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7321  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 03, 2014, 05:13:29 PM
Yes, I hear what you're saying and I agree with you, it definitely needs to be handled delicately.

LoL. About as delicately as a brick through the window as it appears  Cheesy

No worries. Thats the price you pay for a de-centralised organic network that's open to everyone. It will attract those who attracts and repel those who are looking for the "take me to your leader' approach.

Thankfully, none of this affects the integrity of the core technology being developed which will get used, make no mistake about it. Nore does the fact that 'competitors' loom on the horizon. There will be plenty room for all to carve out a place in this type of technology market for the supply is tiny and the potential demand very substantial.
7322  Alternate cryptocurrencies / Altcoin Discussion / Re: Overstock.com CEO interested in NXT asset exchange! on: May 03, 2014, 04:51:04 PM
Ripple Labs also has a fleet of top notch talent, spanning code and business development, backing both the protocol and network. And... they even have an award winning economist on the board, as well as having been highlighted as a potential ACH payment alternative---from individuals of diverse interests, spanning between the W3C and St. Louis Fed. Also, before I forget, here are the investors and startup incubator.

LoL. I like the "award winning economist" bit. If you'd wanted to kill your brand stone dead you'd have made a good attempt at it with that bit of PR right there  Wink

Thankfully, apart from the "top notch talent", NXT doesn't have any of this crap which is why it's becoming so popular.

It is an organically grown network from the ground up which engenders participation and stakeholdership from all who care to contribute. Despite that, it has a well co-ordinated and productive developer core who have consistently delivered results according to "roadmaps" from months ago.

Not an easy thing to do.
7323  Alternate cryptocurrencies / Altcoin Discussion / Re: Overstock.com CEO interested in NXT asset exchange! on: May 03, 2014, 04:15:06 PM
Dont forget that majority of coins are cornered. (71 individuals bought the entire stake for 21 btc)

This remark must have got stuck in bitcointalk's timewarp tunnel from January.

ThePurplePlanet is therefore hereby nominated as the thread's "Dalek in Residence'...


7324  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: May 02, 2014, 03:52:56 PM
I'd be careful of Digital Ocean.

I got my account shutdown by them under article 12 of their terms and conditions for doing cryptocurrency mining. See here: https://www.digitalocean.com/legal/terms

They detected that my servers were absorbing "excessive processing resources" and asked my what I was doing. I was honest with them about my activities since I wasn't doing anything illegal.

At that point they promptly froze me out of all my servers and closed my account without telling me. I only found out about it when I sent a support ticket about not getting access to my servers.

Once we started communicating again (I was very professional and polite with them so they had little choice) they referred me to article 12 and said that I had categorically violated it by doing cryptocurrency mining. I pleaded with them to at least give me access ot retreive my stuff of my droplets and they obliodged - giving me 1 HOUR to get my stuff off before closing me down again for good.
7325  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: May 02, 2014, 03:36:40 PM
Folks,

I've been buying on the way down - have put in an order every 200 Satoshi drop. Have got another one in at 25.

I now have enough for the 1000 DRK node thing but I don't know anything about it. Is there something interesting about becoming a DRK node ? Can anyone direct me to more information about it ?

Thanks in advance !

7326  Economy / Speculation / Re: I give up on: April 29, 2014, 11:00:29 AM
It seems every time I find something that looks promising, I'm just a sucker waiting to give someone else a payout.  I have been following advice a gentleman offered to "hodl" my bitcoin, from $984 all the way down to now $436.  I've just been fooling myself, telling myself "Don't worry hon, it will go back up! It always has!"  I've been spending my time reading the forums and hoping.  My friends called me crazy when I told them it's a sure thing.  The shame is just as bad as the lost money.  So I quit.  You guys win.  Coins sold.  Sad

You should not have sold. Buy them back immediately. If it's still at this level at the end of 2015 then consider it.

At least wait till the Winklevoss Bitcoin ETF has floated on the stock exchange (probably around the end of the year / early next year). Here's a couple of hard facts for you:

[1] - cryptocurrency technology can not be un-unvented. It's here to stay and will only grow. eMail took 10 years to really proliferate into widespread use. You are far too impatient.

[2] - Bitcoin is not being replaced. Despite a flotilla of "Alts" storming onto the scene over the last few months, not one single one has even made a dent in Bitcoin's supremacy. Even Litecoin retains its status. The hashpower of the Bitcoin network is now immense, it's only consolidating.

7327  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 26, 2014, 02:26:57 PM

ROTFWL !

That was class. One of the better 'Hitler' scenes I've seen.

("Don't worry, your Feathercoins are ok" LoL !!! )
7328  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 25, 2014, 08:27:15 PM
entry at 12000 satoshi and one hour later 7000 - 8000 satoshi  Cry

nice one baby ^^

Don't get depressed. There are options in that situation and action to be taken:

[1] - get studying the fundamentals and come to a conclusion over whether the dip is temporary or permanent

[2] - if you think it's permanent, wait for the next rise and sell everything you've got at the top of the rise (even though your still underwater - it will minimise your losses)

[3] - if you think it's temporary, and it has a good chance of going back at least to 10k, buy now, sell at 10k to mitigate your losses, wait a while and re-asses the situation
7329  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum, MaidSafe, NXT, anything else worth investing in, in 2014? on: April 25, 2014, 12:33:31 PM
That dotsforbits thing looks interesting.

Are projects already underway to run on top of the asset exchange then ? Where kin we find out more about this ?
7330  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 25, 2014, 11:56:18 AM
5 Million WC not distributed, 65 Btc at 1300 sat
who didn't bought yet and want to catch the train

WC
White is Right


I don't understand this message. Translation ?

Are you trying to say that WC is craply distributed ? That there is 5 million WC sitting about to be dumped on unsuspecting buyers ?
7331  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 25, 2014, 11:24:48 AM
If I had a bitcoin for every time the Chinese government "banned" bitcoin, I'd be retiring.

It seems to happen every couple of weeks.
7332  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 25, 2014, 09:32:10 AM
Do you think that cinni is overprice or underprice now?

My 'conservative' initial target was 30% of the Blackcoin price.

Correcting for coin supply, that would be around 40,000 to 50,000 Satoshis.

So if you go by that then it's undervalued by 70%.

On the other hand, if you think CINNI will never get further than 10% of the Blackcoin price, then the value is about right now.
7333  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum, MaidSafe, NXT, anything else worth investing in, in 2014? on: April 25, 2014, 07:34:58 AM
Myriadcoin.

Agreed. Myriad is great as well (for a 1st gen alt).

Have got some. Undervalued.

7334  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum, MaidSafe, NXT, anything else worth investing in, in 2014? on: April 25, 2014, 06:46:29 AM
I think that even if NXT, Etherium, NEM and Maidsafe ALL do exactly what they say, those networks alone won't remotely be able to satisfy the demand for this type of technology when it gets going.

Here's a small example just using NXT from my own industry (software development). I am an independent software developer and I plan to use the NXT asset exchange (currently in development) to issue software licenses as follows:

[1] - a licensing component in the software makes a call to the NXT network and creates an account (instantaneous)

[2] - it writes the private key to disk and informs the user of the account number

[3] - the user purchases one license unit from the NXT asset exchange

[4] - on a subsequent launch (or periodically) the software detects the presence of the appropriate asset in the account it created for itself and considers the installation licensed

So NXT doesn't have to become the new bitcoin to become hugely valuable. It just has to capture a tiny part of some relatively tiny world markets for all sorts of applications to be massively in demand.

NXT will be needed to:

A. Issue the assets (Currently costs 1000 NXT per asset, but I don't know if there's a limit on the quantity you can issue)
B. Pay for the assets

The thing about 2nd gen alts is there's a diversity of applications. They can all be successful and not even tap 1% of the potential market. 1st generation alts are currency and that's it so there can only really be 1 or 2 winners.

7335  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 25, 2014, 12:49:19 AM
should the coins still be recieved if the wallet isnt synched

bassoa

Your coins aren't actually "stored" in your wallet. They are stored in the blockchain but your wallet holds the "key" to access those coins.

If your wallet is not "sync"d it may look like you haven't got any coins when in fact you have. Thats because the wallet hasn't yet "cought up" with the transaction that moved your coins.

The way to definitively check if your coins are there is to use a block explorer to inspect the coin address directly on the blockchain.

Type your address in here and see what the balance is: http://cinni.coinnuke.com/blockexplorer/

If your coins are there then your wallet just needs to finish its synching to be able to "see" them.


7336  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 24, 2014, 11:03:45 PM

"Multipools that pay out in Cinni
Encrypted and unencrypted messaging
Betting using feeds
Asset creation and trading with ability to pay dividends
Hardware wallet
Payment solutions
Contract creation and trading with ability to buy and sell altcoin call options and put options with multi-chain support
Cinni bank that trades altcoin breakouts for you and pays out in Cinni (3rd party service)"


Your describing a certain 2nd generation POS alt that's already out there and testing their "Asset creation and trading" function as we speak to be launched in about 15 days. (And I'm not talking about Blackcoin  Wink  )
7337  Alternate cryptocurrencies / Altcoin Discussion / Re: Are MaidSafe and Ethereum competitors? on: April 24, 2014, 10:41:52 PM
C++ is much more powerful, faster and efficient but it's not very handy for quick development.

All I'm saying is that your on shaky ground making an appraisal of an entire technology form the language its written in. It's one part of a big picture and the language needs to fit appropriately in that picture.

The only reason anybody's interested in performance these days is if there's a performance priority - like in games or realtime signal processing. Nowadays, productivity, portability and accessibility are usually higher design priorities which puts Java well above C++ as far as meeting those criteria for internet hosted applications goes.

Take NXT for example. It's APIs use industry standard internet protocols such as http and JSON. Java is a perfect choice because it runs on just about every OS, browser and conceivable host where those protocols form the primary access medium for that blockchain's clients. Performance isn't a problem.

On the other hand, something like Etherium will probably have a higher performance priority because it's got to interpret a load of psudo code so I can see C++ being more appropriate there.

None of these things have anything to do with 'professional tools'. It's the right tool for the right job.
 


7338  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 24, 2014, 10:23:47 PM
EDIT: Overall market depth on Mintpal:

Total Bids: 210,000
Total Supply: 111,000

80,000 buy wall now moved up 50 Sats to 1350.

The order book seems to have tipped towards the upside again.

Market depth now:

Total Bids: 322,000
Total Supply: 128,000

Demand at 1300 Sats is over 200,000 CINNI. sorry to those of you who were looking for 10k CINNI tonight because it doesni look as if your gonna get it.
7339  Alternate cryptocurrencies / Altcoin Discussion / Re: Are MaidSafe and Ethereum competitors? on: April 24, 2014, 09:59:08 PM
Java is much easier but it's not a low-level language. C++ is definitely not a language for beginners, that shows you are professional and serious with your project.

Are you a professional ?

You don't sound like one coming out with nonsense generalisations like that.
7340  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 24, 2014, 09:44:26 PM
nice post

The Blackcoin people didn't think so. staffly cheekily posted it over there as well and got his knuckles wrapped for it (probably justifiably) Smiley

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