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    Monday, March 2, 2020

    Crypto Currency Markets Weekly Discussion Megathread - 02/Mar/2020

    Crypto Currency Markets Weekly Discussion Megathread - 02/Mar/2020


    Weekly Discussion Megathread - 02/Mar/2020

    Posted: 02 Mar 2020 09:08 AM PST

    Welcome to the /r/CryptoMarkets Weekly Discussion thread. The thread guidelines are as follows:


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    • Discussion topics include, but are not limited to, events of the day, technical analysis, and minor questions.
    • Breaking news or other important content should be submitted as a separate post.
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    Thank you in advance for your participation. Enjoy!

    submitted by /u/AutoModerator
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    Anti-Crypto Bank Wells Fargo Involved in Billion Dollar Scandal

    Posted: 02 Mar 2020 10:53 AM PST

    If I do enough podcasts...

    Posted: 02 Mar 2020 07:21 AM PST

    Robert Herjavec of ABC's Shark Tank's Says: Buy Bitcoin NOW...

    Posted: 01 Mar 2020 11:31 PM PST

    ‘Crypto Mugger’ Gets 10-year Jail Term + More News

    Posted: 02 Mar 2020 06:19 PM PST

    Combining Traditional Payments with Digital Assets – COTI Universal Payments

    Posted: 02 Mar 2020 09:08 PM PST

    BITCOIN Hash Rate ATH - $9.8B Crypto Stolen KPMG - Line Crypto Exchange Bitfront - XRP Xpring Dev

    Posted: 02 Mar 2020 07:12 PM PST

    USDC in AlphaWallet -> real cash money

    Posted: 02 Mar 2020 06:54 PM PST

    I have $63 in USDC in AlphaWallet (from Poloniex closing) and just trying to access those funds but it does not give me an option to transfer out to bank or CashApp or anything, just another wallet. How can I go about this? I would literally trade that for a deposit in the same amount on CashApp. Any suggestions?

    submitted by /u/mboyde
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    Co-founders of DApp Sylo on Founder's Series Podcast

    Posted: 02 Mar 2020 01:05 AM PST

    Ethereum to See Insane Rally to $300 After Bulls Defended This Key Level

    Posted: 02 Mar 2020 01:54 PM PST

    Everipedia & Genius Co-Founder Mahbod Moghadam shares bold Bitcoin and crypto predictions for 2020 and beyond

    Posted: 02 Mar 2020 12:55 AM PST

    Binance announces a partnership with one of the largest banks in Turkey, Akbank, to let customers deposit and withdraw Turkish lira

    Posted: 02 Mar 2020 08:30 AM PST

    Once You Discover Bitcoin, You Can Never Go Back

    Posted: 02 Mar 2020 02:41 PM PST

    4 critical crypto trends to watch for in the coming months

    Posted: 02 Mar 2020 02:34 PM PST

    Crypto Listing & Delisting Announcements: Week 9

    Posted: 02 Mar 2020 01:42 PM PST

    This Global Vacuum Presents Huge Opportunities for Crypto

    Posted: 02 Mar 2020 09:15 AM PST

    Power consumption for Bitcoin mining reached new all-time high – Should we be Concerned?

    Posted: 02 Mar 2020 08:29 AM PST

    [Funny] Warren Buffett launching ButtonCoin

    Posted: 02 Mar 2020 07:01 AM PST

    Paris Blockchain Week CANCELLED over coronavirus fears

    Posted: 02 Mar 2020 10:39 AM PST

    Is Bitcoin the Solution to rioting banks?

    Posted: 02 Mar 2020 06:45 AM PST

    Bitcoin may not be replacing banks any time soon, but in countries where civil unrest and rioting banks are posing major threats to the economy, could bitcoin step in and help? Well, in both Chile and Lebanon, they seem to support its role as a valuable tool.

    Here is why: https://bitcoinchaser.com/news/bitcoin-instead-of-banks-chile-lebanon

    Do you think Bitcoin can save Lebanese or Chilean Citizens or is it too late?

    submitted by /u/OliAustin101
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    where to find new/ongoing ICO?

    Posted: 02 Mar 2020 09:34 AM PST

    Hi, total noob here, still trying to understand the ropes, where does one find new/ongoing ICOs? How to participate? Where to hold the new coins in a portfolio?

    submitted by /u/paskal007r
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    5 Successful ICOs You Need to Know About

    Posted: 02 Mar 2020 08:57 AM PST

    Over the past few years, ICO, or Initial Coin Offering, has become an extremely popular and profitable way of developing business projects using cryptocurrency and even more. We're going to make a quick review of the 5 most successful ICOs by the amount raised.

    EOS

    Start date: 2017/06/25

    End date: 2018/06/04

    Amount raised: $4,197,956,135

    EOS blockchain platform managed to raise about 200 million dollars shortly after it was launched. The company itself claims to be "a next-generation, open-source blockchain protocol with industry-leading transaction speed and flexible utility". Its founders developed multifunctional software which allows its clients to use decentralized applications and carry out cheaper and faster transactions. However, not everyone can use EOS – the citizens of the USA and China can't buy its tokens.

    Since the very beginning, the platform raised heated discussions in the crypto community. EOS is basically a rethinking of the concept of Ethereum, which led to a rivalry between these two giants. Besides, the launching of the platform didn't go smoothly – there was no graphic interface for voting and the system was also hacked. Nevertheless, it's hard to argue with the fact that EOS was a success after all – the total value of tokens sold in this ICO is estimated at more than 4 billion dollars.

    Filecoin

    Start date: 2017/08/10

    End date: 2017/09/10

    Amount raised: $257,000,000

    This platform's main goal is to provide a decentralized system for data storage, challenging Google and Dropbox in this sphere. The concept of Filecoin is dividing the data and storing it on different computers. This means that every user can rent out space on their hard drives and get Filecoin tokens. The platform provides the opportunity to choose better offers due to the competitive storage market. Moreover, all the data will be encrypted and only the owner will have a key to get access to it.

    The project sounds very promising as there's a growing demand for safe and cheap storage space. Many huge American companies invested money in this project, for example, Digital Currency Group, and in the first 30 minutes, Filecoin raised more than 200 million dollars.

    The Bancor Protocol

    Start date: 2017/06/10

    End date: 2017/06/10

    Amount raised: $153,000,000

    It is an open-source project for converting tokens without matching buyers and sellers. The Bancor Protocol is based on a mechanism with a special formula that can make calculations directly from the smart contracts. The key elements of this network are automatic price determination and continuous recalculation to maintain balance and stability.

    The innovation of the Bancor Protocol consists in the possibility to convert, buy and exchange tokens without mediators. The project raised an impressive amount of 140 million dollars in less than three hours.

    Polkadot

    Start date: 2017/10/15

    End date: 2017/10/27

    Amount raised: $145,000,000

    This platform is built to unite different blockchains and databases in one space. This way networks can work together exchanging information and conduct transactions under the protection of Polkadot. The system has a complex hierarchy of users that will enable the successful functioning of the project. The Polkadot token serves 4 purposes: "governance over the network, operation, bonding, and interoperability".

    The goal of the project is not only to design a shared working platform but also to create a fully decentralized Internet. Polkadot manages to raise about 145 million dollars.

    Status

    Start date: 2017/06/19

    End date: 2017/06/19

    Amount raised: $107,664,904

    Status is a new social network that also functions as a crypto wallet and a browser. According to its white paper, it's the first mobile Ethereum client built on peer-to-peer technologies. The project is based on the interaction of three types of people: owners, advertisers, and users. The creators of Status believe that stimulating all those people in the network by giving them real stakes will be profitable for everyone. Besides, all transactions and messages on this platform are safely secured by encryption.

    This project raised more than 100 million dollars and offers a free open space where every user can offer their incentives. It is believed that combining all these different functions Status will become a better, more optimized social network.

    Looking at the amounts of money raised by these ICOs and at their ambitious white papers, we can say that the concept of cryptocurrency sounds alluring. Nevertheless, before deciding to buy tokens of any ICO it's necessary to assess all the risks, as the future of this type of business is still vague. Remember, you can't be too careful.

    SwapSpace team is always ready for discussion.
    You can drop an email with your suggestions and questions to [hello@swapspace.co](mailto:hello@swapspace.co)
    Join our social networks: Twitter, Medium, Facebook, Telegram
    The best rates on https://swapspace.co/
    Why SwapSpace https://swapspace.co/blog/2019/09/17/why-swapspace/

    submitted by /u/SwapSpace_co
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    Binance Teams with Turkey's Largest Bank Akbank

    Posted: 02 Mar 2020 08:40 AM PST

    The Potential of AVA

    Posted: 02 Mar 2020 08:18 AM PST

    AVA Labs is a blockchain-based platform dedicated to the tokenization of real assets and launching personalized blockchains. AVA basically allows anyone to create his own blockchain with customizable options. Additionally, you can also issue tokens without worrying about scalability or transparency as AVA is decentralized and can achieve higher transaction speeds than VISA.

    Basically anyone using AVA Labs can deploy new or existing blockchains on the AVA platform and leverage all the features AVA offers like higher transaction speed than VISA, scalability or immutability. You can deploy a blockchain with your own rules and requirements. To showcase the power of AVA, the team has created 'Athereum' a mix between Ethereum and AVA.

    Additionally, the platform is also capable of tokenizing and deploying assets through AVAs smart assets primitive. One of the biggest problems with the tokenization of assets is legal compliance, something that AVA is aware of, that's why the platform can obey special covenants.

    According to AVA's website:

    'AVA democratizes financial markets and bridges all blockchain platforms together into one interoperable ecosystem.

    Build your own custom blockchains or digitize any assets with arbitrarily complex rulesets.'

    submitted by /u/rivoke
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    This Week In Crypto

    Posted: 02 Mar 2020 06:39 AM PST

    This Week In Crypto

    https://preview.redd.it/fz12whvut9k41.jpg?width=1280&format=pjpg&auto=webp&s=2d6986a7b41737a8e0f65ff32534f9677aa3591d

    - Bitfinex claims to cover another 100M of its Tether debt - read more
    - LINE launches global crypto exchange - read more
    - Fcoin to relaunch in hope of returning lost founds - read more
    - Ripple's market can collapse due to lawsuits? - read more
    - Bitmain launches new Antiminer - read more
    - STEEM witnesses softfork to remove voting power from STEEM coins purchased by Justin Sun - read more

    submitted by /u/rivoke
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