Bitcoin Forum

Hello,  I want to  talk a little  bit  with  you guys.



The cripto hype/ bubble  has contaminated  everyone, and   everyone seek to  be  rich  with cripto.

Guys  this  makes  me  laugh.


THE  98%  of  ALTS   WILL  DIE  IN THE  LONG RUN,  AND YOU DON'T  REALIZE  THAT  THE 99,5%  OF  ICO 'S  are just  trying to  take  your money   creating  various  kind of    HYPEs

Among the  various kinds of   hype  we have :


-- supercomputers:   WHO NEEDS  THIS  WHEN  WE ALREADY  HAVE  BOINC  AND  ETHEREUM  AND  WE ARE NEAR  TO Q-BIT  SUPERCOMPUTER?


SERIOUSLY, DON'T   WAST your MONEY  ON SUPERCOMPUTER'S  HYPE



-------VIDEO   PLATFORM AIMING TO COMPETE  WITH  YOUTUBE, NETFLIX..   SHIT.....  DON'T  WAST  MONEY ON THESE



---------------------------------------- So   where   could I  invest my money??


DECENTRALIZED STORAGE.

THE  ONLY THING  FOR  WHICH  BLOCKCHAIN WILL BE  REALLY  IMPORTANT  AND  NECESSARY  IS  DECENTRALIZED  STORAGE.

Think  about  all  big  companies  which get hacked  and  all data  stealth  and so on.

With a  decentralized storage  this  can not happen  and  the  companies  will need  this.

All the  other  things  are  HYPE, HYPE, BUBBLE, USELESS  HYPE, DON'T  WAST YOUR PRECIOUS  MONEY on them
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The  other things  in which   you can  invest in are:   Bitcoin (RIDE THE BUBBLE,  AN ICONE  OF  THE  2010  YEARS),

and  maybe  some  smart contract  platform (STRATIS, WAVES, LISK, confideal)


And  ARK?

Forget  it.  

There are   a lot  of  projects  which aim  to realize ATOMIC SWAP... so forget about  ark, over-rated  (wanchain will destroy it)


------------------------------------


-------------------- Can  you  tell me   another  project  in which to invest ,   that      will be   necessary for  the world,   and  that is not   just pure ''Hype''?

Yes, maybe  all the IOT  (internet of thing)  related stuff  it's   not  ''pure hype''


so  you could  go investing   with  IOTA,  WALTON CHAIN, MODUM...   they  are all   projects  in which  the blockchain  tecnology could be extremly  useful
(but IOTA  is   tangle, not blockchain)

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So guys  we  are   at  the   end  of my considerations...  I   think this  is  the realistic  scenario.   Share  your  toughts if  you want, but  my idea is this.

I   think that  if  you follow  my adviceses  and  invest  a  big sum of  money  in the  fields  I  have described  you could collect consistent gains, because they are  sectors  in which the blockchain tecnology is  really needed.  (IOT,  DECENTRALIZED STORAGE)


All the rest  is  hype.  Bubble.

Nothing wrong with buying into a bubble especially when you can read the signs

Exactly right. 99% of people are into crypto for profits, including OP, hence his tirade against some coins and for others. If it is profit you are after, go ahead and try and catch the wave of the hype and get out before the bubble pops.

But seriously, dismiss every "supercomputer alts project" simply because we already have BOINC and Ethereum? I do like boinc very much but if there could be something better, why not?

I did not take it seriously, but I was neutral until I saw OP promote Waltonchain.

I mean if there is hype, it's obviously more risky. However, it deosn't mean that you are going to be able to turn a profit on your investments. Decentralized storage is a great idea but probably not going to see any real life usages any time soon.

But again, if there is a new wave of hype then it could certainly see its price jump.

In the end, it's investment and speculation. But i do think that decentralized storage projects are going to be pumped soon. Haven't had any action for ages now.

Me too.
For a moment, I thought he was probably unto something. Then, I caught Waltonchain - twice.

sorry dude, i've appreciated your topics so far but now you've started to sound like another guy on the forum who thinks to be Batman...  ;D

this aside, you may have a point here, but we cannot really predict what twist the tech will take in the end, so the smartest thing we can do as investors remains to diversify by picking promising projects with different goals, marketcap, level of risk, etc.
also, if you speak of decentralized *storage* i don't really see anything atm that really gives me trust. if instead you speak of decentralizing how all of the internet works, then the matter is quite different and i think that there are still a few hopes around

I can agree the fact that we are in quite big bubble right here. Not only supercomputers, all these airdrop coins and even smart contract coins are in bubble. But I think decentralized storage is overrated too. It is problematic in law I believe if people store illegal pics, vids.

NO .

Smart  contracts   is  somenthing  the  world  NEED.

NOT  ALL  IS  A BUBBLE.

DECENTRALIZED SMART CONTRACT  ARE USEFUL FOR COMPANIES.   THINK ABOUT ALL  BUSINESSES  WHICH WANT TO AUTOMATE THEIR PROCESS  WITHOUT  A CENTRAL  SERVER  TAKING  THE REQUESTES.

Smart contract are useful in my opinion.

Decentralized  storage too.

THINK ABOUT  BIG COMPANIES  WHICH  WANT TO  HIDE THEIR  DATA, AND DO NOT  WANT TO  BE hacked.  DECENTRALIZED  SORAGE IS CRUCIAL FOR THEM.


ALL  the rest  for me is  BUBBLE  because  there is  already in the  ''real''  world.


FOR EXAMPLE  WHEN  I  SEE   VIRTUAL REALITY  AND  BLOCKCHAIN:::::  FOR    ME  IS BUBBLE....  THE  VIRTUAL REALITY  CAN exist  without  blockchain


Supercomputer  can exist  without  blockchain


Decentralized  storage CAN NOT  exist  without  blockchain------------->  so it' s  valuable.


In my opinion you guys  gotta  limit  the choise  to  the valuable projects, this  will make you maximaze the profits.


IOT    for example is another  sector, which  needs   blockchain.

BITCOIN?------>  AN ICONE...  A   COIN TO  HAVE  BECAUSE FUNDAMENTALLY HAS  NO PURPOSE  BUT  IT'S  ''SIMBOLIC''


So  my   picks  are:  IOT (internet  of things  field),    DECENTRALIZED STORAGE,   SMART CONTRACTING and Bitcoin

First of all, being that arrogant wont give you a good reputation here. THis is not the first page of the newspaper.. just a forum!  you don't need double space between lines or CAPS locked..
ARK is overhyped.. yeah, i think so, already grew too much.
WTC will give a lot of profit to investors.
IOTA, although many people seems to have lost their hope because it's dropping 60% since ATH, has still a very very bright future...
Your worst mistake:    claiming something like supercomputers aren't needed.. you should take a look at what is fog computing... and of course blockchain will be very useful in that case.

Sorry...  but  just  think  about  companies:  would it be better to store their data  on a phisical server  that  could be hacked,or  ''in the cloud (blockchain)''  where noone  can  access   to them??
 The answer is  pretty obvious  to me

My question is :  ''why  this fog  computers do they need  blockchain  tecnology?

 Can't they simply run in a peer-to-peer  manner like BOINC  already  does?''

Confusing as it is there will be many ICO's and new coins that will pop out of nowhere in the Coinmarket and all we can do is just ride the wave of These Platform hype we can not tell for sure if what is a scam and not, we can not predict if the project will succeed or the ICO is a big scam, and it is up to OP if his not trusting them because we had different conclusion on what to support and I think this big hype had so many supporters because of the free tokens they are giving that sometimes became a hit and sometimes become a dump, yes it is pretty annoying if something like this happen but one thing for sure out of the 98% of altcoins that's gonna be dead in the long run there are still a 2% that will remain and will sure succeed,

And  you have to be smart picking that one  the  world  really need:  IOT, decentralized storage, smart contract platform and Bitcoin.

That's it.  

Life  it's  not  complicated, it's incredibile  simple.  

Go  with  IOTA, WTC, MODUM,  one between  SIA, maidsafecoin, substratum, shift  and   one platform   among  Stratis, Waves, Komodo

And  finally  a  30%   of  Bitcoin.   That's it.

You do Not  need  other  coins

i understand what you mean but i think you're giving too much credit to current projects. perhaps the coins that will be successful in the long run and go real mainstream were not born yet. perhaps BTC itself will slowly fade at a certain point because too unwieldy to use. also, i think you underestimate the importance that community still has in crypto. personally i haven't invested in IOTA yet but can tell you that i woke up really happy this morgning for holding some GRS and OK in my bag, whatever you may think of those coins... why should we already give up to such opportunities? it's a bubble and a very volatile one, right - let's enjoy it and ride waves :D it's still too early to make secure long-term bets...

In fact that is just that it is. No one really cares about some of this altcoins and it is obvious most people just want to take their profit and leave at the best time possible.

However, there are some projects that are just simply rubbish at the instance of reading about them as you just know it will not work. it is just a matter of time before most of the altcoins leave the market with their shady project while the stronger ones with great and usable ideas survive.

With the recent YouTube policy that is retarded and demonetizes a lot of normal stuff how is that a bad idea?

It's  a   bad idea  because   people don't  know  yet  how  to buy token  or  cripto  with their credit cards without too much   hassle

Wheb  will  be possible to buy cripto  and token with   QR scan code on smartphone  bitcoin  and  criptos  and  video-cripto platform could  also overtake youtube

We are  talking about a  decade (10  years)

So, in this thread (https://bitcointalk.org/index.php?topic=2343401.0), you are calling Bitcoin as useless and here you are recommending it to everyone?
Why are you crossing your own words? As well, each and every ICO comes with their own concept and we all know that many turn out scams, so it's our own responsibility to search out for the best and invest in it, but calling everything as shit turns out to be stupid when few of them become legit in terms of proving their project with the work they do for it. Committed dedication can be the key to the success of anything whether it's Bitcoin or alt. Don't worry too much about the future of alts and just enjoy the rides while you are still able to, because once bitcoin crosses a level where trading with it could go bizarre if you lose, people might switch to alternatives like ethereum or XMR to trade.

It's obvious that OP is just trying to promote some coins which he holds but still I agree on some of his points specifically the advice to not waste money on video platform aiming to complete with youtube and the likes, it is quite useless now that many people aren't exposed with using cryptocurrencies yet. I partly agree with some of his points until I saw him promoting his altcoin stash on his post, recommending people to buy them.

Supercomputers in fact could prove to be highly valuable, especially Sonm as it uses Fog Computing. You're like those guys in the 80's and 90's claiming email was a bubble. Also, there are very few monopolies still out there; there are countless TV-suppliers, internet suppliers, news paper suppliers, game suppliers, ... so in the future we also are gonna have multiple blockchain technologies bringing us virtually the same thing. You however are talking about this as if it's a stagnant thing, something that has already peaked. Ask yourself, did the internet disappear after the bubble, or did it explode even further? In a few years, blockchain will be seen as internet 2.0. I predict Sonm, a supercomputing network, to reach 5 billion$ by 2020, because fog computing is the future of high speed data providing and processing, virtually free website hosting, neural network creation, CGI rendering, global energy distribution, and so much more.

I agree with half of your opinion. But i still believe in project on fund managing like genesis vision, also atlant for real estate. Crypterium as debitcard service also i believe. But not at super computer project and video streaming and social media who said will compete with facebook.

consider the following; Facebook can do everything instagram and snapchat can do. Do these two other ones have no reason to exist anymore? No, they do. Because the market is massive. Consider another thing; Internet was the biggest bubble we've seen in centuries. Did it fade away after the bubble, or did it explode even more? I'm guessing since everyone and his dog uses the internet, it's the second one. Sonm, a supercomputer, can expand this further than you can imagine. They can do things no other project can do, not even ethereum. Fog computing is an upcoming rare gem every company in the world will want, yet Sonm is the only blockchain related company coming close. I'm not asking you to invest, because I don't care, I'm asking you not to participate in mindless fudding

u sound like a troll on meth or speed, or both  :o

I  am  undecided   about  bitcoin.

One  day  I would like to hold  another day  I would  like to spread all across some   projects .

I am  undecided about  fog  computer  because  of the upcoming  Q-BIT  SUPERCOMPUTER,  so  this  is  my fear

But I am  strongly sure that  the blockchain  tecno  will be the next  internet  (not the  supercomputer on blockchain)  because  of  decentralized  storage and  distribuited ledger.

I  don't need   to promote  anything...   the  Internet  of  things  and blockchain related  projects  will    be so huge  in the next 5-10  years  that  people  who invest  now in these  sort  of things  could  virtually  have a future  so sweet.

I mean...    imagine IOT sensor   on  a  tangle  type  of blockchain (NO  SCALING PROBLEM)...  if this  is  not  a  BOOM,  which  one  will be?

I am not so much into  plaforms  aiming to copete  with  MAINSTREAM  youtube/facebook  cause   people  can't  use cripto  now, and they  don't  even  know  what an exange is


Think about  before to  invest

I can tell you know your stuff, which I like. Quantumcomputers are coming, no doubt about that. But they won't be accessible for people like you and me, given how technology doesn't go that fast. maybe in 10 years, sure, but not before Sonm reaches its peak, which I estimate to be in 2-4 years. Also, Quantum computing and supercomputing are different things. If anything, they'll work together. 

So the whole point of this super long rambling FUD thread is that we need to buy into decentralized storage projects? Such as SIA? The same coin that has been dumping and dumping and dumping for the past 6 months. Pretty soon we are going to have to pay to own SIA -- it seems it's going to dump so far it will be worth negative money  ;)

I respect your opinion, but I personally believe that multimedia projects which aim to supplement/replace YouTube and music purchasing services ARE the best main stream use case scenarios for the blockchain. Which is why I continue to buy into FLO and MUSIC.

agree 100%. indeed besides the unnecessary agitation of OP, i don't understand how an analysis that seems competent and insightful in its own way can result into the advice of buying notorious half-scams like SIA or STORJ...

You're right. Buying coins in the hole, which thanks to their ability to so-called bubble after that offer higher earning is the most ok to do so.

What you say is true, everything can be run without having to use super computer.

However, for a profit I still buy bubbles and analyze the fluctuations that occur.

DECENTRALIZED STORAGE.
This is also true, with decentralized storage can provide a sense of security to investors and provide consistent benefits.

I  don't   tell you  to buy  SIA   o  Storj.  I  just  say:  focus  your  money/researches  on decentralized  storage.  It  could be  storj sia,  substratum... any thing  that has  decentralized storage in its  project

To  the people  that  are focusing on ''Multimedia''  I would  like  to say   why... the  reason

ANother field  in  which   Blockchain will  be  necessary is   ROYALITY  RIGHTS    and  ANTI-COUNTERFEITING

With BLOCKCHAIN THE ROYALITY  RIGHTS  PROBLEMS  ARE SOLVED


ALSO    FOCUS  ON ALL THAT   PROJECTS  WHICH  AIMS  TO PROMOT  SPORT TALENTS    BECAUSE  THEY  WILL TAKE  A  LITTLE  bit  to  grown, but  when    they  will grown   can  do  better


Follow  my  adviceses, I don't  give you coins  to buy, I  give you the   fields in  which  you  should  concentrate

Super computer is just a scam for dreams .
this dream was started with ltcgear who offers new asics for ltc mining and Scammed everyone. These are just ponzi schemes and we experience all of them before.

SONM  is  a  7 cent   right  now....      I  have  a  30 $   on SONM  just  to be sure   that the next  year I  won't  regret, but  basically I agree   with you...  supercoputers  are  just    hype to invoice people  to invest.

Maybe  SONM  could be different, but  personaly I  won't  put more than 300$  on it. 

Huge hype sometimes scare me a lot about a project cause those kind of projects may end up failing pretty faster than expected. However, hypes too can be good for profit anyway as you have said, it is an investment and we are obviously all out for the profit. One just needs to be very careful.

I totally agree with the decentralized storage projects and I am really looking forward to seeing some actions on them. By the way, is the OP trying to advertise WALTON CHAIN? ;D

I think you need to lay off the stimulants before you break your shift/caps lock button, thank me later.

Forget  about  WTC,  it  doesn't  need   me  to be great. (I  have  only a few  of  WTC)

I  give you only sectors  in which  focus  money,  and these are:  IOT, DECENTRALIZED  STORAGE,  ROYALITY  RIGHTS  managemant,  ANTI-COUNTERFEITING

Notorious "half-scams". Can you explain what a half scam is lmao?

I think any rational investor here knows that more than 90% of these projects will fail, but you sound as if you have seen the future, those projects to fail and those that will succed, success is not an ABC thing I hope you understand

Bitcoin's mining is got to be one of biggest waste of resources to exist. This is one of the reason's why super computing blockchain's are useful.I know most of the companies I've worked for refused to use cloud storage, and they sure wouldn't use blockchain storage. It's not all a one-stop shop.

I think fraud proof storage of data could also be important. For registers, applications etc.

Some of the biggest companies in the world once refused to work with email. If their competition starts saving millions a year, they'll be forced to work with it as well.

sure:
scam = i have evidence that the project in question is dodgy/fishy and largely designed to milk money from naif investors
half-scam = i have no such evidence but a strong feeling that something is out of place and not deserving my investment until some facts, not hype or shilling, prove me the opposite

i hope this explains.