If you believe in long-term projects, the current market position is irrelevant. The trader focuses on coins that are under $ 0.99 including newly registered ones. This is as long as all the technicians are good enough to get in. So all the other coins are sensitive to BTC motion.
Every coin is sensitive to the price of BTC, even STRAT. The question is, over the long-term, which ones can hold their own and which ones will fold? There's no shortage of fly-by-night projects in crypto either. |
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can someone explain to me how this is supposed to decentralize the internet? does it provide incentives for entrepreneurs to provide parallel or alternative data transmission models. does it reward mesh net node operators? i cant find anything about this sort of thing. From what i read it looks like a new layer that is going to be added to the top of existing infrastructure, if this is true it wouldn't be decentralizing the internet at all. decentralizing data storage maybe. but "the internet" can only be defined as the network of cables and satellites that connect computers. the internet is a collection of physical objects like routers and fiber optic cables and satellites, not data or information abstractions.
It is hard to give a picture from scratch. Perhaps you can read through some of the stuff on the website, and maybe look at some videos on YouTube that also talk about the idea of 'decentralize the internet', and then you can ask more specific questions? Maidsafe isn't building a new hardware layer of course, but the idea is to use the existing infrastructure and create an ecosystem that is more decentralized. |
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I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
panic selling is only occuring on new traders in the market, most of the newbies does not really know the basic principles of marketing like supply and demand because they only focus on earning profit and they did not know the outcome of every occurrence that might affect the market price. Panic selling is definitely not a feature of 'newbies' alone. Even experienced traders fall for it, especially if they haven't seen previous cycles in crypto. |
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New started projects bypass stratis i am happy sell stratis and buy eos
Good luck with that trade. I suspect you'll need it. |
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Well.. Most of optimistic holders right there were not expecting bitcoin to break 3.000$ after a dump from 2.980$ to 1.800$ and go as high as 20.000$ 4 months later.
The average optimistic bitcoin projections after we break 3.000$ was 5.000$ for the end of 2018, and we know what happens.. bitcoin goes x4 of that average expectation.
Now also we are in the same situation. A pullback from 20.000$ to 6.000$ Then a try to retest the 20.000$ and go above in next weeks.
Again the average optimistic holders are praying for a price of 20.000$ again before end of 2018. So maybe we are going to make x4 of the average expectation before end of 2018 For a bitcoin price of 80.000$.
When/If bitcoin gonna hit 80.000$ the very big hedge funds and the richest persons are going to enter the market. This gonna coincide with a bitcoin pullback from 80.000$ to 40.000$ only because this time there are the richest persons in the world willing to buy bitcoin after bitcoin going to be the number one on internet trends from here. So.. its going to be a very big support, and from there the real big boom gonna happend ( duo to the amazing big big bang money coming) and take bitcoin price from 40.000$ to 500.000$ before end of 2019 And then bitcoin officially recognised as the new GOLD and all the powers gonna submit to the new worldwide king.
Thats my projection.
I know it sounds like impossible, but with bitcoin all is possible. He goes from cents to 20.000$ in 7 Years and you think its impossible he make X25 in 2 years from the 20.000$ registred on december 2017 to december 2019?
I like your way of thinking. Sometimes we are too consumed by the short term charts and miss the big picture. If we keep our faith in what seems impossible now, we will be rewarded sooner or later. Thank you mate. We need more positive bull energy. In the long run, bitcoin from hes creation, was only very bullish in the long run and that are not going to change. Like you said, our brains are by default focused on the very short term and forget the big term picture wish is very very bullish. And for my projection, i found it very reasonnable and conservative, but for the ones that are more focused on short term pictures, it feels like mission impossible to get @ 80.000$ @ the end of 2018 And 500.000$ @ the end of 2019. In the past, bear markets have survived for multiple years. The growth has been concentrated in a few months, which means you really shouldn't miss those. Giving such tight price targets for end of 2018 for example makes me uncomfortable, since the bear market could very easily last until then. However, if the past is any guide, the subsequent growth once it enters the bull phase would be impressive too. Just don't want people to sell in despair if their year end price targets aren't being met. |
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Good news. But this will just help Mijin make money, as they're offering a 30 day free trial, then charging $0.65 per hour. How will it benefit the NEM public chain? The benefits are indirect, similar to Ethereum Enterprise Alliance. It is also good publicity, and developers learning your ecosystem. And it will be easier for enterprises to use the Mijin private chain to host the necessary nodes to run the network. That is really great because every project on mijin indirectly helps the ecosystem in some part Even though the code base is shared, the nodes are not shared. The private network that Mijin facilitates runs its own nodes, which transact based on their needs. They do not host or relay public NEM transactions and are therefore not NEM nodes. |
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i think they should stay impartial in public announcements and on the other side push more aggressively for a solution. They can still take matters in their own hands and fork, together with Polka and rest of the "parity" gang. They are not empty handed in this negotiation.
Anyway we burned more than half a mil tokens and that's nice to see. I find the report good, nice that they are on top of things with regulators, audits and legal stuff as i expect some new laws regarding crypto very soon.
No body will follow a fork without community consensus. "They" can take matters into their hands and fork into a worthless network but that's not the goal, is it? |
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Are you seriously suggesting that $75 million+ of funds supposed to be held indirectly by ICN holders doesn't matter to the price of ICN, and 'we' haven't lose anything? Irrespective of whether you think the hard fork is a good or bad idea, surely you can agree that ICN holders collectively lost something.
Edit: at the time of the incident the 600k ETH was worth something like 30 mil and now it's worth 70 mil (rough numbers)
that's 40 mil difference and if you extract 20% (performance fee) you would see that we would have seen 8 milion $ used for burning. Now it's that nothing? again not to mention future proffits
OK, you are right guys, we have lost potential profit on ICN. It is just hard for me to belive that even if Iconomi would get those funds back, the price of ICN would be higher. I don't understand the silence of the Iconomi team on this issue. You're talking about scores of millions of dollars here, not a trivial amount. For example, they could commit to using those funds to buyback and burn ICNs, which could actually make a difference this time given the large amount of money for the buyback and burn. I think they (together with Polkadot and Parity team) are still working on solution to get those funds back, even if the hard fork won't happen. It would be amazing to see $70M worth of buybacks, but it is half the current marketcap on ICN, so it's pretty much unreal. Yes, but it doesn't seem like the EIP999 would pass. The community is opposed to it. You cannot sit and scheme in the back rooms and then provide the "solution" to the community. There's a reason other projects, including Parity, have been out there in the public talking about this and trying to persuade the community. I don't see that from the Iconomi team, which is one of the projects affected by this. |
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Good news. But this will just help Mijin make money, as they're offering a 30 day free trial, then charging $0.65 per hour. How will it benefit the NEM public chain? The benefits are indirect, similar to Ethereum Enterprise Alliance. It is also good publicity, and developers learning your ecosystem. |
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Are you seriously suggesting that $75 million+ of funds supposed to be held indirectly by ICN holders doesn't matter to the price of ICN, and 'we' haven't lose anything? Irrespective of whether you think the hard fork is a good or bad idea, surely you can agree that ICN holders collectively lost something.
Edit: at the time of the incident the 600k ETH was worth something like 30 mil and now it's worth 70 mil (rough numbers)
that's 40 mil difference and if you extract 20% (performance fee) you would see that we would have seen 8 milion $ used for burning. Now it's that nothing? again not to mention future proffits
OK, you are right guys, we have lost potential profit on ICN. It is just hard for me to belive that even if Iconomi would get those funds back, the price of ICN would be higher. I don't understand the silence of the Iconomi team on this issue. You're talking about scores of millions of dollars here, not a trivial amount. For example, they could commit to using those funds to buyback and burn ICNs, which could actually make a difference this time given the large amount of money for the buyback and burn. |
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Hi there,
My antivirus software is detecting a virus in the stratis wallet from github (2.0.0.3). It calls it a malware : Miner.gen.
Is it normal and safe to ignore ?
thank you
You need to give more information here. What link did you follow to download this? Can you link to an online malware checker so we can see the warning? What antivirus software are you using? |
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It look like the ice age for NEM could be behind us, the price seems to be stabilizing.
NEM should be pumping a lot harder actually. TRON is way ahead in market cap which is just fucking crazy. Don't even get me started on the vaporware EOS and Cardano. Sadly this is going to continue until NEM actually sees real world use - that won't be necessary for the other ones because they are only about pump and everyone knows it. Sometimes I wonder how NEM managed to completely avoid the most striking facet of crypto while being the best blockchain around. It is literally invisible and never, ever discussed anywhere. How the hell did NEM blow their PR THAT bad? All they need to do is go and shill a bit in /r/cryptocurrency for a while but they can't be bothered. Mind boggling and very lazy. Nems performance during this pump has been pathetic. Price and volume was better when coincheck started repaying funds vs now, total market cap was way lower than it is now. Hopefully we will see some positive momentum soon. I'm very afraid this will be the same story when Catapult releases. Pure P&D not lasting more than 3 days with no lasting gains. This is the precedent the totally inept Lon Wong has set. Unimaginable how they could take something so great and fuck it up so hard. Glad he is gone at least but still no real signs of life or larger communication. They need the momentum BEFORE the release so it has follow-through. What's your specific proposal here? Shilling on forums isn't a PR strategy. If you search /r/cryptocurrency for "NEM" you will find it is basically never mentioned outside of the Coincheck hack. Here is a good example from a thread where someone was basically begging for info about NEM not too long ago: https://www.reddit.com/r/CryptoCurrency/comments/84uovu/nem/If you read the comments in there it is clear most people that would invest have absolutely no idea what it is about. I don't know exactly how but NEM seems to be invisible in the English-speaking world (that's where the $$ is). So shilling in /r/cryptocurrency wouldn't be a bad place to start. Maybe they need more banner ads, puff pieces on websites which are then promptly linked to in elegant ways in Reddit forums that seem organic. Get more press at Coindesk. Yup. Good ol' fashion PR & shilling. I think Lon was very condescending and arrogant - thought he was "better than that." The problem is we are talking about currencies here and while building use cases is all well and good if the coin itself has little value, is basically unknown and/or is not distributed widely enough then this will undermine adoption down the road. Let's face facts: coins that pump get known, ones that don't remain obscure and no one would buy in even if they had the best tech ever. The other problem is like it or not this is a competition for finite capital and resources which could later be leveraged in expansion. So TRON will get one hell of a war chest and could hire a team of programmers to implement whatever they can dream up and have the budget to market and sell it while NEM will be very limited in what they can make happen (TRON is a bad example but apply the same logic to EOS and Cardano and you get the point). I don't see VC firms talking about throwing $100 million at NEM, but they are at EOS. Basically, NEM being essentially unheard of and unconsidered in the West is killing them and all the other platforms with even half-assed solutions will get adopted and NEM won't for this very reason. That's fair criticism actually. However, as a long-term strategy, shilling on forums really isn't good for the ecosystem or the coin or the community. That's for quick pump and dump coins. NEM has been around the block for a long time, and the long game is more interesting than abrupt price jumps due to these 'tactics'. However, there is a case to be made for being more in the crypto public consciousness in general via announcements and press releases, and perhaps also engaging with journalists like from Coindesk and give them interesting info to write about. |
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Moving the ICO date on gluon is a great strategy on the part of the developers . Since the market was just in a bear season when the initial date was announced. Now that market is recovering, it is the most appropriate time to launch.
I hope it was a seasonal issue and now we will go up a lot. Thinking about another huge wave makes me feel excited. The last one was just like drugs  Just a friendly advice - I know it can be addicting, but don't hold your breath. Crypto doesn't move like that. It may easily be a couple of years before you see a spike up again like the last time, if at all. Go through the coins during the last pump - very few survived and saw another spike in price during the next bull market. In order to give returns, it must first survive. Stratis is a good project if they are able to deliver on their original roadmap. Nothing is a given in crypto. You are right with every single word you said, but I think there will be another huge run if you consider how many people in the world are involved with crypto yet. It is not a lot overall. I don't think it will take a couple years as there is too much attention already being drawn to crypto. You cannot take that in absolute terms though. The question is, was the previous run-up way above what should be expected based on the number of users, or was it commensurate? In other words, even with a growth in users, we may be a long way away to reach that 'equilibrium' since crypto overshot the last time. It is not possible to determine the amount of this overshot, but something to keep in mind. |
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@Gutenhans
Well, investors holding tokens haven't lost anything, we still own our ICN worth same as yesterday (still under ICO price...). I don't know if or how will it affect DDAs on ICONOMI platform, probably it won't.
Whose life is going to be ruined by this? Those funds are frozen for so long now that most people already forgot about it. Parity is still doing well, Iconomi is developing great and Polkadot probably too (I'm not following them). All those projects have hundred of millions more in funds. You say $1000 is not much, so how about $10 000? Or $100 000? Where is the line?
All I'm saying is we can't alter the blockchain every time someone screw up. It would be like banks bail-out after 2008 recession. Crypto is suppose to be different, right?
Are you seriously suggesting that $75 million+ of funds supposed to be held indirectly by ICN holders doesn't matter to the price of ICN, and 'we' haven't lose anything? Irrespective of whether you think the hard fork is a good or bad idea, surely you can agree that ICN holders collectively lost something. |
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It look like the ice age for NEM could be behind us, the price seems to be stabilizing.
NEM should be pumping a lot harder actually. TRON is way ahead in market cap which is just fucking crazy. Don't even get me started on the vaporware EOS and Cardano. Sadly this is going to continue until NEM actually sees real world use - that won't be necessary for the other ones because they are only about pump and everyone knows it. Sometimes I wonder how NEM managed to completely avoid the most striking facet of crypto while being the best blockchain around. It is literally invisible and never, ever discussed anywhere. How the hell did NEM blow their PR THAT bad? All they need to do is go and shill a bit in /r/cryptocurrency for a while but they can't be bothered. Mind boggling and very lazy. Nems performance during this pump has been pathetic. Price and volume was better when coincheck started repaying funds vs now, total market cap was way lower than it is now. Hopefully we will see some positive momentum soon. I'm very afraid this will be the same story when Catapult releases. Pure P&D not lasting more than 3 days with no lasting gains. This is the precedent the totally inept Lon Wong has set. Unimaginable how they could take something so great and fuck it up so hard. Glad he is gone at least but still no real signs of life or larger communication. They need the momentum BEFORE the release so it has follow-through. What's your specific proposal here? Shilling on forums isn't a PR strategy. |
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most people just look at the blockchain technology's scability to determine its potential, always remember NEM's purpose is to provide Enterprise Blockchain solutions for all industries
NEM is not a private blockchain, and therefore its purpose is NOT to provide enterprise blockchain solutions. Perhaps you're confusing NEM with something else (like Mijin or hyperledger or corda). |
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What's ICONOMI's stance on EIP999, given they are one of the largest projects affected? Is there somewhere I can read about the team's thoughts on this matter?
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Hey all.
I am confused about these two (BTC and ETH), which one is best to invest/hold for long term ?? How much time I should hold from these two?? Price is going up now a days, what is the best time to buy ? I should wait for buy right now ?
The first thing to do is not make your long-term investing decisions based in the price action for the last few days or weeks. The second thing to do is thoroughly research the pros and cons of both Bitcoin and Ethereum. Third, make up your mind on what you find promising for the long-term and where you see the most potential. Also remember that it is perfectly ok to have a mix of both, i.e. your portfolio can contain x% BTC, y% ETH and (100-x-y)% others. These values need to be determined by you, not someone on the forum. Do your homework!! |
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That's a good interview about NEM. Sums it all up in short. I think that about sums it up. And I like it, it brings back memories.Thanks for sharing. YEA this does bring back memories I always look at the use case and NEM is still strong NEM has a bright future overall in blockchain market One of the real ones that will exist for a long time While many other coins will come and go Yep, the use case is here. We just need a couple of high profile 'flagship' projects to be built on NEM. That will allow the rest of the market to follow their lead. As Lon Wong is saying in the video, you can issue securities for example on NEM but we haven't seen any production utility like this built. |
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That's pretty good coverage of the event, and of Stratis. It might help to clarify that Stratis allows you to write smart contracts in C# as well instead of Solidity, which is a new language to learn. |
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