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321  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 16, 2018, 03:02:48 AM
What are your price prediction for ETH? I currently own 5 ETH and I'm HODLING strong, but I'm willing to sell them when they hit 5000$ atleast. Is it an achievable goal this year for you guys?


Its not really a goal...you have shit to do with price movement like that. More like a prediction.
322  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 13, 2018, 07:33:01 PM
I'm thinking of a new platform that is NEO
ether too slow chimp as bitcoin. Wink

I'd like to see NEO try to process the number of transactions Ethereum is right now. Hint: it couldn't.

I don't care neo or another.

If ethereum network stays like this, some blockchain will take its place at one point. They need to act faster than this.

I totally agree. Still up to this day, I can't believe how the price of Ethereum spiked so much, provided there are so many network tasks to do (or issues to solve). And it is the second most stable crypto at all. Even Vitalik in one of his statements said that he can't take anymore the constant price speculations.

Some people make it sound like its so trivial a task. "Just do it. Just hardfork and fix it". It's not a question of acting faster. It's a question of figuring out the (best) fucking solution in the first place. This is extremely complex tech. If Bitcoin is a calculator, moving numbers from here to there, Ethereum is a fucking Excel spreadsheet. As a software engineer, it annoys me to high heaven when muggles think it's so simple. Not to mention programmable blockchains are absolutely brand new tech. It's not like we have 30+ years of experience and understanding to fall back on. We're in uncharted space here boys.

I'd also  remind people that every other coin based on blockchain is facing this same problem, and none have a solution that would enable faster processing than what Ethereum is already doing.
yes every token that use eth blockchain i mean ERC20 token have the same problem and facing a lot of time in transaction processing but if you use higher gas fee then your transaction will be confirm normally fast
now on ethgasstation the lowest gsa price in gwei is 6 . i think eth network is stabilizing slowly
and in next coming days gas price should be less then 3 qwei in lowest gas price
i think eth price is going high that's why large number of people making transaction on eth network and eth network facing network congestion

You missed the point. Of course every token is the same, they all use Ethereum. The point is other blockchains have the same scalability problem as Ethereum.
323  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 13, 2018, 02:52:16 AM
I'm thinking of a new platform that is NEO
ether too slow chimp as bitcoin. Wink

I'd like to see NEO try to process the number of transactions Ethereum is right now. Hint: it couldn't.

I don't care neo or another.

If ethereum network stays like this, some blockchain will take its place at one point. They need to act faster than this.

I totally agree. Still up to this day, I can't believe how the price of Ethereum spiked so much, provided there are so many network tasks to do (or issues to solve). And it is the second most stable crypto at all. Even Vitalik in one of his statements said that he can't take anymore the constant price speculations.

Some people make it sound like its so trivial a task. "Just do it. Just hardfork and fix it". It's not a question of acting faster. It's a question of figuring out the (best) fucking solution in the first place. This is extremely complex tech. If Bitcoin is a calculator, moving numbers from here to there, Ethereum is a fucking Excel spreadsheet. As a software engineer, it annoys me to high heaven when muggles think it's so simple. Not to mention programmable blockchains are absolutely brand new tech. It's not like we have 30+ years of experience and understanding to fall back on. We're in uncharted space here boys.

I'd also  remind people that every other coin based on blockchain is facing this same problem, and none have a solution that would enable faster processing than what Ethereum is already doing.
324  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 11, 2018, 04:06:37 AM
I'm thinking of a new platform that is NEO
ether too slow chimp as bitcoin. Wink

I'd like to see NEO try to process the number of transactions Ethereum is right now. Hint: it couldn't.
325  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 11, 2018, 04:03:03 AM
https://etherscan.io/chart/pendingtx

When will it get better?

It is getting annoying and also icos don't send bounties because it is too expensive now.

We need a hard fork.

I'm not really sure how would a hard fork solve the problem with pending transactions. Care to explain?

It's like noobs saying "bubble" when they try and talk crypto. Nothing but word association cuz they don't know shit Cheesy
326  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 10, 2018, 03:12:35 AM
why all transactions take high times ? i have two transactions from 2 differents wallets, still in pending mode... i doubt eth will be the future of crypto

People who don't understand how Gas works usually say silly shit like this.

Link the transactions if you want someone to offer any help/advice.
327  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 10, 2018, 03:01:14 AM
I can't believe someone will pay 1200 dollars for a coin that has no cap on it... When eth was 400 dollars there were something like 95.5m coins in circulation.. There are currently 96.8 and the coin is valued at 1.2k LOL talk about a coin that will drop in price as more and more coins are added to the world.. Invest into a coin that has a cap on it.. BTC/LTC/Zcash I mean when MAST is implemented into the LTC network say goodbye to ETH...

It's cute how naive those statements are. Think I'll keep hodling my Eth...
328  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network on: January 07, 2018, 05:58:19 PM
Does this coin has any block reward halving for PoW mining?  Are there any future limitations for PoW block rewards besides what the pie chart says about PoW % and PoS %?  Or is Proof of Work mining a constant reward until all PoW blocks has been exhausted?  How many more years or months do we have before PoW is exhausted and people can only do PoS?

Check here: https://dcrstats.com/subsidy
329  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network on: January 06, 2018, 05:44:07 AM
Has anyone else noticed the curious trend in cryptocurrency prices right now where the value of the lowest priced coins is growing by the largest % despite them having a huge coin supply? To me this says that the cryptocurrency space is overflowing with inexperienced traders/investors who have no idea what market cap is or how it's calculated. FOMO fever is the only explanation for this. People just hearing about cryptocurrency feel like they missed the boat on bitcoin and are trying to catch the next big thing. These are the same people who think that they need to be able to afford a whole coin. Take Cardano for example.. at a price of ~$1 it seems like a steal and people like owning a whole coin of something instead of a small fraction of a bitcoin, but then you look closer and see that there is a whopping 25,927,070,538 ADA.  That's about 1500x more coins than bitcoin! In a rational market scarcity is what drives up price and many of these coins have billions yet this market seems to be unable to do basic math and rewards it! Crazy.

Why is this relevant to Decred?

Decred ($109, 6,491,330 DCR) has the smallest circulating supply of the top 50 coins with the exception of only Veritaseum ($377, 2,036,645 VERI) and ZCash ($578, 2,948,644). (Bitconnect doesn't count because it is a ponzi scheme) Now cut the circulating Decred coin supply in half due to them being locked up in POS mining. On this simple metric alone the price of Decred in the current market landscape should be so much higher. If and when this irrational market we find ourselves in ever starts to resemble reality then it will put a smile on Decred holders.

Disclaimer: I don't care about technical analysis or swing trading at all. I only hold coins long term for the projects I believe in. In this case it looks like the Decred price is still at least an order of magnitude lower than it should be.

Agree with everything you said + the disclaimer. Although I do trade a little with small % of portfolio when chance occurs

What do you think the long term value should be?

I'd be lying if I claimed to know what the long term price should be. Price discovery should happen naturally as a result of the free markets. With that being said, based on the current total cryptocurrency market cap, the limited circulating coin supply, the talented Devs, and what I believe to be superior tech of Decred, I think the price of Decred should be over $1000 relative to the other coins once the attention shifts from quick buck pump and dump coins to legitimate society altering technologies.

The reason why I think the price of Decred must be stated in terms relative to other coins and the total cryptocurrency market is because to some degree cryptocurrency is still an experiment. A few assumptions are being made in order to get to these growing valuations.

1) That the consensus mechanisms underlying POW and/or POS cannot be undermined. To this date there have been no successful hacks or exploits on bitcoins code but in the unlikely event that one is found there would be a devastating correction on the entire market. 9+ years of the brightest white and black hat hackers attacking bitcoin's network have not found anything so this is a great indicator of confidence in the network but on the other hand look at the latest security vulnerability in intel chips.. anything is possible. The stakes are high but so are the rewards. For the first time in human history people have the option to be in control of their own money (you are not in control of the money you store in banks).

2) Mass adoption and acceptance of cryptocurrency as a store of value is coming and will lead to large institutions and 401k funds to begin allocating a percentage of assets into cryptocurrency as part of a diversified portfolio.

3) They will be able to scale. This is not just Decred's challenge but all cryptocurrency will need to be able to increase the number of transactions per second if they are to cut out the middlemen (visa/banks) and be used for everyday transactions (like daily coffee) as promised in the original bitcoin whitepaper. This is an active area of research and development.

And a couple Decred specific assumptions:

4) Decred's governance and superior tech is finally recognized by the market. The truth is that many people haven't even heard of Decred. If Decred is added to more exchanges such as Coinbase and exchanges in the eastern markets, awareness and acceptability will increase. Yes this is true for all coins but the point here is that if people had more time to understand the technology behind the coins they are buying they would understand that Decred is a better mousetrap. Who wouldn't buy the better mousetrap?

5) Decred is resistant to forking which siphons off value from the main chain and errodes confidence. This is by design because Decred stakeholders have a voice via stake voting unlike bitcoin. People don't want to have to ask themselves if they are holding the right "flavor" of bitcoin every morning due to the endless forks that are a result of their dysfunctional governance.

6) Decred's performance relative to other cryptocurrencies will increase. Decred can totally replace bitcoin, bitcoin does nothing that Decred doesn't do better. It can also siphon value from other coins with weaker governance (DASH) and if the privacy features are good can siphon value from the leading anonymous coins (ZEC, ZEN, ZCL, XMR, etc). This has not happened yet but is likely to happen since Decred in theory is much more agile than other currencies due to it's built in voting. As was seen in the speed in which lightning network integration was proposed, voted on, and nearly integrated Decred can quickly implement new original features as well as assimilate the best features from other cryptocurrencies and pivot the intended use as directed by the stakeholders votes. (Decred Dev's please correct me if I am over promising but this is how I understand it)

7) This is a more minor point. When Decred Asics are introduced it might remove the constant sell pressure caused by Claymore Dual mining. I'm not sure that I buy that Decred asic owners are more likely to hold onto coins. I also haven't decided whether I think that asics are good or bad for the network but I think this is worth noting as removal of significant sell pressure would quicken the price discovery.

If those assumptions are true then the total cryptocurrency marketcap will raise to at least several trillion and therefore in the coming years the price will increase many fold. No one will believe me if I post a long term sustainable price because human minds are trained to think linearly however increases in network usage affect the price of a limited supply of coins exponentially. I think it will go beyond bitcoin's current value.  

Very well said. Decred had a real chance of replacing Bitcoin as the store of value coin (digital gold), or at least it will likely be one of the few strong store of value coins. The chosen store of value coin(s) will be the highest price cryptoasset in the long run (from the book Cryptoassets). Sure I own 20 or so different coins, but Decred is the only one on the do not sell ANY for 3+ years list. Seriously hodl this one tight.

Please, read from my soul more.  Wink  Cheesy
330  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔵 [ANN][ICO] 70% SOLD! Aurora 🔥 Decentralized Finance and Banking + Exchange 🔵 on: January 06, 2018, 01:24:06 AM
Hello! Does anyone know what functions a transaction-manager will perform in the system?


Hello! Can you tell us more about the orderbook infrastructure?


thats internal informations, if you would ask me.

i do hope, they are not going to talk about their secret sauce.

Infrastructure? Surely not...maybe you're thinking (or op) trading engine?
331  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 03, 2018, 06:59:27 PM
Any ideas what might happen to the popularity and price of Ethereum once it switches to full PoS? Have there been other coins of reasonable significance that switched from PoW to PoS and what was the effect?

That comparison won't be worth much. The PoS implementation for Ethereum looks quite different from other PoS implementations. It's much more sophisticated than simple "stake and gain interest" PoS.

Is Casper more like BTF with validators taking turns?


Not sure about BTF, but here is a well done breakdown: https://blog.cosmos.network/consensus-compare-casper-vs-tendermint-6df154ad56ae
332  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network on: January 03, 2018, 02:04:06 AM
To start I love the Decred project and think it has a great future, but something i was thinking was that technically lets say the price went up a bunch, with the current ticket voting system couldnt some whales come in buy a ton of tickets and vote for things they know are bad for decred? I know that the point of buying the ticket is that your locking in an amount so you havee skin in the game but in the future couldnt say a bank buy a ton of tickets and deciede the fate with negative intentions? And couldnt it become so much for tickets that normal people couldnt afford it

The short answer: no, such an attack is not really feasible. There's been a number of discussions/thought exercises on that topic, and basically it comes down to "no". The protocol is designed to defend against such things. You have to consider the number of tickets that can be bought in a block, the amount of DCR such an attack would cost, the amount of DCR in circulation, and of course, the difficulty adjustment algo of PoS in and of itself.

Not to mention the very unique manner in which PoW miners and PoS voters create and validate blocks.
333  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: January 03, 2018, 01:54:01 AM
Any ideas what might happen to the popularity and price of Ethereum once it switches to full PoS? Have there been other coins of reasonable significance that switched from PoW to PoS and what was the effect?

That comparison won't be worth much. The PoS implementation for Ethereum looks quite different from other PoS implementations. It's much more sophisticated than simple "stake and gain interest" PoS.
334  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 24, 2017, 02:32:03 AM
you are definitely on crack. Every other coin is killing it today. Ethereum looks like a beat dog.

Well...show me another coin that has made 9000+% ytd value growth and has the following Ethereum does! Market fluctuations on a single day doesn't by any means define value or progress of a coin.

It's awesome when you can make small profits day trading, but we all know which coin is the best long-term investment  Wink Cheesy
335  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 23, 2017, 06:06:33 AM
We put a man on the moon in 1969 trust me it can be done with sharding and separate universes that can share information together

 Sharding is a type of database partitioning that separates very large databases the into smaller, faster, more easily managed parts called data shards. The word shard means a small part of a whole.
editing the existing blockchain is extremely dangerous it will result in losing the transactions last time what he did was sharding and users lost coins they are trying to do this from years since after the launch..  ethereum have to come up  again with new ethereum with a new premine Cheesy

what they would come up would be swap like this one will have swap to new ethereum which is a common protocol for scammers to do so... man dont bet on this idiot they are very good liars he just throws some codes at audiences and they are impressed cuz nobody really understands programming then few in our world... but i can tell you its not possible to edit the database they will come up with swap lol

Ooof....the amount of ignorance and fud in this post is too damn high! Get back under your bridge digitalbarter. You have 0 clue what you're talking about Smiley
336  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 23, 2017, 12:56:00 AM
Instead of solving the scalibility issue he is bringing kitties and zombies to mint millions he already made millions from cryptokitties now the crytozombie will make him more richer and dumbass people end up paying more gas cuz someone is playing the game Am out cant keep this humongous crap anymore

lol who is "he"? Are you really trying to peg every little thing on Vitalik? You realize he didn't have anything to do with CryptoKitties/spinoffs, right?

Plz, sell off during the market correction though.  It sounds like you don't know much of the current environment anyway.
337  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 21, 2017, 08:00:41 PM
Ethereum is looking more good then ever now. It looks like we are going to break $1000 today sometime. There trading gives very good impression which pushed the price at above $850. It is not big distance to get ETH there in four digits to find new floor now. The time seems to have come now for this.

not for real cuz [ETHERDELTA] hacked again lmao wow eth is doom ~ safety here: look at [EMC2USD] CONFIRMED eth killer app ~ it's switching to ETHEREUM GPU type algo Wink weeeeee

https://poloniex.com/exchange#btc_emc2

Pretty sure ED hasn't been hacked before.

Weak hands alert! Another "eth is doomed" noob. This is clearly a gembitz alt account. Stop trying to shill your coins in every other thread lol
338  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 21, 2017, 07:53:36 AM
$1000 soon.....Flag pattern completed... hopefully we see a pop from here
bithumb.com $1000 in Korea. We will get there in a bit!

By the end of the year it is possible to reach 1000$ because in some exchange already the value reached to 1000$. What a year for all cryptocurrency lovers and those who believe in Ethereum are now making good amount for holding long term coins.
Cant imagine where Ethereum will go the next 2 years. I hoped in at 11 Dollars and still holding.

Fuck. For real though, look at the last 2 years to today. If we see same % increases by 2 years from now....FUCKING HODL!  Grin Grin

There's only 1 other coin I think will do as well (probably not better than) as Ethereum: Decred.
339  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network on: December 21, 2017, 07:10:47 AM
Wow! Stoked to be a miner/hodler since genesis block Cheesy

I have a feeling we'll be seeing another 0 or two on that number within the next couple years  Grin

340  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 20, 2017, 07:15:37 AM
Hey guys just trying to understand where the transaction fees 'go'. Are they incorporated into the block reward somehow, or are they 'burned' in a sense, as the block reward is stable.

Couldn't find any easy answer to this, I might be reading the wrong articles!

Every PoW algo that I know of has the model where the miner who solves the block gets the block reward + transaction fees from that block. They aren't burned, they're added to the block reward the miner receives. This is why transactions with higher fees typically get processed faster (because miners want to get paid higher fees, so select the highest fee transactions from the mem pool when adding to a block). Also, this is what incentives miners to continue mining after the block reward of a chain drops to ~0.
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