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    Cryptocurrency Daily Discussion - August 22, 2019 (GMT+0)

    August 22, 2019

    Cryptocurrency Daily Discussion - August 22, 2019 (GMT+0)

    Daily Discussion - August 22, 2019 (GMT+0)

    Posted: 21 Aug 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 The prior exemption for karma and age requirements is no longer in effect.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.

    To see the latest or prior Skeptics Discussions, click here.

    To see the latest or prior Support Discussions, click here.

    submitted by /u/AutoModerator
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    Crypto community:This is it! The true bull market!! Bitcoin:

    Posted: 21 Aug 2019 07:57 PM PDT

    pharmacy taking crypto - Vienna,Austria

    Posted: 21 Aug 2019 09:15 PM PDT

    HitBTC - Unable to withdraw BTC - Ticket ID 460513

    Posted: 21 Aug 2019 10:24 PM PDT

    Ticket ID 460513

    I deposited BTC into HitBTC last weekend to trade coins that were unavailable on popular exchanges. Today I tried to withdraw my own BTC and I can't. I get an error saying "withdrawals have been disabled on your account". What is this even supposed to mean? Please help. I just did the KYC a few minutes ago hoping that would help. How can I get my money back? This is ridiculous. Please help.

    submitted by /u/MatiaIdea
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    Ontology staking information site shutting down

    Posted: 21 Aug 2019 11:12 PM PDT

    Bitcoin (BTC/USD) Continues 2 Month Consolidation Near Key 10k Level

    Posted: 22 Aug 2019 03:31 AM PDT

    Lightning Network returns just $48 a year for $1m locked up

    Posted: 21 Aug 2019 12:40 PM PDT

    Fear & greed index at its historical lowest value (since February 2018) could mean we're nearing the bottom of the retracement

    Posted: 22 Aug 2019 12:45 AM PDT

    CoinGecko Joins AMLT Network to Improve Crypto Exchanges Transparency

    Posted: 22 Aug 2019 02:23 AM PDT

    Ethereum Price Has Best Risk-Reward Ratio Ever: Crypto Venture Capitalist

    Posted: 21 Aug 2019 01:28 PM PDT

    SEC charges ICO Rating for failing to disclose payments by projects

    Posted: 22 Aug 2019 01:31 AM PDT

    QRL Leading the Charge Against Quantum Computing Blockchain Threat

    Posted: 22 Aug 2019 01:04 AM PDT

    Some simple Math

    Posted: 22 Aug 2019 03:18 AM PDT

    Because a lot of people missed the 2016/2017 craziness or they didn't sell (I am included for this mistake) to take some profits, they are being doomsday prophets following the Bitcoin Maximalism dogma. So here is to the newbies and those who have trouble with math (I will be very rough with numbers just for an example):

    In 2017 Bitcoin went 20X up but the altcoin market went 45X up. Some of the altcoins went 200-1000X up. Ethereum went 40X up. Let's say the ration is 5:1 overperformance overall given that you didn't pick all the losers and scams from the altcoin bag.

    ​

    There are 3 scenarios given that an altseason can probably only exist in positive scenarios:

    1. Bitcoin goes up or sideways and altcoin season doesn't happen
    2. Bitcoin goes up or sideways and alt season happens
    3. Bitcoin goes down and alt season doesn't happen

    ​

    Apparently if you are in this sub you must be thinking positively, it would be insane to be here and think that Bitcoin in long term is going down, you should sell.

    In those 2 scenarios now, you need to be more than **80%** sure that altseason will not happen again. If that was a poker bet, you need to be right 5 times and I only have to be right 1 time to make more money than you. If we repeat this scenario often you can understand why being on the 5:1 side is beneficial.

    ​

    So yes, if you are very very very very sure that altseason will not happen again (when it happened only 2 years ago so it's not something without precedence) you can bet all your money on BTC.

    submitted by /u/aelaos1
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    Now you can tip creators on Reddit & Vimeo with BAT

    Posted: 21 Aug 2019 02:31 PM PDT

    Bitcoin Trading Pairs On Coinbase Register Over 100,000 Traders Per Day

    Posted: 22 Aug 2019 01:31 AM PDT

    Design Patterns for Decentralization

    Posted: 22 Aug 2019 03:24 AM PDT

    VeChain, DNV GL invited to present VeChain-powered traceability solutions for Chinese Government-backed Important Product Traceability Expo in Shanghai

    Posted: 21 Aug 2019 06:08 AM PDT

    Turning hundred clicks into one - ICONOMI rebalancing

    Posted: 22 Aug 2019 03:17 AM PDT

    YOLOrekt is live on mainnet! Ethereums Newest dApp!

    Posted: 21 Aug 2019 11:29 AM PDT

    The Ocean Protocol Data Economy Challenge

    Posted: 22 Aug 2019 02:45 AM PDT

    The Ocean Protocol Data Economy Challenge is a six-week global development challenge to bring together top minds worldwide to tackle issues around data marketplaces, network integrations, and more.

    We encourage developers to form teams of 2–6 people to enter the competition, and judging will be carried out by several core members of the Ocean team. The Judge's selections will be based on a variety of factors such as innovativeness, potential, sustainability and effectiveness. Submissions will be grouped into 3 impactful tracks:

    Data Marketplaces — How can we kickstart the New Data Economy through building data marketplaces?

    Network Integrations — How can we use Ocean Protocol to help Data Scientists and unlock value from data?

    Wild Card Submissions — Fill in the blanks! How can Ocean Protocol and its ecosystem be boosted to the next level?

    What are the Prizes?

    We have allocated a total of 3.4 Million OCEAN tokens in prizes for winners of the Ocean Data Economy Challenge!

    Each track will have a total of 768,000 OCEAN tokens in prizes for the top 3 submissions in that track.

    1st Place Winners in each track will receive 333,000 OCEAN tokens

    2nd Place Winners in each track will receive 270,000 OCEAN tokens

    3rd Place Winners in each track will receive 165,000 OCEAN tokens

    https://blog.oceanprotocol.com/the-ocean-protocol-data-economy-challenge-78a3dd7b0b10

    submitted by /u/Ton1206
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    UW Research: Blockchain Could Make Powered Electric Car Charging Systems Adaptable

    Posted: 22 Aug 2019 01:20 AM PDT

    Thinking About Blockchain Privacy: Confidential Assets On The Blockchain

    Posted: 21 Aug 2019 11:04 PM PDT

    Surveying the Privacy Landscape

    Posted: 21 Aug 2019 12:33 PM PDT

    Anyone know anything about Blockburn (BURN)?

    Posted: 21 Aug 2019 09:58 PM PDT

    Been trading BOMB on Mercatox lately and learned about Blockburn since they just got added to bw.com exchange a couple days ago and the chat box has been blowing up about them.

    Looks like a pretty similar project to BOMB (1% 2% burn, 2 mil max coins) but the market cap is 10x lower, there are about a quarter less holders listed on etherscan and apparently they do staking.

    I looked on Reddit and didn't really see anything (no subreddit, not many/any threads) and was wondering if any of you know much about these guys?

    Doesn't look they have had an airdrop on here like BOMB or anywhere else, they still seem to have a lot of their 2 million coins locked up and not in circulation.

    Is this a good moonshot or are deflationary currencies just bs? Why can't I find much info on this project?

    submitted by /u/mill3rtime_
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