Bitcoin Forum
May 27, 2024, 06:18:41 AM *
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 21 22 23 24 25 26 27 28 »
341  Alternate cryptocurrencies / Altcoin Discussion / Re: -- The Riddle of the father and son - Who Was, is and Will Rule the World! on: October 25, 2013, 06:38:12 AM
XBT is the World Currency, XIC is more likely BTC, or Cryptocurrency in general, the murder will be after/during the BTC ETF and the evil marks and number of the beast are the correlations in your head between the 100's which are on your $100 US bills and the 1010101 on the bitcoin symbol, which you believe it's evil powers are subjecting everyone's minds to  brainwashing.  Someone we will align all the 1's and 0's and realize they are positioned in a way that by decoding under major stimulants will contain god numbers, or in fact the mark of the beast since 1010011010 is the number of the beast.  Somehow if someone misaligned/flipped the middle 2 bits, they would in fact be the same number as is on the Bitcoin symbol.

Then whoever controlled the flow of Bitcoin could control the fate of the world, as everyone would be under their spell.  And thus begins the first chapter of the Apocalypse.  


The map is to remind us once we are dripping in riches from holding BTC, to not sell our BTC early, even though it seems there is a large lake near Zurich which we may want to go on a vacation to swim in.
342  Economy / Marketplace / Re: Is there any casino game you would like to try and it isn't exist? on: October 24, 2013, 03:33:48 PM
I would love to find a site with Vegas style slot machine games, with flash, and some fun bonus rounds.  Heck even to pull/copy slot games from Facebook games like MGM's MyVegas, or CET's slot website.  Every casino site I have checked out for better coins tends to be either a card game of some type, or styling really old slot machines.
343  Economy / Currency exchange / Re: Selling a large amount of BTC on: October 24, 2013, 03:20:00 PM
It's going to take a while to find a single buyer for that much BTC. Have you thought about breaking it up into smaller chunks?

Smaller chunks are OK. PM me if you're interested in purchasing any large amount (at least 75 BTC).

Dang man, 1,000 BTC is $200,000?  Wow!

Did you mine that or are you a lucky visionary who bought in early?

Like I said, I can buy $3,000, maybe a little more if you can do a good deal.  Thanks.

Vlad, lol, just so you know Theymos was one of the people behind the original Bitcoin Exchange (GLBSE) and is the person that runs this forum.  Notice the Administrator tag below his name.
344  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: October 23, 2013, 07:13:05 PM
Lol, the the human part of me thinks you're right.

The engineer part of me thinks you should plan ahead for anything wacky so you aren't stuck there when Murphy's Law trumps Moore's law, and the totally unexpected happens.

 Oh crap, I think Murphy's law just became Vlad's law, with God numbers and superblocks.
345  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: October 23, 2013, 06:55:53 PM
It's wrong, it's behind both Mt.Gox and Bitstamp.

That transaction speed is bullshit - first of all, you do not understand this is highly varying, and that you can wait much more than the average block time, and that no one is going to wait one minute at a point of sale anyway. Actually, no one even waits ten seconds already.

You also do not understand that the time is there for a reason: shorter confirmation times are less secure.

Just do what the credit card processors (and, oh, Bitpay) already do: confirm right away, and take the risk. Or use trusted wallets.

I think we are on the same page, just looking at it from different angles.  I agree that the shorter confirm times are less secure, and that the time is there for a reason.  I am looking at it more as the problems that would happen if the Vlad agenda ever played itself out (Which I think is HIGHLY unlikely), where a total scrap of fiat occurs in a short period of time, and everyone would be attempting to live their regular lives out using BTC as the defacto currency.  There are thousands of scenarios where people are not going to take the risk and confirm right away, and at the same time people won't be willing to sit around waiting for the transaction to properly confirm.  And yes I have heard cases where BTC took over 30 mins to confirm in some odd cases.   Also if fiat was wiped from existence,   BTC would have mass problems occurring as the blockchain is not made to withstand that many transactions, and for years on end.  

I was just saying no cryptocurrency at the current time is ready to take on that much load, and work for all people without annoyances.  Which is why we need some innovative people to take it where it is today, and somehow get it to where a cryptocurrency could stand a chance of taking over for fiat, if that ever did happen.

As for me, I am not a BTC cultist, or an anti-BTC supporter.  I am just a supporter of Cryptocurrencies in general, and am not in any way affected personally if BTC is on the rise, or LTC, or heck even Nuggets.
346  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: October 23, 2013, 05:58:13 PM
BTC China is now the largest BTC exchange in the world (according to Wired, which could be wrong).  So if LTC was to make it into that exchange, it would have the possibility of being much larger than the Litecoin on MtGox train.

The easier it is for merchants to exchange their coins (of any type) for fiat, the more likely they will become adopted.  No merchants wants to have to exchange twice to get fiat out, so the more bigger exchanges LTC or any altcoin can get on the better.

Instead of fighting which coin is the best, we should really all be on the same side.  BTC might dwarf LTC in the number of places you can use it, but that is a miniscule amount compared to how many places take fiat compared to BTC.  Because of BTC's major flaws, it will never overtake fiat/interac/credit cards for quick transactions.  No one at a Starbucks, Walmart, or Costco are going to wait 10 minutes for their transaction to be confirmed.  Sure Starbucks might bite the bullet and put their $3 on the line allowing for the customer to leave before it is properly confirmed.  Costco on the other hand with $500 transactions as an almost regular occurrence probably wouldn't.   LTC isn't going to grab that market either, although it is a bit better.  Another problem, the blockchains would collapse under their own weight if they had the volume of transactions that interac or credit cards had on a yearly basis.  We all need to hope for some real innovators to come along and build up an alt coin that actually fixes the problems at hand if we ever want a cryptocurrency to take over, as Vlad expects BTC to when everyone falls for BTC, and the US gov't gets rid of fiat  LMAO.  Wouldn't that be a disaster in the making. 
347  Alternate cryptocurrencies / Altcoin Discussion / Re: Be pay for create litecoin copy. 2000 dollars per month on: October 23, 2013, 12:49:25 AM
Last thing anyone needs is more of this crap.  I hope this is just a bad troll post.
348  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: October 23, 2013, 12:43:21 AM
Lol, Vlad, I can only think of 2 coins that are currently merge mined with BTC.  The main one being NMC.  Scrypt coins can be merge mined as well.  The big problem is no one is bothering.  Just like no one is jumping to merge mine all the SHA-256 coins with BTC.

Mining BTC for profit is no longer an option for 99% of people.  It has gone big business.  You need to pump in tens of thousands of dollars to even have a hope of making a sliver of money before the difficulty sucks that dry as well.  Not long ago (a few months) a 5 GH/s ASIC could net you a $100 a day.  Now it can make you about $0.30.  A 50 GH/s ASIC might bring in $3-4 a day, and those will cost you around $2500.   Before long those $2500 machines will be bringing in $0.30/day.  It's an endless power struggle, with the only ones profiting being the companies making the devices.

ASICs are not going to save LTC, or any of the other scrypt alt-coins.  If anything it's a death sentence for them.  ASIC's also don't make a coin any more secure.  If anything it weakens them, as the majority of hashrate is held by a handful of people.  The actual hashrate means absolutely nothing in terms of security.  It's all in splitting the hashrate to as many people as possible to make it more secure.  If I wanted to attack BTC (IE if I was the US gov't, or some other large entity that wanted to knock it out), All I would do is show up at ASICMINER and a few other large entities with a few military, and tell them their ASIC's are now ours or they would be killed, and you could easily 51% attack it.  Lol, now see what it would take to take down something like LTC.  It would take actual machines, as the hashrate is spread out so much that taking out a few large miners would probably only net you 5% of the network hashrate.  Not to say it can't be done, it's just not quite as easy.

As I said before, LTC's biggest problem right now is over half the hashrate is held by ex-BTC miners, who hold no interest in LTC, other then to sell it for BTC.  When the BTC price rises, they dump every coin they have for BTC.  This crashes the price.  As their mining rigs get older\slower, I doubt they will buy new rigs, as they will probably be using the cash to buy more ASIC's for BTC, so eventually the Scrypt coins will strengthen.  But in the meantime anyone who mines\uses any altcoin is at the mercy of the sellers for the market prices.
349  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: October 22, 2013, 07:31:17 PM
Actually with the computer with GPU, you can mine "any" coin you want.  Although I will admit, mining BTC with a GPU now is a failing proposition.  Although mining with an ASIC is pretty much a losing proposition as well, especially with these 110,000,000 difficulty jumps like the one coming in 3 days.  I did the math, and with the current difficulty, even the 5 Gh/S ASICS are pretty much mining the electricity costs, nothing more.   

And if something would happen to BTC/Cryptocurrency in general,  you still have a computer that you can use for pretty much anything you want.  With an ASIC, if cryptocurrencies fail, you are left with an expensive brick, that can't do ANYTHING. 

The biggest problem with LTC right now is that the ex-BTC miners have moved to LTC to keep their GPU's mining, instead of trashing them, as they can no longer mine BTC.  When BTC is on the rise, these miners dump their LTC, as they have little to no value for their LTC coins, which is why all the Scrypt coins fall when there is a BTC bubble.  Eventually the prices will fall back in line again.

In my mind  Neither BTC/LTC or really any of the current cryptocurrencies will last if they go mainstream.  Too many flaws in each system.  Which is why we need actual innovators bringing new Alt-coins to the table.  Not the mass clone coins that we see now, but actual innovations that can get things like transactions to be completed in an instant.  Until we have things like that, there really is no reason for merchants to dump debit/interac transactions in favor of taking cryptocurrencies.  Unless of course we want Starbucks and places like that to have waiting areas for people who paid with BTC, so that they can get their coffee 10 minutes after they rang the sale through.
350  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin heading to 1000 which alts will survive? on: October 22, 2013, 04:02:00 PM
BTW why the heck did you copy my pic??  LMAO!!!  It's confusing me as I go through the forums, I keep thinking I made posts I didn't make.
351  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin heading to 1000 which alts will survive? on: October 22, 2013, 04:00:12 PM
I think he is a dev or something for Philosopher Stones (PHS), since he has a ton of posts in the thread, and his forum sig is all PHS related.  Smiley
352  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin heading to 1000 which alts will survive? on: October 21, 2013, 07:14:17 PM
Sexcoin will live on, because, well, sex sells. <_<

I can't argue with that.
353  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin heading to 1000 which alts will survive? on: October 21, 2013, 05:47:14 PM
I like the concept of XPM, but it's not quite scientific, as it's capped in height for how large of a Prime number it's looking for (from what I have read).  I have my hopes on Gridcoin myself (lol, I'm not yet mining it either).  But always looking towards a coin that is actually putting some of it's calculating power on benefiting mankind.

Aside from that, I really don't see the rise in the price of BTC doing anything but helping Altcoins, as it will bring more people into Cryptocurrencies in general, and not just into BTC.  I do however think that the continual alt coin creation needs to stop, unless something is truly a breakthrough, on unique.  I honestly think we need some sweeper 51% attacker to kill all the coins if they fall below say 1 Mh/s for more than a week.  It's just silly seeing 20+ coins started everyday, that have no dev support, and very few if any service ideas. 
354  Alternate cryptocurrencies / Altcoin Discussion / Re: {ARG}{DGC} Multi-coin GIVEAWAY! on: October 18, 2013, 02:09:56 AM
DGC - DPfYKzi3oy2kzuuu55HzSyVAtxFkpz6LYv

Thanks
355  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: October 17, 2013, 04:00:50 AM
Just wondering if Bottlecaps will be going back up.  I know there were a few problems about a month ago, but those have been resolved, the network is stable again, and it's back on Cryptsy.

Block Explorer is here:

http://bottlecaps.kicks-ass.net/block_crawler.php



Found a better one, and I believe it has the total Bottlecaps mined in there as well.

http://cap.cryptocoinexplorer.com/

356  Bitcoin / Bitcoin Discussion / Re: So what happened to Satoshi? on: October 15, 2013, 04:20:24 PM
Letting bitcoin ride and sitting back, I think.  Smiley

Don't have a clue what happened to Satoshi.

Just laughing because I see someone started using my logo for some reason.  LMAO.
357  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] CryptoLife.net - Hard hitting cryptocurrency news and analysis on: October 15, 2013, 03:51:47 PM
Weird, when I try to go to the site, Sophos has blocked it, as it has a trojan on it. 
358  Other / Off-topic / Re: What video games do you play? on: October 09, 2013, 10:27:24 PM
Battlefield 3, World of Tanks, War Thunder, Guild Wars 2, Total War: Shogun 2, TERA, Planetside 2.  As you can see I am all over the map games wise.
359  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: October 02, 2013, 10:26:50 PM
Just wondering if Bottlecaps will be going back up.  I know there were a few problems about a month ago, but those have been resolved, the network is stable again, and it's back on Cryptsy.

Block Explorer is here:

http://bottlecaps.kicks-ass.net/block_crawler.php

360  Bitcoin / Bitcoin Technical Support / Re: Computer just for coin transactions. on: September 09, 2013, 02:54:09 PM
If your that worried that the CIA will be using a backdoor to watch your Bitcoin transactions, you do know they can monitor your ISP, or just look at the Blockchain and see where you have been spending your coins without ever having to look at your computer. 

I don't think you have anything to worry about from Big Brother.  Now if you're worried about theft of your coins from keyloggers ect.  Then I would say use a virtual computer, and make sure you rebuild it everytime you do a transaction, or boot off a Boot CD.  Then only plug your wallet USB key in when you are about to do a transaction.  Is it overboard, I would say yes, but it should be the safest way to keep from anyone stealing your coins.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!