322 posts
1Gb8jMCr1Pf5974tTVr5EzbVgs348TrTJJ
858 posts Sent 0.01 BTC Damn, I confused activity with posts!  Thanks!! |
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322 posts
1Gb8jMCr1Pf5974tTVr5EzbVgs348TrTJJ
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Zerocoin does not need to be implemented directly into the core protocol. These services can work just as well outside bitcoin with only access to the system. Additional features only add to the risk for problems to occur such as the March fork. If these features are not an absolute requirement for the system to work properly then they should be left out.
Zerocoin's use with Litecoin might be considered? I doubt that the dev team has the chops... Maybe PPC. Ok. Let an alt coin test it and work out the bugs, not just testnet. If successful, then maybe put it in bitcoin if necessary, especially if the alt coin gains market share, presumably because of zerocoin. Alt coins currently working on 0coin: Anoncoin, Megacoin, Novacoin, Neocoin |
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I had an Orama of success  |
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Just to explain how big news this integration is, Moneygram has 200 000 agent locations worldwide, Western Union has 520 000, ZipZap has 700 000, ZipZap is already using Moneygram network in the U.S. + it uses other networks, so in total ZipZap has 700 000 locations worldwide.
Yet the price is in decline   People think that they could make some money by pumping and dumping, few of them probably will, but other I don't think so  Best trading rule is don't fight the tide and listen the news, not rumors, but news. Bought some more at 12K BTC and sold at 10K  I was hoping it would go around 5K though.. |
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Just to explain how big news this integration is, Moneygram has 200 000 agent locations worldwide, Western Union has 520 000, ZipZap has 700 000, ZipZap is already using Moneygram network in the U.S. + it uses other networks, so in total ZipZap has 700 000 locations worldwide.
Yet the price is in decline |
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I can see the oversight to ports, not a big issue, I can also see the reason not to engage with Hazard as he comes off as bitter and autistic, so again, not a big deal. I do find it funny the timing of the people who come to thread to bash megacoin, only when good trading on exchanges they are clearly kicking themselves, so need to come here to justify not staying with MEC. also find it funny to point out in your personal blog that a dev not responding to you classes that coin as a scam, hahaha, soooo butthurt kimoto-chan ignored me waaaah. Perhaps if your conversations were insightful and constructive instead of "LOL DIS PORT DA SAME SCAMSCAMSCAM", I would take on-board what you were bringing to the discussion, until then you just come off as (everyone notices) bitter and immature. keep it up, i love reading butthurt with my morning coffee.  Are these MEC in the gif?? |
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Yep the silence is weird. Orama has been on a few times and has also said noting. Im pretty sure if there was bad news though that he would let us know. I can only assume that they are holding back until they have a machine hashing which should be today at some stage imo
Moment of truth for KnC. IF they fail moment of truth for Orama too... I'm not sure why Bitcoinorama is to blame in any way. Sure he is a KnC fan and they even offered him a job. Nevertheless he recommended CC all the way long and shared his research/thoughts nobody was enforced to follow. In addition he mentioned several times do your own research. I cannot remember lies, broken promises or misleading. If there are and I'm just not aware point them out, please. *edit: I realized maybe you meant it another way, just read recently some bitcoinorama bashing and still asking myself for what reason By far he is almost 100% fair in his stance towards various asic vendors - hope he will stay like this towards KnC too in case they fail to deliver as promised. The contrary would be for example if he is aware of possible problems KnC faces, logs in and does not share this info here (I doubt it). |
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Yep the silence is weird. Orama has been on a few times and has also said noting. Im pretty sure if there was bad news though that he would let us know. I can only assume that they are holding back until they have a machine hashing which should be today at some stage imo
Moment of truth for KnC. IF they fail moment of truth for Orama too... |
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SecondMarket BIT + NeoBee projects are enough to push the price x10 soon IMHO...
I predict more like Q2 2014? Won't be so soon. Unless something big like the previous Cyprus bailouts happen. Soon = Q2 2014 I agree! |
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SecondMarket BIT + NeoBee projects are enough to push the price x10 soon IMHO...
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The price development story here is not the effect that purchasing for this fund will have, but the opening of more funds like this and other derivative instruments. The affect on price will happen on a much longer timeline than many of you are thinking.
perhaps. but this announcement really should be looked at as the 2nd fund to announce this strategy next to Winklevii. it's possible that "speculation" could result in a sooner ramp than you think. especially since we've had this nice long consolidation period of 5-6 months now. charts are looking primed. Chance Bitcoin price will skyrocket is very high and it's all because the reputation SecondMarket has and it's client base of rich customers. Reuter's Felix Salmon is no a friend of Bitcoin. He mocked Bitcoin from day one, however, he makes some interesting points which give clear evidence on why SecondMarket will attract lots of cash for this Bitcoin trust. http://blogs.reuters.com/felix-salmon/2013/09/26/the-bitcoin-bug-bites-secondmarket/The problem is that SecondMarket isn’t just a service for issuers and investors. It has also, of late, become a lead-generation engine — or, to put it another way, a mechanism for selling schmucks to wolves. SecondMarket has contact details for a very large number of accredited investors, many of whom trust the company and the reputational capital it has built up over the years. If you send enough of those investors investment pitches for diamond funds, or art funds, or space-based vaporware, the sillier among them will bite. And, eventually, regret doing so. SecondMarket’s investor list is a valuable thing, but the company isn’t behaving in the manner that you’d expect of an owner of something precious and valuable. Instead, it seems to be happy renting its list out to just about anybody. I hate this guy |
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I have noticed (for the last 3 years here) that many 'traditional' traders say the same things over and over again. They are correct in short window timeframes but they miss the point entirely long term.
Bitcoin is not a traditional asset - when it was 0.0001$ last time? Sorry, I forget!
Here's a reply..... is this the one I missed? I agree Bitcoin does not perform like any traditional asset and in the long-term it'll either be worth a lot of money or nothing at all, in fact I think it's a pretty binary outcome. However my issue with this particular 'bank' is that irrespective of the likelihood of it going up through time history has proven that it has that capability of massively falling in value in short periods and it will likely do so again at some points, since it is not 'backed' by anything (metals, governments, taxes, countries or soldiers being the common methods). I merely wish to discuss what happens to the 'bank' with all it's pegged deposits at that point and the answer is that it quickly becomes insolvent (unless some undeclared potential blackbox trading saves it etc).......... Thanks for the answer! I agree with what you say, it is the short term steep price drop gamble that makes this investment risky (probably no one will accuse NEOBEE if BTC goes to zero). But because it will be short term the agenda of NeoBee convinced me that the risk will be tolerated/handled properly. I guess we will found out soon! The "bet" here is as much in BEOBEE as it is in bitcoin, if someone thinks NEOBEE is going to fail because bitcoin price will drop to zero, just stay away from bitcoin at all... Not really - Bitcoin had several crashes (2 big and many smaller) that did not kill it. Though a big crash could kill NeoBee (bank run etc) provided that the counter measures are not sufficient as stated. |
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I have noticed (for the last 3 years here) that many 'traditional' traders say the same things over and over again. They are correct in short window timeframes but they miss the point entirely long term.
Bitcoin is not a traditional asset - when it was 0.0001$ last time? Sorry, I forget!
Here's a reply..... is this the one I missed? I agree Bitcoin does not perform like any traditional asset and in the long-term it'll either be worth a lot of money or nothing at all, in fact I think it's a pretty binary outcome. However my issue with this particular 'bank' is that irrespective of the likelihood of it going up through time history has proven that it has that capability of massively falling in value in short periods and it will likely do so again at some points, since it is not 'backed' by anything (metals, governments, taxes, countries or soldiers being the common methods). I merely wish to discuss what happens to the 'bank' with all it's pegged deposits at that point and the answer is that it quickly becomes insolvent (unless some undeclared potential blackbox trading saves it etc).......... Thanks for the answer! I agree with what you say, it is the short term steep price drop gamble that makes this investment risky (probably no one will accuse NEOBEE if BTC goes to zero). But because it will be short term the agenda of NeoBee convinced me that the risk will be tolerated/handled properly. I guess we will found out soon! |
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What ex-trader is bringing to the table is at least intelligible criticism compared to everyone else. Leave him alone.
He is ok in my eyes - his criticism more than welcome and definitely not a trol. But he didn't respond to my criticism up-thread. |
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You say you're an expert when it comes to finance, risk management and so on and yet you've bought into an ultra high risk, Asicminer run by some Chinese? dude calling himself Friedcat (no real identity provided) that doesn't name his associates; an operation that provided/provides zero transparency on many levels.
Now you're ultra-critical with these guys that provided a very high level of transparency and have a sustainable business model. Something doesn't add up.
Different scenario entirely. AM were mining and paying dividends (a quasi-real business) and I thought they were about to jump in price, so I bought as a short-term speculation. They jumped in price very quickly in about 2 months, so I sold out. Haven't touched their shares for months and watched them subsequently fall. I have no criticism of the transparency of Neo/Bee, but what they precisely don't have is a sustainable business model as it relies on Bitcoin growing continuously. I have noticed (for the last 3 years here) that many 'traditional' traders say the same things over and over again. They are correct in short window timeframes but they miss the point entirely long term. Bitcoin is not a traditional asset - when it was 0.0001$ last time? Sorry, I forget! |
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