|
321
|
Alternate cryptocurrencies / Altcoin Discussion / Re: Anyone out there completely control all of a coin?
|
on: June 19, 2015, 04:29:07 AM
|
Is there a coin out there that 1 person has sole ownership or majority ownership?
I would like them to be the bank for my website.
PM me.
Here's two for you: www.ripplelabs.com - owns over 80% of the coins (Larsen, Britto and Ripple Labs) www.federalreserve.gov (owns 100%! They can print as many as you like and take the coins they've let others use back too) oh man this was the best response possible... i'm not even going to try to beat this. hats off to you sir. "Ripple" (counting everything) owns more than 90%. The Federal Reserve doesn't have that much and would salivate just to own 10% of the US dollar. While yes the Federal Reserve can print, loan out and cause all sorts of destruction - there's limits both internal and externally placed upon them. Not so much the case for Ripple, Chris Larsen is pretty much a Stalinist Führer with complete control over the Ripple protocol. |
|
|
|
|
322
|
Alternate cryptocurrencies / Altcoin Discussion / Re: Why is "bagholding" seen as a negative thing?
|
on: June 19, 2015, 04:19:23 AM
|
I'm skeptical of OP's claim considering, with the exception of pump and dump, the market has been bear since February 2014. That means a lot of people have been bagholding coins for 1.5 years and sometimes even longer (some alternates did come out in 2012-2013). The people who bought NXT / Bitshares at $80+ million capitalization have had unrealized losses and been bagholding for a long time. In fact, it's genuinely rare to find a crypto that is worth more today than what its' past peaks (Litecoin and Ripple are more good examples). So unless OP is circle jerking about Bitcoin in 2010 (notice this section is called Alternate Discussion) I don't believe him. I'm sure he will go invent some story or scrounge around on coinmarketcap for a story of some alternate that fits his claim.  So how long do you have to justify waiting with the slim hope that you break even or see unrealized gains? It's going to be 2 years soon for a lot of bagholders. Do you have to wait 10 or 20 years? "It's not a realized loss if you don't sell" I suppose but I wouldn't sleep easy either. Lettuce beef cereal - only people who have been making money in cryptos have been developers, instaminers, IPO scammers and those who got in early into stuff like NXT and NEM. |
|
|
|
|
324
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NODE Revolution: "Money is a means of payment, not speculation" (с)
|
on: June 18, 2015, 09:10:43 PM
|
No news, no reaction, no plan - what´s up here? Koops location is stated as " Bahamas" in his profile (if it s a joke,it s not funny! And if it s true ... it would be so sad!). And silk wanna go in holiday (!? WTF??) You really want to keep silence till august and than - boom - come up with a bank? Can´t believe anymore   edit: total buy orders at bter and alcurex are just about 1,5btc. This coin is dying. This was a clear scam from beginning. I have repeated that numerous times, but still those fools dont believe it. Theres a difference between a scam and sheer incompetence. Usually scams don't give out loads of coins for free. Yeah they could had gone Crypti mode. Collecting $200K in a sham IPO buys a lot of goats and prozzies. |
|
|
|
|
325
|
Alternate cryptocurrencies / Altcoin Discussion / Re: High-risk, high-reward: Dogecoin and Bitcoin
|
on: June 18, 2015, 09:04:27 PM
|
Ofcourse it is more likely for a coin with a lowish market cap to gain 50x value than for something with a 4 billion marketcap to gain the same 50x value... Not really a very interesting discussion...
I beg to differ. Doge was always the most publicized alternate, even more publicized than Litecoin, and it failed harder than BTC in the acquisition of new users. In many ways Doge was also reaching people who had also never heard of Bitcoin either. One of my acquittance is the man who is often regarded as creating the first Doge ATM, in the whole world, and he had to shut it down (lack of sales) but meanwhile he has since had probably dozens of successful BTC machines. Reality is Doge creates a lot of noise, has a lot of 'tards and kids following it on Reddit, it got its' 5 minutes of fame in the media (Olympics, Nascar, a lot of coverage on TV news) and a lot of publicity but when it came to the mass public it performed worse than BTC in attracting users. If people are skeptical about BTC, when they had learned about Doge they literally saw it as some Pokemon / Cabbage Patch kid thing and were less interested in that. Doge, admittedly, could had been more successful if they had followed up and made cartoons or products for it aimed at preteens with parent's credit cards but decentralized communities are chaotic and many of the Doge early adopters were more interested in cashing out than working on the capitalization (see the infamous god PDF) IMHO - if any alternate had as much publicity as Doge did, heck even LTC, they would be giving BTC a run for their money. The fact is, that dogecoin has the most active community than all altcoins combined. If that was the basis for success then Monero would already be a $Trillion in capitalization, the monerorons are spamming this forum like everyday. "Fact is" is the only coins that ever had real world publicity was Bitcoin and Dogecoin and both sucked, Bitcoin 100,000 users over 6 years (according to FRB) and Doge couldn't even keep ATMs running (despite it having a monopoly on being the "only other alternate that people on mainstreet knew about"). |
|
|
|
|
326
|
Alternate cryptocurrencies / Altcoin Discussion / Re: High-risk, high-reward: Dogecoin and Bitcoin
|
on: June 18, 2015, 07:57:49 PM
|
Ofcourse it is more likely for a coin with a lowish market cap to gain 50x value than for something with a 4 billion marketcap to gain the same 50x value... Not really a very interesting discussion...
I beg to differ. Doge was always the most publicized alternate, even more publicized than Litecoin, and it failed harder than BTC in the acquisition of new users. In many ways Doge was also reaching people who had also never heard of Bitcoin either. One of my acquittance is the man who is often regarded as creating the first Doge ATM, in the whole world, and he had to shut it down (lack of sales) but meanwhile he has since had probably dozens of successful BTC machines. Reality is Doge creates a lot of noise, has a lot of 'tards and kids following it on Reddit, it got its' 5 minutes of fame in the media (Olympics, Nascar, a lot of coverage on TV news) and a lot of publicity but when it came to the mass public it performed worse than BTC in attracting users. If people are skeptical about BTC, when they had learned about Doge they literally saw it as some Pokemon / Cabbage Patch kid thing and were less interested in that. Doge, admittedly, could had been more successful if they had followed up and made cartoons or products for it aimed at preteens with parent's credit cards but decentralized communities are chaotic and many of the Doge early adopters were more interested in cashing out than working on the capitalization (see the infamous god PDF) IMHO - if any alternate had as much publicity as Doge did, heck even LTC, they would be giving BTC a run for their money. |
|
|
|
|
329
|
Alternate cryptocurrencies / Altcoin Discussion / Can someone aware me on this Bitshares 2.0? Holders = losing money?
|
on: June 17, 2015, 11:45:39 PM
|
|
Can someone more informed aware us on this development? Is it true that anyone who bought Bitshares is going to be losing money from this transition?
Remember when a lot of people bought Bitshares PTS (precursor) and were screwed over during the transition to Bitshares? Now they're pulling the same trick again? Who is buying anything from these Larimer types? They're scammers ever since the PTS fiasco. More like Lieimers.
|
|
|
|
|
330
|
Alternate cryptocurrencies / Altcoin Discussion / Re: "Bitcoin surges as Grexit worries mount, posts best run in 18 months"
|
on: June 17, 2015, 12:36:13 PM
|
Another common theory is China is ending leveraged stock trading, so instead people will be doing leveraged crypto trading.  The thing about Cyprus then and Greece now is no one in that region is actually buying BTC - they're not exactly the most technological people and there isn't that many of them and they definitely didn't pile on BTC in the last days. It's all speculators speculating on news that's happening in an area of the world they've never been to or only briefly whilst on vacation. |
|
|
|
|
331
|
Alternate cryptocurrencies / Altcoin Discussion / International Socialist Crypto Union
|
on: June 17, 2015, 12:04:54 PM
|
|
There is a networking website called Corona Dapp which a lot of alternates joined, but it was pretty vague as to what it was meant to be or what purpose it served.
Maybe we should have an International Socialist Crypto Union (ISCU) website for networking? Pretty much any project committed to the advancement of people, human rights, workplace relations, gender recognition, race relations and equality of opportunity should be free to join.
I think Bitshares and Redd coin would be among the first members. I think it would be good if there was a common front with networking with advocacy groups, left wing think tanks, intellectuals and political parties.
|
|
|
|
|
336
|
Alternate cryptocurrencies / Altcoin Discussion / Re: NEM's unfair distribution and failure
|
on: June 17, 2015, 07:32:02 AM
|
NEM was doomed at the begin when UtopianFuture was discovered own lots of sock puppet. And it's hardly success. When i recieved my stake token, i sell it as soon as possible. And i keep away from it.
Proof? Evidence? Do you have it? Shifting the burden of proof (negative claim) is a logical fallacy and not valid under dialetics used by the professional world. If you stormed into a courtroom and said someone was a murderer, and you had no proof and claim it's the defendent's responsibility to prove his own innocence, the Judge would laugh you out the room. It's been a year and I have yet to see anyone, in the meantime, produce a list of "lots of sockpuppets" that allegedly belong to UtopianFuture. All we know is Ghosthouse. Waiting to see anyone, only been waiting a year, to produce a list of names and evidence to go along with. If you really want to kill NEM then there is your chance. Most of the team is around is due to faith that the distribution was not (fatally) compromised. If you can submit evidence of say UF owning 100 socks, and names and good reasons why you think it is UF, many would leave tomorrow. Seems like it's just baseless FUD started by NXTers who saw their baby at risk. Need I point out NXTers also regularly attack Bitshares and other coins. NXT = 4chan of crypto. Bunch of childish losers who troll at everything and try to suck up to their millionaire whales, thinking they'll get money from them, but I can guarantee that most have received nothing and never will. |
|
|
|
|
337
|
Alternate cryptocurrencies / Altcoin Discussion / Re: Neucoin ?
|
on: June 16, 2015, 07:13:29 AM
|
Shitcoin will dump on you. Early investors got in at 80% discount prices and coin has 100% inflation in a year. Stay out, it's dumping on you.
Not just for a year but 100% on subsequent years too. If the angel investors are legit, can you really imagine all these VPs, Presidents, Film Production types to be staking coins in their pajamas to keep up with this massive inflation? No, they have board meetings to attend, conferences to attend, calls to make, planes to catch, they're not going to be checking to see if the NeuCoin wallet is running and that it is staking. Either they are given exemptions to the rules (their NeuCoins are not subjected to the inflation / they're given free coins by the system) or they're intending to dump out in the first year. |
|
|
|
|
339
|
Alternate cryptocurrencies / Altcoin Discussion / Re: a Modern Reification of Proof-of-Stake which is Secure, Fair and Decentralized
|
on: June 15, 2015, 09:41:26 PM
|
Instead of contributing to an existing project, which fits those requirements, OP would rather just create some new coin and give himself a hefty 50% premine - we see this like almost everyday on Bitcointalk. BTW the white paper does not go into any detail why this thing would be more decentralized than other PoS algos. All I am seeing is a vague proposition for a new style of distribution but that does not mean it would be more decentralized than prominent PoS and PoS variant projects. |
|
|
|
|
340
|
Alternate cryptocurrencies / Altcoin Discussion / Re: Primecoin Rise
|
on: June 14, 2015, 11:47:35 AM
|
Primecoin rise looks as a big pump and dump action for me. Very likely, we will see a big dump in the next days.
Today it's had a $342,952 volume and a 7% increase in price. The other day it had over half a million dollars volume and only went slightly double it's starting price for the day. During the last month it's only up 4x after all the money thrown at it. There are other altcoins that got pumped 100x over the last week. It's strange that Primecoin hasn't gone higher. Either the bagholders are dumping hard or low / no-fee trading means somebody is just sending coins to themselves, without care for the price. |
|
|
|
|
Show Posts
