What are the coins with large development teams?
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A thread for Stratis speculation to avoid getting too OT in the main thread.
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Welcome to sub-7k. Shills lose. Trading experience (or FUD as you call it) wins. This is a business, not a religion.
There doesn't seem to be any volume under 7000 sat. It seems ATM to be the third healthy consolidation. From the little data we have, the coin is still in a healthy uptrend. Most decent alts were hammered recently but not Stratis, which was a good sign. Plus didn't you predict a "dump" when the coin was under 6000 sats? We probably should start a Stratis speculation thread though. Mind you I do agree with you that there is a lot of "positive encouragement" which is not always a good sign, but in this case the price action is still Ok IMHO. I started this thread as I don't think we had one. https://bitcointalk.org/index.php?topic=1670112.new#new
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I re read the Iconomi whitepaper this morning, and remember why I didn't go for the ICO. I wish I had now though. I just didn't understand it. Can anyone here tell me how the Iconomi proposals compare to Lykke? I think I understand what Lykke is trying to do, but I still don't get Iconomi. How is Iconomi different from Lykke? Thanks you to anyone who can help They are targeting very different markets. Lykke is going for the traditional assets, and working on trading traditional assets on its platform. Iconomi is trading only crypto assets on its platform through funds - currently planned for index and performance. There are no such crypto funds in Lykke, and no way to trade oil in Iconomi. As I said, very different markets, and likely very different audience/users as well. Thanks I thought so from reading the whitepapers but wasn't absolutely sure
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I'm writing this in my personal capacity not as community manager and my experience as a lawyer and this is to answer the accusation that founders are just swimming in their founder's reward.
At current prices 20% of the mining for the next 4(?) years, looks roughly in line with other projects and ICO's.
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If we dismissed people out-of-hand because of their bouts with depression, mania, schizophrenia, then the world would lose a great collection of artist, mathematicians, philosophers, poets, musicians and trailblazers extraordinaire.
+1
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Zcoin looks like a great project, but it's too expensive for me to buy at the moment. It's emission curve follows that of bitcoin I'm told so we have a long period a steady supply of coins from mining.
I did buy some as I liked the project, but sold them once I looked more closely into the price and how many coins will be mined in the near term.
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It's a ridiculous price atm considering the tech the coin uses and the roadmap planned! But ZCash gets all the hype! I'm holding my xzc for a long time as I think this one has a good future.
Market cap of $500k is insanely low for a zcash and monero competitor!
Looking just at the market cap could be deceptive. Zcoin has released a very small amount of the total coins. Look at what the market cap will be once all coins are released. This will give you another perspective. A better perspective IMHO. The market cap of all coins is around $50M USD
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Dunno what is happening.
Zcash: +300% from 0.6 to 3 btc each Zcoin: -50% from 0.008 to 0.003
Why this massive dump last 48 hours for zcoin?
Zcash is goint to the moon and zcoin to the hell.
I think you just have to give it time. thousands of new coins are being mined every day. It seems that a lot of these are being sold in the market. It's a simple matter of supply and demand. At the moment there are more sellers than buyers so the price is going down. In the short term this has little to do with whether the tech is good or bad. We need to find a price where there are enough buyers to soak up the supply. The technology may be amazing but it is impossible for Zcoin to go up until there are more buyers than sellers.
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Notice a few questions coming up:
"Loads of new coins are being issued each day"
Zcoin follows the same release schedule as Bitcoin's. And Bitcoins market cap was very tiny at that point, . But we are both comparing apples with oranges to some extent. But my point was replying to someone who was suggesting people buy. I really like the project and own a few, and want to buy more. But I just wanted to add my thoughts when someone suggested people buy now. But who knows they may be right. I've been wrong plenty of times before
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2. This is a new coin, and really untested, but the market cap of all 21 million coins is $50 M No wonder the sellers are crushing the price. Does anyone really think this coin is cheap?
Well if we're going to calculate present marketcaps based on coin supply years down the road then how do we calculate Monero with its infinite supply? I'm pretty sure Monero has a cap of 18 million coins, but I'm interested if you have any evidence to the contrary. thanks
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I put a fraction of a Bitcoin into the ICO....but only because I misread the ICO page. The ICO is capped at 30,000 BTC??? I thought it was 3000. Guess I'll have to wear my glasses next time.
30,000??? For real?
Yup there is no limit to greed of some devs. and to top it up 5000 BTC worth of BTCD swap to further dilute the ico investors reward. Luckily I only put a fraction of a bitcoin in as a "test". Had I not misread it I would have just watched Lol. This conversation seems like a blatant attempt to discourage people from investing and diluting your total receivable amount. Lol. I also invested and would prefer as an investor if others did not = more for me. But I am not going to post ridiculous and meaningless posts about 30k btc caps. A lot of ICOs have NO CAP. This ICO has a cap it will NEVER reach. Not even close. So your comments are RIDICULOUS and make you look like you don't know what you are talking about. Stop FUDing. Just stop. Well mine was an honest mistake. I just didn't think anyone would put a 30,000 BTC cap on it when other quite decent coins were able to fund themselves with much much less. 30,000 BTC is about $20M USD, and this amount seems excessive. What would the devs spend $20M USD on? Why even put a cap on if it is going to be so high? Even in the ICO link now it doesn't have a comma, and I think a comma would help. It has 30000 coins, whereas it could have 30,000 coins. I think that would be helpful. Even this post https://bitcointalk.org/index.php?topic=1605144.msg16734523#msg16734523 has 30 000. with a space to make it clear. I actually wish the developers well, and hope the project succeeds. I will say that if the ICO funds are anywhere near the present amount towards the end of the ICO period I will be buying more.
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I don't think I've seen many coins with such good price action. I just keep adding
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I bought some antshares in the ICO. I have an address and a key somewhere. How can i get my coins?
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As an example we could compare to Monero (to pick another privacy style coin),
Monero's marketcap based on all 18 million coins would be around $90m
Zcoins marketcap based on all 21M coins would be around $50M.
But XZC is a new untested coin with loads of coins being issued each day it appears and dumped.
A couple of days a ago there was 264,000 coins. Todays there is 285,000 coins
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Price it a all time low! Excellent time to buy with the upcoming updates. I don't see a reason to buy. 1. We don't know how many coins were given out in bounties. We don't know how many are going to be sold. 2. This is a new coin, and really untested, but the market cap of all 21 million coins is $50 M No wonder the sellers are crushing the price. Does anyone really think this coin is cheap? The coin appears to look cheap because so few coins have been released. According to coinmarketcap $60,000 worth of coins traded in the last 24 hours. the entire marketcap of presently released coins is around $700,000. This appears to show that a large percentage (as compared to other coins) of available coins are being sold
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I like this project, and the way the Dev team handle themselves. I understand that they have sacrificed to get this project to where it is. Most projects now have some form of ICO to get some funds to the team to work on the project.
Is there anyway this could be done to help the team of I/O coin?
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I put a fraction of a Bitcoin into the ICO....but only because I misread the ICO page. The ICO is capped at 30,000 BTC??? I thought it was 3000. Guess I'll have to wear my glasses next time.
30,000??? For real?
Yup there is no limit to greed of some devs. and to top it up 5000 BTC worth of BTCD swap to further dilute the ico investors reward. Luckily I only put a fraction of a bitcoin in as a "test". Had I not misread it I would have just watched
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I re read the Iconomi whitepaper this morning, and remember why I didn't go for the ICO. I wish I had now though. I just didn't understand it. Can anyone here tell me how the Iconomi proposals compare to Lykke? I think I understand what Lykke is trying to do, but I still don't get Iconomi. How is Iconomi different from Lykke? Thanks you to anyone who can help
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