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121  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on Zcash? on: May 23, 2017, 01:06:53 PM
  • Peter Todd, a Bitcoin Core developer who participated in the Zcash Trusted Setup, has called it a "backdoor" (https://twitter.com/petertoddbtc/status/793584540891643906)
  • Greg Maxwell in a presentation to Coinbase said, "Zcash is not unconditionally sound, can't be with current tech...requires a trusted setup...will need to redo the procedure [Trusted Setup] to upgrade the crypto over time so it's a vulnerability." (Youtube, time 29:30 https://youtu.be/LHPYNZ8i1cU)

I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
    
    


THANK YOU, there is some sanity left in this world!

Now they sold their souls (probably not much lef to sell) to JP Morgan... yeah, you heard that right, to JP Morgan...

by god, Satoshi is either vomiting his guts or turning in his grave...

122  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero or Bytecoin? on: May 22, 2017, 01:27:34 PM
Monero = fair launch, veteran team making great progress, current #1 anon crypto (besides the hyped out Bitcoin fork known as DRK)
Bytecoin = shitty secret launch on deep web, lucky to implement cryptonote before anyone else, horrible optimization of the software (I was not able to use the software or mine until MRO team optimized it).
QCN = direct clone of the MRO code, im not sure if the devs can come up with decent stuff or they will keep forking MRO
FCN = seems like another fork but at least they are contributing with novelty stuff like merge mining, so if QCN went up FCN will go up for sure. It's on my radar.

Also, notice how people that want to do a cryptonote coin, will be forking MRO and not BCN.

Make your own decisions.

and after 3 years still remains the best answer

Yea but people seem to forget. 3 years later and the true crypto-currency Monero still isn't rising above all the others. It all started with the idea of creating an internet currency that is anonymous, now we have everything from company shares to assets, commodity-based coins, smart contracts, etc. All of that seems fine but the original purpose is clearly achieved by Monero and also by ZEC, ZCL, ZEN as well.

Trusted setup (like the 'Z-coins' need) is in total contradiction to the original idea, an abomination...

And bytecoin is a well proven scam... FFS, doesn't anybody do the smallest research anymore: https://bitcointalk.org/index.php?topic=740112.0

123  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does Bytecoin (BCN) have the chance to rise to +1$? on: May 22, 2017, 10:53:56 AM
Bytecoin is not scam. And thousand miners are mining it.
At least there are about 5 famous exchanger accepts Bytecoin.
https://changelly.com/
https://hitbtc.com
Bytecoin price is: 1bytecoin = 0.000239$  Wink

Dont read what others wrote, just read what exactly what you asked.
And dont answer what not was asked. Just answer what people asked.

yes you right! bytecoin is a good crypto and in the future will grow much over 1$. I read about some new feature and implementations very good that will be available in the near future....

Can you explain to me why bytecoin is being pumped right now? to me BCN is a very inactive coin

it's easy to pump coins like that (very few people own a very large majority of all the coins), but bytecoin is a proven scam: https://bitcointalk.org/index.php?topic=740112.0

best regards
124  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero under scrutiny of the FBI on: May 06, 2017, 03:58:38 PM
Ever heard of Windows Update ?
Now with Monero if there is ONE single hack you are potentially compromised.
Being a Dark Market user could mean jail time.
Let that sink in..
While that is true, I'd like to remind everyone that Monero itself is legal and shouldn't get you into any trouble. Darknet markets, however, are another story and should be avoided.
... spoetnik ranting...

Oh and since this topic it was revealed that Monero is not 100% secure.

I TOLD YOU SO.

noone ever said monero was 100% secure. But anyway, here's a rebuttal to that paper:

https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html

best regards,
125  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SYScoin on: May 03, 2017, 10:26:37 AM
People are not paying attention to the work what is really being done in Sys coin. Of course people who are in touch with them at slack and through other channels know where it is going to reach. Cryptocurrencies are hot and there is rush of investors to put more and more money in these. Syscoin show us reaching at 50k satoshi easily when all work will be completed.

Ya ok, I get that they're putting a lot of work in it, and I appreciate that... but my main question remains:
What are the advantages of putting a marketplace in a blockchain? What's the point? What are the advantages versus a centralised system like ebay (how will a blockchain compete with the efficiency a centralised system offers, how will syscoin deal with blockchainbloat, a blockchain is supposed to be immutable, a marketplace not (offers come and go...)).

Now, let's say I get a good answer to the first question, second question: why does a marketplace need its own coin? Syscoin says they will accept bitcoin and zerocash, so why do I need syscoin? I don't see ebay also accepting ebaycoin? So why sysCOIN?

So all respect to the devs, who indeed put in work, I'm totally not denying that, just fundamental question: Why put a marketplace in a blockchain, why does a marketplace need its own currency...

Thanks in advance,

best regards,
126  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [DASH] Dash Price and Trade Discussion Thread on: May 03, 2017, 06:50:28 AM
DASH price could go to all time high this year, maybe around 200-300 $ 

Next year it might drop rapidly, as people realize it is nothing more than an overhyped altcoin without any innovative technologies, that cannot be fixed in BTC

I think you are confused. Dash has more innovation than any other coin in the sphere.

You're welcome  Wink

https://youtu.be/LHPYNZ8i1cU

Greg Maxwell: 29:30 "Zcash is not unconditionally sound, can't be with current tech...requires a trusted setup...will need to redo the procedure to upgrade the crypto over time so it's a vulnerability."

34:11: "Dash isn't cryptographically private at all...it's snakeoil and I'm just sort of beside myself about it, personally."

Let the ad hominems begin...
127  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SYScoin on: May 02, 2017, 08:08:30 PM
Don't know, I don't understand why one would put a market inside a blockchain... A blockchain is supposed to be immutable no? Why would a market need to be immutable? What are the advantages versus ebay or openbazaar...
I read in their white paper a transaction is about 8 times bigger than a btc-transaction? What are they gonna do about blockchainbloat? How will they avoid the blocksize-issues?
What is the emission-scheme of syscoin? How many coins will there be in existence, how many are mined already?
Why did they choose to cooperate with Zcash, an obvious scam if you ask me: trusted setup, founders reward, slow-start mining, only 95% of transactions are private or so, bugs... this doesn't bode well for their judgement...

etc. lots of questions, didn't get much answers yet in their slack...

best regards
128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Particl is a decentralized privacy platform built for global P2P eCommerce #PART on: April 19, 2017, 12:30:41 PM
SDC is NOT being re-branded to Particl

SDC is no longer being actively developed by the team, however it is still live and tradeable on the major exchanges

I suggest anyone who still has SDC to sell now while you still can, the swap period has ended and you can no longer swap your SDC for Particl. 


How is it that you still dare to show yourself here? You've been defending that obvious scam since its inception... You've been peddling fiction, and now you are here again? Saying that sdc is still tradeable while it's being delisted on polo...

why don't you and your whole scam-crew (dadon, ...) go peddle your shit somewhere else?

129  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Kraken adds support for Dash on: April 12, 2017, 05:16:10 PM
Yeah, after they were bribed with 50k $... so much for 'organic growth'...

https://www.dash.org/forum/threads/proposal-business-development-major-exchange.12881/

130  Alternate cryptocurrencies / Altcoin Discussion / Re: Your opinion about Dash on: April 12, 2017, 11:00:53 AM
Ok then, instamine is the correct term then I guess...

I deem 27% of total coinsupply in 48 hours totally unacceptable... Dash should've been relaunched... Fact that masternodes reap 45% of total mining rewards makes it so much worse. This coin mimicks a decentralised cryptocurrency, but really is just another centralised PayPal... Then why not just use PayPal/fiat?



131  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 12, 2017, 08:14:23 AM
lots of ad hominem bullshit

do you have anything on the technology or are you gonna keep whining and throwing out ad hominems like a little bitch?

Are you gonna backup your ridiculous claims with proof or keep spewing hot air?

get over it dude, how old are you, 12?

best regards

I just listed the reasons why I didn't like the Monero pump squad: they were a bunch of remorseless liars who could talk b.s. like nobody's business. I don't need to prove anything to you. This isn't math class son.

*oh and the relentless waves of cheesy, low-IQ pumping and pom-pom waving that went on at Poloniex. Some pretty shameful behavior if you were around to witness and smart enough to recognize it.

well, if you're gonna throw around insults you should back them up, show me the lies of those liars please, show me the bullshit-talking that went on... if you can show them, then maybe someone will take you seriously for a change...

and the trollbox is called 'trollbox' for a reason, what else did you expect then cheesy low IQ pumping stuff, as if that didn't happen with btc in the days (remember 2013, this whole forum was one great shitshow of pumptalk). So some shameful behaviour of some people = 'xmr is evil' according to your twisted logic... congratz on your deductive skillz!
again, grow up...

132  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 12, 2017, 07:53:24 AM
lots of ad hominem bullshit

do you have anything on the technology or are you gonna keep whining and throwing out ad hominems like a little bitch?

Are you gonna backup your ridiculous claims with proof or keep spewing hot air?

get over it dude, how old are you, 12?

best regards
133  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 10, 2017, 02:43:36 PM
More people mine, less Moneros you get from one hash you give to the network to mine.  As it looks miners expect price will go up so they mine altho get much less reward then would get a week ago..
In last 3 years whenever hash rate increased soon latter also price increased.
Well, Monero is kind of due for a pump of it’s own. DASH and Ethereum have already got theirs and seem to be holding up a good portion of that pump, so It’d make sense Monero gets one soon.

Dash is breaking down imho... seems like beartrend for sure...
134  Alternate cryptocurrencies / Altcoin Discussion / Re: $25,000 to invest in anon cryptocurrency tech - best option on: March 29, 2017, 12:13:22 PM
Don't...

Don't ask for investment-advice on these forums.... Everybody will just promote their own bagz of shitcoins...

Do your research, do it long and hard, visit reddit pages, visit forums, check the history of coins, but first of all, make up your mind of what a cryptocurrency is supposed to be, make up your mind about what money is supposed to be, then, and only then you can decide which crypto's you want to buy...

Best of luck,
135  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [DASH] Dash Price and Trade Discussion Thread on: March 29, 2017, 11:08:43 AM
How much do you get from one masternode a day?

USD
https://dash-news.de/dashtv/#curr=USD&value=1000

EURO
https://dash-news.de/dashtv/#curr=EUR&value=1000

curr=USD, EUR, CNY, GBP, CAD, RUB, HKD, JPY, AUD, CHF, PLN
value=customDashAmount (1000 for 1 masternode, 2000 for 2 masternodes etc)

Note : this does exclude server costs, a server cost about 10$ per month to rent. Also the masternode owner
will be required to maintain and update its rented server both with regards to an updated Dash version and to
possible security updates for its Linux OS.
That's a lot of money for a masternode, I can't imagine what the developers are making from their mastermodes......
Yeah, in order to sustain the price of the scam millions USD investments should have to be put in it monthly. Dash scam generates almost double more coins monthly than Monero.

of which 45% go to the masternode-owners and 10% goes to the 'treasury'... bah
136  Alternate cryptocurrencies / Altcoin Discussion / Re: ZCash vs Monero - privacy on: March 27, 2017, 08:54:30 PM
Some interesting reads:

https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

http://weuse.cash/2016/06/09/btc-xmr-zcash/

http://www.financemagnates.com/cryptocurrency/interview/darknet-cryptocurrency-showdown-an-unbiased-comparison-of-zcash-vs-monero/

best regards
137  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 27, 2017, 08:50:04 PM
^Looks more like a W than a cup... cant just make up cups where 50% of the line isn't even aligned lmao!

Partypooper!

but I guess you're probably right, doesn't look like much of a cup indeed...

let's see where we get
138  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 27, 2017, 05:15:23 PM
could we be forming the handle of a big C&H? Is that pennant forming?

disclaimer: total amateur hour TA

anyway, I think I'll put an order at 0165



good luck and best regards

edit: bottom would be in about 15 april, bottom on HF-day?

139  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 25, 2017, 04:28:27 PM
You call me troll because I do not agree with you.  Wink
Dash is present on social media (Youtube). If someone who knows a little about crypto but not too deeply the best way to send anonymous transactions, (s)he probably says: using dash. That's because Dash is flooding their propaganda everywhere.
Still crypto's main purpose is a store of value, not transacting. Even many bitcoin merchants are removing bitcoins from their list of accepted payment methods (locally) because there are barely people using it so it is not worth it to accept bitcoins.

Dash is anonymous enough for average people, those of you who want more hard core privacy Monero is an excellent choice, but that is a niche and probably that's the reason why Monero will not need that much marketing. Those of you who need that sort of privacy will figure it out themselves. You see, many alts are far ahead bitcoin technologically but when it comes to network effect they fall short badly. And it is the network effect alone that creates the value for the coin (look at coinmarketcap).


I am not speaking down Monero and I think the current price is fine selling point (that's why I sold quite a lot around here).
I might buy some coins if the price gets severely undervalued (it might be slightly undervalued even now but I need better deal).
Maximum growth potential with XMR is to 0.04-0.05 btc so it is about 100 % ROI if you buy now and that potential will become reality.

In my investment philosophy, 100 % ROI is not that good. I prefer investing into places that can relatively easily increase in value by 20-100 times and Monero did met that.
Therefore, I owe a multitude of gratitude to the Monerians and developers, and of course - to Risto who got me into this. Thank you.

No,not because I don't agree with you, but because you're saying things without backing them up with facts...
- transaction-volume went nowhere in dash since inception
- they're having less than half the number of reddit-subscribers than the monero-sub (you know, without marketing...)


Secondly, it is important to try to look in the future here. If privacy/anonimity is not sublime, it means you don't have a fungible currency... A currency that is not fungible is not a good currency and will fail in the long term imho...

anywayz, good luck on your further endeavours
best regards
140  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 25, 2017, 03:51:46 PM

They have far better marketing which generates more users and wider adoption.... But we will see - not bought any Dash though.

pfff, you're being TrollCryptonaire again...

why don't you back these things up with facts.. show me where is all the dash user adoption? Show me where are all the dash-transactions?

You're only looking at the pumped up price and drawing your conclusions from there, sorry, but that is very narrowminded...

But speaking about price, why is everybody so damn impatient? Look at what xmr has given you already, if you bought in 2015 and 2016 you're very very much in the green fiatwise. I doubt there have been (for now) much better investments... Let it consolidate, let it develop at its steady pace, let it be the coin with 'no marketing', it's doing excellent...

Praise to all the devs and core-team who keep the steady pace, without hiring pretty faces to sell promises based on air, without price-talking and pumping the coin, without hiring some guy that will take market cap to 1 billion... They're doing a fantastic job and I can only admire the way they're keeping their feet on the ground while this project has (up until now) been incredibly succesful without throwing heaps of money at it...

best regards

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