Bitcoin Forum
May 13, 2024, 06:44:23 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 [3]
41  Alternate cryptocurrencies / Altcoin Discussion / Re: Zcash!? on: October 06, 2016, 04:38:54 PM
zcash is not released yet you cna only mine testnetcoin and only with cpu, there is not even a gpu miner, so i'm out of it for now, auntil they sort if out, and lol the initial block reward is ridiculous low, like 0.2

I heard there would be a GPU miner. But that will be based on the Linux. So it is not very good for us.
42  Alternate cryptocurrencies / Altcoin Discussion / Re: Zcash!? on: September 17, 2016, 08:49:26 AM
Not sure what you're trying to say, but Zcash isn't a good choice if you're looking for a private coin. It requires a Trusted Setup among other things. And the people you have to trust have banking and govt ties (https://z.cash/team.html). In crypto, the only thing you should have to trust is math. When you throw people into the mix, it's a no-go from the start.

More on why Zcash is not good for privacy:

http://weuse.cash/2016/06/09/btc-xmr-zcash/

https://blog.okturtles.com/2016/03/the-zcash-catch/

https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

"ZCash is a cryptocurrency project that originated from the Zerocoin/Zerocash idea, proposed back in 2013. Almost every “old time” bitcoiner knows about it. It was proposed to be integrated in the bitcoin codebase so that you would have the option to send a zerocoin-transaction using the bitcoin blockchain. You would need to “pour” your bitcoins in the Zerocoin mixer and from that point onwards, you could transact anonymously using the Zerocoin-protocol. When it became clear that Zerocoin wouldn’t be implemented in the bitcoin codebase any time soon, they worked for a while on implementing it as a sidechain.

But at some point the Zerocoin-team pivoted and decided to launch the altcoin ZCash. There is nothing wrong with trying to launch an altcoin, but, in my opinion, an altcoin can only survive long term if it actually offers something that is unique and probably can’t be adopted by bitcoin. The fact that it’s possible to add ZCash as a sidechain to bitcoin, should already raise some red flags.

The ZCash team decided to launch ZCash as an altcoin so they were able to fund the development: ZCash has a US-based company behind it and will tax 20% of the mining revenue during the first 4 years to pay off private investors. If ZCash were to succeed, the private investors will benefit greatly from the launch of this cryptocurrency. Although I don’t like ICO’s, a public coinsale (a form of crowdfunding) would have been a more fair and open way to fund development than seeking money from private investors.
This is in great contrast with the launch of Bitcoin and Monero, which were fairly launched, without “premine”, “mining tax” or some kind of company behind it. In my opinion, a successful large cryptocoin will probably be grass-roots, but it’s possible I’m mistaken here. Maybe some people actually prefer a corporate coin like ZCash. Time will tell.

But let’s dive into the tech a bit to compare its features with Bitcoin and Monero. The first thing that strikes me is the fact that ZCash allows transparent transactions: mined coins are bitcoin-like transparent “base coins”. When you want to spend them, you have the option to do an anonymous “pour” to enter them into the ZCash mixer. It’s basically the same idea as using Zerocoin as a sidechain."
43  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum to go up or down? on: August 26, 2016, 04:43:19 PM
ETH will go down. The holders are still very much in denial. If you are a holder it would be best to sell now before Vitalik, the Ethereum foundation and the insiders sell. It is only a matter of time before they do because the foundation will need funds soon to continue development. They are running low on money.

It is difficult to say. If you watch the price of the ETC and ETH, the ETC dropped 50% against ETH in the last two weeks. However, it might rise gain.

It will rise again I am sure. because ethereum have very active and power ful teem of developers. not only developer ethereum have a lot of potential investors who holding huge ethereum for future.
and mining is other farm which is being viral everyday.. so the chance of ethereum price up is very high.

You might be right. The Ethereum price is still higher over $11 each. That is after the big hack and many fuds.
44  Economy / Speculation / Re: If the US dollar crashed, would it affect bitcoin in any way? on: August 09, 2016, 07:21:32 AM
Most likely Bitcoin's value would increase compared to the Dollar, GBP, EURO and other fiat currencies. It would be seen as being more stable and the value increase would entice others to get some. I doubt it'll fall as it is not fully reliant on the US economy to keep it going.

The value of the bitcoin will rise compared to the fiat. If the fiat crashes, the bitcoin price will rise even faster.
45  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum to go up or down? on: July 26, 2016, 03:10:59 PM
I think you have to have loads of money to tweak the price.

24 h Volume BTC USD = over 10000 BTC
https://www.bfxdata.com/orderbooks/btcusd

24 h Volume ETH BTC =  over 300k ETH
https://www.bitfinex.com/pages/stats

But in general, I'd say BTC will go up, ETH down. Just my 2c

The Ethereum has two versions, the Ethtreum and the Ethereum Classic. One of them should survive.

I think the ETH will survive. It is supported by more miners and there is no danger of the hacker dump coins.

LOL, Just the DAO dump!

Do you think the DAO hacker will dump his coin and kill the ETC? How does he protect himself after the dump?
Yes he will dump on ETC. Be very careful.

Maybe the DAO hacker is part of the ETC pumper team. But it is still too dangerous for  him to hold so many.
46  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum to go up or down? on: July 11, 2016, 01:09:26 PM
If price of bitcoin going down usualy price of ethereum going up and vice Versa. And if price of bitcoin sideaway price of ethereum too. But it is just my experience when i trade ethereum/bitcoin using interval time 1H.

That is my observation as well. When the volume is dropped to 5000, there will be a price spike as well as the volume.

How would you know? You're the one manipulating it?

Some guys said there are big investors in the Ethereum, they will manipulate the price of the Ethereum.
47  Economy / Speculation / Re: $13,000 bitcoins by the end of 2016? $120,000 by 2018? (golden ratio fractals) on: June 28, 2016, 03:46:34 PM
Well your prediction is possible but the possibility of that happening is only 5%. It have a low probability of happening because I think that there will still be some price corrections after halving.

I can safely say the prediction is impossible. but I will buy some bitcoin just in case the price rises to $13000 this year.

I think if you want to buy bitcoin in the hope that the bitcoin price will be $13,000 later this year, you will be disappointed.
48  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum to go up or down? on: June 10, 2016, 06:04:25 PM
The Ethereum price is going up at the moment, even without any good news. What is behind the recent rise?

I would like to ask the same question. I thought the price could be much lower after the DAO listing.

I think the Etheruem price is controlled by a few big whales. They can set the price whatever they want.
49  Economy / Speculation / Re: $13,000 bitcoins by the end of 2016? $120,000 by 2018? (golden ratio fractals) on: May 28, 2016, 08:07:41 AM
I think it is possible for the price to be $1200 by the end of 2016. But for $13,000, it is not very possible.
50  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum to go up or down? on: May 20, 2016, 07:05:57 PM
The Ethereum price is highest for two months. This rise is related to the DAO. So when that finishes, it might drop.
51  Economy / Speculation / Re: If the US dollar crashed, would it affect bitcoin in any way? on: May 08, 2016, 07:30:17 AM
Yeah.

If USD goes down, bitcoin will go up. But it has its limits.

If USD really fails, I mean really, like; if the President gets headshotted, then yes Everything will be fcked but Gold.

If the bitcoin can buy 100 breads, and after the US dollar crash, the bitcoin can still buy 100 breads. So there is no difference.
52  Economy / Speculation / Re: If the US dollar crashed, would it affect bitcoin in any way? on: April 24, 2016, 08:38:31 PM
I think no, when time will come when dollar will crash, bitcoin will have its own power and its own value, it will be more independent at that time, and also dollar is not going to crash, it is getting more strength.

In longer term, the value of US dollar will decrease due to the increase of monetary supply faster than the GDP.
53  Economy / Speculation / Re: If the US dollar crashed, would it affect bitcoin in any way? on: April 02, 2016, 06:50:16 PM
The price of bitcoin is in inverse relationship with the fiat or th eUS dollar. So when the dollar crashes, the bitcoin price will rise.
54  Economy / Speculation / Re: If the US dollar crashed, would it affect bitcoin in any way? on: February 26, 2016, 10:29:44 AM
If the US dollar crashes, people will tend to buy other currencies and gold. for the time being, not many people know about bitcoin.
55  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum to go up or down? on: February 08, 2016, 12:17:14 PM
I think ETH is the best coin on the market with no competitors. The price will rise to $5 by the end of the month.

Its being pump right now let's see how this turns out.

The pump started a month ago. It is quite long. Maybe people are finding the value of Ethereum and want to buy it.
Pages: « 1 2 [3]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!