Your missing my point. The clone doesn't need a following to be useful. It may have just one purpose: a single company selling stocks to select people all on their own website. Unlike BTC which IS useful because of its popularity MSC can be useful with a very small audience. The new MSC can be worthless but they will still perform the function needed. That's why I'm skeptical a huge price for MSC can be sustained. It's not necessary. All alt coins (more or less) perform the functions of BTC - in many aspects A LOT better. Anoncoin is better in anonymity, LTC faster etc. Check their value compared to BTC. EDIT: The company you are referring to will opt to MSC because of the first mover advantage - network effect, bigger user/customer base! But those are trying to be currency. Popularity is important. If you want to track bitcoins in a blockchain then MSC can do that. But so can any other copy. Value is not important and if the company offers the shares directly from their site why would they care how popular a competitor is? Bitcoin is a currency AND a payment system! |
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Your missing my point. The clone doesn't need a following to be useful. It may have just one purpose: a single company selling stocks to select people all on their own website. Unlike BTC which IS useful because of its popularity MSC can be useful with a very small audience. The new MSC can be worthless but they will still perform the function needed. That's why I'm skeptical a huge price for MSC can be sustained. It's not necessary. All alt coins (more or less) perform the functions of BTC - in many aspects A LOT better. Anoncoin is better in anonymity, LTC faster etc. Check their value compared to BTC. EDIT: The company you are referring to will opt to MSC because of the first mover advantage - network effect, bigger user/customer base! |
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And all that funding can easily be used by the copy cat. OK - then you should start now. You be the copy cat. You easily use that funding. Start now. Wait. Not so easy is it? Why don't you just go make MastercoinCopy? It's not so easy - is it? If it were easy, you'd be doing it now. The total market value of Mastercoin at today's price ((.09BTC/MSC)*600K*(220$/BTC)) is $12Million. If you could copy MSC to make MSC2 - you'd have 12 million!!. Better start today! There's no rush. It would be better to wait for MSC to mature and develop more. Then when a company wants to do an IPO integrate a web interface into their website and use their own copied MSC. They can then use all of MSC features and have a fully functional and secure IPO with very little cost. Or I guess they could spend more BTC on getting original MSC and do the exact same thing. And struggle all your life to beat the No1, like LTC tries to do with BTC. Good luck with that.. What's to beat? They get the functionality they need for free. They don't have to be more valuable than MSC. They just need to use coins to transfer assets. They don't care if their version of MSC is valuable or not. Dream on.. They don't NEED to have a following. The MSC protocol can be used by anyone. My point is that they can use their own copy and it will function exactly the same. IF MSC is expensive, then why not? Especially if all they need to use it for is an IPO? Ever heard of Metcalfe? Nope. EDIT: "6. The more valuable you are, the more valuable you become. Metcalfe’s Law, because it’s exponential, indicates that once you cross that critical mass threshold, your network effectively begins to power itself. The faster you can get to critical mass, the faster you’ll get value out of it and the more value you’ll derive from it. This is more or less a mathematical reinforcement of the Matthew effect, a Biblical quote which states that the rich get richer while the poor get poorer. In social media, the more popular you are, the more popular you are. The difference is that you have the tools and access in social media that you don’t have in, say, financial investing. Getting started and growing out of a poor social network is much easier and faster than exiting a poor economic situation." |
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And all that funding can easily be used by the copy cat. OK - then you should start now. You be the copy cat. You easily use that funding. Start now. Wait. Not so easy is it? Why don't you just go make MastercoinCopy? It's not so easy - is it? If it were easy, you'd be doing it now. The total market value of Mastercoin at today's price ((.09BTC/MSC)*600K*(220$/BTC)) is $12Million. If you could copy MSC to make MSC2 - you'd have 12 million!!. Better start today! There's no rush. It would be better to wait for MSC to mature and develop more. Then when a company wants to do an IPO integrate a web interface into their website and use their own copied MSC. They can then use all of MSC features and have a fully functional and secure IPO with very little cost. Or I guess they could spend more BTC on getting original MSC and do the exact same thing. And struggle all your life to beat the No1, like LTC tries to do with BTC. Good luck with that.. What's to beat? They get the functionality they need for free. They don't have to be more valuable than MSC. They just need to use coins to transfer assets. They don't care if their version of MSC is valuable or not. Dream on.. They don't NEED to have a following. The MSC protocol can be used by anyone. My point is that they can use their own copy and it will function exactly the same. IF MSC is expensive, then why not? Especially if all they need to use it for is an IPO? Ever heard of Metcalfe? |
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And all that funding can easily be used by the copy cat. OK - then you should start now. You be the copy cat. You easily use that funding. Start now. Wait. Not so easy is it? Why don't you just go make MastercoinCopy? It's not so easy - is it? If it were easy, you'd be doing it now. The total market value of Mastercoin at today's price ((.09BTC/MSC)*600K*(220$/BTC)) is $12Million. If you could copy MSC to make MSC2 - you'd have 12 million!!. Better start today! There's no rush. It would be better to wait for MSC to mature and develop more. Then when a company wants to do an IPO integrate a web interface into their website and use their own copied MSC. They can then use all of MSC features and have a fully functional and secure IPO with very little cost. Or I guess they could spend more BTC on getting original MSC and do the exact same thing. And struggle all your life to beat the No1, like LTC tries to do with BTC. Good luck with that.. What's to beat? They get the functionality they need for free. They don't have to be more valuable than MSC. They just need to use coins to transfer assets. They don't care if their version of MSC is valuable or not. Dream on.. |
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And all that funding can easily be used by the copy cat. OK - then you should start now. You be the copy cat. You easily use that funding. Start now. Wait. Not so easy is it? Why don't you just go make MastercoinCopy? It's not so easy - is it? If it were easy, you'd be doing it now. The total market value of Mastercoin at today's price ((.09BTC/MSC)*600K*(220$/BTC)) is $12Million. If you could copy MSC to make MSC2 - you'd have 12 million!!. Better start today! There's no rush. It would be better to wait for MSC to mature and develop more. Then when a company wants to do an IPO integrate a web interface into their website and use their own copied MSC. They can then use all of MSC features and have a fully functional and secure IPO with very little cost. Or I guess they could spend more BTC on getting original MSC and do the exact same thing. And struggle all your life to beat the No1, like LTC tries to do with BTC. Good luck with that.. |
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Github source updated with a checkpoint.
We need a new logo  . I like the concept, but needs to be better! Bounty for a new one! |
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At the moment ~52,631,578 NXT for 1 BTC.
I had send 0.63BTC - I want to fill up to 1BTC. What is the way to proceed? Shall I use the same phrase for the hash or a new one? |
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You gave a very nice high level explanation of Mastercoin. Except the financial advice at the end (imo). Then you should sell your Mastercoin to me immediately. Can you please PM me with transfer address so we can save time with this? I don't want to lose any more money. I meant, it was out of context. Keep cool. Nonsense as usual... |
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NSoogleA
That aggregation didn't really work.Lol I know, but could not find something else! But the idea behind and the question is real good... America is out of controle! Mike is a star on his own - he needs no Google light to shine, that's all... |
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Why do you think LTC is piece of shit? Why would be successful only BTC? In comparison to other crypto LTC has few features to offer.
I am too bored to explain (sorry mate) and I hope people do not take it personally - I am just honest on how I feel. Let's say I hate the speculative trolls it has gathered (see btc-e trollbox). And all I see by far is a pump & dump coin... |
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So why is not ebay already using bitcoins?
And what about Amazon?
Thoughts?
EDIT: FinCEN guidance was clearly not touching them!
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Taco , im going to be honest I didn't read anything.
But I assume you are saying its undervalued, if so you are right.
But im going to say its not.
Probably in bubble mode - 0.5$/LTC would be a reasonable price. |
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62/38 is actually conservative, considering that (in Mt.Gox) any random week has in 64% probability been positive, only 36% negative.
Serious stuff...
Top before Christmas? 350? 500? 1000? (Stamp price) Is it really necessary to say "stamp price"  Considering that Gox price would be... 360? 512? 1015? LOL. And considering coinbase has been just under Gox (at least earlier this week it was), so now the "Goxbux" fanatics don't have any more ammo (since anyone with "goxbux" can sell on CB for 3% under) It's like we haven't had spread between exchanges for the entire history of bitcoin! It's like people are just discovering it now... I remember when BitFloor was a whole $5-$10 over Gox and no one was whining about "BitFloorBux" and how "BF price is fake!"  Well the thread is not title after MtGox any more, so I think it is useful to clarify. Do you think it will be more difficult to break 266$ on Gox or Stamp? Indulge me... |
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NSoogleA
That aggregation didn't really work.Lol I know, but could not find something else! |
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We are going to be very clear to the customers what we offer;
Pegged Wallets, their funds are held in BTC in their own wallet, we will balance their wallet on rate increases and decreases to ensure the BTC is always equal to the amount of Euros their balance should be, the benefits of this is the cryptographic storage of their money.
BTC Wallets, is Bitcoin in its full glory up and down movements just a simple user interface so the customer doesn't have to use a 34 character public key (if they want to use it in raw format, they can do).
Time Based Wallets, We will provide the protection from negative movements and give the customer a % of any growth, in return for keeping those BTC hoarded for a specified period of time.
Each customer will have a URL to check their BTC balance live on the blockchain.
I have been extremely clear about the above throughout, I have also releasing more and more information regarding additional services that will be generating revenue for Neo & Bee.
Yes the big boys could try and destroy us, but how long will it take for them to stop laughing at the little guy, long enough for us to be strong enough to resist? If Bitcoin doesn't take the step towards the true mass adoption, then it will eventually fizzle out as a fad.
This & DarkWallet (my opinion, apologies if you do not want to be mentioned in par with them, but this is how I see it) are the biggest Bull testicles in the cryptos ecosystem for a long time now. Kudos for being so bullish man! |
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LTC is useless shit - hope it dies sooner than later.
No trolling.
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62/38 is actually conservative, considering that (in Mt.Gox) any random week has in 64% probability been positive, only 36% negative.
Serious stuff...
Top before Christmas? 350? 500? 1000? (Stamp price) |
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I like very much ripple as a transaction platform - way better than bitcoin but a lot less anonymous, can be confiscated more easily, not good store of value etc.
Given that list, in what way is Ripple better than Bitcoin? "This guy is the world's best surgeon, except that he routinely amputates the wrong limbs, operates drunk, and is also blind." Ever paid a service (like Private Internet Access VPN) with Ripple? Heck, it even puts LTC into shame... |
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The troll idiot gives ripple actually a bad name...
I like very much ripple as a transaction platform - way better than bitcoin but a lot less anonymous, can be confiscated more easily, not good store of value etc.
I see no reason why someone should not hold both (as far as he invest no more than he can lose blablablah...)
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