they are shaking the tree before they suck up all your cheap btc

I would say there is no guarantees here about how low they can drive it before they decide to let it rise naturally again.

Long term holders will do fine

in 5 years  when btc is 1 million bucks then ada could perhaps reach that but it will probably be long forgotten by then

better to go for better projects though like

byteball
bitbay
blocknet

The futures markets were definitely a double edged sword..


Bay deserves to be doing so much better though anyway in relation to other alts.

Do you think it may be best to keep the peg until after we hit a much larger cap and volume so exchanges are motivated to incorp whatever extra software the peg requires. I fear it bittrex or upbit gives us the boot it will be super bad news

Perhaps better to try to get on the tps hype train and end up with an eos or ada cap and volume first then flip the peg on.

can't wait - love these crystal balls for noobs with zero merit. No need for any corroborating analysis when you have one of those.

but good news none the less

this is just a small exchange and nothing much to worry about i really would not have thought 40M could reduce btc that much but still may contribute to this fall back

dont worry decentralised exchanges like blocknet and komodo are almost done

yup plenty of room for growth .

Nice to get huge dumps without them the opportunities would be far smaller for the little guys around here

Go ahead whales dump it back to 5k and below

the btc train won't stop its the only real show in town

the alts that are not vulnerable as illegal securities (actually and those that are) have not solved any of the so called flaws of btc they have just reduced the decentralised trustless nature

there are a handful of specialised purpose alts who are flying under the radar that could have long term returns better than holding btc

other than that stop fretting guys these huge dumps if and when they come are opportunities

nobody wants or needs centralised gov or corp projects - we need a global decentrallised trustlest currency or unit of wealth that is easily exchangeable transportable etc etc  btc or btc with LN goes along way to give us exactly what we need.

why would anyone not prefer a dex??

why would a community obsessed by decentralisation suddenly prefer a centralised exchange
?

certain and utter obliteration

dex are the next big exchanges and rightly so

there is no decentralised trustless end to end arena with centralised exchanges

there is sadly no getting away from it no coiners (if they have never owned cc and had at any point a few hundred bucks spare to invest after essentials) are almost complete losers for missing out on the best opportunity in the last 20 years or perhaps of their lifetime. 

Although this is nothing to laugh at at all.

However they can remedy this still since we are not yet seeing such adoption that rags to riches is no longer possible over night.

Simply find the best projects that are still way undervalue - buy and hold.

Bitcoin will not be killed. TPTB want bitcoin now.

we still search for more meeting the criteria in the OP

Exactly David. Yes, the concept of pruning and benchmarking nodes with rep system sounds excellent and effective.

Great news on the peg and for sure I do like to see incentives for investors to hold strong rather than attempting to churn constantly to increase their holdings.  I like the idea of the more you lock down and the longer you lock them down for the more interest you get. For example it would be great (although perhaps crazy complex to implement) like you have a filed where you enter how many coins you will freeze and a field for duration of freezing then it shows you the interest you will get for that entire period then you hit confirm a couple of times and its done. Although I know when the layman announces such great plans the real coder and real designer sighs and thinks to himself if only these things were possible or even plausible   so yeah anything to give extra incentive to hold or lock up is great news david

can't wait.

Could you give just a brief (not detailed enough for copy cats to start getting ideas) outline of how the benchmarking and rep system of nodes could work. I'm guessing their hardware is given a stress test and they get a score and those with the fastest hardware would be the primary nodes. So  a bit like dpos but not down to 12 nodes like some super centralised systems.  The rep system is automated? according to downtime and other misbehaving factors? and will pass processing to the next most powerful nodes if more powerful nodes rep gets too low?  do you think this along with a pruning option would enable bitbay to challenge these so called 3.0 projects with tps?  also how long would something like that take to fully design, test and complete for bitbay?

It would seem to be after that bitbay would have everything it would need to score higher or as highly as nearly every single project on this board in all important areas except perhaps anon which tbh is already coming under some pressure in several countries so it could almost be better to watch how that goes before even considering adding that.

If we had such a design already planned out and on the road map I would expect we can expect to grab a bit of the tps hype before pegging. Would be good to have 1.5k -3k sats before the peg is activated.

wrong

I have demonstrated with numerous examples that we are alienating many noobs with gbyte units

mbyte is the way to go and even full rebrand could be useful in future

full distribution and a making the tech more decentralised could be useful

Unless people have criticism that has some weight ie brings some observable events worthy of criticism their comments mean nothing.

Bitbay is way way way ahead of other projects of our market cap and really is equal to those in the top 20 .........let's face it MOST of the top 100 caps are bullshit fake inflated caps that would implode like a rotting pumpkin if someone tried to cash out any significant %

I think people think pos3 is old hat now (even though it may be a very strong design) they are all about high tps bullshit blockchain 3.0 (most of which just look like very centralised solutions).

Thanks for the update; great news to hear just a 6 more days until version 3.0.0 

I know it is tempting to leave the board for other more convenient modes of communication but really a good presence on bct should never be underestimated.

this forum of course but it has been greatly polluted since 2016 with a lot of shit to sift through to find real gems

as we know amazon ceo is a firm lover of btc and LN

I'm sure he will add it

1. when he has stocked up on enough btc
2. when the btc are in firmer hands and it is less volitile

1000 is more likely in the near future once people rush back to pow coins after the sec takes out the ico schemes 1 by 1

they are all listed there on coinmarketcrap they wont miss any that sold illegal securities .... uncle sam has a long memory

wozniak is a genuine inventor not like a copy cat like gates