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Showing 20 of 2,408 results by BCEmporium
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Board Altcoin Discussion
Re: Is Bitcoin on the way out?
by
BCEmporium
on 05/03/2018, 04:17:42 UTC
Bitcoin hype maybe getting cold, But mostly i think its because the devs are working way too slow.
The founders are not getting their mind set on the things they should improve on.
There are no "founders" for Bitcoin. And people who write code for Bitcoin are doing just fine. Testing for LN is going full force, and RootStock is making progress as well.
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Board Altcoin Discussion
Re: Wow! So much FOMO news on the Ripple XRP token atm.
by
BCEmporium
on 05/03/2018, 04:16:47 UTC
Banks don't care about Ripple and don't want to use their coin. They only care about the software that runs it, but they're not going to use Ripple, which defeats any case that could be made for buying into XRP.

Do people really think banks will go with ripple whose devs own half of the supply themselves?
People do, yes.

But it's the same people that thought that BitConnect was legitimate.
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Board Altcoin Discussion
Re: How interested are people in cryptocurrency in your country?
by
BCEmporium
on 05/03/2018, 04:14:33 UTC
Not very. People talk about it but nobody really wants to plunge in apparently.
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Board Altcoin Discussion
Re: Is Bitcoin on the way out?
by
BCEmporium
on 05/03/2018, 04:11:13 UTC
It's called SegWit... Transactions are faster and cheaper now, so the backlog is smaller.
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Board Altcoin Discussion
Re: In which coins to invest my $2500? Ethereum, NEO, Bitcoin Cash, Gas, or Waves?
by
BCEmporium
on 05/03/2018, 04:03:58 UTC
It is better to invest 250 $ in 10 coins...
It's better to invest into less coins if they are properly research. Investing in 10+ coins is only worth it if you have a lot of time to analyze them.
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Board Service Discussion (Altcoins)
Re: KYC of bounty hunters
by
BCEmporium
on 03/03/2018, 17:24:58 UTC
Why are we even considering KYC for bounties? I get it its to stop the cheaters, but there are lots of other ways to control this. This KYC thing on crypto is very absurd, reason why we are all gathered here its because we love the idea of being anonymous. We shouldn't encourage nor allow this process it is downright an insult to bitcoin and the cryptocommunity.
It's not to stop cheaters. It's to collect and sell data.
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Board Altcoin Discussion
Re: In which coins to invest my $2500? Ethereum, NEO, Bitcoin Cash, Gas, or Waves?
by
BCEmporium
on 03/03/2018, 17:24:25 UTC
I put most of my money in NEO as my crypto-bank.

This is since NEO pays me a generous 4 to 6 %/year worth in terms of NeoGAS + it is pretty stable and its price is expect to only get stronger into 2018.

ETH is a safe bet, however there is a war brewing against the ETC community making it unstable + any significant improvement on it will be slow due to the already large user-base (demanding backward-compatibility + consensus amongst miners). Also due to its already very high MCAP, the %Gain possible is so much lower than what NEO can easily accomplish (given the same amount of new investors injection of funds).

VeChain will be doing the same soon once the VEN token gets linked to their new "Thor" coupled currency.


There are some ppl who are speculating on NeoGAS as a much better buy in the shorter term than NEO, as the demand for GAS will skyrocket as more NEO-based ICO pops up; while NEO's value (the stock issued that generates GAS) will increase significant as the amount in circulation reaches its max supply.

Also I do not trust the WAVEs team, and had sold all my waves coins after finding out that they have plagiarized code from the super hardworking and capable Cardano team of PhDs w/o even crediting them. Also the very need of Wave's team to use other team's codes do not speak well of their own ability to innovate and competence IMO.
Source to the plagiarizing allegation? Waves has been around far longer than Cardano so I'd be surprised if that was true. Not that it would be very relevant.
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Board Altcoin Discussion
Re: In which coins to invest my $2500? Ethereum, NEO, Bitcoin Cash, Gas, or Waves?
by
BCEmporium
on 03/03/2018, 17:23:06 UTC
with $2500 you can buy waves and hold for long term period
i believe waves will be the next eth, even somebody said waves will replace eth
but you should do a research by yourself first before decided to invest in waves

This could actually happen if you compare fundamentals.
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Board Altcoin Discussion
Re: Apple, Facebook, Google Blockchain can force people to adapt Crypto
by
BCEmporium
on 03/03/2018, 17:20:21 UTC
We're already past the point where the blockchain can be stopped. It's now just a matter of time until it becomes a mainstream technology.
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Board Altcoin Discussion
Re: WARNING DeepOnion is a SCAM, proof inside!
by
BCEmporium
on 02/03/2018, 00:48:15 UTC
If DeepOnion is a scam why some people are millionaires now? This is the best privacy coin today, DeepOnion is legit, Well organized and have a best planned not only about the project, but also to their members in the community, If you don't believe me come and join us today and you'll see how strong and loyal we are
What kind of argument is that? You can scam people and become a millionaire that way. Doesn't mean it's not a scam. And doesn't mean you won't go to jail like the BitConnect goons are about to.
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Board Altcoin Discussion
Re: LTC or Eth as payment solution
by
BCEmporium
on 28/02/2018, 10:37:54 UTC
Ethereum is definitely my favorite coin overall , but it doesn't look like it's ultimately going to be an ideal payment solution.  Something cheaper and more efficient is going to be needed for that purpose.
Such as Lightning Network.
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Board Altcoin Discussion
Re: LTC or Eth as payment solution
by
BCEmporium
on 28/02/2018, 10:28:58 UTC
As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?
Litecoin is more efficient for payments. Ethereum's forte are tokens and smart contracts. But that will change in the future as well with Bitcoin and Litecoin getting smart contracts of their own.
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Board Altcoin Discussion
Re: Why is DOGECOIN pronounced as DODGE-COIN and not DOG-GIE COIN?
by
BCEmporium
on 28/02/2018, 10:27:37 UTC
Just wondering.

I think the latter makes a lot more sense, and much cuter.
Because it doesn't represent the word "doggie". It's a meme, spelt doge as opposed to dog, which turns the g soft.
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Board Altcoin Discussion
Re: WARNING DeepOnion is a SCAM, proof inside!
by
BCEmporium
on 28/02/2018, 08:31:48 UTC
As some others have pointed out, a "Ponzi scheme", by definition, requires initial monetary investment, which is then used to pay the first investors, so those entering last are burned.  No initial investment, other than a little typing was required.  If you're going to call DO a scam, at least be more accurate.

There hasn't been a mandatory upgrade of the wallet in quite a long time.  You may still compile the code from GitHub and have a working wallet.  Later, non-mandatory, upgrades to the wallet, after the introduction of DeepVault are closed to review, however if you do not wish to use that proprietary DeepVault, then, yes, the code is open source.  I think I've used DeepVault once, not a feature I really need, so, if I wanted to simply stake or hold Onion, I could use the open source, if I cared to compile it myself, from GitHub.

I dislike misinformation being spread, and I would like to know if anything I've typed is factually inaccurate.  Once I investigate your claim, I'll happily correct myself.  Now, just for arguments sake, making statements like, "I feel DO is a scam...." is not something I'd even entertain, your feelings have nothing to do with it, neither do mine.  What I want to know is, can you compile a functional wallet from open source for DeepOnion?  Yes, you can.  Therefore it is effectively open source.  Was a monetary / fiat investment required to initially join the "modified airdrop"?  No, there was not, I was here at the beginning.  A minimum is required now, with, nine, I think, rounds left to go, so, break out your Funk and Wagnall's but that fails the definition of a "Ponzi scheme".

Closed versus open source and "Ponzi scheme" seem to be the arguments thrown around the most, and they appear invalid.
Seems like you made a valid point here.

A Ponzi scheme doesn't require any monetary investment, it's a scheme whereby value is transferred to the creators of said scheme.

When talking about ponzi's in crypto, it takes on a whole different meaning due to the natural creation process of crypto, being creating from mere code, essentially out of nothing, based only on trust.

And to every person who's entering DeepOnion after their "17th airdrop" you've have entered into this ponzi scheme unknowingly (you have invested real money into it, or some serious hours of time), and you're actively marketing the coin to acquire more value to your investment, welcome to the free-coin-prymaid-scheme.

The entire operation is Ingenious, and their marketing/community and coin all coupled together, is virtually unparalleled. But, the markets say otherwise, despite countless hours of marketing, the coin itself remains insignificant, with meager volumes and even a more meager mcap. This ultimately is the biggest tell in what people think about this coin.

DeepOnion will not be the last coin to implement "The Onion scheme" in crypto, it's only the beginning.

Consequences for these levels of corruption will be dealt down on the creators/team of DO, through government intervention or karma. There are countless stories to be told, by former individuals who've seen the insides of the entire process, and it isn't pretty. DO could of easily been one of the best coins to launch, but the morons behind the scene's lack all: vision, experience, knowledge and ultimately the ability to understand criticism/feedback.




Does this resemble some process to you?


Anybody who still doesn't get it after this explanation and all the other red flags that have been raised can't be helped.
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Board Altcoin Discussion
Re: Would you choose stress free investment
by
BCEmporium
on 28/02/2018, 01:56:28 UTC
After a while here in the forum I read a lot of members worrying about there crypto investment/trade. I would rather choose a stable and highly trustworthy altcoins to invest for the long time rather than chasing those coins thru trading. I find it super stressful to read those people losing large amount of their hard earn money.
Crypto isn't "stable" at all, that's why there are so many opportunities... and risks.

If you know how to read the markets you can make a killing. If you don't you'll lose money. It takes time, effort and discipline to get good at investing and trading, and most people give up very early.

Only like 1-10% survive for a few years, and barely 1% is successful at making a living and building wealth.
This is true not only for financial markets, but for every discipline. I don't know where the rule comes from, but the majority of people never make it far...

If you want to belong to the 1% you'll have to work hard at it. Read books about financial analysis if you don't know how to do this on your own. That can give you an idea of what to look out for.
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Board Altcoin Discussion
Re: Can I name my coin "Bitcoin XXX"?
by
BCEmporium
on 25/02/2018, 22:56:56 UTC
You can do whatever you want, but every coin that is named Bitcoin xxx, Ethereum xxx, or anything like that is by default a shit coin that is trying to piggy back.
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Board Altcoin Discussion
Re: Top Privacy Coins
by
BCEmporium
on 25/02/2018, 22:55:23 UTC
Which are your favourite privacy coins?

&

Which essential features of a privacy based currency have your picks implemented?

 Smiley

is the Best and reason is its Handled from telegram and its not only privacy coin but it is messenger based. BITSUM use CRYPTONIGHT Algo.
 BITSUM Have High Degree of Confidentiality in Transactions.All your Transaction will Be Private and Secure, Send BITSUM Anywhere in the World.
How exactly are you supposed to retain privacy when using a messenger that is linked to mobile phone numbers...?
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Board Altcoin Discussion
Re: In which coins to invest my $2500? Ethereum, NEO, Bitcoin Cash, Gas, or Waves?
by
BCEmporium
on 25/02/2018, 22:53:47 UTC
Avoid BCash. If we were in regulated markets the people behind BCash would be going to jail for market manipulation and collusion.

Investing in NEO over Gas seems senseless, since you can gain Gas by staking NEO. Waves has the highest potential short-term multiplier, but nobody knows if it will catch on or not right now. Ethereum is the go to for ICOs, at least currently, so it at least shouldn't lose your money (although that is always a possibility).

In general, do your own research and be careful whenever somebody tells you what to do with your money. They're probably trying to exploit your lack of knowledge in one way or another.
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Board Altcoin Discussion
Re: WARNING DeepOnion is a SCAM, proof inside!
by
BCEmporium
on 25/02/2018, 22:49:47 UTC
DeepOnion does not promise any high returns, 4% a week is even less than other coins with similar airdrops offer. Price is also not guaranteed to always go up.
Stop using a term "Ponzi", don't make a fool of yourself. The post that is literally above yours also shows why this is wrong.
And if you are doing it intentionally to piss holders off then you are a jerk Smiley
I wonder who is more credible. An ad hominem fool, or somebody who points out the obvious without any regard for personal profit.
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Board Altcoin Discussion
Re: WARNING DeepOnion is a SCAM, proof inside!
by
BCEmporium
on 25/02/2018, 22:48:31 UTC
As some others have pointed out, a "Ponzi scheme", by definition, requires initial monetary investment, which is then used to pay the first investors, so those entering last are burned.  No initial investment, other than a little typing was required.  If you're going to call DO a scam, at least be more accurate.
This is not true. You need to own coins to get anything from "a little typing". So it's a ponzi with extra work involved for those who are being ripped off.

We're speaking at cross-purposes.  When the airdrop first started, no initial investment, as I said, was needed.  The coin wasn't even on an exchange, and couldn't be purchased, so again, it doesn't follow the definition of a Ponzi.  If you participated, you received some Onion, and it was only much, much later that the holding rule was removed.  The team literally gave the crypto away based on the rules laid out in the original signature campaign.  As I said, it was "just a little typing".  You could not buy Onion in the beginning even if you had wanted to do so.
Time is money. A little typing is not free. And you very well could buy Onions. They were also mineable and had a ridiculous amount of hash rate dedicated to them from the very moment they became available, which implies collusion. Everything about this is fishy and since the moment the rules changed it turned from shady to outright ponzi.