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141  Bitcoin / Project Development / Re: What is the best way to create a new crypto currency? on: February 12, 2018, 04:13:35 PM
I guess I have a few questions...

1)  Are some platforms better or more trustworthy for creating new crypto currencies?  Any recommendations?

2)  I want this currency to have a fixed circulating supply.  Does this mean that my coin should not be mineable?  (I don't really know how mining works).  Any recommendations?

3)  My coin will mainly function as a currency.  I was going to use the ETH20 protocol because hardware wallets seem to easily support it.  Would there be any advantage to using a different protocol?

4)  I'd like to eventually get listed on Bittrex, Poloniex, etc.  Does this mean I need to avoid certain coin creation platforms?  Any recommendations?


Thanks!

coins - a new type of mineable cryptocurrency with its own blockchain. ie. Litecoin, waves, ethereum.
tokens -  a currency for which created under coins blockchain. example, a token created under ethereum. think of ethereum as a base to power your tokens.

the purpose of mining is to get the crowd to maintain the network. imagine google who spend hundred of millions to maintain their server to keep their softwares running, the invention of blockchain will allowed the crowd to maintain your server using their own computing power. in return, the crowd will be given some coins as incentive to maintain the network.

2) if you are looking for fixed circulating supply, you should create tokens.
3) if it will funtion like a currency, you should take a look at USDt (tether usd). let say you have 1000 usd in your bank account to backed these tokens, you should have only 1000 token circulating in your system. whenever someone give you back their token let say 100 tokens, you will burn this 100, so in your total circulation will be only 900.

142  Alternate cryptocurrencies / Altcoin Discussion / Re: 2018 - The year of Privacy coin on: January 07, 2018, 10:57:29 PM
It's true that privacy focused and anonymous coins are very perspective now. Out of those listed, I obviously recommend DeepOnion - it has still quite low market cap so it has big potential to grow. Very active dev team and huge community.

However, I'd advise you to take a look also at DAG-based coins (like IOTA, Byteball, Raiblocks, ...). The DAG tech seems to be very good and most importantly, better than blockchain in many aspects, so some of the DAG cryptos may also moon big time in 2018.

Thanks, will do more research on DAG based.
143  Alternate cryptocurrencies / Altcoin Discussion / Re: 2018 - The year of Privacy coin on: January 07, 2018, 10:43:42 PM
Hello guys,

Ive been looking to invest in privacy coins, Ive made my research and decide that these coins will have a good buying signal.

Let me know what you think before i put $1000 in each of these. Cheers.

cloak coin
pivx coin
xst coin
hush coin
crave coin
bwk coin
innova coin
zoi coin
phr coin
pura
xspec
sumo coin
deeponion
aeon coin
xlr coin
pure coin
xdn coin
xsh coin
sagacoin
etn coin
if you are a fan of anonymous currencies, I would advise you to invest in 2 -3 coins, and not all of them, because they have the same purpose, why invest in all. I think pivx coin and deeponion or aeon coin, will be quite enough

maybe because i have missed all the good opportunity and cant decide which one to bet on. so this time. bet on all horse, hit one, im millionaire. thats my logic by now.  Grin
144  Alternate cryptocurrencies / Altcoin Discussion / 2018 - The year of Privacy coin on: January 07, 2018, 10:27:56 PM
Hello guys,

Ive been looking to invest in privacy coins, Ive made my research and decide that these coins will have a good buying signal.

Let me know what you think before i put $1000 in each of these. Cheers.

cloak coin
pivx coin
xst coin
hush coin
crave coin
bwk coin
innova coin
zoi coin
phr coin
pura
xspec
sumo coin
deeponion
aeon coin
xlr coin
pure coin
xdn coin
xsh coin
sagacoin
etn coin
145  Other / Beginners & Help / What if: 100k usd in Jan 2017. on: December 05, 2017, 06:26:05 PM
Hello there. I have this question to determind which one are more profitable.

If we start at 100k usd in january 2017 to do either one of these:

1. buy GPU mining rig to mine altcoin. change every profit to bitcoin.
2. buy GPU mining rig to mine bitcoin using nicehash.
3. buy antminer to mine bitcoin.
4. buy 100k worth of bitcoin and keep it.

so. which one will be profitable. and why.

If you can, please state your logical calculation. i will update this one the first post.

any other option to put, please advise. should be other than investing ICO or trading.
146  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining with Rx 580 on: December 05, 2017, 06:17:08 PM
i think this should be under altcoin topic.
147  Alternate cryptocurrencies / Altcoin Discussion / ICO, ways i understand it on: July 18, 2017, 08:01:46 AM
Hello guys, im new to this forum. ive been reading about bitcoin and blockchain since 2015, but still have brain fog when it comes to blockchain.

im not a miner, i do keep bitcoin, and i love new technology, and i hate those so called big brothers.
=============================================================


when i first heard about bitcoin, asset holding, smartcontract, etc2, i find this blockchain technology is so fascinating. not only it can distribute wealth evenly ( bank the underbanked with phones),

but we can have new great creation fast,  right from draft to development.

in the old days, we fund project thru VC, but before those fuktard vc want to pay attention to you, you have to get some money from your parents, sell your ps2, sell you cat, sell you gf.

from there, you will work from scratch, building and marketing everything by yourself.

if you not succeed, no marketing, no user base, even if you have a cool tech/idea, those FTVC will not even look at you. and you will die.


so the old day process should look like this, draft business plan>>get money from parents, sell your stuff>>start building the business/idea>>market your own idea>>attract vc>> enter stage funding>> IPO >>> let go your business for new venture.

now with blockchain, it goes like this.  Draft your idea>>>ICO
=============================================================


can you imagine, your crazy idea, no matter how crazy it is, will become reality in no time. with crowdfunding/wisdom of the crowd, you can see if you idea is really working or a failure almost overnight -figuratively.

failing is good, when you fail, you can work on the next idea. this is what elon musk said in his book "fail fast, recover fast". if we fail fast, the way we think will recover fast and evolve faster, because we know first hand which are working which are not. which crazy idea have been done, which are not.


most people, in the old days, keep holding on to a failure without even realize it. why? its not easy to jump start the project. no funding. they will stay with the ideas while fapping in the basement. no improvement.
=============================================================


i really think blockchain is a good thing, it gives normal people like me, like you, a chance that we too can contribute to society with our cool ideas.

it gives all people equality, no matter how crap your idea is,  if you have enthusiasm over your idea, you will get funding from the crowd, [Suspicious link removed]munity will not let you down.

=============================================================
but recent trends i see. the ICO are dominated by the group of people that we can call "big brothers". some company who can "EASILY" get funding from VC are entering ICO market. jakiechanwtf
why dont you get funding from your vc and give these normal people a chance?

some hedgefund manager thinks, investing in "ICO" is a good strategy, buy 5-10million bitcoin/ether, find any geek with whitepaper , launch ICO, deposit their own bitcoin to their own ICO, crowd will follow. bamm. 200mill.

this is good for some guys who invest in their coin and get returns,

but what about us? what about life? what about the future?.


this is only my own view. i dont put any names on my writing. if you want to comment, please, no names.
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