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321  Economy / Economics / Re: is bitcoin can be a fiat money? on: July 21, 2016, 10:21:03 AM
someday it might but i think we still got a long way to go before that happends.
322  Bitcoin / Bitcoin Discussion / Re: John McAfee will start BTC Mining on: July 15, 2016, 11:23:06 AM
For him that sort of purchase is probably a drop in the bucket. I don't think anyone will think negatively if he does it, it will just bring more attention to BTC.


all attention is good attention , the more people that hear about bitcoin the better Smiley so i agree with you Smiley
323  Alternate cryptocurrencies / Altcoin Discussion / Re: Should we collect alt coins? on: July 14, 2016, 02:12:32 PM
Pick up the high volume ones that you are interested in. Monitor them and wait for a good time to buy like when there is FUD and dumping and patiently wait for the pump  Smiley



good tips, i try to do this, but its hard sometime when you see some low volume coins all the time gain like 300% in a day lol Sad
324  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: July 14, 2016, 01:54:41 PM
have friends that bought drugs with bitcoins alot of times , and they always praise how easy and fast it is, and you get it in your mail box sealed Smiley
325  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to Invest in? on: July 14, 2016, 01:51:26 PM
Still like Nem but i guess it will take some time (years) before it reach its full potential Smiley
326  Economy / Service Discussion / Re: I wanna invest on genesis-mining. Is it a good idea ? on: July 14, 2016, 01:49:47 PM
Hi

After I got a little profit form hashocean (before it's gone).
I wanna invest on cloud mining again.
https://www.genesis-mining.com/

What are your guy thinking about this site.

Ty for all comment.


but what if this time you wont make any profit before its gone? cloud mining is a risky buisness
327  Alternate cryptocurrencies / Altcoin Discussion / Re: F*** ICO's. on: July 02, 2016, 08:28:22 AM
We stand at a weird point of time in the history of Blockchain technology and its eventual rise to mainstream adoption. The technology is not a geeks dream anymore and the community is not entirely considered to be outliers. Banks, governments, enterprises and private investors are watching with eyes open on the various projects that emerge from enthusiasts of a revolution that is expected to be decentralized in nature. Amidst the hype and excitement, DAO (Decentralized Autonomous Organization) has managed to raise over 150 million dollars. . The fact that this amount has been raised from individuals around the globe, most of whose identities are not even known shows the potential a decentralized currency has in the context of fund raising. While the legalities, logic and possibilities of what is happening is subject to debate, this post is not about that. It is about how development on the Blockchain has evolved over the years.


When Satoshi Nakamoto released the whitepaper for Bitcoin in 2008, he did not seek a couple million dollars in funding. What he did however, was seek the input, insight and contribution of skilled individuals from around the globe that he believed could contribute to the project. The rise of Bitcoin was not through pointless hype but rather by building upon its utility and community over the years. From the perspective of a consumer — Bitcoin does one job and it does it perfectly well. Remit tokens of value, around the globe, while circumventing global players such as banks, governments and their related agencies. Granted the currency or rather commodity is subject to fluctuations owing to supply and demand, the currency paved way for millions of individuals to connect themselves to an economy they never had access to earlier. Entrepreneurs and freelancers from third world economies could now receive and remit payments while not losing a major chunk of it to third parties who never played a role in adding value to the economic chain. Bitcoin garnered traction, not because it could raise a couple million dollars through an initial coin offering, but rather because it could get its job done right amongst the demographic that used it during the initial days, regardless of whether they were hackers, money launderers, gamblers or wikileaks.


Skip through to the era of alt-coins and you have a community of developers sprouting from around the globe demanding thousands of Bitcoin in “investments” or rather, donations for the purpose of building blockchain based solutions. The fact that a large chunk of these developers remain largely anonymous and are often not accountable in regards to how the funds are spent leads to disastrous situations in regards to corporate governance and transparency. Ethereum — which was once one of the largest crowd-fund amongst decentralized communities, was crippled for a while due to fund shortages and mismanagement of its funds. Similarly, Bitshares — a community that decided to have its tokens given to developers on the basis of voting and democracy found itself crippled owing to politics and investors not understanding how to actually build a profitable enterprise.


Waves, Lisk and IOTA have together raised over 5 million dollars in the last few months. Each of these currencies solve unique problems and definitely contribute drastically to how the world approaches a more decentralized era. Odds are, the teams behind them are fairly credible too. However what’s concerning me as an individual is the amount of hype that’s going on behind these coins and the culture of pointless ICO’s around a number of concepts that add little or no value to the ecosystem. The sheer amount of dead ICO’s and projects that have fizzled out would easily run into the tens of millions of dollars. There used to be a time when this wasn’t the nature of decentralized currency. When core utility and a community around the product mattered more than the funds raised. When the end goal was disruption rather than a short term hike in price. It almost feels like in trying to disrupt conventional systems of banking, we have the community itself falling down to greed and short term obsession towards a pump.


This obsession towards ICO’s and investment gimmicks can possibly do more harm than good because in a lot of these cases the capital is dumb capital and does not pave way for the innovators (if any) behind the coin to actually have the opportunity to work on the coin and the product behind it. Unlike venture capitalists who take risks posts conducting due diligences, Bitcointalk is strife with individuals who don’t have a clue in regards to what’s’ going on. Seasoned investors in the game would easily play the pump and dump game while an individual that is new to the ecosystem would play along, eventually losing out what’s his or hers. While the free market does give each individual the freedom to do whatever he prefers to do with his money and investors are bound to lose their money if they don’t do their due diligences, I personally believe all this obsession with ICO’s could partly be the reason why no alt currency has neither attained the scale nor the user base Bitcoin has in all these years.


Revolutions are not to be monetized. Or, in the few cases they were , they did not really end with the masses being on the side not being screwed over. (eg : Rothschilds and the battle of Waterloo). While private investments and interests in Blockchain technology is rather welcome and much needed, the pump and dump game looks like a new iteration of penny stocks for individuals to sit on their computers all day long and earn money for spreading FUD (fear, uncertainty, doubt). I am a strong believer in decentralized crowdfunding and what it can do for the people. What am against however (and this post in its entirety is about) -is the pointless hype that goes on behind some of these projects. Its time the community called the bullshit once and for all. A lot of the “enthusiasts” behind the new ICO’s do so with the intent of liquidating at a higher profit margin within a matter of months, if not weeks and thereby increasing their capital. If such, is the nature of capitalism within our attempts to create a revolution on the blockchain, may god bless our souls. Or much rather, may the banks come do it through their “permissioned” ledgers, because I fail to see the differency any longer. Both .. are fuelled by speculation, greed and a deep control on the monetary policies



Tl:Dr : Such ICO, MUCH WOW!!



super good post! big wall of text, but i read through it and it was worth it Cheesy
328  Alternate cryptocurrencies / Altcoin Discussion / Re: DOA or NEM? on: June 30, 2016, 05:45:20 PM
between those 2 options i would go for nem thats all i have to say.
329  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: June 29, 2016, 05:50:13 PM
Dumped all my XEM above 2500 sats,

Looking to buy under 500 sats . thanks for the ride

oh please god, let the price not go below 1500 again, so that this leech regrets after it hits 5k

it wont Cheesy and hes going to buy in again at a higher price lol.
330  Economy / Reputation / Re: Help on: June 29, 2016, 12:36:38 PM
My account Gets negative Trust so what to do now anyone can tell me solution for this???


Man u tryed to sell your acount and take a loan on the same acount? seems like a scammer to me, you deserve ur negative thrust! :/
331  Alternate cryptocurrencies / Altcoin Discussion / Re: What alt is the next best thing? on: June 29, 2016, 12:28:35 PM
XEM will bring in the future of crypto to japan ... XEM is up 100%...have not seen a rise like this since Ethereum...check this info out from JAPAN in ENGLISH : https://youtu.be/XxjGFwwtBm0


Also : http://www.bloomberg.com/research/markets/news/article.asp?docKey=600-201606200600PR_NEWS_USPRX____HK27198-1


the reason i invested in Nem , allways nice with a coin thats pushing to be big in japan Cheesy
332  Alternate cryptocurrencies / Altcoin Discussion / Re: [ETH ded] Mega-eth-doom-thread on: June 28, 2016, 02:31:30 PM
some of them seem to be moving to Nem/xem its blowing up lol!
333  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: June 28, 2016, 01:09:47 PM
The dao in sight  Shocked lite coin not far ahead either.  Grin

lovley! this baby is going to the moon Cheesy
334  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: June 28, 2016, 11:37:50 AM
ZAif is the biggest exchange at JAPAN

I prefer to sell my NXT

And hold MY XEM



Agree 100% on this! A value my nem more then my nxt. I believe!
335  Alternate cryptocurrencies / Altcoin Discussion / Re: Let's get rid of OneCoin on: June 28, 2016, 11:35:08 AM
This gives such a bad name for crypto had a friend that bought in thinking it would be the next great thing knowing nothing about crypto. These are the people falling for it greedy sobs. But it still gives Alts a bad name everyone going to believe they are all scammer Sad
336  Economy / Economics / Re: Goodbye Poloniex, Hello bitfinex on: June 28, 2016, 11:24:30 AM
what do you mean are the rates diffrent or something ? are the fees lower? why would you change and why would you be a millionare ? Cheesy
337  Other / Off-topic / Re: Average Age of Bitcoin users on: June 28, 2016, 11:13:52 AM
I am 27 years old.
I think Bitcoin is only interested in the younger generation. Enough to see the level of technical expertise and knowledge among the people, and you'll see that modern technology and the internet is only interested in young people. The older generation does not pay much attention to all new and modern things.


find it to be the opposite to be honest, most people i find that know what bitcoins is and use them are people above 25 , alot of people know what bitcoins is under 20 but they dont use them or care about them Smiley
338  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is Nem growing so fast? on: June 28, 2016, 11:08:21 AM
All users holding XEM for long-term investment.. I bought it when the price was 210 satoshi...
I think XEM will be up-trending to 10k satoshi after 2-3 weeks...


it gains pretty fast so far last weeks has been nice Cheesy i got in at 500 satoshi so im pretty happy Cheesy
339  Economy / Investor-based games / Re: Grow your Bitcoins on: June 26, 2016, 03:52:40 PM
dumbest scam atempt ever lol . scammers are not even trying anymore lol.
340  Economy / Investor-based games / Re: hashocean website closed? on: June 26, 2016, 03:51:02 PM
another site turned scam what a shame Sad
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