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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: March 21, 2015, 06:54:21 PM
excited to see how syscoin would look after 3-4 years

I'll give you some outcomes.

1. Dead

2. Full Ponzi

3. Full Dead Ponzi

4. Dying from owing SYSCoins from the Full Dead Ponzi

5. Mark Karpales

Please ensure this person never comes back here again.

Thank you.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: March 19, 2015, 09:18:32 PM
You never touch pvt keys... Amazon is accepting 0 confirmation payments assuming the cc company takes care of fraud or double spend in ourcase. We can simply say accepted too and them give option to wait for comfirmation or emAil me if something went wrong(your bank accoun had nsf error) eitherway amazon 1 click is just illusion masking the same problem which we can mask the same way...

Yeah exactly. The blockmarket website the vendor is running could add a login and "trust" a repeat customer to not need to confirm, much like amazon 1 click, if they wanted to. It is not the blockchain's responsibility to do that.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: March 04, 2015, 03:03:00 AM
Sneak preview of the pre-skinned #Syscoin web wallet $SYS

https://twitter.com/syscoin/status/572502661985144832

Taking control of the wallet.dat file with a web wallet is certain to start the NSA and other authorities salivating.  Why add anonymity code to a decentralized market if it is not so anonymous on the market side after all?

It will keep the actors honest.

The abuse of the NSL's is what took down lavabit, silent circle and other neat creations that weren't exactly fingered over all for less than legal activity.  The best security is based on the design now days with regard to what can happen, and that is not necessarily coder driven.

I am sure the team will jump in here, but again, the new wallet uses HTML for its UI and local HTTP. This is for extensibility/portability. It is not automatically a vulnerability. If you're concerned about the NSA or bad actors you can easily run it on box/VM with network controls in place (only opening ports to known good nodes, no traffic over port 80, etc)

Any website which offers a "buy now" option, can also have its blockmarket items purchased directly from the wallet just by searching the blockchain for offers with the same name/description. So you don't even need to initiate your purchase from a website.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: January 06, 2015, 04:52:44 PM
I think it's worth pointing out to folks reading this thread (because both have been mentioned recently), that you can choose either IRC or Slack to catch up on general chat around Syscoin. The dev team has a bridge in place that mirrors IRC #syscoin chat to Slack and vice versa - no need to worry about missing "half the conversation".
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: December 25, 2014, 07:01:46 PM
Hello All,

just a quick message from me wishing all you Syscoiners a most happy holiday season!  Also I wanted to let you all know that while I haven't been posting on BCT lately, I am nonetheless still here and still very much active with Syscoin!  This year, after a tough last quarter, is ending on an extremely positive note (I can't say much more than that at the moment due to legal restrictions) and I am really looking forward to 2015 and all the exciting possibilities ahead for Syscoin.

All the best to you and yours for the holidays, and stay tuned! We've got some excitig stuff planned for Syscoin after the New Year.

Best to you all,

Coderboo

High five!

Merry Christmas and best wishes to everyone.

6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: December 03, 2014, 03:15:24 PM
Jesus this thread is garbage.

Any chance of that whole "move to another forum" thing we discussed a while back?
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 17, 2014, 02:13:27 AM
I would like to add another 100k SYS to this bounty.

This now actually puts it up to 325k SYS, and there doesn't seem to be any arguments with splitting reward for team effort.

Hmm. I ended up getting the WoW expansion which totally sucked me in this weekend Sad

If sphericon gets something working it should all go to him Smiley

Sphericon, need any help?
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 14, 2014, 11:17:38 PM

Again, they need a working product that end users will not have to read a page of instructions to enter text into the console to put an item up, as previously explained that much is trivial on the programming side of it, they should be at the part of beefing up security of that aspect by now and building websites around it is a moot point without the GUI in the wallet.  This is a prerequisite to people buying into it, without that, it is not ready for market as it is not a viable product.


I think tonight I'm gonna write a win32 app that talks to the wallet so there's an answer for this marketplace that people can use without console commands. Better stock up on coffee!

LoL - I had the same thought last night. I was going to write it in C# or something and open source it.

I'll race you! I still need to install VS though, so hopefully I can start tonight.

Same boat. Realistically I might not have time to do it this weekend though - but I hope so Smiley
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 14, 2014, 11:15:29 PM
It just looks to me like they are saying, "Thanks for investor money but we are off berry picking at the moment, please be patient, we'll get back to doing the finish work on the wallet, 'we promise'."  And now investors are running for the door holding their back side.  Knowing sh!t runs downhill, where does that put anyone that buys into it now?

I will agree with you that the current situation would not appear ideal to a new investor. I have been trying to defend the position of existing investors (and hopefully help a few people understand why those of us are holding haven't "lost" anything yet).

Unfortunately the situation with Moolah is what it is. I believe what they are doing, the amount of time they are investing in pursuing their legal case, is the best thing to do and will pay off the most for Syscoin in the long run. That just means things may not be that great for another month or two.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 14, 2014, 10:39:13 PM

Again, they need a working product that end users will not have to read a page of instructions to enter text into the console to put an item up, as previously explained that much is trivial on the programming side of it, they should be at the part of beefing up security of that aspect by now and building websites around it is a moot point without the GUI in the wallet.  This is a prerequisite to people buying into it, without that, it is not ready for market as it is not a viable product.


I think tonight I'm gonna write a win32 app that talks to the wallet so there's an answer for this marketplace that people can use without console commands. Better stock up on coffee!

LoL - I had the same thought last night. I was going to write it in C# or something and open source it.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 14, 2014, 10:12:16 PM
The line between risk and stupidity runs very thin.  Without investor confidence the coin will not have value.  No value, no market, no trade.

Again, this is only true in the short term. Bitcoin, litecoin, dogecoin etc their value is only determined by the demand to purchase the coin by end users. Either to hold the coin or use it to purchase goods / gamble / tip etc.

Syscoin will create innate value as the businesses who leverage sys technology *require syscoin to pay for the services they use*. There will always therefore be a scaling demand - as new businesses come on board, demand for sys will increase. For the business, this is part of their infrastructure operating costs.

The businesses pay their operating costs in syscoin, the syscoin is regenerated as fees to miners, who sell it back to the businesses and in turn make back their own ROI on their mining hardware.

Meanwhile, those true investors who have kept a hold of millions of sys, get to take part in the supply chain. As long as we don't flood the market, the value of our portfolio can only increase as demand increases from new business coming online (selling off a little at a time to make our own income/ROI).

(As an aside, eventually, the price of the services themselves (in sys) will go down to balance out the increasing demand and subsequent coin value, so that the business's infrastructure costs don't continue to increase as the price of the coin goes up - so the businesses are protected)

Syscoin isn't marketed to investors and users. It is marketed to businesses (new and existing). Investors with the balls to "baghold" get to come along for the ride Smiley


Again, they need a working product that end users will not have to read a page of instructions to enter text into the console to put an item up, as previously explained that much is trivial on the programming side of it, they should be at the part of beefing up security of that aspect by now and building websites around it is a moot point without the GUI in the wallet.  This is a prerequisite to people buying into it, without that, it is not ready for market as it is not a viable product.

I don't disagree with your point about a wallet UI. It's definitely needed to properly maintain the decentralized nature of the marketplace.

All I wanted to clarify is that "investor confidence" is not the only thing (or even the main thing) that will drive value in Syscoin. Short term, the market cap is based on investors buying the coin off exchanges, this is true. Long term, the volume that people are buying coin off exchanges should be dwarfed by businesses using syscoin for infrastructure and miners earning regenerated fees.

A wallet UI is important for PR for the marketplace, or to demonstrate how it works, but again - if they are marketing to businesses, those businesses would build their own UI anyways (hence the website POCs).
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 14, 2014, 09:14:27 PM
The line between risk and stupidity runs very thin.  Without investor confidence the coin will not have value.  No value, no market, no trade.

Again, this is only true in the short term. Bitcoin, litecoin, dogecoin etc their value is only determined by the demand to purchase the coin by end users. Either to hold the coin or use it to purchase goods / gamble / tip etc.

Syscoin will create innate value as the businesses who leverage sys technology *require syscoin to pay for the services they use*. There will always therefore be a scaling demand - as new businesses come on board, demand for sys will increase. For the business, this is part of their infrastructure operating costs.

The businesses pay their operating costs in syscoin, the syscoin is regenerated as fees to miners, who sell it back to the businesses and in turn make back their own ROI on their mining hardware.

Meanwhile, those true investors who have kept a hold of millions of sys, get to take part in the supply chain. As long as we don't flood the market, the value of our portfolio can only increase as demand increases from new business coming online (selling off a little at a time to make our own income/ROI).

(As an aside, eventually, the price of the services themselves (in sys) will go down to balance out the increasing demand and subsequent coin value, so that the business's infrastructure costs don't continue to increase as the price of the coin goes up - so the businesses are protected)

Syscoin isn't marketed to investors and users. It is marketed to businesses (new and existing). Investors with the balls to "baghold" get to come along for the ride Smiley
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 14, 2014, 05:53:59 PM
Wow, two pages from last night of just BS.

Look, developers keep telling us, over and over they are sticking this through, they are going after Ryan and getting BTC back, but also still working on coin.

If you guys cannot see the importance of going after Ryan then i don't know what to say, scammers must not be a concern enough for you. I fully support their decision to go after him and make an example and restore faith in cryptos and this even helps out mintpal customers that lost coins. This is bigger than just syscoin, it's about nature of scamming in cryptos and needs to be addressed if cryptos are to move forward and be taken seriously.

That being said sure it would be nice to have some full time marketing, PR, BUT, with what funds, and also what is their to market yet? Not until the finished product for the storefront is out, and users can add to it, it's just wasted hype for those wanting a quick buck.

Also I see a much bigger problem here in cryptos, it's fact that coins cannot move past the getting out of being tied to BTC, and outside of community yet. This always cause constant hype, constant news in order to keep investors happy, since resources just move from coin to coin. For example someone probably dumped not cause they don't believe in syscoin, just cause BTC was raising in prices so they dump to take advantage of prices rises in BTC or other alts, then might come back and get syscoin cheaper than before.

This is a problem for all coins, we need to detach from BTC and not be pegged to it's prices and fluctuations that are not stable at all.

This is why prices don't matter right now, unless you are buying. But if you hold, who cares. This coin like some others in 2.0 are trying to breach the BTC peg and get out to mainstream with building a product, not by developing new gadgets and toys to play with that seem neat.

That being said, once syscoin gets their btc back and is in full swing AS THEY STATED WILL WRAP UP IN DEC, stop bitching and let them do their jobs.

I SWEAR CRYPTO COMMUNITY ACTS LIKE BUNCH OF ADHD CHILDREN SOMETIMES. Give them some time, they have fully be transparent with us, read the blog updates, I am starting to think nobody reads them, or this is purposeful attempt at FUD.



Yeah, syscoin isn't just about flooding with investor interest so we all make money selling coins for a profit on an exchange.

Syscoin service technology is meant to be used by businesses and enterprises. Or to facilitate new types of businesses (like SYYK and other such concepts) that have not previously been possible. Having a working marketplace example running might be good to use as a demonstration and to improve investor confidence, but any business who wants to leverage syscoin tech is going to build their own UI anyways.

Yes, people who download the wallet would want a pretty marketplace UI built into the wallet instead of using console commands. But the point of syscoin (IMO) is that eventually most of its user base not only doesn't use a wallet at all - they have no idea they are even using syscoin or blockchain tech.

This is a roadmap measured in years, not weeks, and the PR needs to be done when the time is right, not just to placate an investor who wants to dump their coin at 1000 sats to make a profit.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 13, 2014, 10:18:12 PM
Well I am worried now. So many people are saying that the current price is cheap. If it is so, why you are not buying? Is it not worth it? If it is such good opportunity you all should be buying instead of just writing. Things are getting serious now. We need to organise and do something about that. We should gather our spare BTC and start building buy wall at 50 satoshi to prevent the coin from going below that. Some of you might start writing now that it won't get below 50 satoshi but those will be probably the same people who were saying that it won't drop below 200 and 150 just some time ago. Yes, Syscoin will go below 50 satoshi if we won't do anything about that. Actually, for a brief time it fell to thirty something satoshi recently. This whole Moolah situation is not helping it but even solving it in the next few months wouldn't change much. New investors are worried to buy this coin and old investors seem not to believe in it and they want other people to buy the coins instead of building some buy walls by themselves. Someone has to say it: only we can save this coin. And stop saying that we have good tech etc. Yes, we do, but it won't get to common users without proper GUI. And even good technology doesn't mean anything if investors are not interested in the coin. There are many shitcoins trending high and there are many good coins that are no longer active despite the good technology.

I've kind of maxed my investment comfort zone in Sys at the moment (what I would be willing to "lose" worst case). Now it's about trying to contribute more to the community to help my investment and the coin grow.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 13, 2014, 06:15:24 PM
Hey, so I just noticed everything on syscoin.market is only 88SYS.

Was excited until I realized it's every item, is this an error?

It's an error in the Syscoin code. if you do an "offerscan 0 500" in the console you'll see the price of those items is 88 sys as well, except for the ones that have been updated, which are incremented by 88 sys every time they are updated for some reason  Huh

offer.cpp at line 2063 in method offerinfo

         oOffer.push_back(Pair("price", ValueFromAmount(theOffer.nFee) ) );

It's returning the network fee for the offer (which is set to 88 by default). The fact that the fee appears to increment during an offerupdate might be related to line 64 in offer.cpp in method GetOfferNetworkFee

int64 nRes = 88 * COIN;

I don't know where the COIN const is defined by it's referenced everywhere. It seems like it should be "1" but perhaps it is being incremented incorrectly somewhere too.

@danosphere @mwheeleruk @coderboo etc I have created an issue in github for this item to be reviewed.

16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 10, 2014, 02:28:00 AM
Guys, do you get your ICO bonuses?  Roll Eyes I am still waiting for them.

I got mine, yes. But I had only invested a small amount in the IPO (turned out to be to my benefit because I increased holdings 100 fold post launch for sub ICO prices...)

So I only got the bronze hard wallet and keychain. So probably no weight/size issues with Royal Mail.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 06, 2014, 06:05:43 PM

If we can get a new company or old to start taking alts for $$$ then we can start to break this cycle of pumps and dumps. Vault of Satoshi is only one I know of that does this, but they only serve Canada right now, we need to reach more nations.

Unfortunately they are not adding new coins to their platform right now. Not sure why.

Sys is out of luck in that regard Sad
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 05, 2014, 03:05:20 PM

I have not much of an idea how slack works, their "tour" is not very informative. Puzzles me a bit that a community that is histerical about anonymity moves their discussion about drug prefernces over there. Besides, I dont want to discuss all that stuff, maybe I am to old for that (drug days are a long time ago Grin), I dont even have a facebook account. It may be great for others, not so much for me, probably.

I read on reddit regularly, but for some reason I just dont like it, though the quality of the discussions is way better over there.

A seperate new forum is not a good idea. Other coins have done this and those forums are looking pretty dead, at least those I am aware of. Dead is even worse than fud.

I would keep this thread going and just live with all the craziness. It is still a decent channel to introduce people to the coin. Most of the time you can just ignore the clowns here. You can still add slack if it is that great.

Reddit does have quite a bit of customization that would make it more useful for new people.

Look at the dogecoin subreddit for example. http://www.reddit.com/r/dogecoin

You may disagree with their aesthetic, but we could make a lot available in one place. Latest hot topic (blog post link?) at the top. Other useful pins on the right. Tabs for wallet, links to github source, etc. Integrated tip bot! Even just having the moderator list on the sidebar as a quick reference (list of developers) is useful.

As the support for Syscoin grows, and with more PR coming out of the legal proceedings, we need to be able to develop a community. It doesn't need to be as crazy as dogecoin's, but just a way for us to show projects we are working on, new businesses that will leverage syscoin services, etc without it getting buried pages back in a single thread.

Bitcointalk is NOT a place to build a community. If not reddit, somewhere else, but absolutely not here.

My 2c.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 04, 2014, 10:28:01 PM
Hey, so how about moving to the syscoin board or reddit or something full time so the community can moderate posts...?

I feel like I have to read this thread to keep up with what is being said, but this place is such a shithole I am considering not coming here any longer.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin - Business on the Blockchain on: November 04, 2014, 05:52:01 PM
devs hold such premine + ICO , investors are in huge loss and still they have nerves to ask money from people..... nice Smiley

Where do all these trolls come from???
from great deep loss of time/money here...this coin is a black hole

I'd like to see the people who try to be entrepreneurs and start a business, only to walk away 2 or 3 months later when it's not instantly making them massive profit.

Or people who immediately sell their investments in precious metals, or dividend paying stocks, when they don't double in value the next day.

Just because cryptos play in a "digital" world does not mean that some real world economics do not apply. Give it time, promote the coin, or build a proof of concept using Sys services of an idea you have. And in the meantime, stop whining like a two year old.
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