Bitcoin Forum
May 28, 2024, 04:53:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 »
321  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KTK] KryptKoin | NEW Krypteer FIAT/KTK Trading | Marketplace KTK - BTC - STRIPE on: May 09, 2015, 01:36:31 PM
wow...  Grin
https://bittrex.com/Market/Index?MarketName=BTC-KTK
322  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KTK] KryptKoin | NEW Krypteer FIAT/KTK Trading | Marketplace KTK - BTC - STRIPE on: May 09, 2015, 10:17:08 AM
 Angry

I don't sell KTK. I will keep KTK. Because! KTK the unique coin of the future keeps on growing AND i like KTK  Grin
 Angry
323  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KTK] KryptKoin | NEW Krypteer FIAT/KTK Trading | Marketplace KTK - BTC - STRIPE on: May 09, 2015, 09:40:36 AM
 Grin
https://c-cex.com/?id=vote

324  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KTK] KryptKoin | NEW Krypteer FIAT/KTK Trading | Marketplace KTK - BTC - STRIPE on: May 09, 2015, 02:06:37 AM


Download....

 Grin


325  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KTK] KryptKoin | NEW Krypteer FIAT/KTK Trading | Marketplace KTK - BTC - STRIPE on: May 08, 2015, 01:52:07 PM
@TonySon: RT done.
The more exchanges the better. KTK has been on Bittrex only for too long.
Ok, thanks
I don't sell KTK. I will keep KTK. Because! KTK the unique coin of the future keeps on growing AND i like KTK

Wow... Dev is working on Paypal addition


326  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KTK] KryptKoin | NEW Krypteer FIAT/KTK Trading | Marketplace KTK - BTC - STRIPE on: May 08, 2015, 01:34:21 PM
Hi DEV!
What do you think about try add KTK to poloniex and cryptsy ?
327  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KTK] KryptKoin | NEW Krypteer FIAT/KTK Trading | Marketplace KTK - BTC - STRIPE on: May 08, 2015, 01:31:32 PM
Who are They  Huh

thanks
regard
TonySon

www.kryptly.com - Market place for digital product, currently accepts: BTC, Doge, KTK and Stripe payments, Dev is working on Paypal addition.

www.krypteer.com - Local KTK trading site with over 50 payment methods.

Have a look Wink

thank you very much.
328  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KTK] KryptKoin | NEW Krypteer FIAT/KTK Trading | Marketplace KTK - BTC - STRIPE on: May 08, 2015, 01:11:26 PM
Who are They  Huh

thanks
regard
TonySon
329  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KTK] KryptKoin | NEW Krypteer FIAT/KTK Trading | Marketplace KTK - BTC - STRIPE on: May 08, 2015, 01:03:17 PM
The crypto identity of KrpytKoin and possible dev team members remains unknown.
Who are They?
Courtesy of KryptKoin

KTK Accepted: KVghQgwZxGyqdCr31BPhfYK1EdgePaQNCP

KryptKoin is a next generation cryptocurrency with an unique fair distribution concept of stake distribution.  The pre-announcement was launched on May 12th, 2014 with the intent of fair distribution of a total of 500 stakes in 2 distribution phases.  The open source software and coin distribution was launched on May 21st, 2014 by fully anonymous member of Bitcointalk.org by the name of KryptKoin  Huh, created on April 23rd, 2014.  The crypto identity of KrpytKoin and possible dev team members remains unknown.  Also missing is the background information of the dev and purpose for the creation of the coin, which one can only assume the purpose would be up to the community members themselves.

KryptKoin is an innovative altcoin that has the Scrypt proof of work algorithm and with a 30 second block timer.  There is a total of 17,000,000 coins with block maturity rate of 50 and is a fully operational proof of stake coin with a 7% annual interest rate after a 3 hour coin maturity age.  However, the max age is 30 days although as a cryptocurrency it is preferable for you to move your coins around and purchase goods and services as intended.
The concept behind KryptKoin is based on community support as the dev also received a fair distributed share of 1 stake just like the rest of the 499 stakeholders.  Unlike many scam coins or possible scam coins, there is no premine or initial public offering of coins, which makes the launch fair for everyone to mine their share of coins through proof of stake.  As a result, the initial costs and continued costs are being covered from a community donation fund otherwise there are no paid bounties for promotional and development purposes.  The KryptKoin's community members have bonded together to form a community team to help spread the word about KryptKoin for further development of their technology.

With the community's support, KryptKoin was able to launch their very own multipool with pay out in KTK with proof of work algorithm mining capabilities in Scrypt, SHA256, X11, X13, X15, Scrypt-N and Keccak.  For every 1 KTK earned from the multipool, 5% of the earning will be donated to the donation fund.  To encourage mining hash power to the multipool, KryptKoin is promoting a ASIC Scrypt miner rig giveaway to lucky users of their multipool.  The requirement is to mine at least 12 hours, which makes this an opportunity for lower hash powered users to increase their hash power simply by mining to earn an entry in the giveaway.  Clearly, equal opportunity is a concept that the dev cherishes.
KryptKoin is not your typical altcoin because no other altcoin dev would give you a chance to win a material object to help increase your crypto wallet.  There is a promising future for the KryptKoin community, but the only drawback that may deter future investors from buying KTK would be the anonymity of the dev himself  Huh.  If you can ignore the risk of trusting the unknown then you may find KryptKoin to be a long term investment.

Website:  http://kryptkoin.com/
Bitcointalk:  https://bitcointalk.org/index.php?topic=606809.0
Twitter:  https://twitter.com/KryptKoin
Facebook:  https://www.facebook.com/KryptKoin
Google+:  None
Reddit:  http://www.reddit.com/r/KryptKoin
IRC:  None
CoinsSource Trust Index:  None
Proof of Developer:  None

http://allaltnews.blogspot.co.uk/2014/07/kryptkoin-scrypt-based-pure-pos-coin.html
330  Alternate cryptocurrencies / Altcoin Discussion / Re: BitShares Loves Puppies on: April 29, 2015, 05:15:39 AM
How are the updates on the client?  The software you guys released last year was really disappointing.

I know, right, you can't even use bitcoin on the decentralized exchange, you must use their collateralized version of bitcoin called "BitBTC"

In the next version you will be able to import real bitcoins into the BitShares ecosystem (and trade like you are on Mt Gox)(on the secure blockchain or through unsecured external exchanges, it will be your choice)

These completely new bitcoin/BitShares dual integrated stand alone (and web wallet versions) are due for release next month.  You will be able to do many more new and interesting things with your bitcoins with this new wallet than simply sending, receiving, and hoarding (like buying artist coins from Peertracks.com all in one easy step).

https://www.moonstone.io/

Bitcoin wallet evolution in real time:

What's your current favorite bitcoin wallet?  Is it even on the list?

https://bitcointalk.org/index.php?topic=930751.0
thanks
331  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 29, 2015, 04:55:28 AM
Hi joelao95, 111magic  Grin
https://bitcointalk.org/index.php?topic=1041601.0



promote Magi in Vietnam
thanks

Well done TonySon!
You are very active. Thats great to see.
To the Vietnamese community; Welcome in the Magi community!
Proud to be a member of Magi XMG community
thanks  Grin
332  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 29, 2015, 03:23:40 AM
Hi joelao95, 111magic  Grin
https://bitcointalk.org/index.php?topic=1041601.0



promote Magi in Vietnam
thanks
333  Local / Other languages/locations / Re: Việt (Vietnamese) on: April 29, 2015, 02:18:27 AM
Trời ui ! Tui biết về Bitcoin này lâu lắm rồi kể từ năm 2013 tới giờ mà đây là lân đầu tiên tui thấy có nơi để cho tui nói Tiếng Việt thoải mái như thế này nè Trời. Tui dốt tiếng Anh mà cứ phải răn hoài rặn hoài mới ra nổi một chữ . Khổ thân tui ! Muốn kiếm tiền phải khổ thế đấy. Tui thích và mừng quá. Để tui cười một cái cho thật sảng khóa cái coi. Kha kha kha kah kha kha kha ka..............

I think so ....haha  Grin
334  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 29, 2015, 01:28:01 AM
https://www.m-epays.com/

ERR_CONNECTION_REFUSED

why?  Cry
335  Alternate cryptocurrencies / Altcoin Discussion / [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 29, 2015, 01:10:20 AM


     
Freenode IRC: #magi  |   Skype: coin.magi  |   QQ group: 337678945  |   Email: support@coinmagi.org

MagiPub | MagiPay | MagiMining (Discussion) | MagiDev | MagiCampaign(2nd PoM)


Website | Forum | Wallet Downloads | Source code
(wallet version: 1.2.1.1)



Launched on Sep. 15, 5:00 PM EST




         # CPU Miner - Wolf's optimized miner V2 (source code)
           Spexx's compiled package - Download, Beginner package, Speed controller
           NeedIfFindIt's GUI Magi Miner - Auto-adjusting hashrate: 0.9.8 Beta, 0.9.8 Beta (no miners), source code
           Our own compilation: Download from sourceforge
           Running miner in a VPS [linux os]
           Cygwin compilation (windows)
           Compile and run CPU miner on Mac OS
           How to run a minerd

          # m-cpuminer-legacy-v2 (source code)
             This miner (optimized V2) is the same as generic CPU minerd except an additional option flag "-e cpu_efficiency", that allows adjusting cpu efficiency between 1 - 100.
Code:
minerdlegacy -o stratum+tcp://pool_url:pool_port -u pool_user.worker -p password -t thread_numbers -e cpu_efficiency

            Prior miners (NOT recommended) are moved here: https://bitcointalk.org/index.php?topic=735170.msg8825278#msg8825278



[MagiIntro Video] - What is Coin of the Magi?
 

[Donating the magi-project]
XMG: 95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u
BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq
LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC


04/20/2015: 2nd PoM campaign launched; https://bitcointalk.org/index.php?topic=1028548.0
03/06/2015: MagiPay is launched; Standalone Payment Gateway for Coin Magi! https://bitcointalk.org/index.php?topic=735170.msg10683233#msg10683233
03/01/2015: MagiPay launch announcement; https://bitcointalk.org/index.php?topic=735170.msg10617629#msg10617629
02/23/2015: m-face project --> community coin; https://bitcointalk.org/index.php?topic=735170.msg10559436#msg10559436; new members: https://bitcointalk.org/index.php?topic=735170.msg10561397#msg10561397
01/26/2015: Optimized miner; https://bitcointalk.org/index.php?topic=735170.msg10273772#msg10273772
01/04/2015: MagiPay internal tests; https://bitcointalk.org/index.php?topic=735170.msg10039030#msg10039030
12/31: Sharping the PoW rewarding system & updates to make PoS-II the most secure coin so far; https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269
12/28: Magi JSON-RPC libraries for C++ and Node.js; https://bitcointalk.org/index.php?topic=735170.msg9967546#msg9967546
12/20: Some notes; https://bitcointalk.org/index.php?topic=735170.msg9900074#msg9900074
12/03: Preview of MagiPay - standalone payment gateway for Magi; https://bitcointalk.org/index.php?topic=735170.msg9731024#msg9731024
11/12: Magi Multipool; https://bitcointalk.org/index.php?topic=735170.msg9526629#msg9526629
11/11: MagiTeam & roadmap & plans; https://bitcointalk.org/index.php?topic=735170.msg9511891#msg9511891
11/10: Bittrex market is live; https://bittrex.com/Market/?MarketName=BTC-XMG
11/09: Magi-stratum for setting up pools; https://bitcointalk.org/index.php?topic=735170.msg9493680#msg9493680
11/08: Poloniex trading and escrow service; 720,000 XMG burned (93m4hAxmCcGXMfnjVPfNhWSjb69sDziGSY); https://bitcointalk.org/index.php?topic=735170.msg9475622#msg9475622
11/06: Coins Source Trust Index (7/7); https://bitcointalk.org/index.php?topic=735170.msg9460819#msg9460819
10/30: MagiTor and some other updates; https://bitcointalk.org/index.php?topic=735170.msg9378469#msg9378469; Downloads: http://coinmagi.org/files/magi-release/magitor
10/24: Mandatory wallet update [Hardfork] M7M-v2, block rewards, difficulty adjustment - Magi quantum wave (MQW) and PoW-II phase updates; https://bitcointalk.org/index.php?topic=735170.msg9310611#msg9310611
10/17: Enhancing CPU mining: M7M hardfork in testnet 10/17/2014 8:00 PM EST; https://bitcointalk.org/index.php?topic=735170.msg9230961#msg9230961
10/07: Coin swap final: total 227,140 XMG will be used for swap, that is only 0.9% of total supply; swap ratio: 16 old Magicoin => 1 XMG; coins swapped no more than 10% of total XMG in circulation, escrow will be used to hold unswapped coins: https://bitcointalk.org/index.php?topic=821170.msg9190490#msg9190490; unswapped coins (except some bounties we paid, like translation, video, etc) will be destroyed. I believe this is very much a guarantee for the miners/investors.
10/07: PoS-II: https://bitcointalk.org/index.php?topic=735170.msg9121445#msg9121445
          Coming updates & regarding coin swap; https://bitcointalk.org/index.php?topic=735170.msg9111697#msg9111697
10/02: Anyone can lead a MagiCampaign; https://bitcointalk.org/index.php?topic=735170.msg9060955#msg9060955
09/29: Proof of mining campaign; https://bitcointalk.org/index.php?topic=735170.msg9019696#msg9019696
                                                 https://bitcointalk.org/index.php?topic=802681.0
09/28: Releasing MagiPublication (http://arxiv.org/abs/1409.7948), new block rewards explained, statement of future plans; https://bitcointalk.org/index.php?topic=735170.msg9008850#msg9008850
          [Available online] https://bitcointalk.org/index.php?topic=735170.msg9023457#msg9023457
09/26: About the new block reward and more; https://bitcointalk.org/index.php?topic=735170.msg8976083#msg8976083
09/25: Proposal of algo revision, half-closed source code, pool limiting hash; https://bitcointalk.org/index.php?topic=735170.msg8968087#msg8968087
09/24: Initiate coin swap; https://bitcointalk.org/index.php?topic=735170.msg8950501#msg8950501
09/23: Build a solid cpumining network; pls setup FREE VPS; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103
09/21: How does the new block rewarding system look like: fist look; misc (IRC): https://bitcointalk.org/index.php?topic=735170.msg8919460#msg8919460
09/20: Need five pools to support Proof of Mining Campaign; https://bitcointalk.org/index.php?topic=735170.msg8906452#msg8906452
09/20: Mandatory wallet update v1.0.0.2; https://bitcointalk.org/index.php?topic=735170.msg8898198#msg8898198
09/19: MagiPlans and more info; https://bitcointalk.org/index.php?topic=735170.msg8892210#msg8892210
09/19: An potential adjustment of block rewards - diff; https://bitcointalk.org/index.php?topic=735170.msg8884670#msg8884670
09/18: Urgent, please repond; https://bitcointalk.org/index.php?topic=735170.msg8878920#msg8878920
09/16: XMG needed for bounties (translation); https://bitcointalk.org/index.php?topic=735170.msg8851642#msg8851642
09/16: A short summary and an issue to be resolved; https://bitcointalk.org/index.php?topic=735170.msg8845155#msg8845155
09/13: Mining test before launch; https://bitcointalk.org/index.php?topic=735170.msg8824996#msg8824996
09/13: A guide for VPS mining; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103
09/10: OP & coin distribution review; https://bitcointalk.org/index.php?topic=735170.msg8755719#msg8755719
09/07: About CPU PoW algorithm; https://bitcointalk.org/index.php?topic=735170.msg8716805#msg8716805
09/04: Miners, possible M7-N algo; https://bitcointalk.org/index.php?topic=735170.msg8680640#msg8680640
08/30: 2nd testnet; https://bitcointalk.org/index.php?topic=735170.msg8593208#msg8593208
08/25: cpu&gpu miners ported; cudaminer needs test though: https://bitcointalk.org/index.php?topic=735170.msg8533387#msg8533387
https://github.com/magi-project
08/23: CPU miner is ready for 2nd test: https://bitcointalk.org/index.php?topic=735170.msg8499202#msg8499202
08/21: we got an issue, will fix and run the testnet again: https://bitcointalk.org/index.php?topic=735170.msg8463488#msg8463488
08/20 (PoS-II): https://bitcointalk.org/index.php?topic=735170.msg8453963#msg8453963
08/18: 1st testnet; https://bitcointalk.org/index.php?topic=735170.msg8427923#msg8427923





03/13/2015: Light Splasher Graphics: http://www.lightsplasher.com/2015/magi-coin-review/
03/07/2015: Crypto Mining Blog: http://cryptomining-blog.com/4491-cpu-mining-the-coin-magi-xmg-what-can-you-expect/
03/02/2015: Crypto Mining Blog: http://cryptomining-blog.com/4459-are-you-looking-for-a-cpu-crypto-coin-try-coin-magi-xmg/
02/24/2015: 24/7 Cryptonews: http://247cryptonews.com/coin-magi-dream-transformed-in-reality-for-cpu-miners/
12/13: Crypto Mining Blog: http://cryptomining-blog.com/4017-coin-magi-xmg-cpu-only-alternative-crypto-currency/
12/01: Coinkita.com (a bitcoin educational community startup) (Indonesian ): http://coinkita.com/xmg-magi/
11/23: BTC-Germany: http://blog.btcgermany.eu/altcoin-der-woche-magicoin-xmg/
11/15: The Bitcoin News: http://thebitcoinnews.com/2014/11/15/coin-magi-cpu-miners-dream-proof-of-mining-pos-ii/
11/14: Coins Source: http://www.coinssource.com/coin-magi-a-cpu-miners-dream-proof-of-mining-pos-ii/
10/31: Mundo Crypto: La moneda de distribución justa (Spanish); http://www.mundocrypto.com.ve/uncategorized/magi-xmg-la-moneda-de-distribucion-justa/
10/29: The Einsteinium News: https://sites.google.com/site/einsteiniumbiz/home/page-2
10/28: The Bitcoin News: http://thebitcoinnews.com/2014/10/28/coin-magi/
10/28: Cryptos.Us: http://cryptos.us/crypto-news/item/58-coin-magi-a-unique-cpu-coin
10/21: Satoshis.Guru: http://www.satoshis.guru/home/coin-info/magicoin/
10/19: The Cryptocoin Chronicle: http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/







Bittrex | Poloniex | Cryptoine | Bitspark | C-Cex | Bleutrade | Cryptopia | Lazycoins | Comkort

Buy Magi using fiat currency
(USD, Euro, Pounds)
LiteBit.eu






Payment gateway






Coin Magi is listed in the TOP position of Coin Market App along with
Bitcoin, Litecoin, Ripple, BitsharesX, NXT, and Peercoin.

 












MagiPay - standalone payment gateway for Magi
http://www.m-epays.com

How does it work?
1. A merchant creates an account at m-epays.com; after successful registration one can create a payment box;
2. m-epays.com issues MagiPay account details;
3. Integrate MagiPay to merchant's website;
4. Customer clicks the 'Pay with magi' button, MagiPay connects to m-epays.com server and requests for a specific payment box;
5. m-epays.com issues a MagiPay address and the total amount to be paid;
6. Customer sends coins to the MagiPay address;
7. Once the payment is received and confirmed, the server informs the successful payment;
8. After 1 hour upon the payment is received, the server automatically transfer the amount of magi to merchant's registered external wallet address.

What's special?
1. Fully configurable compared to the third party service provider, since we ourselves will develop and manage the system;
2. Using the payment service provided by MagiPay will be free, in comparison with cases which charge minimum 0.5%. Additional feature to make use of the free service is the inclusion of fiat/BTC-XMG conversion, which practically reduces charge accumulated during the process, where payment is done typically by, for example, the credit card.
3. Delivery:
  • Phase #1: Basic functionality, e.g., buying goods online via using XMG (end of December or so)
  • Phase #2: Embedded with advanced features (survey, see blow)
  • Phase #3: The inclusion of the fiat/BTC-XMG exchange.

Survey of advanced features:  
https://docs.google.com/forms/d/1cq1E-8hvOcaOaAFPES9X9IIf1gV9ZP-ibgWbVUsBOfY/viewform?usp=send_form




PoW phase I:  block 1 - 50,000; block rewards between 5 and 300 XMG
PoW phase II: block > 50,000;   block rewards between 3 and 50 XMG
PoS-II: initiated at block 10080 (see following details)


Code:
addnode=104.128.225.215
addnode=216.189.144.213
addnode=162.245.217.165
addnode=104.131.57.65
addnode=104.131.42.100

Code:
posii=0
(Disable PoS-II)



















A network-dependent rewarding system: proof-of-mining (http://arxiv.org/abs/1409.7948)

arxiv is an e-prints. it has received paramount attention in the academy: http://en.wikipedia.org/wiki/ArXiv [Begun on August 14, 1991,
arXiv.org passed the half-million article milestone on October 3, 2008. By 2012 the submission rate had grown to more than 7,000 per month].




Games



MagiSocial

Faucet

Donation:
XMG:  95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u
BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq
LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC
 
336  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 29, 2015, 01:04:13 AM
User name : TonySon kaka
http://www.m-talk.org/


337  Other / Meta / Re: Forum ranks/positions/badges (What do those shiny coins under my name mean?) on: April 29, 2015, 12:20:33 AM
Muhammed Zakir: My post is relevant. It shows what "those shiny coins under [a] name mean."
Please stay on topic and try to not quote the post directly above yours in its entirety, makes this thread hard to read.

My account has a single coin next to it, which, as you can see from my table above, is "WORTHLESS."
Being banned will simply mean I'll have to start a new, "FREE" account, or purchase an aged, reputable one Smiley

I think so  Grin
338  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 29, 2015, 12:14:43 AM
Any tips to gain fast the "member" rank? :/
I think it's quite hard.
https://bitcointalk.org/index.php?topic=178608.0
Read this and you'll know there is no fast way, lol


thank you for light85bit ( Nghỉ lễ này bạn có đi đâu chơi không ? )
339  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ETC] Ethercoin | Redeemable 1:1 for ethers | Official Thread on: April 28, 2015, 11:49:01 PM
ethercoin is a pre sale of ethers maybe ethercoin should develop with a website and a online wallet
Grin
Definitely!
340  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: April 28, 2015, 03:43:06 PM

Almost impossible? More like utterly impossible Cheesy

It makes for an interesting discussion though. Did anybody ever think that the value of a Bitcoin would reach 1000 dollars? Did anybody ever think it would plummet over the next year to under 200 dollars?

Ultimately, the price of anything is what somebody is willing to pay for it, should they desire to possess it for whatever reason.

While we are comparing the price of XMG against BTC, what will happen if/when BTC becomes old hat and XMG takes over as the "gold standard" cryptocurrency? It is the price of XMG against fiat currencies that we should be comparing. Currently, whenever I wish to calculate the value of my XMG holding in UKP I have to factor-in the value of a Bitcoin against the UKP. One day soon, maybe I will not have to worry about that step.

One thing that I do know for sure is that cryptocurrencies and other local currency schemes are here to stay and are the way of the future, here today. One very interesting project going on very near to me is The Brixton Pound. Fascinating stuff and it works really well.

I guess a stable value for XMG would be something like 0.2 USD, so lets say 10 times what is it now. I don't think it could go up till 1 USD or more for all the reasons we all know (essentially no exponential difficulty)
0,1 USD  Grin
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!