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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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paramind22
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February 18, 2017, 10:16:27 PM |
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This coin opened at .02 btc on Poloniex, and has fallen 99.83% there since. Currently .00003408. This brings the value in line with the rest of the world?
I know nothing about this coin, I just read the AP, it seems it actually has a purpose.
Actually, I don't know how Poloniex is listing new coins but I do not believe that someone bought this coin for 0.02 BTC. It's weird. The same "statistics" on Polo was when Pascal was listed. Do not pay attention to these numbers, GNT is up ~70%. It probably just shows the good faith of the whale community to whet the whistle....there were PASC being bought for enormous prices when it launched...if people are going to trade with ten's of BTC, then it's maybe like a champagne bottle splash of a ship being launched. It costs something but what is involved is so much greater.
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Djinou94
Legendary
Offline
Activity: 1036
Merit: 1000
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February 19, 2017, 12:14:25 AM |
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That remind me Skynet, a Nxt super computing asset Well in the reality a vaporware
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mastertrader777
Legendary
Offline
Activity: 1092
Merit: 1000
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February 19, 2017, 12:19:04 AM |
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What will the price be this time tomorrow ?
My guess is 5400 sats.
Any other opinions?
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lenyro
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February 19, 2017, 12:30:51 AM |
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Maidsafe is in alpha test, but golem is still not in any alpha test, still under development, now it is impossible to go 10k sat. It may in the future, but not now.
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luckykitty
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February 19, 2017, 12:49:22 AM |
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I dont understand after checking the website, where is link to the wallet, and how to mine this coin?
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jvper
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February 19, 2017, 01:06:18 AM |
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Those sell orders may be cancelled... This is no argument.
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paramind22
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February 19, 2017, 01:24:13 AM |
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Maidsafe is in alpha test, but golem is still not in any alpha test, still under development, now it is impossible to go 10k sat. It may in the future, but not now. GOLEM ALPHA https://golem.network/alpha.htmlCGI rendering is the first and very illustrative case of real Golem usage. Rather than using costly cloud-based services or waiting ages for one's own machine to complete the task, CGI artists can now rent compute resources from other users to render an image quickly. The payment from a requestor (in this case, a CGI artist) is sent directly to providers who made their resources available. In addition, when the artist's machine is idle, it can itself accept tasks from other users. https://github.com/golemfactory/golem/wiki/Installation
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Zaun
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February 19, 2017, 01:31:17 AM |
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I dont understand after checking the website, where is link to the wallet, and how to mine this coin?
Better check their ICO announcement, all the specs of the project https://bitcointalk.org/index.php?topic=1583902.0P.S. Good volume now it is added to Polo.
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jvper
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February 19, 2017, 01:34:18 AM |
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I dont understand after checking the website, where is link to the wallet, and how to mine this coin?
Better check their ICO announcement, all the specs of the project https://bitcointalk.org/index.php?topic=1583902.0P.S. Good volume now it is added to Polo. From experience, this frenesi usually holds for no more than 3 days, and then the price tumbles down. Watch out.
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mastertrader777
Legendary
Offline
Activity: 1092
Merit: 1000
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February 19, 2017, 03:09:48 AM Last edit: February 19, 2017, 04:19:50 AM by mastertrader777 |
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If you're getting scared now, you might as well drop your GNT off now at 3350 SATS.
DUMP them now.
Come on do it.
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lfo
Member
Offline
Activity: 85
Merit: 10
BNM founder
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February 19, 2017, 03:12:28 AM |
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drop em like its hot, there will be no fun here folks.
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Blocknewsmedia.com Blocknewsmedia.us
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mastertrader777
Legendary
Offline
Activity: 1092
Merit: 1000
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February 19, 2017, 04:20:38 AM |
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Here is your last chance to get 3500 sats for GNT.
Are you going to be scared and drop them?
Just do it now, and you can go to sleep.
Thanks.
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scamalert0
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February 19, 2017, 05:24:07 AM |
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Here is your last chance to get 3500 sats for GNT.
Are you going to be scared and drop them?
Just do it now, and you can go to sleep.
Thanks.
Best time to dump GNT .. Price will drop sooon... It's better to buy NXC tokens .. Now best time for NXC game is coming in June price may go 10×. Already 8× since launch ..
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jenifive
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February 19, 2017, 09:16:04 AM |
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Those sell orders may be cancelled... This is no argument. You forgot about stop losses that you cant see.
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jenifive
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February 19, 2017, 09:22:17 AM |
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This will be a very unpopular sentiment. I forecast that within 90 days the Golem price will fall 90%. Furthermore. I believe many crypto projects are excessively overvalued as well. I strongly ask exchanges to start implementing the opportunity to short coins, this is the only way a true market price can be determined.
Why do I believe Golem will fall 90%? While the community focuses on coin price, the total market cap of Golem has soared past $30M!!
I am a startup investor that has been involved with tech startups for two decades. Golem is a "company" with a phenomenal idea, but no proof of concept, much less an MVP. I believe $3M would be a generous valuation at this "company's" current stage. I won't argue these points with the community, I'm not here for drama, just to make an observation.
You arent that smart startup investor if you didnt find already existed proof of concept on their website https://blog.golemproject.net/why-should-render-farms-be-afraid-of-golem-3dd1b9e70f47#.91bguv6mvThey even already have alpha version of rendering system that you can use.
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GBattaglia
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February 19, 2017, 09:42:51 AM |
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I'd like to see what the expected price for Golem will be for it to be in line with the costs of using Render Street and similar. If the coin goes to high there won't be a market for rendering.
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Arvydas77
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February 19, 2017, 09:43:08 AM |
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What will the price be this time tomorrow ?
My guess is 5400 sats.
Any other opinions?
It seems that price is shrinking and it will go down today. As I said, BTC rally destroyed all the altcoins. It is like to play a game "Worms" BTC will eat everythin on its way to glory. I think it will not recover and go down to 2000 sat area and if BTC continues the rise it is possible that it will go down even to 1000 sat area. Just look, all the the altcoin markets are in blood except some idiotic pumps for no reason.
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lenyro
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February 19, 2017, 09:50:53 AM |
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ICO investors and poloniex traders are not silly, 3k sat is very high compared to ICO price, and it is still very very profitable, therefore they dumped the coins.
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