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201  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO is the best way to invest? on: September 12, 2017, 01:40:48 PM
Definitely lots of miss, but it's also now or never. I diversify by investing in different ICOs, currently I am waiting for Cindicator and SLVR to start.
202  Alternate cryptocurrencies / Altcoin Discussion / Re: Help in INVEST on: September 12, 2017, 01:35:08 PM
Maybe is a good idea to consider all the bitcoin ecosystem for investing. Bitcoin technology is being applied by other coins.

"This happened recently, when Litecoin adopted Segregated Witness. The technology was designed for Bitcoin by Bitcoin developers, but was actually deployed on Litecoin’s network before Bitcoin adopted it. Even though Bitcoiners did all the work, Litecoin benefited before Bitcoin did.

In the meantime, innovative altcoins continue to develop new features that Bitcoin can’t - or won’t - adopt for its own. Bitcoin is too big to take the risks that many altcoins can take. After all, it’s much easier to risk breaking a $100 million network than a $70 billion one."

More: https://cointelegraph.com/news/altcoins-use-bitcoin-ecosystem-to-leapfrog-forward-grow-faster


That's true, we should aim for bitcoin to be stable and growing slowly. If we want volatility and breaking stuff, we should go for alt coins. And again, I recommend SLVR for new altcoins.
203  Economy / Trading Discussion / Re: ARBITRAGE WITH CHINA EXCHANGES on: September 12, 2017, 06:31:09 AM
People in China knows there's an arbitrage and still willingly uses it because the arbitrage is still the easiest way to move money out.

If you do the deal, how are you gonna move your money out from China? If it's 1000-2000 a day it might work, but large volume wise it's not practical, that is why people are actually more willing to spend on arbitrage.
204  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on SLVR ICO on: September 12, 2017, 05:06:02 AM
I also read that they will not issue more tokens for 5 years, is this normal? The idea is that they will only issue more tokens if the value of silver they mined already surpasses the value of existing tokens.

Is my understanding correct? Thanks!
205  Bitcoin / Bitcoin Discussion / Re: I am an Chinese, and I know what happened, and I will buy more crypto assets. on: September 12, 2017, 05:03:25 AM
Try going for SLVR ICOs, I know Chinese are also big on previous metal - Gold and Silver. This campaign pledges to use the funds to mine more silver, and peg it with the token we have.
206  Alternate cryptocurrencies / Altcoin Discussion / Re: Top Bought Alt Coins on: September 12, 2017, 05:01:07 AM
Can the TS kindly list SLVR too, they give real world implementation a chance to work, not just everything for the interweb.
207  Alternate cryptocurrencies / Altcoin Discussion / Thoughts on SLVR ICO on: September 11, 2017, 07:00:28 AM
Hi,

What do you guys think about SLVR, I am going to write down the merits:

- bonus to the 50 largest token holders for a paid trip to Mexico. Hmm, I wonder if if this goes to from anywhere in the world.
- The daily production is 600 - 1000 tons per day
- The Belem Mine has 12,000,000 ounces in proven certified reserves

And from their WP, the verbatim language:

- "supply of SLVR is initially limited to 7 million tokens for 5 years, after which point and when the reserves are in excess of 100%, new SLVR can be minted by the team according to the amount of excess silver in reserve. The maximum supply of SLVR after 5 years will be 14 million, after 10 years the maximum supply will be 19 million. Finally, after 15 years the SLVR team will be able to mint and sell the remaining supply of SLVR up to 23 million."

I am super excited about this project, if any I am just worried about timeline and if someone who has knowledge about the management of this team, that will be super helpful.
208  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: September 11, 2017, 06:42:35 AM
Looking at SLVR, I am betting on price increase after ICO, and also when they start mining. With so much uncertainty in the world, many are moving to digital currencies and precious metals, I see SLVR as a combination of both.
209  Alternate cryptocurrencies / Altcoin Discussion / Re: best altcoins to invest in that still below 1 cent on: September 11, 2017, 05:05:50 AM
what are the best or most promising altcoin to invest in that are still below a cent fro ur point of view

1c threshold doesn't make any economical sense.
It's like trying to find good currency below 1c. Sure you can find some (like yen), but the limitation was arbitrary.
Look at the 4th column here: https://coinmarketcap.com/currencies/
See the problem?

Only XRP and NEM that has a billion supply  was included in the top 10 in coinmarketcap. Coins with low price and with billion supplies is hard to appreciate in my opinion. Though it may pump but probably its artificial or manipulated.

IIRC Neo also has 1 billion, with 500 million in circulation now and another 500 million later.
210  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any token that address offline payment needs? on: September 10, 2017, 03:09:02 PM
What about tokens that address real life usage? It could be a preclude to payment needs.

Take for example SLVR wants to make token usable for mining activities, and silver mined from the mine will be pegged to the tokens itself. So when you pay using the tokens you are paying silver. The miners can get paid and buy groceries using the tokens too.
211  Economy / Economics / Re: Bitcoin or gold? on: September 10, 2017, 03:03:42 PM
I like gold but I will choose bitcoin than gold, I can buy bitcoin and hold more than 10 years maybe then I will see my money increase so many from beginning.

But we don't sure if bitcoin will last for ten years or more. No one can tell. If you are practical you will choose gold  because gold for sure will never lose its value. Yes it can lower or higher the value but surely it will exist more than our lives. Gold already exist more than a decades. If I were  you I will choose the one that is tried and tested. It's hard to risk and regret someday.

Why don't choose tokens that are pegged to gold or other precious commodities? Digital assets backed by physical metal or exchange-traded funds. I can think of for goldmint.io and silver for SLVR.
212  Alternate cryptocurrencies / Altcoin Discussion / Re: best altcoins to invest in that still below 1 cent on: September 10, 2017, 02:53:23 PM
SLVR is recommended by me, not because it is cheap but because it has real market value pegged to silver.
213  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: September 10, 2017, 02:52:13 PM
It's always very challenging to move from a traded token to a token for payment, unless the token itself has internal value much like gold, or the recognition of a central authority. I know the central authority part sounds very anti-crypto but it has been like this since ages, maybe it will change in the future who knows with bitcoin being the real daily currency.

Also, we should support tokens that have real life usage, that way the token can be used to buy, or at least, trade for something. SLVR is one that is actually peg to real silver, another one is USDT but I am not sure how it can continue maintaining 1:1 with USD.
214  Alternate cryptocurrencies / Altcoin Discussion / Kin ICO from Kik on: September 10, 2017, 11:19:01 AM
Hi guys,

I've applied for the token sales and got into the white list. Does anyone have anything to say about this ICO?

Kik is one of the very few with proper products, you know their Kik chat app.

But I want to know about other downsides about this ICO, one I heard was that they were gonna distribute only 10% of tokens to the public. Is that true?

What other deal breakers.

215  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: September 10, 2017, 11:11:18 AM
Hey guys, did I get my math right?

You get
- 0.00625 GB for each BTC you link, that's 1.7USD for 4000USD.

And extras if you already have bytes you get 10% more (out of your existing bytes), and another 20% of blackbytes.
- For the bytes you hold on September 6 you receive 0.1 new byte for each 1 byte of your balance
- You also receive 0.21111 blackbytes for each 1 byte

So the ROI is maybe 0.05% per month (0.0425 if you don't count the extras) these days.

The ROI earlier this year was 10x more as you could get 0.5% per month, 0.0625GB per BTC. [1]

[1] if you assume the USD price for byteball and bitcoins were the same as today, at least the difference were the same between the two coins
216  Alternate cryptocurrencies / Altcoin Discussion / Re: List of "Airdrop Coins" based on BTC balance per specific date on: September 10, 2017, 11:01:43 AM
Byteball will make snapshot at November 4. You have to install their wallet, then prove ownership of bitcoin wallet by message or by sending a small transaction. You can find full rules here: https://byteroll.com/airdrop

Hello , I want to know how do they calculate Bitcoin to Byteball ?
For Example : i have 0.3 Bitcoin in my Wallet then How many ByteBall i will get ??

Thanks



You get
- 0.00625 GB for each BTC you link, that's 1.7USD for 4000USD.

And extras if you already have bytes you get 10% more (out of your existing bytes), and another 20% of blackbytes.
- For the bytes you hold on September 6 you receive 0.1 new byte for each 1 byte of your balance
- You also receive 0.21111 blackbytes for each 1 byte

So the ROI is maybe 0.05% per month (0.0425 if you don't count the extras) these days. The ROI earlier this year was 10x more as you could get 0.5% per month, giving you 0.5% per month (if you assume the USD price for byteball and bitcoins were the same as today, at least the difference were the same between the two coins)
217  Alternate cryptocurrencies / Altcoin Discussion / Re: List of "Airdrop Coins" based on BTC balance per specific date on: September 10, 2017, 10:23:13 AM
Stellar Lumens is also another airdrop. They already made two big distributions, one just recently. I'm not sure when the next one will be, but they will usually announce it on the website with instructions. Here is a post with more info on the last one: https://bitcointalk.org/index.php?topic=1982657.0

BitCore is strange, never heard til now. Don't think I had anything outside of exchanges in April.

Stellar lumens distribution is strange and unfair. For lumens that are not claimed by bitcoin users at large the foundation gets to keep it, and they expect every bitcoin holder in the world to claim it to not have any left for the foundation in each airdrop.

Their snapshot is also recorded too early each time and requires Facebook authentication.

PS: I hold stellar lumens and they really need to get hold of themselves in the face of so many new blockchain competitors. These guys were really the early starters in this race and had a noble idea of connecting the needy and unbanked. So please please get back into the race.
218  Alternate cryptocurrencies / Altcoin Discussion / Re: At what point do you dump all you have of a coin? IOTA example. on: September 10, 2017, 10:14:20 AM
What happened to the IOTA dump fuss? Smear campaign or legit problem? I wanted to invest in IOTA months ago before changing my mind and putting the bets on Byteball.
219  Alternate cryptocurrencies / Altcoin Discussion / Re: Neo wallet on: September 10, 2017, 10:06:10 AM
I've downloaded the Lite Client NEO wallet from https://github.com/CityOfZion/neon-wallet/releases

Does anyone know if I can send GAS that I purchased on an exchange to the Lite Client wallet? Thx

Yes, you can send GAS and also collect GAS produced from NEO if you store your NEO there too. So you can store GAS and NEO both.

Beware they only accept non decimal for NEO so if you send 7.5 your 0.5 might be lost if your exchange doesn't have a detection before it's sent out to Neon. For GAS they accept decimal.
220  Alternate cryptocurrencies / Altcoin Discussion / Re: Waves Vs. Ethereum on: September 10, 2017, 09:55:53 AM
There are almost 5.3 million cryptocurrency wallets that hold ether, according to Etherscan.
Wallets are the equivalent of accounts for ethereum and individuals can have more than one.
The number of wallets with ether in has dramatically increased in recent months, up from 1.6 million in May

That's alot and almost half of bitcoin wallet, wow!
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