Bitcoin Forum
October 22, 2018, 05:52:41 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
  Home Help Search Donate Login Register  
  Show Posts
Pages: [1] 2 »
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [ANN] EtherSportz Project & ESZCoin Token Overview 🌟🚀 on: April 04, 2018, 02:01:15 PM
- Latest Project Updates 1.5:
- ESZCoin Website Launches:
- ESZPlay Website Launches:
2  Alternate cryptocurrencies / Announcements (Altcoins) / EtherSportz Community Engagement and Feedback on: March 07, 2018, 06:56:26 PM
EtherSportz Community! We’d love to hear your feedback on questions that will help us build the best possible platform. To kick things off:

What’s the biggest challenge you face with online competitive gaming platforms?

#eSports #PUBG #CSGO #leagueoflegends #DOTA2 #hearthstone #starcraft2 #ESZCoin #ICO #Token #Ethereum #Bitcoin #community  #competitivegaming #tellusyourthoughts
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🚀 [ANN] EtherSportz Project & ESZCoin Token Overview 🌟🚀 on: February 13, 2018, 03:03:15 AM
EtherSportz Project Update 1.2 — CoinMarketCap & Blockfolio Listings:
4  Alternate cryptocurrencies / Announcements (Altcoins) / 🌟🚀 [ANN] EtherSportz Project & ESZCoin Token Overview 🌟🚀 on: February 06, 2018, 02:37:26 AM

Website    |   Beta Signup    |   Telegram    |    Twitter     |     Facebook    |     Instagram   |   Reddit   |   Whitepaper    |   Medium  

EtherSportz, a tech startup located on the US East Coast, successfully conducted their ESZCoin token sale to fund the development of a new eSports tournament platform. The sale was a phenomenal success, allowing the company to raise $3.5 million dollars’ worth of Ether in just under 48 hours. ESZCoins were generated using a PPM and SAFT under a Regulation S offering for non-US investors only. To facilitate KYC and AML requirements we partnered with Token Of Trust to vet each person.

The team will use these funds to build the EtherSportz platform, which they hope to launch into production by Q4 2018. The platform will allow gamers to enter daily eSports tournaments using cash or cryptocurrency to compete against other players in online games to win prize pool rewards. Players will able to compete alone or on teams against other gamers from a wide variety of popular online skill-based games. The platform will collect fees by keeping a small portion of the prize pool generated by each tournament. EtherSportz aims to eventually host thousands of tournaments each month.

EtherSportz has an aggressive 2018 development schedule ahead of it. By the end of the second quarter this year they hope to have developed and launched a closed beta, which they are presently accepting applicants for. In Q3 the open beta begins and the larger public will be able to interact with the platform. And in Q4 the official launch will commence with a grand opening celebration event. To achieve these goals, EtherSportz has brought on a senior lead developer with over 15 years of full-stack development experience. The team is also actively seeking partnerships with Twitch video streamers, eSports players and serious gamers to building its online audience.

EtherSportz aims to capitalize on the eSports market explosion, which is currently the fastest growing sports market in the world. The audience growth for several eSports championships has already eclipsed that of certain major sporting events (like the World Series) and is projected to continue to grow at an aggressive pace over the next decade. This environment is ripe with opportunity, and if EtherSportz can capitalize on just a tiny fraction of the market, it's sure to have bright days ahead.

EtherSportz eSports Platform & ESZCoin Overview YouTube Video

What is ESZCoin?
ESZCoin is an ERC20 token on the Ethereum blockchain. Only 10 million ESZCoin were minted and the majority were sold during Q1 2018 to fund the development of the EtherSportz platform ( 50% of profits generated from the ESZPlay platform will go to repurchase and “burn” (remove from circulation) ESZCoins from token holders at a market price premium. These buybacks will occur monthly, and will begin shortly after the official ESZPlay product launch. You can currently buy and sell ESZCoin on IDEX or Bancor token exchanges.


Website    |   Beta Signup    |   Telegram    |    Twitter     |     Facebook    |     Instagram   |   Reddit   |   Whitepaper    |   Medium  

Join The Conversation on Telegram:
5  Other / Off-topic / Re: Suggest me a movie on: February 04, 2018, 02:30:35 AM
Inception or really any movie produced by Christopher Nolan.
6  Bitcoin / Bitcoin Discussion / Re: Philippines SEC Plans to Regulate Cryptocurrencies, ICOs on: January 30, 2018, 01:48:08 AM
In the future we may see a lot more regulation or were potentially every token will need to be registered as a security or possible that all exchanges must follow the same requirements / rules of for example the stock exchange or a Forex exchange. There are a lot of ways to still hold an ICO moving forward if they fall within the guidelines of traditional capital raising within a Countries guidelines for example possible using a private placement memorandum and SAFT (Simple Aggreement for Future Tokens).
7  Other / Off-topic / Re: What would you do if the Internet was shut-down - forever?! on: January 30, 2018, 01:42:41 AM
I'd start an irrigation business in Florida.  Grin
8  Economy / Speculation / Re: will bitcoin price continue to go down? on: January 29, 2018, 08:26:57 PM
I don't know about down, but it will certainly continue to fluctuate. There are opportunist who get in and out at little 2-5% moves, and there are skittish investors who flinch every time a government agency remotely hints at regulation or involvement. That said, I think you should allow for a degree of movement, and treat $10,000 as a consensus floor - a kinda safety net, that the value should bounce back off of (internally, you should have a plan if it dives through that point). January is always a rough year for crypto, so don't be too alarmed, next month will be a better estimate of bitcoin's direction over the next period.
9  Bitcoin / Bitcoin Discussion / Re: Will cryptos be so volatile forever? on: January 29, 2018, 07:54:02 PM
It will definitely stabilize. We have to remember that for most of bitcoin's lifespan, its price was actually relatively "stable" - of course there was volatility, and at some times massive swings, but it was not this daily -+10% kinda stuff we see now. This period is unusual, and in my mind, artificial. It represents the mainstream people finally become aware of crypto and diving on board to make a quick buck. Once those people get burnt out, they'll move on to the next thing, but the core will remain.
10  Other / Off-topic / Re: If bitcoin goes to zero on: January 29, 2018, 07:29:32 PM
I don't agree with the statement that all cryptos are priced against bitcoin, and that, somehow, if bitcoin went to 0 they would all suddenly be 0 too. Now obviously, if bitcoin took that kind of impossible dive it would safe to assume that all other cryptos would be in trouble too (if bitcoin was worth 0, I'm imagining society itself is crumbling), however, your argument is like saying that if USD went down to being worth 0 in Euros (which again, would never happen), that japanese yen would also be worth 0 in Euros too, which is obviously silly. My point is, these currencies are priced not only against bitcoin, but against other cryptos and other fiat currencies too, they would still have relative values that could be derived even in the unlikely event of bitcoin disappearing tomorrow. Like anything, their value would be simply this: what are people willing to pay for it.
11  Bitcoin / Bitcoin Discussion / Re: How to Stop Bitcoin's Ban Speculations? on: January 29, 2018, 07:17:23 PM
Countries really can't ban crypto (well, they could,  but it would be next to impossible to enforce). What they can do is they can ban or restrict exchanges (especially ones that convert to fiat), they can make it hard for banks to connect to exchanges or demand that banks can't knowingly receive from an exchange, and they can go after ICO's (since most ICOs publicly declare their founders/team). As far as what you can do to protect yourself, I would say the same to any investor: don't have your eggs all in one basket. Protect yourself, don't invest any more than you can lose. As you make profits, take small portions of those profits out and liquidate. Yes you might lose some potential gains, but at least you can't lose ALL of your gains at that point.

You shouldn't count on the worst, but you should be able to survive it if it does happen. Also, try to read a lot. Try to get a handle on how your government talks about cyrpto. If everything they say is trying to flare up sentiment against it ("money laundering, terrorist funding, a threat to main street!"), it could be them preempting the society for a move against it. The more and more large institutions in your country are interacting with crypto the better, since these institutions have political clout, and they lend legitimacy.
12  Bitcoin / Bitcoin Discussion / Re: Philippines SEC Plans to Regulate Cryptocurrencies, ICOs on: January 29, 2018, 07:04:46 PM
This was inevitable. Expect more and more countries to start coming on board. In the short term it'll probably mean that some ICOs panic, some token holders freak out and lose some money, but in the long term it should prove to be a good thing. There are way too many ICO's that really are straight up scams.
13  Other / Off-topic / Re: Bitcoin is not gambling on: January 29, 2018, 07:01:48 PM
While I essentially agree with the argument made repeatedly in this thread that bitcoin is a currency/investment, I think if we're honest with ourselves, we'd admit that bitcoin holders are about 50/50 right now. That is 50% gamblers (or, lets call them "wild speculators" so we don't split hairs), and 50% true believers/investors. It wasn't always this way, but especially in 2017 I think that's been increasingly the case. These gamblers are the people who freak out every time bitcoin makes any movement whatsoever. They are the people who constantly try to figure out which ICO they can hold and dump 20 minutes later. They are the people who, everytime they get a whiff of a government even thinking about imposing some kind of regulation, they sell everything. So bitcoin itself isn't gambling, but a lot of the people involved are, in a sense, gamblers. And I know that because they barely understand the thing that they've invested in. A normal investor, buying into a company, usually at least has some general conception about that company's business model and prospects. In crypto, I really feel about half of the people have no idea of whats going on at all, don't understand the technology, its possible applications, its origins, and instead just hope to make a quick buck on the hot new thing.
14  Bitcoin / Bitcoin Discussion / Re: Bitcoin in 2018 on: January 29, 2018, 06:49:05 PM
I think 2018 will see another artificial, hysteria driven FOMO bitcoin move, possibly rivaling last year's, followed by a second, massive correction which will hopefully yield a more faithful long term price point. The get rich quick guys, mostly outsiders who barely know what crypto is and helped inflate its price to where it went in 2017, jumped out the moment that things got rough (and they jumped out in mass, which is why we saw all time high followed by 50% devaluation). I think if bitcoin stabilizes (which is basically has) and can show a month or so of steady, marginal growth, those people will make a second run at it, creating another stampede effect. The FOMO will be as strong as last time, but it will be even faster (since those people now know the basics - they already have an account on coinbase for instance). They'll have leverage to get other people on board too, since they can point to a chart (they barely understand) and say "look, it went to 20K last time." This will help it spike there even faster. That said, I think it'll spike faster, and it will also turn negative faster too, much for the same reason. A lot of people will make money, and other people will get in too late and lose money on the correction.
15  Economy / Speculation / Re: The game is getting hilariously apparent... on: January 29, 2018, 06:02:54 PM
I think that this is pretty good analysis, and I especially agree with your assessment - the ICO wild west days will probably come to an end soon. ICO's will survive, but they'll need to play more and more by the rules (which will ultimately be better for everyone, though will probably create a short period of panic). Legitimacy is good, and it attracts players with larger resources who have an interest wherever there is money to be made in a way that a team of lawyers can understand (and pursue if they feel cheated).
16  Bitcoin / Bitcoin Discussion / Re: Will Governments let Bitcoins and Crypto World survive? on: January 29, 2018, 05:39:14 PM
I honestly give it about a 70/30. 70% it survive with no (or possibly minimal) interference / 30% try to actively suspend or stop transactions with crypto. I put this over a 5 year timeline, since, now that crypto is really entering the mainstream consciousness, governments will eventually be cornered to make up their minds about what they'll allow (until the last year, many of them treated this sector as a novelty, but with bitcoin's massive swings and the ICO craze, they can't avoid the topic much longer). I think it'll still take 5 years because governments are generally pretty slow, and they'll form "special investigative committees" and other things which usually operate on a 1-2 year timeline themselves. In either case, I'm really referring to the exchanges, since this is really the only place that governments can effectively interfere if they decide to. The biggest issue will be whether or not so-called old money (banking/finance/wall street) feels like its being left out or not. If they think they can make money on this, then it'll survive. If not, they'll exaggerate money laundering, terrorists financing, or they'll wait for a big loss to take place, and claim that, in the name of protecting people, only "registered" investors with assets totaling X amount should be allowed to invest in crypto. Why I rank this 70/30 is that I think we're beginning to see signs that "old money" does in fact think they can prosper here.

All that said, I don't think the current wild west version of the cryptosphere will continue as its has been, and  I do think that more "oversite" will be added which will be annoying (I think ICOs will face more and more scrutiny for instance), but, by and large, I think that crypto will survive.
17  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Really End World Poverty? on: January 29, 2018, 05:02:48 PM
No, this is total nonsense. The normal rules of supply and demand (and this applies to currency in the form of inflation) still exist. As a thought experiment, suppose you gave everyone 100,000 bitcoin tomorrow (which is obviously far beyond what we're talking about here). Let me ask you a question then, would anyone be willing to do anything for .00001 bitcoin at that point? Of course not. No one is going to pick apples, work at a grocery store or gas station, be a plumber, etc, for what, for them, has suddenly become essentially pennies in comparison to their sudden imagined wealth. People would still work, but suddenly they are going to want more. Good would still be sold, but they'd suddenly sell for more. This suddenly deflates how much that 100,000 bitcoin was worth. The existence of crypto doesn't solve the fundamentals of economics anymore then the existence of any other new currency that might suddenly come into existence would. What crypto does do is give people access to goods and services worldwide without having to to exchange their currency between a middle man, while simultaneously making them active speculators (when you hold USD you're not actively thinking about its relationship to Euros on a day to day basis - for crypto, you are). This, though, creates as many opportunities as it does risk, which doesn't lead to a world where poverty doesn't exist - it leads to a world where certain people are either lucky or smart and make money on market moves, while other people are unlucky or dumb and get screwed.
18  Economy / Speculation / Re: will bitcoin price continue to go down? on: January 29, 2018, 04:45:23 PM
At this point you're probably better off holding. When you talk about swings of that degree of proportionality, there becomes a consensus price - basically a point at which people say "ok, it can't go much lower than this, time to hold/reinvest." For the common investor, the combination of a a downward swing of -50% and the "roundness" of the number like $10,000, created a pretty reasonable floor, at which point things seem to have stabilized. Now if this was a company with that kind of swing, I'd say get out while you still can, but this is a currency/asset -it plays by a different ruleset. My personal theory is the get rich quick FOMO investors will lick their wounds and will buy in one more time once bitcoin looks like it can sustain even marginal growth for more than a month, so I think we're ultimately due for one more gold rush moment (followed by another collapse) before we finally hit bitcoins more "long term value". Just keep in mind that when you follow an all-time high event, its very had to predict what comes next, we're in uncharted waters.  
19  Economy / Speculation / Re: bitcoin can't push prices higher on: January 29, 2018, 04:34:21 PM
Bitcoin was due for a correction - it was obvious that its rate of gain last year wasn't sustainable (I think internally, everyone in the community knew this), fueled as it was by the larger, non-crypto community finally jumping on board in pure FOMO hysteria. I knew things were going to be crazy when my aunt, who doesn't even know what the word "decentralized" means, created a coinbase account. This was good for the upswing, and I'm sure everybody here enjoyed it, but these same people are easily scared and will bail (have bailed) at the first sign of trouble. That said, I honestly think a lof of these people will jump on board again if bitcoin can sustain even marginal growth (they want to get rich quick, and after you taste swings like that, going back to buying stocks isn't going cut it), which will again artificially inflate the price for a time. When we're in the realm of all time highs followed by near 50% devaluations, its hard to say what will happen, and I suspect these moves aren't driven by technical analysis for the majority of those involved, but pure emotionalism (and if the vast majority isn't trading by the "rules" then it makes predicting outcomes hard). That said, I suspect at least 1 more gold rush moment if bitcoin can stay stay positive, but when that one burns out (wherever it lands), I think we'll arrive at a stable bitcoin price for several years.
20  Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins? on: January 29, 2018, 04:16:48 PM
Yes, that would be horrible judgment. Take a note from people who have been making money in other, comparable investments models since investing was a thing - diversify. That doesn't mean you can't have a substantial amount in crypto/bitcoin, but to put all of your money in ANY single thing is just a bad strategy. We can't entirely use past results to count on future outcomes, that's why people got screwed in the dotcom bubble, in the housing bubble, in the tulip mania bubble for crying out loud. I personally have substantial crypto holdings and think that there is a great amount of additional profits to be realized, but you should always hedge your bets.
Pages: [1] 2 »
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!