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101  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POW] [MSR] Masari - private, untraceable, and fungible cryptocurrency on: February 08, 2018, 10:04:07 AM
Hello, questions for our dear dev:
A. Is there some plan to trade MSR on another trading platform?
B. Is there some plan to put MSR in Whattomine.com?
Thanks
Dalimil

I second this.  If the sole dev is happy with the current situation, the coin is unlikely to gain more exposure and trading volume.

In order to get that exposure though, perhaps more people should join the team and help the dev out?
102  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DERO: Privacy + Smart Contracts + Lightning Fast Transactions on: February 08, 2018, 01:51:02 AM
I think we should be told of the devs plans.  Is there a plan to add this to more exchanges, or not?  If not, we should know, because then the likelihood of this coin getting more exposure, and more volume, is much less  Cry
103  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] GRAFT - Universal Payment Processing Network on: February 08, 2018, 12:17:33 AM
I'm prepared to be wrong about (1) the name, and (2) the security of the fast supernode approvals, but what about:

(3) rolling out a point-of-sale system and having merchants sign up to it;

(4) the regulatory issues?

[see my earlier post for more detailed explanation]
104  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] GRAFT - Universal Payment Processing Network on: February 07, 2018, 02:17:05 PM
Probably that was the easiest of my four questions to answer  Wink
105  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] GRAFT - Universal Payment Processing Network on: February 07, 2018, 09:43:37 AM
I like the ideas behind this project, and the efforts that have gone into it by the founders, and their credentials too (if you look at the team page and google their names).  However, I have the following doubts:

(1)  The name GRAFT is terrible, because in the US this is a colloquial term referring to insider embezzlement or corruption.  A glance at Merriam Webster will reveal this, or a search of headlines with the term 'graft' in the New York Times - the vast majority of the articles that come up have to do with corruption.  It strikes me that the founders of this coin are not native American English speakers (the term does not have this meaning in British English, where it means 'hard work', the opposite) and simply did not know this.  But for wide acceptance, there is no denying that the name is a major blunder.

(2)  The supernode system for fast approval of payments sounds like a good solution (and a solution is certainly needed) but how is it protected from hacking and defrauding?  Payments are approved outside the blockchain, which is the only mechanism guaranteed to be fraud-proof (the whole point of its existence).  So how is payment security outside the blockchain going to be implemented?  There is no information about this that I can find in the white paper or on the website.

(3)  I don't understand the business model going forward for point-of-sale.  Either the idea is (a) to partner with existing POS providers, such as Visa and Mastercard, or (b) create a new POS network.  Option (a) is a non-starter; existing providers will not partner with Graft for obvious reasons.  First of all, the whole idea of the coin is to subvert the existing system, and existing providers will obviously regard it as a direct threat to their existence.  Second, there is the whole privacy and untraceability aspect; while we as consumers may like and want this, existing POS providers will not accept a payments system where they can garner no information about payee identities, amounts, track payments, etc.  Apart from security and money laundering issues, it goes counter to the whole direction of their business model, which is to track users and predict their spending habits, etc.  This leaves (b), which means founding a whole new POS network, with new hardware, and getting businesses to accept this.  This requires a MAJOR investment and planning, and is a HUGE undertaking.  Is there any evidence that the Graft team is prepared for this, and/or is capable of it?  Apart from requiring huge investment up front in terms of the network hardware, it also requires getting merchants to sign on the dotted line, and the only way to do this (initially) would be to offer them the terminals for free, which implies even more investment.  How much is this all going to cost?  What is the plan?  Is there even a chance that any merchants would sign up?

(4) Even if (3) can be surmounted, there is the regulatory issue.  Given that merchants would need to sign up to this, how can Graft be guaranteed to be consistent with local regulations in the areas in which it is proposed to operate?  Especially given the money laundering issues having to do with choosing a blockchain whose major feature is obfuscation of transactions and fungibility?  I can see major problems here.

Until there is some sort of answer from the team on all of the above points, I won't be investing in this.
106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DERO: Privacy + Smart Contracts + Lightning Fast Transactions on: February 06, 2018, 11:21:54 PM
LMAO Someone filled most of the buy orders?  Cheesy Down to 2100 sat on the buy side. Sell side is at 6700 sat.  Shocked

Someone dumped their holdings. It happens (idk why they did it all at once though)

The volumes are extremely low, hardly counts as dumping.  With coins with extremely low volumes like these, I am not really sure how meaningful the quoted prices are for future prices if/when volumes increase.
107  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POW] [MSR] Masari - private, untraceable, and fungible cryptocurrency on: February 06, 2018, 11:18:37 AM
Ethereum has done very well when charted against bitcoin.
108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POW] [MSR] Masari - private, untraceable, and fungible cryptocurrency on: February 05, 2018, 01:18:21 PM
Higer profile? I sold all my Fonero at 900 SAT after knowing that they just copied the code from Masari. And now they are trading at about 500 SAT, half the price of Masari now. Though, I agree that Masari community should be active more. I knew Fonero before Masari. They are too quiet in my opinion.

I think I wrote that when the Fonero price was higher and the Masari lower ;-)  Still, good point. I knew about the copyright issue but didn't realise it affected the price that much.  I also assumed it affected other coins.

I am mining Masari for the long term, but also considering Dero and Iridium.  I also own a little Monero, and will probably increase my stake in that also.  I think the cryptonote protocol has great promise mainly because of how it combines rock-solid privacy with openness.    I'm just figuring out which are the best forks to mine for the long term (1-2 years).   It seems to me a hedge of Monero, Masari, Iridium and Dero is the best bet.

Yes, Masari is too quiet.  But that is because it relies on a sole developer, which is risky in my opinion.  Iridium had the same issue, and the original developer bowed out (with not a little controversy around the issue of what happened to the dev fund), but now there's more of a community behind it.  Masari needs a community too, and more people involved.  Especially on the promoting/marketing side, because I don't think the dev thinks too much about that (nor should s/he, if his/her interest is primarily in development).
109  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POW] [MSR] Masari - private, untraceable, and fungible cryptocurrency on: February 03, 2018, 01:35:55 AM
Can anyone explain the technical differences between Fonero and Masari?  As Monero forks they seem to be at roughly the same level of development, but Fonero has a higher profile in the community.  Is there any reason for preferring one over the other?

Also, is there any argument for pushing Masari to be added to the mining pool hashvault.pro?  That pool seems to have the mission of including many Monero forks, even obscure ones like eDollar which has no exchange listing at all.  Would it help to raise the profile of Masari to be on there as well?
110  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Airdrop] - Electronic Dollar on: January 23, 2018, 10:48:00 AM
To me this seems like a BS coin.

I became interested in it because I thought it would be exciting to mine a ton of a new unlisted cryptonight coin with a low difficulty and wait 6 months or a year.

But after looking into it I am less than impressed.  The web page makes a very ambitious claim up front: "The digital currency of the future for every human" but there is literally nothing to back up this claim.  There is nothing to distinguish this coin from other cryptonight coins, although the authors claim otherwise, but with no references to anything substantial.  They couldn't even be bothered to write a white paper - they simply provide a link to the cryptonote white paper.

Sorry guys, but this just looks like a bunch of guys who got together and figured they could make some money forking monero with minimal effort, premining 2% for themselves, and "generously" airdropping another 2% to gain attention.  Get listed, pump and dump, then bye-buy all you suckers.

Yeah, and as others pointed out, the name is BS too.  You can't even google it, because google thinks you are searching for "dollar" and you get tons of irrelevant hits.  You have to put "edollar" in quotes  Roll Eyes
you can search it by electronic dollar
and I dont get you guys if you dont like something... why waste your time writing a big message shiting on some coin why not just look if you dont like it simply move on to next one


Ummmm... don't like criticism much?

Debate, discussion, anyone?

If this is a BS coin, which I think it is, I am performing a service here.  This thread is of no use to anyone if it doesn't try to be critical and generate debate.  This brave new world is full of BS artists.  You don't want to figure that out?  Bury your head in the sand instead?
111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Airdrop] - Electronic Dollar on: January 23, 2018, 10:37:04 AM
To me this seems like a BS coin.

I became interested in it because I thought it would be exciting to mine a ton of a new unlisted cryptonight coin with a low difficulty and wait 6 months or a year.

But after looking into it I am less than impressed.  The web page makes a very ambitious claim up front: "The digital currency of the future for every human" but there is literally nothing to back up this claim.  There is nothing to distinguish this coin from other cryptonight coins, although the authors claim otherwise, but with no references to anything substantial.  They couldn't even be bothered to write a white paper - they simply provide a link to the cryptonote white paper.

Sorry guys, but this just looks like a bunch of guys who got together and figured they could make some money forking monero with minimal effort, premining 2% for themselves, and "generously" airdropping another 2% to gain attention.  Get listed, pump and dump, then bye-buy all you suckers.

Yeah, and as others pointed out, the name is BS too.  You can't even google it, because google thinks you are searching for "dollar" and you get tons of irrelevant hits.  You have to put "edollar" in quotes  Roll Eyes

And guys, do realise there are already TWO coins with the symbol EDC?  And when you google search "EDC cryptocurrency", it isn't the Edollar that comes up, but these other two coins (e-Dinar and the EducoinV)?   That shows you just how much research effort the founders of this coin put into it before releasing it!!

Due diligence, people.
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