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1  Alternate cryptocurrencies / Altcoin Discussion / PoSign (XBY) vs. DPOS (EOS) on: January 21, 2018, 02:36:01 AM
Both PoSign (XBY) and DPOS (EOS) are often considered to be better than PoW and PoS.
However, I could not find a comparison of PoSign and DPOS.

Does anyone know the technical differences, benefits and drawbacks between these two consensus technologies?

As far as I know a 51% attacks are only possible with DPOS, but not PoSign.
2  Alternate cryptocurrencies / Altcoin Discussion / Coins with promising tech that are still undiscovered or do not exist yet on: January 21, 2018, 12:57:08 AM
Hi,
Looking back into the past it seems that coins with promising technology were always among the best performing coins, especially if they stared with a small market cap. 

Examples for such coins:
XBY
XEM
IOTA
EOS
Byteball

At least three of the mentioned coins are already mainstream. Only XBY and Byteball can still somehow be considered undiscovered.

What other still undiscovered coins with promising technology do you know that will probably appreciate a lot in price in the future?
You can also include coins that do not exist yet.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Low market cap coins - under $10M on: January 12, 2018, 05:34:00 AM
Which low market cap coins do you think have a chance to boom?

For now I think Zero is the one that has a chance of x10, tech is much better than all other ZCash forks.


I think Zero is above $10M. The circulating supply on Coinmarketcap is probably wrong.
According to the block explorer it is 2,351,220.00.
4  Economy / Trading Discussion / Re: Platforms where others trade your money to create profit for you on: November 19, 2017, 03:23:59 AM
I believe that the concept of letting other expert traders do the trading for you is quite a good one but we have to make sure that these people are real, into real trading and competent enough with what they are doing. The big reason why many are wary of such a scheme is because all of the programs along this line in the past are now gone dead. So how can we make sure that this is not just another ponzi scheme (paying old members from money of new members) masquerading as trading just to attract more investors? In the past there had been good program with good traders at the helm but one day they encountered many losses...they eventually closed shop.

You never can be 100% sure that there is no ponzi scheme. However in one of the groups cloudshare you can replicate their trades with their app.

5  Economy / Trading Discussion / Re: Platforms where others trade your money to create profit for you on: November 19, 2017, 03:15:31 AM
If you’re looking to make money through trades then why limit it to just crypto? If anything, diversifying would be much better. There are sites like eToro (as well as others) that have a copy trade system. You find your account with a certain figure and then set parameters as well as the people you want to follow and your account automatically emulates their trades (buying and selling).
Realistically speaking though, nobody is going to trust a group of readers. If it’s not an official site/Company then nobody will invest...

Of course you should diversify. However, most copy trading platforms do not have cryptos. eToro could be an option.



6  Economy / Trading Discussion / Re: Platforms where others trade your money to create profit for you on: November 19, 2017, 01:45:22 AM
Let me give a good reason as to why this chain group is a scam and nothing more Cheesy This is scam because no one is kind enough to do the hard work and generate profit for you while you sit on your ass and doing nothing.

Its not that simple. Crypto trading might be a once in a lifetime opportunity.
If you have a good trading strategy in this market right now then it is clever to get as much out of this strategy as possible, as fast as possible.
You do not want to waste time by just investing your own little amount of money as your strategy might become much less profitable in the future or fail completely.
Crypto market will probably not stay as volatile as it is today forever and soon more professional traders from big banks might enter the market and suck away your profits.

Besides, this concept of "social trading" works for me on the stock market already for some time. Reasons (in stock market):
1. Traders manage much less money than investment fonds and are thus more dynamic.
2. Actual incentive to maximize profit as they participate in your profit. Investment fond managers do not. They just profit from the amount of invested money. And most money is attracted by low volatility not profit.
7  Economy / Trading Discussion / Platforms where others trade your money to create profit for you on: November 19, 2017, 12:31:49 AM
Hi,
this topic should be to discuss meta platforms like chain group where other people trade your money to create profit for you.
While I know many such platforms for the stock market (and made good profit there) the only one I know for cryptos so far is chain group. If you know any other please share it.

The idea: Experienced traders that make good profit can leverage their profit by trading money of other people and getting some percentage of the profit.

Edit: Chain group turned out as a scam, so do not invest!
8  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] eBTC | The New (ERC20) Bitcoin on: October 08, 2017, 05:56:32 PM
The best thing that can happen to eBTC is that it becomes the main store of value token on the Ethereum blockchain.
Then even 1000x and more is possible.

Ethereum itself is not a store of value as it is highly inflationary and will probably be inflationary forever.

There is definitely a need for such a store of value token and there is a good chance it can be eBTC as in crypto the term BTC stands for "store of value".

In the end it all depends on how well it is advertised. Only if crypto investors are aware of its potential it will succeed.
9  Alternate cryptocurrencies / Speculation (Altcoins) / Fundamentally good coins that are weak right now (building floor, low volume) on: June 25, 2017, 04:18:36 PM
This thread shall be about coins that are fundamentally good but boring and weak at the moment (no news). Often (not always) they also drooped >30% below their alltime high.
Best is if you can name coins where there is already a timeline for the next big news, which can potentially lead to a price pump.

Right now I can name XtraBYtes to be fundamentally good but boring at the moment. I think there is no specific news timeline but the community might soon release a new webpage that replaces the current one. Could be good for price.

AntShares is also dropping but maybe its still to early to get in. Does anyone know when the next good news can be expected?
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Two more coins besides Bitcoin to store value long term on: June 24, 2017, 01:01:18 AM
Store of value:
1. fundamentally stable
2. low inflation rate

Thus, ETH is not a store of value.

Its not stable:
1. Big source code with many more bugs than Bitcoin.
2. It is the driver of the ICO bubble that could finally burst hard which could also hit ETH itself hard.
3. Blockchain growing at a crazy speed and growth speed will even increase much much more if only a few ICOs deliver.   This is not sustainable forever.

It inflates too much:
Imagine the burst of the ICO bubble leads to a bear market but ETH market cap finally recovers after 5 years. Then one still lost 50% of value thanks to 100% inflation.

A store of value by definition has to preserve its value in the long term. 



 
11  Alternate cryptocurrencies / Speculation (Altcoins) / Re: GNT overvalued? on: June 24, 2017, 12:16:29 AM
If 99% percent of tokens are held by speculators and only 1% is actually used this will make golem an overvalued coin when the time comes where only good coins can preserve their value.
Until then fundamental value is more based on news and ongoing development. Thus, in the short term it could even be undervalued with the next pump coming with "brass".

So longterm valuation: How much golems are actually used to buy time on the network?
Shortterm valuation: is brass good enough for a pump?

12  Alternate cryptocurrencies / Altcoin Discussion / Re: Which will be the dominating scalable coin? (NEM vs. IOTA vs. Radix vs. EOS...) on: June 19, 2017, 01:14:19 AM
Pruning != Scalability

Sure, you can chop a hole in the bottom of the bucket to dump some water, but it can still only fill up as fast as your tap.

Pruning allows you to manage the size of the block chain over time, not how many transactions it can process per second.

Although this is correct I still think that a scalable coin should also have pruning.

If the blockchain gets to large more and more nodes cannot afford anymore to save the whole blockchain.
This not only leads to centralization but the network would finally also get very slow or even crash as millions of clients cold try to request or send data to very few remaining full nodes at the same time that cannot handle that load anymore.

13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: June 15, 2017, 01:23:41 AM
Hi,

I created an thread about the best scalable coin:
https://bitcointalk.org/index.php?topic=1965832.0

While I like XtraBytes for its uniqueness I was not aware that it could be a scalability solution, as well. But one answer in the other thread stated it is very scalable.
So can XtraBytes really handle much more transactions in a second than PoW or PoS coins?

If yes this coin would not be only a lot but extremely undervalued right now.

Yeah we know.  Grin

Would be nice to have a confirmation for that (Fatoshi already claimed it in the other thread). Why exactly is XtraBYtes super scalable?

Not that Xtrabytes would be a bad coin if its not super scalable. Even then it would deserve a place in the top 20 if not top 10 coins, because of its unique solution which seems to be superior to PoW and PoS coins. Below a market cap of 20 billion scalability seems not to be a big issue, anyway.

But with scalability much more is possible. I think scalable coins will dominate crytoworld when crypto market cap gets into the trillions.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: June 14, 2017, 10:46:50 AM
Hi,

I created an thread about the best scalable coin:
https://bitcointalk.org/index.php?topic=1965832.0

While I like XtraBytes for its uniqueness I was not aware that it could be a scalability solution, as well. But one answer in the other thread stated it is very scalable.
So can XtraBytes really handle much more transactions in a second than PoW or PoS coins?

If yes this coin would not be only a lot but extremely undervalued right now.
15  Alternate cryptocurrencies / Speculation (Altcoins) / Upcoming ICOs that will not get oversold & have good long term growth potential on: June 14, 2017, 03:05:39 AM
At the moment whales seem to pump crazy amounts of money into ICOs.
This makes it more and more difficult to make a good long term return with them.
 
Are there still nice ICOs with good growth potential that will not get oversold by whales because there is no big hype around them?
To me it seems like that one has to stay away from the most hyped ones and instead invest in less hyped ones with good technology.

Which upcoming ICOs have good technology but are not overhyped?
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Which will be the dominating scalable coin? (NEM vs. IOTA vs. Radix vs. EOS...) on: June 14, 2017, 02:18:39 AM
Everything is good in theory until tested by reality. And none of the solutions of these coins are put in the hard test yet. What matters is when the coin is put to the test, how fast will the devs refine their solutions  to become the perfect scaling solution.

I agree. But which of them has the best technology, at least in theory?
The scaling issues of Bitcoin and Ethereum were already known years ago, but no one cared about that back then.
So the hard test just proved what was already known in theory.

Theory is not perfect but it is the best tool we have right now to predict the future success of these coins.
I am still hoping there is someone here who can tell the benefits and drawbacks of the scaling solutions of the mentioned coins.


17  Alternate cryptocurrencies / Altcoin Discussion / Which will be the dominating scalable coin? (NEM vs. IOTA vs. Radix vs. EOS...) on: June 14, 2017, 12:01:50 AM
An important aspect for a cryptocurrency to be become big is scalability.
Ethereum recently pumped due to Bitcoins lack of scalability, but the bancor ICO showed that Ethereum also scales poorly.

So the next big thing will probably be a currency that scales well. But which one will be the leading one?

NEM (with catapult), IOTA, Radix and EOS probably will be able to handle thousands of transactions per second.
In my opinion this is worth nothing if there is no pruning to remove old data. However, it is difficult to find information about which of these coins are able to efficiently prune old data.

So an important question this thread could answer is which of them actually scale well enough for mass adoption (by for instance having efficient pruning).

Furthermore, all these coins have different capabilities. EOS is a full Ethereum competitor, NEM can run simple smart contracts and Radix has several applications running on top of it (I did not get into it). Not sure about IOTA. Which of them has in your opinion the best capabilities and how important will this be to become the dominating currency (in market cap)?

... and of course there is still bitcoin. Do you think the lightning network will solve bitcoins scalability problem?
I see the problem that the technology is complicated (you need to keep a payment channel open all the time) might be too late (we need a solution now and not in a year) and in the end all lightning transactions must still be settled on the blockchain which still requires huge blocks for mass adoption. 
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH is now going to take the crown, the flippening on: June 12, 2017, 02:40:04 AM
WADDAFUQ?!

Quote
How are ethers created?
The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale. The results were roughly:

60 million ether created to contributors of the presale
12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation
5 ethers are created every block (roughly 15-17 seconds) to the miner of the block
2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasn't included (called uncle/aunt reward)

This is straight from the eth faq.
72 million eth is premined. %78 of the total circulating supply. How the fuck people can still invest in this premined scam?

How the fuck coinmarketcap list ether  #2 coin while 78% of its supply is premined?

Don't believe me? See it yourself: https://www.ethereum.org/ether

ETH is SCAM!!

I do not like the inflation rate. BTC is now at 4% and will drop to 2% in 2020 and to 1% in 2024.
ETH has >16% inflation now and will reach 4% not before 2035 and 2% not before 2057.
Until 2027 it will inflate more than the dollar (~6%/year)!

The market might be forgiving in its early irrational phase (irrational like the tech market in the dotcom bubble)
But when the market cap of cryptos reaches trillions and growth gets slower investors will likely turn away from inflative coins like ETH during a market correction.
But even before inflative coins will probably underperform non inflative ones. Simply because price does not 100% reflect increase in market cap.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VLT | Veltor | Donar Network | Minimalism. on: May 14, 2017, 07:23:11 PM
Why not consider the following instead of an ICO:

From now on mining returns are going 100% to devs.
This kills decentralization but who cares about decentralization if devs can anyway inflate like they want.
This will tie the dev income to the success of the project and thus has less fraud potential than an ICO.
At some point (when the project is largely finished) miners slowly will take over again (devs could still keep part of the mining fees for further developments).

Just my suggestion.
Most early investors can probably accept this solution and devs would obtain extra funding.

...and if this is not enough mining returns could be increased a bit (would probably be still much less harmful for the coin than an ICO).
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [GBYTE] Byteball Speculation on: December 29, 2016, 01:02:50 PM
Price halved in half hour?

Whales dropped 1000 GB within half an hour. No chance for buyers to react in such a short amount of time.

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