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    Cryptocurrency Daily Discussion - April 23, 2020 (GMT+0)

    April 23, 2020

    Cryptocurrency Daily Discussion - April 23, 2020 (GMT+0)

    Daily Discussion - April 23, 2020 (GMT+0)

    Posted: 22 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 The prior exemption for karma and age requirements is no longer in effect.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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    63% of the Ripple (XRP) community has gone for good

    Posted: 22 Apr 2020 09:44 AM PDT

    Here is why Microsoft's infamous Patent 666 is getting trolled! Patent proposes to use EEG/fMRI/BRAIN WAVES/Body heat/ and more invasive data to generate cryptocurrency. People are calling the ideas real-life Matrix!

    Posted: 23 Apr 2020 03:26 AM PDT

    NewsCrypto and KuCoin will join forces to release a range of blockchain-related courses, covering a wide variety of topics aimed at promoting cryptocurrency adoption and teaching everybody the fundamentals of cryptocurrency

    Posted: 23 Apr 2020 12:50 AM PDT

    Good guy ETH

    Posted: 22 Apr 2020 12:07 PM PDT

    The War For Control Of Our Money Has Begun - 2011 Bitcoiner & Economist Simon Dixon

    Posted: 23 Apr 2020 03:38 AM PDT

    What exchange do you use for altcoin derivatives?

    Posted: 23 Apr 2020 02:11 AM PDT

    I'm trading on Binance Futures right now. They have a good selection of pairs and coins (prolly the best of any exchange I have seen) but the fees are killing me a bit. Also I end up getting liquidated a lot (lol).

    submitted by /u/teezy4eezy
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    A warning about Changelly

    Posted: 22 Apr 2020 04:08 PM PDT

    MyEtherWallet to offer '.crypto' blockchain domains to 1 million users.

    Posted: 23 Apr 2020 06:12 AM PDT

    Is this even backed up by anything?

    Posted: 22 Apr 2020 09:38 AM PDT

    My book 'Why cryptocurrencies?', which explains the usefulness of cryptocurrencies, is completed

    Posted: 22 Apr 2020 06:03 AM PDT

    After more than a year of writing a little here and there, my book Why cryptocurrencies? is now completed and it's available to read online for free.

    I started this project because I got tired of the misconceptions people had about cryptocurrencies, even in highly technical communities, and on the constant focus on the investment side instead of the possible utility and usefulness. The phrase that grinds my gears the most is how "there's no use-case for cryptocurrencies", which I hope to put to rest with this book.

    The book isn't aimed at any specific cryptocurrency, but on the potential of them as a whole and we'll cover topics such as:

    • What money is and how cryptocurrencies might be the best money we've ever seen
    • How cryptocurrencies can compete against other digital payment systems with their low fees and irreversible transactions
    • The importance of truly uncensorable donations and the problems with permissioned payment systems
    • How cryptocurrencies might help you reclaim your financial privacy *If you're tired of the shenanigans of the central banks, cryptocurrencies represent an alternative financial system
    • That you can build applications on top of cryptocurrencies, such as provably fair gambling or a timestamping service based on mathematics instead of social proof.

    While the online part of the book is finished, my plan is to take it easy a little while and then start working on an e-book and a paperback. (If you're aware of a way to provide a self-published paperback purchasable with cryptocurrencies, without me handling the distribution, please let me know!)

    If you enjoyed the book please help spread the word.

    submitted by /u/jonas_h
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    Discussion of the Day: SOLVE

    Posted: 22 Apr 2020 12:44 PM PDT

    -Today's Crypto of the Day is SOLVE, and it's current price is $0.0596.

    DUE TO SOME PERSONAL ISSUES, I AM TEMPORARILY BEHIND ON FOLLOW UP POSTS. I WILL EVENTUALLY CATCH UP AND POST MY OPINIONS ON ALL OF THEM. I AM NOT TRYING TO MAKE LOW EFFORT POSTS AND WILL DO MY BEST TO POST A NEW DISCUSSION DAILY FOR A WHILE. THANK YOU FOR YOUR UNDERSTANDING.

    -Since 2/18/20, I have posted a crypto/asset of the day for discussion. I typically begin by posting the current price, as well as the brief CoinMarketCap summary. If there is a video featuring it on Coin Bureau, I also post that. After a week or so, I usually post replies to some of the posts, and I also add an overall summary of my thoughts, if I plan to hold any, and is so how much.

    -I strongly encourage everyone to follow up on past discussions and you can still make comments on them. There is a lot of valuable information on many of these posts, so please check them out as you have time. You may learn a lot regarding some of these projects. I know I certainly did! https://www.reddit.com/r/CryptoCurrency/search?q=author%3Ajoenorwood77&restrict_sr=on

    -My first month or so I featured projects listed on some of the main exchanges. Now I plan to focus on the top 100 on CoinMarketCap. After that I expect to broaden to the top 200, and then some random moonshots. I will eventually create a post looking for any projects I should feature before I eventually close this project.

    -Just because I feature a project does not mean I like it. I feel discussion on bad projects are just as important as the good ones. It is useful to hear pros and cons about every project, even if you are simply playing devils advocate.

    -I would say a perfect reply would include at least one pro and at least one con for the project. However, I still feel it is acceptable if you post only pros or cons. If your post does not have any substance to it, "this coin is a scam", "avoid this shitcoin", "this coin will moon to $1000 by the end of 2020", then I will just assume you are posting for personal gain rather than helping the community. If you simply downvote the post without any comments, the only thing you accomplish is having less people view the post. I do not care about Reddit Karma, but if a post drops to zero early on, it can be extremely difficult for people to even find these discussions (which I assume is your intention).

    -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. Most importantly, what should we all know; good, bad, and indifferent, about this project?

    submitted by /u/joenorwood77
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    220,000,000 USDT (220,210,301 USD) burned at Tether Treasury

    Posted: 22 Apr 2020 01:22 PM PDT

    Monero Means Money is the #1 box office film for the week of Fri-Thur starting on April 10

    Posted: 22 Apr 2020 09:02 AM PDT

    A beginner to intermediate crypto user guide to coin security

    Posted: 23 Apr 2020 01:19 AM PDT

    Why do we want the block time to be consistent? Trying to understand the reason behind the need for difficulty.

    Posted: 23 Apr 2020 12:50 AM PDT

    I understand what difficulty does and how it works, but not WHY we need it. I understand that without changing difficulty, the speed with which a block is found is proportional to the number of miners, so instead we change the difficulty to counteract changes in number of miners (and thus keep the time between blocks roughly the same).

    What I don't understand is.....

    1. Why do we want a consistent block time?
    2. Why is it a bad thing if we had faster blocks due to more miners?
    3. I often see the block size debate, but instead of changing block size, couldn't we change block time to process more transactions in the same amount of time?

    ​

    Thanks for the explanation!

    submitted by /u/EvilLost
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    Argentina's Banks Set to Use Bitcoin's Rootstock for Tracking Payments

    Posted: 22 Apr 2020 06:05 AM PDT

    ICON (ICX) Set to Vote on Proposal to Further Decentralize Economic Reward System

    Posted: 22 Apr 2020 12:14 PM PDT

    If Bitcoin 'is the future' yet mining is such a lengthy, expensive & laborious process, why don't large corps with supercomputers do it in a fraction of the time and at minimal cost?

    Posted: 23 Apr 2020 05:23 AM PDT

    YouTube Slapped with Lawsuit By Ripple

    Posted: 22 Apr 2020 07:37 AM PDT

    Blockchain Interoperability is Solved with Interchain™

    Posted: 22 Apr 2020 09:30 AM PDT

    New Form of Social Media Denial-of-Service Attack: False Impersonation Claims

    Posted: 22 Apr 2020 10:31 PM PDT

    If you use a gmail email account, beware you can be locked out, permanently, with no recourse or even any email support form / contact form, if someone files a false "impersonation" claim against your Google+ account. This is a new way hackers are using to lock people out of their Youtube and gmail accounts. Your Gmail account can be auto-shutdown with no human review, and no appeals process.

    https://www.dailydot.com/irl/youtube-google-auto-shutdown/

    submitted by /u/GaltRepos
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