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

06-20-2017 , 09:38 AM
Quote:
Originally Posted by outfit
No. The contract is up. You will get rejected if you go any higher than the 50000000000
yup but you can put the limit above the recommended 200,000
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06-20-2017 , 09:41 AM
Quote:
Originally Posted by housenuts
yup but you can put the limit above the recommended 200,000
It will not make a difference. I tried in test runs and it gets returned to you. Same as what was mentioned on the status reddit.
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06-20-2017 , 09:56 AM
Quote:
Originally Posted by outfit
It will not make a difference. I tried in test runs and it gets returned to you. Same as what was mentioned on the status reddit.
we'll see. i have 5 separate tx set up at various blocks. on one of them i put 300,000. rest was 200k and 50000000000.

will also manually try with Mist too.
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06-20-2017 , 12:09 PM
Ended up getting parity set-up and working on a mac last night. I fiddled around with the N-1 and got different results before sending. But yeah, whatever. My tx is still pending, anyone's go through??
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06-20-2017 , 01:45 PM
I just got back from work. My parity transaction did not go through and all my eth is stuck in the wallet. I cant even send a small amount to my other wallet.

I dont know what to do.
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06-20-2017 , 02:28 PM
Quote:
Originally Posted by outfit
I just got back from work. My parity transaction did not go through and all my eth is stuck in the wallet. I cant even send a small amount to my other wallet.

I dont know what to do.
Don't sweat it. Yeah, everyone got rejected pretty much. Apparently there were some accounts that were allowed to send more than 50 GWei (lol) so they bought up the bulk of it and non-insiders got jack ****. Some of my ether is stuck in wallet #2 and won't xfer to wallet #1 as well. It's fine/nothing to worry about, we just need to give it time to settle.
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06-20-2017 , 03:16 PM
FYI RE: Poloniex - I just had two withdrawals that were stuck "Awaiting Approval" clear after being in limbo for 30 days with no opportunity to cancel the withdrawals and retry. Not a single response to multiple tickets during that time period despite having been cleared to tier 3 and no reason for the delay given or any restitution offered. (I am aware they had a large traffic uptick but having zero response to 30 day delays is in my my unacceptable no matter the reason, let alone "we were making too much money to free yours up")

Luckily the underlying assets appreciated over that time period but I will not be using their exchange going forward and cannot condemn their support process and company enough.
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06-20-2017 , 04:24 PM
Under 100 token holders
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06-20-2017 , 04:41 PM
Quote:
Originally Posted by housenuts
Under 100 token holders
New paradigm
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06-20-2017 , 04:53 PM
Not that new. Lots of token sales get swallowed up by whales. The funny thing is this was not meant to be like this but was gamed by whales and miners.
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06-20-2017 , 06:29 PM
Quote:
Originally Posted by housenuts
Not that new. Lots of token sales get swallowed up by whales. The funny thing is this was not meant to be like this but was gamed by whales and miners.
Also, think about all the fee's taken and transactions returned.


I wonder if my eth would have eventually sent. I ended up canceling the order in parity.

Last edited by outfit; 06-20-2017 at 06:48 PM.
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06-20-2017 , 10:52 PM
Thoughts on CVC? Token sale in ~10 hrs and ETH jammed from Status but accepts BTC. On fence of trying to get in.
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06-21-2017 , 11:35 AM
Quote:
Originally Posted by irockhoess
Thoughts on CVC? Token sale in ~10 hrs and ETH jammed from Status but accepts BTC. On fence of trying to get in.

Read this thread:

https://www.reddit.com/r/ethtrader/c...ams_civic_ico/

To be clear: I wouldn't avoid because he's a Bitcoin person at heart. I would avoid because he has a very low opinion of ETH platform and he's left that door open to migrate it over to Rootstock once that is done. It's also in the whitepaper that he states they reserve the right to 'replace' the tokens on the new protocol if they felt it was necessary for the operating system. This will not end well to anyone who is buying this.

Furthermore, Vinny is releasing it right now for all the wrong reasons (pure $ play) -- if he genuinely believes Rootstock>Ethereum then he should have waited until Rootstock was ready and shouldn't be talking out of both sides of his mouth. He would also benefit from migrating this project because he openly slams how useless ETH is so hard and is invested deep into BTC, thus his BTC could be worth more if the project was a 'success'. But the project would have a much higher likelihood of being a success on Ethereum, by looking at it from a operating system point-of-view and not ideological reasons. See the problem? Hopefully you didn't already buy because I do expect a world of pain for the bagholders at some point. Beyond him, the team is honestly a bit weak as well. Long-term I don't see this working on a level where I'd be anywhere comfortable holding this token.

Last edited by Kazuya; 06-21-2017 at 11:45 AM.
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06-21-2017 , 11:44 AM
Vinny sold all of his btc holdings at $1250 in march.
He was very convinced BU fud was real, and kept saying price would go below 850
Then he was a part of blockchain capital eth ico that is basically a scam imo
He saw how fast they raised dumb money and announced civic ico around consensus this year


Source: he's in a chat group I'm part of (public group)
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06-21-2017 , 05:11 PM
Great feedback. Thanks guys.

I had read the thread and they do bring up some good points where Vinny has been pro-btc (although not bullish on price because of scaling debate as aggo alludes) and not as pro-ETH as some. I can definitely see if you were an ETH enthusiast how you would be out just from that fact alone. From an outside perspective he seems to be worried about the ICO craziness (who isn't) inflating ETH as well as Vitalik being a point of centralization worry. I agree with fearing any centralization in these realms, but it is hard to ignore someone listing RSK as the future yet selling a pre-token on ETH. Its a little fishy for sure.

I ended up buying less than <1btc (was considering 0 to 4btc) to learn more about how ICOs work and force me to pay attention to the pros and cons of RSK vs ETH and are smart contracts better as layered or intrinsic to the base layer. I am not nearly as bullish on it as I would be if he had waited for RSK though.

Quote:
Originally Posted by Kazuya
...
But the project would have a much higher likelihood of being a success on Ethereum, by looking at it from a operating system point-of-view and not ideological reasons...
I'm curious to hear further thoughts on why you think this with regards to civic's project whenever you have time.

Quote:
Originally Posted by aggo
Vinny sold all of his btc holdings at $1250 in march.
He was very convinced BU fud was real, and kept saying price would go below 850
Then he was a part of blockchain capital eth ico that is basically a scam imo
He saw how fast they raised dumb money and announced civic ico around consensus this year


Source: he's in a chat group I'm part of (public group)
He had stated publicly he would not get in again until $1250. So he has not reinvested at all since then as far as you know?

Do you have any further reading on blockchain capital being a scam? I read the press releases in April but haven't paid attention nor realized Vinny was attaching himself to it.

Is your scam thought process that their business model is basically to create a middle man in an area where one is not necessary and convince rubes that their advice is worthwhile, similar to the common gripe with hedge fund managers and active portfolio managers?
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06-21-2017 , 06:14 PM
Quote:
Originally Posted by irockhoess

I ended up buying ... to force me to pay attention to the pros and cons of RSK vs ETH and are smart contracts better as layered or intrinsic to the base layer.
Probably the single best reason to contribute, wp. One's wallet can certainly focus the mind.
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06-21-2017 , 06:14 PM
Ive written about my thoughts on ICO enough in this thread, you can search them


As it pertains to bcap, my issues are very simple


1- you have no legal claim to any of the underlying equity that bcap will "claim" to possess because the token is an unregistered security.

2- the fee schedule is utterly ridiculous and is reminiscent of 1990s hedge fund charges

3- the token represents a new fund inside of bcap, so you have no claim to any of hte equity in previous businesses that they invested in

4- the token has 0 function on the blockchain- it guarantees you nothing. its just a pokemon trading card.



Vinny left our trading group. He last told me he would buy back at "3k" if he had to, and that the money wasnt an issue with him. I know he is close to samson, and he funneled alot of FUD into our group when BU fud was at highest when okcoin quarterlies dumped to 750 and btc/usd down to 888$ a couple of months ago.

Last edited by aggo; 06-21-2017 at 06:22 PM.
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06-21-2017 , 10:25 PM
if you play fantasy sports check out nolimitcoin aka NLC2. team is working furiously on this coin and the community is super tight.

http://www.nolimitcoin.org/

they are redoing the website right now as well.
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06-21-2017 , 10:44 PM
I finally got my eth off parity. Then I went to send it to polo to ditch it. All confirmations go through and there is nothing in my wallet. Hopefully I am wrong about eth starting a bear run and polo's , " we are experiencing a momentary delay....." Makes me money.

I don't trust polo at all.

Last edited by outfit; 06-21-2017 at 10:51 PM.
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06-22-2017 , 12:50 AM
if anyone knows anything about omni <---> tether pls message me, lets share ideas

just trying to form a thesis

Last edited by aggo; 06-22-2017 at 12:57 AM.
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06-24-2017 , 05:39 PM
what is the best/savest platform if you want to exchange your crypto currency for fiat money?
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06-24-2017 , 10:13 PM
Hey all. I have bitcoin. I however get them through betting sites so i never had to actually buy any btc.


I have american bank accounts.


What is the best way for me to get litecoin, waves and ETH?


Should i open an account at an exchange like bittrex or poloniex? I will only be buying it and holding it. No interest in selling. I also have coinbase account but i do not use it as i heard coinbase should be avoided.


I read online that i could exchange btc for other coins. If so, what is the best site to do this?


I read about shapeshift. It seems easy to use but how are the fees? For example, if i exchange $1000 worth of btc for litecoin or waves for example, how much in litecoin or waves or eth will i receive? Would it be around $990 so around 1 percent fee? Or it is going to be like 2-5 percent fee? What other sites are similar to shapeshift? Is shapeshift the best site to do this? I clicked the 0.5 btc for x amount of ETH, litecoin etc... and the price seems to be pretty fair.


I also read if you do this through an exchange like bittrex and poloniex, the fees would be something like 0.25% fee? Is that true? Is that the fee when buying with bank transfer or with btc? It seems like the easiest way to do it would be swap btc for litecoin, waves, eth etc.


Can someone tell me what is best suggestion? I assume its also easier to buy it with btc as oppose to bank transfer as its more simpler? Someone on a forum mentioned that bittrex you can swap btc with eth and litecoin easily and you dont even need to get verified. Can someone tell me if this is true or not?


I'm also curious but is there anything like localbitcoins but for ETH, litecoin, waves and other currency like this? Such as i transfer them bank transfer, skrill or bank deposit for example and then receive ETH, Litecoin and waves?


Thanks.
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06-25-2017 , 01:18 PM
Lol at everyone that paid massive eth fee's to get Bancor tokens. Even though I would have done that to get status. I am pretty glad I did not get any.

James, use bittrex, buy what you want and then send your coins to Jaxx. Except for waves, send that to the waves lite Google chrome wallet. You can also look into getting a nano s or Trezor wallet. I hear Trezor will support waves soon. But that could just be a rumor.
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06-26-2017 , 11:22 PM
Quote:
Originally Posted by outfit
Lol at everyone that paid massive eth fee's to get Bancor tokens. Even though I would have done that to get status. I am pretty glad I did not get any.

James, use bittrex, buy what you want and then send your coins to Jaxx. Except for waves, send that to the waves lite Google chrome wallet. You can also look into getting a nano s or Trezor wallet. I hear Trezor will support waves soon. But that could just be a rumor.
At current prices, Bancor = ETH but with a freeroll

Of course last time we had something like that, we got the Dao.
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06-27-2017 , 12:41 AM
just dropping in for a low content "this **** is nuts"
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