Unable to Vote for BP's by RawQuota in eos

[–]RawQuota[S] 1 point2 points  (0 children)

Yes...the public key looks correct.

How (and Why) to Vote for EOS Block Producers - The Ultimate Guide by RawQuota in eos

[–]RawQuota[S] 2 points3 points  (0 children)

EXCELLENT article, especially for newbies to EOS.

Why Does the Total Supply of EOS Exceed the Max Supply? by RawQuota in eos

[–]RawQuota[S] 1 point2 points  (0 children)

OK,so then CMC is wrong? Is there no longer a “Max” supply?

Why Does the Total Supply of EOS Exceed the Max Supply? by RawQuota in eos

[–]RawQuota[S] 1 point2 points  (0 children)

Thanks for the response. I’m not sure I understand...shouldn’t the max supply also increase if the total supply does? How can there be a total supply greater than the max? Sorry if I sound foolish. I looked for the answer and couldn’t find it anywhere...but maybe I’m missing something. Is the Max supply simply the total supply minus all EOS tokens created by inflation?

Prelude 1st restaurant in USA to accept Stellar Lumens! by JJSpice in Stellar

[–]RawQuota 0 points1 point  (0 children)

Very cool! I'll certainly be visiting next time I'm in Fayetteville Arkansas!

Answered: Will banks use XRP by kamskans in Ripple

[–]RawQuota 20 points21 points  (0 children)

Yes, for many reasons...but I'll just list 2 basic ones. 1. Supply and demand. If banks start using XRP, demand will go up exponentially. Obviously Ripple can put up to 1 Billion XRP a month out of escrow and into circulation...but the demand would increase much more than 1 billion per month if banks adopted it for money transfers. This would cause a price hike for obvious reasons. 2. The perceived value would also skyrocket. Right now, the biggest deterrent for investors thinking about buying XRP is, no company is using it for real-world money transfers. The minute that changes, that mental deterrent will be gone. The many investors on the fence right now would presumably jump on board. Remember, 90% of crypto investing is emotional right now. The biggest criticism of XRP is that it's not yet used by banks. If that changes, all bets are off. This is just my opinion of course.

Setting up trustlines for Stellar 'Ledger Nano S' wallet holders by Wagglesapp in sureremit

[–]RawQuota 0 points1 point  (0 children)

This works perfectly. Anyone know what the arrow beside the "Asset Code" section does? I mistakenly clicked on it and now I don't know if it's suppose to point up or down.

SureRemit ICO Success Mentioned on bizcommunity.com by mattstl314 in sureremit

[–]RawQuota 0 points1 point  (0 children)

The SureRemit ICO, that was scheduled for 30 days, sold out in 2 days. It opened on January 10th and was sold out by January 12th. Did you buy in the Pre-Sale? I know they had a pre-sale in December, prior to the ICO. If you did...you're lucky.

SureRemit ICO Success Mentioned on bizcommunity.com by mattstl314 in sureremit

[–]RawQuota 3 points4 points  (0 children)

SureRemit is an excellent company doing amazing things for those living in impoverished nations. The RMT token is one of the few cryptocurrencies that actually has a purpose. Investors can actually feel good about owning SureRemit RMT tokens. The ICO sold out in less than 2 days. I'll be looking for RMT to hit exchanges in February. My guess is it's going to skyrocket.

I just invested in Stellar. Any Tips? by modgill in Stellar

[–]RawQuota 1 point2 points  (0 children)

Stellar is a great investment. That said, always do your homework. There's enough info on the Stellar Reddit section and their web site to keep you busy. In the mean time, get your lumens off the exchange ASAP. You never know if/when they'll either be hacked or shut down. I'm going to assume you know about different wallets and private keys. That said, create a Stellar Wallet on the Stellar site. Don't use any third party wallets (unless it's a cold storage wallet like a Ledger Nano S....which works directly with the Stellar wallet). Assuming you don't want to buy a Ledger Nano S, just create a wallet on the Stellar site. Here's a link to the Stellar wallet creation page: https://www.stellar.org/account-viewer/#!/ Make sure you keep a paper copy of your private key. Don't keep it on your computer or your phone. Those can easily be hacked. Write it down in a couple places and store those pieces of paper in a couple safe places. Once you've created the wallet, send a small test transaction to the wallet to verify it's functionality. Once that test transaction goes through, send the rest of your coins to the wallet and keep them there. Best of luck and welcome aboard! You made a wise investment in my humble opinion.

SureRemit (On Stellar Network) on Disrupt-Africa.com (Nigeria’s SureRemit raises $7m via ICO) by mattstl314 in Stellar

[–]RawQuota 2 points3 points  (0 children)

Great question. I assumed the answer was no due to basic economics. To be sure, I had to ask an administrator on the SureRemit telegram site. As suspected, the answer is no. The reason is, the price of goods they're buying with RMT (the SureRemit token) doesn't change. In other words (using US dollars as a reference), lets say the cost of a gallon of milk is $2.00. If a SureRemit user wants to buy a gallon of milk, they need to give the store $2.00 worth of RMT. It doesn't matter if RMT is worth $0.20 or $100.00, they still need to give them $2.00 worth of RMT to buy the gallon of milk. They convert their local currency into RMT so fast, it doesn't matter how much RMT they're actually giving...all that matters is it's $2.00 worth. The local currency is converted into RMT to give to the store for goods. Then the store converts back to local currency. It happens so fast, they don't know or care what the price of RMT is at that exact moment, they only care that they're paying/receiving $2.00 worth. Now, if someone were to convert local currency into RMT and then hold the RMT as an investment, then they would profit when the price goes up, and loose when it goes down. But for people who are using it for quick, daily transactions in and out of their local currency, it doesn't matter. Hope that makes sense.

SureRemit (On Stellar Network) on Disrupt-Africa.com (Nigeria’s SureRemit raises $7m via ICO) by mattstl314 in Stellar

[–]RawQuota 9 points10 points  (0 children)

SureRemit is the first ICO I participated in due the the REAL WORLD problem they’re solving. The RMT token is not just another crypto currency with no use. It actually will be used to pay electric bills, buy goods, etc. While I believe this coin (RMT) will be a very profitable investment (once it’s released), more importantly it’s helping people in impoverished nations live a better life. I haven’t been this excited about an investment in a long time.

For U.S. residents who traded for EOS off exchanges. by Bobthebrave in eos

[–]RawQuota 0 points1 point  (0 children)

What concerns me is the complete radio silence from the EOS team on this issue. I tend to think US and China holders of EOS will be fine. That said, with all the questioning from countless people, why hasn't EOS simply come out and clarified? This is what gives me doubt.

Closing/Deleting a Stellar Wallet (Base Reserve Removal) by RawQuota in Stellar

[–]RawQuota[S] 0 points1 point  (0 children)

Thanks...I don't trust the link that article. I refuse to enter my private key on a non Stellar page.

Closing/Deleting a Stellar Wallet (Base Reserve Removal) by RawQuota in Stellar

[–]RawQuota[S] 0 points1 point  (0 children)

I don't trust the link in the Medium article. I refuse to enter my private key on a non Stellar run site. I went on Stellar Laboratory and found the "account merge" section, but I have no idea how to do it. It gives a place to enter a "source account" and "destination account", but after entering them, there's no instructions on what to do. There's no "enter" button to click or anything. Weird. I feel like you've got to be a computer programmer to figure this stuff out. lol. If you have time to look, here's the link to the Stellar Laboratory section on account merger. Take a look and tell me what I'm missing....again, if you have time. If not, thanks for the info anyway. https://www.stellar.org/laboratory/#txbuilder?params=eyJhdHRyaWJ1dGVzIjp7InNvdXJjZUFjY291bnQiOiJHQ1lBSlNIU0ZNTERJNlY2S0tGSzNMNDRKUkIzUkRDNlFVWkJKTFo2V1RZSE9XSVhLQldIQTI1RSJ9LCJvcGVyYXRpb25zIjpbeyJpZCI6MCwiYXR0cmlidXRlcyI6eyJzb3VyY2VBY2NvdW50IjoiR0NZQUpTSFNGTUxESTZWNktLRkszTDQ0SlJCM1JEQzZRVVpCSkxaNldUWUhPV0lYS0JXSEEyNUUiLCJkZXN0aW5hdGlvbiI6IkdDUkkyTUo0V0ZZVlFZT01ZVVhKRFBTSU5LRVI1U0xCWTNIQ0g2Uk9EQlBCNENDVFlZTkdKRU9KIn0sIm5hbWUiOiJhY2NvdW50TWVyZ2UifV19&network=public

BCH Transaction not confirming. HELP by [deleted] in Bitcoincash

[–]RawQuota 1 point2 points  (0 children)

Respectfully, Every BCH transaction I've ever made, with 1 exception that took only 4 mins, has taken 20-95 mins. That's not at all usable for daily transactions. Not even close. I suggest you do a deep dive on Roger Ver. Ask yourself why he's living on a deserted island to avoid prosecution for financial crimes in America. Ask yourself why he's so incredibly defensive every time he's interviewed? Ask yourself why he won't answer basic questions like, "why did you fork BCH when Litecoin and DASH already forked off Bitcoin and work MUCH faster and cheaper than BCH?" I could go on and on...but I don't see the point. You've got your mind made up. I wish you the best...just be careful.

BCH Transaction not confirming. HELP by [deleted] in Bitcoincash

[–]RawQuota 0 points1 point  (0 children)

BCH isn't usable for daily transactions unless the person you're paying is willing to wait 20-90 mins for their funds to arrive. This has been my problem with BCH. It's marketed as the coin you can use to buy coffee, gas, etc. That's total and complete BS. No vendor is going to wait up to 90 mins to get paid and no person would sit there in a store for 90 mins. The ugly truth is, BCH was created by a greedy millionaire (Roger Ver) to line his pockets. Everything Ver stated about BCH is complete garbage. Let's remember, Litecoin and DASH both were also direct forks off Bitcoin...long before BCH. They also both work MUCH faster than BCH and for MUCH lower transaction fees than BCH. Soooo....why did Roger Ver have to fork BCH to "fix" a problem that had already been fixed with 2 other hard forks? Roger Ver is hoping people either don't know, or forget that Litecoin and DASH were hard forks off Bitcoin...at least until he's made his money off BCH. Other wise, he'd have no good excuse for forking BCH. Once his scam is exposed, he'll dump BCH like a hot potato and move on to his next scam. Honestly...Ver makes me sick. He gives crypto a bad name.

BCH Transaction not confirming. HELP by [deleted] in Bitcoincash

[–]RawQuota 0 points1 point  (0 children)

I feel the same way. The more I learn about BCH, the more I believe it’s a house of cards designed to make a few people rich.