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spacegoat (OP)
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November 27, 2013, 03:41:22 AM
 #1

uh yeah this coin


http://www.cryptocoincharts.info/period-charts.php?period=10-days&resolution=hour&pair=fst-btc&market=cryptsy












I was just thinking about speed of transactions being an issue and checked fastcoin, seems like its gaining momentum.. and fast.  its gone up 10x in one week i guess




i see it two ways, for the pro's it is appealing to play on the speed of a transaction
cons
i guess speedy confirmations means less security. 

kind of like fastfood.  its fast but not good for you.  does it work in this bullshit system of instant gratification?  yes.  i hate to invest in mcdonalds but its just a boat i have to put a little in just to see what happens

yeah baby yeah
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November 27, 2013, 03:59:32 AM
 #2

pnd

the coin will be 51%'d by a large litecoin miner if anyone actually uses the suggested transaction confirmation time of less than one minute

but probably cryptsy doesn't... which defeats the entire point of the coin.

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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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