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Comment · 12 years ago
Comment · 12 years ago
Comment · 12 years ago
Comment · 12 years ago
Comment · 12 years ago
Correct. More info on this here: http://www.cryptocoinsnews.com/news/maidsafe-embroiled-safec...

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.

Comment · 12 years ago
Comment · 12 years ago
and here lies the problem...
Comment · 12 years ago
Comment · 12 years ago
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.
Comment · 12 years ago
So much is changing in the tech world. I hope that by dec 2015 we have incentivised mesh networks, thus making centralized telcos obsolete.
Comment · 12 years ago
More info please ...
Comment · 12 years ago
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).
Comment · 12 years ago
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.

Comment · 12 years ago
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!

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