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

02-06-2019 , 06:53 PM
Quote:
Originally Posted by TeflonDawg
ban DanMarino13, ban Agloirtmh

you deserve more than a ban for the scams you promote
Are you on biz and just fudding here?
Virtual Currency - Alt Coin Discussion Thread Quote
02-06-2019 , 06:58 PM
Quote:
Originally Posted by SuperSwag
Speaking of Dan Marino, LINK is at 54 cents which isn't bad considering it was much lower. It's a meme though right? or something like that.
Thank you.....I'm trying to help you guys out. Chainlink is what makes everything work with crypto and smart contracts. You needed 300 ETH just to get into the ICO so it wasn't for joe six pack to invest in and biz polled their money together in presale links to take a chunk off the market.

Google "chainlink the most divisive token" and you'll see the article.

Holochain and chainlink is all you need. You guys think I'm just some ****** shilling. But you will see soon enough that you should have listened.

Just go to 4chan biz once or twice a day for the next few days. And you will ALWAYS see multiple chainlink threads up and it's been that way every single day for over a year now
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02-07-2019 , 08:04 PM
You're like if clickbait was a living thing.
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02-08-2019 , 12:52 AM
I hope he's like 18. If he's a grown man investing anything significant into trash like Chainlink and Holo then god bless him.
Virtual Currency - Alt Coin Discussion Thread Quote
02-08-2019 , 05:45 AM
Quote:
Originally Posted by TheMVP
I hope he's like 18. If he's a grown man investing anything significant into trash like Chainlink and Holo then god bless him.
Holo isn't trash, it's just overvalued.
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02-08-2019 , 06:58 AM
All tokens are trash, they can be printed at will. It's extremely likely that a single person at Holo could print another 100m tokens tomorrow and you'd have no legal precedent to stop it.

The bubble may have scarred me, but Bitcoin maximalism makes more sense to me than ever before.

Blockchain works for one single concept, digital scarcity. Bitcoin is the only one you can count on for that scarcity to remain.

Dapps sound cool, but good luck getting enough people to care for them ever to work in real life.
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02-08-2019 , 07:05 AM
I believe the Factoid (FCT) tokenomics are sound.


Also, just because something is scarce doesn’t make it valuable. The value proposition blockchain offers me is ledger immutability. Is that where you are inferring the scarcity is derived from?

Last edited by As1an1nvas1on; 02-08-2019 at 07:25 AM.
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02-08-2019 , 09:38 AM
Quote:
Originally Posted by TheMVP
All tokens are trash, they can be printed at will. It's extremely likely that a single person at Holo could print another 100m tokens tomorrow and you'd have no legal precedent to stop it.
Huh? This isn't true. Most tokens don't have the ability to print more post creation.
Virtual Currency - Alt Coin Discussion Thread Quote
02-08-2019 , 09:47 AM
Quote:
Originally Posted by As1an1nvas1on
Also, just because something is scarce doesn’t make it valuable. The value proposition blockchain offers me is ledger immutability. Is that where you are inferring the scarcity is derived from?
Sure you can word it like that if you'd like. BTC is still the only ledger that you can count on being immutable going forward.

Quote:
Originally Posted by housenuts
Huh? This isn't true. Most tokens don't have the ability to print more post creation.
The point is you're relying on one or at most like four people to carry out the project with the current token metrics with no legal precedent to stop them if they don't. If they can't increase the supply of HOLO they can simply migrate to HOLLO or whatever and continue.

And all that assumes that the project has any value at all.
Virtual Currency - Alt Coin Discussion Thread Quote
02-08-2019 , 12:10 PM
Quote:
Originally Posted by TheMVP
All tokens are trash, they can be printed at will. It's extremely likely that a single person at Holo could print another 100m tokens tomorrow and you'd have no legal precedent to stop it.

The bubble may have scarred me, but Bitcoin maximalism makes more sense to me than ever before.

Blockchain works for one single concept, digital scarcity. Bitcoin is the only one you can count on for that scarcity to remain.

Dapps sound cool, but good luck getting enough people to care for them ever to work in real life.
Hell yeah. It's this simple.
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02-08-2019 , 12:14 PM
Quote:
Originally Posted by housenuts
Huh? This isn't true. Most tokens don't have the ability to print more post creation.
How do you think this works? I have a feeling you misunderstand some of the basics of this technology.
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02-08-2019 , 12:30 PM
Quote:
Originally Posted by CoolTimer
How do you think this works? I have a feeling you misunderstand some of the basics of this technology.
Lol. I guarantee I know more than anyone in this thread about this.

There was one token a few months ago where the founder printed more.

https://www.ccn.com/oyster-protocol-...smart-contract

Find me other reputable tokens that also have the ability to endlessly mint more tokens.

There's a reason there's a total token supply. It's a fixed amount that is unchangeable and set by the smart contract on creation.
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02-08-2019 , 01:42 PM
Quote:
Originally Posted by housenuts
Lol. I guarantee I know more than anyone in this thread about this.

There was one token a few months ago where the founder printed more.

https://www.ccn.com/oyster-protocol-...smart-contract

Find me other reputable tokens that also have the ability to endlessly mint more tokens.

There's a reason there's a total token supply. It's a fixed amount that is unchangeable and set by the smart contract on creation.
funfair can apparently
Virtual Currency - Alt Coin Discussion Thread Quote
02-08-2019 , 01:52 PM
Quote:
Originally Posted by reztes757
funfair can apparently
Just had a look. Their total supply has not increased. Their code does not appear to be able to increase the total supply.

There is a difference between circulating supply and total supply.
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02-08-2019 , 03:07 PM


"Crypto prices appear to be getting a magical bump from Mimblewimble,... and a complete lack of liquidity in crypto right now,... Everyone is short. When someone starts covering their shorts, the market goes wild."
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02-08-2019 , 03:55 PM
Quote:
Originally Posted by housenuts
Just had a look. Their total supply has not increased. Their code does not appear to be able to increase the total supply.

There is a difference between circulating supply and total supply.
Just because it has not increased does not mean it is not possible.

they can upgrade their entire token contract
they can do anything they want
destroy it, steal all your tokens, decrease supply, mint themselves infinite tokens
essentially they can replace their current contract with a new one
without changing the root interaction address. so they can do fancy attacks on exchanges. just give themself a ****load of tokens and clear the entire buy order book
Virtual Currency - Alt Coin Discussion Thread Quote
02-08-2019 , 04:02 PM
you're wrong
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02-08-2019 , 04:10 PM
Quote:
Originally Posted by housenuts
you're wrong
well those aren't my words, that comes from multiple top solidity devs. Happy to put you in contact with them on discord if you would like to discuss it with them.

It was brought to Funfair dev teams attention on reddit and their response was, "we arent going to comment on anything regarding this topic" before it was removed.
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02-08-2019 , 04:15 PM
No reputable project has a token with those features. They are smart contracts. They are created with a set of features. One of those features is to remove the owner so no changes can be made after it goes live.

I would be highly skeptical of and never hold tokens of a project that allowed for changes at the token level to be made.
Virtual Currency - Alt Coin Discussion Thread Quote
02-08-2019 , 04:17 PM
Quote:
Originally Posted by housenuts
No reputable project has a token with those features. They are smart contracts. They are created with a set of features. One of those features is to remove the owner so no changes can be made after it goes live.

I would be highly skeptical of and never hold tokens of a project that allowed for changes at the token level to be made.
Again, if you want to discuss the technical aspects of my claim, I will be happy to put you in contact with multiple top solidity devs that have verified what I said on discord that can explain to you in detail if you understand solidity well enough.
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02-08-2019 , 04:20 PM
Not going to waste my time. Perhaps you are correct about FunFair. I don't care for that sh*tcoin. You aren't correct in your assertion that this is the case for all tokens. I already know all the top devs in the space, including Vitalik since 2013.

Read the article I posted about Oyster. There was a trap door in that sh*tcoin. That's not typical, otherwise we'd see it way more often.
Virtual Currency - Alt Coin Discussion Thread Quote
02-08-2019 , 04:20 PM
Quote:
Originally Posted by housenuts
Not going to waste my time. Perhaps you are correct about FunFair. I don't care for that sh*tcoin. You aren't correct in your assertion that this is the case for all tokens. I already know all the top devs in the space, including Vitalik since 2013.
Feel free to quote me where I said this is the case for any token besides funfair
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02-08-2019 , 04:23 PM
Not you, others in the thread that started this discussion with preposterous claims.
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