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1021  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2018, 09:00:01 AM
Nice:
GP Bullhound, Saxo Bank Predictions Show Institutional Investors Could Be Crypto Industry’s Saving Grace For 2019 Bounce Back.

https://bitcoinexchangeguide.com/gp-bullhound-saxo-bank-predictions-show-institutional-investors-could-be-crypto-industrys-saving-grace-for-2019-bounce-back/

By "2019 should be the year institutional capital flows into cryptocurrency” I wonder if they mean they'll buy real coins from the market (aka exchanges) or if they'll buy/short futures!
What could it be.... what could it be... Roll Eyes
1022  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 17, 2018, 08:47:38 AM
Is there a possibility that the Ethereum will rise again in the year 2019 in which in the 1st quarter of 2018 the Ethereum prices is on it's highest peak now it is on the lowest peak...

Don't forget that Ethereum is no longer this "new thrilling thing with countless possibilities" which drove the excitement and the expectations high last time; and the price followed!
Ethereum has strong competition now so everything will depend not only on how well Ethereum will do but also how well its competitors (EOS, ARK and I think Lisk though I believe Lisk is price manipulated).
1023  Economy / Speculation / Re: A Look At Cryptocurrencie's Market Cap In Comparison on: December 16, 2018, 02:56:56 PM
  • XRP is the cheapest and faster payment method.

no it is not because you are comparing apples and oranges. if you want to compare decentralized payment systems then don't include centralized ones in your list. compare Ripple with its counterparts such as VISA and PayPal which are similarly centralized and are companies.

You should read the whole post and the one in which I replied to.
I just pointed a few CRYPTO-related projects I know well and why those are more useful to the users and investors than just buying stocks. VISA and PayPal are not cryptocurrencies.

But I should have stated that better, sorry!
1024  Economy / Speculation / Re: A Look At Cryptocurrencie's Market Cap In Comparison on: December 16, 2018, 01:05:45 PM
I've found an even better visualisation: http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/
It's impressive how little cryptocurrencies are worth in comparison with everything else, only silver is valued lower (which is even more impressive for me!)

Huge debt by the way!
1025  Other / Meta / Re: Merit & new rank requirements on: December 15, 2018, 11:42:54 AM
Nice one ,forum moderator can we have a demerit button on dashboard too? I think this forum deserves one
I see you're a bold one huh? ... so you ain't afraid of getting a mimus score?  Roll Eyes Roll Eyes
1026  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ARK - Blockchains Interoperability with SmartBridge 🔹 ARK Core v2 Live 🔹 on: December 15, 2018, 11:40:59 AM
Unless you don't leave your home and don't talk to people outside the internet, you should know that most people see cryptocoins as something mysterious and difficult to be involved with. The price manipulation is making things even worse.

Unfortunately it's because of those problems that no matter how good development one project does, there is a limit to its valuation growth since the investors in this space are very limited.

However, at the same time its projects like ARK which pave the road to an accessible blockchain.
"Point, click, blockchain" is their moto for a reason  Wink

I also like their attitude which I recall from an interview, "we don't see competitors in other blockchains, but possible collaborations" they said.
It's the shame mindset we should all have and to support projects which will push the whole space forth.

1027  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: December 15, 2018, 08:57:40 AM
Coss decides to use XRP as a base currency on their exchange

I believe that's very important. I don't know who Coss is but having XRP as a base currency as fast as possible will be beat for all cryptocurrencies.
Bitcoin is hugely controlled by whales at the moment, I don't know for how long will XRP be free of their control if it becomes the main coin but at least there isn't any possibility huge farms will mine all the coins without having to buy from the market.
1028  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 14, 2018, 09:45:12 AM
I have already all-in ETH when its price dropped below $100 last month.
The only thing I can do now is closing my computer & relax....

God Bless Ethereum!

Ahm... nice diversity! Good luck with that! x)
Well, it may work out for you and I really hope it does, but you're going down a very risky road!

For example in my portfolio, my favourite coin equals 50% of my total crypto-investment.
1029  Economy / Speculation / Re: NEW BAKKT game on: December 13, 2018, 02:31:31 PM
Awesome, let's try..

$3141
Read the rules thats a dead guess....

Be fast and change your number.....
List almost closing

What do you mean he did a "dead guess"? He gave a lower price than the lowest but on the 1st post I didn't notice any rule about it, was a rule added in another post and I've missed it?
In any case, you've registered my guess, I'm just curious about cryptofrka's guess! Tongue
1030  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 13, 2018, 02:26:28 PM
Well, we will be back where Ethereum has been started.. I started mining eth when it was 3-4$ and nothing new with me, that's the life of the crypto if you don't prepare yourself in this situation, you will be frustrated..

If I'm not mistaken, when ETH was 3$-4$ you could make about 1 ETH per day with a single GPU (the best one available).
Right now it'll always be unprofitable to mine anything while the prices are low. Farms with free power (or stealing power) will keep mining for a small profit, keeping the diff higher than ideal for home-miners who would mine for a loss.

Today, instead of mining, it's better to buy the coins you want with the money you'd burn in electricity.
1031  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation on: December 13, 2018, 02:18:58 PM
I don't know who those Ameritrade guys are, I didn't find any info as to what kind of "exploring" they do, and a -1% in 24h is not what you call "excitement"! Cheesy
But thanks for sharing CoinCodex, really. I don't mind you, I just find stupid titles from the media like this one irritating.
1032  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]★CryptoBridge★BCO★🔹Decentralized EXchange 📈RELEASED NOW BETA🔹 on: December 13, 2018, 08:00:36 AM
#BWare !!! Crypto Bridge just DeListed ADV, APEIR, CBS, CTF, ERZ, FDR, FLC, JLG, HLDC (HDLC), NOS, NXTON, PAR, SCS, SGO, SPHX, STEMMA, TAL, VTAR and XMP !!!

!!!This Is No DCentralized XCHange!!!

They force U to sell, without offering U the chance to withdraw WhichEver coin they want...


What are you talking about? I can see in their Discord that they posted an announcement on 19th of November, saying that those coins will be delisted in 2 weeks "due to lack of activity, no communication from the developers or for the developer request".

This "for the developer request" means that some of these mentioned coins might have requested the delist themselves.
Don't be so worked up for shitcoins! I'm sure that if any of these still had a team behind and communicated with Crypto-Bridge there wouldn't be a delist.
1033  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Storj - Decentralized Storage on: December 13, 2018, 07:46:43 AM
Hello.
I had tried sharing my HD about a year ago, but after a month of 500GB sharing I hadn't received any rewards so I just quit.
Since I see you're actively working on Storj after a long time and your idea was a good one from the start, I'd like to get involved again.

Is there any kind of a calculator available to check my possible income from storage sharing?

There isn't a calculator right now as the team is working on a major upgrade (Storj V3) and planning to release the software for sharing storage in early 2019.
The best thing you can do right now is to register your interest to become a storage node operator (used to be called farmer) at this link:

https://storj.io/sign-up-farmer

Once registered you will receive a survey to fill in with details of your setup and that will allow you to receive an invite for when the software goes live.
Invites will be sent in different batches, depending on your setup you could be in the first batch of invites or in a following one.

I checked the form and it seems to me they only require servers with 100% uptime? The form's lowest bandwidth options seem kinda large.
It's not about using your free 500GB of your old drive anymore huh? Not to mention that if you want to use it for half of the day then it's pointless.
1034  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 12, 2018, 09:52:43 PM
There is a theme being propagated on interwebs that bitcoin will never be able to get from under negative price pressure from CME/CBOE futures (which are cash-settled). Apparently, it happened multiple times before with other commodities.

Q to WO crowd: do you think that bitcoin does (or doesn't) have some futures fighting mitigation strategy?

Personally, i don't fully buy that doom-and-gloom scenario because other cryptos did not have futures, yet declined even more, hence not a clear cut picture.

Would btc-settled futures like bakkt and/or 'physical' ETF objectively helpful in this fight or not?

Of course, if some some major fiat currency would experience hyperinflation, then btc would benefit, but this scenario is not very conducive to day-to-day life.

I would prefer to think about how we can use intrinsic bitcoin properties to fight CME/CBOE pushing us down (in price).

Right now they can suppress Bitcoin's price with futures because there's very little investment going in BTC. It's not hard for the wealthy to outplay and outbid the teenagers who buy a few Bitcoins.
As I've stated here (and I also made a graph): https://bitcointalk.org/index.php?topic=5076475 there are a ton of money in other kind of investments which could possibly reach Bitcoin at some point; stocks alone have about 800 times more money invested in them than all the cryptocurrencies... not to mention that most coins' market cap is artificial.

If more money start to go in BTC, then at the very least those who are trying to suppress the price will have to do so in a higher level, they won't be able to keep it in ~3000$.
1035  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Storj - Decentralized Storage on: December 12, 2018, 09:44:09 PM
Hello.
I had tried sharing my HD about a year ago, but after a month of 500GB sharing I hadn't received any rewards so I just quit.
Since I see you're actively working on Storj after a long time and your idea was a good one from the start, I'd like to get involved again.

Is there any kind of a calculator available to check my possible income from storage sharing?
1036  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ARK - Blockchains Interoperability with SmartBridge 🔹 ARK Core v2 Live 🔹 on: December 12, 2018, 09:57:04 AM
Welcome Sam!

So now your team is consisted of 23 members? You guys are growing fast!
I can imagine how proud I'll be if you end up amazon-like big in some years and I'll have been supporting you since 2017! Grin


By the way, a reminder that they have an open position for "Core / Back-End JavaScript Developer" too,
https://ark.io/jobs
1037  Economy / Service Announcements / Re: Nexybit.com- Bitcoin Futures Exchange site. 1x~50x leverage, rich volume on: December 12, 2018, 09:48:26 AM
Through your signature campaign rewards, I was able to try this "trade mining" and your airdrops. I have to say I'm positively surprised!
I'm exchanging my BTC rewards from your signature campaign to NXY, taking bonus NXY through "trade mining" and on top of that free ETH every day! That's a nice way to receive passive ETH until it finally goes PoS.

My only complain: I find your withdraw fees a bit high. Sure they don't sound expensive when you think of the today's exchange prices to fiat, but the mining fees have also dropped significantly from when you last updated your fees. Maybe you should look at those again, personally it was enough of a reason to keep me away from using your exchange in the past and it's unfair for you since you have such a good system built.
1038  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ARK - Blockchains Interoperability with SmartBridge 🔹 ARK Core v2 Live 🔹 on: December 11, 2018, 07:44:08 PM
I know mining is kinda dieing, but it'd be great if we any delegate could setup an autoexchange to ARK.
For example there is Zpool, Blazepool and Miningpoolhub which allow you to mine any profitable coin and get paid in BTC or your chosen altcoin.

Since ARK is not mineable, those pools don't support payments in ARK, they only pay people in what they mine.
But I think this would work great if done by a delegate and it'd help boost ARK's price since there'd be automatic buys from the market.

I believe that a delegate could share 75%-80% of their forging and with the rest 20% cover the transaction costs of the exchanges, the robot's cost and ofcourse keep a profit.

Thoughts?

It would be a combination of smart contracts and ACES (in a decentralized and automated way) ? I guess it's doable since many brilliant minds work for Ark, it would be just long to deploy imo

No need for smart contracts, pools do it with all other coins by just showing you the coins you've mined and their relative price to BTC (or you chosen altcoin). After the mined coins are confirmed, they send the coins to the market and when they are sold you get the BTC in for which your mined coins were sold (though ofcourse they steal you on that amount).

An ARK multi-pool would be similar, someone sets a pool which supports multiple algos and coins, they group the mined coins of multiple users together in order to reduce the fees and an they sell them in an exchange for ARK. Ofcourse this whole procedure must be automatic, but it's already working and I think the code used by zpool and the like is open source too; but not sure.
1039  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ARK - Blockchains Interoperability with SmartBridge 🔹 ARK Core v2 Live 🔹 on: December 11, 2018, 03:05:48 PM
I know mining is kinda dieing, but it'd be great if we any delegate could setup an autoexchange to ARK.
For example there is Zpool, Blazepool and Miningpoolhub which allow you to mine any profitable coin and get paid in BTC or your chosen altcoin.

Since ARK is not mineable, those pools don't support payments in ARK, they only pay people in what they mine.
But I think this would work great if done by a delegate and it'd help boost ARK's price since there'd be automatic buys from the market.

I believe that a delegate could share 75%-80% of their forging and with the rest 20% cover the transaction costs of the exchanges, the robot's cost and ofcourse keep a profit.

Thoughts?
1040  Economy / Speculation / Re: NEW BAKKT game on: December 11, 2018, 01:57:57 PM
Hm... let me see... if the price would be 7550$ then the 0.115 BTC reward would be 868.25$? I like that!

So my guess is 7550$ !


Also a note about the rules: You say we'll take into account the price on the 17th day after the launch, but Bitcoin doesn't have market hours and close-price, how will we determine the price, especially if the volatility is sky-high? Also which platform's price will we take into account? With predictions being close to each other we need to have a clear timestamp and price.

I'd suggest this site: ....

Let us also call a specific timezone, by default the above mentioned site shows your local timezone.

The rules are clear:
- the highest price from the start of the topic up to the 17th day after the BAKKT launch date at 12:00 CET (Central European Time). If all is on schedule for 24th Jan 2019 then that would be 10th Feb 2019 at 12:00 CET (11:00 UTC, AM of course).
- not the price at that exact time, but the highest price of an actual trade made from topic start until then.
- Bitstamp price

I don't know how could I missed the "12.00 CET" of the OP!  Huh
As for "the highest price" I had not understood it that way, but it's clear now. So the price goes very high in 3 days and then falls for the other 14 days of the contest, we count the highest price ever reached.

Got it! Thanks!
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