Latest posts of: Liquid

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261

Bitcoin / Bitcoin Discussion / Re: ASICS killing BTC ?

on: July 03, 2013, 11:16:53 AM

Quote from: btcrich on July 03, 2013, 10:10:50 AM Quote from: hazek on July 03, 2013, 09:34:51 AM OP, you don't understand how Bitcoin works. Owning hashing power does not mean you control the network. Miners do not control the network, full nodes do. Meaning nodes which maintain the blockchain and relay new blocks and new transactions. The only reason why 3 is bad is because it lowers the bar for one of these companies to start a 51% attack if they desired to destroy Bitcoin and their investment with it. Miners don't control the network? Only full nodes do? What??? Sorry, but every miner out there is securing the blockchain. No one "controls" the network. Only a miner with 51% can manipulate the network. +1 ASICS are not Killing Bitcoin but securing the network more and more and this will increase the value http://www.youtube.com/watch?v=uIivL1TYV1g

262

Other / Off-topic / Re: What happened to...Bruce Wagner?

on: June 30, 2013, 12:48:34 PM

Who is he ?

263

Bitcoin / Bitcoin Discussion / Re: Memorable quotes

on: June 30, 2013, 12:46:58 PM

Quote from: Remember remember the 5th of November on June 30, 2013, 12:27:37 PM Quote from: hotcoldcoin on June 30, 2013, 11:58:14 AM Quote from: http://www.mail-archive.com/cryptography@metzdowd.com/msg09959.html I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. - Satoshi Nakamoto, November 1, 2008 This pretty much sums the whole thread. +1

264

Bitcoin / Bitcoin Discussion / Re: ! 5 Bitcoin Independence Day Raffle !

on: June 30, 2013, 04:33:41 AM

Liquid 12Zu56v2CENZREzQnaEia37CeBEEDG96fK Go Bitcoins Go

265

Economy / Trading Discussion / Re: Bank Account Closure - Australia (possibly due to sending money to TechnoCash??

on: June 27, 2013, 11:11:51 AM

I have used Technocash to Gox many times i used NAB all good for me

266

Other / Beginners & Help / Re: Hello everyone!

on: June 27, 2013, 09:53:02 AM

Welcome to the world of bitcoin you will love it

267

Alternate cryptocurrencies / Marketplace (Altcoins) / Re: ► ► ► LEALANA PHYSICAL SILVER LITECOINS [pre sale ANNOUNCEMENT]

on: June 26, 2013, 10:57:00 AM

YES at last put me down for first order bro

268

Bitcoin / Bitcoin Discussion / Re: Bitcoin-Qt / bitcoind version 0.8.3 released

on: June 26, 2013, 07:12:16 AM

Cheers

269

Other / Off-topic / Re: Who else is fed up with the core development team?

on: June 26, 2013, 12:00:29 AM

Have you looked at the technical subform its littered with all the coders and dev team trying hard to remove all the bugs and clean the code up ! https://bitcointalk.org/index.php?board=6.0

270

Economy / Speculation / Re: Lost my faith

on: June 25, 2013, 11:57:41 PM

Quote from: bbit on June 25, 2013, 11:49:01 PM Quote from: bitcoinscanada on June 25, 2013, 09:52:35 PM I'm afraid I've lost my faith in Bitcoin. Somebody save me.. Never loose faith! Bitcoin does not need faith but numbers

271

Bitcoin / Bitcoin Discussion / Re: Anyone know what happened to knightmb and his 371,000 BTC?

on: June 25, 2013, 11:52:22 PM

Quote from: runam0k on June 25, 2013, 10:28:51 PM > $37million in today's money

272

Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched!

on: June 25, 2013, 09:28:47 AM

Quote from: coblee on June 25, 2013, 08:57:45 AM 0.6.9.1 has been released. Please grab it from here: http://litecoin.org/ 0.6.9.1 comes with lowered fees, but please see: https://forum.litecoin.net/index.php/topic,4615.0.html Thanks bro needed this Ah these are the days LTC is unregulated and i would like to add how amazing it is http://193.28.235.60/~warren/litecoin-0.6.9.1-FINAL/win32/

273

Alternate cryptocurrencies / Altcoin Discussion / Re: Why is litecoin hyped so much when it doesn't add any value over bitcoin?

on: June 25, 2013, 09:27:08 AM

Quote from: medicine28 on June 25, 2013, 01:29:25 AM Litecoin is different from bitcoin in following ways, however none of them is particularly useful and on the contrary are only less worthy. 84 million vs 21 millions: since bitcoin is divisible upto atleast 9 decimals and also micro BTC can be used for dealing with low amounts faster blocks 2.5 minutes vs 10 minutes average: 6 confirmations of bitcoin are not equivalent of 6 confirmations of litecoin, so litecoin payments are usually confirmed after many more confirmations. It also wastes mining power because in litecoin, most of the time miners may start work with non-best blocks. scrypt vs sha-256: since scrypt can be relatively efficiently run on CPU/GPU which means botnets can easily control a lot of hashing power. Also, scrypt is relatively less analyzed and used than sha-256, so it may not be more secure tha sha-256. Technically, bitcoin does what litecoin in an equal or better way. Also, bitcoin testnet can be used to experiment with new features. Why do we need litecoin that actually has monetary value?(around 2.7USD per LTC now) Is it just promoted by a group of people who missed the bitcoin get-rich boat? Bitcoin is novel concept and early adopters rightly earn their rewards for the risk they have taken. Keep talking you will change nothing Quote from: smoothie on June 25, 2013, 06:18:10 AM Quote from: FiiNALiZE on June 25, 2013, 02:01:29 AM The biggest downside of BTC that I see is ASICs. This is why I believe LTC will be successful in the short term (a couple years). ASICs and their distribution on the bitcoin network can't be guaranteed to not be centralized at some point. This is uncharted waters in bitcoin so no one can say for sure that bitcoin will not get attacked via a large asic manufacturer. Time will tell. +1

274

Alternate cryptocurrencies / Altcoin Discussion / Re: Network Alert!!! http://litecoin.org/upgrade = 404

on: June 25, 2013, 09:24:04 AM

Quote from: Cyberdyne on June 25, 2013, 09:22:57 AM http://litecoin.org/upgrade Apparently that is not the page I am looking for. +1 help pls

275

Alternate cryptocurrencies / Altcoin Discussion / Re: What Litecoin means for Bitcoin (and crypto in general) once it's on Mt.Gox

on: June 24, 2013, 09:53:33 PM

Quote from: dandannn on June 24, 2013, 08:25:48 PM Quote from: Liquid on June 24, 2013, 10:59:41 AM I can send you some LTC if you want post up your address Yes please x4lqb9gED2AVqJfescaf That is not a valid address

276

Bitcoin / Bitcoin Discussion / Re: Anyone feel like BTC is like play money?

on: June 24, 2013, 11:47:10 AM

Using Bitcoin "feels" natural i don't know why but it feels like i've been using it all my life, and NO it does not "feel" like play money I see it as a huge technological advancement in economic evolution, i like to think of it as the new underlying financial internetwork of humankind. Night by night this magical cryptographic currency grows and entangles with the world wide web creating the most spectacular currency imaginable ! Quoted feel because it is not a tangible object but you understand my meaning

277

Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California

on: June 24, 2013, 11:09:00 AM

278

Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden.

on: June 24, 2013, 11:07:24 AM

"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad man." - John Emerich Edward Dalberg Acton, 1st Baron

279

Alternate cryptocurrencies / Altcoin Discussion / Re: What Litecoin means for Bitcoin (and crypto in general) once it's on Mt.Gox

on: June 24, 2013, 10:59:41 AM

Ok lets say you are right then why do newbies and crypto beginners like the idea of owning some LTC then ? Its not all about bitcoin you know I do value your maturity and intelligence on the subject though I can send you some LTC if you want post up your address

280

Economy / Marketplace / Re: List of honest traders.

on: June 24, 2013, 09:52:56 AM

Quote from: BitCoiner2012 on November 18, 2012, 03:12:27 AM +1 for Liquid on a currency conversion transaction. Quick, easy, negotiable and fun. BitCoiner2012 +1 Nolo +1 lightlord +1 Trusted Members, Smooth Transactions

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