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Author Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World!  (Read 354401 times)
publicjud
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January 14, 2014, 12:44:40 AM
 #161


Okay, a few more concerns I was wondering about.

What happens if Bitcoin becomes massively unpopular? Like say, for whatever reason, people decided Bitcoin was too inflexible, and decided to move to a new currency, and this new currency wasn't ixcoin. Wouldn't the network hashrate drop significantly, and the network would then be massively insecure? At this point, wouldn't a coin such as Securecoin do a better job at protecting itself, as it would be difficult to have many computers attacking its multiple hashing algorithms?

Decentralized crypto currencies like Bitcoin gain their security by the number of participants that are mining the coin.

Just because you have a more complex proof of work algorithm like scrypt or secure coin ( 7 different hashes ) does not make it more secure if you don't have a lot of miners mining the coin.  

Bitcoin gains its value on what is called Metcalfe's Law,  wherre the utility of the network grows with the square of the number of users.   As more miners join Bitcoin mining becomes more secure.

That is what you just don't understand

(1) Fast block rates make a network less secure.
(2) Harder Proof of Works schemes like Scrypt, Scrypt_Jane, Chains of different hash functions,  Memory hard schemes only change the nature of the machines that mine the coin,  but you still need a lot of miners to secure a coin.  With Bitcoin (an iXcoin), you not only need a lot of miners,  you need very expensive miners.  



I guess what you don't understand is when there are only a hand full of pools that control 95% of the hash power in bitcoin, then you really aren't any more secure than an alto-coin having 5 miners.
Anyone of the 5 big bitcoin pools could go rouge and attempt a 51% attack.  So while it's true bitcoin has a huge amount of hash, remember most of the hash is controlled by only a hand full of pool operators.

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January 14, 2014, 12:57:04 AM
 #162

litecoin would take over if bitcoin lost popularity.

or maybe lotto. (very low chance)


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January 14, 2014, 01:09:53 AM
 #163

litecoin would take over if bitcoin lost popularity.

or maybe lotto. (very low chance)



Lotto?

Ahahaaaa.

Litecoin is a ShitCoin of circumstance which happened to be in the right place at the right time.

Litecoin has robbed the masses with their crappy scrypt algorithm.  Just imagine now merge mining bitcoin and Litecoin and another 100 coins.  You'd be rich.

But thanks to the idiots from Litecoin you're stuck paying a ton of money for inefficient hardware to mine a ShitCoin [and only one single ShitCoin] with no future while unable to mine the real coin, Bitcoin and the future, iXcoin.

That's what litecoin gave the masses.  Inefficiencies and the inability to mine bitcoin or to merge mine more than one coin. It was the perfect deterrent while the smart money bought asics and mined the coins that mattered. 

Brilliant move which the sheep fell for.

And now you think this deterrent will replace bitcoin with its weak, inferior and unsecured network?

Bhahahahaaaaa.

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January 14, 2014, 01:11:15 AM
 #164

A little bit random.. Cheesy

Have You guys heard of ISON (ZION) comet?

Hey, smexy. Don't waste your time. Time's precious.
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January 14, 2014, 01:14:58 AM
 #165

A little bit random.. Cheesy

Have You guys heard of ISON (ZION) comet?


Brother, there's no random on any off my threads.  

You know this. lol.

Comet ison?  Yes.  Zion? Just the Biblical Zion, but why.

Side note:  someone is trying to buy ZionCoin dot com off me but I denied the offer.

He states he's got a team working on the coin planning to launch in 2 months.  He offered me $200 and I countered with $100,000 non negotiable.  Hahaha!  He of course laughed and hinted at me being insane. lol.

Just a little more random.  lol.

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January 14, 2014, 01:21:10 AM
 #166

A little bit random.. Cheesy

Have You guys heard of ISON (ZION) comet?


Brother, there's no random on any off threads. 

You know this. lol.

Comet ison?  Yes.  Zion? Just the Biblical Zion, but why.

Side note:  someone is trying to buy ZionCoin dot com off me but I denied the offer.

He states he's got a team working on the coin planning to launch in 2 months.  He offered me $200 and I countered with $100,000 non negotiable.  Hahaha!  He of course laughed and hinted at me being insane. lol.

Just a little more random.  lol.
haha, I said random because I don't believe in randomness Cheesy ( It was a little bit sarcastic Cheesy )

So, ISON, doesn't have to do with any coin ( no, not ZionCoin ).

ISON is ( was ) a comet which headed towards Sun at 25th of December ( If I'm not right, please correct me, bored to use google)
Astronomers said it's going to be the greatest comet of this century, but.. It burned when it reached the Sun.

After 4-5 days, they confirmed that the comet ISON was dead.

I was curious ( because I'm a paranoid mofo ) and googled it again, today. This is the result I found:

http://www.syracuse.com/news/index.ssf/2014/01/astronomy_expert_meteor_likely_in_upstate_new_york_but_was_it_caused_by_comet_is.html


So, the remains are STILL travelling in our galaxy, in form of dust and ''rocks'' Roll Eyes
( That dust and ''rocks'' are heading to earth )
So, if You watched the video I posted the other day "I pet goat II", You'll remember the scene with the comets.

Thoughts? ( in general )

Hey, smexy. Don't waste your time. Time's precious.
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January 14, 2014, 01:22:39 AM
 #167

I would love for someone to actually address this...


Anyone of the 5 big bitcoin pools could go rouge and attempt a 51% attack.  So while it's true bitcoin has a huge amount of hash, remember most of the hash is controlled by only a hand full of pool operators.



You can see there are about 4 main players in the bitcoin network.....  How is that secure again?  4 pools controlling 83% of the hash....

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January 14, 2014, 01:28:41 AM
 #168

KeizerSoze,

It depends if you believe in God and the Bible.

The bible talks about things like comets hitting the earth.  One part talks about a comet which breaks up [in pieces] before it hits, this sparing the earth.

Another verse talks about a mountain on fire hitting the sea.  Comets are often compared to mountains and when they enter our atmosphere they would be on fire.

So according to the bible a warning shot is coming and then a real comet will hit but it will hit water not land.

And the riddle gives an example of a father who promised to stone his son for he was evil. But later felt sorry but had to keep his word so he broke the stone into numerous pieces and then threw it at his son, thus keeping his word while inflicting only minor damage to his son.

All hell will break loose on earth eventually and I have a strong feeling it's gonna start soon, like well within our lifetime.

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January 14, 2014, 01:31:45 AM
 #169

PublicJud,

Your example is pointless as there's large pools for scrypt as well and that's always gonna be the case.

But the fact remains that there's way way way more massive hashing power for asics and for merge mined coins which makes those coins (SHA256) much more secure, pools or not.

I'm sure our Frictionless guy can give you a more detailed and technically professional answer to that.

Or MarkM, he's great, but he's a Brit and Brits are sleeping right now.

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January 14, 2014, 01:50:13 AM
 #170

KeizerSoze,

It depends if you believe in God and the Bible.

The bible talks about things like comets hitting the earth.  One part talks about a comet which breaks up [in pieces] before it hits, this sparing the earth.

Another verse talks about a mountain on fire hitting the sea.  Comets are often compared to mountains and when they enter our atmosphere they would be on fire.

So according to the bible a warning shot is coming and then a real comet will hit but it will hit water not land.

And the riddle gives an example of a father who promised to stone his son for he was evil. But later felt sorry but had to keep his word so he broke the stone into numerous pieces and then threw it at his son, thus keeping his word while inflicting only minor damage to his son.

All hell will break loose on earth eventually and I have a strong feeling it's gonna start soon, like well within our lifetime.
I'm not sure if I believe in ''God". I think I don't believe. ( Hope I wont be judged by anyone, either God, if he exist. I'm sorry God, I have no bad intentions [ Hope he has a internet connection lol])

I'm an agnostic. Not atheist, but agnostic. There is something, which I can admit. Just don't know if I should call it God, universe, form of Energy or anything else.

Whenever I think of Bible, I see our galaxy (universe sounds better, but I don't want to make this post long). 12 Apostles, 12 planets in our solar system. Jesus Chris, the Sun. ( I can keep going, but I don't want to get You bored )


I'm looking at everything from different angles. I agree 99% with all the things You said  now (1% goes ty my agnostic ego)
We're nothing than atoms. Atoms have a circle of life. Universe is a clock ( How I see universe )
It could have a malfunction, or it's ''programmed'' to act as it acts.

Hey, smexy. Don't waste your time. Time's precious.
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January 14, 2014, 02:12:17 AM
 #171

PublicJud,

Your example is pointless as there's large pools for scrypt as well and that's always gonna be the case.

But the fact remains that there's way way way more massive hashing power for asics and for merge mined coins which makes those coins (SHA256) much more secure, pools or not.

I'm sure our Frictionless guy can give you a more detailed and technically professional answer to that.

Or MarkM, he's great, but he's a Brit and Brits are sleeping right now.

As I understand it, PoS coin requires a miner to own a certain percent of the coin to have a right to a percent of the mining.  So one pool/miner can't just take over 51% of the mining without buying 51% of the coin.

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Vlad2Vlad
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January 14, 2014, 06:42:25 AM
 #172

PublicJud,

Your example is pointless as there's large pools for scrypt as well and that's always gonna be the case.

But the fact remains that there's way way way more massive hashing power for asics and for merge mined coins which makes those coins (SHA256) much more secure, pools or not.

I'm sure our Frictionless guy can give you a more detailed and technically professional answer to that.

Or MarkM, he's great, but he's a Brit and Brits are sleeping right now.

As I understand it, PoS coin requires a miner to own a certain percent of the coin to have a right to a percent of the mining.  So one pool/miner can't just take over 51% of the mining without buying 51% of the coin.


There are all kinds of ways to hijack any coin out there.

Bottom line is:  No matter how great a coin is, if the has grate is not very high then that coin is unsecure and therefore it's pointless and useless for any kind of mass adoption.

Satoshi knew what he was doing, and the facts are pretty clear but people push a lot of BS to confuse newbies and to get them to pump the latest Shitcoin.

That said:  There are currently only 3 or 4 coins out of some 200 good enough, secure enough and that have been time tested, to be seriously considered by the smart money a coin good enough for mass adoption and for a second ETF license.

And these alt coins are:  NameCoin, Devcoin and ixCoin.

NameCoin died unexpectedly last year [and it's a limited in scope coin] so there's no way it will ever be considered for mass adoption so we're down to just 2 real viable contenders and out of the 2 ixcoin is the best choice, in part because DevCoin is much more diluted and is set to print coins forever.  

Like I've been saying for 7 months:  Ignore the noise from all the ShitCoins, look at what's really important, security, cause most everything else is either just noise or they can be easily tweaked and updated, but the inferior unsecured networks of 99% of the alt coins will never be fixed, at least not in time to make any difference.

Buy your $100 worth of iXcoin while there is still time.  I am still shouting from the rooftops but not for much longer.

iXcoin - Welcome to the F U T U R E!
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January 14, 2014, 06:47:17 AM
 #173

PublicJud,

Your example is pointless as there's large pools for scrypt as well and that's always gonna be the case.

But the fact remains that there's way way way more massive hashing power for asics and for merge mined coins which makes those coins (SHA256) much more secure, pools or not.

I'm sure our Frictionless guy can give you a more detailed and technically professional answer to that.

Or MarkM, he's great, but he's a Brit and Brits are sleeping right now.

As I understand it, PoS coin requires a miner to own a certain percent of the coin to have a right to a percent of the mining.  So one pool/miner can't just take over 51% of the mining without buying 51% of the coin.


There are all kinds of ways to hijack any coin out there.

Bottom line is:  No matter how great a coin is, if the has grate is not very high then that coin is unsecure and therefore it's pointless and useless for any kind of mass adoption.

Satoshi knew what he was doing, and the facts are pretty clear but people push a lot of BS to confuse newbies and to get them to pump the latest Shitcoin.

That said:  There are currently only 3 or 4 coins out of some 200 good enough, secure enough and that have been time tested, to be seriously considered by the smart money a coin good enough for mass adoption and for a second ETF license.

And these alt coins are:  NameCoin, Devcoin and ixCoin.

NameCoin died unexpectedly last year [and it's a limited in scope coin] so there's no way it will ever be considered for mass adoption so we're down to just 2 real viable contenders and out of the 2 ixcoin is the best choice, in part because DevCoin is much more diluted and is set to print coins forever.  

Like I've been saying for 7 months:  Ignore the noise from all the ShitCoins, look at what's really important, security, cause most everything else is either just noise or they can be easily tweaked and updated, but the inferior unsecured networks of 99% of the alt coins will never be fixed, at least not in time to make any difference.

Buy your $100 worth of iXcoin while there is still time.  I am still shouting from the rooftops but not for much longer.

Yes there is a lot of shit coins, but in some cases there is also great marketing techniques.

Marketing and PR have a lot to do with early adoption, which leads to, mass adoption of y coin.

Hippie Tech
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January 14, 2014, 07:12:05 AM
 #174

Is this really just about the number 9 ?

Has the riddle been answered ? lol

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January 14, 2014, 07:13:13 AM
 #175

PublicJud,

Your example is pointless as there's large pools for scrypt as well and that's always gonna be the case.

But the fact remains that there's way way way more massive hashing power for asics and for merge mined coins which makes those coins (SHA256) much more secure, pools or not.

I'm sure our Frictionless guy can give you a more detailed and technically professional answer to that.

Or MarkM, he's great, but he's a Brit and Brits are sleeping right now.

As I understand it, PoS coin requires a miner to own a certain percent of the coin to have a right to a percent of the mining.  So one pool/miner can't just take over 51% of the mining without buying 51% of the coin.


There are all kinds of ways to hijack any coin out there.

Bottom line is:  No matter how great a coin is, if the has grate is not very high then that coin is unsecure and therefore it's pointless and useless for any kind of mass adoption.

Satoshi knew what he was doing, and the facts are pretty clear but people push a lot of BS to confuse newbies and to get them to pump the latest Shitcoin.

That said:  There are currently only 3 or 4 coins out of some 200 good enough, secure enough and that have been time tested, to be seriously considered by the smart money a coin good enough for mass adoption and for a second ETF license.

And these alt coins are:  NameCoin, Devcoin and ixCoin.

NameCoin died unexpectedly last year [and it's a limited in scope coin] so there's no way it will ever be considered for mass adoption so we're down to just 2 real viable contenders and out of the 2 ixcoin is the best choice, in part because DevCoin is much more diluted and is set to print coins forever.  

Like I've been saying for 7 months:  Ignore the noise from all the ShitCoins, look at what's really important, security, cause most everything else is either just noise or they can be easily tweaked and updated, but the inferior unsecured networks of 99% of the alt coins will never be fixed, at least not in time to make any difference.

Buy your $100 worth of iXcoin while there is still time.  I am still shouting from the rooftops but not for much longer.

Yes there is a lot of shit coins, but in some cases there is also great marketing techniques.

Marketing and PR have a lot to do with early adoption, which leads to, mass adoption of y coin.


Mass adoption of any digital coin cannot happen without the proper secured network.

But I agree that in the short run a lot of money can be made on any Alt coins, even ShitCoins, which are properly marketed or hyped.  It's a good time to trade hot coins and to accumulate the few with the best potential for the long term.

iXcoin - Welcome to the F U T U R E!
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January 14, 2014, 07:14:28 AM
 #176


Its an octopus. Octopus are known as devilfish. They have 8 legs which was also considered an evil number. The true origin of the number 666 having to do with a Hebrew numerical alphabetical code spelling Nero Caesar. The 666 thing gained ground, after he began in who persecuting Christians, and was thought to be the antichrist. 888 being his predecesor Emperor Claudius. Octopode are cold blooded, and live in the sea. Cathulu being related to the octopus (possibly the father?), "Lives and reigns and conquers the world" which his son takes from him.


The fortune comes in Online Octopus vending, a very lucrative trade, however holding the fortune will be a much greater and painful challenge, because octopus aquarium setups are expensive as hell. In my first setup, cost well over $3k. That and due to their short life expectancies, and amount of work that is required to keep them alive, it will be a painful, yet profitable endevor.

I win.



I love this post. I realy do.
 Grin

DΛRKCOIN -> is now -> DΛSH
----------
not DashCoin, not DarkDash, not anything. The Name has been / is changed the tech stays the same
Vlad2Vlad
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January 14, 2014, 07:17:13 AM
 #177

Is this really just about the number 9 ?

Has the riddle been answered ? lol


Lol, you know all my threads are bound to go a bit [or a lot] off topic.

We're way passed the number 9 now.  We are approaching the Wizard and the Veil of Secrecy.  Abc that's when things start to get really interesting.

So yes, the riddle has been answered:  IXC is XIC, but now the riddle takes on a new meaning.

iXcoin - Welcome to the F U T U R E!
Vlad2Vlad
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January 14, 2014, 07:20:05 AM
 #178


Its an octopus. Octopus are known as devilfish. They have 8 legs which was also considered an evil number. The true origin of the number 666 having to do with a Hebrew numerical alphabetical code spelling Nero Caesar. The 666 thing gained ground, after he began in who persecuting Christians, and was thought to be the antichrist. 888 being his predecesor Emperor Claudius. Octopode are cold blooded, and live in the sea. Cathulu being related to the octopus (possibly the father?), "Lives and reigns and conquers the world" which his son takes from him.


The fortune comes in Online Octopus vending, a very lucrative trade, however holding the fortune will be a much greater and painful challenge, because octopus aquarium setups are expensive as hell. In my first setup, cost well over $3k. That and due to their short life expectancies, and amount of work that is required to keep them alive, it will be a painful, yet profitable endevor.

I win.



I love this post. I realy do.
 Grin

That had me rolling the first time I read it.  And of course he wins, he's the MOD on 90% of my threads on which I get tons of tiny minded people complaining about my posts, even though they're my threads.  Ha!

iXcoin - Welcome to the F U T U R E!
Hippie Tech
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January 14, 2014, 07:55:04 AM
 #179

Is this really just about the number 9 ?

Has the riddle been answered ? lol


Lol, you know all my threads are bound to go a bit [or a lot] off topic.

We're way passed the number 9 now.  We are approaching the Wizard and the Veil of Secrecy.  Abc that's when things start to get really interesting.

So yes, the riddle has been answered:  IXC is XIC, but now the riddle takes on a new meaning.

Off topic Huh Who me Huh You're one to talk ! Cheesy

Most of those off topic posts could have easily been avoided had you not taken so long to get that copy n paste craaap COL client up and running. Grin I was essentially begging you to take those stanky coins back. heh..

So ... did we do the 'as is above, so is below' in correlation with the numeralogical aspects of the number 9 ?

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January 14, 2014, 08:08:03 AM
 #180

Is this really just about the number 9 ?

Has the riddle been answered ? lol


Lol, you know all my threads are bound to go a bit [or a lot] off topic.

We're way passed the number 9 now.  We are approaching the Wizard and the Veil of Secrecy.  Abc that's when things start to get really interesting.

So yes, the riddle has been answered:  IXC is XIC, but now the riddle takes on a new meaning.

Off topic Huh Who me Huh You're one to talk ! Cheesy

Most of those off topic posts could have easily been avoided had you not taken so long to get that copy n paste craaap COL client up and running. Grin I was essentially begging you to take those stanky coins back. heh..

So ... did we do the 'as is above, so is below' in correlation with the numeralogical aspects of the number 9 ?

I'm not sure what the verdict is on the number 9 theory.

We've gotten more interesting and unique ideas and theories that I actually forgot about the 9.

My jet lag is kicking in, time for bed.  We should have imminent great news for Bitcoin which should take it to $2,000-$3,000 and sky rocket the alts to the next level with it.  Hopefully it will cone soon, like tomorrow soon.  lol.

Good night!

iXcoin - Welcome to the F U T U R E!
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