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My big issue, and I am not against gold bugs, a lot of what they say makes sense, but almost every gold bug I have read or talked to says at the end, well the gold price should be X but its x/10 because of manipulation by gov/corp/bank/mining etc.
And this seems to be one huge floor in gold bug theory/position that physical gold can be endlessly manipulated/seized/outlawed by central govs....so this fatal floor undermines the who gold bug position of gold as a store or reflection of value.
While BTC / CC can be manipulated the limits of manipulation are much clearer, and the fundamental backing (maths) and self interest to keep the supply at 21 million (plus all other properties), make BTC much superior to GOLD.
I am interested to hear from gold bugs (and others) on why rampant at will manipulation of gold does not undercut its whole value in the Gold bug position/theory/paradigm.
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The problem I see is the upside risk of a 10x jump making $1000 the new 100, is so high in my book that I will not sell out but buy in with more fiat if the price drops.
I could only trade a very small proportion on alts.
It Only takes very few moderately wealthy people / corps / or some influx of buyers to do the 10x jumps, and it's going to happen.
Eg BTC has done 10x/order of magnitude thorough its history and not gone back just traded in the new magnitude range
also the amount of successful trades you have to make a 10x profit is quite large, and do do two orders of magnitude 100x almost impossible.
So what's other people takes on this, how do you mitigated the risk of it doing the order of magnitude jump while you have sold into fiat?
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what gives?
I can't recall seeing this for any other alt coin?
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is any coin anywhere above it's first listing price on an exchange except BTC and LTC,
just wondering?
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Such self proclamation always makes me suspicious.
No clear basis set out why
just a hope of a self fulfilling prophecy
Just motherhood statements....lineing people up for pump and dump
PPC and many other coins are so far ahead on every metric.
PPC is probably the best after LTC if not better than LTC and BTC,
Market Cap, Hash rate, Hash percentage, Profitability, sorry your claim is not evidence backed, and against it.
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the cost to rent the computing power, of the entire BTC network to for the time to produce 25 BTC, may give a base value of BTC
(must include power, computers, floor space, miners time cost, misc, any programing, maintenance, internet connection cost, etc)
val (time) = cost for time to rent entire network to produce current BTC block reward.
any ideas how to put this into figures?
dustcoin comes close, but does not really include miners time, internet connection, floor space etc.
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[1] Either alts will die or
[2] fast evolution will produce a mutant superior coin to BTC
[3] Some alts live but superior alt will take over.
[4] Other
your pick
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You will have look up what an AC is.
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Lets try and get a market cap for this!
for sale 0.0001AC for 0.1BTC
PM me
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Reserving for future use.
I am assembling a crack DEV team and funds/forums etc.
I will take my time. Lots and Lots of it.
I will would rather NOT release, than release inferior coins.
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Ok this may have been spoken about, but a scale, speed issue, may be some sort of parrallel set of blockchains. I am talking at a very general level and appreciate I may be well wrong
Firstly I appreciate that any dilution or shorter blockchain means less security, but at what point does the asymptote just not matter eg 2^100000 or 2^1000000 are both really big numbers
I just want to open the floor to thoughts about a parallel block chain system. I have had a few thoughts, but want some views of the more learner-ed before I say anything.
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I see wdc has a shiny new forum.
my question is what is the dev like for WDC, is their one? if yes how active and competent?
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Just a few short weeks ago it was wall to wall [FTC] / [CNC] threads in here....now stoney silence with the chirp of a cricket in the background
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Dear Bears
I thought (according to bears) there should be a slow unwind/drop to $70 or less......it this yet to happen?
or are we seeing everything in compressed time, and the $50 was it.
edit
I am not mocking Bears I actually want to know
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I wonder why TrueCrypt dont take BTC/LTC donations?
Would have thought they would be the first!
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So
how do you up grade download and install that it?
Re seed?
Uninstall 1.73 then put in 1.74
is it worth the upgrade or are there bugs?
Also other questions (noob questions but better safe than sorry)
[1]how and where and in what form does electrum store the private keys on the system, or does it work it out every time?
[2]does this changes if I encrypt keys?
[3]I take it electrum does not use a wallet.dat being deterministic seed or am I wrong
[4] Is their any danger running a 1.74, on a win7 virtual parallels installation and a 1.73 on the OSX
[5] If I start a wallet from seed, the wallet will be unecrypted regardless of weather I had encrypted the wallet before?
[6] whats the difference between the installer version and standalone version of exe?
[7] I have notice electrum does not start on win 7 parrallels? double click and nothing
Thanks is advance
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As crude as the measure is It seems that XRP market cap is
over the BTC market cap
interesting days
however the XRP is much less liquid, I also think it does not have the growth potential of BTC
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I keep seeing and now getting PM's to buy my XRP at below the price you can see on ripple?
Are people really falling for this?
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