A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?

Moving between sia/storj to/from burst is not easy. A good gpu&ssd would speed things a lot but you'll still lose money while your gpu is busy with plotting.

I would rather mine burst even if its not profitable. If this goes as i predicted, burst will get pumped hard in the future. Because when a coin gets too crowded by miners it just makes more sense to buy it rather than mining it. I'll take that gamble and keep mining burst. The decision has been made when i began this adventure. It wasn't storj or sia i liked. (btw as far as i know HDD mining is not even available for sia. They mine with GPU's. I don't know the details but I don't think having a lot of HDD's would help.) It was burst. I prefer to collect my profits weekly (or daily, depends on the plot size) rather than collecting them monthly like storj offers. If I ever start to get my mining rewards longer than monthly basis, only then i may move to storj.

1. "Losers focus on winners," seems apt as LN is continually delayed and IOTA will solve scaling and fees within the next year if Dom's goal of 100-1000ctps is reached. What's funny is how no one notices that the uptick in FUD corresponds with the IOTA's release of more user friendly wallets (ask yourself why the article writer didn't wait for Trinity if he was intent on achieving his stated goal?). The obvious reason for these last minute attacks is that, even when the use case is limited to P2P (which isn't what IOTA is focused on), the benefits will be obvious: fast and feeless. Unless you trap IOTA in a bottle and stall development to the present, which marketing can't do (though a few idiots will drag old articles out like a nagging wife who argues from the past), IOTA will prove the best solution to the issues in cryptoland (scaling, fees, microtransactions). Add exchanges (exchange module) to the mix and you have a perfect storm of upgraded usability. But as long as people continue to blindly follow authority, they will stay on the sidelines and watch the flippening hoping that their masters are correct and the genie can be put back in the bottle.



2. True--just like until the day Bitcoin figures out how to prevent mining centralization. With IOTA it looks possible, with BTC not so much.

3. Huh? My point was that Fluffy had as big a failure of foresight as the IOTA Devs--there's no future outcome to consider. Both events happened.

4. Off-topic shilling, don't be surprised if it's removed. Also goes to my point on attacking projects for your own potential gain.  

 

Fast and excellent customer support is one of my highest requirements, because I have dealt with Coinbase and their shitty

support. High degree of security is my highest priority, because I have also been a victim of an exchange that got hacked.

The other requirements is also important, but these two are not negotiable. Some exchanges are just bad and should be

avoided at all cost. 

I think you are right! many of the airdrop hunters have not enough start capital for investing in cryptocurrency or ICOs. so they have to play this bad game

If you're talking about the Segwit2x scam, you can see a list of markets here.

Yes, there are no ASICs, the the hightened network activity was probably due to people looking for other mining alternatives when the ETH minig craze began, and GPU's were incredibly overpriced.

Developer updates :
https://www.burstcoin.ist/

There is a weekly update on Sundays. Really good reads

hello pinkflower,

I think that the BitConnect ICO happened before any of these sites launched (I'm sure for all except ICORating, maybe this one already existed back then).

I can't imagine that any of the sites would have given BitConnect a good rating though... they didn't even have a public team! These days, I believe an ICO like BitConnect wouldn't even be successful.

To me, it was always pretty clear that BitConnect is a big ponzi scheme, and it going down surprised me less than the fact it worked for so long.

Things wrong with this post

1. Appeal to authority

2. Bitcoin is centralized, so Todd should look to his own house--note he also shit on Monero in its early stages and has since changed his tune. Nor should we forget that he has vested interest.

3. Monero community memebers were the ones who put IOTA in front of me (thank you). Also, Fluffy, should apply the same logic to early "No GUI" Monero as it had no fool proof security and mere difficultness kept noobs away so they couldn't harm themselves--same applies for early Bitcoin as it had no seed generator--can't recall if Monero had a seed generator in it's CLI days, but that doesn't negate the fact it was unusable for most speculators). What's missing here is the acknowledgement that the wallet and network are secure and no testnet was needed. Sure, only offering a GUI would have alienated noobs and kept them away, but the IOTA Devs stated very clearly that they weren't going to make the wallet foolproof and that it would only be barebones--I guess some speculators failed to grasp that this meant, "Be your own bank." Even better was there was no plan to release a wallet at all, but the community was so adamant about getting one that Devs gave in--this is a case of it being better if they had never listened to the community as the Dev's instinct to never take on the hassle of any wallet development was correct.

Of course we can play backseat dev after the results are known--where were all these concerns before it happend? Oddly, I can't find a warning from anyone? It's like no one could have forseen noobs trusting their seeds with random dudes on the internet. Pretty sure no one has really examined the Dunning Kruger level of the average crypto speculator--if they did, they'd probably pull all the money from the market and wait for a healthy correction as we sort out the projects that actually can achieve their aims from vaporware and legacy coins that hang their hat on network effects while bringing nothing useful to the table.

4. Hyping Burst at the end--way to show what you are all about, Concern Troll.