Cryptocurrency Daily Discussion - March 12, 2020 (GMT+0) |
- Daily Discussion - March 12, 2020 (GMT+0)
- Something to cheer you up... BTC price, log scale, from 2013 until today. History is repeating itself.
- Getting into crypto is easy, however withdrawing your profits from the different exchanges is a different story
- What do you y'all think about NANO atm?
- BTC Point of Sale Company TravelByBit Accused of Presenting False Merchant Adoption Stats - 85% of stores completely inactive
- Into the Ether: Paul Brody: Bringing Ethereum to Enterprise
- the Enigma community is being held hostage
- Citi Exec Says Ethereum-Based Platform Powering New Wave of Digital Finance
- Uniswap exchange frontend hosted on Skynet
- Cryptocurrency Exchange Kraken Launches FX Trading.
- Btc has now hit lower than last years lows that only happened once before
- “Should I Buy Bitcoin?” Will Be the Big Question of the Upcoming Years
- Here is why I think LINK will be made redundant in the longrun.
- Skynet iOS app to upload photos and videos
- Reorgs on Bitcoin Gold: Counterattacks in the wild
- Decentralized token registry coming to Obyte
- FX trading coming to Kraken - March 12
- Hi, average Joe here, looking to invest. Wtf is going on and how can I benefit?
- Discussion of the Day; Algorand ALGO
- "Tether is a huge money driver" recognizes Bitfinex CTO. (More than $100 million per year)
- Rotki, the portfolio manager that respects your privacy, now supports account tags/labels and MakerDAO DSR with v1.2.0-v1.2.1
- AVA Codebase Release and $50,000 Developer Accelerator Program
- We are going down for the rest of this year
- Working product, but going nowhere
| Daily Discussion - March 12, 2020 (GMT+0) Posted: 11 Mar 2020 05:08 PM PDT 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:
To see prior Skeptics Discussions, click here. [link] [comments]  | ||
| Posted: 12 Mar 2020 02:05 AM PDT
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| Posted: 12 Mar 2020 12:40 AM PDT
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| What do you y'all think about NANO atm? Posted: 11 Mar 2020 04:28 PM PDT Just wondering what everyone on here thinks about this project now. It used to be highly regarded, but recently seeing lots of people saying it's a shitcoin, and I was considering buying some cheap, but now I have second thoughts. Really concerned also because devs are cashing out. [link] [comments]  | ||
| Posted: 11 Mar 2020 08:35 PM PDT
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| Into the Ether: Paul Brody: Bringing Ethereum to Enterprise Posted: 11 Mar 2020 02:47 PM PDT
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| the Enigma community is being held hostage Posted: 11 Mar 2020 08:13 AM PDT on February 13th Enigma launched their mainnet. this was done in total silence by the team. a block explorer for mainnet (a cosmos fork built in 10 days) was found in the github. https://explorer.mainnet.enigma.co/ this block explorer showed that 50m SCRT (enigma new token) was already minted with 100k of each handed out to the 22 pre selected validators who were running the chain. these validators include some community members who were previously beta testing the testnet which was supposed to be a private compute layer on top of Eth. other validators include binance, figment, mathwallet, and outlier ventures on Feburary 16th the team finally releases a post and breaks their silence with 2 blog posts https://blog.enigma.co/the-enigma-mainnet-has-launched-3bd0d40fe80d the team has yet to comment about any potential swap due to SEC regulations it appears the team has decided to abandon the ENG erc-20 token and focus on Engimachain on cosmos, they are also very clear that they can not facilitate a swap. they will not talk about a swap in any way. this looks like an attempt for them to become compliant and wipe their hands of the SEC. the problem is how this swap is being handled. the team hand selected their validators. since validators are the only ones able to put forward proposals and vote on those proposals the community is at the mercy of those validators it has now been almost a full month and there is still now swap. validators have been earning rewards on their free SCRT there have only been 2 passed proposals 1 to decrease penalty for validators downtime (seems a little self serving) 1 to open discussions regarding a swap most validators are not speaking to the community and the few that are seem unwilling to propose anything the community is asking for and the fundamentals of the tokenomics are being changed without any good faith discussion the one validator that is speaking to the community has banned anyone who has given an opinion he disagrees from all channels that the swap is allowed to be discussed in, giving the appearance of community consent TLDR the community is being forced into a swap that might not be in the best interest of the community by validators the team handpicked, community channels are being heavily modded to silence anyone who opposes [link] [comments]  | ||
| Citi Exec Says Ethereum-Based Platform Powering New Wave of Digital Finance Posted: 11 Mar 2020 08:55 AM PDT
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| Uniswap exchange frontend hosted on Skynet Posted: 11 Mar 2020 12:01 PM PDT | ||
| Cryptocurrency Exchange Kraken Launches FX Trading. Posted: 11 Mar 2020 11:38 AM PDT
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| Btc has now hit lower than last years lows that only happened once before Posted: 12 Mar 2020 04:07 AM PDT
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| “Should I Buy Bitcoin?” Will Be the Big Question of the Upcoming Years Posted: 12 Mar 2020 03:05 AM PDT
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| Here is why I think LINK will be made redundant in the longrun. Posted: 11 Mar 2020 05:15 PM PDT Okay link marines, I want you to actually read and understand what I write not throw a full tantrum. I see a lot of excuses why the link token is needed and why it's the future and all this and I'm gonna debunk some. For example ETH can't do features right? Wrong. There was absolutely no technical reason why it can't. Ethereum foundation build layer 1 Sharding, The Ethereum virtual machine, etc. Dapp developers build smart contracts. It is up to daap developers to do so. You dont do features ON eth. You USE eth in your dapps. Even the Ethereum dev helped make ERC677 token !! Haha well, There is no rule that a developer working for the Ethereum Foundation can't build a dapp. The rule is it's not the responsibility of the foundation to build dapps. Also, Ether is not an ERC20 token so comparing the use of ERC677 to ERC20 is completely irrelevant. ERC20 is a smart contract for creating new tokens. Tron was originally an ERC20 contract on Ethereum. ERC677 is just another smart contract for creating tokens similar to ERC20 but a bit different. Ether is the blockchains native coin. You can use it in any smart contract without needing to create an ERC20 or any other ERC token contract. It's like this. You have the IETF, the Internet Engineering Task Force. Their job is to build the TCP IP protocols that the Internet uses. Their job isn't to build websites like Facebook and Amazon. That doesn't mean someone part of the IETF can't get a part time job at Facebook or whatever. I have used this example before and I'll use it again. Uniswap is a smart contract on etheruem. That is, a dapp. (Dapps and smart contracts are the same thing) Uniswap allows users to perform atomic swaps. But guess what, there is no token. It uses ether to power the smart contract. When the chainlink smart contract was written they created a bs coin and did a bs ICO instead of using the native token for smart contracts (ether). Smart? Yes! Ceo printed millions for himself by keeping 30% of the supply or whatever. If there is ever a reason to print money out of thin air, you better believe someone will do it. Does it work? Yeh it does. Can it be replaced? Yeh.. and it's better for Ethereum to do so. Another point, oracles can just use Ether with a difficulty adjustment algorithm for managing supply and demand like every other sensible blockchain. Blaming the need for LINK on price of volatility of ether or gas is just another cop out excuse for printing money with a new token. Maybe when I have time later I could Explain the independence between the Oracle architecture and the compensation mechanism. And then go on to "defame" LINK by explaining how it is just a new token created out of thin air for payments. And how ether not only could have been used instead but why it must be used for the success of the network. Link is partnered with Microsoft and Oracle and all that. Microsoft and Oracle are not cryptographers by nature, they are experimenting a new technology and these "partnerships" are not what people think and it is way overhyped. I run websites on Amazon Web servers so I'm partnered with Amazon. Lol. Bottom line is that LINK is a middleman token (this technology is literally to eliminate the middleman not create one same as xrp) that has a use case sure, but it's only a matter of time before someone does oracles with ETH. History shows the path of least resistance wins so there will be no reason to go to link. Ether has a much bigger network affect than link and it will be much easier to use the native token. Link being agnostic or not matters not. Let's hear the abuse lol. This is the future I see as I don't see the need for a seperate token for a single feature. That's my opinion but the rest is not. Eth can do features and eth can be used for oracles. [link] [comments]  | ||
| Skynet iOS app to upload photos and videos Posted: 11 Mar 2020 12:02 PM PDT | ||
| Reorgs on Bitcoin Gold: Counterattacks in the wild Posted: 11 Mar 2020 03:18 PM PDT
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| Decentralized token registry coming to Obyte Posted: 11 Mar 2020 07:23 AM PDT
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| FX trading coming to Kraken - March 12 Posted: 11 Mar 2020 09:44 AM PDT Kraken just sent out email to it's crypto customers that it will go live with FX trading. It will be offering 9 FX pairs to start. CAD, CHF, EUR, GBP, JPY and USD Clients will be required to trade at least 10 units of base currency in each transaction. Display precision will be 5 decimal points, with the exception of JPY-based pairs which will be 3 decimal points. [link] [comments]  | ||
| Hi, average Joe here, looking to invest. Wtf is going on and how can I benefit? Posted: 11 Mar 2020 11:31 PM PDT I am by no means educated in this field. I'm 19, got some money saved up, and want to use this economic eclipse to benefit. I heard you guys need more people from the mainstream and I'm willing to participate. ELI5, where do I start, what to look out for, and how the current situation of CoVid-19 can be used to my advantage. I remember stumbling into BTC when I was 10 and begged my parents to buy me a computer as an investment - but who would listen to a 10 year old. I don't blame them. Any insight would be much appreciated. [link] [comments]  | ||
| Discussion of the Day; Algorand ALGO Posted: 11 Mar 2020 04:09 PM PDT -Today's Crypto of the Day is Algorand ALGO, and it's current price is $0.27. -I try to post some information/thoughts within a few days of each post. I wait a while so I do not bias other people's posts. -Downvoting these posts only prevents others from reading about it, as it quickly becomes buried once the votes become zero. -If you are downvoting because you dislike the coin or project, it is far more helpful to post why. This helps to educate others, rather than just avoiding talking about it. Your post might help to prevent someone from making a terrible investment. If there is a project you feel is worthless or a scam, I think it is even more critical to upvote so people can read your concerns that you address within the thread. -So far, I have featured all 20 crypto from Coinbase and all 5 from Gemini. -I am currently finishing up the 26 on Coinbase Pro. -I will then finish out those remaining on Binance US and Kraken, and probably more. -I am continuing my daily posts of, "crypto of the day". Just because I feature a specific project does not mean that I even like it. My goal is to eventually help to facilitate a discussion on all projects listed on any of the main exchanges, as well as some moonshots that the community and/or I like. Some projects discussed will be straight up trash, but those are just as important to evaluate as those with promise. -These posts are not meant to be financial advice, but instead to be an educational discussion. Everyone is responsible for doing their own research. -For each project, I am interested in learning if you have any investment in it, and if so, about what percentage of your portfolio does it carry. -If you have any strong opinions about how much it may be worth over the course of the next year or so, feel free to share that number for entertainment purposes. However, be ready for people to talk crap about your prediction, since no one can truly predict the future. -Most importantly, what should we all know; good, bad, and indifferent, about this project? -It is useful to hear pros and cons about every project, even if you are simply playing devils advocate. If all people post only positive or only negative information on any given project, that discussion is truly limited. You can even begin a post by saying something like, "First off, I love this project and over half of my portfiolio consists of it. However, if there is any concern one might have about this coin, it is probably that _____." I look forward to reading thoughts on this project... [link] [comments]  | ||
| "Tether is a huge money driver" recognizes Bitfinex CTO. (More than $100 million per year) Posted: 11 Mar 2020 08:37 AM PDT
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| Posted: 11 Mar 2020 07:13 AM PDT
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| AVA Codebase Release and $50,000 Developer Accelerator Program Posted: 11 Mar 2020 05:47 PM PDT
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| We are going down for the rest of this year Posted: 12 Mar 2020 02:58 AM PDT
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| Working product, but going nowhere Posted: 11 Mar 2020 05:57 AM PDT 'Working product' used be a big shill point for tokens. But it's not anymore. There are tens of token with working product, but they aren't quite the next best thing. Which 'working product' token did you fall for? For me it was GVT. I fell for it hard. It was going to be the all-in-one asset trading platform, that no investor could resist. It went live more than the year ago, ergo working product. But what a lukewarm it turned out to be. [link] [comments]  |
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