I was wondering. What is stopping exchanges that don't support the new BTG using your bitcoin and claiming it for them selves, without you ever knowing about it?
Like Bittrex and cryptopia, they didn't support the Bitcoin Gold. But what is stopping them to use your bitcoin to collect bitcoin gold, without you ever knowing?
What is your opinion guys?
The point here is, if you don't control your own funds and have to trust someone else or a third party, like any of the exchanges you mention... then yes, of course there is nothing to stop them from ever doing anything to: "collect bitcoin gold" or any other fork coin "collect" airdrops like byteball and stellar lumens. do something else with your bitcoin. run with it one day. Learn your lesson. Don't store coins at exchanges, fork or no fork. |
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Litecoin was regarded as silver to Bitcoin. However, its performance is much worse than Bitcoin.
What's your view on Litecoin's future? Will it catch up or continue to underperform?
It depends on what you view as underperformance. Litecoin has gone from strength to strength in this last twelve months, in case you didn't notice! Remember how difficult it was for Bitcoin to break past $1000. Litecoin did almost reach $100 but it will definitely make a few more runs for it. Once that mark is broken, then $200 and $300 can only be a matter of time. Bright future for sure, maybe not as blinding as Bitcoin but we always knew that. |
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So i'm new to cryptocurrency, actually just started 2 days ago, was reading about cryptocurrency, and stumbled upon Neblio and decided to go for it.
Now i'm holding about 600$ worth of Neblio on Cryptopia, which i'm fairly certain it will reach at least 2x, but aiming at x4 early next year to be honest.
Anyway, i want to sit on the Neblio for a while, but i don't want to have it hostage on an Exchange, so what are the best and safer solutions, Desktop and Online to hold he currency?
Go and visit the developer's website immediately and download the latest wallet. If you're a holder, there is no exception to the rule. Keep control of your own coins. These alts are very poor in circulation, and only tradeable on exchanges like Cryptopia. Should any issues happen with the wallet, with nodes, with the blockchain, your coins are in danger of being stuck forever. I've seen it happen too many times. In fact, there's no reason for anyone to ever store coins on exchanges unless they're reserved in orders. |
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There shouldn't be a clear winner (or losers). The whole point of decentralized internet means that all of these coins and networks can exist, in cooperation or without shouldn't matter. Of the choices here, though, my pick is Sia. Is it because I have some SIA? Nope, it's not even 3% of my total portfolio. The only reason it's so low now is miners are co-mining together with ETH, but once that stops, or slows down, the supply rate should stabilise. And then the tech will speak for the value.
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Hello sorry, I keep on reading about this coin when I search in the forum about the promising projects... but honestly I can't see anything special in XTRABYTES... why many people do they suggest it when talking about x100 coins?
Is it for the proof of signature? Come on it's over-rated guys, you can't put all your hopes only because of a new consensus type (Proof of signature)
I don't think Proof of Signature will bring big advantages.. if you do not believe this, please explaine why
Well, of course a new algorithm will have a lot to prove, and time will tell us if PoSig can really beat PoS and PoW, but from what is claimed in the documentation, it looks solid enough for some excitement. I'm not a technical guy unfortunately, so cannot say about how strong those claims are. I do agree that x100 would be a bit too much for that sort of valuation. Then again, theoretically, 1 satoshi to 100 satoshi is x100, so it depends on how you see it climb! |
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Legit ICO's like Confideal will live. Scam ICO's may die. Do anyone know what may be next in this situation?
Wow. If Confideal is the benchmark for legitimate ICOs, I'm really afraid to see what's the definition for "scam" ICOs. Scam ICOs have come and go, but they are not going to stop. In fact, if you believe in some of the Legendary members here, some of the Top 35 altcoins are legitimate long cons. A scam is only a scam when it goes belly up, I guess. And if ever one of the big guys suddenly falls to $1 one day years down the line, they'll be plenty of people saying "I called that scam in 2015". |
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The ann forum and bounty forum are absolutely nuts. I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again. I noticed there were 5 types of projects that kept popping up:
-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities
well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.
I actually get excited when a weird one pops up. Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.
I'm sure you're not the only one! Everyone is claiming to be the "first" in everything, and they don't even take the time to look at their competitors. The disappointment comes when you look at their team and see almost no developers there (I'm not talking about some Javascript programmer either). Then the bigger disappointment comes when you see how successful their ICOs are. But like you, I really look forward to the out-of-the-box guys, but also I like seeing actual businesses use an ICO to expand. Sometimes, it's easy to get blinded by fancy whitepapers, but sometimes it's reassuring to see solid business plans. |
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Unfortunately, exchanges have come to play their role in the money game. By rights, exchanges should do listing based on a number of criteria, including such things as code stability, development and wallet support. But these days, the big exchanges will ask for a payment for a certain period of listing, for new altcoins. I have read that some charge $50k just to list for 3 months. So if you have huge ICOs, they can very easily pay this for 1 year and you think, wow what a great coin.
Then they pump and dump for one year.
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Much has been said about litecoin and it's future in the pass but what about the present?
It appears to me that this coin is kinda of forgotten of, almost no mentions here whatsoever of the "bitcoin silver", must be all these forks and stuff
I'm still using ltc as a temporary bagholder due to it's historical stability compared to other coins, but i would like to know what people think about it, is a pump coming? Price's been really stagnant past few days and what advantages does it have against future alts technologies?
Maybe you need to widen your reading material and news sources. Follow the lead developer, Charlies Lee, on Twitter (@SatoshiLite) and you'll see very regular updates about Litecoin's development. It's probably one of the most active alts (and has a known full-time developer!). In fact if you check now there are two tweets in the past two days all about Litecoin. As he said on Oct 21, Litecoin has a lot less drama and that's a good thing. |
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I really like Exodus, even though I only use three of the alts it supports (ETH, LTC, DOGE) but it doesn't allow me to view tokens. And as I am now a WAVES holder, and I really like the layout, and it lets me see all the tokens I own, I'm slowly beginning to move to Waves. The Lite Wallet is just smooth, easy on the eyes and has a very nice portfolio layout that suits me well. MEW is probably still the best and most secure, in my opinion.
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The bitcoin gold BTG Lead Developer:h4x3rotab found out to be a 24y script kid hacker who cracked and sold weak user passwords on a fourm without captcha enabled. Details in Chinese: https://steemit.com/cn/@quantum-bug/btg-h4x3rotabHis profile photo on a online dating site:  So now it can be 100% confirmed that bitcoin gold BTG is a completely & purely Chinese pre-mined ico scam. No, I don't think this is right. The guy is purporting to be a BTG Lead Developer. It is not 100% confirmed, until we see a statement from Bitcoin Gold website. Maybe there is some truth there, but there's usually a lot more to the story than what we're led to believe. P.S. There is a lot of guys trying that trick on this forum. It's a simple copy paste script. Hardly think people like that would deserve to be lead developers of a Bitcoin fork. |
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I wasn't able to cast my vote anymore (yes I only saw this now!) but I guess the decision will be taken based on current highest vote? To be honest, I do see that it is fair that the devs have a small share, since they are doing all the work and have the largest investment of time and effort. But you should also see that large airdrops in the beginning have a lot of problems later. A slow trickle over a long period of time will be the best, that is, the last option, if possible over a very long period over a year.
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I'm still in half-half mind about lending programs. If you recall, crowdlending was the hip thing to do and P2P lending sites like BTCJam recently had to close after years of mismanagement and just plain bad loans all defaulting. Maybe people also forgot that P2P crowdlending including with Bitcoin was banned by China long before they banned ICOs. Even with so-called guarantees of loaned amounts, it was found out that the majority of these companies were just HYIPs or ponzi scams.
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I have now observed at least one airdrop project request that only ETH addresses with a minimum balance of 0.01 be used to apply for the airdrop. This is reasonable to me. I know it still means people can just create multiple addresses to receive ETH, but it does add one extra step of preventing manipulation and gaming the system. I guess not everyone would want to waste fees for 100 fake addresses to collect tokens that may be worth nothing.
Now, that to me is a fair airdrop. After all, airdrops used to be distributed based on balances.
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What do you think of investing in XLM and NXS ? Any Speculation for the future ? Will they have a future tomorrow or next year or in ten years    Nexus (NXS) £100 Lumen (XLM) £50 Both seem to be a very good option for you and especially about the lumens. caused by the recent news from the microsoft regarding to make the direct payment use the lumens platform. It seems to be a good choice. Yeah, I agree about Lumens, even though I never had enough BTC to try for either of their original airdrops. It already has a wide use population and that will definitely help their userbase to grow over time With the recent Microsoft move to enable Lumen payments, I'm very sure it has potential. Future is for next few years, so don't expect to see double or triple growth so soon. On Nexus, hard to say as I know little about it. No comment  |
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If you already put in so much money, and you are at less than 15% of your investment, then my advice is to just hold it. If you lose it all, you lose 360 dollars more. If it somehow recovers, which it might, you gain more. Don't play with altcoins anymore with your fresh money. Just use all of it to buy Bitcoin, and invest that in several businesses. Or better still, just hold. That will be your best ROI. Not guaranteed, but very certain to be better than 90% of alts!
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Well it looks like no one saw this post - But for the record I was 3 for 3 and hit near all targets to the penny .  Ok, maybe this was just a feel-good post for myself. Happy trading Maybe no one saw it because we saw some of your previous posts and you weren't always on the ball? Well done to you of course, but would be nice to share a screenshot or two so we can see some of those hits for sure. Or at least a chart of the entry levels you made with appropriate time stamps for your calls. Cryptowarriors out here need a bit more than a rallying call, they need some flag waving and battle blood. |
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do not play the faucet waste of time and exhausting time, better you start trying from trading, buy some altcoin using bitcoin, I think it's more work, than you wasting your spare time for faucet
It may be waste of time for some of us but for others that are enjoying faucets, it's good for them. I have seen some people on facebook promotes clamcoin faucets. I don't have an idea on how many you can get there, I just seen it when I was browsing my profile on it. It is waste of time to them too. Do you think anyone can enjoy solving captchas for 15 satoshi? Some users here are doing this like it is job 8 hours every day and they don't see that they are not earning money only cents. I agree that faucets are a waste of time, if you want to EARN money from them. But don't overlook faucets and faucet collectors as just dismissive people. You know, a lot of people aren't really there to earn money. They're spending free time, and curious about crypto, and faucets are just a fun way to get rewarded. Not all faucets are about solving captchas. Some are about games, and interaction. If you ever doubt faucets, see what it did for Bitcoin. Wide distribution leads to mass adoption. |
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Don't you think that the problem of ongoing and upcoming ICOs is not the quality of projects (certainly there are scam projects, but there are also a great deal of really working projects backed with technology) but the problem is in the quality of investors who don't really make their research and mostly even don't care do read anything about the project they are going to invests in. They are in rush to buy any altcoins because it seems to be an easy way to make money for them.. What do you think?
This has always been an old "problem", even with traditional public fundraising such as IPOs and the like. Non-professional and normal investors really do think with profit in mind. ICOs simply open up the market even wider, with students and others that banks wouldn't even look at all able to "invest". Less than 1% of people are in crypto, and even less than 1% of that do their own research. And probably less than 1% of THAT have solid and reliable research. |
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You know, you can't claim something that isn't yours. And at the same time you can't claim what is already yours. If you are in full control of your Bitcoin, like you say you are, then you will get Bitcoin Gold. It's as simple as that. And if you really want to control and use your BCG, then you must learn to spend a bit of time to educate and teach yourself. If you follow someone else, you can't blame them if something goes wrong. And yes, please just read the simple steps at http://btcgpu.org/ |
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