Posts made by corather

I think, or used to think dogecoin was ridiculous. I mean wth, this stupid joke coin, who would buy into that? Well, it all depends on what you do with it doesn’t it. Doge sponsers animal shelters, people like animal shelters so they vote with their dollars. It doesn’t matter if your coin starts out serious or as a joke. Just as with anything, it depends on what you represent with it that matters.

Thank you, I will be able to successfully avoid eating dinner tonight.

What makes you think the new Scrypt Asics won’t be able to handle a new algorithm?

I bet it’s already possible with exception to vertcoin and whatnot.

I don’t know, I support asic tech. It’s important to scale the technology in order to make it viable in my opinion.

I want to start a share sale of KnC’s Titan scrypt mining asic. I would like to offer shares based on FTC, and mine FTC with the machine. The time has come to embrace scrypt asics.

I have experience running a share based mining operation, but I would like to get a feel for how the community will embrace this for Feathercoin specifically, it will go a long way to solidifying network hash rate and boosting the currency’s security at the same time giving back to the community.

I will own a percentage in the unit as I have around 2500 FTC to put where my mouth is. I’d set up a buy on bitcoin talk, but you know what, it’s better if it’s done here where feathercoin calls home, for feathercoin, for the community. I won’t mine any switching pools, litecoin or anything like that. I think FTC can stand on it’s own.

What do think?

As for the specifics I will over sell the titans by 50% to account for crypto variance and hosting etc. All extra funds will go to more units, or to refunds depending on sales volume.

Very funny guys. :D

But all joking aside, there needs to be a real world app to take advantage of this tech.

[quote name=“kris_davison” post=“57985” timestamp=“1391898446”]
I was thinking about this at work (a large scale bakery foods goods retailer with over 1600 shops)

Essentially what we talk about needing is distributed data amongst all the shops containing products to sell prices and any promotions etc. And also we need all sales recorded and stored and essentially accessed from the centre for reporting etc.

I think using an internal private blockchain with link could be the answer. Every sale is a transaction in a block and we can decide what info each shop saves as not every shop would need every transaction but would likely need products and prices etc. So data distribution and collection is sorted as is backup and fail over. Its fricking genious this link stuff.
[/quote]

Yeah something like that.

So I was taking a shower and the realization for how useful LINK really is hit me like a ton of bricks. Dangerous when it happened too since I was in the shower, but isn’t that how the flux capacitor was invented? Okay okay all joking aside.

LINK, what can be placed there i thought. It’s the most amazing innovation since crypto currency itself. Well you store information in there right? Here’s a list of examples of the kind of information that can be stored:

Parts lists (everything from automobiles to Zamboni’s)
Computer specs and driver downloads
Repair manuals
Recipe books
newspaper and magazine archival
old world texts (scanned and cleaned)
genealogy
… the list goes on and on.

I just finished repairing a computer for my local auto garage. Their hard drive was going into failure so I cloned it. They had all kinds of the obvious software, parts lists and whatnot. Put this info in the block chain, all of it.

Just a thought.

Well I guess they can with Buttylicious now in the UK. There’s no good US fiat exchange for FTC at the moment, and if we never get a good one I’d be fine with that. I’d be fine with FTC taking over all of the EU and never touching us here in the states. Not being mean, just saying if it never reaches the US in such fashion but penetrates the UK it will have succeeded.

I’ll be bluntly honest. The marketplace decides what wins or fails. There’s not a lot going on volume wise with feathercoin which is both good and bad. People are holding, but not buying. There’s minimal transactions.

Feather is on a springboard right now, but it’s not ready to make the jump. The innovations going on within the community I feel are ahead of their time. If you want this token to get more useful find a niche market for it. The feathercoin marketplace is a good start and I use it to sell FTC merchandise. T-shirts, mugs, branded mouse pads, whatever gets in peoples faces. This coin is designed to be an every day currency and the ftc-marketplace should reflect those values. As ChrisJ would put it, can I buy a loaf of bread? Maybe. Get on board with supermarkets and maybe find a way to issue store vouchers/credits for some FTC and list them in the marketplace. That way they don’t have to invest in the technology en masse, one wallet can handle the requests. I think if anything should be added is a way to go straight to BTC (I would say fiat but that’s problematic), and from there you can link into coinbase and the UK equiv to fund the vouchers with fiat.

Just a thought.

https://bitcointalk.org/index.php?topic=409756.0

I’m in the states, but some day I will make the journey.

[quote name=“FTClover” post=“54946” timestamp=“1390660586”]
Simply because I don’t have it now, I won’t say where the bitcoins went but I will say I don’t have them anymore…
[/quote]

Beer and prostitutes.

Reserve 10 right here. :)

Lets get this ASIC ball rolling. I want to see FTC getting world wide recognition and data centres full of gridseed boards. :)

BUMP

GRIDSEED! GRIDSEED! GRIDSEED!

:) Go Lizhi! Go Lizhi! It’s your birthday. ;)

[quote name=“chrisj” post=“52944” timestamp=“1389970141”]
They won’t sell them on an exchange they will probably auctioned them off, maybe sell them to one of the dark pools.

Dumping them on an exchange will backfire badly and it will just make more rich geeks. [b]They’re not stupid.[/b]
[/quote]

You apparently aren’t very familiar with the US Government. :P

[quote name=“kris_davison” post=“52114” timestamp=“1389707121”]
Seems like a lot of the articles on there are from coindesk.com maybe from a feed?

such as [url=http://virtualmining.com/bitcoin-can-now-buy-you-breakfast-in-glasgow/]http://virtualmining.com/bitcoin-can-now-buy-you-breakfast-in-glasgow/[/url]

and [url=http://www.coindesk.com/bitcoin-can-now-buy-breakfast-glasgow/]http://www.coindesk.com/bitcoin-can-now-buy-breakfast-glasgow/[/url]
[/quote]

Could be. It doesn’t hurt though. Anything news related is important if it’s shared and not altered.

[url=http://virtualmining.com/]http://virtualmining.com/[/url]

I found this website on cryptostocks.com. It’s a no nonsense news website having everything to do with Bitcoin and at least a few of the alt-coins.

I did buy some of their shares that are listed in DVC however that’s not why I’m mentioning it here. I just happen to like their page. It’s clean and well designed and there’s articles there I wouldn’t have found anywhere else. Check them out. :)

[quote name=“mmyhre” post=“51635” timestamp=“1389547441”]
[quote]I am gonna go with option 1. If those asics do hit market your coins will increase in value greatly. Now is the time to mine or buy coins. I have 5 MH between 8 r9 280x’s i have a 9th one im not using if you wanna buy it?[/quote]

Why would coin value go up with asic mining ?

The production would go up, the costs would be lower and that could lead to lower prices also as the profit margin changes.
[/quote]

Infrastructure. The more hashing power a particular coin has, the better it’s chances for wide adoption. It’s all about the transaction processing. The stronger the network, the more attractive the technology becomes.

[quote name=“OriginalContents” post=“51529” timestamp=“1389506363”]
So im guessing this renders namecoin pretty much useless
[/quote]

There’s plenty of room for different plants in the forest. Each one provides a function.

It’s now live.

[url=http://overstock.com/bitcoin]http://overstock.com/bitcoin[/url]

I’ll be there next year. This year I’m still too broke.