Cool idea; don't have time to check it out at the moment but posting here to follow along with it when I can.
I also agree that the power of cryptographically secure mathematics is one of the best advertisements for Bitcoin.
Also, I've said this before, but knocking the amount of another's savings = not cool. 10 BTC as life savings is much better than 0 BTC, and without knowing his life story how can you judge him based off that amount? Many people are not able to save anything- either they don't make enough to save after paying the bills, or possibly they take care of sick and/or aging family members and that eats up their extra money, or.... a thousand other reasons. Best to not judge another at all, it has no sort of positive effect overall.
Oh, and everyone that has mocked his savings of 10 BTC, please sign a message from your address containing greater than 10 BTC...
Sorry, I know I got off on a bit of a tangent here, but that shit really bugs me.
i think you'll find I'm judging him/her based on the overhyped nature of the article. anyone knowing even the most basic math wouldn't bother attempting to hack it, and the author states life savings in order to elude some huge bounty (ie I seriously doubt its their life savings). however if I am wrong and this truly is their life savings then my advice of (no matter what their situation); using their time more productively rather then wasting it posting articles inviting people to rob them, is still sound advice, no? |
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its a great day for cryptos, those who'd thought they'd miss the crypto boat...well their ship has come back in.... my guess though is few have the .....  to buy now; and will cry again later about missing the boat while getting sucked into every second get rich quick scamcoin. as the old market saying goes 'buy when there's blood on the street even when the bloods your own'  nows kinda half of the whole 'buy low sell high' equation, a time when investors cry but traders grin from ear to ear  |
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your life savings 10btc  OP needs to get off this forum and get a job. |
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I suggest MMXIV.
+1 MMXIV seems to be turning into one of my best ever pos investments. |
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tba no real options, cheaters killed the coin, sorry for the work the dev team put in. however who'd invest in a coin that cheaters gamed the distribution  |
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I will never understand why you guys are undercutting each other by like .005 BTC each with dust. You could be making triple that, it was .03 earlier
I never understand why people would sell this too early, compound interest effect and earning 5% a day, with the coin starting off from such a low base, and still well under 10k coins in existence. Also yeah a bit of promotion and this thing could be triple the price even when 10x the current supply is available. You have to beat the inflation. When the supply double price gets cut in half. over simplistic view that works in theory on simple supply demand models, here though (cryptoworld) price is purely speculative, there is no real demand only speculation, if supply here doubles and price halved it be merely cause and effect, noobs here believing it makes on markets it happens. in this coin you could even get a decent bubble, ie people seeing its still holding its price (well above inflation), realise its a great return, buy up which in buying makes the price go up and even more attractive return, more by etc etc etc with mmxiv's overall marketcap pretty damn low there is plenty of room for such. early days yet in this experiment |
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I will never understand why you guys are undercutting each other by like .005 BTC each with dust. You could be making triple that, it was .03 earlier
I never understand why people would sell this too early, compound interest effect and earning 5% a day, with the coin starting off from such a low base, and still well under 10k coins in existence. Also yeah a bit of promotion and this thing could be triple the price even when 10x the current supply is available. |
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Hello,
We have turned off the faucet for the moment, as it seems we are getting two thousand requests more than we should (we have ~1.3k wallets downloaded). A vote will be posted tomorrow to decide if we want to continue faucet-based distribution or switch to another system. Until then, no faucet payments will be sent out.
It is a great decision! Fair to us who do not cheat in this distribution, I just got 2k coins, but cheaters can get 100k or more, they have lots of VPS/VPN. I have to disagree with the VPS thing. If this were any other coin received through mining, VPS would obviously give more hashing power yielding more coins. I have 3 VPS with wallets each and as you can see in my older btctalk posts; I usually provided tons of hashing power to newly created coins. Including helping Monero's first launch earlier this year. I do have to agree however that this coin verifies nothing of the VPS specs meaning I could potentially just get free VPS to rape it but it isnt worth my time but is an obvious issue to all of us as it defeats the purpose of a fair launch (in comparison with those who have VPS mining rigs). Totally agree. The idea of "faucet distribution" is fair. I have 5 VPSes and I have to pay for it. It's a kind of investment. If I have 5VPS and I receive the amount equal to someone who has only 1 PC, it will be unfair. This is "In-wallet-faucet-distribution", not "person-distribution". Moreover, I downloaded the wallet file only 1 time on the first VPS and transfer to the other 4 VPSes. I think if other people do the same thing as me, the downloaded wallet will be much less then the number of opening wallet. It's easy to understand. Yeah right so if I bank robber pays for his gun and get away car, he deserves the cash  Trying to justify cheating, its a giveaway coin, meant to be one wallet per person, anyone doing otherwise cheated end of story. |
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Hello,
We have turned off the faucet for the moment, as it seems we are getting two thousand requests more than we should (we have ~1.3k wallets downloaded). A vote will be posted tomorrow to decide if we want to continue faucet-based distribution or switch to another system. Until then, no faucet payments will be sent out.
smart move seems its been completely gamed now  |
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Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.
Technically litecoin has lot of advantages but at the moment bitcoin has lot more mass and momentum both of them are doing horrible. Bitcoin inflation 10% Litecoin inflation 30% it's insanity to expect gains from coins with these errosions That's crazy. That means Litecoin needs $80 000 in excess new demand per day just to offset the coins being sold by miners at the current CAP. No wonder it can't sustain itself. $3 million of new demand a month is needed just to sustain its current price. Good luck getting that in a bear market. lol Supply demand has easily been meet in the past when new demands was considerably less then happening today. You do know demand (and knowledge of cryptos) has and is increasing over time, and you do know about block halvings and the like? Also you're assuming miners mine and dump daily at any price. |
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how is it insaity to believe the inflation is real? I can see it on the blockexplorer. It's very real. This is what you call cold numbers or facts.
yes its real one of the few rare examples of a deflationary currencies on the planet and your calling it as inflationary as anyone who knows about bitcoin how many bitcoin are there? think you'll find the answer as 21 million, tis the figure the market values bitcoin around. |
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Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.
Technically litecoin has lot of advantages but at the moment bitcoin has lot more mass and momentum both of them are doing horrible. Bitcoin inflation 10% Litecoin inflation 30% it's insanity to expect gains from coins with these errosions actually its insanity to believe that inflation is real. markets all about how the market prices something and I am pretty sure the market prices bitcoin around the perception there is 21 million of them (and in fact all up at the end of the day they'll even be a hell of alot less then that...well usable). |
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Lucky you. I stopped mining this coin when the dev disappeared.
well that was a long time ago.....yet you're suddenly an expert on its status |
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I thought this coin died months ago... anyway, a forked blockchain means whatever you have on an exchange sell for something else and whatever you have in your wallet... send to an exchange and PRAY it gets there... and then sell for something else.
Good luck and DO NOT MINE THIS COIN...
well funnily enough i'm having not problems with this, mining or moving  |
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tis a hell of alot safer, easier and cheaper if the fiat choice of the exchange isn't USD.
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this is not the place i'd be getting any such legal advice off  |
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so I'm sorry I can't buy that you didn't have the ability and 2 minutes to make a quick post on here.
if his wife just had a baby i'd say he has full right to forget about this forum/cryptos for as long as he so chooses  |
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ALL i see is litecoin have no reason keep alive. It will die at last.
there's plenty of reasons litcoin will survive. irl i am a daytrader as such you quickly learn in order to be successful you must have no emotional attachment to anything in ur portfolio. in the alt community too many get suckered into the latest crapcoin, then never let go (too emotionally attached to see reality) tis why they spread fud on the most successful alt. fud all you like, I stick with litecoin because its the alt with the most backing, the most heavily traded and stood the test of time, so many crapcoins around now if any where any good they'd be lost in the mess anyway. the more alts created the more litecoin will succeed. |
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the empowering thing about cryptos is you're responsible for your own coins, whether it be the security, updating the clients, being on the right chain etc etc etc
there's no banker, gov, etc or any other centralised authority to return any funds you lose and especially not through your own stupidity.
just be thankful when you find a coin that you have a dev that maintains the client etc
Why would anyone use a coin that wasn't maintained or marketed? they wouldn't but some enter a coin before that happens. |
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the empowering thing about cryptos is you're responsible for your own coins, whether it be the security, updating the clients, being on the right chain etc etc etc
there's no banker, gov, etc or any other centralised authority to return any funds you lose and especially not through your own stupidity.
just be thankful when you find a coin that you have a dev that maintains the client etc
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