Hello everyone, I know that eth will resort to add PoS staking method on their platform. Hence said, will the team give up on PoW cause this is what power their mining part on their network. Or they will totally shift to PoS. From what I understand, they will only add this consensus but still will use PoW to maintain both mining and staking. Could this be possible? Or should I say, am I right with my statement?
I've been delighted to discuss this topic to all visionary and tech genius out there. I'm really fond of ethereum project and will support them until the end. Hopefully someone can discuss here what will happen next for ethereum. I'm not talking about price speculation but rather tech development. Thanks
I think from what I have read about this proof of stake development in Ethereum blockchain,they want to operate both consensus mechanism, that is Proof of work(POW) and proof of stake(POS), however they have to move fast because of other emerging killer technologies. Not sure about that, you can see that whole of crypto go down a lot. and another copycat platform of ethereum has been doing the same like it. they are all getting down more and more. Another blockhalving will come but the dev core of ethereum still tested the casper pos and it needs more time to go.
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It is good news that celebrities supporting cryptocurrency. It will help make crypto more strong and stable. I also think that celebrities endorsing coins will help create pressure on those against it to rethink their stance on crypto.
By any means those celebrities aren't literally supporting cryptocurrency but earning money through cryptocurrency by endorsimg some project that willingly to pay them for what they have which is popularity. It's not they are believing the efficiency of blockchain system or what, they just here to make money.
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The crypto currency already gives many opportunities for earning. If all projects will reward users for loyalty, then global poverty will wane less. After all, even simple walks along the street can be connected with the blockchain.
I think this will be the hardest thing to do. However, I agree that cryptocurrency can provide income, but the problem is that everyone cannot use cryptocurrency as a place to get money because they have limited knowledge in technology issues. Usually people who don't have a good economy will find it difficult to learn about technology, so I will make cryptocurrency very difficult to reduce poverty in the world. Cryptocurrency didnt provide income to anyone, it's a currency, it's not a company or anything, if there's someone making a job for people then it's the community that make that idea to real life. I see so many people are talking like cryptocurrency is a job but NO satoshi himself said that cryptocurrency is basically a money with digital advantage. people just get everything wrong in this matter.
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If looking at market conditions I don't think it's healthy because of the price easily changeable. And now I see the BTC has already started up but ETH is still down. And Altcoin also has yet to show the will to rise. Hopefully, such a condition could soon recover and prices stabilized.
that's basic knowledge of cryptocurrencies there's no authority behind it the price is purely affected by demand therefore it can change a lot but with bigger market capitalisation if it can atleast be same as gold's market capitalisation the volatilit will probably be the same as what gold have right now.
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Interesting fun fact: Binance was only rated 3.6 on ICOBench and look what happened that's really interesting, since the beginning I always skeptical to all those ICO rating site and that this revealed then I will stick to my believe to never trust any such sites. they're there just for money not for reviewing it so yeah, kinda useless to just trusting all those sites.
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Since cryptocurrency is more or less regulated by ourselves and we need to protect our coins ourselves (compared to fiat being protected by governments and their police officers when your money gets stolen, which mostly doesn't bring it back anyway) we need to be really careful because when once its gone, its fully gone.
Nevertheless, the good part of it comes from the multiple layers of protection you could have. You can literally have in stored on a USB like ledger and store it so carefully that even if a person steals your ledger plus your laptop or pc and that person can still not reach your wallet.
Hence, if you are getting a big number of your coins stolen, that kinda means you are not protecting it well enough.
Could be 2 reason though, he's not protecting it well enough or it's just the hacker outsmarted him. Sometimes you are doing your best protecting your crypto and then it dissapear like magic. sometimes someone got phished without knowing what's even going on
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yes, sometimes the bounty hunters and early ICO investors are the responsible for the dump price after listing in exchange, maybe they afraid of losing money if they do not sell their tokens right away.
Early ico investors has a big role to this case. in fact so many ico never try to reconsider about their bonus. I take there was an ico that offers 200% bonus to the private sale investors and that looks so crazy and i can't believe that was a real thing.
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Everyone I know is now buying ethereum.The lowest price this year attracts many crypto enthusiasts.Such an opportunity may never be.
now I think ethereum's price is very good to buy, The price of 280 $ for ethereum is very small People are still feeliong doubt about that and it seems like there was a chance to the price of ethereum to get another decrease again. We are still on the journey to the deadline of bitcoin ETF at the end of next month. It's very good but not so good as you said because it's too risky.
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Because Ethereum is simple, secure, and transparent, Ethereum has a high status in cryptocurrency. It is the king and people trust it very much.
No, the only reason because it has adopted by so many people and ethereum has a very big daily trade volume and that will be providing easiest way to the ico to liquidate their ethereum to the fiat form. You can try to see EOS and it has used ethereum too as the money machine.
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Yes I agree Blockchain will take over everything because the government will be powerless about it If you look across to the World Cup Tickets were sent over Blockchain Over 109,000 tickets It’s jjst beginning
Not sure about that because it's not yet even implemented to the real life. It's too far to call that the blockchain will change everything. I just know that satosih has created the blockchain system caused by he was seeing a lot of disadvantages on the traditional economic system.
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Actually, waves also have a very great technology likely the ERC20. Waves are also easy to use for transaction and circulation. However, most ICOs use ERC 20 for their system. More use this. Therefore, it is probably that ERC is more popular and familiar. Many people prefer to the familiar thing to make it simpler. However, it doesn't mean that waves is not preferable. You can use this platform also for your system.
Unfortunately ERC20 is on ETH which has capacity problems & expensive transactions. So if your use-case needs speed and low cost then go with Waves. The platform as a whole is far more advanced and more safe than Ethereum. The main reason is not about the comparison of scalability between both of the project but i must tell you about the real reason about that. Can you prove it if the waves is more secure tha ethereum platform? there was so many bugs and you must try to do audit to the waves platform. The adoption and demand is the main reason why a lot of people are choosing ethereum.
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From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile? Over the last couple of months, things seem to be moving rather slowly?
I would say a minimum of $1000 will be a good start. That beiing said, with that amount you can diversity and have a very well distributed porfolio. Some points I note that trading is risk and it is not everybody cup of tea . Be ready to take losses as well and hold for some months if required . You need to have Patience and not all trades will give you profits . You may have to book losses as well . That's why to minimize the risk and he must try to get the altcoin when it was reached the dip price. There was no reason not to do that consider more dip and that will give you a little risk to get lost. The market is so unpredictable and this will be so long until there will be a new bubble will come
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Do not go with HitBTC! One of my friends registered, 3 weeks later somebody hacked his account. No funds were stored, but still, the insufficient countermeasures against hacking is a problem. Also, they have HUGE withdrawal fees (10% is usual) so I would say, avoid that.
Binance is a sound exchange, you can try that. IDEX, or other decentralised exchanges are usually a good option, because they tend to have lesser fees, than centralised ones.
Hitbtc has charged me more than $50 for each withdrawal. Hitbtc has the worst service right now. Some decentralized exchange still need the more research because i heard that even some people have been saying if their balance have disappeared from their accounts. It's so difficult to choose the best one besides of major exchange site,
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blockchain for banking is very good and revolutionary because this technology can save time for operational costs. blockchain will make lenders, loan recipients and money storage simpler, transparent and efficient
Blockchain is to change the traditional economic system and it can be used to provide the system will cost less on the transaction, maintenance and adding more transparency. It's simple but has a lot of advantages. Basically blockchain is focused to change the traditional system.
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The most correct opinion will still be yours, but in my opinion a very good altcoin for investment is NEO.
NEO is a good coin and now considering a huge fall which has happen their are other coins as well which can be considered for the investment purpose and holding those can make you rich or in short term as well you can make money from those coins. It's not a huge coin and you must try to do a lot of research rather than create such a speculation without any fundamental support. In fact when the majority of coins are increasing a lot and the price of NEO still stagnant and there was no a lot of increase on it. That means if NEO lack of demand or something wrong has happened on it.
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The present situation of the market has caused panic into the minds of some crypto enthusiasts. Some have not seen so much dip as this. One thing i know is that, crypto is very volatile. So no matter how much it falls, it will definitely rise back. Just watch out for what will happen in few weeks' time. I will only urge you to wait and do not sell in panic.
This time in us who are brave and hardest. I think some will fear and sell them but some still retain and even buy more when the market is getting better. I can only wait for Bitcoin to come back because i believe it will be back. If those who fear will all dump, we will build a strong community of holders because we understand that it's part of the market condition and it does not mean it will go down hard more. There is always time to witness this kind of market situation but we should be patient and look for a better timing to sell at a profit. They are taking advantage on their own risk and it's not a problem, when the dumpers have dump all of their token and the price of token will have jumped back again more than what the rate they have been selling on it and then they will try to put more money to enter the crypto again. It's better to do something rather than nothing.
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Starting this month is the first CN coin to have a mobile wallet, also new tech named uncle mining will be released in Q3 and blocktree sharding protocol is scheduled for 2019.
IMO, the most important property of Masari is not the mobile wallet. It is the fact that Masari is a Monero fork, much like LTC is to BTC. So Masari has privacy features by default. They try to improve on the mining process and possibly implement blocktree sharding, in an attempt to improve scalability. Given the smallish marketcap, I have to say it seem like a really decent coin, probably worth looking a little bit more into it and maybe even investing. Thanks for sharing. So, can you tell me does masari have ASIC resistanc just like what has already implemented in the Monero? I guess moneo has a big problem caused by asic miners in these days. So many monero fork coin and what make you call that even better? I just curious abuot that basically all of them have the same specification.
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I guess staking coins can done if you're having holding with crypto bank like minexcoin. Their minexbank has a parking stake earning which my friend now earned every week on his holdings, and the profit really provided him for his family needs. That's why nowadays it's hard to find a project with legit and successful community aside from minexcoin. I don't know yet if there's other coins to be found like minex, and if there's a possibility that will be a good opportunity.
Emmmm.... have you seen that why it has no a lot of daily trade volume? Because a lot of the speculators don't interested to buy that coin. I have seen so many bad reviews about that and that should become our awareness before try to buy minex coin. That looks so terrible coin and i think we should think for a twice.
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Recently ETH dropped below $300 , what do you think the future holds ?
Do you think it will still go below that?
It has already - current price is $283 and it was even lower (around $270 a couple of days ago). As far as I can see, Ethereum hasn't been able to climb above $300 for over past month - and that's a bad news meaning that the current alts' dip will last for yet another several months. now it has gone up again seems to be the range of $284. should still be optimistic and continue to pray the ethereum will be improved, although it requires a process and time. but so far I trust the ethereum will improve immediately. It will but not for this time. Consider about the fact that the movement of ethereum always try to follow the bitcoin and that means it has no clue about the future price of ethereum. The bitcoin only gets a little jump and then the dump will be following it later. I could say that the ethereum must try to be independent to get its real price.
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