"There is no coin but bitcoin"
I guess people who bought at 1000+ could be considered bagholders. But what we're most thinking of are those useless coins people are holding a ton of. Like BBQcoin or Popcorncoin or something like Drugcoin, and the they go around on these boards trying to be in denial about bagholding. So funny.
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The thing is to look for a good investment, not put your BTC in baghold mode.
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
yeah corporate leadership has always worked for the best for the working man so by dare question and try to change it. Your masters know better what you need and desired than yourself. And don't you forget it. I'm not saying that corporate leadership always knows best. Actually, I think a lot of corporations are run by total morons who end up destroying their companies due to greed. What I am saying is that bottom up control of a corporation will lead to terrible decisions being made which will hurt everyone, employees included. Maybe, maybe not. We'll see.
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^ Not enough volume... Even with Openledger.
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This whole DAO thing just seems like a bad idea. There's a reason that there is corporate leadership instead of a bunch of know nothings voting on proposals. Get ready for some seriously bad screw-ups.
True. But I'm really curious how this all pans out. Whatever the outcome is, good or bad, it's gonna be something new and something to learn from.
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Yup... It's amazing really. At least people will find out about crypto thru the DAO's spectacular crowd funding campaign. Just sitting back and watching. Can't wait until this gets listed in the exchanges.
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We've seen those projects listed above for a while now... So far nadda, no signs of interest except for those who have a cult like following for them due to them bagholding the tokens of the said platforms.
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I just invested some btc in Waves and Rise ICO. Good idea?
Also going to buy some LISK at launch...
It could go both ways. Who knows what direction these ICO coins go or if these platforms really find any real world use or not. But personally, I have never invested in an ICO. I usually wait until these coins are actually traded in an exchange and see how they go. The thing to look out for first is the volume. High volume is always good.
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I have yet to see the SEC come after a group behind an ICO. I hope they do and expose whatever legal loopholes they (the crypto people) can find in order for the others to follow their lead.
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Thanks for promoting the site. It's good to be updated. Please add more info about the project such as what its about, the team, their white paper and a link to their website. Thanks.
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Lol if DE is indeed the FBI trolling...
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Ethereum IPO "Project" will soon go back to sub 1 dollar price, because there's not enough fools to maintain the price. Whales have to dump before buywalls are being deleted causing a permanent downtrend similar to other failed altcoins.
This means ETH is dead.
Whatever happens, you can either go long or short. The opportunity is always there.
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Dear Poloniex,
You are becoming the goto exchange for altcoins and have been increasing in trading volume day by day. I have but one request... Learn from the hard lessons and mistakes done by MtGox and Cryptsy. Please minimize your greed and maximize offering the best service you can for your customers. I, personally, would really hate to see your exchange take the route of MtGox and Cryptsy.
Ty and gl.
Tokeweed
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At any second between now and August there's going to be a nuclear explosion of alts cratering: Just like how you said BTS was gonna moon and BTC was gonna go sub 250? Imho, by August that's when people outside crypto starts to discover the whole scene, so it could go the opposite of what you're trying to say.
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All you have to do is apply and azure will add a coin. I could literally build a coin today and add it. How some coins are pimping this as a partnership is beyond me. This is like me applying for a mastercard and saying mastercard is partnering with me--when in reality all I needed was a decent credit score and a pulse. All you need for azure intergration is a coin and to jump through a few hoops. Anyone who is impressed by this either doesn't understand the process or is easily impressed.
Here's FluffyPony describing the process on reddit:
"[–]fluffyponyzaXMR Core Team 11 points 1 day ago
None of the above.
We contacted them, they told us what we needed to do. It basically consisted of signing a Contributor License Agreement, submitting a PR to the Azure templates Github repo, and sending them a write-up. Took us like 3 or 4 hours:)
All the altcoins saying that Microsoft is "partnering" with them are being disingenuous - you are a partner inasmuch as you have a BizSpark account and signed a CLA.
The upshot of this, however, is that developers that are already using Azure can build applications on top of the Monero blockchain, and are able to spin nodes up quickly and easily."
Bobsurplus is happy with this news.
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And avoid low volume/waning volume coins at all costs.
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A steady stage of low volatility and 'ok' volume means it's being accumulated. Then followed by a spike in volume and a steady rise in price means it's a start of a pump... It really depends how high it goes, but it's really rare that trends become massive like ETH. Not all price actions are the same...
It really helps to keep looking at charts everyday.
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With new altcoins coming out every day, I'm having a hard time discerning which ones to take seriously, and which to disregard. What criteria do you look for in a new coin that makes it stand out? Please don't spam me with a sales pitch for your coin. I would like to know the process for picking out promising new coins before they've already succeeded. I tend to prefer coins that have higher trading volume. They're much safer to buy into imho. Also know the team behind the coin, research each one of them thoroughly.
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I got a feeling that LISK price will drop as soon as it hits an exchange. Too many holders, not many buyers (it seems). I may be wrong but it just seems like everyone who wants LISK has got some. So where's the buyers?
That's as it should be. I invested in LISK - however if they can't entice more investment (buyers) with actual achievements then we are all set to lose some money. Seem's fair enough. Everyone who wants something and will pay the same as everyone else should have a chance to get some during an ICO phase. I mean if Lisk really can't provide anything to entice new money (buyers) to the project given they now have millions to work with then that is how it is. You shouldn't be put off because distribution is broad and fair. Ico projects need to create something that people want. If they can't they die. It's not mean to be a ponzi scheme that only the first few make money from. Although their ICO was not that long compared to some, they advertised it very well. If they don't waste the funds or run then I think they could create something very good and should have a big community behind them. Fingers crossed.I guess it comes down to how good their team is. I read their website and it doesn't really say much except most of them worked on Crypti (which really didn't go anywhere big), and one worked with NXT (which isn't going anywhere right now despite their dev working left and right with new features).
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A lot of people jumped in on Lisk because they missed out on Ethereum's crowdfunding. I don't think Lisk will rise like Ethereum did... Unless they get a banking consortium to use their network.
Just wondering what you guys think about the project... I think it's better technically in some aspects but I can see it being a disappointment marketcap-wise.
I'm actually hoping, somewhat, that Lisk's early trading will be like Factom's: a go-nowhere coin for several months, all the while with an ecosystem that's growing roughly but rapidly. And then,... I hope so too... But the main takeaway here is Lisk's crowdfunding is a success due to the fact that a lot of people missed Ethereum's ICO (which months later is worth 10 - 11 USD), hoping to follow to profit massively like the ETH holders did. But historically in cryptocurrencies, people have bagholded dormant "copy-project-technically-better" coins so much that I wouldn't be surprised if Lisk follows the same path of dormancy. But we'll see, I'm open to it and hoping it would be a success as well... It's just Ethereum has first mover advantage and is on it's way to establish itself as the go-to platform for smart contracts.
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