So, just when did banks acquire the right to tell us where and how to spend our money? I can buy all manor of illegal things with a credit card but I can't buy legal Bitcoin? This is unbelievable. I can make a cash advance that I can't pay back but I can't buy Bitcoin? Smaller insults have started wars and revolutions. PS: I don't use credit cards to buy crypto and neither should you but, I'M not saying you can't, just that you shouldn't...
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hi ratflat & welcome; PoS was turned off with the last release
THIS IS WRONG. PoS was NOT turned off and it NEVER will be. People need to be staking in order for the block chain to move forward Are there any current rewards for POS? Last I read, all the ECC was mined/staked. Is there any incentive to keep the wallets running? Yes. Even though the max coin count has been reached, POS will still provide rewards for leaving your wallet open with Staking turned ON. Rewards will be small until network traffic builds up but, we need everyone to select staking "ON" in their wallets. Thanks!
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Dnotes,
With BTC dropping fast, what kind of uplifting advice can you give the new people (doing this for the first time) wanting to hurry and get out? I know you are putting together training for the stay at home parents (Cryptomoms) who want to invest in crypto and all i'm hearing is I will never do that because of what we are seeing today. It could rebound and we all know this, but is something like this part of your training in the new Dnotes 2.0?
How about this: You haven't lost anything until you sell. Really. What goes down comes back up in this market, only a matter of time. This dip has happened every January since at least 2014. Lots of forces making it seem worse this year, it's the "FFF" factor; "Futures, FUD & Fools" Hang in there...
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Have you guys tried Coinexchange.io?
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hi ratflat & welcome; PoS was turned off with the last release
If there's no POW nore POS what keeps the network secure? What is the incentive to keep a node running I believe that staking is still providing a reward, only to the extent that transfers provide fees (which are burnt). Maybe there is no need for greater incentives anymore, whilst growth and development are ongoing. The movement of speculative money may ensure that the network remains active enough. This is one of the only POS coins to have reached its max-coins limit. Open wallets keep the network running . Nobody knows what will happen, could still fail, but an interesting experiment. NXT & ARDOR also reached max-coins (instantly on launch), that network uses forging of fees to generate blocks which keep the network secure. If nobody in the ECC network is staking who's the generator of the next block? Basically the same for ECC. "Staking" is now providing small rewards while it keeps the network healthy. Users should leave "staking" turned on in their wallets to keep the net secure and verify blocks. This will provide a small amount of ECC to the user as a reward. Not much now since this depends on the activity level of the network but, will grow as activity ramps up. So keep your wallets "staking"
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I would tend to agree on this but, only at the current time, and only with certain cryptos. A digital replacement for fiat CAN be stable if thats what we really want. I think too much emphasis is placed on the "Holy Grail" of stability. In fiat, be it paper, coin or electronic, yes, stability is needed and desired for a 100 dollar bill to represent a steady and constant value so it's buying power remains more or less constant as it is a physical thing that cannot be physically altered to represent different values, the proof is in what you can exchange it for . But, due to inflation and all the other forces that push and pull on the money supply, stability is not really attainable, if you rob Peter you have to pay Paul, it's a wash somewhere. In digital there could be an instant price to payment ratio that could be adjusted on the fly. I would argue that a digital representation of value does not need to remain so stable since the conversion rates and actual value can change without the whole issue of a physical "dollar" always saying "I represent one dollar" In a truly electronic world with a digital money supply, value can be allowed to change and those assigning the value need to be much more attentive to inflation/deflation or, the code can handle it without human intervention depending on volume and circulation among other factors. That's a whole conversation right there: Do we let crypto maintain its on value via supply and demand or, do we control it if it is being used in the global market in everyday transactions? Imagine this: You go to the super market and your looking to get some steaks for dinner. Some are priced at 3 DNotes a pound and some are priced at 5 DNotes a pound. There both look exactly the same and are both the same cuts. Without any input from you, your wallet brings up a quick overview of each. You see that the 5 NOTE steak has been grass fed, free ranged and contains 1/3 less hidden fat and no preservatives in the packaging and comes from a local farm. The other, not so much! Not hard to spend the other 2 NOTE but hold on, your wallet tells you the value of NOTE is trending upward and predicts that if you wait for ten to fifteen minutes you will save 20 percent on your purchase. You go about your other shopping and come back later, pick up your steak, scan it with your wallet and head home. I believe bankers like the woman in the article and others in the Banking & Financial industries are so set in their "physical" ways they can't really see what is possible with "virtual" or crypto even though it's right there in front of them every day. They refuse to open their minds for various reasons crypto far outpaces physical including pride, ignorance, self interest and the belief that there could never be a way to transact and store value that is better than what they have known all their lives. Some speak without ever taking the time to learn about their "adversary" as they would call crypto, some speak with authority but without knowledge and some just speak because they have been told to do so. But, I am convinced that most of these detractors have been told to speak against Bitcoin and don't have much choice if they want to continue in their industry. As sad this is this, when their industry finally realizes what crypto can really do for finance, those same people that bashed it on behalf of their handlers will be out of a job. It's a shame really, some of crypto's most vocal detractors are brillant people who just cant bring themselves to the realization that what they have been supporting all their lives may possibly be coming to an end and, actually SHOULD come to an end. The world is place of constant change. Everything here, even the very bedrock itself, is constantly changing and being reborn. Money is not immune to this natural process and neither are we. PS: There are also those who have honed their skills of theft and deception that don't want to relearn in a different medium, learn to spot them and ignore them, their in the news quite a bit!
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so cloak still not going 100$ I thought with all the recent news we would be at least on 30-50$. Hope that the market will go green again in February We were at $35 before the ENTIRE market tanked, don't worry about it...
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Copied from SLACK I just voted for ECC on Cobinhood. Anyone who wants this coin to reach the stratosphere just has to do the following. 1. Go to the following link https://cobinhood.canny.io/exchange/p/ecc-coin-listing. 2. Click Register in the top right. 3. Click the e-mail icon. 4. Put in your email (can be one you don't even use regularly as no activation required). 5. Click the 'Up' arrow beside the words "ECC Coin Listing". 6. You're done. Thank you for all your help. We need everyone in this slack to do this.
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Weiss' rating should be taken with precaution. And definitely shouldn't be considered as BUY/HOLD indicator. It seems it's merely statistics based data, focused on a short period of time. Otherwise, how could it be explained that rating? Obviously not taking into consideration the fact that EMC2 was one of the top gainers in 2017. Instead, it's focused only on price drop during few weeks around New year. Not taking into consideration current development (Crowdfunding platform, Web wallet, Social network platform, Weeee, Mobile wallet, API, upcoming hard fork -algo change, the partnership with ATW tech (Voxtel), possible Maxeler, etc.) and hard-working team...
The way I see it, this rating shows EMC2 is heavily undervalued at the moment.
Never believe ratings if you have to pay for the report.
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Every morning I check the price of EMC2 and laugh. I remember when it was over $2. Now it's $0.5 and sinking like Titanic.
Wondering that why you check emc2 price every morning? Because that's what Trolls do...
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Anyone give a quick overview on the state of the project?
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So weissratings have decided to also do cryptocurrencies now. https://weisscryptocurrencyratings.com/Bitcoin is rated C+ overall. I can certainly understand that sort of rating given it's made up of a variety of things which include stuff like risk, volatility etc. I REALLY don't get how they then turn around and give etherium a B and some "coins" that are nothing more than pipe dreams or ETH tokens, a higher rating. But there's only a handful of those and the rest are "real" coins. Anyway, I just wanted to highlight that Cloak is on the list as well which is nice to see with an overall rating of C-. Most coins were rated between C- and C+. Interesting but, I am always skeptical of "unbiased" reports where money has to change hands before you can read it. Basically worthless...
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I really question the whole "World Leaders" part of that statement. They may be seen as "leaders" but I see most of these people as "chair warmers". Regulation is only good if you truly understand what you are regulating. I don't see that from these people at all, I see fear and that is dangerous. We as a group, as crypto users and leaders, need to constantly push our message on why crypto is not a threat to these people if they embrace it. On the other hand, if they fight it, it will only go underground and become a weapon, and an unstoppable one at that.
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v2.0.0.0-g32a928e
Is this the correct version # for the new QT wallet? Downloaded it from the website, looks like the one I had installed.
Well for Windows there was one minor update to icons and splash screen and things. Although the build should be the same. You have a screenshot? I'm good, thanks, found the correct one, purple screen, v2.0.0.1-g32a928e 2018. Looks nice...
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v2.0.0.0-g32a928e
Is this the correct version # for the new QT wallet? Downloaded it from the website, looks like the one I had installed.
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i think now good idea is to sell cloakcoin and buy litecoin
You do that cuteflower and let us know how it turns out...
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this is a SCAM!
You are the scam!
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Getting this error in ARDOR wallet on startup:
"Cannot connect to proxy... No openAPI peers found."
Ideas?
By default API proxy is enabled ( nxt.enable APIProxy= true ) in config file. Disable proxy by setting nxt.enable APIProxy=false . This setting is more secure and prevents from error you see. But this is exclusively for full node. Thanks!
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Getting this error in ARDOR wallet on startup:
"Cannot connect to proxy... No openAPI peers found."
Ideas?
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Going by the number of posts today I am wondering if investors have hung themselves
Investors are fine, newbies might not be... This happens every year.
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