Cryptocurrency Daily General Discussion - November 21, 2017 |
- Daily General Discussion - November 21, 2017
- USDT - Tether Hacking Discussion (21st Nov 2017)
- Tether Critical Announcement
- The funniest part of the tether hack
- most truthful image ever.
- r/bitcoin and r/btc are so damn petty. Grow up and stop attacking each other. If you don't like the others coin then JUST DON'T USE IT.
- I found a site that tells me my bfs mood swings.
- Tether Hacked!
- Kraken May Be a Shitty Exchange But Atleast They Are a Savage
- Neo? Maybe next time
- WARNING: ~$15,000,000 USDT being deposited to known Bitfinex exchange address right now (post hack!). Archived links in the comments.
- Vertcoin can be traded successfully via Atomic Swaps on the decentralized exchange BarterDex
- Your top 10 cryptocurrency with the greatest potential in 2018-2019?
- Official update from Chris-ConfidoSupport
- NEO/This platform gives Chinese citizens the ability to invest and trade on this platform.
- Block Asset Management launches world’s first crypto fund of funds
- NEO acted incorrectly announcing some major news and then not delivering anything
- Are ICOs the New Venture Capitals?
- I'm surprised no one is talking about the Storm ICO. The CEO of Bittrex is an advisor along with Charlie Shrem and Anthony Di Iorio. They already have a large existing user base and their service sounds legit. What do you guys think?
- NEX whitepaper mentions using Loopring $LRC for ring-matching protocol for further liquidity!
- AFTER 3 MONTHS OF UPS AND DOWNS AND HODLING I️ HAVE CLIMBED BACK OUT OF MY HOLE AND CAN SEE THE LIGHT AGAIN
- I posted this on r/NEO in response to toxic comments and what I believe was a huge mistake by NEO. Can't find it on r/NEO now
- Grill my portfolio
- GVT Genesis Vision Seems to be Taking Off
- Contest Idea: 8 hour day trading with $100
- Startups offer buying and selling apps in e-commerce battle
| Daily General Discussion - November 21, 2017 Posted: 20 Nov 2017 10:05 PM PST Welcome to the Daily General Discussion thread! Guidelines:
Rules:
Resources and Tools:
Thank you in advance for your participation. Enjoy! [link] [comments]  | ||
| USDT - Tether Hacking Discussion (21st Nov 2017) Posted: 20 Nov 2017 11:02 PM PST We are pooling all discussion of this topic into one thread. Major Situation Developing:
Updating News List:
Official Statements from Cryptocurrency Exchanges:
About Tether:
Thread Guidelines:
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| Posted: 20 Nov 2017 07:34 PM PST https://tether.to/tether-critical-announcement/ Tether Critical Announcement Yesterday, we discovered that funds were improperly removed from the Tether treasury wallet through malicious action by an external attacker. Tether integrators must take immediate action, as discussed below, to prevent further ecosystem disruption. $30,950,010 USDT was removed from the Tether Treasury wallet on November 19, 2017 and sent to an unauthorized bitcoin address. As Tether is the issuer of the USDT managed asset, we will not redeem any of the stolen tokens, and we are in the process of attempting token recovery to prevent them from entering the broader ecosystem. The attacker is holding funds in the following address: 16tg2RJuEPtZooy18Wxn2me2RhUdC94N7r. If you receive any USDT tokens from the above address, or from any downstream address that receives these tokens, do not accept them, as they have been flagged and will not be redeemable by Tether for USD. The following steps have been taken to address this matter: The tether.to back-end wallet service has been temporarily suspended. A thorough investigation on the cause of the attack is being undertaken to prevent similar actions in the future. We are providing new builds of Omni Core to the community. (Omni Core is the software used by Tether integrators to support Omni Layer transactions.) These builds should prevent any movement of the stolen coins from the attacker's address. We strongly urge all Tether integrators to install this software immediately to prevent the coins from entering the ecosystem. Again, any tokens from the attacker's address will not be redeemed. Accordingly, any and all exchanges, wallets, and other Tether integrators should install this software immediately in order to prevent loss: https://github.com/tetherto/omnicore/releases/tag/0.2.99.s Note that this software will cause a consensus change to currently running Omni Core clients, meaning that it is effectively a temporary hard fork to the Omni Layer. Integrators running this build will not accept any token sends from the attacker's address, preventing the coins from moving further from the attacker's address. We are working with the Omni Foundation to investigate ways that will allow Tether to reclaim stranded tokens and rectify the hard fork created by the above software. Once this protocol enhancement is complete, the Omni Foundation will provide updated binaries for all integrators to install. These builds will supersede the binaries provided above by Tether.to. After the protocol upgrades to the Omni Layer are in place, Tether will reclaim the stolen tokens and return them to treasury. Tether issuances have not been affected by this attack, and all Tether tokens remain fully backed by assets in the Tether reserve. The only tokens that will not be redeemed are the ones that were stolen from Tether treasury yesterday. Those tokens will be returned to treasury once the Omni Layer protocol enhancements are in place. We will provide further updates as they come available, and we appreciate the community's patience, understanding, and support while we work to rectify the situation in the best possible manner to everyone's benefit. The Tether Team [link] [comments]  | ||
| The funniest part of the tether hack Posted: 20 Nov 2017 09:03 PM PST From the announcement:
So... they will be treated exactly the same as non-stolen tether tokens? [link] [comments]  | ||
| Posted: 20 Nov 2017 09:35 PM PST
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| Posted: 20 Nov 2017 05:11 PM PST These kids are pathetic. Anyone from a more civilized crypto community.. I'd advise you to please refrain from visiting r/bitcoin and r/btc [link] [comments]  | ||
| I found a site that tells me my bfs mood swings. Posted: 21 Nov 2017 12:02 AM PST This is what my gf is going around telling my friends. The site is: https://coinmarketcap.com/ [link] [comments]  | ||
| Posted: 20 Nov 2017 07:39 PM PST
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| Kraken May Be a Shitty Exchange But Atleast They Are a Savage Posted: 21 Nov 2017 01:19 AM PST
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| Posted: 20 Nov 2017 04:41 PM PST
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| Posted: 20 Nov 2017 11:27 PM PST
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| Vertcoin can be traded successfully via Atomic Swaps on the decentralized exchange BarterDex Posted: 20 Nov 2017 02:15 PM PST
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| Your top 10 cryptocurrency with the greatest potential in 2018-2019? Posted: 21 Nov 2017 12:33 AM PST Mine bets are: STX, Stox - decentralized prediction market platform (the company behind the project owns Invest.com) PAY, TenX - cryptocurrency prepaid card (rised $80 million durin ICO, have a lot of funds to outrun competitors) WTC, Waltonchain - combination of RFID, IoT and blockchain technologies (huge demand in the nearest future) SNM, SONM - a platform for decentralized computation (very strong team, several partnerships already, potentially huge demand in future) CVC, Civic - secure identity platform (a lot of blockchain platforms will integrate Civic solution) POWR, Power Ledger - blockchain based peer-to-peer energy trading platform (great idea, clear vision, potential worldwide adoption) ENG, Enigma - data-driven crypto investment platform (forunders are MIT graduates) DASH, Dash - instant, private payments (large developers team, constant progress) ODN, Obsidian - secure messenger and payments (great development team, very undervalued right now) TNT, Tierion - data verification technology (working product already, very undervalued right now) [link] [comments]  | ||
| Official update from Chris-ConfidoSupport Posted: 20 Nov 2017 04:08 PM PST Hey guys, I have made an official statement to the police in my local district regarding the situation. I was completely honest and open with them about the whole situation and they are going to do some further investigation. I am aware TokenLot is also investigating as was mentioned in another post by them. As it currently stands I will likely be alright legally as I was just an employee, but none the less I am liquidating the profits I have made from Confido until further clarification is given. If I am required to return the small amount of funds I have, I will gladly do so.
I have spoken with the team from Kleros and they have confirmed they never saw Joost either, they had only communicated through slack. I can confirm the contract between Confido and Kleros does exist, and the CEO of Kleros fully believed that the agreement was legitimate. I have yet to talk to ChainLink but I believe they will have a similar story. I have also never seen Joost's face, which I regret never clarifying. I honestly had no reason to believe that I was being led on.
I am truly sorry for this whole situation, and honestly it hurts me more than you can imagine, but I will not be leaving you guys behind. I am active on telegram so if you would like to talk to me I would recommend messaging me on there.
So sorry for all of this guys, I'll do my best to make it right. [link] [comments]  | ||
| NEO/This platform gives Chinese citizens the ability to invest and trade on this platform. Posted: 20 Nov 2017 10:13 PM PST
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| Block Asset Management launches world’s first crypto fund of funds Posted: 21 Nov 2017 03:28 AM PST | ||
| NEO acted incorrectly announcing some major news and then not delivering anything Posted: 20 Nov 2017 04:00 PM PST They caused a pump and now a dump. Not professional, not correct, acting like a scam coin [link] [comments]  | ||
| Are ICOs the New Venture Capitals? Posted: 21 Nov 2017 01:17 AM PST
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| Posted: 21 Nov 2017 03:05 AM PST
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| NEX whitepaper mentions using Loopring $LRC for ring-matching protocol for further liquidity! Posted: 20 Nov 2017 08:04 PM PST Let me start by saying loopring is a decentralized protocol that has been rumored to be working with NEX according to a City of Zion article. The release of the NEX white paper may confirm the rumor that LRC & NEO/NEX are definitely correlated. In the NEX white paper: "Assuming 1,000 transactions per second, NEX could potentially execute more than 100 thousand trades per second on the chain. In the future, such batches could adopt match-rings to further enhance liquidity [18]" [18] Loopring White Paper. https://github.com/Loopring/whitepaper/blob/master/ en_whitepaper.pdf, Accessed 2017, Archived at http://www.webcitation.org/ 6v7GNu8z7 on November 20th, 2017. EDIT: This feature will not happen in the short term. I believe Loopring plans to focus on ERC20 tokens in the short term and expand onto different blockchains later on, however this post is meant to confirm the relationship. :) [link] [comments]  | ||
| Posted: 20 Nov 2017 12:19 PM PST
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| Posted: 20 Nov 2017 06:30 PM PST First off I started buying antshares at $10. I've been investing in various projects for a little over a year. I've made money and have few complaints. Today, however, I watched something unfold that deeply troubled me. A project with one of the most supportive communities in all of crypto played a very childish game with their supporters, and hurt a lot of them financially. And before you decide I'm spreading FUD or shilling another coin, please do me the courtesy of answering this one question honestly. If WTC or VTC or any other project had pulled this kind of stunt today what would you, a full blown NEO supporter, being saying about that project and their dev team? You'd be screaming "shitcoin!" at the top of your lungs. We are all investors. Period. Nobody is putting their hard earned money into cryptocurrency for the betterment of humanity. We're all attempting to better our lives. And our individual goals are no one else's business. If somebody actually wants to buy a lambo is it our place to judge? No it isn't. A lot of people have little to no money and are scraping together whatever small amount they can to invest. If all they have is $100 are they "assholes" for trying to trade and turn it into more? The daily feed is full of comments calling them that or worse for trying to trade up. If you have nothing to start with, how the hell can you "hodl" and ever have any hope of a better life? Attacking people for trying to make sound investments and turn a profit is wrong. The more money people put into crypto, the more there is for everyone. How many new investors got burned by NEO today? How many will never be supportive of NEO in the future? Are they assholes and crybabies for trusting NEO's team when they tweeted about big news? Would you call someone who invested their life savings in Microsoft, Amazon, or Apple 20 years ago a dumb fuck? Then why would so many people call the ones who have enough faith in NEO to invest heavily dumb fucks like they did all day on the daily feed? Those investors aren't the ones who sent out unsolicited tweets promising big things. NEO did that. For a multi billion dollar market cap business to send out ridiculous tweets like NEO did today is not only unprofessional, it's irresponsible. Make no mistake. Big money and institutional investors are coming. The stock market is past due for a drastic correction. Crypto is going to look extremely attractive to the big boys trying to make up for their huge stock market losses. What do you think will happen when sneaky fucks the likes of Jamie Dimon go all in with crypto? Do you really believe they won't figure out ways to bully even the largest current crypto investors into submission? The only hope we have of being able to keep crypto out of the hands of these manipulators is to stick together and support one another. A stunt like today that harmed a bunch of small, individual investors cannot be good for crypto. Toying with people and convincing them that earth shattering news is coming plays right into the hands of institutional investors who can't wait to run to their respective governments and urge for regulation. A Wall Street firm has already promised publicly to 'tame bitcoin'. Today's NEO fiasco smells a lot like market manipulation, and trust me it won't go unnoticed by regulators. If you're thinking crypto can't be regulated, you're being naive. In order to become mainstream and make the kind of money people believe it will, crypto will have to submit to some regulation. Screw a bunch of small investors out of their money by manipulating the market and you're virtually guaranteeing heavy handed regulation. I'm not done with NEO. I still believe it has a lot of merit. But credibility and trust are difficult to come by. So it seems like utter madness to me to piss it away so carelessly the way NEO did today. What should have been a public relations coup for NEO has become a full blown disaster. I spent years in crisis and media management. Fucking up is bound to happen. It's how you handle the aftermath and blowback that separates the quality companies from the scammers. I've yet to see any real damage control from NEO. Maybe they feel they don't need any, but if they look at the thousands of comments on the daily discussion they are clearly wrong. There's an old saying that applies to this debacle. Perception is reality. What your company looks like is what it is to people. Is the way NEO looked today truly the project you want to be behind and invested in? Wake up NEO. Get your shit together. Hang your head. Say you're sorry. Get ahead of this thing before it turns more people off to a fantastic project. All you guys sitting on fat stacks need to realize nobody in crypto is king yet. Support matters. Trust matters. Credibility matters. Lose those and there will be another coin standing in the wings to take your place. [link] [comments]  | ||
| Posted: 20 Nov 2017 11:23 PM PST
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| GVT Genesis Vision Seems to be Taking Off Posted: 21 Nov 2017 03:38 AM PST I just discovered this tiny market cap coin, but it seems like it has crazy potential. They're trying to disrupt the 70 trillion dollar Private Trust Management market. Only 3M tokens in circulating supply and the market cap is barely 10M. One thing that made this team gain my trust a lot was the fact that they burned their unsold ICO tokens rather than keeping them. That's a rare thing in this world of money-grab ICOs. https://twitter.com/CharlieShrem/status/930892314570051584 They're also apparently releasing a new roadmap soon, and there are rumors about an imminent Bittrex listing. Given they were listed on Binance 24 hours after hitting EtherDelta, I believe it. I recommend you read the whole whitepaper, but this in particular stood out to me: "Considering our more than 400 contacts with brokerages among our partners and advisers, we expect at least 100 brokerages to join our distributed system within 2 years. This will attract more than 100,000 investors and roughly 10,000 financial managers. According to industry reports, the average trading volume for a single investor is 5 Lots (500,000 USD including leverage) per month. Thus,the total trading volume in our distributed system could reach 50 billion USD. Since this statistics involves only existing customers, it will make Genesis Vision one of the largest blockchain applications" Here's the link to the whitepaper: [link] [comments]  | ||
| Contest Idea: 8 hour day trading with $100 Posted: 20 Nov 2017 08:52 AM PST I was thinking about this the other day, lets have a contest that tracks a full 8 hour day of day trading. You'd have the 8 hours to turn $100 into the most you could. Obviously, the winner would have bragging rights. Random idea, don't know how it would work out completely with logistics, but thought it would be fun to see. Edit, another idea, so there could be a prize for top x winners - everyone "buys" in with BTC at $5 (or whatever amount decided on) and that way it's for serious people that want to compete. [link] [comments]  | ||
| Startups offer buying and selling apps in e-commerce battle Posted: 20 Nov 2017 02:03 PM PST
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