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There was 2 days in the last 10 days that were even close to be nearly the same. Hmm 1.3% error...
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snip
The fact that it's so easy to lose your money is a significant hindrance to adoption. If we can't come up with a better way to solve this problem then Bitcoin will be stuck in a niche: it's too difficult for most people to handle. You call yourself FiatKiller... If that's really your goal then this isn't just a big deal, it's the whole game. Even if you're just an investor then widespread utility and public confidence will give you far more benefit than you'll see from a small reduction in the money supply.
I haven't heard back from the OP but I hope he recovered his wallet. Otherwise he's just another statistic, and that's not good for any of us.
My mom is in the same position as OP. Mine are safely in cold storage/paper wallet. Wanted to do the same for my mom who bought a long time ago, but we can't move them from her QT because the password she wrote down is ambiguous. Some things looks like they could be 1s or ls or Is etc. Hope you respond to my PM asking for help. Thanks try some quick and dirty things: activate capslock and enter the password. switch to another keyboard layout and enter the password (en -> de for example) Thank you. I did try this to no avail. I wish bitcoin-qt had an option to "show password" as many people have said. Hmm. For exactely this reason, I am only using Keepass 2 and copy paste everything directly out of the database. So this can never happen again. Must be so horrible to have this happen to oneself  |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. If i kept every bitcoin that I had , when I had the most, I would have >1mUSD at todays prices. Sucks but yeah, I made a concious decision to hedge my risks back then. Hah, yeah. It's a bit worse for the people who just lost them due to not caring as they weren't valuable at all, now realizing they'd be millionaires. Well, then thing is, they never invested real money. So it is no that sad actually. Like the guy that had 10000 BTC on a harddrive that he mined 5 years ago on a laptop and then the harddrive ended up on the wasteplant. Not much investment right there, but sure it sucks to lose out on so much money  Ah yeah. I've also had the policy to not invest any of my own money into bitcoins. I can't afford unsafe investments, even tho I'm fully aware I might regret it in 5 years. This hugely depends on your personal finances. If you have disposable income, why not throw 5% of that into a high risk/high reward investment. The upside is huge and the downside is limited to -100%. If you are also young , then this sounds like a snapcall to me. (It was for me). But be sure to not be emotional about it, and make decisions on fundametials , not panic and price.!!! |
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I too support ending IPO. Lets make 20th April a deadline.
We say to the end of the week ending date of IPO This sounds good! Do you have a rough ETA on the launch of openBETA or launch? We do have a rough estimation, but not to create panic or other emotional distress we will stick to the plan and will announce it on april 20th! Stay tuned as we have a lot coming! Fair enough. I don't like deadlines either when the code isn't even finished! |
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Well, he also played with some virtual money accidentally credited to his account.
He lost that money, which is not much different from not getting it in the first place.
Still, you might consider he owes that money to the site anyway, since technically he actually played and lost it.
He claims that someone else played it without his permission. But let's not go digging all this up again, eh?  Haha good ol' memories  |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. If i kept every bitcoin that I had , when I had the most, I would have >1mUSD at todays prices. Sucks but yeah, I made a concious decision to hedge my risks back then. Hah, yeah. It's a bit worse for the people who just lost them due to not caring as they weren't valuable at all, now realizing they'd be millionaires. Well, then thing is, they never invested real money. So it is no that sad actually. Like the guy that had 10000 BTC on a harddrive that he mined 5 years ago on a laptop and then the harddrive ended up on the wasteplant. Not much investment right there, but sure it sucks to lose out on so much money |
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There's no solid evidence that PoS is the way to go. PoS has been out for ages and NxT & Peercoin never dethrone LTC.
I think PoS is the better alternative over Proof of work, for a number of reasons. Firstly, Bitcoin is in some respects, reasonably popular - yet ridiculously difficult to mine. If it ever achieved more widespread adoption, mining would be pointless for the average individual; and mostly in the hands of large corporations who mine or manufacturer's who make mining hardware. This hardly backs up it's "Decentralized" claim. Nevermind that, but as difficulty increases, so does electricity consumption. Even now we see huge farms mining Bitcoin that consume vast amounts of electricity. On a wider scale, Bitcoin would consume vast sums of energy - this to me, makes PoW unsustainable, especially in the long term if it's ever to have wider aspirations (ie; worldwide adoption). As a result, i went to PoS. I see more of a future in PoS than PoW. The difference is PoS needs to have the right start, i believe NEM has. #### Also I bet if NEM implements something like POW many people would be pissed. Because the promise was clearly 2.0 currency based on POS. |
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snip
The fact that it's so easy to lose your money is a significant hindrance to adoption. If we can't come up with a better way to solve this problem then Bitcoin will be stuck in a niche: it's too difficult for most people to handle. You call yourself FiatKiller... If that's really your goal then this isn't just a big deal, it's the whole game. Even if you're just an investor then widespread utility and public confidence will give you far more benefit than you'll see from a small reduction in the money supply.
I haven't heard back from the OP but I hope he recovered his wallet. Otherwise he's just another statistic, and that's not good for any of us.
My mom is in the same position as OP. Mine are safely in cold storage/paper wallet. Wanted to do the same for my mom who bought a long time ago, but we can't move them from her QT because the password she wrote down is ambiguous. Some things looks like they could be 1s or ls or Is etc. Hope you respond to my PM asking for help. Thanks try some quick and dirty things: activate capslock and enter the password. switch to another keyboard layout and enter the password (en -> de for example) |
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Bought 200BTC at $18 more then a year ago, sold it for $80 thinking I made HUGE profit, classic screwup but who would know it would go to $1100
Just like for everyone else thats the tricky part. You can't predict what's gonna happen. In my opinion you still made a good deal, although not optimal at all. If i kept every bitcoin that I had , when I had the most, I would have >1mUSD at todays prices. Sucks but yeah, I made a concious decision to hedge my risks back then. |
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I too support ending IPO. Lets make 20th April a deadline.
We say to the end of the week ending date of IPO This sounds good! Do you have a rough ETA on the launch of openBETA or launch? |
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There is now 1,200,000,000 NAS in the dgex account. Talk about redistribution right there! With NXT bter had at the biggest time 77 million NXT in their account, so 7,7%. We got 12% now and it is rising fast. This is very good for the coin and its distribution |
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335 claims in the giveaway. I have sent everything. If someone DIDN't receive his coins. Send another PM |
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Well ... what is going on @NXT-E ?? To reduce the potential risk of attack, the trades of NAS/BTC or NAS/NXT will be put on hold for 24 hours. This restrain may be removed later Do you know something about does: attacks? And... I hope they will unfreeze it sooner than later... This was posted yesterday too. Dunno really. Maybe somebody that trades there could contact the support? When NAS will be traded on Bter? I really want it to happen Many people wrote them I guess. I did so 1 week ago. Lets see what happens. We can't push them, but they add new coins regularly! |
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UPDATE:
If you want to get 50% more, you can mention NAScoin and link to nascoin.org or this thread in a social media post (facebook, reddit, twitter or else). Just send the link to your posting in your PM too.
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Well ... what is going on @NXT-E ?? To reduce the potential risk of attack, the trades of NAS/BTC or NAS/NXT will be put on hold for 24 hours. This restrain may be removed later Do you know something about does: attacks? And... I hope they will unfreeze it sooner than later... This was posted yesterday too. Dunno really. Maybe somebody that trades there could contact the support? |
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Personally I though the concept of an initial mining period followed by 100% POS was a good idea (Mint tried this but their value leaves something to be desired at the moment.) They did like a 5-week mining period which I think is too short. But mint also has too many coins IMO, 70bil is really pushing it.
What about 6 months of mining then 100% POS? And maybe like, 50-100mill coins max?
This coin already exists: Peercoin http://www.peercoin.net/Its called hybrid POW/POS. But peercoin has still flaws with selfish POS mining (Hint: you can forge on every fork, to maximise EV) |
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If the distribution is the biggest attack point of a coin, then I think this coin is doing just fine Look at fiat currencies, about 90% are owned by top banks and national banks! 90% of btc are owned by <1% of BTC holders. I think the "You had one job" meme applies here Just to clarify again, I learned about this coin about 1.5 week ago. So 3 days after the launch (ok i saw the IPO but thought it was a scam). |
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