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14421  Alternate cryptocurrencies / Altcoin Discussion / Re: Neucoin presale selling like pancakes. Should I buy some or not? on: April 30, 2015, 02:22:16 AM

+2

You can buy after the launch.
With at least 50% discount.


This is what I think will happen too.  I was worried about missing out.  But the market sentiment was different when the IPO for NXT came out.  Those were bullish times. 
14422  Alternate cryptocurrencies / Altcoin Discussion / Re: Neucoin presale selling like pancakes. Should I buy some or not? on: April 30, 2015, 02:17:47 AM
It sounds like all the investors are buying into promises the devs will deliver something special. It's not often any previous IPO coin's devs delivered on their promises. More often than not the investors lose out.

Yeah.  I've been thinking about this.
14423  Alternate cryptocurrencies / Altcoin Discussion / Re: Are the pros going to rule crypto currencies? on: April 30, 2015, 01:29:18 AM
Ripple has been a master of this pump and dump misleading news for an incredibly long time.  Should had seen their PDFs, from years ago, claiming that by now they would have been in every bank - blah blah blah.  Or  that time where they claimed  they were working with "big banks" but it was actually only Fidor and Fidor was primarily only interested in BTC and stopped working with Ripple and instead partnered with Krakken.   Grin


Especially with that new washed out career-dead Yahoo executive on the Ripple Staff, working there must be an incredibly toxic environment.


Anyway we're talking about a company that's older than BTC, Ripple was founded in 2004, and it hasn't gone anywhere in all that time.  Ripple is just an investors' trap, imho.  Success of the ancient Ripple swindling investors also persuaded other vaporware companies to go into crypto, such as Maidsafe (less than 5 employees) from 2006 which was recycling code from open source projects in the 1990s, received many millions of millions over the years and hasn't turned out a single product yet and yet the money has "disappeared"   Shocked

No wonder people don't want to get into cryptocurrency, it's a mos eisley cantina full of scammers, crooks and fraudsters and it attracts new ones all the time.

So true.  Just check coinmarketcap.com.  Most of those coins are a joke really.  And who would want to invest in those?  Unless they were scammed into doing so.  And they are coming after ordinary people's money.  The naive.

But in Ripple's case, with all those VC's investing in Ripple Labs.  Were those VC's scammed out of millions of USD by Ripple Labs?

Here's a link of all the VC's who invested https://www.ripplelabs.com/investors/

Those are big names.  A big lawsuit is coming if they're proven a scam.  Buyer beware and do your research.
14424  Economy / Speculation / Re: Shorts on Bitfinex at a all time high! on: April 30, 2015, 01:22:27 AM
What's the update?  Still ATH?
14425  Bitcoin / Bitcoin Discussion / Re: What bitcoin businesses most fear right now... The NYDFS BitLicense on: April 30, 2015, 01:18:47 AM
Surely businesses will just move out of NYC.

Simple?

Sure.  But that's an oversimplification, and New York is where the money is.  It's where a BTC start up could make a big impact.  Also what's scary is most states might copy NY's Bit License.  What would that make the US as a market for a Bitcoin based start up?  (Almost) Non-existent?  That's like losing your biggest market.  So it's really important that the NYFDS revise those rules and make it encouraging for Bitcoin start ups.
14426  Alternate cryptocurrencies / Altcoin Discussion / Are the pros going to rule crypto currencies? on: April 29, 2015, 02:01:54 PM
Looks like it.  Embarrassed

Quote

Western Union 'Exploring' Pilot Program With Ripple Labs

Global remittance giant Western Union is reportedly working on a pilot program with distributed payment protocol provider Ripple Labs.

The news was first revealed in a tweet by Ripple Labs promoting CEO Chris Larsen's appearance at Global Conference 2015, an annual event held by non-profit think tank the Milken Institute.

The pilot was further confirmed by Monica Long, VP of marketing and communications at Ripple Labs, who told CoinDesk that while Western Union is "exploring a pilot project using Ripple", no further details on the initiative were available.

Long did, however, suggest that Western Union was interested in Ripple due to its existing value propositions, stating:

"In general, financial institutions and networks use Ripple as a technology that powers real-time settlement in any currency to lower the cost of liquidity and compliance."


http://www.coindesk.com/western-union-pilot-program-ripple-labs/



14427  Economy / Speculation / Re: Stay away from bitcoin ! on: April 29, 2015, 12:09:16 PM
Bitcoin eeeeewwwww!
14428  Alternate cryptocurrencies / Altcoin Discussion / Re: LOOKING FOR PUMPER!!! on: April 29, 2015, 12:02:26 PM
tokeweed, I really think I know who he is, and if you stop trying to be funny, and did know how much damage he made in here - you will not laugh that loud. This is no joke at all, because we are talking about hundreds (if not thousands) scammed people.

Sorry..  It's just the shoe on the head thing really gets me.
14429  Bitcoin / Bitcoin Discussion / Re: What bitcoin businesses most fear right now... The NYDFS BitLicense on: April 29, 2015, 11:55:12 AM
I don't understand how you can regulate a bitcoin wallet lol.

Make new address send coins from some obscure exchange and surely it's not tied to any particular name / individual.

Maybe close the users' accounts and ban them in the exchanges unless they only use Coinbase or some other commercial wallet service.  So basically, you can only send BTC to your Coinbase wallet, to a regulated exchange and to a legal merchant.

Hasn't Coinbase started doing this?  They close your account when you deposit to a gambling site right?  

Edit:  That's why I am all for altcoins.  To give the regulators one giant headache.
14430  Alternate cryptocurrencies / Altcoin Discussion / Re: LOOKING FOR PUMPER!!! on: April 29, 2015, 11:43:47 AM
LOOKING FOR PUMPER!!!

Here he is!

14431  Alternate cryptocurrencies / Altcoin Discussion / Re: Neucoin presale selling like pancakes. Should I buy some or not? on: April 29, 2015, 11:41:03 AM
Are you willing to stake 24/7 for the next 10 years?

If not, you could lose much of the value of your investment through the eroding effects of inflation (assuming you planned to hold it).

You could have them mine for you at MyNeuCoin.com. But there is risk of centralizing all the staking power (it is free and easier for them to do it so people are more likely not to run their own software).


Nxt has no inflation so there is no economic cost to you of not forging, you don't feel obliged to lease your forging to a pool just to maintain the value you have. Inflation differences between Nxt and Neu (none and a lot) make unqualified comparisons problematic.

Yeah you're right.  Thanks.
14432  Alternate cryptocurrencies / Altcoin Discussion / Re: Ryan Pumper "Pumpgroup" SCAM on: April 29, 2015, 11:39:12 AM
Here is Ryan



I thought it was Brian.

14433  Alternate cryptocurrencies / Altcoin Discussion / Neucoin presale selling like pancakes. Should I buy some or not? on: April 29, 2015, 10:48:31 AM
http://www.neucoin.org/en/presale

I'm thinking of getting some.  I missed the NXT IPO for being closed minded, and I'm kicking myself for it.  Now I'm thinking it could happen again with Neu.  Please give me valid reasons on why I should or  shouldn't buy some Neucoins.
14434  Alternate cryptocurrencies / Altcoin Discussion / Re: Is your favorite altcoin undervalued? on: April 29, 2015, 10:44:07 AM
Take a look in the signature... That's one INSANELY undervalued coin with ridiculous market cap and best and active developers around.

What are their names?
14435  Alternate cryptocurrencies / Altcoin Discussion / Re: the creator of Dogecoin Jackson Palmer has declared to quit on: April 29, 2015, 08:49:59 AM
he'll be going back to doge after NC failed and then he'll be leaving from doge again 3 weeks later. I also heard he is going to surgically get a vagina.

Now that explains a lot.  Check out his latest blog on why he left.  http://blog.ummjackson.com/post/117287183117/the-real-reason-i-left-cryptocurrency
14436  Economy / Speculation / Re: I have USD 2000 to invest. Should I buy Bitcoins or gold? on: April 29, 2015, 07:33:51 AM
I have USD 2000 to invest. Should I buy Bitcoins or gold?

what you  prefer can hold upto 1 year

Why don't you post the same question in a gold investors forum and see what they say.  Cheesy
14437  Bitcoin / Bitcoin Discussion / Re: What bitcoin businesses most fear right now... The NYDFS BitLicense on: April 29, 2015, 07:30:42 AM
Yeah it sucks.  But there's still hope though. 

Quote

There is big pressure on New York because it is the first state to launch its own set of regulations specific to digital currency. The only other states even working on such policy right now, said Jerry Brito of Coin Center, are California, Pennsylvania, and New Jersey. Most other states are expected to simply copy what New York does, and so, if New York comes out the gate with something too strict, it runs the risk of losing innovative bitcoin companies to other states that are less tough. Wilson went so far as to say that New York could lose “the next Wall Street” to Silicon Valley, or Estonia, or North Carolina.


A part of me is hoping that they pass it as is.  If they don't want innovation, so be it.
14438  Alternate cryptocurrencies / Altcoin Discussion / Re: the creator of Dogecoin Jackson Palmer has declared to quit on: April 29, 2015, 07:13:46 AM
No he was only kidding.  He didn't really mean it.

/thread
14439  Alternate cryptocurrencies / Altcoin Discussion / Re: It's time we discuss accountability in crypto journalism on: April 29, 2015, 07:05:02 AM
I love what you've done to his eyes...  Did you do his tooth too?  ...  I like it.  Cheesy
14440  Economy / Speculation / Re: Watch Bitfinex. Once short sellers' stop losses get hit... on: April 29, 2015, 05:06:54 AM
Pumpkin, See what I mean?  Grin
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