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

10-09-2017 , 02:03 PM
Neos github activaty looks like a summer project and Not a billion dollar economy



Jokes on you guys.
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10-09-2017 , 02:10 PM
Holding something worth $1mil and buying/selling something worth $1mil is irrelevant to the fact that it’s still worth 1mil.
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10-09-2017 , 07:00 PM
Quote:
Originally Posted by Go Get It
Just want to say that for ripple to have a value of ~$2.00 it would have to have a cap of ~$100MM... Which is basically the same as BTC and ETH's combined cap as of right now.
This should have read ~$100B btw.
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10-10-2017 , 03:18 AM
Quote:
Originally Posted by Go Get It
This should have read ~$100B btw.
this is incorrect given that there is only a circulating supply of 38/39B.
The rest is in escrow for business purposes.

Without being opinionated about ripple its a moneymaker.
Will it go crazy and end up with massive gains, probably not.
As said in this thread, its kind of a safer option with profit potential.
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10-10-2017 , 03:31 AM
Quote:
Originally Posted by aggo
Neos github activaty looks like a summer project and Not a billion dollar economy



Jokes on you guys.
What makes you say this?

I've been using GitHub for a little under a year on group and personal projects so I've become pretty familiar with it and priority number 1 for me this weekend is digging through their public repos.

I'm drank the Koolaid so far on NEO (didn't sell my early position on the run-up).

I think Wealthy Chinese are scared to death of their government/own fiat currency and it's helping to explain this crypto bubble this year (Chinese $ fleeing to anything and everything shiny...alt-coins, Vancouver Real-Estate, west coast US properties etc.. etc....
NEO seems like a fun way to have exposure to this and you're going to pay me a dividend (GAS) to hold it? SURE I'll play
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10-10-2017 , 10:20 AM
Quote:
Originally Posted by Duffman08
I think Wealthy Chinese are scared to death of their government/own fiat currency and it's helping to explain this crypto bubble this year (Chinese $ fleeing to anything and everything shiny...alt-coins, Vancouver Real-Estate, west coast US properties etc.. etc....
i'm no authority on chinese law or regulations but i do know that chinese people been highly restricted and also limited on how they are allowed to invest their money. i remember a story on 60 minutes like 8 years ago about the chinese ghost cities. they simply aren't free to spend their money exactly however they want to.

it's obvious to me why bitcoin is a very attractive option for a chinese investor. unfortunately the government reaction is perfectly predictable too. seems like a very tough battle for widespread crypto use to take hold anywhere that the citizens are legitimately afraid of the government.
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10-10-2017 , 01:32 PM
Quote:
Originally Posted by nickjehz
this is incorrect given that there is only a circulating supply of 38/39B.
The rest is in escrow for business purposes.

Without being opinionated about ripple its a moneymaker.
Will it go crazy and end up with massive gains, probably not.
As said in this thread, its kind of a safer option with profit potential.
The first post I made said it needed a one hundred million dollar marketcap to have x value, that was the mistake, it needs one hundred billion.

Wasn't referring to the amount in circulation.
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10-10-2017 , 02:04 PM
This was published yesterday. I'm the co-founder of ScriptDrop and our token sale is coming soon.

https://www.forbes.com/sites/matthun.../#4f251650614d
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10-10-2017 , 02:41 PM
lol forbes
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10-11-2017 , 03:16 AM
Quote:
Originally Posted by Buffettology
This was published yesterday. I'm the co-founder of ScriptDrop and our token sale is coming soon.

https://www.forbes.com/sites/matthun.../#4f251650614d
Scammers coming straight in now.
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10-11-2017 , 10:37 AM
Quote:
Originally Posted by case3
Scammers coming straight in now.
how dare you sir. you really don't think the mail order Rx business needs its own form of currency?
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10-11-2017 , 05:34 PM
Quote:
Originally Posted by case3
Scammers coming straight in now.
I'd like to address your statement, but it's too broad.

Why do you think we're scammers?

Our entire team has public profiles. We have operational products that are already helping pharmacies and we're working with a national pharmacy chain.

Our token has genuine utility in our ecosystem. Patients interact with our med reminder app and then can use the tokens to pay down their prescription co-pay.
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10-11-2017 , 07:35 PM
Quote:
Originally Posted by Buffettology
I'd like to address your statement, but it's too broad.

Why do you think we're scammers?

Our entire team has public profiles. We have operational products that are already helping pharmacies and we're working with a national pharmacy chain.

Our token has genuine utility in our ecosystem. Patients interact with our med reminder app and then can use the tokens to pay down their prescription co-pay.
It's not too broad if you try. You are the one taking the money. Lay out the arguments against you and then counter them. An idea to help you get started:

Why would people buy these? Why does someone need thousands of dollars of tokens that give them co-pay discounts or whatever? They don't. The only reason anyone will buy these is to sell them for more money. How does your accounting then work? These are securities? Or are they are sales revenue you will pay taxes on? If the price of the tokens goes up 5x, will you deliver 5x more utility? Etc Etc.

You can criticize this project from every angle it has. You are either playing dumb or too clueless to realize you are a scammer.
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10-11-2017 , 08:08 PM
Quote:
Originally Posted by Buffettology
This was published yesterday. I'm the co-founder of ScriptDrop and our token sale is coming soon.

https://www.forbes.com/sites/matthun.../#4f251650614d
seems like the opportunity of a lifetime. never before have i had the chance to advance purchase thousands of dollars worth of coupons for mail delivery prescriptions.

i thought i was the luckiest guy on earth when i had the chance to purchase dozens and dozens of membership subscriptions to an online bitcoin pawn shop, $SALT. it looks like lightning strikes twice and i'm about to get lucky again. the grannies are going to be knocking on my door and asking me to sell them my ScriptDrop tokens. well too bad grandma, i'll be HODLing!
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10-11-2017 , 09:40 PM
Quote:
Originally Posted by augie_
seems like the opportunity of a lifetime. never before have i had the chance to advance purchase thousands of dollars worth of coupons for mail delivery prescriptions.

i thought i was the luckiest guy on earth when i had the chance to purchase dozens and dozens of membership subscriptions to an online bitcoin pawn shop, $SALT. it looks like lightning strikes twice and i'm about to get lucky again. the grannies are going to be knocking on my door and asking me to sell them my ScriptDrop tokens. well too bad grandma, i'll be HODLing!
Quote:
Originally Posted by bjornb
They are trading at a ridiculous 70 cents USD which is hilarious for a currency that no one uses.
Not saying you're wrong, but I think it's best to actually research these coins/tokens rather than automatically write them off because you don't immediately understand their value proposition.
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10-11-2017 , 10:05 PM
Quote:
Originally Posted by TheMVP
Not saying you're wrong, but I think it's best to actually research these coins/tokens rather than automatically write them off because you don't immediately understand their value proposition.
MVP, your posts in this forum are the herpes on the penis of the internet. stop responding to me you mongoloid. a reading contest between you and me would be like a fight to the death between a gorilla and a monarch butterfly.
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10-11-2017 , 10:48 PM
lol wowzers

wtf is a 'reading contest'?
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10-12-2017 , 12:06 AM
just used shapeshift for the first time. wow, what a nice product! atomic swaps will destroy it but shapeshift should still be useful for a little while longer.

i used shapeshift to trade the $8 in BTC i have lying around for some ETH. i'm going to create my own token and i think it's gonna be huge. not a joke token like ScriptDrop. the people who purchase my token will actually receive something of great value.

i'm actually kind of excited about this. i can't spill the beans because someone sharp will rip me off in two seconds. but unlike a lame coupon, gift card, or membership, my token will be a bona fide product!
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10-12-2017 , 08:46 AM
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10-12-2017 , 10:41 AM
whats everyones thoughts on ARK? looks like has potential to me
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10-12-2017 , 02:08 PM
Quote:
Originally Posted by case3
It's not too broad if you try. You are the one taking the money. Lay out the arguments against you and then counter them. An idea to help you get started:

Why would people buy these? Why does someone need thousands of dollars of tokens that give them co-pay discounts or whatever? They don't. The only reason anyone will buy these is to sell them for more money. How does your accounting then work? These are securities? Or are they are sales revenue you will pay taxes on? If the price of the tokens goes up 5x, will you deliver 5x more utility? Etc Etc.

You can criticize this project from every angle it has. You are either playing dumb or too clueless to realize you are a scammer.
1. Pharma companies and other healthcare companies are buying them to access patient health information. Patients will buy them to apply to their co-pays. Pharma companies are also buying them to distribute to patients that are taking their drugs. Co-pay sensitivity is one of the number one causes for prescription non-adherence.

2. There are patients that have co-pays that are so expensive that they can't afford them. They then go without treatment and get sicker. You're probably healthy and that's a great thing. Not everyone is so fortunate.

3. The accounting counts the tokens as future sales. It will be evenly distributed as realized revenue, as we scale.

4. Not a security. We use one of the better legal firms in the U.S. as our counsel.

5. If the price of the token does go up, we are able to impact a higher number of patients. With them being divisible, and the biggest jump in co-pay sensitivity at $18 we can begin addressing it more aggressively.

What is your definition of scammer? Is it someone that is deploying a blockchain and token that you don't deem "worthy"? Is it a company that you don't fully understand what they are doing, so you write them off as "clueless"?

All I can tell you on whether we are scammers or not is we have products in the market. We've raised VC funding, which included a lot of due diligence. Our goal is to help as many patients as possible and drive down the cost of healthcare for them. If that meets your definition of "scammer" then I'm not sure what else to do.

If you have any more questions, I really do want to address them. We have so much work to do and I want to create as many allies as possible.
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10-13-2017 , 02:58 PM
Anyone catch the massive upswing on Monacoin? I strongly contemplated buying it around $3 but I didn't pull the trigger
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10-13-2017 , 03:08 PM
There is some educated guessing and getting in early on coins that are undervalued and not readily available but I think most of the coins are overvalued even at initial offering. Try not to be results oriented when something goes to the Moon and you missed it.

You might have reason to believe bitcoin was going up this month because it was due for a retrace and another fork was coming. That is a logical reason to invest in a proven coin.

Some of these other coins I would liken to playing roulette and if you put your money on all of them you’re going to lose unless you get a really good price. If you put your money on some of them without good logic behind why you’re investing you’re just gambling.
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10-13-2017 , 07:18 PM
Quote:
Originally Posted by gotgot123
whats everyones thoughts on ARK? looks like has potential to me
would be interested in hearing this as well. I hear it touted a lot and am not sure whether its worth an add to my portfolio or not. Optimally i'd like to hold only 5 or so solid alts max
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10-16-2017 , 05:57 AM
Is anyone getting in on the Electroneum ICO?
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