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china news = boring news
sorry but china looks to be out
but then if you can get mainstream even if regulated in
US,EU,UK,JAP,CAN,AU,
i think bitcoin will be just fine without them and probably better due to stability. You don't want strange moves every 5 mins.
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best projects
bitbay
blocknet
komdo
byteball
xrb
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best projects
bitbay
blocknet
komdo
byteball
xrb
eth
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I've just done the tedious task of adding up all the CBX in the top 500 addresses that haven't been active for over 1000 days.
193193.15 CBX
I would presume most of these lost of forgotten. The actual amount of lost CBX could be at least 250K or more.
That's quite interesting. So we could only be talking about 750k coins? whilst we are conducting these changes.... this is just an idea.. Is it maybe worth while to x100 the minting obviously everyones balance goes x100 75million seems a more useable kind of number. Also it seems a strange thing to say but a huge proportion of noobs here do not comprehend that the projects assumed value is the market cap. They think the cheap the single unit or token the cheaper the deal they are getting. This has actually caused a huge rise in % on low sat value coins. Now you may believe that only someone crazy would actually invest on a per token value basis, but Byteballs entire community has been pressuring tonych to change from gigabyte to megabyte for ages now due to the constant and apparent (when reading multitudes of threads) stating by noobs that iota is better value because it is cheaper. They obviously are only taking into account the unit value. When confronting them on this and telling them to look at market cap not unit price they still seem unable to accept this. Most will say it is easier for something to go from 1c to 2c than from 1000 to 2000 bucks. Also if we are talking really about 750k useable coins if you were to get any kind of uptake at all then every transaction would be 0.000? However since CBX is going for a storage of wealth like bullion status then this may not be a good idea and we could leave it as is. Just an idea of course and possibly not a great one depending on how you look at it. |
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4. Will queued BPN'S earn regular POSP interest?
Cool, thanks. I think for the queueing system to work, investors should not be penalised, and forfeit their interest by doing so. A workaround should be found where locked away queued BPN's will still earn as normal. Regarding the marketing, every community member and investor reading this, should start to prepare and help spread the word about CBX. Once the new vault is released, we ' all' need to do something to get the word around that CBX is back in business. Tweeting, retweeting, Facebook posts, liking, sharing, posting in other threads, other forums, telegram channels, slack channels, etc, etc. It is up to the community to make the most of this rebrand if we want the attraction we all know CBX deserves. If people hear and read about something enough they will eventually look into it, and that's all we need, looking into...... Get ready folks, start thinking about how you will help spread the word in the coming weeks. I'm personally looking forward to spamming those Pumpz groups on telegram  Thanks. Got your answer: a queued BPN will stake normally and earn regular PoSP reward just as if it was with the other PoSP balance of the given user. Actually, allow me to revise my answer. After much internal deliberation we have arrived to the conclusion that queued inactive BPNs should not be earning reward until they are accepted in the 125. There are two main reasons why we favored this: if at one point it becomes difficult to get an active BPN position, a BPN runner might think twice before selling his valuable CBX position and also the fact that while waiting for an active BPN position, those 2000 CBX removed are leaving more room for other people on the network to earn staking rewards. CBX is a 2% inflation project, so allowing more people to earn staking rewards is a desireable thing imo. I don't think that is a good idea .... I would think that would actually deter people psychologically even trying to accumulate the 2000 to start with. I mean think about it. It seems like a lot of hoops now to get a masternode compared to other projects. Also sitting in this queue for weeks or months with 2000 coins (masternode amount that you paid a lot to accumulate) earning zero will encourage people to dump it back and get a masternode else where. Psychologically it does not add up. I mean the smartest thing is for everyone with 2000 coins to be in the queue and as their queue number ticks down they are less and less likely to sell. not have them sitting there pissed off they are getting nothing for months on end and leaving/selling out with a bad taste about cbx when other masternodes they own have been earning them good returns. And those in the masternode are only going to sell if they have too. This is a bad idea if you ask me. Possibly a reduced interest rate but even then I would not be bothering holding on to my 2000 coin parcel if i can trade in and out of cbx and earn lots more than the zero rate of waiting in a queue for months. Masternode owners may never vacate those slots so then the idea of keeping accumulating the magic 2000 just to get zero interest for months/years?? I don't think I would even bother queuing my coins and in that case why would i worry about even having 2000? It is kind of damaging the entire reason for masternodes which is to accumulate and hold. The queue is great but must earn full interest imho for it to achieve the desired results of making cbx a savers coin of increasing but stable value. Also what time frame on this queue system and new masternode system. I mean it may sound a trivial thing but this to me sounds like a huge huge task and something quite novel. So are we talking weeks or months here? |
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People are getting tired of these nations and their fud.
Let's hope the western nations just hurry up and regulate crypto so they get their slice of it all and it goes main stream.
Later these others can string along or not if they wish.
Crypto is just part of evolution, like the internet and computers. Once it was out there was no going back.
what is this post even about...... there are a million others documenting this in full already ..
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Nobody cares about china now. They are out, the stability that will afford us is worth more than their constant annoying fud.
They will be the main losers here because most other wealthy nations are going to regulate and get their cut of the crypto pie.
" when the winds of change come - some build walls and others build windmills"
ironically that is a chinese proverb
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Let's add the latest FUD here all in one place and deal with it as new fud arises. We can update the OP so people don't need to create 25 face book bans crypto threads on the main page. Makes us all look like a bunch of pathetic sheep all crying and bleating to each other the same bullshit over and over.
1. S Korea -
S. korea are simply regulating crypto - reasonable regulation is good and essential for main stream adoption. Let's not cry about giving a few % tax so we can see mainstream adoption. End uncertainty and bring in bigger investors and those that are less risk adverse.
- so always going to happen if you want it mainstream.... the govs want their tax you all know this...that's just how it is.
2. Face book banning crypto -
what did we think would happen when all the scamming ICO;s were sucking in their audience through their ads?
ico's ruined it for legit crypto there, but if you need a face book ad to inspire you to investigate crypto now as an investment you probably are not a high net worth individual. If you were the type to give your money to a stranger on the internets for a bag of wishes and promises then you are better off not getting these adverts in front of your face. Better to hear from a trusted friend (surely they must have friends i mean they have 100000s of them on facebook dont they) a real account of them actually making returns on something. If their friend got lucky then perhaps they will rather than going in on a blatant scam. If their friend pulls them into a ponzi then that's one less friend you have to buy for at xmas time ...so over the next years you will get your dollars back.
- so its a shame you all let legit crypto get lumped in with ico scams. I blame coin market cap for this more specifically for rating them altogether. Trustless decentralised crypto is not the same as premined schemes that require trust from the outset. These are almost direct opposites.
but face book is nothing to worry about really... more centralised dinosaur that will phased out in near term and i understand their action here to protect themselves and their users anyway.
3. Tether getting audited.
GOOD. If they are legit then good, and they must submit to regular audits in future. If they are scamming us all then throw them in jail. These agencies who ever they are demanding to see their books are doing us a favour.
We need to weed out the scammers dont we. So this is simply progress in the direction we need to go. When do we find out if these tethers are backed by real USD anyway? I don't see how 2bn is going to take down a 700bn (of course all these market cap numbers are a joke anyway we need a better metric to work by) industry anway. I mean they cant have faked the entire 2BN can they? If they have faked even a few % i guess we wont be seeing them for a long time anyway.
4. India banning crypto and terminating entire villages and towns if anyone is heard talking about bitcoin or crypto
Turns out to be the media reporting more false bullshit . I mean surely there should be some recompense for panic sellers who read these exaggerated almost terrifying headlines verging on outright lies and manipulations? some of the new sources are big too not just some university press all fucked up on weed. What is their excuse for putting this dirt to print before checking it out properly?
So their minister says we don't recognise crypto as legal tender (fair enough) and we will do what we can to stop criminals using it?
But wait we love bitcoins blockchain tech and since we are a country of IT pros and tech junkies we fully intend on integrating this shit everywhere we can for max benefit to our society.
5. 2 big banks in the US are stopping people using their CC to buy crypto direct?
This is of course sensible and prudent. You can imagine the sort that are going to get hurt here. Those that will stock up on BTC to push into ICO's waiting for those 50x returns by next month and since they have now probably a 1 in 20 or less chance of getting into a GOOD ico that will do anything other than cost them money things wont end well. That i think is giving generous odds too.
I mean you are litterally buying thin air with most icos they have no working product and you get to read all about their dreams and promises on that nice white paper. That white paper more often than not is full of marketing bullshit that only the top dev teams would ever be able to pull off and there are not many top dev teams here to go around. Probably less than 50 out of 1000's and 1000's of projects.
Even buying btc with money you do not have is kind of risky depending on your circumstances but then swapping that btc or eth for dreams and talk is verging on super high risk/ financial suicide.
6 China - - this one who knows... they have caused more ups and downs and instability in btc and crypto than any other country. If they are out for real long term I feel they are the ones that lose. We lose their capital but we gain greater stability. I would rather they regulate and get on board properly but if they must leave then I feel at this point they can do no real further damage.
I'm not seeing anything here other than crypto pushing towards mainstream, govs capitulating to the tech but wanting their slice (fair enough) and some companies taking some sensible actions that are actually preventing us pumping our crypto engines too quickly with poor grade fuel. These are actually filtering the investors that come in. You don't want bunches of people coming in too fast not doing enough homework, getting burned hard and leaving telling all who will listen crypto is a scam.
This is just the fud... There is a ton of good news coming out constantly but the media never reports that for some reason.
Leave comments with details if you think any of what i have written is incorrect so I can amend it if need be. This is just based on some light reading i did lately.
You are indeed right with these FUDs,but facebook doesnt really ban cryptocurrencies in their platform the restriction would only stop these ICOs to participate in their advertising program but we can still share,post,and link any ICO related promotionals in our profiles it means the advertisers who are paying facebook for their promotional would be affected by this restriction. Yes this could be currently true. I wonder what they will do about people just posting about crypto. As yet if they are doing nothing as you say then perhaps it will remain that way. I guess actual censorship of what people want to endorse on their own fb page is quite another thing. |
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this tells me as more countries regulate against illegal securities POW is going to make a big return
so unless you make the cut to be an accredited investor you wont be able to play anymore
Dev teams dont want to go through all these regulatory hoops. They will need to be super careful even if they do.
Smart dev teams will start to buy all the old POW coins that are now almost costing zero and also have no SEC type worries.
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yep the most important tech advancement perhaps in the last 20yrs is now ending
the internet is ending straight after that
computers are ending obviously
next motorised transport of any kind phased out
then clothes are ending.
wheels are being undiscovered
fire does not work any longer
caves are closing down
walking is being forgotten
a small whooshing sound
the end of everything
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Let's add the latest FUD here all in one place and deal with it as new fud arises. We can update the OP so people don't need to create 25 face book bans crypto threads on the main page. Makes us all look like a bunch of pathetic sheep all crying and bleating to each other the same bullshit over and over.
1. S Korea -
S. korea are simply regulating crypto - reasonable regulation is good and essential for main stream adoption. Let's not cry about giving a few % tax so we can see mainstream adoption. End uncertainty and bring in bigger investors and those that are less risk adverse.
- so always going to happen if you want it mainstream.... the govs want their tax you all know this...that's just how it is.
2. Face book banning crypto -
what did we think would happen when all the scamming ICO;s were sucking in their audience through their ads?
ico's ruined it for legit crypto there, but if you need a face book ad to inspire you to investigate crypto now as an investment you probably are not a high net worth individual. If you were the type to give your money to a stranger on the internets for a bag of wishes and promises then you are better off not getting these adverts in front of your face. Better to hear from a trusted friend (surely they must have friends i mean they have 100000s of them on facebook dont they) a real account of them actually making returns on something. If their friend got lucky then perhaps they will rather than going in on a blatant scam. If their friend pulls them into a ponzi then that's one less friend you have to buy for at xmas time ...so over the next years you will get your dollars back.
- so its a shame you all let legit crypto get lumped in with ico scams. I blame coin market cap for this more specifically for rating them altogether. Trustless decentralised crypto is not the same as premined schemes that require trust from the outset. These are almost direct opposites.
but face book is nothing to worry about really... more centralised dinosaur that will phased out in near term and i understand their action here to protect themselves and their users anyway.
3. Tether getting audited.
GOOD. If they are legit then good, and they must submit to regular audits in future. If they are scamming us all then throw them in jail. These agencies who ever they are demanding to see their books are doing us a favour.
We need to weed out the scammers dont we. So this is simply progress in the direction we need to go. When do we find out if these tethers are backed by real USD anyway? I don't see how 2bn is going to take down a 700bn (of course all these market cap numbers are a joke anyway we need a better metric to work by) industry anway. I mean they cant have faked the entire 2BN can they? If they have faked even a few % i guess we wont be seeing them for a long time anyway.
4. India banning crypto and terminating entire villages and towns if anyone is heard talking about bitcoin or crypto
Turns out to be the media reporting more false bullshit . I mean surely there should be some recompense for panic sellers who read these exaggerated almost terrifying headlines verging on outright lies and manipulations? some of the new sources are big too not just some university press all fucked up on weed. What is their excuse for putting this dirt to print before checking it out properly?
So their minister says we don't recognise crypto as legal tender (fair enough) and we will do what we can to stop criminals using it?
But wait we love bitcoins blockchain tech and since we are a country of IT pros and tech junkies we fully intend on integrating this shit everywhere we can for max benefit to our society.
5. 2 big banks in the US are stopping people using their CC to buy crypto direct?
This is of course sensible and prudent. You can imagine the sort that are going to get hurt here. Those that will stock up on BTC to push into ICO's waiting for those 50x returns by next month and since they have now probably a 1 in 20 or less chance of getting into a GOOD ico that will do anything other than cost them money things wont end well. That i think is giving generous odds too.
I mean you are litterally buying thin air with most icos they have no working product and you get to read all about their dreams and promises on that nice white paper. That white paper more often than not is full of marketing bullshit that only the top dev teams would ever be able to pull off and there are not many top dev teams here to go around. Probably less than 50 out of 1000's and 1000's of projects.
Even buying btc with money you do not have is kind of risky depending on your circumstances but then swapping that btc or eth for dreams and talk is verging on super high risk/ financial suicide.
6 China - - this one who knows... they have caused more ups and downs and instability in btc and crypto than any other country. If they are out for real long term I feel they are the ones that lose. We lose their capital but we gain greater stability. I would rather they regulate and get on board properly but if they must leave then I feel at this point they can do no real further damage.
I'm not seeing anything here other than crypto pushing towards mainstream, govs capitulating to the tech but wanting their slice (fair enough) and some companies taking some sensible actions that are actually preventing us pumping our crypto engines too quickly with poor grade fuel. These are actually filtering the investors that come in. You don't want bunches of people coming in too fast not doing enough homework, getting burned hard and leaving telling all who will listen crypto is a scam.
This is just the fud... There is a ton of good news coming out constantly but the media never reports that for some reason.
Leave comments with details if you think any of what i have written is incorrect so I can amend it if need be. This is just based on some light reading i did lately.
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Quark algorithm and Quark coins any relationship? Recently I have seen a lot of coins generated based on the Quark algorithm
yes this coin was the coin that invented that exact algo mix this was a famous project once. |
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I hear so many stories of people that bought at the top 18k range now getting out or thinking of diving out.
This is what they want you to do.
They employ very good psychology to shake your btc out of your pockets into theirs before then forcing you to buy back in as they use the same psychology in reverse to get you buying back in as they bring the price up nice and steady over a decent time frame ...then the pump at the very top.
Don't get sucked in and out. I mean you would have to be unlucky to have bought into the biggest and probably the most important tech shift in the last 20yrs at the top price it will ever reach.
I remember 2013-2014 so many then sold out for huge losses .... it took them years to return just to buy in at the very top again and are now facing the same decision ... these are the sheep the wolves love.
Back then crypto was still a mom and pop thing compared to now. Huge money and investment in crypto and crypto related business. Crypto is not going anywhere. Just like the internet is not going anyway. Those saying it will all die away are bullshitting you.
Walk away forget crypto come back in march april or if you see on the news it sparked back up to a new ATH before that by all means start back up with your trading then. If it is still lower than you bought in april come back in june etc. You have not taken a loss until you sell.
Either way you have no lost until you sell.
This applies to btc only and I would not say this applies to people that have invested into icos with no functional product and no real unique use case. Those could be dumping for good im afraid and i would not be shocked to find those huge ico projects that have nothing to show for the millions of dev funding and millions more they extracted from traders after are not being dumped right now as they feel the SEC on their asses. Imagine those millions of dollars trying to get out into fiat ..........that would give btc and eth a big smack down.
BTC hold... the others that have no real tangible working product then you need to decide...hold and hope for the best or move to BTC and ride that up when it turns.
All these regulation rumours are GOOD ..this is going to bring more cautious but some very high net worth investors in over time and legitimise the entire thing. What did you think ? the govs were going to let crypto be the new "money" but not make sure they get their cut of it? let's be serious.
I don't think the hold and wait is advisable for all alts - alts are being diluted hard there is only so much money and the more alt projects the more the dilution effect is going to bring them all down over time. I am very pro some quality alts but BTC will be the standard for a long time and until that changes only the proven dev teams are going to pull through. Most alts now especially icos are just general start ups looking for seed money and realised the fomo in crypto was ripe for them.
This is all just my opinion it is not investment advise you should follow. Do your own research and make your own decisions of course.
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Is this the old beecoin from 2014? So yes, i got a good stack of this coin on a broken hdd. I mined a lot of beecoin that time. If i let the hdd repaired will i be able to synch my old wallet.dat with the blockchain?
I am not sure, did you swap those for beev2 in believe that swap was 2015-2016? |
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what did you think would happen when crazy gamblers start buying into icos (many of which have zero real value) with the banks money they promise to pay back when the worthless ICO brings in the profits.
I wonder how many are worried right now watching their 18k btc at 8k and sinking.
Btc will come back but the icos they moved that btc to probably will not.
this crash is probably the ico's smelling the SEC up their ass dumping out that btc to fiat quick smart causing this crash.
ICO's should not be lumped in with POW distributed projects that are trustless and decentralised.
These 2 should be kept far apart in terms of classification. Very few have any real dev team or any real reason to exist. There is a few that do.
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ico's are too blame 70% are scams 29% are failures and perhaps not intentional scams. Hard to pick a good one which has actually produced something of value really. I mean from 100 you may get 1 or 2.
what do you expect with this trash valued at 100's Millions or billions.
all that collected value will be extracted by the ico runners before they dump out to fiat
stick to real projects that have produced something of value and you will end up okay
How could you say that ICO's should be blamed , even if most of them are scam or stupid projects , there is no correlation between them and bitcoin , don't forget that we talk here about bitcoin not altcoins so if you referring for the global market sure this is one of the problems of the price crash for altcoins but not for bitcoin , and for that altcoins problem , the investors are those ones to blame not the devs because they are so stupid and ignorant to put their money in such kind of garbage . I assume all the btc collected by those at the top running the bitconnect scam needs to exit to fiat ... same for all the other value collected out of thin air by these icos. They all need to get out to fiat at some point I think as the SEC closes in on those stores of value in either eth or btc they will be liquidated out to fiat asap. You quickly need to exit a lot of btc to fiat what do you assume would happen to the price of btc? |
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look it is quite clear there is far more value for those that can control the price to keep crashing and pumping it rather than going straight up
they want all the btc
most people will not have the nerves for this kind of action and will be raped hard.
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ico's are too blame 70% are scams 29% are failures and perhaps not intentional scams. Hard to pick a good one which has actually produced something of value really. I mean from 100 you may get 1 or 2.
what do you expect with this trash valued at 100's Millions or billions.
all that collected value will be extracted by the ico runners before they dump out to fiat
stick to real projects that have produced something of value and you will end up okay
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they will all come around so long as they get their slice of the pie
come on did we all think this free internet money was going to stay just for us
once all govs find a way to regulate it and extract their bit they will love it.
they will probably all use it to get rid of cash in the end so they get every drop of tax they feel they should have.
win win for them, win win for us early adopters.
those late to the crypto party.... not so much
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-4.5k
it will be a liability to hold btc soon. Quick dump it all now
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