Yes. We hear this each time. All that i can respond to this is: log chart, log chart, log chart [1]! By looking at a simple log chart one can notice a repetitive cycle. One may even notice that now is actually the best time to buy. Following the pattern, the next boom is only 2-6 weeks away. Who knows what could cause the next boom? Russia pump, Ukraine banking shutdown, E.C.B. Quantitative Easing, USD weakening ? ...
> They could've easily, easily taken on the Google/Facebook conglomerate.
Even better that any of these NSA-friendly conglomerates is the ChatSecure App:
"-UNBEATABLE PRIVACY: We keep your messages 100% private using state of the art Off-The-Record (OTR) encryption. Your conversations cannot be logged or intercepted by anyone.
I think one of the most overlooked aspects of Maidsafe's 'decentralized internet project' is:
"(...)application developers are called Builders and the network will reward use of these applications by paying the Builders in safecoin based on the application use by users of the system. This is possible since the application developer can insert their own network immutable wallet address in their application." [1]
This has huge implications for the future of application development and automatic 'crowdfunding'.
From an outsider's perspective the 'IPO' did indeed look like a planned pump on Mastercoin: People were buying up Mastercoin to take advantage of the btc-msc arbitrage. This drove the Mastercoin price up by ~100%. Meanwhile certain people could potentially have offloaded tonnes of msc purposely bought the week before (for half the price). This may not have been intentional. But either way some people lost big money when Maidsafe stopped accepting msc for their 'IPO' - thus causing the msc price to collapse.
"(...) the cryptographic-decentralization Zeitgeist makes it an exciting time to have and use names"
Yes. Very true. For anyone interested in the above statment i'd highly recommend checking out http://twister.net.co/ - a decentralized micro-blogging spin-off of bitcoin. Unbelievable innovation is happening!
Well you sure don't read the news. This is not about some old missle crisis from last century. This is about greed and expanding global putocratic control. Very similar to what's going on in Ukraine, Syria, and Libya.
So would the Strangecoin value be algorithmically controlled in any way to keep it at a constant 'fiat value' exchange rate? i.e. when the 'fait value' goes down, the % of Strangecoin confiscated during a transaction increases? (Fiat value tracked through distributed exchanges' data feeds).
I agree with your first answer. But not the second. Altcoins are an amazing testing ground that help cryptocurrency adoption, innovation, and expansion. This is especially true when "strange attractors" are added into "the mix".
I mean: how many people recently came to crypto through the 'ridiculous' Dogecoin idea? What of the recent national cryptocoin (Auracoin, Spaicoin...) wave? And what about Vertcoin, Namecoin, Devcoin? These were once all thought experiments with "strange attractors". They now exist, and are bringing a LOT of interest and experience to cryptocurrency.
I think the "Strangecoin transactions can be nonzero sum" idea is flawed. But did I understand correctly: Would this be a cryptocurrency with a money base that expands/disappears as the 'fait value' rate goes up and down?
That would be cool!
I agree with what Jacob says about Jitsi. It's great, but just isn't user-friendly enough.
I assume that all my convos and cam chats on Skype are recorded [1] - so i try to push my contacts to jitsi. But every time it's so hard to walk people through setting it up correctly.
Correct. But when the 'market' realizes how Quantative Easing is making them exponentially poorer I guess they might just switch to gold again - perhaps digital gold?.
Very well said. This, and the EU's encouraging the fascist overthrow of the democratically elected Ukrainian president has made me strongly opposed to the current form of European 'Union'.
This is great, but will only be of use when much more liquidity is bought to bitcoin. Right now, the Mt Gox and Newsweek debacles are the only things artificially pushing btc prices below their upwards paths. Why - is something that remains to be determined. Perhaps someone BIG needs to buy into bitcoin before the next rally ?
[1] https://blockchain.info/charts/market-cap?timespan=2year&sho...