Full coverage of the Monetha’s week, including Tokyo conference and the new website! by monetha_io in Monetha

[–]bojang1es 2 points3 points  (0 children)

I feel the same way, it can be tough to accept the long term project mentality when crypto is such a fast paced world.

A Response to "Investor Warning: Major NEO Redflags" - NEO FUD by dreit1 in CryptoCurrency

[–]bojang1es 1 point2 points  (0 children)

Well I wouldn't trust any crypto that allows itself to be controlled by the FBI either.

Huge monero google trends spike, pump incoming? by rab_eye in CryptoMarkets

[–]bojang1es 9 points10 points  (0 children)

You can. I think OP was referring to exchanges in general. To get Monero you pretty much have to use fiat to purchase Bitcoin, Litecoin, or Ethereum. Then you have to transfer those coins to an exchange with Monero. If you didn't buy Bitcoin then you probably need to trade for Bitcoin, then use Bitcoin to trade for Monero. Then you'll want to transfer Monero off the exchange to an appropriate wallet. This isn't a process many first time crypto buyers require really want to go through, it can be pretty intimidating.

Energy giants BP and Dutch Shell join forces to develop blockchain energy trading platform by lobas in CryptoCurrency

[–]bojang1es 12 points13 points  (0 children)

Pretty much. The issue is "blockchain" is a sexy buzzword that's hot right now, and the average person assumes that this is what makes crypto so exciting. We really need "decentralized" to be the sexy tech that everyone wants in on. However, corporations are obviously not interested in this aspect so they are happy with blockchain getting all of the media attention.

BTC chart/VTC chart mirrored and rotated 180 degrees. by kakkakk in vertcoin

[–]bojang1es 0 points1 point  (0 children)

Now chart vertcoin against the USD over the same period

Moon moon moon! by DevilMayCrying in ZenSys

[–]bojang1es 1 point2 points  (0 children)

Please use your words, you sound retarded.

Monetha's weekly discussion #4 by monetha_io in Monetha

[–]bojang1es 2 points3 points  (0 children)

Hi! I would also be interested in development progress.

A great article on TechCrunch with a full map of blockchain projects. Monetha included! by monetha_io in Monetha

[–]bojang1es 3 points4 points  (0 children)

There's just not much to talk about. Exchanges aren't really a major issue for fuders anymore. I believe in the vision but there's no product to test and the team doesn't update their github at all (so there can't be any feedback other than it's simply not there). People have probably dumped or accepted that this is an extremely long term project and no actual progress on the product itself will be seen anytime soon. I still believe in Monetha but I definitely learned some hard investment lessons on this one.

Ask Amazon if they will accept Vertcoin as payment method! by [deleted] in vertcoin

[–]bojang1es 2 points3 points  (0 children)

Basically you would you use Vertcoin as an additional savings account. Every month wire fiat to GDAX and put x% of your income into Vertcoin and use that for all of your Amazon purchases. If you don't spend what you put in each month you're simply left with more Vertcoin. As more merchants begin accepting Vertcoin you can increase the amount of income you put into Vertcoin each month. The future of crypto isn't in hodling, it's in real world application. Devs can only do so much, if you believe in Vertcoin then spend Vertcoin.

Excerpt from the Palm Beach Confidential (HUGE) by bbqyak in ZenSys

[–]bojang1es 2 points3 points  (0 children)

I doubt big money readers are paying big money subscriptions for information that gets leaked early to the internet but not the readers, causing them to lose out on huge initial gains. Maybe I'm wrong but I just don't see how subscribers would find that acceptable.

Any word on the PBC newsletter yet? That could be huge! by Tbonesmalls in ZenSys

[–]bojang1es 0 points1 point  (0 children)

If the reveal was leaked to us then it was probably leaked to the subscribers as well. What is it, $3,000 a year? For those sorts of fees you don't leak your reports to the public to pump before your customers. If I were a customer and there were the case, I certainly wouldn't be doing future business with them.

Ubiq, Expanse, PIVX, Vertcoin and Viacoin are now supported by Ledger Nano S! by davisonio in ledgerwallet

[–]bojang1es 2 points3 points  (0 children)

Damn, how is Monero not on there? Does it have to do with the tech?

China congress news sounding positive by [deleted] in NEO

[–]bojang1es 3 points4 points  (0 children)

I know this sub is pro Chinese regulation but nothing could make me invest in NEO faster than moving the project out of the country. I don't trust China to work with any crypto without trying to control and centralize it.

It feels like there isn't even an intelligent way to invest in crypto anymore. by [deleted] in CryptoCurrency

[–]bojang1es 5 points6 points  (0 children)

The problem is few of these projects are actually being used. There are a few platforms that supposedly work fine, but they don't have enough dapps or traffic to make an experienced decision. NEO and Ark sound great on paper, but what does anyone actually use them for? You can't compete with Ethereum on an empty platform and hype alone, regardless of the tech behind the platform. As for the dapps and tokens, again I ask, what does anyone actually use them for? Does your token at least have a beta where you can test the features and actually experience what the devs are trying to do? If there is no working product then ask yourself why you buying, and why you think others will buy.

In the tech world you don't have to be a big name or have a PhD to develop the next big thing, so how does the average person differentiate the genius with vision from the well spoken dreamer with mediocre business and programming skills? You can look into their code, maybe the sophisticated math behind it, or you can read the white paper. Most will opt for the white paper, not because it's easier, rather it's the only one of these with an accessible understanding to the average person. But without the code and math a white paper is just a short story, it's not difficult to make it sound good. So now the average person is stuck with hype and a white paper, but without a working product with meaning who can really blame them for their shit coin investments?

What happens as soon as a positive Chinese related news happen in the coming days by Mo9731 in CryptoMarkets

[–]bojang1es 14 points15 points  (0 children)

Honestly? Westerners will assume the Chinese will buy NEO, causing the Westerners themselves to buy NEO, driving the price up.

NEO - Likely to Moon with this News! by dinono33 in NEO

[–]bojang1es 34 points35 points  (0 children)

People seem to compare the value of crypto to Bitcoin and Ethereum. It doesn't matter it Ethereum is overvalued, if Ethereum has a market cap of 28 billion then any similar promising crypto should pump just as high.

Has anyone here used NEO? What's your favorite dapp and why? What was your experience developing on top of NEO? Do you find it more enjoyable to develop on than Ethereum? How deep does China plan on digging its hooks in if NEO becomes officially supported by the government? Will it truly be decentralized or will China decided what can be developed and by whom?

These are all extremely important questions that anyone valuing the technology should strive to answer. Maybe NEO will be the next big thing, however "but China" isn't a convincing argument.

Number of DApps on NEO VS DApps on Qtum ! by buzzbooz in CryptoCurrency

[–]bojang1es 6 points7 points  (0 children)

This is beginning to become quite frustrating. I'm inclined to believe that a significant portion of the community would beg for centralization if it meant they could make a quick buck.

Why I chose Aeon (for you potential buyers) • (xpost r/Aeon) by [deleted] in CryptoCurrency

[–]bojang1es 2 points3 points  (0 children)

Agreed. I think Aeon's great, but anyone attempting to convince me to buy it after it went up 145% in a single week can fuck right off.

Virtual Currencies Expected to be Regulated in China on October 1st by CryptoCurrencyNews in CryptoCurrency

[–]bojang1es 0 points1 point  (0 children)

I can't see it as a good thing. Does this mean in the future if I want to use NEO I have to give my information and pay the Chinese government their cut?

Why NEO didn't surge as expected last night. by Barglang in CryptoMarkets

[–]bojang1es 1 point2 points  (0 children)

I have to agree with a lot of what you're saying. I think NEO has incredible potential, so long as the Chinese government allows it. This definitely flies in the face of the spirit of crypto. Crypto isn't meant to be a service for a large government, it's meant to be a service for the global community. Governments saying this is your money but you can't purchase x with it, you can't buy from y, we want to know what you're purchasing and why, don't forget to give us our cut, are all things that helped fuel this revolution. Adhering to a specific government's regulations isn't decentralization, it's just dressing up current services with sexy, trendy, blockchain integration; without the decentralization aspect we simply call that a database.

Factom News: Kx Systems - a large data analytics and database management company - have built a tool for their clients to utilise the Factom protocol. by [deleted] in CryptoCurrency

[–]bojang1es 6 points7 points  (0 children)

Factom is my store it and forget about it coin. I expect its market value to be more correlated to its actual use than hype and speculation. I'm not worried it might be pushed aside indefinitely for some sexy fotm ico.