How long is crypto will survive in this world ?
What could kill Crypto?
The best answer is none know about that, how long and the crypto currency itself can determine how long it will be survived. The only possible thing could kill crypto is when internet goes down any regulation or regulators can't kill the cryptocurrency and you can mark my word. Crypto is based on the its own network.
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Looks like Ethereum is adopting a Zilliqa light strategy by implementing sharding. I guess that's one of the major problems with new cryptocurrencies when they are based on the ERC-20 standard. Ethereum can simply adopt all of the best features of any cryptocurrency using its ERC-20 standard, hence they can never overtake ETH as the number two coin. Similar to Bitcoin which can just keep forking to keep up with the new generation coins, but it does appear to be quite resistant to forking unlike ETH which undergoes regular protocol upgrades.
Bitcoin fork is really different compared with ethereum fork. In ethereum fork to generate or make another separate blockchain will be minimized and it's not like bitcoin to generate fork and fork anytime. Remember it has raiden network in another side and not only sharding. EIP1011 is on the way and this gonna be the biggest thing in the future.
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Tim Draper: More Secure in Bitcoin Than the Money Sitting in Wells Fargo
Venture capitalist Tim Draper is bullish on Bitcoin and believes it will reach $250,000 in the next four years.
During a debate hosted by Intelligence Squared and the Adam Smith Society, Tim Draper was asked how Bitcoin compared with his previous tech investments in Hotmail, Skype, and Tesla. He replied bullishly, saying, “Bitcoin will be bigger than all three combined.” However, Draper didn’t leave it at that — he thinks it will be bigger than the iron age, the Renaissance, and the internet and says that the nascent technology will affect the entire world in a faster and more prevalent way than ever imagined.
The Debate: “Bitcoin is more than a bubble and here to stay.” Backed up by Patrick Byrne (CEO of overstock), Draper took on Financial Times journalist, Gillian Tett, and Professor of Law, Eric Posner, both of whom argued that Bitcoin is indeed a bubble and strongly contested Draper’s claims. Posner and Tett called into question the “strengths” of Bitcoin, arguing that they could be regarded as weaknesses. Posner suggested that the pseudonymization of identity enabled by the technology makes Bitcoin transactions the perfect vehicle for sophisticated criminal transactions. Tett focused on the risk involved with trusting computers with finance as they can be hacked, are prone to faults, and that Bitcoin is a “terrible store of value.”
These arguments won’t be anything new to anyone who has studied the space, and the rebuttals of Draper and Byrne won’t come as a surprise either. The pair acknowledged that Bitcoin was imperfect and drew attention to the fact the technology was designed to be open source so that unforeseen problems can be managed by the community. Byrne also pointed out that although Bitcoin has been “hacked at” more than anything in history, but unlike banks, it has yet to be defeated.
Draper was more brazen in his responses and implored the crowd to use fiat if they were looking to facilitate their own criminal activity as many Bitcoin criminals get caught. The venture capitalist responded to Tett’s admission that she invests in several different fiat currencies by saying, “I’m so much more secure in my Bitcoin than I am in the money that’s sitting there in Wells Fargo.”
Who is right? The short answer is it’s far too early to tell, but it is good to see the subject being discussed in this manner. Before the debate, Gillian Tett remarked that if both sides of an argument aren’t heard in the same room, on the same day, then the conversations can “go past one another.” It’s probably safe to say she’s right here because, although there is no shortage of media on either side of the argument, real debate on the subject can be difficult to find.
If crypto is going to head down the road Draper expects, its advocates need to be able to argue their case outside of the crypto community, and debate should be welcome as it not only gives both sides the ability to speak but also the ability to listen.
Draper’s comments are to be expected As crypto enthusiasts, it’s easy to agree when figures like Draper sing the praises of Bitcoin, but we shouldn’t let confirmation bias get in the way of the issues. Draper is a successful investor, and he hasn’t arrived there without making mistakes. He could be wholly right, wrong, or somewhere in between — the latter is most likely. Draper allegedly owns 30,000 BTC, so he has a vested interest in Bitcoin’s success. That does not mean he is wrong, but it does mean his comments should be taken with a pinch of salt. Well-reasoned arguments are far more convincing than hype and chest beating because they allow people to make up their own minds.
The emergence of DLT might eclipse the impact of other innovations, but for now, the emphasis is not on critics to prove the crypto community wrong. It’s up to those who champion DLT to convince the world they’re right.
Originally published at cryptodisrupt.com
Crypto is a bearer instrument, you own your own value store as an individual, yes you are exposed to market forces, but overall you own it with a 24 word list. Crypto is safer in that sense, it cannot be discarded, taxed or taken from you at all. Do proceed with caution, I am not saying that all your money should be in crypto, but from the perspective above, it holds true. The problem is crypto was pegged with centralized exchange which will be so easily regulated and manipulated by the regulators by issuing strict regulation. It can be taxed right now and how some countries have already applied that regulation even to the users platform itself. Crypto is only the best as the value store for us.
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Icodrops.com is good for checking into ratings, pre-sales, bounty, hype rate and return on investment rating.
That's the only good place ever I seen. The voting based on the community's choice. A lot of people are doing various research to the candidates of listing in the icodrop. I don't see any other icorate or list site can compete with this one. With more than 30k members on telegram and that's really huge.
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Hello can I ask you what does this mean?
iExec RLC iExec RLC (RLC)
1.56 USD (2.95%) 0.00016669 BTC (-2.50%) 0.00222689 ETH (-6.45%)
As you can see, the price of Iexec, is +2.95% if compared to $ (dollar)
But compared to bitcoin is -2.50%
Compared to Eth is -6,45%
What does this mean?
1) RLC is doing better than Btc and Eth
2) RLC is doing a bad performance, if compared to bitcoin and ethereum
3) Bitcoin and ethereum are rising more than RLC
What that percentages do they mean?
The only correct thing ethereum and bitcoin were doing better than RLC. RLC looks lost on its bitcoin and ethereum value that means there is an increase to the both of the major coins that gives a lot of impact to the price of RLC into the various pair. I guess the number 3 is the correct answer about that.
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Hey what do you think, can scenario of January repeat? I mean can everything suddenly fall again?
No, it can't. Please the chart and never worry when it comes to the little correction. Look at the current pattern and it really looks different with what will be happened in January. A little correction mean if the crypto is no enough to break the barrier to reach the next pit stop at the top. Be patience and it will be back again very soon.
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I guess this is why he deserver it, vitalik is so smart because he was thinking in so many solution to the ethereum network and not only one. EIP1011 becomes a real proof that the ethereum will be very close move into the POS casper blockchain combined with sharding and plasma. This is something huge i suppose.
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how to protect your wallet myetherwallet.com 1. BE sure that you are accessing the right URL. Don't trust Google/Bing ads on search results. 2. Use it only with EAL or MetaMask or Cryptonite. I prefer MetaMask 3. Never access it with private key, because copy/paste data can be easily scrambled. I guess you are missing some important things, never try to access any suspicious site using the computer that has used to store our privatekey ( To avoid the possibility of malware and keylogger) It may better if we can do offline MEW rather than use online MEW, remember DNS problem and it's very useful.
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Hey Guys
With the update for Electroneum coming on May 30th I think it is going to pump after that. All of their partners will come on board and I am so excited to be holding this coin. What do you think it'll be worth in June. I think at least 10 cents!
In my opinion it looks like that won't give any impact to the price of ETN. ETN is about the inflation, honestly we don't need such mobile mining right now. Partners don't mean a lot to the price until there will be something big related to the development progress. I have expected the stable price.
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Yes it is normal,as you can see most of the investors are dumping the supply,added by some bounty hunters that causes a lot of problems to the token's value.That is why i am going to dump these coins after these people dumped their tokens so that i could maximize the profits ,you should be having some grace period when you are going to take profits with the ICO tokens.
It should take the more time to go, I was holding some coins and I haven't sold them all because there were so many thing need to be considered just like so many bounty hunters were still in awaiting list to dump their coin. I just take more time until the price will be recovered again.
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Myetherwallet Users Report Missing Funds. On April 24, scores of Myetherwallet users began to report suspicious activity when trying to access the web-based ethereum interface. As the web’s most popular client-side ethereum wallet, MEW is widely used for sending money to crowdsales, buying Cryptokitties, and conducting many more day-to-day transactions that involve sending ether or ERC20 tokens. The platform does not hold user funds, but like all websites it is still at risk of being hacked by having its DNS servers taken over, exposing the data of anyone who interacts with the service. Shortly after rumors began to circulate, MEW issued a tweet to confirm their veracity: https://news.bitcoin.com/myetherwallet-servers-are-hijacked-in-dns-attack/This is not only happening with myetherwallet, I remember that some icos have even gotten this problem. Basically the hacker is redirecting the users to the fake site. Remember this is only giving an impact for those are using google DNS. I guess just try to change your DNS and I have never used it and i'm still safe right now.
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90% myself, 10% from various groups
give yourself your own judgment, the decisions of others do not guide you
Makes your way dude. I don't take any other support from the various party and what? It caused by the majority of them are suggesting non-sense thing and shilling for those coins. Create your portfolio with your analysis. Never try to believe someone else, or he will fool you.
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Current price:
Bitcoin: $9,271.27
Bitcoin Cash: $1,533.55
Effectively anybody who invested in Bitcoin Cash around a week ago would have doubled their investment but they would have had a ROI of 14% for Bitcoin.
Now there is a big surprise. I always link Bitcoin Cash with whales and crypto-exchanges that wanted to destroy Bitcoin so have no interest in buying Bitcoin Cash as I do not agree with the way it was created and I do not agree with the whales behind it but right now the question is what is pushing people towards investing in BCH?
Lol it seems like you don't even know about the true story behind it. The whales and exchanges are spreading lies to the bitcoin supporter to destroy the real bitcoin. The fact that they are using bitcoin cash to destroy bitcoin and that's why there is a big demand for the bitcoin cash. otherwise, they are all having very big interest to buy bitcoin cash. They are thinking bitcoin cash solved the scalability problem of bitcoin.
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It seems to me that the market will soon fall. The price can not rise constantly without correction. These are the laws of the market.
These are my thoughts.Let's see what happens in the coming days. You should see the old chart of crypto when the marketcap of cryptocurrency has reached its ATH. It's almost there's not correction (only a little one) then it gets a big increase again and this will be very similar to such situation when people keeping their FOMO to the crypto right now.
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Avoiding the KYC procedure when investing through "dark" pools is for you a plus (provides anonymity and saves time) or a minus (more risks, harm for ICO, illegal status)? We don't know about the reputable of the dark pool. It's just like you are using 3rd party service to join in the ico through use the identity that has already provided by the dark pool. it seems more risky compared with join in the ico directly by use our own identification to pass kyc. But if it can be trusted and have very good credibility and why not?
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Are you part of this project mate. I do not understand why you have promoting this project to says advertising medium has been changed with the help of blockchain integration. I see their website and found that still a ICO project in the market. They have states that algebraix empower the individuals to handle data of advertising platform and can make the money out of it. I am not sure they expect their platform users to make the money with their tokens ICO. If yes how it is completely helpful for the forum. No I'm not, just a fan of them. the way they work is that they're a permission-based advertising platform. Users download the app and get paid to watch ads while keeping their data private. they currently have a SAFT going on and their beta is out atm. You keep what you earn. I know some platforms are working similar solution to the algebraix but my question is how effective that method to pay the users to watch the app. I don't think that will become another fail but in my opinion it less effective to make people to watch the app and get paid. At least if those are not feeling familiar with the platform and it will be so difficult for newcomers to adopt it.
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I just recently got some tron and when I went to withdraw it to a wallet, I go to their site and there is a message up saying they will be moving away from ERC20 addresses and using addresses on trx in june. So I was wondering is it possible for me to still safely store my tron on myetherwallet until June? I don't want to lose the coins?
THanks
It's still safely and you just need to be patience waiting for the swap instruction from the tron. It looks like tron will try to use its own coin after june and I guess you should stay on the tron social discussion group and then waiting for the next news soon will be released by the developer of tron. Don't worry you will be fine.
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I once hold a coin and suddenly the coin that is almost $1 dump to less than $0.01 to me I move on but to some people which are newbies this can discourage them from participating in crytocurrency and make them conclude it is fraud and that brought me to a question how do you think pump and dump group are damaging crypto-currency and it's reputation??
Because they are controlling and manipulating the market. They can do whatever they want with the market because they have a lot of funds to manipulated the market. Some people arguing about that they are luring newcomers to FOMO the coin and they bought at high price and then the pump group was dumping it again.
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I also joined bounty campaigns in FIANCIA. At first it was all great, the community is growing steadily and healthy. Until, they ask for that 0.1 ETH as part of their KYC program so that they can pay us the bounty due to us. That is where I confirmed ti all, the scam behind the program. Such a shame. Don't ever give them anything, that is a scam.
I heard about it too. The bounty must pay 0.1 ETH to be registered on the bounty campaign and that's obviously a money grabber project. They are putting very strict to the KYC program and that makes a lot of bounty participants can't pass the KYC. It's a big shame and it's a scam project. Stay away from there.
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