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Showing 20 of 54 results by cychan2
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Topic
Board Announcements (Altcoins)
Re: [ANN] DisLedger non-blockchain, distributed ledger Sept. 1 token launch
by
cychan2
on 11/08/2017, 03:12:40 UTC
"30million DCL tokens, distributed in 1,000 IP licenses per token. Provides 30 billion transactions, one year’s estimated usage of the DisLedger architecture."

1. How is the issuance/supply rate after the launch each year? I assume you won't let the network dried up of tokens after a year of usage. Is it capped or in fact an unlimited supply?
2. What do you come up with a 30 billion transactions estimate, existing customers? projected by potential customers?
3. Will there be a list of your current and potential customers provided before the launch?
4. Do you think investor should buy the coin and hold as an investment or only actual DisLedger user should buy?
5. How does DisLedger compare/compete with R3's CORDA and IBM's Hyperledger in corporates' adoption?

Post
Topic
Board Speculation (Altcoins)
Re: Anybody with $10,000 worth of BTC+Alts today should be a Millionnaire in 2025
by
cychan2
on 10/08/2017, 09:11:51 UTC
Provocative title... but so true...

Today, the market cap off all the Cryptos is north of $100B.

It is EXTREMELY low compared to the values seen in the tech world (except for some shady ICOs ;-) )

In details, Bitcoin counts for $50B mk, and if we only take the top20 alts, we are at roughly $45B mk to add, the rest being peanuts.



If we take the biggest financial places in the world:
NYSE = $16T
NASDAQ = $7.4T
...
...
KOREA Exchange = $1.3T
... etc.


http://money.visualcapitalist.com/all-of-the-worlds-stock-exchanges-by-size/
There are 60 major exchanges in the world, with a mk of $70 Trillion ($70,000 Billion!)


There are lots of sh1t companies listed to the stock exchanges as there are lots of sh1tcoins on the alts-market, it's a "reasonable" statement to compare them as they both deal with a wide array of technology companies.


-> That means a market cap of cca. $13 Trillion to reach for the crypto market. Doable, at least on paper.
Compared vs today, that is a x130 factor vs. the current market cap of the "BTC+ALTS world"

That said, if you have $10,000 worth of BTC+ALTs, you should end with $1.3M in the next years if the market raises to the aforementioned levels.
Of course, not ALL your coins will raise, and you may lose a significant part of your portfolio... but even if 30% goes to dust (or to exchanges...), you should end up with the magic 7-figure.




Your thoughts?

P.S.: if we assume that BTC will continue to trust the top and will account for at least 30%-40% of the total marketcap, it means a BTC mk at cca $5Trillion
with 21M coins, that is $250,000 per coin. John McAffee is just x2 more bullish but we are in the same realm of figures; and he could be right...


I will be very happy if this is true, but unfortunately you are comparing apple to orange.
Post
Topic
Board Tokens (Altcoins)
Re: TaaS — Tokenized Closed-End Fund
by
cychan2
on 10/08/2017, 08:33:13 UTC
Come on guys im a follower of Taas but I have 238 Taas and only receive 0.38 Eth aprox
I bought taas with 4 Eth when eth was 90/100$ by unit  so come on  !!!!!
Im very dissapointed .......If Only had my eth ....4* 300$ = 1200$ now
But with Taas 238* 2,40$ = 571$ + dividends 0.38 Eth about 80$ = 661 $
So BRAVO TAAS YOU MAKE POOR while you aRE MORÉ AND MORE RICH!!!!

But well Taas we can !!!!!

Another guy who know what is going on by making great calcs Wink I share the same point of view as you.

At that buyin price I'm figuring this was post-ico purchasing.  1 eth got about 100 taas depending how early you got in.

4 eth would = 400 taas, current low market price is ~$4 each, that gives a 1:1 valuation against the initial investment, add dividend and you're up whatever that amount is beyond had you just held ETH.

Even if the token price drops to $2 and eth is stable, over the course of a few years you should still recoup your initial cost pretty quick.  TAAS should be compared to market funds (stock market) for performance opposed to the incredibly volatile crypto market.

This one is a LONG play, if you're only looking for a quick gain/exit it's better to avoid entirely.

Exactly. Investment always looks good from a hindsight.
Think about that, ETH hit below $150 in this downturn. Try to calculate that again using ETH at that price.

Post
Topic
Board Altcoin Discussion
Re: Tezos progress?
by
cychan2
on 21/07/2017, 09:48:49 UTC
I want to same too. Currently I can only learn from Tezos reddit to see one or two posts from Arthur. Nothing relevant about the project. At least know that they are still around.
Post
Topic
Board Altcoin Discussion
Re: Don't invest in ICOs without working products.
by
cychan2
on 21/07/2017, 09:44:33 UTC
I agree with you here as well.  However, it isn't binary.

There are a lot of instances where it makes sense pending:
  • A prototype
  • Team and experience
  • Traction
  • Idea
  • Whitepaper
  • Terms



Well said.
A product readily available also doesn't guarantee a successful project. It just probably makes the thing looks not like a total scam only.
Post
Topic
Board Altcoin Discussion
Re: Will Ethereum Trading also stop on August 1?
by
cychan2
on 21/07/2017, 09:40:31 UTC
I thought only deposit and withdrawal of Bitcoin will be stopped at the exchanges. Trading shouldn't be affected necessarily as it's just accounting of trade books on the exchanges only. Not to mention Ethereum is totally on another blockchain and why should it be affected?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BOS] 🔹🔹 BOScoin 🔹🔹 Self-Evolving Cryptocurrency Platform🔹🔹
by
cychan2
on 13/07/2017, 04:41:44 UTC
i have more than 1800 BOS in my dashboard and i wanna sell it for 0.10 BTC.
please pm me if you are interested.
0.1btc per coin?or all 1800 BOS sell 0.1BTC?
all 1800 BOS, PM me.

Try to jump the boat before it sink?

Probably just scared by the recent market crash for all altcoins since BTC is comparatively stable.
>100% profit. It is nice. Normal trading only .
Post
Topic
Board Altcoin Discussion
Re: WARNING!!! Ethereum and Ethereum Classic are SCAMS!
by
cychan2
on 11/07/2017, 06:34:05 UTC
Probably your profile looks more like scam than the market cap of ETH/ETC
Post
Topic
Board Altcoin Discussion
Re: why altcoin is a bad investing?
by
cychan2
on 11/07/2017, 06:30:28 UTC
There is no such thing as a bad investment. It is just bad investor coming up with worst investment decision.
Post
Topic
Board Altcoin Discussion
Re: Is this the start of the bubble popping?
by
cychan2
on 11/07/2017, 06:28:42 UTC
Good time as a cleansing process for all the coins got pumped for no obvious reason or substance.
It is pretty a good timing for bear as there is not much exciting news around that time. But this is not forever. Aug is coming.
Post
Topic
Board Altcoin Discussion
Re: Will EOS surpass ETHER?
by
cychan2
on 10/07/2017, 06:38:34 UTC
Honestly, I don't know.
But for a new coin which doesn't even has its own coin available for purchase, transfer and being of any use on its network, the first question is whether it will still be relevant after 3 years. Also, track record does matter somehow.

Btw, I do think it would be better for every competitive offering to grow together. It helps make the ecosystem stronger, technology more mature and eventually push up the adoption. That is not a zero-sum game.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BOS] 🔹🔹 BOScoin 🔹🔹 Self-Evolving Cryptocurrency Platform🔹🔹
by
cychan2
on 05/07/2017, 06:44:49 UTC
Is it true about October .Is any possibility for earlier add to excange and all other stuff?

It is very possible to launch the tokens earlier then October.. We will make announcement if so.. Smiley
Thanks~

That's great news! Does that imply the team is making significant progress lately?
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Topic
Board Altcoin Discussion
Re: Vitalik Buterin dead in car accident?
by
cychan2
on 26/06/2017, 02:44:48 UTC
Post
Topic
Board Altcoin Discussion
Re: Hearing of a new coin to replace Ethereum
by
cychan2
on 23/06/2017, 06:54:33 UTC
Every few months you will hear that again.
Post
Topic
Board Speculation (Altcoins)
Re: Can someone explain how this alt coin bubble formed.. and why hasn't popped yet?
by
cychan2
on 23/06/2017, 06:52:45 UTC
Look at the stock market and I feel much more comfortable with my crypto.
Post
Topic
Board Speculation (Altcoins)
Re: Reduce your ETH exposure asap!!
by
cychan2
on 23/06/2017, 06:48:08 UTC
Guys, please reduce your ETH exposure. Smart money is quitting it. Do not buy or speculate on it, if you believe it long term it is ok, hold some. Just do not make your life earn Nga in it. You will regret if you so. Crash is coming.


Better stay liquid in $ or maybe btc, but this is mot the time to stay in eth.

Define what your "smart money" means first.
Crashes came several times. We saw it dropping to 1-handle. But check it the next day.
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Topic
Board Altcoin Discussion
Re: Ethereum: Good alt or stay away?
by
cychan2
on 23/06/2017, 06:44:13 UTC
Ethereum is good altcoins, because if it is not why there's a lot of people buy and invest to it? Also, if there's a problems in this altcoins I was sure it was minimize and it can handleable.

Probably that's not enough. A lot of people buying usually is not always a indicator of good project or investment.
May be it is more about the technology, the team and trust it will be up and running for a sustained period of time.
Post
Topic
Board Altcoin Discussion
Re: Vitalik openly admits he doesn't trust his creation
by
cychan2
on 23/06/2017, 06:38:14 UTC
Just try to take an investment 101 course. Ask what an investment pro's advice on how an successful Entrepreneur should handle his newly created wealth. Look at the world using different perspectives. Cryto is not the only thing.
Post
Topic
Board Tokens (Altcoins)
Re: TaaS — Tokenized Closed-End Fund
by
cychan2
on 19/06/2017, 04:02:39 UTC
Yes but my question was: how does TAAS generate profit which they will be able to share during quarterly "profit-sharing" if 1/7 of the capital has been invested in a longterm partnership which will be a HODL. Imo there is no net profit in july so nothing to share?

Hey RAGEmond,

Well, to be clear about the situation; long-term partnerships does not mean that they don't generate capital gains.

In practice, a portfolio reshuffling (not necessary but is an option if some of the positions are really hot and profitable) can happen on the last day of the quarter if needed. At any given point, we understand the FIAT value of ETH that we need to allocate for the payout and may gradually accumulate it OR liquidate some of the positions.

Thank you!


What is the investment objective of TaaS? Fostering future growth of blockchain technologies or investor's benefit?
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
cychan2
on 19/06/2017, 03:47:07 UTC