Topic: [ANN][SIM] Simcoin - A Simple Coin - page 47. (Read 157733 times)

If some of you hope the IPO will close at 200 investors - it won't.

Muahahahaha!

Please read the OP, it's all explained there.

So how does the current IPO price move or increase? Should'nt IPO price be fixed? and if its not then on what basis is it moving up?

Default encryption doesn't prevent you from adding your own layer of encryption on top of it, if you need it.

People can use encryption for their emails. Any one they prefer. How many actually do it?

The beauty of a built-in default encryption is that, as a user, I don't have to worry about anything. I don't even need to generate keys and do all the other setup tasks, like for PGP.

And another blessing is compatibility. When you have one, strong encryption for everybody - it's good. When you have to use different encryption schemes for each of your recipients - not so much...

It's not news? Not sure why everyone thinks this is a big deal. I don't think it's mentioned anywhere that NXT messages are encrypted, and in fact, they are purposefully (by default) made to be non-encrypted so people can choose use to use their own encryption. As an example, the internet is not encrypted by default as well - encryption is built on-top of it.

Pandaisftw

lol I suck in that department

Oh, I wish everyone would be so conscious! Thanks.

There will be more opportunities, if you stick around So no need to invest too much.



Suggest. We tried.

Nice coin, I invested 2.5 today. I can invest more if you want it but didn't want to skew the distribution too much, as an even and wide distribution is needed to avoid complaints made against NXT for example. I like this coin and will help promote it after you launch. Hope you can find a better name though

Well, there is a bit of blame on those people too, of course. One should be more paranoid and double check things like that. But part of the blame goes to system designers.

For Simcoin, one of my earlier designs allowed a sniffer to identify sender's account used for packet encryption.

Well, I thought, I'll be lazy and let users create a separate account just for communication. Problem solved! Less work for me.

But then I thought: come on! How many people will bother to actually do it? They will assume the system is secure by default and use their primary account.

So I went back to the drawing board and redesigned it. Now packets look like random noise and should not reveal any information at all.

We can't rely on our users to be cryptoexperts unfortunately.

Absolutely delicious.
Interesting though, that the NXT price did not cave with these news.

I love this one the best

9835637320256749492   NXT-3D7E-TMVY-ZL8K-EFBT6   NXT-RMJ5-9QUC-QSBY-92XWK   

Hey Stephanie I see you are holding on to those coinz! Nice! He re a fully encrypted message from me to you. You can share all your pr ivate details here as no one, even the NSA, can see this but me! O h, and send me a message back so that your account did at least one ou tgoing transaction, that way it becomes more secure. Nice to meet in c ryptospace    

2014-05-14 22:06:33

And the whole world

Thanks, will keep in mind.

Antanst - check his username...

https://nxtforum.org/nextblocks-info/ann-nextblocks-info-nxt-ae-explorer-block-explorer-and-wallet-(coming-soon)

By the way, who made this blockexplorer? Nice piece of work, very responsive.

And that's why all messages in Simcoin will be encrypted from the start, by default, always.

Such a blunder...

Oh yeah, it's hilarious

In case someone doesn't understand what we're talking about http://nextblocks.info/#section/blockexplorer_messages

PGP is ALWAYS a friend 

Latest NXT fiasco, just wow.

People are sending private messages to each other, thinking they are encrypted, and they are not.

This is what happens when you don't think things through and just trow them in the pile.

I am sure it will be fixed in the next version of clients, but for christ sake...

TRUE

Its a mathematical certainty you will make money if you invest in every IPO that comes around, some don't offer escrow, some almost always do to appear pseudo legitimate while still taking the bulk of their investments directly to a wallet they own. but the maths doesn't lie

If you had invested 1 btc into every single IPO that has been advertised on this website. You would be up over 200-300 btc, now the majority of IPO's are scams and you will loose your money, but considering a large % offer escrow, so your funds are at least returned if it is a scam lowering the actual chances of loosing your original money and take into fact the return rates of a lot of the real ones are huge. statistics don't lie

You will get emotional dumb fucks claims "all IPO's are scams" "never invest in IPO's"

considering the facts i just mentioned before proves that it is just that overly emotional bullshit, because mathematically , if you had invested 1 btc in every single IPO on this website since it's inception you would be up $100,000-$150,000

This is also the exact reason for people investing into IPO's and so easily being scammed, you only need 1 IPO out of over 20 and you are thousands of dollars in profit including the loses from the other IPO's

Qora has just recently been released, putting 1 btc into that IPO would of returned 88 btc if sold at 100 satoshi, now this coin is relatively brand new and the price has reach over 100 sat once or twice already, and it supposedly going to go higher.