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2641  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: March 10, 2016, 03:36:08 AM

smooth

Who denies the obvious arguments and blatantly inadequately lying and rejects ANY OBVIOUS FACTS deserves as well beat on his trolls snout and not a respect or normal discussion.

^ Further evidence for

But the people supporting it on this thread sure look like fucktards, that's for sure.

Is this an inevitable part of pure-ICO coins which lend themselves to pumping and incentivize people (especially people who are over invested and therefore trading on emotion) to become rabid shills?

Maybe I'm generalizing too much from a single example. Was Nxt like this? (Serious question)
2642  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 10, 2016, 03:30:59 AM
From Poloniex:

Quote
We will be adopting a maker-taker fee schedule beginning March 20th. For more information, visit: https://poloniex.com/fees

Any opinions? Not sure if good or bad. Ought to provide more liquidity ask/bid wise since it will be more expensive to marketbuy.
I opted in to the new fee schedule.
I was already placing all my orders as limit orders.  Using limit orders imposes self-discipline.  And it's good for the market.

I dont understand the new fees. Could someone explain this in plain english. What are the pros and cons for traders of this change?

When you make a market buy or sell, you pay the "taker" fee (starting at 0.25% in the new system).

When you place a buy or sell order that stays on the book and it gets executed, you pay the "maker" fee (starting at 0.15% in the new system).

The pros are:

1. That it encourages people to place orders on the book, increasing liquidity
2. Lower fees if you place orders on the book

The cons are:

1. Discourages market buys/sells, which may reduce the ability to trade patiently and get better prices
2. Higher fees if you make market buys/sells.

The new fees are also discounted for higher volume traders, which is an advantage if you are one, but irrelevant if you are a low volume trader.
2643  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Support on: March 10, 2016, 03:26:58 AM
Try adding "--out-peers 1 --p2p-bind-ip 127.0.0.1" to the bitmonerod command line

But if your bandwidth is really that bad, or your computer that slow, it may not help much. Give it a try and see.

You can use the "status" command to see whether it is making progress.
result:

unknown command: --out-peers 1 --p2p-bind-ip 127.0.0.1

displays command list

EDIT: 
tried "out_peers 1 p2p_bind_ip 127.0.0.1"

result: max number of out peers set to 1



You have to put it on the command line when you start it, for example:

BITMONEROD.EXE --out-peers 1 --p2p-bind-ip 127.0.0.1
2644  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Support on: March 10, 2016, 02:54:35 AM
Try adding "--out-peers 1 --p2p-bind-ip 127.0.0.1" to the bitmonerod command line

But if your bandwidth is really that bad, or your computer that slow, it may not help much. Give it a try and see.

You can use the "status" command to see whether it is making progress.
2645  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: March 10, 2016, 02:09:13 AM
Anyone that still ...

Anyone that still ...

Do you understand that making your post bigger and posting the exact same thing over and over again using multiple accounts does not make you or it any more credible? In fact the opposite.

Question:

Smooth, are you against Iota?

I have no opinion on the coin or the tech, I haven't studied it. But the people supporting it on this thread sure look like fucktards, that's for sure. I wouldn't trade based on that though -- do your own homework.

2646  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning on: March 10, 2016, 01:23:38 AM
I tried to ask on the reddit but it wouldn't let me. Maybe some bug.

I wanted to ask what are the innovations over XMR?

Was it a brand new Reddit account? What do you mean it would not let you?

Aeon offers pruning and 4 minute block times. Its focus on keeping a light footprint will make it well suited for mobile and lower performance devices.

Also

Faster syncing and verification due to 4x faster PoW.
Allowing lightweight low-mix/no-mix transactions with usage limits to protect against chain reactions.

Cool I think I'll grab some. Are these your own innovations? I know there is another XMR clone called BBR.

Pruning is my own design and implementation. It is different from the approach used in BBR (differences described in the pruning FAQ)
The PoW modified design came from a white paper for an unreleased coin called Louisd'or, co-authored by the developer of BBR, but that coin apparently decided not to use it. The PoW modifications I implemented myself.
The approach to low-mix/no-mix transaction (design and implementation) is my own
Some other bits of code have come from Monero or BBR (always credited)

I believe in adapting and adopting the best solutions regardless of source, and developing my own when I can do better.
2647  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 10, 2016, 12:32:45 AM
Fungibility provides privacy as a side effect.  Adam Back 2014

It's nice to quote Adam Back but I think his formulation is weak.
It's better expressed as "Fungibility requires privacy". The later relationship makes it clear there is no other way to obtain fungibility at the macro scale than to offer privacy at the user scale.

Adam's (admittedly subtle) formulation is exactly right; yours creates chicken-or-egg recursion.  Did you listen to the context?

He may have put up some reddit posts on the subject too.  CBA to find them tho.   Tongue

It's more a matter of PR and catchyness rather than pure logic, for me both are correct in terms of logic.
What I find weak/unintuitive with his statement is that he expresses the desired result at the global scale (fungibility) and says "by the way that also gives you" the desired result at the individual scale (pricacy).
I much prefer to express that if you want to get to the general goal "fungibility", you'll have to design your system for the goal "privacy" and there is no alternative that'd by-pass it

Monero's "involuntary" (ie 100%) fungibility is logically prior to its privacy, which is an emergent property.

Systemic macro scale fungibility supervenes upon privacy at the individual user level.

Pure logic FTW.   Cool

I still disagree because for me fungibility is the emergent property, not the other way around.
Anyway we might be splitting hairs.  Smiley

Fungibility is an emergent property here because Monero is a constructed device. Thus fungibility must emerge from the construction.

Fungibility in other (mostly historical) cases is not emergent but a property of the underlying good.
2648  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 02:38:03 PM
Yes, like many political systems that start out with certain "ocracy" good intentions they have a slimy way of being corrupted over time (power corrupts weak minds), which is exactly what occurred here with DASH.  Until Evan pulled the scam, this coin was indeed scam free.  And now that the public knows the truth (that Evan is simply a Dictator), then it is no longer a scam.

It is not likely that it started with good intentions. The evidence of scamming dates back from before the launch.

It is also not accurate to say that the public "knows the truth". People continue to be misled by the propaganda being disseminated by Dash supporters claiming, for example, that the coins were "redistributed in the market" (when this is at best unprovable), or that the people involved had and have good intentions because the instamine was all a tragic accident (at best unlikely).

As long as attempts to mislead and confuse continue, and especially if they continue to succeed (and they do, as we continue to encounter people such as yourself who are confused), the scamming is ongoing, and not only a historical event.
2649  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 01:51:24 PM
Thank you for your input again smooth, you have clarified my concerns allowing me to reach the conclusion that DASH is indeed 100% not a scam.  Dash is just a community that is ruled by a king or dictator.  Those who buy DASH are completely at his mercy.  And that is OK, because they are free to leave (sell their coins) at any time.

When you define a common word in such a way that virtually nothing qualifies (short of being held up at gunpoint in a back alley), that is a good clue you are defining it in a manner that you invented and not in a manner consistent with standard English.

But in the end it doesn't matter. A scam by any other name will stink just as badly.

2650  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 01:23:51 PM
If it is impossible for Evan to steal (scam) shares in the future (like he essentially did in the past), then there can be no future scams, and this stock is accurately priced by the free market, however, if there is indeed a chance that Evan could steal shares again in the future, then, this coin has true potential for further scamming, and I wouldn't touch it with Hillary's dick.

The parameters of DASH have been changed many times (so many, in fact, it is hard to come up with a complete listing of all the changes). There is little question that Evan could change the parameters again (or, more precisely, "propose" that they be changed, while the dominant stakeholders including himself and his close associates would very likely endorse such a proposal).

Damn smooth, you force me to post again. I was waiting for you to answer him and expecting... Please don't forget to make the point that masternodes are themselves an ongoing scam which you and I have both pointed out in the past. I will let you elaborate...I hope I don't need to post again.

I don't remember what parts of masternodes you think are the most scammy.

The technology is unsound and won't hold up under a decentralized adversarial scenario (it may hold up currently in practice because of latent centralization). Economically the people with the most masternodes will both earn disproportionately more money (especially since that masternodes don't really service any real workload and you can host 100 masternodes on one server) and have disproportionate influence in voting, which can in turn be used to make them more money. The scheme is designed to funnel money from outsiders to insiders.

The whole thing is a such a complete clusterfuck resulting from poor critical thinking skills (and/or deliberate scamming) in so many ways that I don't really know which ones to call out specifically.



2651  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 01:14:42 PM
Poll is even more useless now than it was when first opened.

The original question was: "Which gets CALLED scam most often", now it's "which do you feel IS the biggest scam."

such skewed now, amaze.

Changing the wording of a poll after people have voted on it?

SCAM!
2652  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 01:13:50 PM
If it is impossible for Evan to steal (scam) shares in the future (like he essentially did in the past), then there can be no future scams, and this stock is accurately priced by the free market, however, if there is indeed a chance that Evan could steal shares again in the future, then, this coin has true potential for further scamming, and I wouldn't touch it with Hillary's dick.

The parameters of DASH have been changed many times (so many, in fact, it is hard to come up with a complete listing of all the changes). There is little question that Evan could change the parameters again (or, more precisely, "propose" that they be changed, while the dominant stakeholders including himself and his close associates would very likely endorse such a proposal).

Quote
So I am now wondering if I scratch DASH off my list, then what other coins follow a similar "hybrid" model like the one Amanda describes in her weekly column?

I think Decred is experimenting with blockchain-based voting. I'm sure there are others.
2653  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: March 09, 2016, 11:12:35 AM
Fine, "you" in English is also plural. The comment stands.
2654  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: March 09, 2016, 11:07:56 AM
Anyone that still ...

Anyone that still ...

Do you understand that making your post bigger and posting the exact same thing over and over again using multiple accounts does not make you or it any more credible? In fact the opposite.
2655  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto gets the most "SCAM!" accusations? - BE HONEST PLEASE on: March 09, 2016, 11:04:55 AM
If you are really looking to find a scam, the elephant in the room is Dash.

The dev premined boatloads due to a 'mistake' and he didnt fix it because the community was cool with it Lips sealed

ETH premined ALL the coins..

No, ETH has mining, at least for a year or two until they switch to PoS. It seems like the premine will end up being something like 70% or so, unless PoS is delayed, in which case it will be lower.

Coins or tokens like Nxt/Factom/Ripple are 100% premined. Pretty different.



I couldn't care less if they tacked it on way later after the 2014 launch.

It wasn't tacked on, it was clearly stated in the original ICO that there was going to be mining starting from the launch, but that it could be reduced or eliminated later with a switch to PoS.
2656  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: HOdlcoin HODL OTC thread [bid: 0.00011000 ask: 0.00013999 last: 0.00012000] on: March 09, 2016, 10:57:23 AM
are there any orders or offers still open?

Everything on the OP is current as far as I know, and the message right before yours is looking to buy but didn't state a price.
2657  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning on: March 09, 2016, 10:29:28 AM
I tried to ask on the reddit but it wouldn't let me. Maybe some bug.

I wanted to ask what are the innovations over XMR?

Was it a brand new Reddit account? What do you mean it would not let you?

Aeon offers pruning and 4 minute block times. Its focus on keeping a light footprint will make it well suited for mobile and lower performance devices.

Also

Faster syncing and verification due to 4x faster PoW.
Allowing lightweight low-mix/no-mix transactions with usage limits to protect against chain reactions.
2658  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 09, 2016, 07:13:09 AM
The new ShapeShift includes Payment ID for Monero:

https://beta.shapeshift.io/beta


Yeah, it only offers a payment ID but no Monero base address  Huh Shocked
Can i make a transaction only with a payment ID without providing a base address  Undecided Huh

Certainly not. I have no idea what would be going on there.
2659  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto gets the most "SCAM!" accusations? - BE HONEST PLEASE on: March 09, 2016, 06:25:23 AM
If you are really looking to find a scam, the elephant in the room is Dash.

The dev premined boatloads due to a 'mistake' and he didnt fix it because the community was cool with it Lips sealed

ETH premined ALL the coins..

No, ETH has mining, at least for a year or two until they switch to PoS. It seems like the premine will end up being something like 70% or so, unless PoS is delayed, in which case it will be lower.

Coins or tokens like Nxt/Factom/Ripple are 100% premined. Pretty different.

2660  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 03:00:54 AM
I see your point smooth, so DASH is the only crypto on the list to "find" unaccounted for shares post IPO and keep them instead of burning them?

I have no idea

Quote
If that is the case, then this type of behavior is truly scam worthy.

If others did do it, that makes it not a scam?

Quote
A "scam" is a lie or misreprentation. A prime example of which is:

"Paycoins can be redeemed for $10 each"

which of course is a false statement

Yes that is form of "scam", and that is one example of a lie or misrepresentation. Other examples would be stating that the coin will "definitely not" be launched in a few hours (and then ambush launching it, with millions of extra coins distributed "by accident" almost immediately), or claiming to be working on it as a "hobby" when you have simultaneously been recruiting behind the scenes to launch a coin as a "for-profit startup".

It takes stupidity to a whole new level for a Dash supporter to create a poll like this not realizing that Dash is one of the most infamous instamine scams and will surely be highly voted as such (even if I don't agree it is the "biggest" or "worst" scam necessarily).
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