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1321  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MHA] Mental Health Awareness Coin - X11 - KGW - Released LAUNCHED! on: June 17, 2014, 01:56:45 AM
Seems like all cryptos that claimed to be aimed at charities are failing in 1 month time.
And this was no exception.

But really , you've had to suffer for a mental health problem to believe in such a coin.
1322  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CapitalCoin | 0% PreMine | Scrypt PoS | On Exchange | UPDATE 5/24/14 on: June 17, 2014, 01:43:52 AM
Is the dev still active?

It's hard to tell.  There isn't much noise from them and the domain for the coin now points to this post.

What are some options for us?


Does this answer your questions ?

Date Registered:   April 30, 2014, 01:22:09 AM
Last Active:   May 24, 2014, 09:22:33 AM
1323  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NYC] New York Coin LAUNCH on: June 17, 2014, 01:31:01 AM
niothor
If you like what you said,BTC(NYC) is not unique,why many people accept BTC, BTC sell $600 - $1200 or many,People can create another BTC, Why?

Because you can't replace or create bitstamp btc-e bitpay or coinbase out of the blue.
You can't get 50 000 daily transactions on a new coin.

Bitcoin has the popularity and no other coin can't currently compete with it.

Nyc has none of the above , that's why a clone can easily match it.

I would never expect to replace bitcoin, unless of course something happens that causes people to lose faith in that network.  This risk will preserve the need to have altcoins.  Altcoins and parallel blockchains will always exist to hedge against exposure to risk in bitcoin.  Then the only question is how usable are the next best bitcoin alternatives.  Not everyone cares about anonymity.  And bitcoin is expensive.  There is the simple psychological factor that people will want to conduct daily transactions in small integers, like four coins for a burger, not .0099000.

But bitcoin will catch on fast in NYC.  Demand for some altcoins will be strong.

My point is was why a bitcoin clone will fail but a nyc clone would have the same chances of success.
Because right now nyc has 0 strong points.

Also altcoins are not a hedge against bitcoin price.
Because bc/doge/primecoin/darkcoin prices are measured in btc they all go down with the ship , and even faster sometimes.

About the high value of btc...
Wait till you will buy a coffee with 10 satoshi... that would be easy , right?



1324  Bitcoin / Pools / Re: GHash is at 48% WTF on: June 17, 2014, 01:19:01 AM
How are you converting intops to flops?

I was just quoting http://bitcoinwatch.com/


This is exactly how bitcoinwatch estimates FLOPS.  I am not saying it is an acurate way to do the estimate, all I am saying is this is how they do it for what it is worth and for comparison to your other methods.  Many here among us question the valididty of this estimation method.

The page simply uses the following assumptions/estimates:

    1 INTOP = 2 FLOP
    1 hash = 6.35K INTOP
    1 hash = 12.7K FLOP

So the hashrate in TeraFLOP/s is simply 12.7 times the hashrate in Gigahashes/s.

As an example:  11,558.55 Gigahashs/s * 12.7 TeraFLOP/Gigahash = 146,794 TeraFLOP/s = 146 PetaFLOP/s

Of course , the bitcoin network probably isn't really capable of 1 flops right now but....
1325  Other / Politics & Society / Re: Your view on shale gas exploration ? on: June 17, 2014, 01:10:31 AM
I'm not against exploration, but let's wait and see what will happen in Poland with the actual extraction,
evaluate the risks to the environment, then maybe try it in Romania in less populated areas.
If Russian gas will become too scarce, then if the risks are low enough, allow extraction.

The first exploration for the following shale gas extraction is as close as half a kilometer to a village.
Also most of the wells will be in medium populate areas , and in areas where there villagers already face water shortage in mid summer.

I am against fracking and I would love to see a natural alternative like in the oil case being found here too

There are at least a thousand fracking style natural gas wells in the Dallas/Fort Worth metroplex.  Right in the middle of the city.  They have been there, most of them for at least five years.  So we should have some actual, real live information on a subject like this.

I'm not from the us , my only source of information are articles that might contain false information :

Quote
Yesterday, the Dallas City Council passed a tough new gas drilling ordinance - a big victory for Dallas residents, and for the rest of the country fighting the fracking boom.

 Industry is calling the new ordinance ‘a de facto ban against drilling in Dallas.’ The city will now require that oil and gas wells cannot be sited within 1,500 feet of homes, schools, churches, hospitals, parks, and other 'protected uses'.

Think we should keep that shit in the ground, with technology these days we should be able to generate enough energy from solar, wind and tidal power.

You can't replace gas with solar energy in fertilizer plants , glass, plastics and many more.
But you could place those energy-intensive industries right next to a nuclear power plant.


Shutting down gas powered power plants and then again use extra energy to replace ammonia production with hydrogen electrolysis....

How many nuclear power plants we might need?

Adding to those numbers replacing gas heating with electricity and we might run into uranium supply problems.

I'm thinking more of a way to replace gas extraction with some kind of gas production from .. algae?
1326  Bitcoin / Pools / Re: GHash is at 48% WTF on: June 17, 2014, 01:00:02 AM
I didn't realize Exxon was mining now.

Given the disparity in capitalization, they simply could buy up all available BTC and not even dent their annual bonuses in the process.  A couple of years on, BTC would be toast.

Do you have some numbers about the hashpower the nsa has or you're just posting to let others you have heard a few conspiracy theories ?

An IBM Blue Genie/Q can clock 20 peta-FLOPS and consumes 6 MW of power.  The new NSA Datacenter in Utah, one of many such around the world, draws 65 MW of power from the grid.  

Do the math.

Current network hashrate is equivalent of 1189529.29 Petaflops.
That's 60 000 of your Blue Genie computers.

You do the math newbie Smiley
1327  Bitcoin / Bitcoin Discussion / Re: What city has the highest amount of bitcoin users? on: June 17, 2014, 12:44:36 AM
That must be China, just by probability and country's population. The youtube views of that PSY guy are just by probability and country's population.

Enough with the China hype..
Why not Tokyo? Still the largest city and .. satoshi nakamoto Smiley.

But now really , there is no usage of btc in china , almost no shop using it.
I doubt that there are more than 1000 chinese that have btc in their wallets (not on their fake volume exchnges).

My bet would be on either NYC or one of the major European cities close by.
1328  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BCH] BlueChip | X13 | POS |15% Interest | Mac & Win-wallets | 5.5m coins on: June 17, 2014, 12:32:57 AM
Quote
BlueChip has ended PoW and is now PoS only, with 15% interest each year.

Are you sure this is 15% for every year?
Cause it will make this one of the coins with the biggest inflation rate.

It's on pair with the dollar.

Hmm

The Dollar is a very big volume-currency to compare against - There was approximately $1.28 trillion in circulation as of May 14, 2014

Compared to BlueChip X13 it is almost microscopic:

         T    B    M   
USD: 1,280,000,000,000 approx circulation
BCH:              5,580,000 approx circulation

It doesn't matter. The number of coins is not important.

What it matters is that you have a 15% inflation every year.
Be it 10000 coins or 10 trillions  , you add 15% of the amount of coins already in circulation every year.

If you don't know what this means in real economy search for a few example of countries that have gone through this and how life was at that time.
Not a page of history to be told to the kids at bed time.
1329  Bitcoin / Bitcoin Discussion / Re: It's already 48%, No one care about Ghash? on: June 17, 2014, 12:30:01 AM
Looks like its stabilized around 1/3 of the network
Good news for the community
https://blockchain.info/pools?timespan=24hrs

See that big brown chunk of 28% unknown hashrate?

Wanna bet what that is? Wink
1330  Bitcoin / Press / Re: India Enters Bitcoin Era on: June 17, 2014, 12:24:00 AM
Slovenia has only 45 billions and Bulgaria 51 in GDP , but if those two make the same movements as the PBoC made in China you can expect double digits bitcoin price.

Is it that hard for the exchanges to shift their HQ? BTC-E made the shift from Kiev to Bulgaria last year, and nothing happened. Bitstamp can also relocate to some non-EU nation, if the need arises.

They moved with no problems because it was a planned moved , they didn't get kicked out of the country with their funds and ban accounts frozen.

If those two countries do this , it will mean there is no safe spot in the eu for any bitcoin exchange.

The FUD wave will drive the price to double digits in less than 1 hour because in this situation both bitstamp and btc-e would be frozen.

Who is going to support the price?
1331  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MAX] MaxCoin - Alive and Kickin' on: June 17, 2014, 12:20:29 AM

Who gives a fuck about Max Keiser anymore...He pumped and dumped maxcoin, and now wants to do that to his shitty coin, startcoin.

A lot of people here waited for his latest tweets hoping for a revival of maxcoin....


i want to say keiser 1, polar bears 0 ... but it's up to max.   that's what it's always been up to in this regards.., yes?

you're going to hell buddy, and you're going to burn for eternity

At the moment you posted that maxcoin was at 11k

Now ,  2014-06-10 20:46:41   Sell   0.00009528.

Polar bear scores another goal Smiley.

0.00008366

2-0 for the polar bear:)

1332  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [START] StartCOIN - The digital currency for crowdfunding on: June 17, 2014, 12:14:57 AM
Sick of people making newbie accounts to make a new coin. If you are behind your coin and genuine, use your main account for the announcement thread.

There is no newbie behind this coin.
Is the master of scam coins Max Keiser.

Let's see if this coins dies faster than the last failure maxcoin.


Here's a light research article I wrote about StartCOIN. With the big names behind this project it is destined for success: http://www.blockchange.info/altcoins/startcoin-bank-to-the-future/

It's destined to end in the trash can.
1333  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Greececoin (GRCE) - THE IS AIR DROP NOW 1st MAY on: June 17, 2014, 12:06:02 AM
Still alive ?

the dev:

Date Registered:   March 15, 2014, 01:03:24 PM
Last Active:   May 28, 2014, 06:29:43 AM

Seems like this is another failure of the nation coins hype.

I don't know if there is any still alive at the moment.
1334  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts on: June 16, 2014, 11:58:39 PM

Very little advance at qex.la Smiley

But, this is not enough for real  Quark Exchange.

Qex.la should remove  */BC, */BTC, */DOGE, */DRK,  */LTC, */MAX, */NMC, */PPC, */SVC, */XPM and any other idea about QRK/somecoin.  Huh Instead of removing this surplus they added SVC, XPM, Huh

At real "Quark exchange" it should be only (or almost only) */QRK

They should rename this exchange?Huh It is much easier.

Otherwise, Quark will continue to play minor role at this "quark exchange" and price will continue falling.

Is that so hard to understand?

Maybe I am wrong, maybe there is plan to lower the price more.




I will occasionally repeat all of this  Grin



qex.la is an exchange , a private compay.
It's purpose it's to make money out of fees and they will do anything to have more volume and earn more.

They don't care about quark , they care about their income.
They will add even toiletcoin if that will bring a 999 btc daily volume

they used quark fro publicity , nothing else.
1335  Economy / Services / Re: WE PAY FOR SIGNATURE EVEN MORE. UP TO 0.0016 BTCs PER POST. WEEKLY PAYOUTS. on: June 16, 2014, 11:53:28 PM
Well after reading more and more seems more people are unhappy. UpDown.BTc has untill midnight tonight untill I file claims against this for SCAM I have given 3 weeks time for him to give reasons update of missing payments of my posts and why their was no confirmation on signing up to campaign. I will be making a separate thread for this and later linking the topic. If you have yet to be confirmed and missing payments too I will be making a forum you can fill in and the data will be live for admins and mods to read though and confirm data and members if they wish to do so.

Don't bother, I have a feeling that UpDown.bt will return on July 5th, the payment date, and pay everyone (or most people).  I guess taht's how he decided to work,  why he functions that way is a mystery to me.  But I am biased, I've received all my payouts Smiley

Well in all honesty hes being very selective on who he is paying and has had 3 weeks almost to sort my problems out and he was well aware on the 5th when my payment was due as I made posts before he did his and after and didn't bother to answer. Running it the way it is is way out of order and in all honesty I doubt he will be back after the first 4 weeks payments as its almost day 12 hes not been on-line for and use to pop in every few days with news updates and stuff now hes doing nothing. has many people to be confirmed on this too and not confirmed.

If you want me not to do this then am open to payment of full money owed to be sent. And in return I will not do as instructed plus return it if pays. Having said that am already halfway though setting up forums and data captch and thread creation. If he does come back and does pay then am more than happy to remove trust rating and close topic on it. Until I am paid in full for outstanding advertising for campaign then proceedings will remain.

I'm actually very curious to see what updown.bt has going around in his mind o.O
I mean, he has spent $25000 USD donating to the bitcoinfoundation, for his site.  And the site itself must have costed a lot of time and effort to make.  I don't think he'll risk all that for a simple signature campaign... it would be a complete loss on his side, and it would jeopardize his entire business.  Weird, huh? o.O

Let's assume he isn't making profits

1) He quits , never pays > bad reputation >shuts down the website...loses 25k not counting the rest

2) He pays for the sig campaing , keeps his name and website reputation clean and sells it along with the gold medal for at least 75%  of what he spent it

Wouldn't you choose option 2? I would.


1336  Bitcoin / Pools / Re: GHash is at 48% WTF on: June 16, 2014, 11:47:46 PM

The total computing power of the NSA and its Five Eyes friends could take BTC down at will, the total BTC market cap is about 25% of Exxon's annual take and you guys are worried about GHash hitting 51%.    Huh Huh 

Do you have some numbers about the hashpower the nsa has or you're just posting to let others you have heard a few conspiracy theories ?
1337  Bitcoin / Bitcoin Discussion / Re: MINERS UNITE! Block the FBI coins. Do not fund violent underground organizations on: June 16, 2014, 11:44:36 PM
Sad that more than 17% of people don't understand that the whole point of Bitcoin is that it is fungible and DOES NOT GET BLOCKED.

This is a terrible precedent.

Seems like the number of people who don't get it is growing :

Yes, block the coins!   - 27 (20.5%).
If they aren't trolling , It's not a good sign.

The last wave of adopters seems to have brought a few extremists with it.

You should note that this is only 27 people. The other choices are really not much better then "yes, block the coins"

This is certainly not a scientific poll.

We had the same kind of poll last time when the fbi seized the coins.
That time there were also a lot of people who asked for the pools to block the transactions from the fbi address and to make the coins un spendable.

I thought people have learned that time that it will hurt much more bitcoin than the government.
Seems like I was wrong.

27 votes again out of 130 it's a bit too much from my point o view.
1338  Other / Politics & Society / Re: Your view on shale gas exploration ? on: June 16, 2014, 11:39:19 PM
Think we should keep that shit in the ground, with technology these days we should be able to generate enough energy from solar, wind and tidal power.

You can't replace gas with solar energy in fertilizer plants , glass, plastics and many more.
1339  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts on: June 16, 2014, 11:33:41 PM

You are rewriting history. The 15,000QRK was quoted for some magnificent Quark pool that still hasn't materialized and I'm sure never will.

I quoted 500QRK to get the pool for the foundation up and running. James was a bad leader who knew how to do proper design (though I did find out he didn't even know basic CSS) and it would've been up in under 24 hours and running back when the price was 8-10c per QRK. He chose MatrixFighter and a pool was opened some months later.

The thunderclap did nothing. Shaq Fu details are cloudy and uncertain.

Quark holders need to be open to different opinions of Quark, rather than just towing a line, or throwing stop-think labels on any perceived threats to Quark. Criticism unto itself is not a bad thing and both individuals and communities grow by virtue of their constructive use of it. This was warned from the very beginning and already disagreeing opinions or negative facts are hidden/removed from public view.

quark payments - failure
quark market - failure
thunderclap - nothing more than a f**t
foundation - failure
multipool - ended like a swamp
shaq fu - lost in the mist

and quark is going to place 17 according to coinmarketcap

1340  Alternate cryptocurrencies / Announcements (Altcoins) / Re: (c ͡|Q ͜ʖ ͡o) [ANN][OPC] OPEC Coin POS stage, 2% per month. TipBot here! on: June 16, 2014, 11:23:13 PM
You really need go out more. You probably have no clue about how life is in other countries.
Man, I work with oil and gas exploration world-wide. I've seen as much as you can imagine, and more!  Grin

I doubt it;)

Why the dollar?
Because you can use the dollars almost everywhere in the world.
There are countries where you can get stuff cheaper and faster is you pay in dollars that in the national currency.
..and that's usually the most corrupt countries.
The countries we should help!

You can;t help a corrupt country by changing the currency.
The roman empire was corrupt to the bone while using gold not fiat money.

Because the dollars is backed by something , the us army. And with that behind it , it doesn't need anything else not gold not oil nothing.

In order for the dollar to fail the us must first lose it's military supremacy.
That's a very good reason for not supporting dollar, as it works the other way as well. The OPEC countries and Russia and China all knows that. It's only a matter of time before they find a good alternative, and cryptocoins might be a good source of inspiration for a global standard in such way that a single country can't manipulate out of debt by use of inflation.

China?china and cryptos? LMAO
Russia and cryptos ? ROFL.

Do you follow the news?
Countries that control their currency won't embrace anything else.

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