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    Cryptocurrency Daily Discussion Megathread - December 11, 2018

    December 11, 2018

    Cryptocurrency Daily Discussion Megathread - December 11, 2018

    Daily Discussion Megathread - December 11, 2018

    Posted: 10 Dec 2018 09:42 PM PST

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

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    Thank you in advance for your participation. Enjoy!

    submitted by /u/CryptoCurrencyMod
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    Japanese politician proposes relaxing crypto laws to boost adoption

    Posted: 11 Dec 2018 12:14 AM PST

    When you bought Bitcoin at 6k thinking it was going to be ok

    Posted: 10 Dec 2018 11:19 AM PST

    NanoQuake Trailer

    Posted: 10 Dec 2018 10:03 PM PST

    Just a reminder to those new to Bitcoin. You do not need to buy a whole bitcoin to start investing at these lower prices. You can buy any partial bitcoin amount you would like. You can start with $10. Or $20 or $50. Or whatever amount makes the word count high enough.

    Posted: 10 Dec 2018 10:16 PM PST

    Just a reminder to those new to Bitcoin. You do not need to buy a whole bitcoin to start investing at these lower prices. You can buy any partial bitcoin amount you would like. You can start with $10. Or $20 or $50. Or whatever amount makes the word count high enough so the bot doesnt remove this post. :-)

    submitted by /u/Aszaszasz
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    Accumulating & hodling now for the next several years may be your last chance to find any rest in this life.

    Posted: 10 Dec 2018 04:33 AM PST

    12 days of Coinbase announcements

    Posted: 10 Dec 2018 01:46 PM PST

    Suspicious connections found between Coinbase listings and private investor groups

    Posted: 10 Dec 2018 04:02 PM PST

    From space exploration to exploring the crypto space. A former engineer at Elon Musk’s SpaceX launches cryptocurrency exchange

    Posted: 11 Dec 2018 02:46 AM PST

    This year is one of the worst year ever in terms of stolen Crypto. $1.61 Billion lost to scams and hacks in the first five months of 2018 alone, compared to $2.52 Billion since June 2011

    Posted: 11 Dec 2018 01:47 AM PST

    KFC Venezuela Begins Accepting Dash Crypto

    Posted: 11 Dec 2018 02:30 AM PST

    Bitmain’s Facebook account has been hacked

    Posted: 11 Dec 2018 02:31 AM PST

    The Bear Market 2018 Most Rekt to least Rekt

    Posted: 10 Dec 2018 12:26 PM PST

    Visa is taking a closer look at blockchain technology

    Posted: 11 Dec 2018 01:44 AM PST

    I am a shareholder of VISA and received a report. There was an annual meeting and you can find details here:

    https://materials.proxyvote.com/Approved/92826C/20181130/AR_377029.PDF

    ​

    This link includes this:

    The global payments industry is undergoing significant and rapid technological change, including

    mobile and other proximity payment technologies, ecommerce, tokenization, cryptocurrencies, and

    new authentication technologies such as biometrics, distributed ledger and blockchain technologies. As

    a result, we expect new services and technologies to continue to emerge and evolve. In addition to our

    own initiatives and innovations, we work closely with third parties, including potential competitors, for

    the development of and access to new technologies

    submitted by /u/vovr
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    Ripple-Powered Payments App Launches In Korea, Major Expansion Across Southeast Asia Underway

    Posted: 10 Dec 2018 08:54 PM PST

    US Government Introducing Crypto Legislation

    Posted: 10 Dec 2018 11:21 PM PST

    COSS v1.2 just went live, and it’s Awesome!

    Posted: 10 Dec 2018 02:34 PM PST

    Third cohort of IOTA ecosystem funds announced! Also you should check it out and apply to build on top of the Tangle!

    Posted: 10 Dec 2018 11:13 AM PST

    CME Bitcoin Futures 141% Volume Increase in November - Is this causing the sharp decline in crypto space?

    Posted: 11 Dec 2018 03:21 AM PST

    Scam : the story of $800 million hedge fund fraudster Boaz Manor who led the alleged $31 million Block

    Posted: 10 Dec 2018 06:22 PM PST

    The Great 2018 Crypto Bull Run- Dec 9 (6:00am) to Dec 10 (12:00pm). What a ride its been.

    Posted: 10 Dec 2018 06:47 PM PST

    I'm not distraught over this downturn

    Posted: 10 Dec 2018 09:37 AM PST

    I bought in when I thought the market hit bottom back in March, again in April, June, July....you know what, just about every month this year.

    Not a lot, $50 here, $100 there, just whatever I can spare after paying bills.

    Obviously no one wants to watch the value of their investment decline, but i'm not upset, because while the value of what i already have is down, that also means the price is down.

    The only thing that's upsetting is that I wish I had more money to throw in.

    submitted by /u/athei-nerd
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    Bitcoin Shorts Reach All-Time High As More Money Than Ever Is Betting We Are Going Down

    Posted: 10 Dec 2018 05:58 AM PST

    Innovation Continues Despite Crypto Crush, 0x Launches Web and dApp Payment Platform

    Posted: 11 Dec 2018 01:44 AM PST

    Another Exit Scam? This time Project Shivom, raised $35m less than a year ago, closing down secretly

    Posted: 10 Dec 2018 07:56 AM PST

    Project Shivom raised $35m during their ICO, but have been plagued by doubts since their scheme with all sorts of questions about the way the token structure was organised to enrich the founders.

    Now, if you look on companies house, the company behind it is being struck off: https://services.gov.im/ded/services/companiesregistry/viewcompany.iom?Id=458387

    Members of the community were banned from asking difficult questions during the recent AMA which were all ignored. These included:

    • Can you please update on the status of Per Lind, who was your co-founder and CSO during the ICO. He's obviously experienced with IOTA tangle, so if he's left, what impact will that have on integrating tangle into your technical roadmap? If he has left, why? And why was there no announcement?Per Lind has since shared the fact OMIX Ventures is closing, but has received a cease and desist letter, despite the information being shared factual and publicly available?

    • Which fundamental platform is Shivom being built on? Etherereum is being used for trading then but you don't say which will be used for base features. The Whitepaper suggests it might be hyper ledger, qtum or another. Which one is it?

    • How much data has been gathered and added to the BigchainDB & mean protocol you discuss in your whitepaper, to test your decentralised plans?

    • One of your other co-founders Sally Eaves is no longer listed on the website. Is she still part of the team? If yes, what is her role in the company now? If no, why did she leave with no announcement?

    • What are the terms of the $200k payments made to Genetic Technologies in the summer? Is that for testing kits in India, or analysis of the kit results? How much of that money has been utilised to date? - What is the latest developments in Andhra Pradesh? What actions have taken place on the ground since you signed the MOU?

    • Your roadmap said q3/q4 2018, 'the co-development of SNP diagnostic panels'. What is the latest update on this? Who will they be co-developed with? What's happened to date?

    • The roadmap said q3/q4 2018 the Shivom Foundation would be made. Has it? What' the latest development?

    • The roadmap said q4 2018 to q1 2019 "the first genomics service unit will open. Will it? Where will it be located and what service will it be providing?

    Legal troubles, and key players removed

    Amongst all this, one of their main investors, Digital X, is being taken to court over providing false and misleading information to their shareholders:

    Source: https://stockhead.com.au/tech/shivom-ico-revealed-as-grounds-for-digitalx-lawsuit/

    Their legal representatives have also cut ties with them:

    Source: https://imgur.com/a/Da9iLyt

    Per Lind, their co-founder, has called them CryptoCrooks publicly:

    Source: https://imgur.com/a/aNlpblW

    And to stress again, the company is now being closed down with no communication:

    Source: https://services.gov.im/ded/services/companiesregistry/viewcompany.iom?Id=458387

    I asked about the company being struck off in the telegram and was immediately banned. The fact they are closing down (as shown with companies house) with no communication to their community screams EXIT SCAM!

    Edit: - For clarity, I think this is an exit scam rather than a failed venture because the company is encouraging people to buy tokens by launching 'token buy back schemes' while the company is being legally wound up. If it were a failed venture, it would not act in such a way. The team is banning people from their channels who ask questions about them closing down, further showing unethical behaviour.

    submitted by /u/timberland_13
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