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Gillette
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August 25, 2015, 06:10:19 PM |
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Anonymity is not at all the decisive factor to consider xmr as hedge of btc.
Eth and fiat are perfect hedges of btc at this moment.
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masterOfDisaster
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August 25, 2015, 08:07:17 PM |
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I wonder to know what are you trying to say by publishing this link. Of course there were some coins generated right after public start of block chain and I personally destroyed these outputs. I guess it would be correct to say that you haven't seen anyone, who did the same thing. Is this a shadowy start or what? https://bitcointalk.org/index.php?topic=143221.msg3730462#msg3730462https://bitcointalk.org/index.php?topic=217110.msg2298533#msg2298533I would say that forum trolling can be a good approach for developing the ability to gather information and form an independent opinion. It's much better than idea to follow some statements religiously and, even more, to keep the will for pushing the same agenda over and over, like some other people are doing. But honestly, I just don't care, because there are some other interesting issues to be dealt with. Sincerely, your Alex. I beg your pardon if you feel treated unfair by my comments. I admit that I haven't tried to get to the bottom of all of this. I'm quite sure that Novacoin is one of the rather innovative coins compared to hundreds of others - following the lead of Peercoin must be an innovative move  ...maybe that's what went wrong; my whole last post regarding Novacoin should have been seen with a wink  |
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Rakete4
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August 25, 2015, 10:08:37 PM |
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Novacoin was more instamined than Peercoin, but Novacoin has got higher PoW inflation.
So short term, Peercoin's launch was more fair, while long term, Novacoin is more fair.
And there are more differences between the two.
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habraken
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August 26, 2015, 02:25:51 PM |
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Novacoin was more instamined than Peercoin, but Novacoin has got higher PoW inflation.
So short term, Peercoin's launch was more fair, while long term, Novacoin is more fair.
And there are more differences between the two.
[offtopic] PoW is only 'fair' if you 'happen' to have a lot of dedicated mining hardware and live in a cheap electricity area Else it's just the people who can afford to invest in both, who get the coins. Less wasteful on the environment if you just invest the same amount of fiat in PoS-coins directly imo, buy them. [/offtopic] |
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Rakete4
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August 26, 2015, 06:03:19 PM |
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Novacoin was more instamined than Peercoin, but Novacoin has got higher PoW inflation.
So short term, Peercoin's launch was more fair, while long term, Novacoin is more fair.
And there are more differences between the two.
[offtopic] PoW is only 'fair' if you 'happen' to have a lot of dedicated mining hardware and live in a cheap electricity area Else it's just the people who can afford to invest in both, who get the coins. Less wasteful on the environment if you just invest the same amount of fiat in PoS-coins directly imo, buy them. [/offtopic] It's offtopic, so just very brief: When you buy PoW coins, you pay for the electritiy via paying the seller/miner. The seller/miner is just an agent who gets a moderate profit. While when you buy pure PoS coins on the open market, you pay the seller for being an early adopter. Big difference. |
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LiQio
Legendary
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Activity: 1181
Merit: 1002
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August 26, 2015, 07:06:32 PM |
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Novacoin was more instamined than Peercoin, but Novacoin has got higher PoW inflation.
So short term, Peercoin's launch was more fair, while long term, Novacoin is more fair.
And there are more differences between the two.
[offtopic] PoW is only 'fair' if you 'happen' to have a lot of dedicated mining hardware and live in a cheap electricity area Else it's just the people who can afford to invest in both, who get the coins. Less wasteful on the environment if you just invest the same amount of fiat in PoS-coins directly imo, buy them. [/offtopic] It's offtopic, so just very brief: When you buy PoW coins, you pay for the electritiy via paying the seller/miner. The seller/miner is just an agent who gets a moderate profit. While when you buy pure PoS coins on the open market, you pay the seller for being an early adopter. Big difference. The profit of the seller is irrelevant and doesn't have to be moderate at all (there are also miners that have free electricity). This argument is economical nonsense. |
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penek
Legendary
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Activity: 976
Merit: 1003
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August 27, 2015, 06:47:57 AM |
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I don't see the difference between buying hardware for PoW mining and buying coins for PoS mining...
may be only in start profit...
but, I know that between the purchase hardware for PoW mining and starting to work can take long time, comparable with generating first PoS block...
and aslo an important role playing model of emission... I think that in Novacoin emission is well-balanced...
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Фaкт — caмaя yпpямaя в миpe вeщь. © M.A.Бyлгaкoв «Macтep и Mapгapитa»
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couer22
Member
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Activity: 81
Merit: 10
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August 27, 2015, 02:34:06 PM |
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Since taking over for BTC is a main criteria for hedging against its fall, so many coins fail on this criteria.
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asuryan180
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August 27, 2015, 02:49:07 PM |
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Since taking over for BTC is a main criteria for hedging against its fall, so many coins fail on this criteria.
This is why ETH ranks high. |
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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August 27, 2015, 08:12:10 PM |
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Dash: is just a coinjoin implementation, that already exists on BTC. the "incentivized node idea" is decent, but flawed because not anonymous. Besides that, I never understood why a "masternode" needs to hold a certain amount of coins. Why just not reward all the active nodes? Interesting to see how those two lines of yours have absolutely nothing to do with Dash, it couldnt hurt to do some personal research on some cryptocurrencies.. |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Robin,Hood
Member
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Activity: 462
Merit: 62
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August 27, 2015, 08:44:18 PM |
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Since taking over for BTC is a main criteria for hedging against its fall, so many coins fail on this criteria.
This is why ETH ranks high. Ethereum is not a crypto currency coin but a open source software platform.  Ethereum is somewhat comparable with "Red Hat Linux" on blockchain tech. Yeh you may can build on it but open source software is not a investment to expect financial return. It maybe an investment on ethical grounds. On top of it a CEO with a track-record of 5 started and failed companies is not the most convincing argument for a sound investment. |
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