risky but do-able.
can you explain please ?
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I was wondering if the dev of a coin can change block rewards after launch and block rate generation speed. Sorry for my english. Not a native.
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dudes. what`s happening with the hashrate? why drop?
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I downloaded the client, got it synced up, and it's complaining at me that I need to upgrade to litecoin 0.6.9.1 before some date in August. I have litecoin 0.6.9.2 installed already. am I missing something?
don`t know what`s happening. same thing to me ....
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Add Primecoin, brah
^This. NVC, FTC, and CNC were added quickly. WTF is taking so long for XPM? better add wdc or dgc cause they have fast confirms and they would be a great coin to stick at around 2-3 bucks so you can pay for your daily needs. i say it`s way better to pay with 3-4 wdc/dgc for a pack of smokes than 0.000001 BTC.
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cause like a few hours ago it stoped responding and again it showed 0 hash rate for the pool.
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dude your pool is dead again?
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dude! what`s happening. the pool is dead or what? i can`t connect cgminer to it and at pool stats it shows pool hasrate 0! da fuq?
that's the latest stratum patch gone crazy while i was asleep. fixed it now sorry for that thank god. And is there any improvement with the patch? I'm asking cause i've never wondered how it really works. the patch should improve mining outcome, but sadly it worked vice-versa because of downtime well, it happens. But at least it's good that the pool ain't dead.
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dude! what`s happening. the pool is dead or what? i can`t connect cgminer to it and at pool stats it shows pool hasrate 0! da fuq?
that's the latest stratum patch gone crazy while i was asleep. fixed it now sorry for that thank god. And is there any improvement with the patch? I'm asking cause i've never wondered how it really works.
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dude! what`s happening. the pool is dead or what? i can`t connect cgminer to it and at pool stats it shows pool hasrate 0! da fuq?
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how is this free? I get them for refering people. It means i do something it means it's not free. Dooh!
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The newbie lotto is still going on. You might not get much if you win but a bonus draw using the newbie lotto database takes place from time to time where you can win considerably more. how much we can win at lotto and how much at the bonus draw?
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The problem is *trust*.
Simple as that - any anonymous site that wants me to *trust* them is a *scam* as far as I am concerned.
Maybe I don't *like* my bank (due to fees or other annoyances) but at least I don't worry that they would just *run* with my savings.
Any Bitcoin bank that wants to be anonymous should be trusted about as much as you would trust a complete stranger.
When did anyone say that the bank would be anonymous. I think a lot of people here have trust issues in general. That`s right. many will have trust issues especially at the beggining. think about that if the first bank would open tommorow. how many will actualy deposit and how many will think that this is another trick to steal their stuff?
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"ok maybe i`m not understanding your writing(i`m not nativ english) but how do you want to keep them. in wallet.dat with acces to a computer an external drive or? ..."
Device one
The "Vault" is device one , this device is inside the Bank , you have to have verification to Get in there etc.
The happy smiling assistants help you with this process - you bring in your "On a stick somewhere" and you run it though the basic Mal-ware checks that have to occur - all of which are off line.
you access your "Vault" with assistance if needed - but this "Vault" a Custom open source OS and very secure with in built protection , and is permanently offline .
you deposit Valuable savings here and know they are safe , whitout the worry of losing or having to back up Hard-drives or encrypt USB disks to lose -
ok
Device Two
While you are there you take the opportunity to recharge your "Wallet" another device essentially running a Custom OS with password encryption etc. just like your key card. - you have a pin its that simple .
this is the thing you walk around with , and make purchases with - if cryptocurrency is fairly valuable in the future you will not need to keep a lot of currency on this device , enough for you to be comfortable with , but enough say for a 1 month or 2 months of spending etc.
. seeing it yet?
well that thing with the custom OS and permanently offline seems legit.in this case things start to make a lil bit of sense. but it`s still a maybe-maybe situation.
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the price has to do everything. how can you loan 10 btc at 100$ and pay back 10 btc at 60$? it makes no sense why keep it at a bank? when you can keep it on a stick in a vault or something? what if something goes wrong and it happens like Greece? the goverment just says no to withdrawals? in the future this may happen but stiil there are even more issues that will arrise like anonimity. i must keep them at a bank where people know who i am so Bitcoin takes one straight in the face cause it suppose to support anonimity. corect me if i am wrong. Look i know there is a lot of text there , but you should really read some of it if you are going to comment on the subject ? I'm sorry for my writing manner , i wouldn't say I'm the most literate person in the world . lets be clear: - The Banks primary purpose is not lending. sorry for calling it a "Bank" but that is the correct Latin derived English word
- "on a Stick somewhere in a vault" - is too hard for 80% of the population, if you need to understand this point , do this , go to your Mother and explain the principals of Cryptocurrency now tell her to back up the wallet and Encrypt it.
- "something goes wrong and it happens like Greece" - seriously? these are free market institutions im talking about , i'm not explaining why Greece or Cyprus happened , but it can't happen with a Block Chain ok, just understand that .
ok maybe i`m not understanding your writing(i`m not nativ english) but how do you want to keep them. in wallet.dat with acces to a computer an external drive or? ... ok hopefully I've corrected you . yes you are basically "wrong" not wrong but misunderstood the writing.
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use this http://www.bitcoinx.com/profit/ . according to it if you had like 2 milion mh/s you get a block in 12 hours approx. but bitcoin at this stage it`s a big NO! for solo mining. if you had that kind of hash speed it`s still beter to stick to a pool.
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Maybe the trust of a bitcoin bank lies in price stability too and for now i can't imagine people loaning bitcoins from a bank. So why keep them at a bank when you can keep them on a usb stick or 5 to make sure you still got them if 1 fails.
the "Bank" does nothing more than the Ancient principal of a "Bank" , it protects the digital savings, but in a more advanced manner - there is no loaning , well not in this conception , but in fact i couldn't see why there couldn't be.. , but there certainly couldn't be a Fractional reserve system, so a Loan would be at the "Banks" own risk.
then again - the market would determine that risk as well. this is where a supportive government would come into play, as they would regulate policy that Loans could not be derived from savings as such and should be "At the risk" of the "Bank" itself, - if the Opt in user wishes to gain "interest" then they can "Opt in" to an access system which makes available say a % of the saving for loan at risk, and gain a modest amount of interest, this would likely offset some or all of the fees, but the main pricipal of the "Bank" would be to simply protect the Savings, there would be no "Big" "Money" like the Fractional Reserve system that exists now, where by new Legal Tender is "Loaned" into preexistence. - Debts will not be Assets, only the interest derived. price stability has nothing to do with it , that's the market , also who said this would just be Bitcoin ? It would be any digital currency the market will want to store there , well at least that's what the free market would decide. basically if : 1. it has Value . 2. people have enough quantity to care about that value. they will 3. happily pay a small fee for the piece of mind to keep them there, and access them safely for spending transactions. ** don't get me wrong this is the Future , not the present you are seeing - this is after the "West" has learned the lesson that it can not control the world and all its information , not least with "financial Assets" - the energy that is being drained is less and less every day as users Opt out of the system, this causes a "short" in the system if you like and it doesn't seem to take long before the whole entity stops conducting . the price has to do everything. how can you loan 10 btc at 100$ and pay back 10 btc at 60$? it makes no sense why keep it at a bank? when you can keep it on a stick in a vault or something? what if something goes wrong and it happens like Greece? the goverment just says no to withdrawals? in the future this may happen but stiil there are even more issues that will arrise like anonimity. i must keep them at a bank where people know who i am so Bitcoin takes one straight in the face cause it suppose to support anonimity. corect me if i am wrong.
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Rather try to find wdc's strong points and make sure that everyone knows them. In my case i like wdc. I mine wdc. I put my hopes in wdc. But i ain't bothering myself that much for 50 wdc. Rather do something like Coinchat:you get mBTC for chatting. It caught some people and they already expanded their site and improved it a lot.
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And what is the number for N?
that's dynamically calculated based on worldcoin difficulty ok.thanks. Anyway it's a great pool and keep up the good work.
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And what is the number for N?
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