There is a solution...
- IP address / IP range hashrate cap - this will prevent everybody from creating big farms, just make a cap of share to every IP address and another cap for IP ranges to prevent from Multi-IP addressing.
This will solve the biggest problems:
- it will not consume so much electricity - it will be more fair play - it will prevent biggest farmers from affecting the market, 51 percent attack possibility and centralization
An example, make a limit to a single Ipv4 address, another limit to /24 IP address range, another to /20 range etc. The same for IPv6 ranges. E.G. 2 Mhash limit to one Ipv4 address, 6 Mhashes to the whole range, and so done.
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Lol nice fraud. Someone filled all buy orders instantly, dumped to 1980 and replaced them by its own buyorders with thousand times less volume... Optically the same price but someone has eaten out all pumped buy orders... GJ people, you just have made second christmas to someone...
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Hmm it seems to be one man show and total crap also...
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and what about to stop posting new shitcoins
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Trying to hold any coins with good transaction time. The speed is the biggest limitation of bitcoin, and it will probably make it obsolete in the end of 2014 or in 2015 because with 10 minutes block time you cant satisfy many demanding services like microtransactions, gaming, shopping, etc. Of course, it wont happen if someone will get successfull with any bitcoin modification making it faster (e. g. much faster bitcoin superstructure running over it).
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Max supply: 13.3 Million (Same as approximate Jewish Population)
I bet my shoes that the most popular will be jewcoin eater address and it will contain at least one name of any concentrations camp. Sending your jews to any of these address will be "excellent" promotion.
And this coin will get a big community. Very strange community... Big chance to make this coin a reserve currency of Palestina or any fascist country.
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The jew at the coin is a typical jew described by teacher from a movie Hitlerjunge Salomon... http://www.youtube.com/watch?v=GVJMvolJA2kWie erkennt man einen JUDEN? Will be there any ARISCHcoin as the opposite announced? (a typical altcoin)
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Oh my god, doge still being pumped, someone doubled the volume for a while. Its too early for real pump, dump it back until february, then smart people will buy. But not for 50+, its overpriced. Waiting for 20.
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EAC is at least one-eyed between blind fools...
Just decide...
There are many disqualification criterias:
Coins with no future because of no motivation to mine (ridiculously lowering block reward to 0): QQC, VEL (and another, all coins where the reward halves every week or day are dead)
Coins with slow transactions (litecoin clones or artifical "bitcoins" in scrypt): RPC, CAT and similar
Coins with broken retarget (coins which retarget tooo slowly and transaction time gets to infinite): RPC, CAT, all litecoin clones
Coins with stupid or inserious name: COINEE, MEOW, VEL, etc., maybe all memecoins in general
+ non technical criteria like: Coins with no development, Coins with no community...
If you go one point after one, you will notice that there are really not too many coins left...
And yeah, i am mining EAC as hell to compensate the ones which i sold when they reached 800-900 satoshi to pay my bills. Of course, i mined 8 other coins too, but only for instant sell until they have had any value. And due to the points which i have written, i never have seen any of these sold coins to grow up after i sold them (except doge, it has fallen a bit later). The only real chance to grow again has the coin which will not suffer from any disqualifying illness...
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This coin should be hashed only by 80286 CPUs at University of Pyongyang... And by wooden computers by common korean people.
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With that name the coin may be as innovative as nuclear bomb but it will still be crappy
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Typical marks of scam:
- time pressure - social engineering - enough time to disappear with money unsuspected
+ dont forget, even if not scammed, 5Mhashes will be at Q2/Q3 probably the same like 1Mhash today - 8 USD per day by mining litecoin. Maybe. Diff of LTC will be around 10.000 this time. This time there will be incoming new generation of AMD cards which will hash 800 (mainstream) - 1500khashes (highend) and diff will be ready to be doubled again this time. ROI will be almost close to infinite.
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Coingen is crashing the trust, not alts directly. It scares off the buypower. IT has rapidly decreased after coingen appeared, there may be a little dependency.
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Same portfolio, except LOT
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There are many playable races in MMORPG World of Scamcoins - Developer (copies a coin + premining 10 percent of coins and makes rich himself easy), Miner (just a dwarf burning electricity and GPUs), Rogue (stealing coins), Broker (spamming trollbox at BTC-E and making pumps and dumps), Mafia (selling contraband for coins), Drug grower (burning more electricity and making better earnings than a miner) and creeps (sheeps buying expensive coins, selling cheap coins). And more and more races!
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IF a 51 percent attack killed bitcoin, our altcoin portfolios may skyrocket
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Megacoin is resistant to everything, even to potential users. Web page looks like a scam promotion - "discover the sensation" and another similar terms making it untrustworthy.
why would kim dotcom of all people associate himself with an untrustworthy endeavour? Dont know but the webpage of megacoin is terrible. Looks similar to webpage of any sect. And i agree with statements, that there will be only few coins with some real value and they will grow up, because buypower will focus only these healthy coins, not craps. Now they are a bit undervalued because investors dont buy anything (scared) or everything (stupid) or safe old coins (careful). However people are incredibly stupid and foolish, because obvious craps are very easy recognizable. (i dumped them already so i can tell truth ) small help: "unnamed coin" - block reward 20 now, 2 in a few weeks, start reward 50000 - mommy, is this coin good anyways? No my dear, its a crap, keep away. another case: "unnamed coin" - block reward 1 trillion, innovation 0, development 0, initial hype max. - mommy this is so cute dog... Keep away, scabby dog.
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Megacoin is resistant to everything, even to potential users. Web page looks like a scam promotion - "discover the sensation" and another similar terms making it untrustworthy.
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nobody mining, no reward. Same stupidity like QQC. Still waiting for any fair play scrypt-jane coin.
Fair play = block reward not decreasing so stupidly quick, low reward for first 2000 blocks (to eliminate premine / unfair rush), and steady reward for the next blocks.
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dump it quickly
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