Thanks. If you think I'm the lowest common denominator intellectually, then well, I hope you're financially diversified.
Haha, good post  It is true that we need to make a failsafe client for really computer-retarded persons. But a client like Offspring is close to that. Can't make much wrong with it! |
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Guys need to seriously think about your emotional attachment to a crypto currency.
You have been rather emotional yourself - your "legitimate" questions I think have been reasonably answered (if not in as "polite a fashion" as you would be happier with - but I think you didn't help yourself with your own way of asking the questions). Some were polite. Some were d1cks. I've tried to thank the people that politely helped. Yes I was emotional when I figured out I waited 16hrs for coins and I'd never see them. I sincerely believe this coin is a flop and I'll not participate further. I find the emotional attachment and cognitive dissonance exhibited in this thread rather alarming. I do not like the way this coin was distributed. I do not like the min transaction fee. I do not like the very poor software that's still recommended in the OP of a coin that's been around for months. People have acknowledged that some of my concerns have been addressed in some future release without a release date. That's great, but this coin should be well beyond this point by now. These things move quickly. That is your opinion and you are entiteld to it. But don't make assuptions like: "should be well beyond this point by now" . What NEW coin (as in no Fork) was any good after 5 months? I think NXT is doing great, we have a long journey before us, but we have achieved much! |
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Wasn't this released last year?!?
What is taking so long for basic changes? Is it one guy in his basement on an 8088?
Something basic for you doesn't mean easy for others, if it is easy for you why not you do the changes ? More insults...swell. Guys need to seriously think about your emotional attachment to a crypto currency. You come of ridiculous. First you made a mistake and now blame the poor client and the crappy coin. Then you criticise the minfee. Bitcoin has a minfee of 0.0001 BTC or 10000 satoshis (effective minfee, as the lower fee isn't really working right now). You attack a currency that made more in 5 months than most coins will do in their lifetime. Sir, please get your facts straight or leave this thread. Many people pointed you in the right direction, if you choose to ignore those posts, then you, sir, are a troll. |
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happy to be on it if you're so blind that you cannot see the problem with this.
Don't get emotionally involved with your coin choice.
I actually agree with you. The built-in client can be confusing for people used to bitcoin and the it's clones. People don't read the dialog box at the login. You probably just hit entered without entering any passphrase. That client (which was supposed to be temporary) lasted way too long. It's sceduled to be replaced with this one in near future http://nxtra.org/nxt-wallet/Try that one and it won't let you make that mistake easily, as it will create the pass phrase for you. Thank you for the non-insulting comment. Patience & tolerance seem to be lacking in this thread. I think it's fair to say that if this client that I downloaded yesterday and ran on the most common os in mass use can screw up that badly at protecting me from myself then this coin is not for me and I will not bet on it's future adoption. Had this occurred late last year when this thing was new I could've excused this, but after months if this thing is still to dumb to protect people that re-use another's password then I have no hope for it. The point of Nxt is to be able to access your Nxt from any computer at any location, so we can't have safeguards warning of duplicated password logins. The best thing to do is memorize the last 5-6 digits of your account #, so that you know something is wrong if you enter the wrong passcode. I get that. Think I'd rather stick to coins with wallet.dat files and move coins to online wallets as necessary. Wie do have such a client. Just Google offspring nxt client. |
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No password = no account number. How is that not simple in software?
If john smith for instance uses his name as his password(not smart) the chances that someone else has used that password increases exponentially with adoption, but the software won't warn the 37th john smith of that and will merrily send john smith(#1) all of the other john smith's coins. Correct?
This system sucks. If this basic stuff hasn't been worked out in april of 2014 then these programmers are knuckleheads and everyone should abandon ship.
Just follow the security advise on the site. It clearly says 30 digits password. Noone was able to lose his coins in a way like you. It is your fault for not double checking if you entered the right password.. |
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when the BTC of first stage IPO will release to eXo dev?
Anon said, he will release, when the eXo coins will be distributed on a working system. |
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WTS 1M NAS for 0.8 BTC. Please PM with offers!
srsly? Do you guys even think before you write something??? 0.8 BTC for 1 mio NAS = a total market capitalization of 8000 BTC. |
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Just out of curiosity are there still any whales playing or is it just a stream of small time causal bettors? Nakowa's run must have been rediculously scary for investors though, luckily it worked out in the end.
After nakowa there were quite a handful of small and middle whales, having swings of up to 1-2k BTC. The last weeks the bets are a bit smaller, but the volume is still impressive at over 5000 BTC per day wagered 2014-03-01 2881.57403916
2014-03-02 1621.19345974
2014-03-03 1850.26581737
2014-03-04 3152.76729676
2014-03-05 2863.34770083
2014-03-06 1667.07984925
2014-03-07 2009.74468361
2014-03-08 1677.23778284
2014-03-09 2261.41540409
2014-03-10 1671.69137596
2014-03-11 1300.63882411
2014-03-12 4274.45013203
2014-03-13 2099.30169777
2014-03-14 2585.91854967
2014-03-15 1228.83488520
2014-03-16 1598.03733018
2014-03-17 2858.66257384
2014-03-18 1446.35175168
2014-03-19 3970.57289076
2014-03-20 2150.57874593
2014-03-21 1272.46097448
2014-03-22 1196.77087807
2014-03-23 1593.16900766
2014-03-24 2545.19255213
2014-03-25 5024.21415800
2014-03-26 2043.66689120
2014-03-27 2437.42137509
2014-03-28 1974.45138887
2014-03-29 3022.96369231
2014-03-30 1804.93133218
2014-03-31 1704.04791732
2014-04-01 2183.45079151
2014-04-02 3053.11843838
2014-04-03 2673.79021609
2014-04-04 2570.89250076 since 1st of march there was only a single day with a volume of >5k BTC  Whoopsi! I am not so much uptodate by the looks of it! But compared to other gambling sites, this is a very good volume! |
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Next difficulty retarget occurs at block 294335.0 (eta 1.5 hrs): 6132793309.73 / +22.5% [est.] crazy climb up difficulty  if miners buy mining rig using BTC, it will be fine because BTC price is cheap now
Ha? Quite the opposite is the case! If you buy with cheap BTC you pay much more BTC. But you don't earn more BTC because of that. It is good to invest into hardware at HIGH prices.! |
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Why all these haters of NEM - are you afraid of NEM ?
NEM and NXT could widely coexist in my op.
The best could be to give both a real chance to grow and to establish.
Where exactely am i hating NEM? I want it to succeed as i have a stake in it, I just post facts so that people get a good idea where the coin is right now. I hate it when people spread FUD, and saying a coin is superior even though it is only existing on the drawing boards is spreading FUD! Well, all aren't such techies like you  There are common people, who play lottery, though they know that the possibilities to win are one against millions, they buy a new ice cream flavor, though they know that it won't beat their favorite. And they see something new coming, when it is just talked about... in good and in bad. When there were protests in Kiev at the end of 2013, they thought that something bad is going to happen. A techie may have thought in a different way. When there in some community were plans planned and commented and checked, they thought that something good will happen. A techie may think in a different way. Hey, that makes me sound like I can't imagine where this coin might go! I totally think that it can be awesome. But to talk about that like it will surely happen is a bit missleading |
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I agree that speculating on NEM is just for fun at this point, so we'll have to see. But, NXT has a lot of vulnerabilities. Losing BCNext is not good and Cfb may also leave. NEM has 5 devs who actually communicate with people. I also like the branding of New Economy Movement better than NXT. NXT wants to do all these huge things, which is great, but they are all over the place and can't get basic things right: Lots of people, not just newbies, lose money because their "brain wallet" gets cracked. A huge flaw was discovered by Dr. Evil which doesn't give people confidence. The address format sucks. NXT needs to get it together.
BCNext never planned to stay on the project, so we didn't really had the chance to keep him  C-f-B will stay atleast stimm summer. Our main dev Jean-Luc is going strong as always. James and Cyiam are 2 C programmers working on protocol layers. Wesleyh and Nexern work on Testnet and .exe clients. We have 5 other very competent cleint devs. Overall we have about 20 people working on the core and very corerelated projects. Nearly all of them are very responsive in our new forum... Yes we have some flaws, but we always fix them fast. BTC had way more flaws in its first year! All clients warn about weak passwords, I know most people don't give a shit about that, but it is the same with wallet.dat's left undecrypted on dropbox by newbies. Our Offspring client uses a wallet file for that, so use that if you are worried. Address format is ok, it just lacks a checksum imo. |
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Why doesn't the software just warn you and *NOT* show an account number? How would I know it's someone elses?
This is the most rudimentary of safeguards we're talking about. People have been bashing on btc for not being simple enough for the uninitiated for years, yet btc 2.0 is even worse?!?
How would the software know that it needs to warn you? The account without a passphrase is a valid account. |
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See the technical page http://chancecoin.com/technical, note the special payout mechanism designed. "One might assume that when a Chancecoin gambler wins or loses a bet, CHA is transferred between his wallet and the wallets of the other CHA holders. In fact, this is not the way Chancecoin's payout system works. When a Chancecoin gambler wins or loses a bet, his balance is the only balance that changes, but the effect is still the same as in the standard payout system. To illustrate this, let's go through the two cases, where the gambler wins and the gambler loses. ......................... ......................... ......................... Chancecoin always fixes the amount of CHA held by the remaining CHA owners who are not gambling and adjusts the amount of CHA held by the gambler, depending on whether he wins or loses. The assumption is that the exchange rate will adjust so that the USD market values of the gambler and the remaining CHA holders match what they would be under the standard payout system after the bet is resolved." What exactely don't you understand with this?` Case A: Gambler wins and there are more CHA in existence. Thus he wins and all other stakeholders suffer because the additional CHA make every other CHA a bit less valuable. Outcome: exactely as expected. Case B: Gambler loses and there are now less CHA in existence. Thus he loses and all other stakeholders profit because now there are less total CHA in existence, thus making every CHA more valuable. This is a very elegant solution to a problem that would otherwise have to settle each bet with an infinite number of transactions to EACH stakeholder. I like it |
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Since both parties have indicated an interest in the escrow agreement being made public, I am posting it in its initial form here. If any errors are identified, or if any clarifications are needed, or if any of the conditions change due to additional negotiation prior to the funding of the escrow address, please contact me and I'll update the agreement as necessary. Furthermore, a copy of this agreement which includes contact information for the escrow holder is being sent via PM to both parties. The publicly posted agreement takes precedence if there are any material differences between the publicly posted agreement and the privately communicated agreement. -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512 Escrow ID: 201404050000 The escrow address for the vanilla european call option beginning on 2014-04-05 between smooth (the call buyer) and TwinWinNerD (the call seller) will be: 1PT976p57RheCsEQ4RfNQbjz3sYTLzHAqu Please agree to any conditions (quantity, price, payment method, transaction fees, penalties, conflict resolution, etc) beforehand. If possible, GPG sign your agreement to prevent any discrepancies later on. GPG signing is not a requirement, and any written exchange in the form of private messages or posts on bitcointalk.org, communication seen by me in IRC, or email is effective as a 'statement of condition'. Please understand that I am doing this as a community service for users of bitcointalk, I am assuming the risk of holding the escrowed Bitcoins, and I am using my own time to facilitate this transaction. As such, if it does not represent a burden to do so, please consider sending a bitcoin gratuity to 15rgGwpaAXzi5DgG3UkkFodKiRd1UMsor4 (valid for this transaction only) after the satisfactory resolution of this transaction. This Contract is solely generated for the purpose of facilitating the transaction between the call buyer and the call seller, identified by the pseudonyms used on bitcointalk.org The escrow holder, Daniel Hamilton (pseudonym DannyHamilton), assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of. On the event that any problems arise, he will release the escrow to whichever party presents him with the most convincing proof and after an open discussion with others and the moderators of bitcointalk.org. Neither party should fund the escrow address or provide anything of value to the counter-party until the terms of escrow release have been determined and agreed to by both parties. If no other conditions are received, the default conditions of the contract assume: This is an agreement for a vanilla european call option to purchase exactly 1 BTC with a strike price of (BitStamp last trade + $201.35) where BitStamp last trade is to be determined by mutual agreement and communicated by both parties to the escrow holder prior to the funding of the escrow address and an expiration of end of day UTC 2014-04-15. The purchase price of the option is 0.065 BTC. The call option buyer will pay the purchase price to escrow, and the call option seller will pay the remaining 0.935 BTC to escrow to bring the total escrowed funds to exactly 1 BTC. All parties will wait for at least 3 confirmations on both escrow transactions before considering this agreement to be in force. If the BitStamp exchange rate on the last trade of 2014-04-15 UTC is less than or equal to the strike price for this option, the option will expire and the entire 1 BTC from escrow funds will be sent to the call seller. If the BitStamp exchange rate on the last trade of 2014-04-15 UTC (market_price) exceeds the strike price for this call option, the option will automatically be exercised and the profit will be sent from the escrow funds to the call purchaser, with the remainder of the escrow funds being sent to the call seller. Bitcoin profit at expiration, if the market price is higher than the strike price, will be calculated as ((market_price - strike_price) / market_price). To add, change, or remove the release conditions, both the bitcoin provider and bitcoin receiver must communicate their acceptance of the modified terms with the escrow holder. The written acceptance by both parties and the sending of bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated as well as acceptance of any mutually agreed escrow release conditions, and the activation of this agreement. The following contact information can be used if the bitcointalk website becomes unresponsive before the transaction is complete: - - REDACTED - Thank you. DannyHamilton (the escrow holder) 2014-04-05 05:00 UTC Escrow: 1PT976p57RheCsEQ4RfNQbjz3sYTLzHAqu (valid for this transaction only) Tips: 15rgGwpaAXzi5DgG3UkkFodKiRd1UMsor4 (valid for this transaction only) -----BEGIN PGP SIGNATURE----- Version: GnuPG/MacGPG2 v2.0.22 (Darwin) Comment: GPGTools - https://gpgtools.orgiQEcBAEBCgAGBQJTP40EAAoJEN6cvAAgyl4FNPsIAJSIghDSTF0BBtgSQMPnYK+T X0Cc9Xh2bUo40FWdn1ii0IuHvz/Dm9vXq7RYFYoC1QF3JrJWS5Wddhi5dZOCFSpN SPecCJFuWieVaLAKtKepKKpkS6T7NYaac9lGqPhx7CskddjE5+Ik99hCXPvOKo90 a6npNewO4qXeXv0LZ+/gfTdFz1ug8mloEFGBufMpoJKjp0nJM+HKhCRB9JZ5Ih0H X8cwS+SjSN10SyJMISmNOKGW1lrYaBfokbXRcB46hn+DVnCiS5OUGq5GZ/ENEjhg /yECJJ5WKBKe3c+vUNouM+1te2Ny9CZuPulaLSTwEMYvhX282+fA0PSDoan8t5Q= =hHwj -----END PGP SIGNATURE----- I agree. The 0.935 BTC will come from an exchange, and i want the payout to 18888888PPJ8oGeqR6AKmoiKUme9da48Xf. Quote this please. |
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I'm ready to go Twin, how about you. If you reply to this post we can use that timestamp to determine the strike price. When you reply to this I will consider the trade done and we should proceed to both fund escrow.
Yes, lets go. Last stamp is 448.9$ |
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Im not on my PC anymore. But yeah I prefer public too!
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This is true but mining gives a continuous bitcoin flow to the miner. People can and have at various times made a bitcoin profit from mining. That is more bitcoins mined than bitcoins spent on hardware. Don't forget that bitcoin is worth more to the miner than the NPV of the investment. This is obvious otherwise no one would ever do it. If you want to truly understand the connection between price and hash rate you have to understand this point. Some people will mine at a loss.
I know that people have made a profit from investing into BTC hardware with FIAT. But at no time, where a Investment into mining hardware with BTC profitable in terms of USD. (I don't count the time when BTC was 1200 USD and then some hardware was bought) |
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At the current rate of block generation (with some blocks being generated sometimes 7 minutes after the last), I'd guess that we'll reach the final block for burning between the 23rd of this month and the 2nd of May. What happens if only a miniscule amount of Chancecoins are created in the burn period? I propose indefinitely extending the burn period until you guys reach a minimum amount of CHA you're both comfortable on starting the project with. At the current rate, it doesn't even look like a million coins will be created.
Changing the burn period would harm the integrity of the coin, so we are not willing to change the burn period. The coins are divisible to the hundred millionths of a coin, so even if there are only 25,000 CHA in existence, that's still enough for the Chancecoin casino to operate. I agree, the amount doesnt matter too much. Also could you please check the amount of CHA on this address? 18888888PPJ8oGeqR6AKmoiKUme9da48Xf (Still cant get passed that damn block, even after deleting the DB and rescanning ) Sure, I see 208.18287037 CHA there. Also, do you know what the issue could be? I work within a VM on a tinyXP Windows. The blockchain is uptodate and it is txindex=1 with a rescan. When i delete the DB of chancecoin it starts downloading up to the block XXXXXX and always stops at exactely this block. What trouble shooting can i do? Which block does it stop on? I'll look into it. 292091 I deleted the DB 3 times, always scans to this block, then stops. Could you tell me what you see in the log file (same directory as the db)? I don't see any logfile, do i need to enable logging anywhere?  |
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After nakowa there were quite a handful of small and middle whales, having swings of up to 1-2k BTC. The last weeks the bets are a bit smaller, but the volume is still impressive at over 5000 BTC per day wagered
Ah ok, might be a good time to invest and make use of that 1% edge and less whales whose variance could screw things up. Just another question, of the sites bankroll how much of it is doog's own BTC? Not 100% sure, but he did say he had about 1k in there sometime, but also said something about devesting himself. I'd guess 0 BTC or 900-1500 BTC |
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