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11061  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waves coin on: September 17, 2017, 10:50:51 AM
I'm very happy I got in on WAVES finally. Weeks back at $5 I set buy orders at $3.90 but had to remove them to use the coins for a quick loan to myself. Yesterday, however, I was able to return the coins and was pleasantly surprised to see WAVES at $2.95. I immediately a sell offer for 100 WAVES. Today, they're already up almost 10%. I'm not going to sell of course, this was always going to be my first choice alt post June. It's a great platform and yes, I'm also confused as to why the recent good news (as opposed to hype) hasn't helped the price. But 2018, my friends!
11062  Alternate cryptocurrencies / Altcoin Discussion / Re: Dash, Monero, Zcash Which Coins More Secure? on: September 17, 2017, 09:00:11 AM
I think each coin will argue that they are the most secure. They are all designed to be anonymous, so each has different methods to hide your trail or make it more difficult to track. I am guessing OP is wondering about which is the more anonymous... aren't all crypto suppposed to be secure?

Monero is the market choice, most accepted. Dash is the most expensive... but even their masternode got hacked. Zcash? No clue.
11063  Alternate cryptocurrencies / Altcoin Discussion / Re: Mysterium VPN - what do you think? on: September 16, 2017, 11:38:19 PM
TOR fast?! What are you smoking.


Here is a post I read that sums up MYST - its great.


The project is off to a bit of a bumpy start, with the founders kind of dragging their feet on getting the token onto exchanges, but in general i'm bullish on the prospects for decentralized VPN. Again this is an application that actually makes some sense. We already have a decentralized VPN service called TOR, and it has a great deal of usage. TORs biggest problem is a lack of node operators, and slowness of the node operators that are present. Why are they slow and few? Beacuse they're not compensated. Mysterium solves that problem by allowing the node operators to be compensated for their efforts. This is a big deal, and is the sort of thing that actually appeals to the sort of people that know about cryptocurrencies. Whereas a lot of these other things rely on corporate buy in (Sia, Golem) which, to be quite honest is unlikely, Mysterium caters to a market that coincides pretty well with cryptocurrency people. For this reason, I think of all of the ICOs out there, this one is likely to achieve substantial real world adoption: it provides a service that the people who know about it actually want. It's hard to overstate how important that is. This is something I personally might actually use. For its intended purpose! Not just as an investment vehicle! That's like spotting a fucking unicorn in the cryptoverse these days.


Thanks for sharing this. It won't be difficult to imagine how much hype this sort of insta-ICO will have created. Someone who had almost 10k ETH to burn just pretended to fund themselves. I pity all the others who bought it. VERY smart way to sort of downplay the initial development team while buying it up.

NOT an application that makes sense. The minute you incentivise something like TOR, you remove the "good faith" of users.
11064  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Open Money make crypto go mainstream? on: September 16, 2017, 07:32:20 PM
Lots of people are wondering what the next big deal in crypto will be.

What will take us from lingering on the fringe and push this technology out where everybody is interested?

Here are a few ideas:

1. Making it easy to transfer from crypto to fiat. Projects like bitpay, VIVA's Galaxy Vault etc. are working to make it simple to move money between the crypto world and the fiat economy.

2. Consumer Apps - projects like Open Money are going to facilitate the integration of crypto into mainstream apps like games, dating apps and all sorts of mainstream software.

3. Non profit initiatives - will charity coins break down the barrier? Coins like 2Give are sure trying!

Anyway, what do you think?

Leave a comment below!


The thing is, apps like Open Money have already existed... I think the idea of all these decentralised apps are good, but I have a feeling that the market is still too small to have so many competitors. I think about decentralised exchanges for example. In terms of integration crypto into mainstream apps, it's probably still going to take a while. It might start with individual industries. In this case, gaming is going to be first successful one. People there are very willing to embrace crypto, since for them, it's just the bridge between game/virtual currency and fiat.
11065  Economy / Economics / Re: Bitcoin will control the world economy!!!!! is it true? on: September 16, 2017, 06:25:41 PM
Look, Bitcoin will never be in control of anything, not because it can't but simply because that is never its vision. If you want to look for a cryptocurrency that will want to gain control over the world/region/economy, anything like that? Then look at some of the top alts. Pretty much many of them want to do something like that (except Litecoin and Dogecoin hehe).

Eth? Yes. Neo? Yup.
11066  Alternate cryptocurrencies / Altcoin Discussion / Re: why is BTC- OMG in red but ETH-OMG is in the green? on: September 16, 2017, 04:19:55 PM
Yeah, just think of them as currency pairs, (which they are, in this case) and you can understand how it works. If the US dollar is falling, then you'll notice that X-USD pairs will be green, but X-GBP pairs might be red, like this week's case. Where the pound is strengthening and dollar is weakening. But in a case of Bitcoin, think of your alt in dollar value. If the dollar value hasn't gone up but Bitcoin's value has, then of course your alt is worth less Bitcoin and therefore, red.
11067  Alternate cryptocurrencies / Altcoin Discussion / Re: Future of Dogecoin? on: September 16, 2017, 04:01:09 PM
Being old and not able to rise up where as ETH and Litecoin rose alot compared to it. Want to know your opinion

Thank you
Harry
Leave this being dead coin if you don't have a loss on it. Dogecoin has not any development for for years, we even don't know if there are still any devs are working for it. Maybe that's why it can not be pumped with other coins, but bumped.

Actually if you just read the most recent news about Dogecoin, then you will see a few things since November last year. The most important was the introduction of the old and new developers who committed to giving it a new update. Litecoin and Dogecoin anyway are somehow linked, as Litecoin provides security to the Dogecoin network, so I know that it won't let this old altcoin die. Wait for January!
11068  Alternate cryptocurrencies / Altcoin Discussion / Re: 📢📢📢 important events in the coming days 📢📢📢 some cryptos will fly away! on: September 16, 2017, 09:03:01 AM
Thank you for sharing this list. Is there a place you got them from or is there a list of places you collect these individually? I would like to have a way to trace and keep track off these kind of events. But for me, I would remove the normal conferences as these aren't really useful. Unless they announce something big there, but the announcements usually come before the events, don't they?
11069  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waves future on: September 15, 2017, 09:20:57 PM
Do I have the correct link for Waves - https://bitcointalk.org/index.php?topic=1387944.0

I don't get what is all the hype about?

in summary, huge partnerships. burger king, gazprom, moscow stock exchange etc.


There is also good blog post about the Waves and parnetships. From WavesGO.

https://medium.com/@wavesgo/constantly-updated-list-all-waves-platform-partnerships-388ea5193b08

The Burger King thing create buzz around I guess.

Isn't that old news, though? As I recall, none of those partnerships did anything to help WAVES price. It recovered today after slumping, but only because crypto in general patched up their wounds with a magical healing potion of demand. I was late by several hours on my own pricing (I saw it went down to 94k satoshi earlier). Would have placed a sell order but I placed it on another alt which didn't hit. Touch and go.
11070  Alternate cryptocurrencies / Speculation (Altcoins) / Re: WTF - CloakCoin +60% on that red sea..... on: September 15, 2017, 05:53:34 PM
Can somebody explain this situation with Cloak why is up when everything else is sinking? Huh

logically altcions are not and should not be connected to bitcoin price. they must act separately and on their own. but realistically this never happens. whenever bitcoin has dropped all the rest of them dropped harder with it.

but exceptions like this happens all the time. if you look at the market in past 24 hours you will always, without exception, see at least 2 coins rising. that is the altcoin pumpers hard at work.
looking at coinmarketcap today's coins were GAS, Edgeless and Cloak

Yes, no one has yet been able to give a satisfactory reason as to why altcoins do NOT follow the logical path of self determination. And like you said, all these alts that rise when others drop is purely the effort of pumpers with BTC at hand ready to stop the red wave. Will we ever know which coins will these be for the next bear? Unfortunately I won't...
11071  Bitcoin / Bitcoin Discussion / Re: Good News - China on: September 15, 2017, 04:34:27 PM
Good news indeed, but not really a surprise for those who use a bit of common sense. Remember that this is a move from exchanges to cover their asses from possible worse case scenarios. A few have said it is temporary, and a few have said they will consider it later. None have said it is permanent. Of course the licences will come in and everything can start up. Then not only will the price recover, it will even increase. This is called consolidation, that's all!
11072  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Yunbi closes on Sep 20 on: September 15, 2017, 03:12:34 PM
So in the WORST case scenario, ALL the chinese exchanges close. And we lose 18% of the bitcoin trading volume globally. Or do we? What if everyone moves over to localbitcoins? What if people see, hey, actually we can also just go over to USD or RUB or JPY or KWN. Or just trade alt to alt, with the multiple available decentralised exchanges, and when ready to cash out, do a lump sum exchange to fiat over localbitcoins or even other exchanges (that don't have trading platforms.

It's not too difficult really.
11073  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Personally I sold on: September 15, 2017, 02:55:32 PM
Hey, that's okay too. Don't be discouraged by what people will say. There's always a critic for every move, can't please them all. If this was made you comfortable so you can sleep tonight, then you already did the right thing. Maybe you'll be happy if it continues to fall, maybe you'll be sad if it spikes. But as long as this was a decision that was backed by reasoning rather than emotion, no one can fault you for it.
11074  Alternate cryptocurrencies / Altcoin Discussion / Re: The headline in the cryptocurrency market. Where is the bottom? on: September 15, 2017, 09:43:51 AM
I made a portion of my intended dip buys today! About 20% of my BTC now converted to alts that are now about 25% cheaper than they were just a few days ago. If it dips again, I will put in 30%. And if it dips yet again then it's all in for the remaining 50%. Then I just have to sit tight for a couple of months and look at the November fork. If that doesn't work out... then I wait for next year. All in all only 0.25 BTC anyway so nothing terrible to lose (I hope).
11075  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The second day of blood. Strymex knows what to do on: September 15, 2017, 08:04:22 AM
Haha, ok Strymex. But with BTC falling so badly, wouldn't it also be a terrible idea to buy ARK with BTC when you "automatically" make a loss from 3 days ago, or did you also take into account BTC/ARK prices and not a pure fiat outlook? What's the entry point if I were to get myself some ARK now? I can put in an order.
11076  Bitcoin / Bitcoin Discussion / Re: Too much unconfirmed transactions suddenly on: September 14, 2017, 07:51:32 PM
It is still below the 50K mark. In July, if I remember correctly, we got close to the 100K mark. The 2 MB block size needs to be implemented without any further delay. Else, it is going to bleed the users dry. I am not saying that 2 MB blocks are a permanent solution, but right now even a temporary one would do the trick.

Didn't we even get past 200k at one point? But anyway, OP is right. It was well below 5k even 24 hours ago as I recall, having sent a transaction with less than 10 satoshi/byte and still getting it confirmed in the very next block mined. Can't really tell if there's volume from exchanges. Wouldn't people selling their bitcoins to exchanges NOT be withdrawing btc though? Or are people trying to send their BTC so need to transfer it to exchange wallets?
11077  Alternate cryptocurrencies / Altcoin Discussion / Re: Please share your EXIT strategy... on: September 14, 2017, 06:46:34 PM
I plan on holding almost everything until BTC is a decently major accepted currency. I can buy a lot of things with it already. To me I do not care about the daily swings between $4,000 and $4,600, I am in for the $10,000 -> $50,000 mark.

This is money I do not really need and treat it as investments and intend to keep on growing it.. technically this is my exit strategy from USD!

You know, I wish more people like you would come out and say it. I'm sure we're a minority, but a significant one. A lot of us, even those who only hold a fraction of BTC (my fraction recently grew to 0.25 BTC) are holding and just sincerely hoping for the long-term goal. Even when BTC went almost to $5k I knew it was way too soon. Now it's coming all the way back down, I'm still not worried. It's an investment an if it ever became 0, I would shed a few tears but it won't be the end of the world.

This is our lifelong exit strategy from the rat race!
11078  Bitcoin / Bitcoin Discussion / Re: Cant believe a Tweet can cause $billions blood bath on: September 14, 2017, 06:27:23 PM
Don't worry about it. We had a really good ride, and like all good things, they come to an end. Use this opportunity to collect more cheap coins, lay back and rest and let the rejuvenated Bull return. Why would you want to censor Twitter anyway? This is all that comes with decentralisation, like it or hate it, it's good for us in ways we cannot see yet.
11079  Bitcoin / Bitcoin Discussion / Re: BTC China closing down. End of bitcoin in China? on: September 14, 2017, 02:08:10 PM
Closing for new registrants isn't the same thing as closing down. Perhaps this is what more exchanges should do when they are experiencing a flood of new users/customers. The issue could be a lack of capacity to manage and support a growing customer pool. Either way, this is just going to fuel the rumours, but the damage is already done. It could get worse, but not much more.
11080  Alternate cryptocurrencies / Altcoin Discussion / Re: China Banning exchanges ?? - decentralised exchanges the natural progression on: September 14, 2017, 10:39:12 AM
Correct. Decentralised exchanges are the future, however, they all have one big problem. No way to convert to fiat. Secondary problem. No volume. The first problem may not be necessary to address. People can move to trading crypto to crypto on dex, and then simply move out crypto to normal exchanges if they want to cash out. The second problem needs to be addressed. If there are 100 dexs competing for attention, we'll never get the type of volume we have at big exchanges like Poloniex. How do we fix that? I honestly don't know yet.
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