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Comment · Wed, May 24, 2017

Ceretropic now accepts multiple cryptocurrencies in addition to Bitcoin!

Original post in this thread

MisterYouAreSoDumb · 5 points

In case you have not noticed, you now have a new option at checkout for Coinpayments. That will allow you to pay for your order with your choice of Ethereum, Monero, Dash, or Litecoin. Bitcoin payments will still go through the normal Coingate integration, but all other cryptocurrencies will be made though Coinpayments.

For Nootropics Depot customers, those same payment options will be available soon as well. We are testing the integration now, and will activate it once we are sure it is properly working and stable.

We look forward to you sending us your newfangled internet money!

What they were answering

garmondbozia · 1 points

What I like about Golem (GNT) is that it is a distributed network for buying CPU processing power. Amazon sells processing power or the use of their “super computers” to do complex calculations that require massive amounts of computation. However, with amazon, there are information asymmetries when it comes to the pricing mechanism and the fact that they exist in an oligopoly type of market place. Conversely, with GNT, there are theoretical advantages in that anybody can sell their processing power which may create a more competitive or perfect market situation. There are e certainly many unknowns still with GNT. For example, is this necessarily a partible technology and as you say, is the fundamentals sound...among other things
It would be interesting to see the amount of sales or business Amazon does in this market. One concern I have is how people will access the GNT market. Will they have to buy tokens to do this and how will they access these tokens in an easy/simple way. As it stands, buying and selling GNT is not exactly a simple task.

Finally, I like GNT’s growth potential. I managed to buy 20,000 GNT at 0.7 USD and it is hovering at around $0.36 today. So my ROI thus far has been pretty decent. The question now remains, do I play the short or long game with this Particular token.

u/MisterYouAreSoDumb

I'll definitely be keeping an eye on it, for sure. I might pick some up. I am just so busy, and keeping up with all these altcoins/exchanges is time-consuming. I don't really trust Poloniex that much, either.

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