Author

Topic: Sell 'fresh' coins (Read 899 times)

newbie
Activity: 14
Merit: 0
January 03, 2016, 06:45:29 AM
#12
They may be valuable to the weirdo who pays extra for fresh ones. As soon as you want to use them or move them they're just as dirty as every other coin and no one's gonna give you 'more' for them. In that situation I'd tell the coin owner to kiss my posterior.

As I said, I don't plan on moving them. If the person buys them from me, he is going to get my private key. It is funny how you have that bitmixer thing under your post, which offers no privacy when it comes to NSA etc, and you 'criticize' the privacy offered by fresh coins.

The cloud mining payouts I probably wouldnt say that they're any less tainted than normal coins...

I've been getting daily payouts from bitfury. I did some research on the Genesis Mining thing and the maximum transaction history (for some of the payouts) was 3-4 transactions until you would reach the proper fresh mined coins and for some others just one. This is fair IMO as they have 100.000 miners + they use a large pool, which needs to split all those payouts to the users.

sr. member
Activity: 325
Merit: 250
Decentralised Amazon & ICO Hub
December 29, 2015, 10:40:57 PM
#9
The cloud mining payouts I probably wouldnt say that they're any less tainted than normal coins...
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
December 29, 2015, 10:39:43 PM
#8
They may be valuable to the weirdo who pays extra for fresh ones. As soon as you want to use them or move them they're just as dirty as every other coin and no one's gonna give you 'more' for them. In that situation I'd tell the coin owner to kiss my posterior.
newbie
Activity: 55
Merit: 0
December 29, 2015, 02:33:36 PM
#7
I think they have an history. They should have been mined to one address and then splitted among the contracts owners. So I think they have just 1 transaction.
legendary
Activity: 938
Merit: 1000
December 21, 2015, 06:35:51 PM
#6
^^ About  that comes down privacy, Yes, Or What do  you think about  mega-datacenters those?  Cheesy

or the Internet same:

https://bitcointalksearch.org/topic/m.13230027

Edit: I dont need having to mention smartphones, Tablets, GPS Devices , Etc..........


legendary
Activity: 938
Merit: 1000
December 21, 2015, 01:34:09 PM
#5
I was just asking about this on another thread but maybe someone can answer it here. I dont see the point
or understand why it would be worth more.

I understand why you want currency if you collect it in uncirculated condition but what is the point for bitcoin.

Considering your words and that him probably had a bad experience with  LTCGear It follows of his account  name, Maybe him means that coins with 'history'  if the origin of the funds is completely legal, Or another example if it is not a ponzi scheme only, Etc......
Certainly the term circulated and not circulated not apply the same in both scenarios.

Edit: Maybe this help better:

Bitcoin is a digital asset and a payment system.

Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into a public ledger.

Mining is a record-keeping service. Miners keep the block chain consistent, complete, and unalterable by repeatedly verifying and collecting newly broadcast transactions into a new group of transactions called a block. A new block contains information that "chains" it to the previous block thus giving the block chain its name. It is a cryptographic hash of the previous block, using the SHA-256 hashing algorithm.

In order to be accepted by the rest of the network, a new block must contain a so-called proof-of-work. The proof-of-work requires miners to find a number called a nonce, such that when the block content is hashed along with the nonce, the result is numerically smaller than the network's difficulty target.

To claim the reward, a special transaction called a coinbase is included with the processed payments. All bitcoins in circulation can be traced back to such coinbase transactions. The bitcoin protocol specifies that the reward for adding a block will be halved approximately every four years. Eventually, the reward will decrease to zero, and the limit of 21 million bitcoins will be reached  2140; the record keeping will then be rewarded by transaction fees solely.

Source:  wikipedia
sr. member
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
December 21, 2015, 12:40:33 AM
#4
I was just asking about this on another thread but maybe someone can answer it here. I dont see the point
or understand why it would be worth more.

I understand why you want currency if you collect it in uncirculated condition but what is the point for bitcoin.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
December 20, 2015, 11:34:53 PM
#3
I really do not know if genesis coins are fresh or not (I am also a genesis user), but perhaps you could track the transaction back in the blockchain or something?
sr. member
Activity: 392
Merit: 250
December 20, 2015, 02:02:57 PM
#2
My one question.
Does your currency value increases whether its a new note or an old one?
On second thought things in the bitcoin world is just opposite to the real world.In real world old currency notes has an antique value attached to it but in bitcoin system new coin has a value.
newbie
Activity: 14
Merit: 0
December 20, 2015, 01:55:40 PM
#1
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