This will help adoption, legitimization, recognition acceptance and so on, yes. But not really development, unless you want corporates to pour more money into R and D. Development happens independently of all these, like it always has.

But yes, further decentralization is absolutely necessary. Blockchain will definitely help to decentralize the Internet, I hope this will happen soon because the web especially is so centralized now, we have no idea that everything we see is what people want us to see.

Good to see people ready to snuff out this kind of nonsense, surprised the legion of shills didn't immediately jump onboard. Market cap comparisons and from there, analysis, people say aren't very good, but in cases like these, show perfectly why the price of said DIMEcoin can't possibly reach $100 in one year.

Thin trading volumes though actually would help pump the price very high, just to catch unwitting newbies ready to splash out on the next big thing.

Everyone talks about Bitcoin death or Bitcoin rise, but every fall has been solid, when compared to the entire alt market, which experienced crashes not just in fiat value but against Bitcoin value. When Bitcoin recovered, so did the alts. So everyone really has to not forget the importance of Bitcoin here.

It's true that a lot of the shorts in futures made money, but I doubt those investors really had to liquidate Bitcoin to pay their lost bets, what merely happened is they sold Bitcoin to get back into those futures, and are now going to be buying long for sure.

I thought the early promise was just to eliminate double spends and eliminate the need to trust a third party, in which case that early promise was already fulfilled by Bitcoin itself. Only a small minority of users demand the kind of privacy that Zcash and others promise. That promise hasn't actually been delivered yet, since we haven't really had people attempting to break them. If the FBi and Interpol try, and give up, then we can say that promise is fulfilled.

Correct. It hasn't done enough to differentiate or convince adoption, but we should give it time. I'm still on Monero though.

Can't believe I'm making two consecutive posts about Bitcoin Gold. But anyway, I logged into my trading accounts for the past 3 days and keep seeing BTG in the top volume, so I guess this has turned into ETH and BCH. Meaning to say, their origins are all surrounded in shady methods, shady dealings, developers with all sorts of ideas and a community completely focused on money despite all of them supposedly trying to uphold the principles of decentralization and cryptocurrency freedom.

On this rate, we can definitely see BTG joining BCH as the Bitcoin forks worth above $1,000 by end of 2018. Amazing what they both did riding on Bitcoin's rise.

Exactly. What's sad is the publicity that some news outlets gave to them (along with Bitcoin Cash too), writing articles that sounded like they truly believed these guys were trying to save Bitcoin and return to the old principles. Even when the evidence is there that they want to profit (premine), they have no clue about what they're doing (delays in their coding, all the errors, and advertising on their page a wallet that turned out to be stealing private keys...

This was a bad fork, worse even than Bitcoin Cash (shocking that's possible). I'm just shaking my head that it's actually still trading.

Oh and yeah, happy to have bought at the dip. I know it went even below a dollar but I'm very happy to have taken it at just over 1.15. Centralized yes, but have people already forgotten about how centralized ETH was and still is? And look at it grow. Perhaps there is something to be said about corporate greed and centralized leadership. I may not hold Ripple for years, but I suspect even a year can see reasonable gains. And by reasonable I definitely don't mean even more than double! Still a realist here.

New information? No of course it isn't important for you to know. Just rely on old information <sarcastic>.

More seriously, however, be careful with information. There's very little now that is actually useful in information, specially in crypto where everything is either hype or FUD. Sometimes even developers just push out nonsense these days to make it look like a big update when nothing really happened.

Misinformation is worse than information.

I don't think it's unfair at all... if you use the service, it's going to be painful but it is an eventuality. I myself do want to migrate, but unfortunately if I do so, none of the services I use can withdraw to SegWit. So I'm putting it off until ONE of them has it at least and I really want that to happen quickly. If BitDice does it, it can be one of the very first crypto casinos to do so - and the benefits are long term.


Exactly! I don't know if all wallets will work, but mine definitely will. In fact, I might even use it as my withdrawal address for the signature campaign

What I really really can't get is how you guys can just live in denial. Everything that BCC blatantly puts out that doesn't look anything like crypto is just accepted by all of you. Ponzi, pyramid, crazy MLM style talks. all this isn't just smoke and mirrors, they're practically screaming in your face that they're a pyramid scheme. But you all just go deeper and deeper.

Please, for the sake of all newcomers, don't give your money away to these guys. Do a simple due diligence on Google.

What a time to be witnessing! People believing and even supporting the might of corporations and multinationals and big bankers... right here in the so-called bed of decentralization. If all of you guys take a look at the reasons you think this is a good coin, then you might as well join something like Bitconnect, or hire a group of big money people to run a coin.

I'm not saying IOT Chain is shit at all mind you. I merely am saying that there doesn't seem to be much faith in decentralized projects anymore. Why is that?

I've actually just been reading a couple of articles that are already showing companies who are almost in the final stages of trial runs using blockchain tech (not crypto, though). Most are reporting overwhelming success, especially in lowering costs and reducing inefficiences. We're talking about oil and gas, mining (real metals not crypto) and even logistics. So yeah, even if crypto dies, blockchain will remain. By 2020, almost every industry will already be trying out blockchain solutions.

That has happened, briefly last night, I missed it! I bought quite a bit of one very special alt coin I don't wish to mention (haha) but will share later once the jinx period's gone. Wish I could have been awake when BTC went down below 10k, since I saw all alts also fell to very low floors. Nevertheless, still happy I made that buy, and very happy for the opportunity provided by this correction.

Definitely still a few more dips to eat into, so maybe I'll run out of BTC to buy into alts.

Very early days! I did make a small buy into a coin I don't have yet, but since I plan to hold, I'm not so concerned if this corrections isn't over yet. But if anyone is thinking to buy now for a quick profit next week, I would provide strong caution. We are still on very unstable ground, Definitely need to step on something a bit more solid before the market can figure out where to go next. And it could still eventually decide to go even further down, too.

That said, long term holders should find this price levels very attractive.

Pretty old and recycled theory. I think there has been a lot of evidence, maybe not enough proof yet but there is more research that indeed finds some behaviors of manipulation going on in exchanges, especially since early adopters held a lot of coins, big enough, if working in groups, to make price movements desirable for them. I think a lot of the whales made profit since November, and now they are preparing this crash so they can buy back into crypto even more. Imagine all the Tethers waiting to buy now.

I suppose we will either have to thank you or curse you, but I've a feeling the time for anon coins have not really come upon us yet. Will bookmark and read for later... hopefully.

I don't know about DeepOnion everyone's talking about here. Half the posts about them scream scam, half are shills, but I suppose that also surrounded Dash last year, so I can't write anything off at the moment.

Curious to see if XSPEC is a value buy now. Everything is "cheap".

You saw the wrong news I guess. South Korea is restricting Bitcoin (and cryptocurrency) but we have known it for many months. And the government keeps clarifying that this isn't a ban, just a regulatory move. I think they are doing what they can to protect their citizens, and soon will follow in the footsteps of Japan. There was a lot of bad news there due to scammers last year. So crypto has a bad name there. Hacks, scams, fake Bitcoin forks.

People panic as usual. That let's us buy in cheap, so no complaints.

That's right, after all. Sure, some alts will have their own booms every few months, but after they do that, their price after all only relies on how well Bitcoin performs. So when alt holders come out and say Bitcoin is dead - Bitcoin Cash for example is the worst - they have to realize that the entire crypto market depends on Bitcoin. If it rises, so will alts, if it falls, then alts naturally fall. So whatever people want to say about Bitcoin, dominance this, use that, tech not good, just remember where all alts came from. Where all cryptocurrency is born. That is with Bitcoin, where else?

It's actually happened a lot. The only reason many ICO tokens are now trading above their initial listing price is simply because of Bitcoin value going up so much. But if you look at how most people entered ICOs, that is through Bitcoin price, and most tokens are STILL below the price people invested. In other words, if they had simply held their Bitcoins and bought tokens AFTER they were listed, they would have had a lot more tokens. Same with ETH and that's why you see a lot of people regretting ICOs.

You'd be surprised to learn that a LOT of these so-called third generation blockchain coins have actually been around for years, many of them unknown to the majority of us. I myself only recently learnt about Aidos Kuneen, and only because of a gambling website that started accepting it! Had no idea DAG coins were 3rd generation, I did wonder where did 2nd generation go, and is it so soon to have 3 generations in less than ten years? Or in fact even less since DAG has been around for even three years.

So hard to say the future. All I can generally see is a small handful of projects SOLVING existing problems. The rest say there are problems but I don't see how they can solve it.

And er, open source? That's most crypto on Github...