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It will be under 1 BTC per ZEC within days.
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ZEC? If that is Zcash i totally ignore this question. A hyped up coin which will be mined by GPU for private investors and all others can mine it with CPU. It will get dumped right away with the speculated price it has now. I would say: DO NOT touch it the first 2 months.
This is probably good advice. It is easy enough to pump the futures market and probably to maintain the pump when there is the slow mining start. When proper supply kicks in, it will be another matter. |
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Mempool is empty, thank for your time.
That is good news. |
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Explain, given how it satisfies all your stated expectations, why Segwit shouldn't get adopted. You're sounding a little negative, Scott.
Have another read, where did I say it shouldn't be adopted? |
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damn kraken added zcash
This was surely expected. |
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Well, 2MB or 4MB is exactly what the new soft fork in 13.1 is delivering. It's got more support than any of the other forks that weren't adopted, and makes Lightning possible. Without getting rid of sig malforming, Lightning doesn't work.
Only for transaction that meet the SegWit format - we will see how much of a saving it really is if it gets adopted. |
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Admiral bit once posted in the german iota subforum that he is fudding the coin without any behind the scenes knowledge whatsoever to buy cheaper , I am not assuming anything here he literally said that.
I should have made a screenshot but didnt , I will try to find the link in his posting history , there should also be some other people who have read that.
Edit: Here is the post everybody better make a screenshot so there is proof of this in case he deletes it !
Don't worry about it, Admiral Bit is a failure in life, not a single person takes him seriously. He got less credence than Hillary Clinton and Donald Trump combined. I'm going to have to disagree with you on this one  |
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Either way, it seems to me that it is currently too easy for the network to get overwhelmed. We need a quicker solution than SegWit.
What's your proposal? In the short-term, a modest increase in the block size. Then we can see if SegWit/Lightning can be deployed soon enough for adoption not to be hurt due to lack of scalability. Edit: Just for clarity, I'll add that I don't believe SegWit alone to be enough. Unfortunately, your beliefs do not correspond to reality. Segwit puts a stop to 3rd parties malforming transactions. That means that 2nd layer solutions become possible, where now, they're not. Scaling on the first layer is not going to happen, it simply isn't possible. The way to handle the 1st layer is to choose a blocksize that represents a compromise between number of network nodes and transaction rate. We're there, right now. Nodes are at a local low point. Transactions are at an all time high point. That means 1st layer is exhausted, and that any attempts to use the 1st layer to increase the transaction rate can only end in the number of Bitcoin nodes decreasing. Have you not researched any of this stuff? Thanks for your condescending tone! I believe the risk of not increasing the blocksize modestly (congestion) is greater than the risk of node count lowering (centralisation). Do you believe 1MB is exactly right? If layer one is really that exhausted then surely we should lower it? I find it funny how so many people say we should not increase, but so few say we should decrease. 1MB was arbitrarily chosen after all. Right now I see full blocks as a bigger problem than the number of nodes. 2MB or even 4MB gives us enough time for Lightning to be ready. |
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Is there a problem currently with the way accounts are sold?
I assume trusted escrows are used - your solution would move the trust to the website, centralising the risk.
A site that offers bids/asks, but doesn't provide escrow itself might be a better idea.
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Either way, it seems to me that it is currently too easy for the network to get overwhelmed. We need a quicker solution than SegWit.
What's your proposal? In the short-term, a modest increase in the block size. Then we can see if SegWit/Lightning can be deployed soon enough for adoption not to be hurt due to lack of scalability. Edit: Just for clarity, I'll add that I don't believe SegWit alone to be enough. |
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snip
While the current price on BitMex is exceptionally high, it is probabky due to the lack of people willing to short on there and the expectation of limited supply due to the slow start. Once the inflation kicks in, we will see the price drop. |
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I could be wrong but I don't think it would be profitable enough and too time consuming for the miners to spam the network just to receive a few higher fees.
I agree to that. It's not the miners. But I've already seen posts about double spends, for example. Some do profit from this situation and I feel like they're more than usual. I would still like to hear a better theory for this than the possible spam attack. It could easily be "opportunistic piggy-backing", i.e. there is a real surge in transactions taking place due to the buoyancy in the exchange rate we have right now, and a spam artist decided to use the opportunity to increase the pressure on the mempool. Either way, it seems to me that it is currently too easy for the network to get overwhelmed. We need a quicker solution than SegWit. |
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Not a single ICO has fared well recently.
WRONG! STRAT has been already 6x ICO and still growing. So your opinion doesn't make any sense. Not forget IOTA!!  IOTA was a manipulated scam coin that is not even available on exchanges. I wouldn't draw that comparison into well advertised ICO's like this. Quite a claim - how was it manipulated? |
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A quick to read description of what exactly your site does might help new visitors.
Otherwise, it is a clean design and serves its purpose.
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WASSUP?
still scamming sheep investors from spiderhole countries?
Well since IOTA has officially failed, you can all suck it....
Still buying?  This is the only explanation for him carrying on this '"vendetta"; he must want to buy cheap. |
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Hi all ! Where can I find prices on the IOTA, for future planned purchases? How is the process of buying IOTA? I'm potentially interested in buying 500-750 Gi
Currently trades are done OTC in the IOTA slack channel. Soon you will be able to buy on exchanges. |
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