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341  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: April 01, 2016, 08:18:00 PM
This scenario can be great for LISK! Especially since we are launch at least 2 months before the uᴉoɔʇᴉq halving. 

https://youtu.be/_NgFIj9dBkQ

What are the community's views on the video by the Daily Decrypt?

She basically spoke about what could happen if BTC's price doesn't go up between now and the halving. Basically, miners would drop off, but the difficulty would not change for 7 or 10 days(?) till the next adjustment. That would cause block times to go from 10 minutes to 20 minutes or maybe even more. Complicated scenario.

Of course this is going to create some uncertainty and the block debate already has, so I think we will see more money flow into alts.
I don't think BTC has big problems here but it is very very possible. Who knows, maybe some with lots of coin can try keeping the price
down if the demand doesn't rise. So, the situation can be aided to be created.
342  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Athereum: Welcome to the Beginning on: April 01, 2016, 02:42:55 PM
I know they have talked about changing Ethereums emission curve. What are the latest numbers?
Are there 5 every 17 seconds being made?
Any info/links appreciated.
343  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: March 30, 2016, 07:39:10 PM
Where is the best place to ask support or the like questions about MIST? I asked this the page before and no replies.

I am running Ethereum Wallet 0.5.2 (newest I think) Mist on Mac OSX. (Says Geth under Activity Monitor.) It catches up with the blockchain every time I start it but if I leave it open it ALWAYS falls behind.
It shows I have 8 peers. When I try to send any Ether it just hangs there and then when I exit I get a timeout error. 
Is there a port that needs to be open or something? (I get peers though so it seems like it can connect.)

If this is not the place to ask, apologies in advance, just point me in the right direction please.

Thx,
Its about sharing
344  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Game Currency ~MMOs ~Poker ~ 20+ Servers~ShapeShift.io ~RPG +More! on: March 30, 2016, 09:49:51 AM

Such bullshit. That chick was not talking to Jon, some other dude was, and now seeing them cut to her laughing and all that. I give this video two big thumbs down.
I think we should promote the original video that this came from and bury this one so no one sees it.

She says and I quote "Today I spoke to John Fitch."
Maybe speak to Amanda B. Johnson if you have a problem with the Daily Decrypt.
It does seem familiar but nice press for Hyper regardless. Maybe she is going to put out another video.
345  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Game Currency ~MMOs ~Poker ~ 20+ Servers~ShapeShift.io ~RPG +More! on: March 30, 2016, 09:36:37 AM
Go John Fitch!

https://www.youtube.com/watch?v=yvu7GnAnkPc
346  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 29, 2016, 06:33:41 PM
I hope it will be around ICO price so I can buy more Smiley About 2 btc Smiley..

I wish that too but I kinda doubt it will go below ico price.
This is all our wish but I think the price will rocket on start and then drop around ICO after few days or weeks so there is still a
possibility to grab some cheap coins it get stable.

If you want to pick up cheaper LISK, all you can really do is put effort into creating FUD.

Here are two examples of artisan FUD you could be adding to this thread in order to get a bigger piece of Lisk pie:


**claps** BRaVO a Virtuoso FUD performance!!! The best I've ever seen!!!!




Important Update:


Coinbase informed us that they intend to freeze the Lisk ICO funds in their Vault, following some large investments that they traced back to known Bitcoin addresses used by known individuals that are on the U.S. Department of Commerce Denied Persons List:

Our investigation findings have been shared with Coinbase and they will be released to the pubic on Monday 03/21/2016 by prominent tech news site.






Public Warning:


We've spent the past few days researching and investigating the two individuals and the Lawyer behind Lisk, with some colleagues in Germany and United Kingdom. We came across some shattering information that will be detrimental if not fatal to Lisk project.

We are forwarding all the findings to the police authorities in Germany and to the Interpol.

We advise everyone to request refunds for your investments in this IPO to avoid having funds frozen by Coinbase or by the authorities.









Another reason why Lisk will drop upon launch.





FACT: The coin price of largest ICOs has dropped by 60% on average upon launch on exchanges.

Conclusion: Skip buying on Lisk ICO and buy cheap Lisk after it launches on exchanges in next 2 to 3 weeks










Thank you for this
i like it
Thanks

This misses something immensely though. When you bought Ethereum in the ICO, you could get 2,000 Ethers for 1 BTC. That went down towards the end of the ICO, just like with LISK.
It went "down" to around .005 when it hit the markets. Meaning, you could buy 200 for 1 BTC. So the ICO participants were STILL UP 1,000%.


We can only hope the same thing happens to LISK.
347  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: March 29, 2016, 01:05:00 PM
I am running Ethereum Wallet 0.5.2 (newest I think) Mist on Mac OSX. (Says Geth under Activity Monitor.) It catches up with the blockchain every time I start it but if I leave it open it ALWAYS falls behind.
It shows I have 8 peers. When I try to send any Ether it just hangs there and then when I exit I get a timeout error. 
Is there a port that needs to be open or something? (I get peers though so it seems like it can connect.)

If this is not the place to ask, apologies in advance, just point me in the right direction please.

Thx,
Its about sharing
348  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 28, 2016, 01:42:24 PM
Huge news




A very well known Developer in the JavaScript community is building Dapps for Lisk.

https://twitter.com/boxxa


 Grin

Wow, really nice start. This again is the thing - So many Javascript developers out there. And those looking to create a potentially money making dapp now have a platform out there in LISK in which to do so and do so VERY VERY quickly.

Are there any downfalls in Javascript instead of a proprietary language like Ethereum is using? I saw something about memory usage but I'm not familiar here.
349  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 25, 2016, 10:51:25 AM
The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

That is certainly possible and I think the .01 level is reachable as well, especially once the GUI is out.

That said, I think the days of pricing alts and Cryptos in BTC is going to come to an end. We should start looking at things in terms of USD or local currencies
and for many reasons.

BTC is in an explosive triangle right now, near the end of it. If it breaks up, perhaps the alts follow.
I think Monero has a valuation this year of between $3 and $5, perhaps more, but there are so many factors involved.

.... unfortunately i can not agree with this argument....
Take a look at the BTC industry with for example miners built by some cooperations, investing certain ammounts to prosper from the system (<- the believe). Take a look at exchanges rating BTC as their anchor currency. Nearly every market, wether dark or not, is based on BTC.
We can discuss about BTC or BTCclassic, but BTC as a business will not die.
I believe altcoins like Monero will catch up their position and will compete, maybe overtake BTC by 2020, but BTC has a very strong stake and argument in the community and society.
And honestly, trading is based on the believe of worth for virtualities which by them selfs have absolutely no worth. So this implicates, if people believe in the worth of something, than this something will gain worth and vice versa.

If you want to destroy the worth of a virtual something, than you have to destroy the believe in it (like massmedia does the whole time on BTC)




Quite simply, if BTC does explode up, I just don't see the alts following (unless their is utility or feverish speculation, which is possible once the public catch on.)
If BTC suddenly goes to 1200 USD, does that mean XMR, ETH, etc. all go up app 3X in value as well?

Time will tell.
350  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 25, 2016, 10:27:30 AM
It reminds me of litecoin, not good for Lisk! Tongue

Yep, we need to get completely away from just the "L" imo.
351  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 25, 2016, 10:26:02 AM
The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

That is certainly possible and I think the .01 level is reachable as well, especially once the GUI is out.

That said, I think the days of pricing alts and Cryptos in BTC is going to come to an end. We should start looking at things in terms of USD or local currencies
and for many reasons.

BTC is in an explosive triangle right now, near the end of it. If it breaks up, perhaps the alts follow.
I think Monero has a valuation this year of between $3 and $5, perhaps more, but there are so many factors involved.
352  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 24, 2016, 08:03:02 PM
Do you have to be a top delegate to forge/mine like the first page implies? In other words, can holders of LISK stake them for rewards and to strengthen the network?
If you have to be a delegate to forge/mine then that means the delegates are sort of marked as far as taking down the network goes.

top 101 delegates are able to forge (Mine)

Wow, that is a bit dangerous and makes for a very insecure network, doesn't it? I mean are there 101 nodes running and staking things and no more?
Thanks for the reply.

Not really.  all delegates are voted on by the people and shady ones will be weeded out.  If a node is doing shady stuff? let the people know to unvote for them.  Keep the good workers who are making lisk better and drop those who are not.

I didn't mean I'm worried about shady delegates, I meant that the network is 101 nodes and the delegates are a sort of known entity (talking regarding governments here).
There must be something more to secure the network that 101 nodes. thx again

I'm not an expert. All I can say is I think you should read how bitshares does it as it is similar.


Appreciated. I found this quite quickly and it is a great great read. Some strong points and weak points regarding dpos.
http://tpbit.blogspot.de/2014/08/thoughts-on-delegated-proof-of-stake.html

Nice excerpt and btw, I am involved in the ICO. I am bringing this up as a concerned stake holder.

Quote
DDOS on delegates

As it was explained during the presentation, DPOS operates by the network electing a pool of delegates to secure the network. For BitShares, that pool is 101 delegates. If a delegate does not perform their duties (mining blocks when it's their turn), they are kicked out of the pool of delegates and a new delegate is chosen to replace them.

This leaves a lot of room for attack on a small number of nodes. Since most delegates probably won't have a state of the art computing centre to protect themselves, they will be vulnerable to DDOS attacks, among other things. If someone was determined to disrupt the confidence in the network, they would only need to go after the delegates once by one and take their machines out of the network. Of course the delegate pool would reshuffle each time with new delegates, but if good agents are taken out on a regular basis and bad agents have a chance to replace them, it would be possible to have a disproportionate amount of bad agents disrupting the network.

Since the delegates are also supposed to be transparent public figures in the space, they would be vulnerable to a lot more attacks like the rubber-hose cryptoanalysis.

Margin delegate coercion

BitShares has a pool of 101 delegates. Delegate number 101 earns 1/101 of all fees from the network. Delegate number 102 earns nothing. Such steep drop off  can be a dangerous thing.

The situation is similar to the problem of match fixing in professional sumo, as described by Steven Levitt in Freakonomics.

Essentially, the issue boils down to this - if you are at a borderline between winning and getting everything, or losing and getting nothing, you are more likely to cut a deal with someone and secure your winnings through generally frowned upon measures, such as match fixing.

Now lets say I owned a few percent of BitShares, say, 5%, and the delegate 101 has 80% approval. I can approach anyone with 75% approval, or in some cases even 70%, and cut them a deal - you pay me 50% of your earnings, and I will give you that mining spot. I remove the votes from delegate 101 and lower, add my votes to my chosen delegates 102 and up, and I control them, at least as much as they are willing to give up for the slice of the mining pie.

I don't even need votes to bring some people down. Spreading rumours is easy on the Internet, and since most people don't fact check and act impulsively, it wouldn't be too hard to remove some marginal delegates from their ranks.
353  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: March 24, 2016, 07:54:41 PM
Have their been many good arguments regarding Ethereum being both a store of value token and a payment token?
I first saw it as just the fuel for the network but as long as they price the service in FIAT State money, then it seems like it can serve both functions.
354  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 24, 2016, 07:51:15 PM
Next up: 0.01.

You beat me to it! Honestly, that seems to be an important level and once we cross it, the big holders will do everything in their power to keep it above that.
Not to mention just organic growth and a greatly reducing emission curve.
355  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 24, 2016, 07:49:49 PM
Do you have to be a top delegate to forge/mine like the first page implies? In other words, can holders of LISK stake them for rewards and to strengthen the network?
If you have to be a delegate to forge/mine then that means the delegates are sort of marked as far as taking down the network goes.

top 101 delegates are able to forge (Mine)

Wow, that is a bit dangerous and makes for a very insecure network, doesn't it? I mean are there 101 nodes running and staking things and no more?
Thanks for the reply.

Not really.  all delegates are voted on by the people and shady ones will be weeded out.  If a node is doing shady stuff? let the people know to unvote for them.  Keep the good workers who are making lisk better and drop those who are not.

I didn't mean I'm worried about shady delegates, I meant that the network is 101 nodes and the delegates are a sort of known entity (talking regarding governments here).
There must be something more to secure the network that 101 nodes. thx again
356  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 24, 2016, 07:35:40 PM
Do you have to be a top delegate to forge/mine like the first page implies? In other words, can holders of LISK stake them for rewards and to strengthen the network?
If you have to be a delegate to forge/mine then that means the delegates are sort of marked as far as taking down the network goes.

top 101 delegates are able to forge (Mine)

Wow, that is a bit dangerous and makes for a very insecure network, doesn't it? I mean are there 101 nodes running and staking things and no more?
Thanks for the reply.
357  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 24, 2016, 07:25:14 PM
Do you have to be a top delegate to forge/mine like the first page implies? In other words, can holders of LISK stake them for rewards and to strengthen the network?
If you have to be a delegate to forge/mine then that means the delegates are sort of marked as far as taking down the network goes.
358  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: March 24, 2016, 05:27:14 PM
General observation: LTC after bubble is more and more boring (PPC, NMC follow), more and more buzz around Monero, Dash breakout but now lack of buyers... I guess XMR should rise soon. But I wonder if poloniex can handle big daily vol if Xmr will have a new solid uptrend...

polo trading engine should do just fine. It has handled big volume before including with LTC recently.  If you want more exchanges to list xmr then you should ask them to do it!

Polo is handling $10Mil per day atm in ETH alone

The numbers are just amazing and they keep on going.
I just picked up some LISK via the ICO and I really am curious about this one, as they will be using Javascript as the base developmental language. That gives it a huge edge over Ethereum imo. So early in this space still. Take some BTC and throw it at the crowd of alts, doing some research of course but you just can't predict these Black Swans.
359  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LISK price speculation on: March 24, 2016, 05:23:58 PM
Lisk needs a truly decentralized DApp store for it to be a huge success. It doesn't have that, but I believe with the funding they've got, they may be able to pull it off. As long as they realize they now need to hire top notch devs.


Maybe Microsoft can set them up since they are a partner via Azure...
360  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: March 24, 2016, 05:21:46 PM

Can someone explain the Azure news? I am a bit perplexed by what this could mean.

Thx in advance,
Its about sharing
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