synechist
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 08:57:59 PM |
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I am just waiting for a site to feature the official unofficial mascot. One day MountainGoat.
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Co-Founder, the Blocknet
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sugarboy321
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 08:58:06 PM Last edit: September 24, 2014, 09:26:11 PM by sugarboy321 |
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Guys do you think BTC is DEAD? I mean it seem it is on the verge on another Dump after the paypall ann..
Yes, I have done some research on this. Bitcoin is suffering from a few hiccups that will turn into a full grown plague and die a gruesome death, then it will get run over by a train. In bitcoin the P2P node and the miner are separate, unlike XC where the node and POS is incorporated in the wallet. This article explains that there is no benefit from having a Node online. All the benefits go to the miners who are rewarded for processing the transaction. If there are few nodes operating it might create a bottleneck for transactions to be processed. http://www.coindesk.com/bitcoin-nodes-need/The bitcoin difficulty requires the miners who process the transaction to use ASIC miners. They use a lot of power and generate a lot of heat, from what I have read forcing the miners to convert BTC to Fiat to pay for the Cooling and the energy expenses. If the bitcoin price drops below the miners expenditures than the miner might be taken offline until the price becomes profitable. The more miners taken offline then the slower the bitcoin transaction will take. I personally do not believe that ASIC technology will be able to keep up with the bitcoin difficulty vs profit. I also do not believe that bitcoin will reach it's 21 million max coin mark. I believe the only hope bitcoin has is to convert to a POS system, this will piss a lot of ASIC miners off because they spent $50,000 for mining gear. https://bitcointalk.org/index.php?topic=68213.0please be kind in your responses ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Oh yeah, forget to mention this, BLOCKCHAIN bloat anyone? The size requirements are enormous. Current space requirements 22 GB, as of today. https://blockchain.info/charts/blocks-size
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 08:58:58 PM |
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I am just waiting for a site to feature the official unofficial mascot. One day MountainGoat. On a more serious note, this is a high quality article. It's great to see more and more solid, original work about XC coming out.
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Co-Founder, the Blocknet
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sugarboy321
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 09:00:17 PM |
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XCurrency needs its own exchange.
Xchange? Nice, I like that.
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rdnkjdi
Legendary
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Activity: 1256
Merit: 1009
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 09:02:33 PM |
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XCurrency needs its own exchange.
Xchange? Nice, I like that. You should partner with Jasinlee. He's coming out with one. https://fibonacci.io/
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laredo7mm
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 09:04:32 PM |
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I am just waiting for a site to feature the official unofficial mascot.
imgur has you covered ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBXk1mrQ.jpg&t=665&c=flg0RIulRn5-2w)
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Mountaingoat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 09:09:05 PM |
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Granted that this isn't my finest work, but here is another one of my creations. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FWzVohB4.png&t=665&c=N6oNZADZmRuOVw)
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 09:10:40 PM |
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My, what a... metaphysical cape you have.
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Co-Founder, the Blocknet
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sugarboy321
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 09:10:47 PM |
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I am just waiting for a site to feature the official unofficial mascot.
imgur has you covered It needs a XC tattoo on his forehead.
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Mountaingoat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 09:13:31 PM |
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My, what a... metaphysical cape you have. It isn't one of my finest creations unfortunately.
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policymaker
Full Member
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Offline
Activity: 210
Merit: 100
Crypto Currency Supporter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 24, 2014, 09:21:52 PM |
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I am noticing something.
Almost everybody in this thread is very exited and supportive of XCurrency and they say that this is going to be the coin of the future.
But when I go to another coin thread I see the exact same thing.
Can somebody explain to me why this is?
From the first time Dan was proven to be the real him, this coin gained a lot of attention I assure you. A couple of months ago or more, I think around June, I had a very interesting discussion with some1 much more experienced in crypto than me, and a lot of people in here actually. He raised some quite legitimate concerns on a couple of XC weaknesses/flaws, that he supported where enough not to let him invest in the coin(at least not that much). He did agree that XC the second most serious privacy competitor in a market of two, because of Dan's resume and up to then results in XC. That was pre-rev1. The couple of "issues" he brought up, have since been ironed out, eradicated, actually. So if I were to take his word back then, and fast forward to today, with all the latest XC buzz even he would go all in XC.
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cryptico
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September 24, 2014, 09:35:27 PM |
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Granted that this isn't my finest work, but here is another one of my creations. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FWzVohB4.png&t=665&c=N6oNZADZmRuOVw) ahhahahahahahhahahahah GENIUS!!
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holyprofit
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September 24, 2014, 09:46:46 PM |
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Superb ! I just love rereading it
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holyprofit
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September 24, 2014, 09:52:07 PM |
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Incidentally, how does mintpal go from doing a "seamless" transition to taking 4 days and counting? If they have transferred my coins without mishap I'll be amazed.
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shakesbear
Member
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Offline
Activity: 684
Merit: 10
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September 24, 2014, 09:55:09 PM |
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I am noticing something.
Almost everybody in this thread is very exited and supportive of XCurrency and they say that this is going to be the coin of the future.
But when I go to another coin thread I see the exact same thing.
Can somebody explain to me why this is?
shills shills everywhere
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hoertest
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September 24, 2014, 10:26:45 PM |
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great thats a start. hope they are faster at changing the name as cryptsy. perhaps teka finds the time to make an official request. would have more chances coming from the team and puts xcurrency on their mind already. is this voting only for them to get feedback or do they actually add the leaders every once in a while? do they also add coins they personally want despite not beeing high in vote rank? I'm shure they read the big news outlets so must have heard about XC a lot lately.
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hoertest
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September 24, 2014, 10:27:53 PM |
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jibble
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September 24, 2014, 10:51:48 PM |
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great thats a start. hope they are faster at changing the name as cryptsy. perhaps teka finds the time to make an official request. would have more chances coming from the team and puts xcurrency on their mind already. is this voting only for them to get feedback or do they actually add the leaders every once in a while? do they also add coins they personally want despite not beeing high in vote rank? I'm shure they read the big news outlets so must have heard about XC a lot lately. Yeah they usually add the one on the top of that list between every 1-3 weeks. from twitters ann's it could be pretty much any day of the week. They also add other coins , dunno exactly how their decision process goes, but yeah they add other coins outside of that voting list(not to mean ones not on the list, but coins lower down that are showing to be a good option to add)
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3r197
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September 24, 2014, 11:50:25 PM |
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Anyone see the trend to the accumulation bots. This can't happen forever, hint, hint... But if it does, at least the damn bot's for once are causing the coin to rise.
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