The answer to which banks are hostile to Bitcoin? Same as the answer to how many people are dead in that cemetery: All of them.
Nope. Bitcoin.de is currently negotiating with Fidor Bank AG for some sort of partnership far beyond than just operating heir account. Fidor will handle the customers accounts and they will be protected by the 100k deposit insurance of german gov. At the moment bitcoin.de has problems with people refusing to pay settled trades,but this partnership allows no chargebacks then. http://www.newswire.ca/en/story/1197313/bitcoin-de-and-fidor-bank-ag-agree-on-large-scale-partnership |
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Gox can not be killed by a bank run.
That's just plain stupid. A lot of their money is seized by the Feds and if people run on MtGox they are done. If people want move their funds to other exchanges they won't be able to convert all fiat to BTC since the spread would explode and Mt.Gox already doesn't process USD withdrawls. It doesn't matter that they own the freezed accounts, if customers demand a payout and they can't serve all that's insolvency. They have enough other problems (Coinlab, Feds, ...) to be at risk, but the 10% premium and this threat could easily trigger one in addition. |
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LTC profitiert dann auch am News-Effekt und der erhöhten Aufmerksamkeit professioneller
Trader, die nun mal - aus welchen Gründen auch immer - hauptsächlich bei Gox zu finden sind.
Professionelle Trader in Crypto währen mir neu ... Mir fällt nur Max Keiser ein, aber sonst kommen mir die alle wie Amateure mit zuviel Geld vor. Der Winklevoss ETF isn Witz und sonst fallen mir keine Leute ein die sowas gemacht haben bevor sie zu Bitcoin gekommen sind. Selbs wenn es Pro's in Bitcoin gäbe wüssten die schon vorher über LTC bescheid ... Aber egal wie es kommt. Es wird mehr...  Ich habe genug in anderen Altcoins um bei einem Paniksell günstig nachzulegen und wenn der Preis wirklich durch die Decke geht werde ich endlich die ersten Gewinne realisieren. Falls ich wieder günstig reinkomme fein, wenn nicht habe ich keine Verluste. WIN-WIN |
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And that risk has been quantified in the 10% premium for USD (buying BTC on Gox & selling on Bitstamp).
Without a possible way to arbitrage there is no way to reduce that premium without a huge longterm investment so I wouldn't say risk has so much to do with it since even if this way were riskfree those 10% couldn't vanish easily since a lotof people want out. Nevertheless this is very alarming and if Mt.Gox really gets insolvent it will have a huge impact on the demand of bitcoins. |
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Why in my wallet (mac version) stakes are always equals to 0 ? must i do something to mine PoS ?
Thanks
That's probably also explainde somewhere on bitcointalk too, but this is the link I have at hand: http://yacointalk.com/index.php/topic,144.15.html |
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Die Frage ist, was passieren wird, wenn Gox seine Ankündigung wahr macht, und im Juli Litecoin implementiert?
Nicht viel, bzw ein kleiner Kursrückgang wegen Entäuschungen über die fehlende Kursexplosion. Wenn fast jeder der von einem LTC-Boom ausgeht hat so wie wir beide bereits gekauft hat gibts kaum neue Käufer die plötzlich kaufen. Die anderen, die noch nicht LTC gekauft haben, glauben nicht an LTC und werden wegen dem auch nicht kaufen. Ich erwarte mitelfristig einen LTC-Boom, aber direkt beim Erstlisting auf MtGox wird sich nicht viel (positives) tun. Viel entscheidener werden Börsen wie bitcoin.de sein, weil da wirklich neue Leute zu LTC kommen würden. |
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Ich denke, dass litecoin seine daseinsberechtigung hat.
Auf jeden Fall, die einzigen die noch LTC bashen sind sowieso nur Leute die glauben ihre BTC werden dadurch weniger wert ... Aber es macht natürlih keinen sinn immer neue
Coins zu generieren, von denen es einfach mehr gibt (siehe feathercoin und co)
Für wen? Wenn ich in der Lage währe meine eigene Scamcrypto zu machen würde es schon Sinn für mich machen, und für die Idioten die sowas kaufen ist "Sinn und Verstand" sowieso ned mehr als zwei Fremdwörter ... Sowas wird es immer geben und dadraus irgendwelche Schlüsse ziehen zu wollen ist genauso sinn- & verstandfrei. Ja, es gibt auch schlechte altcoins, aber das sagt einfach nix über LTC,PPC,... oder ne einzelne coin aus. |
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I'm interested in some of the smaller currencies, it will be interesting to see if any "businesses" create their own currency, the Amazon coin announcement made me think for a second, until it became obvious it was just a token system. A large operation like Amazon could further legitimize the currency model and would have a large enough selection of saleable goods to make it work for the general public.
I really doubt that we will see a coperate crypto at all. They could easily launch a coupon system, but a crypto currency would need to be defented in an expensive lawsuit. Bitcoin can't be sued just outlawed, but that company would be an easy target. There is no benefits for a company in comparison so why take the huge risks and a guranteed lawsuit. In my jurisdiction they can devalue coupons after 3years and that is a nice additional reward since some people are idiots and forget about them. |
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what happened with the YAC price?! so much panic sell for which reason ?!
if YAC is now harder to be produced after N changed why it dropped the price like this ? it should have been opposite..
will you be quiet or do something with to promote your coin ?
one nice pump would fix this..
I belive some of the earliest adopters want to cash out. Based on the size of single sell orders I assume there are just a few wealthy people actually selling. YAC has only little actually buying demand so they can drive prices down as far as they accept the price for. Once these people have sold to people who want to keep for longer we might see a price bubble soon. Not good for YAC, but that might be a chance for a quick buck. |
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of course, but someone needs to hold the funds before the bounty can be paid out right, when the developer delivers he gets the funds
OP=SunnyKIng=Developer of PPC As I said, if you can't trust the developer of a crypto you can't trust that crypto. He is pledging, not reciving. EDIT: I doubt that anyone wouldn't want her own bounty when the pledge is big, so this will probably just for spare change or PoS rewards as a good deed. |
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Copper Lark - there is a big chance of becoming one of the major coins.
Could you provide some details why you belive that ... I've looked around, but there wasn't much english info aviable. It uses a new hash algo, but that's all I found out and just a different algorithm wouldn't make it worth mentioning at all. |
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It would be a good idea for the OP to generate dedecated adresses to the bounties so people can easier donate directly and he handles the coins.
It's also kinda hard to figure out how much bounty is for an retailer atm and just because someone says he's going to plege means nothing if you don't know him.
would be very useful, if there are donation addresses we can see how much is donated, but does require trust, escrow? If you don't trust the developer you can't trust his crypto either so I belive escrow is not required at all. |
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I don't know what you consider powerful, but I hardly doubt that it won't be bitcoin.
Maybe there will be another also-established crypto in that timeframe, but it's not so likely at all. Nevertheless I belive bitcoin has far too many flaws to be THE mayor crypto for the next 10years or so. I don't see that potential in todays altcoins either (exept maybe YAC) so I think there will be at least one more big crypto to come.
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- I would hope Windmaster would call his source official.
Probably an interesting point to open for discussion. Does anyone object to calling my version of the client official? Certainly it's not the original client, and I'm also not the original developer. Thoughts everyone? For me you are the official developer, but just calling your source official without some legitimation is a bad idea. Personally I belive a vote mechanism via signed messages of wallets would be a good thing for the future anyways, but that might be overkill for this issue. Start a poll on yacointalk or here and that might give enough legitimation. We will need to change the code sometime in the future anyways (PoS double spends), so it's urgent that someone active gets accepted as official dev. |
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Would it be worth using the computing power on your smart phone to mine assuming no specialized hardware at that point?
No, that's just a waste of time. |
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So if I understand correctly... GPUs are generally built with less RAM per core compared to CPUs since not a lot of memory storage is required when processing graphics. Thus, CPUs are built with 4-16 gigs of RAM while GPUs don't go beyond a couple megs PER CORE.
GPUs have GDDR on the card that is a special, ultrafast DDR RAM. It's far bigger than caches for CPUs (12Mb vs 1Gb) and their only problem is the memory per core since they have a lot of cores. I belive it is unlikely that there will be enough GDDR on standard graphic cards since this gives no advantage for their usual workload and requires a lot of work. On the other hand it is just a matter of time when RAM gets so big that the size difference between onCPU memory and RAM make it interresting to add faster GDDRx on mainboards. L3 on CPU chip(MB)<GDDR next to CPU(few GB)<RAM(several GB)<SSD(lots of GB)<HDD(and so on)<NAS<... while speed is the opposite. How simple would it be to design/rig a GPU with CPU-sized RAM?
I don't know, but I suppose special YAC hardware will never or only on rare occasions pay off their initial developing costs. Even if you get the RAM on a custom board the GPU still has limitations on transfer speed and such. This could easyly get very messy. If some mainboard producer adds GDDRx on a blade mainboard all your effords would be useless. The performance gain compared to CPUs with GDDR would be reduced to a minimum. Other factors, f.e energy costs would dominate this so hard that money should be spent on these to improve. |
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Remember, trust no one
+1 Every trust system is based on actions in the past. That doesn't mean people couldn't change their mind and start scamming. See them as hints, not as a foolprove replacement for your brain. |
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Well put, i wonder how spintronics will work with this type of hashing.
In my opinion it should be amazing and will keep CPU mining very competative in the future.
I'm sorry to disapoint you, but the effect on that is zero. If MRAM really replaces DRAM or this 'd leed to a total new technology it will be used on both, CPU and GPU. The nice properties of YACs hash algorithm make it very stable against technological advance. Most other hash algorithms will be performed by ASICs or FPGA in the future when they become even too simple tasks for GPU. (far future) The only way I see YAC to loose the homemining ability requires an extreme technological breakthrue and extreme high prices. Since the calculations for its mining are quiet similiar to standard computing even then it's unlikely to become impossible on standard home hardware like bitcoin will in a few month. |
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Agreed and i have seen the argument about the cpu mem speed being somewhat ok for the N-increases given we are getting larger L3 caches on chips these days.
L3 alone won't be sufficent. There are already the first CPUs with L4, but I suppose some new sort of small and fast GDDRx that be added to the mainboard will make it. (like in PS3) I really like the N-increase since it takes further PC development into consideration. If we had the first crypto in the 90' the memory requirements today would be so ridiculous small that even GPUs couldn't compete against highly paralellized ASICS or FPGAs. YAC satisfies the demand for a crypto that is mineable on standard PCs. |
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