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    Cryptocurrency Daily Discussion - August 17, 2019 (GMT+0)

    August 17, 2019

    Cryptocurrency Daily Discussion - August 17, 2019 (GMT+0)

    Daily Discussion - August 17, 2019 (GMT+0)

    Posted: 16 Aug 2019 05:13 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 The prior exemption for karma and age requirements is no longer in effect.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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    Bitcoin predecessors that created some foundational principles for bitcoin

    Posted: 16 Aug 2019 12:42 PM PDT

    IOTA Wallet can now be implemented on every 5$ ESP32 microcontroller!

    Posted: 16 Aug 2019 11:59 PM PDT

    CorRECtIoN

    Posted: 16 Aug 2019 09:02 PM PDT

    Something is extremely strange with this sub lately.... it seems the only thing that gets massively upvoted to oblivion is NANO. Is this real or bots?

    Posted: 16 Aug 2019 05:39 AM PDT

    Might as rename this shit to NanoDaily cause no1 talks about anything else. I just cant believe this amount of hopeium is real. This is the main reason why I havent bought. Something smells wrong. Last time I saw a post get hellllla upvotes constantly was

    Req, Power, relex, elec, sub, and some other shitcoin that didnt do anything...

    Now the same brigading is happening with nano....

    I'll just wait til they get an attack from their own community, from the govt, and from cypher punks, and survive it...I'll consider.... for now shit smells like fish.

    Edit: 313 comments!!!!! God damn... it's almost ironic that the thing I'm questioning happening to be fake is happening right now on this post. Mention nano = millions of comments and upvotes. Is this natural? Bots? Did I ask a good question? What's going on?????

    submitted by /u/WeakHands_Trader
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    "The growth of DeFi on Ethereum over the past 9+ months is truly a marvel to look at...snapshots @ Nov 2018, May 2019 & Aug 2019" - AlethioEthstats

    Posted: 17 Aug 2019 12:22 AM PDT

    BANANO releases meme-rich, interactive and animated Yellowpaper!

    Posted: 16 Aug 2019 12:00 PM PDT

    PSA: Monero protects the user from dusting attacks because public addresses do not appear on the blockchain

    Posted: 16 Aug 2019 11:58 AM PDT

    Correct me where I’m wrong...

    Posted: 16 Aug 2019 07:04 PM PDT

    I've seen some people throw around the term "shitcoin," referring to anything with a lower market cap than the largest crypto (not to be named so as to avoid the appearance of accusations).

    This term, however, is better applied to any crypto that promises more than it currently can deliver.

    For example, if any crypto does not deliver on its central promise should be labeled a shitcoin, whatever it's market cap. For example: If a coin promises to be a means of transaction, but is very impractical to use and has no functional alternatives (on first or second layer) for the foreseeable future, that coin should be labeled a shitcoin regardless of how many people have expressed interest in owning it and whatever it's current market cap.

    Conversely, any coin that presently does deliver on its central promise should not be labeled a shitcoin, whatever it's market cap.

    Any other method of deciding "shitcoin" from not shitcoin is susceptible to various biases and misconception - confirmation bias (or, very slow confirmation bias), bandwagon fallacy, anchor bias, etc.

    Correct me where I'm wrong...?

    submitted by /u/mlgoody
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    Dai questions

    Posted: 17 Aug 2019 03:02 AM PDT

    How would Dai fare if there was a global recession? I suspect ETH to go down and bitcoin to steadily rise. So, wouldn't that mean Dai would be worth more than a dollar since it uses Etherum as a value instrument or would something occur that would force Dai to stay a dollar. At which makes Dai worthless in sense of the market? Basically, would they raise the liquidation fee rate to an extreme amount or just collapse?

    For example, you deposited 1 ETH and generated 90 dai where you bought Bitcoin with it. ETH collapses down to trading $120 and you buyback the 1 ETH you bought with Dai later on by selling back the bitcoin. Doesn't that mean you gained $65 minus the liquidation fee since you keep that ETH?

    submitted by /u/Spartarc
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    Bakkt Says It’s ‘Cleared to Launch’ Bitcoin Futures Next Month

    Posted: 16 Aug 2019 05:13 PM PDT

    Pull Crypto Wallet Balance directly on Google Sheets (+150 coins available)

    Posted: 17 Aug 2019 02:08 AM PDT

    Brave: The Browser for Today

    Posted: 16 Aug 2019 05:43 PM PDT

    Bakkt launch September 23

    Posted: 16 Aug 2019 08:19 AM PDT

    IRS sending out 2nd round warning letters

    Posted: 16 Aug 2019 12:22 PM PDT

    Who on /r/cc has the best posts that dont age badly?

    Posted: 16 Aug 2019 04:54 PM PDT

    There's way too much to read here on a daily basis. Not many of us have time to research every user's history to find out if they're a shill or fudster or just make horrible predictions. I'd rather just follow a few users that have decent track records. Who have you noticed has a good long term reputation here with posts that actually age well?

    submitted by /u/jetscape
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    Nice

    Posted: 16 Aug 2019 01:19 PM PDT

    Age of Rust Game Trailer - built in Unity & features blockchain game assets backed by Enjin on the Ethereum blockchain

    Posted: 16 Aug 2019 11:01 PM PDT

    Wired: Serious Money Warming to Bitcoin

    Posted: 16 Aug 2019 04:29 PM PDT

    The biggest driver in the adoption of crypto will be negative interest rates. We are reaching a point where we will have to pay banks to hold out money (they are already beginning to pay people to borrow it). Soon everyone will have no choice but to consider crypto as a serious store of value.

    Posted: 16 Aug 2019 04:54 PM PDT

    The Internet has been Ruined and BTC is not the answer yet.

    Posted: 16 Aug 2019 05:04 PM PDT

    The Internet has been ruined and needs to evolve quickly for the sake of humanity.

    Private companies, goverments, internet infrastructure giants and the institutions who you buy internet from are monitoring everything you do.

    You are being monitored at all times if there is a phone, smart TV, smart watch, 5G cell tower.

    Your location, your communications of all types. Whether they are...

    SMS, Email, Photo, Video, GPS coordinates, personal conversations, search history, preferences, opinions or interests.

    Every CryptoCurrency exchange you buy from has validated your ID.

    When you buy Bitcoin it comes with a wallet address. Every transaction you make is now being monitored.

    I would estimate that 40-50% of all wallet transactions on the Bitcoin network are between 2 verified parties and this number will grow as BTC gets further diluted by the market.

    So what are we left with? Pro establishment to the point of tyranny monitoring of BTC transactions.

    Privacy coins are being banned across exchanges.

    Big brother anyone?

    submitted by /u/fintakearney
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    Oh boy, here comes the sweet pump

    Posted: 16 Aug 2019 07:18 AM PDT

    Four Reasons Why Bitcoin Could Experience A Bull Run The Next Months

    Posted: 17 Aug 2019 03:33 AM PDT
    Read more
    at

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