Just in case you did not know!!!

If you go to the CoinLab website the are (still) directing traffic to MtGOX to trade.

It becomes harder to argue that Mt. Gox is breach by servicing US customers, when you (CoinLabs) are at the same time actively directing all or any persons to trade at Mt. Gox.

This may form a basis of estoppel, or similar relief or at least offset the claim.  

EDIT, Ok Finally some one got hold of a part of the agreement it purportedly reads

During said two years period, CoinLab may provide the Services to the CoinLab Customers
only on the MtGox Website or on a CoinLab Website.

So are they treating as the term being on Foot? Hmmm have to get the rest of this.

Just wondering as the CNC  DEV appears MIA

though FTC DEV is still around...

and these things look really bloat prone

My questions

[1] CNC v FTC hash rate
[2] Bigger defacto-pre mine, by this I mean which had the most coin mined in the first day - 2 days so least distributed
[3] what does  FTC do better than CNC, (Why should FTC survive if CNC is faster)

any why are there so few FTC / CNC trade offers?

also
is CNC chain huge and its useless??? (as one person bellow suggested) why does this not apply to FTC as well?

Wanted to buy 10K - 40K CNC best offers, LTC or BTC

[83.63201912]

I think this deserves the broader forum

4 Mill BTC made in 2 weeks....?

In the  last week for so we have seen FTC and if the last two days CNC

FTC has achieved 0.005 BTC already and CNC looks to do at least this, and between them there are circa 800,000,000 Coins

Accordingly we can work out the dilutes BTC, in very broad brush strokes

360000000   0.005   1800000   1.8   million   BTC
462000000   0.005   2310000   2.31   million   BTC
822000000   0.01          4110000   4.11              BTC
              
              
              
         100      
         21   25.11  
            0.836320191   83.63201912  <----21M/25.11 M  


Thus effectively dropping BTC value by 17% !!!, which is quite close to the drop in the last 2 days

and because of the vast number of coins each 0.001 rise has a massive effect.

It appears that BTC may be diluted (inflated this way) this way

Why no FTC/ CNC trading google docs or threads??

ok so

10 FTC for 100 CNC

[83.63201912]

4 Mill BTC made in 2 weeks....?

In the  last week for so we have seen FTC and if the last two days CNC

FTC has achieved 0.005 BTC already and CNC looks to do at least this, and between them there are circa 800,000,000

Accordingly we can work out the dilutes BTC, in very broad brush strokes

360000000   0.005   1800000   1.8   million   BTC
462000000   0.005   2310000   2.31   million   BTC
822000000   0.01          4110000   4.11              BTC
               
               
               
         100      
         21   25.11   
            0.836320191   83.63201912   <----21M/25.11 M   


Thus effectively dropping BTC value by 17% !!!, which is quite close to the drop in the last 2 days

and because of the vast number of coins each 0.001 rise has a massive effect.

It appears that BTC may be diluted (inflated this way) this way

VirCurEx Gave about

5% first dividend for the month  
10% second last this month + 30% of total to NAV

and share price about 400% of original cost

pretty good!

https://cryptostocks.com/

It looks like CHN has more hash than FTC at the same time, and does everything FTC does except faster.....Also it seems to have a lower payout per block so may keep miners insentivised for a much longer time.....

meanwhile how is the feeling in BTE land these days?

The more I see the more I think PPC is going to come out on top, because it appears quite different and has dedicated known dev.

By 2 mBits worth

I could be wrong

Okkk that lends it some credit!!!!!

ALT coins are a mechanism to suck out earlier adopter BTC value, and following this you see the resources allocated, and more importantly the user base that comes with it. The dedicated, invested user base is the most powerful aspect of a coin, as BTC gets harder to mine, it may attract less dedicated user-base. FTC/LTC will for some time be open to non asics. But they will be knocked off by a cpu/mobile miner only coin

Any good FTC graphs from day 1?

WHO/WHERE ARE TRC DEV?

DOES anyone Know?

[We]

Just read the white paper again, and this may have been noted by others, but just in case

The paper reads

We define an electronic coin as a chain of digital signatures.

We consider the scenario of an attacker

We now consider how long the recipient

We have proposed a system

http://bitcoin.org/bitcoin.pdf

so unless a deliberate red herring, it is indicative of more than one person.

Could a system arise where people trade private key containing bit coins, where you can prove that private key has never been seen but will work. Thus rather than having to transact through the blockchain with the time and cost that takes, once the address it loaded up with say 1 BTC you trade the private key in its virtual Chinese box, and continue trading that box until it is opened,

then no one would accept it anymore, and everyone could determine that it had been opened, and it reverts to normal trade as the person who opened it must now send through the normal transaction.

So sort of like a virtual Casascius

Edit

Actually this system could take over from bitcoin....or be an alternate CC system

Something I have not seen explicitly articulated is what happens  

[1] if mBits (0.001) becomes say the next unit for people buying and selling, because say 1 mBit = $1, at this point can the miner still run and charge fees 0.000001, that is is the fee structure a sliding scale that gives enough incentive to allow the miner push back the fee back the same 10-e3 places because the value vs USD or goods and services (eg power) has risen enough?

[2] If I thier is not enough insensitive, and the fee is now 10-e1, does this not set a hard cap on BTC value, as it cannot be moved any cheaper than it can be processed???

It seems [1] is correct, so have we seen any market pressure down on fees because some miners are will to grab more transactions a the lower fee, and because BTC is worth more can afford to do so?

----further

[3] IF [1]is the case what happens if the microBTC (10e-6) goes to 1 USD, then 10 -e3 would put us into the Nano bit I believe there are only 8 decimal places behind the 1. (if I am wrong this happens at some theoretical point)

Thus fees would be forced to only be 10-e2 less at that time as their would be no smaller unit available, at this point would it require a fork to include more decimal places?


(I sure there must be a thread somewhere but cannot find it?, I have some on Fees but not seen this point explicity addressed, happy to have a link provided)

Edit links
https://bitcointalk.org/index.php?topic=9162.0
https://bitcointalk.org/index.php?topic=1847.0
https://bitcointalk.org/index.php?topic=462.0
https://bitcointalk.org/index.php?topic=1347.msg15366#msg15366
https://bitcointalk.org/index.php?topic=1347.40

Sorry if this has been asked before, but is there a good codebase review of  bitcoin?

I.e. steps through general arrangement, then functions then clever tricks?

How will you feel when a 2000 satoshis a week is a good wage?

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