Funny, how a single ICO can "ddos" the ETH network
What's funnier is how I have today on this forum seen three different ICOs issuing through ETH blockchain, allegedly responsible for bloating/ddos/overloading the ETH network. Probably the latest way to spur people to jump on the packed bandwagon. |
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he has a good point though.
right now LTC price has tested the high price of last months again and whenever price reaches the same high after some time (the cup and handle) many will consider it as their relief to sell their coins which they have bought at the previous high, hence crashing the price. and this will never go down to $25-30 again. the lowest will be what we are seeing now. and there is a good chance that it will change direction very soon probably in 3-4 days up to a week.
so buying the bottoms is a good idea.
Yeah, and actually thanks to KrakAJAX, I know now that LTC is definitely going places. Who quits coinbase to focus on developing an old alt if it's not for promises of greater wealth, right? Thanks for sharing guys. |
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So ETH is enjoying all that volume... thanks to ICOs? And bloat? Whatever happened to how quick ETH network is compared to Bitcoin? Why did we never foresee this before? I thought Vitalik was always thinking ahead?
Surprise us with something new.
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Being in LTC since 23-26 range, I like this coin and have only invested in it. From a charting standpoint this currency has been very consistent and fairly predictable.The only wrench in the gears has been this strong upward trend back to $50 level. I say back to $50 bc it was at one point at this high in it's lifetime. The way I feel about this is LTC is just about to breakout from it's all time high just like BTC did not too long ago. Now just take a look at how many % points BTC has moved since it's all time high  , I feel that LTC will mirror that same path throughout the summer as segwit2x is released. My suggestion is if you are not in LTC as you read this post, it would be a good idea to stay out until the price stabilizes (1 week or so). I am not in LTC but I feel the oppposite way. If I don't get it now when the price is "stable" at 25-30 I'll again cry when it gets to $50. Yes! Even double is more than enough for me to feel good. |
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Hmm first time I read a bad review about JAXX. But this just goes to show you gotta keep your own backups/seed/private keys. Whatever happens to any wallet, you can always import private keys and you're good.
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Doesn't seem to be correct. I thought segwit2x means yes, segwit first, but then LATER 2MB block increase aka hard fork aka chain split? Or did I misunderstand it all along? Time to hit the books again. |
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I know most of us will claim to dislike the idea of a crypto bank... but in my experience, people new to Bitcoin will be very afraid of the idea to keep their own seed or private keys or even wallet address. My family for instance always ask me "what is my email password again?" and every time will lock themselves out because of wrong password.
So I know they would rather create an account somewhere for someone else to keep their crypto safe.
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The "emergent consensus"-supporting miners can support Segwit as well, most of them are doing it supporting the Segwit2x proposal. "Emergent Consensus" is independent from Segwit, it is simply a mechanism that allows miners to signal for block sizes they support (also known as "Bitcoin Unlimited").
The most likely outcome is that we will have Segwit activated in July. Then a large part of the miners (about 80%) will signal for a 2MB hardfork which will occur in December, as far as I know. It's up to the Core developers to support that hardfork or not. If 2MB are supported then we will have a pretty smooth upgrade. If not, then this may result in a chain split.
My initial math was wrong as there are some pools that support both versions of Segwit. But from the last 50 blocks, more than 90% (47) are supporting Segwit2x or Segwit-BIP141. You can see it in the list at the bottom of the coin.dance/blocks page.
In summary, what we understand will happen for sure if the current trend is continued is that Segwit will be activated next month? I wonder if the improvements after that will change anyone's mind about what happens post Segwit. |
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It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road
The reason other coins easily upgrade their protocols is precisely because they have less people using the coin so it's easier. When a coin gets on the level of bitcoin we'll see if it's as easy for them to get things done (and proof of Vitalik doesn't count btw) That's what people don't get. They seem to ignore that Bitcoin probably has the highest amount of work and discussion going on around the scenes, not like ETH which is led by leaders and people are happy to follow. I'm not saying ETH is bad but if everyone switched over to LTC or any other alt and see the same problems happening, they'll be left wondering where their devs are. |
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That's a really good question now, especially if you accept that this so-called mainstream adoption is starting to happen. I see Bitcoin being asked on Twitter and IG a lot now, even as ads are found on facebook. People who have never heard it will now quickly understand crypto.
We saw all the new entrants this year. Imagine next year!
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Nine days and seven hours ++ left and it is really quite amazing to see the numbers collected. Bitcoin = $1.1 millions. ETH = $0.85 millions.
Not sure the value of the others but from 2 cryptos is already 2 million. I am only able to invest about $100 maximum... so I will account for 0.005% of ICO oh well:)
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
Hard to ignore these benefits of cash, and this is true for the majority of the planet. But I think the core concepts of alternative cash, Bitcoin for example, is not really to replace cash but to open more access to things cash cannot do. * Cash cannot be easily or without risk be sent across countries or even cities. * I cannot confirm you have enough cash in your wallet to pay for a service. * I cannot guarantee if you send me cash you will take it back. * I cannot easily check to see if your cash is good, or guarantee my bank will accept your cash. |
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I'll bet any time now if we were to make some study on data, Bitcoin-related crime would still be the lowest percentage of all currency crimes. Hope the Brooklyn guy knows how to track his stolen coin (yes, isn't that wonderful, unlike fiat you can track it from your computer at home).
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You're kidding right? Bitcoin was/is heading south, but have you noticed today's 10% rally? 216 bitcoins? Seriously? You see exchangers changing that much bitcoins in minutes. One tiny drop in a huge ocean.
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Not exactly completely dead for micropayments. Check out faucethub or moonbitcoin payments and other paid to click sites. They payout thousands weekly in the sums of 25,000 satoshi, which isn't very micro, but how else can you earn or pay 0.01 cents to customers?
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The problem with clickbait is that it works. You can even add three exclamation marks to prove you're clickbait and the hits will still come to your page.
Even if he was right about crypto only being used for gambling and money laundering, online gambling has been the second biggest earner on internet (after porn) for 20 years now. He's ignorant for saying it has no business model.
Bitcoin user: Hey have you heard about Bitcoin?
Writer of clickbait: It's complete garbage!!!
Bitcoin user: Oh. Okay.
Writer of clickbait: Stay away!!! It's only used for gambling and laundering!!!
Bitcoin user: Actually -
Writer of clickbait: It's complete garbage!!!
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It is very emotional and silly to say it is a scam. That being said, I at least believe there are some worrying problems with it: 1 - too many tokens in the hands of few, this can easily translate in pump 'n dump to corner the market; 2 - the main differential, smart contracts, cannot be clearly defined by them, nor can they provide really ground breaking innovative working examples of it. 2.1 - Question 1: what is the difference between smart contracts and a bunch of "if...then...else..." routines? (don't tell me it has to be "turing complete" because it sounds like bull) 2.2 -Question 2: how does the ethereum platform is superior to any other platform over a blockchain where so-called smartcontracts can be implemented? (this answer clearly depends on the "uniqueness" of what a smartcontract is, that is, question1's answer) 3 - that auction of domain names valid for 1 year, that diminished my trust in it, simply because you are offering in a purely commercial way a sort of asset/privilege/domain, for a short period of time, of something is not even clearly defined, let alone develop, that will convey business on such "ecosystem". In sum: capitalizing a puff of smoke, looks like. Don't get me wrong, ethereum enthusiasts, but these questions are found wanted. Agree. If it ever was a scam, it's now moved too far to ever look like one anymore. We have to ditch this emotional garbage and pay attention to what ETH is now. 1. Agree, and when PoS happens, the hodlers will become even richer, even faster. 2. Smart contracts were indeed overhyped, and any respectable crypto can implement. 3. Not sure what you're talking about, but ETH is always connected to some sort of enterprise, which is why I cannot see it the same way I see Bitcoin. |
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It's not just in Australia. Property in general in Asia and even in Europe are always in some kind of bubble. And when that bubble bursts, it seems they fall 15% maximum before going on the next bubble again. I've been waiting for property/housing to drop in my country, but it seems people just keep holding or dropping slightly below listing, before rising again.
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reserve sig please.
P.S. only if my current campaign ends (which it will very soon, I think!)
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Please give me the community first deep discount on this exciting project.
Also, I would like to:
Reserve translation to Malay and/or Indonesian.
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