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1  Other / Archival / Re: [VSC]Visacoin:Born for circulation--based on BTC-Gold--Project start on: January 04, 2014, 11:49:51 AM
This stuff makes me just mad though. Basically people are working their asses off and trying to create something, and in the end they would probably would've earned way more by just pulling scams. There is nothing about art in "con artist" - I mean just take a look at the discussion, at the whole makeup of this damn thread. Is it actually that easy to scam people? Dude, I can't believe it.
Visacoin, get a PGP key and unless something is signed by you, it's made by another scammer.
In the end, you better send your money to visacoin and no impersonation of him so that this can go on for a little more; I really try to find amusement and not just resignation in these events.
Sorry for anyone that has too much money and too less of a clue Sad
Also sorry for the rant but wtf...
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Nxt source code flaw reports on: January 04, 2014, 01:22:18 AM

Wow... busted for having a very conservative crypto currency proposal?

Well, no NXT, Mastercoin, Dogecoin,  SexCoin, Lottocoin, Quark etc.  

I guess I'm only interested in mature proven solutions.

Ok... let me conjure up an agenda since you seem hell bent on finding one.  I am creating a NXT fork.


Lol, litecoin is nowhere near mature (incentive in the first place? nothing than profit) or proven (scrypt) and while I see some serious issues with nxt yet I am ready to bet it'll survive litecoin.

Also, your (1) and (2) are quite the same. And if you give it a few days, I guess we'll be able to anwer that.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Nxt source code flaw reports on: January 04, 2014, 12:35:39 AM
Hello,
though my understanding is yet limited I think it's continue and not break because it will just ignore the currently processed transaction and go on with the next one. IIRC the part you quoted is from the part where it walks the transactions and thus it needs to go on with the next one even if the current one can be dropped.
Anyway, thanks for correcting me already CfB Cheesy
4  Other / Beginners & Help / Re: ASIC Miners on: January 03, 2014, 07:33:00 PM
Hello,
source for BFL being a scam? They had some very bad business practice sometimes, but AFAIK they actually delivered?
Also, blockerupter IIRC, but it's not worth the investment imho anyway.
Good luck!
5  Other / Beginners & Help / Re: Cloud mining at CEX.io question on: January 03, 2014, 07:22:56 PM
Basically, for the average small scale investor (<10k USD) it's never worth to invest in mining, in my opinion.
However, buying the ghash/s on cex.io is still the cheapest and most comfortable way if you want to mine.
Still, you won't make any profit usually. Here's why:
a) People buy Ghash/s on cex.io and the price rises a bit
b) The bitcoin difficulty rises according to the purchases on cex.io since they add hashing power obviously
c) you'll thus mine less than before, thus the price people want to pay per ghash/s is lowering
d) you now have your mining profit, but a lower price per ghash/s and a lower future revenue

The only thing that would offset this is a rising Bitcoin price, but if you think the bitcoin price will rise it's obviously better to just buy bitcoins at the current price than to mine them.
Mining is only profitable under certain circumstances (special hardware, which not anybody can obtain, or free electricity).
Basically, if you don't have anything to offer that a lot of other people have as well, don't bother (albeit, that goes for every investment, but especially for mining).

I don't know why people don't seem to get it, it's simple logic but yet they don't understand. Please point out whats so hard about it.
Thanks a lot for reading, bye.
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