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granaldo

51 karma · joined August 6, 2014

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granaldo··on Bitcoin Bloodbath Nears Dot-Com Levels as Many Tokens Go to Zero
Price movement with jumps like this

See https://www.coingecko.com/en/coins/bitcoin

It is always too early to call it dead or alive

granaldo··on Introducing A16Z Crypto
prefer they invest in companies than tokens, tokens have been dropping so much recently https://www.coingecko.com/en
granaldo··on In the World of Cryptocurrency, Even Good Projects Can Go Bad
Bad projects may perceive as good Good may perceive as bad The market dont know better
granaldo··on Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose Millions
How is the price https://www.coingecko.com/en/price_charts/bitcoin-gold/usd still good when this is all over the news?
granaldo··on You don't need a blockchain in that
And the list go on here https://www.coingecko.com/en/ico
granaldo··on Hundreds of Bitcoin Wannabes Show Hallmarks of Fraud
No denying the wild speculative ride https://www.coingecko.com/en/coins/ath
granaldo··on Wall Street rethinks blockchain projects as euphoria meets reality
The great correction is here https://www.coingecko.com/en shows total red Everyone needs to start waking up. Blockchain solves transfer of value really well, took years for it to prove that it works. What has the other projects proven?
granaldo··on Monero Is Less Untraceable Than It Seems
I've seen countless writings against monero yet the market still price it worthy https://www.coingecko.com/en/price_charts/monero/usd Can compare this to iota revelation?
granaldo··on The ICO paradox and how to fix it
Massive correction like we see now https://www.coingecko.com/en is a good way for the market to readjust itself and wake up to all the ico greed is good
granaldo··on The tech world is split over Telegram’s fund-raising campaign
The total number of ICOs https://www.coingecko.com/en/ico happening now is just insane

And how the market dropped and correct recover in a span of less than 24 hours is beyond everyone's mind https://www.coingecko.com/en

The way to get through this is to assume that blockchain finance industry is unconventional wisdom

granaldo··on America Is Giving Away the $30B Medical Marijuana Industry
I don't know cryptocurrency centered around this industry is doing a favor or disfavor? Paragon https://www.coingecko.com/en/price_charts/paragon/usd Potcoin https://www.coingecko.com/en/price_charts/potcoin/usd

Why and what people are doing with these?

granaldo··on ‘Blockchain’ is meaningless
The killer app of blockchain is people trading coins in and out speculating on altcoins https://www.coingecko.com/en
granaldo··on Coinbase Index Fund
How about buying into top 10 coins from CoinGecko https://www.coingecko.com/en weighted by multiple metrics and they got https://www.coingecko.com/en/crypto_index/crix
granaldo··on Bitcoin faces regulatory crackdown, Bank of England warns
At current market cap of almost 200b for bitcoin based on https://www.coingecko.com/en

It seems that the market is ignorant against news like this. As we have seen after what some countries had attempted to ban

People will see value in this and try to acquire it. Making it harder to buy may very well put bitcoin a higher price or activity goes underground. Everyone loses

granaldo··on Cryptographers Urge People to Abandon IOTA After Leaked Emails
Interesting that after much bad news on IOTA, the market is still pricing IOTA well https://www.coingecko.com/en/price_charts/iota/usd market is ignorant, uninformed, or its all none total speculative
granaldo··on IOTA: The Brave Little Toaster That Couldn’t
as interesting iota is so they claim, my bet is on lightning network for high scalability transaction and machine to machine payment
granaldo··on Ethereum founder warns cryptocurrencies 'could drop to near zero at any time'
Think he's trying to give a cautious warning but end up going binary 1 or zero. infinity or zero. Most people who got into the market at good times in 2017 have not seen how insane the market has behaved in percentage term. Bitcoin went from $30 to zero before back then.

Another note, it looks like these days currencies rarely go to zero. last i checked the infamous bitconnect that has collapsed https://www.coingecko.com/en/price_charts/bitconnect/usd is still trading and has value

i starting to think of it like physical coins that goes out of circulation. wanna buy an old franc or roman coin, its worthless but people are trading it for its rarity; or it becomes cheap enough to be speculated again.

granaldo··on Atari Is Jumping on the Crypto Bandwagon
If you treat each token issued by companies, the total number of them to equal the stock market that is the multitude of stocks available. Then it do not appear too strange. Already more than 1000 tokens in the market now according to http://coinmarketcap.com and https://www.coingecko.com/en at current pace we are going we will see 20000 tokens or coins, with people trading back fourth with some value put to them
granaldo··on Telegram has raised an initial $850M for its billion-dollar ICO
To be honest I have not seen any official marketing page from telegram nor any ico calendars like https://www.coingecko.com/en/ico . Is this entirely private by some group of deserving entities? When will the public can and able to participate?
granaldo··on Bad code may be to blame for $500M of cryptocurrency losses in seven months
Tipping point is bulk of everything Seeing more of this further solidifies the case for decentralized exchanges

I used to remember how every hack hits the market really bad

This time every hack is like business as usual https://www.coingecko.com/en

Which is why when I get into investing in crypto. I take coin hack risk and volatility risk into account from day

granaldo··on BitGrail lost $170M because only client-side validation was used
True for coin with low liquidity which is why chart ranking solely based on market cap is inaccurate, an alternative is https://www.coingecko.com/en

If the orderbook is thin and supply circulated is plenty, the market cap moves by the tradr

granaldo··on Bitcoin turning into a multi-layered system is most interesting thing in crypto
This is also one reason why bitcoin price went up too too much https://www.coingecko.com/en/price_charts/bitcoin/usd

The expectation for a proper scaling solution to open up bigger possibilities. Ofcourses privided this is best course of action against bigger blocks only

granaldo··on BitGrail got hacked and is insolvent
How exposed are Nano/Raiblocks lost from the hack? As of now there are many exchanges https://www.coingecko.com/en/coins/nano/trading_exchanges including major ones like Binance.

This is also why i decide to hold coins that i know i can hold with hardware wallets. Yes I wont make much gain speculating on altcoins, but i know i wont lose money due to risk as such

granaldo··on How Often Do Cryptocurrencies Commit New Code?
Coingecko has been tracking this too, for example https://www.coingecko.com/en/coins/ethereum/developer
granaldo··on Russian nuclear scientists arrested for 'Bitcoin mining plot'
What hashrate is this supercomputer giving? want to calculate the profitability https://www.coingecko.com/en/coins/bitcoin/mining_calculator
granaldo··on Bitcoin dropping alongside global stock markets, discrediting safe haven theory
The case of bitcoin being safe haven is probably only apply in the long term. It's quite obvious the price is heavily speculated now.

As we speak market sees extreme volatility and we have a bit of green positive https://www.coingecko.com/en Do not imagine it lasting again due to sheer speculation and negative sentiment.

Once it cools off, bitcoin will probably test it's attribute as safe haven again only when the stocks and bond market gets hit in isolation. Even now we do not see increase in gold price yet

granaldo··on Worries Grow That the Price of Bitcoin Is Being Propped Up
Is Tether highly exposed only to bitcoin and not ethereum? Bitcoin price seems to be taking a heavier hit than Ether https://www.coingecko.com/en
granaldo··on Status.im puts $5M into Matrix.org to fuel FOSS decentralised comms
Its crazy how the Status market cap used to be at around $2B https://www.coingecko.com/en/price_charts/status/usd
granaldo··on SEC halts AriseBank ICO
and the never ending long list of ICOs https://www.coingecko.com/en/ico
granaldo··on Davos: Bitcoin is not a currency
At current market cap of 188 billion https://www.coingecko.com/en/

It's not currency then it becomes a tool of speculative future. It's no longer feasible as payment due to current block scale issue. Then it becomes protocol for building blocks

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