Hi Lipe490,

If you open the Whitepaper, you can see all the members of the team.

Great question! ACAD will be listed in two cryptocurrency exchanges in December 2017

Thanks for the questions in Slack!

albanes thanks for bringing this to our attention. We've had a few reports of a similar issue today with the windows wallet. To be safe we have removed the windows wallet link for now.

Both OSX and Linux are safe to download and we'll update this thread when windows is live again.

Thanks for the support!

Lol, yeah that pretty much summed it up.

Only thing he mentioned about mining is that it is cyclical.  Once you have paid the electricity bill, and made it to where you finally made ROI (If you do), your equipment will be so out of date that it will barely cover the cost of electricity, so you will need to buy new equipment in hopes that next time you will make ROI and still make a coin or 2 profit....  Next time.

That is extremely vague

1) Could cost you nothing, just the computer you have on your desk, to a multimillion dollar operation.
2) Depends on the coin you are mining.  You might be mining for a dead loss, or if lucky you will make a profit.  You don't go into Mining to make huge profits.  For that you invest and trade
3) Easiest would be to purchase an ASIC, as they are quite easy to set up.  If not, best would be to tell us what coin you want to mine, and what your setup currently is and we can point you in the way.  


Personally I think if you need to ask about mining, it probably isn't a good place to get into, unless you are very tech savvy, or like I said go with ASICs.  You also need cheap electricity in order to make a profit, as the profits and cost of electricity fight each other hand in hand. 

I would say definitely investing.  If you have $50,000 to invest then you have the time to learn about the different coins, and watch closely to buy and sell.

Mining while might be perceived as safer, its actually not.  Sure coin prices fluctuate a lot, but the overall trend for mining at all times is a downward spiral.   While getting more people buying a coin makes the price go up.  Having more and more people jumping into mining actually makes the profitability fall.  IE Difficulty rises.  

If you do go the mining route.  At the very least find a coin that doesn't have ASIC's yet.  While ASIC's are the best for mining, it's also the easiest entry point, which also makes it the ones with the most competition, and every few months it seems some company is releasing a new ASIC that totally destroys the hashrate of the older miners making them essentially paperweights.

Which altcoin?  Or altcoins in general? 

All altcoins can last forever.  All it takes is 1 person to want to keep the chain alive.  Not saying it will be worth anything.  But you can keep one alive if you wanted.

Their big future, and their current problem are both tied to the ASIC miners they announced a few months ago (Obelisk's)  This should eventually stabilize the network, giving more people a feeling of safety to then purchase their cloud storage.  Also should increase the feelings of safety for the investors of the coin.  And once they start mining with the Obelisks, and pay them off, the pressure to sell will go down, and the price should gradually rise as well.  It's not saying Sia will go to the moon, just that it should stabilize and start an upward trend.  To where, who knows.

And not to say Sia is better than those other 2 cloud storage coins.  But that Sia is better then 99% of the coins out there that don't really have a business plan or even a real reason for existing.  3/4 of the coins now seem to try to fill a niche market, but I don't even know why anyone would want that.  "This coin is for buying cookies", and "this coin is for buying milk."   Neither dev is pushing a business plan to actually sell cookies or milk with their coin.  Plus why would a consumer want to open 19 wallets everytime they bought groceries?

in Cryptocurrencies, Market cap means NOTHING.  All it represents is a time slice price on a given market and the total amount of coins available.

Many people believe that Market cap represents how much actual fiat currency has been put into a coin, thus a coin with a high Market cap much have a lot of people/money invested in it, therefore it should be a relatively safe trade.   But that is only the case in terms of fiat currency where the currency is backed/tied to something of value, and not where sometimes the majority of the coins in circulation are pre-mined.

I will give you an example with a strange coin that existed a few years ago named Marinecoin.  MarineCoin premined 99% of all the coins, was about 100 billion of them.  The then mined the rest out at a rate of something like 10 per block.   They then had a website where they sold coins at a stable rate of something like $0.10 each.  Their goal was to purchase an island in the Atlantic and start their own country where the only currency would be MarineCoin.  They also offered people that owned tens of thousands of their coins free rentals on their fleet of Yachts they planned on purchasing.  Very few people fell for it, but for those that did, they valued the market cap of the coin at around $10 billion, which was way bigger than BTC at the time, even though I would doubt or hope not more than a few $100 were ever dropped into the coin.   

Devs are still alive and active.  Problem is 2 fold.  All coins are dropping, and alot of people are dumping their coins to help pay for their $2500 Asics they ordered.  1 thing I can promise is when ASIC's went live for both BTC and LTC this exact same problem occurred where the coin price was trashed until people had paid off their ASIC's and then held onto their coins for a while to sell gradually to make a bit more money from them.  Guessing if it can take the big guys out, it will do the same for Sia.  That being said, I don't see the price growing for a while yet.

I would really have to ask.  Why???  Don't think anyone should be using GPU's to mine Scrypt coins anymore

What price would you be paying/selling them at and at what rate?   I currently have a couple of Gridseed Orbs running for the fun of it, and with the current difficulty I make around $0.015 a day with each of them, and that is amount is falling quickly.  You can't use a Gridseed Orb to mine other coin algorithms aside from SHA-256 and Scrypt.  in order to even make $1 a day you would need almost 100 orb boards connected, and can't see manufacturing 100 boards and putting in a case with PSU and sell at a price that would make it worth it to buy.  Plus with all the big new ASICS coming out, the difficulty will push those to losing money each day before they are even built.

I am thinking since you mentioned 400 h/s to low mh/s that you are talking about a few different algorithms that those boards could not mine anyways.

Obelisk will NOT create any more coins than are currently mined now.  All ASICs do are allow people to pour more money in to get a bigger piece of the coins that are being created now by increasing their Hashpower on the network.  ASIC's are good and bad for a coins network security.   On 1 hand it generally increases the Hashpower on the network, thus creating less of a chance of 51% attack on it.  On the other hand, generally ASIC's create is own problem where the majority of the hashpower is controlled more by companies then by individual users, and in alot of cases actually creates a virtual 51% attack, as these companies can hold over 51% of the hashpower for a continued amount of time.  It's saving grace is an ASIC (the Obelisk) can only do 1 function.  And since Siacoin uses its own algorithm, anyone destroying Siacoin with their Obelisks would in turn destroy the only thing their machines they spent tons of money on can do.  Thus costing them their entire investment.  

Since you are most likely not a miner.  I will explain like this.  Mining is NOT like mining for gold.  Where the more miners you have in the ore vein, the more Gold will be mined in a given amount of time.  

Instead it is like if you had 1000 people in a room where a set amount of pennies drop a minute.  For ease of Math lets say 1000 pennies fall from the ceiling each minute.  GPU miners would be the people buying in to pick up pennies with a small gardening shovel, where the ASIC miners pay 100X more to get in the door and they get a large net.  Eventually as more and more ASIC miners are sitting in the room with their large nets, the GPU miners will give up and leave as they are only able to capture a few pennies here and there per day that are missed by the people nets.  But if all 1000 people switched to Large nets, They would all have to pay 100X more to get in the room, and would all average the same 1 penny /minute they could have gotten if they all stayed with the small shovels.  The room will never switch to 2000 pennies falling per minute because everyone is in the room with expensive nets.  Hope that was a good enough analogy.

All Cryptocurrencies are based on nothing more than a dream.  BTC and Altcoins together.  There is nothing backing them, and their value has nothing to do with how much has been invested in it's Market Cap.    That alone is just a fictitious number.  So that being said, the prices (value) rise and fall based on stable news/panic.  And when most people see the big guy falling BTC, they sell off their Alt coins as well, which causes the dip in price all over.  Remember with nothing backing the price, WE are the ones that choose the price. 

As an investment though, BTC will for the upcoming future be the big giant.  More stable but not as likely to see a 1000% increase in an hour/day.  Many altcoins (but unfortunately not most) have a reason for being there.  From faster block times, being able to store more in blockchain to things like the basis of Cloud storage.  So don't count them out.  And they may even overtake BTC one day in terms of price and overall usability.   And right now they are volatile investments, which means while not as safe, they do ebb and flow with BTC prices but can see those 1000% daily increases on rare occasions.   

You can't calculate a coins potential from its Market Cap.  Since the Market cap is not relating to anything more than a time slice of a coins current prince on a given market, and the number of coins available at that time.  Has nothing to do with the amount that has been invested in a coin or anything to that matter.

Was actually just mentioned in a different thread this morning, but this looks like a fairly accurate list of Altcoins as they came out.  Doesn't list alot of the smaller coins that fell and died, but most of the bigger ones.

http://mapofcoins.com/bitcoin#

Mapofcoins looks like a fairly solid list.  That Historical coinmarketcap is way off though.

Mapofcoins only has the more relevant coins listed.  Which is why coins like Nuggets didn't make the cut.  Or coins like Baconbits, which also exploded in a huge fireball.

Yes I wish Nuggets was more known in the history books, since I was the one that "named" it.  I wouldn't say Nuggets was in the first 25, or even possibly in the first 100 list.  I will say however that Nuggets does have alot of "History" as far as a cryptocurrency.  It has got to be known still to this day as the biggest trainwreck of a coin on bitcointalk forums.  And maybe as the first coin destroyed by a huge premine/get rich quick scheme/drama thread.  Well maybe Marinecoin is tied/or a close second.  But that one at least had a strange twist to it.

Vlad, I actually did see Shitcoin listed on Mapofcoins, unless that was someone else's Shitcoin?    

It doesn't matter if you have 1 person mining a coin with a single rig, or all the people in the BTC network mining.  There is not going to be "more" supply coming in because there are more miners.  All coins autocorrect their difficulty based on how long the last few blocks took to mine, and what their target time is, and adjust to keep the block time around the same time.  The block reward is set as well.  So no, the Etherium miners aren't making more coins which is dropping them in value.

Here is the current "problem" with Siacoin.  They announced ASIC miners a few months back, and since then the price has plummeted.  Most likely due to alot of people selling in order to pay the $2500 per machine.  The exact same thing happened when BTC announced their ASIC's and LTC as well.  If ASIC's can tank those large coins, it can tank a smaller coin like Sia just as hard if not harder.  In the past with those other coins mentioned, as few months after the ASIC's were shipped and they were paid off, the price came back up.   

There are hundreds if not thousands of Altcoins.  Alot of them are get rich quick schemes, but alot of them I value more then BTC.

How you measure them is all relative to if you think a coin is better or worse than BTC.  If the measurement is in price per coin, or possible longevity and usability, then aside from certain coins that draw value from very small coin amounts IE "One Coin", then BTC will probably win out.  

If the measurement is based on ease in finding places that will trade the coin, BTC will currently win out there as well.  That's not to say BTC wins on all measurements.  If you think in terms of how useable it is for small transactions, then BTC fails badly, as the transaction fees can be even higher than the transaction itself.  So in that case alot of altcoins would win out.  Imagine buying a sandwich for $6 and paying a $3 transaction fee.  No thanks.  Also alot of the coins were designed for a bunch of various reasons.  Transaction speeds.  Waiting 5 minutes for a transaction to approve is not convenient ect.  Then there are other things to consider.  Alot of coins use different POW and POS types ect to try to lower the amount of electricity being used.  And some coins are created using different algorithms to try to keep themselves more ASIC resistant or fit into a number of niche markets.  So all in all many altcoins are needed to keep the cryptocurrency ecosystem going.  

And yes some coins can be traded directly to fiat currency without going thru BTC.  The smaller ones don't usually, but the larger ones you can IE LTC/Etherium