There’s an excellent Alice in Wonderland quote I could put here but I used it recently, sorry!
I bought some Bitcoin and Litecoin short term on the credit card last year. Ended up losing about $50.
Well, I would pay it off next paycheck, I just don’t have any cash currently, as i spent it this morning at $90. So I wouldn’t go too crazy (I get 3 paychecks this month and budget off of the normal 2).
nice to see almost everything in the top 20 in the green. looking at you zcash.
Just some advice, greedyness is a bad advisor …
We might break down even more. But, who cares? These are some really good black friday crypto sales. I’m mining for over a year now. Payed off the investment in January. Electricity is killing me but I have hope, and I’m actually laughing at prices how volatile they are. All in all, I’m glad how crypto world is progressing so far. Nobody would expect this 3 years ago.
Only problem are the people that went in on BTC when it was almost $20k and then talking trash about crypto.
Merits of the voting choices aside, this is not a secure way to do stake-weighted voting, because it does not prevent double voting.
1 Like
Checking balance of those addresses after voting is finished would determine what % of the vote it makes.
Example:
If Total Zcash supply was 5 million coins, and I had 5000 Zcash. and casted a vote, my vote would make 0.001% of all possible votes. My vote wouldnt count right away, but after voting is finished, each address from which vote were cast are checked for the balance to determine the % of the vote.
Also if only 2.5 Million Zcash voted, my vote would make 0.002% of total votes that participated.
Its silly to even recommend counting the votes before voting is over, as people would be able to transfer Zcash to another address and vote again.
we need someone from dev team to announce real choices we have.
Not sure if it would work like this. The first problem is that a non voter share shouldn’t be shifted towards a voters share. Means a non voted stake is just that, a none voted one and should be counted as such.
If i remember right there are better mechanisms and designs on how to make a voting with wallets/stakes that exclude the double voting and other bad practices…
One of the possible options is an airdrop at an exactly fixed time. For example exactly on 1.Dec 2018 1.00AM all wallets receive an airdrop of, let’s just say, 1 ZECv (ZECvote) as a 1:1 of the wallet balence at this time and these are used/sent for voting in a given time period.
This method would be as well absolutly transparent as the dropping wallet and amount is known and the result wallets as well. Just as an example how it could be done if there is intention to do it.
There are other methods and designs how it could be done of course as well, just mentioning the above example as i tried it once on a project i had a share and the above example for sure works like intended.
Well there are many methods, all of which would express the will of community better than its been done now.
Designing a stake-weighted voting system is certainly off-topic here. There are two GitHub tickets proposing possible protocols for that: Voting based on proof-of-stake · Issue #1112 · zcash/zcash · GitHub and ZIP: publicly verifiable anonymous voting on the Zcash blockchain (with minimal protocol changes) · Issue #359 · zcash/zips · GitHub
Whether stake-weighted voting as an input to protocol governance is a good idea or not also seems off-topic for this thread, which is supposed to be about price speculation. It would be a fine topic for another forum thread.
4 Likes
That is some good advice - I let my emotions get the best of me. I’ll just stick to my original plan of accumulation. (Plus the odds of $50 seem pretty low).
1 Like
aaaaand we’re getting hit hard again. one thing that does suck is the BCH people probably have large zcash holdings. almost wonder if we’re specifically getting caught-up in the BCH garbagecoin war.
mine ZEC—dump ZEC—buy BCH
they probably need to pump BCH just to stabilize their market since it has no real future.
3 Likes
dash + 4% ~ $100m volume
zcash - 6.6% ~ $125m volume
monero - 2.6% ~ $25m volume
(XMR’s dying a slow death)
I was asking myself the same, a lot of players in that idiotic war are also in Zcash.
1 Like
Bakkt delays futures launch…is there going to be somekind of ‘remarkable’ pump this year? Personally doubt it…
good chance BCH idiocy is also holding-up new coinbase listings. after reading all the negative comments on r /cryptocurrency getting more convinced BCH has no future. both sides will lose longterm. their coin just isn’t that interesting.
1 Like
1 Like
Yeah that was expected, they were supporting Bitcoin Cash against Bitcoin as well.