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thanks for the good documentation regarding factom community install guide - it worked fairly well, even though I had to install a virtual box and was using linux/ubuntu for the first time.
next questions: do I have to somewhat import the a private key? (I assume I do not have to) and is there a proper documentation on how to send tokes purchased during the crowdsale?
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Which exchanges do we expect to integrate Factoids first?
Hopefully Poloniex. would indeed be best - I think it would be no deal to contact busoni directly. He is a fine guy and also understands fundamentals pretty well. It is also in his interest to add factoids. |
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quality insights here - great
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interesting double top signals now on finex BTCUSD,2,3, HL as well as finex BTCUSD,4,3, HL - I would be careful.
a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
What timeframe? I see nothing on 1d*  For BTC, HL is preferable for medium/short term traders. CLOSE better for long term traders and/or investors. CLOSE is very useful for riciculously high volatility (as in BFX recently) and to have it always open for seeing a better view of the trend (HL may be on Os while CLOSE still on X column).
In alts I prefer CLOSE and 2% log scale because of the insane volatility.PM me your skype... *In 2 box HL, double top breakout is 234, 4 box 256... timeframe was 1 hour - do you have a reason for chosing a day as a timeframe? pmed you  |
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interesting double top signals now on finex BTCUSD,2,3, HL as well as finex BTCUSD,4,3, HL - I would be careful.
a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
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major rekt incoming
double buttom on bitfinex btcusd,2,3 suggests 182$ (?) - I think we will go lower, much lower for a short period of time.
if we should really go down to like 50$ or something and ethereum manages to decouple, we could really see the end of store of value of cryptocurrencies.
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since this thread is becoming quality thread here in bitcointalk regarding "consensus" in blocksize debate http://personal.lse.ac.uk/list/PDF-files/LogicalSpace.pdfAbstract: Can we design a perfect democratic decision procedure? Condorcet famously observed that majority rule, our paradigmatic democratic procedure, has some desirable properties, but sometimes produces inconsistent outcomes. Revisiting Condorcet’s insights in light of recent work on the aggregation of judgments, I show that there is a conflict between three initially plausible requirements of democracy: “robustness to pluralism,” “basic majoritarianism,” and “collective rationality.” For all but the simplest collective decision problems, no decision procedure meets these three requirements at once; at most two can be met together. This “democratic trilemma” raises the question of which requirement to give up. Since different answers correspond to different views about what matters most in a democracy, the trilemma suggests a map of the “logical space” in which different conceptions of democracy are located. It also sharpens our thinking about other impossibility problems of social choice and how to avoid them, by capturing a core structure many of these problems have in common. More broadly, it raises the idea of “cartography of logical space” in relation to contested political concepts. (List, 2011). |
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well all discussion here is somewhat advertisement for coins but I would seriously like to get opinions on the following situation:
was clams ever discussed here?
clams were distributed to all non-dust bitcoin, dogecoin and litecoin adresses somewhen a year ago - so every non-dust adress of the three coins got 4.6 clams (around 3,1 million coins initital distribution). they use a pows, which is in im my opion a proof of stake which randomly (?) gives 1 clam every minute to every supporter of the decentralised network.
well all of this is quite boring but clams have a purpose. they are the in-house-currency of one of the most trusted dice sites: just-dice. I think dooglus is a well known person within the cryptosphere - he managed days back a very large amount of btc on just-dice and never ran. now his casino has an inhouse investment of around 540k clams (around 650k$)
what is interesting is that clams have an interest rate of around 0,2% per day on just-dice (according to dooglus) - this is all fine but you had this massive exchange risk given that clams are one of the hundreds of altcoins flying around. what basically changed today is that clams are now on margin trade on poloniex. theoretically you could insure the exchange rate of your casino investment, but you have to find someone who is giving a loan on clams.
since you have the interest rate of 0,2% per day on just-dice for clams, you have to find a good reason to give loans at a much lower rate on poloniex. the counterparty is risk is at least as low on just-dice as it is on poloniex etc. pp.
compare a 0.2% per day with the other interest rates: it think btc has around 0.07%, xmr around 0.004%, dash around 0.02% - this should have some implications.
given this special situation I assume we will see an interesting price discovery regarding clams
opinions regarding the situation?
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ok and how much ether is needed for a contract running let's say a week? or is a contract cost covered once it is executed?
On execution. so current daily inflation is enough for ~0.005 / 30000 = 6 Million New Contracts Per Day? there are other unique features of ether aren't there? |
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~30000ETH will be mined per day. Thats ~90BTC at the current price. 2700BTC per month to hold the price at this level assuming no more IPO buyers cashing out. Without big news the price will go down for sure but picking up some dumps and daytrade it for some 10-20% profits could work This is what I needed to know, thanks project is interesting but at current prices not sustainable - contracts are costing around .0008 eth (?) - how many contracts are assumed to run?  Contracts do not run on eth. They run on gas. The price of gas in eth is decide with oracle by miners, so fluctuation in price of eth does not affect DAPP functions. ok and how much ether is needed for a contract running let's say a week? or is a contract cost covered once it is executed? |
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~30000ETH will be mined per day. Thats ~90BTC at the current price. 2700BTC per month to hold the price at this level assuming no more IPO buyers cashing out. Without big news the price will go down for sure but picking up some dumps and daytrade it for some 10-20% profits could work This is what I needed to know, thanks project is interesting but at current prices not sustainable - contracts are costing around .0008 eth (?) - how many contracts are assumed to run? |
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is there any place where i can find its economic fundamentals?
I remember them collecting 30000 btc and using a pow (?) - what is the inflation etc pp?
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trolls are in full force again - look at altcoin discussion see tens of threads... any reasons for this?
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You need to find love and peace in your life my friend. Those frustrations are not healthy. I suggest that you buy a hamster or a cat to start communicating and express your feelings to the world.
the professional trolls are back finally <3 |
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wtf is happening on huobi?
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very interesting method - ty for posting your insights.
I have a technical (?) question regarding PnF: Is there any objektive for the box size?
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I do not think that it will directly affect this crisis but what matters is that due to money as well as capital controls bitcoin as a decentralized "currency" will gain legitimacy.
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very interesting week incoming - climax is the referendum on sunday.
syriza and probably all ultra left wing politics in the eu will see its legitimacy on that day.
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according to bbc the ecb really stops giving fiat to the greece
mayhem
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