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3 points · 1 day ago

Sounds like tremendous exposure forthcoming for ANON to the Asian markets.

My opinion is that you should get a job on the bitcoin anonymous dev team, you would fit right in.

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0 points · 3 days ago

I believe that is an unfair statement. That project has been nothing but transperant. They have met every deadline they have set thus far and are responsive and communicative.

3 points · 4 days ago

I get the frustration; however these posts don't help your cause. If anything they make it worse.

2 points · 3 days ago

Thank you for being so communicative guys. It can't be easy to execute a project like this; yet you guys are very responsive to community questions, consistently update progress for everyone, and have been true to your word meeting deadlines. Setting the standard for how Forks should be accomplished....keep up the great work.

1 point · 6 days ago

Its karmic justice that ZCL is already valued higher than BTCP and with a bright future ahead. ANON will be too.

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One of the most promising features of ANON has to be how very attainable a Masternode is right now; especially compared to other coins and within the context of the current market conditions. This lays the foundation for a true community project accessible to investors of all sizes.

Couple questions though....1. How much tech savvy will running a Masternode really require? Other projects have definitely seemed to have varying degrees of difficulty. My hope is that the process is as simple as possible to attract a broad spectrum of investors including even those new to crypto.

  1. Is it 100 Anon exactly to run a Masternode or is that just a minimum amount? I.e. If someone acquired a greater number of Anon than 100 would that increase their stake or is each Masternode capped at 100 precisely?

I'm interested to hear further clarification/information from Team and/or thoughts from other Community Members regarding this promising aspect of the project.

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5 comments
Pmw26 commented on
r/BitcoinPosted by

I just love how much bitcoin relies on pulling in more bagholders to support its price. Take this post and replace bitcoin with any number of scammy investments and it reads the same.

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2 points · 10 days ago

I think the point is that with greater awareness, confidence, and adoption that subsequently demand and value will increase greatly. This is not only true of Bitcoin, but most asset classes in general.

Mostly with bitcoin, though, because it kind of works like a giant MLM system.

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2 points · 10 days ago

The FTC lists "Five Red Flags" which they deem are indicative of an MLM/Ponzi/Pyramid Scam. Bitcoin doesn't fit into any of their criteria. More people having confidence in and having a use case for Bitcoin is necessary to increase its value that is true; but that is also true of paper money, real estate, and even precious metals; and is not indicative of a scam in itself.

"Instant confirmation"

Lightning and other tech will give you the same result here.

"Instant confirmation with no fees. "

Fees are embedded into the cost of the goods you are buying, to the tune of around 3% of the purchase

"With my credit card, I get cash back on every purchase, fraud insurance, rental car insurance and a bunch of other perks"

That is also taken from the 3% higher you pay in goods and services without realizing it.

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8 points · 21 days ago

Great points; not to mention exorbitant interest rates for the consumer.

Not if you pay your balance every month.

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3 points · 20 days ago

Correct if you only use the card as a "transactor" you don't have interest. But less people are paying off their balance monthly. Revolving credit card debt is at ATH.

3 points · 1 month ago

Curious what the overall energy footprint of the entire banking industry is...

2 points · 1 month ago

I have faith that the Team will release more technical specifics prior to the fork for those who want/need that info; as really they have already provided more upfront information than most prior projects. Moreover, I find it refreshing that this project seems to be focusing a great deal on business/philosophical fundamentals than just the tech. Obviously the tech needs to be on point, but there is an inherent appeal here to and for the "uncoined" and that is a crucial component to build toward greater adoption.

6 points · 1 month ago

A couple examples:

  1. Commitment to transperency through the forking process. ANON released Whitepaper long before fork, BTCP's came out after their fork. The ANON team has stated it will be a priority to lock down major exchange support well prior to the fork, the BTCP fork left rampant speculation up to the days and even hours prior to their fork which exchanges would support it. I believe this had very negative repercussions for both ZClassic and many investors caught up in all the confusion. Due to both the new ZClassic team & how ANON is approaching this; ZClassic will remain a strong viable coin postfork unlike being left for dead after BTCP fork occurred. That's a positive for ANON, for ZCl, and for Crypto in general.

    1. Masternodes. Not only is this a great concept to allow greater community investment/input and reward those who help to mantain the ANON network; but the entry level to acquire a Masternode atm is VERY affordable/attainable and provides the opportunity to truly make this a community project backed by many smaller investors.

My point here is not to bash BTCP in anyway. I think greater cooperation in Crypto would benefit us all. From what I know it seems that BTCP is viable and moving in the right direction but that it's origins could have been handled much better and that it has taken quite some time to right the ship. ANON has impressed me as a first class project from the start with their team, ability to deliver on deadlines, and their commitment to doing things the right way and avoiding the negative aspects of prior forks.

1 point · 1 month ago

Agreed 100%. Well thought out post. It should be clear to anyone doing their DD on ANON that this project is the real deal.

1 point · 1 month ago

Agreed 100%. Well thought out post. It should be clear to anyone doing their DD on ANON that this project is the real deal.

Comment deleted1 month ago
Original Poster1 point · 1 month ago

Right on. I think this would be one of the few positive use cases for procrastination on my part as well.

A lot of work is going on behind the scenes at the moment but announcements of the whitepaper/adviser are coming before June 1st which will provide lots to discuss as well as give us a guide of what to expect going forward.

There is talk of the fork date being moved forward as development is ahead of schedule as well.

This is just the calm before the storm :)

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2 points · 1 month ago

Well said. It is more important to have a team, product, and project that are on point than an active subreddit. This project has MANY loyal supporters already and that is set to grow exponentially as this process unfolds.

Send to MEW, My Eth Wallet

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Original Poster1 point · 1 month ago

Good info. That should help a lot of people. Cryptopia stated concerns that DGPT was a "Security" and that's was their reasoning in delisting it. What does everyone else think is it a security? I think this was poorly handled by Cryptopia irregardless. They should have given some type of notice before closing the market. Stuff like that gives Crypto a black eye.

You know I wonder if the devs a listening to the community, the last few weeks there has been so much talk in the community about rebranding.

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-1 points · 2 months ago

You guys make a great point regarding the rebrand proposals. I believe that 1. Now would be the time to do it; in unison with all the recent and upcoming developments and 2. There can be a way to give a proper nod to the history/meaning of ETC's core principles but also eliminate the "Classic" term from the name. It just gives an initial impression of being outdated to most who don't know more about the project when they first encounter it; when in reality, that couldn't be further from the truth.

5 points · 2 months ago

While I agree that more formal updates would go a long way, it would seem that the team has been busy at work and has accomplished a lot as of late; particularly to get this listed with the major exchanges. Getting Binance and Bittrex in the past month or so is huge. This positions Storm very well for long term growth and the timing couldn't be better in terms of immediate outlook with the upcoming Rebrand and Airdrop.

2 points · 2 months ago

Well done Jake and Team. I look forward to more info being released; the Executive Summary and the Summit clip are great at conveying your main points of emphasis for the project. It's so refreshing for a new/fork project to set such high accountability standards for itself. Anyone who calls this project's legitimacy into question either has an agenda or lacks understanding of the big picture. ANON will be a great success.

Isn't there still an Airdrop near the beginning of June?

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I for one believe it best to support ZClassic in it's original form as well as both the existing and future forks or any combination thereof. I understand that individuals bring their own biases and beliefs, and want to promote what is in their own self interest- or what they believe to be. But, there is to much FUD spread here slung in all directions. It reflects negatively on all of the projects associated with ZClassic and is dragging them all into the mud. It's unlikely that Crypto will be a zero sum industry where only one coin survives. It's likely that several of the strongest will succeed in the future and with so many bright people associated with this community and related projects the potential even exists for multiple coins from the ZClassic lineage to be right there through greater cooperation. Like a new child's birth can strengthen a family; I look to the upcoming fork(s) as an opportunity to grow and strengthen the ZClassic brand and community; therefore I suggest that everyone try to maintain a more positive tone regarding ZClassic and ALL related projects here. This would be of greater benefit to all investors within the community. Let the tech, teams, and market determine survival of the fittest of individual coins on their own merit from there.

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9 comments

Just wish somebody would answer my question about whether I need to do anything with my paper wallet.

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2 points · 2 months ago

I would suggest to contact the team directly about your question to make sure you get it right. I reached out to Sebastian the other day on here with a similar fork question and was really impressed by their responsiveness.

Pmw26 commented on

Good info thanks for sharing with everyone. Any word from other exchanges? Didn't see anything on Binance.

5 points · 2 months ago

Best of luck guys. This project shows great promise. The no nonsense, direct, transperant tone that you are setting speaks volumes.

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From the information which has been released thus far it would seem there is little actual comparison to be made between Bitcoin Private & Anonymous Bitcoin. The comparison should end in that they are forking off the Bitcoin/ZCL block chain & that there is a privacy focus. There seems to be a very strong team with momentum behind the BTCA project and their promise to bring transperency to the forking process is refreshing as it seemed there was anything but that leading up to the BTCP fork. Fast transaction speeds & the integration of Masternodes whereby investors can stake their coins seem to be very promising aspects of this project differentiating it from being just another privacy coin or BTC fork.

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14 comments
4 points · 2 months ago

Correct guys. Up almost 50% in last two hours as word is just really getting out. While there may be a final pump in August that will be way to late to get on board for this one anywhere near this price. This fork is the real deal with alot behind it. Very strong team for BTCA, CNBC announcement (how many crypto forks get that), and some bad ass conceptual design & tech.

Yea word really IS just getting out I cant hardly find any info on it. Im going to look through the ZCL subreddit but maybe you guys could help me out, wth is going on?

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2 points · 2 months ago

Check out this article. Has link to places to learn more as well. Hope helps. http://bitcoinist.com/a-big-forking-announcement-anonymous-bitcoin-a-zcl-and-btc-fork/

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6 points · 2 months ago

I don't believe Verge and Sys are comparable nor are their recent situations. It's like comparing apples and oranges. Verge has long been a pump and dump coin who's hype has not lived up to it's actual concrete development. Conversely, Sys has been a longterm project with strong tech and real world applications. It's been performing extremely well vis a vis Bitcoin and there are also other price catalysts on the horizon i.e. airdrop beyond April 30th at the end of May to attract further short term investment. I think it's a better strategy in Crypto right now to "buy the news" and invest in the strong projects that are achieving their benchmarks and have real use case- as consolidation for the industry is coming-and many weak projects that are all hype will fall by the wayside. Therefore, now is the time to ACCUMULATE and invest in Sys for the long-term.

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