[ANN] Syscoin- FINAL 2.0 LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION*

[pagona]

i have been out of crypto last month, can someone tell me why is price up, and this buy support?

[josephliton]

270 is new stable price .

Pshhh good luck buying at 270, there's not enough selling support there. 285-300 is the current stable price for now.  But expect the price to shoot up very soon. Too many good things being delivered and much more are coming!

Right. Nothing more to say .

I have over 1M SYS and I am still picking them up when I can.

Crypto success is all about the team behind it. 30k sat will be cheap for SYS one day. Buy today & wait until that day :-)

I have 437000 Syscoin. Hope i can pick up another 563000. If price stays under ICO price i will buy every time i can until i fulfill the goal of 1M.

You already have more than 1 Million.

[pagona]

i have been out of crypto last month, can someone tell me why is price up, and this buy support?

Perseverance.

oh ok, because it looks like a pump

[sebastien1234]

Listen to Syscoin creator Coderboo and Team Manager Danosphere, on Let's talk Bitcoin!

https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-209-the-tool-for-the-job

[randywald]

270 is new stable price .

Pshhh good luck buying at 270, there's not enough selling support there. 285-300 is the current stable price for now.  But expect the price to shoot up very soon. Too many good things being delivered and much more are coming!

Right. Nothing more to say .

I have over 1M SYS and I am still picking them up when I can.

Crypto success is all about the team behind it. 30k sat will be cheap for SYS one day. Buy today & wait until that day :-)

I have 437000 Syscoin. Hope i can pick up another 563000. If price stays under ICO price i will buy every time i can until i fulfill the goal of 1M.

You already have more than 1 Million.

No, i don't have 1 Million. How would you know that?

[randywald]

i have been out of crypto last month, can someone tell me why is price up, and this buy support?

Perseverance.

oh ok, because it looks like a pump

A pump usually does not have so much buy support because pumpers buy the sell orders and set sell order again at X profit.

[sebastien1234]

i have been out of crypto last month, can someone tell me why is price up, and this buy support?

Perseverance.

oh ok, because it looks like a pump

A pump usually does not have so much buy support because pumpers buy the sell orders and set sell order again at X profit.

It's a natural pump(through continued development and ramped-up marketing) vs an artificial one(from pump and dumpers). Natural pumps have much more of a chance of being stable IMO.

[sebastien1234]

In case you missed it, DogedCoin radio has put the recorded version of their show up, listen to Syscoin creator Coderboo and Team Manager Danosphere in another interview, now!

https://www.mixcloud.com/dogedradio/five-guys-and-two-coins-the-syscoin-and-folding-coin-discussion/

[Artimunor]

i have been out of crypto last month, can someone tell me why is price up, and this buy support?

Perseverance.

oh ok, because it looks like a pump

A pump usually does not have so much buy support because pumpers buy the sell orders and set sell order again at X profit.

It's a natural pump(through continued development and ramped-up marketing) vs an artificial one(from pump and dumpers). Natural pumps have much more of a chance of being stable IMO.

Not to neg. or anything, but buy support is always faked also in pump and dump's, so that reason is invalid imho.
Futhermore natural 'pumps' dont exist that would be a contradictio-in-terminis, what you mean are revaluations for undervaluate or in value increased assets, 'pumping' is always pushing a price beyond their real world value.
Real world value is a tricky thing in crypto, something which can be only guessed at in the early days, and begins to get a bit more shape right now, but is still not really tied to any company making billions in revenue. Early on its more 'believe' based like a religion or seashells then anything else.
Please note that in contrary to previous observations I do want syscoin to succeed in being one of crypto's first real world value creators, if it's vision where to come true.

[pagona]

me to. i like sys and have few btcs here, but buy support like this is not natural rise in price because of value, it is pump and i just wanted to know if i missed some golden words behind it, but it seems not

[sebastien1234]

i have been out of crypto last month, can someone tell me why is price up, and this buy support?

Perseverance.

oh ok, because it looks like a pump

A pump usually does not have so much buy support because pumpers buy the sell orders and set sell order again at X profit.

It's a natural pump(through continued development and ramped-up marketing) vs an artificial one(from pump and dumpers). Natural pumps have much more of a chance of being stable IMO.

Not to neg. or anything, but buy support is always faked also in pump and dump's, so that reason is invalid imho.
Futhermore natural 'pumps' dont exist that would be a contradictio-in-terminis, what you mean are revaluations for undervaluate or in value increased assets, 'pumping' is always pushing a price beyond their real world value.
Real world value is a tricky thing in crypto, something which can be only guessed at in the early days, and begins to get a bit more shape right now, but is still not really tied to any company making billions in revenue. Early on its more 'believe' based like a religion or seashells then anything else.
Please note that in contrary to previous observations I do want syscoin to succeed in being one of crypto's first real world value creators, if it's vision where to come true.

Yes, my use of the terms were incorrect in the trading industry; I'm not a trader.

Your statements are all correct, it's all speculation really, but I honestly think that the price increase is due to more people hearing about Syscoin, ergo attracting investors. It's really hard to make a crypto stick out regardless of it's innovative tech. Everyone has roadmaps and claim to promise things we already offer, ours is proven in the code, people just needed to see that. And with continued development, joining SuperNET, getting recent and continued (in the works   ) press coverage, I believe this will only continue to increase; but who knows, Bitcoin often seems to go down when good news comes out.

Thanks for the support!

[EmilioMann]

i have been out of crypto last month, can someone tell me why is price up, and this buy support?

Perseverance.

oh ok, because it looks like a pump

me to. i like sys and have few btcs here, but buy support like this is not natural rise in price because of value, it is pump and i just wanted to know if i missed some golden words behind it, but it seems not

sys is on supernet now and market beta 4 began
just go back a few pages and read to know that
you are a lazy who has no desire to search about your own investments but you think that others must explain to you

[sebastien1234]

What you all have been waiting for, Sidhujag's blog post:

http://syscoin.org/in-depth-look-at-the-syscoins-decentralized-marketplace-and-comparing-it-to-the-competition

[mario012]

AWESOME BLOG POST! CLEARLY SYSCOIN IS UNDISPUTABLY THE BEST OPTION OUT THERE, SUCH A BRIGHT FUTURE AHEAD I NEED MY SHADES! 

[MR1]

What you all have been waiting for, Sidhujag's blog post:

In-depth Look at the Syscoin’s Decentralized Marketplace and Comparing it to the Competition

Page not found

[profitofthegods]

What you all have been waiting for, Sidhujag's blog post:

http://syscoin.org/in-depth-look-at-the-syscoins-decentralized-marketplace-and-comparing-it-to-the-competitionIn-depth Look at the Syscoin’s Decentralized Marketplace and Comparing it to the Competition

Page not found

Its a typo, there's a '[/url' at the end of the link when you click through, I've corrected it in the link quoted above.

[Munti]

I'm confused by syscoins pegging. The way other coins like Nubits and Bitbay use the term it ensures price stability relative to a target like USD.
As I understand it from reading the article, Syscoins pegging is really just a way to tell ppl what the current price of sys is.
Am I missing something?

[MR1]

What you all have been waiting for, Sidhujag's blog post:

http://syscoin.org/in-depth-look-at-the-syscoins-decentralized-marketplace-and-comparing-it-to-the-competition

Good article.

In the "Anonymous Transactions" section nothing is said about OB though. As far as I know they have integrated Tor.

[sidhujag]

What you all have been waiting for, Sidhujag's blog post:

http://syscoin.org/in-depth-look-at-the-syscoins-decentralized-marketplace-and-comparing-it-to-the-competition

Good article.

In the "Anonymous Transactions" section nothing is said about OB though. As far as I know they have integrated Tor.

I said Tor is not anon due to exit node vulnerability.

"If we look past the simplicity factor we may begin to look at ways that the blockchain approach is more secure than P2P. P2P networks which are not fully anonymized can fall victim to DDOS attacks (the classic TCP SYN ACK network flood attack). Given the fact that even TOR is not fully anonymized due to security vulnerabilities in exit nodes, I have a hard time believing that any of these projects claiming full anonymity with their P2P designs would actually stand the test of a reasonable length time on their claims."

I qualified valid features in the comparisons... things we know that won't work weren't worth mentioning especially. Will draw many people to comment on needless things. It was already 10 pages long.

[sidhujag]

I'm confused by syscoins pegging. The way other coins like Nubits and Bitbay use the term it ensures price stability relative to a target like USD.
As I understand it from reading the article, Syscoins pegging is really just a way to tell ppl what the current price of sys is.
Am I missing something?

Correct, pegging the TOKEN value is a total different beast.. solved by bitshares via oracles (delegate feeds) and market rules of no shorting below 10% of the peg based on price feed. Nubits has a centralized market maker to ensure peg holds but without the price feeds beign intrinsic part of the core design holding the peg up.. Bitbay wants to create a "prediction market" style peg which he claims will try to hold on its own without any rules, by adjusting inflation... we know this won't work because once broken it will be race to bottom, inflation won't fix it when broken because of psychology. I had proposed this very thing in DevCoin by pegging the value of DevCoin to try to set a rate at which writers were earning per round, but we found after analysis that, that style of peg wouldn't be the most efficient market consensus of finding true value of a token, its easy for a swan event to wipe the peg out for good and project is capput.

We DO NOT want to do this, instead we simply want to allow front-ends to figure out the price of goods based on current exchange rate... however there is a notion of a hard price peg of fees (which are not tradeable) based on say USD or BTC.. because CODB will not be known ahead of time if people are paying in SYS... the world's accounting systems work on USD so we must allow people to understand costs in USD for example. This is a hard problem that we need to solve... so that fees scale(in USD or BTC) with syscoin value.

I don't see a need to peg the token (syscoin), but a price peg tool which calculates how many SYS a given item is... is all that is needed.. nice and simple.