BTC and altcoins grows because more people get into this business,the more investors the more value it will give to the coins.
Yep, it looks like there is fresh money coming in. The total market cap of all cryptos together inceased by about $10 bil. in the last 24 hours, which is quite impressive. And finally the money flow also into alt coins, not only Bitcoin. I think we have an interesting period in front of us
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It's not only about the 51% attack. Too big power of the miners over a coin is also a problem. With ASIC mining, there is much higher risk of the hashpower to be centralized in few hands and those people might try to dictate what should happen with that coin. You can see it now with Bitcoin and BCH - some greedy rich miners want to centralize Bitcoin in their hands by abusing their hashpower.
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Well, it all depends on whether you consider the BTC or USD price of alts. For USD price, alts are not doing very bad, some of them actually gained quite a lot. For BTC price, however, it will take quite a while until alts will catch up to the fast increase of BTC price in the past fer months.
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Another beautiful DeepOnion Sunday Airdrop day. I hope everyone is ok. You should not miss DeepDomination Tasks! They are very rewarding!
It was actually a very good move to start these DeepDomination Tasks. They really help to promote DeepOnion all over various channels (Twitter, Reddit, Youtube, exchanges ...). I think that if the community continues with these tasks, DO will be well known by most people very soon.
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It's quite understandable that people don't like BCH. BCH supporters went on direct attack of Bitcoin, with the only aim to basically rob all Bitcoin holders and transfer the wealth into their pockets. On top of it, BCH doesn't bring any new technology or anything new in general. But maybe it will be good for Bitcoin in the end as it might push the core developers to implement Lighting Network as fast as possible.
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Hoe low can we go? This coin is priced far below ICO right? More ICO funds than market cap??
Well, they have announced that the prototype product should be ready in January, so my bet is that the price should increase considerably when it's released. Having a product launched, even a prototype version, changes everything.
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BYTEBALL is obviously a far better project and is a far better investment from here.
IOta is untested and until it has the training wheels removed and no serious attacks are successful from many months its not even a proven functional design.
I would take byteball as a better bet from here any day.
You're probably right. Another thing is that the Byteball and IOTA technology is quite similar, as well as their valuation potential. But Byteball has much lower market cap right now, which means that the potential gain is also much bigger.
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I'd say that Byteball and IOTA are technologically equally good and my bet is that both of them can end up at least in Top5. However, as an investment, Byteball seems to be much more attractive as it's current market cap is much lower, so there's more space for profit.
And why is DAG better? For many reasons. It's much faster (no waiting for block to appear), it doesn't need miners (no politics and drama from big mining groups like now with BTC vs BCH), it's ecological (no wasted energy for PoW)... and many others.
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I really don't like that the BCH supporters use such practices as spamming Bitcoin with thousands of fake transactions to damage it. They really think that this way they will convince people to switch to BCH? If nothing else, this is the reason I never want to have anything to do with BCH.
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Of course. Bitcoin Cash is useless in general, so there's no excuse for it to maintain such a high price in the long run. It was quite obvious from the beginning that it's just being artificially pumped by its wealthy supporters with the aim to disrupt the Bitcoin market and gain some quick profit. BCH will eventually fall back to ~ $300 where it belongs.
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It should also be noted that the market cap of Bitcoin Cash currently provided by Coinmarketcap is not real. I bet that many people don't know or didn't bother to get BCH from the fork, or just bough some Bitcoin for long term holdings and even do not follow cryptos, so don't even know they have some BCH. So it's quite possible that large amount of BCH is frozen/dead. The real (i.e. in use) number of BCH coins thus might be much lower, and so is the real market cap.
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It is just an artificial pump, planned for a long time by BCH supporters and I bet it will dump soon. No matter how hard they try, BCH is still just a speculative asset. Just because they move some hash power and pump it, doesn't mean that the whole Bitcoin infrastracture will move as well. For example, many shops are accepting Bitcoin, almost none Bitcoin Cash. There are futures funds being launched for Bitcoin not Bitcoin Cash... an so on. The current BCH price is hardly manipulated and doesn't reflect it's real value, which is IMHO somewhere at 0.01 BCT.
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Maybe they will also start communicating with public more, if they want to do another token sale Anyways, I'm curious to see if they made some new partnerships at the Devcon3 conference... it was a great chance to make new contacts and start new collaborations.
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I personally don't trust Bitcoin Cash, it's quite obvious that it's a short term project with the only purpose of draining money from bitcoin and make some quick profit for a few people behind it. And I think that nobody sober can buy into this BCH pump... it so looks like a classic pump & dump scheme.
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Don't worry guys, Bitcoin will still be Bitcoin and the fact that some wealthy supporters of Bitcoin Cash used the Segwit2x mess to pump it doesn't mean that something has changed. Bitcoin Cash is still just an altcoin and always will be, no matter how hard Roger Ver and his friend try to change it. Whatever they do, they do it for their own profit. Ok, BCH is going up right now... so what? A few month ago Litecoin and Ethereum were going up and it doesn't mean they are Bitcoin now. It's just a normal pump, no big deal.
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I've seen in some news (sorry, don't have the link) that in some universities they already have subjects dedicated to Bitcoin and cryptocurrencies in general. But I think that at least for now there's not enough space in the education system. My bet is that cryptocurrency principles will be taught in many universities soon, but probably just as a part of a more general course... for example within cryptography classes.
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Wow. When the official DO forum started, I would never have guessed it can reach 100.000 posts so fast. On Bitcointalk, we are also already in the Top 5 threads already. We are winning all possible polls. It realy looks like we have the strongest community of all altcoins, so let's use the power
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Why didn't mysterium publicize the fact it would be speaking at devcon?! That's big
Because it looks like for now they don't care much about publicity and marketing. I really hope their attitude towards this will change when they have the decentralized VPN up and running. I think that the lack of communication is the only disadvantage of this project.
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If you do not want your deeponions, we can negotiate. I see a lot of potential in the whole project of DeepOnion because I see that they are doing a professional and very committed job, so I am interested in accumulating a good stock of them. Please contact me.
Where do you see its potential? I'm still very much on the fence about what is going on over there. There's a lot of hype but it's hard to tell how much of that is people spamming for the signature campaign and how much is genuine. Well, now you need to make only 5 posts on BTCtalk per week to be in the weekly airdrop which is nothing, so I don't think people are spamming all over just because of the signature campaign. And I honestly think that the potential is there. Apart from the very big community, the devs are really active. About 2 weeks ago they implemented DeepVault (you can store hash code of any file on the blockchain and use it to confirm if e.g. some document is original or was modified, when it was created - registered on the blockchain etc.), this week they made a new website which looks really cool ( www.deeponion.org) and before the end of the year they should implement DeepSend (basically an integrated coin mixer to make transactions untraceable). For me, that's more than good enough
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Actually all altcoins are down, because people are transfering money from alts to Bitcoin. I think that we can expect some, at least short term, spike in the prices of alts when Bitcoin will get into the expected correction. My guess would be that the Segwit2x fork might be a trigger for the correction.
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