NEM is much more scalable than ETH, maybe it will finally come out to shine, though Ardor is the chief competition for ETH being that people are already issuing tokens on that platform.  All the NXT based solutions seem to be fairly robust, like NEM. Then there's the blockchain trimming technology in Pascal which seems to be getting little attention.

Blockchain trimming (Pascal Coin) and child chains (Ardor) seem to be the main competition when it comes to scalability, and NEM with Mijin whenever that gets rolling.   Ardor, NEM, and Pascal were all written from scratch.

Having ETH pop presents it's own problems though from a technical standpoint. Hopefully the market can work through them as it's in all our best interests to not have the.. cough.. bubble pop here.. cough.

Disclosure: Long all 3 of these.   Also Ark who the poster below me seems to own.

Guess it's good I went into Ardor... it's the more scalable ETH competition. Just hope this blip on ETH doesn't cause the bubble to pop.. we need the total market cap to break out to avoid complications with technical analysis.

Nice development by the miners. Glad to see it. Especially at this critical point where the total market cap of all coins is straddling the all time high. From a technical standpoint we need to break above that.. hit a good 120 billion.. it's in all our best interests.  Knowing that bitcoin will become more scalable with lower fees helps us all. It's trading short term gain for long term prosperity. It's the smart move.

Indeed... I wish in the US there was one tax rate for capital gains, and rather than having to mess around with each transaction, you could merely take all the gains and losses from the entire year and just do a single entry. Tax time is going to be a pain in the ass. I'll worry about it at that time. :\  

VIA has caught up to my other 2 holdings that are nearby in marketcap, bitbay and blackcoin, making it my largest dollar value holding on poloniex.   There's still some big whales interested in this one.  

LTC deserves respect and the ones who says it's a pump and dump are full of shit, just like they were when they made the same statement at 30 bucks. If you want to buy a cheaper, better version of LTC though, there's VIA which trades on poloniex and has some rather sizable whales holding it and for good reason....

Let's be real here though.. both LTC and BTC are obsolete by modern blockchain standards.. but that really doesn't matter... so are gold and silver by modern economic standards.

Probably just early adopters taking profits... they got in for virtually nothing.. it will take time to loosen out those hands. The dump in and of itself is no reason to suspect anything.  I'll continue holding and wait to see what they bring to the table since I'm in pretty low and am pretty diversified anyways.

I don't like their recent developments is trying to sell the static nodes... I'm not paying.. let's not get greedy here.. if they want everything to be on the up and up, they'll open up static node registration at no cost.

In any case, I await the static chain and the retirement of the current chain. If they don't do that within a month, I'll dump what I have.  It's what they promised after all.

In the meantime.. I just rotated some coin out of NEM and into Ardor to further diversify my holdings. I believe Ardor with the child chains could compete with ETH down the road.  It's ETH but more scalable.

This is seriously one of the most promising coins if any of the ones I own.. it's no scam, it just could stand to drop the "coin" from it's name and relaunch with the name "Pascal" at the same time it launches version 2.0.. I'd be willing to put this thing in my sig and get rid of this worthless picoin to help promote this coin.. the account numbers and ability to trim the blockchain is very promising technology.

Of all the coins I own this one has the most promise, and yet it's the cheapest coin I own, with Viacoin, Bitbay, and Blackcoin all outperforming it.  I'm surprised the way it's lagging on poloniex, even with the blah name.

I have some of this. Going to do well.

I like the following... (I own)

Ardor
Xtrabytes
Black coin
Pascal coin
VIAcoin
Nem
Ark
Bitbay
Shift

Off all these pascal has some of the most interesting tech... Block chain trim made possible partly by using account numbers.  Being able to keep the max block chain size around 6GB is quite appealing.

NEM right now once the work on mijin progresses. Otherwise I'm not entirely sure... Ardor might be pretty fast with the child chains and pascal has the blockchain trimming technology which is very promising with account numbers.

Might as well promote VIAcoin and black coin while I'm at it.

Ardor, Xtrabytes, pascalcoin, VIAcoin, Bitbay, Ark, Black coin, NEM

total market cap is starting to roll over without surpassing the previous high.. lower highs is not good.. the bubble could burst in the next 7 days if we don't surpass the previous all time high.


My beef with the tax code in the US is how complex it is. You shouldn't have to track every single bleeping trade and log it, there should be one flat capital gains tax rate, and the brokerage you use should be able to track all trades all year long and all the gains and losses and come up with a single number for you to use to report to uncle sam, your net gain/loss. This single number can be used to calculate your taxes, instead of having to log dozens of trades and whether they were short or long term capital gains. It's needlessly complex.  If they want to charge day traders more, they should just institute a per trade tax that goes right to uncle sam that's a flat fee the brokerage collects. In any case, they won't change the tax code and I'm still not sure how I'm going to handle the tax mess. I'll worry about it later.

Question for the developer or anyone else.. what do the last 2 digits in an account number signify? Can you have accounts where the first digits are the same but only the last ones are different? Example...

291366-37
291366-38

If not, what purpose do those last 2 numbers serve?

I stumbled upon an account where the first digits are my zip code which was pretty sweet and I got it cheap.. I have no desire at this point for any other account numbers... though I don't off hand remember what the last 2 numbers of the account are.

So what's this coin doing that Pascal coin isn't?  I actually like the name Pascal Lite so I won't suggest a name change at this time... I want the Pascal Coin guys to rename their coin and remarket it but they don't seem to want to, which is why I'm here investigating Pascal Lite.

Anyways back to my original question... do you have account numbers, blockchain trim, are you working on developing this tech with the same skill as the developer of Pascal Coin does?  One exchange, low market cap?  What are the future plans? Sorry I suppose I should read the whitepaper myself before asking questions.

have to get the static chain running and get it listed on a respectable exchange before a big price explosion will happen. (Bittrex, Poloniex)

 On the other hand, my other favorite coin, Pascalcoin, simply needs a rebranding and they won't do it. Sigh. I want them to rename it to "pask" .. since it's already got poloniex and active development with a mediocre name, lol.  If you haven't looked at that coin, it has blockchain trimming tech and is also quite promising, and has a whitepaper written by someone who knows what they're doing. Blockchain trimming is superior to the child chain tech NXT/Ardor are promoting.

Right now the exchanges are so busy from the current bubble that they haven't been adding anything new, just coasting along on what they've got.  These two coins are the most promising low market cap coins with great tech, and frankly the tech is superior to many of the coins that trade far higher in market cap, which are nothing more than generic services coins that promise "smart contracts" and all the same crap every coin promises, or they're just plain crap ... or dogeshit, as I like to call it.

Explain how xtrabytes is infinitely scalable. I'm interested. Pascalcoin is the one with the blockchain pruning tech.   I have both of these. Xtrabytes is a great name.


 PascalCoin V2 will be released next week along with a revised white-paper. The absolute latest release time will be Jun 23 Friday, but could be anytime from Tuesday the 20th. Features now include:
- In-protocol account exchange: allows users to buy/sell accounts directly from the wallet
- Account Names & Types: accounts can now register unique names much like domain-name system
- Infinite-scaling upgrade: allows true deletable blockchain without impacting new nodes
- Checkpointing: nodes only need to keep 100 latest blocks
- Improved difficulty adjustment algorithm: provides more stable block times
- Many bug-fixes and enhancements: Linux memory-leak, orphaned transaction fix, and much more.

Hard-Fork activation block number will be announced on release, and be around 14 days to allow infrastructure providers time to upgrade.

White paper:  https://github.com/PascalCoin/PascalCoin/blob/master/PascalCoinWhitePaperV2.pdf

These two coins have the best two tech of any of the low market cap coins I own.

Anyone who ignores alts as inferior is very shortsighted, and has missed a ton of profits. Likewise it would be silly to ignore bitcoin, though the faster they make changes to decrease fees and make it more scalable the better. None of these are good as currencies, except tether, because they are too volatile. I see them more as small cap stocks or commodities.. fixed supply with varying demand.   

Up nearly $200 from that right shoulder... nice swing trade. Just made 2 weeks pay overnight, should have been a lot more though as I chickened out and only invested about $12K. With that said a reverse head shoulders is a reversal pattern.. there's no reason it can't rebound back up above $2700 here. Beautiful looking reverse head shoulders pattern here. Of course it will only keep going up until it doesn't. Chart reading is far from an exact science. Looking forward to more swing trades in the future.

The reason the price goes down is normal market correction.. the liquidity provided by those bots which are programmed with a degree of technical analysis in mind was apparent as I was sitting watching them last night.  It's almost like a law of nature that nothing goes straight up, and everything goes in cycles, and everything ultimately corrects at some point.

Possible right shoulder of a reverse head shoulders pattern here. I picked some up on GDAX. Bubble has not burst yet. We shall see if we rebound.. if the right shoulder completes and we move up, it should be a nice swing trade and more, since the bubble has not burst yet, it could move significantly higher if we complete the chart formation.

Looking good so far.. up $30.  If we break above approx $2415 on GDAX, the sky is potentially the limit, and the current downturn may be over.  If not, I lost a bit of money but gained more experience in swing trading and reading charts. :p

Of course there's a bubble.  I've analyzed and reanalyzed the charts of bitcoin and the total market cap and have come to the conclusion that the bubble has not burst yet... we have higher highs and higher lows... now that's not to say the bubble couldn't burst in the next few days, but it hasn't burst "yet" ..  during the 2013 bubble the exact day the bubble burst was December 5th, when bitcoin failed to break the previous high to maintain the uptrend and instead broke the long term trendline. You had a couple of precious days there to dump at a decent price.  Right now we haven't done that yet.. the longer term trendline remains in place.

Until then, I'm taking no action, since I was at work today and missed the opportunity to snipe some cheaper coin around $2200. I'll hold the alts I have while maintaining a cash position on GDAX and wait and see. Since I have off all weekend, I might dump $50K into bitcoin and see if I can ride it up, depending on the short term technicals.  I'd imagine cryptos are a day trader's wet dream. Nowhere in the stock market do you see these kind of percentage swings.   I never had enough money to bother swing trading until now. Might as well gain some experience.