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3321  Alternate cryptocurrencies / Altcoin Discussion / Re: Nxt Finally Releases Source Code and It is a SINGLE Java Class on: January 03, 2014, 07:02:51 PM
100% premine? Everyone knew or should've know it was a scamcoin from the beginning.
3322  Alternate cryptocurrencies / Altcoin Discussion / Re: [Datacoin] New giveaway - 1 DTC per person! 200 total to be given away! on: January 03, 2014, 05:02:58 PM
DADmjsrQNBhEk6GfBkCfiv9PP9X4yo2NcE

Thanks!
3323  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QQCoin- Download Now- Quick Quick Coin is exactly that, QUICK!- Pools on: January 03, 2014, 04:51:18 PM
That's true. I guess I've just become accustomed to seeing devs become the hype-man for their coins.
3324  Alternate cryptocurrencies / Altcoin Discussion / Re: 【QQCoin】 GIVEAWAY #2 celebrate adding to COINEDUP! #137 random 1-7 QQC giveouts! on: January 03, 2014, 04:37:12 PM
QLmCqTbzzSdGC4tK9yxmM8z5tsDAS4m6o2

Thanks!
3325  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QQCoin- Download Now- Quick Quick Coin is exactly that, QUICK!- Pools on: January 03, 2014, 04:25:41 PM
I like the coin and I think there's a lot of potential here...
But is anyone else concerned about the dev going AWOL?
3326  Alternate cryptocurrencies / Altcoin Discussion / Re: ScamCoin. the demise of altcoins on: January 03, 2014, 04:05:49 PM
Scamcoin, no scamcoin...whatever. There is plenty of money to be made on altcoins.
3327  Alternate cryptocurrencies / Altcoin Discussion / Re: Fastest transaction time on: January 03, 2014, 03:35:51 PM
QQC and Earthcoin are extremely fast, but both new and unestablished. WDC is not as fast, but still very fast, and becoming quite established.
3328  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Datacoin] Datacoin blockchain start announcement (Minor code upd + logo) on: January 02, 2014, 09:06:58 PM
This is not a pump n' dump, but it is an excellent buy and hold coin. I foresee a steady rise in the value of this as a coin.
3329  Alternate cryptocurrencies / Altcoin Discussion / Re: buy coins or mine them? on: January 02, 2014, 04:01:08 PM
Miners are a ton of work to set up and maintain. A lot of people downplay this.  Also,  there are always hidden costs,  besides electricity, such as hardware failures (in the last month I've fried 2 motherboards and one gpu).

In retrospect, I probably should've just bought coins.
3330  Alternate cryptocurrencies / Altcoin Discussion / Re: How many MOON coins did you mine in the first few hours? on: December 31, 2013, 03:28:55 PM
1.1 million, for mining for an hour with 4.4 MH.
3331  Alternate cryptocurrencies / Altcoin Discussion / Re: [DATACOIN] Brainstorming - Giveaway! on: December 31, 2013, 03:14:38 PM
I think datacoin should not reward only the computation power of miner, but the fact of storing the blockchain too.
Hashpower is important to secure the network, but datacoin is about storage, so the one who store the blockchain should get a cut.

Right now, the guy who mine a block get the block reward + all the fee.

Instead of going to the miner, the fee should be spread between all the blockchains.
Mining recquire to store the blockchain too, but the fee shouldn't reward pure hashpower, but storaging.


I would go even further :
I think the reward per block (currently ~10DTC) should be spread too, not only the fees. Like a 50/50 split, 5dtc to the miner and 5 dtc to blockchains

To not bloat the blockchain with a lot of tiny transaction and to create a more fair distribution, i think all those block reward and fee should go to a single neutral adress. Then after like 1 days (1440 block), this adress would automaticly redistribute equally the reward to all blockchains with 100% uptime for that day (1440 block).


It would probably recquire a hardfork, but this would ensure people have interest in storing the entire blockchain. Because in the near future, blockchain could grow big very quickly and people would only mine on a pool, without storing the blockchain, because it's the same reward right now.


tl,dr : Storage of the blockchain need to be rewarded

I like the idea of rewarding storage of the blockchain.
As a miner, I'd be willing to store the blockchain on my mining machines. My machines all have hard drives since I'm a Windows miner, and most of my hard drive space is unused.

I could see a lot of other miners being in the same position as me, willing to store data. This would seem to exclude Linux miners though, as many, if not most of them run their machines on a USB flash drive. One potential solution to this would be to allow people to store a part of the blockchain, and compensate people by the GB.

Rewards should be more like a 95/5 (or maybe even 99/1) split though, as mining is much more important than data storage redundancy here I believe. There will always be copies of the block chain as long as there are wallets and pools running, but miners can, and will, go elsewhere. They must always be well compensated, or the security of the Datacoin network will be in danger.

DADmjsrQNBhEk6GfBkCfiv9PP9X4yo2NcE
3332  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOON] Mooncoin: You know where it's headed! LAUNCHING 12/30 @ 1PM EST on: December 31, 2013, 02:43:37 PM
Been mining since start now. so fra 20857 Mooncoin. As i can see other people have millions. What am i doing wrong?

Using both my amd fx 8350 and my GTX 670 to mine.

What are you doing wrong? Using a CPU and Nvidia GPU to mine scrypt coins.
3333  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS/WTB] Mooncoin buy and sell Spreadsheet on: December 31, 2013, 06:04:08 AM
WTS 1,000,000 MOON
PM me with a reasonable offer.
3334  Alternate cryptocurrencies / Altcoin Discussion / Re: [UNI] UniteCoin Giveaway! on: December 16, 2013, 03:21:41 PM
UfBGMyuSE8hxooFTSEt2YHKvptBu7Ab6My
Thanks!
3335  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Announcing Galaxycoin - GLX, the new PoW/PoS coin, no premine! on: December 12, 2013, 03:42:47 PM
Dead.
3336  Bitcoin / Mining software (miners) / Re: CGMINER ASIC FPGA miner monitoring fanspeed RPC linux/win/osx/mip/arm/r-pi 3.8.4 on: December 06, 2013, 01:55:18 PM
cgminer will only recognize  one of my GPUs. Going on a suggestion from someone, I used the --no-adl argument. Now, it seems adl is permanently disabled. How can I re-enable it?
3337  Economy / Speculation / Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2013, 10:32:22 PM
Wall Observer
A free service brought to you by the bitcoin community

Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome, feel free to comment on these if you have something to worth contributing, ( if your post is not at all TA it will be deleted )

Posting guild lines:
 Please lets keep this thread clean. ( I will be removing any off topic posts )
 Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested)
 When you post a chart please use bitcoincharts.com, mtgoxlive.com, btccharts.com or bitcoinity.com (This information may be out of date)

Recommendations
Do: Post TA and news items related to Bitcoin, engage in friendly debate and banter, ignore people who offend or insult you
Don't: Be a drama queen



as requested, i have started a new thread.
this thread is now a self-moderated topic.
I will try and keep this thread clean, with only facts, current trends, past price movements, depth charts, etc.
I promise to not delete post simply because i do not agree with the bearish TA.

thank you for your input!


Quote
We needed more regulation around this bitch.

the rules of this thread is an attempt to keep this thread from having +1000 post when price is doing big moves, and instead relay important indicators during critical moments.
also when the market is more calm we can expect to see wall posts and TA price charts, back to back without any relevant chatting, making easier to analyze.
there are other threads where speculators can discuss their sentiment, just not here...

That 1000+ page thread was getting kinda useless.

How about bitcoinium.com pics? I can never get mtgoxlive to load Undecided

thats fine too,
I'm looking for quality charts or good TA bearish or bullish.

asking good questions example....

Interesting pattern I've noticed. It's been sort of bouncing downwards for the last 4 days. Is there a technical term for this sort of thing?



is also welcome here.

just don't be posting about your "FEELINGS" and you won't get delete.  Tongue

Disclaimer: All posts in this thread are for entertainment purposes only. Nothing in this thread should be construed as financial advice.

*note: This thread was started by adamstgBit. I took over after he went AWOL.
3338  Bitcoin / Bitcoin Discussion / Re: how long ago did you heard about Bitcoin? Poll! on: November 01, 2011, 08:50:06 PM
First learned of bitcoin in June. I was mining less than an hour later. Cheesy
3339  Bitcoin / Mining / Re: If your using nvida cards on: October 31, 2011, 08:46:19 PM
Some people mine with Nvidia cards  Huh

Yeah, don't you know that some people mine for the fun of it? Because it's apparently fun to waste large amounts of electricity.

and the point you just had to chime in for was ..... guess I missed one
what does this have to do with the subject Huh

I chimed in for fun  Wink
3340  Bitcoin / Mining / Re: If you're mining at around break even prices, STOP! on: October 31, 2011, 07:40:27 PM
I agree, OP. I think, ultimately, buying bitcoins is much more beneficial to the currency than mining them at this point.

The arguments about mining to increase the security of bitcoin are technically true, but in practice, false. As for mining for "fun"? Aside from building the systems, I really don't understand what's fun about mining. Before I liquidated all my rigs, they were running totally independently for weeks/months at a time with no intervention from me whatsoever.
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