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1  Bitcoin / Project Development / Moonify partner with Spells of Genesis on: January 24, 2019, 09:06:41 AM
Moonify.io have partnered with spellsofgenesis.com, one of the first blockchain games. The Mooniz App software enables you to collect their BCY token with spare CPU power.

A small guide on how to get started has been published at Coinscribble:

https://coinscribble.com/how-to-collect-bitcrystals-bcy-with-mooniz-app/6795/guide/20/

Cheers.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: [pre-ANN] Mooniz.io XMR MINER + REWARD CURRENCY on: January 17, 2019, 03:42:00 PM
We're pleased to announce the latest iteration of our CPU miner Mooniz App V 0.2.1!

https://download.mooniz.io/app/

This version has:

  • Improvement — Minor changes on UI (Elements dispositions, better clarity)
    Bug fix — Problem displaying big numbers (balances)
    Improvement — Saves the last used currency per user
    Improvement — Add values in settings (sliders)
    Improvement — Auto select the current coin in coin selection page
    Bug fix — Instant refresh of the coinrate when loading home page
    Improvement — Add Version + Device ID in settings page

To read a full update, check out our latest blog post: https://medium.com/moonify/mooniz-app-v0-2-1-beta-has-officially-landed-18196e389335

Cheers
3  Economy / Trading Discussion / Re: 2 tips in trading for beginners on: August 03, 2018, 09:07:52 AM
Two very important tips for beginners in trading:
1.   Always look at the market capitalization and not the price of the coin. Many think that they should buy ripple as its price is relatively cheap to Ethereum’s.
2.   Many traders cannot spend much time in this market.  Crypto trading not just on a daily basis, but on an hourly basis. It’s not everyone that can play this game. Nevertheless you need to consider the amount of time invested in the process

I think that trading volume should not be excluded from deciding whether to invest in a coin..
4  Economy / Economics / Bitcoin the future of money on: August 03, 2018, 09:02:19 AM
Not sure if this has been posted here before. This video is a debate between Peter Schiff and Erik Voorhees about whether or not bitcoin or another crypto currency will eventually replace gov fiat money as an exchange of value.

The moderator is clearly biased and quite annoying with his interruptions but the debate is really fascinating (well, for me anyway). Who here has watched it and does anyone like Peter:) ?

https://www.youtube.com/watch?v=q8R71WGO3qU

Enjoy.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Few words about TEZOS! on: August 03, 2018, 08:56:21 AM
Thanks for the reminder about this project, there are so many of them that you kind of get bogged down by which ones to read more about. I will definitely give this some more reading.
6  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The market does not look good! on: August 03, 2018, 08:52:48 AM
So, now is the time to buy back in low I suppose. Get greedy when everyone is selling, isn't that the motto?? Smiley
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2018 Crypto payment card update on: August 01, 2018, 03:26:42 PM
I've seen Andreas Antonopoulos talk about some crypto debit card. I think it was in his interview with joe rogan. Might be worth a rewatch..
8  Bitcoin / Project Development / Re: Blockchain on: August 01, 2018, 03:22:16 PM
I would agree with that sentiment. I know that many people don't like the word centralization and some projects are centralized like Ripple, some other coins too. It is a mistake to judge a project as bad as soon as you say that it's centralized though I agree...
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Monero a Good Investment? on: July 24, 2018, 02:03:57 PM
I believe that Monero is a good investment too. It is one of the better privacy coins compared to Zcash for example
10  Alternate cryptocurrencies / Altcoin Discussion / Re: So Who Agree with me On this picture about ICO projects? on: July 24, 2018, 01:27:34 PM
It might be good to have at least a MVP product before asking for any extra capital, I appreciate that this might be difficult given that you need money to do things but far too many ICOs promise so much and deliver so little. Just my opinion..
11  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH or LTC long term? on: July 19, 2018, 02:34:12 PM
I would so long on ETH. I have both too but ETH has greater potential I think..
12  Bitcoin / Project Development / Re: Blockchain on: July 19, 2018, 02:32:15 PM
I see a lot of response here, couple of clarifications are mandatory.

when I say centralized, I do not mean a single node, I mean the management is centralized, similar to private chain, I do not mean we have a single node.
in regards to the point of block chain, we will continue having people who mine or we will have multiple private chain owned by different companies, the point here that the management of the cryptocoin is centralized and managed by a single person or a small group who issued it.

you can attached a coin value to existing currency or commodity, there are countries who did that for many years, and some of these countries are doing very well now, one I believe is the world largest economy

I do not require any mining to discover currencies, the purpose of the miners is to loan computing power to the processing of transactions, they will be paid for their processing, however, the miners work distribution will be controlled and optimized by the centralized management, it will decide how many nodes will handle how many transactions to ensure fault tolerance, and also include high availability, to illustrate,  with a scenario which has 1000 nodes and 1000000 transactions a day, I will find  way to distribute the load to that subset of transactions which is based on some load balancing logic will be handled by each of the nodes, this will optimize resources and still maintain the benefits of blockchain

What I mean about fixed number of block, is that since it is distributed private chain, there is no mining, its like all the coins are premined and distributed based on real work, the total number of coins is determined at the beginning of each period and issued in advance, as I said, miners are paid for their work, not to discover coins but rather to process transactions based on the rules above

Swift and ACH are some of the technologies currently used by banks to send and receive electronic payments between themselves

I can and will get rid of fees, this is because if the coin is attached to a real currency or commodity, I do not require exchange to determine the price, since I am paying the "miners" I do not need to have additional fees built into the currency

I think the main issue here is the centralization that people don't like.
13  Bitcoin / Project Development / Re: Blockchain on: July 19, 2018, 01:42:56 PM
In order to retire credit cards and cash, remove banks from the equation and  move completely to cryptocurrency we need to address several key topics.

1. Centralized cryptocoin management, not this >50% crap
2. Allow blockchain to not only be secured and provide disaster recovery and high availability but also be scalable, fast and allow for selected load balancing
3. to stop volatility to attached the currency at least until common and distribution to billion users to common "rea and stablel" currency value
4. remove the concept of exchanges from crypto currency completely and maintain transaction cost to 0 or very close to it (fixed 1 cent for any transaction size sounds good)
5. Issue annual fixed number of currencies per period, depending on macro economics analysis and expected market share
6. retire switt, ACH and any other legacy system rather than find ways to connect to them
7. abolish bank fees and banks overall, we can use central banks to reduce interest rate and change the risk evaluation process, allow integration to accelerate loan decisions to seconds rather than weeks, including home loans,
8. go after insurance next, machine learning and AI will make more informed decisions, based on AI and Machine Learning, centralized management will provide KYC and other critical data to the appropriate governing or compliance bodies

who is with me?




1. The whole point of decentralisation is that it's decentralised
2. With a decentralised system you have to be very careful with your private keys. I'm assuming this is what you mean by disaster recovery and losing access to your funds. Also, scalability is being working on by most projects, speed too.
3. Any new currency will be unstable and the volatility is a product of market forces you have no control of
4. I see a few issues here. Exchanges facilitate entry for newbies (myself included). The emission curves of certain currencies means that the more BTC there is for example, the fewer miner rewards that are received. If you were to lower fees you would lessen the incentive for miners. Also - kinda related,  an NFT collectible site called opensea has just introduced feeless transaction for sellers when they add things to auction. Essentially, they pay no gas via smart contract interaction for adding an item onto an auction website. I think we're getting somewhere here..
5. Not sure i understand this - could you clarify. A fixed number of BTC for example is issued each year every time a block is found
6. Don't know what they are Smiley
7. You can't get rid of fees sorry. BTC transactions go through miners who take a cut. These are fees.
8. I think there are some projects like this but i'm unsure.
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which Coins are a great LONG-TERM investment ???? on: July 19, 2018, 12:51:41 PM
Bitcoin, Ethereum and Monero.

I thought Vechain would be quite promising but recently it has been dropping a fair bit. The supply chain side of things for blockchain is really interesting.

Also, any coin that gains traction is gaming will definately stay. Gamers have a real incentive to use blockchain project like BUFF, WAX, Bitguild, Robot Cache etc. Any project that allows tokenization of in-game assets is super important. Let me explain. Online gaming is growing YOY, there are secondary markets for in-game items are people pay ridiculous prices for guns/knives/shields etc (opskins etc). Several companies are working on solutions to purchase in-game items and store them in wallets (actual ownership) and this is important for gamers. The games industry will continue to grow. I don't know which one will win but the winner needs to partner with the right companies and gain traction. Let the fight begin Smiley

15  Alternate cryptocurrencies / Altcoin Discussion / Re: NPXS (Pundi X) on: July 19, 2018, 12:37:36 PM
Hey,

What are people's thoughts on NPXS? It was recently announced that it would be added to Binance. The price has been dropping recently?

Why would the annoncement of an addition to Binance make a token's price drop? Could it be sell-off by strong investors to buy back in at a lower price?

Thanks,
Andy

I am lucky enough to have this coin last february. It gave me a decent ROI. I'm planning to buy back PUNDIX since it was down right now. Probably need a good entry tho. This is no shit coin. XPOS product is growing rapidly in Asian Market.

Nice, I bought in waaaaaay too late. So now I have a bag of expensive pebbles to hand on too.. haha  Grin
16  Bitcoin / Bitcoin Discussion / Re: How did you recover from your loss in bitcoin investment? on: July 18, 2018, 07:48:03 AM
Has anyone made back their earnings with yesterday's pump  Roll Eyes Wooohoo, one whole 10%
17  Bitcoin / Bitcoin Discussion / Re: How did you recover from your loss in bitcoin investment? on: July 17, 2018, 02:10:23 PM
I don't have any choice other than to wait it out. But I never intended to sell anyway so I just try to stay positive. The longer you invest the less risk you have anyway...
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Potential coins on: July 10, 2018, 03:54:58 PM
I think that the top coins will be Bitcoin, Ethereum, Litecoin, EOS and Cardano. However, there is a lot of development undergoing in Blockchain gaming. Blockchain technology solves a lot of the gaming industry's problem (not saying that this is the only sector where problems can be solved) and they can used immediately. The global gaming industry is huge and growing yoy. Many companies are setting up ecosystems and secondary marketplaces for skins, in-game items that gamers are really attached to. I wouldn't exclude projects like WAX for example and even newer projects like Bitguild, BUFF and Alto are providing solutions to gamers to their pain-points.

So yeah, potential coins - look at gaming market. In my opinion.

Just my 2 cents.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: What percent of ICO's are scam, on your opinion? on: July 10, 2018, 03:06:57 PM
Apparently more than half of ICOs fail within 4 months.

Just came across this in my Twitter feed: https://www.coindesk.com/over-half-of-icos-fail-within-4-months-suggests-us-study/

Basically, they use social network activity as a metric. Those ICOs that don't have any activity after 4 months are considered dead.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: What percent of ICO's are scam, on your opinion? on: July 09, 2018, 02:17:35 PM
ICO is half dead! There are still many ico that is successful nowadays. I think its because of ico are so many and very crowded in the ecosystem that's why there are many ico not successful in their fund raising. We know for sure that a crowded market makes investors confuse on the right project to chose.

The problem was that basically investing in any ICOs in 2017 predominantly led to returns. There was an interesting statistic that I read from VC Mangrove capital that said that there was an average +13.2x return for investors for ICO had investors blindly invested in every on to date, including those that failed. There was an obvious bubble around these new crowdfunding mechanisms and people just threw their money at projects without even reading whitepapers  Huh

I don't know how interesting it is to know what portion of ICOs are scams or not but I think it is better to learn about what kind of problems are being solved by [Suspicious link removed]panies and then invest based on what solutions future/existing companies have. Sorry if I responded differently to the question you ask but I believe maybe you asked this because you are not sure about the market as a whole. I'm not saying that I am either but perhaps my answer will give you extra info (perhaps not :p).
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