• Breaking News

    Thursday, February 20, 2020

    Home Unlabelled Cryptocurrency Daily Discussion - February 20, 2020 (GMT+0)

    Cryptocurrency Daily Discussion - February 20, 2020 (GMT+0)

    February 20, 2020

    Cryptocurrency Daily Discussion - February 20, 2020 (GMT+0)

    Daily Discussion - February 20, 2020 (GMT+0)

    Posted: 19 Feb 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 The prior exemption for karma and age requirements is no longer in effect.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
    [link] [comments]

    Columbia Law Professor writes that Bitcoin's only use is crime and all cryptocurrency should be illegal. These are the academic cronies advising the government and scaring regulators

    Posted: 19 Feb 2020 11:18 AM PST

    Over the years, many people have either lost or misplaced their private keys resulting in costly losses with no recourse. Using seed-phrase security enables you to recover your funds in case you lose your private key

    Posted: 20 Feb 2020 03:06 AM PST

    SEC charges Enigma $500,000 for its ICO, forces it to give money back to investors

    Posted: 19 Feb 2020 09:47 AM PST

    Brave browser wants the UK to crack down on Google

    Posted: 19 Feb 2020 06:58 AM PST

    Strategies on When to Withdraw Money, and How Much

    Posted: 19 Feb 2020 08:41 PM PST

    Something Crypto and gambling may share in common, is how to stop when you are ahead.

    A person can tell themselves they will cash out once they reach a specific amount of money, but then it is so easy to keep letting it ride. This can be exciting, but often this leads to not cashing out as much as intended.

    To help to secure some profit, what are some strategies you have done that work?

    I feel one of the most important things to do is to cash out your initial investment when able, so then you are just playing with the house money.

    Perhaps some of you withdraw a certain percent every so often, or after your portfolio reaches certain benchmarks?

    It is difficult because on one hand, no matter how much a portfolio is worth, until you have cash in hand, you don't have it. IRS can freeze your bank accounts, wallets can get hacked, the crypto market can crash and so on. However, we are likely coming upon a strong crypto market over the next couple of years, so it is tempting to let as much ride as possible to fully capitalize on this opportunity. Nothing is for sure, though.

    For me, invested $10,000, and my initial plan was to cash out 10k once I hit 20k, and then let the rest ride, while withdrawing some here and there.

    However, it is now tempting to keep everything in for a while and keep moving to "buy low" cryptos and then flip when they bump up.

    I also may want to keep a specific amount in a long term crypto or two, while flipping the rest.

    Maybe I can develop some sort of 1/3 + 1/3 + 1/3 system, where 1/3 is long term leave it alone, 1/3 is flip for short term gains, and 1/3 I withdraw every so often (not sure if monthly or after every $10,000). Maybe I take this 10k and ride until I reach 21k, and then 7k long term, 7k short term, and withdraw 7k. Then when that 14k remaining returns to 21k, I do the same again?

    I truly look forward to reading how some of you deal with this issue to maximize profit, while also making sure you secure a profit while also balancing keeping a decent amount of money in the game.

    submitted by /u/joenorwood77
    [link] [comments]

    Isn't Ethereum more decentralized than Bitcoin?

    Posted: 20 Feb 2020 03:49 AM PST

    Why is everyone referencing Bitcoin as if it's the 'most established and decentralized' cryptocurrency. I feel like all the ASIC miners made it more centralized than Ethereum. Doesn't Bitmain like hold most of the hashpower?

    Dont get me wrong btw, I'm holding both. But I feel like Ethereum is moving to be the most decentralized platform - especially with staking coming up soon. Am I wrong?

    submitted by /u/streetsmart26
    [link] [comments]

    Dont expect MOON after Halving

    Posted: 19 Feb 2020 08:06 AM PST

    Dont expect MOON after Halving

    I see alot of bullish sentiment on this sub, which is nice, but.....

    Bitcoin Dumped for 111 days after the last halving in 2016, including a -24% daily candle.

    Dont expect insta moon and lambos in may, we might be in the red untill June

    ​

    Stay safe friends :)

    https://preview.redd.it/9g15ykkdmwh41.png?width=1485&format=png&auto=webp&s=5b302fa523577014171fd712127b7e95827a1148

    submitted by /u/Skagos-
    [link] [comments]

    Can someone explain me what's going on between telegram and the SEC?

    Posted: 19 Feb 2020 11:28 PM PST

    Could someone please try to explain me ehy is the Sec opposing the release of the TON tokens from the ico done by telegram saying it's a security ?why is it considered a security, there has been tons of ICO done over past few years, What's the difference between all the hundreds of other ico and other blockchains releasing their tokens and the TON token and the telegram ICO. An eli 5 of what constitute a security would be nice too

    Hopefully this message is long enough and the auto moderator bot won't feel the need and compulsion to remove my post which I hope will start a healthy conversion regarding what's going on at the moment and help people understand it better

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

    IOTA Trinity wallet hack - status update

    Posted: 19 Feb 2020 05:28 AM PST

    A short update about the current situation.

    1. As a reminder, ALL TRINITY USERS WHO OPENED TRINITY BETWEEN 17 DECEMBER 2019 AND 18 FEBRUARY 2020 WILL NEED TO USE THE SEED MIGRATION TOOL IN ORDER TO PROTECT THEIR TOKENS. We are still working on building and testing the seed migration tool. We will inform you here as soon as it is ready.

    2. Last night we released an updated mobile wallet for both iOS and Android. Please visit the App Store or Play Store respectively to download it or update your current version. While, as of now, we have no indication that mobile users were affected by the attack, out of an abundance of caution, WE STRONGLY RECOMMEND THAT EVEN MOBILE WALLET USERS CHANGE THEIR PASSWORD AND USE THE SEED MIGRATION TOOL AS SOON AS IT'S AVAILABLE.

    3. Trinity users who have already updated their wallets will have noticed the removal of MoonPay services from the updated versions of the wallet. This was necessary because the security vulnerability was introduced into the Trinity wallet via the MoonPay integration. We are working on an incident report in which we will publicly disclose the details of the vulnerability, how it was introduced, how it was exploited, and the steps we are taking to improve our security practices as a whole.

    4. We have received requests from several users to provide information as to whether any Trinity users' credit card information might have been compromised in connection with this security incident. Moonpay provides payment processing as a function of its own platform, which is independent of Trinity. For now, we can only share with the community the below statement from Moonpay on this matter. Please note that the IOTA Foundation is not in a position to independently verify the accuracy of the statement, due to the fact that the evidence to support it is not in our possession.

      MoonPay Statement to Customers on Credit Card Information "MoonPay, as a partner of Trinity Wallet, has been working with the IOTA Foundation and third-party experts to assist with the ongoing investigation. At this time, as the payment processor of the Trinity Wallet, we want to inform users who have input their credit card details into the Trinity Wallet that, to the best of our knowledge, their credit card information is unlikely to have been compromised by this security incident. Credit card details are encrypted and processed in compliance with the Payment Card Industry Data Security Standard. However, until the investigation has been completed, we would like to ask users who purchased Miota using the Trinity Wallet to monitor their statements and report any suspicious activity they observe to their banks immediately."

    5. We are constantly in contact with law enforcement in several countries and are working closely with them to ensure fast and thorough investigations. If you're an affected user, we would greatly appreciate it if you could please file a report with your local police, as this will help us with the criminal investigations. In most countries you can quickly file a report online. We recommend that you include in your report the following German case file number so that the authorities in your country can quickly get in touch with the other authorities already working on the investigation elsewhere:

      Germany, Center for Cybercrime, Case Number: 200213-1717-i00290

    6. We are still refining the remediation plan in light of continuously updated information and will provide further details as soon as we can.

    Thank you all for your patience. We will continue to update you on all important developments as we are able.

    Latest update on the situation can be found at https://status.iota.org/.

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

    German Bank to Offer Tokenized Securities Based on Stellar

    Posted: 19 Feb 2020 06:31 PM PST

    https://www.coindesk.com/german-bank-to-offer-tokenized-securities-based-on-stellar

    ​

    maybe a good time to get into the stellar market if central banks are offering securities on this one. What do y'all think?

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

    Tron Community in Uproar as Genesis Coins Used in Super Reps Vote

    Posted: 19 Feb 2020 06:31 PM PST

    Unstoppable Domains releases Blockchain Browser for users to surf the Decentralized Web.

    Posted: 19 Feb 2020 01:19 PM PST

    How does Sia’s Skynet stack up against IPFS/Filecoin?

    Posted: 19 Feb 2020 04:15 PM PST

    I've been spending a lot of time playing with IPFS. I build something in Node/React, pin my App with Piñata and then use Cloudflare's gateway (which maintains a persistent Piñata connection) to serve the sites. I've honestly been surprised how well it all works...it's pretty cool.

    How does Skynet stack up? Is it more scalable? more decentralized? How do we feel about Sia's token economics? I'm about to deep dive for myself but I thought I might see what you guys think too...

    submitted by /u/jekpopulous2
    [link] [comments]

    Fulcrum bank run in action

    Posted: 19 Feb 2020 08:15 AM PST

    What is DeFi?

    Posted: 19 Feb 2020 06:24 PM PST

    Drug dealer loses €52m in Bitcoin after CAB seizure

    Posted: 19 Feb 2020 08:59 AM PST

    Zilliqa just launched Zillacracy - a decentralized community workforce platform

    Posted: 20 Feb 2020 04:58 AM PST

    Looking for crypto holders to complete a paid interview

    Posted: 20 Feb 2020 04:20 AM PST

    Hi all,

    I am doing a research in crypto holders' preference on various DeFi products. No one wants to waste their time on an interview, so I will pay you for sharing your valuable insights with me. Each person who completes the interview will receive 10DAI.

    What to experct?
    - The interview will be completed online through video chat.
    - The interview taks around 30 minutes.
    - You will be asked to share your comments on certain DeFi products and crypto topics.
    - I'm looking for 30 people in total from three different persona.

    If you are interested, please sign up here. https://wsj-crypto.typeform.com/to/r6ycvs?from=rdc

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

    Spendcoin; on the surface it looks good, is there anything to be wary of?

    Posted: 20 Feb 2020 02:40 AM PST

    Cant find anything about it anywhere so I figured I'd ask here..

    ​

    Visa cards distributed around the world with decent rewards for using the card

    Circulating supply inflation: 2 billion total with 2.5m month + 50m a year which would take years before the full amount is released

    Main net has just been released with migration from ethereum and the binance chain happening soon

    Didn't have an ICO so everything has been "self funded"

    ​

    The team also looks good on the surface with some big backers listed behind the project.. the main concerning thing is the ridiculous amounts of volume for such a low cap and unknown coin, for example it had 16.9m in daily volume at 0.00003511 sats which seems a bit strange, daily volumes continued in the millions for ~6 months which then dropped off a fair bit, what are some opinions on why this was happening?

    submitted by /u/jeffmills69
    [link] [comments]

    The U.S. Feels Threatened by Bitcoin and is Looking to Find How Bad it Could Be

    Posted: 20 Feb 2020 02:39 AM PST

    Ethereum: The golden cross, Q1 price discovery, and macro-level analysis

    Posted: 19 Feb 2020 09:37 AM PST

    Irish Courts seize bitcoin in crime case

    Posted: 19 Feb 2020 09:42 AM PST

    Controlling checking prices?

    Posted: 19 Feb 2020 10:54 AM PST

    Hello I'm sure I'm not the only one but I check the prices obsessively to the point where I'm constantly distracted and thinking about crypto. How do you guys keep yourself in check?

    I'm probably checking prices 20+ times a day and would like to go down to once every few days or perhaps even less. Thanks for the help.

    submitted by /u/Matt93mmurphy
    [link] [comments]

    Has anyone been to the Binance office on Malta?

    Posted: 19 Feb 2020 08:21 AM PST

    Supposedly this is the physical address for Binance

    Binance Marketing Services Limited C

    85602 Melita Court, Level 3 Triq Giuseppe Cali TA' XBIEX

    Google shows this address as a company called BeyondBits Media Ltd., an online Marketing company focusing on Financial Services. ... BeyondBits Media was acquired by Catena Media.

    And this website shows this address associated with (shell companies?).

    https://offshoreleaks.icij.org/nodes/58093634

    Google Street View

    https://www.google.com/maps/uv?hl=en&pb=!1s0x130e454a1342b4f1:0xff9ab088b2861abb!3m1!7e115!4s/maps/place/Level%2B3,%2BMelita%2BCourt,,%2BTriq%2BGiuseppe%2BCali/@35.9014598,14.4946438,3a,75y,251.56h,90t/data%3D*213m4*211e1*213m2*211sdWLchHx0b49JyTFbJExrrQ*212e0*214m2*213m1*211s0x130e454a1342b4f1:0xff9ab088b2861abb?sa%3DX!5sLevel+3,+Melita+Court,,+Triq+Giuseppe+Cali+-+Google+Search&imagekey=!1e2!2sdWLchHx0b49JyTFbJExrrQ&sa=X&ved=2ahUKEwicm4Ha_N3nAhVkJzQIHcphDGcQpx8wCnoECA4QBg&cshid=1582127765077768

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

    No comments:

    Post a Comment