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41  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEM] Do you want to have asset exchange token before the official launch ? on: May 20, 2014, 06:46:10 PM
Might as well have it on XCP counterparty and MSC mastercoin as well as NXT AE so it's in all of the markets.
i dont think this would work, you can only make the asset once and cant add or remove assets from the total amount, so what do you do if you go 50 50 between two platforms but then you have 80 percent asking for nxt. Its not feasable to use multiple platforms for one asset.

They wouldn't be all released at the same time. Assets need to be able to be deposited (bailed in) into, and redeemed (bailed out), of any of the exchange platforms.
i dont see much support for any other platform really though. Nxt really is the superior platform for trading! Especially with  Multigateway and instantdex coming soon. If you look through the threads everyone is saying nxt. And theres a reason for that.

@gadodo

You dont have to, its optional if you want to go through nxt. You can just stay on the spread sheet and collect your coins once nem launches. So no problem? Its only for people who want to sell some coins and to allow small buyers to buy in which will be of huge benefit to the nem ecosystem and everyones investment over all.

This is a self selecting group who are already into NXT. Offering it on the other markets would promote it to a larger group of users.
42  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEM] Do you want to have asset exchange token before the official launch ? on: May 20, 2014, 05:36:39 PM
Might as well have it on XCP counterparty and MSC mastercoin as well as NXT AE so it's in all of the markets.
i dont think this would work, you can only make the asset once and cant add or remove assets from the total amount, so what do you do if you go 50 50 between two platforms but then you have 80 percent asking for nxt. Its not feasable to use multiple platforms for one asset.

They wouldn't be all released at the same time. Assets need to be able to be deposited (bailed in) into, and redeemed (bailed out), of any of the exchange platforms.
43  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEM] Do you want to have asset exchange token before the official launch ? on: May 20, 2014, 05:26:21 PM
Might as well have it on XCP counterparty and MSC mastercoin as well as NXT AE so it's in all of the markets.
44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: May 19, 2014, 09:09:27 PM
Hey Chang Hum,

please just go away.

We got your point, but you are telling the same things over and over again.

Yes you don´t like, so move on, and stop spamming this thread.


No I'm not saying the same things over and over. One quotes from a topic today and I don't believe I've quoted this post were David Irvine directly lies to investors about his reason for banning me before.

Sorry if you feel I'm a threat to your shitty stupid "investment" you didn't bother to do any due diligence on. As my posts are very relevant to any newcomers thinking of investing in this nonsense, and the level of insight here is very low I think I'll stay.

Given the amount of time you spend on this topic, you must not have much of a life.

You are just the kind of redundant noise which lowers the value of Bitcoin Talk.

I would prefer to be able to follow projects and their news here, but people like yourself have driven projects to their own forums. You represent a gross waste of theirs and my time, but then, that is why there is an ignore function.

Edit: First time I ever used ignore...too bad it still shows his presence.
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SKY] Skycoin Launch Announcement on: May 19, 2014, 12:30:40 PM
Is there an alpha client available to download?

Yes, github repository is https://github.com/skycoin/skycoin , instructions are at https://github.com/skycoin/skycoin/wiki/Installation . I've gotten it running on Ubuntu on Virtualbox. The instructions left something up to the imagination. I had to go through several layers of dependencies.
46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 15, 2014, 07:48:54 AM
Counterwallet seems to log out every time I minimize or hide the window. Is this normal? I have to have it up and covering the screen as long as a transaction is pending?

Are you still experiencing this issue? If so, can you comment on it at https://github.com/CounterpartyXCP/counterwallet/issues/148

I gave it a try, both minimizing and hiding behind other windows. It seems to work fine now. I didn't try it with Bitcoin-QT running, will comment if problem returns later.

Thanks!
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 14, 2014, 04:03:48 PM
This should definitely be refunded as it is a bug in the software, at least partially.

I received a nice PM from Counterwallet. They are very helpful and willing to refund the BTC. I'm really happy to find it didn't disappear into a black hole. The counterwallet looks like it will evolve into a great exchange platform. Other than the confirmation glitch, I was able to figure it out intuitively in about 15 minutes. It'll be fun exploring the asset types.

The money that you spent did disappear into a black hole (it was sent to random Bitcoin miners). We reimbursed you out of pocket.

Ouch, thanks! I knew the send fee goes to miners, about .00015 BTC total in Mastercoin with the three separate destinations. You're saying the 1% transaction fee on orders goes to BTC miners as well? This seems really high.

It's only when you buy something with BTC directly. The 1% fee is also only a temporary default.

OK. Too bad it doesn't go to the developers working on the project, though they explained the philosophy behind Counterparty at the Ethereum Meetup. The refund arrived, sorry it came out of your pockets.

Now its time to work on adding some more colors to my Counterwallet screen by adding some more assets.
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 14, 2014, 04:40:29 AM
This should definitely be refunded as it is a bug in the software, at least partially.

I received a nice PM from Counterwallet. They are very helpful and willing to refund the BTC. I'm really happy to find it didn't disappear into a black hole. The counterwallet looks like it will evolve into a great exchange platform. Other than the confirmation glitch, I was able to figure it out intuitively in about 15 minutes. It'll be fun exploring the asset types.

The money that you spent did disappear into a black hole (it was sent to random Bitcoin miners). We reimbursed you out of pocket.

Ouch, thanks! I knew the send fee goes to miners, about .00015 BTC total in Mastercoin with the three separate destinations. You're saying the 1% transaction fee on orders goes to BTC miners as well? This seems really high.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 14, 2014, 03:13:52 AM
This should definitely be refunded as it is a bug in the software, at least partially.

I received a nice PM from Counterwallet. They are very helpful and willing to refund the BTC. I'm really happy to find it didn't disappear into a black hole. The counterwallet looks like it will evolve into a great exchange platform. Other than the confirmation glitch, I was able to figure it out intuitively in about 15 minutes. It'll be fun exploring the asset types.
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 13, 2014, 10:14:10 PM
I have 8 orders (shows as 16 line items) showing in counterwallet. There should only one. First 7 were from Firefox which showed no confirmation when order was placed, 8th was from Chrome, which showed a popup window for confirmation when the order was placed. Will the first order fill and the rest just go away? Using pop-ups for confirmation is a REALLY bad idea - should go to a confirmation page instead. Is there a way to cancel the extra orders?

I'm also showing a lower BTC balance, 1.8583 instead of the 2.02 BTC I started with - has it been eaten away by all these orders? Does this mean all of 8 orders will fail because the BTC balance is no longer at 2? When I placed the order, it said the total cost was 2.02 BTC, now I'm down to 1.8583 BTC with no order filled.

Considering you were ordering my asset I'll answer this for you:

Each transaction takes a BTC fee. That is 0.02, hence the lower balance.

They will expire and you will get that back in a couple more blocks, which is a pain for both of us but you can re-do it.

Best,

William Dunne

I've sent another .15 BTC to bring the BTC balance up, guess I should have read this first. I may need to have some extra dust anyway. We'll see how it goes. Thanks for the reply. The confirmation pop-up has to go. I service computers and see how regular people use them. This will never fly for the average user in its current state.

I've created a bug report for this as a GitHub issue. Thanks for bringing this to our attention (the unreliability of the confirmation pop-up).


I pushed 1 of the 8 orders through by adding BTC to my balance and paying it off. The other 7 have been promoted to 14 open orders expiring in about 11 days with a cancel option. Should I cancel to get the fee refunded or is it better to let them expire?

You should probably cancel your open orders, yes. The fees can't be refunded, however.

So I noticed. I cancelled them, but I'm short 0.1451838 BTC, original deposit 2.02 BTC + .15 BTC extra - 2.02 filled order - 0.0048162 final BTC balance after 7 orders cancelled. Is there someone who can issue a refund of the missing BTC. That's about $64 USD at current prices. Where do the fees go?
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 13, 2014, 09:20:49 PM
I pushed 1 of the 8 orders through by adding BTC to my balance and paying it off. The other 7 have been promoted to 14 open orders expiring in about 11 days with a cancel option. Should I cancel to get the fee refunded or is it better to let them expire?
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 13, 2014, 08:44:17 PM
Counterwallet seems to log out every time I minimize or hide the window. Is this normal? I have to have it up and covering the screen as long as a transaction is pending?

I completed 1 transaction by depositing an extra .15 BTC and paying. Will the other 7 eventually time out, cancel, and refund the transaction fee to my BTC balance? If so, do I need to leave counterwallet visible and stay logged in for the refunds to process?
53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 13, 2014, 08:34:03 PM
I have 8 orders (shows as 16 line items) showing in counterwallet. There should only one. First 7 were from Firefox which showed no confirmation when order was placed, 8th was from Chrome, which showed a popup window for confirmation when the order was placed. Will the first order fill and the rest just go away? Using pop-ups for confirmation is a REALLY bad idea - should go to a confirmation page instead. Is there a way to cancel the extra orders?

I'm also showing a lower BTC balance, 1.8583 instead of the 2.02 BTC I started with - has it been eaten away by all these orders? Does this mean all of 8 orders will fail because the BTC balance is no longer at 2? When I placed the order, it said the total cost was 2.02 BTC, now I'm down to 1.8583 BTC with no order filled.

Considering you were ordering my asset I'll answer this for you:

Each transaction takes a BTC fee. That is 0.02, hence the lower balance.

They will expire and you will get that back in a couple more blocks, which is a pain for both of us but you can re-do it.

Best,

William Dunne

I've sent another .15 BTC to bring the BTC balance up, guess I should have read this first. I may need to have some extra dust anyway. We'll see how it goes. Thanks for the reply. The confirmation pop-up has to go. I service computers and see how regular people use them. This will never fly for the average user in its current state.
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 13, 2014, 07:39:13 PM
I have 8 orders (shows as 16 line items) showing in counterwallet. There should only one. First 7 were from Firefox which showed no confirmation when order was placed, 8th was from Chrome, which showed a popup window for confirmation when the order was placed. Will the first order fill and the rest just go away? Using pop-ups for confirmation is a REALLY bad idea - should go to a confirmation page instead. Is there a way to cancel the extra orders?

I'm also showing a lower BTC balance, 1.8583 instead of the 2.02 BTC I started with - has it been eaten away by all these orders? Does this mean all of 8 orders will fail because the BTC balance is no longer at 2? When I placed the order, it said the total cost was 2.02 BTC, now I'm down to 1.8583 BTC with no order filled.
55  Other / Archival / Re: [CounterParty] IPO announcement. Mimex - UK bitcoin exchange on: May 11, 2014, 08:16:18 PM

Design 1 looks better
The overwhelming majority agrees with you. Unless there is a sudden change in decision, that is the designer we will go with.

Of course, that is not the finished image, I think there is something that can be learned from each of them however I do agree.

Anyway to invest in the IPO using the XCP command line interface? If so, how?
56  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: May 04, 2014, 08:38:57 PM
My only complaint is that the original terms of the offering were changed after the sale started by limiting Mastercoin investment to 50% instead of just letting the sale proceed according to the original terms. If they only wanted 25% Mastercoin and the rest in Bitcoin, then these limits should have been in place and announced prior to the sale. It would have been much better to only accept Mastercoin for the sale at the original price they wanted based on the prevailing .08 BTC/MSC valuation. Mastercoin could continually resell the MSC back into the market for BTC during the presale to aquire the BTC they wanted, assuring a sufficient supply of MSC for the sale by recycling it, and stabilizing the MSC price during the sale by controlling the supply.

While I think it was a bad idea to allow investment from two different currencies at a pegged rate to each other, with very predictable results, this was announced prior to the sale. Investors knew about the rate differential going in. My computer has a calculator, which I used to compare the rates and relative price difference. In Windows, the calculator is under Start/Accesories/Calculator. On the Mac, it is in Dashboard. A spreadsheet may also be used to brute force this task.

From seeing how Protoshares rose before the snapshot for Bitshares and fell back to its previous level after, it could be assumed Mastercoin might do the same, so it would be safe to price Mastercoin purchased Safecoin at the level at which MSC was trading prior to the announcement of the Maidsafe presale. From sales volume of MSC from the Maidsafe announcement of the 3400 safecoin/MSC rate to the start of the sale it appeared that at least 20% of the sale would be from newly purchased Mastercoin alone. The unknown was the amount of MSC held by prior investors which would enter the presale.

I knew this and considered staying up for the start of the presale with my finger on the Mastercoin Sell button, but had not decided how much of the MSC I wanted to exchange for Safecoin, so decided to wait until the next day to see how things went. I wasn't surprised by the flood of MSC, but, again, I was very disappointed by the unannounced limit and cutoff. This would damage both Maidsafe and Mastercoin. After I cooled off, I ended up purchasing some Safecoin with BTC, and later, exchanged some MSC when the opportunity became available.

It would have been much better for Maidsafe to allow the sale to progress under the original terms, even if it meant ending up with only MSC. Bitcoin buyers could still buy in on the open market at a comparable price as Safecoin shares were sold by those just using them to exit MSC as they are now.

The current state isn't much different from a typical IPO where brokers are reselling the issued shares at a markup, only in this case, the brokers are previous MSC holders cashing out. While this is not how we like to see things done in our community, since crypto currencies are all about eliminating parasitic middlemen, it is a standard practice in conventional IPOs.

I still think Maidsafe is a strong project with a lot of potential, and a very good opportunity at current prices.
57  Alternate cryptocurrencies / Altcoin Discussion / Re: **** Official Ethereum QA thread **** on: May 03, 2014, 03:25:38 AM
Is there somebody who can tell me now the date of the Pre-sale or IPO?  Huh

We won't issue further comments regarding the Ether Sale, until we have completely finalized the framework for it. In the meantime enjoy the free technology, people are already building apps on it, which is exciting Smiley

So, when is the pre-sale?
58  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 03, 2014, 03:22:35 AM

2. The need to have BTC dust in order to send XCP:

Again, I understand why this is required but it does impact usability, since you first need to send dust to the address before doing anything. This is just a suggestion and it would obviously need to be funded somehow, but is there some way of automatically sending dust to an address whenever it is needed? Perhaps if funds from the “fee required” were sent to a dev-controlled address as discussed above they could then be reallocated towards proving dust to addresses whenever it’s needed. Just throwing the idea out there so feel free to comment or criticize. I think it is only 0.0001086 BTC that’s required, so you could fund 100K transactions with less than 11 BTC. Seems like a decent price to me for enhanced usability and I would be happy to donate to something like that.

Sounds like we need a dustbin to pull dust from as needed.
59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: May 02, 2014, 05:56:13 AM

How's that for legal defense ? 


.............../´¯/)
............,/¯../ /
.........../..../ /
...../´¯/'...'/´¯¯.`·¸
../'/.../..../.....:^.¨¯\
('(...´...´.... ¯_/'...'/
.\.................'...../
..'\'...\.......... _.·´
....\..............(
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That's art. Had to save it for possible use in an email exchange I've been having with a party who has been described as a "Flaming Asshole"
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: May 01, 2014, 05:24:24 PM
Distribution effectiveness = - (complaint) - (bitching)^2 - (extreme bitching/ sabotage)^4 + (happy follower) + (happy contributor)^2 + (happy loyalist/ dev. team)^4

My grandfather once remarked "you could take all the land and redistribute it equally among people and the same people would end up owning it again."

The 80-20 Pareto Distribution, where 20% of the population owns 80% of the wealth seems to be a naturally occurring phenomenon. Any coin can be expected to migrate towards this distribution. This is still a lot better than the "1%" statistic oft quoted in the US.

Any attempts to socially engineer some other desired distribution are apt to fail, and worse, yield unintended adverse consequences.

80-20 rule is interesting and I think Malcolm Gladwell wrote a long article about it as well. We will see how NEM final distribution will end up from the initial 1 account/ 1 share distribution. To me it is interesting social/ economic experiment as well.  Galatians 3:28 "There is neither Jew nor Greek, there is neither slave nor free, there is no male and female, for you are all one in Christ Jesus." ; NEM book 1:00 "at Nemesis, every account is equal"

It was interesting that the Old Testament had a safe guard against concentration of land ownership, the Jubilee every 50 years. All debts were cleared and land restored to original owners. The periods leading up to the Jubilees must have been interesting times in the markets.
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