this is a strange YAC address. or is there more that start with X's. and why?
http://yacexplorer.tk/address/Xz7bAZ4ME8AqeLSptV1jKcm29giyVwoFkz
Xz7bAZ4ME8AqeLSptV1jKcm29giyVwoFkz
http://yacexplorer.tk/address/Xz7bAZ4ME8AqeLSptV1jKcm29giyVwoFkz
Xz7bAZ4ME8AqeLSptV1jKcm29giyVwoFkz
YACoin uses address prefix version 77, see:
https://en.bitcoin.it/wiki/List_of_address_prefixes
Once all YACoin have been mined, it will be functionally identical to LTC, FTC and BTC for that matter. The only exception is the faster transaction time, which comes at the expense of security.
Errm, I don't think any of us will live to see it as there's a 2 Billion cap. There's 3.3 M YAC so far, and IMO the generation will slow down considerably as PoS blocks take over.
Like it or not, speculators are driving the Bitcoin market forward. This is a truly free market after all. And as there's no effective way of short-selling Bitcoin, all they can do is force the price to rise.
I don't understand what you mean. Don't miners sell their BTC for USD? This will drive the price down. You can also short sell Bitcoin by selling futures contracts on sites like icbit.se.
But apart from that I disagree that Bitcoin is being driven by speculators. BTC is a widely accepted form of currency, and it has a thriving market. There are very things that cannot be purchased with BTC, unlike the alts which have no commercial support whatsoever. Frankly I don't see why they should have.
- Michael
I think we're both right.
