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Messages - bitcool

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1
Technical Support / Re: BitSharesX 0.4.5 Wallet Crash Windows 7
« on: August 23, 2014, 01:12:57 am »
idk, I am having same problem syncing the last two days' data, stuck at block #275164 ... is the network under attack?

Please try 0.4.6, you may need to wipe your chain data, before that, backup your wallet.
0.4.6 works for me. thx

2
Technical Support / Re: BitSharesX 0.4.5 Wallet Crash Windows 7
« on: August 22, 2014, 11:34:03 pm »
idk, I am having same problem syncing the last two days' data, stuck at block #275164 ... is the network under attack?

3
Technical Support / Re: BitSharesX 0.4.5 Wallet Crash Windows 7
« on: August 22, 2014, 11:26:01 pm »
pinged it and it's online, but how come i'm still in p2p mode?

and i'm stuck at block 239,110.

The server is online but the port is not open anymore.

>>telnet 69.90.132.209 1375
>> Connecting To 69.90.132.209...Could not open connection to the host, on port 1375

4
BitShares AGS / Re: 100btsx bounty for help importing ags dontation
« on: August 21, 2014, 02:44:03 am »
Great, I found the import wallet function, and it worked well with the PTS wallet.

I used the block explorer and found the FROM address when I made AGS donation, I imported individual private keys, it showed X amount, I then imported the wallet containing these keys, it show Y amount, Y>>X. So it looks like I made some donation that I forgot :(

5
BitShares AGS / Re: 100btsx bounty for help importing ags dontation
« on: August 18, 2014, 11:07:54 pm »
I remember seeing a bounty here on scanning and importing all private keys in a wallet, any one can provide more info on that? thanks!

6
BitShares AGS / Re: 100btsx bounty for help importing ags dontation
« on: August 18, 2014, 10:54:32 pm »
Does this dump/import priv key method works on both BTC & PTS donated toward AGS?  i.e. btsx client will be able to check both types of private keys against the block chain?


7
General Discussion / Re: bitcoin security tax?
« on: March 22, 2014, 03:00:52 am »
Mining is a job that people can earn money by doing.   People get involved to earn money and you are buying their support
Since the currency is owned by all participants, no one is buying their support,  they mine, they own, they keep, they sell. Even if some miners eventually sell all the coins they mine, their contribution to the ecosystem is no less important than someone who just buy their coins from an exchange. 

People don't like 'handouts' and feel better if they 'work' to get their money. 
Yes, when people choose a crypto-currency system to participate on a voluntary basis, it's not all about logic -- human emotions play an important role. A currency design may be very logical and efficient, but if can't win the hearts from people, it can't succeed.

Sadly, few care if the work they do is necessary or productive. 
This is correct from utilitarian point of view, however, necessity and productivity may not be the most important factors. As long as the process is somewhat useful, engaging a large group of people is more important.

I tend to think that mining is the bridge connecting physical and virtual worlds:  CPUs, video cards, electricity power, USD, hardware/software skills, hours and hours of frustration and enjoyment, eventually all of these get converted into a few virtual coins; this subliminal yet important bonding process is what Ripple network will always lack.

8
General Discussion / Re: bitcoin security tax?
« on: March 21, 2014, 10:08:14 pm »
There are several benefits brought by mining, security is only one of them.

For Bitcoin, I'd say POW mining played a crucial role in its success, most bitcoiners I know are either directly or indirectly related to mining. ALL my friends who got interested in bitcoin started with mining. None of them are interested in Ripple, even though it's 0% dilution and most energy efficient.

The relationship between crypto coins and mining is much more complicated and profound than what's on the surface.





9
General Discussion / Re: Impressions Inside Bitcoin Conference Berlin
« on: February 16, 2014, 10:01:34 pm »
 +5% x20

10
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 16, 2014, 08:32:09 pm »
I mine a lot script coins but sold them all, this is because the most profitable coins at the time usually were not the one I'm interested in.  (I'm a very selective altcoin investor, and usually prefer buying vs mining when it comes to investing)

With the growing number of switching-pools such as middlecoin, miners/hashing power can be a force killing your coin, or render it unstable. Loyalty-via-mining has become a thing in the past. 

As a PTS holder, I got MMC when it launched, I imported my priv keys and glad to see quite a few coins there. I could have sold them all but I decided not to, partially because its affiliation w/ PTS. I didn't buy any MMC either, because I didn't see any special value proposition coming from this altcoin. Subconsciously I do wish it succeed because of the stake I own. 

IMO, the number of DACs under BTS is not as important as the quality/usefulness of them. We need some killer DAC apps, not YAACs (Yet-Another-Alt-Coin)   ;)


11
General Discussion / Re: NoirShares Launch in 8 hours, don't panic.
« on: February 16, 2014, 06:24:29 pm »
When a wolfpack work together hunting, each has different roles. Same is true within a crypto ecosystem.

it a wild world out there.

10% is what the pack offers, you should leave it if you don't feel love in the air ....

12
General Discussion / Re: Bitshares versus Counterparty?
« on: February 07, 2014, 01:44:21 am »
XCP guys seem to be rather hardcore. They're finally hiring someone for PR and decide to just pay it out of their own pocket rather than explicitly asking for community funding.

Among hundreds of altcoins , IMO, they definitely are among the most trustworthy and respectable. 

For a good team, financial incentive is only part of it; there are other invisible benefits, such as experience, reputation, community trust, personal satisfaction, enjoyment from success ... these are priceless.
 



13
If Ethereum turns out to be as powerful and successful as it has promised, it should be as open, free as:
       TCP/IP
       C/C++
       Linux
       Java
       Andriod
       ...

NOT like:
       Mac OS
       Windows
       Blackberry
       ...

The former group require academic neutrality and certain level of altruism while the latter group are profit-driven. Ethereum's IPO and funding model is clearly much closer to the 2nd group. Building a good platform and profit-seeking greed don't mix well. This is a cruel reality and a factor making me much less optimistic on this project.

 

14
General Discussion / Re: Why PTS are going down?
« on: January 19, 2014, 01:14:46 am »
It was assumed a bunch of investors just couldn't wait: 



Looks like they moved on, to greener places... 

15
General Discussion / Re: Is NXT legitimate?
« on: January 18, 2014, 09:35:07 pm »
Ultimately what matters is the value provided by his service.  Should be interesting to see how things play out next week as I expect a lot of people will be making announcements.
The success of a cryptocurrency is made up of two parts: "hardware" and "software".

The hardware part is its functions, value provided and underlying technology.

The software part is its community, culture and trust including perceived fairness.

NXT may be doing well/OK on the hardware side but poorly on the software side.

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