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. |
|
|
|
|
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.
|
|
|
|
Funny you mention that, Coincheck (large Japan exchange) just dropped support for Monero, Dash, and Zcash. Who cares? They'll just lose 5% of their business, probably to Binance. If the govts are able to really ramp up the crackdowns on privacy coins, decentralized exchanges will just become more widespread.
Also today it was revealed that NSA has been sniffing and tracking Bitcoin users since 2013. Exactly what paranoid people expected the whole time.
All bullish signals for the privacy coin markets.
Yeah, exactly, who cares? Coincheck have had huge problems with hacking and with verifying their users. The Japanese government already is investigating them for all their failures to comply, so they're probably dropping all these anonymous coins to reduce their risk exposure. I will say one thing though, Verge benefited from early hype pumps, thanks to good old McAfee... but it does have some technological value. Whether or not it will prove to be better or more used than coins like Monero, can't say. Privacy coins already had their huge runs, they're now struggling just like any other alt. |
|
|
|
|
The principle might be "solid" but none of these companies, not even the one you say you trust the most, can show you any proper documentation that proves how solid their business model is. All you get from them is some kind of simple calculator for profits, but they don't even dare to show you a financial record for their past years of operation, or even their average profits made for each customer.
So no, I don't think they really know what they are doing (except make good money for themselves).
|
|
|
|
|
Pretty cool competition to hold. I've read before about geocaching and some friends and I used to play something similar when we were young. Not using GPS coordinates just simple compass bearings though. I will confess I have no idea about Africa, I guess mostly stereotyped images. Namibia is a very old culture and I take it OP was visiting the nature reserve on a safari. I'm not sure anyone living outside there would venture in for the coins, but good luck to any Africans who live nearby. The signboard photo should be "easy" enough to spot.
Power to bitcoin on the continent!
|
|
|
|
|
Okonjima nature reserve should be the location!
|
|
|
|
|
Hard to tell, isn't it? Two years ago, Bitcoin was hovering around the hundreds of dollar range, and yes, a move by several hundred dollars could have meant a doubling or even tripling. Not quite as easy to get that now once Bitcoin has past 10k. I don't see doublings anymore since December last year. As far as I know, I've seen short term traders, or rather, day traders say they get a lot of success, but then you see totally conflicting TA charts, and both sides make money, so really I think in day trading the swings means almost any TA can get "correct" results, depending on how they're seen.
|
|
|
|
|
What's so rebellious about leaving Ethereum? If they were even ever on it, then they weren't exactly rebels in the first place, were they? And as much as I hated Ethereum and what they did when faced with DAO (their own mistake, their own undoing), I suppose they were rebels in the way that they just abandoned everything that was precious about blockchain when they just rewinded to save their own asses.
Oh and trying to get on Binance? Rebellious indeed.
|
|
|
|
|
So strange that you would say Ethereum classic is a useless crypto, when there so many in the top 25 that are equally useless (by your definition). At the very least, it was an original project. Even Bitcoin Cash is a shameless fork that has already become so far inferior to Bitcoin in just 7 months. What's surprising is other people who agree ETC is useless and should "disappear". I feel like crypto people have become so disrespectful of the early blockchain developers.
|
|
|
|
Since the beginning of the new year, the past three months has seen most cryptocurrencies lose over 60 percent of their values. Bearish markets have started to spark 2014 memories when BTC/USD markets and many altcoins suffered from a year-long downturn. Surely there have been few similarities to the current 2018 bear run and the one that took place in year 2014 where the price of BTC dropped from $864 per coin to roughly $200 over the course of the year did you think bitcoin is repeating the same bear run.  If that's the case, then bring it on. I'm ready for two years of earning in bitcoin and cheap crypto, since I am not a selling type anyway. In fact, I'm ready to hold on even if Bitcoin drops below $5k... though by that time, if it drops even to $1k I'll be a super holder since I will already have lost so much. No stop losses for the hodler, do or die, 2020 is the very earliest I'll consider liquidating. Just remember, 2014 and 2018 is not at all the same. We've got a much more liquid market, and a lot of new people entering every day. |
|
|
|
|
I'd like to mention a site, playforcrypto.com
Now, they openly said that they have a web browser mining tool that is enabled, and can be blocked, so I want to state this. It is basically a chat website where you can also play games to earn crypto. They have been good, but every since they enabled web mining via browser, which is supposed to be optional, my javascript blocker keeps giving me errors AND the script still appears to mine even though I block it. This may not be intentional at all, and I raised it in chat, but maybe some attention can be given here.
|
|
|
|
|
McAfee will be feeling a real need to scratch the 2020 prediction itch, after predicting half a million and then doubling down to 1 million. At least these types of predictions are a lot more researched, but I think I'm leaning at the moment towards the more reasonable yet simple predictions of GDP and things like that. We have to realize that 2020 isn't that far away, and 91k is more than 10 times today's rate. Not impossible, but we shouldn't stick to our x10 and x5 predictions that we're so getting used to in crypto.
|
|
|
|
Those who invested in Waves are not very pleased at the moment. But for future, I recommend you to hold some waves in your hands so that you will not regret it.
I also invested in Waves mid 2017 at around $3.5, I split my money buying some Neo and Waves, Neo was around $8 and Waves around $3. I am not very happy with the performance of Waves while Neo is still 8x from that price. I plan on hodling until it gives me a big return. Actually, I'm very pleased with Waves and I'm very sure a lot of people are. I got in also around $3 to $3.5, but now even below $5 is extremely good value to me so I don't mind topping it up every now and then, all the while leasing it for a small amount (I see it as free transaction fees for the future). It is struggling now, but so is the rest of crypto! When it gets back to $10, which it will, we'll all be relaxed. And that growth is not going to stop there. Just look at all the developments and merchant onboarding Sacha is working on. That's going to pay dividends. |
|
|
|
|
Thanks for the link, but I was pretty sure a lot of economists already think that we are well into the 3rd industrial revolution - we already see the vestiges of the 2nd crumbling all around us even from the 1990s. Remember that the internet was already built to distribute information, making it open access to all and centralized economies began tumbling after Soviet Union dissolved. What is happening right now is actually the fight back from states and corporations to retain control. We see it with how the internet is getting silo'd by people like Google and Facebook, and banks trying to take control back by regulating bitcoin and crypto.
|
|
|
|
|
It's really impossible to tell now with anything. Outside of Bitcoin, where we anyway know we can't control or predict, I look at the past 6 weeks for every alt I hold and almost all of them are extremely bullish in news. Superb development progress, all ahead of schedule. New teams, rebranding, marketing, new updates, new merchants, adoptions. NEO is no different, nothing to mention any sort of drastic devaluation, and yet this is what's happening to it.
Every week looks like a good buy line. Then the following week presents you with yet another better entry.
|
|
|
|
|
Got a point there mate. If I had done the exact same thing, I would have had lots of riches with coins like mrai (or was it xrai now), now rebranded to Nano. I got bored and sold them for what I thought was profit. Idiot right? Then again, if I went to sleep after June 2016, all the coins I bought then would be at serious losses right now: Siacoin for example. Glad I stayed awake every month until January, when I was able to sell off everything I needed to break even, so now holding "Free Bags".
But I get what you mean, holding is best for those who actually have a real life.
|
|
|
|
I'm sorry but I have some doubts about the sustainability of this interest rate over time. Let's do some mathematical calculation.
Investing today $100 and earning 2% per day with compound interest would be having:
10 days after $121.9 with total interest rate 21,90%
30 days after $181.1 with total interest rate 81,14%
60 days after $328.1 with total interest rate 328,10%
100 days after $724.5 with total interest rate 724,46%
200 days after $5,248.5 with total interest rate 5248,49%
365 days after $137,740.8 with total interest rate 137740,83%
I feel it is quite difficult to have these gains, even in crypto magic world....
This is exactly why anything that guarantees a fixed return cannot ever be called sustainable. This is why Bitconnect is accurately labeled as a scam, and this is why OP should also have his program labeled as a scam. I feel sorry that cryptocurrency has to be associated with hyips. Look at the 30 days return - more than 80%. I bet if you add in referral commissions, just like Bitconnect does, and you can easily see double the money after 1 month, with all commissions compounded. Think about this. After 1 month, everyone takes out their deposit and then earns free money? |
|
|
|
|
That's the most recent hot topic? That was the rage of 2017, along with airdrops. I think this year could be the year of mining algorithm changes, as people try to discover alternatives to PoW as the majority choice. I had hoped it would be the year of decentralized exchanges, and who knows, maybe with atomic swaps in development, that could be a thing.
By the way, I'm pretty sure it's called forking, not bifurcation. Has something changed and I wasn't informed? Or are we trying to make the term hipper than good old fork?
|
|
|
|
|
Wasn't aware of this news, but this is why I've always not looked at Ripple as a good coin, just too many deals were made, and community only knows about it now. This is also the problem with its huge supply. Yes, people keep bringing it up, and the devs keep saying they've locked away so much but this is all artificial control of price. I bought some of course, not going to say I stayed away, and I'm still confident it'll bring the price back up to at least the old ATH *at some point* but well, we all knew what the deal was always going to be with Ripple!
|
|
|
|
Possibiity yes as always even for the big and reputable one. Let's just minimize the risks whatever it takes.
Although we don't like the idea of using a centralized exchange, it's way more less risky as they are listed as legit company by central authorities. They are complying with the same terms and rules applied on any money institutional firm giving quiet an assurance to their users that they are in "good" hands. It's difficult to just did some fraudaulent activity in those regulated exchanges as they will face the consequences bound by the law.
Well no way we can trade regularly if we don't used an exchange service so face the risks and hope that there's nothing shit will happened.
Yeah, I think people still have a long way to go to understand that with exchanges, just like real companies, the risk is always there for hacks and security breaches - especially exchanges in fact, since everything is online and has to be. You're right, we all hate centralized exchanges. I honestly can't wait for DEXs to take charge but we're stuck with the centralized ones for now for the volume and easy of trades. And because they are centralized, we do need regulations, it's for our own good. I'm all for jailing and fining errant exchanges. |
|
|
|
|
Show Posts
