I am in all 3 major tries to decentralize exchanges (xcp,msc,nxt), so do not get me wrong. Got a few questions: Why should I use nxt over msc and xcp - msc and xcp both use bitcoin adresses - so i can basically send my btc to a msc or xcp adress and exchange in whatever I want through their tokens (xcp,msc). The point with all dex is that they cannot take coins in escrow, so you can trade an IOU of doge or btc or whatever but not a true doge,btc or whatever. This is also true for nxt isn't it? I remember James trying to build a somewhat gateway which trades real btc or doge for nxt: Are you going to release that with the first version of AE? Or do you also at first trade IOUs? I follow nxt since mid-december and it is great to see the progress  |
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nothing wrong with trying count me in |
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does ANYBODY know what it was BCNext wanted from us that we didnt do right? Im still not sure if TF will ever happen, earlier CFB gave an april fools response to a question about TF and if he could complete it
I think in the early days cfb mentioned (re)distribution. NXT is becoming quite funny now - no disrespect just mentioning. Do you guys really buy all these stories? |
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Primecoin isn't any more energy efficient, it just produces prime number strings of possible scientific value (instead of useless leading 0 hashes); PPC is, but it's only 1 PoS block per 4 PoW blocks, which I don't think is very noticeable when PoW mining returns are much higher than PoS returns; someone can correct me on this though.
if you look at the current http://ppc.blockr.io/block/list/ , POS is already 90%. Regarding to whether or not XCP should hop to altchain. Nobody seriously cares of alts, seriously. What makes XCP/MSC interesting is they are living in Bitcoin, not one of those obscure chains which are likely to be irrelevant in the future, why? unless they come out with blown away features, not just different money distribution schemes, or minor improvements, they won't match the Btc first mover advantage. Ethereum does promise a good load of somewhat blown away features, so it's got a lot of attention lately, but if we have the strength of Btc network and its widespread adoption + 2.0 protocols on top of it, there might be no points of Ether. +1 even though I think ether will still have arguments - but probably their currency is not needed |
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Block reward decreases each block according to the formula: BaseReward = (MSupply - A)/2^18, where MSupply = (2^64 - 1) atomic units and 'A' is amount of already generated coins
there are somewhat ~450.000 blocks mined - someone with math skills will have no problems to calculate that - playing around with wolfram alpha I would estimate that quite a ton of coins are already in existence. The first blocks had a massive reward. I am just too badly educated in math to get it into a general formula
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can someone tell me how many coins are already in existence out of the 184billion? edit: correct me if I am wrong maybe it is a language thing but it is acutally out of the total 184 trillion coins isn't it? do not get the calculation but the number of coins must be much higher - 2^64-1 https://www.wolframalpha.com/input/?i=%282%5E64-1%29I think you are wrong about total coin amount - on main web site it is clearly said that there will be 184.46 billion BCN. Also it is said that "One coin is divisible down to 8 decimal places (divisible up to 10^8);" so i quess the right amount is 184,46 billion =184 467 440 737, 09551616That is how i understand it, correct me if i am wrong. but if coin supply is 2^64-1 the number is much larger and it would be uncommon to use coin supply by the last decimal how many coins are already in existence? |
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can someone tell me how many coins are already in existence out of the 184billion? edit: correct me if I am wrong maybe it is a language thing but it is acutally out of the total 184 trillion coins isn't it? do not get the calculation but the number of coins must be much higher - 2^64-1 https://www.wolframalpha.com/input/?i=%282%5E64-1%29 |
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So any call on the actual bottom? I almost pulled the trigger for buying about 10k worth at 580, then thought I'd wait a week, then saw 500, now 460. The bottom could be here, or could go back to $100. I don't see any reason for the bottom to be here now.
The bottom could be 0 too. Just remember, don't risk what you can't afford to lose. I highly doubt that the button will ever be 0, unless a far superior system is invented and widely adopted. I would estimate that at least 90% of the price is given by speculators playing Keynes beauty contest, these days the speculators think that the other speculators think that the winner is low prices due to some uncertainty in the markets, nevertheless the game they are also playing is who gets the most bitcoins - I highly doubt that people are leaving the market. When some panic buying starts it will be funny, I expect quite a price spike once the contest is going in the other direction. To get a broader picture, Bitcoins market cap, is lower than M1 of Macedonia... |
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the growth of the addresses continues in a regular way
despite price changes.
you are doing a brilliant job thank you I have a question regarding the analysis: in times of declining prices do you "value" the new adresses differently? I would assume that the quality of new users in times of declining prices is different from the ones in times of rising prices. So I assume that the new addresses in times of declining prices can be characterized as more valueable, because the people buying in now are more convinced by the overall project than in times of rising prices, when people buy in for short time winnings. |
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I think some of the core developers of bitcoin in the xcp thread already told that this is at most half true
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 Dicking around, non swirly lines version. I like the current logo very much but wow - that is an interesting approach |
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Do not know where to put the question elsewhere: Can somebody explain me (like I am five) why bitcoins cannot be taken in trustless escrow on blockchain. will it ever be possible to do that? for example i read that http://bitcore.io/blog/articles/cosign-our-multisignature-wallet-in-development/ will build a user-friendly multi-signature system. as a non-developer I was wondering if one could not use(or abuse  ) multi-signature in a different way as trustless escrow? |
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what i do not get is why the chinese should sell their bitcoins in the event of closing exchanges? I would hodl them and probably sell them overpriced after the 15th of april or when your economic turmoil really has started.
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Just follow the exponential trendline. It is already like 900. By buying now it is very difficult to lose. Yes, I have spent countless of hours analysing it.
do you share this? - would probably be interested in this for interest/scientific purposes |
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xcp counterparty / msc mastercoin?
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not a trader so probably wrong here but the funny thing is that panic buying is always faster than panic selling. every fuckin time I hodl money for btc I'm just afraid to miss the latest news and buy back when price is already up - so HODL
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one (probably better informed) individual is buying all of bters xcp  I think yesterday he started |
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I would also try to get in somewhat before mid/end of april, maybe now maybe shortly after the webwallet was released. anyway I think there was quite a ton of redistribution already in place, does anyone know how many xcp have already been moved? last time I checked blockscan I was guessing that already half of all xcp have been moved
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