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    Cryptocurrency Monthly Skeptics Discussion - February 2020

    February 23, 2020

    Cryptocurrency Monthly Skeptics Discussion - February 2020

    Monthly Skeptics Discussion - February 2020

    Posted: 31 Jan 2020 04:12 PM PST

    Welcome to the Monthly Skeptics Discussion thread. The goal of this thread is to promote critical discussion by challenging popular or conventional beliefs.

    This thread is scheduled to be reposted on the 1st of every month. Due to the 2 post sticky limit, this thread will not be permanently stickied like the Daily Discussion thread. It will often be taken down to make room for important announcements or news.

    Rules:

    • All sub rules apply here.
    • Discussion topics must be on topic, i.e. only related to skeptical or critical discussion about cryptocurrency. Markets or financial advice discussion, will most likely be removed and is better suited for the daily thread.
    • Promotional top-level comments will be removed. For example, giving the current composition of your portfolio or stating you sold X coin for Y coin(shilling), will promptly be removed.
    • Karma and age requirements are in full effect and may be increased if necessary.

    Guidelines:

    • Share any uncertainties, shortcomings, concerns, etc you have about crypto related projects.
    • Refer topics such as price, gossip, events, etc to the Daily Discussion.
    • Please report top-level promotional comments and/or shilling.

    Resources and Tools:

    • Read through the CryptoWikis Library for material to discuss and consider contributing to it if you're interested. r/CryptoWikis is the home subreddit for the CryptoWikis project. Its goal is to give an equal voice to supporting and opposing opinions on all crypto related projects. You can also try reading through the Critical Discussion search listing.
    • Consider changing your comment sorting around to find more critical discussion. Sorting by controversial might be a good choice.

    • Click the RES subscribe button below if you would like to be notified when comments are posted.

    To see prior Daily Discussions, click here.

    -

    Thank you in advance for your participation.

    submitted by /u/AutoModerator
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    Daily Discussion - February 23, 2020 (GMT+0)

    Posted: 22 Feb 2020 04:10 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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    Crypto Explained By The Simpsons

    Posted: 22 Feb 2020 10:49 PM PST

    Whale gets hacked for 30M+ in BCH, asks Roger to "Roll back the chain"

    Posted: 22 Feb 2020 01:47 PM PST

    Decentralization Implies Inherent security

    Posted: 23 Feb 2020 12:00 AM PST

    EOS network is currently experiencing degraded performance levels. Coinbase halts transfers.

    Posted: 22 Feb 2020 07:33 PM PST

    Bitconnect: The Full Story | Part 2 of 3 - An in-depth view of the rise of BitConnect, the promotors, and the extravagant BitConnect Events - including car giveaways & BCC rewards.

    Posted: 23 Feb 2020 03:19 AM PST

    NEVER Use 100x Leverage: How BitMEX Stacks The Odds Against You (Study)

    Posted: 22 Feb 2020 09:15 AM PST

    Posts like this remind me of Crypto right now

    Posted: 22 Feb 2020 07:27 AM PST

    Fidelity Acquires Stake in Hong Kong Crypto Firm BC Group

    Posted: 22 Feb 2020 06:41 PM PST

    Chainlink announces Smart Contract Summit: SmartCon, featuring speakers from Microsoft, IBM, Oracle and more.

    Posted: 22 Feb 2020 12:27 PM PST

    If I was the IOTA hacker I'd publish the stolen seeds

    Posted: 22 Feb 2020 05:08 AM PST

    IOTA has stopped their network by turning off the coordinator and is creating a migration tool for people to use while the network is down to move their coins to new accounts. Right now the assumption is that the only people who have the seeds are legitimate owners and the hacker so that if there are conflicting claims with the migration tool the IOTA Foundation will process people using some kind of KYC mechanism.

    If I was the hacker I'd publish all the stolen seeds. If a multitude of people do a migration claim for each stolen seed that would cause complete chaos for IOTA and the claims process. What could stop someone from laying a claim to one seed and even doing KYC? There is nothing IOTA could do to resolve that properly.

    This is not the first time IOTA has swept user funds and forced them to go through a seed migration process. Perhaps they should learn they can't keep doing this but instead should take security seriously in the first place.

    submitted by /u/mistsoftime
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    New AI Bots In the Making: Exciting Opportunities for Partners!

    Posted: 23 Feb 2020 03:19 AM PST

    OLPORTAL, the world's first decentralized messenger on hybrid neural networks is releasing new neurobots, after the humongous reception of OLPORTAL AI bots on the iME Messenger application.

    iME messenger, seamlessly integrated with the popular Telegram app, was an instant hit on release. People of all ages from across industries are using OLPORTAL neurobots to enhance the quality of their online conversations.

    The neurobots have been developed to serve a variety of purposes. Individuals use them to infuse a fun element to the chat or to make more meaningful conversations, while businesses are able to market their products and services organically using neurobots.

    Fun bots, marketing bots or commercial bots, there is no denying that neurobots accelerate conversations and build relationships. Currently, the OLPORTAL platform has over 140,000 customers as a base to test the bots. But the platform welcomes new partners as well with arms wide open.

    OLAI takes pride in being the world's first neurobot powered by artificial intelligence. OLPORTAL is making AI solutions accessible to every household.

    How Partners Benefit from the Deal

    OLPORTAL partners can make the best use of our new neurobots for free! The AI bots will be available on iME neurobots store as well as on OLPORTAL's marketplace.

    The development of bots will be facilitated for free. For further modelling of the bots, users can seek help from our certified professionals in artificial intelligence and state of the art technologies.

    OLPORTAL is providing potential partners with a unique opportunity to test their ideas, algorithms and scripts with the power and AI-enabled expertise of the neurobots. The bots can also be designed, trained and tested for free.

    OLPORTAL has built a unique ecosystem for OLAI neurobots which integrates the neurobots seamlessly with our conversations. They take the conversations forward when you are at a loss for words or just busy.

    What is in it for OLPORTAL?

    How come OLPORTAL is okay giving away the neurobots developed with months of hard work to the public for free?

    Since the neurobots have unique personalities, the trainers should be unique as well. This is how the platform ensures that the neurobots are skilled.

    All users have to do is to communicate on their favourite messenger integrated with OLPORTAL neurobots and impart unique characteristics to the bots through conscious interactions. Or, you could provide the computational powers of your device to the platform

    submitted by /u/Oghenejivwe
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    One of the biggest list of crypto resources and tools

    Posted: 23 Feb 2020 02:42 AM PST

    This Week's Top Bitcoin, Cryptocurrency, Finance & Global News

    Posted: 23 Feb 2020 01:20 AM PST

    Koinal account creating scam?

    Posted: 23 Feb 2020 12:54 AM PST

    I've got a message from someone on my friends list on STEAM inquiring about creating a koinal account for him in my details in exchange for $100. Sounds suspect to me though he has offered to send $25 before hand. I was wondering if this is a common scam with crypto or my information is safe since its his payment method. Any response are useful since I am a nub when it comes to crypto although really broke so the money could be extremely useful.

    submitted by /u/Cactus_Jack69
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    Rough week for Binance: Downtime, FUD, denial by Malta regulators

    Posted: 22 Feb 2020 12:07 PM PST

    Transmute Coin

    Posted: 23 Feb 2020 01:00 AM PST

    Transmute mission is to improve the lifestyles of people around the world by responsibly recycling waste while achieving substantial benefits all." COLDFALL Corporation is accepting Transmute Coins, cryptocurrency from its patrons as payment for transmutation of tires, plastics, coal, and carbon-based materials

    submitted by /u/Sampromise50
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    ElastOS DID Dapp

    Posted: 22 Feb 2020 09:15 AM PST

    Breaking Down How Crypto Exchanges and Order Books Work

    Posted: 22 Feb 2020 01:44 PM PST

    Q&A — Snipe, contributor at Nyzo.

    Posted: 22 Feb 2020 06:38 AM PST

    Liquidating all assets

    Posted: 22 Feb 2020 02:10 PM PST

    Just completed my 2019 taxes.

    I just want to say it's way too much trouble than it's worth reporting on every little transaction individually. Which ultimately had me report +$2 profit.

    Not worth staying in it to deal with this every year. Interesting experiment atleast.

    submitted by /u/Lync_
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    Tokenizing a commodity?

    Posted: 22 Feb 2020 10:01 AM PST

    I know the idea of tokenizing tangible assets has been hot (and cold). But let's say, a physical product was tokenized like an island. X number of interested investors purchase this "Island" token. The price of the token goes up and down, just like any other investment. Fine. But what happens when the island is purchased? Do the investors receive the money from the purchase? Who would be the custodian of the island in this case?

    submitted by /u/skeletorino
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