Traktion Posted July 28, 2018 Share Posted July 28, 2018 2 hours ago, goldbug9999 said: It was just the turn of phrase, like it was nipping on its heals ... anyway, yeah there some interesting tech in there but it seems like a crowded space, blockstack for example looks similar. Blockstack is blockchain based. Some of the goals may be similar, but the technologies are completely different. Creating a more scalable, general purpose, successor to the blockchain is a much bigger challenge/goal. Quote Link to comment Share on other sites More sharing options...
Lovely Rum Posted July 29, 2018 Share Posted July 29, 2018 On 28/07/2018 at 15:24, Traktion said: Yes, priced on BTC, it has been outperforming BTC for the last few months. Not sure why it is so amusing to you, but whatever. It is one of the most interesting distributed tech project in the space and I am just glad to see it doing well again. The world needs technology like they are working on. yes, i didn't get the joke either good project but seems to be crawling along at a snails pace Quote Link to comment Share on other sites More sharing options...
crypto2001 Posted July 30, 2018 Share Posted July 30, 2018 BTC is showing us a tropical island on the horizon, some of our sails are damaged, but with binoculars we can already see girls on the beach with two big coconuts.. HODL don't sell ur alts at current prices. Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted July 30, 2018 Share Posted July 30, 2018 personally i think selling alts now is a good shout, alts wont be heading back upwards with any conviction until the next mania bubble which will be years away now. and by then most alts will have died, and the next set to be pumped wont be what your holding. it was sensible to sell alts at their crazy highs and move into bitcoin, holding Alts in the hope that they recover is foolish, the market has changed. HODL bitcoin SELL alts. Quote Link to comment Share on other sites More sharing options...
Traktion Posted July 30, 2018 Share Posted July 30, 2018 21 hours ago, Lovely Rum said: yes, i didn't get the joke either good project but seems to be crawling along at a snails pace They are trying to solve a very hard problem though, unlike many other projects in the space. They seem to have cracked the key problems now though and it is more about execution than R&D, after a long period of the reverse. Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted July 31, 2018 Share Posted July 31, 2018 (edited) bitcoin market dominance almost back to 50%, looks like we are seeing the long term decline of bitcoin loosing market share finally reversing. think longer term we will see an 80/20 rule, bitcoin being 80% of the market, and 20% for smaller odd-balls/pump and dumps/niche purposes Edited July 31, 2018 by jiltedjen Quote Link to comment Share on other sites More sharing options...
crypto2001 Posted July 31, 2018 Share Posted July 31, 2018 If we analyse the market we can see that altcoins will bleed sats for awhile, BTC will outperform most alts as BTC value and market dominance increases. However, once BTC levels out and starts trading sideways again, alts will come rushing back, outperforming BTC with a vengeance like they did at several points last year. It has happened before, and highly likely will happen again and I believe the market cycle will continue - personally I feel even if BTC does hit 80% dominance, the more dominant bitcoin is, the higher it's purchase power is. Good thing is it suggests that we are in an uptrend. Therefore, eventually investors will want to buy alts because their bitcoin will have huge purchase power. Quote Link to comment Share on other sites More sharing options...
Lovely Rum Posted July 31, 2018 Share Posted July 31, 2018 2 hours ago, jiltedjen said: bitcoin market dominance almost back to 50%, looks like we are seeing the long term decline of bitcoin loosing market share finally reversing. think longer term we will see an 80/20 rule, bitcoin being 80% of the market, and 20% for smaller odd-balls/pump and dumps/niche purposes no way, jose once the etf is approved the bigger alts will likely follow long term i see ether dominating the market. functionality, innit Quote Link to comment Share on other sites More sharing options...
Lovely Rum Posted July 31, 2018 Share Posted July 31, 2018 13 hours ago, Traktion said: They are trying to solve a very hard problem though, unlike many other projects in the space. They seem to have cracked the key problems now though and it is more about execution than R&D, after a long period of the reverse. i was so confident it would break the 6,000 sats resistance i bought in too soon. should've has waited for the the break. a school boy error! long term i think it has legs, though Quote Link to comment Share on other sites More sharing options...
Maximus Skepticus Posted August 2, 2018 Share Posted August 2, 2018 Its not looking good.....lots of dumping, almost manipulation... Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted August 2, 2018 Share Posted August 2, 2018 Nothing much happening, no ETF approval likely to happen, so its back to support until we start to ramp up for the halving. then the new supply of bitcoin hitting the market halves, giving a natural boost to the price, from the point that it halves. I said earlier that if you were not prepared to wait until late 2019, then this would of been a good selling opportunity, and to be weary as it looks like a bit of a short term bull-trap to me. of course selling Alts was always the sensible thing, the market has changed dramatically, alts can only do well short term in extreme mania phases, there may well be more pump and dumps in the next bubble, but by then they will be brand new alts, not whatever rubbish you hold now. HODL'ing alts is pretty mad. Quote Link to comment Share on other sites More sharing options...
goldbug9999 Posted August 2, 2018 Share Posted August 2, 2018 On 31/07/2018 at 10:43, Lovely Rum said: long term i see ether dominating the market. functionality, innit You seriously need to do more research, at this juncture there is pretty much zero possibility of etherium overtaking bitcoin. In fact etherium is looking worse than ever right now, its no longer possible for someone to run a full node who hasn't already synced the blockchain, my overall impression is that its a project in complete chaos generally. Quote Link to comment Share on other sites More sharing options...
Lovely Rum Posted August 3, 2018 Share Posted August 3, 2018 7 hours ago, goldbug9999 said: You seriously need to do more research, at this juncture there is pretty much zero possibility of etherium overtaking bitcoin. In fact etherium is looking worse than ever right now, its no longer possible for someone to run a full node who hasn't already synced the blockchain, my overall impression is that its a project in complete chaos generally. thanks for the advice, goldbug. at the risk of challenging your authority on the subject of cypto i must ask if you know anything about market cycles? Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted August 5, 2018 Share Posted August 5, 2018 the only thing that matters:http://www.bitcoinblockhalf.com/ there will be no ETF for many years to come but the halving is a dead cert! Quote Link to comment Share on other sites More sharing options...
dragging boot straps Posted August 7, 2018 Share Posted August 7, 2018 On 05/08/2018 at 13:43, jiltedjen said: the only thing that matters:http://www.bitcoinblockhalf.com/ there will be no ETF for many years to come but the halving is a dead cert! Apart from being the first main strem crypto what advantages does bitcoin have over say XRP? XRP is faster, cheaper transactions, decentralised. I'm struggling to see the point of bitcoin at all. It's like Napster. Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted August 7, 2018 Share Posted August 7, 2018 6 hours ago, dragging boot straps said: Apart from being the first main strem crypto what advantages does bitcoin have over say XRP? XRP is faster, cheaper transactions, decentralised. I'm struggling to see the point of bitcoin at all. It's like Napster. well its a good job that the market as a whole decides its value, not just your opinion. alts are worthless, just variations on a theme. People tend to hold alts, talk them up, and then try to compare bitcoin to failed projects like napster which is a bit of a joke of a meme now. its sad that people get burnt with alts, but at the same time sort of serves them right. why buy alts when bitcoin is the obvious future? the only real reason is greed and stupidity. fine make money from a pump and dump, just dont get left with the pile of poop bag of alts afterwards, sell up and get yourself a position in bitcoin while you still can. and of course bitcoin is the only game in town, feel free to post in the other threads about alts.... but of course they are all dead due to lack of interest. bitcoin derives its value from long time holders like myself who dont get bored. Quote Link to comment Share on other sites More sharing options...
Jonesy74 Posted August 7, 2018 Share Posted August 7, 2018 12 hours ago, dragging boot straps said: Apart from being the first main strem crypto what advantages does bitcoin have over say XRP? XRP is faster, cheaper transactions, decentralised. I'm struggling to see the point of bitcoin at all. It's like Napster. Enjoy your ripple ? more bitcoin for the rest of us who understood the need for crypto in the first place Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted August 8, 2018 Share Posted August 8, 2018 (edited) Need to start making memes no-coiners and no-bitcoiners various repeated cliche. 'it's like Napster' 'Bitcoin is like Myspace and my pet shite-coin is like Facebook' 'My shite-coin is better than bitcoin because XYZ' (meanwhile Alts becomes worthless) its not really that complicated, jut buy and hold bitcoin, bitcoin can, and will eventually solve a lot of problems in the world. It fills a need, and has the network + security to back it. Alts are just there to catch the overspill mania from bitcoin, which naturally traps the greedy and ignorant investors, you can get smarter guys who can see Alts for what they are, make a killing, sell up before the dump and either take the cash and run or at least have bitcoin to show for it. 7 hours ago, dannyf said: Enjoy your ripple ? more bitcoin for the rest of us who understood the need for crypto in the first place +100, Alts are long term worthless, just short term pump and dumps, to still be holding alts after the bubble burst is pretty tragic, their value is only heading in one direction, better to sell now than wait for what little value is left to erode to nothingness. Its hard to realise losses but Alts are not bitcoin, waiting for a break even mark is pointless, when the next bitcoin bubble comes it wont be your particular pet alt that gets pumped it will be a new wave of people looking for 'the next ripple' etc. For now with no real chance of a Bitcoin ETF for another 10 years, the halving is the next event of any note. Bitcoin will take until sometime in 2019 to reach its near-term bottom, then from summer 2019 its the gradual climb, and then bubble heading towards the halving. When HODLing you need to have a 10 year horizon. The real interesting thing is what happens during the next depression/recession/credit crunch when liquidity drains suddenly in the wider banking system. That will be a big test for Bitcoin, although you could claim bitcoin exists purely due to the last crisis having never ended in the first place! Edited August 8, 2018 by jiltedjen Quote Link to comment Share on other sites More sharing options...
kudukid Posted August 10, 2018 Share Posted August 10, 2018 On 08/08/2018 at 10:00, jiltedjen said: The real interesting thing is what happens during the next depression/recession/credit crunch when liquidity drains suddenly in the wider banking system. That will be a big test for Bitcoin, although you could claim bitcoin exists purely due to the last crisis having never ended in the first place! The same thing that has happened for millenia. GOLD. Quote Link to comment Share on other sites More sharing options...
Craig_ Posted August 10, 2018 Share Posted August 10, 2018 Bitcoin anarchists bleating as the SEC won't allow them an ETF. You couldn't make it up! Quote Link to comment Share on other sites More sharing options...
WilliG Posted August 10, 2018 Share Posted August 10, 2018 Personally I think investing in ICOs become more and more popular today. I try to follow the latest news and recently found info about new promising ICO - iTrue. It is a Blockchain-as-a-Service solution with a built-in authentication system which enable enterprises and developers to build secure, scalable and extensible applications. I think it will be very profitable investment project. Quote Link to comment Share on other sites More sharing options...
chronyx Posted August 10, 2018 Share Posted August 10, 2018 On 08/08/2018 at 08:00, jiltedjen said: jut buy and hold bitcoin...sell up and get yourself a position in bitcoin while you still can. HODLing When the Bitcoin fans stop using that stupid ******ing word, I'll think about it... I'll wait. I've got all the time in the world, fortunately. I can understand why people are dubious of investing in something where the community (Still) giggles at a minor typo like a bunch of 12 year olds. Quote Link to comment Share on other sites More sharing options...
wsn03 Posted August 10, 2018 Share Posted August 10, 2018 (edited) 2 hours ago, chronyx said: When the Bitcoin fans stop using that stupid ******ing word, I'll think about it... I'll wait. I've got all the time in the world, fortunately. I can understand why people are dubious of investing in something where the community (Still) giggles at a minor typo like a bunch of 12 year olds. You're so not gig bro !! I hate that stupid word too. Its actually spelt H O L D Edited August 10, 2018 by wsn03 Quote Link to comment Share on other sites More sharing options...
JawKnee Posted August 10, 2018 Share Posted August 10, 2018 On 07/08/2018 at 12:42, dragging boot straps said: XRP is faster, cheaper transactions, decentralised. lol, no. Quote Link to comment Share on other sites More sharing options...
dragging boot straps Posted August 11, 2018 Share Posted August 11, 2018 10 hours ago, JawKnee said: lol, no. Explain? Xrp and the ledger is open source. Quote Link to comment Share on other sites More sharing options...
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