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    Wednesday, February 21, 2018

    Cryptocurrency Daily General Discussion - February 21, 2018

    Cryptocurrency Daily General Discussion - February 21, 2018


    Daily General Discussion - February 21, 2018

    Posted: 20 Feb 2018 10:12 PM PST

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


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    Thank you in advance for your participation. Enjoy!

    submitted by /u/AutoModerator
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    Coinbase seed investor Gary Tan Getting his First look at Nano on Android!

    Posted: 20 Feb 2018 07:14 PM PST

    Some Say Cryptocurrencies Have no Value, Then I Remember....

    Posted: 20 Feb 2018 09:09 PM PST

    • Perfect control of your funds with no middle man
    • Contracts and applications without counter-party risk
    • Enhanced security (no central point of attack and spamming is expensive)
    • Micro transactions
    • Speed
    • Transfer cost reduction
    • Inflation protection
    • For merchants: no charge-backs
    • Running applications on a blockchain as a one stop shop without server and security requirements.
    • Digitization of identity
    • Digitization of assets
    • Smart logistics
    • Smart taxation
    • Transparent accounting
    • Notarization
    • File storage with unchangeable time stamps
    • Asset possession logs
    • Clearinghouse enhancement
    • Monetization and exchange of data
    • Voting
    • Capital raising with less friction than stock offerings
    • Investment diversification
    • Programmable trusts
    • Censorship free communication
    • Developing country banking
    • Decentralized Autonomous Organizations (done correctly)

    Luckily there are smart minds on both sides of the isle and people like the Winklevoss Twins and Michael Novogratz amongst others, see the potential. Notice that all the nay sayers are those tied to the old financial system who do not want to let go.

    As we as a society rely on these public ledgers more and more to transact with connections to the real economy, the full potential will be realized.

    submitted by /u/Trident1000
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    Amateurs

    Posted: 21 Feb 2018 01:51 AM PST

    Trevon James has over $1,000,000 in his Steem wallet, so I am posting this image as evidence as a record for the internet to remember forever, just in case he tries to tell the courts he lost all his money in BitConnect too like Craig Grant is claiming.

    Posted: 20 Feb 2018 03:47 AM PST

    Bitcoin's transaction fee nightmare is over (for now). Down from a high of $34 - to $0.78 cents today!

    Posted: 20 Feb 2018 01:49 PM PST

    Stellar (XLM) - The future of banking.

    Posted: 20 Feb 2018 03:09 PM PST

    It’s all green for OmiseGo (OMG) as it inks a deal with Thailand!

    Posted: 20 Feb 2018 12:57 PM PST

    Careful for scams. They’re getting on your phone now.

    Posted: 20 Feb 2018 07:22 PM PST

    Biggest Blockchain Project of 2018? ICON (ICX) | Missile of the Month

    Posted: 20 Feb 2018 11:13 AM PST

    (ARK) ACES Completes Integration of Ethereum Channels for Two-way Transfers and Contract Deployment Services. Plus Commentary on ARK ICOs.

    Posted: 20 Feb 2018 04:59 PM PST

    South Korea welcomes itself to Crytoworld - Gives green signal to Crytocurrencies

    Posted: 21 Feb 2018 01:23 AM PST

    Details of the shitshow launch that is the Petro scam ICO

    Posted: 20 Feb 2018 08:01 PM PST

    Jibrel Network (JNT) Has Been Listed On KuCoin

    Posted: 21 Feb 2018 02:42 AM PST

    Remember: if you're actually thinking in investing on the Venezuelan new cryptocurrency, not only there's a big chance you'll lose your money, you're supporting a dictatorship.

    Posted: 20 Feb 2018 06:38 AM PST

    Maybe it's already been discussed over here but it is the most bold faced cash grab ever created by a corrupt regime. It's not even possible to buy it in actual Venezuelan currency, take a guess. Just another shitty ICO.

    submitted by /u/lepensivepup
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    Oyster Pearl team releases Oyster Shell Whitepaper

    Posted: 20 Feb 2018 08:54 AM PST

    Sent 10,000EUR+ to Coinbase, Never Arrived In Account, Now Frozen Out. Advice Needed Please.

    Posted: 20 Feb 2018 03:32 PM PST

    I sent a deposit of over 10,000EUR to Coinbase (SEPA transfer - same details as before, double checked, totally correct). The deposit never arrived in my account - this is 2 weeks ago - so I raised a support ticket.

    I have received no reply, and I can't log in to my account as I have to 'Authorise New Device' by clicking a link in an email they send. Here's the thing: No email ever arrives, and it's not a new device either. I didn't delete any cookies or anything. I have no recourse through Coinbase apparently as all avenues have been closed. I can't get into my account to raise any tickets because the emails simply don't come through.

    It feels like I've been robbed of a decent chuck of money. What options do I have?

    All replies and advice will be greatly appreciated.

    submitted by /u/Nitromind
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    Let's talk about EOS

    Posted: 21 Feb 2018 03:07 AM PST

    I've been doing a fair bit of research on EOS. I originally had some difficulty. Due to this, I've come up with alist of pros & cons. I've tried to be as unbiased as possible while writing this. A small percentage (less than 3%) of my holdings are in EOS.

    Just like any coin-focused subreddit /r/EOS is very positive & bullish on EOS, so I found it too biased to DYOR. (as expected, most dedicated coin subreddits are fairly biased)

    First, a bit of background.

    Similar to Ethereum, EOS is a platform for the development of dApps. The goal is to combine the benefits of other platforms together, resulting in an huge opportunities for scaling. EOS wants to lower the barrier of entry for devlopers seeking Blockchain solutions.

    Pros:

    1. Combines Bitcoin's security & the computing support of Ethereum into one stable, efficient platform.

    2. EOS has integrated parallel processing. This is really big for future proofing the coin. This is the reason why people think EOS having a speed of 100,000 TPS isn't too far fetched.

    3. A use of the token. So many ICO's have no anticipated use for their token. For a developer to deploy an app on the EOS Blockchain, they must hold a number of EOS tokens. This will create a demand for the token, increasing it's value.

    4. Like Ethereum's ERC20, EOS allows new tokens to run on the Blockchain.

    5. Unlike Ethereum, EOS has no fees. This increases it's adopt-ability potential. Block producers are paid in EOS to produce blocks instead.

    6. Adoption by major players is already occurring, BitFinex launching decentralized exchange: EOSFinex, built on the EOS Blockchain. Wikipedia's Co-Founder (Dr. Larry Sanger) is the CIO of Everipedia. A decentralized encyclopaedia based on the EOS Blockchain.

    7. Created by Dan Larrimer, with a a track record of successful projects behind him. Daniel also founded Steemit & Bitshares.

    Cons:

    1. ETH has the first mover advantage in the smart-contract ecosystem. Systems have already been built on top if it. Will be difficult to convince developers to make the switch.

    2. The ICO distribution model isn't well thought out, although there are reasons for it, having a year long ICO doesn't inspire trust. (Sidenote, this distribution method slows down whales collection big stacks of EOS, reducing centralization.)

    3. Development isn't finished - I expect this point to be moot in the next few months, the team is working hard, although for now there isn't yet a working product, as a result, I believe currently it is undervalued.

    What do you think? I'm sure I missed some things, please do correct me if I'm wrong.

    submitted by /u/goodtimes822
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    Self inflicted poverty

    Posted: 20 Feb 2018 07:45 AM PST

    Nanex exchange creator dissects Firano's responses to questions about BitGrail

    Posted: 20 Feb 2018 09:27 AM PST

    Coinbase announces 100% SegWit integration by “mid next week”

    Posted: 20 Feb 2018 09:56 AM PST

    It’s like a family... First big daddy BTC goes and when its safe, the family follows.

    Posted: 20 Feb 2018 12:43 PM PST

    Filipinos could now buy BTC, XRP, ETH, BCH, & LTC using PHP.

    Posted: 20 Feb 2018 10:09 PM PST

    Diamonds are the original shitcoin

    Posted: 20 Feb 2018 06:20 AM PST

    Diamonds are the original shitcoin. Nobody knows where they come from, what they're worth, and they're all pre-mined. Cartel companies encourage you to hodl for a lifetime- they insist "a diamond is forever". Every engagement ring makes the buyer a bagholder. And there is no exchange to sell them on- if you're lucky enough to find a buyer, you lose*(from loose) half the value immediately. Plus, they have had 75 years of advertising shilling for them, in every facet of popular culture.

    Furthermore, diamonds have been complicit in government coups, humanitarian violence, child slavery, and ecological & environmental disaster. The movie "Blood Diamond" and the song "Diamonds from Sierra Leone" are good examples of the turmoil created by the diamond industry. If you'd prefer to hang on to your capital and use a factory made diamond backed by your investment, check out https://ouroborostoken.com/

    submitted by /u/twistedlimb
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    As Korean prices start running away, there is a chance that CMC will again delist Korean exchanges. Be aware of this before it happens.

    Posted: 20 Feb 2018 02:39 PM PST

    Wtf you Doge lovers

    Posted: 20 Feb 2018 07:40 PM PST

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