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PoS market cap can be manipulated easily.
Can paint the "tape" by buying and selling to oneself on various exchange for minimal fee.
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Fractional reserve is ok if they are willing to cough up any loss due to taking risk on directional bet or even lending.
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Hey, I try to mine auroracoins but having problem. All it says is started BFGminer 3.2.1.
bfgminer.exe --scrypt -o stratum+tcp://188.165.197.41:3333 -u guess.1 -p XXX -u --no-submit-stale --queue 0
And I can't close the CMD window afterwards, I press the X and it takes like 5 minutes for it to close. Can't kill the process in the activity handler.
Thought aurora coin is dead. Any particular reason why you want to mine this coin? |
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Well this is a possible scenario. You might even receive posts on this thread like 'I think coins X is great, it will be second to BTC'. One would say that here only because one is invested in that coin.
People are ignorant, well most members here are. 95-99% of the coins that have been released so far are useless, copycats and 'shitcoins'.
Why would a real investor go into something like that (if he has done proper research) when he could invest in an altcoin that is secure, fast enough and already established?
The empirical evident suggest that 100% of the coins released are totally useless. I have yet to see any coin other than bitcoin is being accepted anywhere or serve any purpose. |
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Sure it's good news that companies are doing this, but who wants to spend their coins at current value. They're worth around $100 less than what they were a week ago and much more if you go further back, so a little discount isnt going to sway me at the moment.
Consumers can buy bitcoin at market value and then buy the ps4 at huge discount. This has nothing to do with hoarding and investing and hoping for higher price. |
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There is a good reason to use new address for every new transaction. Stop people from peaking into what your spend your coin on.
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Ethereum/Ether.
It has not cost investors any unrealized loss yet.
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I am starting to think so, why would you want any other altcoin when you have ethereum that can do it all?
Competition among other coin is good for the system for one. |
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ATM version for kyc and aml compliance. For definitive ID purpose, they should have ask for sperm rather than hand print. |
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Not easy to kill bitcoin, but the government can use law to make it extremely hard for bitcoin to progress and increase adoption further.
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DRK is dying a well deserved death. The smart money is pouring BTC into CLOAK.
Buy CLOAK. Clock coin also drop close to 20% today. Don't see it being any different than DRK. |
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ASIC mining has not being profitable for the last 8 months.
How much does it cost for them to mine $200,000 worth of bitcoin every month?
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Is there evident the price correction is due to Ethereum dumping or pure speculation at this point?
The blockchain address still show they have over 24k BTC, did they say what they are going to do with it?
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Too many coins chasing too few dollars. For one coin to succeed, other coins must die.
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I am a network guy and I work for a company that used to be one of the internet pioneers. Recently however, we have been sidestepped by other companies a bit, but we are still around and trying to turn things around with new software that frankly is pretty awesome. Anyway, we had an all hands meeting the other day and after the meeting I went up to our CEO and asked him what's his opinion on taking BTC as a form of payment. I was expecting a very short answer that was negative, and to my surprise it was completely the opposite. He seemed very interested and asked me question after question about mining, MT GOX, alt-coins etc. We spoke for a bout 5 minutes and afterwards he told me to send an email to some of the guys way up on the pole and CC him, which I did! I'm SO EXCITED! I feel like i just asked a girl out to prom  What country is your company? Bitcoin transaction only work well for cross border trade. For local trade, it is usually best to use cash or credit card. How is cash/card still better? For instance, I need to make a payment for some goods I bought this morning and need to pay via bank transfer. Pain in the arse, need to logon and setup a new recipient, receive a call from my bank confirming the new recipient, then able to transfer funds. With BTC, I could of sent to his address in seconds. What did you buy your good and why is the company only taking bank transfer? What country is this? |
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I am a network guy and I work for a company that used to be one of the internet pioneers. Recently however, we have been sidestepped by other companies a bit, but we are still around and trying to turn things around with new software that frankly is pretty awesome. Anyway, we had an all hands meeting the other day and after the meeting I went up to our CEO and asked him what's his opinion on taking BTC as a form of payment. I was expecting a very short answer that was negative, and to my surprise it was completely the opposite. He seemed very interested and asked me question after question about mining, MT GOX, alt-coins etc. We spoke for a bout 5 minutes and afterwards he told me to send an email to some of the guys way up on the pole and CC him, which I did! I'm SO EXCITED! I feel like i just asked a girl out to prom What country is your company? Bitcoin transaction only work well for cross border trade. For local trade, it is usually best to use cash or credit card. |
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The correction is not just panic selling.
With so many new coins raising IPO, the developers will need to sell to cash out their newly found wealth.
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Apple caved in due to crypto trend. If they don't, they will increase the speed of losing smart phone market.
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Internet is one big communication network and computer is mainly use as a gateway to access information.
Government and bureaucracy are the main reason documents sharing is needed.
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