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1121  Alternate cryptocurrencies / Altcoin Discussion / Re: India cryptocurrency 'Lakshmi Coin' on: September 30, 2017, 04:32:18 PM
Yes, I saw that story a few days ago. Apparently it is a proposal from a committee of Indian government officials and some people from the Reserve Bank of India. The new coin may be called "lakshmi" or "laxmi" but will probably take a few years to be implemented because of India's rather slow and cumbersome bureaucracy.

https://www.techworm.net/2017/09/india-bitcoin-like-cryptocurrency-called-lakshmi-coin.html

Hasn't Narendra Modi been the one banning all 500- and 1.000- Rupie banknotes in november last year? This cumbersome bureaucracy managed to do THAT over night. There had been death casualties in front of an india bank building in 2016.

Could not trust their lakshmi if that ever pops up anywhere. Doubtfull if it could even reach the usual trade places (Bittrex, lodging in las vegas) since regulations and such.
1122  Economy / Speculation / Re: Bitcoin value dropping? on: September 30, 2017, 07:56:53 AM
bitcoin will dump hard after some hours

It already dumped some 12 hours ago. Wasn't that hard, just close to $4000 and was quick.

Not slow and low enough to cause panic

Remember we had been at $1800 on 7/16/2017. There is another view from the other angle at the price action last 8 weeks.

Imagine those dips had not been margin attacks, trying to short but instead been failures to artificially hoover the price above $4000 for making the chinese exit. Reeking in enough money (for electricity, new Asics) until the elections are done and kapitalists could talk to communists again on a sane level. The "bann" has merely been political because of Xi Jinping's reelections taking place at 10/18/2017 and should be reversible if some money changes pockets.
1123  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which alt coin will gain most value in 2017? on: September 30, 2017, 07:40:26 AM
I think Ethereum is in the number one spot with increment this year.Ethereum is a gold coin and it can possibly stretch around 1000 dollars by around 2018. Ethereum is the second on cryptos market.Ethereum has an extreme idea and solid team.
ETH's relative strength has been ICOs, and we know there are regulatory crackdowns happening almost everywhere.
Another segment where ETH will be loosing ground is mining related. When they turn POS, they will loose miner's adoption. However profitability in that segment has been declining anyway. Hodling miners are another kind.

From technology perspective I do agree. This is the hottest tech developing, and they have a Wiz in their team. Vitalik ranges right in the same class as Satoshi, in breaking new ground.

A smaller candidate could be LSK Lisk. To be mentioned as a possible Second Place since they started like $0.13 into 2017 and will manage to stay above $3.50. Because since two monthes beeing at $6.00, so unlikely to fold down below 50% of that level at christmas.
1124  Economy / Speculation / Re: Bitcoin value dropping? on: September 29, 2017, 03:32:09 PM
another example of someone who is way too late to the party!

the "dropping" is already over. we are $1200 above the price that dropped because of China. you can not expect the same reason to have the same effect multiple times just because you are late. the rest of the world were not late and they did all their panics and their sells and buys and FOMOs in the previous weeks and now things are back to normal

until next FUD comes along. try not to be late for that one.
Could be about the 2x part of Segwit2x, or Bitcoin Cash hashrate moves. The first would be timeable since it has a specific date on it.
Another theory watches this ""dropping" is already over" as a bulltrap. Ask Loops about going short.
1125  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which alt coin will gain most value in 2017? on: September 29, 2017, 05:52:56 AM
How can I vote when you still haven't got Pandacoin PND on the list?

Code:
sort alts | uniq -d 
Gnosis
Komodo

And why there are doubles? Anything special regarding GNO or KMD ? Or just polishing up their results by providing more clickable surface on screen?
1126  Economy / Speculation / Re: Bitcoin value dropping? on: September 29, 2017, 05:43:08 AM
I think the correction is over. So we are going to rise again soon. I see the price drops a bit and i think it's nothing to do with China. Bitcoin ban in China is not new to us. (....)

coindesk.com has thrown out another article presenting rumors (mostly) from deputy finance minister of Russia just yesterday. That could be the 10.000x time of russian rumors, again. But markets do react on that. Rumors along banning any payments.
In the last minutes of china money having to flee their tradesites BTCs will be capable of traveling in ten minutes, so first choice. And supply onsite nearly beeing dried out, so that last china day will likely present a green candle on all charts.
Almost no-trade-territory, neither for margin nor for new longs.
1127  Bitcoin / Bitcoin Discussion / Re: New Era or just bubble ? on: September 28, 2017, 05:57:32 PM
Noobs should not be able to start threads, and this low-value one is precisely why.
Seems to throw in "bubble" as "robbery" at random. Which are different things. Robbery goes one way with clear criminal intention.
Market movements that are calling for a correction are foreseeable and most often caused by traders, news and rumors.
The new era seems still pending. Internet shops on PayPal and the like.

On a scale ranging from 1.0, bubble up to 10.0, new era we are falling below a 5 now.
1128  Economy / Economics / Re: Maybe governments can stop bitcoin after all on: September 28, 2017, 07:33:46 AM
This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
"got dumped badly" because of the mining centralisation. If china would not carry any relevant hashrate, the markets would not have reacted at all.
Partially these chart moves have been artificially, even by dumping lend money. Hence the rebound at the end of the effect.
1129  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Beware of using Slack in ICO campaigns! on: September 28, 2017, 07:24:58 AM
Good to see some negative sentiment building for the usage of Slack in the crypto world. Slack is great for some things, like Internal team communication of a larger company, but I don't know how it got so popular for cryptocurrency. Channels can become a nightmare to sort through, and the lack of tying things to a phone number makes mass creation of accounts even easier. Decided to not get a company Slack early on, because the moderation appeared like too much of a nightmare.
Same troubles on Bitcointalk, Newbie Spam and such. However phone numbers are so old fashioned surveillance state, aren't they? I am not interested in any channels that require a cellphone to enter. And my smartphone from china got bugged by its manufactoring company even before packaging.

People who invested livetime in their accounts are legit. Maybe there could be a currency for that. A forum coin?
In a way there had been crypto projects focusing on attention economy, currently up&running: Steem.
Seems Slack got an edge above Steem in the ways of beeing dirt cheap, so people flocked to that.
1130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sia - Decentralized Storage on: September 27, 2017, 09:15:10 PM
The amount of supply is too much, better to wait at the bottom until the time of purchase arrives.

Can you enlighten us when the supply will not be too much, even reduced by some amount perhaps? Any exact date, maybe?
Some arguments are just hillarious. Supply grows.

According to https://coinmarketcap.com/currencies/siacoin/#markets Yunbi left the building. In a hurry, to my observation. Even BTCe seems to be more resilient.
1131  Bitcoin / Bitcoin Discussion / Re: Charlie Shrem "China has no real effect on the future of bitcoin" on: September 27, 2017, 05:53:40 PM
Absolutely,china can no more manipulate bitcoin price as its no more a one man show as japan and south korea have entered the market.Japan has gone even one step ahead by legalizing bitcoin.Now,if china bans bitcoin mining,we may face a negative effect on bitcoin transactions but,soon it would recover as japan's internet giant GMO has announced that it would manufacture its own ASIC miners.
Mostly I am on an errand mistaking South Korea with Taiwan in between the Four Asian Dragons. In my mind not only the Kuomintang fled to Taiwan, but chinese miners too. But they seem to have choosen South Korea instead as an exchange location, because of the Wong. Or prefere mainland travel? Would require a bitcoin benevolent Kim Jong-un.
Damn geopolitics!!
It's all tangling up but whatever china decided in all it's glory and supremacy, there are still enough people to route around anything. Always has been that way.

GMO might sell ASICs?
1132  Bitcoin / Bitcoin Discussion / Re: Charlie Shrem "China has no real effect on the future of bitcoin" on: September 27, 2017, 05:15:34 AM
I agree that China has no effect in the long run, because it's quite expected that the government that bans Google and Facebook and tons of other services will be against Bitcoin. But it's really hard to predict their impact in short term, right now the price almost rebounded to the previous level before news from China, so it's possible that Bitcoin's price will just ignore China, but on the other hand we had a huge crash in 2014 and a long bear market without any real good reason - so if China will for example ban mining, Bitcoin might again enter bear market for a long time. But the price is only one aspect of Bitcoin, and the network itself can't be affected by any laws and regulations, so it will continue working as usual and developers will continue making improvements.
Right! They did that, too. But Google still exists, doesn't it? How about Facebook Cheesy

Usually they rebuilt something more localized like Baidu. Makes sense if westerners cannot really do mandarin. But Google has returned to china, hasn't it? Featuring a local subsidiary now and struggling on third place by market share.

One could suspect there will be a state run crypto currency popping up that will play the same game again. And then there will be gateways between that state controlled artificial currency and Bitcoin, which will be hard to do but completely disrupt the govermental banning approach.
1133  Bitcoin / Bitcoin Discussion / Re: Charlie Shrem "China has no real effect on the future of bitcoin" on: September 26, 2017, 03:24:16 PM
And if China bans mining the effect will be monopoly busting...and that's good for all of us!

One developer (been Luke?) once suggested changing the algo. Just hinting at https://en.bitcoin.it/wiki/Hashcash#Future_Hash
There are two sides who could bust any existing monopoly, but the whole process will result in a bloodbath lasting years. And that will damage the idea of digital gold forever.

For GPU miners it's arbitrary if SHA256(SHA256()) getting called or a single SHA3. But how long for the new ASICs generation to pop up?
1134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PREICO LIVE] Dogezer = Upwork + Github + GoogleDocs + Slack + ICO on: September 26, 2017, 11:34:21 AM
Will you take a moment of your time to jot down a few notes about our service on (this thread)

Sure can do. Taking my coffee time reading through your concept.


The payment in project specific coins lowers the entry barrier for entrepeneurs owning empty pockets. That equals an unknown market segment, so far unexplored. The bussiness ideas originating from people of this kind never made it into the limelights of a wider audiences attention. Maybe those got in contact with a bussiness angel, maybe that did not worked out.
Could this approach become a gamechanger?

Just the risks are carried over onto the hopefull employes. Team members? Company owners one day!
Could work?

You can serve as an example yourself, doing a PreITO, that at some point in time hard currency (if Ethereum counts these days) has to flow for food and nibbles. For ink and paper. Often expenditures can get postphoned up to a point of no return.


btw how dogezer platform can combine Github, Upwork, Slack, Jira, Dropbox, Google Docs in one product, have beta or trial platform ?
My concern, too. When I picked up that "Jira analogue" approach, feels like reinventing the wheel. Not on all of them mentioned above there is collaboration possible, to access their services from your own platform. Continually playing cats and mouse to keep their walled garden intact.


Can your platform create jobs?

I  mean is your product only for team members or it can connect unknown people to work on the same job?
I believe this is their goal, creating a group collaboration platform that creates job opportunities. Where the funding aspect kinda has been built in, using a crypto token as local currency.

Employes who do work for preDGZ token income will experience the full swing market forces, high volatility on their savings. That should get explained early on, both sides the risk involved and the chances (by your own words "the need to overpay devs a bit as there is risk associated") so we can guess it will not always be the cheaper way for employing workforce. It might become a fast way however because of the world wide reach.

1135  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Can I have two myetherwallets. on: September 26, 2017, 10:44:17 AM
The best way is to bookmark the site and use that for future logins and we can use etherscan to check its balance. The lesser we login the more safe or account's will be.

This is one of the most advanced phishing scam link: (please don't click)
www.myetherwallet.cam

Nobody notices the full domain in a hurry

Almost on toppic, but advised to spread here. Just typing into the location bar from memory, or quick google can make everybody run into attacks like this. Tradeside got hit, too. Same trick like similar sounding domain. They even invested into some ads money to get up there on the result pages.

Quote
1136  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Can I have two myetherwallets. on: September 24, 2017, 02:35:35 PM
Yeah make as many as you want. i have one for each different token to minimize loss if i get hacked.
Like @defunctec mentioned, this approach is overkill and most likely to fail by management hickups.
And I voice doubts that your redundancy is safe from the same hack, like all wallets maintained from single desktop.
Or two completely similar desktops, featuring the very same security leak.

Just a small advice from someone stupid who transitioned 8+6 IOTA wallets.
1137  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: September 24, 2017, 10:04:44 AM
If you made a lot of IOTA transactions it might take a lot of time. If that is your situation, this redditor made a script to make it easier: https://www.reddit.com/r/Iota/comments/71zzhq/save_your_fingers_a_script_to_autogenerate/
genNewAddr() should check balance and call stop() once a user defined amount has been reached?
Or perhaps stop if last 3 addresses did not carried anything?
   
According to https://iotasupport.com/how-addresses-are-used-in-IOTA.shtml these things will worsen further by every snapshot. Customer satisfaction seems to be guaranteed.
1138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: September 23, 2017, 08:21:08 PM
Directlinks to the new versions:

IRI for full-nodes: https://github.com/iotaledger/iri/releases/tag/v1.4.0

GUI: https://github.com/iotaledger/wallet/releases/tag/v2.5.0

Please change the "Min Weight Magnitude" to 14, you can find it under "Tools" -> "Edit Node Configuration"

Most of the full-nodes are updating now.
Ack, set to 14.

Where did that transition tool vanished? The menu entry isn't there anymore.
What about people who did not done (or missed) the transition? Can they still use version 2.4.0 to keep up again?

Curious about the differences between WebGL 2 curl vs. ccurl. Looks like some POW speedup. Which is irrelevant if applied by everybody.
1139  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: September 23, 2017, 02:42:51 PM
Hey guys, I want to buy new laptop and use it as cold storage specifically for IOTA, can anyone tell me what are minimal HW recomendations??
I heard IOTA wallet is relatively heavy on CPU and maybe RAM.
No it isn't. Anything capable of running any Java application suits.
Recieving IOTA requires almost no CPU cycles.

However... in practise things are more complicated. Some day you might want to be able to spend those IOTA, and that requires POW work to be done on your sending site. There are no miners who mine blocks for a small fee or block reward. That laptop should have some GPU. Intel i3 dualcore with onchip graphics suited me so far, besides some issues on occasion. Tried on a single core lacking any graphic hardware, attaching an empty new adress onto the tangle, ninty minutes runtime: No success.


Brainstorming: However "mining" could become a future bussiness? Service gets PGP signed message containing recipient address, percentage amount of fees to be gained, tangle explorer source address and private key wrapped inside additional PGP envelope that only this very service can decode. After two days (or arbitrary timeout) everybody could see if they initiated the transaction and played honest on fees. Lacks complete trustlessness.

Naw engineering overkill again, trying to force some "IOTA mining bussiness" into the scenario. It's doable replacing client sided POW work with Fee Payments, but unneeded.
1140  Economy / Economics / Re: Maybe governments can stop bitcoin after all on: September 23, 2017, 03:39:03 AM
I don't think that government able to control bitcoin because it is decentralized but market mess will be created over and over against bitcoin and alternative coins .

Panic in the market is created by those people who do not want to believe that bitcoin is a very strong coin. With every minor news, they begin to panic. I think that the government has no way to ban bitcoins

Jamie Dimon taken as a recent example. His bashing did not really caused a panic, but his origins are to be considered.
Goverments are overated in a globalized society. Corporations expanded into the scale of countries. There are banks of that size.

A goverment has ruling limits documented by their constitution. Any of the other players of compareable sizes are not limited by something even similar. I think they are the real thread. And those got a lever into politics by lobbying, bribery or other means.
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