The limit was set so that the creation of new Bitcoin is constant and predictable, unlike modern fiat currencies. And also decentralization, of course, but the point is to create a decentralized currency where no central authority can control the amount produced.
But the creation of bitcoins would still be predictable! It's just that the amount of bitcoins that miners earn would remain constant instead of being reduced over time. It could become too inflationary I don't know. Would be interesting to test the idea on a separate block chain so to not totally crash the actual bitcoin value. Dogecoin did that. Look at the price  Dogecoin has no upper limit but it has a fixed rate of 5.2 billion coins every year in the future. I was thinking that the rate would be determined only by the mining, say 25 bitcoins per block as was the initial bitcoin rate. What difference does that make? You are still digging an infinite hole, with an unlimited supply. It's one of the best ways to destroy Bitcoin. Are you from the Bitcoin Foundation, or the NSA? Look. It's a terrible idea. Make a shitcoin to test it out if you want, but so far, I haven't seen and I don't expect to see even 1 person to agree with you at all. I will make a cryptocurrency called fiatcoin. Just kidding! But seriously I think it could be worth testing. I will check out dogecoin which is not exactly what I had in mind but seems similar to my idea. Why do you even think this is a good idea, and how do you think it will help Bitcoin? |
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You mean the integrity of the value of bitcoin? The Bitcoin system would remain the same.
https://en.bitcoin.it/wiki/Prohibited_changesThese changes require the consent of every bitcoin-holder: Increasing the total number of issued bitcoins beyond 21 million. Precision may be increased, but proportions must be unchanged. Deviation from this changes a fundamental property of Bitcoin so you essentially are created an Alt. While hypothetically possible that 100% of people would consent to this change it is extremely unlikely knowing what we understand about human nature(we are selfish and are not going to adopt a change that destroys our savings and framework we depend upon), and the fact that miners don't solely control the vote but users do on this change. Prohibited changes? Decided by who? Some Bitcoin dictator? Bitcoin Central Authority? By the majority of the community. If you don't agree, then you can fork the blockchain and continue your own branch as an altcoin. You might as well put up a poll and find that you are the only 1 that supports this ridiculous idea. |
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The limit was set so that the creation of new Bitcoin is constant and predictable, unlike modern fiat currencies. And also decentralization, of course, but the point is to create a decentralized currency where no central authority can control the amount produced.
But the creation of bitcoins would still be predictable! It's just that the amount of bitcoins that miners earn would remain constant instead of being reduced over time. It could become too inflationary I don't know. Would be interesting to test the idea on a separate block chain so to not totally crash the actual bitcoin value. Dogecoin did that. Look at the price Dogecoin has no upper limit but it has a fixed rate of 5.2 billion coins every year in the future. I was thinking that the rate would be determined only by the mining, say 25 bitcoins per block as was the initial bitcoin rate. What difference does that make? You are still digging an infinite hole, with an unlimited supply. It's one of the best ways to destroy Bitcoin. Are you from the Bitcoin Foundation, or the NSA? Look. It's a terrible idea. Make a shitcoin to test it out if you want, but so far, I haven't seen and I don't expect to see even 1 person to agree with you at all. |
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The limit was set so that the creation of new Bitcoin is constant and predictable, unlike modern fiat currencies. And also decentralization, of course, but the point is to create a decentralized currency where no central authority can control the amount produced.
But the creation of bitcoins would still be predictable! It's just that the amount of bitcoins that miners earn would remain constant instead of being reduced over time. It could become too inflationary I don't know. Would be interesting to test the idea on a separate block chain so to not totally crash the actual bitcoin value. Dogecoin did that. Look at the price Yeah. Dogecoin started with a "random" block reward, then changed it to a fixed block reward, since it wasn't random and was completely predictable. Too inflationary? Definitely. You're basically digging an infinite hole, and people have no incentive to use Bitcoin at all since it would just devalue itself constantly. You can fork bitcoin and make some sort of a crappy altcoin, but it's useless. No one will care and no one will use it. How would this even help bitcoin in any way, shape or form? |
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And if one day we need to have more units we could have more decimals.
Experts say that changing the protocol to have more decimals would be relatively easy and wouldn't even require a hard fork.
We don't really need to change the protocol. It's just changing a way to read data. A simple update for the nodes, users and miners would do it, without a hard fork. We can go beyond a satoshi, far more beyond that. |
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The very point of Bitcoin is that the 21 mil limit can't be changed.
Miners get less bitcoin but in theory there should be more adoption hence the less Bitcoin they get has more purchasing power.
The main point of Bitcoin is the decentralized block chain. The 21 million limit is just arbitrarily set from the beginning. And in the beginning that was probably a good thing, turning bitcoin into a success. Now however when bitcoin has matured a bit there could in theory I guess be changes made to the Bitcoin specification. The limit was set so that the creation of new Bitcoin is constant and predictable, unlike modern fiat currencies. And also decentralization, of course, but the point is to create a decentralized currency where no central authority can control the amount produced. its fastest way to destroy bitcoin.
Yep. |
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You guys should try Heroes Of Newerth instead... Its almost like League of Legend but better!!
heard about it but a copy is never better then the original is litecoin better then bitcoin?  I like League of Legends better than Dota 2 (don't kill me), but LoL is still copied from D2. Although it's undergone many changes and is no longer what it was, it still originally started as a copy. Except League of Legends came out before Dota 2. League was copied from Dota (on Warcraft 3). Honestly, the game play style between the two are totally different. Lol... I thought it was the other way around. I just checked wikipedia, you're so right. But the prize money for Dota 2 is more than league, lol. I'll stick to League, it's way better than D2. Well, I was playing League back when Dota 2 was still in Beta, so I knew I was right without even having to look it up. I believe Dota's prize money was crowd funded rather than coming from anyone directly. League's community is absolute fucking shit imho, so D2 has them there. League is just a better game imho. Yeah, League is full of trolls and toxic players. In my opinion, a sort of trust list like the one on Bitcointalk should be created, so that the community can flag players as pieces of crap and prevent them being matchmaked with them. |
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You guys should try Heroes Of Newerth instead... Its almost like League of Legend but better!!
heard about it but a copy is never better then the original is litecoin better then bitcoin? I like League of Legends better than Dota 2 (don't kill me), but LoL is still copied from D2. Although it's undergone many changes and is no longer what it was, it still originally started as a copy. Except League of Legends came out before Dota 2. League was copied from Dota (on Warcraft 3). Honestly, the game play style between the two are totally different. Lol... I thought it was the other way around. I just checked wikipedia, you're so right. But the prize money for Dota 2 is more than league, lol. I'll stick to League, it's way better than D2. |
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You guys should try Heroes Of Newerth instead... Its almost like League of Legend but better!!
heard about it but a copy is never better then the original is litecoin better then bitcoin? I like League of Legends better than Dota 2 (don't kill me), but LoL is still copied from D2. Although it's undergone many changes and is no longer what it was, it still originally started as a copy. |
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Total supply is 100 billion
Only around 280 million according to Mrvega (who is a moderator on their forum) has been distributed so far.
So in a nutshell it's a 99.72% premine and they have 94% control of current tradeable stellar (5 billion coins for themselves plus the 280 they issued so far = 95% of coins that can be put on an exchange).
Then the remaining 6% of coins are largely owned by early birds, people with tons of fake facebook and speculators, et cetera. On their forum they already have people bragging about owning millions and tens of millions of stellar (most it one way or another coming from fake facebook accounts pre-verification requirement).
So yes I would consider this coin to be a scam. It's all capitalization manipuilation like Aurora coin pre-air drop, Marine Coin and Solar coin. Very easy to manipulate a coin when you have 94% control of current tradeable coins.
Really Stellar is a repackaged Ripple founded by a Ripple developer. If you think it's a new company then you would probably enjoy the 'real wrestling' on WWE, a 8 year old thinks it real but an adult shouldn't.
Stellar is really just capitalizing on the 'egalitarian fad' that you see in upcoming 2.0 coins so they forked Ripple and tried to pass off the egalitarian rhetoric.
The problem is, while Stellar might be 'free', it's far from being fair distribution as Stellar owns 99.72% premine and 94% of current tradeable coins. While they used to give out thousands of stellar, now it's down to $10 and a lot of people are reporting they don't even get the full $10 anymore!
BTW Ripple pulled the same junk. Ripple promised to distribute its' coins but it never did. Neither will Stellar. They wouldn't kill off their own money machine.
Looks like Bitcointalk just made a whole bunch of instant millionaires in California. All they had to do was copy Ripple, give it a reskin and a rebrand and pesto - easy several million.
It isn't even a proper method for a digital currency. It's worse than Auroracoin and Solarcoin and all that, because all you need is an FB account, and one can make one easily. Anyone can use bots to create hundreds and claim hundreds of Stellar-Crap. Ripple is dying, and they quickly created another scheme to absorb money. What a bunch of evil geniuses. |
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It's pretty much a copy of Ripple, nothing new and it will just earn a ton of money to the inventor.
BTW this is not a Bitcoin discussion.
Yeah. But everyone sees it's a piece of crap, a piece of highly premined crap, so it won't gain value. 0.004 per 1000? but where its being traded?
Everywhere. Reddit, the Altcoin Marketplace, everywhere. |
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1) Supply and demand.
2) Yes, you are correct. It's the same with Ripple, it's just a huge premined coin.
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好像很有實用似的. 請問要如何申請!!
你须在 ANXPRO注册. |
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Isn't it child game?
No, it's not, it's an professional e-sport played by many adults all over the world, with over $1 Million in prizes. |
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To everyone that is planning to request a loan, please be careful. Always send your collateral to an escrow, and preferably don't provide any identity information, as he very well might be a collateral/id scammer. I'm not saying he is, but please be careful.
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I offer 0.0007BTC for 1 Day, with escrow.
No probleme i understand for don't trust me. But i'm not an escrow PM me and i will start mining for you 1 hours for free and if you are ok you pay ? No. An escrow is a third party. I pay the escrow, you start mining. Once you have mined the escrow releases the funds to you. |
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Cant i use it to mine other currency on the website other than BTC?
On the site, you can merge mine selected few SHA256 alt coin. You cannot mine scrypt coins however. You also cannot specify a selected alt coin too. what do you mean? It means that the ghs mines Bitcoin and other coins such as Namecoin and Devcoin together automatically, but you can't choose what coin you mine. |
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I offer 0.0007BTC for 1 Day, with escrow.
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I mostly use Cryptocoinsnews and Coindesk they deliver good content, and nice to read.
Yep. CoinTelegraph is also good too, along with those 2 you said. Reddit is awesome, you see everything new instantly. It seems like Cryptocoinsnews has more articles but their quality isn't that good, but CoinDesk articles are really good but not as frequent. I guess you just can't have everything! |
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Hola
ya tengo la tarjeta. e intentado recargarla a traves de la pagina ANXBTC.COM pero me dice que minimo es de 100 dolares y eso en ninguna parte de los terminos lo dice
otra cosa es como verificar cuanto poseo en la tarjeta ya que le recargue 100 dolares y hice una compra y quiero ver cuanto me cobraron de FEE
saludos
Lo pone en nuestro FAQ. Is there a minimum recharge amount?The minimum amount that you can recharge is $100 USD. Puedes mirar el dinero que tienes en la tarjeta a través de cualquier Cajero Automático que soporte tarjetas VISA. También puedes enviar un email a nuestro equipo de soporte y preguntarles. También me podrías enviar un mensaje con el email de tu cuenta, y te podré decir cuánto dinero tienes. lo que no dices tu son los fee que son de 1.5 dolares por compra segun veo en el faq y para recargar son 5 dolares + 2.5% cuando ya antes preguntaron muchas veces por los fee y dijiste que no existían. me parece muy mal de tu parte Correcto. Me parece muy mal de mi parte también. Perdona, pero yo solo soy un empleado y no puedo hacer tanto, y les he dado la información que me habían dado a mí. Cambiaron las comisiónes después, y no pude hacer nada para impedirlo. Para empezar, ahora mismo estoy intentando quitar el límite de 100 USD, a ver si puedo negociar. |
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