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21  Economy / Trading Discussion / Re: Road to 0.1 btc on: January 03, 2018, 08:10:43 PM
With such a low investment I would pick 3 coins max and stick with them, my personal favorites right now are DeepOnion (anonymous transactions through the Tor network), Shift (building the new decentralized internet through IPFS) and Kucoin Shares (these allow you to take a percent of the daily trading fee on the Kucoin exchange). What you can also do is invest in a coin  that has a really low marketcap with a decent project and hope it shoots to the moon. It is also fun to daytrade and if you pick up on the weekly McAfee tweets you might make a decent buck. Have fun tradig and I hope you will make it to 0.1 btc!
22  Bitcoin / Bitcoin Technical Support / Re: Transaction stuck for over 2 weeks set fee too low because i'm an idiot on: January 03, 2018, 08:05:27 PM
Electrum also charges a very high fee lately. You can change the fee manually so this is a good thing. But still, the btc fees are increasing tremendously! I made a transaction a month ago with a 1 mbtc mining fee and it was stuck for three weeks. Now a week ago I wanted to add more mining fee but the transaction that was previously blocked suddenly cleared. I don't know what happened but I am glad it did. But anyway, Electrum is a very good wallet that allows you to add extra mining fee.
23  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO]COSS Token Swap ICO is LIVE on: January 03, 2018, 07:59:59 PM
There are several projects like this that are sprouting up right now. Coss, NVO, Kucoin, ... I personally have had a great experience with Kucoin recently. They pay out daily dividends to all shareholders. The payout is a small percent of each trade made on the exchange. So if ETH, BTC and LTC are traded that day every shareholder will get a little percent of ETH, BTC and LTC.

Ofcourse the marketcap of kucoin is way higher than the marketcap of coss, so coss is a more attractive investment in that sense. Coss also asks higher trading fees than kucoin. Kucoin has a 0.20% trading fee, Coss has a 0.20% maker's and taker's fee; Coss will also introduce a marketplace where they will ask 0.75% maker's and taker's fee aswell.

I think kucoin will grow more and more in the following weeks due to their marketing plan and invitation plan. But coss is definitely an interesting investment as it is always good to check out the competition.
24  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA or XRP? on: December 26, 2017, 11:06:52 AM
Yes, I agree with your point of view. Besides, I think that when Ripple is controlled by one company, it is not really a cryptocurrency. I love IOTA, it has shown the value in 2017 and the bright future is coming.

I agree, XRP is far from a crypto currency and should thus be avoided at all costs. From an investment perspective however, it is a reasonable investment as they have some large institutions behind them. This being said, I believe XRP is the counterattack of the banks and goes against the nature of crypto currencies. Cyrpto projects should be decentralised. IOTA is thus the better investment option if you take into account the value fo decentralisation.
25  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 Key Reasons Why DeepOnion Will Become The Top Anoncoin In 2018 on: December 26, 2017, 11:00:45 AM
I came in with little over 100$ or no money to this community and am very grateful that supporting this community pays out to the member and when the community is strong and committed this can also be a driving force to be a top altcoin in 2018.

It is true indeed that a strong and active community are key for a cryptocurrency to gain mass adoption. DeepOnion is tackling the marketing and community aspect very well through their bounty programs and DeepOnion Airdrops. Meanwhile, the technology features are being developed actively and almost all of the DeepOnion budget is being directed towards development, rather than expensive and loud marketing campaigns. They have already released DeepVault and are close to releasing the DeepSend feature.

Stay tuned and follow them on twitter Wink

https://twitter.com/DeepOnionx?lang=nl
26  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 Key Reasons Why DeepOnion Will Become The Top Anoncoin In 2018 on: December 26, 2017, 10:54:32 AM
I have no deep onions - although I do like its distributional model if it works until the end as it should.

However although it may do well and i hope that it does. There are 2 anon coins are superior that will prevent it ever becoming the top 1


pivX  the superior anon coins right now by far

their team is far better than onions

xmr (although very expensive now already so make what you  will of that.)

their team are mostly annoying but seem very skilled too.

there are 2 more but i can't recommend them just yet.... but soon...

but full credit to deeponion for creating a wide distributional model and if it completes that fairly i do hope it will become one of the top anon coins.


Also some other anon coins that have a far better team of cryptographers

Can you explain to me why you think these anonymous coins will be superior in terms of technology? I would like to hear your opinion about it.
27  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 Key Reasons Why DeepOnion Will Become The Top Anoncoin In 2018 on: December 26, 2017, 10:49:12 AM
The most important anonymous coin that we are going to have during the next year is just PIVX.
Do not think about deeponion because it is a real ponzi scheme, the only ones who have larger amounts of onions are those who are in the airdrop, the other ones.. they have 1 to 20 onions max.


I understand your urge to call something a ponzi scheme. But I recommend you to do your research about DeepOnion and you will soon find out it is not a ponzi scheme but actually a really promising project.

When DeepOnion launched in july 2017, there were a lot of scammers who called the dev a fraud. The team behind DeepOnion had taken 90% pre-mine, so obviously your first instinct is to call it a ponzi scheme. However, this 90% pre-mine is not kept by the developpers to get them rich, but is instead distributed to the active DeepOnion community. The move to award active users with airdrops is not only a good bounty program, but also a very solid marketing program which has led them to gain 67k twitter followers in just 5 months.

DeepOnion is a young coin who has had to deal with ponzi scheme allegations from the beginning. Yet, they have proven to be a legit project with the DeepVault feature already up and running, and a lot more of features to be reeased in 2018, DeepSend being the first one of them.

I advise you to research the DeepOnion project for one day and you will be sold. If not, than that is your opinion and I respect that. But do not come here an shout ponzi scheme when you know nothing about the project.
28  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 Key Reasons Why DeepOnion Will Become The Top Anoncoin In 2018 on: December 26, 2017, 10:36:35 AM
Monero is already used on the Tor network and is more anonymous ,so why do you think Deeponion has something unique to offer in the darkweb community? And why do I need to have at least 100 onion coins in my wallet after joining signature campaign in order to claim the airdrop? I think this is clever ponzi scheme.

It is true that other anonymous cryptocurrencies have implemented the Tor network to shield their users IP address. DeepOnion has also implemented the Tor network, and has already released DeepVault.

To explain DeepVault I would like to quote the user mwinter (from the DeepOnion forum), who has summed it up beuatifuly :

"DeepVault enables you to upload a digital fingerprint of a file, in more technical terms such a fingerprint is called a hash value. This fingerprint is stored forever on the blockchain, the decentralized ledger which keeps track of everything that has ever happened on the DeepOnion network. Let's say you want to send a file to someone and this person needs to be absolutely sure the file has not been messed with. In this case you would upload the fingerprint of the document to the blockchain and the other person could then verify that the document is still, without the slightest shadow of a doubt, the original one. And here it comes: You need to pay a certain amount of Onion, the name of the cryptocurrency on the DeepOnion network, if you want to use this service."

Another added feature to DeepOnion will probably be released at the beginning of Q1 2018, and is called DeepSend.

Basically DeepSend allows you to make transactions through the Tor network, which already hides your IP address and your transaction details, and gives you the ability to hide your transaction trace as well. This can be done by paying a fee of 1 Onion, generating another use case for the Onion token.

The reason you need at least 100 Onion coins in your Onion wallet is to fortify the Onion nodes in the Tor network. The more active Onion nodes in the Tor network, the stronger the network becomes. Currently DeepOnion has 882 active DeepOnion Tor nodes.

I hope this answers your questions. If you have any more questions just shoot away. I am glad to help.
29  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 Key Reasons Why DeepOnion Will Become The Top Anoncoin In 2018 on: December 21, 2017, 10:26:15 AM
hello,
I'm looking for the deep onion master/official topic on bitcointalk... sorry search function was not my friend on that one.
can someone please point me in the right direction ?
thanks in advance.
cheers

Sure mate, the official bitcointalk announcement for DeepOnion can be found here : https://bitcointalk.org/index.php?topic=2006010.0
The official site for DeepOnion is : https://deeponion.org/
The link to the DeepOnion forum website is : https://deeponion.org/community/

Hope this helps you out Smiley

(PS: When you can't find something through the search toolbar in bitcointalk, try searching for it in google and add bitcointalk to ir, this always works for me!)
30  Alternate cryptocurrencies / Altcoin Discussion / 4 Key Reasons Why DeepOnion Will Become The Top Anoncoin In 2018 on: December 20, 2017, 05:41:56 PM

4 Key Reasons Why DeepOnion Will Become The Top Anoncoin In 2018

I have been a crypto investor for just over 6 months now. Six months in crypto is a short period, but in these few months I have educated myself and have grown to be a real crypto enthusiast. I always consider myself a ‘hipster’ in the crypto community as I am always searching for that underdog cryptocurrency that can rise to the top.

Many nights I’ve sat in the dark scrolling through coinmarketcap looking at every possible coin there is with a market cap below 20 million USD. Many times have I read the whitepapers of coins from which I thought, these will never make it.

After about one month of scrolling through the coinmarketcap list, I was about to focus my attention on something else, until I found this beauty called DeepOnion. At first the name struck me as quite funny, but after reading their plans for 2018 and looking at the things they have already accomplished, I was sold.

DeepOnion is a diamond in the rough. And here are 4 reasons why:


1. COMMUNICATION

As we all know, a good crypto project not only needs good technology, but also needs an active and growing community. The way DeepOnion (or DO) grows its community is truly genious. See, most crypto coins grow their community by placing an invite link to chat groups like Slack, Telegram, Ryver, Discord, etc. on their website. These chat groups are useful in the beginning, but tend to get messy quick as the number of users increases. It is not often that you have to go through 200 messages in these chat groups of which only 10 messages are of importance to the project.

DeepOnion takes a different approach. Instead of communicating through these chat apps, DO created the DeepOnion forum. This forum lets DO users from all over the world connect with eachother and allow them to share ideas on how to improve DO technology, tackle marketing, post design propositions, and many other topics. The structurized manner in which these forum posts are classified make it an easy forum for both veterans and newcomers to educate themselves on the DeepOnion project.


2. MARKETING

The DeepOnion forum not only serves as a communication tool, but is also apprehended as a marketing tool. The users of DeepOnion forum get DeepPoints for reading, commenting and creating new threads. These DeepPoints are converted to Onion tokens every sunday and are automatically sent to the appropriate Onion wallet addresses.

Thus users of the forum get rewarded for being active, which in turn grows the community, which in turn increases the interest in DeepOnion. It’s a win-win marketing strategy and they know it.

On top of these DeepPoints, DO organizes weekly bounty campaigns for the best article, meme or video. Looking at the current price of DeepOnion standing at $3.00, and looking at the bounty program rewards for the 22nd week (of 40 weeks in total), we see that a decent meme can get you about $150 already. The bounty for the best meme of the week is the lowest reward you can get. Writing a good article can get you around 100 Onions which amounts to $300. Not bad for a day's work right.

But, the best is yet to come. To distribute the Onion tokens the team behind DeepOnion took a different approach. Instead of launching an ICO to distribute Onion tokens amongst the population, DO launches a weekly airdrop.
 
And I must say : the airdrops are F-E-N-O-M-I-N-A-L !!

Currently the airdrops are in the 23rd week of 40 planned weekly airdrops in total. For those of us who fear that all Onion tokens are already distributed I say fear not!

In the first 16 rounds of the airdrops, DeepOnion dropped 3.2 million Onions to the active airdrop users. Calculating this price with the current $3.00 per Onion token this amounts to roughly 9.6 million USD that was distributed amongst the active DeepOnion population.

Better yet, in rounds 16 to 40 of the airdrop, the DeepOnion team will distribute another 6.8 million to the active airdrop members, amounting to another 20.4 million USD that will be airdropped in the following weeks.

Details on how to apply to these airdrops can be found on their website using the following link : https://deeponion.org/airdrop.html

Through these bounty programs, Deeppoints and Airdrops, the DeepOnion community continues to grow everyday. And because of the incentive to be active, the community is amongst the best I have seen in crypto projects. The DeepOnion community is built on a strong base of active users which will prove to be a foundation for the future.


3. FULL ANONIMITY

I have talked a lot about marketing and bounty programs of DeepOnion, these are the start of the adoption process of a cryptocurrency, but of course everybody knows that the real longterm value of a coin is derived from its technology and usability.

DeepOnion tackles a major financial problem found in both blockchain and non-blockchain markets, namely : transactions can be traced and seen by everybody and third parties can track your every spending. You might not be aware of it, but every action you make online is tracked and stored in databases and this information is sold to big corporations, who use it for commercial reasons; governments, who use it for controlling reasons; or even third parties, who use it for other, possibly malicious reasons.  

As large insititutions are trying to regulate the crypto market, and internet neutrality is at the brink of extinction, the need for anonymous transactions becomes ever so important. DeepOnion guarantees this anonymity by fully integrating their transactions through the Tor Network. The Tor network works by encrypting your IP address through several layers of encryption. Making transactions through the Tor network thus not only encrypts the transactions but also shields the senders’ and recipients’ IP addresses from their peers.

Tor network integration is already implemented in the DeepOnion wallet. However, to further increase the anonymity of the transactions and its users, DeepOnion will release an additional feature called DeepSend. Deepsend will allow users to hide the transaction trace by using a multi-signature method.

Thus, by encrypting the user's wallet, transaction information, and transaction traces; DeepOnion creates a true, fully anonymous cryptocurrency into the market.


4. NETWORK SPEED & FEES

As the main usability of Onion tokens will be to perform anonymous transactions, a fast and trustworthy network is necessary to ensure the longterm usability of the Onion token. Bitcoin was originally created to handle global scale transactions, but as the global adoption rose, bitcoins’ network fell behind.

The average block interval of Bitcoin is about 600 seconds. A block holds a block size of 1 MB. An average transaction block is about 500 Bytes. Thus, 1 MB = 1,000,000 Bytes divided by 600 seconds gives us 1,667 Bytes/second. Since each transaction block is about 500 Bytes, Bitcoin is only able to process 3-4 transactions/second.

For BitcoinCash the block size was improved to 8 MB, this increases the transaction speed to about 8 x 3-4 transactions/second  = 24-32 transactions per second. This is already a major improvement as compared to the speed of the Bitcoin blockchain, but DeepOnion offers more.

DeepOnion has an average block interval of 48 seconds. A block holds 1.5 MB of data. Thus, 1.5 MB = 1,500,000 Bytes divided by 48 seconds = 31,250 Bytes per second. Since each transaction block is about 500 Bytes, the amount of transactions the network can handle per second is about 62.5 transactions/second.

Thus, as a comparison, the DeepOnion network will perform 15 to 20 times faster than Bitcoin and about 2 times faster than BitcoinCash. What an improvement!

On top of the faster transaction speed, DeepOnion also tackles the expensive fees that recently struck Bitcoin. Today, Bitcoins’ average fees have surged to $23. This is completely preposterous as the beauty of the blockchain lies within both the speed of the network and the low fees to add the transactions.

When a transaction is added to the DeepOnion network, a mere fee of $0.004 is applied per transaction, making DeepOnion transaction fees over 5,000 times cheaper than those of Bitcoin.

(Numbers used for these calculations can be found on the forum thread https://deeponion.org/community/threads/how-many-transactions-per-second-can-deeponion-handle.12811/)


So what’s on the agenda for DeepOnion in 2018?

The DeepOnion team has set some impressive goals for 2018 which include the release of mobile wallets for Anroid and iOS in Q1 of 2018, and the support of smart contracts in Q2 of 2018. Check out the roadmap below.
 

For the design of the new wallet, the DeepOnion team held a design contest on the DeepOnion forum. The winning design can be seen on the images below and they are simply amazing.



It is this kind of devotion that community members have for the DeepOnion project that will make DeepOnion one of the most promising Anonymous cryptocurrency in 2018!


If you are interested in finding out more about the DeepOnion project you can hit me up on the DeepOnion forum : https://deeponion.org/community/members/cascano.8411/ or on the Bitcointalk forum : https://bitcointalk.org/index.php?action=profile;u=991063

Thank you for reading this and I hope I will talk to you soon on the DeepOnion forum.

All images rights reserved to DeepOnion forum member Impressive.

If you like this article and would like to support me by sending onions you can findmy onion wallet address here : DZZft1hiFnh8AfkrejvtDTSsCvZ5uo2QsQ
31  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 6 Reasons Why Shift Will Become A Top 10 Coin In 2018 on: December 19, 2017, 12:49:40 PM
  • Shift wants to decentralize the internet and they have started their mission by creating a DApp called Phantom and a DApp SDK tool which will both be released this September. The Phantom release has been much anticipated for by the Shift community and represents a milestone in the development and recognition of the coin. It will allow users to store files on the decentralized internet using the IPFS protocol. The Dapp SDK tool will allow developers to build decentralized applications on the shift blockchain, thus drastically increasing the value of the coin.

  • Unlike Ethereum, Shift is written in JavaScript, a language familiar to most web developers, together with an easy to use Graphical User Interface (GUI), Phantom can be easily adopted by the vast majority of web developers.

  • Shift uses a decentralized Proof of Stake system to mine the blocks, for a detailed description on the difference between dPoW and dPoS systems I would advise hitting up Wikipedia or a good explanation on youtube. The most important thing to remember is that dPoS is the better environmental option as it requires less energy for blocks to be forged. As energy will become more expensive in the future, dPoS systems ensure that the Shift code is future proof.

  • Lisk, Shift’s closest resembling competitor, currently stands at a market cap of 681 USD million, whilst Shift stands at market cap of 17 milion USD. That’s a whopping x40 return of investment (ROI) if shift hits that same market cap!

  • On top of the website release in september, Shift will drop their new whitepaper, roadmap, SDK tool and will release Phantom at the end of Q3 and Q4 of 2017. So you could say they got a lot coming for the 4th quarter of 2017!

  • On top of all the updates Shift is releasing, they will also commence with their marketing plan. Now let me remind you that Shift has never performed any marketing prior to the Phantom release yet because they have been working non-stop on the technology. This gives Shift the underdog position, and makes it possible to get a x10, x20, x40 ROI once Shift attracts new possible investors.

As of now, the tech is done, the marketing plan is written, the marketing funds are in and Shift is ready to shoot through the roof! So pile up on that shift now, because once Phantom drops and their marketing gets going, you will never see Shift at $1.50 again!

https://www.shiftnrg.org/about
https://youtube.com/watch?v=agXFIB-0LIo
https://coinmarketcap.com/currencies/shift/

This game is hosted in the SHIFT network with the Phantom dapp (Bitcoin 2048): https://gateway.shiftnrg.org/ipfs/QmRA8iBsHxk6J3aKhmautJvHggVrGbG6Y3turuPUACfpkv/


Read more: https://www.shiftnrg.org/wp-content/uploads/2017/10/Shift%20Upbit%20-%20English%20text.pdf

I like how you just blatantly copy pasted the text from the article which I posted a few months back. It is good to have this thread on bitcointalk as it benefits the shift community as a whole. But in the future, I would like that if you copy past an article of mine into bitcointalk, you would at least credit the author.

This is my creative writing and I would be glad if you did not take credit for it. The authentic article can be found right here https://steemit.com/shift/@louisvgw/6-reasons-why-shift-will-become-a-top-10-coin-in-september
Sorry but I didn't say the article is written by me.

Maybe I was a bit too quick to judge mate. Internet content can get taken from anywhere so I shouldn't have to blame you for copying it. The important thing is that this thread is active and helps Shift to get a little more into the spotlight Smiley

I'm anxious to find out what 2018 will hold for us Shift hodlers. If you've been holding Shift for over 6 months like I have, you've been through the mud too. Shift is, and has always been, one of the most promising crypto projects and with the releases of Phantom, Jenga, the new website, new whitepaper, new roadmap AND marketing video explaining the importance of Shift and the blockchain as a whole I can't imagine it not mooning!

The marketing move to release their new website built on Phantom, their flagship dApp, is a pure stroke of genius. Remember that these developpers have always been drawn to the techy side and have never hyped any new releases. This is the first time a marketing campaign will be held for Shift, and it comes with all these new releases mentionned above. I'm telling you guys. The release of the marketing video will have a tremendous impact on Shift. You might look at the graph now and say : "Oh Shift is rather high right now.. maybe I better wait..", but this might be the worse move you ever make. A project that has been under the radar for so long will finally emerge and take the place that it deserves. A top 10 coin in 2018.

A similar thing happened/is happening to BitBay right now. The project had been undervalued for a long time, but after the proper marketing, BitBay has had a X4 ROI over a few week. The interest is still gaining. I speculate the same thing wil happen to Shift in Q1 of 2018.
32  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 6 Reasons Why Shift Will Become A Top 10 Coin In 2018 on: December 18, 2017, 11:03:23 AM
  • Shift wants to decentralize the internet and they have started their mission by creating a DApp called Phantom and a DApp SDK tool which will both be released this September. The Phantom release has been much anticipated for by the Shift community and represents a milestone in the development and recognition of the coin. It will allow users to store files on the decentralized internet using the IPFS protocol. The Dapp SDK tool will allow developers to build decentralized applications on the shift blockchain, thus drastically increasing the value of the coin.

  • Unlike Ethereum, Shift is written in JavaScript, a language familiar to most web developers, together with an easy to use Graphical User Interface (GUI), Phantom can be easily adopted by the vast majority of web developers.

  • Shift uses a decentralized Proof of Stake system to mine the blocks, for a detailed description on the difference between dPoW and dPoS systems I would advise hitting up Wikipedia or a good explanation on youtube. The most important thing to remember is that dPoS is the better environmental option as it requires less energy for blocks to be forged. As energy will become more expensive in the future, dPoS systems ensure that the Shift code is future proof.

  • Lisk, Shift’s closest resembling competitor, currently stands at a market cap of 681 USD million, whilst Shift stands at market cap of 17 milion USD. That’s a whopping x40 return of investment (ROI) if shift hits that same market cap!

  • On top of the website release in september, Shift will drop their new whitepaper, roadmap, SDK tool and will release Phantom at the end of Q3 and Q4 of 2017. So you could say they got a lot coming for the 4th quarter of 2017!

  • On top of all the updates Shift is releasing, they will also commence with their marketing plan. Now let me remind you that Shift has never performed any marketing prior to the Phantom release yet because they have been working non-stop on the technology. This gives Shift the underdog position, and makes it possible to get a x10, x20, x40 ROI once Shift attracts new possible investors.

As of now, the tech is done, the marketing plan is written, the marketing funds are in and Shift is ready to shoot through the roof! So pile up on that shift now, because once Phantom drops and their marketing gets going, you will never see Shift at $1.50 again!

https://www.shiftnrg.org/about
https://youtube.com/watch?v=agXFIB-0LIo
https://coinmarketcap.com/currencies/shift/

This game is hosted in the SHIFT network with the Phantom dapp (Bitcoin 2048): https://gateway.shiftnrg.org/ipfs/QmRA8iBsHxk6J3aKhmautJvHggVrGbG6Y3turuPUACfpkv/


Read more: https://www.shiftnrg.org/wp-content/uploads/2017/10/Shift%20Upbit%20-%20English%20text.pdf

I like how you just blatantly copy pasted the text from the article which I posted a few months back. It is good to have this thread on bitcointalk as it benefits the shift community as a whole. But in the future, I would like that if you copy past an article of mine into bitcointalk, you would at least credit the author.

This is my creative writing and I would be glad if you did not take credit for it. The authentic article can be found right here https://steemit.com/shift/@louisvgw/6-reasons-why-shift-will-become-a-top-10-coin-in-september
33  Economy / Speculation / Re: Bitcoin Futures - December 10. Will it Rise or Fall? on: December 18, 2017, 10:54:05 AM
Once the financial companies get involved in bitcoin they will control the price as they do with shares,gold and fiat.
They are not going to be able to control bitcoin that easily, the tricks they use to control shares and fiat are not going to work and while they may try to create paper bitcoin in the same way they create paper gold to suppress the price of bitcoin I do not think that is going to work.

if the financial companies want to control the price, they must prepare big money to buy bitcoin but the truth, they cannot control it. we know that bitcoin cannot control by anyone and the price will follow with supply and demand in the market. and now, we see the price is going from yesterday and we have a few days more to see the price is rise again or fall deeper.

Bitcoin can not be controlled that is true, but other ways of manipulation exist such as a 51% attack. This threat is very real. Once an organization, or a couple of organizations join together and control 51% of the network, they are able to determine where the mining rewards go to.

This can be detrimental to the system as a lot of people have invested money in building mining rigs to mine btc, and such a 51% attack would mean that they lose their investment. Of course people can switch to mining other crypto coins so all is not lost. But for the btc system as a whole, the value would substantially decrease if a 51% attack happens.

Luckily some second-gen crypto coins are working on this 51% attack problematic.

Other ways big corporations can control the market is by releasing fake news to hype or drop the price. It is thought that the banks in China have done this , by releasing "btc banned in china" articles, they saw that this manipulated the price. Every time such an article would surface, the price would drop and they buy more btc.

The same happened with the CEO of JP Morgan. One day he says that btc is a fraud and he advises investing against it. As a reaction the price of btc drops significantly. You can guess three times who bought the most btc that day. If tyour guess was : JP Morgan, JP Morgan and JP Morgan, your guess was right!

The blockchain technology is here to stay and big institutions fear it. That's why they will do anything to control this section of the financial market, of which they have absolutely no control (ironical isn't it). We will see a lot more fake news articles and crypto bans in the following months.

Just stay vigilant on the information that's being spread and do your own proper research. That way you can ride on the manipulations the big corporations create for you rather than being the one who is on the losing end of these market manipulations.
34  Bitcoin / Project Development / Re: Decentralized Youtube on: December 18, 2017, 10:25:01 AM
FlorinCoin has released a website called Alexandria.io that is attacking sites like youtube, spotify, vimeo, itunes, etc.. Their idea is that you buy florincoins and pay the creator a number of florincoins when you want to view, buy or download the desired content.

This way the creator gets paid directly rather than receiving 0.0001% of the google ads revenue.  for this to work a mass adoption is necessary. Right now they are quite unheard of. After Florincoin releases their new website in a couple of days, it will gain more media attention I think.

Once a big artist joins the site, I think the adoption will increase exponentially. Right now the challenge is mainly to get it out to the public.
35  Bitcoin / Bitcoin Discussion / Re: Securing your Cryptos on: December 18, 2017, 07:53:46 AM
I believe paper wallet and cold storage are the best options to guarantee the safety of your crypto coins. I'd get an old pc which I would reboot to factory settings and store most of my cryptos there. Write the pass phrases in two or three books of which you and your spouse know the places. Backup your wallet files and secure it in a safe vault. Of course if somebdoy put a gun to your head all these cold storage wallets could be compromised. I, guess the only real safety is by stroing your backups on physically different places and remembering the passphrases by heart.
36  Bitcoin / Bitcoin Discussion / Re: What if a person died with BTC!! on: December 18, 2017, 07:45:01 AM
I would recommend writing your passwords in a secret book and storing this book in a vault at home or at the bank (I know.. the bank, ironic right) together with a USB disk containing the backups or your wallets. Explain everyting to your spouse, make like a short illustrated tutorial on how they can acces everything and sell everything. This way you have created a will for them without the need of a notary. Keep your cryptos safe guys!
37  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: DEEPONION airdrop, how do i get it? on: December 17, 2017, 06:22:03 PM
Don't want to revive a dead thread, but I've kind of been trying to figure out the same thing. I went through the process, put my bitcointalk ID into the site, put the signature and everything of course.

I did receive a very small amount of DeepOnion (like .01) after I signed up and everything, but nothing since it would seem. As I also understand, you need to be active on BitcoinTalk, but I am, and that's all I've seen so far.

I'm going to just head over to their forum and see what I'm missing. Tongue

I'm currently considering whether or not this is worth going for. I know I'm a newbie, but I'm working on being more active with my account.

The thing that gives me pause is that this deeponion "airdrop" was like the first reason I was ever directed to bitcointalk and I saw a lot of people saying it was a scam or virus farm or whatever. I assume with all the press it gets around here that the client isn't infected or anything, but I just wonder what people's thoughts are about the safety of trying to participate in this campaign.

Edit: Also, I just saw that the deepoinion account has a -16 trust on here... Any insights into that? haha

The DeepOnion account has had a lot of negative remarks because people thought the airdrop was a scam. Basically they thought that the developper was one guy who was using the airdrop to get a larger marketcap and as soon as it reaches a decent price they thought the dev would dump all of his premine. However, this did not happen.

After a couple of months the DeepOnion coin has proven to be a flourishing project as the development is very active. They have already released the DeepVault feature and are now working on implementing smart contracts, DeepSend and developping a mobile wallet for android and ios.

To remind you this coin was only launched in july 2017 and is thus fairly new. Nevertheless the developper team has proven to deliver quality work.

DeepOnion has had a rough start plowing to all the criticism, but like the phoenix arises from the ashes, DO arises from the fud and will rise to be a top coin in 2018.

Definitely worth particpating in the Airdrop!
38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CrowdSale Ended]🌟🌟🌟🌟 NVO Decentralized Exchange | MultiWallet 🌟🌟🌟🌟 on: December 17, 2017, 09:00:30 AM
Where can you buy NVST coins?
How is this coin at only 15 M mc? It has the website design and advancements of a 200M mc coin. Great that I hear about it now when they are so undervalued Cheesy
because it is only exchangeable on counterparty dex, so that really hurts the volume being traded. 

Where can I buy these NVST coins? I like these underdogs and I want to add them to my portfolio Cheesy
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CrowdSale Ended]🌟🌟🌟🌟 NVO Decentralized Exchange | MultiWallet 🌟🌟🌟🌟 on: December 17, 2017, 08:30:38 AM
I like how NVST is so underrated right now. With the wallet design and website design these guys are sure to attract a lot of attention. I think they coud reach the mc of BLOCK aswell. Keep up the great work guys!
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][KURT] KURRENT - First Zerocoin that uses X11 algorithm - MANDATORY UPGRADE on: December 16, 2017, 03:40:30 PM
Is anyone still developing this coin? Seems like it's been completely abandoned.
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