[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 183 KB, 2000x1415, 3C80ECAA-0912-428A-BAB1-E0EFB83802A3.jpg [View same] [iqdb] [saucenao] [google]
11302435 No.11302435 [Reply] [Original]

>there are people on here right now that still aren’t heavily invested in Skycoin and yet think they have a chance at making it

https://www.forbes.com/sites/andrewrossow/2018/10/04/trick-or-treat-13-blockchain-companies-by-industry-that-will-have-your-cauldrons-bubbling-for-2019/amp/?__twitter_impression=true

>> No.11302609

>>11302435
>tfw purely in profit with my Skyminer, running since June
feels good

>> No.11302627

>>11302435
>decentraziled
Skycoin fan here, fix your fucking graphic.

>> No.11302630

But I'd have to drop like 10 grand on sky coin to even have the chance of making it...

>> No.11302656

>>11302627
Why, it's pretty decentraziled already. It's one level above decentralized.

>>11302630
Okay. Do it.

>> No.11302669

>>11302435
Hows that consensus algo coming along anon?
Still non-existant?

>> No.11302781

>>11302669
This. You should only buy in after they've finished developing everything and its at a higher marketcap

>> No.11303049

>>11302781
>buy high
Oh, and I know what’s next

>> No.11303070

>>11303049
>buy low then brainiac

>> No.11303118

>>11302669


The last consensus was far beyond anything in crypto. The fact they shelved it for something even better should tell u something.

>> No.11303195
File: 1.94 MB, 400x225, 1358511131110.gif [View same] [iqdb] [saucenao] [google]
11303195

do skytards really exist after getting JUSTed so hard with that kindapping bullshit story?
Holy shit, you morons really are beyond brain dead. I still remember arguing with a Skytard when the "kidnapping" shit happened, telling him it will drop to 5$. It's fucking 3.68$ now, rank 133 on CMC. Jesus fucking christ!
Keep holding and buying, imbeciles. I'm sure this story will have a happy ending.

>> No.11303273

>>11302781
>muh buying opp
You can swing any shitcoins (although after the MARKET MAKER dumped there really is no bottom on this thing, but whatever).
But that's not the point, you're posting these threads like there is some actual future to this project.... which is .... just lol.
>>11303118
>The last consensus was far beyond anything in crypto.
The "last consensus" was withdrawn from publication for serious flaws (the author's words). Making it, by definition, worse than every other consensus algo that is functioning today.

>> No.11303281

>>11302669
Pretty good. Synth talked about it some off the record at BlockChance. They're pretty much just running internal tests for the next year until it's time to deploy after Skywire and other functions that actually use it are completed.

>> No.11303314
File: 143 KB, 900x1200, photo5813375708905449487.jpg [View same] [iqdb] [saucenao] [google]
11303314

>>11303195
I'm sure you did anon.

I'm also sure you see no chance that this kind of artificial price drop won't rebound to where it was after enough time passes.
t. bought at $2.25

>> No.11303323

How much to make it? Are you expecting the market cap of today's BTC or eth's ath?

250 sky is only $1k... I guess it could be worth gambling on it reaching eths ath, as 250 sky is roughly equivalent to 1k eth.

>> No.11303340

>>11303281
Very wise to trust the words of a mythomaniac.

>> No.11303348
File: 130 KB, 1280x960, photo4974728162621630450.jpg [View same] [iqdb] [saucenao] [google]
11303348

>>11303273
>worse than every other consensus algo that is functioning today

Which is fine, no consensus in crypto actually works today. They're all vulnerable to one serious attack or another.

>no future
don't worry your sweet cheeks about that, my grumpy baby boy

>> No.11303361

>>11303195
>>11303273
The fact that you guys come into every Skycoin thread and make up all these crazy stories makes Skycoin look really good to anyone who bothers with due dilligence.

>> No.11303368

Also, I forgot to say, I'm a wagecuck brainlet linkmarine here.

What is the point of a skyminer again? How long till it pays for itself?

Got about $7k.

Wondering if I should buy tiny bags of rlx, sky, dag, and 100k req or just buy 1btc and forget about it.

Currently got around 300k each of jnt and link and around 12m Holo, with like $500 each of florin and hydro.

Req honestly seems like highest moon potential at current prices but I want to have a whole BTC in case we've already passed the bottom.

>> No.11303374

>>11303340
He does talk a lot about myths and conspiracy theories. Makes for good conversation and he really gets in to the realities behind them. Did you know that the man that invented the internet used to work on a project that was training dolphins to kill underwater minesweepers?

>> No.11303406
File: 45 KB, 640x640, 75114f883eb3b0d6b941f3083e4d7.jpg [View same] [iqdb] [saucenao] [google]
11303406

>>11303195
>s-s-skytard!

>> No.11303414

>>11303323
My goal is 5,000 sky. Probably $400 this time next year.
>>11303368
Skyminers are a whitehat botnet. They'll route bandwidth, processing and storage for Skywire.

ROI varies depending on the build and the mining pool and the price. It was about 1.5 months when testnet started, it's probably 6 months until ROI now.

I've stopped caring about other coins. They've all paled in comparison to Skycoin. It took me about three weeks to finish consolidating all my coins to Skycoin.

>> No.11303441

>>11303348
>Which is fine
Lol how is it fine. It was withdrawn for being shit? How is that fine?
>>11303361
>The fact that you guys come into every
Hurrrrr all negative statements are fud no shitcoin could ACTUALLY be a scam, right guys? No one in crypto would ever run a scam.... that's impossible!

>> No.11303444

>>11303368
You should get more Sky and less Holo
Holo is a piece of shit project that pretends to be cryptocurrency, pretends global consensus is a bad thing, pretends to be decentralized. And they give you their bullshit utopian vision. The market is so retarded though, it might pump more, just make damn sure to get out while you're ahead.

>> No.11303459

>>11303441
Almost all your shitcoins are scams.

>> No.11303476

>>11303368
>Also, I forgot to say, I'm a wagecuck brainlet
You also forgot to mention being in shitcoins to post 4chan comments.
>>11303459
>Almost all your shitcoins are scams.
It is refreshing how honest skyscammers are about being scammers. Your devs just laugh in your faces as they dump.

>> No.11303499
File: 185 KB, 1200x1008, antennatweet.jpg [View same] [iqdb] [saucenao] [google]
11303499

>>11303441
It was only withdrawn because they found something better. You might not be aware that "hey guys it's flawed or something" is the easiest way to get a paper quickly pulled from academia.

>could ACTUALLY be a scam
Yeah, they're really putting in the long con by spending countless hours developing software and hardware after 'the exit'.

>> No.11303536

>>11303441
>>11303476
>Hurrrrr all negative statements are fud no shitcoin could ACTUALLY be a scam, right guys? No one in crypto would ever run a scam.... that's impossible!
>It is refreshing how honest skyscammers are about being scammers. Your devs just laugh in your faces as they dump.
Convince me more with your consistent rhetoric.

>> No.11303559
File: 2.72 MB, 2852x2672, IMG_20180921_151245-01.jpg [View same] [iqdb] [saucenao] [google]
11303559

>>11303476
>hahaha, look at these fucking idiots
>we've convinced them that being spied on by the government and corporations is a bad thing
>they're going to be left with antennas on their roofs and individually owned and secured internet access
>they'll never know what hit them
>hahahaha

Bootlickers BTFO

>> No.11303567

>>11303499
>It was only withdrawn because they found something better.
No, dickhead. It was withdrawn for serious technical errors. It says it on the fucking paper.
But actually reading the papers you're talking about is of course too much effort for you fucking pageets lmao

>> No.11303576

>>11303314
>>11303361
>Buying a shitcoin from a psycho who froze his own chink investors' wallets
>Buying the worst performing coin out of the top 100
I shiggy diggy doo

>> No.11303584
File: 747 KB, 1246x706, Screenshot 2018-09-20 at 11.59.39 PM.png [View same] [iqdb] [saucenao] [google]
11303584

>>11303567
Yeah, that's exactly what I said. "guys there's technical errors, pull it please".

You won't be able to tell me what error because it doesn't exist, lol. They're just throwing copycats off the trail.

>> No.11303597

>>11303567
>pageets lmao
Does not say so on the paper, it says so on the website that archives the paper. Besides, solving a technical error would equate to finding something better dumbshit.

>> No.11303611

>>11303576
...he said, while anxiously staking his COLX

>> No.11303612
File: 1.86 MB, 1280x720, asmrminer.webm [View same] [iqdb] [saucenao] [google]
11303612

>>11303576
>frozen wallets
According to the marketing team.
>worst performing
Due to the Binance competition, marketing team dump, kidnapping, and coordinated fud attack. Sounds like a pretty good sale to me.

>> No.11303625

>>11303584
>>11303597
>This paper has been withdrawn by the author due to a crucial theoretic defect
https://arxiv.org/abs/1501.06238
There.
Now, back you go. Back into the Ganges. Shoo shoo!

>> No.11303649

>>11303576
>being so sheltered as to refuse to believe that the kidnapping and what led up to it actually happened.
Skycoin is actually ranked the same now as it was in late March of this year.

>> No.11303653
File: 119 KB, 548x1266, 1537195363532.jpg [View same] [iqdb] [saucenao] [google]
11303653

>>11303625
>This paper has been withdrawn by the author due to a crucial theoretic defect
Yeah, that's exactly what I said "guys, there's a theoretical defect that I won't get in to, please disclaim the paper and pull it from other websites please"

Standard operating procedure in a space full of copycats. There's nothing wrong with that consensus method, it just has some of the crucial theoretical defects that all other consensus methods have.

>> No.11303686

>>11303653
lol

>> No.11303693

>>11303625
> it says so on the website that archives the paper.
>https://arxiv.org/abs/1501.06238
As i said, it says so on the website that archives the paper, not on the paper, illiterate. Nice id color btw.

>> No.11303719
File: 93 KB, 362x762, ZLfs6jIrZTLa3-FqutNon2v_9vIfB7YKw5rXjVVvXCo.jpg [View same] [iqdb] [saucenao] [google]
11303719

>>11303649
>>11303612
I was actually there when they posted the chink marketing team's testimony on twitter and helped translate it.
They basically kidnapped synth and his wife because he took 10million yuan (~1.5 million dollars) from a group of some 12 chinks as an (((investment))) and literally froze their wallets so they wouldn't sell when it pumped on binance.

There are literally tens of screenshots going around of this faggot speculating on the prices and coordinating pnds

I'm sure you know all of this too, I'm just warning whatever newfags might be lurking in this thread.

>> No.11303753

>>11303719
Here's what actually happened. They employed a market maker, then tried to screw them out of payment.
So they dumped.

>> No.11303764

>>11303611
What is COLX anyway? Sounds like an anatomical part of your ass.

>> No.11303801

>>11303719
>source: the marketing team guys currently in jail
Yeah, that's really wild stuff anon. A founder talking about the price of his coin.

>>11303753
>source: the marketing team guys currently in jail
Huh, I wonder why they're in jail and not Synth.

>> No.11303843

>>11303801
Actually the source is common sense. No legit chart looks like that, even during a crash. Try to find one.
Add it to the hilarious "kidnapping" and it's very clear what happened.

>> No.11303874

>>11303719
>>11303753
>pic related dates after the kidnapping, Just look it up yourself in the telegram.
You cant seem to get your FUD stories straight. What actually happened is that the chink marketing team Skycoin employed had been embezzling funds that were supposed to go to operations. They also were selling Skycoin to investors on the side, and were holding onto their coins for them because alot of chink investors are actually that fucking stupid. They got caught when they were dumping on Binance during the competition and when their wallets were frozen, the investors were pissed, but the chinks blamed it on Synth and they paid him a visit. Afterwards one of the investors involved wrote a public blog, your "testimony", which is legally inadvisable by the way. Of course they didn't want to be convicted so they tried to make it sound like Synth was the bad guy, even though they literally admitted to being present at the crime scene. They were arrested and are currently incarcerated.

>> No.11303882

>>11303843
Actually is pretty consistent with other Binance trading competitions.
Then a further dump due to:
>marketing team had been skimming coins off the top of transactions for months
>had access to their own wallet full of coins
>had fake buyers with coins

Definitely common sense.

>> No.11303905

>>11303882
Actually it's not. Show me another chart that's as fucked up as sky's and I'll show you devs that exit scammed. IDK why the sky fags are even still around, I guess they scammed some gangsters by accident or something

>> No.11303922

The greatest FUD the devil every did was convince the world that Skycoin was a scam...

>> No.11303931

>>11303922
>a hurrr durrr

>> No.11303933
File: 136 KB, 357x756, Jul25.jpg [View same] [iqdb] [saucenao] [google]
11303933

>>11303719
>trying to misrepresent pic related as relevant to the kidnapping and market selling.
Pic related is from Jul 25, more than one month after the kidnapping occured.

>> No.11303957
File: 239 KB, 2320x1202, Screen Shot 2018-10-05 at 10.24.13 AM.jpg [View same] [iqdb] [saucenao] [google]
11303957

>>11303905
Sure, here's nano's Binance competition and aftermath, lol.

>> No.11303972

>>11303957
The sky scam is a million times worse. Post a year of sky prices.

>> No.11303973
File: 237 KB, 2310x1282, Screen Shot 2018-10-05 at 10.26.46 AM.jpg [View same] [iqdb] [saucenao] [google]
11303973

>>11303957
vs Skycoin

>> No.11304003

>>11303973
Post the full year. Circle the volume where the devs dumped.

>> No.11304019
File: 289 KB, 2314x1264, Screen Shot 2018-10-05 at 10.28.45 AM.jpg [View same] [iqdb] [saucenao] [google]
11304019

>>11304003
Sure. Look at that 30% YoY. Where's your feverdream developer dumping?

>> No.11304034

>>11304019
Turn off log scale. Then you'll see the dump lmao you fucking brainlet.

>> No.11304070
File: 32 KB, 727x429, Sky3mo.jpg [View same] [iqdb] [saucenao] [google]
11304070

>>11303905
>devs that exit scammed
The kidnapping happened back in mid June. In the last 3 months Skycoin has made only 292 commits to its main repo, but even then, this places Skycoin at #36. Skycoin has been consistently at the top of the industry in development activity.
https://www.cryptomiso.com/months_3.html

>> No.11304083
File: 257 KB, 2286x1272, Screen Shot 2018-10-05 at 10.34.55 AM.jpg [View same] [iqdb] [saucenao] [google]
11304083

>>11304034
Really? You look at long term data in linear? Yikes.

Spikes during testnet release and the Binance competition, meshing with everything I've said so far.

>> No.11304106

>>11304083
Oh so you see the dump now, that you weren't able to see 3 posts ago? Kek. At least you're learning something.

>> No.11304140

>>11304106
I was trying to help you find a dev dump, silly, all we found was a Binance competition/marketing team dump and a testnet price spike dump.

Show me on the charts where the devs touched you, anon.

>> No.11304141

>>11303070
>wait until everything is finalized and the masses bought in
>buy low
It’s low now you unbelievable brainlet

>> No.11304177

>>11304106
>devs dumped
There was dumping from the chink marketing team who were probably paid by the same scam shitcoin project as you are to sabotage Skycoin. But too bad for you, the project is going strong and it doesn't take alot of research to prove it.

>> No.11304276

>>11303195

If you are a Skytard you are literally retarded at this point. The only ones actually shilling it on here are Synth himself and his army of pajeets. This has been exposed as the biggest, most obvious scam in all of crypto--we're talking Scientology levels of scamming here--that promises to defy fundamental laws of physics. If you buy Sky at this point, you are the greater fool.

>> No.11304388

>>11303444

Yes, buy Sky, goy. SKY offers:

>An obviously bullshit robbery story that was debunked by police, which the devs used as an excuse to dump their own bags before it crashed further
>The leadership of a boomer named "Synth" who refuses to tell you anything about technical aspects of any part of what they're doin because he can't do the technical stuff.
>A horribly manipulated GitHub to create the illusion of development when none is actually being done.
>A scammy price of 1 BTC for their "Skyminers" which could be built for a few hundred bucks. But don't worry, they'll give your valuable BTC back in the form of worthless Sky, goy.
>Originally promised bag holders they could just use ISP infrastructure with their network without paying the ISPs for it.
>That lie evolved to a fantasy about "Skynet" involving buying a satellite and running fiberoptic cable across the oceans (projects that would cost hundreds of billions of dollars) and then using little, worthless "mesh net" receivers to create a global mesh net to replace the internet .
>Paid pajeet shills on here daily to create the illusion of credibility and volume

It's a fucking scam! It's fucking obvious!

At least Holo has something that works in an Alpha release, the devs don't even talk about the price or shill it, and it has active, grassroots developers.

>> No.11304415

>>11303499

If you can look at that arts and crafts project and come away thinking it works, there is no hope for you, pajeet. That looks like something my aunt would glue together with some supplies from Hobby Lobby.

>but they got a picture of something with a belt and metal parts so there's millions being spent on development

>> No.11304468
File: 26 KB, 325x243, 1494814430892.jpg [View same] [iqdb] [saucenao] [google]
11304468

>>11303559

KEK!!!! KEKEKEKEKEKEKEKE!!!!! Painted legos. Their plastic sky coin is resting on a bunch of painted legos! And they think this makes them look legit. KEK!

>> No.11304519
File: 10 KB, 225x225, 1533747975233.jpg [View same] [iqdb] [saucenao] [google]
11304519

>>11304276
>it's a scam because I said so, nevermind that fud is geting btfo in this thread
lol k

>> No.11304545
File: 1.39 MB, 1600x1600, skywire-antenna.png [View same] [iqdb] [saucenao] [google]
11304545

>>11304415
Pretty cool, isn't it? It's designed to be modular and is serviceable with commonly used parts.

You probably really could piece something functionally comparable at a craft store with the right specifications. Yagi antennas are incredibly cheap and simple to make with wire and basic materials.

>> No.11304573

>>11304388
>Unironically shills holo in this thread
>An obviously bullshit robbery story that was debunked by police, which the devs used as an excuse to dump their own bags before it crashed further
"Debunked" by blog post by the perpetrators. Skycoin posted a photo of the police report.
>The leadership of a boomer named "Synth" who refuses to tell you anything about technical aspects of any part of what they're doin because he can't do the technical stuff.
Synth has written extensively about the technical stuff, read it here: https://www.skycoin.net/blog/
>A horribly manipulated GitHub to create the illusion of development when none is actually being done.
And horribly manipulated reality, having released multiple updates including an all-new mobile wallet.
>A scammy price of 1 BTC for their "Skyminers" which could be built for a few hundred bucks. But don't worry, they'll give your valuable BTC back in the form of worthless Sky, goy.
Skyminers can indeed be built for a few hundred bucks. Not only does Skycoin foundation gain zero when you build a DIY miner, they provide software downloads, tech support, and the opportunity to participate and earn Skycoin on the testnet.
>Originally promised bag holders they could just use ISP infrastructure with their network without paying the ISPs for it.
Originally, the Skywire deployment plan was to take place over many years. It is a community driven process, not some fake project that promises to do everything for you. This original plan remains unchanged.

>> No.11304589

>>11304388
>That lie evolved to a fantasy about "Skynet" involving buying a satellite and running fiberoptic cable across the oceans (projects that would cost hundreds of billions of dollars) and then using little, worthless "mesh net" receivers to create a global mesh net to replace the internet .
Fiberoptic cables are the only viable technology at this moment. No satellites were ever planned because cubesats only last for 1 year and cost way too much to launch. There is alot of excess fiberoptic capacity in the current infrastructure. The Internet uses some of this, but other applications, other networks use the same fiber. (You) will have the opportunity to rent this infrastructure from backhaul providers WHEN it becomes economically viable to do so. The difference between fantasy and reality really shows when a project insists on the community to do their part instead of pretending everything will happen automatically like these faggot moonbois seem to believe.
>Paid pajeet shills on here daily to create the illusion of credibility and volume
Every Skycoin thread is infested by pajeet FUD, and this is obvious to anyone who reads through the thread.

>> No.11304626
File: 157 KB, 1280x960, photo6024051839118454044.jpg [View same] [iqdb] [saucenao] [google]
11304626

>>11304468
Wait, you don't know they make metal legos? They're pretty cool.

Better yet, the metal Skycoins are pretty nice.

>> No.11304875

>>11304388
>fud actually BTFO, unlike obvious scams I have seen before
I've actually read a few of Arthur Brock's scammy shill articles before. About how agent-centric consensus is a new paradigm. Thing is, consensus is something that exists regardless of whether or not there is a consensus algorithm. Consensus is something that is developed within the minds of participants. a consensus algorithm is only there to guide the people. Holo's scam is that they don't provide this and expect each holochain to do all the heavy lifting. Also Holo will depend on centralized "reserve accounts" under the control of crypto exchanges to handle their monetary policy. Holochain's modus operandi is to avoid taking responsibility for the difficult problems, and rely on other parties to do it for them, and in doing so they ultimately push all dangers and costs onto the end user. Holo shills never respond to this criticism, instead, they just start up a new thread.

>> No.11304899
File: 1.59 MB, 1280x720, bioholo.webm [View same] [iqdb] [saucenao] [google]
11304899

>>11304875
I wouldn't try to explain holochain to holo holders, their overseers can't even explain it to them.

>> No.11305034

>>11302435
serious question, how will they build a new infrastructure if they are just using the network of the current isps? Which could block them any minute?

>> No.11305045
File: 659 KB, 2452x1968, biomimetic_production.jpg [View same] [iqdb] [saucenao] [google]
11305045

>>11304899
>They are already familiar with patterns of how an organism takes in resources and then lets out...
Biomimesis is one thing they got figured out. Kek.

>> No.11305125

>>11302435
Skycoin is a scam and is the most centralized garbage in crypto
>you can't run a node
>you can only validate through the CEO's node meaning he can change the ledger at any time
>CEO mints all of the coins at his whim
>CEO dumped all of his coins at the ATH claiming that he was "kidnapped" when there is no proof and he was back doing his usual interviews days later
>CEO got caught in insider trading scam and said it was all just a joke
>CEO sells hardware at 80x markup for personal profit to connect to the permissioned centralized network
>8 supposed years of development and no way to control your own funds or run a node
>CEO publicly talks about price and gains endlessly

>> No.11305146

>>11305034
They're only using the legacy internet at the start. The antennas posted earlier in the thread will help to form a mesh network.

Rather than paying $70/mo to an ISP, you can invest in a few hundred in antennas and Skyminer nodes and either be making money for operating the network, or break even against your own use, or pay for metered access at lower rates.

>> No.11305156

>>11304573
>wallet that connects to their centralized DB
>debunk was real and the faggot ruined the project
>sells all of the hardware at a profit and there is no auditable or democratic use of the funds, you are just lining this Nigerian scammers pockets

>> No.11305157

>>11305034
At first, we need to use existing ISP connections. Communication will be tunneled in MPLS, just like a VPN. This protocol is not only used by regular customers, it is used by businesses all over the world. ISPs are not able to indiscriminately block such traffic because they would be liable for great economic harm. The network will of course continue to develop from there, with Skyminers being established in colos under an entrepreneur's LLC ownership to provide exit node services. These will get alot of traffic, which means they earn more Skycoin. As traffic increases, so does the economic incentive to invest in infrastructure.

>> No.11305167

>>11305146
They won't because a single figure selling hardware for the permissioned internet is literally worse then the existing infrastructure.

>> No.11305186
File: 1.28 MB, 1646x1223, hmm.jpg [View same] [iqdb] [saucenao] [google]
11305186

>>11305125
Why add consensus yet before Skywire and other parts are done? There's a logical order here that daytrader brainlets may not be able to grasp.

>> No.11305196

>>11302435
Skycoin is a scam and is the most centralized garbage in crypto
>you can't run a node
>you can only validate through the CEO's node meaning he can change the ledger at any time
>CEO mints all of the coins at his whim
>CEO dumped all of his coins at the ATH claiming that he was "kidnapped" when there is no proof and he was back doing his usual interviews days later
>CEO got caught in insider trading scam and said it was all just a joke
>CEO sells hardware at 80x markup for personal profit to connect to the permissioned centralized network
>8 supposed years of development and no way to control your own funds or run a node
>CEO publicly talks about price and gains endlessly

>> No.11305252

>>11305196
lol, you're copying the wrong block of text, shill

See
>>11305186

>> No.11305270

>>11305186
Actually you stupid faggot I am a blockchain dev and you are talking about layers that go above consensus and the only reason you wouldn't create a fair currency first is if you are a fucking scam. Skycoin is a fucking scam.

Everything they are building is literally unrelated to the consensus and are are services that don't have to be built on the base protocol at all (and they aren't)

>> No.11305294

>>11305167
That's why you can build DIY hardware and the software is hardware agnostic. They don't care what you run it on if it works.

>> No.11305306

>>11305186
That copy pasta is fucking retarded because you faggots are literally building the left, all l2 with no legs at all.

Consensus l1
Other bullshit that relies on payments on l1 = l2

You have only worked on l2

>> No.11305332

>>11305294
>permissioned by same centralized party that controls all of the funds and manufacturing

what could go wrong there, oh wait it already has, there hundreds in the backlog and they market sold the price from $40 to $8 in one day.

Fuck you low IQ faggots I will do this all day

>> No.11305342

>>11305270
hahahahah, yes, I'm sure you're a very important blockchain dev

You know that Skycoin is more than a blockchain, right? Currency doesn't have a real use until Skywire is done. Thus, development is easier using a central node set until Obelisk is ready for release.

>> No.11305360

>>11305186
I am still laughing that you posted that image when you are literally all l2 solutions and don't even have a base protocol

How fucking retarded do you have to be. Also looking at the git you faggots mostly update documentation and hardly push code. If the project is so old how come there is only tiny bits of copy and paste VPN code leaked out in the last year?

>> No.11305374

>>11305332
Mainnet is not permissioned. You're confusing that with the anti pajeet measure in the testnet.

That's fine though. I think you're fun to debate.

>> No.11305381

>>11305342
Ok then why sell the tokens now in such an unethical centralized way, why not add a financial aspect after you have a product? Or you could do what every other successful project does and release a fair token and then deliver product with the funds that you take. This has all of the components of a scam.

>to market dump like they did

>> No.11305396

>>11305306
lol, you look so tiny from up here, I bet you're not even 6'

>> No.11305452

>>11305381
>fair
>ethical
I don't think you understand why you're using those words.

You're simply upset that it's not Bitcoin right this moment. All other consensus methods out there have serious flaws. It's unethical and unfair to pretend they're not and that coins should push flawed consensus out the door.

Skycoin will do so when it's ready. It will continue to focus on Skywire in the present.

>> No.11305505
File: 2.78 MB, 1136x2198, SkycoinPoliceReport.png [View same] [iqdb] [saucenao] [google]
11305505

>>11305125
>you can't run a node
A node can mean many things, a blockchain node, a Skywire node, or a consensus node. So far you can run 2 of the 3, and our consensus nodes will have virtually no barrier to entry.
>you can only validate through the CEO's node meaning he can change the ledger at any time
Skycoin has secure masternodes with redundancy for validating blocks while Obelisk is under development. The ledger is distributed among all the blockchain nodes on the network. Every wallet contains its own blockchain node, which is why you need to synchronize your wallet before you see your balance.
>CEO mints all of the coins at his whim
Skycoin cannot emit any more coins, 100 million coins were emitted at the genesis block. Read this 3rd party analysis of the distribution scheme. https://christianott.co/skycoin_distribution_en/
>CEO dumped all of his coins at the ATH claiming that he was "kidnapped" when there is no proof and he was back doing his usual interviews days later
Skycoin released a police report: pic related
>CEO got caught in insider trading scam and said it was all just a joke
Funny joke. The industry is rife with insider trading. And he recorded a voice message joking about it, posting it for all to see.
>CEO sells hardware at 80x markup for personal profit to connect to the permissioned centralized network
Skywire network is permissioned during the testnet phase only.
>8 supposed years of development and no way to control your own funds or run a node
You control your own funds by keeping your private key safe. You run a node in your wallet, just like any other full node wallet.
>CEO publicly talks about price and gains endlessly
Synth is founder, not CEO, and he talks about lots of shit endlessly.

>> No.11305520

>>11305156
>wallet that connects to their centralized DB
The wallet connects to peers and the blockchain is distributed. Transactions must be validated by the validator nodes that are temporarily centralized. Same as any project that is building its own consensus algorithm. POW and POS have well known limitations that are holding back cryptocurrency (scalability and centralization)
>debunk was real and the faggot ruined the project
big if true
>sells all of the hardware at a profit and there is no auditable or democratic use of the funds, you are just lining this Nigerian scammers pockets
Hardware sales go to the Skycoin foundation, a self owned entity(No human owner, no shareholders). Skycoin's funds go towards development. Skycoin foundation has very deep pockets, but doesn't spend money frivolously unlike all these scam ICOs these days. If you don't want to buy the official hardware you are welcome to DIY.

>> No.11305619
File: 71 KB, 640x484, photo_2018-06-29_16-27-31.jpg [View same] [iqdb] [saucenao] [google]
11305619

>>11305196
>insider trading

>> No.11305720

>>11305520
Right so where can we see how these funds are handled? Who OKs current spending?

>>11305505
Oh ok where are the current case details? Why not release enough info for someone to inquire about it? Anyone can spoof a form. There is no real proof or proof that the "kidnappers" were prosecuted.

>distribution is fucked and all that it says is the CEO controls the funds and it gets passed to an anonymous board (too easy to spoof)

>> No.11305728

>>11305505
Also just so you know how the wallet works is that you receive your copy of the ledger from their single copy of the ledger and they can change it any time because there is no enforcement through a consensus protocol. Literally the whole reason that crypto exists and caught on.

This is worse then existing systems.

>> No.11305978

>>11305720
>transparency of funds
I believe funds from hardware sales go toward hardware development. Senior team members including Synth and Steve conduct allocation of funds. As for transparency, I really don't have an answer for you. Maybe it's reasonable to provide transparency in the case of hardware sales, but Skycoin long predates the 2017 ICO frenzy that involved a great number of fly-by-night scam ICOs and led to this atmosphere of desperate greed and mistrust.
>case details
There is a case number at the upper left of the form that you can use to make an inquiry.
>master ledger copy
No. The ledger is distributed. This means that you connect to peers and collect each block from one another to form the chain. If they change the blocks, it will cause a hard fork, and everyone on the network will notice that something is wrong. This has never happened. Freezing of the wallet that occured during the kidnapping fiasco was done by use of a tool that was created specifically for permissioned blockchains on Skyledger. It is a valuable tool for such blockchains, but will not be possible to use on Skycoin once the consensus algorithm is operational. Also, the activation of this tool is transparent to the network. The action was taken in defense of the Skycoin project, and if you disagree with it's usage, you are welcome to decide not to buy or own Skycoin. Just don't make up lies about it.

>> No.11305998
File: 405 KB, 407x606, image.png [View same] [iqdb] [saucenao] [google]
11305998

somebody needs to pump skycoin again so i can start shilling to my normie friends again. the last person i showed skycoin to laughed in my face when he saw the coinmarketcap chart.

>> No.11306015

>>11305728
That's not what the whitepaper outlines.

You don't seem to be able to differentiate between a beta product with features yet to be implemented and the final product.

>> No.11306031

>>11305998
Bear market is in progress. Skycoin's floor is probably still a few months away from purging daytrading normies and other negative influences.

>> No.11306173
File: 69 KB, 940x545, 1519760260328.jpg [View same] [iqdb] [saucenao] [google]
11306173

>>11306031
i bought more SKY at 52k :(

>> No.11306217
File: 176 KB, 900x1200, DmJzm8HW0AA3OQ3.jpg [View same] [iqdb] [saucenao] [google]
11306217

>>11306173
Nice, it's up to 57k sats today.

>> No.11306399
File: 176 KB, 1280x931, IMG_20180923_151712.jpg [View same] [iqdb] [saucenao] [google]
11306399

>>11305045
lmao, how did I miss this reply
holo is a literal shitcoin as stated by their own propagandist

>> No.11306904

>>11306217
ooh, even more now

shame that I was considering buying the other day and didn't go for it

>> No.11307064
File: 25 KB, 766x258, Screen Shot 2018-10-05 at 3.09.46 PM.jpg [View same] [iqdb] [saucenao] [google]
11307064

>>11306904
Forgot image like a silly billy.

>> No.11308276

Skycoin is the next Bitcoin

>> No.11308451

>>11302435
>there are people on here right now that still think this isn't the chinkiest of all scams

>> No.11308490

May enter when it drops to $2

>> No.11308521

>>11303414
hi synth. only you say "botnet." kill yourself, scammer.

>> No.11309705

>>11308521
I've seen people use this phrase. Whitehat botnet is pretty accurate and I don't think I've even heard Synth use it.

>> No.11309889

>>11303195
the kidnapping was real but that doesnt excuse other flaws

>> No.11310700

>>11304141
Right now when it's low and the project isn't working, it's riskier.

>> No.11310872

>>11309889
You sound desperate