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1021  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: July 10, 2017, 04:19:26 PM
Where is a bottom for AMP at your opinion?

Around 9 k , maybe 6

Looks like i was correct but i'm not sure 6k will hold.

Wow good job troll, spreading all this FUD in this thread with all your lies and things like that.

I think it will rebounce, anyone who listens to trolls is pretty stupid anyway.
1022  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: July 10, 2017, 12:55:31 PM

But at the same time I also see its pitfalls: a lot premined, small team, slow progression, still in beta phase of a very preliminary product (wildspark is not the great idea that will make AMP big).

I hope you are joking here, the Wildspak product is perfect, there is nothing like it at the moment, no competitors, nothing, and the idea is very attractive.

There is not a single advertising network currently like that. If Wildspark becomes like a mobile/desktop based cryptocurrency AD network, then the price can reach to the stars.

It's only potential competitor is BAT, but that is limited to the Brave browser. AMP is not , it's an addon that can work anywhere + I expect a mobile app later....

It is going to the stars after open beta!  Wink
1023  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: July 10, 2017, 11:04:59 AM

People sold at 600 satoshis for the same reason they are selling today.  FEAR, UNCERTAINTY, and DOUBT

Look at what happened to those who sold at 600 satoshis when BTC was $230.  Those people are crying today.  The people who are selling today will be crying tomorrow.  Welcome to the world of investing.

Whenever the price goes down you see these trolls appearing out of nowhere to try to destroy the reputation of AMP.

Whenever the price goes up they say that it's because it's pumped by scammers.


These trolls are relentless, they invent all kinds of crazy reasons just to destroy the reputation of AMP, but they never acknowledge that AMP is stable simply because it's a great project, and they are just crazy trolls for not seeing this.


 Ethereum > 400 %, ETC > 500 %, Dash > 700 %, XRP > 300 %. Sure, man. You sound legit  Roll Eyes

Ok I was wrong there, but how do you know if AMP won't go up 700% in the next 6 months. It basically got delayed due to the December fiasco with the CTO leaving.

If that didn't happened, then AMP would be already next to ETH basically. It has a lot of hidden potential that people can't appreciate.
1024  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ☘☘☘☘ Edgeless EDG Tokens On Bittrex and Liqui.io (BLACKJACK BETA LIVE)☘☘☘☘ on: July 10, 2017, 10:58:21 AM
Getting licenses and business on board is the key here. Supposing that happens, EDG would have a bright future. I support the project and look forward to seeing Edgeless prosper. It is definitely not a simple short term hodl.

If the Assian dev complete the legal process and licenses, we can see $1 very easily, I believe. As an early adopter of edgeless project, the best I like to see is updates from the team regularly. Other projects don't do this.

I can see 10$ easily too, this team is very serious and very competent. Investors will trust them a lot, which raises the value of EDG massively.
When the ICO was over I already told myself that this project is undervalued, now that development has started to take place
and everything will be set in the near future investors are jumping. I can already tell that this year edgeless will give full of surprises.

Yes nobody is selling EDG despite the BTC dump, I think once the BTC dump ends, this coin can easily go to the stars.

I have already bought champagne for celebration, I just have to wait for it.
That's vital as well but what is more vital now is the approval of license application, everything is set to make it operational but permit and licenses is a big factor that will make investors to put their money on the project. When it was new we were talking about 1 dollar and I believe when license come out we will be talking for a bigger amount then, 10 dollars could be the least.

Don't worry it will probably be granted. Another crypto casino has already got a license there so the regulators there are not that string as in other places.

They approve almost anything they just want their fee anyway...
1025  Bitcoin / Electrum / Audited Electrum - Found a potential issue on: July 10, 2017, 10:37:04 AM
I am no cryptographic expert, and I am moderately good in python, but I still audited the Electrum Source code to the best of my knowledge:

https://steemit.com/programming/@profitgenerator/electrum-bitcoin-wallet-code-audit



And I have found some issues:

It's the custom_entropy parameter of the make_seed function.

I kind of understood what this code does, it basically replaces an X amount of entropy from the PRNG number with the number you specify there, where X is the entropy difference between the num_bits and the entropy value of that integer.

Now there is 1 issue here:

Code:
n_custom = int(math.ceil(math.log(custom_entropy, 2)))

The math.log(custom_entropy, 2) is not the entropy of the custom number. Entropy is the "size of the haystack" basically.

Entropy is the Shannon Entropy, so if we pick 1 number out of 250, that is 50 bits of entropy, but just taking the log2 value of a number is not it's entropy, it's more like it's bit size, it's bit length in binary, but not it's entropy.

This would assume that the binary length of the custom_entropy string is the same as the entropy value of it. Which is a wild assumption, not really true in most cases. I mean what is the entropy of a string 1111111111111111111111111111111111111111111111111111111111111111111, probably zero yet it's length is 6 bits. So this is a stupid assuption to make.

I think this custom entropy function should be designed or removed entirely, it places false trust in the entropy of what people supply to it. Or maybe it should be added not subtracted:

Code:
n = max(16, num_bits + n_custom)

The second issue is the multiplication part:

Code:
custom_entropy * (my_entropy + nonce)

I am no cryptographic expert, but I have researched this subject, it turns out that multiplication lowers entropy.

So multiplying 2 numbers gives massively less entropy than concatenating them. In fact the only way to preserve or add entropy is to concatenate strings or encode them into different ways.

So in this case I think this part of the code is flawed. Either some cryptographic expert vets this code or I think it should be removed since it's kind of looks like flawed to me.
1026  Other / Beginners & Help / Re: Features that you suggest may be necessary on: July 10, 2017, 03:45:35 AM
  • Quantum secure signing algorithm
  • Perfect Forward Secrecy proven, which I am not sure AES based algorithms have, they could be vulnerable in the future
  • Scaleable decentralization, no server farms, everyone should be a node
  • Trusted hardware, it's worthless to have a full node without the means to know that the hardware is trusted
  • Meshnet, in case the internet gets shut down
  • Deterministic software programming ,so that we know each bit is trustworty and comes from the same source

Yeah these would be nice, the crypto world is still very young, it will take a lot of work to achieve these.
1027  Other / Beginners & Help / Re: What is this number? 2.401E-5 BTC on: July 10, 2017, 03:40:40 AM
Hey,

So I know decimals and kind of know what the 2.401E-5 represents, but can someone bring it back to the 0.00000000 format for me? I have to think of 2.4 as 0.00002401 or something?

Thanks Smiley

E means the base of 10, in kind of a scientific notation.

So it's 10^-5, which is 0.00001

So you have 2.401 * 0.00001 = 0.00002401
1028  Economy / Web Wallets / Re: Best online Bitcoin wallet ? on: July 10, 2017, 03:39:06 AM
Hello,
I am looking for a good online Bitcoin wallet.
I want a wallet that respect my privacy (no log, no asking for ID card, no asking for my first name, etc...).
Low fee.
Do you have any idea ?

Don't use online wallets HTTPS is not entirely safe.

Better use a downloadable wallet, like electrum:

https://electrum.org/#home

Sending over passwords via internet is not a good idea, HTTPS is not entirely safe. At least enable 2FA but even then the phone can be hacked.

It's just best if you keep it local.
1029  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ☘☘☘☘ Edgeless EDG Tokens On Bittrex and Liqui.io (BLACKJACK BETA LIVE)☘☘☘☘ on: July 10, 2017, 01:31:37 AM
Getting licenses and business on board is the key here. Supposing that happens, EDG would have a bright future. I support the project and look forward to seeing Edgeless prosper. It is definitely not a simple short term hodl.

If the Assian dev complete the legal process and licenses, we can see $1 very easily, I believe. As an early adopter of edgeless project, the best I like to see is updates from the team regularly. Other projects don't do this.

I can see 10$ easily too, this team is very serious and very competent. Investors will trust them a lot, which raises the value of EDG massively.
When the ICO was over I already told myself that this project is undervalued, now that development has started to take place
and everything will be set in the near future investors are jumping. I can already tell that this year edgeless will give full of surprises.

Yes nobody is selling EDG despite the BTC dump, I think once the BTC dump ends, this coin can easily go to the stars.

I have already bought champagne for celebration, I just have to wait for it.
1030  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: July 10, 2017, 01:25:50 AM
It's not me who is selling, so blame the others.
I don't think anyone should be blamed. It is a free market and everyone does as he wants. As you said, you bought very cheap so you are not in a loss. Maybe others bought much more at much higher prices. They should sell.


Not for me, I am still in profit, 100% ROI still. I bought super cheap.
Actually 100 % ROI at this stage is nothing. If you bought the topcoins like Bitcoin, Ethereum, Dash, Ripple ... you ROI would have been insanely higher.

EDIT: If price keeps dropping your ROI will soon be 0 %.

I have 100% ROI compared to BTC. Compared to USD it's higher.

No actually I made more ROI with this coin that with the majority of other large coins.

I can't speak for small coins (althought I invested in those too) but there things are more uncertain. I see a lot more clarity with AMP.



You know people are pretty stupid to sell AMP now.

I have been here for 6 months, I could have sold anytime I wanted, but I didn't because I look for the longterm prospects.

The prospects of this project can be astronomical. There are no competitors, the team can easily create something extremely valuable.


I'd be laughing at people who sold at 15000 satoshi when the price gets 150,000 satoshi. Mark my words, I'll use this post as a reference, archive it!
1031  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ☘☘☘☘ Edgeless EDG Tokens On Bittrex and Liqui.io (BLACKJACK BETA LIVE)☘☘☘☘ on: July 10, 2017, 01:22:53 AM
Getting licenses and business on board is the key here. Supposing that happens, EDG would have a bright future. I support the project and look forward to seeing Edgeless prosper. It is definitely not a simple short term hodl.

If the Assian dev complete the legal process and licenses, we can see $1 very easily, I believe. As an early adopter of edgeless project, the best I like to see is updates from the team regularly. Other projects don't do this.

I can see 10$ easily too, this team is very serious and very competent. Investors will trust them a lot, which raises the value of EDG massively.
1032  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ☘☘☘☘ Edgeless EDG Tokens On Bittrex and Liqui.io (BLACKJACK BETA LIVE)☘☘☘☘ on: July 10, 2017, 01:03:56 AM
EDG still strong when all altcoin market in red colour. Dump some % is normally for altcoin, then recover again to right price.
I remember when i got almost 20k EDG from bounty and sold under 15k sats, very regret for me when i see current price. Congrats to all bounty hunter of EDG who still hold until now, you're the winner.

Is the bounty over? I have heard that many people are still doing twitter and facebook. What is the status?
Bounty is already over a long time ago and distribution as well, I don't with the people who are still talking about the twitter and facebook bounty.
I only see those people who participated in the signature campaign who receive a good number of EDG tokens and they are lucky now if they
have not dump it since the price is rising despite most alts are on the downtrend.

I see, can people still join the signature campaign or is it locked?
No mate, please do read carefully the past posts so you will find out that the campaign is already over.
The ICO was successful and devs are now using the money gathered to develop their project.
Your chance to acquire edg tokens is to buy in exchanges like bittrex or liqui, buy now before it's too late.

Don't worry I have already bought EDG tokens I was just wondering if I could tell me friend to join a sig campaign since he wanted some free EDG too.

Looks like he has to buy now.


Could you elaborate on how the profits will be shared ? I am very interested in EDG. Transparency in gambling will attract serious amounts of people, but I am more interested in profit sharing. I like things that payback for holding/staking

I dont know the tech side of it, better read the whitepaper.
1033  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 09, 2017, 09:15:31 AM
Steem total supply is ?
Thanks

253,217,156.608 STEEM

Actually there's a logic. Whales dump the coin they get for free. People who don't know Steemit platform but see it in exchanges buy the coin. They regret and hold or sell for loss. Cycle continue with new people. Polo price is more than Trex, some people think arbitrage is a good idea but they don't know Polo deposit/withdrawal is not active.

Polo deposit/withdraw has been active for a few days.

Most of the early whales have already dumped.

Your comment suggests STEEM is nothing but a one way downward trend but that is wrong. It is up 20x from a few months ago, and the market cap recently broke the ATH and is still reasonably close to one.

As with all coins profit and loss are possible. Traders should be informed and trade with care.

Actually as more whales dump mostly middle class people now buy in. I rarely see now people with over 100,000$ accounts, but I see many people with 30,000-50,000$ account who most of the time just bought them recently.

So new breeds of like medium fishes coming into the ocean, they hold the coin for a mid-long term trade in my opinion, while the whales are actually in for it longer, most of the time they just power down and send the money to an alt -account for security reasons.

So the STEEM gets distributed more equally, even though whales might control more accounts so the ownership is still tight.

I'd expect more selling from newbies who just earned 50$ and want to cashout to see if they can. I don't expect that much selling from whales though.
1034  Other / Beginners & Help / Re: Is that safe to buy a used hardware wallet ? on: July 09, 2017, 07:15:42 AM

Is there any danger to use a second hand hardware wallet ?


There could be, if the user is a smart tech savvy person he could reprogram the firmware of the device and steal your coins.

It's always a good idea to reflash a second-hand hadrware wallet before using it.
1035  Other / Beginners & Help / Re: What is the cause for certain alt coins to raise drastically? on: July 09, 2017, 07:14:23 AM
There are pump and dump teams that operate on major exchanges.

Mostly Chinese from what I have seen, they love to play around with altcoins so if your coin jumps 400% in 1 hour, it's probably a good idea to not buy into that since it's just a manipulation phase.

I'd just keep a buy order for an alrcoin when it goes south and then keep a sell order at high levels in case somebody pumps it up to the stars.
1036  Other / Beginners & Help / Re: Wallet vs Exchange on: July 09, 2017, 07:12:46 AM
Ok,

my question is, how much coins you keep in wallet and how much on exchanges?

Is it like 50/50 or more like 90/10?



More like 99% to 1%

Only keep money on exchange when you directly have to trade coins, like the trading part of your portfolio.

The rest of it on offline computer only or hardware wallet.
1037  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Changelly.com - instant exchange. VISA/Mastercard accepted. on: July 09, 2017, 06:47:21 AM
I have wrote a detailed review about Changelly here:

https://steemit.com/money/@profitgenerator/changelly-review


In my opinion it's a very trustworthy and easy to use exchange. Both me and my accountant use this exchange to swap cryptocurrencies. We had no problems using them and we had exchanged more than 11 BTC worth of coins there.

It looks like many newbies are posting questionable complaints in this thread, for all we know they could be fake disinformation agents hired by a competitor to slander Changelly.

I find it very hard to believe those accusations, since I have exchanged a lot of money through them and had 0 issues.
1038  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ☘☘☘☘ Edgeless EDG Tokens On Bittrex and Liqui.io (BLACKJACK BETA LIVE)☘☘☘☘ on: July 09, 2017, 06:12:26 AM
EDG still strong when all altcoin market in red colour. Dump some % is normally for altcoin, then recover again to right price.
I remember when i got almost 20k EDG from bounty and sold under 15k sats, very regret for me when i see current price. Congrats to all bounty hunter of EDG who still hold until now, you're the winner.

Is the bounty over? I have heard that many people are still doing twitter and facebook. What is the status?
Bounty is already over a long time ago and distribution as well, I don't with the people who are still talking about the twitter and facebook bounty.
I only see those people who participated in the signature campaign who receive a good number of EDG tokens and they are lucky now if they
have not dump it since the price is rising despite most alts are on the downtrend.

I see, can people still join the signature campaign or is it locked?
1039  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ☘☘☘☘ Edgeless EDG Tokens On Bittrex and Liqui.io (BLACKJACK BETA LIVE)☘☘☘☘ on: July 09, 2017, 02:45:21 AM
EDG still strong when all altcoin market in red colour. Dump some % is normally for altcoin, then recover again to right price.
I remember when i got almost 20k EDG from bounty and sold under 15k sats, very regret for me when i see current price. Congrats to all bounty hunter of EDG who still hold until now, you're the winner.

Is the bounty over? I have heard that many people are still doing twitter and facebook. What is the status?
1040  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ☘☘☘☘ Edgeless EDG Tokens On Bittrex and Liqui.io (BLACKJACK BETA LIVE)☘☘☘☘ on: July 09, 2017, 02:03:41 AM
Looks like notbig problem to get licance 20000$ yearly  is enough
https://fastoffshore.com/what-we-do/packaged-services/online-gambling-license-in-curacao/

Yeah Breakout coin has got a gaming license in Curacao too. Not sure if there is a big difference between all the gaming license providers.

http://bitcoinist.com/breakout-gaming-group-secures-curacao-gaming-license/


I kind of have been afraid that they might not grant the license to cryptocurrencies given how "out of the box" they are, but if you are telling me that BRK got their license too, then why wouldn't they grant one to EDG as well?

It looks like we will get a green line, and that means that EDG price will skyrocket soon in my view!

Still don't understand what is the benefit of an investor/long term holder.

Any rev-share like with other coins? staking? masternodes?

Yes the profits of the EDG casino will be shared with EDG holders/
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