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Old 03-24-2019, 11:28 AM   #6201
eddymitchel
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by White_Gatsby View Post
Why bank on Ethereum's success?

I guess you are not impressed with their whole infrastructure "Bedrock" or them joining forces with Voyager?

In my opinion they have time, probably at least another year, perhaps 2 before we see the next BTC run. I don't want to write them off so soon. They are working hard to build a product, while many projects are either dead or gone broke. Lets not forget that even if they are still not finished, it still doesn't even matter, as we still need a user-base, we still need the masses to join and they might not join within a few years, it's my best guess that it will take another 10 years.

In my opinion even if they still suck ass (according to you) just the fact of bull market, should see most **** coins with even a hint of usability or utility shoot up massively.

As to your point regarding Ethos worthless and whether it might succeed or not, that pretty much goes for 99% of the coins right now. And not all coins are created equally, many are doing nothing or gone broke, Ethos is at least 1 of the projects that is constantly buidling their project, that has to stand for something, many projects are dead and just **** p/d but some are working hard during this bear market, it's those gems you have to find imo.

You either believe Crypto is the future or you don't. If Crypto fails (highly unlikely imo) then they all fail, if Crypto is indeed adopted by the masses, then many projects will be a success.

Name me some projects you think will thrive once Crypto is more mainstream.
None of that make the token valuable past stupid pump and dump.
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Old 03-24-2019, 02:05 PM   #6202
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Re: Virtual Currency - Alt Coin Discussion Thread

So you think it's just not the right time to buy alt coins or do you jut not see any doing well?
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Old 03-24-2019, 02:35 PM   #6203
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Re: Virtual Currency - Alt Coin Discussion Thread

I wouldn't buy tokens that are already proven to be nothing.
Cardano Is years away from failing or success. Unlike eos that is already a proven failure.
Pretty much every coins you listed have no speculative hype left.

Some coins have network effect + are secure and keep developing features why focusing on scam past icos that won't deliver anything to token holders.

Btc looks close to a bottom why buy a ton of **** coin.
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Old 03-24-2019, 02:55 PM   #6204
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Re: Virtual Currency - Alt Coin Discussion Thread

Do you think the coins I listed are scam icos? And are already proven to be nothing?

Yeah btc looks pretty good, hoping for a double bottom test around the summer, we then have like 300+ days of accumulation between 3k-4k. That's similar to 2014.
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Old 03-24-2019, 03:12 PM   #6205
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Re: Virtual Currency - Alt Coin Discussion Thread

Let's continue with your favorite :
It's either profitable to invest and it will be an illegal security or not profitable and it's a ****ty kick starter.
For the sake of the company they have no advantage with case 1 they already got funded and now their only interest is profiting from the service not making bagholder rich. At worse they ll spend the money and move on to new projects.
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Old 03-24-2019, 03:19 PM   #6206
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by White_Gatsby View Post
Time to start accumulating your fav **** coin! By the time next bull market comes it will be too late!!

Who's buying what?

Tell me if I'm making a big mistake buying these **** coins
Ethos
ICX
WanChain

I'm also building a position for BTC and ETH and a couple more ****coins that I think will do well.

All this won't happen until next 2021 and later.
I don't own any but there seems to be a lot of hype for NANO on reddit. I think right now nobody really knows what will happen. There is LTC halving and BTC halving coming up. But people seem to be divided on what will happen, will LTC go to 10 dollars before halving?
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Old 03-24-2019, 03:39 PM   #6207
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Re: Virtual Currency - Alt Coin Discussion Thread

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I don't own any but there seems to be a lot of hype for NANO on reddit. I think right now nobody really knows what will happen. There is LTC halving and BTC halving coming up. But people seem to be divided on what will happen, will LTC go to 10 dollars before halving?
Yeah I like Nano too. As for ltc going to $10, it's possible if BTC decides to go for another leg lower, I guess. Although I wouldn't be surprised if LTC do it's thing with the halving coming up etc. Might detach and go on it's own bull run!

Happy to trade it either way. Just look for key support or resistances getting broken or holding.
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Old 03-24-2019, 03:41 PM   #6208
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by eddymitchel View Post
Let's continue with your favorite :
It's either profitable to invest and it will be an illegal security or not profitable and it's a ****ty kick starter.
For the sake of the company they have no advantage with case 1 they already got funded and now their only interest is profiting from the service not making bagholder rich. At worse they ll spend the money and move on to new projects.
I'm not sure I follow. Are you talking Ethos? If Ethos is growing and has an actual working product, people need to use the token. Not sure what you are saying but I assume that if the project grows then it's market cap grows and thus the value of the coin.
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Old 03-24-2019, 03:45 PM   #6209
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Re: Virtual Currency - Alt Coin Discussion Thread

The problem with nano is nobody seems to care about it Appart from reddit bag holders.
After 16 months I never found anything bad about it but the lack of traction beside last year pumps and dumps is really concerning.
Appart from Charlie Lee last year saying it's an interesting projects I ve seen no big name talking about it at all.
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Old 03-24-2019, 03:57 PM   #6210
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Re: Virtual Currency - Alt Coin Discussion Thread

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I'm not sure I follow. Are you talking Ethos? If Ethos is growing and has an actual working product, people need to use the token. Not sure what you are saying but I assume that if the project grows then it's market cap grows and thus the value of the coin.
You can pay services with anything not only those tokens.
If the token value is **** why would they want to get paid with an illiquid chucky cheese token.
They have no community to salvage. The best course of action at this point would be rebranding and promoting their app to clueless people.
BTW who do you think is doing better now: cash.app, Robinhood, abra or ethos.
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Old 03-24-2019, 04:00 PM   #6211
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Re: Virtual Currency - Alt Coin Discussion Thread

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The problem with nano is nobody seems to care about it Appart from reddit bag holders.
After 16 months I never found anything bad about it but the lack of traction beside last year pumps and dumps is really concerning.
Appart from Charlie Lee last year saying it's an interesting projects I ve seen no big name talking about it at all.
Yeah, it's a shame really, the coin is super fast and free. What's not to like!

I just took a look at LTC, honestly think $20 might of been the bottom. Would be surprised to see it go under that, small chance it hits $15 but not holding my breath for that.

We might see $38-$40, if we can't push up past $70 soon. If we do push up past $70, I think we the lowest we go down to is $50. All just speculation though and my crazy TA lol.

Want to see how it plays out but probably safe to buy dips and just let it run for the next few years!
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Old 03-24-2019, 04:16 PM   #6212
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Re: Virtual Currency - Alt Coin Discussion Thread

I kinda think LTC might go on a run of its own. I can't exactly describe why but I have a feeling.

Right now my bag (besides BTC) is Stellar, ICX, LTC, HOT and BSV (LOL).

Stellar: Always had a lot of rumors swirling around it. Could just be a ****coin idk. Always rumors of FB getting involved with this.

ICX: Dumpster fire

LTC: Just had a feeling about this coin.

HOT: lots of reddit hype. I sold some ****coins and just dumped it in this.

BSV: I watched Craig Wright's conference on this and I literally understood zero of what he was talking about. Decided to just get some for the **** of it.
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Old 03-24-2019, 05:28 PM   #6213
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Re: Virtual Currency - Alt Coin Discussion Thread

Right now I would be trading Stellar for btc. The obvious coinbase pump is over at the very least and I'm not too confident about the IBM stuff.
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Old 03-26-2019, 12:28 AM   #6214
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Re: Virtual Currency - Alt Coin Discussion Thread

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BSV: I watched Craig Wright's conference on this and I literally understood zero of what he was talking about. Decided to just get some for the **** of it.
He doesn't know, either...
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Old 03-26-2019, 04:49 AM   #6215
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Re: Virtual Currency - Alt Coin Discussion Thread

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Yeah, it's a shame really, the coin is super fast and free. What's not to like!
Nano is just a database that a few select volunteers update out of the kindness of their heart, that's why it's free.

Who knows why these volunteers maintain the database for free, probably because they have big bags themselves.

It's worthless.
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Old 03-26-2019, 05:34 AM   #6216
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Re: Virtual Currency - Alt Coin Discussion Thread

That description seems highly inaccurate
Every blockchain is a database that volunteers keep updated for self interest and or as a public service.

How secure the block lattice concept is ? I ve no clue but i m surprised that i never saw anyone reputable trashing this coin.
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Old 03-26-2019, 02:16 PM   #6217
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Re: Virtual Currency - Alt Coin Discussion Thread

Which means it's a proof of stake coin, and proof of stake doesn't work.
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Old 03-26-2019, 02:21 PM   #6218
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Re: Virtual Currency - Alt Coin Discussion Thread

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Which means it's a proof of stake coin, and proof of stake doesn't work.
Orly?
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Old 03-26-2019, 02:29 PM   #6219
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Re: Virtual Currency - Alt Coin Discussion Thread

Doesn't seem to be pos either.
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Old 03-26-2019, 04:22 PM   #6220
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by eddymitchel View Post
Doesn't seem to be pos either.
Quote:
Originally Posted by eddymitchel View Post
That description seems highly inaccurate
Every blockchain is a database that volunteers keep updated for self interest and or as a public service.

How secure the block lattice concept is ? I ve no clue but i m surprised that i never saw anyone reputable trashing this coin.
It depends on how literal you want to be in your definition of Proof of Stake. They are motivated only by the value of the stake they have in the system, not by obtaining more of the currency.

Quote:
Originally Posted by housenuts View Post
Orly?
It's a pie in the sky, a promise of a solution to the Byzantine Generals' Problem without the cost of Proof of Work. The problem was unsolved for a very long time, until Satoshi Nakamoto solved it with Bitcoin. Assuming that there will be another solution, especially one with much fewer drawbacks, without compelling arguments, is absurd. Every proposed solution I have read, falls apart or degrades into a convoluted Proof of Work under adversarial condition. Without adversarial conditions, centralized systems are superior in every way.
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Old 03-26-2019, 04:39 PM   #6221
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Re: Virtual Currency - Alt Coin Discussion Thread

Quote:
Originally Posted by Mat Cauthon View Post
It depends on how literal you want to be in your definition of Proof of Stake. They are motivated only by the value of the stake they have in the system, not by obtaining more of the currency.



It's a pie in the sky, a promise of a solution to the Byzantine Generals' Problem without the cost of Proof of Work. The problem was unsolved for a very long time, until Satoshi Nakamoto solved it with Bitcoin. Assuming that there will be another solution, especially one with much fewer drawbacks, without compelling arguments, is absurd. Every proposed solution I have read, falls apart or degrades into a convoluted Proof of Work under adversarial condition. Without adversarial conditions, centralized systems are superior in every way.
Everybody with bags should read this post multiple times until they truly understand. It will save you a lot of money.
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Old 03-26-2019, 05:12 PM   #6222
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by Mat Cauthon View Post
It's a pie in the sky, a promise of a solution to the Byzantine Generals' Problem without the cost of Proof of Work. The problem was unsolved for a very long time, until Satoshi Nakamoto solved it with Bitcoin. Assuming that there will be another solution, especially one with much fewer drawbacks, without compelling arguments, is absurd. Every proposed solution I have read, falls apart or degrades into a convoluted Proof of Work under adversarial condition. Without adversarial conditions, centralized systems are superior in every way.
I don't know the answer, but iyo are Qtum, Cosmos, Cardano, Tezos not secure?
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Old 03-27-2019, 01:51 PM   #6223
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Re: Virtual Currency - Alt Coin Discussion Thread

Damn Cardano is pumping. That coinbase hype is real + ledger support is making me wonder when to trade back to btc.
It's been a while my blockfolio is green more often than not.
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Old 03-27-2019, 04:57 PM   #6224
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Re: Virtual Currency - Alt Coin Discussion Thread

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Damn Cardano is pumping. That coinbase hype is real + ledger support is making me wonder when to trade back to btc.
It's been a while my blockfolio is green more often than not.
i was hanging with charles the past few days. might go down to his iohk summit in miami next month. CCR and Steve Miller Band will be there too.
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Old 03-27-2019, 04:58 PM   #6225
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