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

02-05-2020 , 01:35 AM
Quote:
Originally Posted by 5 south
The Korean govt is moving from physical ID cards to using the ICX developed digital ID and storing on the ICX blockchain. Does this mean there is now a big influx of outside capital moving into ICX and causing their coin to have real value? No idea but imagine the US announced all social security data was moving onto the EOS blockchain. Again not sure if it puts hard cash behind the coin but I think it would be a pretty big deal and the exposure of EOS would be huge.
So at least there is a decent reason for the pump and shows the ongoing development of the ICX blockchain/technology. If ICX become the de facto blockchain for all things Korean govt then that's gotta be worth something? Or the coin still has no use case and now it's a govt back ponzi? Could argue either way I guess.
Just stop for a second, use your own brain and think how stupid this is.

What is a blockchain? Simple: a decentralised database.

Now, do you think it is smart for a government to issue IDs on an immutable database that they don't control?

And how will the ICX token be involved? Will citizens have to pay ICX every time they use their ID like the video example at the Icon office?

Blockchain is pointless for anything other than digital money. Just because the Korean government may have been temporarily bamboozled into believing there is a usecase doesn't mean a thing.

Funny that you brought up EOS too. They raised $4 BILLION dollars. It's now 2 years later and it is used for absolutely nothing at all.

The latest news is that the EOS social network Voice (which will inevitably fail miserably) won't even launch on the mainnet and instead use a private chain.
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02-05-2020 , 04:41 AM
Agree with MVP. Just look at VET and you'll see a system that people have been shilling for years with the same logic, and the price hasn't been rewarding. The hype of the future is usually worth way more than the future itself.

A good rule is when the moon bois are the loudest and the price is parabolic, its time to exit. Some posters here are great indicators.

Last edited by Pinkmann; 02-05-2020 at 04:48 AM.
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02-05-2020 , 05:06 AM
Quote:
Originally Posted by TheMVP
Just stop for a second, use your own brain and think how stupid this is.

What is a blockchain? Simple: a decentralised database.

Now, do you think it is smart for a government to issue IDs on an immutable database that they don't control?

And how will the ICX token be involved? Will citizens have to pay ICX every time they use their ID like the video example at the Icon office?

Blockchain is pointless for anything other than digital money. Just because the Korean government may have been temporarily bamboozled into believing there is a usecase doesn't mean a thing.

Funny that you brought up EOS too. They raised $4 BILLION dollars. It's now 2 years later and it is used for absolutely nothing at all.

The latest news is that the EOS social network Voice (which will inevitably fail miserably) won't even launch on the mainnet and instead use a private chain.
I was just quoting you based on your statement that blockchain is only useful for digital scarcity. The Korean govt, right or wrong, is considering moving their national ID system onto a blockchain so there is another possible use case. Why would they want "an immutable database that they don't control" to house their data? Maybe because 5 years ago their database at the time was hacked and 80% of their citizen's data was compromised. So maybe they feel giving up control for better security is worth it. I really don't know and don't have a dog in the fight was merely pointing out that there could be a real world case that is causing a pump beyond "good tech, solid team".

It's all speculation at this point but not sure why you care. It would be like me going into some Christian religion thread and telling them all how they're wasting their time. It's not worth my time although could be more justified as some of those wackos may actually be in charge of legislating laws that affect my life.
If you're so sure that this technology is a big nothing burger why waste one brain cell thinking about it. Do you also seek out flat earth forums to troll them?
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02-05-2020 , 05:32 AM
So you're asking why do we debate anything at all on the internet?

It's a valid question lol, but I'm not trolling, I'm legitimately trying to help you. These coins are all worthless, there is no possible future at all for any of them.

All you have to do is understand what a blockchain is and how it works and you can work out for yourself that there are no use-cases that make sense whatsoever other than digital scarcity.

Even with digital scarcity you need independent nodes to verify the blocks. A brief look at Icon and I see they have 'C-Reps' instead of independent nodes that I guess have to be voted in? If someone can hack the government I assure you they can also hack a 'C-Rep'.
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02-05-2020 , 06:32 AM
I don't think you need to help me. I'd be surprised if I've even posted 5 times in this thread before today.
I just found it interesting that a country like Korea was exploring the idea as a possible reason for the pump. I'd say they're fairly forward thinking when it comes to technology and would be noteworthy if they do decide to go in this direction but you can keep on railing for the greater good and possibly help other souls.
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02-05-2020 , 06:53 AM
TheMVP vs closet shill

TheMVP wins

FLAWLESS VICTORY
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02-05-2020 , 09:35 AM
Just ignore these losers... they are laughing stock already
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02-05-2020 , 11:36 AM
Quote:
Originally Posted by TheMVP
That Icon video was ******ed. But of course it was because blockchains are not useful for anything at all beyond digital scarcity.

Own ICX and pay every time you ID yourself to enter work! Incredible usecase! Blockchain adoption!
You're an incredible big idiot, you know that? Drop the fkn ego bro, you aint smart, you def not smarter than these geniuses working on blockchain!

It's much bigger than that, they'll be running entire countries on blockchain eventually.

Listen to Hoskinson on Ivan on Tech channel, it's live right now on Youtube. He gives a lot of info why, who will be using blockchains.
Virtual Currency - Alt Coin Discussion Thread Quote
02-05-2020 , 04:46 PM
Quote:
Originally Posted by 5 south
The Korean govt is moving from physical ID cards to using the ICX developed digital ID and storing on the ICX blockchain. Does this mean there is now a big influx of outside capital moving into ICX and causing their coin to have real value? No idea but imagine the US announced all social security data was moving onto the EOS blockchain. Again not sure if it puts hard cash behind the coin but I think it would be a pretty big deal and the exposure of EOS would be huge.
So at least there is a decent reason for the pump and shows the ongoing development of the ICX blockchain/technology. If ICX become the de facto blockchain for all things Korean govt then that's gotta be worth something? Or the coin still has no use case and now it's a govt back ponzi? Could argue either way I guess.
big if true
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02-05-2020 , 06:48 PM
Blockchain for identity is flawed on so many level.
Blockchain + central authority = bad database.
Identify on a Blockchain mean horrible privacy.
If you want a digital identity that's called a certificate and you don't need a Blockchain for that.
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02-06-2020 , 05:47 AM
Quote:
Originally Posted by White_Gatsby
You're an incredible big idiot
Bold claim for someone who has been crying in the poker is rigged thread claiming all the sites are rigged. The reality is you just suck at poker mate and your only hope of success is 1000x ing your money with some shitcoin. Guess thats why you can't see the truth that they are all worthless.
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02-06-2020 , 05:58 AM
I'd say White_Gatsby has surpassed ToothSayer in idiotic takes. Congrats, seriously!
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02-06-2020 , 03:17 PM
Just ride the 1 min waves for now, worry about the other stuff in 10/15 years it's that far away atleast
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02-06-2020 , 09:31 PM
Quote:
Originally Posted by U shove i call
Bold claim for someone who has been crying in the poker is rigged thread claiming all the sites are rigged. The reality is you just suck at poker mate and your only hope of success is 1000x ing your money with some shitcoin. Guess thats why you can't see the truth that they are all worthless.
All worthless, so bitcoin is worthless?

Just trying to understand where you are coming from. Are you 1 of these ******s bitcoin maximalists that has those horse blinkers on because you are too stupid to appropriately assess things around you.

Or are you extra ******ed like Roubini or Shiff who will fight tooth and nail that all crypto is a scam because his gimp overlords tell him so, so indoctrinated with the current system (scam) that anything else that challenges his world view is obviously a fraud! They are either so blind while living in this scam and accepting it as truth or they know exactly how scammy it is( more sinister option and my preferred option) and they'd rather keep up the charade because it benefits them greatly to do so. Hence why they hate bitcoin and crypto currencies so much!

So who are you, moron?

For the record all sites are rigged, it's not rocket science!

We'll see about my "bold claim" in 3-10 years, until then stfu!

It really isn't that bold, well unless you are a complete blinded ******, then it might look bold. In reality it's rather obvious for anyone with half a brain.

Last edited by White_Gatsby; 02-06-2020 at 09:55 PM.
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02-06-2020 , 09:38 PM
Please do explain horse blinkers
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02-06-2020 , 09:48 PM
Quote:
Originally Posted by de captain
Please do explain horse blinkers
It needs explaining?

They are blinded by dogma, whatever case they are trying to make for bitcoin, to be the 1 and only is complete horseshit.

Whether that be money, store of value or some other use case for blockchain.

I see many use cases, why would one think the entire world would run on 1 blockchain?

Ethereum will take a share of the store of value away from bitcoin, without a doubt. Not to say bitcoin won't still be a good store of value, but why only have 1 option?
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02-06-2020 , 10:39 PM
Quote:
Originally Posted by White_Gatsby
All worthless, so bitcoin is worthless?
No

Quote:
Originally Posted by White_Gatsby
Are you 1 of these bitcoin maximalists
Yes

Quote:
Originally Posted by White_Gatsby
For the record all sites are rigged, it's not rocket science!
It gets less rigged the better you get.
Virtual Currency - Alt Coin Discussion Thread Quote
02-06-2020 , 11:12 PM
Quote:
Originally Posted by U shove i call
No



Yes



It gets less rigged the better you get.
I got you covered, read my reply, its an honest description of somebody like you.

Nothing to do with getting better. Rigged is rigged, period. Don't be a part of the scam!

You're like a fanatic religious person, pick any! My religion is the only true religion, all others are crap! In all honesty they are either all right or all wrong, as all of them have the same story!
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02-07-2020 , 01:26 AM
Quote:
Originally Posted by CoolTimer
I'd say White_Gatsby has surpassed ToothSayer in idiotic takes. Congrats, seriously!
Another braindead fanatic who thinks his religion is the "only" right one!

Step outside of your 1 dimensional bubble and open your damn eyes already!

Last edited by White_Gatsby; 02-07-2020 at 01:50 AM.
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02-08-2020 , 09:46 PM
10,000 Incoming for BTC and BSV is in striking distance of BCH... What BSV 'is' will be one of the biggest story trends of the early year once they do overtake BCH.
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02-08-2020 , 10:44 PM
Do we have 1 fast food chain?
Do we have 1 car manufacturer?
Do we have 1 supermarket chain?
Do we have 1 clothing line?

Do you honestly think we will have only 1 blockchain? If you do, I don't know what to tell you.

LinkedIN says blockchain developers are the number 1 highest paid job, higher even than AI developers, number 1 in emerging jobs and number 1 "hard skill" for 2020. Anybody who thinks crypto is dead or alt coins are going to 0, seriously needs their heads examined!

https://www.coindesk.com/linkedin-sa...skill-for-2020
https://www.computerworld.com/articl...rging-job.html

Seriously, the only people calling this movement a scam, calling blockchain and cryptocurrencies a scam, are the people that want you to stay dead broke. They are the snakes, that are benefiting from our current system, the flawed, scammy system that has 99% of it's people poor, while 1% live the best life ever!

Think about that, the current system is flawed and broken, it's a massive ponzi, but they want you to believe that the very innovative and competitive cryptocurrencies that fight the very corrupt system, is actually the scam. Think about that!!

Last edited by White_Gatsby; 02-08-2020 at 11:07 PM.
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02-08-2020 , 11:01 PM
10k Boooooooooooooooooooooooooooooooooooooommmmmmmmmmm mmmmmmmmmmm!
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02-08-2020 , 11:14 PM
Lets take a moment, 1 minute silence and send prayers to all the naysayers, all the scammers and all the dirty bears, suppressing Bitcoin to go to moon!!

My prayers are with you but we will go to the moon and after realising just how scmmy and **** you all are, I truly hope you go dead broke in the process, you don't deserve wealth, prosperity and the good life.

We did it!!! 10k moon time!

15k by the summer??
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02-08-2020 , 11:38 PM
Lets hope that 10k forms some solid support and then its anyone's guess.

15k is definitely possible and may be even conservative considering BTC flashed from 7500 to 13500 over the course of 30 days in June 2019.

9800 and 9300 are good supports but a strong 10K would be great for the whole market psychologically.
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02-08-2020 , 11:55 PM
Why y'all posting about bitcoin price in the altcoin thread?
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