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1  Alternate cryptocurrencies / Altcoin Discussion / Re: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World! on: January 24, 2015, 12:15:36 AM
Man, you're still pumping this shitcoin? Give it a fucking rest already. This is just sad and depressing to see your name pumping this thread up 40 pages and one full year later. I get that you put all of your investments into it and you think that pumping it up on here every single day is going to give it value, but it won't. Move on to something bigger and brighter already.
2  Bitcoin / Bitcoin Discussion / Re: I'm fucking out. bitcoin will be over soon..confirmed. on: January 19, 2015, 08:25:42 PM

It's because they don't really believe in it. If they did, they would just let it sit, and wouldn't bother watching the price at all.

That's why they're all in here, pumping it up like a penny stock and eating and believing their own shit.

I'm seeing a lot of denial here; an enormous amount of denial. You need to face something; Bitcoin has no use in the civilized world. I pay with cash or credit for everything. If a business doesn't take credit, I don't even frequent it. Considering the hurdles with accepting Bitcoin, mass adoption seems as likely as never. It's already been how many years now?

If a government can just ban Bitcoin, then you can never expect it to succeed either. Just look at what happened in Russia: Their currency has plummeted to a third of what it was a few months ago, yet the Russian people didn't all flock to Bitcoin. They weren't allowed to, and it wasn't seen as a viable alternative. Cyprus proved Bitcoin's legitimacy, Russia proved its worthlessness.

You need to stop talking about this shit like it's going to keep going up forever. Dogecoin parodied this mentality exactly: "To da moon!". A strong, steady decline like what Bitcoin has experienced is reminiscent of the VCR, or any technology, rather. Face it, Bitcoin is a technology. Even if cryptocurrencies were to succeed on a regular, nonblack market, it wouldn't be Bitcoin that succeeds.

I say face the reality. A truly rational person wouldn't feel the need to come in here and try talking about how everyone not investing in Bitcoin is an idiot. If they believe in it, then what others do wouldn't matter, and they wouldn't need to check the price constantly. That's all. Good luck to you all, I don't feel like this industry has any merit any longer. It feels like when Tamagotchi's went out of style. Maybe this will have more success in ten years.

As long as bitcoin is capable of storing value, and transferring that value from person to person, then bitcoin still has merit.

The value I perceive in bitcoin is not measured by it's price. Also, this not an industry, this is a new form of currency. If you are looking at bitcoin as a way to make a living then maybe you've got an incorrect perspective. Bitcoin is an innovation of the way money works. We are only 6 years in, if you told me in 2011 when I first heard of bitcoin that it would trading for $197 in the year 2015 I wouldn't have believed you. When bitcoin was at $3, what we have now seemed utterly impossible.

If I could somehow erase my memory of bitcoin soaring to $1200 and just new that from 2011 when I first heard of bitcoin it went from utter obscurity and trading at $3 to approved by the US Government as a viable currency, acceptance on Overstock.com NewEgg.com Dell.com TigerDirect.com Microsoft and Paypal and trading at $197, i'd say HOLY COW bitcoin has really made a lot of progress in just 4 years!

If you first heard about bitcoin when it was selling at $1200, then all you have ever experienced is a slow decline in price. In reality, the price has risen tremendously in 4 years. It's gone from $3 to $197 and people are complaining that it no longer has any merit!?

The merit of bitcoin is in it's utility. The infrastructure still works, transactions are still able to be made, value is still able to be stored, central authority is still unnecessary. All of the merit of bitcoin is still intact. 10 years from now all of the merit of bitcoin will still be intact. 20 years from now all of the merit of bitcoin will still be intact. 50 years from now all of the merit of bitcoin will still be intact. What do you think it's just going to disappear? We have invented a superior monetary system and we are all just going to pretend that we didn't?

Of course it will take time to catch on, just as the internet did. My parent didn't get the internet until it was on their phones for christ sake. Six years after the internet was invented it seemed pretty bleak too, but give it time. Six years is not even giving it a chance to succeed. If after 20 years bitcoin hasn't caught on then maybe you're right, but right now I think all you see is a downtrend in price and that has got you down.

When I first heard of bitcoin, all I heard was that it was useless and going away. It just crashed from $30 all the way down to $3 and everyone was in a panic and declaring that this industry no longer has any merit. Well they were wrong. The merit of bitcoin has nothing to do with the price. All of the merit of bitcoin is still and there will continue to be there as long as transactions can be made and value can be stored. Period.

I predict another price rally, then another crash, then another rally, then another crash. And predict that one day the price is going to crash all the way from $14,000 down to $1200 and people are going to cry that bitcoin is dead, and this industry does not have any merit any more. And you know what I'll be doing? Trading as many Federal Reserve Notes as I can into bitcoins every month regardless of what the price is at. If the price is low HURRAY! cheap bitcoin! If the price is high HURRAY! my bitcoin is more valuable!

The price is ultimately irrelevant. My brother is going to college in another state. If he asks me for $5 for lunch money what am I supposed to do? Call my bank and wire him some money? Or just click a button on my phone and 2 seconds later he has 24 mBTC in his wallet. What if he is on vacation in mexico? Should I Western Union him some money or just click a button my phone and two seconds later he has the money and there's no charge. If I have a website that sells good should I pay a 3rd party a transaction fee every time one of my customers purchases something or just get the money directly as if it was cash by using bitcoin. How difficult is it buy something on Overstock.com using bitcoin? No more difficult than entering my name address phone number credit card number expiration date and security code to buy something using a credit card. There is no reason to believe that more and more businesses will begin to accept bitcoin as well.

The only people who are affected by the price and declare that bitcoin is dead and dying because of the price are people who are trying to make money off of money. Bitcoin was not created to make people money. Bitcoin was not created as a get rich quick scheme. Bitcoin was not created as an industry. Bitcoin was created as a new improved form of money. As long as bitcoin is capable of storing value, and transferring that value from person to person, then bitcoin still has merit.

Hey, thanks for a reasonable, rational response.

I see all these things, but again, I don't think bitcoin will be the specific cryptocurrency that succeeds. On a day to day basis, not enough people are wiring enough money abroad to find a use in this stuff. I do think, however, that it will have utility in inter-planetary trade, especially when quantum entanglement makes interplanetary transactions a reality. That day is far off though, and so I think that you can expect Bitcoin to remain where it is today for quite some time. I would hold more in Bitcoin if I could use it in as many places that took credit (like Starbucks, or a deli).
3  Bitcoin / Bitcoin Discussion / Re: I'm fucking out. bitcoin will be over soon..confirmed. on: January 19, 2015, 06:59:02 AM
In regards to businesses accepting BTC, if you're not still in the dark ages you'd realize how far BTC has come and where it is accepted. List them for me is your next homework assignment. ty

Oh lord, Russia is constantly proving it hard for citizens to buy bitcoin at reliable places and furthermore to hold which is why this talk about them is materializing. It ain't banned as u know.

And there you go like some luddite talking about that which you do not know. Crap, you brought a freaking VCR into your argument. And to complete the line, don't ever talk about Bitcoin with dogeshit ever again in the same sentence if you expect to be taken serious anywhere near this watering hole.

Looks like I hit a nerve. Bitcoin and dogecoin are exactly the fucking same. Perhaps less businesses accept Dogecoin, but until the infrastructure is in place for the majority of cryptocurrencies to be accepted, they're all shit. To call me a Luddite is ridiculous. Bitcoin, as are all cryptocurrencies, is a technology. And to think that the very first cryptocurrency made is going to be the one that succeeds, even in the medium to long run, is just silly.

We are in times of abundance now. The dollar is extremely strong and it's not going anywhere. It would take a literal disaster scenario for Bitcoin to really recover. Keep in mind that the majority of the free world has heard of bitcoin by this point. There is no more 'going viral' for it. Those bubble stages are GONE. They are over. And yes, many businesses are accepting Bitcoin, but what to do they do as soon as they get it? They cash out. Not only does this increase pressure on driving the price down, but it exhibits Bitcoin's poor viability. They don't keep their assets in Bitcoin, and they can't because the price is so damn volatile, and it always has been. By the time any cryptocurrency takes off, it won't even be Bitcoin that succeeds. Keep in mind that the exponential take off in quantum computing strength over the next few years will render Bitcoin's wallet public key protocols invalid.

Let go of your earthly attachments to your beloved digital tokens.
4  Bitcoin / Bitcoin Discussion / Re: I'm fucking out. bitcoin will be over soon..confirmed. on: January 19, 2015, 06:17:25 AM
I don't understand why bitcoiners watch the price so much.

It's because they don't really believe in it. If they did, they would just let it sit, and wouldn't bother watching the price at all.

That's why they're all in here, pumping it up like a penny stock and eating and believing their own shit.

I'm seeing a lot of denial here; an enormous amount of denial. You need to face something; Bitcoin has no use in the civilized world. I pay with cash or credit for everything. If a business doesn't take credit, I don't even frequent it. Considering the hurdles with accepting Bitcoin, mass adoption seems as likely as never. It's already been how many years now?

If a government can just ban Bitcoin, then you can never expect it to succeed either. Just look at what happened in Russia: Their currency has plummeted to a third of what it was a few months ago, yet the Russian people didn't all flock to Bitcoin. They weren't allowed to, and it wasn't seen as a viable alternative. Cyprus proved Bitcoin's legitimacy, Russia proved its worthlessness.

You need to stop talking about this shit like it's going to keep going up forever. Dogecoin parodied this mentality exactly: "To da moon!". A strong, steady decline like what Bitcoin has experienced is reminiscent of the VCR, or any technology, rather. Face it, Bitcoin is a technology. Even if cryptocurrencies were to succeed on a regular, nonblack market, it wouldn't be Bitcoin that succeeds.

I say face the reality. A truly rational person wouldn't feel the need to come in here and try talking about how everyone not investing in Bitcoin is an idiot. If they believe in it, then what others do wouldn't matter, and they wouldn't need to check the price constantly. That's all. Good luck to you all, I don't feel like this industry has any merit any longer. It feels like when Tamagotchi's went out of style. Maybe this will have more success in ten years.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 28, 2014, 09:40:42 PM
We can start development of a mixing service without artos.

It would really benefit us to have his assistance right now though.

He'd better wisen up in that regard. Ultimately there are going to have to be some people that he trusts in the community, or this won't move.
6  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Cryptedge - First Operating Altcoin Hedgefund and Evaluation Service on: January 28, 2014, 07:34:59 PM
Still same error..

Forbidden

You don't have permission to access /login.php on this server.

Additionally, a 404 Not Found error was encountered while trying to use an ErrorDocument to handle the request.


Alright. Our host is being very uncooperative, and we are working on moving to a new one soon, as we have not had these issues before with other accounts, nor has our host previously been so unwilling to resolve errors.

In the meantime, we have removed login restrictions from the coin evaluation request form. Fire away.
7  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Cryptedge - First Operating Altcoin Hedgefund and Evaluation Service on: January 28, 2014, 04:04:02 AM
You will have to register first, as well as confirm your email:

https://cryptedge.com/register.php
8  Alternate cryptocurrencies / Marketplace (Altcoins) / Cryptedge - First Operating Altcoin Hedgefund and Evaluation Service on: January 28, 2014, 03:16:32 AM


Hello BCT community and guests.

Cryptedge is currently in the process of recruiting investors for the first operational altcoin hedgefund.

We are a firm dedicated to awarding our investors with buying power in future crypto-economies. We use a system of analytical tools that is unique only to the cryptocurrency world. Our goal is to provide our investors with opportunities in cryptocurrencies that they otherwise would not be able to attain.

As we have just opened our doors, we are offering a free coin evaluation sample for new signups. Feel free to give our website, www.cryptedge.com a try.

We are open to suggestions and criticism, and plan to use this thread as a means of promoting and developing our website, as well as responding to the community at large.

We appreciate your feedback.

Thanks,
Cryptedge
9  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] WWW.BUYPTS.COM :: Protoshares giveaway! on: January 26, 2014, 06:41:07 PM
PrD8Prp82YU3KDysoxfZ1pvbnbmERR6y1w

Thank you very much!
10  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN][POOL][GIVEAWAY] StablePool.net Launch! StableCoin Mining Pool. Free SBC! on: January 26, 2014, 08:08:36 AM
Do you think you could add this script to turn it into an SBC autopool, or give it SBC autopool functionality?

https://github.com/lenormf/watchcoins

So that stablecoins can be acquired more efficiently and its supporters can acquire more?

sWfHF1t9bpxUj4JbZiJdUqEnvFAjGXXsdM
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 24, 2014, 07:38:08 PM
In other news, the SBC reddit now has over 300 subscribers  Grin
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Invictus Innovations ProtoShares Cheat Sheet | CPU Mining on: January 23, 2014, 09:08:33 PM
Quote
Total coins: Around 2 million, with 1% inflation after 2 years

My guess is that there will be 20,000 coins mined in the 3rd year, 20,200 in the 4th year and so on.

More interesting what will get BitShares PTS (aka ProtoShares) owners, read here: http://www.invictus.io/bitshares-pts.php

It's will be 2 million of ProtoShares at the end of this year, today, as you can see 1,367,768 PTS already mined:
http://coinmarketcap.com/mineable.html


It seems like neither of you really know for sure. This is important to know, because it determines if PTS is partially Proof of Stake or not. It also determines if it is to be held as a store of wealth (if and only if holders are encouraged to hold for 2 years) or not.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Invictus Innovations ProtoShares Cheat Sheet | CPU Mining on: January 23, 2014, 07:38:10 PM
Something needs to be clarified here. Is the 1% inflation after 2 years only received if you've held the share in the same wallet for 2 years, or are all shares inflated by 1% after 2 years?
14  Alternate cryptocurrencies / Altcoin Discussion / Re: -- The Riddle of the father and son - Who Was, is and Will Rule the World! on: January 22, 2014, 08:57:49 AM
Okay, coming back to this thread:

I am confused how the OP could struggle for hours to figure out a riddle that he made up himself.

Secondly, there is a general lack of understanding among the cryptocurrency community which permeates this very thread.

Money is not a store of wealth. It's a means of exchange. To try to use it for anything except exchange is misuse, and only hurts the currency.

Which is exactly what is happening with ixcoin.

1. No services
2. No liquidity
3. Little spending.

Low numbers was a mistake with bitcoin, btw. The only thing you're betting one is the complete success of bitcoin, and honestly, doge looks like it has more prospects.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 20, 2014, 08:31:40 PM
Thanks for posting artos.

We don't need daily updates. Those who are sticking with the coin will do so no matter what.

Just an update once a week or so, a few sentences, would be nice.

A few thoughts on the proposed Proof of Privacy transaction processing system posted in the forums would be nice as well. We just need a few words to work with to market the coin.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 20, 2014, 01:27:13 PM
I'm starting work in the backdrop, but there is no way I would release it before giving the original dev fair chance and warning.

I really hope artos won't abandon the project again, but in case it happens... will you be able to finish the coinmixing before zerocoin comes out?

To be honest, I can't make any promises.  I'm really not sure and it is quite a daunting task, especially for someone unfamiliar with the codebase...  I may be a good programmer but I never pictured myself in this boat, lol.

All I can promise is my best work, and hope it never has to be used...

Maybe you should make a thread calling for assistance from other devs if you eventually feel things are coming down to the wire. For now, all we can do is hold our breath.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 19, 2014, 04:12:44 AM
Why not a autopool that mines most profitable coin then converts it to SBC?

That feature along with the mixing service could be a recipe for success

I was actually suggesting something similar to this a long time back in other forums, but it wasn't done. This would drive up the value of the coin tremendously.

Any takers for the idea, guys?
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 19, 2014, 02:25:49 AM
I've been a promoter since day 1 dude.  ArtOS has the right to dissapear without announcing things once, but two times is a bit odd and does shake my confidence slightly.  Don't pretend it's a positive thing:  It's not.

As a programmer myself I know for a fact one can get lost in the code while working hard.  That's not an excuse to stop all PR entirely, however, for anything over 3 days.  We're way beyond that.  It's been what, a week?  Two?  It's getting scarily similar to what happened before, and that killed this coin.

It's at the point now where I have seriously considered trying to hard fork his work, and implement this feature myself.  I AM capable, and at least I'd talk to the community.  That said, it feels somewhat...  asshole-ish to fork someones coin by force.

Okay...well, that cat is now out of the bag. I was actually pondering proposing exactly this over the past few days.

However, I feared that the proposal alone would send the coin plummeting. Maybe it won't. Competing dev teams for the same coin is actually something that may drive its success. It shows that a real community truly wants it to succeed. And if we're going to start talking about it, we may as well start working it on the side. We need a contingency plan at this point, as, - previously stated - we cannot rest on one single person.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 17, 2014, 08:40:13 PM
This is what is referred to as weak hands getting weaker and strong hands getting stronger.  I've seen this play out many times  Cheesy

^^^^^which is totally reflected in the current SBC Depth graph on Cryptsy! Small group of green buys way over on left, big sea of red sells over the rest of the graph area. Not seen it that polarized before.

You think this indicates that someone in the know expects something big soon?
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 15, 2014, 09:42:29 PM
Nice amount of activity in the forums today  Grin
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