wtf is a monero  |
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lol well that was left open for the plug. if there are secret clubs they aint published here  |
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 plz forkers just get it done with already. go to whatever forked chain suits you.  ok cool, that be litecoin so much less drama  |
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Lol no doubt. I guess their merger with Western Union might be off the table now.  What does this say about all exchanges? I mean this pretty much was an exchange issue. Are exchanges in US going to have to move their services abroad? Is the US making it too difficult for them to function properly and operate? It looks like the US is going to lose out big time on crypto by imposing all these regulations. They had a good change to be one of the crypto financial hubs, but I don't see that happening anymore. genuine p2p currencies should be indifferent to gov regs, kinda part of the point. corporate try to be new world bankers may lose out.....awww lets all shed a tear |
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Since you insisted on my financial advice. Here's the best advice you'll ever get on alt coins. Don't buy them. If you want to participate in this sexy new technology. I understand. I have the itch myself. Mine them. Buy a fast computer, join a mining pool, and mine alt coins. Buy your computer from a store that allows refunds. Why? Mitigation of financial risk. If your alt coin that you mined did not work out, you still have a nice computer to use for other money making business purposes such as coding, webmaster services, etc. If your computer running at 100 percent clock speed 24/7 breaks before the end of the month, refund it. The computer has dual use. That's called hedging your bets. The computer can be refunded. That's called insuring your investment. The safest investments in the world are ones where the risks can be hedged and insured against. ... give financial advice ....
well you kinda took that out of context, don't think anyone on this forum should be giving financial advice. and i'm certainly not seeking yours. however i'm not here for financial gain more so for financial freedom, which could be accomplished by everyone here, if we could get a p2p currency to be widely accepted. |
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I made a short list of "honest" coins from the devtome page. None of them seem to be doing so good today and a couple may barely be alive.
So what's going on? People don't give a shit about the good projects? Obviously its about the quick buck and not about altcoins with real world value and use.
It's too bad we did not support the good guys instead of letting the scammers run this scene into the ground with all the clones, ICOs, and premine scams.
So ya, altcoins are a bad investment.
agree. i've seen people in trollbox pumping scams and asked them and often get the reply "so i don't care i'm making $$$$" but yeah funny how many exposed scams on here trade at the pointy end  yet if the same liquidity got behind the few honest coins, the pump n dumpers put their time instead into supporting the various honest coin communities, then everyone would be better off. i see altcoins as an excellent investment just more so in our financial freedom future rather then an investment for fiat gain |
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Litecoin has no significant tech advantage over Bitcoin; 1. They claim resistance to ASIC mining, but you can buy ASIC miners for Litecoin nowadays. 2. They are faster confirming than Bitcoin, but it still takes a long time for final confirmation to defend against multiple spending attacks. In other words, if you're buying a Ferrari with Litecoin, you'll still have to have a conversation over a cup of coffee with the seller before you can drive away. Litecoin is not offering secure confirmations in seconds. 3. No unfair ninjamining nor instamining, though. The originator of Litecoin has not done any shady business practices, to my knowledge. 4. The key thing is upside potential. I don't think it has much potential given Bitcoin's enormous head start and lack of significant technological advantage. I don't think Litecoins are bad, but they're not a great investment, either. If you don't have it, don't buy more. If you have it, just hold on to it or spend it if you can spend it on something cool. I wouldn't sell it now, though. I'd wait to see what happens to Bitcoin in the next month or so before deciding to sell Litecoin or not. It may not be a great investment, but if Bitcoin collapses, it may (or may not) take up more market share. I say "may not" because Litecoin has the exact same problem with block size that their devs have to come to an agreement with in the future, too. Was Litecoin one of the coins you looked at, if so what are your comments and or thoughts on Litecoin?
Its the only altcoin I'm invested in at this stage but only about 10/15% compared to my bitcoin holdings.
i think you understand litecoin enough to give financial advice on, where would i even begin firstly litecoin never claimed/claims or was even designed to be asics resistant, at the time of its creation asics wasn't even an issue. its mining was simply designed to not compete with bitcoin miners. |
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Gold never changes in thousands of years. If bitcoin is to become the new digital gold, it should have similar properties: Immune to human's influence
Basically the bitcoin's fundamental principles are all set, so in principle any BIP should be rejected unless reaching 100% consensus. If bitcoin really have some problem, then consensus will reach to improve it
gold can't change, bitcoin can, its a feature not a bug. I agree no change shouldn't be made lightly, but it's unrealistic to think bitcoin can't improve and should not. maybe in 10 years everything will be fully ironed out and there will literally be no point in ever changing anything, then again at that point we might want to enable the scripting language bitcoin was designed to handle. and then open up the door to all kinds of possible improvements in the scripting language. yes but then bitcoin should still be classed as beta, and blockchain reset when it comes out of beta. |
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i've found though the nerdy IT crowd here is in general far removed from understanding the most basic market dynamics, currency or even basic math.
not to mention way too linear in understanding potential security flaws.
Please enlighten us. where would i begin ? Step 1 The Begining Point A Anywhere ok begin with market dynamics the 'price' v USD of bitcoin, nothing more then the greater fool theory; in this case the price of bitcoin is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants. A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price.Or one may rationally have the expectation that the item can be resold to a "greater fool" later. anyone brave or stupid enough to tell me that 99.9% of bitcoin holders on this forum, aren't holding simply to sell for a higher price to a greater fool later on? (well tbh this isn't the only mechanism that got us to this point, there was off course manipulative bot trading). |
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Diamonds, Gold, Silver...take your pick.
hmmm someone who knows very little about the diamond market  |
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i've found though the nerdy IT crowd here is in general far removed from understanding the most basic market dynamics, currency or even basic math.
not to mention way too linear in understanding potential security flaws.
Please enlighten us. where would i begin ? |
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Argh...what I don't like is that I always need to stop and start harvesting after an update. it costs 12 hours (6hr for stop, and 6 hrs to start again). hmmm crashing because of NIS sync issues?
Hi Kelsey. Please don't mind the BTT trolls. They have their own selfish agenda in trading NEM. What is the problem your NIS? for a week or so NIS hasn't fully synced, few days it was saying 1 day behind, now for a few days its been saying 2 days behind. as a result any blocks i harvest (all saying 20% difficulty) later disappear. You got a bad line to the net? Bad line to the net causes that. Something else that causes a problem like that is having the computer sleep or shutdown while NEM is running. Sometimes when the computer starts back up, NEM is fine but sometimes it isn't. In that case your database can be corrupted and you have to follow this guide to remove your database and sync a new one from scratch (luckily that usually doesn't take too long). http://blog.nem.io/how-to-delete-your-local-copy-of-the-blockchain/yep one of the first things i'd tried, and done twice since, still never fully syncs. Are you perhaps not running version 0.6.42 or 0.6.43? If you aren't you will have to update and then delete the chain and sync again. We recently had a hard fork to bring in new features and any old software won't work. If you have updated, I am suspicious that somehow maybe some of the old NEM files got mixed into the new ones somehow. But lets check your version first. yep on 6.43, and have since the trouble uninstalled reinstalled etc etc etc still no luck. Just don't deactivate and then reactivate delegated harvesting and you can start harvesting again immediately after update. There's no reason to deactivate delegated harvesting. All delegated harvesting does is map your account's importance to another account. Starting/stopping software has nothing to do with that mapping because it is on the block chain. can't say todate i've ever used delegated harvesting. |
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i think its almost the only outcome, that a p2p currency exceeds bitcoin in usefulness and popularity at sometime in the not too distant future, however i don't think that future p2p currency exists yet.
devs (as they mostly pretend to call themselves) from this community are too obsessed with 'innovation' but here that means complications. the real innovation needed is simplification.
i've found though the nerdy IT crowd here is in general far removed from understanding the most basic market dynamics, currency or even basic math.
not to mention way too linear in understanding potential security flaws.
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hmmm crashing because of NIS sync issues?
Hi Kelsey. Please don't mind the BTT trolls. They have their own selfish agenda in trading NEM. What is the problem your NIS? for a week or so NIS hasn't fully synced, few days it was saying 1 day behind, now for a few days its been saying 2 days behind. as a result any blocks i harvest (all saying 20% difficulty) later disappear. You got a bad line to the net? Bad line to the net causes that. Something else that causes a problem like that is having the computer sleep or shutdown while NEM is running. Sometimes when the computer starts back up, NEM is fine but sometimes it isn't. In that case your database can be corrupted and you have to follow this guide to remove your database and sync a new one from scratch (luckily that usually doesn't take too long). http://blog.nem.io/how-to-delete-your-local-copy-of-the-blockchain/yep one of the first things i'd tried, and done twice since, still never fully syncs. Are you perhaps not running version 0.6.42 or 0.6.43? If you aren't you will have to update and then delete the chain and sync again. We recently had a hard fork to bring in new features and any old software won't work. If you have updated, I am suspicious that somehow maybe some of the old NEM files got mixed into the new ones somehow. But lets check your version first. yep on 6.43, and have since the trouble uninstalled reinstalled etc etc etc still no luck. |
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if people loved money (btc being money) that much they wouldn't have kids |
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"let's tell the word that we love bitcoin ." lost me that sentence makes no sense |
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Hundreds of coins out there. Which ones should be on your radar?
I would probably pick the one with the best name, most resilient community, and most creative developer!  and as the OP suggests one with constant decent liquidity. |
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i missing something wtf does the CIA have to do with the Czech Republic for their own safety i suggest the OP steps away from anything as sharp as a keyboard |
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hmmm crashing because of NIS sync issues?
Hi Kelsey. Please don't mind the BTT trolls. They have their own selfish agenda in trading NEM. What is the problem your NIS? for a week or so NIS hasn't fully synced, few days it was saying 1 day behind, now for a few days its been saying 2 days behind. as a result any blocks i harvest (all saying 20% difficulty) later disappear. You got a bad line to the net? Bad line to the net causes that. Something else that causes a problem like that is having the computer sleep or shutdown while NEM is running. Sometimes when the computer starts back up, NEM is fine but sometimes it isn't. In that case your database can be corrupted and you have to follow this guide to remove your database and sync a new one from scratch (luckily that usually doesn't take too long). http://blog.nem.io/how-to-delete-your-local-copy-of-the-blockchain/yep one of the first things i'd tried, and done twice since, still never fully syncs. |
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