Spot an Opportunity to Promote Nu? Post a Link in Here!

[crypto_coiner]

Interesting. Would you have any sources?

[cryptog]

As a starter:

• http://www.wired.com/2011/11/mf_bitcoin/
• http://hightechforum.org/bitcoins-a-crypto-geek-ponzi-scheme/

[masterOfDisaster]

Bitcoin was a ponzi scheme in 2011-2012 and 2013…

Was?
You could claim that Bitcoin is a ponzi scheme.
If miners can’t sell 3,600 per day (6 block/h * 24 h * 25 BTC/block) the price drops until all collapses.
Bitcoin is (financially) only sustainable if fresh money enters the scene and creates BTC demand day after day.
Sounds strange, I know.
Feel free to invalidate that claim if you will.
But better don’t tell the rest of the crypto world - it might be perceived as an attack on a quasi religious belief…

[cryptog]

I understand your point but don’t we have something similar with NuBits in the sense that we need to have constantly some liquidity providers to guarantee a peg?

[zoro]

in this sense, ponzi is every digital coin out there. moreover the whole economic world model can be perceived as a major global ponzi scheme
(a matter of perception)

[cryptog]

moreover the whole economic world model can be perceived as a major global ponzi scheme

exactly.

[Sentinelrv]

Just saw this comment about B&C under the Cryptsy thread on r/cryptocurrency…

Cryptsy under investigation by federal government, 300 pages of allegations...

[crypto_coiner]

Just spotted this comment on the rebit article: https://medium.com/@uploada/very-good-post-3422f3c11f0a

[crypto_coiner]

https://talk.vanillacoin.net/topic/149/nubits-nushares-on-the-vanillacoin-block-chain

[crypto_coiner]

Erik Voorhees mentions Nubits:

Some coins have different attributes than Bitcoin (ie privacy in Monero or stability in Nubits)

https://www.reddit.com/r/Bitcoin/comments/3o6irs/what_is_the_point_of_altcoin_existence/cvuhoy1

[crypto_coiner]

BCDEX comment is much downvoted:
https://www.reddit.com/r/Bitcoin/comments/3o6irs/what_is_the_point_of_altcoin_existence/cvuiea5

[crypto_coiner]

On Linkedin Pulse: https://www.linkedin.com/pulse/nubits-better-fiat-synthetic-currency-julien-hamonic
(“Nubits is better fiat, synthetic fiat currency”)
The comments are very positive.

[Sentinelrv]

Nice article and love the positive reply.

Synthetic fiat is an interesting label for NuBits. Another is the one Sunny King recently termed, cryptofiat.

[crypto_coiner]

P Carl Mullan has a great number of followers on Twitter
This: https://mobile.twitter.com/pcarlmullan/status/652907220322123776

https://mobile.twitter.com/pcarlmullan/status/652907018995564545

[Sentinelrv]

It seems he liked the informative reply to his comment, so that means he read it and got the links to the history and information on our current status.

[desrever]

fancy getting downvoted? try here https://www.reddit.com/r/Bitcoin/comments/3ohq8i/if_the_price_of_bitcoin_is_always_changing_then/

[crypto_coiner]

Bitcoiners want stability but not now – i guess when it might wishfully have reached a couple of grands per BTC.

BTW, to which extent is this true or false?

If the price of Bitcoin is always changing, then how do you set a Bitcoin price...

[cryptog]

Question from an outsider trying to stay in the loop. What is the trajectory of...

[desrever]

In the comments of -> https://www.youtube.com/watch?v=NtPpnG48Dxw
(pointless to comment in the reddit thread in r/Bitcoin)

[crypto_coiner]

No NuBits in this Fintech landscape summary-- any plausible and reasonable reasonable?
Interesting and intriguing.

http://startupmanagement.org/2015/10/22/the-global-landscape-of-blockchain-companies-in-financial-services/