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    Cryptocurrency Daily Discussion - August 4, 2020 (GMT+0)

    August 04, 2020

    Cryptocurrency Daily Discussion - August 4, 2020 (GMT+0)

    Daily Discussion - August 4, 2020 (GMT+0)

    Posted: 03 Aug 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 The prior exemption for karma and age requirements is no longer in effect.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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    Bitcoin Is The Separation Of Money And State

    Posted: 03 Aug 2020 09:08 PM PDT

    How to build a mining farm in 2020

    Posted: 04 Aug 2020 01:52 AM PDT

    The Ethereum Foundation Is Building a Dedicated Eth 2.0 Security Team

    Posted: 03 Aug 2020 04:13 PM PDT

    Bitcoin has been following the stock to flow model almost perfectly...

    Posted: 04 Aug 2020 02:00 AM PDT

    2020 Is Becoming the Year of Staking With Some Major Achievements

    Posted: 04 Aug 2020 01:29 AM PDT

    Is Maker Significantly Undervalued?

    Posted: 03 Aug 2020 01:31 PM PDT

    Here we go again. Hold onto your butts.

    Posted: 03 Aug 2020 05:53 PM PDT

    Crypto_com subreddit removing threads with legitimate concerns

    Posted: 03 Aug 2020 10:43 AM PDT

    Crypto_com subreddit removing threads with legitimate concerns

    ​

    press F for seraksab

    I mean, shafting your earliest investors out of ICO money is one thing, but to actively censor and remove threads with legitimate concerns from your customers are next level shady. No company worth its salt or trying to be taken seriously does this kind of shit. Anyone knows an alternative platform on mobile where you can trade various cryptos?

    submitted by /u/looperino_memes
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    Repost from r/Crypto_com. There has been a noticeable drop in confidence in the platform today as they have decided to drop their MCO token.

    Posted: 03 Aug 2020 11:32 AM PDT

    Cardano Foundation Inks Partnership With Swiss Fintech Firm Lykke Corp.

    Posted: 03 Aug 2020 10:18 PM PDT

    Bitcoin told you not to trade..! Just HODL

    Posted: 03 Aug 2020 01:27 PM PDT

    Why isn't monolith aka tokencard getting more attention with the crypto.com drama.

    Posted: 03 Aug 2020 05:40 PM PDT

    If you're in Europe or the UK you can get a card immediately without needing to lock anything.

    You send your assets to a smart contract which is linked to a visa card. The way I understand you never give up custody of your funds.

    Furthermore crypto.com actually plagiarized a fair bit of their white paper from monolith, called token card at the time.

    Can someone explain to me why monolith isn't discussed more? Aside from the fact they don't spend tons of money on marketing and buying flashy domains.

    monolith

    Ofc correct me if I'm wrong...

    submitted by /u/elgrandesombrero
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    How to Stake on the ETH2 Medalla Testnet - A Beginner's Guide

    Posted: 04 Aug 2020 01:43 AM PDT

    A new report finds that Homeland Security has confiscated $2 billion in cash at airports between 2000 and 2016. Most of these cash-carrying travelers have not committed a crime serious enough to even warrant their arrest

    Posted: 03 Aug 2020 07:33 AM PDT

    Bitcoin overtakes Intel and Coca-Cola at a market capitalization of $205 billion.

    Posted: 03 Aug 2020 06:21 AM PDT

    Crypto scam Apollo fakes presidential election for a new nation.

    Posted: 03 Aug 2020 06:54 PM PDT

    I have seen many ponzi schemes and scams in crypto, but this one is by far the wildest and most entertaining. I'm talking about Apollo Currency or as they are re-branding themselves now with a better looking website - Apollo Fintech and it's infamous front-man Steve Mccullah.

    He recently stated there is a new nation forming in Africa that Steve believes will become a powerhouse in the future and it will run on Apollo blockchain. They just went as far as making a livestream presidential election video for the United Allied States. One of the candidates was no other than Steve Mccullah himself and of course he also won.

    Who is this new president you ask? Apparently he is a former zoology expert who back in 2012 started a kickstarter campaign for his expedition and documentary on finding a living dinosaur among other things in jungle of Congo. After rising nearly 30000$ the expedition and documentary never happened and he disappeared with the money. Not for long though as he was back with a new kickstarter project 3 years later. This time he was not into zoology anymore and instead turned to developing games. Trying to get twice as much money now with his new MMO real gold mining game. Thankfully kickstarter caught up to them and suspended the whole thing before they could scam anything out of people. Here is a fun promotional interview they did and got some tough questions from 2 blonde girls. This kickstarter was posted in shittykickstarters subreddit where it was trashed for it's pyramid scheme concept and stolen images. Now in 2020 they are pushing that same game under a different name and different look on Apollo blockchain as the next big thing to come out. It has the same promise of mining real gold.

    Then you have their new hybrid stable coin on apollo blockchain that can be bought on presale now. Apparently it is backed by gold rich land and gold worth of 6.5 billions and according to them it's the only stable coin that can only increase in value. It will obviously dump if it even gets to the point where it can be sold on exchanges.

    Some past posts on Apollo scam here

    There is so much more I could write, but I don't have the patience. With that many red flags and the overall ridiculous and unrealistic promising people are throwing money at this thing for the past few years and are still doing it right now. Why? Are these the same people who fall for the Nigerian prince emails?

    submitted by /u/ScamYouAlert
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    VeChain joins forces with labelling giant Avery Dennison for more IoT and blockchain collaborations

    Posted: 03 Aug 2020 09:13 AM PDT

    eth2 quick update no. 14 - �� testnet edition

    Posted: 03 Aug 2020 08:04 AM PDT

    SEC-sanctioned crypto companies received COVID-19 bailout money - Decrypt

    Posted: 04 Aug 2020 12:21 AM PDT

    'Monero, Tari to release guide to help exchanges list privacy coins' - Decrypt

    Posted: 03 Aug 2020 09:10 AM PDT

    Baselining the North America Coca-Cola Bottling Supply Chain

    Posted: 03 Aug 2020 07:08 AM PDT

    4 chans bamboozle

    Posted: 04 Aug 2020 03:02 AM PDT

    I recently learnt about the concerted effort of /biz/ to fud chainlink so people (especially reddit) miss out on what was perceived as a sure bet to the moon as well as keep the price low so /biz/ could purchase more. What are people feelings towards this and how much of the fud is considered genuine with the hindsight of chainlinks massive gains.

    submitted by /u/QualityBanter
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