petro is not attached to the venezuelan currency (bolivar).
It is attached to the bolivar. From the whitepaper:  The purchasing power of the petro is directly associated with the price of the bolivar. Also, it sounds like the petro/bolivar rate can be pretty easily manipulated since the rate is being calculated only by exchanges authorized by the government. What happens when other exchanges outside of the government's control start selling the PTR? I imagine some pretty huge arbitrage opportunities will open up. it's like saying that you're not going to buy venezuelan gold because the bolivar has dropped significantly.
whatever is going to happen with the petro, it will happen due other factors.
The point is there's a credibility issue with Maduro. On top of that, Venezuela's National Assembly declared the Petro unconstitutional: http://www.asambleanacional.gob.ve/noticias/_an-declaro-nula-la-emision-del-petro-y-todas-sus-obligacionesThere's a pretty big difference between gold and a state-controlled cryptocurrency, BTW. |
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I have a couple quick questions. 1. How many people in this thread have actually completed the registration process? Did it really cost $60 in NEM per token? What was the NEM address you sent your tokens to? 2. I notice on the website it says "In the next few days the transfer of tokens begins." I'm guessing the ICO period is over, meaning they must have raised several billion dollars in the process. When you receive your tokens, can you please post about it here? 3. How do you manage to have confidence in this project knowing that the bolivar has dropped significantly since Maduro took office? https://xe.com/currencycharts/?from=VEF&to=USD&view=10YThese are all genuine questions of mine, not trying to insult anybody. Thanks. |
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Dear All. Due to scammers and extortionists attack, our ICO is canceled.
We apologize for any inconvenience and appreciate your understanding. Hey congrats to suchmoon and cryptodevil for getting this guy's panties twisted pretty quickly. I sincerely hope he unlocks it because I kinda wanted to ask him to explain how they could guarantee those types of profits every month. Flat payout = Flat Ponzi. That's never been anything but the case. Going by the amount of rage exhibited, he / they must have invested quite a bit into this scheme already. Its highly likely they never even planned on releasing a token/coin, going by the new standards set by Ethconnect. |
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What's to investigate? All centralized exchanges are manipulated, weather they're crypto or fiat - that's what centralized exchanges do.
Because bitcoin is now legally a "commodity," its price manipulation by regulated exchanges is illegal. For the longest time those doing the manipulating didn't have to try very hard to do so; now they have to try a bit harder. That's what's to investigate. |
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When will Maxcoin be added in a DEX or exchange less problematic than Yobit? I joined in 2015, but it's very nostalgic to know that the classic coins still carry on their activities and with many ambitions! Any crypto over 4 solid years could suddenly cherish, but I think MAX wants to provide value and not be valued, it's rare that kind of goal nowadays! Long live Maxcoin!  You're about to be banned for merit trading. Have a nice day! |
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A HYIP is a scam. Its a Ponzi scheme, which is always a lie.
This is not an opinion. It's a fact.
If a business or a program says its doing one thing and its actually doing another, its lying.
Why would you trust your money to liars?
Do NOT put ANY money in a HYIP or its as good as gone. You can't trust the people who run them. If you do, shame on you, you have been warned.
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well if bitcoin goes back to 20k this will go up and skyrocket, and i do belive BTC will hit 20k this year,
Also, Qryptos, i cannot withdrawl, but I have been selling TPAY for LTC, as I belive its works really well in the trading part of the website,
and I do think, believe it or not, that LTC will not do much the next few months, but LTC should finish the year at about $800 per coin...
This guy supposedly put all his money into the Ethconnect scam and lost it. He was a shill for it, it failed, and he lost. I wouldn't touch anything this guy tries to sell with a ten foot pole. Nor would I trust a single word he has to say. |
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But I proved you wrong. Do I get a prize?  Yeah sure, why not. Do you want the sofa set, the vacation to Hawaii, or what's behind door #1? |
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But it wasn't dead a few months ago, I even CPU mined a few blocks and saved the wallet away, not as much as your 100,000 by any means, but I did mine some in late March/April, then difficulty went up and then it stopped syncing, but this was not 3 years ago.
Do you have any proof of this? If anything, you were mining on your own fork. It fell off its last exchange on July 7, 2014. Coinmarketcap currently lists it as "inactive." https://coinmarketcap.com/currencies/hawaiicoin/There's no block explorer for it so there's no way to prove your claim. Fact is, coin is dead. I'm not spending the effort to bring it back. If you want to, find its source on GitHub, clone it and be my guest. |
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premine is when a certain amount of coins are sent to an address (or a number of addresses) BEFORE the official launch and distribution
I see, that does make sense: the coins are mined but in a pre-release sort of fashion. I was thinking "premine" always meant coins generated before the mining process. As far as a premine or instamine is concerned in practice, they are only as valuable as the coin itself. Somebody could make a shitcoin with a huge premine and it wouldn't benefit them at all if the coin has no traction. That's why its entertaining to me that people are still upset about Dash (Darkcoin) having an "instamine".... If the coin wasn't very successful, it wouldn't have mattered. |
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With all the devastation going down right now on the East Side of Hawaii this could be a perfect way to utilize the crypto community and an older POW coin to help those displaced and who have lost everything, as well as those that lost out on HIC in the past as it's obvious you have with your regular replies.
Dude. You don't get it. Coin is broken. Broken. That's why you can't sync the blockchain. Dev never fixed it. I lost about $70 to $100, but I'm more pissed that the dev never bothered to fix the coin. I have about 100,000 of them. I would offer to sell you them, but like I said, the coin's broken so you literally can't do a transaction. |
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bitcoin already IS a global currency. in fact bitcoin is the ONLY currency that is global. everything else is either not a currency (like altcoins) or are limited to certain countries (fiat).
if you are thinking bitcoin to be used as the only currency and it replaces everything else then that is not happening.
Agreed. 1. Bitcoin is already a global currency. 2. Still, it's extremely high-minded to think it (or any other crypto) will eventually replace fiat because a huge portion of the world does not have access to computers, smart phones or the internet. It's fun to theorize this may one day happen but the people who do so are genuinely out of touch with the general condition of humanity. |
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Block zero, the Genesis Block, for bitcoin or any other coin, always contains instructions for the creation of coins. In the case of bitcoin, it was 50 BTC.
What is the difference between coins created in a Genesis Block and a "premine"? Does the term "premine" necessarily refer to coins created in addition to the amount dictated by a mining reward in block zero?
I'm creating a guide to understanding the blockchain for crypto noobs and would like to get other peoples' opinions on the matter. Thanks.
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Empty block after empty block. A whopping total of 10 transactions over a 2 hour period.  Want to know why? The wallet's fucking broken, that's why. This coin is far more embarrassing than the flood of newb spamposts in this thread. |
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So no word on when they plan to release a functional wallet? That's terrific.  |
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So when are you guys going to get a working wallet together?
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That image sums up perfectly my feelings of the one coin I'm invested at all in at the moment: Cardano.
The whitepaper reads like an academic journal article or a PhD thesis, even. It was in fact co-written by several PhDs. Cardano sits in the top 10 by market cap, and I think 80% of its value is driven by the fact that the whitepaper insists the coin is brilliant.
Why do I say this? Because the coin's only wallet, Daedalus, hasn't worked in over 5 months! There are a few work-arounds to get it in semi-functional status, but frequently the entire blockchain has to be deleted and re-downloaded, then you need to sync your computer clock using this or that program... Then you have to leave the wallet open 24/7 or risk starting the process over again. It's a real horse's ass of a coin.
The only reason I'm still invested in it is because I can't get my wallet to open to sell my coins.
So in the case of Cardano and its resounding "success," yes, the whitepaper does matter the most. I frankly don't know how it manages to continue sitting in the top 20.
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