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  • 01-01-2019 4:30pm
    #1
    Registered Users Posts: 6,051 ✭✭✭ Truckermal


    I thought of starting this thread for future price predictions or if you think a project is worth investing in let us know!

    Today everything is down again in a Bear market.


«1

Comments

  • Moderators, Category Moderators, Motoring & Transport Moderators, Regional East Moderators Posts: 59,747 CMod ✭✭✭✭ unkel


    ETH is up and very close to taking the #2 spot back from Ripple

    "Wind is Ireland's oil" - An Taoiseach, 25/05/2022



  • Registered Users Posts: 4,044 ✭✭✭ maninasia


    ETH will regain some of its shine as decentralised proven king of smart contracts and developments such as lower inflation in this year and sharding will help. POS move possibly in 2020.
    Remember Ethereum is powering all those ERC20 coins. ICOs should have stopped dumping most of their ETHZ now.

    2019 in general predict we will see some significant gains, perhaps up to double from now but I doubt we will see any major boom.

    There will be at least two breakout block chain based app for retail or commercial use.

    Once that happens we will be on the way to the good times again...For the coins with good use cases and development teams.

    I'm thinking mkr could do very well long term. MKR has held it's value relatively well even through a major ETH and BTC bust.

    IOTA will see gains but breakout could be in 2020. It's a stalking horde.

    NANO price will also recover somewhat but breakout may need two years or so.


    Travel block chains could breakout . There are two contenders...LOC and AVA. Both have very solid legit teams and block cabin is key to cutting out commissions. I follow them on telegram and they are very responsive and transparebt. They are also still very low market cap. There's a big potential there for major gains.

    LEND is also interesting.


  • Moderators, Category Moderators, Motoring & Transport Moderators, Regional East Moderators Posts: 59,747 CMod ✭✭✭✭ unkel


    unkel wrote: »
    ETH is up and very close to taking the #2 spot back from Ripple

    Done. Ripple now #3 and ETH back #2

    Mining, mining, mining :D

    "Wind is Ireland's oil" - An Taoiseach, 25/05/2022



  • Registered Users Posts: 10,905 ✭✭✭✭ Bob24


    unkel wrote: »
    Done. Ripple now #3 and ETH back #2

    Mining, mining, mining :D

    Undone ;-)

    Interesting fight for the number 2 spot.


  • Registered Users Posts: 5,937 ✭✭✭ handlemaster


    Whzt do people think of Verge?


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  • Registered Users Posts: 7,055 ✭✭✭ JohnnyFlash


    Whzt do people think of Verge?

    Hilarious. Plenty of crypto comedy gold.


  • Registered Users Posts: 6,026 ✭✭✭ grindle


    Whzt do people think of Verge?

    One of the scammiest shítcoins of all - a privacy coin with no privacy whose dev has repeatedly lied about it's features, copy-pasting code from other projects which had bugfixes before he'd implemented the broken code to Verge, slow to fix bugs which have allowed attacks that minted new XVG, one of the first to get the ball rolling on McAfee's TwitterShill-4-$100k spam, shilling "The Largest Crypto Adoption Partnership EVARRRRR" which was PornHub and they accept other currencies now too. This despite that partnership being crowdfunded by XVG holders rather than it's decamillionaire dev.
    I imagine there's some shítcoin zealot who'll be fond of it because those bags are so atrociously heavy right now but Verge has literally nothing going for it, no use-case, no dev mindshare, just a bunch of bagholders. And that's being generous.


  • Closed Accounts Posts: 4,791 JJJJNR


    Been dipping into cardano for a while. Amongst other things they are pushing away with developing a quantum resistant protocol for ADA. It's doubled in the past two weeks.


  • Moderators, Society & Culture Moderators Posts: 15,420 Mod ✭✭✭✭ smacl


    JJJJNR wrote: »
    Been dipping into cardano for a while. Amongst other things they are pushing away with developing a quantum resistant protocol for ADA. It's doubled in the past two weeks.

    Correct me if I'm wrong, but I would have thought that once any coin moves away from proof of work as its consensus mechanism, quantum computing is not an issue.


  • Closed Accounts Posts: 4,791 JJJJNR


    Cardano uses PoS which is why it needs to be quantum resistant.


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  • Registered Users Posts: 6,413 ✭✭✭ Doodee


    Whzt do people think of Verge?

    Was wonderful to turn $5 into $250 back late 2017 but it’s not a project to invest anything serious in.


  • Banned (with Prison Access) Posts: 1,002 The Enbalmer


    maninasia wrote: »
    2019 in general predict we will see some significant gains, perhaps up to double from now but I doubt we will see any major boom.

    There will be at least two breakout block chain based app for retail or commercial use.

    Once that happens we will be on the way to the good times again...For the coins with good use cases and development teams.

    .


    I remember hearing similar predictions from colleagues who had bought Eircom shares back in the day.

    They just "knew" that the shares would rise in value and that there'd be a a takeover that would see the value of their shares rocketing..the point being that they predicted price rises based on nothing but dumb optimism...perhaps listening to the occasional shill like RTE and the Indo but the were doomed to lose thier investments..the people who engineered the scam (and the cryptocurrencies scam) have made and taken their money out.

    The "man in the street" investor has been outmanouvered without ever realising it, and no,this time is NOT different.


  • Registered Users Posts: 6,026 ✭✭✭ grindle


    The "man in the street" investor has been outmanouvered without ever realising it, and no,this time is NOT different.

    Great argument, solid reasoning. :rolleyes:

    If you think every crypto is just like Bitcoin aiming to overthrow fiat then I understand your scepticism (although not the stubborn unwillingness to research), but not every crypto has that as it's aim, they aim to be fuel for a service or multitude of services - if in a few years those services can be provided cheaper via automation of tasks it would be an irresponsible business that doesn't utilise it.


  • Banned (with Prison Access) Posts: 1,002 The Enbalmer


    grindle wrote: »
    Great argument, solid reasoning. :rolleyes:

    If you think every crypto is just like Bitcoin aiming to overthrow fiat then I understand your scepticism (although not the stubborn unwillingness to research), but not every crypto has that as it's aim, they aim to be fuel for a service or multitude of services - if in a few years those services can be provided cheaper via automation of tasks it would be an irresponsible business that doesn't utilise it.

    How long do you reckon we should wait before business will start to use this stuff?

    Bearing in mind Bitcoin was started in 2009 and NOT ONE business or person uses it for day-to-day transactions.

    Another ten years,perhaps?


  • Registered Users Posts: 6,026 ✭✭✭ grindle


    NOT ONE business or person uses it for day-to-day transactions.
    Business: Overstock.com

    Person: Andreas Antonopolous
    How long do you reckon we should wait before business will start to use this stuff?
    ...
    Another ten years,perhaps?
    Is ten years a long time? I'd say five to ten years is fair if there aren't any huge obstacles that make an appearance. Ethereum's only been in production for four years.

    First operating system gets released in 1962. Your response in 1972: "This is shít, never gonna take off, useless."
    Internet starts up in 1969. Your response in 1979: "This is shít, never gonna take off, useless."
    First mobile phone gets released in 1973. Your response in 1983: "This is shít, never gonna take off, useless."
    The first operating system with a GUI gets shown off in 1973 as well. Your response in 1983: "This is shít, never gonna take off, useless."
    Maybe you've been in a bad accident or you were deprived of oxygen at birth or something (in which case I'm sorry that you are the way you are), but development takes time. Moreso with blockchain because it has to be incredibly secure, the incentive to keep the network secure has to be well-balanced, the punishments for bad actors have to be appropriate and all of this has to be tested through myriad permutations many times to the point of exhaustion (just like us chatting with your type, yes).

    Anyway, enterprise use has already begun on a small-ish scale, the United Nations regularly transfers money to those in need and tokenises items being dispensed to keep track of them using Ethereum.
    TUI Group's CEO has already started their own private blockchain based on Ethereum which is used to track their inventory and in the future they'll be selling left-over beds to bidders as a live auction, potentially ruining Expedia and Booking.com's business model.
    Almost every big company is currently working on this technology. Blockchain [technology] is not on the internet, it will be the internet. The network becomes non-hierarchical. So far, there were a few privileged users on the Internet and many stupid. Now we are talking about the democratization of all information structures.
    Accenture and Microsoft are using it for ID2020 and any time you're scanning your passport in an airport's quick lane you're being recorded onto a private Ethereum-based blockchain.
    There are tons of companies with in-production private blockchains because scaling on the public chain is an issue - once scaling isn't an issue and an economy of scale takes over current costs will drop significantly and if they want to interact with other companies they'll all use the chain everybody agrees on, the one they've been hiring developers for, the one with the most developers by an absolutely humongous margin, the fastest growing project in the space. Once Plasma contracts and sub-contracts are available, zkSNARKS is available & the Serenity upgrade is released the costs will drop by many orders of magnitude.
    Maybe a competitor to Ethereum edges them out but the overarching tech itself will be used for as long as tasks can be or need to be automated.

    That's the last you'll hear from me, the wilfully ignorant should be wilfully ignored. Good luck in life - I wish much better luck to the poor bastards who can't put you on ignore.


  • Closed Accounts Posts: 3,502 ✭✭✭ Phillip Acidic Orchid




  • Banned (with Prison Access) Posts: 1,002 The Enbalmer


    grindle wrote: »
    NOT ONE business or person uses it for day-to-day transactions.
    Business: Overstock.com

    Person: Andreas Antonopolous
    How long do you reckon we should wait before business will start to use this stuff?
    ...
    Another ten years,perhaps?
    Is ten years a long time? I'd say five to ten years is fair if there aren't any huge obstacles that make an appearance. Ethereum's only been in production for four years.

    First operating system gets released in 1962. Your response in 1972: "This is shít, never gonna take off, useless."
    Internet starts up in 1969. Your response in 1979: "This is shít, never gonna take off, useless."
    First mobile phone gets released in 1973. Your response in 1983: "This is shít, never gonna take off, useless."
    The first operating system with a GUI gets shown off in 1973 as well. Your response in 1983: "This is shít, never gonna take off, useless."
    Maybe you've been in a bad accident or you were deprived of oxygen at birth or something (in which case I'm sorry that you are the way you are), but development takes time. Moreso with blockchain because it has to be incredibly secure, the incentive to keep the network secure has to be well-balanced, the punishments for bad actors have to be appropriate and all of this has to be tested through myriad permutations many times to the point of exhaustion (just like us chatting with your type, yes).

    Anyway, enterprise use has already begun on a small-ish scale, the United Nations regularly transfers money to those in need and tokenises items being dispensed to keep track of them using Ethereum.
    TUI Group's CEO has already started their own private blockchain based on Ethereum which is used to track their inventory and in the future they'll be selling left-over beds to bidders as a live auction, potentially ruining Expedia and Booking.com's business model.
    Almost every big company is currently working on this technology. Blockchain [technology] is not on the internet, it will be the internet. The network becomes non-hierarchical. So far, there were a few privileged users on the Internet and many stupid. Now we are talking about the democratization of all information structures.
    Accenture and Microsoft are using it for ID2020 and any time you're scanning your passport in an airport's quick lane you're being recorded onto a private Ethereum-based blockchain.
    There are tons of companies with in-production private blockchains because scaling on the public chain is an issue - once scaling isn't an issue and an economy of scale takes over current costs will drop significantly and if they want to interact with other companies they'll all use the chain everybody agrees on, the one they've been hiring developers for, the one with the most developers by an absolutely humongous margin, the fastest growing project in the space. Once Plasma contracts and sub-contracts are available, zkSNARKS is available & the Serenity upgrade is released the costs will drop by many orders of magnitude.
    Maybe a competitor to Ethereum edges them out but the overarching tech itself will be used for as long as tasks can be or need to be automated.

    That's the last you'll hear from me, the wilfully ignorant should be wilfully ignored. Good luck in life - I wish much better luck to the poor bastards who can't put you on ignore.


    So day to day for almost everybody this technology is completely irrelevant.

    Nobody who isn't an investor in bitcoin believes anything about it being the next big thing.

    If its already ten years old and nobody is using it is because its crap,a pipe dream for libertarians.


  • Closed Accounts Posts: 3,502 ✭✭✭ Phillip Acidic Orchid


    So day to day for almost everybody this technology is completely irrelevant.

    Nobody who isn't an investor in bitcoin believes anything about it being the next big thing.

    If its already ten years old and nobody is using it is because its crap,a pipe dream for libertarians.

    Nobody? I don't invest in bitcoin and I believe in it ?


  • Registered Users Posts: 26,406 ✭✭✭✭ Eric Cartman


    How long do you reckon we should wait before business will start to use this stuff?

    Bearing in mind Bitcoin was started in 2009 and NOT ONE business or person uses it for day-to-day transactions.

    Another ten years,perhaps?

    there were pubs taking it, microsofts online store and a load of other places who now......no longer accept it....


  • Closed Accounts Posts: 4,791 JJJJNR


    Ethereum.

    Once the implementation of Casper, Raiden, Plasma and Sharding is completed.


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  • Registered Users Posts: 4,044 ✭✭✭ maninasia


    I remember hearing similar predictions from colleagues who had bought Eircom shares back in the day.

    They just "knew" that the shares would rise in value and that there'd be a a takeover that would see the value of their shares rocketing..the point being that they predicted price rises based on nothing but dumb optimism...perhaps listening to the occasional shill like RTE and the Indo but the were doomed to lose thier investments..the people who engineered the scam (and the cryptocurrencies scam) have made and taken their money out.

    The "man in the street" investor has been outmanouvered without ever realising it, and no,this time is NOT different.

    For an individual cryoticurrency this can definitely happen and in fact is likely to happen.
    For crypto market over all, the comparison doesn't stand.


  • Registered Users Posts: 4,044 ✭✭✭ maninasia


    there were pubs taking it, microsofts online store and a load of other places who now......no longer accept it....

    It's a good point.

    Bitcoin is the first generation crypto. It's Not ideal for payment. There are folks working on it called lightning but it's a workaround at best.

    There are newer generation crypto that are much superior, most notably NANO and XRP for payment.

    Check it out.


  • Registered Users Posts: 4,044 ✭✭✭ maninasia


    How long do you reckon we should wait before business will start to use this stuff?

    Bearing in mind Bitcoin was started in 2009 and NOT ONE business or person uses it for day-to-day transactions.

    Another ten years,perhaps?


    Already started . Look up travala and locktrip.


  • Registered Users Posts: 4,044 ✭✭✭ maninasia


    grindle wrote: »
    Business: Overstock.com

    Person: Andreas Antonopolous


    Is ten years a long time? I'd say five to ten years is fair if there aren't any huge obstacles that make an appearance. Ethereum's only been in production for four years.

    First operating system gets released in 1962. Your response in 1972: "This is shít, never gonna take off, useless."
    Internet starts up in 1969. Your response in 1979: "This is shít, never gonna take off, useless."
    First mobile phone gets released in 1973. Your response in 1983: "This is shít, never gonna take off, useless."
    The first operating system with a GUI gets shown off in 1973 as well. Your response in 1983: "This is shít, never gonna take off, useless."
    Maybe you've been in a bad accident or you were deprived of oxygen at birth or something (in which case I'm sorry that you are the way you are), but development takes time. Moreso with blockchain because it has to be incredibly secure, the incentive to keep the network secure has to be well-balanced, the punishments for bad actors have to be appropriate and all of this has to be tested through myriad permutations many times to the point of exhaustion (just like us chatting with your type, yes).

    Anyway, enterprise use has already begun on a small-ish scale, the United Nations regularly transfers money to those in need and tokenises items being dispensed to keep track of them using Ethereum.
    TUI Group's CEO has already started their own private blockchain based on Ethereum which is used to track their inventory and in the future they'll be selling left-over beds to bidders as a live auction, potentially ruining Expedia and Booking.com's business model.

    Accenture and Microsoft are using it for ID2020 and any time you're scanning your passport in an airport's quick lane you're being recorded onto a private Ethereum-based blockchain.
    There are tons of companies with in-production private blockchains because scaling on the public chain is an issue - once scaling isn't an issue and an economy of scale takes over current costs will drop significantly and if they want to interact with other companies they'll all use the chain everybody agrees on, the one they've been hiring developers for, the one with the most developers by an absolutely humongous margin, the fastest growing project in the space. Once Plasma contracts and sub-contracts are available, zkSNARKS is available & the Serenity upgrade is released the costs will drop by many orders of magnitude.
    Maybe a competitor to Ethereum edges them out but the overarching tech itself will be used for as long as tasks can be or need to be automated.

    That's the last you'll hear from me, the wilfully ignorant should be wilfully ignored. Good luck in life - I wish much better luck to the poor bastards who can't put you on ignore.

    That's a very good post.
    It's interesting how technology seems to take ages for adoption and then boom.suddenly everybody is using it.


  • Registered Users Posts: 6,026 ✭✭✭ grindle


    maninasia wrote: »
    For an individual cryoticurrency this can definitely happen and in fact is likely to happen.
    For crypto market over all, the comparison doesn't stand.
    No point replying to that guy, he's busy "enbalming" since he was banned from this forum
    maninasia wrote: »
    That's a very good post.
    Marry me.


  • Registered Users Posts: 1,038 ✭✭✭ rapul


    Some hard hit last few hours, few exceptions but ethereum taking a hit for sure, Trx and Hot seem to be doing all good considering


  • Registered Users Posts: 7,055 ✭✭✭ JohnnyFlash


    rapul wrote: »
    Some hard hit last few hours, few exceptions but ethereum taking a hit for sure, Trx and Hot seem to be doing all good considering

    What is HOT? Never heard of the thing. Tron is shîtting the bed the same as the rest of them. Good old DOGE is nearly performing best.


  • Registered Users Posts: 1,038 ✭✭✭ rapul


    Do your own research Johnny, not entertaining you one bit


  • Registered Users Posts: 7,055 ✭✭✭ JohnnyFlash


    Fair enough. I did, and it’s another coin with a dubious white paper, no product, shady team, with a good old-fashioned ‘I can’t believe it’s not December 2017’ pump and dump taking place.


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  • Closed Accounts Posts: 4,791 JJJJNR


    What is HOT? Never heard of the thing. Tron is shîtting the bed the same as the rest of them. Good old DOGE is nearly performing best.

    Johnny I bet your a doge millionaire.


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