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Showing 13 of 13 results by milesy
Post
Topic
Board Economics
Re: Euclid's Theory
by
milesy
on 02/01/2014, 03:33:20 UTC
see no correlation.
Post
Topic
Board Altcoin Discussion
Re: [DOGE] L8.LV Dogecoin Giveaway
by
milesy
on 24/12/2013, 06:16:31 UTC
DJGc9A9K52VcL7v2wLFssm32R4FNGJgLRq

Thanks.
Post
Topic
Board Altcoin Discussion
Re: [DOGE] Dogecoin giveaway sponsored by FORKPOOL
by
milesy
on 24/12/2013, 06:09:53 UTC
DJGc9A9K52VcL7v2wLFssm32R4FNGJgLRq

Thanks.
Post
Topic
Board Altcoin Discussion
Re: Nxt is the new Dogecoin - Giving away my 20,000 dogecoins
by
milesy
on 24/12/2013, 06:02:30 UTC
DJGc9A9K52VcL7v2wLFssm32R4FNGJgLRq

thanks
Post
Topic
Board Altcoin Discussion
Re: [PPC] Free Peercoin Giveaway - Update Dec 5 - Still Active
by
milesy
on 23/12/2013, 08:22:39 UTC
PUh1dfM7R9PRAKU5ZpWndasC91c2GMc2VC

thank you
Post
Topic
Board Speculation
Re: New reason for bitcoin to skyrocket. Misunderstood chinese deposit ban.
by
milesy
on 18/12/2013, 10:48:45 UTC
Even suppose that the govverment is not to ban the exchange websites, people still have reasonable incentives to dump btc and withdraw cash from it.

Even from your point of view, no inflow of RMB means the ratio of RMB/BTC is going low, at the assumption of no withdraw of BTC. Then the price will go down……that's the reason people dumping BTC to avoid  more loses.

Maybe they are wrong. but this logic is still a good explanation.
Post
Topic
Board Bitcoin Discussion
Topic OP
Why does Bitcoin need MINING? Would there be another way of maintenance?
by
milesy
on 18/12/2013, 01:16:46 UTC
Basically, I am a newbie and my question maybe sounds silly.

But after learning the basic mechanism of Bitcoin, I can't stop thinking how wasteful the mining electricity power is and, is it an essential part of a cryptocurrency?

For now, all I can understand is that the minging system is designed for 2 purpose: distribute new created BTCs & maintain transactions.

Could there be another way of doing this without so much powerful computing force?

I can't figure it out but I am still hoping there will be someguy finding his muse in the future.

Or maybe mining is the only way and I am just babbling...lol.
Post
Topic
Board Altcoin Discussion
Re: [GIVEAWAY][LOVE]Help us to publish to Cryptsy, 100 LOVE per support
by
milesy
on 16/12/2013, 07:12:51 UTC
again, I've already showed support on cryptsy

my username is MilesY

thanks

7FnP6C8gJPFtr4dLJhzGdzhkQYcpDbcu8A
Post
Topic
Board Altcoin Discussion
Re: [GIVEAWAY][LOVE]Help us to publish to Cryptsy, 100 LOVE per support
by
milesy
on 16/12/2013, 07:05:52 UTC
7FnP6C8gJPFtr4dLJhzGdzhkQYcpDbcu8A

thanks

I've downloaded. Start mining right now.
Post
Topic
Board Altcoin Discussion
Re: Is there any altcoin promising?
by
milesy
on 16/12/2013, 07:01:59 UTC
Quote from: ToxiClay on December 16, 2013, 05:58:19 AM
Quote from: milesy on December 16, 2013, 05:55:18 AM
Quote from: ToxiClay on December 16, 2013, 05:46:29 AM
I'm fairly interested in Litecoin. The market's not currently huge for it, it's safe (for now) against the big heavy ASICs that are dominating the Bitcoin arena, and the return is okay. If Bitcoin starts getting hard stupid with the difficulty, I might try to ease back into mining for Litecoins instead of Bitcoins.
It's a good idea.
BTC is too heavy for daily use, while LTC is a good alternative.
But even altcoin like LTC doing very good in the market, I am still looking for some altcoins that can provide an inspiring & revolutionary system, which I have failed, sounds to me the BTC is the final station to currency revolution.

I'd rather take it as a transfering system than a type of daily used currency.
Oh, most definitely. I'd be using Litecoin as "a way to get Bitcoin," not as a currency/means of exchange in and of itself. The problem Litecoin specifically faces (which is true in general for all altcoins) is that Bitcoin has the enviable position of being first in its sphere. Bitcoin is pretty safe in its position -- I don't see much jarring it loose save for a catastrophic failure of the network.
Post
Topic
Board Altcoin Discussion
Re: Is there any altcoin promising?
by
milesy
on 16/12/2013, 05:55:18 UTC
Quote from: ToxiClay on December 16, 2013, 05:46:29 AM
I'm fairly interested in Litecoin. The market's not currently huge for it, it's safe (for now) against the big heavy ASICs that are dominating the Bitcoin arena, and the return is okay. If Bitcoin starts getting hard stupid with the difficulty, I might try to ease back into mining for Litecoins instead of Bitcoins.
It's a good idea.
BTC is too heavy for daily use, while LTC is a good alternative.
But even altcoin like LTC doing very good in the market, I am still looking for some altcoins that can provide an inspiring & revolutionary system, which I have failed, sounds to me the BTC is the final station to currency revolution.

I'd rather take it as a transfering system than a type of daily used currency.
Post
Topic
Board Altcoin Discussion
Re: Is there any altcoin promising?
by
milesy
on 16/12/2013, 05:39:55 UTC
Quote from: SemiMolten on December 16, 2013, 04:17:53 AM
FTC probably. Mining it for a few months now.

have heard of 51% attack once.

Post
Topic
Board Altcoin Discussion
Topic OP
Is there any altcoin promising?
by
milesy
on 16/12/2013, 02:39:24 UTC
After the rocketed high price of btc, so many new altcoins have been constructed.

But I am wondering, are they really thinking about changing the fundamental currency system or just want to make a fast money and then leave it away?

Some coins look like promising, ANC & XPM etc. but I can't see any innovative features ...