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1  Economy / Economics / Using Bitcoin as collateral for real estate on: April 22, 2014, 11:37:31 AM
Has there been any news or stories of Bitcoin being used as collateral for a real estate purchase?  I know it has been used to make the actual purchase but what about as collateral?

Given the nature of the block chain (ie. public ledger), it would be easy for a real estate entity to confirm a signee's Bitcoin ownership has not changed while still staying in possession/control of the signee.

I think the new US regulation will open up a new world of 'Bitcoin as collateral' and less so as a 'currency' per se.
2  Alternate cryptocurrencies / Altcoin Discussion / We Look Like Geniuses on: December 05, 2013, 03:04:42 AM
Whether you like it or not, those of us who have been involved with crypto currencies, even as bitcoin was crashing from its peak earlier this year, look like geniuses.  Even the trolls.

If you are holding onto a nice profit, regardless of the crypto currency you support, I'm happy for you.

But whether you take your trading profits or not, get involved with the industry.

Pursue that idea you've been thinking about for that online store you've always thought about...whatever.

University if Nicosia now accepts Bitcoin for tuition payment ( ) go spend a few years getting your undergrad/graduate degree in a beautiful European country.  Use this opportunity to keep developing yourself.

The virtual currencies' economic progress will depend on people getting involved with interesting projects and commerce endeavors; not just as a means for trading activity and speculation.

This is what I'm doing with my own projects and I look forward to YOUR projects as well, regardless of the crypto currencies they will support.


3  Alternate cryptocurrencies / Altcoin Discussion / [ANN] Okay, I figured it out on: November 28, 2013, 12:17:32 PM

Hazard = Bill Still

If you feel like this announcement has helped you in some way, shape, or form, then I'll accept donations:  1KrCCGuU7eFoQWPSMNMotQExKuV1XpDqQW

Okay, just kidding.

But seriously,

Happy Thanksgiving Smiley
4  Alternate cryptocurrencies / Altcoin Discussion / [CGB] Cryptogenic Bullion's MADEsparq Project: Made Alignment Data Exploration on: November 16, 2013, 08:03:19 PM
Cryptogenic Bullion's MADEsparq Project:
Made Alignment Data Exploration

Mercury Stills

November 12, 2013, version 0.1


This paper introduces a new paradigm for utilizing the hash string outputs from the proof-of-work or proof-of-stake scheme of the virtual commodity, Cryptogenic Bullion (CB).  This new paradigm, named the MADEsparq Project, aims to blur the defining lines between currency, technology, and data by using the CB block chain to mediate the mapping of data to create, and add value, to content and unstructured and semi-structured data.  Over time, as more data is mapped onto the CB block chain from a vast spectrum of subjects and interests, chance occurrences for discovering valuable mathematical, structural, functional, or social relationships from the overlap and intersection of data mappings increase.  Therefore, since the data mappings onto the CB block chain can overlap from separate knowledge-domains, there is the potential for new insights and discoveries from the collaboration of participants in the MADEsparq Project, whose specialties lie in vastly different subject matters, that might not have been possible before.  Thus, the intrinsic value of the virtual commodity (ie. CB's hash chain) mediating the data mappings should increase over time.

White paper download link:

Website (under construction):

NOTE: This is a draft.  It's not quite finished yet but it's good enough to update the CB community of our first main project which I've been hinting.  Please use this thread to share constructive criticism and misunderstandings.  Although the paper is meant for the laymen, it's still quite dense with meaning.  I personally think it will change the world but I'm sure some people will read it and think, "Huh?".


When I read the following statement a couple months ago

“Alternate block chains compete with bitcoins financially, confuse our message to the world, and dilute our efforts. These barriers interfere with the adoption momentum of bitcoin and the adoption momentum of alternate currencies as well, regardless of how well-conceived their rules may be.”

in this coindesk article about the MasterCoin project, I have to admit it got under my skin.  It sounded like imperialism 2.0.

It would be silly for the MADEsparq Project to not support Bitcoin's block chain, but this ideology that Bitcoin is the virtual currency and that the only altcoins to exist should be made through Bitcoin is absurd.  There are millions of creative and highly skilled people who have yet to get involved with virtual currencies.  And if nonsense keeps being said like the above statement then I doubt virtual currencies will ever gain mass adoption, because anybody with half a brain will be able to see the truth of what's happening.  And that it's the same imperialist bull shit that has been going on since, well, the invention of currency...

I think the virtual currency world needs a strong Bitcoin--price stability and strength is crucial for any economic and monetary system.  And I just don't see any other virtual currency growing bigger than Bitcoin--I'll be blunt, it just ain't happening.  And the reasons for it now are more political than anything else, especially with the kind of funds being invested in the ASIC industry.  But true adoption by the private sector won't happen until there are legitimate options to help allocate and manage risk better.  Bitcoin absolutely will not be the only virtual currency to be supported if there is to be true mass adoption, because it quite simply cannot.  Yes, MasterCoin will help in this regard.  But as the MADEsparq Project exhibits, there are many ways to be an innovative coin.

On another note, I applaud the possible regulation meetings to take place in New York next month.  And I emphatically cheer the possibility of a Bit License being a requirement not only for merchants adopting Bitcoin as a payment option but of also a representative on a virtual currency's development team.  If there's a fee to register a virtual currency so to be used in the USA (a fee for each state maybe), then so be it.  But let it not be a trivial amount either!  I would cheer such a fee!  That, in my humble opinion, would be the final nail in the coffin of so many of these shady losers on this forum making coins.  Good riddance!


Supervising the long term stability of Cryptogenic Bullion is one of my main priorities.  I have considered many ideas, including revision to the PoS scheme so to be more secure and being PoS-only.  But it's not an easy task and I'll have even less time now given my priorities to help develop MADEsparq Project.  But I have recently considered the idea of converting the PoW scheme of Cryptogenic Bullion to be merged mined with BTC.  Perhaps Garzik or somebody else on the Bitcoin dev team could pm or email me to further discuss the possibility.  But at the very least, I'll be scheduling a hard-fork in about a month or so from now that will increase the block times slightly so that the block relationship between the PoW and PoS schemes are more smooth.  As mentioned before, even though I kept elambert in the loop of my project plans, I did not officially join the Cryptogenic Bullion dev team until almost a month after its release.  So now I'm revising some of the original PoW/PoS specs to increase mining efficiency while also increasing long-term stability.  This has become even more important now that its block chain is intricately involved with MADEsparq Project.  

If another member of a major virtual currency would like to discuss any matter, please feel free to email me using the above email address.



5  Local / 中文 (Chinese) / [ANN][CryptogenicBullion] CGB网站已经升级 on: October 24, 2013, 07:40:23 PM

6  Local / 中文 (Chinese) / Cryptogenic Bullion on: October 19, 2013, 10:02:38 PM



7  Local / Alternatif Kripto-Paralar / [CGB] Web sitesinin Türkçe çevirisi on: September 24, 2013, 01:06:48 AM
Web sitesinin Türkçe çevirisi:

8  Alternate cryptocurrencies / Altcoin Discussion / [CGB] Turkish translation of Cryptogenic Bullion website on: September 24, 2013, 12:57:11 AM
Turkish translation of the CB website is live:

Swedish translation of website coming soon.



Like us on Facebook:

Follow us on Twitter:  @CryptogenicBULL

Visit our website for more info:
9  Alternate cryptocurrencies / Altcoin Discussion / [ANN][CGB] Cryptogenic Bullion Marketing Campaign Update (CCN) on: September 01, 2013, 12:09:29 PM

CB (as we like to call it) just had its PoW subsidy halved to 2.5.  And supply continues to tighten as planned.

Some announcements:

We're proud to welcome to the family of services that accept CB as payment!

We're also proud to announce is in the process of integrating !

Elambert and I are in the process of developing a new service and it will be announced next week!

Advertising update:

As announced, we have launched an aggressive marketing campaign across a few web mediums, namely, Facebook, Google Adwords, and Yahoo/Bing network.  Ad costs are on target to exceed $1000 USD for the month.  Steady as she goes as the budget will continue to grow as time goes on.  This is only the beginning.  Again, no outside investors have been involved, although I have been approached by many interested parties, as I did not want to risk legal repercussions to the CB community.  Everything has been and will continue to be out of pocket (my pocket, to be exact).  And in the name of openness and, quite frankly, to cut the bullshit, here are some ad stat updates:

These ad stats are for the past week only:

Google saw a nice spike in clicks the past two days because of the pop in BTC:

Facebook likes is steady at about 120 likes a day for the past six days:

Yahoo/Bing is relatively new and so far showing lackluster stats:

There will be major blockchain development announcements in the coming weeks and months, so please stay tuned!
We continue to endeavor to spread the word of Cryptogenic Bullion and the digital currency industry as whole!  Cheers!


Like us on Facebook:

Follow us on Twitter:  @CryptogenicBULL

Visit our website for more info:

10  Local / 中文 (Chinese) / [CGB] [Cryptogenic Bullion] Google广告活动正式启动! on: August 25, 2013, 06:51:37 AM

Cryptogenic Bullion (CB)是开发团队自豪地宣布,我们的Google AdWords广告系列正式推出积极的预算。







11  Alternate cryptocurrencies / Altcoin Discussion / [ANN][CGB] Google Ad Campaign Officially Launched! on: August 25, 2013, 06:27:30 AM
Good day!

The development team of Cryptogenic Bullion (CB) is proud to announce the official launch of our Google Adwords Campaign with an aggressive budget.

No outside 'investors' and potential for legal harassing due to risk of loss of 'investment' have been involved with the aggressive budget of this campaign.  Everything is out-of-pocket...for the CB community.

We are spreading the word of not just CB but of Bitcoin and of the digital currency industry as whole.  Because we believe this financial innovation can aid and strengthen our global society.  And WE will only get
stronger the more people learn of it!

So, please, spread the word of Cryptogenic Bullion!!!



Like us on Facebook:

Our website:

12  Local / Nederlands (Dutch) / [CGB] Cryptogenic Bullion toegelaten hier! on: August 19, 2013, 04:45:07 PM
CB Toegelaten Hier!

Ook zou graag een paar recente diensten aanvaarden CB kondigen als betaling:

Veiling website aanvaarden CB:

multi-munt payment processor:

Reclame diensten onderneming (we zijn ook een client):

Meer spannend nieuws binnenkort, dus stay tuned!
13  Local / 中文 (Chinese) / [CGB] CGB接受在这里! on: August 19, 2013, 04:29:58 PM





14  Alternate cryptocurrencies / Altcoin Discussion / [CGB] Cryptogenic Bullion Accepted Here! on: August 19, 2013, 04:17:27 PM
New 'Cryptogenic Bullion Accepted Here' images!  

Also, would like to announce a few recent services accepting CB as payment:

Auction website accepting CB:

Multi-coin payment processor:

Marketing and PR services firm (we're also a client):

Things are moving along quite nicely!  More to come, so stay tuned!
15  Local / 山寨币 / 中文版网站正式发布! Cryptogenic Bullion [CGB] on: August 18, 2013, 02:08:46 AM
Chinese version of website launched!


16  Alternate cryptocurrencies / Altcoin Discussion / BigVern CAP pool is forked [message from Mullick] on: July 28, 2013, 07:01:24 AM
Hi everyone, I'm relaying a message on behalf of Mullick who is away from his computer at the moment.

It has been discovered that BigVern's CAP pool is forked from the main blockchain.  If you're mining at then you are advised to stop immediately.  Erundook and Silverwolf CAP pools are on the correct chain and Mullick suggests to mine at their pools until he can get in front of his computer and finish the latest client with new nodes.  He apologizes to the miners at BigVern's pool for the inconvenience.

17  Other / CPU/GPU Bitcoin mining hardware / Nvidia Quadro K6000 on: July 23, 2013, 11:35:37 PM
Next gen Nvidia GPU was made public and set for release this fall.  If anyone has hash rate confirmed please post in this thread.  With a price range of $5K - $7K, and given the K5000 hash rate, there's no way it'll be worth it.  Not even close.  Nevertheless, I am curious.
18  Bitcoin / Mining speculation / BTC and LTC aren't the only ones with mining profit difficulties on: June 14, 2013, 11:06:44 PM
Current gold prices have some mining companies' mines turning a loss:

We've also seen similar phenomenon in the iron ore industry, as those mines based off of older (more costly) technology are forecast to be shut down by the end of 2014.  Checkout Cliffs Natural Resources Inc. stock price from past 2 years:;range=2y;compare=;indicator=volume;charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

Nevertheless, since my cost of electricity is about $0.10 kwh, I foresee mining LTC (and all altcoins) with my 12 7970 gpu setup staying in the black for awhile...
19  Alternate cryptocurrencies / Altcoin Discussion / [WTB] 5k WDC for 3.6 BTC on: May 19, 2013, 05:10:38 PM
title says it all...if you are on the reputable list then I'll send first.

Reputable list:
20  Economy / Trading Discussion / I use Coinbase instead of Dwolla on: May 15, 2013, 07:47:30 AM
This is just a friendly suggestion.  If you reside in the USA and relied on Dwolla to buy BTC, you can do the same with  It's a start-up company that has been around for awhile and I've used them for a few months now.  Quite reliable, although there is a wait time from when your order completed to when you actually have your BTC to withdraw to an exchange.  Check it out for more info:

edit:  I forgot to mention very low fees...nothing like the awful fees charged by bitinstant.
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