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    Crypto Currency Markets Monero Passes $200

    December 02, 2017

    Crypto Currency Markets Monero Passes $200

    Monero Passes $200

    Posted: 02 Dec 2017 03:27 PM PST

    Why Billionaire Token Should Have Your Attention...

    Posted: 02 Dec 2017 09:27 PM PST

    Active Development

    The team can be seen on the website They have been running a test version of the raffle game on the Kovan Testnet, getting ready in a few days for it to go live on the Ethereum mainnet. The plan is to migrate to the EOS when it's ready, as EOS will be better able to handle what XBL is trying to do.

    You can go through the ANN on bitcointalk and see that each step in the roadmap is getting hit. Development updates are frequently given to the community and investors. They hope to beat many of the other gambling type coins such as Edgeless, Ether Roll, EthBet to market with a dice game. The kicker is, you can play against other people . . not just automated rolling like we see in places such as Bitsler or Burst Casino. The lead developer is quite active on the Telegram, Slack, and ANN page. Often times, ICO's will conclude and investors literally have to scream bloody murder to get the team to interact with the community. This is not the case with XBL.

    Total Number of Tokens

    Currently, there are 3,315,367 XBL tokens

    Current price is 1,700 satoshis and had all time high over 10,000 satoshis

    Games will slowly burn the total supply down even further. Compare the number of coins of XBL, to other coins that offer similar games, or goals for investors.

    Edgeless has a circulating supply of 82,046,288 EDG and is trading around 8,000 satoshis

    EtherRoll has a circulating supply of 7,001,623 DICE and is trading around 26,000 satoshis

    Decent.BET has a circulating supply of 59,640,785 DBET and is trading at 1,400 satoshis

    Granted, those coins aren't doing exactly what XBL is, but they would be close competitors.

    The Raffle and Burner

    This is the game that is set to release in a few days. This is the first game laid out in the whitepaper

    Every week, users can send 10 XBL to an Ethereum Smart Contract address – this is the equivalent of buying one ticket, more tickets mean a better chance to win. Users can buy an unlimited number of tickets to increase their chances. At the end of the week, the Smart Contract will choose three winners at random. First place will get 40% of the tokens that were raised during that week,second place gets 20% and third place gets 10%. From the remaining 30% of the tokens: 10% are burned– as an offering to the market gods. The other 20% are sent to another Smart Contract Address that works like a twisted faucet – rewarding people for burning their own coins.

    Players can use MetaMask to submit tickets. A GUI is also set to go when the game goes live.

    What is the Burner and how does it work?

    Another key ingredient to the deflationary mechanism that is embedded into Billionaire Token is the Decentralized Burner Smart Contract. The Burner receives 20% of the tokens that are sent to the weekly raffle. Anyone will be able to register coins to be destroyed by the Burner, and they will receive their coins back plus a little bonus – provided that the Burner has enough coins for this.

    The dev team is working out a way to have a GUI for this as well. A lot of people just do not know how to call functions on the ETH network. This will slowly lessen the supply as well. But what happens when the supply keeps getting lower and lower? The dev team has said that they can alter the percentage of coins burned, or change the number of XBL is costs to play specific games. In other words, if price should happen to go to roughly 1 dollar a token, the game entry fee of 20 XBL for the raffle could be decreased to 10. That is just an example, but hopefully you get the idea.

    What's Next?

    A dice game is already being developed. It is the next game to be released. It differs because it is a head to head game with another player. And of course, there will be a little bit of burning coins involved.

    XBL offers a unique idea on how a deflationary mechanism would work. Quite the opposite of PoS coins that rewards you for staking to the network, XBL rewards you with when you decrease the total number of coins. The economics of it are something to think about.

    submitted by /u/cryptorobby
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    Show Reddit: I made a tool for automatically buying crypto

    Posted: 02 Dec 2017 08:10 AM PST

    Taking a step back on the recent BTC bull run

    Posted: 02 Dec 2017 08:39 PM PST

    Daily Crypto Update (12/2/17) + Technical Analysis:

    Posted: 02 Dec 2017 07:23 PM PST

    [Crypto Novice] Found a small amount of BTC in an old wallet (0.0173), and am looking to reinvest in either IOTA or XRP. Thoughts?

    Posted: 02 Dec 2017 07:18 PM PST

    Hey guys, novice here. I used BTC to purchase something over a year ago, and found a remaining balance of 0.0173 in my wallet. After debating liquidation, I have decided to use it to invest in an emerging coin.

    IOTA seems promising, and my first thought was to exchange my BTC for IOTA and forget about it for a while, seeing as it has the support of a few giants in the tech industry. I also felt the same about XRP, as major banking institutions have shown interest.

    I suppose the question I am posing is, should I completely pull my BTC and create a new portfolio, or should I retain my small amount and wait until I have more cash to invest in prospective currencies? I have limited income at the moment which is why I am considering the exchange as opposed to retention and new investments. Thank you for taking the time to read this, I am looking for any and all guidance in beginning my engagement in the crypto-markets.

    -Issac

    submitted by /u/GradualDIME
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    PIVX hits a new All Time High of $5.45

    Posted: 02 Dec 2017 05:24 PM PST

    $5 has been a long time coming and there's plenty more room for growth from the new privacy coin on the block(chain)

    submitted by /u/turtleflax
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    Does net neutrality have an influence on the crypto market?

    Posted: 02 Dec 2017 01:49 PM PST

    I was wondering that if FCC is successful in ruining net neutrality, will it have an influence on crypto?

    submitted by /u/chrion
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    30/70 BTC/LTC, want to diversify

    Posted: 02 Dec 2017 12:48 PM PST

    I'm hearing so much about XRP getting attention that I want to get my hand in. What's the best way to get in? BTC exchange or purchase (USD). If latter, which exchange is best for USD purchase?

    Secondly, I'd like to get into some quicker trading with other alts. What's a good, reputable exchange to start playing with? Currently in GDAX and Bittrex.

    Any feedback is appreciated.

    submitted by /u/b2darizzle
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    Bitcoin vs Everything else

    Posted: 02 Dec 2017 07:13 PM PST

    Quick Start Guide For Beginners Getting Into Cryptocurrency

    Posted: 02 Dec 2017 06:36 PM PST

    How does Blockmason's Credit Protocol deal with enforcing debts?

    Posted: 02 Dec 2017 05:45 PM PST

    How bad will be the futures trading?

    Posted: 02 Dec 2017 01:20 PM PST

    I read once BTC can be traded on the stock market (ETF's/futures)... volatility will not be as big as it is today where you see $1000+ swings because people would have the option to short it, and the downward pressure would suppress the volatility.

    If so then people don't actually want to OWN it, only to SPECULATE on it?

    submitted by /u/unitedstatian
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    Synereo: Incentivizing Creation and Distribution of Content

    Posted: 02 Dec 2017 09:51 AM PST

    Livetree Adept pre-sale at now at 53% of minimum goal - 50% discount + additional bonuses on contributions of 1.5ETH or more + enter into a drawing for 200,000 SED for contribution of 7 ETH or more.

    Posted: 02 Dec 2017 03:16 PM PST

    Livetree Adept pre-sale at now at 53% of minimum goal - 50% discount + additional bonuses on contributions of 1.5ETH or more + enter into a drawing for 200,000 SED for contribution of 7 ETH or more. Get it here: https://secure.livetree.com/#!/seed/

    submitted by /u/Vindyne8
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    I made a simple portfolio app for Android - CryptoTrax

    Posted: 02 Dec 2017 04:52 AM PST

    This is an update to an original post I made a few months ago on this /r/CryptoMarkets I have implemented a lot of the feedback suggestions I received since the original release and added more features and the newer members of the sub & crypto world may find it useful.

    CryptoTrax for Android offers a simple, permission less, registration less, no frills way of keeping track of your crypto portfolio value.

    Simply add or remove coins and see your current portfolio value. This is targeted to the simple man, like myself, who isn't concerned about the dates, exchanges etc of individual purchases and just wants to see their overall value.

    Hope some of you will find it useful!

    Thanks and any feedback is welcome.

    PS: I'm deep in to development of a native iOS version. Perhaps optimistically, I'm targeting it being released by the end of the year.

    submitted by /u/steveCrypto
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    My Investing plan for The Internet of People (IOP)

    Posted: 02 Dec 2017 02:23 PM PST

    Best Trading Platform?

    Posted: 02 Dec 2017 01:39 PM PST

    Anyone have a trading platform that they recommend? I day trade stocks and currently use ThinkOrSwim for that, and was hoping there was a similar platform for cryptos. Any recommendations are much appreciated!

    submitted by /u/LorenzOhhhh
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    Scoring ICO's on social media sentiment -> Overview of most popular ICOs

    Posted: 02 Dec 2017 12:43 PM PST

    Looking to invest

    Posted: 02 Dec 2017 12:30 PM PST

    Just a small amount 100-200$. Looking into Litecoin and ETH.

    Any ideas? I think I'm too late for BTC and all my money would be eaten up by miner fees and whatnot. It's too volatile.

    submitted by /u/notforhumanconsumpti
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    SingularDTV (SNGLS) Dividends/Revenue Share/Airdrop Share, How much is it?

    Posted: 02 Dec 2017 12:16 PM PST
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