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    Cryptocurrency Weekly Skeptics Discussion - February 25, 2018

    February 25, 2018

    Cryptocurrency Weekly Skeptics Discussion - February 25, 2018

    Weekly Skeptics Discussion - February 25, 2018

    Posted: 24 Feb 2018 10:13 PM PST

    Welcome to the Weekly Skeptics Discussion thread. The goal of this thread is to go against the norm by bringing people out of their comfort zones through focused 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. For example, giving the current composition of your portfolio, asking for financial adivce, 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.
    • 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
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    Daily General Discussion - February 25, 2018

    Posted: 24 Feb 2018 10:13 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
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    Crypto be like

    Posted: 24 Feb 2018 01:12 PM PST

    Guilty as charged...

    Posted: 24 Feb 2018 02:53 PM PST

    Volkswagen announces cooperation with IOTA

    Posted: 24 Feb 2018 11:14 AM PST

    Debunking the ‘IOTA Vulnerability Report’

    Posted: 25 Feb 2018 01:39 AM PST

    A former high-flying JPMorgan trader says banks “have absolutely failed to innovate in any way, shape, or form and now they’re paying the price” in the cryptocurrency market.

    Posted: 24 Feb 2018 12:43 PM PST

    Huge: Putin just endorsed Blockchain and Cryptocurrencies.

    Posted: 24 Feb 2018 07:14 PM PST

    Shill or FUD any top-100 marketcap coin - I'll provide the opposite!

    Posted: 24 Feb 2018 08:31 PM PST

    After seeing the thread about the "Top 10 most Shitcoin coins", I saw a lot of misinformation and a lot of people not understanding the coin they were shitting on (and some people managed to shill their coin there, wtf?)

    Anyways, as someone who's fairly well versed in all top 100 coins I can Shill/FUD any of them - So if you love your coin, post what's great about it! If you hate a coin, post what's so bad about it! I'll get you the other side of the story.

    Go!

    EDIT: My gf just announced she's coming over unexpectedly, I have to go! Please continue shilling/fuding without me!!

    submitted by /u/OsrsNeedsF2P
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    Full Emails Of Ethan Heilman And The Digital Currency Initiative With The IOTA Team Leaked

    Posted: 24 Feb 2018 01:48 PM PST

    Top 10 Cryptocurrencies by Market Cap (Jan 2014 - Jan 2018)

    Posted: 24 Feb 2018 09:16 AM PST

    PSA LitePay is scheduled to be released in two days, (Feb 26.) LitePay enables users to spend Litecoin through a Visa card, and allows retailers to accept payment through Litecoin world-wide.

    Posted: 24 Feb 2018 03:16 PM PST

    "The stone age has not ended because of the lack of stones, but because new technologies have appeared"

    Posted: 24 Feb 2018 09:40 PM PST

    This Week in Crypto: Top Cryptocurrency Headlines for the Week of February 24, 2018

    Posted: 24 Feb 2018 09:56 AM PST

    Almost half of last year's ICOs have failed already

    Posted: 25 Feb 2018 01:37 AM PST

    Lots of people want to learn about bitcoin. Here's a video of Andreas Antonopoulous on Joe Rogans podcast talking about bitcoin and why it will succeed.

    Posted: 24 Feb 2018 06:16 PM PST

    When Crypto has slowly taken over your life

    Posted: 24 Feb 2018 05:58 AM PST

    Airdrops Explained

    Posted: 25 Feb 2018 03:17 AM PST

    Pure Nootropics now accepting Nano (XRB) thanks to Brainblocks.io!

    Posted: 24 Feb 2018 10:21 AM PST

    The most under-discussed element of the crypto markets: Bots. What they do, how much volume they account for, how they impact market dynamics

    Posted: 24 Feb 2018 10:40 AM PST

    I'd love to have a thorough discussion of the impact of bots on the crypto markets, particularly the alt markets.

    I suspect a substantial portion of alt trading volume is actually done by bots, and that they are responsible for the way alts make the same moves as bitcoin but exaggerated (i.e. bitcoin goes up or down $100 and every alt's satoshi value IMMEDIATELY goes up or down with it).

    In fact, I think these bots have created a dynamic that is now a self fulfilling prophecy - alts behave that way because of bots, but then people set up bots to trade based on the fact that alts behave that way. And I think the people running them actually don't want everyone to realize how much of the market they make up and how they're taking advantage of it.

    In any event, I am sure many of you are running bots and/or have a much better understanding of them than I do, so I pose the following questions to the community;

    1) how much of alt trading volume do you think is done by bots?

    2) what are the most common bot trading strategies?

    3) how do you think bots are impacting market dynamics?

    4) are bots responsible for the intense coupling, i.e. extremely high correlation between bitcoin movement and alt coin movement (on a satoshi basis - I'm not talking about alt fiat value going up because bitcoin went up)?

    I think getting a better understanding of what bots are doing would be helpful for everyone investing in/trading cryptocurrencies.

    Thanks!

    submitted by /u/CryptopherWalken
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    Georgia Looks To Join Arizona In Accepting Bitcoin For Tax Payment.

    Posted: 24 Feb 2018 11:45 AM PST

    I don't wanna trade no mo'

    Posted: 24 Feb 2018 06:18 PM PST

    Sometimes I hear Ver knocking on my front do'

    I'm hodlin everyday like a hustle

    Another fork to juggle

    Another trade another struggle

    I know how it feels to wake up fucked up

    Wallets broke as hell another bag to sell

    People look at you like you's a Bitconnect user

    Shilling shitcoins to all the losers

    Mad blockchain abusers

    But they don't know about the stressed filled day

    Sell wall on the way mad rigs to pay

    That's why you switch to Litecoin Pay

    So you can reminisce

    And wish you wasn't fomo'ing so amateurish

    Shit I remember i was just like you

    Pumping shitcoins with my crew

    Flipping weak hands on the moon

    But Trade Satosh-i wasn't Bittrex-i

    I got R.E.K.T. that's why my mom hates me

    She was forced to kick me out no doubt

    That's when she figured out her 20 grand went down south

    Packed up my GPUs for my raw power move

    1080 Ti for hashrate and block moves

    For regulators tryin to stop my I.C.O.

    And what they don't know

    Will show on the trade history

    Went to see McAfee, to cop me a brick

    Asked for some shilling and he wasn't tryin to hear it

    Smoking mad Newports cause I'm due in court

    for tax evasion that I caught in GDAX Coinbase

    Catch me if you can like the Carlos Matos Man

    You better have your private key in hand, cause man

    submitted by /u/nwaefaqifj
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    6 Wallet Vulnerabilities a Site Can Use to Attack your MetaMask

    Posted: 24 Feb 2018 01:37 PM PST

    Bank closed my credit accounts for buying crypto

    Posted: 24 Feb 2018 07:29 AM PST

    Posted this in the daily thread, but thought I'd warn others.

    Been a US Bank customer for 14 years, I have multiple checking accounts, a saving accounts, credit card, line of credit, a mortgage, never missed a payment. Last month I bought some ETH from Coinbase with my credit card and line of credit (since we'd just paid them off and I didn't want to have a zero balance). At first it was marked as fraud so I called and told them it was okay and it went through.

    Then yesterday I get these in the mail.

    submitted by /u/elSpanielo
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    Hey, at least the /r/cryptocurrency sub-Reddit isn't moving sideways, with 600 thousand plus subscribers and growing, the growth rate is extremely impressive... even in a not so exciting market.

    Posted: 25 Feb 2018 03:14 AM PST

    Congratulations to the /r/cryptocurrency sub-Reddit for staying strong, even in a bear market.

    This is my home, and although many of you hate me, so many more of you tolerate me, and for that I am grateful. My goal here is to shine a light on all the bullshit scams, and the people who push them in the cryptocurrency universe.

    So allowing me to do that via this sub-Reddit has been an awesome experience so far, and I look forward to exposing even more trash going forward. I also look forward to learning from all of you, because when you wade through all the shill-shitcoin posts, there's so much good content on here to learn from.

    submitted by /u/DestroyerOfShitcoins
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