What's the next biggest crypto?

Soprano16 said:
Does anyone have any links they can share to sites that show exactly which coins have been the big breakouts and made massive gains of late?
Click to expand...

https://coinmarketcap.com/gainers-losers/
Click on the 7 day. But you get a ton of nothing coins in the noise.

You can just follow the daily top performers on CoinSpot in Australia for the more mainstream coins:
https://www.coinspot.com.au/tradecoins
It shows the 6 biggest daily movers. If you just glance at that every day for a few seconds you get a good overview over time as the similar ones pop up again and again.
upload_2020-5-17_21-37-23.png
LBC has a been solid performer, up over 500% this month.

Also here, but in only shows a dozen major ones:
https://www.barchart.com/crypto/performance-leaders?viewName=chart&timeFrame=1m
 
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Call me a cynic, but I'd class Qoin as the exact opposite of a crypto!

https://qoin.world/

It's a JP Morgan, Microsoft, Amazon product. It's ' . . . a regulated non cash payments product approved as Authorised Representative number 1279598 of Australian Financial Services Licence (AFSL) number 494176.'

After you've looked over a few (dozen) of these, you get really cynical: pictures of smiling folks in well-lit rooms scattered with laptops, and texts in doesn't-quite-actually-say-anything English:

'We believe that all people should have the equal opportunity of success. Every individual should have the ability to grow their own wealth. We have designed a digital community without barriers offering everyone the potential to earn, grow and enhance themselves and their families.'


And now, just to help those interested in learning the ABCs of real cryptos, here's a gander at where you'd normally start, a crypto's specs. Do pardon, we'll use a boutique instrument I'm fond of:

Specifications

Max money: 42 coins
Transaction confirmation method: PoW+PoS
Transaction type: Public & Private
Number of transaction confirmation: 7
Number of block confirmation: 42

PoS reward: 0 - tx fees // makes 42 deflationary
Min stake age: 42 hours
Max stake age: Unlimited
PoS target spacing: 7 minutes

PoW algo type: Scrypt
PoW reward: 0 + tx fees
PoW target spacing: 21 minutes

Default Listen Port/Port to open: 4242

Source: https://github.com/42-coin/42
Wiki: https://en.bitcoinwiki.org/wiki/42-coin
Website: https://42-coin.org


This info is from page one of a Bitcointalk 'ANN thread.' The citizens of Planet Crypto expect that a crypto offers basic details of itself right up front: algorithm, number of units in the currency, where it's traded, who the devs are, etc.
 
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'I dont get why you would want to do POS or POW if the reward is 0 @inmizu .
Am I missing something?'

Perfectly reasonable query!

The miners get transaction fees (which at present wouldn't cover your 'leccy cost . . . ).

And ya really gotta have a lot of coin to make any money at staking (for coins that reward staking, which 42 does not).

But overall, considering your time and the cost of your Net data and equipment, running your wallets is a tiny contribution, and almost a sort of point of pride for long-timers -- that's 'full-blockchain wallets,' not 'lite clients.' I run full-blockchain QTs for Peercoin, GRS, and 42. And I usually got one or the other running if I'm on-line.

And one of the strange realities that's come into being, S.P. is: originally, before the explosion of altcoin numbers, being a trader was . . . sorta frowned on. But trading-volume has become soooo much a part of a healthy crypto's system that those who dev on a coin almost certainly trade that coin. And profits from trading are ultimately (assuming you're any good at it . . . ), a bazillion times greater than what's 'lost' from not getting PoS or PoW rewards.
 
Zcash is fine - been around for quite a while and always entrenched in the Top 50

Zcash, Monero and even Dash are all privacy based coins with long-standing history, but just ask yourself why you think investing in it will be good for you, and as always do your own research

Have a look at what they've done, what they're doing and what they plan on doing etc
 
Anyone have any insights into Microsoft ION identification decentralised platform (open source) on the Bitcoin mainnet? Announced recently, looks good however obviously but suspicious coming from the Gates crowd. Cheers
 
Morning, REDBACK.

One: I'm mystified by the accusation that Bitcoin is a pyramid scheme. Other aspects of crypto? Certainly. But Bitcoin is a decade old. It has Gubmints all over the world running scared. Banks and rich guys and stock exchanges have been piling in for years now. Its supply is arithmetically ('algorithmically') limited. Where's the pyramid?

Two: never ask for or accept advice on-line. It's 101.

Three: learn to trade altcoins (or, sigh, Bitcoin against fiat). PM me if you want a crypto to start with. I'll give you ten bucks' worth.

Four: operational security -- 'OPSEC' -- is as basic as not-leaving-your-gold-on-the-table-at-Hungry-Jacks-while-you-go-to-the-loo.
'Got me into it a few days ago'? Electrum wallet? Got seed and passwords, etc. backed up?
 
@REDBACK, should've taken me up on the offer. Your AUD10 in CRO would've been worth AUD11.11 now. :p

Offer open to the first 5 crypto newbies to respond to this post in this thread.

I'll send you approximately AUD20 each in CRO if you open a wallet/exchange account and post your address in this thread.

Rules:

1. Must be a crypto newbie ie neither own cryptos currently/or owned them in the past.
2. Must explain what this phrase means in their own words in this thread: "To voluntarily engage in the exchange of goods for mutual gain or not at all".

No PMs, DMs or HJs*




*hand jobs.
 
@mmm....shiney! I'll stake my spot and then work out the wallet if thats acceptable.

"To voluntarily engage in the exchange of goods for mutual gain or not at all" seems to suggest there should be reciprocity when exchanging goods with others or there should be no exchange at all.
 
Its been a while since I've played with cryptos, so i feel like a newbie again. My Ethereum wallet has been neglected and could use a top up.
 
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