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    Cryptocurrency Daily Discussion - April 26, 2019 (GMT+0)

    April 26, 2019

    Cryptocurrency Daily Discussion - April 26, 2019 (GMT+0)

    Daily Discussion - April 26, 2019 (GMT+0)

    Posted: 25 Apr 2019 05:14 PM PDT

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

    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 exercise utmost caution before acting on any trade tip mentioned here.

    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 The prior exemption for karma and age requirements is no longer in effect.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.
    submitted by /u/AutoModerator
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    Bitfinex Used Tether Reserves to Mask Missing $850 Million, Probe Finds

    Posted: 25 Apr 2019 02:32 PM PDT

    Old screenshot I took of Silk Road just weeks after it had opened

    Posted: 25 Apr 2019 10:16 AM PDT

    'When delisting Tether?'

    Posted: 25 Apr 2019 07:46 PM PDT

    It's been a long time since we dealing with this lack of trust.

    In a blockchain environment this is a joke!

    Now Tether is facing a serious issue with government.

    We saw what happened with Bitcoin SV after big Exchanges worked out in the same agenda.

    Tether is bringing so much trouble for the market, so why not?

    What is your thoughts about this?

    submitted by /u/edcwb
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    The pro-crypto candidate for the US 2020 election that everyone said didn't stand a chance just pulled in a 4,000 crowd. That's 10x more people than a few weeks ago

    Posted: 26 Apr 2019 01:46 AM PDT

    Colin from nano comments on stable coins

    Posted: 25 Apr 2019 01:21 PM PDT

    Binance Launchpad: Matic Token Sale Results | Binance Blog

    Posted: 26 Apr 2019 01:57 AM PDT

    Crypto currencies and Blockchain will fail they said, history repeats itself

    Posted: 25 Apr 2019 07:08 AM PDT

    Doing my part to decentralize and defend the peoples digital currency

    Posted: 25 Apr 2019 09:06 PM PDT

    Samsung Invests $2.9 Million in Crypto Wallet Manufacturer Ledger

    Posted: 25 Apr 2019 01:40 PM PDT

    Art piece seen in the RBC bank center in Toronto

    Posted: 25 Apr 2019 10:01 AM PDT

    The 'Amazon of Japan' enters the crypto space - as the nation's #1 online retailer, many believe they could trigger the next bull run...

    Posted: 25 Apr 2019 06:53 PM PDT

    Bitfinex Responds to NY AG Allegations: "Written in Bad Faith," "False Assertions"

    Posted: 26 Apr 2019 01:57 AM PDT

    IOTA Opens Up IOTA Academy program | cooperation with the IOT1 Academy

    Posted: 25 Apr 2019 10:29 AM PDT

    "Trustlessness" is one of Bitcoin's greatest properties. -Satoshi "Hold my Beer" -Tether

    Posted: 26 Apr 2019 12:21 AM PDT

    CMC shows USDT still trading near $1 even though NY AG claims $850M has been pillaged. Who the hell is paying $1 for USDT?

    Posted: 25 Apr 2019 04:40 PM PDT

    Seriously. This shows how dumb people in this space are. NY AG claims $850M of the USDT supply is a result of fraud and people don't think it effects how much USDT should be valued at.

    This is why no one takes crypto serious.

    submitted by /u/gasfjhagskd
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    Tether - Bitfinex vs Merrill Lynch: The NY AG holds double standards explained by Caitlin Long

    Posted: 26 Apr 2019 01:40 AM PDT

    Bitfinex Sued by NY Attorney General, 300 Hacked Bitcoin Addresses Moved

    Posted: 25 Apr 2019 03:36 PM PDT

    Does anyone think that Bitfinex is going to shut down???

    Posted: 26 Apr 2019 12:49 AM PDT

    Serious question as I've seen some comments suggesting this.

    This scandal just doesn't seem that significant to me. Yeah it's ugly but compared to the scale of Bitfinex's operations, it just seems like a drop in the ocean. Kind of akin to Volkswagon's emissions scandal. It hurt the company's reputation and caused some legal messiness, but I don't think that anyone was expecting VW to shut down.

    Furthermore, it was recently reported that most of the volume on most exchanges is FAKE, and that Bitfinex is one of the few exchanges with actual real volume. I mean, the whole exchange ecosystem is scandalous. This isn't new news.

    If I'm missing something here, please enlighten me.

    submitted by /u/DoItYrselfLiberation
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    One Good Reason we need mass adoption to decentralized networks: 1) YouTube Is a PissHole.

    Posted: 25 Apr 2019 09:38 PM PDT

    Yeah it is.

    I'm not gonna go off on every reason YouTube sucks because most people already know however, here is One example followed by a solution.

    "Fake copyright claims"

    New Creators(who created their own original content) just starting to see decent activity will more times than you know be subjected to predatorial Channels that take their videos, post them, then make fake copyright claims on your video.

    Here's the ticket - YouTube strictly states "they cannot make the determination of who actually owns the content because they must follow very strict copy right laws, and take down the video you posted.

    The only option to an appeal is to post all of your personal information to the people who made the fake claim, and ask them to drop it. Otherwise, you will have to settle disputes in a court. The fake claimers will continue to profit until the case is settled.

    Sounds great! However most of these channels are operated out of different countries using proxies. The likely hood of you getting your measly couple of hundred bucks from these people are slim to 0.

    It's only worth it if you're already popular, and you have lawyers on standby ready to contact YouTube.

    How can they convince YouTube they are a legit company?

    Occult organizations or just flat out criminal individuals create off shore business licenses in countries where laws are super lax. Through this legit company info, YouTube has to accept them as a legit business. YouTube doesn't have the jurisdiction to determine that legal information from another country is not legal. They would have to go out of their way and contact the local government in that country for an inquiry. It's up to that government to do an investigation over the matter.

    Now , this simply is not feasible for YouTube to go out of their way over every little video that made under a measly $10 in monetization.

    So you see, it's a legal loophole that can be exploited. These people know you're not gonna go out your way to get your little monies worth so they will leach pocket change from 100,000 videos. That ads up to millions in revenue. Users aren't going to notice because these videos barely have over 20k views. Any monetization gained from their fake copyright claim is quickly funneled out. Even if you put a complete stop to these people they will most likely have something new already set up doing the same exact thing, then you have to go through the process all over again.

    Good luck

    This is appalling at best, and yet another reason to go decentralized.

    With decentralization, we can craft almost unbreakable smart contracts that you make before you post content. The criminals would have to bring you to court in order to steal your video, and that's clearly not gonna happen. Especially if these people are floating around in some 3rd world country.

    It's a simple concept , no middle man. Just nodes. If nodes exist all over the world. Or "PODS" as diaspora(first decentralized social network) would call it, there's just no feasible way to stop the network . You will always be able to retrieve your smart contract.

    One common argument I hear is "well then people can make fake smart contracts and steal your content before you post".

    The chances of someone posting your homemade content before you do is almost non existent outside of hacking your PC 24/7.

    That's all.

    MASS Adoption. I support every crypto attempting to do this. Even shit coins

    submitted by /u/JuicySpark
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    What is this shit joining my telegram group? How can people take cryptos seriously if sverything related is basically spam and scam?

    Posted: 25 Apr 2019 10:40 PM PDT

    VeChain Launches Revolutionary One-stop BaaS Platform — VeChain ToolChain, Now Anyone Around The World Can Implement Blockchain Technology

    Posted: 25 Apr 2019 06:42 AM PDT

    Look What I've Bought

    Posted: 26 Apr 2019 03:41 AM PDT

    Bitcoin (BTC) Stumbles As New York Attorney General Accuses Crypto Exchange Bitfinex and Tether of Massive Cover-up

    Posted: 25 Apr 2019 07:32 PM PDT

    Bitcoin broke 400k transactions yesterday. April 24th now ranks 8th on all-time txs/day for Bitcoin.

    Posted: 25 Apr 2019 06:34 AM PDT
    Read more
    at

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