Wished there were more designs submitted but there are some really solid wallet designs. Good luck to everyone! Can't wait to see who wins.
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So just gonna throw this out, the price of BTC is going up (in terms of a trend), so the price of a lot of alternative crypto-currencies will follow suit. This will include NOBL. The trick is making NOBL stabilize at a higher peg. I think the great development that continues between Rofo and his team will do a great job of creating that stability.
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Or maybe the problem is that the agreement between the huge BC holders not to sell is crumbling because a few people got greedy and once they saw some people were breaking the rules they all started selling some of their stashes to make sure they didn't get stuck being the last bagholders?
Game theory in motion frankly. But that isn't necessarily it. A lot of time when you throw in an unstable variable (i.e. market makers against sellers), it inherently creates a "chaotic" kink into a system. But like a lot of this scene, it's all about screwing others while keeping yourself up as much as possible.
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A larger and more connected user base, at least to stabilize it in terms of a currency.
In terms of a speculative tool, as it is right now, regulation. Of course, that's always a treacherous word to mention around these parts.
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If USD collapses, then why would 1 BTC only be worth $40k? And secondly, why are you pegging it to the USD if you're so confident that the U.S. economy will collapse?
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...
I always recommend diversification, even if young. Since this is money that could be lost without too much heartache, I would go something like:
1/3 in gold 1/3 in silver 1/3 in BTC.
Bulletproof!
I was looking for a response like this. Although, I would say he puts more into BTC especially since it's now finding relative stability. [However, maybe the idea of diversification isn't considered because this person is willing to lose it all.]
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This is a nice analysis. I’m still trying to figure out how you solidly arrived at c=1.5 and c=0.3.
Thanks for the compliment. c=1.5 and c=0.3 are just best-fit parameters to Metcalfe's Law. Depending on how you weight the residuals in your regression, and depending on whether you attempt to remove outliers, you can get a range (similar) c values. For example, c = 1.43421 and c = 1.604983 look good on the plot too. I simply picked numbers that (a) produced a good fit, and then rounded them so (b) they would be easy to remember (i.e., a buck-fifty per TX^2). I think this could have added benefit if you used Beckstorm’s Law (or something that incorporates an iterated summation) for this particular analysis and saw how well the fit was.
Yes, it would be interesting to attempt to model the market cap with Beckstorm's Law indeed (although I do appreciate the pure simplicity of Metcalfe's Law). I agree, simplicity is very nice. I just brought it up because I'm intrigued by what the correlative values between both models would be (based on similar fitting exponential curves). Although, the iterative summations could be needlessly more complicated than the information that would be gleaned out. Thank you clearing up where you got the values of c from. I wasn't sure if you were using best fits or if those numbers came from another analysis. (I thought there were clearly obvious reasons for the numbers and that I was going crazy. Ha!) Once again, very nice job with this! I look forward for more analysis from you, when time permits (as someone mentioned seeing the curves of other crypto-currencies would be quite intriguing).
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Yeah, there is definitely a double-standard (and a lot of the time, it is primarily wealth-driven). The thing is, why should everyone have to pay the burden of this particular mistake? The family is "wealthy," can't we compel the family to pay for these expenses (at least if the facility is going to cost $21k a month)? Or at least the differential between the lowest-end rehab facility (like those $5-8k a month facilities) and this particular facility. I know in terms of legalities there are certain other thresholds to meet, but sometimes, it conflicts so much with "common" sense.
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January: Animal Coins February: New PoW Algorithms March: Country Coins April: PoS + Multipool
I think a lot of us feel the next trend will be low heat generating/electricity consuming coins for the upcoming summer months (i.e. X11 or something to that effect)...What other trends can be lurking though?
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When I look at these charts, I still have it that BTC price needs to break an upper limit before I think we'll be seeing an upward trend. If it hits around ~600 in the next day or two, then it might be the start of another strong rally (although, I think this rally will be significantly prolonged in both growth speed and how long the "top" will last for compared to others in the past).
That said, I don't know where all of the funds to support another rally will come from at this particular moment.
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That was a great thread to create. I think it'll be great to see all of the different perspectives of how people got involved and drawn into Noblecoin. I just finished posting to it! ^_^
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We're now also accepted on www.altaccept.com for merchants (better plugins and enhancements in development) and soon we will be on Prypto (just waiting on what needs to be finalized on my end but they've already touched base). The marketplace will end up being a reseller in Australia, letting us sell all their cards for NOBL. I may even hit the capital cities on the weekends to promote them face-to-face at the markets. And the awesome news keeps coming in! Great job continuously kicking ass you guys!
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In general, new users are much more likely to release a "scam" coin, but that doesn't mean a person who has been around for a while isn't prone to releasing a "scam" coin too.
Still though, I'd prefer to have a restriction that the OP proposed. That way, if someone really wants to scam, they have to put some "time" into it. And really, that's a pretty damn good deterrent. Plus, since they'll have a posting history, if they are just full of fluff, it'll be easier to find out.
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This is a nice analysis. I’m still trying to figure out how you solidly arrived at c=1.5 and c=0.3. I think this could have added benefit if you used Beckstorm’s Law (or something that incorporates an iterated summation) for this particular analysis and saw how well the fit was.
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I don’t believe summer is here for another two months technically. (And usually in the northern hemisphere, the hottest months are usually July-August, so it’s more like three months.)
Anyhow, I think this sentiment should be generally held for the creation of altcoins. But since you mentioned this to apply for new, “innovative” coins, why should they use an algorithm that hasn’t been fully vetted in terms of security?
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I'm doing a research project on coin distribution for both older and new coins. I'm interested on gathering some data for top addresses and how much of the coins the top100 have. This along with the number of people (addresses) actually holding any amount of coins.
I have some info from bitinfocharts on a few coins but I really do need some data on other coins along with less exposed or new ones.
If anyone knows an explorer with this feature drop a line.
I think the first blockchain explorer on the NobleCoin website has this feature (it lists the addresses of the top 100 wallets and the amount of coins in each wallet). https://www.noblemovement.com/block-explorer/
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One more update to the story... if you live in Texas, you will be paying for the kid's rehabilitation, which will come to about $21000 a month. The story at The Young Turks: www.youtube.com/watch?v=wUJsCZkVQpEYay! Justice! I'm trying to remember why the U.S. is such a great country, but I just can't seem to figure it out...Too bad I'm stuck here...
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how can you tell which new coins are "shit" and which ones are worthwhile investments? i'm new to cryptos so i'd appreciate any advice!
Research. Look at trends and so forth. If you want to make quick and fast money, then expect to get burned quite a few times (if you aren't lucky that is).
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I agree it's pretty irksome, but pretty much a lot of things favor "early adopters."
That said, the distribution model was quite messed up. But anything that is pushed and released through this forum will encounter the same type of flaws. If you really want a more fair distribution, it has to be pushed through a different type of medium in conjunction with this site.
Regarding NAS, can we even be sure that these 10 people are unique?
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Does anyone have a comprehensive excel file for future profit using cryptsy mining contracts? If not I could start one. I'd like to have a nice graph with some input boxes, and even a few separate sheets for various negative and positive scenarios. BTW, I've seen these types of calculators, but I prefer excel: http://www.bitcoinx.com/profit/There's probably someone here that has a more comprehensive Excel File (in fact, I know there is, I just don't remember where it's reposited in). But in the interim, you could use something like https://bitcoinwisdom.com/bitcoin/calculator.
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