one sentence about clonenet:
Imitation is the sincerest form of flattery.
@valarmg
how many tokens are not redeemed yet? if there are still some to be redeemed maybe its possible to give someone else control over the redeem account for the time while you are on holiday?
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I got my Coin yay ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) it was in customs for like 14 days or so lol, but coin looks super great! i gonna make some nice pics and upload it tommorow ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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If the core coins will never be sold then the SuperNET asset's value is not linked to the coins at all, other than the speculation of future dividends that those coins will provide.
You do understand that you already are contradicting yourself with the first sentence right? Supernet holds 10% of all core coins they are a asset of supernet; of course supernets NAV is linked to the value of the corecoins. The main idea behind it is this: http://en.wikipedia.org/wiki/KeiretsuIn no way can you sell the asset for any of the 10% of the coins that are being held indefinitely.
I dont understand what you are trying to say here, please rephrase. The only thing you can do is collect dividends on any revenue the services generate (just like the BlockNET) which means its value will only be linked to speculation on how long it will take those dividends to pay back your initial investment.
This is wrong, like other people and i explained supernet is backed up by corecoins and several other assets - in a way you could say it has intrisic value - on the contrary to clonenet which only has a promise of a future revenue stream like you said ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Just how much did you receive in dividends so far and from what? We received 15.000 NXTInspect and 50.000 NeoDice assets which were prices at respected ~4 NXT and ~45 NXT per asset, so in the sum around 2+% btw one last thing about clonenet: Imitation is the sincerest form of flattery. in that sense, thank you very much ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) /edit Backed by means you can exchange it for a fixed amount of the underlying asset. Fixed amount means that no matter how many currency units are presented for redemption, each one of them will be exchanged for a fixed amount of the underlying asset. If there is not enough of the underlying asset, it's called the system is operating on fractional reserve.
We are talking about supernets value here, not about currency reserve standards luls. nice quote to a total different story.
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sorry how would be possible that bter make money from this exchange only bter or every exchange ? will atomic drive the price in a way or the other (up down) or you intended that with atomic any coin will possibly be more used so with more market than with only normal exchange?
if think evey day but what all cryptos and btc need is a failing state of wherever to buy 99 % of the coins and declare them legal money of the state (even a big industry but for them there are better way like making their own coin see amazon coin ) if they don't fail instantly maybe the coins will be appreciated.
Hi, i think currently every exchange is working with their own internal ledger/database. what they could do is using Atomic itself. It is cheaper, as fast as their own system and the most important: decentralized and publicly verifiable/auditable. Tbh this will probaly boost the userbase and volume of every exchange by alot and in the end increase the income of the exchange.
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Theres so much nonsense in the last two page i dont even know where to start...
Supernet holds 10% of all core coins and will not sell them. And also there is no single entity that control the funds alone not even james. everything regarding funds is in (multisig) escrow and needs to be decided by assetsholders through a weightened vote.
You are buying supernet asset which has value through the core coins and other assets besides the speculation of future dividends (additionaly supernet holder already received 2 dividends) - one of the biggest difference to clonenet.
All i see are 5 activity newbie fudder, please try harder
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Dear litecoindark community,
Please avoid advertising your coin while fudding other coins in their respective ann/threads.
It gives a real bad picture of you people and litecoindark
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I got an email from Bitstamp earlier during the evening to get my account verified or they will seize it. I logged on Bitstamp after 7 months and I had $2 in it. I, hereby, allow Bitstamp to hand it over to whoever the fuck they will hand over to.
why wouldn't u just buy btc and withdraw? wtf ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) huobi looks like something is happening
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The 21 million doesn't mean much really. The decimal point can be moved around. You would still need to go through a middle man to exchange btc to local currency for remittances. How exactly is btc going to lift the third world out of poverty? Many btc holders have already fallen victim to theft, and many more will in the future. People of the world won't suddenly turn to btc in the face of economic collapse.
Because the unbanked of the world will now be able to save their money. As the value of each bitcoin increases dramatically over the next few years, they will finally be able to accumulate wealth, free from corrupt government influences within their countries that would desire to confiscate it. Yes btc can be used as a vessel to save ones wealth. How is someone living on less than $2 a day who can't afford to save anything going to acquire some? The whole world can't just acquire some btc and hope to get rich. Sure some of the people in the third world who lift themselves out of poverty may invest in btc, but btc is not some magic cure for the world's ills. you should look up micro loans. this will be the game changer for the poorest people on this planet.
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snip
The 21 million doesn't mean much really. The decimal point can be moved around. You would still need to go through a middle man to exchange btc to local currency for remittances. How exactly is btc going to lift the third world out of poverty? Many btc holders have already fallen victim to theft, and many more will in the future. People of the world won't suddenly turn to btc in the face of economic collapse. wrong, theres no need of middlesman to exchange btc to local currency through platforms like localbitcoin.com. additionaly when bitcoin archieves mass adoption then there wont be any need to exchange btc to fiat anymore. alot of people in the the third world have no access to a financial/banking system. what would happen if they get access to bitcoin? That's slightly incorrect, localbitcoins itself is a middleman - there will always be a need for escrow services in the bitcoin community, at least until the foreseeable future. Of course, there is a far lower need for middlemen in bitcoin than any other transaction system/currency. true if you use localbitcoins to escrow the btc. if you just use localbitcoins.com to meet the right people and dont use it for the escrow, then theres no need for a middlesman - face to face trading.
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snip
I'm snipping you for the benefit of those who have you ignored. So you completely miss my point, put words in my mouth (without telling me what they are), make assumptions based on those words, then proceed to get angry when I look at you funny and go "huh?" Your problem is you're making a distinction between bear trolls and bull trolls, when they're all just trolls. Now I personally don't mind trolls, but I do find it a bit hypocritical that you never see anyone crying for bans in response to a bull-troll. If you want to avoid being hypocritical, you either are willing to ban all trolls, or none of them (which is my preferred approach). Just in case I did not make this clear, there is no comparison because it's apples and apples, apples being trolls. With that in mind, how, exactly, does what you are arguing apply? By the way, calling me names in no way strengthens your argument. 1.000.000 $ per BTC (lets see if the post gets deleted) ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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snip
The 21 million doesn't mean much really. The decimal point can be moved around. You would still need to go through a middle man to exchange btc to local currency for remittances. How exactly is btc going to lift the third world out of poverty? Many btc holders have already fallen victim to theft, and many more will in the future. People of the world won't suddenly turn to btc in the face of economic collapse. wrong, theres no need of middlesman to exchange btc to local currency through platforms like localbitcoin.com. additionaly when bitcoin archieves mass adoption then there wont be any need to exchange btc to fiat anymore. alot of people in the the third world have no access to a financial/banking system. what would happen if they get access to bitcoin?
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trade altcoins, either you x-times your money (in hours/days/weeks) and will be forever grateful to me or you gonna lose all your money and hate me ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if you can do the former, it wont take long until you can count yourself rich
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point is, when we do reach last ath of ~1200$ everyone will turn bull.
to be honest if that happens we can reach 3000-5000 easily
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It's a bearish trait. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Can someone point me to a simple explanation between bearish and bullish philosophy? Preferably a link on this forum. I must read accusations of "you're being bullish" and "you're being bearish" ten times a day on these forums and I'm still none the wiser. A simple explanation, please. bullish -> price will rise bearish -> price will fall /edit i think we are reaching a state of high volatility now, i dont think stable will happen ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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you people have to realize that all the shorts will be the future fuel for the rocket to a new ath.
when the reversal materilize hard and we reach the area of 600+ then we gonna see a explosion of the price.
this is just the beginning
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Mining doesnt only give you bitcoins - with mining you are also supporting the bitcoin network without bitcoin would not work.
Imagine nobody mining and just try to buy... wouldnt even work in the first place
by adding a miner to a pool you don't improve the network - you only do that if you create a new node. Please explain how i do not support the bitcoin network if i actively mine bitcoin? Thanks its a bit more complicated than just mining bitcoin - do you support the network if by mining at a pool you tip the pool over 50%? The system needs more than just miners proving the transaction it also needs nodes - these broadcast the information around the system, the more nodes - that is full function nodes with bitcoin core running and a complete blockchain - (not something most asics worry about) the more secure the system. Running a full node is not incentivised, so the numbers are falling. Pools reduce the number of nodes, but unless you mine in a pool you won't successfully find a block Hashrate corrolates directly with network security so mining will always support the bitcoin network All what you say is correct but its not a mining problem itself.
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Mining doesnt only give you bitcoins - with mining you are also supporting the bitcoin network without bitcoin would not work.
Imagine nobody mining and just try to buy... wouldnt even work in the first place
by adding a miner to a pool you don't improve the network - you only do that if you create a new node. Please explain how i do not support the bitcoin network if i actively mine bitcoin? Thanks
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... so you leverage short or are just waiting for a moment to buy back in? i think i remember you saying you trade long term? is that right?
No. I never discuss my trading strategies--mainly because trading is not a cooperative sport. Anyone who does is likely a fool or a liar. I did mention that around this time last year, some serious people entered the market--richer, tougher, and smarter than myself. I also admitted that, around that time, I knew that I was no longer able to read the market. You are short. Obvious shit is obvious ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif)
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Mining doesnt only give you bitcoins - with mining you are also supporting the bitcoin network without bitcoin would not work.
Imagine nobody mining and just try to buy... wouldnt even work in the first place
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We will see 450 before weekend just saying ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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