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181  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about IOTA? on: March 23, 2018, 05:57:46 PM
I think IOTA is pretty promising, as it is a cryptocurrency that runs on a Directed Acyclic Graph (DAG), and not on a blockchain.

The idea is that DAG can present solutions to some blockchain's issues. In a DAG network there should be no miners, no fees...  And IOTA uses some kind of Proof of Work.
Is Directed Acyclic Graph (DAG) Blockchain’s New Competitor?


But there is one thing that I really don't fell good about IOTA.  It's about their Coordinator, which is like a Proof of Authority.

The Coordinator is a special node run by the Iota Foundation. It's main purpose is to protect the network from attacks, until the network is big enough to sustain a large scale GPU attack.
The Coordinator makes special transactions called Milestones, which are signed by the Coordinator and are "trusted and legit".

The problem is that now the IOTA network is no more decentralized than Ripple Unique Nodes. What if the Coordinator is compromised?

In future the Coordinator is to become optional or even useless, but as for now IOTA system looks like a centralized service. It's important that investors and users knows about this, even if this is information is polemic and controversy.

https://medium.com/@ercwl/iota-is-centralized-6289246e7b4d
https://www.reddit.com/r/Iota/comments/7c3qu8/coordinator_explained/

I don't have much confidence in IOTA myself because of the team, but IoT is a big upcoming industry and definitely worth getting into when these opportunities present themselves.
182  Alternate cryptocurrencies / Altcoin Discussion / Re: Potential ICO projects in Q1/2018? on: March 23, 2018, 05:55:02 PM
Check out my signature, pre-sale should have started today or will start today/tomorrow. Just read the whitepaper see if you like it. I personally think its fantastic hence why I do the signature campagne.
183  Alternate cryptocurrencies / Speculation (Altcoins) / Re: CryptoLeaders : An Ethereum game to own & trade historical figures on: March 23, 2018, 05:53:30 PM
These games are a bit ridiculous imo and on the verge of a ponzi scheme. Some can be entertaining though I kinda liked EtherDungeon.
184  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Am I considered a whale if I trade with $10,000 on: March 23, 2018, 05:51:36 PM
Just wondering. Would I be considered whale  Huh

No, thats pocket change to the real whales, try 1000-5000BTC or more.
185  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there a point in having 1 NEO, 1 LTC... on: March 22, 2018, 06:35:27 PM
So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.

Well if either doubles, then you doubled your money. Sure it might not be a lot since you didn't invest a lot but the return percentually is still pretty great. If you have some sort of montly income or anything like that I'd advice to montly average into something you think will do good in the future. When it then does and this market picks up its pace again you can invest in some more riskier and rewarding cryptos
186  Alternate cryptocurrencies / Altcoin Discussion / Re: which coin of your portofolio you regret investing in? on: March 22, 2018, 06:33:14 PM
Few ICOs that never really did anything; BCDiploma, Soferox and Crowdholding. I didn't invest a lot though we're just gambles but I atleast expected something to happen instead they have almost 0 volume and I can't even take a loss.
187  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about IOTA? on: March 22, 2018, 06:31:30 PM
You're not the only one that has problems with the IOTA wallet, apparantly according to their CEO they outsourced the making of the wallet to an English university. The CEO said that they only made the wallet on persistance of the community who wanted one. I'm hearing a lot of stories aobut IOTA and buggy code, missing funds and wallets that don't sync. I personally don't like IOTA very much since the CEO doesn't really care about the people that invested.
188  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2018, 03:24:54 PM
Speaking of yourself?

I'm not shilling nonsense about coming of global currency.

Quote
"It's slow and it's costly, but as more and more people have it, those things go away. There are newer technologies that build off of blockchain and make it more approachable," Dorsey said in the report.

Bitcoin is able to do 14 transfers per second and it's mining costs over 1000$ per user a year. How the heck is more people having it going to fix this?!
At the end even he confesses that there are newer and better cryptos then bitcoin, somehow forgetting that he was shilling on bitcoin becoming the global currency. This guy doesn't know the heck he is talking about and is possibly having some kind of a mental breakdown.

Bitcoin might not be the most technologically advanced blockchain but it has proven itself as opposed to all the other blockchains and crypto's. Its still in development aswell and a little patience is needed. I'm pretty sure BTC will scale in the future and will make most altcoins redundant. The internet didn't scale aswell early 2000 there we're many businesses giving up on it but it just needs time. The fact that we are talking about scaling is a milestone of itself. I'm pretty sure that we will also gradually move to renewable energy and green energy making the electricity consumption debate of BTC less relevant. I should probably also point out that the the electricity consumption debate on BTC is being magnified by the media. The data centers of the olympics consume way more than Bitcoin does, but ofcourse we don't pay any attention to that. If you hear the media talking about electricity consumption try for yourself to atleast get a frame of reference on what such consumption means. They're just comparing it to countries but what about certain data centers and payment solutions? How does it compare to those? How does it compare to an industrial complex? Those are the things you don't hear. Everyone is just salty for not buying BTC for pennies (  Grin )

P.s. Just kidding
189  Bitcoin / Press / Re: [2018-03-20] Cointelegraph: Researchers: Child Abuse Found On Bitcoin Blockchain on: March 21, 2018, 02:28:17 PM
I'm wondering about the repurcussions of this, also anyone with bad intent could start a negative PR-campagane against BTC by uploading illegal images/files/links to the BTC blockchain. Worry's me a bit.
190  Other / Meta / Re: why every day we must repeat the same q in this forum section it's booooring on: March 21, 2018, 02:23:39 PM
Is bitcoin dead? ...Saving bitcoin or Withdraw?...Is bitcoin worth risking your time and money?...Are you holding Bitcoin?
wtf  2 months later every day i see this topics r we in best bitcoin and blockchain tech forum or at children school

Look close, notice how its all newbies asking those questions. They just want to boost their post counts and ranking without getting banned/posts deleted. Yes it is tiring, the altcoin section suffers the same fate. Probably a lot of bot activity aswell. Can't do much about it though.
191  Bitcoin / Bitcoin Discussion / Re: The simple and undeniable reason why all cryptocurrencies will collapse on: March 21, 2018, 02:18:49 PM
Galileo Galilei once said, “All truths are easy to understand once they are discovered; the point is to discover them.” Discovering truth about cryptocurrencies (cryptos) and showing that they are not money but faith based schemes that are bound to collapse, is the goal of this article. The first step toward achieving this goal is to explain why economic relations between people, where transfer of ownership rights is taking place, cannot be based on faith, and how, in that regard, cryptos differ from tangible goods and fiat money. After that, we will know what money actually is, and what it represents. Given this knowledge it will become clear why cryptos never were, nor ever will be money. The rest you can read here: https://cryptofraud.wordpress.com/

The monetary system as it functions today is based on faith, there's nothing backing the Dollar or Euro expect for your faith in a government. Governments can collapse you know? Your argument invalidated your argument. If you're going to say cryptocurrencies aren't currencies nevermind whether it is BTC or altcoins atleast understand the monetary system before you start arguing against them. You think that just because something is tangible it has value? Well why don't I start paying you with toilet paper instead of Fiat currency? Fiat has the intrinsic value of near nothing and is soley based in the assumption or belief that I can get something of value with my worthless papers, alteast with toiletpaper you can wipe your butt and it doesn't sting. Golds value is entirely determined by faith, and if you want to argue that gold is used for electronics and jewelry then I refute your argument by saying the value that is given to gold in that regards is only a few percent and doesn't account for the rest.

Face it, everything is based on belief. If you're going to shit on crypto atleast do it right and give some good arguments. So what is money? It is a tool to communicate value. What does it represent? Well it doesn't actually represent value or we wouldn't use valueless papers. Money represents its author and its culture. The only fraud that is being commited is by the centralized banks that print money as they please and loan money to charge interest for money that doesn't exist.
192  Alternate cryptocurrencies / Speculation (Altcoins) / Re: We are all fu***ed on: March 20, 2018, 11:39:41 PM
because  of  dumbs's  money,  which  went in   in December, and  then went out in January.

You normie people  have  ruined  some  early  adopters.

For  normie  people I  consider:

--  people   who have a  girlfriend

---  social  life

---   normie  who traded  forex  and   knew  about  crypto in 2016-17

(I  knew about  coins  since 2013)


You   avearege IQ  people,  you  went  out  in January
hope   you are  dumb enough  to  came  back in later  at the next  bull run, if any.. when the  blockchain teck  will evolve  and  it  will  scale  so  to be used  in the everyday life use of cases





And you don't think its because people usually take profits in january? Also if you've been here since 2013 you should have seen or atleast learned about it before?
193  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 300.000.000 Tether enters the game on: March 20, 2018, 11:32:43 PM
There has been produced 300mil tether 19:51 march 20th.
https://omniexplorer.info/address/3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL


I highly suspect some high-end players and going to short the game once again, and ruin the last few days of green.

Or did i miss announcements on some massive exchange that starts doing usdt/btc??

Tether prints when people deposit money into Bitfinex's exchange account and they in turn issue them tether. So it could mean that people who have been on the sidelines are jumping back in.
194  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Comparing to Electroneum: Why Marinecoin can rise 100x on Successful Airdrop on: March 20, 2018, 11:31:27 PM
If I see these words in topics : airdrop, 100x, opportunity etc. I go away, no airdrop or such trash coins make 100x because they don't build anything valuable. It can be only done by lots of scammed people.

Oyster Pearl was aidropped and I think it did well over 100x. Most aidropped coins don't really have much of a future but some do pretty well. Lumens is aidropped and NEM I believe was airdropped aswell.
195  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it real that Cardano can`t grow to much in price with big Market Cap? on: March 20, 2018, 11:29:36 PM
Is it real if Cardano grows in market cap but the price will remain unde 10$?

I think its peak was 32 billion, it could go back there again which puts the price over $1,- there's no way to really tell where it will strand if you believe in it and think its a smart investment then why not? Even doubling your money is essentialy an amazing return maybe if you wait longer you get a 10x.
196  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What’s happening to today’s ICOs on: March 20, 2018, 11:10:04 PM
Imagine having the world’s fastest racing car; you’ve got the keys, you’ve got the license, the registration, the beautiful interior — it’s all there. But here’s the thing, you hardly ever get to drive it - Why? The gas stations don’t accept your money, and the price of gas is in constant flux: one day it’s super cheap, the next it’s worth almost as much as the car itself.

That’s what’s happening to today’s ICOs. They are raising an eye-watering amount of funds (over 1 billion in 2018 alone), but once the funds are in their wallet, it’s incredibly hard to use them in a practical way.

Here are the two critical issues: liquidity and volatility. The former breaks down like this, I raise $1 million in ETH but I can’t use it to pay my rent. The latter, I raise $1 million in ETH but its value could drop drastically in the same afternoon. Now I’m asking myself….

How do I use a store of value (that’s continually fluctuating) to make sure that my two kids have their school fees paid?

Read the whole article: https://medium.com/@globcoin_io/what-can-icos-learn-from-the-electrification-of-cars-326ee5a63139


Ethereum isn't a store of value and any ICO that accepts Ethereum should be well aware of all the risks that come with it. With that said I think most ICOs hold on to their ETH because most believe it will be worth more in the future.
197  Alternate cryptocurrencies / Speculation (Altcoins) / Re: one IoT project to rule them all?? on: March 20, 2018, 11:08:05 PM
what do you guys think about IoT Chain (ITC)? Known as IOTA's rival but they use DAG+PBFT consensus. IMO better tech. Mainnet is set to launch this year. Crypto lark's video on them: https://youtu.be/BE8Gf-6sfJ4

What's your viewpoint on IOTA vs ITC??

Also a good read comparing them as well - https://www.huffingtonpost.com/entry/a-beginners-guide-to-iot-chain-the-iota-of-china_us_5a4a4edee4b06cd2bd03e183

ITC will probably fall in favor with eastern corporations just like IOTA is forming mainly western partnerships. Can't really tell which one is better since ITC doesn't really have anything out yet. IoTChain took a big hit though these past few months and if you we're looking to get into it now is probably a good time.
198  Bitcoin / Bitcoin Discussion / Re: Homeless use Bitcoin on: March 19, 2018, 09:29:25 PM
This is something incredible. I can't even imagine that in my country... These are very advanced homeless people.

I suppose being homeless in a 1st world country is very different from being homeless in a 3th world country (no offense). It isn't a mystery to see a homeless man/woman with cellphone access though and they can get free internet at libraries.
199  Alternate cryptocurrencies / Altcoin Discussion / Re: How does affect you bearish market? on: March 17, 2018, 09:29:49 PM
Sounds like a buy signal to be honest.
200  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ncash listed on Bittrex soon? code on: March 17, 2018, 09:17:18 PM
Ncash listed on Bittrex soon? code

watch code bittrex



Probably not, Bittrex doesn't list securities under sanctions of the SEC. Since Ncash doesn't have a working product yet they won't be listing it.
Come on, man, if you analyse some projects listed on Bittrex, you will probably realise, not all of them have a working product. Deciding whether or not each token is a security is a point to discuss.

Personally I believe, Bittrex eventually will list ncash. Their first listing was on Binance, it is a great start .

Old coins, and no Bittrex won't.
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