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761  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 05:31:43 PM
...
Donno why I get myself into these meaningless conversations..

You never said Liqui, you never said dividends in USD.. Not sure what you said. BTC rise would matter is too general, it's like saying nothing.
I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits. If you don't want to be exposed to any price changes, you can convert them to your favorite toilet paper money.

Really didn't get what this conversation is about.


It's because you're not precise, mixing things up, and constantly changing the scope of the conversation.
Let's not continue to avoid more mess.

However, it's interesting how do you calculate that your investment is profitable?
Example: you bought a coin for 1500 sat and sold for 1700. Did you make profit? Smiley

at 1700, I don't think he gained that much, it depends to how much ICN he had.  trading isn't that simple that you can sell the whole quantity you got a the same time.  24k has its sell wall so he should have set it there as well to gain.



Now you see :-)
I said  "you bought a coin" and electronicash replied "it depends to how much ICN he had" - so he has changed the scope, and we're going nowhere again :-)
762  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 05:19:18 PM
...
Donno why I get myself into these meaningless conversations..

You never said Liqui, you never said dividends in USD.. Not sure what you said. BTC rise would matter is too general, it's like saying nothing.
I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits. If you don't want to be exposed to any price changes, you can convert them to your favorite toilet paper money.

Really didn't get what this conversation is about.


It's because you're not precise, mixing things up, and constantly changing the scope of the conversation.
Let's not continue to avoid more mess.

However, it's interesting how do you calculate that your investment is profitable?
Example: you bought a coin for 1500 sat and sold for 1700. Did you make profit? Smiley
763  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 03:42:24 PM

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here Smiley

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.
No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.


Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

Well, it depends person to person. Some person may prefer to keep the dividends in Ethereum, some may like to convert it immediately to Bitcoin or Fiat.

Also,  they won't make profits just in Bitcoin. They would be making profits in Ethereum, Bitcoin, and other alt coins. Investing in ico would give them alt coins which would be converted to Ethereum directly.

And my friend, in world of crypto currencies such things are common. Many alt coins are very volatile. Bitcoin too is volatile.

It could also happen the reverse way. Eth / btc rate could also go down .

It you don't want to take such risks convert crypto to fiat immediately.


If they would pay in USD, they would also invite Many legal restrictions.

I haven't suggested they should pay in USD - read carefully please.
764  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 03:35:23 PM
The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here Smiley

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.
No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.


Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

uuh, what?
Dividends are distributed from realized profits. If they already made profit, why would they buy eth?
At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M

For instance: ICN bought Golem.
If they sold it now on Liqui, they would receive BTC, so in order to pay dividends they would need to buy ETH, right?

They have almost 200K eth, they have fiat.. I am not sure why this even matters? You need to get X eth as dividend, you get it. How they get it is their decision.
Paying dividends in fiat?  Grin Grin Are you serious?


BTW - I doubt Iconomi will use Liqui to sell Golem  Smiley

I never said they will use Liqui - read that sentence again please.

Also, I never meant they pay dividends in fiat - just said that BTC rise would matter IF they promised to pay in USD. Obviously 200k ETH can be used for dividens (for the start), but they will need more ETH. You seam to be missing long term perspective. It doesn't really matter what they have now, but in long run they will need to track many exchange rates from/to many cryptos. Profitability of their operations will depend on the performance of their holdings, and countless exchange rates.
765  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 03:10:37 PM
The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here Smiley

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.
No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.


Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

uuh, what?
Dividends are distributed from realized profits. If they already made profit, why would they buy eth?
At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M

For instance: ICN bought Golem.
If they sold it now on Liqui, they would receive BTC, so in order to pay dividends they would need to buy ETH, right?
766  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 02:48:23 PM
The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here Smiley

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.
No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.


Yup, 1BTC worth of ETH is still 1BTC no matter the ETH price.

See above
767  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 02:45:20 PM
The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here Smiley

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.
No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.


Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.
768  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 02:05:50 PM
The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here Smiley

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.
769  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer on: November 27, 2016, 12:39:31 PM
Can someone send some XEL to this account please?
[Edit] correct account
XEL-W4QY-SNJJ-SK3Y-F497A

I know there's faucet by it seems to check IP when sending XEL, and I already used it before

Not sure why but the faucet allowed me to withdraw another 10 k XEL after some time, so no need to send anything

Thanks anyway
770  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer on: November 27, 2016, 11:47:08 AM
Can someone send some XEL to this account please?
[Edit] correct account
XEL-W4QY-SNJJ-SK3Y-F497A

I know there's faucet by it seems to check IP when sending XEL, and I already used it before
771  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: November 25, 2016, 03:46:56 PM
What I don't understand is.. if you guys have trade so much and earned so much.. why are you still here instead of being on your yacht enjoying your earnings...

Well thats easy. Its called greed Wink

No, it's called Spurious Earnings Wink
772  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: November 25, 2016, 01:36:29 PM
My Portfolio is growing nicely with all these new platforms. Waves is yet another project surprisingly cheap with such high potential.

50,000 WAVES seem like a decent holding, so please do us proud WAVES! I'm sure you will Smiley



cryptos are not for holding, they are for trading. if you didnt get that, then you are not the 2 years around here to know that. at least 3 years of trading experience and 1 year with cryptos I would recommend for not losing money in the long way. Everyone is having luck for few times, the same with gambling. But 85% of people are losing everything they put into the pot to whales. And whales do not hold, they trade. If you want to hold then you are wrong here. Even btc you have to trade. Nothing is growing to the sky or rising the moon. nothing new here, but you have to say it as there are always newbies coming. Guess why? Yes, the others lost already their funds.   

So, you suggest that buying BTC for $25 in 2013 and holding until today would be wrong decision?
773  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer on: November 23, 2016, 04:12:42 PM
I will appreciate it if you honor me with a proper response Evil knievel (that would be a minimal courtesy from your end).
Thank you.

Sorry for the late response, I am truly sorry for not coming back to you earlier. However, I have spent the day before yesterday to research on several methods related to your suggestion.
Your suggestion was to include some sort of "measurement" of the actual power usage of the miner so that people can quickly assess the "ROI" which results directly from the mining income and the power usage of their mining rigs.
I have tried different ways to measure the "power usage" programmatically. While it is easy to do if the computer is on battery power (this only requires pulling the battery statistics repeatedly) it becomes almost impossible to achieve on a computer on AC.

I have even tried to implement a PoC measurement tool that would read the CPU type, get its "TDP Power" in watts and estimate the real usage by observing the CPU usage, so on "100%" CPU usage one could assume that the entire TDP power is used.
I have compared the results to what I see when I measure the actual power usage with a power meter plugged into the wall (i had purchased one only for this experiment) - but the results were bad! Sometimes overestimated, often underestimated.

I have no real idea here and I keep thinking about it for days now! That's why I did not yet come back, but you are right ;-) Maybe I should be open about my thoughts (see above) and probably someone comes up with something more reliable.


I really appreciate your time and effort spent trying to find a solution into this matter. I think it could give a very tangible feature for the users to enable them to have real life / realtime information regarding profitability of using a product like elastic. At the end of the day people are gonna be selling their computational power to generate profit and the easier it is to know where is your cut off point for profit the better.
I tried to find a reliable method for this measurement in the past but didnt find something convincing...
If anyone has any idea about it, it could be highly useful to add to the elastic client.




Not sure if it wil be of any use for you, but Intel has something like this
https://software.intel.com/en-us/articles/intel-power-gadget-20
which is able to log CPU power to an external file.

Obviously it's limited to Intel's CPUs only, so graphic cards, and other mining equipment won't b possible.
Additionaly CPU is rather bad idea for mining, however, it would be something ... for the start Smiley

On the other hand, I think it's pure waste of time at this stage.
The current development should be focused on launching the mainnet + initial distribution.
Once the mainnet is live with no major issues, we can start thinking on additional features.
774  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: November 21, 2016, 02:51:18 PM
$2 to $4 in a year is definitely realistic and attainable. $12-$14 would be even better  Grin

lol what a joke article. stopped reading at the "will waves replace bitcoin" speculation paragraph.

unreal how many people getting worked by this coin. you bag holders at 50 plus are never getting out.

However, I can see few valid points, like the ones below for instance

Quote
...It's a great project but there are many things to consider, especially regarding one of the main devs: Sasha Ivanov. His promises (release delays), political talks (about Donald Trump's election), arguments (with Poloniex's owner or about Ethereum Classic) have already hurt the project, nothing unrecoverable at this stage but it makes you wonder what will be his next bad move...

Quote
...Adoption has not started yet, promotion has not started yet, trading is on a very low volume right now, and the funding of the team insure that a lot can be done for the success of the project...

Quote
...Don't be blind and keep an eye on other projects as well,...
775  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: November 18, 2016, 09:46:50 AM
So, now when full node is released, how do we mine waves? Anyone knows...?

https://www.cryptocompare.com/mining/guides/how-to-mine-waves/

Waves is a POS coin, I don't think the term mining used is technically correct, it should be Staking or forging

Thank you for explaining the semantics. Now, how do we mine/stake/forge/extract/excavate Waves...?
776  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: November 18, 2016, 09:03:02 AM
So, now when full node is released, how do we mine waves? Anyone knows...?

https://www.cryptocompare.com/mining/guides/how-to-mine-waves/
777  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer on: November 17, 2016, 09:31:58 PM
IS Golem available for trading some where?

here
https://liqui.io/#/exchange/GNT_BTC
778  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: November 17, 2016, 08:58:52 PM
So, now when full node is released, how do we mine waves? Anyone knows...?

https://www.cryptocompare.com/mining/guides/how-to-mine-waves/
779  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: November 17, 2016, 07:00:46 PM
"Wallet Maintenance" status is showing on Waves page in Bittrex. What's the reason behind this? Anyone knows? Huh

Perhaps, they started implementing full node, released earlier today

https://twitter.com/sasha35625/status/799299832536059904
780  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers on: November 17, 2016, 06:16:07 PM
Does anyone know what's wrong with the blockchain?
Transactions appear/disappear randomly, balances are shown wrongly, withdrawal from Polo doesn't work (txid not found), Bittrex wallet under maintenance..

 Huh

The explorer nodes forked. We will restart them as soon as possible.
Ah, okay.
I'm interested, under what circumstances can this happen?
I guess, for example, when a few nodes don't receive transactions for a while (go offline etc.) and after they're online again, consensus is impaired?
(But wouldn't they just resync then?)

One reason for example was (which is now fixed in the next release update) a logic problem in block processing. This resulted in a CPU spike when processing a block while there are many transactions on the network at the same time. During that time where the CPU spiked to 100% the node couldn't do anything else, so he fall behind / starved. I.e. chances are high he lands on a fork.

Is this something that you can resolve, or such issues are correctly identified by RISE team as a major flaw? See quote from RISE thread below

...
As you all probably have assumed, we have encountered numerous issues with the delegate system, and the security of the rise-core code base. A couple of highlights:

  • Slow system speed - 10> Transactions per second - Above this causes forks
  • DDoS Vulnerabilities in multiple core system packages that require significant updates to resolve
  • Spotty delegate communication
  • High resource usage for nodes
The above issues are difficult to resolve in the current code base (As evidenced by the original developers lack of resolution up until this point).

In order to find a solution for this, we are going back to the drawing board, and designing an entirely new architecture for the system, not based on anything that is currently in existence. We will be writing a new codebase from scratch.
...

I already answered your question. The latest test results look very promising. Come to our chat to find out more regarding testing.

Max, I must have overlooked your answer, and can't find it now. Could you quote it here, or just indicate a page number, if it's not a problem, please?

Smiley

If you think, that this was only one reason and there might be thousand others. With the next update we are going to achieve our first milestone. That means the issues will mostly be fixed, might require another update for adjustments. However, in principle it will work quite good. That means we can allow community forging and the forging rewards.

Ah, that's what you meant.
Well, I thought you addressed the issues reported by RISE team somewhere earlier (since I quoted their statement few pages back, and now quoted it partially again).
Thanks anyway...
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