Saturday, October 20, 2018

[Daily Discussion] Sunday, October 21, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

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Join the Winner's Circle and be a winner!

Club Name: Winner's Circle

Club ID#: 579170

Union: Yes one of the largest unions

Primary Region: US

Withdrawal/Deposit Info: Multiple payment options (PayPal, Zelle, Bitcoin, etc...)

NLH, PLO, 5 card PLO, Open-Face Chinese running daily. We run everything from micro to high stakes 24/7 with over a 5000 player pool.

Surprise events held like Freerolls

Message me with questions.

Contact me once you sign up, because you want to be part of THE WINNER'S CIRCLE.

EDIT: Getting a lot of responses. If you want to become a member, please join the club first and then send me a message with your username so we can assign you an agent and discuss funding and details from there.


24/7 Action in the Winner's Circle!

Club Name: Winner's Circle

Club ID#: 579170

Union: Yes one of the largest unions

Primary Region: US

Withdrawal/Deposit Info: Multiple payment options (PayPal, Zelle, Bitcoin, etc...)

NLH, PLO, 5 card PLO, Open-Face Chinese running daily. We run everything from micro to high stakes 24/7 with over a 5000 player pool.

Occasional surprise events like freerolls

Message me with questions.

Contact me once you sign up, because you want to be part of THE WINNER'S CIRCLE.


[Daily Discussion] Sunday, October 21, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

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[uncensored-r/BitcoinMarkets] Scam Projects Becoming Easier to Spot

The following post by CoKBrian is being replicated because some comments within the post(but not the post itself) have been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ BitcoinMarkets/comments/9pt7n1

The original post's content was as follows:


https://thenews.asia/en/2018/10/20/fuel-for-the-fire/

In April of 2018 a small, US-based project Fidelium hosted a small meetup in Seoul at a popular,  intimate venue. The room was filled with people eager to hear about a project that promised to consolidate KYC hurdles. The cozy setting was healthy for group interaction. The founders promised to burn unsold tokens, generally an indicator of great returns. Following the meetup, rumors spread of suspicious wallet activity. The Fidelium team contacted a seasoned investor in Seoul to help them offload their unsold tokens then exit the market. The investor immediately blew the whistle on their scheme. Exit scams are technically not a crime.

I can't believe those Fidelium guys actually thought they would get away with it.


[Daily Discussion] Sunday, October 21, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
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  • Do not make posts outside of the daily thread for the topics mentioned above.

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[Daily Discussion] Sunday, October 21, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
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Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

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[Daily Discussion] Sunday, October 21, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
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[Altcoin Discussion] Sunday, October 21, 2018

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

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  • Be excellent to each other.
  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
  • No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

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Daily Discussion Thread - Major Announcement/News/Developments Found Here (Updated Daily!) - October 21, 2018

Hello and welcome to the /r/helloicon subreddit! Please use this daily thread to discuss ICON/ICX related issues, ask questions, make suggestions, or voice your concerns. If your submission is simply a quick question or statement, let's do our best to keep the posts on the daily/weekly discussion thread to avoid cluttering any important information the subreddit.

If you're new here, please check out the following announcements links or refer to the sidebar for rules and FAQ before making a post.

ICON is a community-oriented project, so let's keep that in mind and focus on creating a welcoming and engaging subreddit environment. Remember to follow the subreddit rules and guidelines. Any personal attacks, bigotry, and harassment will not be tolerated and will result in a ban. Spammers will be banned and blacklisted.

Let's focus on the positives and help make this subreddit a more connected community that shows respect and understanding for each other. There will be new users to the community, so if their questions comes from a good place, help each other out so we can be a community that is warm and welcoming to people who are interested in the ICON project.

Major Announcements & Updates:



Remember the ICON team will NEVER ask for your ICX/ETH/BTC or individual private keys!


[Daily Discussion] Sunday, October 21, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

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[Daily Discussion] Sunday, October 21, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
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MIXIN DOMAIN AND MIXIN DOMAIN EXTENSION

MIXIN DOMAIN

The Mixin ecosystem operates through a Mixin open key that is first created to interface with space, and after that, a benefit particular open key (i.e a Bitcoin open key) is delivered to associate the advantage for the Mixin Kernel. In the event that somebody needs to send assets from their Bitcoin wallet to the Mixin organize, space will make an exchange to the Mixin public key, and the Mixin kernel will confirm the exchange

MIXIN DOMAIN EXTENSION

The Mixin area augmentations empower clients to set up ‘keen contracts’ from a solitary computational unit (i.e your workstation or iPhone). These insightful contracts are replete with higher execution and are stronger than those proffered on the Ethereum blockchain.

https://mixin.one/


[Daily Discussion] Sunday, October 21, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Saturday, October 20, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Saturday, October 20, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Saturday, October 20, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


BE AWARE! AN AVALANCHE OF STOCKBROKERS IS ABOUT TO HAPPEN! A NEW COMMISSION-FREE CRYPTO FUTURES MARKET IS ABOUT TO BE LAUNCHED, LET'S MEET DIGITEX

<div class="text-justify">

<div class="text-center"> <img src="https://cdn.steemitimages.com/DQmPihUNma6ZnYf4SXBC7fCEstRhCuPbp9hYYrVHFHDzktM/Digitex_futures.jpg"><br><sub><i><a href="https://digitexfutures.com/">Source</a></i></sub></div>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="pull-right"> <img src="https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/08/cboe-vaneck-solidx-bitcoin-etf-approval-august-10-696x449.jpg"><br><div class="text-center"><sub><i><a href="https://bitcoinexchangeguide.com/cboe-vaneck-solidx-bitcoin-etf-approval-near-certainty/">Source</a></i></sub></div></div>

<p> Crypto has been struggling to get accepted into formal financial markets recently, <a href="https://www.cnbc.com/2018/08/22/sec-rejects-bitcoin-etfs.html">Bitcoin ETF proposals have been rejected by the SEC</a> one after the other. The SEC argues that its main concerns are market price manipulation, security issues on the crypto exchanges, low liquidity and mall relative size of the crypto market. </p>

<p> While it might get some more time to develop more reliable tools on the crypto ecosystem and have SEC approves bitcoin ETF. It is well known that strong future markets help to stabilize volatile prices of many assets such as commodities. Futures markets have to be incentivized to grow further and bring more overall reliability to the crypto ecosystem. </p>

<p> Foreseeing this opportunity, a experimented pit-trader from the London International Financial & Options Exchange <a href="https://en.wikipedia.org/wiki/London_International_Financial_Futures_and_Options_Exchange">(LIFFE)</a> has inspired a crafty team to create the perfect opportunity for crypto futures markets ultimate expansion an growth. They create a concept that will change the current paradigm of crypto futures market. <b>They have created <a href="https://digitexfutures.com/">Digitex</a>, the first commission-free futures exchange.</b> </p>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2>Why futures markets are such a big deal?</h2></div>

<p> Futures markets are one of the most important tools for stabilizing volatile markets. Its relevance for the crypto ecosystem lies in three factors:

<ul> <li>Futures markets give traders the opportunity to trade prices without the risk of transferring, storing, and paying in full for the underlying instrument on whose price they are trading.</li><br>

<div class="pull-right"> <img src="https://customsnews.vn/stores/news_dataimages/trananh/102017/03/14/4838_ckVLBV.jpg"><br><div class="text-center"><sub><i><a href="https://customsnews.vn/how-is-the-derivatives-market-monitored-4765.html">Source</a></i></sub></div></div>

<li>The crypto market size is roughly <a href="https://cryptolization.com/">$200 billion</a> at the time of writing this article while the derivatives market size is estimated to be <a href="https://www.investopedia.com/ask/answers/052715/how-big-derivatives-market.asp">$1.2 quadrillion</a> on the high end... those are just to many zeros at the right end of the figure. Since futures are part of the derivatives market, it is quite straightforward why we all should be praying for solid, secure, and growing crypto futures platforms.</li><br> <li>The higher the capital vested on crypto, the more guarantees investors will want to have within the ecosystem. A fully-fledged traditional-like financial platform such as futures markets will increase the trust of the investor on the crypto ecosystem.</li> </ul> </p>

But despite its great benefits and low costs, futures market's fees are still too much of a burden for high volume, low profit, margin futures trading strategies. This situation hinders futures market liquidity and turns possible profitable strategies into losing ones after commissions are charged.

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2><a href="https://digitexfutures.com/">Digitex</a> gamechanger commission-free scheme</h2></div>

<div class="pull-left"> <img src="https://virtualcommercial.co.uk/imgBlog/152949002328022759_ml-inv.png"><br><div class="text-center"><sub><i><a href="https://virtualcommercial.co.uk/blog/do-commission-free-commercial-estate-agents-work">Source</a></i></sub></div></div>

<p> <a href="https://digitexfutures.com/">Digitex</a> will create an Ethereum based token, it will be called DGTX. It will be used to denominate all profits, losses, margin requirements and account balances. Therefore, any trader that wants to participate in the commission-free trading environment of <a href="https://digitexfutures.com/">Digitex</a> should own DGTX, thus a great demand is expected from the traders willing to join this unique opportunity. </p>

<p><div class="phishy">Having read this much a question yet remain unanswered, how is it possible for an exchange to operate without charging fees? How does it sustain itself?</div><br>

<div class="pull-right"> <img src="https://i.redd.it/9ut7p38jyvvx.jpg"><br><div class="text-center"><sub><i><a href="https://www.reddit.com/r/Bitcoin/comments/5bcv3t/bitcoin_genie_is_out_of_the_bottle/">Source</a></i></sub></div></div>

<b>At this point is when the genie came out of the lamp.</b> Instead of charging fees on traders that bring liquidity to the futures market, <a href="https://digitexfutures.com/">Digitex</a> revenue model imposes a small inflationary cost on all token holders that will be widely outweighed with the high demand that the DGTX token will have. Even better, <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> will leverage onto the trustless security system of the Ethereum Blockchain to guard account balances. An Ethereum smart contract will hold all account balances, <a href="https://digitexfutures.com/">Digitex</a> will inform the Smart Contract about each trader outstanding <a href="https://www.investopedia.com/terms/m/margin_loan_availability.asp">margin liabilities</a> and profit/losses balance. </p>

<p>In a nutshell, <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> will not hold any physical data about traders balance nor it will hold any private key from users. Thus, malicious actors have little to no incentives to attack the <a href="https://digitexfutures.com/">Digitex</a>. </p>

<h3>The icing on the cake. DGTX holders will be the ones who decide DGTX minting rates</h3>

<p> DGTX token issuance will be democratically decided by the DGTX holders through a mechanism leveraged on the Blockchain, this will readily enforce a healthy DGTX token inflation rate, aligning the interest of the DGTX holders with the interest of the <a href="https://digitexfutures.com/">Digitex Futures Exchange.</a> </p>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2>Futures traders' commission-free Utopia, a dream that became true</h2></div>

<p> By creating an ERC-223 token on the Ethereum Blockchain, and by using it as the native currency of the <a href="https://digitexfutures.com/">Digitex Futures Exchange</a>, traders will be to enjoy more freedom than ever with a operating scheme that allows them to implement whatever trading strategy they desire without fees-related limitations. </p>

<div class="pull-right"> <img src="https://www.quicknews-africa.net/wp-content/uploads/2017/07/bullish-chart.jpg"><br><div class="text-center"><sub><i><a href="https://www.quicknews-africa.net/experts-foresee-sustained-stock-market-bullish-trend-week/">Source</a></i></sub></div></div>

<p> This new high liquid market will attract many traders that must buy DGTX token to cover the margin requirements to open trades. Thus, the inflationary pressure will be more than matched with the high demand for DGTX tokens. Besides, the first two years there will be no issuance of DGTX tokens since all operative cost will be covered through the DGTX ICO. Skeptical traders will have more than plenty time to watch the performance of the <a href="https://digitexfutures.com/">Digitex Futures Exchange</a>, but traders will have to keep in mind that <i>the early bird gets the worm.</i> </p>

<p> According to <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> projections, in early 2021 the first issuance of DGTX tokens will occur. Traders will vote to decide how many tokens will be minted to cover for software development, servers, staff, premises, marketing, support, and other related costs to keep the platform fully operational. They will do so through a Blockchain-based, Decentralized, Governance Mechanism that will allow DGTX holders to vote with a 1-DGTX/1-vote ratio. </p>

<h1>If you have had enough and don't want to waste more time to join this project, <a href="https://digitexfutures.com/get-early-access/">go here and get early access</a>. If not keep reading that it just gets better</h1>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2>DGTX token details</h2></div>

<p> Since all profits and losses are denominated in DGTX tokens, each trader have to own enough DGTX to cover his potential losses because the <a href="https://www.investopedia.com/terms/t/tick.asp">tick value</a> of each <a href="https://digitexfutures.com/">Digitex</a> futures contract is one DGTX token. </p>

<p> The owner of DGTX tokens can engage in the buying and selling of liquid futures on the price of the Bitcoin against the USD, Ethereum against the USD, and Litecoin against the USD. Due to the commission-free framework of <a href="https://digitexfutures.com/">Digitex</a>, the more active the trader is, the higher the intrinsic value of each DGTX token he has because he is saving the commissions than any other platform would have charged on him for doing the exact same trade. </p>

<p> <b>Let's summarize the key aspects of the DGTX token</b>

<table> <tr> <td>DGTX will be the native currency of <a href="https://digitexfutures.com/">Digitex</a></td> <td>The tick value of each <a href="https://digitexfutures.com/">Digitex</a> futures is one DGTX</td> </tr>

<tr> <td>Traders' margin requirements will be covered with their DGTX</td> <td>Account balances are denominated in DGTX tokens</td> </tr>

<tr> <td>DGTX minting will cover for <a href="https://digitexfutures.com/">Digitex</a> operational costs</td> <td>The initial supply will be 1 billion of DGTX tokens. The funds risen in the ICO will cover the costs of <a href="https://digitexfutures.com/">Digitex</a> for the first 2 years of operation.</td> </tr>

<tr> <td>Integration with <a href="https://airswap.io/">swap.tech</a> ,<a href="https://0xproject.com/">0xproject</a>, and <a href="http://www.bancor.com/">bancor.com</a> enables free tradeability of DGTX with BTC, ETH, and other major Cryptocurrencies</td> <td>Traders can eliminate DGTX price risk thanks to DGTX peg system.</td> </tr> </table> </p>

<h3>Price risk is no longer a burden for traders thanks to DGTX peg system</h3>

<p> <a href="https://www.investopedia.com/trading/hedging-beginners-guide/">Hedging</a> is a basic strategy in stock markets to protect portfolios and reduce the negative effects that negative market movements may have on traders investments. Traders that hedge risk on their physical holdings of the underlying instrument (Bitcoin, Ethereum, or any other cryptocurrency) cannot tolerate DGTX token's price affecting their positions.</p>

<div class="pull-right"> <img src="https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/06/Stablecoins-Guide-696x449.jpg"><br><div class="text-center"><sub><i><a href="https://bitcoinexchangeguide.com/stablecoins/">Source</a></i></sub></div></div>

<p> To protect traders from DGTX price volatility, <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> has futures contracts on the price of DGTX that allows traders to lock in their tokens and sell them at current market prices. This great tool allows traders to keep possession of their DGTX tokens to cover their margins and keep trading on the <a href="https://digitexfutures.com/">Digitex</a> futures market. The downside of this strategy is that traders will not earn the profit if the DGTX rises because of the tokens being locked at a lower price. </p>

<p> As with any other future contract, the trader has to deposit a margin payment in the currency to which he is pegging the value of DGTX to cover his potential loses on the trade. Because the trader is protecting himself against DGTX price risk, another currency has to be employed to cover margin payments. ETH deposits are handled into an independent account balance smart contract and BTC deposits are converted into <a href="https://www.rsk.co/">RSK</a> and deposited into a separated Account Balance Smart Contract (RSK is a Turing complete sidechain of the bitcoin network). </p>

<h3>DGTX token availability</h3>

<p> If DGTX token will be the fuel of a high volume and very liquid futures market, it has to be readily available and as frictionless as possible. Some traders may be happy to hold DGTX for the long term, but most traders will buy DGTX tokens only when needed and convert them back to other cryptocurrencies as soon as their positions are closed. </p>

<div class="pull-left"> <img src="https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/0xProject-v2-Launches-Marking-a-Huge-Milestone-for-the-Community-696x449.jpg"><br><div class="text-center"><sub><i><a href="https://bitcoinexchangeguide.com/0xproject-v2-launches-marking-a-huge-milestone-for-the-community/">Source</a></i></sub></div></div>

<p> To properly address this situation, <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> will integrate <a href="https://0xproject.com/">0xproject</a> into its platform. Besides, 20% of the proceeds from token sales will be used to create a liquid market of DGTX tokens to ensure that a enough offers can sustain the expected high bid levels. </p>

<p> Traders on the <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> are expected to buy DGTX at the start of each trading session, use the DGTX peg-system to lock in their sale price and convert them into the original cryptocurrency a few hours later when the trading session ends. This workflow will ensure a massive volume of DGTX traffic that will benefit greatly in the long term. </p>

<h3>DGTX token supply and distribution</h3>

<ul> <li><b>650M (65%) DGTX tokens were sold in January 2018: <a href="https://blog.digitexfutures.com/digitex-futures/7-awesome-facts-digitex-futures/">THEY SOLD ALL THE SUPPLY IN JUST 17 MINUTES</a></b></li><br> <li><b><a href="https://digitexfutures.com/">Digitex</a> market makers have 200M (20%) DGTX</b> are bots that uses sophisticated algorithms to create liquid futures markets with tigh offer and bid spreads, even in volatile market conditions.</li><br> <li><b>100M (10%) DGTX will be paid to the founding team.</b> These tokens will be vested until 1 year past the first revenue generation token creation event (2021).This will incentivize the team to create a solid and ever-growing business model that creates demand for DGTX tokens.</li><br> <li><b>50M (5%) DGTX will be allocated into a referrals program.</b></li> </ul>

<h3>DGTX token issuance model and price projections</h3>

<p> DGTX token creation events will occur via a fully auditable Smart Contract, a transparent review of DGTX token supply and event creations will be always available. <a href="https://digitexfutures.com/">Digitex</a> team build price projections over these basic assumptions:

<blockquote> <ul> <li>2% of traders are whales who buy a total of $150,000 USD worth of DGTX tokens over a 2 year period.</li> <li>10% of traders are medium-sized traders who buy a total of $15,000 uSD worth od DGTX tokens over a 2 year period</li> <li>88% of traders are small traders who buy a total of $1,500 USD worth od DGTX tokens over a 2 year period</li> </ul> <sub><i>Quotation source: <a href="https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf">Digitex white paper page 7-8</a></i></sub> </blockquote> </p>

<img src="https://files.steempeak.com/file/steempeak/joelsegovia/UnkUL6ul-DGTX_price_projections.png"><br><sub><i><a href="https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf">Source: Digitex white paper page 8</a></i></sub>

<p> This is an oversimplified model that doesn't take into account the overall trend in the crypto market. If the market turns bullish the rise in DGTX prices will be more than expected, but if the market is too bearish, the expectations may not be fulfilled even if the right number of traders is reached. Despite all that, the general trend can be depicted in this chart. Moreover, taking into account that BTC has lost more than <a href="https://www.ccn.com/2014-vs-2018-bitcoin-price-correction-this-year-will-likely-be-significantly-shorter/">60%</a> of his value in 2018, DGTX stands as the 3rd bigger gainer according to coinmarketcap. You can tell from the graph below that investors are excited about the approaching kickstart date.<br>

<img src="https://files.steempeak.com/file/steempeak/joelsegovia/LLRtwqWH-DGTX_coinmarketcap.png"><br><sub><i><a href="https://coinmarketcap.com/currencies/digitex-futures/">Source: Coinmarketcap</a></i></sub> </p>

<h3>DGTX token inflation projections</h3>

<p> After January 2021, the next 12 months of the operational cost will be covered through the minting of new DGTX tokens. Here we can see a table with the expected effect of the inflation on the value of each DGTX token:<br>

<img src="https://files.steempeak.com/file/steempeak/joelsegovia/yPApcGQE-DGTX_inflations_projections.png"><br><sub><i><a href="https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf">Source: Digitex white paper page 9</a></i></sub><br> <div class="pull-left"><img src="https://cdn.steemitimages.com/DQmY6WYKYARvqWpoKUHKc1Ex2AVe6NVYoX4pwYHfZX8PGZ4/1.gif"></div> The worst case scenario guarantees that if only 1,000 new trader registers during the first 2 years and DGTX price remain stagnant, only 5% of inflation is required to maintain the operational costs for the next 12 months. The effect of 5% inflation over the 0.02% price is negligible. Also, if the best case scenario is met, only 2.3% of inflation will be required to sustain the platform and its effect on the project price will be only of 1 cent per DGTX token. If the project reaches this stage, securing 12 months of development and more marketing will attract thousands more of traders that will increase the demand for DGTX outweighing the inflationary cost of creating that demand. You can tell that their projections might have been too conservative, in September 2018 we got an announcement about their <a href="https://blog.digitexfutures.com/digitex-futures/digitex-futures-early-access-waitlist/">waitlist reaching 100K signups</a>...no wonder why their CEO seems so happy.

</p>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2><a href="https://digitexfutures.com/">Digitex</a> hybrid trustless futures trade platform</h2></div>

<p> <a href="https://digitexfutures.com/">Digitex</a> have adopted a smart combination of the best features obtained with centralized matching engines and trustless, decentralized Smart Contracts to held account balances. In the wild future trading pits, each second matters, thus its mandatory to have a system with the smallest latency levels. Also, privacy is required to prevent frontrunners to exploit big orders. Many other desirable characteristics aren't yet available onto on-chain platforms and are only reached on centralized dedicated servers such as margin trading tools, scalability, and high privacy. Therefore, a hybrid model that covers current on-chain shortcomings and have none of the centralized ill-practicing is the smartest approach to leverage this new business model. </p>

<h3><a href="https://digitexfutures.com/">Digitex</a>. The oracle for the account balance smart contract</h3>

<div class="pull-right"> <img src="https://www.cbronline.com/wp-content/uploads/2018/02/blockchain-consensus-1.jpg"><br><div class="text-center"><sub><i><a href="https://www.cbronline.com/news/oracle-launches-blockchain">Source</a></i></sub></div></div>

<p> <a href="https://digitexfutures.com/">Digitex</a> acts as an Oracle that updates the decentralized Smart Contract that holds traders' account balances. When a trader requests a withdrawal of DGTX tokens, the Smart Contract requests an update to <a href="https://digitexfutures.com/">Digitex</a> about the trader's profit and losses, as well as his current margin liabilities on his current matched and unmatched orders. Thus, the Smart Contract can update its available withdraw balance for that trader. </p>

<p> The potential attack vector from the communication of the exchange with the Smart Contract will be prevented by calculating from scratch traders' profit and loss from their matched trades whenever the smart contract asks for an update to a trader's account balance. Thus, a hacker who has somehow gained access to the exchange, will not be able to create the fake matched trades (which needs a counter-party and timestamps) and alter the account's balance of any trader. </p>

<h3>How is this hybrid model more beneficial for traders activity</h3>

<p> <a href="https://digitexfutures.com/">Digitex</a> is unable to freeze or to seize any trader's fund for whatever reason. Pressure from outside authorities, KYC/AML regulators cannot enforce any legal action against the exchange since it actually can't reach trader's funds. Also, <a href="https://digitexfutures.com/">Digitex</a> doesn't have access to the private keys of any trader, thus trader's funds cannot be accessed or mismanaged for the exchange. </p>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2>Final Thoughts</h2></div>

<p> <a href="https://digitexfutures.com/">Digitex</a> benefits are of great significance for everyday traders, a commission-free platform will be a substantial improvement on the profit earned in many portfolios. Also, decentralized account balances and the centralized matching engine provides the best of the decentralized blockchain security and the centralized services reliability. The expected latency time for order matching is within the millisecond's scale, also, full privacy and no front-running is expected. </p>

<p> From the traders business perspective, <a href="https://digitexfutures.com/">Digitex</a> single tick trading strategies are available for the first time within the crypto ecosystem, this parallel with the market makers will greatly boost market liquidity. </p>

<h3>A Steemit blogger use case</h3>

<p> From the starting date of the Steemit platform, some bloggers have earned $100K worth of crypto. They have been really excited about crypto for two years, and they think it is time to jump in the futures market. They search for traditional options like BitMEX, GDAX, CryptoFacilities, and some others, but they discourage themselves when they discover that the high volume low margin strategy they have been carefully studied for the last two years is unpracticable on the traditional platforms. </p>

<p> They are frustrated and return to read some posts on Steemit while scrolling the trending page they read about a new futures market platform on a post of the well-known @originalworks account, they read some of the best entries of the weekly contest and they can't stop the big smile that is printed on their faces. Right from the very same source of their first crypto assets, also they get the tool that will provide them the opportunity for testing all the knowledge gathered for the last 2 years. With <a href="https://digitexfutures.com/">Digitex</a> they will enter the world of derivatives and start their venture as crypto traders. </p>

<div class="text-center"><h2>Additional Information about the project</h2></div>

<h3>Here is <a href="https://digitexfutures.com/">Digitex</a> Roadmap</h3>

<img src="https://cdn.steemitimages.com/DQmW8xcxw2DUedQv8uN8AAr5wC8YkHCYR85XHGDiKxNvg16/roadmap.png">

<h3>Meet <a href="https://digitexfutures.com/">Digitex</a> team</h3>

<img src="https://cdn.steemitimages.com/DQmTixUgPncQpbbC1vf5s4Rd9kiDNEwwtt8apAazRG2xMV2/tramd.png">

<h3>Watch the <a href="https://digitexfutures.com/">Digitex</a> exchange on action with their CEO Adam Todd</h3>

https://youtu.be/qxqyspMiPGg

<h3>Are you excited with the project and want even more information? Visit their social media channels</h3>

<div class="pull-right"><img src="https://cdn.steemitimages.com/200x200/https://cdn.steemitimages.com/DQmYiveMH3iBKKetgDXq22upnzGGkPPrTtRuKoWKJGyu8Ty/Digitex_Logo_LG.png"><br><div class="text-center"><sub><i><a href="">Source</a></i></sub></div> </div>

<ul> <li><a href="https://digitexfutures.com/">Digitex Website</a></li> <li><a href="https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf">Digitex WhitePaper</a></li> <li><a href="https://t.me/digitexfutureschat">Digitex Telegram</a></li> <li><a href="https://www.reddit.com/r/DigitexFutures/">Digitex Reddit </a></li> <li><a href="https://twitter.com/digitexfutures">Digitex Twitter</a></li> <li><a href="https://blog.digitexfutures.com/">Digitex Blog</a></li> <li><a href="https://youtube.com/channel/UCjY3JG9agHi2ePDTm6sJysw">Digitex Youtube</a></li> <li><a href="https://www.facebook.com/DigitexFutures/">Digitex Facebook</a></li> </ul>

<hr><hr>

Hope you have enjoyed the reading. Keep in touch for more information about great crypto projects.

Ethereum address: 0x0ebcB37223F07B1Bd0765E70f940046D504743a5 Steemit account: https://steemit.com/@joelsegovia

</div>



[Daily Discussion] Saturday, October 20, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


BE AWARE! AN AVALANCHE OF STOCKBROKERS IS ABOUT TO HAPPEN! A NEW COMMISSION-FREE CRYPTO FUTURES MARKET IS ABOUT TO BE LAUNCHED, LET'S MEET DIGITEX

<div class="text-justify">

<div class="text-center"> <img src="https://cdn.steemitimages.com/DQmPihUNma6ZnYf4SXBC7fCEstRhCuPbp9hYYrVHFHDzktM/Digitex_futures.jpg"><br><sub><i><a href="https://digitexfutures.com/">Source</a></i></sub></div>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="pull-right"> <img src="https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/08/cboe-vaneck-solidx-bitcoin-etf-approval-august-10-696x449.jpg"><br><div class="text-center"><sub><i><a href="https://bitcoinexchangeguide.com/cboe-vaneck-solidx-bitcoin-etf-approval-near-certainty/">Source</a></i></sub></div></div>

<p> Crypto has been struggling to get accepted into formal financial markets recently, <a href="https://www.cnbc.com/2018/08/22/sec-rejects-bitcoin-etfs.html">Bitcoin ETF proposals have been rejected by the SEC</a> one after the other. The SEC argues that its main concerns are market price manipulation, security issues on the crypto exchanges, low liquidity and mall relative size of the crypto market. </p>

<p> While it might get some more time to develop more reliable tools on the crypto ecosystem and have SEC approves bitcoin ETF. It is well known that strong future markets help to stabilize volatile prices of many assets such as commodities. Futures markets have to be incentivized to grow further and bring more overall reliability to the crypto ecosystem. </p>

<p> Foreseeing this opportunity, a experimented pit-trader from the London International Financial & Options Exchange <a href="https://en.wikipedia.org/wiki/London_International_Financial_Futures_and_Options_Exchange">(LIFFE)</a> has inspired a crafty team to create the perfect opportunity for crypto futures markets ultimate expansion an growth. They create a concept that will change the current paradigm of crypto futures market. <b>They have created <a href="https://digitexfutures.com/">Digitex</a>, the first commission-free futures exchange.</b> </p>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2>Why futures markets are such a big deal?</h2></div>

<p> Futures markets are one of the most important tools for stabilizing volatile markets. Its relevance for the crypto ecosystem lies in three factors:

<ul> <li>Futures markets give traders the opportunity to trade prices without the risk of transferring, storing, and paying in full for the underlying instrument on whose price they are trading.</li><br>

<div class="pull-right"> <img src="https://customsnews.vn/stores/news_dataimages/trananh/102017/03/14/4838_ckVLBV.jpg"><br><div class="text-center"><sub><i><a href="https://customsnews.vn/how-is-the-derivatives-market-monitored-4765.html">Source</a></i></sub></div></div>

<li>The crypto market size is roughly <a href="https://cryptolization.com/">$200 billion</a> at the time of writing this article while the derivatives market size is estimated to be <a href="https://www.investopedia.com/ask/answers/052715/how-big-derivatives-market.asp">$1.2 quadrillion</a> on the high end... those are just to many zeros at the right end of the figure. Since futures are part of the derivatives market, it is quite straightforward why we all should be praying for solid, secure, and growing crypto futures platforms.</li><br> <li>The higher the capital vested on crypto, the more guarantees investors will want to have within the ecosystem. A fully-fledged traditional-like financial platform such as futures markets will increase the trust of the investor on the crypto ecosystem.</li> </ul> </p>

But despite its great benefits and low costs, futures market's fees are still too much of a burden for high volume, low profit, margin futures trading strategies. This situation hinders futures market liquidity and turns possible profitable strategies into losing ones after commissions are charged.

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2><a href="https://digitexfutures.com/">Digitex</a> gamechanger commission-free scheme</h2></div>

<div class="pull-left"> <img src="https://virtualcommercial.co.uk/imgBlog/152949002328022759_ml-inv.png"><br><div class="text-center"><sub><i><a href="https://virtualcommercial.co.uk/blog/do-commission-free-commercial-estate-agents-work">Source</a></i></sub></div></div>

<p> <a href="https://digitexfutures.com/">Digitex</a> will create an Ethereum based token, it will be called DGTX. It will be used to denominate all profits, losses, margin requirements and account balances. Therefore, any trader that wants to participate in the commission-free trading environment of <a href="https://digitexfutures.com/">Digitex</a> should own DGTX, thus a great demand is expected from the traders willing to join this unique opportunity. </p>

<p><div class="phishy">Having read this much a question yet remain unanswered, how is it possible for an exchange to operate without charging fees? How does it sustain itself?</div><br>

<div class="pull-right"> <img src="https://i.redd.it/9ut7p38jyvvx.jpg"><br><div class="text-center"><sub><i><a href="https://www.reddit.com/r/Bitcoin/comments/5bcv3t/bitcoin_genie_is_out_of_the_bottle/">Source</a></i></sub></div></div>

<b>At this point is when the genie came out of the lamp.</b> Instead of charging fees on traders that bring liquidity to the futures market, <a href="https://digitexfutures.com/">Digitex</a> revenue model imposes a small inflationary cost on all token holders that will be widely outweighed with the high demand that the DGTX token will have. Even better, <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> will leverage onto the trustless security system of the Ethereum Blockchain to guard account balances. An Ethereum smart contract will hold all account balances, <a href="https://digitexfutures.com/">Digitex</a> will inform the Smart Contract about each trader outstanding <a href="https://www.investopedia.com/terms/m/margin_loan_availability.asp">margin liabilities</a> and profit/losses balance. </p>

<p>In a nutshell, <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> will not hold any physical data about traders balance nor it will hold any private key from users. Thus, malicious actors have little to no incentives to attack the <a href="https://digitexfutures.com/">Digitex</a>. </p>

<h3>The icing on the cake. DGTX holders will be the ones who decide DGTX minting rates</h3>

<p> DGTX token issuance will be democratically decided by the DGTX holders through a mechanism leveraged on the Blockchain, this will readily enforce a healthy DGTX token inflation rate, aligning the interest of the DGTX holders with the interest of the <a href="https://digitexfutures.com/">Digitex Futures Exchange.</a> </p>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2>Futures traders' commission-free Utopia, a dream that became true</h2></div>

<p> By creating an ERC-223 token on the Ethereum Blockchain, and by using it as the native currency of the <a href="https://digitexfutures.com/">Digitex Futures Exchange</a>, traders will be to enjoy more freedom than ever with a operating scheme that allows them to implement whatever trading strategy they desire without fees-related limitations. </p>

<div class="pull-right"> <img src="https://www.quicknews-africa.net/wp-content/uploads/2017/07/bullish-chart.jpg"><br><div class="text-center"><sub><i><a href="https://www.quicknews-africa.net/experts-foresee-sustained-stock-market-bullish-trend-week/">Source</a></i></sub></div></div>

<p> This new high liquid market will attract many traders that must buy DGTX token to cover the margin requirements to open trades. Thus, the inflationary pressure will be more than matched with the high demand for DGTX tokens. Besides, the first two years there will be no issuance of DGTX tokens since all operative cost will be covered through the DGTX ICO. Skeptical traders will have more than plenty time to watch the performance of the <a href="https://digitexfutures.com/">Digitex Futures Exchange</a>, but traders will have to keep in mind that <i>the early bird gets the worm.</i> </p>

<p> According to <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> projections, in early 2021 the first issuance of DGTX tokens will occur. Traders will vote to decide how many tokens will be minted to cover for software development, servers, staff, premises, marketing, support, and other related costs to keep the platform fully operational. They will do so through a Blockchain-based, Decentralized, Governance Mechanism that will allow DGTX holders to vote with a 1-DGTX/1-vote ratio. </p>

<h1>If you have had enough and don't want to waste more time to join this project, <a href="https://digitexfutures.com/get-early-access/">go here and get early access</a>. If not keep reading that it just gets better</h1>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2>DGTX token details</h2></div>

<p> Since all profits and losses are denominated in DGTX tokens, each trader have to own enough DGTX to cover his potential losses because the <a href="https://www.investopedia.com/terms/t/tick.asp">tick value</a> of each <a href="https://digitexfutures.com/">Digitex</a> futures contract is one DGTX token. </p>

<p> The owner of DGTX tokens can engage in the buying and selling of liquid futures on the price of the Bitcoin against the USD, Ethereum against the USD, and Litecoin against the USD. Due to the commission-free framework of <a href="https://digitexfutures.com/">Digitex</a>, the more active the trader is, the higher the intrinsic value of each DGTX token he has because he is saving the commissions than any other platform would have charged on him for doing the exact same trade. </p>

<p> <b>Let's summarize the key aspects of the DGTX token</b>

<table> <tr> <td>DGTX will be the native currency of <a href="https://digitexfutures.com/">Digitex</a></td> <td>The tick value of each <a href="https://digitexfutures.com/">Digitex</a> futures is one DGTX</td> </tr>

<tr> <td>Traders' margin requirements will be covered with their DGTX</td> <td>Account balances are denominated in DGTX tokens</td> </tr>

<tr> <td>DGTX minting will cover for <a href="https://digitexfutures.com/">Digitex</a> operational costs</td> <td>The initial supply will be 1 billion of DGTX tokens. The funds risen in the ICO will cover the costs of <a href="https://digitexfutures.com/">Digitex</a> for the first 2 years of operation.</td> </tr>

<tr> <td>Integration with <a href="https://airswap.io/">swap.tech</a> ,<a href="https://0xproject.com/">0xproject</a>, and <a href="http://www.bancor.com/">bancor.com</a> enables free tradeability of DGTX with BTC, ETH, and other major Cryptocurrencies</td> <td>Traders can eliminate DGTX price risk thanks to DGTX peg system.</td> </tr> </table> </p>

<h3>Price risk is no longer a burden for traders thanks to DGTX peg system</h3>

<p> <a href="https://www.investopedia.com/trading/hedging-beginners-guide/">Hedging</a> is a basic strategy in stock markets to protect portfolios and reduce the negative effects that negative market movements may have on traders investments. Traders that hedge risk on their physical holdings of the underlying instrument (Bitcoin, Ethereum, or any other cryptocurrency) cannot tolerate DGTX token's price affecting their positions.</p>

<div class="pull-right"> <img src="https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/06/Stablecoins-Guide-696x449.jpg"><br><div class="text-center"><sub><i><a href="https://bitcoinexchangeguide.com/stablecoins/">Source</a></i></sub></div></div>

<p> To protect traders from DGTX price volatility, <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> has futures contracts on the price of DGTX that allows traders to lock in their tokens and sell them at current market prices. This great tool allows traders to keep possession of their DGTX tokens to cover their margins and keep trading on the <a href="https://digitexfutures.com/">Digitex</a> futures market. The downside of this strategy is that traders will not earn the profit if the DGTX rises because of the tokens being locked at a lower price. </p>

<p> As with any other future contract, the trader has to deposit a margin payment in the currency to which he is pegging the value of DGTX to cover his potential loses on the trade. Because the trader is protecting himself against DGTX price risk, another currency has to be employed to cover margin payments. ETH deposits are handled into an independent account balance smart contract and BTC deposits are converted into <a href="https://www.rsk.co/">RSK</a> and deposited into a separated Account Balance Smart Contract (RSK is a Turing complete sidechain of the bitcoin network). </p>

<h3>DGTX token availability</h3>

<p> If DGTX token will be the fuel of a high volume and very liquid futures market, it has to be readily available and as frictionless as possible. Some traders may be happy to hold DGTX for the long term, but most traders will buy DGTX tokens only when needed and convert them back to other cryptocurrencies as soon as their positions are closed. </p>

<div class="pull-left"> <img src="https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/0xProject-v2-Launches-Marking-a-Huge-Milestone-for-the-Community-696x449.jpg"><br><div class="text-center"><sub><i><a href="https://bitcoinexchangeguide.com/0xproject-v2-launches-marking-a-huge-milestone-for-the-community/">Source</a></i></sub></div></div>

<p> To properly address this situation, <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> will integrate <a href="https://0xproject.com/">0xproject</a> into its platform. Besides, 20% of the proceeds from token sales will be used to create a liquid market of DGTX tokens to ensure that a enough offers can sustain the expected high bid levels. </p>

<p> Traders on the <a href="https://digitexfutures.com/">Digitex Futures Exchange</a> are expected to buy DGTX at the start of each trading session, use the DGTX peg-system to lock in their sale price and convert them into the original cryptocurrency a few hours later when the trading session ends. This workflow will ensure a massive volume of DGTX traffic that will benefit greatly in the long term. </p>

<h3>DGTX token supply and distribution</h3>

<ul> <li><b>650M (65%) DGTX tokens were sold in January 2018: <a href="https://blog.digitexfutures.com/digitex-futures/7-awesome-facts-digitex-futures/">THEY SOLD ALL THE SUPPLY IN JUST 17 MINUTES</a></b></li><br> <li><b><a href="https://digitexfutures.com/">Digitex</a> market makers have 200M (20%) DGTX</b> are bots that uses sophisticated algorithms to create liquid futures markets with tigh offer and bid spreads, even in volatile market conditions.</li><br> <li><b>100M (10%) DGTX will be paid to the founding team.</b> These tokens will be vested until 1 year past the first revenue generation token creation event (2021).This will incentivize the team to create a solid and ever-growing business model that creates demand for DGTX tokens.</li><br> <li><b>50M (5%) DGTX will be allocated into a referrals program.</b></li> </ul>

<h3>DGTX token issuance model and price projections</h3>

<p> DGTX token creation events will occur via a fully auditable Smart Contract, a transparent review of DGTX token supply and event creations will be always available. <a href="https://digitexfutures.com/">Digitex</a> team build price projections over these basic assumptions:

<blockquote> <ul> <li>2% of traders are whales who buy a total of $150,000 USD worth of DGTX tokens over a 2 year period.</li> <li>10% of traders are medium-sized traders who buy a total of $15,000 uSD worth od DGTX tokens over a 2 year period</li> <li>88% of traders are small traders who buy a total of $1,500 USD worth od DGTX tokens over a 2 year period</li> </ul> <sub><i>Quotation source: <a href="https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf">Digitex white paper page 7-8</a></i></sub> </blockquote> </p>

<img src="https://files.steempeak.com/file/steempeak/joelsegovia/UnkUL6ul-DGTX_price_projections.png"><br><sub><i><a href="https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf">Source: Digitex white paper page 8</a></i></sub>

<p> This is an oversimplified model that doesn't take into account the overall trend in the crypto market. If the market turns bullish the rise in DGTX prices will be more than expected, but if the market is too bearish, the expectations may not be fulfilled even if the right number of traders is reached. Despite all that, the general trend can be depicted in this chart. Moreover, taking into account that BTC has lost more than <a href="https://www.ccn.com/2014-vs-2018-bitcoin-price-correction-this-year-will-likely-be-significantly-shorter/">60%</a> of his value in 2018, DGTX stands as the 3rd bigger gainer according to coinmarketcap. You can tell from the graph below that investors are excited about the approaching kickstart date.<br>

<img src="https://files.steempeak.com/file/steempeak/joelsegovia/LLRtwqWH-DGTX_coinmarketcap.png"><br><sub><i><a href="https://coinmarketcap.com/currencies/digitex-futures/">Source: Coinmarketcap</a></i></sub> </p>

<h3>DGTX token inflation projections</h3>

<p> After January 2021, the next 12 months of the operational cost will be covered through the minting of new DGTX tokens. Here we can see a table with the expected effect of the inflation on the value of each DGTX token:<br>

<img src="https://files.steempeak.com/file/steempeak/joelsegovia/yPApcGQE-DGTX_inflations_projections.png"><br><sub><i><a href="https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf">Source: Digitex white paper page 9</a></i></sub><br> <div class="pull-left"><img src="https://cdn.steemitimages.com/DQmY6WYKYARvqWpoKUHKc1Ex2AVe6NVYoX4pwYHfZX8PGZ4/1.gif"></div> The worst case scenario guarantees that if only 1,000 new trader registers during the first 2 years and DGTX price remain stagnant, only 5% of inflation is required to maintain the operational costs for the next 12 months. The effect of 5% inflation over the 0.02% price is negligible. Also, if the best case scenario is met, only 2.3% of inflation will be required to sustain the platform and its effect on the project price will be only of 1 cent per DGTX token. If the project reaches this stage, securing 12 months of development and more marketing will attract thousands more of traders that will increase the demand for DGTX outweighing the inflationary cost of creating that demand. You can tell that their projections might have been too conservative, in September 2018 we got an announcement about their <a href="https://blog.digitexfutures.com/digitex-futures/digitex-futures-early-access-waitlist/">waitlist reaching 100K signups</a>...no wonder why their CEO seems so happy.

</p>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2><a href="https://digitexfutures.com/">Digitex</a> hybrid trustless futures trade platform</h2></div>

<p> <a href="https://digitexfutures.com/">Digitex</a> have adopted a smart combination of the best features obtained with centralized matching engines and trustless, decentralized Smart Contracts to held account balances. In the wild future trading pits, each second matters, thus its mandatory to have a system with the smallest latency levels. Also, privacy is required to prevent frontrunners to exploit big orders. Many other desirable characteristics aren't yet available onto on-chain platforms and are only reached on centralized dedicated servers such as margin trading tools, scalability, and high privacy. Therefore, a hybrid model that covers current on-chain shortcomings and have none of the centralized ill-practicing is the smartest approach to leverage this new business model. </p>

<h3><a href="https://digitexfutures.com/">Digitex</a>. The oracle for the account balance smart contract</h3>

<div class="pull-right"> <img src="https://www.cbronline.com/wp-content/uploads/2018/02/blockchain-consensus-1.jpg"><br><div class="text-center"><sub><i><a href="https://www.cbronline.com/news/oracle-launches-blockchain">Source</a></i></sub></div></div>

<p> <a href="https://digitexfutures.com/">Digitex</a> acts as an Oracle that updates the decentralized Smart Contract that holds traders' account balances. When a trader requests a withdrawal of DGTX tokens, the Smart Contract requests an update to <a href="https://digitexfutures.com/">Digitex</a> about the trader's profit and losses, as well as his current margin liabilities on his current matched and unmatched orders. Thus, the Smart Contract can update its available withdraw balance for that trader. </p>

<p> The potential attack vector from the communication of the exchange with the Smart Contract will be prevented by calculating from scratch traders' profit and loss from their matched trades whenever the smart contract asks for an update to a trader's account balance. Thus, a hacker who has somehow gained access to the exchange, will not be able to create the fake matched trades (which needs a counter-party and timestamps) and alter the account's balance of any trader. </p>

<h3>How is this hybrid model more beneficial for traders activity</h3>

<p> <a href="https://digitexfutures.com/">Digitex</a> is unable to freeze or to seize any trader's fund for whatever reason. Pressure from outside authorities, KYC/AML regulators cannot enforce any legal action against the exchange since it actually can't reach trader's funds. Also, <a href="https://digitexfutures.com/">Digitex</a> doesn't have access to the private keys of any trader, thus trader's funds cannot be accessed or mismanaged for the exchange. </p>

<div class="text-center"><img src="https://cdn.steemitimages.com/DQmbd6cAmaDChFdMq3LZX5sjsnihQqi9z1TAm3knnt4Ugac/separador.png"></div>

<div class="text-center"><h2>Final Thoughts</h2></div>

<p> <a href="https://digitexfutures.com/">Digitex</a> benefits are of great significance for everyday traders, a commission-free platform will be a substantial improvement on the profit earned in many portfolios. Also, decentralized account balances and the centralized matching engine provides the best of the decentralized blockchain security and the centralized services reliability. The expected latency time for order matching is within the millisecond's scale, also, full privacy and no front-running is expected. </p>

<p> From the traders business perspective, <a href="https://digitexfutures.com/">Digitex</a> single tick trading strategies are available for the first time within the crypto ecosystem, this parallel with the market makers will greatly boost market liquidity. </p>

<h3>A Steemit blogger use case</h3>

<p> From the starting date of the Steemit platform, some bloggers have earned $100K worth of crypto. They have been really excited about crypto for two years, and they think it is time to jump in the futures market. They search for traditional options like BitMEX, GDAX, CryptoFacilities, and some others, but they discourage themselves when they discover that the high volume low margin strategy they have been carefully studied for the last two years is unpracticable on the traditional platforms. </p>

<p> They are frustrated and return to read some posts on Steemit while scrolling the trending page they read about a new futures market platform on a post of the well-known @originalworks account, they read some of the best entries of the weekly contest and they can't stop the big smile that is printed on their faces. Right from the very same source of their first crypto assets, also they get the tool that will provide them the opportunity for testing all the knowledge gathered for the last 2 years. With <a href="https://digitexfutures.com/">Digitex</a> they will enter the world of derivatives and start their venture as crypto traders. </p>

<div class="text-center"><h2>Additional Information about the project</h2></div>

<h3>Here is <a href="https://digitexfutures.com/">Digitex</a> Roadmap</h3>

<img src="https://cdn.steemitimages.com/DQmW8xcxw2DUedQv8uN8AAr5wC8YkHCYR85XHGDiKxNvg16/roadmap.png">

<h3>Meet <a href="https://digitexfutures.com/">Digitex</a> team</h3>

<img src="https://cdn.steemitimages.com/DQmTixUgPncQpbbC1vf5s4Rd9kiDNEwwtt8apAazRG2xMV2/tramd.png">

<h3>Watch the <a href="https://digitexfutures.com/">Digitex</a> exchange on action with their CEO Adam Todd</h3>

https://youtu.be/qxqyspMiPGg

<h3>Are you excited with the project and want even more information? Visit their social media channels</h3>

<div class="pull-right"><img src="https://cdn.steemitimages.com/200x200/https://cdn.steemitimages.com/DQmYiveMH3iBKKetgDXq22upnzGGkPPrTtRuKoWKJGyu8Ty/Digitex_Logo_LG.png"><br><div class="text-center"><sub><i><a href="">Source</a></i></sub></div> </div>

<ul> <li><a href="https://digitexfutures.com/">Digitex Website</a></li> <li><a href="https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf">Digitex WhitePaper</a></li> <li><a href="https://t.me/digitexfutureschat">Digitex Telegram</a></li> <li><a href="https://www.reddit.com/r/DigitexFutures/">Digitex Reddit </a></li> <li><a href="https://twitter.com/digitexfutures">Digitex Twitter</a></li> <li><a href="https://blog.digitexfutures.com/">Digitex Blog</a></li> <li><a href="https://youtube.com/channel/UCjY3JG9agHi2ePDTm6sJysw">Digitex Youtube</a></li> <li><a href="https://www.facebook.com/DigitexFutures/">Digitex Facebook</a></li> </ul>

<hr><hr>

Hope you have enjoyed the reading. Keep in touch for more information about great crypto projects.

Ethereum address: 0x0ebcB37223F07B1Bd0765E70f940046D504743a5 Steemit account: https://steemit.com/@joelsegovia

</div>


Blockchain & Bitcoin Conference Switzerland : Results of the Large Crypto Event in Geneva

https://switzerland.bc.events/en/article/blockchain-bitcoin-conference-switzerland-results-of-the-large-crypto-event-in-geneva-93631?utm_source=smm_af&utm_medium=link&utm_campaign=19_10

Easy Dark Web Access/Buyers Guide/Market Links/Pro Tips

Starts at http://darknetcannabis.org/and ends at http://darkcannaqvqwkam.onion.

It has tutorials anyone can use to get quick and easy access to the Dark Web and darknet marketplaces (DNMs), including links to the most reputable markets (always double-check your links, though).

It's also a full Darknet Market Buyers Guide that includes all you need to know to have a successful purchasing experience, including:

  • Using Tor to Access the Dark Web
  • Buying Bitcoin
  • Downloading and using Electrum to store your Bitcoin/other crypto
  • How to use PGP encryption for messaging
  • Links to Darknet Marketplaces (include non-cannabis-only markets)
  • Guide to Selecting Markets and Vendors to Use
  • Tips on Keeping Anonymous (OPSEC)
  • Shipping Explained
  • Best Practices to Avoid Scams
  • Essential "Pro Tips" to using the Dark Web and DNMs.
  • And a bunch of other stuff you need to know to safely make any purchases on the Deep Web/Dark Web/darknet

[Note this guide is intended for medical marijuana patients but can be used by anyone trying to access to darknet markets or just the Dark Web in general.]

Again, starts at http://darknetcannabis.org/and ends at http://darkcannaqvqwkam.onion.

Hope this helps!



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