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Any plans to MM the following :
BTC
NMC
IXC
I0C
DVC
CLC
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Yes, trying to pump the price some more ?
We all saw it. No need to hype to raise your price.
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I've heard through the grapevine that MtGox will be victim of another major hack, will happen in the next month, expect BTC values to plummet once again.
This is it folks, this poster has a pretty strong track record of reliable sources and has been a very active member of the community, furthermore I am an active member of several communities, just not this one. Don't say you weren't warned when you BTC's go back to < 1 100$ Can't wait ! |
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I am not sure why this thread claims it is dead, maybe it just means the original post author has given up on it.
As far as I know the only pool to have so far included it in its roster of merged-mined chains is still slugging away at it and simply does not yet have enough hashing power to defeat the attack. If more people mine it, or join pools that are merged-mining it, at some point possibly honest miners will out-hash the attacker, who can then either be regarded as just a more aggressive than usual and somewhat cuckoo-type ponzi scheme profiteer doing the usual massive initial mining that is already so familiar in other chains.
The option possibly also remains of actually restarting at the genesis block but at the reached difficulty once enough hashing power is aboard.
Luke claims not to have used Eligius hash power in his attack, it seems possible that the reason an entire pool appeared to give up the fight was thinking they were up against Eligius not just one religious fanatic's personal hashing rigs.
-MarkM-
He had to use eligius pool because no way in hell does he have enough resources to outdo the blockchain since I combined 80gh onto it at one point and still couldnt compete and he sure as hell doesnt have the finances to top that hashrate albeit only 80gh. If you had the personal $$$ to get 80 ghash then how do you know he also doesn't have the $$$ needed as well ? Fail yet again. Please post concrete evidence next time before making random statements. |
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Can we please get a category for "Best past SolidCoin troll" so I can win something too for once  ? |
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i don't think anyone should trust him with their hashing power
is it true its luke doing it to i0c and ixc now as well?
Seems like it and I hope he succeeds and gets rid of these crap scammer chains. |
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Shut down and refuse transactions.
It would require human consensus/interaction to figure out what went wrong - typically by adding a block checkpoint - and start the network back up. Those in a position to patch the checkpoint into their client would do so. Those who cannot would simply force connect to a node advertised by it's owner as "connect to me" and whose position they agree with, which would effectively censor out the unwanted chain from their view.
So centralized human control of a distributed network? If security is the ultimate goal then just make it a central authority which validated and prevents double spends and eliminate the massive cost and overhead of the blockchain and distributed work. A single low end server could handle all the Bitcoin transaction processing. I think there are ways to provide 51% protection but human control isn't something I would ever support. Human control is fallible. Humans can be bribed, beaten, extorted, killed, etc.
The block chain protocol could be improved to detect and invalidate a 51% attack (hint: a 51% attack involves a re-org AND doubling of hashpower). Yeah there may be some side effects but they would be part of the network outside of human control/manipulation. Yeah just like BTC can't be 51% or economic manipulated with just a couple of millions. Funny to think that all the BTC value is worth $50 million when just $5 million or even less is needed to kill all this network. SolidScam is no good either. Until issues like the potential for a 51%, price stability, early adopters having 100 000 of coins for $100 this whole system is a joke. Arguably, the biggest joke compared to crap like CoiledCoin but still a joke. If we want BTC to be valid we need to find a technological solution for the 51% problem. No more of this "it will never happen" or "the attacker would gain more by contributing" and other such excuses. BTC is just as vulnerable as CoiledCoin if the miners go away. Don't leave it to chance. Fix it while you can. |
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So Luke didn't intend for anyone to lose anything ?
I lost 20+ blocks from my wallet, all with 200+ confirmations as well as a 6 block transfer after that. Does that mean I didn't lose anything ?
Given they were worthless scam coins? No you didn't lose anything. LOL. Exactly what I was going to say ! You only lost some electricity because you were naive enough to think this typical pump & dump - open exchange in 5 hours after launch scheme was going to work. Luckily a moral Christian like Luke stopped this BS. I hope he kills crap like DVC, IXC, I0C next etc. |
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OK. I want to be paid 0.00006 per share then I will mine wherever you want  Payments will be made in CLC. I don't take CLC as they are useless bitjunk just like LTC, SLC, TBX, GG, DVC, IXC, I0C, RUC only real coins right now are BTC and NMC. |
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Remember that hypocrisy when someone does it to bitcoin.
This is one of the primary reasons I do not mine on DeepBit. Right now, it seems highly unfeasible for a new/unknown 3rd party to come in overtake the whole of the bitcoin network. It is still possible however, but I think the community would turn on more miners to prevent that from happening. I am going to begin offering to pay people out of my own pocket to mine on Deepbit....just to watch everyone squirm. It still boggles my mind that you are defending Luke's actions.....WTF is wrong with you ? seriously ? OK. I want to be paid 0.00006 per share then I will mine wherever you want |
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I congratulate people like gmaxwell ( responsible for the LTC TX spam attack ) and Luke-Jr.
Screw the alt chain scammers and their pump and dump schemes. Luke-Jr is morally sound and I am really glad scams like CoiledChain are dead and stop staining the name of Bitcoin with the pump and dumping that goes on.
Well done to you both ! Screw the scammers and pump & dumpers.
Just like he said : All scamchains like SolidCoin, LiteCoin, CoiledCoin are a plot to steal BTC from the fools.
Now CoiledCrap is dead, what will be the next scamchain of the week ? 419coin ?
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Where are you located ? What SSD was it ?
I'm located in the Bay Area. It's a 40gb Intel X25-V I will do it for 15 BTC if successful. Can you ship to the UK ? |
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Yeah, I hit a block!....So...now what? Does CLC provide a service or does any store accept them for anything (What is the long-term plan to bootstrap it to a service\product)? ....Or, do I wait for an exchange.
Typical pump and dump scheme. What is next scamcoin of the week ? SolidCoin 3 ? LOL exchange opens at BTC-E.Com about 5hrs later after launch. WTF this is planned as heck pump and dump ? makom from russia / btc-e.com too ? |
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~650MH/s with the default diablominer settings and the card OC'd @ 1125/975MHz:
Should be interesting to see the power draw running at 650Mh/s. $/Mh ratio still won't be right for a while but the reduced power draw could make up for it. LOL. This really is strange. Before people were saying this sucks at mining because of CGN but I see it is quite good performance. Before people were saying it pulls much more power to hash but now it seems it pulls less. WTF ? LOL. Where is the truth at ? |
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Yes, I unfortunately reformatted the drive. I loaded up a ubuntu live cd, opened the terminal and entered "wget http://www.makomk.com/~aidan/wallet-recover-0.2-linux.tar.gztar xzf wallet-recover-0.2-linux.tar.gz" then I entered this sudo ./wallet-recover-0.2-linux/bin/32/wallet-recover /dev/sda recovered-wallet.dat however the terminal said that this command " /wallet-recover-0.2-linux/bin/32/wallet-recover" was not found.As for shiping my drive, is their anyone who can fix it for me like that and for what fee. Thanks for the replies Where are you located ? What SSD was it ? |
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I could grab a penny!  we could very well be on the verge of Proudhon pumping Bitcoin!!! lol. I just want to understand how this leveraged trading business works. It's mystifying the way you guys talk about it. how u likin this Proudhon!!!? you be makin MONEY!!! LOL. You guys need to teach me this trading business as well. Seems too damn hard with all these terms. WTF is spread or margin ? I feel like an idiot every time I read the speculation board. |
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Excellent! I can help you guys. I'm not a liar or a trickster; this is not a paradox.
Using 5:1, ok good. Main thing is, don't let your margin fall below 2.1-2.5x maintenance.
If you see the price drop below your base price and you have tradable balance, buy buy buy!
But you both probably already know the basics. PM if you have any questions; bitcoinica is practically all i've been doing for a couple months now.
LOL. For me this Bitcoinica stuff seems like out of another planet since I assume you are all day traders at Forex or something LOL. |
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Hopefully this will be worth something soon, so far it seems I own 40% of all mined coins  Well IMHO this strategy of pump & dump worked for the first few scam coins but people learned and your crap coins are worth 0 right now. Good luck wasting more time and electricity. Haha, did litecoin bite your peepee ? Im not as stupid as you, I will only mine the crap out of coiledcoin during early diff and hold. Exactly what I am saying. That strategy used to work but now it does not. People realised that all the scam chains are just that : A BIG SCAM. Just like Luke-Jr said : these scams are plot to steal BTC from the fools. Buy, buy, buy !!! It gonna rise to 0.01 BTC tomorrow !!! |
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Hopefully this will be worth something soon, so far it seems I own 40% of all mined coins Well IMHO this strategy of pump & dump worked for the first few scam coins but people learned and your crap coins are worth 0 right now. Good luck wasting more time and electricity. |
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Pics or it did not happen  Well said. +1 This noob ain't tricking us with these fake BS results. Next time they claiming a 7970 running at 2000 MHz and getting 800 Mhash/s. LOL |
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