We don't see any potential alt coin recently, do you have any idea what coin should we buy?
There are few underdogs, which are not followed by many people, but apart from them currently Litecoin looks like a "safe bet".
|
|
|
You make a lot profits with blackCoin that is amazing, I saw blackCoin on Mintpal and the price just 800 satoshi years ago I regret not buy it.
Back in these days that profit was not much, because I was able to mine between $800 and $1200 worth of scrypt coins with 420MH. P.S. Btw the price of BC was 500 satoshi on Poloniex before it hit all-time high ~55k satoshi a month later. Basically 1 BTC becomes 111 in a month. The price of Bitcoin back then was about $460...
|
|
|
kiklo gave you the best advice so far. If I was you, I would invest them all in Litecoin. It's highly unlikely to lose (much) on this one, but the chance for profit is high. But you should be fast, becase of 2 things: 1. There is less than a week before the Bitcoin halvening, which may affect the price (positive or negative... who knows?) of the coin you decided to invest. 2. If Bitcoin's price goes higher after the halvening, Litecoin will follow for sure, and it can even rise in price much more than BTC. If you, for example, double your money, then I think you could sell everything, withdraw half of your "investment" (or lets say 75% of your total worth in cryptocurrency (i.e. 3000 euro))?). After that you can try doing some tradings and see if this is for you. That's just my opinion...
|
|
|
some bs....
Get a life. Any news on XCP? It's up 30% at the moment, close to its 24 hour high.
Better check their thread, website or blog (if they have one). I am not (and I never did) hold any coins, nor following its development closely.
|
|
|
What would you like to know? i would like to know the future Tomorrow (its 9:53 PM here) will be 4th of July. Part of the day will be... day, which will later become night. Am I right?
|
|
|
Even the legitimate coins are a scam. Only around 10 projects in crypto are legit and not based on groundless speculation. I only invest in projects like Loyyal that has an inbuilt business or economy that means people will use it. I don't see anyone really using coins like NEM, NXT etc in any great way....it's just the same speculators playing musical chairs.
How much did Ribbit raise in their seed round? $1.5 million? Do you know how honest I can be for $1.5 million? Come on, you are now talking about project/s, which gathered significant amount of money. My point is they have a viable business not a coin telling everyone it's going to be the new Bitcoin based on nothing at all. Fact is the Loyyalty business is a billion dollar industry and a perfect area for crypto to go in the back door. Anyway no one here is talking about moral fibre we are talking viable business, it's not an emotional thing. The government if Dubai, Unilver, and Deloittle is partnering with it so far.....what has most of the top 20 coins got but hot air blown up everyone's ass? You are the one spouting off about adoption.....well here it is. last time to buy before the moon shot next week on big news.....don't say I don't tell you. Bitcoin can't be beaten by the technology. It will be beaten/replaced when/if some other coin/asset has better adoption. Fact is that Ribbit pump started in February and continued until 11 June. Its market cap now is half of what it was. Of course I am talking about the "moral fibre". Scamming people could be called business only by some guys in here. Please let's not talk about coins, in which we are involved and let's stick to the subject of this thread. I wish you good luck with Loyyal.
|
|
|
you wish more regulation?
regulated by whom? by the market? then nothing will change. by a state-owned authority? this could be possible and things would change for the regulated coins. but what would this mean for the users?
by devs and the community? yes, but how?
Of course that I don't want regulation, but (in my own opinion), this will happen for sure. We (the common people) are free to do whatever we want, but to a certain degree. When you cross the line, you're screwed. Someone said that it is a free market, but its simply not true. Otherwise, I don't know who eventually will regulate cryptocurrencies, but there are many ways to do it.
|
|
|
Of course you can. There are numerous serial rapers around the world. As for the DAO means - I can fully agree with you. As for the theft (I must say that I am not a coder), I cannot agree, because the code (as far as I know) itself was designed in this way. The vault door is designed to prevent people to break it, so maybe I shouldn't have used the word "exploited". Yes, the "attacker/s" took some advantage, but it is the Ethereum team who should cover their mistake, not hard/soft fork or other people. Do you know why I am angry about what happened? Because of the future of the cryptocurrencies, and the "common people". So many people are working for a better future and receiving dimes, but these guys gathered hundreds of millions $, yet conceded such childish mistake. If I was one of their main "investors", I should be taking them to court already. And I will win. I meant that when something is already f*cked it cannot be more f*cked As to the theft. Most of codified laws define theft as taking away someones possessions without their explicit consent. There are minor exceptions and definitions are usually far more complex. Failing to secure possessions is not an extenuation for the culprit. In my example the door could have been made of paper - it changes nothing. The Ethereum team is responsible for negligence but this is another story. As far as my legal background enables me to assess this situation, most civilized world courts will follow my line of reasoning. The story with justification of this crime was invented by someone moderately bright (I have my picks) on assumption that people are mostly legally illiterate. It worked. I understand your anger. This corrupted crypto world disgusts me too. However, as it's not much different from the material world, I can only try to make it better and saner. "The premise of smart contracts is that they are their own arbiters and that nothing outside the code can “change the rules” of the transaction." - this is a quote from CoinDesk article. I'll compare it with the 51% attack on Bitcoin. It's bad, but it's how it works. That is why I think that the attacker did nothing illegal and the Ethereum Foundation is responsible. Keep in mind that I am not defending the "attacker", nor I have something against Ethereum or TheDAO. I simply do not care for both sides because of my own reasons. Anyway, I would also like to think that I am one of the few who are working for the better crypto-world. Keep doing that.
|
|
|
I think that the title should be changed to: "Fork hard and f*ck what the first letter of the DAO abbreviation means". And in my opinion, there wasn't a theft. The guy/s just exploited the "system", which had 100s of millions reasons to prevent this to happen. Warnings were raised about a year ago, like you stated in your article, but few people listened. I have personally posted a thread a week before the "attack". You cannot f*ck something twice. This "D" letter, as well as remaining two, were just marketing catches. Never had any consistent meaning in terms of a structure they described. I wrote about it on daohub also long before anything really happened. As to the theft - it was exactly a theft. If I rob the vault guarded by strong door with complex mechanism by exploiting it's vulnerabilities it will be theft. And I assure you that every court on this planet will put me in jail. The same applies to guys who performed this theDAO exploitation. No silly explanations can cover this simple fact. And I can bet that most courts will follow my reasoning. As to warnings - I'm aware of them (LeastAuthority for example). No one listened to Sirer, Vlad, others and me. No one seemed concerned about the alleged "audit" by DejaVu, which I assume was a smokescreen. But this is exactly how the mob works. Of course you can. There are numerous serial rapers around the world. As for the DAO means - I can fully agree with you. As for the theft (I must say that I am not a coder), I cannot agree, because the code (as far as I know) itself was designed in this way. The vault door is designed to prevent people to break it, so maybe I shouldn't have used the word "exploited". Yes, the "attacker/s" took some advantage, but it is the Ethereum team who should cover their mistake, not hard/soft fork or other people. Do you know why I am angry about what happened? Because of the future of the cryptocurrencies, and the "common people". So many people are working for a better future and receiving dimes, but these guys gathered hundreds of millions $, yet conceded such childish mistake. If I was one of their main "investors", I should be taking them to court already. And I will win.
|
|
|
Even the legitimate coins are a scam. Only around 10 projects in crypto are legit and not based on groundless speculation. I only invest in projects like Loyyal that has an inbuilt business or economy that means people will use it. I don't see anyone really using coins like NEM, NXT etc in any great way....it's just the same speculators playing musical chairs.
How much did Ribbit raise in their seed round? $1.5 million? Do you know how honest I can be for $1.5 million? Come on, you are now talking about project/s, which gathered significant amount of money.
|
|
|
.....
Dude, you really need some vacation. As for the "attacks" scenario - I do not care. I am born and raised in Bulgaria were we are fucked on a daily basis by the EU, our government, minorities and pretty much the whole world. I've been in so many fights in my life, that they probably could cover the activity of a Hero Account in here, and I am using my real identity everywhere. Do you know why? Because I don't have reasons to be scared. We have more important things in our real/crypto lives.
|
|
|
That would be Fedora. I've lost 137 LTC in a buy wall in like 5 seconds when it was listed on Cryptsy. I should add that I accumulated around 3 billion coins (it was extremely easy to mine, I mined like 100-150 million coins/day with only 2.7 MH), most of it sold @ 1-3 litoshi. Can't exactly remember, but my last 450 million I sold @ 25-30 litoshi. And I had a chance to sell @ 160-170. What if I had these coins when TIPS market cap hit $12 million, or even now? P.S. BlackCoin is a honorable mention, though it is not the subject of the thread. I made around $4,500 profit in 3-4 days, but I've lost roughly $130,000 potential profit after 2 weeks, because I sold it before the real pump.
|
|
|
like i said, i agree that a few altcoins are scams, but we will never know. example? sorry, but to me the main point is profit and always will be. it's money my friend.
1. You are now challenging me to come up with a name/s. There it is: https://twitter.com/FAILCommunity/status/749611930084597760This is one of the so called obvious scams. Do you want another example. Here it is. Both of these are one of the reasons I started this thread. 2. There are people starving or receiving low salaries (for example) in various places around our planet, and handful of people are making money from this. Are you okay with that?
|
|
|
Raping woman is a crime. Manipulating the shitcoinmarket is not a crime.
Of course it is a crime and there are some laws for it already. Why do you think I asked this question: we can. but "we" won't. just because of the money.
noobs got scammed. thats why they have to scam an new noob.
the question is: how the leave this circle?
I will answer with a question: Take a good guess what may happen if this circle continues? ... because my opinion is that cryptocurrencies will eventually become regulated, but one question remains: To what degree? To put all this together: These actions are f*cking the future of cryptocurrencies.
|
|
|
Some people make money and other people learning lessons for their life. Its already a win-win situation That's like saying: "A guy raped a woman, who didn't make sex for 5 years. A "win-win" situation."
|
|
|
Do I smell a takeover? ? Why? To make some "improvements", dump to other guys and disappear again? Takeovers should be done by people who really believe that the idea of the coin is good and it could actually work, not by people who want to create an exit point and dump to others.
|
|
|
Seriously, your advice is "dont be scammed", am i right? oh, thank you mr. obvious.
That isn't advice (and the main reason I started this topic). Would you buy F*ckCryptoCoin (for example) for a reason other than profit? It's obvious (even to me, the Mr. Obvious) it will die in a matter of time, don't you think? EDIT: Guys, I started this thread mainly, because of the obvious s*itcoins. There are many people who trade them for profit. There are also many people paid with Bitcoin who promote them and they don't care how the coin "looks", they just want to be paid.
|
|
|
I think that the title should be changed to: "Fork hard and f*ck what the first letter of the DAO abbreviation means". And in my opinion, there wasn't a theft. The guy/s just exploited the "system", which had 100s of millions reasons to prevent this to happen. Warnings were raised about a year ago, like you stated in your article, but few people listened. I have personally posted a thread a week before the "attack".
|
|
|
This has been going on since 2013 when the number of alts exploded from five to gazillions.
People have been issuing warnings for the last three years - but at the end of the day, it is up to individuals to ensure they arn't scammed. Just a quick search of this forum should give them enough warnings and intel about every single scam going and how to avoid them - but they won't listen.
Now things are a bit better. Scams and launches of coins are less, but people still trade them for profit. Example: 1. JustAnotherCoin says: The current price of our coin is 50 satoshi. We are going to pump it to 500 (and you somehow know it will happen). 2. You buy at 60. 3. You sell at 360 (for example). Or you "invest" in some coin, which is obvious scam and it promises "news" in 7 days. People buy them, traders too. Why don't we stop give them attention and move along? Everybody needs money to live, but that's not the most important thing in here. Cryptocurrencies should be helpful to entire humanity, not just a handful of people. And we must help this to happen.
|
|
|
Whut, you mean you're not behind New Piggycoin and Pinkcoin? What is your point here? So you're saying I shouldn't buy Dash?? But I like the coin, I really do.
Dash is something else. It had unfair start, but it's still here and will probably stay.
|
|
|
|