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22
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Bitcoin / Electrum / Re: Restore doesn't work moving from 1.9 --> 1.8.1
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on: November 02, 2013, 05:27:36 PM
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I'm still running v 1.5.6
Should I be upgrading, will that be safe? Or am I OK just to stick with 1.5.6 ?
Thanks for any advice!
You should be at least running 1.8.1, not 1.5.6 Thanks for the tip! 1.5.6 seemed to be running fine but better to be up to date I guess. Upgraded: found the expert tickbox.  Thanks again |
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27
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Alternate cryptocurrencies / Altcoin Discussion / Re: [LTC] [ANN] Physical Litecoins by CryptoVest (Coming soon!!)
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on: June 27, 2013, 05:08:44 PM
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Hi everyone,
After all this I have decided not to make the coins. I spent too much time organizing things and polling the public for their opinions, that it seems that someone else has beaten me to the punch and made their own physical Litecoins. This was a surprise to me, seeing as though this person never made an announcement or anything. I can't honestly take my investors money (over $10k) and use it on this project knowing that there will be competition and that his ROI will likely take a large hit. Believe me, no one is more upset with this turn of events than I am, I have spent over a thousand dollars on design and programming a custom program to generate/print addresses, and most of my free time the past few months has gone into planning or organizing some part of this.
Thank you all for your interest,
Ch
I'm also thinking of making some physical rounds for Litecoin for the community. Would you consider either selling or open-sourcing the software you made to generate and print addresses? I assume it's something quite like the one Mike of Casascius created. Thanks for your time. |
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29
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Economy / Economics / Re: Bitcoin - we have a problem.
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on: June 19, 2013, 07:40:46 PM
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So we agree this is quite a big issue.
I am going to put my neck on the line hear and state this is going to cause the downfall of bitcoins.
I don't understand when they developed it why they did not make the difficulty fixed and vary the reward to maintain the steady creation of coins. This way you can mine solo.
Agreed. It is probably -the- issue. I can only hope you're wrong. As I'm sure you know, the client was also (with a single click) a miner. Obviously things got out of hand somewhere along the line |
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30
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Economy / Economics / Re: Bitcoin - we have a problem.
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on: June 19, 2013, 07:32:15 PM
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Perhaps we should target, e.g. 10 or 20 pools, each with no more than 10% or 5%.
Surely that's achievable.
It is impossible to enforce - pool operators want as many users as possible so they can collect more fees. Even if most agree - some will not and lots of users will end up on them because the payouts are more consistent. The trouble is we are greedy bastards by our very nature This is indeed true. But do not users with a healthy balance of coins owe it to themselves (for the long term value of their coins) to help in this goal, by 1) running a full node 2) mining 3) supporting the new/smaller pools ..? |
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31
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Economy / Economics / Re: Bitcoin - we have a problem.
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on: June 19, 2013, 07:15:55 PM
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Perhaps we should target, e.g. 10 or 20 pools, each with no more than 10% or 5%. Heck 50 or 100 pools with 2% or 1% share.
Surely that's would help and is achievable.
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32
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Economy / Economics / Re: Bitcoin - we have a problem.
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on: June 19, 2013, 07:10:30 PM
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Everyone who can should run a USB ASIC miner (or more) that would help a little with decentralising. It's a shame they're priced a bit high though.
Just because it's an ASIC doesn't mean it's more efficient than a GPU. Those will have to be a lot cheaper before they really make any difference. Agreed, but it does open it up mining to a wider group of people with, e.g. a notebook, or a MAC, etc. that aren't running GPUs. I know it's not brilliant, but it's a step in the right direction. And I see a new pool being setup which is also needed - diversity in equipment and pools. I'd love to get a 28nm ASIC setup but realistically can't expect a large percentage of users to buy these. So the centralization looks set to continue... |
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35
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Economy / Speculation / Re: We going back to $30
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on: June 17, 2013, 07:55:11 PM
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Anyone noticed the prices that physical casascius coins are still going for on ebay ... ?
Perhaps an indicator of the broader market?
Or maybe wishful thinking on my part.
I don't see any with bids Ouch! |
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37
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Economy / Speculation / Re: We going back to $30
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on: June 17, 2013, 12:08:53 AM
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Anyone noticed the prices that physical casascius coins are still going for on ebay ... ?
Perhaps an indicator of the broader market?
Or maybe wishful thinking on my part.
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