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    Cryptocurrency Daily Discussion - January 29, 2020 (GMT+0)

    January 29, 2020

    Cryptocurrency Daily Discussion - January 29, 2020 (GMT+0)

    Daily Discussion - January 29, 2020 (GMT+0)

    Posted: 28 Jan 2020 04:09 PM PST

    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 The prior exemption for karma and age requirements is no longer in effect.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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    Following a series of improvements in the user experiences, earning fees from staking is getting a whole lot easier with tools like Zerion, 1inch, Paraswap, CoTrader.

    Posted: 28 Jan 2020 11:27 PM PST

    Akon's 'Crypto City' in Senegal will probably never happen

    Posted: 28 Jan 2020 08:57 AM PST

    British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout

    Posted: 28 Jan 2020 01:42 PM PST

    Bitconnect: The Full Story | Part 1 of 3 - one of the biggest crypto scams ever revealed - kidnappings, money laundering and deaths

    Posted: 28 Jan 2020 10:50 AM PST

    Can Interoperability ease Ethereum's scaling woes?

    Posted: 28 Jan 2020 10:21 AM PST

    Bitcoin & Cryptocurrency Market Cycles - What Have We Learnt?

    Posted: 29 Jan 2020 03:08 AM PST

    Scam Warning - Razebit

    Posted: 28 Jan 2020 12:21 PM PST

    Hi I am not sure if this is allowed exactly, but I haven't seen any info about it yet and I want to warn about a well made scam attempt.

    Today I got a discord PM saying I won 0.36 BTC. Obviously I know it's a scam, but I went onto a vpn and with a trash email account to see whats up.

    The discord message simply said to make an account on razebit.com and then enter this code to receive 0.36BTC. The website itself is a fairly well made and official looking exchange website. They clearly went though a lot of effort for this scam.

    I entered the code and what do you know my account balances shows 0.36 BTC.

    When you go to withdraw of course though I get an error saying new account isn't verified until you deposit at least 0.02 BTC.

    I just wanted to make this to hopefully prevent anyone from falling for it. Since the website is so well made I worry at least some people might get trigger happy and send $180 worth of BTC to these guys. Obviously once you do that, that's it you won't be able to withdraw anything.

    submitted by /u/quiteCryptic
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    Comprehensive overview of Ethereum for both beginners and experts.

    Posted: 28 Jan 2020 12:52 PM PST

    Theta Network- Scamming with the help of Coinmarketcap

    Posted: 28 Jan 2020 05:19 PM PST

    Using the official chat link from coinmarketcap I decided to join their telegram to find out about the coin. Within 10 seconds of joining I was banned from their channel and 2 different people claiming to be admins we're trying to force me to buy 20000 theta to get unbanned,

    I tried this with multiple account, same result every time

    Coinmarketcap linking to scams like this in embarrassing.

    submitted by /u/RepulsiveCarrot
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    Unbelievable.

    Posted: 28 Jan 2020 06:23 PM PST

    Binance or Coinbase?

    Posted: 29 Jan 2020 02:34 AM PST

    Hi r/CryptoCurrency, first post for me here. Been doing research on crypto as a whole as it's always fascinated me over the years. Finally have disposable income to make investments this year with crypto being one of them. Wanted to ask you if there really is a difference in either using Binance or Coinbase? I see good things mentioned about both of them and notables figures using one or the other. Thanks for your thoughts and excited to get into the crypto game for the long run :)

    submitted by /u/Savage_Banana
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    Paris Saint-Germain F.C. Launches Crypto Voting Scheme For Fans. The tokens will be available in a Pokemon Go style app, called Socios, and give fans a direct voice in club decisions.

    Posted: 28 Jan 2020 05:40 PM PST

    Top 3 Crypto Payment Organizations in Singapore

    Posted: 29 Jan 2020 03:50 AM PST

    BTC Hits New Peak; What is Next?

    Posted: 29 Jan 2020 02:26 AM PST

    Decentralized Funding - The NavCoin DAO

    Posted: 28 Jan 2020 01:02 PM PST

    There's been a lot of talk lately about the use of mining rewards as a form of self funding for cryptocurrency projects. So I thought I'd bring your attention to a project that has already been doing this very thing for over a year now.

    Late in 2018 the NavCoin network implemented it's DAO - a decentralised financing tool that receives 0.5 NAV per block staked to help self fund the network.

    The NavCoin DAO runs a dual consensus voting system that - to my best knowledge - is not used anywhere else in the blockchain space. Projects are approved for funding and payment using a two-stage voting process - one vote for the initial proposal, then a second for payment request once the work is complete. Voting is done via nodes staking (validating) the network, and anyone is encouraged to take part. 1 stake = 1 vote.

    I feel like self funding is going to play an important part in taking that next step towards legitimate decentralization, and the NavCoin DAO is using it's own unique system to try and achieve this.

    If anyone's interested to look further you can find more info here. There's also a technical paper for anyone interested.

    DISCLAIMER: I am a part of the NavCoin community.

    submitted by /u/chasethechaser
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    Ethereum Price Eying Up $180

    Posted: 28 Jan 2020 02:36 PM PST

    Trading accuracy in a nutshell

    Posted: 28 Jan 2020 10:28 AM PST

    Texas based company Vertalo switches to Tezos Blockchain for Real Estate funding. The Ethereum ERC-20 token is said to modify from the existing smart contract to the Tezos format

    Posted: 28 Jan 2020 04:50 PM PST

    Bitcoin safe haven narrative strengthens as BTC mirrors gold movements

    Posted: 28 Jan 2020 09:22 AM PST

    Questions about BlockFi

    Posted: 28 Jan 2020 01:15 PM PST

    I have been utilizing Pei and Lolli and moving my BTC to Blockfi and earning interest. I have no intention on selling any time soon so I figured this was an easy way for me to accrue bitcoin without doing anything.

    They recently rolled out support for USDC at an astounding 8.6% interest rate annually. How can they offer such a high-interest rate?

    Any help or clarification on this would be great. It seems like a very legit company since they are backed by some big funds but it just seems unsustainable!

    submitted by /u/oldgreg4488
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    New Trader, trying to get advice

    Posted: 28 Jan 2020 12:44 PM PST

    Hello guys/girls,

    Im a student and about 2-3 years ago i invested 2000€ in BTC at its peak and the value now is around 200€. My plan for now is to try and get back to my old 2000€. I made around 50€ back for now, however I'm still new and i was wondering of one of u could give me some tips to get better.

    Sincerly,

    W. Holleeder

    submitted by /u/W_Holleeder
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