Sent a Bitbar to Bter over two days ago. It still registers as 0 confirmations..
Transaction ID: 84a22b8797120b94f79762dc6d4ccc1e9203ff7cf655848d766dacea30e66c69
Any ideas?
Doesn't seem to be a valid transaction ID, what was the address you sent from and to?
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DAMN IT MY DVC!! WTH!!
Devcoin is now officially dead. This hack killed the currency before it could crawl. Either we lost all our devcoins or we will sell them all immediately. I know the first thing I'm going to do if I can access my Devcoins is sell them and I'm prett sure everyone else is thinking the same after seeing this news. I had over 100,000 Devcoins too. Don't worry, the hacker didn't want any of the DVC garbage, vircurex was like the only place to sell it anyway. lolol
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I like the fact that it doesn't have a trollbox used to manipulate pump and dumps like BTC-E does.
It seems they were affected by a 0-day exploit in their Ruby on Rails install.
pfft, trollbox is the best feature on BTC-E, one of the reason it become the most popular alt coin exchange. If there were any easy way to move USD there, it can probably beat mtgox.
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I've always thought vircurex admin were noobs, looks like I might be right. There's a reason that exchange never gained popularity.
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Actually ... the only thing that would matter is how much BTC is on offer to buy NMC If AM makes 900 BTC a day (1/4 of the network) then if NMC is really going to add ... say ... 10% then AM would be selling 90BTC of NMC every day to make 10% .......
FriedCat should really hire a trader to sell for him. If he just sell into the bid, he's gonna crash NMC price by 5% each time he sells.
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I mined about a quarter of a bitbar, which after getting 520 confirms, will probably get in my wallet in about 2.5 days. I hope bitbar's trading value isn't 0 by then.
I am not really one to shit on any altcoin (Ill mine anything that makes a profit, as long as their is a reasonable chance that someone will buy it) but what is the rationale for saying bitbars are just as valuable (or greater) than bitcoin? The only reasons I see posted is that:
"bar" sounds more valuable than "coin" it also has "bit" in the name, just like bitcoin a high resolution picture of gold bars was posted in a bitbar thread
Besides just hoping something you hold becomes valuable, what real reasons is there to expect bitbars to be valuable and worth holding to maturity? Again, I'm really not shitting on this alt, I just want to know if there is more to it than just having a different type of name and moving the decimal point a few places to seem rarer than most of other cryptos.
For starters, it is the first non-premined scrypt hybrid PoS+PoW network in existence, hows that for value? Anyone that is claiming "premine" is either ignorant or is going nuts over 60 blocks of accidental pre-mine. Now, yes a lot of BTB were created on the first day and in the hands of early adopters, but that's the same thing with nearly every single coin, Bitcoin included. Without early adopters, the coin would be difficult to gain any traction, awareness or promotion. Bitcoin early adopters are now multi-millionaires, how's that for early adopter scam?
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No, eventually the company MUST pay dividends, as that's the only way a shareholder can realize benefit in holding the company(other than waiting for the rare event of some other company acquires your company with cash). A company can delay dividends because it can better use the funds to grow, but eventually it will HAVE to pay dividends. Even the mighty AAPL pays dividends, so does MSFT, INTC, NVDA, QCOM etc... they were once all non-dividend paying growth companies, but eventually, they pay dividends.
But even when those companies were non-dividend paying growth companies it was possible to realize the profit from holding them, you just had to sell a portion of your shares. When you sell your shares, you stop being a shareholder, but become a speculator/trader. That's why most dividend investors use their dividend to BUY more shares, not sell shares. What is the difference between the company paying dividends and you reinvesting them back into the company vs the company just reinvesting the profits? If the company makes 10% profit and pays it to you as dividend, or if the company makes 10% growth and you sell 10% of your shares, either way you end up in the same place, right? Because at some point the company will run out of place to invest the money in. By not paying dividends, the company is saying I know better than you in investing your money. If investors believe it, then it's ok. If investors don't believe it, they will punish the company's stock price. For example AAPL right now is basically forced to distribute its 140B cash stock pile to shareholders.
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ASICMINER works for mining any SHA-256 alt coin pretty well. I mined today TRC and later PPC. Today morning profitability of TRC vs BTC was 187%. People jumped mining it and difficulty went from 12000 to 120000 in few hours profitability dropped to 37%. So, question is not if ASICMINER can mine alt coins or not, but if it make any sense to do.
it probably does not make sense. AM could easily contribute > 50% to any sha256 altcoin...basically destroying it. if AM were to use a small (relative) amount of hash power on an altchain, they would still need to dump the coins on the market. the huge dumps everyday would dramatically reduce the price of the coin. not worth the time. Destroying a couple useless alt-coins would probably be a good deed though. As long as it's profitable, why not? that's the reason why bitcoin is superior to all sha256 altcoins. in theory asicminer alone could just screw them, which might even be a good practical idea from time to time. scrypt however somehow makes sense as a real, smaller alternative to bitcoin.. something like silver compared to gold. Except PPC, AM hash rates can go up 10X and still pose nearly no threat to the PPC chain.
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I guess it gives us a while to mine some cheap coins before they get listed on Gox, at which point the price - and difficulty - will just go insane.
The price rising when LTC is traded on MtGox not guaranteed. LTC has already seen a ridiculous burst from when it was just a rumor, and is now valued quite high. Who knows? Maybe it will spike up and then dip below, and $3 is a good value for it... but LTC was also had not been >$1 before April 1, 2013. Without even the currently limited usefulness of even Bitcoin as a currency, Litecoin is largely for miners and speculators only right now. I'm long on LTC as well, though! I just think the MtGox opening days will be completely nuts, and that could well mean tons of people selling what they've been hoarding. lol LTC on mtgox, you going to wait a long time, if ever. This is going to be another BFL type delay, ur lucky to see it by next year.
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No, eventually the company MUST pay dividends, as that's the only way a shareholder can realize benefit in holding the company(other than waiting for the rare event of some other company acquires your company with cash). A company can delay dividends because it can better use the funds to grow, but eventually it will HAVE to pay dividends. Even the mighty AAPL pays dividends, so does MSFT, INTC, NVDA, QCOM etc... they were once all non-dividend paying growth companies, but eventually, they pay dividends.
But even when those companies were non-dividend paying growth companies it was possible to realize the profit from holding them, you just had to sell a portion of your shares. When you sell your shares, you stop being a shareholder, but become a speculator/trader. That's why most dividend investors use their dividend to BUY more shares, not sell shares.
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No, eventually the company MUST pay dividends, as that's the only way a shareholder can realize benefit in holding the company(other than waiting for the rare event of some other company acquires your company with cash). A company can delay dividends because it can better use the funds to grow, but eventually it will HAVE to pay dividends. Even the mighty AAPL pays dividends, so does MSFT, INTC, NVDA, QCOM etc... they were once all non-dividend paying growth companies, but eventually, they pay dividends.
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can you give me a little more i opened a pool http://btb.ltcoin.net to support btb but now my balance is 0 BEK3qpfWAhNNqbobWjhm8xUxsi7XMbZ1Wd Good job on the pool, sent you extra.
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BM6eUGCwt5r3wVknnL8awiwKah8Xpf8XE2
Sweet...Thanks!
Sent you extra because I saw you were scammed by the scammer clue4
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p2pool won't work until block #9689, right now just mine on a pool. After roughly 2 weeks from now p2pool will work.
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Possible? If so, please post them!
Hi I use this for 500 Khash: cgminer --scrypt -o 127.0.0.1:9031 -u me -p me -E 1 -s 1 --expiry 1 --queue 0 --shaders 2048 --intensity 13 --worksize 256 --auto-fan -g 2 --thread-concurrency 8000 --temp-target 65 --temp-cutoff 78 Thanks. Now at 500 with computer running smoothly, I'll take it. 500?? with those settings I only have ~285 yeah, not sure how those settings produce 500, I run intensity 15 and can barely get 480
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Big deal... royalcoin hit 2GH already Where can I see that stat? this RLC pool here reports the network hash rate to be 0.5 Gh/s http://rlcpool.erundook.net/
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Well, and remember it is having POS
Yes, PoW is still important in the beginning, but PoS will take over at some point. Look at PPC, it is churning out tons of PoS blocks right now, probably will take over PoW in 2 years. Also I believe you begin earning interest on BTB balance after 30 days from inception, like NVC did? I'm not sure if the setting was the same on BTB.
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why would someone sell to you something that cost $9.20 for $7?
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They already have their own forums, nearly every alt coin has their own forum hosted on their own server.
Except for the ones that don't, and the ones that don't have enough people on board because they didn't have anywhere to post about them to introduce people to the coin in the first place. If the alt don't even have a off site forum set up, then it's probably not worth it to create a sub board here too. If the dev/supporters cared enough, they'll get a forum.
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