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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 30, 2015, 03:07:05 AM
This thread is so dead when compared to how it used to be. I guess that's a reflection of bitcoin's price movement or lack of. There doesn't seem to be enough media news / price volatility to make this thread half as fun as it used to be.

I miss the bears vs bulls cult we used to have here, rockets, moon landing gifs etc Grin

Even NLC is gone now.

Ingredients must be gathered before the pot can be stirred.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HIVE POW/POS | HIVE Algo | No Premine | CPU mining | Takeover |ReLaunched on: September 29, 2015, 06:56:27 AM
Lol geez you guys really this desperate?Before you say anything dev let me reiterate.Don't fucking hide behind a newbie account.You want to relaunch this fine but whothefuk are you?Its already proven this is a hacked Crypto it dont matter what you do or say nothing is going to change except the fact that moorE desperate dumbshits are going to get sucked in.PLEASE STOP!

If im wrong im wrong PROVE ME WRONG lets see some ID how about it? any proof of who you are? I can run a background check on your ass in 20 minutes since this coin was hacked I think thats what we should do.


People remember proof of developer don't get screwed anyone and anything to do with this scam should be banned and buried in fact I ask that this topic be locked



You talk as if anyone looking at the thread is a paralyzed animal.. Sounds like you should take your issue up via private message.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Re: [AXIOM] AxiomMemHash, Schnorr Sigs Implemented, APOS 3.0, AXH 2.0 Proposed on: August 29, 2015, 06:46:58 PM
face it, this project is at a total standstill.

Original dev vanished, PR manager has been silent as well.

There MAY have been interest from an outside dev, but with no (public) response from the PR manager, interest died.
Community takeover was mentioned, but again, without ANY word from someone on the original team, interest died.

Would probably be best to stick the proverbial fork in this coin and call it a day.

IF there is interest and support for the AxiomMemHash algo from the community, make a new coin instead of trying to beat this dead horse back to life.

The entire premise of this coin was to be GPU resistant.  From the ANN: "Acknowledging the private GPU miner problem".  It failed at it's core purpose.  Within days there were private GPU miners.  There is not a private GPU miner problem.  That problem has been solved by using algorithms that have public GPU miners available.  This coin that was supposedly intended to solve the "private GPU" problem actually created it's own "private GPU" issue by not releasing a public GPU miner.  I find it odd that they could come up with this algo but not a GPU miner when many others were able to develop a GPU miner.  It doesn't add up.  That's why I believe the coin was launched with a private GPU miner from the beginning.

If all this coin has is an algorithm that failed to accomplish it's core purpose then it's failed.  What are the benefits of using the AxiomMemHash algorithm?  There still isn't a publicly released GPU miner.    

There are some problems with this though maybe. First the efficiency when translated to a gpu is minimal. If there way to make gpu mining completely obsolete you probably would see it by now, right?. Second, what I just said may be wrong, as in, without knowing how optimized the cpu miner is compared to what it could be, its kind of hard to make statements like that, no? A cpu miner might be able to be optimized much further, further than a gpu. I don't think its a simple copy paste when translating something to be hashed with a gpu. Are you a miner developer? I am just saying in thought that another coin with this algo may still have some merit, but maybe this will too. Dev might just not have anything to say at this point and is still working on things, but I don't really care because I have written this off already.

edit: On top of that the ongoing pow and pos continuously seems like it could be a good hashing solution. There are not many coins that continue a pow into the pos phase. That kept me interested more than anything I suppose.

The efficiency doesn't necessarily matter.  While these CPU only coins are chugging along with people using their I5''s, some guy comes in with a GPU miner getting 300% more hashrate and is running four or more cards on multiple rigs.  He is going to have an advantage.  He might not even be paying for electricity because he's still living at home with his parents.  Those coins typically all get dumped as fast as they are mined before the hype wears off the coin.  A 300% advantage is not minimal and in the early stages of a coin it is highly advantageous.  

The efficiency does and doesn't matter which is obvious. From what has been shown by developers (maybe double of a 6 core i7 at double the power consumption), the efficiency is minimal, so it does in fact matter, and there is no way to argue around that? Again without being a experienced miner developer you have no way of stating that there is an inherent flaw in the hashing of the algo. You obviously weren't here in the early stages because there was no significant hashrate early on, despite the fact of there not being a 300% advantage once gpu miners did come around.

As for releasing a gpu miner, if you were a developer mining the coin with gpu's, why release it? Just so difficulty can go up more? There were gpu miners offered, but no one wanted to pay, because cpu's were within the same efficiency.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Re: [AXIOM] AxiomMemHash, Schnorr Sigs Implemented, APOS 3.0, AXH 2.0 Proposed on: August 29, 2015, 04:33:32 PM
face it, this project is at a total standstill.

Original dev vanished, PR manager has been silent as well.

There MAY have been interest from an outside dev, but with no (public) response from the PR manager, interest died.
Community takeover was mentioned, but again, without ANY word from someone on the original team, interest died.

Would probably be best to stick the proverbial fork in this coin and call it a day.

IF there is interest and support for the AxiomMemHash algo from the community, make a new coin instead of trying to beat this dead horse back to life.

The entire premise of this coin was to be GPU resistant.  From the ANN: "Acknowledging the private GPU miner problem".  It failed at it's core purpose.  Within days there were private GPU miners.  There is not a private GPU miner problem.  That problem has been solved by using algorithms that have public GPU miners available.  This coin that was supposedly intended to solve the "private GPU" problem actually created it's own "private GPU" issue by not releasing a public GPU miner.  I find it odd that they could come up with this algo but not a GPU miner when many others were able to develop a GPU miner.  It doesn't add up.  That's why I believe the coin was launched with a private GPU miner from the beginning.

If all this coin has is an algorithm that failed to accomplish it's core purpose then it's failed.  What are the benefits of using the AxiomMemHash algorithm?  There still isn't a publicly released GPU miner.    

There are some problems with this though maybe. First the efficiency when translated to a gpu is minimal. If there way to make gpu mining completely obsolete you probably would see it by now, right?. Second, what I just said may be wrong, as in, without knowing how optimized the cpu miner is compared to what it could be, its kind of hard to make statements like that, no? A cpu miner might be able to be optimized much further, further than a gpu. I don't think its a simple copy paste when translating something to be hashed with a gpu. Are you a miner developer? I am just saying in thought that another coin with this algo may still have some merit, but maybe this will too. Dev might just not have anything to say at this point and is still working on things, but I don't really care because I have written this off already.

edit: On top of that the ongoing pow and pos continuously seems like it could be a good hashing solution. There are not many coins that continue a pow into the pos phase. That kept me interested more than anything I suppose.
5  Bitcoin / Pools / Re: BITMAIN announces Antpool on: August 26, 2015, 06:12:06 PM
It's call variance and it's normal
No, its called manipulation and making bitcoin look bad.
6  Alternate cryptocurrencies / Mining (Altcoins) / Re: Time to Switch from Eligius on: August 20, 2015, 12:07:40 AM
XT is just a good way to get cheap coins in the end of things, so first of all thanks for the cheap coins.. Obviously right? My knowledge is limited, but I am surprised that something like XT can even be committed in the first place. The fact that there isn't an adaptive acceleration algorithm put in place is sad I suppose. What else do you think will happen? Blocks can't stay at the same size forever obviously. I am sure there is drama to the situation right, but is it real, is it just synthesized? This is literally a babystep. Everything I have read about this situation is fudded to shit and is different than the other things. Practically a joke and anyone that dumps coins to push price down further, in the purest sense, is an idiot. Sure, price can go down to 175, 150. Is it a problem? no. So many ways I could approach everything on this topic as I am sure most people could, but in the end its just a waste of energy, unless of course you happen to be Gavin. I just want to say, again, that XT getting pushed is a complete joke and an insult to everyone in this community. I am not saying that some of the things XT represents are necessarily incorrect, but  the context and a whole bunch of other associated things are just botched. I don't know who to directly thank, but thanks for clusterfing bitcoin.

And regarding eligius, I really like the pool and honestly I have more faith in luke, wiz, at this point more than anything else probably, although I wish I had more experience to integrate with my biases.

edit: I am buying dash periodcally just in case someone screws with it too much
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: August 12, 2015, 01:55:11 PM
Can Suchpool lower DASH fee to .25% or .5%, and maybe temporarily 0%??.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: August 11, 2015, 03:01:58 AM
icebreaker, this is someone's project they can do with it what ever they wish lol... if it forked for a reason after launch oh well man.. you act like this thing is giving you nightmares until it crashes and burns. yea its a forum etc.. but you take it a bit far don't you think? maybe you are payed to fud i don't really know, but wow do you really ruin the thread for anything else other than your own intentions. You should really stop, don't really want to say anymore than that.. maybe they need to change some things so individuals can get banned per thread idk.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: August 08, 2015, 04:17:33 AM
I will be adding on the way down.. more to masternode tech than appeared valued imo and development is there to build on it. gpu's still performing well, instantx just getting started, and plenty of room to the upside. exchange delisting really holds little relevance..
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Re: [AXIOM] AxiomMemHash, Schnorr Sigs, 8/3 Status Update, AxiomPOS 3.0, AXH 2.0 on: August 03, 2015, 10:11:17 PM

So please tell me what I am up to ? because as far as I am concerned, I am just trying to make sure people don't get scammed.

I am sorry my "undying drive" is fueled mostly by the amount of scam which have been around for most of the time I have been around.
Every coin is the next big thing... blah blah blah... except we know it isn't true and many people already lost 1000's of btc in scam and false hope coin.

This is the way it is, like it or not.

The coin was heavily mined buy a couple of large miner (20kh/s on suprnova) and that wasn't even gpu (got the confirmation by the authors of the gpu miners) and this right from the start so lets call that "your team"  Grin
Then, the reward in less than a week goes to mostly nothing, which means the largest fraction of the coin has already been mined and goes mostly to those 2 large miners and into instamine..
Meaning the difficulty never even had time to stabilize than the coin distribution was mostly already over, so basically your coin is flawed from the start and never even got the chance of any fair distribution amongst miners.



Lol... Roll Eyes

You were the first person out of anyone to claim scam coin on the merit that you had some inside knowledge that the dev was from another coin which was completely false. You have been debunked multiple times and yet you keep coming back for more lol.. just get out. If the coin doesn't interest you then leave and go post somewhere else. Your arrogance is clouding your ability to understand that others have the ability to comprehend words and read the thread. They don't need you posting in big red letters scam scam and then crap posting the coin so that it makes everything harder to sort through, that way when someone new comes along all they see is djm34 blah blah blahing about the coin. There was no heavy mining early on; the hashrate expansion was slow and there was no instamine, the coin probably had already been launched for about 6-8 hours before 10k/h's was hashing on suprnova, and it was after the first cpu miner was released (and difficulty was already up quite a bit). Keep posting and keep getting shutdown.  Cheesy
11  Economy / Economics / Re: A currency based on nothing is doomed to fail. The US Dollar is this currency. on: August 02, 2015, 02:39:08 AM
Fail thread

 Cheesy Cheesy Cheesy

12  Other / Politics & Society / Re: China Wants To Rewrite Global Internet Rules on: July 31, 2015, 02:29:00 AM
I cant figure out the underlying bias behind some of these things, other than a few irrelevant specific things. Just briefly thinking however. This direction is quite confusing and counter intuitive from my own opinion, if someone could comment that has any idea or more insight please share. Also this seems very vague and misleading.


What you wrote is nonsensical. It is a purée of words... Did you copy paste this from a random text generator? Very vague and misleading. Indeed!

 Grin Cheesy Grin




you must be irritated i am posting. what i wrote is beyond elementary..  you definitely quoted the wrong person given your troll esque way of communincating. I could easily post something however in english that is perfectly sensible, but maybe not to you  Cheesy
13  Other / Politics & Society / Re: China Wants To Rewrite Global Internet Rules on: July 30, 2015, 04:07:24 AM
I cant figure out the underlying bias behind some of these things, other than a few irrelevant specific things. Just briefly thinking however. This direction is quite confusing and counter intuitive from my own opinion, if someone could comment that has any idea or more insight please share. Also this seems very vague and misleading.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: July 29, 2015, 03:26:03 AM
This will dump on release more than likely beware
15  Economy / Economics / Re: Bitcoin or gold? on: July 20, 2015, 02:26:12 PM
If you are going to buy scrap metal at least buy silver.. although copper (not a scrap metal) is better than both imo
16  Economy / Economics / Re: Banks Suck on: July 18, 2015, 04:25:10 PM
I may be wrong but I think Saxobank actually caused people on the correct side, even from early on, of the CHF market huge losses, when the central bank removed the floor. Anyone know otherwise?. I think this happened with a few LP's, but not really sure. If true though, just shows you how shady some of the players really are..
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2015, 05:01:44 PM
ron paul makes a good point why bitcoin would not be a good replacement for the failing 'in god we trust' to print and manipulate dollar, he says: "On reason Greece has been forced to seek bailouts from its EU partners is that Greece ceded control over its currency when it joined the European Union." http://ronpaulinstitute.org/archives/featured-articles/2015/july/12/greece-today-america-tomorrow/

bitcoin would be just like the euro.. it would not work. only a metals backed currency will work as a replacement for the broken dollar 'interest to infinity' debt slavery system.

here is a scenario that bitcoiners could possibly face.. as the dollar is about to be replace during the "big block of cheese day" when all the cheese is turned into cheesecakes the cheesecakes will be worth less in the new currency. it will be the same for bitcoin because bitcoins will be priced in dollars but dollars will be worth less in the new currency. therefore bitcoins will receive the same haircut as those people who have their cheese turned into cheesecakes.

i still own a lot of bitcoins and i do not believe it will just die... but i no longer believe bitcoins is going to suddenly become some worldwide reserve currency and we are all suddenly going to be buying boats.. the state of Texas is building a gold depository, and not a bitcoin depository... they are demanding their gold from the fed. we will be able to trade metals for bitcoin and vice versa i am sure, but it will be metals that have the huge value more than bitcoin.

Things will not go suddenly.
We are already having an 8 year journey (publicizing of the whitepaper)

But I wish you good luck sending gold through a wire Grin


like i said, we will be able to trade our metals for cryptos... and i believe we will trade our metals for A LOT of cryptos ... we can trade our metals for the new metals backed currency at a depository and buy cryptos from an exchange just like we do today. by using a metals backed currency we are not limited by an unconstitutional cashless society.

But what benefit would (monetary) metal have compared to crypto? I only see downsides and own both.








metals will ALWAYS FOREVER be worth something.. while paper (bonds, stocks, etc) and computer digits can go to zero....

"Paper gold" market is rigged. There is far more gold on paper than there are real gold bars/coins etc.
Gold coins being traded 'on the street' will get inpurities/weighed down with time, we've tried that before.

Good luck with metals.


yes.. for now. because the central banks are buying and hoarding metals atm.. the point here is you guys think bitcoin is going to be the replacement currency for the failing usd and suddenly we will all be buying boats... in my scenario: when the usd finally fails there will be a bank holiday and capital controls, a new currency will be rolled out that will be metals backed. the old fiat usd will be exchanged for the new currency and our bitcoins will be revalued in the new metals backed currency. .. we wont be buying boats by holding bitcoins .. instead we will take another huge loss like many of us have during the big pump and dump .

we wont be trading 'gold coins' on the street. we will trade our metals into a depository for the new metals backed currency. and we will trade our bitcoins for a lot less of the new currency than what they are worth in fiat dollars today. we're going to take a haircut just like holders of fiat usd. you are betting that bitcoins will replace the fiat "in god we trust" for the fed to print and manipulate dollar and it's not going to .

The USD will ultimately be a stable functioning currency, no need to even regard context for anything because it is irrelevant. It is an unneeded, fundamentally flawed argument to better a bias.  It is other countries that may have disrupted currency systems for one reason or another. Gold is an outdated, misrepresented, manipulated, over-saturated, and falsified asset.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2015, 10:36:38 AM
"Hey, wait a minute. Isn't Eurogroup just pumping and dumping Greece? How in the world can Greek government accept this deal that is even worse then before the referendum.
I think the world is getting tossed around and this week all can still change.
The Bitcoin dump is purely moves from speculators. Good that some hot air went out.

Euro is now drunk with success."


-Yes, and too many falsely thinking that the euro is now the greece/usd, but now just more things to front run
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2015, 08:33:04 AM
bear flagging on the one minute looks like 265 is in the works
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2015, 08:02:26 AM
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