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701  Local / Alt Coins (India) / Re: Did you guys Claim Ripple giveaway yet? on: April 15, 2013, 08:09:09 AM
Ripple credits are not a currency, they are only a token of exchange to prevent spamming the network. They do have some small stored value in them, but Ripple is built on the principle that credit is abundant.

Can you elaborate difference between 'currency' and 'token of exchange' ?
702  Local / India / Re: Third major crypto currency for India? on: April 15, 2013, 08:04:19 AM
I m betting my Money on TRC and NMC

NMC is evergreen,not much affected  Smiley
703  Local / India / Major news portal of India publishes 2 articles about bitcoins on: April 15, 2013, 03:36:08 AM


Bitcoin’s big crash: Why you must know about this digital currency


Bitcoin bubble may have burst, but virtual money will rule


704  Local / Alt Coins (India) / Re: Did you guys Claim Ripple giveaway yet? on: April 15, 2013, 03:32:53 AM
https://ripple.com/faq/

Quote
How many ripple credits (XRP) are there?
When Ripple started there were 100 billion ripple credits in existence. This number is slowly decreasing because, as a security measure, each transactions destroys a tiny fraction of a credit. Don’t worry — even with the whole world using Ripple, it will take thousands of years to destroy all the credits. You can see the exact number of credits at the Live Network Graph

Bitcoins 21 million limit
Litecoin 84 million limit
XRP 100 billion limit

You can see what there actual worth may be ?
705  Local / India / Re: Third major crypto currency for India? on: April 15, 2013, 03:27:36 AM
With bitcoin being the primary crypto and the possible support of litecoin on bitocean, what would be the next major crypto currency in India?

I personally prefer Novacoin although it's 2.2 billion cap seems to be very high (I know about the pre-mine allegations but somehow that doesn't really bother me.) The 2.2 billion cap may even make the coin seem cheaper to purchase than btc and ltc when crypto markets reach full maturity.

I'm biased towards Scrypt because I can mine at 268 Kh/s on scrypt but only 189 Mh/s on SHA 256.

PPCoin is listed as a major currency (in this thread https://bitcointalk.org/index.php?topic=134179.0) but I gather that Novacoin may ultimately replace it. I can't even download the blockchain of PPC in its client (something about the checkpoint being too old.)

But it bothers others,some the creator may dump the premine and the market collapses.This happened with many alt coins earlier,like TBX.
From my point of view for the third position the contenders are PPC and TRC.
706  Bitcoin / Press / 2013-4-11 Bitcoin’s big crash: Why you must know about this digital currency on: April 15, 2013, 03:21:28 AM
http://www.firstpost.com/tech/bitcoins-big-crash-why-you-must-know-about-this-digital-currency-694772.html


Advocates describe Bitcoin as the foundation stone of a Utopian economy: no borders, no change fees, no closing hours, and no one to tell you what you can and can’t do with your money. Just days ago the total value of bitcoins in circulation hit $2 billion, up from a tiny fraction of that just last year. But late Wednesday, Bitcoin crashed, shedding more than 60 percent of its value in the space of a few hours before recouping some of its losses. Critics say the roller coaster currency movements are just another sign that Bitcoin is a bubble waiting to burst.
707  Bitcoin / Press / 2013-4-13 Bitcoin bubble may have burst, but virtual money will rule on: April 15, 2013, 03:17:37 AM
Bitcoin bubble may have burst, but virtual money will rule

Quote
The rebel Internet currency has been in red-hot demand because of world events that have shaken confidence in government-issued currencies.
708  Economy / Exchanges / Re: Introduction of take profit and stop loss on: April 12, 2013, 02:45:47 AM
It would be better if take profit/stop loss field is also present while making an order.I think this will stabilize the market as people wont panic.

If it can't be implemented. What's the main reason ?

Stop loss is for pussies.

What about take profit ? Why do you selectively chose the negative point ?
709  Economy / Exchanges / Introduction of take profit and stop loss on: April 11, 2013, 07:08:31 PM
It would be better if take profit/stop loss field is also present while making an order.I think this will stabilize the market as people wont panic.

If it can't be implemented. What's the main reason ?
710  Economy / Speculation / Re: When will the bubble bubble pop? on: April 10, 2013, 12:38:07 PM
there is always an xkcd for everything, I think we could be in an xkcd bubble...



This image is epic.The world needs sustainability more and more  Cheesy
711  Bitcoin / Development & Technical Discussion / Re: Please check my math! on: April 07, 2013, 09:32:39 AM
Quote
[Also, some governments (such as China's) may not like other governments (such as US), so if for example US governments starts fighting Bitcoin to save dollar, China's government may start their own Bitcoin mining program. China really doesn't like US dollar as a global currency, they just pretend they are happy with it.

Governments could try manipulate and control generation and price of bitcoin,that seems a bit farsighted as of now,but it would be interesting when this happens. Governments/UN would be forming IETF like organisation to control and manage their own crypto currencies besides other global crypto currencies.
712  Alternate cryptocurrencies / Altcoin Discussion / Buying 100 BTE @ 0.045 BTE/USD on: April 06, 2013, 07:34:05 AM
USD will be in BTC-e code.

pm me if interested.
713  Alternate cryptocurrencies / Altcoin Discussion / Re: [BTE] 1bte givaway, post your addresses gents on: April 06, 2013, 06:56:58 AM
8VEP5gmTLTZCunTpNfFyA9E3KhJsz32BqX

Thanks
714  Alternate cryptocurrencies / Altcoin Discussion / Re: 400 XRP for video compression and uploading on: April 06, 2013, 03:38:58 AM
Is the price too low ? If anyone interested,please let me know at what price you are ready ?
715  Alternate cryptocurrencies / Altcoin Discussion / Re: 400 XRP for video compression and uploading on: April 05, 2013, 07:34:34 PM
Because downloading a torrent, or worse, a magnet link that you can't even see, isn't the best way to get people to trust your deal.

I can see it,its NHK WILDLIFE - Rainforest Warriors: Army Ants (2009)

the file is too large as its 720p so I wanted to have it compressed before downloading.
716  Alternate cryptocurrencies / Altcoin Discussion / 400 XRP for video compression and uploading on: April 05, 2013, 07:24:42 PM
Work

1. magnet link.
Download torrent
(1.92 GB)

2. Compress video. (compressed file will be about 430 MB)

Compress using handbrake.
 
Cointainer -MKV

Video
Video codec x264
2 pass encoding (Turbo first part)
Avg bitrate - 882 kbps

Advanced H264 cli-options

ref=16:bframes=16:subq=9:mixed-refs=0:8x8dct=1:trellis=2:b-adapt=2:direct=auto:b-pyramid=1:me=tesa:no-fast-pskip=1:no-dct-decimate=1:merange=64

(at the bottom of the advanced tab,paste this cli command and press enter to invoke this settings before encoding)


Audio

Audio codec -vorbis bitrate -96 kpbs DRC-4

In handbrake tools->options->cli tab
check- "Put a individual encode logs in the same location as encoded video"
pm me this log before seeding the torrent

3. And after compressing,upload the compressed file back to torrent network
    and  share the  torrent /magnet link(DHT enabled) on this forum.

4. Make sure the to have at least one seed for the first 3 days of your release.
(you only need to upload about 430 MB once)

5. After verification of the requirements, payment will be made .
717  Other / Off-topic / Re: Buying Ripple XRP for BTC on: April 02, 2013, 04:36:18 AM
Another successful honest trade Smiley
718  Other / Beginners & Help / Re: Alt coin trading guide for vircurex on: April 01, 2013, 05:33:40 AM
You can get a discount on all your trading fees for the first year by using a referral code when you make an account. Here's mine:

781-8942

Apparently I'll get a small fee bonus too, so thank you too. Grin

Thanks for reminding the discount part.
719  Other / Beginners & Help / Alt coin trading guide for vircurex on: March 30, 2013, 07:20:33 PM





After opening an account on vircurex ,you can deposit/withdraw from the account section.Initially no deposit address is present.So, for the first time you need to generate address for the currency, to be deposited.





Generate crypto-currency address







Once your deposit is received,you can start trading.For example,you have Devcoin(DVC),then find the trades under the DVC category on the right side of the page.If you want to trade it for a certain currency, for example ixcoin (IXC).Select IXC/DVC from the list.




You will see price chart for IXC/DVC,you can change the time period for the chart,by clicking on different time periods,below the chart.Next you will see the current bids and asks.Set your trade rate accordingly.




Once you click buy/sell,you need to release the order at the bottom of the next page.




Your order will be placed in the current trade list or be executed.Vircurex deals in USD/EUR.Minimum withdrawal amount is 5$ to pecunix,perfect money,e-gold,cosmic pay,and  liberty reserve via aurum-exchange.
More earning tips at Sure24x7money
720  Alternate cryptocurrencies / Altcoin Discussion / Re: NVC giveaway !!! Trade it, use it, enjoy it. Only 2nd after BTC by price on: March 23, 2013, 09:33:43 AM
4PYcpg4koFWfaZxv64HXstMCKZynwzXbFT

Thanks
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