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    Cryptocurrency Daily General Discussion - February 24, 2018

    February 24, 2018

    Cryptocurrency Daily General Discussion - February 24, 2018

    Daily General Discussion - February 24, 2018

    Posted: 23 Feb 2018 10:12 PM PST

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    submitted by /u/AutoModerator
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    Introducing NanoTwit.ch - Nano donations for Twitch

    Posted: 24 Feb 2018 12:17 AM PST

    You'll never understand how incredibly freaking happy this makes me - Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model

    Posted: 23 Feb 2018 07:59 AM PST

    What is ICON (ICX)? "A decentralized applications platform with the additional feature of interlinking various blockchains. It uses a unique Loop Fault Tolerance (LFT) algorithm as a consensus mechanism". Probably the most robust and detailed article about ICON I've seen, shared by the ICON team.

    Posted: 23 Feb 2018 06:25 PM PST

    Malaysia’s Central Bank: The public will decide Cryptocurrencies’ Future

    Posted: 24 Feb 2018 12:20 AM PST

    What happens to our coins when we die?

    Posted: 23 Feb 2018 03:59 PM PST

    Now I accept Bitcoin Litecoin & Ethereum as additional payment method on my online store. �� #PayWithCrypto #PayWithLitecoin �� Curious to see how this will go ✌��

    Posted: 24 Feb 2018 12:18 AM PST

    I built a tool that tracks the most discussed/shill-ed coins on /r/cryptocurrency and 4chan!

    Posted: 23 Feb 2018 11:51 AM PST

    Crypto Makes Up Only 0.17% of All Money Laundering Cases in Japan

    Posted: 24 Feb 2018 01:09 AM PST

    Another Bitconnect complaint filed naming Trevon Brown, Craig Grant, Cryptonick and others

    Posted: 24 Feb 2018 12:39 AM PST

    What is the purpose of BCH? and payment coins that are neither the #1, or #1 when it comes to fundamentals. No FUD, wondering why I Shouldn't sell those.

    Posted: 24 Feb 2018 01:06 AM PST

    Good saturday folks

    BTC core is coming out with LN. That is going to be extremely fast. (I Personally have no faith in it, but that is another topic).

    NANO has instant, no fees transactions. No fees!

    IOTA has about the same as NANO (though IOTA is currently under development).

    Could anyone then tell me why I should keep my BCH?

    I'm picturing a scenario 10 years from now. I'm going to sell my old 1080 TI card to my buddy for 10$. He comes over to my house, it checks out, and he asks me what I want to get payed with. I answer him "whatever, doesnt matter". Because with NANO it takes 2 seconds and its done. With BCH it takes 2 seconds for the transaction to reach the mempool and I don't need the confirmation for such low sum of money.

    But the next month, I'm selling my car. Since I was the crypto king in my town, its not just any car. Its the "Future car name here" that costs 50M $!

    Buyer comes by. Everything checks, and he wishes to pay. Logically, I would take NANO this time. I get the entire amount instantly. And he can take the keys and drive home.

    With BCH I would need at least 6 confirmations to trust such a huge sum of money to be valid transfered. He would have to come back later, or stick around playing video games with me until it was complete.

    So why BCH? (Or LTC, Monero, or X coin that falls between the most popular, and the best tech).

    What is the pros of BCH that overweighs the wait time?

    Hoping for a great answer.

    Have a nice weekend in the meantime.

    cheers

    submitted by /u/Jbergene
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    LOL These scammers have no shame XD

    Posted: 23 Feb 2018 04:01 PM PST

    Coinbase has officially launched SegWit support.

    Posted: 23 Feb 2018 09:35 AM PST

    Anyone else hodling because they don’t want to deal with taxes?

    Posted: 23 Feb 2018 04:29 PM PST

    I'm hodling so I don't have to worry about the taxes for trading crypto. I'll potentially sell in a year but I haven't capitalized on the shorting opportunities recently because of how annoying taxes can be. Anyone else hodling to be stress-free?

    submitted by /u/UnilateralDagger
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    Seems legit

    Posted: 24 Feb 2018 02:39 AM PST

    Oyster - CMO Hire, Infrastructure, and Testnet B Progress Update

    Posted: 23 Feb 2018 01:50 PM PST

    XRP: Cuallet finished pilot and goes live with XRP/Ripple!

    Posted: 23 Feb 2018 10:47 PM PST

    Paying Taxes on Crypto in Canada: Pay ONLY when you cash out

    Posted: 23 Feb 2018 08:25 PM PST

    I got a letter from Coinbase about how the IRS forced them to share all transaction data all the way back to 2013. This is the letter. Hope you paid your taxes.

    Posted: 23 Feb 2018 11:42 PM PST

    Former founder of AntShares (NEO), Hitters Xu, is doing an AMA tomorrow about his new project "Nebulas." Nebulas is nicknamed the "Google of Blockchain" because it will provide a search framework for all blockchains, but it's also a 3rd Gen Blockchain Platform with it's own unique features.

    Posted: 23 Feb 2018 05:38 PM PST

    State Bank of India: Blockchain technologies may terminate all traditional banking services and jobs by 2030

    Posted: 24 Feb 2018 02:09 AM PST

    Why does the address that Satoshi sent the first transaction to (genesis block) keep getting bitcoins?

    Posted: 23 Feb 2018 11:29 PM PST

    Was reading about the Genesis block and found that it sent to 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

    What is sending funds to that address?

    submitted by /u/TheUltimateSalesman
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    Microsoft: “Five years from now, we will have a commercial quantum computer“

    Posted: 24 Feb 2018 02:45 AM PST

    PSA to those about to FOMO

    Posted: 23 Feb 2018 04:53 PM PST

    Don't do it! That's all that really needs to be said but I know you'll want more reason than that.

    Treat the market like a carnival ride. When you see the ride moving, everyone on it is having a great time - it looks like the best time to jump on board. WRONG. No one jumps on a ride when it's moving, that's how you get decapitated. It will not end well for you no matter how much fun it appears everyone is having. What you want to do is wait for the ride to come to a complete halt and for everyone to get off. Sure, the ride might not look as exciting, and the fact not many people are getting on it now will fill you with some doubt and make you wonder if this ride is as fun as you really think it is. In these moments you need to remember how much fun you saw the other people having. Remember how much it made you want to enjoy that ride with everyone else. Or you can choose to wait. Until everyone piles on again. And the ride comes alive once more. To have you sitting on the sidelines watching all the thrills and spills, while you eye all the decapitated corpses and think to yourself, "If I just sneak one foot on at the right angle I could jusISHDIASHLFSPLAT-!"

    Wait for the ride to stop, or don't get on at all. It's not worth losing your head.

    submitted by /u/Brainwash_TV
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