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Showing 20 of 60 results by Arros
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Board Altcoin Discussion
Re: Should IPOs be banned from the site? Poll
by
Arros
on 01/02/2014, 13:58:13 UTC
Just let people use their own brain to make their own investment/gambling decision.
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Topic
Board Altcoin Discussion
Re: Constant accusations of scam, eMunie public IPO cancelled.
by
Arros
on 12/01/2014, 13:15:52 UTC
Very interesting development. How about the whitepaper?

Watching.  Cheesy
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Topic
Board Altcoin Discussion
Re: eMunie Beta Test
by
Arros
on 11/01/2014, 23:05:39 UTC


Well I believe this is also a pretty easy thing to validate up to a few thousand eMu (which isn't such a big amount after all).
The investments are done on 3 fronts: 1. BTC, 2. LTC, 3. Wire transfers.
Wire transfers are harder to track, but looking in the blockchain to see total BTC and LTC sent to the addresses Fuserleer uses for these investments can be a pretty good indicator as to how much has been invested from the outside give or take a few % invested by wire transfers.

You really think it's easy to prove transfers aren't done by sock puppets?
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Board Altcoin Discussion
Re: eMunie Beta Test
by
Arros
on 11/01/2014, 10:02:29 UTC
Is there some way to audit how much Fuserleer create for himself, his friends etc.? Fully anonymous system? That means no way for independent checking? How can outsiders know how much of that declared presale investment is just an excuse to create emunies for himself to stash away.

Anyway, when will the whitepaper with lots of details come out? It was supposed to be some time ago.

There will be publicly available information on all the pre-launch investments made, and the amount of eMu.

There will also be a block explorer of such, so with that in mind, ANYONE can cross check that the amount of invested is equal (or close to save for tester bonuses and rounding) to amount of eMu created.

I CAN NOT create additional eMu after the genesis block and wallets, that is governed and controlled by the supply algorithms and is distributed to balance holders and hatchers as per the rules of the system (which have been documented in various threads over and over).

I'm not even bothering to answer eMules FUD.

I was not talking about whether the total amount of emunie created is consistent with what is entailed by the total investment declared and unit price in presale. I was asking about how is it possible for the outside world to know the investors in presale are all real entities independent of you.

Are you going to reveal the identities of all investors? If some names are disclosed, how can people verify that none of them are fictitious, or as forum lingo goes, your sock puppets? With a totally anonymous system (let's assume you're successful with that), is it even possible to show you do not own more emunie than you'd like to tell? Is this a matter that can only be taken on faith?

If there is indeed no way to confirm the truth one way or another, why wouldn't one take this chance to acquire a big stash secretly? Who is to say one should not profit from his hard work, earn well for his talent, or a potentially revolutionary project should not let its visionary architect reap great rewards? Surely, it's easy to trust yourself in never crashing the market with it, to reason an emergency fund must be set aside just in case, and to believe it'd only strengthen your guiding hand to help emunie fulfill your vision. It's really not hard to convince oneself that apart from being the profitable thing to do, this is in fact the right thing to do.

I'm not writing to say you shouldn't do it either. I'm just highlighting the possibility or should I say, opportunity.  Wink
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Topic
Board Altcoin Discussion
Re: eMunie Beta Test
by
Arros
on 10/01/2014, 15:06:01 UTC
Is there some way to audit how much Fuserleer create for himself, his friends etc.? Fully anonymous system? That means no way for independent checking? How can outsiders know how much of that declared presale investment is just an excuse to create emunies for himself to stash away.

Anyway, when will the whitepaper with lots of details come out? It was supposed to be some time ago.
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Topic
Board Altcoin Discussion
Re: eMunie Beta Test
by
Arros
on 10/01/2014, 14:38:55 UTC
Some of the emunie supporter accounts seem pretty fresh. Did they join the emunie project before having an account here or do they find it embarrassing to shill with their main account but are under peer pressure to do it?  Wink
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Topic
Board Altcoin Discussion
Re: [LTC] Changing the litecoin Proof of Work function to avoid ASIC mining?
by
Arros
on 10/01/2014, 04:18:00 UTC
Not too many voted considering how many people have a stake in Litecoin.
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Topic
Board Altcoin Discussion
Re: so are coins 2.0 / 3.0 going to eat btc???
by
Arros
on 28/12/2013, 03:55:30 UTC
Those new systems aren't properly released yet. No one knows how well they'll hold up against serious attempts to hack or disrupt them. Besides, Nxt is apparently very raw right now and emunie mechanisms haven't been explained in detail.

Premature to talk about eating btc.
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Topic
Board Altcoin Discussion
Re: HIS Radeon 7970 opinions
by
Arros
on 28/12/2013, 03:33:09 UTC
Also worth considering is every day you delay purchase is another day you don't use the card to mine at current difficulty.
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Topic
Board Altcoin Discussion
Re: Anon136's NXT Giveaway Thread (weighted by forum notoriety)
by
Arros
on 26/12/2013, 12:42:21 UTC
1411448192610087872

Thank you.  Smiley
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Topic
Board Announcements (Altcoins)
Re: Hotcoin 1.0 release, donated two million coins, first-served basis.
by
Arros
on 26/12/2013, 02:26:07 UTC
H8G1iDi6EqnmDLNvDTrhxRmYdGD2L87G4o

Thanks.
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Board Bitcoin Discussion
Re: If they do, when will the FBI announce to sell their alledged 600k BTC stash?
by
Arros
on 09/10/2013, 00:07:38 UTC
It could be interesting if they dump 600k BTC in one go.  Smiley
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Topic
Board Bitcoin Discussion
Re: Simple Vanity Address Generator [v0.4]
by
Arros
on 24/09/2013, 00:52:40 UTC
Good work, thanks.
Post
Topic
Board Beginners & Help
Re: Hi I'm new to mining!
by
Arros
on 24/09/2013, 00:36:58 UTC
This thread is interesting. Real world miner stumbling into bitcointalk forum because of all the mining discussion.  Cheesy
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Topic
Board Altcoin Discussion
Re: New to mining, starting on star trek coins
by
Arros
on 24/09/2013, 00:31:05 UTC
Mining scrypt-jane coin often requires more trial and error with settings than normal scrypt coin if you want better performance. You may also need to change the settings every time the N change.

The simplest thing to try is to post in the coins' official threads and ask what others are using and pay attention to when N will change again.
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Topic
Board Altcoin Discussion
Re: [ANN][VIDEO DEMO] C.A.T. Cryptsy Automatic Trader (AUCTION END)
by
Arros
on 24/09/2013, 00:05:10 UTC
Numbers of ping-pong successfully is not important. Important thing is the Gain  Wink
With 10 Big ping.pong you can do more than 100 little ping pong (fees are our enemy  Cheesy)

The exchange operators should order a special edition from you which disregard the fees they don't need to pay. May be they will make so much money from trading that they want to lower the fees to attract more trading partners to their exchange.
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Board Altcoin Discussion
Re: Gimme some YAC
by
Arros
on 23/09/2013, 23:52:44 UTC
Gimme some YAC
YBaESPJETz3wrmwSF6bxUPtFyC1pkfvnRw
H6LsgpceDemnBgASwJ/gn9uIRtQ6dWw8zCxg0wuGmKEMkP/k6oiH8Etogu7PxWMF8pvqCkXXBoRlwY0SFDiRh/Q=
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Topic
Board Beginners & Help
Re: SHOW ME THE MATH (Why USB Miners are not profitable)
by
Arros
on 08/09/2013, 00:42:33 UTC
Easy profit don't last. People pile on it until it's mostly dissipated in the rush.
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Topic
Board Altcoin Discussion
Re: What happened to mtrlt? Did he just scam us of 75 BTC?
by
Arros
on 23/08/2013, 01:46:30 UTC
I first have to say I'm not familiar with what's going on with the GPU miner.

I'm just curious whether the developer may do a partial/full refund if the project doesn't produce a useful miner.
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Topic
Board Altcoin Discussion
Re: Does a high pool difficulty lower anyone's profits?
by
Arros
on 23/08/2013, 01:38:15 UTC
In your simulation, I suggest you don't use any of those formulas, and just model mining as though it really is at the base level. Randomly generate a number between 1 and 100000, and if it's below 1000, it's a share. If it's below 10, it's a block.

I thought about doing this. The problem is then I need to process the workers in a parallell fashion. Meaning run multiple threads/processes. This is because now both miners are racing each other. ...

I think you can still simulate their race in sequence by seeing how long each one takes to get something, and compare their "times" to see who won.