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61  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you put 200% of the cost of a Item in escrow? on: December 10, 2014, 01:40:33 PM
Been talking to some people about escrow, one of the systems requires users to put the cost of a item in escrow time two.

For instance you buy a miner for 5BTC  you must put 10BTC into escrow.

The seller is also required to put up the cost of the item into escrow.

If you and the other person do not agree you and the seller lose all the coins to the escrow system. So the system would get 15BTC from the dispute.

Would you use a system like this?

First of all, you are stupid
Second, you don't need to put 200%
Third, the system would get nothing from the dispute

The conclusion, you are stupid

You put WHATEVER amount you agree with the party. Seller and buyers agrees whatever the amount suits them best.

There no "if you and the other person do not agree". If that happens in a friendly manner, both seller and buyer gets their escrow "fee" back.

This system can only work like this... lose-lose or win-win. The incentive for scamming the party is 0, so why bother starting a fraudulent transaction?


oh, and lets not forget, you are stupid



And this is what you get with bitbay people.. lol

The head dev of bitbay explains it exactly like I said it http://youtu.be/wZp3Up5Y4pE?t=5m47s


No, this is that YOU (RiverBoatBTC) gets, since you are just a low life BS spreader.

No you monkey, that's how YOU understand, not how he explains it. Double escrow does not mean 200% of the cost of item. Double deposit escrow means that both BUYER and SELLER must cover the escrow.


You sure are a angry little fellow, its ok I know you drink from the bitbay koolaid but when it all comes crashing down. I will just give you a little  Wink


I'm not angry you shithead, i'm just straight as an arrow and I'm not following my tail before saying something in someones face.

You learn a freaking new work and you are repeating that shit like a broken clock. koolaid, koolaid...your post history is full of it.

shithead... there are progress in insults, he now call people shithead rather than maggot  Grin

by the way, beware of user qawzsx.
He was already deep into sharecoin scam, even though he removed his posts and re-register his username.

https://bitcointalk.org/index.php?topic=587051.msg7477494#msg7477494



Yes, thanks for your money bitch. Now piss off
So are you admitting you scammed people on Sharecoin ? (and no you didn't get my money, as I always said from the beginning Sharecoin was a scam and you insulted me for that  Grin)  


Are you that retarded? How the fuck can I scam people on ShareCoin? Smiley))
I lost money with that coin too. Anyway...
62  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you put 200% of the cost of a Item in escrow? on: December 10, 2014, 01:30:34 PM
Been talking to some people about escrow, one of the systems requires users to put the cost of a item in escrow time two.

For instance you buy a miner for 5BTC  you must put 10BTC into escrow.

The seller is also required to put up the cost of the item into escrow.

If you and the other person do not agree you and the seller lose all the coins to the escrow system. So the system would get 15BTC from the dispute.

Would you use a system like this?

First of all, you are stupid
Second, you don't need to put 200%
Third, the system would get nothing from the dispute

The conclusion, you are stupid

You put WHATEVER amount you agree with the party. Seller and buyers agrees whatever the amount suits them best.

There no "if you and the other person do not agree". If that happens in a friendly manner, both seller and buyer gets their escrow "fee" back.

This system can only work like this... lose-lose or win-win. The incentive for scamming the party is 0, so why bother starting a fraudulent transaction?


oh, and lets not forget, you are stupid



And this is what you get with bitbay people.. lol

The head dev of bitbay explains it exactly like I said it http://youtu.be/wZp3Up5Y4pE?t=5m47s


No, this is that YOU (RiverBoatBTC) gets, since you are just a low life BS spreader.

No you monkey, that's how YOU understand, not how he explains it. Double escrow does not mean 200% of the cost of item. Double deposit escrow means that both BUYER and SELLER must cover the escrow.


You sure are a angry little fellow, its ok I know you drink from the bitbay koolaid but when it all comes crashing down. I will just give you a little  Wink


I'm not angry you shithead, i'm just straight as an arrow and I'm not following my tail before saying something in someones face.

You learn a freaking new work and you are repeating that shit like a broken clock. koolaid, koolaid...your post history is full of it.

shithead... there are progress in insults, he now call people shithead rather than maggot  Grin

by the way, beware of user qawzsx.
He was already deep into sharecoin scam, even though he removed his posts and re-register his username.

https://bitcointalk.org/index.php?topic=587051.msg7477494#msg7477494



Yes, thanks for your money bitch. Now piss off

63  Alternate cryptocurrencies / Altcoin Discussion / Re: BitBay | Decentralized Marketplace | Unmoderated Thread on: December 10, 2014, 01:22:01 PM
Up until Bay, every coin bob has told us to buy he has pumped and made us a great profit. This time though, bob had us buy up as much bay as we could, which all went right in to bob's pocket.

Thank you for confirming what myself, Barabbas and a handful other users post here from the beginning, that the Bitbay ICO was not the result of a free-market nor legit investment process - it was indeed and insider, desperate pump action in which the majority of the ICO fund was purchased by the organizers of the project, and then now the coin can be dumped at any price to realize the profit.


The few new accounts that you see in the moderated thread that are trying to hype the coin up are all part of our group. They don't believe in bay, they just want bob to pump it.

Thank you for confirming that the army of secondary, third, newbie and puppet accounts role is to create hype and mislead naive, wannabe rich investors, and the army of supporter shills aren't legit investors, but the hype making tools of the low-life, scumbag Bitbay scammers. It was quite obvious anyway, all those newbie nicks just buy, all of them hold, all of them have a long term plan with Bitbay, such communication is the classic attribute of any P&D scams, but still, thanks for confirming it.



atcoinUK, are you a fucking retard?

"Thank you for confirming what myself, Barabbas and a handful other users post here from the beginning, that the Bitbay ICO was not the result of a free-market nor legit investment process - it was indeed and insider, desperate pump action in which the majority of the ICO fund was purchased by the organizers of the project, and then now the coin can be dumped at any price to realize the profit."

WTF can a random created account can confirm. You are a fucking sad, sick and retarded person.

LOL, look at your self idiot, thanking for confirmation to some shill account made by YOU.

God, this forum is full of creepy ppl.
64  Alternate cryptocurrencies / Altcoin Discussion / Re: BitBay | Decentralized Marketplace | Unmoderated Thread on: December 10, 2014, 01:19:53 PM
David, you really should tell a big FUCK YOU to all those maggots requesting information on this thread.
I don't understand why you keep answering to them on this thread and why you are not ignoring them already.
65  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 10, 2014, 01:06:34 PM
There is no investor protection without coin distribution. Right now the coins distribution is low. Pegging will destroy the market.

I think it's up for debate whether it's pegging or free market that's better for distribution. So far I've only seen volatility increase wallet inequality not lower it. Dogecoin being a prime example of that.


How can you create distribution with pegging? You are limiting the volume available to be moved from hand to hand. How can that create distribution?

You take away the advantage whales enjoy in the short term. Whales can manipulate and set walls. By limiting that volume you're freeing up that game for everyone.

A dump is meant to create wallet inequality followed by an increase in price. The richest wallets get richer during a dump. They're the ones scooping up coins during a firesale.

A pump is meant to create wallet equality in order to get out of a coin which is usually followed by a decrease in price. The more bagholders the merrier.

To limit the volume in both ways you're basically spoiling the game for short-traders. Whales can't get out of their own dumps as easily and they can't reap as many coins during their pumps.


So, in the end you only care how much your coin is worth. As I said, you don't think long term. You can't ask for stability within a young market without proper distribution.

You are very wrong. This is not about pump and dump. Pumps and dumps are nothing but freemarkets. You are better with FIAT if you don't like pump and dumps, or with GOLD. Pumps and dumps are still creating distribution, which result in more healthy market.

To limit the volume in both ways is a BIG mistake. Yes you don't have your evil pump and dumps that everyone fear, but in the same time you won't have distribution.

Whales are no the problem my friend into this market right now. I invested around 50 BTC into this. Do you consider me a whale? I don't consider myself a whale. Whales are not a problem within a 400k marketcap coin. Whales starts to be a problem from 10m marketcap coin because they can damage the coin.

This volatility is generated by daytraders. This is a new kind of game.

In the past, the things worked differently. They changed the game.

- They are not pumping the markets with bots anymore, they are creating volatility and they are milking BTC out of the market. BUT this is working only on fresh markets with low distribution. That's why we don't see those 2-3x price increase after the ICO. Because the players don't make money like this anymore if everybody expects to dump for 2-3x ASAP after the ICO ends.

Believe me, a coin will die as soon as the distribution stops. With a pegging system so early present, the distribution will stop very fast. The tech will come, but new investors will not wait days to invest few BTC. They will look for another investment. And this is how you kill the coin.
66  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 10, 2014, 12:40:12 PM
There is no investor protection without coin distribution. Right now the coins distribution is low. Pegging will destroy the market.

I think it's up for debate whether it's pegging or free market that's better for distribution. So far I've only seen volatility increase wallet inequality not lower it. Dogecoin being a prime example of that.


How can you create distribution with pegging? You are limiting the volume available to be moved from hand to hand. How can that create distribution?

There is no debate here. There are the ones who want out because they did not made 3254x out of their 0.5 BTC investment demanding pegging. Most of them don't even understand the concept. They want out as fast as possible.
67  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 10, 2014, 12:15:00 PM
David has mentioned that he would work on pegging sooner than later. That would automatically fix all this volatility issue. There is no Buy wall so price decline shouldn't be surprising at all. Anyone with small amount of BTC can float the boat any way he wants.

I would like to see what happens after 6 months of marketplace and pegging. Whatever happens before that doesn't concern me. My bay is stored in thumb drive 20 miles from here.  Wink

Well, as a trader I'm not a big fan of the pegging actually... nor do I think the restricted liquidity will go over big necessarily.  However, it's a new concept - or more accurately a new combination of concepts - so I can't prove it won't be exactly what's needed.  On the other hand, I've seen way bigger losses (and gains thankfully) so this kind of action definitely doesn't spook me.  In any case, I'm here for the show - and like you, for the marketplace itself.  Regardless of what else is going on, and even if he has to do it all himself, if David can push things through to the marketplace release and that works to even a fraction of it's potential... then all will be quickly forgotten and forgiven.

On the other hand, with ever-expanding fantasies of the numerous bitter/burned investors, it will be hard for him to keep his head above the fray.  I do have faith that he can do it - he hasn't run away from BC to greener pastures, and he's worked and delivered on his past promises.  Maybe not the best situation at the moment, but you could be holding BALLS that were purchased at 20K which are worth around 200 sats now.  BAY would have to be selling for below 1 sat so see the same (and that's in the same time frame as well).

Thanks bud, yeah right now im just torn between doing pegging early to protect you guys or sticking to the schedule. Markets is the easier task, pegging is a bit more involved since it means adding mining rules. Im sort of preparing myself as we speak and studying bitcon/blackcoin source (its spagetti code lol).

And yeah ive got a major bithalo/blackhalo release to do too. That release would also effect bitbay as a wallet update.

Its one of those things where ive got lots of work piled on my desk and im deciding which ones are most important today.

My coders here in cambodia are still learning so they dont work on any major milestones(unfortunately it is really hard to find experienced software dev). I'm still doing all the coding. So with that said ive sent out my friend who works with me on all my Halo stuff to start scouting for a superdev not necessarily bitcoin related. And the guys are looking in china and im looking at India for another group.

Its just that even there, its a lot of interviewing i dont have time for and would rather be coding. So ive got my friend looking at it now and doing that for us in exchange for a bounty.


Absolutely stick to the task!!!!
There is no investor protection without coin distribution. Right now the coins distribution is low. Pegging will destroy the market.

So don't touch the pegging thing right now. I get it, there are desperate people who want to get out and ask for this thing. Fuck them, let them dump or shit. Nobody cares. DISTRIBUTION is a big factor and it's lacking right now. Add a pegging to that and you've kill it. You'll have whales owning tons of coins milking monkey from the newcomers forever.

Let the distribution grow a little. Start the marketplace first. Don't do such a mistake because morons are crying. They are crying all time because they can't make 10x profit in one month for their 0.5 BTC investment.



68  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 10, 2014, 12:11:54 PM
The richlist 1st wallet holds 360 mill coins at the moment.
There were 450 mills utill 2014-12-08 15:49:20   

That suspiciously looks like about the time bay started selling for sub-100 prices.

The ico i belive raised 1300 btcs   by  the times 550 million bays were sold.

1300 btcs = 541.66 mill bays * 240 satoshis
 
The remaining 460 million were supposed to be burnt .. but they werent ..




Exchange wallet. Your figures are totally incorrect as well. What's your point?


Nope its not an exchange wallet.and my figures are correct .
https://chainz.cryptoid.info/bay/#!rich
There was a withdrawal of 90 million coins on the 8th of December



You are an idiot. That is the cold storage from BTER Smiley))))
What a moron. Stop using crypto you idiot.
69  Alternate cryptocurrencies / Altcoin Discussion / Re: BitBay | Decentralized Marketplace | Unmoderated Thread on: December 09, 2014, 11:37:49 PM
I would also remind you that no decentralized market will be ever allow to operate by law enforcement as proven by  'Operation Onymous' last month (17 people arrested in several countries, millions seized). So the whole thing is just a trick to get investors' money without any real-life use, much like "anon" was a few months back and decentralized cloud storage seems to be now. None of that shit will ever have any real life use.
I do not support illegal activities and I think that the problem here was the illegal activities, not that it was a decentralized market. Law enforcement wouldnt particularly care if it is centralized, decentralized or distributed, if it is illegal they go after it. If it is not illegal, then why would they go after it.

Privacy is something that the world needs. If you are content with the govt knowing everything you do, spend, etc. that is your choice. However there are some people that dont particularly want all their personal details available to any low level clerk (or whoever bribes them) and if the data is in a govt database it will be low level clerks that have access to it.

Anyway, you are pro-govt rights, thats fine I have no problem with you having your own views on that, just let me have my own. Fair enough?

James

P.S. I suppose you feel that online poker is a horrible crime that SWAT teams should be sent to shutdown, since it is illegal in your USSA. Let us ignore the giant bribes that lasvegas peoples are paying the politicos to make online poker illegal, such things only happen in third world countries.

Oh I "let" you have any personal views you want, what I don't "let" you is getting away with the INEVITABLE consequences of bot decentralized markets and storage since, inevitably, they will attract illegal activities and, therefore, law enforcement with disastrous effects for everyone involved, including those dealing in legal activities (loss of money and loss of stored property).

I am well aware of the pitfalls of government and democracy itself, but history teaches us that even with those pitfalls it triumphs over anarchy -which is totally inviable- and dictatorship so as long as people support democracy in the US -which is where I live, but not "mine" in any way shape or form- and most of the rest of the world, the world is going to have to live according to laws and rules supported by evolving and alternate majorities. That is a FACT, especially in Law Enforcement, regardless if I like it or not.

As you are fully aware of, regulation is coming imminently to crypto in both the US and Europe. Necessary and positive in the end so, yes I fully support it. And, as long as those are set by democratically elected governments, I support the enforcement of the laws against those who provide playing fields for the crooks and deranged of the world under the cover of "protecting privacy". Every individual I know of, except maybe Howard Hughes, through history, has been more than willing to give up any trace of privacy in exchange for fame and fortune, so, in the end, it is all fake and a monumental lie...

But those are higher philosophical matters not necessarily appropriate for discussion here. What should be discussed, with facts at hands -as I have tried- are both the inevitability of illegal activities in any decentralized environment and the corresponding Law Enforcement action that will follow, since they will have dire effects in the quality of people's investments.
What is your feeling about the Internet? It enables all sorts of crimes, shouldnt it be shutdown? What about the telephone? What about automobiles? What about restaurants?

I think this tendency to criminalize anything that criminals use is quite a bit of overreaction. Why not just go after criminals? Presumably you believe in the right to free speech? Arguably most things on the internet is similar to free speech, but for criminal activity at some point it morphs into a physical thing. [some exceptions, but you understand what I say] So, why not criminalize the physical instantiation of the crime, not the technology that is shared by the criminals and the innocents.

Anyway, I can see we are very far apart on this, so I will stop with this. No sense in taking this thread further offtopic.

Back to my original posting here, it sounds like the bitmarkets is already live? So they are first to the market before the BAY using the same/similar tech.

James


Don't bother with barabbas, he's an angry ignorant shill of IconicExpert Smiley
Any coin out there which have more volume compared to his shitcoin (Bytecoin) is flamed by him, should be regularized to death, etc.
He is a little version of Hitler. Some kind of natzi US version.

I dont think that is fair to barabbas. Maybe he exaggerates at times, but since the official thread for Bay is pretty much a fanboyfest, I figured I would get some more objective answers here.

Q1. Isnt bitmarket tech quite similar to BAY in the key aspects of using bitmessage and double deposit escrow
Q2. If BAY has no exclusivity to the tech, even if bitmarket is already competing with similar tech, what is to prevent half a dozen more competitors? In fact, could people just use BlackHalo?

This is my confusion over BAY. Granted the tech appears to be real, but the dev is distancing himself from it and since it has been available in other projects, it would seem that without 110% commitment from the dev, there isnt much chance of keeping up with bitmarket, nor from preventing blackhalo to also be competing maybe with the dev supporting that even more.

So, the value for BAY would be all the non-tech things it has, but the 3000 BTC was raised for....
If not for the tech, what is the need for all the BTC? I guess we will see  a massive global something something soon?

Maybe this is a good time for some friendly wager between yourself and barabbas? You can even use a double deposit! who gets to be the lucky one to lockup twice the bet amount when you use it for wagers?

James

A1. Well, the idea is similar, we don't know about the tech. From what I know, David is willing to dump the Bitmessage (if I remember well) and create something which is not that heavy on POW and not that bloated. Any competent dev can create a decentralized marketplace on top of bitmessage with a double escrow idea. So, as much as the idea goes, yes, they are pretty much similar. Let's see the working BitBay tech first.

A2. Well, since bitmarket will work on Bitmessage alone, I don't see it as a competitor. The POW of bitmessage is a killer for such an approach. A marketplace is a heavy traffic usage function if you include pictures and all. Basically you can't grow a successfully marketplace on Bitmessage EVER


P.S. Is TOR still a seller? Why bother with TOR if truly decentralized/encrypted? That's sounds like a bad addition

Bitmessage is currently the only decentralized option out there. Thats why im fixing it with custom whitelists which is unique. However, i have been given some interesting leads like TOX. Lots of different concepts but nothing has emerged yet that strikes my fancy.

Whitelists in bitmessage is my hope that by doing that and even having a server to fall back on, i can get a robust solution. Also this way in theory we could use the same IP addresses from any bitcoin/blackcoin seeder to help pool together a stronger network. Its all part of what im working on. It just comes in stages.

I see, so fixing not using a different thing. My bad.
70  Alternate cryptocurrencies / Altcoin Discussion / Re: BitBay | Decentralized Marketplace | Unmoderated Thread on: December 09, 2014, 11:07:21 PM
I would also remind you that no decentralized market will be ever allow to operate by law enforcement as proven by  'Operation Onymous' last month (17 people arrested in several countries, millions seized). So the whole thing is just a trick to get investors' money without any real-life use, much like "anon" was a few months back and decentralized cloud storage seems to be now. None of that shit will ever have any real life use.
I do not support illegal activities and I think that the problem here was the illegal activities, not that it was a decentralized market. Law enforcement wouldnt particularly care if it is centralized, decentralized or distributed, if it is illegal they go after it. If it is not illegal, then why would they go after it.

Privacy is something that the world needs. If you are content with the govt knowing everything you do, spend, etc. that is your choice. However there are some people that dont particularly want all their personal details available to any low level clerk (or whoever bribes them) and if the data is in a govt database it will be low level clerks that have access to it.

Anyway, you are pro-govt rights, thats fine I have no problem with you having your own views on that, just let me have my own. Fair enough?

James

P.S. I suppose you feel that online poker is a horrible crime that SWAT teams should be sent to shutdown, since it is illegal in your USSA. Let us ignore the giant bribes that lasvegas peoples are paying the politicos to make online poker illegal, such things only happen in third world countries.

Oh I "let" you have any personal views you want, what I don't "let" you is getting away with the INEVITABLE consequences of bot decentralized markets and storage since, inevitably, they will attract illegal activities and, therefore, law enforcement with disastrous effects for everyone involved, including those dealing in legal activities (loss of money and loss of stored property).

I am well aware of the pitfalls of government and democracy itself, but history teaches us that even with those pitfalls it triumphs over anarchy -which is totally inviable- and dictatorship so as long as people support democracy in the US -which is where I live, but not "mine" in any way shape or form- and most of the rest of the world, the world is going to have to live according to laws and rules supported by evolving and alternate majorities. That is a FACT, especially in Law Enforcement, regardless if I like it or not.

As you are fully aware of, regulation is coming imminently to crypto in both the US and Europe. Necessary and positive in the end so, yes I fully support it. And, as long as those are set by democratically elected governments, I support the enforcement of the laws against those who provide playing fields for the crooks and deranged of the world under the cover of "protecting privacy". Every individual I know of, except maybe Howard Hughes, through history, has been more than willing to give up any trace of privacy in exchange for fame and fortune, so, in the end, it is all fake and a monumental lie...

But those are higher philosophical matters not necessarily appropriate for discussion here. What should be discussed, with facts at hands -as I have tried- are both the inevitability of illegal activities in any decentralized environment and the corresponding Law Enforcement action that will follow, since they will have dire effects in the quality of people's investments.
What is your feeling about the Internet? It enables all sorts of crimes, shouldnt it be shutdown? What about the telephone? What about automobiles? What about restaurants?

I think this tendency to criminalize anything that criminals use is quite a bit of overreaction. Why not just go after criminals? Presumably you believe in the right to free speech? Arguably most things on the internet is similar to free speech, but for criminal activity at some point it morphs into a physical thing. [some exceptions, but you understand what I say] So, why not criminalize the physical instantiation of the crime, not the technology that is shared by the criminals and the innocents.

Anyway, I can see we are very far apart on this, so I will stop with this. No sense in taking this thread further offtopic.

Back to my original posting here, it sounds like the bitmarkets is already live? So they are first to the market before the BAY using the same/similar tech.

James


Don't bother with barabbas, he's an angry ignorant shill of IconicExpert Smiley
Any coin out there which have more volume compared to his shitcoin (Bytecoin) is flamed by him, should be regularized to death, etc.
He is a little version of Hitler. Some kind of natzi US version.

I dont think that is fair to barabbas. Maybe he exaggerates at times, but since the official thread for Bay is pretty much a fanboyfest, I figured I would get some more objective answers here.

Q1. Isnt bitmarket tech quite similar to BAY in the key aspects of using bitmessage and double deposit escrow
Q2. If BAY has no exclusivity to the tech, even if bitmarket is already competing with similar tech, what is to prevent half a dozen more competitors? In fact, could people just use BlackHalo?

This is my confusion over BAY. Granted the tech appears to be real, but the dev is distancing himself from it and since it has been available in other projects, it would seem that without 110% commitment from the dev, there isnt much chance of keeping up with bitmarket, nor from preventing blackhalo to also be competing maybe with the dev supporting that even more.

So, the value for BAY would be all the non-tech things it has, but the 3000 BTC was raised for....
If not for the tech, what is the need for all the BTC? I guess we will see  a massive global something something soon?

Maybe this is a good time for some friendly wager between yourself and barabbas? You can even use a double deposit! who gets to be the lucky one to lockup twice the bet amount when you use it for wagers?

James

A1. Well, the idea is similar, we don't know about the tech. From what I know, David is willing to dump the Bitmessage (if I remember well) and create something which is not that heavy on POW and not that bloated. Any competent dev can create a decentralized marketplace on top of bitmessage with a double escrow idea. So, as much as the idea goes, yes, they are pretty much similar. Let's see the working BitBay tech first.

A2. Well, since bitmarket will work on Bitmessage alone, I don't see it as a competitor. The POW of bitmessage is a killer for such an approach. A marketplace is a heavy traffic usage function if you include pictures and all. Basically you can't grow a successfully marketplace on Bitmessage EVER


P.S. Is TOR still a seller? Why bother with TOR if truly decentralized/encrypted? That's sounds like a bad addition
71  Alternate cryptocurrencies / Altcoin Discussion / Re: BitBay | Decentralized Marketplace | Unmoderated Thread on: December 09, 2014, 10:22:00 PM
I would also remind you that no decentralized market will be ever allow to operate by law enforcement as proven by  'Operation Onymous' last month (17 people arrested in several countries, millions seized). So the whole thing is just a trick to get investors' money without any real-life use, much like "anon" was a few months back and decentralized cloud storage seems to be now. None of that shit will ever have any real life use.
I do not support illegal activities and I think that the problem here was the illegal activities, not that it was a decentralized market. Law enforcement wouldnt particularly care if it is centralized, decentralized or distributed, if it is illegal they go after it. If it is not illegal, then why would they go after it.

Privacy is something that the world needs. If you are content with the govt knowing everything you do, spend, etc. that is your choice. However there are some people that dont particularly want all their personal details available to any low level clerk (or whoever bribes them) and if the data is in a govt database it will be low level clerks that have access to it.

Anyway, you are pro-govt rights, thats fine I have no problem with you having your own views on that, just let me have my own. Fair enough?

James

P.S. I suppose you feel that online poker is a horrible crime that SWAT teams should be sent to shutdown, since it is illegal in your USSA. Let us ignore the giant bribes that lasvegas peoples are paying the politicos to make online poker illegal, such things only happen in third world countries.

Oh I "let" you have any personal views you want, what I don't "let" you is getting away with the INEVITABLE consequences of bot decentralized markets and storage since, inevitably, they will attract illegal activities and, therefore, law enforcement with disastrous effects for everyone involved, including those dealing in legal activities (loss of money and loss of stored property).

I am well aware of the pitfalls of government and democracy itself, but history teaches us that even with those pitfalls it triumphs over anarchy -which is totally inviable- and dictatorship so as long as people support democracy in the US -which is where I live, but not "mine" in any way shape or form- and most of the rest of the world, the world is going to have to live according to laws and rules supported by evolving and alternate majorities. That is a FACT, especially in Law Enforcement, regardless if I like it or not.

As you are fully aware of, regulation is coming imminently to crypto in both the US and Europe. Necessary and positive in the end so, yes I fully support it. And, as long as those are set by democratically elected governments, I support the enforcement of the laws against those who provide playing fields for the crooks and deranged of the world under the cover of "protecting privacy". Every individual I know of, except maybe Howard Hughes, through history, has been more than willing to give up any trace of privacy in exchange for fame and fortune, so, in the end, it is all fake and a monumental lie...

But those are higher philosophical matters not necessarily appropriate for discussion here. What should be discussed, with facts at hands -as I have tried- are both the inevitability of illegal activities in any decentralized environment and the corresponding Law Enforcement action that will follow, since they will have dire effects in the quality of people's investments.
What is your feeling about the Internet? It enables all sorts of crimes, shouldnt it be shutdown? What about the telephone? What about automobiles? What about restaurants?

I think this tendency to criminalize anything that criminals use is quite a bit of overreaction. Why not just go after criminals? Presumably you believe in the right to free speech? Arguably most things on the internet is similar to free speech, but for criminal activity at some point it morphs into a physical thing. [some exceptions, but you understand what I say] So, why not criminalize the physical instantiation of the crime, not the technology that is shared by the criminals and the innocents.

Anyway, I can see we are very far apart on this, so I will stop with this. No sense in taking this thread further offtopic.

Back to my original posting here, it sounds like the bitmarkets is already live? So they are first to the market before the BAY using the same/similar tech.

James


Don't bother with barabbas, he's an angry ignorant shill of IconicExpert Smiley
Any coin out there which have more volume compared to his shitcoin (Bytecoin) is flamed by him, should be regularized to death, etc.
He is a little version of Hitler. Some kind of natzi US version.
72  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 09, 2014, 10:17:24 PM
May someone give the link to the updated version of the wallet?

Current latest version is 1.0.0.1 Which can be downloaded here: ****


Thanks, I was still using 1.0.0.0 aswell.

Don't download that!!!!!!!!!
Use the official link from the OP
73  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 09, 2014, 04:10:04 PM

@unusualfacts30 I quoted you here  Grin
I definitely want to help spread the word about BitBay smart contracts working.
Thanks for sharing those screenshots.




it is prospect coin or scam coin..... Huh Huh Huh Huh Huh Huh Huh

One more to my ignore list. Follow it for a better bitcointalk experience. It's down in my sign
74  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 09, 2014, 11:46:01 AM
BitBay Team, you should do something about the OP

The OP should be rewritten in a more cleaner manner.

- Important information should be posted at the top of the OP, like the new website for example: http://thebitbay.net which looks awesome btw. It is hard to find the new website info this thread.
- A smaller logo
- useless print screens, for example the block explorer print screen https://chainz.cryptoid.info, is taking lots of space and it's really useless
- download should be moved at the top, under more important information like coin specs (supply, tech, etc)


Always write the things by their importance:

1. Information (Website, facebook, twitter)
2. Coin tech specs
3. Download links
4. About
5. FAQ
6. Explained tech (decentralized exchange, smart contracts, etc)
7. ICO
8. Media coverage




75  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 08, 2014, 10:33:50 PM
Lol, those trolls/BS spreaders are desperate already, RiverBoatBTC PM-ing me to get my attention to one of his posts Smiley

Can a stupid troll go lower than this? Such an attention whore
76  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 08, 2014, 10:15:25 PM
Good thing I managed to touch the last cheap coins Smiley

What was the price for it? Damn I missed it with couple hours Sad

well, I managed to get around 5kk for ~100 sat.
77  Alternate cryptocurrencies / Altcoin Discussion / Re: BitBay | Decentralized Marketplace | Unmoderated Thread on: December 08, 2014, 10:09:29 PM
It's fucking working: https://bter.com/trade/nbt_btc


DUHHH! But according to barrabas it cant be done even though it has been done. TWICE (NBT and BitUSD) using different theories to do it too. lol

Don't bother with that idiot, he can't comprehend 2+2=?!?!?!?!?!?!?!?!!
78  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 08, 2014, 10:07:10 PM
Good thing I managed to touch the last cheap coins Smiley
79  Alternate cryptocurrencies / Altcoin Discussion / Re: BitBay | Decentralized Marketplace | Unmoderated Thread on: December 08, 2014, 10:06:09 PM
It's fucking working: https://bter.com/trade/nbt_btc
80  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 08, 2014, 10:01:26 PM
Ok, I have enough now. It's like I bought in a 150 sat ICO now Smiley

See you all at 5kk marketcap
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