lmao To the OP: yes 1 BTC will always be 1 BTC and that is the main thing for sure
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There are already decentralized answers like XCP and although many argue it is too centralized Ripple also solves this problem. So basically the problem is already solved. Next! Plus there are other solutions in Bitcoin itself like multi-sig transactions. OP I think you need to learn a bit more about how BTC works
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SpaceBIT, The First Decentralized Space Company, Is Pleased To Announce The Unprecedented Space Banking Project For Digital Currencies Ian Angell, Emeritus Professor at the London School of Economics and a co-founder of SpaceBIT, is available for interviews The company is set to launch a constellation of nano-satellites that will act not only as depositories for digital cash, but also as a platform to provide global and universal access to remote areas around the globe where payment infrastructures are non-existent. http://finance.yahoo.com/news/spacebit-introduces-first-ever-space-044600698.htmlNice find their and am sure will be interesting to see how this progresses into the future. I did hear of something like this been done last year with Bitcoin in space. Will have to see how this progresses and unfolds. The only problem is tho if their going to try and act or be acting as a crypto bank then what happens if that gets hit by a space storm or hit buy a meteorite knocks it offline and moves off earth's atmosphere. Then all the coin that it holds is gone into space never to be seen again. In some ways I do like the idea of it but in others I do not. That's true I hope they figure out some kind of redundancy so coins can't get lost in space forever. I like that Ian Angell, Emeritus Professor at the London School of Economics and a co-founder of SpaceBIT, is available for interviews. Seems to be a serious project.
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I could be wrong but my gut tells me they're telling the truth and everything will be fine.
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HODL!
I'm actually going to stash my coins for the moment, there may be a buyback that causes Bitcoin to rise again because of this, it's just a question of what will trigger it, finally, something interesting is happening.
Agreed. This could be the cheapest coins we see for a very long time. Interesting point I thought I'd make here, while the Bitcoin price certainly has gone down difficulty is holding and going up slightly sooo The ecosystem itself is the strongest its ever been regardless of the exchange rate And yes I noticed the new diff increase too
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HODL!
I'm actually going to stash my coins for the moment, there may be a buyback that causes Bitcoin to rise again because of this, it's just a question of what will trigger it, finally, something interesting is happening.
Agreed. This could be the cheapest coins we see for a very long time.
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so that 40 dollar price drop yesterday was because of this hack? am i right?
i think yea because people are afraid of mt.gox shutdown and don't want to take risk anymore they think bitstamp is next after mt.gox I think the price drop was before the hack actually .... and because of the fake transactions. all big exchangers reported fake transactions. almost 50% are fake. they manipulated the Bitcoin price and Bitstamp is not a stranger of this, being the 3rd one as volume. https://www.cryptocoinsnews.com/fake-transaction-chains-double-2014-bitcoin-volume/That article doesn't say anything about exchanges faking transactions? Even without the long chain transactions the article refers to - Bitcoin transactions have been steadily increasing. Not really sure what evidence you have for your claims?
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Very bad news, they handled it well though.
That remains to be seen. If they are telling the truth and they have the funds to cover all customer Bitcoin (and don't take 6 months to return it to people) then they have handled it very well indeed.
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so that 40 dollar price drop yesterday was because of this hack? am i right?
i think yea because people are afraid of mt.gox shutdown and don't want to take risk anymore they think bitstamp is next after mt.gox I think the price drop was before the hack actually ....
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Bitstamp problem is on the news : http://www.cnbc.com/id/10230975412 hours without any update ! Ask your money back by bank wire. They must have the money in their bank account. Do not be passive as you were with Mt.Gox. Claim your money back. Almost all the deposits were made by bank wire to Bitstamp so they have your money Well if you take what they are saying at face value: "As a security precaution against compromises Bitstamp only maintains a small fraction of customer bitcoins in online systems. Bitstamp maintains more than enough offline reserves to cover the compromised bitcoins. " There is probably nothing to worry about. Time will tell I suppose. let's say these are the facts. is it hard to write another update? there are many people who are waiting few words. also, i don't blame anybody who is worried because MTgox felt almost in the same way. Sure if I had coins in Bitstamp I would be worried too. IF Bitstamp are telling the truth everything will be ok. Time will tell.
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Bitstamp problem is on the news : http://www.cnbc.com/id/10230975412 hours without any update ! Ask your money back by bank wire. They must have the money in their bank account. Do not be passive as you were with Mt.Gox. Claim your money back. Almost all the deposits were made by bank wire to Bitstamp so they have your money Well if you take what they are saying at face value: "As a security precaution against compromises Bitstamp only maintains a small fraction of customer bitcoins in online systems. Bitstamp maintains more than enough offline reserves to cover the compromised bitcoins. " There is probably nothing to worry about. Time will tell I suppose.
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Major bitcoin exchange suspended after price plunge... Some, however, are not buying this explanation.
"Don't believe Bitstamp. It's a matter of liquidity," Jeffrey Robinson, author "BitCon: The Naked Truth about Bitcoin" wrote to CNBC. "Who's next? It's as if Bitstamp realized they couldn't internalize the risk anymore so just decided, Let's suspend operations until everything settles down." ... No matter what the cause of the service halt, Monday's news will be of key importance for the future of the cryptocurrency, according to "Fast Money" trader Brian Kelly.
"This is a critical moment for Bitcoin. As Adam Smith said, 'all money is a matter of confidence' and the reaction to this potential hack will either serve to undermine or bolster confidence," he wrote.
... http://www.cnbc.com/id/102309754KEY MOMENT GUYS! ALL OR NOTHING NOW ! DO THE RIGHT THING BITCOIN! Heard it all before. Seen it all before. Nothing to worry about the Bitcoin ecosystem itself is actually stronger than ever.
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SpaceBIT, The First Decentralized Space Company, Is Pleased To Announce The Unprecedented Space Banking Project For Digital Currencies Ian Angell, Emeritus Professor at the London School of Economics and a co-founder of SpaceBIT, is available for interviews The company is set to launch a constellation of nano-satellites that will act not only as depositories for digital cash, but also as a platform to provide global and universal access to remote areas around the globe where payment infrastructures are non-existent. http://finance.yahoo.com/news/spacebit-introduces-first-ever-space-044600698.html
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0.2 btc weekly trade is not hard to do. We can keep it up
Any update on the UFO Foundation? Developments like that are what will really keep the coin healthy. It has a lot of potential. Let me know!
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I know its not super high pos, but have you taken a hard look at Diamond DMD coin ? 50% interest.
Yeah, it's squeaking by at the lower part of the first page on CMC. Honestly I looked at it plus HYPER before, as well as a bunch of other coins, and didn't like it. Unless something has changed, I don't see what will take it to say $400k, or above market cap. The only altcoins I'm in atm are XAI (Sapience), XQN (Quotient), and SDC (Shadowcash), as well as possible scam LTCGear. Of these, only XQN is high PoS. Fair enough. Well you should take a look at the HYPER thread https://bitcointalk.org/index.php?topic=624651.0 wiki http://hypercrypto.com/wiki and twitter http://twitter.com/hypercrypto there has been a lot of development and there is a lot more on the way. Someone just made this video today for example https://www.youtube.com/watch?v=cMTt3zAJgpg Honestly I see more development happening with HYPER and it's ecosystem than 99% of alts out there. The 5% monthly PoS is nice too But it sounds like maybe you aren't so much into the PoS coins anymore.
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Hyper promotion. I just received two new posts notification. One on CrazySteak journal and one here The first one was by psybit promoting Hyper The second one was by... psybit promoting Hyper Well... Well I'm happy with how HYPER is shaping up. Both posts were relevant to the discussions! I mentioned HYPER here as an example of a high PoS coin that has held it's value as the previous poster said there weren't any. I'm on your team I love PoS! I like Hyperstake too but I think of it more as an experiment as the PoS is very, very high.
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Is HYPER in your portfolio yet CrazyLoaf? Over 50 BTC trading volume on Bittrex, 5% monthly PoS for another 4.5 years, and many developers working on various projects: https://bitcointalk.org/index.php?topic=624651.0It's my favorite high PoS coin by far (due to the overly active dev team) and the only one that has steadily increased in value over the last 6 months.
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whoever think of HYPerstake "coin" as a "currency" - I suggest allready does not follow the development of the crypto world.. What you can buy and where for HYPerstake coin - is just as rear as exchange carrots for potatos in the net! And monetary laws are not applyed correctly here! This experiment shows that it acts more like an Asset, then store of value and as the way to transfer money //if you want to transfer 1 Million$ with HYP you are going to turn it to BTC first - then buy HYP and send it.. then another person will have to do the opposit to extract the uknown amount of $ at the end So the most IMPOTRANT thing about HYP and all High POS "coins" is about STAKE RATE.. so damaging the amount through different ways is I think not smart! HYP is not realy a liquid cash becouse you miss stake if you trade goods and services with the coin directly. But high stake coin in a coinbasket can be very usefull. In future may be a coinbasket wallet (someting like SuperNet) givers a coin like HYP or BALLS more value. Then the HYP part is your reserve and can be transformed into cashcoin like BTC or Fiat. Actualy I work on an idea like that with several coins where I own much coins from. HYP can also be part of a (the) coinbasket. Please, no High PoS basket. We need rid of most of these coins. The only one that approaches a semi reasonable market cap level is Novacoin (NVC), which honestly, is almost the only one I could see jumping back up in value in a crypto bull market. It had $30k volume today in this terrible bear market and is still roughly $500k in market cap. HBN is only other one close to $100k in market cap, but its volume is so poor at times (today it's $200, I've seen it below $20 in better markets) that I really can't see it jumping back up again. You are forgetting HYPER. HYPER has over 50 BTC trading volume on Bittrex the last 3 days, 5% monthly PoS for the next 4.5 years, and a market cap of over $250 000 after peaking at market cap of over $450 000 yesterday (different and earlier than Hyperstake although I think Hyperstake is an interesting project too).
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Closing in on a year. What's up with this? Well you know - Just too many lazy stakeholders (don't mean you or anytone in particular) that didn't feel like testing during the alpha which is why we had more bugs than expected during beta which is why implementation of multi-sig is taking longer. That's whats up. Patmast3r please don't feel disillusioned by the tone of this thread. Myself and the majority of silent stakeholders / NEM hodlers fully support your work and understand how much work it is to actually code a new cryptocurrency from scratch.
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I got this message in my inbox. does anyone have any idea how much one normal stakes worth of nem will be worth? it says i need to install javafx and i dont really want to donk around with it for like 25 cents. I'll buy your stake for 25 cents Definitely worth installing javafx to claim it man!
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