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4481  Bitcoin / Project Development / Re: Blockchain Adoption to Save Banks $27 Billion Annually by 2030: Research.. on: August 10, 2018, 12:29:04 PM
A study conducted by market intelligence firm Juniper Research indicates that by deploying blockchain technology financial institutions stand to generate savings amounting to over US$27 billion on cross-border settlement transactions before the end of 2030. On the basis of on-chain transactions, the costs will be reduced by over 11%.

Credit:

https://t.me/howmuch_net
https://t.me/whatsoncrypto
https://www.juniperresearch.com/press/press-releases/blockchain-deployments-to-save-banks-more



blockchain was created to replace the banks somehow, not make their lives easier
4482  Bitcoin / Project Development / Re: Research Price Bitcoin Project on: August 10, 2018, 12:15:25 PM
In fact, I have highlighted how the project is an experiment. However, machine learning algorithms can help in short-term trading decisions due to the ability to analyze large amounts of data in fractional seconds. In the long term it is obvious that this can not happen.

the market isnt systematic or periodic, like natural life and death cycles....., bird winter refuge routes, or salmon breeding return wanderings

it cant be described with algortihms...

there are trends, fashions that are temporarily.

Yes, in principle I agree with you, but I would like to try. The project as I pointed out is experimental. It's in an embryonic phase, and right now I'm analyzing the results. The goal is to understand how accurate the proposed value can be.

i think coding an interexchange arbitrage bot is more secure, and more successful than trying to prognose bitcoin

but there are many doing that already

I've done both - I've built an arbitrage bot and an AI that finds trading patterns (genetic approach).
The arbitrage bot isn't efficient because the markets are moving so fast that you don't get the prices that you want - even if your sever is directly connected to the exchange server. It doesn't matter how fast your algorithm is - it's physically impossible (talking about bitfinex). You can maybe earn something on slower markets but it's less lucrative and it takes a lot of work to do and event after that it isn't guarateed to work.
It can also be that you have calculated that you will earn a lot of money but after a few months, when the project is finished it's 1/10 of that because numbers like trading volume have changed significantly. What, maybe, could work are HFT strategies implementing a mix of insurance Mathematics and Ergodic theory which is a bit like trying to beat roulette at the casino but this takes a LOT of work and time.
Cross exchange arbitrage can end up being a huge problem because sometimes coins are locked for deposit and withdrawal and then people will pump them usually. Unexpected exchange behaviour in general is a problem. And I haven't even started to talk about all the numbers like fake volume that a lot of exchanges are displaying (like 95% fake volume).

The AI is funny - the more complex your trading strategy becomes, based on the data you feed the bot with, the less it will work in the future. It's because you have the too opposites "General Rule" vs "Specific rule". The more specific a rule is the less it will work in general and the more general a rule is the less it will work in a specific case. So what the Bot wants to find is a (relativly) simple, general rule. A rule like that does not exist. By saying "does not exist" I mean that there is no simple, general rule that would have made you more money than just buying and holding bitcoin (if you analyze all bitcoin trading data on Bitstamp from 2015 until now)

interesting arbitrage seems to have lost its appealing i can remember doing 10% profit with that per day
4483  Bitcoin / Project Development / Re: How cryptocurrencies will take over all current payment systems... on: August 10, 2018, 11:56:33 AM
Crypto currency is unstable and unpredictable. Therefore, if they become a universal medium of exchange, many problems in the economy may arise. And how can you achieve stability? Of course, the state must intervene here. In addition, support from international banks is needed.

"the state"? do you even know what that is?
4484  Bitcoin / Project Development / Re: Research Price Bitcoin Project on: August 10, 2018, 10:52:40 AM
In fact, I have highlighted how the project is an experiment. However, machine learning algorithms can help in short-term trading decisions due to the ability to analyze large amounts of data in fractional seconds. In the long term it is obvious that this can not happen.

the market isnt systematic or periodic, like natural life and death cycles....., bird winter refuge routes, or salmon breeding return wanderings

it cant be described with algortihms...

there are trends, fashions that are temporarily.

Yes, in principle I agree with you, but I would like to try. The project as I pointed out is experimental. It's in an embryonic phase, and right now I'm analyzing the results. The goal is to understand how accurate the proposed value can be.

i think coding an interexchange arbitrage bot is more secure, and more successful than trying to prognose bitcoin

but there are many doing that already
4485  Alternate cryptocurrencies / Altcoin Discussion / Re: thebitcoincore.org (BTCC) is the new bitcoincash.org (BCH) on: August 10, 2018, 10:45:58 AM
With 1TB blocks it seems they have done to Ver what Ver tried to do with Bitcoin but without having the bitcoincash.com domain  Grin

https://hype.codes/coingeekcom-funds-eu36-mln-scale-bch-1-tb-blocks

"CoinGeek.com, the cryptocurrency media outlet and blockchain company, announced on Monday that it is funding of up to 3.6 million Euro to support Terab, an open source initiative that will solve a key technical issue to enable the Bitcoin Cash chain to massively scale to terabyte size blocks and 7 million transactions per second. The Terab project will be managed by Lokad, the French quantitative supply chain technology provider, and will receive technical support from nChain, the blockchain research & development specialist."

Does that mean we can start calling BTCC the real BCH Bitcoin Cash as long as Ver keeps calling Bitcoin Cash the real Bitcoin?

jes you are right,

BTCC is the true BCH

and BCH is the true BTC

sooner or later this will wreck the entire cryptoindustry and the decentral pow coins

in india people sold BTG as BTC to farmers, and run away with it people are abusing the confusion, in the end there will be no trust left anymore, and no one will wont it.

the opposition against state legislation has its consequences no way you can now corrupt the system to fight it
4486  Bitcoin / Project Development / Re: Research Price Bitcoin Project on: August 10, 2018, 10:30:56 AM
In fact, I have highlighted how the project is an experiment. However, machine learning algorithms can help in short-term trading decisions due to the ability to analyze large amounts of data in fractional seconds. In the long term it is obvious that this can not happen.

the market isnt systematic or periodic, like natural life and death cycles....., bird winter refuge routes, or salmon breeding return wanderings

it cant be described with algortihms...

there are trends, fashions that are temporarily.
4487  Economy / Services / Re: Startup looking for partners. on: August 10, 2018, 10:17:23 AM
Hello, I am the founder of Divistock LLC, a startup that aims to become the business hub of blockchain. I want to create a blockchain, platform, exchange and application for the tokenization of real-world securities and assets using legally binding smart contracts as well as things such as smart contract loans, etc. The project has a small community, and basically just me working on it right now (very early stage) but I am working out some partnerships at this time. I am looking for business partners that can bring all sorts of value to the startup. This can include but not be limited to: startup funding, blockchain/smart contract programming skill, attorneys/legal help (especially in corporate law and with securities), marketing/community cultivation, etc.

If interested you can join the Divistock discord, email me, or reply to this thread.

https://discord.gg/5wv3atv

contact@divistock.com

www.divistock.com (read whitepaper)


worldwide legaly binding token?

so you also want to build a global police with your software application that will enforce the legality of those contracts....
4488  Bitcoin / Project Development / Re: Research Price Bitcoin Project on: August 10, 2018, 10:10:15 AM
I am developing a project to research the future value of Bitcoin with artificial intelligence algorithms. The project is experimental and you can see a preview in twitter at the following address: https://twitter.com/themysignal.
What do you think? The algorithm will be optimized ...

The project is now free, in the future it will be the basis of a company. Currently I am looking for resources that are able to participate in the project. Anyone interested?

these are assumption based on

1. limited information

2. based on a made up own forumla

both are factors that make it invalid.

you cant prognose bitcoins worldwide acceptance in the world market
as you neither can do that for the us dollar

regards
4489  Bitcoin / Project Development / Re: Ideas for bitcoin sites that are needed? on: August 09, 2018, 11:42:12 PM
Don't list shitcoins.


what is the ultimate, unbiased definition of a shitcoin?
Those ICOs that just offer money to get listed on a exchange and have no real future, and have no intention to do what they promised.

the last one is the one that can tbe taken the one with have no real future is already somehow biased, as it would imply a certain degree of perfectionism.

we suffered enough from banksters that constantly give power to the big the rich and the estaqblished making live for founders a hell, and for those established a paradise.

no point that we continue doing that now

what you could add here is "coins that are completely inactive, without working website or team not responding updating"
4490  Bitcoin / Project Development / Re: CoinCheckUp.com - Cryptocoin Analysis & Investment Stats on: August 09, 2018, 11:32:39 PM
technical analysis is basically doing decisions based on a small scrab of information and thats just the chart. if the index market would be diversified and these cryptocurrencies huge, it would have some clarity but the smaller the market and the more important an index is the more problematic is such a "technical analysis" maybe you should hide it under a certain button so website looks less messy, because there might be many people that dont care about those and only focus on project team or the product that is supposed to be delivered

technical analysis gets more trustworthy if the market has certain means like stability continuity and basic assets. with high volume, i am doubtful they are trustworthy for small markets. they might even manipulate and influence the market

regards
4491  Bitcoin / Project Development / Re: Ideas for bitcoin sites that are needed? on: August 09, 2018, 11:15:51 PM
Don't list shitcoins.


what is the ultimate, unbiased definition of a shitcoin?
4492  Bitcoin / Legal / Re: Is mining in Venezuela illegal? on: August 09, 2018, 10:38:22 PM
Venezuela is one of the most dangerous places to mine BTC. But mining in crypto currency is legal there; yet some people are doing it illegally and being arrested. Also many people are being arrested on false charge. Mining in Venezuela is cheap because the electricity is cheap there. Though being in a crisis situation; digital currency like BTC is gaining importance.



it is only cheap there because the mining itself is direct abuse of the socialist workers that upkeep the infrastructure there. if they would start charging money for their work the venezuelans would reach levels of poverty never imagined before.


bitcoin and mining, will likely ultimately end every single trace left of socialism in venezuela
4493  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO Rating sites are broken - Solution idea? on: August 09, 2018, 10:16:17 PM
problem is that there are so many ico reviewals and they tend to behave same like wallstreet banksters (enriching the rich)

4494  Bitcoin / Project Development / Re: Ideas for bitcoin sites that are needed? on: August 09, 2018, 09:13:43 PM
Quote
I could easily make an exchange but there are so many already.

Then why not make a better one Wink

Better how?
What can I do that would be better?
I use a few exchanges already and I don't really see anything I could improve on.
I don't really want to make a clone.

You can offer faster processing times, better exchange rates. With your web design experience you can offer a better user experience, a more intuitive user interface.

If you wander around the subject matter aimlessly, you are never going to get anywhere. On the other hand, if you drill down into one specific topic, your expertise will find plenty of play to discover your competitive advantage or unique angle that's better than existing ventures.  That then happens to be your product, or mvp!



TBH, I see your point, but op has made a valid point. I too think the market saturation of exchanges is way too saturated, with the exception of one type of exchange.

Local exchanges (focusing on one specific country market), are actually a great idea. For example, an exchange targeting the Canadian, UK, etc market wouldn't be a bad idea. Just try to stick to a country besides the US (for obvious reasons - It's way too saturated)
there is no real difference between a local and an unlocal exchange if both a trustworthy and have a localisation (langauge)

even browsers nowadays automatically translate languages,

this local exchange idea isnt that great actually i thinkg for that would be enough to create a facebook group

regards


It's basically about targeting a niche market, which is easier to market. Along with the added advantage of having more localized payment methods.

i think with your webdesigner skills you could do much better than such a niche market. although it would work as a facebook plugin for example

nevertheless i woul recommend you to work on a general cryptoeconomy related website or support several icos with your skills i could use someone helping me with webdesign as i am no specialist in that field

regards
4495  Bitcoin / Project Development / Re: Active Mining farm looking for investors. We have electricty at a good rate. on: August 09, 2018, 08:16:27 PM
I'm writing here to let you guys know that we want to host your antminers.
Depending on your volume, the price is negociable. Send me a direct message or write on here so we can talk together about future arrangements!
You just created an account and asking for investors. You do realize that it's hard to trust the account which do not have any activities, any prior trust establishment? Would you deal with someone who are same (newbie and the first post is asking for investor) like you are now?

You might want to add more information to make your claim authentic.

activities arent that important if he would have delivered a more precise price data, and about his personally but he didnt do that either.

so i also dont like this offering.

My name is David F-Dominguez, CEO of Mkitmine Crypto Technologies.

We are registered here on the Quebec website : https://www.registreentreprises.gouv.qc.ca/RQAnonymeGR/GR/GR03/GR03A2_19A_PIU_RechEnt_PC/PageEtatRens.aspx?T1.JetonStatic=cde00c6d-fa35-462d-a30f-93b0c7eb9325&T1.CodeService=S00436

This is our website, but we didn't update it since we started since we don't really use it : Mkitmine.com

Also, the price will vary depending on the number of asics people are prepared to send, it is at the moment at a fix rate of 125 CAD$ per s9i (so 125 CAD$/1350W). The price is negociable.

Furthermore, I am not asking for people to trust me overseas, if someone wants to visit our facilities before putting anything in it, we'd be happy to show them everything.

Keep also in mind that we don't need other's people investment, we already have more than 3 millions from our own money, I just know that some people around the world, and on this website, are currently running farms at a loss because of the price they have to pay for electricity; so if I'm able to reach out to them through my post, we could both profit from it.



you tell investors the price in usd per kwh nothing else


Lol? What else do they need to know? They're paying a fix rate of 125 CAD$. We've been doing this for 2 years, what else should I tell you? Our address? My nephew's name? Do you have asics you need to plug? Yes? Then come talk to me in private or ask the right questions. No? Then shut the fuck up or get the fuck out.

so you dont give information about your electricity supply costs? well no point finding out how sustainable you are then. or how competitive your location is compared with others. however i dont belive in the pow concept. i am just helping you to do the information to the public better.
4496  Bitcoin / Bitcoin Discussion / Re: Bitcoins true Endresult (no exaggeration) on: August 09, 2018, 07:44:19 PM
Your image shows negativity and will create fear among the public. This can never be a future when bitcoin is the mode of transaction. I don't think it will affect much on the society as well rather it will affect the transaction methods and the banks. The world will get better.


of course it will

bitcoin centrism will lead us into a world not rulled by property billionaires but simply by miners billionairs that have a regular supply of capital through their mining facility.

i know this picture doesnt serve propagandistic goals of this forum, but it describes what will happen in the end.
4497  Bitcoin / Legal / Re: Is mining in Venezuela illegal? on: August 09, 2018, 07:34:59 PM
Venezuela is launching its own cryptocurrency called ‘Petro’ which has been banned in USA though. It is backed by the country’s oil and mineral reserve. But mining in Venezuela is illegal since it requires a lot of electricity to mine the government doesn't support mining; they can have better use of their electricity elsewhere.


you mean venezualas thrillionaire and biggest kapitalist in socialist venezuela "maduro" has launched his own currency "Petro" which doesnt even stand in any way for venezuela but for "petroleum" its oil reserves.
4498  Bitcoin / Project Development / Re: Active Mining farm looking for investors. We have electricty at a good rate. on: August 09, 2018, 07:05:36 PM
I'm writing here to let you guys know that we want to host your antminers.
Depending on your volume, the price is negociable. Send me a direct message or write on here so we can talk together about future arrangements!
You just created an account and asking for investors. You do realize that it's hard to trust the account which do not have any activities, any prior trust establishment? Would you deal with someone who are same (newbie and the first post is asking for investor) like you are now?

You might want to add more information to make your claim authentic.

activities arent that important if he would have delivered a more precise price data, and about his personally but he didnt do that either.

so i also dont like this offering.

My name is David F-Dominguez, CEO of Mkitmine Crypto Technologies.

We are registered here on the Quebec website : https://www.registreentreprises.gouv.qc.ca/RQAnonymeGR/GR/GR03/GR03A2_19A_PIU_RechEnt_PC/PageEtatRens.aspx?T1.JetonStatic=cde00c6d-fa35-462d-a30f-93b0c7eb9325&T1.CodeService=S00436

This is our website, but we didn't update it since we started since we don't really use it : Mkitmine.com

Also, the price will vary depending on the number of asics people are prepared to send, it is at the moment at a fix rate of 125 CAD$ per s9i (so 125 CAD$/1350W). The price is negociable.

Furthermore, I am not asking for people to trust me overseas, if someone wants to visit our facilities before putting anything in it, we'd be happy to show them everything.

Keep also in mind that we don't need other's people investment, we already have more than 3 millions from our own money, I just know that some people around the world, and on this website, are currently running farms at a loss because of the price they have to pay for electricity; so if I'm able to reach out to them through my post, we could both profit from it.



you tell investors the price in usd per kwh nothing else
4499  Bitcoin / Project Development / Re: Crypto Fund Looking on: August 09, 2018, 07:04:39 PM
www.estrellafund.com


Looking for interested persons who have history in managing crypto. Interpersonal skills, friendly, networked. Know people who want to engage the investment arena. The idea is to bring as many people into the market as possible. Micro-macro account holders. Create a portfolio management firm. Experience is preferred.

Where ever you are it doesn't matter. Goal is to create a Global fund with regional offices and account managers.

If managing with Estrella you are allowed to keep your positive percentage trade revenue. (2%-3% per trade)

Monthly subscriptions are brought into the company. 50% of those subscriptions are for The Estrella Fund internal portfolio. The other half are planned corporate revenue.

Yearly distribution: 10% net fund profits to portfolio managers based on their activity rate
                            10% returned to investors as a bonus distribution

Apply online: www.estrellafund.com

Include social media profiles and relevant info.

is this a form of ico reviewal consulting service?
4500  Bitcoin / Project Development / Re: Ideas for bitcoin sites that are needed? on: August 09, 2018, 04:52:58 PM
Quote
I could easily make an exchange but there are so many already.

Then why not make a better one Wink

Better how?
What can I do that would be better?
I use a few exchanges already and I don't really see anything I could improve on.
I don't really want to make a clone.

You can offer faster processing times, better exchange rates. With your web design experience you can offer a better user experience, a more intuitive user interface.

If you wander around the subject matter aimlessly, you are never going to get anywhere. On the other hand, if you drill down into one specific topic, your expertise will find plenty of play to discover your competitive advantage or unique angle that's better than existing ventures.  That then happens to be your product, or mvp!



TBH, I see your point, but op has made a valid point. I too think the market saturation of exchanges is way too saturated, with the exception of one type of exchange.

Local exchanges (focusing on one specific country market), are actually a great idea. For example, an exchange targeting the Canadian, UK, etc market wouldn't be a bad idea. Just try to stick to a country besides the US (for obvious reasons - It's way too saturated)
there is no real difference between a local and an unlocal exchange if both a trustworthy and have a localisation (langauge)

even browsers nowadays automatically translate languages,

this local exchange idea isnt that great actually i thinkg for that would be enough to create a facebook group

regards
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