plast555
|
|
February 10, 2015, 03:30:33 PM |
|
Mr legend must also think btc is a ponzi sceme aswell then. because miners are mining and selling to peeps for fiat. If btc buys dry up its game over. you sir just joined the whole crypto is a ponzi crowd in my book. good day to you and your rep. i have no time for missinformed ponzi shouters. peace
edit
Igotspots you are obviously doing sometging right as the naysayers and fudders have now entered the room. keep goin dude
You are totally right, miners produce every day BTC or whatever coins with their mining machines, they had to invest some money in that, we do the same here, we invested some money in coins to produce new coins, for me that is the same thing ! I don't see any difference
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
February 10, 2015, 03:35:32 PM |
|
Mr legend must also think btc is a ponzi sceme aswell then. because miners are mining and selling to peeps for fiat. If btc buys dry up its game over. you sir just joined the whole crypto is a ponzi crowd in my book. good day to you and your rep. i have no time for missinformed ponzi shouters. peace
edit
Igotspots you are obviously doing sometging right as the naysayers and fudders have now entered the room. keep goin dude
You are totally right, miners produce every day BTC or whatever coins with their mining machines, they had to invest some money in that, we do the same here, we invested some money in coins to produce new coins, for me that is the same thing ! I don't see any difference The difference is here you don't have huge electricity bills and tons of useless computers sitting around
|
|
|
|
peer2peer360
|
|
February 10, 2015, 03:35:52 PM |
|
Using manpower/computer/hardware/electricity to Complete a Task(Job) in order to get a desired result Is being considering a ponzi scheme??
If thats the case every lottery system could be construed as a "ponzi scheme" forbid if the game ever stops or becomes unavailable to the public somehow the other bag holders(non winners) lost money they chose to gamble with knowing the odds of not winning.
P2P360
Hence the term "Experiment".
|
|
|
|
timmyd
|
|
February 10, 2015, 03:39:05 PM |
|
Mr legend must also think btc is a ponzi sceme aswell then. because miners are mining and selling to peeps for fiat. If btc buys dry up its game over. you sir just joined the whole crypto is a ponzi crowd in my book. good day to you and your rep. i have no time for missinformed ponzi shouters. peace
edit
Igotspots you are obviously doing sometging right as the naysayers and fudders have now entered the room. keep goin dude
You are totally right, miners produce every day BTC or whatever coins with their mining machines, they had to invest some money in that, we do the same here, we invested some money in coins to produce new coins, for me that is the same thing ! I don't see any difference ive been saying the same since the early days of nxt. your pos coins are your mining machines. the massive difference is your coins (miners) do not incurr downtime do not wear do not lose power over time and are cheaper to run compared to a normal pow mining machine. The problem is you have lots of solid btc miners who have thousands invested in mining equipment who cannot realise that pos will eventually take over from conventional mining. mining is old tech now and is not very cost effective compared to buying a pos coin .i mean some day even btc will become pos.
|
|
|
|
plast555
|
|
February 10, 2015, 03:45:32 PM Last edit: February 10, 2015, 04:00:24 PM by plast555 |
|
Mr legend must also think btc is a ponzi sceme aswell then. because miners are mining and selling to peeps for fiat. If btc buys dry up its game over. you sir just joined the whole crypto is a ponzi crowd in my book. good day to you and your rep. i have no time for missinformed ponzi shouters. peace
edit
Igotspots you are obviously doing sometging right as the naysayers and fudders have now entered the room. keep goin dude
You are totally right, miners produce every day BTC or whatever coins with their mining machines, they had to invest some money in that, we do the same here, we invested some money in coins to produce new coins, for me that is the same thing ! I don't see any difference The difference is here you don't have huge electricity bills and tons of useless computers sitting around Yes of course !!! And no big tax fees, shipping, waiting and the most of that, my invested money is on my PC, nobody can steal that, can not break, and after all I already made ROI with MMXIV and 10k so...peace
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
February 10, 2015, 03:48:24 PM |
|
Using manpower/computer/hardware/electricity to Complete a Task(Job) in order to get a desired result Is being considering a ponzi scheme??
If thats the case every lottery system could be construed as a "ponzi scheme" forbid if the game ever stops or becomes unavailable to the public somehow the other bag holders(non winners) lost money they chose to gamble with knowing the odds of not winning.
P2P360
Hence the term "Experiment".
Lottery is quite different as prizes are paid from entries. Stake is created and rewarded for processing transactions and securing the public ledger (blockchain), not paid from a pool of money. The lottery just passes the same dollars back and forth between gambling addicts
|
|
|
|
peer2peer360
|
|
February 10, 2015, 03:59:29 PM Last edit: February 10, 2015, 04:31:19 PM by peer2peer360 |
|
Using manpower/computer/hardware/electricity to Complete a Task(Job) in order to get a desired result Is being considering a ponzi scheme??
If thats the case every lottery system could be construed as a "ponzi scheme" forbid if the game ever stops or becomes unavailable to the public somehow the other bag holders(non winners) lost money they chose to gamble with knowing the odds of not winning.
P2P360
Hence the term "Experiment".
Lottery is quite different as prizes are paid from entries. Stake is created and rewarded for processing transactions and securing the public ledger (blockchain), not paid from a pool of money. The lottery just passes the same dollars back and forth between gambling addicts. I definitely appreciate your input on that.. thanks alot.
|
|
|
|
Wesiematic
|
|
February 10, 2015, 04:03:19 PM |
|
Ok it is an experiment but 10000% yearly stake, lol surely not a ponzi .
|
there is always a light at the end of the tunnel...
|
|
|
YAdaminer
|
|
February 10, 2015, 04:05:52 PM |
|
Ok it is an experiment but 10000% yearly stake, lol surely not a ponzi . How would you make software miner?
|
|
|
|
YAdaminer
|
|
February 10, 2015, 04:08:09 PM |
|
Did anyone try to put wallet on some win smart phone?
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
February 10, 2015, 04:09:00 PM |
|
Did anyone try to put wallet on some win smart phone?
I would imagine that getting quite hot. I am, however, looking for an experienced Android (java) developer for something
|
|
|
|
timmyd
|
|
February 10, 2015, 04:14:06 PM |
|
Did anyone try to put wallet on some win smart phone?
I would imagine that getting quite hot. I am, however, looking for an experienced Android (java) developer for something hmmmm like it
|
|
|
|
Wesiematic
|
|
February 10, 2015, 04:15:22 PM |
|
Ok it is an experiment but 10000% yearly stake, lol surely not a ponzi . How would you make software miner? Don't understand your question, as i see it (just had a look) the coin had a pow-phase (sha256), no "new" miner needed and the rest is most possible the usual pos code, the same no new software needed (changed properties but nothing really new).
|
there is always a light at the end of the tunnel...
|
|
|
YAdaminer
|
|
February 10, 2015, 04:16:26 PM |
|
Did anyone try to put wallet on some win smart phone?
I would imagine that getting quite hot. I am, however, looking for an experienced Android (java) developer for something Android staking wallet would be HUGE. Bank and wallet in our pockets is key for spreading and wide adoption IMO.
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
February 10, 2015, 04:19:34 PM |
|
Did anyone try to put wallet on some win smart phone?
I would imagine that getting quite hot. I am, however, looking for an experienced Android (java) developer for something Android staking wallet would be HUGE. Bank and wallet in our pockets is key for spreading and wide adoption IMO. It's not for mobile use that I'm looking for one. A simple wallet is easy to do for Android, but once you get into staking, it would burn the fuck out of your leg from getting too hot. I have much stronger hardware available to me that could easily run some interesting Android applications if we can find the right person for the job. We basically have three people on our team for everything relating to MMXIV, BALLS, 10k, staking hardware, and I'm doing GorillaStake myself. Unfortunately nobody has enough experience with java or android to produce something I would deem reliable, yet
|
|
|
|
YAdaminer
|
|
February 10, 2015, 04:39:11 PM |
|
Ok it is an experiment but 10000% yearly stake, lol surely not a ponzi . How would you make software miner? Don't understand your question, as i see it (just had a look) the coin had a pow-phase (sha256), no "new" miner needed and the rest is most possible the usual pos code, the same no new software needed (changed properties but nothing really new). PoW phase was stage 1 in coin production/distribution. PoS is stage 2. Everyone looks at 10k in the same way they were looking into blackcoin at start when they came with short PoW phase. Logic for coin distribution is different here and being early adopter doesnt mean much cause breakeven point in PoW mining phase was 150k sat. and if you check rich list majority of big wallets are not dumping. Anyway, I can ask you to explain what FED doing with US$? Money availability produces consumption which then turns economy and any coin with small supply means only that it wont be used as money should. Anyway, there are many ways to look at 10k, many questions appears and I'm sure I don't have answers for many of them, but if you are smart, do invest some, at least small amount, not more than you are ready to lose and if you don't want, belive just what you want, noone here dont need to explain you anything.
|
|
|
|
YAdaminer
|
|
February 10, 2015, 04:42:40 PM |
|
Did anyone try to put wallet on some win smart phone?
I would imagine that getting quite hot. I am, however, looking for an experienced Android (java) developer for something Android staking wallet would be HUGE. Bank and wallet in our pockets is key for spreading and wide adoption IMO. It's not for mobile use that I'm looking for one. A simple wallet is easy to do for Android, but once you get into staking, it would burn the fuck out of your leg from getting too hot. I have much stronger hardware available to me that could easily run some interesting Android applications if we can find the right person for the job. We basically have three people on our team for everything relating to MMXIV, BALLS, 10k, staking hardware, and I'm doing GorillaStake myself. Unfortunately nobody has enough experience with java or android to produce something I would deem reliable, yet You thinking about new Raspberry Pi 2 quad core units, right?
|
|
|
|
peer2peer360
|
|
February 10, 2015, 04:51:21 PM Last edit: February 10, 2015, 05:11:37 PM by peer2peer360 |
|
- Press Article - Multipool - Adoption (community) - Casino Game
a combination of a just one of two could potentially enhance the attraction of 10K And increase its value overall.
this is only the beginning.
Additionally by offering Cloud Staking 2.0 a.k.a Gorilla Staking service could be looked at as a way to ensure continuing success of its projects.
Early adopters mostly, & usually are handsomely rewarded for their vision. I could be wrong normally i am.
P2P360
|
|
|
|
Wesiematic
|
|
February 10, 2015, 04:52:26 PM |
|
Ok it is an experiment but 10000% yearly stake, lol surely not a ponzi . How would you make software miner? Don't understand your question, as i see it (just had a look) the coin had a pow-phase (sha256), no "new" miner needed and the rest is most possible the usual pos code, the same no new software needed (changed properties but nothing really new). PoW phase was stage 1 in coin production/distribution. PoS is stage 2. Everyone looks at 10k in the same way they were looking into blackcoin at start when they came with short PoW phase. Logic for coin distribution is different here and being early adopter doesnt mean much cause breakeven point in PoW mining phase was 150k sat. and if you check rich list majority of big wallets are not dumping. Anyway, I can ask you to explain what FED doing with US$? Money availability produces consumption which then turns economy and any coin with small supply means only that it wont be used as money should. Anyway, there are many ways to look at 10k, many questions appears and I'm sure I don't have answers for many of them, but if you are smart, do invest some, at least small amount, not more than you are ready to lose and if you don't want belive what you want noone here dont need to explain you anything. You don't have to explain it to me, i'm not asking for explanations, i answered just a question which was addressed to me, my opinion is readable in my former post and thats it, but thank you .
|
there is always a light at the end of the tunnel...
|
|
|
qiwoman2
Legendary
Offline
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
|
|
February 10, 2015, 04:56:26 PM |
|
I just sent in a coin request to POLONIEX so hope they add it..
|
|
|
|
|