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Yes, now is the best time to invest in alts, but it is also the most risky time as well.
Alts are cheap, but also many projects just seize to exist, exitscam or get hacked due to
the lack of support or patching.
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Top 100 coins market cap is 121,554,359,665
All USD in circulation are: 15,000,000,000,000 + currencies of all other countries
Do you now see how small is the crypto compared to fiat?
So adoption can be force-triggered by China, Russia, some huge company or Darknet Cheesy
*hint: Darknet is already doing it, China is on the way.
And when this happens, a tons of fees will be saved, economy will speed up and the last one to adopt it might be even too late.
The ones who will suffer are banks and govts. The funny part is that they both can afford to buy all the crypto in the world right now (and maybe are gradually doing it). The tiny market cap is what gives me hope for a 'better' global situation about crypto, but besides that... As QL mentioned, for now it's all about speculation and trading, nothing about real use. Govts are probably done with crypto trading, as more and more exchanges are adding kyc (what for? Money laundering control? Naaah it's just to collect more taxes, friends  ). But if / when it starts to be used the 'uPlexa' way, aka private transactions, that will bother them enough for them to try and choke the baby... China is officially supporting crypto, from the price action this announcement triggered people seem to see it as positive news... Which kinda makes me laugh, as the Chinese govt has yet to prove that it's fighting for people's freedom of speech and actions... If China is really getting into crypto, it only means that the govt will create their own centralized and not private crypto, and this one would be the only one allowed for commercial transactions within the country. From there it will just be another fiat currency, produced out of air like the rest of fiat currently, but with the speed and ease of use added (if they manage not to screw up that as well...) The fact that Russia is showing interest in crypto as well (for now it's more like a love / hate relationship..) doesn't look much more reassuring. Actually went don't want Govts to 'take interest' in crypto, we just want them to allow the movement to happen. And that won't be easy!! Taxes are one of the rare ways for them to collect money to keep roads safe, have a Healthcare policy, pay the teachers and hospital workers.. With more or less success of course, but if you take that from them, the public services are mostly screwed What it there is a flat tax to everyone? And companies are allowed to use only NON-private blockchains, so their business can be taxed? That might also work  So I'm thinking lately if there ist an option for UPX to allow both private and non-private transactions? |
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@whotheff
all of your example are agency or industry that have build somethings commercialized and exchanges by fiat currency... now we are talking about the sostituion of the fiat currency (government) with another system where the government cannot put their hands over... i am pretty sure that the government isn't be happy of this and will block all the ways (like facebook's coin).
@tybiboune
the value depend totally by the folks... if there is guys that spend 1.000$ for an iphone the next year the new models will cost 1.100$... but if nobody bought it for 1.000$ the price will decrease... the value is important but is a objective and subjective things at the same time... i will never buy an iphone, for example, for 6M upx or 3M upx now because i feel to believe in this project that i will prefer hold my coins today for will buy more tomorrow.
my mind is in contrast, I believe in projects and ideas but I have no vision of where they will be in the future ... this at the same time excites me.
You've got a good point about the governments' opposition to this trend... And the facebook example is a very good one, because facebook was to become probably the most potentially spread crypto ever, with the current app adoption. That's probably why govts jumped on every possibility to shut it down before it's even born (let's not be naive, if those big partners suddenly decided to get out, I'm pretty sure that's because of governments' pressure on them.) The same way as the US govt used pressure on the US big companies to force them stop doing commerce with China is quite a blatant proof of that control. If the governments continue that way, how do you see the future of all cryptocurrencies projects that are not backed and supported by banks / govts already? And anonymous, moreover... Aren't we in a huge bottleneck? I mean... as soon as uPlexa gets the worldwide spread potential adoption it deserves, the govts will probably decide to act as they did with facebook's libra. If they force Google & Microsoft to "block" everything uplexa-related, those big industries will have no choice but bending. How do you see a future for this? i want reply at your question with another question... How you can stop something that cannot be stopped because you don't know who there is behind? the most important or maybe the fundamental force of BTC is this... nobody know who is behind and nobody can be multed, taxed, arrested or killed for stop it... one of the more important state or governments will can denied BTC on his country but this will sign the growth of the others. all the others project for survive must agreed the therms of his existance with the governments... sad story tonight, maybe too many beers. BTC is actually not hard to trace, it has no privacy features, and as the only exchanges allowing reasonable withdrawals come with KYC, you can imagine nobody can really hide. The problem is not about governments blocking a 'coin' in itself.. Of course the chains will keep on working, so technically speaking nothing can be 'stopped' just by a government's wish. But what governments can do and probably will, is pressurize all the companies that and businesses that are still linked to the fiat system, declaring gains, paying taxes... So that those businesses would either have to pay huge taxes just because they're using crypto as a payment systems for their clients, or they would just be declared illegal. The only problem thing required to have something become illegal is to vote for laws. That doesn't involve everyday people, but those ones who govern only... If trump can force Google not to allow Chinese phone companies to use Android (an open source os) on their new phones, I guess he can as easily ban any use of crypto for all the US registered companies. So long for the use cases and mass adoption, if things go that way... The only thing left would be xrp. Nice future, I wouldn't want to be alive when this happens No beer involved here, just home made kombucha @thesudio: I agree, be it "Angry bird coins: or UPX, as long as the tech behind it is UPX. @Tybiboune: Kombucha makes you smarter I see  Govts can do whatever they want: declare war, declare crypto against the law, put huge tax on crypto<->fiat exchange, put tax on anyone accepting crypto directly, or putting him against the wall. What I think is now happening is the banks are trying to slow things down so they can catch up and find a way to modernize the whole system before crypto does it for them. That is why the BTC price is so static. Top 100 coins market cap is 121,554,359,665 All USD in circulation are: 15,000,000,000,000 + currencies of all other countries Do you now see how small is the crypto compared to fiat? So adoption can be force-triggered by China, Russia, some huge company or Darknet  *hint: Darknet is already doing it, China is on the way. And when this happens, a tons of fees will be saved, economy will speed up and the last one to adopt it might be even too late. The ones who will suffer are banks and govts. The funny part is that they both can afford to buy all the crypto in the world right now (and maybe are gradually doing it). @Cappex: |
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Я разкажи за това ДАО, какво можеш с тези контракти? |
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@whotheff
all of your example are agency or industry that have build somethings commercialized and exchanges by fiat currency... now we are talking about the sostituion of the fiat currency (government) with another system where the government cannot put their hands over... i am pretty sure that the government isn't be happy of this and will block all the ways (like facebook's coin).
@tybiboune
the value depend totally by the folks... if there is guys that spend 1.000$ for an iphone the next year the new models will cost 1.100$... but if nobody bought it for 1.000$ the price will decrease... the value is important but is a objective and subjective things at the same time... i will never buy an iphone, for example, for 6M upx or 3M upx now because i feel to believe in this project that i will prefer hold my coins today for will buy more tomorrow.
my mind is in contrast, I believe in projects and ideas but I have no vision of where they will be in the future ... this at the same time excites me.
You've got a good point about the governments' opposition to this trend... And the facebook example is a very good one, because facebook was to become probably the most potentially spread crypto ever, with the current app adoption. That's probably why govts jumped on every possibility to shut it down before it's even born (let's not be naive, if those big partners suddenly decided to get out, I'm pretty sure that's because of governments' pressure on them.) The same way as the US govt used pressure on the US big companies to force them stop doing commerce with China is quite a blatant proof of that control. If the governments continue that way, how do you see the future of all cryptocurrencies projects that are not backed and supported by banks / govts already? And anonymous, moreover... Aren't we in a huge bottleneck? I mean... as soon as uPlexa gets the worldwide spread potential adoption it deserves, the govts will probably decide to act as they did with facebook's libra. If they force Google & Microsoft to "block" everything uplexa-related, those big industries will have no choice but bending. How do you see a future for this? @tybiboune: Yes, I mixed the notions a bit. Let me explain: Mining uPlexa is also using it. Imagine if you can then pay your electric bill with the coins you mined.. or the internet bill. @Cappex: governments can put their hands on anything. The only reason for them to not do it is that it is either too insignificant or too expensive or they also use it. So far all of the big players (Google, IBM, Amazon, Facebook, etc.) only "study" the blockchain. Inventing your own money is = fighting with the government in the country where your company is registered/taxed. List of countries which are totaly independant of the US: 1. Russia 2. China Unfortunatelly their independance comes at a price. The are also limiting their own people from using internet and US companies or services. So I think that the first blockchain breakthrough will come form one of them. So far closest is China with their WeChat payment system, adopted on almost every phone in the country. Another smaller chance sits with Africa. It is much easier to adopt something new, where there was nothing old. And since we know China already bought Africa, IBM shifts their focus for next gen of cheap labor source to Africa, etc, etc. It is also an option for it to adopt online payments/value exchange with tokens, not depending on governments. With all above mentioned, uPlexa's aim for dVPN seems quite logic choice, as VPNs will become very important in a world where they can locate you based on your usual internet traffic pattern (even new Cisco switch software can do it). I just wander if you know some anonymous VPS provider? |
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As much as it hurts me to say this UPX as a gateway to IoT Advertisement payments would be the way to go, any website can mine UPX, any advert thats displayed on a IoT device could pay to be visible etc, i dont see any other way that would be viable long term, or being a value of data in real time architecture, imagine an autonomous cars will one day be hubs for advertising as well, i can see your car telling you about events happening around you, discounts at cafes or what not, UPX will be the backbone to sevral Dapps that can achieve all of these things to be marketed to seperate audiences etc. The point of difference could be that scalability and fees are better than other options and since UPX is on mobile devices locality and relevance based advertising will be more accurate. Even in the crypto space UPX can market the dapp and steadfast archtecture pitching the scalibility etc, everything built on the ethereum blockchain is as slow as ethereum, thats not the case with UPX but without any dapps being built or other developers willing to give up time to create such things, we the community have to keep it alive.
[/quote]
Nobody creates apps just to use certain tech. There must be a need first and this need has to be understood.
Example: Imagine you create the new Angry Birds online Multiplayer game. You code it to use the UPX network
for either some transactions, dVPN or something else. Then millions of people download it it and start using it.
If some of them wants to buy some stuff or game time or whatever, he must buy UPX tokens and load them into his
iOS/Android wallet.
@Cappex: Yes, even BTC is not used by the masses, because it turned into store of value coin. Ethereum is stuck between slow transaction time and high fees, Monero is complicated with too much security and is targeted as a money laundering coin, hundreds of small coins are claiming to be the next money. Some of them have great tech behind them, but no real world use case or need for now.
Now compare this situation with the car industry and how Elon Musk created the need for Electric car and in only 10 years he managed to push away from the static ladder of car makers all the whales.
He is now a trend setter. Another example: Facebook was a student's wet dream years ago, now it dominates The Net. Younger generations are born with a phone in their hands, where no paper money exist. In 10 years these kids will be the trend setters. And as we all know, things grow very fast in the Internet and computers are getting faster and faster.
So if UPX is alive in the next 5-10 years and never stopped improving and adapting, it will shine.
@thesudio: I like your idea about web advertising via the uPlexa network. Can you please share some more about your idea?
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The charging companies probably don't like the idea that the transactions are anonimous, since they have to report to a tax agency/government.
I am interested to know what idea's the uPlexa team themselves have about the implementation of UPX. And I don't mean the toaster, consoles, phone and stuff. I think their position on those is already quite clear, but I mean implementation in the bigger picture, like the aforementioned charging stations, green energy projects etc. With Steadfast Storm approaching they have other things on their mind right now, but some vision (apart from ecommerce) regarding this must have been looked at the last year.. I thought something was mentioned in the white paper as an exemple. But the anonimity of the whole UPX story makes it -in my opinion- very hard to get partnerships with serious bussinesses.
I agree with you that to partner a serious business is not possible coupled with too much anonymity. Probably if there was a way to make certain transactions anonymous, and some public, it would work. @Cappex: Amazon is wealthy enough to build their own coin. They don't need UPX. UPX is needed at some small or medium size business with a lot of small transactions which still cost a lot of money to execute. Various online services: CDN, dVPN (which is actually planned in future for uPlexa) online streaming, maybe even some online game. @Korifeetxs Wise words from QuantumLeaper (regarding the "internal" eco system building). Huge corps can start a blockchain from scratch any time. Why would they want to invest in some crypto currency? So far mentioned: mining on IoT: phones, game consoles, old PCs, tablets, USB miner devices Building car charging stations, which work on UPX, dVPN, PlexaNet, UNApps (some require loss of anonymity) What other use cases do you guys see for UPX (avoid value storing, press on USE as a daily use)? What other use cases you guys can think of? |
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It looks like IoT device (almost all of them have USB) with one or more USB devices plugged in. I'm not very familiar with these devices, but do they have their own OS inside or they depend on host OS? If they do, then it is more complicated. If they have their own OS, then Security could be potential weakness. Also not all USB ports have power supply which matches the USB type specs. This could be an issue. On the other hand if they are dirt cheap and mass produced, they might be quite good. My idea is just use hundreds and hundreds of old laptops and PCs laying around and being recycled constantly. They are abundant, cheap, versatile. The problem there is the power usage, size and noise. Old machines use too much power and are not that efficient. I read a news about Mepкeл who set a target for 1 000 000 Electric car charging stationstill 2030 in Germany. I wander what if the charging of money for electricity happens automatically through a blockchain wallet entered in the car's computer. It would be zero hassle while charging. Also charging stations can mine coins or serve as uPlexa Utility nodes. I'm sure the companies will want to build these stations as cheap as possible and running on blockchain should be most automated and cheap option out there. So mining with Tesla or other EVs might be not wise, but mining/staking/running a UPX node on the charging stations sounds too good to ignore. Charging stations which will have a lot of constant (probably redundant) power supply, 100% of them will have internet (probably redundant) and on top of that will be millions and quite spread throughout the world which is the best decentralization possible. What do you guys think of that? |
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I haven't found any new project to add in my favorite list, so, I am still stuck on Bitcoin and Ethereum! Bitcoin is the pillar of the crypto industry, without it, we can't imagine the crypto market! This is a true example of decentralization! There is no owner of it, a coin leading by people!
Ethereum is the biggest platform where many other good altcoins rely on it! This coin still has many ways to go to get the real price! Besides these, I want to give a space for BNB, LINK, XLM, ONE coin!
You might want to read about One coin here: https://en.wikipedia.org/wiki/OneCoin |
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There are many promising altcoins in the market today. Its best if you di your own research and invest into an altcoin you believe in; that way, you can be responsible for the decision you made and optimistic that you made the right decision. Keep BTC and ETH close though. They've been performing very well since the start of it all.
I filly agree with you. Keep some BTC and ETH, but still experiment with others. I'm experimenting with uPlexa coins. |
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So far: ETH and uPlexa. All others I was following turned out to be scam or just gave up.
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we must focusses on the next gen... the today young will be the tomorrow utilisator of UPX coins... console is the right choice, all of us and our sons have a console, not only the new system but also xbox, ps3 i don't know if we can go more back... simple app with wallet integrated, download, run... a little config like password or 2fa, setup the wallet in to the miner and go... to the moon... i am excited
I like your idea Cappex. Game consoles have excellent cooling and they are used around 20-30% of the day, others skip whole days of not using them. The only issue is how to make it run 3rd party app. I also fully agree that crypto users in 5-10 years will be the today's kids. Guys, any other ideas for suitable IoT mining devices? (so far mentioned: phones and game consoles). |
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Yea, unfortunately due to halving and everything else i've turned off my miners for now. will be turning them on again when the price increases and some of the big miners leave. How about everyone else?
I turned on my miners to see if the reward is really halved, but instead I'm getting almost the same yield from same CPUs. So either because of dificulty or something else. Since I'm not selling, I don't care about the price. @thesudio What changes do you expect them to notice? +@tybiboune Yeah my motive is to aquire enough to run 3 nodes and i only have a single gaming machine with a 1080ti the price is too good right now to pass up lol I wonder if more little rigs will join up or see if higher hash rate miners leave for other coins. My hope is we grt more decentralized i wanna see upx mining apps for android tvs that activate when its got no display inputs or phone miners that turn on during inactive hours ect coupled with nice guis... i wish i was more programming savvy instead of data entry type layman stuff lol id build it for upx myself Mining on TVs and tablets can be tricky. None of them is optimized for 24/7 load. Today's TVs are as thin as possible, leaving no room for proper cooling of the chips inside. That means that you can easily kill your device if you run too many threads and not monitor the CPU temps. Cheap Chinese TV boxes often heat too much even on their own, without the mining, that you MUST modify their cooling if you want them to last more than a month. Another topic is security. How would you convince a regular person that the miner in his TV is secure, not spying at him and so on. But in order for all that to change, we must create intelligent miners for all devices with a CPU, continue being open to people, and tell the truth as uPlexa is so far. In the past there was a bounty for creating a miner for XBox. Which type of IoT device do you think is most suitable for mining? |
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Wow, this is beyond stupid:  Vitalik seems to have lost his mind; what the hell was he thinking when he made this poll? What results did he expect?  vitalik never was a smart person, his ethereum was just luck. smart contracts is invented/created by nick szabo and code into what is today ethereum by gavin wood No matter who invented it in the first place, Vitalik is the reason you are writing in this thread. One of the reasons banks are considered secure is that they can block your card if you report it stolen. In crypto, if something is stolen it is inevitably lost. I think that is what Vitalik is trying to find a solution for (atleast for the big thefts). |
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Yea, unfortunately due to halving and everything else i've turned off my miners for now. will be turning them on again when the price increases and some of the big miners leave. How about everyone else?
I turned on my miners to see if the reward is really halved, but instead I'm getting almost the same yield from same CPUs. So either because of dificulty or something else. Since I'm not selling, I don't care about the price. @thesudio What changes do you expect them to notice? |
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On the topic of decentralization and UPX listing on bisq. Here is a resource Komodo released, obviously biaaed but raises great points on what to look out for but since bisq isnt compared i wonder if we can reach out to them to see how they fair against the competition...? https://komodoplatform.com/decentralized-exchange/Wow, pretty extensive article on DEXs. Thanks for it, I learned a lot (although I did not understand everything). Maybe uPlexa team can consider listing to other DEXes than Bisq? Now here are my after fork mining results: I mine almost the same amount of coins as before. I cannot explain it, but it's a fact. The only difference is the slightly lower network difficulty. But it is not that low either. Has anyone else observed almost same mining results after the fork compared to before it? |
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Metagather is now stuck. Login not working, website not working..
from telegram: "we are working on it, access will return soon" this wallet is weird,(i have questions about how transactions work) i wish they had a discord or something, telegram is a shitshow spamfest, so disorganized... : / Here is their Discord: https://discord.gg/euU4jEC |
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Metagather is now stuck. Login not working, website not working..
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hi everyone ! happy Forkloween So, as I was expected, halving didn't change anything to the price...No surprise here! What changes prices is hype / crazy BS shilling, OR real good stuff happening. The real good stuff will be when the coin is getting used, not only mined and traded. Nobody reacted to my topic 'decentralization/privacy OR accessibility/ease of use : do you think there is a choice to make, and what would be yours?'? I'll take all 3 of them. If I take only Privacy, all crooks will try to use it for illegal means which is bad for the image. If I take Accessibility, mighty $Dollar is accessible, Paypal is accessible, Visa is accessible... If I take Decentralization, it has no value without the two above. If no government can control my money, but everyone can see my transactions then it again is a no go. So I'll take all 3 of them. Not an easy problem to solve. But even if it does not solve it, at least it will bring inspiration to the later generations (as Satoshi did it for us with Bitcoin). |
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