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Virtual Currency - Alt Coin Discussion Thread Virtual Currency - Alt Coin Discussion Thread

05-20-2014 , 04:18 PM
Quote:
Originally Posted by Hockeyfreak
I don't see what the difference is between that and being staked, either way I can "run" with the money. Pretty sure if you do a little research on me you would know that this would be very unlikely. I would, however, not mind one bit sending Stars as an escrow to someone that I mentioned as a reference.
Being staked pays better than 1%, and if not, lol @ anyone staking you.

If you cannot figure out why people who have seen numerous of people getting Zhou Tong'ed, they would be reluctant to enter a high risk low reward scenario and just relying on reputation, then lol. I mean lol @ all the idiots trusting with staking too.
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05-20-2014 , 04:54 PM
I'm not sure if you are serious or not.

Those might be some of the worst arguments that I have ever seen.

I was talking about staking somebody and giving them money they can run away with is the same. If you look at the ROI of both and comparing 1% interest per month to the ROI of staking somebody, then I don't know what to tell you. Let me put it lightly and just say it doesn't make sense.

When you stake someone you might have a 20-30% ROI but you risk losing everthing most of the time.

Here, you have no risk, other than if you think I will run with a whopping 5k worth of coins. You are making over 12% annually on something you want to invest in long term anyway, sounds pretty good to me but I guess a 12% annual interest rate is bad investing to you.

Obviously 12% annual interest rate is bad if you think staking is bad. I have been staking A LOT my entire life and have also made a lot, but I guess I was just lucky.

Please bring forth a lot better arguments if you wish to go that route, you can say as you please, as this is a free world, but you don't sound very smart bringing such points.

I also find is comical that you think that having references like Duhamel, FrenchDawg and Pass72 who all make millions in poker means nothing for a transaction of less than 8k which would pretty much cover all the coins.
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05-20-2014 , 04:58 PM
Quote:
Originally Posted by Hockeyfreak
I'm not sure if you are serious or not.

Those might be some of the worst arguments that I have ever seen.

I was talking about staking somebody and giving them money they can run away with is the same. If you look at the ROI of both and comparing 1% interest per month to the ROI of staking somebody, then I don't know what to tell you. Let me put it lightly and just say it doesn't make sense.

When you stake someone you might have a 20-30% ROI but you risk losing everthing most of the time.

Here, you have no risk, other than if you think I will run with a whopping 5k worth of coins. You are making over 12% annually on something you want to invest in long term anyway, sounds pretty good to me but I guess a 12% annual interest rate is bad investing to you.

Obviously 12% annual interest rate is bad if you think staking is bad. I have been staking A LOT my entire life and have also made a lot, but I guess I was just lucky.

Please bring forth a lot better arguments if you wish to go that route, you can say as you please, as this is a free world, but you don't sound very smart bringing such points.
Yes, and people who had coins at Mt. Gox had zero risk.

But hey, go find some suckers in the staking thread. Someone who needs to be staked for $5k, but has funds to escrow is pretty loltastic as well.

Good luck on your search for morons.
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05-20-2014 , 05:01 PM
On a side note....

CINNI @ 10k
BC @ 17.5k
DRK @ 130k

Should all be good buy targets.
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05-20-2014 , 05:06 PM
I know, it's very hard to understand the logic behind something so complex.

I guess everyone who trades options/forex must be out of their mind or scammers since nobody would ever want to trade options of a stock without actually buying them.
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05-20-2014 , 05:08 PM
Quote:
Originally Posted by Hockeyfreak
I know, it's very hard to understand the logic behind something so complex.

I guess everyone who trades options/forex must be out of their mind or scammers since nobody would ever want to trade options of a stock without actually buying them.
Yes, because this is entirely the same situation.
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05-22-2014 , 07:24 PM
Price of Ripple Plummets as Co-Founder Plans 9 Billion XRP Selloff

Ripple Labs co-founder Jed McCaleb has announced his intention to sell his sizable stake in the company’s native digital currency.

Known as ripples, or XRP, the currency was created as a unit of account and spam prevention tool within the Ripple Labs payment network.

In a post on XRP Talk forum, entitled ‘Selling my XRP’, McCaleb made his intentions known... continued

source: http://www.coindesk.com/price-ripple...llion-selloff/

link to jed's thread: https://xrptalk.org/topic/2629-selling-my-xrp/
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05-22-2014 , 10:21 PM
LOL @ Tokeweed, tried warning you.
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05-23-2014 , 05:45 AM
05-23-2014 , 08:43 AM
Jesus, DRK really kicking ass. Nice to see but also taking away value from all other alts.

BTC going up steadily is also very nice to see!
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05-23-2014 , 10:14 AM
I have changed interest rates of certain coins. My first month loan also finished of 10BTC with AverageGreg (Those who play on Stars know him).

---------------------------------------------

Coins I am looking for and the amounts: (to start all loans will be at 1% interest)

DRK - 500 coins (5% interest per month)
XLB - 30,000 coins (5% interest per month)
SYNC - 4 coins 1%

---------------------------------------------
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05-23-2014 , 09:53 PM
Quote:
Originally Posted by Hockeyfreak
I have changed interest rates of certain coins. My first month loan also finished of 10BTC with AverageGreg (Those who play on Stars know him).

---------------------------------------------

Coins I am looking for and the amounts: (to start all loans will be at 1% interest)

DRK - 500 coins (5% interest per month)
XLB - 30,000 coins (5% interest per month)
SYNC - 4 coins 1%

---------------------------------------------
Is there any reason you should be trusted? Offering 70% annually (or whatever it is after compound) raises suspicion. I would definitely do this with dark if it went into a multisig account. Does dark even have that?
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05-24-2014 , 12:54 AM
I have many very well known vouches and have been staked a few times. I have also quite a bit of winnings.

I have done this already on the Quebec forum which I know everyone and everyone knows me and trusts me. Have done probably thousands of deals online inlcuding staking, being staked, swaps, endless transfers and so on.

Also the coins would go on an exchange so a multi-sig account wouldn't change anything.

Guys that can vouch for me: Duhamel, Frenchdawg, McLaughlin, Kirbynator, Pass72 and pretty much every person from Quebec.
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05-24-2014 , 03:38 AM
If you have all these winnings, and your own btc, why do you want a 'stake' for this and giving up interest? Just roll yourself
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05-24-2014 , 08:04 AM
I thought it was very clear. I have X btc in certain coins but I don't want to invest more in this specific coin or anything at all for that matter. So I can offer this to someone who intends on investing long term in such a coin.
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05-24-2014 , 12:27 PM
sounds like a scam
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05-25-2014 , 05:52 AM
Quote:
Originally Posted by TomCollins
LOL @ Tokeweed, tried warning you.
lol. yeah. i still believe in the project as a protocol though. but i think the original vision that jed mccaleb had for it is gone.

i was lucky enough to be one of the first ones to see jed's thread at xrptalk, then noticed a small sell down. i was able to trade to btc pretty quickly thank god cos a massive one followed.

all that said, i will be back to get some cheap xrp if jed decides to sell his 9B xrp. anyway, trading is like a game.. like poker. i think we most of all are used to the swings.
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05-25-2014 , 05:55 AM
Quote:
Originally Posted by Bitcoin boom
it's a **** storm. you can also read most about it at xrptalk too. i feel sorry for the people like andrewSF, celtic and the rest who have invested time and money in starting their ripple based projects that give utility to the network. it's so sad.
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05-25-2014 , 09:16 AM
Quote:
Originally Posted by tokeweed
lol. yeah. i still believe in the project as a protocol though. but i think the original vision that jed mccaleb had for it is gone.

i was lucky enough to be one of the first ones to see jed's thread at xrptalk, then noticed a small sell down. i was able to trade to btc pretty quickly thank god cos a massive one followed.

all that said, i will be back to get some cheap xrp if jed decides to sell his 9B xrp. anyway, trading is like a game.. like poker. i think we most of all are used to the swings.
Yeah, it was reasonable as a protocol, as soon as they started selling xrp as some kind of actual currency to acquire value, that's when it was over. It was basically a pump and dump at that time. IIRC, Ripple was started before Bitcoin, and basically it saw it's success and popularity and started trying to do whatever they could to position itself as an alternative or compliment (xrp as a currency investment, showing up at conferences, etc...).
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05-29-2014 , 10:36 AM
Quote:
Originally Posted by theskillzdatklls
Bought some dark a while ago, that's been doing really well. That's definitely my favorite currency that's ever been developed so far. It has most of my favorite features all rolled up into one coin.
dark in turmoil
http://www.coindesk.com/darkcoin-pri...mergency-fork/
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05-29-2014 , 04:17 PM
Isn't dark basically Bitcoin with CoinJoin attached to it? Seems pretty worthless to me, but I'll admit I have not looked into it too deeply.
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05-30-2014 , 07:34 AM
How about an alt-coin targeted for poker community? Well one got released, here is the link to the software formum thread about it - PlusEVCoin - a crypto-currency for poker players

BTW Coinnext, how about adding it to your exchange?
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05-30-2014 , 08:43 AM
Quote:
Originally Posted by Bitcoin boom
Isn't dark basically Bitcoin with CoinJoin attached to it? Seems pretty worthless to me, but I'll admit I have not looked into it too deeply.
Worthless because it's possible with CoinJoin, or just not a useful feature?

This is a serious threat once tools to try to de-anonymize the Bitcoin blockchain become more popular. Privacy is a huge concern when anyone can know exactly how much Bitcoin you control. Not just governments, but criminals, businesses, etc...

But I think most people just simply don't view it as a threat or concern and will continue on.
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