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861  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 16, 2014, 12:13:52 PM
can someone explain why BTC is dropping everyday?

Short answer is no-one knows and everyone has their own theories.

Me, I think it's because the price was unusually stable around $600 for so long a LOT of people were waiting on the sidelines. If it went up people would pile in thinking it's surely the start of another bubble. And if it fell after trying to break the resistance for so long people would panic and doubt the next bubble is happening for a long time.

There's definitely been a large volume of sells the last few days, a bunch of which are just whales panicking. The good news is everytime this happens, it further distributes the coins into stronger hands.

My prediction is the price will hover near where it is for a while as the panic sellers dry up and the price will recover to something like $540, where it will be stable for a while until the next big movement.
862  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 15, 2014, 06:29:42 PM
oi oi... back up to 162  Smiley

Sweet, performing better than btc. And let's not forget there should be a white paper coming soon!

Either today, tomorrow, or Sunday!   Grin

A whitepaper is something XC desperately needs... especially with coins like mammoth and supercoin claiming to soon have the first decentralized trustless anon solution (that uses multisig).

XC has had this already available for over a month.

I agree brother.

I'm of the opinion we are too gentle with the competition.

We should do a thorough competitive analysis of us compared to other anon coins. New investors and people who don't read this forum frequently get lost in the sea of alt coins claiming to be anon/anonexchange!/EM!/trustless and for vast majority of them it's complete bullshit. Excuse my french.

Perhaps we should leave out the more established anon coins e.g. DRK and Monero and focus on the ones that peddle false promises and delayed functionality. I mean I just read the VOOT topic, are they FOR REAL? The topic title is "anon exchange released" and yet 50 pages later still no anon exchange released.

Then there is Mammoth coin spreading lies about Dan's tech, saying it's not trustless when it was trustless as proved by the blockchain since 7/7/2014.

Time to take off the kid gloves I think and come out fighting. Most coins in our position would be bashing all these pretenders... not with FUD but with facts!
863  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 15, 2014, 06:20:54 PM
If it's decided by a weighted vote in accordance with how much XC you own, a rollback would never happen.

Lots of the people who kept funds on the exchange would have taken a big hit to their XC reducing their voting power. And the majority of people who were unaffected (50%+) will never vote for the rollback.

Come From Beyond (NXT dev) tried to be subtle with his phrasing but he was pushing for a rollback imo. But the NXT votes via forging were massively against it. I own >1% of NXT and in my position where I could lose a lot of money, would rather see the price take a hit from panic and the thief dumping, then NXT losing all integrity and going on a death spiral and forever suffering FUD.

This is one reason why I think if we ever implement a voting system, the votes are weighted by the amount of XC you own (disclaimer - I own a lot, but I would honestly advance this viewpoint regardless. The same way I was against the Vericoin rollback and posting my thoughts without owning any).

This should be a decision the devs make, before there is an attack on xc. Having a weighted vote means centralized control over xcurrency. I personally don't want the wealthiest xc investors making decisions that will affect me financially. If people lose they're xc on exchanges they should be on their own.

Really though it's the only way to do it. If XC votes were equal, what's to stop someone with twice as much XC as you splitting his XC in half and voting twice?

A weighted vote is not centralised.

Logically, the more of XC someone owns, the greater say they should have as they are more affected by the voting outcome.

Additionally, if the vote wasn't weighted, the very example we are talking about could see a rollback executed (lots and lots of small fish on a big exchange).

The good news is the consensus in here is not to do a rollback so this XC voting discussion is moot. Perhaps Dan can go on record now and say no rollbacks will happen under any circumstances whilst the source code is closed and under his control. That would stop any future disagreements if Mintpal was hacked (because suddenly a lot of people would say they want a rollback  Wink )

 Smiley

p.s. to anyone new to the topic reading about rollbacks, there has been no XC hacks. It's a hypothetical discussion.
864  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: bter hacked and lost 50m nxt on: August 15, 2014, 06:10:59 PM
Now we will see if NXT is decentralized or not Smiley


rollback = centralized

This ^.

I think it is so funny how coins like Vericoin and now NXT tout themselves as a "DECENTRALIZED" currency. But when a large hack occurs ... "oops can we just roll back the chain this one time?"

lol

If you do your research you'll see the Vericoin rollback was simply decided by the Vericoin devs by themselves. Whereas NXT allowed the outcome to be decided via voting with your NXT (seems decentralised to me). And overwhelming the votes are in favour of no rollback, which is being respected.
865  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 15, 2014, 06:01:58 PM
If it's decided by a weighted vote in accordance with how much XC you own, a rollback would never happen.

Lots of the people who kept funds on the exchange would have taken a big hit to their XC reducing their voting power. And the majority of people who were unaffected (50%+) will never vote for the rollback.

Come From Beyond (NXT dev) tried to be subtle with his phrasing but he was pushing for a rollback imo. But the NXT votes via forging were massively against it. I own >1% of NXT and in my position where I could lose a lot of money, would rather see the price take a hit from panic and the thief dumping, then NXT losing all integrity and going on a death spiral and forever suffering FUD.

This is one reason why I think if we ever implement a voting system, the votes are weighted by the amount of XC you own (disclaimer - I own a lot, but I would honestly advance this viewpoint regardless. The same way I was against the Vericoin rollback and posting my thoughts without owning any).
866  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 15, 2014, 05:46:08 PM
Damn, it's awfully quiet in here and on the exchange. A friend I recently convinced about XC wants to buy 25 btc worth of XC. Anyone willing to sell otc? Please PM me.

Here's an idea:

- every so often, some of us will want to sell XC to pay salaries, rent, etc.

- why don't we post the amount and asking price here and see if there are any takers?

- if there's a deal, trades can take place on Mintpal, which will keep the volume up.

- and the community will understand the reason for selling rather than being perturbed/outraged at the stupidity of sellers.



P.S. This was Bisky's idea. Thanks Bisky!

P.P.S. This would only make sense to those who want to see the price head upwards but still need to sell some XC.

Sounds like a great idea. But, shouldn't this be done on a separate sub-thread? I mean, XC trade thread could deal with whatever people want to exchange.

Possibly...

But that would remove one of its advantages, which is to let community members know what the selling is for.

I reckon that sell offers should be posted publicly, negotiated privately, and then final agreements to trade posted publicly.

After that the community can sit back and watch the trade take place on Bitcoinwisdom.




For a coin that is based on privacy, this discussion seems a bit odd to me.

Why should I disclose to the community that I am selling some XC?  What about buying XC, should we make that public too?  Or is it just to calm the ones that freak out when the price goes down?

Why try and centralize the trading of a decentralized currency? I'm confused.  Huh



XC is intentionally designed to be optionally private. XC was never envisioned as being 100% private for all transactions, there are many legitimate use cases where a user won't want to turn on privacy. They key thing is XC empowers the user with the choice.
867  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | Multipool | Coinkite | WSJ | BlackHalo on: August 13, 2014, 10:20:32 PM
In this Bearish BTC environment it's all about survival.

The effects of BTC are always magnified on alt coins. If BTC takes a 10% tumble, alt coins drop a ton. If BTC goes up 100%, alt coins start tripling or quadrupling.

I think BC is one of the few safe harbours in alt coin land at the moment. Anyone selling now is either selling a loss (stupid panic) or is a really early holder who somehow has not sold much since the start (not many).

I'm feeling optimistic. BC has good brand recognition and lots of articles out there all over the internet. This will bring in a trickle of new investors over time, that can easily become a flood once we get momentum.

Blackhalo is undervalued, POS 2.0 hasn't gotten the recognition it deserves, there's tons of projects being worked on e.g. consis, things to look forward too like bittrex BC market pairing... BC is a dark horse and is undervalued right now.

Good to see you in this thread again Smiley

I never left, I was lurking  Cool
868  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | Multipool | Coinkite | WSJ | BlackHalo on: August 13, 2014, 09:26:53 PM
In this Bearish BTC environment it's all about survival.

The effects of BTC are always magnified on alt coins. If BTC takes a 10% tumble, alt coins drop a ton. If BTC goes up 100%, alt coins start tripling or quadrupling.

I think BC is one of the few safe harbours in alt coin land at the moment. Anyone selling now is either selling a loss (stupid panic) or is a really early holder who somehow has not sold much since the start (not many).

I'm feeling optimistic. BC has good brand recognition and lots of articles out there all over the internet. This will bring in a trickle of new investors over time, that can easily become a flood once we get momentum.

Blackhalo is undervalued, POS 2.0 hasn't gotten the recognition it deserves, there's tons of projects being worked on e.g. consis, things to look forward too like bittrex BC market pairing... BC is a dark horse and is undervalued right now.
869  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 11, 2014, 09:30:01 PM
Still building nicely, the bigger the base and all that... Pookie, if you are back please just don't act like a prat.

Just read the write up above, wow that's really nice.. Love this coin... Although I am getting more and more tempted every day to say platform...

In a sea of red we r green, alts will be back very soon, and when they are XC will lead

Exactly. All the serious alts have shit the bed over the past few days *except* XC. 

+1. XC is one of the safest bets in crypto right now.
870  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 11, 2014, 09:28:26 PM
XCurrency mentioned in BitLicense Petition article...

“One of my greatest fears is that it will actually force innovations around regulation. This means it will drive innovation to a BitLicense-created illicit market. It is so poorly thought out that it creates an incentive for underground and black market technology innovation where only illicit actors will gain and be at the forefront of innovation. We already see the market pivoting in this direction from a proposal alone. Today the most popular Alt currencies (alternative to bitcoin that uses the same protocol) that are skyrocketing are those catering to such innovation. XC (XCurrency), Cloakcoin, Darkcoin and many more are already perfecting anonymity beyond bitcoin’s core. For instance, every XC wallet is itself an Xnode, a peer computer that scrambles the path of delivery and origin of sender. Since it is proof of stake there are no miners just wallets all working in unison to obfuscate transactions, messaging for communications; a positive for personal privacy, and many other untraceable capabilities. A good thing today because law-bidding citizen can benefit from these innovations and since it is open source even authorities can understand its inner workings.”

http://www.ihavebitcoins.com/featured/dear-new-york-state-dont-kill-bitcoin-love-open-source-financial-developers-association/

Huge...  XC is recognized as the leader in privacy.

Nice legendary status btw Smiley

Cloakcoin should not even be mentioned in the same sentence as XC and DRK. It's current tech is way behind XC and DRK and everything else is just promises at this point. It shows how effective the Cloak cheerleaders have been to get it this recognition.
871  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 10, 2014, 08:32:32 PM

Good work.  Smiley
872  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 09, 2014, 07:30:20 PM

Nice.
873  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 09, 2014, 07:28:52 PM


Just how trustless is this?

It's trustless in the sense that bad actors cannot steal funds i.e. XC sent via anonymous transfer which passes through malicious nodes cannot be stolen. This is due to signatures.
874  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 09, 2014, 07:27:28 PM

Why do you keep spamming the topic?

Fixed.

I keep posting because people keep harassing me and I have every right to post here considering I still will have some holdings. So no, not going away. Smiley

You are posting the same information over and over a.k.a spam. You don't have a right to do that.

Your "concern" has been addressed today by Dan the developer who said he is still looking it. By the pr man Synch. And by numerous community members.

875  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 09, 2014, 07:21:56 PM
Thank you for being respectful.

I'm having trouble with my Microsoft Windows software, and Bill Gates doesn't personally troubleshoot it with me..

Conclusion: Windows is broken and Microsoft doesn't care... So I'm going to sell all of my Microsoft stock, and tell the whole world about it.

This is what you sound like. If you make investment decisions based on this logic, I feel sorry for you. Majority of issues are a result of user error. All of XC's privacy features are working for me. Ever stop to think the issue is on your end?

And even if the issue is not on your end, we are still in a beta phase. Please stop thinking the world revolves around you and Dan needs to stop everything he's doing to help you.  Consider yourself fortune that Dan even responds to such a self-entitled prick.

XC's privacy features work. End of story.

Cool story bro. If it was easy then Dan on multiple occasions would have found the problem. Strange, still doesn't work. Dan didn't seek me out, I messaged him asking if he could remote my PC, he said sure and we arranged times multiple times. He very well could have turned it down but opted to.

XC's privacy features don't work. End of story.

You're in an extreme minority, having issues with the anon transfer. It works for me and the vast majority of people perfectly.

What you mean to say, is the privacy features don't work FOR YOU.

I'm sure Dan will fix it when he is able to.

Why do you keep spamming the topic?
876  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 09, 2014, 07:18:34 PM
Thank you for being respectful.

Lol because you're been so respectful, right?
877  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 09, 2014, 06:21:20 PM
Oblox, what's your agenda?

You know full well that Privacy Mode is a Rev 2 thing, that XC's doing XChat now, and that we'll be finishing off Privacy Mode with the final Rev 2 update LATER.

So why do you persist with this?

For heaven's sake.






My agenda is that Dan said he was going to help and continues to push it off. He agreed with all the times to troubleshoot. I'm merely giving updates that so far nothing has worked and I'm getting excuse after excuse. If someone is to ask me if XC works, my only answer to give is no, no it does not. I have yet to see these private transfers work. I'll make it a point to continue sharing my experience whenever someone mentions XC as 100% working or the only trustless anon working at the moment. At this point I have moved the majority of my coins to MP and have started liquidating. I'll continue selling into any sort of momentum as a means of exiting the majority of my holdings but leaving some incase something magical happens down the pipeline. I have no desire to crush price, but there will be stalling of upward price action until I get through my coins.

This isn't a threat or an intimidation play but rather the end result of the continued bullshit I am getting here and the backlash from a community that is suppose to be "good to each other" as stated as the first guideline in the OP.

The way I understand it is, there is a MINORITY of people who have a problem using anon transfers. Out of all the people who post in this topic I've only seen it mentioned a couple of times EVER. I believe Dan said it's due to some ISP issue but don't quote me on that.

Dan has to weigh up how best to allocate his development resources. Synch has told you what Dan is focusing on right now. If all you are going to do is continue spamming the topic with the same information you are trolling.

And fyi you write like someone trying to cause as much disturbance as possible, not someone who is genuine.
878  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 09, 2014, 06:17:13 PM


Hurvinex = Oblox?
879  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 09, 2014, 05:51:34 PM
Still haven't heard back from Dan. Started testing at 5 on time but he said he needed 3 hours for a debug build. Messaged him through XChat and on here, nothing. 17 hours later, still waiting. This is getting ridiculous. If you say you're going to help or do something, do it. It's not that difficult. At the very least, let me know so I'm not wasting my Friday night waiting around for someone who didn't show.


Holy crap oblox u are starting to get really annoying. Quit it will ya'. You're starting to sound like a my 6 yr old daughter crap.

btw: how is drk goin' for ya. You seem to be quite active in that forum. Hmmmmmm.

Yeah I'm sure it's no surprise that the person who is complaining the loudest (in fact the only one I have seen complaining about this) is a DRK holder  Roll Eyes
880  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos on: August 08, 2014, 05:56:46 PM

[snip]


Will you stop childishly spamming the topic. Your grievance with Jasin has been responded to already.

And obviously, since it was posted publicly in the forums, Jasin made no secret that he would accept ASICs for cache. So I don't know why you declare it like you're some kind of super sleuth who's found a shocking revelation.

Bye.

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