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1  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: I created CoinFinance.com. Now you can track all your cryptos on: February 20, 2014, 02:27:03 AM
By the way, how difficult it is to create such a website? I would like to learn to do it.
2  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: I created CoinFinance.com. Now you can track all your cryptos on: February 20, 2014, 02:25:30 AM
Thank you coinfinance, I have add my portfolio there just now, and find it very user friendly. Good work, keep it up.
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Small Bounty] Help me to setup Maxcoin qt for Window ? on: February 08, 2014, 04:34:31 AM
What is a daemon?
4  Alternate cryptocurrencies / Mining (Altcoins) / [Small Bounty] Help me to setup Maxcoin qt for Window ? on: February 08, 2014, 03:39:58 AM
Hi, I have no idea how to setup Maxcoin qt on my computer, can someone help me?
5  Alternate cryptocurrencies / Mining (Altcoins) / [Bounty] 2100 POT in exchange of mining Maxcoin on: February 05, 2014, 11:49:30 AM
Hi, if anyone can offer me a contract to mine Maxcoin for me, in exchange of 2100 POT?
6  Alternate cryptocurrencies / Marketplace (Altcoins) / [Bounty] 2100 POT in exchange of mining Maxcoin on: February 05, 2014, 11:41:03 AM
Hi, I am no good in mining, but I have 2100 POT, whoever can offer a contract to mine Maxcoin (starting in 8 hours or so) for me, I shall give him my 2100 POT in exchange. Any offer?
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][MAX] MaxCoin on: February 05, 2014, 10:50:25 AM
Hi, could someone do a 24 hours mining of Maxcoin for me , for a fee?
8  Alternate cryptocurrencies / Altcoin Discussion / Re: The Scharmbeck 'Stock' Dilemna on: February 01, 2014, 12:47:36 AM
Thank you for your timely post, there is a paid content writer on Twitter(I suspect he is) who is doing a promotion for this Sharmbeck share things, and I almost got sucked in. By the way, on Cryptostock we can buy Cryptsy shares too, I quite like this company, and would not mine to own some shares.
9  Local / 山寨币 / Re: [ANN] NEM: NXT 的后代 - 总量40亿 - 股份人人平等 on: January 29, 2014, 01:13:12 AM
I am in.
10  Local / 山寨币 / Re: [FRSC]联储币正式开放源码.发钱包地址,送2014FRSC...Q群:94479366 on: January 28, 2014, 11:46:44 AM
LR2YKwGxePiEnBBNHpa769PLVzDeGKDUu1

Thank you.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: [GIVEAWAY] PotCoin Giveaway 100 pot on: January 26, 2014, 01:22:39 AM
PGRekAM6LtPRajhcSBkhgB29nmiaHRMdd5

Thank you for 1 POT.
12  Alternate cryptocurrencies / Altcoin Discussion / QR code for all your Cryptocurrency on: January 25, 2014, 11:33:20 PM
Hi, here is a link for all of your QR code for all of your Cryptocurrency : http://www.wolframalpha.com/widgets/view.jsp?id=dbe99818c3b2e453bc03e6fd610d2596
13  Alternate cryptocurrencies / Altcoin Discussion / POTcoin, anyone? Going cheap. on: January 25, 2014, 09:11:26 AM

OFFICIAL POT COIN MARKET PLACE (self.potcoinmarket)

submitted 1 day ago by sevoqueHead Poncho - stickied post

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3

ILL BUY 1.5K POTCOIN FOR .015 BTC (self.potcoinmarket)

submitted 3 hours ago by opctrading

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3

Watch out for bakedric3 (self.potcoinmarket)

submitted 4 hours ago by andreitudor

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.:: WTS 2000 POT for 3.5LTC ::. (self.potcoinmarket)

submitted 3 hours ago* by time_dj

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[WTS] 1,500 POT for .05 BTC or 2 LTC (self.potcoinmarket)

submitted 18 minutes ago by Squid8697

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1

[WTB] 1k PotCoin for .1 BTC (self.potcoinmarket)

submitted 2 hours ago by pajama_shaw

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I will buy 1500 potcoin for $50 paypal (self.potcoinmarket)

submitted 2 hours ago by king_donk

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WTS 5k to cover costs of marketing coin (self.potcoinmarket)

submitted 9 hours ago by goodsmash

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0

[SS] Personal pics of me for coins Smiley (self.potcoinmarket)

submitted 2 hours ago by KristiFORCoins

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1

WTS 1k PotCoin for 20k Doge (self.potcoinmarket)

submitted 3 hours ago by pootisdispenser

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[WTS] 1.7k POT Coins for Paypal or Other Alt Coins (self.potcoinmarket)

submitted 7 hours ago by Fruitilicious

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2

[Selling] 100-1000 Potcoin - OBO (self.potcoinmarket)

submitted 8 hours ago by doomsby

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Selling 40k Potcoins for 2.5BTC, or smaller orders @ .1BTC per 1k POT. (self.potcoinmarket)

submitted 5 hours ago by ny2cafuse

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[WTB] I'll buy what you have immediately for 1k POT @ 0.01 BTC (self.potcoinmarket)

submitted 6 hours ago* by bakedric3

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[WTS] 2.5k Potcoin (self.potcoinmarket)

submitted 6 hours ago* by NoPozerPunk

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[WTS] PotCoin trying to order more miners from TigerDirect (self.potcoinmarket)

submitted 7 hours ago by emfyo

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[WTS] 18K Potcoins (self.potcoinmarket)

submitted 11 hours ago by csshih

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[WTS] Getting rid of my pot! 1180 potcoin for 0.06 BTC to the first person who gives me an offer. =D (self.potcoinmarket)

submitted 11 hours ago by gheissaverre

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[WTS] 2,000 Potcoin for 0.175 BTC (self.potcoinmarket)

submitted 12 hours ago by Battleroid

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[WTS] 3000 POT for DOGE/BTC (self.potcoinmarket)

submitted 8 hours ago by narcosis219

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[WTS] 2k POT for 0.1 BTC/40k DOGE | 5K POT for 0.2BTC/80k DOGE! (self.potcoinmarket)

submitted 18 hours ago by HighLifes

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0

[WTS] 2000 POT for 0.1 BTC (self.potcoinmarket)

submitted 13 hours ago by kfj43

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[Selling] 15k POT for very good price =) (self.potcoinmarket)

submitted 13 hours ago by sevoqueHead Poncho

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14  Alternate cryptocurrencies / Altcoin Discussion / Re: In depth analysis of NXT on: January 25, 2014, 09:09:11 AM
This is the best NXT review I have ever read.
15  Alternate cryptocurrencies / Altcoin Discussion / In depth analysis of NXT on: January 25, 2014, 09:08:10 AM
http://cryptolife.net/in-depth-analysis-nxt/

One of the things I’ve received the most requests for is an article about NXT. Billed as the “descendant of bitcoin”, it has set some pretty high expectations for itself. Does it live up to them? Let’s find out.

I’ll start with one of the most essential elements: security. Bitcoin addresses are 34 alphanumeric characters. NXT addresses are 20 numeric characters. The difference might be made more apparent when I show you the total number of possible addresses for each:

BTC: 1461501637330902918203684832716283019655932542976
NXT: 18446744073709551616

Address collisions with bitcoin are all but impossible to occur. With NXT, they are much more likely. Now to be fair, NXT supposedly has some sort of built in protection, such that if a passphrase generates an address that is already in use on the network, it will inform you that you can not use it. That’s great and all, but it only solves half the problem.

One of the littler known things about bitcoin is that addresses have varying levels of security, depending on how they have been used. In order to receive bitcoins, all you need to expose is your address. Your public key is not exposed until you decide to spend coins from that address. Now that the public key is known, the address becomes less secure. This is the reason why it is recommended that an address be used only once. Note that “less secure” still means “secure enough” for right now, but that could very well change going into the future. Because only an address needs to be known by the network, it allows us to do cool things like generate offline paper wallets, which are the pinnacle of secure storage.

NXT doesn’t have this luxury. If you were to generate an offline address and send coins to that address, you do not have explicit ownership of that address. Someone could come along with a passphrase that has a collision with yours, announce his public key to the network, and then have explicit ownership over your coins. This means that to claim ownership over an address, you are forced to expose your public key to the network. As mentioned before, doing this decreases the overall security of that address. You just can’t win. NXT is inherently less secure that Bitcoin. It is a total step backwards in that department. Also worth mentioning is that Bitcoin addresses have a 4 byte checksum that prevents you from sending to an invalid or incorrect address. NXT addresses do not.

Now let’s talk about block generation. The method NXT uses for block generation is radically different than bitcoin. Essentially, the system cycles through all known stakeholders, and if that stakeholder is online, they can generate a block. There are some built in protections, but this implementation is not entirely invulnerable against Sybil Attacks and DDOS attacks, two of the most basic types of attacks.

Since NXT is a pure proof of stake cryptocurrency, there was the matter of the initial distribution. This is the most damning factor of it all, and why I think NXT is not even worth consideration. NXT was the first of the “IPO coins” that we’ve seen so much of lately. This IPO had a lot of issues surrounding it, and closed earlier than initially stated. In total, 23 BTC was raised, and 1 billion NXT was distributed amongst ~70 investors. Amongst these ~70 individuals, the top 10 held 50% of all NXT. This makes it the most centralized and unfairly distributed cryptocurrency ever devised. These individuals each command tyrannical power over the price of NXT, and due to the low market depth, could crash the price on a whim.

With a current market cap of 87000 BTC, NXT is currently trading at a staggering 3,800,000% more than it was initially offered for. This immediately throws up red flags, and reeks of market manipulation. There’s currently 1 billion NXT in existence, and the majority of these are being hoarded by the initial investors. In reality, there’s probably well under 100 million NXT that have been introduced to the market, and even that’s being generous. This means that the price is artificially high, and can easily crash down to zero if an initial investor decides he wants out. In that sense, all the initial investors are playing a high stakes game of Chicken.

How high can the price go before one of them decides to cash out? We’ve seen it happen once already. It’s taken weeks, but the price has finally started to recover. I foresee another dump in the not too distant future. You’ll notice a few individuals over at bitcointalk pushing NXT extremely hard. Make no mistake – these are the initial investors, and they have a lot to gain at your expense. They’ve essentially turned 23 BTC into 87,000 BTC. The caveat is that they need to find enough people to dump onto.

I’ll close this off by saying that there is no such thing as “investing” in NXT. It is better described as gambling. You are gambling that price will go higher before an initial investor decides to dump. Frankly, I’d rather play satoshidice.

PS: The third round of Cryptolife Premium slots are now available.

16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [OFFER] Nxt to NEX - Exchange one Nxt to 50 NEX coins - LIMITED! on: January 21, 2014, 10:50:32 PM
FrictionlessCoin, my question is, if more and more people begin to know that they cannot move their LXT in or out of Bter, wouldn't the price collapse soon?   
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [OFFER] Nxt to NEX - Exchange one Nxt to 50 NEX coins - LIMITED! on: January 21, 2014, 09:44:10 PM
OK, 10,000 NXT from me. Is it possible to increase the stake when need be?
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [OFFER] Nxt to NEX - Exchange one Nxt to 50 NEX coins - LIMITED! on: January 21, 2014, 09:24:43 PM
I am a member of both Nextcoin.org and Nxtcrypto.org, I feel that the members there are not happy, even this trading begins at Bter.com, this recent high price, nobody cares to post there,as if there is nothing happens. There is no happy mood, like the DOGE fans, people are happy. Not the NXT people. Very strange.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [OFFER] Nxt to NEX - Exchange one Nxt to 50 NEX coins - LIMITED! on: January 21, 2014, 08:44:53 PM
I agree with FritionlessCoin, NXT is good, it is a better coin than BYC/LTC and all the others, but it has problems, it is not user friendly, no client, no wallet. So a better clone need to be created. Please tell me what to do beside making a promise here.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [OFFER] Nxt to NEX - Exchange one Nxt to 50 NEX coins - LIMITED! on: January 21, 2014, 08:36:32 PM
Hi, I do own some NXT, and I am convinced by by Frictionless guy, though I do not understand most of it. Anyhow, I am in, or am I too late? Please tell me what to do in layman term.
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