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881  Alternate cryptocurrencies / Altcoin Discussion / Re: ALTCOIN of the FUTURE!! on: July 15, 2014, 12:43:37 AM
All Altcoins are to fall. We need centralisation and one good coin. Not another 1000 useless coins with no future. It would be better that people won't create anymore altcoins imho.

Well, if you look a the world there are several FIAT curriencies, a world wide currency isn't necessary, maybe different trends happen in each place of the world and we have a couple active cryptos, maybe not and everyone embraces BTC. In an unregulated market everything is possible as long as there is someone accepting whatever coin. Also, if you want 100% privacy, I wouldn't use BTC but Monero as of to date.
882  Alternate cryptocurrencies / Altcoin Discussion / Re: Done something useful for the monero community? Petition for compensation here. on: July 15, 2014, 12:41:25 AM
Ive been promoting this coin since the early days. When I saw the potential Bytecoin had, I knew Monero, with a fair launch and decent team would take the lead. I think Monero will eventually predate the DRK market as it is objectively superior technology for the goal (anonimity). I just cant think of any reason why anyone would use a cryptocurrency that isn't monero if this person wanted as much privacy as technologically posible to date.
883  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities on: July 15, 2014, 12:37:55 AM
What is the difference between using this and Darkcoin in essence? Is there any point or is this just another P&D
884  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: July 15, 2014, 12:35:14 AM
I have been trying to grasp the concept of Ethereum for a while but I still don't get it, specially when I have barely any free time. Is there any short, to the point 2 minutes video that would explain it to newbies just like there is a similar video for Bitcoin?
885  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 12:30:46 AM
Wow this is like the biggest IPO ever on here. What are the Crypti features in regards to anonimity? Does it use any new technology for this? It would be cool to have a decentralized anonymous market.
886  Other / Politics & Society / Re: Some statistics on welfare on: July 15, 2014, 12:24:25 AM
How would welfare work in a Bitcoin society?
Let us imagine Bitcoin gets total mainstream approval and all fiat fail. BTC is now worldwide.
Who helps those that cannot work for X reasons if there are no fees to collect money from and help the unlucky?
Just imagine the amount of people out there that can't work for LEGIT reasons: Crippled people, schizophreniacs, chronic fatigue syndrom sufferers, multiple sclerosis.. the list goes on. Where is all that money going to come from in a tax free world? How can we trust private institutions to take care of this realistically? How can private institutions benefit from tons of people that can't generate any value in the market?
887  Bitcoin / Bitcoin Discussion / Re: What was the political view of Satoshi nakamoto? on: July 15, 2014, 12:18:50 AM
My question would have been: If he was a legit hardcore, anarko anti regularization guy, why he didn't make BTC at the level of privacy that CryptoNote based coins deliver?
888  Bitcoin / Bitcoin Discussion / Re: Inside dark wallet on: July 15, 2014, 12:16:56 AM
What do you guys think about Monero and CryptoNote in general? I think it plays a legitimate role and solves the privacy issue more efficient that BTC itself. Also, the Monero team is in direct touch with the i2p team, which I trust way more than TOR lately.
889  Bitcoin / Bitcoin Discussion / Re: (Audiobook) The Original Bitcoin White Paper by Satoshi Nakamoto on: July 15, 2014, 12:12:43 AM
Your voice is really nice and for a non english native guy it makes reading the white paper more pleasant. I was expecting an electronic Stephen Hawkin tier automated voice but im positively surprised as it is an actual human dubbing the voice.
In a way it also makes me extra depressed by not paying attention to this back in 2009, when I discovered Bitcoin. I saw it linked to criminal stuff so didn't bother with it, I didn't go deep enough and look at tech side of things. I hit myself on the head daily for it, I guess i'll die with that bitter thought permanently on me.
890  Bitcoin / Bitcoin Discussion / Re: Let's get the denominations of BTC straight on: July 15, 2014, 12:10:10 AM
From what i've gathered during my time here (1+ year) people just don't care to name bitcoin values beyond BTC and satoshi. Usually when there are like 2 or 3 0's (0.002 or 0.0002) they talk in terms of BTC, then when the amount of 0's become ridiculous they just say 2000 satoshi or what not. I have never seen anyone talking in terms of milibits in chats or whatever.
891  Bitcoin / Bitcoin Discussion / Re: Quantum computers: possible menace to Bitcoin? on: July 15, 2014, 12:07:38 AM
When it comes to menaces, my only realistic concern I can think off is someone (or a group off) extremely rich people (think the Bilderberg Group for instance) decide to fuck up Bitcoin for X reasons, buy an insane army of ASICS and aim them all strategically to go 51%++

What do you think of such sceneareo?
892  Bitcoin / Bitcoin Discussion / Re: Developer JGarzik reiterates, upgradable nature of bitcoin! Challenges Ethereum! on: July 15, 2014, 12:05:12 AM
Yes, most people seem to forget that when criticizing bitcoin for a lack of features.

I hope they will improve privacy soon.


bitcoin is pseudonymous already. but then you dont realise that you are the one ruining your own privacy..

you have publicly announced your own bitcoin address:     1BW7LRNWvgPvLBHPWcEiDWqP5xbggxNWyy

so now people know any transactions that ever touched that address belonged to IIOII....

no matter how great the code is, humans will always be the ultimate reason it succeeds or fails. and you have made your privacy fail  

But sometimes you are needed to make an address public, for example to get paid in adv campaings and what not.

So given Dark Wallet also doesn't solve the privacy problem, does CryptoNote based coins (basically Monero) have a legit role within the crypto world?

Im sure a lot of people would enjoy the extra privacy for whatever reasons.
893  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin wallets be trusted? on: July 15, 2014, 12:03:02 AM
Ok maybe this is a bit off topic but I want to ask, when using a non Bitcoin Core wallet like Electrum (i've only used Bitcoin Core ever), can I use my wallet.dat file with Electrum and I will get the up to date balance and payment history plus all of my recieving/sending addresses on there?
894  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn Bitcoins Simply By Posting on: July 15, 2014, 12:01:09 AM
Yes, the interface from Google Forms seems a bit confusing and primitive to me. A realtime system would be ideal. Maybe Stunna should hire someone to count posts or something to make it faster, but ideally a system that automatically counts posts would be better, then someone goes through them to guarantee they arent "lol" or "XD" replies or whatnot.

Also, it is not clear to me yet if the posts you make in this thread count? afaik Stunna hasn't said anything about it so it should count as well.
895  Bitcoin / Bitcoin Discussion / Re: I lost 10 units of fiat, Bitcoin could have prevented this. on: July 14, 2014, 11:55:32 PM
Seems like a legit observation to me, but if you lose your physical wallet, it would be the equivalent of lossing all of your bank accounts at once, assuming you have all of your BTC in that wallet. So one should start thinking about the fact you would need a couple of different wallets. I would keep the main wallet at home (the bank wallet) then a handy wallet with enough BTC to go through the day, like our current money wallets.
896  Economy / Marketplace / Re: i'm glad there are so many scams and frauds on: July 14, 2014, 11:52:01 PM
The amount of scams that are done to steal your fiat money is a 99% against 1% BTC which is still in alpha tier development. Scammers gonna scam. With regulations you could tell the police, but the dilemma arishes: Is said regulation beneficial considering the cons that would come for the BTC ecosystem?
897  Economy / Marketplace / Re: Invest bitcoins? on: July 14, 2014, 11:49:08 PM
If you are completely clueless about what you are getting into IMO my best bit of advice would have been to leave it in your wallet. As far as the altcoin market im only holding some Monero long term. Of course you can always try to benefit from pump&dumps if you have the balls as it is very risky.
I would have invested in Moolah but during the IPO I didn't even had 0.15 which was the minimum entrance point.
898  Economy / Marketplace / Re: Are Physical Coins a good investment? on: July 14, 2014, 11:44:56 PM
If Bitcoin goes mainstream, physical coins would be a really legit investment because of collectible and rarity value. Like I see it being exposed in a museum in 50 years as something curious to see.
899  Economy / Marketplace / Re: Ebay/Paypal's ridiculous fees on: July 14, 2014, 11:39:45 PM
Ebay is pretty fucking ridiculous. The only use it really has is to build up a decent reputation if you want to start an online store, otherwise fee's fuck you up real bad. If you are only selling random shit sporadically, you might as well go WTS in the forum related to the object you want to sell.
900  Alternate cryptocurrencies / Altcoin Discussion / Re: DOGECOIN - INCREASE IN VALUE on: July 14, 2014, 11:20:56 PM
Obviously Dogecoin can never surpass Bitcoin or pretend to take Bitcoin's role in the crypto ecosystem, that's just retarded. But it's about filling a niche and Dogecoin is clearly the "fun coin" niche for tips, reddit, facebook, etc. Also Dogecoin has showed ridiculous power when it comes to charity and funding projects. The community is also huge, bigger than Litecoin at least reddit wise. They obviously don't care about Doge's value and that's clear by the 1DOGE=1DOGE statement.
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