Outline ·
[ Standard ] ·
Linear+
Bitcoin Thread v1, and other cryptocurrencies
|
SUSatombom123
|
 Dec 2 2013, 11:21 PM
|
|
I understand the appeal to Bitcoin. I don't like the private bank-controlled currency that gives certain people way too much power either. I like the fundamental concept of Bitcoin, a digital currency run by no one person, but by an open source program that works on its own. However, if something like Bitcoin is to be sound, it ought to be stable as well. Bitcoin is not stable. Perhaps someone could get the source code and modify it in such a way to create a cryptocurrency that is not finite but also accumulates in line with the economy its supposed to represent. Perhaps an economist could be better suited to describe how this might be done.
This post has been edited by atombom123: Dec 2 2013, 11:22 PM
|
|
|
|
|
|
SUSatombom123
|
Dec 2 2013, 11:25 PM
|
|
|
QUOTE(kennyy90 @ Dec 2 2013, 04:36 PM) just like wikileak.. but i love wiki leak... |
|
|
|
|
|
TScloudstrife07
|
Dec 2 2013, 11:55 PM
|
|
|
QUOTE(atombom123 @ Dec 2 2013, 11:21 PM) I understand the appeal to Bitcoin. I don't like the private bank-controlled currency that gives certain people way too much power either. I like the fundamental concept of Bitcoin, a digital currency run by no one person, but by an open source program that works on its own. However, if something like Bitcoin is to be sound, it ought to be stable as well. Bitcoin is not stable. Perhaps someone could get the source code and modify it in such a way to create a cryptocurrency that is not finite but also accumulates in line with the economy its supposed to represent. Perhaps an economist could be better suited to describe how this might be done. there are alternative cryptocurrencies that is not finite, however judging from their users/miners/trader, i think the idea isn't that popular in the crypto world.  |
|
|
|
|
|
41LY45
|
Dec 3 2013, 12:26 AM
|
|
|
QUOTE(apit.malay @ Dec 2 2013, 07:39 PM) Its look luke class is needed so that everyone is crystal clear more or less Bitcoin 101. lol |
|
|
|
|
|
ar188
|
Dec 3 2013, 12:28 AM
|
|
|
QUOTE(shykull @ Dec 2 2013, 09:55 PM) damn... u paid 5x premium price for those things..  |
|
|
|
|
|
TScloudstrife07
|
Dec 3 2013, 12:31 AM
|
|
|
jeng jeng jeng. new KNCMiner ASIC.  |
|
|
|
|
|
41LY45
|
Dec 3 2013, 12:39 AM
|
|
|
QUOTE(cloudstrife07 @ Dec 3 2013, 12:31 AM) jeng jeng jeng. new KNCMiner ASIC. I haz no that much moneh liao lol. |
|
|
|
|
|
coklatua
|
Dec 3 2013, 12:46 AM
|
|
|
RM41k
|
|
|
|
|
|
SUSatombom123
|
Dec 3 2013, 12:52 AM
|
|
|
QUOTE(shikimori @ Dec 2 2013, 04:59 PM) bitcoin looks like a good method to do money laundering . I think it will go strong for few years . Until big brother steps in that is money laundering? i tot only corrupted government do money laundering/? |
|
|
|
|
|
SUSatombom123
|
Dec 3 2013, 12:54 AM
|
|
|
QUOTE(PVCpipe @ Dec 2 2013, 06:06 PM) who actually govern bit coin? backed by what? this smells like the virtual gold scam still better than mudah.com.my |
|
|
|
|
|
CallMeBin
|
Dec 3 2013, 12:58 AM
|
|
|
i want to main
|
|
|
|
|
|
ShinG3e
|
Dec 3 2013, 01:00 AM
|
|
|
People who don't understand the fundamentals of cryptocurrencies are the ones who are being sceptical & pessimist towards new things.  |
|
|
|
|
|
TScloudstrife07
|
Dec 3 2013, 01:04 AM
|
|
|
QUOTE(coklatua @ Dec 3 2013, 12:46 AM) yeah. topap another 6k can buy Persona SV liao. QUOTE(ShinG3e @ Dec 3 2013, 01:00 AM) People who don't understand the fundamentals of cryptocurrencies are the ones who are being sceptical & pessimist towards new things. cant blame them. Money is getting hard to earn lo nowadays. |
|
|
|
|
|
41LY45
|
Dec 3 2013, 01:06 AM
|
|
|
QUOTE(qedx @ Dec 2 2013, 05:30 PM) using BTC to launder money would be a horrible idea since while the transactions are anonymous, they are available to the public and can be easily traced Amen |
|
|
|
|
|
Dixon93
|
Dec 3 2013, 01:08 AM
|
|
|
Finally got a official bitcoin thread. Anyway gift you all a classic proverb.
“The best time to plant a tree was 20 years ago. The second best time is now.”
So wait no more and invest in bitcoin now! And anyone who have a good ATI card should mine Litecoin too, kinda profitable recently.
|
|
|
|
|
|
ar188
|
Dec 3 2013, 01:08 AM
|
|
|
QUOTE(cloudstrife07 @ Dec 3 2013, 01:04 AM) yeah. topap another 6k can buy Persona SV liao. cant blame them. Money is getting hard to earn lo nowadays. but will ROI in 1-2months.. |
|
|
|
|
|
cukobi
|
Dec 3 2013, 01:10 AM
|
New Member
|
QUOTE(41LY45 @ Dec 3 2013, 12:39 AM) I haz no that much moneh liao lol. 10 btc?  |
|
|
|
|
|
TScloudstrife07
|
Dec 3 2013, 01:16 AM
|
|
|
QUOTE(Dixon93 @ Dec 3 2013, 01:08 AM) Finally got a official bitcoin thread. Anyway gift you all a classic proverb. “The best time to plant a tree was 20 years ago. The second best time is now.” So wait no more and invest in bitcoin now! And anyone who have a good ATI card should mine Litecoin too, kinda profitable recently. all high end AMD cards at newegg sold out liao. crazy QUOTE(ar188 @ Dec 3 2013, 01:08 AM) but will ROI in 1-2months.. still, not many would've put that much money and gamble on it. they prefer the more traditional way e.g. trust fund, mutual fund, fd, REIT etc. |
|
|
|
|
|
Boomeraangkid
|
Dec 3 2013, 01:24 AM
|
|
|
Cant seem to find good guides on how to mine PPCoins
|
|
|
|
|
|
TScloudstrife07
|
Dec 3 2013, 01:37 AM
|
|
|
QUOTE(Boomeraangkid @ Dec 3 2013, 01:24 AM) Cant seem to find good guides on how to mine PPCoins it's just the same like mining bitcoins since same algorithm SHA256. only pool different. |
|
|
|
|
Quote
0.0264sec
0.46
6 queries
GZIP Disabled