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501  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tron(TRX) is the top 3 cryptocurrency in the market - trading volume on: April 06, 2018, 03:01:33 AM
Thats because Tron was listed on Bithumb starting yesterday. Lucky for them they have an ICO treasure fund that can easily use to pay and have their token listed in big exchanges in Asia, while some good projects like Burst struggle to be listed in small exchanges lol.
502  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Announcing the PoC Consortium Stage 2: The Burst Dymaxion on: April 06, 2018, 02:44:47 AM
Hi rico666, I read this blog from Microsoft about investing 5 billion on IoT.

Microsoft will invest $5 billion in IoT. Here’s why.

Would Burst's the Dymaxion be an ideal fit for what they are attempting to do, and does it align with the PoCC's vision? Ty.
503  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 on: April 06, 2018, 02:27:44 AM
Thank you for brief report on what happened during the last week:
- the PoC Consortium released a 2.0.1 version of the core wallet.
- Qbundle has been updated numerous times – with v2.0.0, v2.0.1 and now v2.0.2,
- Core version 2.2.0 is still in the works.
- Burstcoin Guerilla Marketing (BGM)
- a new chart on the Burst explorer
- and more to come.

Congratulations, BURST community!
Weekly Burst Report #30

The Weekly Burst Report is a report published every Sunday meant to centralize and outline the important Burst information of the week. https://www.burstcoin.ist/2018/04/02/weekly-burst-report-30/

Which promising results and potential impacts of Burstnation on the Burst project in general, which we are waiting for?
Is there someone in here who is still active in the Burstnation forum? Relay this message from Rico666. Ty.

Its time to start moving forward. If there are differences between the PoCC and Birstnation that cannot be fixed, then the best move would be to leave Burstnation. Burstnation is a dead end.

Rico666's message for Burstnation

I already made a thread about Burst's updates.

https://bitcointalk.org/index.php?topic=2231841.0

I hope you can all join me there so that our discussions about Burst are better seen by the general altcoin community.

As for Burstnation, they love to complain but they have not done any development that matters for the project. I heard a guy called Focus made an Android wallet. But it was really nothing but an app that connects to the Burstnation webwallet lol.
504  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BURST] Burstcoin | Efficient HDD Mining | New Version 1.3.6 | Assets | CFs on: April 06, 2018, 02:22:53 AM
Will BURST ever be listed on Binance or other major exchanges? we need more volume
In fact, the main exchange takes place on three exchanges is Bittrex, Upbit, Poloniex why there is no delisting on the remaining is not clear and the appearance on Binance would be great for BURST.

Why are you talking about a delisting? Burst hasnt been in a better position to take on the top 50 coins in Coinmarketcap. Our only problem now is Burstnation trying to derail the PoCC's plans to upgrade to have the Dymaxion implemented.

Those jealous assholes should follow the program and if they are not happy, they can leave.
505  Economy / Economics / Re: China tells people to buy gold & silver on: April 05, 2018, 03:16:39 AM
I think, 2012 is the year were gold and silver has its highest price.

Silver fell to $9/ounce. China still waiting to buy gold and silver.

The article was also written back in 2009. I think China was maybe playing the role of a pumper, then dumped their gold and silver holdings on the market 2 to 3 years later. Look at the gold and silver charts. It tells the same story.

506  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof of Capacity's existence got validated by Bram Cohen's Chia on: April 05, 2018, 02:38:46 AM
The general difference from POS, is it all going to be done by hard drives? And how much will their resource last?

Hard drive mining in PoC will make your hardware last longer than ASIC/GPU/CPU PoW mining because PoC uses less energy, causes less heat and the all the work are done only once and are plotted in the hard drive.
507  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Burst vs. Tron vote! on: April 05, 2018, 02:33:25 AM
I guess I would prefer Tron. First to say: I dislike tron and never invested in and I believe its just weird ass speculative project. Burst doesn't sound like interesting idea for me, sad to say.

Have you read the Dymaxion whitepaper? If that does not make you interested, then I dont know what will. It is one of the most advanced attempts to upgrade a cryptocurrency into much more. Think IOT.

Dymaxion Whitepaper
508  Alternate cryptocurrencies / Altcoin Discussion / Re: A new type of consensus protocol on: April 04, 2018, 03:22:18 AM
The network scheme is shown as below:


Are you serious? I am getting the giggles when I see the flower and the honeycomb in the diagram. I assume the worker is the bee gathering the honey then lol?

509  Alternate cryptocurrencies / Speculation (Altcoins) / Burst vs. Tron vote! New poll!!! on: April 04, 2018, 03:02:36 AM
Burst is an old project and the first cryptocurrency to have hard drive mining, called Proof of Capacity. It has no premine and its not an ICO. Its new Dymaxion upgrade will make it possible for offchain smart contracts and decentralized apps to be made.

Tron is a new project that had a successful ICO and will compete vs. Ethereum and NEO. It also has a very ambitious plan to replace Ethereum as the first choice platform for smart contracts.

Choose one.
510  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof of Capacity's existence got validated by Bram Cohen's Chia on: April 04, 2018, 02:47:46 AM
Well, they do not even mention Burstcoin  in their paper:

https://eprint.iacr.org/2017/893

Yeah we are aware. They want to make it look like that they are the first in Proof of Capacity. But they do mention and criticize it in the FAQ of their site.

All attack vectors on PoC will be removed once Burst upgrades to PoC2.

PoC2 explained: a needed security upgrade

.
511  Economy / Marketplace / Re: [Question] Bitcoin Quilts would you buy one? on: April 04, 2018, 02:39:38 AM
Spazzer, why dont you open a shop in OpenBazaar? Its a decentrlaized market place for BTC users. You would have more exposure for your products and help with OpenBazaar's adoption at the same time.

I appreciate the suggestion and I will look into it.

Not a problem. Please dont forget to post your OpenBazaar shop in the thread once you have decided to set up one.

Another place to advertise your quilts, and where they would really be appreciated is in /r/bitcoin.
512  Economy / Economics / Re: Cryptocurrency Hedge Funds Have Closed in 2018 on: April 04, 2018, 02:31:44 AM
This doesnt look like a good sign for cryptocurrency prospectors. I am willing to hold on to my Bursts as a long term investment but if those hedge funds are cutting their losses and are closing, then maybe we should not expect the bull market to come back soon and we should let go of our coins too?

NO. WE WILL HODL!

Have you heard of the monkey experiment? Basically they got a monkey to throw darts at a board of stocks and the monkey's portfolio outperformed most hedgefund managers. They might sound sophisticated but honestly, Im gonna bet that they probably don't know much more than we do, its just that their risk tolerance is much lower than ours because its their client's money.

Thats true in a bull market because you will have more chances to pick winners. But in a bear market the "dart experiment" will not work. The best move would be avoid investing if you cannot stomach the paper losses.
513  Economy / Economics / Re: Cryptocurrency Hedge Funds Have Closed in 2018 on: April 03, 2018, 03:05:46 AM
This doesnt look like a good sign for cryptocurrency prospectors. I am willing to hold on to my Bursts as a long term investment but if those hedge funds are cutting their losses and are closing, then maybe we should not expect the bull market to come back soon and we should let go of our coins too?

NO. WE WILL HODL!
514  Alternate cryptocurrencies / Altcoin Discussion / Re: Burst weekly report! The future is bright! on: April 03, 2018, 02:55:48 AM
This is one of the "quieter" updates from the Burst community but you can see that everything is ready for a big burst, pun intended, up.

The PoCC is already setting the point on where the hard fork, or the let's call it the jump to the Dymaxion will start to happen.

If you dont follow Burst's development, its a good time to start now.

Weekly Burst Report #30

  • At the end of last week the PoC Consortium released a 2.0.1 version of the core wallet. It was followed by the 2.0.2 version published this wednesday, but some remaining issues resulted in a high amount of stuck wallets. A 2.0.3 version was finally released this Sunday . “Several PoC Consortium members believe 2.0.3 is as stable as 1.3.6cg”, according to rico666. If this proves to be true in the coming week it would mark an important achievement for the development team and for Burst as a whole.

  • Qbundle has been updated numerous times – with v2.0.0, v2.0.1 and now v2.0.2, it finally includes the latest core wallet version and most known bugs are now fixed. These releases were particularly important for the network, because they enabled the UPnP feature within Qbundle to configure your wallet as a full node in a few clicks. As a result, the number of full nodes almost tripled in just a week and now exceeds 950. This is a great news, as the Burst network is growing more decentralized, thus more secure than ever. It also shows that we have a very active community.

  • Core version 2.2.0 is still in the works. “Developers are currently focused on unconfirmed transaction handling, which would improve scalability and make things easier in general”, explains PoC Consortium developer ac0v. All in all, simplification and optimization of the code is not finished yet and will also be part of the first upcoming hard fork. You can always refer to the milestones system to check development advancements.

  • rico666 wrote a little reminder about the Burst testnet. It has been overlooked lately, but it is a great way to learn about Burst features without risking to lose any real money.

  • In an effort to give community members the opportunity to actively contribute to the increased adoption of Burstcoin, a newly formed community-driven marketing group called Burstcoin Guerilla Marketing (BGM) was created this week and held their first organizational meeting today. Their mission is to engage with the wider crypto-sphere through a number of different media to spread awareness of Proof of Capacity, Burstcoin, and the exciting future it has with the upcoming Dymaxion hardforks. Marketing is just storytelling through different forms, and they are interested in finding innovative ways to tell that story to as many people as possible. If you have a knack for storytelling, animation, writing, social media, presenting, or any of a number of other critical marketing skills, the BGM would be excited to have you join their ranks. If you are interested, contact @BurstGorilla through twitter, hop in their discord at https://discord.gg/R5JnSQX, or send over an email to burst.guerilla.marketing@gmail.com.” – An introductory statement by @tiptopanonymous, main organizer of BGM.

  • The first organizational meeting that happened a few hours ago was an “overwhelming success” and augured great things for the future of BGM. We are still in the organization phase, but the first steps are already actively being taken by many community members.

  • Don’t forget to follow the @BurstGorilla twitter account to keep up with all the exciting Burst news. Expect many announcements in the coming days and weeks!

  • LinusTechTips made a video dedicated to Burst mining on their channel of 5.5 million subscribers!

  • The end of BurstNation: rico666 addressed the “controversy” in a long reddit post.

  • We have a new chart on the Burst explorer! It shows the evolution of the estimated energy cost of a single Burst transaction. It is especially interesting when compared to Bitcoin’s energy consumption.
515  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BURST SPECULATION, the next big thing [Tangle technology inside] on: April 03, 2018, 02:27:05 AM
I like the technology but the performance ist really bad. I woud not recommend to invest atm.

The golden rule of long term investing is "buy low, sell high". If you dont buy now then when are you planning on buying? When the price is high?

The best time to buy is now while its VERY cheap.
516  Economy / Service Discussion / Re: Payza Faces Major Money Laundering Charges in the US on: April 01, 2018, 03:58:40 AM
Then why dont you stop promoting a service that assists child pornographers?

You can not accuse them without evidence and as I said and I will repeat it again: they are not guilty if someone uses their services to commit some crime.

But the owners of the payza have a bleak past and they are scammers:

Payza terminate US payment processing, status of client funds unknown


The latest move by Payza co-founder and fugitive Firoz Patel, has been to terminate payment processor services to US residents.

It appears now, like Patel, Payza itself is on the run from US authorities.

Payza’s abandoning of US clients was announced via email on March 23rd.

Dodging the $250 million money laundering lawsuit and Patel’s indictment and fugitive status, Payza simply states their “previous domain is no longer accessible”.

Payza clients, many of whom US regulators allege are criminals, scammers and child pornography rings, have been instructed to use the company’s new EU domain.

Firoz Patel is believed to have hastily set up Payza’s EU domain after the DOJ and HSI seized the company’s .com domain.

     Our new domain defines Payza as being a European service.     


Payza EU was initially providing processing services to US residents through Synapse Financial, however that agreement is believed to have since been terminated.

Unfortunately for Payza’s US clients, they’ve been excluded from Patel’s plan to relaunch Payza as a “European service”.




Payza is no longer offered as a service to US residents.
This means that no transactions are allowed for US members at this time and Payza will no longer be servicing businesses registered in the US, neither providing US payout services or US based withdrawals.


There is no mention of the status of funds US Payza clients had in their wallets prior to the announcement. Nor is there any indication Payza will return funds to their US clients.

Payza’s social media accounts have been flooded with complaints from US investors wondering where their money is.

Clients outside of the US meanwhile are complaining of withdrawal delays lasting more than a week.

And that’s just what we’ve been able to ascertain from the comments Payza haven’t deleted.

Stay tuned…


Why do they want to run away with other people's money? Why does not he prove he's innocent?

Its not Payza who's exploiting those children either. The service is merely laundering money

They are shady and they may be involved in this.

How are Payza continuing to provide payment processor services?


The “payza.eudomain was registered back in 2012. Payza only activated in response to the domain seizure however on March 21st.

Payza’s parent shell company PH Millars is listed as the owner of the domain.

Big scammers always have a plan B




 the same way Chipmixer knows and is also mixing the child pornographer's BTC transactions.

 you do not have proof, you're just making a assumptions.




Proof? I am not saying they are, but wheres your proof that the owners of Chipmixer DO NOT know that their service is being used by child pornographers? Thats because its easy to assume that they do, because THEY ARE. You cannot assume that every Chipmixer tumble is illegal, but you cannot assume that they also are all legal.

Heres a thought experiment. Should Satoshi go to prison if he knew by creating BTC, he would be partly responsible for transactions for buying and selling of child pornography?
517  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Here is why TRX have fallen 5 hours ago. lol!!! IMO this is a good opportunity! on: April 01, 2018, 03:28:48 AM
Here is why TRX have fallen 5 hours ago. lol!!! IMO this is a good opportunity..
https://www.reddit.com/r/Tronix/comments/88jrkl/many_investors_got_confused_tron_is_headed_the/

Even with the price drop and people misunderstanding, TRON is overrated. It's still just a simple token!

I may conciser it if TRON continue to fall to 250 satoshi. Until then, good luck...
Not only overrated by it's also overhyped. I've sold my tron when it's on peak. I feel better after seeing the price of tron goes down a lot. The majority of people are believing on the shills.

Overrated and overhyped coin should not be exist. This is how the people consider tron as a good project and what a joke.

If "you made some BTC by selling on its peak" was true, then why are you trying to insult Tron? Maybe you are really angry because you lost some BTC by buying high and panic selling lol.
518  Economy / Marketplace / Re: [Question] Bitcoin Quilts would you buy one? on: April 01, 2018, 03:21:20 AM
Spazzer, why dont you open a shop in OpenBazaar? Its a decentrlaized market place for BTC users. You would have more exposure for your products and help with OpenBazaar's adoption at the same time.
519  Economy / Service Discussion / Re: Will exchanges have learnt anything from this bubble? on: March 31, 2018, 05:11:14 AM
Looks like we're on our way to hell for now at least. There probably won't be a legit bull run for a decent length of time now. When the next one comes it will dwarf the one we've just witnessed just as 2013 was this time.

With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?

With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.

Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.

So will they do it right or will we get more of the same?

But Circle knew later that they made a bad mistake in dropping BTC. So what did they do to get back in? Buy Poloniex.

They made a good decision too, because they are back in cryptocurrencies and the purchase also made Poloniex a legitimate altcoin exchange.
520  Bitcoin / Project Development / Re: CryptoTrader.Tax - An Easy Way To Prepare Your Crypto Taxes on: March 31, 2018, 05:04:10 AM
That might become a very useful service in a regulated environment.

dudeson55, why dont you email US exchanges like Poloniex and Bittrex and try to create a partnership with them. Their American users will appreciate your service and find it cheaper than an accountant paid hourly, I'm sure.
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