Topic: What is the perfect hedge for our bitcoins? - page 3. (Read 4975 times)
Ethereum has a bit of static inflation, which is good for long term, but bad for short term, i'd pick an Asset inside of ethereum which serves as a good revenue generating DApp and hold that. I'd also hold some bitshares.
None of the above. If BTC goes tits up then I'll wait for a self developing coin run by a bot so it's immune to politics, tribalism, greed and corruption.
Nxt get's my vote as well, most innovative tech coin out there right now.
Nxt is the most successful one and it has brought so much innovations in the crypto world that it is a question of time to see that reflection in the price.
NXT would be my pick. These guys deserve a chance for all the innovation and hard work.
Also the old Nothing at Stake claims that are based on maybe 2 papers are just pure FUD and proven wrong! No worries here!
Also the old Nothing at Stake claims that are based on maybe 2 papers are just pure FUD and proven wrong! No worries here!
Bitshares has pegged fiat currencies, even has gold, silver and nasdaq composite indices:
http://www.bitsharesblocks.com/assets/market
nuBits is also pegged to USD.
http://www.bitsharesblocks.com/assets/market
nuBits is also pegged to USD.
Well, that's true. We will see (hopefully not) how these coins are doing during a bitcoin collapse
. But I guess a general distrust towards cryptoes will have some effect even on the most stable coins. Actually I'm really curious. 1. There are no crypto what would be "pegged" to some real life stuff what have some real importance. Without such independent economy practically everything pegged to bitcoin.
Bitshares has pegged fiat currencies, even has gold, silver and nasdaq composite indices:
http://www.bitsharesblocks.com/assets/market
nuBits is also pegged to USD.
The dollar has been strong and your argument hold some water however by being out of crypto totally you risk missing out on possible exponential growth when the crypto bear market is finally over. If BTC starts rocketing upwards again the better ALTS will do so as well and likely gain significantly against BTC. OTOH if the bear market is still in tact you could make significant gains in crypto terms by being in fiat.
Its been such a prolonged bear market and given the market behavior of the last few months I think we are going up from here. And if that blocksize issue is resolved we could CCMF really fast.
Its been such a prolonged bear market and given the market behavior of the last few months I think we are going up from here. And if that blocksize issue is resolved we could CCMF really fast.
That's why I said "At the bottom with USD I can buy back shitloads of all sorts of coins..."
I think there are two "problems" with crypto:
1. There are no crypto what would be "pegged" to some real life stuff what have some real importance. Without such independent economy practically everything pegged to bitcoin.
2. A very large percent of the people in crypto aren't here for tecnology or for some libertarian dreams, maybe for freedom from the banks, but strictly for financial gains, and their thinking is "pegged" to fiat.
Because of 1. if bitcoin goes down everything will go down (no exception) and because of 2. a lot of people going to panic sell as fast as they can therefore causing an even bigger trouble.
If it's about hedging then I also vote for fiat (namely USD). A BTC collapse most likely will drag down all cryptoes to rock bottom. So USD is far from perfect (or even from good), but USD is still the most stable alternative. One more thing. At the bottom with USD I can buy back shitloads of all sorts of coins...
Damn! I never thought that I'll pump USD, but here we go
. I hope the core devs, Hearn and Gavin will rot in hell for this.
Damn! I never thought that I'll pump USD, but here we go
. I hope the core devs, Hearn and Gavin will rot in hell for this.The dollar has been strong and your argument hold some water however by being out of crypto totally you risk missing out on possible exponential growth when the crypto bear market is finally over. If BTC starts rocketing upwards again the better ALTS will do so as well and likely gain significantly against BTC. OTOH if the bear market is still in tact you could make significant gains in crypto terms by being in fiat.
Its been such a prolonged bear market and given the market behavior of the last few months I think we are going up from here. And if that blocksize issue is resolved we could CCMF really fast.
If it's about hedging then I also vote for fiat (namely USD). A BTC collapse most likely will drag down all cryptoes to rock bottom. So USD is far from perfect (or even from good), but USD is still the most stable alternative. One more thing. At the bottom with USD I can buy back shitloads of all sorts of coins...
Damn! I never thought that I'll pump USD, but here we go. I hope the core devs, Hearn and Gavin will rot in hell for this.
Damn! I never thought that I'll pump USD, but here we go
. I hope the core devs, Hearn and Gavin will rot in hell for this. 
proof of importance is the biggest bullshit scam ever invented. ¨
PoI is one of the most complicated consensus mechanisms in crypto created by real published academics. Stellar also has real academics working on their consensus mechanism, but it works in a completely different way so it is hard to compare.
For an in depth explanation you can read the technical report in chapter 7. http://nem.io/NEM_techRef.pdf
Fiat is the safest hedge if you're scared of Bitcoin.
Use it to buy some land. Problem solved.
Use it to buy some land. Problem solved.
I like NXT and still hodl a nice bag but the price is going south only. Why should I buy assets with NXT when I know my assets are less worth in some weeks because of the NXT permdumps?
Unfortunately all altcoins failed in creating a liquid and healthy altcoin/fiat market. I guess if BTC dies, all altcoins will die with it.
Best way to hedge is probably holding Fiat and wait for the next BTC flash crash
Unfortunately all altcoins failed in creating a liquid and healthy altcoin/fiat market. I guess if BTC dies, all altcoins will die with it.
Best way to hedge is probably holding Fiat and wait for the next BTC flash crash
proof of importance is the biggest bullshit scam ever invented. ¨
also, the Poelstra PoS criticism is deranged
also, the Poelstra PoS criticism is deranged
NXT is my choice! just because you have to own NXT to use the platform features
NEM has a lot of really interesting development and isn't plagued by much of the problems you listed above except low market cap and low volume as it is still a young platform.
Features
- NEM is built 100% from scratch (not a fork of any existing project)
- NEM is built with test-driven development
- NEM uses innovative Proof-of-Importance algorithm: first reputation based blockchain algorythm
- NEM improves different features of POW and POS coins, being more efficient and environmentally friendly
- NEM one minute average block times
- NEM is the first crypto with delegated harvesting
- NEM is the first with localized spam protection
- NEM is the first with Eigentrust++ peer reputation management
- NEM is the first editable m-of-n multisig with blockchain based alerts
- NEM offers encrypted, unencrypted and hex messaging
- NEM is easy to install with a one click installer
- NEM zero inflation (fixed supply, all 9 billion coins released at launch).
- NEM relatively large egalitarian distribution
- NEM will offer a mobile wallet for both iOS and Android (coming soon)
Features
- NEM is built 100% from scratch (not a fork of any existing project)
- NEM is built with test-driven development
- NEM uses innovative Proof-of-Importance algorithm: first reputation based blockchain algorythm
- NEM improves different features of POW and POS coins, being more efficient and environmentally friendly
- NEM one minute average block times
- NEM is the first crypto with delegated harvesting
- NEM is the first with localized spam protection
- NEM is the first with Eigentrust++ peer reputation management
- NEM is the first editable m-of-n multisig with blockchain based alerts
- NEM offers encrypted, unencrypted and hex messaging
- NEM is easy to install with a one click installer
- NEM zero inflation (fixed supply, all 9 billion coins released at launch).
- NEM relatively large egalitarian distribution
- NEM will offer a mobile wallet for both iOS and Android (coming soon)
The succes of a platform like NXT does not depend on the value of its tokens, the 'coins'.
It's silly to compare coins to platforms.
It's silly to compare coins to platforms.
hedge? what do you mean? if you mean USD, you should buy nubits, tether
I think Nxt is really a big for the longterm future. A lot of great updates are added all the time. The most innovative crypto around. Check nxtforum.org to learn about the features which will be implemented in version 1.6, 1.7 and 1.8. Really exciting times. The rest in crypto is kind of boring.
I think this is nothing but another Monero fanboy post cluttering up this forum.
When are you girls going to give up? Stop kicking the dead horse.
When are you girls going to give up? Stop kicking the dead horse.
Dead horse is testing DB and has a game* releasing next week. Your move, hater.
*A cyber economy with VR storefronts and property would be a more precise description.
Jump to: