foodies123 (OP)
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March 20, 2014, 02:59:16 PM |
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Anyway, why is Cryptsy not adding yet? I see no voting on Myriadcoin, although it is on the Coinmarketcap already. Should I email them or start a threat on their forums?
I've contacted them, they emailed back saying they'd look into it... end of story. not even bothering anymore.
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nope
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Wipeout2097
Sr. Member
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Activity: 840
Merit: 255
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March 20, 2014, 03:07:33 PM |
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Look man, putting alts against each other or create threads to pump your own is one thing. Quite another is making claims Satoshi didn't predict Asics, so this particular coin you're pumping is better and more useful and bla bla
It may even be an interesting coin, but people tend to forget that the point of mining is not profit, profit is a side-effect. PoW mining is done to solve double spend, secure the network, process transactions, meanwhile preventing forks and 51% attacks. If BTC mining with Asics solves the problem, then mining is okay.
Sure, I may flock to a coin to make more satoshis/€'s out of it and will love if I can pull more out of my GPUs. However if one makes money out of a coin, that is a side discussion. Further, the "fair distribution" is commendable, but it is also a side issue. These are cryptographic currencies. This is not forex trading, these are not derivatives, this is not capitalism vs socialism, this is not money printing.
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devphp
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March 20, 2014, 03:12:51 PM |
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Look man, putting alts against each other or create threads to pump your own is one thing. Quite another is making claims Satoshi didn't predict Asics, so this particular coin you're pumping is better and more useful and bla bla
It may even be an interesting coin, but people tend to forget that the point of mining is not profit, profit is a side-effect. PoW mining is done to solve double spend, secure the network, process transactions while also preventing forks and 51% attacks. If BTC mining with Asics solves the problem, then mining is okay.
Sure, I may flock to a coin to make more satoshis/€'s out of it and will love if I can pull more out of my GPUs. However if one makes money out of a coin, that is a side discussion. Further, the "fair distribution" is commendable, but it is also a side issue. These are cryptographic currencies. This is not forex trading, these are not derivatives, this is not capitalism vs socialism, this is not money printing.
It turns out BTC has more issues with avoiding 51% attack and selfish mining than Myriadcoin, that's what makes Myriadcoin potentially more secure and superior to Bitcoin. If you can't accept this fact because you're emotionally attached to your BTC, then you don't have an open mind, that's all, and that makes you an amateur investor, bound to lose in the long run.
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foodies123 (OP)
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March 20, 2014, 03:14:22 PM |
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Look man, putting alts against each other or create threads to pump your own is one thing. Quite another is making claims Satoshi didn't predict Asics, so this particular coin you're pumping is better and more useful and bla bla
It may even be an interesting coin, but people tend to forget that the point of mining is not profit, profit is a side-effect. PoW mining is done to solve double spend, secure the network, process transactions, meanwhile preventing forks and 51% attacks. If BTC mining with Asics solves the problem, then mining is okay.
Sure, I may flock to a coin to make more satoshis/€'s out of it and will love if I can pull more out of my GPUs. However if one makes money out of a coin, that is a side discussion. Further, the "fair distribution" is commendable, but it is also a side issue. These are cryptographic currencies. This is not forex trading, these are not derivatives, this is not capitalism vs socialism, this is not money printing.
at what point in my thread did I complain about the value of the coin ? I don't give two shits about the value what I do give two shits about is hypocrisy and there's a shitload of that in this subforum. you also tend to forget that mining is what generates the coin and is the base of its distribution and if that isn't decentralised neither will the coin be. so excuse me for saying this but you are far from the point of my thread.
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nope
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Wipeout2097
Sr. Member
Offline
Activity: 840
Merit: 255
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March 20, 2014, 03:35:02 PM |
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Look man, putting alts against each other or create threads to pump your own is one thing. Quite another is making claims Satoshi didn't predict Asics, so this particular coin you're pumping is better and more useful and bla bla
It may even be an interesting coin, but people tend to forget that the point of mining is not profit, profit is a side-effect. PoW mining is done to solve double spend, secure the network, process transactions while also preventing forks and 51% attacks. If BTC mining with Asics solves the problem, then mining is okay.
Sure, I may flock to a coin to make more satoshis/€'s out of it and will love if I can pull more out of my GPUs. However if one makes money out of a coin, that is a side discussion. Further, the "fair distribution" is commendable, but it is also a side issue. These are cryptographic currencies. This is not forex trading, these are not derivatives, this is not capitalism vs socialism, this is not money printing.
It turns out BTC has more issues with avoiding 51% attack and selfish mining than Myriadcoin, that's what makes Myriadcoin potentially more secure and superior to Bitcoin. If you can't accept this fact because you're emotionally attached to your BTC, then you don't have an open mind, that's all, and that makes you an amateur investor, bound to lose in the long run. I'm not attached to BTC, I use whatever "money" I have to buy "stuff" and also as a store of value outside of the "system" (that being IMF and bank account plundering for example). If Bitcoin fails, and I have to move to silver, so be it. I'm waiting to see other crypto-currency provide evidence it allows me more power, flexibility and safety. Until then, all other "superior" coins are just speculative instruments.
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luck5
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March 20, 2014, 04:33:03 PM |
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Look man, putting alts against each other or create threads to pump your own is one thing. Quite another is making claims Satoshi didn't predict Asics, so this particular coin you're pumping is better and more useful and bla bla
It may even be an interesting coin, but people tend to forget that the point of mining is not profit, profit is a side-effect. PoW mining is done to solve double spend, secure the network, process transactions while also preventing forks and 51% attacks. If BTC mining with Asics solves the problem, then mining is okay.
Sure, I may flock to a coin to make more satoshis/€'s out of it and will love if I can pull more out of my GPUs. However if one makes money out of a coin, that is a side discussion. Further, the "fair distribution" is commendable, but it is also a side issue. These are cryptographic currencies. This is not forex trading, these are not derivatives, this is not capitalism vs socialism, this is not money printing.
It turns out BTC has more issues with avoiding 51% attack and selfish mining than Myriadcoin, that's what makes Myriadcoin potentially more secure and superior to Bitcoin. If you can't accept this fact because you're emotionally attached to your BTC, then you don't have an open mind, that's all, and that makes you an amateur investor, bound to lose in the long run. I'm not attached to BTC, I use whatever "money" I have to buy "stuff" and also as a store of value outside of the "system" (that being IMF and bank account plundering for example). If Bitcoin fails, and I have to move to silver, so be it. I'm waiting to see other crypto-currency provide evidence it allows me more power, flexibility and safety. Until then, all other "superior" coins are just speculative instruments. Satoshi couldnt predict asics, how could he? "PoW mining is done to solve double spend, secure the network, process transactions while also preventing forks and 51% attacks. If BTC mining with Asics solves the problem, then mining is okay." I do LOVE bitcoin, but mining with asics doesnt solves the potential 51% problem, mining with 5 different algos (of which noone could have more than 20%) is more likely to solve it, dont u agree? "I'm waiting to see other crypto-currency provide evidence it allows me more power, flexibility and safety" Speaking of flexibility and safety, dont you see a HUGE improvement in a coin that allow you to mine it with whatever hardware is the most profitable time by time, and that even if ALL the asics of the world will be pointed to it, they could never ever mine more than 20%?? what do u need more for safety evidence?
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FilipZ
Member
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Activity: 80
Merit: 10
IGT-crypto - lifetime income from working exchange
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March 20, 2014, 04:55:57 PM |
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I think the main problem with myriad coin is there is just too damn many of them, the market is saturated with I think over 60 million coins now and it's only a month old? Hardly bears well for creating a scarce crypto currency to sit alongside Bitcoin. It may be fun for miners but what is the practical use for consumers, why should they want to exchange it for goods or services?
The actual quantity is irrelevant when it'd digital and divisible. It's relevant when there is no illusion of scarcity. Also why should consumers care if the coin is good for miners, people forget crypto is designed to be used as a currency, not a plaything or science project for miners, do you imagine the average person who knows nothing of SHS-256, Scrypt or CPU vs GPU mining wanting to use Myriad? I respect technical innovation but it still has to serve an end use at the end of the day. +1 finaly someone say it! I'm with you for 100%
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btc-mike
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March 20, 2014, 05:13:19 PM |
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What can I buy with Myriad, besides BTC?
I have mined myriad on and off since launch. It is technically interesting, but if there is no real use for it why should I continue to be interested?
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luck5
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March 20, 2014, 05:25:15 PM |
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What can I buy with Myriad, besides BTC?
I have mined myriad on and off since launch. It is technically interesting, but if there is no real use for it why should I continue to be interested?
What kind of question is this? Come on... First of all, MYR is not even one month old...!! And then, what can you buy with all of the 200+ other coins other than BTC??
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btc-mike
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March 20, 2014, 05:41:38 PM |
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What can I buy with Myriad, besides BTC?
I have mined myriad on and off since launch. It is technically interesting, but if there is no real use for it why should I continue to be interested?
What kind of question is this? Come on... First of all, MYR is not even one month old...!! And then, what can you buy with all of the 200+ other coins other than BTC?? You didn't even attempt to answer my question. Let my try a leading question. What will I be able to do with Myriad? Is there anything in the works? Yes Myriad is very young. I can't do anything with most of the 200+ coins which is why I don't care about them.
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ahmed_bodi
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March 20, 2014, 05:42:37 PM |
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What can I buy with Myriad, besides BTC?
I have mined myriad on and off since launch. It is technically interesting, but if there is no real use for it why should I continue to be interested?
What kind of question is this? Come on... First of all, MYR is not even one month old...!! And then, what can you buy with all of the 200+ other coins other than BTC?? You didn't even attempt to answer my question. Let my try a leading question. What will I be able to do with Myriad? Is there anything in the works? Yes Myriad is very young. I can't do anything with most of the 200+ coins which is why I don't care about them. Yes i will be working on payment modules for popular shopping carts so anyone can accept myriad
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Bitrated user: ahmedbodi.
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NotoriousBIT
Member
Offline
Activity: 82
Merit: 10
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March 20, 2014, 05:51:14 PM |
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What exchange(s) have MYR?
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luck5
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March 20, 2014, 05:58:07 PM |
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counter
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March 20, 2014, 06:18:47 PM |
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I agree with much of what you said in the OP. Good to see a discussion on the issue, I believe the mining game is kind of screwy and that is pretty much a fact in my mind. I shouldn't have to shell out a small fortune for a miner. I think that goes against what BTC stands for but that is my 2 cents.
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foodies123 (OP)
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March 20, 2014, 07:03:57 PM |
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What can I buy with Myriad, besides BTC?
I have mined myriad on and off since launch. It is technically interesting, but if there is no real use for it why should I continue to be interested?
What kind of question is this? Come on... First of all, MYR is not even one month old...!! And then, what can you buy with all of the 200+ other coins other than BTC?? You didn't even attempt to answer my question. Let my try a leading question. What will I be able to do with Myriad? Is there anything in the works? Yes Myriad is very young. I can't do anything with most of the 200+ coins which is why I don't care about them. here's a good question what could you buy with BTC 1 month after it was launched ? one year after ? ... now ? the point is if the miners adopt it it will inevitably be adopted by the general crypto populace. this is the point of this thread.
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nope
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btc-mike
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March 20, 2014, 07:39:32 PM |
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Yes i will be working on payment modules for popular shopping carts so anyone can accept myriad
That is pretty good. I like. here's a good question what could you buy with BTC 1 month after it was launched ? one year after ? ... now ? the point is if the miners adopt it it will inevitably be adopted by the general crypto populace. this is the point of this thread.
btc is way ahead of anything released in 2014. let's not compare (yet). miners are fickle. most jump from opportunity to opportunity. if there are no uses for myriad, they will move on. ahmed's payment module will provide a good use. I don't see any gambling for myriad. that was one btc's first uses.
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foodies123 (OP)
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March 20, 2014, 08:36:04 PM |
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Yes i will be working on payment modules for popular shopping carts so anyone can accept myriad
That is pretty good. I like. here's a good question what could you buy with BTC 1 month after it was launched ? one year after ? ... now ? the point is if the miners adopt it it will inevitably be adopted by the general crypto populace. this is the point of this thread.
btc is way ahead of anything released in 2014. let's not compare (yet). miners are fickle. most jump from opportunity to opportunity. if there are no uses for myriad, they will move on. ahmed's payment module will provide a good use. I don't see any gambling for myriad. that was one btc's first uses. There is, dice is online and coinbomb is in the works. Also btw myr is on coinedup.
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nope
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btc-mike
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March 20, 2014, 11:58:43 PM |
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Gambling on the blockchain? Boring...
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