For the last 4 months, the biggest thing happened is the pump of the Ethereum. It was pumped from $0.8 to $14.
Topic: ◥TALK◥15%◣bitcointalk(💬) est✪2014★yr4✪ [btc]💬 - page 62. (Read 125363 times)
quote of the day
quote of the day
I've thought long about this issue before. Since mining is inherently a futures market, there are many ways you can try to replicate this feature, either with time opportunity costs, or proof of burn combined with strange economic systems. Most of the methods of trying to do so with time opportunity costs just replicate some form of proof of stake and create another closed entropy, permissioned ledger like all proof of stake coins. However, you might be able to utilize proof of burn and some weird economic system to combine the two while still being an open entropy, permissionless ledger.
I say "weird economic system" for a reason, because the last time anyone tried making a coin like this was "Slimcoin", and I think people proof of burned half the entire money supply just for the fuck of it.
59:00 - He (Szabo) wishes Ethereum would not switch to proof-of-stake. He speculates about combining proof-of-work with proof-of-stake, but gives no details.
I've thought long about this issue before. Since mining is inherently a futures market, there are many ways you can try to replicate this feature, either with time opportunity costs, or proof of burn combined with strange economic systems. Most of the methods of trying to do so with time opportunity costs just replicate some form of proof of stake and create another closed entropy, permissioned ledger like all proof of stake coins. However, you might be able to utilize proof of burn and some weird economic system to combine the two while still being an open entropy, permissionless ledger.
I say "weird economic system" for a reason, because the last time anyone tried making a coin like this was "Slimcoin", and I think people proof of burned half the entire money supply just for the fuck of it.
OPERATION SALVAGE
any coins out there that TALK community can save? help?
i have a few in mind, but rather hear opinions first
Premine+ PMP needs some TLC. Very interesting in it's dayany coins out there that TALK community can save? help?
i have a few in mind, but rather hear opinions first
https://bitcointalk.org/index.php?topic=673760.1660
PMP has nice graphics, live network?
i like that vegan is SHA256 and there are other POWs in need of aid, will keep in mind, focus is still POS first:
my idea
https://chainz.cryptoid.info/fail/#!crypto FAIL is a good coin as far as i can tell ... so we all start buying and staking FAIL and start picking up 'fail' coins and putting them back on their feet
profits aid TALK and FAILmy pick
CACHe https://bitcointalksearch.org/topic/m.14375584
it has been dev abandoned since July, despite the trainwreck Vertoe created a good wallet, plus the old one works, lots of market history, really just needs a seednode funded and hobby stakers, then see what happens after that.
Maintenance
POS coin on Cryptopia in Maintenance
dem
t3k
hyper
FLY
on Bittrex
dead: CCN, viral
delayed: DOPE, ERC, LXC
inactive: FTC
POS coin on Cryptopia in Maintenance
dem
t3k
hyper
FLY
on Bittrex
dead: CCN, viral
delayed: DOPE, ERC, LXC
inactive: FTC
OPERATION SALVAGE
any coins out there that TALK community can save? help?
i have a few in mind, but rather hear opinions first
any coins out there that TALK community can save? help?
i have a few in mind, but rather hear opinions first
i liked this one, vegancoin, a niche currency, i was mining it abt a year ago, nothing special here, algo is sha256, it's very fast, but the network is dead, (last i looked, maybe 6-7 months ago), the website is gone, but you can still get the wallet on sourceforge -
https://sourceforge.net/projects/vegancoin/
i mined for several months, on a live network but with low hash and diff, so was able to cpu mine w/my laptop, to the tune of about 1% of the money supply, of which i'd happily donate ~25% to fund a revival
here is the bct ANN https://bitcointalksearch.org/topic/vegan-niche-coins-future-726088
[edit] i guess there is still a website, lol http://veganporn.com/
OPERATION SALVAGE
any coins out there that TALK community can save? help?
i have a few in mind, but rather hear opinions first
any coins out there that TALK community can save? help?
i have a few in mind, but rather hear opinions first
Premine+ PMP needs some TLC. Very interesting in it's day
https://bitcointalk.org/index.php?topic=673760.1660
OPERATION SALVAGE
any coins out there that TALK community can save? help?
i have a few in mind, but rather hear opinions first
coincidental
any coins out there that TALK community can save? help?
i have a few in mind, but rather hear opinions first
coincidental
Team Fly has launched a new service. Our "BE FLY" Block Explorer.
This service is unique in many ways. First it only accepts fly coin as payment. Also we have scouters out there looking for coins that have no block explorer that are alive. We actually pay to these users 1 fly for each link to an ann with a live active coin that has no explorer. 1 fly doesnt sound like much until you know that the average price of fly has been 100,000 sats.
This offer is open to anyone!!! Simply post a link of an active coin that is alive and working and gets atleast 1 post a day every day, and does not have a block explorer posted on their ann page. POST THE LINK HERE, PM me your fly address , as addresses are not all
To learn more about fly see our main ann thread:
Vegasstill waiting for reply from Yobit
been days, and several emails
any news?? been days, and several emails
No.
I have no human reply from yobit.
I have sent 4 different messages asking for a simply reply.
If the community wants to risk 0.1btc be advised UNO coin paided that and got nothing in return.
Yobit just stole $40 in community funds from UNO.
You have to pay to submit the coin. My read is that Yobit raises too many red flags and is high risk.
TALK can likely pickup a cryptopia listing via DOT votes for 0.1 (or less)
(but we need a website, nothing fancy, just a website)
https://www.cryptopia.co.nz/Forum/Thread/614 (yobit up date)
still waiting for reply from Yobit
been days, and several emails
any news?? been days, and several emails
I know alcurex is in the process of releasing a new site. I believe it is expected to be live in the next month or so.
POW info prime coin XPM
Quote
now there remains only two running XPM pools :
http://xpmforall.org/
http://pool-prime.net/
https://www.peercointalk.org/index.php?topic=4422.0
Update the list of running Primecoin pools http://xpmforall.org/
http://pool-prime.net/
https://www.peercointalk.org/index.php?topic=4422.0
D.O.B.
Spring 2014
14-4-14
10days until 2 years of age
not bad for a $h#t Coin
Spring 2014
14-4-14
10days until 2 years of age
not bad for a $h#t Coin
TALK is devoted to the entire BTCtalk community and is a part of it. It just can't die! Hope it will draw people's attention soon and reach a real success one day.
For now it would not be bad to get a Yobit listing as a birthday present
D.O.B.
Spring 2014
14-4-14
10days until 2 years of age
not bad for a $h#t Coin
Spring 2014
14-4-14
10days until 2 years of age
not bad for a $h#t Coin
still waiting for reply from Yobit
been days, and several emails
been days, and several emails
My Take on the following:
Intrinsic Value
http://www.investopedia.com/terms/i/intrinsicvalue.asp
Easy Agricultural comparison like the Intrinsic Value of a Seed
http://x-fin.com/stocks/usa/SEED
And for the PoW comparison
The ASICS holds the Intrinsic Value not the coins they produce.
Since they can be used to reproduce other PoW coins of the same algo.
Problem, their value drops due to increasing difficulty which kills their profit potential.
At most switching to newer PoW coins with the same algo is the only real way to get more than a year's use of an ASICS .
PoW is not secure because the PoW 51% attack tactic currently has no Defense.
http://www.coindesk.com/bitcoin-mining-detente-ghash-io-51-issue/
https://blockchain.info/pools
Intrinsic Value
http://www.investopedia.com/terms/i/intrinsicvalue.asp
Quote
The intrinsic value is the actual value of a company or an asset based on an underlying perception of its true value including all aspects of the business, in terms of both tangible and intangible factors.
This value may or may not be the same as the current market value.
PoS Coin's Ability to Reproduce more of it's own kind does give it an intrinsic value, that a sterile coin or token does not have.This value may or may not be the same as the current market value.
Easy Agricultural comparison like the Intrinsic Value of a Seed
http://x-fin.com/stocks/usa/SEED
And for the PoW comparison
The ASICS holds the Intrinsic Value not the coins they produce.
Since they can be used to reproduce other PoW coins of the same algo.
Problem, their value drops due to increasing difficulty which kills their profit potential.
At most switching to newer PoW coins with the same algo is the only real way to get more than a year's use of an ASICS .
PoW is not secure because the PoW 51% attack tactic currently has no Defense.
http://www.coindesk.com/bitcoin-mining-detente-ghash-io-51-issue/
Quote
"[GHash] got brazen at 55% from 2014-06-12 11:53:05 until 2014-06-13 09:45:24 GMT, for almost 24 hours. And prior to that, it seems to have tested the waters over a period of 10 days or so, perhaps gauging the public's reaction."
Funny today Ghash is only at 1%.https://blockchain.info/pools
Quote
Proof of Stake is the only way to make money in the long run , buying Sterile BTC or Tokens that can not make more of themselves is Pure Speculation.
Example: It is like a farmer buying a herd of cattle that are sterile. He only makes money if the market is higher when he has to sell, if the market is down when he has to sell , he just wasted his Time & Money, where if he buys a herd of cattle that can produce Offspring, he is able to keep his original amount of cattle and sell off any excess , therefore giving him a
Lifetime of Revenue verses a One-time Completely Speculative Time Sensitive Investment
Example: It is like a farmer buying a herd of cattle that are sterile. He only makes money if the market is higher when he has to sell, if the market is down when he has to sell , he just wasted his Time & Money, where if he buys a herd of cattle that can produce Offspring, he is able to keep his original amount of cattle and sell off any excess , therefore giving him a
Lifetime of Revenue verses a One-time Completely Speculative Time Sensitive Investment
quote of the Day
"TOP myths of Krypto"
"TOP myths of Krypto"
- If Bitcoin fails, alts fail too.
- PoS is insecure.
- Price of a PoW coin is backed by electricity consumption.
- PoS has no intrinsic value, PoW intrinsic value is in the consumed electricity.
- People need smart contracts.
- Governments will be happy to embrace Bitcoin when they realize its potential.
- PoS is insecure.
- Price of a PoW coin is backed by electricity consumption.
- PoS has no intrinsic value, PoW intrinsic value is in the consumed electricity.
- People need smart contracts.
- Governments will be happy to embrace Bitcoin when they realize its potential.
Updated BTCTALK SnapShot & BootStrap ready if anyone need it.
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