It makes sense for government to issue digital currency, just like the fiat, but they have better control over the money flow etc. We've been hearing that US Fed is looking into the "FedCoin". I am sure some government will do it sooner than later.
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This stupid dev screwed big time with PoS, he intended the PoS be generated the same rate as PoW, but in fact it is not. It will generate the same PoW amount every hour! So guys, keep your wallet open, you will get big PoS coins, look at his stupid code: int64_t GetProofOfStakeReward(int64_t nCoinAge, int64_t nFees) { int64_t nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + ; // Reward ~ Payout is not calculated by % per year acording to the coin age... // Reward is based on a fixed ammount. if(pindexBest->nHeight < 52560) { nSubsidy = 0.03837519 * COIN; return nSubsidy + nFees; } else if(pindexBest->nHeight < 999999) { nSubsidy = 0 * COIN; return nSubsidy + nFees; } if (fDebug && GetBoolArg("-printcreation")) printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nCoinAge); return nSubsidy + nFees; } So keep your wallet open, every hour for every part it will generate 0.03837519 * COIN regardless how many coins you actually have! That's the best dev I've ever seen And good luck with such dev. EDIT: it is possible that dev did this on purpose for his premine to grow faster, lol.
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This looks a very interesting coin... is it based on bitshare? what are the major improvements?
The web wallets look nice. Is it intend to be a framework like Ethereum?
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While the exchange can be hacked one minute after your deposit, if you don't constantly keep the bitcoin in exchange, or keep only the minimum, your chances being hacked are a lot less. I never trust exchanges or online wallet, they are simply too risky. Mt Gox got tons of accounts hacked even before the big hack, so exchanges are not safe at all.
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How nice it is. Bitcoin is in the initial long term upward trend and will go higher when more and more people discover the bitcoin. Hope in 2017 it will go to $2000. It is the cyber gold and people will collect.
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Bitcoin will not take over all the money/fiat, but as it is now it is a type of money, and it will become more and more popular. I suspect central banks will create their own cybercurrency, so bitcoin will not be the only future money.
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Many people are still to discover the bitcoin. And bitcoin is in its initial ascending price phase, it becomes the de facto gold in cyber space. I think in 20 years it will possibly go to 100,000 USD.
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Sasha from waves has no byteballs left to sell, he sold all he had for 35 BTC. Sasha can't sell his byteballs twice, he's dumped them already.
I doubt he sold all of them, he never said that ... How many byteballs they get? I suspect they got about 4000-5000 GBytes. With price around 0.01 BTC/GBytes, and low to 0.007-0.008 BTC/GBytes, they probably sold all and got 35 BTC, they probably dumped at any price.
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Dear TrumpCoin Community
We wish you and your loved ones a happy and a peaceful New Year 2017!!
2017 will be incredible for TrumpCoin and its investors
The TrumpCoin Team Happy New Year to everyone! Hope TrumpCoin makes the altcoin community great again What's your dev plan in the first 100 days of Trump administration?
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That is quite an observation, if that is the case then what is stopping users attacking the network with double spend inputs that have been edited for the same time input, wouldn't both then be accepted at the same time since the timestamps are identical so it wouldn't know which one comes first.
Don't think you can edit the timestamp. My question is more on the fee rewarded to connecting first time to new parent. If an invalid tx can do it, then it makes sense to create a lot such invalid tx, just to collect the fees.
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I am reading the white paper: If two transactions try to spend the same output (double-spend) and there is no partial order between them, both are allowed into the database but only the one that comes earlier in the total order is deemed valid. Do you remove the invalid transaction from the DAG tree? Or just leave it and mark it as "invalid"? How the tx that cover the invalid one gets re-org'd? The invalid tx stays in the DAG but is marked as invalid and most of its data is removed. Thanks to that, the txs that cover the invalid are not affected in any way. Hmm this is interesting. But what about the parents? If the invalid tx gets some parents for the 1st time, he is suppose to get some fees. Will he actually gets it? If so then I can devise an attack by creating massive invalid double spending tx and the only purpose is to grab all the fees related to first time parents.
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There are a long list of the online wallet being hacked since the inception of the bitcoin, and for that reason I don't keep my bitcoin in online wallet for long, often just use it for trading. There are still too much security issues there.
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Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
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I am reading the white paper: If two transactions try to spend the same output (double-spend) and there is no partial order between them, both are allowed into the database but only the one that comes earlier in the total order is deemed valid. Do you remove the invalid transaction from the DAG tree? Or just leave it and mark it as "invalid"? How the tx that cover the invalid one gets re-org'd?
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hahahaha so many price speculations, no one can set price now, if project is stable and solid + many great features then price will be high if not... so 1 sat soon
Will be much better than 1 sat in any circumstance. 1 sat are only for these shitcoins having nothing new. Any coins have something new, like zcash, zcoin, dash, etc etc all well above it.
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I don't really care whose version, it's better you guys get united. If you can not handle a team, how the heck you can handle the development of the coin in the future. It's good to have some investors, but who know who are these investors, anyone can be "investors". As a long term miner, I just hope the coin be stable and back on the track defined initially.
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This pre-pre-pre shit wont have any effect on noobs buying capacity unless u self-buy 99% of shares, letting them eat up the remnants. Undisclosed meeting? Yay. Do u have irc / skype logs, phone call records to make ur argument look any stronger?
Yes another newbie started ICO, another high school student project? trying to get some quick and easy money? Go ask your mom for pocket money, it would be a lot easier! I saw many those fake ICOs where dev and his friends put in 80+% BTC, creating an impression a lot people investing, to attract some ignorant people to get in, so they can harvest the 10-20% ICO as profit. Stupid devs.
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Greenspan, however, warned investors that bitcoin is an incredibly high-risk asset. “We could easily see further jumps of $300 or more in either direction before the excitement fades,” he said. Nice description from this senior market analyst at eToro Incredibly high risk asset is a true statement but its benefits is dominating for the moment, i could say that there is nobody here that isn't making a profit with + $900 as a price without counting those who bought bitcoin when its price was less than $10 Greenspan? what does he know? This guy at 1996 said market is irrational exuberance then later in 2000 at market top he noted that new economy (by .com) will sustain the growth, what is a joke. He knows nothing.
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No need to tell them anything, they will figure out quickly. Go look at the altcoin board, there are so many ridiculous ICOs, that are apparently created by the high school students, possibly they are already doing massive altcoin projects to make quick and easy money
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This is good wish, but will never happen unless the US dollar will devalue to such an extent that we buy a bread with $5000. Lol. Bitcoin is in good upward trend, but no way to 1 mil.
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