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    Friday, November 24, 2017

    Crypto Currency Markets Kaspersky Labs discovers new Trojan stealing US$140,000 in Bitcoin.

    Crypto Currency Markets Kaspersky Labs discovers new Trojan stealing US$140,000 in Bitcoin.


    Kaspersky Labs discovers new Trojan stealing US$140,000 in Bitcoin.

    Posted: 24 Nov 2017 11:24 AM PST

    Bittrex Updates Order Placement Policies

    Posted: 24 Nov 2017 04:43 PM PST

    New Bittrex Order Updates!

    Posted: 24 Nov 2017 08:45 PM PST

    So I created a Crypto Index Fund of 35 Cryptos and I'm holding for 1 Year - A Case Study

    Posted: 24 Nov 2017 08:12 AM PST

    I've decided to document my journey with an experiment in crypto investing that involves creating a Crypto Index Fund of sorts.

    With a nod and hat tip to Brett McLain (http://blog.mclain.ca/31-crypto-currencies-week-1/) who was the inspiration for this experiment, as he enters week 14 of his own.

    Where my experiment differs is in the number of cryptos selected, as well as the style of selection. Brett went with the Top 30 (actually he used 31 in the end) by Market Cap.

    For my experiment, I shall be selecting 35 cryptos that I've hand selected.

    First, let's get the rules set.

    The Rules

    • 35 cryptocurrencies.
    • $350 total.
    • $10 of each, exactly. So coins like Bitcoin that are worth considerably more than $10, will be piece bought.
    • All bought on same day. Price paid is whatever price they were going for that day.
    • Weekly update, with analysis of how things are going.
    • Similar to the other $10 in x cryptos experiments, only this is my 35 specially chosen cryptos, not the top 35 by market cap.
    • Mix of established coins, along with some very new projects and hedges against other projects (for example, BTC & BCH).
    • All cryptos were bought on Tuesday 21st November.
    • No more buying after the first day.
    • No rebalancing or selling.
    • Holding for 1 year.

    Why Am I Doing This Experiment?

    Primarily, this is a thought experiment for me. It's also a method that I hope proves whether a diversified portfolio is more effective in the long run than holding a single (or few) cryptos.

    I have longterm holds in a numbers of coins over a long period of time. This small-scale thought experiment is separate to that.

    And why do I think an "crypto index fund" is such a good idea? This:

    https://imgur.com/aIxx3zu

    That's a picture of the whole crypto market cap over the last year. It's rising constantly (especially in the last few months), and is only set to grow more (and more rapidly).

    So an index fund that tracks a large segment of the market should be a really good thing. My profit will rise as the overall crypto market cap rises. That's what this experiment is all about.

    And if it isn't a good thing, we will see.

    The Cryptos

    Here are the cryptocurrencies I selected (listed by price):

    Foo Bar
    Bitcoin (BTC)
    Bitcoin Cash (BCH)
    Dash (DASH)
    Ethereum (ETH)
    Zcash (ZEC)
    Monero (XMR)
    Litecoin (LTC)
    NEO (NEO)
    Gas (GAS)
    Qtum (QTUM)
    Lisk (LSK)
    OmiseGO (OMG)
    Waves (WAVES)
    Walton (WTC)
    Metal (MTL)
    Vertcoin (VTC)
    Salt (SALT)
    Metaverse ETP (ETP)
    Neblio (NEBL)
    Ark (ARK)
    Komodo (KMD)
    EOS (EOS)
    Modum (MOD)
    AdEx (ADX)
    Kyber Network (KNC)
    PowerLedger (POWR)
    iExec RLC (RLC)
    Civic (CVC)
    Obsidian (ODN)
    Rise (RISE)
    VeChain (VEN)
    Ripple (XRP)
    Chainlink (LINK)
    Ripio (RCN)
    Request Network (REQ)

    A lot of research and thought went into selecting these 35. I don't want to get into too much detail about why I chose individual cryptos (although that might come later).

    First, I will answer the two most macro of questions first:

    • Why 35?

    This is pretty simple. I wanted a large enough amount that would justify an "index fund" without being unwieldy. As this isn't a traditional index fund, it would be ridiculously complex to buy 100s of cryptos individually and then be able to store them somewhere.

    I think 35 is a good number that allows for diversification and balance, without being too complex and unwieldly.

    • Why these cryptos?

    Whether all of these 35 cryptos will turn out to be successful (and I define success as giving me at least a 1.5x ROI in a year), will be an interesting part of the experiment.

    I chose these 35 for specific reasons individually and I made sure to choose a number of project types - straight up currencies, platforms, dApps, protocols, etc.

    In this index fund, there will be small total supply coins, large total supply coins, large market cap coins, small market cap coins, old projects, new projects and everything in between.

    But all of them are good projects, I believe. Time will tell and I invite questions and discussion about the cryptos themselves in the comments.

    Based on their Market Cap rankings, I put the 35 cryptos into a number of types that I'll explain a bit here:

    • The Big Boys

    • The Second Tier

    • Emerging Upstarts

    The cryptos in The Big Boys section are pretty obvious. The established and time-tested players like Bitcoin, Ethereum and Dash fit here.

    In the Second Tier we have the potential future stars. Cryptos like NEO, OmiseGO and Lisk fit comfortably here.

    Whilst The Emerging Upstarts are filled with newer projects that are super solid, for example: Walton Chain, PowerLedger and Chainlink.

    By selecting older and newer projects in this "crypto index fund" I'm hoping to leverage both money coming into the established/known cryptos, as well as potentially making bigger market cap jumps with some of the new projects that have far to run.

    Potential Issues With the Experiment

    Some obvious issues with my method became apparent pretty quickly:

    • Firstly, certain cryptos will naturally have an advantage (at least early on), if they were down that day compared to their usual average.

    Some coins were near all-time-highs, which will naturally skew the experiment a little and make it a little harder for them to succeed…at least in the early stages of the experiment. For example, Bitcoin happened to be very near its ATH when I bought it for the experiment. NEO and AdEx were also very near their tops.

    • The natural volatility of Bitcoin meant that I wasn't able to hit exactly on $10 for each, and some of the values are therefore a little off-kilter because of that. I did the best I could.

    • Due to the relatively small amounts involved, I probably won't be taking these off the exchanges I bought them on (transaction fees). Leaving on exchanges isn't ideal (for obvious reasons), but this experiment is more about the thought experiment for me. My large holdings are in cold storage.

    Moving Forwards

    I bought these cryptos on Tuesday 21st November. I will, therefore, be doing a weekly update every Tuesday where I chart the experiment's progress.

    I'll be including charts/graphs in future updates, so that we can see a visual representation of what's going on.

    I'll be making a site to chronicle this experiment and give it a home.

    Let me know what you think of my plan - I'm open to constructive criticism and any thoughts you might have.

    Sources and Helpful Resources

    Here's some of the many resources I consulted for this project:

    https://digitalassetdbtest.azurewebsites.net/

    http://aenigma.capital/Leveraging-the-Cryptoeconomic-Machine.pdf

    https://www.whatbitcoindid.com/portfolio/

    https://coinmarketcap.com/

    https://www.coingecko.com/en

    https://coincheckup.com/

    submitted by /u/weddingzilla199
    [link] [comments]

    Why don’t more people seem to be up in arms about IOTA’s transition, reclaim, etc?

    Posted: 24 Nov 2017 01:35 PM PST

    That looks like a total mess. How are they getting away with this and still having such a high market cap?

    submitted by /u/theblockchainman
    [link] [comments]

    Bittrex is doing some policy updates: email in text

    Posted: 24 Nov 2017 06:06 PM PST

    Dear

    This email is to communicate policy changes for placing orders on Bittrex. As you know, Bittrex is committed to providing fair and efficient price discovery and these changes are designed to improve the overall trading experience on our markets.

    Removing stale orders: Effective today, Bittrex will be removing orders that are older than 28 days. As we've communicated in the past, many of these orders have no reasonable expectation of being filled and clog the order books.

    Raising the minimum trade size: Within the next 2 weeks, the minimum allowable trade value for orders will go from 50,000 Satoshi to 100,000 Satoshi. We will also require a minimum trade quantity on a per market basis.

    Creating minimum tick sizes: Within the next 2 weeks, on a per market basis, we will be instituting minimum tick sizes that are based on the current price of the market. The target is to have minimum trade sizes that are near 0.1% ofthe current price. The current minimum tick size is 1 Satoshi. For example, Ethereum trades at 0.0577 Bitcoin. Bids and asks can only be placed in 0.0001 increments. So the next levels allowable levels on the order book will be 0.0576 and 0.0578.

    A general statement about market manipulation tactics: Bittrex actively discourages any type of market manipulation, including pump groups. Consistent with our terms of service, we will suspend and close any accounts engaging in thistype of activity and notify the appropriate authorities.

    For more details around these policy changes, see this article.https://support.bittrex.com/hc/en-us/articles/115003004171

    Thank you,

    Bill Shihara Chief Executive Officer

    submitted by /u/TheRealCanadaknows
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    I thought this was Black Friday, where's the deals on Crypto?

    Posted: 24 Nov 2017 02:19 PM PST

    Everything is going up, LTC, BTC, ETH, even BCH! How am I going to be able to take advantage of this prime shopping opportunity without some dips as incentive?

    submitted by /u/A_Stones_throw
    [link] [comments]

    Request Network partners with Kyber Network, project update

    Posted: 24 Nov 2017 05:34 AM PST

    Most Popular Story on CNBC Tech: 'Bitcoin’s main rival Ethereum hits a fresh record high'

    Posted: 24 Nov 2017 02:21 AM PST

    My top 5 cryptocurrency picks for December - Walton, Change, Loopring, Blockcat, Groestlcoin

    Posted: 24 Nov 2017 02:18 PM PST

    Any insight into why the crypto markets are experiencing such a boon at the moment?

    Posted: 24 Nov 2017 09:06 AM PST

    I've noticed from coinmarketcap that there's a lot of money coming into varied coin markets. As of now, the market cap is up seven billion in one day, and 87 billion since October 29th.

    Is there something specific driving this trend or is it up in the air what the causes might be?

    submitted by /u/mattisb
    [link] [comments]

    Daily Chart - Today's big Gainer

    Posted: 24 Nov 2017 12:35 PM PST

    Bitcoin Cash keeps having a bullish market sentiment as traders in BCH/USD markets keep on with a positive mood as trading volumes that are the second largest amid cryptocurrency markets through the last 24 hours; All after a price spike with the cryptocurrency's prices now at a price point around $1700.

    24 hour ANIMATED chart

    Chart Source:

    https://cryptocoincharts.info/pair/bch/usd/quoine/today

    submitted by /u/kamenoccc
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    NEBLIO - The Next Frontier in Blockchain Technology: Scaling and Commercial Optimization

    Posted: 24 Nov 2017 04:48 AM PST

    Ethereum Breaks Through $400 With All-Time High of $420

    Posted: 23 Nov 2017 11:16 PM PST

    "We want to begin by building a strong foundation - a one hundred percent reserve cryptocurrency depository institution, with regular balance sheet disclosures, comprehensive operational reports..."

    Posted: 24 Nov 2017 05:31 PM PST

    Will RIPPLE (XRP) Go OVER $1 In 2018!? (Technical Analysis Price Prediction)

    Posted: 24 Nov 2017 05:31 PM PST

    Short term signals

    Posted: 24 Nov 2017 10:40 AM PST

    What are some great crypto telegram groups that you've seen offer the best short term signals for coins to invest in?

    submitted by /u/twintowersrubble
    [link] [comments]

    XRP Investor Update: Ripple Expanding

    Posted: 24 Nov 2017 07:30 AM PST

    Poe, bcpt, eng going on bittrex [PROOF]

    Posted: 24 Nov 2017 10:08 AM PST

    Bittrex test wallet:

    https://etherscan.io/address/0xC892E9036E9a7bD657b65078829BE18B6856a791

    You can confirm this by looking at all the previous coins and timestamps. This was discovered a while ago, but it leaked yesterday.

    The wallet leaked before the zrx tx. The link, zrx, and everything past that are fake (anyone can send coins to the contract to pump their coin)

    Eng poe and bcpt are real.

    Eng had a separate bittrex rumour simultaneously to the tx, some insider found out and told people, it pumped 60% already.

    The poe tx is the most legit. It was sent from the founders wallet that was used for their token burn. You can expect it to list in the next week

    You can see the founders wallet here: https://etherscan.io/address/0x4adc207e73ff2f8738c7a9e3dbace389b45d92d2

    It holds 100m poe, controlled by the coin team. The most recent tx is 10k to the bittrex test.

    BCPT is at the same time as the other 2 so it is likely real.

    The poe one is the most legit though, by far. ENG already pumped. If you decide to buy this rumour, I'd look at bcpt and poe.

    submitted by /u/kcorda
    [link] [comments]

    Litecoin price hovers around 12-week highs on Friday

    Posted: 24 Nov 2017 11:51 AM PST

    How to send XRP from a cold storage wallet / Tech Series Ep.2

    Posted: 24 Nov 2017 03:11 PM PST

    A Simple Bitcoin Dashboard for trading on 200 Day Moving Average

    Posted: 24 Nov 2017 03:05 PM PST

    Daily Crypto Update (11/24/17) + Technical Analysis:

    Posted: 24 Nov 2017 11:11 AM PST

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