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641
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Economy / Digital goods / [WTS] PREMIUMCO.IN| BITOFCOIN.CO| BITOFCOIN.ORG| BITOFCOIN.INFO
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on: March 28, 2015, 12:04:08 AM
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Please make me an offer.
Domains:
Premiumco.in
Bitofcoin.co
Bitofcoin.info
Bitofcoin.org
Accepted currencies:
Fiat
Bitcoin
Litecoin
Dogecoin
Darkcoin
Peercoin
NXT
HZ (Horizon)
Ripple (XRP)
Stellar (STR)
Others (Just ask!)
None of this guarantees a right to buy any domains at the listed or any other price with any currency, whether it is listed or not.
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642
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Economy / Digital goods / [SELLING] BITOFCOIN.CO| PREMIUMCO.IN| BITOFCOIN.ORG| BITOFCOIN.INFO
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on: March 25, 2015, 06:24:10 PM
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Please make me an offer.
Domains for sale:
Premiumco.in
Bitofcoin.co
Bitofcoin.info
Bitofcoin.org
Accepted currencies:
Fiat
Bitcoin
Litecoin
Dogecoin
Darkcoin
Peercoin
NXT
HZ (Horizon)
Ripple (XRP)
Stellar (STR)
Others (Just ask!)
None of this guarantees a right to buy any domains at the listed or any other price with any currency, whether it is listed or not.
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643
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Economy / Digital goods / [SELLING] BITOFCOIN.CO| PREMIUMCO.IN| BITOFCOIN.ORG| BITOFCOIN.INFO
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on: March 25, 2015, 05:19:48 AM
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Please make me an offer.
Values estimates:
Premiumco.in - $200
Bitofcoin.co - $200
Bitofcoin.info - $25
Bitofcoin.org - $50
Accepted currencies:
Fiat
Bitcoin
Litecoin
Dogecoin
Darkcoin
Peercoin
NXT
HZ (Horizon)
Ripple (XRP)
Stellar (STR)
Others (Just ask!)
None of this guarantees a right to buy any domains at the listed or any other price with any currency, whether it is listed or not.
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644
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Economy / Economics / Bitcoin economics question
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on: March 24, 2015, 06:44:05 AM
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So I'm working on something about the crypto-currency economy. Is this correct thinking?
According to CoinMarketCap.com, the value of all cryptocurrencies is more than $4 billion, but does the crypto-economy really house $4+billion in value? Using Bitcoin, as it has by far the most popular and has the most readily available statistical info, we can find that the average bitcoin is transferred about once every 2.54 years by dividing the average USD daily transaction volume of $40,000,000(2) by the BTC market cap. In comparison, during the 4th quarter of 2014, an individual dollar was spent about once every 238 days(3).
Using this metric, we can assume that about 4x more of the percentage of total Bitcoin is being used speculatively (as an investment) than of the dollar (such as in stocks, bonds, etc.).
EDIT: 4x is wrong. It would actually be closer to 3x.
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646
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Economy / Economics / Re: The Bitcoin Economy
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on: March 24, 2015, 04:14:42 AM
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Bitcoin does have an economy. If I had to compare it to other economies, I would have to compare it to the unstable economies cited in some of the posts above this one. Of course, Bitcoin is in many ways just a part of many globally connected economies.
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648
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Economy / Digital goods / [SELLING] BITOFCOIN.CO| PREMIUMCO.IN| BITOFCOIN.ORG| BITOFCOIN.INFO
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on: March 24, 2015, 01:42:18 AM
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Please make me an offer.
Domains:
Premiumco.in
Bitofcoin.co
Bitofcoin.info
Bitofcoin.org
Accepted currencies:
Fiat
Bitcoin
Litecoin
Dogecoin
Darkcoin
Peercoin
NXT
HZ (Horizon)
Ripple (XRP)
Stellar (STR)
Others (Just ask!)
None of this guarantees a right to buy any domains at the listed or any other price with any currency, whether it is listed or not.
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649
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Economy / Digital goods / [SELLING] BITOFCOIN.CO| PREMIUMCO.IN| BITOFCOIN.ORG| BITOFCOIN.INFO
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on: March 23, 2015, 02:58:23 AM
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Please make me an offer.
Values estimates:
Premiumco.in - $200
Bitofcoin.co - $200
Bitofcoin.info - $25
Bitofcoin.org - $50
Accepted currencies:
Fiat
Bitcoin
Litecoin
Dogecoin
Darkcoin
Peercoin
NXT
HZ (Horizon)
Ripple (XRP)
Stellar (STR)
Others (Just ask!)
None of this guarantees a right to buy any domains at the listed or any other price with any currency, whether it is listed or not.
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650
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Bitcoin / Bitcoin Discussion / Re: Is everything in this article on 51% attacks correct?
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on: March 20, 2015, 01:32:39 AM
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first paragraph instills FEAR, which is unwarranted. so make "ever obtains more than 50% of all hashing power for a proof-of-work coin they can cause significant damage to the blockchain." which sounds like simply getting >50% causes the damage to ever obtains more than 50% of all hashing power for a proof-of-work coin they could cause significant damage to the blockchain, if their lack of ethics deemed so. next.. Preventing Confirmations
Mining with the majority of hashing power virtually guarantees that you will be the first to successfully hash every block more quickly than the rest of the network. If a 50+% miner wants to prevent certain transactions from being added to a block and confirmed on the blockchain, all they need to do is complete blocks, without the unwanted transaction in them, faster than the rest of the network. You really don't need to worry about these transactions, though. They will simply sit with no confirmations until the miners hash rate drops to below 50% and they lose control of the network. even without 50%, denying transactions IS happening right now. as miners are greedy and only let a few hundred out of the 4k transaction limit, and mainly only the ones with fee's attached.. so that whole paragraph has no below 50% barrier as a prevention method Why do you think that the first paragraph instills fear that is unwarranted? I've changed the paragraph to explain that a miner with 50+% of hash power cannot damage the blockchain, but otherwise I don't understand what is unwarranted in the first paragraph. As far as I know, it is all true. What do other people think? |
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657
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Alternate cryptocurrencies / Altcoin Discussion / Re: whats the best alt coin to invest in 2015
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on: January 30, 2015, 07:36:45 AM
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Try Onecoin it is based on a solid and innovative cryptographic concept like the successful and big currencies. OneCoin is mined by its user, many other coins are premined and the owners take the profit. At Onecoin the user jointly create the coins, by building mining pools, joining resources and making OneCoin grow. We will publish the blockchains on our mining website the OneCoin website. Every user can. see in realtime how the coins are minedand all transactions verified. No transaction, no.coin can be mined outside the blockchain. And all members will be able to see and participate. To create the account and check out the page about their structure, read more how it works etc, this is completely free and it gives you a greater insight into how it works. Would you then decide you want to be a part of this amazing journey. Read more on http://www.onecoin.eu/signup/signupsAbsolutely never buy onecoin. They spam everywhere and offer nothing worthwhile. YOU WILL LOSE MONEY |
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658
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Economy / Economics / Re: Were the Keynesians wrong?
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on: January 25, 2015, 03:52:13 AM
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The Bitcoin supply has only been inflating at consistently lower rates (e.g., ⅟ₙ₊₁ after 𝑛 blocks when the Bitcoin block reward was fifty bitcoins), so a progressive reduction in spending would seem to be expected under the economic theory.
The theory applies to monetary systems (macro) not some small gambling party. Krugman was saying Bitcoin could NEVER work as a monetary system because it's designed to be deflationary. I.e. People would hoard instead of spend It inflates initially; however, that inflation decreases to nothing over time (and, in fact, “becomes” deflation as the rate whereat coins are lost or made “unspendable” overtakes their production). But this won't happen for decades. If it turns out the Bitcoin can't handle deflation (the two terms are mixed in your post), by the time it would start inflating, it will already by dead. |
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