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    Cryptocurrency Daily Discussion - April 16, 2020 (GMT+0)

    April 16, 2020

    Cryptocurrency Daily Discussion - April 16, 2020 (GMT+0)

    Daily Discussion - April 16, 2020 (GMT+0)

    Posted: 15 Apr 2020 05:09 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:

    • 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 The prior exemption for karma and age requirements is no longer in effect.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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    Federal Reserve Balance Sheet reaches over $6,000,000,000,000

    Posted: 15 Apr 2020 11:54 AM PDT

    49 new google chrome extensions caught hijacking cryptocurrency wallets

    Posted: 15 Apr 2020 09:06 AM PDT

    Bloomberg Opinion piece: "Money is losing its value. [The numbers being printed by the Federal Reserve] are so large that they no longer have any meaning."

    Posted: 15 Apr 2020 07:38 PM PDT

    CoinGecko first quarterly cryptocurrency report for 2020

    Posted: 15 Apr 2020 11:31 PM PDT

    $1,000 Decentralized Search Engine Bounty.

    Posted: 16 Apr 2020 02:01 AM PDT

    We launched a bounty on Gitcoin to build an open source library for search on IPFS!

    Details:

    • $1,000 $ETH Prize
    • Support for .crypto, .zil, & .eth sites
    • Submit by May 7

    ➡️ Join here

    This Gitcoin Bounty is open to multiple contributors. All submissions will be reviewed on May 7th and one winner will receive the grand prize of $1,000.

    Feel free to comment or DM me if you have any questions.

    submitted by /u/MagoCrypto
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    Massive sextortion scam underway. Remember: don't pay ransoms!

    Posted: 15 Apr 2020 04:22 PM PDT

    PSA: A massive flood of people are reporting the following email arriving in their inboxes (myself included):

    Send $1000 in bitcoin to the underneath address (remove***from it):

    [REDACTED]

    You could be wondering why the hell would you do that? Well, put together yourself simply because I am going to tremble your entire world now. I had a threatening viruses infect your own pc and also record video clip of YOU (using your webcam) when you looked at 'adult' sites.

    Here's one of your own code [REDACTED]

    Still don't believe me? Respond 7 and I will be randomly share your video with 7 people you're friends with (Yes, I have access to your address book as well).

    At this moment, exactly what do I want to make this entire thing vanish? Very well, I have already described the particular offer in beginning of the e-mail. If you do not fulfill it within Twenty-four hours, I am going to make your life nightmare by delivering that video clip to Everyone you know. Your time frame starts right now.

    The grammar and vocabulary sounds like something that would come out of North Korea. Remember with cases like these, it is almost always an empty threat. It is impractical for the scammer to follow through with this threat on such a massive scale. All the compromising information (if any) that they provide in the message can be found on the darkweb and is already out in the open.

    So if you receive such an email, it is prudent to change your passwords and update any accounts that may be shown to be compromised. Whatever you do, DO NOT PAY.

    submitted by /u/uclatommy
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    Chinese Government Employees to Receive CBDC in May

    Posted: 15 Apr 2020 11:41 PM PDT

    Watch out! Warning! Bitwala closed my account without giving any reason

    Posted: 16 Apr 2020 04:05 AM PDT

    I used this account as a secondary one. Today bitwala closed my account and will not tell me why, even after asking multiple times.

    Use with caution! Bitwala is not a bank you can trust will be there the next day.

    I cannot access my funds and have to wait until they transfer it. I have no idea how long this will take.

    submitted by /u/GAMTON3000
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    Pool-X Reveals V1.2 Launch With Soft Staking Program’s Move Into The Platform

    Posted: 15 Apr 2020 10:40 PM PDT

    Pool-X is an exchange that provides liquidity for staked crypto. It is a state of free market that enables the integration of diversified crypto assets and multi-node aiming to solve the dilemma of inadequate liquidity due to the current conventional staking schemes. The rate at which the planned Pool-X ecosystem is growing every day is very impressive and serves as a mark of how hard the KuCoin team work to achieve their mission.

    In 2019, the staking market went mainstream. As the People's Exchange, in light of its mission to bring more value to its users. Maximizing the benefits for users on the platform, KuCoin has launched Soft Staking Program. The program is currently collaborating with 12 projects that support PoS, and is now benefiting over 300k users.

    Soft Staking On Pool-X V1.2

    Pool-X was launched in August 2019 and it was a natural progression for KuCoin's Soft Staking to follow Pool-X's incredibly strong ecosystem. By migrating to the platform, Soft Staking users will experience a number of excellent benefits, such as:

    1. More professional Soft Staking services
    2. New revenue overview and statistical analysis functions
    3. The increase of annualized revenue for up to 1.3 times

    Other future plans will be announced in due course. Further details are available to review here

    submitted by /u/AlcoholicMexican
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    Dark Pools, DeFi & Bringing Bitcoin To Ethereum With REN CTO Loong Wang

    Posted: 16 Apr 2020 01:17 AM PDT

    ELI5: How do coins like this increase by 4.1billion% over 7 days? Do people make any money from it?

    Posted: 15 Apr 2020 07:15 PM PDT

    Bitcoin pioneer bets big on DeFi with latest acquisition

    Posted: 16 Apr 2020 01:42 AM PDT

    Just 26 days till Bitcoin’s annual inflation drops below Gold

    Posted: 16 Apr 2020 04:19 AM PDT

    Got 20k to spend, is XRP still viable and/or worth while to spend 20k in xrp? Love to hear your thoughts or alternatives.

    Posted: 16 Apr 2020 04:08 AM PDT

    I want to invest 20k in XRP, according to AustralianfinTech;

    "Westpac Banking Corp, National Australia Bank, Macquarie Group and nine other international members of the R3 consortium have completed a trial of blockchain technology which saw funds transferred between banks across borders using Ripple's cryptocurrency XRP...."

    "Westpac says RBA-issued digital currency would boost blockchain"

    This is for Australia at the moment, personally I've taken a break from altcoins and just hodling; so would love some ideas for an Aussie crypto investor in terms of alt coins and/or bitcoin investment with the sum being up to 20k AUD.

    Open to hear your thoughts about this and perhaps maybe alternatives if XRP isn't the best way to go? My thinking around this is if the big banks of Australia are getting in on it, and actual use case for the blockchain; it seemingly sounds viable. Please do feel free to correct me!

    Thanks guys, looking forward to your thoughts.

    EDIT: I was also thinking Stellar (XLM) due to their use case for solar power in Australia with government contracts in place. Just been out of the blockchain world for quite some months now so I'm a little behind in terms of being well informed. Personally I think this is a great option, but if the big banks are leaning towards Ripple - well; it seems to me it's too good of an opportunity to miss? Not sure. Keep the comments coming! Loving the suggestions!

    submitted by /u/PsychiatricCliq
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    Sun of Wall Street! [Justin Sun Deepfake]

    Posted: 15 Apr 2020 05:27 PM PDT

    Crypto.com supported The Economist Intelligence Unit (EIU) to study how digital currencies are contributing to a cashless future. What do the general public think of digital currency adoption?

    Posted: 16 Apr 2020 03:00 AM PDT

    The Tether Scam Saves Bitcoin, Again.

    Posted: 15 Apr 2020 11:34 AM PDT

    Protecting You Smart Home

    Posted: 15 Apr 2020 10:44 PM PDT

    IoTeX and NKN just did a great webinar called "How to protect your smart home in 2020". IoTeX & NKN team members do a great job. Check it out at this link:

    https://zoom.us/rec/share/2sVJCJj9zkNIErPz7VvBV4w_Brr9eaa80XdL-KVYy0n7GyqL5bR3nNfh9qUUV7VP

    submitted by /u/troytrojan01
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    China’s Digital Yuan to Be Trialed in Four Cities

    Posted: 15 Apr 2020 09:33 AM PDT

    Pomp Interviews Mark Cuban on the Economy & Bitcoin - April 15th 2020

    Posted: 15 Apr 2020 11:45 AM PDT

    Floyx - social media for crypto world [UPDATE 14/04/2020].

    Posted: 15 Apr 2020 11:23 PM PDT

    We have recently performed an important update to the Floyx.com website.

    We've added new elements:
    - reporting system for inappropriate content and user profiles
    - user blocking system

    In addition, we have improved:
    - account protection by 2fa system
    - the date displayed in the articles, we also improved the ability to share the article directly on Twitter, Facebook, LinkedIn
    - smaller general graphic fixes
    - improved Floyx performance

    New elements have also been implemented in mobile applications that are waiting for verification in stores. Due to COVID-19, we have received information that the application verification process may take 7 days. However, applications will be available soon. We will inform you in a separate message.

    Full update description can be found here!

    More updates coming soon...

    submitted by /u/tbone1138
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    Any users of CoinBases “Vault” wallet option on this sub?

    Posted: 15 Apr 2020 05:16 PM PDT

    I just began using this option within coinbase and I think it is really cool addition. I was thinking of getting a hardware wallet like a Nano or Trezor but I felt like giving the coinbase vault a try, especially because it is free. Thoughts?

    submitted by /u/sc_shay20
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