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721  Alternate cryptocurrencies / Altcoin Discussion / Re: rumors that Tim Draper is buying FRC !! on: May 10, 2017, 07:27:56 AM
Pardon my ignorance, but who is Tim Draper and what makes him an expert on future cryptos?
A VC who made a name for himself in the crypto sphere by purchasing large quantities of bitcoin. Nothing makes him an expert. Some of his comments are humorous. Like 3 years ago he predicted bitcoin would be $10k by now. Now of course he's adjusting that saying it will take another year to get there. Sounds like any other person trying to pump their favorite coin lol.
722  Alternate cryptocurrencies / Altcoin Discussion / Re: rumors that Tim Draper is buying FRC !! on: May 10, 2017, 07:02:17 AM
FireRoosterCoin?? WTF... Yeah ok lol
723  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is going to dump on you at some point on: May 10, 2017, 06:54:27 AM
Let's define terms, we're talking about breaking of the Great Crypto Bull market that started in the winter of 2016/17, right?

Well, this breaking is not going to happen this month. There is a possibility it will happen at year-end.

Price corrections (some as big as 33-50%) will be happening all the time though as the bull is hard to ride, it tends to throw away those who don't hold tight.

Segwit has roughly 6 more months to activate but the outcome of this "war" will probably be known before that. My gut says 3-4 months and then things will really start to change across the board.


Bitcoin is too big to change: https://bitcointalk.org/index.php?topic=1908585
Not sure what your point is other than maybe you're simply saying they shouldn't touch it. But they are and they will... Which then invokes your other statement which is what I was alluding to.

Segwit is a huge change of the protocol, it will undermine investors confidence and send the price plummeting. Unlimited blocks is also not safe. Investors are cautious. Upgrade Bitcoin to Segwit or to BU and it will lose relevance very quickly.

Personally, I think if "segwit" loses, all hell will break loose while segwit "winning" will be less disruptive (there will still be some) but we'll just have to wait and see what happens.
724  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy 44 Altcoins on exchanges tomorrow for a total of 4000$ on: May 10, 2017, 06:45:37 AM
My investment of about 4100$ on 18 Coins goes from 4100$ to 4440$ to about 3300$. now its on about 3500$.
You were warned by several of us that all coins are in a bubble right now and it was a foolish time to be buying thinking they were going to keep going up. A few little dumps over a day or 2 are meaningless right now. When the bubbles really pop, believe me, you're going to know it for a certainty.

here is a comment from someone about the bubble, the big bubble that gonna crash all coins to near zero in value, to get back in a 5years situation back from now.

"99% of the people around me laugh when I speak about criptocurrencies. There is nobody inside this new asset class. How can we live in a bubble if 99% of the people I know do not even know what is this blockchain technology about? I think you are confusing high volatility with a bubble. Of course we will see eventually a bubble, but it will be a bubble when your taxi driver tells you how good is buying bitcoin! That will be the time to jump!"

i totally agree with him.
That's funny. I went and read his comments. He thinks Steem is a fantastic investment for one. He also says this "The vast majority of tokens are trash over there and will end 0: YES.
There will be huge volatility events with 50% more drawdowns: YES.
Using mean reversion algorithms prices are quite overvalued right now: YES.
There is a bubble and prices will be dropping for at least 4 months or more: NO."

So the person you're quoting is also saying that many of the altcoins are going to take a dump.

That last statement of his also shows his clear ignorance of this space as well. Again, I will point you to the Bitcoin bubble of 2014 where it hit it's first all time high (around $1200 I think it was) and then declined from there all the way to 2015 when it reached around 250 and it stayed down around there for much of the entire year. So neither you nor him have a clue what you're talking about. You seem to think crypto behaves like regular stocks etc and they simply do not.
725  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is going to dump on you at some point on: May 10, 2017, 06:13:19 AM
Bubble bubble bubble, what bubble are talking about? 1929 or 2008? if so cryptocurrencies have more than 10years before that big bubble.

In the meantime we are in very small bubbles sometimes because the crypto market is new and so small.

"99% of the people around me laugh when I speak about criptocurrencies. There is nobody inside this new asset class. How can we live in a bubble if 99% of the people I know do not even know what is this blockchain technology about? I think you are confusing high volatility with a bubble. Of course we will see eventually a bubble, but it will be a bubble when your taxi driver tells you how good is buying bitcoin! That will be the time to jump!" Said someone, and i'm with him.
Go educate yourself. Go look at life time charts for coins. See that 2014 bubble for bitcoin and what happened with that? Those that have been around here for awhile know how these things tend to trend.
726  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is going to dump on you at some point on: May 10, 2017, 06:11:48 AM
Let's define terms, we're talking about breaking of the Great Crypto Bull market that started in the winter of 2016/17, right?

Well, this breaking is not going to happen this month. There is a possibility it will happen at year-end.

Price corrections (some as big as 33-50%) will be happening all the time though as the bull is hard to ride, it tends to throw away those who don't hold tight.

Segwit has roughly 6 more months to activate but the outcome of this "war" will probably be known before that. My gut says 3-4 months and then things will really start to change across the board.
727  Alternate cryptocurrencies / Altcoin Discussion / Re: DDos Attacks.. Its time to buy buy and buy on: May 10, 2017, 05:50:23 AM
Jeez. A newbie who clearly doesn't have a clue how the markets in crypto work. Just more fools that will lose a lot of their money.
728  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is going to dump on you at some point on: May 10, 2017, 05:46:18 AM
That's a certainty.
Yep. And there will be much crying.
729  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy 44 Altcoins on exchanges tomorrow for a total of 4000$ on: May 10, 2017, 05:29:35 AM
My investment of about 4100$ on 18 Coins goes from 4100$ to 4440$ to about 3300$. now its on about 3500$.
You were warned by several of us that all coins are in a bubble right now and it was a foolish time to be buying thinking they were going to keep going up. A few little dumps over a day or 2 are meaningless right now. When the bubbles really pop, believe me, you're going to know it for a certainty.
730  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] Particl/ShadowCash- SCAM EXPOSED ALERT -DETAILS INSIDE - COMMUNITY WARNING on: May 09, 2017, 06:59:12 AM
Particle just want to do what Bitbay are already doing! They are at least 3 years behind Bitbay. Shadowcah devs even tried to reverse engineer bitbays 'Halo' software but couldnt. Why would anyone invest in Paricle when Bitbay already offers what Particle want to create?
BitBay doesn't have anything. Halo is what you're talking about. BitBay is just a blackcoin clone and the market part etc is a standalone Halo app. Besides, they wouldn't have to "figure out" Halo. They can just use BitMarkets if they wanted to as it's pretty much the same thing, is open source, and was developed by 4 guys starting in Jan 2014.

Maybe you should do a little research? All Halo development is now done in BitBay. And for the time being Blackcoin only gets bugfixes. All the new features are only in BitBay, and it's gonna stay like that for a while.
Oh believe me, I've spent several days researching absolutely everything to do with BitBay but no one that's drank the coolaid is interested. As long as you're happy with it and the various risks involved then good luck to you.
731  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 on: May 09, 2017, 04:08:59 AM
Most coins have dropped due to bitcoins increase like they always do before they bounce back. DOGE has maintained and even increased which is a good sign for its stability.

A very good price to buy.
Anyone that's been here and traded Doge for the last 3+ years knows buying now is for fools. This is when you're selling all the coins you bought when it was under 40.

selling under 250sat's+ is a NO NO.
lol. Right. Some people really need to go look at lifetime charts.
732  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on Dogecoin 2017? on: May 09, 2017, 03:37:48 AM
Buy under 40, sell when it hits these levels. That's the track record of Doge.
733  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 on: May 09, 2017, 03:35:29 AM
Most coins have dropped due to bitcoins increase like they always do before they bounce back. DOGE has maintained and even increased which is a good sign for its stability.

A very good price to buy.
Anyone that's been here and traded Doge for the last 3+ years knows buying now is for fools. This is when you're selling all the coins you bought when it was under 40.
734  Economy / Exchanges / Re: Poloniex "Awaiting Approval" Withdrawals on: May 09, 2017, 01:38:50 AM
There is some kind of delays with Poloniex withdrawal as i made my withdrawals recently but i had a minor delay and if so knowing which coins are having issues for withdrawal will give some clarity to the issue.There are complaints that people are held back for 24 hrs waiting for their bitcoin withdrawals.
Look at the trollbox spam with the delays in withdrawals...
They might be having a delay but that does not mean that it is an exit scheme, they are the most visited site in the alt coin industry and they are getting a huge volume of trade on a daily basis and imagine the amount of profit they are making with every trade,do you think they will kill the goose just like that and be labeled as a criminal for the rest of their life,i highly doubt that will be the case.
You're kidding right? You're not new here so how could you possibly post that given MtGox and Cryptsy. Leading up to Cryptsy shutting it's doors and running with the money, there was a rising increase in the number of people reporting withdrawal problems. There might not be anything going on with Poloenix but your statement is ludicrous given the history of crypto exchanges.

735  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VLT | Veltor | Donar Network | Minimalism. on: May 08, 2017, 03:08:08 PM
Sunday update:

Today we want to announce project Sinni, from host or companion in Old Norse.

Lightning network technology is a breakthrough and can eliminate many of the limitations currently seen in blockchain platforms. However, on the downside, you have to be consistenly connected to the network to receive transactions or to stop people from publishing invalid states. The most effective way of achieving this is to set up a dedicated, unattended node which remains online. In order to avoid introducing centralization through the Veltor Donar Platform, our team was working on ideas to make this cheap and easy.

Sinni is a small embedded hardware node which remains connected to the Veltor network as long as your Internet connection is up. It allows you to connect with a mobile app or through a web interface. It is power efficient and simple to operate. Private keys are stored in a pluggable USB device, which thus makes your entire Veltor identity easily portable. Plug it into your Sinni and it will load your wallet; otherwise, your node is simply a stateless supporter of the peer-to-peer network.

Sinni will come in the shape of a small cube with a status display, ports for USB, power & Ethernet, as well as Wifi and SD card memory.

Key features:
  • Persistent connection to the Veltor Donar Platform
  • Private key protection and backup
  • User-friendly initial configuration via Ethernet
  • Mobile app or web interface to manage your wallet
  • Connects to home network via Wifi or Ethernet
  • Supports the Veltor peer-to-peer network

This is revolutionary if I am understanding correctly?

Can someone confirm that this is some ground- breaking stuff?

Revolutionary? Well I know of at least one other coin that packaged a RaspberryPi in a box that accomplished the same thing for their coin.
736  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] Particl/ShadowCash- SCAM EXPOSED ALERT -DETAILS INSIDE - COMMUNITY WARNING on: May 08, 2017, 01:17:46 PM
Particle just want to do what Bitbay are already doing! They are at least 3 years behind Bitbay. Shadowcah devs even tried to reverse engineer bitbays 'Halo' software but couldnt. Why would anyone invest in Paricle when Bitbay already offers what Particle want to create?
BitBay doesn't have anything. Halo is what you're talking about. BitBay is just a blackcoin clone and the market part etc is a standalone Halo app. Besides, they wouldn't have to "figure out" Halo. They can just use BitMarkets if they wanted to as it's pretty much the same thing, is open source, and was developed by 4 guys starting in Jan 2014.
737  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] Particl/ShadowCash- SCAM EXPOSED ALERT -DETAILS INSIDE - COMMUNITY WARNING on: May 08, 2017, 01:13:36 PM
I really liked SDC in terms of the anon feature etc. Did some trading back in the day and made some decent BTC. But given they never delivered and then come up with this particle thing I sold off everything I had left and won't touch anything from those guys again.
738  Alternate cryptocurrencies / Speculation (Altcoins) / Re: A question on: May 08, 2017, 12:33:30 PM
Why after almost 4 years has Dogecoin pumped reasonably hard? I mean in the past four years, its price was always around 18-22 satoshis, but in this year specifically, it has pumped up to 83-86 satoshis, which is 300% profit for holders. What is the reason behind that pump? And why now?

No, it's price isn't always around 18-22. Go look at a lifetime chart. Doge goes through cycles pretty much "yearly" that has allowed people to at least double their money every time.
739  Alternate cryptocurrencies / Altcoin Discussion / Re: Give me your buy, sell or neutral ratings on the following cryptocurrencies: on: May 08, 2017, 12:30:32 PM
Nothing should be a serious buy at this point as they're all in a bubble and they're all going to pop "soonish". Keeping your exposure limited is the key to the game right now.
740  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][FIRE] FireCoin BitBlockForging @ 1% APR | 98,344+ Supply | 150K limit on: May 08, 2017, 12:21:01 PM
It's very interesting to see that this coin is still alive after all this time. Think I still have coins in an old wallet. Will probably have to get the newest version and see what the state of things is. Is there any sort of rough roadmap of the future for any new features etc. Not gimmick stuff, just improved tech features.

I wish there was, but unfortunately there are no Developers & or anyone available in the community to update any features. Anything could change @ any time though, one thing that has been seen in many altcoins (community or developer take overs) & or could just drift into a defunct state of the altcoins over the years. Fire Coin (FIRE) has been with only a few nodes for months & without a block explorer as well, but 100's of alts have good functional chains in the same status. Will just have to watch, wait & see Undecided
Well that's not encouraging. I will say though that IMO POS coins often go this route as they tend to result in people hording their coins for staking and with nothing new coming in via mining, interest slowly evaporates. I went back and even many of the really high % PoS coins are pretty much dead as well. I personally like the idea of a PoW/PoS coin like Peer but that's just me.

So it's based on Bitcoin->SifCoin->Quark->Dark->BitBlock->Fire

What would you think should be done with it? It would be badly in need of some core updates I would think but once you start on that you have to begin asking if it wouldn't be less work to fork some "new" updated coin and then work from that. Course that opens up a whole can of worms with having to do swaps and stuff. The real question though would be what is it's "purpose". The coin itself is almost immaterial unless it has a real purpose and of course a plan for it's adoption.
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