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501  Alternate cryptocurrencies / Altcoin Discussion / Re: Merged mining for Ixcoin on: October 19, 2011, 10:09:10 PM
If mining is required to protect the network, I think you should have mandatory mining in the client.

I don't even know where to start...

That's probably worse idea than coin taxes. There, I said it. There can be worse ideas than taxing miners in favor of third party.

Also, x-flation is irrelevant as far as utility of a cc as way of transferring value tokens is concerned

In California we pay close to a 10% sales taxes.  A crypto-currency could have a 5% sales tax (transactions) and delete 100% of them.  They could also give 75% to miners and 25% to deletion.
502  Alternate cryptocurrencies / Altcoin Discussion / Re: Merged mining for Ixcoin on: October 19, 2011, 09:38:31 PM
If mining is required to protect the network, I think you should have mandatory mining in the client.
503  Alternate cryptocurrencies / Altcoin Discussion / Re: Merged mining for Ixcoin on: October 19, 2011, 09:18:43 PM
Merged mining will probably get new users into ixc so it might increase interest and thus value.  Locust/BCEx eventually for most coins mining is going to cease anyways.  In 2015 mining is going to seize for ixcoin anyways.  And in 2030 all mining will cease for bitcoin.  

Mining will not cease.

Subsidies will.

With all due respect, learn the distinction, and then we shall proceed to discuss the optimal way to build a deflationcoin

subsidies? the added 50 25 12.5?  It will be a decade before btc becomes useful, in the meantime your puppy will die of old age.  

So would it be ok to end the 96 subsidies and allow the miners to keep the transaction fees?
504  Alternate cryptocurrencies / Altcoin Discussion / Re: Merged mining for Ixcoin on: October 19, 2011, 06:39:01 PM
Merged mining will probably get new users into ixc so it might increase interest and thus value.  Locust/BCEx eventually for most coins mining is going to cease anyways.  In 2015 mining is going to seize for ixcoin anyways.  And in 2030 all mining will cease for bitcoin.  We could cease mining, and only have transaction fees minus 10% which are destroyed.  Thus, you will get something for mining.  Why mine a worthless coin?  If there was a way to automatically mine when you open the client, thus people would keep the client open to get a tiny bits of coin that come from transactions.  Early versions of bitcoin had a miner built in, maybe set the default to mine automatically?

http://www.youtube.com/watch?v=6nJYN94m2pw
505  Alternate cryptocurrencies / Altcoin Discussion / Re: Merged mining for Ixcoin on: October 19, 2011, 05:45:21 AM
Huh Stop mining?  That would stop the currency.... and make it all worthless... I don't understand what that accomplishes?

Mining offers no value to the currency.  Bitcoin at price of 5 has to come up with $1500 every hour to keep it from collapsing.  Yes, eventually it will reach 1% inflation in 15 years.  Mining makes the currency go down!  way down! 

I am running the ixcoin graphic bounty.  I would love to change the name to "The Worlds 1st Deflationary Currency" graphics ad bounty.

I think we should do anything to make the currency go up.  Maybe offer bounty for BCE to fix holes. Merged mining, end mining! or sleeping with the fed reserves daughter.

Search deflation on youtube or in the economics section.

what accomplishs this
total number of $ = M
k = constant
value of a dollar = k (M/person)
value of dollar = kM/person

If you double amount of currency, the value of the currency will halve.


506  Alternate cryptocurrencies / Altcoin Discussion / Re: Clear out your IXCoin Wallets on: October 19, 2011, 03:25:09 AM
xgw5PBGkUAraVYn2AcvNwW63XLB7Gn3yfB

If you send to top address send 25% here and I will add to graphics bounty.

Nothing like leeching on other threads rather than starting your own, eh?

Then you can send all to the bounty and send you nothing.  I am willing to buy 100,000 for a BTC.
507  Alternate cryptocurrencies / Altcoin Discussion / Re: Merged mining for Ixcoin on: October 19, 2011, 03:23:33 AM
I don't care about merged mining, but why not if easy.  What I would really like to see is all mining stop after block 50,000 to create the worlds 1st deflationary currency.  There is a danger if a large merged mining pool say 100 Gh decides to drop ixcoin, you might be wait 6 months to get 144 blocks.
508  Other / MultiBit / Re: MultiBit on: October 19, 2011, 03:13:53 AM
This is great, how does it compress the block chain.  Does it use someone else's block chain?  This is great it is so small and fast, but I wonder in laymans terms how it works?   I wonder if it protects the network?  Is it just a online wallet disguised as a client?
509  Bitcoin / Bitcoin Discussion / Re: Mass panic buy when reaches $1? on: October 19, 2011, 03:07:22 AM
I would sell at 1 to buy 10000 in another currency.
510  Alternate cryptocurrencies / Altcoin Discussion / Re: Clear out your IXCoin Wallets on: October 18, 2011, 08:34:51 AM
xgw5PBGkUAraVYn2AcvNwW63XLB7Gn3yfB

If you send to top address send 25% here and I will add to graphics bounty.
511  Alternate cryptocurrencies / Altcoin Discussion / Re: BCX Statement (confirmed) on: October 15, 2011, 05:53:15 AM
I mined from difficulty 1 to difficulty 15000, and lots of shares and no blocks.  Either way that is bs.
512  Alternate cryptocurrencies / Altcoin Discussion / deflation coin on: October 15, 2011, 05:21:49 AM
1) 50,000,000 pre-mined
2) sell order 500,000 for 1 btc
3) buy order 500,000 for 1 btc
4) 2% transaction fee.  1% deleted, 1% to miners.  Thus a sale of 300 DC would result in 3 DC Being deleted with 3 DC going to miners.
5) minimum fee 0.01, auto-adjusting
6) merged mining
7) 1 mining reward
8 ) #1-#3 can be removed if we split and use the blockchain of an existing coin.
513  Alternate cryptocurrencies / Altcoin Discussion / nodecoin on: October 11, 2011, 08:47:56 PM
After pre-mining 10,000,000, give out a coin/nodes every 3 minutes to someone connected to a node.  Ending the mining fraud.  Started mining solidcoin with 50 kH/s from difficulty 1 and no blocks or coins.  Sure they all went to insiders.
514  Alternate cryptocurrencies / Altcoin Discussion / Re: GEM - as a potential stable value currency on: October 11, 2011, 08:43:01 PM
I don't like any currency that involves mining.  Especially with my sour grapes of mining solidcoin for the 1st 8 hours with 50 KH/s and getting nothing but shares.
515  Alternate cryptocurrencies / Altcoin Discussion / Re: SolidCoin 2 Release - Monday 10th October 23:35 UTC on: October 10, 2011, 12:57:05 AM
I was trying to download the client to prepare.  I was wondering is it the same as the last beta client?  I went to the main page solidcoin.info.  If you click the link to download the client you get nothing?  I then downloaded the last beta and it looks awesome and seems to be awesome.   However, it still seems to use testnet folder and a new block chain.  So when will solidcoin 2.0 final be released?
516  Alternate cryptocurrencies / Altcoin Discussion / Re: Alternate Cryptocurrencies Rewiew on: October 09, 2011, 04:45:21 PM
Bitcoin - scam don't touch
Tenebrix -Scam
Geistgeld - Scam
Namecoin - good
Ixcoin - king of them all.  
Solidcoin - best

There is a theory I heard on the channel, bitcoin is attempting to destroy all alt currencies.  By taking down exchanges, taking down mining pools, or just issuing new coins with tons of pre-mined to sell into the market before taking the exchanges down.  

disclosure: 7000 ixc
150 sc
300 tbx
100 nmc
and 15 btc.
517  Alternate cryptocurrencies / Altcoin Discussion / ixcoin king of them all on: October 05, 2011, 12:20:41 AM
1. Small blockchain - bitcoin out
2. 5,000,000+ pre-mined coins - Tenebrix and geistgeld out
3. Already crashed - fairbrix out
4. Horrible Difficulty algorithm - namecoin out

Seem the only one left is ixcoin until solidcoin comes out and replaces them all!

We need a new exchange.
518  Alternate cryptocurrencies / Altcoin Discussion / Re: Friendcoins.... on: October 04, 2011, 06:10:40 PM
I started a minersareidiots thread.  Your thread sounds more pleasant.  You are correct they all should be premined.
519  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin block explorer on: September 27, 2011, 01:07:55 AM
Tenebrix and GeistGeld supposedly premined 8 million?  I am still trying to figure out if these are one big troll currenies.   Iocoin, was a get back at ixcoin.  Tenebrix did make a client, so he might just be having fun, but has no details on the amount that will be made. 

So there might only be

ixcoin
solidcoin
namecoin
bitcoin
520  Alternate cryptocurrencies / Altcoin Discussion / Re: Geist geld, first two blocks contains 7769999+7769 coins generated on: September 27, 2011, 12:28:58 AM
Tenebrix Protection Fund will go... That, usability/gui bounties, fixes and my dream of starting up a massive coin laundering "Historical Cryptocurrency Collector" Service.

So you state there is a fund, but how many coins does it have?

How many in brix to the nearest 1000?



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