Whether it be new technology, miners or even an altcoin, what is the best thing to currently invest in?
Bitcoin. All of the alts are based off of this original premise; the most funding has been put into bitcoin. The alts all are cool, but they aren't as accepted as bitcoin is, currency wide. Bet on the oldest and most trusted of cryptos, the original. |
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If the amount of income derived would be greater than the cost of penalty (including civil fines and the opportunity cost of jail), go for it. Otherwise, not worth it, from an organizational standpoint.
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Sell out as long as you still can find buyers. Daotoken likely to go zero.
You can easily find buyers at the moment. If there is further drain of the DAO to hackers account, it could go to zero. The price of both Ethereum and DAO are recovering. It seems people still have confidence in it. but it could also be a dead cat bounce. Additionally BTC prices are crashing through the floor. Time to sell those BTC bags for ETH. It is quite difficult to judge or decide. The bitcoin price is still around $630 at the moment. The Ethereum price dropped a little. The Ethereum price is surprising high at the moment. I think there is a chance that these 3.6 million eth will not be dumped to the market. Surprising that it's hovering if anything. A coin in crisis with a semi stable price? Someone, multiple someones, are propping it up ATM. Bitcoin has taken bigger price hits for less, I find the relative stability of eths price through all this as strange. It never took the full dive I expected. |
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Both coins try to solve a different problem so you're comparing apples to oranges in my opinion. Eth is pretty questionable right now with its community being divided but Bitcoin has withstood all since time  Yes. I think it will take some time for the Ethereum to prove itself in the wake of the recent DAO attacks. Not only that, Eth would be alot more useful if it was intended as a currency, not a fuel for a block chain. While eth has value that can be traded for things, that was not the reason why it was made. It was made to fuel these world changing "smart contracts". So from my perspective, if you aren't about to write some smart contracts, this may not be your cup of tea. From a speculation standpoint, is too risky ATM. The protocol is the current laughingstock of the finance world, and the amateur investors that still have a dog in the fight are too responsive to fud/hype. Weak hands it plagues this sector. |
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Actually i like dogecoin to send money rather than bitcoin
it has cheap fee only 1 dogecoin (48 sat) and fast confirmed transaction
But with no limit supply make it not have price, price will slowly going down and down and next die.
Yes! I cannot count how many times (ESP on CEX) that I have transfered value from exchange to exchange with Doge, and converted back to btc to trade with. Low fees, and fast as fuck. Two qualities I like associated with my trading. I do this with ltc from time to time, if the Doge order books aren't looking right. Dogecoin is a nice coin to trade to - since one satoshi up/down in price is a large step in %.
And yes. Also, they do odd promotional shit in the real world every once in a while (remember the NASCAR thing?) That makes the price spike for a few days. Of which I approve wholeheartedly. |
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Quote from this article https://blog.colony.io/why-a-post-hard-fork-ethereum-will-be-more-valuable-abc35bbf6e98#.2jfczxehoBlockchains are not immutable. If they were, we wouldn’t be having this discussion. (Maybe I misunderstood what immutability of a blockchain means , so please correct me if wrong.) Doesn't forking an existing blockchain actually create a "new" blockchain with similar past and different future? The "old" one still exists with unchanged parameters/fundamentals and with enough support from miners it can be kept alive. Yes sir. See the current dillemma with bitcoin classic/core. Two completely different block chains, hence the collective butthurt of the community as we struggle to pick a side. With that being said, really doesn't matter. The Chinese farms dictate which we will adopt. We lost our early lead on mining and are subsequently at the beck of those that currently control it. |
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we can. but "we" won't. just because of the money.
noobs got scammed. thats why they have to scam an new noob.
the question is: how the leave this circle?
I will answer with a question: Take a good guess what may happen if this circle continues? Unfortunately, this vicious circle pretty much defines the current financial system. So the meta question is: when will it stop? Because human nature is the engine that powers this wheel. |
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To be honest I don`t know who to blame more ppl investing or people making ICO to get rich fast, the hype started most with ethereum so now many miners I know would invest in ICO because they think that is the one which can make them rich
They don`t care what it do or even does it do anything, the primary goal is to have profit as fast as possible, and we know that is not possible, someone has to lose for other to gain
And if you say something bad about project or try to reason, they will behave as kids who lost lollipop
I blame the investors. People wouldn't try these shameless cash grabs if they didn't smell blood in the water. And this is because we have literal children that can't spell due diligence investing in these assets. The SEC has a purpose, if this sphere were regulated, people wouldn't even be able to advertise some of this stuff. |
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Has anyone figured out what a "Dash Nation" is yet?
Yes, it's a centralized control system that feigns decentralization with the help of its constituents by means of using their greed as a chimerical illusion of a super-moonbeam-payday when they strike greater fool's gold. Irony is a coin named after a laundry detergent airing its dirty laundry for all to see.
You get a cookie, good sir, and can sit with us as well. I just spit out very hot tea involuntarily. LMAO. |
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I noticed the R3 consortium is going with its own proprietary block chain now. Was this the case before the DAO debacle, or is this a result?
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Voted "meh." ETH will undoubtedly survive, but it's lost its charm.
Methinks the price will hover around 8-10 for a while, the confidence is gone and it seems the hard fork will probably rear its head. I don't think they will just let it ride. Once they break that final confidence with the fork, it's sub 10 for a while. Long term, will prolly go up though. |
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Yes indeed. Seven of them to be exact, and across multiple platforms as I had my primary password and username compromised. Lesson taken; use unique pass/user pairs per each site, use 2fa, and use your brain (good ole common sense). That should protect you from your inner thief (the one that convinces fools to invest in known ponzis).
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Of course because if the government has indeed taken this attitude about bitcoin, per this scenario, then what do you think the penalty for non compliance will be? We jail people in this country for not paying the government a forced percentage of income. Would you want to play with that same government? TLDR if this happens, not letting them in is tax evasion. You should probably, ya know, let em in. |
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Investment. To be honest, it's barely a currency; thing is that few people actually accept btc. And I mean accept directly. Not buying a giftcard, but the merchant being paid directly in bitcoin. Why is this? Because the merchant's supplier doesn't accept bitcoin to buy more goods with. When product manufacturers start accepting bitcoin, I will deem bitcoin a currency. Until then, it's an investment, a value store if you will.
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If your personal details are recorded in a way that makes you liable for the loan, yes, people and or services will loan you bitcoin. If you don't pay it back however, expect the same penalities that would apply had you defaulted on a fiat loan. Value is value.I'm sure your credit record will come into play, as it should in this scenario.
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That was the other fishy thing about these so called hackers. Why announce your intentions to the bad guy before you move? Like saying the FBI is preparing to raid the datacenters. I'm sure the perps calmly look around and say " Look here old chaps, the police are coming to raid us soon. Perhaps we should wait around to welcome them around the place? There are alot of cables here, someone might get hurt.." The whole thing seems like a show. And that only furthers one agenda: getting away with the money, cleanly. Although as I have said before, I don't think this was spur of the moment, so I feel they have an escape/exit strategy in place. |
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Bank, hands down, if I had to choose one. Fiat is king in this world, bitcoin is cool and innovative but is not on par with the universal adoption fiat has. Now that I think about it, to hell with the bank; give me some cash and a safe. That way, I can assure the safety of the value at the risk of personal injury. With a shotgun.
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Oh boy, now they're gonna go down the whole 'we got hacked' phase, just like everyone else....
"Sorry we stole your money, donations accepted" Are you serious?!
OP, do NOT give them any btc. You'd literally be throwing it away....
seen these situation over and over. yet it always work to companies that turned scam, they always get away with such lame excuse. worse is that they even have supporters on their side. Yes!!!! Since when was "we fucked up" a proper excuse for losing millions of dollars! And in such a preventable way! The negligence on the part of the operator is almost criminal every time, but it's all cool and eventually fades into the background when someone steals something else. HashOcean, DAO, I'm looking at you. For HashOcean it's obvious, but for the DAO, it would be akin to holding millions of dollars in a briefcase that everyone knows you have, then leaving it in a parking lot with a cheap lock. Eventually, someone is gonna get in. Not if. When. |
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You dont need stay away from cloud mining site
What you need is stay away from ponzi site
Never go to ponzi, it will always be scam
Agree with the Ponzi comment, but I must say, cloud mining is tending to be a losing bet for most folks nowadays. Gambling on the difficulty isn't as profitable as it once was, and the cloud mining company passes alot of its operational fees to the users, hampering profit and eventual ROI. Better to hold. |
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http://cointelegraph.com/news/hackers-track-hashocean-mining-companyThese guys claiming they are tracking down the Hashocean company and they say they found 2 physical locations of their mining rig data centers. I thought they were just imaginary but this group is claiming they even received a 100 BTC bounty from Hashocean to stop tracking them. What do you guys think ? A fiction movie too good to be true, or maybe there is some true things to this story. Asking here as it made me wonder. I call bullshit on this claim. For one, cointelegraph will publish any old shit including happily advertising known ponzi scams such as coince.com even when notified about it being a fraudulent operation. Secondly, what better way to 'cool the mark' than to have an 'ethical hacker' group pop up and tell everybody not to worry because they are working on tracking the scammers down and, just to prove how awesome this group is, they say how they have already turned down 100BTC from the scammers to get them to stop. THAT IS HOW FUCKING AWESOME A JOB THESE GUYS ARE DOING!!!1!1!!11elebenty!!11! It is bullshit and designed solely to buy more time and reduce the incentive for people to try and track them down themselves. +1 To me.it seems these hackers are affiliated with the scammers, as you have said. It's a time grab, the longer they have people going about a mysterious benefactor that might save the day, the longer they have to pack things up and erase tracks. I think however, this was planned a long time ago and it won't be so easy to track these guys down. But this is an additional layer of obfuscation on the crazy cake. |
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