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7761  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH or EOS? which coin will survive? on: December 13, 2018, 01:16:11 AM


Generally speaking, both EOS and ETH have the same importance in the space of cryptocurrency because both of them try to be operating systems for the future decentralized Apps. In the space of cryptos, it is hard to specify who will win and lose especially when it comes to ETH and EOS, so both coins have the possibility to survive.


You do have a point there, mate. Both ETH and EOS aim to become the decentralized blockchain operating system for the world. However, each have their different approach when it comes to scalability, decentralization, etc. It's good to have some competition, since it would allow blockchain technology to improve and mature like never before. EOS has some interesting features that make it ideal for quick transfers without fees (at the cost of centralization). On the other hand, Ethereum has decentralization but it lacks quick speeds and fees are extremely high (but it's highly secure and resilient).

Therefore, only time will tell us which coin will survive (either EOS or ETH) according to their adoption in the mainstream world. But as for me, I'll go with Ethereum since it's decentralized. Smiley
7762  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Bitcoin Gold have a future? on: December 13, 2018, 01:06:31 AM
I think now BTG will certainly have a future after ASIC-resistant algorithm.  It has all similar features as compared to BTC with better privacy features, Just depend on its team how will they adapt with the tough competition with other coins.

Maybe. However, if BTG cannot keep up with constant development and innovation, then it'll quickly die just as other useless altcoins in the market. There are many privacy-oriented cryptocurrencies nowadays, as well as, some that are ASIC-resistant. Bitcoin Gold would need to keep up with the competition if it wants to survive. Otherwise, it'll stay behind while other altcoins with constant development take the lead on the market. As such, Bitcoin Gold would remain as another "Dogecoin" while altcoins such as Ethereum, Cardano, and Litecoin will remain highly supported by their communities.

Nonetheless, we cannot determine with certainty if BTG would have a future or not. If it at least has some nodes, miners, and exchanges trading it, then it'll survive for a long time. Just my thoughts Grin
7763  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Cash vs Bitcoin SV on: December 13, 2018, 01:00:26 AM
the bitcoincash community broke because of the hardfork bch, is this hf very important to do? and this has a profound impact on the price of BTTC, which then has an impact on the price of the altcoin on the market

Exactly. Bitcoin Cash's community has teared apart right after the recent hard fork. If everything was thought out smoothly with ABC implementing replay protection, then none of this mess would've happened. However, because both Craig and Roger become too stubborn to protect their chains (starting a hash war), people have lost confidence in both BCH and BSV. Not to mention, ABC had implemented centralized checkpoints which defeat the true purpose of a blockchain (which is to eliminate the middleman). On the other hand, BSV with its huge block sizes would eventually become extremely centralized if they become filled to the max.

Which is why, I believe that Bitcoin (BTC) will prevail in the long term, since it's the only cryptocurrency with a decentralized approach towards scalability. Of course, many have criticized LN, but compared with other scaling solutions (like block size increase), it's the most decentralized.

In the meantime, both BCH and BSV's value combined is much lower than it was before the hard fork. I doubt that these cryptocurrencies would get anywhere especially after they've lost confidence from people in the mainstream world. But only time will tell us what will really happen with the future of BCH. Just my opinion Smiley
7764  Alternate cryptocurrencies / Altcoin Discussion / Re: Best competitors to Ethereum? on: December 13, 2018, 12:55:01 AM
The main competitor at the moment for ETH is XRP, which has already overtaken broadcast by its market capitalization on coinmarketcap.

In terms of market capitalization, XRP has beaten Ethereum. However, market cap tells nothing since Ethereum is more popular and actively supported than Ripple/XRP. XRP has only gone up in market cap, simply because of the recent bear market which have caused most cryptocurrencies (Ethereum included) to fall drastically in value. Right after the bear market ends, I believe that XRP would head back to its third position in market cap, while Ethereum will rise back as the second largest cryptocurrency by market cap.

If you're considering serious competitors against Ethereum, then looks no further as Cardano, EOS, and NEO are strong in development and innovation. They're smart contract platforms like Ethereum but with added speed and lower costs. Eventually, the market will decide which smart contract platform is the best according to mainstream adoption and popularity. Right now, Ethereum is still the leader of smart contracts, but everything could change in the future, if ETH doesn't adapt quickly for mainstream use.

Nonetheless, I believe that no competitor could match Ethereum in terms of development, popularity, and community support. Just my thoughts Grin
7765  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Cash vs Bitcoin SV on: December 11, 2018, 05:02:29 PM
You are so right about centralisation, roger and jihan mined half of abc and wright mined half of sv, so if something kill them, it will be centralisation and hunger for power.
They may be manipulated it but I don't think they predicted the avalanche of price drop it would cause, I believe that they are mining in heavy loss right now, whatever they mine!

Yes. Both ABC and SV are mining at a huge loss, although losses have been reduced as a result of a split between both chains. SV has already implemented replay protection, which has now become a separate chain of the BCH blockchain. Despite this, it's still more profitable to mine Bitcoin than either BCH or BSV (based on Coin Dance figures). I don't see any reason why miners would support a chain where it's highly centralized and manipulated by their players. Their money could be easily lost in an instant if another hard fork is announced producing another "Hash War".

This disastrous outcome between ABC and SV, have caused the whole crypto market to panic. Even the original Bitcoin (BTC) has suffered from losses in price and mining hashrate because of the BCH "Hash War". It may take a while before everything else recovers, while both BCH (ABC) and BSV fade into oblivion. I've seen many investors quit from BCH right after the "Hash War" to join Bitcoin once more.

If BCH (ABC) and BSV don't provide true development and usability for the mainstream world, then they'll become useless cryptocurrencies. In fact, they're useless nowadays, unless they take the right direction towards decentralization and quality development. Just my opinion Smiley
7766  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become the reserve currency of the world? on: December 11, 2018, 04:51:20 PM
hmmm, I don't think so. I don't think Bitcoin will become the world's reserve currency, but I think that USDT or TUSD will be the world's reserve currency. USDT and TUSD have proven their price stability when the market is bearish like now, therefore I feel that one of the two coins is suitable to be the world's reserve currency...

Stablecoins are pegged to the USD. This means, that the reserve currency is the USD instead of a specific stablecoin. As for me, I don't trust stablecoins anymore since they've gone way below the promised value of 1 USD. The term "stablecoin" is just a niche to make believe that it'll never go below the 1 USD mark. But, it's nearly impossible to achieve considering that stablecoins are traded in the free market, where it's prone to either higher or lower prices by their traders.

If at some point in the future, the USD fails, then another currency might take its place as the reserve currency of the world. Considering how many banks and governments worldwide have been researching about blockchain technology, the reserve currency of the future might be issued either on its own blockchain or an already established blockchain. If they take the path of an established blockchain, then they'll choose the XRP Ledger since it's centralized and regulatory compliant.

Then, it could be the USD, EURO, YEN, or YUAN issued on the XRP Ledger for quick settlements around the world at cheap costs. For the reserve currency to be used all around the world, it would need to be implemented into a blockchain network. However, decentralized cryptocurrencies like Bitcoin and Ethereum would never become a reserve currency because of previously stated factors. A centralized cryptocurrrency would better serve a purpose of a reserve currency, and XRP fits the bill nicely. Just my opinion Smiley
7767  Alternate cryptocurrencies / Altcoin Discussion / Re: Best competitors to Ethereum? on: December 11, 2018, 04:46:42 PM
a few months ago ETH's competitors were EOS and NEO, but now it's not the two coins, but XRP,
yeah, I see XRP is a real ETH competitor, and the ETH power seen from now on, is it able to beat XRP or not in market capitalization.
and now we just need to wait for vitalik buterin to surprise us all.

I don't consider XRP as a real competitor to Ethereum, because it doesn't have any real utility except for being the "cryptocurrency" for the bankers. AFAIK, XRP cannot be directly compared since it doesn't have smart contract functionality. Comparing XRP and ETH, is like comparing apples and oranges. On the other hand, NEO and EOS can be considered as real competitors to Ethereum since they have smart contract functionality and are similar in many ways to the pioneer smart contract platform (ETH).

There have been many smart contract platforms which have emerged right after Ethereum came into inception back in 2015. It's only a matter of time, which platform is the most efficient and secure when handling dApps and tokens. While Ethereum will upgrade to a better, and scalable version, many other competitors have taken a step further by adopting scalable solutions at an earlier time. As of now, TRON, Cardano, NEO, and EOS are much faster and cheaper than Ethereum. What ETH only has, it’s first mover advantage just like Bitcoin. But in the end, it could get easily replaced if other platforms deliver greater scalability and security.

Nonetheless, it won't be long before Ethereum adopts Casper PoS and Sharding to go full steam ahead towards mainstream adoption. Just my opinion Smiley
7768  Economy / Speculation / Re: BTC will not DIE, People Die; Will you be the Last Man HODLing? on: December 11, 2018, 04:39:55 PM
There are two types of investors or believers when it comes to longer HODLs but most of them would be categorize for those who do hold for pure profits and the others will really see the deeper side which
this is a great tech that cant really be died easily.It might decrease but it wont come to a point to become useless or doesnt have any value at all.
We have really seen this roller coaster ride for how many years but i dont know why people cant able to withstand the reality and telling things about dying. lol

Agree. Many people are just saying that Bitcoin is dead based only on prices. However, the truth is that Bitcoin is alive and stronger than ever with increased development and innovation. What determines a cryptocurrency's life is the number of people supporting it. AFAIK, there are a lot of nodes and miners supporting the BTC blockchain, as well as, a variety of developers working on the pioneer cryptocurrency. If we base ourselves with the past price declines over time, we'll notice that history repeats itself.

Bitcoin has headed back into the 2013 - 2014 era where prices have declined massively from its $1,000+ ATH. It was only a few years later (in 2017) when Bitcoin's prices started to rise to the moon again. Which is why, there shouldn't be any reason to panic since Bitcoin will be here to stay for a long time. Only newcomers into cryptocurrency would say that Bitcoin is dead, but they're only considering the price in USD and not the real utility and potential of the cryptocurrency.

As for me, I'll be hodling Bitcoin for many years to come. I'm confident that it'll become much more valuable in the future than what it is right now. Besides that, Bitcoin has promising technology and it's the most secure blockchain available today. Therefore, only true believers of Bitcoin and blockchain tech, will hodl their assets no matter what. Just my thoughts Grin
7769  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Bitcoin Gold have a future? on: December 11, 2018, 12:34:18 AM
it looks like bitcoin gold won't have a bright future because too many bitcoin platforms are created so I'm not sure about bitcoin gold, I'm just sure of genuine bitcoin.

Yes. There are too many Bitcoin forks available on the market today. Their main intent is to fork off the original Bitcoin blockchain to make free money. But in the end, most of these forks will die due to lack of support from their developers and the community itself. The world doesn't need another copy of the original Bitcoin blockchain, but rather something unique that would provide real usability to everyday people.

Although Bitcoin Gold had some small development lately, I believe that's not enough if it wants to stay ahead in the game. The crypto world is changing faster than we could think, and if cryptocurrencies stay behind in the latest technologies, they will be doomed to failure. As such, BTG only has an ASIC-resistant algorithm, but everything else is like Bitcoin and ZCash. Bitcoin Gold needs true innovation, otherwise, it would be forgotten as another useless Bitcoin fork.

Nonetheless, time will tell us what will happen with these forks on the market. Just my opinion Smiley
7770  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH or EOS? which coin will survive? on: December 11, 2018, 12:15:16 AM
now the ETH is being rocked by problems  Undecided, it depends on how ETH resolves the problem in order to survive . EOS has a good future, I am sure, so both in the future will compete if EOS can increase its perfection.  Smiley

That's certainly true, mate. However, it's believed that Ethereum will improve over time with upcoming upgrades such as Casper PoS, Sharding, and the Plasma Framework. Of course, EOS has one step ahead in terms of scalability, but it greatly sacrifices decentralization over this. Decentralized cryptocurrencies such as Ethereum and Bitcoin will survive even if they have bottlenecks in speed and costs. It's impossible to obtain decentralization, while at the same time, obtaining limitless scalability. Which means, that cryptocurrencies would need to sacrifice their own decentralization in exchange for scalability or viceversa.

EOS is centralized since Block Producers can do whatever they have in their power to freeze accounts. Several times this has happened, while with Ethereum none of this has been seen. Only time and the market will tell which coin will remain active within the mainstream world, and which will die. AFAIK, decentralized cryptocurrencies have better chances of surviving than centralized ones (such as XRP and EOS). Therefore, I believe that EOS might not survive for long, while ETH will remain in crypto land for years to come. Just my thoughts Grin
7771  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is now the time to buy ALTs? on: December 11, 2018, 12:06:40 AM
For now you must really choose Altcoin, even if it's cheap or declining. It seems like Cardano does have a good opportunity with its achievements. And Stellar has also made a surprise by going up to rank 4 in the top 10 altcoins. I think both are indeed quite interesting. Cool

Yes. Cardano being a new cryptocurrency that emerged last year, has the hopes of becoming a strong and reliable smart contract platform for the masses. It'll be considered as a huge Ethereum competitor once its VM goes full steam ahead, and developers start creating their own dApps and tokens on the platform. With PoS, and many other goodies, Cardano will be the smart contract platform of choice alongside Ethereum.

On the other hand, Stellar's blazing fast speeds and cheap costs will make it one of the best investments for the future. It's already within the top 5 cryptocurrencies in market cap and has potential to grow further as people in the mainstream world adopt it for daily payments. Compared with Ripple, Stellar is a much more decentralized version of XRP, and has wide support from its community. As such, it could be well worth buying nowadays for the long term, especially since it gives hodlers the ability to earn more XLM over time (via inflation destination).

Nonetheless, I believe that in this current bear market, it's best to buy altcoins which are ranked within the top 10 cryptocurrencies in market cap. Altcoins which are way lower in rankings are much risker to invest into. Just my opinion Smiley
7772  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum fail if Vitalik dies? on: December 11, 2018, 12:01:43 AM
In my opinion ethereum is strong and stable for such things like this. It has investrors trust and if Buterin will gone ethereum will be fine

That's without a doubt, mate. Compared with most altcoins on the market, Ethereum has the most trust in a similar way to Bitcoin. Many people have used this cryptocurrency at a large scale, which means that there shouldn't be any reason to worry about Vitalik's death in the future. If he dies, then he'll be remembered as one of the most prominent figures in crypto land. Another person might succeed him after his death, but if it doesn't happen, Ethereum will continue with the vast amount of developers working on it.

The pioneer smart contract platform not only has support from a wide number of developers across the world, but also from individuals, businesses, and companies alike. With many things that have happened (such as the Enterprise Ethereum Alliance) and those that will happen in the future (Raiden Network, Plasma Framework, Casper PoS, Sharding), Ethereum will be here to stay for a long time.

Therefore, investors shouldn't pay much attention to Vitalik's death, if Ethereum remains a solid platform for dApps and tokens. Just my thoughts Grin
7773  Economy / Services / Re: [Crypto-Games.net] ★ Signature Campaign ★ Hero - Legendary[FULL] ★ on: December 08, 2018, 07:09:59 PM
Payment processed, transaction:  55659e7a79d5019fa8246ea624d772b1c77a1872ab0c9054642459ac86543dbd

I have received the payment once more. Thank you DogecoinMachine and Crypto-Games.net team!  Smiley
7774  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is now the time to buy ALTs? on: December 08, 2018, 04:40:10 PM
I will try to add more altcoin when they will have reached the bottom but it's too risky to get in on the crypto market. A little signal toward the recovery has appeared but i can't consider it as a good signal. Just try to stay and keep watch the market.

Agree. It's too risky to get into altcoins right now. They've had greater declines in prices than Bitcoin itself. Since they're mostly dependent on Bitcoin's price movements across the market, they fall in price at a faster rate than the pioneer cryptocurrency. In the meantime, it's recommended to buy only Bitcoin while everything else settles. The only altcoin that would be safe to invest, IMO, would be Ethereum.

However, other altcoins that are below the top 5 - 10 cryptocurrencies in market cap are much riskier for investments nowadays. Buying the leaders in crypto land while prices are cheap, it's key towards multiplying your investment in the future once the bull market returns.

Therefore, it's advised to carefully watch prices across the cryptocurrency market, to make the right move at the right time. Just my opinion Smiley
7775  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH or EOS? which coin will survive? on: December 08, 2018, 04:35:46 PM
I believe that ETH will survive in the long term, because EOS is too centralized. Nobody would want to deal in a "blockchain" that's controlled by a few key players in the system. Block Producers have already frozen several accounts on the EOS blockchain, while Ethereum hasn't experienced anything like that yet. The only thing Ethereum had experienced, was a rollback in transactions performed in its blockchain during the DAO hack. However, that was made with the purpose of protecting people's funds, compared with EOS' quick moves to freeze accounts to its desire.

Of course, EOS may have zero fees and greater scalability than Ethereum. But, what "kills" EOS is its centralized arbitration process. Hopefully, this would get solved within the future, or otherwise Ethereum will remain in the lead for a long time. As of now, Ethereum is still the leader of smart contracts because it's decentralized, resilient, and secure unlike no other (after Bitcoin).

Nonetheless, there could exist a possibility that both EOS and ETH would survive for many years to come. Just my thoughts Grin
7776  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum fail if Vitalik dies? on: December 08, 2018, 04:30:16 PM
That's only FUD, but the correct tittle should be if bitcoin dies and ethereum too. If there was no vitalik and there was a community behind it, that will create more development on the ethereum platform. Vitalik is not the only one but we have a lot of professionals behind it. 

That's without a doubt. At first, I've thought that Vitalik's death would negatively impact the Ethereum project. But then, I've kept researching and realized that there are too many people working on the same. Which means, that if Vitalik goes away, the community and developers working on Ethereum will replace him. Vitalik only represents Ethereum but he has no stake in the future direction of the project.

The Ethereum blockchain would continue to live on its own, just like Bitcoin did without Satoshi (after his disappearance in 2011). In the case of Bitcoin, many believe that Satoshi is dead since it quickly disappeared without trace a couple of years ago. Despite this, Bitcoin has been alive and running, with its newest ATH last year. The same way Bitcoin had success on its own, the same way would be with the Ethereum project.

Therefore, there shouldn't be any reason to worry about Vitalik's death (at least in the meantime). Just my opinion Smiley
7777  Bitcoin / Bitcoin Discussion / Re: Is it Game Over for Bitcoin? on: December 08, 2018, 04:17:50 PM
It will be under $3,000 within a week. The market is still full of hot air with people hoping for a rebound/get rich quick.

This thing will go below $2000 in the next few months and I think it will be falling for years. Everyone knows about it (taxi drivers, school kids, hairdressers).. Expect this to get to $200 longer term.

No it isn't like Microsoft, it is closer to Dr Koop, the usage case is very limited and the price needs to come down a lot for it to make sense. McAffee will eat his dick.

I hope that Bitcoin doesn't keep going down the drain in terms of USD price. It would be disastrous for many investors, and it would scare many people away from Bitcoin and other cryptocurrencies. But, if Bitcoin becomes extremely cheap, then we have the option to buy more coins to save them up for the future. I believe that it's best to distance ourselves from Bitcoin's pricing, and instead focus on its usability.

That way, Bitcoin would grow in mainstream adoption and popularity, effectively bringing massive demand over the long term. The only way I see that Bitcoin's price would rise, would be the successful implementation of a stable version of the Lightning Network for the masses, and the launch of Bakkt.

Only then, prices might start to rise due to hype and FOMO among people in the mainstream world. Other than that, it would take a long time for Bitcoin to see any upsurge in value anytime soon. In the meantime, I'd suggest to just keep "hodling". Cheesy
7778  Economy / Service Discussion / Re: Any good Bitcoin games around? on: December 08, 2018, 04:08:31 PM
I have two nice games to recommend, however those are built on Ethereum. I can't imagine how expensive a game would be to support BTC transactions!
This RootStock sidechain seems interesting, but as far I as I was able to research there isn't any game supporting it, it's only a theory so far.

If you want to play something TODAY and you don't mind touching Ethereum, Axie Infinity (a pokemon-like collection and fighting game) and Gods Unchained (a TCG) are some high quality games which might also earn you some money if you collect and trade rare items.
Axie Infinity is planning to support LOOM soon in order to reduce the tx fees.

Yes. RootStock is still in its early steps, which means that it would take quite some time before we would be able to experience games on it. As far as Ethereum goes, it seems to be the leader in blockchain gaming nowadays. These games you've mentioned are new to me, and it's nice to know about them, since they're a great way to earn a small reward in return for playing them.

Personally, I'm a fan of Ethereum-based games, but I believe that Bitcoin-based games would be better at least in terms of security and reliability. Ethereum needs to scale to support massive blockchain gaming, which at its current state, it's not possible to attract the masses. Luckily, the Loom Network and PoA Network, have devised some unique sidechain technologies which allow games to require less fees for playing at unmatched speeds.

If game devs make use of these sidechains (either PoA or Loom's Plasmachains), then Ethereum will truly become a workhorse for blockchain gaming. As of now, there are many games available to play with such as: Axie Infinity, Gods Unchained, CryptoSouls, CryptoKitties, Blockchain Cuties, Hash Puppies, CryptoCarz, and more. On the other hand, Bitcoin would experience a whole new level of gaming with its adoption of the RootStock sidechain for mainstream smart contracts.

Nonetheless, I hope to see many more Blockchain-based games that would serve as an entry point for newcomers into cryptocurrency. It's seems to me that it's not only about Bitcoin (in terms of gaming), but also Ethereum, NEO, and other smart contract platforms for blockchain-based gaming with NFTs. Smiley
7779  Alternate cryptocurrencies / Altcoin Discussion / Re: Best competitors to Ethereum? on: December 08, 2018, 03:58:41 AM
Yes, any little bit of a good project can now act as a competitor for Ethereum. He's not showing anything unusual right now.

Exactly. While not many cryptocurrencies are in the same level as Ethereum, then can virtually compete with it by adopting smart contracts. Cryptocurrencies such as NEO, EOS, Cardano, Qtum, and even aeternity have the potential to outperform Ethereum with their high scalability and cheap costs. However, Ethereum has retained its status as the second largest crypto by market cap because it has confidence from mainstream companies, businesses, and individuals alike.

Which means that, Ethereum might remain as the leader of smart contracts within the future. Of course, we cannot ignore other alternatives, since they're currently faster and even cheaper than Ethereum itself. Despite this, any smart contract platform be it Ethereum, NEO, EOS, or Cardano, will eventually be adopted at a large scale within the mainstream world. Just my opinion Smiley
7780  Economy / Economics / Re: Blockchain and AI will improve the world economy on: December 08, 2018, 03:51:09 AM
Yes the blockchain technology has actually become a trend now for institutional and banking investors because they've realize that crypto currency technology is much more secured and fast compared to the old fiat technology. If this continues the world will be in a digital age also the SEC is showing interest in crypto. 2019 might be a good year.

That's certainly true, mate. Blockchain tech has captured the attention of banks and governments worldwide due to the benefits it provides to our society. It not only helps transform our economy, but also healthcare, and many other areas that are important to our society. Both Blockchain tech and AI (especially Blockchain) need a proper regulatory framework to ensure their legitimacy. Once that's done, then governments around the world could start adopting these technologies to bring our world to the modern age. As we all know, technology is advancing quickly, which means that sooner or later, Blockchain and AI will become the trend of the modern world.

While AI is much riskier than Blockchain (if fully developed), it could somehow improve our lives for the better by taking many of the well-known positions from humans today. Then, we would work less, while AI does important decisions for us. On the other hand, Blockchain tech would simply replace the existing banking system, where people would gain sovereignty over their money (but still protected by the government).

Therefore, these technologies are the way of the future, despite what it is said across mainstream media by "fudsters". Just my opinion Smiley
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