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    Cryptocurrency Daily Discussion - October 12, 2019 (GMT+0)

    October 12, 2019

    Cryptocurrency Daily Discussion - October 12, 2019 (GMT+0)

    Daily Discussion - October 12, 2019 (GMT+0)

    Posted: 11 Oct 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 The prior exemption for karma and age requirements is no longer in effect.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
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    eBay and Stripe drop out of Facebook's Libra

    Posted: 11 Oct 2019 12:51 PM PDT

    Biggest Financial Companies Drop Out of Facebook’s Libra Payments Network

    Posted: 12 Oct 2019 01:25 AM PDT

    This is why we need dapps

    Posted: 11 Oct 2019 06:40 AM PDT

    SEC halts Telegram's $1.7B ICO

    Posted: 11 Oct 2019 02:02 PM PDT

    Zuck Bucks protocol, "Proof Of Surveillance" ( POS )

    Posted: 12 Oct 2019 02:32 AM PDT

    Pundi X removes 19 Billion tokens but price falls further

    Posted: 12 Oct 2019 12:10 AM PDT

    Why I’ve put a few ETH into Shuffle

    Posted: 12 Oct 2019 03:45 AM PDT

    Let's say bitcoin surges massively in price in the near future (30k+), how would you go about cashing out?

    Posted: 12 Oct 2019 04:43 AM PDT

    Let's say you invest a sizeable chunk into bitcoin before the price literally explodes, what would your strategy be to cash out before the price plummets?

    Imagine that at some point ur bitcoin wallet is worth several 100k dollars, do you put all of it into an exchange with the risk they might freeze ur funds? Or do you trade all of your bitcoin for a stablecoin like tether in ur private wallet and then slowly cash out from there?

    Im not at that point but i'd like to have an exit strategy where i have the highest chance turning my cryptos into real currency.

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

    eBay and Stripe has become the 2nd and 3rd firm who has "has made the decision to not move forward as a founding member" of Facebook's Libra cryptocurrency.

    Posted: 11 Oct 2019 12:59 PM PDT

    Do not use Bittrex - Source of Funds

    Posted: 11 Oct 2019 10:56 AM PDT

    ur funds will get locked and they will ask you for source of funds. you have to tell them everything about your life. where you work, how ur getting ur money, what cryptocurrencies you have traded in the past, what exchanges u traded with in the past, all ur crypto trading history, any known crypto addresses.

    DO NOT KEEP MONEY IN BITTREX

    EDIT proof: https://imgur.com/a/c86smPQ

    https://i.imgur.com/VN3Z8RL.png

    submitted by /u/DoomBotFaker
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    IRS’ claim that cryptocurrency forks are taxable is like taxing dog breeders when puppies are born.

    Posted: 11 Oct 2019 03:51 PM PDT

    Just one week after PayPal, Mastercard, eBay, and Stripe withdrew from Facebook Libra Association

    Posted: 11 Oct 2019 01:12 PM PDT

    Libra is ‘inevitable,’ better to embrace it, says its investor, a French billionaire

    Posted: 12 Oct 2019 03:27 AM PDT

    Opacity API - imgopq.com anon image sharing app

    Posted: 11 Oct 2019 05:50 PM PDT

    IRS adds a question about virtual currency to the draft 2019 tax return.

    Posted: 11 Oct 2019 08:55 AM PDT

    Novogratz focuses merchant bank on cryptocurrencies

    Posted: 11 Oct 2019 11:57 PM PDT

    Is this a good deal or no? (hypothetical discussion)

    Posted: 12 Oct 2019 05:28 AM PDT

    I have a scenario...

    Friend with lots of liquid cash wants to try a riskier coin.

    Friend says he'll upfront invest in the coin at let's say 100,000 to keep the math simple.

    His other friends (2) invest nothing.

    If coin goes up they split the gains 60/20/20

    If the coin losses they split the loss so the 2 friends who didn't originally invest anything pay each for 25% of the loss. So worst case scenario original investor loses the 50k and both of the participating friends lose 25k.

    Is this a better deal for one group (original investor) or the other (participating friends)?

    Let me know if I can be more clear!

    submitted by /u/Siderman1
    [link] [comments]

    I spoke to one of Zilliqa’s co-founders about how their market cap has dropped significantly since it surpassed US$1B last year

    Posted: 12 Oct 2019 04:51 AM PDT

    Why so many companies bailed on Facebook’s Libra project at once

    Posted: 11 Oct 2019 10:48 PM PDT

    At Devcon, Bitcoin Developer Amir Taaki Foresees a 'DarkTech Renaissance' - CoinDesk

    Posted: 12 Oct 2019 12:55 AM PDT

    Hyperledger Blockchain Group Weighs Changes to Fix Election Issues

    Posted: 12 Oct 2019 03:54 AM PDT

    Story of Tael founders on CNN

    Posted: 11 Oct 2019 06:07 PM PDT

    SEC Halts Alleged $1.7 Billion Unregistered Digital Token Offering

    Posted: 11 Oct 2019 02:14 PM PDT

    BBC: Payments giants abandon Facebook's Libra cryptocurrency

    Posted: 11 Oct 2019 06:19 PM PDT
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