Despite the bad press of airdrops with new altcoins, this is most recently because they are actually bounties given for simple activities - posting a Tweet or simply replying with addresses from newly-created coins. To me this is just a form of marketing and does harm the price and value.
But airdrops in the past were a way of trying to create fairer distributions. Some devs didn't like the ideas of premining or holding tokens in ICOs that forced people to buy them.
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I don't believe the mining ban will happen. I also don't believe they need legislation to do it, they can find existing rules or just express their displeasure.
Only suicidal idiots would carry on.
I also don't see how some guy who works in finance has the slightest clue about the internal workings of the chinese government.
Remember, bans can be lifted. The Chinese government has so far enforced bans, which it later lifts, when it comes to Bitcoin and crypto currency. The bans are usually just to keep things stable while they do their work. I too do not see the connection between a hedge fund manager and government news waiting for release. But that is exactly how connected people work, to be honest.
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One of the very rare tokens these days to rise immediately after the end of its ICO. Also significant jump of price, I might add. But what are you guys on about? Look at the price chart here and it shows nothing about this so-called 5x rise,,, in fact, it shows steady drop. Want to explain guys?
Also take a look at the volumes. Very thin in my opinion.
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That is the only differentiation with the majority of ICOs, that you need their tokens to buy/trade for their services. But this is really not much different from some MLMs, where you need certain points or levels to buy some of their products, forcing you to collect or refer people. This is one reason why the authorities are concerned and see ICOs as pyramids or MLMs.
Worse, some ICOs issue tokens that you can do nothing with!
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In my opinion, it will be very successful. It is the first ICO from Neo platform. Red Pulse is based in Hong Kong and they will be selling the token and follow all the rules and regulations. They have also hired a team of Hong Kong advisors from a "Big Four" accounting and advisory firm as well as outside legal counsel to advise on the entire ICO process as per their announcement in the Slack. Also they are only raising $15 million during the ico. Their Pre ICO was for 100 people to invest $10,000 and 7000 people applied and only 100 were selected from a lottery. There is a huge demand to buy RPX and as we all know more demand more price.
Red Pulse looks like it will be at the very least a moderate success. There is too much riding on it for it to flop, so people will step in to intervene (set up accounts to "buy up" ICO) to prop up the stats. And do not fall for the Big Four nonsense. They have all been in on scams themselves over the past years. Of course, it makes it credible. Just do not take it as a guarantee of anything.
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I can understand the excitement but this still has to pass a real world test. Currently, there are at least three countries' governments I know that actively move to block content for internet users. This is China, North Korea and Iran. There could be more, but I doubt any are as active or as good as these three. If the project can show success in all these countries, even with small case studies, then I am sold.
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On one hand, you talk about math and risk. On another hand, you have a completely unrealistic timeframe of 10 days! If this "strategy" were at all possible, would not people all be doing it? Still, if you insist, then this is the way. Find a pumping group. Get comfortable. Discuss with them which coin you will pump and then join in. You should definitely double if the pump works or lose it all.
Personally. You can skip the trouble and go all in on a casino roulette. Black or Red.
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Now this is what I call interesting. How many of us can say we got into a coin at its beginnings, ready to profit when it hits $1 from a few cents? This is probably the reason that will appeal to a lot of us. The easy to use GUI. I know we all think we are experts and familiar with qt wallets, but you have no idea what a good GUI will do for the future of the coin! Javascript might also be the edge. Like you say, a lot of devs familiar with this.
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How will cryptocurrencies fare that mainly focus on tipping streamers and other entertainers online? For example, a coin with a function similar to Bits on Twitch, but with monetary value. Even if this market is small, I think it still has potential to grow as there are few coins that offer such a feature. The only one I can think of is 2Give, which provides a similar function. Are there any competitors you know of?
What I can say about the tipping "industry" is that it is very much alive and well. Dogecoin, despite all its criticisms, will continue to serve this main purpose. Just look online at any casino or place that allows Doge, and see people tipping it all the time. Even giveaways still do this. But considering purely "artistic" tipping, there are a few alts. Artcoin, if you must, is purely based on this.
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Hi, this is my first post in a forum. The reason why I have registered is to ask a question... I hear a lot about the pumps and dumps and how much it hurts the coins.
This is just an idea, and I haven't thought of a full algorithm, but I could do it too, and make some simulations. Would it be possible to create a coin that, after every transaction from account to account, it increases the amount of coins available on the market? So for example, if I put 10mil dollars into a coin, I get an increase of the same amount. That way, the coin price would stay the same. To ensure that the growth is steady, the new coins should have a decay rate so that price of a coin has a steady increase? This way, it would be possible to increase the value of a coin once the dump occurs, so it would force people to HODL onto their coins.
Just wondering, and would like to hear your opinions.
I have personally only seen one alt with this sort of concept. It is only trading at Novaexchange and Yobit. But it is only successful because I think only 2 devs and a handful of miners are the ones just really propping up the price. It is not realistic in the real world. And it will surely collapse as soon as the holders want to cash out.
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The way Poloniex works is that practically no-one puts in demands. Instead the lenders put in offers, and they get taken instantly.
You only see the demand side filled when the rates get really high and a borrower is trying to get their loan filled at a lower rate.
What I am realising about Poloniex is that you can often put in loan offers (for alts anyway) at even double or triple the available rates people are offering, especially if the volume is low. Within 48 hours, your loan will be taken. I cannot say why the reason is for this, but I think what you say is correct. You start the ball rolling, others beat your interest rates and then suddenly there is demand.
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IMHO, Onioncoin (look at my signature) it's a nice choice. Nice and strong community, good team and one of the most honest airdrop that I've seen. Soon that will be some interesting news about new features and it will be listed bigger markets. Another one, Dubaicoin (DBIX) in it's in early stages of development, they have some troubles in the beginning swithing from btc to eth but now it seem that have resolved a lot of the early age's problems I kow it has been a week since you said this, but I would like to say that DeepOnion seems to be a better option than a lot of those unfairly distributed "Tor" coins out there. Yes, I know that it is not a TOR affiliate, but it does not change the fact that it uses the tech. I agree about the community and team. No premine and no ICO, just honest spreads of the early adopters.
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In every market there are whales and their main purpose it's to generate pump, but also to ACCUMULATE PRECIOUS coins at a very cheap price Buying them without make noise, or rumors.. In which projects do you think the Wahles are involved' the most?
The ETH whales are the ones who are the most active in alts, I believe. They hold so much ETH and can afford to spread this out across several ICOs, to diversify out their ETH since it is impossible to exchange it all to fiat in one big dump. You want to have a clue? Just look for new ICO tokens that have managed to keep GREEN despite BTC and other alts moving down to RED.
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You know, it does not really even say if he was contacted in a formal capacity. For all we know, it was a friend working in the unnamed departments that contacted him. Can we say insider knowledge, anyone? People are still wondering who the originator was for the September news even before any exchanges made announcements.
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See an excellent picture of the project adopted by the investors at 100%. Working live application and knowledge of market mechanisms in sectors where they are justified and led to success. It was very interesting to observe the project under its promotion. Congratulations to those who made this project, investors and the many support group which has helped to promote the idea of the project.
Have to say that this is one of the few actual businesses already running and with existing staff and expertise. Even the promotion is done by themselves without external support. That shows keenness for self operation. The ICO is just to expand on the existing business with a new idea that people actually need. Let us see how it looks like in 10 weeks!
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Regret is natural. We can look back with the benefit of hindsight and imagine situations with different outcomes. But do not let that play against you. Always, always keep discipline. Stick to your plan, let your stop losses trigger, let your judgments take their course, let the misses be recorded and learn from everything. Never let regret dictate your next move. Let your lessons play out and teach you.
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I am wondering if some of you manual claimers would be interested to "sell" your claim to someone who would be willing to take the risk. My Offer would be between 25%-50% of the current market price (depending on the offers I get). Given the potential iota price drop once claims are released (when multiple TI flood the market), the potential delay when they are paid and missing opportunity it might be a fair deal for both sides.
Let me know what you think about it and how to handle such a deal. In general it would take the approach that you can also sell outstanding credits to someone else (which we had after the financial crisis too).
EDIT: I calculated the list from page1 since CFB just stated thats still the actual list and found the following:
"Unclaimed" positions Round1: 195,897,315 miota or 195TI Round2: 147,193,911 miota or 147TI
based on the total supply that is 12.3% of the total iota supply
There is no such thing as 100% certainty in this game of crypto,,, yes people,,, it is a game, after all. So, if people do not mind, I support pekros and also make the same offer to anyone willing to liquidate immediately. Leave the waiting and hassle to me, do as you wish with what you get from me. Make me an offer by PM. Escrow of your choice, but must be trusted forum member.
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Everyone here says: buy the dips. But this actually only truly works with Bitcoin. It also works to a lesser degree with ETH, LTC and XMR. To me all of these seem to ping and pong together with BTC. So far, I have bought in at the dip to 4100... and again at the dip to 3,400. So I am more or less okay. Slightly still in loss but if it goes back to 4,100 I will be in green.
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I do not go anywhere for ICO tips. I do not trust any media outlet because they are all paid to publish. If I do read something, I read it only because of the topic and the content if it is interesting. Does not matter if it comes from Forbes or from this forum. Then I make my own decision, depending on how much information I can verify.
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It is probably a baked in reality at this point the we will have 3 Bitcoins in a few months after BTC forks again into a Legacy BTC and 2x BTC. This fork is looking to be more tumultuous than the BCH fork and we don't even know the details of any upcoming fork yet.
How are you going to hedge this event? Buy LTC? ETH? XMR? DASH? maybe BCH?
I hate all this childish bickering, but we should all start to place our hedges.
Why the need to hedge? If it forks, you will get equal amounts of Bitcoin and new alt. The BCH already was a free hedge and so will the new alt be. You have all your Bitcoin, and you have all the new alts. Hold all for the perfect hedge. Of course, I always keep a small LTC and ETH. DASH too expensive for me with no usefulness. Same as Monero.
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