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9401  Bitcoin / Bitcoin Discussion / Re: What will happen with Bitcoin if it never scales? on: May 03, 2017, 05:54:43 PM
Bitcoin will likely stagnate

And eventually a new Bitcoin will be born which will have these issues fixed (as well as a lot of others like PoW), with the old dying off eventually. Personally, I'm more curious why no one hasn't yet implemented instant payments in an altcoin. I heard that Dash was doing something like that but folks here quickly dispersed my suspicions. Litecoin was going for that too, but Wu and company seem to have halted this process as well

Yes. That's what I've thought it would happen in the future, if Bitcoin doesn't overcome its issues. Another altcoin will take over for sure, addressing key issues that are essential towards mainstream adoption. When it becomes scalable and fungible enough, while taking in consideration its decentralization, it will become a huge success surpassing BTC's market cap, if it also adapts a limited supply.

There are many cryptocurrency which are having issues towards getting the approval of the miners for SegWit, but if a new coin comes released with SegWit into its code, then it would become much easier for the scalable solution to become accepted there, as it would have a small hashrate at start. Thus, the bigger the hashrate a cruptocurrency's network has, the difficult it would be to gain the necessary consensus for SegWit to become active. I think that is why Bitcoin and other alts haven’t gotten any luck so far.

Still, Litecoin is closer towards SegWit activation, and it will be very beneficial to the cryptocurrency if it becomes a reality. Just my opinion.  Smiley
9402  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: May 03, 2017, 05:49:13 PM
Bitcoin currently is in a very good stat and I am hopeful that it will do well in the future as well. I am seeing its price above $3000 in the year 2017. The signs of it being dump are nowhere now. It can only be dumped by any of the altcoin but not possible in the coming two or years or may be a decade will it take, if they provide much better chances of earning.

Other than prices, I am expecting major market giants like amazon and walmart to start accepting bitcoin payments this year, that may give a boost the prices to reach beyond $3000 levels too.

Yeah. Everyday Bitcoin's price increases, which may be a sign of user adoption growing as time passes by. At these levels, it has already surpassed Gold, and maybe at some point in the future, its value could become compared to carat diamonds.

If it keeps going like this, as well as it adopts a scalable solution, it would not be far from gaining wide acceptance from big merchants and corporations. It will be very hard for another cryptocurrency to take over Bitcoin, unless it solves many of the pioneer cryptocurrency's features first, and becomes more popular among everyday people. Just sharing my thoughts.  Grin
9403  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you a bagholder? Which altcoins do you hold? on: May 01, 2017, 05:43:35 PM
ETH - as i believe, that it is a future of blockchain in common.
XRP - just cheap now and there is a lot fuss with this "bank of N-country bought X mln$ XRP, Z-country bought XX mln$" etc...
ZEC - i prefer this crypto among those 3 with anonymous tech.
Actually i am scared to loose money, i am now almost doubled my investment. Dunno, wether to sell already or still wait.

Not a bad list of coins you're holding there, mate. Since they're among the top 10 cryptocurrencies in market cap, they will be supported in trading volume and activity for years to come. Many of these coins, have great development too which may help them survive in the long term.

Look at both ETH and ZEC, which have an established foundation and a dedicated development team to help them advance in security, usability, and innovation for years to come.

Still, while they are great coins, remember to never invest what you can't afford to lose, as cryptocurrencies are highly volatile.

You can also hold PoS coins, although most of the times, you would be left holding the bag when the dev abandons the coin. Just my thoughts.  Grin
9404  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is best PoS coin to invest into right now? on: May 01, 2017, 05:01:51 PM
navcoin, as far as i know first POS coin to vote on segwit, its also a anon coin, just buy some coins put them in your wallet and cast your vote, starts may 1st, price has been climbing the past week, 5% return on your coins as well when you stake.

Glad to know that there is PoS coin that would implement SegWit into its code. I've never heard or invested into Navcoin before, but if it is worth it, then I will give it a shot. Since I'm always on the hunt for anon coins, this may be one of my favorite coins on the list.

Having a 5% stake rate is not bad, and if price keeps rising, it would be a great journey for those who had invested earlier into the cryptocurrency.


If/when ETH goes to pos, it will be by far the best pos coin available. I think you're right about them doing things a bit different than traditional pos as well. It's probably going to be something great

Completely agree with you, mate. Once ETH hits PoS stage, it will be huge and become a great improvement towards traditional PoS systems. It could replace PoW if it becomes secure enough, making it a viable solution towards saving energy costs.

The price of Ethereum has been rising over the past days, and I believe that as it advances in development and innovation, it will become much more valuable in the long term. It only has 2 releases ahead of its way which are Metropolis and Serenity, which would make Ethereum stronger than ever.

Eventually, if it manages to get adopted more than Bitcoin, it might replace the pioneer cryptocurrency in the future, becoming the top cryptocurrency in market cap. In terms of scalability, I believe that Ethereum is advancing more in this part, than Bitcoin. Just my opinion.  Smiley
9405  Economy / Services / Re: [Crypto-Games.net] ★ Signature Campaign ★ Senior - Legendary[FULL] ★ on: April 29, 2017, 05:43:27 PM
Post counts have been completed, payments are on the way. This has been round #98 of the campaign Smiley
#98 week paid: https://blockexplorer.com/tx/c5fb68bf48f1c0410fe279952f787ed905cec8218d4959dbf6176aacb73d24a6

Thanks for the payment guys. I've received it quickly into my BTC wallet. Smiley
9406  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: April 29, 2017, 03:15:17 AM
with so many news from MUE DEV it is 100% that MUE will go to 10USD these year

Yeah. Following its recent price movements, MUE has remained relatively stable in price with potential for growth in the not-so distant future. I've always seen MUE as an opportunity to get a grasp at masternodes features in a cheaper way than Dash itself. Since the latter is trading at nearly $70 USD, it would make it extremely expensive for anyone to set up their own masternodes.

As for MUE, it is cheap nowadays, but it may increase more in price once it migrates to the new algo, as investors become interested into it. I could expect for MUE to reach at least $20 by the end of the year, if it migrates by that time. Just my opinion. Smiley
9407  Bitcoin / Bitcoin Discussion / Re: Bitcoin implants? on: April 29, 2017, 03:10:08 AM
The fingerprint a great idea.

However, this will lead to people 'robbing' others of their fingerprints. Honestly, it's not a good idea to keep anything directly on you. The best method is just put it elsewhere so someone doesn't get tempted to rob you.

It's already very easy to carry around a trezor wallet which is secure enough. There is no need for anything else.

Yes. Everything about implants is wonderful, but the issues of health and security are of utmost concern, rendering its ability to become practical in the future.

I would become surprised if such implant with extreme security becomes designed for the government's own desires, eventually leading to complete control over your finances, personal info, and more. Technology is constantly evolving each day, making proposed solutions become a reality sooner than we've ever imagined.

But other than that, I think that we're doing great with the hardware wallets. Just my thoughts. Grin
9408  Alternate cryptocurrencies / Announcements (Altcoins) / Re: XDE II coin/XDE2 coin. Masternodes and HODL to be added soon. on: April 29, 2017, 03:06:08 AM
YOBIT, SEND AND RECEIVE WORKING.

 
I WOULD WITHDRAW NO LESS THAN 5 XDE2 AT A TIME, YOBIT HAS ISSUES WITHDRAWING 5 OR LESS. !!

OK , I just sent and received 5 xde2 fromk Yobit. Confirmed working. I would start by getting your 100 xde2 so you can participate in promotions to get the XDE2 for the masternodes faster. If there are only a few masternodes, then you have a higher chance of being rewarded.  We are about 30 days out from masternodes.

Glad to see that XDE 2 will be getting masternodes. This is a killer feature, in my own opnion, as it motivates anyone to help support the network with their nodes, as well as get incentivized by doing it.

Right now, XDE 2 is cheap, but it may increase in price further when it switches to masternodes. I'm not a fan of trading cryptocurrencies on a single exchange, but as long as there is trading volume on YoBit, then it shouldn't matter.

Nevertheless, I'm looking forward to grab some coins and support it in anyway I can. I have the feeling that this may become popular someday in the near future. Just my opinion.  Smiley
9409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] on: April 29, 2017, 03:00:45 AM


Preview new modern Magi website! Smiley
Development in progress!


The site looks amazing. Definitely, brings a fresh new look to this exciting cryptocurrency. With all the progress that Magi has made, it should be one of the top 5 altcoins in market cap, due to its solid community and development, and most importantly, mining decentralization which enables any average Joe to get started right away without the need for ASICs or other expensive hardware.

If you were to ask me how much XMG would be worth in a couple of years, then it might reach a price level of $1 USD and above, but it all depends on what value will the users give it by then.

Nevertheless, I'm looking forward for more exciting things to happen with Magi. Smiley
9410  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: April 29, 2017, 02:54:54 AM
GAMECREDITS.

-About to release their platform, an actual finished product, as opposed to the hope of some tech milestone in Q3 2019 or whatever (you don't need a roadmap when you're already there).
-Deflationary.
-Next block halving in less than 30 days.
-Probably going to have several million just for marketing after the MobileGo ICO.

You can hype and speculate all you want on coin X,Y and Z. Numbers don't lie though. Compare the success of gamecredits to bitcoin since the time of their respective inception.

...

Yeah. Gamecredits is one of the best altcoins out there, not only for the features it provides, but also because it has strong development and a good community. Their efforts have made the digital currency skyrocket in value, leaving it near to the $1 USD mark.

Their MobileGo ICO will be huge, and would definitely be a booster to GAME, as well as help crypto become mainstream in the gaming world, especially on mobile devices.

Nevertheless, whichever cryptocurrency you choose make sure to make a research about its features, tech, and most of all development team, to ensure the success of your investment. Not every altcoin becomes successful in the long term, so it is always best to make the right decision by seeking advice from other experienced cryptocurrency users. Just my thoughts. Grin
9411  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: April 29, 2017, 02:24:11 AM
LTC is the best live testnet that BTC needed. Looking forward to the published results.

Edit:
Don't forget to withdraw all your crypto from LTC once testing completed.

Yes. It will serve as the perfect experimental cryptocurrency for Bitcoin's proposed scalability solution. Then, after testing the same on Litecoin, it could be known what would become expected into Bitcoin itself.

Since Litecoin has a smaller network and hashrate, it was quick in reaching full consensus. However, that is not the case with Bitcoin, making it harder each day for SegWit to become active on it.

Nevertheless, the approval of SegWit is good for Litecoin as it fixes maleability and expands its capacity to handle more users, possibly becoming used in the mainstream world. Just my opinion.  Smiley
9412  Economy / Economics / Re: Is bitcoin dead? on: April 29, 2017, 01:12:06 AM
Bitcoin is most definitely not dead. In fact, it's still bursting through all time highs, and we're touching $1400 right now. We've gotten to a point where there are so many transactions that the network is having trouble keeping up, and the fees have shot up.

Agree. With the recent price surges, it shows sign that people are becoming more interested into the digital currency each day. As new solutions come up, to help scale Bitcoin, it shows that the same is very far from becoming dead.

Now, while Bitcoin will have a hard time towards reaching its death, other alternatives would die first due to their lack of development and innovation. As long as there is a professional development team behind Bitcoin and community support, there is nothing to worry about as your funds will be safe for years to come. Just my thoughts.  Grin
9413  Economy / Economics / Re: What is your best investment strategy? on: April 28, 2017, 05:47:24 PM
Bitcoin is the best coin, but for others, for a change, you can invest only for short-term investments.

Exactly. I really don't see any use in investing on altcoins for the long term, since most of them depreciate over time, leaving you with less than what was initially invested. Since Bitcoin was the first cryptocurrency in existence that came with the blockchain technology, as well as other sorts of features that makes it unique (like its deflationary model) l, it will keep rising in price for years to come.

That is why, if you're considering serious investments, that would be Bitcoin itself due to its scarcity which is often compared to as digital Gold. Just my opinion.  Smiley
9414  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is best PoS coin to invest into right now? on: April 28, 2017, 04:45:02 PM
Incent and stratis, pivx speculators are jumping ship to posw, so you could make easy money there or end up getting scammed, your choice.  Cheesy

These coins have promising technology, and most of all, a great community. There are many coins being added to PoSWallet, which makes it great for anyone who would love to get started staking without leaving their wallets open 24/7. While this service is relatively new, and it is advised to proceed with caution, you can greatly benefit from staking your PoS coins and earn passive income while you're at it.

Nevertheless, while there are many PoS coins which look promising, most of them tend to become worthless over time, especially because of their high supply and stake rates. Just sharing my thoughts.  Grin
9415  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin overcome Paypal? on: April 28, 2017, 04:30:40 PM
I'm not sure if Bitcoin will ever be faster than PayPal

At this point, it would never be faster than PayPal, since it hasn't become scalable yet. But, if Bitcoin ever reaches full consensus, then things would change for the better.

Right now, I think that a better candidate would be BitShares with its smartcoins, and higher transaction throughput. They claim that their blockchain could handle an average of 10,000 TPS so it would make it a strong rival against traditional payment processors.


If more and more online sites will start accepting bitcoin as a mode of payment then bitcoin replace paypal in future as at a moment there are not many sites that accepts bitcoins as a mode of payment and almost all sites have an option of paypal and that makes it more popular then bitcoins.

Agree. All Bitcoin needs is some little improvements like scalability, fungibility and mainstream acceptance to become widely used among merchants and businesses worldwide. Since it has many advantages over PayPal, it will become very attractive to anyone who would like to start a business with the future of money. Just my opinion.  Smiley
9416  Bitcoin / Bitcoin Discussion / Re: If Satoshi reveals himself, what would be of Bitcoin? on: April 28, 2017, 04:17:47 PM
I don't know how real these claims would be in any "decent" jurisdiction

And whether he can actually be prosecuted for creating Bitcoin. Regarding taxes, he didn't cash out his stash, so why should he pay taxes and which taxes specifically? I don't know what really happened to Craig Wright and the article by the link doesn't specify if the police raid had anything to do with Bitcoin as such. But the guy seems to have been involved in a number of scam enterprises long before Bitcoin. He even served some short term in prison, so it is no surprise that the police keeps a close eye on him. But that again may have nothing to do with Bitcoin

You do have a point there, mate. It wouldn't make any sense to tax on someone's Bitcoins, if he/she hasn't sold it for capital gains. I've always understood that you should pay taxes on your Bitcoins if you sell them for profit. (as per USA)

But still, after all Wright did of scamming and making people believe that he is Satoshi, I think that he deserves this. It will be a great lesson to him (if he weren't the real Satoshi, which I know he is not) to stop fooling people, and take advantage of something that he did not create.

After seeing these events myself, I'm beginning to wonder if something similar or worse would happen, if the real Satoshi decides to reveal himself. Only time will tell us about Bitcoin's mysterious creator, if it will ever happen. Just my thoughts.  Grin
9417  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: April 28, 2017, 04:01:35 PM
I don't work very long with Bitcoin, I still have a lot to learn and understand.

Well, most of us having a lot of time in experience in Bitcoin, have a lot to learn too, since the technology underlying the digital currency is complex, and involves many subjects like Cryptography and more. I, myself have been almost 3 years in Bitcoin, and it is still the day which I need to learn more about the technical aspects of it, to become an expert in the future.

It is all about patience and dedication, to better understand and make use of the revolutionary technology that powers today's cryptocurrencies, thanks to Nakamoto's creation. So, if you persevere in Bitcoin, your efforts will be very rewarding in the long term. Just my opinion.  Smiley
9418  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you a bagholder? Which altcoins do you hold? on: April 28, 2017, 03:53:34 PM
Hi read through some good comments above. It does seem to make sense to hold onto the most popular one's and hope they go up in value over time. For me its all about spreading the risk, so the less well know coins do have a lot of potential but can be risky and as others have said they can become worthless fairly quickly. It's bitcoin, ethereum, zcash and litecoin for me at the moment.

Not a bad strategy for altcoins, mate. It is always advised to get out of them as soon as you reach profit, as most of these coins are full of hype, and will tend to decrease in value over time. I guess that only those that could provide strong development and support from their communities, would be worth holding, especially coins which are in the top 5 rankings in market cap.

Both Bitcoin and Ethereum have strong development teams, and solid communities, making them one of those cryptocurrencies worth holding into the long term. While many altcoins might fall over time, these mentioned cryptocurrencies might coexist in the future. Just my thoughts.  Grin
9419  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Zcash worth to invest in it? on: April 28, 2017, 03:46:37 PM
Zcash is a lot better and more advanced than monero and dash. Zcash should be at least at n5 marketcap coins.

Yes. It could be seen that way since it was the first cryptocurrency to bring Zero Knowledge proofs upon its release. While there hasn't been any real adoption from well-known businesses and merchants, there is still chance for ZEC to become widely used in the mainstream world, if it manages to bring constant development and innovation.

The ZCash team is slow, in my own opinion, when it comes to releasing constant upgrades and improvements (unlike other alts). I hope that soon, we would be able to see an official release of the GUI wallet, as well as cross-platform compatibility to gain a wider audience. Just sharing my thoughts.  Grin
9420  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: April 28, 2017, 03:37:41 PM
As the bitcoin having a good progress the number of person who are using it is rapidly increasing. The popularity of it is increasing. I think bitcoin this year will take some major parts and upgrades of bitcoin. The value will got high and many people will use it. Many people and establishment will accept it and the government will soonly accept to become on of the major currency in a country because we all know that bitcoin is helpful and many advantages.

Agree. The more the value increases, the more it will be able to attract people into investing and holding the digital currency. As this is the year of Bitcoin where it has reached all-time highs, I'm sure people will start looking it as a serious investment like Gold.

On top of this, if Bitcoin becomes scalable, then it would have a better possibility of increasing more in price over the long term. Combine this, with the upcoming halving events for Bitcoin, and expect for the price to increase $10,000 and above. Just my opinion.  Smiley
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