Bitcoin Alt-coin: GaltCoin

Posted by sender47 11 years, 3 months ago to Technology
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I suppose that as for now, bitcoin has proven to be defeating all probabilities, government persecution (China at the end of last year) and starting to get mainstream, overstock.com accepting them, regulatory agencies starting to treat markets as currency traders that have to be registered (france)...

Not gonna say that is being accepted by everyone, and there is a pretty strong opposition from government specially (http://www.forbes.com/sites/kashmirhill/...), but the fact of being growing is unavoidable.

Apart of knowing the Gulch thoughts now that bitcoin has been gaining strength, what are your thoughts about other cryptocurrencies, Litecoin, Dogecoin (a prodigy of marketing if you ask me). By the way, very recently was launched a Galtcoin, still very new, not in any exchange yet. XD.


PS: Wish us luck (Venezuelans) the next days weeks an months could be pretty moved and dangerous, strong food shortage, violence (for 3 days since Wednesday a armed gang took a small city Ocumare del Tuy :/, things each day are worse)


All Comments

  • Posted by JEbrom 11 years ago
    I'm curious, what is with the Bitcoin? I don't think I'm going to jump on that band wagon any time soon... Galts Gulch approved or not, I am not feeling very good about it.
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  • Posted by LetsShrug 11 years, 3 months ago in reply to this comment.
    I have the pamphlet somewhere that shows the likelihood of having a bad reaction. I want to say it's like 20% but I don't have it handy..I searched the internet about it after I could finally get out of bed. Three days in bed with several joint pain, I could barely move and wished for death.. and like I said.. It doesn't like women whether your pregnant or not. (The pamphlet mentions not getting the pertussis one if you're pregnant so they know the stats on that...ugh). PM me if you want to talk more. I'm interested in what your wife went through. I can't believe the Dr. didn't know of this!
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  • Posted by smithw 11 years, 3 months ago in reply to this comment.
    My wife recently had a bad reaction to a tetanus shot. Went to emg room and the doc was dismissive. said reaction wasn't related to shot but did mention tetanus shots are a mix for several different things. we never knew that and now I'm distrustful
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  • Posted by 11 years, 3 months ago in reply to this comment.
    Oh, is an Alt-coin based in what is called scrypt algorithm (bitcoin algorithm is SHA256), there are many altocoins and places where they are traded with bitcoins like Cryptsy.com, their strength depends on how many coins will be in total, and the promotion and usage of it. There is Dogecoin, started like a joke/meme of a shiba dog, but their community started promoting donations with the coin to dog shelters, and then it acquired a lot of value.

    The post was about asking your opinions of bitcoin now that has survived and grow. Gaining approval and refusal (see the link to Forbes in the post) Also the altcoins, and between them the Galtcoin. But I think mentioning what is happening here in Venezuela, made it take a strange, although interesting turn XD.

    So I decided to make a post about what is happening in Venezuela. Tomorrow will be in these concentrations, specifically the one in Chacaito (Caracas); I have a friend near there in any situation. Can’t know if much people will go, the fear to this armed gangs on motorbikes, specially the most organized and with influences and contacts with the actual government called “Colectivos"... Is a fight between hunger, desperation, poverty, violence, and fear.

    Most of my friends are long gone from Venezuela, one is going to Spain in this days. So I really don't know what to expect :/.

    Thanks for your concern :D
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  • Posted by khalling 11 years, 3 months ago in reply to this comment.
    apparently, when they make the cocktail it is based on old virus. by the time it is concocted and sent out-it's obsolete. new virus is in town. also, some can get sick on the shot. anyway-do what makes you feel safe-jus sayin a doc says it's not helpin you
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  • Posted by Non_mooching_artist 11 years, 3 months ago in reply to this comment.
    Wow, that's not good. I'm glad we have that in our constitution. Unfortunately that right gets attacked, and from within. What you are experiencing there is what we fight against up here. The citizens mostly know that an unarmed civilian population is just unchained serfs.
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  • Posted by $ winterwind 11 years, 3 months ago in reply to this comment.
    If I live forever, I will be working on getting people to stop using Duct Tape and start using gaff tape [theatre electrician's tape]. It comes in different widths, it's fabric so that it tears easily, IT DOESN'T LEAVE RESIDUE BEHIND, it will stick to itself and then be separated easily. It is paintable, and I have successfully used it to tape a broken wrist as a rally. You can use it to repair clothing, leather items, plastics - I think it may hold the universe together. It is only available at theatrical supply stores, but you can usually get it by mail.
    HOWEVER your essential point is right on. Get good strong tape. More than you think you'll need.
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  • Posted by LetsShrug 11 years, 3 months ago in reply to this comment.
    Tetanus yes, but not the shot brewed with the pertussis vaccine. That thing almost killed me...and it causes miscarriages. It does not like females.
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  • Posted by UncommonSense 11 years, 3 months ago in reply to this comment.
    Tailoring is key. You have any idea how difficult it is to pack a PS3 w/games & controllers?

    Seriously though, be sure not to over pack the bag. Especially if you believe you'll be wearing the thing on extended hikes. Ideally, backpack weight shouldn't exceed 15% of a person's weight.
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  • Posted by khalling 11 years, 3 months ago in reply to this comment.
    my sis in law would add- yes on the super glue. no on flu shot. yes on tetanus shot. when have you last had one of those? she says-get one stat.-oh should add she's a doctor and phd micro biology
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  • Posted by Non_mooching_artist 11 years, 3 months ago in reply to this comment.
    We also have a pack that is emergency medical specific. Only first aid supplies, incl iodine, water purification, bandages etc.
    Really great suggestions, Sus
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  • Posted by 11 years, 3 months ago
    Will start posting about the situation... should open a new post. will redact an abstract of the Venezuelan situation up to now, and post it. will try to have it by tomorrow :D

    Thanks for your support
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  • Posted by 11 years, 3 months ago
    Bout Ocumare del Tuy, the gang has retired... after assaulting the police station though .-. . I think it was a demonstration of power, 3 days on a city, no police, neither army (called national guard: part of the army that is for internal affairs) could stop them. No one was captured... so I think is the gang saying, we own this place and nobody can do a thing.
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  • Posted by 11 years, 3 months ago in reply to this comment.
    Thanks, I have something like that... although no firearms, their are illegal for a civilian.. (Unless you are a gang member, or a robber, illegal guns can be found everywhere).
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