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Topic: Real honest Money (Read 6773 times)

newbie
Activity: 41
Merit: 0
September 24, 2014, 12:47:36 PM
Anything that has a value also has a risk of losing its value partially or completely. Crypto-currency is definately the future. It takes years for the world to adjust to it.
There is so much you can do with crypto-currencies and its blockchain. Proof of work or proof of stake - it doesnt matter. Both have pro's and cons. The potential is huge.
Take a look at our Pipshares idea. Crypto-currencies do not have to be volatile and unsafe. They can be tied to other values.
newbie
Activity: 3
Merit: 0
August 19, 2014, 01:22:19 PM
Honest money is gold, silver and cryptos.
yes i agree with you that is very honest
and i think its will be always get special palace in my heart Cheesy
legendary
Activity: 1540
Merit: 1029
August 19, 2014, 01:13:30 PM
Honest money is gold, silver and cryptos.
full member
Activity: 212
Merit: 101
August 19, 2014, 01:09:15 PM
member
Activity: 91
Merit: 10
Hi I am back from a long period of away time :)
August 19, 2014, 08:39:09 AM
full member
Activity: 315
Merit: 103
August 19, 2014, 03:07:07 AM
...

Edit:
According to coindesk it cost $597.23 to make a Bitcoin
http://www.coindesk.com/microscope-economic-environmental-costs-bitcoin-mining/
  

And the price is less than 500 now. Big mining farms will go bust soon.
legendary
Activity: 1181
Merit: 1002
August 19, 2014, 03:06:26 AM
^ no problem I'll go with the blonde, you take the brunette - oh and manfred have fun with the sweaty roadman  Grin
sr. member
Activity: 336
Merit: 250
August 19, 2014, 03:03:07 AM
OK, who will you pay (a drink) in the following situation?

A. hard working sweaty roadman (with a bit of a potbelly)
B. blonde long-legged DD stunner (standing alongside with hands in her pockets)

(right, just what I expected)


haha, that's a good one, just like I said Grin

I am going to pay the one whose product has more utility value and more useful functions. I don't care what they did to create the product, I care about the properties of product.

But a brunette for me please, long-legged DD is fine though Grin
legendary
Activity: 1181
Merit: 1002
August 19, 2014, 03:01:50 AM
If someone does a honest fair amount of work and the other stands around with his hands in his pockets, who are you going to pay?

OK, who will you pay (a drink) in the following situation?

A. hard working sweaty roadman (with a bit of a potbelly)
B. blonde long-legged DD stunner (standing alongside with hands in her pockets)

(right, just what I expected)
legendary
Activity: 1181
Merit: 1002
August 19, 2014, 02:42:14 AM
...

Edit:
According to coindesk it cost $597.23 to make a Bitcoin
http://www.coindesk.com/microscope-economic-environmental-costs-bitcoin-mining/
  

All miners stopped?
sr. member
Activity: 336
Merit: 250
August 05, 2014, 05:43:40 AM
If someone does a honest fair amount of work and the other stands around with his hands in his pockets, who are you going to pay?

I am going to pay the one whose product has more utility value and more useful functions. I don't care what they did to create the product, I care about the properties of product.

I don't agree that PoS developers stand around with their hands in their pockets. I could say that about Bitcoin developers actually, Bitcoin is essentially the same as 5 years ago, not a single function was added on top of the primary function that Satoshi created.

If a PoS crypto follows the same path, then it's of no use. But if a PoS crypto adds new functions, useful to people, then it stands above others. As for miners wasting electricity - that's not work, that's just wasting valuable resources of the planet.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
August 05, 2014, 05:30:30 AM
#99

That's only a theory. Not to mention it doesn't take into account different implementations of PoS.
If someone does a honest fair amount of work and the other stands around with his hands in his pockets, who are you going to pay?
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
August 04, 2014, 06:10:42 PM
#98
While you can't create something material from nothing but bitcoin is not in 'material things' category. After all it is just line of code. I think it CAN't be fully transparent and stable currency without proper protection. Something that can disappear after one power surge is not really trustworthy...

We give what we choose to use as a currency value.  We decide to trust it as a vuable item and store of weatlh. the native americans used sea shells and bartered.  An got along fine, my point is the confidence of the people is what really maters not philosophizing the difference of a tangible currency or the like.
sr. member
Activity: 336
Merit: 250
August 04, 2014, 02:19:18 PM
#97

That's only a theory. Not to mention it doesn't take into account different implementations of PoS.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
member
Activity: 145
Merit: 10
August 04, 2014, 08:41:08 AM
#95

We should definitely hammer it home that Blackcoin is not just a ruthless, profit hungry lambo-coin

In fact we should drop that bullshit altogether. It only makes people suspicious.

Then they look at the less than fair initial coin distribution...

You base this claim on what? Have you seen how the initial PoW coins where created and how un-evenly distributed they were?
newbie
Activity: 50
Merit: 0
August 04, 2014, 08:32:29 AM
#94

We should definitely hammer it home that Blackcoin is not just a ruthless, profit hungry lambo-coin

In fact we should drop that bullshit altogether. It only makes people suspicious.

Then they look at the less than fair initial coin distribution...
member
Activity: 235
Merit: 10
August 04, 2014, 08:10:10 AM
#93

We should definitely hammer it home that Blackcoin is not just a ruthless, profit hungry lambo-coin

In fact we should drop that bullshit altogether. It only makes people suspicious.

+1 it was fun for a while but i think that the whole luxury BS has got to go if we want to be taken seriously
jr. member
Activity: 297
Merit: 1
MINTER
August 04, 2014, 05:34:31 AM
#92

We should definitely hammer it home that Blackcoin is not just a ruthless, profit hungry lambo-coin

In fact we should drop that bullshit altogether. It only makes people suspicious.
newbie
Activity: 26
Merit: 0
August 04, 2014, 05:32:18 AM
#91
It's becoming clearer and clearer to see that this is as much a unique selling point of Blackcoin and other POS coins as fast transaction times and interest gained from staking etc.
We should definitely hammer it home that Blackcoin is not just a ruthless, profit hungry lambo-coin, but also an efficient, secure and resource light coin too.
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