Asic users will continue to attack bytecoin and no one will be mining bytecoin. Will ASIC users not be able to mine Bytecoin? |
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The coin will be dead and all you can think about is losing customers from your Google exchange once we get a real exchange. I will be sticking with original Bytecoin and will not go to any forks of the code; the only code changes I will accept are updates from the main Bitcoin source.
What customers? Nobody's PMed me about RBCex in three weeks.  My support for Bytecoin comes from the fact that the code is identical to Bitcoin. If the coin forks, my support for the new fork will not equal my support for the current chain. Whether I trade it on RBCex or not is a separate decision. I might happily trade both, come to think of it, but I'll use "Bytecoin" to refer to the original Bytecoin, thank you very much. |
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I will be sticking with original Bytecoin and will not go to any forks of the code; the only code changes I will accept are updates from the main Bitcoin source.
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Hey, I see Jeffrey Tucker in one of those pictures!
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I keep watching, and mining, and I'm hoping to see TestnetWallet soon.  You know, it's actually hard to believe there hasn't been an online wallet for testnet before. It seems like a sensible thing for someone to do even if testnet coins don't gain any value. |
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No currency will change the fundamentals of the human condition. There is no utopia to be found on this mortal plane.
You're right - we should continue to accept and authorize government intervention into the economy.  |
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Bankruptcies are natural part of business. The problem is results from them. Without them there would be lot of inefficiency, which would mean employment, but on other hand also poverty.
Governments don't do good job, but I don't believe other options are better just yet...
It would also affect our technological evolution, as companies would be much less willing to risk new things. Most of the items we get in stores are based on someone feeling confident enough to risk everything in order to go for it. I don't know what a lack of bankruptcies would do but I have the feeling it would be a big problem. The point is that government regulation of the economy causes bankruptcies. The point is not to eliminate bankruptcy law. The point is to stop tampering with the economy and screwing things up such that people become paupers. The point is to end misery. |
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This is why I am involved in Bitcoin: The economy is not a machine. It is an ecology made of biological organisms -- humans. It is far too complex for any government to fully understand or improve, but governments try to do this. They play God. The result is bankruptcies, unemployment and poverty for millions of good people who have never harmed anyone. The Clipper Ship Strategy, Richard J. Maybury |
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I would have preferred to avoid downloading all the blockchain and setting up a software
But yeah that's a solution if the block explorer isn't repaired soon
Downloading testnet blockchain is a much easier feat than regular Bitcoin blockchain. BTW, theymos turned over blockexplorer to someone else a few months ago. |
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Evil people are now keeping my bitcoin price stable, but I'm not sure who to blame for this one.
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Well, I liked CRC, and my previous suggestion was BTC0 (for "zero" value) but BT3 makes sense, since there may well be a BT4, especially if BT3 gains value.
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The U.S. gov hasn't targeted the whole of Gox, yet. Just the Dwolla account, which was obtained with information the U.S. gov deems incorrect.
I'm sure they are looking for other weak links as well.
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1. Bytecoin!
2. BBQcoin!
3. BT3: Bitcoin Testnet
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Why would you name a coin like this ? It's kind of funny sure but can we really expect something serious out of a project with such a silly name ? I know it might be a detail for some but it can make a great difference. The coin is named after one of the most respected names in the altcoin world, so I was immediately sold. I would've used it even if it was a scrypt coin! |
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If I had all the time in the world I would love to try to implement a fresh cryptocoin from scratch, starting with the Satoshi whitepaper as a basis. One fairly easy new feature I'd like to include would be to use an arbitrary precision decimal class so that currency units could be infinitely divisible from day one.
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I agree. This is far too urgent to put off until people come up with their own slang terms, we must decide this now, once and for all. It is also a matter too important to let languish in any of the hundred other threads, we should each make one new thread about it.
Exactly. We should also establish a central authority who prosecutes anyone using anything but the official nomenclature. Use weapons to enforce it. No, we should implement this in code. Anybody using unofficial units will have demurrage taken from their Bitcoin addresses with each block generation. |
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It may be 1 year, 10 years, or 100 years before Bitcoin or some other cryptocurrency reaches general acceptance.
In the meantime, if you are mining and saving Bitcoin, you are participating in the premine. If you are buying and saving Bitcoin, you are funding the premine.
By the time Bitcoin reaches general acceptance, some number of cryptocurrencies may also reach wide acceptance. If you are mining and saving, or buying and saving, those coins, you are participating in the premine.
There's nothing in the world wrong with premining. We are all doing it.
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Thirdcoin should have a testnet.
Oh, and the release is creeping closer: 2016-11-11 03:48:43 UTC. Guess I better get to coding.
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