You need to download Geth (or locate it in your Mist installation).
Navigate to the folder with Geth in the command line line.
geth removedb (to remove partial blockchain). geth --fast --cache=1024 (basically trims most of the data you don't need - should take 3 - 6 hours to sync).
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I hate to be "that guy" - but a birdie told me Zerocoin is working on setting up a trust-less setup (possibly slated for this fall). Can anyone confirm this?
I like ZCash except for this part. I'm interested in the first coin to implement the Zerocoin technology that comes up with a way to do it without the trusted setup.
Also on a different note (did some digging and couldn't find the answer). Is the current trusted setup for Zerocoin able to de-anonymize transactions or just create arbitrary inflation (like ZCash)?
Also - it looks like ZCash and ZCoin were both released in October. And from what I understand both have bitcoins inflation schedule. Can someone explain to me why ZCoin has 2,500,000 coins vs ZCash's 1,600,000? 30 days between releases should only result in 144,000ish coins shouldn't it? (50 coins X 4 per hour (every 15) X 24 hours per day X 30 days = 144,000).
(Edit: 10 min block times as poster below pointed out. So 50 X 6 X 24 X 30 = 216,000 minted in a month. Still seems like we have almost a 1,000,000 coin difference when there should only be 216,000 difference. Even with the bug that released 200K extra coins - that's still 900,000 discrepancy when there should only be a 400,000ish supply discrepancy.)
And one more question. I was around back when ZeroVert came out with ZeroCoin never being implemented and devs faded into the background. It looks like Poramin was the dev of that supposed "first implementation of Zerocoin" years ago. Until it turned out to be a scam (I think?). Coin wasn't even around for a few months.
Can someone confirm that Poramin Insom was or was not the dev of that coin? I'm not trying to FUD here or detract from others who are fine with the ZeroVert incident. I would just like an explanation if there is one. And if Paramin started it and abandoned it even with the 168K premine due to lack of funding or whatever. I understand many will be ok with this. I'd just like to gather more information for myself.
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With the pruning of fast sync it took me about 6 hours on a 10mb connection.
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How does selling tokens that are abstract from the actual mining service any more efficient than mining contracts?
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Can someone fill me in on the exit scam? And also where I can download the game? I always wondered if this project left the role playing stage.
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CryptoKingdom died? I see posts from rptelia from just a few days ago about it.
Always wondered if it ever actually became a game instead of a spreadsheet and a role playing thread but never got around to checking. How's he a scammer?
Exit scam. He ran off with 7 figures. I am very sympathetic to those who lost money, but good riddance IMO. Whoa rptelia did? Good grief - from the game coffers? How's he still keeping the game going then? 7 figures of $ or 7 figures of Monero? This is just insane to me ... I've had had a dozen scam ideas with all of these ICOs going on. I'm fairly sure I could make a million or two. But I'm too terrified of the law to do it ... prison time kinda scares me. Can't believe being a public figure he decided to. Guess that explains why he doesn't post around here much anymore. Was there some "hack" or excuse - or he just emptied the coffers? He was one of the few around here I *almost* trusted.
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CryptoKingdom died? I see posts from rptelia from just a few days ago about it.
Always wondered if it ever actually became a game instead of a spreadsheet and a role playing thread but never got around to checking. How's he a scammer?
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For now it's just back to ICO price. Original token holders do not yet seem to be willing to sell for less than that. Compared to MONACO and Tokencard, that seems to be a good thing. Let's see.
At 350 tokens for 1 Eth - @ 1.14 it's still up like 50%
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maybe AB saw it coming and pulled as many coins from it as possible and dumped them? maybe thats the reason for the crash yesterday?
for me this isnt too far fetched
The alts they don't take took the majority of the beating. So I have my doubts unless they were unloading bitcoin to other alts via ShapeShift & dumping them on exchanges to clean up their Bitcoin.
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Imo the biggest problem with these ICO valuations is that it uses the over inflated price of ether during the ICO.
No way these coins would raise 200 million USD in value if ether was sub 100 usd. And ether only gained its value due to these icos sucking all ether out of circulation for a while. This is going to be interesting when all the projects need to cash into their ether reserves or fail to deliver.
I think you hit the nail on the head right there. I can only see a bear market in Ethereum's future with all of the capitol that's flowed into these ICOs. They essentially helped create the bull market and will be helping sustain the bear market for likely years to come.
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What other devs do they have working on it besides Dan?
And can you clarify that they're working on Blocknet being able to P2P trade WITHOUT atomic swaps enabled on coins or just with coins that have atomic swaps enabled?
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I think you're on the money (except football coin ... really?) The only thing I'll add is that A.) This has happened before (just not to this quantity). Remember that guy who owned a bunch of porn sites and launched his own mutualfund coin that pumped for a month or two and now it's worthless? Imagine dozens of those happening. B.) Developers that move in and rebrand a coin, add one or two features. What's happening is they're buying super cheap worthless tokens, buying up at the bottom, adding some features, dumping on noobs heads and then eventually moving on. Anyone remember the "truckcoin to hypercoin" rebrand? C.) Remember 90% of everything in here is a way to dump on noobs. That's what 90% of the alt market is. There are projects that aren't (Litecoin I guess ... which I still hate from way back in the Fibonacci days). Monero. I also like Byteball as they're distributing based on bitcoin hodlings (so basically free) although we've never seen one of these coins go anywhere. XCoin (remember the "closed source anonymous" coin from back in the day?) is dead but they're doing dev work on the Blocknet (which I assume is a shitty clone of Waves just like XCoin was a kinda shitty clone of the likes of darkcoin X11 algo which was already a scam). They did an ICO for that one. EOS is literally starting with a rebranded Bitshares, and it uses the Ethereum network even though it says it's going to be way faster, and they say they'll never release their own coin. You're just trading something that will only ever be on the Eth network. There are so many ways of taking candy from the babies right now. . .
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OMG - they DID go up to 48 way back in the heyday didn't they???
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Right, but there must be at least a few good ones in a sea of scams (semi-scams). Just like during the dot com bubble, there were still Yahoo's and Amazon's of the world that prospered!
I would like to see details about how fast and much do these ICOs dump their ETH. Is this available anywhere? Also, future ICOs need to step up and be more transparent about their use of proceeds. Lock-in periods should be added to their Whitepapers.
I suspect you're absolutely right. I like BAT even if I don't really think they needed their own token and might should have committed to just buying back a token with 50% of the profits using BTC or Eth or something. But I think the investment opportunities are letting the shit clear and see what's standing a year from now. I would like to see details about how fast and much do these ICOs dump their ETH. Is this available anywhere? Nope, not that I know of. Also, future ICOs need to step up and be more transparent about their use of proceeds. Yep. But asking for an unregulated market gets us exactly what we've got. The only way it makes sense for them to be transparent is for investors to demand it and right now they aren't.
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Lol you're starting to understand this Here's what happens. Ethereum pumps to 25 billion. Hundreds of new millionares. Eth makes ICOs easy like a commodity. Grandpa can do it. New millionaires buy ICOs. People buy Eth just to buy ICOs. It's gonna be the "new frontier of investing." Most ICOs tokens go up with caps (for a little bit) since they were raised with a cap. ICOs cash out eth. Eth has selling pressure from 30% miner inflation + probably another 30% ICO inflation. Eth tumbles down the hill. ICOs tumble down the hill. Last one out loses the most.
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Anyone else here remember the dump from $18 back to $6 right after it got listed on a Chinese exchange?
I remember . . .
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We all know the "all eggs in one basket" story, but there are a lot more things to consider. There are moments in which you should be "brave" and listen to your guts. I hardly like any concept of a coin/token/whatever, because most of them lack the most important thing - usage (i.e. people). BAT is on a whole different level (though I hate the way they raised funds). Just imagine how many of you are using... browsers? And at the time of my first reply here the price was 4050 satoshi, now BAT is at 4370. I gave my "investment advise", because I'm following the market very closely and BAT currently is a 99.99% sure "investment". My best guess is that you can make 20-50% profit over the next few days (it already gained ~10% in 2 hours), not to mention what might happen in a few months/years. How does this even make sense? So first - BAT was an ICO that raised 30 million in the first hour. I tend to agree it's one of the only legit ICOs. BUT 1.) It's valued at 110 million which means original ICO purchases are already 4X in the green. 2.) THIS is it's price chart. https://coinmarketcap.com/assets/basic-attention-token/3.) It has gone down 10% today (maybe you are seeing upside down or something?)
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I really believe cryptocurrencies. I invested in poloniex ( 3 K usd) made some profit but losing some money for 2-3 weeks. I just made 4 rigs ( 4 gpus each) to mine altcoins. Recently i am mining ETH with 300 Hashrate.
And additionally i got 6.5 K usd to invest. And i am really confused.
My first choice would be to use money directly to invest in new coins that generates with itself more by holding them ( like XEM) But i do not know what are these coins available to invest in this manner.
Or i could go all in cloudmining - buying litecoin contracts?
Or i can use poloniex to buy low sell high strategy.
Can you please give any suggestions?
Bitcoin, Monero, Ethereum are three of the well knowns that have been around for awhile that have things going on. You could also make the argument for litecoin I guess (but I'm not going to). I'm not advocating any of them. Bitcoin & Monero generally avoid the "scam" label. Ethereum is more controversial but arguably has more utility. What you need to understand about the altcoin marketplace is that it's about dumping on noobs. So you buy a super low prices, get people excited about a project then the holders dump on noobs. It's been going on since the inception of alts. If you must invest I'd probably put most of it in known semi legit options by whatever terms you decide on that have been around for awhile. And if you insist on joining the "dump on the noobs" arena do it with a fraction of your capitol. Also understand you're buying into a bull market. Most alts have gone up at LEAST 10X in the last 12 months. Bitcoin has gone up 10X in the last 24 months. ICOs have become a mania. 10K bitcoin or $900 bitcoin by the end of the year wouldn't surprise me.
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ICO is like Meth guys - not even once.
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Please help, I have sent 0.4 ETH first, I havenīt know there is a minimum contibution , so I sent 0.6 ETH more to the same Wallet with the same Data. Now the problem ist that I have not received XTZ for the first 0.4 ETH: Summary 1.0000 ETH -> 354.26 XTZ (Before it was 0.4000 ETH -> 0 XTZ) Transactions hashes XTZ ETH 0x92cXXXXXXXXX 0.00 0.4000 0xa99XXXXXXXXX 354.26 0.6000 So what can I do now? How can I contact the support of Tezos? Look at their reddit. They are planning on refunding all the less than minimum contributions so you should get your .4 eth back minus transaction fees.
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