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1  Alternate cryptocurrencies / Altcoin Discussion / Is LAT token a scam? on: October 27, 2017, 04:25:11 PM
LA Token, they promised high and we bought for as much as $0.45 each.
When it was listed on exchange it started trading at $0.2   Why pay more at ICO, i don't understand.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats going on with ALTCOINS on: October 10, 2017, 03:03:01 AM
Well if that is the case .. which altcoin are you going to buy in this dip and why
3  Alternate cryptocurrencies / Altcoin Discussion / Whats going on with ALTCOINS on: October 09, 2017, 07:04:08 PM
Literally all ALTCOINS are in downward spiral for past few days and very big today.
Whats going on ? Anyone have a grip on it?
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Your idea of salt platform (last private discounted phases in a few hours) on: October 05, 2017, 01:02:39 PM
Revisiting this pump thread, just for the record for people who are looking to give a lesson.

They pumped the coin so high and stole from people. Don't fall for these pumps, look, even if you believe in the coin, you could buy it for much below the offer price in public.
You don't even know where the bottom it.

My point is, there is misinformation and steal your money than factual information on this forum and people without your safeguards are going to loose your shirt very fast.
90% of the positive threads on this forum are bogus and to steal your money.

The more greedy you are the more faster you loose your money.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: The two new altcoin you should watch out for on: October 05, 2017, 12:56:54 PM
Waste of time. Look at the quality of reporting on the website. Bait for less informed. I question the outlet itself, irrespective of what the current topic is.
6  Other / Off-topic / Re: Google Authentication question on: September 28, 2017, 02:54:25 PM
You could try to contact the support and ask to reset your password including the 2fa and it will be sent on the email you provide on the registration to confirm the changing of password and resetting 2fa.

thanks for your response.  It did't sound simple or a easy solution for a common problem. i was expecting a more easier DIY solution ... hard to believe there is none
7  Bitcoin / Development & Technical Discussion / Re: bitcoin address question on: September 28, 2017, 02:52:08 PM
Thank you all for your detailed clarification.

So it is left to chance that there will not be a duplicate, however small that probability is. This at least validates my assumption but with solid understanding with the help of details you provided.
8  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Billionaire Token - Games on the Blockchain! 🔥 Deflationary Algorithm on: September 28, 2017, 01:44:57 PM
Ok, I was super hesitant to buy this coin. I threw some money into it for fun not expecting much to happen. However, the dev is committed... I haven't seen a token make progress as quickly as this one. You probably won't become a billionaire on it, but you will have fun and make some good money on it (or lose it gambling, your choice) IMHO.  The dev is super committed as well. Jump on board now.

Not going to be a billionaire? Nooooooooooooooooooooooooooooo  Huh Undecided Cry

What he meant was , you and I won't become a billionaire but don't worry  Glue Dog will!!!
9  Bitcoin / Development & Technical Discussion / bitcoin address question on: September 28, 2017, 12:06:16 PM
While i have been dealing with bitcoin trading for sometime the following question keep bugging me all along. Hope one of you can clarify it for me.

I understand that bitcoin is decentralized and self maintained in the sense there are no central authority to create users or provision passwords or maintain servers.
I also understand that bitcoins are stored in wallets, which are essentially public key hashes aka an address of 20 bytes randomly generated address. To make any transactions on this wallet/public key address  bitcoin decentralized application need corresponding private key.


All well and good. Now my question is

1) How and who generates these public/private keys. I assume anyone can generate ..but whats the criteria
2) Who keeps track of which public keys are generated and what is its corresponding private key .. as far i understand there is no one so i wonder how it works
3) If it is a random public key with no one keeping track of addresses in use, how does the system ensure same address is not being used by two different people. i.e how do we know the key generate has produced a key that is not already in use
4) we keep hearing suggestions about disposing keys and keep creating new ones for security reasons. While it is secure to move on to new address as frequently as possible, my question is how sustainable is this approach. How big is the address space and whats the chance of exhausting the addresses and stumbling on reused addresses.


Some of these questions might be silly to few of you but its better to get clarified than working under assumptions. As you can tell i am a IT developer hence the questions from my developer mindset.

Thanks in advance..
10  Other / Beginners & Help / Merchant help on: September 28, 2017, 11:41:34 AM
I read somewhere the benefit of accepting bitcoin for a merchant is as below

"Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it."

Can someone please elaborate on how this works. Right now, lets say i have my bank who provides the card processing service will settle my transactions to my bank account periodically.

In that context, how does the above benefit apply?
11  Other / Off-topic / Google Authentication question on: September 28, 2017, 11:38:09 AM
I linked my coinbase and bittrex for 2FA using google auth on my android phone.

Now, i have faced issues with my phone many times and there is a chance you could loose your phone. Now that you can't log in to your coinbase or bittrex without google 2FA, what happens when you loose your phone or you reset your phone?
12  Bitcoin / Development & Technical Discussion / Re: How to get involved to understand crypto world on: September 01, 2017, 07:23:30 PM
Hi BittyBatty,
First of all, it's always nice to greet new people to the blockchain developer community.
I started like you a year ago, knowing very little about the developing aspect of blockchain oriented projects and the limited resources to educate yourself. Right now, the community is growing at a fast rate and you're able to find resources to speed up your learning process everywhere. I would recommend you to get familiar or refresh the basics of HTML, CSS & JS for frontend development and NodeJs for backend prior to jumping into blockchain (freecodecamp.com is an excellent website to get the basics of frontend and Udemy has some nice courses on backend). This is because blockchain is only supposed to act as a layer in between the two. Once you decide to start on solidity, jump into the docs headfirst. Study the language in depth and try to use it to look up things that you don't understand within the provided examples. If you need any help you can always PM me!

Appreciate your insight and thanks for your helping hand. I will sure reach out to you at right time.
13  Bitcoin / Development & Technical Discussion / Re: How to get involved to understand crypto world on: September 01, 2017, 07:18:51 PM
what do you mean? Where to get the most value by entering into the domain?
Crypto currencies all have different flavours, from blockchain timing, over blockchain design up to smart contracts.
I'd recommend starting with Bitcoin. Thats like a foundation to the many crypto currencies, and go step by step. Once you grasped it, and can't get enough Cheesy, continue with "smart contracts" (yes, Ether is a possibility, also AEON, written in ERLANG), and then maybe have a look at DAGs.
There is plenty of room in this space  Grin

Thank you for the direction. It helps me to takes steps in that progressive direction
14  Alternate cryptocurrencies / Altcoin Discussion / Is SIA still relevant on: September 01, 2017, 07:16:29 PM
FILECOIN is a huge hit and has the backing of who is who of the industry.
With a bit unorganized team like SIA, do they have a chance.. i am concerned if i still keep my investment in it intact. Of course same goes with STORJ.

Whats your take on it.
15  Bitcoin / Development & Technical Discussion / Re: How to get involved to understand crypto world on: September 01, 2017, 03:33:26 AM
Given the current state of affairs, whats the right place to be as a tech person in crypto world?  Ether or something else?
16  Alternate cryptocurrencies / Altcoin Discussion / What is your take on deeponion on: September 01, 2017, 02:48:16 AM
Pump?  They are comparing it to XMR but it being on TOR, i doubt it gets wide adoption.
What you think?
17  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] Billionaire Token - Are you burning to play?🔥 35% BONUS 1H REMAINING on: September 01, 2017, 02:30:23 AM
So it's a true gamble to wait for 50% because there may be no coins left, love this coin! Love being a BILLIONAIRE.

Hmm why would you say so Huh?  I think there are plenty remaining and hardly any got sold according to their website. Less than $100k

i am wondering if there is enough demand for this as it was hyped.
18  Bitcoin / Development & Technical Discussion / Re: How to get involved to understand crypto world on: September 01, 2017, 02:21:13 AM
Hi,

the crazy world of crypto would bring you immedeatly to bitcoin.org, to understand the eco system. There is a developer section: https://bitcoin.org/en/developer-documentation
Then you could read probably the online book (or buy it) from Andreas: "Mastering Bitcoin", here: http://chimera.labs.oreilly.com/books/1234000001802/ It is available in many languages.
Also there is the very good post from Ken: http://www.righto.com/2014/02/bitcoins-hard-way-using-raw-bitcoin.html
On youtube you find Bitcoin 101, which explains alot.
And of course this forum has many links/references, similiar here: https://bitcointalk.org/index.php?topic=2131710

Thank you and appreciate it.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats ETH value based on on: September 01, 2017, 02:18:49 AM
it's always depend of SUPPLY/DEMAND. People buy ETH to invest some ICO.

Ok, probably this is the part i am missing.  BTC is used for buying real life stuff and store like gold.
as far i know , ETH is neither. You don't buy any stuff with ETH.

invest in ICO is understandable but then i see that as a temporary transacting currency because the ICO team would most likely sell and turn it into fiat asap. So, no i don't really understand why ETH should be priced as it is now or why it is compared to BTC.
20  Alternate cryptocurrencies / Altcoin Discussion / Whats ETH value based on on: August 31, 2017, 05:11:55 PM
I understand that there are certain amount of BTC ever to be in circulation. when more people want it (due to limited supply) as store of value or transacting currency, it creates demand and drives the up.

what i don't understand is , how is ETH value determined. Its not currency but a smart contract platform. So how and why there is value to ETH and what does it produce to gain value in future.
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