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801  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 28, 2014, 01:29:16 AM
As a traditional investment professional

Say a coin has a $40 million market cap,
It will take another $40 million to double the price

note to self: don't feed the trolls

I always thought it takes special kind of logic to believe in XC.

What type of logic does it take for DRK people to believe that 40% instamine by the dev doesn't matter?  LOL
802  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation) on: June 27, 2014, 02:12:25 PM
You losers gonna cry some more? God, I love DRK.

I love how DRK bagholders don't want new potential buyers to know this dark past of the 40% instamine.

All you bagholders want is newer bagholders to help you dump your coins....
803  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 27, 2014, 01:43:41 PM


Staking XC - 101


For those looking to stake XC, it takes on average about 10-15days to stake, you can spread your coins into smaller blocks (blocks of 50 XC's) for a more consistent pay out strategy or you can keep larger blocks.  

The optimal block size is from 10 to 5000, with 50 to 500 being the "sweet" spot.


blocks of less than 10 should be combined.



ATCSECURE



Do you mean split them into different addresses or completely different wallet?


Actually what I mean is this --- (and remember, doing this resets the counter/coin age to zero)


use coincontrol

expand it to list mode

you will list a of coin blocks, you can select multiple coin blocks and send them to a new address on your wallet

this combines those into a single coin block

Since the actual block # isn't shown in the list view, the only thing I can kinda tell they are the same block is that the confirmation number and date is the same.   Is that the way to tell they are the same block?  

So, select transactions that are in the same block(s) until you get to between 50-500 coins into a single address then?   The amount to send will be the exact total of all the selected transactions?


I should have used a better term.. When I said coin block, it Is really just a transaction, so if you had a bunch 2.5 XC transactions you can select several of them as inputs for a single output of say 10xc using coin control


I see.  So just combine all the small ones into larger ones so that you can get them to be at least 50-500 per address?

Would you say the lower 50 end is better or higher 500-1000 end is better for staking?

Also, I should choose the lower priority ones first right if I don't want to interrupt their staking cycle?


ATCSecure,  I think you might have missed my response and some further questions.   

I think once I got these questions answered, I will know how to prepare all my coins for staking.

Thanks!
804  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 27, 2014, 01:25:39 PM
last week I started to get my friends interested in XC. Showing them the TOR Stick and roadmap really worked. I already "sold" 2 Xnodes/sticks and bought the coins (550) for them. When the stick comes out they will open a wallet and I transfer the funds to them.

I told them about coin supply, Xnode functions (privacy and fee's), EM implementation in near future, TOR and ofcourse a possible X 10 value in next year (conservative)! they where hooked right away and told me to buy those sticks and 550 coins. Hoping to inspire more in time.. Start doing the same!





Those few hundred bucks in investment will pay off for them so many folds.   It will be like their best investment ever.
805  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation) on: June 27, 2014, 01:09:57 PM
The truth from the dev who did instamine ?  Cheesy Cheesy I doubt that.

Do you think dev shouldn't mine at the start? How long should he wait until he can start mining? An hour? A day? A week?

Isn't the dev the one who deserves the coins the most because he is the single most important person affecting the success of the coin?

Shouldn't the dev have enough coins to concentrate on developing the coin without having to worry about how to pay the next rent? Or should he flip burgers 10 hours a day and code after that while being tired and having no prospect of getting paid no matter how well he does the coding?

I never had problem with PREMINE if he wants to do so. BUT they did instamine, and saying "No Premine".

So if they say "No Premine", how long they should've waited before mining?

There's a slight difference between instamine and DRK instamine...

They instamined 40% of the coin the first day THEN they changed the reward rate for everyone else so no one can ever catch up to the instamine.

Other coins, at least it's just instamined X blocks....
806  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 27, 2014, 09:27:03 AM
Decentralized, anonymous, multi-path paradigm platform, platform paradigm, encrypted XProtocol, Blockchain 2.0, Web 3.0, quantum superpositioned dynamically trusted XNodes, self-staking marine antennas, collaborating multi-blockchain adjustments, just to name a few.


Yeah yeah. XC makes things that work, and in record time, whether you like the language we use or not.

And this is why XC is so severely undervalued.   


I always had the feeling that the undervalue came mostly from people thinking they missed the train with XC. So they keep chasing the other coins that hype anon. In reality the xc train has a lot of room for more investors before the train actually takes off. A hard head leds to a soft ass.

I think we are still recovering from the pump to 400k+ and the dump that followed.   There have been major consolidation in the 100s though.   So, it's pretty healthy.

IF XC only had anon, it should be valued at least double to triple, but XC is not just a coin and has many different applications in the future to support it.   That's where the super undervalue aspect comes in.
807  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 27, 2014, 08:20:56 AM
Decentralized, anonymous, multi-path paradigm platform, platform paradigm, encrypted XProtocol, Blockchain 2.0, Web 3.0, quantum superpositioned dynamically trusted XNodes, self-staking marine antennas, collaborating multi-blockchain adjustments, just to name a few.


Yeah yeah. XC makes things that work, and in record time, whether you like the language we use or not.

And this is why XC is so severely undervalued.   

808  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LAUNCHED][SCAMCOIN] | SCAM | First X13 SCAMCOIN| POW/POS| Bounties | on: June 27, 2014, 03:28:22 AM
I tried to mine solo, cached the block and what I've got:


1 incoming transaction (2000 coins), but the balance stil 0

fix the scam wallet, please

Let me be the first one to say it.  You got SCAMMED!   Get it?! You get it?!   Grin
809  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][X11][VootCoin]-Privacy Powered by NiteSend | First Anon TX on Blockchain on: June 27, 2014, 03:12:40 AM
I added some buy support Wink

Woo! Get your cheap VOOT Wink

Talk about believing in your own coin!
810  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 27, 2014, 02:44:11 AM


Staking XC - 101


For those looking to stake XC, it takes on average about 10-15days to stake, you can spread your coins into smaller blocks (blocks of 50 XC's) for a more consistent pay out strategy or you can keep larger blocks.  

The optimal block size is from 10 to 5000, with 50 to 500 being the "sweet" spot.


blocks of less than 10 should be combined.



ATCSECURE



Do you mean split them into different addresses or completely different wallet?


Actually what I mean is this --- (and remember, doing this resets the counter/coin age to zero)


use coincontrol

expand it to list mode

you will list a of coin blocks, you can select multiple coin blocks and send them to a new address on your wallet

this combines those into a single coin block

Since the actual block # isn't shown in the list view, the only thing I can kinda tell they are the same block is that the confirmation number and date is the same.   Is that the way to tell they are the same block?  

So, select transactions that are in the same block(s) until you get to between 50-500 coins into a single address then?   The amount to send will be the exact total of all the selected transactions?


I should have used a better term.. When I said coin block, it Is really just a transaction, so if you had a bunch 2.5 XC transactions you can select several of them as inputs for a single output of say 10xc using coin control


I see.  So just combine all the small ones into larger ones so that you can get them to be at least 50-500 per address?

Would you say the lower 50 end is better or higher 500-1000 end is better for staking?

Also, I should choose the lower priority ones first right if I don't want to interrupt their staking cycle?
811  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ◢◣ BurnerCoin x13 PoW+PoS ◢◣ Android Game available on play store! on: June 27, 2014, 02:32:13 AM
Google does absolutely no validation before they put an app on Play?

Why do you think trojans/virus/tracking/background mining type apps can get into the Play store? Wink
812  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 27, 2014, 02:26:32 AM


Staking XC - 101


For those looking to stake XC, it takes on average about 10-15days to stake, you can spread your coins into smaller blocks (blocks of 50 XC's) for a more consistent pay out strategy or you can keep larger blocks.  

The optimal block size is from 10 to 5000, with 50 to 500 being the "sweet" spot.


blocks of less than 10 should be combined.



ATCSECURE



Do you mean split them into different addresses or completely different wallet?


Actually what I mean is this --- (and remember, doing this resets the counter/coin age to zero)


use coincontrol

expand it to list mode

you will list a of coin blocks, you can select multiple coin blocks and send them to a new address on your wallet

this combines those into a single coin block

Since the actual block # isn't shown in the list view, the only thing I can kinda tell they are the same block is that the confirmation number and date is the same.   Is that the way to tell they are the same block?  

So, select transactions that are in the same block(s) until you get to between 50-500 coins into a single address then?   The amount to send will be the exact total of all the selected transactions?
813  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 26, 2014, 11:52:30 PM


Staking XC - 101


For those looking to stake XC, it takes on average about 10-15days to stake, you can spread your coins into smaller blocks (blocks of 50 XC's) for a more consistent pay out strategy or you can keep larger blocks.  

The optimal block size is from 10 to 5000, with 50 to 500 being the "sweet" spot.


blocks of less than 10 should be combined.



ATCSECURE



Do you mean split them into different addresses or completely different wallet?
814  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 26, 2014, 11:10:43 PM
Wow

Someone really trying to keep price down... spit out 18K sell.

Whoever this is, or people, are trying to set up walls to keep the price down it looks like.

Maybe someone just trying to capitalize on short-term profits? If so they better buy back in quick, this might backfire  Tongue


Selling now would be their biggest mistake of their life.
815  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ◢◣ BurnerCoin x13 PoW+PoS ◢◣ Android Game available on play store! on: June 26, 2014, 01:44:18 PM
Ok... If you are really saying that it DOESN'T bypass blockchain completely, then WARNING BELL is completely ringing off the hook, because look at point #6....

Let me repeat it here again for you...

6. The new wallet is then sent to the receiver via the BurnerConnect connection. The blockchain is bypassed completely!

Do you know how the fundamental of blockchain work?   How do you send coins from one address to another bypassing the blockchain?   Please do explain...

So... does it or does it not bypass the blockchain?  



In point #6 he is 100% correct. He IS bypassing the blockchain completely when sending the wallet(with coins inside) to the receiver. There isn't a record in the blockchain that person A is sending person B those coins.


Ok, so when Person A sends these many transactions to these wallets, it DOES create a transactions into say S1, S2, S3, S4, S5 right?

And... then you send these wallets to person B?

So, if person B then go and buy drugs online with these S1, S2, S3, S4, S5 or Person B sends these coins to wallet C and then spend the money illicitly..., wouldn't the tie back now goes back to Person A?

You are the source of this original funds that was created from wallet A afterall....  I don't know how much more hard link this can be.

If Chaeplin from DRK saw this... he would go nuts....

ps. If you don't know who Chaeplin is..., he's a troll from DRK that goes around XC thread and FUD all over the blockchain saying there's hardlink this hardlink that and after rev 1.5 can't do it any more so he went quiet.
816  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 26, 2014, 01:41:44 PM

I think top can be huge, but with some concerns. DRK top - .017(or close), XMR top - .0095. DRK and XMR have a little less total coins and same idea as XC.
First was DRK, next - XMR, and let's assume, XC will be the third. If every next coin rise is smaller than the previous, I think XC top will be .005-007


If.... you assume that XC only competitiveness is in ANON, which XC clearly is not.  Its' aim is to become a platform for blockchain 2.0 applications.
817  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ◢◣ BurnerCoin x13 PoW+PoS ◢◣ Android Game available on play store! on: June 26, 2014, 01:35:47 PM
So, how do you bypass the block chain completely?   How does the coins get moved from the original address into these newly created wallets?

Did you read what he wrote before you started asking questions? He never claimed he is bypassing the blockchain completely. He is disguising one large transaction into many smaller transactions. He wrote: "We are not attempting to disguise the original sender, but we are disguising the amount of coins sent to one receiver."

He does bypass the blockchain when the wallets are sent to the receiver.

Today I have a few announcements and some surprises!

The closed beta of the new BurnerCoin wallet begins today. I want to thank everyone who sent me a pm requesting to be part of the beta! I have selected 10 beta testers and they will received the new wallets shortly after this announcement.




In my announcement on Monday I wrote we have been working on new technologies and today I would like to announce our new feature BurnerConnect will be enabled in the beta. BurnerConnect is a separate feature than Tor and we are considering it an advanced option.

BurnerConnect is a new anonymity feature that allows a sender to send BurnerCoins to a receiver via a direct tcp/ip connection! This method bypasses the blockchain and sends a specially created wallet to the receiver. The connections are established directly and no central server is needed.

How BurnerConnect will work...

1. The receiver gives the sender his/hers special BurnerConnect address. This address is a specially formatted version of the receivers IP address. Example: 102.32.91.42  = cxy-sy-mt-ry

2. The sender enters the receiver's BurnerConnect address into the new wallet.

3. The sender enters the amount he/she is sending and clicks send.

4. A new Burner wallet is created and the BurnerCoins are transfered to the new wallet.

5. A secured connection is then established with the receiver. The sender does not have access to the receiver BurnerCoins.

6. The new wallet is then sent to the receiver via the BurnerConnect connection. The blockchain is bypassed completely!

7. The receiver's client opens the wallet automatically and the BurnerCoins are now added.

8. The connection is immediately disconnected once the wallet is received.

We felt sending wallets/coins in this manner have numerous benefits for both the sender and the receiver. There are no central servers and exchanges needed for this technology. It is as simple as sending an email, and there is no record of the transfer in the blockchain.

BurnerConnect is up and running, and the beta testers will be able to use BurnerConnect along with Tor today!


I may be a bit new to Crypt coins / currencies but it does not seem like a good idea to break a transaction outside of the blockchain. How is the transaction validated? If the coins are truly outside of the block chain and the owner goes to sell them on an exchange, how does the exchange validate them?

If they are outside of the block chain, how do you tell if they are counterfeit or not. It also begs the question if a coin can be moved in and out of the block chain does that call into question the validity of the block chain itself.

Seems to me that moving coins in and out of the block chain opens the block chain to all sorts of potential shenanigans.

I don't see the anonymity in this. IP traffic is super easy to trace. So, I dont see where the anonymity comes in here. Matter of fact this seems less anonymous than if the transaction was simply left in the block chain.

But what do I know. I'm a noob. But, sure would like to understand better.

Thanks


Ok... If you are really saying that it DOESN'T bypass blockchain completely, then WARNING BELL is completely ringing off the hook, because look at point #6 from yesterday announcement....

Let me repeat it here again for you...

6. The new wallet is then sent to the receiver via the BurnerConnect connection. The blockchain is bypassed completely!

Do you know how the fundamental of blockchain work?   How do you send coins from one address to another bypassing the blockchain?   Please do explain...

So... does it or does it not bypass the blockchain?  

818  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ◢◣ BurnerCoin x13 PoW+PoS ◢◣ Android Game available on play store! on: June 26, 2014, 01:25:10 PM
So, how do you bypass the block chain completely?   How does the coins get moved from the original address into these newly created wallets?
819  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] X11/PoS/Privacy on: June 26, 2014, 12:47:39 PM
Quote
Usually, movements in the market tend to have a relationship to each other - "the bigger the base, the higher in space; the bigger the top, the bigger the drop; and the bigger the drop, the longer the need for repair".
http://shookrun.com/ta/tageneral.htm

So... you are saying we have been in repair mode and this is a GIGANTIC base?   So, the TOP will be HUGE....

820  Alternate cryptocurrencies / Altcoin Discussion / Re: Unmoderated XC thread on: June 26, 2014, 03:56:51 AM

LMAO!!

Actually, I hold a few coins, BTC, LTC Cloak, and even some Darkcoin, although I have been selling my dark and stocking up on cloak for the last 2 weeks.
I don't believe any coin will ever pass BTC as its the one with the 100's of millions flowing into it via VC, traders, investment bankers ect.

BTC is always going to be number one, without a doubt, you can quote this!

I think people still don't fully understand the advantages of masternodes. It's diverting block reward to non-miners. That reward can be tweaked to produce various outcomes.

Btc is guaranteed to lose number one spot as development has virtually halted. And the ecosphere is resistant to any major changes.


So, DRK shills was saying nobody was comparing DRK to btc...

So, let's get that 1000 btc vs 1000 DRK bet on.  Who's setting up the escrow?
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