I don't know the burn rate for this project but the team must be sitting on a huge funds now, looking at the recent Bitcoin rally. I believe MGO is quite undervalue and intelligent investor sshould be using people's current anger to his advantage
The price of MGO has very little linkage to the development and marketing budget. A project could be priced at 100x its marketing budget if it has the avenues for revenue growth, but a budget could be spent fruitlessly if there are a lot of competitors in the field getting better coverage. The current price reflects a lot of factors, including the tangible risk of long term failure. |
|
|
|
Hello, developers! I see you have paperwallet here: https://github.com/vertcoin/paperwalletbut when i did download it and open it, I see there is generated private key beginning from "7"!.. I cann't import this private key to my qt-wallet using console command importprivkey "private_key" and I cann't get the compressed compressed private key and compressed address from uncompressed private key, that's beginning from "7" in the section "Wallet Details". I see an error there: "The text you entered is not a valid Private Key! Would you like to use the entered text as a passphrase and create a Private Key using a SHA256 hash of the passphrase? Warning: Choosing a strong passphrase is important to avoid brute force attempts to guess your passphrase and steal your Vertcoins." I have some vertcoins in paperwallet address, and I see it in block explorer, but I cann't get access to this funds now, because incorrect private key format in this paperwallet. Also i used walletgenerator.net, with option Vertcoin: https://walletgenerator.net/?currency=VertcoinThere I can translate uncompressed private key to compressed, but then if I will import compressed private key will I get access to COMPRESSED address, not uncompressed! I think you need to delete paperwallets, set up correctly their source codes, test it and publish again. I have private key but I lost vertcoins and don't know what to do now...  Is it possible to generate a correct format private key from a passphrase which was used in the original paperwallet ? If not, then you will need to use Electrum . The VTC Electrum wallet will accept private keys in both formats, but the qt will not. |
|
|
|
This shitcoin is truly awful, the cancer of this market. The sooner it goes the better. Investors beware!
Dude what? You must be either: A. Not following the developments. B. Trying to badmouth a legit project to buy in at 1 sat. C. Sour because you lost money. The devs are busy every day building a foundation to implement their upcoming network services and file storage functionality. So be nice, don't be a dick, and don't shit all over other people's hard work. dont worry about it. he has 3 posts and they are all just bashing different coins, it is an account purely to FUD. people keep posting ecc is a scam yet none of them have ever posted a reason. its fine. we have the november update coming out soon and it will be pretty clear progress is being made Thanks. Most ppl know FUD when they see it, but its hard to resist an emotional reaction. Certainly important to ignore price for now. ECC distribution has improved, and value will eventually follow development work. As I said before, the key measure of a project is how many coders are working on it, and I know ECC has expanded in that respect. |
|
|
|
What is the need for 'replay protection' if it is gonna use another protocol? I don't get it?
Anyone want to explain what I'm missing?
On a side note: We are gonna see a crap load of forks of BTC imho, why make an ALT from scratch, when you can call it a bitcoin fork for more crypto street cred?
The new way to flood the market with spam/scam/alt coins
I have asked that one several times. No answer. Something not right here. I wouldn't trust this at all. |
|
|
|
The bicoin gold is a fork of bitcoin cash, but no one knows what will happen next date they said. Maybe it is the another altcoin that bitcoin made the price will increase again but no one knows.
BTG is NOT a fork of BCH. It is not a fork (hard-fork) of anything, it's a new blockchain. Bitcoin Gold is not a fork of Bitcoin Cash. If it was, it should not have affected Bitcoin itself because Bitcoin Cash is now running on its own apart from Bitcoin. Anyway, if Bitcoin Gold cannot be considered a hard-fork of Bitcoin, I guess it can still fall within a fork classification. Perhaps a soft fork or a mere copy of Bitcoin. The term fork is misused here. BTG is a separate blockchain, not a fork. It is merely being distributed in proportion to the BTC chain at a snapshot date. Confusion may be caused by another common reference : A Crypto based on the prgram code of a forerunner is sometimes termed a 'fork' of the codebase. |
|
|
|
https://bitcoingold.org/replay-protection-development/Bitcoin Gold Daily Update – Replay Protection fully implemented Nov 1, 2017 | Development In order to ensure the safety of the Bitcoin ecosystem, Bitcoin Gold has implemented full replay protection, an essential feature that protects users’ coins from being spent unintentionally. Bitcoin Gold has just implemented a solution called SIGHASH_FORK_ID replay protection. It is an effective two-way replay protection mechanism that enforces a new algorithm to calculate the hash of a transaction so that all new Bitcoin transactions will be invalid on Bitcoin Gold blockchain and vice versa. This makes replaying transactions impossible. This doesn't make sense to me. How is a replay transaction going to be possible with a fresh blockchain using a different hash function ? Something smells bad here, unless someone can explain properly, in technical terms. |
|
|
|
The bicoin gold is a fork of bitcoin cash, but no one knows what will happen next date they said. Maybe it is the another altcoin that bitcoin made the price will increase again but no one knows.
BTG is NOT a fork of BCH. It is not a fork (hard-fork) of anything, it's a new blockchain. |
|
|
|
Whether or not we like it, this evolutionary process has to happen.
When the monetary system was first set up there was a lot of headaches.
And it took many years to perfect it. And the sharks still ruined it voor all of us. From the shore in the sloot.
Most of us know this in one way or another.
And still they are doing the same thing as the sharks that hold the monetary system hostage.
And basically broke it. All we can do is try to filter out the good coin and leave the rest behind us.
Stay positive in between the frustrations if you can. Don't let it get you down how frustrating it may be.
Agree on that. There have been large numbers of Cryptocurrencies created which are forks of the various codebases. Now the full chain fork and airdrop are being exploited by a potentially unlimited number of projects, most of which will of course turn out to be scams. People with a partial knowledge of crypto will not be able to navigate safely. I think the best advice would be to steer clear of the airdrops, unless you can monitor things full-time, and continually move your coins in order to change private keys. The full hard-forks need no action, unless you intend to sell every single one, and then you would miss out on the one potential winner. |
|
|
|
Hi guys! Pls help me decide: Which coin invest in? I mean VRC or VRM. Thank you!
Have both. Divide funds equally. |
|
|
|
In the short term I'm betting against you but, then, we will see.
Unique circumstances on the horizon.
I am not recommending actually selling or shorting you understand.. just holding as a kind of insurance only. Hopefully won't be needed, and the value of the insurance holding will steadily decline, which in turn will mean that BTC remains safe from some unforseen glitch. |
|
|
|
BCH has seen its peak. Still plenty of buyers, but each pump will have a successively lower high and each dump a lower low. Will take up to a year to drop 75% against BTC, so there is time to get out. So $900 is all time all time high? That is my opinion, yes. There will be a long period of trading in ranges, so the trend will not be easily seen, but it seems most likely it will be slowly down, with lots of nice pumps, giving plenty of chances to get out. We will see , look again in a years time. |
|
|
|
someone test the wallets on the bitcoingold site to claim the BTG ? It is the same moves as by the BCH fork and claiming, right ?
Nope, nothing like it. Totally different. |
|
|
|
BCH has seen its peak. Still plenty of buyers, but each pump will have a successively lower high and each dump a lower low. Will take up to a year to drop 75% against BTC, so there is time to get out. |
|
|
|
I think some guy was calling for 0.2 last night  And some other clown was saying that it was a buy at 76 Moron, do you even know what goes up must come down, that's called a retracement, or correction, get a life, dipshit. He's got a libertarian name but he talks like a Wall St. prick. User here for 3 months, only posting on shitty alt threads and trying to talk up his trades, thinks it will work here in a market that's 100000x the size of his d***. Seems legit. Peasants, eh? My guess is he's shorting on Poloniex, but doesn't even realize how high the chance is that he'll never be able withdraw from that hellhole... You are correct, but he is just a trader. Long and short alternately, and talking his book. You can safely ignore, as he will burn through his capital in a few months and disappear. |
|
|
|
Do you guys actually realize you are talking about bitcash like bitcoin in 2016?
Is it so hard to believe both coins can coexist?
They will coexist of course, but BTC will always have the advantage, and value will tend to leach from BCH to BTC. The differential will fluctuate, but it will widen over the longer term. The only caveat being if something catastrophic befalls BTC. |
|
|
|
I still don't understand if Blockchain.info will support BTG. Anyone with some intel on that?
Of course they won't support it, because of the security risk inherent in giving away all private keys to an unproven software system. You will have to extract your own private key entirely at your own risk in order to particpate in BTG. Blockchain.info is not exposed to that risk by offering support for Bitcoin Gold. As it is, Blockchain.info (the company) is not a custodial third party web wallet. They don't know your private keys. So they wouldn't be "giving away all private keys to an unproven software system"... they would only be allowing users to push signed transactions on the BTG chain in addition to the BTC, BCH and ETH chains. However, I doubt they'll do it. I don't think the hype around Bitcoin Gold can sustain, and there's much less community interest in it (as far as I can tell) vs. Bitcoin Cash. Most people think it's "free money" (to dump for BTC) or they think it's a scam. I guess it's both. Yes .info are not themsleves exposed, but they take their duty of care to users seriously enough to avoid appearing to endorse a potentially risky situation for their customers. The point being that Blockchain can write a routine by which users can claim their coins in a chain fork, but they have to actually take a further step in order to faciltate participation in a new chain which is effectively what BTG is. The term 'Fork' is being used ambiguously to describe both a Chain Hard Fork, and a Fork of the Codebase to start a new chain. |
|
|
|
|
Professional : engaged in a specified activity as one's main paid occupation
So yes, paid. Not implying any particular level of competence.
|
|
|
|
I still don't understand if Blockchain.info will support BTG. Anyone with some intel on that?
Of course they won't support it, because of the security risk inherent in giving away all private keys to an unproven software system. You will have to extract your own private key entirely at your own risk in order to particpate in BTG. |
|
|
|
Whats up Dashers?
Did you know Icey isn't as loyal as we thought? Shockingly he also trolls the bitcoin cash thread. He's been two timing us!
Shouldn't be a surprise. A real professional: Icey is expressing his opinion, trying to warn others about what he feels are poorly constructed projects. The blockchain environment is evolved by just that sort of opinion, and the path ahead is by no means certain. IMO criticisms of Dash are not all justified, but I do think that the governance system and the use of funds makes Dash flabby and unfit to fight against it's competition . |
|
|
|
Nice fake run up today. Trying to show bitcoin cash is strong enough to compete with a potential 2x hardfork. Hope both chains die before the end of the year.
I expect they will, no need to hope. Holding BCH can just be seen as an insurance policy against a major disruption in the main BTC chain. I would not urge anyone to sell, but I do expect it to dwindle to Zero over a period of time. Bloody dream on. Even all the crappy altcoin are above zero. OK, 95% fall then (~0 IMV). |
|
|
|
|
Show Posts
