Worldcoin : not a good idea?

justabitoftime

" but I receive just an emotion based response."

I make decisions differently than you, it doesn’t mean either is right or wrong. I’ve made my living following a different model. Bushstar, UKMark, Wesphily… all were in the same meeting I attended. There was universal buy-in, I believe we’re making our best guess on the information we were given.

If not, it’s simply mental masturbation at this point. There’s plenty to do with FTC right now which has absolutely no link to partners. As someone that receives absolutely no salary from this venture, I’m investing in my own future. I make the best decisions I can with Feathercoin, we obviously have quite a few members with different points of view. I hope we continue to do the right thing here, it’s been an interesting experiment from day one.

I encourage everyone to do their own research.

jeremiel

[quote name=“justabitoftime” post=“19944” timestamp=“1373011334”]
Bushstar, UKMark, Wesphily… all were in the same meeting I attended. There was universal buy-in, I believe we’re making our best guess on the information we were given.
[/quote]
This is the best answer. All of you as a group believe in what was said. Now I wasn’t there and rightfully so since I’m just a smaller supporter and forum poster. I’m not betting the farm like you. Do know that I will always be a skeptic. This is nothing against you or even wdc. I’m a skeptic in general now days.
[quote author=justabitoftime link=topic=2530.msg19944#msg19944 date=1373011334]
If not, it’s simply mental masturbation at this point.
[/quote]
on a lighter note… I hear there is going to be a new alt-coin with a acronym of mmc. It will have 20 billions coins with coin blocks of 1 every 10 secs. ;D

[quote author=justabitoftime link=topic=2530.msg19944#msg19944 date=1373011334]
There’s plenty to do with FTC right now which has absolutely no link to partners. As someone that receives absolutely no salary from this venture, I’m investing in my own future. I make the best decisions I can with Feathercoin, we obviously have quite a few members with different points of view. I hope we continue to do the right thing here, it’s been an interesting experiment from day one.

I encourage everyone to do their own research.
[/quote]
No question of salary ever came up. I have actually defended you on that a few times… As for different points of view? We should have people with different points of view. Now, how people react to differences in opinion shows their character but having everyone of the same opinion can be detrimental for change/adaptability. Change happens through dissent. Dissent is generally just simple disagreements. Nothing more or less. However, psychologically people take it as more… It’s one of the reasons I like the feathercoin community.

justabitoftime

Yup, we’re mostly in agreement. Like i mentioned earlier, agreeing to disagree is perfectly fine… that’s exactly the purpose of these forums. Weekend is here, ready to step away from the glow.

xcezzz

[quote name=“wrapper0feather” post=“19854” timestamp=“1372977654”]
As a miner the association with other coins is thinning the pool of people who actually do the work and pay (bills) to support the currency. I can sort of understand bringing developers on board, from a developers point view.

But if they can’t even fix a simple error message in a timely manner, it is reducing the small, but hard earned credibility we have built up for Feathercoin.
[/quote]

While I am going to be lazy and not read any other posts besides this one…

People are already switching to ‘coin switchers’. Mining the most profitable coin at the time. Regardless of partnership or association…

So the ‘thinning the pool’ point is moot.

I do agree however with the fact that ALL litecoin clones had the ‘upgrade’ message and most haven’t bothered to fix… but then again I run a mac, and don’t bother updating much at all… so maybe just disregard the shit coming out of my mouth… fingers

jeremiel

[quote name=“xcezzz” post=“20007” timestamp=“1373034055”]
[quote author=wrapper0feather link=topic=2530.msg19854#msg19854 date=1372977654]
As a miner the association with other coins is thinning the pool of people who actually do the work and pay (bills) to support the currency. I can sort of understand bringing developers on board, from a developers point view.

But if they can’t even fix a simple error message in a timely manner, it is reducing the small, but hard earned credibility we have built up for Feathercoin.
[/quote]

While I am going to be lazy and not read any other posts besides this one…

People are already switching to ‘coin switchers’. Mining the most profitable coin at the time. Regardless of partnership or association…

So the ‘thinning the pool’ point is moot.

I do agree however with the fact that ALL litecoin clones had the ‘upgrade’ message and most haven’t bothered to fix… but then again I run a mac, and don’t bother updating much at all… so maybe just disregard the shit coming out of my mouth… fingers
[/quote]

Essentially, everything is a bit of clone of everything else. The catch is with time the clone or child of something has to distinguish itself. Right now there are dozens of altcoins that are slowly distinguishing themselves from litecoin and their others. Quick software corrections are a way that ftc does it. A good question is “how long is this leeway time before a coin is just considered a copy?” Does an alt-coin need a month to get it’s footing for base support? 3 to 6 months before trying other things? What’s ftc’s birthday and pxc’s birthday?

justabitoftime

[quote name=“jeremiel” post=“20020” timestamp=“1373035872”]
[quote author=xcezzz link=topic=2530.msg20007#msg20007 date=1373034055]
[quote author=wrapper0feather link=topic=2530.msg19854#msg19854 date=1372977654]
As a miner the association with other coins is thinning the pool of people who actually do the work and pay (bills) to support the currency. I can sort of understand bringing developers on board, from a developers point view.

But if they can’t even fix a simple error message in a timely manner, it is reducing the small, but hard earned credibility we have built up for Feathercoin.
[/quote]

While I am going to be lazy and not read any other posts besides this one…

People are already switching to ‘coin switchers’. Mining the most profitable coin at the time. Regardless of partnership or association…

So the ‘thinning the pool’ point is moot.

I do agree however with the fact that ALL litecoin clones had the ‘upgrade’ message and most haven’t bothered to fix… but then again I run a mac, and don’t bother updating much at all… so maybe just disregard the shit coming out of my mouth… fingers
[/quote]

Essentially, everything is a bit of clone of everything else. The catch is with time the clone or child of something has to distinguish itself. Right now there are dozens of altcoins that are slowly distinguishing themselves from litecoin and their others. Quick software corrections are a way that ftc does it. A good question is “how long is this leeway time before a coin is just considered a copy?” Does an alt-coin need a month to get it’s footing for base support? 3 to 6 months before trying other things? What’s ftc’s birthday and pxc’s birthday?
[/quote]

I’m with you 90% percent of the way. Here’s where I strongly disagree:

“Right now there are dozens of altcoins that are slowly distinguishing themselves from litecoin and their others”

Maybe in this really small specialized market, but not to anyone that’s not a complete crypto currency fan. I’m okay with that, without the proper resources to hand a coin to USD exchange, they’ll be spinning their wheels for quite some time.

“how long is this leeway time before a coin is just considered a copy?”

As many of you probably remember, this exact question was dominant with Linux in the mid 90s. Some coins will be destined to end up a specialize niche items. Great, it solves an issue. Others will fight for a larger general market share.

As for your other questions, I believe it’s only important between crypto fans. The rest of the world won’t care and will look toward a financial solution that safe, quick, highly available, easy to manage, superior customer support and offers some type of incentives. Ask your friends, “What would you use WU over moneygram”.

jeremiel

[quote name=“justabitoftime” post=“20023” timestamp=“1373036614”]
[quote author=jeremiel link=topic=2530.msg20020#msg20020 date=1373035872]
[quote author=xcezzz link=topic=2530.msg20007#msg20007 date=1373034055]
[quote author=wrapper0feather link=topic=2530.msg19854#msg19854 date=1372977654]
As a miner the association with other coins is thinning the pool of people who actually do the work and pay (bills) to support the currency. I can sort of understand bringing developers on board, from a developers point view.

But if they can’t even fix a simple error message in a timely manner, it is reducing the small, but hard earned credibility we have built up for Feathercoin.
[/quote]

While I am going to be lazy and not read any other posts besides this one…

People are already switching to ‘coin switchers’. Mining the most profitable coin at the time. Regardless of partnership or association…

So the ‘thinning the pool’ point is moot.

I do agree however with the fact that ALL litecoin clones had the ‘upgrade’ message and most haven’t bothered to fix… but then again I run a mac, and don’t bother updating much at all… so maybe just disregard the shit coming out of my mouth… fingers
[/quote]

Essentially, everything is a bit of clone of everything else. The catch is with time the clone or child of something has to distinguish itself. Right now there are dozens of altcoins that are slowly distinguishing themselves from litecoin and their others. Quick software corrections are a way that ftc does it. A good question is “how long is this leeway time before a coin is just considered a copy?” Does an alt-coin need a month to get it’s footing for base support? 3 to 6 months before trying other things? What’s ftc’s birthday and pxc’s birthday?
[/quote]

I’m with you 90% percent of the way. Here’s where I strongly disagree:

“Right now there are dozens of altcoins that are slowly distinguishing themselves from litecoin and their others”

Maybe in this really small specialized market, but not to anyone that’s not a complete crypto currency fan. I’m okay with that, without the proper resources to hand a coin to USD exchange, they’ll be spinning their wheels for quite some time.

“how long is this leeway time before a coin is just considered a copy?”

As many of you probably remember, this exact question was dominant with Linux in the mid 90s. Some coins will be destined to end up a specialize niche items. Great, it solves an issue. Others will fight for a larger general market share.

As for your other questions, I believe it’s only important between crypto fans. The rest of the world won’t care and will look toward a financial solution that safe, quick, highly available, easy to manage, superior customer support and offers some type of incentives. Ask your friends, “What would you use WU over moneygram”.
[/quote]

So let me get this straight? Everything I say on here has to deal with “mom and pop?” no other discussions matter? If you are on this forum you are technically a crypto currency fan. That is the purpose of these forums or is just marketing? Mom and pop are not going login to an internet forum to talk about their money.

My statement is a generalized statement to all cryptos. They are all distinguishing themselves slowly. This goes for our beloved ftc. This is not a bad thing but it is a truth. FTC has been out what 3 months? The work the guys have been doing is awesome but a start. With that said it’s still in the clone stage, litecoin’s baby. Zero and bush will definitely give it a separate identity from the others. The zerocoin idea could push it as separate. The possibility of jane scrypt could also do it. Each of these ideas take time to implement. Until these ideas go from concept to implementation they are just ideas not reality. Don’t sell me. I already bought and I’m allowed to kick the tires.

I have “hope” that ftc will be different from other cryptos. I know that it’s differences from litecoin update messages removed, checkpoints, quick devs, and a positive community. These are it’s current definable differences from other alts. Future items don’t count until implemented. A cryptocoin at it’s simplest is software.

How about luckycoin? nothing there… maybe somebody will adopt it again. Other names like fastcoin, bitgem, alphacoin, megacoin, anoncoin, argentum, etc … I don’t know any of these. Maybe a website with a client download that changes coin amount and block size from litecoin. In two months who knows(probably nothing but always the chance).

justabitoftime

[quote name=“jeremiel” post=“20060” timestamp=“1373043994”]
[quote author=justabitoftime link=topic=2530.msg20023#msg20023 date=1373036614]
[quote author=jeremiel link=topic=2530.msg20020#msg20020 date=1373035872]
[quote author=xcezzz link=topic=2530.msg20007#msg20007 date=1373034055]
[quote author=wrapper0feather link=topic=2530.msg19854#msg19854 date=1372977654]
As a miner the association with other coins is thinning the pool of people who actually do the work and pay (bills) to support the currency. I can sort of understand bringing developers on board, from a developers point view.