[ANN] [MΣC] Megacoin.co.nz - Forum, Github, Website Now in 18 Languages

[mullick]

Most likely just suspended due to an issue with the blockchain. Ill get yo more info when i can But im sure all coins are safe

[Nordstern]

so what about our coins holding there?

Gone?   I can still see MEC under my pending orders, but balances I had disappeared...

for me no MEcs are visible. whole Magecoin is gone.

[Mike18feb]

Probably Kimoto's Gravitity Well 

[AnonyMint]

Megacoin and Anoncoin can't provide these...check AnonyMint's posts.

If you're reading and belive in what the deluded person with only basic understandings of economics is writing, you're deluded and ignorant yourself.
+1 for him mostly talking to himself in his own thread.

Next up:

Or this:
https://bitcointalk.org/index.php?topic=279771.0

And btw ZC is not sufficient by itself for total anonymity/privacy.

You want at least combined features of Megacoin/Anoncoin (or zerocoin/anoncoin).

Anoncoin isn't anonymous. Who said that zerocoin is not sufficient by itself for total privacy?
Has anyone used a working zerocoin protocol in a coin to test this assumption? No.
It's all in theory.

https://bitcointalk.org/index.php?topic=279249.msg3009655#msg3009655

I am invalidating some of what I wrote in that post, there is a case where we need a laundry and don't want to use paypal or a credit card, i.e. we want to reveal our identity but not overtly to our bank (or the merchant can't accept paypal) yet we want to delink that back to our public key for our coin.

I have written down that invalidation in that thread.

Anoncoin (over I2P not Tor) is anonymous against most privacy adversaries but potentially not against the traffic analysis (data mining) capabilities of an NSA adversary, since I2P isn't yet HIGH-latency enabled (to defeat timing analysis). Tor may already be a data mining operation of the NSA, because it only does 3 hops and the servers are not all the clients (thus handling a lot of traffic and have to be funded somehow, who do you think is funding the Tor servers? It only takes 1 or 2 or 3 in your onion route to give you away, especially when coupled with traffic timing analysis).

We need to be careful about summarizing at this point, because many issues are still being debated.

About my economics understanding, Moldbug is correct there can only be one cypto-currency remaining at the end, and the reason is the nature of unit-of-account versus store-of-value (specifically see linked point #2), i.e. only the majority will choose. Perhaps there could be others that exist not as the unit-of-account, e.g. ones that are more anonymous but shunned by the majority because they are, yet they will be outcasts/fringe.

Guys I need to stay focused on technical analysis (in technical threads) so I may not be able to follow the discussion here.

His reply is pointless.
Those 3 points.. I haven't done a single one of those. Modified ubuntu machine for bitcoin only, behind a vpn and additonal 2 proxies at the moment.

Those servers are linked back to your IP address, because the NSA can see all the traffic. Encrypting what is inside your packet doesn't always help, because of timing analysis. Also they can compel by court order the VPNs to turn over logs.

[Lauda]

So Kimoto's gravity well using time dialation, this seems interesting   

[Nordstern]

So Kimoto's gravity well using time dialation, this seems interesting   

maybe its only a big bag hooverings everyones megacoins...

[X68N]

NOOOO, MEC vanished from Cryptsy.
Plese reinstall them.

[Nordstern]

it rumors that the fork is beeing installed... i think big buys will going on then... 

[cgminer-o]

Mec is on Cryptsy

[vtr99]

Mec is on Cryptsy

Anytime there is a fork, trading that coin on Cryptsy is temporarily suspended until they are satisfied everything is normal. Lebowskis are still off the market due to a possible fork that was not announced. The outage on Megacoin was minimal.

cgminer-o, I think your estimate of $1 per Megacoin is a bit pessimistic. Before long I expect we will give Litecoin a challenge.  

[shellbunner]

Mec is on Cryptsy

cgminer-o, I think your estimate of $1 per Megacoin is a bit pessimistic. Before long I expect we will give Litecoin a challenge.  

Oh I like your thinking!! Megacoin over a $1 would make me VERY happy!!!

[vtr99]

Mec is on Cryptsy

cgminer-o, I think your estimate of $1 per Megacoin is a bit pessimistic. Before long I expect we will give Litecoin a challenge.  

Oh I like your thinking!! Megacoin over a $1 would make me VERY happy!!!

Just a matter of time before everyone else figures out Megacoin is the best! Looks like we are about to test Kimoto's mod. Difficulty is down, and the network hash rate is rising fast. (currently #3 on Coinchoose.com)

Go Megacoin!

[Lauda]

Well the fork is late 

[vtr99]

Well the fork is late 

What do you mean the fork is late? Looks like it's working as expected.

[blarg]

so the fork was the difficulty adjustment? and doesnt require a client update?

[vtr99]

so the fork was the difficulty adjustment? and doesnt require a client update?

That is my understanding.   I believe it was applied about 11 hours ago.

[Lauda]

so the fork was the difficulty adjustment? and doesnt require a client update?

That is my understanding.   I believe it was applied about 11 hours ago.

That's it? The difficulty adjustment formula? 

[vtr99]

so the fork was the difficulty adjustment? and doesnt require a client update?

That is my understanding.   I believe it was applied about 11 hours ago.

That's it? The difficulty adjustment formula? 

That was really the only urgent issue. Smooth sailing through block 63k and beyond. 

[blarg]

so the fork was the difficulty adjustment? and doesnt require a client update?

That is my understanding.   I believe it was applied about 11 hours ago.

That's it? The difficulty adjustment formula?  

That was really the only urgent issue. Smooth sailing through block 63k and beyond.  

full speed Captain! right into the eye of the Kimoto Gravity Well!

[Lauda]

That was really the only urgent issue. Smooth sailing through block 63k and beyond. 

So the adjustment is already working?