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Author Topic: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools  (Read 80179 times)
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August 27, 2011, 05:30:21 PM
 #421

Edit: and at current difficulty (16,819), the exchange rate has to fall below .009 before mining SolidCoins is less profitable than Bitcoins.

At difficulty 16819, the parity would be 0.01455053 right?
(16819 / 32) / (1806098 / 50)
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August 27, 2011, 05:43:54 PM
 #422

CoinHunter, I am accepting SolidCoins on my web store: www.kusari.pl - there is logo in menu on left and description and link in "Jak zamowic" (how tu buy) page. If Bounties are still actual (First 9 "Other" sites to accept SolidCoin category), please send coins to my donating address: sZVhpXua2CRex5KodiZnMF5KaGT3K4LQvA. Thanks Smiley
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August 27, 2011, 05:45:42 PM
 #423

Edit: and at current difficulty (16,819), the exchange rate has to fall below .009 before mining SolidCoins is less profitable than Bitcoins.

At difficulty 16819, the parity would be 0.01455053 right?
(16819 / 32) / (1806098 / 50)

You are correct. I forgot about the 32 coins  Tongue  It briefly dipped below parity earlier today. Still, as someone elsewhere said, 'I do not mine for what the price of coins are today, I mine for what they will be in the future'. All miners are inherently long on whatever coins they are mining, and it appears by the network graphs that more and more miners are long SolidCoins.
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August 27, 2011, 06:33:06 PM
 #424

and it appears by the network graphs that more and more miners are long SolidCoins.

Hopefully not too many too quickly, otherwise the entire BTC network will crash and SC will get the blame... Smiley

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Bounties page has been updated with 40 new promotion bounties. The other ones are all used up now (3 still being confirmed but they are taken).

http://solidcoin.info/bounties.php

The new bounty is "First 40 to post about the "5 reasons to switch to SolidCoin" article on their blog/forum/twitter*" , value 25 SC .

Try SolidCoin or talk with other SolidCoin supporters here SolidCoin Forums
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August 27, 2011, 06:51:48 PM
 #425

and it appears by the network graphs that more and more miners are long SolidCoins.

Hopefully not too many too quickly, otherwise the entire BTC network will crash and SC will get the blame... Smiley


That's right, it's really important that both currencies thrive side by side. We need a good exchange medium outside of $ / £ / €

Love Lorna xxx

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August 27, 2011, 06:53:19 PM
 #426

Hi,

I just started mining solidcoin last night.  Very excited.

I tweeted about the 5 reasons article hoping for a bounty!  

http://twitter.com/#!/honolululu

Thanks for the chance.
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August 27, 2011, 07:02:32 PM
 #427

could there be an additional variable for the day average (or similar) if that's not too much to ask?
I've added two variables, the high and low price in the last 24 hours. You could maybe find a midpoint between these as an average. There is an 'average' price in the ticker which is a weighted average over the last 24 hours but it has an intermittent bug which can make this lower than the low price for the day. I haven't included this since that'll cause problems with your pricing. When I've fixed that bug I'll add it and let you know.

Thanks hun.

I'll try to work out what to do with them as soon as I can get my head around it.

Love Lorna xxx

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August 27, 2011, 07:22:58 PM
 #428

That's right, it's really important that both currencies thrive side by side. We need a good exchange medium outside of $ / £ / €

Why do you think it's important to have both?  I'm pretty sure we're dealing with a natural monopoly here.  There don't seem to be any significant benefits to having two viable blockchain-based currencies, while there a several disadvantages.

Even if another blockchain does overtake Bitcoin, SolidCoin won't be the one to do it.  To be successful, the challenger would need to make significant protocol-level improvements, and even that might not be enough.  CoinHunter hasn't done this.  Protocol-wise, all he's done is changed a few constants; nothing more complex than what the creator of Ixcoin did.
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August 27, 2011, 07:26:06 PM
 #429

CoinHunter, have you noticed my page accepted solidcoins? Post #434
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August 27, 2011, 07:28:02 PM
 #430

We just started accepting SolidCoins at Ontario Mandrel.  Would be interested in one of the 3 bounties if they're still available.

http://www.ontariomandrel.com/osc/

Address: sgiY2Xa1UgaCtvhBXK8TEoVpefGWXaX2xQ
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August 27, 2011, 07:54:02 PM
 #431

That's right, it's really important that both currencies thrive side by side. We need a good exchange medium outside of $ / £ / €

Why do you think it's important to have both?  I'm pretty sure we're dealing with a natural monopoly here.  There don't seem to be any significant benefits to having two viable blockchain-based currencies, while there a several disadvantages.

Even if another blockchain does overtake Bitcoin, SolidCoin won't be the one to do it.  To be successful, the challenger would need to make significant protocol-level improvements, and even that might not be enough.  CoinHunter hasn't done this.  Protocol-wise, all he's done is changed a few constants; nothing more complex than what the creator of Ixcoin did.

I should say "don't ask me".

If you got 99 economists in a room and one monkey you should ask the monkey for financial advice.

Maybe there is a natural monopoly for one currency, that may not be Solidcoin, but it's just as likely not Bitcoin either.

By all accounts the "First to market" isn't always, or even usually, the final "winner". Look at Altavista V Google, Friendster V Facebook, the list goes on ....

Love Lorna xxx

want to show your appreciation?
1BZspf8xARP6VL5aoirXL9pk3DqgXbKj3v
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August 27, 2011, 09:34:14 PM
 #432

Edit: and at current difficulty (16,819), the exchange rate has to fall below .009 before mining SolidCoins is less profitable than Bitcoins.

At difficulty 16819, the parity would be 0.01455053 right?
(16819 / 32) / (1806098 / 50)

You are correct. I forgot about the 32 coins  Tongue  It briefly dipped below parity earlier today. Still, as someone elsewhere said, 'I do not mine for what the price of coins are today, I mine for what they will be in the future'. All miners are inherently long on whatever coins they are mining, and it appears by the network graphs that more and more miners are long SolidCoins.

But coins are also generated faster (32 every 3 minutes vs BTC at 50 per 10 minutes), so its even more in favor of SC

If anyone is interested, I need someone to double check the math on my (very messy) spreadsheet to figure out if SC or BTC is more profitable to mine.
Check it out and please find mistakes! https://docs.google.com/spreadsheet/ccc?key=0AjXdY6gpvmJ4dGxqSmhrektQZ2FVVTNiNUE2RnM0U0E&hl=en_US#gid=0

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August 27, 2011, 10:02:40 PM
 #433

I'd like to announce my first Solidcoin membership sale.

Love Lorna xxx

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August 27, 2011, 10:04:59 PM
 #434

I'd like to announce my first Solidcoin membership sale.

You may want to do some youtube videos so we can all see you are who you claim to be.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
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August 27, 2011, 10:07:28 PM
 #435

I'd like to announce my first Solidcoin membership sale.

You may want to do some youtube videos so we can all see you are who you claim to be.

... Shame, a porn star runnin around the bitcoin forums would spice things up a bit. I'm assuming lorna isn't lorna, but I could be wrong there too.

I wanted to formally ask CoinHunter to add solidcoin.info to my http://payco.in directory. And anyone else running a bitcoin/solidcoin site please add them in.

I want to really be in there promoting bitcoin & solidcoin as payment solutions. I took the opportunity to prove I'm me at the same time.

Shame the video from the mobile phone is so rubbish ... I won't be doing that again.

http://www.facebook.com/Lorna.Morgan.Model/posts/165399963537108

http://twitter.com/#!/lorna_morgan/status/107445930436993024

http://dai.ly/qK7kiT

Meh

Love Lorna xxx

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1BZspf8xARP6VL5aoirXL9pk3DqgXbKj3v
sStKJHGqWeUzVXH4hrM5koqNXtzuUGyJHM

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August 27, 2011, 10:24:41 PM
 #436

I'd like to announce my first Solidcoin membership sale.

You may want to do some youtube videos so we can all see you are who you claim to be.

... Shame, a porn star runnin around the bitcoin forums would spice things up a bit. I'm assuming lorna isn't lorna, but I could be wrong there too.

I wanted to formally ask CoinHunter to add solidcoin.info to my http://payco.in directory. And anyone else running a bitcoin/solidcoin site please add them in.

I want to really be in there promoting bitcoin & solidcoin as payment solutions. I took the opportunity to prove I'm me at the same time.

Shame the video from the mobile phone is so rubbish ... I won't be doing that again.

http://www.facebook.com/Lorna.Morgan.Model/posts/165399963537108

http://twitter.com/#!/lorna_morgan/status/107445930436993024

http://dai.ly/qK7kiT

Meh

Awesome.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
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      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
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           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
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           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
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August 27, 2011, 10:25:06 PM
 #437

That's right, it's really important that both currencies thrive side by side. We need a good exchange medium outside of $ / £ / €

Why do you think it's important to have both?  I'm pretty sure we're dealing with a natural monopoly here.  There don't seem to be any significant benefits to having two viable blockchain-based currencies, while there a several disadvantages.

Even if another blockchain does overtake Bitcoin, SolidCoin won't be the one to do it.  To be successful, the challenger would need to make significant protocol-level improvements, and even that might not be enough.  CoinHunter hasn't done this.  Protocol-wise, all he's done is changed a few constants; nothing more complex than what the creator of Ixcoin did.

I should say "don't ask me".

Why not?  I'm asking for your reasoning behind the claim that you made.  Who else would I ask?

Quote
Maybe there is a natural monopoly for one currency, that may not be Solidcoin, but it's just as likely not Bitcoin either.

By all accounts the "First to market" isn't always, or even usually, the final "winner". Look at Altavista V Google, Friendster V Facebook, the list goes on ....

I acknowledged that Bitcoin may not win out.  However, it is currently the only viable contender.  Trivially-different "me too" clones don't stand a chance.  The comparison to social networks is rather apt here; network effects are key.  There's no benefit for current Bitcoin users to switch to SolidCoin, and newcomers to the cryptocurrency world are going to be heavily inclined to pick the more popular one.

I've been skeptical of these blockchain forks since Ixcoin started, and events have played out pretty much as I expected with both Ixcoin and I0coin.  I've been a lot quieter about SolidCoin, because I figure that everyone getting into it has already had more than ample warning about what's to come.

However, I didn't see you involved in any of the previous Ixcoin/I0coin threads.  You lack the "fuck you got mine" attitude typical of alternative blockchain speculators.  You seem to actually care about promoting cryptocurrency for its own sake, and are trying to offer something of value.  Hell, you even donated your merchant bounty back.  I'd hate to see you get burned on this thing without warning, so consider this your warning and do with it what you will.  Smiley
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August 27, 2011, 10:36:01 PM
 #438

Going for the ewallet bounty here Wink

Let me know what you think; http://solid.coinb.in/

If its acceptable, i'll sort out a SSL certificate.


Edit to add solidcoin address: sgk9VFqCR8V5xpvkc3Fn8RSEVipKJePEiS

coinb.in - Open Source, Multi Signature, HD Wallet and more! | Donate: 1CWHWkTWaq1K5hevimJia3cyinQsrgXUvg
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August 27, 2011, 10:42:03 PM
 #439

Why not?  I'm asking for your reasoning behind the claim that you made.  Who else would I ask?

Because what I'm saying is that the most reasoned arguments can turn out to be b******t. It happens everyday here and on the real money markets too. I'm not going to fall into the trap of making a stand when I know I don't really know the answer for sure. But I am prepared to take a chance.

However, I didn't see you involved in any of the previous Ixcoin/I0coin threads.  You lack the "fuck you got mine" attitude typical of alternative blockchain speculators.  You seem to actually care about promoting cryptocurrency for its own sake, and are trying to offer something of value.  Hell, you even donated your merchant bounty back.  I'd hate to see you get burned on this thing without warning, so consider this your warning and do with it what you will.  Smiley

Thanks for the warning.  Wink

Love Lorna xxx

want to show your appreciation?
1BZspf8xARP6VL5aoirXL9pk3DqgXbKj3v
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August 27, 2011, 10:54:26 PM
 #440

Going for the ewallet bounty here Wink

Let me know what you think; http://solid.coinb.in/

If its acceptable, i'll sort out a SSL certificate.

Yay!

I use your script on the bitcoin button. I'll try to get the solid.coinb.in script on the solidcoin button before bed.

ZZzzzzzzz

Love Lorna xxx

want to show your appreciation?
1BZspf8xARP6VL5aoirXL9pk3DqgXbKj3v
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