@bbc I'm not sure what you are going on about being a "Monero copy cat" after the fork?
As far as I can tell there is no real change in the relative positioning vs. Monero pre- and post-fork. AEON started out as a Monero fork/clone and had some unique changes made to it, which will remain after the fork. The only thing that is really changing is replacing the 2-year old Monero code that was the base of the original fork with a currently-updated baseline.
Actually at this point it is more diverged from Monero than it has ever been since Monero has gone full RingCT (without BP) with huge 12 KB transactions and AEON has not (which means there is a clear tradeoff in terms of smaller/cheaper transactions with moderate privacy vs. a deeper level of privacy at much higher cost). We will probably adopt bulletproofs in some manner so that divergence will resolve to partial convergence but there will still be differences. As an ongoing trajectory I don't see the post-fork copy cat argument making sense.
Yes there will be small differences, but what I mean is we cannot suppose Aeon's price to reach new highs if it only copies from what Monero is doing. Maybe the term Monero copycat is the wrong one to use. But you know what I mean. If Aeon has to ascend on its own then it has to develop its own ideas. Blockchain pruning was developed in Aeon. I reckon developing that further to be more efficient might make giant strides for the project.
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This is a trolling thread right ! Because if it is not then Hmm .. no description will suite you ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Get some charts that might look similar and clam that they will follow without take in count any other factor is fool act . You did not even put in mind you are comparing a useless coin to a coin that is the backbone of the whole crypto world whether you like it or not . Yes this is a troll thread. But taking something from @KingScorpio's analysis, we must ask are 95% of the coins in the cryptospace dead?I reckon that trolling bastard did not think of that hehehe.
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I never did believe that some conference full of corporate entities was going to create a bull for Bitcoin. 99% of the world's Bitcoin users don't care about Consensys or whatever summit is happening, I mean, hundreds take place every year, always almost filled with the same people promoting nonsense projects and talking about things the normal user doesn't care about. Yes, maybe 90% of Bitcoin is with all these business whales. But if Bitcoin resisted global regulation, why would it be prone to what a few bigshots say about it?
Also, I heard that 90% of the cryptocoin projects and platforms presented in that conference are scams. I reckon it might be like the real world 3D version of the announcement subforum hehehe.
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My note: becoming really tired of predictions. They are always wrong
More often than not, predictions of events influencing price are just market manipulation, and the news outlets are just as guilty as the people adding their whispers to the rumors. This case could easily be such a contrivance, I'd never heard of the Consensus conference until this year While others who make those predictions are just trying to look for some recognition in case they are correct. But the thing I noticed is they are more correct in bear market predictons than bull market predictions hehehe. Why is that?
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@stompix. Maybe, but it appears that the SEC has run out of better ideas on how to solve the problem. They used to act from a position of power. What happened? Are they self-deprecating?
@stomachgrowls. If this was done earlier, would it have stopped some people from investing in Ethereum? ETH does not pass the Howey test.
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@boomboombazooka. Yes I hope so. Aeon has been around longer than most other altcoins but the newer coins have 10x more value in marketcap only because they are marketing their coins well.
But if we look at Aeon, we have nothing. After the code rebase, it will be a Monero copy cat once again. I hope that will change as it develops.
And how is that wrong actually?? it has monero features but with "light" mining algorithm that makes it easier to mine on any device, and thus make the network stronger. However being so far behind xmr with the algo implementation I have a feeling that a huge dump is going to happen around the fork; those asic miners that are raping the coin right now will get rid of it as soon as it makes the changes How? It is very wrong. A proprivacy cryptocoin like Aeon is depending on real usage for it to become more valuable. We in the Aeon community are not only supporting and holding it because it will grow our investment, but we are also here with the hope that Aeon will be another widely utilized coin like bitcoin. But how can we achieve that by being a Monero copy cat? Then the users would preferably use Monero. It has more volume, more nodes and a larger community.
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What talk of regulation? Those rumors developed to be nothing but FUD masterminded by the bitcoin news media so that they can get more hits on their own cryptonews websites. The Upbit raid was also FUD, it was nothing but a misunderstanding. The no bitcoin rally situation days before, during and after Consensus might be because of something else. But what? Tom Lee of Fundstrat Global Advisors, one of the industry’s best known analysts, noted prior to this week’s Consensus conference in New York that Bitcoin was relatively cheap and said it was poised to rally even more than in past years. After an initial gain on Monday, the biggest digital coin has slumped.
To be fair, Lee did include a caveat, saying that that talk of regulations for Bitcoin and other cryptocurrencies could damp enthusiasm. While there were several panels on regulation at the conference, there were few fresh insights. Lee didn’t immediately respond to a request for comment by phone or email Wednesday.Read in full https://www.bloomberg.com/news/articles/2018-05-16/bitcoin-true-believers-still-waiting-on-conference-fueled-rally
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@Kimi80. Soft would be the safer tire choice with 24 more laps to go. That might be too much laps for those tires for some drivers, but we already saw Sebastian run on track longer with overused tires and it got him the prize hehehe.
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This Howeycoin move made by the SEC is very perplexing. What are they doing? I reckon it might be an acceptance in their inability, and knowing that they cannot do anything to shut down the cryptospace, scam ICOs included. If really true then real disruption is about to come. The U.S. Securities and Exchange Commission wants to ensure investors can identify fraudulent initial coin offerings - even if it has to launch its own to do so.
The regulator announced Wednesday it has launched a mock ICO called HoweyCoin, presumably named after the Howey Test, which "touts an all too good to be true investment opportunity."
However, the company notes, "the offer isn't real." Users who try to invest in the token sale will instead be redirected to the regulator's education tools, which are aimed at pointing out the signs of fraudulent token sales.Read the full article https://www.coindesk.com/the-sec-just-launched-a-fake-ico-website-to-educate-investors/
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Also this brings the bitcoin versus gold, and the bitcoin as a store of value first versus as a medium of exchange first debates.
I reckon bitcoin is more of a digital gold to be used as a store of value first and as a currency next. Some altcoins like bitcoin cash consider their coins as mediums of exchange first and store of value next.
Bitcoin is seen as a lucrative store of value now as opposed to being use as a currency because of its nature being volatile and speculative. Being still in its infancy, bitcoin has yet to find its true value and since the speculation of some experts in this industry is positive, people would just choose to hold their coins instead of spending hoping that one day, it would become valuable and they wouldn't worry in their retirement age anymore. But that is the problem. As an investment that's more closer to speculation, the cryptospace feels right. But as an longterm investment and putting all your hopes and dreams in the cryptospace for your retirement feels wrong. Maybe at length, Warren Buffet was right about bitcoin as more of an asset for speculation.
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@DuffyDuck1. What are you talking about? Aeon will hardfork to the new software on May 28. That is only 2 weeks from now. You should buy some before the rebase at all costs or regret not hodling hehehe.
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@Kimi80. I did not watch the race but did Sebastian's 2nd pitstop done under the virtual safety car? That usually happens because they see it as an opportunity to change tires with not too much risk because overtaking is not allowed.
Also how many laps to go and what tires did he use?
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But frankly I would preferably have Megan Anderson than Cyborg to watch on every featherweight women's championship fights hehehe. Cyborg is very hard to look at. She looks like a man!
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That is another way to gauge if there is some interest in an Ethereum futures market. I reckon there is and the Wall Street whales must be saying that the cryptospace is ready for harvest hehehe.
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I'm a millenial and it's the best option compared to other companies that offers retirement investment. I have seen a lot of them went bankrupt so I would definitely go with btc that I really own and not in somebody's control.
Really? What cryptcoin projects are you invested in and planning on investing in? The millenials might also be making a very huge error in judgement by speculating in the cryptospace for their retirement savings.
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Also this brings the bitcoin versus gold, and the bitcoin as a store of value first versus as a medium of exchange first debates.
I reckon bitcoin is more of a digital gold to be used as a store of value first and as a currency next. Some altcoins like bitcoin cash consider their coins as mediums of exchange first and store of value next.
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ignorance to the max,this is same as if we attribute wind to the fact that the trees are moving miners produce less than 5% of any large exchange trade volume daily,even if every single bitcoin they mine is sold,it would not drive the price up or down too much according to the writer's logics if the price of electricity rises to 100$ kw/h,the price of bitcoin will go up 1000 times? it is in no direct correlation with the hash rate and as soon as the cost to mine the coins is way too high,the difficulty will drop,selfregulating if the price soars to 64k next year (which I highly doubt,by the way) it will be due to a host of different factors
Agreed. The price was never influenced by fundamentals alone. I reckon it has more to do with speculation, hype, pumping and fear of missing out by people buy and selling as a collective. It is the market that decides the price.
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I wish to see a combined 10 trillion marketcap for the whole cryptospace and a global financial crash on mainstream investments like stocks, bonds and commodities, followed by a 10 year bear market.
I reckon that would surely make them change their statements on the cryptospace because those hypocrites love nothing else but profit. They would probably start saying dogecoins are a good investment, buy some hehehe.
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@peter0425. Yes Dana's comeback script planned for Anderson will not be realized because Anderson is simply too old. There are other fighters better for that script, like Jon Jones and Ronda Rousey.
In any case, the main card will start in 15 minutes.
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Aeon is now down under 20k satoshis. I cancelled my remaining orders to buy on and below 15k satoshis. I reckon if it goes down there it might take another long time to go back over 20k
I am very disappointed in Aeon's performance in the market.
slight bounce on bittrex, we shall see.. Agreed. But it is really not very convincing to buy more Aeons. There are better cryptocoins in the market that can give you a better return on investment. Also Aeon's volume has to improve. It is hard to buy 1000 coins without moving the price.
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