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1101  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: September 07, 2016, 05:43:46 PM
@mtnsaa. We will see. For me that strong support is the last for now. If that breaks I speculate that ETH will fall below 150k satoshis or lower. Maybe this is the first of the altcoin bear market starting again? I am seeing Dash is also falling down now.

I think you can't compare ETH to Dash really. 99% of altcoins are based on hype and potential and I'm sure we'll have plenty of rumors and progress updates on devcon 2 as I detailed plus the exposure to the chinese market. That's what I'm betting on, however the entry point is not clear to me (if only it was that easy!). I don't want to get greedy expecting prices below 150k...I don't think that's very probable in the short term unless there are some very bad news coming (alas EF being investigated by the FBI/SEC or any other dirty details about the hack).

For that scenario I do have some very low buys set close to 0.01 and well below, but I'm not convinced this would be a possibility. To me the DAO and the hard fork were devastating scenarios for ETH and look what happened. I was expecting prices to be around $1-4 bucks at some point...they never came and now the price has basically doubled to where it was before the DAO ICO started.

This means Ethereum, their supporters, devs and overall interest on its tech from investors and traders won't go away any time soon.

But is it not that ETH is also based on hype and promises at this point right now? There is no real world use case for Ethereum right now and all the value it is getting in its market cap is all from speculative investment. Not one company is using it to offer products and services that we could truly believe that matter to the ordinary person.

Exactly, to me Dash and many other cryptos are based on absolutely nothing, no real world usage (sorry if anyone gets offended). Similar to ETH in that sense yes, but trading and investment is all about psychology. I know Monero won't be used by anyone, the pump was based on hype, people really think dark markets (which they know nothing about) were gonna use it for everything and BTC was dead. I don't know if that will be the case, but currently I know there's no real usage either. You can see it dropping like a brick now people realize it.

Similar to ETH, in the next weeks investors and traders will get exposed to all these great projects coming, china exposure and upgrades (Raiden, Casper, etc). A new bubble will most likely start.

It's all hype (even BTC), you have to discern which hype is gonna move the masses and the money.
1102  Economy / Games and rounds / Re: DirectBet Soccer Prediction Game *** Win Free Bets ! *** Free to Enter ! on: September 07, 2016, 05:12:55 PM
HT: Real Salt Lake 1 - 0 LA Galaxy
FT: Real Salt Lake 1 - 0 LA Galaxy
1103  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Mass Network on: September 07, 2016, 01:01:23 AM
I wanted to ask you about the browser, will it be completely necessary to use the Mass browser?

I'm asking this because I don't think many users will change their current favorite browser for a unknown one even if it pays some money (with all due respect I can't see this project creating a better browser than Safari, Chrome or Firefox  Grin). Maybe you will but that scenario is highly improbable.

With that being said, if it's an extension or a plugin then I can definitely see the potential here.
1104  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] CONV - NEW Algo : Counter X Algo - Reverse Regulator - Titan Shield on: September 06, 2016, 11:01:24 PM
Lol ICO scams are getting lazier by the minute.
1105  Economy / Games and rounds / Re: DirectBet Soccer Prediction Game *** Win Free Bets ! *** Free to Enter ! on: September 06, 2016, 09:12:10 PM
Undecided
Result 0:0_0:0


why so serious? I got it!  Cool
1106  Economy / Gambling discussion / Re: International Games Prediction Thread on: September 06, 2016, 06:42:07 PM
Belarus v France ( france -1.5 )
Belarus in recent years played very well, and ranking them in fifa up quite a lot but I think they have not been able against france.

I think Belarus can definitely pull out a draw against France at home. Le Bleu has been playing great lately so it won't be easy but it's not really that far fetched.
1107  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: September 06, 2016, 05:16:46 PM
@mtnsaa. We will see. For me that strong support is the last for now. If that breaks I speculate that ETH will fall below 150k satoshis or lower. Maybe this is the first of the altcoin bear market starting again? I am seeing Dash is also falling down now.

I think you can't compare ETH to Dash really. 99% of altcoins are based on hype and potential and I'm sure we'll have plenty of rumors and progress updates on devcon 2 as I detailed plus the exposure to the chinese market. That's what I'm betting on, however the entry point is not clear to me (if only it was that easy!). I don't want to get greedy expecting prices below 150k...I don't think that's very probable in the short term unless there are some very bad news coming (alas EF being investigated by the FBI/SEC or any other dirty details about the hack).

For that scenario I do have some very low buys set close to 0.01 and well below, but I'm not convinced this would be a possibility. To me the DAO and the hard fork were devastating scenarios for ETH and look what happened. I was expecting prices to be around $1-4 bucks at some point...they never came and now the price has basically doubled to where it was before the DAO ICO started.

This means Ethereum, their supporters, devs and overall interest on its tech from investors and traders won't go away any time soon.
1108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares AMA Live on our Subreddit! Read More News Coverage Here! on: September 06, 2016, 04:50:11 PM
With no doubt this will be one of the successful ICO's nowadays. The east asian market is enormous.

16% of supply - ICO #1 investors - 2100 BTC collected
24% of supply - ICO #2 investors - 5482 BTC collected so far
10% of supply - "early contributors"
50% of supply - premine to be used for "development"

Devs control 51%+ of the genesis block

Thankfully we can get our BTC refunded before this hits exchange and we get dumped on by the other 86% of the supply which was given out for dirt-cheap or free.

The fact that this is coming out of the east asian market does not overcome the basic economics of the terribly centralized distribution.

The 50% for future development/eco-system will be locked for the 1st year after mainnet launch.

At 5482BTC so far, Antshares will probably be listed on coinmarketcap.com at #28. I think it is WAY UNDERVALUED.

We are executing a yet disclosed ambitious plan, and our target is to be ranked at the TOP X at coinmarketcap.com in the coming year.

The fact that 50% of the supply will begin flooding onto the market 1 year after mainnet launch, will be priced in way before it actually happens.

Coinmarketcap.com usually lists the entire supply, so 100MM coins.  If this launched right now, it would be at 22k BTC, way overvalued for a coin with 51%+ of the supply centralized.

I'm putting in a refund request for my BTC before this hits exchanges and the dump-off begins

So the EF can do whatever they want but not other projects? These are real people with reputation not some anon guys in a garage. Them being open doesn't guarantee any future success of course but so many BTC maximalists believe the decentralized utopia lies as if Bitcoin was decentralized...Satoshi could still dump all his millions. And we don't even know who he is...

The way I see it the "company" behind the project holding their shares/currencies is a great incentive to make them more valuable in the future. Did the EF dumped all of their ETH by now?

Is as Zuckerberg would sell all Facebook shares tomorrow and dump his company into oblivion. What's the point in that? We are entering a new level where companies are funding themselves with cryptocurrencies and we can be par of it, and anyone can invest, not only a couple wealthy investors or VCs.

But somehow many still don't like it.

Very well said. Thank you.

Though I do not 100% agree. the 50 million ANS are not like Zuckerberg's Facebook stocks. TAT is not entitled to, say, the dividends of these "stocks".
We have repeatedly said that this part goes to eco-system building, meaning various kinds of expenditure. For example, for bounty program we are now holding,
and the incoming dev initiative: ANS could serve as the economic incentive here.
But that's the end of 2017 and it's no faster than 15 million a year.

Please bear in mind that there will be financial reports periodically on the funds raised as well as the restricted ANS.

I know somehow our project is not that "fancy" on the paper, however, we are at the forefront of industrial adoption, and Antshares will be remembered as one of the building blocks in this great revolution of cryptocurrency and decentralization.

hmmm...how interesting I cannot tell you people what's the good news incoming, and why is that?

Yes I understand the difference but thank you for the clarification. I was only doing a simple analogy. Only 19 hours to go, good luck!
1109  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: September 06, 2016, 06:59:05 AM
@mtnsaa. I speculate that the support at 186k satoshis will break but I could be mistaken. It has been going in that direction for a while now and it will be put to the test soon. If we see that it the support is indeed strong enough then it might be safe to get in at the price near the support.

Yes that's the safest bet I agree. Even if 186 breaks it wont be for long though, I have low buy orders but I dont think they will get triggered.

Forgot to mention Casper and Raiden network. Hype is coming (not that I care but we are here to make some money). Monero pump is starting to cool off too right on cue...
1110  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares AMA Live on our Subreddit! Read More News Coverage Here! on: September 05, 2016, 09:57:03 PM
With no doubt this will be one of the successful ICO's nowadays. The east asian market is enormous.

16% of supply - ICO #1 investors - 2100 BTC collected
24% of supply - ICO #2 investors - 5482 BTC collected so far
10% of supply - "early contributors"
50% of supply - premine to be used for "development"

Devs control 51%+ of the genesis block

Thankfully we can get our BTC refunded before this hits exchange and we get dumped on by the other 86% of the supply which was given out for dirt-cheap or free.

The fact that this is coming out of the east asian market does not overcome the basic economics of the terribly centralized distribution.

The 50% for future development/eco-system will be locked for the 1st year after mainnet launch.

At 5482BTC so far, Antshares will probably be listed on coinmarketcap.com at #28. I think it is WAY UNDERVALUED.

We are executing a yet disclosed ambitious plan, and our target is to be ranked at the TOP X at coinmarketcap.com in the coming year.

The fact that 50% of the supply will begin flooding onto the market 1 year after mainnet launch, will be priced in way before it actually happens.

Coinmarketcap.com usually lists the entire supply, so 100MM coins.  If this launched right now, it would be at 22k BTC, way overvalued for a coin with 51%+ of the supply centralized.

I'm putting in a refund request for my BTC before this hits exchanges and the dump-off begins

So the EF can do whatever they want but not other projects? These are real people with reputation not some anon guys in a garage. Them being open doesn't guarantee any future success of course but so many BTC maximalists believe the decentralized utopia lies as if Bitcoin was decentralized...Satoshi could still dump all his millions. And we don't even know who he is...

The way I see it the "company" behind the project holding their shares/currencies is a great incentive to make them more valuable in the future. Did the EF dumped all of their ETH by now?

Is as Zuckerberg would sell all Facebook shares tomorrow and dump his company into oblivion. What's the point in that? We are entering a new level where companies are funding themselves with cryptocurrencies and we can be par of it, and anyone can invest, not only a couple wealthy investors or VCs.

But somehow many still don't like it.
1111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares AMA Live on our Subreddit! Read More News Coverage Here! on: September 05, 2016, 09:45:54 PM
With no doubt this will be one of the successful ICO's nowadays. The east asian market is enormous.

16% of supply - ICO #1 investors - 2100 BTC collected
24% of supply - ICO #2 investors - 5482 BTC collected so far
10% of supply - "early contributors"
50% of supply - premine to be used for "development"

Devs control 51%+ of the genesis block

Thankfully we can get our BTC refunded before this hits exchange and we get dumped on by the other 86% of the supply which was given out for dirt-cheap or free.

The fact that this is coming out of the east asian market does not overcome the basic economics of the terribly centralized distribution.

1st ICO participants bought cheaper, so naturally they will dump on 2nd ICO participants... I see lot of bag holders when this launches on Exhanges.


The 50% for future development/eco-system will be locked for the 1st year after mainnet launch.

At 5482BTC so far, Antshares will probably be listed on coinmarketcap.com at #28. I think it is WAY UNDERVALUED.

We are executing a yet disclosed ambitious plan, and our target is to be ranked at the TOP X at coinmarketcap.com in the coming year.

...so does all other Vaporware ICOs... They all want to be ranked at the TOP X at coinmarketcap.com


If the ICO is refundable as advertised there's no need to "baghold" as you said...refunds will make ANS more valuable though so we'll see how that plays out.
1112  Economy / Games and rounds / Re: DirectBet Soccer Prediction Game *** Win Free Bets ! *** Free to Enter ! on: September 05, 2016, 09:37:57 PM
HT: Belarus 0 v 0 France
FT: Belarus 0 v 0 France
1113  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: September 05, 2016, 05:36:03 PM
I think the upper trend of the ETH has been established. So the price could rise further in the next few weeks.

I've been trading XMR mostly of late, but am keeping my eye on ETH. The drop to .019 isn't great, but as long as it can keep above support at 0.0186 there's still a bullish case.

But what if it will go below 186k satoshis. Is there a case for shorting ETH? If yes then how low do you think this will drop if it breaks support? I am speculating that some traders might be shorting ETH right now because it might really break although it has not been really tested yet.

I think we'll see a bull run similar to what happened with BTC before the halvening in the next days. It was all quiet but all of a sudden price jumped. Devcon2 will be a major force and I think we could see prices above $20. They have been working on a lot of stuff, no real world usage dapp or dao yet though. They do have a lot of business support (Microsoft, Samsung and now Santander) and many devs are interested in working on ETH blockchain, that alone won't let the price dip below $5-8 bucks for the near future. Plus China exposure and new exchanges coming, you do the math.

Ethereum survived the DAO hack almost intact in terms of valuation so the potential to grow now can't be dismissed (the price never even reached lows of $7 before the ICO...).

I've sold most of my ETH after the hard fork, made some money but it's too unpredictable long term (I hold some and will trade it though). If it goes lower than 180 I will buy some more (I don't really see that happening unless BTC goes to $700  this week which I highly doubt).

Also, once BTC prices jump all alt bleed for a day because of profits taking but then they adjust. You can't really have BTC at $800 and Factom, Monero or Ethereum at $2, $3 and $8. The whole market jumps because it behaves as an industry.
1114  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Mass Network on: September 04, 2016, 07:38:23 PM
This looks interesting, is there any translation bounties available? I can do the spanish one.

Thanks.
1115  Economy / Games and rounds / Re: DirectBet Soccer Prediction Game *** Win Free Bets ! *** Free to Enter ! on: September 04, 2016, 05:23:19 PM
HT: Norway 0 - 0 Germany
FT: Norway 0 - 0 Germany
1116  Economy / Games and rounds / Re: DirectBet Soccer Prediction Game *** Win Free Bets ! *** Free to Enter ! on: September 03, 2016, 04:09:34 PM
HT : Dallas 1 v 1 Portland Timbers
FT : Dallas 1 v 1 Portland Timbers
1117  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ NEW BLOG POST on: September 03, 2016, 04:09:15 PM
I just finish reading this article https://medium.com/iconominet/iconomi-more-ambitious-goals-and-a-21-000-btc-cap-after-a-successful-ico-start-ccb06efff709#.6oygl1cch  ICONOMI team seem to be getting cockier with their initial success, I do like their idea that is why invested in  it, but  I am surprise they reach 2000BTC goal in less than a week this I credited their marketing team for job well done, the initial success seems to be getting into their head, this is what affected the Slockit them, initially the Slockit team wants to be the Airbus, Uber in the crypto space then that started fantasizing into venture capitalist dream, there is a small margin between idea and fantasy. Most of the things listed in that article above is mere just fantasy when you have more money than you need (the initial capital for the project was set at 2000BTC and now the bar is set so high at 21000BTC) can anybody explained to me why there is a big gap between the high and low Fanatasy) and they need to be remembered that they want to come out for another round of funding, you have a strong idea initially, why try to be many other things (Hard wallet, Founders Debit card) when you can do one thing better.

Well, the cap is just that, a cap, and I don't think it will be met, but even if it was it was a very smart decision from the team so things don't get too out of hand. I do agree with you that when you have an excess of money, management could start getting sloppy and expenses increase.

To me the focus should be on traditional non-crypto investors, they should not even see a Bitcoin/Ether address in the site unless they click learn more or faq. Even something like Xapo or Coinbase is too complex and daunting for the average person (I know it's hard to believe for cryptonerds like us but trust me that's basically why Bitcoin and blockchain technology hasn't gone mainstream yet). People want to invest on it and may like the idea but they just want to use a Paypal/Bank like interface, they don't care about the underlying system just as you don't care about Java or MySQL.

If they can get these rich old guys to invest a portion of their portfolio on Iconomi funds then it will be a huge success and we'll all benefit as token/share holders.
1118  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ NEW BLOG POST on: September 03, 2016, 12:20:15 AM
  • The ICONOMI.INDEX FUND will reflect the development of the credible cryptocurrency market. It will be transparently managed and traded on major exchanges. ICONOMI.INDEX fund will include several thoroughly researched cryptocurrencies, including Bitcoin, Ethereum, Lisk, Steem
You lost me at 'Steem' Smiley  Good luck though.

[/list]

Index is index by definition.

ICONOMI.performance will not contain Steem.

I see, thanks for clearing that up, so the Index is supposed to be the NASDAQ of cryptocurrencies.
1119  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ NEW BLOG POST on: September 02, 2016, 11:05:28 PM
  • The ICONOMI.INDEX FUND will reflect the development of the credible cryptocurrency market. It will be transparently managed and traded on major exchanges. ICONOMI.INDEX fund will include several thoroughly researched cryptocurrencies, including Bitcoin, Ethereum, Lisk, Steem
You lost me at 'Steem' Smiley  Good luck though.

[/list]

Lol yeah, that's the only thing that worried me from this ICO! Even if I don't currently hold any Lisk, I can see how it could have some potential depending on how the whole dapps and smart contracts develop in the next months. Ethereum we can all agree has Consensys behind so it's a lock.

However I can't understand how a "smart" investor or fund manager would buy Steem let alone lock it into SP for 2 years...you are already seeing how that is working out for many who bought at $4. I would've loved to read something like Factom (or even Ripple!) which are actual companies which you can visit and has many deals and employees. Hope it was mostly a placeholder for the "currently hot" project/altcoin.
1120  Economy / Games and rounds / Re: DirectBet Soccer Prediction Game *** Win Free Bets ! *** Free to Enter ! on: September 02, 2016, 06:24:29 PM
HT: El Salvador 0 v 0 Mexico
FT: El Salvador 0 v 0 Mexico
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