What? 6 months eh? 

Phantom has been on the testnet for less than 2 months now - give the devs a break guys and some time to develop complex software properly.

So I kept emailing CoinExchange and telling them that the FOOT devs already send them the updated wallet and they just need to implement it - they just now replied this:

Still no luck with CoinExchange - coins are still blocked there.

This is what they answered to my ticket:

So you're basically saying we're fu*ked?

I mean all withdrawals are disabled and the old v1 network is getting shut down in a few days right?

Trading is speculation in itself. And its ok if you're basing it on sound parameters - we're all grown men/women here.

But if somebody pushes the price by fraudulent means (fake liquidity or bot-based manipulation - most of this is illegal in regulated stock markets but of course nor regulated in crypto) because they want to take advantage of newbie traders - then its a problem.

Because lots of people might lose their savings on short-term trades they are baited into - especially in this case because these GAS frauds are basically riding NEO's success.

LOL panic sells piling up somebody's profits are going to get eaten 

Nope - not doing anything - just trying to withdraw.



The disappointing thing is that I just transferred my FOOT to CoinExchange from Cryptopia like a week ago (was still hoping that you guys would work out an automated swap with them), but now can't transfer out of CoinExchange. And after doing so much work - installing a Windows VM on my Mac and syncing for 2 days.

I've sent them a support request but its probably beyond me to handle on my own because its a wallet issue - could you get in touch with them and ask them to reenable it? Its just for a few days anyway right - after that Footy is on a new chain anyway.

Don't get why people are so gullible.

Just throwing money away at something basically worthless - NEO transactions are currently free (for an undefined amount of time), GAS utility is basically still undefined in many ways and even if you believe you'll get something from staking/bookkeeping it - thats like years away. Even NEO ICOs will accept nothing more than NEO/ETH/BTC/Fiat - because a working NEO economy is still years aways and still clouded in mystery.

To make matters worse - I've been watching the books on Binance. You'd see all these 1000+ coins sales/buys appearing and disappearing (in regular intervals) but then look at the trade history and see only like single/double digit sales really happening

Manipulation at its finest - lots of people are really going to get burned...

So - I have installed V1 wallet and let it sync for 2 days. Only to now find out that I can't transfer the coins because CoinExchange gives this error "Error: This currency is currently halted or in maintenance mode. Please try again later." - have they locked up the v1 coins for good? What happens now? Could someone from the Footy team handle that with them?

Couldn't the devs just to an automated swap with coinexchange.io?

I'm on a Mac and installing windows and then two different wallets just for this is not trivial 

Don't think they're doing the same thing. Sia seems to be about the personal cloud i.e. backups like Dropbox and such - while Shift is mostly focusing on web hosting (like providing server space/dns for websites that you'd see in your browser).

The confusion around Sia seems to be that they're calling their hard drive space providers Hosters as in they "host your data" - but they don't really mean hosting as in "web hosting" (the established server/technical term) 

Well they could all have "developer" written under them or they could have titles like CEO/COO/CTO/CFO (which never make sense in projects/companies below 10 people anyway) - but no matter the title, you should judge them by what they built over time and look at their Github updates. Anything else is not really important.

Its still early in the crypto world so I'd personally rather back infrastructure projects with a good development team behind it - then projects where an experienced team of managers is doing a 100 mil. $$$ ICO and their plan is to just hire some developers later on if everything works out.

Because everyone knows development is just the easy part and great developers grow on trees - right? 

Why 3-4 things?

They've been doing just 1 single thing - Phantom. P2P hosting gateways with a custom DNS that can map to standard domain names. After months/years of development its finally on testnet and everybody can play around with it - once the bugs are worked out in a few weeks it goes live on the mainnet. Its quite remarkable in my humble opinion - finally a blockchain project that anybody (users) can profit from without installing extra software or knowing anything about it. It just works.

After thats finalised - they do the payments, etc. Because you have to support the ecosystem i.e. the people that are running servers/nodes/gateways should get paid for hosting the data and providing their resources. Next step after that - a way to host dynamic (server) content. Logical steps I think.

As for the developers - the core team is actually listed on the website . Some of them did chose to remain semi-anonymous but thats their choice - in the end as an investor I think better to judge them by their contributions to the project and activity ( for example on Github ). Or just talk to them on the Ryver forum - with over 1000 members its actually quite active and developers respond to questions regularly.

BTW Shift is a great buy at the moment in my opinion - pummelled by the bloody bitcoin crash pretty hard. Its at least 50% less than most of us paid for.

Don't get me wrong - but why do people keep blindly asking to see a white paper for every crypto project out there?

Is it because every scam ICO needs a white paper, a wordpress site and a slack group? Do 10 pages of overnight quickly thrown-together text really hold the power to persuade you that that project is going to be a huge success? With ICOs - 99.9% of white papers I've seen are just embarrassing - no tech info, bold claims and loads of grammar problems.

To come back to your original question - no, Shift doesn't have a white paper - it never had an ICO. Nobody ever presold its entire stock to start up a fictional idea with an initial 100 mil. market cap. Its an older project where experienced developers came together to develop something great - originally just for fun. Other people found it and invested in it because they realised that that fun little project has the potential to explode into something amazing.

What is so amazing about it?
Decentralised internet via IPFS and dApps. Sounds vague enough right? Maybe - but the first dApp is very very clear and targeted - Phantom, cloud-based P2P hosting with a DNS gateway to tie that to regular domain names. Yup - you get your domain name, connect it to the Shift gateway and voila - your site is hosted across 100+ servers. You can't ddos it or take it down, you can't censure it and it costs you a fraction of what it would if you were to host in on a grid server or Amazon Cloud...

Is it all just science fiction?
No, thats the benefit of being around for a while - Phantom is already on Shift testnet - everybody can upload stuff and play around it with. For example play around with this litle game a test user created and shared on Shift - and again, this is not science fiction folks - its already hosted on there and new kind of Internet is already in the making! In a few weeks it goes on the mainnet and thats where the fun begins and I believe the project will explode.

Whats all that other crap about payments/sidechains/etc?
Thats all coming up - I firmly believe in Shift and they're razor focused. Hosting came first. Then come the payments so that the "little people" running Shift nodes/gateways can get paid for hosting your shit. etc. etc...

What do you love about it so much?
They're not f*cking trying to do everything. They identified a real niche market and they're razor focused that. How big is that little niche market? - like half of internet is hosted on Amazon S3 and similar cloud providers... do the math.. real solution working on a real problem! timeframe? not 5 years for now, not 1 year from now - now!

Why should I believe you?
You shouldn't. I'm just a new registered users with 0 previous posts and I didn't even send you a white paper  Do your own research - read the website and their road map (although they're working on a new one I hear), check out their Github and register on their community forum their community forum to discuss these things with the developers and hundreds of users/gateway operators. And for God's sake just try Phantom on your own!

Excuse the rant