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2701  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [WTS] Bottlecaps!!! (BOT) on: June 29, 2013, 01:33:53 AM
Ill give you  -5 LTC, yes, youll have to give me 5 ltc to take them from you, this is probably the best deal youll get for this shit...

I up (down) bid this to -10LTC
2702  Alternate cryptocurrencies / Altcoin Discussion / Re: a billion flavors of altcoin vs a true electronic currency on: June 29, 2013, 01:31:17 AM
don't worry so much

people are trusting in the maths

an the shear number of altcoins will evolve something that works.

UN coin or whatever would just be broken over the back of maths based coins, every time.

Who is going to buy into UN coin, when it can be devalued, taxed, and seized at anytime by central govs.

Any such introduction would just see BTC et. al shoot up.
2703  Alternate cryptocurrencies / Altcoin Discussion / Re: [Experiment] Abstract Coin 0.3.0 on: June 29, 2013, 12:56:50 AM
so our market cap now it

10000/250 *10k dvc

=400K

dvc

which is about 0.3 BTC?


ok I will buy 100u  ABS for 1 LTC, however I want to be able to buy for low ltc fees, which I don't think can be done right now.
2704  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] XRP Launch on: June 28, 2013, 11:45:04 PM
I have not said XRP is a scam, also I have some XRP, but,  I never had it free had to buy it!!!

Maybe you can help me with this property I need to dump. I mean, how many bridges does a guy need anyway?

Seriously? I thought only certain banking VCs bought Ripple because they hate poor people.

I probably worded that wrong, let me try again


This thread is not about whether ripple/xrp is a scam, per se. Rather it is to prepare the a place for the code to go. This may bring the issue to a head faster.

The results of this may shed more light on the true nature of ripple. The result maybe to show XRP's true nature faster.

I have started a similar thread in the ripple forum

https://ripple.com/forum/viewtopic.php?f=1&t=3342&p=14506#p14483
2705  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] XRP Launch on: June 28, 2013, 11:34:12 PM
XRP has already been really good to me in that I got it free...and now it's worth several thousand USD.  Scam or not...lots of people making money with it already.

I have not said XRP is a scam, also I have some XRP, but,  I never had it free had to buy it!!!
2706  Alternate cryptocurrencies / Altcoin Discussion / Re: [Experiment] Abstract Coin 0.3.0 on: June 28, 2013, 11:42:21 AM
Darktongue(260uAC) = Wallet[ACLEZ37|Darktongue->SendAbstractCoins(ACN1KKE1|Praxis ,  250 );
confirmed;

Glad to do business with you! Am I the first person to have bought abstract currency with crypto-currency?  Cheesy

I think you are
2707  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] XRP Launch on: June 28, 2013, 08:38:02 AM
I wonder which open source license it will be released under?

some open source is more open source than others!

1984 + 30
2708  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] XRP Launch on: June 28, 2013, 05:05:04 AM
My bet is that they will publish the source code for the public, but will not allow to be used by anyone without their written permission.
in other words, I believe they have been busy filing patents to protect their work. Good luck to anyone waiting for the release to make a clone. My bet is that you will be required to pay royalties if you want to make a clone of XRP. But who know, maybe I'm wrong.

you could be right, but this may force their hand, as OpenCoin is very reluctant to reveal exactly where they stand with the XRP trademark etc.

2709  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] XRP Launch on: June 28, 2013, 04:46:37 AM
Reserved
2710  Alternate cryptocurrencies / Altcoin Discussion / [ANN] [CSD] 1st Offical Open Source XRP FORK "Cascade" on: June 28, 2013, 04:46:20 AM
BUMPING THREAD AS RIPPLE JUST WENT LIVE Sorry NWO your about 3 months late from first, but we can merge threads or something

Cascade

Reserving this for when RIPPLE goes open source, I or whoever else wants to/can launch the XRP [clone] and can use this thread

- Devs
- Designers
- Promoters

Specs:

- Ripple clone with no premine, but some reward as to funding will be offered / considered, as this allows early infrastucutre and deving to be expedited
- seeders
- Mobile app for on the go payments
-?.?.?.?
-Profit

Release:

TBA

budget: 20 BTC for devs etc


If your interested in joining this project/idea, post in the thread.

I think we will have plenty of planing time as we could be waiting a while for XRP open source release.

Edit 1
I also have the repo "XRP" at github.
https://github.com/XRP

Edit 2
same thread in ripple forum.
https://ripple.com/forum/viewtopic.php?f=1&t=3342&p=14506#p14483



2711  Economy / Speculation / Re: $5000+ bitcoin? on: June 27, 2013, 12:42:45 AM
Scaling isn't the only issue with bitcoin going mainstream.  I think the scalability issue is a solvable problem.  It's not trivial, but it's solvable.  I do kind of wish that people would stop coming up with proposals to stuff more things into the blockchain though since that's only going to make the scalability problem harder if it becomes a way of trading stock as well (as has been suggested).

To me, the harder problem is security.  I'm a geek and I think especially with Armory, I can handle securing my bitcoins.  I suspect 90% of the Bitcoin userbase right now are people who are also geeks and could solve this problem on their own.  But when it goes mainstream and random people who aren't geeks and don't think about security will need to be able to have security somehow too.  Ironically, the easiest way of solving this problem is for these people to store their bitcoins in either an online wallet or a bitcoin bank.  Which, of course, just shifts the security problem from the people holding the wallet to the banks or companies with the case of Coinbase.

Yes. I use Armory as well and although it is good software, it does demonstrate that securing bitcoins is going to be a big problem for most people. I think there are hardware wallets being designed that are offline until needed when they can safely plug into a computer like a usb drive. I am optimistic about this area because it does not tinker with core Bitcoin software like the blockchain optimizations. As market-share of Bitcoin increases there will be larger companies working on consumer components to make bitcoin management seamless and secure.



its amazing that it takes 'geek' to be able to understand this and is a testament to how dumb-ed down the general population is, either that or we are underestmating them

It not that hard to keep BTC secured. Just priv key and address + some form or encryption eg truecrypt and your done.
if you you want cold gap's then signed transactions.

I have found electrum to be excellent so far...worry abit about the 128 bit seed/deterministic though, rather than the 256, or even 512 should be used imho
2712  Economy / Service Discussion / Re: is this Zhou Tong's new business? on: June 26, 2013, 12:03:41 PM
"Ryan (Zhou) is a veteran entrepreneur and Bitcoin guru. Technically and commercially adept, he’s founded several successful startups and remains a prominent figure in the Bitcoin community."

Nothing about stolen coin and that fucked up exchange of his? Amazing! Send those bozos all your coin. NOW!
Zhou Tong make you verrry rich fast! Many dolla fast, you rich!


nah they have another coder

Doesn't matter, if your CFO is a crook and serial liar.

point.
2713  Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California on: June 26, 2013, 08:36:28 AM
Quote
Whats the big effing deal? The notice says "MAY be involved..." Bitcoin foundation is clearly not a money transmitter. The notice requests a response, which I am sure the Bitcoin foundation will no doubt easily provide. Case closed. Nothing to see here.

What if a small business without access to counsel receives such a notice? This is government bullying and is a big deal.

I feel like the BTC Foundation could easily defend this in court without a trial lawyer...

The man who defends himself in court has a fool for a lawyer.

nope not always
2714  Economy / Service Discussion / Re: is this Zhou Tong's new business? on: June 26, 2013, 08:34:14 AM
"Ryan (Zhou) is a veteran entrepreneur and Bitcoin guru. Technically and commercially adept, he’s founded several successful startups and remains a prominent figure in the Bitcoin community."

Nothing about stolen coin and that fucked up exchange of his? Amazing! Send those bozos all your coin. NOW!
Zhou Tong make you verrry rich fast! Many dolla fast, you rich!


nah they have another coder
2715  Economy / Speculation / Re: We going back to $30 on: June 26, 2013, 06:37:34 AM
I predict a bottoming out of the latest downtrend at around 50-80 followed by a return to at or near 100.  That will be followed by a slow grind down to 10-30 dollars and then a rebound to 30-50 that will be maintained for months or years (assuming BTC is not being supplanted by a superior coin, if that happens I see single dollar values).

Remember long term sustainable prices are dictated by the amount of dollars willing to CONTINUOUSLY flow into purchase of new coins, 30 dollars represents the original bubble price adjusted for the new 25 coin block rewards.  120 dollars would have required a half million dollars a day to sustain which is far more then could be asked of the current user base.

not quite, as more people accept BTC for work and goods, it attains an intrinsic value, independent of being pegged to the USDother currencies, and we are only at the very beginning of this


why 1/2 mill a day?...a lot of people wear the cost of production, seigniorage for later percived gains

I think the $100 floor will be hit in 6-5 months max
2716  Economy / Service Discussion / is this Zhou Tong's new business? on: June 26, 2013, 05:02:35 AM
https://coinjar.io/about

this is Zhou right?

anyway they seem to offer good rates....(I wonder....where those good rate)

sorry if slowpoke.jpg
2717  Economy / Speculation / So HBen indicates QE may ease up, what does speculation thinK? on: June 25, 2013, 04:48:31 AM
[1] Is this a ruse,
[2]does it effect anything,
[3]does it not matter as some other financial collapse somewhere must happen due to mismanagement

My view is gov's are so out of market discipline via tax base that it guarantees colossal fk ups that can only get bigger as time goes on.

BTC is the rod of reproof and it shall drive foolishness far from them

(them = gov, and most people who have no idea about FIAT, FRB, CCR's etc)
2718  Economy / Service Discussion / Re: Coinmkt http://coinmkt.com/#/, what have you heard, vol > gox or btce? on: June 25, 2013, 04:39:20 AM
We think there's a huge demand for USD to enter the cryptocurrency market, and we're dedicated to solving that issue and working through the regulation hurdles.

We're of course also very interested in operating internationally in places like Asia, South America, and Europe, so we'll be working to operate wherever we're welcome to do business in a compliant and legal way.

my understanding is you don't have to be in the US to meet the huge demand for USD, eg a good portion of USD is not in the US in the first instance and there are so may banks, institutions, market, mechanisims etc, that can get USD of of the US at min cost.

where does this need to be in the US logic, I mean given you need to comply with 50 different states legislation, plus fed, and even thats confused, it has to be easier to operate outside of the US.

look at apple store, they suck out billions in USD and are set up in Ireland, on the largest legit tax minimization scheme ever and the USA can do nothing about it.

2719  Economy / Service Discussion / Re: Coinmkt http://coinmkt.com/#/, what have you heard, vol > gox or btce? on: June 24, 2013, 11:57:13 PM
Hey All,

Travis from Coin Market here.

We're currently in private testing with regards to our trade engine. And yes we'll have SSL encryption, distributed & decentralized web services to protect against DDOS, and other measures to help us ward off attackers. We plan on launching Coin Market in public beta in mid-July, and we're doing some PR in conjunction with the Bitcoin Conference in NYC on July 30.

http://www.mediabistro.com/insidebitcoins/

Send us any typos - support@coinmkt.com , we'd love to correct them Smiley

Right now we're working on compliance with US regulators, as our main goal is supporting USD => crypto, and as I'm sure you know, the US govt. isn't it making it easy to do business in BTC, unfortunately.

Signup on our website, we'll be sending out a newsletter shortly detailing the launch. Thanks!

http://coinmkt.com

hi! welcome

why would you operate in the US and not say China, or somewhere more friendly to cryptos,

also my proof readings.....for BTC!

2720  Bitcoin / Development & Technical Discussion / Re: What if the devs are ordered by a US judge to include a government backdoor? on: June 24, 2013, 03:21:44 PM
This is very relevant to this thread:

  Open-source Governance in Bitcoin
  https://freedom-to-tinker.com/blog/felten/open-source-governance-in-bitcoin/




not sure this guy understand bitcoin, eg I skim read his paper
http://www.weis2013.econinfosec.org/papers/KrollDaveyFeltenWEIS2013.pdf

as he appears to completely miss the re-target function of bit coin to make it easier to mine if hash leaves,

he also fails to make connection that specialization by asic miners does not equal distribution increase, in fact, quite the opposite ,eg now we are seeing usb miners, and one person noted that almost any heat producing need could also be mining.

more complex computer chips has been coupled with more uptake.

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