Flaws of pegging a virtual currency to a commodity Given that the fatal flaws in pegging a virtual currency to a commodity haven’t been relevant to the discussion (since it’s an easily provable scam) I haven’t touched on them yet but will try and handle them briefly here. Although this subjects been explained by people far more intelligent then me over the past few years on Bitcointalk, I can’t be bothered to search through the sea of stupidity this forums become to find the posts! I’ll have a stab at a few obvious reasons that stand out in my mind. However if you’d like to search for more acedemic reasoning i’d suggest the original Mastercoin threads or try Daniel Krawisz insightful post here http://nakamotoinstitute.org/mempool/mastercoin-is-a-nightmare-of-insanity/If a market participant sees the level of sales is exceeding the depth and velocity of the market to the extent they can clearly predict their investments going to drop they wont bother investing in the first place causing an avalanche effect with those at the top of the market fearful of being dumped on. A fixed supply of Uro coins on the free market means there’s no reason why a purchaser could ever acquire enough coins to meet a minimum order, on Bittrex the most liquid exchange there’s only 10.5 Bitcoins worth for sale at the time of writing this, even given the exceptionally cheap Urea price they’re claiming, this is no where near sufficient to complete a minimum order. The closer you get to the spot price of Urea the more the market will know they are going to get dumped on, again creating an avalanche effect on the price., even if the price held at 1% below the spot price it would completely undermine the cost savings of the scheme.
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Hey firstly sorry but Im a noob when it comes to Mastercoin.
I noticed that the price has fallen pretty heavily this year. How come is there any explanation or reason?
It's due to the disgusting and disgraceful way they tried to monetize the maidsafe crowdsale I think it's fallen so quickly. Unfortunately for holders though the alternative to monetizing it is admitting it's another pointless alt that's going to die slowly anyway.
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Price manipulated to stay at this price?
Yeah sure, the whales are all manipulating the price and buying Uro. No way it is just people dumping to salvage whatever they can from their "investments". FTFY
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Price manipulated to stay at this price?
Yah it's de big corparasions dey like 2 keep da prices down wen der r wales buying so da wales say no one buys den da price don't go up. It's a bit like wen macdonalds and burger king tell each other dont buy da burgers coz its more money in french fries innit it!
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Why don't you ask David Irvine you fucking twat?! Hmmm,
This is interesting
Either JR knows something , or he is trying to psych out the market into an uptrend
He has a lot of coins. He has more to gain by an uptrend than anyone else. Having all my original MSC back is a VERY appealing psychological milestone for me I'm not getting any love at 0.0075. Please, if you don't like my price, send me your best offer! I have a couple offers so far, but they are WAY higher! As I mentioned yesterday, I may just try doing this slowly. I was just hoping to get it done in one fell swoop if there was a big seller waiting for an opportunity . . . It also occurs to me that I shouldn't hijack our official thread for my own personal marketplace I'll try to keep it to the reddit post henceforth. Feel free to chat with me there: http://www.reddit.com/r/mastercoin/comments/2cmc8t/anybody_selling_a_big_chunk_of_msc/
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una salus victis nullam sperare salutem
The only hope for the doomed, is not to hope for salvation..
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I wonder if MP is still offering his 5000/1 futures contracts?
2.5:1 and yes he still is!! Don't know were you got 5000:1 from!
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Chang still here? I thought he started an investigation with ASIC a few weeks back now... If he has evidence that this is a scam and ASIC has/will found/find it to be a scam then what the hell is he still doing here trying to convince simple altcoin traders? How the hell is the opinion of traders on btctalk going to matter if ASIC were to find and announce it to be a scam and purse legal recourse? Why is he still wasting so much time and energy here when he claims to already have it in the bag? Why not just sit back and wait for ASIC to do it's work, Chang? Unless..... ??
And it's not as though you are trying to protect us traders anymore. You have made it perfectly clear the level of disdain you have for us, and that you give less than two shits if people who are still in it at this point lose out. I'm pretty sure you have even said you would like to see us lose everything at this point. So, why are you still here? If you have it in the bag and Uro will be brought down by ASIC soon, then why are you still here?
Shut up ya mothers cunt all my posts get deleted! PM me that long wall of text in a single sentence if you're trying to ask me something! Ahaha. You're so funny when you're angry Angry or amused!? Amused Exactly lol!
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Chang still here? I thought he started an investigation with ASIC a few weeks back now... If he has evidence that this is a scam and ASIC has/will found/find it to be a scam then what the hell is he still doing here trying to convince simple altcoin traders? How the hell is the opinion of traders on btctalk going to matter if ASIC were to find and announce it to be a scam and purse legal recourse? Why is he still wasting so much time and energy here when he claims to already have it in the bag? Why not just sit back and wait for ASIC to do it's work, Chang? Unless..... ??
And it's not as though you are trying to protect us traders anymore. You have made it perfectly clear the level of disdain you have for us, and that you give less than two shits if people who are still in it at this point lose out. I'm pretty sure you have even said you would like to see us lose everything at this point. So, why are you still here? If you have it in the bag and Uro will be brought down by ASIC soon, then why are you still here?
Shut up ya mothers cunt all my posts get deleted! PM me that long wall of text in a single sentence if you're trying to ask me something! Ahaha. You're so funny when you're angry Angry or amused!?
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Chang still here? I thought he started an investigation with ASIC a few weeks back now... If he has evidence that this is a scam and ASIC has/will found/find it to be a scam then what the hell is he still doing here trying to convince simple altcoin traders? How the hell is the opinion of traders on btctalk going to matter if ASIC were to find and announce it to be a scam and purse legal recourse? Why is he still wasting so much time and energy here when he claims to already have it in the bag? Why not just sit back and wait for ASIC to do it's work, Chang? Unless..... ??
And it's not as though you are trying to protect us traders anymore. You have made it perfectly clear the level of disdain you have for us, and that you give less than two shits if people who are still in it at this point lose out. I'm pretty sure you have even said you would like to see us lose everything at this point. So, why are you still here? If you have it in the bag and Uro will be brought down by ASIC soon, then why are you still here?
Shut up ya mothers cunt all my posts get deleted! PM me that long wall of text in a single sentence if you're trying to ask me something!
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I like Vitalin he have the nice face. I would like support with him the money. Vitalin werever u live now please take my big smiley face and smile along with all those moneys you have :
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It's inside your quote. Input pins do not match the top part of the photo that lists an amount of 2778.998. The inputs do not match this amount anywhere.
Sorry I'm a retard! whats the 2778.998 amount got to do with what we're talking about? Look at the wallet on the top part of the photo. If it's the same wallet, that amount will show in the block chain, it doesn't. You really need to break this down for me like I'm a retard as you keep saying because I feel like a retard trying to find any sense in what you're saying! Could you explain why in your mind the deposit of 2778.998 to a Bittrex deposit address, from an unspecified wallet relates to the withdrawal address beginning UkTX specified by Bohan for the withdrawal! Going out for a few hours now so may not get a chance to reply, but since even pictures wont help you it doesn't really matter!
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It's inside your quote. Input pins do not match the top part of the photo that lists an amount of 2778.998. The inputs do not match this amount anywhere.
Sorry I'm a retard! whats the 2778.998 amount got to do with what we're talking about?
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yup dats wer da evidencies point dat way yah Jesus you're not even looking at the right photo are you?? Don't worry mate forget I said anything, probably all this weed I'm smoking lol Also the input pins don't match.
0 e26bfbf728...:31 0.39723496 UZhgRVRuhFsSDD6rJSSXE44Rprs4iWpBMF 71:3044...4301 33:03c7...bb1a 1 7a18009c4f...:6 0.00573932 UQqGdqCGaHvNfpDBkmLtcW8zhK2HTpi5pF 71:3044...ba01 33:03f8...bc0a 2 8c0871b507...:0 10011.004 UYBBrxHw28njEGVYXnBoFB8ziKPRaZGBBe 73:3046...da01 33:0255...54fb 3 bf8c02c278...:0 429.998 UXXwBz4PwoxxRx6mozNQnkghoHSAsEnHSy 71:3044...3f01 33:026e...0380 4 61a4435bbd...:1 12.43980311 UNgoz61mpWzvTbZXwBvZcMaXiuKvXWzgKQ 73:3046...b201 33:03ee...8f45 5 679acb2057...:0 1181.4172227 UimbAjABFEdfaZF7ZG3gnUAfYcCJGgjuQY 73:3046...9a01 33:0233...d120 6 435e74812b...:0 96 UZQ4oPYgook5TadMeer6pkg76GwtGixoNZ 73:3046...2301 33:03da...af0d 7 d824a7c6ce...:1 768.75 UbtWjreAvpNmhuys69giZy3N2V3JxiF7UE 72:3045...c201 33:0358...0349
vs. jebus 2778.998... ?
Are you really that retarded that I have to hold your hand like a child and point you in the direction you need to go? Yeah I think I do, but the evidence is all there that jebus is a cut and paste hack scam artist.
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Jesus you're not even looking at the right photo are you?? Don't worry mate forget I said anything, probably all this weed I'm smoking lol Also the input pins don't match.
0 e26bfbf728...:31 0.39723496 UZhgRVRuhFsSDD6rJSSXE44Rprs4iWpBMF 71:3044...4301 33:03c7...bb1a 1 7a18009c4f...:6 0.00573932 UQqGdqCGaHvNfpDBkmLtcW8zhK2HTpi5pF 71:3044...ba01 33:03f8...bc0a 2 8c0871b507...:0 10011.004 UYBBrxHw28njEGVYXnBoFB8ziKPRaZGBBe 73:3046...da01 33:0255...54fb 3 bf8c02c278...:0 429.998 UXXwBz4PwoxxRx6mozNQnkghoHSAsEnHSy 71:3044...3f01 33:026e...0380 4 61a4435bbd...:1 12.43980311 UNgoz61mpWzvTbZXwBvZcMaXiuKvXWzgKQ 73:3046...b201 33:03ee...8f45 5 679acb2057...:0 1181.4172227 UimbAjABFEdfaZF7ZG3gnUAfYcCJGgjuQY 73:3046...9a01 33:0233...d120 6 435e74812b...:0 96 UZQ4oPYgook5TadMeer6pkg76GwtGixoNZ 73:3046...2301 33:03da...af0d 7 d824a7c6ce...:1 768.75 UbtWjreAvpNmhuys69giZy3N2V3JxiF7UE 72:3045...c201 33:0358...0349
vs. jebus 2778.998... ?
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Well the time and date stamps don't match with jebus account vs the block chain, so one of them is lying. You choose which one Mr. Chang.
time and date varies by time zone, it's got the address printed on the screen! http://prntscr.com/47hffa . Not sure what your comment one of them is lying means? it was was posted when Jebus was working for Bohan! Can you quote one of them on the thing you believe must be a lie relating to this transaction? Photo indicates :06:56 but the block chain indicates :08:59. The block chain should match bittrex. 3 min confirmation time and different time zone! don't really understand your point if you have one? Also not sure what your comment one of them is lying means? it was was posted when Jebus was working for Bohan! Can you quote one of them on the thing you believe must be a lie relating to this transaction?
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Well the time and date stamps don't match with jebus account vs the block chain, so one of them is lying. You choose which one Mr. Chang.
time and date varies by time zone, it's got the address printed on the screen! http://prntscr.com/47hffa . Not sure what your comment one of them is lying means? it was was posted when Jebus was working for Bohan! Can you quote one of them on the thing you believe must be a lie relating to this transaction?
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the first address is the uro bohan bought, with what id assume was his "88 bitcoin bounty" (this is all screen captured in the comments of my scam accusation thread), just commenting so you dont mislead people with your half baked research lol So Bohan just happens to purchase URO on the day the deal is made with IPL. YEAH THAT FUCKING MAKES SENSE. Half baked my ass. And what about the other one, on the right day and time? Got an answer for that? No you don't, and you don't have one for the other either, why? Because you smoke too much damn weed. You smoked yourself stupid. didn't look at the second one, just saying Jebus took a series of screen shots explaining the first address you've posted were from bohans bittrex account! You're not arguing me you're arguing with a photo lol
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the first address is the uro bohan bought, with what id assume was his "88 bitcoin bounty" (this is all screen captured in the comments of my scam accusation thread), just commenting so you dont mislead people with your half baked research lol
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Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.
Phone size is increasing again. 30 Years Of Cell Phones i like phones but not all the people like phonez, phones connect more than two peoplenow through webtronics and such an interesting formular used by bell and jacobs to determine number of people and people within proximity was p=c+ir when p is equal to total people, c is connected people and ir represents people in the room. phones r also larger now in terms of volume this can be described as bigger
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