Je me suis posé quelques questions quand ils ont parlé du tron comme monnaie prometteuse sur l'une de leurs précédentes vidéos. Si on est fan de marketing, oui, pourquoi pas le Tron mais va falloir encore un peu attendre avant qu'on ait du concret. Un market cap si élevé pour un simple concept, ça devrait normalement freiner.

Indeed, exchanges aren't safe. You can protect you by 2FA, strong passwords, but you can't protect Exchange wallet, this is their job. Here, it failed because they stored their coins on hot wallets, instead of cold wallets. I would suggest to move your coins before waiting another hack news, if you don't trade them 

Currently, you cannot determine if an exchange is safe, the only way is through audits and even, can you trust this audit ?

The best way to protect you is by moving your coins on hardware wallets or offline wallets. If you want to trade, keep the minimal amount on the exchange.

Decentralized exchanges will change this by the way. These exchanges store no funds, so there's nothing to hack, and security will come back on user's hands  

That's crazy to see that Japanese exchange has been involved on the biggest thefts, but Japan remains to be a crypto friendly country. Japan still impress me for that, if the same thing would happen some others countries, that would be a complete disaster.




In fact I don't consider it as fragile, as all these token will be currently unusable for the hacker. Exchanges can track these tokens and block them if they reach an exchange. This will maybe change once decentralized exchange will come out. Currently, this hack even had a positive impact on NEM valuation. Exchanges are fragile, but crypto aren't.

Almost all hack have been possible because of human errors (this one included) 

If it was on Bitcoin itself, I think it would had more influence. But indeed, this is funny, we are even fighting the resistance here  

Anyway, it seems different than with MtGox. MtGox was a much bigger exchange in people's mind, and MtGox might have been involved on december 2013 price spike.

Please avoid this kind of dead coin. 42coin has been created in 2014 during the pump/dump era.

A lot of coin during this period were created only for pumps/dumps :
- All these coins were minable during a short period of time
- It had no innovation, it was only working by hype. Devs just forked litecoin, a bit like with dogecoin and did nothing else than changing supply or block time.

42 coin was a bit funny at first. When it went released on exchanges, one 42 worth more than 1000 BTC 

Indeed this should be fixed, this could put Viuly on the right place on coinmarketcap  

You should edit the name of this thread too as airdrop has been finished since a long time.

Currently I'm counting the market cap as if all tokens were circulating, so we are at around ~60m$ market cap, which seems fair given that they already have a alpha platform which works a bit. A lot of coins are much higher just because of marketing and doesn't have something existing yet.

Devs, where are you on the beta development ? Does it progress as what you expected ?

I would maybe guess it's because of the finance G20 that will happen in march, france and germany will create a debate about bitcoin regulation.

That's the only one "important" point that I see coming in march, but I don't know what impact it will have on cryptocurrencies price.

His report doesn't mention blockchain, but cryptocurrencies. So it can include cryptocurrencies which uses a blockchain and these without one.

Bitcoin might be useless because a lot of coins are doing the same thing better, yes, but Bitcoin is currently necessary for this main reason : it's the only one famous cryptocurrency for mainstream people. People doesn't talk about cryptocurrencies, they talk about Bitcoin. Moreover, bitcoin is the main entrance to buy others currencies.

Indeed, Bitcoin might be seen as "obsolete", but he's not that useless.

And just another thing : bitcoin is still a good store of value versus others cryptocurrencies, and that's because it have many much more people on the market. More people are on a market, more stable it will be.

Just compare bitcoin cash and bitcoin on the same price : bitcoin cash fluctuates much more than bitcoin with the same price, mostly because there are less people who trades bitcoin cash.

So yeah, bitcoin is still usefull, even if it could be replaced 

At 50%, I think it's too late to sell at loss. If checking these prices scares you, just hold on and try to avoid to check prices

If you still believe in the project, you can buy a bit more to lower your average investment per coin, but do that only if you still think the coin might have a future. It's risky but with serious projects, it can be a good idea.

I see that as a neutral news, with its positive and negative effects.

Yes, this is better than a global shut down, but in my opinion this can hurt cryptocurrency mind, which is to avoid banks and financial system. This might be positive for mainstream people, who will enter in the market more easily and with more trust.

I don't think this news will have a significant impact on the price, "good" news have less impact than negative news.

Finally, they discovered they can earn much more with taxes than banning bitcoin  

It's risk to play with arbitrage, if some plateforms have a really different price than all others, that can mean you can't withdraw the coin, so you can consider your platform as "isolated".

That was the case with Mt-gox back in 2013, which had a significative difference of price with all others. It was possible to send your BTC on the exchange, but it was impossible to cash out to your bank 

Another situation which can give a big difference is low volume coins / low market cap coins, and that's normal because if you just buy 100$ worth of a coin like this, sometimes this changes the price to +100% 

Currently with PoW, Ethereum supply is indeed infinite and growing quickly but the coin might evolve during the year to become a PoS coin.

https://blockonomi.com/ethereum-casper/

This would change a lot of things, and I'm interested to see to where the price will be driven. I think a lot of users likes ETH because of its mining profitability, so where all these miners will come once ETH will be switched ?

Currently I don't really know if PoS will reduce inflation, but that's quite sure.

Btw, I've found a thread showing ETH inflation during 2017 :

https://ethereum.stackexchange.com/questions/12501/what-is-ethereums-inflation-rate-how-quickly-will-new-ether-be-created

Seems like for me this year will be a bit weird. I don't really think this year will be good for bitcoin and altcoins prices, but bitcoin is becoming mainstream and it has its advantages and inconvenients, like states trying to control the market... This will be interesting for sure

Indeed, transactions fees are becoming cheaper again   I always check this website to see the network saturation : https://bitcoinfees.earn.com/

That's fine for people who failed and sent a transaction with low fees some days/weeks ago. That might mean the market will begin to stabilze too, as panic seller already sold and the hype is starting to calm.

Please tell me where I'm wrong but if they need to "print" tethers, that's because more and more people are using it and that's to keep its 1$ = 1 Tether value.

But I agree to your idea : we don't need that much of money to drive BTC price to 20 000$, anyway we don't need 200 billions usd  

Please edit your post and replace billion to million 

Currently with a such high market cap like this one, I wouldn't put a penny. Tron seems to be only marketing + a whitepaper at this time, which is really not enough for a 5Bn$ coin.

I don't mean the project is bad or whatever, I just mean currently, it seems overhyped and it's dangerous to enter on this market. People who entered before december must be happy anyway

Ok, thank you !

Au final je crois que la méthode était plutôt assez simple :

https://korben.info/attention-aux-arnaques-wallets-materiels-stocker-vos-cryptomonnaies.html

En gros, le présumé "hacker" a juste mis dans le carton une fausse carte à gratter avec la série de mots que l'utilisateur doit entrer sur le wallet. Sauf que bien entendu, on a pas cette carte normalement et le hacker a conservé la liste de mots chez lui aussi.

C'est plutôt simple et malin  

Hello,

As with all exchange, it's hard to say if it's truely safe or not. In fact, this is safe until a hacker proves it's not   And sometimes, even if a hacker steal some coins, it can be discovered a long time after the hack.

If you want to hold your coin in the long term, you should remove these from an exchange whatever is this exchange. The past has proven that all exchange will be hacked at least once, if it hasn't been already done. That doesn't mean the exchange will have to be shut down, but it's always better to avoid to trust other "useless" parties.