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521  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt cryptos and gaming sites on: June 23, 2013, 06:35:05 AM
Also, just looking up Gaijin Online. 

Their options include the regular cards, followed by Webmoney E-wallet, EcoCard, DixiePay, Skrill, InstaDebit, SafetyPay, XSolla Card and JCB.

As you can see, they all take a large variety of options for payments.  They aren't stuck on the basic Credit Card/Paypal/Debit transactions so many other businesses rely on, that the sell should be easier then trying to get any other larger business to accept.  The other bonus for the company.  The customer is purchasing virtual items within their game.   They aren't taking as great of a risk as a company selling actual product that they have no control over after it leaves their store.  If they don't get their money from the transaction.   Poof!!  Virtual machine gun bullets vaporize from the customers account.     
522  Alternate cryptocurrencies / Altcoin Discussion / Alt cryptos and gaming sites on: June 23, 2013, 06:22:41 AM
Just something I was thinking of, that could REALLY put your alt crypto on the map.

Everytime I read about another Alt Crypto opening up, I always see "Gaming site in the works"  or a deal is being negotiated.  And everytime it ends up being the same 2 bit gambling site.  Some of the sites even look like they were programmed by high school kids for a school project.  That's not a gaming site.

I think some developer that really wants their crypto to grow needs to contact an actual gaming company, and see if they can get on the big list of currencies they take.  In the gaming world, Free to Play is becoming HUGE.  Many big companies are even forgoing making their customers pay for AAA games, that used to cost customers $60+, instead looking at microtransactions for payments.  These microtransactions are worth millions if not billions of dollars. 

Every gaming site I look at has a multitude of different ways for payment.  I am looking at Wargaming.com's website right now, and see all these options for getting the company money for microtransactions:

Visa/MasterCard/AMEX/Debit/Ultimate Gaming card/DAO Pay/InstaDebit/Skrill/HyperWallet/Western Union/PaySafe Card/UKash and Safety Pay.  A lot of these cards, the manufactures are paying huge fees in order to get the money transferred to them.  Notice how cryptocurrency is not mentioned in that list.  Yet it could be the currency that allows companies like Wargaming to decrease their payment fees. 

A side benefit.  A majority of gamers have decent GPU's in their computers.  They could in turn start mining, which they would more then likely be feeding back into the games they are playing.  It's a win-win for the gaming companies, since it would help increase the amount of money it is bringing in. 

There are many different companies just like this one sitting out there looking for new and cheaper ways of getting the funds flowing into their games.  Any developer that would talk to companies like these might end up scoring a win, and become a partner.  It shouldn't take to long to see what a huge benefit it would be for a coin to have a win this big. 

Just something to think about.   
523  Alternate cryptocurrencies / Altcoin Discussion / Re: What Litecoin means for Bitcoin (and crypto in general) once it's on Mt.Gox on: June 23, 2013, 03:55:44 AM
You are correct that a Bitcoin could be broken down into Satoshi to provide enough currency units to populate the world market's needs for currency.  But will you accept at that time that they say all your BTC will now have the equivalent value of 1 Satoshi per BTC???  Or do you expect the world economy will accept the idea of moving fully to a currency that accepts the idea a few people that were early adopters can hold 1/1000th of the world's economy to themselves.  Satoshi would become richer than a G7 country, as he supposedly owns 800,000 BTC.  It is reasons like this that Bitcoins or any other long established and limited cryptos will not take over as the default world's currency.  No one will go for that idea, no matter how nice you might think it would be.  
524  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][SBC] StableCoin ¦¦ A new breed of cryptocurrency ¦¦ v1.2 RELEASED on: June 23, 2013, 12:39:23 AM
It might not be bad compared to Bitcoin profitability.  What is bad though is that the Hash rate was approx. 130 MHash/s - 95 MHash/s.  Since it hit the market I am only showing about 55 MHash/s.  That spells trouble.

Now listed on CoinChoose, currently 2nd most profitable coin to mine Smiley

That will bring the hash rate up I imagine.

Nope dropping even further.  I just looked and only see 44 MHash/s now.   
525  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][SBC] StableCoin ¦¦ A new breed of cryptocurrency ¦¦ v1.2 RELEASED on: June 22, 2013, 05:15:24 PM
It might not be bad compared to Bitcoin profitability.  What is bad though is that the Hash rate was approx. 130 MHash/s - 95 MHash/s.  Since it hit the market I am only showing about 55 MHash/s.  That spells trouble.
526  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][SBC] StableCoin ¦¦ A new breed of cryptocurrency ¦¦ v1.2 RELEASED on: June 22, 2013, 04:25:42 PM
Not sure if there is a pool down, or if interest in StableCoin dropped since the trading price is quite low since it hit the trading floor, but we really need to get the hash rate going the other direction, or we will have to kiss this coin good-bye.
527  Economy / Economics / Re: Uncapped coin vs capped coin supply on: June 22, 2013, 05:12:49 AM
It's fine and dandy in the eyes of someone who owns 1000 Bitcoins, for the value to be capped and eventually have each one be worth the equivalent of $1,000,000.  It's a total different story from the eyes of the masses that you would like to sell this idea to, if/when crypto-currencies took over as a the main method of currency.

My biggest problem with the idea of a capped coin, is when the payout for mining coins starts dropping less and less, and eventually stops all together, how many people will remain mining?  Will we expect that we will start charging the same transaction fees we are supposedly against that are being charged by the banks in order to keep people's computers on, and keep the currency alive.  Would that not be hypocritical???   Plus with all transactions sitting on the blockchain, the worlds transactions (multiple billion a day) would mean the blockchain would start growing by terabytes daily.   Speaking of waste, you could be using petabytes and even exabytes of data transmission just to sync your wallet.
528  Alternate cryptocurrencies / Altcoin Discussion / Re: What Litecoin means for Bitcoin (and crypto in general) once it's on Mt.Gox on: June 22, 2013, 01:32:49 AM
Actually if anything, I think getting LTC recognized more could only help crypto-currency to becoming more well used.  And I honestly believe neither Bitcoins/Litecoins or any of the other current alts are going to be able to take over as a mainstream currency.  There are far to many flaws with each one.  But by bringing the 2 coins closer together will help.  Bitcoins are good for slow moving big transactions.  Litecoins are better for faster smaller transactions.  Neither yet are great if you were to have them go mainstream and have the 50 people standing in a Starbucks line waiting for all the Bitcoin transactions to process and confirm before they could leave with their lattes.

Also the conversation that 2 crypto-currencies can not exist side by side in a global marketplace is plain silly.  Fiat has been doing so easily.  Or does it really mess up the value of the US dollar if some people are using Mexican Pesos?  No one ever said Litecoin would automatically be trading at the value of a Bitcoin.  They will remain at totally different values for all times.  Lastly, having more then 1 crypto-currency means more people in the crypto using pool.  Many miners have already begun to move away from Bitcoins, and the crazy difficulty rates, and the prices of ASIC miners will ensure not everyone will jump into the coin.  But giving the people leaving, and a lot of latecomers a way into the game only adds to the total market.
529  Economy / Scam Accusations / Re: Garr255/Werner - Auction shilling on: June 21, 2013, 09:58:21 PM
Lol, too many threads to follow.  Lots of action to catch up on.  Will read that one next  Smiley
530  Economy / Scam Accusations / Re: Garr255/Werner - Auction shilling on: June 21, 2013, 09:44:33 PM
I know I am new here and all.  Interesting thread to read to try to figure out how everything is around here.  

1 thing I can't figure out though.  Everyone seems to be complaining about the auction shills, which seems to have happened not just the 1 time but at least 3 times.  (And only 1 shill was he considering paying people back (The one where he got caught red-handed)).  The forum admins here don't seem to care about the auction system here having any sort of validity.  But why is everyone missing the fact that not only was the Werner account shilling bids, he was also trolling others with it.  Maybe scamming and trolling are acceptable here???

LOL, anyways, glad I jumped on your site.  I haven't seen this much drama in a long time.
531  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][DGC][FBD] Free Bank of Digitalcoin ~ Risk Averse DGC Investments on: June 20, 2013, 08:22:06 PM
I had a hope of Digitalcoin taking off, and was one of the 2 Alt coins I started mining (Stablecoins and Digitalcoins).  I lost faith in Digitalcoin when you waved the red flag in front of the bulls.  (Tempted the hackers to 51% your coin), and even said a few questionable things.  But announcements like this help restore my faith in Digitalcoin.  Not because I think it is a great idea, but because it shows you are actually thinking outside the box and not following all the other cookie cutter coins that have been announced recently.    Assuming the coin doesn't go down in the next 10-15 days (I am still kinda leery) I will gladly jump back to the Digitalcoin network.

And nope I didn't dump my Digitalcoins.  Just keeping them in my wallet waiting to see what the next 2 weeks brings.
532  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][SBC] StableCoin ¦¦ A new breed of cryptocurrency ¦¦ v1.2 RELEASED on: June 20, 2013, 03:41:16 AM
Yeah that is my biggest worry of Stablecoins.  Since I started mining them, the network hashrate has constantly been falling.  It's quite a worrying effect when you notice if you switch to a different coin for a while, the network hashrate will go down by percentages.
533  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][SBC] StableCoin ¦¦ A new breed of cryptocurrency ¦¦ v1.2 RELEASED on: June 20, 2013, 01:41:49 AM
Cool, will be great to see how this one does on the exchange.

It's funny, I chose 2 Alt cryptos to mine, aside from LTC, and they were Stablecoin and Digicoin.  After seeing the Digicoin dev totally look like a jerk, and possibly get the digicoins 51% attacked, I have decided to just mine just Stablecoins occasionally.  Maybe in 2-3 weeks if Digicoins haven't been attacked, I will go back to them, but for right now, I am still leery an attack is in site. 
534  Other / Beginners & Help / Re: Has anyone actually gotten any of the mining rigs they have ordered? on: June 20, 2013, 12:44:24 AM
There was actually a post just today or yesterday on this forum.  I am trying to find it, so I can send you the link.  Anyways, it was pictures of some guy unboxing his 50 GHash miner, and then putting it on ebay right after, while "burning it in", until the sale is over.  The bid was over $20,000 last time I checked, and in the bid there was mention that for every $1000 under $25,000 it gets sold for, he is mining for a week before sending it.
535  Other / Beginners & Help / Is there anything I need to do to get out of this newbie jail on: June 20, 2013, 12:30:58 AM
I don't understand.  I have read it's 4 hours of surfing time and 5 posts.  I have 6 posts and 5.5 hours of surfing time.  Do I need to create a thread in the newbie section?  Which I am doing right now.  Or am I missing a critical step somewhere?
536  Economy / Games and rounds / Re: Nyaa Videos! - nyaavideos.appspot.com | New BitCoin Earning Site! on: June 19, 2013, 10:09:36 PM
Very cool site you have there.  Watched a few videos already, and have bookmarked the site so I can watch more later.   
537  Other / Beginners & Help / Re: Reached 5 posts, yay. on: June 19, 2013, 09:55:14 PM
5 hours 7 minutes and I think/hope I finally made it out of jail.
538  Other / Beginners & Help / Re: Free 0.1 LTC from Litecoin Kamikaze on: June 19, 2013, 09:53:24 PM
Cool game, but I don't think I will sign up.  Maybe a poker, roulette or Slot machine site.
539  Other / Beginners & Help / Re: Alt-Coins Announcements on: June 19, 2013, 09:49:04 PM
I would say best place to look would be this forum under the Alternate Cryptocurrency thread.  That way you can get into the action weeks/months before it even hits cryptsy.
540  Other / Beginners & Help / Re: How come I can't post?? on: June 19, 2013, 08:58:35 PM
Wow cool, I finally noticed this area.  Not sure why it took me so long.   Doooh.  I think I need a big red flashing arrow saying Noobs post here!!!
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