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    Cryptocurrency Daily Discussion - August 7, 2020 (GMT+0)

    August 07, 2020

    Cryptocurrency Daily Discussion - August 7, 2020 (GMT+0)

    Daily Discussion - August 7, 2020 (GMT+0)

    Posted: 06 Aug 2020 05:12 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 The prior exemption for karma and age requirements is no longer in effect.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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    Second-Largest Bitcoin Whale in Existence Moves Staggering $1,146,000,000 in BTC

    Posted: 07 Aug 2020 01:00 AM PDT

    Americans are “pouring” cash, stimulus checks into Bitcoin and gold

    Posted: 06 Aug 2020 08:37 AM PDT

    r/bitcoin right now.

    Posted: 06 Aug 2020 01:58 PM PDT

    Bitcoin’s realized price hits new ATH of $6,000

    Posted: 06 Aug 2020 07:56 PM PDT

    Attacker Stole 807K ETC in Ethereum Classic 51% Attack

    Posted: 06 Aug 2020 10:51 PM PDT

    Given that ETC has been 51% attacked twice in the last week and blocks reorganised, why is it's marketcap not 0? Discussion

    Posted: 06 Aug 2020 11:44 PM PDT

    Ethereum classic has been 51% attacked twice in the last week and suffered block reorganisation. It's estimated that the attack cost $200,000 to rent the required hashrate from nicehash and the attacker(s) made $5.6 million. 4,000 blocks were reorganised - how does this coin even exist? Should it be allowed on exchanges? Genuine discussion please.

    submitted by /u/jpreddit200
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    July 2020 CoinGecko Monthly Crypto Report with an overview of the crypto markets, DEX, and DeFi tokens

    Posted: 06 Aug 2020 11:53 PM PDT

    'Crypto Mom' SEC Commissioner Hester Pierce Voted in Until 2025

    Posted: 07 Aug 2020 03:02 AM PDT

    Warning - don't 100% rely on a hardware wallet

    Posted: 07 Aug 2020 12:33 AM PDT

    Almost had a very hard lesson today.

    My Ledger Nano S wouldn't turn on after plugging it in with 3 cables on 2 PCs, I guess it's dead.

    Luckily I had backed up the 24 word seed and was able to restore the key onto my Android wallet and then transfer from there.

    I'm actually disappointed that my Ledger only lasted 2 years... but boy am I glad that I backed up the key. That would have been a huge loss had I not.

    Remember to store your seed in at least 2 places.

    submitted by /u/nice2yz
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    North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash

    Posted: 07 Aug 2020 03:15 AM PDT

    VeChain ToolChain™ Powers DNV GL’s My Care And Onboards De Cecco In Expansion To The Agri-food Industry

    Posted: 06 Aug 2020 12:35 PM PDT

    BTC for Family or Friends or both?

    Posted: 06 Aug 2020 06:59 AM PDT

    Goldman names new head of digital assets in bet that blockchain is the future of financial markets

    Posted: 06 Aug 2020 01:29 PM PDT

    Goldman Sachs is considering its own crypto, likely stable coin

    Posted: 06 Aug 2020 11:41 PM PDT

    If you DCA how do you know your limits?

    Posted: 06 Aug 2020 11:04 PM PDT

    So let's get the 'dont sell' stuff out early. I get it. But seriously speaking if you are someone who sells and also dca's how do you work out your limits on where you want to take some profits? It's easier when you know every entry and log it, but if you automatically DCA... What do you use to work out exits?

    submitted by /u/haijax
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    Whenever I try to explain crypto

    Posted: 06 Aug 2020 04:35 PM PDT

    The Second Richest Bitcoin Address Just Moved $1.1 Billion In Bitcoin For Just $4

    Posted: 06 Aug 2020 02:44 PM PDT

    EOS Ecosystem Dying: BP Collusion, Community Fragmentation, High Costs

    Posted: 06 Aug 2020 01:49 PM PDT

    Ethereum Classic Suffers Second 51% Attack In a Week

    Posted: 06 Aug 2020 04:49 AM PDT

    Reviving Tourism and User Privacy Via Blockchain-Based ID Systems.

    Posted: 06 Aug 2020 11:27 PM PDT

    The co-founders of the Status Network, which raised $100 million in an ICO, can’t be located.

    Posted: 06 Aug 2020 11:55 AM PDT

    Let's set the record straight right here on the bullshit cryptos.

    Posted: 06 Aug 2020 08:33 PM PDT

    2017/18ish it was.

    I was ranting about bullshit forks. Bcash(bullshit cash), Bullshit Gold, and Bullshit diamond.

    Fast forward a few years later, and most of that bullshit is universally now considered bullshit. now it appears another bullshit fork emerged from the bullsbit.

    BSV. Which is really Bullshit "Super version"

    Let me ask something. To the people buying this story. Are you tarted?

    You Mean to tell me that and rich guy or group for people with a few million dollars in the pool can just CREATE a fork by altering a few things, dump a few million into 1000s of basic websites shilling it, ads on CMC, and pay 1000 people in India, 1000 people on China, 1000 people in Malaysia, 1000 PEOPle in the Philippines 50 cents for each one shill post and share . That costs $2000 a day. So you can pay hundreds of thousands to shill the crap out of a fork.

    And it will just BLOW up after you Hear a bunch of tuber video shills to tell you how amazing these people are.

    These teams don't care... They care about money only. Very few care more about you than the money.

    It's bullshit. Why is bullshit better than really true decentralized completed projects such as networks like APPC with 100s of millions of users?

    Sooner or later this is going to catch up and these forks will tank like the economy is.

    Stick to real cryptos. There's a few good ones out there. But mostly greed .

    submitted by /u/JuicySpark
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    When Binance is being savage

    Posted: 06 Aug 2020 06:52 AM PDT

    Secret Tokens: Programmable Privacy for DeFi

    Posted: 06 Aug 2020 12:41 PM PDT
    Read more
    at

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