I don't think you can classify eMunie as an alt-coin, but a completely different kind of cryptocurrency. That being said, I am the most intrigued and excited by the development going on with eMunie.
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so what if they add ltc on gox. all btc-e ltc moves to gox?
The network will probably go crazy with people trying to move their coins over. I think a lot of people are waiting to dump all over any significant price rise caused by it being added to MtGox. It might hit $10, but then I think it will stabilize around $4-5. As I'm holding the LTC I've been mining, I hope I'm wrong and the price goes through the roof.
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Updated OP on first page. Details of our forum that we would like any beta testers to have a look at, as we don't really want to run a beta program here. Also some details about the beta launch, and how we decided to slip it to this Friday the 12th.....yes I know you are all eager beavers, but I'd rather have a decent client with many loose ends tied up to start with. From now on I'll post most of the stuff about eMunie over there at http://forum.emunie.com and only make any relevant postings, or major news about it here, as this is a BitCoin forum after all. Some perks to those that don't want to be Beta testers, we would like you to get involved too, we aim for eMunie to be a success and more than anything else we want to have a large thriving community around it where everyone can have their say on the direction of the currency. We'll be rolling out a referrals program on production client launch once beta testing is over, and you'll receive 1EMU for every person you refer to eMunie and sends us their eMunie address or posts on the forum (there is only 500k EMU's a year maximum, so 1 is pretty good we think! ) This is limited to the first 1000 to register and participate on our forums, Beta tester or not. There is also sub forums for alt-coins, lounge and the like too, in general forum style, so feel free to post away there too. You should turn of the D.O.B requirement to register on your forum. I'm going go ahead and lie about it, but shouldn't be a required field.
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That doesn't really mean anything, IMHO
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AquaMan your picture doesn't seem to match your name. Any particular reason you're looking to buy Stable Coins.
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For the sake of openness, I was paid to help with this coin. So what?
Yeah, I don't really think that's a big deal.
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Really not as terrible as some of the releases lately. It's spelled scrypt though. And a premine
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Doesn't anyone understand how the crypto network functions? How do you suppose people will move coins around, if there are no miners to find blocks and get confirmations?
This is a huge point I'm still trying to understand about cryptocurrency as a whole. Will transaction fees be enough to keep miners going on any coin. The rationale is that once all the coins are minted, there will be more in circulation and thus more transactions and more tx fees. Those fees are supposed to subsidize the miners. The crazy thing that will probably happen with bitcoin is that towards the end, there will probably be huge hashes fighting for the last coins. That will push up the difficulty and then they will probably fall off when those last coins are minted, I think, leaving the difficulty stuck too high for a while. That is a ways off though, so maybe something will be done about that, or there already has been something done and I just haven't heard about it or haven't understood it fully. But with the case of this coin. If all were minted in 2 weeks, there wouldn't be many services set up for people to spend their coins at, so there would be minimal transaction fees and hardly any incentive to mine at all. This would be a good way to find out. Generally transaction fees should keep the miners busy. But who knows? Lets do it and see what happens next. Build it and they will come.
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I will gladly pay you TOOSDAY for a HAMBURGER TODAY! Your age is showing.... The again, so is mine. I'm only 22, love me some old Popeye
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jump to $10 Agree!!! LTC target price for me is between 25-80$. Just my 2 LTC. That's... ambitious. I have to agree that by this point if and when MtGox adds LTC, it will probably jump up to maybe $10 and then correct to $4 or $5. But as a holder of LTC since $0.60, I hope I'm wrong.
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Doesn't anyone understand how the crypto network functions? How do you suppose people will move coins around, if there are no miners to find blocks and get confirmations?
This is a huge point I'm still trying to understand about cryptocurrency as a whole. Will transaction fees be enough to keep miners going on any coin. The rationale is that once all the coins are minted, there will be more in circulation and thus more transactions and more tx fees. Those fees are supposed to subsidize the miners. The crazy thing that will probably happen with bitcoin is that towards the end, there will probably be huge hashes fighting for the last coins. That will push up the difficulty and then they will probably fall off when those last coins are minted, I think, leaving the difficulty stuck too high for a while. That is a ways off though, so maybe something will be done about that, or there already has been something done and I just haven't heard about it or haven't understood it fully. But with the case of this coin. If all were minted in 2 weeks, there wouldn't be many services set up for people to spend their coins at, so there would be minimal transaction fees and hardly any incentive to mine at all.
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i've sent you 500BTC... will i be the first in line? ) It got stolen by the German Exchange student who said he was installing minecraft on their computers.
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I went out and got a bank loan with low rate.
Oh dear... What did you tell the bank you were going to use the money for?
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In a nutshell: we designed and built an ASIC prototype for litecoin-mining but because of a thievery we need funding to proceed.
In a nutshell: scam.
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Please don't say BTC can't get 51%, of course it could.
If the government or some really rich person dropped a few million into ASIC's, Bitcoin would be done.
And the public would cry that it was an act of terrorism. And the government would blame it on *Insert Country Name Here* and subsequently declare war on them. Also, they would subpoena the phone and computer records of all Bitcoin users.
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I doubt there are asics out there but some fpgas are most probably already in action.
I agree, I think fpgas will come before ASICs, and are probably already out there in the wild. Also, if anyone has scrypt ASICs, it would obviously be Trucoin lol https://bitcointalk.org/index.php?topic=222962.0
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This thread has essentially become the 4chan of btctalk.
Hopefully without the cheese pizza
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