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121  Economy / Scam Accusations / Re: rpietila's Crypto Kingdom game is a scam, heavily in debt. Do not deposit funds. on: April 30, 2017, 07:21:34 AM
and has experienced some major stress events in his life recently, including theft of 700k XMR,
He had 700k XMR stolen?  Shocked

How?

Is this the ole..... 'my laptop was tampered with, in a sauna' bullshit, again?
122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: April 24, 2017, 06:26:12 PM

Does 'voter-peg' fit? Or maybe 'velocity-peg'.

Yeah or maybe liquid peg? Moving peg is actually more direct than "rolling peg". Pegging is a word I want to avoid. Despite being an economic term (which is not used so often) now has a bizarre sexual term that seems to dominate google. So from an SEO perspective it would be nice to target a niche keyword that also fits within our target market but also explicitly describes what the currency is doing.

Liquidity-Voting
Vote-Pricing
Dyno-Priced
Smart-Pricing
Stake-Pricing
Smart-Staking


Who are you saying, is the target market?


Well I guess finding the term is tough enough. I'm not entirely sure who we are targeting I was just thinking about seo. Maybe something with freezing or forcing or moving. What words are synonymous with economic pegs?

So the closest term in economics is crawling peg?! Cool term but not explicit for newcomers who won't be able to visualize it
Then, i would say cryptonomic peg.......doesnt say much to newcomers, though.  Undecided
123  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [EON] EXSCUDO - Nextgen Financial Ecosystem | ICO l BOUNTY CAMPAIGN on: April 24, 2017, 03:15:57 PM
Was calculating with the total amount of coins. But ok, 150,720,000 = 30,144BTC = nearly $40M. That puts you around 22nd today on coinmarketcap, amongst coins with years of work behind them.
Same question applies..... please explain your thought process and your justification, when deciding your ICO price/valuation?

Dear stereotype, you might think that our EON coins are somehow connected to the company's valuation. That is quite correct: EON coins are fuel of the system and, in particular, EON Blockchain. So, our ICO considerations are:

  • we want to transfer those 150,72mln EON to the community, launching the blockchain. EON is not a share or a stock-like valuable;
  • we have created a mechanism of unsold EON coins distribution, in order to correct the price of 1 EON by the hand of the market: e.g. you buy X sum of EON, and at the end of our ICO you get additional EON coins proportionally to your X sum of previously purchased coins. This is the way where the investors themselves correct the EON price, but at the same time do not lose their money;
  • As we have already stated in our documents: the more money you invest, the less system commissions you get.

If you have any further questions, we are glad to clarify.
No. I would have typed 'company valuation' if i meant company valuation.

If you sell all the tokens, do you think 22nd place and $40M stated on coinmarketcap, is perfectly justified? Is so, explain why?
124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: April 24, 2017, 02:25:23 PM

Does 'voter-peg' fit? Or maybe 'velocity-peg'.

Yeah or maybe liquid peg? Moving peg is actually more direct than "rolling peg". Pegging is a word I want to avoid. Despite being an economic term (which is not used so often) now has a bizarre sexual term that seems to dominate google. So from an SEO perspective it would be nice to target a niche keyword that also fits within our target market but also explicitly describes what the currency is doing.

Liquidity-Voting
Vote-Pricing
Dyno-Priced
Smart-Pricing
Stake-Pricing
Smart-Staking


Who are you saying, is the target market?
125  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [EON] EXSCUDO - Nextgen Financial Ecosystem | ICO l BOUNTY CAMPAIGN on: April 24, 2017, 02:09:50 PM
I'd really like to understand what the thought process was/is, for pricing an ICO @$60M/48,000BTC.
Tis a shame, cos alot of other metrics of this offering seem to be in place. But this pricing smacks of incredible arrogance, which has completely killed interest for me. Think you guys have just added to the farce of crypto ICO's.

Dear stereotype, we don't know where you got this information from. You might have mistaken 100% of EON emission for the amount, which will be available on ICO (150 720 000 EON). Our objectives are stated in the document "ICO Keypoints Development Plan" published on our site. It contains all the info of how the money will be spent:

For example, if 1 000 - 3 500 BTC is invested:
Formation of a decentralized EON network.
Expansion of the ecosystem products to the second stage.
Expansion of the ecosystem products to the 3rd stage.
Certification of the company as a financial institution in accordance with international
standards.
General marketing and product launch.

If 3 500 - 10 000 BTC is invested:
Increase of the liquidity of the ecosystem in fiat currency to reduce commission and
time delays when working with fiat currencies through our partner banks.
Opening of the company’s operational offices in China, USA, Great Britain.
Local procedures of legal conformity in some countries which will enable us to work
with financial institutions.
And so on, continue to read here.

We just did not want to limit the ICO with artificial boundaries, that's why the current scheme is following: all the EON coins unsold during the ICO will be divided (50%/50%) between a special EON Fund, which will then be a financial source of further EON blockchain development, and our investors. The investors will get the other 50% of unsold EON coins proportionally to the sum they investedin during the ICO.

You may find more details in our Project whitepaper and EON Blockchain Whitepaper.

Was calculating with the total amount of coins. But ok, 150,720,000 = 30,144BTC = nearly $40M. That puts you around 22nd today on coinmarketcap, amongst coins with years of work behind them.

Same question applies..... please explain your thought process and your justification, when deciding your ICO price/valuation?
126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: April 24, 2017, 08:53:04 AM
I actually dont know jack shit abt Bay's coin supply.. can any1 elaborate? cuz for me, 800 sats for a 1B coin supply is just fucked up. I just wanna know what this peg thing is alot of people are talking about...

Yeah I know what you mean, the USD is a supply of infinity (if you are fed reserve) and otherwise countless trillions.

Marketcap matters not supply. What's will all these new profiles repeating the same banter?

The rolling peg allows us to vote on freezing coins and it effects all users equally. Coins then have unique liquidity so each coin would maintain those properties to everyone who receives it.

This allows us to force the price of liquid coins in a dynamic way allowing us to vote on supply constantly throughout the day.

Totally decentralized market peg. Forcing stability at the same time as allowing price growth


Alright so, marketcap is the share price x amount of shares available yes? In that sense, if this rolling peg is doing what I assume it is doing, then the price now is artificially made  to boast a higher coin price. Then as of this moment the price of BAY is overpriced since this price rise is due to artificial supply restriction and not genuine price appreciation through increased market demand. Please correct me if I am horribly wrong since I am actually not here to FUD like a mofo, I just want someone to point me to the proper direction where I can read up on the rolling peg and how important it is to how BAY works. Since liquid/illiquidity does not make sense to me at all atm... an asset is an asset is an asset.

btw, I miss you dzimbeck <3


The point you are missing is the liquid amount changes HOURLY or DAILY. So the idea that there is some "fixed" liquidity emulating a large marketcap is totally not true. The liquid coins can certainly inflate and they would to punish any vicious pumpers who try to take advantage of ultra-cheap pumps. The idea is to force harmony between volume (demand) and price (supply).

The frozen assets are quickly available once the volume increases. So only a low volume coin (might) have a lower effective marketcap. And you would definitely want it that way because you don't want supply to so far beyond demand of the target price!

This is the entire problem with Crypto!! They don't have any way to truly EMULATE larger markets. Forcing stability and consumer confidence.

Also, this is a massive benefit over hard pegs that rely on "trading tricks" and insanely unstable voluntary incentives (like parking) not to say we can't offer "bonds" like parking but this is truly the only decentralized free and fair way to do it.

There can certainly be two asset classes within the same "asset" as you call it because of the way I'm going to have miners analyse the coins being spent. They can force the division of the two by looking at prospective outputs and force you to make change on the ones not leaving your account. Although I've put together a very technical 20 page whitepaper, not yet published so its a lot more complex than I'm letting on.

Thus there are two styles of assets on the same chain. The frozen coins and the liquid ones. The frozen coins can thaw and become liquid quite fast if the volume rises and the price rises based on the communities collective wishes. And they would certainly want to freeze some of the supply if price goes too low and that my friend should increase volume!! Why? Because a person buying liquid coins knows a certain amount will be more valuable by watching the voting rate. If hes long on BitBay he will want this.

Also, once it reaches a stable target price volume again will increase because people know when Bitcoin goes down, they have a stable hedge far superior than the broken Tether!! Yes Tether went below a dollar proving yet again 3rd parties cannot be trusted. So it would be wise for an investor to quickly cash out BTC for BitBay because they can wait in BitBay as they watch BTC decline. And even potentially watch Bays value rise because the peg is "rolling" or "moving" and not fixed.

This dynamic system is exactly the same as how governments do it with the caveat that its decentralized and all users are in control (or an algorithm can handle it too). In my opinion its what Bitcoin should have been. Regardless we shall see soon enough! Fun times ahead.

"Rolling peg" is what I used to describe it. But also "moving peg", "user value protection", "freezing/unfreezing", "inflation/deflation" were some of the names tossed around. Let me know if you can think of other names for this as it's never been done before.

Does 'voter-peg' fit? Or maybe 'velocity-peg'.
127  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [EON] EXSCUDO - Nextgen Financial Ecosystem | ICO l BOUNTY CAMPAIGN on: April 24, 2017, 07:28:26 AM
I'd really like to understand what the thought process was/is, for pricing an ICO @$60M/48,000BTC.
Tis a shame, cos alot of other metrics of this offering seem to be in place. But this pricing smacks of incredible arrogance, which has completely killed interest for me. Think you guys have just added to the farce of crypto ICO's.
128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] VOXELS (VOX) | The Official Coin of Virtual Reality and Voxelus Platform on: April 21, 2017, 07:31:20 AM
Just a thought but if they are converting VOX for equity, there's the liability to the investors? Seems like more hassle and risk than it would be worth for this to be a scam.

Vox is not a scam. It's just a project with poor communication that went downhill at some point. However, if Voxelus makes an effort to be more open with the community (they're admitting they have a problem at least, check out their latest twitter post) and deliver on their promises, I believe VOX has a future.

+100 yes its because lack of communication between developers and investors

-100 no. There are no developers, therefore no development. There is nothing here to invest in, so there are no investors. There is absolutely nothing to communicate of any worth, so communication is meaningless.
Still wanna play with this utter shite?.....be prepared to be played even more, as previous 'investors' have been, for far too long.

 
129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] VOXELS (VOX) | The Official Coin of Virtual Reality and Voxelus Platform on: April 19, 2017, 07:51:37 AM
Michael, Martin: Please arrange someone to copy-paste the essential info about my ownership in this coin in public in this thread, please. I believe the disclosure of my role needs to be made in public since ppl are speculating with incomplete info now.

"Do you know who i am?"

Shame on you, Risto.  Cry
130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Veritaseum's P2P Capital Markets ICO Scheduled for 4/25/17 at Open of NY Markets on: April 17, 2017, 12:41:31 PM
Any redemption details for Veritas.1, 2, and 3 tokens?
131  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think "iamnotback" really has the" Bitcoin killer"? on: April 17, 2017, 07:05:24 AM
My self-delusion meter, just broke!

Whats the online etiquette, when addressing troubled minds? 
132  Economy / Exchanges / Re: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH on: April 10, 2017, 06:59:38 PM
13 days, and still waiting for Kraken's support to deal with my stop order that didnt trigger until 36 hours later, and ~50euros away from stop order.

I think I may have found your request, but if so it already had a reply days ago and if you didn't get that then there is some tech issue that prevented if from being emailed or maybe it landed in your spam folder. Since you refuse to provide the request number, please try logging directly into https://support.kraken.com/hc/ and checking your requests there (under "Kraken User"). If you made multiple requests, some of them may be merged into other requests, so you may have to check a few of them to find the one we replied to.  
Yes i did get an email. Did you read it? The person who wrote it said they weren't able to deal with the issue, and that they will get a 'trade specialist' to look at it. So.....

1314 days, and still waiting for Kraken's support to deal with my stop order that didnt trigger until 36 hours later, and ~50euros away from stop order.

Before you said

12 days, and not even an acknowledgement, of my stop order that didnt trigger until 36 hours later, and ~50euros away from stop order.

which I took to mean that you hadn't received a response from support at all. Unfortunately it looks like we are back to square one, because the ticket I thought must be yours makes no mention of a 'trade specialist'. I'd love to help you, but since you refuse to give me the ticket number, there's nothing more I can do at this point. Hopefully you will hear from us soon and if not I guess you can keep posting updates about how you haven't had the response you expect in X days. But this doesn't really show much except that, yes, it is sometimes possible for a support request to get lost, overlooked, accidentally solved, etc. If 100 days pass and you still haven't heard back from us, it is just one experience out of many many thousands that support has helped in that time and can't be taken as representative at all. Again, I'd love to help you out, but can't do so without the ticket number.
Correct. That was the intention.

So last update.....after 16 days from first sent support ticket, i get 10,000 magic Kraken tokens appear in my account. I should be pleased, i guess. Its about $18 more than you owed me.
But firstly, why cant i be credited back to my account, what you managed to lose, and subsequently, write-off at my expense? Is this what unregulated crypto exchanges are entitled to do?
And secondly, where is the supporting communication? Is it really too much to ask that your, "working fine", ticket system cant handle the common courtesy of telling clients what went wrong and what you are doing to resolve your mistake?
No explanation, no apology, no nada.  
133  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 10 Million USD raised in 90 minutes! [ANN][Qtum]UTXO based POS Smart Contracts on: April 10, 2017, 02:59:58 PM
if Qtum can not be a top5 coin on coinmarketcap by April 9th 2018.

i will give 10BTC to who bet with me.


wanna bet for sure? Im up for it

ok

then we need find an escrow.



Yassin is youre man....
https://bitcointalk.org/index.php?action=profile;u=222847
134  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think "iamnotback" really has the" Bitcoin killer"? on: April 10, 2017, 02:56:53 PM
You are without doubt, a professional psychologist's, wet-dream.

And again more evidence of my expertise.
What is it you would like people to think, when they read how absolutely fabulous you are, Shelby?
135  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think "iamnotback" really has the" Bitcoin killer"? on: April 10, 2017, 08:35:48 AM
It is important for me to clear up the record on the following because I am preparing to blog on a ToE which ties in everything we've been discussing lately.  Shocked

Re: OT crap from Compact Confidential Transactions for Bitcoin

Edit2: Thanks for the move, totally appropriate.

Hitler Gregory had moved it from the original thread where it belonged in context, and he renamed the thread to this adhominen insult name, OT crap from Compact Confidential Transactions for Bitcoin.

What is so ironic is that I think I ended up later potentially solving the proof-of-square requirement (required by the flaw Andrew Poelstra aka andytoshi has discovered) for Compact Confidential Transactions (CCT) when I merged that homomorphic encryption with Cryptonote ring signatures prior to the similar attempt to merge Blockstream's less efficient CT with Cryptonote.

Andrew Poelstra and Gregory Maxwell don't need any defense by me, their records stand on their own, but I'm thinking pointing this out may be helpful to those that aren't familiar with your antics. I'll also point out that most people, especially GMaxwell have been overwhelmingly patient with you.

https://bitcointalk.org/index.php?topic=279249.msg5640949#msg5640949

Lol, you linked to where I had been the first one to point out to Gregory Maxwell, that CoinJoin can always be jammed with DoS because one can't blacklist the attacker because the entire point of CoinJoin is to provide mixing so that an attacker can obscure his UTXO history.

You are so careless that you didn't even realize that was my famous shaming of Gregory. Did you miss the post where I declared "checkmate" then Gregory responded with ad hominem and then by the force of my correct logic he had to STFU.



Lol, again you missed where at the end I showed the math derivation of how to defeat selfish-mining which was the basic idea behind published designs such as GHOST (which I wasn't aware at the time and only became aware of when I read Vitalik's blog).

You linked to a guy who is technologically ignorant and is currently a BU shill.



Yes Gregory did point an error in my conceptualization of Winternitz which I had only become aware of just hours or days before that, and I admitted it. I even went on to write Winternitz code and become quite expert on it, even incorporating Winternitz it into my anti-DDoS conceptualization.

But you failed to cite the other occasions where I put Gregory's foot in his mouth, such as my recent expose on how Bitmain checkmated Blockstream and in 2016 I pointed out that his flawed logic and math on why Ogg shouldn't have index (which was a format in which he was intimately involved as a co-designer of one of the key compression codes!):


And how is not having the index any worse than not allowing an index. I fail to see the logic. Seems you are arguing that the receiving end will expect indexes and not be prepared for the case where indexes are not present. But that is a bug in the receiving end's software then. And in that case, there is no assurance that software would have done the index-less seeking more efficiently for the status quo of not allowing an index. None of this makes sense to me.

Also I don't understand how you calculate 20% increase in file size for adding an index. For example, lets take an average 180 second song consuming roughly 5MB for VBR encoding. Let's assume my users are satisfied with seeking in 1 second increments, so that means means I need at most 180 of 22-bit indices, so that is only 495 bytes which is only a 0.01% increase! On top of that I could even compress those 22-bit indices into relative offsets if I want to shrink it by roughly 75% to 0.0025%.

Ah that reminds me why @stereotype keeps trolling my threads, again, and again and continuing to be habitually incorrect.

You are without doubt, a professional psychologist's, wet-dream.
136  Other / Off-topic / Re: OT crap from Compact Confidential Transactions for Bitcoin on: April 10, 2017, 08:27:34 AM
Edit2: Thanks for the move, totally appropriate.

Hitler Gregory had moved it from the original thread where it belonged in context, and he renamed the thread to this adhominen insult name, OT crap from Compact Confidential Transactions for Bitcoin.

What is so ironic is that I think I ended up later potentially solving the proof-of-square requirement (required by the flaw Andrew Poelstra aka andytoshi has discovered) for Compact Confidential Transactions (CCT) when I merged that homomorphic encryption with Cryptonote ring signatures prior to the similar attempt to merge Blockstream's less efficient CT with Cryptonote.

Andrew Poelstra and Gregory Maxwell don't need any defense by me, their records stand on their own, but I'm thinking pointing this out may be helpful to those that aren't familiar with your antics. I'll also point out that most people, especially GMaxwell have been overwhelmingly patient with you.

https://bitcointalk.org/index.php?topic=279249.msg5640949#msg5640949

Lol, you linked to where I had been the first one to point out to Gregory Maxwell, that CoinJoin can always be jammed with DoS because one can't blacklist the attacker because the entire point of CoinJoin is to provide mixing so that an attacker can obscure his UTXO history.

You are so careless that you didn't even realize that was my famous shaming of Gregory. Did you miss the post where I declared "checkmate" then Gregory responded with ad hominem and then by the force of my correct logic he had to STFU.



Lol, again you missed where at the end I showed the math derivation of how to defeat selfish-mining which was the basic idea behind published designs such as GHOST (which I wasn't aware at the time and only became aware of when I read Vitalik's blog).

You linked to a guy who is technologically ignorant and is currently a BU shill.



Yes Gregory did point an error in my conceptualization of Winternitz which I had only become aware of just hours or days before that, and I admitted it. I even went on to write Winternitz code and become quite expert on it, even incorporating Winternitz it into my anti-DDoS conceptualization.

But you failed to cite the other occasions where I put Gregory's foot in his mouth, such as my recent expose on how Bitmain checkmated Blockstream and in 2016 I pointed out that his flawed logic and math on why Ogg shouldn't have index (which was a format in which he was intimately involved as a co-designer of one of the key compression codes!):


And how is not having the index any worse than not allowing an index. I fail to see the logic. Seems you are arguing that the receiving end will expect indexes and not be prepared for the case where indexes are not present. But that is a bug in the receiving end's software then. And in that case, there is no assurance that software would have done the index-less seeking more efficiently for the status quo of not allowing an index. None of this makes sense to me.

Also I don't understand how you calculate 20% increase in file size for adding an index. For example, lets take an average 180 second song consuming roughly 5MB for VBR encoding. Let's assume my users are satisfied with seeking in 1 second increments, so that means means I need at most 180 of 22-bit indices, so that is only 495 bytes which is only a 0.01% increase! On top of that I could even compress those 22-bit indices into relative offsets if I want to shrink it by roughly 75% to 0.0025%.

Ah that reminds me why @stereotype keeps trolling my threads, again, and again and continuing to be habitually incorrect.

Mate, change those drugs youre currently taking for your TB. If they are not the cause of your desperate ramblings, think about making an appointment with another doctor. Seriously.
137  Alternate cryptocurrencies / Announcements (Altcoins) / Re: AUGMENTORS ICO on: April 07, 2017, 08:41:18 AM
Bounties will be paid out start of May and lastly on start of June. 


Game will hopefully be out a few months after.

I am looking to buy Ultimate and champion tokens.
Best prices paid.

Ive got an Ultimate, but im looking to play with it before it gets sold! Ive got no idea how to price these yet.
138  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2017, 08:31:54 AM
Funny that some people around here are looking into my posts too see if i hodl or doing something else. Market is changing fast, so i have to change with it or got rekt. Anyway looks like my consolidation zone is still kickin lol. When people are looking to my graphs they can see what i mean. Well its time for some more altcoins i guess.

so who da fuk are you  Huh Huh

nobody is looking at nothing from you man, you are nobody. dont get too excited

 Roll Eyes


so tired to reading 99,99999999% crap on this forum

Thats right. The small minority of 00,0000001% thats not saying crap includes me. Lots of people are looking at them like they are nobody. I think that your message doesnt have any added value to this discussion. Go home and get your shinebox. Nobody cares.
Thats probably the point he was making.  Roll Eyes
139  Economy / Scam Accusations / Re: Lauda/TMAN/minifrij extortion attempt on: April 03, 2017, 02:34:39 PM

My conscious is pretty clear,

So, in the same circumstances, you would be comfortable doing the same thing again?
140  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2017, 01:40:28 PM
I have inside news that Gox will open again, they will pay to their old customers what they can when they open, then refill their wallets with the trading fees, like Poloniex did.

They will also accept Litecoin

At last. Been waiting years for this.  Tongue
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