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1101  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 07, 2014, 03:54:49 PM
Is there something... wrong with bitfinex? I notice people were talking about how it might not be legit? I can't login, .

Ive just logged in fine.

In what sense can you not log in. Wrong password? Cant get to the login page ?

Try to log in, says wrong password. Try password reset, says wrong email. Made a test account. Doesn't llook like you can change yur account email, so a hacker couldn't have done it. IDK wtf is going on, pretty worried.

You 100% you definitely are trying the correct email?

Email Gian Carlo, Im sure everything is fine, if you have 2fa and email withdrawal confirmations I wouldn't be too worried.

 giancarlo@bitfinex.com 
1102  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 07, 2014, 03:50:42 PM
Is there something... wrong with bitfinex? I notice people were talking about how it might not be legit? I can't login, .

Ive just logged in fine.

In what sense can you not log in. Wrong password? Cant get to the login page ?
1103  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 07, 2014, 10:26:24 AM
Note to bears. The market can remain optimistic longer than you can remain solvent Wink

Same with the bulls though, no Wink Market can remain pessimistic longer than you can remain solvent.

Infinite supply vs. limited supply.

Ai, but who can remain solvent long enough to test those bounds ? I gather we're talking about being leveraged as a bear can remain solvent for an infinite amount of time without it, as can the bulls but maybe less so due to borrowing fiat from other areas of their wealth.

Anyway there's a reason the saying goes "the market can remain irrational longer than you can remain solvent" and doesn't substitute irrational for pessimistic or optimistic.
1104  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 07, 2014, 10:12:08 AM
Note to bears. The market can remain optimistic longer than you can remain solvent Wink

Same with the bulls though, no Wink Market can remain pessimistic longer than you can remain solvent.
1105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 07, 2014, 09:56:18 AM

'dreamspark' - unable to comprehend innovation. Spot the irony, eh?  Tongue



Nowhere did I say it wasn't innovative, I rode the DRK train... The initial innovation is what got the price so high in the first place.

This is about future prospects in regards to price and my opinion is that with all the anon competition and also the big drop in price that 0.025 won't be visited again, particularly if BTC rallies.
1106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 07, 2014, 09:52:42 AM


The difference between LTC and DRK is LTC not bringing anything new to the table over BTC. The decreased block generation time, increased maximum number of coins, different hashing algorithm are tiny improvements. The coin only gained value due to ASICs entering the race. It was a save heaven to the miners that could no longer get a ROI.

DRK is bringing a lot to the table. Darksend, Masternodes so far, and it's still open to hardforks if major changes are needed/planned. This is a massive thing that differentiate it from LTC and BTC, both of which are against hard forks. This means we can still make ground breaking changes to the coin where LTC and BTC are as is.

Yep, all that is true, don't get me wrong I'm not championing LTC in the slightest I sold all of those months ago and I said above I think its dying. LTC doesn't offer a lot over BTC but at the time of its creation it did. It only looks like no real advantages in hindsight due to all the features the new alts have.

I'm also not arguing that DRK's features aren't desirable at all or that at least at the time it was one of the first cryptos to go after anonymity, what Im saying is that I don't see it going back to 0.025 and definitely not if BTC goes on a major rally. As said, my opinion.
1107  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 07, 2014, 09:28:30 AM

You're talking nonsense. I was talking about the age now you switch to other random information that everyone should know by now.
Nice argument.

I have no interest in arguing with you, literally 0. In fact I'm not even sure what your argument is, compare the age of BTC, LTC and DRK is not a valid argument as to whether the coin will increase to its ATH again. That only holds water if you believe that it has the longevity of BTC and LTC and I provided reasons why I dont think it does (see first crypto, first accepted alt), the "other random information" are real arguments as to why it may not go to ATH again or has a long life ahead of it. In reality the fact that I think LTC is also dying doesn't really do your argument much favours either if such an old coin can dwindle away. Yawn, the alt section is littered with exactly these sorts of comments "Don't worry the coin is still young compared to BTC".
1108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 07, 2014, 08:44:58 AM
What?? Bitcoin isn't going to $4000 anytime soon. Did you not know that a trading bot for MtGox made the price go to even $1,200? It was buying Bitcoins with fake cash on the exchange through a loophole every 5 minutes, that's what made the price get so high....With Mtgox gone, don't expect Bitcoin to go over $1,000 for a long time....it hasn't even begun to become mainstream yet.


Do you even know how much trade 'Willy' did during that period compared to the global market? It was a small percentage of gox' trade and gox was a percentage of global trade. Funny, everyone after November were screaming from the rooftops that we were doomed due to China "banning" Bitcoin and the whole rally was lead by China, yet a few weeks later the same people say were doomed as it was all gox' leading. Make you mind up.

It is likely that "Willy" was just an account for high value clients that would not want a few million sitting in a customer account waiting to be hacked. Even if its not, the effect Willy had on the global market was small, if any, and its asinine to try and attribute a prediction that BTC won't go above $1000 for a long time to that.
1109  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 07, 2014, 08:32:12 AM
What happened with de darkcoin price, do you think the price will rise to 0.2 ??
Relax. Don't look at the price short term. The coin is still very young.

Not really, in the crypto world its quiet old. Coins come and go, get pumped one or two times and then die, RC4 wont save this coin, too much competition and not unique enough. I'd like it to go back up, Ill buy some if I see any signs of that happening but a slide to 0.007-.008 is inevitable.
You have no idea what you're talking about.
Compare the age of BTC and LTC to DRK. Have fun.

First movers advantage, BTC as the first crypto and LTC as the first accepted alt.

Find another alt that has pumped, crashed ~60%. Then sustainably risen again (Not spiked). Not to mention one thats main feature is better implemented by other tech. Have fun.

You don't have to agree, as a holder I don't expect you to, doesn't make my opinion any less valid.
1110  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 07, 2014, 08:20:24 AM

Why would you come to the conclusion that its LTC bagholders and not just people who couldn't care less about you promoting Quark...
1111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment on: July 07, 2014, 08:16:45 AM
What happened with de darkcoin price, do you think the price will rise to 0.2 ??
Relax. Don't look at the price short term. The coin is still very young.

Not really, in the crypto world its quiet old. Coins come and go, get pumped one or two times and then die, RC4 wont save this coin, too much competition and not unique enough. I'd like it to go back up, Ill buy some if I see any signs of that happening but a slide to 0.007-.008 is inevitable.
1112  Economy / Services / Re: XBTec ASICs. We pay for signature. Weekly payouts on: July 05, 2014, 03:46:45 PM
If so you are personally still waiting for payouts from last Tuesdays PM's? Correct ?

Cheers

That's correct, but do not get me wrong: i'm not angry with XBTec, just disappointed to see that they are prioritizing the joining of new users instead of sending payments to enrolled users that are waiting for days.

Thats understandable, however XBtec and I had been in contact regarding a few things since the beginning of his campaign so just giving me a yes to joining would have taken 0 time compared to organizing funds, sending payments etc. Like I say, understandable but no prioritizing will have had to take place and I have no doubt payments will be sent ASAP.
1113  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 05, 2014, 03:33:55 PM


That's exactly one of the tricks.

Party A holds 1M coins and earns a 1% annual PoS "stake."

Party B rents those coins from party A at an equivalent of 3% annual return.

Thus, for a cost of only 0.25% * 51% = 0.000125 of the existing money supply (let's take XMR as an example - that's $525 USD right now), an attacker can mount a 51% attack for a month.

Man, with that kind of opportunity, I should go write some code...

(The other person who asked about subtle attacks:  Just don't orphan everyone's blocks all the time or hold up transactions for too long.  But you could easily do things like stopping all deposits into an exchange for an hour or two in order to manipulate the price, if you were so inclined...)

Ill admit I misread the question somewhat particularly after entering the conversation after the POS vs POW was in full flow. In regards to renting someones coins I was thinking more in terms of staking for coin profits rather than in regards to 51% on the network.

Continue people Smiley
1114  Economy / Services / Re: XBTec ASICs. We pay for signature. Weekly payouts on: July 05, 2014, 03:29:13 PM
Starting Posts: 2115

Address: 16hRptrzQS8J2Fe3YdLCA19npERQhxjCmt

As per PM with XBTec.

It's great that XBTec is continuing to add new members, but OP, you should do that after have taken 5 minutes of your time to pay who is already enrolled in this campaign...  Roll Eyes

Hmm I wasnt aware of any payment issues I thought they were planned for today/ tomorrow?

As I understand it, PM's are to be sent to yakamoto on a Tuesday for the payouts which are on a weekly basis, is that correct? If so you are personally still waiting for payouts from last Tuesdays PM's? Correct ?

Cheers
1115  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 05, 2014, 03:17:56 PM
Could a PoS miner "rent" coins from a hoarder to simulate that he has the required stake, without actually having it?

Pure PoS coins don't have miners in the conventional way, perhaps you know this but I am struggling to therefore see the point of the question. Why would a "hoarder" rent his coins to someone else to stake unless they were paying more than he would make by staking his coins? To that end then, why would a "renter" rent coins from someone to make less than they would by buying some?
1116  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency [CPU/GPU(NVIDIA+AMD)] on: July 05, 2014, 03:09:34 PM
Claymores XMR GPU miner 4.2 now supports a no fee command with a 10% hash decrease.


Thats great news.

I urge anyone using Claymores miner to update and use the no fee command.

To make it clear I have no problem with claymore being compensated for his work but 5% of all GPU coins is far from fair compensation particularly when he will likely be dumping it on the market. People don't be fooled by a 10% hashing decrease and think you are better off not using the no fee command.
1117  Economy / Services / Re: XBTec ASICs. We pay for signature. Weekly payouts on: July 05, 2014, 03:01:26 PM
Starting Posts: 2115

Address: 16hRptrzQS8J2Fe3YdLCA19npERQhxjCmt

As per PM with XBTec.
1118  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 04, 2014, 05:18:26 PM
Total number of coins to ever be minted? Why is that more helpful than the standard market cap calculation?

It tells us the real picture. I don't know about you but I always compare coins using that metric alone.

People need to do this more. I dont understand how people can compare on the available supply, particularly with some coins being near the beginning of a slower emission curve.

Ill use XMR as an example as I was speaking to someone in that thread about it earlier but they were telling me there were aiming for 1% of the supply. When I asked how they were going to acquire 180k coins and how they had that much BTC I was told I had a zero too many Huh

How can people aim for 1% of the supply and use the current supply for this calculation, particularly with a coin such as XMR that is only 10% minted.
1119  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency [CPU/GPU(NVIDIA+AMD)] on: July 04, 2014, 05:11:38 PM
Why do you think it's so profitable? High tech knowledge requirement keeps the stupid dumpers out, like you.

Don't think for a second that I will be stopped by this. Merely slowed down temporarily. I'm not sure what kind of high tech knowledge you need to have your system nearly destroyed and the life sucked out of your internet.

Judging by your post yesterday ;

Pending Balance: 2.730718360078 XMR

Thing ever pays?


I don't think we have too much to worry about you being "slowed down temporarily"...

Its a brand new project that is completely different to BTC, in some environments that aren't standard 64 bit windows some degree of knowledge is required.

1120  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 04, 2014, 05:06:56 PM
ye well, first it was China, then Russian, now EU.

USA is next ?

I welcome all government restrictions. Reminds people to not tell how many coins they have.


It is not likee they don't have the means to find out anyhow

Precisely why a completely anon currency will be so vital Wink
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