I haven't added it to the list yet, but it has certainly been discussed in this thread. I have not been able to see or use it yet. I am no longer adding vaporware DEXs to the list since enough DEXs are functional and exist already. https://www.komodoplatform.com/en/barterdex^^^ This says I can sign up to be notified when it is released. Ping me when it is so that I can evaluate it. I love that this thread is so unpopular. Probably means that it'll have good info, instead of the spam that's in most threads. Does anyone have a full list of decentralized exchanges (including those that are announced, but not launched yet)?
Unfortunately, yes... this thread is unpopular. Everyone is having a hard time understanding why DEXs are so important. They are beginning to come around though. I have been seeing a lot more chatter around Crypto Twitter about DEXs recently. Sadly I haven't had much time to update this thread though. I will try to do better... This is good topic, Here are what I got: paradex.io - ERC20 token dex platform powered by the 0x protocol dextroid - They claimed as the next generation dex, but it seems still beta phase Thanks... I have not heard of either of these DEXs! In my opinion, in the future decentralized exchanges will be superseded by ordinary ones.
Tech inevitably improves upon itself. I mostly agree with you, but you also need to consider that well-funded incumbent (such as already existing DEXs) can and will implement new technology. One disadvantage of decentralized platform is the speed of trades compared to traditional platform. It is also much higher transaction fee than the normal trading platform. Even security is also an issue like what happened in Etherdelta. I like decentralize platform but I think it needs more time before it is fully adopted.
I can agree with all of that. They are not optimal, and never will be, but they will be improved upon slowly. We need to still support the DEXs that currently exist even though they are not perfect. Liquidity will not move from centralized to decentralized if there is little/no liquidity on the DEXs. IDex.market is a user-friendly exchange.
Never heard of it. I am glad there are so many DEXs I haven't heard of!! I have been using ForkDelta lately which gives you access to the contracts that underpin EtherDelta but with a site that is better maintained.
Interesting, thanks for sharing. The Etherdelta phishing attack was certainly unfortunate. At least the Smart Contract itself has been resilient thus far! |
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How to connect CryptoHunch to the Bitshares testnet: |
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There are a lot of updates to share, as I have made a lot of progress since my last post.  The trading cards are essential to the game because obviously... it is a trading card game. I completed the Card Explorer. You can view the game cards, and filter them by owned/unowned cards, the different card packs, or individual cards. This code has been completed.  Deck building will be an essential part of the game's skill element. I completed the Deck Builder. You can create decks with custom labels, add and remove cards from each deck, change the deck's label, and delete the deck. The cards are filterable by the same filters the Card Explorer is (owned/unowned cards, the different card packs, or individual cards.) This code has been completed.  User Profiles where you can publish information about yourself, choose a username and avatar, and link to your social media profiles. Other than gameplay statistics, this code has been completed.    The User Profile is also where you will integrate the game server with the Bitshares blockchain. By signing a memo with a Secret Key generated by the server, it allows the server to ensure you own the Bitshares account in which you will store your card game assets. After the one time setup, the game can query the blockchain at the start of each game to see what cards and card packs you own. This code has been completed.  I am not moving on to programming the game itself and the gaming engine. I estimate that it will take a few weeks until the alpha version is ready for a *closed* alpha test. I will announce when and where to apply for the closed alpha test at that time. Cheers |
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Litecoin is as dead as a door nail.  |
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Barter DEX has cool tech. I think Atomic Swaps may be the future of DEXs, but I can't believe people are actually using it in any sort of meaningful amounts in its current implementation. The GUI is super haggard and not easy to understand or use. Stats such as X number of successful atomic swaps can be easily gamed. Until the usability improves I can't really say I'd recommend it to anyone. I still prefer Bitshares at the moment... best combination of everything... GUI, volume, trading pairs, and features. https://wallet.bitshares.org/?r=del.coinhoarderThe new Waves wallet is nice too. I wasn't much a fan of their old one, but their new one is much better: https://beta.wavesplatform.com/ |
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That's not a "pyramid scheme".
I am not interested in debating semantics. I succinctly explained why it is, in my opinion, a pyramid scheme. However, now that I've taken a second look... I did not realize that the inflation schedule has been altered since I've last read the whitepaper: https://steemit.com/steem-inflation/@fyrstikken/what-is-the-inflation-rate-of-steem-here-is-the-supply-table-for-the-next-20-years10% inflation per annum (what it used to be) is quite different from eventually 1% inflation per annum in the 20th year (what it is now). I would consider anything above a few percent inflation per annum in perpetuity unsustainable. Anything at or below that amount is still questionable IMO, but not what I would consider obviously unsustainable. FIAT gets away with it because it's backed by force. Gold gets away with it because there is actually a finite amount, but it is the available supply that is inflating- not the total supply. It is unclear whether cryptocurrencies can get away with it because there is no precedent. I will retract my statement about it being a pyramid scheme based on me learning of the altered inflation schedule. |
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Guys, there is literally nothing about Steem that is an actual pyramid scheme, any more so than any other cryptocurrency (and they're not either, generally speaking with perhaps a few exceptions, even when they are premines, ICOs, and another scams). "Pyramid scheme" means a specific thing which is a structured system where later entrants pay those 'above' them on the pyramid. Nothing even remotely like that exists in Steem. There is no pyramid, no hierarchal structure of any kind, and no one pays anyone else.
The title of this thread was basically trolling and/or ignorance. If you like Steem, great, if you don't like it, that's fine too, but please let's forget about the 'pyramid scheme' nonsense already after almost 3 years. That doesn't mean there aren't legitimate criticisms, I have plenty. "Pyramid scheme" isn't one of them.
Perpetual inflation outpacing the business' profit equals an unsustainable pyramid scheme. Eventually, the token's value will collapse as people to buy the Steem token cease to exist (there are only so many people in the world). Therefore, people that came in later by buying Steem tokens paid those that cashed out earlier by selling Steem tokens. Hence the similarities to a pyramid scheme (I only say similarities because of the asinine semantics involved with the exact definitions of terms such as ponzis or pyramid schemes). There's a big difference in between Steem's permanently inflationary model, and most other cryptocurrencies that are inflation-neutral or deflationary. It is very simple economic logic Smooth... It will take a long time for the Steem token to collapse though because cryptocurrency adoption is at such a low percentage of the world's population. Steem has a chance to be the biggest pyramid scheme of all time. It will take years to decades to collapse. 3 years is nothing in the grand scheme of things. |
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Ripple is dumb. Therefore, Bitcoin.
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I didn't invest 1 cent into steemit, and I made around 12'000$ for blogging. Like I said, I never put money into it! You just have to create some content that people enjoy, and even if you do an amazing work, you could not get noticed if you don't make some contacts with people, you have to create a network of friends that will support each other. It's a lot of work and dedication, like in real life: If you do some amazing music or art, and you keep doing it without sharing it, nobody will notice you! Getting money is not easy, even on steemit. Most people saying it's a ponzi are just lazy people that didn't manage to make easy money. And if steemit is a scam, it means that all the concept of blockchain is a scam too. And therefor, banks are scam too. (I would more believe the last statement) Sorry if my english is bad. Haha.
Cheers!
That is impressive. Good job! I agree most people posting ITT negatively are ones that are probably too lazy to profit off of Steem, and/or are looking to get rich quick and get frustrated. One of the only ones posting recently that has valid criticisms is CornCube. It is most definitely a pyramid scheme that will eventually collapse, but it will probably get crazy big before that happens. It is possible that in that time they can create a profitable business model by leveraging their userbase that is growing rapidly, but I see that as kind of a "hail mary". |
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It's legit official this time... Litecoin is officially as dead as a doorknob. |
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We are making it a point to heavily comment the source code so that new developers can easily jump in and pick up where we left off. There will come a time when we push the game out of our nest and let it fly away. 😏  |
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ok so what now?
exit all crypto markets?
Keep buying. The real bubble will not come for years. This is just a small correction in the grand scheme of things. Just be careful of what you buy. In bear markets, the scamcoins depreciate much quicker than the legit investment opportunities. |
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How do we know the fundamental value of something that has never existed before and a large majority of the world has no exposure to?
Exactly. That is the basis of my argument that cryptocurrencies are a bubble, laid out in the first paragraph in my blog. I'm not saying we are/arent in a bubble, but it is a dilemma that I dont think we will be able to fully realize until we are several years into the future and can look back with hindsight. Is this the beginning of the end? Or the end of the beginning?
IMO, this is simply the end of the beginning. ----------------------------------------------------------- My OP/Blog post can be misconstrued. I wanted to clear a couple things up. To be clear... here and now is not the bubble I am referring to. When the bubble I am referring to sets in, Bitcoin's value will likely be worth 350k+ dollars each. We are still super early, and prices will still appreciate. Compare the top 50 coins in market cap to 2013, 2015, then 2017. Most coins that are in the top 50 today will not be in 5 years. It is hard to discern what will be valuable long-term and what will not be. That's why if you are a HODLer I suggest investing in more established cryptos like Bitcoin, Ethereum, and Litecoin. And I see Bitcoin as being one of the successes of the bubble... the Google or Amazon in my example of the .com bubble. There is a decent chance that they will destroy all alternative cryptocurrency values through 2nd layer technologies and sidechains. And if it doesn't... there is still a strong liklihood of its success due to the Network Effect. |
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^ that was my 4000th post... cool.  |
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A diatribe on free market dynamics, and how they we can affect the cryptocurrency and Bitcoin ecosystem. The Miners secure our cryptocurrency's chain (blockchain). The Lightning Network runs on top of our chain providing a service. Bitcoin businesses effectively are employees for our chain too, because we are the main half (the other smaller half is businesses) that they deal with. Developers are the janitors (emergency bug fixes), construction workers (coding), and engineers (designing protocol improvement) we have employed for our chain. Nation States are like having our own personal police guards that patrol our chain (for better or worse). Exchanges are employed by us too because they ultimately power our revolution...
Continued here: https://www.decentralized.tech/blogs/socialconsensus-stakeholders-should-leverage-social-consensus-more-often |
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Lisk (LSK) (originally Crypti)What they solve: IBD, Storage How they solve it: Sidechains Bitcointalk threadLisk is the only coin I have on my radar that provides a mechanism for pegged sidechains. Pegged sidechains are also planned for Bitcoin, but only centralized ones (e.g. Blockstream Elements) have been delivered until today. Lisk's solution, however, is also not totally decentralized; the sidechains are issued by an entity that must care for the security of the chain via Delegated Proof of Stake (DPOS). But it's a step in the right direction, because the peg itself seems to be managed by an internal mechanism and not by the issuer. Downsides: The mechanism is not totally decentralized I'm not sure this is entirely accurate. My understanding is unlike Bitcoin sidechains which are pegged- Lisk sidechains are not pegged. Otherwise, what would be the financial incentive to build a token/dApp on top of Lisk? Especially when they could build on another smart contract platform and receive said benefits. |
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Did you get to manage to get a refund or something? Or a reply from the guys?
You talking to me?? I apparently was one of the lucky few that got paid back. I got a refund within a few days of the incident. I'm sorry to those that did not. My experience with them was kind of shady though tbh, and this is not that surprising. |
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Well, for example, would I be interested in the first question about the project license as a player? Since I always check it.
Then how are the funds deduced?
Haha. I was excited because I thought someone replied. But it was a bot...   I have most of the non-game parts of the web site functional with a lot of information. I am working on the matchmaking algorithm now. The first iteration, Pre-Alpha 0.1, will just be a quick hack to test gameplay. Everything will be made pretty later. |
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If top price of $2.5 is considered bubble, than yes. But, for me increase from 1 to 2 dollars is far from a bubble. Its just a pump.
You shouldn't look at price, the market cap tells a better story.  How is it a buy right this moment? Everything resembles a large correction may occur. Boy was I wrong on this one... It took me a while to recognize the true value of smart contracts TBH. I did not realize that they have practically an unlimited amount of use cases. Ethereum is in a good spot to capitalize on them more so than other chains/solutions. Not a bubble. |
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