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Author Topic: Is MEC's rise the fastest in history of cryptocurrencies?  (Read 1925 times)
rumlazy
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November 30, 2013, 08:10:33 PM
 #21

Datacoin is too fragile. All it takes is one person to inject illegal content into the blockchain, and the entire thing falls apart.

Hmm, piratebay is still alive and kicking.  All kinds of illegal content on it and it's theoretically much easier to shut down than datacoin.  
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November 30, 2013, 08:12:34 PM
 #22

Datacoin is too fragile. All it takes is one person to inject illegal content into the blockchain, and the entire thing falls apart.

Why would it fall apart from that?
Datacoin is too fragile. All it takes is one person to inject illegal content into the blockchain, and the entire thing falls apart.

Hmm, piratebay is still alive and kicking.  All kinds of illegal content on it and it's theoretically much easier to shut down than datacoin. 
There's a key difference... With datacoin, you have to store all the content on your computer.

Let's say someone injects child porn into the block chain. You'd be forced to download it. You'd then be in possession of such material. Law enforcement would have a field day with that.

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November 30, 2013, 08:18:18 PM
 #23

There's a key difference... With datacoin, you have to store all the content on your computer.

Let's say someone injects child porn into the block chain. You'd be forced to download it. You'd then be in possession of such material. Law enforcement would have a field day with that.

True, in countries where that's illegal.  That'd be a damn expensive upload though.  And can you trace miner IPs that easily?

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November 30, 2013, 08:20:27 PM
 #24

There's a key difference... With datacoin, you have to store all the content on your computer.

Let's say someone injects child porn into the block chain. You'd be forced to download it. You'd then be in possession of such material. Law enforcement would have a field day with that.
True, in countries where that's illegal.  That'd be a damn expensive upload though.  And can you trace miner IPs that easily?
So, most of the civilized world?

You're running a program that lets anyone in the world place whatever data they want onto your computer. That is terrifying.

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November 30, 2013, 08:24:57 PM
 #25

So, most of the civilized world?

You're running a program that lets anyone in the world place whatever data they want onto your computer. That is terrifying.

Even so, it's not like law enforcement's gonna knock on the door of every single person mining DTC.  Many miners probably won't even be aware that they're breaking the law.  It's basically impossible to enforce and even more impossible to stop.

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rumlazy
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November 30, 2013, 08:25:53 PM
 #26

Even so, it's not like law enforcement's gonna knock on the door of every single person mining DTC.  Many miners probably won't even be aware that they're breaking the law.  It's basically impossible to enforce.

Exactly.  Look how well they're doing on shutting down online piracy.  It's bigger then ever.
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November 30, 2013, 08:29:06 PM
 #27

So, most of the civilized world?

You're running a program that lets anyone in the world place whatever data they want onto your computer. That is terrifying.

Even so, it's not like law enforcement's gonna knock on the door of every single person mining DTC.  Many miners probably won't even be aware that they're breaking the law.  It's basically impossible to enforce and even more impossible to stop.
Have you not been paying attention to how insane the UK and US governments are in regards to child porn? They've been locking people up for having grainy thumbnails buried deep within temporary folders that people didn't even know were there. You think they wouldn't be all over this too? It would be easy to brand datacoin as a "decentralized child porn distribution network." They'd have a fucking field day with that.

Especially if datacoin gains ground, and the government wants to shut it down. You think anyone would run this client if people were going to jail over it?

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November 30, 2013, 08:31:26 PM
 #28

No.

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November 30, 2013, 08:32:36 PM
 #29

actually no


if you were watching TerraCoin did, 3000% , 30x in about 4 days.

it went from 0.00005 to 0.0015

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November 30, 2013, 08:35:00 PM
 #30

actually no


if you were watching TerraCoin did, 3000% , 30x in about 4 days.

it went from 0.00005 to 0.0015
Terracoin has even less of a future than megacoin Cheesy

Gotta love the BTC-e pump and dumps...

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November 30, 2013, 08:38:52 PM
 #31

actually no
if you were watching TerraCoin did, 3000% , 30x in about 4 days.

it went from 0.00005 to 0.0015

You're talking price, we're talking market cap.  Two different things.

Have you not been paying attention to how insane the UK and US governments are in regards to child porn? They've been locking people up for having grainy thumbnails buried deep within temporary folders that people didn't even know were there. You think they wouldn't be all over this too? It would be easy to brand datacoin as a "decentralized child porn distribution network." They'd have a fucking field day with that.

Especially if datacoin gains ground, and the government wants to shut it down. You think anyone would run this client if people were going to jail over it?

Yes.  ESPECIALLY if people were going to jail over it and it interfered with freedom of information.  The internet tends to get up in arms about that sort of thing.  Mining would move to servers in countries where it's not illegal.  Not to mention the price of a Datacoin would skyrocket in a situation like that.

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November 30, 2013, 08:40:16 PM
 #32

Terracoin has even less of a future than megacoin Cheesy

Hazard, still not over your megacoin frustration? it's not that bad to miss out once, life goes on man! And there's still plenty of room to get in, anyhow.
Says the megacoin sockpuppet account that registered a week ago.

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November 30, 2013, 08:42:59 PM
 #33

actually no
if you were watching TerraCoin did, 3000% , 30x in about 4 days.

it went from 0.00005 to 0.0015
You're talking price, we're talking market cap.  Two different things.

um didn't see the words market cap in there, just price rise...anyhow I hold no TRC....nor will I buy any

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GameKyuubi
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November 30, 2013, 08:44:30 PM
 #34

um didn't see the words market cap in there, just price rise...anyhow I hold no TRC....nor will I buy any

Whoops, mind's playing tricks on me.

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