I'll offer 303!
Do you pay in AM100 shares, as well? Why would we go using shares as currency, when we have TWO great currencies now?! I would be willing to sell ATC for AM100. If the price is right... :-) I would buy 2500 ATC for 1 AM100 or 24000 ATC for 10 AM100. Payment to 1ALTCoiN8apVmL84WZzKWHwmyR9ZUDMpyN. Whoever first posts valid txid of this payment, can post valid email to which I will transfer AM100 shares. |
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I'll offer 303!
Do you pay in AM100 shares, as well? Why would we go using shares as currency, when we have TWO great currencies now?! I would be willing to sell ATC for AM100. If the price is right... :-) |
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Sometimes its the devil trying to kill people, when they are thinking of killing themselves.
You might consider getting help from a priest.
I remember how the devil tried to get me to throw myself off of a high bridge into a swift moving river one time,
many years ago. I just barely survived, and I did not jump off the bridge.
but I wound up going to a christian priest at the salvation army, that very day.
The priest did not really seem to know what to do.
But the priest asked me if I wanted to receive Jesus, and Jesus could help me.
I said ok.
Then the priest annointed my head with oil, and he prayed that Jesus would help me, and become
my lord and savior. He gave me a holy bible to read.
And I received Jesus Christ as my Lord and Savior. I then got help from Jesus after that,
to help with rebuking the devil.
I used to read psalm 91 out loud repetitively, asking for Gods protection.
And sometimes its the God trying to kill people. (For every element of empty set every proposition is true.) |
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A small thing but... an audible notification when bitcoins are being received be nice feature.
With a possibility to switch it on/off of course :-). |
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I would buy 1000 ALT for 0.1 LTC. But there is problem how to independently verify transaction in Altcoin network without ALT-blockchain explorer.
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One key aspect worth noting is that, up until the advent of virtual currencies, one large edge of inflationary over deflationary policies is the fundamental limit to how small your currency can be functionally made for transfer.
The indefinite divisibility of bitcoin completely bypasses this incentivizing increasing monetary velocity as a result.
Bitcoin is not and never will be infinitely* divisible. Amount 0.00000001 BTC is currently the smallest unit. Value is currently expressed by 8byte (64bit) number of this units. This means there is space for 18 446 744 073 709 551 616 units. Considering maximum 21M coins, smallest unit would be ~1.14E-12 BTC. Effectively this means space for adding additional 3 decimal places up to 1E-11 BTC without change of data field. We can estimate gross domestic product of planet Earth to be less than 1E14 USD (about 0.83E14 in 2012). If all the world economy was converted to bitcoins then 1 Satoshi would be worth 4.762 cents in current USD. This is too much for micropayments. Above mentioned "smallest unit" would be worth thousand times less. I consider this to be adequate (for the planetary phase of human evolution) :-]. * - not infinitely divisible. But division up to the number of atoms in the observed universe would be no problem. Still long shot to infinity. And to correctly write down this number would require even more atoms (let alone making a transaction or handling it in some way, lol)... You can write this number (its lower and higher estimate) quite easily. But you can not write all numbers from 1 to this number (without exhausting matter and energy in the universe). I specifically mentioned 'correctly' which, I guess, is something different from the number's lower and higher estimates. The number of atoms in the universe is about 10^80 (if I'm not mistaken), so that to completely (read exactly) write down an arbitrary number with such division you would need about 10^80 digits, right? It depends on the base  . I can write number 1234 using only 4 digits in base 10. I do not need 1234 digits. to completely (read exactly) write down an arbitrary number with such division you would need about... 80 digits. Right? However there is a problem that the number of atoms changes constantly. (eg. by creation [meaning anti-anihilation] or by [products of] nuclear reactions). My original argument was meant that even if Bitcoin were divisible to 10^100 parts it would be quite possible to use it with current computers by using 333-bit integral representation of the value counted in some "Quarkhoshis". |
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One key aspect worth noting is that, up until the advent of virtual currencies, one large edge of inflationary over deflationary policies is the fundamental limit to how small your currency can be functionally made for transfer.
The indefinite divisibility of bitcoin completely bypasses this incentivizing increasing monetary velocity as a result.
Bitcoin is not and never will be infinitely* divisible. Amount 0.00000001 BTC is currently the smallest unit. Value is currently expressed by 8byte (64bit) number of this units. This means there is space for 18 446 744 073 709 551 616 units. Considering maximum 21M coins, smallest unit would be ~1.14E-12 BTC. Effectively this means space for adding additional 3 decimal places up to 1E-11 BTC without change of data field. We can estimate gross domestic product of planet Earth to be less than 1E14 USD (about 0.83E14 in 2012). If all the world economy was converted to bitcoins then 1 Satoshi would be worth 4.762 cents in current USD. This is too much for micropayments. Above mentioned "smallest unit" would be worth thousand times less. I consider this to be adequate (for the planetary phase of human evolution) :-]. * - not infinitely divisible. But division up to the number of atoms in the observed universe would be no problem. Still long shot to infinity. And to correctly write down this number would require even more atoms (let alone making a transaction or handling it in some way, lol)... You can write this number (its lower and higher estimate) quite easily. But you can not write all numbers from 1 to this number (without exhausting matter and energy in the universe). |
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mě tuhle pobavila média, jak psali o exekutorech, když jsem si pomyslel, že veškeré mění budou mít lidi v kryptoměnách  (proto je lepší brainwallet, co má Nxt, neboť počítač s wallet.dat můžou ještě zabavit Ano, proto je lepší brainwallet, což má ovšem nejen Nxt, ale i jiné krytoměny i Bitcoin. Soubor wallet.dat lze také zašifrovat (jak v samotném bitcoin-qt), tak jej mít třeba na zašifrovaném disku. O klientech jako Armory, deterministickém genrování klíčů podle BIP38, Trezoru, ani nemluvě. Tím neříkám, že Nxt nemůže mít nějaké jiné výhody oproti BTC. |
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One key aspect worth noting is that, up until the advent of virtual currencies, one large edge of inflationary over deflationary policies is the fundamental limit to how small your currency can be functionally made for transfer.
The indefinite divisibility of bitcoin completely bypasses this incentivizing increasing monetary velocity as a result.
Bitcoin is not and never will be infinitely* divisible. Amount 0.00000001 BTC is currently the smallest unit. Value is currently expressed by 8byte (64bit) number of this units. This means there is space for 18 446 744 073 709 551 616 units. Considering maximum 21M coins, smallest unit would be ~1.14E-12 BTC. Effectively this means space for adding additional 3 decimal places up to 1E-11 BTC without change of data field. We can estimate gross domestic product of planet Earth to be less than 1E14 USD (about 0.83E14 in 2012). If all the world economy was converted to bitcoins then 1 Satoshi would be worth 4.762 cents in current USD. This is too much for micropayments. Above mentioned "smallest unit" would be worth thousand times less. I consider this to be adequate (for the planetary phase of human evolution) :-]. * - not infinitely divisible. But division up to the number of atoms in the observed universe would be no problem. Still long shot to infinity. |
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Ty "deflační" měny jsou těžce inflační, protože cílového počtu coinů dosahují v nekonečnu a pokud je milion coinů první rok vytěžen za 10 centů a dalších i kdyby jen 100.000 druhý rok za 1 dolar, tak míra "deflace" je mínus sto procent (inflace 100 procent).
V říjnu byla nejlepší investice prakticky jakýkoli altcoin.
V listopadu byla nejlepší investice grafická karta.
V prosinci taky a těžit. A doufat, že se trefíte do nějakého, co půjde nahoru.
Začátkem ledna nejlepší investice bylo nedělat nic a skupovat coiny, co stály pod 1 satoshi. (trh klesal)
Nyní je nejlepší investice asi opět grafická karta.
V každé době nejlepší investice je předbíhání ve frontě (včas zachytit trend než na to naskáčou další a udělají vám profit). Altcoiny nejsou nic jiného než jedna velká snaha o obrovské předbíhání celého světa.
Deflace a inflace může být buď peněžní (množství měnové zásoby) nebo cenová (ceny vyjádřené v dané měně). Co se týče peněžní zásoby, ta skutečně roste (přibývání nových coinů je zatím rychlejší než ztráta privátních klíčů, destrukce BTC jejich posláním na nedobytné adresy, zabavením státní mocí). Ale nebude růst věčně. Cílového počtu coinů dosáhne Bitcoin v roce 2140, což je hodně daleko od nekonečna. (V roce 2040 bude vytěženo asi 20918000 BTC, tj. 99,6% a bude prostor ještě pro 82000 BTC. Odměna za vytěžený blok v tomto roce 2040 bude 0.1953125 BTC. V letech 2136-2140 bude odměna za vytěžený blok 1 Satoshi, pak klesne na nulu a inflace prostě skončí. V roce 2140 se počet BTC zastaví na 20999999.9769 BTC. Samozřejmě pokud s do té doby zvýší dělitelnost BTC na více než 8 desetinných míst, pak bude potenciál k vytěžení dalších 0.0231 BTC během dalších mnoha desítek let.) Pokud jde o cenovou inflaci/deflaci, tak BTC je silně deflační (s jistými výkyvy) už dnes. Ceny zboží vyjádřené v BTC klesají. Jídlo,služby, drahé kovy, barevné papírky zvané dolary, to vše lze koupit čím dál levněji. Ono "míra "deflace" je mínus sto procent (inflace 100 procent)" by se dalo říci o dolarech (tj. inflace dolarů je 100%), ale pouze pokud by na trhu nebylo jiné zboží koupitelné za dolary než BTC. A přeci jen je třeba uznat, že za dolary lze zatím koupit více věcí než jen bitcoiny. Bitcoin není (výhradně) způsob jak vydělat "peníze" vyjádřené v korunách, solarech, eurech. To, že jej (a altcoiny) někteří berou jako spekulaci nebo investici a jejich cílem je ve skutečnosti vydělat ne-bitcoiny a ne-cryptocoiny, je jejich problém. Tedy... není to "problém", ale takovéto zúžování významu bitcoinu je škoda a leckdo na něj finančně doplácí. Investice není předbíhání ve frontě. Investice je postavení se do fronty včas. Zisk je pak zcela oprávěnnou odměnou za to, že člověk rozpoznal, která fronta za to stojí a která je ta správná. Zisk na neregulovaném trhu je vždy zákonitě oboustranný, nikdy ne "na úkor" někoho. |
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My estimate yields market cap 37.5 BTC. That is actually quite a lot!
I wonder how this number compares with theoretical scenario: What if everyone mining ALT in past 24 hours would be mining BTC instead. How much BTC would be mined by this "ALT network"?
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Just for the record: Approximate price for 1 ALT should be 0.00000549 BTC or 0.0002 LTC or 0.44 cents.
(Hashrate is 8900x lower than BTC but in addition to that the reward is also 20.48x higher than BTC.)
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Anyway, Thanks for donations to 15Ucc3jBx1ZUamR18EsjdSbSzARXtUjbPF
I actually recieved some. :-)
MPOE: Well, I still know of nothing better than science for trying to understand this world by putting it on solid objective basis. Just... we can never be sure that we are right. But the probability is overwhelmingly better with some laws than with another.
So the difficulty is about 8900x lower than BTC. Hashrate should be 2.38 THash/s. Yep, you are right. But "more significant" SHA256 altcoins have larger diff than 250k. Terracoin has 600k.
Did you receive some in the physical or in the metaphysical sense? This is Bitcoin block explorer. I was speaking of Altcoins. |
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Anyway, Thanks for donations to 15Ucc3jBx1ZUamR18EsjdSbSzARXtUjbPF
I actually recieved some. :-)
MPOE: Well, I still know of nothing better than science for trying to understand this world by putting it on solid objective basis. Just... we can never be sure that we are right. But the probability is overwhelmingly better with some laws than with another.
So the difficulty is about 8900x lower than BTC. Hashrate should be 2.38 THash/s. Yep, you are right. But "more significant" SHA256 altcoins have larger diff than 250k. Terracoin has 600k.
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Sigh... Sometimes even obvious irony is not obvious...
You know, this is a formal law of nature. Laws of nature are objective. This was law of subjectivity. Dear ZephramC, There is no law in nature, for it is metaphysical. It exists only because we imagine it exists. What is the metaphysical, other than that which does not exist wishing that it did? It is an irony of the past. What is irony, other than a satire of the metaphorical? It is satire that is law. Satire is but a juxtapositional demonstration of metaphor. It is the worn edges of an aging paradigm. One cannot be subjected to metaphor, for it is only found out of bounds. One must seek to observe what it does not yet know. A metaphor is a question, asking if it will be an irony of the future, or a unique facsimile of the present. It cannot exist in the past, for it exists in the moment. It is from the future. This paradox is resilient yet virginal. Tempered yet untouchable. It is an impenetrable paradigm, waiting to be observed, but transcendent of the metaphysical by its very nature. Call it ironic. Call it subjective. Call it anything you can imagine. Call it whatever you want, while you still can, for it is a paradox observed within a paradigm. It is but Nature painting pictures of the future. You are merely temporarily-ordered chaos clinging to the edge of reality while slipping away into the metaphysical. You are a finished painting, unable to fully observe its own composition. Nature is expression. It is a sight waiting to be heard, a sound waiting to be seen. It is an ocean in a sea of lifeboats, a torch in a vacuum. It is potential incarnate. It is chaos immortal. With Love, ~Altcoin Dear ThickAsThieves, nature is not metaphysical as it follows the laws of physics. Those laws might not be in our grasp, we will never know them fully and we can never be sure that our senses are not deceived at any given time or even all the time. For what it is worth, all our experiences can be just a set of electrical signal implanted into our solipsistic brain (in a vat) by some sophisticated computer. But some laws exists and nature unfolds by those laws. Even if all intelligent life and imagination ceases to exists and even if the life itself ceases to exists, universe will still be here, existing, following the laws of nature (or laws of physics depending on what you mean by nature). Metaphysical is laying beyond physics (or beside it, after it in the case of original books by Aristotle). Reasoning without empirical evidence, philosophy, even religion can intersect this domain. The part of reality existing only in our imaginations is... well our imagination only. It is beautiful woeul, but sitl bound, countable and abiding laws of logic. What is metaphor? What is irony? What is satire? What is humor? All the questions of degree, of measure, of right proportions. Who decides what is appropriate, what is adequate, what is excessive or deficient? Each individual for himself. Although many of them desire their subjective measure to be objective. Nothing can exists only in the present. Four-dimensional reality does not like infinitely thin objects in either of its dimensions. Although we are raping Minkowski now. There is no paradox. Only misunderstanding and multitudes of motivations, conceptualizations and expressions of single underlaying principle of Human Action. There is no painter. Altcoin might aspire to be Proper class, which it is not. But thanks to Zermelo, choice of your Altcoin is logical. Thank you. With reason, love and consequence, ~ ZephramC ... I am still afraid that MPOE-PR laws dictate that there is at least one human being in the lifetime of the universe that will take this post seriously. |
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Once I get my hands on the source, maybe we'll do some bounties for pools and customizations.
I promise to NEVER mine Altcoins.
With zero premine... I'm not criticising, just wondering how you can pay bounties? He can pay with non-zero postmine. |
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Sigh... Sometimes even obvious irony is not obvious...
You know, this is a formal law of nature. Laws of nature are objective. This was law of subjectivity. |
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Auction ended due to it being pointed out that litecoins are worthless in the face of altcoins.
So did I win the auction? Is the price for 1 ALT expressed in LTC now (1/worthless) => Infinity ? Altcoin Donation address: 15Ucc3jBx1ZUamR18EsjdSbSzARXtUjbPF |
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Yes, continue to centralize hashrate, please.  That's like 1% or less. I bet you think "decentralized" is accessible to 15-year old gamers with GPUs. Well, that's not going to work if you want to build the biggest worldwide currency and transaction network. No only accessible, but also profitable. Profit = opportunity = desire to fill that opportunity. Unless someone is ACTIVELY feeding the market money as a GGG, your utopian scenario won't exist. Opportunity => Desire to fill the opportunity + Means to fill the opportunity => Filling the opportunity (before anyone else and to someones satisfaction) => Profit (on both sides, win-win scenario). Which "utopian scenario" do you have in mind? Surely not everyone (in one area) can have profit not even the majority, sometimes not even the significant part. That is necessary feedback and incentive to move to another area. Or should my previous post include the "He (midnightmagic) probably means:" prefix ? |
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