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    Cryptocurrency Daily Discussion - May 3, 2020 (GMT+0)

    May 03, 2020

    Cryptocurrency Daily Discussion - May 3, 2020 (GMT+0)

    Daily Discussion - May 3, 2020 (GMT+0)

    Posted: 02 May 2020 05:11 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 The prior exemption for karma and age requirements is no longer in effect.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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    How many Bells for 1 BTC?

    Posted: 02 May 2020 07:53 AM PDT

    The market for selling hash rate in exchange for Bitcoin has undergone staggering growth in the epoch since the last halving. There is almost 100 times the level of competition today as there was four years ago, up 125 exahashes from 1.4 exahashes

    Posted: 02 May 2020 11:03 PM PDT

    Bitcoin Miners Usually Create 6 Blocks per Hour. They Just Banged Out 16 - 2 May, 2020

    Posted: 03 May 2020 03:03 AM PDT

    If quantitative easing and systemic exclusion of entire swathes of people from global prosperity are not enough of an incentive for the masses to adopt a digital-first, blockchain-based asset economy, then concerns over hygiene may do the trick.

    Posted: 03 May 2020 12:50 AM PDT

    The FBI is seeking individuals who held crypto assets on CoinGather who appeared to conduct an exit scam in November 2017.

    Posted: 03 May 2020 02:10 AM PDT

    In it for the tech

    Posted: 02 May 2020 08:56 AM PDT

    Tether just admitted they aren’t fully backed.

    Posted: 03 May 2020 04:53 AM PDT

    A short incident of my inward remittance

    Posted: 02 May 2020 08:47 PM PDT

    So I have started freelancing and the team has agreed to pay me 1500 USD. I was transferred the amount via wire inward remittance. Now what follows is:

    • The bank deducted 30 dollars i.e 2% as inward remittance fee.
    • 3% of the amount has to go to government. That's the law.
    • An additional 18% of the tax will be levied on the above 5%
    • If I don't confirm the inward remittance within 3 days, the bank will revert back the transaction.
    • Once I confirm the inward remittance, it will take anywhere between 2-3 working days to credit money to my account.
    • The conversion rate, from USD to my native currency, is decided by the bank itself. The conversion rate that I get is almost 6% less than the market value.

    Now compare all these things to any cryptocurrency. Use crypto. Cryptocurrency is provably programmable money.

    submitted by /u/spider143
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    10 days to go until the Bitcoin halving

    Posted: 02 May 2020 08:36 AM PDT

    [movie] Gold, S&P500, Bitcoin, Monero from 2008 - 2019

    Posted: 03 May 2020 02:35 AM PDT

    An Introduction to HD Wallet Derivation Paths

    Posted: 02 May 2020 01:43 PM PDT

    Bitcoin always near its logarithmic regression "fair-value" at the halving

    Posted: 02 May 2020 01:33 PM PDT

    Saito and DHB Global Partner on COVID-19 Equipment Procurement Platform

    Posted: 02 May 2020 08:31 PM PDT

    Bitcoin Price Poised to Cross $10,000 Before the Halving

    Posted: 03 May 2020 02:58 AM PDT

    This Economic Crisis Shows Why Bitcoin Is Essential for the Future

    Posted: 03 May 2020 02:47 AM PDT

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

    Posted: 03 May 2020 12:18 AM PDT

    What is a Private Key? A technical introduction, but not too technical.

    Posted: 02 May 2020 01:44 PM PDT

    This asset is not supported by coinbase...

    Posted: 02 May 2020 03:02 PM PDT

    CNBC Talks About the Bitcoin Halving - May 1st 2020

    Posted: 02 May 2020 10:41 AM PDT

    Bitcoin Moving Yearly Average About to Break All-Time High

    Posted: 02 May 2020 01:16 PM PDT

    Cryptorefills.com is a SCAM!

    Posted: 02 May 2020 06:30 AM PDT

    Bought a voucher with BTC couple days ago, but did not receive anything! Support is not responding to my emails, sent them transaction ID but didn't hear from them.

    Avoid these scammers!

    Anybody else has used them before?

    submitted by /u/hwtu
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    [TA] Ethereum, XRP, Litecoin Rejected: More Losses to Come

    Posted: 03 May 2020 03:05 AM PDT

    CoinMarketCap’s birthday roast got too hot to handle

    Posted: 02 May 2020 12:39 PM PDT

    Anyone want to manage a discord server for a new cryptocurrency and alternate dns root?

    Posted: 02 May 2020 11:43 PM PDT

    I run a cryptocurrency and alternate dns root. https://zealchain.com

    Users are asking for a discord server. I'm an irc guy (I'm on freenode and OFTC). I need someone to create and manage a discord server for the project. Telegram is bonus points.

    Benefits? I can't offer any cash. But you'll be a part of an awesome project. The cryptocurrency's value is growing every day (https://altmarkets.io/trading/zealbtc), and people are buying domain names (using ZEAL).

    Also, I released this project in April of this year. You could easily join and mine some thousands of ZEAL and be a part of a growing project from the start.

    Let me know if you are interested.

    submitted by /u/Mjjjokes
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