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OK. So we've got Binance, one of the most successful unregulated centralised exchanges to open in recent times. Incredible ICO, incredible BNB growth, terrible reputation so far with security (don't let their hacker bounties fool you). Japan wants to seek further investigation on them, but they've just moved their HQ to Malta, where the government there has openly welcomed them with warmth and conveniently overlooking all the criticisms pointed at them.
I'm thinking now: is this going to set a wave of companies moving operations to these small friendly crypto jurisdictions? Malta? Gibraltar? Switzerland? What to make of it?
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The possibility is high. Bitcoin supports anonymity of users. This feature allows anyone to make transactions regardless of legality and without the government regulating the transactions, criminals are free to do whatever they want. This is one of the disadvantages of bitcoin and the sad truth is we cannot control it, no one can. According to this article, "The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s ability to find money laundering and tax evasion and terrorist funding is a good thing." https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/You need to brush up on your knowledge. Bitcoin has supported user privacy, but has always been, at best, pseudo-anonymous. Bill Gates and Melinda Gates may have said so accurately with the knowledge at the time. But if Snowden thinks that Bitcoin is not suitable because of its public, transparent, distributed ledger, then he is only demonstrating Bitcoin's most basic feature. He thinks it's even a flaw. And tell all the alphabay and silk road criminals who got caught how anonymous Bitcoin is! |
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Oh don't worry about teens. If we who didn't have internet in our teens, and the millenials who grew up with it could learn to educate themselves from any phone and any time can do it, I don't see how today's super connected youngsters can't pick it up on their own. Access has never been easier and never been cheaper. As you said, interest alone is good enough and often drives people individually. My only concern is for youths in places which still have no access. Bitcoin was meant for the world, but we have to admit, millions still can never dream of connecting to our world, less of all own Bitcoin.
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They did it before, and uproars have happened. Didn't stop them from producing even more out of absolute thin air. It's like they really don't care anymore about the critical condition of crypto, and just want to fuel the fire, get out as much as they can while they still can. If they think they can artificially boost crypto demand by making available more worthless Tethers, which by the way even at current value immediately loses millions... and worse, if traders allow it to happen, which they will, this will just be another element of actual financial world creeping into crypto.
What can we do about it? Or are we willing to do anything about it?
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Nice brochure... who are your notable past partners? As far as I know, actually there is not yet a fully recognized jurisdiction anywhere in the world as of yet. I know they are working on a few in some countries but this will take years for all the lawyers to pass the laws (sorry I don't know the exact process but it took Japan so many years only to introduce Bitcoin as a legal currency). You didn't mention any clients in the brochure, would you care to share a couple? I know you might say this is private, but surely past ICOs would actually benefit from the transparency of sharing this info?
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Great question, if you like mysteries. But there are actually so many types of wallet addresses like this, such as Satoshi's supposed addresses, which have not seen spends for more than 3, almost 4 or 5 years in some cases.
People keep sending transactions, perhaps as a form of tipping, perhaps just random trolling from big whales, perhaps others try to mask their trails and make it more difficult to track them down. Or, some use it to send messages, with the small pieces of random hellos encoded in the blockchain.
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Welcome to the world of crypto gambling! I think it's great to see another entrant, and finally someone doing something a little different. I don't have much experience with racing gambling (in my country they only have horse racing but these are less and less popular now with people as only the rich go to watch the races. Plus of course all the social uproar about the treatment of horses.
Any chance you will offer live updates (not televised) of the races? I know it's pointless in fixed odds, but there is some kind of market in Asia for live updates, it might still affect how people gamble on upcoming races.
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Nice, simple, to the point. Stretch out that triangle (zoom in on the end) though and you see that the purple line has already been broken several times these few months, so I suppose it does mean good news in the sense that even when support breaks, there's still enough strength in Bitcoin to move back higher. We saw post G20 of 9k and the mid-8000s support, will be curious if Monday still manages to hold these levels or break past 9k and aim for the big old 10 again.
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There really are all these ERC20 collectible games, aren't there? We've got the kitties, we've got fighting birds, I saw racing cars in another thread and now CryptoLeaders? If Kitties could break the blockchain, I shudder to think what's 10 games getting popular would do to ETH. Shouldn't they just... find another platform to run on? Like Waves maybe? Fast, cheap, new. Cool.
PS: add Mahatma Gandhi and I'll buy him.
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What a refreshing day. I did my best to ignore prices of my alts (can't help looking at BTC price it's almost everywhere I visit) and even though they're actually lower than when I last checked last week, they're not beyond my pessimist expectations. I bought the majority of my ETH (first buy) just above $400 so even this "low price" is still a solid 25% profit in a matter of months.
$400 is definitely the support line for me, recalling that that was its first ATH breach of last spring, and struggling to get past it twice before finally moving on to the beyond of $1k. Remember this Eth 2.0 hasn't even finished yet. Watch the skies when that does happen.
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Hope you've learnt your lesson here. Nowhere online is it okay to promote a coin. It's called shilling at best, it's called spamming at worst. My advice: just open another support ticket, or respond to the one you opened. And wait. You broke a rule and it's not uncommon at all for spammers to be ignored. That's what happens when you break rules (which actually is just common sense). To ask in the Yobit thread directly: https://bitcointalk.org/index.php?topic=914975.0 |
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Have you opened the proper support ticket channels and have you received a response? I hope you tried following up every month to keep the pressure up. Your wallet provider Chip-Chap is terrible, please stop using it. You should have been able to specify a BTC address for withdrawal, why on earth did the wallet deposit into that hotwallet address?
Anyway, they're recruiting a ton of new support. Maybe you get lucky. But why did you wait so long?
Lesson: use your own wallet. Never a service provider that can f you up.
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I think Byteball is a very innovative cryptocurrency, and quite underpriced for the level of development the currency has right now.
For you who looks for a project with social benefits, it brings conditional smart-payments, which opens up a range of possibilities in the insurance sector.
It uses a new consensus mechanism (DAG) to allow the best possible level of scalability. It has already a very user-friendly wallet, and development happens continuously. so keep an eye on it.
That's a really interesting take on Byteball, of which I'm quite proud to have been an early adopter (just too bad I had hardly any bitcoin when the early rounds were first distributed). Yes, it's underpriced, yes, it's undergoing a period of transition now and yes, it has some amazing technology that I've managed to use myself with success (first time I ever tried conditional smart payments on any crypto ever). I never realised it would have social benefits though... and I'm not sure it can argue to have that side to it. Yes, it's good for the community, they had a great spirit of adoption and the devs keep thinking of useful ways to get even more users on board. But social change? |
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Thanks to Rodeo for this game, big hug to Franky for sharing! I received the prize, thank you very much!
And no, I did not need to use Google, Franky was as obvious as you could get... although of course I Googled the location right after, out of curiosity.
Mpamaegbu, don;t worry about digaran... he's just a full time professional troll. Scrape a little away and you find he's pretty much a Bitcoin nice guy, he just has a reputation to uphold. Which part of Africa are you in, are you close enough to Namibia to try and claim the prize?
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I suppose you have a point. All the lows blamed on the whales were just as effectively executed as all the highs, I guess we just forgot about them in all this despair. Of course, it would be nice if the whales told us what they were going to do, so we can all hitch on their tales and ride the same waves, but whales do their own thing. Years from now, we will have to start relying only on ourselves, the era of whales cannot go on too long. It's not healthy for the mainstream (that's us).
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Is it real if Cardano grows in market cap but the price will remain unde 10$?
The current all time high for cardano is actually over $1 so there is some real room for growth here. But it is a big market cap coin and it'll be pretty hard for it to move too much on the upside. It's probably not going to exceed LTC or ETH's market cap for the long term, even though it definitely may if there is enough hype in the short term. So yeah, I'd say that $10 is a good ceiling for now, perhaps even lower at around $3-5. Realistically you won't see prices over those figures. All these coins with market cap "problems" will always show the most glaring losses. Let's talk about Ripple for example. Now I firmly believe crypto is in a huge, long-term bear period. I thought it would not come so soon, but every week that passes shows more and more signs that the long winter is here. If anything, we could even be headed for lower lows, and alts like Cardano, because they are not used outside of their ecosystems, might even drop more. After all 20 cents to 10 cents is not so much a 50% drop but a further 10% drop from it's all time high. But if you're learning to learn, then the lesson is you hold, if you believe. That's the self-fulfilling prophecy. We might wait 2 years but a return to ATH has to be there. |
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Looks like there will never be a shortage of dice sites. And I say, power to everyone for bringing more competition to the industry. Tried out a few games, decent enough but I will be honest and say that right now, there is nothing very special to keep me coming back.
For users with sound problems like me, just right click on your tab with the site in it and choose Mute sound. Then it no longer becomes annoying.
And yes: if you want your site to grow. Chat rooms. Seriously. We all like chatting while playing, don't we?
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Nice streaks on yahoo, and good job on him. I noticed a very different trend in bitcoin dice gamblers, things I would never witness in other online casinos (well they never had dice games so I guess this is the one most unique thing about dice!), where you would see them hit and run. They hardly appear much. They hardly stop to chat. But when they do come, they lay down a huge deposit, bet like crazy and usually, more often that not, win.
Whether they are in profit or not overall, I actually think they don't care. Since these same guys usually tip a lot, win or lose. Never met these kinds of people in real life.
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I held a quite decent bag of SONM but after doing some thorough research and comparisons I sold all and put it on a safe bet for the long run, i.e. iExec / RLC.
My reason?
Decentralized computing / super-computing / grid-computing is a buzzword any of them 3 companies (RLC, GNT, SONM) is using. However this is some heavy shit technology wise and requires a lot of experience. It's not like you can just make an ICO with that theme and expect to have something decently working after a few months. So why iExec / RLC? Because they (their team) has been working on this field for several years now (even several decades). It consists of industry-proven researchers who hold Ph.D.s in this area and contribute to the top-notch research papers in the field. The iExec / RLC platform uses an open-source software the team has been developing on over the last 16 years.. This platform is already being used in industry projects (e.g. Larage Hadron Collider - CERN). They have delivered their V1 on time and are currently working on V2 which is scheduled for coming May. They have in fact been talking with IBM and were invited to the IBM Think Days 19-22 March 2018 where they'll presenet about Cloud Security.
Current Status:
So why is it that iExec / RLC who is obviously miles ahead of GNT and SONM has a lower market cap than those two? Simple. It's marketing. At the moment they do not focus on marketing, however they stated that having outrolled V2 in a few months, they'll focus on tier-one partnerships and marketing which will be a lot easier if you have a solid working version of your product not just hype and a whitepaper. The price of iExec / RLC is far too low at the moment, which IMO is the best time to get in. Note however, that as soon as V2 is online and the marketing machinery starts, this project will take off.
Hey, don't forget the super darkhorse in the mix there, Elastic (XEL) which moves more or less the same line of decentralized supercomputing power with the difference that it is a voluntary project that never ran an ICO. I'm guilty of having bought it when it was probably way overvalued at the time, almost a year ago, but their slow and steady progress towards the product shouldn't be overlooked. It didn't skyrocket in price, it's been very quiet but they're looking for meaningful collaborations and looks really much like the sleeping giant most people claim their coin to be. |
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Pretty big waves made recently with NEM, I see those PRs floating around with NEM tags about stealth projects finally emerging. It made a really hefty 40% jump last week after entering a new floor - one of the few I bought for 24-hour turnarounds, I only made 20% profits though, didn't expect them to pump so quickly and sell orders triggered overnight. That's probably why the volume's taken a hit. Profit taking.
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