Xian01
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Christian Antkow
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May 11, 2015, 05:23:59 PM
Last edit: May 11, 2015, 05:57:27 PM by Xian01 |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Gleb Gamow
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May 11, 2015, 05:44:06 PM |
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Brutal article. Homero is so hosed... Yep, great article. I wonder if Ian Demartino is interested in penning an article on how a well-known bitcoin miner manufacturer used a third party payment processor as an exchange to launder tens of millions of dollars prior to the FTC shuttin' them down briefly last year. |
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suchmoon (OP)
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https://bpip.org
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May 11, 2015, 05:47:35 PM |
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tl;dr someone?
I'm the writer, here is basically what happened: I ask him a bunch of questions, he tries to answer them, but then I ask follow-ups and he ducks out. Feel free to skip the intro, it is mostly for people who haven't heard of Paycoin. I think you'll enjoy some of my responses to him, worth a skim at least. Trying to put a Hashtalk ban on your resume?  https://hashtalk.ch/topic/37607Nice article BTW, you managed to get him tangled and pissed off really well. |
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Crestington
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Activity: 882
Merit: 1024
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May 11, 2015, 05:51:19 PM |
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"irregularities in our contracts"  Right so their hands are tied while the ASICs are switched off, so no doubt they'll be allowing people to withdraw their funds in the meantime, right? Cos', you know, mining machines being switched off doesn't affect a bitcoin wallet, sooooooo, sure, yeah, they'll let people withdraw their funds while their 'lawyers' are dealing with the ASIC power-supply issue. That is so going to happen. We are going to be proven sooooo wrong about them being a Ponzi as they let people withdraw their funds while the miners are offline. That is so going to happen. I heard they called their lawyers so many times they installed a phone to speed up the process a bit.  The only ones making money hand over fist are the lawyers. |
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bitpop
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Activity: 2912
Merit: 1060
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May 11, 2015, 05:54:44 PM |
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tl;dr someone?
I'm the writer, here is basically what happened: I ask him a bunch of questions, he tries to answer them, but then I ask follow-ups and he ducks out. Feel free to skip the intro, it is mostly for people who haven't heard of Paycoin. I think you'll enjoy some of my responses to him, worth a skim at least. Trying to put a Hashtalk ban on your resume? https://hashtalk.ch/topic/37607Nice article BTW, you managed to get him tangled and pissed off really well. Yup they're still retarded |
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miaviator
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Activity: 686
Merit: 519
It's for the children!
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May 11, 2015, 06:11:20 PM |
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tl;dr someone?
I'm the writer, here is basically what happened: I ask him a bunch of questions, he tries to answer them, but then I ask follow-ups and he ducks out. Feel free to skip the intro, it is mostly for people who haven't heard of Paycoin. I think you'll enjoy some of my responses to him, worth a skim at least. Trying to put a Hashtalk ban on your resume? https://hashtalk.ch/topic/37607Nice article BTW, you managed to get him tangled and pissed off really well.  |
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favdesu
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Activity: 1764
Merit: 1000
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May 11, 2015, 06:12:43 PM |
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tl;dr someone?
I'm the writer, here is basically what happened: I ask him a bunch of questions, he tries to answer them, but then I ask follow-ups and he ducks out. Feel free to skip the intro, it is mostly for people who haven't heard of Paycoin. I think you'll enjoy some of my responses to him, worth a skim at least. Trying to put a Hashtalk ban on your resume? https://hashtalk.ch/topic/37607Nice article BTW, you managed to get him tangled and pissed off really well. [Josh Garza declined to answer this question] incredible article! |
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ladrx
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May 11, 2015, 06:23:31 PM |
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Heh, looks like you got under Mr Ganza's skin quite a bit there, Ian - well done.  |
Adam Matlack 1/5/2014: "Not but 30 seconds later, the Holy Spirit slapped me upside the head and said "what are you thinkin'? What are you doin'?" It was an emphatic "NO". And I got - just guilt started to cover me"
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favdesu
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Activity: 1764
Merit: 1000
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May 11, 2015, 06:24:34 PM |
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 downvote, troll, fudster, shadowban. it's time!  |
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cryptodevil
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Thread-puller extraordinaire
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May 11, 2015, 07:11:14 PM |
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tl;dr someone?
I'm the writer, here is basically what happened: I ask him a bunch of questions, he tries to answer them, but then I ask follow-ups and he ducks out. Feel free to skip the intro, it is mostly for people who haven't heard of Paycoin. I think you'll enjoy some of my responses to him, worth a skim at least. Trying to put a Hashtalk ban on your resume? https://hashtalk.ch/topic/37607Nice article BTW, you managed to get him tangled and pissed off really well. [Josh Garza declined to answer this question] incredible article! Hahahaaaaaa! Don't tl;dr it. Well worth the read! |
WARNING!!! Check your forum URLs carefully and avoid links to phishing sites like 'thebitcointalk' 'bitcointalk.to' and 'BitcointaLLk' |
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flyingplows
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May 11, 2015, 07:14:08 PM |
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downvote, troll, fudster, shadowban. it's time! The right answer to this should have been that PayCON is already better than PayCoin, but still worse than Bitcoin. If you want to talk serious cryptos, that is... |
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Crestington
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May 11, 2015, 07:41:35 PM |
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downvote, troll, fudster, shadowban. it's time! The right answer to this should have been that PayCON is already better than PayCoin, but still worse than Bitcoin. If you want to talk serious cryptos, that is... PayCon is actually better because it has a fairer distribution and doesn't have selective hyper-inflating wallets, instead it has high inflation equally with static rewards which means the early adopters gain the most benefit. At the end of Pow there was 2 million coins, now there are 6.4 million coins so many have doubled or tripled their coins but because there is a static reward the amount of inflation compared to the money supply is reducing over time. Inflation is just high enough to keep price stable so although price is up 200-300% from the end of Pow, when compared to the money supply it is more like 1000% increase in price.Liquidity is still an issue to sell a large portion at once but if you can sell your principal and still have the same amount left, that's roi. That's not even including all the wallet features introduced. Bitcoin is still better though, at least in terms of market adoption. |
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Gleb Gamow
In memoriam
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May 11, 2015, 08:03:43 PM |
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Hi everyone, working on a story about everyone's favorite coin.
So, you all probably know Josh "burned" some coins through a transaction fee. The whitepaper as most of you probably know, states that Orion Controllers will get fees from transactions. People on hashtalk say that never got implemented but was destroyed.
I've been looking over their github, but I'm not a programmer and am a little over my head, really driving home the fact that I need to take a crash course on this kind of stuff. Common sense and following variables only get you so far. Can anyone find me the relevant section in the github that proves what happens to Tx fees either way? I'll give your twitter or BTT account (or whatever account) a shout out in the article if you would like.
Thanks.
No one help him.What a Prick, with a capital P. |
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jdebunt
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May 11, 2015, 08:23:08 PM |
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This really is one of the most active topics on BTCTalk in a while lol  |
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capsqrl
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May 11, 2015, 08:28:51 PM |
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http://cryptoprivateinvestorgroup.org/ looks so wonderfully absurd now. It's back up, but has a banner saying "This site was created using WIX.com. Create your own for FREE" An investor group hosted on a free web hosting service. Thrifty investors!
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favdesu
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Merit: 1000
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May 11, 2015, 08:33:32 PM |
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http://cryptoprivateinvestorgroup.org/ looks so wonderfully absurd now. It's back up, but has a banner saying "This site was created using WIX.com. Create your own for FREE" An investor group hosted on a free web hosting service. Thrifty investors! nice find. don't forget to archive it  |
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bitpop
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May 11, 2015, 08:45:06 PM |
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http://cryptoprivateinvestorgroup.org/ looks so wonderfully absurd now. It's back up, but has a banner saying "This site was created using WIX.com. Create your own for FREE" An investor group hosted on a free web hosting service. Thrifty investors! Every last paycorn goes to the people |
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bitpop
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May 11, 2015, 09:15:15 PM |
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Obviously people, not the muggles like gawtards Homeros definition of people's coin doesn't include muggles |
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