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The recent fork in BTC has made me wonder what is the best altcoin that is set up to handle lots of transactions should it become popular?
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Did Bittrex update it's website? I'm trying to login but the page looks different and I can't login.
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What are the best new coins and why?
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What is the story with Blackcoin these days. It's about number 25 on coinmarketcap, but the price seems sluggish.
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Is XC dead? The website has not been updated and the link to the forum on the website doesn't work. Did the coin get abandoned?
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Is anyone really going to want a blockchain network not backdoored by the NSA? Sure...you could use it for just about anything...but what good would that be?
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I bought some shares a little while ago in Digital BTC. Thankfully I sold half out, but am now wondering about the place of profit seeking companies in the Crypto space. I feel like I need to hear input from others who have opinions about this. And it's unusual for me to seek the opinions of others. :)But I want to seek the broader wisdom here. I did make a post here about Digital Bitcoins latest JV with Cryptsy. https://bitcointalk.org/index.php?topic=785613.msg8853876#msg8853876
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As someone who owns shares in Digital Bitcoin, and being someone who is not enthused about Cryptsy, I'm a bit disappointed by this. Would probably sell my Digital Bitcoin shares if they weren't down 9% today. http://www.digitalbtc.com/http://member.afraccess.com/media?id=CMN://6A691469&filename=20140917/DCC_01553559.pdfHighlights US$250,000 of digitalBTC shares, at a valuation of AU$0.30 per share, will also be issued to the owners of Cryptsy as part of the deal in order to further align the interests of both parties Cryptsy will actively promote digitalX Mintsy to its customer base of over 250,000 registered users, who currently trade over 200 different types of digital currencies, making the site a leader in digital currency trading. digitalX Mintsy’s revenue streams will include sales of cloud mining contracts, collection of fees on the trading of these contracts by users in a secondary market and the collection of fees from users connecting their own equipment to Mintsy’s pool Cloud mining contracts will allow users to lease mining capacity1 from digitalX Mintsy across a wide range of digital currencies digitalBTC will supply hardware and hashing capacity to power the mining contracts, offering a further avenue for the Company to monetise its mining equipment Beta product launch expected in the fourth quarter of calendar 2014 digitalX Mintsy will be available initially in four languages: English, Chinese, Russian and Spanish http://www.mintsy.co/Thoughts anyone?
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I was reading an article today.. http://www.forbes.com/sites/erikamorphy/2014/05/29/is-it-really-worth-your-while-to-use-bitcoin-to-pay-your-dish-bill/ ..which stated. In short, if and when consumers start using bitcoins for their everyday transactions on a widespread basis, they will find their paperwork burden increasing if they want to stay in compliance with tax laws. That, it turn, could temper their appetite for its use . But surely there must be a simple and cheap way to deal with this?. Bitcoin, with everything timestamped seem to me to be very accounting friendly. Is there much happening in this space?
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If they do then..do they have borrowing arrangements set up, as happens with say, shares? are they using clients BTC? I notice that on page 43 of the prospectus for http://www.digitalbtc.com/ it says. Digital CC trades or proposes to trade digital currencies by using specialised strategies which include arbitrage, buying long positions, selling short positions, futures contracts and market making at exchanges (Bitcoin exchanges are described below). http://www.digitalbtc.com/wp-content/uploads/sites/2/2014/03/Prospectus.pdf
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Does anyone try to keep track of, or estimate how many BTC are used in everyday transactions each day and at what rate that figure is changing? Or is that just too hard to do?
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Perhaps the biggest scam of all; happening every day, is exchanges allowing "market makers" to sell you coins in the hope of buying them back cheaper. If a value of a coin falls hundreds maybe thousands of people in the community lose, but one or a small handful make money.
Exchange owners allow "market makers", special privileges on their sites. These would include small or no fees and the ability to sell your coins out of the "hot wallet", hoping to buy them back cheaper.. There are at least 6 of these market making operations globally, who enjoy these special privileges. This came to light if it wasn't known before when an bitcoin company made a back door listing on the Australian Securities exchange. As a listing requirement they had to disclose the particulars of their business which included short selling crypto currencies.3. Exchange owners win, market making firms win, and the community loses.
You will see thins in various markets where "bots", computer trading systems try to drive down the price after already having sold short coins from the "hot wallet".
If this is not in our interest we need to stand up to them
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I'd like to start a discussion of Xivra, a newish coin that was birthed in Dec 2013. There has been no hype about this coin, as far as I can see, but the developers have some different ideas and some kind of plan going forward. January 24th 2014: a new webhost/domain registrant will be launched where Xivra will be a payment option. This web host will be in a beta/testing period until March. More info : https://www.xivra.com/webhost/January 2014: implementation of QR code within the Xivra client version 0.8.6.3 Jan/Feb 2014: Xivra will be listed on a 2nd exchange. February 2014: a brand new gaming portal will be launched where multiple games can be played, the initial games during launch will include poker and dice. Slots, craps, blackjack will be added during March-April. Poker includes daily poker tournaments with guaranteed prices and a bi-weekly multi million tournament. February 2014: Xivra.me will be launched, this will be a similar site as fiverr.com . Here you only will be able to pay and receive payments in Xivra . The price per job/gig will be XIV 10,000. February 2014: Xivra will be listed on a 3rd exchange. March 2014: several releases of the Windows and Mac OS client with different visual styling. April 2014: a complete new marketplace where people can buy and sell goods, using Xivra. 2nd half of 2014 : full 64-bit client, version 0.9.0.0 October-November 2014: a brand new range of high quality products will be launched, they are currently being developed and will only be made available through regular and online stores which accept Xivra. 2015: we aim to offer a minimum buy back price for Xivra in 2015, this to establish a minimum value for Xivra. This will be a fixed price against USD or CHF . 2015 and beyond: we think that the sky is not the limit with Xivra, being a fairly new crypto currency we can not disclose all of our plans and ideas as for many them we need to get legal advice and input from accountants/financial institutes. Has anyone here looked at this coin?
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maybe there is a place where simple questions like mine are answered? If so I'd very much appreciate being directed there. I looked on Wikipedia but still didn't quite get it. I can somehow buy bitcoins. Maybe with my bank or even paypal (though I understand there might be some issues with that). Then, I get something in my "wallet" whatever that is. Some sort of code, or a string of characters?
Is that string of characters my "bitcoin" or my security? How do i keep my "wallet" safe?
Thanks for anyone who can help.
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