Eth is pretty much getting hammered right now, I expect it to go down to 200 USD. It's not ETH's fault, it;s just these cowboy speculators that trade on Coinsbase or other centralized exchages. They can easily swap coins back and forth into fiat, while we the true ETH holders who have out ETH outside exchanges, take the hits. Fkin fiat traders  that coin deserve to dump, until any improvment. right now, im stuck on transfering ETH , 21hr, still not finished, 31000 confirmations .. Wouaw, and you want that to moon ?lol Thats why the update is comming to fix that deleys right? what you guys think will happen to ETH price in the long run? If they fix it, then I can see 100 billion by the end of the year. But right now I am bearish on ETH. It's a good project but the TX capacity and the bloated software code really needs to be fixed. This turing complete idea has to be abandoned and we should strive for sandboxed smart contracts. Sort of like a decentralized and sandboxed smart contract platform should be the new motto, not this turing complete nonsense. |
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Sincere Proof-of-work distribution does not present this problem. I explained why in my posts. Of course it does, mining could be considered unlicensed business. Running a full node could be considered aiding moneylaunderers, etc.. You do realize that the law is so complex and insane that they can essentially nitpick any single point and ban the whole thing. It's up to people to resist this. People have to realize that the law is not a fixed thing. The opinion of judges and prosecutors vary depending on the political envionment. Parliament members then have to react to this and rework the laws. I have explained very well in an older post of mine, that if you really think about it, everything is illegal. It's just that the State doesn't have a cop for everyone to put in jail everyone, otherwise everyone would be in jail already: https://steemit.com/law/@profitgenerator/if-everything-were-illegalOf course you can't put everyone in jail, since it's logistically impossible, thus you end up with concentration camps. This is the endgame of tyranny. People didn't resisted Hitler and we know what happened then unfortunately. It's all bullshit, and it totally depends on what people put up with or not. And it's pretty hard to put down a decentralized community. Thus this time the law will reflect the opinions of the public, and not the other way around. You can already see this how politicians everywhere are "legalizing" cryptocurrency. They just can't put up with it. Those who must do scammy and illegal things, will not successfully reform the government.
If there is no victim , there is no crime. Who exactly is the victim here? Because the voting revenue model sucks and is dominated by whales. And because the audience is tiny. The hen-egg problem is a serious problem.
The app revenue and onboarding model is one the main facets where my project to replace Steem, will excel over Steem. So you really think that whales will not submit to public pressure? I mean if a big youtuber comes with a 500,000 audience over to Steemit, don't you think that is a lot of social capital to put pressure on whales with? Ostracism and public shaming is the only way to keep order in a free and voluntary society. So if you have free speech, you can fight back against uneqal opponents if either you have big influence or band together with others. We already have Russia, China, Singapore, Hong Kong, South Korea, Canada, UK, and USA warning about further enforcement coming against ICOs. They all caved in for FATCA as well.
Ok I am not goin to argue with you laws, since I am not familiar with them. But I do believe the BRICS and the ASEAN countries have their own agenda. It looks to me like a giant capital control system. China banned CNY trading since they have horrible capital controls already in place. They all look for their own interests. But there is erosion of power since Steem is mostly inflationary and % power is directly funneled from early holders to authors or new investors. Most early holders with big balances don't post since they are afraid that their account will get hacked so they probably dont login often. I havent saw many big whales posting, but only curating. Thus money over time is directly funneled from early holders to authors. Then you also have new investors who buy Steem, and due to the pressure, you have the whales selling Steem. So I doubt an oligarchy will form in Steem. It's too dynamic, and there is no Government to impose a monopoly. Usually most oligarchies form due to Govt regulations. |
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Eth is pretty much getting hammered right now, I expect it to go down to 200 USD. It's not ETH's fault, it;s just these cowboy speculators that trade on Coinsbase or other centralized exchages. They can easily swap coins back and forth into fiat, while we the true ETH holders who have out ETH outside exchanges, take the hits. Fkin fiat traders |
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All cryptocurrencies are technically illegal or in gray area because in most countries the legal tender has monopoly. And you have KYC/AML regulations that crypto's don't respect. But so what all crypto users take this responsibility. Any early technology has legal risks. It's that law that is wrong, the law has to change. But by now governments have became so big and monstrous that it is time for people to push back against it. So reforming the legal system is a priority, people are getting tired of bank bail-ins, social security ponzi schemes and stagnating wages, while the supposed boogeyman are some punks who might not respect KYC regulations properly. Tell me which one is a bigger problem for society? My ”eyeballing it” guess is the actual economic population of Steem is some where in the range of a couple 1000 at best. Which is irrelevant unless it is growing fast and making some fundamental paradigmatic shift of great significance. Big youtubers could join any time now. They are getting hammered on Youtube revenues. Steemit is a complimentary revenue for any blogger. Why not use it? And he is very likely in massive trouble with the law in the future, especially with EOS. I believe they don;t accept US citizens in the ICO sale. Most regulatory problems come from the US. The rest of the world is more relaxed. This is just the beginning of the natural power vacuum of centralized paradigms.
Watch it either disintegrate or taken over by an oligarchy. Not with the delegation system. Many newbies could band together to mount a collective defense against an out of control whale. It makes things more equal. |
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Now etherdelta.github.io is redirecting to etherdelta.com
We already have establish that etherdelta.com is trustworthy.
But the main goal to be in github domain was for security reasons! Why change now?
Probably because github can be mispelled to gitnub like that scam site took advantage of that. Most people are lazy and they don't bookmark the good website, they go into google and search it up, and google gives out tons of fake websites: https://steemit.com/cryptocurrency/@originate/scam-alert-be-on-the-lookout-for-etherdelta-fake-phishing-sitesSo Etherdelta.com is shorter and much easier to remember and less likely to misspell it. |
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Show the the exact quote I don't remember saying that.
Pff I am not going to look that up lol. You said it basically at every dip. Fuck that crap-generator. AMP is going up for sure but you invest on these fucking shills' advise at the risk of your life. Just tune them out. They are trolls but exist to talk things up. Nothing they say can be accepted at face value. Oh yea, is that why my portfolio is up > 100% YTD. 
The project is no more. KIA or MIA. It turned out to be a Chrome plugin. Very unfortunate.
Does MIA mean that they have just released the latest update to the software 4 days ago? https://twitter.com/Synereo/status/905438407635083264
You guys are shameless trolls that have nothing better to do than just spread fear and lies in this thread. Go buy yourself a pacifier and suck on it if you have nothing better to do |
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What is the best place to stay up to date about this situation? BCT? Twitter of EtherDelta?
Quite hmmm annoying (?) to make such changes in these times without 'properly'.
Would be nice to see a new legit version of EtherDelta where you can actually trade the first order you click on instead of trying 100 before you find one which is still there.
The subreddit looks like the fastest way to get good info, together with the twitter page: https://twitter.com/etherboosthttps://www.reddit.com/r/EtherDelta/ |
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Glad to hear that.
However that sudden twitter announcement with a photo that looks very much photoshopped
was highly unprofessional !
It would have been much better to give some proof that it is legit @ etherdelta.com / a link to a video explanation for instance.
There is video explanation: https://twitter.com/etherdelta/status/906189977754722304Don't use etherdelta is the best choice to avoid getting scammed by phising link. Thats why i never use this shit lag exchange.
Hey chill down, it's not Etherdelta's fault that these phishing scams are happening. There are phishing scams for almost every major exchange or gambling website, constantly. |
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Once you get some kind of Steem based gambling website, you bet that will help.
There are already several Steem-based gambling websites (or games built on Steem/Steemit itself). How will this change with more websites? How does Steem-based gambling add value relative to other crypto gambling, especially BTC (and maybe ETH) with far more liquidity, recognition and user base Gambling in crypto is like a huge vacuum cleaner that sucks in value into that currency. The house always wins, and gambling websites have little costs compared to how much money they hold and bring in. The only real expense for a gambling site is if it gets hacked or if it's an inside job and the owner disappears with the funds. But if this doesn't happen, and it shouldn't as people demand now more transparency. Then a gambling environment for Steem would mean that the value that is brough in would offset the inflation rate. So Steem would become from an inflationary to a deflationary currency. |
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Yet I was writing about those who are joining Steem and not about s/w devs who work predominantly for Westerners.
Eventually India will be a huge market, but go to App Annie and study where the revenue on apps comes from. India is huge on downloads, but irrelevant on sales. 10 years from now, it will begin to shift significantly enough to matter.
....
Okay so there are 2 strategies: * You get few rich people to sign up * You get many poor people to sign up In the end the total sum in either cases should be equal. If you get 1 westerner with 10,000$ to invest in Steem, might be like getting 1000 poor Indians to invest 10$. And it can be just as hard to find a person with 10k than to get 1000 people. So it's kind of the same from a marketing perspective. Tangentially, there is a huge and growing demand (in the form of excess supply of cash) which is outstripping the supply of private equity, so providing a viable alternative to ICOs is critically needed. 2nd layer stuff is just now coming out. Ethereum ICO's are only the beginning. Wait until BTC smart contract systems come out, that will be the real deal. 70-80 billion $ eager for some big profits. Either way it looks like the smart contract stuff is the future of private equities. Apparently I didn’t convey clearly the stated point that the app ecosystem is driven by a profit model (and one better than Steem’s debasement via voting model). As for donations, I was only intending to refer to those self-selected core devs who have every incentive to see their baby conquer the world, so they will behind the scenes talk to the whales and make sure there are donations paid in public to give the illusion that they are working in a decentralized ecosystem. They may even be donating to themselves to fool the securities regulators, but who can prove that and besides the app ecosystem would presumably be highly competitive if there is significant profit to be made. There is some conflict now between the whales and it might be bad for Steem that such high profile people are in a fight right now. But we will see what will happen. Daniel Larimer was never really ideologically focused on changing the world. His focus is much more pragmatic. The way I understood it is that he finished his mission at Steem anyway. He made the root of the blockchain for Steem. And he said in a recent interview that Steem is pretty much ready now, it only needs GUI design from now on for Steemit. The blockchain is mature enough. And he actually wanted to create a scaleable multifunctional blockchain which he could only do via an ETH ICO, thus he made EOS. I think the ETH ICO is only for fundraising the EOS blockchain will be kind of independent the way I understood it. Nontheless it's an interesting project and I don't blame him for leaving, he already did a lot to help Steem. And Steem might need more engineering in the future, but if Dan wants to work on a "bigger project", it's his choice. I haven't invested in EOS yet just to make that clear, but I might later once the situation gets more clear. |
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Profit thanks for reply that nice, this helps.
They have stolen alone today more than 1,000,000 USD worth crypto I expect, this gives hope that there will be may a huge investigation.
Hopefully this guy(s) did mistakes a left traces to find them.
I wrote a piece about this: https://steemit.com/ethereum/@profitgenerator/etherdelta-new-websiteI am shocked how quick things happen here, I usually check things every 2-3 days, and it looks like there was quite a nervous night yesterday with all these phishing crap popping out out of nowhere. Looks like some of the situation is explained by the dev here to figure out what happened exactly yesterday: https://youtu.be/ubk4wUP95cc |
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If quantum tech becomes the reality, I expect all technology to radically change.
Things will have to move and migrate with the times.
You say its not an issue for bitcoin? but you don't have any bitcoin! because I just got your key/login/whatever with my quantum computer and now its drained.
No I was referring to it that it's not a retroactive issue. BTC can implement Schorr signature or whatever its called which is quantum resistant. At which point you just send your BTC to a new address and it's over. Whereas in Monero if Monero will get upgraded to a QC resistant algo, you will send your money to a new address. The problem however is that the entire blockchain up to that point will be deanonymized. So Monero doesn't provide forward-anonymity. I see what you are saying, and that looks like the case, at this time - but again - least of our worries. Chances are QC will cause such a shit storm everywhere else, that it just won't matter, or, there will be sufficient notice to deal with it. The fact that it is being proactively examined is reassuring. Let's burn our bridges as we get to them, no need to get ahead of ourselves. Yes I see, thanks for honest answer. I am trying to write an objective article about Monero vs Dash, and whereas I get good answers for Monero questions. I usually get hostility, namecalling, and troll posts in the Dash community. I try to remain objective but I already see the level of maturity difference between the 2 communities. |
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You were saying that AMP could only go up when it was at 20.000 SATOSHI !!!! Do you have any clue how much people got burned when they listened to you at that point ?
Show the the exact quote I don't remember saying that. What I said mostly is that AMP will be a longterm success in my opinion, and I still believe this, regardless of the price. The price should sort itself out once more people join, and it's growing rapidly already.
You are not able to assess without emotions. In 4 years they only delivered a browser plugin. That's not the amazing achievement you are making it seem. That's quite poor performance. The only reason that I am still focusing on this project is because I give them the benefit of the doubt due to the whole Greg affair. But purely on results until now they have been a true dissapointment. I am capable of seeing that despite being invested in a coin or not. You aren't. When you buy, you are emotionally attached and even if they deliver a piece of shit, you will still talk about it like it is gold mined from an asteroid.
Again more insults, more character attacks, and trying to discredit the project. Your trollish tactics are obvious. The 4 year experience, is neither a good or a bad thing, it can be viewed from different perspectives. You look at is as if trying and failing is a bad thing, but I view it as good. If you have 4 years of experience that only means that you become better and better over time at something. Now I don't know exactly about thsi Rchain fiasco, and how it does relate to the current projects of Synereo, but it's really time to move on here, this happened more than 6 months ago, and it has no impact on the present performance anymore. What counts now is how popular Wildspark will get in the next 3-4 months, and how much more new features will be released. And here we have good news: https://twitter.com/Synereo/status/905438407635083264 |
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You said so many times "I think the price can only go up from here". Man, those that listened to you are cursing now that they did.
I have talked about a lot of coins, and my portfolio is up YTD so everyone who followed my investments are in profit right now. Regarding AMP, well everyone who bought AMP should have known ahead that this will be a long ride. A social media app is not born in 1 day, Rome wasn't built in 1 day either. It takes time for the network effect to kick in, right now the Downloads are growing in the Chrome store, given my estimations we can easily see 1 million users in 1 year. Furthermore more developments are on the way, patience is always rewarded, it will be a joyride. |
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Hi there, this was a horrible day, even I work in IT it happened I clicked a phishing site instead EtherDelta (normaly I use only the saved link, but lucky for the hacker ED did not worked this morning) I lost ~ 250 PPT and around 8000USD, I bought from my last Ether(there where in another exchange) 500 new PPT. I had golden hands with my shorttime tradings but this is all lost. Lucky my long time PPT holdings where somewhere else and I never tough them. Trading times are now over for me, let PPT grow. Take care that you not do the same mistake.  Crap sorry for your loss. I just got home after taking my wife to lunch, and see everywhere claims about etherdelta phishing stuff. I ot scared at first what the hell was going on. I see people complaining everywhere that some phishing campaign happened on Google searches. Tons of phishing sites popped up like these: https://www.reddit.com/r/EtherDelta/comments/6ysu15/whats_out_fake_etherdelta_sites_thru_google_ads/Then that GITNUB bitch got even a HTTPS certificate. So beware, not even the HTTPS lock icon in your address bar can indicate a trustworthy website. Hackers are clever now and they buy HTTPS certificates now to setup their scam phishing sites. The only way really is to use bookmarks only and tripple check the link before bookmarking. |
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If quantum tech becomes the reality, I expect all technology to radically change.
Things will have to move and migrate with the times.
You say its not an issue for bitcoin? but you don't have any bitcoin! because I just got your key/login/whatever with my quantum computer and now its drained.
No I was referring to it that it's not a retroactive issue. BTC can implement Schorr signature or whatever its called which is quantum resistant. At which point you just send your BTC to a new address and it's over. Whereas in Monero if Monero will get upgraded to a QC resistant algo, you will send your money to a new address. The problem however is that the entire blockchain up to that point will be deanonymized. So Monero doesn't provide forward-anonymity. |
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Now you can hand out free AMPs on a centralized platform (youtube). You literally solve nothing with that. Youtube can close down channels and then you will not be able to AMP them. Real value from AMP would come from providing a decentralized platform for content and then AMPing them. They are still lightyears away from that.
You know there is Dtube right? Wildspark can easily add support for that too. But to my knowledge Youtube didn't banned people yet, they just demonetized their channel. So it's not like a giant conspiracy against video makers to shut them down. It's just greed. Youtube is just purely greedy, they don't want content creators to make money, so they cut their funding or slash out a big chunk of it. This is where Wildspark comes into play. Once Wildspark is unleashed, nobody will ever have to use Adsense again. It has very draconian terms and conditions anyway. Crash. PBOC bans Renminbi/Crypto conversions.
That only applies to ETH. How do you mean ? You can't convert fiat to ETH but you can to BTC ? That would be a weird decision. I thought you were talking about the Chinese ICO ban. Did they ban CNY transactions too? Well, who cares. The Chinese are smart and have been evading capital controls for years now. They will find a way to get around that.
Stop flaming people who disagree with you and have arguments (not FUD as you claim). You are the troll in this discussion when you just say this project is great without any evidence of that. Demand is shrinking, price is going down, but you seem emotionally binding to this project more and more. You should have heard our arguments.
I have provided tons of evidence in my past posts why I think Synereo has a great future. Also wrote countless posts about it on my blog. It's you guys who are spreading fear and uncertainty by constantly saying that AMP is somehow a scam, but provide no evidence whatsoever. |
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Its obvious that you gotta buy when people say you should sell.
I buy immediately after known trolls like: DefendKebab
cchub
Diego24Come out of nowhere and start spreading FUD in this thread. They are working really hard to bring down the price. But the price is like a rubber band, it might rise back up a lot really quickly. We pretty much hit the support zone, I think the price can only go up from here, despite the best efforts of these trolls on their FUD campaign.
Sadly enough, I have to agree with you.
Sadly? You agree with him? Of course you agree with him, you are both trolls that spend all their day trolling in this thread. |
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