Bitcoin Forum
September 18, 2021, 01:34:30 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] SMART - Low Quantity Fixed Supply Token on the WAVES Platform on: April 03, 2017, 07:33:06 PM

What is SMART?
SMART is an experimental token on the WAVES blockchain.

What is it For?

The initial primary purpose for SMART is to act as a token of promotional value.    

The token quantity is fixed at 171,300 and is based on an estimate of the total tonnage of gold in existence (estimated) in 2013.

The Asset Identifier is: 4xDfFdPorzNmB5w8p28Fs5z6fPMf4QKJGcxY3DWT9ugG - if a token does not have this it is FAKE.

My original aim was to give out SMART tokens to everybody who did something to promote or support the WAVES token.

However this is an experiment and ultimately people should use the tokens as they see fit.

Think of it as an economic experiment.  

I'm fascinated by the philosophical question of what gives an item such as a token or fiat money value.

SMART Airdrop
An initial airdrop (consisting of 50% of all tokens) was made to all holders of WAVES (excluding exchanges) on the 25 of March 2017.

I missed the airdrop, can I still get tokens?
Yes.  I will be manually handing out tokens to people who I feel have made a contribution to promoting WAVES and the WAVES platform.

Can I buy SMART tokens?

Not right now, although there is nothing to prevent someone selling them to you or an exchange from listing them.

I have some suggestions for SMART where can I post them?
Post them in this thread.

I believe person X deserves some SMART tokens what should I do?
Post your reasons in this thread. People trying to promote themselves or spamming with suggestions will be ignored though.

Isn't WAVES a scam?

I don't believe so but there are no certainties in cryptocurrencies.

How can I find out more about WAVES?
You can find the WAVES thread along with further relevant links here:

https://bitcointalk.org/index.php?topic=1387944.0

What is the meaning of life?
42.

I have another question that isn't answered here.  What should I do?
Post it in this thread.
2  Alternate cryptocurrencies / Altcoin Discussion / The RISE of ETHEREUM CLASSIC - A Black Swan Moment? on: July 24, 2016, 09:13:43 PM
Check it out here:

https://steemit.com/cryptocurrency/@thecryptofiend/the-rise-of-ethereum-classic-a-black-swan-moment
3  Alternate cryptocurrencies / Altcoin Discussion / How to buy DAO tokens the easy way using Bittrex on: May 08, 2016, 02:12:19 PM
I've been surprised at the number of people who keep asking about how to buy DAO tokens so I thought it might be useful to start a new topic about it.  If you are not technically minded or have not recently updated your MIST wallet and don't want to wait for it to update the Bittrex DAO page is a quick and easy way to do it.
Before starting you will need to have some ETHER.  ETHER is the currency used to purchase DAO.  The easiest way to get it is in exchange for Bitcoins and you can do this directly on any exchange (including Bittrex).  At the initial price you get 100 DAO tokens for 1 ETHER (https://daohub.org).

A) Transfer Ether to your Bittrex wallet (if it is on another exchange or in your MIST wallet).  If you don't have a bittrex account you will need to make one first. (https://bittrex.com)

B) Once the Ether is in your Bittrex Ether wallet you can go to the Bittrex DAO page (https://bittrex.com/balance/dao).

C) Click on the generate address button to generate your DAO address (Step 1) then enter the amount and click on the transfer button (step 2).

D) Confirm you want to withdraw your Ether to the DAO creation address (enter your 2fa code if required) and wait up to 30 minutes.
 
E) After a while the number of DAO tokens will be listed on the same page under where it says Step 3 "Validate your balance".


Important Notes:

-If you are really wary or unsure try going through the process with a small number of Ether.

-You can do it as many times as you like during the DAO creation period using the same address. Just remember to go through the steps as above (except for Step 1 on the DAO generation page as you only need to do this once).

-You will always need to send your ether to the regular Bittrex wallet first then use the Bittrex DAO page to transfer it. You can't just send directly to the DAO creation address.

-You won't be able to trade DAO or move it from Bittrex until the DAO creation period is over (28th May 2016 at the earliest).

-For more information on the dao go to: https://daohub.org
4  Bitcoin / Bitcoin Discussion / THIS Proves Craig Wright Created Bitcoin and is Satoshi Nakamoto on: May 02, 2016, 09:53:34 PM
Apologies if this has been posted before but if you want REAL proof this youtube video proves it:

https://www.youtube.com/watch?v=H2euMNmsb_s

Don't believe it?  Watch it and you'll understand.
5  Bitcoin / Development & Technical Discussion / Bitcoin needs to move to POS. Thoughts? on: April 29, 2016, 06:55:57 PM
I know it sounds like heresy and I know this is a bit cheeky but I think Bitcoin should move to POS (proof of stake) for mining rather than POW (proof of work).

I think that there are a number of reasons this would be beneficial but the main one would be a reduction in the huge amount of energy wasted in mining - I think many of us have seen the recent bad press in this regard and it is only going to get worse. 

It would also allow mining on much lower level hardware and might reduce the pressure to sell (from miners who have to cover costs).

I certainly think it is an interesting thought experiment for discussion regarding the pros and cons.
6  Alternate cryptocurrencies / Altcoin Discussion / SMAC is a different kind of cryptocurrency - Here is why. on: May 08, 2015, 07:08:38 PM
SMAC (Social Media Advertising Coin) uses social media accounts to raise advertising revenue and then buy back coins at the market rate to facilitate growth in value.

The first buyback (about 6 BTC) has already occurred successfully and resulted in a near doubling of the value. With only about 600,000 coins in total this is set to skyrocket as more and more buybacks occur.

Coins which are purchased during buybacks will NOT be resold and instead will be redistributed to those who are holding them.

This combined with the usual advantages of a cryptocurrency allows SMAC to become a unique financial tool and investment opportunity.

The team has put together a simple video that explains the basics: https://www.youtube.com/watch?t=10&v=KcVEIdkIfqY

The main bitcointalk thread is here: https://bitcointalk.org/index.php?topic=952083.0

Official website is here: http://www.smac.io/
7  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN]:[INSANITY]: A SCRYPT Coin for the Criminally Insane : LAUNCH on: December 14, 2014, 12:54:55 PM
LAUNCH SCHEDULED FOR 1 AM UK TIME (subject to change if I feel like it, if you can't figure out UK time google it).



Specifications:
Trading abbreviation: INS
Max total coins: 239234
Block time: 12 hrs
Coins per block: 1
Maturity after: 1 block
Premine: 5% (11961 coins)
P2P port 11000
RPC port 21000
Seednode: 54.194.99.126
(Please ensure that this line is included in the .conf file, particularly if you are using the source code: "addnode=54.194.99.126"  If you are getting a no genesis block error then this is usually the reason why)

Points of note
1) Insanely difficult to mine and very scarce
2) May or may not be a joke (depends on how I feel and whether people want this to continue)
3) MASSIVE PREMINE - this will take 16.4 years to be matched by mining!!!
4) Novelty
5) Fun (for me)
6) THIS WILL MAKE YOU RICH (warning: for legal reasons this will probably not make you rich)

About the premine
- a tribute to Nakamoto's huge instamine of Bitcoin and the massive instamine of Darkcoin
- although I probably won't dump this early (it's insane not stupid) I like the power of having it as a kill switch in case of establishment takeover - the government/NSA/CIA/Walmart/the guy who owns the shop down the street are not going to get anything useful
- if it ever has any value I will auction limited quantities (to reduce the risk of devaluation) in order to fund further (real) technical development
- may be used to build a giant golden goose and buy the Spruce Moose

Pools
None as of yet.

Wallets
Windows wallet: https://mega.co.nz/#!rgwUFA4S!bqbKfZwwjhby_SW771SVYihZ1tQV8NW_2xmQk8Pq04g
Other wallets to be funded by bounties.

Source
https://github.com/InsanityCoin/Insanity_source
Don't forget to add the seed node listed below to your .conf file or you will get a missing genesis block error.

Block Explorer
See bounties.

Bounties - all appropriate items must be working
1st pool: 1 coin
1st pool to be available for 4 weeks: 1 coin
1st pool to be available for 8 weeks: 1 coin
1st Block explorer: 1 coin
1st Exchange: 5 coins to be paid after 4 weeks of operation to rule out scam exchanges
Mac wallet: 1 coin
Linux wallet: 1 coin
Android wallet: 2 coins
IOS wallet: 2 coins
First 5 articles: 1 coin each
First 5 Tweets (to tweet about insanity and post a link here): 0.5 coins each
Other creative promotion (to be posted on here and subject to my discretion): 0.5-2.5 coins each
Anything that makes me laugh: 1 coin

The  TECHNOLOGY (very pale) YELLOWPAPER (Whitepaper)
This contains our aims/demands/dreams:


(Warning this is not a joke even though it probably should be.  It is strictly advised that those of a sensitive disposition do not read, mine or even think about INSANITY.)
8  Alternate cryptocurrencies / Announcements (Altcoins) / [PRE-ANN] COMING SOON - "INSANITY" - the coin for the criminally insane. on: December 13, 2014, 07:41:30 PM


The advantages of INSANITY include:

1)Very difficult to mine with tiny reward.
2)LARGE PREMINE.
3)Garish colour scheme.
4)Fake $10million prize giveaway to celebrate its launch.

WATCH THIS SPACE.

(Warning this is not a joke even though it probably should be.  It is strictly advised that those of a sensitive disposition do not read, mine or even think about INSANITY.)
9  Alternate cryptocurrencies / Announcements (Altcoins) / MANA: Seeking new team members prior to relaunch - bounties available on: December 01, 2014, 11:05:55 PM
Mana is a SCRYPT coin designed to be stable, scarce, slowly mined and dump proof.  Prior to doing a full relaunch I am seeking new team members.  Each team member will receive a 20 MANA bounty (50% to be paid after 2 weeks - further 50% to be paid after 12 weeks).  The team roles which need to be fulfilled at present are:

1) PR/Social Media representative

2) Lead coder/programmer for further code development

3) Lead designer &/Artist for developing new artwork, aesthetics etc.

If you feel you could contribute please direct message me.

You can find the original MANA launch thread with further info here: https://bitcointalk.org/index.php?topic=760289.msg8572079#msg8572079
10  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN]: [Mana] : SCRYPT coin designed for mining (LOW BLOCK REWARDS+HARD TO MINE) on: August 28, 2014, 04:03:20 PM
Mana - A coin designed with mining, stability and value in mind



  • Scarce
  • Stable value
  • Slowly Mined
  • Dump resistant

Total coins: 500,000 reached in approx 85.5 yrs
Block Reward: 1 coin (24 per day, 8760 coins per year)
Block Halving: After 250,000 blocks (approx 28.5 yrs)
Difficulty Retarget: Every 5 blocks
Block time: 60 minutes
Block Maturity: 10 blocks
P2P port: 11032
RPC port: 21032
DNS seed: addnode=178.62.1.161:11032
(Note - 120 blocks instamined during testing to be used for bounties & 20 coins each for new team members.)




The aim with Mana is primarily to have a coin that is difficult and hence rewarding to mine, a currency that can be used as a store of value with deflationary characteristics.  The low block rewards and long block times are designed to prevent the devaluation that occurs as a result of mined coins being dumped on exchanges.  In addition the long block time combined with the 10 required confirmations are also designed to discourage panic selling.  
If you believe in the principles of this coin then we need your help and support.  We created Mana out of frustration as miners because despite the myriad of altcoins nobody seemed to really be addressing this niche, dealing with both tight coin supply and coin production.  We are not experts and so are grateful for any and all community help.

Windows wallet link: https://mega.co.nz/#!TswRlTbI!AwVJ6QT2Ko45P_5H5qmXfXHAtGQMtIb8l5-6wFnlGrI
Mac wallet: https://mega.co.nz/#!OsQDRb5Y!fj2uSlt5vkcgTnqHtCI_zrg8lkdbgnhLnH-E8ZdEGTw
Linux wallet: (not available - help appreciated) 5 Mana Reward
Source: https://github.com/ManaCoinTeam/manasource

Block Explorer: http://blockexperts.com/mana

Pools:
Solo mining only at present.
Please get in touch if you have a pool to add.


Cryptocointalk: https://cryptocointalk.com/topic/14702-mana-mana-information/

Twitter: https://twitter.com/mana_coin

Exchanges:
None at present.

We are looking for team members to provide technical assistance for further development of the wallet etc.  Please get in touch if interested.

We also need a new logo.  Once we have enough submissions we will have a community poll with a 5 MANA bounty for the winner and 1 MANA each for 2 runners up:)  I have provisionally changed to a new less garish white background logo.  It's plain but I think any change to the old logo is an improvement!

11  Alternate cryptocurrencies / Announcements (Altcoins) / OverUnity - An experimental SCRYPT based, community cryptocurrency, Pools needed on: August 16, 2014, 04:12:44 PM
OVERUNITY (OVU)

12  Other / Off-topic / [ANN] [PseudoCoin] IS A SCAM[Anon Currency] [X13] [POW+POS] on: July 06, 2014, 06:17:00 PM
First things first Name = Pseudo coin (is that not a hint?)
Central feature = anonymity with "fake transactions" - really taking the piss with that perhaps we should add that it has a pseudo-developer too.

No explanation of any of these things and the developer just deletes any critical posts in the thread and doesn't even deny it.  I would stay well away from this - has SCAM plastered all over it.
13  Alternate cryptocurrencies / Altcoin Discussion / 5000 Coin MNR Bounty for new Social Media/PR Guru on: June 17, 2014, 04:50:45 PM
MNR/Mjollnir Coin is looking for a new social media and PR person to help raise awareness of this coin.  A generous 5000 coin bounty is available.  Find out more about the coin here:

https://bitcointalk.org/index.php?topic=577437.0
14  Alternate cryptocurrencies / Altcoin Discussion / GBC/Great Britain Coin Looking for new team members on: June 17, 2014, 04:46:55 PM
GBC/Great Britain coin is a country coin that has no airdrop, uses Scrypt-N, has low block rewards and great potential.

Unfortunately due to 2 of the team members having to leave for other work commitments GBC is having to be run single handedly by Adrian (the remaining team member) who is quite short of time.  

He is currently looking for others to join and help take the coin forwards.  

Generous bounties are available.  

Please reply here if you are interested.

Find more info about the coin here:

https://bitcointalk.org/index.php?topic=530308.0
15  Alternate cryptocurrencies / Marketplace (Altcoins) / Are the Exchanges Manipulating Altcoin Prices/Sales for Profit? on: June 14, 2014, 05:37:14 PM
We have all seen blatant examples of market manipulation by what are termed "whales" on crypto exchanges but I have growing suspicions that some of these "whales" may be the exchanges themselves engaging in activity which whilst not necessarily illegal is certainly unethical and representative of unfair market manipulation.   

The most blatant examples of this are seen on the largest exchange (by volume) - I don't think I need to name them.  Time and again we have seen coins rise and then when the coin has most going for it they reach said exchange and (after a short pump) they start a steady decline in value. 

It should be noted that this exchange accepts paid votes (in BTC) for listing new coins.  This is a practice that is suspicious at best and rife for abuse as it allows coins to be listed on the basis of wealth rather than actual popularity. 

It also means that there is an incentive for the exchange to support new coins to the detriment of older more established ones.  Here is what I think may be happening:-

1. The exchange accepts payment votes to list coin X.
2.  As payments come in to list X, the exchange uses those BTC to slowly buy up X at cheap rates.
3.  Over time the price of X starts to rise as demand and sales rise.  This accelerates as X rises up the voting list on the exchange.
4.  Once X is actually listed there is an inevitable rise in price and demand. 
5.  Once people start buying and selling at higher prices the exchange steps in and starts selling their large volume of coins (purchased very cheaply) at prices which significantly undercut regular sellers yet are still high enough to make them a significant profit.
6.  The price starts to fall and people start panic selling leading to a downward spiral in price.  Now the exchange either lets the coin die by keeping their BTC or they start buying up again from panic sells and repeat the process.
7.  Once the exchange has milked the coin sufficiently they keep their BTC earnings, the volume on the coin dies, as a significant source of buys has been removed from the equation. 
8.  The number of free coins is significantly greater than demand.  This leads to loss of confidence in X as the price continues it's downward trend.  Human psychology then exaggerates this further leading to a dwindling "perceived value" for the currency.
9.  The coin takes a long time to recover if it ever does from the artificial buy pressure generated by the exchange being removed - if it ever does recover.
10.  By this time the exchange is hard at work on the next coin(s) - Y, Z, etc. for which the same process has begun.

Now I don't have any proof of any of this.  Just hunches but it all fits the behaviour of coins on the exchange.  I'm talking here about coins that one would expect to be certain to succeed with good developers, innovation, plenty of real demand and community support. 

Yet their behaviour on this exchange seems to behave exactly in this manner.  At times it might seem consistent and expected (bad news, poorly implemented hard forks etc) but there is an alarming counter intuitive yet consistent pattern where coins with improvements i.e. good news continue falling in value. 

As soon as some good news appears a huge number of coins appear to get dumped on this exchange and lower the price.  I have also noticed large amounts of buys and sells of the same value going up simultaneously and being taken down and moved simultaneously or at rates that would be impossible to do for an end user. 

These issues suggest that there is some internal party behind these orders.  Like I said I don't have proof but I would suggest we are all vigilant and look out for suspicious activities on all exchanges. 

Whilst exchanges are vital to any currency the fact is it is far too easy for a bad actor to manipulate markets and act dishonestly.

One thing that would definitely help to reduce (but not eliminate) this behaviour would be for us as customers to insist that exchanges NOT take paid votes.  They only benefit the exchanges and as I have suggested create a big opportunity for unscrupulous parties to manipulate the markets in their own favour. 

Furthermore we should also insist on openness regarding why exchanges list coins when they haven't been voted for as well as proper external auditing of exchanges to weed out those that are taking part in unethical behaviour.

We should also know who this faceless people behind these exchanges are and what if any business history they have.  Have they been involved in any fraud etc.  What is there general track record.

I am open to other people's suggestions for how we can combat this kind of behaviour if it is happening and their general views on the matter.  I believe an open and fair market benefits us all.  Cryptocurrencies will only be hampered in their success if market manipulation remains endemic as I believe it may be.

Thanks and apologies for any spelling or grammatical errors I may have missed.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!