Stop with the misinformation.
It was a POS distribution which is all that matters. I sent in BTC and I got a stake, that's all.
POI, proof of idiocy? that's just for forging it's a tiny percentage in reality.
PoS means that the coins you stake allow you to solve blocks and get more coins. The more coins you stake, the more coins you get. It is the stakers (as opposed to miners in PoW) who keep the network alive and functioning. I'm not sure about PoI since I've never heard of it before, but it seems to be some variation of PoS. Peercoin has minting, Nxt has transparent forging, Qora probably has something else along the same lines of Nxt, BitShares has another variation of PoS which I forgot the name of delegated proof of stake, and NEM has proof of importance. my point is to pull away from the idea of it being a POS coin when everyone references POS coins as related to distribution and not really forging it's misleading. Yes forging might have some great algorithm but so does Qora, but honestly no one ever will get rich forging it's most like interest on a bank account.
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When's the next vote, we need AE ASAP!
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capitalism is the only moral system of government
Government has a place in Capitalism, its just not the economy. Its focus should only be on governing the law of the land. Capitalism needs land rights etc, its not anarchy.
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That's what the term means. It's an unavoidable monopoly. You can always go to a socialist country instead if you can get a passport in time before you die.
Monopoly is not unavoidable. If this is the case, counties and dynasty will last forever rather than fade into history and being replaced by a better managed country/dynasty. Very true. Many monopolies only last a few normal human lifetimes. I'm glad your immortality is working out for you. Technology advancement speed up the process of downfall. Technology progress creates monopolies. Look at mining pools. The superior efficiencies give the most payout, that's how monopolies are born. Oil companies may change names, but the same families are running the companies for many decades. Companies like TI and IBM own so many patents, they monopolize technology development. Revolution speeds up the process of downfall, but we're a long way from that. Monopoly is fine if the company is providing an efficient and superior service. Well the main problem lies with the fact that when there is an actual monopoly the incentive to continue to provide an efficient and superior service fades away. You can't exactly have superior service if there's no longer anything else to compare it to. And since there is no longer an alternative efficiency becomes irrelevant for the monopoly. When there's no longer an efficient monopoly, more efficient players should enter the market. The problem comes when the monopoly takes steps to block or create barriers to entry that make entering the market difficult. Then it wouldn't be a free market would it. And who is able to make barriers of entry other than regulating governments. if people would understand one thing is that inequality comes from the thing that pretends to alter it, government and regulation.
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The Banks worst fear, my greatest hope. Though I would argue in all this Banks get too much blame. The bigger problem is more specifically Central Banks and Government entanglement with them. Banks just did what they are supposed to do, make money. And they were supposed to lose it if they failed.
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Anyone who is stupid enough to have money in a European bank probably deserves to be screwed.
The banking collapse already happened back in 2008 where we had the big financial boys make runs on the banks. Its already happened. People will wake up one day and find out all their money is gone, its inevitable. People gonna learn what fractional reserve banking is pretty soon.
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I'm not sure if others have posted on this yet. Cyprus banking collapse triggered a Bitcoin rally, Maybe Bulgaria could do the same. This could even be a bigger collapse of European banks if it gets out of hand. People might get a crash course in Fractional Reserve banking. http://www.bbc.com/news/business-28085256
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Am I too late?
5034121239761825116
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Other / Alternate cryptocurrencies / Re: Which coin value will goes up in the future ? on: May 20, 2014, 07:50:52 PM Qora, its a no brainer. 10x price increase in the next month guaranteed.
That guy is just a looser who lost on QUORAlike I said you better run dude, this will be your last scam. Financial fraud is serious and this will link right back to you and whover you are working with. The scams under the same voice over guy total thousadns of dollars. Prison time i'm thinking. like i said, i compared the voices and it isnt the same guy. Can you bring on some proof? It seems like the same guy to me? Why are you so hostile to his point? they sound exactly the same after listening again.
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cant ban them. best is to educate people against buying those coins. Less than 10 groups are responsable for 200+ scam coins that have saturated the market.
Now that exchanges are racing to list these scams as fast as possible, and people are actually buying them its much faster for the Devs to dump their premines/instamines, then move on to the next
Safest way to play the game, these days, is to instadump what ever you have for BTC as fast as you get them. Even legitimate coins.
Not an ideal situation, personally i would like to collect coins, but they always goin down, so not worth it anymore.
They aren't all going down. NXT, Darkcoin, anything of quality holds and increases in value. Do I need to remind you BTC is half the price it was less than a year ago.
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We don't need rules because any rule can be got around. What you need is people to become smarter. Plus even a coin can be legit with a wallet and everything can be a scam. Give people the chance to make stupid mistakes by themselves and learn from them.
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So if you are being consistent you would of been against NXT then and told people it was a scam? NXT didnt have Escrow.
I did not invest in Nxt IPO because I though that could be a scam yes but that was only my intuition, not my experience. I bought later when it reached DGEX exchange. Consider the fact that Nxt was one of the first IPO ever in cryptoworld. IPO scam did not exist at that time so escrow for IPO did not exit either. It came later. Massively. But let's look objectively at your public service. If I followed all your advice I would not lose maybe 1-5 BTC but I would miss out on 100roi on Qora just for one. Thanks.
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Doesn't run on anything, its not real.
Wrong, I posted screenshots I took myself and I'm not affiliated with Silkcoin at all. The wallet's fine! You may send 1 SC to BC6cLG1q8H5QbXzLTPrmaVG68ProXoqf2e if you don't believe and I'll post another screenshot of the transaction. Before reading this thread, the paranoia in me believed there was going to be a download link in here, spreading some malware. But the wallet sure looks nice, I've seen these preview pictures before, like a week ago or so. However, is this wallet available, or is it just for testing?
Yea its available I think, this is taken from their announcement in the SC thread. It's a fully working wallet, check the SC thread. Well if you say so then it must be true. Yes, as I said it's fully working indeed, not just for testing. The OP is a cheerleader for various scams, actual scams, not opinion but actual run off with money scams. Recently the scammers with almost the same graphic design have run off with people's money, this includes sharecoin who even had a functioning exchange. It's not hard to make a NXT clone mock up wallet. I'm assuming you are also legit and not just the OP with another sockpuppet. But do research a bit yourself this guy has been pushing well known scams for a while.
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i like the system to claim the QORA. but is it normal when I click the run.bat file there is a lot of addy, it's about 10addy. is all of those addy was mine?
Yes the 10 addy is yours.
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Before reading this thread, the paranoia in me believed there was going to be a download link in here, spreading some malware. But the wallet sure looks nice, I've seen these preview pictures before, like a week ago or so. However, is this wallet available, or is it just for testing?
Yea its available I think, this is taken from their announcement in the SC thread. It's a fully working wallet, check the SC thread. Well if you say so then it must be true.
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I'm getting more and more pissed about people trying to drag the Qora developer into this. Don't do that. Qora refused the escrow offered by TheMightyX and I would have done the same. He then accepted escrow from Anon136. Qora extended the IPO afterwards. He has proven time and time again that he is a skilled developer and that he's not in it for the money. Yes he's not a PR person but that is no reason to smear him. Stop doing that. I am not against Qora !! I think it one of the best crypto of the year. I am against new crypto that start IPO without escrow. That is what Qora did at the start. After he accepted escrow, I never said anything again. I was fine with Anon136 as an escrow. So if you are being consistent you would of been against NXT then and told people it was a scam? NXT didnt have Escrow.
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loool so it is true I can't believe it. This guy is a genius bastard. I lost probably about 5 BTC on Sharexcoin in Qora. IF I had listened to you on the Qora thread and decided that it was as you said a scam I would be down about 200 BTC. To me you're the bigger bastard. Thankfully I ignored you. Are you fucked up ?I am the first willing to warn people about scamsSee this thread : I told you. Gamblex was a scam !I see that I am wasting my time. I'm never gonna warn anyone again if it's what people want. Thats what people want yes. The problem is you are often wrong. Unless you have actual evidence you are just running around calling everything a scam. Qora, one of the best opportunities this year and you labelled it a scam. Once you are this spectacularly wrong maybe you should put your energy into something else. https://bitcointalk.org/index.php?topic=522102.20
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I don't really know Silkcoin, but wallet's definitely looking neat and clean! Running fine on both Mac OS X 10.9.3 and 10.10 Yosemite developer preview (the latter below): Ps. Doesn't run on old Mac OS X 10.6.8 (no universal build). Doesn't run on anything, its not real.
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Over the past few months I have seen scams turn up with almost the same graphic design. Edgecoin, Numus and now I think Silkcoin could be the same guys. I had it at the back of my mind when I saw Sharexcoin site design cause doing an exchange is way more to scam than a fake website so I thought nah it must be legit and not related, now i'm not so sure. I have a hunch the guy who posted this is the same guy behind Sharecoin. https://bitcointalk.org/index.php?topic=641579.new#newHe was pumping up the Numus scam and has been involved in Sharecoin and now this other nice looking but likely scam. Notice the very similar graphic design and colors to Sharexcoin exchange.
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So I've been lurking around the SilKCoin thread recently then they dropped this announcement : ⚠ ⚠ Wallet Update ⚠ ⚠ So now let's see this new version, better than words : I've downloaded this and installed it works like a charm. It is without a doubt the sexiest wallet I've seen ever. I'll post more images here as I upload them A good looking scam brought to you by the producers of quality coins Edgecoin and Numus. The guy needs to change his style if he wants to scam people.
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