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Showing 5 of 5 results by Elmer-Fud
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Re: [ANN] BlockMedx - Combating the Opioid Crisis on the Blockchain
by
Elmer-Fud
on 24/12/2017, 06:16:10 UTC
I showed up here with intentions to FUD this forum. I have no idea why there is not mass activity here but it looks to be kind of slow. This is a good project run by real people. My guess is that the bulk of the people would rather contribute to vaporware developments that never get developed and are always backed by people with unusual sounding usernames and never short on pretend dream scenarios. So if I can't FUD this project I might as well support it until word gets out and a solid community begins to form.
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Re: [ANN][ICO] LOCI Thinking Better. Together.
by
Elmer-Fud
on 15/10/2017, 02:14:35 UTC
Hello everybody! It is true that the date of the LOCI ICO is postponed? It is a pity... Undecided I was really interesred in this project. Until what time, who knows?

We will announe the new dates very soon

Being mid October now, I think its incumbent that the Community knows the dates soon otherwise it will begin to look like Q1 2018 which in my opinion would be a disaster.
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Re: [ANN][ICO] LOCI Thinking Better. Together.
by
Elmer-Fud
on 15/10/2017, 02:06:28 UTC

I found this site looking for a better way to search patents. Now I am very interested in cryptocurrencies. I read somewhere that Ethereum is expected to reach over 200,000 in the next two years.  My Question is does Ethereum’s value effect Loci Coins value and/or visa versa?

Bitcoin could hit an amount like this in the next 10 years. However Ethereum (Ether) which has 4.5 times as many coins as Bitcoin would have a hard time getting to $200k USD. First that would mean that the costs of utilizing Ether to create Smart Contracts would be far to expensive to execute. Plus unlike Bitcoin which has a cap on the total amount of Bitcoin created ever at 21 million, it automatically creates built in anti- Inflationary measures under 'Moores Law'. Ether will become a staking coin under 'Casper' thus not have a hard capped limit these features then become slightly offset although 'Moores Law' was surely seen mining Ether however that will change when Ethereum moves to 'Casper'. Although like I said $200k is a bit high for Ether but even if it did happen it would hardly have any effect on an autonomous coin on the Ethereum Blockchain other than providing a secure Network for the LOCI Layer to function.
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Re: [ANN][ICO] LOCI Thinking Better. Together.
by
Elmer-Fud
on 15/10/2017, 01:36:58 UTC
how is it that LOCICoin will never drop below $2.40.

This is impossible. The free market determines the price once trading begins. It would take a massive buy wall that could withstand the dump or it would take a couple million dollars in Bitcoin to hire a team of professional market makers.

Please source where you located this logical fallacy and the reasoning behind it so that I can debunk it in minutes with my eyes closed? Thanks!

~EF
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Re: [ANN][ICO] LOCI Thinking Better. Together.
by
Elmer-Fud
on 15/10/2017, 01:30:38 UTC
Hi I cannot join the slack. Can you fix the link? thanks

I tried the same thing and had no luck either.