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621  Economy / Trading Discussion / Re: Chrome Browser extension: MtGox trading bot on: May 06, 2013, 04:45:24 AM
Oh, does this mean google can sync my cloud up to my bot?

doen't seem to, and I have a Chromebook >.>

Plus, not too sure it'd be a good idea with multiple insistences of the bot running at once Tongue
622  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][YAC] yacoin: yet another altcoin. Release in 24 hours. on: May 06, 2013, 04:42:35 AM
Hell the biggest reasons I don't believe feathercoin and chinacoin don't have a future is that who the hell is going to use something called a feathercoin, or a chinacoin? It sounds childish
623  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][YAC] yacoin: yet another altcoin. Release in 24 hours. on: May 06, 2013, 04:41:42 AM
dumb name, not appealing. Will fail.

As much as I hate to agree with you, He's right. Can you possibly consider changing the name to something more...professional? This could have some potential, but if the name is silly, it will die before the new year :\
624  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][YAC] yacoin: yet another altcoin. Release in 24 hours. on: May 05, 2013, 10:19:06 PM
I'm just going to assume you mean 24 hours from the server time, which was 8pm. Which is ~4pm EST so...
625  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitBar New POW-POS scrypt CryptoCoin on: May 05, 2013, 07:49:38 AM
I think bitbar is a contender for 3rd place.  All the other coins haven't lived up.  We need a true 3rd coin after LTC.
Just no
626  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 05, 2013, 01:43:55 AM
Noticed a few other potential legal hurdles, looking into them. If I can't figure out a way to do this coin in the grace of US law I won't be doing it. Sorry Sad

Idea's currently open to anyone else who wants to make it though... Smiley

Also could you explain these?

The main one simply is that it is a currency that, if you will, has an increased usage potential for money laundering. I know the other Cryptos do the same, I just don't know the legality of being the creator of such a currency . . .

Actually, I'm pretty sure it's not officially recognized as a currency atm...

True, in that sense it would be more of a network, system, or service that allows for money laundering. Sad

Well, that's not the point of it...and I'm sure there's at least 1 person that's not think headed enough to not see this

Plus, what exactly would the US government do to you?

1. The creator CAN't take down the network. P2P networks don't work like that
2. It's open source, some guy in X country outside of US juristiction would just fork the code and take up development
3. If the US government actually wanted to do something for the first time in years, why would they go after a small altcoin vs Big Daddy (Bitcoin)

Overall, I don't see how you'd be held to it in any way
627  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 05, 2013, 01:32:26 AM
Noticed a few other potential legal hurdles, looking into them. If I can't figure out a way to do this coin in the grace of US law I won't be doing it. Sorry Sad

Idea's currently open to anyone else who wants to make it though... Smiley

Also could you explain these?

The main one simply is that it is a currency that, if you will, has an increased usage potential for money laundering. I know the other Cryptos do the same, I just don't know the legality of being the creator of such a currency . . .

Actually, I'm pretty sure it's not officially recognized as a currency atm...
628  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 05, 2013, 12:11:12 AM
Noticed a few other potential legal hurdles, looking into them. If I can't figure out a way to do this coin in the grace of US law I won't be doing it. Sorry Sad

Idea's currently open to anyone else who wants to make it though... Smiley

Also could you explain these?
629  Alternate cryptocurrencies / Altcoin Discussion / Re: [FRC] FreiCoin Giveaway! Get your FREE FRC now on: May 05, 2013, 12:08:44 AM
Address in signature. Thanks Tongue

Edit: again, here 17YHwQEnh9bbPFdHH8w2nYL4mx3Qi6ViSD
630  Economy / Trading Discussion / Re: Chrome Browser extension: MtGox trading bot on: May 04, 2013, 10:08:58 PM
Very much so Tongue
631  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 04, 2013, 02:21:09 PM
Noticed a few other potential legal hurdles, looking into them. If I can't figure out a way to do this coin in the grace of US law I won't be doing it. Sorry Sad

What hurdles? If it's about writing the client you're just writing software. If it's about mining from a legal perspective your coin won't do anything different then bitcoin or any of the alts?

Wasn't one of the biggest things from the bit coin bubble it's acceptance by US authorities? They shouldn't target an altcoin for any reason.
632  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC / CNC Exchange: Google Docs #2 on: May 03, 2013, 08:10:03 PM
Updating my own sale

sold to mullick. 145 Chinacoin for 2.8 LTC

Payed in LTC via a BTC-e code, very smooth transaction all the way through.

Thanks man!
633  Alternate cryptocurrencies / Altcoin Discussion / Re: [GIVEAWAY]FREE BitBar! 0.01 BTB per Person on: May 03, 2013, 07:36:48 PM
B6whyA2jisnKSGUTezdSQynbLhNihjsLdS Free money Tongue So why not.

Thanks
634  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 03, 2013, 03:06:07 PM
I like the sound of Squarecoin. It'd be an interesting contradiction of the common concept of a physical round coin. I imagine you could come up with a cool logo that looks like a classic coin... but square. It also alludes to the unique property of the coin, which anyone with basic math comprehension can understand and appreciate.

tl;dr +1 for the name Squarecoin

Short, Simple, and doesn't have a silly feel to it. +1 from me
635  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 03, 2013, 03:00:23 PM
I like Rootcoin the most; maybe Rootcash, to break the "coin" paradigm? Smiley

Lol, I think when he said "no coin", he meant no suffix to it's name at all, but I do like rootcoin Tongue
636  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 03, 2013, 02:37:31 PM
had for a non coin name, how about Stratos?
637  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 03, 2013, 02:31:23 PM
While the forward thinking is awesome, don't you think people would get kind of weirded out if they used to mine with 100 SQC (yes, I'm using my own name) rewards and suddenly everyone with a CPU is getting 1000 SQR a block?

If you used to get 100 per block and now its 1000 per block, that means 40 times more hashing power was added to the network. This doesn't seem to bad does it?
Remember 10 times hashing power will not get 1000 per block because its by the square root, so you need a lot more power to get to 1000 per block.



Let me rephrase that. It's not the changing reward that bothers me, it's the huge drop in the currency's buying power that would come with the application of this system beyond when it's unnecessary, aka the early stages. If 10x reductions in buying power kept happening, people would stop using the coin.

Basically, while the currency would be more common, the rise due to faster hardware would be somewhat minimal while the rise due to people investing more money in hardware would be the major thing bringing the reward "up", if you will. In essence, that means more time, effort, and money is backing the system, and so each coin would, in theory, be worth more.

The reasoning say this is because, while the market will control it's value, I don't really think that the design of the currency should promote decimal shift level changes in value. I know that the value will scale, but I feel people will be psychologically phased if the value shifts like that, as some were with bitcoin.

Cordo makes a good point with the decimal place limit, there's a huge mental thing when you paying $50 for a faction of a bitcoin...

Although I'd say just having more, less value able coins would be better than a hard lock of decimal points
638  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 03, 2013, 05:18:11 AM
Name suggestions. I need them. Thanks Smiley
=> ZenCoin

I'm in. Supporting the coin as the designer. let me know if you need logo designed.
Sample work - I converted Feathercoin logo to vector lately:


Nice work with it!
639  Alternate cryptocurrencies / Altcoin Discussion / Re: [Announce] 6-Week Alt Announcement on: May 03, 2013, 05:17:44 AM
While the forward thinking is awesome, don't you think people would get kind of weirded out if they used to mine with 100 SQC (yes, I'm using my own name) rewards and suddenly everyone with a CPU is getting 1000 SQR a block?

If you used to get 100 per block and now its 1000 per block, that means 40 times more hashing power was added to the network. This doesn't seem to bad does it?
Remember 10 times hashing power will not get 1000 per block because its by the square root, so you need a lot more power to get to 1000 per block.



Let me rephrase that. It's not the changing reward that bothers me, it's the huge drop in the curreny's buying power that would come with the application of this system beyond when it's unnecessary, aka the early stages. If 10x reductions in buying power kept happening, people would stop using the coin.
640  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC / CNC Exchange: Google Docs #2 on: May 03, 2013, 04:23:12 AM
Can my offer by updated on the sheet? lol
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