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4801  Economy / Speculation / Re: Max Keiser promoting Bitcoin on: April 06, 2016, 03:59:36 PM
Did Obama really say that? If so, Bitcoin price would go through the roof as soon as he said.ˇ, IMO

He did say it - and the price didn't budge because of the blocksize problem. Basically blocksize is holding up everything, and if it's not resolved by July, many people who have been holding on due to the halving, will bail.
4802  Economy / Speculation / Re: Max Keiser promoting Bitcoin on: April 06, 2016, 03:52:16 PM
that's just Keiser being himself.. i lost every respect for the man after he created and promoted that altcoin of his. he sold him self cheap, and
i dont think anyone should take him too seriously.

Someone else created a coin after him and Max was stupid enough to actually say it in the video so the coin got a chance to be pumped by dumb people.

I think he got a cut of the coins, which is why he was so keen to promote it...
4803  Alternate cryptocurrencies / Altcoin Discussion / Re: ATTENTION ECONOMY {data} on: April 06, 2016, 03:15:54 PM
micro-payments make so much possible.

Not in the ways you are expecting:

Making users pay a micropayment to access a web page is never going work. The reason is because the cognitive load of each action is far too high:

http://www.shirky.com/weblog/2009/02/why-small-payments-wont-save-publishers/

Yet another stupid shit coin.


So the users have the ideological motivation, but when it comes down to it, they prioritize what is convenient, efficient, and serves real needs they have, such as contacting mom and cousins on Facebook. That is the hurdle the the irrelevant income offer doesn't solve.

This is where we differ.  You think people will perceive the income as irrelevant where as I do not.  Even if they earn enough money to purchase a few meals out a year,

Seriously I've learned the hard way several times in my life with failed projects that humans prioritize their important desires and needs. That income is absolutely irrelevant and worse yet is an insult to many people (which is why ChangeTip must die).


Well, I think calling it an insult is a little severe.  Most people would welcome any money they could earn off their online participation.

Read the linked "why ChangeTip must die".

The only coin I've seen people use for micropayments/tipping is Doge. And that is not really because they believe in micropayments, but because the doge culture enjoy surprising people with a few coins. But how many people are shibes and how many are into that culture? Not a lot in the grand scheme of things.
4804  Alternate cryptocurrencies / Altcoin Discussion / Re: Ad-blocking dilemma is solved by cryptocurrency. on: April 06, 2016, 03:10:32 PM
Why do we need a new specific coin for this? How about using an existing cryptocurrency that is rather known and already widely used?

I agree that micropayments are indeed a great area of application for cryptocurrency.

Well Brave.com is a browser that will use BTC for this. See

https://brave.com/blogpost_3.html
4805  Alternate cryptocurrencies / Altcoin Discussion / Re: Will the Panama Papers open eyes of public towards Crypto? on: April 05, 2016, 05:52:41 PM
I agree, doesn't need to be just about Auroracoin, it's just what puts it into good perspective towards the influence it has on crypto. Auroracoin is extremely close to general adoption in Iceland, it just got a mayor push here thanks to those papers.

What do you mean by "extremely close"? Are retailers there accepting aurora? Landlords, mortgage companies? If no, it's not extremely close at all.
4806  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is what you want on: April 05, 2016, 05:50:15 PM
The bull market (is here and is coming) is coming in Bitcoin and that means that Litecoin will thrive. Now it starts in all its good timing. LTC will fulfill your wishes and then some. Snowden approves of this.

Can't tell if sarcastic? Poor LTC is the one coin going backwards.
4807  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum in NYTimes on: April 04, 2016, 10:09:50 AM
Seems like ethereum already won the battle of the altcoins. 

Probably will exceed bitcoins ATH market cap by 2017.

Exciting times.

It's too early to say.They need to sustain their position for at least a year. For the moment, they are doing as well as dash and others did in their early pumps where they were the #2 coin for a couple of months....
4808  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Litecoin no longer has a forum. on: April 04, 2016, 09:18:23 AM
Maybe the value of litecoin would start to go down pretty soon. It can't sustain this value anymore, IMO.
Or go up soon to sustain the mining costs.

Hoping that it happens. I have the amount of litecoins of almost $200 worth.

You better dispose that on the next spike, LTC's been on a down trend so you better be quick.

Agree. Litecoin has nothing to offer unlike other alts. It doesn't have fancy features like Ether or a great community like Doge. It's used as a trading pair on some exchanges, but notice this is being phased out. Polo uses Monero as it's second trading pair, Bittrex doesn't bother with a second trading pair. Once other exchanges phase it out as a second trading pair, I can't think what you would need to use litecoin for.
4809  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: YOBIT BECOME THE NEXT CRYPTSY - WARNING - SCAM ALERT on: April 04, 2016, 09:14:23 AM
any proofs?  Huh

Count all the BTCs traded daily on the market, compare it with the TOP amount of BTCs being traded. The TOP amount is bigger then the BTC traded a day, so they are creating a fake account so that they don't have to payout that 0.10 BTC. Prove 1.

More proof to follow.



Does it really mean they will be goxed or cryptsyed? Don't think so  Undecided
Why not ask them directly how it comes that top account makes more volume then all the markets combined?
Anything else? I'm kinda worried!

It is all a dangerous world... i lost several BTCs with Cryptsy, now i'm moving BTCs in and out faster then changing my underwear, and hoping if there would be another cryptsy that i'm just out at the moment.

This. Until there is an insurance scheme to protect exchanges from hacks, they are all vulnerable, and you should not keep coins there. Use the exchange for trading, not as a wallet. Do the trade, and then withdraw.
4810  Other / Off-topic / Re: Buying stuff with paypal nowadays on: April 04, 2016, 08:48:50 AM
I only use it to pay hostgator for hosting (I'm in Europe, and if i use a debit card, I get charged a handling fee because hostgator is a "foreign" site. Paypal solves this problem because no handling fee (and obviously if they accepted bitcoin, that would solve it too).
4811  Bitcoin / Bitcoin Discussion / Re: Overstock invests $4 million in Caribbean firm working on digital currencies on: April 03, 2016, 07:41:18 PM
Mmhh in the article of barbadosadvocate it is written the volume of the funding is $16million.
So how much is it really?

http://www.barbadosadvocate.com/business-news/mega-deal



Perhaps they've received the money in several tranches and the current tranche is $4 million, but the total received to date is $16 million?

The other possibility is that the barbados advocate is quoting in Barbados Dollars. 1 Barbados dollar is 0.5 USD.
4812  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts On RDD (Price/Volume Surge + Viability) on: April 03, 2016, 06:38:02 PM
RDD was crappy in the beginning and wanted to be the "Reddit Coin"
Pumpy Dump sat on a great wall.

Now what 2 years?  It has volume, or at least deep supports, and has made a switch to POS.

In reality it likely could go back over to Reddit and tip the Carp out of that place.

Being a solid 50satos coin is a possibility.

RDD switched to POS in August 2014. And that caused it's first pump back in 2014.

PoS is not a new development. They haven't really "gone back to reddit", the sub is kinda quiet, they're not really tipping over there. This is just a pump, it hadn't had one for a while and it was their turn...
4813  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts On RDD (Price/Volume Surge + Viability) on: April 03, 2016, 05:21:00 PM
https://poloniex.com/exchange#btc_rdd

Look at the walls: 13 BTC, 19 BTC

It was the same when the coin was on Cryptsy - outside of a pump, it barely moved because of the thickness of the walls. I had a sell order once that took three weeks to execute, because the walls were so thick.

Another high-volume day yesterday. RDD hit 21 SATs and 900 24-hour BTC trade volume. What is going on? Is this just a dedicated pump and dump scheme?

Yup. Pump and dump. Did the same thing back in 2014.
4814  Bitcoin / Bitcoin Discussion / Re: Mozilla cofounders adblocking Brave browser will pay you bitcoin to see safe ads on: April 03, 2016, 04:47:00 PM
I have just visited the website but it is no where written about any payment for advertising view.

Apart from the subject mentioned article, is there any other link that shows their payment options??

Also let us know if any other info is available like payment ratio and withdrawal threshold.

The details are in their blog:

https://brave.com/blogpost_3.html

Here's an excerpt:

Quote
Today we are discussing the Brave Ledger, a Bitcoin-based micropayments system for users and publishers. As part of our open source approach, we are sharing the specification with developers for comment and discussion. The code is currently being written, and we expect to revise the code based on feedback. At present, we are planning on having everything running (and released as open source) in our 1.0 Development release later in May.

...........For ad-replacement mode, once an ad campaign is reconciled and our advertising partners pay us, the total views from the ad-replacement users are aggregated into a weighted list for publishers. From the total payment, our ad-matching partner takes a share (15%), we take our share (15%), we reserve the user revenue share of the total payment (15%) for ad-replacement users, and the remaining amount is allocated to the publishers (e.g., 55%). The payment to each publisher is then calculated using the weighted-ratio method. In order to enhance privacy, the payment to each ad-replacement user is calculated independently of the actual ad impressions served to that user – Brave Software does not keep track of which users were served which impressions.

So, what happens when you're in ad-replacement mode? The Brave Ledger makes a transfer of the user revenue share to your Brave wallet! You have two choices: you can "donate" the funds to your favorite sites (this is the automated default); or you can transfer the funds to another Bitcoin wallet and spend them yourself. However, in order to take money out of the system, Anti-money laundering (AML) and Know your customer (KYC) regulations require that Brave Software verifies your identity. If you choose to verify your identity, then you'll need to demonstrate control of a phone number and an email address. Even so, there will be no way for Brave Software to correlate your browsing history with payments to your wallet.

Publishers (the sites you visit) will also have to verify their wallets to get paid, and the difficulty of validation will – owing to AML and KYC regulations – be more stringent, but proportional to the size of the publisher. One of the nice features of the ad-free model is that accounting is entirely transparent – everyone (users and publishers) can examine the BTC blockchain and see the transfers going to and from the Brave Software escrow accounts. (There are many wonderful advantages to using Bitcoin for the Brave Ledger, but that’s for a future blog post… we promise!) Note also that because most users don’t change defaults, most users will default-pay their top sites, and so the aggregate share to publishers through the system is 70% of ad revenue.
4815  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Two Bittrex accounts hacked today. on: April 03, 2016, 03:46:12 PM
The thing is that I stupidly been keeping my coins on the exchange, I haven't downloaded a wallet for several weeks, even then because i'm a linux  user, I always compile from github source.

What was the last wallet you downloaded? Which coin, I mean. Same question to the others who were hacked.
4816  Bitcoin / Bitcoin Discussion / Re: Mozilla cofounders adblocking Brave browser will pay you bitcoin to see safe ads on: April 03, 2016, 03:37:39 PM
Is the browser ready to go now?

Yes. See

https://www.brave.com/
4817  Economy / Trading Discussion / Igot Bitcoin Exchange Is On The Brink of Collapse on: April 03, 2016, 03:10:57 PM
http://themerkle.com/igot-bitcoin-exchange-is-on-the-brink-of-collapse/

Quote
Ever since the Igot service was launched, there was a general buzz of excitement among Bitcoin enthusiasts, as this platform was designed to let users buy and sell digital currency in a convenient manner. With no transaction fees for any transaction, Igot was on the right track to becoming the largest Bitcoin exchange platform in the world.

Unfortunately, it looks like things have gotten out of hand over the past year, as complaints regarding Igot have been surfacing for quite some time. Back in July of 2015, various scam allegations had come up, as withdrawals were delayed beyond measure. Whenever a company is dealing with customer funds, delays are not acceptable.

However, Igot founder Rick Day rebutted these allegations, as he blamed factors beyond the company’s control for the withdrawal issues. Apparently, the exchange had received a few fraudulent transactions, despite users having to go through a thorough verification procedure before being able to deposit funds in the first place.

Moreover, the Igot owner claimed the platform had been plagued by DDoS attacks which slowed down day-to-day operations for the company as well. Rather than a traditional denial-of-service attack, Igot was plagued by tons of tiny Bitcoin transactions, clogging up the wallets. However, Bitcoin community members were getting tired of all of these excuses, and things only went from bad to worse for Igot ever since.

Fast forward to today, and there is no customer support staff answering incoming emails or support tickets. To make matters even worse, Igot has been inactive across social media for quite some time, which is only adding to the overall concern.It looks like the end is very near for Igot, and customers who still have funds stored in exchange wallets would do best to file a report with local law enforcement.
4818  Alternate cryptocurrencies / Altcoin Discussion / Re: future of reddcoin on: April 03, 2016, 03:03:04 PM
no one mentions the real value
microtransacts
RDD has consistent solid supports

and social media platform which all the new new ICO of the week flout

Most microtransactions are done via Doge. What does redd offer that doge does not?
4819  Bitcoin / Bitcoin Discussion / Re: Mozilla cofounders adblocking Brave browser will pay you bitcoin to see safe ads on: April 03, 2016, 02:55:53 PM
sounds perfect! I've been looking for a sucker corp for a click fraud abuse campaign.

Woot!

/s

I don't think they're paying per impression or per click. I think it's more a flat payment. You either pay them to have no ads, or they pay you a flat fee per month to see ads.
4820  Bitcoin / Bitcoin Discussion / Mozilla cofounders adblocking Brave browser will pay you bitcoin to see safe ads on: April 03, 2016, 01:38:19 PM
http://www.pcworld.com/article/3050923/software/mozilla-co-founders-ad-blocking-brave-browser-will-pay-you-bitcoin-to-see-safe-ads.html

Quote
Brave, a new privacy- and speed-focused web browser helmed by Mozilla co-founder Brendan Eich, has a plan to get you to unblock ads.

First announced in January, Brave is a web browser for Windows, Mac, Linux, iOS, and Android that has ad blocking built in. But instead of eliminating ads entirely, Brave wants to replace them with speedier, non-intrusive ads from its own network. Users who agree to see these ads will then get paid in bitcoin.

Under this plan, advertisers pay for a certain number of impressions, and Brave aggregates those payments into one sum. Websites that participate in the scheme get 55 percent of the money, weighted by how many impressions are served on their sites. Brave then divvies up the remaining bitcoin between itself, its ad-matching partner, and the users, each getting a 15 percent share.

For both users and publishers, Brave deposits the money into individual bitcoin wallets, and both parties must verify their identity to claim the funds. This requires an email and phone number for users, and more stringent identification steps for publishers. Users who don’t verify will automatically donate their share of the funds back to the sites they visit most.
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