http://bitcoinhivemind.com1 min reading brief:
1. future event determined contracts, aka 'bets', aka derivatives.
2. some new wikipedia where edits either (cost you money or make you money)
3. bitcoin
combine all 3
so it is a cool idea if you ignore the assumption that BTC is the only form of digital money, it looks like any crypto asset can be assigned as settlement in the concept this one project just deals in BTC.
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speaking of shorting or futures
yeah RUBY is in a classical to hot for reality up tick
the above 'hivemind' differs very little in concept from ETH or EXP ... the benefit with these 2.0 are that the 'protocol code' is embedded in the blockchain and not some 'wiki' server
it is wise to keep abreast with the 2.0 sector, because UNO is an excellent type of token to act as the 'locked-in' escrow asset
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"Bitcoin has gone wild today"
yes it has gone a bit looney ... +$100M ... my favorite stat of the day was seeing stellar trade volume shrink to nearly nothing compared to the field it ranks with ... why? Because it is an asset 96% controlled by a classic corporate structure (likely has +$1M payroll expense also) ... the numbers telegraph that they are responsible for most of the volume and when BTC is up they can not afford to float their BTC in wash trades less someone take it off the table ... so it looks like they just dryout the market and halt their normal routine.
right now btc is up 30% 7days ... and UNO is tagging along up 23% ... my guess is that once this very long run of green weeks is topped off you'll see a jump into the reserve/low inflation assets ... so BTC up UNO up ... BTC down UNO up ... not bad
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7 exchanges trading UNO ...
... i'm already looking to see if the UNO base pair market might expand out too ... say to a reputable fiat exchange in Asia or Brazil or Argentina or we make one in NZ
@BitcoinNational; Yeah, I don't care for the actual Bitcoin Hivemind project, I meant it's interesting that they would put themselves at 42% survival rate to make it through "Bitcoin 2.0" phases, yet the guy says that all "other altcoins" have a .01% chance of survival. If anything, I'd give his Hivemind project maybe a percentage to survive. Not that he isn't a smart guy, but he seems to think he did it first because he started work on it long ago or some crock.
I know this is off topic, but I really haven't been having the best luck with syncing a full node for XMR(Monero) I bootstrapped the blockchain, and then there are still ~130 days behind left to sync. Every time I try to let it sync the daemon eventually becomes non-responsive and I've still not had access to my 2 coins I bought. Other than that, it looks like a great thing, overall.
