Well, that was the trend out there anyway, as Bitcoin kept rising. I've been saying there's a strange correlation between ixCoin and Bitcoin which I did not see in any other coin. look at PP coin, it rose further, people have finally realised that there are less PPC than LTC, and better attributes for long term store of wealth |
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yeah a bit of scam this is
I had 6 to 4 of one type, and got zip, but you sort of do count by two.
6 of one type should win some thing on 5 and 5 should get nothing
How exactly is our game "a bit of scam"? We are provably fair and been running our game for months. We also have the lowest house edge of the games I've seen that use XRP. its the way the pics look. see humans are wired to think xxxxxooooo = no win = even your ripple flip pic does not include these as "lose" its all win win win or at least 1/2 put lose and how in the pic http://www.rippleflip.com/?thisin fact it quite misleading if not deceptive (s75 TPA), on how it works , it does not explicitly say how you loose, except that the edge is 1.85% which infers a loss but the pic just show win, there is no combination shown to lose the lot. It is just implied. please update but xxxxxxoooo= win or ooooxxxxx= win but your system is xxxxxxoooo= loose ooooooxxxx = loose |
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yeah a bit of scam this is
I had 6 to 4 of one type, and got zip, but you sort of do count by two.
6 of one type should win some thing on 5 and 5 should get nothing
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here have a graph  |
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It goes from bad to worse in Australia.
Sydney just going up again, the most it ever fell was about 1-2% per year if that, then goes up 10% a year, 5% a year....it just never stops |
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everything that produces heat from electricity will mine, it will be a standard chip / resistor
toaster with mining resistors
hot water heating element
bar heater
hairdryer
think about it.
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wow looked at the offering
charging 2% p.a for people who cant secure their tech.
also
if BTC evaluates much over the Capital Raise, not sure how they will get thier 17500, I guess buy as $ comes through and live with that--so ok not to bad
but exactly who do they buy reinsurance from if they get hacked, then btc goes up 10x
Also they are a target for injunctions seizures etc.
they are merely promising easy way to buy in and store BTC.....
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you can safely send 10 million no worries with BTC....no bank involved, not state actor, across borders, what else can do this....? and it might take 2 hours to confirm.....
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Welcome to the Australian Bitcoin Foundation Objectives To promote the peoples financial freedom liberty and choice while minimizing costs. Crypto Currencies, with the originator Bitcoin represent a financial paradigm shift for our and future generations. We represent the interests of this innovation to Australian Government, Business and Consumers alike and their international interfaces. We look to embrace International Bitcoin Foundations and Associations, and represent Australia's voice and innovation. As a non-political innovation Bitcoin is backed exclusively by maths and its code. We look to fund the Bitcoin ecology, representation, advocacy and education to broader society, being a touchstone of information, and fora for public discussion. Bitcoin will thrive by the meritocracy of its ideas and codebase and claer advantages it offers. Optimal decision making for all stakeholders will be decisions that promote financial efficiency and improved standards of commerce and living while reducing costs. In this context we serve to answer many of the misconceptions, and questions in relation to Bitcoin, as well as explain how it all works. Join us.
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This came up
"I'm guessing D&T was talking about reusing an address once outputs have been spent. The public key is then revealed. Only ECDSA has to be cracked then.
If an address has no spent outputs the public key is unknown because it is hashed twice. SHA256 then RIPEMD160. All three RIPEMD160, SHA256 and ECDSA have to be cracked to get private key then, making it more secure.
Most vanity addresses I assume are reused, thus weaker."
if you used electrum would any spend from any address leave the whole thing compromised, as crack that and you should/may be able to work out the deterministic bit
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Well they are foolish. It undermines Bitcoins security and privacy model. If a QC ever breakers ECDSA those who don't reuse addresses will have the last laugh.
If you make your vanity address too obvious or public then yes you are correct. Otherwise it is just as much a guessing game as to whose address is whose. I'm guessing D&T was talking about reusing an address once outputs have been spent. The public key is then revealed. Only ECDSA has to be cracked then. If an address has no spent outputs the public key is unknown because it is hashed twice. SHA256 then RIPEMD160. All three RIPEMD160, SHA256 and ECDSA have to be cracked to get private key then, making it more secure. Most vanity addresses I assume are reused, thus weaker. if you used electrum would any spend from any address leave the whole thing compromised |
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It is more concentrated in the hands of a few then ixcoin is. It was dead a few times. Just a copycat. People are realising that premining helps the coin itself. See Ripple, totally "premined" but now the value is very similar to ixcoin, despite there are billions of them, and in the future up to 500 billion coins.
500 billion....why? |
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why wouldn't IO coin overtake ixcoin as it has no premine?
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people don't get that btc may be forced to ppc tech
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can the smallest unit be caller 'Rimmers' with the symbol H
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what a retarded name. should have called it IOU's
your free to do that in your fork if you want! |
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ok bumping thread ready to go!
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After the GOX melt down earlier this year, there were 100's of threads and a Chinese wall of text on distributed exchanges, replete with picture, flow charts, etc
now nothing has come of it, that I can see.
Did any of them go anywhere?
I said at the time, if they spent as much time cutting code as wall of text, they could have made something.
The whole point of an "exchange" is to put Fiat in your bank account or pocket. The only way to make this "distributed"... Is to have random people send random strangers money... And keep track of all this is a decentralized way. The banking system is not designed for and does not allow anonymous payments... Except maybe very small amounts. So that's the end of that pipedream. i generally agree i think a possibility was to make some sort of unified account that you could send money to and from , with your local bank account. Then people write intefaces for a particualr bank sort of like bank--->bolt on interface--->unified system Im not sure how you make it so money sends from a local bank account though?  eg http://bpay.com.au/About-BPAY/Overview.aspx provides a way to interface with almost all Australian banks |
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