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821  Economy / Digital goods / Create website for Marketcap.co premium domain name on: September 07, 2014, 06:32:14 PM
I'm looking to create a website for the Marketcap.co premium domain name. Would anyone be interested in pioneering together on this project?
822  Other / Politics & Society / NSA has it's own spy search engine, there is no more privacy on: August 26, 2014, 07:07:02 PM
http://www.dailymail.co.uk/news/article-2734498/NSA-builds-Google-Spy-agency-secretly-providing-data-dozens-government-agencies-search-engine-shares-850-BILLION-phone-email-records.html

So, it looks the NSA knows literally everything about us.....there's no privacy anymore.
823  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread on: August 15, 2014, 09:14:51 PM
Wow, I must say there is a very large demand for Monero. I have a gut feeling in my stomach that there is gonna be a Bitcoin style explosion in price later on.
824  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread on: August 13, 2014, 04:11:47 PM
In my opinion, Monero should save the marketing for later on(Octorber/November+). That's when the technical working should be on its way to endingor so I think and etc. We all know that Monero is a 10x superior coin to Darkcoin, with both it's fair launch, name, dev team, superior anonymity, specs, etc, it's just that I believe when the database/syncing/bloating issues are addressed, then Monero would probably be able to compete with even Bitcoin.
825  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread on: August 12, 2014, 05:10:52 PM
Now that I think about it, whoever created Bytecoin likely had optimized miners for their crippled hash function. Using a direct copy of their code would have enabled anyone with access to this miner to have a great advantage in mining Monero, as well. Bytecoin was tainted, they knew that. But what if we did a "fair" relaunch? Just conveniently fail to mention that the exact same fucking method used to make Bytecoin unfair could be applied to Monero! And no one would be the wiser! Now that's what I call a smart scam.

In fact I have mentioned that the Bytecoin folks could have mined the other cryptonote coins using their optimized miner. That indeed could have been part of their plan from the start. There is no way to know.

The difference is that the rate of mining was not affected and only a tiny number of coins could have been mined in this way. It is simply not material, certainly not compared to DRK. Monero mined about 0.15% of its supply on the first day.


Mining with a secret, optimized miner over a period of several weeks could have easily produced a situation that rivals the DRK instamine in unfairness. The choices made in creating Monero facilitated this plan. I mean, this is truly the logic of a genius. BCN is unfair, so I'll just clone it without correct a major part of what made it unfair! And you guys call yourselves legitimate.

Uh Yea...

No one in their right mind, would buy a 86% premined coin where a few people own the majority of coins. Just like after the hype is over, no one in their right minds would buy a 50% isntamined coin
826  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread on: August 10, 2014, 04:37:18 PM
Metrics actually are only relevant for their time. A small change in sentiment (within even 1 day) can overwhelm any amount of demand.
Since when this metrics actually are not relevant?
According to the rpietila words, XMR subreddit and Monerotalk forum should be full of a new members. But the fact is - they are empty.

There are no huge number of a new recruits. And there are no "magic legion" which will make XMR more expensive. Got it?

hahaha, please fuck off BCN shills, its getting embarrassing for you.

https://bitcointalk.org/index.php?topic=622738.msg7823793#msg7823793

The BCN shills are very annoying, they are like rats.

The Bytecoin community consists of Bytecoin premine developers, idiots and the paid shills. I'm hoping the rats die off once Bytecoin drops below 1 satoshi, which will be any day now.

Bytecoin's price is technically already far under 1 satoshi. 1 satoshi is just the lowest price possible on the exchanges, and BCN only has a handful(4-6) buy orders on Poloniex, with the amount of sell orders in the dozens.
827  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread on: August 10, 2014, 12:42:11 AM
Criticizing Monero technically hasn't worked well for them so the only other approach is to make it look like an amature pump and dump with these silly posts.

Doesn't there need to be any evidence behind the p&d claims?  Huh Monero has had the lowest volatility of all coins, BTC included.

Even including its drop of 20% over the last 10 days? Out of curiosity, how are you measuring volatility? XMR is more volatile than BTC because it is 99% backed by BTC. The only way XMR could be less volatile than BTC is if it constantly corrected for changes in BTC/USD, which is not what is happening.  

I remember Bitcoin dropping more than 90% because of a hacker messing with one exchange(MtGox) a few years ago. Then Bitcoin dropped 50% when MtGox when Bankrupt this year along with the China news and Mr Willy, I won't even bother to name the other dozen or so times Bitcoin dropped more than 20% since 2010, you get the driff. It seems you simply have an agenda..
828  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 10, 2014, 12:21:03 AM
It is altcoin.

Hehe now I know you are probably immersed in coding, because you dropped the 'an' as I often drop words that I read in my head by forget to type, because I am distracted.

BTCD is Bitcoin Dark. I suspect (it, hehe) is CoinJoin. Haven't bothered to look closely.

Not coinjoin: https://www.mirrorcreator.com/files/0G9JRRFF/jl777-Teleport-DarkPaper.doc_links

https://bitcointalk.org/index.php?topic=684090.0

and

https://bitcointalk.org/index.php?topic=684090.740

That coin Bitcoindark, doesn't have any privacy features, they plan to copy off of Cryptonote(doubt they will even do that, everything theyve said has just been hot air) , the following is a quite from one of the dev team members for Bitcoindark from the second link

"I am part of BTCD community now and I happen to be developing a cryptonote fork to add anon features to NXT. It turns out that my methods should apply to BTCD also. I will be working on integrating cryptonote tech into BTCD, but it is more than "just" cryptonote anon tech as I am also making my solution include a near realtime exchange (InstantDEX) so people can directly trade just by running the coin."
829  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread on: August 09, 2014, 10:29:02 PM
A lot of noise is made about this coin, especially on the Trollbox at Poloniex.

Poloniex just happens to be the place where people trade it.

In terms of whether it will be a success, I can only say it won't, or at least it won't last long into the future.

I have not seen a coin with more shills.

Plus, DRK captured the high-end of that particular market. Before anyone says DRK is not really anonymous, I would like to pre-empt you by saying most people don't care about anonymous transactions. BTC is pretty anonymous anyway. I used it for a year on SR, never got a problem, even when my last payment ended up in the hands of the authoirties when SR was jumped.

Maybe the owners of it watch a lot of James Bond, but for most people there is no reason to buy into something that carries such a risk. When you shill and shill and shill, then you tell me that your product is not really worth my time.

It seems you don't know what you're talking about. You base the value of a coin on the amount of shill accounts one or two people make? -shakes head-

"I would like to pre-empt you by saying most people don't care about anonymous transactions." Gmaxwell and many others seem to greatly disagree with that. Most people using Bitcoin Think it's anonymous, I once did. They don't know it only has psuedo-anonymity, once a address is linked to a person, there is no privacy.

If the majority of Bitcoiners knew it wasn't anonymous in the way they thought it was, then they would stop using it. That's what also stops many private companies from using Bitcoin.

In a ever growing transparent world, where even your emails in your inbox are monitored(thanks google!), you need anonymity. It's not a want, it's a need. I don't understand how someone could not want to have some things private to them, especially their transactions.
830  Economy / Digital goods / Re: [WTS] Freedarkcoin.com, Darkcoinmining.com, Darkcoinnews.com, Darkcoinfaucet.com on: August 08, 2014, 06:24:58 PM
Bump
831  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 08, 2014, 04:22:37 PM

Ooh sexy.  Grin
832  Economy / Digital goods / [WTS] Freedarkcoin.com, Darkcoinmining.com, Darkcoinnews.com, Darkcoinfaucet.com on: August 08, 2014, 02:14:32 AM
Escrow will be used.

Buy it now Price for all 5 domains is 0.2 BTC

Domains:

Freedarkcoin.com

Darkcoinmining.com

Darkcoinnews.com

Darkcoinfaucet.com

Darkcoindaily.com
833  Economy / Economics / Re: Bitcoin adoption slowing; Coinbase + Bitpay is enough to make Bitcoin a fiat on: July 24, 2014, 12:37:42 AM
Ethereum has already sold 11.5 million ETH (was 7 million yesterday) sold at roughly $0.30 per ETH. So they've already raised $3.3 million, plus the whitepaper says they will additionally premine 9.9% of whatever that final amount is to be given to the founders and early angel investors. And there are 40 more days to go that this IPO premine will be open to investors.

(I wonder if they've done their legal requirements to comply with SEC regulations for non-qualified USA investors, could end up in legal trouble as what happened to some in the Bitcoin community who sold shares to non-qualified USA investors)

Plus the annual debasement will be 26% of what ever the premine from the IPO ends up being.

As I wrote upthread, it is appears Ethereum is getting the interest of Peter Thiel. And the only way to have Turing-complete apps on the blockchain without viruses is to have certification of each app by a centralized authority. Thus looks like this is the direction it will morph to over time. It won't be truly decentralized, because the apps will need to be vetted by an authority, although the apps will run decentralized after vetting. We can clearly see the powers-that-be are taking control over Bitcoin (one pool has 50% of the mining hashrate) and now on Bitcoin 2.0 concepts.

Note Charles Hoskinson originally tried to recruit me to work on Bitcoin 2.0 altcoin, and when I declined he hooked up with Vitalik Buterin. Someone told me Charles 'left' Ethereum. Look what happened to the last company he was forced out of bytemaster's Protoshares/Bitshares.

https://coinmarketcap.com/

So BitSharesX is in 7th place with a $20 million market cap after nearly a year of release.

Even the #3 coin (other than Bitcoin or Litecoin) is only at $50 million market cap. Thus even if Ethereum makes it to #3 within a year and if the IPO ends up being say $5 - $10 million (already at $3.3 million 1 day into the 42 day IPO), then the upside is only less than a 10 bagger in a year, unless somehow Ethereum surpasses Litecoin in that short time frame (not likely!). Also the actual release won't come until late 2014 or early 2015, so it will be 1.5 years before seeing that level.

Realistically it is looking that gains on Ethereum will be in the realm of less than 100% per annum. And there is a lot of technical risk of snafus and failure.

This doesn't appear to be a good risk versus reward investment.

Some other faster moving altcoin will come along in the interim time and take away the momentum of Ethereum.


I agree, Ethereum doesn't seen that smart an investment. The returns(even if it does go smoothly without much incicdents, which is very unlikely) will probably get less than 50% IMO, which just isn't worth it since after the IPO is finished, you'll still have to wait months and months before Ethereum is released(and you could of spent that btc to make more in the meantime). Plus, Ethereum is doing the IPO before any beta or public testing of their product, which makes me think that the developers just want to make as much money as possible, because they know the project won't succeed....
834  Alternate cryptocurrencies / Altcoin Discussion / Re: Poloniex exchange just added Monero Markets and removed LTC markets on: July 23, 2014, 11:10:50 PM
That's pretty damn cool. I'm waiting for my BTC to arrive!! Going to buy up as much moneros as I can.
835  Alternate cryptocurrencies / Altcoin Discussion / Re: Poloniex exchange just added Monero Markets and removed LTC markets on: July 23, 2014, 11:09:28 PM
i have no doubt it will be as popular as Cryptsy's XPM markets we laughed at way back on launch..

LOL..People still use that scam poloniex site?



You make no sense..

BTC-E was hacked, Mintpal was Hacked. They both had a substantial amount of btc taken(over 3,000 btc lost for Mintpal and they had to do a rollback..).

Poloniex only lost 15 btc, and already paid it back to all its customers....It's interface is also much better than Mintpals and way better than that dinosaur's own, btce.
836  Bitcoin / Bitcoin Discussion / Re: Begining of the END for BTC. Bitcoin is becoming ultra regulated currency on: July 20, 2014, 09:44:59 PM
This is why Privacy is Needed for cryptocurrencies.
837  Bitcoin / Development & Technical Discussion / Re: Why does Bitcoin not implement anon? on: July 20, 2014, 09:43:19 PM
Why do they need to make bitcoin anonymous? If you want to use anon just use Vrc or something. But imo it's just a hype.

Bitcoin is getting very regulated. In NY for example, you(consumer) now have to have a license to even use buy Bitcoin. In France, merchants will have to tie a persons identity to an address for when that person makes payments..

As you can see plus tons of other regulations going out by other countries/states, Bitcoin is hardly private anymore.

Privacy is a real need, and concern. Anonymity/Privacy is not a hype, it's part of the fundamentals and is Greatly needed.
838  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 19, 2014, 09:17:01 PM
My view is that some miners are selling coins no matter the price, because they want to break even as soon as possible to pay for electricity costs etc. I also believe a lot of miners are Holding mid-long term and not selling. Most buyers imo aren't selling, but rather holding. It reminds me of Bitcoin.
839  Bitcoin / Development & Technical Discussion / Re: Why does Bitcoin not implement anon? on: July 19, 2014, 04:18:55 PM
Even if you tried to hide your tracks through mixing, there's a very high possibility that you would recieve tainted coins(your own coins sent back to you), and that would unveil your tracks....

Not to mention, as I type, there are people designing programs to follow every transaction a Bitcoin address has had and will make, that would obliterate any kind of privacy one can hope to attain through mixers..

Ok answer this then: Person/address A, B and C have 1 BTC each.

They send this in a merged transaction to X, Y and Z.
You now have only 33% chance to guess who X is. Even if you send your own "tainted" coin to yourself in this merge it can not be proven.

33% won't hold in a court and as said before if everyone uses merging the chaos and anonymity adds up.


Money laundering - take a page from the Skype guys article:
You also use HTTPS when accessing your bank right? So auto merging coins is just an IT privacy protection/security feature!

You would only be doing money laundering if you are cooking your books and actually white washing money from criminal sources/avoiding tax.

I worded that wrong. It's true that if 3 people with the same amount of funds sent them in a mixer, it'd be impossible to find out what coins originally belonged to who.

I meant if a mixer wasn't be used enough(lack of people mixing their coins), and someone came to use it, there coins wouldnt be suffiently mixed, and they would recieve some of their own coins in return.

Also, if a person tries to mix a decent size amount of coins(50btc + or so depending on how many other people's coins that mixer already has), then they would relieve a large portion of their own coins back.

Finally, Mixers, Darkwallet, etc, are all 3rd party addons. Their owners could one day decide to scam everyone, and steal all the coins from the mixer, or steal all the coins from Darkwallet, which gives no options for trying to anonymize your bitcoins(tere's also besides meeting up with someone in real life and trying to sell to them, that also comes with extreme risks like getting robbed, severely injured, and arrested on attempt of money laundering if a cop sees someone handing you large amounts of money and that someone has no proof where the funds came from)
840  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (MRO) Speculation thread on: July 19, 2014, 04:09:12 PM
can Monero reach the heights of Bitcoin?

I wouldnt be surprised if moneros price temporarily reached $300 per coin or so later on
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