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 Questions (GOOD questions) are welcome. See you! Peace.
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Think twice. It not in their interest to attack bitcoin. Millions worth of hashpower they own, they will do everything to protect against 51% attack. Why are you affraid? 45% and rising. If it forks, price will drop like a turd, no doubt about that. It would be in anybodies interest who is short the market. And I'm not afraid, I'm actually looking forward to it. I think you wait for something that will not happen. They had close to 51% multiple times before...
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Think twice. It not in their interest to attack bitcoin. Millions worth of hashpower they own, they will do everything to protect against 51% attack. Why are you affraid?
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Simcoin is fine, people keep thinking the name is the only thing that sells something, yeah if i needed to create a new coin that was a clone of say black coin, i would need to create a name that would help and manage gathering a bunch of fucked up retards into 1 room screaming this is the next blackcoin , how would i achieve this.....simple call it white coin. then people who are focused soley on the name of the coin and have no more than 3 brain cells to rub together will instantly think....."omg black coin mades loads of monies, white coin is the same as black coin yeashhhhhhh"
Simcoin is selling simplicity and what promotes the adoption of a technology by the mass population? oh yeah simplicity , making it so easy to use a chimp could use it is what give any technology an advantage , especially considering 90% of the population are of the same intelligence of chimps. the majority of the people in this forum don't count technically they are still early adopters of a young technology and can at least use it, but try to explain bitcoin to your "average" person, how it works and how you use it, 2 weeks later they still not going to have a fucking clue. so yes simplicity is what sells technology and provides for mass adoption which is what every single crypto currencies main goal is .
simcoin also may bring to mind to some people "simulation" , which this pretty much is. an experiment placed onto the masses to see if they accept it. If they do the price goes up.
Now even considering all of this , plus the dev explaining more than once that if another name was suggested that made everyone think, yes that is perfect! then he would likely change it. Still there is someone stating the name needs to be changed without offering up any suggestions himself..........thus adding further proof for the need of simplicity in a world full of chimps in clothes
Reading your post history i have a strong feeling you are one of those chimps that made a bunch of people rich in less than a year. Be it with rig rental or direct investment in currency. All i wanted to give a new perspective: if you get enough funds MAYBE its a good idea to watch out for a branding company. Normally, the better ones, don't work with chimps. Good luck  . To the dev: i really wonder whats the difference between Facebook likes and your simcoin idea?
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Good luck then - I have no issues with LTC, PPC, NMC or any alt. I don't mind if BTC will be the only one someday too nor if another one will take it's place.
I am here to use these coins to make more USD - some of these coins have their uses and I will use them (Ripple is fast, NXT has the Asset Exchange, an anonymous coin is always useful etc.)
Still haven't seen the coin that I will BELIEVE in it.
But I dare to say that I am more open minded for exactly the reasons I mentioned and don't have illusions about any coin.
Easy come easy go for all of them...
“It is natural for man to indulge in the illusions of hope. We are apt to shut our eyes against a painful truth, and listen to the song of that siren till she transforms us into beasts... For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth, to know the worst, and to provide for it.”
Not a single decentralized currency will succeed eventually. Case one: THE currency "succeeds" until it is widely enough accepted/inflated and governments realize they have no choice than to forbid. Case two: its never going to be mass adopted because the lack of trust in decentralization and the fact neighbors can sneak-peak in your wallets whenever they want . Case three: quantum computing ruins everything sooner than we wish. Winners realize its all illusion before the siren goes off, probably somewhere around 2050, and already have enough basic knowledge to understand each currency so far is just like playing with fire.
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When trying to find a suitable, LONG TERM, name you should consider: it best have a meaning, should be easy to pronounce in most languages, easy to remember and in best case, no association with other words or bad feelings.
Except "association with other", Simcoin satisfies all of them  Honestly, I don't think names are all that important. That's another kind of bikeshed issue. Language is flexible, I posted examples before. The essence is what's important. If people can use Rechtsschutzversicherungsgesellschaften, they can use Simcoin  Ofcourse, but Rechtsschutzversicherungsgesellschaften are all about the Euro's :0. I am sure most people won't feel confident buying simple coins and needs much more explanation than necessary. It would be like "simple pc security" or "simple online bank". Beside, SIMcard, SIMsons, the SIMs and probably more associations that would harm the original, great, intention. Really, if you can make your idea work, this is what people are waiting for. I can imagine a SIMCARD (like the bankcard/creditcard) pay terminal next to visa's, with no difference in transaction speed. But o, which Simcard? Your new project is about a simple to use system, security, speed, groundbreaking tech. The "coin" (i rather call it a digit since coins are not virtual) is not even SIMple. Its just between the ears. A name to describe your coin best would be GENiousprotocolwhileeasytousecoin. "Cobbler, stick to thy last"
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For the name; if you want something making sense, long term, play with Erga Omnes. I think if you make the first acceptable (thus simple) digital currency made for mass adoption, its worth considering a name with great care. Even, when enough funds raised, i would rather advice to hire a specialized company to do so. Sim (simple) i guarantee you WILL do harm to your currency. There are too many reasons to describe.
In my simple opinion the Chinese did it perfect, although i wouldn't advice for international adoption. RMB/Renminbi > peoples money. While still sounds logical.
one RMB, hundred RMB, million RMB. one Renminbi, hundred Renminbi, and so on. many rmb's many renminbi's
Other real life currency (Fiat) USD > Dollar > Dollars Euro > Euro > Euros Rub > Ruble > Rubles GBP > Pound > Pounds
When trying to find a suitable, LONG TERM, name you should consider: it best have a meaning, should be easy to pronounce in most languages, easy to remember and in best case, no association with other words or bad feelings.
Till today, i cannot find a virtual currency that has a name suitable for mass adoption. The first simple/safe* coin with a simple yet logical (don't want to argue about whats logical) name will break trough more barriers than most people can imagine.
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ok im pumping this! lets rock and roll fellas im at 70k so far  70K omg!!!! Well, the force is with you  Haha, brute force attack. You know, this time i dont even bother i didnt invest, this is so funny. Im not sure where funny comes into play For me its fun to watch all liquidity dissapears from drk, xlb, nearly every coin with some liquidity. After the traders are done, they walk away with so many BTC and come back when the fools want to get fooled again.
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To all you people thinking about selling, I bought XC at 1140 Satoshi and I haven't sold a single coin. Carry on and HODL
this is madness  i always miss the good pumps... bought in at 150k now............hope its still worth my 0.3 btc  I am curious: for you 100% gain is like 25000% gain for early investor, 2200% for people invest last days. You really think you can double your money soon, or are you in for the long term? Doubling those would be enough to me.. lost so much with this shitty sync when it went to POS and unfortunately with blackcoin which i liked very much.. I hope you double your money, really. I hope he does too hell yeah, made already 10% loss on this one at actual price rating  don't make me go crazy, maybe you can tip me some XC XWh48CJts1GJTHVY6jhy1km9CUemfhSPRP I missed the launch on this one, but if i had them, i sold them 10 times already  .
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Hi,
You have a lot of time and know what to look for but have no (or a little) money, fear investing or need some extra capital?
I am looking for people that: -often are on the right place on the right moment (new POW coins, mining first hours or days) -often discover trends (Doge, BC, AUR, MAZA, CINNI, etc) -often receive insider information
Send me a PM if you think you are the right person! I have enough money and willing to share in profit (10>15%) for the right information!
I made a bit of money since oct last year and want to spend my time other ventures. Don't contact me if you intend to deliver shit, i will recognize and both loose time! Looking for long term cooperation!
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Ik zou nooit belasting betalen over bitcoin via box 3. Het is alleen handig zoiets te doen als je er echt iets groots van wilt kopen zoals een auto of een huis. Dan maar die 1.2% erover maar dan het je het wel helemaal wit op je rekening staan. Voor kleinere bedragen is het compleet nutteloos. Gewoon je overschrijvingen bij verkoop onder de 10k per maand houden en er is niets aan de hand. Officieel 15k maar ook verdachte bedragen daaronder moeten gemeld worden. Wat verdacht is bepaald uiteraard de bank... 15k per maand uit het niets toveren vinden ze denk ik wel een beetje dubieus.
Je kunt ook goud kopen en het zogenaamd als 'kunstobject' bewaren (lol). Dan is het ook belastingvrij en je hoeft het niet eens op te geven. Maar dan moet je er natuurlijk maar net zin in hebben van de ene belegging over te gaan op de andere.
Verder kun je altijd nog een deel 'groen' investeren zodra je boven de ~21k komt maar daar heb ik geen ervaring mee.
Jij zou accountant moeten worden  .
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How to distribute a coin so that it reaches the most people and becomes distributed evenly?
The options we have are based on POW or POS with ensuing distribution of coins by either pure mining + economic activity (ie. selling buying coins for goods and services) or by giving them away selectively by making use of bounty programs, give aways + economic activity. Are there any other conceiveable strategies to distribute the coins evenly and at the same time incentivizing improvement of the coin ecosystem? How good do those practices work in practice? Are managed distributions, like bounty programs better then market based distribution that give coins away for successful services or public fund raisers?
Pls discuss and share your ideas!
I would say something in the middle (pow/pos). Use POW with limitations for distribution. If there is a way to lock each device in terms of kh/s (computer/laptop/asic) at least there is a bigger chance for fair/equal distibution. This also would make a 51% attack harder i think. Probably a different blockreward system could help with this. Instead of a single fixed block every x seconds for the lucky one, there should be multiple blocks every x second. Example: 1 block per 60 seconds per user, eventually with halving. The more "users", the more rewards and the faster pos starts. When the set amount is reached (it is now user independent instead of time independent) pos starts.
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