cedivad, when you stop pointing the finger and become less territorial then we can work together.
In your own thread, which you dominate and admit you post too frequently on (much like myself here), you are too quick to condemn. I honestly don't want to wind you up but have to point out your misgivings in the hope you take a step back and reassess.
Your dislike for ActM is apparent and your posting history in this thread supports that conclusion, but if it's success you are after, like the rest of us, then why not jump into bed with the enemy?
You clearly come with technical knowledge, enthusiasm and passion, so why not embrace your fellow bitcoiners who are very much like you but picked a different team?
Edit; you provide the chips, we turn them into miners and everyone gets a slice of the pie.
Sounds like a good idea, I wouldn't mind some of my 400 bitcoin back. |
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Are the devs ever going to make any improvements to the wallet, add a gui, or anything for this to takeoff?
The MRO guys are working on a GUI wallet in QT, once it's released the Bytecoin developers can copy the code. |
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nice CPU coin, I already mine it
Amazing, you started mining before posting here? |
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How many comments have appeared since when I last time was here! more and more people are interested in QCN...
To the moooon! |
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I'm one hour into the court hearing and becoming less bearish. Chapter 11 (Hashfast reorganisation) rather than chapter 7 (liquidation) is looking more likely. This would mean a fantastic opportunity for ActM as we are primed to sort this mess out for them and do well for ourselves.
I'm not sure how the unlikely chapter 7 ruling would affect us but, at the end of the day, those 40,000 chips exist, everyone is working towards a solution and ActM are extremely well placed to generate money from those chips which could pay off the creditors and leave us a tidy profit.
This is a business opportunity which can't be understated. Without this deal one wonders what ActM has left up its sleeve, but with it comes a massive injection of cash and the possibility of a bright future for the company.
The vultures are indeed circling and we have a birds eye view!
Edit: I also get the impression that the judge doesn't favour the liquidbits lawyer but am unsure how that effects things.
I'll need to listen on but it seems that we might learn more if they reconvene next Tuesday or Wednesday as has been suggested. If that's the case then perhaps Ken's news blackout could continue until then?
What about buying the IP for the ASIC, getting some more chips to make the money to then produce our own ASIC? Is their IP up for grabs, because this Peoples ASIC IP seemed to be a major dead end. |
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I cannot see any sane investor seriously considering any of the current altcoins as anything different than a very risky gamble. Investing more than 40% of your funds into ALTS is only for ponzi masters, serious manipulators and the adrenaline junkies among the bitcoin geeks.
I am investing <<1% +1 a little more than that but why do you presume sane investors are diversifying 40% into a single alt. That makes no sense. You're right. Are you implying that I have presumed it some way?  dreamspark replying to both you and tupelo at the same time. :p |
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I cannot see any sane investor seriously considering any of the current altcoins as anything different than a very risky gamble. Investing more than 40% of your funds into ALTS is only for ponzi masters, serious manipulators and the adrenaline junkies among the bitcoin geeks.
I am investing <<1% Haha I wonder how much that is for you? :p |
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QCN is the far superior choice with less risk and much greater upside potential to MRO.
Do you know a little truth? QCN dev tried to relaunch Monero. Yes, launched Monero again with the same name because he said Monero is not fair (More like he couldn't mine enough). He changed name to Quazar after strong resistance from the community. Now that thread has been deleted by him. Hope everyone stays away for Quazar If so, is that why are there only 90,000 Quazar coins in existence? How many Moneros......exactly! Quazar also has a much flatter coin distribution curve as in the coin issuance is at a much slower rate than MRO. MRO mkcap 3 million, QCN mkcap 250,000. All for the same or better features. You decide which coin has more upside. The one that already went up 800%, or the one about to....easy choice. At first sight the uninformed would agree with you, QCN seems like the cheaper deal, better buy now to secure a bigger slice of the pie. Except the market needs a clear leader, every clone will not match the leaders pie, and you're wealth may not come no matter how large your slice is. MRO is the market leader, has active development and progressing at a fast pace. Of course the QCN and others will want to advertise to investors that they will someday have the same upside, I am unsure about that. Current market caps: MRO ($3,000,000) QCN ($250,000) You invest $1,000: You own 0.033% of MRO. You own 0.4% of QCN. If one day both QCN and MRO are worth $10,000,000 then you will have around about $40,000 in QCN or $3,000 in MRO. Obviously QCN is the better choice. However if MRO replaces Darkcoin and QCN just becomes the Litecoin to MRO we'll have a different outcome: Litecoin is worth 5% of Bitcoin. So if Monero is worth $100,000,000 in this example QCN would be worth $5,000,000 Your amount of MRO is worth $33,000. Your amount of QCN is worth $20,000. Anyway, don't invest more than you can afford to lose! **Also remember that the QCN calculation is super super optimal for them, because they are not releasing coin that slowly, eventually the supply will not be so small. So that scenario is my best case for long term QCN. |
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I am going to give some mining a go, I doubt it will be worth my efforts (my lone cpu isn't very good) I am using the simple miner and connecting to a pool. EDIT: update. This is my error: stratum_recv_line failed Anyone know a way around it? |
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MRO (Monero)Okay, there was a reason why I wrote on alts. Cause I have just made my first altcoin investment ever! Monero has a trait which pretty much all other alts lack: slow and geometrically decreasing issuance. At present, only 5% of MRO is mined, and even after 4 years there will still be 20% left to be mined. There is no premine, and the community consists of several people  Furthermore, it is currently a CPU coin, since the 11 hashing algorithms make it difficult to implement for GPU let alone ASIC. These things make it "fair" so that there is no way to amass large stashes except by working for them in the competitive mining or buying in the open market. The market for the coin is very active and extremely liquid. There was an OTC market in the beginning. MRO was listed in Poloniex 5 days ago and the reception has been good. It has been the most traded coin ever since despite having a market cap of only 1-3 M$! Up to 10% of the outstanding MRO changes hands daily in Poloniex, mitigating the extreme volatility that is plaguing many alts with concentrated ownership. And now comes the main point: The coin has a feature, which is not implementable in Bitcoin - privacy! It is called CryptoNote, and means that all transactions are mixed in a protocol level. This is imo the most advanced privacy that is currently found in crypto universe, although I am sure that some disagree and let them teach me how I am wrong  The coin is probably circulating quite widely already. New mining is about 30kMRO per day ( BTC180), which is about $100k (!) and the price is rising (despite that). This is not a pump and dump coin, because the inflation takes care that new coins are constantly coming to the market. A word of warning though - the market cap may seem lucratively small, but the total issuance of MRO is 20 times the current, which is a little less than that of BTC. Therefore it is easy to compare the relative valuations by just comparing the prices. At 0.006 BTC currently, MRO is not the cheapest coin around (1:166 of BTC). I would advice to not buy hastily, and not participate in bubbles (if any). Mining is also an option. This is the first altcoin I bought, and I did it during the time when it had been listed in the exchange. My relative position is less than in BTC though, so if only one remains, I would still do better if it is BTC This is the reason I bought some MRO, I wanted to contribute by mining but don't have the resources to do so. MRO offers quite a lot to the Crypto world and it's a shame a lot of people are against it. gmaxwell says the ring sig tech is very good, and I have talked a lot with the MRO developers and they are very capable people and know what they are doing. |
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Some advice: If you're one of the people that just dumped for no reason other than to follow the whales bait, I suggest you take a break from trading these coins.
Ask yourself this: Did your sell secure profits relative to Bitcoin? If so then you have won, you just haven't won as much as you could have.
Stop and take a break.
If you dumped and lost money, well I'm not sure what to say.
what about if your advise to hold is wrong? will u pay me back personally if i will hold, bear trap will finish and i will loose? will u? if not so keep ur advise for yourselves, because u behave as bankster:) people still can decide what is better for them, ur advise is for ur profits No my advice is not "for ur profits". I do not hold Dark and have never held Dark. My advice was actually for generic swings like this, it applies to all coins. If the price starts to dump for no reason (no news) then it's likely to be a whale baiting you, holding is almost always the right thing to do. (remember, this only applies if there was no news that instant, external factors like news make my advice here void.) So the price dumps for no reason, and you dump too, big mistake. So if you've been buying whatever asset for whatever amount of time, and now you dumped and lost all your asset (In this case Darkcoin) you can do one of either two things: 1 - Calculate if you're in profits. Are you now up in bitcoin or usd? If so don't be too hard on yourself. 2 - If you bought high and now the dump has cost you money in both Darkcoin and Bitcoin/usd you're options are limited, you've made real losses and may never get them back. This is where I recommend taking a step back and deciding if this game of playing the market is for you. This advice is for every stock or coin. This advice helps me in no way relative to you because I do not hold Darkcoins. (I have spoken out about Dark many times) It's just advice to people that are hurting from a whale bait, that is all. **This assumes you have calculated the fundamentals for your coin and have reason to believe that it's price is justified. (which you did of course :p) |
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you have quickly identified my ignorance. i thought hero member was someone that was trusted by the community and gave of themselves not because of compensation. i did not know that it was a bought account.
my apologies.
Most hero accounts are not "bought" but some are. My account has not been purchased, I've had it since post 1! Anyway, the "titles" on the accounts mean nothing really, I'm not exactly the type of person you'd want advice from. I'm just someone that posts here a lot, that is all. |
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Some advice: If you're one of the people that just dumped for no reason other than to follow the whales bait, I suggest you take a break from trading these coins.
Ask yourself this: Did your sell secure profits relative to Bitcoin? If so then you have won, you just haven't won as much as you could have.
Stop and take a break.
If you dumped and lost money, well I'm not sure what to say.
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I think of only a few unlikely way to lose investing in this.
If the IPO raised 100,000 bitcoin, and right after the bitcoin price started its ascent towards $10,000, then you'll find a lot of people panic selling to get back into bitcoin. |
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how many coins can i expect every day from a hash rade of 10KHASH /s ? ( yea i wrote right ... 10 khash.... im admin of 2 racks 42 u each rack has 40 servers with 2 x e5620 which will bring me around 250 Hash /sec so 40*250 = 10000 = 10khash. ... the other rack will be busy to other work a good profit calculator would be good regards About 80 mro per day according to the bot in #monero on irc |
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The developer of Monero is David Latapie, a french "multi forker" (he also developed mintcoin).
Well... no future except pump and dump (I own a bunch of this coin but I'm realist).
He is one developer, there are a few at the moment. No future hey? We get started with a fair launch, lots of interest and the other coins you mention start with insta-mine or pre-mine and yet it's Monero that is the pump and dump? Dude, you're spreading FUD, that is all. |
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What is the difference between monero and bytecoin? Is monero just a fork of bytecoin?
This has been answered many times before in this thread. Then why so important information hasn't been added to the first post so far? Also, please give link or tell briefly about it. This is on almost every page. Bytecoin is the first coin to implement CryptoNote tech. It has a chain 2 years old but was only released a few months ago. 80% of all Bytecoin that will ever exist are in the hands of the Bytecoin developers, the pre-mine is similar in scope to ripple. (Except they are not admitting it and being deceptive) The community did not like this, thus Monero was born. Monero was pre announced and it's chain is the correct age for when it was released. That proves no insta-mine or pre-mine. MRO now has higher hashrate than all other CryptoNote coins combined indicating the community feels this fair launch is just. Also Monero developers have made contribution with speed count, they have made the miners and clients far faster. It's a more efficient, community driven fork of Bytecoin, the development is active and ongoing at great pace. |
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I think the Bitcoin pizza man still has thousands of bitcoin.
I hope Ken liquidates the company and sends what's left our way.
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