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    Cryptocurrency Daily Discussion Megathread - February 4, 2019

    February 04, 2019

    Cryptocurrency Daily Discussion Megathread - February 4, 2019

    Daily Discussion Megathread - February 4, 2019

    Posted: 03 Feb 2019 09:42 PM PST

    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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    Change my mind: Ripple (xrp) is NOT a cryptocurrency. It's a token issued by a company that pretends it is a cyrpto.

    Posted: 03 Feb 2019 09:18 PM PST

    Ripple doesn't have any if the qualities we look for in a cryptocurrency. It's centralized. Held by select few (poor distribution). 100% premined. It's more similar to Airmiles or credit card reward points than bitcoin.

    submitted by /u/AdvocateLLC
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    Why We Should be Keeping a Close Eye on South Korea for Blockchain Adoption

    Posted: 03 Feb 2019 10:51 PM PST

    While many Countries are still shuffling their feet with Blockchain and regulation, South Korea is consistently producing news of new innovation, Government rebates for Blockchain related businesses, and finding ways to use the technology in their day to day lives. Much futurism.

    Recently, the second largest Korean political party is looking to implement Blockchain in four major areas:

    1. To record meeting results of assemblies.
    2. Record and evaluate key performance indicators of members activities.
    3. Using Blockchain tech for the voting process of elections.
    4. Using Blockchain for a petition system, preventing manipulation of comments submitted by party members.

    They also mentioned the possibility of providing tokens to members (Although there isn't much detail on how this would be implemented or what it will be used for)

    The Government has also recently introduced a tax credit to Blockchain based businesses to help with research and development which will hopefully spark more interest in the space.

    In addition, there have also been reports that the Goverment plans to invest in the development of a virtual power plant which will cost about 4 Billion Korean won (approx $3.5M USD) which will be a central system to be able to establish data transfer between all power plants participating in the network.

    Another progressive push is to build a Blockchain Hub which hopes to rival Zug in Switzerland. Some heavy investors are investing into the hub such as Nuri Telecom, Pusan National University, Busan City Gas and the Korean Industrial Complex Corporation.

    We have also seen some very successful Blockchain companies complete funding in the past 12 months, and if you ignore the speculative value of these tokens, they are indeed developing relationships with the Korean Government as well as enterprises of all sizes.

    For transparency sake, I am not from South Korea but I do follow them closely as from all the negitivity in the space right now, it is great to see somewhere in the world ignoring the noise and putting this great technology into real use.

    submitted by /u/Bailiwick9c
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    Korean Political Party want to Implement Blockchain for Elections

    Posted: 03 Feb 2019 10:49 PM PST

    CZ announces credit card acceptance for Binance, and we respond with:

    Posted: 03 Feb 2019 03:45 AM PST

    "The banking system must change, and change for ever", says Australian Royal Commission today

    Posted: 03 Feb 2019 11:12 PM PST

    The damning inquiry released today into the incredibly profitable big Australian banks reveals that board-level deception and weak regulators allowed the big end of town to pile up money while ordinary people were exploited. These are the same banks that continually try to prevent customers buying crypto or even withdrawing too much cash.

    https://www.abc.net.au/news/2019-02-04/banking-royal-commission-report/10777170

    submitted by /u/Angel_Madison
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    Binance Shares the Same Address as Tron!

    Posted: 03 Feb 2019 06:59 PM PST

    Why South Korea Had to Ban Crypto ICO Losing Multi-Billion Dollar Opportunities

    Posted: 04 Feb 2019 12:50 AM PST

    Using BrainBlocks PoS and Nano wallet to pay my friend my share of the bill

    Posted: 03 Feb 2019 08:51 AM PST

    Dutch govt to use blockchain for waste transportation automation with Belgium

    Posted: 04 Feb 2019 01:16 AM PST

    Fidelity to Reportedly Launch Bitcoin Custody Service in March 2019

    Posted: 03 Feb 2019 04:56 PM PST

    Crypto Fundamentals Now Stronger Than During Last Bear Market, Says Pantera Capital's CEO

    Posted: 04 Feb 2019 01:18 AM PST

    BTC and LTC Halving. ETH Reducing Block Rewards By February. These Events Alone Give Us Bullish News.

    Posted: 03 Feb 2019 12:22 PM PST

    80 minute long interview of NEO Founder Da Hongfei answering hard & juicy questions about NEO & problems that need to be fixed, talks funding and speaks out about the future of NEO in a transparent way

    Posted: 03 Feb 2019 02:33 PM PST

    How Gamers are Cashing in using Non-fungible Tokens - Do you have any success stories?

    Posted: 03 Feb 2019 09:03 PM PST

    Millennials’ pay still stunted by the 2008 financial crash

    Posted: 03 Feb 2019 10:44 AM PST

    Anyone working fulltime in the blockchain/crypto space and feeling the heat

    Posted: 03 Feb 2019 08:38 PM PST

    Been reading about a crypto company laying off or shutting down every other day, and also personally know many people who have been retrenched. Was wondering whether I try to transition out of the space before the layoffs hit me hard. Anyone here has exited working in a blockchain firm full time and went back to more traditional industries?

    submitted by /u/Roneldo
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    "And every week supporters reassure us it's safe and stable and better than gold or dollars." Really? Do you agree?

    Posted: 04 Feb 2019 02:50 AM PST

    Attack surface on bitcoin is shrinking: Taproot to increase privacy and fungibility of BTC

    Posted: 03 Feb 2019 12:47 PM PST

    Charlie Lee says BTC will hit $20K+ within 3 years on Litecoin Telegram

    Posted: 04 Feb 2019 02:19 AM PST

    Did CEO Of Quadriga Fake His Own Death For $180 Million?

    Posted: 03 Feb 2019 03:02 PM PST

    Binance Users Now Able To Pay For Crypto With Credit Cards

    Posted: 04 Feb 2019 12:26 AM PST

    Australian Government takes unique stance on cryptocurrency | Micky

    Posted: 04 Feb 2019 02:52 AM PST

    [Help]: I don't think I get this trading thing..

    Posted: 04 Feb 2019 02:22 AM PST

    hey guys,

    So, i'm on binance and i'm trying to short BTT. Only cos its so low and I figured it's a good coin to get started with.

    Question 1

    I bought some at $200 at 0.0006794 which got me 294377. The price went up and I sold them all at 0.0007200 which should have got me: $211. however I had $190.

    Why did I have less to begin with?

    Question 2

    The buy sell book is also a mystery to me. There were tons of green buys with the green backgrounds and high numbers and not that many sells. (where there are billions for both ways but the sells looked less and visually there was a block of green)

    I thought the price was going to go up but then it went down 10%. Wtf happened?

    Can anyone point me to great resources to understand both of these or explain for me?

    Thank you

    submitted by /u/pmayall
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    QuadrigaCX Chain Analysis Report (Pt. 1): Bitcoin Wallets

    Posted: 03 Feb 2019 09:55 AM PST
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