Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World! - page 136. (Read 383550 times)

As I gave specific instructions like 2 months ago, Segwit on BTC will get exploited and people are gonna lose their coins.  Simple math.  Simple logic.  Yet somehow everyone avoids the truth. 

Then I step in.

See that?!?!

Some dood said this not so long back but cant remember who,when or where.Does it make any sense to you highly intelligent specimens?

 

That's genuinely interesting history. 

We need miners cause we need security but there is an inherent flaw that should be obvious to all by now. The current reward mechanism and mining structure cause mass centralization by miners with the cheapest costs, which is china. 

Furthermore any country can add to that like Russia announced it will do with $100 million ASICS mine.

In my mind this is jack-knifing out of control.  And it's such a waste of resources. 

The "real" bitcoin or its successor will need to do it differently. 

See that? 

I really agree with what you're saying 100%.  That's how I've seen litecoin and Charlie Lee from the beginning and I'm surprised people still fall for the LTC is silver nonsense.  If you repeat it enough times...

I can only speak for myself, but I think Charlie Lee is a dork. Litecoin has been declining from its high of .02 btc for quite awhile now and he's constantly declaring victory off of the usd value increases coming from Bitcoin's rise. Charlie Lee posts price predictions and what I see as exceedingly lame memes on a daily basis. Rocket Chicken Moon, wow. So wowe. I see all kind of idiots talking about $1,000 Litecoin and how great Charlie is and how he is constantly working... I don't see it!

Furthermore he has sided against BCH and with the Blockstream corporation simply because he wants his lightning network to enable atomic transactions between Litecoin and BTC in the default wallet. I do not support such transactions and I do not view the current BTC as the legitimate successor to the pre-fork Bitcoin. Charlie is all about Nodes being more important than hashpower. I don't see how raspberry pi nodes that cost $10 and can be put up en masse is more valuable than the hashpower which takes millions of dollars to acquire. Why would you determine the valid upgrade by something so insignificant and manipulable? User Activated Soft Fork, UASF, just a lie to make the little guy feel fuzzy.  It's a marketing gimmick.

Vlad has long ago said that Litecoin was not the intention of his riddle and if you read you would know it's been solved for years.

That's post #11.

You really want to get behind the guy who posts stupid shit like this?



Not me.

This is what I see:

BTC -- Over bearing more powerful of the brothers.

LTC: the Work force more nimble of the brothers.

https://twitter.com/SatoshiLite/status/900451482884952064

Is it the end for SHA 256 coins (besides bitcoin)? It seems miners have given up on them.
SHA 256 coins are not doing well unlike other coins like DASH, ETH and LTC.

Second coin?  Sounds prophetic like the second coming. Haha.  It Just might be that!

That's what I think so too, it has a future and I choose to investigate and explore IXcoin and any coin has something original. It is the original copy(sounds great ) of bitcoin so this already means something, second coin.

lol you didn't offend my feelings  

But of course I'm going to defend Ixcoin. You could mine Ixcoin with a graphics card back in 2011 as well. You can still mine for fees now, though it is not rewarding a block payout, something which I think should be changed with a soft fork of the premine.

Ixcoin is the original copy of bitcoin, it is the second altcoin ever. Use of Ixcoin doesn't necessitate it surpassing Bitcoin and any changes or features implemented to Bitcoin or any other coin can be brought to Ixcoin if we come together to do it.

I think it's better to not put a great deal of effort into marketing a coin, allowing people to participate if they wish, rather than taking out huge spaces to advertise it, starting icos, pushing it on uninformed investors. I think it's an interesting coin because it can indeed implement any changes from any other coin, it is the second oldest altcoin, it is merge mined, the creator is mysterious, used a clever anagram of Satoshi Nakamoto, and despite Ixcoin's low price only a small number of coins can even be purchased off exchanges meaning the majority are held in cold storage.

Low usage and valuation in the past and present does not necessarily mean it will never be adopted. Yes, it is not a sure shot but it is an interesting rhetorical position so I and many others choose to hold and stay involved.  

I am not against IXcoin, I don't care where did you get this. I just can not imagine why anyone would buy the coin that was mined only by a few, using limited resources, not giving ANY proper energy or anything to back it in past. This coin can't have 4300$ price per coin, it cannot be valuable that much cause it doesn't have proper  power spent to mine it.

With bitcoin, if I don't want to buy them from you, I buy myself a video card back in 2012, or an ASIC now and I still can mine my bitcoin not thinking about the price if I plan to sell only at a chosen by me price.

IXcoin is the original COPY of bitcoin, it will have a proper use in crypto world, but I can't imagine in what universe it will be so much adopted and bought to replace TRB.

And I am sorry I offended your feelings, remember we're in a public forum, look around, are my comments the worst? If so, I really don't care.

If I decided to post in this topic I decided and I don't need your permission to write here, from this to making me stupid is unfortunate, but that's it.

We've openly posted the holding distribution in a bubble chart, we have a chain explorer. Of course it isn't as decentralized in holdings as Bitcoin but this doesn't preclude it from success. It is relatively well distributed and there is nothing preventing people from buying. Regardless, there is nothing particularly wrong with large holders of a chain, as long as they obtained their holdings legitimately. In fact, many of the top coins have massively centralized distributions and that appears to have helped them in propping up the price.

If you don't believe in Ixcoin, ok, sure, but I think it's pretty stupid to be posting in Ixcoin threads then.

Thanks to Julien Lamarche, we have a nice little promo button! Now, anyone want to design a new logo?

---

Ripple was inspired by the LETS concept and the writings of Michael Linton, and was conceived originally as a way to bring more accountability into the spending of credits in a LETS system. Unlike LETS, which only tracks obligations to and from a single central intermediary, Ripple tracks obligations between individuals in a social network. In practice, many LETS users and administrators have complained that LETS provides little incentive to make good on one's obligations other than the desire to have the system work. In Ripple, obligations are never to "the system", or to some other collective entity, but in specific amounts to specific individuals who have agreed to trust you, and the loss of whose trust would have a tangible effect on a participant's life should they decide to renege on their obligations.

@Vlad2Vlad, @x2666 And one more thing, Bitcoin's max supply is 21 million.
What is IXcoin's max supply? Also 21 million? 912 more coins to be mined are left.

If the supply is 21 million only for IXcoin, it means it is 99.99565714285714% already distributed and I highly doubt it many people hold it, my estimate is around 0.001% at best of the BTC's distribution (people that hold it).

This means that IXcoin is highly centralized held be a few, very easy to manipulate it.

So yes, I call bullshit on IXcoin, TRB(whichever will be) is much better than this.

What's this about.  You've thrown out like 3 names now but with nothing backing them up. 

Do you think he is Satoshi? https://en.wikipedia.org/wiki/James_Harris_Simons

Michael Linton, originally from the UK, has been active in community currency development since 1982 when he designed and began the first LETSystem in the Comox Valley, in western Canada. Previously, and briefly, he was a physicist, chemical engineer, computer programmer, business school graduate (MBA), research psychologist, truck-driver, ski instructor, school teacher, builder, fisherman, logger and retailer. He is also a qualified teacher of the Alexander Technique. He is now a systems designer, working primarily on systems for open society. For his most recent work, and links to earlier publications - www.openmoney.org

@x2666, sorry mate, I did not come here to argue, I came here to read smart people's opinions. I just don't think TRB will be IXCoin, I am not buying it, no offence.

11 years later, Julien Lamarche is a Bitcoiner: ref. https://web.archive.org/web/20060412004047/http://ripple.python-hosted.com:80/



James Simons is all I'm saying.