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Price speculation
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Author Topic: Price speculation  (Read 4499841 times)

bitcoinpaul

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Re: Price speculation
« Reply #24800 on: September 30, 2015, 07:14:02 am »

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LiQio

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Re: Price speculation
« Reply #24801 on: September 30, 2015, 07:37:07 am »

Another poll - if you have some spare time  :)
https://bitcointalk.org/index.php?topic=1196533.0

coinomat

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Re: Price speculation
« Reply #24802 on: September 30, 2015, 08:04:35 am »

on what exactly do they spend 340,000 CHF per month?
there will be salaries, office space, travel expenses, and hosting costs. What else? IP lawyers and lobbyists?  ::)

How would that add up to 340,000 CHF per month?
Paying 30 employees (number out of thin air) 5,000 CHF per month would land them at 150,000 monthly- so what else?
Silicon valley start-ups spend a lot too :)
That's what they are actually, good for them. probably not so good for crypto though.
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yassin54

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Re: Price speculation
« Reply #24803 on: September 30, 2015, 08:41:48 am »

Berzerk

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Re: Price speculation
« Reply #24804 on: September 30, 2015, 08:54:42 am »

on what exactly do they spend 340,000 CHF per month?
there will be salaries, office space, travel expenses, and hosting costs. What else? IP lawyers and lobbyists?  ::)

How would that add up to 340,000 CHF per month?
Paying 30 employees (number out of thin air) 5,000 CHF per month would land them at 150,000 monthly- so what else?
Silicon valley start-ups spend a lot too :)
That's what they are actually, good for them. probably not so good for crypto though.


Working for Crypti I know exactly what they pay for. Marketing and ads.

You want a CoinDesk article and some ads? Pay $3000! CoinTelegraph? $2200!

It's crazy and a huge money market..
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jabo38

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Re: Price speculation
« Reply #24805 on: September 30, 2015, 09:05:29 am »

on what exactly do they spend 340,000 CHF per month?
there will be salaries, office space, travel expenses, and hosting costs. What else? IP lawyers and lobbyists?  ::)

How would that add up to 340,000 CHF per month?
Paying 30 employees (number out of thin air) 5,000 CHF per month would land them at 150,000 monthly- so what else?
Silicon valley start-ups spend a lot too :)
That's what they are actually, good for them. probably not so good for crypto though.


Working for Crypti I know exactly what they pay for. Marketing and ads.

You want a CoinDesk article and some ads? Pay $3000! CoinTelegraph? $2200!

It's crazy and a huge money market..

Wow that is expensive
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Damelon

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Re: Price speculation
« Reply #24806 on: September 30, 2015, 09:23:57 am »

on what exactly do they spend 340,000 CHF per month?
there will be salaries, office space, travel expenses, and hosting costs. What else? IP lawyers and lobbyists?  ::)

How would that add up to 340,000 CHF per month?
Paying 30 employees (number out of thin air) 5,000 CHF per month would land them at 150,000 monthly- so what else?
Silicon valley start-ups spend a lot too :)
That's what they are actually, good for them. probably not so good for crypto though.


Working for Crypti I know exactly what they pay for. Marketing and ads.

You want a CoinDesk article and some ads? Pay $3000! CoinTelegraph? $2200!

It's crazy and a huge money market..

Yup, and it's not that hard to see why: demand is great and the supply is low. Classic economics :)

Lots of projects want/need to get the message out and there is a lot of free money floating around in projects.

So offering advertisements is an easy way to make money.

Pity that in all these industry magazines the articles always suffer because they almost always need to degenerate into some form of clickbait :(
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Cassius

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Re: Price speculation
« Reply #24807 on: September 30, 2015, 09:38:17 am »

What sort of traffic are those sites getting? I'd like to price BitScan competitively, and maintain some sort of quality...
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Berzerk

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Re: Price speculation
« Reply #24808 on: September 30, 2015, 11:07:07 am »

What sort of traffic are those sites getting? I'd like to price BitScan competitively, and maintain some sort of quality...

Check their media kits. :) Numbers are in there.
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nzminer

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Re: Price speculation
« Reply #24809 on: October 01, 2015, 02:07:52 am »

Another poll - if you have some spare time  :)
https://bitcointalk.org/index.php?topic=1196533.0
Done!  ;D ;D

I started that poll!  ;D

Mainly to judge the feeling in the BCT community.
Nothing really scientific about this poll, but its interesting to see how attitudes have changed over the last 12 months.
Lots of NEM and NXT holders will obviously be voting there, but if i did this poll 2 months ago, i doubt NEM would have had the same number of votes, even 12 months ago, i did a similar poll and NXT came right out on top.

Interesting to see how little Ethereum votes there are currently.
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crackers

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Re: Price speculation
« Reply #24810 on: October 01, 2015, 02:45:33 am »

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Cheers!
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SafeFund

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Re: Price speculation
« Reply #24811 on: October 01, 2015, 03:42:01 am »

I am surprised nobody here mentioned it already! Someone wants to try and explain me how the hell they have managed to squander $18 millions? I guess they are out of money!

https://blog.ethereum.org/2015/09/28/the-evolution-of-ethereum/

The same way the Bitcoin Foundation managed to "lose" their money and went near bankrupt.

When people get too much money without working for it, they cannot appreciate it. I personally work hard for every dime, that is what makes a person disciplined.
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Kiomansk

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Re: Price speculation
« Reply #24812 on: October 01, 2015, 04:31:54 am »

I am surprised nobody here mentioned it already! Someone wants to try and explain me how the hell they have managed to squander $18 millions? I guess they are out of money!

https://blog.ethereum.org/2015/09/28/the-evolution-of-ethereum/

The same way the Bitcoin Foundation managed to "lose" their money and went near bankrupt.

When people get too much money without working for it, they cannot appreciate it. I personally work hard for every dime, that is what makes a person disciplined.

Having a large pile of wealth is something I'd really only feel secure about if I had a revenue stream to back it up. You can burn wealth SO easily it's almost absurd. (And when you understand that, the envy felt towards the wealthy becomes quite ridiculous.)
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LocoMB

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Re: Price speculation - quick adaption of TX fees
« Reply #24813 on: October 01, 2015, 06:32:54 am »


I want to float an idea regarding transaction fees here:

currently, 1 Nxt/tx fee is mostly adequate. However, if Nxt price gets volatile, we should be able to quickly adapt. To what?

Suggestion: Postage.

We peg the TX fee to some external utility: For example 1/50th of  some average of a basket of postage fees.

Currently, 1 Nxt is roughly 1/50th of what you have to pay to send a letter via surface mail.

Volatility of Nxt price is a very real possibility, and we should have contingencies for that case in place when it occurs.

There is probably a thread for that, but I couldn't find it so I post it here. Has higher exposure anyway.
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LiQio

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Re: Price speculation
« Reply #24814 on: October 01, 2015, 09:00:53 am »

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

Cassius

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Re: Price speculation
« Reply #24815 on: October 01, 2015, 09:13:23 am »

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.
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yassin54

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Re: Price speculation
« Reply #24816 on: October 01, 2015, 09:18:39 am »

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.
it is good article for POS?
sorry for my noob question but i am not expert  ;D ;D
difficult to understand for me  :D

LiQio

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Re: Price speculation
« Reply #24817 on: October 01, 2015, 09:20:42 am »

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.

Haha, yeah for a fraction of a second I thought, they would replace this

with this

yassin54

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Re: Price speculation
« Reply #24818 on: October 01, 2015, 09:28:06 am »


Haha, yeah for a fraction of a second I thought, they would replace this

with this

https://twitter.com/MagicNxt/status/649516436096946176

achim

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Re: Price speculation
« Reply #24819 on: October 01, 2015, 09:32:03 am »

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.
it is good article for POS?
sorry for my noob question but i am not expert  ;D ;D
difficult to understand for me  :D

Let me summarize:

Blablabla PoS is unsecure yaddayadda N@S attack blabla Nxt mining is unfair because bigger accounts get more forging fees blabla.
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