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Topic: delete - page 13. (Read 113473 times)

sr. member
Activity: 252
Merit: 250
March 29, 2014, 09:28:40 PM
then? it died this bastard? or it still breathing? (i've lost 2 BTC on AUR)  Grin

At the moment, the coin is perfectly fine.  This thread is basically a train wreck.

It's main risk now is that the misinformation spread will lower it's value so that it will be susceptible to a real attack.  The coin simply needs to regain some confidence and it should be fine.  There's no guarantee, but assuming it recovers there is a lot of potential.


so you registered 4 days ago and have made 4 comments ? hmmmm
new user scam pumper / ponzi defender ? shell account puppet no. 837465665628478278472874872487 here at Bitcointalk forums lol

Not everybody feels the need to spend their life trolling a shitty message board mate.
legendary
Activity: 938
Merit: 1000
March 29, 2014, 09:07:37 PM
then? it died this bastard? or it still breathing? (i've lost 2 BTC on AUR)  Grin

At the moment, the coin is perfectly fine.  This thread is basically a train wreck.

It's main risk now is that the misinformation spread will lower it's value so that it will be susceptible to a real attack.  The coin simply needs to regain some confidence and it should be fine.  There's no guarantee, but assuming it recovers there is a lot of potential.

lol hilarious you are delusional.. your saying a coin that had pretty much the largest premine in all of Altcoin history "will be just fine" ?
in other words a lot of people will see the scam as what it is.. it's going no where. besides why should i care about supporting a premined clone for Iceland ?
coins get posted om exchanges the price starts out high then it tanks and mining profitability dies off and people wander away.

sorry but most of you don't know how this all works and have no clue what patterns repeat endlessly..
a lot of potential my god damn ass lol
gimme a break

dumb little contrarians deserve to lose their money and don't i say i never warned you gullible scammer puppets..

reality is far more profitable then bs propaganda Wink

so you registered 4 days ago and have made 4 comments ? hmmmm
new user scam pumper / ponzi defender ? shell account puppet no. 837465665628478278472874872487 here at Bitcointalk forums lol

I am not sure that this is the correct thread for you to be debating the merits/lack thereof of AUR. You can go to BCX's other thread for that. This is about whether or not a 51% attack occurred and was successful. Many pools did seem to be reporting various network diffs and the existing blocks but now all seem to be in sync. I am not sure what the hell that all means but it certainly looks better than it did. Is it possible we are looking at a failed attack? Even so is there actual damage done? Given that BCX has not chimed in I am starting to think there is now no news, but I await a post to see what is claimed next. The coin does appear to be fine right now. I wonder if a black hat tried to attack AUR I wonder if they would be too embarrassed to take credit.
full member
Activity: 145
Merit: 100
March 29, 2014, 09:04:32 PM
then? it died this bastard? or it still breathing? (i've lost 2 BTC on AUR)  Grin

At the moment, the coin is perfectly fine.  This thread is basically a train wreck.

It's main risk now is that the misinformation spread will lower it's value so that it will be susceptible to a real attack.  The coin simply needs to regain some confidence and it should be fine.  There's no guarantee, but assuming it recovers there is a lot of potential.

lol hilarious you are delusional.. your saying a coin that had pretty much the largest premine in all of Altcoin history "will be just fine" ?
in other words a lot of people will see the scam as what it is.. it's going no where. besides why should i care about supporting a premined clone for Iceland ?
coins get posted om exchanges the price starts out high then it tanks and mining profitability dies off and people wander away.

sorry but most of you don't know how this all works and have no clue what patterns repeat endlessly..
a lot of potential my god damn ass lol
gimme a break

dumb little contrarians deserve to lose their money and don't i say i never warned you gullible scammer puppets..

reality is far more profitable then bs propaganda Wink

so you registered 4 days ago and have made 4 comments ? hmmmm
new user scam pumper / ponzi defender ? shell account puppet no. 837465665628478278472874872487 here at Bitcointalk forums lol

I'm not sure this is even worth replying to.

Everyone was told it was 50% premine up front, that's the entire point of the coin.  I don't think you know what the word "scam" means.  It's only a scam if the developer is stealing coins from the premines, and most signs point to that not having happened to this point.  As it is, it's perfectly clear how the coin is set up.

No one is being forced to spend any money buying coins or mining this currency.  No one is forced to speculate, though they may choose to if they would like.  Personally, while it's possible the coin declines in value, as I said, I think the potential is worth it.  If you don't, then don't touch it, simple as that.

But like I said, this thread is one giant FUD-filled derail, so continue to so if you'd like.

So like I said, at this point in time, the coin is fine.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
March 29, 2014, 08:55:43 PM
then? it died this bastard? or it still breathing? (i've lost 2 BTC on AUR)  Grin

At the moment, the coin is perfectly fine.  This thread is basically a train wreck.

It's main risk now is that the misinformation spread will lower it's value so that it will be susceptible to a real attack.  The coin simply needs to regain some confidence and it should be fine.  There's no guarantee, but assuming it recovers there is a lot of potential.

lol hilarious you are delusional.. your saying a coin that had pretty much the largest premine in all of Altcoin history "will be just fine" ?
in other words a lot of people will see the scam as what it is.. it's going no where. besides why should i care about supporting a premined clone for Iceland ?
coins get posted om exchanges the price starts out high then it tanks and mining profitability dies off and people wander away.

sorry but most of you don't know how this all works and have no clue what patterns repeat endlessly..
a lot of potential my god damn ass lol
gimme a break

dumb little contrarians deserve to lose their money and don't i say i never warned you gullible scammer puppets..

reality is far more profitable then bs propaganda Wink

so you registered 4 days ago and have made 4 comments ? hmmmm
new user scam pumper / ponzi defender ? shell account puppet no. 837465665628478278472874872487 here at Bitcointalk forums lol
full member
Activity: 145
Merit: 100
March 29, 2014, 08:38:35 PM
then? it died this bastard? or it still breathing? (i've lost 2 BTC on AUR)  Grin

At the moment, the coin is perfectly fine.  This thread is basically a train wreck.

It's main risk now is that the misinformation spread will lower it's value so that it will be susceptible to a real attack.  The coin simply needs to regain some confidence and it should be fine.  There's no guarantee, but assuming it recovers there is a lot of potential.
sr. member
Activity: 686
Merit: 266
March 29, 2014, 07:48:12 PM
then? it died this bastard? or it still breathing? (i've lost 2 BTC on AUR)  Grin
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
March 29, 2014, 07:35:51 PM
I am not sure about this, "Every bigger government agency or bank is able to destroy Bitcoin by building a shitton of ASICs." but, I would think that the Chinese government could pull it off easily.

What about pow/pos coins simply having more hash is not enough to destroy the coin then is it?  Is the old chestnut that you need 51% of the coins also to attack it true?  i read something on another thread by someone who seemed to know what he was talking about saying that you do not need 51% of the coins at all to attack a pow+pos coin?

I know pos coins bring their own set of issues but do they add a layer of protection or not? 

How many ways are there to attack the chain... 51% forcing a fork of the chain,  timewarp ?,  what other weaknesses do these coins have?
sr. member
Activity: 297
Merit: 250
March 29, 2014, 07:28:50 PM
It will need some time for you evangelists to learn that bitcoin is digital gold and not digital money.

Fyrstikken (cryptorush) would call it a commodity: http://www.youtube.com/watch?v=8q9DvydzAsY

Quote: "Bitcoin worshipers will never go to heaven " LOL

Price trending to the cost of mining it.

Use of malicious negative feedback to suppress free speech brings shame on the bitcoin community.

Frystikken is an idiot.

But that doesnt disprove my point. Its simply plain logic, that a hard cap coin can not be a currency. It IS a ponzi and risky investment.
Money works totally different from Bitcoins. As said, it is not wrong to invest in bitcoins, but what's wrong is to confuse gold and money.

So gold is a ponzi scheme? I'm confused. I'm also confused about what happened here. Auroracoin is dead now? Was it actually a scam or did somebody just destroy it for kicks and giggles or for their own personal motives? Also, how was it so easy to kill the coin? Doesn't this mean every other low hashrate scrypt coin is vulnerable? What about scrypt-N and PoS coins? Thanks in advance for helpful replies, I'm just looking for information and trying to understand how things are shaping up in this dark world of cryptocurrencies.

Since when was there a hard cap on gold?

A hard cap coin could never be a currency back in the day when we didn't have blockchains and programmable money. But now we do.
full member
Activity: 154
Merit: 100
March 29, 2014, 07:28:41 PM
Every bigger government agency or bank is able to destroy Bitcoin by building a shitton of ASICs.

Ultimately we will be constrained and limited by silicon wafer production and manufacturing capacity (TSMC/IBM/That AMD spinoff).  

However, the difference between SHA2 vs SCRYPT is that per square mm, you can produce WAY more hash power on SHA2 than on scrypt (or scrypt N).  

Which is why in theory it will be MUCH harder to do this with SCRYPT than on SHA2... of course someone would have to do a real back of the envelope calculation on what the wafer capacity is per year to really say for sure..

legendary
Activity: 2940
Merit: 1090
March 29, 2014, 07:26:27 PM
That is what p2pool is for.

Hence the wondering which coins have the most p2pool nodes running.

-MarkM-
full member
Activity: 154
Merit: 100
March 29, 2014, 07:24:23 PM
How many GPUs do you need to make solo mining of e.g. litecoin or DOGE worthwhile?

Sorry to clarify, when i say solo mining, i mean mining on an independent node.  Not necessarily literally solo mining.

So each pool would count as a separate "solo" node.  And thus the more distributed the pools are, the better protection there is.  And the more choice people have to distribute across these pools, instead of large ASIC farming operations (which we know exists), the better.
member
Activity: 87
Merit: 10
March 29, 2014, 07:04:30 PM
I am not sure about this, "Every bigger government agency or bank is able to destroy Bitcoin by building a shitton of ASICs." but, I would think that the Chinese government could pull it off easily.
legendary
Activity: 2940
Merit: 1090
March 29, 2014, 06:55:13 PM
Any CPU, GPU or even FPGA coin is insanely vulnerable.

Even with scrypt ASICs the mentality of scrypt miners might be such that no scrypt coin will be secure, since scrypt miners seem mostly to be scammers looking not to secure any blockchains but, rather, to jump around in a kind of bait-and-switch scam, fooling investors into imagining this that or the other scrypt coin is secure (due to its seeming to have hashing power securing it) while really none of that hashing power actually intends to secure the chain at all, rather it is basically eliciting bribes "how much will you pay me to abandon this chain and go mine your latest scam" kind of thing...

Maybe though if litecoin and DOGE adapt so as to be able to be merged together, one or both might manage to retain enough of the scrypt hashing power to eventually become secure?

-MarkM-

Every bigger government agency or bank is able to destroy Bitcoin by building a shitton of ASICs.

Or any other coin, yes, even the purportedly ASIC-proof ones.

That is why it is so important to focus, to get such a massive amount of ASICs deployed that even a government would find it hard to deploy enough to attack it.

-MarkM-
newbie
Activity: 11
Merit: 0
March 29, 2014, 06:48:25 PM
It will need some time for you evangelists to learn that bitcoin is digital gold and not digital money.

Fyrstikken (cryptorush) would call it a commodity: http://www.youtube.com/watch?v=8q9DvydzAsY

Quote: "Bitcoin worshipers will never go to heaven " LOL

Price trending to the cost of mining it.

Use of malicious negative feedback to suppress free speech brings shame on the bitcoin community.

Frystikken is an idiot.

But that doesnt disprove my point. Its simply plain logic, that a hard cap coin can not be a currency. It IS a ponzi and risky investment.
Money works totally different from Bitcoins. As said, it is not wrong to invest in bitcoins, but what's wrong is to confuse gold and money.

So gold is a ponzi scheme? I'm confused. I'm also confused about what happened here. Auroracoin is dead now? Was it actually a scam or did somebody just destroy it for kicks and giggles or for their own personal motives? Also, how was it so easy to kill the coin? Doesn't this mean every other low hashrate scrypt coin is vulnerable? What about scrypt-N and PoS coins? Thanks in advance for helpful replies, I'm just looking for information and trying to understand how things are shaping up in this dark world of cryptocurrencies.

Since when was there a hard cap on gold?
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
March 29, 2014, 06:46:57 PM
I have a question. Some handicaped like this, does he feal embarassed after failing so hard once again or does he not realise this, in his dream world?

I am sorry for his family, who have to deal with him in RL.
full member
Activity: 140
Merit: 100
March 29, 2014, 06:38:10 PM
May BCX's children be born without assholes.
sr. member
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
March 29, 2014, 06:35:22 PM
Any CPU, GPU or even FPGA coin is insanely vulnerable.

Even with scrypt ASICs the mentality of scrypt miners might be such that no scrypt coin will be secure, since scrypt miners seem mostly to be scammers looking not to secure any blockchains but, rather, to jump around in a kind of bait-and-switch scam, fooling investors into imagining this that or the other scrypt coin is secure (due to its seeming to have hashing power securing it) while really none of that hashing power actually intends to secure the chain at all, rather it is basically eliciting bribes "how much will you pay me to abandon this chain and go mine your latest scam" kind of thing...

Maybe though if litecoin and DOGE adapt so as to be able to be merged together, one or both might manage to retain enough of the scrypt hashing power to eventually become secure?

-MarkM-

Every bigger government agency or bank is able to destroy Bitcoin by building a shitton of ASICs.
legendary
Activity: 1260
Merit: 1000
March 29, 2014, 06:32:11 PM
Was that guy really trying to claim Dogecoin was created as a way to extract wealth from people's pockets?  I mined it on day 1 and literally nobody was interested in mining it, so the difficulty was absolutely nothing.  You'd think a "scam" designed to make as much money as possible would have a lot of hash power on it.
sr. member
Activity: 280
Merit: 250
March 29, 2014, 06:23:37 PM
as far I remeber there was a peak of about 50Ghs at the beginning of march...



they should have airdropped some video cards

Hahahahahaah THIS.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
March 29, 2014, 06:09:02 PM
So, better some blackhats fuck you up and force you to fix your weak spots than some gov does it when it really thinks it has to.

Sorry but I don't believe in this logic. You can't go before a court of law and declare, "Your honor, I am entitled to this stolen property because John Doe left their front door unlocked", it doesn't excuse the criminal behavior in itself.

It doesnt excuse criminal behaviour. But the latest events have shown, that your gov. will not obey their own laws and use criminal behaviour to get what they want.

I heard back in about 2007 a Black Hat hackers conference in L.A. USA a seminar about how to hack routers using WEP for internet access..
Put on by the FBI lol
They posted a video presentation and showed how it was done and then provided links to the tools for reference.

Anyway is that a crime ?

Show me the section of criminal code corresponding to the country holding the forked block chain that shows forking is illegal.

Put up or shut up ? lol ..i'm going to sit here and wait holding my breath, i know any second you will have proof  Roll Eyes

edit:
PS: Ponzi schemes ARE illegal ask Berni Madoff

and by the way consider your ass owned Wink

Spoetnik I wish you would have invested in AUR when I told you so. YOu might have been on different side of fence now.

In all honesty i would feel the same.. facts are facts.
I have trashed on CENT from day one and also traded it a lot too making some good money as i stated on IRC etc many times.
I have also repeatedly mentioned that i think once a coin gets thrown up on all the exchanges it's to late too try and stop it and it's fair game.
BUT, at what point to we try and stop some of these from getting supported ? (BEFORE they go on exchanges)

but ya you did give me a tip and had my finances not been tied up and on the tight side these days i might have acted on it.
I try though who else can say that ? How many guys have given in completely to supporting and defending any and all coins no matter what ?

It was the same routine for Max coin with me i knew damn well there was no conceivable way in hell i could stop it nor did i have the algo data.. yet.
It was leaked the day before launch pretty much.. when i posted online asap that it was a useless copy and paste clone.
Guys took Quark and removed the other algo's and more specifically it was copied from Blake coin. I posted the hashing algo specs etc on IRC
i traced back to Quark and it was literally copied and pasted (not rewritten) and i could show the exact Quark build it was taken from easily.
BUT.. who else cared ? i didn't see one guy make a comment in any way shape or form about all that on any of the dozen sites i was watching
 i was the only one and as usual i feel like pretty much the only guy standing by myself keeping these deceitful corrupt greedy scammers
accountable to their stunts and games and bs antics they pull all day every day.
The rest of you mostly scream "Take My Money" and brag about dem Lambo'z and fumble over each other double clicking wallet or miner .exe to flash mine asap.
and often get infected with malware because of it too. hahaaa

There is a clear distinction between a guy who mined some Doge to make some money vs the Doge tards that have roamed across the web
spamming every site they can posting nonsense, wild claims luring in people with outright false information usually to prop up the bags their holding.
This has become an epidemic across the globe i have seen thee scummy dirt bags on all kinds of web sites NOT crypto related in anyway.
The assertion that Doge coin is coin #3 of the Big three is spitting on every coin devs (REAL coin DEV's) face around the world that bent over backwards working on legit coins.
And we can say, oh well, uhh uhh, but but and mine these scams but sooner or later its going to catch up with us and i think it already has..
You guys will vanish accepting no responsibility at all for any of it.. just pass that buck as hard and as fast as you all can.

In the mean time we have rewarded the scammy asshole that made Doge etc and motivated them to make more, LOTS more !
(they seen their clone scam reach new levels of popularity i guarantee they did not expect) =  bad behavior rewarded in a pay out equivalent to winning the lottery.
Hand out a shit loads of free crack to the homeless and watch as they come back.. with a another scam coin and another and another.. it's ridiculous bs.

What is sad is i think i have yet AGAIN posted this info because of a response showing some of you still don't get it and must not have heard me say it all last time lol
And is what i just said crazy ? or is it all rather rational thinking and stuff that *should go with out saying ?
Why do i have to explain to kids why they shouldn't eat cake for breakfast lunch and dinner every day ? are we *overall mostly THAT dumb here ? really ?
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