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2023-11: Warosu is now out of extended maintenance.

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10665881 No.10665881 [Reply] [Original]

Its crashing today. Whats going on with Skycoin, its seems a brilliant project with huge potential. Why is it so unloved right now? When I bought the other day bots instantly dipped the price down, is it being heavily manipulated?

Is the tech really good?

>> No.10666598

It's tanking cos Synth is a bullshitter and these 'antennas' wont be ready for 5 or 6 fucking years.

This retard reckons its 'just a few months away' since August 2017.

The tech is good but Synth is seriously deluded and a hardware brainlet who gets conned by chinks designing useless junk.

If they were just focusing on getting skywire as the new TOR darknet then it would be better. And getting rid of scammer chinks would help.

>> No.10667205
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10667205

>>10666598
Soon. Skywire is literally the only thing I'm working on. We're flying an entire extra team of devs in.

>> No.10667511

>>10665881
Price is being suppressed on Binance by whales. This will not last forever. They want to get as much as possible for cheap because Skycoin fundamentals are so desirable.

>> No.10667653
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10667653

>>10667511
Idk who’s worse, skyfags or vetfags. The coping is reaching maximum anal penetration.

>> No.10667667

>>10665881
>there are people on this board that bought skamcoin at $25

Let that sink in

>> No.10667991
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10667991

>>10667667
>there are people on this board that bought bitcoin at $25

Buying now at $2.50 is the easiest 10x you'll ever make in your life.

>> No.10668217

>>10667991
Kek. It will drop off the face of the earth soon.

>> No.10668222

>>10665881
because it’s an obvious fucking scam and everyone investing in this garbage is retarded. you will learn too.

>> No.10668223

>>10667511
The price is collapsing as more and more people panic sell when they realise that it’s going to zero.

>> No.10668237
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10668237

>>10668217
That's easier said than done given that we have a global fleet of physical hardware.

>> No.10668244

>>10668222
Tell me what you think the scam is and I'll tell you why you're unfounded in your belief.

>> No.10668254

I guess my only concern is if HOLO does the same job as Skycoin without all the BS and antennae?

>> No.10668337

>>10668254
They have to figure out how to do the job at all: https://www.theregister.co.uk/2016/08/22/sdn_controller_design_sucks_claim_network_boffins/

Also, hashgraph and similar solutions like DHT are already under patent, which holo will be infringing on. https://www.youtube.com/watch?v=7fNYx4q8Occ&t=169s

>> No.10668385

>>10668244
How much did you pay for your box of orange pis? Be honest now? Taking into account the fact that the rebate in sky declined by almost 90% in value in between when it was issued and received. How much did it cost you?
Why would a supposedly decentralised network need their miners to be whitelisted by a centralised company?

>> No.10668389

>>10665881
its vaporware my man

>> No.10668401

Cos nothing is going to come out of this, synth will run off with your money and you're stuck with worthless bags

>> No.10668419
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10668419

>>10665881
>its seems a brilliant project with huge potential.

top zozzle.

literally every altcoin (that is, "any crypto but the original Bitcoin") has always been a "Hurr Durr brilliant project with Herp Derp huge potential".

>TLDR: gullible people always trust buzzwords. BTW, anything "brilliant" is only meant to take your money. Anything "huge potential" is only meant to scam gullible faggots.

>> No.10668445

>>10668389
>vaporware
In today's cryptocurrency market, a top project by developer activity is described as vaporware. What does this say about all your shitcoins?
Ranked #1 out of selected projects by @jimtalksdata
https://twitter.com/jimtalksdata/status/902333935983751173
Ranked #13 out of 864 for project activity on cryptomiso.
https://www.cryptomiso.com
Ranked #19 out of 2341 by developer score on Coingecko.
https://www.coingecko.com/en?sort_by=developer_score
Check development progress yourself by viewing the Skycoin Github.
https://github.com/skycoin
The Skywire testnet is online and growing, with a node count of 7500 so far.
http://discovery.skycoin.net:8001/#/
Most of your ICOs from last year are failing right now, their price may still be up but the actual teams aren't developing. They are running out of money. That just means more developers for Skycoin.

>> No.10668518

>>10668385
>How much did you pay for your box of orange pis?
People paid ~$700 for a miner.
They also paid most of 1 Bitcoin to support the development of the project, for which they received a rebate in Skycoin.

>declined by almost 90%
Most don't care about the short term dips. Personally, I have Bitcoin that I've held through ups and downs since 2014.

>Why would a supposedly decentralised network need their miners to be whitelisted by a centralised company?
It's not "supposedly decentralized" because it's not even built yet. It's barely two months in to testing. The foundation is still measuring and figuring out real world dynamics for a decentralized internet. You may need to read up on the project more if you think that this stuff is going to pop up overnight.

>> No.10668599

>>10668237
lmao you got scammed plain and simple. 1 BTC for a bunch of raspberries, get SKY in return thats now worth 1/10.
Team recieved hundreds of btc, spent maybe 10% of it on the pi's, gave you SKYbags in exchange. This shit's going to $0.5

>> No.10668625

>>10668518
Yes but the rebate coincidentally declined massively in value from the time it was issued to the time it was received. So in terms of dollar value back people who bought skyminers spent thousands of dollars on them. Why couldn’t they just sell one for a normal amount of money like Holochain are doing with their holoports? Holoports are 200 dollars in fiat. No convoluted btc sky rebate scam needed.

They claim they are building a decentralised internet. Why do miners need to be whitelisted by a centralised authority then? No other decentralised crypto requires this. Don’t tell me ‘they’re still figuring it out’. That’s bullshit. If I want to mine ether or holo I can do so right now with no ‘whitelisting’ needed. Why does sky need to whitelist their miners?

>> No.10668675

>>10668625
T-E-S-T-N-E-T
THEY NEED TO T-E-S-T THE NETWORK
THEY NEED TO KNOW WHO IS RUNNING WHAT BECAUSE THEY ARE T-E-S-T-I-N-G
FUCKING RETARD, USE YOUR THINKMEAT

>> No.10668699
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10668699

>>10668599
They're actually stopping that practice going forward since part of the price dump is people selling their rebates.

Depending on the price over the next few months, I'll probably make ROI in November. My DIY miner will make ROI this month. If I just cashed everything out as I got it, I'm pretty much getting free hardware for participating in the testnet. After launch and the mainnet is live, I'll probably end up with 4x that 1 Bitcoin in mid 2019.

>>10668625

Production lines take time to warm up and the 1 bitcoin price was a means of supporting the project, not a get rich quick scheme. People were more than welcome to build their own while the foundation worked to get their supply chain and manufacturing processes in line.

Holoports are not modular, nor do they provide performance for what they're sold for. Holochain will be a slow hobbyist platform.

Testnet is not bullshit. Data collection is important for defining what kinds of devices should be run and which should not, like weeding out virtual servers and other centralized spoofing methods. Holo can issue infinite tokens because their coin doesn't actually do anything. Skywire is metered and utilizes high performance protocols like MPLS and more complex concepts like a closed loop coinhour economy.

If you don't like investing your time and energy in a thoroughly tested and robust project, you should definitely go buy a holoport from their indiegogo campaign.