There are people who never buy into icos like myself. If i want to buy a position in such a project i go over to bitmex and buy a future contract so i don't have to put my money into a black hole, download wallets, trust devs, be locked in my position and whatnot. The future contract i can sell at any time, am not locked into the position and only need to trust the established exchange, not some random devs. I'd recommend people buy more futures than they actually buy the icos. You'll get a discount on fees if you sign up via my referal link: https://www.bitmex.com/register/RU1x80 |
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Coingenerators exist where they let you create a simple generic Litecoin clone for a few hundred dollars or less. You don't need any coding experience for this.
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exactly, latency is a big issue i found. Maybe the cause of most forks. I've seen alts with 3 or 4 different chains going on at the same time, forks you could send coins between chains back and forth, blockexplorers on different chains and whatnot. I've seen coins break in many ways. I think it's due to latency very often.
Attacks do happen too. Look at megacoin. Its network was crippled for whatever reason. It never recovered because of that.
Knowing early when the coin you are holding starts to be defunct (mostly more problems occure after first problems show) could give you a decent edge imo.
Personally i think most altcoin blockchains have hickups at one point or anther.
Possible we've seen KGW fail too, i don't know.
Let's not even talk about POS, they fork all the time ... clams forked to death, PPC forked to death and so on ...
knowing in realtime when forks occure will be valuable info to a trader.
If someone of you coder-guys would write a good software for such detection i think that software could potentially sell for good prices around here... or host a website which shows data for many alts. You could earn a lot via advertisement on such a site imo.
Just an idea for you coders ... if you can deliver a working product for that you should be able to earn some money on that imo.
Traders are hungry for easily accessible realtime data. There is money in providing those services.
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It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?
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I'm not an expert, but that's how it should work: Clients - at least those that are based on the Bitcoin design - detect all blocks (if the network is not partitioned) that are propagated in the network. Every block received should be announced in the debug.log file. So in the debug.log you would see if blocks are accepted on the chain where your client is "residing" or not. So you can conclude that all blocks that are not accepted by your client belong to other chains (or are invalid because of other reasons). You should be able to collect their hashes from debug.log and follow the chain to its origin following the "hashPrevBlock" values. If you do that for all "not accepted" blocks, you should be able to detect all chains. Maybe there is a script that could do that. It shouldn't be hard to code it. (I just read here about the -printblocktree option. Haven't tried it, but that should do the trick - you would have to observe the debug.log then.) This helps a lot. Thanks for pointing this out. |
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Maybe i didn't make it clear enough in the OP. I put in an edit.
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Altcoins fork sometimes due to various reasons.
I was wondering if there's a reliable method to detect how many chains for a coin are actively mined at a given moment in time? Anyone know of a good method of detecting this?
edit for clarification: we're talking about unwanted forks not forks by the dev. The kind of forks that happen from attacks, code issues, hashrate fluctuation and whatnot. So not regular and announced forks but accidental forks.
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No registration? Can we register later again?
Haven't posted here since a few months. If i keep posting i'll get coins with the next airdrop, right?
Do i need to post BS for all the time of the airdrop or what because then i'd have to calculate if it's actually worth my time.
Not going to post here daily for some measily coins. Say it ain't so.
 Measly? ... I've only been in since drop #3 and I've received half a bitcoin worth at the current price ... $2000 isn't very measly if you ask me Is that so? Ok, maybe then it's a different story.... been just coming back to crypto after a longer absence. Who would have thought this party keeps going like this? |
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Is ico eth only or will btc be accepted too?
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No registration? Can we register later again?
Haven't posted here since a few months. If i keep posting i'll get coins with the next airdrop, right?
Do i need to post BS for all the time of the airdrop or what because then i'd have to calculate if it's actually worth my time.
The rules are changing steadily, you have to read the thread every day, if not you could miss an airdrop, because the rules are changing really often. Ok, thanks. Noted. |
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No registration? Can we register later again?
Haven't posted here since a few months. If i keep posting i'll get coins with the next airdrop, right?
Do i need to post BS for all the time of the airdrop or what because then i'd have to calculate if it's actually worth my time.
Not going to post here daily for some measily coins. Say it ain't so.
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If they were pumping it with ico-money only they were a huge fail with the dao. And now nobody is touching that shit and they'll have to eat the very high inflation all alone.
Noob-traders, that's for sure.
Basically they pumped everyone and let all people sell high, lol. Must suck to be the pumper, greed is a bitch. He's probably hanging mid-air with nobody else supporting the price.
Not exactly the best spot to be in and all kinds of legal troubles on the horizon for them aswell. I think they'll have to shut down developement rather soon in case they gambled with money that was ment for developement funding (which the ico was ment for). Are they doing independant audits of their financials?
People should ask to see the btc on the chain and a verification that it's theirs. Maybe they are out of funds already?
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There are other people more wrong than you are. I think you could run with that. But never be too sure  Also: stay 5 yards away from ico-scams because they're most likely all rigged. |
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Uno can be directly traded for precious metals at coaex or with other people in the community btw if that is what people are looking for. Uno-community is a cluster of gold and silverbugs.
99% of other coins pale im comparison especially in a fiat-meltdown-scenario.
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I recommended coins that have 0% inflation, as requested by the OP. I'm not a fan of any of them, but at least the don't pretend to be something that they're not, i.e., fairly distributed PoW coins.
You're talking out of your ass, sorry. Here's the table, blocktime was 3 minutes, always. Nothing was ever changed in the emission. The coin forked exactly once and that was to implement auxpow (merge mining) with bitcoin. Everything is documented in the blockexplorer. Care to provide something to back your talk up? Probably not,eh? Blockreward fell exponential. There is no better way to produce a low inflation coin. Uno is bitcoin on steroids. B=blockreward  Have a magnificent day. |
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See NXT, NEM, QORA, etc.
super fast emission curves.
You recommend coins that all had their entire supply generated in the genesisblock but then dare to call Uno 'super fast emission'. This is inconsistent reasoning. You've got ulterior motives. gtfo |
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Security can be an illusion though. For instance, onename (I think) dropped namecoin because it had a high hashrate that was completely dominated by a single pool, f2pool i think. Same deal for huntercoin, which uses both sha and scrypt, but f2pool owns 99% of the hash on both algos I think (tho they've announced they're going to stop mining huntercoin soon).
I think myriadcoin has a nice approach of using five algos, sha and scrypt being merge mined, and the three GPU/CPU algos not. That way a single monster ASIC pool can't own the coin least. Unitus also has an interesting approach of using five algos all GPU/CPU and all merge mined.
Tl;dr - hashrate != security
It is true it should be as diverse as possible. On the other hand the level of diversity is also subject to constant change. "Security" remains an illusion in all areas of life if you think deeply about it, it's not possible to achieve a 100% security in anything. It's always a relative security. (same goes for btc, your 401k or your fiat $ ... or even your precious metal holdings) |
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bump for investors who are looking for something more resilient
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1 Billion USD down the toilet isn't good for marketing crypto
The money isn't lost. It's only transfered. |
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