What do you guys think about decred? I kinda like it, because it seems like bitcoin but with (almost) all problems solved. Im not sure though, I might be missing something. I did buy quite a bit recently (for long term).

Never heard of it. Honestly with everything else out there that possibly has bitcoins problems fixed, and also do other things like ETH with the whole smart contracts and what not, I just don't see room for any random coins coming up through the ranks. First off the biggest problems all those coins face is liquidity. They may have fixed something small, but with no liquidity or adoption they will sit with the other thousands just like them.

It has happened and probably will again, but I don't see it being a coin that "fixed bitcoins problems", it would have to be something totally new and different.

Altcoins are good for temporary pumps if you can time them right.

In the long term I see very few taking over bitcoin or ethereum. Especially tokens that are build on top of those protocols. The underlying protocol should always have greater success long-term.

If you take a look at the top "assets" most of them are built upon Ethereum: http://coinmarketcap.com/assets/

I decided to switch some Bitcoins into Ethereum and Monero recently; after the pump of course.

Xrp is on a charge. That's the type of thing when I say something will have to be different to rise up the ranks. I played it years ago and caught it's first bubble, and used it and learned some about it. I liked it because the no mining aspect of it. Wasn't a big fan of the whole 2/3rds is controlled by owners who were in big fight with Jed a past owner who they didn't want selling his xrp. Honestly I think they should have let him unload and if the price crashed, so be it. It would be temporary. Now they did Jed a favor by making him hundreds of millions.

A bit mad I didn't pick up on this one again, I don't plan on chasing it.

Also, I remember they started having very strict KYC to use ripple. One of my favorite aspects of bitcoin and such is the ability to collect my poker winnings in a few hours. Obv ripple won't be able to do this. In fact, if you think about it, if ripple did gain traction, it would actually give people an easy way to buy cryptos through it. I like the whole concept of it but find it boring as in being a PayPal 2.0 type thing.

This jump in Ripple is crazy now, it just went up about 500 million in market cap in a couple hours.

1000% gain in about 10 days now.

which one of u **** heads own rep?

shoot me a pm, i want to discuss some ideas.

https://www.reddit.com/r/ethereum/co...ersion_of_the/

Don't understand any of the code obviously. What I really like though is how Vitalik keeps people in the loop as progress moves forward. Always exciting to realize this POS might actually happen.

However, I don't know about this 8-10% return for stakers people are throwing out there. It would be 1-2% inflation. I don't know where they got it from or if it's true. It would seem the most logical thing to do if it was possible is to do it like lending on exchanges. Whoever's willing to do it cheapest gets the gig. I would imagine everyone and their brother would be lining up to stake coins at 8-10%.

https://twitter.com/SatoshiLite/stat...95527268564992

http://cosmos.network just raised their cap, $17MM in under 30 minutes.

I may be way off base, but upon watching the video, it seems similar to ripple. The ability to change from one currency to another instantly.

It's not. Its a platform so various different blockchains can interact with each other

Just bought 50 lite and 10,000 xrp

I kind of liked xrp when I used it. It was different. I don't like the whole agreement they made with their past owner Jed, and the fact they have 30 odd billion in circulation, yet hold 60 billion themselves. They had the same amount in circulation years ago. At what point are they going to put more into circulation? XRP has had a history of bubbling and busting, don't see why this time would be any different. It has no liquidity which is why it bubbles so easy. With volumes up, Jed gets to sell more on a daily basis, I think him alone will be enough to keep XRP from running to the upside then people will get bored with it and it will begin it's run back to the ground as Jed continues to sell his max allowed each day.

They should have just let him unload along time ago, now they've made him millions and millions of dollars by making him hold.. WTF?

As for litecoin, I don't like the high 10% inflation rate for the next 3 years. Then it will halve, but all the other coins will still have lower inflation rates. Bitcoin will be down to 1.7%. Who wants a high inflation coin? I don't see it going anywhere, another bubble and bust.

Just getting into this stuff. Obviously a bit late but been reading a bit and watching lots of youtube vids. Created a coinbase account and bought some ethereum the other day. Also created a block chain account (wallet?). Which ethereum wallet do you guys recommend? With regards to exchanges Kraken or Poloniex? Should I be buying little pieces of btc too or just stack ethereum?

Kraken is good.
Polo has the most volume for crypto trades but they don't have fiat.
For wallet, it would depend on how much you are holding.
I wouldn't keep too much on a phone wallet, but for day to day or quick transfers I like Jaxx.

For larger holdings use hardware (ledger nano s)
Myetherwallet works as well

For bitcoin generating a paper wallet at bitaddress.org is also good.

Make sure to backup any passwords in multiple offline places and save any wallet files on multiple USBs

I just bought a couple hundred of ICN. I'm thinking they are close to releasing open beta and their ICNx fund can be useful to people who wants exposure to alts but don't want the shadiness of polo and the usual pump&dump.

Longer term, Melonport has a much better team and a much deeper vision but they are still a year or two away from opening shop tho.

I have some experience with bc and storing them locally, never bought any alt coins though. Do people just keep them at the exchange which is obviously very risky? I am not talking about the established ones like LTC or ETH. Is it recommended to download every wallet + virtual box just cause the file itself might not be safe?

You are buying a scam

How so? They have a working product

Because you're investing in a hedge fund where the underlying assets dont even represent the token that was launched at ICO. So now you got bait and switched.

It's not even clear to me that possessing the tokens gives you a legal claim for assets inside the hedge fund. Certainly you do not have a claim through the blockchain. In the real world-- e.g. an actual court with a judge in an actual jurisdiction i have no idea.

So you're basically hoping that whoever runs iconomi will always conduct themselves in a manner that represents the original purpose of the token sale- at ICO. Which they already have violated by no longer planning to issue dividends.

Hedge funds in the real world get massively out performed vis a vis to passive investing and straight SP500 investing.

ICN sucks cock and anyone who buys into it is a moron/idiot who needs to lose money.

ICN have changed their model to not pay out any dividends? I thought that was the whole point

There are a few multi currency wallets that support different alts (Exodus, Coinomi etc). Some of the smaller alts have got hardware wallet support too.
Generally though I think a lot (too many) people are keeping their alts on exchange, and we all know how that ends. I understand why though its a headache and a security risk downloading Nigeriacoin wallets.

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

i thought it was a great idea (both that of ICN and the switch to buyback) initially but now that it seems the ICN token has nothing to do with repayment i am out.

i bought some ripple. is gatehub a safe place to store it? i'm thinking of long term storage.