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461  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Nxt :: descendant of Bitcoin on: November 02, 2013, 10:41:44 PM
Are Bitcoin Wiki and bitcoin.org and welovecoins registered and run by Satoshi? (maybe some of them are, I don't know, but that makes him easier to identify, and he is not known to the crowd yet)
It will not take too much time after a successful launch that a foundation could be put in place. If it gets some popularity, there will be some of more relaxed open members or investors who start to make it publicly placed in some registered WWW domain. But the main platform will go on with or without these features. (as BTC would have worked without those above-mentioned sites, though much much less popular or known)
The site is not a big concern now.
462  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Nxt :: descendant of Bitcoin on: October 30, 2013, 06:50:51 PM
My time is a very valuable resource.  Do you want me to spend it on taint analysis and then just send the coins back to a guy who violated the agreement?  I do not like this idea.  Though I can not just keep this coins without giving NXT, the taint analysis is not 100% reliable.  I will decide when all other issues are resolved.

Given that scenario, your response makes the assumption that the investor explicitly understood there was a hard cap of 1 btc.
Here is where the cap was put in effect. Part of my post (#194 of the same thread):
Quote
May I ask BCNext and also Cunicula about how relevant or necessary it is to put a cap for sending bitcoin to 1BCN address?
Although one can still send 1BTC 100 times instead of 100 BTC once, but the hassles and complications of sending 100 times makes the first option less probable and harder keeping the track of, for the sender.
Our main concern is about a normal distribution of the genesis block coins to more users, we don't want to have some people owning 100M coins each at the launch point, because it will either kill the coin life cycle and bring a lot of security concerns as it is a pure POS coin, or will make it very unattractive for future users (remember ripple)
BCNext replied me there in post #197 and put the 1BTC cap. Some people may try to bypass the cap by sending several times, but with the same reason as to why a 51% attack would be more expensive for the attacker (bitcoin wiki), any attempt to manipulate the distribution by bypassing the cap will result in a less effective and unpopular coin model, that makes it more prone to fail, and therefore more financial lose for the ones who bypassed the cap consequently.
Still BCNext can make some taint analysis later when he got free of coding. The way he doesn't determine the penalty now is good and clever. People who break the cap rule shouldn't have an exact estimation of what may happen to their exceeding the cap investment. They might be confiscated, or return back to them or whatever... so make your mind before bypassing! Wink
463  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Nxt :: descendant of Bitcoin on: October 26, 2013, 10:44:19 PM
So one user is allowed to send as many transactions as he wishes, either using the same hash and bitcoin address, or same hash and different btc address, or different hash and different btc address, or different hash with the same btc address, as long as he is following the cap limit and not exceeding it? Asking for utmost clarity Wink
464  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Nxt :: descendant of Bitcoin on: October 26, 2013, 10:25:00 PM
You ll need some advertisement, media projection, like in reddit and twitter+ an article in coindesk.
250 users is the minimal necessity, 1000 is an average good number.
465  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Nxt :: descendant of Bitcoin on: October 26, 2013, 10:12:05 PM
Out of curiousness: what will be your own stake, will you own a predetermined number of coins, or you ll also send some btc to that address following the cap?
PS: seems putting that cap accelerated the sending speed and amounts  Wink
466  Alternate cryptocurrencies / Altcoin Discussion / Re: [Nxt] Decentralized App Store on: October 25, 2013, 07:24:23 PM
Why to split data among different chains?  Keep it simple.

Reputation system will help to fight scammers.  It will not remove them completely but still...
Because you seem to have a way to resolve the well known blockchain bloating problem (apparently by cutting it annually, though I guessed you may use a merkele tree first). Messaging and other stuff may bring a lot more chain volume that brings the bloat headache the other way.
467  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 25, 2013, 06:17:18 PM
Sorry for not making this a moderated thread. I tend to have a high bar for deleting posts on my other threads (typically they have to be really abusive), but he finally crossed the ignore threshold for me too.
Post a big red warning alarm (also add it in the OP) addressing the transfer of this thread to a self-moderated new one, you should have done this much earlier Wink
468  Alternate cryptocurrencies / Altcoin Discussion / Re: [Nxt] Decentralized App Store on: October 25, 2013, 03:51:48 PM
Why not storing messages and all other extra stuffs in an embedded blockchain outside the main one, and make them interacting to each other?
what is the mechanism for controlling the purchase of the goods, if a seller receives cash and do not release the product? Since there is a possibility of publishing fake non-existent products which may scam a lot of people before the network globally get awareness about and react. What is your provision for this?
469  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 25, 2013, 01:54:29 PM
Quote
sanity ? lmao selling coins of some unclear protocol that is at odds with the BTC devs ...yes BUY BUY BUY!!  Grin LOL
Well you say the same thing as me, but with opposition mark Huh Disclaimer: I sold 90% of my coins Wink
But if dacoinminster's neutrality and passiveness do not kill his own project, I believe the real price (WHEN AND IF ALL THE FEATURES ARE IMPLEMENTED) is about to land and stay around the 1 BTC horizon.
Some kids are excited and spamming these threads reasoning about why it will be 20-30 BTC per MSC by two or three years, I invite them to do a simple multiplication (~600K MSC*30 BTC). God bless btt community!
470  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 25, 2013, 01:39:40 PM
offering 300 @ 0.11 BTC
well this sooner or later would happen. Those >5K MSC holder dragons will be wakening one by one if they see the price is going up madly. Still I believe dacoin's possible offer is caused by his integrity to push back the things to sanity again!
471  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 25, 2013, 01:29:54 PM
What is dacoinminster's offer? I don't see anything here or in the order book Huh
Thanks to Luckybit and a few others this and the main thread is almost unreadable, fooled by...posts Angry

472  Alternate cryptocurrencies / Altcoin Discussion / Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address” on: October 23, 2013, 09:11:53 PM
Tachikoma and Zathras: could you have a look into this?!
I had a deal to sell 16.5 MSC to jeroenn13 (maxmint acting as our escrow) I already sent them to his address:
Sender address:    19feAR37pguLwDyEMc8oiW2WT4esrgR5z6
Receiver address:  19b5BiXWZERFoCNhVKiYDf9i829P1W1wiE
Here is the raw transaction of my sending visible in the bitcoin blockchain:
https://blockchain.info/tx/9e44d015f0aec437e0ad4e5c4d3dd474918f6dac01fe64edf339d71c09c0d398
But the tx and balance changes are not shown in mastercoin-explorer and masterchest both, and even worse, the receiver's address shows 500 MSC balance in mastercoin-explorer, but shows 600 MSC in masterchest. Could you look into this and clarify what is happening?
473  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 23, 2013, 08:03:55 PM
http://mastercoin-explorer.com/advisors/new
Quote
We're sorry, but something went wrong.

If you are the application owner check the logs for more information.

Is anyone else receiving that error?


Same error for me. I used it before few weeks ago,
Why did it stop working?
Not only that not working, but also they (masterchest and msc-explorer) do not follow transactions atm, not showing my tx though the raw data is visible in the bitcoin blockchain. They both seem to be off for the time being Sad  
474  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 23, 2013, 06:58:58 PM
Max I already sent 16.5 MSC to Jereonn13 address, if everything was OK, send me 2.1 btc from the escrow address (keep 0.045 btc as a tip)
Thank you again!
PS: also please remove my ask offer from the orderbook for now.
@dacoinminster: that  http://mastercoin-explorer.com/advisors/new doesn't work from here Sad
      
475  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 23, 2013, 12:12:39 PM
Max you have changed my ask order place to the 0.13 btc range, but it still shows the 0.2 btc price.
476  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 23, 2013, 10:53:49 AM
Max please put my 16.5 MSC sell offer at 0.13 btc price (and remove @ 0.2 one)
Thanks Smiley
477  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 23, 2013, 10:21:22 AM
The order book is a bit confusing, there are a lot of bids at 0.1 and 0.120 and still people traded at 0.14 last night Huh
What is the lowest bid available? Meanwhile I would like to thank Max for this painful job of ordering our hazy speculations Smiley
478  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Nxt :: descendant of Bitcoin on: October 22, 2013, 06:13:20 PM
when does the beta-test get started?
479  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 22, 2013, 01:49:04 PM
maxmint please put my sell offer for 16.5 MSC each at 0.2 btc Smiley
Thanks in advance!
480  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Nxt :: descendant of Bitcoin on: October 22, 2013, 01:00:51 PM
You can make a poll to ask about it from current stake holders.

How will I know that a particular forum member is a stake holder?
Sorry I became a dude Cheesy Okay you may simply make a poll to test the water. And better to mention that you have not to assign those 1M coins (or let put a smaller amounts for more confidence) to advertisers at once. You promise to give them some coins proportional to their efforts. dacoinminster put 420 MSC for the giveaway and shared them during August very slowly, and to our surprise 70% of coins are still not distributed two month after the closing date.
 
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