The problem there is that nearly everything post Bitcoin has been rushed to market and had insufficient peer-review and attack testing.
Most projects go from idea->development->launch within a year, and with technology as difficult as this to get right, it's just disasters waiting to happen (as we've seen).
Compound that with the fact that there is very little UX and marketing experience here in general, the roll out and scale up efficiency is also going to be...well...terrible for the most part
That's not the main problem here. The main problem is that these "project" start with the solely purpose to make more BTC/fiat money to their creators. That's why they are rushed on the market. We can work with the current (proven) tech for years to come.
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Are the rumors true that one of the developers of Augur is having a mental breakdown? It was said that he was tweeting weird stuff saying that Ethereum is a Russian honey pot or something, and also that Vitalik controls Ethereum totally making the platform not ideal for dapps. Maybe that is what's making the price fall, that developer could be dumping right now.
Quoting above from another thread. Could this have been going almost a week (nov 30th was above post)? This augur dev guy has 100,000 rep on polo and wasn't able to secure his polo account for a week? Must be more to this story. Yeah! This is pure bs for sheeps! What is pure bs is you still in my thread: GTFO of my thread!
I'd suggest you to stop post your nonsense here, because I'll mark you as a spammer and will paint you in red like every LEOcoin shill deserves.
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Dude it takes time, Bitcoin may have been around for nigh on 8 years, but nothing really happened for the first 5. Early adopters were simply getting to grips with the ideas and possibilities behind it.
Things didn't really start to move forward until the likes of NameCoin, LiteCoin, Tenebrix and PeerCoin came on the scene 3-4 years ago.
I agree though that things seem to have stalled, there is innovation in niche areas, but the critical issues have remained unsolved and most of the solutions aren't real solutions at all.
Segwit is a knee-jerk reaction to miners forcibly sticking to 1MB blocks, and Lightning is an ill-conceived attempt to get around the undeniable limits of a truly decentralized block chain's architecture (300-500 tps on-chain is the practical limit right now due to all manner of issues without semi/full centralization)
For a crypto technology to really become global, the following NEED to be solved in a satisfactory manner:
Scaling "on-ledger" without any form of centralization Centralization resistant consensus Efficiency of the consensus Fair reward to network participants Better economic model promoting stable currency value (not pegging or oracles) Integration into existing payment infrastructure No requirement for centralized 3rd parties (exchanges/off ramps) Ease of use
I've been working on these problems for 3+ years now and I'm getting really close to a complete solution.
Time will tell.
One can argue if SW and LN will solve Bitcoin scaling issues, but no one (with his right mind) can argue with this: Bitcoin came for free. Period. You do realize that this sometimes cost billions of $, which were taken from the masses? That's why I once said: Technology is becoming more and more sophisticated. I'm kinda against that, because majority of the people are not "geeks". This could be a big problem for Bitcoin (and others), since it is cryptocurrencies against fiat money "thing" (i.e. people vs. banks). Making things more hard to understand will eventually interfere the adoption of the cryptocurrencies (at least in the way we see it now, because in the future, the banks can use the technology for themselves and the ordinary guy will be screwed... again). Maybe current technologies may find its use in 5-10-20 years (who knows...), but not now...
Most of the people are getting fooled and they are losing money. Of course it takes time, but what are the costs? Ethereum is forking every now and then and currently only the whales saved the day (we all saw to where it was headed, until the whales put their fat buy orders). This is a completely centralized and manipulative way!
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Thats why I got my order filled on polo.
Imagine those that had it in at 1000 thats like 30x profits in a few seconds.
Sad for this guy though.
Looks like its not only one guy. Someone claims that the hacker has their pre-launch database: https://twitter.com/DanDarkPill/status/806091271450267648
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Bulshit! Its game they play! We are bot stupid!
How ironic... P.S. GTFO of my thread!
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Of course you don't have to. It reminded me of the story of a guy who "accidentally" sent 25 BTC to "cloud mining service". After few days of "investigation" this "cloud minig" sent his BTC back. Of course after few months this "cloud mining" turn in to a scam.. Stories, stories, stories.. Then maybe I should open a Scam accusation against them, paint them in red and ask Gleb & cryptodevil for a little help?
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Just saw this: Has anyone seen the conversation?
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I had the same impression. If it is true story, it is really strange that in first post he write that months he didn't be able to do nothing. Then open here accusstion thread and like a magic trick problem is resolved.. Fast, without confirmation if he still uses this Bitcoin address, with 3% of interest, with almost double price of Bitcoin.. It sounds to good for Bitcoin world! I would like to see at least transaction ID.. I tweeted to Cryptonator ( https://twitter.com/bulgar1an/status/806057896794591232) almost right after I made my post. See what happens.
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Hello today i got a good respond from cryptonator.com stating the following : ===============Original message============= Hello Fortunately, one of our clients pointed out to this post on the bitcointalk board https://bitcointalk.org/index.php?topic=1686518 and we were able to identify you in our system by the address on the attached screenshot. The last message we have received from you was on the Dec 13, 2015 17:06. In our reply we asked whether to refund the payment or send in to the target address. And since then we didn't hear from you due to a possible bug in the Zendesk ticket system, which is no excuse anyway. We have refunded the pending transaction of 3.987 BTC to your bitcoin account and also added 3% atop that amount as an average annual interest banking rate. If you'd just have contacted us from any other email address, this could be resolved way faster. We deeply apologize for this delay and the inconvenience caused. ========================================== therefore it is my moral duty to inform everyone here about the solution i got from them after posting in here , and that i would mark it as a resolved problem . going to move to printed wallet for best protection and stability since i do not intend to move them for years . i appreciate everyone's respond and taking the time to read my problems ! We also would appreciate if you could post on the board that the issue has been resolved. Geez, that sounds like a fairy tale. Any proofs for the payment? Because, frankly speaking, currently this looks to me like an advertising. Not to mention that back in December, 2015, Bitcoin was more than $300 cheaper than it is now.
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I mean, come on! Digital currencies are meant to be the Internet money, but they're still extremely young. Everything else, which tries to offer something different is failing. Not to mention that 99,99% of them are manipulated on the exchanges. What currently happens with Ethereum is completely normal (market reaction). Not sure about Augur, Factom and Decred, since I am 100% distancing myself from them. Same goes to Waves and LISK. AMP has been already discussed (I saw someone mentioned they team got into fight?). STEEM is going up at the moment, but the main concept of it is to make some people rich (and this already happened), so I really don't care what happens with it either. There are even 10s of completely dead coins (well, with somehow working blockchain, so not 100% dead, but they serve no purpose), which are traded more often than coins with active development.
I would be happy to see new coins using the old tech (FUCK this scaling issue, ok? SW and LN should bring much improvements, and we're not talking only about 1-2 coins/currencies), but focused on a certain market niches. Someone may say that you have Bitcoin, but BTC is 'boring'.
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How long has the pow been finished ad how much is the annual pos.
All of this has been explained in the OP. ARCO is at ~400,075 block and current supply is ~945k. Is there a rich list anywhere that can be trusted. Not the one on chainz. That one sucks. Don't know more accurate one.
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Geez, this one really crashed hard. It lost like ~670% of its value in 40 days....
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How long has the pow been finished ad how much is the annual pos.
All of this has been explained in the OP. ARCO is at ~400,075 block and current supply is ~945k.
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Don't see anything new on this coin. Though no premine no ICO is a good thing. But it seems just another copy and paste coin for some more fun
The guy behind ARCO is using his real identity, the coin is cheap and has extremely low supply, and currently you can buy significant % with peanuts. What else do you want? This "copy/paste" tech has been proven to be working (unlike DAO and Ethereum).
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just found thread...assemble a team for sure. glem on the case for sure
Glem is currently relocating, so he's most likely won't investigate this, but he's definitely up for the idea about the team.
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I can't believe people were THAT stupid...
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YIz, please delete your comment...
Alright, I guess it's not allowed to post images from facebook then? or names? It's not about that. I and hopefully cryptodevil will investigate this and such revealings are not helping. I assume you understand why.
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YIz, please delete your comment...
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Of course, opair scam bought the service including website, he is armando farpa, electroniccash found his name.
This just made me look for the guy and I did found something very strange! These days I'll ask cryptodevil and Gleb Gamow to engage with me on this, but Gamow is moving to another place and he's currently busy. I hope that cryptodevil will have some spare time to waste. More to follow...
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