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Topic: Seriously guys, why? (Read 4957 times)

member
Activity: 210
Merit: 10
W12 – Blockchain protocol
December 04, 2018, 12:33:31 PM
#69
In my opinion, aside from it being incredibly obvious that all these alternative cryptocurrencies are made with the sole intention of making their creators rich (jealous of Satoshi much?), I think you guys should stick with one digital cryptocurrency, max.  Given its relatively short life-span and the number of unresolved problems associated with it, we can't even call Bitcoin a success yet, although I'm sure those who have profited significantly would be quick to call Bitcoin a success.  At least, it's not a success when compared to fiat currency which has its security and economy in tact.

Sometimes I wonder how often the members of this community realize how much they marginalize their selves.  Everyone's clients/miners/exchanges are ridiculously difficult to use for the average person, and if these issues still exist with the Google of digital cryptocurrencies (i.e. Bitcoin), how do you expect these other silly currencies with dumb names to work (town coin?  GTFO)?

I think all these cryptocurrencies give the Bitcoin community a bad name.  I think it perpetuates the 'geekiness' of Bitcoin -- imagine the average joe coming on here and then reading about namecoin, solid coin, IOcoin, selfish coin, nerd coin, haven't-gotten-laid-since-2009-coin...all these currencies give the impression we're all just a bunch of greedy fucks with no long-term vision of communal success.  If people put half as much time into stimulating the Bitcoin economy as they did devilishly programming their own cryptocurrency code, maybe at least one of these currencies would have a shot (again, i.e. Bitcoin).

Quit marginalizing the community.  Bitcoin is the only one that has a shot at mainstream popularity, so quit marginalizing the community with all this nerd crap like alternative cryptocurrencies, the word "troll" (Jesus Christ I hate when people say troll, and grandma does too), ridiculous clients and miners, etc.  People like simplicity. This complexity isn't cool.  It's chilly.  And chilly ain't never been cool.
hey, that's interesting suggestion! i agree that people tend to choose the least complicated way with pretty much everything, but they also love to have a choice or at least an illusion of it.
member
Activity: 168
Merit: 10
November 14, 2018, 02:15:36 PM
#68
I don't like the name. It is similar with one project on the market and I have not good memories about it because I lost my money then
newbie
Activity: 180
Merit: 0
November 14, 2018, 01:09:41 PM
#67
I also dont agree with where this thread is heading
ama
member
Activity: 112
Merit: 10
September 09, 2011, 05:17:21 AM
#66
In my opinion, aside from it being incredibly obvious that all these alternative cryptocurrencies are made with the sole intention of making their creators rich (jealous of Satoshi much?), I think you guys should stick with one digital cryptocurrency, max.  Given its relatively short life-span and the number of unresolved problems associated with it, we can't even call Bitcoin a success yet, although I'm sure those who have profited significantly would be quick to call Bitcoin a success.  At least, it's not a success when compared to fiat currency which has its security and economy in tact.

Thank you for your advice of sticking with one virtual currency max.  None is also fine, right?

Seriously, I think we are in a very exciting moment and, instead of enjoying it and learning from all that it's happening, some guys just keep rambling and bashing other people and their ideas.  I think it's good that there are alternatives, whether they are good and they'll survive and get somewhere or they are just a mean for specullation for some time, or even if they serve just as experimentation and learning from their mistakes.  Please enjoy the exciting things that are happening whether you stick to one or more currencies, or none at all and you are mere spectator.

For the moment, I'll enjoy and play with all of them.  Why?  Because I can, I want, and I find it fun!   Grin

Do you agree?  Then, buy me a Bitcoffee, or a Namecoffee, or a Solidcoffee...

Bitcoffee: 18NMyRMSkCjk8FnmdfAuxbuSSET4ASwBL5
Namecoffee: NGipxi4iP1w5RDcnAHRT8SJGLmhuW2UTcU
Solidcoffee: sfM6waFsUoM1NK7aWUoNY1Frv8eXTxekdr
ixcoffee: xrHT3DJ1oTa6Ctfyk4p9RAZYLT23rjNz2a
i0coffe: jSvs637hZTCZBLph3ETPnKL3KXQ9hw9ZhB
amacoffee: aWaitForIt79847589498hr3fh873hf87h3
AnyOtherRandomCoffeeSources: also accepted!
legendary
Activity: 1264
Merit: 1008
September 08, 2011, 08:51:39 PM
#65
Honestly, I wonder why some random miner from 2009 with 400k Bitcoin HASN'T sold everything.  I think he's a fantastically huge idiot if he hasn't done so already.  Seriously...being an early adopter is like finding a million dollars superglued to the sidewalk (gotta do a little thinking to get it off the sidewalk without destroying it, but you're a moron to let it sit there without doing anything about it).

Why would you sell for $4 million if you can potentially sell it for $40 million next year?

Coz you're impatient, and scared.


Why would you buy a 50$ on a 250 GB hard drive when it will get you a TB next year? 
sr. member
Activity: 448
Merit: 250
August 24, 2011, 08:11:32 PM
#64
I come from a very poor family. My mum is bankrupt and my dad struggles from week to week. I barely make the mortgage payments each month.

Just because I sympathize more with the rich, doesn't mean I'm rich (yet).

I just have bigger ambitions that most, and $4m doesn't cut it, sorry.

I'd rather take a chance at $40m knowing I took a chance, and didn't cut and run when it got a bit scary, even if that means I never even make 4.

...Wow dude.  I think you've blown my mind.  Do you like being this stupid?

I love it.


When I grow up, I'm gonna have a spaceship, and a castle, and a horse, and a boat, and a fighter jet, and a ferrari, and a blond wife with fake tits, and a jetski, and no one is gonna tell me what to do.

Sucks wishing for things you don't have, doesn't it?  I suggest you reconsider how far your thinking has actually gotten you financially...

Sympathizing more with the rich?  Do you truly hate your parents or something?

It doesn't suck at all, it's called goal setting. And it's gotten me very far since I actually have a house to live in now, instead of a cardboard box. Next step, bigger house.

sr. member
Activity: 266
Merit: 250
August 24, 2011, 07:59:12 PM
#63
I come from a very poor family. My mum is bankrupt and my dad struggles from week to week. I barely make the mortgage payments each month.

Just because I sympathize more with the rich, doesn't mean I'm rich (yet).

I just have bigger ambitions that most, and $4m doesn't cut it, sorry.

I'd rather take a chance at $40m knowing I took a chance, and didn't cut and run when it got a bit scary, even if that means I never even make 4.

...Wow dude.  I think you've blown my mind.  Do you like being this stupid?

I love it.


Sucks wishing for things you don't have, doesn't it?  I suggest you reconsider how far your thinking has actually gotten you financially...

Sympathizing more with the rich?  Do you truly hate your parents or something?

It doesn't suck at all, it's called goal setting. And it's gotten me very far since I actually have a house to live in now, instead of a cardboard box. Next step, bigger house.
legendary
Activity: 1834
Merit: 1020
August 24, 2011, 05:36:15 PM
#62
Sympathizing more with the rich?  Do you truly hate your parents or something?

You are arguing with a sociopath. He is not going to change so you might as well ignore him.



Word.
sd
hero member
Activity: 730
Merit: 500
August 24, 2011, 03:28:54 PM
#61
Sympathizing more with the rich?  Do you truly hate your parents or something?

You are arguing with a sociopath. He is not going to change so you might as well ignore him.

legendary
Activity: 1834
Merit: 1020
August 24, 2011, 01:22:39 PM
#60
I come from a very poor family. My mum is bankrupt and my dad struggles from week to week. I barely make the mortgage payments each month.

Just because I sympathize more with the rich, doesn't mean I'm rich (yet).

I just have bigger ambitions that most, and $4m doesn't cut it, sorry.

I'd rather take a chance at $40m knowing I took a chance, and didn't cut and run when it got a bit scary, even if that means I never even make 4.

...Wow dude.  I think you've blown my mind.  Do you like being this stupid?

I love it.


Sucks wishing for things you don't have, doesn't it?  I suggest you reconsider how far your thinking has actually gotten you financially...

Sympathizing more with the rich?  Do you truly hate your parents or something?
legendary
Activity: 1400
Merit: 1005
August 24, 2011, 12:57:15 PM
#59
Aaaaand, the truth comes out. You live in your parents house, and have never had a real job. You have no fucking clue how much four million dollars is because you have watched too much TV and your brain is a mashed up pile of burning suburban garbage. You will graduate from high school in nine months and your rich white parents will give you a Jetta and pay for you to go on a backpacking trip to Europe. While there, you will get drunk and act like an obnoxious rich white kid in some dirty bar that your hipster friends drag you to because 'it's so real', oblivious to who is around you. This precipitates a brawl, which inevitably ends with you being raped in an alley. Despite the trauma, you fail to link actions to consequences and continue about your life, dumb as ever but walking a little bowlegged. You go to college, where no one likes you and major in Economics, going on to sell used BMWs. You die cold and alone.

Me? I would sell four four mil in a fucking heartbeat. A bird in the hand is worth 400,000 bitcoin in the bush.

Not at all. I come from a very poor family. My mum is bankrupt and my dad struggles from week to week. I barely make the mortgage payments each month.

Just because I sympathize more with the rich, doesn't mean I'm rich (yet).

I just have bigger ambitions that most, and $4m doesn't cut it, sorry.

I'd rather take a chance at $40m knowing I took a chance, and didn't cut and run when it got a bit scary, even if that means I never even make 4.
Since you still have a mum and dad, I am going to assume you are 35 or younger.  Maybe that's a wrong assumption, but I'll go with it unless you tell me otherwise.

So, take the $4M, invest it in some good mutual funds with an average yield of 12% (yes, it is very doable), and you'll have $43M in 20 years.

Even if your investments didn't do as well as 12%, I can guarantee you (and your mum and dad) would be a heck of a lot better off with $4M than bankrupt and struggling to pay the bills every month.
hero member
Activity: 938
Merit: 1002
August 24, 2011, 12:05:39 PM
#58
The problem being that not all DNS uses DNSSEC, the latest and greatest crypto protected DNS yet. Without this some attacks are technically possible under certain conditions. The world is moving to DNSSEC for other reasons so that problem is slowly going away.

I agree that DNS makes sense. DNSSEC and maybe other methods (?) may be used. What I was trying to assert is that Namecoin is the best way to do it, more as a side note for Namecoin development than solving the problem at hand. For instance, you wouldn't need the security stuff in the case of a local Namecoin installation, it could even be coupled with the Bitcoin distro if the blockchain size weren't a concern. So anyway, I haven't checked the state of Namecoin for a couple of months, it's probably time to dive back in and help with these.
legendary
Activity: 1372
Merit: 1002
August 24, 2011, 09:16:13 AM
#57
Nobody even knows how to pronounce Freicoin and you expect people to use it?

Of course, germans know how to pronounce it. It is pronounced similarly in spanish. I didn't even thought about that.
For english people, the 'ei' part would be pronounced as an 'a'
The phonetic transcription is eɪ. Examples of the pronunciation: say, eight

If the name is really a problem, it can be changed. But I think that the benefits of demurrage are harder to understand. People often don't even see the disadvantages of a central bank. So yes, I advocate for bitcoin every chance I got. And for Gold and silver, I just think they're flawed moneys, even if they're much better than dollars and euros.
sr. member
Activity: 266
Merit: 250
August 24, 2011, 07:40:29 AM
#56
I come from a very poor family. My mum is bankrupt and my dad struggles from week to week. I barely make the mortgage payments each month.

Just because I sympathize more with the rich, doesn't mean I'm rich (yet).

I just have bigger ambitions that most, and $4m doesn't cut it, sorry.

I'd rather take a chance at $40m knowing I took a chance, and didn't cut and run when it got a bit scary, even if that means I never even make 4.

...Wow dude.  I think you've blown my mind.  Do you like being this stupid?

I love it.
sd
hero member
Activity: 730
Merit: 500
August 24, 2011, 02:45:18 AM
#55
Best way to do this is using Namecoin to map names to bitcoin addresses, but I'm guessing more development will be needed for this to work seamlessly.
Afaik, no
Well, current barrier is having to install Namecoin on the sender's side. An additional protocol for querying open Namecoin nodes would be needed to make it widely available I guess...


It would take very little development to store bitcoin addresses in DNS. That way you could store them in namecoin's .bit domain or the existing ones like .com, .co.uk, etc.. The clients would be able to resolve namecoin addresses or the current generic or country code addresses if setup right. Everyone who has an internet site already has DNS setup so it seems sensible to reuse this. Using DNS in this way has already been proven for SPF mail filtering and people have been adding text records to their DNS since DNS was invented.

The problem being that not all DNS uses DNSSEC, the latest and greatest crypto protected DNS yet. Without this some attacks are technically possible under certain conditions. The world is moving to DNSSEC for other reasons so that problem is slowly going away.
legendary
Activity: 1834
Merit: 1020
August 24, 2011, 02:33:24 AM
#54
Aaaaand, the truth comes out. You live in your parents house, and have never had a real job. You have no fucking clue how much four million dollars is because you have watched too much TV and your brain is a mashed up pile of burning suburban garbage. You will graduate from high school in nine months and your rich white parents will give you a Jetta and pay for you to go on a backpacking trip to Europe. While there, you will get drunk and act like an obnoxious rich white kid in some dirty bar that your hipster friends drag you to because 'it's so real', oblivious to who is around you. This precipitates a brawl, which inevitably ends with you being raped in an alley. Despite the trauma, you fail to link actions to consequences and continue about your life, dumb as ever but walking a little bowlegged. You go to college, where no one likes you and major in Economics, going on to sell used BMWs. You die cold and alone.

Me? I would sell four four mil in a fucking heartbeat. A bird in the hand is worth 400,000 bitcoin in the bush.

Not at all. I come from a very poor family. My mum is bankrupt and my dad struggles from week to week. I barely make the mortgage payments each month.

Just because I sympathize more with the rich, doesn't mean I'm rich (yet).

I just have bigger ambitions that most, and $4m doesn't cut it, sorry.

I'd rather take a chance at $40m knowing I took a chance, and didn't cut and run when it got a bit scary, even if that means I never even make 4.

...Wow dude.  I think you've blown my mind.  Do you like being this stupid?
sd
hero member
Activity: 730
Merit: 500
August 24, 2011, 02:30:48 AM
#53
I agree with this.  Flexcoin already is trying to tackle the Bitcoin Address problem (e.g. send BTC to "coffeeshop"), but, unfortunately, I don't yet trust ANY online Bitcoin service with holding my money for any long period of time.  For me, TradeHill is as close as it gets yet I still have paranoia in the back of my mind of losing it all.  It's a big problem to me when the terms of service imply that they are under no liability to owe you anything should their site say, 'happen' to go down, or 'happen' to be hacked.

Flexcoin is trying to fix the address issue the wrong way, they want to control the namespace. With DNS everyone controls their own namespace which they can manage themselves or delegate to a trusted DNS provider. I think piggybacking the addresses onto DNS is the right thing to do as DNS is already used everywhere.

Like you say I'd not trust flexcoin to handle my addresses or hold my coins unless they can prove they have everything insured. And maybe not even then. Bitcoin is meant to be peer-to-peer, centralizing large parts of only makes it prone to attack.
hero member
Activity: 938
Merit: 1002
August 23, 2011, 09:10:36 PM
#52
Best way to do this is using Namecoin to map names to bitcoin addresses, but I'm guessing more development will be needed for this to work seamlessly.
Afaik, no
Well, current barrier is having to install Namecoin on the sender's side. An additional protocol for querying open Namecoin nodes would be needed to make it widely available I guess...
sr. member
Activity: 448
Merit: 250
August 23, 2011, 09:00:07 PM
#51
Aaaaand, the truth comes out. You live in your parents house, and have never had a real job. You have no fucking clue how much four million dollars is because you have watched too much TV and your brain is a mashed up pile of burning suburban garbage. You will graduate from high school in nine months and your rich white parents will give you a Jetta and pay for you to go on a backpacking trip to Europe. While there, you will get drunk and act like an obnoxious rich white kid in some dirty bar that your hipster friends drag you to because 'it's so real', oblivious to who is around you. This precipitates a brawl, which inevitably ends with you being raped in an alley. Despite the trauma, you fail to link actions to consequences and continue about your life, dumb as ever but walking a little bowlegged. You go to college, where no one likes you and major in Economics, going on to sell used BMWs. You die cold and alone.

Me? I would sell four four mil in a fucking heartbeat. A bird in the hand is worth 400,000 bitcoin in the bush.

Not at all. I come from a very poor family. My mum is bankrupt and my dad struggles from week to week. I barely make the mortgage payments each month.

Just because I sympathize more with the rich, doesn't mean I'm rich (yet).

I just have bigger ambitions that most, and $4m doesn't cut it, sorry.

I'd rather take a chance at $40m knowing I took a chance, and didn't cut and run when it got a bit scary, even if that means I never even make 4.
"Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires." John Steinbeck

Quotefail, but +1. Awesome quote.
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
August 23, 2011, 08:47:59 PM
#50
Flexcoin already is trying to tackle the Bitcoin Address problem (e.g. send BTC to "coffeeshop"), but, unfortunately, I don't yet trust ANY online Bitcoin service with holding my money for any long period of time.

Best way to do this is using Namecoin to map names to bitcoin addresses, but I'm guessing more development will be needed for this to work seamlessly.

Afaik, no
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