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1  Alternate cryptocurrencies / Bounties (Altcoins) / 🔥🔥[BOUNTY] GCOX - World’s First Platform that Tokenises Popularity 🔥🚀 on: July 05, 2018, 03:46:49 PM
GCOX Bounty Program (Phase 2)



GCOX is the world’s first platform that tokenises popularity, enhancing the mainstream adoption of a token economy. GCOX helps celebrities create their personal crypto tokens and manage their ICO listing on the platform. Boxing champion Manny Pacquiao will be the first to launch his own digital token called PAC Coin on GCOX!

Read more here: https://e27.co/manny-pacquiao-blockchain-20180313/


GCOX's Bounty Program is back from July 1 to August 1!

Up to 100,000 Acclaim tokens (ACM) will be given out in total for orginal articles, YouTube reviews and translation work!


Article Writing
Original article of more than 2,000 words: 100 stakes
Original article between 1,000 to 2,000 words: 50 stakes
Original article below 1,000 words: 30 stakes


YouTube Reviews
10 minutes review: 100 stakes
7 minutes review: 50 stakes
5 minutes review: 30 stakes


Translation
Website (Thai or Tagalog): 1,000 ACM per language
Whitepaper (Thai or Tagalog): 1,000 ACM per language


Terms and Conditions for Article and Video Campaign:
1. Low quality articles and videos will not be accepted or will be HEAVILY penalised. Content copy-and-pasted from the GCOX whitepaper, website or social media channels will be disqualified.
2. Articles and Videos must represent original work.
3. Copying other's work is not allowed and will result in a disqualification.
4. In the description of the Video, or at the bottom of the article, you must include one link to official website, one link to whitepaper and one link of your own bitcointalk profile to prove that it is original content.
5. Medium, Steemit, and other general/free blogging platforms submissions will be accepted, but only one per User.
6. If the article is posted on a website, podcast or blog that has quality content and regular visitors, then 3 submissions will be accepted.


How to take part?
1. Create an account at https://acm.gcox.com/login
2. Register for the bounty (by replying to this bitcointalk post)
3. Fill in the Google form at: http://bit.ly/GCOXbounty
4. All eligible entries will be contacted via email after the campaign.


How and when will you receive the rewards?
All earned ACM will be reflected inside the account created on acm.gcox.com once the bounty program is over.
All ACM can only be withdrawn after GCOX’s ITS (Initial Token Sale).


Rules
- USA citizens and Singapore Citizens are NOT allowed to join the bounty program.
- All participants MUST follow GCOX’s Telegram (https://t.me/gcoxlink) and Twitter account (https://twitter.com/GCOX_Official).

Disclaimer
The ownership of ACM does not represent any participation in GCOX capital nor rights of payment, remuneration, or money reward of any kind.




===================================================================================================================================

Links and Resources
2  Alternate cryptocurrencies / Service Announcements (Altcoins) / [ANN] [EXCHANGE] VIRTUSE: Digital Asset Exchange w/ Bridge to Real-world Assets on: July 01, 2018, 03:48:29 AM

Website: https://virtuse.exchange/

Virtuse Exchange is a digital asset exchange based in Singapore that gives investors a bridge to real-world assets. It lets you invest in real-world assets in ten minutes or less from any Internet-connected device, anywhere in the world, and in any time zone. It’s 100% CRYPTO, with no banks involved.

Virtuse Exchange is the only exchange that connects crypto assets with “the old” financial markets. It’s also the only platform that enables investors to “park” their crypto earnings in less volatile commodities, such as gold and oil, without withdrawing crypto assets from the exchange.

Therefore, Virtuse is UNIQUE because it combines the best of the traditional investment world with the new digital assets ecosystem. for the first time, cryptocurrencies like Bitcoin and Ether to be invested in assets like oil, grain, precious metals, emission allowances, and stock indices. In other words, it creates a bridge between Crypto and the $294 trillion world of traditional financial markets.


FOLLOW & ENGAGE WITH US ON SOCIAL MEDIA TODAY!
Telegram: https://t.me/virtuse
Twitter: https://twitter.com/VirtuseExchange
Facebook: https://www.facebook.com/virtuseexchange/
Medium: https://medium.com/@virtuseexchange
Reddit: https://www.reddit.com/user/VirtuseExchange/
Youtube: https://www.youtube.com/channel/UCLpPphr8lul1BElmw5LrkaQ
Linkedin: https://www.linkedin.com/company/virtuse-exchange/


What is a VIRT Token?
A VIRT token is a token issued by Virtuse Exchange and is the preferred mean for the purchase of other products on the platform. A fixed pool of one billion publicly tradable VIRT tokens will be created to support transactions on the Virtuse Exchange. Find out more how to purchase them on https://virtuse.exchange/ or join https://t.me/virtuse for latest ann!



Other common questions

Which cryptocurrencies are available to purchase?
We currently allow the trading of Bitcoin, Ethereum, and Ripple. We are working on adding additional currencies.

Does Virtuse Exchange have any limits on trading assets?
Using a crypto wrapper called Digital Asset Collateralized Token, Virtuse Exchange can list and trade almost every liquid "real world" asset through a vast network of partners.






3  Alternate cryptocurrencies / Service Announcements (Altcoins) / 🚀[ANN] [AIRDROP] Fanship World - Global K-POP platform for fans on: June 22, 2018, 04:33:12 PM
Fanship is powered by XFS (Fanship Tokens). XFS will be accepted on platform for all gifts, merchandise and services. Additionally, XFS will be used to power voting, directly purchase song IP, and participate in special exclusive events. Although the platform is starting with KPOP, Fanship intends to branch out in all aspects of media and entertainment.

====

We’re starting our official airdrop event! Contact our Telegram bot @Fanship_Airdropbot [link: https://telegram.me/fanship_Airdropbot]to participate ✈️✈️

#kpop #Cryptocurrency #airdrop #blockchain #케이팝  #블록체인 #에어드랍 #kryptono




====

Follow us on twitter at https://twitter.com/Fanship_World

See the latest entertainment and blockchain breakthrough at http://Fanship.world
4  Alternate cryptocurrencies / Bounties (Altcoins) / 🚀[AIRDROP] Fanship World - Global K-POP platform for fans on: June 22, 2018, 04:32:18 PM
Fanship is powered by XFS (Fanship Tokens). XFS will be accepted on platform for all gifts, merchandise and services. Additionally, XFS will be used to power voting, directly purchase song IP, and participate in special exclusive events. Although the platform is starting with KPOP, Fanship intends to branch out in all aspects of media and entertainment.

====

We’re starting our official airdrop event! Contact our Telegram bot @Fanship_Airdropbot [link: https://telegram.me/fanship_Airdropbot]to participate ✈️✈️

#kpop #Cryptocurrency #airdrop #blockchain #케이팝  #블록체인 #에어드랍 #kryptono




====

Follow us on twitter at https://twitter.com/Fanship_World

See the latest entertainment and blockchain breakthrough at http://Fanship.world

5  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [Launch Promo] Kryptono New Cross-blockchain Exchange with P2P Fiat Conver on: June 01, 2018, 04:21:25 PM
June 1st - Official launch for TRADING on Kryptono Exchange!

As our community is growing bigger everyday, we want to show our appreciation and prepare you to get ready and TRADE!

Registration and Deposit Promotions

Account Registration Promotion (applied before July 30th)
SIGN UP NOW and receive 50 KNOW !
First 50,000 members to sign up an account will receive 50 KNOW each;
This promotion does not take into account and is not applicable to the first 21,000 accounts with KYC profiles approved.

Account KYC Promotion (applied for the first 21,000 accounts with approved KYC)
First 1,000 members with approved KYC profiles will receive 1,000 KNOW each;
Subsequent 20,000 members with approved KYC profiles will receive 200 KNOW each;
Limited to one account per person.

Account Deposit Promotion (applied before June 30th)
First 10,000 members to deposit 0.1 BTC or 1 ETH into their accounts will receive 500 KNOW each.


KRYPTONO XTRADE COMPETITION (June 1st - June 12th)




KRYPTONO LUCKY DRAW - ONE MILLION DOLLAR PRIZE POOL (June 1st - June 25th)




Exchange Reviews and Info
Kryptono Exchange Introduction [Video]: https://www.youtube.com/watch?v=-0_FrgCluZ4
Kryptono Exchange- How to open and upgrade your account? [Video]: https://www.youtube.com/watch?v=QbBgSu37EEE&t=67s
Kryptono Exchange Project Evaluation: https://cryptopotato.com/kryptono-exchange-project-evaluation/
Kryptono Exchange Project Evaluation [Video]: https://www.youtube.com/watch?v=dZuWFTCoMYI&t=4s
Kryptono Exchange Review: https://medium.com/@CryptoShillNye/kryptono-exchange-review-7de083289764
Listing of PROXIMAX (XPX), TRONIX (TRX) AND GIFTO (GTO): https://medium.com/@kryptono/kryptono-exchange-to-list-proximax-xpx-tronix-trx-and-gifto-gto-tokens-for-its-launch-7353e90304dc

More info on Exchange Launch Promotions
https://www.newsbtc.com/press-releases/kryptono-exchange-reward-top-traders-june-xtrade-competition/
https://www.ccn.com/kryptono-exchange-to-reward-top-traders-this-june-with-xtrade-competition/
https://cryptopotato.com/kryptono-exchange-to-reward-top-traders-with-xtrade-competition/
https://www.newsbtc.com/press-releases/kryptono-exchange-reward-top-traders-june-xtrade-competition/


Whitepaper is available at https://medium.com/@kryptono/a-new-world-class-crypto-exchange-88c27ae88b6d.

Follow us on our official channels:
1. Exchange Platform https://kryptono.exchange/
2. Telegram Group https://t.me/kryptono
3. Telegram Channel https://t.me/kryptonoexchangeKnow
4. Twitter https://twitter.com/KryptonoEx
5. Facebook https://www.facebook.com/kryptono/
6. Facebook Group https://www.facebook.com/groups/cryptoenthusiastsclub/
7. Medium https://medium.com/@kryptono/
8. Official Email Domains: kryptono.exchange & kryptono.com
6  Economy / Service Announcements / [Launch Promo] Kryptono New Cross-blockchain Exchange with P2P Fiat Conversion on: June 01, 2018, 04:19:16 PM
June 1st - Official launch for TRADING on Kryptono Exchange!

As our community is growing bigger everyday, we want to show our appreciation and prepare you to get ready and TRADE!

Registration and Deposit Promotions

Account Registration Promotion (applied before July 30th)
SIGN UP NOW and receive 50 KNOW !
First 50,000 members to sign up an account will receive 50 KNOW each;
This promotion does not take into account and is not applicable to the first 21,000 accounts with KYC profiles approved.

Account KYC Promotion (applied for the first 21,000 accounts with approved KYC)
First 1,000 members with approved KYC profiles will receive 1,000 KNOW each;
Subsequent 20,000 members with approved KYC profiles will receive 200 KNOW each;
Limited to one account per person.

Account Deposit Promotion (applied before June 30th)
First 10,000 members to deposit 0.1 BTC or 1 ETH into their accounts will receive 500 KNOW each.


KRYPTONO XTRADE COMPETITION (June 1st - June 12th)




KRYPTONO LUCKY DRAW - ONE MILLION DOLLAR PRIZE POOL (June 1st - June 25th)




Exchange Reviews and Info
Kryptono Exchange Introduction [Video]: https://www.youtube.com/watch?v=-0_FrgCluZ4
Kryptono Exchange- How to open and upgrade your account? [Video]: https://www.youtube.com/watch?v=QbBgSu37EEE&t=67s
Kryptono Exchange Project Evaluation: https://cryptopotato.com/kryptono-exchange-project-evaluation/
Kryptono Exchange Project Evaluation [Video]: https://www.youtube.com/watch?v=dZuWFTCoMYI&t=4s
Kryptono Exchange Review: https://medium.com/@CryptoShillNye/kryptono-exchange-review-7de083289764
Listing of PROXIMAX (XPX), TRONIX (TRX) AND GIFTO (GTO): https://medium.com/@kryptono/kryptono-exchange-to-list-proximax-xpx-tronix-trx-and-gifto-gto-tokens-for-its-launch-7353e90304dc

More info on Exchange Launch Promotions
https://www.newsbtc.com/press-releases/kryptono-exchange-reward-top-traders-june-xtrade-competition/
https://www.ccn.com/kryptono-exchange-to-reward-top-traders-this-june-with-xtrade-competition/
https://cryptopotato.com/kryptono-exchange-to-reward-top-traders-with-xtrade-competition/
https://www.newsbtc.com/press-releases/kryptono-exchange-reward-top-traders-june-xtrade-competition/


Whitepaper is available at https://medium.com/@kryptono/a-new-world-class-crypto-exchange-88c27ae88b6d.

Follow us on our official channels:
1. Exchange Platform https://kryptono.exchange/
2. Telegram Group https://t.me/kryptono
3. Telegram Channel https://t.me/kryptonoexchangeKnow
4. Twitter https://twitter.com/KryptonoEx
5. Facebook https://www.facebook.com/kryptono/
6. Facebook Group https://www.facebook.com/groups/cryptoenthusiastsclub/
7. Medium https://medium.com/@kryptono/
8. Official Email Domains: kryptono.exchange & kryptono.com
7  Alternate cryptocurrencies / Bounties (Altcoins) / [Launch Promo] Kryptono New Cross-blockchain Exchange with P2P Fiat Conversion on: May 31, 2018, 05:05:06 PM
June 1st - Official launch for TRADING on Kryptono Exchange!

As our community is growing bigger everyday, we want to show our appreciation and prepare you to get ready and TRADE!

Registration and Deposit Promotions

Account Registration Promotion (applied before July 30th)
SIGN UP NOW and receive 50 KNOW !
First 50,000 members to sign up an account will receive 50 KNOW each;
This promotion does not take into account and is not applicable to the first 21,000 accounts with KYC profiles approved.

Account KYC Promotion (applied for the first 21,000 accounts with approved KYC)
First 1,000 members with approved KYC profiles will receive 1,000 KNOW each;
Subsequent 20,000 members with approved KYC profiles will receive 200 KNOW each;
Limited to one account per person.

Account Deposit Promotion (applied before June 30th)
First 10,000 members to deposit 0.1 BTC or 1 ETH into their accounts will receive 500 KNOW each.


KRYPTONO XTRADE COMPETITION (June 1st - June 12th)




KRYPTONO LUCKY DRAW - ONE MILLION DOLLAR PRIZE POOL (June 1st - June 25th)




Exchange Reviews and Info
Kryptono Exchange Introduction [Video]: https://www.youtube.com/watch?v=-0_FrgCluZ4
Kryptono Exchange- How to open and upgrade your account? [Video]: https://www.youtube.com/watch?v=QbBgSu37EEE&t=67s
Kryptono Exchange Project Evaluation: https://cryptopotato.com/kryptono-exchange-project-evaluation/
Kryptono Exchange Project Evaluation [Video]: https://www.youtube.com/watch?v=dZuWFTCoMYI&t=4s
Kryptono Exchange Review: https://medium.com/@CryptoShillNye/kryptono-exchange-review-7de083289764
Listing of PROXIMAX (XPX), TRONIX (TRX) AND GIFTO (GTO): https://medium.com/@kryptono/kryptono-exchange-to-list-proximax-xpx-tronix-trx-and-gifto-gto-tokens-for-its-launch-7353e90304dc

More info on Exchange Launch Promotions
https://www.newsbtc.com/press-releases/kryptono-exchange-reward-top-traders-june-xtrade-competition/
https://www.ccn.com/kryptono-exchange-to-reward-top-traders-this-june-with-xtrade-competition/
https://cryptopotato.com/kryptono-exchange-to-reward-top-traders-with-xtrade-competition/
https://www.newsbtc.com/press-releases/kryptono-exchange-reward-top-traders-june-xtrade-competition/


Whitepaper is available at https://medium.com/@kryptono/a-new-world-class-crypto-exchange-88c27ae88b6d.

Follow us on our official channels:
1. Exchange Platform https://kryptono.exchange/
2. Telegram Group https://t.me/kryptono
3. Telegram Channel https://t.me/kryptonoexchangeKnow
4. Twitter https://twitter.com/KryptonoEx
5. Facebook https://www.facebook.com/kryptono/
6. Facebook Group https://www.facebook.com/groups/cryptoenthusiastsclub/
7. Medium https://medium.com/@kryptono/
8. Official Email Domains: kryptono.exchange & kryptono.com
8  Alternate cryptocurrencies / Service Announcements (Altcoins) / [Launch Promo] Kryptono New Cross-blockchain Exchange with P2P Fiat Conversion on: May 31, 2018, 05:04:36 PM
June 1st - Official launch for TRADING on Kryptono Exchange!

As our community is growing bigger everyday, we want to show our appreciation and prepare you to get ready and TRADE!

Registration and Deposit Promotions

Account Registration Promotion (applied before July 30th)
SIGN UP NOW and receive 50 KNOW !
First 50,000 members to sign up an account will receive 50 KNOW each;
This promotion does not take into account and is not applicable to the first 21,000 accounts with KYC profiles approved.

Account KYC Promotion (applied for the first 21,000 accounts with approved KYC)
First 1,000 members with approved KYC profiles will receive 1,000 KNOW each;
Subsequent 20,000 members with approved KYC profiles will receive 200 KNOW each;
Limited to one account per person.

Account Deposit Promotion (applied before June 30th)
First 10,000 members to deposit 0.1 BTC or 1 ETH into their accounts will receive 500 KNOW each.


KRYPTONO XTRADE COMPETITION (June 1st - June 12th)




KRYPTONO LUCKY DRAW - ONE MILLION DOLLAR PRIZE POOL (June 1st - June 25th)




Exchange Reviews and Info
Kryptono Exchange Introduction [Video]: https://www.youtube.com/watch?v=-0_FrgCluZ4
Kryptono Exchange- How to open and upgrade your account? [Video]: https://www.youtube.com/watch?v=QbBgSu37EEE&t=67s
Kryptono Exchange Project Evaluation: https://cryptopotato.com/kryptono-exchange-project-evaluation/
Kryptono Exchange Project Evaluation [Video]: https://www.youtube.com/watch?v=dZuWFTCoMYI&t=4s
Kryptono Exchange Review: https://medium.com/@CryptoShillNye/kryptono-exchange-review-7de083289764
Listing of PROXIMAX (XPX), TRONIX (TRX) AND GIFTO (GTO): https://medium.com/@kryptono/kryptono-exchange-to-list-proximax-xpx-tronix-trx-and-gifto-gto-tokens-for-its-launch-7353e90304dc

More info on Exchange Launch Promotions
https://www.newsbtc.com/press-releases/kryptono-exchange-reward-top-traders-june-xtrade-competition/
https://www.ccn.com/kryptono-exchange-to-reward-top-traders-this-june-with-xtrade-competition/
https://cryptopotato.com/kryptono-exchange-to-reward-top-traders-with-xtrade-competition/
https://www.newsbtc.com/press-releases/kryptono-exchange-reward-top-traders-june-xtrade-competition/


Whitepaper is available at https://medium.com/@kryptono/a-new-world-class-crypto-exchange-88c27ae88b6d.

Follow us on our official channels:
1. Exchange Platform https://kryptono.exchange/
2. Telegram Group https://t.me/kryptono
3. Telegram Channel https://t.me/kryptonoexchangeKnow
4. Twitter https://twitter.com/KryptonoEx
5. Facebook https://www.facebook.com/kryptono/
6. Facebook Group https://www.facebook.com/groups/cryptoenthusiastsclub/
7. Medium https://medium.com/@kryptono/
8. Official Email Domains: kryptono.exchange & kryptono.com
9  Alternate cryptocurrencies / Bounties (Altcoins) / [TOKENS ON SIGN-UP] Kryptono New Cross-blockchain Exchange w P2P Fiat Conversion on: May 07, 2018, 01:33:11 PM
Sign up NOW at https://kryptono.exchange/. When your KYC profile is approved, you will receive extra KNOW Tokens Rewards (as stated below)! 💰💰💰


Launch Promotion starting on May 1st  🎊
☝️First 1,000 members with approved KYC profiles will receive 1,000 KNOW tokens each; [Target Reached  Kiss]
☝️Subsequent 20,000 members with approved KYC profiles will receive 200 KNOW tokens each;
☝️Limited to one account per person.


Deposit Promotion starting on June 1st until June 30th 🎊
✌️10,000 Accounts to deposit 0.1 BTC or 1 ETH into their accounts will receive 500 KNOW tokens.


Kryptono Exchange is a World-class Cross-blockchain Crypto Exchange platform with Fiat Conversion Feature
Our whitepaper is available at: https://medium.com/@kryptono/a-new-world-class-crypto-exchange-88c27ae88b6d


June 1st - Official launch for TRADING on Kryptono Exchange! ⭐️
Follow us on our official channels:
1. Exchange Platform https://kryptono.exchange/
2. Telegram group https://t.me/kryptono
3. Telegram channel https://t.me/kryptonoexchangeKnow
4. Twitter https://twitter.com/KryptonoEx
5. Facebook https://www.facebook.com/kryptono/
6. Medium https://medium.com/@kryptono/
7. Official Email Domains: kryptono.exchange & kryptono.co






10  Alternate cryptocurrencies / Service Announcements (Altcoins) / [ANN] [EXCHANGE] Kryptono - New Cross-blockchain Exchange w P2P Fiat Conversion on: May 06, 2018, 01:00:11 PM
Sign up NOW at https://kryptono.exchange/. When your KYC profile is approved, you will receive extra KNOW Tokens Rewards (as stated below)! 💰💰💰


Launch Promotion starting on May 1st  🎊
☝️First 1,000 members with approved KYC profiles will receive 1,000 KNOW tokens each; [Target Reached  Kiss]
☝️Subsequent 20,000 members with approved KYC profiles will receive 200 KNOW tokens each;
☝️Limited to one account per person.


Deposit Promotion starting on June 1st until June 30th 🎊
✌️10,000 Accounts to deposit 0.1 BTC or 1 ETH into their accounts will receive 500 KNOW tokens.


Kryptono Exchange is a World-class Cross-blockchain Crypto Exchange platform with Fiat Conversion Feature
Our whitepaper is available at: https://medium.com/@kryptono/a-new-world-class-crypto-exchange-88c27ae88b6d


June 1st - Official launch for TRADING on Kryptono Exchange! ⭐️
Follow us on our official channels:
1. Exchange Platform https://kryptono.exchange/
2. Telegram group https://t.me/kryptono
3. Telegram channel https://t.me/kryptonoexchangeKnow
4. Twitter https://twitter.com/KryptonoEx
5. Facebook https://www.facebook.com/kryptono/
6. Medium https://medium.com/@kryptono/
7. Official Email Domains: kryptono.exchange & kryptono.co






11  Alternate cryptocurrencies / Speculation (Altcoins) / Hedging - Controlled Speculation on: May 05, 2018, 10:00:09 AM
Was playing ard with bitmex leverage trading for the first time, and was quite addicted to the high margin multiples for bitcoin speculation. As played out in the movies, i made 100% in the first day, then lost it all on the following day -> for context i was trying to test the extreme 25x or 50x multiples. So my "bets" usually close within hours or even minutes. Lucky for me I'm only playing around with a trial base of $100. Noob speculation is *bad* and *unwise* guys.

Then i remembered that I had a post on hedging sometime back. In times of btc-led volatility, ppl holding large amts of btc might actually consider opening certain shorts futures positions to hedge against large losses. Of course your gains are mitigated too if btc soars. Vice versa. If u're using the perpetual contract though, just be careful of the funding rate - just make sure u're not "paying" high costs for keeping the position open. Won't elaborate here, u can read up online for urself if u wanna learn more.

====Hedging post from Feb======

What does hedging mean? Basically when the market goes against u, u limit your losses. Of course your cut of the profits will be lessened as well, but in times of volatility, and there's always volatility in crypto, some knowledge of hedging is always useful to protect your heard-earned crypto gains. For most traditional assets (stocks, bonds etc.), various readily available derivatives options serves to fulfill the need for hedging. However, even as we're starting to see various instruments such as bitcoin futures, this function is still relatively immature in the Crypto space.

So where do we start?
Some experienced crypto-investors may say that the only strategy you need is to diversify your portfolio into a wide array of tokens, in not just the NUMBER of tokens or use-cases, but in their 'industry' or use-cases as well (e.g., e-money tokens, protocol tokens, utility tokens). That might work well for the mature equity markets, but crypto participants would realise that the crypto market is extremely correlated. When some event occurs to disrupt the confidence in bitcoin, or the crypto-sphere as a whole, the whole market tanks together. Once rallies come, >90% of the market shares in the gains. Just look at the 1-hrly or daily % changes on coinmarketcap, u'll see that the degree of co-movement is very high.

While various strategies involving leveraged margin longing or shorting, or even the newer crypto-derivatives exist, this post shall focus on a simpler strategy, i.e., rule-based cashing out and re-entry based on periodic portfolio changes. To illustrate this, let us take a period of high volatility, say the last three months, and construct 3 hypothetical portfolios with a mixture of fiat/btc/eth/random altcoins holdings.

[For the purpose of this exercise exercise, the following prices scrapped from coinmarketcap was used. (Link to table image at https://www.dropbox.com/s/qg3gzc4bawqpal4/table1.png?dl=0) ENG/ZRX/BNB/AIR were random alt-coin picks across a variety of purposes and marketcap.]

Now let's set some rules for each portfolio:
A. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each @start, HODL.
B. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each, WEEKLY REBALANCING*
C. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each @start, CUSTOM RULE**

*Rebalancing: i.e., when the price of a token runs up, relative to others, and its share in your portfolio rise, u sell some, so that it's share in your portfolio stays constant over time.
**CUSTOM RULE: 50% profit-taking (of weekly gains) when weekly portfolio change is > 30%, Re-entry of 50% of available fiat balance when weekly portfolio change is < -30%

Voila, the results are as follows.

                    A                B              C
20171119    10,000     10,000     10,000
20171126    12,608     12,608     12,608
20171203    12,986     13,239     12,986
20171210    13,371     13,682     13,371
20171217    19,704     19,916     19,704
20171224    20,544     21,023     20,292
20171231    29,320     27,228     27,377
20180107    55,215     43,040     45,387
20180114    61,577     46,558     48,570
20180121    47,609     39,662     40,969
20180128    44,626     38,219     39,000
20180204    32,593     31,384     32,852
20180211    26,651     24,590     30,753

e.g.



Some key takeaways here,

- The weekly rebalancing portfolio (B) delivers returns which are on par, or worse off than the reference HODL portfolio (A).
Intuition: This could be because the idea of mean-reversion of returns, i.e., when people expect prices to always drop after rising for some time, or trend up after declining for some time, might not hold true for individual tokens in crypto, due to token-specific factors (gd/bad news, team issues etc.) which can often cause moon or doom scenarios.

- The 'take-profit' portfolio does quite ok. It seems to be the most resilient in the last few weeks, when the entire crypto market took a beating. Note that the cash-out rule kicked in 3 times over the period, while the re-entry rule did not kick in at all. No declines exceeded -30% (or even -20%) on a weekly basis. Caveat: It is very likely that if the data frequency we were using were shorter in intervals (e.g., two-day changes), this portfolio would have performed even better. I recalled there were multiple times when the market tanked significantly over a short period, and ran up for 1-2 days subsequently. The re-entry and cash-out rule would have benefited significantly from such short-term volatility.

This post is not intended to tell u to follow the strategy above. It IS intended to tell u to learn to develop your own strategy over time, based on your own set of trading rules and intuition. Those who outwins and outlasts everyone else in Crypto are often those who know what they're doing. With 2017's huge run-up in market cap alrdy, it's probably a bit too optimistic to depend on 'luck' alone in trading.

As promised, those who wish to have a copy of the excel and play with the parameters for themselves (including tinkering with the custom rule) can get it here https://www.dropbox.com/s/vskcfdcwu274cjc/Portfolio%20Simulations%20Excel.xlsx?dl=0. Have fun folks.
12  Alternate cryptocurrencies / Marketplace (Altcoins) / airdrop? mystery on: April 13, 2018, 05:13:54 PM
received 777 tokens with this label "Erc20 (https://safe.ad)" today in my eth address. think over 100k other addresses received the same amt. dun think i ever signed up for anything to do with this token/project. is this likely just some mass spam thing?
13  Alternate cryptocurrencies / Speculation (Altcoins) / How to HEDGE Your Crypto Gains - Includes DL link for Excel Portfolio Simulation on: February 16, 2018, 09:12:53 PM
What does hedging mean? Basically when the market goes against u, u limit your losses. Of course your cut of the profits will be lessened as well, but in times of volatility, and there's always volatility in crypto, some knowledge of hedging is always useful to protect your heard-earned crypto gains. For most traditional assets (stocks, bonds etc.), various readily available derivatives options serves to fulfill the need for hedging. However, even as we're starting to see various instruments such as bitcoin futures, this function is still relatively immature in the Crypto space.

So where do we start?
Some experienced crypto-investors may say that the only strategy you need is to diversify your portfolio into a wide array of tokens, in not just the NUMBER of tokens or use-cases, but in their 'industry' or use-cases as well (e.g., e-money tokens, protocol tokens, utility tokens). That might work well for the mature equity markets, but crypto participants would realise that the crypto market is extremely correlated. When some event occurs to disrupt the confidence in bitcoin, or the crypto-sphere as a whole, the whole market tanks together. Once rallies come, >90% of the market shares in the gains. Just look at the 1-hrly or daily % changes on coinmarketcap, u'll see that the degree of co-movement is very high.

While various strategies involving leveraged margin longing or shorting, or even the newer crypto-derivatives exist, this post shall focus on a simpler strategy, i.e., rule-based cashing out and re-entry based on periodic portfolio changes. To illustrate this, let us take a period of high volatility, say the last three months, and construct 3 hypothetical portfolios with a mixture of fiat/btc/eth/random altcoins holdings.

[For the purpose of this exercise exercise, the following prices scrapped from coinmarketcap was used. (Link to table image at https://www.dropbox.com/s/qg3gzc4bawqpal4/table1.png?dl=0) ENG/ZRX/BNB/AIR were random alt-coin picks across a variety of purposes and marketcap.]

Now let's set some rules for each portfolio:
A. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each @start, HODL.
B. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each, WEEKLY REBALANCING*
C. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each @start, CUSTOM RULE**

*Rebalancing: i.e., when the price of a token runs up, relative to others, and its share in your portfolio rise, u sell some, so that it's share in your portfolio stays constant over time.
**CUSTOM RULE: 50% profit-taking (of weekly gains) when weekly portfolio change is > 30%, Re-entry of 50% of available fiat balance when weekly portfolio change is < -30%

Voila, the results are as follows.

                    A                B              C
20171119    10,000     10,000     10,000
20171126    12,608     12,608     12,608
20171203    12,986     13,239     12,986
20171210    13,371     13,682     13,371
20171217    19,704     19,916     19,704
20171224    20,544     21,023     20,292
20171231    29,320     27,228     27,377
20180107    55,215     43,040     45,387
20180114    61,577     46,558     48,570
20180121    47,609     39,662     40,969
20180128    44,626     38,219     39,000
20180204    32,593     31,384     32,852
20180211    26,651     24,590     30,753

Some key takeaways here,

- The weekly rebalancing portfolio (B) delivers returns which are on par, or worse off than the reference HODL portfolio (A).
Intuition: This could be because the idea of mean-reversion of returns, i.e., when people expect prices to always drop after rising for some time, or trend up after declining for some time, might not hold true for individual tokens in crypto, due to token-specific factors (gd/bad news, team issues etc.) which can often cause moon or doom scenarios.

- The 'take-profit' portfolio does quite ok. It seems to be the most resilient in the last few weeks, when the entire crypto market took a beating. Note that the cash-out rule kicked in 3 times over the period, while the re-entry rule did not kick in at all. No declines exceeded -30% (or even -20%) on a weekly basis. Caveat: It is very likely that if the data frequency we were using were shorter in intervals (e.g., two-day changes), this portfolio would have performed even better. I recalled there were multiple times when the market tanked significantly over a short period, and ran up for 1-2 days subsequently. The re-entry and cash-out rule would have benefited significantly from such short-term volatility.

This post is not intended to tell u to follow the strategy above. It IS intended to tell u to learn to develop your own strategy over time, based on your own set of trading rules and intuition. Those who outwins and outlasts everyone else in Crypto are often those who know what they're doing. With 2017's huge run-up in market cap alrdy, it's probably a bit too optimistic to depend on 'luck' alone in trading.

As promised, those who wish to have a copy of the excel and play with the parameters for themselves (including tinkering with the custom rule) can get it here https://www.dropbox.com/s/vskcfdcwu274cjc/Portfolio%20Simulations%20Excel.xlsx?dl=0. Have fun folks.


14  Other / Meta / disgust, at how people r using merit-related threads for merit farming on: February 16, 2018, 08:32:20 PM
Newcomer here, joined in dec, got blocked by the implementation of the merit system in lvling up.

My response? I tried to adhere to the SPIRIT of the merit system and spent some hours writing up 'good quality' (imo anyway) posts.

Such as this one, which tried to clear up the air abt how what blockchain v. 1 vs 2 vs 3 vs 4 means...
https://bitcointalk.org/index.php?topic=2934856.msg30156883#msg30156883.

Or this one, which tries to 'educate' beginners abt the benefits of hedging and how to go abt doing it (comes with free excel simulations too)...
https://bitcointalk.org/index.php?topic=2956302.msg30343731#msg30343731

Or say this one, where I tried to suggest a feasible enhancement for the merits system.
https://bitcointalk.org/index.php?topic=2938208.msg30179058#msg30179058

So how many merits am I at now?
1 ... a bit dismal, but yes maybe I'm just largely unlucky that these posts go unnoticed. I'm OK really.

But what makes my temper flare, is how some members are using merits related posts to farm merit. They create an attractive thread name, write a FEW lines about how people shdn't complain abt the merits system, that it's the next best thing to be invented since air-con, and how improving writing/english will naturally lead to merit awards. Dude, even an idiot knows this. And i see some of these posts geting 50 to >100 merits. Either some senior members only want to hear the GOOD stuff (which i highly doubt so), or this is the most blatant merit-farming i've ever seen.

Pls stop. Even if u're trying to find a valid reason to award ur junior account from ur higher-ranking ones, go write a serious educational post, abt ur trading experience, abt some new awesome ico project or even on ur views on crypto outlook for the year. Whatever, as long as it really helps the community.

For myself, I'll keep trying. Newcomers like me, don't give up. Keep writing, we'll pull through together. Smiley


[Edited: P.S. Any senior member who intended to award the post merit and sees this -> pls don't, it was a partial rant out of angst. Will continue writing 'good' posts elsewhere. Comments are always welcomed though, thanks.]
15  Economy / Trading Discussion / How to HEDGE Your Crypto Gains - Includes DL link for Excel Portfolio Simulation on: February 15, 2018, 01:39:44 PM
What does hedging mean? Basically when the market goes against u, u limit your losses. Of course your cut of the profits will be lessened as well, but in times of volatility, and there's always volatility in crypto, some knowledge of hedging is always useful to protect your heard-earned crypto gains. For most traditional assets (stocks, bonds etc.), various readily available derivatives options serves to fulfill the need for hedging. However, even as we're starting to see various instruments such as bitcoin futures, this function is still relatively immature in the Crypto space.

So where do we start?
Some experienced crypto-investors may say that the only strategy you need is to diversify your portfolio into a wide array of tokens, in not just the NUMBER of tokens or use-cases, but in their 'industry' or use-cases as well (e.g., e-money tokens, protocol tokens, utility tokens). That might work well for the mature equity markets, but crypto participants would realise that the crypto market is extremely correlated. When some event occurs to disrupt the confidence in bitcoin, or the crypto-sphere as a whole, the whole market tanks together. Some rallies come, >90% of the market shares in the gains. Just look at the 1-hrly or daily % changes on coinmarketcap, u'll see that the degree of co-movement is very high.

While various strategies involving leveraged margin longing or shorting, or even the newer crypto-derivatives exist, this post shall focus on a simpler strategy, i.e., rule-based cashing out and re-entry based on periodic portfolio changes. To illustrate this, let us take a period of high volatility, say the last three months, and construct 3 hypothetical portfolios with a mixture of fiat/btc/eth/random altcoins holdings.

[For the purpose of this exercise exercise, the following prices scrapped from coinmarketcap was used. (Link to table image at https://www.dropbox.com/s/qg3gzc4bawqpal4/table1.png?dl=0) ENG/ZRX/BNB/AIR were random alt-coin picks across a variety of purposes and marketcap.]

Now let's set some rules for each portfolio:
A. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each @start, HODL.
B. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each, WEEKLY REBALANCING*
C. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each @start, CUSTOM RULE**

*Rebalancing: i.e., when the price of a token runs up, relative to others, and its share in your portfolio rise, u sell some, so that it's share in your portfolio stays constant over time.
**CUSTOM RULE: 50% profit-taking (of weekly gains) when weekly portfolio change is > 30%, Re-entry of 50% of available fiat balance when weekly portfolio change is < -30%

Voila, the results are as follows.

                    A                B              C
20171119    10,000     10,000     10,000
20171126    12,608     12,608     12,608
20171203    12,986     13,239     12,986
20171210    13,371     13,682     13,371
20171217    19,704     19,916     19,704
20171224    20,544     21,023     20,292
20171231    29,320     27,228     27,377
20180107    55,215     43,040     45,387
20180114    61,577     46,558     48,570
20180121    47,609     39,662     40,969
20180128    44,626     38,219     39,000
20180204    32,593     31,384     32,852
20180211    26,651     24,590     30,753

Some key takeaways here,

- The weekly rebalancing portfolio (B) delivers returns which are on par, or worse off than the reference HODL portfolio (A).
Intuition: This could be because idea of mean-reversion of returns, i.e., when people expect prices to always drop after rising for some time, or trend up after declining for some time, might not hold true for individual tokens in crypto, due to token-specific factors (gd/bad news, team issues etc.) which can often cause moon or doom scenarios.

- The 'take-profit' portfolio seems do ok. It seems to be the most resilient in the last few weeks, when the entire crypto market took a beating. Note that the cash-out rule kicked in 3 times over the period, while the re-entry rule did not kick in at all. No declines exceeded -30% (or even -20%) on a weekly basis. Caveat: It is very likely that if the data frequency we were using were shorter in intervals (e.g., two-day changes), this portfolio would have performed even better. I recalled there were multiple times when the market tanked significantly over a short period, and ran up for 1-2 days subsequently. The re-entry and cash-out rule would have benefited significantly from such short-term volatility.

This post is not intended to tell u to follow the strategy above. It IS intended to tell u to learn to develop your own strategy over time, based on your own set of trading rules and intuition. Those who outwins and outlasts everyone else in Crypto are often those who know what they're doing. With 2017's huge run-up in market cap alrdy, it's probably a bit too optimistic to depend on 'luck' alone in trading in trading.

As promised, those who wish to have a copy of the excel and play with the parameters for themselves (including tinkering with the custom rule) can get it here https://www.dropbox.com/s/vskcfdcwu274cjc/Portfolio%20Simulations%20Excel.xlsx?dl=0. Have fun folks.


16  Alternate cryptocurrencies / Altcoin Discussion / How to HEDGE Your Crypto Gains - Includes DL link for Excel Portfolio Simulation on: February 15, 2018, 01:37:16 PM
What does hedging mean? Basically when the market goes against u, u limit your losses. Of course your cut of the profits will be lessened as well, but in times of volatility, and there's always volatility in crypto, some knowledge of hedging is always useful to protect your heard-earned crypto gains. For most traditional assets (stocks, bonds etc.), various readily available derivatives options serves to fulfill the need for hedging. However, even as we're starting to see various instruments such as bitcoin futures, this function is still relatively immature in the Crypto space.

So where do we start?
Some experienced crypto-investors may say that the only strategy you need is to diversify your portfolio into a wide array of tokens, in not just the NUMBER of tokens or use-cases, but in their 'industry' or use-cases as well (e.g., e-money tokens, protocol tokens, utility tokens). That might work well for the mature equity markets, but crypto participants would realise that the crypto market is extremely correlated. When some event occurs to disrupt the confidence in bitcoin, or the crypto-sphere as a whole, the whole market tanks together. Once rallies come, >90% of the market shares in the gains. Just look at the 1-hrly or daily % changes on coinmarketcap, u'll see that the degree of co-movement is very high.

While various strategies involving leveraged margin longing or shorting, or even the newer crypto-derivatives exist, this post shall focus on a simpler strategy, i.e., rule-based cashing out and re-entry based on periodic portfolio changes. To illustrate this, let us take a period of high volatility, say the last three months, and construct 3 hypothetical portfolios with a mixture of fiat/btc/eth/random altcoins holdings.

[For the purpose of this exercise exercise, the following prices scrapped from coinmarketcap was used. (Link to table image at https://www.dropbox.com/s/qg3gzc4bawqpal4/table1.png?dl=0) ENG/ZRX/BNB/AIR were random alt-coin picks across a variety of purposes and marketcap.]

Now let's set some rules for each portfolio:
A. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each @start, HODL.
B. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each, WEEKLY REBALANCING*
C. 30% Cash, 15% BTC, 15% ETH, 10% of ENG/ZRX/BNB/AIR each @start, CUSTOM RULE**

*Rebalancing: i.e., when the price of a token runs up, relative to others, and its share in your portfolio rise, u sell some, so that it's share in your portfolio stays constant over time.
**CUSTOM RULE: 50% profit-taking (of weekly gains) when weekly portfolio change is > 30%, Re-entry of 50% of available fiat balance when weekly portfolio change is < -30%

Voila, the results are as follows.

                    A                B              C
20171119    10,000     10,000     10,000
20171126    12,608     12,608     12,608
20171203    12,986     13,239     12,986
20171210    13,371     13,682     13,371
20171217    19,704     19,916     19,704
20171224    20,544     21,023     20,292
20171231    29,320     27,228     27,377
20180107    55,215     43,040     45,387
20180114    61,577     46,558     48,570
20180121    47,609     39,662     40,969
20180128    44,626     38,219     39,000
20180204    32,593     31,384     32,852
20180211    26,651     24,590     30,753

Some key takeaways here,

- The weekly rebalancing portfolio (B) delivers returns which are on par, or worse off than the reference HODL portfolio (A).
Intuition: This could be because the idea of mean-reversion of returns, i.e., when people expect prices to always drop after rising for some time, or trend up after declining for some time, might not hold true for individual tokens in crypto, due to token-specific factors (gd/bad news, team issues etc.) which can often cause moon or doom scenarios.

- The 'take-profit' portfolio does quite ok. It seems to be the most resilient in the last few weeks, when the entire crypto market took a beating. Note that the cash-out rule kicked in 3 times over the period, while the re-entry rule did not kick in at all. No declines exceeded -30% (or even -20%) on a weekly basis. Caveat: It is very likely that if the data frequency we were using were shorter in intervals (e.g., two-day changes), this portfolio would have performed even better. I recalled there were multiple times when the market tanked significantly over a short period, and ran up for 1-2 days subsequently. The re-entry and cash-out rule would have benefited significantly from such short-term volatility.

This post is not intended to tell u to follow the strategy above. It IS intended to tell u to learn to develop your own strategy over time, based on your own set of trading rules and intuition. Those who outwins and outlasts everyone else in Crypto are often those who know what they're doing. With 2017's huge run-up in market cap alrdy, it's probably a bit too optimistic to depend on 'luck' alone in trading.

As promised, those who wish to have a copy of the excel and play with the parameters for themselves (including tinkering with the custom rule) can get it here https://www.dropbox.com/s/vskcfdcwu274cjc/Portfolio%20Simulations%20Excel.xlsx?dl=0. Have fun folks.






 
17  Other / Beginners & Help / Blockchain 1/2/3/4 (for beginners)...What does it all mean??? on: February 13, 2018, 04:01:17 PM
[reposting here for beginners] Hope this is useful for folks who's new to the forum. If there's qns pls feel free to comment and I will try to ans to the best of my ability. IF not there's always other members.

Blockchain 1.0 --> Currency.
The original development of distributed ledger technology, a.k.a. DLT resulted in the first cryptocurrencies such as bitcoin, where decentralised records of financial transactions and arguably, store of values on the blockchain enabled peer-to-peer transfer of payments (or more broadly, assets). These developments sometimes brought with them tagline benefits such as fast,trustless and anonimity, which were viewed as a means of getting around centralised financial institutions like banks (yups, those blood-sucking buggers).

Blockchain 2.0 --> Smart Contracts.
Personally, I think these are the start of the true blockchain revolution. If you can code a gazillion if/else statements into the blockchain, and enable trustless execution of certain actions given certain conditions, you can basically automate or dis-intermediate away A LOT of the inefficiencies buried in our current financial, corporate, social and government administrative systems. Notably, the marriage of blockchain tech and Smart Contracts meant that it is almost technically impossible to hack the latter.

Blockchain 3.0 --> Decentralised Apps (Dapps for short).
The commonly touted benefits of Dapps include their avoidance of centralised infrastructure and hence any central point of failure. The code and its executive basically live on huge peer-to-peer blockchain networks (my mobile, Peter’s home desktop, that Russian guy’s mini-server etc.). Note that all these are behind the scenes, the frontend user platform can take any form and be designed for any purpose. For instance, the recent cryptokitty craze (hey, i’m a owner of digital cats too!) was one of the more (initially) popular Dapps that came along, despite it seemingly clogging up the ethereum network at some point.

Blockchain 4.0 --> self-sustaining blockchain ecosystems? inter-operable sidechains/ blockchains etc.
Personally I think while some projects tout themselves as pushing the blockchain 4.0 frontier, we've yet to truly see a inter-operable blockchain platform that works? Let me know if u feel otherwise.

18  Other / Meta / Adding a "Likes" Points System to Complement the Merit System? on: February 13, 2018, 04:27:29 AM
I'm relatively new here to btctalk, having only been a member for a few months.

But I enjoy the environment quite a bit, whether it's the chance to see discussions on new icos, views on altcoin movements, or do a lil' bit of bounties for some coffee money (yes I do bounties too, mostly for projects that I agree with, and I honestly see nothing wrong with that, as long as no excessive shilling is conducted).

To the community and the forum platform I give my sincere thanks.

I also honestly think that the new Merit system has its merits (pun intended); won't go too much into it here since there's many other posts discussing the pros and cons of the new system. But observationally, the 'velocity' of smerit movements is too slow to be healthy for the system as a whole. Under the current system, smerits are almost a 'currency' of sorts by itself. They have 'value' attributed to them by their influence over the act of 'ranking up', and while disallowed, there are still black markets for merit trading (I suspect). The realisation that smerits have value leads members to excessively hoard them for 'future use', since as as a normal user, I have no certainty whatsoever over my future stream of 'merit' income, even if i strive to improve the quality of my posts.

While theymos obviously considered this problem and came up with the solution of future merit sources, I (respectfully) wish to point out that this alone is likely insufficient. To a certain extent, this is akin to the idea of trusted nodes in blockchain design, and hence have the same associated issues. Trusted nodes with too much influence run the risk of corrupting the system; too few trusted nodes run the risk of insufficient 'processing' power to fulfill the platforms' usual smerit generation needs.

On this note I would like to suggest an additional complementary system of sorts, where say every member has a certain weekly quota of X 'like' credits, which will expire at the end of the week if unused (and reallocated the next again). Because of the (i) expiration and (ii) weekly quota refresh tagged to such credits, members are much less likely to hoard them. Different member tiers could possibly be allocated different amounts of like credits, if higher-ranked members are presumably believed to be 'better' judges of content, on average.

Now when I see a decent post, 'decent' in the sense that I enjoyed the content, whether it was a random comment that made me laugh, some tip i found useful, etc., but where it was not sufficiently educational/high-quality for me to part with my hard-earned smerits. I can award the post some 'like' points instead. Like points can then be convertible to merits using a sufficiently high ratio, which can be slowly calibrated over time to ensure robustness of the overall rank system. To avoid abuse (e.g., likes trading -_-") etc., a micro cap could also be set to the number of likes (maybe just 1?) a user can award certain posts, so the volume of interested readers who 'like' the posts matter more than having 1 high-ranking member come and award large numbers of 'likes'.

I sincerely believe having some form of complementary channel for rank-up will help ease some of the tension between old/new members simply due to the challenge of ranking up and will prove beneficial for btctalk over the longer-term. For comments or views, pls.

[P.s., not sure if someone else has suggested a similar system, pardon me if there has been. No intention of copying the idea. The suggestion came in part from the fact that I read chinese novels, and platforms like qidian.com always have a dual system of more precious 'monthly-votes' (only allocated if u top-up membership fees etc.) and periodic-refresh-able 'recommendation votes', to ensure sufficient dynamism at all levels of the community.]  

 
19  Alternate cryptocurrencies / Altcoin Discussion / Blockchain 1/2/3/4 (for beginners)...What does it all mean??? on: February 12, 2018, 06:26:35 PM
Hope this is useful for folks who's new to the forum. If there's qns pls feel free to comment and I will try to ans to the best of my ability. IF not there's always other members.

Blockchain 1.0 --> Currency.
The original development of distributed ledger technology, a.k.a. DLT resulted in the first cryptocurrencies such as bitcoin, where decentralised records of financial transactions and arguably, store of values on the blockchain enabled peer-to-peer transfer of payments (or more broadly, assets). These developments sometimes brought with them tagline benefits such as fast,trustless and anonimity, which were viewed as a means of getting around centralised financial institutions like banks (yups, those blood-sucking buggers).

Blockchain 2.0 --> Smart Contracts.
Personally, I think these are the start of the true blockchain revolution. If you can code a gazillion if/else statements into the blockchain, and enable trustless execution of certain actions given certain conditions, you can basically automate or dis-intermediate away A LOT of the inefficiencies buried in our current financial, corporate, social and government administrative systems. Notably, the marriage of blockchain tech and Smart Contracts meant that it is almost technically impossible to hack the latter.

Blockchain 3.0 --> Decentralised Apps (Dapps for short).
The commonly touted benefits of Dapps include their avoidance of centralised infrastructure and hence any central point of failure. The code and its executive basically live on huge peer-to-peer blockchain networks (my mobile, Peter’s home desktop, that Russian guy’s mini-server etc.). Note that all these are behind the scenes, the frontend user platform can take any form and be designed for any purpose. For instance, the recent cryptokitty craze (hey, i’m a owner of digital cats too!) was one of the more (initially) popular Dapps that came along, despite it seemingly clogging up the ethereum network at some point.

Blockchain 4.0 --> self-sustaining blockchain ecosystems? inter-operable sidechains/ blockchains etc.
Personally I think while some projects tout themselves as pushing the blockchain 4.0 frontier, we've yet to truly see a inter-operable blockchain platform that works? Let me know if u feel otherwise.

20  Alternate cryptocurrencies / Altcoin Discussion / ultra high correlation among altcoins on: February 08, 2018, 02:36:41 PM
have u ever noticed that on coinmarketcap, if u look at the 1hr price change, on certain days, and getting more frequent in fact, the changes are highly correlated?

If coins trend down, they tend to trend down TOGETHER, despite each coin's news/developments for that day. hence the term, sea of red. While I know this is common for more traditional asset classes such as equities too, i'm quite certain the correlation is not so direct.

Any views on this? mass bot manipulation by whales? high systemic risk cos ppl view crypto as a whole, given that's it's a whole new asset class exposed to the same set of risks?
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