• Breaking News

    Thursday, February 1, 2018

    Home Unlabelled Cryptocurrency Daily General Discussion - February 1, 2018

    Cryptocurrency Daily General Discussion - February 1, 2018

    February 01, 2018

    Cryptocurrency Daily General Discussion - February 1, 2018

    Daily General Discussion - February 1, 2018

    Posted: 31 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 The prior exemption for karma and age requirements is no longer in effect.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.

    Resources and Tools:

    • To view live streaming comments for this thread, click here. Account permissions are required to post comments through Reddit-Stream.com.
    • Click the RES subscribe button below if you would like to be notified when comments are posted.
    • Consider checking out our Weekly Skeptics Thread for discussion focused solely on critical analysis. Click here and select the latest thread on the search listing.

    Thank you in advance for your participation. Enjoy!

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

    Weekly Skeptics Thread - January 28, 2018

    Posted: 27 Jan 2018 10:13 PM PST

    Welcome to the Weekly Skeptic's Thread.

    The goal of this thread is to go against the norm and bring people out of their comfort zones by focusing on critical discussion only. It will be posted every Sunday and prioritized over the Daily General Discussion thread.

    Guidelines:

    • Share any uncertainties, shortcomings, concerns, etc you have about crypto related projects.
    • Refer topics such as price, gossip, events, etc to the Daily General Discussion thread.
    • Please report promotional top-level comments or shilling.
    • Consider changing your comment sorting around to find more criticial discussion. Sorting by controversial might be a good choice.
    • Share links to any high-quality critical content posted in the past week which was downvoted into obscurity. Try searching through the Skepticism search listing to find this kind of content.

    Rules:

    • All sub rules apply in this thread.
    • Discussion topics must be on topic, ie only related to critical discussion about cryptocurrency. Shilling or promotional top-level comments will be removed. Violations of this rule could result in temporary or permanent ban.
    • Karma and age requirements are in effect here.
    • Simple comments giving the current composition of you portfolio, asking for financial adivce, or stating that you sold X coin for Y coin(shilling), will be removed. Please help report these comments.

    Resources and Tools:

    • Click the RES subscribe button below if you would like to be notified when comments are posted.
    • Consider reading or contributing to r/CryptoWikis. r/CryptoWikis is the home subreddit for our CryptoWikis project. The objective is to give equal voice to pro and con opinions on all coins, businesses, etc involved with cryptocurrency.
    • 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/AutoModerator
    [link] [comments]

    6 months ago I quit my job... 100,000 lines of code, 2 apps (native iOS & Android) and 1 product later, I'm eager to share with you my dream, Cryptonomy

    Posted: 31 Jan 2018 06:18 PM PST

    No ban on Crypto in India. Finance Minister Arun Jaitley reiterates Governmen't stance.

    Posted: 01 Feb 2018 02:17 AM PST

    Oyster Protocol Testnet is live!

    Posted: 31 Jan 2018 09:45 PM PST

    Beware of the oncoming India FUD.

    Posted: 01 Feb 2018 12:23 AM PST

    India is not Banning Cryptocurrencies - Stop this FUD

    Posted: 01 Feb 2018 02:42 AM PST

    Mooning in January

    Posted: 31 Jan 2018 04:31 AM PST

    RaiBlocks rebrand to Nano

    Posted: 31 Jan 2018 07:04 AM PST

    Today is the day Indian Govt is gonna legalize Crypto (To the moon) in 4 hours [Stay Tuned]

    Posted: 31 Jan 2018 06:35 PM PST

    Guys I have some good news that can double prices (From Feb 1)

    As you all know India didn't have clear rules regarding CryptoCurrency, Financial Minister used vague terms like "not legal tender", "as of now" etc and always discouraged investors and warned them not to invest due to legal,market risks. There are number of millionaires and Billionaires who is interested in investing Crypto but didn't invest because of this risk of banning and But recently Country's richest man started assembling team to start his own coin JioCoin (This is the first ICO plan by any trusted businessmen) He's well known for having good relationship with current Govt. He wouldn't have started this coin if Govt had plans to ban this.

    And what really confirms this theory is Ministry of Corporate Affairs asked countries Accounting body(ICAI) to study accounting standards related to Crypto Currencies (Source: http://www.financialexpress.com/market/icai-to-carry-study-on-cryptocurrency/1031040/lite/ )

    All Finance and Taxation related changes takes place in country only once in a year during annual Union Budget which will be on 1st February every year. News sources also confirmed Govt will give clarity on Virtual Currencies (Crypto currencies) this budget. Above two factors confirm That Govt will surely legalize crypto in near future, probably on 1st February

    This is huge... Cryptos always sell at premium (Because very few Indians have credit card that support international payments) If Govt legalize then companies can buy from international exchanges and sell it in the country, it'll be win win situation.

    Stay tuned... On Feb 1st If Govt Legalize crypto we'll reach moon I'm 100% sure this will happen, Thank you

    submitted by /u/Mikeross14
    [link] [comments]

    ICON announces partnership with massive billion dollar Korean gaming company Smilegate

    Posted: 31 Jan 2018 06:15 PM PST

    ICON announced a partnership with Smilegate, a South Korean gaming company worth several billion dollars and creators of Crossfire, the world's most popular FPS game with a userbase of 650 million players.

    ICON is partnering with Smilegate to develop Stove, which Smilegate has described as a "next generation global social game platform" that will be run on the ICON blockchain. Smilegate is owned by South Korea's richest man, Kwon Hyuk-Bin, who made his fortune with the gaming company.

    https://www.smilegate.com/en/SERVICE/STOVE.asp

    https://blokt.com/news/thoughts-impressions-and-bonus-info-from-icons-first-annual-summit

    https://medium.com/helloiconworld/icon-annual-summit-the-genesis-a-quick-summary-448d3e5d7016

    https://www.forbes.com/sites/gracechung/2015/09/23/online-hit-game-crossfire-mints-south-koreas-richest-self-made-billionaire/#9d2eda7d1869

    https://en.wikipedia.org/wiki/CrossFire_(video_game)

    submitted by /u/stardawg777
    [link] [comments]

    ICX announces new partners, joins hands with Bloomberg and Forbes

    Posted: 31 Jan 2018 11:41 PM PST

    Hello! Wanted to share an immersion cooled installation we have built for 36 Antminers. It is a dielectric fluid cycling through a heat exchanger cooled by running water. Took my first shower heated by a Miner and it felt so right ��

    Posted: 01 Feb 2018 01:01 AM PST

    Surviving Dip after Dip after Dip.

    Posted: 31 Jan 2018 08:28 PM PST

    Bittrex CEO: “We will have US Dollar Trading”

    Posted: 31 Jan 2018 10:47 PM PST

    At What Price Will Your Favourite Crypto Have the Same Market Cap as Bitcoin?

    Posted: 31 Jan 2018 07:28 PM PST

    OmiseGO primed for 2018! A breakdown of what we know.

    Posted: 31 Jan 2018 03:29 PM PST

    I have been very focused on OMG for a while now and jotting down the interesting bits in wordpad whenever I read an article, listened to a podcast, watched talks/meetups and found something worth noting. I managed to clean it up a bit and format it for reddit the best I could after getting all the new information from the Town Hall Q&A last night. As talking about each point would make this 30 times longer to go through I tried to simplify it but there is much more information to OMG than just this and if you haven't looked into it yet I think you should.

     

    Omise/Omisego origins and involvement in Plasma Development

    • Omise is a payment processing company started in 2013 and is now making the move to the blockchain
    • Omise's entire existing userbase will be supported by Omisego
    • Omise has over 50,000 merchants and over 420 million customers (some seen here)
    • Featured on cover of Forbes Thailand in October 2016 as "Fintech Rockstars"
    • Omise awarded the Digital startup of the year award in 2017 by Thailands Prime Minister
    • Thailand ministry of finance intergrated Omise Facepay technology
    • Blockchain lab created in 2015
    • Involved in Plasma development before its public announcement
    • Merchant volume of over $30 Billion from only what we know about
    • First to run Plasma and will provide scaleability to Ethereum
    • Wallet/SDK is open source and white label allowing any business or financial entity to use the network without a formal partnership (Anyone from a local bakery to Paypal and Visa could use the network simultaneously)
    • Staking rewards for validating transactions paid out in your choice of coin *May be limited choices
    • Dex that will provide crosschain transfers to any coins and provide cash in/out services
    • Currently working with many people on the development of plasma/omg including Joseph Poon, Vitalik, David Knott (Now an OMG Dev), Karl Floersch and more
    • Plasma to allow 1 million TPS from the start and theoretically scale to billions
    • Wallet release in Q1 with "conglomerate" integration within a month of release
    • Staking available in Q2
    • DEX TBA (See town hall info below)

     

    Advisors

    • Thomas Greco (Special Advisor) Advisor to the Interchain Foundation developing Cosmos Network, the Web3 Foundation developing Polkadot, and has previously served as an advisor to the Ethereum Foundation.

    • Vitalik Buterin (Proof-of-Stake Research: Scalability, Safety, Privacy and also Involved in development of Plasma) Founder of Ethereum

    • Joseph Poon (OmiseGO Principal Author and also Involved in development of Plasma) Lightning Network Co-Author

    • Karl Floersch (Proof-of-Stake Research: Cryptoeconomics, AI Ethics, Implementation and also Involved in development of Plasma) Casper (Ethereum) Researcher

    • Roger Ver (Decentralization Advisor, Human Rights Advocate) CEO of bitcoin.com, First Major Backer of Earliest Crypto Startups

    • Dr. Gavin Woods (Consensus Technology Research, Development and Utilization) Co-Founder of Ethereum, Founder of Parity & Polkadot

    • Jae Kwon (Proof-of-Stake Research - BFT Consensus, Speed, Interoperability) Creator of Tendermint, and Cosmos Network

    • Vlad Zamfir (Proof-of-Stake Research: Economic Security, Consensus Protocols, Correct-by-Construction Protocols) Casper (Ethereum) Research Lead

    • Martin Becze (Scalability research: eWASM, VM's, microkernels) eWASM (Ethereum Web Assembly) creator

    • Julian Zawistowski (Decentralised Economics Enthusiast) Founder of Golem

    • Ayako Miyaguchi (Regulatory Relations, Financial Inclusion, Crypto Social Impact) Former MD Kraken Japan, Founder of Japan Blockchain Association, Board member of Japan Fintech Association

    • Pandia Jiang (Community Relations, Crypto-Business Advisor) Founder of LinkTime

    • Ash Han (Distributed Economy, A combination of Crypto, Finance, and Technology) CEO of Finector, Co-founder of Cosmos, Angel Backer and Blockchain Evangelist

    • Prof. David Lee Kuo Chuen (Financial Inclusion, Microfinance) Professor of Quantitative Finance, Singapore University of Social Sciences

     

    Lots of ties to big players in the financial and business industry since Omise started years back but for Omisego specfically it would be including but not limited to investments and partnerships from

    • MUFG Mitsubishi United Financial Group (2.4 trillion in total assets and invested into Omisego under subsidary Krungsri aka Bank of Ayudhya)
    • True Money (processes >4 billion usd across 6 countries)
    • SBMC (2nd largest bank in Japan)
    • Credit Saison (Third largest credit card company in Japan)
    • Ascend Capital (owns AliPay)
    • McDonalds Thailand
    • SBI Holdings
    • SMDV
    • Toppan Printing
    • Golden Gate Ventures
    • East Ventures
    • 500 Startups
    • More unknown partnerships due to NDA's
    • Have met with Greylock (owners of Coinbase and more, more information currently undisclosed) *No official word of partnership
    • Jun has stated on twitter they are ~"Building relations / connecting 15 different financial institutions across 4 regions and more than 1000+ dev contributors involved"

     

    More recent information from the "Town Hall Q&A 0x1" hosted Jan 30th on YouTube

    • Sdk open beta end of February
    • Talking with banks, merchants, hardware partners under NDA (Also mentioned in crowdsale document)
    • Vitalik, Joseph Poon, David Knott, Karl Floersch completed MVP (minimum viable plasma) during a short retreat late last year
    • DEX internal release milestone completed with blockchain running
    • DEX design complete starting to build on blockchain
    • Next milestone is internal testnet deploying nodes and connecting Plasma/omg nodes to ETH testnet
    • Plasma possible "much earlier" than first expected (most likely due to MVP breakthroughs)
    • Plasma final revision will be the same framework as MVP with additional features added as time goes on
    • SDK and Licensing open source under Apache 2.0 no fees to start building on the Omisego/plasma network
    • Working with strategic partners to issue FIAT backed tokens and cash in/out points(atms?).
    • Website redesign coming with an added community hub
    • Transactions nearly instantaneous on plasma, block time yet to be determined
    • Staking will be open and fair to everyone, they are taking measures against whales controlling the network
    • Omisego Advisor Ayako Miyaguchi will be the Executive Director at the Ethereum Foundation effective Feb. 1st
    submitted by /u/Beastly4k
    [link] [comments]

    Cryptonick just deleted his Twitter and is in the process of deleting all of his YouTube videos. Seems extremely suspicious.

    Posted: 31 Jan 2018 06:35 PM PST

    Waltonchain on China.com

    Posted: 31 Jan 2018 07:11 PM PST

    Ethereum and Bitcoin appear to be separating. ETH is in a 14 day uptrend while BTC is still in a 25 day downtrend.

    Posted: 31 Jan 2018 06:35 AM PST

    Ethereum and Bitcoin appear to be separating. ETH is in a 14 day uptrend while BTC is still in a 25 day downtrend.

    Historically these two have been joined at the hip.

    Many people have been waiting for ETH to separate and stand on it's own. Obviously they are still closely tied but it's good to see ETH create some separation from BTC.

    It's not only good for ETH but for the entire market.

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

    Crypto in January

    Posted: 01 Feb 2018 01:26 AM PST

    First Restaurant accepting XLM as Payment!

    Posted: 31 Jan 2018 08:50 AM PST

    Rai.Exchange/Nanex has finally launched

    Posted: 31 Jan 2018 07:26 AM PST

    VeChain partners with iTaotaoke, an online self-publishing content platform, to establish fairness and accountability for content creators on a digital copyright protection platform

    Posted: 31 Jan 2018 09:33 AM PST

    Co-founder and CEO of Twitter: We Support Bitcoin; It Is A Path Towards Greater Financial Access For All

    Posted: 31 Jan 2018 09:59 AM PST

    At What Price Will Your Favourite Crypto Have the Same Market Cap As Bitcoin? (New Longer List)

    Posted: 31 Jan 2018 07:46 PM PST

    DeepBrainChain(DBC) will be presenting alongside Google, Nvidia, and IBM at the decentralized ai summit.

    Posted: 31 Jan 2018 08:36 PM PST
    Read more
    at

    No comments:

    Post a Comment