Good thing I don't trade. Just convert from the old currencies to new. |
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1ETH is a lot of money for me to invest in one peoject although I really love this one. I'll wait until this coin is available at exchanges and buy from there.
You can always invest less you don't have to invest that much 1 ETH is the minimum for the presale. .1 BTC, 1 ETH or 20 ZEN I am going in with one or two ETH. Mind you I see this as a very long term hodl because the first sea stead won't be ready until around 2021, BUT I am sure they will have a use for the token before then, but make sure you have in mind this will be a long term keeper. I can see this doing at least 100 x by the time the sea stead gets built and is inhabited and the homes have been sold etc. I think if everyone invests at least one or two eth here and forgets about it for a bit, it might be one of those great sleepers. I like the project a lot that's the reason for investing here, not for the quick gains. Definitely. We're all in this for the long haul. If you're looking for a pump & dump this is not it. Do you plan to lock early investor tokens for some time,in case they got big bonus? They are still looking at the length of time for locking some of the tokens. It will certainly be part of the smart contract for all to see during the public sale. |
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1ETH is a lot of money for me to invest in one peoject although I really love this one. I'll wait until this coin is available at exchanges and buy from there.
You can always invest less you don't have to invest that much 1 ETH is the minimum for the presale. .1 BTC, 1 ETH or 20 ZEN During main sale minimum will be less than 1 ETH? It will also be a minimum of 1 ETH for the main sale from everything I have seen so far. They have to pay for KYC/AML for each person buying. |
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1ETH is a lot of money for me to invest in one peoject although I really love this one. I'll wait until this coin is available at exchanges and buy from there.
You can always invest less you don't have to invest that much 1 ETH is the minimum for the presale. .1 BTC, 1 ETH or 20 ZEN I am going in with one or two ETH. Mind you I see this as a very long term hodl because the first sea stead won't be ready until around 2021, BUT I am sure they will have a use for the token before then, but make sure you have in mind this will be a long term keeper. I can see this doing at least 100 x by the time the sea stead gets built and is inhabited and the homes have been sold etc. I think if everyone invests at least one or two eth here and forgets about it for a bit, it might be one of those great sleepers. I like the project a lot that's the reason for investing here, not for the quick gains. Definitely. We're all in this for the long haul. If you're looking for a pump & dump this is not it. |
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Agree with both. Though raising chickens for the fun of it is all good. And the satisfaction of knowing what is in your food. And being prepared. And getting drunk with your neighbors when you bring them free eggs... |
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1ETH is a lot of money for me to invest in one peoject although I really love this one. I'll wait until this coin is available at exchanges and buy from there.
You can always invest less you don't have to invest that much 1 ETH is the minimum for the presale. .1 BTC, 1 ETH or 20 ZEN |
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But... Is that even possible? I mean, a FIAT decentralised exchange? The only thing I can think similar would be localbitcoins... which is not really decentralized even if the deals are somewhat p2p.
Decentralized crypto-only exchanges? Yeah, through smart contracts, atomic swaps, etc.... but FIAT? Maybe through a (completely exploitable) trust rating system... other than that... how?
https://bisq.networkbisq is p2p akin to localbitcoins I'm working on one that is sort of like a decentralized tether...turn the fiat to crypto then set it free to be traded like other crypto-crypto. |
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Coinbase just bought a decentralized exchange......
Coinbase.......
decentralized exchange.......
I think i need a recap on what "decentralized" means......
99% of decentralized exchanges allow you to trade crypto to crypto. There is one decentralized exchange that uses fiat but that is more like localbitcoins than a real exchange. Thank you but I know what a dex exchange is:) It was mainly a joke (probably a bad one lol), meaning that when I read “coinbase” and “decentralized” on the same sentence I feel like I don’t know anymore what decentralization means  If I were coinbase I would spend a shitload on developing a fiat dex that is running in the background un-seen. Then add more and more "nodes", bringing in partners to run the nodes. Then when the government says, "oh, in addition to all of the other information we're making you collect we now need penis size", they can just say...Coinbase, the company, is shutting down. This affects none of the users. Continue using the DEX. Good luck. |
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I agree that there are many people like Rojer Ver who delibarately sold tens and hundreds of thousands of Bitcoins to pump their beecash etc. shitcoins. But there are other whales as well - mining whales mostly with short fat fingers which love to hit sell button on bitfinex. Each day 1800 new bitcoins are mined. For a week they gather 12600, for 1 month 50400, etc. Not so long time ago (5-6 months) they had enough profit to do so - like 20$ per asic s9 per day. But now, thanks to the many new devices their profit is only 2.8$ per day with 0.1$ elecricity price. In the last 3 months the mining difficulty rose by 43% (meaning 43% less profit with the same price of Bitcoin). In 3 months the expected difficulty is almost the same 35-40%, so their revenue will drop from 6 to 3-4$ meaning the profit will be around 0$. I am curious if they will be happy to hit the sell button then. I guess not. That said, what we can expect to happen in the next 3 months. When 0.1$ el. price asics are turned off, this will buy some time but not much for the 0.4-0.6$ el. price asics to mine on profit. In another 3-6 months even with the lowest el. price asics will have to be turned off. This is very bad news for Bitmain and its competition, but not for the hodlers! Despite the hatred of Jihan Wu for Bitcoin team and supporters, he will be FORCED to pump the price at least 4x, if he wants to continue to manifacture asics and run his pool. The fact that the moderators in bitcoin mining forums ban me for posting these stats, proves how afraid are of the truth they. And those who buy new asics s9 are completely unaware of the mining difficulty charts: https://whattomine.com/asichttps://www.coinwarz.com/difficulty-charts/bitcoin-difficulty-charthttps://diff.cryptothis.com/Is Jihan still using his proprietary mining hack to get more coins on bcash than other miners? Or are the only people mining bcash using his algorithm? Too bad for him the Segwith fork fixed that. |
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Coinbase just bought a decentralized exchange......
Coinbase.......
decentralized exchange.......
I think i need a recap on what "decentralized" means......
99% of decentralized exchanges allow you to trade crypto to crypto. There is one decentralized exchange that uses fiat but that is more like localbitcoins than a real exchange. |
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If there is anything I have learned about bitcoin is that often the price doesn't move an inch when there is major global bitcoin news (not just UK) and that there can be very large price movements without even a trace of bitcoin news to be found anywhere.
Agreed. |
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Where exactly is your team headquarters?
The company is truly international. We have a house in Tahiti but just about everything is done online. Meetings are done via Zoom. Coordination done through Basecamp and other tools. The Founders live all over the world. The hope is that once the legislation passes this summer we will establish a land base on the chosen atoll for preliminary building and housing for future construction workers. |
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Bart Simspon spotted again on every major exchange out there, this is becoming truly annoying! This feels so coordinated among several exchanges. For once, I'm with the DOJ
Are you implying that bitcoin is manipulated ? The Simpsons is trying to play Bitcoin the same way Dragon Ballz is. |
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So...being involved in an ICO I get to peek behind the scenes to see how these things work.
One crazy thing I ran across is this whole telegram phenomenon. Apparently if you don't have at least 2k followers on telegram people automatically think your ICO is shit so they don't join, which means you don't get to 2k telegram followers which means when someone else comes they'll see you don't have a lot of followers so they don't follow...etc. and on and on.
So these ICOs have to shell out promises of a portion of their crypto to these bounty programs. Basically all of the shit signature campaigns you see, all of those people join your telegram channel, create very shitty youtube videos so that they can say they created content (I went to one of these videos, the guy went to the web page and video taped him scrolling down the page...with some background music...two different videos created doing that same thing).
So...they fill up telegram with a shit ton of bounty program people who probably don't give one shit about your ICO, they're on every telegram channel probably with 10 different accounts. So now you have 2k followers but everyone knows that those are mostly just bounty program people so you should really have 4k or 5k...or whatever.
It's all a bunch of crap. We jumped from 200-300 people on the telegram channel mostly organically from sending an e-mail out to people who expressed interest on the website and mainly just people getting the word out on their own. After the bounty program we shot up to 1.4k (plus we had a lot of news coverage this past week so it's not all bounty program). Some dude logged in today with some altcoin profile picture and asked "why so few members?". Because apparently we're not wasting as many coins on shit posters as other ICOs (is what I wanted to say...).
This whole telegram thing is pretty stupid, I have no idea why people think it is useful for an ICO. I remember using something like this in MUDs back in 1993, it was the gossip channel, and it was annoying then too. I just keep waiting for someone to chat: "level!"...."grats!"
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The great thing is, if you believe liberals* who say that natural monopolies form when the free market is left unregulated...that means Bitcoin will eventually become a monopoly and no alt coins will ever again be created.
Come on communist economics! Kick in already!
*for those outside the US, liberal in the US actually means communist
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From varyon.io
Distribution
4-28%* Public sale
7-8% Presale
5-6% Blue Frontiers seed funders
10-15% Blue Frontiers team
45-72% Seastead/SeaZone Construction, Development, Administration
* The amount of Varyon (VAR) allotted to seastead/SeaZone Construction, Development, Administration is inversely correlated with the amount purchased in the public sale. That is, the more Varyon (VAR) sold in the public sale, the less Varyon (VAR) held for seastead/SeaZone Construction, Development, Administration.
Blue Frontiers plans to prototype the first seastead with funds raised from the Varyon (VAR) Crowdsale, and to fund additional seasteads through sales. The Varyon (VAR) Blue Frontiers holds for seastead and SeaZone Construction, Development, and Administration will be used only as needed, in order to create seasteads and SeaZones and to strengthen the ecosystem of products and services available to Varyon (VAR) holders.
4,000 ETH Soft cap
22,000 ETH Hard cap
Who are those Blue Frontiers seed funders? They did an early seed funding round last year to get things going, pay for environmental and economic impact studies, design work, lawyers, consulting, etc. Most seed funders were friends and family of the founders, as well as the founders putting their own money in. A few bitcoin folks who were known seasteading supporters put in some money, including myself. No big names that most people have heard of. |
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Keep sharing those interviews, it's nice to see people in the team and hear more about the project and how people from the team go about it.Is that girl your PR, the one conducting the interview? No, Bitcoin Girl Thailand isn't Blue Frontiers' PR girl. She just loves Bitcoin and loves this project so she promotes it a lot. She also joined the bounty program to get a few VAR out of promoting it. Our head of marketing is Laurel Tincher and our seavangalesse is Nathalie Mezza Garcia |
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Screw it. I'm buying moar.
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And this is the crux of the problem. BTC needs to find a way to decouple itself from fiat. Unfortunately, there is not enough adoption at this time to accomplish this. One would be really hard pressed to be able to fully purchase all of the goods and services they need directly with BTC.
I got to about 90% of purchases when I lived in Germany (I think gasoline was the final thing). In the US it would have been so much easier. Bitcoin people in the US have it so easy for spending bitcoins but they don't even know it. |
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