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8961  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum: Good alt or stay away? on: September 01, 2017, 02:57:17 PM
Hi everyone, I've been around for a while now.. 
I've seen a lot of posts positive and negative about Ethereum.

At the moment I am holding Bitcoins, but I have invested in some Ether as well.

Now I am wondering, what are legitimate concerns about Ether (except for IPO, as I've already read this in a lot of posts).

So can anyone bring real other issues to the table, to enlighten me (and maybe a lot of other readers?)

Thanks!
In my opinion it is a good altcoin for investment. Correct me if I'm wrong, the market cap of Etherium is more than half of Bitcoin. It is still on its level of growing. Also, it has a larger community compared to other altcoins which makes its market price higher as time passes by. Dipping is normal, it happens it normally happens in cryptocurrencies. And as everyone is saying  ETH is next to Bitcoin in terms of the ranks of cryptocurrency based on its users.

Well, Ethereum has shown now that it is capable of climbing back up to its ATH, but at the same time Bitcoin is making new ATHs. The last time ETh was almost $400 BTC had made $2500. But this is a sign that it does not just have to rely on ICO and Ethereum tokens, and both coins can coexist. There has to be a new ATH for ETH now, though.

And then what, another drop?
8962  Alternate cryptocurrencies / Altcoin Discussion / Re: Does an ICO team even matter? on: September 01, 2017, 09:45:52 AM
A lot of ICO teams start out different from the way they end up eventually. This is normal anyway. Most devs, even if you have a real name and face attached, you never know if they are for sure part of the team. Some ICOs reserve funds for team, others recruit after have capital. You have big names and people behind ICOs like EOS. But does it matter? Who knows.
8963  Alternate cryptocurrencies / Altcoin Discussion / Re: STRATIS - Only Great Things Ahead on: September 01, 2017, 07:17:55 AM
Gosh,,, why do I keep on missing out on fantastic news like this,,, first this coin and next that alt. Is stratis really a good buy now at $7 though? I see it has fallen as low as $2 but I guess if we hope it can reach ATH again then that is at least 50% profit. Maybe I'll buy 10 coins first and hold.
8964  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ZEN is a superior version of ZCash, but only 2% of price? lot of development on: September 01, 2017, 07:03:21 AM
This is like saying Bitcoin Cash is a superior version of Bitcoin. Or Litecoin is a superior version,,, BCH is 15% of price and litecoin is like 20%. Lots of development. Lots of things going on.

But please. Until you have merchants accepting it, it is almost useless.
8965  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Syscoin: Masternodes coming soon(just announced), Moon shot imminent. on: August 31, 2017, 04:05:07 PM
No, I do not see this happening. Rumour has not triggered any thing. Wait for first Masternode to be implemented, and then it is safe to buy in. But still not to the moon. Not just yet. It has to be a lot more special than masternodes, guys.

My personal preference is buy at 3900 for day trade, but entry now is for moving stop loss start at 3900 and take profit at 5000.
8966  Alternate cryptocurrencies / Altcoin Discussion / Re: Investors Beware: China to Give Death Penalty to ICO Traders? on: August 31, 2017, 11:50:05 AM
Oh relax guys. This is just another sensationalist story. Just like how kinder candy is banned by USA but not guns in stores (only some states do anyway), and it becomes a big hoo ha. Big deal. By the way, lots of countries have death penalties that have never been enforced. Do you know some of the obscure laws of your country?
8967  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [CURE] - Mining a cure for cancer on: August 31, 2017, 06:50:46 AM
It seems like a project that I can not understand exactly what it is and what it does.I think that it was a very radical sentence to say to cure cancer. Many people we know may have cancer.Cancer is a disease that is very difficult to treat and even certain deadly in some species. It is absurd to me to reconcile this with an ico. Millions of billions of dollars are already ready for a sector that is trying to solve this problem.He could produce more different projects until he found the subject of cancer and got him into ico. I do not believe that the project is reliable.It is very difficult to find a treatment for something, but it is very unethical to say that the treatment of cancer is found on top of it.

Thank you for remaining skeptical I think it is always a benefit for us to do so about any claim.  But as near as I can tell, it's accurate.  Protein folding research is being used for all kinds of good stuff like curing disease and cancer treatment.  Here's are some links I found to substantiate that, maybe you could have a look at them and see if that helps us find clarity on this.  If you read them through and still disagree, please let me know and I'll take a second look.

https://medicalxpress.com/news/2013-12-protein-cancer-treatment.html

http://folding.stanford.edu/


You are not wrong for being skeptical. This is after all the world of crypto. One must always be extra careful. But the Gridcoin and Curecoin projects are well recognised in research, you can check for yourself and email those unis and departments listed at Grid and Cure. Actually, if you join the telegram channel it is FULL of conversations. And not scammy buy sell repeater bots Smiley
8968  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] LakeBanker | Free Banking for the World (Phase 1 ACTIVE NOW) on: August 31, 2017, 06:22:29 AM
I guess no one is interested to answer questions from curious onlookers? Maybe they don't want investors who know too much? Careful with the referral fees. 5% is a lot to give away from tokens sales. It just keeps adding up to your dumping problem after Phase 1. Add the incentive later, not before.

On your second point: we won't have a dumping problem. Only 2% of our tokens are offered in Phase 1. at this very low price. Sure some investors will be looking at the short term potential of a 1300% flip. But others are interested in are token for its long term potential to circulate amongst many millions of users. Since such a small number of tokens are being sold at the low price, those that sell them early won't have a big impact on the market.

Thank you for the response. I think it's extremely common for the first investors to dump as soon as tokens trade, since almost every token opens at exactly or close to the normal price. Bonuses from early bird or referrals mean instant profit. It hurst the majority who can only enter later on. In any case, yes the small % is a form of protection. This does remain an interesting project. I am close to making my mind up. Thank you again.
8969  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Future of Bitcoin Cash? on: August 31, 2017, 06:03:50 AM
As for BCH, I concluded for myself that it is in theory the better coin, at least, technically. Unlike BTC, it can function with low fees even when the hashing power gets lower, as where with BTC you end up paying enormous fees or have to wait hours for your transaction to pass. Segwit did not change much in this regard.

Everyone has such a blind faith in BTC I find it unreal. Just because every altcoin gets mostly traded with BTC doesn't mean BTC will stay on top forever. What goes up goes down at some point and I guarantee you BTC will crash hard at some point.

But hey, everyone is free to do what he wants with his money. I just wouldn't bet it all on BTC.

BCH just lacks the real world usage for now. We'll see what happens once it gets offered as a payment method on the big market places out there (if ever).

I'd buy a bit of BCH on the side now if I had some funds available.

On paper, it looks like a better coin, I agree. Like most alts. But they do not have the same environment and use of Bitcoin - so less stress on network. Vulnerabilities are not properly tested. We will see what happens once BCH is adopted by merchants.

It's not a shit alt of course... just had a good excuse to be an alt.
8970  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [CURE] - Mining a cure for cancer on: August 30, 2017, 02:37:46 PM
This is actually been going on for a while since at least late 90s, the concept of "home computers" harnessed together for supercomputing power. Remember when they managed to map out entire human genome? This was the idea that made it successful. But yes, Curecoin and Gridcoin are two such crypto linked to that sort of thing.

Thank you for reminding us!
8971  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: August 30, 2017, 02:22:12 PM
Ripple has not tried to hide the fact that they would like to make deeper inroads into the Asian economy, and many people believed that last week’s conference reveal would include a major announcement about a partnership with an Asian bank or corporation. The Ripple price swelled leading up to the announcement but tanked after the details did not live up to investor hype.Despite warning their residents to avoid cryptocurrency, the PBoC has quietly opened a “Digital Currency Institute” to research ways to digitize and transact CNY banknotes on a centralized, state-controlled blockchain.  Grin Cool

Hard to buy on the rumours and sell on the news, when the movement happened too quickly. But such is the way of trading.

Looks still like Ripple can be a good buy now, especially after the tank. Now this Dig Currency Institute if the hype is real, could open up a lot of possibilities. We arere looking at so many state-owned blockchains now.
8972  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO][ODMC] ODMCoin [02|10—31|10] Oil and Gas sector on: August 30, 2017, 01:33:22 PM
So I am going to post something that possibly will not be appreciated: will the team be as proactive in their communication after the ico is completed?

Reason why I ask is because I participated in Zrcoin ICO and communication and responses to questions was excellent during ICO. However, after ICO was finished the communication was completely stopped. Only sometimes in the russian telegram there was some postings, but that is impossible for non-russian people to understand.... Can you comment on this?

DonApp, great post. This is the terrible facet of ICOs, isn't it. They're so nice and friendly before ICO. Answering the most newbie questions ever, and being so patient, to tell you please wait and let me fix it for you.

After ICO, they are rude to newbies, act like gangsters, and you are at their mercy.

And they do this because they are experts.

Let's hear what they have to say to you.
8973  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] LakeBanker | Free Banking for the World (Phase 1 ACTIVE NOW) on: August 30, 2017, 12:59:58 PM
I guess no one is interested to answer questions from curious onlookers? Maybe they don't want investors who know too much? Careful with the referral fees. 5% is a lot to give away from tokens sales. It just keeps adding up to your dumping problem after Phase 1. Add the incentive later, not before.
8974  Alternate cryptocurrencies / Altcoin Discussion / Re: CryptoKingdom Uncensored on: August 30, 2017, 12:25:26 PM
I think Speed's plan included an item for 'legal', and I would not be comfortable doing anything that would attract unwanted attention also. If the CKO was issued to players without any 'sale' then I think it would be ok, but always better to get that confirmed by an expert.


Quote
There are three tests to determine when an investment contract is a security. They are:

Is it an investment of money?
Is it in a common enterprise?
Are its profits to come solely from the efforts of others?


This definition comes directly from the language of a United States Supreme Court decision in the case of United States v. W.J. Howey Company in 1946. The words from the decision were; "The test is whether the scheme involves an investment of money in a common enterprise with profits to come solely from the efforts of others."


Do all three tests have to be passed or ticked to qualify the investment is a security? I mean, what if 1) yes investment of money 2) yes common enterprise 3) no, profits also come from your own effort.

If all three tests must score yes, then actually it is easy to make it NOT a security. Just make the system require effort from you also to make profit. You MUST update portfolios and surveys each payment to contribute to statistics, etc.
8975  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I need your advice, please on: August 30, 2017, 12:18:16 PM
My friend, I don't think you should be asking for advice or listening to it on this forum. You have 10k Euros, why not just buy Bitcoins and keep them while you learn more about alts. Buy it after you have made your own research. If it takes time, do it anyway. You will find Bitcoin will be higher when you have made your decision.

Also, you need BTC to buy most alts anyway!
8976  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Looking for people that use Ethereum | 0.05ETH for 5 minutes of work on: August 29, 2017, 07:50:42 AM
I am an ETH user. I use my own wallet with private keys as I also store ERC20 tokens with an address. I would be very happy to test out this service with my weis. So I would like to apply to test the mixer. However, the min is 0.1 ETH plus fees. Will you be able to pay 0.05 plus fees to make up for the mixing fees? If not, I am still interested. Just asking.
8977  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] LakeBanker | Free Banking for the World (Phase 1 ACTIVE NOW) on: August 29, 2017, 07:45:54 AM
Overall, I like existing projects with existing work,,, most important of all existing people who do things before any nonsense ICO. The business model is average, do you have examples of work in the countries with no banks? You say 1 LakeBanker services 20, so you have 2,000 means you have 40,000 people serviced?
8978  Alternate cryptocurrencies / Altcoin Discussion / Re: Pre-ICO bonuses on: August 29, 2017, 07:29:37 AM
Absolutely agree. I think yes, early adopters should be rewarded, but there must be a different way. Maybe they can think of better incentives other than ICO bonus which is crap. 5% or 10% is fair enough but to have more than 20% is just a really bad deal.

Zero fees. Pool of 1% that all 1st day investors share. Priority transactions. Whatever. Just stop ICO bonuses.
8979  Alternate cryptocurrencies / Altcoin Discussion / Re: The Decentraland project collected $24 million in 35 seconds on: August 28, 2017, 03:38:17 PM
The sure thing is that Decentraland founder has a lot of connection to real estate investor, the same things happens with buildings developer from all over the world the first thing is that they will ask their friend to buy a room/suite/whatever in their newly built apartment for couple of dollars down payment then they will announce that their apartment is selling fast thus attracting real consumer.

So these 7,000 investors were mainly real estate people? Real estate people are also good at crypto? I doubt it. But I think every ICO that has this type of whale buying in less than one minute is just a form of manipulation. Just a few people trying to cash in on an ICO. But let's see. Time will tell.
8980  Alternate cryptocurrencies / Altcoin Discussion / Re: How about `HCash on: August 28, 2017, 02:40:51 PM
Seems it's not a good project, I actually don't understand what does it say.

It's doing ICO now, and only received 30BTC for two days.

I was about to say it looks interesting. I did not realise about sidechain projects until this. Maybe I have gone missing too long to gain a correct understanding but,,, other than technical difference of side-chain and chain, there is no other problem right? In fact, seems better than some token project where the token is the only thing crypto related!
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