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    Cryptocurrency Daily Discussion Megathread - May 7, 2018

    May 07, 2018

    Cryptocurrency Daily Discussion Megathread - May 7, 2018

    Daily Discussion Megathread - May 7, 2018

    Posted: 06 May 2018 11:16 PM PDT

    Welcome to the Daily Discussion Megathread. Please read the disclaimer, guidelines, and rules before participating.

    To see the latest weekly Skeptics thread, click here

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    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.

    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 The prior exemption for karma and age requirements is no longer in effect.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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    Weekly Skeptics Discussion - May 6, 2018

    Posted: 05 May 2018 11:14 PM PDT

    Welcome to the Weekly Skeptics Discussion thread. The goal of this thread is to promote critical discussion by challenging conventional beliefs and bring people out of their comfort zones. It will be posted every Sunday and prioritized over the Daily Discussion Megathread.

    To see the latest Daily Discussion Megathread, click here

    To see the latest weekly Support thread, click here

    Guidelines:

    • Share any uncertainties, shortcomings, concerns, etc you have about crypto related projects.
    • Refer topics such as price, gossip, events, etc to the Daily Discussion Megathread.
    • 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.
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    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.

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    Thank you in advance for your participation.

    submitted by /u/AutoModerator
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    If you didn’t catch tonight’s Silicon Valley, they are starting to really incorporate crypto into their storyline. Gilfoyle really gets some great points across. It’s so exciting to hear on a popular national TV show.

    Posted: 06 May 2018 07:43 PM PDT

    Warren buffet admits he was wrong about Google and Amazon - this from a guy who’s advising people to stay away from cryptocurrencies.

    Posted: 06 May 2018 07:53 PM PDT

    Your whole life was shilled, not just in Crypto Currencies,

    Posted: 06 May 2018 07:54 PM PDT

    Everything was just a shill,

    "You have to go to college to get a good job"

    This is just a shill that got implanted into people's heads as being the truth so that they can shill their kids into it.

    Amongst other things,

    Peer pressure is just a form of FOMO

    You have a fear of not being accepted and missing out on being a part of the cool crowd,

    You got shilled into thinking mainstream news always tells the truth. Really its mostly propaganda, and a whole bunch of shills inbetween.

    "Milk , it does a body good"

    Those commercials were really just all the mass producers of milk collectively shilling you to buy mass produced hormone filled garbage.

    Peanut butter used to be "The industry standard nut butter"

    Swear to god, it never occurred to me as a kid that you can also have Almond Butter, pecan butter, pistachio butter etc etc, and those nuts have more positive effects on health. Almond butter is better than mass produced peanuts that get over irradiated too much

    So why not make produce it? Because peanut butter was the cheapest to produce, they knew if people srarted demanding different nut butters that it would open up the door for more competition .

    So they did everything they could to keep you buying peanut butter. peter pan on the cover whatever it took . Same shit happened with cereal, it wasnt until people started blowing whistles on dangerous food additives when we became more health conscious.

    Christopher Columbus got shilled in school as some sort of revolutionary hero. We got convinced he was the first person to discover america. Sort of how Bcash owns Bitcoin.com and gives inexperienced noobs a thought of being BitCoin. He wasn't a hero, not to everyone. So many people were slaughtered. Mostly my ancetors in Puerto rico and all surrounding islands.

    Vikings sailed accross to North america before he did. They knew the place existed,

    Most of our childhood lives was filled with manipulation, propaganda, misinformation , and just flat out lies. I can really only trust the news for weather, and sport scores

    This is seriously why we need decentralization. Fuck all these people. Centralization failed and fucked us many times over. Even with all this new "sick tech"

    Centralization sucks.

    submitted by /u/JuicySpark
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    Billions TV Show References Cryptocurrency and Ledger Wallet. Axe pays $1M in crypto to a trader at his hedge fund in cold storage.

    Posted: 06 May 2018 09:24 PM PDT

    Can someone explain why this sub upvotes bullshit and downvotes facts?

    Posted: 06 May 2018 10:50 PM PDT

    ICON (ICX) founder's leadership style

    Posted: 06 May 2018 07:41 AM PDT

    Korea To Relax Crypto Regulation

    Posted: 07 May 2018 12:25 AM PDT

    Interesting perspective on Nano's recent history (@iliasakowski)

    Posted: 06 May 2018 07:26 PM PDT

    QUOINE launches ICO platform

    Posted: 07 May 2018 12:55 AM PDT

    Hello r/CryptoCurrency. I am one of the mods from r/QASH, and I'm also Digital Campaign Manager for QUOINE. I'm here today to share with you some news from our side. We have launched ICO Mission Control, our new ICO hosting platform. Initially it is integrated within our QRYPTOS exchange, but as some of you will know, we will soon be merging QRYPTOS and QUOINEX into one, immersive platform: LIQUID, powered by our World Book.

    The ICO space is broken. Scams, hacks and phishing have become the norm. Websites go down and can't cope with traffic. Whitelisting is a nightmare for all involved. ICOs happen and then there exchange listings don't come about, often for months. Token issuers waste time and resources on their ICOs that would be better spent working on developing their projects. It's messy and it needs to be fixed.

    ICO Mission Control addresses all of these issues.

    ICO Mission Control allows blockchain projects to fundraise directly on our platform, connecting hundreds of thousands of verified users to high-quality, vetted blockchain projects. We are launching the first ICO on our platform this Wednesday. You will be able to participate in BTC, ETH and, of course, QASH. Additional benefits for QASH holders will be worked into the platform in due course.

    We have already been approached by more than a dozen developers interested in using our services. We will be bringing regular, high-quality ICOs to the community. The demand is high and we will only work with projects that are quality, have a strong team, show a use case and meet our standards.

    QUOINE is uniquely placed for this challenge as as the first global crypto fintech company licensed by the Japan Financial Services Agency. We are also Big 4 audited. We set the bar high when it comes to KYC, AML and security.

    ICO Mission control provides an end-to-end solution for both token issuers and participants with the following benefits:

    • KYC of all market participants and no more having to KYC for each ICO you take part in.
    • The platform eliminates risks of hacks, scams and fraud.
    • A rapid path to secondary market trading on QUOINE's exchange.
    • Real-time settlement of tokens.
    • Real-time ICO performance data tracking information on the ICO sale including participants, funding currencies, regions of participation and more.
    • Marketing analytics to help improve marketing spend ROI.
    • Flexibility of funding - token buyers can transact in a highly secure environment and fund their purchase with a range of crypto and fiat currencies

    The ICO Mission Control platform is an important part of QUOINE's goal to democratize finance and drive mainstream adoption of cryptocurrencies.

    Happy to answer any questions.

    More information:

    submitted by /u/MKAndroidGamer
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    How QASH is solving crypto’s illiquidity.

    Posted: 07 May 2018 01:23 AM PDT

    So this is the main reason why Buffet and Munger hates crypto?

    Posted: 06 May 2018 02:42 PM PDT

    Wonder why Warren Buffet and Charlie Munger keeps bashing crypto even though they don't understand shit about it?

    Take a look at Berkshire Hathaway's biggest holdings, I've shorlisted these from their top 12 holdings. Sorted in order from their high market value to low market value:

    Wells Fargo(His heaviest bag with most $$$) - $29,000+ million Bank of America - $20k+ American Express - $15k+ US bancorp - $5.5k million Goldman Sachs - $2.9k million Bank of NY Mellon - 2.9k million

    His firm will collapse if he started supporting crypto. Not surprised.

    submitted by /u/et-nad
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    This forward thinking Canadian bank with $45B in asset, announces optimism and support for crypto innovators

    Posted: 06 May 2018 09:00 PM PDT

    [Great watch, 20 Questions] APEX(CPX) AMA with Jimmy Hu (Ask Me Anything)

    Posted: 07 May 2018 01:22 AM PDT

    [Mild Spoilers] PiedPiperCoin - Silicon Valley

    Posted: 06 May 2018 08:07 PM PDT

    But is it possible that Warren Buffet called Bitcoin a pyramid scheme because he has 92 billion conventional dollars to protect. Let's say he's right. Let's say Bitcoin dies. So what? Myspace, Friendster, they both died. But they paved the way for other social media tripe like Facebook and Twitter to completely overrun the planet. Crypto is out there and it's not going away. -Gilfoyle

    I'm in it for the long haul boys.

    submitted by /u/Hennythepainaway
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    Spotify, Google and Apple keeps around 30% of what you pay them, Shutterstock keeps up to 85, leaving the artists with a small. Unfair profit. Wemark Aims to Drive Out Middlemen by Placing Digital Content Industry on Blockchain

    Posted: 07 May 2018 12:26 AM PDT

    Bullish News From China! $1B Huobi Blockchain Fund + 10,000 BTC Bought By Chinese Billionaire

    Posted: 06 May 2018 10:02 AM PDT

    Request Network: Progress of the last Year and an Overview of 2018s Milestones/Goals

    Posted: 07 May 2018 03:33 AM PDT

    Life Is Too Short To Read Fake Crypto News - Here are 3 example for fake crypto news, and how to avoid falling for fake content

    Posted: 06 May 2018 11:22 PM PDT

    CoinMarketCap Removes Bitcoin.com From Its Bitcoin Page

    Posted: 06 May 2018 03:40 AM PDT

    Muscian Diplo posted this on his Instagram: «Checking my coinbase before the rave»

    Posted: 06 May 2018 05:00 PM PDT

    Big Day For Eth, But SEC's Chairman Has Already Stated Ethereum is Not a Security

    Posted: 06 May 2018 11:13 AM PDT

    Guys is it safe to buy PiedPiperCoin? Their website looks promising

    Posted: 07 May 2018 01:55 AM PDT

    Got absolutely mind=blown by this VICE documentary.

    Posted: 06 May 2018 01:54 PM PDT

    I casually watched this documentary by VICE, when I realized that the speaker is talking about blockchain - without using the word blockchain. The speaker in the video describes is as necessarily to move to decentrelised solutions for the survival of this planet.

    The speaker is Jeremy Rifkin, a well know scholar and advisor to various political entities on sustainable economy. He refers to blockchain tech in chapter 3 (31 min in)

    https://www.youtube.com/watch?v=QX3M8Ka9vUA

    " A Third Industrial Revolution is unfolding with the convergence of three pivotal technologies: an ultra-fast 5G communication internet, a renewable energy internet, and a driverless mobility internet, all connected to the Internet of Things embedded across society and the environment.

    This 21st century smart digital infrastructure is giving rise to a radical new sharing economy that is transforming the way we manage, power and move economic life. But with climate change now ravaging the planet, it needs to happen fast. Change of this magnitude requires political will and a profound ideological shift "

    submitted by /u/PumperDumperr
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    Big Day For Eth, But SEC's Chairman Has Already Stated Ethereum is Not a Security

    Posted: 06 May 2018 03:10 PM PDT

    SEC to Rule on Ripple XRP & Ether Being Securities Tomorrow - Chinese Investor Buys 10,000 Bitcoin

    Posted: 06 May 2018 07:02 PM PDT
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