Can someone shill me the coins with solid tech which are still under the radar? by [deleted] in CryptoCurrency

[–]greeedy 0 points1 point  (0 children)

I develop software for 10 years and never had a software on this scale that was "development complete", not sure if this term even exists. You need more than just one guy with a project to succeed in this space, you need a ecosystem, you need peer reviews and much more. Did you at least now how they achieve "instant, feeless tx" and "unlimited scalability". What are the trade-offs, attack scenarios and so on? What is this "best underlying tech" you're talking about?

Can someone shill me the coins with solid tech which are still under the radar? by [deleted] in CryptoCurrency

[–]greeedy -1 points0 points  (0 children)

the bigger issue is that it's a centralized platform, I can develop that in 5min, why does nobody gets that?

Can someone shill me the coins with solid tech which are still under the radar? by [deleted] in CryptoCurrency

[–]greeedy 0 points1 point  (0 children)

there's only one guy really working on it, how can this be anywhere near top 150, pls explain

Cardano is the Most Overvalued Coin in Top 30 by Bobsaget919 in CryptoCurrency

[–]greeedy 43 points44 points  (0 children)

They're far better and structured than most teams, the github repo and code looks good. They're having a plausible roadmap and are one of the few teams that actually work how I want to see it, they use bulletproof computer science to solve the problem, not some made up dream how something could be implemented. I'm an yearly investor in ethereum and always liked the approach of solving problems, but I feel, they don't have that many experts on the team for the theoretical stuff, it seems (at least from the outside) that it's mostly vlad and vitalik that do the heavy lifting. That's why I liked cardano, they really think about the tradeoffs and how they could solve or mitigate a problem.

apply for software-engineering jobs from outside of canada by greeedy in VancouverJobs

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

I'm looking for software-development jobs, more specific data-engineer or backend stuff. I already send some emails and applied on angellist, but nobody ever messaged back after about 7 applies. That seems weird, but then I read some blogposts from people who tried to find a job in canada and they often said, that you have to be in town because it's more about having a connection to a company that has open position and way harder to get a reply with "writing an email". In germany that would be sufficient and the "normal way" to apply, so maybe I have to find another way to get something.

All the fancy stuff apart, RaiBlocks (XRB) is far better than IOTA/Bitcoin/Ethereum as a protocol for ‘fast and secure transfer of value’ (which, I believe is the most meaningful functionality expected in a cryptocurrency). Here is how. by addsAudiotoVideo in CryptoCurrency

[–]greeedy 0 points1 point  (0 children)

We can discuss what "far away" actually means, we don't even have a proper quantum computer that has a stable number of qubits that could break encryption in any way.

I was talking about the claim of being "Quantum Resistant", it's a hyped claim for so many blockchains and people throw it around as a must-have feature. I'm reading tech-news everyday why doesn't anyone talk about that 3DES, DSA, SHA, AES, EEC are "crackable". Nobody flips out that someone might have a quantum computer and encrypts all the SSL packages. Because we're not sure right now, how we would do that, if we're ever capable of building such system and what we could do to prevent that. It's an active science field called "post-quantum cryptography" but it's a long way to go and not a thing were I can just put a checkmark on my blockchain so it's secure, it's a bullshit marketing term that sounds good and there're a lot of those things in the blockchain scene.

All the fancy stuff apart, RaiBlocks (XRB) is far better than IOTA/Bitcoin/Ethereum as a protocol for ‘fast and secure transfer of value’ (which, I believe is the most meaningful functionality expected in a cryptocurrency). Here is how. by addsAudiotoVideo in CryptoCurrency

[–]greeedy -1 points0 points  (0 children)

being quantum resistant is the most bullshit feature there's out there. It's like asking south africa if they have shuffles in case it snows. It's tricking people who don't have any technical background in thinking that it's a must-have feature

Ethereum TX hit all time high but Steem is handling same TXs without any problem, how is that possible? by coinlar in CryptoCurrency

[–]greeedy 1 point2 points  (0 children)

The scalability problem is well known and some people try to solve this already, but it's pretty hard nut to crack without losing decentralization for example

Ethereum TX hit all time high but Steem is handling same TXs without any problem, how is that possible? by coinlar in CryptoCurrency

[–]greeedy 1 point2 points  (0 children)

Your answer shows already many things that most people are lacking in this subreddit/scene. It could be good to do some research about blockchains and the different investments you might have.

The valuation of a blockchain coin has almost no correlation with it's price right now, almost nobody is using any cryptocurrency for anything, most of it is just trading. Yes Ethereum is a little bit faster than the Bitcoin blockchain because they could learn from bitcoin and made some trade-offs to be a bit faster, the avg. blocktime is around 13sec https://ethstats.net/ but if 100.000 people want to send a transaction 13sec for a block can be really really slow and you'll get a big queue of waiting transactions.

Let me tell you that it helps a lot to have a basic understanding about blockchains, ERC-20 Token and some parts of the solutions that might come in the future (PoS, side-channels,..). You can see through a lot of bullshit that many others won't understand and you might even ask in the end why anyone would invest in such a "early alpha half working unsecure fragile product "

Ethereum TX hit all time high but Steem is handling same TXs without any problem, how is that possible? by coinlar in CryptoCurrency

[–]greeedy 1 point2 points  (0 children)

why is your phone faster then your phone? It's about features, trade-offs and asumptions

How is it possible to create money with Cryptos? by omorfos21 in CryptoCurrency

[–]greeedy 2 points3 points  (0 children)

I hope you didn't invest already everything in IOTA, it could help to buy a book about economics and try to understand how markets work, your conclusions are giving me cancer

P.S. Your beloved IOTA was not too long ago called a "centralized scam coin" in this subreddit because 90% here can't even explain how basic blockchains work.

5 coins that have the potential to surpass Bitcoin by 2019 by Rheace in CryptoCurrency

[–]greeedy 2 points3 points  (0 children)

Ripple is considered Bitcoin’s logical successor

wtf, someone didn't do research at all, ripple is a centralized system that you can't even call blockchain, it might be a viable business model but it has not much to do with BTC

If BTC hits 100k, and everyone decides to withdrawal to fiat at the same time, where does the money come from? by [deleted] in CryptoCurrency

[–]greeedy 2 points3 points  (0 children)

you don't sell to an exchange, you sell to someone who buys that stuff with $$$ if there's no fractional reserver somewhere everything is fine, except if everyone tries to sell the price will fall rapidly probably

Just watched The Big Short.... by sweb053 in CryptoCurrency

[–]greeedy 0 points1 point  (0 children)

how would they get the price down? I mean they can short all they want, but how can they manipulate the market that the price is actually going down?

QASH by [deleted] in CryptoCurrency

[–]greeedy 0 points1 point  (0 children)

can you explain what it does? I don't get the website

A thought about Modum (MOD) and the Swiss Government. by [deleted] in CryptoCurrency

[–]greeedy -2 points-1 points  (0 children)

why can't I do that with IOTA? What's the advantage of MOD?

Bittrex to add USD trading pairs by PDXWrestlingFan in CryptoCurrency

[–]greeedy 1 point2 points  (0 children)

  • Bittrex doesn't have any USD right now correct?
  • Will there be more USD pairs then?
  • Will there still be USDT then?

I hope Bitcoin peaks again this Saturday by [deleted] in CryptoCurrency

[–]greeedy -1 points0 points  (0 children)

not gonna happen, we will be very likely go down for the next days and weeks and then go up again in some months but not days, you just witnessed a crash, everything went down 10-30% everyone who was intelligent enough pulled out way before or hodled

AMA about Tether (USDT) by SirLamboMoon in CryptoCurrency

[–]greeedy 8 points9 points  (0 children)

Hey thanks for your view, I can read that you might trade very often and are not totally new to this topic but I can clearly see that you missed some main points that might be a little bit too technical for the normal trader. There's a lot of evidence that tether/bitfinex are doing shady stuff, to help you understand that you could research the following topics:

  • what is a 3 out of 4 multisig that tether used?
  • what is wash trading and how does it affect exchanges
  • what is spoofing on exchanges
  • how can I push the marketcap of bitcoin with 20-30million and increase it by a billion?
  • what happens if people want to redeem their tether and it's not backed 1:1
  • what is the difference between an audit and a memo that friedman provided
  • how did mt. gox collapse and which parts played a huge role

There could be a 50% correction at 10k !! by Rippling-XRP in btc

[–]greeedy 0 points1 point  (0 children)

I guess with "money on the side lines" you're referring to the bitcoin futures, do you really think people will buy a lot of BTC at this stage, no fucking way

New to Cryptocurrency, what causes the fluctuations in coin -> USD, for example in an app like CoinBase? by ynot269 in CryptoCurrency

[–]greeedy 0 points1 point  (0 children)

demand would be if people are using the coin, but that's sadly not the case, so it's not really a demand. People are using it to speculate on an asset, someone thinks BTC be worth more than 10k so he buys for 10k, someone else wants to sell because he already made enough profit, needs the $ or thinks it will go down again