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Another hard fork coming in October. New Bitcoin name is "Bitcoin Gold"
Another hard fork seems to come soon. The new bitcoin will be named "Bitcoin Gold". How would you think about this?
Bitcoin Gold will be successful as like Bitcoin Cash?
Bitcoin price will go higher before and after the new hard fork?
https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/
Bitcoin Gold will be successful as like Bitcoin Cash?
Bitcoin price will go higher before and after the new hard fork?
https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/
Re: [ANN][ICO] SONM: Supercomputer Organized by Network Mining
When will the Alfa's beta be released? GNT an IEX are developping.Which one can be the first and best?
We planing to run Alpha in the next two weeks with the support of Docker containers, which will run Quake.it's very great to hear this news and perhaps we can conduct this work before ICO launching.
This is a good point to pass over the Golem and IEX project in development process. Good job, SONM Teams.
Does it meant that SONM will be used for rendering Quake by the end of May?
Re: [ANN][ICO] SONM: Supercomputer Organized by Network Mining
Just signed for SONM signature, when should I check back if I was accepted?
https://docs.google.com/spreadsheets/d/1TJPhBIgwQPynXLzDVm71ytILYiyLlB9jGJ63MBgiAgE/edit#gid=957632454
Check this spreadsheet. It contains all the accepted participants and info about their status. If you're not there yet check back daily, the SONM team are quite active and it looks like they update it several times a week, or at least once - at the end of the week and the start of the next one.
I am interested in joining the ICO and have a couple of question about the quoted postings.
What is SONM signature? Is it only for pre-ICO buyers?
Thank you for the comment in advance.
Re: [ANN][ICO] SONM: Supercomputer Organized by Network Mining
Hi, all.
I recently hear about SONM and it sounds very interesting to me.
I would like to invest in SONM, so I am wondering if the pre-ICO is ended already and the ICO starts from 05 May 2017 with a exchange rate of 1 ETH = 606 SNM.
That is what wrote in the business overview, and I am wondering if there has been any change.
Thank you for any comment in advance.
I recently hear about SONM and it sounds very interesting to me.
I would like to invest in SONM, so I am wondering if the pre-ICO is ended already and the ICO starts from 05 May 2017 with a exchange rate of 1 ETH = 606 SNM.
That is what wrote in the business overview, and I am wondering if there has been any change.
Thank you for any comment in advance.
Re: How will the Microsoft and IBM's blockchain project affect Bitcoin and Ethereum?
As long as Microsoft block gain not interfere Bitcoin block chain, we will be fine.
Microsoft is mot God of Internet, Google is. I will be more worried if Google create something similar.
So far Google has been quiet in this front, which is quite unusual.
Microsoft is mot God of Internet, Google is. I will be more worried if Google create something similar.
So far Google has been quiet in this front, which is quite unusual.
Yes, Google would be the big threat to Bitcoin and Ethereum. I am afraid that the positions of Bitcoin and Ethereum could be lowered by big companies jumping into this field.
Re: How will the Microsoft and IBM's blockchain project affect Bitcoin and Ethereum?
So far, general opinions from the replies are
(1) Bitcoin and Ethereum will not be affected because other projects including those by IBM and Microsoft targets different fields.
(2) Some of other projects are centralised and controlled by financial institutions and government bodies, so Bitcoin will be a winner due to its decentralisation characteristics.
Personally, I believe Bitcoin has more potential as system (i.e., the largest blockchain) than as currency. It is because that using two currencies at the same time in one country sounds unrealistic to me (e.g., a Wall Mart labels the price of pencil with two different currencies and the exchange rate of the two currencies varies over time) and that the money supply should be varied depending on a domestic economic condition (to manage inflation or deflation, for example).
With respect to Bitcoin as system, there are several interesting side-chain projects (e.g., rootstock) which will increase the transaction of Bitcoin when they are successful and adopted by public. Increasing in demand will definitely lead to a higher price. As others replied, IBM and Microsoft would target different fields. However, the eventual goal of the projects would be overlapped with Bitcoin as system and might disturb the increase of Bitcoin and Ether price.
With respect (2), if IBM, Linux or Microsoft provide more efficient and better platform for designing blockchain app or services, I think people would not mind building apps and programs using those platforms, because many people have credit with the aforementioned companies in terms of security and reliability. For this reason, it would not be that Bitcoin will be a winner because of its decentralised characteristic.
More comments and replies are welcome
(1) Bitcoin and Ethereum will not be affected because other projects including those by IBM and Microsoft targets different fields.
(2) Some of other projects are centralised and controlled by financial institutions and government bodies, so Bitcoin will be a winner due to its decentralisation characteristics.
Personally, I believe Bitcoin has more potential as system (i.e., the largest blockchain) than as currency. It is because that using two currencies at the same time in one country sounds unrealistic to me (e.g., a Wall Mart labels the price of pencil with two different currencies and the exchange rate of the two currencies varies over time) and that the money supply should be varied depending on a domestic economic condition (to manage inflation or deflation, for example).
With respect to Bitcoin as system, there are several interesting side-chain projects (e.g., rootstock) which will increase the transaction of Bitcoin when they are successful and adopted by public. Increasing in demand will definitely lead to a higher price. As others replied, IBM and Microsoft would target different fields. However, the eventual goal of the projects would be overlapped with Bitcoin as system and might disturb the increase of Bitcoin and Ether price.
With respect (2), if IBM, Linux or Microsoft provide more efficient and better platform for designing blockchain app or services, I think people would not mind building apps and programs using those platforms, because many people have credit with the aforementioned companies in terms of security and reliability. For this reason, it would not be that Bitcoin will be a winner because of its decentralised characteristic.
More comments and replies are welcome
How will the Microsoft and IBM's blockchain project affect Bitcoin and Ethereum?
Recently I found an article (as linked below) that IBM is launching an open source blockchain project (named BaaS) that is similar to Linux. As long as I understand, this could be an alternative to Ethereum and possible threaten the potential of Bitcoin's blockchain as the largest blockchain.
http://www.wired.com/2016/02/ibm-and-microsoft-will-let-you-roll-your-own-blockchain/
The Microsoft's project looks like aiming to provide blockchain services in its cloud, but I do not understand what it is exactly as I am a newbie to blockchain and cryptocurrency.
It would be appreciated if anyone shortly summaries these two projects in plain English and how they will affect BTC and Ethereum. In shallow view, these two projects could have a large negative effect on the price of BTC and Ether.
http://www.wired.com/2016/02/ibm-and-microsoft-will-let-you-roll-your-own-blockchain/
The Microsoft's project looks like aiming to provide blockchain services in its cloud, but I do not understand what it is exactly as I am a newbie to blockchain and cryptocurrency.
It would be appreciated if anyone shortly summaries these two projects in plain English and how they will affect BTC and Ethereum. In shallow view, these two projects could have a large negative effect on the price of BTC and Ether.
I am not an expert of encryption, so I do not fully understand the following article. However, it seems very interesting that some researchers demonstrated a way of hacking BTC private keys in a security conference in Las Vegas, US.
https://www.cryptocoinsnews.com/researchers-describe-easy-way-crack-bitcoin-wallet-passwords/
Any opinion on this? If it is true, the bitcoin price would plummet soon.
https://www.cryptocoinsnews.com/researchers-describe-easy-way-crack-bitcoin-wallet-passwords/
Any opinion on this? If it is true, the bitcoin price would plummet soon.
Thank your for your posting. It is a great help
Just take a walk down the Coinmarketcap top 50
Besides Ethereum at 15 second blocks you have
BitShares at 3 second blocks
Next at 12 second blocks
Counterparty at 20 min blocks
all have other coins/projects either building on top of their platform or selling their equity tokens in their decentralized exchanges:
for instance:
Ethereum has Augur
BitShares has OpenLedger
NXT has Jinn
Counterparty has LTBcoin
One thing you need to be aware of when buying equity in these communities is how many members there are in each:
Ethereum, BitShares, and NXT have hundreds of thousands of posts from community members around the world which is why they have high market caps:
Ether- https://www.reddit.com/r/ethereum/
BitShares - https://bitsharestalk.org/index.php
NXT - https://nxtforum.org/
which is why they are the Gold, Silver, and Bronze of Bitcoin2.O platform cryptos
Don't be fooled by fake façades, or you will be left all alone holding the bag
http://www.scvhistory.com/gif/lw2145k.jpg
http://i.imgur.com/ofBhDUx.jpg
At least when ETH, BTC, DOGE, etc fall inn price, there are angry mobs of burnt investors.
How many original community members are now holding the Expanse bag:
(hint: none)
(you are now one of the largest EXP shareholders in the world)
(congratulations, all the EXP belong to only you)
http://forum.expanse.tech/
But don't feel alone, the Crypti dev's left to form Lisk for people like you who like to join communities of only 2 members.
Here's a pro tip:
The bigger the community, the bigger the market cap (case in point BTC)
Besides Ethereum at 15 second blocks you have
BitShares at 3 second blocks
Next at 12 second blocks
Counterparty at 20 min blocks
all have other coins/projects either building on top of their platform or selling their equity tokens in their decentralized exchanges:
for instance:
Ethereum has Augur
BitShares has OpenLedger
NXT has Jinn
Counterparty has LTBcoin
One thing you need to be aware of when buying equity in these communities is how many members there are in each:
Ethereum, BitShares, and NXT have hundreds of thousands of posts from community members around the world which is why they have high market caps:
Ether- https://www.reddit.com/r/ethereum/
BitShares - https://bitsharestalk.org/index.php
NXT - https://nxtforum.org/
which is why they are the Gold, Silver, and Bronze of Bitcoin2.O platform cryptos
Don't be fooled by fake façades, or you will be left all alone holding the bag
http://www.scvhistory.com/gif/lw2145k.jpg
http://i.imgur.com/ofBhDUx.jpg
At least when ETH, BTC, DOGE, etc fall inn price, there are angry mobs of burnt investors.
How many original community members are now holding the Expanse bag:
(hint: none)
(you are now one of the largest EXP shareholders in the world)
(congratulations, all the EXP belong to only you)
http://forum.expanse.tech/
But don't feel alone, the Crypti dev's left to form Lisk for people like you who like to join communities of only 2 members.
Here's a pro tip:
The bigger the community, the bigger the market cap (case in point BTC)
I think companies and projects developing blockchain platforms have great potential in the future. So far, I only know ethereum, counterparty, rootstock and expanse are some of those. Would anyone please suggest similar projects which have high potential?
Further discussions about investing on these projects are also welcome.
Further discussions about investing on these projects are also welcome.
While his blog post is not totally untrue, i think that the matket overly reacted to his comment and exit. So, i believe the price will be back to where it was beofore his post. Plus the block size debate seems to be settled down.
I bought a Trezor with my BTC. I am cosidering to use BTC for buying other cryptocurrency.
I am also thinking of using BtC for international remittance via local BTC Exchanges. I have bank account in two countries, where i was born and where i am living. This is a lot easier than sending money overseas via the current banking system.
I am also thinking of using BtC for international remittance via local BTC Exchanges. I have bank account in two countries, where i was born and where i am living. This is a lot easier than sending money overseas via the current banking system.
In my understanding, transactions in those sidechains must be somehow validated with the main blockchain (which is Bitcoin Blockchain). This may drive up the price of Bitcoin, but I am not sure how these are related nor theories behind this.
It would be appreciated if anyone can explain this. Thank you for all the valuable comments.
It would be appreciated if anyone can explain this. Thank you for all the valuable comments.
So, it seems to need the Trezor hardware to recover a Trezor wallet.
You need a BIP39 compatible client to restore a trezor wallet with the 24 word seed.Electrum is not BIP39 compatible thus it needs the trezor hardware.
Would you please recommend a wallet compatible with BIP39?
So far, I found that someone made a code (which is not a wallet) that recovers a public address and private key from Trezor seed. Check the below link.
https://bitcointalk.org/index.php?topic=833203.0
Thank you for the comments. Yes, I agree that it may take a long journey to obtain legal enforcement on the smart contracts and it would not happen in at least this decade.
However, in the longer term, I believe that we will eventually see the blockchain technology with smart contracts (or other forms of applications) everywhere sooner or later this decade.
Big companies are currently building up own private blockchains, but sidechain projects will provide platforms for many ordinary programmers with good ideas to develop blockchain-based solutions and I am expecting that some of them would achieve a great success (like Facebook these days).
In this situations, I am wondering if the success of applications based on the sidechain will drive the price of Bitcoin. I am not clear about the relationship between the huge demand on sidechain currencies and the price of Bitcoin. I understand no one can provide clear quantitative analysis on this topic. But, I am seeking rough (but rational) explanation or prediction on this topic.
However, in the longer term, I believe that we will eventually see the blockchain technology with smart contracts (or other forms of applications) everywhere sooner or later this decade.
Big companies are currently building up own private blockchains, but sidechain projects will provide platforms for many ordinary programmers with good ideas to develop blockchain-based solutions and I am expecting that some of them would achieve a great success (like Facebook these days).
In this situations, I am wondering if the success of applications based on the sidechain will drive the price of Bitcoin. I am not clear about the relationship between the huge demand on sidechain currencies and the price of Bitcoin. I understand no one can provide clear quantitative analysis on this topic. But, I am seeking rough (but rational) explanation or prediction on this topic.
Some promising sidechain projects (using Bitcoin blockchain as a main blockchain) are going on, such as counterparty, blockstream, factom and rootstock.
These projects do not directly use Bitcoin, but use own currencies that are pegged with Bitcoin. I am wondering if any of these projects achieves a great success and becomes a global company, how it affects the price of Bitcoin.
Will it have a small indirect effect on the price of Bitcoin or large direct effect on the price of Bitcoin?
It would be appreciate if you would be able to give a basis of your prediction (rather than saying "Bitcoin price will be sky high (or will be 40k)" without mentioning rational reasons).
Any comments on this topic are also welcome.
These projects do not directly use Bitcoin, but use own currencies that are pegged with Bitcoin. I am wondering if any of these projects achieves a great success and becomes a global company, how it affects the price of Bitcoin.
Will it have a small indirect effect on the price of Bitcoin or large direct effect on the price of Bitcoin?
It would be appreciate if you would be able to give a basis of your prediction (rather than saying "Bitcoin price will be sky high (or will be 40k)" without mentioning rational reasons).
Any comments on this topic are also welcome.