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Showing 20 of 110 results by dazbog835
Damn every single of your call has always been spot fuckin on! Thanks!!
Try to buy those who are under the top 200 of coinmarketcap and you will make a lot of money in a few months from now.Just remember my words guys.
and Jani (before his meltdown)
what was the meltdown? can you provide any links?not trying to FUD. I'm a supporter of the ICN project. just curious
so what would be your speculation on the profitability of the SC1 and the DCR1 once they come out? Let's assume it's in June. The Bitmain ASICs have been mining for about 5 months or so. Then the Obelisks enter the stage... what happens?
Also, I know the decred asic hasn't come out from bitmain yet, but one can assume they'll be coming, right?
Also, I know the decred asic hasn't come out from bitmain yet, but one can assume they'll be coming, right?
I hate to bring the other side of the coin here but it needs to be considered.
I agree with this analysis, and I am excited in general. And have donated more than I have to any other project so far.
But if the deal goes south, or this fails becaused of any reason it will deliver a SERIOUS blow to the image of Monero. I hope they know what they are doing.
Asking the community for 4500XMR (currently nearly a half mil USD) and then not delivering would be devastating image wise.
You're right, there's always downside-risk to anything *but* I don't feel like it's quite as bad as you're thinking.
If it fails, the failure will likely be mostly limited to being visible to the Monero community: I mean, if the project flops then by definition it sort of means nobody outside in the real world saw it or benefitted from it, right? So what the world is unaware of at all, cannot damage their perception of it...
The upside of positive visibility to the world-at-large, versus risk of the downside of "yet another marketing failure" (*cough*Jaxx*cough*) to be endured by the long-suffering but still relatively tiny Monero Community seems pretty acceptable to me.
Also keep in mind that this is "just" 450000 bucks today ... i say just because yeah it sounds like a lot... but alone all those steps to do the legal stuff, integration, development of tools is pretty cheap for 450000 ... and we didnt even consider the PR effect alone this could bring ... be it a retailer for slips, shoes, pampers or used condoms :p 450000 $ is a joke for good marketing
It's actually $900,000. $450,000 is the amount required of the FFS.
IF it is successful enough to repay, it is going to do so in a currency valued probably 10x or more higher... This also makes it harder to repay. I don't know where the balance lies, so maybe someone with the time on their hands will do some thinking on that, and get back to us.
EDIT:
nevermind. found it
I've watched my ICN go from .30 eur to 5+ eur, and now it's again at the 1 eur mark... So, an honest and no FUD question. Is ICN itself worth more than this or not. I'm kinda torn, because I have other projects I would like to invest in and I have a big chunk in ICN. I would like to have something in BLX as well...
anyway, what's your opinion on ICN? Do you believe it has more value in it in the nxt few months?
anyone care to weigh in?anyway, what's your opinion on ICN? Do you believe it has more value in it in the nxt few months?
I've watched my ICN go from .30 eur to 5+ eur, and now it's again at the 1 eur mark... So, an honest and no FUD question. Is ICN itself worth more than this or not. I'm kinda torn, because I have other projects I would like to invest in and I have a big chunk in ICN. I would like to have something in BLX as well...
anyway, what's your opinion on ICN? Do you believe it has more value in it in the nxt few months?
anyway, what's your opinion on ICN? Do you believe it has more value in it in the nxt few months?
But isn't having a stable coin a good thing? A slow but constant growth connected with the growth of the network...
I don't know. This isn't bitcoin. It's supposed to be a service coin. I think the idea of having a steady, stable coin is pretty sound.
I don't know. This isn't bitcoin. It's supposed to be a service coin. I think the idea of having a steady, stable coin is pretty sound.
A couple of strange ideas about bitcoin and its relationship to other real coins (are coins like eth, xmr even still altcoins?)...
Someone mentioned that btc will inevitably fall back down to 200 usd. Which I find really surprising that someone would say that.
Then everyone comparing XMR not rising as quickly as BTC... Isn't this just more money pouring into the crpyto market? Which will inevitably also by some percentage pour into XMR. The money that's pouring in now is, I would guess, at least 30% new money. New investors, new people getting excited, finally listening to their friends after years (I've had this experience myself... at least 4 of my friends have recently joined).
Surely it's more complex therefore than to say BTC is rising, XMR isn't. So dump it.
The more I read up on XMR, the better it seems, and a huge winner in the long run.
Someone mentioned that btc will inevitably fall back down to 200 usd. Which I find really surprising that someone would say that.
Then everyone comparing XMR not rising as quickly as BTC... Isn't this just more money pouring into the crpyto market? Which will inevitably also by some percentage pour into XMR. The money that's pouring in now is, I would guess, at least 30% new money. New investors, new people getting excited, finally listening to their friends after years (I've had this experience myself... at least 4 of my friends have recently joined).
Surely it's more complex therefore than to say BTC is rising, XMR isn't. So dump it.
The more I read up on XMR, the better it seems, and a huge winner in the long run.
well this is depressing..
I repeat this over and over again. You need to have a bit more patience. Cause if you dont, you lose money 100%. For example, today Factom price went down, people paniced and sold at .0038. Immediately after that, a few hours lts, the price went back to .0045+. In short, weak hands lose money and should not be in crypto cause of that.
I know it s hard but try it. Alt pump is going to follow BTC pump anytime now.
If you cant do that, try DMD Diamond, a very nice PoS coin, solid as a rock, even with these BTC price jumps. The link is under my avatar.
This approach made my portfolio rise 800% in a year and continues to do so despite the ups and downs of the crypto market. Seems so obvious...
Pretty good article about SiaCoin
https://arstechnica.com/information-technology/2017/08/investors-poured-millions-into-a-storage-network-that-doesnt-exist/
What do you think is the biggest thing that sets sia apart from its competition? I've tried Storj. It seems more intuitive to share storage space. However, I think they might be focused on different clients?https://arstechnica.com/information-technology/2017/08/investors-poured-millions-into-a-storage-network-that-doesnt-exist/
kel-alt - Aug 9 - Fungibility - One Verge is capable of being substituted for another Verge. I don't understand your English reading skills. My take is exactly like the sentence right before you claim Verge is not interchangeable with itself.
I am stunned by what looks to me like a serious misreading of what you read.
Nope, incorrect...it would seem given that someone else also corrected you on mistaking economic divisibility for fungibility so either you do not understand fungbility or you don't understand what you wrote:
That is not what fungibility means. It means that one item of such currency is indivisible from another in the sense that one coin cannot be distinguished from another.
An example would be two 100 dollar bills. One was used in the transaction of illegal drugs, the other in the purchase of a chair. You cannot see just by looking at them which was used for which. [...] And then certain companies can say, we will not touch coins that were part of an illicit transaction. Even if this was not done by you, but by a different owner of that coin. -dazbog835
However it seems dazbog835 doesn't quite understand traceability or linkability. Most coins are not fungible, they fail what I will call the 'WannaCry Test'. Let's say I have an address known to be associated with a WannaCry hacker which we will refer to as a WannaCry Address. The question then for the test is, can I tell if coin is being sent from the WannaCry address to say, an exchange (miners can also refuse to accept such transactions in their block as well by the way). BitCoin the answer is yes it fails the test as ShapeShift and other exchanges have announced they blacklisted the BitCoin WannaCry addresses.
Verge's ledger follows the same set of protocols as BitCoin, it does not hide the true sender and true receiver from anyone viewing the blockchain. Thus, if WannaCry used Verge instead, exchanges and miners would still successfully blacklist the Verge-based coin because they only need a wallet address, not an IP address.
If there's something I don't understand about 'traceability or linkability' would you please explain. I'd like to learn
(no sarcasm)ICN moving up.Do not be surprised if it reaches $10 this time but dont be fool to sell it even at $10.Wait when it is $50 as it is possible next year
And down she goes, yet again.
I think a realistic price right now would be $6, which then it'd get dumped back down too $3.5 and repeat itself for months till we hit that $10 stage.
Patience is the key here, it really doesn't matter at all in the long run what the price is right now. The potential is there and if the team keeps making right decisions and profit, then ICN will eventually appreciate in value. It has to, as it's value will be tied with the revenue from several different streams. That's the key factor here, with correct decisions ICN's value will not be tied to mere speculation any more, the profits from the platform will do it.
So in the long run, for a long term holder, even 10 or 50 usd is small potatoes I think.
Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast
You could temporarily install a wallet like vialectrum, create the wallet using your private key, send the coins, receive coins, then close down the program, delete it, delete the wallet.dat (possibly permamently erase it, if you know what I mean), and go about your merry way.
Yes, this will work. But what you want to do totally defeats the purpose of a paper wallet, which is to store keys that have never been on a connected PC. You should create your paper wallet on an air gapped Live CD distribution so you are 100% sure the keys have no way to see the light of day on line.
Obviously a paper wallet is a better solution. But he seemed to be asking of a simple way (for someone used to the windows environment) to create a wallet. He didn't seem to be asking about the most secure way.
Yea, I'm not saying what you said was wrong... but he's probably just as secure creating a viaelectrum portable on a thumb drive, use a strong password and store the seed somewhere off line and secure incase he loses the thumbdrive (wallet.dat).
It's really strong encryption, and their entire system seems to be built very solidly.
Well, you imply as if there is consensus on this, but there isn't. Most of the economic community is torn between this being either a good thing or a bad thing. I understand that Satoshi Nakamoto's whitepaper proposed we go back to a limit system, and I don't disagree. When it's regarding money. But I don't see Waves as a currency, at least not in the long run. Not in the same way that Bitcoins, Monero, etc. are considered.
What makes the limited supply a good thing regarding a token platform like Waves?
Well I think there is quite a strong consensus on it in the cryptocurrency community.
I think it makes sense from a valuation perspective but I think I understand what you are saying i.e. that if there is restricted supply then at some future point WAVES may become so expensive that it is difficult to do the things that are the purpose of the token?
I think that is already becoming an issue with ETH. Not sure there is a perfect solution.
It is kind of paradox. You need something to have value in the markets to get the attention it needs to reach critical mass and be used. Restricted supply helps to do that but as you imply it may create inertia in the future.
One way is to constantly adjust fees (e.g. for transactions or token creation etc) but people are generally not good at dealing with decimals.
Interesting discussion. Thank you:)
Yes, that is what I was saying. If I'm completely honest, I'm having a hard time even imagining all the possibilities of token platforms like ethereum and waves. But surely, we are in the early 90's discussing the possibilities of the internet, giving examples of sending mail in minutes instead of weeks, not realizing what beast the internet will become in 25 years.
That is why I think there should be a lot of thought put in on a scale in 20-30 years time. Just look at bitcoin. It wasn't really built for this scale. And this scale is small in comparison to the number of users it's going to have in 5 years time.
is verge then trying to implement the ringct solutions monero has? If it were a tor coin with ringCTs, that would indeed make it stronger than monero. This would be the path worth pursuing. In the end we all just want the best solution. Doesn't matter what road gets us there...
Out of curiosity, why the plexiglass foundation? Just aesthetics or a heating reason?
I had some glass .the old type folk on old dressers...I put it down because of the cheap half assed controller board just sitting on the table KNC titan setup (sucks)Get it?
oh, I kill myself.thus it is a gamble
A lot of you keep mentioning this is a gamble. Sure. But so is all of crypto. I don't see how this is any more of a gamble. I feel it's even less so than a lot of other options out there.And I really like the passive income aspect. I don't have a lot of income, so in order to get more money into crypto, which I believe is the smart thing in 2017, 2018, 2019, 2020, this enables me to do that.
I was thinking, sell half, leave half in siacoin? That way I'm made full in about 4-5 months. After that, all else is profit.
And I do believe in siacoin.
Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast
You could temporarily install a wallet like vialectrum, create the wallet using your private key, send the coins, receive coins, then close down the program, delete it, delete the wallet.dat (possibly permamently erase it, if you know what I mean), and go about your merry way.
Yes, this will work. But what you want to do totally defeats the purpose of a paper wallet, which is to store keys that have never been on a connected PC. You should create your paper wallet on an air gapped Live CD distribution so you are 100% sure the keys have no way to see the light of day on line.
Obviously a paper wallet is a better solution. But he seemed to be asking of a simple way (for someone used to the windows environment) to create a wallet. He didn't seem to be asking about the most secure way.
I also hope that the Monero News will bring people from Monero to Verge.
what is this monero news you speak of?