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1361  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin just hit $2,21 on: July 02, 2014, 01:03:32 PM
I don't think it will ever rise again big time. It might make some small steps up, but then again go down even more over time. LTC lost around $40M marketcap in the last two (?) days. The only ppl trying to fight against the obvious are the guys over at ltctalk. while I can understand them (and I would most likely do the same if I were a bagholder), even some mods over there seem to lose confidence.

I just stumbled across a topic from late dec. last year, and while I really feel sorry for the OP, it shows that most of them do not want to realise how bad LTC is performing since last year.

https://litecointalk.org/index.php?topic=11136.0

Ok, if you bought in at a few cents it's easy to keep calm, but those poor guys who got sucked into that bubble are paying with hard money. I think my favourite part in that thread was "tell your friends and family to buy LTC..." hell, they would beat the shit out of me right now! but maybe I'm wrong and it's really just the calm before the storm and LTC will explode to $100. while I really doubt that, I kinda wish that it happens. not for the majority of the ltc holders, but for guys like the OP of the mentioned topic.

you are looking only short term guy... it will raise with btc like silver with gold.

whoever still really believes in that (even that the charts are clearly telling otherwise), has learned nothing in the last months. and please, stop with that gold/silver crap. physical gold/silver is about purchasing power in really bad times (which hopefully never happen). I don't think you would be able to buy bread with LTC (or any other crypto) in WW3 Tongue

what are months? nothing...
1362  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin just hit $2,21 on: July 02, 2014, 12:52:28 PM
I don't think it will ever rise again big time. It might make some small steps up, but then again go down even more over time. LTC lost around $40M marketcap in the last two (?) days. The only ppl trying to fight against the obvious are the guys over at ltctalk. while I can understand them (and I would most likely do the same if I were a bagholder), even some mods over there seem to lose confidence.

I just stumbled across a topic from late dec. last year, and while I really feel sorry for the OP, it shows that most of them do not want to realise how bad LTC is performing since last year.

https://litecointalk.org/index.php?topic=11136.0

Ok, if you bought in at a few cents it's easy to keep calm, but those poor guys who got sucked into that bubble are paying with hard money. I think my favourite part in that thread was "tell your friends and family to buy LTC..." hell, they would beat the shit out of me right now! but maybe I'm wrong and it's really just the calm before the storm and LTC will explode to $100. while I really doubt that, I kinda wish that it happens. not for the majority of the ltc holders, but for guys like the OP of the mentioned topic.

you are looking only short term guy... it will raise with btc like silver with gold.
1363  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin just hit $2,21 on: July 02, 2014, 12:49:36 PM
No way, there is nothing about litecoin that's interesting, its going down the drain. All bagholders are just trying to hype it. Yesterday it was at $8.80 and the bagholders on the litecoin subreddit were yelling: NOW IS THE BEST TIME TO BUY, IT WILL NEVER SEE $8.80 AGAIN!! Just like it wouldn't see $9, $10, $11, $12, $13, $14, oh and $15 was rock bottom, it's now at $7.80. Litecoin is going down, better to get out now.

i only have 10 or something because I am highly diversified, so I don't care.
But you will see ;-)
1364  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin just hit $2,21 on: July 02, 2014, 12:34:55 PM
You will see litecoin really raise again in a few weeks, but then about 5-10fold. its just dropping a little prehype:

https://bitcointalk.org/index.php?topic=649739.msg7272992#msg7272992

There's a worrying trend atm. My charts tell me LTC will drop another 30% this week! I'm usually right about these kind of things

right, it will bottom at 0.008 BTC like last time. and then later raise to 0.05 in a month.
1365  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin just hit $2,21 on: July 02, 2014, 12:25:22 PM
You will see litecoin really raise again in a few weeks, but then about 5-10fold. its just dropping a little prehype:

https://bitcointalk.org/index.php?topic=649739.msg7272992#msg7272992
1366  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero or Bytecoin? on: July 02, 2014, 11:08:11 AM
Monero = 0% Premine

ByteCoin = 80% Premine

which coin you choose is of course your desicion[sic].


Monero = Buggy copy of Bytecoin

ByteCoin = The original Cryptonote - 2 years, no premine (If you are too dumb to use Tor that is your problem)

which coin you choose is of course your decision.


Trade Volumen:
BCN: $ 4,774
Monero: $ 113,873

why? Because nearly all coins are at a few people bagholding...
Give more out of your hands and the price will go down...
1367  Alternate cryptocurrencies / Altcoin Discussion / Re: question about next-gen on: July 01, 2014, 04:36:00 PM
Hello! I'm newbie in this world. Can anybody help me? I've heard such term as "next generation coins" manytimes, but google is pretty bad about it. could you explain:
1) is "next generation coins" real term or it's marketing ploy?
2) if it's real - do you have some links about? i'm interested on it.



first you have bitcoin as first generation
then you have a lot of 1st gen clones, that just take the wallet and chang the algorithm a little or some other specs. some even don't change anything.
- litecoin (the first, and as it was long time asic resistant quite popular)
- dogecoin
- peercoin (the first pos, thats why its quite popular)
- namecoin
- quarkcoin
- darkcoin (not sure how much they took from the original qt, but i would call it 1st generation, the first good anon implementation, thats why its popular)
...

then you have NXT. The first from ground new written coin with a better frontend and real new features. Real pos forging and so on.
This is called a second generation coin. There are also a few clones of it:
- NAS
- NHZ
- NFD
- N2
...

they could be called 2nd generation coins because they base on a second generation coin, but they will be about like the clones of bitcoin were, maybe a little better.

there are also some other from ground new programmed coins, that could be called 2nd generation:
bytecoin (which is claimed to be "released" already in 2012) and its fairer and same popular clone monero as well as their later and less popular clones
Qora and its coming clone Kora

currently we are waiting for a few coins, that also could be called 2nd generation or maybe even 2.5 or 3rd generation because of new features:
NEM (Proof of Importance + decentralized trust handling)
maidsafe (decentralized encrypted storage)
etherum (decentralized applications)
eXoCoin

advice: read the announcement threads daily
1368  Alternate cryptocurrencies / Altcoin Discussion / Re: new alts, not for speculations on: July 01, 2014, 04:28:54 PM
Is there any new alts that can be mined on CPU and use for something useful (for generate prime numbers for example), not only for speculations.

I know about primecoins, is there anything else?
for CPU mining, try QuazarCoin (QCN)
https://bitcointalk.org/index.php?topic=600658
their prices still good i think


its not "useful", just hashing...
1369  Alternate cryptocurrencies / Altcoin Discussion / Re: Next. Gen. Coins - what is it? on: July 01, 2014, 04:21:56 PM
Hello! I'm newbie in this world. Can anybody help me? I've heard such term as "next generation coins" manytimes, but google is pretty bad about it. could you explain:
1) is "next generation coins" real term or it's marketing ploy?
2) if it's real - do you have some links about? i'm interested on it.



first you have bitcoin as first generation
then you have a lot of 1st gen clones, that just take the wallet and chang the algorithm a little or some other specs. some even don't change anything.
- litecoin (the first, and as it was long time asic resistant quite popular)
- dogecoin
- peercoin (the first pos, thats why its quite popular)
- namecoin
- quarkcoin
- darkcoin (not sure how much they took from the original qt, but i would call it 1st generation, the first good anon implementation, thats why its popular)
...

then you have NXT. The first from ground new written coin with a better frontend and real new features. Real pos forging and so on.
This is called a second generation coin. There are also a few clones of it:
- NAS
- NHZ
- NFD
- N2
...

they could be called 2nd generation coins because they base on a second generation coin, but they will be about like the clones of bitcoin were, maybe a little better.

there are also some other from ground new programmed coins, that could be called 2nd generation:
bytecoin (which is claimed to be "released" already in 2012) and its fairer and same popular clone monero as well as their later and less popular clones
Qora and its coming clone Kora

currently we are waiting for a few coins, that also could be called 2nd generation or maybe even 2.5 or 3rd generation because of new features:
NEM (Proof of Importance + decentralized trust handling)
maidsafe (decentralized encrypted storage)
etherum (decentralized applications)
eXoCoin

advice: read the announcement threads daily
1370  Alternate cryptocurrencies / Altcoin Discussion / Re: new alts, not for speculations on: July 01, 2014, 03:59:20 PM
Is there any new alts that can be mined on CPU and use for something useful (for generate prime numbers for example), not only for speculations.

I know about primecoins, is there anything else?

curecoin
https://bitcointalk.org/index.php?topic=603757.0

and

gridcoin
https://bitcointalk.org/index.php?topic=324118.0

but as far as I know, they are are both only partially useful pow. I am also looking forward to a real one ;-)
1371  Alternate cryptocurrencies / Altcoin Discussion / Re: Kora BTT ID Confirmation Topic on: July 01, 2014, 02:45:49 PM
show me the kora! ;-)
1372  Alternate cryptocurrencies / Altcoin Discussion / Re: alts going down, remeber when they were going up on: June 30, 2014, 07:19:05 AM
we are now about there, were we were end of september begin of november.
Alts are going down a little as btc will skyrocket, but in 2 weeks, they will outperform btc.

https://bitcointalk.org/index.php?topic=649739.msg7272992#msg7272992
1373  Alternate cryptocurrencies / Altcoin Discussion / Re: Silkcoin is going to steal people's money. on: June 28, 2014, 08:45:55 PM

Dude I linked the same name as two other scams to Silkcoin who ran off with almost no criticism before they did. STFU you look stupid now.

NO ONE with a legitimate coin needs to fear FUD however extreme. The attacks form me came cause no one would directly address the info I gave, just calling me a troll from brand new newbie accounts. The guy NEVER had a plan to create a decentralized Store you jackass. lol

reply if you want but im not going to, I cant be bothered..

You probably didn't want to do it... I don't call you bad because of it, but I want to open your eyes...

People that are unstable are not only one time unstable...
You will probably find another coin in the next months, that has a decentralized shop. And that's maybe the same guy.
Never say never... ok, maybe he wanted to scam. But maybe also not. It is not as clear as you think.
1374  Alternate cryptocurrencies / Altcoin Discussion / Re: Silkcoin is going to steal people's money. on: June 28, 2014, 08:28:16 PM
The only thing I couldn't understand is why no one else can spot that Silkcoin was exactly like a bunch of other scams.


You would think after people lost money on scams like Nummus, Edgecoin, Coinmart etc they would spot the same guys involved a mile off.

Same design, same promises of a decentralized exchange, same thread 90% of Newbies telling each other they have the best coin in the world, same premine, same video design. The amazing thing with the video was I can't be 100% cause they deleted the old one but i'm 99% it was even the same video as Nummus with the logo changed. People must of seen it!

To me it was the obvious thing in the world. But not one person backed me up that must of seen those scams.

guy... it was no scam... you made it a scam...


WTF are you talking about?

ok, lets help you a little.
You are a coin developer and want to implement something later. You are announcing it and are working on it. Really fucking hard.
But somehow it doesn't work. Ok you have a delay. But people are screaming already "scam". The longer to take, the more they are screaming.
Especially our well know trolls. So now you have only 2 choices. And how you choose depends on your charakter.

Choice 1: the stable character
He goes on and is working harder because he wants to show the people, that he didn't scam with that feature. And finally he will release and rescue the coin.

Choice 2: the less stable character
He thinks: I was working that hard and they only call me scammer? Fuck you all! And it turns out to be a real scam (keep in mind, it was not before!). He is implementing the feature probably even in another coin, because those people didn't call him scammer... that was the revenge...

Guess what the majority of people are? Are they stable?
1375  Alternate cryptocurrencies / Altcoin Discussion / Re: Silkcoin is going to steal people's money. on: June 28, 2014, 08:16:45 PM
The only thing I couldn't understand is why no one else can spot that Silkcoin was exactly like a bunch of other scams.


You would think after people lost money on scams like Nummus, Edgecoin, Coinmart etc they would spot the same guys involved a mile off.

Same design, same promises of a decentralized exchange, same thread 90% of Newbies telling each other they have the best coin in the world, same premine, same video design. The amazing thing with the video was I can't be 100% cause they deleted the old one but i'm 99% it was even the same video as Nummus with the logo changed. People must of seen it!

To me it was the obvious thing in the world. But not one person backed me up that must of seen those scams.

guy... it was no scam... you made it a scam...
1376  Alternate cryptocurrencies / Altcoin Discussion / Re: Bytecoin [BCN] vs MONERO [XMR] who will be the winner in the Cryptonote War on: June 28, 2014, 08:06:31 PM
My researches show, that BCN didn't have even a website before late 2013.
http://web.archive.org/web/20131113093900/http://bytecoin.org/

Also the Git repository was not there before:
https://github.com/amjuarez/bytecoin/commits/master?page=2

So this is very suspicious and should not be supported AT ALL.
Even IF they started 2012 they didn't let ANYONE participate, because they didn't go public.

But I doubt, that the coin existed so early. I think (as I already said https://bitcointalk.org/index.php?topic=622738.msg7425175#msg7425175), that they probably even faked the blockchain timing easily like this:
- they rented a bunch of computers
- set the time to 2012
- created a time changing script or something similar on all of their computers, so that the time passes faster
- started the coin in november 2013 secretly and mined it secretly for a few months
- then they announced the coin in february(?)

People are screaming about 1% premine which I can't really understand, because the programmers should have their coin, because otherwise they maybe won't support it enought. I am even fine with 5%. NEM takes 25%. It is still OK.
But 80% is just an impudence. And I can cry about the people supporting it to a market-cap of 10 million...

I was mining bytecoin and monero both in march. I just didn't know of the premine and didn't pay attention about "2012" at that time and was unsure, what to do.
I had a small computer and a big computer. The big one had about 4 times the hashrate of the small one.
As monero was said to be the second one I was mining bytecoin with the big one and monero with the small one.
I was mining 200000 BCN and about 65 XMR (I think it was about 2 weeks or something).
200000 * 0.00000010 = 0.02 BTC
65 * 0.004 = 0.26 BTC
(Prices at time of writing)

keep in mind, that:
- monero has about half of the market cap now (after the crash, before it was also about double)
- i used the 4 times faster cpu for BCN!

If BCN would have been "fair" with their launch, there would have been no monero, and I would have mined BCN alone and the marketcap would even be higher due to no FUD and so on.
So I probably lost AT LEAST 1 BTC (4*0.26 BTC - 0.02BTC) in that short time because of not being able to participate and mine the right shit. Thank you BCN.

Satoshi's plan being sad about too few Bitcoins left for him? Or Federal Reserve?! Secret 5 ?

So actually you've shown there was no premine.

Deep mine by developers and early adopters is OK.
It is OK because it is a first coin and they probably did not like to fail with the first implementation.

And you call this premine which is actually wrong.

I can imagine how many technical issues can occur before going public.

But is that really important at all on a big scale as a user or inverstor? Nope.

The eventual exchange rate in a year or two or three - that is important.
 
Today You can buy THE FIRST next generation coin at a low price. That is great.

I think it will be supported and adopted for larger goals.

you don't need to test that for that long time. 2 months are WAY enough. And even if they want to test longer.
There is no need of keeping a beta blockchain. If they didn't want to premine, they could have started the coin from the beginning.

As I already said, its ok, if they have a lot. But this is nearly all...
I wouldn't even say anything at all, if they write officially on their website, that they premined.
But they pretend to be fair! Thats the problem!
A lot of people don't know it and are supporting it, what they wouldn't do, if they knew it.
1377  Alternate cryptocurrencies / Altcoin Discussion / Re: Silkcoin is going to steal people's money. on: June 28, 2014, 07:54:38 PM

first: I am not owning any Silkcoin and I am not part of it.
but i can understand why trolls are threatened and they maybe should also open their eyes.

imagine you put a lot of effort and money in creating a coin. Even if this is only a pump and dump coin, it would be also not a scam but legal and its still a lot of effort.
But imagine this coin is really your life. You hired a designer, that already made a few good logos, also if the coins themselves were not the burner, but you liked the design.

So you created that coin and try to make it shine and want to protect it.
Now comes a troll and tries to drag it down. What would you do?

If every developer ran away because of trolls we would not have any coins. Dumping coins and running away is pretty "low".

whats the point sticking on a coin with bad reputation?
Like trying to rescue a oversalted soup with other ingredients...
noone wants to eat it...
1378  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SWARM] Swarm - Cryptoequity Crowdfunding - Official Thread on: June 28, 2014, 04:09:52 PM
can you explain the difference to bitshares?

To be perfectly honest I have no idea what bitshares is doing. There are so many different types of shares (X, XT, XTS, AGS, PTS, Protoshares, etc.) and it confuses the hell out of me.

They're also changing their idea constantly. They want to create 8-9 different blockchains, and a system called DPOS where people VOTE on blocks (sort of like mining by hand? or something). Im fairly sure nobody really understands BitShares.


they are doing, what you are doing.
pts = protoshares = bitshares is the cryptocurrency compared to yours
AGS is something similar but not tradeable
all others are already implemented "crowdfundings" (as you call it) and don't belong to the main idea

I think you should study something, that you are somehow "redoing" and should be able to explain a difference
1379  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CFC2]Coffeecoin | MANDATORY UPDATE on: June 28, 2014, 12:33:06 PM
LOL. Some joke-guy raised CFC to 0.001 BTC on C-CEX Wink
1380  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [AИN] NODE aka NXTLite - Puppet Removal has began! on: June 28, 2014, 10:56:52 AM
Why I dont get my coins ?
id:13567563587245741983
Because you read not good.

You ............typical Chinglish !

could also be germish
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