@torry28

Good answers! Props on your reading comprehension. 😁

I think it is a necessary feature.

There are a lot if people that don't want to fool with running a node 24/7, and the insecurity that comes with that.

Sure, it leads to centralization of staking, but I think security is more important. The chain is better off with having the extra coins staked in a more centralized manner than having them not staked at all.

It will also help towards creating truely deflationary cryptocurrencies, which I have been a big proponent of lately. https://bitcointalk.org/index.php?topic=1858954

Inflation creates massive downward pressure on the free market, negatively effecting the value of cryptocurrencies. Most people buy cryptocurrencies as an investment, so I think eliminating this inflation is ideal.

I have been a longtime supporter of data storage tokens, such as MAID, SJCX, and SC. I think they are a great idea, and can reduce storage prices compared to centralized competitors that need to pay for data center space (which is very expensive). However, at the present time I am not really impressed with the state of these coins.

1. MAID seems to be in a perpetual vaporware state. Who knows if it will ever come to fruition...

2. SJCX and SC are both operational, but there is little to no demand for the services. I recently (the past couple day) looked into a few ways to profitably utilize my extra hard drive space. The amount of demand for SJCX and SC storage space left me quite uninterested in these projects. Maybe demand will pick up and slowly grow over time, but I think it may be years (closer to 5 to 10 years) before they gain traction- if they do at all. So, I have taken them out of my portfolio, as I think they will stay at or under their current valuations for some time. The demand just isn't there for these services.

I decided to mine Burst with my extra HD rather than fool with Storj or Siacoin. I am only expecting to make something like $3.50 a month (the HD is just under 2 TB), but it is free money and I might as well do it because it doesn't use much power and I don't need as much storage space as I have.

That would be great! I would be willing to participate. When I made this post, I hoped at least a few others might join in. It would certainly make it more fun, and I would be interested to see what others would put in their portfolio.

I already realized I made a mistake, as I meant to only put 2% in Monero and the remaining 2% somewhere else. Oh well, I think Monero is decently more promising than some of the other 2% coins where I can justify the extra 2%!  

#2 would make things more complicated. I guess I prefer #1

I don't know of any decent SHA256 alt coins, or any that are planned unfortunately.

I had originally posited when ASICs quickly became more and more efficient that some decent SHA256 alt coins would be developed, and allow slower Asics to remain profitable.

However, that never happened. I think the ASIC manufacturers building large farms for much cheaper than the consumer, and all of the scams involving ASIC manufacturers, severely shifted the alt coin community's opinion of ASICs and SHA256. Their opinion on ASICs was already pretty dismal to begin with.

As a result, all decently speculatable alt coins that have been conceived since have decided to go with a different consensus algorithm or various forms of PoS algorithms.

That is cool, but I would not utilize any tracker service (decentralized or not) that does not have the ability to rate torrents and uploaders. That is just asking for a virus, and there would be a lot of bandwidth wasting downloading low quality content.

The "meh" was directed at the ad hominem that was (and still is) being directed at me. Calling me lazy, misinformed, only interested in short term profits, etc... is this how you guys treat new community members? Some sort of hazing?  


It looks as if I am not misinformed, as no one knows exactly how the incentives will work. As far as how the incentives work, I know as much as you guys do... nothing.

Contradict yourself much? There is nothing to research, as the details are unknown. You want me to read 213 forum pages to look for something that doesn't exist? I value my time much more than that.


If you knew me (which you don't), then you would know I am less interested in short term profits, and more interested in cryptocurrencies that can grow over a long period of time. Generally, I buy and hold cryptocurrencies for years, so that makes you no better than I. You cannot insult me based on something you admit to doing yourself.

I will entertain offers for a domain I purchased a year and a half ago.

I bought it for a project, but never followed through with it.

Domain: Decentralized.tech

No need to submit lowball offers. I would rather hang onto it in that case.

I will add a field to compare the performance of the fund to Bitcoin's performance on the next update.

Cheers

Username: Coinhoarder
Rank: Legendary
Number of posts before the start of the company: 3607
Bitcoin address: 1GyxGD5e71CaXR9b8AF3NCCWGqmWZJwCGn

Up

I agree.

It is a sell now, but after the price corrects it is an easy buy!

Imbed an IOT chip into your dog or cat than can give you vital health information, be sure they are being cared for when they are kennelled and you are on vacation (track sleep, stress, pain, hunger and thirst), and help you locate them if they go missing.

Car manufacturers could put model-specific chips in cars to cheaply and instantly let them know if there has been a recall for a vehicle. Have a recall warning light or notification. It would be better than the snail mail way they send out the notices currently.

Put IOT-connected sensors in your potted plants and garden, which would notify you if it needs water or nutrients. You should be able to enter what kind of plant it is, so the app knows what nutrients and how much or little water it needs.

Embed IOT-connected chips in grocery packaging, which would allow you to pull up exactly what you have in your pantry, recipes that combine the things you have in your pantry, the nutritional information of everything, and automatically create a grocery shopping list determined by a pre-set list of what you normally buy and what you have left in your pantry.

He did not say WHEN they would be adding it to Coinbase though, just that it would be added. It could be soon, or it could be a year or two down the road. The thread title claiming it will happen soon is misleading. Not to mention all the other rumours about it being added over the past couple years, and it still hasn't happened yet.

It has been obvious since they added Ethereum that Litecoin would eventually be added as well, but who knows how long it will be until they actually do...

Meh, I was just trying to understand how the incentives work and how much inflation there will be. No need to get defensive or combative. I am entitled to my opinion. Create a moderated thread if you want an echo chamber.

But to be honest, no one seems to really know how the incentives and inflation will work exactly, so I will wait to pass final judgement on it once those details are fully disclosed. I still think that if it works how some of you think it will, then it is unlikely to be as widely adopted as you guys seem to believe.

Nonetheless, I have thrown some change at a few VTR tokens anyways. Good luck to us!

To be clear, this is just for fun... to see how the index performs. Although my portfolio closely resembles this, I do not have exact percentages of anything, nor do I have exactly a $100 bankroll.

To maintain exact percentages would be too big of a PITA, especially when adding more FIAT capital into the portfolio. Maybe when Iconomi comes out, and if the fund is performing well, then I will create an exact replica of the fund on there because it will be much easier to maintain.

I prefer cold wallets for storage, unless something needs staking to earn interest.

Hi,

Can someone explain to me in simple bullet points how the decentralized exchange works?

I would like to add it to my thread (The DEX Thread). Actually, I already have added it, but I would like to elaborate on it there. I could not find a whitepaper.

As of 8/20/17:
Analysis: https://bitcointalk.org/index.php?topic=1861499.msg21052011#msg21052011


As of 5/8/2017:
Analysis: https://bitcointalk.org/index.php?topic=1861499.msg18934464#msg18934464


As of 4/8/2017:


Reasoning:
10% of portfolio or greater = Established cryptocurrency, very likely to grow in value
4% of portfolio = Deflationary tokens with utility which will create (at least minimal) demand, plus Monero
2% of portfolio = Has good potential of growth

Let me know if someone drops out.

Thanks

I do plenty of research to find valuable undervalued projects, but the way you guys are describing the incentive system, it is not worth my time to do the research on this one. It will never catch on or become popular if leeches have to pay, or if too much inflation is used to reward uploaders/seeders. Either way, this project is doomed. Maybe that's another reason for the low interest and market cap...