Cryptocurrencies discussion

[Kave]

Hey all,

Anyone mining/investing in any of the latest cryptocurrencies such as Ethereum / Dash / Monero?

I made a bit of cash investing quite early in Monero :spot:

[Joopi]

anth_;

[Kasi]

Not heard of Dash. But i'm pretty certain Ethereum will increase in value same as Monero did. Monero was added to one of the largest darknet sites (Alphabay) when it spurted in value. Alphabay is also adding support for Ethereum so you can almost guarantee that it'll increase too.

[anth_]

Hey all,

Anyone mining/investing in any of the latest cryptocurrencies such as Ethereum / Dash / Monero?

I made a bit of cash investing quite early in Monero :spot:


anth_;

Hehe. Monero is a solid bet, it's got solid crypto and a non-toxic community. I've been following it since ~2015 when they were 30p each and they're now over 15 quid (GBP) each! I'd steer clear of ethereum since the DAO got hacked a while back; same with dash -- I haven't looked into it personally but from what I've read some see it as a sham. I don't know personally, but it might be worth reading up on.

Anyway, XMR seems solid, I hang out on the IRC quite a lot and the core devs are good people ;)

[anth_]

Oh yeah, and I was reading on bitcointalk a couple of weeks back - NEM/XEM and Iconomi had high hopes -- although I've also being looking into Lisk. It's like the wild-west though :stirthepot:

[slacky]

Worth looking into Stratis for investment, seems to have had a pretty good growth trend :)

[rj]

How often do people actually use bitcoin as a currency they hold other than a investment or to spend immediately?

[Joopi]

People who fall for the alternative currency meme do quite frequently

[acow]

How often do people actually use bitcoin as a currency they hold other than a investment or to spend immediately?

Only times I do is due to laziness.

I really dislike the instability that's currently associated with crypto-currencies, speaking in terms of wanting to use it as a medium of exchange like USD that I can hold in reserve, even though it's usually/always been to my own slight profit in practice thus far.

[Citrus]

How often do people actually use bitcoin as a currency they hold other than a investment or to spend immediately?

I've only ever spent them immediately. The first time I bought around 25 bitcoins. I remember thinking that $3 for a virtual coin seemed like a lot :biggrin:

[anth_]

Worth looking into Stratis for investment, seems to have had a pretty good growth trend :)

Any reason why it's just shot up over the past week? Cheers for the info anyway! (In GBP)

28066

EDIT: Random speculations on reddit too: https://www.reddit.com/r/CryptoCurrency/comments/61m4u0/what_is_your_long_term_25_years_portfolio/

[Bago47]

Jumped in/out/in/out on monero at all the right times. Gotta love how unstable it is :D

[anth_]

Jumped in/out/in/out on monero at all the right times. Gotta love how unstable it is :D

Good stuff! I still have a fried SSD that has 200 XMR on :/ (Back stuff up I guess!)

[SunTzu22]

I have a some portion of a bitcoin somewhere from a long time ago and I don't even remember how to find it lol

[Kave]

Hehe. Monero is a solid bet, it's got solid crypto and a non-toxic community. I've been following it since ~2015 when they were 30p each and they're now over 15 quid (GBP) each! I'd steer clear of ethereum since the DAO got hacked a while back; same with dash -- I haven't looked into it personally but from what I've read some see it as a sham. I don't know personally, but it might be worth reading up on.

Anyway, XMR seems solid, I hang out on the IRC quite a lot and the core devs are good people ;)


Oh yeah, and I was reading on bitcointalk a couple of weeks back - NEM/XEM and Iconomi had high hopes -- although I've also being looking into Lisk. It's like the wild-west though :stirthepot:

Yep Dash to me always seemed like a pump and dump.

Glad to hear about the developers. I feel XMR is what Bitcoin was thought to be by most people (anonymous) but due to the blockchain it isn't really that way.. Bitcoin development seems to have some internal disputes on the way forward so I'm hoping Bitcoin users starts to trickle down into altcoins so I'm holding my XMR ;) There was also the issue of Bitcoin crackdown in China.. LTC definitely saw a price increase due to the announcement of SegWit.

I think Lisk is a good altcoin as well. The altcoins I'm watching closely at the moment are ETH, XMR & SC (SIACOIN) (http://sia.tech/).

I also think ETH will see an increase of usage/value with the development of the raiden network.


Worth looking into Stratis for investment, seems to have had a pretty good growth trend :)

I'll keep an eye on it :)


Jumped in/out/in/out on monero at all the right times. Gotta love how unstable it is :D

Hopefully just short-term instability - has been sitting around the 20$ for a little while now.

[anth_]

Yep Dash to me always seemed like a pump and dump.

Glad to hear about the developers. I feel XMR is what Bitcoin was thought to be by most people (anonymous) but due to the blockchain it isn't really that way.. Bitcoin development seems to have some internal disputes on the way forward so I'm hoping Bitcoin users starts to trickle down into altcoins so I'm holding my XMR ;) There was also the issue of Bitcoin crackdown in China.. LTC definitely saw a price increase due to the announcement of SegWit.

I think Lisk is a good altcoin as well. The altcoins I'm watching closely at the moment are ETH, XMR & SC (SIACOIN) (http://sia.tech/).

I also think ETH will see an increase of usage/value with the development of the raiden network.



I'll keep an eye on it :)



Hopefully just short-term instability - has been sitting around the 20$ for a little while now.

Sorry the late reply, had a hectic week. Yeah -- lisk looks decent if it takes off. XMR dropped a bit and has risen as well to ~20GBP!

[TheOsrsplayer]

I got a question, what do you guys think is the next cyrpto to invest in? That can still shoot up 100x????? Tell meeee

[Kasi]

I got a question, what do you guys think is the next cyrpto to invest in? That can still shoot up 100x????? Tell meeee

Undoubtedly, Ethereum.

[slacky]

I got a question, what do you guys think is the next cyrpto to invest in? That can still shoot up 100x????? Tell meeee
That is very hard to predict. Kasi; says Etherum, I am not so sure about that, somewhat doubt it. It competes in a market where a tens of other wellknown crypto-currencies also compete, along with Etherum Classic. Stratis however is quite different from the rest, so it wont compete in the same way which makes it more likely to grow individually, however 100x, that's A LOT, specially since it has already since september grown more than 100x.

But surely there is good room for growth in several crypto-currencies.. But as a currency grows larger growth will be slower, and Etherum is already quite big, quite close to the size of Bitcoin now.

[Kasi]

What established cryptocurrency would rise 100x anyways? I interpreted it as a figure of speech.

Stratis uses a centralized model like Bitcoin. Ethereum is decentralized and waaay more community based. Stratis really doesn't offer more than Ethereum.
slacky; What are Stratis' main differences? when you say it is quite different from the rest?

[slacky]

What established cryptocurrency would rise 100x anyways? I interpreted it as a figure of speech.

Stratis uses a centralized model like Bitcoin. Ethereum is decentralized and waaay more community based. Stratis really doesn't offer more than Ethereum.
slacky; What are Stratis' main differences? when you say it is quite different from the rest?
https://bitcointalk.org/index.php?topic=1512202.0 - So basically their target audience is what separates it.

[Kasi]

https://bitcointalk.org/index.php?topic=1512202.0 - So basically their target audience is what separates it.

Because it's developed for businesses using c#?

[Kave]

Some crazy drops in the past 24 hours..

Pretty amusing to see USDT which is supposed to be pegged at $1.00 at $1.07

[Kave]

Bought 867151 SIA @ $0.0061 going to hold while monitoring project progress on slack.

Hoping it hits around 0.03$ at the end of this year but this is definitely a long term hold for me.

[Kave]

@slacky I wish that I stocked up on some STRAT :) not doing so bad though myself!

28149

[J0rdeh]

I was thinking about investing in Ethereum but I couldn't be bothered, although I'm pretty disappointed that I didn't buy BTC while it was in the 300ish range.

[Kave]

I'm up over $10,000 now :norris:

Prices change cause me heart attacks in the morning so I wrote this to wake me up in case of sudden price changes.


program New;

var S: String;

const
warningprice ='0.0124284';


function Get: String;
begin
S := GetPage('https://api.coinmarketcap.com/v1/ticker/siacoin/');
S := Between('price_usd": "', '", ', S);
Result := S;
end;
procedure loop;
begin
WriteLn(Get);
if S < warningprice then
PlaySound('C:\Alert\krs.wav')
end;


begin
repeat
cleardebug;
loop;
wait(10000);
until false
end.

[Joopi]

wth had no clue you could use larger/lesser than operator for strings :O Kave;

[slacky]

wth had no clue you could use larger/lesser than operator for strings :O Kave;
You can't, not how it's used here at least, what he is doing isn't regular number arithmetics, and doesn't do what he wants. The compare operators uses lexicographical ordering, comparing char by char `Ord(left[i]) < Ord(Right[i])`.
For instance:

>>> '0.11' < '0.2'
True
>>> '9' < '10'
False

The operation goes something like this:

function cmplt(left, right:string): Boolean;
var
len, i: Int32;
begin
len := Min(Length(left), Length(right));
for i:=1 to len do
if Ord(left[i]) < Ord(right[i]) then
Exit(True);
end;


For decimals, where you start with "0.", it might work just fine. But for numbers that have different length, you need to pad the smallest number with 0s to work `'009' < '100'`. The best thing is to just convert it to a float pre-comparison to be safe.

[dotdotdot]

That is hilarious, I've had quite some luck in the past few months as well. An acquaintance that owns a bitcoin casino made well over a million dollars in May from bitcoin influxuation alone. I don't like to sit on large wallets overnight though, pump and dump baby.

[Thomas]

You can't, not how it's used here at least, what he is doing isn't regular number arithmetics, and doesn't do what he wants. The compare operators uses lexicographical ordering, comparing char by char `Ord(left[i]) < Ord(Right[i])`.
For instance:

>>> '0.11' < '0.2'
True
>>> '9' < '10'
False

The operation goes something like this:

function cmplt(left, right:string): Boolean;
var
len, i: Int32;
begin
len := Min(Length(left), Length(right));
for i:=1 to len do
if Ord(left[i]) < Ord(right[i]) then
Exit(True);
end;


For decimals, where you start with "0.", it might work just fine. But for numbers that have different length, you need to pad the smallest number with 0s to work `'009' < '100'`. The best thing is to just convert it to a float pre-comparison to be safe.

Can't he just use strToInt or strToIntDef? :)

[Citrus]

Can't he just use strToInt or strToIntDef? :)

Since when is '0.0124284' an int? StrToFloat is a thing :p

[Kave]

Yep that wasn't tested :redface:

I have been price watching for so long now.

Crypto market never sleeps while the stock market does :(

nvm it seems to work just as intended ;)

[slacky]

nvm it seems to work just as intended
WriteLn('10.01' < '2.02');
so be smart - I doubt the above result is your intention, I would recommend to convert it to a float first as mentioned above.

[anth_]

I'm up over $10,000 now :norris:

Prices change cause me heart attacks in the morning so I wrote this to wake me up in case of sudden price changes.


program New;

var S: String;

const
warningprice ='0.0124284';


function Get: String;
begin
S := GetPage('https://api.coinmarketcap.com/v1/ticker/siacoin/');
S := Between('price_usd": "', '", ', S);
Result := S;
end;
procedure loop;
begin
WriteLn(Get);
if S < warningprice then
PlaySound('C:\Alert\krs.wav')
end;


begin
repeat
cleardebug;
loop;
wait(10000);
until false
end.

If you've got an android phone, there's a cool app called boilr on f-droid that'll let you do the same!

[weequ]

I think dash has the best changes to reach mass adoption because it is self funding and the masternode network will allow superior on-chain scaling compared to other cryptos. It also has instantly confirmed transactions enabled by masternode locking. Siacoin I believe has the best changes to dominate the decentralized file hosting/sharing market.

Smart contract coins are also interesting but as far as I know people are developing applications that don't necessarily even benefit from smart contracts and people are throwing millions at them.

[anth_]

I think dash has the best changes to reach mass adoption because it is self funding and the masternode network will allow superior on-chain scaling compared to other cryptos. It also has instantly confirmed transactions enabled by masternode locking. Siacoin I believe has the best changes to dominate the decentralized file hosting/sharing market.

Smart contract coins are also interesting but as far as I know people are developing applications that don't necessarily even benefit from smart contracts and people are throwing millions at them.

Might be worth a read:

https://www.reddit.com/r/CryptoCurrency/comments/57rrr5/why_dash_is_a_scam/
https://medium.com/@omiros23/evans-and-dash-s-scam-story-add1f16528ae
https://www.reddit.com/r/Monero/comments/5w00wx/im_a_non_techie_investor_in_all_coins_and_need/

Even if it's not a scam, having most of the coins already mined is a bit disconcerting. Like Ethereum, I'm staying away!

[weequ]

Might be worth a read:

https://www.reddit.com/r/CryptoCurrency/comments/57rrr5/why_dash_is_a_scam/
https://medium.com/@omiros23/evans-and-dash-s-scam-story-add1f16528ae
https://www.reddit.com/r/Monero/comments/5w00wx/im_a_non_techie_investor_in_all_coins_and_need/

Even if it's not a scam, having most of the coins already mined is a bit disconcerting. Like Ethereum, I'm staying away!
I know that the instamine happened and I would prefer if it didn't. However the other claims about privacy etc are lacking evidence.

Check these out if you are into monero:
https://www.reddit.com/r/dashpay/comments/65fz68/dashs_privacy_feature_has_never_been_broken_turns/
http://monerolink.com/
https://steemit.com/cryptonote/@macrochip/warning-every-cryptonote-monero-transaction-in-history-will-be-retroactively-exposed

Most of the Monero community might be non-toxic as you said but the people who keep spreading baseless FUD about Dash kind of makes me not want to get involved.

[anth_]

I know that the instamine happened and I would prefer if it didn't. However the other claims about privacy etc are lacking evidence.

Check these out if you are into monero:
https://www.reddit.com/r/dashpay/comments/65fz68/dashs_privacy_feature_has_never_been_broken_turns/
http://monerolink.com/
https://steemit.com/cryptonote/@macrochip/warning-every-cryptonote-monero-transaction-in-history-will-be-retroactively-exposed

Most of the Monero community might be non-toxic as you said but the people who keep spreading baseless FUD about Dash kind of makes me not want to get involved.

Hmm, I didn't actually know that about monero, thanks for posting it (that's still a big IF, which is representative of any cc, but the more you know)...

QC cryptography is on the roadmap and I have a fair bit of faith it'll be implemented properly.
I've been hanging out on the IRC for a while now and they seem like a decent bunch; and there's no major hiccups so to speak of XMR - apart from https://www.reddit.com/r/Monero/comments/6d5yt5/what_fluffypony_just_did_is_not_ok/ (who knows if it's trolling or profiting)...

Whilst Ethereum has had its hacking problems, Bitcoin its forking ones, Dash for the instamining seems disconcerting; to me they seem like big flags to stay away. Just a personal opinion anyways, I could be wrong ;)

[weequ]

Hmm, I didn't actually know that about monero, thanks for posting it (that's still a big IF, which is representative of any cc, but the more you know)...

QC cryptography is on the roadmap and I have a fair bit of faith it'll be implemented properly.
I've been hanging out on the IRC for a while now and they seem like a decent bunch; and there's no major hiccups so to speak of XMR - apart from https://www.reddit.com/r/Monero/comments/6d5yt5/what_fluffypony_just_did_is_not_ok/ (who knows if it's trolling or profiting)...

Whilst Ethereum has had its hacking problems, Bitcoin its forking ones, Dash for the instamining seems disconcerting; to me they seem like big flags to stay away. Just a personal opinion anyways, I could be wrong ;)Yeah no cryptocurrency is perfect. If you are going to invest you just got to do your own research and invest in what you think has most potential.

[anth_]

Yeah no cryptocurrency is perfect. If you are going to invest you just got to do your own research and invest in what you think has most potential.

Aye. Dash/XMR aside, what do you think is good?

[weequ]

Aye. Dash/XMR aside, what do you think is good?I don't currently have interest in other cryptocurrencies than those that I have already mentioned and bitcoin.

How about you? And what you think is better: limited max coin supply vs unlimited? I'm starting to think that unlimited coin supply would be better for better wealth distribution in the (very) long run. Also the network security wouldn't completely rely on fees. I don't mean % inflation but a static block reward that would be produced forever like in Siacoin and Ethereum. Those two coins obviously require it because both have features that require burning coins to prevent spam or sybil attacks.

[anth_]

I don't currently have interest in other cryptocurrencies than those that I have already mentioned and bitcoin.

How about you? And what you think is better: limited max coin supply vs unlimited? I'm starting to think that unlimited coin supply would be better for better wealth distribution in the (very) long run. Also the network security wouldn't completely rely on fees. I don't mean % inflation but a static block reward that would be produced forever like in Siacoin and Ethereum. Those two coins obviously require it because both have features that require burning coins to prevent spam or sybil attacks.

Fair enough. I've been casually eyeing siacoin (gone up 3-4x in the past month), nem/xem, iconomi, stratis, and factom (backed by Microsoft if I'm not mistaken). iota also looks interesting...

EDIT: Also regarding slacky's earlier quote these seem good ones:

There is good room for growth in several crypto-currencies.. But as a currency grows larger growth will be slower, and Etherum is already quite big, quite close to the size of Bitcoin now.

Yep. I'm no economist but I agree with unlimited - with a tail emission as described here: https://monero.stackexchange.com/questions/23/what-is-the-purpose-of-the-tail-emission

[Bago47]

Good stuff! I still have a fried SSD that has 200 XMR on :/ (Back stuff up I guess!)

Willing to sell me that fried SSD, I would love to tinker with it ;)

[Bago47]

Yep Dash to me always seemed like a pump and dump.

Glad to hear about the developers. I feel XMR is what Bitcoin was thought to be by most people (anonymous) but due to the blockchain it isn't really that way.. Bitcoin development seems to have some internal disputes on the way forward so I'm hoping Bitcoin users starts to trickle down into altcoins so I'm holding my XMR ;) There was also the issue of Bitcoin crackdown in China.. LTC definitely saw a price increase due to the announcement of SegWit.

I think Lisk is a good altcoin as well. The altcoins I'm watching closely at the moment are ETH, XMR & SC (SIACOIN) (http://sia.tech/).

I also think ETH will see an increase of usage/value with the development of the raiden network.



I'll keep an eye on it :)



Hopefully just short-term instability - has been sitting around the 20$ for a little while now.

Actually finally finished hodling at $186, and no, it doesn't bother me that it broke $250 barrier soon after, as it was already in the NXT which also made substantial gains recently.

[jayniferson]

Hey all,

Anyone mining/investing in any of the latest cryptocurrencies such as Ethereum / Dash / Monero?

I made a bit of cash investing quite early in Monero :spot:

I am investing Altcoin

[nickkarlsson552]

No, i dont even know the names before this post. So now surely going to look.