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    Cryptocurrency Daily General Discussion - December 24, 2017

    December 24, 2017

    Cryptocurrency Daily General Discussion - December 24, 2017

    Daily General Discussion - December 24, 2017

    Posted: 23 Dec 2017 10:06 PM PST

    Welcome to the Daily General Discussion thread!

    Guidelines:

    • Questions, debates, meta issues, etc are all welcome.
    • Breaking news should be posted separately from this thread.

    Rules:

    • All sub rules still apply in this thread except for the karma and age requirements. Anyone can post comments.
    • Be respectful to one another. Follow the golden rule.
    • No trolling or shilling.
    • Discussion topics must be related to cryptocurrency.

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    Thank you in advance for your participation. Enjoy!

    submitted by /u/AutoModerator
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    We've added an addendum to Rule 2 concerning low-effort posts.

    Posted: 23 Dec 2017 05:46 PM PST

    Hey /r/CryptoCurrency,

    The moderation team has been working on filtering out the high volumes of low-quality posts that don't promote healthy discussion. These are posts such as:

    • What coin is going to 100x next?!

    • What will ____ coin's price be in a year?

    • What coin should I buy???

    • Is (coin)... good?

    Let's be real, these posts are a dime a dozen and they don't do anything except promote wild speculation and shilling whatever coin that commenters are holding. One of my initiatives is to empower cryptocurrency newcomers into doing their own research, making their own decisions, and discovering the technology behind coins -- not just seeing them as a get-rich-quick scheme.

    So from here on out, we're going to be removing posts from the queue that are similar to the examples I provided. The official addendum to the rule is as follows:

    RULE 2: NO SPAM No low-effort content asking for baseless price speculations (e.g. "What will BTC's price be in 2019?"), invitations for shilling (e.g. "What coin can I buy that will make me rich next week??"), or coin-related threads without a proper discussion topic outlined by the OP (e.g. "Is Litecoin good?").

    Posters will be encouraged to post these questions in the daily discussion thread if they really feel that such a discussion is necessary.

    We're committed to creating a healthy environment where all cryptocurrency can be discussed in a civilized manner. If you have any suggestions or questions about improving /r/CryptoCurrency then feel free to comment here or message the mod team.

    P.S. Congrats on 300k subscribers!

    submitted by /u/INGWR
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    “Why are you always so tired?” Me:

    Posted: 23 Dec 2017 08:43 AM PST

    I made a getting started guide for Cryptocurrencies with reddit's favorite resources. Help your friends get started with crypto-investing.

    Posted: 23 Dec 2017 09:50 AM PST

    Verge is teaching us all something...

    Posted: 23 Dec 2017 10:01 PM PST

    That this unregulated market can be completely manipulated all the way to the top...and that perhaps market cap is a very poor measure to compare coins because of this.

    Verge completely fails at what it is supposed to be, a privacy coin. Yet it is sitting on the cusp of becoming a top 10 currency based on market cap. But here's the thing. No one...and I mean no one that actually cares about privacy would use this coin.

    So what is happening? I think that we have coordinated collusion amongst a few big players trading this worthless coin back and forth driving the price up. And when it is time for them to sell, they will make some money...but nowhere near what the market cap stands at now. Because the truth is no one actually wants this coin for any kind of long term prospects because it is fundamentally a complete failure.

    I'm not sure what the solution to any of this is, but it seems like the more of this kind of stuff happens, the more coins Macafee pumps, the more people collude...the faster we will become a regulated market...and at this point I would almost welcome regulations.

    submitted by /u/the-grinder
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    FLOCKA knows

    Posted: 23 Dec 2017 12:25 PM PST

    To all the crypto whales out there

    Posted: 23 Dec 2017 05:30 PM PST

    RaiExchange launching on January 1st!

    Posted: 23 Dec 2017 04:21 PM PST

    More exciting news coming for XRB. This is being targeted towards the current PITA which is, buying RaiBlocks. Really stoked for the progress that we're seeing towards community/developer movement on this project!

    https://twitter.com/RaiExchange/status/944508539271368704

    https://rai.exchange/

    submitted by /u/atriaxx
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    Milton Friedman predicts cryptocurrencies in 1999.

    Posted: 23 Dec 2017 06:19 PM PST

    Finally made a dream come true by making a High-Res recreation of the Bubble Phase Meme Chart

    Posted: 23 Dec 2017 02:42 PM PST

    CryptoKitties - The Aftermath

    Posted: 23 Dec 2017 11:05 PM PST

    McAfee Plainly Stating He Is a Paid Shill, For Those Who Weren’t Already Aware

    Posted: 24 Dec 2017 12:00 AM PST

    "Merry Christmas! We are exciting to announce our partnership with Obike. Obike is one of the largest sharing economy companies active in 20 countries across Europe, Asia and Australia with 10 million users. Obike will launch sharing bike application and Ocoin based on #TRON #trx"

    Posted: 23 Dec 2017 09:42 PM PST

    Article thoroughly analysing / comparing IOTA and RaiBlocks

    Posted: 23 Dec 2017 03:51 PM PST

    John Mcafee paid to pump coins.

    Posted: 23 Dec 2017 05:33 PM PST

    I can't believe trump tweeted this

    Posted: 23 Dec 2017 02:11 PM PST

    Guys literally only want one thing

    Posted: 23 Dec 2017 09:25 PM PST

    Me in 2018 after everyone telling me “it’s a bubble or it’s gonna crash”

    Posted: 23 Dec 2017 10:49 AM PST

    How McAfee Finds New Coins for Twitter.

    Posted: 23 Dec 2017 02:53 PM PST

    The whole crypto universe

    Posted: 23 Dec 2017 07:42 AM PST

    I am waiting for the day cryptocurrencies disengage from Bitcoin and it's ups and downs

    Posted: 24 Dec 2017 02:05 AM PST

    Really there is no reason for it. There is first mover advantage but at some point tech 2.0 or tech 3.0 will take over. Bitcoin maximalists don't think this way but really there is no clear explanation for the whole market following inferior tech always. At some point people will realize that there are many "stocks" or "startups" or call them whatever you want projects out there.

    submitted by /u/aelaos1
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    It's official: We didn't get a complete market recovery today but at least we got a

    Posted: 23 Dec 2017 09:17 PM PST

    Thoughts on ICX or ICON? Been hearing a lot of buzz about it being Korea’s Ethereum

    Posted: 23 Dec 2017 07:35 PM PST

    Seeing it come up a lot on twitter, and it has done pretty well even when btc has been correcting. Can anyone knowledgeable about this coin, tell me your thoughts on why it's a good investment?

    Shillers are welcome, I found WTC when everyone said it was just a PnD. And look where it is now :) Just have good factual points to why it has a good future.

    Thanks for the help!

    submitted by /u/TheNguyenBro
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    COSS admin steps in to save the day after a member has their account hacked - setup your 2FA on everything

    Posted: 23 Dec 2017 09:20 AM PST

    Africa adopts blockchain technology for imports!

    Posted: 24 Dec 2017 02:02 AM PST

    Why ICON will be a top5 coin in terms of adoption within a year

    Posted: 23 Dec 2017 01:00 PM PST

    If you haven't already heard, Koreans are in on the game. Dubbed "Korean Ethereum", ICON is coming to change the game. So why do I think ICON will be in top5 within a year? Simple.
    1-ICON is built to be adopted

    Generally, the majority of blockchain projects place emphasis on their decentralization methodology and lack evidence of adoption in the real world due to their technological and business limitations. The ICON Project aims to overcome such challenges and help advance our society towards true hyperconnectivity.

    2-Korea is perfect place for crypto to grow out of

    The Republic of Korea presents an ideal environment for blockchain technology and cryptocurrency disruption. Korea is the top ranked ICT (information and communications technologies) country in the world and the 11th largest economy . Due to such reasons, Korea has been a key test market for global tech companies such as Facebook . In addition, Korea is now quickly becoming a leader in digital currencies , and as of July 17, 2017, the country's top three (3) crypto exchanges all rank in the top ten in global daily trading volume . ICON has established itself as the dominant market leader in Korea via theloop, a Korea-based forprofit blockchain technology company behind ICON (2.8 Implementation of loopchain). And this is only the beginning as we have various strategic plans set in motion to hyperconnect Korea, Asia, and then eventually, the whole world.

    3-ICON's blockchain solution is already enterprise tested

    ICON blockchain has been in development for past 2 years & already one of the world's largest ENTERPRISE blockchain networks working with 25 security firms, 6 hospitals, 3 universities (10 added by end of 2017) and various banks have on-boarded. All currently using the ICON loop blockchain (so this is not NEO whereby they "hope" the demand will come. The blockchain is IN USE already)

    4-ICON scales

    The ICON loop blockchain can do 3000 transactions per second (TPS) per channel/layer with additional layers/channels added later. This means the ICON loop blockchain can scale to 9,000 TPS or more if the demand is required. This eclipses most blockchains on the market today.

    5-Partnerships they already secured are impressive

    They have partners in all sectors, with big names such as Samsung and Woori Bank. You can see them here

    submitted by /u/Markers34
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    Obike partners with Tron. Will base its bike sharing application on TRX.

    Posted: 23 Dec 2017 09:36 PM PST
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