I am starting a bounty for a youtube video of using the client:- Setting up Java 8
- Downloading client
- Unzip it
- Starting client (fast forward there then)
- Entering the private key
- Placing some bets
- Sending some CHA
- Placing an order on the exchange
And try to explain everything with a nice english voice. Please pleadge some CHA to make this happen, people need to see how easy the client is to use! Pleadged Bounties:TwinWinNerD: 25 CHA Peled1986: 25 CHA SpongebobCoinpants: 50 CHA Total: 100 CHA #bump
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UH ho... Houston we have a serious problem. Questioning a very logical question, make me a "must be a troll".... very serious (and common) problem.
No "sir" I am just looking for clear answers, that cannot come from fan boys or scammers -one of which you surely are-. I AM aware of the holdings of those 100 wallets. Top 10 wallets still own almost 1/3 of the coins. It IS a HUGE problem by which future investors, like me, should run for the exits.
I wanted some common sensical explanations, obviously there's nothing but blind greed.
Show me 10 stocks that don't have the top 10 investors hold >1/3 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I could show you many. Just for your reference, since you profess total ignorance on the matter- I will remind you that Steve Jobs himself was ousted from Apple. And that wasn't an exceptional occurrence either. But any similitude with stocks in a cryptocurrency, is pure coincidence and the poorest of excuses for stocks are HEAVILY REGULATED and cryptos are not at all, therefore anyone can perpetrate any kind of fraud here without any consequences, while in stocks, in the real world, he (they) will be taken to jail. It is preposterous that the top 20 -or 50- wallets control 80-90% of the coins. Not just preposterous but both a distribution problem and a recipe for disaster. But you really don't care about that, really, do you? You don't care about the future at all, you just want your holdings, whatever they are, to be worth more than you paid for and, when spiking, getting out, right? That's called daytrading or swing-trading. And it's quite ligitimate, so no problem at all with that. There's a big problem though when you pretend to serve that stance with FUD or inventing similarities that don't exist I care more about the future than you, and I have evaluated and informed myself, the contrary of what you did. Do you know gametheory? Lets assume what you are saying is true ( it isn't in reality): that top 20 accounts have 50.01% of the funds. Now, to destroy or harm the network, they would have to work together. TWENTY people have to organize themselves to hurt the network. This on its own is ridiculously hard. But now comes the kicker: WHY THE FUCK WOULD THEY DO THAT? That is the question. Why? Maybe to burn their 15,000,000 USD investment? To through away then money they own? Sure why not... sounds perfectly reasonable.. There is a huge difference between a POW 51% attack and a 51% attack of POS. You would need to kill your own wealth. Now **** off you troll fudster and get your facts straight. Well, normally I would ignore such idiotic response with shouts and obscenity totally uncalled for, but since you insists... I actually hadn't see your "answer", so not selective at all. First, I have been informing myself... and finding out my initial suspicions were not at all far from the reality. Second, no I am NOT saying the top 20 wallets control more than 50.1%, they control almost 1/3. I am not just saying that, it is FACT available to anyone. That you consider an alliance of 20 "people" (it would be wallets, which not necessarily mean different "people controlling them, you get that, right?) "ridiculously hard" is simply quite funny... especially considering that those purported 20 people would be the club of multimillonaires that awarded themselves the totality of coins to begin with. More or slightly less, to be quite precise. You, of course, would find "ridiculously hard" to believe that there are organized "investors groups" ALREADY inside some coins, controlling every aspect of it. But, by their own admission, publicly, they exist. Now you want to know why would they "do that" (I assume you are asking why they would perpetrate a 51% attack). The obvious answer is to get ALL your coins. Would a 51% attack necessarily, kill NEXT? I don't believe so. Just some owner would have ceased to exist. The coin and the platform, going nowhere. Less owners, in fact = more value. Why would they lose anything? Oh, you believe that by that people would run away from NEXT and it's value would be dumped to "0"? Why? Many more applications and uses are brought in every day, why would then NXT be valued less, just because some people, minimal people in investment, whatever their amount in numbers, claim to have been robbed? They would just say it was a massive hacking and that's it. The coin would trade higher a week after the attack. Will they be happy with their millions and not perpetrate such an attack, that stands to reason, why not. By now they have millions of dollars in their pockets already, and still more millions growing in value here, so there's a common sensical opinion, that obviously you share, that why would they want to do anything else? Well, is history and human nature have taught us anything in thousands of years is that many people do quite irrational -or damaging- thing simply because they can. Especially if there;'s no accountability and riches to be gained. After all, 6 million dollars is a lot... only when you don't have close to that. When you do, it isn't that much. And it goes real fast too. Ok, now I get it. You have no idea what 51% attack is. You think you can steal coins. Spend coins of someone? Ridiculous Also if a 51% does mallicious things for only some time, the community would rather fork the blockchain with new distribution without the stealers, than continuing suffering from "tyrans"
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Still offering options. Put and Call. Strike and expire date of your choice. European options only.
The offer you made for the litecoin put said you only do american style, might want to edit your post to whichever one you truly only do. thanks, I guess I was too tired... what a stupid misshap.
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@barabbas nice that you ignore my answer... selective much?
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UH ho... Houston we have a serious problem. Questioning a very logical question, make me a "must be a troll".... very serious (and common) problem.
No "sir" I am just looking for clear answers, that cannot come from fan boys or scammers -one of which you surely are-. I AM aware of the holdings of those 100 wallets. Top 10 wallets still own almost 1/3 of the coins. It IS a HUGE problem by which future investors, like me, should run for the exits.
I wanted some common sensical explanations, obviously there's nothing but blind greed.
Show me 10 stocks that don't have the top 10 investors hold >1/3 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I could show you many. Just for your reference, since you profess total ignorance on the matter- I will remind you that Steve Jobs himself was ousted from Apple. And that wasn't an exceptional occurrence either. But any similitude with stocks in a cryptocurrency, is pure coincidence and the poorest of excuses for stocks are HEAVILY REGULATED and cryptos are not at all, therefore anyone can perpetrate any kind of fraud here without any consequences, while in stocks, in the real world, he (they) will be taken to jail. It is preposterous that the top 20 -or 50- wallets control 80-90% of the coins. Not just preposterous but both a distribution problem and a recipe for disaster. But you really don't care about that, really, do you? You don't care about the future at all, you just want your holdings, whatever they are, to be worth more than you paid for and, when spiking, getting out, right? That's called daytrading or swing-trading. And it's quite ligitimate, so no problem at all with that. There's a big problem though when you pretend to serve that stance with FUD or inventing similarities that don't exist I care more about the future than you, and I have evaluated and informed myself, the contrary of what you did. Do you know gametheory? Lets assume what you are saying is true ( it isn't in reality): that top 20 accounts have 50.01% of the funds. Now, to destroy or harm the network, they would have to work together. TWENTY people have to organize themselves to hurt the network. This on its own is ridiculously hard. But now comes the kicker: WHY THE FUCK WOULD THEY DO THAT? That is the question. Why? Maybe to burn their 15,000,000 USD investment? To through away then money they own? Sure why not... sounds perfectly reasonable.. There is a huge difference between a POW 51% attack and a 51% attack of POS. You would need to kill your own wealth. Now **** off you troll fudster and get your facts straight.
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UH ho... Houston we have a serious problem. Questioning a very logical question, make me a "must be a troll".... very serious (and common) problem.
No "sir" I am just looking for clear answers, that cannot come from fan boys or scammers -one of which you surely are-. I AM aware of the holdings of those 100 wallets. Top 10 wallets still own almost 1/3 of the coins. It IS a HUGE problem by which future investors, like me, should run for the exits.
I wanted some common sensical explanations, obviously there's nothing but blind greed.
Show me 10 stocks that don't have the top 10 investors hold >1/3 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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but many more continue adding coins by forging massive amounts
no the total NXT in circulation does not increase. The money supply is constant. -bm So those people with 40-50 million coins, they don't forge more? they do forge BLOCKS and they get the TX FEES as payment for doing so. So the NXTs only circulate from USERS to STAKEHOLDERS via transaction fees. it's quite different than Bitcoin. -bm I understand that but, assuming they havent sold a single coin, a guy with 50 million would have considerably more than 50 million nby forging right now, right? yes, but that is true for everyone only forging and not selling. What is your point? My point is that if only 20 wallets control probably 80-90% or more of NXT, how does that situation makes a 51% attack "impossible" as claimed in the NXT documents? Clearer: There's a huge distribution problem -extensible to forging- in this coin. Or I am totally wrong? You are wrong. There isn't a huge distribution problem. Distribution is already way better than bitcoin's and continues to get better. I appreciate your confidence but, sorry, you don 't dispute any of my points. Again: 20 wallets got a total of 1 billion coins. Even after presumably massive dumping, still a bunch of those wallets and a few others, control 90% of the coins. How is that not a massive distribution problem? SWhatever the situation on BTc notwithstanding? check the distribution here: http://87.230.14.1/nxt/nxt.cgi?action=34BTC has a worse distribution. Don't make bad assumptions please.
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Account 474...888 has been forging for quite some time with 50 million Nxt, and it's not like he's increased his supply much. It's a non issue in my opinion.
the P/E will improve considerably over time. Most of the blocks are empty and that will certainly change... it has changed with the release of the AE. Hypothetically we can continue to add features until we reach some kind of capacity limits on the block chain. -bm yeah but I think the fee should be lower atleast 10 times!
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but many more continue adding coins by forging massive amounts
no the total NXT in circulation does not increase. The money supply is constant. -bm So those people with 40-50 million coins, they don't forge more? they do forge BLOCKS and they get the TX FEES as payment for doing so. So the NXTs only circulate from USERS to STAKEHOLDERS via transaction fees. it's quite different than Bitcoin. -bm I understand that but, assuming they havent sold a single coin, a guy with 50 million would have considerably more than 50 million nby forging right now, right? yes, but that is true for everyone only forging and not selling. What is your point?
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Thanks for The pool suggestion guys.
What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn? Rough numbers would do more then enough.
Thanks in advance :-)
Edit: Forging for a day, I mean.
in a day = 0 in a week = 0 in a year = 0 in 10 years = 1 Nxt Ouch! I'm a total pos newbie but I was expecting something like 0.1% annual interest or so. This seems something totally different compared to pos coins Jl777 calculated 0.38% per annum currently. That is with a forging pool or big Holdings. The forged blocks with next pos are not proportional distributed. So a 1000 nxt forging will receive less than average
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Sign any message with your wallet to prove it. easy How do you do this? what client do you have, it is different for each one. QT just go to menu and click sign message Hi dear, i using Blockchain.info online wallet. How i can sign any messages from blockchain.info online wallet? go to receive coins then click on the link on the dropdown on the right side of the address you want to sign the address with.
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Sign any message with your wallet to prove it. easy How do you do this? what client do you have, it is different for each one. QT just go to menu and click sign message
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Thanks for The pool suggestion guys.
What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn? Rough numbers would do more then enough.
Thanks in advance :-)
Edit: Forging for a day, I mean.
in a day = 0 in a week = 0 in a year = 0 in 10 years = 1 Nxt
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Sign any message with your wallet to prove it. easy
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Still offering options. Put and Call. Strike and expire date of your choice. European options only.
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NXT-DAC Virtual Corporations on NXT Can anyone give/explain it with a couple of examples for average joe? Thanks! PS: Also, couple of pages back I wrote couple of things about AE, think nobody noticed.. Maybe it was completely nonsense not worth it an answer? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) this is just a small talk thread basically. go over to our real forum an look at the technical subforums ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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also you cant reserve a name. they are non unique
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Guys,
probably a fool question but couldn't find a 100% answer; can you forge with the online wallet? As I cannot install the wallets (I need to keep Java 6 on my PC)
yes, but online wallets always leave some risk. just lease your forging power to a pool.
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