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961  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Swisscoin the next Bitcoin? on: August 20, 2016, 08:51:55 AM
TRUMPCOIN is the next Bitcoin.
962  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TRUMP] TrumpCoin SuperPAC on: August 20, 2016, 08:43:53 AM
TRUMPCOIN IS GOING TO COME BACK AND LET ME TELL YOU, IT IS GOING TO BE...

963  Alternate cryptocurrencies / Altcoin Discussion / Re: Synereo same ponzi scam like Steem? on: August 20, 2016, 08:20:09 AM
Also AMP has a large premine like 90%

Lol,
is that true? i always thought synero would be better distributed.

The founders didn't get anywhere close to 90%.  50M AMPs were sold in the initial crowdsale and 7.5M AMPs have been distributed for bounties since then.  The mass majority of AMPs remaining are designated for future crowdsales, bounties, and giveaways to attract new users.

Here's the breakdown:

https://docs.google.com/spreadsheets/d/1r1G-ROS4vgHK84qfn1CBIxuXZQCCvIicCTQSxW1T_mo/edit#gid=1156984041
964  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: August 20, 2016, 08:12:52 AM
The campaign will allow people to invest in Synereo LTD directly, getting equity, or purchase AMPs.

Purchasing AMPs directly from Synereo rather than from the market supports the project and allows Synereo to create real value -- the technology and applications that allow AMPs to be backed by user resources and attention on the network.
There will be other benefits that we will detail soon, before the sale starts.

Since alpha launch is so close, perceived risk is significantly lower and you will offer additional benefits through the sale, I assume that the price at which you sell will be considerably higher than current market price. That is, if you want to avoid market distortion and investor burnout. I suspect 40k -50k sats would be a reasonable spot. Can you share any info on that?

Personally, I think it's heading to 40-50k too before the crowdsale starts, but that's just my opinion.  50k per AMP puts it at 2000 AMPs per Bitcoin, which is double what people who participated in Ethereum received.
965  Alternate cryptocurrencies / Altcoin Discussion / Re: Synereo same ponzi scam like Steem? on: August 20, 2016, 07:34:23 AM
I am curious. How will Steemit collapse on its own because it is centralized? I know decentralization very much matters to us. But kindly explain why Steemit will collapse.

It'll collapse, because it's centrally supported by the Larimers and their associates.  Once the Larimers make their money and pull out, it will be over.  It is structured in such a way that payouts are limited to keep the system from collapsing too quickly.  The Larimers and their associates power down every week to cash out, because they know time is ticking.  Even if they only cash out a fraction of their holdings before it comes tumbling down, they'll still have made millions.  If I want to use a centralized website for social networking, I'll use facebook and twitter which already have mass adoption.  Steem is simply an overly complex scheme intentionally designed to steal from the under-informed.  Ask yourself, "If the website is centrally hosted, how do they intend on dealing with take down requests?"  They don't, because they don't plan on Steem lasting this long.  It's a quick money grab, and that's it.  With Synereo, nothing is centrally hosted and none of the decentralized nodes in the network know what is being stored on their disks, because everything is encrypted.  Node operators cannot see anyone's data without the person's private keys which they do not possess.  Not only that but user data is spread on the Synereo network in a redundant manner which ensures that individual nodes shutting down doesn't affect the availability of user data.  User data in Synereo is also not stored on the blockchain, which is unfeasible for long term use, but it is stored via SpecialK across multiple geographically relative nodes per the data requests.

I agree that Synereo could be technically superior than Steemit/Graphene. Ok so you think that Larimer is trying to make his money quick and then leave that is why it will collapse. But let me ask you if let us say it was not the Larimers that run Steemit but some other honest person. And that honest person intends to grow and develop the network further, will it be possible for the platform to be succesful? What I'm asking is if run properly will Steemit's model be succesful even if it is centralized?

I don't think any "honest person" would create a system like Steem, because of the way it is fundamentally designed.  Regardless of who runs Steem, I don't think it will be successful, because of its centralized nature.
966  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: August 19, 2016, 12:00:41 PM
I have been reading about Synereo lately and I have a couple of questions. At first, I read that Synereo is something like a decentralized social network platform, something like Steemit but better according to some people. But I read recently that it is a platform capable of executing smart contracts. So what is Synereo? A smart contract platform or a social media platform? Did it pivot in the middle of the game?

From watching some hangouts and seeing what they have been talking about I think the project has expanded from its initial decentralised social media platform.

I would not compare Steemit. From the rewarding of the users its similar but this is a decentralised platform with about 2 years of R&D. This means the entire network operates without a central server. So I believe this is an entirely P2P system.

From what I have seen in hangouts Synereo had to build their own blockchain. I know Greg was working closely with Vitalik and Vlad from Ethereum but I think the issues they ran into was Ethereum was not capable of hosting this type of network. So they built their own POS blockchain.

So I would not say a pivot as the social media is here now. (or coming soon) but the project has grown in scope.

This is my take. Maybe someone can expand on this.

Synereo is a fully decentralized technology stack built upon SpecialK, which Greg has been developing for years, and will soon be integrated with a PoS blockchain capable of hosting dApps with superior protection than Ethereum/DAO.  The network's built in REO and attention economy model allow for an unprecedented social networking application to be built on top of this fully decentralized technology stack.  The social network is only one application out of many that can run, share data, and utilize the AMP PoS blockchain cross-platform on the tech stack.

TLDR: Synereo is everything you want. Synereo is everything you need.

Read this for more info: https://www.synereo.com/learn-more/

Ok I get it now. Synereo is a decentralized smart contract platform and the first dapp built on it is the social media application. Ok, I was a bit confused there at the beginning in what really happened. So they originally intended to use Ethereum as their base platform and they found out that it was not good enough for their needs so they created their own base platform for their decentralized social media?

Is that what happened? If yes then I am curious, what did they find in Ethereum that is not agreeable to their needs and what did they do in Synereo that makes it better?



#1 Once PoS is in place, you would have to be a moron to pay the $ETH gas fee when you could instead be building up your own PoS network where you own the gas fee coin. Ethereum is useful for a businesses looking to update their old contract system or for a DApp that barely uses $ETH gas in their system. It is not so useful for a social network where the complex back end contract system ends up being pretty much the entire system. You will need to have your own server running a node to use Synereo. Why not throw in your own blockchain? It seems stupid not to. Especially if you can build out a bigger network than Ethereum in the process.

#2 The dev of Synereo has a bunch of legacy code built in Scala that they want a blockchain integrated into. They want the blockchain programmed in Scala. Vitalik programs in Python. I do not follow Ethereum anymore. Does anyone know what language their PoS system will be programmed in?

#3 Ethereum is cool today but it will be garbage soon because solidity sucks. Synereo has a better way of programming smart contracts. They have formal verification and type checking. Ethereum has too much technical debt because of solidity. They now have to maintain solidity functionality is all their future released.




BTW if you did not know this yet, the Synereo dev was hired by Etheruem to teach Ethereum how to build their PoS blockchain. That should be an easy give away as to which blockchain will end up being better.




Do you have a source on this? This is pretty interesting news. I know the Synereo team is very advanced and little is known what they are building. I have heard that they will likely be the first PoS blockchain on the market.

If you watch the hangout sessions on YouTube and read their blog posts all this information is old knowledge.  They lay it all out for everyone to see and are extremely transparent on their motivations and progress.

I think Synereo is the best kept secret in crypto. I will need to dig into more shows.

I think you are right.  Synereo imo is the next big thing.
967  Alternate cryptocurrencies / Altcoin Discussion / Re: Synereo same ponzi scam like Steem? on: August 19, 2016, 11:54:18 AM
I am curious. How will Steemit collapse on its own because it is centralized? I know decentralization very much matters to us. But kindly explain why Steemit will collapse.

It'll collapse, because it's centrally supported by the Larimers and their associates.  Once the Larimers make their money and pull out, it will be over.  It is structured in such a way that payouts are limited to keep the system from collapsing too quickly.  The Larimers and their associates power down every week to cash out, because they know time is ticking.  Even if they only cash out a fraction of their holdings before it comes tumbling down, they'll still have made millions.  If I want to use a centralized website for social networking, I'll use facebook and twitter which already have mass adoption.  Steem is simply an overly complex scheme intentionally designed to steal from the under-informed.  Ask yourself, "If the website is centrally hosted, how do they intend on dealing with take down requests?"  They don't, because they don't plan on Steem lasting this long.  It's a quick money grab, and that's it.  With Synereo, nothing is centrally hosted and none of the decentralized nodes in the network know what is being stored on their disks, because everything is encrypted.  Node operators cannot see anyone's data without the person's private keys which they do not possess.  Not only that but user data is spread on the Synereo network in a redundant manner which ensures that individual nodes shutting down doesn't affect the availability of user data.  User data in Synereo is also not stored on the blockchain, which is unfeasible for long term use, but it is stored via SpecialK across multiple geographically relative nodes per the data requests.
968  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: August 19, 2016, 11:31:38 AM
I have been reading about Synereo lately and I have a couple of questions. At first, I read that Synereo is something like a decentralized social network platform, something like Steemit but better according to some people. But I read recently that it is a platform capable of executing smart contracts. So what is Synereo? A smart contract platform or a social media platform? Did it pivot in the middle of the game?

From watching some hangouts and seeing what they have been talking about I think the project has expanded from its initial decentralised social media platform.

I would not compare Steemit. From the rewarding of the users its similar but this is a decentralised platform with about 2 years of R&D. This means the entire network operates without a central server. So I believe this is an entirely P2P system.

From what I have seen in hangouts Synereo had to build their own blockchain. I know Greg was working closely with Vitalik and Vlad from Ethereum but I think the issues they ran into was Ethereum was not capable of hosting this type of network. So they built their own POS blockchain.

So I would not say a pivot as the social media is here now. (or coming soon) but the project has grown in scope.

This is my take. Maybe someone can expand on this.

Synereo is a fully decentralized technology stack built upon SpecialK, which Greg has been developing for years, and will soon be integrated with a PoS blockchain capable of hosting dApps with superior protection than Ethereum/DAO.  The network's built in REO and attention economy model allow for an unprecedented social networking application to be built on top of this fully decentralized technology stack.  The social network is only one application out of many that can run, share data, and utilize the AMP PoS blockchain cross-platform on the tech stack.

TLDR: Synereo is everything you want. Synereo is everything you need.

Read this for more info: https://www.synereo.com/learn-more/

Ok I get it now. Synereo is a decentralized smart contract platform and the first dapp built on it is the social media application. Ok, I was a bit confused there at the beginning in what really happened. So they originally intended to use Ethereum as their base platform and they found out that it was not good enough for their needs so they created their own base platform for their decentralized social media?

Is that what happened? If yes then I am curious, what did they find in Ethereum that is not agreeable to their needs and what did they do in Synereo that makes it better?



#1 Once PoS is in place, you would have to be a moron to pay the $ETH gas fee when you could instead be building up your own PoS network where you own the gas fee coin. Ethereum is useful for a businesses looking to update their old contract system or for a DApp that barely uses $ETH gas in their system. It is not so useful for a social network where the complex back end contract system ends up being pretty much the entire system. You will need to have your own server running a node to use Synereo. Why not throw in your own blockchain? It seems stupid not to. Especially if you can build out a bigger network than Ethereum in the process.

#2 The dev of Synereo has a bunch of legacy code built in Scala that they want a blockchain integrated into. They want the blockchain programmed in Scala. Vitalik programs in Python. I do not follow Ethereum anymore. Does anyone know what language their PoS system will be programmed in?

#3 Ethereum is cool today but it will be garbage soon because solidity sucks. Synereo has a better way of programming smart contracts. They have formal verification and type checking. Ethereum has too much technical debt because of solidity. They now have to maintain solidity functionality is all their future released.




BTW if you did not know this yet, the Synereo dev was hired by Etheruem to teach Ethereum how to build their PoS blockchain. That should be an easy give away as to which blockchain will end up being better.




Do you have a source on this? This is pretty interesting news. I know the Synereo team is very advanced and little is known what they are building. I have heard that they will likely be the first PoS blockchain on the market.

If you watch the hangout sessions on YouTube and read their blog posts all this information is old knowledge.  They lay it all out for everyone to see and are extremely transparent on their motivations and progress.
969  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem systematically torn apart by Tone Vays... on: August 19, 2016, 07:51:22 AM
I see Charlie Shrem is using Steemit.

Lol  Did Stan offer him free brownies to post?
970  Alternate cryptocurrencies / Altcoin Discussion / Re: Synereo same ponzi scam like Steem? on: August 19, 2016, 07:21:59 AM


Looks like SYNEREO AMP might be a same pyramid scheme like STEEM.....Both have similiar monetization techniques


Post to make money....is like Pay to Win. Also AMP has a large premine like 90%, afaik



What are your thoughts guy?

The big difference is that Synereo is fully decentralized and Steem is centralized.  Steem will collapse on its own, but Synereo will be around for years due to its decentralized nature.
971  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem systematically torn apart by Tone Vays... on: August 19, 2016, 06:22:29 AM
Steem's a total scam.  If you want to take part in a REAL decentralized social media network, come on over to Synereo.
972  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: August 19, 2016, 06:19:49 AM
Looks like huge dumps are coming soon..

Price go below 20-15k.....Fake buy walls getting removed



Nobody with any common sense is selling.
973  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: August 19, 2016, 06:17:52 AM
Can anyone link me to a very plain english explanation of current float, distribution, total # of coins, why there are 184,800,000 AMP on CoinMarketCap, etc.

I don't know how to explain it. But check this distribution out https://discuss.synereo.com/t/is-synereo-actively-selling-amps-on-bittrex/66343/2

The market consists of 50M coins sold in the first crowdsale plus ~7.5M coins distributed as bounties for work.  Coinmarketcap is wrong.  I don't know why Gliss doesn't update it, but I'm guessing it is because nobody has paid him to update it.  Imo, he'll update it in due time when Synereo gets too big to ignore, and his site will become irrelevant if he doesn't update it.  Total coins are 57.5M right now.  At 23k sat per AMP, it puts the total marketcap at ~$7.6M USD, which imo is pocket change for this type of revolutionary technology.

Here's a chart that breaks down the plan for the currency distribution:

https://docs.google.com/spreadsheets/d/1r1G-ROS4vgHK84qfn1CBIxuXZQCCvIicCTQSxW1T_mo/edit#gid=1156984041
974  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: August 18, 2016, 09:54:26 AM
Liftoff to 0.002btc!!!!  Grin

Imo, it's coming.
975  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Synereo pump incomming on: August 18, 2016, 09:52:43 AM
I was told there will be another ICO to raise more fund for the project. Anybody know when the ICO is going to commence?

September
976  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: August 18, 2016, 08:50:31 AM
Huge pump due to alpha release, amazing performance.   Shocked Shocked

What huge pump? Market just returned to its pre-despair price, before some dumped out until 14k sats, thinking nothing is happening to Synereo.

Now everyone knows before the network launches, there will be a huge pump as always. So right now, whales are trying to catch dumps and accumulating. Just watch dumps quickly being absorbed.

I tried to tell 'em.  You all know I tried to tell you.  What more can I do?  Prepare for liftoff!
977  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TRUMP] TrumpCoin SuperPAC on: August 18, 2016, 08:46:15 AM
Guys, I threw this Trump(coin) video together in a few days.

https://www.youtube.com/watch?v=uZ2w2g9tjCQ

First shared it on /biz/ here (you can verify its me by looking at my addresses here in my signature in that /biz/ thread or in YouTube description.)
http://boards.4chan.org/biz/thread/1443400/trumpcoingeneral#p1449308
Let me know what you guys think.

978  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Synereo pump incomming on: August 18, 2016, 08:34:12 AM
For a trader or investor, a "wait and see" strategy means buying higher with lesser chance of losing big but buying now may mean huuuuge profits.  Grin


Buying every new coin that shows up is not the best line of practice in trading. One has to wait and see how the coin fares before investing in it - the key to high profits is investing once the price starts to rise.

That's what they said at 1000 sats per AMP.
979  Alternate cryptocurrencies / Altcoin Discussion / Re: no intresting Alt Coin new project round the corner???? on: August 17, 2016, 08:45:54 AM
Synereo
980  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo on: August 17, 2016, 08:40:29 AM
I have been reading about Synereo lately and I have a couple of questions. At first, I read that Synereo is something like a decentralized social network platform, something like Steemit but better according to some people. But I read recently that it is a platform capable of executing smart contracts. So what is Synereo? A smart contract platform or a social media platform? Did it pivot in the middle of the game?

From watching some hangouts and seeing what they have been talking about I think the project has expanded from its initial decentralised social media platform.

I would not compare Steemit. From the rewarding of the users its similar but this is a decentralised platform with about 2 years of R&D. This means the entire network operates without a central server. So I believe this is an entirely P2P system.

From what I have seen in hangouts Synereo had to build their own blockchain. I know Greg was working closely with Vitalik and Vlad from Ethereum but I think the issues they ran into was Ethereum was not capable of hosting this type of network. So they built their own POS blockchain.

So I would not say a pivot as the social media is here now. (or coming soon) but the project has grown in scope.

This is my take. Maybe someone can expand on this.

Synereo is a fully decentralized technology stack built upon SpecialK, which Greg has been developing for years, and will soon be integrated with a PoS blockchain capable of hosting dApps with superior protection than Ethereum/DAO.  The network's built in REO and attention economy model allow for an unprecedented social networking application to be built on top of this fully decentralized technology stack.  The social network is only one application out of many that can run, share data, and utilize the AMP PoS blockchain cross-platform on the tech stack.

TLDR: Synereo is everything you want. Synereo is everything you need.

Read this for more info: https://www.synereo.com/learn-more/
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