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Showing 20 of 66 results by christianb35
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Topic
Board Speculation (Altcoins)
Re: Altcoins that might survive in the future?
by
christianb35
on 08/08/2018, 19:24:22 UTC
There's only one that I know of: NANO

- Bitcoin based crypto currencies like Bitcoin cash, Litecoin, Ethereum..., have a few major issues, one being that their ledger keep growing, much faster than the Moore's Law and it can't be pruned. Also PoW is not sustainable and their fees and limited and slow will get them replaced by another technology.

- Most if not all aternatives to Ethereum (smart contracts coins), are not proven concepts and may fail.

- No comment about ICOs

- EOS centralization is a big issue
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Topic
Board Bitcoin Discussion
Is Bitcoin responsible for this bear market?
by
christianb35
on 08/08/2018, 18:46:40 UTC
Bitcoin started going down when its fees became unacceptable... even for traders. Now with the Bitcoin TPS down the fees are again acceptable but the hype is gone. So what brought this hype in the first place? I think it was Bitcoin usage that was going up but since Segwit merchants only stop accepting Bitcoin, in fact, Bitcoin can't be use as a currency anymore...

We currently only hope for an ETF to get new money in but shouldn't we be looking for an alternative to Bitcoin like Bitcoin Cash?
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Topic
Board Altcoin Discussion
Re: what happens to the nano?
by
christianb35
on 08/08/2018, 15:19:38 UTC
There's simple reasons why NANO went down that much:

- It went up way too much way too fast (it was a record I think) ... just before the bear market
- Bigrail fiasco (imagine MtGox in a bear market)
- People prefer investing in ICOs than a working product... for the quick profits but I dont think this will last.

And finally... this down trend makes people panic and stay away, but it wont go down forever, I personally think that it reached the bottom.
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Topic
Board Altcoin Discussion
Re: NANO's Crash Explained - The rise of DIECI
by
christianb35
on 06/08/2018, 21:57:43 UTC
I know this thread is just about promoting a scam coin, so sorry for bumping it but I want to clarify why NANO went down more than other coins:

1) It went up way too fast, I even think it was a record in the history of crypto
2) Bitgrail fiasco... imagine MtGox in this bear market
3) People prefer to invest in ICOs and scam like the one mentioned above, instead of working products
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Topic
Board Altcoin Discussion
Re: Is NANO a best coin out there?
by
christianb35
on 04/08/2018, 16:00:59 UTC
NANO is the most decentralized coin (everyone build their own blocks and choose their representative to prevent double spent)
It has the fastest (less than 2 second) and cheapest (0 fee) transactions
It is the only coin that can scale because its ledger can be pruned
It has no inflation, it is green, was not distributed with an ICO, its technology (Block Lattice) is at the same time cleaver and simple.
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Topic
Board Altcoin Discussion
Most over sold alts
by
christianb35
on 04/08/2018, 03:16:11 UTC
I start: NANO.
1) The most down from its all time high value after Bitcoin Diamond
2) A completely new technology that is already being re-use by many ICO
3) A working cryptocurrency that brings greatly needed features: very fast transactions, 0 fee, scalability including a ledger that can be pruned...
4) It has 0 inflation and at least 20% of the coins are frozen (Bitgrail wallet, developer funds, faucet tests)
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Topic
Board Altcoin Discussion
Re: NANO - What are your thoughts?
by
christianb35
on 04/08/2018, 03:07:07 UTC
I just know that one day NANO will take over the crypto market, its technology is already being re-use by many ICO and while those ICO have their place is they bring different things like smart contracts, NANO is to Block Lattice what Bitcoin is to Blockchain.
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Topic
Board Altcoin Discussion
This crypto exchange charges 0 deposit, trading or withdrawal fees
by
christianb35
on 04/07/2018, 03:48:55 UTC
It is the BananoBot++ available in BANANO discord: https://discord.gg/mHUQ335
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Board Altcoin Discussion
Topic OP
Taraxa : Fork of NANO focusing on IoT and Smart Contracts - By Garry Tan
by
christianb35
on 03/03/2018, 03:38:26 UTC
Garry Tan, AKA "Earliest seed investor in @coinbase", Is starting a new cryptocurrency: taraxa.io which will be base on NANO technology called "Block Lattice" which provide the fastest, cheapest and most scalable transactions on top of which they will add smart contracts and support for IoT devices.

Tweet: https://twitter.com/garrytan/status/969682254090813440

Tweet about the fork: https://twitter.com/reedvoid/status/969692266041196544
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Topic
Board Altcoin Discussion
Re: Charlie Lee is moving from Litecoin to NANO
by
christianb35
on 28/02/2018, 22:01:15 UTC
He's not 'moving', he bought some NANO....
True... for now he just said that the technology is "pretty neat" and what it provides is "good to be true" and that he bought some.

But as far as I know he never promoted any other coin other than BTC and Litecoin, even less a coin that is a direct competitor to Litecoin... Also the fact that he made his own research before doing this tweet shows that he is serious about it.

Will he ignore NANO for now on, or focus equally on Litecoin and NANO even though they are competitor or move to NANO ... that it still to be seen.
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Topic
Board Altcoin Discussion
Topic OP
Charlie Lee is moving from Litecoin to NANO
by
christianb35
on 28/02/2018, 21:27:28 UTC
Charlie Lee looked at NANO 2 days ago: https://np.reddit.com/r/nanocurrency/comments/80c6fg/questions_about_nano_from_charlie_lee/

And it look like he adopted it: https://twitter.com/SatoshiLite/status/968931625001140224 ... even though it is a completely different technology and a direct competitor to Litecoin (fast and cheap transactions)

What does it mean for Litecoin and Bitcoin (the coins he was strongly supporting) ?
Post
Topic
Board Bitcoin Discussion
Is the Lightning Network just a mirage to make people think that all issues..
by
christianb35
on 07/02/2018, 22:44:12 UTC
... will be fixed?

From what I understand, it has way to be used:
1) The situation of everyone currently
- You open your own channel
- Do a transaction on the Bitcoin Blockchain to fund the channel
- The recipient to need to join your channel
- You do the transaction over the channel
- Do a second transaction on the Bitcoin blockchain so that the recipient get official the amont transferred.
So 2 full transactions plus a lot of steps to do 1 transaction, is it me or this is not a good deal?

2) You already have coins deposited to a central entity
- The recipient connect to that central entity (if they are not already connected)
- You send the amount through that central entity
- If the recipient dont plan to re-use this centra entity they do a full transaction on the Bitcoin blockchain to collect their coins
This scenario can be good .... if the LN becomes fully centralized and everyone is connected in some way to this central entity. But then.... is it not what Bitcoin is all against? "But we can always go back to the original Blockchain" What will happen with transactions in progress if this central entity goes down? This central entity can charge fees, can't they over charge if they centralized? LN is suppose to have almost unlimited scalability... but if it is centralized it will be limited by this central entity?
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Topic
Board Bitcoin Discussion
Re: is bitcoin over?
by
christianb35
on 06/02/2018, 03:23:33 UTC
Bitcoin scared people away... when it reached 18-20k USD, it was more than unusable, it was a real joke, you had to pay nearly 20$ to get your transaction and receive it within 6 hours, Bitcoin also has no short term scaling solution and the only hope is the Lightning Network which is really an obscure thing that really no one can tell if it will work or not.

Lets stop saying that Bitcoin is the #1 coin, there's plenty of much better alternatives. We need to focus on those alternatives if we want to attract merchants and not scare them away which is what was happening.
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Topic
Board Altcoin Discussion
Lets move on to NANO Era
by
christianb35
on 01/02/2018, 20:50:05 UTC
I know that Bitcoin should be respected and if Bitcoin go down alt coins will follow because their value is tie to it, NANO can only be traded with Bitcoins for example (or Ethereum).

But It has to be said, Bitcoin has reach its maximum capacity and it shouldn't be promoted more.

Bitcoin was the leader and is the first official decentralized currency and so it provides a good way to store money:
- It is secure
- Can be moved all around the world
- Immortal

But now its move on to a technology that also offers
- 0 transaction fee
- 0 inflation
- Instant transactions
- Unlimited scalability

That is NANO.

The sooner we will start using NANO instead of Bitcoin, the sooner we can reach mass adoption, there's no way around to me. Bitcoin can't do what it was mean to do.

https://www.spiria.com/en/blog/geek-culture/nano-new-cryptocurrency-technology
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Board Altcoin Discussion
Re: DAG Tech - the real blockchain
by
christianb35
on 29/01/2018, 23:59:01 UTC
The real blockchain is RaiBlocks, as oppose to what people think its completely different than IOTA and IoTChain. DAG is just a very generic term (even bitcoin has its own "DAG").

RaiBlocks is fully decentralized and a very simple technology (white paper of 8 pages, just like the first one of Satoshi Nakamoto). The technology is called Block Lattice. Performance wise it is far beyond any other Blockchain technology currently, including other using a DAG: http://i.imgur.com/oRpO8lc.gif
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Board Bitcoin Discussion
Re: Newbies to crypto cut that negative shit out about Bitcoin.
by
christianb35
on 26/01/2018, 23:40:12 UTC
When I talk to people about the Bitcoin, they can only laugh: This currency that cost 10-15$ every transaction, takes 3-6 hours to transfer, it is backed by Miners that consume more electricity than our entire country, it has more inflation than fiat and if it is not enough, there's no one to protect you if you loose your private key or it get stolen.

I totally agree to this:

Crypto market was almost 1 Trillion 30 days

The reason the alts crashed is due to shitcoin being tied to it all

The exchanges all need to untie crypto to the failed shitcoin that Bitcoin is

Then crypto will prosper

The problem is bitcoin

I'm in shitcoin since $5 bucks

Cashed out $19k

We can keep waiting for the lightning network, believe that it will fix everything, but really the hard reality that the Bitcoin technology is not designed to scale will one day be impossible to hide.

At the opposite there's new technology that learned from Bitcoin and that fix all its issues.

When I talk about RaiBlocks : 0 fee, 0 inflation, instant transaction, faster than VISA, almost unlimited scalability, green and as much decentralized as Bitcoin. That's something that can attract people to Crypto.
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Topic
Board Altcoin Discussion
Re: Worth buy XRB (RaiBlocks) at the moment?
by
christianb35
on 24/01/2018, 23:13:06 UTC
I'm like you and now I'm waiting to see it under $10 to buy.
Is there any official news about Binance listing?? Because then XRB will easily hit another ATH.
Official news: https://support.binance.com/hc/en-us/articles/115003874552-Binance-January-Community-Coin-RaiBlocks-XRB-
16 days ago and the vote was won almost 20 days ago so I can't believe that it will be much longer before they add it.

You can "hope that it will go bellow 10$" but seriously, look at the graph,  it doesn't want to go bellow 12$, so you will be missing a 100%+ return because you wanted to save 20%, considering that it will be back at 12$ because now its a 14.50
Post
Topic
Board Altcoin Discussion
Re: Worth buy XRB (RaiBlocks) at the moment?
by
christianb35
on 24/01/2018, 22:46:42 UTC
And its now down to $13 as of this writing.  I think there are lots of questionable factors with this coin, especially concerning security that needs to be addressed.
As I pointed above, XRB is designed to be more secure than Bitcoin, there's certainly a bunch of minor things that need to be addressed, it is still in heavy development and with reason: It is a completely new technology.

As for the market... well we all know that this market everything but reasonable, its the last thing that you must base yourself on to determine if  a coin worth investing. There's reason why XRB stopped its pumping, mainly:
- issue with the exchanges - fixed
- Binance being slow to add XRB  - XRB team just has no control on that, but it can be at any moment now: https://support.binance.com/hc/en-us/articles/115003874552-Binance-January-Community-Coin-RaiBlocks-XRB-
- Lack of shiny news

Another reason why XRB is a good investment right now is that the support at its current value (12-13$) is VERY strong, if you look at the graph, it been hitting it many times and always goes back up after. XRB wont go below this 12-13$ and may fly at any moment with Binance.

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Topic
Board Altcoin Discussion
Re: Worth buy XRB (RaiBlocks) at the moment?
by
christianb35
on 24/01/2018, 18:25:09 UTC
Hmm there are some questionable and very serious concerns about Raiblocks, especially regarding security.
Can you elaborate?

Technically XRB is even more secure than Bitcoin:
- Instead of relying on Miners that do this just for the money, they are getting more and more centralized and it is getting worst as better hardware comes out and it already happened that a mining pool attempted to mine blocks at their own advantages, even invalid blocks. Raiblocks rely on representatives which do it just because they have the hardware in place (they run a business or an exchange...) and people choose who they want are representatives. So RaiBlocks network is kept safe by trusted people.
- A bitcoin "pending transaction" means nothing because it may never be put in a block (which is very possible right now while the network is more than saturated). In RaiBlocks a pending transaction is almost a completed transaction: unless it is a double spent, it can only be valid.
- Bitcoin blocks can vary, there's no guaranty that a block be "the one accepted by the network", so you have to wait for multiple confirmation to be sure. In RaiBlocks, again, the only possible misleading information that require representatives to vote is a double spent.

Some can always bring, "I heard that you can send money to yourself" or "If you do this and this and run a node on an unsafe netowrk you are vulnerable to a man in the middle attack) ... Come on... Give it a chance RaiBlocks is in active development and those details will be quickly fixed. What matters is that the ledger and technology are very solid.
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Topic
Board Altcoin Discussion
Re: Worth buy XRB (RaiBlocks) at the moment?
by
christianb35
on 24/01/2018, 17:59:12 UTC
PLEASE... stop associating XRB with IOTA .. They have NOTHING in common... other than having 0 transaction fees. It is actually the only good thing about IOTA. XRB in comparaison:
- Is fully decentralized
- Has really instant transaction, faster than any other coin (it currently average ~1.7 second and it can be improved)
- Is really scalable, it has been tested to handle 7k + TPS
- It is truly open source, the dev are sharing everything they do which make its development grow exponentially, there's currently 3 wallet in development at the same time for example

XRB is not DAG, or well not the "IOTA DAG", its a block lattice, a much simpler and effective technology. For example, the IOTA white paper has ~26 pages, the XRB white paper has 8 pages.