Topic: Only the strong will survive this most people here are going to be burned hard. (Read 722 times)

AFAIK Dan is the designer and sole coder (this could be incorrect and there are others working in his team) this i can only imagine is the reason it is taking over 2 years to have this working (blocknet) I know there is some collaboration now with sys dev and themselves too. The thing is the atomic swap is now fully funcitonal and it can be tested with ltc and sys and i think bitbay the GUI is what is holding up the mass market being able to easily use it. I have been told any pos3 coin will work with it and obviously ltc, sys, and although I'm not techwise myself I believe i remember them saying any coin with a certain (common) piece of code can be added at will and very easily. I believe it is perhaps the clock time verify bit of code or something else. I mean you seem more techwise than myself so I'm sure you could find this out. When i said i think they have a strong dev team i didn't mean in terms of numbers of coders/designers. I really meant that they have a known designer/coder that now apparently is sticking around and finishing what he started. I am not sure 100% if they have some junior help or even some others in their team. The fact they have pulled this off so far gives me hope they are capable just a little slower than ideally you want to see.

The first release will be good and I have taken a risk on this project by buying back what i had previously dumped. I will be more excited when the ability to atomic trade from your machine without having every blockchain fully downloaded is going to be possible. Although for those that trade in and out of a few main large projects this is not so important but I like to trade quite a few coins.

I very much think that decentralised exchanges are a big piece of the puzzle missing here. If you want trustless end to end currency you need trustless decentralised exchanges.

I am not saying blocknet is a guaranteed gold mine opportunity only that I have put some in to older projects that have kept going and are nearing vital parts of their road maps that will make them useful and stand out. Blocknet is not the only one of course I have found quite a few and have been stocking up on a bit of each of them. If it turns out they are too slow and it does not make the impact i'm hoping it will then I will lose and that's the risk you take. However I am looking now for proven over time tested devs that have kept going and have come through with chunks of their planned roadmaps, hopefully too their distribution is far wider now and has moved hands several times.

I think you hit the nail on the head right there.  I can only see a bear market in Ethereum's future with all of the capitol that's flowed into these ICOs.  They essentially helped create the bull market and will be helping sustain the bear market for likely years to come.

Imo the biggest problem with these ICO valuations is that it uses the over inflated price of ether during the ICO.

No way these coins would raise 200 million USD in value if ether was sub 100 usd. And ether only gained its value due to these icos sucking all ether out of circulation for a while. This is going to be interesting when all the projects need to cash into their ether reserves or fail to deliver.

What other devs do they have working on it besides Dan?

And can you clarify that they're working on Blocknet being able to P2P trade WITHOUT atomic swaps enabled on coins or just with coins that have atomic swaps enabled?

Well I agree with you except some differences...

First football coin and any other ICO i have in my sig ever - never invest in anything you dont research for yourself. I believe all ICOS must be widely advertised and open ended only then does it cut down opportunity for manipulation and market making. Even then it is still not ideal and all icos should have a 50% pow period. I simply advertise and earn from banners. Everyone should wear the banners you advetise icos and stop stealth icos and you get some tokens for free. Closed ended icos are ideal for scams they are essentially instamines or premines where whales simply donate money to themselves or insiders for free tokens. Sigs are for awareness only everyone must do deep research before investing btc.

Never take any banner from anyone as an endorsement you can blindly invest in. Only if you research and think they sound useful or could generate adoption and use.

xcoin or perhaps you mean xcurrency and blocknet.... these are either going to be big or be nothing. I was pro blocknet, then assumed it was a scam and now I am back on board with them. WHY? well it is not a clone of waves. It is real atomic trading. Waves is not. If blocknet actually get a move on instead of taking forever with this project it can be the largest project this year. I am back on because 2 very well known devs outside of their project that tried their code and it worked. Coblee and sidjag both confirmed they have working atomic trades. Too early to say if it is going to come off soon enough not to get over run by others but if they get it out soon with a nice gui and also get it so you don't need the entire blockchain of every coin you want to trade on your machine (this is still possible this year) then it can and should be a top 10 contender. This is an old project apparently been working in stealth which caused me and many others to think it was a scam. I now see this project as having huge potential.

xcurrency - well if they can pull off blocknet with full atomic trading then their plans for xc seem very plausible since really it looks like they will just adopt zcash instead of mixing like dash. The dev team is quite strong but they lack communication skills and their projects look dead for months so even when they come up with ground breaking stuff it does not get traction because their communities are too small to create impact here. Need to get more active and informative on here. I don't use slack so some say it is more active there. I have recently got back the xc i had dumped. We will see.

Having said all of that they are gambles more than solid solid proven adopted projects like btc and ltc of course. But good gambles in my books. Been around for years and have created provable working tech that is very useful re blocknet atomic trading. These are the types I am currently looking for and stocking up on.

I'm not going to list the projects I think are strong and will survive and flourish since that is just another pump thread then. However I just responded to your points relating to specific projects.

There are several old projects that I think will continue to grow and rise in strength these have working functional code from many years of work and their roadmaps are realistic and moving forward. Their distribution by now is also wide and strong.




Byteball - yes I don't really like that way of distribution because those with the most btc get the most byteball with no risk to their btc.
However yes many top devs recognise this as a very interesting novel project that is doing well regardless of it being given for free. Looks very promising in the future if the distribution continues on track.

I would love to see a full technical breakdown on the strengths and weaknesses of some anon coins crossed by their market caps and resulting investment rating at current prices.... sadly very few people have the skills required to do that. I do think anon will be appealing to some and a few of these will come out strong investments.

cloak,dash,pivx,xc (current mixing form and zcash version) zcash, zcoin, xmr,bbr, sdc (now particl)

Well it is also a good thing if many shitcoins just die out.

We need coins with tech backing them, otherwise we will just be speculating and not investing

This is true, trading pump and dump shitcoins is fun but you need to lock most of your capital in solid long term hodls

I think you're on the money (except football coin ... really?) 

The only thing I'll add is that

A.)  This has happened before (just not to this quantity).   Remember that guy who owned a bunch of porn sites and launched his own mutualfund coin that pumped for a month or two and now it's worthless?  Imagine dozens of those happening.

B.)  Developers that move in and rebrand a coin, add one or two features.  What's happening is they're buying super cheap worthless tokens, buying up at the bottom, adding some features, dumping on noobs heads and then eventually moving on.  Anyone remember the "truckcoin to hypercoin" rebrand? 

C.)  Remember 90% of everything in here is a way to dump on noobs.  That's what 90% of the alt market is.  There are projects that aren't (Litecoin I guess ... which I still hate from way back in the Fibonacci days).  Monero.  I also like Byteball as they're distributing based on bitcoin hodlings (so basically free) although we've never seen one of these coins go anywhere.

XCoin (remember the "closed source anonymous" coin from back in the day?) is dead but they're doing dev work on the Blocknet (which I assume is a shitty clone of Waves just like XCoin was a kinda shitty clone of the likes of darkcoin X11 algo which was already a scam).  They did an ICO for that one. 

EOS is literally starting with a rebranded Bitshares, and it uses the Ethereum network even though it says it's going to be way faster, and they say they'll never release their own coin.  You're just trading something that will only ever be on the Eth network.

There are so many ways of taking candy from the babies right now.  . .

Did we really think every one of these shit coins released daily were going to keep appreciating in value?

BTC, LTC and projects with real use cases that have realistic road maps with proven development.

Take away from those above manipulated schemes where a few whales took all the tokens because that is never going to work out well. Those devs some with real skill and their whale friends know they make more from jumping from project to project leaving bagholders everywhere once they dumped out all over your heads. Avoid those unless you can time you entrance and exit perfectly.

If a developer has had a previous project and left to create a new one you can be sure they will pull that again and again.

CMC is the most dangerous tool here. Beware of those manipulating there to suck you in.

Look for OLD proven projects that are consistent and have stood the test of time. The top 100 CMC is riddled with new shit projects that appeared in the last few weeks none of which have anything to offer accept dreams and talk. Most are highly manipulated scams and will be reduced to dust once the devs and insiders have finished selling it all to you for magnitudes more than it is every going to be worth before they jump to a new ICO.

Most ICO coins here will suffer the largest losses. Their tokens generated from thin air and sold to insiders to be ransomed off to noobs for crazy caps ... they look like they are holding up okay until they collapse over night and development halts well i say development but the rambling on about future development on unrealistic roadmaps hits a dead end.

BTC LTC and a small selection of others will still come out of this far stronger than they are now but you can kiss most of these insta ico coins goodbye they are still being propped up by insiders and whales but they will be jumping ship soon.

Some of the oldest ICO coins who still have development going years later are safer bets and distribution by now will be way better or should be so some of those will not essentially nose dive long term like these more recent dreams and talk manipulated insta ico scams.

100Billion is still tiny and huge growth to come for sure but most of these ico projects now in the top 100 will be long gone by then with your btc.