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441  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: December 02, 2015, 09:19:39 PM
I believe I have a stuck Sync. Can anyone help?  I am running a mac and the tekcoin wallet version is: v2.1.1.0-gf96a5a-noise23

Try quit and run again.
peace

Ive done the "get out of the car, run around it 2 or 3 times, restart the car" routine.
I was hoping for some help from someone with some real experience. Not the peanut gallery.

I ran into this just the other day. This is gonna sound peanut galleryish, but I just left it overnight after the two restarts, and by morning it had cleared up. This is not Mac, though, so I don't know how useful it is to you.
442  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GameCredits - The future of in-game monetization on: December 02, 2015, 09:01:57 PM
Im sure you guys are on top of things but isn't accepting PP a liability selling any crypto as a result of their 'Buyer Protection' that allows users to repeal payments for items?

They have different rules for digital goods, and our terms of sale will reflect this. This does not entirely protect us, but it has historically been mostly decided in favor of the seller when somebody agreed to non refundable terms as long as the seller can prove the digital good was delivered.

We have the block chain. The truth is public.
443  Bitcoin / Pools / Re: [14000Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB on: December 01, 2015, 01:55:57 AM
Can you get 100% shares? I didn't think that was possible.

Take a look here

http://eligius.st/~wizkid057/newstats/userstats.php/1NwhghHvQvcH3Jf97rBR8Wd3iVA2ikXYZ8

BTW what a nice day at Eligius 7 blocks so far today!

Of course it's possible.................. just unlikely long term. Sad

My apologizes  I should have asked the question a little different.

How it is possible to get 100% shares?

How do you value a share?

I knows it's PPS value is, of course, at the time the share was submitted, not later. Valuing a share later, with this last block change, will effectively devalue some of my shares significantly and thus boost the PPS % artificially right? Or is that incorrect?

Just trying to grasp the inner workings a little better. Any clarification would be great and again my apologies if this has already been answered on perverse pages.

There's a LOT of perverse pages on this forum Cheesy Thankfully, not too many in this thread.
444  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][EAC] EarthCoin - EAC v1.3.2 Now Available! on: November 29, 2015, 09:13:51 AM
Any working pool
Please Huh??..

If ten or more of you will mine it, I'll put one up. Let me know. It will take me about a week from the time y'all say "go". It doesn't take that long to make it, it'll just take me that long to make time and get a server Cheesy

I never expected that EAC will hit this high... really impresive work that you have been doing here. I can use a guy with this quality on Ros too Cheesy

I didn't do it Tongue I haven't been involved directly with EAC for a couple years. I don't know if anyone is actively developing it right now. I know Linki was doing wallet updates for a while, and that's really the extent of my knowledge. The only coin I'm currently involved in as a part of the development team is GameCredits.
445  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: November 29, 2015, 07:51:42 AM
I love this thread Cheesy It never dies.

But of more substance, I have to disagree with the "hodl" crowd in most instances. I have gotten to the point where trading BTC is how I make the bulk of my living, and you pretty much have to play that day by day. On the most recent spike, I made really good money, but I make decent money every day. Money sitting in a vault does no good. It's purpose is trade, and that is how you increase your holdings.

Longer term, it's definitely a good play to have some BTC, dollars, diamonds, and etc. in storage, but not the bulk of it. Money in play, whatever form it's in, is where the profits are. And the losses, if we're to be honest, but carefully investing your assets will make you "wealthy elite" far quicker than waiting and hoping.

Good for you that you have the skills to trade successfully. I guess many here doesn't have these abilities or the time and patience to learn it.Risk to lose shouldn't be underestimated.And that's the reason everyone should do what he can do best to increase his BTC amount.



Your points are very valid, Denker.   A blanketted recommendation suggesting that the only way to accomplish meaningful gains is to trade your BTC (or any  other asset) is short-sighted and self-absorbed.

Every person needs to assess his/her own financial circumstances to ascertain risk, distribution and likely continue to tweak in the event that the totality of the investments are in fairly infant stages.


In this regard, building and hoarding BTC could be a very good strategy in light of the persons total distribution of investments, including considering the time horizon of the person.

On the other hand, if a portfolio becomes fairly well-distributed, and it has segments, such as BTC, that have become very profitable, then it may be prudent to take some of those profits; however, there seems to be likely considerable utility to continue to build the BTC portfolio, based on the overall expected value of that particular asset, in comparison to other fiat based assets that a person may hold (or have). 

In this regard, it seems prudent to continue to dollar cost average invest into BTC and to increase the overall accumulation of BTC while it is under $1,000 per BTC.  Surely, every person, while still accumulating, will need to decide for himself/herself, the extent to which s/he feels it is necessary to take some of the profits between $330 and $1,000.. and maybe even attempt trading and/or reinvesting - depending on the totality of the persons BTC holdings in comparison with other investments that s/he may have, etc.




i think you strategy is good but can't your statement about accumulating btc until it hits $1,000 also be construed as short sited and maybe self absorbed. how can you pick a arbitrary limit to an investment strategy like cost averaging...for you 1,000 may seem like an upper limit...to others just a starting point.  someone who is truly dollar averaging doesn't try to pick tops or bottoms...they just accumulate over time...at regular intervals.


I may have misspoke a little bit, because I was not really trying to box in any exact formula for potentially getting rich on bitcoins because each formula will be somewhat dependent and hopefully tailored to the individuals overall circumstances.

And, in that regard, there will certainly be individuals with a lot of philosophies including those who have no intention to invest any further into bitcoin, no matter what the price.

Yet, to some extent, I believe that several readers of this thread assume that the price of BTC is increasing, yet there may be quite a lot of variance concerning whether individuals believe that they should continue to invest or to rest on the amount that they already invested.  In that regard, even though was criticizing some of the points of Biomech, I agree with him that there is likely increased value to have an interactive plan with regard to bitcoin holdings, even though I was criticizing his apparent assessment that trading is the only way to really profit from bitcoin (and to put one's BTC investment to work).  Maybe in the end, I agree with a lot of his points, except I have some difficulties with his apparent assertion that trading is good for everyone, when in fact some BTC investors may not be at that stage of their BTC investment, and they may never really be comfortable with the concept or practice of trading their BTC holdings.

Forgive me, I didn't mean it as a blanket statement. I should have been more clear Cheesy

I just have a disagreement with the "hodl" no matter what crowd. And yes, I do realize that a lot of them are just playing. My overall strategy (always evolving, of course) is to trade advantageously, and over time continue to increase my holdings, but to keep a large portion of it liquid and in motion. Accumulation for it's own sake holds no rewards for me, personally. Others may have very different overall goals than me. I'm both a cynical optimist, so I see a lot of roadblocks along the way. Obviously to most people, I intend to live a decent life. I also would like to become wealthy, and it is a goal, but in the near term, getting well above poor is a better one. I've not really achieved that, yet, but I've made pretty good strides in that direction. Because I've become a moderately good trader, I have improved the lifestyle of myself and my family, and that involves not holding a great deal AT THIS TIME, but slowly increasing the part that does just sit. I'm aiming for 10% of my profits to remain in BTC by the end of first quarter 2016. Whether I'll be able to achieve this remains to be seen.

I also had quite a bit of beer that night, and I'm not much of a drinker Cheesy
446  Bitcoin / Pools / Re: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: November 29, 2015, 07:41:26 AM
I just voted in the Coindesk "Most influential People of BTC in 2015". It looks like someone at Coindesk forgot to put BTC Guild on the list so I'm sure a few of you, from here,  can find their way to use the write in at the bottom like I did.  HINT..ef'n..HINT!!!

Thanks for the mention, but I'm certainly not an "influential" person in Bitcoin.  I ran a good pool, kept things running smoothly for 4 and a half years, and decided to gracefully shut down the service (and give people 6 months to clear old accounts) to make sure it ended on a positive note and under my own terms, not as the result of legal action or even worse, malicious actions.

When I hear influential, I think of people that are actually "doing something" for Bitcoin.  Either by pushing adoption, working on improving usability, working on improvements, or trying to inform/direct legal authorities into making decisions that will do the least damage if they insist on doing anything at all.  All BTC Guild really did that fits into any of that would be BIP32 support and then voicing opinions on BIP 100/101 and my agreement that block size should be increased.  But that's the real limits of influence:  Suggestion/confirmation.  I don't make myself an advocate and preach the benefits of them.  Oh, and my continued assault on  SPV mining done by pools like AntPool, BTC China, and F2Pool, meaning over 50% of the hashpower on the network isn't even doing their damn job properly.

I really must disagree. Your post above in fact illustrates exactly WHY you are very influential. You ran an honest business in an era where bitcoin mining was very much like the Hollywood version of the old west. You helped a lot of people without much or any motive to do so, and when you did shut down, you did it exactly right. The example you set IS the standard that others are measured by, and most come up short.

While you may not be an activist in the street, the example you set will be forever part of the early history of cryptocurrencies, and Bitcoin in particular. One of the very best parts of that history. Your opinions carry far more weight than I think you realize.
447  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GameCredits - The future of in-game monetization on: November 29, 2015, 07:12:40 AM
Why new thread?

We've discussed it for a while. Mostly to keep it uncluttered, as we're working on some pretty exciting stuff. Also, of course, FUD control. Moderation of the forum is ... well, random. So we wanted a bit greater degree of control. Luckily, this community has been remarkably positive over the time since we relaunched, so it's nothing against anyone who has been involved with us in any way.

Since we are about to start several things in development and at least a couple of exciting releases in the very near future, we decided a clean slate would be a good idea. None of us are prudes or thin-skinned, so the axe will be swung only in extreme cases.

If anyone wants to have a completely unmoderated thread (or the BCT variant thereof) feel free to start one. Or if enough of you ask for it, we'll start one. We just want to keep the official thread a bit tidy.
448  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: November 25, 2015, 06:07:44 PM
Cryptsy was under DDOS last night, that might have been the issue. It was hard to connect and hard to stay connected, and lasted a couple hours. I wasn't trading, so I didn't actually look at wallet status, I was just talking to some of the guys when it was happening.
449  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: November 21, 2015, 04:30:53 AM
God I really don't want to get in to it with you again, but if you think that of that $8.9M in compensation, all of it was actually "Paid", you are a complete fool.  There is a discernible difference between money that was "paid" and stock options awarded.  Let's put it this way, if the company awarded millions of shares to the management team for their work, but the company tanks and the shares are worth zero, how much did the directors make? Besides, Stock Options are not even Stocks, they are commitments that only create benefit if things go well for the company.  Things are not always as they seem, and the salaries and bonuses they are actually paying their management are not exorbitant by any stretch.

Dogie,

Finsky makes the point above quite well.... I never said I was not qualified, just that I would not get into it with you since you do not even understand basic terminology, no point in discussing the specifics when you don't have a grasp of the basic terms being used throughout the filings...

I'd remind you that in any debate, you're not trying to convince your opponent, but the audience.

I for one would like to know more of the technical aspects here. I have a not insignificant amount of stock options in the company I contract to, and it was my understanding that aside from a specific purchase price being guarnateed IN THE EVENT that the company becomes valuable, they're basically a hope for the future, not an actual salary. (No, I don't feel I had it misrepresented to me, I'd just like to know more about it. ) As for this specific case, I've yet to here a serious complaint against Spondoolies that has not been resolved regarding their hardware. Unfortunately, I have no dog in the fight because I couldn't afford the machine that I really wanted Cheesy Maybe on the used market...
450  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: November 17, 2015, 06:35:52 PM
I love this thread Cheesy It never dies.

But of more substance, I have to disagree with the "hodl" crowd in most instances. I have gotten to the point where trading BTC is how I make the bulk of my living, and you pretty much have to play that day by day. On the most recent spike, I made really good money, but I make decent money every day. Money sitting in a vault does no good. It's purpose is trade, and that is how you increase your holdings.

Longer term, it's definitely a good play to have some BTC, dollars, diamonds, and etc. in storage, but not the bulk of it. Money in play, whatever form it's in, is where the profits are. And the losses, if we're to be honest, but carefully investing your assets will make you "wealthy elite" far quicker than waiting and hoping.

Good for you that you have the skills to trade successfully. I guess many here doesn't have these abilities or the time and patience to learn it.Risk to lose shouldn't be underestimated.And that's the reason everyone should do what he can do best to increase his BTC amount.

It took a long time to get decent at it. I'm far from good at it, but I do make a living. Along the way, I lost quite a bit to that learning curve Cheesy Primarily, the skill you need most is a good head. If you can be patient and vigilant at the same time (the former is very hard for me), you'll make money. Faking patience has been of great value to me. And of course, watching the peaks and valleys and buying low and selling high Cheesy
451  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: November 17, 2015, 06:32:44 PM

I qualified it Cheesy But even savings in a bank is actually invested, you're just not the one dong it. Interest is paid to you out of profits from the interest they charge to lend the money that you hold, essentially a partnership. Except in the banking world, they hold all the cards.

Money just sitting in a vault, as I said, is not likely doing you any good. A smallish portion, for emergencies and future speculation, sure, but overall the purpose of money is trade, and that's how you increase your stash.

Think of the people who sold a large part of their stash during the early 2013 run-up thinking they had made a killing seeing as they bought their coins in low double digit.... I'm guessing some of them would love to have these coins back.

I understand where you're coming from but the "purpose of money is trade" notion is simply broken economics.

http://blog.oleganza.com/post/43378777734/on-circulation-of-money

Quote
Economists err if they believe something is wrong when money is not in constant, active “circulation.” Money is only useful for exchange value, true, but it is not only useful at the actual moment of exchange. This truth has been often overlooked. Money is just as useful when lying “idle” in somebody’s cash balance, even in a miser’s “hoard.” (At what point does a man’s cash balance become a faintly disreputable “hoard,” or the prudent man a miser? It is impossible to fix any definite criterion: generally, the charge of “hoarding” means that A is keeping more cash than B thinks is appropriate for A.) For that money is being held now in wait for possible future exchange—it supplies to its owner, right now, the usefulness of permitting exchanges at any time—present or future—the owner might desire.


You make a good point. It has value TO the person letting it lie idle, even if just for the pleasure of it. My point, however, is that if the goal is to become wealthy, then simply holding it is unlikely to be a solid strategy. Holding a portion, and taking profit often and using the profit to generate more profit, that's the strategy I'm advocating. I would suppose that if you are already wealthy, the proportion you hold would likely increase vs. the portion you invest. I guess I'm getting at the idea that standing still is rarely useful to life or wealth.
452  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: November 17, 2015, 05:34:34 PM
I love this thread Cheesy It never dies.

But of more substance, I have to disagree with the "hodl" crowd in most instances. I have gotten to the point where trading BTC is how I make the bulk of my living, and you pretty much have to play that day by day. On the most recent spike, I made really good money, but I make decent money every day. Money sitting in a vault does no good. It's purpose is trade, and that is how you increase your holdings.

Longer term, it's definitely a good play to have some BTC, dollars, diamonds, and etc. in storage, but not the bulk of it. Money in play, whatever form it's in, is where the profits are. And the losses, if we're to be honest, but carefully investing your assets will make you "wealthy elite" far quicker than waiting and hoping.

Good on you if you are successful trading but that one bolded bit it quite wrong I'm afraid  Undecided

Savings have value and it doesn't make much sense to propose that one starts speculating with all of his available wealth.

I qualified it Cheesy But even savings in a bank is actually invested, you're just not the one doing it. Interest is paid to you out of profits from the interest they charge to lend the money that you hold, essentially a partnership. Except in the banking world, they hold all the cards.

Money just sitting in a vault, as I said, is not likely doing you any good. A smallish portion, for emergencies and future speculation, sure, but overall the purpose of money is trade, and that's how you increase your stash.
453  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: November 17, 2015, 05:18:52 PM
I love this thread Cheesy It never dies.

But of more substance, I have to disagree with the "hodl" crowd in most instances. I have gotten to the point where trading BTC is how I make the bulk of my living, and you pretty much have to play that day by day. On the most recent spike, I made really good money, but I make decent money every day. Money sitting in a vault does no good. It's purpose is trade, and that is how you increase your holdings.

Longer term, it's definitely a good play to have some BTC, dollars, diamonds, and etc. in storage, but not the bulk of it. Money in play, whatever form it's in, is where the profits are. And the losses, if we're to be honest, but carefully investing your assets will make you "wealthy elite" far quicker than waiting and hoping.
454  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★ [GMC] GameCredits • A Multi-Platform Gaming Currency [GMC]★ on: November 16, 2015, 09:30:10 AM
hello GMC members.  i had a questions about specs.  how many confirms does it take in qt wallet before you can respend coins received?  how many confirms after mining a block reward? 

Technically, you can spend any transaction with one confirmation. Standard is six, many places will accept three.

For block reward, the internal default is 100 confirmations. Again, you CAN override it, but it's not recommended.
455  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: November 15, 2015, 12:22:34 AM

Stepping on SOAP BOX,
What makes the Governments think they have a right to know how much of anything you own in the Real or Virtual Worlds.
There was no clause setup for their right to spy on their citizens in the original US Constitution, in fact it was the opposite.
The original founders knew without privacy there can be no freedom.
The Fourth Amendment (Amendment IV) to the United States Constitution is the part of the Bill of Rights that prohibits unreasonable searches and seizures and requires any warrant to be judicially sanctioned and supported by probable cause.

The above amendment is being totally ignored, which should tell you the US is more dictatorship than democracy.
The right to property & privacy is being ignored , Ann Rand predictions have been coming true for years. (https://en.wikipedia.org/wiki/Atlas_Shrugged)
Civil Forfeiture : http://endforfeiture.com/
Stepping off Soap Box.

 Cool


Small point of correction, the US is a Republic, not a democracy, but we get your point.
[/quote]Major point of correction. The US WAS  a republic prior to the 17th amendment to the constitution, and is now a democratically elected Oligarchy. With the abolition in all but name of the Senate, the Republic ended.
456  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: November 09, 2015, 07:03:24 PM
Need to pull the support from Cryptsy with their extremely low withdrawal limits other withdrawal issues...  Poloniex seems to be a good exchange without the same issues of scam accusations and withdrawal issues.  I suggest everyone send Poloniex an add coin request for TEK.

With my other projects, Particularly GMC, I've worked closely with both exchanges. If a lot of you request TEK, Polo will likely add it.

But let's be clear on another point: Cryptsy is a good outfit. Yeah, they got some problems, just like everyone else. But they're honest and they do a decent job across the board. TEK was born on Cryptsy chat, from what I understand, and a great many of it's adherents and supporters either do or have worked for Cryptsy. No reason to be uncivil to the exchange that has supported TEK since forever.
457  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: November 09, 2015, 01:10:44 AM
Any word on hard fork yet? Haven't seen Thundertoe in a while.

Last I talked to him, about three days ago, he was waiting on word back from a couple of people working on the code. Knowing the people involved, I would think very soon.
458  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Video Game list on: November 09, 2015, 01:09:23 AM
Is there a list of video games that use game credits?

Right now, just TurboCharged. A bunch  more, soon.
459  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [V] Version [V] | SHA-256 PoW + 60% PoS | Personal Storage Vault v2.0.1.2 on: November 07, 2015, 04:17:05 AM
Can anyone help me with solo mining? I get a No Stratum, GBT or solo pool message Sad
What software/hardware you are using?
The wallet, cgminer and bitburner fury

In my experience, it's easier to build a pool where you're the only miner. This is pretty easy to do. I'm biased, or frustrated, as I have never once been able to mine directly to ANY wallet. Probably my own fault, but that's not relevant. If you want to do so, I'll assist.
460  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★ [GMC] GameCredits • A Multi-Platform Gaming Currency [GMC]★ on: November 07, 2015, 04:08:56 AM
I haven't yet got it updated to insight, but the block explorer is now correct.

Also, some of you might have noticed that over the last two days, we had some serously long block times. One in excess of ten hours. I can't find any technical reason for this, other than a LOT of mining power went elsewhere for those days. While difficulty does retarget every block, it can take a long time to break that block if the hashpower goes away. Today, we're back on track, and have regained over half the previous hash loss. I believe that was the entire problem. I contacted all exchanges and services that I was aware of, there were no forks or other problems, just very long block times.

Also, it is taking a rather long time, but I'm cleaning up the code of all extraneous references from the various libraries and codebases it was built on. There should be a new version of the code very soon, and shortly after that, new compiled wallets. This will not be a mandatory upgrade, as functionally, it will be identical. Just properly branded Cheesy
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