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At this stage decentralised exchanges are not real threat to the centralised ones, at least as long as they cannot support fiat/crypto trades, which doesn't seem possible.
But it may change if idiotic regulations such as the Lawsky's bit license comes into effect. If the exchanges are obliged by law to collect detailed personal info on every user (even if he/she doesn't trade in fiat) then many users will likely switch to decentralised exchanges.
And how would centralised actually 'fight' decentralised?? By spreading FUD? Assassinate the devs?
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Miners, be aware; the pool SimpleDoge is giving 2% bonus on every blocks for the next few days!
(I'm not a miner) How can they honestly give that bonus, they take a temporary loss to attract new people, is that the deal? Red flag for sure Not necessarily, maybe it's just a risky promotion tactic? Maybe they accumulated some serious promotional budget? But it brings to mind one post (relating to bitcoin, but still): As evidenced by miners clearly being influenced by their short term economic gain it seems a bad actor could launch a >50% attack much more easily than actually hashing the majority of the network themselves. All it would require is a pool run by a bad actor that simply offered economic incentive sufficient to attract miners away from Ghash et al. If miners as individuals are incapable of ignoring the lure of immediate gain, the bad actor could simply operate a pool at a loss for a short period of time and gain control of the network. This would be much cheaper than any other way of mounting this sort of attack.
This is the main issue as I see it. Thoughts?
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I don't get it? Why would someone choose you over PrimeDice?
Stunna's more trusted, and over there the post's cap is 400. Over here it's 100, and it's at the same payscale. I don't understand?
Why did lots of people put Just Dice/Doge Dice in their sigs? They didn't pay anything for that. It was all about supporting your investment. PRCDice gives you the option to invest, primedice doesn't, afaik. |
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Haven't follow the thread much. Is there already working android wallet? Know someone was working on that.
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Bought a small amount. Don't consider that as an investment, more as a support to the project.
But what if I want to buy some more? Is it possible to get them on the same ETHER wallet? Or will I have to generate another wallet?
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Hi,
I want to join.
Rank: Full Member
Starting Posts: 134
BTC:
12LNcsCYpNERSqVnaxtbVzkdaEihLh529h
Let me know.
Thanks
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Bitstamp has all of its operations in Slovenia and as far as I can see never needed to incorporate in the UK.
I heard that they wish to move operations to the UK hence maybe re-animating the Ltd.
They may have some operations in Slovenia, but their website clearly states their operating as UK company. In "about us section": About Us Bitstamp Ltd. 5 Jupiter House Calleva Park, Aldermaston Reading Berkshire RG7 8NN United Kingdom From the T&C: "As used in this Terms of Use, “Bitstamp" refers to the company Bitstamp Limited, including, without limitation, its owners, directors, investors, employees or other related parties. Depending upon the context, "Bitstamp" may also refer to the services, products, website, content or other materials (collectively, "Bitstamp Services") provided by Bitstamp." |
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Unless I missed some big news, all PoS coins are doing fine except for Vericoin's fiasco.
PoW is the best way to distribute a coin, but PoS seems like a more logical choice for efficient and cheap security which favours all users rather than random miners.
I'm not familiar with all PoS coins, but pretty sure most of them is not doing great. They tend to lose in value. Peercoin, MINT, Colossus to name a few. Mining is always related with certain costs (hardware, electricity) which should, in theory add some value. While PoS will be considered by many as 'free coins' and they would more likely to dump them at any price. It would also strongly affect number of transactions (tipping, donating) and promote hoarding. I'm not totally against PoS idea, but just don't see it as perfect solution. Think PoW with reasonable inflation is better imho. But unlike others, I'd rather see DOGE as functional currency rather than as investment commodity (just like with fiat, you wouldn't keep USD under your mattress, coz it'll lose its value over time, and if you want a gain - you'd need to invest it somehow). |
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MINT to be removed from Bittrex: Upcoming wallet removals - PLEASE READAs per our policy, markets that have been delisted will have their wallets removed 14 days following. A lot of these have been gone a lot longer but will be removed during this cleanup. Please refer to https://bitcointalk.org/index.php?topic=635824.msg7084920#msg7084920 on when a specific market was removed. All of these wallets will be removed on 7/20. If you would like the coins, please withdraw them now. *NOTE* some of these wallets no longer have blockchains, and as such, any withdraw may not make it to you. 365, AXIS, BCT, BELA, BNS, BWC, CCX, CESC, CGB, COMM, CRT, CTZ, CX, DB, DIME, EAC, ENC, ERC, FAC, FCN, FLASH, FRX, GER, GIAR, GLD, GUN, H2O, H5C, HKC, ITC, KARM, KIWI, KSC, LION, LIRE, LTCX, MINT, MUN, MYC, NL, NTC, NYC, PAWN, PRT, PT, PURE, QTM, RC, RUP, SPN, STY, WDC, WVS, XHC, ZEIT, ZIP |
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Here's the draft (40 pages long): http://www.dfs.ny.gov/about/press2014/pr1407171-vc.pdfIt's just a proposal, and it's pretty bad imho. Hopefully they'll get it right. Also, an interesting comment from reddit: gregwilkinson 24 points 19 hours ago
My guess is that this proposal is bullshit on purpose. It's meant to go too far, so that when Lawsky pulls back to a slightly shitty version of it, we will think we won. The whole time his revised regulatory framework will be the one he intended all along. |
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A deflationary economy will be a tragedy.
As stated, people think twice before spending, they are always expecting that prices will go down. That will contract aggregated demand and create a depression.
Besides, a deflationary economy means that if you borrow money you will have to pay interest, plus deflation, therefore it's very hard to invest, only very profitable investments would survive. That limits investment and without it the economy is dead.
Deflation is a bad thing with fiat currency. In a bit coin universe currency is constantly accumulating more purchasing power so people can spend less and have a higher standard of living. Back when the dollar was actually worth something people did not stop spending it. Yeah right, and why would anyone invest their BTC (creating new products, services, jobs) instead of just holding and watching their BTC getting more purchasing power? |
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I like the middle one.
BTW what happened to the faucet? It's says "This faucet is closed". Last time I checked the faucet's balance went from 10 SPC to over 400 SPC and now its closed (?!)
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Ok, I hate to be that guy, but this image is just butt-ugly:  With all the respect to WolfLee84's hard work, can we change it to something nice and simple? It's unreadable, too many unnecessary effects (looks like early 90s). |
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After one HELL of a time getting it to recompile, SPC is back up on AllCrypt.com
Suresh, you should put AllCrypt back in the first post. |
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Anyone using DogeKing.com? Is it legit? Opinions?
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Link w podpisie.
Jak ktos ma ochote na pokera to polecam.
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I was just wondering whether savecoin was the first coin 51% attack resistant, with Proof of fund.
Nope. It's SHA256 coin, with additional PoF feature (combining the best of PoW and PoS coins). There are no and will be no 51% resistant decentralised coins, such resistance would mean that the coin would have to be centralised. |
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But I also don't want to be in the situation that someone remembers their JD account in a year's time, asks me for their coins and I have to say "sorry, I gave them away". Any suggestions? Is it reasonable to give a cut-off date after which remaining balances are forfeit?
Cut-off date is perfectly reasonable. Well, unless you're planning to re-launch the same site from different BTC/gambling friendly country. Then you can just move the investments there, with the same login/password. But if that's not the case, just give everyone something between 2 weeks - 1 month time, announce that on official threads + /r/Bitcoin and /r/dogecoin and it should be fine. After all, everyone could submit email/emergency withdrawal address for the situations like this one. If they didn't - their loss. Think you should keep any unclaimed funds just to be on a safe side. There's always a risk that authorities can question you about it (not likely, but still). And just hold on to it for whatever is the expiration period, after which they cannot charge you with anything (5 years?). PS. I used both JD and DD, it was a pleasant experience. Thanks for that |
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dooglus can you disclose how much BTC have not been claimed? What will you do with them? Just curious
"Invested/site" shows 0.00000000 it would suggest that every satoshi has already been claimed (  ). On doge-dice there's still over 200m left. |
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