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kslaughter (OP)
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January 15, 2014, 07:46:22 PM |
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Colored Coins... that way if all goes to shit I can at least claim to have some of the first shares ever distributed in a decentralized manner using colored coins.
I like the idea of colored coins. However, it seems we would be beta testing colored coins with our shares. Is this a good idea? What if there is a bug? How will this get fixed. Is this a good idea to be beta testing with shares? We would first beta test on Bitcoin's testnet network, nothing to lose. |
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mannybitcoins
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January 15, 2014, 07:47:27 PM |
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Colored Coins... that way if all goes to shit I can at least claim to have some of the first shares ever distributed in a decentralized manner using colored coins.
I wonder if being first might give us a bit of publicity as well. +1 |
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JoTheKhan
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January 15, 2014, 08:13:07 PM |
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Weekly Update 1/15/2013
Here in San Jose working with our partners to move our projects down the line. The RTL problem has been solved and I will be releasing more information about this over the next month. I will also over the next month be releasing the timeline on our chips as the information becomes available to us.
Kenneth E. Slaughter, CEO/CTO
Active Mining Corporation
Virtual Mining Corporation
The RTL problem has been solved - Good Job! I will be releasing more information about this over the next month - More information about what exactly? The RLT problem, well it's solved now so I don't think it matters too much. How about some other information instead. Hire an accountant and get them to do a company audit maybe? I will also over the next month be releasing the timeline on our chips as the information becomes available to us - I wonder what is available to you now and what is not. Estimated Processing Power/power consumption? Can we get an update about exactly what has hashing in november, my curiosity has peaked. |
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MPOE-PR
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January 15, 2014, 08:40:41 PM |
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Colored Coins... that way if all goes to shit I can at least claim to have some of the first shares ever distributed in a decentralized manner using colored coins.
I like the idea of colored coins. However, it seems we would be beta testing colored coins with our shares. Is this a good idea? What if there is a bug? How will this get fixed. Is this a good idea to be beta testing with shares? Decentralized solution that is in beta vs. a repeat of GLBSE/BTCT/Bitfunder/etc. I feel more secure with the former, personally. The divide is not about decentralization vs centralization. The divide is about shitty non-stocks that operate on shitty non-exchanges as opposed to actual businesses that trade on a real exchange. So long as what you've got is a bucket of failure, it will fail no matter what sort of wrapping you try to put on it. Losing coins sucks. Continuing to hold onto your buckets of bullshit after the ineptitude of the operator has been amply demonstrated is nothing short of retarded. And in clutching your bullshit in an attempt to believe for another day that you didn't make a wretched, screaming, ugly mistake, you're adding to the mountains of shilly, uninformed but over-enthusiastic bullshit new people have to wade through in order to reach a single sentence of sense. You're not just screwing yourselves, you're slowing the progress of newcomers. Learn some responsibility ffs. |
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minerpart
Sr. Member
 Offline
Activity: 280
Merit: 250
IIIIII====II====IIIIII
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January 15, 2014, 08:44:38 PM |
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I also vote Coloured coins - beta or not they sound like they will be a significant aspect of the future of btc and so longterm they have far more potential to serve us than an exchange in HK. I'm sure most people know HK is under Chinese rule now so if the crackdown/slowdown continues the Chinese SEC could close CT down.
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coinfresh
Member
Offline
Activity: 88
Merit: 10
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January 15, 2014, 08:48:17 PM |
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I like the idea of colored coins. However, it seems we would be beta testing colored coins with our shares. Is this a good idea? What if there is a bug? How will this get fixed. Is this a good idea to be beta testing with shares?
Colored coins are just as good as any other coins. There are no bugs dude, that's just racist. Ha, no racism. Just curious. Colored coins it is! |
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mannybitcoins
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January 15, 2014, 08:54:58 PM
Last edit: January 15, 2014, 09:07:15 PM by mannybitcoins |
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Disregard MPOE-PR, she literally gets paid to troll on threads and plug MPEX.
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Ozymandias
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January 15, 2014, 09:05:47 PM |
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Colored Coins... that way if all goes to shit I can at least claim to have some of the first shares ever distributed in a decentralized manner using colored coins.
I like the idea of colored coins. However, it seems we would be beta testing colored coins with our shares. Is this a good idea? What if there is a bug? How will this get fixed. Is this a good idea to be beta testing with shares? Decentralized solution that is in beta vs. a repeat of GLBSE/BTCT/Bitfunder/etc. I feel more secure with the former, personally. -snip verbal diarrhea- Disregard MPOE-PR, she literally gets paid to troll on threads and plug MPEX. If you're going to recommend people ignore/disregard someone, it helps to not quote them or to at least -snip- out the quote |
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mannybitcoins
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January 15, 2014, 09:07:50 PM |
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If you're going to recommend people ignore/disregard someone, it helps to not quote them or to at least -snip- out the quote
True. Edited. |
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MPOE-PR
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January 15, 2014, 09:17:39 PM |
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If you're going to recommend people ignore/disregard someone, it helps to not quote them or to at least -snip- out the quote
True. Edited. Yes, let's pretend that ideas that don't support our idiocy necessarily stem from evil. Just 'cause you're married to your trench doesn't mean newer and less idiotic people are inclined to be, as well. While we're at it, let's burn all the books and pluck the stars from the sky, that none shall shine more brightly nor record themselves more clearly than Manny. And fuck bitcoin altogether, Manny shall simply edit out of the world that which doesn't tolerate his stupidity. Except we're not a fantasy playing out in your head, this is life, and this is bitcoin, and it doesn't give one whit for your preference of comfort over truth. If you can't handle that, the answer is to dick around with table top games for a while or whatever, not to vainly attempt to squelch me. |
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mannybitcoins
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January 15, 2014, 09:21:43 PM |
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If you're going to recommend people ignore/disregard someone, it helps to not quote them or to at least -snip- out the quote
True. Edited. Yes, let's pretend that ideas that don't support our idiocy necessarily stem from evil. Just 'cause you're married to your trench doesn't mean newer and less idiotic people are inclined to be, as well. While we're at it, let's burn all the books and pluck the stars from the sky, that none shall shine more brightly nor record themselves more clearly than Manny. And fuck bitcoin altogether, Manny shall simply edit out of the world that which doesn't tolerate his stupidity. Except we're not a fantasy playing out in your head, this is life, and this is bitcoin, and it doesn't give one whit for your preference of comfort over truth. If you can't handle that, the answer is to dick around with table top games for a while or whatever, not to vainly attempt to squelch me. Look, not saying you're evil or anything, I actually find some of your points to be valid. Just saying you have a financial incentive to post on here and bash anything that is not MPEX, and then plug it as well. I've seen it in the CasinoBitcoin thread, this one, and others. Nothing new. EDIT: Last post I'm gonna make in regards to you, but btw you never answered my question in the CasinoBitcoin thread (What HTML5 Roulette game do you think is best). PM me your answer if you have one. RE-EDIT: You should write books by the way, I like your writing style. Fiction of course!  |
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aquarius
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January 15, 2014, 09:23:36 PM |
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Repost from yesterday for those who may have missed it buried in the fud. Personally I will also be opting for Colored Coins....
I contacted killerstorm of Coloured Coins/Chroma Wallet to see if I could get some information regarding their progress and here's what I have.
[...]
Thanks for the post zumzero!  |
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MPOE-PR
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January 15, 2014, 09:30:47 PM |
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Look, not saying you're evil or anything, I actually find some of your points to be valid. Just saying you have a financial incentive to post on here and bash anything that is not MPEX, and then plug it as well. I've seen it in the CasinoBitcoin thread, this one, and others. Nothing new.
I am paid to review these forums and post sense. Sometimes that means introducing people to MPEx, or announcing a service therein. Sometimes that means pointing out to people that they're not making sense, meeting standards, or whathaveyou. This is frequently met with hostility, as people do not like confronting their own mistakes. Often enough, the point has to be ground into the very earth. It'd be fantastic if the former sorts of posts were all I had to do. Given the state of this place, and the shocking levels of idiocy particularly in securities, it's simply not the case. |
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zumzero
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January 15, 2014, 09:47:22 PM |
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That's all fine but you won't get much respect when you appear from nowhere and launch into a tirade of foul mouthed abuse and offend people the way you did.
I like your writing style as well, it's a shame you started the way you did as you really won't achieve your purpose because of this.
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VinceSamios
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January 15, 2014, 09:58:56 PM |
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Weekly Update 1/15/2013
Here in San Jose working with our partners to move our projects down the line. The RTL problem has been solved and I will be releasing more information about this over the next month. I will also over the next month be releasing the timeline on our chips as the information becomes available to us.
Kenneth E. Slaughter, CEO/CTO
Active Mining Corporation
Virtual Mining Corporation
Prediction - Ken decided to move from NExtreme to Easiccopy. Why? Chip costs were too high, efficiency was too low, and Ken saw a major fallout as a result and made a hard decision. If this is the case, I will jizz my pants because it's awesome... but pure speculation. I think Vince gets 'Man on the match' for this! "easicopy ASIC provides OEMs with a seamless path from a eASIC Nextreme or Nextreme-2 NEW ASIC to a, cell-based, easicopy ASIC thereby enabling OEMs to further reduce device cost and power consumption, or increase performance." If this speculation turns out to be accurate then people are going to quickly change their views and this thread will finally start to see the back of the detractors. It would explain EVERYTHING. Thanks for those links knybe, will have a read. Dude I'm so bullish right now... |
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VinceSamios
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January 15, 2014, 10:01:13 PM |
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Personally I'd rather direct shares than coloured coins - too new, too untested.
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zumzero
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January 15, 2014, 10:31:52 PM |
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I too am feeling very optimistic Vince. What a roller coaster though! I'm figuring that it'll be no coincidence to see the knowledge vacuum replaced around the same time we are able to trade shares again. Edit: perhaps the CT delay occurred so that CC would release at the same time? It's almost as if someone has been sticking to a plan. Either way it's looking like we are in for some very interesting updates in the next few weeks.
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lobbes
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January 15, 2014, 10:46:28 PM |
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Colored Coins... that way if all goes to shit I can at least claim to have some of the first shares ever distributed in a decentralized manner using colored coins.
I like the idea of colored coins. However, it seems we would be beta testing colored coins with our shares. Is this a good idea? What if there is a bug? How will this get fixed. Is this a good idea to be beta testing with shares? Decentralized solution that is in beta vs. a repeat of GLBSE/BTCT/Bitfunder/etc. I feel more secure with the former, personally. The divide is not about decentralization vs centralization. The divide is about shitty non-stocks that operate on shitty non-exchanges as opposed to actual businesses that trade on a real exchange. So long as what you've got is a bucket of failure, it will fail no matter what sort of wrapping you try to put on it. Losing coins sucks. Continuing to hold onto your buckets of bullshit after the ineptitude of the operator has been amply demonstrated is nothing short of retarded. And in clutching your bullshit in an attempt to believe for another day that you didn't make a wretched, screaming, ugly mistake, you're adding to the mountains of shilly, uninformed but over-enthusiastic bullshit new people have to wade through in order to reach a single sentence of sense. You're not just screwing yourselves, you're slowing the progress of newcomers. Learn some responsibility ffs. Yes, I agree that there are some overly-enthusiastic people here. However, do you suggest bag-holders just give up? Why would the ability to trade shares be a negative thing, regardless of what you hold? Also, if you really wanted to give good advice to 'newcomers,' here it is: BTC appreciates just fine on its own. No need to invest it in anything. This includes paying the 30 BTC fee to use MPEx (although, to be fair, you can get around this fee by using a broker) Note: I'm quoting you because I like to read opposing viewpoints (and yes everyone has special interests/biases). I believe this is to be the greatest strength to this community (unlike the hive-mind that is Reddit, ugh). |
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stenkross
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January 15, 2014, 10:47:26 PM |
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Personally I'd rather direct shares than coloured coins - too new, too untested.
+1 If we are going with CC, regard this: Person X buys shares for 100 BTC, but due to some yet unknown bug in the shiny new CC system the coins are lost. Who is the support? Will the user get his coins back, or replenished by the issuer? As a developer myself I do not feel to comfortable with being beta tester with real coins and shares. |
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