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Showing 20 of 21 results by smophf7
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Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
smophf7
on 03/06/2014, 14:26:12 UTC
What is the process for converting NEM stake back into NEM once NEM launches?

How long until launch?

When NEM launches you will have to send the token and a message to the asset issuer account.

How long?
Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
smophf7
on 02/06/2014, 21:24:00 UTC
What is the process for converting NEM stake back into NEM once NEM launches?

How long until launch?
Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
smophf7
on 02/06/2014, 19:28:48 UTC
The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.



Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QCN] QuazarCoin | Privacy&Data protection | CPU only | Optimized miner
by
smophf7
on 02/06/2014, 09:17:01 UTC
When will GUI-wallet and a build for Mac OS X 10.6+ be developed? I look forward for it  Smiley

probably never.  these guys aren't real developers and hardly understand what they are doing other than copy and paste.
Post
Topic
Board Announcements (Altcoins)
Re: numbercoin POW+POS Fair coin,Unique POS allocation rules,June 1 launch
by
smophf7
on 01/06/2014, 11:43:37 UTC
Quite tasty Smiley

but what's the burger all about?
Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
smophf7
on 01/06/2014, 07:51:35 UTC
ive followed nxt price for a long time, im pretty sure nem def has something to do with the price rise, im not saying its the only reason, but nxt has only done 110,000 volume the past 24 hours and its risen 12%, what did nem do $50,000 volume the first day, easy math says its plausible.


the last major run up was caused by being at a conference where they made a huge amount of contacts and many many people were interested greatly by nxt.. there is currently guys at another conference now(today and tomrrow i think.. not literally right now lol) and the payexpo is coming up (nxt is the only coin going to be there.. dont even think btc is going to be there, could be wrong. there is also 3 major major announcements to be made..(pre ann today) a huge amount of excitement and many nxt guys bought more.. one devs interveiw was also on letstalkbitcoin today i think actually. nem may have played a part.. but its far from the main cause!

also this: https://nxtforum.org/central-europe-bitcoin-expo-(vienna-may-31-2014)/day-1/msg32930/#msg32930

if you look to the comments bellow he also states that is "confirmed"

what i take from this is that nxt may become listed on the exchange that he is talking about.. if its huobi... shit.. thats guna be SICK!!!! so ya i dont think its nem lol

Ah that explains it... lots of activity on NXT exchange + the NEM stuff: NEM, dotsforbits, and tons of others
Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
smophf7
on 01/06/2014, 00:10:19 UTC
Things are heating up over an the NXT AE.  How did NEM get there?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
smophf7
on 01/06/2014, 00:01:45 UTC
More Random FUD

MrWhale,

Since you don't seem to have any understanding of what the term "trustless" means, I'll explain it to you. It's impossible to do trustless mixing with the way XC works.

It's obvious that it's just a normal mixer that was implemented in a decentralized way. So it must work like this:

1.) Your client connects to a mixer node
2.) Your client sends money to the mixer node, then asks it to send money to another address
3.) Your money gets deposited into the mixers pool of funds
4.) Then the miner sends out the money to the address you specified

The problem is the node doesn't have to send the money, then you've just lost the money you sent. What if I ran a node and messed with the code to collect money but not send any out?

Darksend is "trustless" because it requires signatures from everyone involved to make the transaction valid. There is no opportunity to lose money at any point during the process.



Nor does he seem to understand the differences between a generic coinjoin implementation and Darksend (they are quite different, Mr. Whale).

Also, his "study" is straight up amateur hour as far as those sorts of usually go.  Someone should do some Internet sleuthing on its authors and origination.  At minimum the authors display a critical lack of understanding of Darksend's coinjoin modifications.  My hunch is that it's an intentional hit piece masquerading as objective research.

Let me rephrase that: I would be interested in knowing if there is any demonstrable connection between that "study" and any of DRK's competitor coins or communities. 

Don't go doxxing anybody for fuck's sake.


His "study" was quite hilarious! Show's he doesn't know anything.
Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] CLOAK | No Premine | No IPO | X-13 | Built in Anon via Exchanges!
by
smophf7
on 31/05/2014, 23:54:08 UTC
interesting, but DRK seems miles safer
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [NTXcoin]NTXCoin - 20%+75%IPO Next Exchange System Announcement ★★★★★
by
smophf7
on 27/05/2014, 15:06:15 UTC
Count me in on the FREE IPO.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
smophf7
on 26/05/2014, 10:30:19 UTC
I was mining at stratum+tcp://drkpool.com:3333. Now it does not respond. Please let me know if it is down.
Sorry I am new to dark coin.

maybe pool.darkcoin.io is better
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
smophf7
on 26/05/2014, 10:21:27 UTC
DRK is incredible!  will be worth 0.5 BTC one day.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sochicoin SOCHI Information - Olympic Games Release
by
smophf7
on 08/02/2014, 00:53:40 UTC
This is the second olympics inspired coin this week.  Zzzz
Post
Topic
Board Announcements (Altcoins)
Re: HoboNickels - HBN - 2% stake power! - Version 1.3
by
smophf7
on 07/02/2014, 18:54:15 UTC
Is this still minable?
Post
Topic
Board Announcements (Altcoins)
Re: NXTL: Next Coin Lite 3 - NEXT UPGRADED - Fair Distribution - Topic 2
by
smophf7
on 07/02/2014, 17:47:51 UTC
INTERESTED (to the max)

You missed adding me to your list.  Please add me!
Post
Topic
Board Announcements (Altcoins)
Re: NXTL: Next Coin Lite 3 - NEXT UPGRADED - Fair Distribution - Topic 2
by
smophf7
on 30/01/2014, 17:00:14 UTC
INTERESTED (to the max)
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NEM :: descendant of NXT - 4 billion coins
by
smophf7
on 22/01/2014, 17:24:17 UTC
NEM ROCKS!

I'm interested!!!!        Love da concept!

Sent 0.002 BTC.

TX 13d331779959dbdf66fc9f4d345bc5bbfac69f7e30e50db2a71edade09105df9
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NEX :: descendant of NXT - Imagine Fairness!
by
smophf7
on 21/01/2014, 17:45:34 UTC
NEX (Nexus exchange) looks highly interesting.

also, incorporating level coin ideas is a plus....  This is an evolutionary landscape, things must evolve.  One project borrows DNA from another.

at the end of the day, one of the deciding factors is who can actually do this stuf f...  FrictionlessCoin seems like a good bet.  And, he's giving away NEX, so seems like a good deal to me.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [OFFER] Nxt to NEX - Exchange one Nxt to 50 NEX coins - LIMITED!
by
smophf7
on 21/01/2014, 12:59:25 UTC
I'm in.

I will send 10000 NXT.
Post
Topic
Board Beginners & Help
Re: Hello from the Netherlands
by
smophf7
on 19/01/2014, 17:50:27 UTC
Some helpful info for you.

Do not trust people! Check out for some good reasoning.
This thread has some solid security protocols.
Don't make threads or posts solely for putting up referral links, that's what signatures are for.
Be careful with PayPal, deepceleron's thread does a good job explaining why PayPal is bad to use when exchanging bitcoins.
Membergroups explained - Check this thread out to learn what the icons under usernames mean.
Want to know how to create a really secure wallet? Check out this thread for a good guide.
There's a lot of weird terminology, this thread is a good guide.
If you think you deserve to be whitelisted, write up a post then PM me with the link.  Messages without links (or a good reason) will be ignored.
If you're looking for free bitcoin giveaways, check out the games and rounds subforum. WARNING: It does contain gambling as well.