danosphere (OP)
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Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
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September 12, 2014, 02:11:44 PM |
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SYSCOIN in Business Insider article This article talks about the benefits of BTC and that the bank of England thinks it could be huge. The real interesting part is towards the end of the article where it mentions syscoin technology. Too bad they couldn't mention syscoin by name. But the exciting part of this is that this technology could have implications far beyond payment systems alone. The Bank provides some fascinating hints for just how wide the applications of this could be (emphasis mine):
The majority of financial assets — such as loans, bonds, stocks and derivatives — now exist only in electronic form, meaning that the financial system itself is already simply a set of digital records ... This development could allow any type of financial asset, for example shares in a company, to be recorded on a distributed ledger.
Bitcoin may only be temporary phenomenon but the technology that underpins it may soon become ubiquitous. According to the Bank, it could mark "a first attempt at an 'internet of finance.'" Read more: http://www.businessinsider.com/bank-of-england-report-on-bitcoin-2014-9#ixzz3D5s0w89kYou would think they copied this directly from us  . But yes, this is exactly what we already have and are working to expand on. Direct link is : http://www.businessinsider.com/bank-of-england-report-on-bitcoin-2014-9+1 That's almost a direct copy of our feature set text.  |
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Ganrom
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Activity: 89
Merit: 10
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September 12, 2014, 03:46:55 PM |
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I see that Syscoin has been added to the Allcoin exchange. BUT I have a question. It has always been suggested that you use markets that have the https security. Allcoin does not have this. Would you consider this a secure sight to do trading? Also BTC38 does not have the security feature either. Isn't this something we should be careful of?
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mwheeleruk
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September 12, 2014, 04:44:43 PM |
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I see that Syscoin has been added to the Allcoin exchange. BUT I have a question. It has always been suggested that you use markets that have the https security. Allcoin does not have this. Would you consider this a secure sight to do trading? Also BTC38 does not have the security feature either. Isn't this something we should be careful of?
Correct me if im wrong, but Allcoin does have HTTPS, and google auth. |
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jdebunt
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Activity: 1596
Merit: 1010
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September 12, 2014, 05:02:54 PM |
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Ganrom
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Activity: 89
Merit: 10
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September 12, 2014, 10:10:45 PM |
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I see that Syscoin has been added to the Allcoin exchange. BUT I have a question. It has always been suggested that you use markets that have the https security. Allcoin does not have this. Would you consider this a secure sight to do trading? Also BTC38 does not have the security feature either. Isn't this something we should be careful of?
Correct me if im wrong, but Allcoin does have HTTPS, and google auth. [/quot You're right. You have to login for it to show. I guess I was having a blonde moment. Thanks |
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Luxasd
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September 12, 2014, 11:29:22 PM |
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Still waiting for my Sys hat.
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chinchs
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September 13, 2014, 12:32:05 AM |
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Still waiting for my Sys hat.
Same here... why dev didn't configured a confirmation mail when goodies are shipped? Right now, don't know if they got my request, if it was shipped, or even if they bought more than they showed on the picture... :S   |
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cryptodaknight
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September 13, 2014, 01:58:06 AM |
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Maybe this is too much to ask right now with developers so busy, but wondering if could get some explanation as how this coin compares to NXT coin. Is there similarity, improvements, or are they very different coins.
Wondering mostly since NXT is really lot of talk right now, as seems syscoin heard can do much more than is offered from NXT.
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snipsnoop
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Activity: 924
Merit: 1000
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September 13, 2014, 10:07:15 AM |
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Ignore the FUD/Insults, we do.. |
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starblocks
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September 13, 2014, 11:07:56 AM |
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Maybe this is too much to ask right now with developers so busy, but wondering if could get some explanation as how this coin compares to NXT coin. Is there similarity, improvements, or are they very different coins.
Wondering mostly since NXT is really lot of talk right now, as seems syscoin heard can do much more than is offered from NXT.
Mmmm, hmmm |
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tobeaj2mer01
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Activity: 1098
Merit: 1000
Angel investor.
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September 13, 2014, 01:35:14 PM |
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Who are dumping SYS in this very low price, I really can't understand why.
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Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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Cor2
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September 13, 2014, 02:37:17 PM |
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Who are dumping SYS in this very low price, I really can't understand why.
Me neither, as the devs are getting closer to releasing the proper user interface for all the exciting SYS features. Probably it was someone that needed the money out, so he sold (at a loss). At Mintpal it was one dump, at Allcoin there was a series of smaller sales, each progressively lower. I am still holding, even considering buying more at these low prices... |
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EndOfBubble
Newbie
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Activity: 45
Merit: 0
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September 13, 2014, 02:54:33 PM |
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Who are dumping SYS in this very low price, I really can't understand why.
Me neither, as the devs are getting closer to releasing the proper user interface for all the exciting SYS features. Probably it was someone that needed the money out, so he sold (at a loss). At Mintpal it was one dump, at Allcoin there was a series of smaller sales, each progressively lower. I am still holding, even considering buying more at these low prices... I can explain that, because I did it several times. For example you sell at 400 on a loss, invest in other coin, get 2x profit from it, rebuy Sys at 350. Now people are selling at 200, investing in other coins and planning to rebuy at 100. |
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danosphere (OP)
Legendary
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Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
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September 13, 2014, 04:22:43 PM |
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Who are dumping SYS in this very low price, I really can't understand why.
Me neither, as the devs are getting closer to releasing the proper user interface for all the exciting SYS features. Probably it was someone that needed the money out, so he sold (at a loss). At Mintpal it was one dump, at Allcoin there was a series of smaller sales, each progressively lower. I am still holding, even considering buying more at these low prices... Yeah we can't explain the price movements but that has zero impact on our plans / work unless we get strong signals from the community the work is going the wrong way. We're still working hard here, promo #1 just started with a wide variety of partners, getting a blog post together on it right now. There is so much going on internally, its disappointing to see price dropping but those who have some vision and patience here will do very well. |
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starblocks
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September 13, 2014, 04:37:55 PM |
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Who are dumping SYS in this very low price, I really can't understand why.
Me neither, as the devs are getting closer to releasing the proper user interface for all the exciting SYS features. Probably it was someone that needed the money out, so he sold (at a loss). At Mintpal it was one dump, at Allcoin there was a series of smaller sales, each progressively lower. I am still holding, even considering buying more at these low prices... Yeah we can't explain the price movements but that has zero impact on our plans / work unless we get strong signals from the community the work is going the wrong way. We're still working hard here, promo #1 just started with a wide variety of partners, getting a blog post together on it right now. There is so much going on internally, its disappointing to see price dropping but those who have some vision and patience here will do very well. probably miners cashing in if i could guess i don't mean to be negative but why is there so many coins... 2billion total at the end of the day i just wanna know the reason for having such a large supply |
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lijiaren
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September 13, 2014, 05:36:46 PM |
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Only the prices rose will be more and more people use the SYS
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sebastien1234
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September 13, 2014, 05:38:43 PM |
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Who are dumping SYS in this very low price, I really can't understand why.
Me neither, as the devs are getting closer to releasing the proper user interface for all the exciting SYS features. Probably it was someone that needed the money out, so he sold (at a loss). At Mintpal it was one dump, at Allcoin there was a series of smaller sales, each progressively lower. I am still holding, even considering buying more at these low prices... Yeah we can't explain the price movements but that has zero impact on our plans / work unless we get strong signals from the community the work is going the wrong way. We're still working hard here, promo #1 just started with a wide variety of partners, getting a blog post together on it right now. There is so much going on internally, its disappointing to see price dropping but those who have some vision and patience here will do very well. probably miners cashing in if i could guess i don't mean to be negative but why is there so many coins... 2billion total at the end of the day i just wanna know the reason for having such a large supply Please look at the mining schedule, your children's children will have children before it get's to 2 billion.. |
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