noobtrader
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July 24, 2016, 01:35:41 AM |
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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Otoh
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July 24, 2016, 01:47:04 AM |
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Oh, been there, I was the largest holder of LTC when it went to > $48
620,000 LTC = time to move to a tax haven before you start some serious cashing out
trouble was the price doesn't wait for you to stop partying and get your shit together re that, but still I got there eventually
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noobtrader
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July 24, 2016, 02:02:14 AM |
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Oh, been there, I was the largest holder of LTC when it went to > $48
620,000 LTC = time to move to a tax haven before you start some serious cashing out
trouble was the price doesn't wait for you to stop partying and get your shit together re that, but still I got there eventually
48x620000=29760000... i guess ill never see that much money even if i live for 70 generation LOL btw thanks for sharing more perspective on your holding. EDIT : fiat inflation adjustment, i might just need 7 generation to see that much money
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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Otoh
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July 24, 2016, 02:10:19 AM |
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Oh, been there, I was the largest holder of LTC when it went to > $48
620,000 LTC = time to move to a tax haven before you start some serious cashing out
trouble was the price doesn't wait for you to stop partying and get your shit together re that, but still I got there eventually
48x620000=29760000... i guess ill never see that much money even if i live for 70 generation LOL btw thanks for sharing more perspective on your holding. EDIT : fiat inflation adjustment, i might just need 7 generation to see that much money It was topping so one would not have got more than say $20MM to $15MM out I expect (which of course is nothing shabby) and if you're anywhere where they want to capital gains tax you then goodbye to 30% - 40% of that or something.
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Otoh
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July 24, 2016, 02:21:05 AM |
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btw, life isn't that far removed from a virtual reality game, yes you can award yourself a ton of good or bad, just treat it more as a game and connect to the level that 'moves' the pieces maybe.
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noobtrader
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Activity: 1456
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July 24, 2016, 02:21:20 AM |
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Oh, been there, I was the largest holder of LTC when it went to > $48
620,000 LTC = time to move to a tax haven before you start some serious cashing out
trouble was the price doesn't wait for you to stop partying and get your shit together re that, but still I got there eventually
48x620000=29760000... i guess ill never see that much money even if i live for 70 generation LOL btw thanks for sharing more perspective on your holding. EDIT : fiat inflation adjustment, i might just need 7 generation to see that much money It was topping so one would not have got more than say $20mm to $15mm out I expect and if you're anywhere where they want to capital gains tax you then goodbye to 30% - 40% of that or something. awww.... but still about 8million usd... btw it really put into perspective how much money we can get from cryptocurrency. just amazing
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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AlexGR
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July 24, 2016, 02:32:19 AM |
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Oh, been there, I was the largest holder of LTC when it went to > $48
Aha... So you turned to the Dark Side
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TanteStefana2
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July 24, 2016, 02:43:40 AM |
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Warning to those running their own MNs. My masternode servers were kicked off line twice in the last couple of weeks because it exceeded 512 gb of memory. I lost over 6 dash because of this. If you're running a MN on a server with 512 ram, I suggest strongly that you upgrade before you're kicked off line Good Luck!! Hello Tante, How did this appear? Something that you could see in the logs? I had both of my masternodes go down a couple of weeks ago, but they are running again fine for the moment. Do you have an active swap partition or a swap file on your droplets? I just checked and Digital Ocean discourages users from setting them up, but maybe that is an alternative if the ram ran out and the system had to kill the process that was allocating too much memory. My service shows me how much memory I'm using up. I do have a cron job going, but otherwise, simple Dash setups. I think if I go over for a certain amount of time, my server shuts down. I just doubled the ram on them so I don't have to worry anymore.
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Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
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Otoh
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July 24, 2016, 03:14:58 AM |
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Oh, been there, I was the largest holder of LTC when it went to > $48
Aha... So you turned to the Dark Side Well yep, I did, because for one the main dev of LTC, Warren, had zero incentive to dev it and made this very clear to me by just asking me to give him LTC, lots of LTC many times, or forget it. Also Charlie Lee was great but just invented it and moved on, absolutely no updates were happening, he moved to work for Coinbase & I'm not sure but I don't think that they have even added LTC to this day. Sure, it's popular-ish in China, thanks in part to Bobby Lee of BTCC, but I'd rather back a coin where the devs have a real stake and interest in making it succeed, plus those invested in that have a vote and input on the direction it takes.
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noobtrader
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July 24, 2016, 03:21:10 AM |
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It was topping so one would not have got more than say $20MM to $15MM out I expect (which of course is nothing shabby) and if you're anywhere where they want to capital gains tax you then goodbye to 30% - 40% of that or something.
btw i didnt know capital gain tax was 30% wow... you can just send it to me to liquidate as if im importing crypto from you and the tax im sure will be lower LOL
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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Otoh
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July 24, 2016, 03:31:55 AM Last edit: July 24, 2016, 03:42:48 AM by Otoh |
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qwizzie
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July 24, 2016, 02:06:20 PM Last edit: July 24, 2016, 02:26:57 PM by qwizzie |
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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toknormal
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July 24, 2016, 02:31:42 PM |
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This is incredible. I must say I was amazed when the ETH foundation decided to fork - it does turn a blockchain into a bit of a toy. I'd better log in to Polo and find out what kind of ETH I've got. Musical chains - look it's already happening, ambiguity. Ethereum is evolving into a kind of joke. They should never have forked it.
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aigeezer
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Cryptanalyst castrated by his government, 1952
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July 24, 2016, 02:49:50 PM |
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Superb interview with van Wirdum and "arvicco" in qwizzie's 2nd link above.
Very important issues, imho, for all democratic and pseudo-democratic structures.
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qwizzie
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July 24, 2016, 02:50:20 PM |
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I was just getting used to Dash having rank 6 12.8 million volume for Ethereum Classic Ethereum Classic Network Hash Rate: 134.04 GH link to check that hashrate : http://ethc.epool.io/#/
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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toknormal
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July 24, 2016, 02:53:04 PM |
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Superb interview with van Wirdum and "arvicco" in qwizzie's 2nd link above.
Very important issues, imho, for all democratic and pseudo-democratic structures.
Turns out I've got both ETH and ETC - in equal amounts. In other words if you held ETH before you now have holdings on both blockchains which POLO will let you trade independently. A mutable chain vs an immutable one. No contest surely. Will it reach critical mass ?
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qwizzie
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July 24, 2016, 03:00:29 PM |
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Superb interview with van Wirdum and "arvicco" in qwizzie's 2nd link above.
Very important issues, imho, for all democratic and pseudo-democratic structures.
Turns out I've got both ETH and ETC - in equal amounts. In other words if you held ETH before you now have holdings on both blockchains which POLO will let you trade independently. A mutable chain vs an immutable one. No contest surely. Will it reach critical mass ? Depends if Ethereum Classic gets decent hashrate from miners, as that will make their POW secure and safe. Currently its anything but secure and safe. Ethereum Classic Network Hash Rate: 134.04 GH link to check that hashrate : http://ethc.epool.io/#/Ethereum Classic website : https://ethereumclassic.github.io/
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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HinnomTX
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July 24, 2016, 03:02:55 PM |
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Superb interview with van Wirdum and "arvicco" in qwizzie's 2nd link above.
Very important issues, imho, for all democratic and pseudo-democratic structures.
Turns out I've got both ETH and ETC - in equal amounts. In other words if you held ETH before you now have holdings on both blockchains which POLO will let you trade independently. A mutable chain vs an immutable one. No contest surely. Will it reach critical mass ? I also had ETH on Polo and received an equal amount of ETC. I sold ETH and bought more ETC. I don't believe the blockchain should be edited to provide a bailout to naive investors. Where is the lesson learned? Full disclosure: I was an investor in TheDAO, and sold out the day the hack happened.
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"One can only solve so much with cryptography. The rest of the solution will prove to be economic in nature." -Evan Duffield Dash is Digital Cash. https://www.dash.org
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toknormal
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July 24, 2016, 03:07:23 PM Last edit: July 24, 2016, 05:00:15 PM by toknormal |
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Ethereum Classic Network Hash Rate: 134.04 GH
But it's growing by the minute. Now 137 187 GH. Miners smell blood. Surely that means that Dr Death cannot now fork it with his 9X GHash ? (Unless that 137 included his hashpower already).
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