AMP uptrend is still intact.

  ( sorry for the ugly chart, to busy to make something nice looking )


Note that not even are we still in an uptrend that more then 5 weeks ago, it looks like we keep making higher lows, not even touching the bottom ascending channel. That comes with more volatility. I expect a jump up to .00026 in the next few days, followed again by a drop to around .00020. This will keep happening until something changes drastically, because trends tend to just keep going.

Of course there's a strong inverse relation with BTC. BTC makes a little rally, we dip. BTC dips a bit, and we shoot up to .00026

Let's see if my little forecast comes true. I've been making trades like this for a while and so far they have paid off very well.

Our uptrend is still intact. We're going strong. Expect price to hit the blue line and then bounce up to around 26, before we correct down again to the blue line, which will continue unless the trend turns.

Well I don't know if Synereo will overcome Steemit. The HUGE difference is that Steemit is centralized, but even still I really dig the concept.

Synereo is launching it's Alpha release in September, if that answers your question.

Yeah I think Synereo is pretty awesome too! Together with Factom and MaidSafe, these are the projects that have a really big potential to become the next big thing in the wonderful world of decentralization.

I went into the AMP thread and grabbed some links for you to click. With pics even, woo. Hope I didn't break the BBCODE....

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[/list][/list][/list]

Why do you think so ?

I think Steemit is doing something right, with that big userbase and big hype they built up.
I've been hearing some crazy stories about bots that reply to posts and generate a HUGE income though.

I wonder how Synereo is going to prevent things like that from happening.

Yes, cool idea! Not the first time I heard it, though. The obvious problem is using exploits. It's very easy to trick the GPS to "move" super quickly accros terrain to "mine". You'd need additional, rock solid proof that the distance was actually covered.

Cool idea. I think that will be possible with MaidSafe, wouldn't it ?

Found this article about Synereo :

Turkey Blocks Reddit Access – Decentralized Social Networks Are Needed

I'll copy paste the article here ( check out the link to the article though for more links and pics ) :


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The concept of freedom of speech is great on paper, but it doesn’t seem to every practical by any means. China has its “Great Firewall”, effectively cutting off the country from most foreign websites that can not be controlled by the government. Russia’s Internet watchdog is trigger-happy on getting certain websites blocked, and now the Turkish government has decided to block all traffic to the Reddit platform. It’s a good thing Bitcoin discussions can be hosted elsewhere. Otherwise this would create a major issue.

Also read: Bitcoin Overtakes Yuan On Google Trends

REDDIT INACCESSIBLE FROM TURKEY

What makes this story of particular interest is how there has been no official communiqué regarding the reason for blocking Reddit access. According to the information we have received, the Turkish government has made DNS changes to block access to the Reddit platform anywhere in the country. It is not the first time the country takes an aggressive stance towards social networking sites.

As of this Friday, the blockade has been in effect, as various Internet users voiced their concerns regarding Reddit not being accessible. Based on the information provided by a dedicated government website, the route to Reddit has been restricted due to a “technical analysis and legal considerations”.

Bypassing this blockade is not all that difficult, as individual users can manually update their device’s DNS settings. While this process is not as straightforward for less tech-savvy people, Google has put together a comprehensive guide on how to change DNS settings. For now, this process will make Reddit accessible again for Turkish Internet users, although that situation can change at any time.

The only way to prevent these scenarios is by embracing decentralized social media networks. Facebook, Twitter, and consorts are all very popular social networking sites, but each and every one of them possesses a central point of failure. Decentralized solutions are the answer, and several of these projects are in development as we speak.

DECENTRALIZED SOCIAL NETWORKS THROUGH BLOCKCHAIN TECHNOLOGY

One of those platforms is called Synereo, which touts itself as being the “next-gen social platform.” By removing any single point of failure, the Synereo social network can not be taken down, hijacked, or blocked by government officials. Additionally, users can determine who can see their profile and content if needed, rather than making it public automatically.

Datt is another decentralized social media network, developed by former Reddit employee Ryan X. Charles. But there is more to Datt than just being another social media network, as the platform offers Bitcoin-powered incentives as well. On top of that, Datt will embrace commerce, allowing users to buy and sell just about everything.

Source: Eekg

Thoughts ?

I found this in the weekly update on the Synereo Blog

"Dor announced that the BTTF campaign will now allow purchasing AMPs separately from equity, offering both options for maximum choice. It will kick off with the release of our Alpha, as well as our first Synereo Conference, during the first week of September."

Exciting times ahead !

It's taken care of

Escrow is simple. Give your login/pass to the escrow provider.


Hahaha we've got a businessman. Bravo sir.

Why do people refer to YoBit as a scammer site ? Only because they trade IOU's ?

All IOU's really are is naked derivatives. Nothing scammy about it, though it's dangerous.

I see some people in this team that I respect and admire. Will be following this for sure...

Of course.

I'm not gonna quote any trolls, but let me say this :

Tibala Tigi  ( Chris Bates ) is my friend. I've known him for years and he's one of the most sincere, genuine people I've met online.
Together we worked at Factom, Synereo, Coinproz and he's written scripts for countless of Hypercube's  videos.

 I have trusted him with large amounts of Bitcoins. I'd trust him with my kid. Who do YOU trust in the cryptocurrency world ? Not many people, right ?

Coinproz failed. Yup. As have many ( 99 % ? ) of other projects in this space. Does it automatically make it a scam ? of course not.

About ICOO :

I think ICOO is a really cool and innovative project that has the potential to make ICO's much more efficient and attractive. it supports new projects and also makes it easier to get in at the ground floor for investors.

We're making a series of videos for it. If anyone can make it work : It's Ronny Boesing and his team.

Hey sir.

This video will help you. I posted it yesterday in the OP and also as a reply, but I guess you missed it.
Feel free to ask questions if you require assistance.

That's a warning about fishing emails someone send out that look like they're from OpenLedger. Thanks for reposting the warning.