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fedmahnkassad
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May 15, 2014, 05:09:15 AM
Last edit: May 15, 2014, 05:51:13 AM by fedmahnkassad |
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Miners have dumped the price of NAUT and have now moved on. Let's fork to PoS and PoT (FLT). Miners are just bending us over and picking the btc from our pockets.
+1 Anyway, I don't understand why use the stabilization fund to feed miners when you can go PoS/PoT and take them out of the equation. The fund will have a much bigger influence on a PoS coin. |
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neuroMode
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May 15, 2014, 06:38:02 AM |
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Miners have dumped the price of NAUT and have now moved on. Let's fork to PoS and PoT (FLT). Miners are just bending us over and picking the btc from our pockets.
+1 Anyway, I don't understand why use the stabilization fund to feed miners when you can go PoS/PoT and take them out of the equation. The fund will have a much bigger influence on a PoS coin. Because PoS coins are pieces of shit coins. No work is done to create the coin. It's the closest anyone can get to a pyramid scheme. PoS coins enable early bagholders with lopsided distribution whose jobs then become to sell it off to the next person at a higher price than they bought it for. |
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erxingqian
Jr. Member
 Offline
Activity: 59
Merit: 10
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May 15, 2014, 06:42:22 AM |
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If the launch, I will participate in.Keep up the good work.
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Free Distribution 50,000,000 VPNCOIN !!! (https://bitcointalk.org/index.php?topic=789961.0) Vm4x3embyDXSsNJC7WWxgc461qPNYWwcdi[/color]
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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May 15, 2014, 09:22:33 AM |
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Miners have dumped the price of NAUT and have now moved on. Let's fork to PoS and PoT (FLT). Miners are just bending us over and picking the btc from our pockets.
+1 Anyway, I don't understand why use the stabilization fund to feed miners when you can go PoS/PoT and take them out of the equation. The fund will have a much bigger influence on a PoS coin. Because PoS coins are pieces of shit coins. No work is done to create the coin. It's the closest anyone can get to a pyramid scheme. PoS coins enable early bagholders with lopsided distribution whose jobs then become to sell it off to the next person at a higher price than they bought it for. Expecting to sell "shares" of something at market price that then has a 1%, 5%, or 10% per day inflation is the problem. Inflation should be 2% a year and not 2% per day. The logical thing to do would be to buy the coin after it is 100% mined. Another analogy would be like selling shares of a company in a stock offering and then 10 days later you find out there are twice as many shares. And then months later there are 5 times more than that. Why would you buy early? This is all simple math and facts that cannot be argued. They are truth. It pains me to watch Bitcoin drop in value every month having to deal with such a high inflation rate. At least Bitcoin should be able to handle it at some point. Other coins -- maybe not. This is why PoS coins work to hold value. And there is no reason they cannot be mined for a limited time either. There is middle ground. I think my point has already been made by the price. I hope the right choices are made in the coming weeks and months. Best of luck. I would love to see this project work well. |
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maxsinner
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May 15, 2014, 09:59:47 AM |
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Miners have dumped the price of NAUT and have now moved on. Let's fork to PoS and PoT (FLT). Miners are just bending us over and picking the btc from our pockets.
+1 Anyway, I don't understand why use the stabilization fund to feed miners when you can go PoS/PoT and take them out of the equation. The fund will have a much bigger influence on a PoS coin. Because PoS coins are pieces of shit coins. No work is done to create the coin. It's the closest anyone can get to a pyramid scheme. PoS coins enable early bagholders with lopsided distribution whose jobs then become to sell it off to the next person at a higher price than they bought it for. Expecting to sell "shares" of something at market price that then has a 1%, 5%, or 10% per day inflation is the problem. Inflation should be 2% a year and not 2% per day. The logical thing to do would be to buy the coin after it is 100% mined. Another analogy would be like selling shares of a company in a stock offering and then 10 days later you find out there are twice as many shares. And then months later there are 5 times more than that. Why would you buy early? This is all simple math and facts that cannot be argued. They are truth. It pains me to watch Bitcoin drop in value every month having to deal with such a high inflation rate. At least Bitcoin should be able to handle it at some point. Other coins -- maybe not. This is why PoS coins work to hold value. And there is no reason they cannot be mined for a limited time either. There is middle ground. I think my point has already been made by the price. I hope the right choices are made in the coming weeks and months. Best of luck. I would love to see this project work well. Well said, mate. The average miner thinks the whole world revolves around hash power. I find that amusing. |
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Lpingui
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May 15, 2014, 11:47:24 AM |
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I liked the COINS, but unfortunately, I'm on guard!
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HEISENAIR
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May 15, 2014, 12:07:55 PM |
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I liked the COINS, but unfortunately, I'm on guard!
I have no idea what this means?? |
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maxsinner
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May 15, 2014, 12:22:46 PM |
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I liked the COINS, but unfortunately, I'm on guard!
I have no idea what this means?? It means he does not want his ass to get raped, so he is guarding it. |
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Gunther
Legendary
Offline
Activity: 840
Merit: 1000
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May 15, 2014, 12:25:40 PM |
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BK: This must really amuse you. All the n00b traders in cryptoworld. I mean, most people are so impatient. What do they expect? To make a million dollar in a week?
Mine, buy, hold, build.
Same for DigiByte.
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exoton
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May 15, 2014, 12:52:22 PM |
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finally dif is back to normal , i love it  but now 0feepool holds most of the net hashrate i think |
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maxsinner
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May 15, 2014, 12:55:41 PM |
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BK: This must really amuse you. All the n00b traders in cryptoworld. I mean, most people are so impatient. What do they expect? To make a million dollar in a week?
Mine, buy, hold, build.
Same for DigiByte.
BK might get bored pretty soon with his side project the same way that MK got bored pretty soon with MAX. |
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bamsterdam
Sr. Member
Offline
Activity: 453
Merit: 261
Look Morty magic internet money
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May 15, 2014, 01:11:16 PM |
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BK: is this stabilization fund already taking place? What is the status of mintpal exchange? And coinmarketcap?
What are your other short term goals?
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maxsinner
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May 15, 2014, 01:19:22 PM |
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Now on coinmarketcap.
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kalenen
Sr. Member
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Activity: 404
Merit: 250
Beware
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May 15, 2014, 02:07:14 PM |
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Listen up!
We really need to go to Poloniex and eat thos cheap Naut right now.
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multi-pool.eu
Full Member
Offline
Activity: 126
Merit: 100
http://www.multi-pool.eu
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May 15, 2014, 02:23:30 PM |
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FlyingMongoose
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May 15, 2014, 02:23:58 PM |
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Listen up!
We really need to go to Poloniex and eat thos cheap Naut right now.
Buy buy buy! |
qoinpro.com/951c974b34f66cc68e805832df0c9d8c
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jjj0923
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May 15, 2014, 03:27:51 PM |
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the network hash rate went way down this morning and I jumped in with 200 mhs of mining power plus I bought a ton at 15,000
oh yea!
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BK_PHI (OP)
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May 15, 2014, 03:33:07 PM |
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the network hash rate went way down this morning and I jumped in with 200 mhs of mining power plus I bought a ton at 15,000
oh yea!
Well then you are happy because the NSF is buying at 19,000 right now! |
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