/biz/ - Business & Finance

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Anonymous Sat Feb 22 01:47:32 2014 No.106183 [DELETED]

Ripple XRP thread and general Bitcoin/crypto-currency thoughts. If you want to crap on digital currency this is not the thread for you grandpa.

>Bitcoin - As soon as the Mt. Gox fiasco is over BTC will rebound. Any predictions to where?

>Litecoin - BTC's little bro

>Mintcoin - Already great growth this last week. Looking forward to where this coin is headed

>Doge - To the moon!

>PND - So long wolong!

>XRP - Second highest market cap. Mid to long term investment. Solid and least volatile

>Vertcoin - Anyone care to explain what this is?

>Ethereum - When is the release date for this?

Any other coins anyone has interest in? Looking for more pump/dump and long terms.

>>	Anonymous Sat Feb 22 01:51:31 2014 No.106217 >>106183 >crypto credits - "Soon"

Anonymous Sat Feb 22 01:56:01 2014 No.106273

>>106217
I was looking at thier FAQ - seems interesting. Something that piqued my interest was this:

>With a unique block reward system(FAIR), Credits uses fluctuating values from low to high that average how to typical halving numbers

What exactly does that mean in layman terms?

Anonymous Sat Feb 22 01:58:02 2014 No.106289

>>106183
>XRP, crypto created as a ponzi scheme with 100% pre-mine and large investors behind it

It is almost like you have never heard of cryptocurrency and you have no idea what drives the market.

Take you Shillingcoins somewhere else. We have real cryptos that can be mined and have a fair model of distribution to talk about. How much do you get paid per Ripple post?

Anonymous Sat Feb 22 02:03:32 2014 No.106323

>>106289
>>XRP, crypto created as a ponzi scheme with 100% pre-mine and large investors behind it
You have the pre-mine and large investors part right. But how is it a ponzi-scheme and most crypto-currency isn't? Also, I will admit I have a large share of XRP along with a bunch of other cryptos so I have a dog in the fight but why would you assume I am a paid shill lol? Are people that spam Dogecoins posts all day shills as well? Of course not. Your reasoning eludes me.

>>	Anonymous Sat Feb 22 02:09:32 2014 No.106359 >>106183 Mintcoin! Yea man I bought these at 3 satoshis and they hit 20 today. Bretty gud

>>	Anonymous Sat Feb 22 02:11:33 2014 No.106367 >>106359 Damn you! I didn't get in until 10. But well played sir.

>>	Anonymous Sat Feb 22 02:16:03 2014 No.106411 >>106289 Ripple is a math-based currency – not a cryptocurrency. You can’t say the coin was “pre-mined” if it was never intended to be mined. It’s a digital currency with a completely different model than bitcoin.

>>	Anonymous Sat Feb 22 02:17:02 2014 No.106418 >>106273 >coins are easy to mine >then it gets harder >then it gets easier >repeat

>>	Anonymous Sat Feb 22 02:18:02 2014 No.106427 >>106323 >Are people that spam Dogecoins posts all day shills as well? Of course not. You have a lot to learn....

>>	Anonymous Sat Feb 22 02:19:32 2014 No.106429 >>106418 I think I like this model. Makes it so the people that adopt it later aren't at such a disadvantage.

Anonymous Sat Feb 22 02:24:32 2014 No.106459

>>106427
I equate a shill to someone that is being paid specifically to render a favorable opinion towards something. Although the Dogecoin community is entirely bullish on Doge, I don't think it's because they are getting specifically paid money by the Doge developers, I think it is because they benefit as more people begin to use the coin and the value rises allowing to grow their investment

>>	Anonymous Sat Feb 22 02:26:02 2014 No.106471 File: 13 KB, 235x300, TERSSERACT.jpg [View same] [iqdb] [saucenao] [google] >>106183 I get the feeling that litecoin might be moving in an interesting direction soon. http://www.youtube.com/watch?v=PVhTDNlbsSc

>>	Anonymous Sat Feb 22 02:30:33 2014 No.106495 >>106471 I would love to see that. I started mining LTC right as the bitcoin craze was happening and BTC mining difficulty was skyrocketing. I also bought like 1000 when they were $2 each

Anonymous Sat Feb 22 02:32:32 2014 No.106517

>>106495
yeah i mean i think we've hurt it with our trolling but it really just needs some rebranding.

I mean the planting trees thing wasn't bad just not enough to win favour.

Lots of investors in the litecoin community, just needs a bit of rebranding perhaps?

>>	Anonymous Sat Feb 22 02:36:02 2014 No.106544 >>106517 Yea with re-branding it might break free of BTC shadow. Right now it seems to follow along the same charts that BTC does. With the right bump I would like to see it take on it's on growth

>>	Anonymous Sat Feb 22 02:38:02 2014 No.106556 >>106544 Yeah I think so too. Would be better if more of the investors understood the tech side of cryptos too.

>>	Anonymous Sat Feb 22 02:38:32 2014 No.106553 >Bitcoin - As soon as the Mt. Gox fiasco is over BTC will rebound. Any predictions to where? I am scared! Scared!

>>	Anonymous Sat Feb 22 02:39:02 2014 No.106563 >>106553 everyone is scared ;)

>>	Anonymous Sat Feb 22 02:39:32 2014 No.106562 >>106553 Nothing to be worried about. It is just one exchange. The other exchanges seem to be holding value fine

>>	Anonymous Sat Feb 22 02:41:32 2014 No.106573 So, do you guys think that LTC will ever catch up to BTC? Is it worth investing in?

>>	Anonymous Sat Feb 22 02:41:32 2014 No.106579 >>106573 It depends on which way mtgox flips the switch

>>	Anonymous Sat Feb 22 02:41:32 2014 No.106580 File: 1.23 MB, 285x212, 1389391423426.gif [View same] [iqdb] [saucenao] [google] you guys still talking about buttcoins? sheesh. i already sold all my buttcoins for millions. you dummies are slow

>>	Anonymous Sat Feb 22 02:44:32 2014 No.106593 >>106573 this >>106579 Mt.Gox is holding us all hostage

>>	Anonymous Sat Feb 22 02:45:32 2014 No.106599 >>106580 screenshot or it didnt happen

>>	Anonymous Sat Feb 22 02:48:32 2014 No.106616 >providing liquidity to scammers and money launderers >ever

>>	Anonymous Sat Feb 22 02:49:33 2014 No.106623 File: 56 KB, 640x561, 1390448417509.jpg [View same] [iqdb] [saucenao] [google] >>106599 thats just one of them! i have tons of those. tons son

>>	Anonymous Sat Feb 22 02:52:02 2014 No.106641 >>106616 >implying scammers and money launderers wont scam and launder money without cryptos thats like preventing someone from owning a car because they may drunk drive

>>	Anonymous Sat Feb 22 02:53:32 2014 No.106644 >>106183 >making a thread while being this clueless You can find the answers to all your altcoin questions on bitcointalk. 4chan is filled with cryptoscum who just add to the big bubble with their 0.1BTC.

>>	Anonymous Sat Feb 22 02:53:32 2014 No.106646 >>106641 no, its not like that at all

>>	Anonymous Sat Feb 22 02:54:02 2014 No.106656 What is the most liquid BTC exchange? Like, if I wanted to exchange BTC for USD for the current market price as quick as possible, which exchange would be best?

>>	Anonymous Sat Feb 22 02:57:05 2014 No.106678 >>106644 eh i dont like bitcointalk. why dont you go there since you love it so much. why dont you just marry it or something

>>	Anonymous Sat Feb 22 02:57:35 2014 No.106672 >>106495 r u a millionare?

>>	Anonymous Sat Feb 22 02:58:05 2014 No.106683 >>106656 Im curious about this as well

>>	Anonymous Sat Feb 22 02:59:35 2014 No.106687 >>106672 No. I wish. Only halfway there.

Anonymous Sat Feb 22 03:02:35 2014 No.106707

>>106678
It's just a basic forum. I'm just telling if you're actually putting money into altcoins then you should look there once in a while. It's the center of altcoins. If you looked there you'd probably see how oversaturated the market is and how common all the shitcoins like DOGe, PND are. It's just that some shitcoins happen to have a pumper behind them. All novelty coins are really worth absolutely nothing as they can never be taken seriously for the purposes they're meant for.

>>	Anonymous Sat Feb 22 03:03:35 2014 No.106712 >>106656 Probably BTC-e I have used a few and I prefer it over the other exchanges

>>	Anonymous Sat Feb 22 03:04:36 2014 No.106718 >>106656 >>106683 BTC-E. There really is no exchange that can compete with it right now.

>>	Anonymous Sat Feb 22 03:07:05 2014 No.106744 >>106707 I am actually interested in some of the shitcoins. They seem to have a good return when there is enough of a community behind them. Everyone considered Dogecoin a joke but now people are taking it seriously.

>>	Anonymous Sat Feb 22 03:08:05 2014 No.106748 >>106707 i was being facetious lol. but thanks for the info i will check it out

Anonymous Sat Feb 22 03:10:05 2014 No.106760

>>106744
Do you think any actual investor or company will consider it anything but a joke? Sure, you can make money off of these, I'm not arguing that. I'm just saying that you shouldn't expect any of the novelty shitcoins to survive the altcoin crash of 2014. Maybe DOGE will survive with a niche market as the icon of the altcoin bubble.

>>	Anonymous Sat Feb 22 03:14:35 2014 No.106779 >>106760 Speaking of which, I would like to hear your thoughts on which coins you think will survive long term?

>>	Anonymous Sat Feb 22 03:16:35 2014 No.106803 >>106779 Darkcoin Stablecoin voltcoin maybe mintcoin maybe dogecoin probably noblecoin looks interesting maybe one or two other shitcoins that i can't figure out yet. depends on who backs them really.

>>	Anonymous Sat Feb 22 03:21:35 2014 No.106833 >>106183 I am happy as a clam... I bought Mintcoin cheap and tripled up. Yeaaaaaah buddy

Anonymous Sat Feb 22 03:21:35 2014 No.106834

>>106779
I won't name any coins, but here's some criteria for a cryptocurrency to survive long-term:

Good active developer(s) who actually has a plan and does something to achieve it
Serious image. This is money we're talking about, not transferable jokes.

Not premined cashgrab garbage (or instamined. Watch out for scrypt nFactor. The dev probably instamined a bunch of them from start while everyone else was still tryin to synchronize to the thousands of blocks he was mining in minutes

Either way, all altcoins will probably go down. It's just that the shit ones will go down permanently, since the only reason anyone bought them was because of hype.

>>	Anonymous Sat Feb 22 03:22:35 2014 No.106838 >>106803 I see a lot of those on the marketcap website but never sure which ones are more promising.

>>	Anonymous Sat Feb 22 03:22:35 2014 No.106839 >>106834 Good god that's a badly organized post. Excuse me.

Anonymous Sat Feb 22 03:25:35 2014 No.106854

>>106838
https://bitcointalk.org/index.php?board=159.0

This is where all altcoins are usually announced and the development and community located.

I'm warning you, though. There's A LOT of shitcoins here. You just have to search through them. Gives you a nice image of just how unique DOGE and PAND are, when they're exactly the same and were announced exactly the same as any of the shitcoins there.

Anonymous Sat Feb 22 03:26:05 2014 No.106864

>>106834
I always see people bash pre-mined coins but I am not sure why... Is it because the crypto community as a whole mostly has mining rigs and they are threatened by a coin where they can't use them? I don't see any difference between developers keeping a certain amount of coins and leaving the rest to be mined (Satoshi Nakomoto) or developers that keep a certain amount of coins and then give the rest away without anyone needing to mine them. Am I missing something?

>>	Anonymous Sat Feb 22 03:28:36 2014 No.106867 shamelessly begging for mintcoins, I will take any amount: Ms5dDWhKsGBo1R3F43FzvXp3mNRGMqiTkZ thank you based /biz/antines

>>	Anonymous Sat Feb 22 03:28:36 2014 No.106871 >>106854 Oh I know how similar DOGE and PND are. The thing I like is that they have a big community on 4chan backing them.

>>	Anonymous Sat Feb 22 03:34:35 2014 No.106895 Realistically could I make any money starting with $100 USD buying/selling on BTC-e?

>>	Anonymous Sat Feb 22 03:35:05 2014 No.106903 >>106864 It's the fact that creating an altcoin is so easy that you shouldn't get immediately paid for creating one. It also shows that you're not personally very invested in the coin.

>>	Anonymous Sat Feb 22 03:36:05 2014 No.106905 >>106895 Absolutely. Just don't listen to the trollbox on the site though. They are all mostly full of shit.

>>	Anonymous Sat Feb 22 03:38:05 2014 No.106916 >>106895 Not with BTC-E coins. You need to focus on finding cheap and promising new altcoins if you want to get noticeable profit. Nevertheless it's good to have BTC-E as your main exchange. You can hold USD without having to send personal information.

>>	Anonymous Sat Feb 22 03:38:35 2014 No.106912 >>106903 I like coins with a tiny premine. like smartcoin. although i don't have much of those.

>>	Anonymous Sat Feb 22 03:43:35 2014 No.106937 >>106912 >7200 USD for paying someone 0.2BTC to make the coin and another 0.1BTC to create the logo >small

>>	Anonymous Sat Feb 22 03:43:35 2014 No.106940 File: 858 KB, 240x228, 1389045743963.gif [View same] [iqdb] [saucenao] [google] people still buy buttcoins? that was so 2013

>>	Anonymous Sat Feb 22 03:44:05 2014 No.106951 >>106940 take your trolling back to /b/. grownups are talking here

>>	Anonymous Sat Feb 22 03:51:35 2014 No.106979 >>106912 Smartcoin is #100 on the top 100 crypto-currency market caps. Was it ever worth more?

>>	Anonymous Sat Feb 22 03:53:05 2014 No.106991 XRP has the highest chance of long term stability out of all of those imo. Google doesn't throw money away

>>	Anonymous Sat Feb 22 03:54:05 2014 No.106996 http://ripplescam.org/

>>	Anonymous Sat Feb 22 03:54:35 2014 No.106995 >>106979 I kinda got lost on the markets. Like i was only getting 1/2 the picture you know? I'm trying to catch up but there is alot of shit i need to learn/unlearn right now. It's like learning to walk again.

>>	Anonymous Sat Feb 22 03:57:05 2014 No.107012 >>106996 >http://crypt.la/2014/01/22/unexposing-the-ripple-scam-rebutting-ripplescam-org/ debunked also, if you run a whois on the person who owns ripplescam.org they also own 3 other scam websites. pretty ironic

>>	Anonymous Sat Feb 22 03:59:35 2014 No.107016 >>106995 Yeah the market is saturated right now. Not necessarily in total volume but in the number of different coins out there. I think it's only going to get worse too.

>>	Praise the Sun !hGLnZ6jrGM Sat Feb 22 04:01:05 2014 No.107028 >>106183 >ripple just stop

>>	Anonymous Sat Feb 22 04:03:35 2014 No.107035 >>107028 Miss out on the 3000% return from last year? Don't worry. XRP will continue to rise.

>>	Anonymous Sat Feb 22 04:07:05 2014 No.107046 >>106996 This site is not accurate lol. I wonder what the goal behind attacking ripple is

>>	Anonymous Sat Feb 22 04:13:35 2014 No.107063 >>107046 The same as behind attacking any digital currency. It's a saturated market - if you want to increase your share, someone elses share has to decrease. And if someone else increases their share, odds are you are losing share.

Anonymous Sat Feb 22 04:24:05 2014 No.107113

>>107063
I never understood that. It seems like you would expend the same amount of effort trying to reach more people to adopt digital currency as you would bashing everyone elses coin. I don't think they realize that as much as it hurts that particular currency it hurts crypto-currency as a whole more. There has to be a what.. 10 billion dollar market cap right now for the total of every single crypto out there? That is less than 1% of total USD. Instead of fighting over slivers of pie shouldn't we be striving for a bigger market cap in total?

>>	Praise the Sun !hGLnZ6jrGM Sat Feb 22 04:24:36 2014 No.107112 >>107035 Trusting a currency created by mt gox founder... good luck with that mt gox currency faggot

>>	Anonymous Sat Feb 22 04:28:35 2014 No.107130 >>107113 >There has to be a what.. 10 billion dollar market cap right now for the total of every single crypto out there? Frankly, I don't think it's nearly that much. Most people simply aren't interested in them at all.

>>	Anonymous Sat Feb 22 04:30:05 2014 No.107138 >>107130 Bitcoin alone has a 7 billion market cap

>>	Anonymous Sat Feb 22 04:31:05 2014 No.107145 >>107112 McCaleb just started Ripple. It is actually now run by Larsen who was the founder and CEO of Prosper and E-Loan (2 very successful online businesses)

>>	Praise the Sun !hGLnZ6jrGM Sat Feb 22 04:36:05 2014 No.107161 >>107145 >McCaleb and he just started mt gox, I'm sure the guy goes around starting things out of goodwill for others to use. Smart conman are never caught at the scene of the crime they use other fall guys.

>>	Anonymous Sat Feb 22 04:41:35 2014 No.107184 >>107161 I'm not worried. Ripple doesn't have the same volatility or malleability issues that BTC had.

Anonymous Sat Feb 22 05:12:41 2014 No.107304
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>>106864
>give the rest away without anyone needing to mine them

This is the problem. How do they "give them away"? They don't. They sell the coins to people for a price that only they determine as the value of the coin. That is exactly how the Fed works. They print the dollar and they tell you what they think it is worth.

This is exactly the opposite of bitcoin. The biggest point of this experiment was to find out how a distributed resource could be securely sent through a decentralized network. This is about giving us a new way to think about the way ownership can work on a network without a central authority of trust. That is the whole reason it has been successful at all. Do you not understand this? This IS the entire point of crypto. We have had many forms of "electronic cash" before. Bitcoin and altcoins are not here to solve the problem of simply "electronic cash", but rather the problem of "how do you claim ownership to anything on the internet without being required to trust a 3rd party like Ebay or Paypal".

This invention goes far beyond the scope of currency alone. I get the impression that a lot of people are still just writing this whole thing off as a fad and not even thinking much of it. That is sad, as they will see their entire world change around them and be forced to look at the logo of their personal failure on every ATM and website for the rest of their life.

Anonymous Sat Feb 22 05:19:12 2014 No.107325
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>>106991
>Microsofts internet protocol is going to be the one to succeed, they don't throw money away
>HTTP, what a joke, bunch of stinky neckbeards wasting electricity programming on some archaic protocol
>Prodigy will smoke them all, chatrooms are the future and HTTP neckbeards will never figure that type of shit out

2 Years Later

>Oh man, I TOLD you HTTP was the shit!
>yeah, no licensing fees, no strings attached, total freedom
>Ch'yah brah, like, who would have ever though anybody would go with any on large company over another when WE can have control of the entire protocol, free for everybody to use and modify

Google's coin will surely have the flexibility to outrun Bitcoin in the most rapidly morphing and unpredictable industry that mankind has ever witnessed. Surely a huge congolomerate will be able to stomp out all the tiny ants biting at it's feet, or maybe not. OHHHHHHHHHHHHHHHHHH! BURN HEAL TIME@

Seriously though, there are some things that just have to be free and open and infinitely flexible with no single group controlling it, and protocols for the internet are one of them.

>>	Anonymous Sat Feb 22 05:22:12 2014 No.107329 File: 33 KB, 580x432, JUSTiNBEAVER.jpg [View same] [iqdb] [saucenao] [google] >>106991 see >>107325

>>	Anonymous Sat Feb 22 05:33:12 2014 No.107372 >>107304 >"how do you claim ownership to anything on the internet without being required to trust a 3rd party like Ebay or Paypal". And then we had to trust 3rd parties like mt.goy and bitstamp.

Anonymous Sat Feb 22 05:43:44 2014 No.107419
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>>107372
>bitcoin does require trust in a 3rd party institution
>you have to trust Gox or another bitcoin exchange

No, that is 100% false. You could buy coins directly from another human being face to face. You could get them at an ATM in about a minute. You could mine them yourself and never deal with anybody else at all to get them.

Just keep going on with your lies. As each person reads this they will put more trust in cryptocurrency as they realize how much it makes perfect sense in a completely networked world. That's how all of us get converted. At first you think it is all a joke and stupid, and then you read more comments from the skeptics. After a bit of reading, you realize the supporters are more accurate to reality in everything they say about bitcoin.

People like Peter Schiff love to pump and dump their gold for profit, and he actually said that a problem with bitcoin is that it is too divisible, where you can have a tiny fraction of a penny worth of bitcoin, and this little scrap of change is a downfall. Imagine never have to make change for any form of money ever again. Imagine going anywhere in the world and never having to pay exchange rates or worry about carrying different countries coins for different destinations.

If you don't understand what this means, it is okay. You will very soon.

>>	Anonymous Sat Feb 22 05:46:44 2014 No.107430 ripple is a scam. try something dogeful™.

Anonymous Sat Feb 22 05:48:14 2014 No.107438
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>>106183
>Vertcoin - Anyone care to explain what this is?
https://bitcointalk.org/index.php?topic=404364.0
Active and creative devs, who actually put soul and mind into creating something new instead of pumping and running. No bullshit advertising and obnoxious underage community. Actual markets. Friends with Dogecoin community. High Chinese interest which doesn't allow it to fall after last buying frenzy. In other words it's a quiet nerdcoin for now, with good potential.

Anonymous Sat Feb 22 05:51:14 2014 No.107449

>>107304
>How do they "give them away"? They don't.
Actually they do. They achieve this through "drips" and "faucets" which are websites that give away a certain amount at intervals which means that the bulk of XRP goes straight to people interested in using them. They also donated some to Artificial Intelligence research and World Community Grid which is a cancer research center. They have tons of giveaways all over the internet. Obviously the give the coins away in a controlled manner so that the value of XRP doesn't become volatile. So... no it is not the opposite of Bitcoin. It's just that BTC uses up electricity and resources and pre-mined coins do not.
>without being required to trust a 3rd party like Ebay or Paypal
Even with BTC you have to trust certain exchanges. The bitcoin community lauds BTC as revolutionary – as something that governments, banks and politicians can’t control. Then, at the same time, the community wants everyone in the world to use bitcoin. Unfortunately, you can’t have an international currency that doesn’t involve bankers, politicians and governments. Bitcoin will be regulated if it’s going to enjoy widespread usage. So will every other aspiring altcoin including ripple.

The notion that bitcoin is “untraceable” and “beyond the control of governments” is not realistic. If you really want bitcoin to succeed, you want the government to support and regulate bitcoin. It’s not going to be widely used if the government decides to attack it. The same’s true of ripple. Corporate-backing doesn’t change ripple’s usefulness, and I’d argue it’s going to help the network grow a lot faster than it would otherwise.

Anonymous Sat Feb 22 06:11:44 2014 No.107537

>>107449
>you can’t have an international currency that doesn’t involve bankers, politicians and governments

Look, in the case of government control of money, all we want to do is be able to send money or ownership of something over the internet without somebody in the middle taking a nice fat bite out of it. I can send an email to Africa in seconds no problem. But WHOA, HOLY SHIT, SENDING MONEY TO AFRICA!!!! WE NEED THE MIGHT OF THE US MILITARY AND WESTERN UNION TO BACK THAT SHIT UP!

Do you see how stupid that line of thinking is? We don't care if governments tax bitcoin purchases and exchange profits like they do with any other commodity. We welcome that. But to say that I can send an email and not send money for free and instantly, that is going way too far when then technology is here now.

As far as the faucets, I would bet the number they give away is amazingly small, like any faucet, and most of their stock is bought by foolish customers believing a rotten sales pitch.

>>	Anonymous Sat Feb 22 06:15:14 2014 No.107561 Thoughts on nyan?

>>	Anonymous Sat Feb 22 06:19:44 2014 No.107580 >>107561 Stillborn.

Anonymous Sat Feb 22 06:25:16 2014 No.107611

>>107537
Governments are controlled by the banking industry. It's that large elephant in the room that not too many people want to look at but it's the hard truth. Banking conglomerates create and define government policy. The US federal reserve itself is standing proof of that. Remember when the Obama administration let slip that major US banks are above the law and too big to prosecute?

>“I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy."

That came directly from the attorney general. The goal of Bitcoin was never to just be able to send money without fees, it was to create it's own digital currency that escapes being controlled and regulated by governments (and in turn major banks). There would be no other reason for Bernake to show support for Bitcoin unless he had plans to either adopt bitcoin for banks or for the US fed to push their own digital currency. You have very lofty goals sir and I applaud you for that but you also need a reality check.
>I would bet the number they give away is amazingly small
Wrong. They have given out billions of XRP already

>>	Anonymous Sat Feb 22 06:48:03 2014 No.107741 When is facebook's coin coming out?

Anonymous Sat Feb 22 07:04:03 2014 No.107816

>>107449
>Even with BTC you have to trust certain exchanges. The bitcoin community lauds BTC as revolutionary – as something that governments, banks and politicians can’t control. Then, at the same time, the community wants everyone in the world to use bitcoin. Unfortunately, you can’t have an international currency that doesn’t involve bankers, politicians and governments. Bitcoin will be regulated if it’s going to enjoy widespread usage. So will every other aspiring altcoin including ripple.
Way to quote bullshit directly from the shill's website.

>>	Anonymous Sat Feb 22 07:19:20 2014 No.107875 Qark FTW

Anonymous Sat Feb 22 07:20:20 2014 No.107881

guys, can someone pls explain how i can buy coins? I cant find a newbie freindly instruction...
lets say i have 50€ in my hand and I want to buy some Vertcoins, how do i proceed? step per step
i have already a vertcoin wallet and i mined some, I know that i have to buy some bitcoins first on an exchange site, but i dont know how

>>	Anonymous Sat Feb 22 07:35:50 2014 No.107936 >>107881 https://localbitcoins.com/ https://www.bitstamp.net/ https://www.vaultofsatoshi.com/ https://btc-e.com/

>>	Anonymous Sat Feb 22 07:40:20 2014 No.107957 >>107936 so this whole shit is based on trust? i have to trust somebody that he gives me his bitcoins if i give him my money?

>>	Anonymous Sat Feb 22 07:54:50 2014 No.108041 >>107957 Yes. Bitcoin is like gold, you either trust someone to give you it, or you mine for it youself, which requires thousands of dollars just to start.

>>	Anonymous Sat Feb 22 09:53:40 2014 No.108616 I just bought 1 million MINT. I hope I don't regret this.

>>	Anonymous Sat Feb 22 09:59:10 2014 No.108657 >>108616 You're already regretting it.

>>	Anonymous Sat Feb 22 10:22:10 2014 No.108810 I'm betting on XRP in the long-run to emerge as the #1 online payment system for e-commerce, replacing PayPal etc.

Anonymous Sat Feb 22 10:29:40 2014 No.108858

>>106183
XRP isnt even a real cryptocurrency

its not decentralized and it only gets its value from what the dev approved exchanges say, meaning that its market cap doesnt really place it in 2nd place the devs just make up a value to keep it in second place

if you are mining ripples you may be helping seti but you are getting fucked with a worthless "commodity" are there any big retailers that even accept ripples?

Anonymous Sat Feb 22 10:37:40 2014 No.108904

>>106411
>a completely different model than bitcoin.

Thank you for finally admitting that Rippoff is nothing like Bitcoin. Rippoff is centralized and has incredible flaws.

Also, math based, what? That's marketing department bullshit talk. Guess what, the fucking universe is math based asshat.

BTC is math based. All cryptos are math based but you're also right about Rippoff not being a crypto.

I know what it is and how it works so don't waste your time defending it, but if you are really just an innocent victim of propaganda you should drop Rippoff immediately.

Market cap? 1.5 Billion, ok, well, they are supposedly worth $0.0015 and there are 15 billion of them. So that's where the market cap comes from. I have no clue how much actual Fiat has been put into it but I seriously doubt 1.5 billion. I think they assigned that price to their own private currency and that's where that bullshit market cap comes from.

>>	Anonymous Sat Feb 22 10:39:10 2014 No.108917 >>106616 what is cash >inb4 he only uses credit cards traceable by NSA

>>	Anonymous Sat Feb 22 10:51:10 2014 No.108985 >>108616 me too, yesterday, so yea, no regrets

>>	Anonymous Sat Feb 22 10:52:10 2014 No.108995 Looks like either some people love gambling or gox is buying up all the coins from their customers now.

>>	Anonymous Sat Feb 22 10:57:10 2014 No.109021 Google is betting on Ripple. So am I. Put your money where your mouth is Shitcoin owners.

>>	Anonymous Sat Feb 22 11:28:20 2014 No.109245 >>106183 How do you cash out crypto? Does it go to paypal or what. Total newfag to crypto in general.

Anonymous Sat Feb 22 11:36:20 2014 No.109303

>>109245
>How do you cash out crypto?

You have to hope on the chance that your exchange is not run by criminals and has enough liquid assets to cover withdrawals.

Which means you are at the mercy on 3 major exchanges, one of which is currently failing and in the process of embezzling their client's holdings to pay for their operations.

>>	Anonymous Sat Feb 22 11:43:20 2014 No.109333 >>108616 >>108985 Bought about 1.6 mil mintcoins.

>>	Anonymous Sat Feb 22 11:48:51 2014 No.109375 >>109303 What happened to that site where you could find people in the area that would pay cash for BTC?

>>	Anonymous Sat Feb 22 11:54:50 2014 No.109421 >>108858 >>108904 shills shilling shills what a sad world this has become

>>	Anonymous Sat Feb 22 11:59:50 2014 No.109452 Mt. Goy back to $270. Reeks of desperation.

>>	Anonymous Sat Feb 22 12:00:20 2014 No.109461 >>109375 There's a few sites like that but only major urban centers have regular postings and the prices are criminally inflated compared to market rates. A pretty failed concept as of right now. Much like Buttcoin.

>>	Anonymous Sat Feb 22 12:02:20 2014 No.109475 >>109421 Don't mind the buttcoiners. Their assets are being evaporated at an increasing rate because Buttcoin is not used for anything but speculation and will not secure any major use in e-commerce.

Anonymous Sat Feb 22 12:02:20 2014 No.109476

>>108904
The market cap comes from wherever the market allows. If people are trading them at $.00015 USD apiece then that is what the market dictates. Just like people that own BTC, LTC, or any other altcoin have figured out at what price to trade them at. It is not the devs trading the coin, it is the early adopters. This is not rocket science folks.

Anonymous Sat Feb 22 12:11:39 2014 No.109522

>>108858

>XRP isnt even a real cryptocurrency

A significant improvement.

>its not decentralized

Exactly what I want in an actual currency, a degree of control that would prevent wild fluctuations.

The market cap is based on the 25% of coins released to the public, which are traded. It's not a fictional number.

Ripple is being primed as the E-currency which will emerge as the leading online remittance system in the world. But don't take my word for it. Google is intentionally quiet about XRP.

>>	Anonymous Sat Feb 22 12:13:38 2014 No.109533 >>106760 Dogecoin is, ridiculously, the only cryptocurrency that actually wants to be a currency rather than a speculative commodity. It's inflationary, so it will be of benefit to people other than early adopters desperate for unearned wealth.

Anonymous Sat Feb 22 13:04:55 2014 No.109883

I would like to invest in some ripplecoin, but it seems I first have to purcahse bitcoins and such, is somebody so kind to send me like 25 Ripplecoins so i can atleast activate my wallet? rJyiqBkQrc6HWUvkwNSqfPBhmvJUbefSwz

I would be very grateful and reward you with internet points

>>	Anonymous Sat Feb 22 13:10:25 2014 No.109922 >>109883 sent

>>	Anonymous Sat Feb 22 13:20:11 2014 No.110009 File: 85 KB, 1024x768, Backstreet_Boys_Aj.jpg [View same] [iqdb] [saucenao] [google] >>109922 Wow thank you very much! here take my internet points ;)

>>	Anonymous Sat Feb 22 13:28:12 2014 No.110073 >>109522 guess they were quiet about stablecoin for the same reasons

>>	Anonymous Sat Feb 22 14:28:44 2014 No.110557 I would like to plot the value of bitcoin during the last year, but considering various exchange sites (and plotting them individually). Where could I get this info?

Anonymous Sat Feb 22 16:24:52 2014 No.111681

>>109461
Actually you can buy coins on localbitcoins.com very easily and securely no matter where you are living. Most of the vendors on there have a great reputation, and all of the coins are put into escrow before the payment is processed. I just did a bank wire transfer to some bitcoiners account and he sent my coins throw the escrow. There was zero risk involved. If the coins never got there I could cancel the wire transfer.

The concept is proven and working 100% great at the moment, and there is a range of prices.

>criminally inflated

Like the US dollar? Yeah, we know you have no coins, Mr. Ripple.

>>	Anonymous Sat Feb 22 16:28:50 2014 No.111709 Is there anywhere I can buy into BTC through paypal?

>>	Anonymous Sat Feb 22 16:30:19 2014 No.111723 >>111709 virwox

>>	Anonymous Sat Feb 22 16:49:49 2014 No.111871 Keeping steady eyes on my Noblecoin, Darkcoin, and..... Troll coin!

>>	Anonymous Sat Feb 22 17:23:19 2014 No.112152 KLONDIKE COIN >Cheap (0.0004 BTC as of now) >~20 million in all to be mined

Anonymous Sat Feb 22 17:42:49 2014 No.112311

>>111681

And how much more do such Bitcoins cost? On average, they were overprices by $100...

That's a big spread..

Using Escrow defeats the purpose, the speed, the anonymity, low cost of using BTC in the first place.

There are already better digital remittance systems. BItcoin is going to fade away..

>>	Anonymous Sat Feb 22 19:29:58 2014 No.113386 >>110557 http://bitcoinity.org/markets/bitstamp/USD

>>	Anonymous Sat Feb 22 20:53:19 2014 No.114098 Your thoughts on PrimeCoin ?

Anonymous Sat Feb 22 21:02:49 2014 No.114200

>>112311
>There are already better digital remittance systems. BItcoin is going to fade away..

Show me a service that costs a few cents to send millions of dollars AND is protected by a mining network with 11Petahashes of distributed, zero-choke-point proofing power. Show me that and we'll talk about how will will "fade away".

>>	Anonymous Sat Feb 22 21:26:53 2014 No.114436 >>114098 I had high hopes for it about 3 months ago, community is stagnating hardcore and its not profitable to mine. Going with LTC BTC and vertcoin for now

Anonymous Sat Feb 22 21:30:53 2014 No.114481
File: 773 KB, 1440x810, wecredits.png [View same] [iqdb] [saucenao] [google]

>>106217
Waiting for servers to come in so we can launch with official pools.

>>106273
Don't worry it will be explained in technical and lay terms in the future bitcointalk thread.

Anonymous Sat Feb 22 21:32:53 2014 No.114501

>>106418
That FAQ needs to be updated a bit. In reality it's more like an early inflation period the result would be this. >>106429

The system ensures users actively mine and support the economy for longer than a couple weeks if they want to make it big.

>>	Anonymous Sat Feb 22 21:53:14 2014 No.114736 >>109883 >>109922 I'd appreciate getting in this too. rakX1rqNEFXpVupicrBANdku31Hwbvrp8E

>>	Anonymous Sat Feb 22 22:01:40 2014 No.114811 >>114736 >>109883 Stop begging cunts

>>	Anonymous Sat Feb 22 22:04:40 2014 No.114837 >>114811 Hey, I just wanted 25 to activate, but whatever I'll delete.

>>	Anonymous Sat Feb 22 22:07:10 2014 No.114874 File: 114 KB, 1328x201, Capture.png [View same] [iqdb] [saucenao] [google] >>114837

>>	Anonymous Sat Feb 22 22:43:10 2014 No.115209 So Mintcoins have been pumped getting ready to dump, right?

>>	Anonymous Sat Feb 22 22:46:10 2014 No.115233 anyone one got any suggestion what to invest in, i already enough dogecoin,and pnd coin..maybe buy more mint idk what to do but i want to sell some of my dogecoin to invest in others

>>	Anonymous Sat Feb 22 22:48:40 2014 No.115247 >>115209 Yes

Anonymous Sat Feb 22 22:58:11 2014 No.115336

>>106183
>>Litecoin - BTC's little bro
>implying
LTC is kill, dude.

>>XRP - Second highest market cap. Mid to long term investment. Solid and least volatile
Ripples are a scam m8, I hope for your sake you don't have more invested in them than you can afford to lose.

>>Vertcoin - Anyone care to explain what this is?
It was the first Adaptive-N scrypt coin. Adaptive-N is good because it limits the ability to make viable ASICs.

>>	Anonymous Sat Feb 22 23:02:10 2014 No.115375 I am a grandfather and have pooped out many a coin

Anonymous Sat Feb 22 23:05:10 2014 No.115399
File: 1.58 MB, 922x922, download (1).png [View same] [iqdb] [saucenao] [google]

I just doubled my investment in the last few hours.

Go and buy some TiPS before it's too late.

It's the first coin with anonymous transactions (coin mixer).

Oh yea, and fuck the haters.

>>	Anonymous Sat Feb 22 23:07:41 2014 No.115410 File: 214 KB, 400x399, frodo.png [View same] [iqdb] [saucenao] [google] god damn, this OP is either a shill or was just born...stupid

>>	Anonymous Sat Feb 22 23:09:40 2014 No.115427 >corporate bullshit /thread

>>	Anonymous Sat Feb 22 23:21:11 2014 No.115522 >>115336 >Adaptive-N is good because it limits the ability to make viable ASICs. yeah and limits your ability to not have a fried GPU

>>	Anonymous Sat Feb 22 23:28:10 2014 No.115574 File: 75 KB, 600x600, 1392868880924.jpg [View same] [iqdb] [saucenao] [google] >>115522 0/10

>>	PGvETYhTnWV9upPfCr7tGotiisN5VH(...) Sat Feb 22 23:28:10 2014 No.115575 File: 722 KB, 499x280, Pandatrain.gif [View same] [iqdb] [saucenao] [google] Get on PND while you still can

>>	Anonymous Sat Feb 22 23:31:03 2014 No.115592 File: 160 KB, 1680x920, faggotcoin.jpg [View same] [iqdb] [saucenao] [google] >>115575 its already dead

Interplanetary Arms Dealer Sat Feb 22 23:45:33 2014 No.115668
File: 30 KB, 634x346, dogechloe.jpg [View same] [iqdb] [saucenao] [google]

Hey guys, I'm not receiving any currency? My client is up to date, using doge and Quark. And I'm not getting anything from mining or the water bowl. Can anyone help me?

>>	Anonymous Sat Feb 22 23:49:33 2014 No.115698 >>115592 >>3rd day on exchange Sell walls have been removed. Cry later when I already told you so.

>>	Anonymous Sun Feb 23 00:01:32 2014 No.115800 >>115698 sold 500k for 5s and 150k for 7s its never going to be worth shit, its a dumpcoin

>>	Anonymous Sun Feb 23 00:02:02 2014 No.115807 >>115800 screencapped for future shitonyou.jpeg moon landing

>>	D769V4qme21riETxD Aw14zR1WvtCp(...) Sun Feb 23 00:04:03 2014 No.115825 Whats the future of mint? Mining for a few days. I will stop when i hit 1m.

>>	D769V4qme21riETxD Aw14zR1WvtCp(...) Sun Feb 23 00:06:32 2014 No.115832 >>115800 bought at 4satos, sold at 10 still 1m left.

>>	Anonymous Sun Feb 23 00:07:32 2014 No.115840 Is it literally impossible to get my doge coins back if I lose my passphrase? can I make a new wallet?

>>	Anonymous Sun Feb 23 00:11:32 2014 No.115861 >>115575 whats a good PND pool?

>>	Anonymous Sun Feb 23 00:20:03 2014 No.115928 I know absolutely nothing about cryptocurrencies other than a little bit about bitcoin. Can anyone offer some advice as to where to start to invest? As in how to purchase a wallet or mine for coins or anything?

Anonymous Sun Feb 23 00:49:51 2014 No.116185

>>115336
>>115427
Either people love Ripple and can see tremendous value in the protocol and its many uses or people hate it and speak vehemently against it on the forums. The ones that hate it always say the same thing "it's a scam ". Usually their basis for this assessment is that it has corporate backing or that the developers *gasp* actually want to profit from all the work they put in to it. They are wrong. XRP is no different from other altcoins in that respect.

>>	Anonymous Sun Feb 23 05:03:05 2014 No.117408 Should I invest in vertcoin Well hardly invest, buy like 100$ worth of vertcoin? It seems to have potential now that scrypt ASICs are coming out.

Anonymous Sun Feb 23 05:30:05 2014 No.117551

>>117408
that's what i'm thinking however vert is gonna be long term for sure. It's gonna be a while before scrypt coins go out of flavour. I'm thinking of investing about 100-200$ in vert a month, depending on how it grows. vert actually looks very promising and the devs are actually putting in something new into the coin unlike all the other alts (i'm not at all invested in vert atm just thinking about it)

>>	Anonymous Sun Feb 23 05:44:35 2014 No.117619 Anyone here bought a lot of mintcoins? looks to be a good investment. It has been steadily rising this week.

>>	Anonymous Sun Feb 23 05:45:05 2014 No.117622 >>108616 Bought from where?

>>	Anonymous Sun Feb 23 08:58:15 2014 No.118590 New to this whole thing and got a question: I want to deposit some Euro at btc-e to buy some bitcoins and it gives me four different options of payment: OKPAY, Perfect Money, Payeer and SEPA. Which one of them is safe and won't scam me off my money?

>>	Anonymous Sun Feb 23 09:01:45 2014 No.118607 >>118590 >I want to deposit some Euro at btc-e to buy some bitcoins >safe and won't scam me off my money

>>	Anonymous Sun Feb 23 09:02:45 2014 No.118611 >>118607 where else should I buy then?

>>	Anonymous Sun Feb 23 09:02:45 2014 No.118614 >>118590 >btc-e >won't scam

>>	Anonymous Sun Feb 23 09:03:15 2014 No.118618 >>118611 Nowhere. If you're using real money to buy BTC this late in the game, you've already lost.

>>	Anonymous Sun Feb 23 09:04:45 2014 No.118624 >>118618 I want to buy another altcoin, but for that, I need buttcoins first

>>	Anonymous Sun Feb 23 09:05:45 2014 No.118632 >>118611 Localbitcoins

>>	Anonymous Sun Feb 23 09:09:45 2014 No.118654 >>118632 looks alright thanks. but still, I need to deposit some money as well don't I? is okpay safe?

>>	Anonymous Sun Feb 23 09:11:15 2014 No.118665 >>118654 I've bought from them before without any issues. They tend to be above market value though (obviously)

Anonymous Sun Feb 23 09:21:15 2014 No.118709

>>106183
look xrp does not have a real second highest market cap
if i make a coin premine 100% of the 1 trillion coins and then say ill only sell for 100 satoshi that doesn't make my coin have the highest market cap. It make me and anyone who thinks that my coin is going anywhere an idiot.

>>	Anonymous Sun Feb 23 09:30:45 2014 No.118756 Everytime I try to withdraw monies from Gox I get the following "deposit" message: "Mizuho withdrawals are currently unavailable, please retry later or via another method" I know BTC withdrawals are halted but even cash money?

>>	Anonymous Sun Feb 23 09:38:15 2014 No.118801 >>118756 >expecting Gox to pay you "your" cash money Hahahahahaha

>>	Anonymous Sun Feb 23 09:52:15 2014 No.118887 >>118801 I understand how dodgy Mt Goy is but I was just wondering if anyone else had the same thing.

>>	Anonymous Sun Feb 23 09:53:15 2014 No.118906 >>118887 >not knowing that Gox has frozen all withdrawals for some time now and is just a money pit with no way out Ahahahahahahaha you are so fucking late to this party

Anonymous Sun Feb 23 13:50:41 2014 No.120539

>>118709
Actually it was the early adopters who started selling for 1 satsohi. It has risen in value to what it is now by trading. The market has dictated the cap, not the devs. The developers have sold no XRP as of yet. They have corporate backing so they don't need to. I have already seen a 3000% rise on my XRP since it has been released. Does that make me an idiot too?

>>	Anonymous Sun Feb 23 13:57:41 2014 No.120577 >>120539 >They have corporate backing Somehow I doubt the veracity of this statement

>>	Anonymous Sun Feb 23 14:20:42 2014 No.120723 >>120577 Google Ventures is one of them.

Anonymous Sun Feb 23 14:33:13 2014 No.120822

Someone explain me something about Mintcoins...

They can only be mined for 5 weeks, after that the people who hold them get interest.

How exactly do they get distributed? It smells like scam. The only way people can get Mintcoins after the first weeks is through buying them, and then the early miners will dump their loads.

The coin distribution is nonexistent, it's a pure pyramid scheme (I haven't said this about any other coin that I know so far). Am I missing something here?

>>	Anonymous Sun Feb 23 16:09:18 2014 No.121680 >>106912 I mined 300 smartcoins a few weeks ago. Gonna hold them for a while, since now I can't get even 0.1BTC for the nearly 2 weeks it took me to mine them.

>>	Anonymous Sun Feb 23 16:16:48 2014 No.121742 Not sure where to post this but where can i find a good guide to coin mining ? I want to start minng/trading but not sure how. I wanted by buy BTC about 4 years ago when hey were like 20$ or something and misses out because i didnt look into it properly

>>	Anonymous Sun Feb 23 16:28:18 2014 No.121838 >>114200 You do realize that most of BTC's hashing power is owned by huge conglomerates now, thanks to ASICs domination, right? Bitcoin is not distributed anymore, and it hasn't been for a long while already.

Anonymous Sun Feb 23 16:33:18 2014 No.121884

>tfw i wanted to go all in 2k usd on MINT when it was 4 satoshi
>tfw too much of a self-loathing goy to face losing my 2k usd live savings
>tfw I could have been propelled to rich NEET status making at least 10k usd.
>tfw I have been unable to sleep since then, and have gone into heavy depression since then thinking about sudoku

I can't take this anymore, /biz/. I did the same with DOGE at 40. Was thinking about buying, but never go through with it. My brain knows where the right money is but I never follow through.

Please help I already ordered helium exit tank.

Unless mint will skyrocket more? to like 150 sats?? is it possible? then i will go all in 2k usd now again and hope for the best.

Anonymous Sun Feb 23 16:34:48 2014 No.121903
File: 85 KB, 1280x720, 1381063763902.jpg [View same] [iqdb] [saucenao] [google]

Guyz, what to do with 400k TopCoins? I mined them during the /g/ pump, but didn't manage to sell in time, and now there are HUGE sellwalls that keep the price at 5 satoshi, so my 400k isn't worth shit...

>>	Anonymous Sun Feb 23 16:44:48 2014 No.121997 >>114481 this credits? http://cryptocredits.org/ >founder is brony right?

>>	Anonymous Sun Feb 23 16:45:18 2014 No.122000 5 Vertcoin for only 7 € on ebay and only 2 minutes left.

>>	Anonymous Sun Feb 23 23:23:25 2014 No.124883 Okay. Im pretty much in the dark on this topic. Not here to critize or judge. I would like to know what bitcoins are and what ggdr5 that is talked about alot. Wiki didnt really help.

>>	Anonymous Mon Feb 24 01:51:22 2014 No.125652 >>121884 Probably. Mintcoin has been on a good run and doesn't show any signs of stopping soon

>>	Anonymous Mon Feb 24 05:12:43 2014 No.126487 >>125652 Are my eyes deceiving me or is MINT really up to 57 satoshis?

>>	Anonymous Mon Feb 24 05:14:13 2014 No.126489 >>126487 No. They are deceiving you. MINT has fallen to 0 Satoshi's. Might as well give them all to me since they are worthless now.

>>	Anonymous Mon Feb 24 05:21:35 2014 No.126506 >>106951 Srs business always involves neets

>>	Anonymous Mon Feb 24 05:27:05 2014 No.126528 >>121884 >tfw I wanted to mine btc when it was first released but I was too worried about my parents power bill being massive

>>	Anonymous Mon Feb 24 05:30:35 2014 No.126538 >106k PND >14.5k DOGE >160 VERT >.5 BTC Should I hold the BTC or trade it for something else?

>>	Anonymous Mon Feb 24 05:33:35 2014 No.126545 How safe is it to leave my coins in Cryptsy? or should I pull them out straight away

Anonymous Mon Feb 24 05:34:05 2014 No.126552

>>126538
Really depends how much risk you want to take. The general consensus is that BTC will rebound but it will be a slow process. It would be riskier to break in an altcoin when it first hits the exchanges but i.m.o. there is much more potential for bigger returns on your investment

>>	Anonymous Mon Feb 24 05:38:05 2014 No.126566 >>126545 I would think they would be safer in an offline wallet

Anonymous Mon Feb 24 07:10:28 2014 No.126836

Hi. I'm a NEET but I have an excuse. I have every anxiety disorder on the list, pretty much. I get panic attacks from someone looking at me.

I want to make money off of a cryptocurrency but I'm in way over my head and don't know what to do. I don't have any money left after I pay bills and rent, and I can't...I don't know what to do.

Is there any sort of bitcoin scheme that's still able to be mined in anticipation for a huge bubble? Am I understanding that right? If I am, how do you know when the bubble's started? I'm so sorry, I just want to understand what this is and how I can make it work.

I'm sorry.

>>	Anonymous Mon Feb 24 14:17:39 2014 No.128937 >>126836 You should get out more.

>>	Anonymous Mon Feb 24 14:24:10 2014 No.128979 File: 125 KB, 450x457, im sorry.gif [View same] [iqdb] [saucenao] [google] >>126836 I am sorry I'm not famous anymore

>>	Anonymous Mon Feb 24 14:33:40 2014 No.129027 What's the long term prospective on Dogecoin? Will it ever be valuable?

>>	Anonymous Mon Feb 24 14:46:40 2014 No.129124 >>129027 No

>>	Anonymous Mon Feb 24 14:50:10 2014 No.129148 >>129027 Maybe>>129027 >>129027

>>	Anonymous Mon Feb 24 14:56:12 2014 No.129194 >>129027 Let me answer your question with another question: Is Doge ever going to stop being funny?

>>	Anonymous Mon Feb 24 15:08:40 2014 No.129295 wow sleep deprivation really throws me off my game. But I've started noticing a few interesting shitcoins coming around again.

>>	Anonymous Mon Feb 24 15:14:10 2014 No.129343 >>129194 It had already.

>>	Anonymous Mon Feb 24 15:21:10 2014 No.129402 >>106183 Guys, wolong pumping Topcoin. If you lost the /g/ train last month, now you can sell your mined top.

>>	Anonymous Mon Feb 24 15:29:40 2014 No.129482 >>129027 It will succeed. It will not be valuable.

>>	Anonymous Mon Feb 24 15:32:58 2014 No.129515 >>129402 All the top 40 coins are down today except TOP is up 120%. How much further do you think it will go up? Where is the dump point at?

>>	Anonymous Mon Feb 24 15:34:28 2014 No.129523 >>129515 Unsure. People on bitcointalk say 400 satoshi, but I highly doubt it. Maybe it can reach 100 satoshi, but I don't expect much higher. I'd be pretty satisfied selling at 100 satoshi, though, since that would be like 0.3BTC for me.

>>	Anonymous Mon Feb 24 15:36:28 2014 No.129542 The charts for the highest 8 crytocurrency on the coin market cap website all look incredibly similar. Do they all just mostly follow in BTC shadow?

>>	Anonymous Mon Feb 24 15:36:58 2014 No.129548 >>129523 Sounds good enough to me. I'm in.

>>	Anonymous Mon Feb 24 15:41:29 2014 No.129589 Mintcoin is a pyramid scheme, can only be mined 5 weeks, and then people get 20% yearly interest by holding their coins. They will sell their interest and never run out and new people are forced to buy in with no other way to get coins

>>	Anonymous Mon Feb 24 15:53:58 2014 No.129648 >>129589 So you cant't mine mintcoin at all after 5 weeks?

>>	Anonymous Mon Feb 24 16:07:58 2014 No.129749 >>129589 Get out now while you can! Pump and dump is over! Retreat!

>>	Anonymous Mon Feb 24 16:13:58 2014 No.129785 Ripple XRP is the cat's meow. The crypto community hates it because they can't manipulate it and drive the value up then unload onto someone, rinse and repeat. It's the most stable of all the altcoins and the best long term investment.

>>	Anonymous Mon Feb 24 16:16:58 2014 No.129804 >>129785 How can I get hold of XRP. Is it even on exchanges?

>>	Anonymous Mon Feb 24 16:20:58 2014 No.129824 >>129804 I know they do giveaways and I think you can mine through WCW

>>	Anonymous Mon Feb 24 16:41:28 2014 No.129981 >>129824 World Community Grid

>>	Anonymous Mon Feb 24 16:44:58 2014 No.130003 >>129824 I thought XRP was pre-mined though? You can mine it?

Anonymous Mon Feb 24 16:47:28 2014 No.130020

>>130003
Yeah you can still mine XRP, but it is more like "donating computing power to recieve free XRP". The computing power goes towards finding markers for cancer research. They give away like 1 million XRP a day spread over everyone who donates computing power

>>	Anonymous Mon Feb 24 17:51:21 2014 No.130424 >>121997 Yes, and no

>>	Anonymous Mon Feb 24 19:20:38 2014 No.130916 >>130003 It's not mining, exactly. XRP aren't mined, exactly. But they are basically using them to buy computing power for WCG, which is something I'd signed up for anyway, so that's nice.

>>	Anonymous Mon Feb 24 19:25:38 2014 No.130939 >>129785 >>129804 >aVnBuwdP Thank you so fucking much Moot

>>	Anonymous Mon Feb 24 19:33:38 2014 No.130979 What's up with PND? We done?

Anonymous Mon Feb 24 19:45:08 2014 No.131053
File: 20 KB, 704x129, 1393289137750.png [View same] [iqdb] [saucenao] [google]

http://www.coindesk.com/playboy-plus-accepting-bitcoin-payments/

This could be big. The people behind porn(X)hub, braz(X)zers, you(X)porn, mo(X)fos, some play(X)boy sites and all the sites you can see on the header at porn(X)hub.com have already begun accepting bitcoin on some sites and are probably planning to roll it out on more. Po(X)rn.com also accepts bitcoin.

>our system thinks your post is spam
Well fuck your system. Now I have to add filters to all the names

>>	Anonymous Mon Feb 24 19:47:38 2014 No.131064 File: 31 KB, 673x286, 1393289251152.png [View same] [iqdb] [saucenao] [google] >>131053 (related)

>>	Anonymous Mon Feb 24 19:51:08 2014 No.131090 Anyone here mine batcoins? Wallet won't sync

>>	Anonymous Mon Feb 24 19:55:08 2014 No.131110 File: 5 KB, 95x94, but.png [View same] [iqdb] [saucenao] [google] >>131090 Sorry I only do butcoins

>>	Anonymous Mon Feb 24 19:59:38 2014 No.131131 >>117622 https://www.mintpal.com/market/MINT/BTC

>>	Anonymous Mon Feb 24 20:08:08 2014 No.131184 >>106803 Darkcoin is looking Awesome. Mining BELI Coins atm. completely related.

>>	Anonymous Mon Feb 24 20:10:50 2014 No.131196 File: 363 KB, 1280x1024, 1225034160056.png [View same] [iqdb] [saucenao] [google] Anyone been using clevermining? It's pretty good. Mines altcoins, pays out in BTC. About 0.01200 BTC per day per MH/s.

>>	Anonymous Mon Feb 24 20:20:50 2014 No.131243 >>131196 It seems like a cool idea but I rather keep the coins in the original currency.

>>	Anonymous Mon Feb 24 20:27:35 2014 No.131285 I just picked up this new coin, I saw it in this thread >>131065

>>	Anonymous Mon Feb 24 20:29:35 2014 No.131300 >>115592 panda is kill So glad I didn't get on that pump and dump, bag holder coin.

>>	Anonymous Mon Feb 24 21:18:23 2014 No.131564 >>121838 >most hashing power owned by conglomerates >no source because fud

>>	Anonymous Mon Feb 24 21:26:53 2014 No.131615 What the hell should I be mining right now? Mintcoin is untenable.

>>	https://mega.co.nz/#!xZkyWRZB!MRmQLioprpbJ1EE0wa_Q94eSz4vDNYNlmYdFh2eEO8Y Anonymous Mon Feb 24 23:04:12 2014 No.132268 I made an Bitcoin software add-on, very securly.

>>	spoilerfag !!wcp5K7jucKS Mon Feb 24 23:10:12 2014 No.132303 Fucking gox, I lost 5% because of they retardness.

>>	Anonymous Mon Feb 24 23:11:12 2014 No.132312 >>132268 >lostboy.exe

>>	Anonymous Mon Feb 24 23:13:42 2014 No.132322 >>109476 I have a big bag full of packing peanuts and I sell one to some poor sap for $100 packing peanuts now have a $100 million market cap

>>	Anonymous Mon Feb 24 23:14:13 2014 No.132327 tfw .5 BTC and 6 LTC waiting to be immediately traded into credits tfw credits will never be released

Anonymous Mon Feb 24 23:32:42 2014 No.132431

>>132303
Don't feel too bad. You maybe lost a few grand. Some people have lost all of it, perhaps some accounts in the six figures. Everybody in the community knew this was happening. It was only newcoiners from outside that read a quick article on Forbes that cited Gox. Hopefully they learned who is to properly blame for the loss and get back into crypto before it explodes later this year.

>>	Anonymous Mon Feb 24 23:59:01 2014 No.132598 If I wanted to make quick cash, which cryptocurrency would I use?

>>	Anonymous Tue Feb 25 02:18:05 2014 No.133497 File: 24 KB, 350x350, 1390703605687.jpg [View same] [iqdb] [saucenao] [google] >>132598 RUR

>>	Anonymous Tue Feb 25 02:26:05 2014 No.133550 For fucks sake where on earth can I buy XRP I have literally thousands of dollars I want to invest

>>	Anonymous Tue Feb 25 02:31:35 2014 No.133585 >>133550 https://www.snapswap.us/#/welcome

Anonymous Tue Feb 25 02:43:35 2014 No.133657

>>129589
I love WATCHING alt coins, but they are all so speculative its hilarious

Satoshi pulled off a magic trick when bitcoin became money, do you not realize that is such a rare a mysterious thing and just tweaking some settings isn't going to make the magic happen again.

All alt-coin are doomed to fail, but many "alt-coins" actually add new dimensions to blockchain technology, so that space should be watched

everything is gambling, though it is possible for maybe one pure alt-coin to survive, why would you want to try and pick it? Horrible odds

>>	Anonymous Tue Feb 25 02:50:05 2014 No.133701 >>133657 >bitcoin became money when did that happen?

>>	Anonymous Tue Feb 25 02:52:35 2014 No.133712 File: 13 KB, 251x210, IMG_0506.jpg [View same] [iqdb] [saucenao] [google] >>133657 >why would you play a lottery that gives out free tickets? horrible odds

>>	Anonymous Tue Feb 25 02:56:05 2014 No.133738 >>133657 I think altcoins will become the stocks of the future. That you soon can buy Coca Cola Coins and shit. This won't ever go away, it is here to stay. Community and business coins will have enough (perceived) value to keep the trades going.

>>	Anonymous Tue Feb 25 03:07:35 2014 No.133775 File: 46 KB, 952x266, RIP.jpg [View same] [iqdb] [saucenao] [google] This is the best time to buy ripple you possibly could

>>	Anonymous Tue Feb 25 03:08:05 2014 No.133783 >>133712 >power costs >graphics cards costs

Anonymous Tue Feb 25 03:08:35 2014 No.133782

>>133738
see it depends on what you mean by alt-coins

if you mean applications of crypto to coins and stocks, then yes of course we are going to see an alt-coin boom

but as far as an alt-coin becoming money, (so I'm talking 90% of the coins that aspire to be some kind of money)

well don't hold your breath and don't underestimate what Bitcoin pulled off

nerds think just tweaking a coin and giving it all the right properties is going to somehow make a coin valuable, but you have to have a economy attached to the coin. All the alt-coin's use Bitcoin as the main economic engine, and I just don't see some little tweaks and deaks in the code creating tons of value but I see you guys making lots of money, I just don't have the balls because I don't see any fundamentals on the coins that purely think of themselves as money or some store of value

Interestingly Doge has almost a negative reaction to the words "store of value" and the community did manage to create a little economy

>>	Anonymous Tue Feb 25 03:09:05 2014 No.133795 >>133775 I don't even see where to buy it, but I guess I would nibble and keep reading, all I have read so far is that it is a scam, but I learned some new things today in this thread

>>	Anonymous Tue Feb 25 03:09:35 2014 No.133788 >>133775 looks like that happened mid November and never will again.

Anonymous Tue Feb 25 03:16:06 2014 No.133824

>>133788
The November spike wasn't supposed to happen. Someone from Ripple's research department had somehow leaked information and NBC caught on and mentioned Ripple on one of their prime-time shows "The Blacklist". It was absolutely not intentional considering Ripple is still in beta with more features to be added and "not ready for public consumption".

Anonymous Tue Feb 25 03:16:35 2014 No.133825

>>133795
See >>133585
Also, I wouldn't buy it if I were you, since WCG is giving it out in exchange for donating computing power to fighting cancer and such. Get it that way instead. Then, even if it does turn out to be a scam, at least you did some good.

>>	Anonymous Tue Feb 25 03:18:05 2014 No.133838 >>133825 This. They are giving it away. No need to buy any.

>>	Anonymous Tue Feb 25 03:21:26 2014 No.133847 >>133838 but i have a shit-cooled laptop, but i will look into it

>>	Anonymous Tue Feb 25 03:21:56 2014 No.133850 All of this reminds me of the comic book bubble. Why should anyone invest in a crypto currency when they're entirely unregulated with little to no protection against institutional fraud or theft?

>>	Anonymous Tue Feb 25 03:22:26 2014 No.133854 >>106183 What is THE BEST anonymous cryptocurrency anyway?

Anonymous Tue Feb 25 03:26:56 2014 No.133872

>>133850
This is why Ripple
Google is manipulating the market so people lose faith in decentralized currency
Ripple will announce something big in the next few months and then they will be acquired by Google because Google wants and is going to control literally everything in the world

Anonymous Tue Feb 25 03:31:56 2014 No.133889

>>133854
Obviously not bitcoin anymore. Ouch! Too many problems and issues with it. People are going to lose all faith in BTC especially now. One crash after another. People that own bitcoin are just in denial right now. If it wasnt clear before its clear now $1200 was the peak gentlemen

Anonymous Tue Feb 25 03:43:56 2014 No.133927

>>133872
I always thought that BTC was a Chinese invention to combat the US internet currencies and services like Paypal.

Then it would make sense that PND is CIA sponsored, to kill more China agent coins.

That Ripple is trying to scare us all back to $.

That the MtGox hack was the NSA or CIA stealing coin to use for black budget operations.

That the Chinese government stands to make a few billion dollars.

That buying into BTC means buying into Chinese COINtelpro ops.

>>	Anonymous Tue Feb 25 03:49:26 2014 No.133952 >>133927 Then why did the Chinese government make BTC exchanges illegal?

>>	Anonymous Tue Feb 25 03:55:26 2014 No.133987 >>133952 Because they are building their own, realizing that most exchanges are already US-owned? China state TV was hyping Bitcoin for months. What would have to happen to make them pull a 180?

>>	Anonymous Tue Feb 25 03:57:26 2014 No.134000 >>133987 I don't know, but they shut down the Chinese exchanges. Maybe somebody just didn't get a memo?

>>	Anonymous Tue Feb 25 05:22:46 2014 No.134373 >>133701 The moment drug dealers and assassins started accepting it.

>>	Anonymous Tue Feb 25 11:09:07 2014 No.136032 >>133825 Not enough. I need enough XRP to retire once it transitions from slumber mode to trillion dollar market cap

>>	Anonymous Tue Feb 25 11:14:37 2014 No.136066 >>133952 because they are scumbag communists

>>	Anonymous Tue Feb 25 12:31:58 2014 No.136582 >>120822 >>120822 I think the idea is to get some real world value assigned to them (they just announced a hotel accepting them as legal tender) so that they enter real circulation. Once that happens then the distribution will be immense.

>>	Anonymous Tue Feb 25 13:12:59 2014 No.136823 >>136066 >china >communist

>>	Anonymous Tue Feb 25 15:08:10 2014 No.137523 >>136582 Interesting

>>	Anonymous Tue Feb 25 16:26:18 2014 No.138145 Mintcoin seems to have weathered the storm pretty well. I wonder what happens in 15 days when mining stops? predictions?

Anonymous Tue Feb 25 22:20:37 2014 No.140438

>>138145
don't know, anything could happen, but I won't invest in a coin that wants to be money (other than bitcoin). As far as I am concerned that magic trick was a once in a lifetime event.

Ripple, Ethereum, Counterparty, they aren't trying to be money, they are trying to build an economy really. So I am looking into these

>>	Anonymous Tue Feb 25 22:40:07 2014 No.140557 Im new to buying cryptocurrencies and got some questions. >Should I buy cryptocurrencies >if yes, which ones? (thinking MintCoin) >How should I go about doing this? (Hoping I can buy with cash)

>>	Anonymous Tue Feb 25 22:55:37 2014 No.140637 >>140438 >>138145 just checking the mintpal recent transactions list, it looks like people are generally selling right now.

>>	Anonymous Tue Feb 25 23:02:07 2014 No.140684 >>140557 You have to buy btc first and covert it. Its pretty much the backbone for alt coins right now. Although the future is uncertain to say the least.

Anonymous Tue Feb 25 23:17:07 2014 No.140768

>>133952
I asked a Chinese friend about this. He said that in China, the outlook on stock trading (and now virtual currency exchanges) is different than it is in the Western world. If a lot of people lose their money trading, the government is expected to take care of it. The government thought that bitcoin was too risky an asset, so they basically told people that they were on their own if they lost money on it.

>>	Anonymous Tue Feb 25 23:32:50 2014 No.140849 What is the best altcoin to buy right now? Like, what is expected to have the largest growth, in say a few months

>>	Anonymous Tue Feb 25 23:34:50 2014 No.140859 >>140849 Doge.

>>	Anonymous Tue Feb 25 23:44:50 2014 No.140906 >>140849 Read this: http://www.dailydoge.org/2014/02/25/why-dogecoin-is-different/ It highlights at least one aspect of Doge which separates it from the rest. I think it's a fairly interesting point to consider.

>>	Anonymous Wed Feb 26 01:19:02 2014 No.141345 >>106183 Quark is great if you aren't looking to get rich next week. http://www.reddit.com/r/quarkcoin

Anonymous Wed Feb 26 02:01:51 2014 No.141503

>>140906
>"Dogecoin on the other hand actually brought new faces into the alt-coin world. Dogecoin didn’t just convince Litecoin, Namecoin, and Peercoin users to come over — it convinced many who were entirely unfamiliar with cryptocurrencies to begin with."

I agree with this and I think this should really be the focus of any altcoin. Instead of fighting over the same piece of pie (the crytpo market as it stand today) shouldn't our intent be to introduce it to new people? I feel like instead everyone bashes other altcoins and the crypto community as a whole suffers for it because it causes mistrust in the general public's eye.

Anonymous Wed Feb 26 02:41:55 2014 No.141620

>>108858
Mining ripples.... Wut.....

I'm fighting cancer fag i'm 10k ripples atm kill yourself

It's backed by google, so once it comes out MOOLAH$$$ Google will be look at ripple

Buy xrp better than pay pay and shit.

i'll be rich and you'll be

Oh anon i should have listened, all while you suck my dick for xrp

>>	Anonymous Wed Feb 26 16:13:52 2014 No.145240 >>108858 The devs don't set the value of XRP. The early adopters started to trade it and it has gone up since then.

>>	Anonymous Wed Feb 26 16:27:22 2014 No.145334 I just transferred the last of my BTC into 800k worth of Ripple XRP yesterday. Not a moment too soon either. Senators have just called for a ban on Bitcoin

>>	Anonymous Wed Feb 26 16:47:23 2014 No.145432 >>145334 Youre late lol. The value of XRP already went up a bit. You should have done it 2 days ago when BTC news was hitting

>>	Anonymous Wed Feb 26 16:49:52 2014 No.145448 >>145432 Yeah I know I was just waiting to see how things played out first. Crazy times for crytpo.

>>	Anonymous Wed Feb 26 16:54:52 2014 No.145477 >>145448 No kidding! Also... if you have that much gimme some hahaha... jk. Kinda.

>>	Anonymous Wed Feb 26 16:58:22 2014 No.145499 >>132327 First server is in. Compiling final wallets today. Waiting for 2 other servers.

>>	Anonymous Wed Feb 26 16:59:52 2014 No.145504 >>137523 It is exactly how you described it, that's why it's been being pumped hard.

>>	Anonymous Wed Feb 26 16:59:52 2014 No.145507 >>145499 Cool! Give us a heads up when it's ready.

>>	Anonymous Wed Feb 26 17:01:22 2014 No.145523 >>145507 Don't worry about that, 24 hours before launch I'll make sure everyone is aware.

>>	Anonymous Wed Feb 26 17:03:22 2014 No.145532 >>145504 I love mintcoin so much. I bought in at 3 satoshis and still sitting on it because I dont think its done going up yet

Anonymous Wed Feb 26 17:10:52 2014 No.145585
File: 51 KB, 250x250, 1392350325858.jpg [View same] [iqdb] [saucenao] [google]

http://finance.yahoo.com/news/trading-failure-stirs-ire-hope-021601006.html

check out the comments.

here's one of my favorites:
>Bit coins sound like the biggest scam I have ever heard of. Whoever invested in these things is stupid. Since when doesn't the government, or any government for that matter not control money? Do they even say this note is legal tender for all debts, public and private, like REAL money?

>>	Anonymous Wed Feb 26 17:35:41 2014 No.145773 Oh man oh man. Google are some smart bastards....

>>	Anonymous Wed Feb 26 18:12:04 2014 No.146011 >>145585 >85 >File: 1393452643078.jpg-(51 KB, 250x250, 1392350325858.jpg) Umm, that comment is correct actually..

>>	Anonymous Wed Feb 26 18:13:03 2014 No.146022 >>145773 How do you figure? You mean with XRP?

>>	Anonymous Wed Feb 26 20:13:02 2014 No.146612 What's the fastest/best way to get XRP?

>>	Anonymous Wed Feb 26 20:32:35 2014 No.146686 >>146612 World Community Grid. They give away XRP if you donate computing power to cancer research

>>	Anonymous Wed Feb 26 21:59:08 2014 No.147144 >>146686 Thank you sir! Any way to buy them? I dont have that great of a graphics card.

Anonymous Wed Feb 26 22:06:10 2014 No.147188

>>147144
I wouldn't buy any just yet. Go on the XRPtalk forums and ask if anyone can provide the initial funding for your wallet. I think it is like 30 XRP but they are pretty cool in donating that to you. Check it out. Check out the protocol. Then, if you see value in it go from there. Hope that helps!

>>	Anonymous Wed Feb 26 22:50:06 2014 No.147385 I hate Google. I use other search engines just because fuck them. Why would I want any of their stupid coins?

>>	Anonymous Wed Feb 26 22:53:06 2014 No.147397 >>147385 You probably hate Microsoft too. Wow such anarchy! So edgy!

Anonymous Wed Feb 26 22:56:09 2014 No.147417

>>146686
This is actually a pretty cool idea. I always thought mining to solve some algorithm that had no other use was kind of a waste of resources. The fact that the computing power can go to mapping cancer markers to fight cancer makes a lot more sense.

>>	Anonymous Wed Feb 26 23:07:51 2014 No.147457 Got 5000 ripple xrp... awww yea buddy lets get it get it!!! 11!!

>>	Anonymous Thu Feb 27 01:15:36 2014 No.148084 File: 500 KB, 245x309, 1391380013187.gif [View same] [iqdb] [saucenao] [google] >>147385 Then don't. If you hate Google you don't have to use XRP bud.

Anonymous Thu Feb 27 02:14:09 2014 No.148334

>>145240
>XRP. The early adopters started to trade it and it has gone up since then.

Absolute proof that XRP is a no mining scam can be found in about three seconds, like this: http://coinmarketcap.com/xrp_180.html

It looks very unstable and on a downtrend.

>>	Anonymous Thu Feb 27 02:28:14 2014 No.148386 File: 903 KB, 300x200, 1387939663381.gif [View same] [iqdb] [saucenao] [google] >>148334 That it fluctuates at small amounts before every being marketed or "officially released" proves its a scam? You silly. I like you.

>>	Anonymous Thu Feb 27 02:29:14 2014 No.148391 >>134000 They did not shut down the chinese exchanges at all. All of them are still operating normally, they just have to go through banks in Hong Kong, which was not a very hard transition. source: http://www.wired.com/wiredenterprise/2014/01/huobi/

>>	Anonymous Thu Feb 27 02:29:14 2014 No.148396 >>148386 *even

>>	Anonymous Thu Feb 27 02:42:17 2014 No.148429 >>148334 Ohmahgerd! It fluctuated from being worth .005 to .014 while its in beta! Thats insane volatility!!!! [Sarcasm off] You're such a terrible shill lol

SAGE SAGE Thu Feb 27 06:31:30 2014 No.148999

>>106183
What a joke. As if Bitcoin is finished and officially in final form now, and yet this ShillCoin is somehow so much less final and therefore is exempt from equal criticism. I also love how you mention that they have not spent money on advertising yet. How much money does bitcoin spend on ads?

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