Latest posts of: MDIPANJAN

That'd be a very risky move i would say. Don't do that please.
This market is still very volatile and you can loose all your savings
so invest what you can afford to loose.

Quote from: ferall on June 15, 2018, 11:52:56 PM

Something very fishy Roll Eyes

Buy bitcoin people, not masternodes

You should have looked at their website, people are greedy and falling into the
traps of this kind of scams.

Quote from: jeffbitcoin2018 on July 17, 2018, 01:54:09 AM

I like POW because they pass many years that there project are always on the line each ICOs Sale always successfully sold out with in on few months only!! Thats would i like POW!!

What about environment degradation? There were reports regarding usage of fossil fuels
to generate cheap electricity for btc mining.
Which itself is an alarming news and this kind of negative effects will eventually make
people believe that it's not worth it.
you might wanna read up this reporting how miners are causing serious threat for mother nature.

https://www.independent.co.uk/news/business/news/bitcoin-energy-use-coal-power-cryptocurrency-generation-server-farms-dirty-secret-china-mongolia-a8111666.html

Quote from: cryptocoinshunter007 on July 16, 2018, 10:40:24 PM

Both have their own characteristics. But i think PoS is better than POW. Because i know some of my friend who connects with Pos and they told me this site is good.

Yeah both are good on their own way but POW needs a huge amount of electricity
and the craze making people use more electricity which is being wasted,that's the reason
i don't like this system over POS.

Quote from: RAinery on July 13, 2018, 12:59:13 PM

If your country has really banned transactions bitcoin. I think you can exchange bitcoins in other ways. Namely by exchanging it with other currency or by paypal and transfer it to your account.

Actually Crypto isn't banned in India.RBI has made circular to banks that they won't entertain crypto exchanges.
But the Indian exchanges are launching p2p exchanges and there's nothing to worry about.

I've been in a scam project and luckily i didn't lost any money on that project as i didn't invested anything
but many people who invested in that project lost their money. I only participated their airdrop campaign and
i just lost some of my precious time upon that project.

Quote from: bashgnu on July 12, 2018, 11:26:15 AM

Does this kucoin registration qualified me for3 an airdrop.

This is not mandatory though it'll help us to get listed.
So everyone's active participation is much appreciated.

I prefer to trade on my personal laptop when I'm at home but when I'm outside I use my mobile phone which isn't a prescribed method though.

Diversification of your investment is always a good choice because you never gonna know which one is gonna fail and which one is gonna win.
As an example: you are holding two tokens and one of them is is currently is in 20%loss but the other one is 50% up, then your investment isn't completely lost you are in a win win condition.
Always diversify your portfolio, and you never won't regret that.

Quote from: Bobwallet93 on July 10, 2018, 06:48:35 PM

Hi toorcoin!
Thanks for the tokens i recieved them today!
Im joining 5he toor hodl gang for sure, hope your project succeeds!! Greeting

I'm pretty sure you're not gonna regret for a moment for holding Toorcoin,We're going to see
much more development in this proect and we'll have to more bounty campaigns.
SO HODL!!

Quote from: Lambo14 on July 08, 2018, 12:23:14 PM

POS is better dont need to spend any money for Mining-RIG

Exactly those mining rigs are pretty expensive and nearly impossible for the people starting for the first time.

Quote from: Sebas.tian on July 03, 2018, 02:26:02 AM

PoS is more energy consuming and is not the best option if we are talking about the limited resources that we have. That being said, PoW has more integrity compared to PoS, and for some reason, I value that more. Good thing though that technology is always evolving so there will come a time that we would create more powerful GPUs and mining will be more efficient.

You said POS more energy consuming but sorry i didn't get your point.How POw is more efficient over Pos?

I think we can't predict this now all are saying these things are purely speculation

I really support this project from the very begining and have high hopes for this project.
But you guys need more consistent news and interaction with the community to involve
the community members more. I've joined in the bounty campaigns and waiting for the
verification to be finished.

Quote from: Alpha0One1 on July 03, 2018, 09:21:02 AM

I prefer PoS as it doesn't require a specialized hardware to stake your coins.
The only PoW coin that I like are CPU mineable coins - I'm currently mining Nimiq with a CPU since day one. Hopefully it will have good value in the future.

Yeah. but there are not many CPU mineable coins are available thhough.

Thank you all for sharing your thoughts regarding these systems.

Quote from: Gogochen on July 02, 2018, 02:54:46 AM

I prefer the POS mechanism because it is more environmentally friendly.
The POW mechanism requires a large amount of power resources to excavate and may face 51% attacks.

The environment friendly is one of the most important point i guess, They're just using hell lot of a electricity
and producing a hell lot of heat which itself is a red flag.

Quote from: makishart on July 02, 2018, 02:49:22 AM

Quote from: MDIPANJAN on July 01, 2018, 06:54:24 AM

This market now has both POS and POW based projects,and both of them have their own unique characteristics.

POS(Low energy consumption negligible to that of proof of work)
POW(Generation of blocks using computing power)

-Now, as a investor which one is your first choice and why?

-Which one is gonna be the winner in the long run?(I'm bullish on POS though).

I will choose POS because it's more conservative than POW and remember there is a lot of way to make it even more decentralized soon. Remember there will be inflation if you are seeing about so many miners are dumping it anytime. POS has fixed supply and that's really fair in my opinion.

I couldn't be more agreeable with what you've said.And i think when there are few pools are generating most of the coins by POW
it hurts the idea of decentralization,those few pools are (https://bitcoinchain.com/pools) controlling the market which very much seems
like a centralized structure to me.

Quote from: ElliottHe on July 02, 2018, 02:49:00 AM

PoS definitely for me, as I don't have the powerful workers like ASCI. Also it looks like PoS now attracts more and more research.

Yeah. I do like POS system as the hardware used for Pow mining is quite expensive.
I read that Ethereum devs are considering to start a POW & POS hybrid mechanism.

You might wanna read this article :

https://cointelegraph.com/news/ethereum-devs-publish-upgrade-proposal-to-move-network-away-from-mining-related-issues