I feel sorry for the people that will lose their 30% deposits. In fact, no I don't - it serves them right for falling for such an obvious scam.
I suspect the majority of the people that bought in are not English - if you were, you'd know exactly what type of people we are dealing with here.
Read the post below yours and rethink your words. Go back through and look at the signs and evidence of Alpha Technology being legit. Nothing is guaranteed and those types of guarantees themselves are often risky. What is interesting here, is that our financial system itself is trying to centralize risk, and Bitcoin and the Cryptos decentralize it. Sort of ironic, don't you think? Sometimes to move forward one has to take a chance... “It is solely by risking life that freedom is obtained; . . . the individual who has not
staked his or her life may, no doubt, be recognized as a Person; but he or she has
not attained the truth of this recognition as an independent self-consciousness.”
― Georg Wilhelm Friedrich Hegel, Phenomenology of Spirit And all the best, Its about sharing |
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He did quite well and if you notice his earlier interviews you can clearly see he is improving.
He represents a bit of the rebellious side of btc and that is valid.
Of course the mainstream love that as it is used as a means of discrediting BTC.
I wouldn't worry though, at this point BTC is growing and "meme"ing to the masses.
Any news is good news. This is less about BTC succeeding and more about this
Movement, of sorts, maturing and going forward.
The question is, can they stop our momentum, the blockchain tech as Amir said?
I don't think/feel so.
Also, there is a part of Amir that touches that part beyond logic, in each of us.
That passion comes through and touches people beyond the mind.
The unquantifiable heart...
Its about sharing.
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Seems like MtGox is the "Lehman Brothers" of the bitcoin world. My analysis points out that BTC/USD might crash down to $100  Your startpoint breaks the prior uptrend. So many ways to draw a chart. Essentially, it is a toss up, no pun. |
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3,191,424,356 (+21.74%)
Adjust time: After 1906 Blocks, About 12.3 days
This is what bitcoinwisdom is saying right now... no more ROI on many of the miners out there except the biggest.
Time to sell all the mining hardware to the ignorant many (like me) for vastly over priced £££ on ebay. Shame, the human race is self destructive in its greed Not sure this is greed. If one can make more by merely buying btc's than how can you call someone taking a huge chance on a miner Greedy? If anything it is a huge gamble but rather appears to be both a hobby and reinvestment, not to mention a way to get btc's in some tough countries. |
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hi, took me over 1 day to mine 5 quarkcoins  , what else is good to mine. QPdNC348S3rKTMTh1V9eV9DkxN6CNv7n9D  I had been doing 5+ coins a day on 850Kh/s. Now it is down to around 2.6 at last check... Come on buyers! eheheheh IAS |
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Fiaz - If other companies deliver a bit sooner than you guys (as there are some ASIC's already coming out, albeit at crazy prices), have you considered upping the Mhash/s or offering an option for more Mhash's to make up for market forces? (A bit like KNC Miner has done, they have really changed the Mining landscape and gained many customers in the process.)
Thanks for all the communication and updates,
Its about sharing
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now that the big eth fundraiser was called off, I'm more sympathetic. its probably thanks to communal efforts that it was called off. I think there should be some guidelines for such power-plays.
r0ach thanks for your posts. you're one of the few who realize that these problems are not merely technical.
I don't understand how eth even pretends to solve the hashing power problem. Anyway.
I think we need to separate two issues: 1 - Ethereum the technology 2 - Ethereum's fund raiser I have a problem with #2 as did many if not most BTC supporters. So, let's not cloud the money issue with what Ethereum can do. If you listened to the latest Let's Talk Bitcoin Podcast, where the leaders of Ethereium, Mastercoin and Invictus were talking, it seems like Etherium has a pretty good idea. But even the other guys joked about the 30,000 BTC fundraiser - God that sounds a bit much. And that is for starters. But again, Ethereum the technology sounds very very interesting. And one of the preceding (not to mention colored coins as well) will probably be firmly entrenched before years end. IAS |
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To understand the deep insight of roach fully, you need to look at why he thinks Doge coin is a winner thread. Outside of the wisdom given here, he gives more in that thread.  This one is enlightening, grab the popcorn  ... https://bitcointalk.org/index.php?topic=446286.msg4906057#msg4906057 Bashing threads on other coins and promoting Doge? You don't say... And joined 3 months ago. |
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Hi Lucacri,
I can't find a valid average purchase price anymore.
Under "average purchase rate" on the Dashboard I see very high figures. e.g. 1NMC=3.3BTC. They are all in whole numbers and should be in fractions.
I see that across the board. Even if I click on the coin name, it is not on the detailed screen.
Still loving the site, but can you have a look please?
IAS
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Love it, my favorite charting site. But the data only goes back 2 days? Up 40%... And somewhere stompix is still bitchin. LOL |
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Up 20% as we speak.
YC
Let's see if this is one coin that will go up before the reward cut. Although it does get a rewards having every month almost Would you just enjoy things for a change and stop bitchin? We are up 20% and you still can't let it in. Much Luv brotherman, IAS |
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Do you remember how BTC spiked around the time of cutting the reward in half? I was just wondering the same after reading that we are getting the reward cut in half as well in a few days. So, that means fewer coins to mine. You will have to buy. The next few weeks will be interesting. Will the QRK network's Hashrate continue going down or will it stabilize due to a price rise? A few factors... IAS Honestly I don't remember and the graphs i checked don't remember it either.  Either way , qrk reward has been cut in half 3 times in the past months and ... nothing. 1st - Do a Google search on "last Bitcoin reward half". Notice it occurred at the end of 2012 2nd - Look forward 2 months or so from December 2012. The crazy rise to 266 started. So, I'm saying that the existing BTC's, QRK's, etc. can become more valuable around the time (or after as in BTC's last) of a reward half. QRK's is really going to go down, almost dangerously low depending on your electricity costs! I'm not saying it is going to happen to QRK, because it depends on the demand, but if the Cryptos start moving again and the only way to get QRK is to buy them and NOT mine them, quite easy prediction. Now, I know we have discussed things a little before, and I'll say the same thing I said last time - If your perspective is just negative, that is what you will see. Just widen it a bit, not even saying to be optimistic, just look at more possibilities, that is all I'm doing. I don't know what happens, but I see some interesting possibilities, as just mentioned. Its about sharing Two months in crypto world is another age. You can check the forums about the halving and how everybody assumed the rise just like you did now , and after 1 month ...shit , we were wrong. The events in December have nothing to do with the block split. Also it wasn't a sudden increase from lower values , you can say it was barely recovering from the first bubble at 30. Not a block reward will increase the price but people using it to buy and sell goods. Also the times where videos or memes were having an impact are long gone. Rather than hoping for the best in 2 days time , somebody should try and get quarkpayments really going. Man, you are depressing. Seriously. I was not saying I knew, but talking with you is like talking to a person convinced of their sickness. Good luck to ya, IAS |
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Man this DOGE is taking up a lot of money in the market.
What are people wondering? They'll be using it to buy puppies, dog accessories and food? Or is it just that Americans love dogs?
Hahaha! It's cool and everything, but just isn't sustainable in my opinion. I definitely like their community. I do personally think a lot of people will end up financially hurt once Doge is over. It certainly isn't sustainable, unless people keep buying and NOT selling at all. There are just too many Doge's being mined for a few big dumps to not happen imo. That said, I have a little because who knows what will really happen and who knows how the masses think... IAS |
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Do you remember how BTC spiked around the time of cutting the reward in half? I was just wondering the same after reading that we are getting the reward cut in half as well in a few days. So, that means fewer coins to mine. You will have to buy. The next few weeks will be interesting. Will the QRK network's Hashrate continue going down or will it stabilize due to a price rise? A few factors... IAS Honestly I don't remember and the graphs i checked don't remember it either. Either way , qrk reward has been cut in half 3 times in the past months and ... nothing. 1st - Do a Google search on "last Bitcoin reward half". Notice it occurred at the end of 2012 2nd - Look forward 2 months or so from December 2012. The crazy rise to 266 started. So, I'm saying that the existing BTC's, QRK's, etc. can become more valuable around the time (or after as in BTC's last) of a reward half. QRK's is really going to go down, almost dangerously low depending on your electricity costs! I'm not saying it is going to happen to QRK, because it depends on the demand, but if the Cryptos start moving again and the only way to get QRK is to buy them and NOT mine them, quite easy prediction. Now, I know we have discussed things a little before, and I'll say the same thing I said last time - If your perspective is just negative, that is what you will see. Just widen it a bit, not even saying to be optimistic, just look at more possibilities, that is all I'm doing. I don't know what happens, but I see some interesting possibilities, as just mentioned. Its about sharing |
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We could do a 1000 for 1 split and put 1 BTC close in value to a dollar.
Of course, what this would do is open the floodgates for new buyers, guaranteed. That I agree, it's 100% confirmed that more people would buy if the decimal point is shifted to the right place You can only speak for yourself, although you probably are here. This argument is why I pointed out that the market has already decided how to handle it. There is nothing for us to debate, no one has any power to effect this kind of change if the users don't wish to do it themselves. The unit of display isn't decided by the code or protocol. This whole thread is like arguing how many angels can dance on the head of a pin! There is nothing that any of us can do! Even if we could all agree. If you don't like how your client displays the unit, change it. You can in your own client anytime you like. It would have zero effect on your net spending power, nor would it have any effect whatever on your ability to buy bitcoins in any fraction or number you are able. If people don't buy bitcoins because the price of a whole bitcoin is $800, why does it matter if they might buy a millibit for 80 cents? Their economic ignorance isn't a reflection on you, is it? Nor is it a reflection on Bitcoin itself. If Bitcoin fails, it won't be because a portion of the potential user pool doesn't understand the unit. True to a point, but if we just change the name of the unit on e.g. our wallet, then we will be saying e.g. 1 mBTC, right? That is a problem right there. It is no longer a "bitcoin", it is a "milibitcoin". I think we are talking about more than an adjustment in perception, now that you bring up that good point. Unlike regular money, we don't yet have the familiarity with the equivalent of say "a penny" in our Bitcoin vocabulary. And it sounds so geeky to say "milibitcoin" for Grandma! LOL But who knows, really... Perhaps we can easily make the adjustment. It is an interesting part of the experiment, eh? Having a money that increases so much in value that you have to start refering to it in thousandths or the like. Outside of the core Bitcoin community, I suspect that units will have many names across nations, cultures and languages, and I don't think there is any way to avoid that. So why try? There is no need to have an "official" unit name, people who trade across borders will make it their business to be aware of the differences in unit nomiclature and division. People who don't trade across borders don't give a shit what it's called elsewhere. Note that gold has 200+ names. EDIT: BTW, if you're willing to dig into the archives of this forum, you'll find that I'm the person who suggested that the smallest unit be called a satoshi. Yes, me, personally. I really have been here that long. The reason that I gave then was that most people chaff at using scientific names, and that (much like the faces on the US currencies) the most important historical characters tend to be on display on the smallest units of currency, so that they will be seen more often. That's why George Washington is on the $1 bill (first US president under the constitution, not the first Us president) and Ben Franklin is on the $100 bill (founding father, not a president ever). For this reason, and the fact that the names were so uncommon, I proposed that the smallest unit be called a satoshi and the smallest unit times 1000 be called a GAvin. That stuck because it was a good idea and was received well by the community at the time, not because I had any authority over the matter. That last story is pretty amazing. I was just Skyping a friend and joking with him about when the Universe intervenes or directs us in a moment to listen... Check. Great way to come up with the Satoshi. And at some time soon GAvin may be a highly used word when talking btc units. And then the Satoshi will come! LOL Regarding your point of view on naming or the nomenclature here, I was really throwing that idea out. I'm not strongly tied to it, though i have wondered about it. You make some good points but I guess it will come down to what it comes down to... I never though AOL would succeed with there CD everywhere campaign, but I was wrong. Though I called that internet thing pretty well... Back to units of measurement, I was considering calling .01 btc "bank disruptors" (or a de-Lawskies, CK's (Corruption Killers), FED Ups or something like that. Funnily possible). What do you think? "How much for the Wiki Leaks lifetime member membership? A - 100 Bank Disrupters." Nice reminder and prophetic meme propagator. (What a proud memory that would be! And congrats on your coming up with the Satoshi name, truly. In hindsight, it HAD to be that way. Well done.) |
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We could do a 1000 for 1 split and put 1 BTC close in value to a dollar.
Of course, what this would do is open the floodgates for new buyers, guaranteed. That I agree, it's 100% confirmed that more people would buy if the decimal point is shifted to the right place You can only speak for yourself, although you probably are here. This argument is why I pointed out that the market has already decided how to handle it. There is nothing for us to debate, no one has any power to effect this kind of change if the users don't wish to do it themselves. The unit of display isn't decided by the code or protocol. This whole thread is like arguing how many angels can dance on the head of a pin! There is nothing that any of us can do! Even if we could all agree. If you don't like how your client displays the unit, change it. You can in your own client anytime you like. It would have zero effect on your net spending power, nor would it have any effect whatever on your ability to buy bitcoins in any fraction or number you are able. If people don't buy bitcoins because the price of a whole bitcoin is $800, why does it matter if they might buy a millibit for 80 cents? Their economic ignorance isn't a reflection on you, is it? Nor is it a reflection on Bitcoin itself. If Bitcoin fails, it won't be because a portion of the potential user pool doesn't understand the unit. True to a point, but if we just change the name of the unit on e.g. our wallet, then we will be saying e.g. 1 mBTC, right? That is a problem right there. It is no longer a "bitcoin", it is a "milibitcoin". I think we are talking about more than an adjustment in perception, now that you bring up that good point. Unlike regular money, we don't yet have the familiarity with the equivalent of say "a penny" in our Bitcoin vocabulary. And it sounds so geeky to say "milibitcoin" for Grandma! LOL But who knows, really... Perhaps we can easily make the adjustment. It is an interesting part of the experiment, eh? Having a money that increases so much in value that you have to start refering to it in thousandths or the like. |
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Where does this nonsense come from that the base unit is the satoshi? Its is agreed upon to stick to 8 decimal places for time being (can be changed to 6 or 10 or whatever) and its called a Satoshi.
If someone wants to be cheap i am sure he can find some crappy coin on a crappy exchange.
The "nonsense" comes from a few places. I've heard it on the Let's Talk Bitcoin podcast and here it is in the first line of the Bitcoin Wiki: Bitcoin is a decentralized digital currency created by developer Satoshi Nakamoto. It does not rely on a central server to process transactions or store funds. There are a maximum of 2,100,000,000,000,000 Bitcoin elements (called satoshis), currently most commonly measured in units of 100,000,000 known as BTC. Perhaps you can list your sources. Did you get your information from the source code? I imagine since you are calling the other information "nonsense", you must have. And regarding your derogatory remark of "If someone wants to be cheap..." - I don't think any of us implied or alluded to that at all. We are talking about an ease of use in denominations for the AVERAGE user, not IT or tech guys. Even IT guys or technical people (like a few of the hosts of LTBTC) got the different denomination conventions mixed up on more than one occasion. With posts like yours it makes fewer people want to take part in a discussion. So, learn some manners Manfred. ITS ABOUT SHARING |
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We could do a 1000 for 1 split and put 1 BTC close in value to a dollar.
Of course, what this would do is open the floodgates for new buyers, guaranteed. That I agree, it's 100% confirmed that more people would buy if the decimal point is shifted to the right place But, does it hurt us in another sense?
Notice that America is like one of the only countries not on the Metric system yet?...
I don't know why you think that, it's just about moving the decimal point, it doesn't change the number system, it would still be the decimal system. And AFAIK the US uses the decimal system for currency too. So, we theoretically can be the first "stock" that had a 1000 to 1 split (And when all is said and done, a few of them). Really, I wonder if talk might start in this area. Regarding my "Does it hurt us in another sense. " comment, I mean it is all about perception and I wonder what happens to the perception. Instead of 21 million total "BTC's" in existence, we have 21 billion. Now, nothing has changed in reality, but it is another shift in terms (to the common man). Or, does the value in a way "decrease" due to a peg of sorts (with the split) to the dollar? Again, I'm talking in the minds of people. All theoretical here. I don't know. This game (apparently) is just as psychological as it is practical as it is actual... And, I put a "?" there because I don't really know and am open to what others think. I wonder why more people haven't mentioned this before. I mean what is more difficult, using terms like "mili bitcoin, micro bitcoin, etc." for mom and pop, common people, etc. or just saying "bitcoin"? A hell of a lot easier to just do splits, (for now anyway), than come up with new terms imo. Not sure that is a long term solution though. I really think this topic of a split needs to be looked at further. |
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WOW, 64 cores! That is going to cost A LOT of money. Not viable for QRK till it is at a buck or so. Any ideas on what a small micro server would cost? My guess $2000 vs $400 for a top of the line 8 core atom (which I heard only does about 100kh/s total) |
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