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Local / Altcoins (Français) / Re: Pendant ce temps-là, chez NXT...
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on: January 02, 2015, 10:05:45 PM
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Est-ce qu'il y aurait des personnes intéressés à intégrer une "French team" ? Vu que je pourrais me retrouver à la tête de l'UFE Estonie et que NxT me taraude toujours un peu, ça pourrait m'intéresser. Même si j'ai besoin d'une remise à niveau sur NxT, c'est encore plus compliqué qu'HyperStake ! Puisqu'on parle de financer des startups, l'Estonie a de très méchants avantages fiscaux pour les entreprises transnationales. Moi, je dis ça, je dis rien... C'est quoi UFE Estonie? C'était bien ton voyage en Roumanie? Estonie, pas Roumanie. UFE = Union des français de l'étranger Ah d'accord C'est quoi les gros avantages fiscaux labas? Faible taxation des entreprises Estonian resident companies and permanent establishments of the foreign entities (including branches) are subject to income tax only in respect of all distributed profits (both actual and deemed)
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6
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on: January 02, 2015, 09:56:32 PM
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This is precisely why Monero exists, to be actual virtual cash.
What you just suggested, however, is that Monero is nothing close to virtual cash. You're effectively saying it only behaves like cash if I use it within the legal boundaries of whatever corrupt jurisdiction I happen to be transacting in. If governments wanted to shut down Monero tomorrow they could by computational attacks or by intimidation. Monero has bigger reasons for existing than to simply help you buy things online that are illegal.
Actual cash behaves like cash regardless of how I use it. Cash can be made illegal very easily. It suffices to change banknotes and coins - something that is done routinely for decades, by the way. So Monero IS like cash. Like cash, a decision to make it illegal can damage it. If you want something impervious to legal action, look for comodity money (actual like, not precious metals which do not have true real life use) or more likely for bartering (cigarette works wonders when SHTF). Update: now that I think of it, bartering could be made illegal too.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption extended[Updates&Discussion]
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on: January 02, 2015, 09:38:13 PM
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Closing in on a year. What's up with this? Well you know - Just too many lazy stakeholders (don't mean you or anytone in particular) that didn't feel like testing during the alpha which is why we had more bugs than expected during beta which is why implementation of multi-sig is taking longer. That's whats up. Patmast3r please don't feel disillusioned by the tone of this thread. Myself and the majority of silent stakeholders / NEM hodlers fully support your work and understand how much work it is to actually code a new cryptocurrency from scratch. I myself am so busy with XMR and HYP that I cannot spend half the time I'd like to with NEM. I would take advantage of the opportunity to mention that patmast3r had been VERY helpful to me for claiming my NEMstake, more than most people I know in crypto. Kudos to patmast3r. Also, by experience, users testing prior to release are not worth much. Testers simply don't test enough. I suppose there are some industrial-grade process (kind of ITIL or COBIT but for testing) but nothing usable with decentralised open-source project not backed-up by full-time employees.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: Atrides' Freebazaar for Monero donation pledge
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on: January 02, 2015, 07:07:03 PM
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smooth (if I remember correctly) indicated that he has donated unconditionally. I have donated 2000 xmr unconditionally. Thanks. Updated. Were these amounts already sent? Which address?
Don't worry, there is no other anon coin with a better position in this battle to succeed Bitcoin as preferred DarkMarket coin and Monero already has a very good standing/reputation in the mind of important and influental in the DM scene. I want to believe you but it would be easier if you could source your claims. Any link?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HYP] HyperStake | 750% PoS | Most Advanced Coin Control Wallet | 6 Themes
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on: January 02, 2015, 06:41:45 PM
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3) newcomers will be able to accumulate for cheap as well, meaning that they can setup a pretty basic portfolio of HYP, size it correctly, and be sure to see some stakes roll in in a couple weeks. It doesn't work that way. You look at the price chart, you see it constantly falling, you move to next coin. You don't even look at the actual price or the technology (except maybe if your name is Namecoin). Case study: Novacoin. Most newcomers will run away instantly, no matter your arguments:
The largest exchange by volume only has ~1% of total supply on the sell side. So I'd say a lot of the coins are staking and only a small percentage ~5% or less are on exchanges and available on the open market. Which means a lot of people will dump as soon as a semblance of rise appears. Granted, given enough time, those dumps will become rarer and, since we will continue to develop the coin (backlog is pretty large), this will lead to something. I'm starting to consider that the size of the interest only impacts how long it will take for the price to stabilize. Which would mean that the higher the interest rate, the longer it takes to make profit (barring the mandatory pump and dump), so the larger the distribution and the more patient a holder must be. All other thing being equal. So this 750% would have teach us something (which was the point).
All due respect the HYP crew has said this is an 'experiment' in hyper inflationary economics. If the investor can grasp that idea then it looks like in the long run HYP is to produce a fairly good coin with a solid/smart community. Defintiely, long run. The only thing that could be worrysome is a decrease of difficulty/number of coin staking, because it would mean more coins to sell every day.
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Alternate cryptocurrencies / Announcements (Altcoins) / Atrides' Freebazaar backers list
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on: January 02, 2015, 06:29:45 PM
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Atrides' Freebazaar for Monero donation pledgeUnconditionalTotal = 4200 XMR Condition: bounty-style (to be developped)Total = 920 XMR Grand total = 5 120 XMR Escrow- smooth (TheKoziTwo, David Latapie, Atrides)
- lyth0s
Proposed timeline1. Decide whether FreeBazaar will fork from OpenBazaar or will start from scratch (to be discussed with both FreeBazaar donators and OpenBazaar developpers) 2. Analyse OpenBazaar's source code 3. Develop a reliable monero escrow system without multisig 4. Develop an API for integration with Monero wallets (including if possible mymonero)
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: Off-topic - Business opportunities in Estonia
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on: January 02, 2015, 10:03:59 AM
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You've forgot to mention the climate. Burn all your summer clothes if you decide to move, you wont need them... Climate has not much to with economy (except for tourism, of course). Summertime in Estonia is like springtime in France. Wintertime is OK as long as it snows (higher albedo leads to more light) and the temperature, you just get used to it. From my experience (confirmed by Estonians), autumn is the wors moment: no sun + no snow.
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Alternate cryptocurrencies / Announcements (Altcoins) / Off-topic - Business opportunities in Estonia
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on: January 02, 2015, 09:50:15 AM
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Are there any good business reasons for living in Estonia? And to keep my question on-topic, are there any good reasons why members of the Monero community might consider Estonia as a place to do business? e-residency. Almost no company tax. You do not need to physically be in Estonia. Read this https://e-estonia.com/e-residents/e-residency/ or contact me as I can help you in making it a reality (some XMR holders are already interested). Also, Estonia is predicted to have the lowers debt of all the European Union in some years (2% if my memory serves me well). Then; we all know what happens of predictions, but still. Estonia also has the world's first nationwide electric vehicle charging network and the world's first nationwide 4G-LTE network. In Estonia, you have the rare "concern" of having to check if your smartphone is fast enough for your network connection and not the other way around - [ur=https://www.emt.ee/en/era/internet-telefonisl]20 Gb of data at 300 Mbps for 30 euros a month[/url] would require no less than a cat6 LTE smartphone to take advantage of the network. The only downside is environmental: Estonia is also the world's biggest user of oil shale in percentage: 90% of its electricity comes from carbon-heavy oil shale. On the plus side, it means electricity is cheap.
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