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    Cryptocurrency Daily General Discussion - January 30, 2018

    January 30, 2018

    Cryptocurrency Daily General Discussion - January 30, 2018

    Daily General Discussion - January 30, 2018

    Posted: 29 Jan 2018 10:12 PM PST

    Welcome to the Daily General Discussion thread. Please read the disclaimer, guidelines, and rules before participating.

    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and excercise utmost caution before acting on any trade tip mentioned here.

    PnDs and brigades are not sanctioned by the mod team in any way as they violate rule III. If you discover this thread is being used for these activities, bring it to the mod teams's notice via the modmail.

    Guidelines:

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

    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Comments will be sorted by newest first.

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    Thank you in advance for your participation. Enjoy!

    submitted by /u/AutoModerator
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    Weekly Support Discussion - January 30, 2018

    Posted: 29 Jan 2018 11:13 PM PST

    Welcome to the Weekly Support Discussion thread, the r/TechSupport for r/CryptoCurrency. Use this thread for consolidating material related cryptocurrency tech support whether it's exchange deposit/withdraw issues, help installing wallets, API issues, etc.

    Guidelines:

    • Posting Educational content(whitepapers, roadmaps, etc) as a separate post is encouraged for now.

    • Please report off-topic top-level comments or refer topics such as price, gossip, events, etc to the Daily General Discussion thread.

    • Describe your problems in detail so people can better assist you.

    Rules:

    • All sub rules apply in this thread.

    • Discussion topics must be on topic, ie only about to tech support related to crypto. Questions about Windows, how to change the oil in your car, giving the current composition of your portfolio, asking for financial advice, or stating you sold X coin for Y coin(shilling), will be removed.

    • Karma and age requirements are in effect here.

    Resources and Tools:

    • Click the RES subscribe button below if you would like to be notified when comments are posted.
    • If you're looking for the Daily General Discussion thread, click here and select the latest item in the search listing.

    Thank you in advance for your participation.

    submitted by /u/CryptoCurrencyMod
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    RAIBLOCKS on CNBC Fast Money

    Posted: 29 Jan 2018 02:29 PM PST

    Only crypto is allowed, a restaurant in Manhattan

    Posted: 29 Jan 2018 07:02 PM PST

    Reasons why XRB is NOT the next big thing yet?

    Posted: 29 Jan 2018 11:50 PM PST

    XRB has been the number 1 shill on this sub for well over a month. Any criticism has been heavily downvoted, to the point where almost 100 % of the exposure XRB gets on here is overly positive.

    Even though I like the project, it simply can not be as good as the shills on this sub would suggest. The transaction cost and speed is amazing, but what are some challenges that XRB is still facing?

    And please, for once, can this sub be fair and let skeptical people have their say too? Also, no price discussion please.

    submitted by /u/nxkem
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    OriginTrail ($TRAC) amazingly undervalued Supply Chain Protocol

    Posted: 29 Jan 2018 05:03 PM PST

    Just wanted to update everyone with the latest Medium Blog Post from the OriginTrail team. They are great at keeping everyone updated with everything that is going on.

    I have grown more and more bullish with this project with each thing I have seen. They really have the potential to bind the others together nicely!

    Their team has multiple people active in the telegram chat ready to answer questions at any moment and are taking suggestions and actually implemented them quickly!

    For a team with an actual product, masternodes info coming, a great team, an exciting roadmap... its hard not to see the huge value and potential of this project. I'm personally accumulating over 100k $TRAC to run a master node (the numbers haven't been released yet but I would rather not pay 2-10x for one when the times come)

    What are your thoughts on $TRAC?

    https://medium.com/origintrail/origintrail-report-on-market-development-2017-southeast-asia-and-china-532a7ee2a228

    A bit of information from the $TRAC team about their ERP Integrations (this is huge for corporate support) https://media.discordapp.net/attachments/396736415259557928/407663663479128074/image.png

    Editing to provide some information as requested in comments!

    • Current Market Cap: Based on 290m circulating we are around 116-125 million and growing very quickly. Still early y'all!
    • Circulating Supply: 290 million confirmed circulating supply. Team is in process of contacting CMC to resolve it not being listed.
    submitted by /u/bradynapier
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    The Free Software Foundation has received a 91.45 Bitcoin donation from the Pineapple Fund. Valued at $1 Million USD.

    Posted: 29 Jan 2018 11:08 PM PST

    I get my crypto advice from gas station bathrooms

    Posted: 29 Jan 2018 05:12 PM PST

    When I hear someone say bitcoin could go to zero

    Posted: 29 Jan 2018 03:55 PM PST

    NEO breaking records; don't miss out on GAS dividends

    Posted: 29 Jan 2018 11:21 PM PST

    Seeing as that NEO is moving up the ranks to claim it's place in the top echelons of the crypto world, I thought it would be good to post another reminder to new investors that holding NEO gives you GAS dividends.

    For a full explanation on the relationship between NEO and GAS, check my previous Reddit post here: https://np.reddit.com/r/CryptoCurrency/comments/7qiyi6/new_neo_investors_hodling_neo_generates_gas/

    For now, the thing you need to know if that NEO generates GAS when you hold it in your wallet or on the exchanges Binance and Kucoin. GAS can be sold on exchanges (1 GAS = 70 USD at the time of writing) which basically means that NEO generates a juicy dividend. Unlike other platforms that require staking (Ark, OMG) or platforms that have copied NEO's successful formula, but haven't implemented it yet (VEN), NEO actually already has this up and running right here and now!

    The safest way of generating GAS is by holding the NEO in your wallet. You don't have to stake it or anything. Your pc can be off, your wallet closed. You just hold NEO and automatically generate GAS. Please note that if you want to withdraw the NEO from an exchange to a wallet you can only withdraw full integers. So instead of for example 1.6 NEO you can only withdraw 1 NEO. Don't mess this up, as decimals will be lost. Also take withdrawal fees into account when you transfer (Kucoin and Binance have no withdrawal fees for NEO and GAS). Network fees are totally free and transactions speeds are about 25 seconds.

    You can also keep your NEO on either Binance or Kucoin. Both exchanges pay out GAS dividends. Kucoin does this daily, Binance monthly (on day 2 of the month). The advantages of holding NEO on the exchange is that you can then easily trade it if you like and you can hold decimals (so for example 1.6 NEO), which is not possible in your wallet. The big disadvantage is that coins / tokens on exchanges are never truly owned by you, as the exchange could get hacked or close down your account for no apparent reason.

    To close off: you may wonder how lucrative the NEOGAS interest is. Let me tell you; quite lucrative and it's getting more lucrative as GAS generation is increased due to lower block times. Currently 6 NEO will give you 1 GAS a year approximately at 20 second block times. That's about an 8% interest rate just for holding NEO (beats having money in the bank) In the near future block times are expected to go down to 15 seconds per block, giving you more GAS. In the end NEO's vision is to have 5 second block times, which would do wonders for your GAS pay outs. To see the actual generation rates, check the site neotogas.com

    Hope this helped! Please don't hesitate to ask questions below, I'm happy to help.

    submitted by /u/SilvionNight
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    Its not a Moon-Lambo, but thank you /r/Cryptocurrency!

    Posted: 29 Jan 2018 06:05 AM PST

    Caution: Binance mods remove all posts on their sub relating to High Withdrawal Fees!!

    Posted: 29 Jan 2018 11:48 PM PST

    Binance is earning huge money off our withdrawals, currently ETH withdrawals stand at 0.01 ETH, i.e. 12$ ! Wtf. Many users posted this on their sub, and they immediately deleted all posts relating to high withdrawals. Poor!

    submitted by /u/GanpatiBappaMorya
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    Moon Boy Starter Pack

    Posted: 29 Jan 2018 08:50 PM PST

    Vechain in talk with Guggenheim? Global investment firm. (zoom in on napkin)

    Posted: 30 Jan 2018 02:19 AM PST

    Human stupidity is the only unlimited resource and this genius coin found a way to monetize it! Proof of Weak Hands Coin.

    Posted: 29 Jan 2018 11:25 PM PST

    New Coca Cola Kid Tweet regarding VeChain!

    Posted: 30 Jan 2018 03:32 AM PST

    Elixir devs continue chugging away at their roadmap - alpha network development and progress on the mobile app.

    Posted: 29 Jan 2018 07:58 PM PST

    Waltonchain partners with China Telecom (China's largest telecom and owned by the Chinese Government)

    Posted: 29 Jan 2018 07:37 AM PST

    Fortuna (FOTA) partnership with International Center of Islamic Economy and Prince of Dubai

    Posted: 30 Jan 2018 12:47 AM PST

    Lets clear out some Oyster Pearl FUD

    Posted: 29 Jan 2018 01:35 PM PST

    Everybody want to buy lambos with their profits, I chose something a little more practical.

    Posted: 29 Jan 2018 04:32 PM PST

    Robinhood is AMAZING!

    Posted: 29 Jan 2018 07:50 AM PST

    So I was accepted into the early access for Robinhood. I linked my bank account and was immediately asked if I would like to perform an xfer. I decided to throw $100 bucks over there just to see what would happen. AS SOON AS I CLICKED "TRANSFER" THE MONEY APPEARED AS AVAILABLE FUNDS. Ya...see ya coinbase. No more 7-10 day waits. Just thought I would share.

    EDIT- In FEB you will be able to buy BTC and ETH - The app also monitors the following coins: BTC, ETH, XRP, BCH, LTC, QTUM, ETC, XLM, NEO, ZEC, XMR, DASH, BTG, LSK, OBG, DOGE. No clue on what they are adding in the future or when, however, I do find it interesting that they only monitor those coins...curious if those are ones that they will be adding as time goes on.

    submitted by /u/Machinegamer
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    Presenting ICON's (ICX) first Annual Summit in Seoul – The Genesis

    Posted: 29 Jan 2018 11:29 AM PST

    Our Cryptocurrency A.I Experiment

    Posted: 29 Jan 2018 06:07 PM PST

    Bitconnect Guy Carlos Matos is Back! Not again.

    Posted: 29 Jan 2018 11:05 AM PST

    THEKEY government partnership bringing 38 million customers in North Eastern China.

    Posted: 29 Jan 2018 09:15 PM PST
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