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3001  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 27, 2014, 04:20:11 PM
I'm also back in. Time for upwards departure


this aint bull market, son.

only possible departure is to the sub 500 zone.

Agreed. Now is not the time to buy.
3002  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the deal with Zetacoin? Why are they so passionate? on: March 27, 2014, 01:48:57 PM
So, you're 6 months in and don't even have a working android wallet?
3003  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - The First Fairly Distributed coin. New exchanges added! on: March 27, 2014, 02:18:00 AM
We need to keep up the votes on MintPal. We're #2!
3004  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: March 26, 2014, 07:21:38 PM
My defintion of "Soon" is about 6 month or max 1 year, bitcoin will go to 4-5 usd.
Again, you are full of ..it.  NO THEY WON'T!

Because I will buy them at $6.

It has long been known,

Before 4 months, 99% of people said, If the bitcoin price falls to 900 usd,"I will buy all"
Where are these people ?
Why are they lying ?

These people they took a lot of money and go to another job (billions of dollars),
Now these people are not interested in bitcoin.
Lol that's not true

Yes it is true.

Agreed. I've been hearing it since 2011. "If price ever drops to X, I'm going all in!" Price drops to X, no one buys, price falls further.
3005  Economy / Speculation / Re: IRS Ruling = Floodgates Open for Wall Street? on: March 26, 2014, 07:00:13 PM
Maybe I shouldn't be so surprised to see people applauding this news. It's good clarification to "investors" and speculators, but it's a serious blow to BTC as a currency. How likely is it that businesses are going to want to accept BTC if they have to 1099 every person who pays in BTC? How likely is it that the average Joe will want to use BTC to buy a cup of coffee when he knows that he has to claim it on his taxes?

Maybe 1099s aren't required now, but that's where this is all going.
3006  Alternate cryptocurrencies / Altcoin Discussion / Re: STOP using CRYPTORUSH asap: Insane, Lying CRAP EXCHANGE. withdraw coins! on: March 26, 2014, 02:20:25 PM
read this!!
http://pastebin.com/2dPXmGvR

[17:11] <@fyrstikken> now they have to do a follow up when we release good news later Smiley
[17:11] <@pianowarrior> hahaha
[17:12] <HerrKaiser> so, there will be good news?
[17:12] <yingsta> says 1 billion but means 1mil
[17:13] <@fyrstikken> I hope LaZ sleeps well and is not too scared about the media-rush Im doing these days, but I need more customers to the exchange and more miners and when this BlackCoin thing happen - I ordered full publicity about it to use it for what it was worth
[17:13] <yingsta> makes ppl say what? and click on article
[17:13] <@fyrstikken> yes
[17:13] <@Exel9> What the hell happen to peoples they look like possessed by the devil
[17:13] <@fyrstikken> next article will be "Bitcoin exchange refund its users" or something like that
[17:13] <@Exel9> doing crazy just for fews coins
[17:14] <@fyrstikken> hehe yes, its the love of item
[17:14] <@Exel9> they can't wait and see the final conclusion 
[17:14] <@fyrstikken> I totally understand their frustration, but they should not be afraid
[17:14] <@Exel9> yeah , but is over reacting
[17:14] <HerrKaiser> fyrstikken: well you have crashed crs with it, i hope that the good news will be enough to recover from this disastrous state
[17:14] <@Exel9> there is no understanding
[17:15] <@fyrstikken> HerrKaiser, you realize that I can now buy back the shares I sold for half price?
[17:15] <@fyrstikken> and the revenue it generates is a superb revenue
[17:16] <@fyrstikken> I just bought 50K shares
[17:16] <@fyrstikken> for almost nothing - all based on a smokescreen from BlackCoin
[17:16] <HerrKaiser> well, it's your business
[17:17] <HerrKaiser> have to catch the train, bye!
[17:17] <@fyrstikken> ok
[17:17] * HerrKaiser (eric.thomps@5403CD71.catv.pool.telekom.hu) Quit (Quit: )
[17:20] <mixan> care toborrow me some btc haha i will buy shares for everything

Very interesting!!

Very interesting indeed. I wonder how many other crypto exchanges are owned by market manipulators?
3007  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICN] iCoin - IPO for Mintpal votes, N-Scrypt Testing Underway on: March 26, 2014, 01:37:49 PM
If you have any coins in cryptorush, try to get them out ASAP.

http://pastebin.com/eLkPxLWi
3008  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad - Multi Algo - SHA or Scrypt or Qubit or Skein or Groestl on: March 25, 2014, 01:28:18 AM
Quote from: hammerbrain link=topic=483515.msg5875328#Maymsg5875328 date=1395677688

This is a great read for anyone interested in MYR.
It's on the Reddit page, but I thought I'd post it here.


A case for a multiple, concurrent, proof-of-work algorithm fork of Bitcoin:


https://www.dropbox.com/s/ho0gtsbbwqbg2l0/Myriadcoin%20-%20A%20case%20for%20a%20multiple%2C%20concurrent%2C%20proof-of-work%20algorithm%20fork%20of%20Bitcoin..rtf

I'm not convinced. Throwing out a bunch of algorithms may bring in a few more miners, but that doesn't explain how myriad will rival the network effect of bitcoin, or even doge  for that matter.
3009  Alternate cryptocurrencies / Announcements (Altcoins) / Re: •[ANN]•[GHC] Ghostcoin | Energy Efficient | Unique | Fast | POS/POW Hybrid | on: March 24, 2014, 02:56:52 AM
The major liability for this coin is the dev.  He's basically been AWOL since launch.
3010  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad - Multi Algo - SHA or Scrypt or Qubit or Skein or Groestl on: March 23, 2014, 02:48:35 PM
Settings for a 6670 on Groestl?

Currently using -I 14 -g 4 -w 64 and getting 1.7Mh/s


That's gonna be the max for a 6670.
3011  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [Rt2] ·rotoCoin· [1%IPO][DGW][N-Factor] · 288k Only - Launched! on: March 22, 2014, 01:33:46 AM
Quite possibly the worst launch I've ever seen.
3012  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [Rt2] ·rotoCoin· [1%IPO][DGW][N-Factor] · 288k Only - Launched! on: March 22, 2014, 01:26:17 AM
Is it just me, or does the windows password not work?
3013  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [Rt2] ·rotoCoin· [1%IPO][DGW][N-Factor] · 288k Only - [Launch 3/22] on: March 22, 2014, 01:01:03 AM
ROTO< You picked a bad day after two failed coin launches your the third.

WHY FUCK WITH STUFF AT THE LAST MINUTE?




It's mindblowing, really. Especially the ones that announce many days before launch. So much time to test/prepare...
Really? I thought I was dealing with PRO's!

It's launch time when you get to see how professional a coin team really is. Now at least we know these guys are a bunch of amateurs.
3014  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [Rt2] ·rotoCoin· [1%IPO][DGW][N-Factor] · 288k Only - [Launch 3/22] on: March 22, 2014, 12:32:27 AM
Over 30 min. late? Officially a fail launch.
3015  Alternate cryptocurrencies / Altcoin Discussion / Re: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution on: March 21, 2014, 05:14:26 PM
Lets start with OP's own shitcoin, globalcoin.
3016  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Datacoin] Datacoin blockchain start announcement (Minor code upd + logo) on: March 21, 2014, 04:12:31 PM
I think 'prime' proof-of-work is interesting, but that it will ultimately result in an economic failure for data storage.

I'd like to propose a gradual (but requiring a hard-fork) upgrade to 'proof of data' which would just be to find sha 256 hash of the required difficulty *over the entire blockchain*. This basically means your hash rate is proportional to how fast you can read the blockchain off disk (or you keep it in memory)
This approach to Proof of Storage (or Proof of data) could be interesting, I am not sure if I get your idea. Do you mean hashing data chunks until you find a hash with the target difficulty ?

What I wonder is if we're thinking of the same thing, and by the time I get done optimizing proof-of-data if it ends up being very similiar to your concept.. Or is there some paper on proof-of-resource you can link me to?
Also wondering what @super3 means by "new proof of resource algorithms", never heard about this term before.

About doing a new coin or hard-forking DTC. First of all consider the fact that the original Datacoin developer _seems_ to have disappeared so whoever proposes a hard fork (and the community accepts it, which I am sure it will) would also be in charge of maintaining the original code base (this could be a pain). Also, there are some issues with Datacoin when blocks are full of data (it should be tested more thoroughly).

One drawback of creating a new coins is that most of them have low credibility and getting exposure is harder every day. Also with a new coin you would loose the current Datacoin community, although small, the community is focused on the new features.

What I would do is :
- Create a new fork of a well maintained chain (Bitcoin, Litecoin, ...).
- Add new features.
- Propose the Datacoin holders to invest in the new coin through a Proof-of-Burn (essentially you destroy Datacoins and get NewCoins), this way you will give some value to Datacoin and at the same time you will get the part of the community interested in your coin. After the PoB, the NewCoins are distributed among the addresses that burned DTC with a premine for the total of DTC burned (or whatever ratio is fair) which will be distributed to the new holders.
- Set up some marketing strategy, services, pools, whatever ...
- Launch the newcoin.

Anyway the most important part are the new features and that's where the details are missing at the moment. Proof of Storage is definately possible but I have yet to see a working proof of concept, super3 ?
BTW, I would love to get involved in this in some way.

My 2 mBTC

EDIT: I assumed everybody does know what ProofOfBurn is which may not be true. You send DTC to an unspendable address (a valid address with an unknown private key), see the Counterparty thread here at BTCtalk for an explanation. I believe this is one of the most fair distribution systems. Also Datacoin would recover since it has an infinite supply.

That sounds like a good plan as well. It would be nice if the Datacoin name and branding could carry over though. Even if the DTC community is small, it's still a very well known coin amongst the larger crypto community
3017  Alternate cryptocurrencies / Altcoin Discussion / Re: P2POOL trust issues ? on: March 21, 2014, 04:01:54 PM
I use P2pools where I can. The average payout is supposed to be significantly higher than MPOS. This nice thing about MPOS though, is the ability to see my different workers, receive notifications, estimated earnings, and other fancy things that you can't get with MPOS.
3018  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad - Multi Algo - SHA or Scrypt or Qubit or Skein or Groestl on: March 21, 2014, 03:51:07 PM
is there any option of mining Myriad via Skein or Groestl?

Myriad is keccak mineable only  Undecided
3019  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad - Multi Algo - SHA or Scrypt or Qubit or Skein or Groestl on: March 21, 2014, 01:45:53 PM
Groestl on a 6950, tried for the heck of it...pretty damn cool :p 10mh/s without any tweaking.

god damn ... and I was proud when I got my 280xs to push 10mh ...

Groestl is basically just for 5XXX and 6XXX cards. My old ass 5850s easily get 7+ MH.
3020  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad - Multi Algo - SHA or Scrypt or Qubit or Skein or Groestl on: March 21, 2014, 02:30:06 AM
Is anyone CPU mining?
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