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Simple concept. Buy into the coins that don't try to hide the fact they are useless pieces of shit. I'm talking coins like Memetic and Trumpcoin. I always seem to do better investing in the shitcoins open about being shitcoins than the ones who claim to change the world. Thoughts?
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Yeah, XMR isn't looking too hot. I guess in the context of the recent price fluctuation it is like houses. Shot up steadily for quite some time until the bottom fell out. Embarrassed to say I put a long in for XMR near the peak, now I'm enjoying some solid loss.
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What was iconimi"s ico price anyway? It would be cool if someone makes a list of all ico"s so far,how much was the price during ico and current price.for example: lisk ico price-7.5c-current price-18c. and so on . I think ETH ico price and all time high was 88x  Is Lisk still doing well? I thought it kind of died off? Good to hear, I suppose. As long as an ICO does well every now and then, dumbasses will continue to funnel money into them. |
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Just looking at an ICO and after reading your post I am interested in buying one now because on yobit they have one called BASH that has just started. So I think I will take the plunge and try my luck into this brave new world.
Don't buy into an ICO just to buy into an ICO. Especially Yobit. Any ICO hosted on yobit is a pretty surefire way to lose money. Bots dominate that marketplace, anyways. |
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Good joke. Anyone trying to get into Steem now might as well throw money down the well instead. Same concept and if you throw it down the well you can visually see your money disappear which is kinda cool. |
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The idea of forcing "Jane and Joe" into the crypto world is inherently flawed. Any system that thrives off of the non-savvy community is destined to fail. Adoption will come to the commoners after everyone else, it's the only viable way.
With that being said, fuck steem and fuck anyone who tries to make a clone.
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"the new cryptocurrency is "as safe as houses,""
Um... what? Safe as houses? You mean the same asset that caused the global recession in 2008? Holy fuck I hope this is a troll and not the developer's actual words, that's fucking embarrassing.
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USD, Euro, Yuan, etc. etc.
Oh, you meant crypto? None. They are killed shitcoins for a reason. Bitcoin is the only one with long term value.
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Good to see you found an altcoin you have faith in. That's definitely a huge positive to have in any altcoin, and at least for me personally, not one that is easily found.
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Been super busy lately, so I still haven't gotten around to trying this site out, but I'm definitely going to get around to it soon. Lots of potential in 1xbit.
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That is interesting experiment, but most of the people are money hungry and it may be difficult for non-profit community driven project to attract attention even if it is deserved.
"non-profit"? you are aware of that basically ALL cryptos are non-profit, apart from crap like ripple and onecoin and stuff like that? or who "owns" BTC in your eyes? its CEO?  there simply are no "for-profit" coins as nobody is interested in that stuff. Well, scams are always for-profit, which among altcoins there're plenty of, if not the most part. But decent projects with an interesting tech always gain traction unless the developers make some bad mistakes. Any coin with a premine or ICO is for-profit, which is essentially every coin out there. Most are for-profit nowadays. In the same vein, I'd argue most altcoins are scams, too. |
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It was dead from the beginning with infinite supply. All your investment simply goes downwards over time. This coin is like every other altcoin - buy low; sell high; never hold it for too long. Just let others be the losers.
Amen to that. Dogecoin is a meme, a shitcoin, and it doesn't hide it. None of those types of coins should ever be considered longterm, and DOGE is wayyy past it's expiration date. |
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If you want to make 5x profit down the road 50/50 BCY/GAME. I said this at the beginning of summer and they both shot up immensely in value. Both have since settled down and it is a good time to purchase both again.
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Can anyone give me a TL;DR rundown of the current state of Factom? Wrote some articles on it back around launch time, but haven't seen too much about it since. Did the whole land registry thing fall through?
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Is it Bitcoin?
Is its symbol XMR?
If you answered no to the above questions, then it's a shitcoin. You can use this template to determine the legitimacy of any other altcoin on the market, too.
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All good currencies are used for things that may not be legal in all jurisdictions. Bitcoin is no different in those regards. And, bitcoin is not as anonymous as may be assumed as far as transaction activity is concerned; in fact, every bitcoin transaction is recorded on an immutable ledger and distributed to anybody who wants it. Bitcoin transactions cannot be as opaque as cash transactions which remain the preferred currency for black markets.
things what make a lot of people make bitcoin as their favorite currency to make an illegal transaction are due its anonimity in term you will like invisible when you received or send money you will not have to see a name , address etc that any other currency required. this is the only thing that mostly misused. But, cash leaves no trail at all. Bitcoin transactions are recorded in a ledger, are not righteously fungible, and can be traced using advanced blockchain analytics....Plus, converting bitcoin back to a more preferred currency opens the door to post transaction identification methods. Bitcoin is not as suited for illegal transactions as many may assume. You can hide your identity through mixing services and using new addresses, however. If you want anonymity with Bitcoin it's certainly possible, just not an automatic guarantee. |
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the interesting thing here is that even after 6 days from the start of this topic (this news) the price is even lower down to $5.99 = 0.0093BTC i have to say this but i think the monero rise is now officially over and we can no longer see 0.02BTC like before for a long time.
I think it's establishing a floor right now. I put in a long at .013 which sucks, but I'm confident Monero will surge at some point in the future once again. Unlike 99.9% of altcoins out there, Monero actually sees legitimate usage. That's invaluable in the altcoin economy. |
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Private blockchain- so essentially just a tool for them to execute internal processes more efficiently. Cool if true, but not really significant for us in the altcoin department.
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If well-established bloggers migrated onto Steemit...
They won't. Far upthread, I quoted a well-established blogger who posted a comment (or a blog, I forget) to Steemit, who explained the economics well. Bloggers go where the readers and economies-of-scale are. Medium has 25 million readers. The hen-and-egg dilemma has to be addressed in a very well thought out way. It is insufficient just be a good programmer and fake your way into being an experienced Internet marketer. Plus why would any established blogger abandon their current success to work for pennis on steem? 99% of content there supports 1%- or rather, .01-.1% of the userbase. It's literally the masses working to line the pockets of the few. It's a backwards, top heavy economy. |
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I bought into XEL before the disclaimer that "THESE ARE DONATIONS ONLY" were put on the ICO page, as well as the restrictions from US based individuals from "donating" (I am from US). Should I be concerned?
altcoins are high risk investments I think you are not aware of this. 100% loss is not unlikely. Having this mindset, I am not concerned at all about this great project Oh believe me, I understand how altcoin investing works. I am sure I have a broader experience with altcoin investing than you. With that being said, my concern lies in disclaimers and restrictions being added to the ICO campaign AFTER I made my purchase. It I remember correctly, the original Elastic project was abandoned at some point (at a point where the ICO already started) and Lannister took over. Don't ask me how this all happened exactly, I didn't follow Elastics development closely at that point. I agree that there is a point of concern which could potentially need some solving, but as there is no real dev team, "someone" would have to come up with a solution and the community would have to vote on it (which is possible via the voting system used before). Okay gotcha, that makes sense. I just threw a bit of BTC in without really doing much research. Good to know there are still people working on getting XEL to mainnet, however. |
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