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    Cryptocurrency Daily Discussion Megathread - October 11, 2018

    October 11, 2018

    Cryptocurrency Daily Discussion Megathread - October 11, 2018

    Daily Discussion Megathread - October 11, 2018

    Posted: 10 Oct 2018 10:55 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

    To see the latest Weekly Support Discussion, click here

    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 The prior exemption for karma and age requirements is no longer in effect.

    • Discussion topics must be related to cryptocurrency.

    • Comments will be sorted by newest first.

    Guidelines:

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

    • Breaking news should be posted separately from this thread.

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    • Consider checking out our Weekly Skeptics Thread for discussion focused solely on critical analysis. Click here and select the latest thread on the search listing.

    Thank you in advance for your participation. Enjoy!

    submitted by /u/CryptoCurrencyMod
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    Monthly Skeptics Discussion - October, 2018 | Pro & Con-test - Privacy Coins: Monero, Dash, Zcash, PIVX, and Verge

    Posted: 01 Oct 2018 02:20 PM PDT

    Welcome to the Monthly Skeptics Discussion thread. The goal of this thread is to promote critical discussion and challenge commonly promoted narratives through rigorous debate. It will be posted and stickied every Sunday. Due to the 2 post sticky limit, this thread will not be permanently stickied like the Daily Discussion thread. It may often be taken down to make room for important announcements or news.

    To see the latest Daily Discussion Megathread, click here

    To see the latest Weekly Support Discussion, click here

    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.

    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.

    • Share links to any high-quality critical content posted in the past week. To help with this, try searching through the Critical Discussion search listing.

    Resources and Tools:

    • Click the RES subscribe button below if you would like to be notified when comments are posted.

    • Consider participating in the monthly Pro & Con-test, formerly named the Pro & Con Contest which will be stickied inside the Skeptics Discussion on the 1st of every month. Since it is a pilot project, the rules and format may evolve over time. See the offical contest thread for more details when it gets posted and stickied below.

    Thank you in advance for your participation.

    submitted by /u/CryptoCurrencyMod
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    Sudden drop in price...!?

    Posted: 10 Oct 2018 07:14 PM PDT

    I ask myself this all the time.. whenever it happens.

    Why does the price of the entire market literally look like it has just fallen off of a cliff?

    No news.. no FUD.. no idiots screaming.. but the entire market just literally goes down 10-20% for what seems no reason.. why does this happen?

    I'm asking honestly... I've been into crypto for a long time.. I just don't get it!

    Anyone that feels like filling me in... besides the fact that I'm an idiot.. please, feel free! None of this makes any sense whatsoever..

    Good luck out there!

    submitted by /u/the_antonious
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    I don't care about price anymore, my dentist accepts crypto.

    Posted: 10 Oct 2018 05:43 AM PDT

    Stop looking for farfetched reasons. This is clearly the culprit

    Posted: 11 Oct 2018 02:40 AM PDT

    I'm so disappointed how crypto prices reacted to yesterday's stock market "crash"

    Posted: 10 Oct 2018 11:28 PM PDT

    I like to invest into crypto because I see it as an alternative to the traditional financial system. I hoped when this economical bubble we are currently living in deflates, some money is going to stream into crypto and it's going to get stronger.

    ​

    But today we could see the exact opposite. The Dow Jones Industrial Average had one of the biggest drops this year and crypto prices followed. While other alternatives to fiat, like gold, had a really good day. I understand that most of the money in crypto is just speculation and everyone just keeps treating it as the "more volatile stock market". But I would be lying if I said; I was not a bit disappointed that the original idea and community around crypto faded away. Nobody is going to want to buy bitcoin if we have a new recession, everyone is going to be running away into safer assets.

    ​

    And what is a decentralised asset worth if nobody trusts it?

    submitted by /u/b3no_coin
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    A Better Take on Scalability and Token Distribution

    Posted: 10 Oct 2018 10:24 PM PDT

    Canadian Bank with $51B in assets announce support for Crypto companies

    Posted: 10 Oct 2018 06:45 PM PDT

    LoMoPay (of the LoMoStar app) leaked video showing integration with businesses in Asia to adopt crypto payments

    Posted: 11 Oct 2018 03:40 AM PDT

    With GPU Sales Cooling After Crypto Craze, Investors Ask What’s to Happen With the Mining Infrastructure

    Posted: 11 Oct 2018 01:08 AM PDT

    Many people are often confused between coins and tokens. So what are ERC20? What do they do? And why they are so crucial for the Ethereum economy and the crypto market as a whole

    Posted: 11 Oct 2018 01:58 AM PDT

    DOW falls. Bitcoin does not respond at all. That's the most promising thing you'll see all year.

    Posted: 10 Oct 2018 02:31 PM PDT

    These swings from either side without the other corresponding show how little correlation there is between these two asset types.
    This is great. It means that crypto is it's own thing. It's not propped up by anything else and it's not held down by anything else. An asset type that doesn't respond positively or negatively to other asset type is something very unique.

    EDIT: FML

    submitted by /u/Thefriendlyfaceplant
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    Cryptocurrency Portfolio Tracker Blockfolio Raises $11.5 Million

    Posted: 10 Oct 2018 07:18 PM PDT

    Liquid looks to bring a fresh wave of traders into the space with new crypto ad

    Posted: 11 Oct 2018 03:54 AM PDT

    [VeChain Foundation] Introducing the VeChain Technical Deep Dive Series

    Posted: 10 Oct 2018 10:31 AM PDT

    ElementsEstates / Events in Dubai, London & Malta - Pre-sale announcement!

    Posted: 11 Oct 2018 02:34 AM PDT

    Elements Estates has started to attend several big events and business meetings in Dubai with Agora Group, business and private meetings in London, Delta Summit event in Malta.

    ​

    During these events and meetings, Elements Estates team has met some very serious and promising private contributors. We are currently in numerous negotiations with them and we want to use these opportunities to its fullest potential. The amount of positive feedbacks from the meetings was tremendous and we want to make sure to give enough time for follow-ups and opportunities to further discussion in order to raise as much capital as possible in the private sale.

    ​

    Because of these big opportunities, Elements Estates has chosen to postpone the Pre-ICO sale and the Crowd sale a month further (pre-ICO will start 17/11/2018 - 26/11/2018 and Crowd sale will start 29/11/2018 - 19/12/2018).

    submitted by /u/MarkNLcm
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    The Forefront of Blockchain Technology — Best Teams Leading The Cryptocurrency Space.

    Posted: 10 Oct 2018 05:55 PM PDT

    IOST CMO Sa Wang On Bloomberg Explaining Why IOST Is Better than Ethereum

    Posted: 10 Oct 2018 06:34 PM PDT

    Are there serious investment strategies you can use to increase your Bitcoin?

    Posted: 11 Oct 2018 01:26 AM PDT

    Attn Dapp Developers - ICON Announces No Transaction Fees for First 100 Dapps Built on the ICON Platform

    Posted: 10 Oct 2018 07:29 PM PDT

    Fyi to any developers out there that may be looking for a platform to build on. Min Kim just announced that the first 100 dapp projects to build on the ICON platform will not have to pay any transaction fees.

    The developer portal is here if you want to take a look: icondev.io. Heads up - it is still fairly new but is growing daily. There is a contact form available if you have questions or need to speak with the team.

    Best of luck with your dapp regardless of the platform you choose! 👍

    submitted by /u/radiofriendly123
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    Genesis Vision Partners with OKEx

    Posted: 10 Oct 2018 12:59 PM PDT

    Former Bitmain’s Chip Designer’s Company Is Looking to Take on Bitmain

    Posted: 10 Oct 2018 10:34 AM PDT

    Made a Cryptocurrency Wiki, since Bitcoin Wiki is censored and didn't cover intertwined connections, which to me is very interesting

    Posted: 11 Oct 2018 03:56 AM PDT

    I know today hurts us in our portfolios but hey, let's focus on building the ecosystem instead of focussing on price drops like the ones today.

    This collection of information started out as a way to aid my own memory since there is so much happening in this crypto space. Can't remember every technical term, name and connection, right?

    https://zdl-crypto.wikia.com/wiki/ZDL_Crypto_Wiki

    Some of this info is not necessarily my own opinion plus I have tried to stay as neutral as possible.

    The wiki is divided in 4 sections:

    Jargon/Various

    In which you will find explanations on often used terms and slang. Stuff like Whales, UASF's, what a nonce is and many Proof-of's).

    Coins/Tokens

    A long list of many cryptocurrencies and all the info I have come upon. Big ones like Bitcoin) and Monero). And smaller ones like FlorinCoin) or Veritaseum). Scams are also warned for.

    Companies/Organisations

    The many groups and projects that circle around this Crypto mania. Exchanges like Kraken, wallets like Jaxx, see all the intertwined links a company like Digital Currency Group has. But also big known names like Google and Microsoft have a lot of links with crypto projects these days.

    People

    Where you can read that Jesse Powell played Magic the Gathering with Roger Ver in highschool or how many projects Anthony Di Lorio is involved in. Get to know Steven Nerayoff, a man who advises at least 9 projects.

    Like I said, it started out as just something I made for myself, but grew, and now friends and also anons use it to quickly check something out or refreshen their memory.

    I am only human, so if there are mistakes, or something that is outdated, or is missing, hit me up or help out!

    Found this helpful?

    You might wanna check out my Medium account, I made a couple pieces to help out new beginners, stuff like and introduction to Crypto, how to accept crypto in your own business, and also a checklist to use before you invest into a coin. They were made back in early 2017, so some information might be a bit dated, but they have helped out many people I met at meetups and stores or online.

    Have a good one fellow blockchain fanatics!

    submitted by /u/DVrij
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    What are all the different stablecoins out there and how do they work? [r/CryptoCurrency Events]

    Posted: 10 Oct 2018 02:33 PM PDT

    Forbes, the 100-year-old international business media giant, announced that it has partnered with Civil, the Blockchain based journalism platform, becoming the first major media company to experiment with publishing content on a Blockchain platform.

    Posted: 10 Oct 2018 06:31 AM PDT

    Mastercard Making Moves Toward Potentially Enabling Bitcoin & Cryptocurrency Transactions

    Posted: 10 Oct 2018 07:37 AM PDT
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