If the main purpose of this huge hash attack is just to mine it and dump it for profit, sure I can see the point about the incompetence of the choices made in the setup of the coin to prevent this.

However if there is some political point trying to be made here by an entity mass instamining the coins to punish the foundation here, I don't see their POV. If this particular entity think Bitseeds is a scam, how is harvesting 900k coins, dumping them on the market and making off with the BTC going to rectify that? That just makes one thief stealing from another.

Now if they took those 900k coins and DONATED them DIRECTLY to the Rainforest Foundation and kept them out of the hands of greedy speculators, that I could respect a little more.

If whoever was behind this and is reading this really wants to do the right thing, prove it by doing something positive with the coins instead of just enriching yourself and pretending you're a white knight.

He already pulled this drama stunt last year, he quit Doge because it was a "cult", now he is out attention whoring again.

Actually the crypto world is dominated by Han Chinese, not white males.

Yes this western speaking forum may be dominated by white males, but so is the tech industry as a whole. Instead of whining about it people like Palmer should be doing more community outreach into urban areas to recruit minorities into the computer culture but the liberal philosophy is to just blame everyone else for their grievances and engage in self hatred.


So why are you in crypto anyway? It is the exact opposite of big government Keynesian economics where you just solve economic problems through more inflation and paying off debt with debt. What I find strange too is how many Marxists there are in the crypto community around here yet I can't find any connection as to how Bitcoin can bring about a communist world. How can workers own the means of a decentralized production world?

And Bryce is wrong on that as well.

But I don't like a few increasingly centralized miners dictating what can and can't be destroyed anymore than I like the government doing the same.

Let the free market of buyers and traders decide whether they want to buy it or not.

1 or a few guys conspiring with huge ASIC farms are not exactly "the market".

As much as I personally dislike Bryce, how petty do you have to be to turn a 1/3rd of Bitcoins hash rate over to try and kill a charity coin?  Out of all the cookie cutter scam coins that pop up week after week on here this is what they choose to attack? I prefer the market decide what they like or don't like, not outright vandalism.

Really I don't like bryce at all but you're grasping at straws dude, it's not like generic fonts and a leaf aren't exactly used all over the place, I say this as a graphic designer

What is the issue with the chain exactly?

I think Garza is a crook and hope Paycoin goes down but I dislike how Coinfire is playing Batman by working with government agencies who would love to crack down on ALL crypto and are finding their excuse in Garza's operations.

Memo to coinfire, You're not real journalists and you certainly aren't real cops.

Any word on the problems with the chain and the market opening back up?

Litecoin will die because nothing is being done to promote it to the general public

I mean look at this website

https://litecoin.org

It stills says copyright 2014, its cold and sterile, the average person wouldn't give more than a 2 second look at it.

Compare it to ubuntu.com which manages to wrap a open source OS into something more friendly and inviting, i.e less "nerdlike". 

Did you not read that the 10% interest will be sold exclusively to donors? Yes this inflation would be a major concern if it were the typical kids around here dumping their coins to buy a video game but most likely these will be prominent individuals or businesses who will be foreign to cryptocurrency and will likely not even sell them for a good long while if ever.

Also think about this, if you believed in your hear of hearts pegging can work, why on earth would you pump the price and not accumulate if you were a whale?

I am on the latest, they are slow on the block explorer as well. The confirmations are just taking forever.

Is it normal for transactions to be slow? I know its based off Bitcoin but have had one transaction sitting now over 2 hours without a single confirm.

What happened? Never gotten a story from either party why there was a split.

I'm curious whether CMC will calculate the supply with the premine.

Actually I heard Architect degenerately gambled away most of the ICO on alts and Okcoin, much like Drak probably did with his Via money. But i'll leave it at that.

Heck i'm an American and my Uncle bought a Huawei Windows phone off Amazon for just $100 before he went to go work in Brazil and it's a slick little device, makes me want to drop my expensive iPhone plan.

For what it's worth there is only one other Bitcoin exchange in Nigeria. Is this a brand new market that will be hard to break into? Of course, but with great risk comes great reward. I think the remittance market though is so huge that if even a small percentage of people use Bitstake it could be potentially lucrative.