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3401  Alternate cryptocurrencies / Altcoin Discussion / Re: HDD Mining better than Gpu mining ? on: September 04, 2022, 11:02:40 PM
Which is more convenient and better in terms of profit and investment? Mining coins ( POW ) or using HDD to mine ( POC )? I heard that you can mine coins like BHD and Burstcoin with HDD and it doesn't consume electricity like that on GPU or Asic mining, I need some info on this fam.

Yeah, HDDmining just destroys your hard drive, at least that what i have read about while ago. HDD isn't build on that kind of stress test in mind, so it will be even worse for your hardware than mining with graphics card. At least graphics cards are build for handling a lot of heavy stuff.

I would stay off anything hdd mining related. It doesn't seem to be a sustainable system, and possibly even more harmful to the planet and creates waste when you think about carbon footprint.
3402  Alternate cryptocurrencies / Altcoin Discussion / Re: Your thoughts about Chiliz(CHZ)? on: September 04, 2022, 08:43:49 AM
What are your thoughts about Chiliz aka CHZ?

Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. This unique thing is that every sporting organization using the Chiliz technology has a limited supply of fan tokens offered at an initial FTO. So is this good to hold for the future?


No, it's not leading digital currency of anything. That's just a lie. Fan tokens serve no point what so ever and this was pointless money grab L2 project without any real use case.
Now they are keeping this pointless shell company running because otherwise they would be sued if they didn't even seem to deliver anything. Now they can literally do anything pointless until they ran out of their money.

I am betting that they have hired layers to teach how to launder this money more for their own personal use.
3403  Alternate cryptocurrencies / Speculation (Altcoins) / Re: global stock markets are under bearish pressure on: September 02, 2022, 11:06:34 PM
While it is possible that we have already seen the bottom or at least we got very close to it we never know what it may happen, the economic situation around the world is very volatile and if yet another event happened which destabilizes the world economy yet again then it is quite possible that the market could experiment another crash, which is I think something that no one in this market wants to see again because not only this makes us to lose money, this also means that the crypto winter will last even longer than what we thought.

True, we can't know the future, otherwise trading would be easy and at the same time impossible as it's a zero sum game. That's why i was using acronym "imho". But if we would go slowly even lower then before, it would drain rest of the hope from the markets and like you said, crypto winter would last longer then ever. And naturally some people want to cash out now because inflation is eating their income and they want to cut their losses. They will probably sell the bottom, or in best case scenario they can buy cheaper. But i wouldn't buy the dip if it would go lower then before, because it wouldn't be worth my time unless i managed to leverage trade it right with high leverage. But that would be more like gambling.
3404  Alternate cryptocurrencies / Altcoin Discussion / Re: Maybe some hacks should not be illegal on: September 02, 2022, 07:24:14 PM
I kinda agree with you at some level and data should be free. But just because you can access to someone's private key, it's nearly impossible that you came up with that by an accident. As the data is private it could be equivalent to getting your email breached. Or leaving your front door open. It would still be illegal to enter.


Maybe let's define what is "hack" and what is "access" according to thefreedictionary.com

Quote
hack 1  (hăk)
v. hacked, hack·ing, hacks
v.tr.
b. To gain access to (a computer file or network) illegally or without authorization: hacked the firm's personnel database.

Quote
ac·cess  (ăk′sĕs)
n.
1. A means of approaching, entering, exiting, communicating with, or making use of: a store with easy access.
2. The ability or right to approach, enter, exit, communicate with, or make use of: has access to the restricted area; has access to classified material.

As an old computer geek, this is a common misconception and not any serious dictionary would define it like that. Hacker is a computer enthusiast and word hacking has been tainted by people who don't understand the whole scene and see computer experts as scary criminals just because they COULD use it to illegal purposes.

Word describing gaining access illegally should be Cracker, which is the word that was commonly used by "the scene" because they cracked systems for their own benefit or the benefit for others.

3405  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH Proof of Work (ETHW): The Next Big Thing? on: August 31, 2022, 07:11:20 PM
All the developers will move to PoS version so i don't understand who would use the old one anymore, except miners who need their rigs to do something. Imho the whole PoS fud is coming from these miners in the first place, they are the ones actually losing something in this. And funny enough they are claiming that eth will be more centralized and only rich people will get to vote. That doesn't even make sense as this same thinking applies centralized in PoW. And in PoS holders actually get something from holding. Miners making the decisions was always kinda weird mindset to begin with but maybe i am not getting the idea.
3406  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to hodl Ethereums? (ETH MERGE) on: August 30, 2022, 09:54:31 PM
This depends the your level of how tech-savvy you are.
1. You can get the forked coins too
2. If you needed to ask, i wouldn't bet that you are tech savvy so instead of trying to manage it yourself and risking of losing your money. I would let experts to deal with it and you can sleep safu.
3. You can just save time with CEXes like binance and probably your nerves too. Only reason for people warn you about Cex:es in the firs place is because in the past they haven't been very trustworthy. Not we have more respectable CEX:es with insurances and safety measures so it's a no brainer if your money is legally obtained. And i feel that if there's a one exchange i can trust it's binance. After Poloniex changed ownership i haven't trusted it.
3407  Alternate cryptocurrencies / Speculation (Altcoins) / Re: AZERO future value on: August 30, 2022, 09:41:44 PM
Give me reason why you think the project is crap, also ive take this privacy issue to the team and they say they don't allow private txs and also

https://alephzero.org/blog/aleph-zero-no-action-letter/

Azero is in compliance with swiss law FINMA

Finma isn't really a guarantee about anything. Giracoin / swiss alps mining got their approval and was still a total scam.
What AZERO will be facing is FATF, not FINMA. But since you asked, it's trading in exchanges that are mainly famous for their fake volume.
It doesn't have a ZK VM nor real privacy. You cannot just mix public and private transactions without the latter being de anonymized quickly.
It has nothing compared to what dusk is building in terms of privacy.
3408  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DENT coin is potential? on: August 30, 2022, 06:17:27 AM
In this Alt season , DENT coin is potential for Next ATH ?

If you are talking about price growth, yes, it's possible, but then again it's possible with any token / coin out there.
If you are talking about the future potential as in solid fundamentals for growth, i don't see any. I don't see the whole point of them using blockchain at all. How does any part in this needs to have a distributed ledger? I mean even the code isn't open source so i guess we never know and have to trust them instead of the code. This is classical ico scam from 2017, that raised money with ico, claiming that if they glue blockchain to startup it would make any sense. There are very few real world projects that actually would benefit from blockchain with current choices for it.

And about this price growth, it doesn't help that during bear, exchange got hacked and lost 831 million $dent to hackers. That takes a lot of trust away and recovery takes ages.
3409  Alternate cryptocurrencies / Altcoin Discussion / Re: Play2Mint & Play2Earn Blockchain Games on: August 30, 2022, 05:56:05 AM
I'm playing mmorpg Ni No Kuni. It's a free to play game at same time it's a pay to win game. You earn in-game tokens called Territe and Asterite by ranking among the top players and by killing respective monsters. Many players are complaining the game isn't profitable and only those who heavily invest on the game are able to earn by ranking on the top, while killing monsters doesn't worth the time spent for the earned rewards.

I stiil don't have any conclusions about the game, but the lack of interest from players who want fast and easy money is a good sign. It helps filtrating the environment somehow. Moreover, bots aren't able to harm the economy, because they don't rank among top players and until they reach a high level where they could potentially have access to better drops the accounts will be spotted, banned and removed.

Besides this game, i don't know any other alternatives right now which can provide players a full gaming experience.

Thanks for this. I just googled it and instantly downloaded it for my phone because it looked so cool. So far this is the coolest game that has crypto implemented into it that i've seen. I honestly even don't care about money now, i am just playing this. Gameplay seems insanely intuitive good and rewarding to me as a gamer. All the crypto games i've tried are somewhat nonsense, bad design, buggy and laggy games that never should have been done in the first place, but this is on whole new level of gaming.

I love the fact if people indeed are complaining they don't get enough money for playing this because i would hate to fill this game with those people. Thanks again.
3410  Alternate cryptocurrencies / Speculation (Altcoins) / Re: global stock markets are under bearish pressure on: August 29, 2022, 09:09:00 PM
---
My question is will this have any impact on cryptocurrency projects


Your account isn't new, so unless you have been living under a rock you should know that stocks most definitely have impact on crypto markets. We know this because it has happened many times in the past. But right now it could be even worse because this bear will be on whole another scale. Although i personally think we have seen the bottom when i look at the charts, we could stay here for a while because future is really uncertain as stocks react to world events and Europe is really volatile right now.

3411  Alternate cryptocurrencies / Altcoin Discussion / Re: Play2Mint & Play2Earn Blockchain Games on: August 29, 2022, 08:59:34 PM
...
Its been almost a year I've first started chasing these type of games and enjoying it so far. I wonder if there are any P2M P2E games worth attention? We could maybe share knowledge and even play together some of those games.  Huh
....

Have you tried Gods Unchained? They have pretty much pioneered quality NFT gaming to the point they created ImmutableX to deal with tx fees for nfts. I think they are definitely worth looking at even though i have some personal issues with them, ton of communication issues during launch and deceiving technical bragging. I don't even need to understand the whole issue, i trust way more tech savvy coders than me on that. But i recon you get best experience for investing very small sums in any game and not try to free leech them. You can get so much more from them when you have skin in the game.
3412  Alternate cryptocurrencies / Speculation (Altcoins) / Re: AZERO future value on: August 28, 2022, 07:03:19 PM
here's some concerns about Azero in my opinion.

1. It has unlimited maximum supply. This is also preventing the price to go up. You must a also see the chart if azero was not going a lot and the price keep steady as fuck. That means if you has low chance to get profit from there. Move to the another token is much preferable.

Price of a single coin doesn't matter because as long as you stake it, your share amount grows with the supply.

2. The development is not impressive. I think that this is also affecting the price movement by zero. You must also aware if the development was a key in the crypto to make people adopt it.

This would be the main issue i wouldn't buy Azero
3. Privacy protocol like this could become the next targed by regulators. Think about that.

Actions and things what governments want on privacy coins are very misunderstood. Right now people are scared of privacy coins because o this. In reality there's a contradiction because even nations who are trying to develope CBDC with a blockchain want it to be privacy preserving. Privacy coin is possible to be regulatory friendly and comply with AML laws. And to top of that, all the law makers agree that privacy is a human right.

You can google RegDeFi if you want to know how is it possible to comply with regulations with privacy coins, i am sorry but can't really explain it as those laws goes way over my head.
3413  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Becomes a Hedging Asset on: August 27, 2022, 04:28:42 PM
Geopolitical instability and inflation are the main issues these days. Is Bitcoin be able to disconnect from these two risks and start being a hedge investment asset today as well as a financial winner in the future?

Well it has potential to do that but the track record isn't that convincing. For example whole crypto has been very reactive to world events and especially stock prices.
Also Bitcoin is still under heavy fire because of POW and more the price grows, more heat it will get especially now when whole europe is trying to save electricity it will be seen as someting to get rid of by ton of politicians. And intensity of regulations for trading cryptos is just going to increase to the point that original pseudonymous cryptopunk idea is far gone. There will be way more blacklisted accounts and if tracking doesn't work they just ban fiat pairs.

All this pressure is definitely affecting trust on bitcoin as a safe heaven of any kind. Then again, there are different kind of voices in people making laws, so we might see some rebellion against regulators, but i very much doubt that as we are slowly losing the physical cash too.
3414  Alternate cryptocurrencies / Altcoin Discussion / Re: Doge Chain on: August 27, 2022, 04:10:01 PM
Iwill invest ithink doge will be hype again beacuse of doge chain thats why iwill buy every dip and hold it iam still believe doge is will 0.5usd soon or new ath beacause of the comming hyoe for doge coin

Dogechain has nothing to do with dogecoin. I can't believe i have to even say this.

Enough of the hate, this Doge chain can end up been another big project like Shiba inu, don't judge simply because they share the same name with Dogecoin, if the team deliver many will have a change of mind and start buying when others have already made money.

Dogechain definitely delivered, as their dev just dumped 1M tokens in a minute. Like you know very "trustworthy" dev does in this market. /sarcasm

https://twitter.com/zachxbt/status/1562683131135528960



As a rule of thumb, avoid investing to anything that's trying to ride on the wing of another coin by adopting their name.
3415  Alternate cryptocurrencies / Altcoin Discussion / Re: Still into high APY projects? on: August 27, 2022, 03:53:29 PM
high APY means the value of coins will gets eaten by inflation, high APY is just gimmick, mostly coin that has high APY usually ended up as a shitcoin, the reason they have no volume in exchange was mainly because they have no value at all at the end of the day.

Value of a single coin gets down with inflation, not necessarily your total value of your share as your share as it's growing with the inflation. In fact your share value could go up as people are incentived to hold their tokens.

Reason why they have been down in the past is because they don't have any other usecase then hype.
3416  Alternate cryptocurrencies / Altcoin Discussion / Re: Still into high APY projects? on: August 26, 2022, 09:43:48 AM
It all depends on the project, certain tokenomics are just a part of it. It's like saying "What's the end of those PoS, or trx20 / bep20 / TRC20 / Dex / projects. It's a wide umbrella that covers a lot of projects that vary in quality.
3417  Alternate cryptocurrencies / Altcoin Discussion / Re: Decision time on: August 25, 2022, 02:29:17 PM
I have a plan to buy 10,000 Doge coin but at the same time I cant take my eye of Fantom, if you are in my shoe which one would you go for and why? Also has anyone heard about doge chain project? A friend talked about this and I want to ask.

Well obviously Fantom from those options. And stay away from doge chain, it's pretty obvious it's not going to bring anything new to the table and it's riding on the fame of Dogecoin.

And about Dogecoin, i don't understand why people are still buying it or why they think it would make them wealthy.
Fantom on the other hand is a solid project with active developers.
3418  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QI Blockchain - The only blockchain the world will ever need. on: August 25, 2022, 12:24:47 AM
Some of the things in your roadmap you can't just promise, because you can't be sure if they happen so you are basically lying about partnerships and number of dapps build on this.
3419  Alternate cryptocurrencies / Altcoin Discussion / Re: Which new NFT creators should people be watching out for? on: August 25, 2022, 12:20:52 AM
This is obviously an advertisement in form of a question thread. OP is not interested in any of the answers, this is his first post and every answer just keeps this thread up. Not sure if reporting this thread helps but i am going to try.
3420  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][Pre-Launch] Trident Protocol | Simple «buy-hold-earn» system! | Escrow on: August 24, 2022, 09:10:56 PM
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