[ANN] Link is live: http://blockchain-link.com
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[quote name=“zerodrama” post=“49987” timestamp=“1388936071”]
I am releasing Scamcoin. It will be the best.
[/quote]Kevlar can we get a donation link up for Scamcoin support on Link? It may be the cheapest alternative yet for publishing.
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Over a half a million FTC has been mined since Link went up on New Year’s Eve. Highlighting the differential from other coins in this period or the forecast for the future number is obviously difficult basis different hash rates and supply. But the common theme that keeps arising here is Link being coin-agnostic. And I get that being coin agnostic is the foundation of Link - it’s like the internet being pegged to one company otherwise . Some ideas are too big. And this is likely one of those ideas. And this is kudos to Kevlar.
But moving forward when more add-on’s and protocols arise from the thinkers of this forum I believe there could be less to gain with everything being agnostic and open source, etc. This might work if blockchain moves forward as a way of transacting ‘currency’ only but we know that’s not going to be the case. As pointed out with Kevlar’s innovation - this is about data. Too many coins and too many fiat elements apply to the value of every coin - we can’t get around this fluctuation of value. It will be the survival of the fittest. And the real money will be made by those with the coin that is ‘pegged’ to the most profound technology. USD didn’t become a world reserve by anything other then the technology and innovation behind it - the companies that changed the world. This goes for other world reserves. When you buy a certain currency you are placing a bet in the future of that country and the people behind that future. I care about my investment in FTC more so then any other coin because this is where I chose to place my ‘investment.’ Perhaps it’s not time yet to worry about my ‘investment’ as the developers enact their vision for the ‘eco-system.’ But when that vision is complete I think communities that were worried about the ‘future of currency’ will be surpassed by those that saw the opportunity to create proprietary technology pegged to their community. So that’s my plea to the developers of the forum. Peer-to-peer is/will be monetized, and technologies will be proprietary.
We’ll be susceptible to this in the meantime as we will always be crypto market-dependent otherwise: [url=http://www.benzinga.com/pressreleases/13/12/p4157087/feathercoin-ftc-emerges-as-arbitrage-powerhouse-within-cryptocommodity-]http://www.benzinga.com/pressreleases/13/12/p4157087/feathercoin-ftc-emerges-as-arbitrage-powerhouse-within-cryptocommodity-[/url]
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SHORT VERSION: CRYPTOCOIN IS NOT A PRODUCT. IT’S A WEAPON AGAINST MASSIVE ABUSES BY BANKS.
LONG VERSION:
[quote name=“Horizon” post=“50022” timestamp=“1388944018”]
Over a half a million FTC has been mined since Link went up on New Year’s Eve. Highlighting the differential from other coins in this period or the forecast for the future number is obviously difficult basis different hash rates and supply. But the common theme that keeps arising here is Link being coin-agnostic. And I get that being coin agnostic is the foundation of Link - it’s like the internet being pegged to one company otherwise . Some ideas are too big. And this is likely one of those ideas. And this is kudos to Kevlar.
[/quote]My God. Sanity.
[quote]
But moving forward when more add-on’s and protocols arise from the thinkers of this forum I believe there could be less to gain with everything being agnostic and open source, etc. This might work if blockchain moves forward as a way of transacting ‘currency’ only but we know that’s not going to be the case. As pointed out with Kevlar’s innovation - this is about data. Too many coins and too many fiat elements apply to the value of every coin - we can’t get around this fluctuation of value.
[/quote]When it refers to the safety of the coin, we’ll fix the coin, and others can study and fix theirs. When it’s not coin related, it goes out.
[quote]
It will be the survival of the fittest.
[/quote]It’s survival of the sturdiest yet adaptable. Fittest doesn’t mean anything.
[quote]
And the real money will be made by those with the coin that is ‘pegged’ to the most profound technology.
[/quote]The real money will be made when the coin you accept allows you to sell the work that you do. The more pegging, the more stagnant a coin is, even if its price goes higher. People stop using it except as a virtual IOU.
[quote]
USD didn’t become a world reserve by anything other then the technology and innovation behind it - the companies that changed the world.
[/quote]LOLOLOLOLOLOL.
USD is based on oil being pegged to it. And China bumping it up. Just like Bitcoin. Pegging is someone forcing their worldview on you. It’s bullshit and we are tired of it.
[quote]
This goes for other world reserves. When you buy a certain currency you are placing a bet in the future of that country and the people behind that future. I care about my investment in FTC more so then any other coin because this is where I chose to place my ‘investment.’ Perhaps it’s not time yet to worry about my ‘investment’ as the developers enact their vision for the ‘eco-system.’ But when that vision is complete I think communities that were worried about the ‘future of currency’ will be surpassed by those that saw the opportunity to create proprietary technology pegged to their community.
[/quote]The only thing I respect is your honesty here. You got in and you want that investment protected.
The rest is 2004 thinking. Time and effort barriers are no longer your friends. You go proprietary, you get run over by the first person to make it simpler and available. As it should be. We’re not building empires. We are taking them down, scavenging any of the material that’s not rotten, and burning the rest.
[quote]
So that’s my plea to the developers of the forum. Peer-to-peer is/will be monetized, and technologies will be proprietary.We’ll be susceptible to this in the meantime as we will always be crypto market-dependent otherwise: [url=http://www.benzinga.com/pressreleases/13/12/p4157087/feathercoin-ftc-emerges-as-arbitrage-powerhouse-within-cryptocommodity-]http://www.benzinga.com/pressreleases/13/12/p4157087/feathercoin-ftc-emerges-as-arbitrage-powerhouse-within-cryptocommodity-[/url]
[/quote]If you want proprietary, go make a coin only for game rewards. No one wants a coin they can’t use in ways they choose or which they HAVE TO use. People RESENT having to USE something they DID NOT CHOOSE.
You want proprietary, go make a proprietary game that accepts FTC.
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[quote name=“zerodrama” post=“50081” timestamp=“1388962659”]
SHORT VERSION: CRYPTOCOIN IS NOT A PRODUCT. IT’S A WEAPON AGAINST MASSIVE ABUSES BY BANKS.LONG VERSION:
[quote author=Horizon link=topic=6518.msg50022#msg50022 date=1388944018]
Over a half a million FTC has been mined since Link went up on New Year’s Eve. Highlighting the differential from other coins in this period or the forecast for the future number is obviously difficult basis different hash rates and supply. But the common theme that keeps arising here is Link being coin-agnostic. And I get that being coin agnostic is the foundation of Link - it’s like the internet being pegged to one company otherwise . Some ideas are too big. And this is likely one of those ideas. And this is kudos to Kevlar.
[/quote]My God. Sanity.
[quote]
But moving forward when more add-on’s and protocols arise from the thinkers of this forum I believe there could be less to gain with everything being agnostic and open source, etc. This might work if blockchain moves forward as a way of transacting ‘currency’ only but we know that’s not going to be the case. As pointed out with Kevlar’s innovation - this is about data. Too many coins and too many fiat elements apply to the value of every coin - we can’t get around this fluctuation of value.
[/quote]When it refers to the safety of the coin, we’ll fix the coin, and others can study and fix theirs. When it’s not coin related, it goes out.
[quote]
It will be the survival of the fittest.
[/quote]It’s survival of the sturdiest yet adaptable. Fittest doesn’t mean anything.
[quote]
And the real money will be made by those with the coin that is ‘pegged’ to the most profound technology.
[/quote]The real money will be made when the coin you accept allows you to sell the work that you do. The more pegging, the more stagnant a coin is, even if its price goes higher. People stop using it except as a virtual IOU.
[quote]
USD didn’t become a world reserve by anything other then the technology and innovation behind it - the companies that changed the world.
[/quote]LOLOLOLOLOLOL.
USD is based on oil being pegged to it. And China bumping it up. Just like Bitcoin. Pegging is someone forcing their worldview on you. It’s bullshit and we are tired of it.
[quote]
This goes for other world reserves. When you buy a certain currency you are placing a bet in the future of that country and the people behind that future. I care about my investment in FTC more so then any other coin because this is where I chose to place my ‘investment.’ Perhaps it’s not time yet to worry about my ‘investment’ as the developers enact their vision for the ‘eco-system.’ But when that vision is complete I think communities that were worried about the ‘future of currency’ will be surpassed by those that saw the opportunity to create proprietary technology pegged to their community.
[/quote]The only thing I respect is your honesty here. You got in and you want that investment protected.
The rest is 2004 thinking. Time and effort barriers are no longer your friends. You go proprietary, you get run over by the first person to make it simpler and available. As it should be. We’re not building empires. We are taking them down, scavenging any of the material that’s not rotten, and burning the rest.
[quote]
So that’s my plea to the developers of the forum. Peer-to-peer is/will be monetized, and technologies will be proprietary.We’ll be susceptible to this in the meantime as we will always be crypto market-dependent otherwise: [url=http://www.benzinga.com/pressreleases/13/12/p4157087/feathercoin-ftc-emerges-as-arbitrage-powerhouse-within-cryptocommodity-]http://www.benzinga.com/pressreleases/13/12/p4157087/feathercoin-ftc-emerges-as-arbitrage-powerhouse-within-cryptocommodity-[/url]
[/quote]If you want proprietary, go make a coin only for game rewards. No one wants a coin they can’t use in ways they choose or which they HAVE TO use. People RESENT having to USE something they DID NOT CHOOSE.
You want proprietary, go make a proprietary game that accepts FTC.
[/quote]I agree with the vast majority of what you are saying zerodrama. To qualify my post, I don’t ‘want’ anything - proprietary technology is simply the other side of the open source argument. What’s the point in ignoring it? Will there not be certain technologies tailored to either side??? As someone who isn’t talented enough to develop a protocol I leave that to you and like to simply engage in healthy debate.
Some things I disagree on: the dollar isn’t really pegged to oil. This isn’t the Gold Standard. I always was under the impression actually that USD and oil has an inverse relationship. The dollar isn’t a commodity currency like the CAD or AUD. But anyway just like you’re saying with Bitcoin being pegged to fiat - so with this in mind the only way crypto will truly be free - which is what I ‘hope’ for as well - the only way it’ll ever not be pegged to fiat - is if it IS a product in the [u]near term[/u]. A stand alone product that isn’t a ‘system’ of payment that banks are already mimicking but rather a technology so insurmountable you can’t live without it and you MUST adopt. It took the world reserves thousands of years as [u]currencies[/u] to be transacted, molded, manipulated, inflated, deflated, bought, sold, destroyed, consolidated, and digitized to be in a position to be challenged the way they are now. I honestly think we are decades away from cryptocurrency being truly free as a currency. If it’s going to overtake fiat it’s going be a damn slow process. But I think as a product/commodity that’s another story…
I think one of the real brilliant aspects of Link was it’s notion that FTC users have the ability to expire their own coins and deflate their coins and increase long term value. That concept was wild to me - it literally is like a reverse velocity of money. There isn’t a single coin in the world that is set up in this way to hone deflation as a tool for growth. During the Gold Standard years of the latter 19th century and early 20th century up to the 1930s the US saw chronic deflation. This was because it was pegged to Gold. There were no bubbles and it wasn’t regime managed. Substitute Gold for Link. That has all the signs of being ‘product’ pegged to me and given the fact we won’t be causing depressions any time soon with FTC, it also sounds like a healthy ecosystem for a damn strong coin. If you can have your cake and eat it too - be a part of a transparent, anonymous ecosystem and be holding the most valuable cryptocoin out there with no imitators and the ability to eventually operate it as currency in smaller equivalencies such as mFTC - is that wrong? Doesn’t have to be a mean, ugly empire. We both want to get to the same place, we disagree on the path. I’m at the mercy of your implementation.
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[quote name=“Horizon” post=“50022” timestamp=“1388944018”]
there could be less to gain with everything being agnostic and open source, etc.
[/quote]Define “less to gain” and who is it that’s supposed to gain?
From my point of view the fact that I can use Link without using fiat currency means, I win, you win, we all win … we’ve already won! What more do you want to “gain”?
[quote author=Horizon link=topic=6518.msg50022#msg50022 date=1388944018]
USD didn’t become a world reserve by anything other then the technology and innovation behind [b]WAR[/b]
[/quote]ftfy
;)
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Progress report:
The code for CoinAccount is written. Does it work? Probablly not, since I’ve not actually tried running it. I’m sure it’s full of subtle bugs that need ironing out.
But, at least in theory, it supports:
[list]
[*]Multiple currencies
[*]Pending and regular balances
[*]Incoming transactions
[*]Outgoing transactions
[*]Auditing
[/list]So, I didn’t get to Streaming API and Doge coin support, but the night is still young and progress is being made. The CoinAccount is going to make everything else soooo much easier, and I’m glad it’s finished. Hopefully you all can see the value in such a piece of technology, and will consider adopting it for your own crypto-currency projects which require accounting features.
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[quote name=“Horizon” post=“50129” timestamp=“1388977087”]
I think one of the real brilliant aspects of Link was it’s notion that FTC users have the ability to expire their own coins and deflate their coins and increase long term value. That concept was wild to me - it literally is like a reverse velocity of money. There isn’t a single coin in the world that is set up in this way to hone deflation as a tool for growth. During the Gold Standard years of the latter 19th century and early 20th century up to the 1930s the US saw chronic deflation. This was because it was pegged to Gold. There were no bubbles and it wasn’t regime managed. Substitute Gold for Link. That has all the signs of being ‘product’ pegged to me and given the fact we won’t be causing depressions any time soon with FTC, it also sounds like a healthy ecosystem for a damn strong coin. If you can have your cake and eat it too - be a part of a transparent, anonymous ecosystem and be holding the most valuable cryptocoin out there with no imitators and the ability to eventually operate it as currency in smaller equivalencies such as mFTC - is that wrong? Doesn’t have to be a mean, ugly empire. We both want to get to the same place, we disagree on the path. I’m at the mercy of your implementation.
[/quote]We disagree fundamentally. I value coin when I use it and others hold it. I am benefiting from my own work and holders get a residual benefit. You value coin when you hold it and others use it. You are benefiting from other’s work. The problem is that in your approach there is a whole quack science about making that residual benefit the central driver. It’s backwards and it harms people who want to get on with their lives.
I don’t want to help build a system that others HAVE to use. Freedom comes from not BEING FORCED to USE anything. If that means a new cryptocoin every week, I’ll figure out ways to make them meaningful without it being necessary to depend on any one of them.
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[quote name=“Tuck Fheman” post=“50135” timestamp=“1388980062”]
the fact that I can use Link without using fiat currency means, I win, you win, we all win … [b]we’ve already won! [/b]
[/quote]Awesome! What exactly have we won? ;D
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[quote name=“JohnsonX” post=“50143” timestamp=“1388981380”]
Awesome! What exactly have we won? ;D
[/quote]Freedom.
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[quote name=“JohnsonX” post=“50143” timestamp=“1388981380”]
[quote author=Tuck Fheman link=topic=6518.msg50135#msg50135 date=1388980062]
the fact that I can use Link without using fiat currency means, I win, you win, we all win … [b]we’ve already won! [/b]
[/quote]Awesome! What exactly have we won? ;D
[/quote]A unicorn.
You may have to battle dance it into submission.
[size=8pt]With glitter.[/size] -
[quote name=“Kevlar” post=“50137” timestamp=“1388980731”]
So, I didn’t get to Doge coin support
[/quote][img]http://www.reactiongifs.com/wp-content/uploads/2012/10/pleased.gif[/img]
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[quote name=“Tuck Fheman” post=“50144” timestamp=“1388981613”]
[quote author=JohnsonX link=topic=6518.msg50143#msg50143 date=1388981380]
Awesome! What exactly have we won? ;D
[/quote]
Freedom.
[/quote]Freedom = money. So we win money.
Awesome! We accept PayPal and crypto :P -
[quote name=“JohnsonX” post=“50148” timestamp=“1388982924”]
[quote author=Tuck Fheman link=topic=6518.msg50144#msg50144 date=1388981613]
[quote author=JohnsonX link=topic=6518.msg50143#msg50143 date=1388981380]
Awesome! What exactly have we won? ;D
[/quote]
Freedom.
[/quote]Freedom = money. So we win money.
Awesome! We accept PayPal and crypto :P
[/quote]Freedom = not need money. Lol.
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[quote name=“JohnsonX” post=“50148” timestamp=“1388982924”]
Freedom = money.
[/quote]For you perhaps. For Janis Joplin, “freedom’s just another word for nothin’ left to lose”. For me, freedom is the “money” and I’m not willing to trade my freedom for a fiat currency. I don’t like doing business with criminals, in fact, in my country doing business with criminals is illegal.
So fiat currency cannot be freedom, nor can it be “money” because it lacks the quality of being a store of value and every single fiat currency throughout history has ultimately hit zero (0). The only thing fiat currency stores is debt.
Cryptocurrency [i][b]freeze[/b][/i] each one of us from the criminal fiat currency system, allows you to give up your time (if you choose) for cryptocurrency (which will store the value of your time) and free’s you from the government controlling your “money”.
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The API is finished, both REST and Streaming. I’m in the middle of writing the documentation but I don’t know if I’ll finish tonight. It’s getting late.
But soon. Promise.
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[quote name=“Kevlar” post=“50154” timestamp=“1388988132”]
The API is finished, both REST and Streaming. I’m in the middle of writing the documentation but I don’t know if I’ll finish tonight. It’s getting late.But soon. Promise.
[/quote]Getting Late? it’s 06:02 am in the morning!! Get some well earned rest :)
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[quote name=“Kevlar” post=“50137” timestamp=“1388980731”]
Progress report:The code for CoinAccount is written. Does it work? Probablly not, since I’ve not actually tried running it. I’m sure it’s full of subtle bugs that need ironing out.
But, at least in theory, it supports:
[list]
[*]Multiple currencies
[*]Pending and regular balances
[*]Incoming transactions
[*]Outgoing transactions
[*]Auditing
[/list]So, I didn’t get to Streaming API and Doge coin support, but the night is still young and progress is being made. The CoinAccount is going to make everything else soooo much easier, and I’m glad it’s finished. Hopefully you all can see the value in such a piece of technology, and will consider adopting it for your own crypto-currency projects which require accounting features.
[/quote]Great job Kevlar
Thnaks for all your invested time! -
[quote name=“Kevlar” post=“50154” timestamp=“1388988132”]
The API is finished, both REST and Streaming. I’m in the middle of writing the documentation but I don’t know if I’ll finish tonight. It’s getting late.But soon. Promise.
[/quote]Awesomeface.jpeg
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[quote name=“Tuck Fheman” post=“50152” timestamp=“1388985086”]
[quote author=JohnsonX link=topic=6518.msg50148#msg50148 date=1388982924]
Freedom = money.
[/quote]For you perhaps. For Janis Joplin, “freedom’s just another word for nothin’ left to lose”. For me, freedom is the “money” and I’m not willing to trade my freedom for a fiat currency. I don’t like doing business with criminals, in fact, in my country doing business with criminals is illegal.
So fiat currency cannot be freedom, nor can it be “money” because it lacks the quality of being a store of value and every single fiat currency throughout history has ultimately hit zero (0). The only thing fiat currency stores is debt.
Cryptocurrency free’s each one of us from the criminal fiat currency system, allows you to give up your time (if you choose) for cryptocurrency (which will store the value of your time) and free’s you from the government controlling your “money”.
[/quote]free’s us? shouldn’t that be frees us? :D
Btw I don’t like banks and fiat either, that’s why I’m here after all.Now I think there’s too many off-topic discussions here, let’s move them elsewhere and keep this about Link only.
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[quote name=“JohnsonX” post=“50266” timestamp=“1389028397”]
free’s us? shouldn’t that be frees us? :D
[/quote][url=http://www.youtube.com/watch?v=f8fbrUjjivw#]Downfall of Grammar[/url]
