I read both whitepaper (maybe you not know there are two?), i followed before Ico, talk regularly in telegram with CEO & discord with the staff who answer technical questions regularly.
You don't see benefit of being provably fair for first time in real time? How many times do you hear people say rigged, even though the websites state it has been tested etc, you can now check for yourself. Far easier to configure your own games (funfigurator)? The casinos at early launch you may not realise are not going to be your bet365s etc, they are starting small with crypto only casinos, to onboard. Eventually will big sites want to come onboard? Given that they can significantly undercut costs these sites are paying to: Game creators - 0 fee's for the games, configurating the games like they never could themselves, being provably fair, these are attractive for casinos. In the future the games will be fully hosted on blockchain so then server costs cut as well.

You have also not read about Funfairs Fate channels which is tech that enables them to run the games at such low cost, so every tiny tx isn't on chain, just opening and closing of channel is, it is mentioned in the whitepaper if you did not read. It is also live now and had good discussion on reddit about it. https://funfair.io/approach-turing-c...annels-part-1/
Try out their games on showcase.funfair.io the blockchain based ones, not just the ones offline, so you can see how they actually work and are here NOW.
I dont see why you think its a scam, if it were a scam they wouldn't be so open about their names, they wouldn't be filing for licenses in UK etc, would be doing it in Curaco where it means nothing but is easy to get. It seems you don't understand business model of token having a utility - to be gamed with, whilst scarcity of the token via burning on closing of fate channel increasing the rarity and demand.

Fwiw they also believe they can expand the areas where it is legal to play online gaming because of the function of the fun tokens, as opposed to USD etc but that is another issue.

Mike Novogratz was one of the biggest investors also he mentions it here: https://www.youtube.com/watch?time_c...&v=chRFimo06aM

Currently everytime you log on to gamble, you have to deposit to a website, you are trusting that website not to take your money. Imagine suddenly you don't have to trust that company not to run off with your money (like you say PKR did) because they dont have access to your money. You never deposit it. It is simply in a fate channel that the house cant touch to steal. That solves one problem of trust. Now again, what if they are cheating you, this feels rigged? Again this is all solved by the tokens fate channels working, and you can cross check that the rng wasn't rigged, instead of having to trust the regulators to do it. It eradicates the need for regulators to check every X weeks on all the casinos. Anyone can check themselves.

The technology might be great, I don't know enough about it to say whether or not it would work. The business model of implementing the tech using FUN coins is what I find troubling.

yeah without reading much of that we need about 2 or 3 strong stable currencies and currently there is only tether. so most of these sites that absolutley need to have thier own coin is complete bull****.

theres only a few that matter.


first is a stable currency. and not one has found the solution. the solution is 2 currencies, and a central bank. neo and gas tried to do this but thier attempt is pointless. they need to peg gas to the usd or some currency basket and if gas goes up print gas from the central bank and airdrop it to the neo holders. if gas is lower than the dollar then burn it off on transactions, or worst case buy it on the market and burn it.

its a central bank there is no need to have corresponding asset. as long as there is a mandate it could be hard coded...but i wouldnt want to guess on the parameters. better to just hire bernanke for a while.


anyway ive timed out ill rant about other topics another time

whoever figures this economic conundrum out...is a big winner. stable currency while having the perks. show me one coin that has it. i dont think theres any. there is absolutely a need for a central bank evn if automated to further adoption of crypto

I was pretty high on XLM after doing some research, getting caught up in the FairX hype, etc. It's tanked after hitting a high a few days ago, and I'm wondering what to make of it.

One of my concerns with it is the future dilution issue--only ~15% (iirc, may be off) of the coins are in circulation and thus being counted towards market cap, so the end market cap would be ~6x what it is now without the coins appreciating.

One of the reasons I am less concerned about the tank is the inefficiency in the market, particularly the desire of market participants to chase the latest hot ****coin. A long-term-focused post-pump coin isn't very sexy, so I could see the demand waning there.

Anyone else feel strongly about XLM one way or the other? Would like to hear a strong bear argument (a "sell now" argument). Otherwise my plan is to hold for a while.

The trends seem to be leaning towards ICX, OMG, Monero, QTUM and maybe railblox which from I hear are sort of long holds. I am not including any of those up and coming coins, obv there are plenty of those.

dont quote me on this but I don't think XLM reaches full supply until 2300. Also, the 1% inflation per year is distributed to current coin holders through the inflation pool. I have a lot of XLM and am torn what to do with it, I don't think I want to hold long term though. Hopefully there is some positive fairx news soon that causes a pump and I can take my exit

XLM is a tricky one. I have to anaylze it. i just see so many options that i always overlook it.

Id say if you know it go with it, and if you dont pick something you want to follow.

transctional currencies are fairly limited and also fairly locked up by xrp. iota despite great news on partnerships is getting clobbered because of ripple and xrb stealing thier thnder

but if you want to venture into enablers...then its ripe. ether has stuff hitting the market and there is a whole lot of stuff that is better than ether, on paper. which should you buy? every one. eos, cardano neo gas icx, ven basically anything chinese. And there is only one that has it all figured out. its nem. POI is so powerful...it will leave the rest in the dust. i hte to temporarily support coins that I know will have to change

i cant fully endorse NEM because i need to analyse the revenue model. the trust system is amatuer but the future

I cant even buy nem and whover here mentioned pascal...thanks....buy that ****. a deletable blockchain is exactly what is needed. I would delete it in a different fashion running parralel chains one to chill one to kill but they are solving a major problem with scalability. if you follow them then you will be up to date. do it

I think a stable crypto currency is a long way off. I mean maybe 2-3 years (which is a long time in this space) before anything resembles a stable currency.
This is very much the gestation stage of crypto. And it's going to be a painful birth.

I have accounts at bittrex and created an account on binance. These seem to be the top 2 exchanges that you can trade altcoins.


Does anyone here have opinion of


Cryptopia
Hitbtc
Yobit


Should you send them verification documents first before you send them any btc? With bittrex, im already verified there. With binance, i read that you could withdraw up to 2 btc per day without verification is already a lot. But do you guys recommend using an exchange without sending verification first? Because i read lot of bittrex users are not happy because they never sent in verification documents and then bittrex changed the policy where you have to otherwise you could only withdraw 0.0025 btc per day etc.

I noticed this too.

Cryptopia was closed for new signups when I tried yesterday. Heard good reports though.

I've traded and withdrawn from Binance (this past weekend) with no ID verification and no problems at all. I deposited 1 ETH (deposit took about 20secs from start to finish) and withdraw approx 1.8 ETH 36 hours later (withdraw took about 45 mins Start to finish).
Check the WD fees before you finalise any withdrawal (different for each coin - some up to equivalent $50 or more). And buy 1 BNB coin b4 you trade anything.

It shows up for me

The logo is a rocket ship 'nuff said.

There is no bear argument for this one. It's cheap and fast to transact with. The inflationary bs is a way to deter, but remember those xlms get distributed to hodlers. Only positive catalysts here and if Ethereum cannot fix their problems, Stellar is ready to become the ico platform moving forward. Not to mention they are quickly cornering the African markets which are poised to become the biggest economies over the next 30-50 years. Hodl 4 life

KodackCoin on deck

Notable action from today..

VIBE added to Binance, went from ~44c to a peak of $2.70, sitting around $2 atm.

MC from 77MM to around 400MM

Raiblocks not necessarily going to mirror this, as many more people know it’s coming. But makes me slightly less annoyed about buying at the peak anyway!

BBC, JAN 9, 2018: CES 2018: Kodak soars on KodakCoin and Bitcoin mining plans

Forbes, JAN 14, 1999: Bubbles: From "tronics" to "dot com"

Juk

LOL. I didn't even think Kodak was still in business.

coin market cap i showing every coin in red today, any reason for that?

buying kodak.



OK im just randomly teasing people like aggo does. bless him... hey if you are reading this dont feel down in the dumps i appreciate you.

anyway. back to buying kodak. if there is any more efficient way to take old money and burn it on a new idea i'd like to hear.


Ive been on the 71st floor of bmo chatting with the CEO or torstar, which at the time had completely blown through a lot of cash chasing growth. The candid sound of his voice resonates...well if I just took all that cash and gave it back to the shareholders then we'd be better off...but they were demanding growth...and I felt I had to show some growth. Then we talked about selling harlequin...a complete cash cow...and his reply was it sure is nice to have that on the balance sheet. if i want to buy x i have to sell it.

i gave a presentation to a full room of board members and tried to tell him to pitch harlequin. lol what was I thinking

GPU shortage right now is completely insane. Cards are sold out at 1.5x-2x their prices from just a month ago.

The last 570 under $300 on newegg just sold out (was $270 before tax/shipping), top review is

"Great sub-$200 GPU
ZEC - 280 H/s with Claymore v12.4 @ 67 degrees C with 24% fan, stock out of the box with latest drivers.
Good 1920x1080 gaming performance.
- Michael W. posted on 5/9/2017"

What do you guys think of ethos? I don't understand how the price goes up yet they don't even have a working product...

My guesses would be:

1) people cashing out from some of the ridiculous highs some larger coins saw (TRON, ADA, etc.)

2) natural market correction

3) timing of ability to move money around. seems like coinbase, binance, etc. have all had delays one way or another in processing transactions due to volume.

4) people panic and overreact like crazy. seems to go both ways. when everything is green, everyone just keeps throwing money in (FOMO), when things go red for more than a day the sky is falling and everyone wants out.

5) seems like there are a billion new coins either being added or touted by shills every day and people are trying to move money from one pump to another searching for that next 10000x gain.

2 steps forward. one step back. it aint fiction just a natural fact.insert micheal jackson woohooo at any moment