Maybe I would do it. It would be for my profit and for the greater good of the community.
Please explain the greater good part. Full disclosure, I like SolidCoins, I like Bitcoins, but if I am missing something about SolidCoin in an overall scheme of things, I am not catching it. a) Just look at this issue that ArtForz brought up. b) It seems that coinhunter develops everything "in house". doublec updates the git repo afterwards. so in essence coinhunter can code in whatever he thinks, which in the best case leads to things like (a). having the coding centralized in one single developer, I have to say I rather trust paypal. c) bitcoin works like this: code -> test -> fix -> test -> release. solidcoin: take bitcoin test version -> release -> daily mandatory bugfix d) think about the implications if solidcoin would make it to the average joe, and only then "we" (or some black hat Vladimir  ) exploits all those bugs: it could destroy bitcoin as a collateral on its way down, as average joe/media does not see any differences between Bitcoin and solidcoin. I am pretty sure one could add a lot more points to this list how those half-backed "improvements" could eventually affect the bitcoin community in a bad way. |
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Oh geez, don't make this thread like that one guys.
If you are going to fuck up SolidCoin, ShitCoin or whatever, just do it and don't whine all over the message boards how flawed the world is and etc. Just break it already and then go outside and fly a kite, you can't honestly be happy in life with yourselves.
Maybe I would do it. It would be for my profit and for the greater good of the community. A win-win situation. Unfortunately I don't have the mining power. And Vladimir on the other hand seems to have some different ethics  |
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Not directly related, but here's an example of "unintended consequences".
The problem with any *coin using a asymmetric difficulty adjustment is, it gets some economic incentives re. mining backwards.
I'll use SCs algo (or the work-alikes like Zombie-i0 and soon ix) as a example.
It's highly profitable for miners to start a "cooperative cartel".
Simplest scenario (again, this is for a SC-like algo with *(10/9) /4 limits):
all miners in the "cartel" add the following new rule for creating and accepting blocks:
if (prevBlock.nHeight % (blocksPerDiffPeriod * 6) < (blocksPerDiffPeriod * 5))
block must have curblock.nTime == prevBlock.nTime+1
else
normal block nTime rules apply.
Once the cartel has a hashrate majority, difficulty settles to oscillating around a bit under 1/3 of what it should be given the cartels hashrate and remaining legit miners get zilch (well, they can still get a few blocks in the 1/6 of time where the cartel follows normal rules).
And even if 100% of hashpower switches to the cartel rules, the network will still oscillate around a difficulty 1/3 of where it should be.
So once the cartel miners have enough hashrate to orphan the main chain, it's highly beneficial for all remaining mainchain miners to also follow the cartel rules -> good luck stopping it again.
Maybe this is an intended consequence and part of their get rich quick scheme. |
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Bitcoin: The first five times you think you understand it, you don't.
So someone forked Bitcoin and changed a few lines to call it SolidCoin. As this fees issue reveals, we can now safely estimate that this was a solid way before his fifth time... |
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I bet most big miners and pool operators are fully aware about this possibility, most probably just cannot be bothered, when the alternative is simply to do nothing and shitcoins will just die out on their own.
But if someone does this it would be technically a very interesting event. Pass the popcorn.
It would also be an asshole move. Of course young projects can easily be trampled to death by cyber bullies. That proofs nothing at all about the technical side of SolidCoin. Even if one day a clearly superior alternative to Bitcoin emerges (and I don't believe SolidCoin to be that), then this SuperiorCoin will most likely go through the same vulnerable phase and it would be a disservice to the progress of crypto-currencies to take advantage of this vulnerability and kill it off early. I disagree with you. Why? Because SolidCoin pretends to be like Bitcoin (digital money), while in fact it is apparently quite unsecure caused by the lack of a huge mining network. Bitcoin is the reason why we have all this hashing power - bitcoin mining and the bitcoin network grew side by side. You cannot try to repeat history, and then blame the environment for not being the same as years ago. So either the SolidCoin fans take their network private, of the have to face the real world. The good thing about some Vladimir disrupting their network would be that the copycats learn that they have to do more than change 10 lines of code to start a successful digital money network. And that could eventually lead to some competitor. If you think, like me, that SolidCoin does not bring enough advantages over Bitcoin to be a serious competitor, then just let them alone and run their course. I don't see it cause much harm. It even provides a nice field test for some of the alternative approaches, like the new difficulty adjustment algorithm. If this turns out to be a worthwhile change, it could be even adopted for Bitcoin in the future, starting from some checkpoint block number, and we would already have a better understanding how that would play out.
But look at the world. There are a few exchanges already accepting solidcoins for USD/BTC. I am pretty sure they are not aware of those risks, as they believe solidcoin is as safe as bitcoin - which it is not. |
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According to the following page, SolidCoin 1.04 is about to be released soon: https://scexchange.bitparking.com/mainSolidCoin 1.04 will be more solid than ever! According to unauthorized sources, SolidCoin 1.04 will include the following features: - trading fees will be set by the user, exactly as in Bitcoin, since it was discovered that the fix provided in 1.03 is not sufficient to convince bitparking to reopen solidcoin withdrawing. - a larger average interval between blocks, of 9 minutes and 50 seconds; with this interval it was found that the network is much more resilient to various attacks. - despite the longer confirmation interval, unconfirmed transactions will be visible instantly. - a revisited difficulty (we don't know yet exactly what the changes will be, but it sounds exciting) - in order to foster the development of Solidcoin, more bounties will be added, with a new set of premined blocks. 1000 premined blocks will be inserted in the blockchain, from block 29,000 to block 29,999. Block 30,000 will resume using the nonce of block 29,000. New blocks will be recognized as valid by the updated nodes, using an "if then else statement" technology. - improved troll resilience We are confident that with these improvements, SolidCoin will completely destroy Bitcoin. Bitcoin will collapse! Satoshi will die! You forgot one very important thing: The daily discovered bug is now official called a feature, as it forces all users to update daily! So ShitSolidCoin is now official bug free! Internationally awarded SolidCoin analysts estimate that such unexpected features will be found daily for at least a few month. Of course it could be that you loose all your coins, but whenever that happens, it will be considered a feature too! |
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I am not sure if I understand this (russian) exchange site correctly, but it seems that one can deposit using a credit card there: https://btc-e.com |
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@Vladimir (or other big miner) there is a business opportunity for you: 1) mine yourself some solidcoins. 2) fork the solidcoin block chain by disconnecting your miner from the network. 3) send all your solidcoins to https://btc-e.com (or some other exchange). 4) sell them for USD/BTC and withdraw the money. 5) ensure that your block chain is the longest in the solidcoin network. 6) sync your block chain into the solidcoin network - yours will be the valid one as it is the longest. 7) now you have your former sent solidcoins back (the tx is no longer in the blockchain) and the withdrawn USD/BTC and the new mined solidcoins.  goto 2 until solidcoin==$0 The beauty of this is that on every iteration you can sell not only the new mined solidcoins but also the already sold onces, so your profit is ever increasing. The only thing that could prevent this, is that there are not that many stupid people out there buying solidcoins. Probably even less after their solidcoins did disappear a few times |
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I see that you are now selling at a 30% premium. Write it in international format with no spaces, no '00' and no '+'.
Wouldn't it be easier to just remove the '00' or '+' characters by your back end instead of confusing the customer? |
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I want to own every single type of cryptocurrency available to mankind.
Big business opportunity here: 1) Start a block chain once a day. 2) FlipPro will buy the useless coins from all of them. 3) Endless profit!!! If you still haven't noticed, that is exactly the reason why someone starts a new block chain that is just a copy of bitcoin. But people get what they deserve. Someone should write a patch for bitcoin so that the chain parameters can be specified as a command line argument. That way new block chains could be setup on a much higher rate, until all "curious" people have been milked as much as possible. I didn't buy IX or I0. Those were obvious scams... But I do own , Bitcoins, Namecoins , and Solidcoins. You won't be thinking I am so stupid when all these coins hit their respective peaks. And if I loose a few that's fine to. And actually IX and I0 coins are scams no more since they now have resurrected their network by copying Solidcoins new algorithm lol. How ironic... So according to you logic, I have updated my business plan: 1) Start a solid coin block chain once a day. 2) FlipPro will buy the useless coins from all of them. 3) Endless profit!!! To the other readers: this is basically the same plan as before, just a few parameters have changed. And I have to switch to some untested bitcoin alpha version the same as solidcoin did. But you know, customer is king, and FlipPro being my customer I have to tell what he likes to hear |
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I want to own every single type of cryptocurrency available to mankind.
Big business opportunity here: 1) Start a block chain once a day. 2) FlipPro will buy the useless coins from all of them. 3) Endless profit!!! If you still haven't noticed, that is exactly the reason why someone starts a new block chain that is just a copy of bitcoin. But people get what they deserve. Someone should write a patch for bitcoin so that the chain parameters can be specified as a command line argument. That way new block chains could be setup on a much higher rate, until all "curious" people have been milked as much as possible. |
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As another poster on top said it has dropped 75% in value from the highs we just recently saw.
Solidcoin managed the same within under a week - very solid! Is there no solidcoin forum where you can toady other solidcoin followers? You could even constantly rename the forum, after the scam chain of the week. |
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Tiny cosmetic "feature" request: If the user starts the app once a day, the syncing progress bar hoovers around 99% without any movement for a few minutes. I think it would be better if the progress bar would always start at 0% and can therefor show some movement. What I mean: the old (already downloaded) block count is represented by 0% and the up-to-date block count is 100%. Now the casual user can see some progress bar movement, and all is well To prevent a massive amount of support requests if you add this, be sure not to use this behavior until the client thinks that they've completed the initial download of blocks. Otherwise, if someone turns off their client in the middle of the initial download, they might think that the client restarted the download instead of continuing it. However, you'd also then need to visually differentiate progress between the initial download and updates. (different progress bar color?) BTW, a simple "resuming" in the syn text would prevent all your massive support requests. It depends on what the progress bar displays. Does it display the amount of work (download) that has to be done, or does it display the current state (now at block n of m). If it always if the former, it would be OK for the user, because it displays what the progress of the *current* work, in contrast to displaying the combined work over all program starts. For example, when I copy some files, the progress bar goes from 0 to 100% - it does not include all files I ever copied Different colors? Now *that* would trigger some massive amount of support requests, maybe even I would ask what this is all about. |
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Lol, if bitcoin collapse, solidcoin collapse as well too  Of course not, solidcoins are solid, they cannot collapse |
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We immediately convert these to US Dollars, which clearly establishes their value
Acknowledgement that bitcoin has no (clear) value. Love it. In a long list of silly posts, this has to go be among the silliest. So if BitPay was offering a way of turning gold donations into US dollars, you'd be saying gold has no value? In one of his stupid posts he wrote that he is pissed of because of something that Bruce did. It seems that now he wants to help destroy bitcoin as a revenge. My guess, he is an ex-lover of Bruce, because otherwise he would just have left the bitcoin world. |
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Solidcoin IS Bitcoin, except upgraded, and re-branded.
Sure. And the zimbabwe dollar IS dollar, except upgraded, and re-branded. Well, thinking of it, zimbabwe dollar are as cheap as solidcoins, so maybe solidcoins are as worthless as zimbabwe dollar? |
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After reading all this shit the last few days I think this is on spot: the mybitcoin guy just used Bruce as an easy pawn
And not only does this imply that this mybitcoin guy is on this forum, it is also likely that he is one of those that constantly bring up new threads about Bruce, because this "Tom Williams" seems o be the main profiteer of having Bruce as an easy pawn. Maybe some mod should send the IP addresses of those thread starters to #bitcoin-police. |
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sure all the talk about virtual conference is nice but the socializing and getting together with like-minded people to start new biz only works when seeing live for a beer for one on one talks.
i would vote for european cities. london is fine with me.
i would love to see people running btc businesses or just success stories of people that also accept btc on their $ business. on youtube please so i can show those success stories to others.
I think you missed the anouncement of the euro bitcoin conference: https://bitcointalk.org/index.php?topic=40272.0 |
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