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    Cryptocurrency Daily General Discussion - February 26, 2018

    February 26, 2018

    Cryptocurrency Daily General Discussion - February 26, 2018

    Daily General Discussion - February 26, 2018

    Posted: 25 Feb 2018 10:16 PM PST

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    submitted by /u/AutoModerator
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    Withdrawal fees have been reduced by 25% on Binance

    Posted: 25 Feb 2018 04:52 PM PST

    ICX wallet is now live!

    Posted: 25 Feb 2018 08:12 PM PST

    To cheer you up...

    Posted: 25 Feb 2018 10:34 AM PST

    Do you have Doge?

    Posted: 25 Feb 2018 08:03 PM PST

    Nano android beta wallet is now instant approving

    Posted: 25 Feb 2018 03:09 PM PST

    I don't know how long but right now you don't need to send email and wait.

    You just have to click at the link below to get yours

    https://play.google.com/apps/testing/co.nano.nanowallet

    Ps: this is a beta wallet and make sure you back up your seed. It's the only way to log in

    IMPORTANT: do not test with high amounts

    submitted by /u/nelito30
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    Email leak debunks reports of IOTA cryptographic vulnerabilities | finder.com.au Australian Press about the leaks

    Posted: 26 Feb 2018 03:02 AM PST

    Or your crypto portfolio

    Posted: 25 Feb 2018 09:45 PM PST

    What are your thoughts about march? Will it be the march of Bulls or still Bears destroying the market...

    Posted: 25 Feb 2018 11:32 PM PST

    Can somebody tell me in clear terms why Tron is a shitcoin?

    Posted: 25 Feb 2018 08:42 PM PST

    Hey all, so I'm a human being just like all of you, and I'm subject to certain errors in judgement. I see the crowd say something sucks and before you know it, I'm one of the ones chanting "burn her at the stake!" with my pitchfork as well.

    I just read a summary of what Tron was trying to achieve and it actually sounded pretty cool. A decentralized youtube/spotify? That's actually pretty badass. Is it just that others are doing it too? Is it because the creator is an idiot? Is it because their technology is shit? Why is Tron a shitcoin? Because it looks kinda cool IMO.

    submitted by /u/sargentpilcher
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    Bittrex updates terms of service. "THE ARBITRATION CLAUSE IN SECTION 18 GOVERNS RESOLUTION OF CERTAIN DISPUTES AND WAIVES ANY RIGHT TO TRIAL BY JURY OR TO PARTICIPATE IN A CLASS ACTION." Is that even legal?

    Posted: 25 Feb 2018 09:38 PM PST

    Justin Sun announcing an announcement for an announcement...when does it end?

    Posted: 26 Feb 2018 01:53 AM PST

    Why do people respect Weiss Ratings? Look at these cringeworthy emails they send

    Posted: 25 Feb 2018 04:30 PM PST

    Weiss has steadily earned press among the crypto community for scoring coins as if they were 1st grade homework papers, which is telling enough, but you really need to see what their corporate communications look like. Do not give these clowns the time of day.

    Subject: Will this bring down social media as we know it?

    Dear Investor,

    My head is spinning.

    This morning, I spoke to two cryptocurrency experts who will join me for our Emergency Cryptocurrency Briefing this coming Wednesday, February 28.

    If what they told me is true, Mark Zuckerberg and Facebook shareholders should be scared out of their wits.

    They told me there's a dire threat to Facebook's entire business model. Facebook could become obsolete, replaced by the same technology that burst onto the world stage with the rise of Bitcoin.

    And they also explained how to make a LOT of money from this trend.

    I insisted that they explain exactly why and how at our Wednesday briefing. You NEED to hear this for yourself.

    If you thought cryptocurrencies are just a new form of money, think again.

    Banking. Social media. Email. Even entire governments. All could be broadly disrupted by cryptocurrency technology.

    And investors who get involved now can profit handsomely from this sweeping paradigm shift.

    If what I just said sounds like Chinese, I get it. It's taken me quite a while to completely wrap my head around it too.

    That's one of the reasons I put together our Emergency Cryptocurrency Briefing.

    Investors need to hear – in plain English – the ins and outs of cryptocurrencies and the massive implications.

    That way, you can get all the facts and decide for yourself if this is a space you want to invest in.

    And in addition to a bit of "Crypto 101," my team and I will defend our C+ Bitcoin rating from a long-time Bitcoin veteran who will hold our feet to the fire. Plus, we will:

    Name the 3 cryptocurrencies currently at the very top of our rankings and how to play them. Warn you about 5 popular cryptocurrencies to avoid. Give you the 7 questions you need to ask before you buy any cryptocurrency. Show you how our Bitcoin rating could have helped you avoid devastating losses in recent weeks. Reveal the breakthrough cryptocurrency strategy that could have turned $10,000 into $599,512 since January 2017, over seven times better than Bitcoin.

    submitted by /u/ChampramBenjaporn
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    Petro was created so venezuelan goverment can continue stealing the country's resources.

    Posted: 25 Feb 2018 10:32 AM PST

    To truly understand the Petro you must understand the currency exchange control first.

    Currency exchange control has been in practice for more than a decade in Venezuela, it means that venezuelans can't trade bolivares for any currency and don't have access to dollars, euros, etc unless the goverment sell them to the people or the people finds them in the black market

    At first the goverment sold some dollars to the people, like 400 for a year to purchase on internet, 3000 if you travelled, but for some years the chance of getting dollars from the goverment is almost zero for regular people.

    Because they usually gave those dollars to themselves by using fake companies, fake projects, etc.

    So the goverment says that the value of the dollar is 6 and keeps that value for years, while the black market value rises and reaches 90, then some person linked to the goverment receives 1000 dollars for a fake project where he pays 6 bs per dollar and then the same day that person sells those dollars on black martket at 90.

    For the people wondering how Venezuela, rich in oil, is at default, thats the explanation, its pretty simple actually.

    They have been doing this for so much time that the dried venezuelan reserves while the people gets zero dollars and we get inflation rates of 10.000% ten thousands every two years.

    So what happened?, USA banned Venezuela from using dollars in that tarde to stop the goverment to keep bankrupting the country and it worked as its not the same with other currencies, goverment coudnt use the currency exchange scheme anymore as they tried with rupees and yuans but it didnt work, for some months at least.

    So they created the Petro

    The Petro can't be farmed, it must be obtained by the very system that they used to assign dollars with the currency exchange control, but on top of that, it cant be bought with bolivares, they are trying to exchange dollars for Petros and then resell those dollars on the black market by using the same corrupted methods as before.

    The Petro sole reason is to circunvent the US prohibition of using dollars in Venezuelan trades, so now they will still be able to use Petro to get cheap dollars for themselves and then will sel those on the black market again.

    As a final word, its totally illegal by constitution for any goverment in Venezuela to sell natural resources, but since they went full throttle dicatorship they don't care about the constitution anymore, they are backing up Petro with oil reserves, that cannot be done by law, Petro have been declared illegal by the parliament but the dictatorship nulled the parliament long ago because it was of opposition majority.

    submitted by /u/Rohade
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    Attention NEO holders: airdrop ONT tokens for all NEO holders on 1 March 2018

    Posted: 26 Feb 2018 01:50 AM PST

    On 1 March 2018 all NEO owners will receive an airdrop of the Ontology (ONT) token. The rate is 0.2 ONT per 1 NEO, of which 0.1 ONT will be available from the moment of the airdrop and 0.1 ONT will be locked and released when the Ontology main net is launched (roadmap says: Q2 2018).

    Sweet! Free tokens! But wait, what is Ontology?

    Ontology is a newly developed blockchain that was initiated by Onchain, the company behind NEO. As such Ontology will be part of the NEO ecosystem. A big part of the ONT tokens will be managed by the NEO Council. According to the NEO website Ontology is "[…] a next-generation multi-chained public chain infrastructure platform initiated by Onchain, a leading blockchain technology company in China. It is also a common platform that supports a decentralized trust ecosystem."

    Al right, so how do I receive the airdrop?

    By holding your NEO in your wallet you will automatically receive the airdrop. You don't have to do anything. Examples of good NEO wallets are the NEON wallet designed by CoZ or the neo-gui wallet designed by the NEO Council. The exchanges Kucoin and Binance also support the airdrop, but the other exchanges don't.

    What are the important dates to keep in mind?

    The snapshot of the NEO blockchain will be done at block height 1974823. This will take place on 1 March 2018 at around 5 am Pacific Time. 50% of the airdrop will subsequently be delivered to your wallet in the first weeks after 1 March. The other 50% (the locked one) will be unlocked when Ontology main net launches.

    Where can I find more information?

    You can visit the NEO website with detailed information, including links to the Ontology website, here: https://neo.org/blog/details/3061

    You can also visit the NEO subreddit where a lot of NEO enthusiasts are more than willing to answer any questions you may have or discuss this topic.

    submitted by /u/SilvionNight
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    Bounty0x spotlight article —Trial Token

    Posted: 25 Feb 2018 11:27 PM PST

    Why the whole banking system is a scam!

    Posted: 25 Feb 2018 10:39 AM PST

    From the 7 minute mark....Mcaffee seems coked out of his mind

    Posted: 25 Feb 2018 04:48 PM PST

    Blockchain ad by IBM shown during the English Cup Final today. I was so excited.

    Posted: 25 Feb 2018 11:48 AM PST

    We need so much patience ATM... WOW

    Posted: 25 Feb 2018 05:54 AM PST

    Not serious. But something to think about

    Posted: 25 Feb 2018 05:11 PM PST

    Bitcoin Price Falls to $9,400 But Monday Promises Recovery As Altcoins Outperform Bitcoin

    Posted: 26 Feb 2018 02:03 AM PST

    Koinex ( Indian crypto exchange ) just surpasses binance in REQ 24hours trade volume

    Posted: 25 Feb 2018 07:28 AM PST

    CoinDash Hacker Inexplicably Returns Another 20,000 ETH Days Before Platform Launch

    Posted: 25 Feb 2018 09:05 PM PST

    21st Century Pyramid Scheme: How Blockchain Technology Is Reinventing An Old Con

    Posted: 25 Feb 2018 01:10 PM PST
    Read more
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