Cryptocurrency Daily General Discussion - March 1, 2018 |
- Daily General Discussion - March 1, 2018
- Walton got busted fake winners on Twitter
- Checkmate, Bill.
- Official Walton apology post
- Oyster Testnet B released!
- Breaking: "The CFTC now allows its employees to trade Bitcoin and other digital assets. Moreover, CFTC’s Chairman J. Christopher Giancarlo recognizes that Bitcoin can no longer be ignored and that cryptocurrencies offer both significant challenges and opportunities".
- Let's have a discussion on Charlie Lees Public endorsement of Nano
- China's largest e-retailer (NASDAQ listed, 260+ million users) to integrate Ethereum-based platform for freelancing marketplace & Amazon MTurk-esque micro-services!
- I had no interest in using this exchange, then I saw this
- Digipulse's BETA has been released
- Apartment Mining - 6,000W
- You guys have to stop expecting any of these business men of old to champion "decentralized" cryptocurrencies... it's just not going to happen.
- Cryptocurrencies are equal to legal tender. In Germany by law.
- More than 1,200 newsagents to offer Bitcoin, Ethereum buying service in Australia
- Will there be another 2017-like crypto pump ever gonna happen again? My rant on the future of crypto, ICOs, and 2018
- BoxMining Interview with Talal of Jibrel Network
- Bill Gates throws shade at Crypto. Meanwhile The Bill and Melinda Gates Foundation uses Ripple.
- Did anyone get a Nano Wallet invite?
- Finished my Pump and Dump finder. How would you detect a pump before it happens?
- Modum (MOD) partners with SAP, the world leader in enterprise applications
- MRW I see the Walton tweet
- SAP meets Blockchain
- World´s largest asset manager - Black Rock - sees promising potential for Blockchain.
- Is there proof of the "working product" by WaltonChain?
- Now I can die in peace..
- TKY launched the "Chengdu HR and Social Security 123" app in Chengdu, a city of 16 million!
| Daily General Discussion - March 1, 2018 Posted: 28 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:
Rules:
Resources and Tools:
Thank you in advance for your participation. Enjoy! [link] [comments]  | ||
| Walton got busted fake winners on Twitter Posted: 28 Feb 2018 10:08 AM PST
 | ||
| Posted: 28 Feb 2018 08:28 AM PST
 | ||
| Posted: 28 Feb 2018 10:28 PM PST
 | ||
| Posted: 28 Feb 2018 06:08 PM PST
 | ||
| Posted: 01 Mar 2018 12:02 AM PST
 | ||
| Let's have a discussion on Charlie Lees Public endorsement of Nano Posted: 28 Feb 2018 01:40 PM PST Whatever you think about it let's hear it. Personally I think it's highly controversial. [link] [comments]  | ||
| Posted: 28 Feb 2018 08:46 PM PST
 | ||
| I had no interest in using this exchange, then I saw this Posted: 01 Mar 2018 01:22 AM PST
 | ||
| Digipulse's BETA has been released Posted: 28 Feb 2018 08:52 PM PST
 | ||
| Posted: 28 Feb 2018 11:34 PM PST
 | ||
| Posted: 28 Feb 2018 03:50 AM PST I find it funny that some of you guys get all offended, or upset when guys like Bill Gates say things like cryptocurrencies are used for drugs, or to hire hitmen... you do realize that they all have agendas correct? Even the much loved darling of technology Elon Musk has an agenda, and the old world money system suits him just fine, hence the reason why he always plays down cryptocurrencies, as if they are nothing more than a fringe hobby. Then you have banksters such as Jamie Dimon, who see cryptocurrencies as the absolute biggest threat to his empire, and will say or do anything in his power to destroy them. People like Warren Buffet, the old world money system, and frauds such as car insurance companies are his thing, so you can't expect him to be a fan of decentralization, where the people would have the power, no no no, Warren likes the system just the way it is. In conclusion, stop getting all butt-hurt whenever these old farts bash your favorite coin or token. In a few years they won't even be around, and the world will change for the better against their negativity... because a decentralized world is the future! [link] [comments]  | ||
| Cryptocurrencies are equal to legal tender. In Germany by law. Posted: 01 Mar 2018 01:51 AM PST Cryptocurrencies are equal (treated under certain circumstances) to legal tender. This is Statement of the German government in a new 27.02.2018 VAT law. I think this could bee the way how G20 will discuss cryptos for whole EU. FOMO. Linked to the PDF on Minster of Finance site (in German) with original text: Summary taken from. https://twitter.com/Hofbraeuer/status/969135461452132352?s=19:
Edit: the part about legal tender is wording in the legal text... Of course it doesn't mean you can go to the next supermarket and force them to be paid with Bitcoin. For Crypto as an investment you have to pay taxes. Sorry for my hype, but I think it is great news anyway. Read more about this in comment by phobos0815 [link] [comments]  | ||
| More than 1,200 newsagents to offer Bitcoin, Ethereum buying service in Australia Posted: 01 Mar 2018 12:14 AM PST
 | ||
| Posted: 28 Feb 2018 07:57 PM PST Background I've been getting several messages lately inquiring about my old post from which I borrowed $30k to buy ETH back in May: https://np.reddit.com/r/ethtrader/comments/68oshw/just_borrowed_30k_to_buy_eth_stay_tuned_for_the/ I started typing a long response to someone who asked me whether he thinks there's gonna be another opportunity like ETH in the future (from which I made over 100X returns, buying most between $10 and $100, and cashing out 90% at $1000-$1200)...and I realized I typed so much info that it could be worthwhile to share it with the community. Before I start my rant though... about the loan I had taken out at the time: don't ever invest in more than you're willing to lose. Opportunities will always come, in one way or another. Today is crypto, yesterday was flipping houses, before that was penny and internet stocks. But from a crypto standpoint, opportunities in this field are gonna be more rare. Bitcoin, ETH, and other large caps coins are probably done for for a while -- they'll go up in the long run but I don't think we'll see another new parabolic rise of 1000+% gains for a long while. People switched to ICOs after seeing some of the 3-10X gains, but the wild west of unregulated ICOs is starting to lose steam, mostly due to regulatory barriers. Identifying Fundamental Disruptions I invested in ETH first at $10 and buying all the way up to $100 (the $30k loan got me ETH at $80 each), and while others were selling for 2x flips, I was able to hold it all the way to $1000+. I think this is important to mention in the context of this post because of the necessity to realize the long-term disruption that lays ahead. At the time, I realized that ETH was about to give altcoins/tokens the ability to be speculated on due to their direct utility association in a tech startup's main business mechanism. I firmly believed that ETH should be worth at nearly as much as, if not at least, BTC in market cap because of this. Prior to ETH, it was just Bitcoins and then all clones/shitcoins. ETH gave rise to ICOs and speculative coins that could be assigned potential business value to it, thereby making crypto markets what it is today. Frankly, the entire crypto market owes ETH, and respectfully BTC of course, for what is today. Note though: I rolled the dice big for ETH, but even my $30k investment at the time was only about a quarter of my savings at the time. So again, don't invest in more than you are willing to lose or sleep soundly at night. The Future: Increasing Regulation Anyway, turning to the future. Here's what I think is going to happen. SEC is going shutdown alot of ICOs; they are really cracking down on ICOs claiming to be utilities, even if disguised through airdrops or SAFTs. In fact, just today's WSJ news said SEC issued subpoenas to multiple ICOs and have taken interest in SAFTs for so-called utility tokens. Just like the dot-com bubble, 90%+ of these previous ICOs are gonna tank and fail. We're gonna see a massive correction probably later in 2018, when roadmaps with major expected milestones start missing their deadlines, and a domino effect happens when SEC starts really flexing their muscle and forcing exchanges to go into delisting mode (we already are starting to see this with Bittrex). But a Hidden Opportunity So about looking for another crypto pump opportunity.... When the culling happens, the survivors are gonna be as follows. Look for US-based ICOs that have been SEC-compliant from the outset, or at least making a strong effort to do so. Having a legal advisor or team member will be big this year. Don't be afraid of lockups or holding periods if it's for the purpose of being SEC compliant (signs are mentions of Reg CF, Reg D, Reg S, and Reg A+ offerings... you could google these keywords with their company name to see if they have a filing record in SEC's database). See if these ICOs and team leaders had a successful and profitable business in the past, or at least spun out of a profitable company. Also, there's way too much bullshit with partnerships, many which are fake or with useless no/name companies. Next, a lot of these open ecosystem platforms rely on partner companies to attract customers -- but why would companies join when there are no customers, and vice versa. It's all bullshit and often pump and dump shilling. What you want is a closed ecosystem (think Apple iOS) to help consumers navigate the business model. An open ecosystem where customers have to attach their own crypto wallet, blah blah blah, yay decentralization, yeah... well that's all never gonna see mass adoption (think Linux... some hardcore advocates exist, but what layperson actually wants to operate command lines or deep menus all day long and accidentally break their system with one wrong syntax). Look how successful Coinbase has become by simplifying crap. Too much shit is focused on the crypto side and it's like a foreign language to mainstream customers who won't touch it with a ten foot pole. Look for ICOs that are consumer focused rather just have solely an ICO page. It's particularly appealing if they have a self-directing strategy in the form of a tangible product they can sell to generate data or transactions in their ecosystem, which would naturally attract additional customers/companies into their platform. Examples:
These companies with revolutionary ideas, who are making an effort to be legally compliant and also have a tangible product, are the ones that are gonna survive the mass culling of alts and ICOs later this year. If we ever get our first ICO unicorn (from revenue, not pumped market cap of their token), then it will bring truly mainstream recognition of the crypto markets that will give the traditional stock markets a serious run for their money. I'm not talking about less than 1% of the $70 trillion stock market value of the world -- I'm talking like double digit levels of the entire global stock market. And I bet you it will happen. This is the sorting-out phase of the future -- a shift from old world Wall Street-type money to Silicon Valley. Crypto allows direct investments into technology startups, and tokenization of the actual business transaction mechanism cuts down all the traditional valuation crap dealing with public relations and whatever meta valuation factors. If the business is making sales, then the token is worth something, and that's all that matters. If the business is losing sales, then the token is worth less. Straightforward. When All The Puzzle Pieces Fit Together Two more things to note. First: If ETH successfully pulls off scaling through sharding/raiden and drastically reduces gas fees through proof of stake, then it will be fit for enterprise use. ETH's stress tested blockchain with upgrades will facilitate real world adoption (Most of these ERC20 platforms are currently not fit for real adoption due to high gas fees and low TPS). Otherwise, consider hedging into alternative smart contract-, high volume-, low cost-capable platforms with implementation documentation (e.g., Stellar) to potentially get some good gains. Second: A lot of these current crypto exchanges are not registered ATS's (alternative trading systems) that are permitted to trade securities by the SEC, so they can only trade utilities. But SEC is cracking down on these fake-utilities and are deeming them all securities... that's gonna leave these exchanges in the dust. So we're seeing big companies entering this space, Overstock building tZero, Circle/Goldman Sachs acquiring Polo, Cobinhood, etc. They are prepping for ATS compliance, and when legal tokenized securities become tradeable, they will be traded on these platforms... not hot messes like Binance. And they will be user friendly -- gateways for mainstream to invest directly in the tokenized assets of a company's core business model. It's all culminating to the survival of legit companies, mainstream adoption, and these are your clues. Enjoy trading shitcoins while they last, but don't get caught with your pants down bagholding them. Rant over. TL;DR Look for coins based on fundamentals and legal compliance so they will survive the massive culling in late 2018 when roadmaps don't meet milestone deadlines Edit: Grammar, and Readability [link] [comments]  | ||
| BoxMining Interview with Talal of Jibrel Network Posted: 28 Feb 2018 09:50 PM PST
 | ||
| Bill Gates throws shade at Crypto. Meanwhile The Bill and Melinda Gates Foundation uses Ripple. Posted: 28 Feb 2018 06:11 AM PST
 | ||
| Did anyone get a Nano Wallet invite? Posted: 28 Feb 2018 05:13 PM PST
 | ||
| Finished my Pump and Dump finder. How would you detect a pump before it happens? Posted: 28 Feb 2018 09:51 PM PST Im curious how you guys would detect a pump before it happens? Currently the bot I just finished looks for volume spikes that are abnormal compared to the past 10 candles. It then compares with a few Technical Analysis indicators I use on tradingview to verify that this could be a pump. Here is an example of last night when it detected a pump happening for ZCL and purchased automatically. https://imgur.com/a/N6aGv As you can see there are abnormally large green volume spikes happening compared to the prior candles. Now my question is do you guys have any other unique ideas or ways you would detect these spikes? Yeah I made a good amount on that spike but I want to be able to do that with very good accuracy. The bot enables a trailing stoploss after the purchase is made, cashing me out when things start to turn sour. Im a day trader but I develop software and have made a lot of programs to give me big time edges. I do not use an auto trading bot per say but I have an arbitrage automated bot going all day while I trade, I have my pump bot going all day, I have two seperate scanners going that scan for extreme drops in prices so I can ride the recovery. I do a lot of things to give me a large advantage of just technical analysis of the coins. Very interested in your guys opinions, if you dont want it public, please pm me. Or you can hmu on instagram @cryptoinformer [link] [comments]  | ||
| Modum (MOD) partners with SAP, the world leader in enterprise applications Posted: 28 Feb 2018 08:37 AM PST Https://modum.io/ceo-update-february-2018/ "This month, we are excited to announce that we have signed an agreement with SAP for a Co-Innovation Lab. SAP is the world leader in enterprise applications, in terms of software and software-related service revenue. The Co-Innovation Lab will allow us to integrate our solution into customer's existing enterprise application stack and make use of the SAP HANA Cloud platform, for scalability and easy adoption of our temperature monitoring solution." [link] [comments]  | ||
| Posted: 01 Mar 2018 03:08 AM PST
 | ||
| Posted: 01 Mar 2018 01:53 AM PST
 | ||
| World´s largest asset manager - Black Rock - sees promising potential for Blockchain. Posted: 01 Mar 2018 01:42 AM PST
 | ||
| Is there proof of the "working product" by WaltonChain? Posted: 01 Mar 2018 12:45 AM PST I noticed their github is pretty much empty. I asked on their subreddit and only response I got is that boxmining (a crypto youtuber) visited them and got to see some of their RFID chips. Just wondering to what extent their tech has been independently confirmed, by experts, since it's usually taken for a given that they have "amazing tech," "sound fundamentals," etc. [link] [comments]  | ||
| Posted: 01 Mar 2018 03:12 AM PST
 | ||
| TKY launched the "Chengdu HR and Social Security 123" app in Chengdu, a city of 16 million! Posted: 01 Mar 2018 02:15 AM PST
 |
![[link]](https://i.redd.it/u02zw6e1vzi01.jpg){kind=link}
![[link]](https://i.redd.it/vmcf9d93dzi01.jpg){kind=link}
![[link]](https://i.imgur.com/tf1cKbq.jpg){kind=link}
![[link]](https://i.imgur.com/7fbjU50.jpg){kind=link}
![[link]](https://i.redd.it/07yuswfvy1j01.jpg){kind=link}
![[link]](https://i.imgur.com/t0FgaoN.png){kind=link}
| You are subscribed to email updates from Cryptocurrency news and discussions.. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment