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2281  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AnimeCoin [アニメコイン] ANI on: January 31, 2014, 09:01:14 AM
What about a CROWDBOUNTY for a block explorer.
Alright. Let's get this started. I have very few animecoins myself,
if you want to support me, send some to my private wallet please:
AFs6aqK2jgxXku8aTszhaC1XpVtqsyzzdC
... . .. . .. . .. . .. . .. . .. . . .. ..... . .. ... . .. . . . . . .. . . . . .. .

BUT here's the offer:
For blockchain explorer, I pledge 111 ANI.
Someone match that, and offer more, please.


I'll offer 1000 for a block explorer:
Drakoin 111
NUFCrichard 1000


Super. 1111 ANI so far.

Someone wants to offer
10000 ANI, for the next digit?

:-)

I will pledge 8000 for the block explorer
2282  Economy / Reputation / Re: baokychen rep thread on: January 30, 2014, 10:54:43 AM
Good communications and fast honest trade !
2283  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AnimeCoin [アニメコイン] ANI on: January 30, 2014, 12:56:33 AM
WTB ANIME. Please PM with any offers.
2284  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CASH] Get your Crypto CASH now! Utilizing Moore's Law (Traded on OpenEX) on: January 29, 2014, 05:03:47 PM
Wanted to Buy CASH.  1BTC per 2000 CASH   or  1LTC per 55 CASH

Please PM me with quantity if you wish to sell.
2285  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CASH] Get your Crypto CASH now! Utilizing Moore's Law (Traded on OpenEX) on: January 28, 2014, 12:03:07 PM
We're at 7.5 difficulty at the time of this post  Shocked Shocked

My prediction from earlier today is coming true. Once difficulty is above 10, these prices will be unheard of!!!

The sell orders on OpenEx at the moment are honestly a joke. Who in their right mind would sell at these prices, lol sell to me  Cheesy

So why haven't you bought them all on Openex ?   Smiley

Seriously though, I think it is quite difficult for people to value this coin objectively (even more so than the other alts. and they are enough of a problem to value ! )

There is an exceptional reward for success here, and it's just a matter of taking a chance to buy  (I have !). The Genetics of the coin may fail, or it might be the best of the bunch.
2286  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CASH] Get your Crypto CASH now! Utilizing Moore's Law (Traded on OpenEX) on: January 28, 2014, 11:57:00 AM
We're at 7.5 difficulty at the time of this post  Shocked Shocked

My prediction from earlier today is coming true. Once difficulty is above 10, these prices will be unheard of!!!

The sell orders on OpenEx at the moment are honestly a joke. Who in their right mind would sell at these prices, lol sell to me  Cheesy

So why haven't you bought them all on Openex ?   Smiley
2287  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CASH] Get your Crypto CASH now! Utilizing Moore's Law (Traded on OpenEX) on: January 26, 2014, 11:34:36 PM






Did quick math from the averages I've seen in the pool blocks.  Didn't use block explorer.  Started at 30ish per block 3 days ago, now down to below 22.  Did I miss some seriously big block rewards?  

/edit  Clicked block explorer, entered 1 for block, 290,  entered 9000 for block, 290....  Brain begins to smoke.  Give me hardware, I can't understand that thing....  

/edit 2.  Ah, I'm learning something new.  Block size is simply the physical data size of the block, not the amount of coins generated.  Click : Transactions In This Block, that is where it shows exactly what the reward for the block is.


Ah, yes, thanks, now it is clear.
2288  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CASH] Get your Crypto CASH now! Utilizing Moore's Law (Traded on OpenEX) on: January 26, 2014, 07:22:36 PM
Money Supply

276199

Should this not be  2,761,990  ??

Getinfo shows:


"blocks" : 9939,
"moneysupply" : 289134.60600000,

And on that note, closing in on 10K blocks....

Coins per block auto adjust for diff rating, but if assuming on average of 25 per block, then not in the millions yet.

From the block crawler, I see a median block size of 290 (without transactions), roughly distributed through the 6 days.. That does not tally with your average of 25 (where does that come from ? )
2289  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CASH] Get your Crypto CASH now! Utilizing Moore's Law (Traded on OpenEX) on: January 26, 2014, 07:14:00 PM
Money Supply

276199

Should this not be  2,761,990  ??
2290  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CASH] Get your Crypto CASH now! Utilizing Moore's Law (Traded on OpenEX) on: January 26, 2014, 01:42:34 AM
WTB cryptocash CASH coin.  Have already paid 0.22BTC per 3000 CASH   2.3 LTC per 1000 CASH 


Please PM me with quantity and the price you require.
2291  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining on: January 25, 2014, 12:19:45 AM
Code:
https://i.imgur.com/xZ0MIyz.jpg

BTC: 0.51% of wallets have 68% of all BTC between them
LTC: 0.69% have 77% of all LTC between them
DOGE: 0.88% of wallets have 70% of all DOGE between them
PPC (not in pic): 0.17% of wallets have 42% of all PPC between them

i guess everythings just a pump and dump then

better start licking canine testicles before its too late

i suppose some of these accounts belongs to exchangers

Some are exchanges, some are influential individuals and businesses. I am reassured to see this concentration: At least there is someone to lead , with the resources to promote the coin.

2292  Alternate cryptocurrencies / Altcoin Discussion / Re: FreeTrade's Guide To Altcoin Investing on: January 20, 2014, 07:08:45 PM


In QRK, they are never 'all mined'.  (1M per year indefinitely).

If a coin were 'all mined' then it would be a good test of whether the network stands on transaction fees or PoS (or some other).

2293  Alternate cryptocurrencies / Altcoin Discussion / Re: FreeTrade's Guide To Altcoin Investing on: January 20, 2014, 06:51:46 PM
Quark is a scamcoin.

Great analysis. Well presented argument as usual. Mod , you can delete mine with this message if you wish.

I am delighted to find this thread, and will contribute as and when I have something useful to add.

No argument, only fact. Quarkcoin is a pump and dump scheme, the most egregious ever attempted.


Proof please, supporting arguments. This is off topic anyway.
2294  Alternate cryptocurrencies / Altcoin Discussion / Re: FreeTrade's Guide To Altcoin Investing on: January 20, 2014, 06:40:52 PM
Question 1. Inflation.

A number of coins have what I would call 'Accelerated reduction in the Mining Subsidy' (related to Bitcoin). 

The rates of reduction in the block reward vary widely .. Some examples:

 Cryptogenic Bullion CGB was 90% mined in 6 months (similar to Quark)...although CGB has no annual inflation from continued mining, but has a PoS of around 1.5%

Tigercoin TGC. Reward halves every 3 months, so it will take a couple of years to mine. There is a small inflation after that.

QuickQuickCoin QQC.  This one is 50% mined in just 24 days.

Proof of Stake coins address the inflation issue as well.  Of the highly inflationary, PHS has 50% pa, HBN has 100% pa. Most others are below 3%.

Exactly as with life forms (DNA) the success or otherwise of currencies depends on a complex interaction between genetics and environment.

The rapid mining of the bulk of coins is one such variation, which may or may not have been intended to enrich early miners . However it has some benefits, which include an increased stability of supply in the medium term, in which sales of freshly mined coins (that will always happen as miners defray their current costs) have a lesser effect on price. The inflation after that is another variable, and PoS a third.


IMO predicting the future of these currencies is well nigh impossible. The cryptocurrency project is one of the most inclusive democratic global events that has ever been seen, with network effects that are surprising.

The degree to which the differences benefit individual coins will only be apparent in the longer run, added to which , the larger communities have the means to change some quite significant aspects, as I mentioned in an earlier post here.

FWIW, I will highlight each currency here, with my own thoughts over the next few weeks.

2295  Alternate cryptocurrencies / Altcoin Discussion / Re: FreeTrade's Guide To Altcoin Investing on: January 20, 2014, 06:15:52 PM
Freetrade would be cool if you can say something about worldcoin / earthcoin / netcoin / betacoin  too because i hold alot of them...

There must be a hundred coins that I haven't even heard of yet. Ill be adding more to the list soon, but I'm interested if anyone can point to any that address any of the three questions.

I have researched about one hundred alts. as they appeared over the past 9 months. I will certainly look at your questions in relation to the genetics of coins, and comment in due course: however those questions only address the technical structure at the outset.

As we know, the success of a tech project hinges not just on its excellence, but also on esoterics such as marketing/adoption as well as intangibles which appeal (without reference to logic) to the ultimate users : Hence the stellar rise of Dogecoin.

It is important to remember that digital currencies can evolve and change: the larger the community, the greater the resources available for additions redesigns, marketing and so on. Therefore I respectfully suggest that Mass Market Appeal :the speed of growth in the adopting community, will be a dominant factor to gauge, as that will not be apparent at the genesis block.
2296  Alternate cryptocurrencies / Altcoin Discussion / Re: FreeTrade's Guide To Altcoin Investing on: January 20, 2014, 05:54:22 PM
Here is an argument I found against Protoshares, which has a unsupported method of a prediction market.  


BitShares is not a prediction market, nor could it support one, as it has numerous practical and theoretical problems.




Aside from attacking a straw man interpretation of my explanation this critique sounds very familiar to ones which I have debunked many times before.

Lets assume for a second that the prediction market was for an event 5 days in the future most people agree the price would track.  Make it 5 months and the price during that 5 month period would track clear up until the day it closes.   Make it 5 years and the price will track until the day it closes.  Make it 50 years?   Forever?    At what point does the LENGTH of maturity of a prediction market affect present day pricing?  The fact remains that you can only enter or exit positions through voluntary trades and all voluntary trades are based upon a prediction on what future trades are likely to be possible.  In effect, you buy or sell based upon your future prediction of what the market for a particular BitAsset will be.   If his theory that BitUSD will go to 0 is in fact correct then he should short BitUSD.   Unfortunately for him he will have to unwind his position in the future which means buying BitUSD which means a non-0 price.  In fact, the holders of BitUSD would demand as much as they can get away with because they are earning 5% for holding the note.  This reality means BitUSD cannot head toward 0.  

The asymmetric information argument is entirely bogus in this case.  How does someone who holds BTS or BitUSD have more information about what the exchange rate will be in the future than anyone else?    BitAssets cannot move toward 0 because they are all collateralized by 2x their initial value and the short position is paying 5% to avoid covering.   This means that the long position can hold out until the short position agrees to a reasonable valuation.  

At the risk of making an appeal to authority I will point out that BitShares X has been reviewed by Dr. Charles Evans  (http://www.pecuniology.com/who.php) who maintains that my economic model is solid.  I only make this appeal to authority to counter the claims that I have no 'authority' because I am "self-taught".   So lets ignore the appeal to authority or lack of.  

Lets assume we were to create a prediction market for an event that is 100% certain.   Would the price ever deviate?  Any attempts of pushing the price away would be seen as a profit opportunity by all participants.  This is the case with prediction markets based upon HISTORICAL outcomes.   You don't need a judge to make the payout, players will voluntarily settle even when the lose because they have 2x collateral that is tied up.   So they will accept their losses (50%) to avoid 100% loss of their collateral.

Lastly his straw man argument that I see a difference between "users" and "arbitrageurs" is entirely off base.  All individuals are motivated by profit opportunities and thus perform the arbitrage function when profitable to do so.  

So based upon the number of factual errors and misrepresentations I cannot take his economic analysis seriously.




The prediction market in these instances would inevitably come to behave like Futures Exchange prices, in that their present-day value is heavily dependent on factors such as risk-free interest rate, and perceived volatility of the market price (and interest rate), as well as default risk..... all these because there can be a hold-to-maturity projection for the longest time frames.
The shorter time frames depend more heavily on implied speculative trends.
2297  Alternate cryptocurrencies / Altcoin Discussion / Re: FreeTrade's Guide To Altcoin Investing on: January 20, 2014, 05:20:55 PM
Quark is a scamcoin.

Great analysis. Well presented argument as usual. Mod , you can delete mine with this message if you wish.

I am delighted to find this thread, and will contribute as and when I have something useful to add.
2298  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FairQuark | FRQ | CPU Mining | 4% Fair Pre-mine | Get in NOW! | on: January 18, 2014, 09:42:56 PM
UNFAIR Quark !

Huge Premine and a ridiculous scam.

The only beneft may be if this draws attention to Quark so that people CHECK CAREFULLY the statements about premining.

There will be a lot of tearful tunes about lost money in the alts., and that is a good thing... Makes people do some homework instead of relying on everything they read.
2299  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining on: January 12, 2014, 11:02:27 AM
I read BTC-38 will be adding 2 coins before 20 January, also Quark is the most wanted coin at BTC-e from the votes here. Almost half of the voters chose for Quark.

What is the source of that ?
2300  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SKC] Skeincoin | Skein-SHA2 | CPU mining | GPU miner available on: January 07, 2014, 11:04:40 PM
WTB SKC, still interested in offers please.
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