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if the number of transactions doesn't pick up by 8/16 miners will have to quit Bitcoin Discussion
The endgame for Bitcoin is either rise to power or dive into oblivion. The forme…
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n/a | Sweft | March 19, 2014, 10:16:07 PM |
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if the number of transactions doesn't pick up by 8/16 miners will have to quit Bitcoin Discussion
I'm confident that if the network doesn't double in hash once it matures every…
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n/a | Sweft | March 19, 2014, 04:26:34 PM |
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if the number of transactions doesn't pick up by 8/16 miners will have to quit Bitcoin Discussion
There are several aspects to consider, but is likely to be profitable forever.Ju…
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n/a | Sweft | March 19, 2014, 04:03:31 PM |
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if the number of transactions doesn't pick up by 8/16 miners will have to quit Bitcoin Discussion
Sweft's Law: The network hashrate of a proof of work cryptocurrency must rise a…
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n/a | Sweft | March 19, 2014, 03:59:04 PM |
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The deflationary problem Economics
I will introduce the concept of Sweft's Law and Sweft Attack below.Sweft's Law:…
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n/a | Sweft | June 04, 2011, 06:41:12 PM |
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if the number of transactions doesn't pick up by 8/16 miners will have to quit Bitcoin Discussion
This is a well known problem I described back in 2011 and extensively wrote abou…
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n/a | Sweft | March 17, 2014, 10:30:55 PM |
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Would a permanent 50BTC block reward have changed the discussion? Economics
I like your idea, except i would make a couple of changes.1) Don't make it a for…
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n/a | Sweft | May 03, 2013, 05:18:37 PM |
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Would a permanent 50BTC block reward have changed the discussion? Economics
I like your idea, except i would make a couple of changes.1) Don't make it a for…
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n/a | Sweft | May 03, 2013, 03:18:52 PM |
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The deflationary problem Economics
Sweft: I think you over estimate the depth of thought of your oppositionIf anyt…
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n/a | Sweft | May 02, 2013, 11:38:44 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
The change of the total units added to the total supply or total units provably…
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n/a | Sweft | May 02, 2013, 09:37:08 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
The change of the total units added to the total supply or total units provably…
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n/a | Sweft | May 02, 2013, 09:09:23 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
Units in circulation has nothing to do with the supply of money.By any economist…
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n/a | Sweft | May 02, 2013, 09:01:50 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
Did you get anyone yet Sweft?I want to implement an interesting coin that can in…
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n/a | Sweft | May 02, 2013, 07:56:32 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
For one thing, you still have not addressed the problems such as the fact there…
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n/a | Sweft | May 02, 2013, 07:51:26 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
Etlase2's point is that the exchange market dose not distinguish between lost an…
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n/a | Sweft | May 02, 2013, 07:48:16 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
For one thing, you still have not addressed the problems such as the fact there…
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n/a | Sweft | May 02, 2013, 07:45:31 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
Etlase2, it is starting to sound like what is really meant is the guy wants in o…
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n/a | Sweft | May 02, 2013, 07:35:57 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
The second point is that lost coins are deflationary as much as taking dollars a…
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n/a | Sweft | May 02, 2013, 07:27:56 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
When you refer to the money supply regarding inflation and deflation, it is typi…
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n/a | Sweft | May 02, 2013, 06:45:28 PM |
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The deflationary problem Economics
I think the inflation people have a trouble with is fiat fractional reserve lend…
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n/a | Sweft | May 02, 2013, 05:23:48 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
Bitcoin will be inflationary for the next 100+ years.I have discussed this at le…
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n/a | Sweft | May 02, 2013, 05:53:37 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
Yes, but I'm not interested in making your bitclone--sorry--because I have plans…
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n/a | Sweft | May 02, 2013, 05:46:56 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
I don't think people will like the idea of a changing cryptocurrency. That's wh…
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n/a | Sweft | May 02, 2013, 04:11:01 PM |
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The deflationary problem Economics
I don't get it... bitcon network hashrate could just increase forever. what's th…
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n/a | Sweft | May 02, 2013, 03:06:31 PM |
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The deflationary problem Economics
There really is absolutely no benefit for this type of a cryptocurrency not to b…
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n/a | Sweft | May 02, 2013, 03:43:52 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion |
n/a | Sweft | May 01, 2013, 06:48:46 PM |
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The deflationary problem Economics
Network hash must grow at least at the rate of Moore's Law. This is also known…
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n/a | Sweft | April 30, 2013, 05:05:07 PM |
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The deflationary problem Economics
This is a good point. Block reward is fixed, tx fees are not. Thus, someone ca…
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n/a | Sweft | April 30, 2013, 05:26:25 PM |
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The deflationary problem Economics
http://www.marketoracle.co.uk/Article39704.htmlThe author of this article posted…
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n/a | Sweft | April 30, 2013, 04:55:42 PM |
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The deflationary problem Economics
From my own perspectives, the block chain split was of zero consequence. If it…
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n/a | Sweft | April 30, 2013, 09:24:39 AM |
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Would a permanent 50BTC block reward have changed the discussion? Economics
I like your idea, except i would make a couple of changes.1) Don't make it a for…
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n/a | Sweft | April 29, 2013, 09:11:01 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion |
n/a | Sweft | April 29, 2013, 03:35:05 PM |
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[StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) Altcoin Discussion
I am willing to pay for the implementation of a very simple fork to the bitcoin…
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n/a | Sweft | April 28, 2013, 05:07:35 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
Bump.Looking for devs.
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n/a | Sweft | April 29, 2013, 03:25:00 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
Can someone develop this?3 coins isn't really pocket change. I'd be willing to…
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n/a | Sweft | April 28, 2013, 11:15:05 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
Can someone develop this?3 coins isn't really pocket change. I'd be willing to…
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n/a | Sweft | April 28, 2013, 07:43:54 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
why 2%? that is too low. I think inflationary should be about 5% to 8%but, good…
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n/a | Sweft | April 28, 2013, 07:03:50 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
I'm not concerned with active or inactive coins, only how many coins have been g…
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n/a | Sweft | April 28, 2013, 06:13:52 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
I don't think that it's possible without serious protocol modifications. Just be…
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n/a | Sweft | April 28, 2013, 06:02:37 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
Quote-nSubsidy >>= (nHeight / 210000);+nSubsidy
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n/a | Sweft | April 28, 2013, 05:43:26 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
Have you heard about Freicoin?Yes, i don't find the protocol particularly attrac…
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n/a | Sweft | April 28, 2013, 05:24:38 PM |
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Looking for inflationary cryptocurrency dev Altcoin Discussion
Have you heard about Freicoin?Yes, i don't find the protocol particularly attrac…
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n/a | Sweft | April 28, 2013, 05:18:42 PM |
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Would a permanent 50BTC block reward have changed the discussion? Economics
I like your idea, except i would make a couple of changes.1) Don't make it a for…
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n/a | Sweft | April 28, 2013, 04:57:00 PM |
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Would a permanent 50BTC block reward have changed the discussion? Economics
I have extensively describe the problems with a deflationary cryptocurrency.See…
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n/a | Sweft | April 28, 2013, 03:33:11 PM |
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The deflationary problem Economics
Even if a 51% attack happened, it wouldn't do much, nor last long (as the other…
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n/a | Sweft | April 28, 2013, 02:51:57 PM |
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Would a permanent 50BTC block reward have changed the discussion? Economics
I have extensively describe the problems with a deflationary cryptocurrency.See…
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n/a | Sweft | April 28, 2013, 02:30:47 PM |
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The deflationary problem Economics
Bump.
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n/a | Sweft | April 28, 2013, 02:29:47 PM |
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The deflationary problem Economics
So your saying you expect it to stop? I find little evidence that it will ever…
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n/a | Sweft | April 12, 2013, 02:19:01 PM |
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The deflationary problem Economics
I just don't think that deflation will satisfy Sweft's Law and I believe thst a…
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n/a | Sweft | April 12, 2013, 01:20:30 PM |
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The deflationary problem Economics
So your saying you expect it to stop? I find little evidence that it will ever…
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n/a | Sweft | April 12, 2013, 12:35:00 PM |
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The deflationary problem Economics
So your saying you expect it to stop? I find little evidence that it will ever…
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n/a | Sweft | April 12, 2013, 08:51:24 AM |
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The deflationary problem Economics
Sweft: We at Freicoin have long understood the scenario you describe and are in…
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n/a | Sweft | April 11, 2013, 03:38:43 PM |
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The deflationary problem Economics
Once Bitcoin matures, the transaction fee will settle in a certain state so that…
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n/a | Sweft | March 31, 2013, 08:41:38 PM |
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The deflationary problem Economics
Let's assume we assign a 2% inflation with .1% tx fee and 10x velocity.The effec…
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n/a | Sweft | March 31, 2013, 07:18:08 AM |
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The deflationary problem Economics
The divisibility of coins does not change the deflationary aspect of the currenc…
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n/a | Sweft | March 31, 2013, 07:08:51 AM |
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The deflationary problem Economics
I really do not understand how diving satoshi has any meaning to the discussion…
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n/a | Sweft | March 10, 2013, 01:51:02 AM |
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The deflationary problem Economics
Also, the entire Bitcoin economy can run on a single satoshi, with a hard fork.…
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n/a | Sweft | March 10, 2013, 01:10:59 AM |
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The deflationary problem Economics
I will describe another flaw that can be exploited in a deflationary cryptocurre…
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n/a | Sweft | March 09, 2013, 09:59:34 AM |
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The deflationary problem Economics
I will posit this explanation of a Sweft attack.Once there's no longer inflation…
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n/a | Sweft | March 09, 2013, 10:19:33 AM |
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The deflationary problem Economics
There's 10,800,000 coins right now.1,280,000 will be mined this year.The inflati…
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n/a | Sweft | March 09, 2013, 08:26:02 AM |
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The deflationary problem Economics
I will introduce a law which i believe is the fundamental law of securing the ne…
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n/a | Sweft | March 09, 2013, 08:11:33 AM |
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The deflationary problem Economics
QuoteThis is just absurd. And this thread is non-sense. Transaction fees will be…
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n/a | Sweft | March 08, 2013, 09:27:30 PM |
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The deflationary problem Economics
I will introduce a law which i believe is the fundamental law of securing the ne…
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n/a | Sweft | March 08, 2013, 08:33:28 PM |
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The deflationary problem Economics
That's why the price goes up, in accordance to network hash, which secures the n…
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n/a | Sweft | March 08, 2013, 08:23:02 PM |
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The deflationary problem Economics
When more bitcoins are lost than created, reaching the 'Sweft point', bitcoin wi…
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n/a | Sweft | March 08, 2013, 08:07:13 PM |
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The deflationary problem Economics
I agree with the many suggestions to go create your own alt coin and not to use…
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n/a | Sweft | March 08, 2013, 07:53:05 PM |
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The deflationary problem Economics
Well we shall see I guess. Let us know when our constant minting coins reach 3%…
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n/a | Sweft | March 08, 2013, 06:24:10 PM |
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The 2040 problem Economics
Make an alt currency with a cap minimum 3% inflation. This will satisfy the pr…
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n/a | Sweft | March 08, 2013, 05:55:20 PM |
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The 2040 problem Economics
(Mining profit = block reward + fees) (Mining profit = (block reward)/2 + fees)…
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n/a | Sweft | March 08, 2013, 04:47:39 PM |
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MtGox should be arrested Bitcoin Discussion
WHERE IS THE POLICE REPORT?
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n/a | Sweft | June 20, 2011, 11:52:44 PM |
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MtGox should be arrested Bitcoin Discussion
How about we wait for mtgox to reopen before we start throwing all this shit aro…
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n/a | Sweft | June 20, 2011, 11:03:06 PM |
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When will mt gox open ?? Beginners & Help
4 days through never
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n/a | Sweft | June 20, 2011, 10:11:46 PM |
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MtGox should be arrested Bitcoin Discussion
If the police are involved, then a case number should be provided...1. I do not…
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n/a | Sweft | June 20, 2011, 09:57:13 PM |
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MtGox should be arrested Bitcoin Discussion
If the bitcoins were in fact stolen, then you had no legal expectation of keepin…
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n/a | Sweft | June 20, 2011, 09:44:59 PM |
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MtGox should be arrested Bitcoin Discussion
Arresting people serves a purpose. So that they can post or be denied bail. In…
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n/a | Sweft | June 20, 2011, 09:33:22 PM |
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MtGox should be arrested Bitcoin Discussion
MtGox should be jailed.Kevin should sue MtGox.You guys are idiots for believing…
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n/a | Sweft | June 20, 2011, 09:27:23 PM |
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I'm MtGox, here's my side. Bitcoin Discussion
QuoteThe idiots on this forum tolerating it are akin to religious fanatics, as y…
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n/a | Sweft | June 20, 2011, 09:14:31 PM |
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MtGox should be arrested Bitcoin Discussion
MtGox: Can you post information regarding the "criminal proceedings" you claimed…
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n/a | Sweft | June 20, 2011, 09:12:46 PM |
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MtGox should be arrested Bitcoin Discussion
This is potentially a 5-10m heist. No one knows what's going on. This should o…
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n/a | Sweft | June 20, 2011, 09:11:43 PM |
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MtGox should be arrested Bitcoin Discussion
This is potentially a 5-10m heist. No one knows what's going on. This should o…
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n/a | Sweft | June 20, 2011, 09:02:35 PM |
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MtGox should be arrested Bitcoin Discussion
This is potentially a 5-10m heist. No one knows what's going on. This should o…
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n/a | Sweft | June 20, 2011, 08:57:46 PM |
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I'm MtGox, here's my side. Bitcoin Discussion
Quote placing all your money on $0.01 buy orders this happens everyday if not ev…
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n/a | Sweft | June 20, 2011, 08:53:50 PM |
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I'm MtGox, here's my side. Bitcoin Discussion
So let me get this straight:1. The market for Bitcoins on Mt. Gox crashed.2. No…
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n/a | Sweft | June 20, 2011, 08:52:38 PM |
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Did gold ever drop to worthless? Economics
Is anything actually ever worth nothing?Sure, dependin on where it is.Try to tra…
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n/a | Sweft | June 08, 2011, 09:13:06 PM |
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Bitcoin will never be as good as gold and why ultimatly it will fail. Economics
Sweft, none of your arguments make any logical sense.Firstly, Gold is only costl…
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n/a | Sweft | June 08, 2011, 06:56:38 PM |
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Bitcoin will never be as good as gold and why ultimatly it will fail. Economics
Gold is the most useless commodity.Copper, silver, oil, wheat all have multiple…
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n/a | Sweft | June 08, 2011, 06:19:35 PM |
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Bitcoin will never be as good as gold and why ultimatly it will fail. Economics
Gold is stupid and useless.
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n/a | Sweft | June 08, 2011, 06:12:58 PM |
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Whats better 168$ 5830 or 226$ 5850 Mining
Can 5850s really go to 375? The stock was like 250 so that's a pretty huge incr…
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n/a | Sweft | June 07, 2011, 01:00:26 PM |
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Whats better 168$ 5830 or 226$ 5850 Mining
As the question in the topic..168$ 5830 or 226$ 5850I know they are expensive bu…
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n/a | Sweft | June 07, 2011, 12:55:53 PM |
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The 2040 problem Economics
Quote from: SweftWithout increasing hash, the network is not secure.I am pretty…
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n/a | Sweft | June 06, 2011, 11:28:50 PM |
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The 2040 problem Economics
Yeah, unfortunately with transaction fees you have to deal with the velocity of…
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n/a | Sweft | June 06, 2011, 11:15:52 PM |
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The 2040 problem Economics
The value of bitcoins is dependent on hash.No.You don't understand bitcoins, sor…
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n/a | Sweft | June 06, 2011, 11:14:04 PM |
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The 2040 problem Economics
QuoteYeah, unfortunately with transaction fees you have to deal with the velocit…
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n/a | Sweft | June 06, 2011, 11:13:09 PM |
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The 2040 problem Economics
On the off chance that OP isn't trolling, I'll give a go at removing the main co…
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n/a | Sweft | June 06, 2011, 08:57:56 PM |
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The 2040 problem Economics
Inflation creates a reason to mine, which reinforces the system. Once you remov…
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n/a | Sweft | June 06, 2011, 02:56:38 PM |
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The 2040 problem Economics
Sweft: So, assuming centralization really becomes that extreme, Wal-Mart could a…
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n/a | Sweft | June 06, 2011, 02:40:40 PM |
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The 2040 problem Economics
The ONLY way transaction fees will increase is through the velocity of money. B…
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n/a | Sweft | June 06, 2011, 02:19:41 PM |
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The 2040 problem Economics
The other issue is with the velocity of money. A deflating currency decreases t…
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n/a | Sweft | June 05, 2011, 10:59:19 PM |
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The 2040 problem Economics
This issue hadn't been addressed, please stop saying that. It's a lie.If it had…
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n/a | Sweft | June 05, 2011, 10:54:50 PM |
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How much Network Hashrate until we have a safe currency? Bitcoin Discussion
As I addressed previously this isn't a problem if mining is profitable because h…
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n/a | Sweft | June 05, 2011, 05:27:25 PM |
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