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    Saturday, August 3, 2019

    Cryptocurrency Daily Discussion - August 3, 2019 (GMT+0)

    Cryptocurrency Daily Discussion - August 3, 2019 (GMT+0)


    Daily Discussion - August 3, 2019 (GMT+0)

    Posted: 02 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 The prior exemption for karma and age requirements is no longer in effect.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.
    submitted by /u/AutoModerator
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    Steve Bannon goes against Trump on bitcoin, saying 'cryptocurrencies have a big future'

    Posted: 02 Aug 2019 09:46 AM PDT

    Bitcoin Reaches All-Time High Hashrate – BTC Adoption on the Rise

    Posted: 02 Aug 2019 10:16 PM PDT

    Australian bank westpac added to the ripple customers. They are part of the big 4. The big 4 are the largest banks in Australia. The market for cross border payments is heating up.

    Posted: 02 Aug 2019 07:57 PM PDT

    Very informative podcast between the CEOs from Nomics and Switcheo about blockchain compatibility

    Posted: 03 Aug 2019 02:11 AM PDT

    I joined crypto a few months back and I know that blockchains are not compatible because they run on different protocols and many projects are trying to solve this, like cosmos, polkadot etc.

    So I came across this podcast on the project Switcheo, where the ceo talks about building a single "side-chain" that will allow their exchange to be compatible with many other blockchains using "zero knowledge proof".
    The podcast also talks about why some DEXs are the way they are because they trade proxy tokens like Waves. (this is new to me)

    The switcheo ceo also mentioned they are already integrated with the blockchain neo, ethereum and eos. And I especially like this statement where the ceo says:

    "We take each blockchain at their own terms and adapt our product to it"

    Anyway, this is a really good podcast in general: https://blog.nomics.com/flippening/multi-chain-dex-ivan-poon-switcheo/

    submitted by /u/piyones
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    Hacken, renowned enterprise cybersecurity consultants (US Department of Defense, AirAsia, Fenbushi Capital), announces migration to VeChain Blockchain

    Posted: 02 Aug 2019 08:34 AM PDT

    South Korea Declares Partial ‘Regulation-Free’ Zone for Crypto Companies

    Posted: 03 Aug 2019 03:21 AM PDT

    What future do you see for ETH? Do you think that ETH will go up in price when ETH 2.0 is released?

    Posted: 03 Aug 2019 02:28 AM PDT

    For me is confusing, some tokens that were ETH tokens moved to their own blockchain (examples: VET and BNB) but others remain and from what I have heard, ETH will improve significantly when it is upgraded to 2.0 next year.

    What are your thoughts?

    submitted by /u/danni_darko
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    On July 31st, Bitcoin miners earned $540K in tx fees. In the last *12 months* BSV and BCH miners have only earned $130K in tx fees. Combined.

    Posted: 02 Aug 2019 02:23 PM PDT

    Introducing Elle: A formally-verified EVM compiler to write more secure Ethereum code.

    Posted: 02 Aug 2019 07:12 PM PDT

    Release: SAFE Mobile Browser iOS

    Posted: 03 Aug 2019 01:29 AM PDT

    Bitcoin Ban Not Possible – Even U.S. Senate Commission Now Knows

    Posted: 03 Aug 2019 01:25 AM PDT

    Stop using PayPal if you're a merchant

    Posted: 02 Aug 2019 02:53 PM PDT

    Apple credit card will not allow purchase of cryptocurrency

    Posted: 02 Aug 2019 03:41 PM PDT

    MoneyGram now officially using XRAPID

    Posted: 02 Aug 2019 10:36 AM PDT

    You can now Trade / Deposit and Withdraw Cryptos on Switzerlands biggest Stock Broker (/w Swiss Banking License)!

    Posted: 02 Aug 2019 11:40 PM PDT

    Traction continues for Travala.com with 833 room nights booked in July 2019, growing 18.8% month-on-month.

    Posted: 02 Aug 2019 05:54 PM PDT

    Walmart Plans Its Own Blockchain-Based Digital Currency. A better usecase than Facebook Digital coin.

    Posted: 02 Aug 2019 04:42 PM PDT

    CryptoKaiju Releases New CryptoKitties Toys Linked to Non Fungible Tokens

    Posted: 02 Aug 2019 02:58 PM PDT

    The mighty bull is coming back!

    Posted: 02 Aug 2019 09:12 AM PDT

    Odin Society Pledges to Dedicate 500k ODIN to Further UN’s 17 Sustainable Development Goals.

    Posted: 02 Aug 2019 01:48 PM PDT

    Helping a cause greater than oneself is commendable. I'm genuinely happy to see that the crypto community is getting involved in philanthropic projects. I hope and believe we will see other charitable/philanthropic commitments from other crypto communities as well.

    Enjoy the read!

    Article: https://medium.com/@odinblockchain/odin-pledge-to-the-united-nations-81f6026501ae

    Excerpt:

    "There are 17 Sustainable Development Goals (SDGs). They are all urgent calls for action by all countries in a global partnership. The SDGs cover areas such as spurring economic growth, reducing inequality, improving education, and tackling global environmental issues...

    We will lock 500,000 ODIN coins in an ODIN Society multisig wallet until July 24th, 2020...

    One (or more) SDGs will be allocated ODIN funds and resources via proposals from SDG charities and non-profits."

    A point of clarification from a member of the Governance Team: "We will not be sending the United Nations 500k ODIN for them to do with as they wish. They do not have the infrastructure and ability to liquidate the holdings into fiat currencies. Instead, The team will will be using the pledge to advance the goals on their behalf with the input of the ODIN community."

    Disclaimer: I am not a member of the Governance team, nor was I promised any reward for sharing this. I am, however, a member of the community and am genuinely pleased that such an initiative was taken. If this thread garners enough interest I will bring it to the attention of the governance team to share their comments and responses.

    submitted by /u/biggie_b
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    Grayscale’s $2.7 Billion in Crypto Assets Will Now Be Held by Coinbase Custody

    Posted: 03 Aug 2019 04:04 AM PDT

    I can't see this being a good thing, what happens if they get hacked or shutdown? And Coinbase has blocked accounts before, who is to say that this will not happen again. Or will this be what drives the masses to crypto? I prefer to hold my own bitcoin otherwise I could just use a bank. NOT your keys NOT your bitcoin!

    submitted by /u/SatoshiHouse
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    Transfering large amount of Euro to USDT

    Posted: 03 Aug 2019 03:38 AM PDT

    Is it possible to deposit Euro then transfer to USDT via come major exchange and then cashout the USDT? I don't see any USDT/EUR pair. I guess Bitcoin has to be bought first. If it is possible what would the fee like on $500K Euro and is there a better strategy?

    submitted by /u/01BTC10
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    MIT's AI Lab Crunched 200,000 Bitcoin Transactions. Only 2% Were 'Illicit' - CoinDesk

    Posted: 02 Aug 2019 07:31 AM PDT

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