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    Cryptocurrency Daily Discussion Megathread - August 5, 2018

    August 05, 2018

    Cryptocurrency Daily Discussion Megathread - August 5, 2018

    Daily Discussion Megathread - August 5, 2018

    Posted: 04 Aug 2018 11:53 PM PDT

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

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    submitted by /u/CryptoCurrencyMod
    [link] [comments]

    What investing in crypto feels like currently

    Posted: 04 Aug 2018 08:09 AM PDT

    Digital giants like Google and Facebook have been harvesting our personal information, sharing and selling it. How could blockchain create a new paradigm, where the user comes first, and not a business’ bottom line?

    Posted: 05 Aug 2018 12:55 AM PDT

    Cypto markets these days..

    Posted: 04 Aug 2018 04:51 AM PDT

    Large paypal transfer fees- £4.30 for each £10 transaction to Phillipines! This is why we need crypto

    Posted: 04 Aug 2018 01:48 PM PDT

    Apollon, a blockchain based platform for the entertainment industry.

    Posted: 05 Aug 2018 03:25 AM PDT

    What's up guys, I wanted to see if anyone else has heard about Apollon. I have been studying this ICO, and it looks pretty good. Apollon is a blockchain-based entertainment industry marketplace. The platform is looking to streamline the entire sector by providing a true peer-2-peer business structure for the entertainment industry.

    There is a lot I like about this platform. For one, they are cutting the middleman out of the entertainment industry. This maneuver drops the cost of doing service in the entertainment industry. In addition to these savings, users can access a network of industry professionals via a community marketplace. Users can directly trade their services if they desire as well.

    I like the concept of combining the entertainment and leisure industries. They are closely related and having one platform to find all of your talent, gaming, fashion, hospitality, and tourism needs make good sense.

    Th platform is the first that I have seen to use both a stable coin and an internal token. The stable coin is pegged to the value of one USD. LCASH is an internal token used between consumer payment and settlement to eliminate volatility concerns. It's integrated so there isn't the need to use USDT. The APO token is used for all other services on the platform.

    Apollon includes an internal exchange that allows users to easily convert any currency into APO or LCASH and vice versa. This added liquidity makes it unique among the growing number of freelancing platforms in the space.

    I watched a speech by the company's CEO, Alan Lau in which he described the impact this platform would have on the industry. Lau is no stranger to the tech sector, and he is best known for his work with Hewlett Packard and the first UNIX online trading system for the Shanghai Stock Exchange.

    I think this one could be a major force in the market in the coming year. Let me know what you guys think? I'm happy to see a project that will hopefully bring in actual usage to the sector.

    submitted by /u/dubaishit19
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    Today’s newspaper

    Posted: 04 Aug 2018 01:25 PM PDT

    New Consensus Methods Could Expand Blockchain's Reach

    Posted: 05 Aug 2018 01:01 AM PDT

    South Korea's biggest exchange, Upbit, comes around the allegations. Audit reports in favour

    Posted: 04 Aug 2018 11:45 PM PDT

    The evidence has been in front of you the whole time, just hold a little longer...

    Posted: 04 Aug 2018 04:13 PM PDT

    ELI5: What are these "bears" that keep bringing the market down?

    Posted: 04 Aug 2018 12:05 PM PDT

    I keep reading that the bears are keeping the market low, they are manipulating it to bring the price of it down. Causing coins to crash etc... blah blah blah

    Well, if that is the case, first of all, what are they doing it for? Surely they want the market to rise so they can make a profit? or sell super high so they can become Lambo owning over indulgent 1% snobs? (I know I wanna be)

    I've seen people say that they are doing it to buy low so the next big bull run they will be rich. But, my thinking is, if they are already able to make the market bear then they must have upwards of millions anyway so that seems unlikely.

    I also thought, perhaps by keeping the price low and having mini bull runs and crashes then its a way for the big financial companies to instill distrust in the product, I am seeing more and more people who were HODL advocates starting to worry and change their mind, is this all some massive end game? All I know if my portfolio is around 48% of what it was this time last year and every week or so after a few small bull runs it just gets lower. I can't seem to find a reason and I think there are so many fantastic crypto solutions out there that it's mad they're not all pluto-ing (that's more than mooning)

    Just looking for someone else's' thoughts...

    submitted by /u/pmayall
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    Memo To Krugman: 7 Problems Cryptocurrency Solves

    Posted: 04 Aug 2018 10:18 PM PDT

    Every time I check my portfolio.

    Posted: 04 Aug 2018 01:47 PM PDT

    We need the whole crypto economy, not just trading/hodling.

    Posted: 04 Aug 2018 05:37 PM PDT

    I was trying to buy some bitcoin today and it was so tedious I gave up.

    Coinbase does not support my card anymore.

    Other exchange I had a verified account after submitting all the document with selfie wants me to do a tier 2 verification, more robust than the the previous one.

    Cex.io has a price almost 10% higher than the market and does not support my bitcoin address (3xx..)

    New solutions I tried require verification from scratch and I am already tired to go over this.

    Before we eliminate this onerous fiat dependence, crypto will not succeed. We need more ways to earn bitcoin (and other crypto) and more ways to spend it.

    Otherwise it is a joke.

    submitted by /u/cryptomkh
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    Bitcoin moving as expected - Analysis using Fibonacci Levels

    Posted: 05 Aug 2018 02:08 AM PDT

    Why do we "need" cryptocurrencies?

    Posted: 05 Aug 2018 03:12 AM PDT

    How do we sell concept of cryptocurrencies and blockchain to the masses.

    When you talk to you firends and coworkers and they ask you what benefits are there what are the most convincing reasons you tell them.

    Mass adoption cant happen unless there is real need for something and people see benefits.

    Just because database is decentralised as opposed to centralized doesnt mean anything to normies.

    For example, internet and smartphones were easy to sell as benefits were obvious to everybody which followed by fast mass adoption

    Do people want to be their own bank and hold private key? Smartcontracts, dapps etc

    submitted by /u/didiflex
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    4 Blockchain Projects Leading the Smart City Revolution

    Posted: 05 Aug 2018 02:09 AM PDT

    BLOCKCHAIN TECHNOLOGY: THE MISSING LINK IN SUPPLY CHAIN FINANCE

    Posted: 05 Aug 2018 01:22 AM PDT

    Enigma Protocol: The First Solution to Privacy on Blockchain

    Posted: 04 Aug 2018 04:24 PM PDT

    New York Financial Regulators against Fintech Regulatory Sandbox

    Posted: 04 Aug 2018 06:56 PM PDT

    Bitcoin Dips Below $7,000, Hitting Lowest In 2 Weeks

    Posted: 04 Aug 2018 04:01 PM PDT

    The future of blockchain as told by the CEO of Binance

    Posted: 05 Aug 2018 03:21 AM PDT

    No one is talking about the Ethereum fractal, but why?

    Posted: 04 Aug 2018 09:21 AM PDT

    UPbit, South Korea’s exchange, triumphs over allegations; Audit report in favour

    Posted: 04 Aug 2018 10:58 AM PDT
    Read more
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