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561  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available on: July 25, 2014, 01:05:27 PM
Dogecoin community is a family, poor family  Grin

It's still worth 20 million dollars though Wink
562  Other / Beginners & Help / Re: 51% problem still existant after all coins have been mined ? on: July 25, 2014, 01:04:01 PM
Since this will be in more than 50 years, many events can happen to make Bitcoin secure even though there are no block rewards to incencitive miners.

Bitcoin could become widespread enough for mining to be sustainable with transaction feess, or perhaps in 40 years it will switch to PoS v.24 or something like this Wink
563  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available on: July 24, 2014, 04:48:32 PM
Why would the 6 owner of these adresses, who most likely are exchanges with no contact to each other, want to colaborate to destroy the coin when they hold such a huge amount of it?

You have a fair point, but I think PoS is considerably better than the current system. I'm not totally against auxPoW either, but I don't trust LTC to maintain an high value for a long enough time to make it truly worthwhile to fork to be merge-minable with them.
The doge community badly needs an education on how AuxPoW works... if you decide to be merge-minable, then you can be merge-mined with ANY parent chain - you aren't dependent on Litecoin, you're dependent on scrypt mining (just as you already are).  So, as long as there is a strong scrypt mining network, you're good.  And, considering all the investment going into scrypt mining hardware, do you really think it's going to fade away anytime soon?  Pretty unlikely.

That said, I want some of what you're smoking if you don't think Litecoin's exponential hashrate is an indication of where its value is headed.

An high hashrate is only one of the many criterions which determine the price. Pesetacoin has an hashrate of about 200 Gh/s, and its market cap is still at less than 40 000$. Litecoin, having no considerable advantages over other coins and a small community, seems overrated to me.

I know that auxPoW allows to merge-mine with any scrypt coin, but I don't think that any scrypt coin beside Doge has a bright future.
564  Economy / Speculation / Re: My theory is proving true once again on: July 24, 2014, 02:05:19 PM
Don't people who use their BTC to buy from Bitcoin-accepting merchants usually replenish their lost BTC after a while? That would create a net neutral effect on Bitcoin prices.

I doubt that most early adopters, who still have hundreds of BTC bought for a few dollars, would want to buy back the same amount at a price higher by a few orders of magnitude after spending them with a new merchant.
565  Alternate cryptocurrencies / Altcoin Discussion / Re: whats going on with dogecoin value? on: July 24, 2014, 01:45:56 PM

Well, another precious metals company decided to accept Dogecoin yesterday: http://finance.yahoo.com/news/provident-metals-accept-bitcoin-dogecoin-110000518.html
566  Other / Beginners & Help / Re: Paypal -> BTC on: July 24, 2014, 01:42:37 PM
i tried to do this and guess what, got my account frozen for no fucking reason

It was not for no reason, as PP clearly states that it dosnt allow such PP-BTC conversions, due to un-reversibility of bitcoin transactions and what not.
Never buy btc with pp, and even more important, never sell btc for pp (as you will likely be scammed)
Browsing this forum for similar problems you can easily see that PP and BTC dont mix well.

The big problem is , I have nothing else to use atm.....

Is it such problem to use ego pay, and then transfer from there to exchange.
Whatever you do, keep away from Paypal.

How is ego pay better than Paypal?
567  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available on: July 23, 2014, 11:52:06 PM
PoS would be a bad move imo... which is probably what they will go to haha

DoGE went perfect to start and ever since near Christmas it has been exact opposite of what I wanted to see.

I am working on something for doge people to speculate on with DOGE rather than just btc/doge or ltc! Tongue I love lil doge for whatever reason Cheesy

Hope all is well Lynn.

Why would it be a bad move? It would improve security since Doge is well distributed, and it would solve the inflation problem since it would be equally redistributed to everyone. By merge-mining with LTC, the big inflation rate could still be a problem.

What will we be able to speculate on? Smiley

Hope all is well for you too!
Proof of Share would be a horrible move for Doge, I think.

Well distributed? you're kidding, right?  http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html

32.68% of all coins are in only 6 address.  46.15% of coins are in only 66 addresses...  Doge could get 51% stake attacked so easily under PoS. 

AuxPoW is the only viable option right now, and as the Doge hashrate and blockreward continues to decline, the community is rapidly losing the opportunity to get mining pools to add merge-mining.

Why would the 6 owner of these adresses, who most likely are exchanges with no contact to each other, want to colaborate to destroy the coin when they hold such a huge amount of it?

You have a fair point, but I think PoS is considerably better than the current system. I'm not totally against auxPoW either, but I don't trust LTC to maintain an high value for a long enough time to make it truly worthwhile to fork to be merge-minable with them.
568  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn Bitcoins Simply By Posting on: July 23, 2014, 11:45:13 PM
Looking forward to next months payment changes and seeing the new rates!

Can't really imagine rates going up as there isn't really any significant competition, and there are already so many people that are part of the campaign

I doubt it would go up, unless there was a surprise in the bitcoin price or something like that.  Most likely the signature campaign module will change, from pay per post to pay per activity/rank, which I think would be a great idea Smiley
If this is going to happen mean pay per activity then its much better and its bring down many useless posts

Exactly.  9/10 people enrolled in this campaign are posting for just the payment, you can tell it by their words...  If you reduce the payments, watch, they'll post A LOT less.  Stunna didn't want it like that, he wanted people to do their regular posting, and just ignore their signature.

But payments are only for those who at least are members, which means they have spent more than two months posting for free, which shows that they are interested in cryptocurrencies and are not posting only to get paid.
569  Alternate cryptocurrencies / Altcoin Discussion / Re: whats going on with dogecoin value? on: July 23, 2014, 11:42:28 PM
Doge will get 51% soon and die.

51% attacks are overrated; they are not enough to make a coin die.

The only way it could die is if the community abandoned it, which seems unlikely to happen.
570  Other / Off-topic / Re: How many of you use reddit? on: July 23, 2014, 11:38:29 PM
I usually read the dogecoin section of reddit, made some great deals there.

What kind of deals did you get there?
571  Local / Actualité et News / Re: eBay ne veut toujours pas entendre parler du Bitcoin. on: July 23, 2014, 06:42:02 PM
Surtout qu'il a déjà déclaré avoir invedti dedans a titre petsonnel si je ne m'abuse.

Je ne sais pas pour le CEO de eBay, mais celui de Paypal a dit ça en effet Smiley

Ce ne serait pas illégal de faire ça? Je doute que le président d'une compagnie aussi lucrative que eBay voudrait risquer sa réputation et son emploi pour esperer gagner quelques millions de dollars.

Illégal non, le bitcoin n'est pas un marché réglementé, pas de délit d'initié à priori.
Après, je pense sincèrement que vu ce qu'il se fait déjà, qu'il s'en balance royalement.

Merci pour la clarification.
572  Alternate cryptocurrencies / Altcoin Discussion / Re: whats going on with dogecoin value? on: July 23, 2014, 06:40:59 PM
but may exchange sites use it as a market for example bitcion market / litecoin market / dogecoin market.

like swisscex dot com:

https://www.swisscex.com/market

 so will they take another coin as a market refer?

It's value is still a lot more stable than coins of similar value, so it's unlikely that they will change to another coin for that market.
573  Economy / Speculation / Re: Will bitcoin ever reach $1000 dollars again? on: July 23, 2014, 06:39:14 PM
The problem is that Bitcoin in itself is still considered by many to be a ponzi scheme.

The World Bank considers Bitcoin as a 'naturally occurring' Ponzi scheme.  Roll Eyes

http://www.coindesk.com/world-bank-report-bitcoin-naturally-occurring-ponzi/


On the other hand, many bitcoiners consider our current financial and banking system as a big scam.  Cheesy

Actually, pretty much every aspect of the economy could be consider a ponzi scheme Tongue

Imho, cryptocurrencies are the lesser of all evils, because they have the advantage of empowering users (especially early adopters) rather than mostly a few powerful and corrupt individuals.
574  Other / Off-topic / Re: How many of you use reddit? on: July 23, 2014, 06:37:27 PM
how is 9gag similar to reddit?

9gag is similar to the subreddits /r/funny and /r/adviceanimals

it ain't a forum

it's a social networking website, it's just forum-like

well whatever it is its not just a good looking site plus there is a lot of suckers out there specially a lot of sobs story girls posting their body just to get a small amount of coins etc

I think you're confusing the whole Reddit with the subreddit /r/girlsgonebitcoin Cheesy
575  Other / Beginners & Help / Re: Paypal -> BTC on: July 23, 2014, 06:36:10 PM
Well , I guess I will avoid buying BTC through Virwox because of the high fee's , but buy dogecoins with paypal and exchange it into btc sounds like a good idea.

There's a considerable mark-up that way, but it's inevitable because of the frequent frauds.

And it has the advantage of being quite fast.
576  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [CLOSED] Ninja Group Buy #5 - QTY 8 Gridseed LA6M 48Mhash Scrypt [0/160] on: July 23, 2014, 06:35:19 PM
With the current difficulty with ROI and the very nice Antminer S3 I'd be for a switch to BTC mining. With a batch of those we'd at least start mining again. At the moment nothing happens and Ninja doesn't respond anymore Sad

If we were to do such a radical change as switching to mining another algorithm, might as well do a share buyback and start a new group buy.
577  Economy / Speculation / Re: Will bitcoin ever reach $1000 dollars again? on: July 23, 2014, 04:58:11 PM
I bet we will reach the 1k soon, it's just a matter of time, no way back unless new alt. coin takes btc place and I doubt this.

It's a shame that we went past 1k and then dropped back down to 600 I think by the end of this year we'll be back up to 1k+

Didn't we see something very similarly in early 2013, in which the price went past $200, then dropped back to below $100 and reach $1000 by the end of the year? Wink

Yeah!  It will reach $1000+ by the end of the year. I think ponzi schemes are making a bad impact on the price. Do you think it is?
Kindly,
         MZ

why?

ponzies are everyhwere, not just bitcoin

I don't think they affect us at all

The problem is that Bitcoin in itself is still considered by many to be a ponzi scheme.
578  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is My Rig good for Mining? on: July 23, 2014, 04:49:15 PM
I use coinwarz.com calc. You can compare other currencies and you can see which coin is more profitable. You can also you individual calculator. It is good for people who want choose more profitable coin.
Kindly,
        MZ

Coinwarz' calculator has the disadvantage of not considering the increases in difficulty, which is actually the most important variable.

It's fine when calculating for short-term, but it is not accurate at all for longer-term.
579  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available on: July 23, 2014, 04:45:19 PM
PoS would be a bad move imo... which is probably what they will go to haha

DoGE went perfect to start and ever since near Christmas it has been exact opposite of what I wanted to see.

I am working on something for doge people to speculate on with DOGE rather than just btc/doge or ltc! Tongue I love lil doge for whatever reason Cheesy

Hope all is well Lynn.

Why would it be a bad move? It would improve security since Doge is well distributed, and it would solve the inflation problem since it would be equally redistributed to everyone. By merge-mining with LTC, the big inflation rate could still be a problem.

What will we be able to speculate on? Smiley

Hope all is well for you too!

580  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available on: July 23, 2014, 04:33:13 PM
I feel horrible for these businesses accepting doge and have zero clue about it.... I bet it leaves a sour taste in a bunch of ppls mouths Sad

It is a never ending hole right now. This has got to be fixed... pretty much I think of it as trying to build a sandcastle on the beach... better off to build on a rock or it will always get washed away

I was a shibe long time ago, now I only own some physical dogecoins.
Can someone gives me a quick resume what is going on in the dogecoin-world.
Read the dogecoinball and there was a stripe about low hashrate, is that the main concern?

Thanks.

Yes it is, and the aggressive block halving schedule which will lower the hashrate even more when compared to LTC.

The two solutions which are most likely to happen are implementing merge-mining with Litecoin, or switching to PoS at the last block halving.
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