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@Baofeng. Fedor did not make a lot of money I reckon. Most MMA fighters of his era were not paid as high as they are paid in the UFC these days.
I expect Conor's retirement after making another $100 million from fighting Khabib and Nate Diaz hehe.
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It's quite funny how suddenly all predictions seem to go far beyond the $100,000 level, while not that long ago the general thought of investors was that a decline to $4000 would be necessary to start recovering. If we start thinking about various possibilities and scenarios, then Bitcoin could easily exceed $1 million in 10 years, but all of that is irrelevant right now. I currently add more value to the price to settle above the $10,000 level for ever, because that's not something I see happen this year. Yes, we might see the market increase well beyond the $10,000 level this year, but that doesn't mean we won't tank below that point again. Let's focus on step 1, then step 2, etc, and not from step 1 to step 50....
They might have finished accumulating some coins and have now started the marketing and hype stage hehehe. It is really a common strategy used by institutional investors and investment banks to make a lot of money in the stock market. They are brining the same strategy in the cryptospace. Also, if they say their target on $700,000 then they might dump before that on $500,000. |
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While there are multiple threads up about this, it's important so I will write again:
always check that the little green lock next to the url bar is green!
you can also download MyEtherWallet and run locally!!!
Or you could just not use MEW and switch to something more safe and secure What would your suggestion be? I reckon it would be the same problem with all webwallets if servers are not configured and secured properly. Running MyEtherWallet locally in a secure PC is the most secure way to access an ETH wallet. It's unfortunate that these issues are so persistent in our large community. We are all family, we all make each other laugh with memes during market crashes, etc. We DESERVE better. Wallets and interfaces alike need MORE features to prevent scam and phishing while also providing a breakthrough in security that ensures safety. Personally, I use Blue Protocols chrome extension wallet. It is NEVER ran through a server while also having address blacklisting, whitelisting and more. Most importantly, they're working on implementing what they call a DECENTRALIZED 2FA. When that happens, it will be a HUGE step for crypto security and safety. There was a hack on one of the DNS servers, so it was not all MyEtherWallet's fault. The same hack can happen in any webwallet. In any case, now you know why it is very important to run your wallet and use your private keys locally. |
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Sometimes I worry that good cryptocoins with better development teams will not get the attention of the community anymore because they lack marketing, while ICOs that are not as good but have millions in funding for marketing will be the coins that make it.
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EIP999 was shutdown with the NO votes winning by a small margin with 55%, the YES votes had 39.4% and the don't care votes had 5.6%.
But that is not the only propsal that seeks to unlock the Parity funds and do any future bailouts. There as the more potent EIP867. Do not be distracted.
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XRP. I sold it very low the other year and we saw it go to $3.00 per token last year. If I was patient and waited, I would have earned myself on a 1 year vacation hehehe.
The lesson here is centralized cryptocoins pump the highest hehe.
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While there are multiple threads up about this, it's important so I will write again:
always check that the little green lock next to the url bar is green!
you can also download MyEtherWallet and run locally!!!
Or you could just not use MEW and switch to something more safe and secure What would your suggestion be? I reckon it would be the same problem with all webwallets if servers are not configured and secured properly. Running MyEtherWallet locally in a secure PC is the most secure way to access an ETH wallet. |
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I think we are ASIC resistance  Byteball is not resistant, ASIC only works with Proof of Work cryptocurrency in which clearly Byteball is not. So, the apt word is incompatible. Anyway, crypto mining is unsustainable, it will be obsolete soon. Crypto mining is already obsolete, but people living in a world of dreams didn't realize it yet. It is probably destined to disappear almost completely. Not only it's energetically unsustainable, but with ASICS it ends up violating the whole idea of decentralisation which is at the basis of the concept of cryptocurrencies as a shared and distributed ledger of transactions. Byteball is not ASIC resistant, it's ASIC indifferent, just as it's hamburger indifferent or strip-tease indifferent: you can't be resistant to a category you have nothing to do with. That is highly arguable. Proof of work is still the best way to decentrally come to network consensus. To say that it is obsolete is improvident and shows a lack of understanding in decentralized cryptocoin protocols. But yes, I do agree that ASICs hurt the system and that there is a need for other cryptocoin experiments like Byteball. It brings us forward. |
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@Juggy777. I reckon Tyrion. He was not happy when Jon Snow went into Daenarys' room to have incestual sex. Tyrion's face showed disapproval and he might also be jealous hehehe.
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Who does everyone reckon beat Edson Barboza better, Khabib or Kevin Lee hehehe. Poor Edson.
In any case, Kevin's win might call for a rematch versus Tony Ferguson, before Tony can be considered good to challenge for the lightweight title.
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Maybe he is the top market manipulator in the cryptospace and has connections everywhere to make sure that a trillion marketcap for bitcoin happens hehehe.
@aso118. Agreed. He is a visionary.
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I reckon categorizing ETH, XRP and some of the rest as securites and labeling them to fall under the SEC's regulatory rules in America would stifle innovation and would also scare the innovators away out of their country. I have expressed some disapproval on some ICOs, but it is in my opinion that they should be given some room to move and innovate.  Mr. Gensler, 60, has recently gone to work at the Massachusetts Institute of Technology, where he will write and teach about the potential he sees for blockchains to change the financial world.
He will also use his position to warn about how many of the current projects in the world of virtual currencies, including some of the biggest, are likely to face a significant moment of reckoning with regulators.
Mr. Gensler is set to say in a speech at M.I.T. on Monday that the second and third most widely used virtual currencies, Ether and Ripple, have most likely been issued and traded in violation of American securities regulations.
"2018 is going to be a very interesting time,” Mr. Gensler said. “Over 1,000 previously issued initial coin offerings, and over 100 exchanges that offer I.C.O.s, are going to need to sort out how to come into compliance with U.S. securities law.”
The people behind both Ether and Ripple have argued that their tokens are not securities. But there are signs that the S.E.C. could be receptive to Mr. Gensler’s argument. Regulators have indicated in private meetings with industry participants that they are considering whether Ether should be categorized as a security.Read the full article https://www.nytimes.com/2018/04/22/technology/gensler-mit-blockchain.html |
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Kraken seems to be doing this, just to prove a point. It is interesting to note that there are no concerns about confidentiality of customer information or any such issues. This will end up in court as usual and Kraken might end up spending up more money and time defending their case, than they would have in providing the information.
In reality, that might happen. But idealistically Jesse Powell is doing us a favor by fighting for the users and the exchange's right to keep its users' information private. But maybe he is also trying to hide a big money laudering whale hehehe. |
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@LTU_btc. But where would Lewis go if Mercedes were to lose him after this season? There is only once place to go, and that would only be to Ferrari, I reckon.
Also, a Lewis and Sebastian team up is not that impossible if you consider Ferrari's history of hiring 2 first class drivers at the same time.
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The votes are 70% for yes and 30% for no with only 2 days left to go. Well I reckon the community has spoken. But whether Vitalik and the Ethereum developement team decides to fork and restore the Parity funds is another problem. The memories of the DAO might still be fresh in their minds hehehe. I hope they hardfork. It might become another good show.  The question we’re asking is how might markets react following the final result this Tuesday or Wednesday. And of course we have no crystal ball, so we might get it very wrong. However, we’ll try think it through logically as we see it.
The first, somewhat unknown, is how will “leaders” react. Public blockchains are of course decentralized, no one has the means to enforce anything, but that doesn’t mean leaderless. There’s some difference between say Buterin, or Gavin Wood, and just some guy, with “leaders” kind of setting the tone for the rest.
Will they respect the result? Is very much the main question. We think they should, because there is no better decision making mechanism, no better way to get to a yes or no.
But it is very easy to dismiss the result. The remainers in Brexit are trying to do that by saying they didn’t really know what they were voting for. In America, of course, we had that all “not my president” thing.
But he is the president, and Britain is leaving, because the only way to reach a somewhat objective decision where all can respect it is by allowing all to voice their opinion on the vote and then have a norm where they have to accept the result. Otherwise it’s chaos.Read the whole article https://www.trustnodes.com/2018/04/22/ethereum-takes-620-might-parity-vote-affect-markets |
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@scalvo98. Aeon is a longterm investment, not like most of the ICO tokens that everyone lately loves trading so much.
But you want quick profits, you can trade some of your Aeons to bitcoin, make some trades, then save your profits in Aeon.
@Febo. Do you know a trading tool that shows the mean of something in the chart? I reckon it would be a better indicator if Aeon is under or overperforming versus bitcoin.
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Even if Visa is able to handle 24k transactions per second, how much are the costs and who pays for them?
Most of the transactions are related to businesses, so it's safe to say that every Visa transaction deducts a certain percentage of the sale value. It also depends on the service you are using that's based on Visa, which in that case might cost you more, but on average I would say they take around 2% of each transaction. In some cases people purchasing stuff through credit cards have to pay a fee as well, so overall, Visa can earn up to 3-4% of the value in total from one single transaction. And aside from that, there are more types of transactions they heavily earn from, which in some cases can bump the fees to even 5-6%. Now hold that in mind and try to think about it in a decentralized setting. Who then should pay for the costs of a decentralized cryptocoin network if we want fast and almost free transactions?
Users, obviously. Whether people deal with on-chain transactions or off-chain transactions, block space will always be required, and those who want to obtain a spot in a block will have to pay for it, which again, are the users. Thank you for that reply hehehe. But there is one bitcoin fork that implies that unlimited block sizes are possible to scale the network and keep fees very low at almost zero. Who will incur all the costs in that scenario? |
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Aeon is still trading under the longterm trendlines which happens occasionally. But the upsetting part for me is, this time, it is below the lower trendline for a longer period of time than usual. Also, the volume has not changed substantially to be considered that interest is going up for the project.
Those lines need an update. You have different datas then you had months ago when you draw those lines. Now use all datas you have now and draw new lines. Yes but I reckon we cannot be subjective about Aeon's trajectory by changing the forecast just because we want to see what we want to see. I will stick to the original trendlines as a guide of where we should be, not change them to show where we are. But changing them lower as Sparkit did also lowered the forecast, don't you agree? Also, this is the point where I am starting to fear for altcoins in general. If they cannot sustain their momentum and bitcoin sustains its momentum and pumps, we might see the whole altcoin market in the red. |
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Now I ask, wouldn't it be better if we went straight to the ASIC friendly, but easier to commoditize mining chip production algorithm, than going through hardfork after hardfork?
Agreed. Monero's idea of slightly altering the PoW parameters every X months is just whack-a-mole, and doesn't sound like a proper development plan for any serious tech person. On the plus side, at least they are admitting that the PoW they devised to be ASIC-resistant in the past isn't very resistant now, because (omg) technology moves on. (Gosh, is it really 7 years since we developed the first Bitcoin FPGA miners? I still have that dev board lying around.) Yes, Fluffypony's justification is because Monero is still a small network. But then are they also planning for the longterm future of the project? Of course, and I reckon they should make determined efforts to deal with ASICs now than going for short term solutions in between. But if they are doing it to buy time for their ultimate solution then good on them. They are one of the best development teams in the cryptospace for a reason. |
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