The fact that you made money off it, does not make something less scammy (ie: verge, tron). While the project itself is not a scam per-se, it resorts to scammy marketing tactics. Luring in people with the idea that you're mining with your phone is a scammy tactic. Doesn't matter if you're getting credited for the fake mining, you are implying the network can be upheld securely by mobile devices (which would be awesome, imo). We all know that doesn't happen and you're basically getting some airdropped tokens. Electroneum brings literally NOTHING to the table. It is for all intents and purposes a shitcoin.

At this point, bitcoin is unfortunately almost entirely a speculatory asset. That's because we're still rather unsure whether it can handle widespread adoption. We're not even sure if bitcoin itself will be the crypto to deliver us into mainstream use (mind you, that is a rather important aspect). The values of bitcoin and all the alts that follow it are highly volatile because we've got great ideas but we're not sure we can implement them. As much as some things are certain in this space, there is a lot of confusion as to where and how we're going to get anywhere.

Ah, the clarification I needed. Much appreciated. I did not realize you are rewarded sMerits based on the merits you receive, thought we all got 'em at various intervals.

Appreciate the tips.


Yeah, the merit system was a necessary addition in order to contain the onslaught of "when moon sir" people. I do think they need to incentivize sending merits, though.


Thanks mate. Appreciate it.

Bcash is not bitcoin. Never was, never will. It's an attempt by a band composed almost exclusively of frauds and scammers. Ver, Wu, Wright, Ayre, Andresen. Just off the top of my head.

To address the topic at hand, we need to take down this account. But through legitimate means, as in showing the follower base that the account does not represent bitcoin and is attempting to defraud people. Reporting the account to twitter will only take it down for a limited amount of time. It's a useless waste of time.

The day the system was introduced I remember having 4 sMerits. Gave all of 'em to Lauda, without realizing that they'd be distributed so scarcely. Kind of an understatement, seeing as how I haven't gotten any since. Can anyone shed some light on the matter?

Explain how your group is to be trusted and is not, in fact, just a pump and dump group? Surely, you must know how hard trust is earned in this space.

What? Why? Both of those are scams, just like bitcoin cash or any other fake bitcoin out there. I find all this forking to fight asics stupid, tbh. I'm no fan of bitmain's monopoly, but forking projects to tone down the market dominance is basically burning the house down to fight a flood. What other company will want to get involved in making these if they can rendered useless by economically illiterate nerds?

I'm worried mainly because the majority will find that they won't have lost money in outright scams, just terrible projects. How many ICOs which come out on a daily basis do need or even benefit in any way from using blockchain? I'd argue that maybe 1%.

Just a friendly advice: take ALL investment suggestions from random people with a grain of salt. I feel that crypto is much more dangerous compared to the stock market, and not why you'd think. It's not the volatility, but the ability to get tricked into buying something that seems promising and there's a significant possibility that it's either an outright scam, or a product that doesn't need blockchain, it's just being adapted for the the purpose of crowdfunding. Study the teams and their backgrounds, first and foremost.

My only long time hold is eos. I think it's the only other platform able to create an economically incentivized ecosystem similar to how the Ethereum Enterprise Alliance worked out for ethereum. Got in really early, it's my best performing investment, so far.

Thought the last amazing bull run had at least a couple weeks to a month 'till bubbling. Didn't manage to cash out in time, mostly due to greed. I reckon I know better now. Basically, even if it means giving up on a potential 20-30% win, I'm not gonna take any chances with my holdings dropping 80% like last time. That depends on whether we're gonna see another bull run similar to the last one any time soon.

Much appreciated. So yeah, to reiterate, the system needs some fine tuning. An idea would be to somehow incentivize the sending of sMerits as well. As of now, many people either don't know about the system - it's not exactly in your face - or don't really care about sending someone merits. Another idea would be to at least make it easier to sMerit someone, maybe something similar to upvotes on reddit. It's somewhat cumbersome to give out merits, imo. Anyways, I'm sure if we try to maintain the level of discussion as high as possible, we'll be able to recognize those that constantly contribute in a significant way. 

I'm pretty much stuck at being a full member, never been handed out any merits, although I always strive to post as best I can, so I guess in that regard the system is working. I was sick of the "nice project sir", "when moon sir" people spamming across the board and being financially incentivized to do so. However, I think the sMerit distribution is a little too strict. For example, I had 4 sMerits the day the system was implemented. Sent'em out that very day. Haven't gotten any since. I guess that should be fine tuned so we could hand out more to those really deserving. If they're too scarce, they can be a tool of coercion and corruption.

Campaign : Twitter
Twitter Username: @LucIcsel
Twitter profile link: https://twitter.com/LucIcsel
Week#: 4
Twitter Links:
1.<05/2> https://twitter.com/LucIcsel/status/991629463690661888
2.<05/3> https://twitter.com/LucIcsel/status/991977866605793280
3.<05/3> https://twitter.com/LucIcsel/status/992033399975088129
4.<05/4> https://twitter.com/LucIcsel/status/992309767103115265
5.<05/5> https://twitter.com/LucIcsel/status/992690487080431618
6.<05/7> https://twitter.com/LucIcsel/status/993400095751262208

No, it won't. All you people who can't see that garage projects with videocards could never achieve global adoption, lack vision. ASICs are the future for pow, there is no other option. Efficient, stable and dedicated to securing networks. I'm not a fan of bitmain's monopoly, however, that's gonna change and rather soon from the looks of it. More and more companies are getting involved in asic manufacturing. And if you think centralization cannot be achieved through gpu mining, you're naive, to put it mildly.

Less worried due to sleeping 6 feet under. Jokes aside, if bitcoin is to survive as global uncensorable cash by 2140, it will have to undergo transformations that might not seem realistic today. I get the feeling that today bitcoin is not treated with the respect it's due. The vibe I get from interacting with somewhat knowledgeable individuals on this matter is somewhat derogatory. They are viewing as an amateur product with lots of hype behind it. And to be honest, the petty politics plaguing the space are not helping.

Bitcoin will have to change into something user friendly, but professional. I don't know how else to put it, other than making a simple analogy: most people see bitcoin like a young skater with decent talent. Older folk tend to look down on him, cause they don't understand him. They don't think and honestly don't care if he ends up famous because of what he does. In order to appeal to this category of people, Bitcoin will have to be able to wear a suit and tie, at least from time to time.

He needs to understand simple concepts like the strength of the team and their promotional ability (ie: shilling). A website that lists every (?) bounty available is http://bountiesalert.com/. Good luck.

Please provide some sources for that. I've always thought monero would never be allowed to be anything more than a tool for the dark web and shady dealings. But even then, if the amount of exchanges allowing it to be traded is reduced, it's gonna be really hard to cash it out. It's why I never really invested in it, even though I think it's a great project.

I mean, the question you gotta answer for yourself is: why would someone develop a business around making money for other people, when they could very well do it themselves? Liquidity? Come on, they could have a partnership with an exchange of sorts and would be able to cash out any crypto, on the spot. For me, this type of operation is a painfully obvious scam. The added referral systems most of them employ should be further proof that it's also a ponzi.

I stopped using coinmarketcap after the disappearance of korean exchanges' volume. The prices came tumbling down after that, as a result. Which is insane. Thinking that a simple website like that can make tens of billions go away in the blink of an eye. It's the same as mining centralization. I've started using livecoinwatch since. Customizable with a cool interface.