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3221  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 million effective BTC's have been made by FTC/CNC = 17% drop of BTC on: May 03, 2013, 01:57:42 AM
Your numbers are also wrong.

counter examples are always good
3222  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 million effective BTC's have been made by FTC/CNC = 17% drop of BTC on: May 03, 2013, 01:39:04 AM
Not to mention how much BTC has been diluted by all those USD, Euros, GBP, CAD being printed all the time.

Not sure if trolling or purposefully unintelligent  Cheesy

Yes, but this is internal to BTC, as they are only traded against BTC


It's irrelevant. The value moves from one to the other, as long as the loop remains open. The key factor is retention of BTC, whether against altcoins or fiat makes absolutely no difference.

We know you really REALLY want your altcoins to succeed, but isn't one thread enough?

I don't have any CNC

and only 100 FTC,

so no I am not a large holder of them.

I however am considering buying CNC....
3223  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 million effective BTC's have been made by FTC/CNC = 17% drop of BTC on: May 03, 2013, 01:15:57 AM
Not to mention how much BTC has been diluted by all those USD, Euros, GBP, CAD being printed all the time.

Not sure if trolling or purposefully unintelligent  Cheesy

Yes, but this is internal to BTC, as they are only traded against BTC
3224  Alternate cryptocurrencies / Altcoin Discussion / 4 million effective BTC's have been made by FTC/CNC = 17% drop of BTC on: May 03, 2013, 01:11:23 AM
I think this deserves the broader forum

4 Mill BTC made in 2 weeks....?

In the  last week for so we have seen FTC and if the last two days CNC

FTC has achieved 0.005 BTC already and CNC looks to do at least this, and between them there are circa 800,000,000 Coins

Accordingly we can work out the dilutes BTC, in very broad brush strokes

360000000   0.005   1800000   1.8   million   BTC
462000000   0.005   2310000   2.31   million   BTC
822000000   0.01          4110000   4.11              BTC
              
              
              
         100      
         21   25.11  
            0.836320191   83.63201912  <----21M/25.11 M  


Thus effectively dropping BTC value by 17% !!!, which is quite close to the drop in the last 2 days

and because of the vast number of coins each 0.001 rise has a massive effect.

It appears that BTC may be diluted (inflated this way) this way
3225  Economy / Service Discussion / Re: CoinLab suing MtGox for $75 milliion? on: May 03, 2013, 01:08:18 AM
no court stamp on the Doc that I can see
3226  Alternate cryptocurrencies / Altcoin Discussion / Re: The ALT currency FTC CNC, dilution, effect on BTC, on: May 03, 2013, 12:29:05 AM
Just give the other coins time to hit their peak and then burst. They are the true bubble, and if they suppress BTC's price in the short term, i'm not complaining. I'll be mad though when actual RESELLERS start accepting alt-coins, or gox. Not when a couple of troll exchanges use them as a sort of neo-HYIP.

The only ones I really have any respect for is Litecoin and Terracoin. All the others are Noob Coins. Even litecoin is sort of dumb.

whats going to push it is not just the competency of the coin but the desire to unwind/get hand on million of early BTC...and FTC+CNC  have just got hold of over 2 million BTC
3227  Alternate cryptocurrencies / Altcoin Discussion / Re: The ALT currency FTC CNC, dilution, effect on BTC, on: May 03, 2013, 12:27:12 AM
one thing is certian; when bitcoin value drops, litecoin value drops also.  litecoin was 4.07 a couple days ago, today it is down to 3.40. 

thats to US, though...I am more interested in how the others climb,  Millions of BTC out of nothing
3228  Alternate cryptocurrencies / Altcoin Discussion / Re: The ALT currency FTC CNC, dilution, effect on BTC, on: May 03, 2013, 12:08:20 AM
I was literally just about to start a thread about this. The number of alt-coins being released is just silly. On the one hand I'm concerned that the situation will discredit Bitcoin and open source crypto-currencies in general. On the other, the whole point of it being open source in the first place is that people replicate the software, make changes and improvements, and let the best one win.


We have a situation where people will jump on any new coin because they believe price will go up. As a result, price does go up - its a self fulfilling prophecy. But what will the end result be? Will this effect of dilution/inflation simply continue


a few fast cpu only coins will win out, btc is to slow...

3229  Alternate cryptocurrencies / Altcoin Discussion / why no FTC/ CNC trading google docs or threads????? on: May 02, 2013, 11:58:07 PM
Why no FTC/ CNC trading google docs or threads?Huh?

ok so

10 FTC for 100 CNC
3230  Alternate cryptocurrencies / Altcoin Discussion / Re: The ALT currecny dilution, effect, FTC CNC on: May 02, 2013, 11:54:08 PM

It appears that BTC may be inflated this way


fixed.
There is little to no use except for speculating for the Alt Coins atm, but I guess they sip a bit of Bitcoin's value.


more than a bit!!!!
3231  Alternate cryptocurrencies / Altcoin Discussion / The ALT currency FTC CNC, collaspsing BTC? on: May 02, 2013, 11:49:01 PM
4 Mill BTC made in 2 weeks....?

In the  last week for so we have seen FTC and if the last two days CNC

FTC has achieved 0.005 BTC already and CNC looks to do at least this, and between them there are circa 800,000,000

Accordingly we can work out the dilutes BTC, in very broad brush strokes

360000000   0.005   1800000   1.8   million   BTC
462000000   0.005   2310000   2.31   million   BTC
822000000   0.01          4110000   4.11              BTC
               
               
               
         100      
         21   25.11   
            0.836320191   83.63201912   <----21M/25.11 M   


Thus effectively dropping BTC value by 17% !!!, which is quite close to the drop in the last 2 days

and because of the vast number of coins each 0.001 rise has a massive effect.

It appears that BTC may be diluted (inflated this way) this way



3232  Alternate cryptocurrencies / Altcoin Discussion / Re: Wow another Coin, it went BTE the FTC now CHN.....Which is best? on: May 02, 2013, 11:49:34 AM
I think CHN will be huge in China itself. It's like a national crypto currency for 1 Billion people. And it's chinese culture to jump onto this train.

On the other hand, the chinese thread about this coins is less than popular, it seems.


blindly nationalistic Chinese speculators at some future time

Well-thought. Why anything that is related to Chinese also relates to the so-called "blindly nationalistic"?

because you only need 0.1% of Blindly Nationalistic Chinese and that's still alot!!!
3233  Economy / Speculation / Re: The bear market is on.... on: May 02, 2013, 11:47:45 AM
You can get upset if you like, but it doesn't change the fact that the only justification for a price rise from $20 to $260 in less than 4 months is speculation driven by media hype (not fundamentals).  This has nothing to do with negativity and everything to do with trading realistically and without emotion.

That's my way of thinking too and waiting to buy. But I'm worried by alternative crytopcurrencies. They are zapping money from the BTC price.

isn't that point though it unwinds the early adopter BTC in more hands, makes it more like a currency....also competition is good...may the best coin win, and it force you to hold some of each
3234  Alternate cryptocurrencies / Altcoin Discussion / Re: Wow another Coin, it went BTE the FTC now CHN.....Which is best? on: May 02, 2013, 10:33:32 AM
I think CHN will be huge in China itself. It's like a national crypto currency for 1 Billion people. And it's chinese culture to jump onto this train.

On the other hand, the chinese thread about this coins is less than popular, it seems.


Hardly surprising, you know the Chinese have been known to stop buying a seemingly foreign product after learning it was actually made in China.

I wouldn't be surprised if most of the hype on CHNcoin is actually gullible westerners speculating on selling to blindly nationalistic Chinese speculators at some future time.  I've seen people make comments about how the Chinese 'love to speculate' and 'cant resist speculating', making this the perfect set up of the fool believing their is a bigger fool (and lots of them) who will bid up the price and make him rich, so long as he byes NOW.

now this is adroit analysis, maybe will cover CHN for at least one mega bubble
3235  Economy / Speculation / Re: The bear market is on.... on: May 02, 2013, 10:27:03 AM
Hold on to your pants guys...its gonna get crazy.  

Secretly, I hoped the pigs were right and we would bubble up again, but every day it looks more and more like this bubble is going to pop all the way...take profits while you can guys, it may be your last chance.




Yawn, this will all be forgotten in 2 years....just operate at different time scales that's all
3236  Bitcoin / Development & Technical Discussion / Re: Is thier a good code review anywhere on: May 02, 2013, 09:09:14 AM
What are you looking for exactly? Bitcoin code review, I can walk you thru the code if you want? It will cost you cause time is money for me.

no...more like a web site just how NeHe does it...., which I am surprised there is not by now

, thanks for the offer though!!!!
3237  Economy / Securities / VirCurEx stock results on: May 02, 2013, 09:07:42 AM
VirCurEx Gave about

5% first dividend for the month  
10% second last this month + 30% of total to NAV

and share price about 400% of original cost

pretty good!

https://cryptostocks.com/
3238  Bitcoin / Bitcoin Discussion / Re: Satoshi's white paper..."he" said "we", lends weight to the idea it was a group on: May 02, 2013, 08:41:44 AM
We just decided to write all our forum posts as "we". It helps us get the respect we deserve.


We agree with this proposition
3239  Alternate cryptocurrencies / Altcoin Discussion / Re: Wow another Coin, it went BTE the FTC now CHN.....Which is best? on: May 02, 2013, 08:16:09 AM
Forget Turkeycoin, it will fade now that CNC has been released. PPC has a premined strike against it so it will most likely never catch on.

BTE was an April fools joke hence SHA-256.

CNC might be the best bet of the super risky alts.

Turkeycoin???

whats this???
3240  Alternate cryptocurrencies / Altcoin Discussion / Re: PPcoin Logo tweak (peercoin) on: May 02, 2013, 07:40:46 AM
I a PPC fan

I can't work out if the siniggering is good or bad....keeps the hoards away until they realize its to late!!!!

PPC >>>>ALLLL

But it does well you know PP Coin

Any how

I also Like SK's PPC ebsite

I like he map and layout

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