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Alternate cryptocurrencies / Altcoin Discussion / Cheap Altcoins Theory
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on: January 04, 2018, 04:06:43 PM
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The very recent spikes in many currencies made me think, and I've come up with an hypothesis.
First, let's have a look at some of the currencies that spiked (I'm focusing on medium-high market cap coins):
-Ripple -NEM -Cardano -Stellar -TRON -VERGE
Some are old, some are very recent. Some are payment systems, some smart contract platforms. So, do these currencies have something in common?
They are (or were) sub-dollar coins!!! My theory is that a lot of newcomers doesn't know about basic things as the fact that crypto can be bought in fractions, like 0.1 BTC. And on top of this they just look at how much a coin cost, without looking at the total supply. I hope so much to be wrong, what do you think about it?
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Alternate cryptocurrencies / Speculation (Altcoins) / PIVX moon 16-10
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on: October 12, 2017, 09:15:20 AM
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Hi guys, what are you thought on the Zero protocol release on 16-10, is PIVX going to moon? To get some background, from the official website: PIVX will be the first Proof of Stake coin to have the Zerocoin Protocol publically available for transactions within PIVX. These perfectly anonymous transactions will also still maintain the speed and security already inherent to PIVX. So in short: PIVX is introducing ZeroCoin for the first time into a POS coin PIVX is Automating TOR integration PIVX already has obfuscation enabled PIVX already has IPv4 and IPv6 (I2P is in development) Encrypted chat (in-wallet) is underway for private communications.PIVX is the most anonymous POS coin available on the market as well as one of the fastest. https://pivx.org/did-you-know-pivx-is-committed-to-true-privacy/
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15
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Alternate cryptocurrencies / Altcoin Discussion / The tech behind Iota
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on: June 13, 2017, 04:44:52 PM
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Iota introduces an interesting new concept in the crypto scenario: the directed acyclic graph, or DAG. Basically it's an evolution of the usual blockchain, requiring no fees and without scaling issues. Nevertheless, after having a quick look at the white paper I still don't understand how the nodes will keep working continuously. In the "tangle" there are no miners, the beloved greedy workers of the Bitcoin blockchain. Instead, here to perform a transaction, you should verify other transactions first. In the white paper ( http://iotatoken.com/IOTA_Whitepaper.pdf) they say: what motivates the nodes to propagate transactions? In fact, in our setup the nodes do not have motivation not to propagate. Every node calculates some statistics, one of which is how many new transactions are received from a neighbor. If one particular node is “too lazy”, it will be dropped by its neighbors. So, even if a node does not issue transactions (and hence has no direct incentive to share new transactions that approve its own one), it still has incentive to work hard. I'm not convinced by this statement. In fact, let's say that I'm a node and I don't want to be excluded by other nodes (and even on this I would like to understand what it means to be excluded. If you start again working hard can you be re-admitted? I could work only if I need to do transactions). If my fellow nodes work x, I could work 0.99 x to not get excluded and minimize my work. But this reasoning can be applied to every node, since electricity has a cost, so everyone one will lower its effort, resulting in a system that perform poorly. What do you think about this?
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Alternate cryptocurrencies / Speculation (Altcoins) / Byteball (GBYTE) Price
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on: June 01, 2017, 11:28:36 AM
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Predictions on the Byteball price in the next couple of weeks, months? It seems to me that there is a lot of space to grow long term, plus there was no ICO and premine.
In particular do you think there will a price drop after next moon distribution?
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17
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Poloniex delisting, new entries?
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on: April 19, 2017, 07:31:19 AM
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As you probably already know: On May 2, 2017, the following will be delisted: BBR, BITS, C2, CURE, HZ, IOC, MYR, NOBL, NSR, QBK, QORA, QTL, RBY, SDC, UNITY, VOX, XMG https://twitter.com/Poloniex/status/854486851238932481What new coins do you think will be added? PIVX seems an obvious candidate, looking at volume and marketcap.
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Poloniex crash Ripple peak
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on: April 05, 2017, 02:11:18 PM
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I don't know if this has been already addressed, but a couple of days ago during the Ripple peak Poloniex servers went down for minutes, with many people not able to buy and sell. Considering how quick the price went down, many people lost money due to servers not responding.
I've seen many complaints in the trollbox about this, but at the end something has been done? Refunds or similar? Something can even be done in this situations?
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