Monday, December 10, 2018

Is the emergence of Bitcoin a financial Black Swan event?

https://bitcoinmagazine-com.cdn.ampproject.org/v/s/bitcoinmagazine.com/articles/bitcoin-black-swan-event-1396661568/amp/?amp_js_v=a2&amp_gsa=1&usqp=mq331AQHCAFYAYABAQ%3D%3D#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fbitcoinmagazine.com%2Farticles%2Fbitcoin-black-swan-event-1396661568%2F

Is the emergence of Bitcoin a financial Black Swan event?

https://bitcoinmagazine-com.cdn.ampproject.org/v/s/bitcoinmagazine.com/articles/bitcoin-black-swan-event-1396661568/amp/?amp_js_v=a2&amp_gsa=1&usqp=mq331AQHCAFYAYABAQ%3D%3D#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fbitcoinmagazine.com%2Farticles%2Fbitcoin-black-swan-event-1396661568%2F

[Daily Discussion] Tuesday, December 11, 2018

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CHAOEX: A TRANSPARENT AND RELIABLE CRYPTOCURRNECY TRADING PLATFORM.

https://i.redd.it/t313dwyyql321.jpg

CHAOEX was founded by Unique Network Technology (Hong Kong) Co. Ltd, an invested by company of XYHJ Network Technology (Hong Kong) Co. Ltd, a blockchain asset trading platform for global traders.

The team of CHAOEX is glad to present for the crypto ecosystem a universal trading platform and matching system called CHAOEXCHNAGE, also known as CHAOEX.

CHAOEX is a totally of self-developed creation designed for the aggregation of high-quality blockchain assets around the world, providing a safe, smooth and transparent trading experience for users.

WHY CHAOEX?
Until now the team mainly focused on local Asian market due to this reasons; team members are Asian company and know their market very well. As the quality of the CHAOEX platform is growing, team ambitious are growing too. Team of CHAOEX truly wants to share its trading experience, updates, event and services to people all around the world.

The CHAOEX team wants to build transparent and 100% compliant system (not just platform, but the whole ecosystem) based on trust and supportive community, where decision making is not the priority of leaders, but the right of every single member of the system.

A wide variety and a good portfolio of different cryptocurrencies available on the site. In CHAOEX, there are around 60 digital assets available for trade in CHAOEX. The most traded currencies in the market are Bitcoin, Ethereum, Bitcoin Cash, Decent, TenX, Civic, and QTUM.

Now referring to a more advanced mode of service, CHAOEX will most likely know that it is not a platform broadly intended for the masses or for everyone. People who do not have yet a digital currency or cryptocurrency token cannot acquire these funds from the CHAOEX digital interface with fiduciary money. However, CHAOEX offers a wide variety of digital assets for the different trade to be made within its advanced trading platform which has commissions very much to the size of the current market.

The web interface of CHAOEX website is really admirable. Customers can choose between different subjects, dark and light, and color of their preference. They also have advanced graphics tools, such as technical analysis indicators. The creation of graphics within the platform is very professional and quick to understand.

https://i.redd.it/lkf4vs7hrl321.jpg

Benefits of CHAOEX

CHAOEX exhibits the following benefits to it users:

  1. Very low trading fees.

  2. Solid number of altcoins.

  3. Advanced trading platform.

  4. Mobile trading apps available.

Conclusively, Operating solely on a coin-to-coin model, CHAOEX offers a solid amount of digital assets for trade on its advanced trading platform with really competitive fees.

CHAOEX is probably among the exchanges which benefited from China’s ICO ban, which compelled a lot of Chinese investors to turn to Hong-Kong venues like Bitfinex, TideBit, KuCoin and others. Hong Kong, on the other hand, does not have specific legislation on Bitcoin and crypto-exchanges, but crimes involving them, such as fraud and money laundering are persecuted under the existing laws. In other words, CHAOEX could stand the test of time!

CHAOEX Exchange is a convenient and reliable cryptocurrency exchange that provides a high level of security for your funds. Trade on CHAOEX using the most popular digital assets and make a profit now.

I feel this is a great cryptocurrency exchange platform that many crypto traders have been waiting for! Embrace CHAOEX and start using it now.

Useful Official Links of CHAOEX exchange platform:

Website = http://www.chaoex.com/

Ann Thread https://bitcointalk.org/index.php?topic=5068406.msg47857560#msg47857560

Twitter = https://twitter.com/ChaoExHK

Facebook: https://www.facebook.com/ChaoExHK

Author:

Bitcointalk Username: doglasslim

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2265600;sa=summary


[Daily Discussion] Tuesday, December 11, 2018

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[Daily Discussion] Tuesday, December 11, 2018

Thread topics include, but are not limited to:

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A theft of my phone number and used that to steal money from me. Do I have any potential recourse, and if so, what specialization of attorney would I need?

Hi,

Basically a thief impersonated me to my mobile data service provider, stole my phone number, and used that to steal money from me.

I’m wondering if I have any recourse and what specialization of attorney to look for.

Summary of chain of events: 1. A thief called my service provider, and managed to convince them he was me.

  1. The thief convinced the service provider employee to remove my device from my telephone number, and to add his device.

  2. At that point, the thief was able to use my telephone number and his phone (device) to steal my main Gmail email via “Recovery” that uses an SMS-text to the phone number as authentication.

  3. Finally, using the stolen phone number and email address, the thief stole ~$20,500 worth of bitcoin from one of my accounts (~3.64 bitcoin)..

Questions: 1. Do I have any potential legal recourse against the service provider for giving the thief my phone number? It seems this company was the critical part of the thief’s execution, and I was otherwise secure.

  1. If so, what kind of attorney would I want to hire?

Thank you.

PS: I’ve already filed a police report with the FBI’s IC3.

PPS: I’m generally private, use different passwords on different sites, I change my passwords often and they’re usually unrelated to anything, and no one knows my info (ie, that I have crypto here or there, and I’ve never shared my passwords or PINs with anyone, not even friends or family).


Bitcoin Nothing More Than a Lottery Ticket: Harvard Economist (current BTC/USD price is $3487.15958028)

Latest Bitcoin News:

Bitcoin Nothing More Than a Lottery Ticket: Harvard Economist

Other Related Bitcoin Topics:

Bitcoin Price | Blockchain | ICOs


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


Digibyte: Exemplifying what a DAO should look like

Outside of its potential to scale, speed, fees, etc - Digibyte has shown the world the potential of DAOs (Decentralized Autonomous Organizations) & how they can function at a high level. Digibyte's ability to solve technical problems, innovate & efficiently operate with no traditional company structure is remarkable.

The amount of talent & worldwide reach of the DGB community is incredible & the best part is it is all organic. No regulation or government can stop it.

The way I see it, Digibyte is like bitcoin on steroids, built on the right decentralized principles & core UTXO technology.

In a world where we see growing governments, increased centralized control & less individual liberty, I believe one of the major battles over the next few decades will be between the opposing macroeconomic forces of Centralization & Decentralization. Digibyte is on the front lines of that battle & G-d willing all the hard work is going to pay off.

Happy Hanukkah, Merry Christmas & Happy New year to everybody in the Digibyte community, May G-d help guide us all to wisdom, peace & prosperity.

Best Regards,

Derek R. Halpern



[Daily Discussion] Tuesday, December 11, 2018

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[Altcoin Discussion] Tuesday, December 11, 2018

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  • 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] Tuesday, December 11, 2018

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[Daily Discussion] Tuesday, December 11, 2018

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[Daily Discussion] Tuesday, December 11, 2018

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Bitcoin Price Predictions for 2018: how many do you think will ANY be correct ?

Within the next ~3 weeks we will know which of these Bitcoin Price Predictions are correct ...

How many do you think will be correct ?

My answer (for the record): >! Z. E. R. O. !<

By 30-Dec-2018:

By 1-Jan-2019: See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8

  • "Our [2018] year-end bitcoin target is $7700.", James Stefurak, Founder at Monarch Research. * "I believe bitcoin will see a slight price recovery, rising to $8,500 by January 2019", David Hanson, Co-CEO of gaming distribution platform Ultra.
  • "At the beginning of 2019, Bitcoin is expected to hover right above $10,000 per coin", Sam Olmsted, Consultant for Pelicoin.
  • "On January 1st, 2019, I expect the price of Bitcoin to be about $10,000", Kyle Fournier, Crypto Analyst at CryptoManiaks.
  • "By Jan 1st [2019] BTC at $10,500 and BCH at $1,500", Gavriel Shaw, CMO at Bitcoin.com. * "... by January 2019 Bitcoin should be around double where we are now = US$12600", Luke Lombe, Head of Blockchain at PlayChip.
  • "$14,000 BTC/USD [by January 1, 2019]", Collins Brown, Co-Founder at Market Protocol.
  • "Based on our existing data combined with industry trends, we predict the price of Bitcoin will level around $15,000 by 1st January 2019", Danny Scott, CEO and Co-Founder at CoinCorner.
  • "... we’ll see the price rally reaching its all-time of high of around $20K before the end of 2018", Khaled Khorshid, Co-Founder at Treon ICO.
  • "My Bitcoin price prediction for 1 January 2019 is $23,000", Eric Brown, Founder and CEO of Aliant Payment Systems.
  • "I believe Bitcoin will hit $24,500 by the 1st of the year [1-Jan-2019]", Kyle Asman, Co-Founder at BX3 Capital.
  • "$150,000 is my prediction for January 1st [2019]", Alexander V. van Dijl, Financial expert.

[Daily Discussion] Tuesday, December 11, 2018

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are your coins hot on someone elses computer? if you leave your coins at a exchange, you could as well leave fiat at the bank. Freeze your bitcoins in Cold Storage: a simple guide.

http://docs.electrum.org/en/latest/coldstorage.html

are your coins hot on someone elses computer? if you leave your coins at a exchange, you could as well leave fiat at the bank. Freeze your bitcoins in Cold Storage: a simple guide.

http://docs.electrum.org/en/latest/coldstorage.html

are your coins hot on someone elses computer? if you leave your coins at a exchange, you could as well leave fiat at the bank. Freeze your bitcoins in Cold Storage: a simple guide.

https://www.reddit.com/r/BitcoinAll/comments/a51vzc/are_your_coins_hot_on_someone_elses_computer_if/?utm_source=ifttt

[Daily Discussion] Monday, December 10, 2018

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[Daily Discussion] Tuesday, December 11, 2018

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[Daily Discussion] Monday, December 10, 2018

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@techreview: The rising tech made popular by Bitcoin has applications extending far beyond banking and finance. Learn about blockchain's impending impact at our one-day event in May. Purchase your tickets today! https://t.co/9VkDVetdqn https://t.co/L3jim2dYrn

https://mobile.twitter.com/techreview/status/1072269249777987585

[Daily Discussion] Monday, December 10, 2018

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Bitcoin Strikes Back! (current BTC/USD price is $3476.38397772)

Latest Bitcoin News:

Bitcoin Strikes Back!

Other Related Bitcoin Topics:

Bitcoin Price | Blockchain | ICOs


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

Guide to the Best Decentralized Platform for Gaming

I wrote this post about the best crypto for playing games for this project I'm working on called Keysheet: https://www.keysheet.io/guides/best-decentralized-platform-for-gaming/

Gamings one of the biggest consumer use-cases for crypto today, and my goal with the guide was to dig in and see what games are available and most importantly, if they're actually fun.

Cliff Notes:

  1. Ethereum: Best overall, and best for collectibles. While Ethereum has a lot of shortcomings—confirmation times mean you can't game in real-time, signing transactions from each game is unwieldy, transaction fees etc—it has the most actual games on it and the best . The ERC-721 token standard also means that more applications and games are being developed where collectibles can be traded or modified across different games.
  2. EOS: Best for near real-time gaming. EOS doesn't have transaction fees, transactions settle almost instantly, and you can whitelist contract actions which means that you don't have to manually sign repetitive actions in game. Problems with EOS are 1). There aren't many games. The EOS knights has 4000+ DAUs—100x more than any Ethereum game—but other than that it's pretty dead. 2). Lack of a token standard like ERC-721 means that collectibles on EOS aren't really interoperable yet—makes you wonder if using a blockchain is necessary in the first place.
  3. Bitcoin: Best for gambling. Limited scripting language means you don't see real games on Bitcoin like you do on other platforms. But for gambling, Bitcoin still has the most established gambling sites and biggest payouts.

Overall, games on decentralized platforms are really exciting in terms of potential—you can do stuff in them that you simply can't with traditional games. The main issue for now is that most of these games aren't actually fun yet, and people mostly play them in hopes of making money.

Games like Everquest and WoW had thriving secondary markets because the games were actually fun and people got invested in them. Most people play games to have fun, and not to get rare loot that they can sell on eBay. It sounds obvious, but if games are going to drive mainstream adoption for crypto they have to actually be fun to play.

Would love to hear any feedback from you guys, along with any coins you think should be included but weren't—we'll keep this guide up to date over time.

(If you want to learn more about the site and why we're writing these guides, check out this reddit thread.



The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

[Daily Discussion] Monday, December 10, 2018

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The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

[Daily Discussion] Monday, December 10, 2018

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New York vs Ohio Crypto Regulatory Frameworks, From Conservative to Progressive - Bitcoin Exchange Guide

https://bitcoinexchangeguide.com/new-york-vs-ohio-crypto-regulatory-frameworks-from-conservative-to-progressive/

The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

12-10 19:03 - 'What is Bitcoin Hivemind? Complete Beginner’s Guide' (blockonomi.com) by /u/koocer removed from /r/Bitcoin within 308-318min



The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

[Daily Discussion] Monday, December 10, 2018

Thread topics include, but are not limited to:

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What is Bitcoin Hivemind? Complete Beginner's Guide - Blockonomi

https://blockonomi.com/bitcoin-hivemind/

The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

ENERGI - AIRDROP - 120$ + 12$ REF - LOW CAP LISTED ON COINMARKETCAP - Cryptocurrency for world adoption

https://i.redd.it/lr8ykyu0oh321.jpg

Energi is the cryptocurrency for world adoption. Energi will achieve this by fostering a self-funding and governance system, absorbing and innovating the most advanced technology in the space - including full smart contract capabilities, and infinite scalability. Further, by removing the cryptocurrency space’s common barriers to entry, Energiwill become the most user-friendly, secure and trusted platform for building and trading value.

Step-by-Step guide:

  1. Register on their Airdrop Site and verify your E-Mail. (KYC is required!)
  2. Enter your Energi Wallet address - If you dont have any, you can download it here.
  3. Complete at least 2 Social Media tasks to receive NRG Tokens
  4. 100 NRG for the tasks
  5. Earn 10 NRG for each referral

VALUE - 120$ + 12$ REF
LISTED ON COINMARKETCAP #264

For more Valuable Airdrops please follow our Steemit.

#airdrop #airdropy #kryptowaluta #kryptowaluty #bitcoin #altcoin #blockchain #token #ico #airdrops #ethereum #cryptocurrency



ENERGI - AIRDROP - 120$ + 12$ REF - LOW CAP LISTED ON COINMARKETCAP - Cryptocurrency for world adoption

https://i.redd.it/37thljx8oh321.jpg

Energi is the cryptocurrency for world adoption. Energi will achieve this by fostering a self-funding and governance system, absorbing and innovating the most advanced technology in the space - including full smart contract capabilities, and infinite scalability. Further, by removing the cryptocurrency space’s common barriers to entry, Energiwill become the most user-friendly, secure and trusted platform for building and trading value.

Step-by-Step guide:

  1. Register on their Airdrop Site and verify your E-Mail. (KYC is required!)
  2. Enter your Energi Wallet address - If you dont have any, you can download it here.
  3. Complete at least 2 Social Media tasks to receive NRG Tokens
  4. 100 NRG for the tasks
  5. Earn 10 NRG for each referral

VALUE - 120$ + 12$ REF
LISTED ON COINMARKETCAP #264

For more Valuable Airdrops please follow our Steemit.

#airdrop #airdropy #kryptowaluta #kryptowaluty #bitcoin #altcoin #blockchain #token #ico #airdrops #ethereum #cryptocurrency



The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

ENERGI - AIRDROP - 120$ + 12$ REF - LOW CAP LISTED ON COINMARKETCAP - Cryptocurrency for world adoption

https://i.redd.it/h4kc2na5ph321.jpg

Energi is the cryptocurrency for world adoption. Energi will achieve this by fostering a self-funding and governance system, absorbing and innovating the most advanced technology in the space - including full smart contract capabilities, and infinite scalability. Further, by removing the cryptocurrency space’s common barriers to entry, Energiwill become the most user-friendly, secure and trusted platform for building and trading value.

Step-by-Step guide:

  1. Register on their Airdrop Site and verify your E-Mail. (KYC is required!)
  2. Enter your Energi Wallet address - If you dont have any, you can download it here.
  3. Complete at least 2 Social Media tasks to receive NRG Tokens
  4. 100 NRG for the tasks
  5. Earn 10 NRG for each referral

VALUE - 120$ + 12$ REF
LISTED ON COINMARKETCAP #264

For more Valuable Airdrops please follow our Steemit.

#airdrop #airdropy #kryptowaluta #kryptowaluty #bitcoin #altcoin #blockchain #token #ico #airdrops #ethereum #cryptocurrency



[uncensored-r/BitcoinMarkets] The Definitive Guide to Bitcoin in 2019

The following post by stadivm_dot_com is being replicated because the post has been silently greylisted.

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

np.reddit.com/r/ BitcoinMarkets/comments/a4wkn1

The original post's content was as follows:


[removed]



[Daily Discussion] Monday, December 10, 2018

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Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame (current BTC/USD price is $3531.2666976)

Latest Bitcoin News:

Bitcoin Mining Giant Bitmain Is Collapsing – And It Only Has Itself To Blame

Other Related Bitcoin Topics:

Bitcoin Price | Blockchain | ICOs


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


[Daily Discussion] Monday, December 10, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
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GRIFFEX - AIRDROP - 9400 TOKENS + 1000 REF - 94$ + 10$ - Think Crypto, Think Us!

https://i.redd.it/5gzgywebch321.jpg

Griffex is a marketplace for smart sale and purchase of cryptocurrencies, a flexible trading platform presenting an opportunity for seasoned investors, retail traders, and cryptocurrency enthusiasts at managing multi-currency investment portfolio. The pursuit of happiness with Griffex is to evangelize, provide a breeding atmosphere for cultivating not merely a class of traders addictively getting into crypto for quick pump-and-dump profits, but a fresh generation of leaders, working on solutions to the world's largest challenges.

Step-by-Step Guide:

  1. Visit the Griffex website.
  2. Sign up and verify your email address.
  3. Follow them on Twitter, Facebook, LinkedIn, Instagram, Reddit, Discord.
  4. Complete other easy tasks from their airdrop page to receive more GFX Tokens.
  5. Click on “Submit Task” and submit your details.
  6. You will receive up to 9400 GFX tokens for completing all the tasks.
  7. Also, earn 1000 GFX tokens for each referral.
    VALUE - 94$ + 10$ REF

For more Valuable Airdrops please follow our Steemit.

#airdrop #airdropy #kryptowaluta #kryptowaluty #bitcoin #altcoin #blockchain #token #ico #airdrops #ethereum #cryptocurrency



The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

GRIFFEX - AIRDROP - 9400 TOKENS + 1000 REF - 94$ + 10$ - Think Crypto, Think Us!

https://i.redd.it/h23ode558h321.jpg

Griffex is a marketplace for smart sale and purchase of cryptocurrencies, a flexible trading platform presenting an opportunity for seasoned investors, retail traders, and cryptocurrency enthusiasts at managing multi-currency investment portfolio. The pursuit of happiness with Griffex is to evangelize, provide a breeding atmosphere for cultivating not merely a class of traders addictively getting into crypto for quick pump-and-dump profits, but a fresh generation of leaders, working on solutions to the world's largest challenges.

Step-by-Step Guide:

  1. Visit the Griffex website.
  2. Sign up and verify your email address.
  3. Follow them on Twitter, Facebook, LinkedIn, Instagram, Reddit, Discord.
  4. Complete other easy tasks from their airdrop page to receive more GFX Tokens.
  5. Click on “Submit Task” and submit your details.
  6. You will receive up to 9400 GFX tokens for completing all the tasks.
  7. Also, earn 1000 GFX tokens for each referral.
    VALUE - 94$ + 10$ REF

    For more Valuable Airdrops please follow our Steemit.

#airdrop #airdropy #kryptowaluta #kryptowaluty #bitcoin #altcoin #blockchain #token #ico #airdrops #ethereum #cryptocurrency



The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

GRIFFEX - AIRDROP - 9400 TOKENS + 1000 REF - 94$ + 10$ - Think Crypto, Think Us!

https://i.redd.it/9coimarn8h321.jpg

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[uncensored-r/btc] Three years ago Edward Snowden wrote this on Reddit.

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

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

np.reddit.com/r/ btc/comments/a4qt1r

The original post's content was as follows:


Question: What's the best way to make NSA spying an issue in the 2016 Presidential Election? It seems like while it was a big deal in 2013, ISIS and other events have put it on the back burner for now in the media and general public. What are your ideas for how to bring it back to the forefront?

Edward Snowden his answer:

This is a good question, and there are some good traditional answers here. Organizing is important. Activism is important.

At the same time, we should remember that governments don't often reform themselves. One of the arguments in a book I read recently (Bruce Schneier, "Data and Goliath"), is that perfect enforcement of the law sounds like a good thing, but that may not always be the case. The end of crime sounds pretty compelling, right, so how can that be?

Well, when we look back on history, the progress of Western civilization and human rights is actually founded on the violation of law. America was of course born out of a violent revolution that was an outrageous treason against the crown and established order of the day. History shows that the righting of historical wrongs is often born from acts of unrepentant criminality. Slavery. The protection of persecuted Jews.

But even on less extremist topics, we can find similar examples. How about the prohibition of alcohol? Gay marriage? Marijuana?

Where would we be today if the government, enjoying powers of perfect surveillance and enforcement, had -- entirely within the law -- rounded up, imprisoned, and shamed all of these lawbreakers?

Ultimately, if people lose their willingness to recognize that there are times in our history when legality becomes distinct from morality, we aren't just ceding control of our rights to government, but our agency in determing thour futures.

How does this relate to politics? Well, I suspect that governments today are more concerned with the loss of their ability to control and regulate the behavior of their citizens than they are with their citizens' discontent.

How do we make that work for us? We can devise means, through the application and sophistication of science, to remind governments that if they will not be responsible stewards of our rights, we the people will implement systems that provide for a means of not just enforcing our rights, but removing from governments the ability to interfere with those rights.

You can see the beginnings of this dynamic today in the statements of government officials complaining about the adoption of encryption by major technology providers. The idea here isn't to fling ourselves into anarchy and do away with government, but to remind the government that there must always be a balance of power between the governing and the governed, and that as the progress of science increasingly empowers communities and individuals, there will be more and more areas of our lives where -- if government insists on behaving poorly and with a callous disregard for the citizen -- we can find ways to reduce or remove their powers on a new -- and permanent -- basis.

Our rights are not granted by governments. They are inherent to our nature. But it's entirely the opposite for governments: their privileges are precisely equal to only those which we suffer them to enjoy.

We haven't had to think about that much in the last few decades because quality of life has been increasing across almost all measures in a significant way, and that has led to a comfortable complacency. But here and there throughout history, we'll occasionally come across these periods where governments think more about what they "can" do rather than what they "should" do, and what is lawful will become increasingly distinct from what is moral.

In such times, we'd do well to remember that at the end of the day, the law doesn't defend us; we defend the law. And when it becomes contrary to our morals, we have both the right and the responsibility to rebalance it toward just ends.

So, let me repeat my own message: We got to turn Bitcoin Cash in to a movement. A global, non violent revolution with the primary purpose of taking power away from governments and give it back to people. Especially in the west, where the public is increasingly becoming more powerless and less in control of their own future.

The idea is so incredibly simple and so is the slogan: "We just stop using their money"

6 words. WE JUST STOP USING THEIR MONEY.

We got our own money now. Money of the people by the people for the people because of the people.

Satoshi created a breakthrough. Encryption was always a passive tool. To protect ourselves. Bitcoin is an active tool, to attack and undermine some of their power UNTILL what we do forces government to change and adapt and BEND to the will of the people.

Again, why is there nobody in France right now, saying EXACTLY THIS.

All that violence on the streets in Paris is not doing anybody any good. It can be so simple.

STOP USING THEIR MONEY! We convince 10 million people in the west to stop using their money and passionately invite everybody to join us, that's it. That momentum will change the power dynamics between governments and their people in a very short time.

Gandhi said: A non-violent revolution is not a program of seizure of power. It is a program of transformation of relationships, ending in a peaceful transfer of power.


[Daily Discussion] Monday, December 10, 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:


Bitcoin bear market is far from over, says analyst (current BTC/USD price is $3563.89148347)

Latest Bitcoin News:

Bitcoin bear market is far from over, says analyst

Other Related Bitcoin Topics:

Bitcoin Price | Blockchain | ICOs


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

The Definitive Guide to Bitcoin in 2019

https://stadivm.com/blog/bitcoin-guide/

Our most recent AMA with Marcin Zduniak discussing the latest technological developments at trade.io

AMA with CTO Marcin Zduniak

We conduct regular AMA sessions on our official Telegram channel. Join us to ask questions and get the latest news and updates from trade.io.

Telegram: https://t.me/TradeToken

Marcin, Hello everybody!

Q. Are we still on time to get FX, API and App by end of the year (i.e. less than 4 weeks from now)?

OK, heavy topics just from the beginning,

Let's start with FX: We have an internal commitment for a specific date: Dec. 27th and dedicated team works tirelessly to make it happen. No delays or unexpected events so far, we are on track although it is very tight timeframe, but...Please note this is Phase 1 of a 2 Phase launch. Phase 1 being FX being available to trade.io exchange clients only and crypto only deposits. Phase 2 which we’re expecting completion in early Q1 of 2019 will have stand-alone sites for our FCA & OffShore Entities, TIO Markets UK Ltd. & TIO Markets Ltd... These stand-alone entities will allow clients to register directly from the site and will allow funding in crypto and a variety of fiat methods. Additionally, there will be a complete affiliate program offering top-tier CPA programs with state of the art tracking software.

So, back to the topic, mobile experience next:

So, you already know we work on a couple of mobile products: iOS and Android mobile native trading applications and also on the mobile-friendly version of our exchange website. The most significant changes related to the mobile-friendly website are planned for the release this Monday and there will be most likely 1-2 subsequent releases improving some smaller UI experience defects on the subsequent Mondays…

As for the mobile native apps: iOS is planned to be dev-complete and ready for internal testing next week. We are planning to involve some of our dedicated community members in the Beta testing phase as soon as the app code is signed off by our security experts after the review of the potential security holes…

As for the Android, it will come around 2 weeks later, but we still believe we will be dev ready this year. It means that the iOS version should be released to the public by the end of this year and Android in early January after all the alpha, beta and security tests are concluded.

Q. Hey Marcin, recently I saw something new in trade.io exchange. It had smooth and have many tuning actions for it. It is ok. But I think our developing speed in trade.io should more rapidly. Update maybe more twice of week and finally result must be perfect. Do use end users are tester for this new main functions: FX, app.

A. I disagree, for now. With the size of our team, once-a-week releases seem to be balanced. We can focus the whole 1 week on the delivery and one day on the shipment. If we are going to ship more often we will produce less in this time. Some companies practice daily shipment -- it might be something we will consider some time in 2019, but at this moment it does not really make sense here.

Marcin: “You asked about API too, let me finish with your first question please. Some of our institutional partners and liquidity providers already use our API interface since a couple of months, but this was not yet the API we intended to open for the general consumption…”

Xalat: “Exactly. Volume is mostly driven by bots, hence APIs are important”

Marcin: “We have dedicated team who worked on the trading API and also market data feeds API that we could offer widely. The API is ready, we are now conducting functional tests, load tests and security penetration tests on it…”

Q: When can we start using the exchange from the algo-trading tools that would require robust API access?

A. The plan is to have all the test steps concluded early next week and if no serious defects found we should be able to release it in the production environment in another 1-2 weeks, i.e prior to the end of this year. We’ve take meticulous care and time to ensure we’ll be offering one of if not the best API solution available, and hope to attract quite a few institutions with its robust functionality.

Q. What kind of query/minute can we expect as limits? In market fetching and throwing orders please?

A. We are targeting to be able to sustain 100 txs/s for now with our current load tests. But some further scalability improvements are also in making (bit the delivery date early next year).

Q. Any news on the fiat trading platform?

A. We are in the technical preparation phase of this project, as the business discussions already concluded. No specific release date yet, but it should not take too long (definitely early Q1).

Q. Are you planning for bug bounty programs or acknowledgements for reporting security vulnerabilities?

A. No formalized bounty program planned so far, but fair security vulnerability disclosures of serious security issues to [security@trade.io](mailto:security@trade.io) will be definitely appreciated and rewarded.

Q. Would different platforms have different websites with various measures of KYC procedures, or will there be a uniform account system behind?

A. Can't answer to this yet, compliance related topics to Phase 2 are not 100% ironed out yet.

Q. Do you user’s end users as tester for this new main functions: FX, app.

A. We have a dedicated QA team, so this is for the manual tests. But we are also concluding work on our. A automation extensive tests suite. It should make our future deploys much smoother and of higher quality, more issues should be discovered before the actual change is deployed to the live servers.

Q. Will we start seeing more ERC20 tokens soon? They don't require as much work as the separate blockchains if I've understood correctly?

A. Correct, another 4-5 is going to be added next week.

Q. Would the market maker bot start working again after the upcoming of APIs?

A. Market maker already works, using our private api, no plans to change it in the near future. But the new api will be used by the other 3rd party partners and potentially by other market makers.

Q. Marcin what is your plan in relation to the Bitcoin Cash split?

A. Generally, exchanges took a side either on the SV or ABC fork. Our initial plan before the fork even happened was to support one or the other depending on which chain would prevail, but we never took any side... Right now it is clear both forks are here to stay, hence the decision is to support both. Before we open the deposits and withdrawal options we need to implement replay attack protection to our internal wallet addresses, as the respective forks did not implement it as part of their own code changes.

It is not really something that we wanted to do, as we preferred to focus on the new coins implementation, but as the fork happened we have no option, we took some of our engineering’s off from the other chains integration and work related to the replay attack protection is ongoing. We will most likely resume trading next week, and open deposits and withdrawals for both forked chains in the following week. Though don’t treat it yet a firm commitment.

Q. Besides the new stuff, how is the rework of the older code coming along?

A. We are not dumping anything, nothing like that. But more automated tests and more code coverage clearly shows where the defects are and where the team focus has to be put. It is an ongoing process, what will in fact never ends (refactoring of the code is part of the development process).


[Daily Discussion] Monday, December 10, 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:


What is Bitcoin Hivemind? Complete Beginner’s Guide

https://blockonomi.com/bitcoin-hivemind/

Luno or Paxful? A beginner's guide to Bitcoin trading in South Africa - The South African

https://www.thesouthafrican.com/luno-or-paxful-a-beginners-guide-to-bitcoin-trading-in-south-africa/

[Daily Discussion] Monday, December 10, 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:


Nicolás Maduro offered Putin to execute all international payments in Petro cryptocurrency. See more in the analytical report

Analytical report of the Golden Island private club We present to you the report filed by the analysts of our private club for December 3–9, 2018.

1. Key market events in the period for December 3–9, 2018

  1. Digital Currency Group (DCG) owns — partially or fully — 81 crypto companies, including Coinbase, Ledger, Etherscan, Kraken and Graysсale. Half of DCG itself is owned by MasterCard, DCG is also a partner of Nasdaq. A rather peculiar old yet new financial establishment.
  2. The complexity of Bitcoin mining decreased by 15%. This is the biggest drop in complexity since November 2011.
  3. Switzerland: The state regulator (FINMA) has proposed a license that would allow the blockchain and crypto start-ups to receive deposits of up to $100 million.
  4. South Korea accounts for 30% of global cryptocurrency transactions, and 30% of the population here already owns cryptocurrency.
  5. Study (Diar): Ethereum whale reserves increased by 80%. France, Italy, Cyprus, Malta, Portugal, Greece and Spain signed a protocol on the joint promotion of blockchain technologies.
  6. The geographical distribution of traders on popular cryptoexchanges: USA (30%), Russia (15%) and China (11%).
  7. World banks and financial organizations openly invest in cryptocurrencies or create assets for their clients. Among them are Silvergate Bank, Morgan Stanley, Sberbank, Metropolitan Bank, Fidelity, State Street and many others.
  8. Nasdaq: The Vice President Joseph Christinat confirmed the exchange would issue Bitcoin futures early next year.
  9. Coinbase provided customers with the ability to withdraw funds through PayPal without fees (of course, this applies to verified users only).
  10. Facebook is also announcing the “most used product in crypto”. TON’s success is haunting them. Everyone wants a share of the future.
  11. Ethereum developers have reached agreement regarding the block number to be used for deploying Constantinople update. Block 7,080,000 was chosen for a hardfork. According to the Parity release manager Afri Shedon, the block will be mined from 14 to 18 January.
  12. According to the former JPMorgan top manager Alex Gurevich, Bitcoin will continue to evolve despite fluctuations; the cryptocurrency will become digital gold.
  13. Bank giants integrated IBM blockchain into Goldman Sachs and Morgan Stanley –these are the first companies to use the recently launched blockchain-based CLSNet. Six more participants from North America, Europe and Asia, including Bank of China (Hong Kong), have pledged to join in the upcoming months, according to CLS and IBM.
  14. CoinShares report says that 77.6% of the electricity for mining bitcoins is currently generated from renewable energy sources.
  15. Lightning Network capacity over the past three months in bitcoins and dollars. Since the second half of November, the network cap has grown threefold.
  16. In 2018, Grayscale’s Bitcoin Investment Trust bought bitcoins each month until it became the largest institutional holder, owning 203,000 BTC or about 1% of all coins in turnover.
  17. Digital Currency Group (DCG) owns — partially or fully — 81 crypto companies, including Coinbase, Ledger, Etherscan, Kraken and Graysсale. Half of DCG itself is owned by MasterCard, DCG is also a partner of Nasdaq. A rather peculiar old yet new financial establishment.
  18. Poloniex added accounts for institutional investors.
  19. Nicolás Maduro suggested that Putin conduct international payments in Petro cryptocurrency.

2. Market analytics from club experts for December 3–9, 2018

The last week was somewhat unusual — we saw the decline from the very beginning, but this time the rate never even bothered to bounce back by end of the week. At the beginning of the weekend, crypto investors had cheap BTC and even cheaper altcoins.

The total capitalization of the crypto market dropped from $136 billion to $108 billion by Friday, then dropped again to $104 billion by Saturday, and then it struggled to climb to $116 billion. Trading volumes reached about $13–15 billion a day the entire week, briefly peaking to $19 billion. The BTC maintained a dynamic balance between 53% and 58%. On Monday, the price for 1 BTC was $4,140, but it lost more than $800 over the week, falling to $3,300, and by the end of the week it climbed a bit to reach $3,620. Given the ETF review, which was postponed until February 2019 (although the analysts predicted this delay in August), sentiments about the end of the crypto market and BTC entering the death spiral began gaining momentum. We observe ever more news and articles about “How I did not become a millionaire.” Some teams have reported a shortage of funds, despite raising millions. But all these critics either deliberately “forget” or do not really understand that cryptocurrency is not only about speculation on the stock exchanges. This is a breakthrough technology. This is a huge industry with determined needs and consumers. These are governments and large financial groups, snatching up everything they can for cheap. Moreover, the price of BTC and other altcoins does not reflect the most revolutionary essence of the blockchain and the decisions based on it. If some investors started thinking about selling their assets and leaving the market, believe us: soon everyone who got rid of cryptocurrency will regret this decision!

3. Changes in the cost and capitalization of the TOP-10 cryptocurrencies in the period from December 3–9, 2018

https://i.redd.it/8v0f4crhhg321.jpg

4. TOP-3 growing coins from the long-term portfolio for December 3–9, 2018 (including portfolio updates)

We saw the correction for the altcoins during the last week. Top 3 coins: Waves + 6.89% (continued last week trend), Byteball GByte + 2.11% (distribution to holders), Aragon ANT + 2.06% (scheduled updates).

Want to be the first to receive news, updates from analysts and trade signals? Join @gitsupport channel and start earning with us!


A study of capitulation

Past performance is not an indication of future performance. On the other hand, those who do not learn from the mistakes of the past are doomed to repeat them. Make of that what you will, but we wanted to take a look at previous capitulation events in the bitcoin market to get some sense of what we might be in for…

This does not constitute financial advice. Trading is risky and trading bitcoin is very risky. Loss of capital, reputation, self-confidence and spouse are likely.

After the stellar rise to $20k a year ago, bitcoin has spent all of 2018 in correction mode. Just as the question in 2017 was ‘Where will this top out?’ the burning question today is ‘Where will this end?!’

You can read plenty of technical analysis that points to support around $3,000, $2,500 and potentially a lot lower. What we’re interested in here is that last, convincing move the market makes to the downside at the end of the bear cycle, shaking out the last of the weak hands in a panic of selling and immediate frenzy of buying when the ultimate low is established: Capitulation.

Put simply, the market heads lower, and lower… and then it all-out dives. Traders are taken by surprise, they exit their positions in utter terror, and then – just as quickly – sentiment turns. Fear becomes greed. The movement reverses, with the chart painting a characteristic ‘V’ shape. The lowest prices never last long, perhaps hours or even less, but those who put their buy orders in the right place profit handsomely. So: where will it start, and how deep will that capitulation dive be?

https://cryptoinferno.org/news/a-study-of-capitulation/


Fundamental Analysis: Decred (DCR)

There are many reviews which in my opinion are often mostly biased (sponsored or website content). This post is my unbiased attempt to explain you Decred project and convince you why Decred is one of the few cryptocurrencies that continues to uphold the decentralised nature of the initial idea.

https://i.redd.it/g6vnvveabg321.png

Problem to Solve

Decred is an open-source decentralised cryptocurrency that is primarily concerned with ensuring community input is consistently valued by utilising an open governance model which is supported by sustainable financing for project development. Such a philosophy was born out of Bitcoin pioneers, specifically the engineers of the widely adopted btcsuite, becoming frustrated with the inefficient and unfair means by which updates to the Bitcoin protocol were being implemented. The Decred founders saw weakness in this approach and believed it could be improved upon by creating a level playing field for both miners and users in order to mutually benefit the network. Thus, Decred is an immutable currency which aims to be a store of value or medium of exchange, much like Bitcoin, whilst placing decentralisation of governance to community participants above the influence of centralised mining corporations and key developers.

Governance

The formation of Decred was a direct consequence of early Bitcoin developers experience with the governance model which was ingrained into the Bitcoin network from its inception. Such a system was designed in a way that placed Bitcoin Core developers and Proof of Work (PoW) miners at the centre of the ecosystem, assigning the majority of power to these large actors, who then had the ability to veto any change to the consensus rules they deemed unprofitable or that did not fit with their vision of the distributed network. Essentially, this gives minimal to no influence to smaller network participants who wish to implement changes they believe to be beneficial to the wider community or the Bitcoin protocol itself. Whilst some might argue that placing power in the hands of the wider community could lead to a dilution of ideas to less experienced parties, the ultimate purpose of a decentralised network is to serve each and every member of its community. Bitcoin has proved otherwise with prolonged disputes occurring between powerful centralised parties whilst ignoring the opinions of the actual users of the network, notably resulting in a contentious chain split which many network participants fundamentally disagreed with as such a move ultimately dilutes the network.

Funding

Bitcoin was funded entirely by donations up until 2014 and today there are no such rewards for developing the open-source protocol. This leaves early developers who likely profited from the exponential price increase of Bitcoin with the freedom to work on the project without the need for financial means, whilst excluding others developers who were late to the ecosystem. There is no system in place where a developer can claim expenses for contributing to the Bitcoin project and thus this excludes a large proportion of highly qualified developers from participating, centralising the power of decision making once more.

Mining

Although the PoW protocol implemented to mint Bitcoin has proven to be incredibly robust over the years, with no majority network takeovers occurring since the project was launched, as the mathematical problems become increasingly more complex the situation may change. This is the result of continuously needing to improve upon already incredibly expensive computational hardware in order to keep pace with mining competitors. In recent years we have seen this effect start to take place, with large centralised corporations such as Bitmain mining a large proportion of the Bitcoin network. As such large corporations continue to profit and grow, making the possibility for over 51% of the network to be mined by one centralised party increasingly more apparent. Ultimately, if achieved this would allow such a centralised authority to censor and implement updates to the bitcoin protocol as they see fit, completely going against the idea of a decentralised, censorship-resistant, immutable currency.

Solution

Governance

In stark contrast to Bitcoin, Decred ensures all stakeholders have the ability to influence decisions regarding the project by allowing them to vote on specific agendas and proposals that will be implemented to the Decred Blockchain. In order to become a Decred stakeholder one must simply own their native token DCR. Such decisions include aspects such as whether the development team should start working on a specific feature or not, whether to deploy a feature which has already been completed and even how to fairly split the development subsidies provided. This governance model allows for an entirely decentralised approach which ensures that no party has considerable influence over any other in the ecosystem. Miners and key developers must respect the decisions made by the stakeholders as they do not possess a majority share of the project. This allows for a more organic growth strategy which is inclusive of all parties constructive concerns and needs. As a result, Decred became the first cryptocurrency to implement changes to their Blockchain based on an automatic user voting approval in June 2017. Moreover, utilising this community-driven approach has allowed Decred to implement consensus changes much quicker than most other Blockchains, specifically Bitcoin’s, supporting the Lightning Network before Bitcoin and allowing a transaction to expire after a set period of time in order to keep avoid Blockchain bloat. Ultimately, Decred’s governance model is far more just than Bitcoin’s, allowing all stakeholders to have their voices heard and not ignored, creating a fairer ecosystem where everyone who is invested in the project can participate or affect the direction of future developments.

Funding

Uniquely, Decred’s Blockchain assigns a portion of miner fees to a development treasury which is distributed accordingly to those who wish to contribute to the project. This decentralised funding model allows anyone with an idea to contribute to the project by simply submitting a proposal and then if that idea is implemented they will be rewarded for their work. Such an approach is fundamentally different from most open-source projects, such as Bitcoin, which allow users to submit proposals but do not compensate them for their hard work. Instead, simply allowing one to build prestige in the developer community off the back of successful work. This opens the doors to a much larger pool of talent than possible with most unpaid open-source projects which simply cost those who do not have the means to work for free out of the market. Moreover, individuals can produce work which is not necessarily computer science-based, instead, they can apply more general skills such as marketing to help the project flourish and still receive compensation for work. Ultimately, business decisions will be decentralised amongst the wider community who support the project, distributing the power of decision making to a diverse set of individuals, avoiding centralisation of authority at all costs.

Funding

From the offset, Decred insured that their innovative hybridised consensus system was fair for both miners and stakeholders. This is why they choose to implement Proof of Activity (PoA), which involves a balance between both Proof of Work (PoW) and Proof of Stake (PoS) consensus algorithms. To this end, they have allocated 60% of the block reward to PoW miners, who serve the same purpose as in Bitcoin, 30% of the block reward for PoS voters, who keep check of PoW miners and can vote on important decisions and 10% to the treasury to incentivise the community to participate in project development. Typically PoW miners need to have spent a considerable amount of money on computational infrastructure and exert extreme control over a network, by introducing PoS additionally, network participants with much less financial means are able to keep a check on the work that the PoW miners are carrying out. This dilutes power from the PoW miners to PoS workers and decreases the likelihood of any network takeovers occurring as a result. Ultimately, Decred ensures that via a distributed mining consensus mechanism those who usually yield considerable power by owning expensive infrastructure cannot take over the majority of the network, whilst allowing individuals to participate in the project without needing excessive funds.

Catalysts

Community-Driven: The underlying strength of Decred lies in its commitment to ensuring the community has a strong influence over all aspects of the development of the project, whether that be allowing all stakeholders to vote on implementations to the protocol or supporting those in the community who wish to promote the project. This strategy ensures a diverse set of opinions are accounted for, and that a few large actors cannot control the direction of project development.

Team Of Pioneers: The team behind the project were the engineers behind btcsuite, a well regarded open-source project made for Bitcoin which has now been adopted by many other cryptocurrency projects. As some of the key members in the development of Bitcoin, they possess a true understanding of the successes and failures of the project. Thus, Decred takes a unique community-driven approach to achieve true decentralisation rarely seen elsewhere in the industry.

Risk Factors

Competing With A Titan: Ultimately, if Decred wants to see wide adoption then it has to draw from the community of Bitcoin, this is no easy task but may become easier with time as people begin to realise how centralised the decision making of Bitcoin has become since it’s inception. A large-scale event such as Bitmain taking over more than 51% of the Bitcoin mining activity could spark this realisation.

Belief In Your Community: As decred is community driven, the ultimate direction of the project is driven by who participates. This cannot be controlled, stopped or censored which is the essence of decentralisation. Whilst this is appealing to many early adopters within the cryptocurrency ecosystem, those who invest in the project moving forward must have belief in their fellow community members as well as the underlying fundamentals of the project itself. Despite this, it is difficult to question the direction the community has driven the project so far.

Conclusion

In a market where centralisation of power seems to be becoming an ever more prevalent force, Decred appears to be one of the few cryptocurrencies that continues to uphold the decentralised nature of the initial idea. By allowing members of the community to participate in the project in various ways including voting, mining and paid work contributions, Decred has created a vibrant community of incredibly knowledgeable and talented individuals avoiding the need for a centralised decision maker. Such a diverse set of opinions has allowed the project to quietly flourish, implementing changes to the Decred protocol much quicker than when centralised actors determine the direction of a project. This is true decentralisation in action. Thus, if the project can continue on its current trajectory whilst Bitcoin continues to become more centralised, it could become a direct competitor. Certainly, one to watch as the market matures.

Please join also the discussion on the Decred Analysis on Twitter: https://twitter.com/BBODResearch/status/1072118432089415681


LuckyGo Seeding Event

LuckyGo is to go alive In a few days. Game algorithm in converting hashes has is as follow, name it Seeding Event.

Starting with a secret “Seed”, a chain of 1,000,000 SHA256 hashes thus generates. Each element is the hash of the lowercase, hexadecimal string representation of the previous hash. The hash of the chain’s last element is 035cf2ff24d28229aa75636268c5cb9a7a278c2afef27577de00291ef6ae8c47.

Every game maps to a hash in the chain: The 1,000,000th element of the chain is the hash of game #1 and the first element in the chain is the hash of game #1,000,000. To verify that a hash belongs to a game #n, SHA256 hash it n times and compare the result with the terminating hash.

This is specifically how to calculate a result from its “Seed” hash:

function gameResult (seed, salt) {  const sha = CryptoJS.algo.SHA256.create();  sha.update(seed);  sha.update(salt);  seed = String(sha.finalize()); const nBits = 52; // number of most significant bits to use  // 1. r = 52 most significant bits  seed = seed.slice(0, nBits / 4);  const r = parseInt(seed, 16);  // 2. X = r / 2⁵²  let X = r / Math.pow(2, nBits); // uniformly distributed in [0; 1)  // 3. X = 99 / (1-X)  X = 99 / (1 — X);  // 4. return max(trunc(X), 100)  const result = Math.floor(X);  return Math.max(1, result / 100); }; 

Before being used to calculate the corresponding result, the “salt” hash begins from the bitcoin block in height of 553500. This block has not been mined yet, proving that we have not deliberately picked a chain that is unfavorable f
or players.


[Daily Discussion] Monday, December 10, 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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A Bitcoin Exchange Boss Thinks Jeff Bezos Will Trigger The Next Bull Run (current BTC/USD price is $3565.75096158)

Latest Bitcoin News:

A Bitcoin Exchange Boss Thinks Jeff Bezos Will Trigger The Next Bull Run

Other Related Bitcoin Topics:

Bitcoin Price | Blockchain | ICOs


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


A study of capitulation

Past performance is not an indication of future performance. On the other hand, those who do not learn from the mistakes of the past are doomed to repeat them. Make of that what you will, but we wanted to take a look at previous capitulation events in the bitcoin market to get some sense of what we might be in for…

This does not constitute financial advice. Trading is risky and trading bitcoin is very risky. Loss of capital, reputation, self-confidence and spouse are likely.

After the stellar rise to $20k a year ago, bitcoin has spent all of 2018 in correction mode. Just as the question in 2017 was ‘Where will this top out?’ the burning question today is ‘Where will this end?!’

You can read plenty of technical analysis that points to support around $3,000, $2,500 and potentially a lot lower. What we’re interested in here is that last, convincing move the market makes to the downside at the end of the bear cycle, shaking out the last of the weak hands in a panic of selling and immediate frenzy of buying when the ultimate low is established: Capitulation.

Put simply, the market heads lower, and lower… and then it all-out dives. Traders are taken by surprise, they exit their positions in utter terror, and then – just as quickly – sentiment turns. Fear becomes greed. The movement reverses, with the chart painting a characteristic ‘V’ shape. The lowest prices never last long, perhaps hours or even less, but those who put their buy orders in the right place profit handsomely. So: where will it start, and how deep will that capitulation dive be?

https://cryptoinferno.org/news/a-study-of-capitulation/


[Daily Discussion] Monday, December 10, 2018

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[uncensored-r/BitcoinMarkets] [Daily Discussion] Monday, December 10, 2018

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LTO Network (LTO) Review - Hybrid Blockchain for Decentralized Workflows

https://i.redd.it/xo7gsaj5nf321.png

Click here to read the full review

Blockchain technology has spearheaded the evolution of many industries in recent years and while this is a natural step towards technological advancement, is has sometime been too aggressive, challenging the very foundation of traditional business. Due to this nature, LTO Network found an opportunity to develop a product that can easily integrate in most of the businesses, without disrupting the industries and scaring off potential investors from the traditional space.

LTO Network launches a Hybrid Blockchain for Decentralized Workflows that creates a GDPR compliant B2B blockchain infrastructure, which enables entities to collaborate on equal footing using trust less, automated processes through Live Contracts.

The main scope of the Live Contracts is to automate the process of how business players interact and exchange information, thus a traditional contract or process is split into parts that are comprehensible by both humans and machines, by employing Finite State Machines. Finite State Machines are models of computation that make it possible to visualise the Live Contracts as workflows.

LTO’s architecture is created to serve the logic behind Live Contracts, thus the node system is designed around four layers:

- UI Layer: This consists of UI applications that interacts with the application layer

- Application Layer: This contains all the services that handle actions triggered by events from the event chain

- Private Chain Layer: This takes care of the decoupling of the node. Through the permissionless private chain every decentralized workflow utilises a different miniature private chain. Events are anchored as Proof of Existence on the bottom permissionless public blockchain layer

- Public Chain Layer: This manages the public chain service, with a permissionless public blockchain based on Bitcoin NG that uses the novel Leased Proof of Importance staking to enable functional anchoring

Review Rating

Product | 80%

Use of Blockchain | 85%

Documentation | 85%

Business Model | 88%

Company & Team | 83%

Token Sale | 84%

Final Rating | 84%

LTO network has a very unique role in the blockchain industry, as there is still a missing spot in the regulatory compliance sector, especially with something as complex as the GDPR standard. Their approach is very disruptive as the demand for regulation on the crypto space grows, but it also manages to keep a low footprint on the traditional sector. This ensures a more inclusive way of introducing traditional players to the blockchain technology.

While their main use case is on the decentralized workflow system (which has many fields of application), their solution with the anchoring of partial data on the public chain has the potential to solve many problems that current networks face with privacy and compliance concerns.

We feel that LTO network has the potential to be a successful B2B platform, as they have experience in automating complex structures and workflows through the LegalThings Company. Considering that their MVP has around 70% of the code in production, we believe the team is competent enough to create a unitary product in the near future. Furthermore, they can take advantage of their established partnerships with international companies and institutions, as many of them are already testing the technology on various domains.

LTO has started off on the right foot, and if they manage to deliver a working product within a reasonable time, they will be able to retain a significant market share and quickly gain even more followers.