What you guys think whats going on in crypto currencies if we fall in revolution and economic downturn ?
Espeschially te Bitcoin and other altcoins and good projects. Im little bit scared this revolutinary crap !
What is show up next ?
Well if I understand your post correctly the beauty of crypto is that it is not controlled by governments or banks so if in a time of revolution or financial crisis nobody can lock your funds. If your FIAT funds in your bank are not accessible to you, your crypto can hopefully help. If you need to buy goods and if the seller is willing to trade you can use your crypto. This is what BTC was initially designed to do. |
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Are there any coins which are deleted as the time passes so as to decrease the supply and increase its value?
Also i would like to know about coins which have less circulation supply than btc and are less in value.
Absolutely there are coins which will be lost, forgotten, destroyed and abandoned. Because we are dealing with a digital entity a number of things can happen particularly human related. Forgetting wallet passwords and sending coins to different token addresses are the two most frequent occurances for unusable coins and decreasing coin amounts. Other factors like discarding old hardware while forgetting there is crypto stored on it has happened in the past particularly when BTC was valued at a couple of $'s Hardware failure is another one but not a big factor but does happen. Abandonment is another possibility. Personally I have some crypto on exchanges with nominal amounts still in wallets and it is not economically viable to retrieve them and possibly will never be possible because of the fees involved but all these small values amount to something. |
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OK - lets run with the cancer analogy.
Every living person creates thousands of cancerous cells every day, fortunately we have an immune system which attacks them, and kills them so that we stay healthy. We are diagnosed as having "cancer" when the malformed cells start to overload our bodies, and a wekened immune system cannot cope with them. All these so called cancer cures are destructive. They work on killing the cancer cells, but they also kill the beneficial cells, and weaken the immune system. At the same time, they increase the profits of the pharma companies so that they can develop products to weaken otherwise healthy people. Nobody has been cured of cancer, but some have managed to restore their immune systems by ending their poisoning by the "cures".
Now lets look at Bitcoin. The cancer in our society is the banking system, and the increase in debt resulting from zero or negative interest rates. Bitcoin has shown us the way to escape from this unhealthy slavery, and to restore our financial immune systems. There are many people who have, and are, creating alternative and additional remedies. Some of these are fraudulent, and some are useless, but several of them have obvious benefits and are here to stay.
In summary, Bitcoin ( and some other cryptos) will not die as long as there are nodes communicating, and people who perceive value in the transactions, and they realise the storage of wealth provided by good coins.
BOOM - end of conversation The OP is comparing a real life working technology and a useable product - something which is a fantasy. BTC has a limited supply -Cancer-pill if/when invented and has eventually a value of close to zero will have unlimited supply From the mister money link: "Well, shit. I’ve been watching this situation for a few years,
and assuming it would just blow over so we wouldn’t have to
talk about it here in this place where we are supposed to be
busy improving our lives."Ah if only http://www.mrmoneymustache.com had seen the potential of BTC and blockchain he might well have improved his life. Looks like he might be bitter because the content of the article is very much in line with the title Why Bitcoin is Stupid |
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I am pretty active on Bitcointalk's Steemit topic ( https://bitcointalk.org/index.php?topic=1466593.0) and I have been a Steemian for around a year now. Ask me anything about it. I will help you. As for the latest updates, there aren't many. Just one that Steem was recently listed on Binance. I'll be waiting for your questions! Founders of new very hype project Fusion was heading company Bitse, that made a business incubator for QTUM project  Proof https://t.me/FUSIONFoundation/66771Bitse was a incubation company for blockchains. Bitse incubated Vechain that Sunny (the COO of Bitse) took over, they also incubated Qtum (Wich Patrick took over), and now the CEO (DJ Qian) is creating Fusion
Thanks for the posts above but I was aware of these points.Ill give this a shot. This is my own analysis and not from the thread.
IOTA is dangerous due to low liquidity and will not break out of the current price slump until volume increases. Why?
Last 24 hour volume is ~$40 million USD worth of IOTA trading. On a market cap of $5.2B the liquidity ratio is only 0.007%. Just like stocks, low volume assets are subject to market manipulation when small volume can be manipulated by large holders by working the Bid Ask spread.
As a comparison, all of the top 20 market cap coins have a larger volume in USD terms (or any currency for that matter). This is a given for the larger coins as the market cap comes with larger volumes although Stellar is similar in ratio. In addition the volume in USD of all of the top 20 coins is larger than IOTA. This includes much smaller by market volume coins like Bitcoin Gold with volume at $4.2 million on market cap half of IOTA. The 20th ranked coin VeCoin has a market cap of $2B with volume over $50 million. Over twice the volume ratio or twice as liquid.
Why is volume important?
Volume allows a coin to move. Less volume means large swings in bid ask move the coins value. In other words large investors can manipulate the price much easier. If bad news were to hit sellers will chew through buy orders and drive the price down. The opposite for good news.
What does low volume indicate?
Large institutional ownership which has a vested interest in not selling. Low interest in trading a coin both for buying and selling. In the case of IOTA we really do not know why the low volume. As recent as December volume crossed $2 billion/24 hours during the run up. Volume can help track or help indicate future direction of crypto coins. Typically volume decreases on dips and increases in run-ups. Use the volume of IOTA pick buys/sells.
To put all this in pespepctive Litecoin typically leads all of the top 10 coins in liquidity usually around ~5% per day trading hands. ATM Litecoin is showing nearly $9B market cap with $488 million trading volume. For the top coins 2% is a healthy number. Look for IOTA to move up only when liquidity crosses the 2% ratio of volume 24 hours/marketcap.
I did not post links but all numbers can be verified on coinmarketcap. I track these numbers daily to spot trends. I am not a fan of IOTA because of the low volume. Too risky for me.
Thanks for the detailed info, plenty of detail and something everyone should
[and probably already do] take into consideration when creating points on
whether or not to invest in a particular token or project.
While the info detailed above is not positive for a potential investor it is
important all the same. 1 merit awarded.Steem
Steem is a cryptocurrency used to power the platform Steemit - an incentivized blockchain social media platform.
Users create and curate content on Steemit just like other social news platforms (e.g. Reddit, Hacker News) and get rewarded in Steem for their work.
Steem, another advanced money made to boost the utilization of Steemit, another examination in web-based social networking, has detonated in the previous couple of days, taking third place after Ethereum, with a present market top of more than $200 million, yet would this be able to really work or is it only a craze?
Source :https://www.weusecoins.com/what-is-steem/
Thanks hashcoinusa for taking the time to post but this is general info
on the workings of steem, something I am aware of. |
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form filled
Username: aoluain
Rank: Sr. Member
Posts: 1159
Eth add: 0x94eb52b30d8e06e4307e3b08837d5a9c81299756
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Brilliant thanks for the info. 1 merit awarded |
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Very interesting, thanks for the links. 'As long as they don’t mislead the public about the nature of their partnership the way they did with Microsoft of course.' 1 merit awarded |
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I am pretty active on Bitcointalk's Steemit topic ( https://bitcointalk.org/index.php?topic=1466593.0) and I have been a Steemian for around a year now. Ask me anything about it. I will help you. As for the latest updates, there aren't many. Just one that Steem was recently listed on Binance. I'll be waiting for your questions! Tell me of the latest developments |
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How about activity token project? if you can't mine the coins you have mentioned, you might as well buy my activity token, every time I put some sell orders on Waves decentralized exchange, my orders would get canceled the next time I'd login to my Waves wallet.
I don't have any whitepaper for my token, because people already know everything there is to it, Bitcoin killer, much better and faster and cheaper, it will change the(my) world.
You just buy them, I will do the rest and would tell you that my tokens are fee-less. on paper, they all are really something, you have to invest on every token, coin. there is no useless coin in crypto, they are just selling you the future of crypto currencies cheap, nobody would ask them, why are you selling them? why don't you keep them for yourself?
I'm keeping my tokens for myself, they are the future right? a man has got to eat right?
Why would you sell 100 Million coins for $0.01 each and then *deving them into something worth $1 to make others rich? you could *dev them and then sell them for $1.
Sorry, this is not relevant Hey, Information about steemit: I joined Steemit July 2017. My Profile Link: https://steemit.com/@roy92Steemit is a social network and content rewards platform that makes the crowd the beneficiaries of the attention economy. It does this be rewarding users with STEEM. So this means, if you creat content, it can get upvotet by others. The more SteemPower you have, the stronger is your Upvote. But tbh, only the whales are getting bigger, because they upvote theyr own posts, so theyr posts are on the mainpage and only the posts of the whales are visible. And Steem is the name of the Blockchain, Steemit is the front end. There are other frontend applications, running on the Steem Blockchain, like Dtube. Oh and SteemBackedDollars (SBD) are a "stable" trading utility coin. SBD was considered to stay stable in the range of 0.9-1.1 USD. But it is enflated to high. It is currently on 3.3 $/SBD. If you have more questions, feel free to ask me here or PM me. Btw i need 10 Merit to reach Member rank  Thanks for taking an interest in the thread and thanks for the info but its general information which can be found on their ANN post. You are welcome to post further info.But only 1 merit will be awarded to 1 person regardless on the number of posts they make. This is something i posted in one of the Cappasity yesterday According to the Cappasity Blog they have collaborated in some way with the Alibaba team for implementing the Alibaba cloud platform to reach the China market. Im not sure how far the partnership goes other than alibaba renting their cloud platform, but it is positive and an impressive name to be associated with. Here is the blog link https://blog.artoken.io/cappasity-platform-launch-in-china-99a2be8dfe73and the quote from that "We utilize Google Cloud Platform for users from all over the world, except China where from now on we will be using Alibaba Cloud Platform." 1 merit awarded, thanks for the info! |
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*PLEASE READ THIS POST IN FULL There are a number of projects [below] I am interested in and have yet to pull the trigger and invest in. Some of the newer projects have generated so much attention that the threads are numerous and some are quite big so i feel that unless I am keeping up to date it is easy to fall behind, and difficult to catch up while keeping tabs on my existing portfolio. So I have 12 sMerit to spend for information about the following: Qtum - 0 merit remaining
Capp - 0 merit remaining
Iota - 1 merit's remaining
Steem - 0 merit's remainingETC - 0 merits remainingCriteria: I'm looking for relevant and up to date info, im not looking for info taken from the first page of an ANN thread, I can read that myself. I am looking for information and links and verified technical info to back it up. Reward: 3 merit's per project [above] 1 merit per person Conditions: I will not be answering questions about why I did or did not reward particular posts, I will be rewarding on what interests me or persuades me to finally invest in the above. Here is the original merit announcement thread > https://bitcointalk.org/index.php?topic=2818350.0;topicseenand a quote from theymos from that thread: "While we will not be directly moderating this, I encourage people to give merit to posts that are objectively high-quality, not just posts that you agree with." |
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Thanks for the input guys.
Something to consider as LtMotioN states, Bitcoin and crypto are
being constantly judged by their fiat value and market cap but
its the underlying real world revelance and adoption which are the
important factors if it is to carry into the future.
I dont know anything about "programmable streaming money" though.
Another factor I totally overlook on a daily basis is the possibility
to earn rewards particularly if you have a skill.
In my case I have completed a few Graphic Design jobs and received
payment in Crypto, isnt that a perfect example of Satoshi's creation?
Peer-to-Peer payment, no banks or middlemen involved
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@ Alexander_Z, that is a great story.
I hope this thread can be a place where everyone from Newbies to Sr.Members
can discover some historical experiences others have had and learn not to
let the current state of crypto turn people away but instead to keep faith.
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What i care about when it comes to SIA is the project itself
and how it will be developed, implemented and adopted by
people not speculating on its FIAT value.
We have a working project in SIA in time as it is developed,
implemented and adopted that is what will add value.
So far there has been good developments, im sure there will
be errors made or things some people dissagree with but
long term it will all work out. . .
Thats why I added to my SIA holding today
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In these current times of FUD, doom and gloom and manipulation I am
creating this thread to invite seasoned forum members along to post
record their positivity for others to read and take inspiration from.
There are a lot of members here with many years experience, who have
seen very bleak times in Bitcoin and crypto and as far as i know this
current situation is not the first time Bitcoin has suffered a fall.
It would be nice for us newcomers to hear some real life positivity based
on real life experience and not on some report driven by 'likes and follows'
or manipulation.
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No its not over yet, the fud and hyped up negativity to crypto continues.
There are a lot of people unwilling to check what they read before reacting
just as we have seen with scam ico's and hyip schemes for example, they
Just take everything as gospel and press their buttons.
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Thanks for the heads up.
This is strange that you got this and happen to be a member of the forum.
I wonder how many other members go this Phishing mail?
To date I have never clicked on suspicious mail, even though I suspect today
suspicious mail can be made to look genuine.
at a glance BITCOINTCLK.ORG can look the real deal, just goes to prove how
something simple can catch people out.
Check and re-check before clicking!!
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I think you need to step bck and look at the structure, evolution and limits in Bitcoin.
It was postulated as an anti-banking system, and released into a community that was likely to seize on this, and to expand on the possibilities of freedom from the established banking system. This gives the bankers an insight into the possible problems in the future.
It was capped at 21million coins, and whilst this my seem to be a lot, it is insignificant it the context of world economies.
It has a reasonable degree of anonymity, This means that coins retained or acquired by banks and governments can be concealed
The block generation interval of 10 minutes, and the need for additional confirmations means that the system can never rival banking transfer systems as a volume service.
The password restrictions and wallet storage methods mean that coins will be lost forever durng the lifetime of Bitcoin.
Recent method of price manipulation means that central bankers and other can increase their holdings at minimal cost.
These and various other factors lead me to believe that Bitcoin is an experimental project created by a central banker as a precursor to the release of a major new digital currency.
or that it was created by someone or group who were really hard done by in the 2007/2008 financial crash and who held a serious grudge against the establishment. I dont have any other theories on the Satoshi Nakamoto subject, and I dont ponder too much over it because it has been speculated on, talked about and investigated to death already with no enlightenment. To air other theories again, Satoshi may have passed away already . . . and this from an older BCT thread which is my favourite > https://bitcointalk.org/index.php?topic=2294666.0Haha, that's the million bitcoin question. No one really knows (except Satoshi and maybe those close to him). Anyone claiming to know is just speculating. If you google search or youtube search there are all sorts of theories ranging from him dying to being a group of corporations (SAmsung, TOSHIba, NAKAmichi, and MOTOrola). It's even possible he/she/they don't even have the private keys to the wallets that those funds are located in. If I had to give my best educated guess, I would guess it's Nick Szabo, who had the original idea of bitgold.
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These discount times we are in now should benefit those who missed out throughout 2017 although the price could fall a bit more. its certainly a good time for topping up various holdings, of course for those who believe the situation is temporary, like me  |
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