AdEx (ADX) stood out to me recently.

Their deal with NEO and their low market cap was appealing. The thought of ADX market cap reaching even a tenth of NEOs was a nice thought in my head.......
Seem to have a rather large and solid team.
Good idea if they can make it work.

Oh and it seems like there is accumulation going on at Bittrex. Lot's of it. First two steps formed. Rather get in now than chase it.

If you could build any crypto/blockchain project that you could imagine - what would you build?

What problems would you solve with distributed ledgers, smart contracts, and decentralized money?

Assume you can commit full time, have all the funds you need, and top talent.

Getting eager!

So it's pretty clear that if the developer is creating fake accounts and routing a vast majority of the airdrop coins to himself - that would be bad. Scam.
If the dev goes through the process of getting the coin listed on an exchange and dumps all his coins and never develops the project in any way. Scam.
Or if the dev says he is giving away coins to a signature campaign but somehow conveniently skips a whole bunch of people and keeps the coins. Scam.

Or even worse a combination of the three!

Although in neither case does anyone lose any money since the coins were free. But if time = money.... well shit!
Unless you happen to sell before hell breaks loose. Ahhh the games we play here!

Would be cool if someone wrote an algo that could asses scamminess. Quantify it and put it in graphical form based on amount of negative posts and who is posting them.

I want to be clear -- "scam" is thrown around towards every project these days and I think it's massively overused. We are grownups and know that not all these projects are what they appear. That is the nature of the industry and part of the risk we take. No different than investing in traditional stocks as well.

I would be a bit more pissed though if I bought into an ICO and the price dropped 80 percent within weeks. As compared to a free distribution model that went wrong.
It's weird though because that happens to some degree in the stock market when IPOs open and then start trading for half or less than their IPO price. This has happened to many major companies over the years.

One issue I have seen recently with some of the "crypto tweeters" though is they often just use giveaways to get more followers and clicking like on 10,000 posts. Some are OG but many are not so be careful who you believe on Twitter. Some ask for money to be part of their "group" which I think is ... well -- not cool. Cherry pick twitter people.

These forums are pretty key - if you can sort through all the crap posts that pile up sometimes

And of course some of the major online crypto publications - but they do often have agendas that you must keep on top of.

Be smart and think before you act on "news"!

So the general consensus is that giving away coins is a fair method of distribution as long as the method is honest and transparent.

Pretty straight forward. You can't have a "scam" as they say.... without someone losing funds to some kind of trickery.
Some people seem to have an unusual definition of "scam" though so... there is always that.

It still seems that PoW distribution is still the most respected. Even with some premine for development and giveaways.
And on the other end an ICO distribution seems to be the most likely to end in the "Scam" accusation.

I know this all seems obvious to many. I am just checking the climate....

And on this note I have posed a question :

https://bitcointalk.org/index.php?topic=2073146.0

Let me know your thoughts.
If the persons receiving the freely distributed coins are accounted for and not hidden in any way - is it possible to be fair in that case?

I just posed the question:

https://bitcointalk.org/index.php?topic=2073146.0

Let me know your thoughts

Do you think it's possible to give away a vast majority of a coin and not have it be labeled a "scam"?

Can a coin distribution be by giveaway to devs/supporters/promoters/users and then run on a PoS algo - and still be considered a serious project?
The coin would NOT be given away to a large group just because they asked for them in this scenario. So an "airdrop" distribution may not be totally accurate term.

Instead of doing an ICO or PoW distribution. This would be a way of launching a blockchain project without any "coin sale" or traditional mining. Value would only be realized if the coins started trading for more than their cost of zero. Those participating would only see gains if they believed in the project and held their coins till value is realized from such trading. The coins would also theoretically have value at some point based on their utility within the system being built - once said system is functioning.

Luckily for me I think it was the day after I signed up!

Floor was hit on BCH I think.

I think there is more than enough room in the market for both coins. BCH and BTC just rose together today.
Don't be surprised to see that trend continue.

Poloniex should not be afraid to list the BCH market and release coins at the same time. BCH should be fine even with additional coins as most people probably had them in wallets anyways.

Not in support of BCH ideals per se .. but just from a market perspective.

Honestly... I'd like to see some new non-ICO coins come out and get listed on the major exchanges. I think the ICO craze is going to lead to a lot of coins that depreciate right out of the gate.

Old school PoS or PoW coins without ICO always start at zero value. Giving people the chance to buy in early and at a very low (or no) cost at all.

Doesn't everyone miss that???!

Just use both exchanges. I have almost zero worries about funds on either. But best to split between them and also coinbase.. kraken... gemini.

The problem with Bittrex is they don't have trading tiers. Let's just say my fees at Bittrex would be vastly higher.
I will try to talk to them about this.

On Polo's downtime :

I think that they are very very careful about security on their backend. Due to this they don't have things running in a more advanced fashion as some other sites. They use older code (for lack of a better term). Safer but exposes them to downtime. This increases safety of our funds but creates downtime issues with database quirks and what not. I think they might have to make the jump and give in to a more advanced backend.

The other downtime issue is the DDoS attacks. Which there is not much they can do about in some cases other than mitigate.
Expect DDoS against Bittrex as they grow. This is nothing new at all.

Polo has been running pretty well for me today.

Yes the stress can be crushing also... forgot that one.
But if you are successful it's worth it. You can take breaks and leave the market for extended periods if you have a good run.

Yes. Fact.

It's no cakewalk. You must be aware of the prices of your coins 24/7 when actively trading. Something can go wrong in just minutes.

Expect 5000 hours before becoming skilled.
Expect 10000 hours before becoming expert.

You can lose almost everything in the early times. Even more than once.
Start small but full time. If you are destined to be good at it you will know because you will stop making big mistakes and your long term (measured over months) gains will start being more than your losses.

gl...

Don't be so sure what BCH will do long term... Someone is buying it all. Why???

Reminds me of ETC. Which went up 10 fold or more.

It was already possible to take $100 and make $1M or more over the last few years.
And you have to KEEP that. That is the hard part. After big rises there are large drops and you don't know when they come so easily.

But it won't be as easy now. So starting with 10k would be more likely to be successful at that goal. True.

I would NOT say "should" lol..... I would say "might with great skill".

No I would rather be able to withdraw ASAP first.

Trading at Polo for BCH would be nice but nothing is more important than me being able to have access to my coins ASAP to do with as I please even if the network is unstable. Others are selling at 300...500 ... 800 dollars so far.

So as long as I can withdraw I am cool with just that alone for now.

I will say --- I am pondering holding BCH for long term as well. Since they cost me nothing at all there is nothing to lose for me.
I have a weird feeling this is part of a plan that some very big market movers are behind. And I would not be surprised to see BTC and BCH to go up at the same time.

Remains to be seen. I'll follow it minute to minute as I always do. And decide to dump or hold.....
Can always buy back as well if the game changes.

Nope. Polo always comes through for me for 3.5 years almost now. But I would love for some people to leave Polo so things can be more balanced. They were overloaded with people and now it's good to see Bittrex getting some more users. Expect Bittrex to have issues as they grow as well.

I cannot name a single exchange that has not had some connection issues, withdrawal issues, or support issues.

Never keep everything in one place regardless.
Balance between many.

Kraken - Coinbase - Gemini
Poloniex - Bittrex

These are trusted exchanges. Not like non-US exchanges of the past. And not exchanges run by a criminal like Cryptsy was.

Those are the most trusted places as of now.

I am pretty sure they will credit people's Bitcoin Cash.
The question is mainly - "When?".

The answer probably has to do with waiting for the BCH blockchain to start moving at 6 blocks per hour.
They did make a statement saying they will credit it if the chain is secure.