hi guys. Just 10% of SAFE Coins to the MaidSafeCoin holders is not unfair? I mean, if the marketcap of SAFECOIN not reach 10x the MaidSafeCoin marketcap on the launch all the holders will loose money? thanks
was that a product of how they did the 2nd round product capital raise when they burnt through the initial cash? |
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ETH is way over-valued right now - no doubt about it.
What everyone fails to realize is that the people trying to derail p2p cash systems like Bitcoin's PoW are the people with the most to lose from it - the people who run the Fiat Empire: The illuminati, the CFR, Bilderberg, Freemasons, the Jesuits - whatever the fuck you want to call them - the people who run the IMF and BIS, the Fed and the mega-corps like AXA.
When people like that are fighting Cryptocoins, be aware that they literally have unlimited amounts of fiat to spend on pumping their coins, buying exchanges, buying mining farms (BitFury), and using their massive propaganda machine that spans internet, TV and print media.
I look at Ethereum and I see something with cool ideas, but nothing remarkable has been produced yet. It also has a lot of competition. There's definitely an argument that this run up in price is a pump. That said, investing more money in Bitcoin isn't an option for many when they can't move coins without ridiculous fees.
no the long tail of the market, the consumer, just want something that works..... the so called "Fiat Empire: The illuminati, the CFR, Bilderberg, Freemasons, the Jesuits" dont matter, its all those small transactions and high value like buying a house, balancing the nightly. It seems the flipening is bringing out the uh....fundies out of the wood work. |
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Australia has never not accepted bitcoin, we just were taxing it 10% GST to buy them and then again to sell them so they are fixing that double taxation issue.
The ATO (our tax department) has had guidelines on taxing bitcoins up since 2014
The Australian market is also small potatoes too, there is not many of us and we are pretty slow and conservative to new technology
I think that as Australia is slow to adapt, the fact it has changed the law, is a very big positive and in fact remarkable, it serves as defacto recognition of BTC inmho. |
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"Demise of bitcoin under Eth small blocks" ETH is dead within 12 months.
How? Why? Eth went up 4000% in 6 months, and 40000% in 18 months. There's no denying it's a hype/bubble, but you never know how big they get before they bust. I stopped caring about ETH when the "code is law" was replaced by a hard fork for private financial gains. Clearly many people love centrally controlled value, but that's not what Bitcoin is about. ETH is all about promises, but in reality smart contracts are pipe dreams without applications. I 100% agree with this. Anyone that has actually done some reading will realize that Ethereum is nothing at all like bitcoins where code is law (well put) but in fact the lead developer is law. We already have 1000 currencies like that so why do we need another? No one can dethrone bitcoins because everyone would have to agree to it, which not everyone would. Ethereum is on the verge of passing bitcoins market cap. Does that mean it's a $40billion+ 'company'? What makes them different then any other currency with smart contracts capabilities? What about when bitcoins get smart contracts capabilities? Will storj then hop over to bitcoin smart contracts? Sometimes going with the biggest most hyped up currency will inevitably be your biggest downfall. Thankfully bitcoins are still on track from where I expected them to be. A massive correction is taking place because the price shot up too fast. Everyone knew it was coming. My advice (as usual) is HODL on. There is a solid dev team working on the solution and it will be here August 1st. In the hand scheme of things that's not very far away. because you can hold N+1 ico's on it....of 100M in an hour.... so people are going forgive a few early missteps. |
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So I was interested to look at the market dominance of BTC from coin cap. It appears that on or around March the 10th 2017, when the EFT was rejected, BTC lost is promise of incoming funds, the market was left without a means to capital raise for crypto from legacy fiat. https://www.scribd.com/document/341525335/SEC-Bitcoin-ETF-Rejection#from_embedSECURITIES AND EXCHANGE COMMISSION (Release No. 34-80206; File No. SR-BatsBZX-2016-30) March 10, 2017 Self-Regulatory Organizations; Bats BZX Exchange, Inc.; Order Disapproving a Proposed Rule Change, as Modified by Amendments No. 1 and 2, to BZX Rule 14.11(e)(4), Commodity-Based Trust Shares, to List and Trade Shares Issued by the Winklevoss Bitcoin Trust As it turns out it appears the market did not want to wait, and went to ETH token sales as a defacto capital raising, eft option. This analysis seems to fit the narrative of whats has and is happening  we were kinda looking the wrong way our minds on FIAT not the implications in crypto |
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CNBC have asked for comment but so far Bancor have not replied...... google cnbc bancor, Now bitcoin is crashing along with the drop in technology stocks Your an idiot. $2670 bitcoin is not a crash, it is a f'g miracle compared to the last 3 years. Eth is back to $390 on it's way to $1k. Stfu. your thinking in FIAT terms. in crypto terms BTC is crashing vs market share. ETH is almost at parity or above BTC now in every meaning full metric. The token sales are forcing people to buy eth to partcipate and so turbo charging the whole thing. Bancor to some extent is right, the 1st killer app of ETH/Crypto is the ICO raise. Venture capitalists are basically out of a job now. When eth/crypto goes to 1T~10T, you will be able to raise 500M to 1B from the market on Bancor intedends to the EFT ish system of the internet/crypto. |
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plenty of things go exponential and stay, you know adoption of electricity, phones, railways, reading.....
the guy is a normie who can not wrap thier mind around what crypto is
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So if you sent to the ICO but your transaction did not get in......whats their remedy?
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Just 2 months ago ETH was swinging around $6-$9 but all of a sudden now is above $350, at least when I go to some gaming platforms and online shops I can see Bitcoin accepted here logo but where have I ever seen ETH accepted here? no where, so have fun with your soon to be POS coin or what happened to that? when exactly they are going to make it POS so the ones with the most tokens in hand could earn the most?
sure you can see BTC accepted here but you cant get your transaction into the block. |
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ETH might take the place of BTC in market cap, but BTC is the basis of market confidence, it will never be replaced.
BTC does have one confidence....the protocol is hard to change |
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The time has come faster than we all expected. Bitcoin is about to be kicked from the throne by Ethereum.
What is your view on this? Is there any place left for Bitcoin? All functionality is replaced with Erhereum, we don't need bitcoin anymore.
Have you converted your bitcoin to ethereum yet?
There's no time like the present.
the buy wall on polo for eth is....scary. i think alot of large btc holders who are living in disbelief....which would be a lot of core and miners by the looks of it. they are probably now being forced to sell into eth for BTC, as they cannot resits or risk missing out and being massively reduced in value. the flipping is obviously on and its going to go through, powered by an endless number of tokens |
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yeah 1000$ volume. head in sand much |
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Ethereum now is like bitcoin back in 2013. A huge speculation bubble is going to burst and some people are going to cry  Anyway the crypto world is full of speculators who are waiting for such bubbles. $340 is still far away from $2600.  We have 21 million coins, they have uncapped ~100mil or roughly 5x so 340x5 and your looking at 1700 Eth is still a scam though, nothing rises 4000%+ that isn't in a crazy speculative bubble But then the music stops, they're won't be enough chairs for everyone so make sure you get one and don't be too greedy because the crash will happen faster than you can react to it... Mark my words "nothing rises 4000%+ that isn't in a crazy speculative bubble"....BTC has done way more than that. uh, no, no it did not.... it used to be $1 for 1400 BTC on first listing so it gone up what 1000,000 times plus which is 200,000,000% or something so no. , |
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it looks like this summer ethereum might pass it up.
can you tell me what the problem with bitcoin is?
It can't scale, it's too slow to be a currency even when the blockchain isn't congested, too factional. Segwit isn't even a longterm solution and asic mining means centralization. Bitcoin doesn't do what it was intended to do after 9 years, imagine what problems there will be in 9 more? I'd like to see an asic proof coin become top. your beloved ethereum that you are advertising here: - has worst scaling issues that bitcoin does
Yes but there will be solutions that will be adopted. That's the difference |
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i dont think it matters anymore, the important thing is the dev failed to happen in a timely manner.
In tech that is death. It has allowed ETH and some alts to take the crown or at least undercut the once though unassailable position of BTC
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Bitcoin was supposed to free people from fiat money slavery.
How many of us are now slaves to intense greed, expecting easy money, etc?
Most people cannot use BTC for moderate amounts of value since the fees are way too high, but the Bull marches on, and on.
Are you enjoying the crazy Bitcoin price rise? Does it feel "different" compared to the previous big moves?
greed is good its not easy money you had to take the time to understand btc, get into it, safely keep it, hodl, and be ingnored or told your wrong, diversify in to alts, set up secure systems. Yeah no, not that easy. |
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ETH will fall to $10 after bitcoin scales (maybe 1st Aug)
but why would u go back to btc even if it scales? I mean it tool so long to sort this out and it still does not offer what ETH does. its to far gone now. |
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Ethereum now is like bitcoin back in 2013. A huge speculation bubble is going to burst and some people are going to cry Anyway the crypto world is full of speculators who are waiting for such bubbles. $340 is still far away from $2600. We have 21 million coins, they have uncapped ~100mil or roughly 5x so 340x5 and your looking at 1700 Eth is still a scam though, nothing rises 4000%+ that isn't in a crazy speculative bubble But then the music stops, they're won't be enough chairs for everyone so make sure you get one and don't be too greedy because the crash will happen faster than you can react to it... Mark my words "nothing rises 4000%+ that isn't in a crazy speculative bubble"....BTC has done way more than that. |
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As soon as banks get bored of eth, they will replace it with something else. Bitcoin will keep its place forever. Bitcoin is here since 2009. Eth became famous in last month and it is going to lose its fame even faster than this.
Eth is a bank coin created for Banks. Bitcoin is against banks.
If you want to stay as a slave, go fund eth/jp morgan with your hard earned money.
perfectly said mate, bitcoin is there for almost 10 years now and the popularity already been build so eth is in his prime but after another coin got introduce people attention will be attracted and support new project and eth will be forgotten but bitcoin will still there and will still be use for more crypto people. And the steam engine was there for so many years, nothing could replace that... Oh yes! You guys are funny and without a pint of imagination. You don't get it. If bitcoin loses its position as the most trusted coin, it will a crypto circus. Nobody will take any crypto seriously again. People invest in bitcoin for long term gains. If they see that their online-gold can fail so easily once, nobody will make long term investments in any crypto ever again. Everything will become a pump and dump freak show. crypto isnt failing if btc is not number 1. Cryto fails if the protocol can be hacked people wathing thier online gold "fail" had plenty of time to get out and make larger profits. Eg buy ETH. Alts force you to diversify. |
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