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I usually have clients for most chains, but I would tend to want reasonable pay for my time, which would probably make the price too high for trivially tiny trades.
Hopefully soon either it will become trivial to slap up a Ripple gateway or it will be simpler to make Open Transactions smart-contracts that actually access blockchains. Either way, automation seems the economical way to go exceptmaybe for "reasonable sized" transactions. (Ones where paying a lawyer or doctor or accountant or sysadmin or systems-analyst type for an hour to handle a clerical task is a trivial expense compared to the size of the transaction, presumably.)
-MarkM-
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hopefully we can do this using Open Transactions smart-contracts soon.
Though people to act as gateways would probably help too. It is starting to look like an open question whether it will become possible to slap up a gateway using Ripple any sooner than one could slap up a gateway for Open Transactions.
-MarkM-
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I saw someone said will do it, but would take some time I guess.
On the other hand, it looks easy to folk the coins, just change the names etc, and there are some parameters to change to make it specififc.
Search for "multicoin". You set everything in the config file, even the genesis block goes in the config file. So the same executable can run "any" coin simply by adjusting the config file contents. No more having to compile separate executables for each coin, no more having to trust yet another builder/packager of executables. Trust the packager of your multicoin executable and just switch config files to switch coins. -MarkM- |
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Frankly?
It sounds so much like what a scammer would say that I admit I didn't even bother to read all the bullet-points.
-MarkM-
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I was wrong about Solidcoin and Fairbrix being the only actually dead altcoins.
I fired up fairbrix-qt, got a connection, and caught up on the blockchain.
It has still been running out there.
It was just a fairbrixd I could not compile, because the thing was built using multicoin-qt, and such a hacked up version of multicoin-qt that it does not use a proper full config file with the genesis block and everything in the config file so its config was not one you could simply use with standard multicoind to run a daemon for it.
Since it makes no sense to have to maintain an open connection from a desktop box running a GUI-server (X server for example) just so you can run a coin on a headless server I had simply given up on fairbrix long long long ago.
But evidently, like BBQcoin, it has actually been out there quietly humming along, although I do not know yet whether it has been serving as a haven for CPU miners because the GUI does not seem to show the current difficulty.
So now it is down to Solidcoin being the only actually-dead coin, but hey, maybe that is not really dead either?
So no, coins do not, in general ever die. Any that do actually manage to die are very rare exceptions.
-MarkM-
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DeVCoin provides a LOT of money to creators / developers / artists.
Most people working on free open source projects make almost nothing, donations are a joke.
DeVCoin has given many developers the first "real money" they have seen from their habit of freely developing free open source stuff.
Just one "share" has often been worth five bitcoins, whatever bitcoins happened to be worth at the time, and bitcoins have happened from time to time to be worth quite a bit.
If you already receive five bitcoins a month in donations for your work on free open source stuff that might seem not a big deal, but many developers do not make anywhere near that much in donations normally.
-MarkM-
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They are often short lived see IXcoin and I0Coin but that doesn't mean they have to.
Ixcoin is still humming along just fine, it even is in the merged mining mix at BitParking's merged mining pool and is traded on VIrcurex. I0coin is still humming along fine too despite having been dropped from BitParking's merged mining pool and only being traded over the counter and in Open Transactions. -MarkM- |
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We NVDcoin! Optimised for Nvidia! Maybe by using floating point calculations instead of integer?
-MarkM-
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Hopefully it will mostly be Ripple clones by then, mining almost obsolete, an obscure geek cult thing they do because of some intrinsic loner aversion to "consensus" or something.  (But, BTC IOUs will be worth a lot nonetheless hahaha.  ) -MarkM- |
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Don't they have some amount of value per year below which you don't have to register?
Its a little strange even that they say "for any reason" instead of something like "as a business".
Get your parents in trouble by having them mail for you a gift certificate to granny!
-MarkM-
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I don't think you understood. How long do you mine before selling? Is the price when you have actually mined the coin still as good as it was when the sites told you to go mine that coin? Also it is not difficulty but actual hashing currently happening that decides your real chance of getting coins.
Re-read my post maybe.
-MarkM-
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Such websites probably work best if you take a contrarian approach, unless they actually can compute the hashing power on a coin by timing the blocks or something. If they just look at the difficulty, which for some coins won't change for a long time, then probably when the difficulty goes down so many miners jump on it imagining it is profitable as reported by such sites that actually you are less likely to find a block than when difficulty is higher and all the miners move elsewhere. Plus the exchange rates too are probably misleading, as a good rate is not something you are likely to get in a few hours when you have actually managed to mine some of the coins, it is something the people who already mined them back when such sites claimed they were "unprofitable" that have coins on hand to sell that those good prices. By the time you actually mine some - assuming you even get any since the whole gangbang crew will all be there too all thinking it is "profitable right now" - the exchange rate will be back down again from people who already got the coins skimming the good prices. So doing pretty much the opposite of what such sites indicate is very likely more lucrative than following the lemmings who believe such sites. The one thing they DO have right is merged mining gets you more profit than mining only bitcoins, but they leave out four of the seven (or is it five of eight) merged mine able coins so you don't see all the goodies merged mining can get you. (CLC and XGG should be shown on the http://galaxies.mygamesonline.org/latestrates.inc readout next time it is generated, maybe that will help some.) -MarkM- |
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1. Cryptos were a solid idea to get out of Fiat.
2. Shitcoins + Strong marketing + Alliances with exchange sites appear.
3. You can make a decent ammount of BTC using said shitcoins if you are smart, and if you are In-the-Know you can hoard a lot of them.
4. This will eventually cause BTC to lose legitimacy.
5. I'll no longer mine BTC, will ride the current bandwagon, exchange for BTC and make a very nice profit.
6. Future of cryptos are fuarked, will do this while I can, current train is FTC.
Point 4 is the error, I think.I have many times in the past suspected deliberate attempts to legitimise established things by proliferating "illegitimate" competitors. For example take the concept of the protection racket, aka police. Having tons of gangsters and bandits and muggers and pickpockets running around actually helps the racket rather than making it seem illegitimate. Basically any new thing that starts to see an "edge" to be gained in "legitimacy" needs "illigitmate" similar things to point at to "justify" all kinds of special advantages being given to the "legitimate" ones, ultimately leading to "regulated industries" and "licensed professionals" and so on. It is an age-old racket so it behooves those who want Bitcoin to gain "legitimacy" to proliferate oodles of "illigitimate" similar things to point at so they can argue that bitcoin / bitcoin-business needs special treatment, legislation, licensing and so on and so on. Age-old story, boring. The more people get ripped off by imitators of bitcoin, the more bitcoin can argue "you should have used the Real Thing (TM Pepsi-Colgate-Palmolive-Corp?)" -MarkM- |
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Well imjson and I did business a couple of times, first 10,000 BBQcoin for 1 bitcoin then 50000 BBQcoin for 5 bitcoin. He sent first both times. Second time it took HOURS for first confirmation but eventually the bitcoins arrived safely.
Original Poster, are you still interested in buying?
-MarkM-
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There is a large family of coins that is waiting for ASICs so they can use ASICs to secure their blockchains by merged mining.
Because of all the lies about how soon ASICs would be delivered they did not tool up with the huge mining farms they would between them all need in order to be secure, but once ASICs start being ready to ship when ordered more and more coins will be able to join the merged mined family. (Many have not even launched because they are waiting for those that did launch to demonstrate that it is actually possible and affordable to secure a blockchain, as blockchains are, at least without using merged mining, insanely expensive to secure.)
-MarkM-
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Can someone who has the skills (I'm not a coder) finally make a coin creation tool kit?
I'm thinking of something where you just have enter Name, Blocktime, Coins per block, Halving each x Blocks, Sha- or Scrypt Mining press enter and there is your very own Altcoin.
Something like this would hopefully show even the last guy the ridiculousness of this.
Is this feasible? Should we collect a bounty for this?
Such a kit exists, it is called a codemonkey. Just pay a codemonkey a few tens of bitcoins to make you a coin, it is easy. Unthinkingbit got devcoin build starting from just an initial bounty of 100 bitcoins. -MarkM- |
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Sure man, if making me part of the problem helps you sleep at night then good. The truth is that shitcoins are winning the race. I already mined 4x more BTC than I usually do in a day. It's so easy it's ridiculous.
1. Join FTC Pool and mine.
2. Transfer to BTC-e and exchange for BTC.
3. 4x as much profit as if I mined BTC.
My opinion is that the fact that this is so easy done will eventualy make all coins lose legitimacy including BTC
It just means that mining too is an interesting game, kudos for you for finding a lucrative vein of bitcoin to mine in the alt-mountains. It means miners who actually play the game instead of sitting back letting pre-determined scripts do all the work, scripts that do not pay attention to where lucrative new veins of bitcoin have been discovered, don't make as many bitcoins as active players like you. -MarkM- |
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The problem that I see is that this situation will eventually drain legitimacy from Bitcoins, if you can go to Vicurex or BTC-e and exchance your shitcoins for Bitcoins puts it on the same level.
No it does not, it simply insulates all the toycoins from the fiat world. We need a few coins that can be used as gateways to and from fiat so that the game currencies always have options for being able to get market value for your game gear, including game coins, and the coins that can be exchanged directly for fiat serve that purpose. Given those, we can have fun with all kinds of game forex and game stockmarket and other forms of gambling / gaming without all the crap that accompanies interfacing with fiat. -MarkM- |
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Maybe that is what you get when you run off chasing exclusively-mined coins that cannot be merged-mined.
Should have stuck to the ones you can merged-mine alongside bitcoin.
-MarkM-
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