pandher
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Stagnation is Death
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April 28, 2014, 11:40:17 AM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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gts476
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April 28, 2014, 12:07:31 PM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
I didn't get into bitcoin until 2014. To me, bitcoin is stealth mined. Think about it.
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sgk
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Activity: 1470
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!! HODL !!
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April 28, 2014, 12:09:04 PM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
Wasn't Bitcoin stealthmined in 2009 and 2010?
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surfer43
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"Trading Platform of The Future!"
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April 28, 2014, 12:37:47 PM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
Wasn't Bitcoin stealthmined in 2009 and 2010? Not 80% of all Bitcoin..
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Wanesst
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April 28, 2014, 12:48:43 PM |
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C-Cex exchange also prepares to add BCN. They PMed me today Cooool What are you thinking about MintPal?
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Cheesus
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terra-credit.com
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April 28, 2014, 01:23:02 PM |
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That's not an exchange for me I mean Bittrex, Poloniex or another one but a true website not a free market You don't trust hand-to-hand trade?
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pandher
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Activity: 952
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Stagnation is Death
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April 28, 2014, 01:25:19 PM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
Wasn't Bitcoin stealthmined in 2009 and 2010? I am not comparing bitcoin in any way. Monero seems better if someone wants to use CryptoNote
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DStrange (OP)
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April 28, 2014, 01:28:49 PM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
Wasn't Bitcoin stealthmined in 2009 and 2010? I am not comparing bitcoin in any way. Monero seems better if someone wants to use CryptoNote Why do you think it's better?
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pandher
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Stagnation is Death
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April 28, 2014, 01:40:07 PM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
Wasn't Bitcoin stealthmined in 2009 and 2010? I am not comparing bitcoin in any way. Monero seems better if someone wants to use CryptoNote Why do you think it's better? Right amount of coins. Open and visible launch
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smooth
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Merit: 1198
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April 28, 2014, 01:50:51 PM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
Wasn't Bitcoin stealthmined in 2009 and 2010? Since you asked, the answer is 100% no. It was published to the cryptography mailing list in January 2009, and immediately released as open source. That was the most logical place to release it and frankly the place (if any) where it was going to get the most interest and participation, although even there most people ignored it and didn't think it would work. It was also published on Sourceforge, which was more or less then equivalent of github back then, and considered very much the mainstream place to host an open source project, not some obscure back corner of the Internet. Where else was it supposed to published? This forum obviously didn't exist. Seriously, if you were SN, where would you have released it? The "bitcoin was stealth mined" meme is a complete myth. Just because nobody cared about it at the time does not mean is was hidden or attempted to be hidden. It wasn't. You can go and read the email messages yourself and you can also browse the old activity on sourceforge. http://www.mail-archive.com/cryptography%40metzdowd.com/msg10142.htmlhttp://sourceforge.net/projects/bitcoin/ ["Registered 2008-11-09"]
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smooth
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April 28, 2014, 01:54:15 PM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
Wasn't Bitcoin stealthmined in 2009 and 2010? Not 80% of all Bitcoin.. Very much true. Bitcoin is 50% mined every 4 years, not 80% mined in less than 2 years.
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sgk
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!! HODL !!
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April 28, 2014, 02:08:28 PM |
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Wasnt Bytecoin stealthmined for quite some time? Its will be almost centralized
Wasn't Bitcoin stealthmined in 2009 and 2010? Not 80% of all Bitcoin.. That doesn't make it centralized though. We don't know the size of the dark web community that exchanges these coins on regular basis. It would be a mistake to imagine them as a handful of people. Just because we're late at the party doesn't mean it is their fault. They wanted to be stealth, so what's wrong with it? We're free to mine or not mine this coin.
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digicoin
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April 28, 2014, 02:11:35 PM |
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I am sorry I don't want to be rude. But I believe that the future will not hold for this coin because the owner holds too many coins compared to the rest: 80% of the total. Unbelievable. That's why I shamelessly promote Monero (formerly known as Bitmonero) instead.
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smooth
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April 28, 2014, 02:20:09 PM |
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We don't know the size of the dark web community that exchanges these coins on regular basis.
Dude wake up. There isn't one. They came here to create a market to dump their 100 billion coins. End of story. It may actually work, and in all fairness the technology has a lot going for it. Maybe in a sense they deserve their 80% premine. But don't fool yourself about what is really going on.
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smooth
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April 28, 2014, 02:22:22 PM |
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I have a question: Why do you guys have millions of BCN? I mine it for a month and I don't have even 1 mln! The first message about BCN appeared in March,12 this year. So I don't think you could mined it. Smooth, it's nice to trade with you, but this question is for you too.
I have a lot of computers (and no not a botnet, just computers). If you look back in my posting history on this board you will see that I have mined many CPU coins (and some others -- I still mine bitcoin and sometimes dabble in GPU coins). I have mined 100% of the BCN I have sold (and what I still have). All of that mining occurred after it was posted on this board. Mining was easier at first and I was able to move quickly to start mining. Also, you may notice that I also have sold and hold a lot of Monero. I got that by mining as well.
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sgk
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!! HODL !!
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April 28, 2014, 02:22:26 PM |
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I am sorry I don't want to be rude. But I believe that the future will not hold for this coin because the owner holds too many coins compared to the rest: 80% of the total. Unbelievable. That's why I shamelessly promote Monero (formerly known as Bitmonero) instead.
How do you know it is the owner that holds those coins? Can't it be the whole deep community?
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ndonnard
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April 28, 2014, 02:23:16 PM |
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I have a question: Why do you guys have millions of BCN? I mine it for a month and I don't have even 1 mln! The first message about BCN appeared in March,12 this year. So I don't think you could mined it. Smooth, it's nice to trade with you, but this question is for you too. What if you are BCN'community old members? What if those 80% are in your arms?! according to the "dev's letter" https://bitcointalk.org/index.php?topic=512747.460 they don't want the info about them to spread. Is that the reason you say "bcn's forks are fair" again and again - to distract people from BCN?
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smooth
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April 28, 2014, 02:30:19 PM |
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Can't it be the whole deep community?
No because that is much too large a group for the secret not to leak out in some way. The ability to keep a secret degrades rapidly as the number of people knowing it goes up. Since the existence of this technology was not even so much as rumored, it must be the case that the number of people knowing about it was quite small.
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Cheesus
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terra-credit.com
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April 28, 2014, 02:44:15 PM |
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Can't it be the whole deep community?
No because that is much too large a group for the secret not to leak out in some way. The ability to keep a secret degrades rapidly as the number of people knowing it goes up. Since the existence of this technology was not even so much as rumored, it must be the case that the number of people knowing about it was quite small. I bet that there are significant amount of 1k+ ppl organizations which you never heard of. I agree with you in some way: cicada etc., but imagining some master mind behind the CN is somewhat close to a dream.
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Wanesst
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April 28, 2014, 03:23:58 PM |
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Little correction have been made. Will improve in next day or so Hm, reduced-size logo looks great!
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