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Never. Store. Private . Keys. On. A . Connected . Device.
If you must, because you hate yourself secretly and don't like having nice things, encrypt the information. I am all for the power of encryption, but I'd rather enemy forces have absolutely none
of my information, rather than any of it, even encoded. Rather safe than sorry, imo.
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The irony is, Andreas would never take this role. He is fully against such centralization.
Key point. He would do well, we could pick worse imo, he actually cares, but I don't think he would bite. Understand there is a bit too much capital in BTC at the moment to "die". Larger players have a stake in this now, and China will mine 1g blocks if it's that or nothing. The situation has simply not gotten dire enough to force anyone's hand atm. Wait and watch. And bring popcorn. |
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Sellers are active though to monetize their collected Lisk during the ICO period so we might see the prices going down still.
This is my feeling, but how suprised I was to see that YoLisk had popped up 5x in the night. Still thinking the correction isn't over, but I will reserve commentary. You just can't predict the hype on this shit. Disclaimer: holding Doge, so I dont really have a dog in this fight. No pun intended  |
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 Anyone want to invest in a perpetual money making machine? The image is only a prototype as the shadowy autonomous organisation who initially invested in the project are thinking of removing the bankrupt option. It went to a vote at the last board meeting but we couldn't work out who voted for what due the decentralised nature of the committee. Each proposed share costs half a bitcoin, a few dash and a decimal fraction of monero. By investing you will own the rights to a signed message of a hash of a share but you can cash out to dogecoin soft toys at any time. Mark Karpeles has been quoted describing the project as 'risk free' Who's in? I'll take 100 shares please.. hold them for me until the price tanks. Winning.  |
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My plan: to not invest in any of these "highly lucrative" icos. Going to hodl until it breaks  |
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These "people" make me sick.
I'm 100% made of people, I promise you think they can recover? i would like to buy lisk if someone can confirm.
They just ass taped their investors. And you want in that shit?  That is the best image in the world, please roach, make a gif of this. This needs to be quoted, and widely. With no context so it's hilarious. |
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Don't know if what OP says is true or not, but I wouldn't be surprised either way. I haven't been on poloniex in quite a while and haven't been watching the price. That little IOU thing on Yobit has crashed like 94%--is it doing the same on poloniex? It's crazy the money movement in the altcoin world. Eth goes up, Lisk goes down, bitcoin stays flat, blah blah blah.
Funny story, I almost got myself into trouble playing with this today. Logged into yobit to compare ether prices vs polo, and noticed LISK had kicked the bucket. Ran to fucking ruin I mean. Switching tabs over to polo, I noticed the difference: .0001 to .0008. My hand involuntarily went to buy, but, remembering what exchange I was on, I had the piece of mind to ask in the trollbox if the Lisk wallet was cool/was withdrawable. Was immediately informed it was supposedly on the wrong chain, I didn't investigate further, took that as a no. Had I purchased, my friend.. no one would have heard this story tonight |
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Spoetnik and Roach are Bitcoin maximalists and you can use this info to....determine how threatened they feel by any altcoin. If they praise or ignore the coin, then it is no threat. If they attack the coin, they feel threatened by it--you can see their level of fear raise or lower by the coin's popularity in threads or the growth of marketcap. While I feel that roach's attacks are more technically sound, they do move towards emotional appeals as the threat level increases. Spoetnik's attacks are usually of a prodding/provoking nature and are generally of a low quality to noise ratio--classic trolling.
If anyone could create a spoetnik/roach fear index based on the correlation of their positive, negative and combined post output, I'd be interested. Seems they put most of their effort into ETH and XMR currently.
Let's punish them by creating a super scammy ico coin named r0ach&spoetnik that will never deliver anything  Lol, I think they would soundly denounce it. And enjoy doing so |
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Notice the actual amount of BTC. They're trying to create a fake pump. / True?Walls on Poloniex aren't real until they are fulfilled. You should watch the Eth books move , it's something to see |
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If diligence is impossible, it's usually because something is being hidden.
Also, BTCPop? Sounds like a delicious confection, not a cogent investment.
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My first site I created my wallet is blockchain
They said that blockchain is most safest wallet for now.
The same here, in fact, this was my first wallet period Then I came to the forum and read all the hacking horror stories. Withdrew everything to my first paper wallet that night |
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I see a lot of answers bitcoin can live with itself.
I dont really know much about that because I am still not knowledgeable regarding altcoins. But I know that it all started with bitcoin.
of course all Startlingly on bitcoin. bitcoin is the originator or cryptocurrency first created and with bitcoin phenomenon that began to be popular then lots of smart people who wants to follow bitcoin and create a new cryptocurrency. but bitcoin first born and famous. bitcoin will survive even stand alone as when you first start Agree. New technologies might provide innovation, but it took a while for the trust in btc as an actual currency to build. It was hard fought actually, and outside of this community, I see no widespread adoption of any of the alts. That will change, but in time. |
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LISK launch day has not gone well for ICO participants. (Where are all the LISK sigs now??).
WAVES is next. Every page has a WAVES sig on it at this time. I wonder if they'll still be there on WAVES launch day? These are crypto defining moments believe it or not.
IPO/ICO fever will now hopefully come to an end. Investing in ideas with no infrastructure is always a bad idea. I'm beginning to lose faith/hope in the future of crypto. I never thought I would feel that way.
Not going well is the understatement of the day. Man, LISK went shitshow clusterfuck. My language be damned. So badly, I wonder if it wasn't halfway intentional. Was it a ddos, or did they genuinely not plan for a foretold number of participants? I don't think this ico shit is over yet. The enthusiasm to throw money at the unknown is too great around these parts. Lets make some Waves! |
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I love you guys. Dammit, I love it here. It's not Tv. It's BitcoinTalk.© |
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It's like the damn technologies are people's kids or something. People get to the "fighting words" place too quickly for something that basically shouldn't concern them. Besides those invested, if any of these technologies suddenly disappeared overnight, it wouldn't change too much, at least in my life. Maybe I'm boring |
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ETH price is skyrocketing again, damn it I missed the train, it seems like this was overhyped because of the DAO release, I think it will be back to its normal price after this month. Just my guessing, good for those guys who profited on the trading.
I bought some Ethereum at a price of 0.03. If the bitcoin block size does not increase, the price will rise again. If the bitcon block size is kept at 1MB for long time, people cannot do transaction there easily, they will choose Ethereum. Where, at the moment, can I buy products with Ethereum besides DAO tokens? Specifically, where the price isn't pegged to btc, since essentially that would mean the product was purchased with bitcoin? Serious question, but rhetorical: there are even fewer merchants that except Ether than those that accept btc. What do you call money that only the creator deems valuable? Scriphttps://en.m.wikipedia.org/wiki/Scrip |
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We stand at a weird point of time in the history of Blockchain technology and its eventual rise to mainstream adoption. The technology is not a geeks dream anymore and the community is not entirely considered to be outliers. Banks, governments, enterprises and private investors are watching with eyes open on the various projects that emerge from enthusiasts of a revolution that is expected to be decentralized in nature. Amidst the hype and excitement, DAO (Decentralized Autonomous Organization) has managed to raise over 150 million dollars.. The fact that this amount has been raised from individuals around the globe, most of whose identities are not even known shows the potential a decentralized currency has in the context of fund raising. While the legalities, logic and possibilities of what is happening is subject to debate, this post is not about that. It is about how development on the Blockchain has evolved over the years.
When Satoshi Nakamoto released the whitepaper for Bitcoin in 2008, he did not seek a couple million dollars in funding. What he did however, was seek the input, insight and contribution of skilled individuals from around the globe that he believed could contribute to the project. The rise of Bitcoin was not through pointless hype but rather by building upon its utility and community over the years. From the perspective of a consumer - Bitcoin does one job and it does it perfectly well. Remit tokens of value, around the globe, while circumventing global players such as banks, governments and their related agencies. Granted the currency or rather commodity is subject to fluctuations owing to supply and demand, the currency paved way for millions of individuals to connect themselves to an economy they never had access to earlier. Entrepreneurs and freelancers from third world economies could now receive and remit payments while not losing a major chunk of it to third parties who never played a role in adding value to the economic chain. Bitcoin garnered traction, not because it could raise a couple million dollars through an initial coin offering, but rather because it could get its job done right amongst the demographic that used it during the initial days, regardless of whether they were hackers, money launderers, gamblers or wikileaks.
Skip through to the era of alt-coins and you have a community of developers sprouting from around the globe demanding thousands of Bitcoin in “investments” or rather, donations for the purpose of building blockchain based solutions. The fact that a large chunk of these developers remain largely anonymous and are often not accountable in regards to how the funds are spent leads to disastrous situations in regards to corporate governance and transparency. Ethereum - which was once one of the largest crowd-fund amongst decentralized communities, was crippled for a while due to fund shortages and mismanagement of its funds. Similarly, Bitshares - a community that decided to have its tokens given to developers on the basis of voting and democracy found itself crippled owing to politics and investors not understanding how to actually build a profitable enterprise.
Waves, Lisk and IOTA have together raised over 5 million dollars in the last few months. Each of these currencies solve unique problems and definitely contribute drastically to how the world approaches a more decentralized era. Odds are, the teams behind them are fairly credible too. However what’s concerning me as an individual is the amount of hype that’s going on behind these coins and the culture of pointless ICO’s around a number of concepts that add little or no value to the ecosystem. The sheer amount of dead ICO’s and projects that have fizzled out would easily run into the tens of millions of dollars. There used to be a time when this wasn’t the nature of decentralized currency. When core utility and a community around the product mattered more than the funds raised. When the end goal was disruption rather than a short term hike in price. It almost feels like in trying to disrupt conventional systems of banking, we have the community itself falling down to greed and short term obsession towards a pump.
This obsession towards ICO’s and investment gimmicks can possibly do more harm than good because in a lot of these cases the capital is dumb capital and does not pave way for the innovators (if any) behind the coin to actually have the opportunity to work on the coin and the product behind it. Unlike venture capitalists who take risks posts conducting due diligences, Bitcointalk is strife with individuals who don’t have a clue in regards to what's’ going on. Seasoned investors in the game would easily play the pump and dump game while an individual that is new to the ecosystem would play along, eventually losing out what’s his or hers. While the free market does give each individual the freedom to do whatever he prefers to do with his money and investors are bound to lose their money if they don’t do their due diligences, I personally believe all this obsession with ICO’s could partly be the reason why no alt currency has neither attained the scale nor the user base Bitcoin has in all these years.
Revolutions are not to be monetized. Or, in the few cases they were , they did not really end with the masses being on the side not being screwed over. (eg : Rothschilds and the battle of Waterloo). While private investments and interests in Blockchain technology is rather welcome and much needed, the pump and dump game looks like a new iteration of penny stocks for individuals to sit on their computers all day long and earn money for spreading FUD (fear, uncertainty, doubt). I am a strong believer in decentralized crowdfunding and what it can do for the people. What am against however (and this post in its entirety is about) -is the pointless hype that goes on behind some of these projects. Its time the community called the bullshit once and for all. A lot of the “enthusiasts” behind the new ICO’s do so with the intent of liquidating at a higher profit margin within a matter of months, if not weeks and thereby increasing their capital. If such, is the nature of capitalism within our attempts to create a revolution on the blockchain, may god bless our souls. Or much rather, may the banks come do it through their “permissioned” ledgers, because I fail to see the differency any longer. Both .. are fuelled by speculation, greed and a deep control on the monetary policies
This is an excellent contribution to the community. I look forward to your posts in the future, you have my attention. As you have so eloquently stated this, I have no need to revisit , I agree with this part and parcel. I will add, in traditional finance, the IPO phase is usually only approached after a business has had sufficient growth to stand on its own, with a mature brand, and capital is needed for expansion, not development as we see with the current rash of ICO offerings. Essentially,I'm saying there is usually a proven product on the shelf, not just an idea. Investment at the concept stage is usually only reserved for big VC, as only they can tolerate the risk associated with early stage adoption. Especially in the technology sector. You get a cookie. I had not thought I would give out more than one today. Never mind the shills. They are genuine sometimes, they simply don't have the perspective that comes from questioning your own motivations. Thank you for taking the time to pen this for us. |
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IPO,s are just the new form of BTC gamblig IMHO.
Hot damn sir, this needs to be quoted. You get the cookie for the day. |
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We are all the capitalists. I like the idea of the DAO, but we still need the investment experts to advise us. Amen. There is a reason why much education, and a few professional licences are necessary to simply be a fund manager. That doesn't even speak to landing a job in the space as well. Looks like most alts along with Ether are undergoing a fall right now.
Indeed. Dash took a tiny hit the last time I checked, but ether is under going correction at the moment, hopefully it will recover as I assume there are a lot of investors in the 15 esque price range that would like to see a return to those levels. The price of the Etheruem has dropped over 20% over the last few days. So the correction has begun. We told them, but they accused us of being false. We shall see what will be reaped. "In that place there will be weeping and gnashing of teeth" |
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What I don't understand is the amount of vitrol on the boards simply for the sake of these technologies. I have only seen worse, ad hominem filled discussion on the political boards, namely, article commentary. I love you guys, but honestly none of this matters that much for me to think of it outside of this board. I have bills and shit.The board to me is more like a fun, always there source of zesty debate material. I didn't make any of these coins, they don't affect my daily life, and commentary on them doesn't diminish me , so they are truly inconsequential. Also, since I no longer invest more than I can afford to lose, I don't have to check my own motivations when I make commentary about one of them.
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