The cartel can give 0-confirmation transactions to its customers, because these are going to be repeat customers because the cartel covers so much commerce.
Everyone can give 0-confirm transactions to their customers. That's a question of business risk, not capacity. It happens now. Please search for the fast-transaction problem and/or the vending machine problem. Don't play dumb just to obfuscate the point. The point is the cartel doesn't have delay transactions for its customers when it withholds them from the other miners. The nature of the protocol requires that the cartel delay transaction processing for it's customers because it withholds them from other miners. There is no way to avoid it! That's what you can't wrap your head around! You still didn't get the point. The customer will never care that the transaction is delayed into the blockchain (delayed until the cartel's mining servers wins a block in the proof-of-work), because Amazon will give their customers 0-confirmation access to what they purchased. So that delay is irrelevant. That only works if the customer does not have control of their wallet, otherwise they could double-spend the money away from Amazon. So Amazon must control the wallet. In which case it could instead just manage everything off-chain instead, as current exchanges do. So there are no transactions to withhold. This line of thinking was already refuted. See my replies to JoelKatz. BTW he is a Ripple core dev  |
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So when do I have to claim my NXT? I dont want them t fall in the "not claimed" category and lose them  Is claim the same as moving them in your own wallet? Because there is no client atm - not gonna waste a damn week trying to compile the code in a MacOS.. |
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You're an idiot, don't do this! - 109 (43.6%)
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Just did the sum in excel: 999,963,267.22 Nxt  How did u get .22 if all numbers r whole? Damn that was a copy/paste mistake! 70f4f8240e9b1204637c6a3d00981638d18d2c0bd40ddb2878fec57740b57200 / 0,00073556 / <266699 / 300 / 0,220668 / 36686 So it should be 999,963,267 + 36686 = 999999953 Including unclaimed coins. |
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1B There will be 1,000,000,000 coins. And amounts can be only whole numbers. Later we can add fractional numbers but now it would be inconvenient.
looks fine (what do you mean by quote?).
so we start with 99 stakeholders. what's next? we definetley need more people - so how do you see the next few steps of NXT evolution?
So how many Nxt in total? I am bored to open a spreadsheet to add them all! Just did the sum in excel: 999,963,267.22 Nxt |
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looks fine (what do you mean by quote?).
so we start with 99 stakeholders. what's next? we definetley need more people - so how do you see the next few steps of NXT evolution?
So how many Nxt in total? I am bored to open a spreadsheet to add them all! |
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Well i find it very discouraging that bytemaster response to cunicula is that bitgold will just magically track real gold price even though it is backed by nothing. Bytemaster can not explain away the obvious and significant problem that bitGold will not track the price of real gold. Bitshares is fatally flawed and bytemaster ignores any one that proves that it is. Bitshares is just trading fake digital assets to suckers dump enough to convert usd into bitshares in a ponzi that will collapse the moment cash flow into bitshares can not support the ratio of the bitshares: bitasset:usd to real world asset. Also bytemaster, i believe you owe cunicula an apology for stealing his work, Unregulated Corporation Cryptocurrency, and claiming it as your idea. Link? |
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Are you guys looking at different charts than me?
Looks like pretty normal volatility to me, compared to the action we have seen the last couple of days.
Volatility either side of the peak is a standard pattern, I'll be surprised if this time around we don't see the same as the previous bubbles. In fact, given how routine they are, I'm not sure we can call them bubbles as a bubble by definition is a one time cataclysmic event. This I don't think of them as bubbles anymore. Bitcoin = be your own bank and this volatility = herd mentality - everyone withdraw your saving at once. I.e. it's a P2P run on the bank. This is one of the best insights I have met on Bitcoin... |
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http://bitcoin.clarkmoody.com/H4 and H1 look like that archetypal bubble pic. Probably going down quite a ways. My guess is bottom around the $150 to $225 range. Under 180$ = 40$ |
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Gallipi just tanked the price... He crapped his pants and did not answer to the last question, what a fail, Shasky and the indian lady yesterday have kicked everybody's butt  Much better to reply with a better answer that you have had time to reflect on, than a rushed one. Man, he should have been prepared for that question. If you know BTC you have thought about that. You know that cash is very much harder to follow/track than BTC, you can reply that you can just apply the same rules you use for cash which is what the FinCen lady (or the indian lady that came yesterday) would have answered to that. RAMON ES |
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I love this guy! Satoshi wet?
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Shit, 2 days of non stop Satoshi porn |
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isn't funny how i'm the guy to talk to when it comes to bitcoin-stock market related stuff? LOL  *right now MSC reminds me of a typical kool aid stand! Hi Haightst, This thread is for buying and selling MasterCoin. I don't think you are doing either of these things. Can you please take your general comments and musings to the overall MasterCoin project development thread? That thread is here: https://bitcointalk.org/index.php?topic=265488.0I think you would be more apt to getting the discussion you crave if you posted there. At the moment, your posts just add to the general noise and make it more difficult for us to pick out legit buyers/sellers. Thanks, - everyone here Just hit ignore button mate (Tkeenan too)... |
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Willing to lower my sell to 50 @ 0.165, need a quick sale!
Ok, i'll not going deeper BTC rise blind me :/ If i sold @ 0.15 i'll regret this in less than a month ! I advice everyone to watch the hearing replay from yesterday How they speak about mastercoin as a layer on top of bitcoin the bitcoin 2.0 with escrow, etc etc http://c-spanvideo.org/program/DigitalCu 2:19:40 You tease! I almost had a heart attack reading that! In order to skip to that segment, I had to create an account on C-Span in order to create a sub-clip in order to listen to that part. Fascinating stuff, but no mention of Mastercoin (except possibly by allusion when they were talking about future features built on bitcoin). I'm relieved - I'd rather fly under the radar for now LOL you are one of a kind dude... |
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the gold bugs believe in the end of the world and the internet. i don't. that Armageddon play itself is doomed. Bitcoin doesn't mean Armageddon, it is financial innovation. i think the US will somehow weave it's way through the mess we find ourselves in and incorporate Bitcoin in some very useful way. yes, it will take time. that is indeed optimistic isn't it? but Bitcoin is going to prove to be a powerful tool that will benefit all of mankind and i think the US realizes it can't afford to shun it.
I'm both more optimistic and more pessimistic or wary than I gather you are. I'm more optimistic about what Bitcoin will achieve for the world, but more wary about what the central bankers will do when they realize the extent of the threat. I'm not saying I necessarily expect these government people to be up in arms, but I expect someone in the power elite to be. Probably many people. I'm not necessarily pessimistic, just wary of what kind of attacks will come. I don't think the banking dynasties will give up without an epic fight, if they aren't too blindsided to wage one. Right now my best read is that most of these regulators don't comprehend the full extent of what is happening. I'd like it to stay that way. Most of them will be out of a job if Bitcoin succeeds. Big government is very hard to do without money printing, whether they realize that or not. they already realize the threat. the papers over the last 2 yrs from the ECB, Nicholas Plassaras/IMF, the Chicago Fed, the FBI, etc. all point to that fact. this was also mentioned yesterday by Shassky. they have been concentrating on Bitcoin for 2 yrs now and i'm sure they have a full understanding of it. they aren't stupid. it would be a mistake to assume so. but that doesn't necessarily mean they will go nuclear and try to kill Bitcoin. based on what they said yesterday, the opposite could happen. the price itself is telling us this will be so. Bitcoin could be used to save the US from it's financial problems if they let it rise to it's natural level and even use it to replace the Gold Standard from 1971. this is what i have argued could/should be Bitcoin's final destiny: back the USD with Bitcoin. I bet the BRICS will issue first a basket currency including bitcoin... |
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