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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion on Ethereum a month after. on: September 16, 2015, 08:57:29 AM
Agree would be nice to see one of the cryptos making it big in the commercial world.

Something to ponder, to take a punt on 100 ethers ($90), you would need to invest $5,366 (BTC23)in Bitcoin to achieve the same percentage investment of the total final market cap. (100/90,000,000 and BTC23/21,000,000)

Disclosure: I'm a Bitcoin, Ethereum, Ripple holder amongst a couple of others.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion on Ethereum a month after. on: September 16, 2015, 06:35:28 AM
This keeps getting better.


"Nine of world's biggest banks join to form blockchain partnership"

http://www.reuters.com/article/2015/09/15/us-banks-blockchain-idUSKCN0RF24M20150915

"Rutter said the initial focus would be to agree on an underlying architecture, but it had not yet been decided whether that would be underpinned by bitcoin's blockchain or another one, such as one being built by Ethereum, which offers more features than the original bitcoin technology."

Die hard bitcoiners would be mad not to hedge their bets.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion on Ethereum a month after. on: September 16, 2015, 06:06:12 AM
http://www.ibtimes.co.uk/rabobank-experiments-ethereum-via-smart-cash-wallet-1519910

"We are looking into Ethereum because it can save us so much work in programming all the interfaces and infrastructure ourselves."

Another bank looking at Ethereum, looks like current price may be a bargain.What many people who have not kept up with Ethereum fail to realize is that there will no longer be an endless supply of Ethers.Vitalik has indicated that there will probably be zero or even negative inflation after the move to Pos which will mean a total of about 90 million ethers.Even with a price move of 10x that will still be a 1/4 of bitcoins current total market cap.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion on Ethereum a month after. on: September 15, 2015, 09:12:05 AM
http://www.ibtimes.co.uk/ubs-reveals-its-interest-sidechains-well-ethereum-1519706

From the article, "We are not looking to create a UBS blockchain - we want to use open standards and we don't want to a UBS virtual currency," he reiterated.

"This is really to enable blockchain transactions, whatever the blockchain is - could be Ethereum, could be Bitcoin - we haven't finalised the design, we have just come up with the deployment if you will."

"We do at this point see a lot of value in multi-asset, smart contract-enabled platforms like Ethereum.

Batlin recently tweeted that coding up Ethereum was both nascent and fun.

"It's of course an experiment, but we found that we achieved a lot with this platform in a short amount of time.

Well looks like UBS certainly seems to like Ethereum.They also have a partnership with Clearmatics a company which has Vitalik Buterin as part of their team.No prizes for guessing which blockchain they would be pointing UBS towards.

5  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the best POD evaluted coin? | Vote for the best coin with POD on: September 25, 2014, 10:41:48 AM
Xcloudcoin - probably the most undervalued coin out there at the moment.
6  Economy / Speculation / Re: Bitcoin Price and Mining on: September 21, 2014, 11:06:00 AM
Many posts on Bitcoin tanking possibly to double digit figures,but surely the price can't keep falling below what it costs to mine a coin. Many miners must surely be pulling out at these prices?

So you assume miners must have a profit? If price drops to double digits they'll simply have a loss and get out of business, simple as that. Price doesn't depend on them, they depend on the price.

That is my point - Miners go out of business because it is not profitable,  this means less supply on market which means price should rise - miners get back in. Therefore until all the coins are mined the price will/should depend to some degree on miners.

If it is no longer profitable to mine then the total supply of coins will remain at 13mil. The bottom price of Bitcoin should really be above the price of production.
7  Economy / Speculation / Bitcoin Price and Mining on: September 21, 2014, 08:39:32 AM
Many posts on Bitcoin tanking possibly to double digit figures,but surely the price can't keep falling below what it costs to mine a coin. Many miners must surely be pulling out at these prices?
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLD] XCloudcoin | Profit Share | XCloudIM Google Play | 1 Million coins on: September 18, 2014, 09:18:24 AM
Great work Dev, as I said earlier I didnt think there was a premine dump. This coin has a great concept behind it and a Dev that actually takes steps when people are trying to manipulate it. The community needs to start getting behind him.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLD] XCloudcoin | Profit Share | XCloudIM Google Play | 1 Million coins on: September 17, 2014, 05:30:28 AM
I agree re the premine addresses for transparency, but somehow don't think this is a premine dump.You buy up eveything up to say 10 sats and new sell orders get placed at 8 or 8.5 sats ,why not at just below the last buy value.This is a deliberate attempt to devalue the coin. This is one of the few altcoins with an actual business behind it yet it is struggling against so many shitcoins that have nothing to offer.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLD] XCloudcoin | Profit Share | XCloudIM Google Play | 1 Million coins on: September 16, 2014, 07:17:30 PM
Who is responsible for keeping the price down. I have spent the last week buying up anything under 9sats but the sells keep coming at ridiculously low volumes and prices. Beginning to get really annoyed.Would have thought there would be a lot more buyers at these prices too.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GUE]GuerillaCoin - **NEW ANDROID APP SCREENSHOTS** - Dynamic Interest on: August 11, 2014, 04:19:27 PM
Holding on - but the silence is killing me.

Down 50% on my investment, some positive news would be great.

Putting a lot of faith in the new Devs.

12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: {ANN} MorCoin - Investment Multiplier! 5M Max! - Distribution begins 6/29/14 !!! on: June 29, 2014, 12:02:44 PM
Just paid 0.02BTC - Good luck with the launch.
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