Bitcoin Forum
June 21, 2024, 10:30:00 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 [5] 6 »
81  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] SONM - Supercomputer Organized by Network Mining (GRIB technology) on: June 04, 2017, 10:05:33 AM
A must read for everyone into the blockchain space, especially startups and potential investors into ICOs: http://startupmanagement.org/2015/02/07/the-bitcoin-startup-ecosystem-is-frail-beware-of-the-next-crash/
82  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card on: June 04, 2017, 10:04:06 AM
A must read for everyone into the blockchain space, especially startups and potential investors into ICOs: http://startupmanagement.org/2015/02/07/the-bitcoin-startup-ecosystem-is-frail-beware-of-the-next-crash/
83  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌟⚡⛏️💰[ANN] Giga Watt: Best Home for your Mining. Starts today! on: June 04, 2017, 10:02:05 AM
A must read for everyone into the blockchain space, especially startups and potential investors into ICOs: http://startupmanagement.org/2015/02/07/the-bitcoin-startup-ecosystem-is-frail-beware-of-the-next-crash/
84  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem on: June 04, 2017, 09:57:57 AM
A must read for everyone into the blockchain space, especially startups and potential investors: http://startupmanagement.org/2015/02/07/the-bitcoin-startup-ecosystem-is-frail-beware-of-the-next-crash/
85  Economy / Economics / Re: The future of the paper money on: June 04, 2017, 09:26:39 AM
A must read for everyone into the blockchain space: http://startupmanagement.org/2015/02/07/the-bitcoin-startup-ecosystem-is-frail-beware-of-the-next-crash/
86  Economy / Economics / Re: The future of the paper money on: June 04, 2017, 08:38:06 AM
I think the paper money in the future will replace, this is because the State will use digital money, fundamental things that must be resolved is the paper money of the crime-prone and could not be controlled.
No. Paper money will still exist along with cryptocurrency because people still need paper money to use for many small purposes in the real life. And we still need someone to control the money so that they can authorized the transaction and avoid scammers

I second this. Also, when I think about if paper money can be removed completely, many issues come up, like how do you leave a tip, or in many places, paper money is given as a gift, or as a feeling of gratitude. So, may be it will be possible to limit the amount of paper money to very less, and leave large transactions to digital.

The biggest problems with paper money is it's untraceable and unaccountable. So, once it's printed, you have no way to know where it went, leading to a black economy and corruption. So, if it's circulation is discouraged, and some incentives given for digital transactions, then it could be possible to limit the amount of paper money.
87  Local / India / Re: Please suggest a cloud mining service on: June 02, 2017, 08:40:27 AM
There is also Nice Hash, which I believe is legit but it's too complex for beginners. I could not wrap my head around it and had to leave it ultimately. So, just sticking with the 3 services mentioned above.
Nicehash is miner software/platform where different miner contribute to make strong mining power.they pay you for selling your mining power to them and other can buy them.i should warn you irrespective of anything do not opt for cloud mining,even if it is legit or trend be legit.

In what sense are you warning? Is it that it could be a Ponzi and run away with all your investments, or in terms of ROI?

What will happen to miners hashpower after the Segwit is activated? After 1st Aug?
It not confirmed yet that segwit will be activated in august ,there where rumors regarding it ,some are saying it will happen in September (2 mb concept).if there is a confirmed news regarding it kindly enlighten me.

Here are some news on the scaling debate: http://www.coindesk.com/bitcoins-segwit2x-scaling-proposal-core-developers-react/

News on the UASF are in this article: http://www.coindesk.com/bitcoins-segwit2x-scaling-proposal-startups-stand/
88  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem on: June 02, 2017, 08:06:14 AM
Bancor ICO is starting on 15th June!

Where is source of news ? Do you have a link ? The new story I've been waiting for a long time .

Here is where I read it:

1. https://tokenmarket.net/blockchain/ethereum/assets/bancor-network/
2. https://www.coinschedule.com/

Not official yet, but could be true considering they officially stated that ICO will happen in mid June.
89  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem on: June 02, 2017, 07:47:22 AM
Bancor ICO is starting on 15th June!
90  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem on: June 01, 2017, 09:14:55 AM
We already have token platforms like ETH or WAVE.
Do you have a good reason for using Bancor instead?

So far, nobody could answer my legit question

Copy-pasted from an answer on reddit: https://www.reddit.com/r/Bancor/comments/6dpmhm/bancor_vs_waves/

it is very possible for both Bancor and Waves to thrive as they only compete on some aspect of their use cases, and are potentially complimentary so long as both ETH & Waves blockchains thrive.

Their competitive aspect lies in the fact that both Bancor & Waves aim to be the creation medium behind a whole slew of new tokens representing countless new types of value.

Bancor has two major differences to Waves here:

The first is that Bancor tokens are fully liquid from day one. So even if its some tiny token that never aims to become worth millions or be traded on a large scale... it's still always immediately exchangeable for any other coin or token on the entire Bancor network (including ETH and every major ERC20 token)

Waves has their decentralized exchange, of course, but it still requires that you find a second party to trade with, which rules out small-market-cap tokens.

The second is that Bancor is build on Ethereum tech. At the moment, that means we're backed by a more developed & successful blockchain, and therefore have a larger set of currencies and of users to launch with.

However should Waves succeed and become a widely used blockchain of tokens, the two can indirectly collaborate. Tokens on both Ethereum and Waves blockchains can be 1:1 tokenized for each other. Waves Token backed ERC20 tokens could use the Bancor network for liquidity & as reserve tokens.

Thank you Razzaberry. Very nice way to put it, rather than speculating on what's different.

The way BAT was scooped up in 30 seconds yesterday, do you think Bancor would face the same fate? In that case, investors will have to very prepared, or be left with nothing...  Embarrassed
91  Alternate cryptocurrencies / Pools (Altcoins) / Re: Choosing a mining pool on: June 01, 2017, 09:12:56 AM
It would be VERY helpful, if you would tell us, which currency you want to mine.
Not every pool supports every coin.
Without more infos we canīt help you.


I want to mine Ether. Then what would you suggest? I was more of looking for a high level approach at choosing a mining pool, regardless of which coin I want to mine, but in my current case I want to mine Ether.
92  Local / India / Re: Please suggest a cloud mining service on: June 01, 2017, 09:10:51 AM
There is also Nice Hash, which I believe is legit but it's too complex for beginners. I could not wrap my head around it and had to leave it ultimately. So, just sticking with the 3 services mentioned above.
Nicehash is miner software/platform where different miner contribute to make strong mining power.they pay you for selling your mining power to them and other can buy them.i should warn you irrespective of anything do not opt for cloud mining,even if it is legit or trend be legit.

In what sense are you warning? Is it that it could be a Ponzi and run away with all your investments, or in terms of ROI?

What will happen to miners hashpower after the Segwit is activated? After 1st Aug?
93  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem on: June 01, 2017, 09:09:09 AM
We already have token platforms like ETH or WAVE.
Do you have a good reason for using Bancor instead?

So far, nobody could answer my legit question

Copy-pasted from an answer on reddit: https://www.reddit.com/r/Bancor/comments/6dpmhm/bancor_vs_waves/

it is very possible for both Bancor and Waves to thrive as they only compete on some aspect of their use cases, and are potentially complimentary so long as both ETH & Waves blockchains thrive.

Their competitive aspect lies in the fact that both Bancor & Waves aim to be the creation medium behind a whole slew of new tokens representing countless new types of value.

Bancor has two major differences to Waves here:

The first is that Bancor tokens are fully liquid from day one. So even if its some tiny token that never aims to become worth millions or be traded on a large scale... it's still always immediately exchangeable for any other coin or token on the entire Bancor network (including ETH and every major ERC20 token)

Waves has their decentralized exchange, of course, but it still requires that you find a second party to trade with, which rules out small-market-cap tokens.

The second is that Bancor is build on Ethereum tech. At the moment, that means we're backed by a more developed & successful blockchain, and therefore have a larger set of currencies and of users to launch with.

However should Waves succeed and become a widely used blockchain of tokens, the two can indirectly collaborate. Tokens on both Ethereum and Waves blockchains can be 1:1 tokenized for each other. Waves Token backed ERC20 tokens could use the Bancor network for liquidity & as reserve tokens.

Thank you Razzaberry. Very nice way to put it, rather than speculating on what's different.
94  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem on: May 31, 2017, 04:14:11 AM
Wasn't the token sale supposed to happen yesterday? Huh
95  Local / India / Re: Please suggest a cloud mining service on: May 30, 2017, 08:01:48 AM
There is also Nice Hash, which I believe is legit but it's too complex for beginners. I could not wrap my head around it and had to leave it ultimately. So, just sticking with the 3 services mentioned above.
Nicehash is miner software/platform where different miner contribute to make strong mining power.they pay you for selling your mining power to them and other can buy them.i should warn you irrespective of anything do not opt for cloud mining,even if it is legit or trend be legit.

In what sense are you warning? Is it that it could be a Ponzi and run away with all your investments, or in terms of ROI?
96  Alternate cryptocurrencies / Pools (Altcoins) / Re: Choosing a mining pool on: May 30, 2017, 07:13:20 AM
It would be VERY helpful, if you would tell us, which currency you want to mine.
Not every pool supports every coin.
Without more infos we canīt help you.


I want to mine Ether. Then, how do I choose a mining pool?
97  Alternate cryptocurrencies / Pools (Altcoins) / Re: Choosing a mining pool on: May 29, 2017, 10:23:38 AM
It would be VERY helpful, if you would tell us, which currency you want to mine.
Not every pool supports every coin.
Without more infos we canīt help you.


So, I don't have a physical miner but I wanted to explore NiceHash. So, for that we have to join a mining pool then rent hashpower. So, in this case which pool would I join? My criteria would be the most profitable, stable and reliable mining pool.
98  Local / India / Re: Please suggest a cloud mining service on: May 28, 2017, 10:39:45 AM
There is also Nice Hash, which I believe is legit but it's too complex for beginners. I could not wrap my head around it and had to leave it ultimately. So, just sticking with the 3 services mentioned above.
99  Economy / Service Discussion / Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ on: May 27, 2017, 07:08:00 AM
Bla Bla Bla Bla...

That part were the only words that made sense.

Not every cloud mining is ponzi, only (almost) every cloud mining (legit or not) is a bad investment.

I don't think cloud mining is a bad investment. If you had invested in Ether/LTC mining before the recent price rise, your previously mined coins would suddenly be worth lots more leading to a good ROI on the cheap mining plans, when the coin prices were low.
100  Local / India / Re: Please suggest a cloud mining service on: May 27, 2017, 06:28:50 AM
I have been involved in cloud mining and I can vouch for 3 services as being legit:
  • Hashflare - Investing in Scrypt mining was worth it before, but since LTC increased in price, they raised the Scrypt prices
  • Hashnest
  • Genesis Mining - Their Ether mining is worth it currently
Pages: « 1 2 3 4 [5] 6 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!