Enough with the joke coins already. No Doge is not a different animal. You do not support Wikileaks, EFF, or anything serious for that matter. Where was Doge during the Typhoon in the Philippines? How many homeless people did dogecoins feed in the last few years? Where is the Doge 100 list of charities?
Sadly, if dogecoin was actually takes seriously, it would also be used by criminals because that would mean it has actual value. Dogecoins are today's Garbage Pail Kids of the cryptocurrency toyland. Enjoy the laughs while you can.
Do you need a hug? Down, boy! Sit. |
|
|
|
DOGE
We're not DOGE.
We're a a whole different animal entirely.
I like DOGE because of the fundraisers. In fact, this is the only reason I own any DOGE.
Enough with the joke coins already. No Doge is not a different animal. You do not support Wikileaks, EFF, or anything serious for that matter. Where was Doge during the Typhoon in the Philippines? How many homeless people did dogecoins feed in the last few years? Where is the Doge 100 list of charities? Sadly, if dogecoin was actually takes seriously, it would also be used by criminals because that would mean it has actual value. Dogecoins are today's Garbage Pail Kids of the cryptocurrency toyland. Enjoy the laughs while you can. |
|
|
|
|
That's far more aggressive exposure to Bitcoin than I would ever recommend. Well, besides the fact that I am selling my house and buying more bitcoins but tell people to not be like me because I am crazy.
|
|
|
|
I was just skimming through very old threads, its amazing how people used to talk about 100-1000btc (or more), like it was nothing. I hope for their sake they held on.
Hopefully in two years they'll say the same about "people who own 1 or more bitcoin" Will crypto win over fiat? Is BTC the winning crypto? As long as the answer to both of these questions is positive, just hold any number above BTC1 and you will be rich, and anything over BTC0.1 will be doing well, anything over BTC0.01 is above average, since the average guys will have BTC0.001 or less. It does not matter at all how much fiat someone has, until he buys BTC with it, he will have none. I was just thinking that at some point this logic (that even BTC1 is hugely valuable) should become widely known. It hasn't crossed that line yet though. The sentiment still seems to be that it is somewhat risky and highly speculative. When will the masses see the value in holding 1? I suppose this "knowledge" will be shown in the adoption rate but there might be a tipping point where it becomes more clearly obvious to a larger number of people. That's an interesting question. How long before the fringe elements trend becomes trendy with the masses? The hippie counterculture movement of the 1960's really started with beatniks in the 1950's. Most historians agree that beatniks officially became hippies in about 1967. LSD was considered their Bitcoin and was supposed to be a tool for transforming society as a whole. As with most things trendy the movement began in and around San Francisco (like Bitcoin - even DPR was captured in SF). Psychedelic rock and the hippie movement really took off with Peoples park, Woodstock and Altamont which all happened in 1969. By 1972-75 all of us were wearing tie die and saying "the MAN got you down well fuck the Man!". By mid 1980's or so Starwood Festival and Burning Man were continuing on the tradition but it was still a fringe group of people and the original hippies were all yuppies and joined mainstream business. In other words, they all became "the MAN". So mass adoption of a trend because it's cool, let's say, from 1950-1975, 25 years give or take. Did the trend of my generation change the world? Meh, let me just say, I'm still waiting for the Age of Aquarius. lol Yesterday's cypherpunks were the brightest burning embers of our hippie movement. Bitcoin's mind-expanding properties are now the hipsters drug-of-choice. Today's Libertarians are tomorrow's late-night Pitchmen. The Age of Aquarius may be a long way off, but the dream is still alive. |
|
|
|
What's suffering about the protocol?
I don't think there is anything critical, but something needs to be done about transaction malleability someday, maybe they can make it a feature instead of a bug somehow. Colored coins need integration into the protocol in a way that it doesn't excessively bloat the blockchain. What is really needed is good communication between core and ancillary development so we don't get the issues Mastercoin encountered. And when I say communication, that also means money. |
|
|
|
|
In theory it would be easy.
1. Buy all the gold in the world.
2. Release a coin and back it with your gold.
3. Trade your gold for the coins that they mine.
4. Profit?
|
|
|
|
Only see bitcoin good to send money abroad.
Women usually end up with the money anyway. |
|
|
|
lol... I miss the calculation .. I suck at math really.. xD
By the time you make that much, you will be hiring people to do that for you. |
|
|
|
|
6dollarshirts.com accepts Bitcoin. Instead of your own site, you might get more exposure for your designs by partnering with an established business. They also have design contests with cash prizes.
|
|
|
|
|
People need to realize that bitcoins are stock in an open source enterprise and not just a speculative oddity.
|
|
|
|
Greed would destroy it. People would jam their competitors bandwidth to get more money.
When you have to pay for the bandwidth you use, and your competitors get paid for providing that bandwidth...how would people be able to jam their competitors bandwidth? I use the term "jam" figuratively. Someone will find a way to throw a monkey wrench into the system. Look at ASICs and mining pools. |
|
|
|
|
Bitcoin will make investing directly into assets much easier without going through brokers and fund managers. Hopefully the popular business model will be operational transparency; and profitability will no longer be dependent on accounting tricks. People will invest in their neighbors and support their communities. There will still be some risky investments, but Bitcoin could bring about a new "Builder Generation."
|
|
|
|
This will be an invaluable service for artists. Using a token to authenticate an original work ensures its authenticity and ownership through a blockchain embedded chain of custody. |
|
|
|
Just as long as I get to create the Captchas, I'm down with it. Of course, I will be the only one able to solve them.
The creation of the captchas would, of course, be built into the program. There would always be those few who would believe in it, just as every altcoin has its believers. So, once created, it would grow at least for awhile. I'd do it just for fun, but I am not that big of a programmer. Somebody, with additional ideas just might think of and add the thing that would make CaptchaCoin have the flair that would grab the whole Bitcoin community, and later, the world.  You will end up with either Hashcash or Bitcoin depending on the algorithm used to create the Captchas. |
|
|
|
I'm writing this off the top, so you are going to be able to find all kinds of flaws in this idea, but here goes. How about a new crypto called CaptchaCoin, that starts out with zero coins in it. There is no mining as we know it. Rather, the mining end is set up like a captcha, yet a captcha with extremely random settings, so that it is as close to TRUE random as possible. It would work like this: 1. You launch the CaptchaCoin program on your computer; 2. You go to the CAPTCHA screen in the program; 3. You type in the long captcha that you read on the screen; 4. If you typed it correctly, when you hit ENTER, you get a coin; 5. A new captch pops up on your screen, and you start typing again; 6. Coins are loaded into the non-Bitcoin blockchain, in Bitcoin fashion, added to your CaptchaCoin address, upon Internet connection. If you want to become rich, you need to learn how to type faster, and how to talk friends and family into working with you on the captcha project. Your kids can type while you are at work, and you give them a percentage. 100% inflation is automatically built in, because the more coins are captcha/created, the less all of them are worth. The more people who work the program, the less your coins are worth. Because of this, you need to trade your coins off frequently/regularly for gold, or land, or cars, or fiat, or whatever, just so there won't be loss due to the built-in inflation. This kind of coin would cause everyone in the world to be in competition with everyone else. Competition makes for popularity and fame. Might even be able to make audio captchas for the deaf. Because it is easy to mine, there would be no end to the numbers of people who would want to join in. Yet the captchas could be built in such a way that it would absolutely take a human to analyze them. Government couldn't stop it in any way, because people would run right around ALL governmental authority, one way or another. There would be no advantage to storing (hoarding) the coins. Their value would drop continually if you didn't trade them for real products of one sort or other. Bitcoin wouldn't die, at least not right away. So, CaptchaCoins could be traded for bitcoins. Soon fiat would be entirely out of business. Trade would abound because of the inflation factor. The whole world picture would change. Now, some of you thinkers and gurus, take this idea and work out the flaws, and program it into reality. But do it fast, because if you don't, somebody else will beat you to it. EDIT: Hey, it took Satoshi years to develop Bitcoin into a working operation. He needed the help of the devs. Something like CaptchaCoin won't happen overnight, even though it could be built much faster than Bitcoin, because we have the Bitcoin pattern to follow. Just as long as I get to create the Captchas, I'm down with it. Of course, I will be the only one able to solve them. |
|
|
|
it doesn't matter that ghash.io as a company has no benefit from and therefore no interest in a 51% attack. behind the company are people and you trust these strangers that they care about ghash.io's and bitcoin's future. it only needs one pissed ghash.io employee and bitcoin has a serious problem.
compare it to absolute poker's and ultimate bet's super user scandal back in 2007. the companies had no interest in cheating their customers. a few people inside the company had an interest and didn't care at all what their behaviour would mean for the companies or online poker.
Are you saying people don't play online poker anymore? Sure, MtGox cheated customers, but all it did was make other exchanges more responsible. If a pool cheated customers, people wouldn't use that pool anymore. The pool operators better watch their employees just like poker companies watch theirs. Of course there are other cryptographic solutions as well. They will sort out this issue eventually. Your average miner is not too bright. GHash.IO was already caught cheating (see the thread below), but they are still the largest BTC mining pool by far. If miners has any common sense, they would not support a pool that was already caught red handed cheating. https://bitcointalk.org/index.php?topic=327767.0The problem isn't the mining pools, it is user error. It is a special case where high risk behavior pushes the technology too far. It was entirely preventable if gamblers were willing to wait for additional confirmations. |
|
|
|
Greed would destroy it. People would jam their competitors bandwidth to get more money.
i fully agree d  instead of a transaction going from capetown to eastern russia, where 200,000 people get a satoshi each. 5 super nodes (one per main country on the route) would share out the 0.002btc between them (0.0004btc each). Meshnets would probably work fine when the endpoints are in densely populated areas. Monopolies would still own rural networks and take a big chunk of the revenue. |
|
|
|
|
Greed would destroy it. People would jam their competitors bandwidth to get more money.
|
|
|
|
Mega miner coming around 2050, my bet. It will happen, matters when
I'm picturing Spaceballs sucking all the bitcoins off the planet. |
|
|
|
|
Show Posts
