where can I buy?
Please read the thread! Just get your own wallet if you are in Europe. If not, this coin is not for you. Since there is no mining you can't get coins unless you are in Europe. This is a great innovation! |
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you see, 200k coins are currently mined every 50 days
it's not even that much
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Buckle up, big announcement coming in 24 hours!
Let me guess ... you can be a part of this through an IPO? Are you located in Europe? If not, please don't spam the thread. If you are, welcome aboard, just click the link to get your cloud wallet! another premined ipo scam
also this is the fourth europe coin, lame
There is no mining, so there can't be premine. Please read more carefully! This is not the fourth Europe coin, no. It's on July 4th. Are you from China? Please only post if you are from Europe to keep the thread clean, thanks! |
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Appreciate the detective work. Assuming you are correct, what should bitstamp do about it?
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Buckle up, big announcement coming in 24 hours!
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The propositionBitcoin transactions take 9 minutes to confirm. We are still testing what is doable, but 0.3 - 0.4 seconds block time seems best. You get 2 to 3 confirmations per second. AlgorithmProof of work or stake is not needed because blocks are so fast. LocationThe coin is for Europe, to help it's banking system. Airdrop on July 4th, US Indepence day, because only Europeans get it. PoolsNo Pools, no Mining client, as we don't need mining in this revolutionary coin. DownloadNo Wallets to download, only cloud wallet. Get it here.Number of CoinsZero Premine! Zero Mining! But we distribute the coins to all Europeans. Just click the link to the wallet with a European IP. Every new citizen also gets coins, just click the wallet. Please vote on cryptsy: EURCOIN (first 7 letter abbreviation!) |
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currently there is 2m worth of BTC mined per day. 150m isn't that much honestly.
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And people are saying a 51% attack by a large entity is not possible, yet the rate doubles every 50 days or so
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market cap is a simple measure. it's useful for some things, like comparing two companies, while not useful for other thins.
The question is, what do you want to know?
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Define what an actual market cap is supposed to suffice.
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OMG wtf 2% change in a day no what is causing this mayhem
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Currently the maximum growth of the BlockChain is
1MB per block (hard limit)
1 block per 9 minutes (average mining time with increasing speed of the network)
-> 1MB/Block * 60/9 Block/hour * 24 hour/day * 365 day/year * 1/1024 MB/GB = 57 GB/year
This is a lot of data, but then again it's surely not a crippling amount of data. You can just use a small server as a node, or use an old hard drive in your desktop PC. Plus storage is still getting cheaper.
The 1MB hard limit should be raised eventually though to allow more transaction per second. Then we might run into the real scalability problems. But it's a few years into the future, for now bitcoin is fine.
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I have tried to understand Ripple more than once but I can't seem to find a good explanation of it. Like technical explanation without code.
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good thing it can't get your identifier and won't display 2FA (or does it query real BC in real time and ask for 2FA?)
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maybe rich people will go to the moon as it's safer than earth
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Another reason to stick to cryptocurrencies. Everyone has the same available information. I think cryptsy and alike are in a position of manipulating the market like crazy. Surely this is part of cc space. |
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There is a minimum, 6800 Satoshis or so. Here you go: Any transaction with any of its outputs less than 5430 satoshis (0.00005430 BTC) would be classified as non-standard, and will not be included or further propagated across the network by default miners. You can still send raw transactions or use a wallet which supports them, but they might not make it anywhere. |
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