Daedelus (OP)
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April 09, 2015, 10:55:11 AM |
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Even if it promised you great things? How long can a crypto survive being closed source? Is it recommended? Can it be compatible with the 'culture' of crypto today? Answers on a postcard
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tokeweed
Legendary
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Activity: 4130
Merit: 1461
Life, Love and Laughter...
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April 09, 2015, 11:12:48 AM |
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Closed source and crypto in one sentence... lol.
Don't ever ever trust a crypto if it's closed source.
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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CryptKeeper
Legendary
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Activity: 2044
Merit: 1055
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April 09, 2015, 04:29:02 PM |
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For a "pump & dump" investment: Yes
For a longer investment: No way
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Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
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poncho32
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April 09, 2015, 06:21:01 PM |
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I brought some Qora when it was closed source because the dev said it would eventually be open sourced. I would not buy one that would always be closed source.
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monsterer
Legendary
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Activity: 1008
Merit: 1007
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April 09, 2015, 08:42:54 PM |
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So, is the dev branch of NXT open yet?
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Daedelus (OP)
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April 09, 2015, 08:45:17 PM |
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So, is the dev branch of NXT open yet?
No, but Nxt isn't asking anyone to blindly install the dev branch on their computers.
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tarzan2
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April 09, 2015, 09:09:04 PM |
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How can you trust a closed source crypto? Perhaps for short term trading but never long term investments.. Part of the main reason bitcoin was developed is because of a lack of trust in closed currencies controlled and influenced by unknown entities. It defeats the whole purpose
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free bitcoin storage service! please send to: 1TArzAn26Wvw872Yw36JiBe21SEaypJTP
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choochimil
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April 10, 2015, 07:04:36 AM |
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Absolutely. If the market conditions are right you will make a profit like any other coin.
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EMIF
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April 11, 2015, 02:30:17 PM |
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Yes , if its enough cheap , I can buy and sell high.
But , if you ask to keep them, then it depends on devs and community.
Specifically, if youre asking for NEM , Ill keep them in my wallet.
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deluxeCITY
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April 11, 2015, 08:23:34 PM |
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Even if it promised you great things? How long can a crypto survive being closed source? Is it recommended? Can it be compatible with the 'culture' of crypto today? Answers on a postcard Your promises would not really get me excited unless you had a track record of awesomeness which unfortunately you don't, that goes for anyone else who is pushing closed source out there.. BUT... If it was closed source and was vetted by a trusted member of the community and it was promised to be open source in the end and the trusted community member gives it a thumbs up then i would buy a lot of the coin before it became open but that would be a gamble and is not recommended.
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monsterer
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Activity: 1008
Merit: 1007
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April 13, 2015, 11:18:15 AM |
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So, is the dev branch of NXT open yet?
No, but Nxt isn't asking anyone to blindly install the dev branch on their computers. 'Practice what you preach' would seem appropriate.
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3x2
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Activity: 1526
Merit: 1004
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April 13, 2015, 11:25:32 AM |
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So, is the dev branch of NXT open yet?
No, but Nxt isn't asking anyone to blindly install the dev branch on their computers. 'Practice what you preach' would seem appropriate.
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Netnox
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Activity: 2044
Merit: 1008
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April 13, 2015, 11:47:41 AM |
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Yes if it's promising, sometimes it's even better to wait before open sourcing the project so that it will be rare and catches on.
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HCLivess
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Activity: 2114
Merit: 1090
=== NODE IS OK! ==
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April 13, 2015, 11:53:10 AM |
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Are you hinting at 3000% gains for early NXT investors?
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