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Showing 20 of 23 results by ihavenousername
Post
Topic
Board Mining
Re: Limited hashing power to eliminate industrial mining.
by
ihavenousername
on 22/10/2014, 18:53:12 UTC
I am by no means qualified to answer my question nor do I know if it is possible but I feel that with the introduction of ASICs (greedy companies wanting to make a buck) and the Industrial Mining (greedy companies to wanting to make a buck) it's all going south.
I may be completely wrong but without everybody being afforded equal opportunity to be involved it will never be as great as it should/could be.
To me the appeal was being part of something that was controlled by nobody... Surprise surprise big business has taken over.

What big business has taken over bitcoin? How is bitcoin 'going south'?

Everybody had the chance to take the plunge and invest in ASICs when the opportunity to pre-order came about with no idea whether you'd a/ see the hardware and b/ ever hit your ROI. People took risks and it paid off for some and not for others, like pretty much everything in crypto (cex, altcoins, IPOs, hashlets etc)

I imagine the risk is far greater for the farms, as I can only imagine what their hardware cost and what their electricity bills are like

500ghs is like $2 a day btw, not only is it impossible it'd drive miners away in their droves
Post
Topic
Board Altcoin Discussion
Topic OP
Charitable coins
by
ihavenousername
on 31/08/2014, 00:49:37 UTC
Hi,

Real life issues have kept me away from cryptos for a while. Anyway I was speaking to a friend earlier in the day who helps at an animal shelter which is in desperate need for donations & we were discussing fundraising ideas, I thought of cryptocurrencies but didn't want to mention it for fear of blagging her head as she isn't the most tech savvy of people.

From what I remember, there were a couple of charity based coins made a while back. My question is, did any of these coins actually take off or were they just pump & dumps with the good intention used to lure people in?

(Just curious btw, not going to start begging!)

 Grin
Post
Topic
Board Archival
Re: delete
by
ihavenousername
on 25/03/2014, 22:07:40 UTC
BCX can't go to jail for mining a coin. It just so happens that he can be more than 51% of most network hashrates. Forks happen all the time its the nature of the beast. Perhaps people are stupid for putting a multi-million dollar valuation on a blockchain that can be forked by such little hashing power.

I see nothing wrong with this.

AUR has a value established by free markets. You see nothing wrong with deliberately destroying or degrading that value out of malice?

If Icelanders come to value this windfall and then BCX deliberately damages the value of their holdings, I could see a hue and cry from the Icelandic population demanding that their government do something. It would not be hard to imagine them charging him with any manner of infractions having to do with property damage, vandalism, financial wrongdoing, you name it - and seeking to extradite him.

The same government which issued a public warning with the impending airdrop?



Yea the same smartass. Because they dont want AUR to influence their country. And now the politicians will do what public will demand, if it does not cost them. And blaming one person for everything certainly is the way goverments work for centuries, in case you have not noticed.

Politicians do what the public demand? You've actually made my day with that comment  Grin

The point I was trying to make the government has done its duty by issuing a public warning.

The governments want to protect their respective banking systems, not crypto.
Post
Topic
Board Archival
Re: delete
by
ihavenousername
on 25/03/2014, 20:54:26 UTC
BCX can't go to jail for mining a coin. It just so happens that he can be more than 51% of most network hashrates. Forks happen all the time its the nature of the beast. Perhaps people are stupid for putting a multi-million dollar valuation on a blockchain that can be forked by such little hashing power.

I see nothing wrong with this.

AUR has a value established by free markets. You see nothing wrong with deliberately destroying or degrading that value out of malice?

If Icelanders come to value this windfall and then BCX deliberately damages the value of their holdings, I could see a hue and cry from the Icelandic population demanding that their government do something. It would not be hard to imagine them charging him with any manner of infractions having to do with property damage, vandalism, financial wrongdoing, you name it - and seeking to extradite him.

The same government which issued a public warning with the impending airdrop?

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
by
ihavenousername
on 19/03/2014, 23:42:16 UTC
I get the feeling auroracoin is gonna be the dump of the century

6 days til the supposed airdrop, less than 1,500 likes on their facebook page, twitter with less than 3,000 followers so I can't see the majority of the nation claiming their coins as planned = lots of pre-mined coins going begging.

How exactly are you going to verify people? I've seen mention of something which the majority of the country haven't even signed up to, or asking for copies of I.D which opens this up for a massive identity theft risk.

It's all too foggy, and reeks of scam.

If he was going to dump the pre-mine that would have happened already. There are people scanning the pre-mine addresses
automatically and will post here if the coins are moved from pre-mine.
Pretty sure they said many times it could takes months or a year even to get coins out to everyone.

And while you all complain and cry... I watch the price rising to make some money.


Maybe you're right, kudos if you are, and grats for profiteering from trading in AUR.

I'm hardly crying about it, it's no skin off my nose as I don't own a single AUR, don't intend to, was just posting how I see it

Maybe he's waiting for the volume in buy orders to pick up to make the most he can, maybe he's waiting til the 'air drop' so nobody will be suspicious when coins start moving out of those wallets, or maybe it's actually legit (although I'm seeing little evidence so far to support this)

I do find it odd however that with 6 days before this supposed drop there is still no concrete confirmation of how it is going to work, and despite the coin seemingly making the press & being discussed by their parliament the lack of interest their nation is taking in it but people are buying at 0.02 when that price will plummet if the air drop fails or those pre-mine coins mysteriously make their way onto an exchange.

That, and this https://bitcointalk.org/index.php?topic=522354.0
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
by
ihavenousername
on 19/03/2014, 18:28:56 UTC
I get the feeling auroracoin is gonna be the dump of the century

6 days til the supposed airdrop, less than 1,500 likes on their facebook page, twitter with less than 3,000 followers so I can't see the majority of the nation claiming their coins as planned = lots of pre-mined coins going begging.

How exactly are you going to verify people? I've seen mention of something which the majority of the country haven't even signed up to, or asking for copies of I.D which opens this up for a massive identity theft risk.

It's all too foggy, and reeks of scam.
Post
Topic
Board Altcoin Discussion
Re: Project Abro (Replicated post - Original Post in Marketplace)
by
ihavenousername
on 05/03/2014, 20:58:56 UTC
Post
Topic
Board Altcoin Discussion
Re: Doge help
by
ihavenousername
on 05/03/2014, 20:45:25 UTC
My advice would be to keep them.

Buying at 0.00000208 wasn't the best price to pick DOGE up at but it wasn't the worst.

DOGE is still making the headlines, I'm pretty sure it was only this week someone has put their house up for sale for DOGE, whilst there isn't anywhere near the amount of hype surrounding DOGE when it was first launched but that's to be expected.

DOGE has a huge following behind it, more than any other altcoin, it's been mentioned in the media more than any other altcoin in the past few months (only 2nd to bitcoin) and it has only reached its first block halving.

Besides what would you trade them in for? You could go back to BTC, sell on the highs/buy on the lows to recoup, any other altcoin will be just as much of a gamble IMO
Post
Topic
Board Altcoin Discussion
Re: dogecoin LIED and created the illusion of popularity when no-one liked it
by
ihavenousername
on 24/02/2014, 19:29:22 UTC
Anyone who is involved with web-design, is aware of the tactics
of making a forum appear busier than it actually is.

Why make a forum look busier than it really is?
Because people tend not to join or post on forums that are not that busy,
that is why.

How do web-designers make forums look busy when they are not busy?
Web-designers can create their own posts under many alt-names, in
order to create the illusion of having more activity on a new forum.
Or, if they have the money to spend, they can hire paid-posters
to fill the forum with even more posts that way.

And once the forum is looking busier, then the web-surfers are much more
likely to join up and start posting themselves.

It works. That is the truth. It is deceitful(lies), but it does work.


That is likely what dogecoin did. They used paid posters and lots of them,
in order to create the illusion of being a popular coin when in fact,
most people had already rejected dogecoin because of the lousy name.

Dogs buy a dogs coin, and dogecoin is based on lies from the time it first started.
The paid posters even started to lie and say that dogecoin went viral, when
in fact, it was the mass-spam paid posters who kept on posting and being paid,
who went and spread the dog-gospel of dogecoin.

As investors though, you have the choice, of whether or not you will be fooled
or deceived by these tactics or not.

The title of your thread suggests some factual information behind your post but the actual post itself is just riddled with wild assumptions.

I have to say though its quite amusing reading through these threads "dogs buy a dog coin???" really? Doge is the devil incarnate etc  Roll Eyes Grin Cheesy

Also to the people saying crapcoin/scamcoin with no use to it, can you tell me another coin which in its infancy (in comparison to a lot of other coins) had so many services available? Can you name many other coins which are actually putting the crypto to good use (Doge4Kids) rather than just to harm the crypto community and just profit the coin maker & the early adopters? Are the people who made the coin, posted tens of thousands of posts across 100s of boards, mined the coin on launch with supercomputers also responsible for dogecoin having over 5million results on google too? Cos thats mighty impressive.

Post
Topic
Board Altcoin Discussion
Re: Why Doge coin is bad
by
ihavenousername
on 13/02/2014, 20:03:23 UTC
And "DOG" backwards is "GOD".

And "DOGE" backwards is "eGOD".

And "GODZILLA" backwards is "ALL IZ DOG".

 Grin

This post just makes me want to buy more DOGE!
Post
Topic
Board Altcoin Discussion
Re: [GIVEAWAY] USDE 11k to make your day!
by
ihavenousername
on 13/01/2014, 22:09:08 UTC
GfALe1Snu12Wz57q3QfRCwACkc8srVrM8R
Thanks  Grin
Post
Topic
Board Altcoin Discussion
Re: [GIVEAWAY] Hotcoin and Votes and Good luck. Hot Hot Hot...
by
ihavenousername
on 11/01/2014, 11:17:35 UTC
Is pool working seems frozen to me? Also having trouble solo mining now too  Huh
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Keisercoin - MKC - The most dangerous coin in crypto. (found on web - go!)
by
ihavenousername
on 05/01/2014, 17:53:13 UTC
He's tweeting saying this isn't the real coin so just a waste of time
Post
Topic
Board Altcoin Discussion
Re: ALTcoin creation service JUST FOR 100 mBTC
by
ihavenousername
on 03/01/2014, 22:51:57 UTC
I'd take one for free if the offer is still open  Grin
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MOON] Mooncoin: You know where it's headed! LAUNCHING 12/30 @ 1PM EST
by
ihavenousername
on 30/12/2013, 19:00:01 UTC
Suprnova pool letting me log in now & mining away
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MOON] Mooncoin: You know where it's headed! LAUNCHING 12/30 @ 1PM EST
by
ihavenousername
on 30/12/2013, 18:51:09 UTC
WE ARE ONLINE !!!


http://i.imgur.com/tR44fFf.jpg


START MINING NOW:
https://moon.suprnova.cc

Currently 0 % Fee, Stratum, Vardiff, everything you need.


WE HAVE DOWNLOADED THE BLOCKCHAIN, YOU CAN MINE WITH US !


account locked ....

account also locked  Angry
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HTC]Hotcoin 1.0 release, donated two million coins, first-served basis.
by
ihavenousername
on 28/12/2013, 21:08:37 UTC
mining this, looks good

HPhzYyVCiePsFynb9gAF2CBFFnhwNZPQpC

Thanks  Grin
Post
Topic
Board Altcoin Discussion
Re: [DOGE] Dogecoin giveaway sponsored by FORKPOOL
by
ihavenousername
on 22/12/2013, 16:35:48 UTC
DLhraXpDRAG6Lx1CE61KmtDrzyAo4gnfBp

much merry  Grin
Post
Topic
Board Altcoin Discussion
Re: [GIVEAWAY] Dogeaway, such generous, much reward so wow
by
ihavenousername
on 14/12/2013, 23:08:07 UTC
DLhraXpDRAG6Lx1CE61KmtDrzyAo4gnfBp

Such generous, thank you!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Exchange] Latest Cryptsy Additions, News and announcements
by
ihavenousername
on 30/08/2013, 15:58:57 UTC
Extremecoin now on BTER. More chance of it now getting onto Cryptsy?

+1!