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Showing 20 of 197 results by merockstar
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Topic
Board Altcoin Discussion
Re: Is peercoin good coin to invest in?
by
merockstar
on 04/01/2015, 06:03:55 UTC
If you're really only interested in coins that are at least two years old then Peercoin is the only option that both brings something new and useful to the table, and meets your age requirement.

Keep an eye on BitShares through the next year until it's birthday. it's getting close to a year old. that's my pick.

i'd keep an eye on Nxt, Ethereum, and Counterparty until they meet your two year requirement as well.
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Topic
Board Altcoin Discussion
Re: More BitShares greed.
by
merockstar
on 04/01/2015, 05:50:52 UTC
there are people here that are critical and call a scam a scam - it's for these people you come here.

Bitshares now spamming the forum won't help a lot. It didn't ann here - i won't buy it.

Coins exclusively using the own forum is a good way to control the conversation. I really save myself the headache. 

it didn't ann here but protoshares/bitshare-pts has been on coinmarketcap forever.

this thread pointed out the existence of the plans to make bitsharesx: https://bitcointalk.org/index.php?topic=313873.0

there have been plenty of other thread talking about it during that time too.

even some threads desperately trying to point out that AGS donation was coming to a close.

here's a post mentioning the february 28th snapshot https://bitcointalk.org/index.php?topic=476312.0

anybody interested in alt-coins had PLENTY of time to learn about the ideas behind bitshares, and plenty of time to invest by buying PTS. more time than any other alt. you're right, there was no formal ANN. do you really need a formal ANN to recognize a good idea when you see it?
Post
Topic
Board Bitcoin Wallet for Android
Re: PLEASE HELP 0.05 BTC reward
by
merockstar
on 04/01/2015, 05:36:21 UTC
is the blockchain on your phone completely synced?

if not, then the coin will show up when it is even if the receiving address has changed.
Post
Topic
Board Altcoin Discussion
Re: More BitShares greed.
by
merockstar
on 04/01/2015, 04:19:55 UTC
coins avoiding this forum normally have a reason to do so ...

bitshares could certainly spam the altcoin section alot more.

in fact there was a thread about that very topic once acknowledging that not as much information is shared here as could be.

but there's so much activity I think bitshares really does justify having its own forum. it's not like all the information isn't freely available.

I personally don't come around here much any more because I kind of feel like these forums have been overrun with assholes. not to mention all the scams. but that's just my opinion.
Post
Topic
Board Altcoin Discussion
Re: Why does price fall when I buy and it rises after I sell?
by
merockstar
on 04/01/2015, 04:06:02 UTC
I mean... you could explain why I'm wrong and maybe change my view...

Just use that exact same method you just described to trade. The market will surely provide you with a much better explanation than I ever could

fair enough, i didn't offer much explanation of why I feel that way either. i look forward to finding out how my plan plays out either way.
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Topic
Board Altcoin Discussion
Re: Why does price fall when I buy and it rises after I sell?
by
merockstar
on 04/01/2015, 03:58:25 UTC
buy those. consistently. like the same small amount out of every paycheck, whether the price be high, or low. i think they call this dollar cost averaging.

Translation: go to bathroom, lift toilet seat... insert money... flush

it's much quicker that way

when you have as much stacked as you're willing to risk, forget about them.

for a long time.

a really long time.

if the fundamentals were sound, and the product was innovative, then it will still be around in 2-3 years time. at which point you'll probably be up 10000%

Biggest lump of foolishness that I have seen written on the internet in a very long time, well done for that

I mean... you could explain why I'm wrong and maybe change my view...
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Topic
Board Altcoin Discussion
Re: More BitShares greed.
by
merockstar
on 04/01/2015, 03:56:25 UTC
I'll go ahead and predict that within a few months some "phantom" delegates will get voted in at 100% pay. Either controlled by the devs or by someone attempting to tax the blockchain without actually working for it.

I don't have a lot of money, and I'm normally not a betting man.

But man. I want to take this wager.

how about 30 bitUSD?
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Topic
Board Altcoin Discussion
Re: Why does price fall when I buy and it rises after I sell?
by
merockstar
on 04/01/2015, 03:52:16 UTC
yea that's how it works for me too.

my advice to you is to stop day trading.

research all the coins thoroughly, and pick the very best, most innovative ones.

buy those. consistently. like the same small amount out of every paycheck, whether the price be high, or low. i think they call this dollar cost averaging.

when you have as much stacked as you're willing to risk, forget about them.

for a long time.

a really long time.

if the fundamentals were sound, and the product was innovative, then it will still be around in 2-3 years time. at which point you'll probably be up 10000%
Post
Topic
Board Bitcoin Discussion
Re: Satoshi Nakamoto is from Europe
by
merockstar
on 04/01/2015, 02:30:39 UTC

(D: CIA used Gavin to capture/kill Satoshi - I don't see this as plausible AT ALL.)


satoshi emerged to point out that he's not dorian nakamoto, so he's probably still alive.
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Topic
Board Altcoin Discussion
Re: More BitShares greed.
by
merockstar
on 04/01/2015, 02:19:44 UTC
You are asking us to give up our two most powerful competitive edges.

1.  BitShares is a self-funding start-up.  It pays its workers in equity, like most start-ups.  Its supply increases much slower than Bitcoin.

2.  BitShares is innovative.  It will keep changing and improving to be competitive.

Choose who you prefer to invest in:  Tessla or Coke.


  Smiley



"self funding" didn't come about until a month or two previous. Your crowd fund was supposed to carry you through development, but couldn't manage so bytemaster threatens to bail and develop a competitor if the community didn't agree.

I don't think DNS, VOTE, and PLAY were ever viewed as "competitors." They all serve different purposes.
BM just realized that if they all use different blockchains, then we may end up with 4 different versions of bitUSD.

pretty sure the plan was for all the devs to work on all these projects all along. I don't think that constitutes "threatening to bail and develop a competitor."
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Topic
Board Bitcoin Discussion
Re: ++ Steal My Bitcoin Wallet & Rob Me Blind! ++
by
merockstar
on 04/01/2015, 01:53:29 UTC
your life savings 10btc   Huh OP needs to get off this forum and get a job.

30 grand isn't substantial? what kind of silver spoon did you grow up licking?
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Topic
Board Altcoin Discussion
Re: More BitShares greed.
by
merockstar
on 04/01/2015, 01:26:24 UTC
I know it's not really supposed to be fully decentralised and all but this is pretty ridiculous. I was warming up a lot to BTS recently but seeing this is kind of weird. This is the type of thing that people will always post a link to whenever someone brings up or recommends BTS.

It is supposed to be more decentralized than bitcoin.

101 delegates (who can be voted out at anytime) signing blocks instead of... how many mining pools with a monopoly on hashpower?

Bytemaster is transparent, and really cares about how the community feels. He had this idea, posted it, wanted people's feedback on it. He does this all the time because the community can often times come up with improvements to ideas he has, or explain better why an idea is terrible (like this). The idea was not to guarantee him and his devs a delegate spot, just to make their spots more secure by making them the default votes which could be changed.

Everybody told him that it's a bad idea. He said "got it. skip that then."

And this is an example of why the bitshares community is awesome. Everybody has a voice that will get heard if they want it to be.
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Topic
Board Off-topic
Re: My favorite drink is...........
by
merockstar
on 10/11/2014, 05:41:04 UTC
surge
Post
Topic
Board Off-topic
Re: What would you do if you received 20 bitcoins?
by
merockstar
on 10/11/2014, 05:09:05 UTC
Assuming I can't track down the sender after a reasonable time:

10 BTC > BitShares, Notes, and PLAY tokens.

2 BTC > Other alts (Peercoin, NXT etc)

5 BTC > Cold Storage with the rest of my savings

3 BTC > Give to other people/convert to fiat and pay bills

I would be ecstatic because my savings would be multiplied by like 9.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XOM] Pre-Release|Coin and P2P Marketplace|Anon|Escrows|Reputation|and More
by
merockstar
on 08/11/2014, 16:49:53 UTC
Only allowing wealthy investors fund your project, -8 points.

Kickstarter such that normal people get NO equity in your business, -7 points.

Forking BitShares code without mentioning BitShares explicitly even once, -8 points.

Not honoring the BitShares consensus of 10/10 to PTS/AGS holders, -6 points.

Screen shots that look horribly designed, -7 points.

ah CLains, couldn't have said it better myself.

I will actively discourage anybody I ever talk to about the project for the above reasons.
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Topic
Board Beginners & Help
Re: What is your best bitcoin wallet?
by
merockstar
on 15/10/2014, 12:10:46 UTC
bitaddress.org from a live-cd with the router unplugged.

bitcoin core/qt for funds I want easy access to.
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Topic
Board Bitcoin Discussion
Re: Is stealing bitcoins illegal?
by
merockstar
on 13/10/2014, 20:18:49 UTC
Is the rare mmo sword being stolen or ninja'd?

If the sword is being ninja'd then the games loot mechanics might come into question, and whether or not it's a guild and there was a pre-existing agreement. Or if it was a disagreement in a PUG.

As a former wow player, I'm not sure how one would outright steal the loot.

Maybe in Everquest though?

WoW and most games in general do not apply here. Read their TOS, its not your property you are just allowed to play with it, thus it can never be stolen from you. Thats why they can ban you for selling gold.

ahhhhhh gotcha.

so the question is if you have access via a private key to a spot on the blockchain, is the balance on that spot considered property?
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Topic
Board Bitcoin Discussion
Re: Is stealing bitcoins illegal?
by
merockstar
on 13/10/2014, 20:09:29 UTC
Is the rare mmo sword being stolen or ninja'd?

If the sword is being ninja'd then the games loot mechanics might come into question, and whether or not it's a guild and there was a pre-existing agreement. Or if it was a disagreement in a PUG.

As a former wow player, I'm not sure how one would outright steal the loot.

Maybe in Everquest though?
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Topic
Board Economics
Re: You work your butt off, and a rich dude does nothing and gets rich - how?
by
merockstar
on 26/09/2014, 11:56:26 UTC
A slave is a person which is simultaneously property.  To all those that believe having a "shitty job" is slavery, may I ask you to identify the corresponding master/owner?
Its usually someone running a business, the usual suspect. If you are a wageslave you are fucked... not much margin of action. If you are not part of the initial distribution of the pie and your family didnt got a nice slice of the pie, then you'll need something special. Most people aren't and its difficult to break the wageslave loophole.

Hmm...  What happens if a "wageslave" is fired?  Are they then free?

This is discipline for disobeying.

Now they have to suffer, probably lose their apartment, rely on other people which stresses relationships, experience self-esteem loss from being temporarily (or permanently, in some lines of work) unable to provide for one's self, possibly go hungry/be subjected to a demeaning food-stamp program (not every city has soup kitchens, or well stocked food pantries, and not everybody lives in a city), all while having to go around filling out job applications and present their best self for job interview after job interview, selling yourself to a new master.

So, a master can punish a slave by setting them free.  The free person will then want to find any new master that will have them.

Not sure the "slave" analogy is the right one to be honest.

Setting them free would be promoting them to a liveable wage.

Which would permit them to save up some cash, which in turn makes it possible for them to advance their education, move to a different country if they choose, or just save up enough to live on for a while and leave.

But that's not profitable. Master would have to "train" somebody new.

If your employees feel like slaves there's nothing you can do to change that except pay more and improve the working environment/hours. Also they won't tell you if that's the case, they want you to free them.

If you're a small business owner odds are you pay your people well though, unless your just starting and struggling to become profitable, in which case you're out there pulling your weight with them.

I can think of one decent paying position that doesn't require a bachelors. Mailman. But competition is fierce for a job with the USPS.
Post
Topic
Board Economics
Re: You work your butt off, and a rich dude does nothing and gets rich - how?
by
merockstar
on 26/09/2014, 03:04:19 UTC
A slave is a person which is simultaneously property.  To all those that believe having a "shitty job" is slavery, may I ask you to identify the corresponding master/owner?
Its usually someone running a business, the usual suspect. If you are a wageslave you are fucked... not much margin of action. If you are not part of the initial distribution of the pie and your family didnt got a nice slice of the pie, then you'll need something special. Most people aren't and its difficult to break the wageslave loophole.

Hmm...  What happens if a "wageslave" is fired?  Are they then free?

This is discipline for disobeying.

Now they have to suffer, probably lose their apartment, rely on other people which stresses relationships, experience self-esteem loss from being temporarily (or permanently, in some lines of work) unable to provide for one's self, possibly go hungry/be subjected to a demeaning food-stamp program (not every city has soup kitchens, or well stocked food pantries, and not everybody lives in a city), all while having to go around filling out job applications and present their best self for job interview after job interview, selling yourself to a new master.