[ANN] CryptoLife.net - Hard hitting cryptocurrency news and analysis

[Simran]

I might open up a competing blog, Hazard!

[Hazard]

How about guest writing an article?

[Hazard]

New advertising platform launched

http://cryptolife.net/advertising

[Hazard]

New article posted, Crytocurrency is inflationary, not deflationary.


http://cryptolife.net/crytocurrency-is-inflationary-not-deflationary/

[Hazard]

New article about Feathercoin. A coin you should definitely not invest in.

http://cryptolife.net/an-in-depth-look-at-feathercoin-the-coin-that-started-it-all/

[challen]

No doubt I will ruffle a few feathers along the way, but that's fine.

"Let the truth set you free"

I see what you did there!

[Buffer Overflow]

New article about Feathercoin. A coin you should definitely not invest in.

http://cryptolife.net/an-in-depth-look-at-feathercoin-the-coin-that-started-it-all/

I was unaware Feathercoin uses the same genesis block as Litecoin....

Just confirmed it myself. I'm lost for words.

[tokyoghetto]

can you do an unbiased article about IFC. about its launch, devs, community and current situation.

I also seen that your post in the "FTC Oxford" thread was deleted. that sucks.

[Buffer Overflow]

I also seen that your post in the "FTC Oxford" thread was deleted. that sucks.

Yes, I've just inquired about that. It was off-topic apparently, so had to be quickly removed.
If the article had shone Feathercoin in a good light, but still off-topic, would it of been also removed? I think not.

[Hazard]

can you do an unbiased article about IFC. about its launch, devs, community and current situation.

I'll add it to the list.

I also seen that your post in the "FTC Oxford" thread was deleted. that sucks.

Along with a bunch of other ones. Who knows. Didn't get a proper explanation.

[Hazard]

New article about digitalcoin: http://cryptolife.net/digitalcoin-the-diamond-in-the-rough/

[QuantPlus]

New article posted, Crytocurrency is inflationary, not deflationary.


http://cryptolife.net/crytocurrency-is-inflationary-not-deflationary/

There are going to be 20% more BTC in the next year... ALL going to rich ASIC miners.

That is a 20% Security/Mining Tax that is siphoned off every year and largely hoarded...
With increasing demand = definition of a deflationary currency.

You cannot run an economy with a deflationary currency...
Because you cannot make long-term loans, inflate with economic growth, etc...
BTC will end up as "internet gold" once other crypto-currencies blow by it.

Love your blog. We need a Sheriff in town.

[Hazard]

The only people profiting off mining these days are the companies selling the ASICs... With the sheer amount of ASICs being released onto the market, mining is not nearly as lucrative as it was a few months ago. A 60 GH unit will net you about 0.16 BTC a day right now, and even less after the next difficulty change happens. I imagine many will never make their initial investment back.

BFL units, block eruptors, and the original asicminer blades are already bordering on unprofitable to run, unless electricity is free.

I guess pool operators are profiting pretty handsomely too. But the ASIC owners are definitely getting the worst end of the bargain.



Several months ago I would have agreed with you; the original avalon 20 GH units and ASICMiner were ridiculously profitable. But with the proliferation of ASICS, miners are definitely earning their btc now.

[r32godzilla]

New article about digitalcoin: http://cryptolife.net/digitalcoin-the-diamond-in-the-rough/

Nice article on DGC. Well done. 

[dreamhouse]

New article about digitalcoin: http://cryptolife.net/digitalcoin-the-diamond-in-the-rough/

Nice article on DGC. Well done. 

Lol, DGC no premine? No need to brag and everyone can see the DGC premine here in this 96-hour diagram:
http://cryptometer.org/digitalcoin_96_hour_charts.html

Also I can hardly believe a famous scamcoin maker now becomes "unbias" alt coin commentator. Those who were in this forum 5-6 months ago know how many samecoins you made here, including a famous V-coin:
https://bitcointalk.org/index.php?topic=221190.0

and her companion S-coin already in cryptsy, why not make an effort to put her there too

Going through your articles in CryptoLife, a part from this one sounds pretty flattering, the rest seem pretty decent. Good job, Hazard!

[r32godzilla]

New article about digitalcoin: http://cryptolife.net/digitalcoin-the-diamond-in-the-rough/

Nice article on DGC. Well done.  

Lol, DGC no premine? No need to brag and everyone can see the DGC premine here in this 96-hour diagram:
http://cryptometer.org/digitalcoin_96_hour_charts.html

Also I can hardly believe a famous scamcoin maker now becomes "unbias" alt coin commentator. Those who were in this forum 5-6 months ago know how many samecoins you made here, including a famous V-coin:
https://bitcointalk.org/index.php?topic=221190.0

and her companion S-coin already in cryptsy, why not make an effort to put her there too

Going through your articles in CryptoLife, a part from this one sounds pretty flattering, the rest seem pretty decent. Good job, Hazard!

Are you still going on about a premine? Laughable. Dgc is widely regarded as amongst the fairest launched alt coins ever. Even you yourself said so here:

https://bitcointalk.org/index.php?topic=264938.msg2836952#msg2836952

As mentioned in that thread:

First DGC Block (excluding genesis block of 50 DGC) was mined at 09:57:27 AM(UTC), about a minute and a half after the client was launched at 09:55:53 AM (UTC)

Take a chill pill Phil.

[kelsey]

Also I can hardly believe a famous scamcoin maker now becomes "unbias" alt coin commentator.

so much bias there I wont give the site the benfit of another click. u can bet he talks such crap just to get attention.

[dreamhouse]

New article about digitalcoin: http://cryptolife.net/digitalcoin-the-diamond-in-the-rough/

Nice article on DGC. Well done.  

Lol, DGC no premine? No need to brag and everyone can see the DGC premine here in this 96-hour diagram:
http://cryptometer.org/digitalcoin_96_hour_charts.html

Also I can hardly believe a famous scamcoin maker now becomes "unbias" alt coin commentator. Those who were in this forum 5-6 months ago know how many samecoins you made here, including a famous V-coin:
https://bitcointalk.org/index.php?topic=221190.0

and her companion S-coin already in cryptsy, why not make an effort to put her there too

Going through your articles in CryptoLife, a part from this one sounds pretty flattering, the rest seem pretty decent. Good job, Hazard!

Are you still going on about a premine? Laughable. Dgc is widely regarded as amongst the fairest launched alt coins ever. Even you yourself said so here:

https://bitcointalk.org/index.php?topic=264938.msg2836952#msg2836952

As mentioned in that thread:

First DGC Block (excluding genesis block of 50 DGC) was mined at 09:57:27 AM(UTC), about a minute and a half after the client was launched at 09:55:53 AM (UTC)

Take a chill pill Phil.

Excuse me? Are you blind? or you pretend to be blind? take a look again at the 96-hour curve, it is generated from the blockchain, and it does not lie:
http://cryptometer.org/digitalcoin_96_hour_charts.html

1st hour: 4099 blocks mined, or 9698 DGCs, with diff at 0
2nd hour: only 102 blocks mined, diff at virtually 0 too.
3rd hour and afterwards, normal blocks mined considering instamining at the beginning.

What these mean? clearly, dev premined 1st hour (and some portion of 2nd hour), for something about 10000 DGCs, then he started to launch the coin in the forum etc, causing virtually no mining at hour 2, then from hour 3 and onwards, you see people joined and hashrate/diff increase, with clear instamining to about hour 6.

The curves say all, everyone please look at the curves and judge yourselves.

I have to say that 10000 DGCs premined by dev is not many, especially compared to some coins at that time such as CNC, FTC, etc, but don't tell me there's no premine.

[bholzer]

Obviously everything he writes is self-serving -- why else would he do it? As was mentioned earlier, this guy is famous for making scamcoins. Once the average altcoin investor became a bit less naive, his lather, rinse, repeat scamcoin profits began to drop. Every article he writes will praise coins that he is holding...and rip apart coins he isn't. He is (erroneously) assuming that people will take him seriously and his self-serving articles will affect trading/mining decisions.

His Megacoin review contains blatantly false information that can easily be completely discredited (this is how I stumbled upon his blog.) I haven't taken the time to really look through anything else...but it's pretty obvious this bozo is motivated by greed. Just by all of us talking about him, regardless of whether it's positive or negative, we're continuing to inflate his massively oversized ego.

[r32godzilla]

New article about digitalcoin: http://cryptolife.net/digitalcoin-the-diamond-in-the-rough/

Nice article on DGC. Well done.  

Lol, DGC no premine? No need to brag and everyone can see the DGC premine here in this 96-hour diagram:
http://cryptometer.org/digitalcoin_96_hour_charts.html

Also I can hardly believe a famous scamcoin maker now becomes "unbias" alt coin commentator. Those who were in this forum 5-6 months ago know how many samecoins you made here, including a famous V-coin:
https://bitcointalk.org/index.php?topic=221190.0

and her companion S-coin already in cryptsy, why not make an effort to put her there too

Going through your articles in CryptoLife, a part from this one sounds pretty flattering, the rest seem pretty decent. Good job, Hazard!

Are you still going on about a premine? Laughable. Dgc is widely regarded as amongst the fairest launched alt coins ever. Even you yourself said so here:

https://bitcointalk.org/index.php?topic=264938.msg2836952#msg2836952

As mentioned in that thread:

First DGC Block (excluding genesis block of 50 DGC) was mined at 09:57:27 AM(UTC), about a minute and a half after the client was launched at 09:55:53 AM (UTC)

Take a chill pill Phil.

Excuse me? Are you blind? or you pretend to be blind? take a look again at the 96-hour curve, it is generated from the blockchain, and it does not lie:
http://cryptometer.org/digitalcoin_96_hour_charts.html

1st hour: 4099 blocks mined, or 9698 DGCs, with diff at 0
2nd hour: only 102 blocks mined, diff at virtually 0 too.
3rd hour and afterwards, normal blocks mined considering instamining at the beginning.

What these mean? clearly, dev premined 1st hour (and some portion of 2nd hour), for something about 10000 DGCs, then he started to launch the coin in the forum etc, causing virtually no mining at hour 2, then from hour 3 and onwards, you see people joined and hashrate/diff increase, with clear instamining to about hour 6.

The curves say all, everyone please look at the curves and judge yourselves.

I have to say that 10000 DGCs premined by dev is not many, especially compared to some coins at that time such as CNC, FTC, etc, but don't tell me there's no premine.

The first dgc post by the dev Baritus was announced 18th of May. This was a PUBLIC announcement. The client was then released on the 20th of May at 09:55:53 AM (UTC) followed by the first block mined shortly after at 09:57:27 AM(UTC) as stated on that chart you linked. Hence mining was open to EVERYONE.  Its not rocket science. Learn the definition of a premine before you make yourself look any more stupid.