Bitcoin Forum
June 23, 2024, 01:37:26 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Re: Is it profitable buying and selling USB miners? on: July 07, 2014, 12:53:19 AM
dont think so.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Kora::100% POS|Qora Clone|Free & Fair ~3k users|issued NXT AE asap on: June 24, 2014, 03:38:35 AM
Free coins everywhere¡¡

I am in ¡¡¡¡

 Grin Grin Grin Grin Grin
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 19, 2014, 04:04:39 AM
could anyone send me some TESTNXT.

thanks¡¡¡¡¡




8217863271174057695


 Grin Grin Grin
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin vs Litecoin vs Doge vs Quark vs Peercoin vs Namecoin on: February 16, 2014, 05:52:37 AM
NXT, best group of devs. and community.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Ethereum: 2nd gen cryptocurrency with contract programming, "dagger" hashing on: January 23, 2014, 02:54:33 AM
Pretty messed up seeing people discussing Ethereum on here from the point of view of "coin and profit," instead of "platform and possibilities." I guess it's mostly the same newbies that still see Bitcoin as just a coin/commodity to invest in, and not a financial platform to develop on top of. Personally, I would invest 20BTC in things like BitMessage and OpenTransactions, despite their "coins" themselves not having any value, just because the possibilities they offer as platforms are enormous! I will be investing in this as well. Not because of the possible return on the coins (though I suspect that will still be substantial), and not even because of the initially proposed technology (which, as someone pointed out, is similar to some other coins out there), but because of the team involved. Ask any top VC out there. They don't invest in ideas, they invest in people. It's also why Bitcoin will always be top coin, despite other altcoins constantly coming out with little fixes here and there. The quality, and quantity, of people working on it is way superior to any other alternatives.

<rant>
As for PoS, I really hope Ethereum doesn't take that route. PoW "decentralizes" the act of securing the currency from the currency itself. With PoW, I have a choice to either invest in the currency itself by buying it directly, OR invest in securing the currency by using it to buy mining hardware. There is also absolutely nothing to prevent a new miner from entering and competing with others, regardless of how many coins others hold. As a wealthy coin holder, I can't prevent a PoW miner from coming in and continuing to enforce rules on how I can spend my coins. The most I can do is spend some of my coins to buy some hardware and join him.
PoW I think you meant POS, on the other hand, incentivises, and in fact directs, the flow of money to one or few people, since you invest in "mining" by holding the coins themselves, and continue to increase your wealth by having those same coins collect even more coins. Threat of 51% in PoW is quickly resolved by having miners switch pools and redistribute themselves. Threat of a 51% in PoS can't be fixed by having mining wealth redistributed. Worst case end-game scenario in PoS is wealthy PoS miners continuing to accumulate wealth until they get a majority of the stake, while allowing users to become more and more dependent on their PoS coins, then the wealthy few pool their resources together, create a single, completely controling PoS stake, and change the coin to do whatever they want, including causing it to inflate. If you think PoS owners will be incentivized not to inflate away their wealth, think again. Central Banks around the world are PoS systems, and they do just that, printing more and more to buy up more and more assets, while letting those they sell their inflating money to pay for the inflation.
</rant>

To me, POW is such a waste of resources, we are spending millions on resources to mine BTC, it doesn't seem like the direction we should continue heading as the world struggles with limited resources.  The amount of power wasted mining BTC is absolutely atrocious.  Regarding your concerns with POS, read up on Transparent Forging.  POW is completely susceptible to corporate control, look at the mining pools, you are close to 51% with Ghash.io alone.  Meanwhile I'm forging Nxt right now on my RasPi.




+10
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: January 21, 2014, 07:56:45 AM
cashing out at new high is unavoidable Smiley)

Agree. I'm going to sell a few nxts when we hit 1 NXT = 1 BTC.




7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: January 21, 2014, 05:21:14 AM
Look DGEX is almost empty. Few NXT for selling.


 Shocked Shocked Shocked


8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: January 20, 2014, 10:57:52 PM
I have an idea....

the common enemy....

lets all blame nexern because we have no client Cheesy

Engage.....


Pin

I miss your tutorial youtube videos¡¡¡¡¡¡

thanks pin¡¡¡¡¡
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: January 20, 2014, 10:33:26 PM
My friends and trading colleagues asked why I chose to invest in Nxt so I made a video to explain the 3 main reasons I think someone should invest in NXT:

http://prisonorfreedom.com/3-reasons-why-you-should-invest-in-nextcoin-nxt/

Tai Zen


Nice video Tai, thanks for your support¡¡¡
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: January 20, 2014, 04:48:01 AM
If you want to get more users, and more media attention, when you have the amazing client of "nexern" , I would make the biggest GIVEAWAY ever on Bitcointalk. 1.000.000 NXT with the "unclaimed funds" of CfB

200 NXT each user, so they could use and see the amazing coin we have. We could get a lot of users, and we could take away all the FUD that we have.

thanks.

Its a good idea in general but it shouldnt be done through giveaway on the forum. It would be exploited by giveaway thread scammers. The way to do it would be a faucet giving away inordinately generous payouts and a lot of promotion to make sure that as many people as possible knew about it before hand. Captchas can not be gamed. It would be a really fair way to get a lot of nxt widely distributed among a lot of people. I wouldnt even be adversed to giving the whole 9 mill away like this. Do it in a couple of rounds so that word spreads from the first round so that you have even more participants in the second and third. This would generate a TON of buzz and a lot of involvement.

It should be better with bounties, but it is just to get attention and for a better distribution of the coin.

Thanks.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: January 20, 2014, 04:23:33 AM
If you want to get more users, and more media attention, when you have the amazing client of "nexern" , I would make the biggest GIVEAWAY ever on Bitcointalk. 1.000.000 NXT with the "unclaimed funds" of CfB

200 NXT each user, so they could use and see the amazing coin we have. We could get a lot of users, and we could take away all the FUD that we have.

thanks.

They could see the amazing coin we have even with 10 coins each.


Yes, but everybody is claiming that the IPO was not fair. With a big giveaway we could save this problem.

Just my opinion.

thanks.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: January 20, 2014, 04:14:30 AM
If you want to get more users, and more media attention, when you have the amazing client of "nexern" , I would make the biggest GIVEAWAY ever on Bitcointalk. 1.000.000 NXT with the "unclaimed funds" of CfB

200 NXT each user, so they could use and see the amazing coin we have. We could get a lot of users, and we could take away all the FUD that we have.

thanks.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FLC :: The new FrictionlessCoin + NXT Giveaway! on: January 20, 2014, 04:03:20 AM
I am in¡¡¡¡

thanks¡¡¡



15102163984272448525
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEXX :: descendant of NEX :: descendant of NXT - IMAGINE MORE FAIRNESS! on: January 19, 2014, 09:58:47 PM
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEM :: descendant of NXT - 4 billion coins on: January 19, 2014, 03:43:05 AM
 Grin Grin Grin


I join the train before it goes to the moon¡¡¡

16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: January 19, 2014, 03:30:09 AM
Good luck with this. I purchased some NXTs in an exchange and tried to install the wallet. Talk about unintuitive. I sold them back. Maybe this will turn out alright for you all, but right now NXT makes Bitcoin seem user-friendly.

I am new too, and I installed it with no problem. I am not a PC master.

Just Read, this is new so please be patient.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: descendant of NXT on: January 19, 2014, 03:11:51 AM
Interesting¡¡¡¡

of course you have my interest.

I love NXT, but I think 100% PoS should be given for FREE and the developers should keep about the 25% of the coin, to develope it¡¡¡¡


THANKS¡¡¡¡¡



 Grin
18  Alternate cryptocurrencies / Altcoin Discussion / Re: 150 Nextcoins For Helping Install Nextcoin Wallet on: December 29, 2013, 02:30:15 AM
just follow this video:


https://www.youtube.com/watch?v=ps9QkRzVOic

19  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Trading Thread for Nxt :: Descendant of Bitcoin on: December 26, 2013, 06:32:12 PM
buy

200,000 NXT for 16 BTC    0.00008

thanks.
20  Other / Beginners & Help / finally i have registered myself in BTCTALK on: December 26, 2013, 08:16:33 AM
Long time looking on this forum, and at the end i have registered myself.

Thanks for all.


 Cool
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!