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Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] [XBS] Bitstake | For everyday digital currency tasks ---- SCAM!!!! BEWARE
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on: May 01, 2015, 03:53:02 AM
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Sorry, still not buying this "it's just trading" business.
I'd much rather buy a legit coin at a $1 million market cap that climbs to $20 million with lots of liquidity then a weekly logocoin at $30k that reaches a $90k cap with no liquidity.
Let's say it for what it is, It's not trading, it's gambling. And the fact no one wants to pour money into good alts and instead scams is why we don't see big market caps anymore, it's just people fighting over bitdust and scraps at this point.
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Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] [XBS] Bitstake | For everyday digital currency tasks ---- SCAM!!!! BEWARE
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on: May 01, 2015, 02:43:56 AM
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You guys lost money again?
* Never buy at the top.
* When you got in right, always be ready to sell for a profit even if it continues going up.
* When a trade goes against you, be prepared to sell and take a small loss.
* And remember, these are Pump and Dumps. These coins have no real value. Its price is derived from the
laws of supply and demand.
* Bottom line, this is trading, not investing. You are bound to lose money from time to time.
It would be less offensive if the Bitstake dev wasn't going around hawking their bogus platform to the media, it ends up making crypto look bad as a whole. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: Leocoin ?
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on: April 28, 2015, 01:38:37 PM
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Are you guys trolling or are there really people, who are stupid enough to still pay into this scam?
The best part about this is the schmucks over at Learning Enterprises probably thought we'd all buy into this BS and they'd pull a fast one on us. Nice to see a scam worked on for months going down the drain  |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Unlocked Thread!][ANN][BITS] BitSeeds - A Currency that Grows!
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on: April 28, 2015, 01:27:06 AM
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If your goal is to help the RF via this crypto then you will have to start over. Keeping the current BC for POS is futile, Less than 3 millon coins are owned outside of the 100 million "lock box". 1/3 of that is in the hands of the 130PH hasher. This coin, as a POS only, is on a fast slide to 1 satoshi. You will also be losing your network support, the coins will be dumped and the users abandoning your POS block chain for greener pastures. If you want to run a crypto COIN, then you need to start over with a non-ASIC algo, like Keccak or Cryptonight. Instead of a premine or genesis contribution of 100 million to the RF, you should allocate X number of coins per found block to RF. For instance, block is 100 XSEEDS, 95 XSEEDS go to finder of block, 5 XSEEDS go to RF. You can still have POS along with POW. However........ If you really want to make money, and I mean real $$$, you should be developing DAPPs. At Crypti, we are nearly finished with our Custom Block Chain project, and will be launching DAPPs on the bc. FOr more info, PM me, or check our BTT blog https://bitcointalk.org/index.php?topic=654463If he "starts over" its even more dead in the water as many people mined or (like myself) bought at great expense to be told our investment is gone overnight. Why would we come back then? I don't see what the problem with POS is, the trend for all coins as of the last year has been to go POS and the increasingly shorter mining phases is just a means to an end. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Unlocked Thread!][ANN][BITS] BitSeeds - A Currency that Grows!
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on: April 24, 2015, 05:10:46 PM
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The assume is that people are all in it for themselves and could care less about others. Correct me if I'm wrong but the whole point of these alt coins is to promote digital currencies and alternatives to the current structured system.
Heh I have such disregard for the high number of slugs on this forum I would consider bitseeds to have done more for humanity than 95% of the alt coins on here even if every one trading loses his shirt and only 1 tree ever gets planted because of it . That being said though I hope some of us can make some good money and the RF will raise some money too, win/win for all. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Unlocked Thread!][ANN][BITS] BitSeeds - A Currency that Grows!
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on: April 24, 2015, 04:12:58 PM
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if the shriners had so much money that they could fork their hospital and destroy it at any time that would easily be considered to much.
if RFF recieves these 900k coins somehow, those coin represent only 0.9% of their total holdings. Meanwhile 900k is about a third of the publicly available coins. Whoever mined those coins deserves them, unless people think RFF having 100.9million coins which can create ~11million coins yearly is fine while the rest of the community gets left with 2.1million coins to hold/trade which will still be less than 3 million by this time next year?
Of course the RFF with this massive premine could fork the coin, but the question is why would they destroy their own charity like that? The premine is a non-issue if we are led to believe the coins will mostly be sold OTC and most will never even hit the exchanges to be dumped. The big fear is Bryce and friends potentially having alot of the coins, but even that now has been surpassed by someone with 900k coins which is a 1/3rd of the mined "publics" supply. It just seems to me like an irrational move to counter fear with even more fear on the part of the petahash miner. |
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I updated the code for the latest secp256k1 and will get that checked in soon as well. 
