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Author Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012  (Read 1035525 times)
JazzCouncil
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September 27, 2014, 02:33:29 PM
 #4041

It's bad luck to sell all in crypto.
Modern economists prefer diversification of their own risk. It's mean that even if they put some money on things that will fail and their money will pass away - they still got something in the pocket.
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Agent99
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September 27, 2014, 04:35:31 PM
 #4042

BCN with its stories about Cicada is indeed hell of a mistery.

If "hell of a mistery [sic]" means complete fabrication, then yes.


Those stories are not fabricated. So disappointed that one of the old miners has changed his opinion about BCN.

Well Agent99 since we go way back to almost the beginning I'll say this. Maybe someday some evidence will come to light and I'll be proven wrong. I always have an open mind about these things. So it is possible. So far I don't see it. Evidence points strongly to a premine scam with a fabricated backstory as marketing gloss. But I'm open to being convinced.


I've got your point of view. Since I don't see anything accept FUDers here I can't agree with the view about ''strong premine scam''.
Indeed, there are some doubtable moments but I strongly believe that BCN despite the reputation it has now will become more popular soon and at that moments I would be a holder of some coins and would use it for buying/selling goods and services.
 

The FUD is justified because of how easy it probably is to provide just a single shred of proof of an economy. Frankly the lack of activity in this thread says enough. Thanks for cutting away at the last string I had to hold onto the hope that maybe a "perfect financial instrument" can even exist.

Well, the lack of activity tells a lot about the community, I actually see only a few people here who often share their h/s or other or discuss BCN news or have ideas to promote the coin. Recently I have seen only unnecessary disputes about what coin is better. From the beginning this dispute already a failure because different people have different tastes. 

cyrpi4
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September 27, 2014, 10:18:55 PM
 #4043

I have justified belief that the ''war'' will never end as too many people interested to tell every one his own view on this or that coin and, furthermore, to try to influence on another opinion to choose the coin to invest.

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Garryashas
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September 27, 2014, 11:23:31 PM
 #4044

It's bad luck to sell all in crypto.
Modern economists prefer diversification of their own risk. It's mean that even if they put some money on things that will fail and their money will pass away - they still got something in the pocket.

I think it's wise to diversify your investment portfolio to hedge your funds from fails. But unlike real world in crypto currency world people usually invest in coins with similar features and often the coins with common features are based on one algo.
In the world of fiat if you want to hedge your funds you should invest in different financial instruments most of which are shares of companies from different spheres (communication, oil, airline, etc)
lakala
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September 27, 2014, 11:39:26 PM
 #4045

I have switched to mine DSH

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nade70
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September 28, 2014, 12:40:47 AM
 #4046

dsh has everything that bcn has without the premine
Monkeyseemonkeydo
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September 28, 2014, 12:53:51 AM
 #4047

There is no coin that has everything that Bytecoin has. If there is a clone it will never have BCN dev team who have created the coin with the help of CryptoNote team
nade70
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September 28, 2014, 01:00:06 AM
 #4048

There is no coin that has everything that Bytecoin has. If there is a clone it will never have BCN dev team who have created the coin with the help of CryptoNote team

except that this clone is really a clone, not a fork and everything pushed out by the bcn team goes straight into it.

so what is on offer is everything the bcn team has plus the opportunity to be part of that first 80% mine

its not better but the same and you can mine it from the start
Agent99
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September 28, 2014, 01:04:25 AM
 #4049

It's bad luck to sell all in crypto.
Modern economists prefer diversification of their own risk. It's mean that even if they put some money on things that will fail and their money will pass away - they still got something in the pocket.

I think it's wise to diversify your investment portfolio to hedge your funds from fails. But unlike real world in crypto currency world people usually invest in coins with similar features and often the coins with common features are based on one algo.
In the world of fiat if you want to hedge your funds you should invest in different financial instruments most of which are shares of companies from different spheres (communication, oil, airline, etc)


Indeed, here people usually invest in coins based on one technology 

From Above
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September 28, 2014, 01:05:06 AM
 #4050

am i reading this right that Munero is just a clone of Bytecoin? ROFL

~CfA~

smooth
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September 28, 2014, 01:12:10 AM
 #4051

am i reading this right that Munero is just a clone of Bytecoin? ROFL

Monero started as a fork to retain the nice tech but get rid of the fraudulently hidden premine and scamming developers who would do that. It has since diverged a bit.
AtomicDoge
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September 28, 2014, 04:24:19 AM
 #4052

am i reading this right that Munero is just a clone of Bytecoin? ROFL

~CfA~
This is a right way of how to start the holy war.
Oscilson
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September 28, 2014, 07:51:22 AM
 #4053

am i reading this right that Munero is just a clone of Bytecoin? ROFL

Monero started as a fork to retain the nice tech but get rid of the fraudulently hidden premine and scamming developers who would do that. It has since diverged a bit.

The emission of XMR is more or less as planned.
lakala
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September 28, 2014, 09:47:25 AM
 #4054

Don't bother.

They lie when they say that BCN has been around since 2012.

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AtomicDoge
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September 28, 2014, 11:08:57 AM
 #4055

Don't bother.

They lie when they say that BCN has been around since 2012.
How do you know?
JazzCouncil
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September 28, 2014, 11:17:17 AM
 #4056

It's bad luck to sell all in crypto.
Modern economists prefer diversification of their own risk. It's mean that even if they put some money on things that will fail and their money will pass away - they still got something in the pocket.

I think it's wise to diversify your investment portfolio to hedge your funds from fails. But unlike real world in crypto currency world people usually invest in coins with similar features and often the coins with common features are based on one algo.
In the world of fiat if you want to hedge your funds you should invest in different financial instruments most of which are shares of companies from different spheres (communication, oil, airline, etc)
I understand you and I can understand the concept of how algo works but even with the same algo different currencies have the different tend, am I right? Or you can even take some money back and invest it in spheres that you give us here (communication, oil, airline, etc).
Meggie
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September 28, 2014, 11:22:32 AM
 #4057

Don't bother.

They lie when they say that BCN has been around since 2012.
How do you know?
They know everything! They know everything about the stuff that they don't give a shit about. Always never forget that

I know it sounds funny but if you hear something like that you can call him a troll.

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iamahappyminer
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September 28, 2014, 12:15:58 PM
 #4058

A week ago I wrote about good PR-strategy BCN needed to become more popular. Now I think maybe BCN should start huge charity campaign for its' promotion. What do you think?
Garryashas
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September 28, 2014, 12:50:54 PM
 #4059

It's bad luck to sell all in crypto.
Modern economists prefer diversification of their own risk. It's mean that even if they put some money on things that will fail and their money will pass away - they still got something in the pocket.

I think it's wise to diversify your investment portfolio to hedge your funds from fails. But unlike real world in crypto currency world people usually invest in coins with similar features and often the coins with common features are based on one algo.
In the world of fiat if you want to hedge your funds you should invest in different financial instruments most of which are shares of companies from different spheres (communication, oil, airline, etc)
I understand you and I can understand the concept of how algo works but even with the same algo different currencies have the different tend, am I right? Or you can even take some money back and invest it in spheres that you give us here (communication, oil, airline, etc).

TBH, that's disputed issue of the relationship between algo of the coin and trend. Not far to seek is the correlation between Bitcoins and monero - as BTC is going down XMR prices is also going down. At the same time, BCN and Dogecoin have inverse correlation and that's why they are good investments because if you have BTC and price grows than you don't need another coins, but when the price drops you'd better to have coin which doesn't depend on BTC price
tjkurtisss
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September 28, 2014, 03:13:46 PM
 #4060

A week ago I wrote about good PR-strategy BCN needed to become more popular. Now I think maybe BCN should start huge charity campaign for its' promotion. What do you think?
How about to support some religion by sending them Bytecoins? Our community can become popular just because the Pope will say "thanks folks". Nice idea?

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