[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin?

[TPTB_need_war]

My private message:

plz kindly be aware of some facts:

https://bitcointalk.org/index.php?topic=1359709.msg13841923#msg13841923

And this should be relevant to me why?

I just want you to know that I am not spamming Ethereum. That I am explaining technological information that many people do not know. Since I am the only person who is making this effort (at great cost to myself in terms of time lost from more productive activities that might more directly benefit myself), it is necessary that I post more than others, because there are so many others who are posting who do not understand the technological issues.

Please do not misconstrue my effort as selfish, harmful, or against forum policy.

I also wanted you to know that my posting in the past that you might have construed to be offensive and spamming to the community (large red font, consternated tone, etc) was factual. I have no idea really if the Ethereum folks are sincere or corrupt. I just know they are not open/honest about the reality of the technological constraints. They talk technobabble but never really come out and state in terms that people can grasp what they have solved and not solved. They misdirect the community in hype.

Apologies to all of you for the noise level. I am also frustrated with the level of communication that has been necessary to convey important points to the community and make those points be accepted rather than dismissed as "loony".

One thought sticks in my mind that my former boss (a co-founder) told me in 1995, "if you are so smart then why are you working here and not for your own company". (this was the one and last time I tried to express my thoughts about priorities for new features for Painter, even if he was probably correct about my knowledge being inferior to the founders)

I left in 1995 and proceeded to make CoolPage by 1998 (while working from a Nipa Hut in squalor because my savings was depleted) which attained approximately near to 0.33% market share of the entire internet.

I think the same applies now. I just wanted you to understand what I tried to do and why. Which was to promote the level of awareness of the facts.

[TPTB_need_war]

Is there a rough timeline of your project?

I'll try to respond to this approximately next week. First step is stop posting on the forum, so I can get my head back into coding.

I need to do some analysis of the implementation issues for the broader scope of that the project has transitioned to. I am no longer just creating a crypto coin, but I am also creating a social networking site. So this appears to be an immense amount of implementation effort.

Note I did code up a more than just rudimentary dating site (with roughly a few 1000s LOC of client side Javascript) in roughly 2 months in March/April 2015 which I shut down due to not having a microtransactions funding model available to make the site scale economically. I am not going back into the dating site direction, but that should provide some indication that when I am feeling healthy my production is quite high for one coder.

The other problem I have been dealing with (besides the recent addiction to posting too much in the forum which has to stop!), is that from roughly July forward my chronic illness worsened to the point where I became let's say almost entirely unproductive as a coder. I think this was due to overeating meat (since I originally thought a carb-free diet might be the solution to my 3+ year chronic illness), which now in hindsight was the worst thing I could have done, because I am now speculating that my illness is some issue with the pancreas, gall bladder, and/or colon (which then fucks up the entire body causing horrible symptoms that mimic Multiple Sclerosis or neurological auto immune disease). So as of past 3 weeks, I have been taking 30+ grams of curcumin extract+piperine (in coconut oil/milk) daily. And just this past week, I have decided to eat broccoli with every meal (bcz I read together with the curcumin is necessary to be most effective) and greatly reduce my meat consumption as well. I have had some better days where I felt very alert and mostly healthy, but I have also had some days where I still feel horrible and can't code effectively. The result is thus far inconclusive. I have noticed my jogging (although still very painful in my gut and my legs often ache and feel weak) has improved such that I can regularly run twice daily (2 x 2.5 kms) and make it to the end of the run without my abdomen hurting so bad that I have to stop. I have noticed that appears I'm experiencing more constant pain now in my abdomen but the pain has changed from being near the bottom of my rib cage to a lower position and the pain feels less like something I can't understand/describe and more like an injury. And I notice now when I run I can fight the pain (and that physical fighting with my body is also causing me to become like tiger or gruffy/ornery attitude). My hope is this is a sign of healing. I have seen clinical studies where huge pancreatic cancer masses were eliminated with high dose curcumin treatment. So I am hoping that what is going on now inside my body is that there are open wounds inside as a tumor is being shrunk.

Any way I really have no solid, clinical diagnosis.

So my point is that if my health isn't normal, my productivity isn't normal. The reason is because when we code like we did when we were age 20, 30, and 40, we feel a rush of inspiration and we get very deeply engrossed in what we are doing. But when one has a headache, body that wants to collapse in the bed, and yucky feeling all over the body and can't concentrate, then there is no inspiration and there is no way to get engrossed. I can try to explain it with an analogy. Imagine you were faced with the opportunity of fucking a Penthouse model but her vagina was lined with course grit sandpaper. Or for those with a less vivid imagination, imagine you had to code during the worst flu you ever had where you had a raging fever, were vomiting or sitting on the toilet every 15 minutes with diarrhoea, etc.. You simply were too distracted by your gut and throbbing head to accomplish any productive work.

I'll get back to you with a response next week or so if I can get my daily work regimen organized/disciplined and if my health (latest treatment regimen) continues on more or less an upturn.

Thanks.

[TPTB_need_war]

I think this is relevant to my project:

I have great respect for Martin Armstrong's work.

However, when it comes to the topic of Bitcoin, he seem to be a little too pessimistic, saying the government can shut it down anytime it wants.

I wrote him an email asking who he would think the government could do this, but received no reply until today.

Anyone with more info?

He says very little about Bitcoin, but he sees the matter from a pragmatic viewpoint: crypto currencies - that allow hiding the money from the tax man - will be stopped by the government. Government will collude with the Bitcoin foundation or just simply direct them to do it and the protocol will be modified to implement features to enable more efficiently track of the money (but even in its current form BTC is a god given gift for the tax man as by definition everything is in the blockchain and traceable.) The miners will cooperate too. In case the developers and miners don't comply - which is extremely unlikely - measures will be exposed on different levels such as ISP and OS (in the case of proprietary OS like Windows and iOs) to crack down on Bitcoin. (Of course all naive libertarian attempts like Dash and zerocash that try to implement privacy will be cracked down too).
Please note, there is no reason for government to intervene at this moment in time. Bitcoin is minuscule and insignificant terms of market capitalization and volume, used by very few users (the active 1 million users are lot less than a mediocre porn site has) so the government will step in when for some reason it will be actually popular, but at the time the government will act quickly and forcefully.

MA is pessimistic of private money surviving long term, it usually appears during a crisis and withers away or ends up being taxed anyway, there's nothing new under the sun so the saying goes.

He doesn't believe bitcoin will be any different.

"The idea that Bitcoin can circumvent government currencies and taxes I just do not buy. I suspect these people are licking their chops to rush in. That is my only concern. You cannot withdraw $3,000 in cash without them freaking out. They will an underground economy exist? I seriously doubt it."

Agreed on your and trollercoaster's response. And btw, this is why I suggested to Zcash, they hedge their bets and also focus some of their efforts on the corporate applications of zk-snarks to privacy for public block chains with an optional viewkey for the government. This is absolutely needed by corporations if they are going to use block chain technology to interopt more efficiently. Zcash is sitting on a gold mine technology if they get some clarity into their strategy. I think perhaps they should have hired me. Any way, I am off on other project/work now.

Let me add to both of your points, that the global government is also taking form but not entirely organized yet. For example, the G20 has just recently pledged to share information and work together on tax cheating. It takes a while to get all these 100+ nations to cooperate, but realize the leverage the G20 has over international banking (e.g. they threatened to shut off the Philippines' OFW remittances if the Philippines didn't comply with the wished for the USA such as ending the bank secrecy law in the Philippines) and over the internet trunk lines (undersea) and other geopolitical leverage.

The government will be able to shut down Bitcoin for the reasons AltcoinUK has explained. Bitcoin is becoming centralized and controlled by a few people. For example, the Chinese mining cartel controls 67% of the hashrate and recently did a 51% attack on Bitcoin.

I have pretty much given up on the anarchistic, ideological aspect of crypto currency. I am focused on a smarter "anarchistic" ideology of making crypto currency popular and enabling netizens to express themselves more freely. Ultimately the battle with be political so I am better off to use my technological expertise to enable more popular freedoms in decentralized social networking than to focus on some impossible dream.

I have also recently shown that no decentralized crypto currency can ever exist. Sorry there are lots of uninformed soundbite-mastery "experts" who persistently say otherwise, but they are wrong.

Governments would be pro Bitcoin because everything is being recorded in the blockchain

Correct. That's why Bitcoin is a God given gift to the the government and tax man. That's why there are conspiracy theories - which I don't subscribe to - that Sathosi is an NSA creation.

Non-sequitor. (plz don't be offended)

If Bitcoin is a God given gift to the government, then it does not logically follow that Satoshi wouldn't be a DEEP STATE (global elite/NSA/CIA) operation.

On the other hand, I don't agree with conspiracy theories that government will make Bitcoin big just to have this centralized place for tax collection i.e. intentionally make Bitcoin very big as some theory advocates it. Government don't have to do that - they implement the electronic FIAT system anyway, in Europe very-very quickly so they don't need Bitcoin, the electronic FIAT system is their central store of information. That's why I said if for some miraculous reason BTC get bigger then the government will step in, but not before.

I years ago figured out why the global elite planted Bitcoin.

It undermines the nation-states, central banks, and existing banking systems. They could not accomplish that in a hidden way if they did it top-down as you claim.

(yet another reason that Zcash should take my advice and make sure they focus also on corporate applications of their technology)

The plan all along has been to discredit the existing nation-state system to move towards a world government system.

On the note of electronic FIAT - and it indicates IMHO how intelligent Armstrong is and he sees the big picture - on the other day he said that yes, all nations will implement the electronic FIAT system, but the US, because the role of US dollars in world economy won't be able to that. Therefore, it will be a very messy situation. Now, that is very interesting. Electronic FIAT will be a big change around the world with its consequence on society and economy. The sheep of Europe - like we are in the UK and all others in the EU - move to electronic FIAT. In the meantime the physical US dollar will be still in place. How that does work, everyone will just buy US $ as Armstrong predicts it (please note he predicts it for mainly different reasons)? But Armstrong also says after 2020 the money flow to Asia. Why would it flow if US dollar still the safe heaven? Indeed a complicated issue.

He also stated the USA has the least chance of cancelling the dollar (not just cash) because the Bible Belt might secede from the USA, but Europe, Japan, etc have done it very often.

What Armstrong is saying is the same as I have long stated, which is that the rest of the world will implode and then blame the strong dollar. It is this contagion of blame that will lead to a new Breton Woods where a global government can be initiated. The point of Bitcoin and the sovereign debt crisis is force the nation-states to their knees to beg for a globalized monetary union.

And btw, this is why I suggested to Zcash, they hedge their bets and also focus some of their efforts on the corporate applications of zk-snarks to privacy for public block chains with an optional viewkey for the government. This is absolutely needed by corporations if they are going to use block chain technology to interopt more efficiently. Zcash is sitting on a gold mine technology if they get some clarity into their strategy. I think perhaps they should have hired me. Any way, I am off on other project/work now.

That was the reason I started to support the Gadgetcoin developers, because they identified businesses need a private implementation of the blockchain, businesses simply can't operate with public blockchains. Such public blockchain exposes all their trading and transaction information to the public, which is simply not an option for business operations (now the GDC devs are unhappy with me because of my IOTA fight, but that is an other matter). I think you are quite right if you see there is a business case and your project can be successful in that area.

I am saddened to hear that the GDC affiliation turned slightly sour because of your questioning the ethics of Iota. I would guess what they would be upset about is being associated with any strife, because it might turn off corporations. I don't think you can do anything about speculation in coins. You have nothing to gain from fighting such a war. Instead be laserbeam focused on investing correctly. And trying to find any serious and capable development that you want to invest in.

One of the problems that GDC and I face is economies-of-scale. We simply don't have enough full-time developers and I am also ill. But I am going to redouble my efforts on both my health treatment and on my resolve to not post in forums and be focused on coding. The key in my mind is reaching a point where others invest in the ecosystem, then economies-of-scale become easy. So I am just trying to devise the clever way to jumpstart to that pole position with the resources I have (i.e. myself and enough cash to support my living expenses for several more months).

Let me add to both of your points, that the global government is also taking form but not entirely organized yet. For example, the G20 has just recently pledged to share information and work together on tax cheating. It takes a while to get all these 100+ nations to cooperate, but realize the leverage the G20 has over international banking (e.g. they threatened to shut off the Philippines' OFW remittances if the Philippines didn't comply with the wished for the USA such as ending the bank secrecy law in the Philippines) and over the internet trunk lines (undersea) and other geopolitical leverage.

It always amaze me how powerless we are when it comes to money, and how quick government and the money lobby can act. You remember, not long time ago the Greeks voted and said no to austerity. The vote was on a Sunday. The following week their prime minister sat down with the Troika and by Friday the prime minister implemented more severe measures that was declined by the voters just a few days before.
I think the Chinese, Europe and all others will implement those money control measures in a heartbeat when they feel the Status Quo needs to be defended.

That is why I want to work on the problem insidiously. The people should taste freedom in the things they do normally on the internet, e.g. social networking. From there, the people are astute at finding all the opportunities and fighting for them. Enable the masses to get what they REALLY want. That is the key.

I'm only noticing the "unlimited altcoin cloning" days are over and people are moving away to (future) projects that try to change or disrupt existing markets.

BOOM you hit it right on the head friend. sounds like you understand the level the game is at... come Build a BUBBLE
https://bitcointalk.org/index.php?topic=1348538.msg13739933#msg13739933

Very astute.

Btw, Bubble is sort of headed in the right direction, but I am thinking you lack marketing experience. I mean you lack the experience to be able to analyze the difference between an idea and a market (unless your marketing is to speculators and not to an adoption market, in which case I see the cleverness of your approach).

If you want to succeed in adoption markets, you might consider partnering with someone like me who has that experience. But then again, I am not that interested in partnering. I am  more interested in interopting where each developer owns their own project in a mutual ecosystem. I don't like being responsible for someone else's coding/code. I prefer modules and economically separated as well. Finding a well matched partner for co-founding a project is very difficult for me, because I am not socializing in real life with coders. I am far away on an island.

[TPTB_need_war]

[...]

Monero has solved nothing and has the same insoluble “scalepocalypse” Tragedy of the Commons collapse economics as Bitcoin.

Btw, I know how to solve this problem and the solution will be in my coin. Iota appears to have solved this problem as well, but my analysis concludes Iota will fail to converge without centralization of the system as well. The only distinction of what I am proposing to do in my coin is that the verification cost centralization is under the control of decentralized payers. Iota can't do this because  if the payers don't stay with the same centralization, the convergence is lost. Whereas, in my coin design the payers can move their PoW shares at any time, because my design has a longest chain rule.

[MickGhee]

i like this guy !  thanks for your kind words on the bubble project pm'd you hoping we can chat more.  sic semper tyranus!

[TPTB_need_war]

The issue is the vast majority of the population will be perfectly happy with the new world order

Not necessarily. It depends. They are fattened and appeased right now because the "free" debt money spigot is open wide. On the backside of 2017, they are not going to like the pain, which will open opportunities to get them interested in online commerce so they can earn some income during the downturn coming. The elite know this and that is why will try to lock everything down with capital controls from 2017 to 2020 at least, so they can complete their global monetary reset.

So the key is to work on projects which won't be in violation of any capital controls. Think small such as microtransactions. The government can't possible put capital controls on microtransactions.

I have a specific plan now (which wasn't formulated when I spoke to you all in private) and it is doesn't involve air drops to n00bs. Also I have diversified my plan so that if the crypto currency aspect of my project fails, I will still have the social networking aspect which I can continue.

...if I can help to secure some VC funding for them. IMHO that's what you need as well: to formalize your operation and go with a serious VC or group of angel investors. I understand you can get some support here but the trouble which comes with the money from this platform simply does not worth the support. You have to explain all day long to speculators, young, inexperienced and uninformed "investors" every steps you do. I think you would be in a more desirable position, more productive and eventually more successful if you would work with VC investors instead of trying to get support on this platform.

I had enough offers for angel funding before ($100,000+) June that I tried to find a programmer to work with me. But it is very difficult to find programmers at my level who are willing to work for a smaller payscale and not also burden the coin with a huge premine. And to increase their pay means a larger angel investment which also could create a huge premine, depending on the terms. I find it very slow to conceive of stopping my coding now to try to go organize that. I am thinking I can get a rudimentary launch done within months and from there generate the funding necessary to refine it further with a small team of developers.

When selecting a team of developers, I would much rather select from a larger pool than here on this forum. I want people who are smarter than me and who are easy to work with. Also I think it is easier to select such people once you have an code base so you can see how developers perform on the actual type of work needed. And how the communication load scales. Some pairings of people just aren't able to communicate efficiently to each other, or have misaligned outlooks. Company culture is critical to success. It should feel like a slumber party in order to be successful.

[TPTB_need_war]

here let me get you started

we are forking this  http://www.trsst.com/

we have successfully migrated bitcoinJ

we are currently implementing it  as seen here https://github.com/achow101/trsst

the basic idea is this  when u create a new post u get 1/2 a bubble . when someone follows u they pay u 2 bubble . when they repost your post they pay you 1 bubble.
so It actually is a self monetizing system powered by altcoin. The real beauty is people have to "build their Bubble" on their machine / server so more servers means better access to their content etc. eventually i want to build in a marketplace and an ad engine where users can promote goods or content or whatever. this is a labor of love as I will be using all my coins to fund new posts via POS system.  I will most likely spend alot but recieve nothing back. (except status i hope lol)

The product name and logo is well done. Not sure the name fits the site use, but its still catchy.

Problems I see so far are:

1. Users hate being nickel & dimed by microtransactions. You are essentially putting a paywall in their face. Not good for adoption.

2. I think you will have huge trouble with posting spam.

3. What is POS system? Point-of-sale? Note proof-of-stake has Nash equilibrium flaws.

4. What is the use case that will drive adoption? Just being geeky cool is not necessarily enough to drive the minimum inertia needed to make it worthwhile to use Bubble. If not enough people use it, then it is not worth using it.

5. A labor of love is perfect if you have the plan sorted. I don't like to involve in plans that will fail. I am 50.7 years old and I don't have the youth you have to justify my effort in failure for the experience or whatever intrinsic values you might be contented with. I am interested in your love for what is not too distant from what I am also working on. Perhaps you need some help on making this succeed in a big way. I will be private messaging you. Apologies for replying in public, but I wanted the forum to know I did give you some feedback and to be able to see what sort of feedback I give on a topic such as this. Let's take our further discussion private now.

Edit: okay I see you are not the programmer and you began developing this project less than a month ago but you do logo design and you are a first year student studying marketing?

[TPTB_need_war]

Correction: China's pools may not be getting all their hashrate from inside of China, but this does confirm their 65% share of Bitcoin's hashrate. That would impact the upthread post I made alleging they had to be lying about the impact of the Great Firewall (GFW) of China. However, I still expect that most of the hashrate is coming from within China. And besides even the hashrate is coming from outside the GFW then the claim of the Chinese mining cartel is false as well (since they could put a pool abroad as well). So either way, the lie I alleged remains valid!

The Chinese mining cartel had claimed that the GFW made it impossible to support a block size increase. I argued upthread (to smooth) that this was a lie because the verification and pool could be abroad and only the hash of the block would need to be sent across the GFW thus the low bandwidth of the GFW wouldn't be a problem for the Chinese mining cartel. I thus concluded that the Chinese mining cartel had another motive for keeping the block size small and that might be that they want to drive transaction fees sky high, which is what the Tragedy of the Commons that I predicted in 2013 expects would happen. And even ArticMine recently graciously admitted I may have been one of the first to predict that.

Note that effectively the Chinese mining cartel have 51% attacked Bitcoin, by preventing an upgrade to larger block sizes (even I read that Classic's doubling to 2MB has been refused by 70% of the miners). Upthread smooth and I stated it doesn't matter which side of the block chain size fence you stand on, the ability of anyone to dictate the outcome by themselves, means they control Bitcoin and thus have 51% attacked it (i.e. centralized control over the protocol).

Note smooth did express the opinion upthread that the distribution of miners in the Chinese mining cartel might be decentralized thus should not be characterized as a cartel. I believe I retorted that they have just effectively acted as a unified cartel.

[TPTB_need_war]

Last post for hopefully a week or so:

As JPM guy explains, interesting to note people are not fleeing to the safety of paper or bank deposits, but gold.

The anchor in the video also mentions that every defensive trade is so crowded right now, the reply is that people are just treading water. To me this is another small sign of the crowding into sovereign bonds.

http://www.zerohedge.com/news/2016-02-11/jpm-ficc-head-people-have-more-confidence-gold-bank-deposits-or-paper-money

speaking of crowded defensive trades, physical fiat cash is clearly being delineated as a different form of money to digital fiat bank accounts, being subject to bail-in, confiscation, freezes, bank-holidays, etc. I'm expecting at some point to see physical fiat cash trade at a premium to digital fiat cash, as much as bearer bonds have and bearer stocks have versus their counter-party impaired representations in the past.

Also I think this is a large part of the drive behind outlawing physical fiat cash is because it represents a bearer instrument and they have gradually side-lined or outlawed other forms of bearer instruments over the years. Bitcoin, gold and physical cash, stock certificates (if you can get them) should all be held closely.

Bitcoin is a bearer instrument par excellence in the digital realm.

In theory, the best bearer instrument would be a crypto currency that is widely used by the masses for microtransactions, because the government would find it impossible to ban or crack down on a social networking phenomenon involving zillions of small transactions all over the globe.

It would also help a lot of the full nodes centralization problem of all existing crypto currencies was fixed; and fixed in a way that enables secure instant transactions.

I switched from an anonymity focus to this new focus. I am implementing now. Stay tuned.

The issue is the vast majority of the population will be perfectly happy with the new world order

Not necessarily. It depends. They are fattened and appeased right now because the "free" debt money spigot is open wide. On the backside of 2017, they are not going to like the pain, which will open opportunities to get them interested in online commerce so they can earn some income during the downturn coming. The elite know this and that is why will try to lock everything down with capital controls from 2017 to 2020 at least, so they can complete their global monetary reset.

So the key is to work on projects which won't be in violation of any capital controls. Think small such as microtransactions. The government can't possible put capital controls on microtransactions.

I have a specific plan now (which wasn't formulated when I spoke to you all in private) and it is doesn't involve air drops to n00bs. Also I have diversified my plan so that if the crypto currency aspect of my project fails, I will still have the social networking aspect which I can continue.

[MickGhee]

here let me get you started

we are forking this  http://www.trsst.com/

we have successfully migrated bitcoinJ

we are currently implementing it  as seen here https://github.com/achow101/trsst

the basic idea is this  when u create a new post u get 1/2 a bubble . when someone follows u they pay u 2 bubble . when they repost your post they pay you 1 bubble.
so It actually is a self monetizing system powered by altcoin. The real beauty is people have to "build their Bubble" on their machine / server so more servers means better access to their content etc. eventually i want to build in a marketplace and an ad engine where users can promote goods or content or whatever. this is a labor of love as I will be using all my coins to fund new posts via POS system.  I will most likely spend alot but recieve nothing back. (except status i hope lol)

The product name and logo is well done. Not sure the name fits the site use, but its still catchy.

Problems I see so far are:

1. Users hate being nickel & dimed by microtransactions. You are essentially putting a paywall in their face. Not good for adoption.

2. I think you will have huge trouble with posting spam.

3. What is POS system? Point-of-sale? Note proof-of-stake has Nash equilibrium flaws.

4. What is the use case that will drive adoption? Just being geeky cool is not necessarily enough to drive the minimum inertia needed to make it worthwhile to use Bubble. If not enough people use it, then it is not worth using it.

5. A labor of love is perfect if you have the plan sorted. I don't like to involve in plans that will fail. I am 50.7 years old and I don't have the youth you have to justify my effort in failure for the experience or whatever intrinsic values you might be contented with. I am interested in your love for what is not too distant from what I am also working on. Perhaps you need some help on making this succeed in a big way. I will be private messaging you. Apologies for replying in public, but I wanted the forum to know I did give you some feedback and to be able to see what sort of feedback I give on a topic such as this. Let's take our further discussion private now.

Edit: okay I see you are not the programmer and you began developing this project less than a month ago but you do logo design and you are a first year student studying marketing?

Yea the project actually was born out of a paper i wrote for school trying to explain how you could use crypto to develop a buisness model.. this is kinda not exactly that but its based off the ideas i came up with [url]here [https://www.linkedin.com/pulse/project-development-customer-tracking-cryptocurrency-mc-glauflin?trk=prof-post/url]

I am studying programming and my degree is in software systems engineering, But  I consider myself more of a "Projact developer". i dont exactly have all the skills yet to do the work on my own, but I do have the skills to put it together enough to where someone else can do it from my design. I actually wanted to do something much bigger but as i learned more i realized just how hard that would be for me alone so i settled on this as a way to prove the concept. Its really about self monetizing a system with crypto. social media was just the"lowest hanging branch "  it could really be done with anything. I think this platform will just be the easiest way to prove it.

"The product name and logo is well done. Not sure the name fits the site use, but its still catchy."
thanks I did this all myself. I used to do billboard ads and have done other stuff. remember rave parties lol.  I was a party promoter (like i put on shows) in my early 20's
The name bubble fits just fine-- lol on so many levels.. build your bubble chat bubble and of course the economic bubble that altcoins have been called.

lets go ahead with questions

1  i dont really follow.. i think earning coins through content is a fine distro.  it will (hopefully) give users a way to earn bubble and build their presence without having to spend too much on it.. It will already require a small investment in hardware ( A dedicated machine bandwidth and storage)

to use your own words
"
Additionally it is important to understand that microtransactions will never be viable for any activity except where there is no other way to monetize the activity:
"
I think this is a fair analogy. I dont really know how much your Meme of some douchbag being the "King of Douchebags" is worth. most likely a few pennies. so i think is this scenario microtransactions are exactly whats needed.

2 Not really worried about this at this time.  first we need users to spam it lol.  if this "loophole" allows for more users to connect in the beta phase than this is fine. fine tuning will be done later. I just want a basic barebones setup for me to build out.,

3 The pos is actually HiPos not a percentage but a fixed rate.

4 This is a hard question and a very good point. I hope that users own content and desire to be heard drive the use of the project and it gives a way to content creators to make a lil something for their content. also  there it is really planned to be a fully functioning marketplace with a user supported ad engine-- what i mean by this is u can post items with a click to buy button and advertise it. -- this will be a year or two down the line as this is what I want to build myself. Just to prove my mettle  

5 Your age and wisdom is actually considered a highly prized asset. I myself am only 35  but I have built things and developed ideas to their final goal several, times already. I am not afraid to fail moreover, i am not afraid to win.

[incognitoworker]

Very interesting discussions here, long time lurker and follower of your posts TPTB.
Your inputs and comments are truly a asset to all of us.
Sent you a PM several months back, wonder if you ever got it?

IW

[MickGhee]

Very interesting discussions here, long time lurker and follower of your posts TPTB.
Your inputs and comments are truly a asset to all of us.
Sent you a PM several months back, wonder if you ever got it?

IW

Sup homie 

[TPTB_need_war]

Thanks guys. Apologies but I feel I need to STFU and do some coding. I am trying to finish my points about alt-coins in general on this forum, and I hope today.

I will catch up with you guys once I get my head back into programmer mode instead of foruming mode. Thanks.

[TPTB_need_war]

The point about standing up decentralized nodes with Docker is a worth while technical point to be aware of.

However it still doesn't change my opinion that Synereo is building the wrong model for decentralized social networking.

What is your main objection to the model that Synereo is using?  Is it based on the thought that asymmetric connections will lead to ISPs blocking connections for Synereo data nodes or your thought that all PoS systems will centralize?  While I agree that all PoS blockchains will centralize to an extent around the holders of the PoS tokens, I don't think that is necessarily a detriment to the system.  I've stated before that as long as the currency holders have direct proportional input to the security of the chain based on their holdings that I think centralization around these parties is acceptable.  Your opinion is that this is unacceptable centralization and my opinion is that it is the currency holder's right as long as participants aren't forced to join the system.

1. Synereo is based on Ethereum and Ethereum can't ever work technologically. I detailed my reasoning and specifically what I think is Greg's myopia on Ethereum's future version named Casper (which Greg Meredith is involved with on the math for consensus-by-betting). (Will be adding more on that technological point soon in the linked thread)

2. Synereo is based on decentralized file storage for sharing content (such as music, videos, etc) and this can't ever work technologically (review all my posts in the linked thread) at least as currently envisioned by all the decentralized file projects I am aware of. I also proposed a solution in that linked thread, so perhaps you might want to pass it along to Greg.

3. PoS has failure modes which don't sustain Nash equilibrium. I have some links and posts in the Ethereum Paradox thread which expand on that point.

4. Most fundamentally to Synereo's design is I don't see how Greg's math model for the attention model (Reo & AMPs impacts) can be enforced on all nodes. I admit I didn't dig into the math and research he cites in the 56 page white paper (I do sort of understand it conceptually), but i think I don't need to because there is no way to enforce that all nodes will run the same math model. Additionally I think the concept of paying with AMPs to force content to move uphill against Reo is the wrong model, because the value of advertising is orders-of-magnitude smaller than the value that users get out of social networks. Thus the only model that makes economic sense is Reo. Removing AMPs of course destroys Synereo's funding and profit model, so would kill the project. Thus I don't expect them to adopt a corrected design.

[TPTB_need_war]

...but my laptop isn't perfect (it sometimes grinds to a halt at 100% disk usage), my super duper new flat screen sometimes pixelates, my old CDs used to jump and skip, and 'always on' is sometimes 'off'.

[...]

Nothing in this world is perfect.

The problem with analogies is category error. Your laptop doesn't fail for everyone. It fails only for you, then you reboot it and learn not to overload its systems. That is decentralization. Whereas when a block chain fails, up to millions of people are impacted.

I have seen many speculators in this forum use this line of reasoning, which basically is "nothing is perfect, pragmatism is how business gets done in the real world".

I am all for pragmatism, but that reasoning does not apply in this case of comparing say Ethereum to for example Monero or Bitcoin, because when a project fails on its fundamentals then it crashes and burns, e.g. the fork of Stellar's consensus algorithm (which was copied from Ripple) before SCP was invented nearly destroyed the Stellar project. That argument about pragmatism does apply in other contexts obviously. I used pragmaticism when I created CoolPage. It in fact never did import HTML but yet it was very popular as an HTML editor because people liked the easy-to-use pixel perfect WYSIWYG placement of photos and text.

Bitcoin's promised Nash equilibrium has never failed (well there was a bug once or twice that required centralized intervention). It was always specified that the 51% attack is a threat. We can say that the 65% of the hashrate that the Chinese miners allegedly control has enabled them to veto the adoption of any block size increase and they effectively have 51% attacked Bitcoin presumably so they can drive transaction fees higher so they can increase profits for the oligarchy they have controlling Bitcoin (and I read yesterday they are also blocking Classic's doubling to 2MB).

So therefor and also including the scalecopalyse ongoing, that Bitcoin is not perfect. However the salient distinction is that Bitcoin has performed exactly as the white paper said it would. Even Satoshi had admitted that Bitcoin would likely become centralized over time in order to scale.

So Bitcoin has been basically perfect to its specification. Bitcoin has been reliable to the specification and I for one have been working on how to solve the issues that Satoshi did not attempt to solve w.r.t. to scaling and centralization. I think I have that solution and I am working on specifying it formally and implementing it (if I can stop foruming!).

Whereas, so many of the alt-coins have either no or insufficient specification (e.g. VanillaCoin, Ethereum, MaidSafe) or their specification is flawed and can't every work at all (e.g. Ethereum, Storj, Filecoin, etc). There is another class of specifications that is very thorough and will work but only with centralization that they do not fully admit in the specifications (e.g. Ripple, Iota, Stellar's SCP).

Click the links in the prior paragraph for the gory details.

In my next post in this thread, I will try to further explain why Ethereum can't adhere to its implied specification (and I write 'implied' because afaik there is no coherent specification for Casper, one has to piece together the puzzle from presentations by the developers).

[TPTB_need_war]

The failure of faucets as a distribution paradigm is an important economics lesson.

What it teaches us if that users only do a mundane activity with no value to obtain coins, then they don't value the coins very much either.

If we want to distribute coins to users and have them place a high value on them, then either they must expend their money (e.g. ICO or cost of PoW mining) or some other way they can express value through an activity.

The design of my marketing plan hinges on this observation.

Not necessarily. If the partitions are provably self-contained then all partitions can be added to the same block without having partitions validate each other.

As long as the block producers are aware of all partitions, this is valid.

But do they have an incentive to? Is the Nash equilibrium lost?

This was one of the issues I had to work through in my design.

[TPTB_need_war]

pre mine is a big no, but i don't care if it is POS or anything else as long as it can survive and its price goes up.

And if there is a premined coin with 1 millions users and growing faster than Bitcoin, then you are just going to let the train leave the station with you left behind because of your irrational bias?

Do you really think you can fork an inertia like that.

If the price of Monero in bitcoin terms can be somewhere around 0.005, it is already very good. I hope that ratio can be kept long term.

The question is, how it can be pumped there.
The answear: by bidding it up there.

The next question is, how it is bidded there.
The trivial answear: by pouring money into Monero and bailing out the dumpers who eventually sell too early.

And why write that if you are confident  

Obviously the only reason to write that is to try to manipulate the psychology of others and cause them to want to buy so you can dump some.

True confidence comes with silence and massive adoption and feature sets.

Donation funding model or not, BS walks and action talks.

4. Most fundamentally to Synereo's design is I don't see how Greg's math model for the attention model (Reo & AMPs impacts) can be enforced on all nodes. I admit I didn't dig into the math and research he cites in the 56 page white paper (I do sort of understand it conceptually), but i think I don't need to because there is no way to enforce that all nodes will run the same math model. Additionally I think the concept of paying with AMPs to force content to move uphill against Reo is the wrong model, because the value of advertising is orders-of-magnitude smaller than the value that users get out of social networks. Thus the only model that makes economic sense is Reo. Removing AMPs of course destroys Synereo's funding and profit model, so would kill the project. Thus I don't expect them to adopt a corrected design.

Can you elaborate on the bolded part of your statement?

Go back to the prior Synereo thread I linked to and find the link that shows how much download music pays per play funded by advertising. You can see that "Don't Worry, Be Happy" with 30 million plays earned a $1000 in payouts. Certainly the value people get out of the music is worth much more than the advertising and this is apparently why free music distribution sites such as SoundCloud is transitioning away from advertising model towards a subscription and track sales model a la Spotify and BandCamp.

What people want to find on social networks is what other people want to share. They don't want to find what people were motivated to pay to spam them with. The Knowledge Age economy will be about quality of production, not salesmanship.

The entire paradigm of commerce and production is changing to one of merit and social benefit.

I never take any new altcoin seriously.

Then you won't necessarily buy at the very low prices if Bitcoin's adoption and price history is duplicated.

Of course though I agree with you, but I can analyze which coin will be the next Bitcoin so I will likely know it very early. You probably can't.

Yours would be the only altcoin I would not hesitate to buy right off the bat, no questions asked.  And you are absolutely right about my skill set.

Thank you but that also makes me feel uncomfortable. Hopefully you will invest on the merits of the product, not just the developer. There is a big difference between talking here on the forum and performing as a developer. I have to make that transition.

Thanks again for the encouragement.

Maybe I can sign off with this message. Hope so...

[incognitoworker]

Very interesting discussions here, long time lurker and follower of your posts TPTB.
Your inputs and comments are truly a asset to all of us.
Sent you a PM several months back, wonder if you ever got it?

IW

Sup homie 

Hey man
Still remember our convos, we are still moving along with our plans.
You got my email, use that as comunication..

IW

[TPTB_need_war]

I recorded a video of myself to try to explain some of these issues:

http://coolpage.com/commentary/economic/shelby/Shelby_Ethereum_Paradox.avi

[TPTB_need_war]

My filipina gf likes this app Smule wherein she can do karaoke with songs, but smule requires her to pay a monthly subscription to use the app in solo mode and she doesn't have a credit card. Thus she deleted the app. She also deleted the BandCamp app for the same reason.