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    Monday, March 12, 2018

    Cryptocurrency Daily General Discussion - March 12, 2018

    Cryptocurrency Daily General Discussion - March 12, 2018


    Daily General Discussion - March 12, 2018

    Posted: 11 Mar 2018 11:15 PM PDT

    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.

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    Guidelines:

    • Questions, debates, meta issues, etc are all welcome.
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    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
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    Thank you in advance for your participation. Enjoy!

    submitted by /u/AutoModerator
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    The latecomer’s BTC journey

    Posted: 11 Mar 2018 03:51 PM PDT

    Elon Musk holding a crypto currency book in his hands

    Posted: 11 Mar 2018 01:43 PM PDT

    Last Week Tonight takes on Crypto

    Posted: 11 Mar 2018 08:34 PM PDT

    John Oliver's main segment on tonight's Last Week Tonight on HBO is about cryptocurrency. He was favorable on Blockchain tech. Not so favorable on coins like Doge and pump and dump schemes, rightfully so. Also discussed Bitconnect, ICOs, and he gives Brock Pierce shit, which is hilarious.

    I thought it was a pretty good segment. Tell us your thoughts if you watch.

    Edit: Here's the link to the segment! Last Week Tonight

    submitted by /u/geeketeria
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    Crypto March Madness bracket. Who will claim the 2108 National Championship?

    Posted: 11 Mar 2018 12:47 PM PDT

    Binance offers 250,000 USD worth of bounty for information that leads to the arrest of the hackers

    Posted: 11 Mar 2018 11:38 AM PDT

    Fiat beats us in 1 area.

    Posted: 11 Mar 2018 05:00 PM PDT

    Curious about CoinDash? Here's what you need to know

    Posted: 12 Mar 2018 01:48 AM PDT

    Coindash to Blox – A Smart Move

    What's up guys, so I wanted to take a second and talk about the recent changes Coindash has made in the last week or so. If you haven't already noticed Coindash has rebranded itself and launched a mobile app under the new name Blox. The company has also released a fresh new user interface and website to complete their transformation.

    All-and-all, I think this was a great idea by the Coindash developers. It was a little weird how they decided to make the changes unannounced but I have read they wanted to give their users an instant upgrade.

    CoinDash to Blox - A Fresh Outlook

    The switch from Coindash to Blox wasn't just a name change; it also represents a full systems upgrade by the development team. The crypto community has been eager for more social trading capabilities and the Blox upgrade is set to deliver. The Blox platform utilizes multiple APIs, so users can now track and manage their portfolio from different devices & exchanges using the new mobile app.

    Why The Change of Name?

    I think it was a smart move to rebrand the platform considering it is a full update to the current systems capabilities. Coindash had already had its name tarnished last year by hackers that managed to steal around 43k ETH. This put Coindash in the crypto spotlight for all of the wrong reasons.

    While hacks are nothing new in the cryptocommunity, this hack was very unusual in that the hackers have been slowly sending the ETH back with 10k ETH returned in September 2017 and an additional 20k returned last month. Nobody knows why the hackers are sending the funds back to the company but speculation has been running wild online. I for one beleive that the hackers are becoming paranoid, and trying to distance themselves.

    Blox – Is there anything new?

    The Blox system update is far more than just putting a cooler name to the platform. The developers have really made some serious protocol updates and the entire platform is now way more user-friendly.

    Blox is more than just a price monitoring app, as it allows you to automatically integrate your wallets and exchanges into one easy to understand user interface. This is a powerful tool for traders who need up-to-the-second analysis of their portfolio. The new platform already supports english, with more to come:

    • Chinese

    • Korean

    • Spanish

    • Italian

    CDT Tokens

    The entire platform still runs off of the CDT token, so there is no need to sell your CDT tokens as you can transfer them to the new mobile platform. I like that these guys didn't create a new token because it would have killed the value of my CDT tokens I already have saved up. The 10% increase in price was also a welcome suprise in the sea of red.

    Blox is shaping up to be the next big mobile portfolio manager. It looks like the Coindash camp has managed to learn from their mistakes in the past and their newest project looks like it could be a major hit in the cryptocommunity. So far it's a big hit with me.

    What do you think guys? Did Coindash make the right move? Let me know in the comments below.

    submitted by /u/goodtimes822
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    Enjin Cryptocurrency Wallet now on iOS!

    Posted: 11 Mar 2018 10:42 PM PDT

    Wonder how he bought that

    Posted: 11 Mar 2018 03:23 PM PDT

    Neil Patel’s ICO has $20 Million in funding and aims to disrupt Online Advertising - now out of stealth mode

    Posted: 11 Mar 2018 11:08 PM PDT

    My efforts for cryptocurrency traders: I'm building a collection of the best tools in cryptocurrency, this is the second iteration and I have also split everything into categories. Your feedback is greatly appreciated.

    Posted: 12 Mar 2018 01:19 AM PDT

    A Deep Dive Into VeChain

    Posted: 11 Mar 2018 11:02 PM PDT

    OriginTrail Now Integrates Data from Forensic Laboratories with the Blockchain

    Posted: 11 Mar 2018 10:17 PM PDT

    This taco spot in Pomona, Ca accepts crypto’s

    Posted: 11 Mar 2018 02:25 PM PDT

    OmiseGO: Scaling Solutions for Finance on Ethereum

    Posted: 11 Mar 2018 08:53 PM PDT

    This Week in Crypto: Top Cryptocurrency Headlines for the Week of March 11, 2018

    Posted: 11 Mar 2018 09:39 AM PDT

    Great news: "Elected officials in the state of Wyoming from the Senate and the House of Representatives have joined forces for the good of cryptocurrency investors throughout the state. Together, they have passed a historic bill that exempts cryptocurrency tokens from security laws".

    Posted: 11 Mar 2018 01:38 PM PDT

    Cryptocurrencies - Last Week Tonight with John Oliver (HBO)

    Posted: 11 Mar 2018 10:00 PM PDT

    How ETHLend was built from scamming its workers

    Posted: 11 Mar 2018 07:44 AM PDT

    [RESOLVED]

     

    EDIT 1: r/ETHLend removed this post, further proving their censorship. Here is proof. I just got banned from r/ETHLend, see this.

     

    EDIT 2: Somebody posted this link in the Telegram Group, that person got banned. He sent me a screenshot of his conversation with the Founder of ETHLend. The founder casually mentions he will attempt to remove this post too.

     

    EDIT 3: If you want to help us, please mention this post in their Telegram. Please note there is a chance you will get banned, like other people have. If ETHLend decides to pay, we will rectify their reputation, as it is not our goal to denigrate them, rather to receive the payments they promised to give us.

     

    EDIT 4: ETHLend's CEO is right now replying (spamming) to this post. You can find his reply below in the comments. You can also see it here. Unfortunately, the CEO is resorting to personal attacks, spam replies and is not addressing the issue at hand. He and his team seem nowhere nearly concerned with apologising, let alone rectifying for their screw up. Instead, he and his team choose to convene their followers in Telegram to spam and downvote this thread. Disappointing and unprofessional.

     

    EDIT 5: I personally reached out to Stani, the CEO of ETHLend. We talked about it and he compensated me for my work as initially agreed upon and promised me as well to review the work of others during the next week in order to also compensate them. I hope he will hold to our agreement as it finally shows a good sign of professionalism.

     

    EDIT 6: Update on contact with Stani. ETHLend has started to reimburse others, as confirmed by u/Blockchainsapiens.

     


     

    The aim of this post is to show the public – with proof – that ETHLend has scammed people that worked for it during its early stages. I was one of these people. I will attempt to present the proof and formulate the events as objectively as possible. I hope this post will let the voices be heard of many others that have experienced the same with me. Some of the evidence provided has also been sent to me by other users. I have blurred their names in the screenshots below for privacy concerns.

     

    To illustrate the gravity of the situation: ETHLend owes me 45.000 ETHLend Tokens, which currently has a worth of USD 2.800 - and, at its peak, has been worth approximately USD 18.500. The amount I should be receiving is actually on the small side, compared to what others should receive.

     

    Let's start from the beginning.

     

    ETHLend made its first public appearance on Slack, May 23rd 2017. On its Slack channel, ETHLend uploaded a large spreadsheet that contained all the necessary tasks needed to be done for ETHLend, a lot of translation and proofreading tasks, but also the recruitment of core management members. ETHLend then assigned people to specific tasks through a new spreadsheet.

     

    For each task, the amount of work and the amount of reward tokens were stated (see this photo for an example or see this link for whole spreadsheet). After distributing this spreadsheet many people applied to provide the work for ETHLend, and, of course, expecting to be rewarded in accordance to the amount stated in the spreadsheet.

     

    After all the work was done people were of course expecting to be rewarded. Initially they promised to pay August-September 2017. Here is one person asking for his payment, I found after scrolling through the Slack channel.

     

    Then it became December 2017. This screenshot you're seeing has been deleted from the Slack channel, along with all posts posted after October 2nd 2017, presumably an attempt to hide the evidence. Fortunately, I still made some screenshots before they could hide everything.

     

    All the information regarding the translation bounty most likely has been deleted because of a conversation that took place recently on Slack when one user asked to another user (username: dsastok) if this person has received the payments for the translation work. A quick search showed that this person perhaps would work at ETHLend as a developer and may have alarmed the team about the conversation. This also resulted in a deactivation of the account of the user who asked the question, this showing up a few days later.

     

    When the reward still wasn't rewarded at the end of December 2017, I contacted a team member of ETHLend. The following is an example of a conversation with the team member of ETHLend, Ville, who handles all the bounties.

     

    NOTE: at this time (January 2018), ETHLend is approaching its all time high.

     

    At this stage, at the end of February 2018, I and others start to ask in the main ETHLend Telegram channel, in order to catch the team's attention. Right after posting this, our accounts got blocked from the Telegram channel.

     

    After this dreadful and long procedure, ETHLend has finally sent me a reward, be it just a measly 15% (!) of the agreed amount. Others who, understandably, did not take the effort to persistently contact ETHLend about this, have yet to receive their payments. The only reason I can think of why they decided to pay me, is to 'shut me off'. I have mentioned this deficit in payment to the responsible employee of ETHLend and asked numerous times politely how he would deal with this. I have never received a response from him again. This is the last message I have sent him.

     

    My intention is not to denigrate ETHLend. I simply want to show people the truth and want people to receive the amount of payment that they agreed upon. The evidence portrayed here should suffice for that purpose, even though more evidence has been collected.

    submitted by /u/4u7aSjz9023r0c
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    Dodged a bullet on this one. Do not drink and crypto.

    Posted: 11 Mar 2018 05:59 PM PDT

    Nano investors 24/7

    Posted: 11 Mar 2018 06:53 PM PDT

    Matrix AI Network (MAN) - Roadmap, partnerships, investors, capabilities... All in one image

    Posted: 11 Mar 2018 11:21 AM PDT

    Life of any trader

    Posted: 12 Mar 2018 02:13 AM PDT

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