Bitcoin Forum
September 30, 2020, 01:49:06 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 »
1  Economy / Collectibles / Re: [ANN] CHASING CASASCIUS : Limited Print Book with + Casascius Gold Bar Raffle on: June 25, 2016, 02:44:52 AM
in case you missed it

http://8btc.com/thread-35388-1-1.html
2  Economy / Collectibles / Re: [ANN] CHASING CASASCIUS : Limited Print Book with + Casascius Gold Bar Raffle on: June 18, 2016, 02:49:44 AM
Looking forward to the sequel.  GETTING NASTY. (kidding)   Cheesy

This could be a whole franchise!
3  Economy / Collectibles / Re: Chasing Casascius on: June 17, 2016, 04:35:38 PM

Chasing yourself now, Casascius?  Wink

Surreal, much.  Grin

I hope Mike wins the bar Grin
Poetry in motion, right there.  Grin

That would be ironic

Maybe I'll put in multiple orders to increase my chances of getting the bar, damn how are you guys doing the group buy going to handle that!

I don't see a problem with the draw and group buy?

If the books are serial numbered then will the draw speak for it self. If the draw is order based, then will the group buy organizer just make a local draw between the buyers. If you trust the group buyer with your bitcoins, then surely can you also trust him to make a fair draw. You can even have a trusted 3rd party to do the draw, but that would hardly be necessary with Mitchell or MJ as organizers.

I think it is by book number, maybe it didn't specify

Also something about a provably fair seed

but either way I think this will be pretty simple
4  Economy / Collectibles / Re: Chasing Casascius on: June 17, 2016, 03:55:44 PM

Chasing yourself now, Casascius?  Wink

Surreal, much.  Grin

I hope Mike wins the bar Grin
Poetry in motion, right there.  Grin

That would be ironic

Maybe I'll put in multiple orders to increase my chances of getting the bar, damn how are you guys doing the group buy going to handle that!
5  Economy / Collectibles / Re: Chasing Casascius on: June 17, 2016, 02:52:28 AM
I was just shown this...  Shocked

http://chasingcasascius.com


I will buy one of your best coins if you can do a package deal with her included.
What rating should we give her MS69  Cheesy

Looks like the book owners are put into a raffle for that Casascius gold bar after the halving, so that's close right?

In for 1
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto on: May 21, 2014, 07:28:07 AM

I love this line of thinking.  I would also love to see the ability to pay for prescriptions and even medical bills in CureCoins.  In the original announcement thread we had a lot of discussion along these lines.

I have no idea how to initiate things like this but I do believe this is the right direction.  Can you imagine if Walgreen accepted CureCoins in their pharmacy?   Grin  Maybe a little discount on the price of the drugs because CureCoins may have helped create them and there should be lower transaction fees compared to credit card processors.

right.

it is foreseeable that alternate cryptos will be a liquid and viable form of acceptance with the proliferation of any cryptocurrency (such as bitcoin)

decentralized exchanges will allow for the point of sale exchange into any crypto
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto on: May 21, 2014, 07:02:48 AM
clever

just not clear on why people would hold curecoin

for the previously purely altruistic protein folders, there is only incentive to sell

buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)


please explain why this won't be worth 2 satoshis in a month
if it's worth only 2 satoshi nobody would fold because they wouldn't recoup their electricity costs

so yes, people have to buy the coin to support folding

In all honesty some of us will probably fold no matter what the value of the coin.  I'm not particularly concerned about whether I recover the cost of my hardware or my electricity.  Crypto was a gamble for me and I simply despise mining due to the wasted resources so if I make money great!  If I don't, I can live with it.  At least the work done to earn the coins meant something.

Edit:  Regarding the original question of explain why this won't be worth 2 satoshis in a month.  Nobody can say what the value of any coin will be in a month.  There are a lot of people that will argue otherwise but it is simply an opinion.

fair points but the proper incentive will improve the hash rates for protein folding.

I am here to entertain a cognitive discussion on how to improve incentive, not an abstract "free market, altruism" cop out

CureCoin is a POW / POS hybrid so theoretically the POS component should help the value because people will want to hold the coin in order for minting to work.  The counter argument could be that holding a coin also destroys it because if there is no circulation nobody will want to use it for anything assuming there is something to use it for in the first place.
 


Well, as far as I'm aware there are no uses anyways. There needs to be businesses that revolve around CureCoin. Something unique that this coin brings and makes people buy into it as a result. Protein folding is awesome, sure, but it's not going to get people to buy the coin.

my first thought was the organizations that benefit from protein folding

begin transacting in curecoin

get grants paid in curecoin


this indirectly moves a lot of capital into the curecoin network
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto on: May 21, 2014, 07:02:08 AM
clever

just not clear on why people would hold curecoin

for the previously purely altruistic protein folders, there is only incentive to sell

buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)


please explain why this won't be worth 2 satoshis in a month
if it's worth only 2 satoshi nobody would fold because they wouldn't recoup their electricity costs

so yes, people have to buy the coin to support folding

In all honesty some of us will probably fold no matter what the value of the coin.  I'm not particularly concerned about whether I recover the cost of my hardware or my electricity.  Crypto was a gamble for me and I simply despise mining due to the wasted resources so if I make money great!  If I don't, I can live with it.  At least the work done to earn the coins meant something.

Edit:  Regarding the original question of explain why this won't be worth 2 satoshis in a month.  Nobody can say what the value of any coin will be in a month.  There are a lot of people that will argue otherwise but it is simply an opinion.

fair points but the proper incentive will improve the hash rates for protein folding.

I am here to entertain a cognitive discussion on how to improve incentive, not an abstract "free market, altruism" cop out

CureCoin is a POW / POS hybrid so theoretically the POS component should help the value because people will want to hold the coin in order for minting to work.  The counter argument could be that holding a coin also destroys it because if there is no circulation nobody will want to use it for anything assuming there is something to use it for in the first place.
 


thanks

That counter argument has not been demonstrated in any cryptocurrency yet, even in low float cryptos that have very few full units, the infinite divisibility is a feature
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto on: May 21, 2014, 06:52:36 AM
clever

just not clear on why people would hold curecoin

for the previously purely altruistic protein folders, there is only incentive to sell

buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)


please explain why this won't be worth 2 satoshis in a month
if it's worth only 2 satoshi nobody would fold because they wouldn't recoup their electricity costs

so yes, people have to buy the coin to support folding

In all honesty some of us will probably fold no matter what the value of the coin.  I'm not particularly concerned about whether I recover the cost of my hardware or my electricity.  Crypto was a gamble for me and I simply despise mining due to the wasted resources so if I make money great!  If I don't, I can live with it.  At least the work done to earn the coins meant something.

Edit:  Regarding the original question of explain why this won't be worth 2 satoshis in a month.  Nobody can say what the value of any coin will be in a month.  There are a lot of people that will argue otherwise but it is simply an opinion.

fair points but the proper incentive will improve the hash rates for protein folding.

I am here to entertain a cognitive discussion on how to improve incentive, not an abstract "free market, altruism" cop out
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto on: May 21, 2014, 06:50:18 AM
clever

just not clear on why people would hold curecoin

for the previously purely altruistic protein folders, there is only incentive to sell

buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)


please explain why this won't be worth 2 satoshis in a month
if it's worth only 2 satoshi nobody would fold because they wouldn't recoup their electricity costs

so yes, people have to buy the coin to support folding

they would have to, but why would they

as with all coins, miners are dumping the coin on exchanges, and now we have new protein folders dumping coins

it is not uncommon to see a coin's price fall out of sync with base costs

so I get the concept behind curecoin, but what supports the price ?


some coins have price support by requiring coins to be held for ongoing perks, essentially removing coins from circulation. other coins have other forms of utility


here we have some kind of merge mining protein folding, a somewhat interesting distribution method for coins between cpu/gpu and sha256 asics, but nothing that makes it seem stable

so now altruism has been further thinned out between protein folding AND supporting the currency (so that others can cash out). When I was reading the OP I was looking for that "AHA!" moment to see how the protein folders contribute to the curecoin price, just like how the curecoin financial incentive contributes to more hash rate for the protein folding... to create a feedback loop. But this doesn't exist.

just off the top of my head, maybe to contribute to protein folding cpu/gpu holders need to own X amount of curecoin. In turn they'll get the folding points or whatever as well as more curecoin. Obviously this idea isn't refined, and flawed because cpu/gpu holders are the least likely to be able to have value to exchange for the coin, compared to the expensive ASIC owners.. but the concept is that the extra perk of the coin requires removing some of the coin from circulation, improving scarcity and price and WORTH.



11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto on: May 21, 2014, 06:34:46 AM
clever

just not clear on why people would hold curecoin

for the previously purely altruistic protein folders, there is only incentive to sell

buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)


please explain why this won't be worth 2 satoshis in a month
12  Economy / Securities / Re: [HAVELOCK] SCRYPT 10 GH/s hosted scrypt mining project by CRYPTX - IPO 7 MAY on: May 07, 2014, 01:23:47 PM
THE DIFFICULTY INCREASE PROJECTS NEGLECT REALITY


they are projecting average 8% difficulty increases over time. when really 25% increases will be the norm as the ASICs roll out

caveat emptor.  their chart forecasting 8% increases in difficulty is MAYBE based on previous data for scrypt coins, this is because of lack of innovation in GPU mining efficiency. But look at bitcoin's difficulty chart for the past year, average 25% which I think is fair for scrypt asic too as all companies are aiming to roll out scrypt hardware at similar intervals
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: May 02, 2014, 04:34:09 AM
will zerocoin accumulators be opt-in OR will everyone already be an accumulator?


drkcoin is doing a masternode concept only available to 1000+ drkcoins, those people will act as the mixers, and they get paid similar to miners
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: May 02, 2014, 04:18:40 AM
Can we just start calling it ANC  like "ankh" (an egyptian glyph)


15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin development continues.... on: May 01, 2014, 03:56:51 AM
amateur hour
16  Alternate cryptocurrencies / Altcoin Discussion / Re: [Poll] What anonymous coin will succed? on: April 16, 2014, 12:04:55 PM
anoncoin is showing great promise but I doubt I2P protocol is what successful coin must have. I mean it's not the feature to push off.

I think 'anonymity' is the feature for coin to be successful in future and according to this feature - darkcoin and bytecoin will secced.

I feel like this is intentionally dense.

The I2P just keeps your actual IP address out of the node pool when you have any kind of wallet software running.   It helps anonymity but that isn't where the real utility is
17  Alternate cryptocurrencies / Altcoin Discussion / Re: [Poll] What anonymous coin will succed? on: April 16, 2014, 01:44:21 AM
Anoncoin

There is a lot of misinformation and confusion going on about zerocoin and zerocash. Just like when media was dismissing bitcoin without even looking at it but now gives it the time of day, anoncoin's zerocoin implementation will have misinformation subside too.

Anoncoin's zerocoin accumulators do not slow things down, do not bloat the blockchain, are not hindered by the number of cores in a CPU, and does not need any trusted party/seed to get started. The I2P implementation doesn't reveal when you are acting as a node. The developers are actively working on it and committing to github and can be found on the i2p darknet #anoncoin irc channel

Gn0sis and Meeh, the Anoncoin developers have investors. They are working on Anoncoin full time, not relying on price pumps and some premine shit. The investors have been around since November 2013 or so, so this should be a counterpoint to Anoncoin's age, as Anoncoin is older.

I think there will be great utility in coins utilizing these technologies, and I hold darkcoin because darksend is a solution UNTIL anoncoin comes out.

Also anoncoin has a LOW NUMBER OF COIN UNITs, 4 million with a mere 850,000 mined and 5 anc/block. Probably the lowest of all cryptocurrencies. As a speculative trade, a single anoncoin unit will be worth a lot more than all other cryptocurrencies. This is just icing on the cake. Anoncoin currently has a marketcap of $1million dollars. A $4 million market cap is a 400% return, a 10 million market cap is a 1000% return, DOGECOIN's 42 million market cap would represent a 4200% return, and LITECOIN's market cap of 336 million would represent a 33,600% return on investment. $1,000 invested at today's prices would be $336,000 in the latter scenario. (Huh lost count please recheck the math)

Regardless if my decimal places and commas are in the right places, this supports my current position in Anoncoin as I view it as undervalued, and increasing my holdings at its all time lows as zerocoin implementation grows near.

Nobody knows what zerocash is yet. Not even the anoncoin developers. zerocash is different from zerocoin

My opinion on Darkcoin+Darksend is that it doesn't hold a candle to Anoncoin+Zerocoin in the pursuit of anonymity. In this regard I consider darksend to be inferior. I consider what is known about zerocash to be inferior. I have done a lot of research to find information that is not published well with the intent of making coin purchases before the market catches on.

With zerocoin, balances in the blockchain are not published. There is no pseudonymity, SHIT JUST DISAPPEARS plus you get different coins back.

In the deepweb, the next darknet site will have multisig and funds will be disappearing from address and reappearing in other addresses. Even if you want to buy clothes (instead of something illegal) from the next darknet site, would you be more comfortable with darksend *obfuscating* your transactions hoping that nobody puts it together, or will you be comfortable with a zerocoin blockchain that simply doesn't show what address balances or inputs/outputs are.

the utility is with Anoncoin+zerocoin implementation.


18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: April 07, 2014, 02:35:15 AM
I also thought about a Kickstarter clone that would allow everyone to raise Anoncoin funds for all kind of projects. If someone can help, please contact me in pm!

Make something to streamline political donations

anybody that believes in anything will find utility in this, since popular opinion can turn against you in coming years, or a government may become vilified in the future, a bigger risk if you do any international backing

A long long long list of private citizens and companies that became part of a witch hunt after one of those events happened
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: April 07, 2014, 01:40:38 AM
@gostrol  again we appreciate your initiative though so let us know if you are interested in doing more designs with our input
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: April 07, 2014, 01:39:41 AM

Do you think different marketing quality is the only reason for the significant difference in coin market cap between Darkcoin and Anoncoin,     $ 2,649,719 vs. $ 615,943 ?

Could be when looking at Google Trends. Darkcoin interest continues to rise while the searches for Anoncoin are looking similar to the ANC chart, both getting closer and closer to the all time low.



Poor people who invest their money in the Darkcoin are unaware and uninformed.
The developer of Darkcoin created this currency in the sole purpose of personal enrichment (4500 first blocks with reward 500 DRK mined in less than 32 first hours). Today (some weeks later), reward is 19 DRK. Check their blockchain if you have any doubt!
Anoncoin was created by developers fascinated by the freedom and anonymity!
A debate on the Darkcoin not place here and it will be my last post about this monkey money.

omg premine stigma oh noes.  darkcoin is implementing anonymity technologies with somewhat active development, and people will find utility in that until something with more utility comes out
Pages: [1] 2 3 4 5 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!