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Wouldn't that data be encrypted? And wouldn't it be stored redundantly?
I don't know the answers I haven't looked much into Sia but I would hope so! (for them and their investors)
By the way cheap is relative, don't look at the price of a coin but look at the market capitalization. A very cheap coin with a huge market cap has less potential to grow than an expensive coin with low market cap (all other things being the same)
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No. I've said Bitcoin. How many merchants accept IOTA? Near zero. How many people want to use IOTA outside of the people already holding it? Near zero. Anything that I could possibly list, the answer is 'near zero'.
You do realize how new IOTA is right? It literally was just allowed on exchanges last month.... Are you retarded or something? "DAG technology". You remind me of those people that think DAGs are something new and that nobody tried using them for the purpose that Bitcoin was created. If you think that IOTA is superior or will overtake Bitcoin or mETH (which is horrible on its own), then you truly are delusional and/or a bagholding shill. Someone with 3 posts comes here to tell me that I do not understand the technology.  Ok now I can tell you are full of shit. You aren't fooling anyone. You are an undercover fucking retard. - And I doubt the undercover status lol Anyway... I make enough money and invest smart enough to be able to make a ridiculous fortune off of IOTA if it goes well, just like I did from Bitcoin, and not be phased if it happens to go bad. So honestly, I don't give a fuck what you or anyone thinks in the end. LOL I'll wave at you from my yacht. I hope you invested at 1.8BN cap you can wave from your sinking rowing boat but nobody will come and save you now. This sock puppet is laughable and is probably david or cfb IOTA will be cloned many times soon and it won't seem so special. Assuming byteball is the product of 1 person is just another error you've made. I support that even over iota. Both will be overtaken by new DAG based projects in the future. I have no idea why people even respond to 2 post accounts that are obvious sock puppets anyway. Its always the same story..... I was suddenly motivated to sign up blah blah blah ..... all these years never once before wanted to sign in and discuss this project they are so passionate about. Man up and post under your main account. That was refreshing 
Github is not something that most devs use much of the time. It is really there to provide the open source code for the public. Any real dev is using a Git server of their own to share with the team or, if there is no team, they may not even need to have up to date code in multiple locations or they use a simpler method.
Sorry, I had to sign up just to say that you are uninformed. Just some background, I am a Senior Systems Engineer for a multi-million dollar company, and I manage two large teams in two different countries, and we definitely do use Github internally for all of our source control needs. We generally use GitKraken or SourceTree as the client/UI. On that note, what brought me here is IOTA. I and many colleagues of mine (who are engineers who have invested in Bitcoin and Ethereum) have read the whitepaper on IOTA, and have read and understood the available source code, and already understand the algorithms behind its quantum proof nature (Winternitz signatures), have all agreed that Directed Acyclic Graph based systems are going to eventually make Blockchain based systems irrelevant. Dude this is starting to look like a meme, some genius manager with 30 years of experience in whatever multi-million / billion dollar company makes a great long post about how such project is the best thing that has ever happened to humanity or how some other project is the worst shit ever that everyone should sell. And often times that guy has intelligent and educated friends who understand everything and who all agree with him. This all sounds like paid advertisements. |
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The indian developer of tenx TUHINA SINGH is my friend and she just told me that there will be a huge increase in price of TENX so HODL.
If I could only being to describe the amount of pure hate I have towards people in crypto... Humans are awesome? No...humans are scum. Pure unadulterated deviant scum. If I could punch your teeth in thru this monitor I would. Same here man, same here. Money brings the worst out of people. Selfishness. Lies. Self-importance. Manipulation. Lack of empathy. Oppression ... |
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Whoops looks like the price doesn't need me to go down  Might consider buying this again at 2k sats |
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7 millions for a shitty website and pdf, something that could be done by a schoolboy in his spare time, way to go guys
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Message from Robertas, the founder, today on Slack : Hello all,
I understand some of you have purchased MYST at a higher price right after the token sale and I understand that current price is hurting you, all of you. It does't hurt me, because I don't have any tokens yet, so I guess I can't relate to your pain yet.
This will not be a full update, but just some of the information you asked for.
Pictures you requested - I am uploading few pictures from our team gathering, which happened during this weekend (I guess we are bad at bragging so this all happened without any noise)
Some of the agenda points were:
- researching where we can find best top management and developers, with best experience and for a sensible price. Berlin and Kiev - rated highest, Berlin for it's crypto community and it's experience accumulated from various industries and Kiev for it's large pool of incredible developers;
- Deciding an operation structure - enabling for rapid scaling;
- Debating what kind of organisational structure we want to build, This one is tough - because it must tick both boxes: be effective and aligned with open community standards at the same time;
- Forming some partnerships with existing leading VPN providers, and I have reason to believe - we might have some success there (no announcements yet);
- Setting product development priorities;
- Setting legal protection priorities (internally we call this development "Legal product" - because it will go hand in hand with product development).
Product. We will build it. Period.
It might take a bit more time to roll out our I'st version than I first expected, but it's still coming. You will start seeing github updates a bit more frequently from now. And once we are ready to scale the team - the speed will just keep on increasing.
Someone mentioned Augustas, that he is working on a different project - all I can say is "Thank you Augustas, your help was very valuable, especially prior to token sale". @gfdgdr432 - I don't see a reason for witch-hunt. Augustas is not scamming any of you, at least not with Mysterium, obviously I can't talk about any future projects he will be involved in. He did his work with us and he was very professional in it. We mutually agreed - that it's ok for him leave this project as his daily job, so he could work on his new ventures and that we will not see any conflict in it. Yes some help would have been appreciated, but definitely only voluntary - no pressure from us.
Token sales is a new concept, where a team of usually only few individuals suddenly get access to previously unimaginable amounts of funding, all of it dedicated to project development. This method suddenly opened doors for everyone to take part in project earliest stages, where previously only rich and powerful had access to.
This is a game changer on many fronts and it will test the system and it's actors. It will for sure test the projects, investors, market.
Interesting thing to note is that those few individuals trying to build a successful company - now bear responsibility against thousands of people who placed their money and trust into these projects. Someone might compare token sale to an IPO, yet what's often forgotten - is that token sales are handled by same few individuals without PR departments taking the load of answering thousands of questions, without organisational structure - enabling rapid scaling, without teams in place - able to handle increased workload. All is on the shoulders of those few individuals.
In more traditional startup world - a startup would have a board member appointed by a VC and would deal with that person. You'd have a workshop or two during a course of the month, where you review results, set goals and then get back to work. Here we have almost 2000 people and many more in other channels. I admit - we were not prepared for this. Yes it's a shortcoming on our side, but we know about it - and will solve it (eventually).
You might say that we are stalling, but just like in washing your clothes - I don't usually report in every step, likewise we aren't in this process.
One thing is - we are definitely not gone and we will deliver. More on progress later, this was just a quick Sunday night update - it's passed midnight here.
Talk to you soon Just lost a lot of faith in this project lol The communication sucks First sentence already sets the stage I understand some of you have purchased MYST at a higher price right after the token sale and I understand that current price is hurting you, all of you. It does't hurt me, because I don't have any tokens yet, so I guess I can't relate to your pain yet. I mean what the hell, of course it doesn't hurt you you've got the millions from the ICO, but even if you don't have any tokens you can't relate to the fact that the people responsible for raising these millions for you in the first place are losing money because of your lack of organization and communication? Come on, the whole crypto space looks like it's being run by idiotic kids The rest of the post shows they had barely anything planned before the ICO, they're just a group of guys who got together and brainstormed about what idea they could find to raise millions, they agreed on the idea of a decentralized VPN then quickly wrote a whitepaper launched their website did their ICO and here they are like deer in the headlights, of course there is no communication they didn't plan anything in advance. Thousands of other teams could do a better job than them with less money |
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Well, I registered my email to get their invitation to be so kind to let me to try that WildSpark. No invitation followed. Just explain me, guys, aren't the devs just funny clowns? The only info they collected from me is my email, and well, may be, IP address. How, based on this data, can they make decision who to invite and who not to invite? Don't they like letters in my email address or figures in my IP? This shows their attitude and, I am afraid, competence. Damn, I'm laughing. Hey Yugu, I'm sorry, there must have been a bug in the form when you signed up. Please allow me to manually complete your registration process by asking you these questions: 1) What computer are you using? 2) When did you start using cryptocurrency? 3) What is your favorite color? 4) Cats, dogs or balloons? 5) If you could be one video on YouTube, what would it be? 6) You wake up in a dark alley, holding nothing but a sponge. Three men approach, one laughing manically. What do you do? 7) The number 74. For or against? Your answers will determine your place in line for being accepted to the WildSpark Beta. Thanks in advance. All you crying about Dor's response here lack any sort of vision whatsoever. This was exactly the most useful response that could have been rendered to Yugu's snowflake whine. With this, Elokane wins the internet for today. What the hell man, the main issue is that the CEO of Synereo actually spends the time to make that kind of long troll post instead of, you know, working using the investors' money. If they were focused on building their platform they wouldn't even feel the need to do that, it speaks volumes about the spirit of their team, and not good things I mean the CEO is trolling people on the internet, come on |
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Other fun facts If you say anything negative related to their project, even though sensible and objective, the "donators" come out to attack you Including the dev EK who said he wouldn't come on here anymore to focus on development. Even the moderator in the other moderated thread deleted some of the dev's posts yesterday when he realized how bad they made the project look. His arrogance has no bounds. They are so arrogant they believe that all the people who say anything negative about the project are all one and the same person, and that if it is negative then it is trolling. This is my only account ever on this forum, but they believe in their arrogance that I have a dozen accounts, that anything I say is to get the price down or because I am frustrated about buying too high or because I am frustrated that they made "more money than me". In their made-up castle in the sky they believe everyone is trying to join them, because they are so superior you know. They cannot imagine that someone could criticize them for reasons other than trying to bring the price down or frustration. Their self-importance stinks. There can be no objective discussion about facts, either you praise everything about the project and the devs and they accept you as part of their community, or they scorn you and attack you. In the other thread I told them, It's the arrogance of your community that makes me react more than anything else.
but they don't understand. They are too self-important to understand. I don't have any XEL, I sold them a long time ago for 2x profit, I won't buy in again anytime soon, they won't believe it of course. They will keep believing in their imagined superiority that all I want is to buy cheap. Well the price doesn't need me to go down, I didn't say anything for two weeks and the price went down very well by itself And it will keep going down for a while for the reasons I explained in the other thread. Anyone sensible would evaluate these reasons and admit that they fit the reality, but in their delusion of self-importance they can't because they can't think rationally anymore. And again the only reason I'm posting here is they delete my posts in the other thread, they just want to self-congratulate in their echo chamber over there. |
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Well, I registered my email to get their invitation to be so kind to let me to try that WildSpark. No invitation followed. Just explain me, guys, aren't the devs just funny clowns? The only info they collected from me is my email, and well, may be, IP address. How, based on this data, can they make decision who to invite and who not to invite? Don't they like letters in my email address or figures in my IP? This shows their attitude and, I am afraid, competence. Damn, I'm laughing. Hey Yugu, I'm sorry, there must have been a bug in the form when you signed up. Please allow me to manually complete your registration process by asking you these questions: 1) What computer are you using? 2) When did you start using cryptocurrency? 3) What is your favorite color? 4) Cats, dogs or balloons? 5) If you could be one video on YouTube, what would it be? 6) You wake up in a dark alley, holding nothing but a sponge. Three men approach, one laughing manically. What do you do? 7) The number 74. For or against? Your answers will determine your place in line for being accepted to the WildSpark Beta. Thanks in advance. Is this a joke? You guys have nothing better to do? |
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I remember investing in Dash aka Darkcoin when it was a measly 0.00005 and folks like you where all over the place. "Don't invest! Devs holds all of the coins!" And in that case it was even a much different situation as Darkcoin had no such clean and months long way of distribution as Elastic. It was basically an instamine. And yet, Dash went berserk right after i bought my first stake in it.
The only thing misleading here is to lure noobs into thinking they should look at the distribution of an asset when there are things to consider much more important than that. Think about marketcap in comparison to the competition, rate of inflation or the classical risk vs reward approach. All of that in combination with passionate developers and a clear goal and vision truly matters. While your advice is basically crap when it come to successful investing. Go ahead and checkout the starting distribution of lot and lots of projects and you will find no correlation between the two parameters, be it negative or positive. It will just distract you from the parameters that really matter.
Sure when the devs hold all the coins the thing can still explode, often because those devs are the ones artificially inflating the price. The parameters that matter depend on the scale you're looking at. Long term of course those you mentioned matter the most. Short/medium term not so much. I see this thread as an echo chamber with every page filled with "to the moon" and "best investment ever" and "stupid dumpers" and so on, but truth is newbies putting money into it right now will get burnt, because most of them won't hold long term. It's the arrogance of your community that makes me react more than anything else. You have no marketing, the devs are anonymous, top 100 balances hold nearly 90% of coins, most of them have made a 150x return on investment at current market price so tend to cash out a part of their stash, no surprise it's going down and likely will keep going down for a while. Yea what you mentioned will matter long term, right now it doesn't. |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
What was ICO price for 1 XEL? 700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then) didn't know it till today. Where can i find info about how many xel holders? at the bottom of the page Top 10 balances hold 50% of the circulating supply. LOL, how about you doing the most basic research before you start spreading crap? If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet. Try harder next time. Oh yea the XEL accounts of the exchanges, sitting at a whopping number of two! Besides Bittrex there is Heat (XEL-WESJ-3UCL-7UTC-894KZ) with 275,000 XEL and ... that's it I didn't take Bittrex into account my bad, that still doesn't look good Conservatively that makes 35-40% of the supply for the top 10 balances and 85-90% for the top 100 balances First, yes those 15m XEL of Bittrex MAKE a difference. Second if you want to examine the Donation/ICO-Distribution go ahead and have a look at the Donation/ICO-Distribution. But don't come after weeks of trading and whine about you not liking seeing some big accounts. It was pretty much the same shit back then : https://talk.elasticexplorer.org/t/important-check-the-genesis-block-carefully/105/24Top 10 balances had 30% of the supply, top 100 balances 80%, now it's worse (35-40% for top 10 balances, 85-90% for top 100 balances, accounting for the Bittrex wallet with conservative estimates on the distribution within the wallet, do the maths) I don't whine, I state facts. I know you guys love to attack anyone saying anything negative related to this project, the facts remain, don't lure newbies into investing in XEL right now when top 100 balances hold nearly 90% of the supply. Yea long term maybe it will go high, short and medium term it has a lot of room to go down |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
What was ICO price for 1 XEL? 700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then) didn't know it till today. Where can i find info about how many xel holders? at the bottom of the page Top 10 balances hold 50% of the circulating supply. LOL, how about you doing the most basic research before you start spreading crap? If you want to see the XEL-distribution after the ICO go and have a look at the genesis entry record. Since the network runs since a few weeks now lots of XEL have changed hands and the accounts you are naming "whales" here are nothing else then the XEL-accounts of the exchanges. Namely Bittrex on top with its 15Mio XEL wallet. Try harder next time. Oh yea the XEL accounts of the exchanges, sitting at a whopping number of two! Besides Bittrex there is Heat (XEL-WESJ-3UCL-7UTC-894KZ) with 275,000 XEL and ... that's it I didn't take Bittrex into account my bad, that still doesn't look good Conservatively that makes 35-40% of the supply for the top 10 balances and 85-90% for the top 100 balances |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
What was ICO price for 1 XEL? 700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then) didn't know it till today. Where can i find info about how many xel holders? at the bottom of the page Top 10 balances hold 50% of the circulating supply. Top 100 balances hold 94% of the circulating supply. The guy ranked 100 can dump 15 btc of XEL, the guy ranked 10 can dump 300 btc |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
What was ICO price for 1 XEL? 700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then) |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
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Or rather until what were thought by men to be "laws of the universe" just weren't so. |
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Anyone have any phantom news to share? Any updates?
This was posted by a Dev a few min ago on the Ryver chat: AntimoTue 7:21pm(edited) How's Phantom going? Will it be released this week or what. Ralf STue 7:23pm Build ready, final testing. StarlordTue 7:36pm I guess this is the last week to get cheap Shift good to hear Very good news, I think this rise will be epic, we should pass maid safe. Even higher  Could well do, maid is not near ready yet. Second place = first loser. Maid is a joke, I think. I don't understand why ppl still investing in. I think the joke is on you |
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Would it be accurate to summarize Blocknet as a direct peer-to-peer exchange of digital assets?
Direct peer-to-peer is a characteristic of a (truly) decentralized exchange. Another characteristic is that you can't get scammed (as opposed to classical peer-to-peer where someone could pretend he has the assets you're looking for and just run with your money, or where you would need to use an escrow for safety) |
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Where is the decentralization in all this, what do the MCO tokens allow them to do that they couldn't do without?
What I get from their whitepaper is that the MCO tokens are basically unregulated shares in their company, nothing more.
"MCO Asset Contract accrues a 1% licensing fee on transactions using the Monaco Card funded with ETH/BTC, as well as exchange transactions between ETH/BTC and fiat currencies. Over time MCO will be backed by a portfolio of the most popular ERC20 tokens. MCO holders will be able to access the portfolio through a mechanism called “REDEEM & BURN”
"At any time, a holder of MCO can “Redeem and Burn” the MCO for their pro-rata share of each token held by the MCO Asset Contract. The holder will irrevocably destroy the MCO, and in exchange, the MCO Asset Contract will transfer the underlying tokens to the holder."
So if they decide to stop backing the MCO tokens with their own funds the MCO tokens can become instantly worthless right?
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Aaron Swartzs are often times killed or driven to the grave by their governments, because they feel protected by their good intentions, they were raised with the belief "you do not attack good intentions", but do not understand that many people who seek government jobs are raised more with the ideal "you do not attack power".
Very true I think most people do not want to attack "good", not out of education or belief but because of how it feels. To materialists everything is relative (except for their belief in materialism), to them good and evil are relative, but feelings and emotions are ultimately the drive behind every of our actions and shape everything that we experience, they are what is most real, and so the ideal of goodness is not merely a belief, it is something more. To pursue good is not an empty quest, it is profoundly worth it and no rationalization could ever change that. And most people pursue "good", both the Swartzs and the people seeking government jobs, but the latter have been indoctrinated into associating power with good. They are both pursuing the same goal but the latter ones have been blinded by their education, that has ingrained into their mind that believing in the authority is good, and then Aaron Swartzs are singled out as threats to what they believe is good. But their belief is an artificial one, imposed upon them by those who seek control and power to have safety, by those who think about themselves before thinking about others. And those are afraid to let go of that control ultimately because they fear others. And it is fear that drives evil which drives more fear in an endless self-reinforcing circle. And if decentralization allows to break that circle, by forcing those in power to let go of their control, by showing the world that we are all inherently after the same thing, that no great catastrophe will come from allowing every individual to be free, that the will for good is more powerful than evil, that there is more good in each and everyone of us than we tend to think, then good will self-reinforce rather than fear and then we all win. |
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