761
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption extended[Updates&Discussion]
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on: December 17, 2014, 07:47:46 PM
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These nem puns are catching on lol starting to look like a more understandable dogecoin thread Very PUNishing indeed... But better limit them somewhat or it will quickly reach the point of diNEMishing returns The only solution is a Crypto NEMolution. You are everything I didn't think I wanted in a NEM. You should see the NEM | MEN branding I have prepared. Fast cars, big tits, guns, explosions, weight lifting.. every thing a NEM likes unless he's a lil' Nxtty! For NEM to succeed we have to NEMetrate every male hobby enthusiast community from bodybuilders to automobile guys. Also think of the merchandise implications. NEM gymbags. NEM creatine. NEM protein powder. NEM condoms.
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762
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Economy / Speculation / Re: What is causing the current downward trend?
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on: December 17, 2014, 06:48:13 PM
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a common thing i come across is people saying "i'll buy even as the coins are going down." i wonder if they are just saying that and not doing it, because there seems to be a shitload of people who say that. if you're buying coins without any pre-planning, you're making the whales richer.
I see it all the time in alternate coins. People make a run buy post saying they'll buy out the whole sell wall and it never happens. It's like yelling fire in a crowded movie theater.
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763
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Alternate cryptocurrencies / Altcoin Discussion / Re: Accumulating
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on: December 17, 2014, 06:45:05 PM
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You know what i can't wait to see ? All these crying people storming out of Ripple when Ripplelabs will try to sell another 10% of their coins to finance their development.
This will take place soon lol. Naturally It's going to happen. Ripple Labs + Developers still own well over 90% of the total supply. There's either going to be dumping from the company or dumping from the employees when the lockout agreements end. All you need to do to cause a panic, crash and burn in most coins is dump 1%-5% of the supply overnight and that happen anyday with Ripple.
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764
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Economy / Speculation / Re: What is causing the current downward trend?
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on: December 17, 2014, 06:36:29 PM
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What is causing the current downward trend? I have been watching the price of BTC pretty regularly for the last 2 months. More specifically when it was stalled at $380 for a couple weeks and making no significant movement. Then 2 weeks ago we saw the first actual movement in awhile, losing $30 and going down to $350. Over the last week or so we have all watched it go downward to $330 yesterday, and at the time of this writing it is at $317 today. Could someone help me understand what is causing this decline? If anything, with Microsoft and Time now accepting BTC, I would of expected the price to increase some. And I remember when the news that Microsoft was accepting came out, the price went up $10, but obviously has since come back down.
What is causing such a rapid drop? It’s a large question, but what are the big factors and variable?
Here is your answer: http://altcoinpress.com/2014/12/why-the-bitcoin-markets-didnt-rally-on-the-microsoft-news/More merchant acceptance = Bitcoin liquidated into $Fiat within 5 minutes. This is more dumping on top of the $2 million that the miners are dumping everyday to pay for their electrical and computer hardware. No new Bitcoin users coming in as far as I can tell, at least not enough to reverse the dumping. $1.4 billion into the ecosystem and yet not one dollar is going towards public relations or any initiatives for user adoption that would be a game changer. Clearly too much decentralization (headless chicken syndrome) is preventing any organized fronts and rallies. The irony here is we already have people who own 1%+ of Bitcoin who would benefit if they dug into their own pockets and funded advertising or hired a PR firm but they aren't interested in doing so because to them Bitcoin is 1 out of a 1000 different investments in their big portfolio or they have so many Bitcoins that the price to them is immaterial (as long as it is above $100).
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765
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin has lost its luster - no boost from Russia crisis (compared to Cyprus)
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on: December 17, 2014, 06:29:39 PM
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There was no boost from Cyprus. There was almost nobody buying BTC in Cyprus. Why would Russia be any different?
Russia is a country with a great inequality of wealth. You really think a Russian billionaire is interested in this "magic internet money"? No they'ld rather spend their billions on buying football teams, luxury cars and mansions in Britain, Florida and California. The rest of Russian people are too poor (typical household is two working adults making under $10,000 a year and most of this money goes to food / rent) to make a dent in Bitcoin.
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766
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Alternate cryptocurrencies / Altcoin Discussion / Re: Why is Ripple price going mad right now?
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on: December 16, 2014, 03:09:59 AM
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Another Aurora coin. The "available supply" is deceiving as it actually isn't available, that amount is mostly held by Ripple employees who signed lockup agreements preventing them from selling for several years. The end result is only a miniscule amount of Ripple is actually put up for sale and there's a bidding war for what little available Ripple there is.
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767
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GEMS]| SOCIAL MESSAGING APP THAT PAYS |PRE-SALE LIVE NOW|
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on: December 16, 2014, 12:18:19 AM
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Android wallet came at a later date - Now Android & iOS will be released together. Android users couldn't receive airdrops, only iOS users could - Now the airdrop is available for both Android and iOS users at the same time. If the airdrop would have been extended to a later date for Android to be ready, another competitor could enter the field and do it earlier - With this update it will not be possible. Gems innovative features would come at a later date - This way the team can release them sooner than they mentioned. Gems didn't have the advantages of Telegram integration - Gems now has apart from all it's features also the advantages of Telegram integration.
Thanks for that very clear summary. Everyone complaining about being cheated should read the above list. You're not being cheated, you're being given MORE value for your money. The Gems team just increased the chances of Gems becoming a succes TENFOLD.
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768
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GEMS]| SOCIAL MESSAGING APP THAT PAYS |PRE-SALE LIVE NOW|
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on: December 15, 2014, 08:32:17 PM
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Anyone who knows enough about this change to Telegram willing to share the pros and cons?
With the design of the app chanage now?
SENDIT is already going to be on Telegram, have we lost something by doing this?
Does that mean messages aren't on the blockchain anymore? Not using Countryparty anymore?
I'm concerned about the truth of the FUD a above? have we paid way over the top for a fork of another app?
At least Send Chat was honest about their telegram forking. Gems pulled a bait and switch which is deceit. Most people at the end of the day would rather invest into the more transparent development team than the one hiding secrets and possibly conducting illegal activity as per Gems.
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769
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Other / Politics & Society / Re: Russian Empire -- RSFSR under USSR -- Russian Federation
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on: December 15, 2014, 08:21:28 PM
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RSFSR was the economic donor of USSR to its own detriment. Whole cities were built in the Central Asian republics and Baltics were industrialised, while Russia coughed up the money. (Interestingly, only Belarus managed to preserve the industry and economy that it got from USSR. All the other republics squandered their inheritance.)
Nationalistic revisionism at best. Riga was the largest city under the Swedish Empire and later it didn't need Russian help in industrialization. On the contrary, most of the early industry in the Russian Empire was in Congress Poland, Baltic states and Finland and this technical expertise and capital came from the Baltic sea trade network. As for Central Asia - this might be true for Tajikistan but countries like Kazakhstan have cities like Astana that were largely built after 1990 and are more modern than anything you can find in Russia. Vladimir Putin himself should know that - he was somebody who grew up in the squalors of St. Petersburg and the squalors are still present in Russia. Typical household in Russia often consists of two working adults making less than $10,000 a year and real estate prices in the large cities rivals California.
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770
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GEMS]| SOCIAL MESSAGING APP THAT PAYS |PRE-SALE LIVE NOW|
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on: December 15, 2014, 07:32:32 PM
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LOLGems pulls a bait and switch on people the last minute. You 'tards thought you were all paying for new code but instead Peled never had anything and pulls a bait and switch the very last minute and is forking telegram now. Once again you people let greed get the better of you and you again fall to a scammer. Bait and switch is a scam and illegal in most countries. Forking telegram was something already planned by Sendchat and other projects and practically any development team can do it and don't need a 3000 BTC IPO for it (not even 100 BTC - it is something anyone can do in the proverbial basement).
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776
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [AИN] NODE - 2nd Gen. CryptoCurrency build from SCRATCH on NODE.JS - NEW CODE!
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on: December 11, 2014, 11:18:11 PM
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Good to see official facebook Page any idea when Node will open source? i know we are in the early stage but still any estimate about that? Investors are convinced a developers to delay this until the end of beta. The opening of the code in the testing phase can bring more harm than good. We can not to jeopardize people's assets until full completion of testing. Personally, I don't understand why the guys from the other projects do not see the obvious, and when they lose the system at an early stage then apologies and excuses comes. Obviously, guys threaten the future of the project in the quest for fast money Personally, we do not hurry anywhere, especially - to a better world Safety first, the rest comes after. Crack open box clone of Crypti and Stellar
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778
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Alternate cryptocurrencies / Altcoin Discussion / Re: BitBay | Decentralized Marketplace | Unmoderated Thread
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on: December 11, 2014, 10:02:27 PM
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Dzimbeck, you are seeing firsthand what Bitcointalk has become.
Legitimate, genuine projects (xcurrency, blocknet, bitbay) get run into the ground by trolls.
What is happening now is EXACTLY what I saw happening in the blocknet and xcurrency topics. Fudsters making up complete bullshit.
I'm not invested in this project but you have my sympathy.
People are slowly going to realise that growing a healthy, successful community for a new coin here is almost impossible. I suggest you follow the path of coins like Maidsafe, NXT and others which have built up communities outside of bitcointalk and don't rely on this forum to support the price. Because as you can see, there are many toxic individuals with agendas.
NxT? Was $100 million and now $17 million, dead coin.
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