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Virtual Currency - Alt Coin Discussion Thread Virtual Currency - Alt Coin Discussion Thread

11-11-2016 , 06:15 PM
Quote:
Originally Posted by Praetor
ALso in for Golem, think it has a really interesting use case that could become huge. Almost missed out because MEW wasnt working
the problem with mew is it relies on a website not being overloaded or ddos. you're better off getting mist/ethereum wallet if you want to partake in crowdsales. mew is going to be overloaded most of the time.
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11-11-2016 , 08:24 PM
Yeah. Or signing a transaction in advance that you can broadcast (which is eventually how I got it done)
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11-12-2016 , 02:14 PM
When is golem suppose to start trading. Is there a page somewhere that shows upcoming crowd funding for altcoins?
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11-12-2016 , 03:44 PM
https://www.ico-list.com/

Golem is already tradabale if excahnges add it , dont think any major ones have yet
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11-12-2016 , 05:31 PM
Any Lisk owners want to cooperate to get a forging delegate voted up?
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11-12-2016 , 07:03 PM
Quote:
Originally Posted by onemoretimes
When is golem suppose to start trading. Is there a page somewhere that shows upcoming crowd funding for altcoins?
I've escrowed a few golem trades at about 1.8x ico price
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12-22-2016 , 11:20 AM
Announcing Contingency - The Worlds First Truly Decentralised, Trustless Gambling Network

https://www.reddit.com/r/ethereum/co...vp&sh=e5ccb478

"TL;DR: Contingency will be the worlds first 100% decentralised gambling network where users are completely in control of all funds and bets. It solves the issue of having randomness on the blockchain and allows anyone to participate as a player or banker. (Bankers get a 1% edge on all bets). Once launched, Contingency can never be shut down"

I'm curious if anyone thinks this has potential
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01-03-2017 , 11:26 AM
Ethereum above $9 again.
https://blog.coinbase.com/completing...0ee#.uli18ge1v

Quote:
To be clear, I love Bitcoin and it is not going anywhere. It appears to be the reserve currency of the digital currency space — a sort of digital gold if you will. It is an asset class that people flee to in times of trouble, most suitable for large, slow transfers, with a more conservative roadmap to evolve the protocol. What it has not become is a scalable payment network (with lower fees, faster confirmation times, and higher throughput). I’m skeptical that it will be able to make this leap (even with new developments in the pipeline). Federated protocols seem to evolve slowly. This initially saddened me because I think an open payment network is where the greatest potential lies for digital currency to improve the world (hence our mission at Coinbase: to create an open financial system for the world). But I’ve come to accept that Bitcoin may not fill this role, and that is ok. It is still a very valuable technology in the world as an asset class, and that it perfectly fine.

Bitcoin may surprise me and scale (I hope I’m wrong). As we wait to see, an opportunity has emerged for other protocols to fill the payment network gap. Ethereum seems the most likely candidate for this at the moment (although things change rapidly in digital currency space). It continues to attract a number of good engineers to work on the protocol and build applications (an important leading indicator) and if proof-of-stake is successful this year, it will be a major computer science breakthrough providing a sustainable advantage. ICOs (people raising money on the blockchain) show no signs of slowing down, and Ethereum makes it very easy to issue new tokens for this purpose. I think new tokens built on top of Ethereum will find all sorts of use cases, from virtual worlds to prediction markets.

Bitcoin’s guaranteed scarcity is an attractive property from an investment point of view (another gold like characteristic). Ethereum has yet to determine its inflation policy, but it seems to be leaning toward some moderate inflation policy (2–3% a year).

This is another indicator to me that you’ll see Bitcoin continue to flourish as an asset class (and hold its value) while Ethereum may emerge as the preferred option for payment networks and custom tokens.
Fwiw, I think Vitalik intends to have it lower, 0-0.3% ish. But anyway.

Is this inflation equal to Bitcoin's inflation though? Instead of going to miners who need to sell to pay electricity bills, it incentivises hoarding Ethers. Even more, if everyone is in a PoS-mining pool, everyone will still have approximately the same share after mining rewards. It seems as this monetary inflation should lower prices, but make holders equally wealthy. Is this really something that makes Bitcoin a better store of value?
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01-04-2017 , 07:17 PM
I don't know what the heck a monero is and it's 18 bucks? I barely know what an ETH is. You go away from altcoins for a year and look what happens. (Should've just been in btc instead of those alts from a year ago but lesson learned :/)
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01-04-2017 , 07:27 PM
Quote:
Originally Posted by Zenzor
Announcing Contingency - The Worlds First Truly Decentralised, Trustless Gambling Network

https://www.reddit.com/r/ethereum/co...vp&sh=e5ccb478

"TL;DR: Contingency will be the worlds first 100% decentralised gambling network where users are completely in control of all funds and bets. It solves the issue of having randomness on the blockchain and allows anyone to participate as a player or banker. (Bankers get a 1% edge on all bets). Once launched, Contingency can never be shut down"

I'm curious if anyone thinks this has potential
Prolly has the potential to be a massive fail like DAO. If it's foolproof, no reason not to put all your ETH on the banker side.
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02-14-2017 , 06:30 AM
http://www.coindesk.com/jp-morgan-sa...ckchain-group/

Quote:
Dubbed Enterprise Ethereum, the project's founding membership is said to include major financial institutions, tech giants and natural resources companies. According to sources, participating firms include JP Morgan, CME Group, BNY Mellon, Banco Santander, Microsoft, Red Hat, Cisco, Wipro and British Petroleum, among others.
ETH +10% today =)
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02-22-2017 , 07:14 PM
If you had to guess, what are the odds any of those companies ever using the public ethereum blockchain?
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02-22-2017 , 07:45 PM
Quote:
Originally Posted by iloveny161
If you had to guess, what are the odds any of those companies ever using the public ethereum blockchain?
They already do? Microsoft started using ethereum 2015 and has been supporting on Azure. The big question is how much they will use it, if it was just a small test, large scale or full scale. I think large scale is not unlikely.
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02-22-2017 , 08:15 PM
What's the deal with "private" ethereum chains? Do they still run off the ETH that's publicly traded? Or are they like a completely separate network? I'm just wondering how this impacts the price of ETH long term if everyone ends up running on private chains.
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02-22-2017 , 08:16 PM
A lot of scamcoins have Azure integration as well, pretty much anything can get it. It's nothing special imo.

Would be interested in hearing what use cases these large companies have planned. My initial take was this all seems like a lot of speculation/pump narrative, but would be glad to be proven wrong. Hopefully some interesting stuff comes out next week.
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02-28-2017 , 10:53 AM
http://entethalliance.org/wp-content...017/02/EEA.pdf

Quote:
The founding members of the Enterprise Ethereum Alliance rotating board include Accenture, Banco Santander, BlockApps, BNY Mellon, CME Group, ConsenSys, IC3, Intel, J.P. Morgan, Microsoft, and Nuco.
Additional founding members include AMIS, Andui, BBVA, brainbot technologies, BP, Chronicled, Credit Suisse, Cryptape, Fubon Financial, ING, The Institutes, Monax, String Labs, Telindus, Tendermint, Thomson Reuters, UBS, VidRoll, and Wipro, among others.
live stream:
https://event.webcasts.com/viewer/event.jsp?ei=1137845
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03-01-2017 , 05:54 PM
to explain why vitalik jerks off to zcash so much, i'm told that he's apart of a hedge fund that invested in it.
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03-01-2017 , 06:28 PM
Quote:
Originally Posted by aggo
to explain why vitalik jerks off to zcash so much, i'm told that he's apart of a hedge fund that invested in it.
Seems weird that he is trying to make it obsolete by reimplementing it in Ethereum then?
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03-01-2017 , 07:49 PM
Also:
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03-01-2017 , 08:05 PM
i dont pretend to know enough about zksnark implementation to say anything about it really.
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03-01-2017 , 09:51 PM
Quote:
Originally Posted by heltok
Also:
Gotta be a top because I'm shoveling more money at it . Actually getting the money ready in the trading account and probably waiting for the march 11th decision. I feel like if denied, ETH will take a hit along with BTC and I can load up some more.

Honestly I think it all comes down to POS. Right now inflation is fairly high on ETH. If they can get POS to work at a very very low inflation rate, it's all over. It will take over. I can't even imagine what happens to a coin that doesn't have the overhead pressure of the cost of mining equipment and electricity every time the price goes up. If they can't get POS working, then I dunno wtf will happen.

Honestly, how many investments on the planet can you think of that have even remotely close to the possible return on ETH. In this day and age it seems like if you can find an 8% return your happy. I've learned 1 thing in my time in the crypto world. PUT IT A **** TON IN EARLY. I always diddle around and put a bit in here and there and next thing you know it's up 400%. If you wanna make the big bucks.. gotta go size off the bat. Then you can take out your initial investment early if you want and let the rest ride.
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03-02-2017 , 12:07 AM
Quote:
Originally Posted by onemoretimes
Honestly I think it all comes down to POS. Right now inflation is fairly high on ETH. If they can get POS to work at a very very low inflation rate, it's all over. It will take over. I can't even imagine what happens to a coin that doesn't have the overhead pressure of the cost of mining equipment and electricity every time the price goes up. If they can't get POS working, then I dunno wtf will happen.
This.

The crazy thing with Bitcoin was that it was able to go from 1000BTC=$1 to 1BTC=$1000 even while having insanely high inflation. And we are not talking 10% inflation, we were talking 100-10000% inflation...


What will happen when we have 0% inflation with POS and even deflation due to lost coins with POS you even make money with transaction fees. With USD, EUR, CNY etc inflating their currencies with 10% per year, it would be really interesting to see what happens with the price... And the coolest thing, it might actually happen pretty soon! We will finally see what a deflationary currencies does to the modern economy! For good or bad, it will at least happen so we can settle the old debate! =)
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03-02-2017 , 09:18 AM
Quote:
Originally Posted by onemoretimes
I feel like if denied, ETH will take a hit along with BTC and I can load up some more.
I think if btc etf denied, btc down, eth up. Why do you think eth also goes down? I guess correlation with less likelihood of an eth etf. Still think people sell btc for eth if etf denied.
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03-02-2017 , 10:00 AM
Everything goes down in $ terms if ETF is denied imo.
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03-02-2017 , 11:41 AM
If ETF denied.. ETH/BTC goes up but yes, everything goes down in $. The better BTC does the better it is for everything as people have more money to put in other things. If ETF approved, ETH/BTC will most likely go down but ETH should rise in $.
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