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1085
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Alternate cryptocurrencies / Altcoin Discussion / Re: LTC calm before the storm ?
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on: August 18, 2015, 11:57:52 AM
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yeah normally you'd expect a slow steady rise in and perhaps a dump after (ol buy a rumor sell on announcement that happens on stockmarkets).
however recent pumps then calm, makes me think everyones waiting for someone else to make a move which often leads to a bigger pump once underway.
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1089
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Alternate cryptocurrencies / Altcoin Discussion / Re: Can anyone explain the Altcoin paradox?
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on: August 18, 2015, 05:27:56 AM
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The only reason to mine for an altcoin is because it provides the opportunity to exchange them for more Bitcoin than mining for Bitcoin directly.
not at all; alt are an alternative currency for those who don't bitcoin and/or where its heading, many are an improvement on bitcoin. for others they are experiment on where p2p currency could lead. like your comment you could say people only mine bitcoin for fiat. |
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1091
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Alternate cryptocurrencies / Altcoin Discussion / Re: Mike's 75% attack
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on: August 18, 2015, 12:52:55 AM
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by the way RawDog ... werent you the guy in 2011 saying that bitcoin would be dead and worthless very soon (on youtube)? Look, 4 years later and the price is up some 1500% to 2000%.  the mere fact that you express bitcoins worth as its price v fiat almost supports his 2011 prediction  |
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1092
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Bitcoin / Bitcoin Discussion / Re: how did you fools let Mike Hearn in?
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on: August 17, 2015, 01:45:39 PM
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Main problem:
- If no one pushes, nothing will change until it is broke or too late... and Bitcoin needs to improve in order to be useful...
- But if someone pushes because bigger blocks are needed, then he is bad...
Instead of just complaining, you should just vote with your mining power which option you want, that's all. If mayority wants it, then it will be fair.
well it wont get the majority, thats a given. however say the majority mining power (as thats ur majority), wanted 210 million bitcoin via 10 times block rewards, would that make it right? would that still be bitcoin? majority mining power might not always work in the best interest of the entire user community? no? |
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1095
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Bitcoin / Bitcoin Discussion / Re: how did you fools let Mike Hearn in?
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on: August 17, 2015, 08:34:54 AM
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Well he's here pretty much from the beginning. Nobody let him in, he has join by himself. Isn't this the point of decentralized and open source system, anybody can join and quit whenever they feel so!
Bingo. That's why I feel like the OP amongst MANY OF YOU are misguided - people across the internet seem to think that because someone touts one side of an issue that forever they are relegated to that decision - a lot of others discredit luke-jr and PeterTodd wrongfully too based on the same line of thinking. The Bottom Line: Do you use a bitcoin wallet on your phone or mobile tablet? If so, you probably already owe Mike a Beer since he created and maintains BitcoinJ. i don't touch bitcoin tba hence my title use of 'you fools" why post then? well i have a big interest in the creation and real world use of a genuine useable p2p currency, which i hope to oneday see the existence of, and btc is moving further away from that dream. |
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1098
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Bitcoin / Bitcoin Discussion / Re: how did you fools let Mike Hearn in?
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on: August 17, 2015, 08:23:29 AM
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Well he's here pretty much from the beginning. Nobody let him in, he has join by himself. Isn't this the point of decentralized and open source system, anybody can join and quit whenever they feel so!
can they really? the code in reality is controlled by so few (with a love it or leave it attitude). like with most things bitcoin; reality is far removed from the theory of it. |
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better use new coins that have low value there is real money hidden
and why do you continue to do so?
