Is anyone else starting to become a bit excited?

grindle

Truckermal wrote: »

Yep then looked at it again at 9am and it was 250 sats so I decided to jump in again but fcuk me I hit limit order instead of market order and it went up to 330...:mad:

Hopefully it'll drop back. The VC's have 50% of current supply to dump and they're in profit all the way down to 70-80% drop from current price. Could be like RVN and have it's small (in restrospect, horrible for those who bought the top) dip, then go ballistic again.

Truckermal

Dent doing well earlier too! Yep looking forward to the Harmony dump!

Dades

Dades wrote: »

Thanks for the responses. I work in the compliance space where trust and accountability are everything.
The thing is, you can hook in with regulatory authorities such as FINRA (in the US) without the level of immutability of blockchain. Any enterprise can share personal data feeds with verified organisations as long as your own security credentials are sound.

There must be some other reason for using blockchain, as you'd have to think blockchain implementation and upkeep is degrees more complicated than a 'traditional' SaaS model.

I'm not trying to hijack the "excited" thread btw (I dabbled a bit in Matic earlier this month!) ignore or move on at will.

JJJJNR wrote: »

Smart Contracts and the decentralisation of an application platform? blockchain as a service offerings are available for the same reason other 'as a service' solutions are available. Microsoft is currently running a decentralised solution for identity management (Microsoft ION) initially on the back of the bitcoin network, but it will port over to any platform in future releases.

That's just buzzwords. Why use blockchain in this scenario instead of a traditional DB when compliance regulatory bodies continue to embrace DBs as an accepted method of storing and maintaining data?

Truckermal

Ravencoin going well since yesterday!

Grumpypants

Coinbase Earn has a new course on EOS. You can earn $10 worth by answering 5 questions. No referral links needed.

JJJJNR

Dades wrote: »

That's just buzzwords. Why use blockchain in this scenario instead of a traditional DB when compliance regulatory bodies continue to embrace DBs as an accepted method of storing and maintaining data?

Microsoft operate in one of the most stringent areas of financial compliance in the world, where the biggest banks are using their security to protect your data. There's huge areas that need improving where a traditional database doesn't work and data is easily manipulated.

The fact your referring to a working product as a buzz word imo means your here just to troll.

Do your own research if your in that area. DBs will soon be known as legacy within the next 5 to 10 years.

JJJJNR

https://m.independent.ie/irish-news/courts/exanglo-irish-bank-official-walks-free-from-jail-following-successful-appeal-34305346.html

regulatory authorities.. great bunch of lads.

Grumpypants

JJJJNR wrote: »

https://m.independent.ie/irish-news/courts/exanglo-irish-bank-official-walks-free-from-jail-following-successful-appeal-34305346.html

regulatory authorities.. great bunch of lads.

They need the space to lock up grannies that haven't paid their tv licence.

stockshares

Truckermal wrote: »

Dent doing well earlier too! Yep looking forward to the Harmony dump!

Harmony is €0.018 atm. What would be a good price to get in at.

Truckermal

stockshares wrote: »

Harmony is €0.018 atm. What would be a good price to get in at.

Tough call it bottomed at 234 Sats and currently at 240.

stockshares

Truckermal wrote: »

Tough call it bottomed at 234 Sats and currently at 240.

Do you reckon it will rise again.

I've never got in on a recently launched Coin. They seem to have a pattern of Initial Pump+ Dump and then take off again. Previous coins Launched on Binance did well so am considering this one.

Blueshoe

Vechain about to run.

Not based on info or ta

rapul

Just be very careful, the usual only put in what you can afford to loose, if could sway up and down wildly, but could be worth a punt if your just trying to make some mula

stockshares

rapul wrote: »

Just be very careful, the usual only put in what you can afford to loose, if could sway up and down wildly, but could be worth a punt if your just trying to make some mula

The Coins I'm interested in have been at a standstill for Months. Don't want to put anymore into them until they start showing some life. Just thought Harmony might be an opportunity to make a profit and then Invest that

Truckermal

stockshares wrote: »

The Coins I'm interested in have been at a standstill for Months. Don't want to put anymore into them until they start showing some life. Just thought Harmony might be an opportunity to make a profit and then Invest that

Impossible to say it could dump even further or a big announcement could send it to 500 sats!

I'm only investing previous profits so I can afford to take a gamble.

stockshares

Truckermal wrote: »

Impossible to say it could dump even further or a big announcement could send it to 500 sats!

I'm only investing previous profits so I can afford to take a gamble.

I was thinking of taking BNB profits and put those into Harmony but I'm Hesitant. I could ruin a good thing

rapul

Takes money to make money!

Dohnjoe

stockshares wrote: »

The Coins I'm interested in have been at a standstill for Months. Don't want to put anymore into them until they start showing some life. Just thought Harmony might be an opportunity to make a profit and then Invest that

The top 6 or 7 have been moving well, led by BTC. Most alts haven't moved much yet (I literally check all the movers every 30 odd mins, and have been sadistically doing so for years now)

When the alts start to move, they really move. Patience is king. It could all plunge back down of course, only then would I start buying (haven't been buying since March)

stockshares

Screenshots of Current chart and 24hr stats of Harmony from CoinmarketCap mobile app.

The Volume has dropped off quite a bit.

stockshares

I've asked on Binance Telegram what's a good price to buy Harmony and they reckon when it drops to around 70-80 satoshis.

The equivalent price for ONE/BNB is when it drops to around 0.000209 BNB

grindle

stockshares wrote: »

I've asked on Binance Telegram what's a good price to buy Harmony and they reckon when it drops to around 70-80 satoshis.
B

That's ~70% drop from current price and would have the cap at $20-$25m? Seems like a steep drop if they're expecting it flatten to just 2x ICO price.
Maybe if there's another 2018-style gutting of the market.

stockshares

grindle wrote: »

That's ~70% drop from current price and would have the cap at $20-$25m? Seems like a steep drop if they're expecting it flatten to just 2x ICO price.
Maybe if there's another 2018-style gutting of the market.

I don't have the knowledge or experience with Crypto to Assess it. I set a Buy order at that price just in case it does drop to that but it would be a very steep drop alright.

I didn't pay attention to the Matic launch so I don't know exactly what happened before it took off. I presume these launches follow the pattern of a pump and dump at first but I'm only assuming

Dades

JJJJNR wrote: »

The fact your referring to a working product as a buzz word imo means your here just to troll.

Well that's just rude. I asked why a certain type of enterprise solution is better addressed with blockchain, and you mention "smart contracts and decentralisation". I understand these are the lynchpins of blockchain but mentioning them doesn't explain what benefit a blockchain is to something that has never needed smart contracts or decentralisation.

JJJJNR wrote: »

Do your own research if your in that area. DBs will soon be known as legacy within the next 5 to 10 years.

Do my own research but don't ask anyone here or be accused of being a troll? Right.

Nevermind.

Truckermal

Dades wrote: »

Well that's just rude. I asked why a certain type of enterprise solution is better addressed with blockchain, and you mention "smart contracts and decentralisation". I understand these are the lynchpins of blockchain but mentioning them doesn't explain what benefit a blockchain is to something that has never needed smart contracts or decentralisation.

Do my own research but don't ask anyone here or be accused of being a troll? Right.

Nevermind.

Can you not post this waffle in some other thread?

Truckermal

stockshares wrote: »

I've asked on Binance Telegram what's a good price to buy Harmony and they reckon when it drops to around 70-80 satoshis.

The equivalent price for ONE/BNB is when it drops to around 0.000209 BNB

I doubt it will tank that much but who's to know!

Dades

Truckermal wrote: »

Can you not post this waffle in some other thread?

FFS, I work in financial compliance I have designed processes for one of the biggest crypto exchanges around who are now a client - I asked an honest question.

I guess this is the Kool aid thread. I made a few quid out of Matic while following it, but Jesus the insecurity here is palpable.

JohnnyFlash

JJJJNR wrote: »

Do your own research if your in that area. DBs will soon be known as legacy within the next 5 to 10 years.

lol

Tango One

https://www.investinblockchain.com/new-evidence-suggests-satoshi-nakamoto-is-paul-solotshi-the-creator-of-encryption-software-e4m-and-truecrypt/

Interesting article sounds like a good plot for a movie.

grindle

Dades wrote: »

That's just buzzwords. Why use blockchain in this scenario instead of a traditional DB when compliance regulatory bodies continue to embrace DBs as an accepted method of storing and maintaining data?

We'd all need to know what processes they're trying to automate away but quotes from the involved imply that costs will be cut - at first it likely won't be from storing the data on the blockchain unless somebody wants to price computation and storage lower than AWS does, but more the maintenance side of things. If you're clued in on who or what accesses or processes the data in that kind of situation maybe you can give an insight into what they're trying to do?

We're bound to be more clueless than you in this regard if you're working in compliance - what aspects of the job which are mind-numbingly tedious and potentially have to have more than one person look over and sign off on it would be better off automated based on sets of conditions in a contract?
If there's a repititious task or a set of them that can made cheaper by programming conditions into a contract (or a set of them) that traditionally a human or a few humans would have to oversee, that's where they'll save money.

It's less about databases dying or a need to swap databases for a blockchain, more a business-want to automate people (---> slowness, tardiness, laziness, fault or fraud) out of the equation.

We'd like to know just as much as you about what exactly they're doing, where exactly they aim to save money, but they're saying that they will. It's not our fault we don't know what they're aiming to automate, you've got more insight there.
Think of the most tedious tasks that a set of smart contract templates could automate, think about the €20-€60 an hour it traditionally costs each person involved to maintain those tasks (poring over documents looking for holes or mistakes, researching for themselves if they have a hole in their own knowledge or if they're slightly unsure of anything, making sure that whatever condition or sets of conditions are met which could be a yay or nay for whatever decision it is) and consider whether or not they could be programmed, results batched then verified for an easier eventual audit from a blockchain. That's what Deloitte and EY are pushing.
The reason companies like that are so bullish on it is because they can see it will redefine how much of their own work is done. As accountants the writing was on the wall for their businesses before all others so they saw the benefit in taking advantage first. They'll either get to downsize staff with greater profits or reappropriate funds towards better service/s - which seems very unlikely, but maybe. Sometimes companies don't act like leeching scum. Chances are slim.

JJJJNR

Dades wrote: »

Well that's just rude. I asked why a certain type of enterprise solution is better addressed with blockchain, and you mention "smart contracts and decentralisation". I understand these are the lynchpins of blockchain but mentioning them doesn't explain what benefit a blockchain is to something that has never needed smart contracts or decentralisation.

Do my own research but don't ask anyone here or be accused of being a troll? Right.

Nevermind.

You never made a specific reference to enterprise on your post. So in general smart contracts and decentralisation are two reasons to use blockchain. As said database data in the past has been manipulated, a blockchain is a database essentially, but without data structures information in stored in blocks with cryptographic encryption so essentially cannot be manipulated or changed to suit the instructions from above.