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1961  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the next $1 Billion Blockchain? on: May 04, 2016, 09:44:23 PM
I voted for Vcash


1962  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 03, 2016, 11:21:22 PM
... It is too late for GUI wallets to make any impact anymore. ...

XMR is 2 years old, so it is unbelievable that it still has any value; when are the bagholders going to grasp the futility of the project, going against such odds after such a long time ??

It not only has value, it has more value as measured by market cap than at almost any time in its history (treating the recent peak and current as a single observation since they are both higher than previous peaks). I'm not aware of any other 2+ year old cryptocurrency to which that statement applies, except Bitcoin somewhat.

EDIT: fixed the quote attribution
1963  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] JAMBOX - The Social Distribution Network on: May 03, 2016, 09:19:19 PM
When is ICO?

Wink
1964  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][STEEM][POW] - NO IPO | NO PREMINE | NO INSTAMINE (relaunch) on: May 03, 2016, 11:23:18 AM
Whenever I have to stop steemd and restart it, I run into this error:

 10 assert_exception: Assert Exception
hardforks.last_hardfork <= STEEMIT_NUM_HARDFORKS: Chain knows of more hardforks than configuration



And to fix it, I need to start steemd with the flag --resync-blockchain and wait for the whole blockchain to resync.

Is there something I can change in my config.ini to avoid this?

You can use --replay-blockchain which rebuilds the database locally instead of syncing over the network. Other than that, wait for a fix.
1965  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 03, 2016, 11:12:20 AM
If a Monero mining bubble happened, the second it became extremely profitable, some ass that works at Dell or somewhere would turn his entire building into an after hours mining farm and completely destroy the marginal cost structure.

You are completely confused about the scale of things. Even at the current price, mining is the equivalent of 70K high end desktops. A building at Dell, etc. would be a drop in the bucket, even more so in a bubble environment when mining would get much, much bigger.

In fact if you look at power usage figures we're in the mid range of a Top 10 supercomputer now, which is a pretty good indication there is no centralized resource (or at least very few) that would overwhelm the network, especially during a bubble.
1966  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][STEEM][POW] - NO IPO | NO PREMINE | NO INSTAMINE (relaunch) on: May 01, 2016, 09:05:21 PM
POW is over

POW is not over, in fact it is easier to mine than ever, probably even taking into account the reduced mining rewards. The difficulty is down by a factor of 100 or so; the rewards are only down by a factor of 40. Get in there and mine. One regular desktop will get blocks very regularly now vs. taking days before.

What does put some people off is that you mine for Steem Power (the Tokens Formerly Known As VESTS), not liquid STEEM. So, while you can mine yourself into a nice long term stake and extra voting power on the site (which will translate into content rewards), you can't just mine and dump like most coins.

Mining guides:

https://steemit.com/steemhelp/@joseph/mining-steem-for-dummies
https://steemit.com/miner-category/@clayop/steem-miner-setup-in-ubuntu-15
https://steemit.com/steem/@testz/how-to-improve-steem-mining-performance

EDIT: added guide links from replies
1967  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: May 01, 2016, 07:34:48 AM
If dooglus decided not to stake 24/7 then I think a lot of people would reevaluate whether or not we want him staking our coins for us.

Maybe not a bad thing


From my point of view not bad at all

Thought experiment:

From your point of view what would change if instead of 1 entity staking 85% of the coins we had 100 entities each staking 0.85% of the coins?

Your share of the coins is the same in both cases. So how does it affect you at all?

What if the JD coins were split up into 100 separate wallets? Better? Worse? The same?

100 wallets controlled by the same entity is the same.

100 wallets controlled by 100 independent entities makes the coin far more secure, and gives it the possibility to be taken seriously by more people who dismiss it now, and with good reason.



1968  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: April 30, 2016, 09:41:51 PM
If dooglus decided not to stake 24/7 then I think a lot of people would reevaluate whether or not we want him staking our coins for us.

Maybe not a bad thing
1969  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: April 30, 2016, 12:06:50 PM
Guys, is it time to sell off my current Monero (which I bought when it was like $1.50 each) or time to buy more? They've gone real cheap these days.

You can get many opinions over on the Monero Speculation price talk thread but when it comes down to it you still need to make your own decisions.
1970  Alternate cryptocurrencies / Altcoin Discussion / Re: What is safe POW or POS? on: April 30, 2016, 11:13:30 AM
@kiklo

I only read the first post of the thread and didn't see the comment about high temperatures and no air conditioning. Agree that >95F is out of spec even for most well-designed computers.

Do not mine in such an environment (nor rendering, etc.)


1971  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: April 30, 2016, 10:55:56 AM
unnecessarily big text

Dude... chillax.
It's simple math: Bitcoin block time of 10min@1MB blocksize results in 7tps, thus Dash block time of 2.5min@1MB blocksize results in 28tps.

Being increased to 2 MB right?
1972  Alternate cryptocurrencies / Altcoin Discussion / Re: What is safe POW or POS? on: April 30, 2016, 09:58:59 AM
I saw some reported here that they are mining altcoin in their laptop but the result the plastic cover on the back of the laptop is melting..

If you have a crappy, poorly designed laptop, then yes it may overhead and result in damage. That will happen whether you are mining or rendering or training neural nets or anything else that computers were invented for.

Don't buy crap.

1973  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DSH] Dashcoin (Cryptonote) UPDATE: New source/wallets+GUI - 1.0.10 on: April 30, 2016, 09:53:39 AM
Funny thing, Macrochip, despite all those heavy-handed attempts by Evan & Co to kill Dashcoin, it is still here, going strong with a dramatically higher market cap than last year, and just had a new update a few weeks ago.

It turns out you taken by slb, and bought nothing more than a worthless, now abandoned, repo. Boo, fucking hoo.

DSH - The real Dashcoin
1974  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: April 30, 2016, 09:48:25 AM
And btw there is no "first taker of X letters ticker has exclusive rights forever" rule in crypto imo.

There is no exclusive rights forever rule for anything anywhere, but there are issues with trademark law, which does recognize that the first and continuous user of a distinctive mark (whether registered or not) has enforceable rights. Now btc-e is basically a rogue exchange that operates on the gray web and does whatever the hell it wants, so I expect nothing different.

But if another exchange -- say one that is going out of its way to try to be legally-compliant -- wants to pick up Dash, they will probably want to avoid behaving in a similarly rogue manner.



lol, we own the trademarks. weak FUD smooth.
plus we own the original dashcoin git.

LOL no. You wasted your money buying a github repo.

A decentralized community is not something you can buy. There were and are many people beside that slb idiot (or maybe not such an idiot, since he did get money for nothing out of you guys) who were and are active and non-infringing users of the trademark as members of a decentralized collaborative effort. They all have trademark rights, and all but one of them did not agree to any sort of transfer.

But we covered this way back when, so no need to repeat the whole discussion.

1975  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: April 30, 2016, 08:44:08 AM
yep i also think there should be giveaway of some part of this - some contest or.. just giving to Legendary members Smiley))))))))

I'm not sure if you're joking or not, but they're not mine to give away. The coins are owned by hundreds of different people.

I originally thought that too, but then I realized such a suggestion is so absurd, he must have meant a giveaway of new coins in order to dilute that massive just-dice stash. I explained why (I think) that won't work, even if there were a chance in hell of it happening, which there isn't.
1976  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DSH] Dashcoin (Cryptonote) UPDATE: New source/wallets+GUI - 1.0.10 on: April 30, 2016, 08:41:08 AM
Whether or not it will have any short term effect, I still urge all members of the Dashcoin community to contact btc-e and request that they stop creating confusion by using Dashcoin's DSH ticker to identify another coin.


This is exactly what i have proposed to a Dashcoin community member, but it got rejected:


congratulations for your coin being added to BTC-e

[...]

DSH is Dashcoin's ticker symbol

Thanks for the heads up, we did not notice this yet. Must be a typo. Could you please report it to BTC-e support?


I am afraid, that their system is only capable for 3 char tickers. Like it was the case with bitfinex in the past.

why me?? it is your coin written in another coin's (Dashcoin's original since July 2014) ticker symbol ..you should be concerned...or you really want DSH ticker symbol ha??  Grin well tough luck my friend Dashcoin isn't going anywhere.


I just asked why me?? ... it is not rejection, It seems you wanted your DASH (darkcoin) to be called DSH hmmm.

how about we both ask BTC-e? ..fair enough? both our coins are misinterpreted..makes sense we both do something about it, right?

I have already reported it to btc-e yesterday. Sad to see you did not yet, since this typo is surely creating a lot of confusion for your community...

It is certainly not causing confusion here. Everyone here knows the real and original [DSH] dashcoin from the copycat. What it may do is create confusion among others, which is why btc-e should stop using the wrong symbol. Thank you for your assistance in asking them to fix it.

1977  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][STEEM][POW] - NO IPO | NO PREMINE | NO INSTAMINE (relaunch) on: April 30, 2016, 08:05:15 AM
"Unable to parse private key" looks like a problem with your config file.
1978  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: April 30, 2016, 08:00:28 AM
Those so-called idiots outnumber your VCs and they are risk averse.

Anyone who is risk adverse would have a portfolio of something like 25% physical cash, 25% metals, 25% land/rental properties, 25% btc.

LOL no.

BTC is like a 1000-1 (or more, possibly much more) shot on becoming a world reserve currency, perhaps overlaid with some value as a medium of exchange for dark(-ish) markets (and I guess for altcoin speculation too, as long as that survives).

There is nothing risk-averse investing about that, though a much smaller weighting might be consistent for diversification, and indeed given the potential upside of BTC a smaller weight will still produce very nice returns in the good case.

This is not say that 25% BTC is a terrible idea (I have less, but not a whole lot less, but then again I'm not so risk-averse), just that it isn't risk averse.

Likewise for alts.

My statement was made with the assumption someone had equivalent crypto knowledge as myself and knew how to operate things like a stop loss.  Much of that risk just disappears unless you're imagining a scenario where the underlying cryptography fails, or quantum computer comes out of the blue and rewrites entire chain.  I wasn't really talking about 90 year old women buying BTC.  As for admitting, as Smooth, you have less than 25% in BTC, you disgrace village...very dishonorable.

In other news:  Bitcoin war on Overclock.net declared

https://bitcointalk.org/index.php?topic=1455145.0

Bitcoin has already demonstrated its ability to drop by 90% and (partially) recover. If you are overweight, think about what that means to your ability to accumulate lower.

I have under 25% now, but in the event of a substantial drop, I may well end up with more coins than someone starting with a higher weight now. If that never happens and the 1000x event happens first, I'll still be fine.

Granted you may be actively trading and planning on stopping out before taking a big loss, sure, but that whole approach is still not really "risk averse" as I would consider the term (in the sense of owning 25% metals, 25% land, etc.)
1979  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: April 30, 2016, 01:26:38 AM
What good would a giveaway do, if it were evan a viable option? People would probably dump their giveaway coins to others who would invest them on just-dice, possibly invest them on just-dice, or gamble them on just-dice and lose.

1980  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: April 30, 2016, 01:02:28 AM
Those so-called idiots outnumber your VCs and they are risk averse.

Anyone who is risk adverse would have a portfolio of something like 25% physical cash, 25% metals, 25% land/rental properties, 25% btc.

LOL no.

BTC is like a 1000-1 (or more, possibly much more) shot on becoming a world reserve currency, perhaps overlaid with some value as a medium of exchange for dark(-ish) markets (and I guess for altcoin speculation too, as long as that survives).

There is nothing risk-averse investing about that, though a much smaller weighting might be consistent for diversification, and indeed given the potential upside of BTC a smaller weight will still produce very nice returns in the good case.

This is not say that 25% BTC is a terrible idea (I have less, but not a whole lot less, but then again I'm not so risk-averse), just that it isn't risk averse.

Likewise for alts.


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