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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Active Team Members
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on: May 16, 2015, 05:02:12 AM
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so what kind of coinage do you need to properly stake (yes i've read up but there are some contradiction, eg my client says 1000, but a tutoral says 10000 etc etc etc)?
any advantage in more coinage?
prior to staking any advantage or need in keeping the client running?
it is 10000, the client has a typo more coinage is related to your importance on the network, and therefore increases your odds of harvesting a block, but not directly, check out the white paper for more detail Harvesting involves block creation, so something needs to be running. It can be your local computer running a node, your own remote node on a vps, or on a public node. Soon, (i hope) there will be a system of rewards for those running their own nodes. So that will be another way of profiting in addition to harvesting thanks for the reply  is there any advantage in keeping the client open prior to having your coins mature to staking age? |
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1323
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Alternate cryptocurrencies / Altcoin Discussion / Re: Lies Bagholders Tell Themselves.
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on: May 16, 2015, 04:01:52 AM
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Also, "the tech is better than every coin out there, so it will rise soon". LOL
is it a currency or a mission to mars  Both requires technology/programming innovation unless that innovation involves a simplification of bitcoin then all innovative new coins are a con or a fail (if devs are geniune). thing is here most use the innovation line purely to sell snake oil. which brings me to the other big lie; "its new code so its a coin 2.0" being new code does not automatically make it better then bitcoin The work that goes into the creation of a new coin isn't easy (except from a fork of course) and requires some acedemic knowledge. Here you can find an example of difficult math calculations and other stuff. *edit: It took them more than a year to develop and how in any way shape or form does that automatically make it an improvement bitcoin (which claiming 2.0 tries to elude to) or even means anything of value was created seriously just doing work doesn't mean you created something of value, or even something that should be rewarded. you could go out into your backyard and dig holes and fill them up, do a hell of alot of hard work but nothing really achieved or deserving of reward. in software literally billions of dollars of man hours have been wasted on vaporware. so i stand by my statement that; "its new code so its a coin 2.0" is a big lie bagholders tell themselves (and everyone else). |
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1324
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Alternate cryptocurrencies / Altcoin Discussion / Re: Innovation vs Price
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on: May 15, 2015, 02:31:50 PM
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If something is innovative with a dedicated developer it deserves to grow, unfortunately that is never the case.
I believe innovation will prevail over the long term. That's why bitcoin is now stagnant and why litecoin is dying. There is a formula now of using slick marketing, slick bootstrap websites, and artificial social buzz, to elevate a coin. But I think the eventual winners will be those that find sustainable organic growth and critical mass. That will most likely come from development not from hype. So while the marketeers, whales, and traders might find short term success pumping and dumping, the eventual bitcoin replacement will be born from invention. Alt pumpers keep repeating these lies to inflate their coin. First Lie: "Coin X is more innovative than bitcoin." Bitcoin has more innovation than any other coin and probably more than all of the others put together. More stacks, more code, more testing and peer review, more developers, more API's and frameworks , more venture capital backing development, more software wallets, more hardware wallets, more POS integrations,more mining hardware, more ATM's, ect... Second Lie: "Bitcoin is stagnant" Almost every other existing coin besides new coins in the "pump phase" are capitulating in comparison to bitcoin. Bitcoin is growing in venture capital, new users, business adoption, and development. third lie used by those pumping a shitcoin; "litecoin is dying" |
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1328
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Alternate cryptocurrencies / Altcoin Discussion / Re: Lies Bagholders Tell Themselves.
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on: May 15, 2015, 12:32:44 PM
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Also, "the tech is better than every coin out there, so it will rise soon". LOL
is it a currency or a mission to mars Both requires technology/programming innovation unless that innovation involves a simplification of bitcoin then all innovative new coins are a con or a fail (if devs are geniune). thing is here most use the innovation line purely to sell snake oil. which brings me to the other big lie; "its new code so its a coin 2.0" being new code does not automatically make it better then bitcoin |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Active Team Members
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on: May 13, 2015, 05:45:35 AM
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anyway truth be told so far NEM is the worst user experience i've experienced in my literly 100s of alt client history.
Nonsense. how can that be nonsense, its my experience i'm expressing, you can't call someone elses experience non sense. problem with these coins, is people have their hearts set on them working that they are willing to look over so many factor just cause they want it to work. now some questions; how many conformation needed for the transfer to appear at the other end? also when sending to an exchange is txt required? |
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so then the whole point would have been 
my nem mia 
