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    Cryptocurrency Daily Discussion Megathread - September 13, 2018

    September 13, 2018

    Cryptocurrency Daily Discussion Megathread - September 13, 2018

    Daily Discussion Megathread - September 13, 2018

    Posted: 12 Sep 2018 11:32 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
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    [UPDATE] Coinbase holding funds from me

    Posted: 13 Sep 2018 01:17 AM PDT

    If you missed it https://www.reddit.com/r/CryptoCurrency/comments/9f7en9/coinbase_are_holding_funds_from_me/?st=JM0AUOCU&sh=0a3778e0 After posting my complaint and it going nearly viral coinbase INSTANTLY got back to me with my funds.. something they could do for 7 months. Is it worth pursuing compensation or even lawyering up for the sheer amount of shit they've put me through?

    All of your comments were read and can't thank you all enough!

    submitted by /u/jaksteel
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    ETH vs. Apple products

    Posted: 13 Sep 2018 02:34 AM PDT

    Good work, Brainblocks!

    Posted: 12 Sep 2018 08:41 PM PDT

    Everyone's got a price prediction these days

    Posted: 12 Sep 2018 07:33 PM PDT

    ICON Yellow Paper Officially Released

    Posted: 13 Sep 2018 02:16 AM PDT

    After their last meeting on Saturday, EU Finance Ministers is in no rush to further regulate Crypto Market. It's ten years after the collapse of Lehman Brothers on September 15th, 2008 and the financial crisis and it seems like we learned nothing.

    Posted: 13 Sep 2018 01:09 AM PDT

    U.S. States Ask Indian Authorities to Seize Property of BitConnect Promoters

    Posted: 12 Sep 2018 06:23 PM PDT

    The demand for artificial intelligence is increasing dramatically, and the supply from traditional sources, like Google, IBM, Amazon, is not enough. New platform leverages blockchain to utilized GPU computing power around the world to solve this matter.

    Posted: 13 Sep 2018 12:42 AM PDT

    IOTA releases their Qubic roadmap!

    Posted: 12 Sep 2018 11:52 AM PDT

    Lithuanian Marathoners Earn Cryptocurrency as they Run

    Posted: 12 Sep 2018 10:39 PM PDT

    Why Does The Art Community Need Blockchain On Its Palette?

    Posted: 13 Sep 2018 03:25 AM PDT

    Tor Bair of Enigma Discusses Secret Contracts, Privacy, and Scalability.

    Posted: 13 Sep 2018 12:30 AM PDT

    Crypto is Having the Most Positive Month in History, When Will Prices Reflect it?

    Posted: 13 Sep 2018 01:35 AM PDT

    TE-FOOD accepted by the UN as a partner for the Sustainable Food Systems program!

    Posted: 13 Sep 2018 01:11 AM PDT

    Get ready for Big Bitcoin: Cryptocurrency industry opens a D.C. lobbying arm

    Posted: 12 Sep 2018 04:50 PM PDT

    One of the greatest opportunities in the history of man

    Posted: 12 Sep 2018 02:30 PM PDT

    I can't help but feel that for once, the people were out in front. We had the run on the banks, institutions, governments, conglomerates, you name it. The opportunity for people the world over to benefit from the digitization of cash and the emergence of blockchain, to better our positions, our systems and applications through technological advancement. And yet we have become collectively whipped, fearful of a rejected ETF, a manipulated article, or some BS about an institutional trading desk.

    The opportunity is still here, the potential for weath transfer still exists, though the institutions are much better equipped to profit as well now. Don't be coerced into passing up this once in a lifetime opportunity out of irrational fear, because paradigm shifts like this occur only once in a generation. Peace and prosperity

    submitted by /u/Hotsaucewingth
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    Beautiful example of how blockchain will begin integrating with third world countries

    Posted: 13 Sep 2018 01:48 AM PDT

    [ICON] Week 2 ICONick Update

    Posted: 12 Sep 2018 06:12 PM PDT

    EOS-powered dice game pays out $600K to one user in just 36 hours

    Posted: 13 Sep 2018 03:10 AM PDT

    Bitmex Accused of Manipulating Ethereum's Price

    Posted: 12 Sep 2018 06:08 AM PDT

    A reminder during these dark times - "Why Blockchain Matters"

    Posted: 12 Sep 2018 12:07 PM PDT

    TD Bank tweets about their partnership with Hydrogen - with an agreement that includes using Hydro

    Posted: 12 Sep 2018 07:48 PM PDT

    The Ethereum community are angry with Bitmex for apparently "Trying To Drown Their Coin"! Just another reason why decentralized exchanges will take off in 2019?

    Posted: 12 Sep 2018 08:18 PM PDT

    Crypto Corner: Stellar Acquires Blockchain Startup Backed by Visa

    Posted: 13 Sep 2018 02:34 AM PDT

    Honest reviews still exist? Shockingly honest APEX review found on Medium

    Posted: 13 Sep 2018 12:16 AM PDT

    This was very refreshing to see so it felt right to share with you guys. I just got through my Medium Daily Digest and there was a piece recommended on APEX. I opened the review expecting yet another shill piece, but I was pleasantly surprised to find some honest assessment of the project. I'll try to quote some of the main points of the review and you guys can check the full thing on Medium

    ​

    About

    ​

    APEX is a blockchain powering next generation consumer applications. It allows businesses and consumers to exchange data efficiently, more secure and in a transparent manner while giving back ownership to the rightful owner (consumer).

    ​

    The Positives

    ​

    The review then went on to discuss the team calling it an All Star Team

    All Star Team

    2 Forbes China 30 under 30 core team members (CEO and President)

    CEO is advisor for Microsoft, Lenovo and other Fortune 500 corporations.

    CTO was Director of Engineering at Alibaba and managed a team of 30+ R&D people.

    VP Product was Product Director at Alibaba

    VP Commercial Partnerships was Commercial Head at Microsoft for China Eastern Regions.

    Afterwards, the review goes through the existing company and its clients. A long list of clients is mentioned including

    Maserati, McLaren, Volvo, BMW, Chevrolet, Fairmont, Banyan Tree, Finnair, Aeroflot, Ferrari, Juwai, Starbucks, Hilton, Maserati, Suzuki, iGola, and many more!

    a few other positives including Masternodes and Roadmap are discussed. Those can all be seen on the Medium post

    ​

    The Negatives

    ​

    Next the guy speaks of the negatives with the project

    for anyone following the project, it is pretty clear that their biggest downfall was their choice of exchanges, and that is what the review also commented on.

    Current exchanges: Bit-Z, LBank & Switcheo.exchange
    Average daily volume: 30K USD

    Just by the 2 lines above, we can see that the team underperformed when it comes to exchange listing and providing liquidity. This has been probably the major downfall of the project which resulted in the huge price drop from the ICO price. Initially, the token performed really well. The expectations were high for the project and people had high hopes. The Exchange listing of LBank was a tough pill to swallow, but even then the community had some hope with the project. However, that unfortunately was slowly going away. The problem with liquidity in this space is that it creates bagholders of your day 1 supporters. Those are the people who have your back throughout all the months of developments.

    ​

    Finally a comment on the token price

    ​

    In my opinion, with mainnet coming soon, these price levels present excellent opportunities for the patient, dollar cost averaging and accumulating long term investor. It is probably not easy to pick up a lot with the current volumes but it could be a good idea to get into the project slowly. The CEO disclosed in a recent interview Crypto Zombie that he understands there's a liquidity issue at hand and the core team is working on it.

    ​

    ​

    Personal Opinion

    ​

    I kinda agree with most of what the review mentioned. It is very clear that the few exchanges for APEX arent doing it any favors.

    ​

    The liquidity is struggling and trading volumes are terribly low for a token to be of high value. I personally think that they have a good chance of hitting better exchanges once the market turns around. I think listing now in the current market state may be a bad decision anyway.

    submitted by /u/Suspicious_Ear
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