I read through it and it seemed fair to me.
Seemed geared towards the average person out there to give them the basics.
Information overload is not going to help eh guys..
After puling some quotes to explain why it is indeed crap, I found that the article is published today, but talks as if Mt.Gox is still active and around. I then went to Bloomberg.com to find this article on their site and says it doesn't exist. So it is possible this is some Yahoo finance scam posting of an old bitcoin article. Ill continue to look into this and delete this thread if it is true. |
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One of the worst articles I have ever read related to Bitcoin/bitcoin. Many errors and total lack of knowledge. http://finance.yahoo.com/news/explaining-bitcoin-without-buzzwords-191300534.htmlArticles like these set us back with the financial/investment masses even more. Total work of crap. Enjoy! Edit: This is an article from April 2013, re-posted on Yahoo Finance 5 hours ago.I ask that a mod delete this thread for me since it is a worthless posting. thanks. |
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...
Worrying about what oblivious clam owners (mostly owners of undug clams) will think about changing something about Clams, if that even happens, is a strange anxiety and not productive. Stakers are the network, and the network is the cryptocurrency.
My concern is not about future whale diggers, my concern is: "Why would future users of Clam, buy Clams, knowing that the protocol can change if majority holders don't like something about the protocol, at that time?" My concern is future users/investors. For example with bitcoin, what if in the future, the 21 million cap is raised to 42 million? The BTC price would not only tank due to future increase in potential supply, but also the fact that the rules were changed, and that means there is no fundamental truth to the coin. Nothing is "written in stone" with the coin. The risk of future loss is greater now, than if the protocol never changed, IMO. Forking to 2 coins does not make sense.
I wouldn't consider "Cooked Clams" a fork. I think it would be like a layer on top of the Clam network. DogeParty is considered a layer to the Doge network. ( http://www.dogeparty.io/) ( https://www.cryptocoinsnews.com/dogecoin-community-burning-currency-dogeparty/) But I'm not a coder, so I don't know if a layer to Clam is still actually a fork of Clam. |
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You'll have those people who keep using the current CLAM currency, and those who burn their CLAMs to get "Cooked CLAMs". You'll have two separate blockchains, two different markets on Poloniex, two different prices.
Or did I misunderstand?
In theory, majority of people would "cook" their clams to protect their holdings. There would be no reason for people to stay behind on the "old" Clam chain. The "old" chain would only exist as a secondary market (silver, to gold), for people who have not yet dug their potential clams, but those potential clams can not be "cooked" after a certain date. It is a way for the clam holders to be protected from future digs(new clam), and for potential future diggers to still have their valid digs (old clam). I do not think it would split the community, just create a gold and silver version of the same coin. Just-Dice, in theory, could accept both, the rich mans clams and the poor mans clams. ...
It removes power from individuals.
It gives power to stakeholders and the network.
I agree that CLAMour is a more proper way to determine Clams future, compared to just doing whatever the Devs want. I'm just concerned that if a protocol change is agreed upon, and implemented based on what the largest holders want, it could ruin the reputation of clam in the eyes of all future potential investors. Many investors shun certain altcoins if those altcoins protocol potential are seen as wishy washy. It is a credibility issue. When it is all said and done, I am just voicing my opinion, I have no expertise in coding or economics. I just wanted to see if anyone had proposed a burn Clam evolution coin idea. I do not claim to be arguing for the correct position or idea. Just throwing it out there to see what community would think. I have not even attempted to work out all the possible benefits and/or failures of this idea. |
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Question as to changing the Clam protocol (or whatever) to prevent future Whale Diggers.
Forgive me if this has been presented before, but there are many pages in this thread now, but:
Has anyone proposed, a new coin being created from burning your Clam coins?
What I am proposing is a secondary coin (like dogeparty), where we burn our clams now, and lock in that total clam cap,
by a certain date. Anyone who wants these non-dig-able Clams after that date, can no longer burn their clams for conversion.
These "cooked" clams would still have staking and etc, but are not diggable and forever fixed, except for the staking.
This allows current Clam Coin to not change its protocol, which is a violation of the social contact,
and would also allow current Clam holders not to lose value with potential whale diggers.
We could call them "Cooked Clams".
I speak for only myself, but I have no desire to splinter the CLAM community. This doesn't, of course, change the fact that any party could choose to fork CLAM and create such a network. Just to clarify, I have no desire to splinter the community either. I would have thought this idea would have been seen as a less drastic move, then the current voting mechanism based on holdings. If a vote is made and agreed to changing the protocol, I assume the damage would be much greater than what "Cooked Clams" would do. In regards to forking Clam to do this, people would only support this if it was by the Clam Team. I was only suggestion it as an alternative to a change to the protocol. |
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Question as to changing the Clam protocol (or whatever) to prevent future Whale Diggers.
Forgive me if this has been presented before, but there are many pages in this thread now, but:
Has anyone proposed, a new coin being created from burning your Clam coins?
What I am proposing is a secondary coin (like dogeparty), where we burn our clams now, and lock in that total clam cap,
by a certain date. Anyone who wants these non-dig-able Clams after that date, can no longer burn their clams for conversion.
These "cooked" clams would still have staking and etc, but are not diggable and forever fixed, except for the staking.
This allows current Clam Coin to not change its protocol, which is a violation of the social contact,
and would also allow current Clam holders not to lose value with potential whale diggers.
We could call them "Cooked Clams".
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i hate the trollbox.. they act like thugs, like scammers... and it stupid to deal with.. where's the professionalism  !!! Well it is now just the waiting game... Please come back to this thread and let us know what was the reason for your account being frozen was, after being answered. I'm sure other Poloniex users would be interested, especially if it is something strange and other users should be careful. |
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ive been learning to mine all types of coins for a year so I know how to make deposit and withdrawals. here is a copy of my account info and when i click on withdraw BTC it say This account is frozen.
OK
...
Well, looks like it is indeed frozen then. It could be related to the info your provided to get the 7000 USD withdrawal limit. There may have been a problem and they froze pending some clarification. But yes, Poloniex should have emailed you to notify that they had frozen your account. Their support is usually good, so I'm sure if it isn't a serious issue, it will be addressed soon. Did you ask for clarification in the troll box? Sometimes a Mod can check stuff, but not fix it. |
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i have done that and being patient... my concern is would it be more professional to receive an email at least to say that my account got frozen due to....... and instead to find out after you deposited from mining and try to withdraw the after converting to btc!! the only email i just get is from help desk got my ticket and still no warning why my account get closed? for Bitcoin , it still not like banking and im getting worried about BTC popularity which exchanged are hurting bitcoins image,,
How do you know your "account is frozen"? Can you be more specific as to what your problem is? If you received coins from mining pool into Polo, then sold them for BTC, then you would need to withdraw them. There is a limit on your withdrawal amount depending on your verified information. Unverified is 2000 USD per Day. Are you attempting to withdrawal more than 6 BTC in a single day? |
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this is once happen to me,its happen if you generate too many address on same time,or too many generte various address. just contact poloniex and send a message about what happen to you,and they will explain how your account frozen. this is the site https://poloniex.freshdesk.com/support/home...
Edit: Didn't know that could happen thanks Realphotoshopper I'll be careful myself with generating to many new addresses.
Address generation has been disabled on Poloniex. It has been this way for about a week and a half. They disabled the ability to change deposit addresses since they claim users are now abusing it. Which is bizarre. The most likely reasoning for disabling this feature is to conform to government regulations such as KYC and etc. So, the OPs frozen account, may not be related to address generation, if it was frozen within the past few days. |
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What did I do that was so "Meta"?!
Meta is for discussions about the forum, itself. If you were moved to meta, with a previous thread, and it was about this site, then yes, you should be in that section. |
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Odds are a 1 full point increase, which will spark the second asian currency crisis and most likely the collapse of China's economy
I don't think they will increase interest 1% but we may see maximum 0.50% increment or increase to total 0.50% I don't think either or actually anything will happen. The market isn't even reacting. But if they do raise rates, I think bitcoin will have a great holiday. Higher interest rates is not good for bitcoin. It will cause money to be pulled out of bitcoins and moved into bonds. I disagree. Higher Interest Rates will cause money to be pulled out of stocks and then moved into bonds and bitcoin. The people who "invested" in bitcoin, didn't do so for the short term return, but as a long term hedge against future financial problems. If Interest Rates go up, people will dump their stocks, which will cause a fast crash (average people will lose at least 25% of their 401K (stock bag holders)), which will cause a rise in bitcoin speculation, since it is basically a hedge. Atleast this is my reasoning to my original statement. |
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This is the exception:
Releasing the minutes under the Sunshine Act...
(e) shall not apply to any information pertaining to such meeting otherwise required by this section to be disclosed to the public,
where the agency properly determines that such portion or portions of its meeting or the disclosure of such information is likely to—
(9) disclose information the premature disclosure of which would—
(A) in the case of an agency which regulates currencies, securities, commodities, or financial institutions, be likely to
(i) lead to significant financial speculation in currencies, securities, or commodities,
Which is reasonable. The minutes could create financial uncertainty that is not justified, in the very short term.
They may release the minutes next week though.
It might be reasonable but won't withholding the minutes create significant financial speculation in currencies, securities, and commodities anyway? The OP was speculating about it. Wouldn't it have been wiser to have kept the fact they were holding a meeting secret, or are they not allowed to do that? I'm not fully informed on what they can or can't do (especially in a national emergency situation), but I don't think they can have any secret meetings ever. That would be a violation of the Open Public Records Act. Then again, it may be that they aren't held to the Open Public Records Act since it isn't really a government body. So, in that event, if they did have secret meetings, it would probably lead to more uncertainty then what they currently do. |
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Does this announcement mean they decided to keep quiet about their intentions, and censored the minutes of the meeting? I don't know what "exemption(s) 9(A)(i) of the Government in the Sunshine Act (5 U.S.C. Section 552b(c))" relates to, but they say they closed the meeting to public observation because its subject is covered by that act. http://www.federalreserve.gov/aboutthefed/boardmeetings/20151123exp.htmNotice of a Meeting under Expedited Procedures
On Monday, November 23, 2015 at 11:30 AM, a meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures, as set forth in section 26lb.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th and C Streets, N.W., Washington, D.C., to consider the following matters of official Board business.
Meeting Date: Monday, November 23, 2015
Matter(s) Considered
1. Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks. 9(A)(i)
Effective November 23, 2015, the meeting was closed to public observation by Order of the Board of Governors 1 because the matters fall under exemption(s) 9(A)(i) of the Government in the Sunshine Act (5 U.S.C. Section 552b(c)), and it was determined that the public interest did not require opening the meeting. This is the exception: Releasing the minutes under the Sunshine Act... (e) shall not apply to any information pertaining to such meeting otherwise required by this section to be disclosed to the public, where the agency properly determines that such portion or portions of its meeting or the disclosure of such information is likely to— (9) disclose information the premature disclosure of which would— (A) in the case of an agency which regulates currencies, securities, commodities, or financial institutions, be likely to (i) lead to significant financial speculation in currencies, securities, or commodities, Which is reasonable. The minutes could create financial uncertainty that is not justified, in the very short term. They may release the minutes next week though. |
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Odds are a 1 full point increase, which will spark the second asian currency crisis and most likely the collapse of China's economy
I don't think they will increase interest 1% but we may see maximum 0.50% increment or increase to total 0.50% I don't think either or actually anything will happen. The market isn't even reacting. But if they do raise rates, I think bitcoin will have a great holiday. |
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You do not understand the basics of Bitcoin/bitcoin.
The miner's fee can be adjusted in the future, to equal the new appropriate miners fee.
The decimal is not fixed, but adjustable, if and when needed.
For example, if 1BTC is equal to $1,000,000 USD (we all wish),
then the miners fee will be adjusted to around 0.0000001 BTC or 10 Satoshis.
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Definitely not needed or advised for Bitcoin. That is like an atomic bomb to Bitcoin.
If people are worried about spam tx attacks bloating the blockchain, videos being added would definitely kill it.
If you want this type of feature, a new coin should be created for this purpose.
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This is goooood news..
As of the release of Core 0.11.2 OP_CHECKLOCKTIMEVERIFY is now becoming a reality.
This has major implications, as it means that REFUND TXNs now work. Without having to worry about TXN malleability.
...
You probably shouldn't say "refund" txs, it is more like escrow, and when the terms are not fulfilled, it is returned to you. Refund makes it sound more like on-the-spot return. But anyway this is great news. Many new features and companies will come from this. |
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He was still active with coding and the community when he stepped out his apartment door,
walked to the corner super market, and was struck down by a vehicle.
The vehicle then took off, and to date, hasn't been located.
Witnesses said the driver was a young woman with two toddlers in the backseat.
Satoshi was declared deceased in Addenbrooke's Hospital on December 13, 2010 at 6:16 pm, GMT.
RIP Mr. Nakamoto
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