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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POW] EPIC - Epic Private Internet Cash | MimbleWimble | Dandelion++ on: August 23, 2019, 05:33:20 PM
Section 2.1.4 of the technical whitepaper reads:
Quote
By having a flexible cipher policy, we can take advantage of opportunities in the mining marketplace to acquire the greatest possible hash power. As certain kinds of hardware stop being economical on other chains, we can make room for them on Epic at a lower price, increasing their return on capital while delivering hash power to the network at a lower marginal cost. As other kinds of ciphers stop being effective, we can diminish or eliminate their allotment on Epic, making room for newer providers.

Can you provide any practical examples of such a policy working in any other PoW cryptocurrencies?

What are the potential attack vectors introduced by having a flexible cipher policy, and how are they mitigated?
2  Alternate cryptocurrencies / Altcoin Discussion / Investor Warning: Arisebank ICO “strategic partnership” with Bitshares is a scam on: December 18, 2017, 12:24:16 AM
I won't be following this thread actively, but people need to be aware of this:

https://medium.com/@aenigmacapital/investor-warning-arisebank-ico-strategic-partnership-with-bitshares-is-a-scam-96b8b473a61d
3  Bitcoin / Bitcoin Discussion / HOW TO USE BITCOIN FOR REMITTANCES TO VENEZUELA on: December 10, 2016, 06:45:39 AM
Check it out and share with your Venezuelan friends!

https://wesdewayne.com/2016/12/10/how-to-use-bitcoin-for-remittances-to-venezuel
4  Economy / Economics / What the Italian Referendum could mean for the price of Bitcoin on: December 02, 2016, 05:18:05 AM
Check it out and let me know what you guys think!

https://wesdewayne.com/2016/12/02/what-the-italian-referendum-could-mean-for-the-price-of-bitcoin/
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: WHAT A BAN ON GOLD IMPORTS COULD MEAN FOR THE PRICE OF BITCOIN IN INDIA on: December 01, 2016, 04:23:08 PM
you are saying a ban on "gold" "imports". that will only affect gold prices and if gold becomes even a little bit scarce its price will go up. and gold price and bitcoin price have not been exactly taking effect from one another and it certainly has no effect on altcoin prices.

and the article seems to be mostly "ifs" rather than facts.

The article is certainly speculation of things to come. However, as you mentioned scarcity due to import restriction increasing price intuitively makes sense, however let's consider that in India, gold was a conduit to hold unaccounted for wealth. With this option greatly stripped if imports are banned, those seeking to store unaccounted for wealth will need another medium to accomplish their objective.
6  Alternate cryptocurrencies / Speculation (Altcoins) / WHAT A BAN ON GOLD IMPORTS COULD MEAN FOR THE PRICE OF BITCOIN IN INDIA on: November 30, 2016, 08:17:45 PM
Check out this article I wrote last night. Feel free to drop a comment here or on my website if you'd like to discuss!

https://wesdewayne.com/2016/11/30/what-a-ban-on-gold-imports-could-mean-for-the-price-of-bitcoin-in-india/

Cheers!

Wes
7  Bitcoin / Project Development / Re: Any tips for finding and building a team to work with? on: November 23, 2016, 03:36:02 AM
I'm working on my game development project and going it solo is taking a long time. I'm making progress, but would like to farm out pieces of it and then get other people later on to help with things on the marketing of it, etc. Everyone once in awhile, I'll get someone to help like with writing or things but most of the people end up flaking out. If you have a project in development, how do you get your trusted team together?

People I've worked with on Bitcoin projects have come from Bitcoin related Facebook groups that I've been part of. What type of game are you working on?
8  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Cryptomen.com | Official CryptoFund Launch Thread | on: October 23, 2014, 02:24:25 AM
**Updated FAQ from our website**

Can I change my mind?
Yes, please make sure you have a BTC return address in your account and write to us at support@cryptomen.com from the address you used to set up your account. Please include the amount you wish to retrieve if it is not a complete refund request.

Can I send funds multiple times?
Yes, you can send funds as many times as you want to your personal bitcoin address. As long as your ending balance is over 0.25 BTC, they will all be included in your stake. If you send less than the minimum of 0.25 BTC, your funds will not be included in Cryptofund CF01 and will be refunded.

Why can’t I deposit BTC right now?
It is likely that the funding period has ended and the trading period has begun. Stay tuned for the next fund launch to participate.

Is it bad to close all positions all at once at the end of the trading period, what if the coins are down, do you extend the trading period to accommodate?
Each fund has a different time horizon.  Our traders only invest in coins that are suitable for the time horizon of the particular fund under management. For example, a 6 month fund might hold several IPO coins and a few longer term trades, whereas a 1 month fund would be focused primarily on day trading and very short-term positions. We do not extend any trading period, rather our traders tailor their trading approach to each particular fund.

I would like to know what the estimated ROI is? 5%? 10%? or more?
There are no estimation ROI in any traditional funds (stocks, mutual funds). For many reasons: 1. It it illegal to promise ROI when it’s unpredictable. You should be careful about people offering you ROI. 2. It really depends on the market. We have a good team of traders using great trading tools, experience and research. Since crypto-currencies are very volatile, there are no estimation of the return on investment.

How long is your trading period?
We mentioned it on our CryptoFund page and BTT. The period is 4 months.

For example; if I deposit a minimum of 0.25 BTC, how much will I receive at the end of the trading period?
Our first question answers this one, we don’t have a crystal ball, it depends on our trades and the market.

Will I ever lose any BTC if there are losing trades? Do you guarantee my initial deposit?
Yes, of course if the market is bad, and we buy digital currencies that are losing, you can lose BTC. And no like any other financial investments we don’t guarantee your initial deposit. Ex: If you deposit 10 BTC and we make 100% gain. You will receive 17.5BTC, because we charge 25% of the profits. If you don’t make money, we don’t make money.

Is there a way to partially withdraw my profits and re-invest the rest? Such as compounding?
There are no withdrawals during the 4 months trading session. We are already reinvesting all the profits in the fund.

Any plans to start an affiliate program so that existing users can refer other prospective investors for commission payments?
Yes: We would like to remunerate our clients when the refer us other clients. It’s in our plan, but only for the next CryptoFund.
9  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Cryptomen.com | Official CryptoFund Launch Thread | on: October 05, 2014, 08:05:30 AM
"At the end of the 30 day funding period, deposits are closed and pledged funds are transferred to our secure trading system where our professional team launches the official trading period and the real fun begins!"



let me guess: you run with the money and will have a better life?

We will trade the funds for a four month period and then distribute the ending fund balance to our members based upon their percentage share. All trades will be captured, and posted in real-time on the CryptoFund page from the Bittrex API, using our Bittrex AutoTracker application.

Check out the Bittrex Autotracker here: http://cryptomen.com/cryptotools/

ps. I already have a great life Smiley.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | XCR | Launch August | 100% POS | New Source | Trading has begun! on: August 10, 2014, 08:16:36 PM
Its ideas like this one, and developers that can follow through that make this coin extremely exciting.

From the Crypti whitepaper;

"A merchant may create an asset to represent an item he carries or a service he provides. The vendor may choose to create a custom network for his catalog, with an asset redeemable for each item for sale. These assets, once issued, may be exchanged.

An exchange service can create its own network and fee structure to issue and exchange assets on its own blockchain, offering redemptions in and out of the exchange in return for its Crypti based assets. With this technology, blockchain based digital gold, silver, fiat, commodities, even gems may be issued as warehouse receipts against secured physical inventory or holdings in secure vaulted storage."

Not only am I excited for my day 1 purchase to explode in value, but for the first time in quite some time, I'm actually excited to see what this system will become!  

Cheers,

Wesdewayne
Controller | Cryptomen.com
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