• Breaking News

    Sunday, September 29, 2019

    Home Unlabelled Cryptocurrency Daily Discussion - September 29, 2019 (GMT+0)

    Cryptocurrency Daily Discussion - September 29, 2019 (GMT+0)

    September 29, 2019

    Cryptocurrency Daily Discussion - September 29, 2019 (GMT+0)

    Daily Discussion - September 29, 2019 (GMT+0)

    Posted: 28 Sep 2019 05:09 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 The prior exemption for karma and age requirements is no longer in effect.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 prior Skeptics Discussions, click here.

    submitted by /u/AutoModerator
    [link] [comments]

    Always ask decentralized projects: What happens when your company is shut down?

    Posted: 28 Sep 2019 01:40 PM PDT

    I work as a technical consultant for VCs. We are dealing with a lot of blockchain/decentralised/... projects asking for funding or participating in ICOs.

    ​

    One thing in particular is recurring over and over again. There is some idea which is not so bad, could improve certain industry or solve a problem in a new way and there is somewhat good technology in the project that deals with the problem well and then all this is connected to the blockchain and of course a new token is created for this. More often than not the token is used as a fuel in the new economy around this solution.

    ​

    My favourite question is in the title. What happens if the company developing the solution, usually charging some kind of fee for some kind of intermediary service in this ecosystem, is shut down? And my favourite reply from one of the CTO's of the projects that we rejected was: "Obviously it will stop working because we have this and this running on our servers and users are coming to our website where they..." and then when I asked why do they need a blockchain and claim to be decentralised if there is such obvious single point of failure, the answer was "Everyone is doing it like that". And it is being done to be able to inflate valuation of the project 5x-50x because of the blockchain hype (pre-money, pre-product, pre-user valuations over $10M are not rare in this space). And of course to sell some tokens for extra free money, which is always handy.

    ​

    So, I'm not saying that such projects with somewhat good technology behind that solves a real-world problem cannot make money. Some definitely can make money, but they are not honest to their users or their investors. If you're type of investor who only wants to make more money then it could be a good investment. But if you care about how the money is being made then please ask this question and reject dishonest projects.

    ​

    More often than not you can apply what Andreas Antonopoulos repeated over and over again "you don't need a blockchain for that". You don't need a blockchain for that if you don't need to protect the project from being shutdown by a government or circumvent some kind of legislation barrier and basically survive no matter who dislikes it. You don't need a blockchain for that if you have a built in single point of [total] failure because you very much can just add a database to that point and you will have a cheaper and a faster solution that works better than what you propose.

    submitted by /u/only_merit
    [link] [comments]

    Amber Alert - Aphelion CEO gone missing once again! Development stalled / exit scam attempt #2?

    Posted: 29 Sep 2019 02:47 AM PDT

    Users In Australia To Receive 20% Back In Tokens On Fuel Purchases

    Posted: 28 Sep 2019 05:41 AM PDT

    213 days until the next Bitcoin block reward halving! Follow along with our countdown.

    Posted: 28 Sep 2019 09:43 PM PDT

    Fusion wallet hacked and trading frozen

    Posted: 29 Sep 2019 02:32 AM PDT

    Bitcoin Is Being Manipulated by Institutional Markets, Data Suggests

    Posted: 28 Sep 2019 08:37 AM PDT

    San Francisco Congressional Candidate Aims At Raising $1M In Crypto For Her Political Campaign

    Posted: 29 Sep 2019 02:55 AM PDT

    New Balance to Use Cardano Blockchain to Confirm Product Authenticity

    Posted: 29 Sep 2019 02:20 AM PDT

    Need Some Exchange Advice

    Posted: 28 Sep 2019 07:12 PM PDT

    I've been using Binance and 3Commas together for quite some time. Being in the US, now Binance is a no-go as of a couple of weeks ago.

    I'm looking for a similar setup, where I can use 3C to access the exchange and handle sell targets and stop loss. I've tried Beaxy (no integration with 3C) Binance US (no integration) Kucoin (can't verify US customers) and Bittrex (can verify, works with 3commas, but lacks most trading pairs I want to use).

    ​

    Any advice where to go from here? It's incredibly frustrating.

    submitted by /u/mcrib
    [link] [comments]

    Tokoin is prominent

    Posted: 29 Sep 2019 03:51 AM PDT

    Tokoin is the most prominent Indonesian startup today, which is working towards accelerating the growth of the MSME sector in emerging markets. With this partnership, Tokoin becomes one of the DApps which would be a part of Bifrost's ecosystem and leverage on its advantages

    submitted by /u/btcorethh
    [link] [comments]

    Binance Adds Hedera Hashgraph (HBAR). Get HBAR While It Is Cheap!

    Posted: 29 Sep 2019 03:39 AM PDT

    La Criptomoneda que disminuye el cambio climático! / Únete y conviertete en FUNDADOR, obtén tu tarjeta fundador (sin costo).

    Posted: 29 Sep 2019 03:34 AM PDT

    Tokoin is efficient

    Posted: 29 Sep 2019 03:18 AM PDT

    Tokoin has conquered several odds breaking limits with its efficiency, lofty objectives, result oriented goals, tokoin will definitely put a smile on participants face. Tokoin will soon be listed on more exchange increasing and its best to invest now and make it big.

    www.tokoin.io

    submitted by /u/btcorethh
    [link] [comments]

    14 Proven Ways of Making Money from Cryptocurrency

    Posted: 29 Sep 2019 02:49 AM PDT

    2014 BTC was $300, if you decided to give up groceries for that good, but inflation makes it hard for people who wanna use BTC for groceries now, because inflation, you know

    Posted: 28 Sep 2019 10:19 AM PDT

    Bitcoin Hash Rate Remains On Its Upward Trajectory

    Posted: 29 Sep 2019 02:06 AM PDT

    Creating Trustless Pools and Staking for All

    Posted: 28 Sep 2019 11:56 AM PDT

    This Week's Top Global Finance & Cryptocurrency News

    Posted: 29 Sep 2019 12:47 AM PDT

    New Balance To Implement Cardano Blockchain And Confirm Authenticity Of Its Products

    Posted: 29 Sep 2019 12:43 AM PDT

    Which popular exchanges are US friendly right now?

    Posted: 28 Sep 2019 07:49 PM PDT

    It seems like most of the big name exchanges are no longer US friendly, or have a ton of restrictions around which US states they accept and which they do not.

    Can anyone share which popular crypto exchanges are US friendly and which are not? Or is someone keeping an up to date list going somewhere?

    Thanks

    Here's my list so far

    Coinbase
    Gemini
    Bittrex
    Binance.us (But it has a FRACTION of the features compared to Binance.com, and does not support all US states which is really lame!)
    Kraken

    Any others?

    submitted by /u/fasterthancocopuff
    [link] [comments]

    Into the Crytpcurrencies universe (Intro)

    Posted: 28 Sep 2019 11:10 PM PDT

    Be your own bank

    Posted: 29 Sep 2019 02:46 AM PDT

    Humans learn from their mistakes.... there is no stopping bitcoin... one day this will happen to every human on the planet forcing them to be their own bank... https://www.nbcnews.com/news/world/american-retirees-mexico-say-their-life-savings-vanished-mexican-bank-n1059666

    submitted by /u/Cryptoguruboss
    [link] [comments]

    Everything You Should Know About KuCoin Exchange

    Posted: 28 Sep 2019 10:16 PM PDT

    What are some of the easiest coins to mine

    Posted: 28 Sep 2019 02:12 PM PDT

    I don't plan on being a 24/h miner I have a Radeon rx580 that I barely use so I want to put it to use while I am sleeping Im searching for guides online but some are old/outdated Or they have comments disabled and I find that sketchy

    submitted by /u/YOURMOM37
    [link] [comments]

    [Question] a layman's question.

    Posted: 29 Sep 2019 12:40 AM PDT

    If something that is considered valuable (Bitcoin), has a finite amount that can ever be 'mined', wouldn't it be obvious, that as time goes by and more and more of these things are mined and consequently, less and less remains unmined, the price of the thing goes up more and more. Therefore, is there any point worrying about the price of bitcoin fluctuating so rapsodically? Wouldn't it make much more sense to just chill out, knowing that no matter what, the thing you have invested in, will only ever go up in price, as it is considered valuable and it's scarce?

    I am a total layman when it comes to trading and markets and whatnot. I am just relying on common sense.

    submitted by /u/man_from_earth_
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment