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1621
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Alternate cryptocurrencies / Altcoin Discussion / Re: How to calculate the real price of a coin ?
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on: February 13, 2015, 07:35:56 AM
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Hello crypto-land,
I'm wondering since few time how to calculate the true price of a coin. Does anyone knows how to do it ?
When I'm checking the total supply of few altcoins, on coinmarketcap, I see that the price can be very different between two altcoins with the same amount of total supply.
Of course, the "hype" does much here, but can we know when a price is overvalued or undervalued ? What about the market cap ?
Also, for the pre-sale such as IPO or ICO, can we know if the selling price is too much high or low ?
Thank you in advance for your help,
Regards
All cryptos including bitcoin are priced by one simple market dynamic; http://en.wikipedia.org/wiki/Greater_fool_theoryas for IPOs or ICOs as they chose to call them here, most are illegal so any non zero amount is too much. |
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1625
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Bitcoin / Bitcoin Discussion / Re: Will 2015 be bitcoin’s year?
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on: February 05, 2015, 10:33:38 AM
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for those in bitcoin for the fiat it'll be a great year, for those in bitcoin for initial concepts promise.....bitcoin will be dead to them.
What are the initial concept's promises? I guess he means, anonymity, avoiding taxes, destroying governments, whipping your ass and all the other things, that were never promised by anyone, but are just, what some people want Bitcoin to do. well thats a pretty bad guess, and wrong on every point. the idea of bitcoin was an alternative to the banks controlled fiat, to take the greedy money changes out of the equation, one of the main reasons for decentralisation, whats the point of an alternative to the greedy banks if we ourselves given the same power act the same way?lets not even begin at the whitepapers original mircotransctions point re reason for bitcoin over the banks, something the btc powers to be flipped on ages back  We don't have the power to freeze accounts. We don't have the power to print as many Bitcoin as we want. We don't have the power to reverse a transaction. So, about what power are you talking about? Could you please just cut this use of general terms, that means nothing and tell us, what exactly do you mean? define what u mean by we, ie you're not part of the collective in any of my 'we' replies your power points reply aren't even in the context of my post so i'll reply similarly; "We don't have the power to freeze accounts." can and has been done, one of the reason for an infamous btc fork. "We don't have the power to print as many Bitcoin as we want." can on several different level, and has been done for real before, again hence on of the infamous previous forks. and currently is being done in a kind of way by various exchanges and other third parties through various financial product; you'd reply oh but thats no real bitcoins, but the products is just as real as those found in fiat (and all crypto nutjobs accuse fiat of being printed limitlessly). "We don't have the power to reverse a transaction." again can and has been done before ie again look at a previous infamous bitcoin fork. However in context my whole point about being the greedy bankers is most people now in crypto are in it for the FIAT, not in it to make frictionless money, not in it to give people control over their money for better or for worse, but simply to buy a token and try and sell it to the next sucker for a higher FIAT price. all makes the point of bitcoin redundant. Your only example about how the power was misused, is a bug that was fixed, so forged coins can not be used anymore? So, we should stop fixing bugs and just use the first version of Bitcoin-QT Satoshi released? ok now ur just arguing for the sake of it. the irony of bitcointalk is half the post are bitching about the wealthy elite while the other half is all about how to become them  |
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1626
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Bitcoin / Bitcoin Discussion / Re: Will 2015 be bitcoin’s year?
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on: February 05, 2015, 06:16:04 AM
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for those in bitcoin for the fiat it'll be a great year, for those in bitcoin for initial concepts promise.....bitcoin will be dead to them.
What are the initial concept's promises? I guess he means, anonymity, avoiding taxes, destroying governments, whipping your ass and all the other things, that were never promised by anyone, but are just, what some people want Bitcoin to do. well thats a pretty bad guess, and wrong on every point. the idea of bitcoin was an alternative to the banks controlled fiat, to take the greedy money changes out of the equation, one of the main reasons for decentralisation, whats the point of an alternative to the greedy banks if we ourselves given the same power act the same way?lets not even begin at the whitepapers original mircotransctions point re reason for bitcoin over the banks, something the btc powers to be flipped on ages back We don't have the power to freeze accounts. We don't have the power to print as many Bitcoin as we want. We don't have the power to reverse a transaction. So, about what power are you talking about? Could you please just cut this use of general terms, that means nothing and tell us, what exactly do you mean? define what u mean by we, ie you're not part of the collective in any of my 'we' replies your power points reply aren't even in the context of my post so i'll reply similarly; "We don't have the power to freeze accounts." can and has been done, one of the reason for an infamous btc fork. "We don't have the power to print as many Bitcoin as we want." can on several different level, and has been done for real before, again hence on of the infamous previous forks. and currently is being done in a kind of way by various exchanges and other third parties through various financial product; you'd reply oh but thats no real bitcoins, but the products is just as real as those found in fiat (and all crypto nutjobs accuse fiat of being printed limitlessly). "We don't have the power to reverse a transaction." again can and has been done before ie again look at a previous infamous bitcoin fork. However in context my whole point about being the greedy bankers is most people now in crypto are in it for the FIAT, not in it to make frictionless money, not in it to give people control over their money for better or for worse, but simply to buy a token and try and sell it to the next sucker for a higher FIAT price. all makes the point of bitcoin redundant. |
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1628
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Maieuticoin | 2014% PoS | Version 2 Staking Hardware Sales OPEN
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on: February 04, 2015, 11:20:31 AM
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have to say CrazyLoaf, i've been in this alt game awhile, mostly not even a fan of pos, but mmxiv has so far been % wise pretty much my best pos coin. stakes perfectly, stable client, and holds its value excellent against inflation. whats to complain about  , u get the odd silly dumpers; but it survives those days no problem; bounces back, which proves the strength of the coin, and the market needs liquidity  |
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1629
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Bitcoin / Bitcoin Discussion / Re: Campaign to BOYCOTT BITCOIN!
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on: February 03, 2015, 11:50:28 PM
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Bitcoin is inferior coin. No real developement. Very slow.
Only thing it has is that crazy cult in denial of reality around it.
It's the only coin with real VC investment and support. No other coin has the backing, development, investment, and interest of Bitcoin. Not Litecoin, not Paycoin, not NXT, not Ripple, not Darkcoin, not Stellar, not Counterparty, not [insert any alt coin here]... bitcoin the only coin with real venture capital and support? wtf? what have VCs taken over the btc foundation? you do know ripple is like entirely VC? |
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1631
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Alternate cryptocurrencies / Altcoin Discussion / Re: ❢❢❢ The value proposition of each coin: BTC, DOGE, LTC, DRK, PPC, XRP, NXT, etc.
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on: February 03, 2015, 02:00:56 PM
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LTC
. And I stopped believing in LTC after the devs said they dont need any new innovation.
the main reason its now got my support, prior i was a litecoin troll. finally devs that actually understand the 'currency' part of cryptos. equally shows their regard for maintaining the trustless system (but that'd be lost on most the alt 'innovation' to sell the latest pump n dump crowd). |
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1632
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Bitcoin / Bitcoin Discussion / Re: Campaign to BOYCOTT BITCOIN!
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on: February 03, 2015, 11:56:42 AM
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"Boycott Bitcoin" sounds like a bankster troll thread. I've seen many of those in the past four years.
There is only one secure network, the Bitcoin network, and many experiments.
If people think they can do better than the Bitcoin protocol, then they can build a sidechain..
Altcoins that are heavily promoted are making false promises of security and/or decentralization and/or anonymity.
Actually you are incorrect, Litecoin and also Dogecoin are very secure networks. Not sure if you purposely left those out or merely forgot about them. Do I stand corrected ? the Bitcoin network secures 50 times more value than the Lite coin network: how would we know if Litecoin is as well tested as Bitcoin from a security stand point ? The hashrate of the Bitcoin network is 300 000 times superior to the hashrate of the Litecoin network. An attacker needs to rent this computing power for 20 minutes to reverse two blocks while it takes only 5 minutes on the Litecoin network. In short the protection offered by the Bitcoin network against malicious reversal of a transaction is vastly superior by several orders of magnitude. The numbers are even worse for dogecoin. Simply bear in mind that email has not taken off with every corporation crafting its own version of SMTP. you make alot of assumptions there, so you think higher hashrate = greater security? well it can in some context, like a single idiot trying with their own or rented equip (and all 3 mentioned network hash is strong enough for that to be pointless) but if someone wanted to go to the effort of an proper attack and plan a decent course of action hashrate after a point would make little difference. |
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1633
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Bitcoin / Bitcoin Discussion / Re: Will 2015 be bitcoin’s year?
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on: February 03, 2015, 10:09:16 AM
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for those in bitcoin for the fiat it'll be a great year, for those in bitcoin for initial concepts promise.....bitcoin will be dead to them.
What are the initial concept's promises? I guess he means, anonymity, avoiding taxes, destroying governments, whipping your ass and all the other things, that were never promised by anyone, but are just, what some people want Bitcoin to do. well thats a pretty bad guess, and wrong on every point. the idea of bitcoin was an alternative to the banks controlled fiat, to take the greedy money changes out of the equation, one of the main reasons for decentralisation, whats the point of an alternative to the greedy banks if we ourselves given the same power act the same way? lets not even begin at the whitepapers original mircotransctions point re reason for bitcoin over the banks, something the btc powers to be flipped on ages back |
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1635
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Bitcoin / Bitcoin Discussion / Re: Campaign to BOYCOTT BITCOIN!
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on: February 03, 2015, 07:48:02 AM
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Speaking about experiments, interesting you say that since technically Bitcoin is still in beta  . and I look forward to the ledger reset once we is out of beta  and too the OP how exactly does one boycott bitcoin? its not like even 0.1% of holders are actually using it. |
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1637
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Bitcoin / Bitcoin Discussion / Re: The life of a late adopter
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on: February 03, 2015, 07:08:50 AM
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One of the biggest problem with bitcoin late adopters, it seems to be more about the fiat What can one say but the IQ of this place has always been inversely proportional to the price of btc v USD  |
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1638
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Maieuticoin | 2014% PoS | Version 2 Staking Hardware Sales OPEN
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on: January 30, 2015, 03:17:19 PM
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And before I begin, we must accept that value is relative to supply, that's Econ 101.
Well then I can switch off just here, because that's simply not true and I can give thousand and 1 examples where its not the case. Now even if this overly simplistic (preschool level) view of economics was the case, it'd only be the case where value stemmed from a need, no crytpocurrency is needed, all prices (and side note you're confusing value with price) in cryptos is based on pure speculation (or traders like myself playing with random trading tokens). end rant  Now for something "we must accept" on the topic of mmxiv no trader/investor who sold any mmxiv todate has done better then those who've held and staked....FACT. |
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1640
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Alternate cryptocurrencies / Altcoin Discussion / Re: ❢❢❢ The value proposition of each coin: BTC, DOGE, LTC, DRK, PPC, XRP, NXT, etc.
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on: January 29, 2015, 12:20:11 PM
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LTC.
- Worthless clone.
- Used to have second highest volume. (See DOGE, above.) Now, even that tiny advantage is gone.
- Dead?
Funny alot of trash talking against litecoin in this section and well the market doesn't seem to think its a worthless clone, having greater marketcap and more traded then all other alts put together. There's a reason for litecoins success. It took the tried tested and trustworthy and improved on it. The first alt to be fairly launched and even today one of the rare few not premined or not designed for the financial benefit of the original dev. You guys think just because some clown types some pseudo original code that its somehow innovative beyond btc/ltc? The Winklevoss' had some major hurdles getting bitcoin approved by regulators for the upcoming ETF, you know though this forum may think satoshi' cool a mystery creator is a hard sell to regulators and even harder for joe public to trust. All the trashing of it won't change the FACT that it is the leading alt and will remain so, because it has the network, the security and the money backing it. You think this section of the forum would be proud of litecoins success and support it. |
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