Topic: The state of crypto - The only serious thread on the subforum - page 13. (Read 19463 times)
September 06, 2015, 07:34:14 AM
I added the anonymity features link to original post. As for Ethereum, it doesn't seem like anything is really set in stone for it, so not really worth commenting yet as in saying, so and so will work or won't work in the long term.
September 06, 2015, 07:03:27 AM
Re to the OP:
Bitshares will have privacy with Bitshares 2.0 (can be enabled or disabled within the wallet) too https://bitsharestalk.org/index.php?topic=17687.30 (see the whole thread).
Ethereum's proposal for POS is casper. See https://blog.ethereum.org/2015/08/01/introducing-casper-friendly-ghost/
Review by D. Larimer http://bytemaster.github.io/2015/08/08/Review-of-Casper-Ethereums-proposed-Proof-of-Stake-Algorithm/
Bitassets are backed by Bitshares not by themselves. And Bitshares (BTS) have value apart from being a collateral for Bitassets. BTS is the core asset of a platform that supports many use cases besides Bitassets.
Bitshares will have privacy with Bitshares 2.0 (can be enabled or disabled within the wallet) too https://bitsharestalk.org/index.php?topic=17687.30 (see the whole thread).
Ethereum's proposal for POS is casper. See https://blog.ethereum.org/2015/08/01/introducing-casper-friendly-ghost/
Review by D. Larimer http://bytemaster.github.io/2015/08/08/Review-of-Casper-Ethereums-proposed-Proof-of-Stake-Algorithm/
Bitassets are backed by Bitshares not by themselves. And Bitshares (BTS) have value apart from being a collateral for Bitassets. BTS is the core asset of a platform that supports many use cases besides Bitassets.
September 06, 2015, 06:53:30 AM
Someone linked this in an XMR thread, probably bullish for crypto in general as people try to avoid more inflationary government "coins":
http://yournewswire.com/denmark-becomes-first-country-to-ban-cash/
Situation for Monero looking kind of blah at the moment, but as everybody knows, someone like Rptiela can just double it's price at any time:
In other news, Bitshares still rising with volume increasing way beyond Ethereum on Poloniex, and any second Kelsey will probably attempt to hand you a brochure for Litecoin for some unknown reason.
http://yournewswire.com/denmark-becomes-first-country-to-ban-cash/
Situation for Monero looking kind of blah at the moment, but as everybody knows, someone like Rptiela can just double it's price at any time:
Halftime is kind of a milestone.
Soon we will see if Monero will get any meaningful valuation or not.
Soon there is no excuses such as "the emission is too high for any higher price". Emission is not going to be high anymore and if the market cap will not start rising during the coming 1 year, it probably will not rise ever. There will be no momentum and then the scenario which is going to happen most likely will happen and the coin start to decline little by little as the "long time holders" start to empty their plastic bags from coins.
There is not much time for excuses anymore. Until these days we have been able to argue that the emission is high - in my opinion it is not that high anymore and especially as there will be only 100 % more coins to be mined (again, excluded the tail emission),
Soon we will see if Monero will get any meaningful valuation or not.
Soon there is no excuses such as "the emission is too high for any higher price". Emission is not going to be high anymore and if the market cap will not start rising during the coming 1 year, it probably will not rise ever. There will be no momentum and then the scenario which is going to happen most likely will happen and the coin start to decline little by little as the "long time holders" start to empty their plastic bags from coins.
There is not much time for excuses anymore. Until these days we have been able to argue that the emission is high - in my opinion it is not that high anymore and especially as there will be only 100 % more coins to be mined (again, excluded the tail emission),
In other news, Bitshares still rising with volume increasing way beyond Ethereum on Poloniex, and any second Kelsey will probably attempt to hand you a brochure for Litecoin for some unknown reason.
September 05, 2015, 11:00:30 PM
In order to reach Joe Public it has to be convenient, and easy enough that someone with a 5 grade education will be able to understand how to use it.
It must be decentralized, in other words a P2P network system.
It must be mobile/portable such as a debit/credit card size preferably or a small screen flip phone.
The network application must be fast as in less than 20 seconds to get a send/receive confirmation back to Joe.
Given these above I am not sure how your going to be able to scale any blockchain to an international Paypal level, let alone to the VISA level.
An example that I have in mind is the SMS text messaging that is used worldwide on 3G flip phones, and I am not talking about any smart phones.
If the SMS texting network could be some how used to send and receive crypto-currency that would be a boon to the crypto environment.
It must be decentralized, in other words a P2P network system.
It must be mobile/portable such as a debit/credit card size preferably or a small screen flip phone.
The network application must be fast as in less than 20 seconds to get a send/receive confirmation back to Joe.
Given these above I am not sure how your going to be able to scale any blockchain to an international Paypal level, let alone to the VISA level.
An example that I have in mind is the SMS text messaging that is used worldwide on 3G flip phones, and I am not talking about any smart phones.
If the SMS texting network could be some how used to send and receive crypto-currency that would be a boon to the crypto environment.
September 05, 2015, 10:48:28 PM
i think many of the older 2013 and prior coins have evolved and improved to be of great value/usefulness then the 2.0 original coin types.
September 05, 2015, 09:09:53 PM
The question here is how do we find the ways crypto can truly help the everyday user, that have not been done yet, and find a way to make them happen.
How do we make a crypto that has a real selling point, that is compelling enough to move the prospective user?
What do people need? What non-crypto platforms are successful now? How can they be improved, joined, and made more useful than they are now, then incorporated into a decentralized crypto?
What brand new ways of doing things can we offer?
Id say blockchain turing completeness combined with a new structured programming design can be powerful for software in general. How do we make a crypto that has a real selling point, that is compelling enough to move the prospective user?
What do people need? What non-crypto platforms are successful now? How can they be improved, joined, and made more useful than they are now, then incorporated into a decentralized crypto?
What brand new ways of doing things can we offer?
September 05, 2015, 08:18:34 PM
The question here is how do we find the ways crypto can truly help the everyday user, that have not been done yet, and find a way to make them happen.
How do we make a crypto that has a real selling point, that is compelling enough to move the prospective user?
What do people need? What non-crypto platforms are successful now? How can they be improved, joined, and made more useful than they are now, then incorporated into a decentralized crypto?
What brand new ways of doing things can we offer?
How do we make a crypto that has a real selling point, that is compelling enough to move the prospective user?
What do people need? What non-crypto platforms are successful now? How can they be improved, joined, and made more useful than they are now, then incorporated into a decentralized crypto?
What brand new ways of doing things can we offer?
September 05, 2015, 07:52:16 PM
I would check back in 3 month. And see where price is
September 05, 2015, 07:13:48 PM
24hrs in any market (unless you're daytrading and your op post certainly was not daytrading advice), has little relevance.
You don't reach what is now double the volume of Ethereum without fundamentals
Ethereum itself has only been on the market for a relatively short time. Coins get hot, then they're not (and maybe someday hot again). That's how this game works.
Take a look after 6-12 months over the course of the entire period and see if the picture is the same. It may be, it may not be, but I agree that 24 hours is almost entirely meaningless.
September 05, 2015, 07:08:10 PM
24hrs in any market (unless you're daytrading and your op post certainly was not daytrading advice), has little relevance.
You don't reach what is now double the volume of Ethereum without fundamentals
September 05, 2015, 07:05:35 PM
Is that possible?
yes, but again your not even on the same page, and to put you where i'm at would be too long a journey with zero point.
True, and it's good that you're able to admit it.
saves us both alot of meaningless effort
September 05, 2015, 06:41:35 PM
Is that possible?
yes, but again your not even on the same page, and to put you where i'm at would be too long a journey with zero point.
True, and it's good that you're able to admit it.
September 05, 2015, 06:17:00 PM
If someone read the original post, followed the conclusion, and went to market with that information, you would currently be up 40% profit in a time span of 24 hours:
Hold your horses my man! 8 months ago BTS was at 0.00009, then started falling as a rock. Trust me, I held over 100,000 BTS, but then they started falling as a rock from the sky.
Also, this little recovery smells just like a little pump and dump scheme, since I cant find any reason, any news, why the BTS are rising at the moment!
.
2.0 will be out before oct 21. They will announce a 1 month testing period before the "pitchfork." Feature set and browser based wallet look pretty nice...
https://bitcointalksearch.org/topic/it-takes-courage-to-launch-bitshares-20-before-october-21-2015-1171829
September 05, 2015, 06:14:17 PM
If someone read the original post, followed the conclusion, and went to market with that information, you would currently be up 40% profit in a time span of 24 hours:
Hold your horses my man! 8 months ago BTS was at 0.00009, then started falling as a rock. Trust me, I held over 100,000 BTS, but then they started falling as a rock from the sky.
Also, this little recovery smells just like a little pump and dump scheme, since I cant find any reason, any news, why the BTS are rising at the moment!
.
September 05, 2015, 06:08:53 PM
If someone read the original post, followed the conclusion, and went to market with that information, you would currently be up 40% profit in a time span of 24 hours:
if they' done the same 12 months ago they'd be down 90%
24hrs in any market (unless you're daytrading and your op post certainly was not daytrading advice), has little relevance.
September 05, 2015, 06:05:04 PM
Is that possible?
yes, but again your not even on the same page, and to put you where i'm at would be too long a journey with zero point.
however earlier you eluded to bitcoin evolving into what i (and others) need, personally i can't see this happening as bitcoins been going more in the opposite direction, however i don't discount an offshoot of bitcoin evolving so.
September 05, 2015, 04:21:06 PM
If someone read the original post, followed the conclusion, and went to market with that information, you would currently be up 40% profit in a time span of 24 hours:
September 05, 2015, 02:55:26 PM
NXT is for kids while xmr bts and emunie are for grown ups...
please explain
September 05, 2015, 12:14:34 PM
Did someone mention being out on a limb?
Far from a technical person I've allowed my understanding of the cryptosphere osmosify within my mind over the year or so since discovering it's existence.
This thread is definitely one of the better one's I've been able to absorb with a modicum of clarity. When BTC et al becomes the simple mechanism of commerce for the everyday user without the corrupt machinations of current systems, then we will begin to see the light at the end of the tunnel toward a more egalitarian future for all who live on this planet.
As always there will be those who are more equal than others through circumstance, talent, hard work and luck.
There is a caveat however that I would like to point toward. We can do everything there is to be done to bring this world to a more sane plane and it may come to pass that that equilibrium may hold for a millennium or two, or three. But there is always the possibility that future generations will become bored with that status quo and thus chaos will have it's turn at the wheel again.
This thread is worth a pin...please continue to osmosify my mind.
~may all hatred cease and let there be peace~
Far from a technical person I've allowed my understanding of the cryptosphere osmosify within my mind over the year or so since discovering it's existence.
This thread is definitely one of the better one's I've been able to absorb with a modicum of clarity. When BTC et al becomes the simple mechanism of commerce for the everyday user without the corrupt machinations of current systems, then we will begin to see the light at the end of the tunnel toward a more egalitarian future for all who live on this planet.
As always there will be those who are more equal than others through circumstance, talent, hard work and luck.
There is a caveat however that I would like to point toward. We can do everything there is to be done to bring this world to a more sane plane and it may come to pass that that equilibrium may hold for a millennium or two, or three. But there is always the possibility that future generations will become bored with that status quo and thus chaos will have it's turn at the wheel again.
This thread is worth a pin...please continue to osmosify my mind.
~may all hatred cease and let there be peace~
September 05, 2015, 11:36:18 AM
Now, if you think DPoS is the future, then there's plenty of room for that too. You'll probably be able to spend it the same places you can spend Bitcoin.
That's why Crypti is built with DPoS as well, and all decentralized applications will run in their own DPoS sidechains as well.
Jump to: