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    Cryptocurrency Daily Discussion - February 10, 2020 (GMT+0)

    February 10, 2020

    Cryptocurrency Daily Discussion - February 10, 2020 (GMT+0)

    Daily Discussion - February 10, 2020 (GMT+0)

    Posted: 09 Feb 2020 04:12 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 The prior exemption for karma and age requirements is no longer in effect.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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    With all the predictions flying around, remem to stay grounded.

    Posted: 09 Feb 2020 10:31 AM PST

    Do your close family members know how to access your crypto?

    Posted: 09 Feb 2020 11:11 PM PST

    Do your close family members know how to access your crypto?

    I've been thinking about how the whole dying situation works when you own crypto. You could have details in your will, but that means you have to trust your lawyer to securely store the document.

    If you present a death certificate to Coinbase/Binance, is that an option for the spouse to recover? I imagine it could be abused.

    submitted by /u/merc1ful
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    Fraudster Richard Heart is blatantly recycling funds raised in his HEX scam to artificially prop up the token price.

    Posted: 09 Feb 2020 10:49 AM PST

    Cannabis Youtuber "Bubbleman" is pulling a crypto scam. Please help report it so we can stop this scamming.

    Posted: 09 Feb 2020 10:48 AM PST

    These scammers aren't even trying anymore. We need to start giving them creativity classes.

    Posted: 09 Feb 2020 03:25 PM PST

    German Banks Want to Get Into the Crypto Business

    Posted: 10 Feb 2020 01:25 AM PST

    Fungibility - A Monero Music Video

    Posted: 09 Feb 2020 08:23 PM PST

    r/Lisk bans anyone who speaks negatively or questions the project

    Posted: 09 Feb 2020 07:54 PM PST

    They are trying to control the narrative within the subreddit, banning anyone who says anything negative and only leaving people who shill the project. They can't even keep their subreddit decentralized, I see why the project itself isn't either.

    submitted by /u/BeanThe5th
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    Regulators willing to engage with digital currency: Grayscale's Shonnenshein

    Posted: 09 Feb 2020 02:41 PM PST

    Real life issues with cross-border payments to Mongolia. What would you do r/CryptoCurrency?

    Posted: 10 Feb 2020 01:40 AM PST

    One coin scam

    Posted: 09 Feb 2020 10:31 AM PST

    OKChain Testnet Now Live

    Posted: 10 Feb 2020 02:56 AM PST

    IN DOGE WE TRUST, Potential 2000% Move based on historical performance

    Posted: 10 Feb 2020 01:38 AM PST

    What do you guys think of the new bear area in Bitcoin Collector mobile game (coming soon)

    Posted: 09 Feb 2020 04:50 AM PST

    Kraken Futures Order execution bug

    Posted: 09 Feb 2020 02:29 PM PST

    I just saw someone trade and we discovered a disturbing bug on Kraken Futures where the trade value did not match the executed value (filled).

    Essentially we would e.g. do a test trade where we executed a 10 USD market buy on Litecoin perpetual futures, but when you looked at the filled orders it did a 1000 USD market buy instead. On first glance it looks like a bug in the website front-end where the order value was not updated after you switched between ETH, BTC and LTC trading pair tabs. It also affects stop-sell orders, not just market orders. The bug was reproducible.

    Kraken Futures support has been contacted and knows about the bug. Just writing this here in case anybody else has the same issue. We have video proof that I am not going to share here because it contains personal information. For now be careful and double check your orders!

    submitted by /u/kwinz
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    Is Korea’s Crypto Craze Making a Comeback?

    Posted: 09 Feb 2020 01:25 PM PST

    Need help using compound

    Posted: 09 Feb 2020 09:33 AM PST

    I'm trying to dip my toes into the defi world. I'm looking at compound and trying to lend DAI.

    My ETH is currently in a ledger. To lend DAI, do I need to first purchase DAI from elsewhere? Does compound let me exchange from ETH to DAI directly?

    Edit: also what does lending using compound mean? I will always have access to my DAI?

    submitted by /u/callmev269
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    [Call to Action] Make your political contributions in Bitcoin (HowTo)

    Posted: 09 Feb 2020 04:55 PM PST

    As the political season heats up I've patiently waited for politicians to install BTCPay servers to allow bitcoin contributions. I'm now realizing that the wait will likely take forever. Then I realized I didn't need to wait. I can send anyone bitcoin anytime I want using an expiring paperwallet. It's all totally legit. Works like this:

    1. Any "gift" to a campaign is an "in-kind" contribution.
    2. Disclosure of personal information is only required for contributions above $200.
    3. Paper wallets can easily be mailed to the campaign headquarters just like checks.
    4. You should keep the private keys and revoke the funds after 90 days (or whatever).
    5. The more paper wallets they receive, the more likely they are to favor bitcoin.

    Be aware, your contribution will likely just get stolen by a volunteer, so don't go overboard.

    If everyone on this subreddit who plans (or can) vote in the upcoming elections were to give 11,000 SAT to the candidate of their choice, eventually they would have enough to warrant getting an exchange account KYC'ing and going through all the same pains we go through to comply with US AML/KYC law. Possibly provide them a way to walk a mile in our shoes. It will also show these candidates that bitcoin can be used "for good" and isn't just for drug runners.

    Although you don't need to fill out a disclosure for small ( < $200 ) contributions, it is still probably a good idea to do so. What you should disclose is Name, Address, Employer, and Occupation. You will also need to sign a statement attesting that you are not contributing on behalf of a labor union, federal contractor, or foreign national (unless a lawful US resident).

    As warned above, care should be taken in how much you put on the wallet. It's just like cash, so any volunteer opening mail could swipe it. You also need to be careful to only use a trusted wallet. The bitaddress.org is broadly trusted and a good default choice. I ported it to python in the pypaperwallet module, but most people will likely stick with bitaddress.org as it has had years to build trust and reputation. Obviously you should download the zip and run it locally so as not to trust a web server with private keys.

    Basic bitaddress.org HowTo:

    1. Download zip from https://github.com/pointbiz/bitaddress.org/tree/v3.3.0
    2. Download PGP key from https://www.bitaddress.org/ninja_bitaddress.org.txt
    3. Import Ninja's expired key that you downloaded in [2] into GPG.
    4. Verify Ninja's key fingerprint matches the fingerprint in his BitcoinTalk post
    5. Unzip the zip downloaded in [1] and enter that directory
    6. Verify the file bitaddress.org.html.sig using Ninja's expired key
    7. Open the bitaddress.org.html file in Chrome
    8. Print the paper wallet and fund it with a few dollars worth of BTC
    9. Include a letter attesting that you aren't a foreign influencer, with a union, or contractor
    10. Include your Name, Address, Employer and Occupation in the letter and sign it
    11. Make a copy of the wallets private key to void the wallet after 90 days
    12. Mail the wallet and signed letter to the campaign of your choosing
    13. If the funds haven't moved after 90 days, sweep them back to yourself

    I've produced the form letters in pypaperwallet, but as I said, it's a new repo from some random redditor. In any case, here's the howto for my module:

    Basic pypaperwallet HowTo:

    1. Find latest release at https://github.com/brianddk/pypaperwallet/releases
    2. Expand "Assets" and download the "Source code (tar.gz)" as pypaperwallet.tar.gz.
    3. Download the *.tar.gz.sig file naming it pypaperwallet.tar.gz.sig
    4. Download my key from https://brianddk.github.io/darkweb/brianddk/pub.asc
    5. Import my key using gpg --import pub.asc or whatever you named it.
    6. Verify download with gpg --verify pypaperwallet.tar.gz.sig
    7. Extract the contents of the .zip or .tar.gz file to any directory
    8. From Python 3.7 run pip install pypaperwallet.tar.gz to install dependencies
    9. Review the README.md on how to install the GTK cairo dependency
    10. Modify test.py to your liking and run from python 3.7 to produce the PDFs.
    11. To change wording, modify the contents of template.py

    Disclaimer: This mainly pertains to US campaign law, but other countries likely have similar ways for voters to contribute.

    submitted by /u/brianddk
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    Stuck with token with low liquidity options in the US, but decent volume outside. Seeking advice.

    Posted: 09 Feb 2020 04:45 PM PST

    Hear me out, been out of the crypto space for years now, remembered I'd bought a token (NEXO) years ago and recently decided to sell it. However it's mostly available on obscure exchanges or exchanges with fabricated volume. I hold a considerable amount of these tokens and would like to get rid of them, it's not a huge amount of money but it'd be nice to find a way.

    The exchanges it's available on are: Huobi Global, HotBit, and HitBTC.

    1. I'm in the US, so Huobi Global isn't an option.
    2. HotBit I hear has extremely fabricated volume.
    3. HitBTC has a horrible reputation, and I'd rather not risk my funds on that exchange.

    So there we go, i'm in a tough spot. Also, I used to spend an absurd amount of time on crypto forums so please don't try to message me in an attempt to scam me as I've probably seen it before. Would genuinely appreciate some advice though, thanks in advance.

    submitted by /u/DriedCapillarity
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    Favorite Cryptocurrency mobile apps

    Posted: 09 Feb 2020 05:30 AM PST

    I'll start I'm on iOS and use

    • Trading View - candle charts! This is my go to app on an iPad when I want to get lost in candle charts for a while.
    • Crypto Pro - general, quick crypto tracking. This is my daily driver and most frequently used app for following prices.
    • Coinbase - I recently found a cool feature; their Market Stats which includes data points like Typical Hold Time
    submitted by /u/EntropyTrophy
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