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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: March 05, 2014, 07:09:15 PM
Ha ha nice reply. PANDA at 2 satoshis and PND at 1 satoshi =))
Generally, these are not valuations to be celebrated.
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS] on: March 05, 2014, 03:26:21 PM
The Bitcoin protocol (from my understanding) has the ability to manage more things than just financial transactions; we could develop it to handle an exchange API to do this.
No API can magically code answers to regulatory issues. You want to play with fiat, you play by fiat rules, or you get sent to prison.

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This would mean when a user signs up for Vertcoin-qt they would allow a small amount of money to be sent to and received from their FIAT bank accounts; this would create the chain required to decentralise the network. This needs to be a small quantity of money to remove concern and suspicion from the account holder, but the transactions need to be variable in value to avoid trends that can be picked up by the banks.
You still need to include the account information for where the money goes. At some point your exchange is going to have to actually operate as an exchange (i.e. dollars taken in, coins given out), and any service that does so will need to comply with all relevant legislation.

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It may be controversial, but it is the solution to the single exchange issue.
It's neither controversial nor a solution. It's precisely the same problem, just drawn with the exchange missing and a question mark in its place.

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I understand that this would be a significant undertaking in terms of programming
You are misunderstanding the nature of the problem. Code isn't the issue; dealing with financial regulators and complying with anti-money laundering laws is the issue.
43  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS] on: March 05, 2014, 02:03:31 PM
Why isn't there an exchange built into vertcoin.qt that utilises P2P to remove the need of centralised exchanges?
Because dollars, Euros etc aren't decentralised cryptocurrencies and can't be traded as such without some bridge to fiat, which intrinsically results in mandated centralisation/trust and acceptance of regulation. To put it another way: where, exactly, would your dollars come in? Where would they come out? Via what payment processor?

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it could launch a version of chrome OS and a pre configure HTML page to generate them.

There should be an auto-backup feature to Dropbox or Google drive if the file is encrypted.
Both of these introduce unnecessary security risks.

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Just think of window in the software that has a version of BAMT that had pre configured mining settings for GPU's
Re: mining and ease of use, often such questions spring from a misconception that all users of a cryptocurrency should also be miners; this is not necessary and could potentially weaken the network's security by driving dedicated mining operations away and leaving hashing in the hands of casual users whose uptimes and hashrate may be erratic and unpredictable (they may go offline en masse when the Superbowl is on, opening up the network to a 51% attack, just as a silly little hypothetical example). The purpose of mining is to secure the network - the coin reward is there to incentivise sufficient computing power to be reliably, dependably present and working correctly at all times. Making "user-friendly" one-click mining applications is to me like putting training wheels on a racing bike; it doesn't hurt, per se, but if you need that kind of help then you're in the wrong game.
44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS] on: March 05, 2014, 10:30:01 AM
Ah fucked again by another bullshit coin

NOT RESISTANT to greedy fuckbag mining farms and speculators pump and dumpers.
Only select few elite get to profit.......coin already lost to monopoly...

So then if this coin is so shit hot and the future then
WHO WANTS WANTS TO PAY A FAIR PRICE FOR MY 4 comps with 11 cards @ 9M

No one! I can't find a buyer even at 50% of original they are all 2 months old

What a MAJOR scam and mistake it was getting sucked into ALT's

I got in to kill the banks but now realize we are just helping them.


Alt community are TAKERS worse than bankers

Thanks fuckers for tricking me into loosing 5 years worth of savings with no hope of recovery or profit.
I farm and when your economy crashes and the trucks stop rolling  don't ask me for food.....your coins are as worthless as you are to humanity
You should totally sue the person who held your arm behind your back and made you pay for those rigs...

It is particularly ironic that you're complaining about "greedy fuckbag mining farms". You're doing exactly the same thing they are.

You knew the risks. At least, you should've known - if you didn't, you shouldn't have blown your savings on this stuff in the first place. And really, if you can't get more than 50% of what you paid for your cards by reselling them on ebay then you must've been ripped off something fierce when you bought them.

Caveat emptor.
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MAJ] *Major Piece* *First coin to equal 1 Euro, no more, no less* 3/01/14 on: March 01, 2014, 01:28:08 PM
While this is a valid argument it does not necessarily fit in to this idea quite the way you envision it. While it is true that we are relying on a bit of faith from people to believe the coin is worth what we say it is worth it is no different than a person having to put in faith that their dollar will actually mean something or that their Yen will mean something. By saying that it will be worth one euro we have already planned for part of this faith issue. Also on the issue of changing market value we have seen that this issue cannot arise because the true value will always be that of a euro. It’s not like gold or oil were the price can be arbitrarily inflated or deflated based on faith and amount of product. Also while people can hope and believe that their one dollar is actually worth more than it is it is only worth what it is at that point and time. So while people may say that the Major Piece is worth more or less then the euro they are actually wrong because it has already been decided that the value will only fluctuate directly with the value of the Euro.
With posts like this it's hard to tell whether they're joking, scamming or just straight up incompetent, but regardless, it's an entertainingly dumb idea.

I've got some alcTwigs over here, sure they might look like plain old twigs like you'd find on the ground anywhere in the world, but these ones are worth 1€ each. You just need a bit of faith! Their value is tied to the Euro, because it has been decided that their value is tied to the Euro. Any takers?

Nobody?
46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 28, 2014, 02:45:28 PM
Quote from: Warlock
I do not think people have forgot about panda coins
This much is true; nobody's going to forget about such a spectacular crash and burn any time soon. It got pretty broad coverage amongst the crypto news sites and blogs.
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 25, 2014, 08:21:39 PM
our reddit with over 500 subs in the first week.
I see it now has 490. It seems to be going the wrong way.
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 25, 2014, 06:02:07 PM
your impact on The Pandacoin development is null
Probably so. The dev team saw fit to give a premine of 3 billion coins to a known, well-documented scammer, who dumped the coins within days; it's hard to have an impact when you're up against that kind of gross ineptitude.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 25, 2014, 04:40:38 PM
So, lies apart, this doesn't worry you one bit bit that someone who claims to have "lost" 200M is in charge of a "charity" wallet?
A conspicuously empty wallet at that, and one that was emptied just after Wolong's dump.

Cashed out into bitcoins or fiat for "safe keeping", eh molly?
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 25, 2014, 03:09:15 PM
100% perfect launch.

Never forked
Nonsense. There was a fork the first day or so. There's people talking about it in this very thread.

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code is perfect
On account of you reusing someone else's code.

And on top of all the other failures this coin has endured it can now add "lead developer caught red-handed editing posts in an attempt to save face after making a deliberately misleading prediction". I wonder where you can go from here? How much harder can you drive it into the ground?
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INK] INKcoin - Launched! SHAvite-3 Hash, NO PRE-M! on: February 25, 2014, 12:44:59 PM
8 threads... no idea if its throttling seems to handle the cpu load pretty ok..  still no coins since yesterday though... i just checked again its more like 700Khs
Still low. If you're not currently monitoring CPU temperature whilst mining on a laptop you probably want to fix that (HWmonitor or something similar).

Are you setting threads in the debug console? "setgenerate true 8" or "setgenerate true -1".
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][INK] INKcoin - Launched! SHAvite-3 Hash, NO PRE-M! on: February 25, 2014, 12:24:27 PM
I'd love to know what kind of average machine gets 1.5 Mhs a day..... at best I'm getting about 500 khs on a fairly recent core i7  laptop. is minerD that much better than the QT?
How many threads are you using? Is the laptop thermally throttling?
53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 25, 2014, 08:38:38 AM
Any one who is replying to this thread somehow indicates that the poster still owns some coins.

Those angry posters in this thread simply means they have too many shares in hands and have not realized any profit.
I don't think you've thought that through. All the angry people in this thread are damaging Panda's reputation; if they still had shares it'd be in their interest to be acting like Warlock and co. are, i.e. "everything's fine, buy Panda".
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 25, 2014, 07:59:02 AM
Well, my 200m panda is gone, so I dunno what to do. You win 4chan or whoever you are/were.

I've freshly formatted my computer now, not that really helps after the fact. Anyway, feeling pretty gutted, and exhausted. But thought I'd at least be honest and say I have no access to my wallet any more.
What is/was your wallet address?

I notice the charity pot you were holding for the zoo is empty.
http://panda-explorer.pool.minercoop.org/address/PpjKd5y7X8siSF1c7Qx599hopDrqkB4Ds2
Want to comment on that?
55  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 25, 2014, 07:20:51 AM
Current UTC Time: 3:00 am Tuesday

Is it at 500 yet?


Jacob has plenty of time (21 hours) before the day ends to ensure it reaches 500 as he claimed it would.

He just needs to pump it to 71 times it's current value of 7 Satoshi.

Trust in Jacob.



the fact that it was relatively impossible at the time and currently may indicate I was joking at a comment above my original prediction  Roll Eyes
This is just embarrassing to read.

I think if I was in your unenviable position I'd have simply kept quiet.
56  Alternate cryptocurrencies / Altcoin Discussion / Re: The big VTC Vertcoin settings thread on: February 24, 2014, 07:58:02 PM
Awesome seems to work better, the hashrate is very slowly crawling higher.
Anymore tips?
WU is what is actually being accepted by the pool. Play around with thread concurrency and the other settings you find cropping up in this thread, and remember that what is optimal for one person may not be optimal for someone else with the same card.
57  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 24, 2014, 07:47:09 PM
their fake coin is just a Doge fork
Surely by the same token you're just a fake coin that's a Vertcoin fork? Using your logic, I mean.

This is the only panda listed on http://www.coinmarketcap.com and traded on multiple exchanges
Let's see how your coin looks on coinmarketcap, shall we?

http://coinmarketcap.com/panda_30.html

I'm not "from" 4chan, and I'm sceptical of the repeated suggestion that anyone who disagrees with the devs must come from there. I am intrigued and amused by your attempt to "rescue" this coin from its catastrophic crash, and I'm not entirely sure if it's cynical self-interest or naiveté, but I hope it's as dubious to anyone who stumbles upon this thread as it is to those of us that have watched the entire spectacle.
58  Alternate cryptocurrencies / Altcoin Discussion / Re: The big VTC Vertcoin settings thread on: February 24, 2014, 06:24:21 PM
for one 7990

14,7/m
Tried intensity 12?
59  Alternate cryptocurrencies / Altcoin Discussion / Re: The big VTC Vertcoin settings thread on: February 24, 2014, 05:51:56 PM
I have a problem, while the khash in vertminer are alright, in two different pools I get only 26khash with 4 pc's, so what's the problem.
How long did you leave them mining? The hashrate graphs in pools are generally pretty unreliable.

What do you see under WU in Vertminer?
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 24, 2014, 04:44:29 PM
It's like you don't understand no one reads anything you 2 morons from 4chan write, and you just keep bumping my thread so miners know the true panda is alive and well.
Apparently your definition of "live and well" differs from, well, basically everyone else. Your premine was stolen, your coin is trading for small single-digit satoshis down from a high of nearly 100, and your coin's PR guy (sevoque) appears to have bailed... I appreciate that it must be hard to look at that wallet of yours with 200m in it it, but do you really think it's ethical or just to be selling others false hope?

Interesting that you're now saying the logs are a fabrication. How strange that you didn't say so before.
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