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So I seen we've climbed overall from around $400 to $600 with bitcoin, then stopped at around $600. If it repeats, then we should be at $800 soon enough.
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You did the right thing, taking into account that private gpu miners have been mining the shit out of this coin, while the rest wasted resources with cpu mining, and at any moment those big holders could have dumped. It's like the coin having a premine. You can't be sure at any moment. You entirely depend on their will. Price depends on them as well.
However, this coin has a good concept and could have been a good coin. But, greed has turned it into something useless. I still suggest that it should be relaunched. Fair launch this time.
You do realize that there is a public GPU miner available right? And the known private miner is Wolf's, which is topping the performance of the public one by some 10% or so, so definitely not the 'premine' proportions that you're claiming. Big & early holders did get a lot of coins, but have thrown some hefty computing power to mine them before a GPU miner was available, which is perfectly fair. So in short: a largely new codebase, a lot of completely new features, lot's of testing time, timely pre-ann, timely launch ann, emission rate ~ 50% mined in 10 years. Yep, this is a goner, let's relaunch ASAP. (sarcasm alert)~ Myagui Thing is, it's suspected that a Private GPU miner was available at launch, which was the reason why so many people using CPU's were unable to mine any coins with such a high difficulty. That's highly likely seeing the one address that mined a huge amount of coins. But how can a private GPU miner be available at launch unless... 600k coins mined by that address, and windows miners werent working, along with there being a fork, And reports of people's cpu farms not getting any coins at all. I wouldnt say its highly unlikely. |
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You did the right thing, taking into account that private gpu miners have been mining the shit out of this coin, while the rest wasted resources with cpu mining, and at any moment those big holders could have dumped. It's like the coin having a premine. You can't be sure at any moment. You entirely depend on their will. Price depends on them as well.
However, this coin has a good concept and could have been a good coin. But, greed has turned it into something useless. I still suggest that it should be relaunched. Fair launch this time.
You do realize that there is a public GPU miner available right? And the known private miner is Wolf's, which is topping the performance of the public one by some 10% or so, so definitely not the 'premine' proportions that you're claiming. Big & early holders did get a lot of coins, but have thrown some hefty computing power to mine them before a GPU miner was available, which is perfectly fair. So in short: a largely new codebase, a lot of completely new features, lot's of testing time, timely pre-ann, timely launch ann, emission rate ~ 50% mined in 10 years. Yep, this is a goner, let's relaunch ASAP. (sarcasm alert)~ Myagui Thing is, it's suspected that a Private GPU miner was available at launch, which was the reason why so many people using CPU's were unable to mine any coins with such a high difficulty. |
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Simply, any coins are are Bitcoin forks, will fail. Anything noteworthy on an altcoin, like mini-blockchain, Bitcoin can/may incorporate in the future, leaving said altcoin in the dust.
Seconded - 99.9% of the "features" out there can be incorporated into Bitcoin's codebase in a heartbeat. Stealth addresses from the genesis block on (an important privacy aspect) are one of the few things they can't do, not without a roll-over to a new genesis block with all outputs being reissued to stealth addresses computed from existing privkeys (read: practically impossible). For everything else, there's MasterCard Bitcoin. You two really think that Gavin et al are ever incorporating any major features that are found in an alt in to their 8 billion dollar baby? If it's not something that solves a direct threat or major problem with Bitcoin I would put my money on 'never'. Or at least not in the next 5-10 years. Everyone always says it would be easy to for Bitcoin to do xyz, but in reality even the simplest things are bogged down in politics. That's not to say that the Bitcoin's devs aren't doing a great job at what they set out to do: Develop a stable codebase. Competing in the market as a product isn't how I think Bitcoin is run right now. That could change of course, but its not likely to for a long time if ever. Yes he might, there was recently a thread on the Bitcoin Discussion board about this. Bitcoin would incorporate features that are noteworthy to its cause in the future(so no anonymous features, but mini-blockchain would def be on the list) Given Satoshi's original writings on Bitcoin you would think that anonymity would be considered noteworthy to Bitcoin's cause.  No, Bitcoin is being pushed as a very transparent, open system,. Privacy features wont be added to the bitcoin core, its all 3rd party(like darkwallet, mixing/coinjoin sites/services, stealth addresses), which sucks because as we've seen, there are A Lot of scammers in the bitcoin world and the owners of darkwallet and many mixing services for bitcoin could be/are corrupted as well. |
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Simply, any coins are are Bitcoin forks, will fail. Anything noteworthy on an altcoin, like mini-blockchain, Bitcoin can/may incorporate in the future, leaving said altcoin in the dust.
Seconded - 99.9% of the "features" out there can be incorporated into Bitcoin's codebase in a heartbeat. Stealth addresses from the genesis block on (an important privacy aspect) are one of the few things they can't do, not without a roll-over to a new genesis block with all outputs being reissued to stealth addresses computed from existing privkeys (read: practically impossible). For everything else, there's MasterCard Bitcoin. You two really think that Gavin et al are ever incorporating any major features that are found in an alt in to their 8 billion dollar baby? If it's not something that solves a direct threat or major problem with Bitcoin I would put my money on 'never'. Or at least not in the next 5-10 years. Everyone always says it would be easy to for Bitcoin to do xyz, but in reality even the simplest things are bogged down in politics. That's not to say that the Bitcoin's devs aren't doing a great job at what they set out to do: Develop a stable codebase. Competing in the market as a product isn't how I think Bitcoin is run right now. That could change of course, but its not likely to for a long time if ever. Yes he might, there was a thread on the Bitcoin Discussion board about this. Bitcoin would incorporate features that are noteworthy to its cause in the future(so no anonymous features, but mini-blockchain would def be on the list) |
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Simply, any coins are are Bitcoin forks, will fail. Anything noteworthy on an altcoin, like mini-blockchain, Bitcoin can/may incorporate in the future, leaving said altcoin in the dust.
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Is OP joking? The highest temperature in that screenshot is 77 degrees Fahrenheit, which isn't that hot...
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António Franco Alexandre has an IQ of 195 and studied advanced mathematics at Harvard in the 60's. He has not yet been ruled out from being Satoshi Nakamoto, the creator of bitcoin. Here is one link for his thesis in Philosophy. It is in Portuguese. http://www.centrodefilosofia.com/uploads/pdfs/philosophica/11/8.pdfNote that at the end, in the English abstract, he uses the word "genesis". Can you find any other easter egg like this one? Can you please stop with this "Finding Satoshi" Bullshit! It's really fucking annoying when all the threads you read on the Bitcoin Discussion are about "Satoshi's real identity". He's already been found, You geniuses don't honestly think that Gavin,Theymods, Roger Ver, and the previous owner of this forum, don't know who/what Satoshi is? And people lie, I wouldn't be suprised if the person/people behind Satoshi revealed himself/themselves to Gavin, but swore Gavin not to tell anyone and deny it. |
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Satoshi Nakamoto is as common in Japan, as is John Smith common in America/Europe
Bitcoin is open sourced, it's code has been reviewed by 10's of thousands of cryptograpers/coders over the years and continues to be reviewed, Satoshi was not a coder, but a cryptographer.
The website for the "CIA Group" claiming to monitor government activities looks like a 5 year old designed it, which makes me to believe that that group is probably pulling a prank.
I am wary of Bitcoin myself(due to it's limited features), but that article is complete bullshit, and anyone can clearly see that Satoshi was not a CIA/NSA Operative, Lmao.
One of my past theories was that, Satoshi is the codename for the Bitcoin project, given so by the U.S government(military).
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Litecoin offers nothing over Bitcoin, thus it is irrelevant, and the market has decided its death. Down from $40 to $5, and going down 3% every day.
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I think this day and age the question should be why is anonymity not so important to you. With all these devices on the open market that have the ability to surveil people without their knowing. Does privacy concerns mean you have something bad to hide? For me it is only something I like to have as an option if I find my privacy is not being respected. Consider it preparation for an uncertain future.
Very true. Even google changed their ToA, to state that they have the right to see user's emails/inbox etc. |
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litecoin devs are not serious, may be its the devs who are dead killing the coin hoooo, ah
True true. |
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FPGAs are utterly slow on memory hard Stuff, take a look at scrypt and an FPGA with enough Logic Cells to fit the PoW on is expensive. So like for Scrypt we will prolly see ASICs on the Market directly, FPGAs aren´t suitable for that from a cost/speed ratio. There are tons of GPU miners outside, mining Darkcoin, Vertcoin or whatever, why do you think a lousy 2 Mhash increase (we were already at 20+mhash before) in hashrate involves "magic"  ? A single big GPU farm could do that. botnet... botnet my ass, the largest confirmed botnet only had 20 cpus...32 bit cpu gets 0.1 xmr per day. |
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I agree with Dank on one thing however, Love overpowers all. Never stop loving Dank. There are people in far worse situations than homelessness out there.
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Bitcoin is not anonymous, at all. Simply put, there are programs out there and in the making, that track every address associated to a designated Bitcoin address, and can interlock transactions between other known addresses of exchanges etc, to find the identity of the user if she/he cashes out via subpoena.
There goes Bitcoin's pseudo-anonymity.
You can choose to be relatively anonymous. If I had 30 different addresses in 30 different wallets filled with BTC mined through p2pool, how would you even know those addresses belonged to me? Anyway, the reason anonymity is important is because my financial transactions are nobody's business. That's true^, but for the average bitcoin user, they believe that it is already anonymous, and they wouldn't think to do something like that(30 diff mining wallets) |
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In relation to Litecoin
That's just some noise. Crypto currencies are supposedly here to change the world, then, you should look at yearly performance, that has more relation to changing the world than a few days/weeks of noise price fluctuations. Very True. Litecoin is at 0.012 again, it's price is getting lower and lower, can't be sustained. |
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https://bitcointa.lk/threads/bitcoinexpress-max-keiser-proof.291361/ I have just come accross this news BitcoinExpress is Max Keiser.
BitcoinExpress was defending Max keiser on the Max coin fail, saying Max didn't have anything to do with the coin fail/scam and that the developers used/gamed Max.
When I spoke out against Operation Shitcoin and asked why they DDOSED me he said that's what you get for going against Max Keiser. In reference to a thread I previously made asking why Max had any more credibility.
With him protecting Max at every turn and basically having the same personally as Max but on bitcointalk.org and through other sources I determine BitcoinExpress is Max Keiser.
cryptopaths, Mar 29, 2014
#1
and then !!!
Okay you got me, I openly admit I am indeed Max Keiser.
~BCX~
I thought Max Keiser was Come-from-Behind..? |
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Spoetnik is ingrained with the Alt Coin scene. If I didn't see his name/posts around here, it wouldn't feel the same.
I propose Spoetnik.
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To investors...please dont expect drk to rise more than 40-50% after rc4 release. Any high price predictions will only lead to dissapointment and greed may even cause you to dump. DRK is here for the long term, it will have slow steady growth because of new buy support forming after each rc version.
So keep expections realistic, buy into a masternode or share a node and remain patient because best things come to those who wait.
I expect a 10,000% increase after RC4 with darkcoin. |
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PoW transitioning into PoS over a # of years(5-100 years?), is the absolute best way.
100% PoS= Shit, they aren't currencies, real currencies are used for one thing only, the transfer of wealth. PoS coins are like Toys.
Threads that have 100% PoS, are always ignored.
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