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Showing 20 of 44 results by twunkle
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Topic
Board Altcoin Discussion
Re: F*** ICO's.
by
twunkle
on 03/07/2016, 09:40:20 UTC
WHY ARE WE HERE ?
We all came here years ago to support BITCOIN.
Why ?
For the concept of an open source decentralized digital currency.
This needs to replace the FIAT money not be an add-on scheme to FIAT.
If we NEED fiat to buy say ETH tokens then it can NOT be a currency no matter how hard you try.

A digital currency has to REPLACE FIAT !
It can not if you NEED Fiat to get the damn ICO tokens  Cheesy

..use your brain people.
And if you are not making a currency then it's just a straight up Pyramid Scheme !


Other than this kind of magical existence of bitcoin, part of the problem is just that. I doubt many believe that either. Why does it have to to replace fiat? What does that accomplish? Do you really believe it is living up to what it promised? I mean I wish all the best for it and its supporters, that it may go on forever and so on, because there is no direct evidence of it being something evil itself (regardless events in its eco-system). But it is just beliefs and all that just as well. You believe it can structure society in the way fiat does, being one single currency?
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Topic
Board Altcoin Discussion
Re: [FUD] Majority Rule
by
twunkle
on 03/07/2016, 09:21:03 UTC
What you do is fine right, what else can you do?
And majority of course, you choose to fight it, but most that are not into this will simply not bother.
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Topic
Board Altcoin Discussion
Re: F*** ICO's.
by
twunkle
on 02/07/2016, 22:16:16 UTC
What we have right now are a lot of scum like beings utilizing a technology built with the highest of ideals to trick and steal.

In terms of a pure rational analysis there is no theft or fraud. Alice sends money to Bob, because she believes she will get something in return. So these are just risk factors. ICO's are an early, simple form of capital investment structures for blockchains. Instead of paying for all developing costs upfront, a project can raise funds (secured via escrow hopefully) and then recoup these with the float of a currency. Potentially there are other ways to pay for developer costs. Its a much better model than what Bitcoin has at the moment (sponsoring through the backdoor).

Well at best maybe you have stupid scams probably where the devs fooled themselves as well  Grin

I mean it is really doubtful whether any startup should do funding this way. it is extremely risky for your continuity even if you have good intentions. if you want something for everyone then make it open, that shouldnt need a corp. and even if you do that you might find funds you need in different ways
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Board Altcoin Discussion
Re: How to make a 100,000$ with an ICO
by
twunkle
on 01/07/2016, 21:02:48 UTC
Interesting... so what can I expect for say euh 0.05btc. So you can eh publically decide faith in humanity

No clue what you are on about Smiley

I thought you were looking for work. But nevermind otherwise, I am sorry I misunderstood  Grin
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Topic
Board Altcoin Discussion
Re: How to make a 100,000$ with an ICO
by
twunkle
on 01/07/2016, 20:39:11 UTC
Interesting... so what can I expect for say euh 0.05btc. So you can eh publically decide faith in humanity
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Topic
Board Altcoin Discussion
Re: [Survey] Define Scam
by
twunkle
on 01/07/2016, 18:16:10 UTC
Just an attempt to gain something at the expense of someone else while giving nothing or way too little in return.

and obviously I am one too Grin
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Topic
Board Bitcoin Discussion
Re: How do I prove I'm Satoshi Nakamoto?
by
twunkle
on 30/06/2016, 11:20:24 UTC
ownership can be taken.

Consider: The only way you will know me being me, is when you can see me and point at me (or in other words you would have had to be there, the second when it began until its 1st release), the 2nd best would be an army of witnesses that you trust
(It is just an example, not claiming any weird)
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Board Bitcoin Discussion
Re: How do I prove I'm Satoshi Nakamoto?
by
twunkle
on 30/06/2016, 11:14:43 UTC
a key is not a person
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Topic
Board Bitcoin Discussion
Re: How do I prove I'm Satoshi Nakamoto?
by
twunkle
on 30/06/2016, 11:10:00 UTC
Of course but I said the video should be proven to be made before announcing it to the public, e.g. from 2007. And how well, I dont know Cheesy But I think you can get pretty far with video forensics. So stuff visible in the background and so on. Like I said can still be doubted, but could be very convincing depending what is in it.
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Topic
Board Bitcoin Discussion
Re: How do I prove I'm Satoshi Nakamoto?
by
twunkle
on 30/06/2016, 11:04:00 UTC
The closest I guess would be a video of him/them talking about specific bitcoin details that can be verified to have been made before making it public and can be proven not to be false of course.

But there would still be doubt
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Topic
Board Altcoin Discussion
Re: Fair number of coins kept by dev
by
twunkle
on 30/06/2016, 06:39:01 UTC
Lots option already mentioned: 100% could also be a good thing. If you seriously have a good idea for some business, you shouldnt put it up for grabs in the first place.
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Board Altcoin Discussion
Re: IDEAL: no ICOs, no proof-of-work, no proof-of-stake, no governance, and no forks
by
twunkle
on 29/06/2016, 20:56:12 UTC
To be honest, I actually disagree with all of OP points. The only thing what is missing, is the free secured (unforked, tamperproof) trade between them that is not item of speculation or profit, manipulation, ownership etc itself. Unfortunately that seems impossible to me, but obviously I know very little about it also or in any case or whatever  Kiss

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Board Altcoin Discussion
Re: IDEAL: no ICOs, no proof-of-work, no proof-of-stake, no governance, and no forks
by
twunkle
on 28/06/2016, 21:56:39 UTC
Thank you for digging that up
Can you not shard miners unpredictably and do lightweight difficulty pow, one transaction at a time (also being the elector) or just have my own node offer solution directly after finding it. But I guess I could find that Wink




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Board Altcoin Discussion
Re: r0ach's Cryptomarkets Watch & Scamcoin Observer
by
twunkle
on 28/06/2016, 07:49:03 UTC
i think there are many tricks. you can smash down the buy book and trigger stop loss and get back in cheaper. bots by back up the price with low volume
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Board Altcoin Discussion
Re: IDEAL: no ICOs, no proof-of-work, no proof-of-stake, no governance, and no forks
by
twunkle
on 27/06/2016, 22:26:44 UTC
Ok good. Lets see
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Topic
Board Altcoin Discussion
Re: IDEAL: no ICOs, no proof-of-work, no proof-of-stake, no governance, and no forks
by
twunkle
on 27/06/2016, 21:51:31 UTC
I love vaporware better
Thinking I am someones sock puppet, sad man
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Topic
Board Altcoin Discussion
Re: IDEAL: no ICOs, no proof-of-work, no proof-of-stake, no governance, and no forks
by
twunkle
on 27/06/2016, 21:27:20 UTC
hm being a nasty character eye ego and all that. boring... well I can be like that too if you want; you are saying nothing interesting on a topic to think about, its all and only about how much someone seem to suck. what good is that? Tell me does it make you feel better, what is your problem? Try some other style one time or do you have only one, is that your only face. Maybe I can bribe Spoetnik to turn on you, then at least it will be funny. Is that possible? Your telling me to sod off because supposedly I say nothing while you are saying nothing?

Leave me be dude Im tired, come back when you have a sense of humor  Shocked
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Topic
Board Altcoin Discussion
Re: My rebuttal to the fairness of proof-of-work launch (Monero's holier than thou)
by
twunkle
on 27/06/2016, 21:07:30 UTC
like a business, i install it, you get heat i mine coins? IoT ? lots of buildings have no choice/not allowed, plenty of people dont care also
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Board Altcoin Discussion
Re: IDEAL: no ICOs, no proof-of-work, no proof-of-stake, no governance, and no forks
by
twunkle
on 27/06/2016, 20:57:51 UTC
some ppl are just ignorant of powows  Wink
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Board Altcoin Discussion
Re: My rebuttal to the fairness of proof-of-work launch (Monero's holier than thou)
by
twunkle
on 27/06/2016, 20:50:17 UTC
Such as In many cases it makes economic sense to run an electric space heater when it is -40 C or F outside.

How many times have I pointed out that using electricity for heating is not economic. We use carbon based fuels for heating. There is an orders-of-magnitude difference in efficiency. If you are a Physicist and don't know this, I am flabbergast.

does it matter its where we wanna be, lets burn some powow and make sure there is plenty of electricity Smiley