I have been pondering a lot on this question about the so called whale or whales who tends to posses a very large amount of a particular coin, thus, can therefore decide and manipulate its price. Here is my question, as of today 13th Of October, 2018 according to Coinmarketcap the circulating supply of Bitcoin is 17,319,950 BTC which is valued at $109,223,445,757. In order to have a 10% effect on the price of bitcoin then one needs to own 10% or more of the total in circulation right ? That is valued $10,922,344,575 ($10.9223446 billion USD). Is there really someone or a group of people that owns 10-20% of the supply that can manipulate the price, as people do say, or is there some other way around the manipulations ?
In order to have a 10% effect on the price of bitcoin then one needs to own 10% NO... perhaps long term yes but you can dump a few 1000 btc to create flash dumps from the heard ... especially if combined with some good fud or some bad news |
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Altcoins are a threat to bitcoin and a joy to us. A new altcoin can be more modern and faster. Bitcoin was a pioneer but his time is already passing. It's too outdated.
Wrong - alts are mostly snake oil pretending to work on solving and insoluble problem with todays available hardware and networks all these 2.0 3.0 10.0 are sacrificing the important things to get fake gainzzz there are a few good alths with specific use cases butt hey do not improve apons bitcoins design really they are just more specific in their target user bases |
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Bullionaires and everyone else interested in Bullion (CBX)!
Progress has been slowed recently. The reason for this being is due to recent Family Emergencies and Personal Health issues for some of the Bullion team members.
Work has been still going on behind the scenes by the rest of the team with looking into more exchanges and setting up things for our YouTube channel as well!
Things are starting to look like they will be getting back on track shortly! We are sorry for the delay on the BPNs and look forward to updating you in the near future on them!
-Bullion Team
Oh, that is bad to hear. I hope it is nothing serious and best wishes for their full recovery. |
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no alts increasing will dilute alts to death so they will all vanish bar a few
the rest of the fanfare and hype they have created will flow back to btc as you are seeing now.
the wave of people that got burned hard and have fled back to cash will return and stick to just btc in future
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1/3 of all online volume processes through them in germany??
which stores do we know of ... any list anywhere? or is it 25000 wordpress blogs who clicked install on the utrust add on? home made hair clips and second hand butt plugs?
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Icos are destroying investor confindence in the entire crypto arena including bitcoin
for most people crypto currency is bitcoin or the 99% ethereum token shit called ico
wow 2014 ........ that went fast
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they can allow pow but ban icos
although i suspect that they will ban all except their centralised version/copy of bitcoin
if that happens then they get even further behind with things
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It's just impossible to download a full node, same problem as Ethereum.
On chain scaling has been proved to be impossible. ^
This shows why we need small blocks and a second layer for scaling.
unlike ethereum byteball has no blocks Sure, but it still has a chain of transactions which has become so massive that a full node can't be downloaded on a desktop computer. it depends on your connection speed, I think most full nodes use remote servers Actually, it mainly depends on your drive. Even with a fiber optic internet connection, if you don't have an SSD, then syncing just gets insanely slow at some point. If you want a full node, you must use an SSD. so basically byterbak get rid of blocks and get relativity fast, cheap transactions and finality in exchange for decentralization and ddos resistance? Is this worth it? Requiring an SSD isn't really sacrificing decentralization; having one dude run all twelve validating nodes is though. And having one dude hand pick a replacement for four of them isn't solving the issue. This is certainly a major issue. |
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not sure if serious...
did you buy any bridges lately?
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The mere fact this thread has still not incorporated bitbay is strange
It is clearly the best of the stable coins it's rolling democratic fully transparent and decentralised approach is in the true spirit of crypto currency
I suggested this early on in this thread.
Thank you for your suggestion. It will be added in the next update of our StableCoin report Thank you that would be a very sensible addition. |
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Go to the coinmarketcap.com and select the top five altcoins and invest on those coins. I would prefer some good growing altcoins such as Ethererum, ripple, Neo, stellar and Monero. These are the coins with low value now just invest on these coins now these coins are good for long term investment. Hold the coins with patience till the value becomes high.
lol ........not sure if serious how can those already in the top 10 be considered low value compared to other projects? if you are looking for perhaps stable growth maybe but for large ROI the top 10 will not compare to under the radar projects. |
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centralised rubbish that will fail
this is nothing like the decentralised trustless crypto currency bitcoin etc
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this should be kept on page 1 to warn all ico investors that their investments can be reduced to dust at anytime
ethereum got away with it in part because their distriubution had a large POW stage that is still on going.
I would guess a HUGE % of ICO's will be closed down in the near future or forced to be exchanged on the fringes for dust prices
POW (that were not obvious premine instamine scams) will be fine
Don't assume because you are a top 50 ico you will be safe.... those are the biggest targets and I expect them to be getting the most attention.
If I were a good dev team right now I would look up buying up OLD and fairly distributed pow projects that are now very cheap and developing those.
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The sec is going to retroactively shut a lot of ico's down in the future.
Wait until some get large enough to get their attention.
I have reduced my ico projects to a very small few that are clearly no longer or were never in violation of sec rules.
Those icos that have a 50% or larger pow period will probably be okay
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closer to 99.5 % really I would estimate.
I'm quite the optimist though so take that with a pinch of salt
there are a few excellent projects flying under the radar but I would not imagine most people who have not been studying this entire arena for years are likely to find them
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I would suggest those that will make the best returns from here on
1. bitbay
2. blocknet
3. byteball
4. pivx
5. komodo
teams with proven talent and staying power
do your own research but there are a few others that could return even better but for me less chances for those ones so didn't mention
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I think a few good suggestions...
doge -the original dev is out but I think there is some reasonable development going on right now although and has been for some time. Is this not dogethereum related. I have not been keeping up with that one.
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it must be a simple thing to get this listed on novaexchange
novaexchange had been a very reliable long term exchange for years but then announced they would close down
they have reopened and looks to be super low volume but i think it will increase again over time
I am sure the requirement to get added there now would not be that large
also can this be added to blocknet or komodo both of which are free
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add another rule
don't bother it is over crowded, full of scams and non payers
you are likely to earn more by getting a real job
support only projects that you like the idea of with no huge expectations of getting paid out
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I'm guessing that the trading volumes clause is the main reason . . . . as below:
Delisting Policy
At Cryptopia Exchange we want to provide, you, our users, a platform that is safe to trade on. We currently have a stringent listing policy which allows us to list projects that show great merit for existing blockchain technology and creative innovations for the future of the crypto space.
The following criteria are required to be met by coin projects at the time of the listing:
Active and visible development team with at least two contacts given to Cryptopia (Lead Developer and CEO or Marketing Representative).
Public and safe source code as defined by our code review.
A functioning block explorer.
Detailed whitepaper outlining the use case of the project.
Road map with milestones, preferably with some achieved.
A working and detailed website.
Is NOT a "financial product", under New Zealand law.
Positive community engagement within launch forum or similar social media spaces.
In addition to the above, we have discretion to take into account any other criteria we consider relevant when making a listing decision, and we may accept or reject a token/ coin for listing at our complete discretion. Please see our Listing Policy for further information.
Acceptance for listing does not guarantee or warrant the quality of the coin project or the truth, accuracy or completeness of any statement made by the developers and offerors of the coin.
Delistings:
There may be times when Cryptopia deems it necessary to delist a token/ coin from our exchange. Cryptopia reserves the right to remove any token or market from its exchange for any reason and without prior notice. However, in most situations we will give at least 30 days notice via a Help Centre article, market and coin info notice and an email sent to all holders of coins in delisting status 4-weeks, 2-weeks and 48-hours prior to a coin being fully delisted.
Reason to delist:
Below is a list of factors that are being constantly reviewed by our Cryptopia Service Delivery Team that may result in a token/ coin being delisted:
The token/ coin no longer meets our listing criteria.
A loss of poor communication between coin teams and our Cryptopia Listing Team.
Project is abandoned, *e.g.: No visible coin team, no working block explorer, no active updates on code repo, or no working website.
The token's/ coin's blockchain becomes compromised or there exists a possibility to be compromised based on hash rate, namely a 51% attack.
Evolving regulatory compliance requirements. Such as changes that risk the token/ coin being deemed a financial product, or any other compliance issues.
No active development of project either in code or in meeting road map milestones.
Consistently low trade volumes.
Frequent issues with deposits or withdrawals (outside of Cryptopia's control)
Insufficient nodes to keep the wallet synced and the network propagating transactions.
In addition to the above, we have discretion to take into account any other criteria we consider relevant when making a delisting decision, and we have the right to delist a token/ coin for any reason, at our complete discretion.
*From time to time we come across a project that has effectively been abandoned. This usually means users cannot withdraw their tokens/ coins from the exchange as there is no other wallet to send a transaction. In these cases, any disputes need to be raised with the developer team associated with the coin/ project and not with Cryptopia Exchange. There is nothing we can do to change this, and by removing these projects from our exchange we are creating a safer exchange for our users to trade on.
yes i agree this is likely the reason but actually the security of this coin is quite good. not sure how removing it makes it any safer for their users but still if they are not making any money on it then i guess it is reason enough to remove i hope we can get on novaexchange because they have been reliable over the years and have no volume really at the moment so should be easy to get on there. there is no point worrying about volume at the moment until we have some new development with the coin just nice to have somewhere to trade if we need although could be worth looking at going on komodo and blocknet since both are free if you know how to do it i think |
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