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Showing 17 of 17 results by jrossIV
It is the difficulty of basic use, the ease at which you can lose all your funds, and the bells and whistles it takes to purchase a crypto-equity. Especially one of the major ones like BTSX or NXT that isn't BTC.
Re: It looks like Ripple has taken the 3rd spot from BTSX on coinmarket.
It seems like Ripple fighting back strengthens its top 3 position just a mere 1 million market cap.
Yeah Ripple definitely fighting back. It will be interesting to see what happens in the next few weeks.
IMO BTSX has sick value in terms of what can it do. How does functional value relate to market cap? That's the 25 million dollar question.
You read and read about it and no one wants to say they know it will work, but everyone seems to say they're betting on it.
Is that because it is a scam or is it because it isn't a scam and the developers want to be honest ?
It looks like Ripple has taken the 3rd spot from BTSX on coinmarket.
I'm just kidding on this one.
Crazy though how BTSX has made it from 5th to 3rd in one day. No real hype machine going on that I see. Just a crypto-equity shooting to the moon ?
With no hype pushing support this one might be a keeper.
If this is the real deal then WAKE UP WALL STREET !
Crazy though how BTSX has made it from 5th to 3rd in one day. No real hype machine going on that I see. Just a crypto-equity shooting to the moon ?
With no hype pushing support this one might be a keeper.
If this is the real deal then WAKE UP WALL STREET !
Re: It looks like NXT has taken the 4th spot from BTSX on coinmarketcap.
Wow I kept playing around with BTSX thinking about investing.
The BTSX wallet doesn't seem so bad. Looks way better than any Bitcoin wallet. I've signed up with poloniex to trade. I'm getting rid of some NXT as we speak but why does the price have to be so low
I'm sitting here busy at work and if I would have been able to sell NXT earlier I'd have at least 20% more BTSX.
Maybe BTSX X isn't a flash in the pan? Looks like a place to diversify.
The BTSX wallet doesn't seem so bad. Looks way better than any Bitcoin wallet. I've signed up with poloniex to trade. I'm getting rid of some NXT as we speak but why does the price have to be so low
I'm sitting here busy at work and if I would have been able to sell NXT earlier I'd have at least 20% more BTSX.Maybe BTSX X isn't a flash in the pan? Looks like a place to diversify.
Re: It looks like NXT has taken the 4th spot from BTSX on coinmarketcap.
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LOOL .. anyway .. btsx has like 15% plus on the 24h price while NXT has like -8% ?!
Where are those whack percentages coming from? 8 vs 15% price change differences? I don't even see any real hype from or about Bitshares X.
Anyone care to clue me in ?
Like uhh for starters what is it ?
If you really want to know more about BitShares/X/PTS/DNS/Vote, etc your can read: http://wiki.bitshares.org
If you like ideas look into https://bitsharestalk.org
The wiki is quite interesting. I am not sure what BitShares X is, but it sounds awfully cool. Uhhh. Either a total scam that is delivering vaporware or something quite extrodinary.
I want to buy some on Cryptsy but do not see the currency offered?
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... These distributed autonomous credit unions could rival the value of the largest banks in the world such as JP Morgan and Bank of America in just a few years. BitShares X offers a bank account where funds can be transferred in seconds anywhere in the world with more privacy and security than a Swiss bank account. Your account can never be frozen, your funds cannot be seized, and the bank can never face collapse due to loan defaults or fraud. All of this is made possible without requiring any employees, lawyers, regulatory compliance, vaults, buildings, and other infrastructure required by traditional banks. Unlike existing banks, you can hold your balance denominated in gold, silver, oil, or other commodities in addition to national currencies.
In addition to acting as a bank, BitShares X also serves as an exchange where currencies, commodities, and stock derivatives can be traded with most of the features used by professional traders including shorts and options. The bank takes a cut on every transaction and pays these transaction fees to the delegates and then shareholders by way of the Burn Rate. BitShares X can achieve this feat using the same technology that makes Bitcoin possible - irrevocable decentralized automated consensus forming. The market capitalization of shares in this new bank will exceed two times the value of all balances in gold, silver, oil, and currency accounts. This requirement allows for 200% reserve collateralizing the value of all deposits in the bank.
In addition to acting as a bank, BitShares X also serves as an exchange where currencies, commodities, and stock derivatives can be traded with most of the features used by professional traders including shorts and options. The bank takes a cut on every transaction and pays these transaction fees to the delegates and then shareholders by way of the Burn Rate. BitShares X can achieve this feat using the same technology that makes Bitcoin possible - irrevocable decentralized automated consensus forming. The market capitalization of shares in this new bank will exceed two times the value of all balances in gold, silver, oil, and currency accounts. This requirement allows for 200% reserve collateralizing the value of all deposits in the bank.
LOL.
Re: It looks like NXT has taken the 4th spot from BTSX on coinmarketcap.
Someone is trying to hype aren't you?
Exactly how is this a feat when the difference between the 4th and 5th coin is less than $1M? You do realize that the market caps tend to change drastically in a short period of time. Once some altcoin overtakes LTC then that could be considered a feat.
Exactly how is this a feat when the difference between the 4th and 5th coin is less than $1M? You do realize that the market caps tend to change drastically in a short period of time. Once some altcoin overtakes LTC then that could be considered a feat.
Hyping what NXT or BTSX? The fact that BTSX could not hold on very long? Doesn't look very good from where I am standing.
Are you hyping PrimeDice? Is that site any fun ?
Re: It looks like NXT has taken the 4th spot from BTSX on coinmarketcap.
Quote
LOOL .. anyway .. btsx has like 15% plus on the 24h price while NXT has like -8% ?!
Where are those whack percentages coming from? 8 vs 15% price change differences? I don't even see any real hype from or about Bitshares X.
Anyone care to clue me in ?
Like uhh for starters what is it ?
It looks like NXT has taken the 4th spot from BTSX on coinmarketcap.
I went to coinmarketcap and saw that after Litecoin, Bitshares X was the next legitimate decentralized crypto-equity. Now I notice that NXT has taken over BTSX's 4th position (If you count Ripple).
BTSX it was good knowing you.
ETH(platform).
Hate to be the bearer of bad news, but Ethereum as a platform isn't any more likely than Ethereum as a currency.Vitalik admitted that oracles are a better solution for most of the things people what to do with Ethereum, and there's absolutely zero reason for those oracles to work with Ethereum instead of Bitcoin.
Does anyone have a link to these "oracles" or what Justus is referring to in this post ?
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
Distribution will play a big effect. Leveraging all these people is going to be powerful. I think this coin will be top 5 within year of launch.
I was not a huge believer in BTC at first.
I suppose I should feel a bit concerned that it has dropped as much.
I don't.
I'm currently buying. The US has a defacto legalization of bitcoin. China and other less free countries are banning it due to its power. This to me shows that it is legitimate. I'm dipping my toes in the water. Ever so slightly.
Re: Are Americans Really So Ignorant and Repressive? (Want to Ban Bitcoin)
What does a choice currency have to do with freedom?
Survival is first priority. Everything else comes after.
If fiat money gives me access to food and water, it's fiat money for me. If Bitcoin gives me access to food and water, I'll consider which one gives me access to more food and water.
I'm a free man but only as long as I'm alive.
You may not see yourself as a slave of the government but are you a slave of money? What are you a slave of?
Survival is first priority. Everything else comes after.
If fiat money gives me access to food and water, it's fiat money for me. If Bitcoin gives me access to food and water, I'll consider which one gives me access to more food and water.
I'm a free man but only as long as I'm alive.
You may not see yourself as a slave of the government but are you a slave of money? What are you a slave of?
You are a slave to the things needed to keep you alive, yes.
The OP was a well written post IMO. His was a comment on the kneejerk reaction of many who do not understand something. They wish to ban/remove it and it simplifies the world for them. The internet is a spooky place. It opens up a whole range of possibilities of which people vaguely aware.
The saddest part is not that these people exist, but that they are pandered to by our elected representatives.
Don't think other cultures are much different. It is a human thing.
oh shush........miners selling for a loss is the main way I make profit without having to mine myself 
If they sell for a loss it is in terms of their power cost. It doesn't translate into profit for others.
I heard the same crap from friends and co-workers back in December 2011 when BTC fell to $1.96 each from the all time high of $36.00 in June 2011. I heard the same thing when LTC was less than $0.11 each also after falling from about $1.00 high.
If you are trying to pay today's bills with current mining proceeds you're an idiot. Mining is about speculation. You are mining for future payouts, not current ones.
Trust me I had a number of people give me hell for going $1500 in the negative every month verses coin earnings by paying electricity bills while maintaining a personal 90 ghs gpu farm back in Dec 2011. Funny thing all of those $1.96 btc turned into $1200 BTC just recently. I caught the same crap when I flipped over my gpu farms to LTC when I upgraded to all ASIC for BTC. Again, all of those LTC turned into $35.00 each from sub $1.00.
If you cannot afford to support your gpu miners for at least 180 days, you need to get out.
~BCX~
This thread moderated to control stupidity and spam only. Differing opinions welcomed.
If you are going for future payouts, then just buy the currencies on the market. You are using fiat for power, so might as well just buy coins on the market. Save your rigs for winter time when power might be free.