Tuesday, February 5, 2019

[Daily Discussion] Wednesday, February 06, 2019

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] Wednesday, February 06, 2019

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 (BTC) Transaction Count Has Crypto Community Bullish (current BTC/USD price is $3418.2580368)

Latest Bitcoin News:

Bitcoin (BTC) Transaction Count Has Crypto Community Bullish

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.


I have been running a Bitcoin Core Node and LND node on a raspberry pi for a couple weeks...now I want to start a webstore that accepts bitcoin. Any help where to start?

My fiance makes some really cool seasonal crochet things(she's really good), just for fun. With her permission, and to further my education in the space, I want to start a website that sells these things for bitcoin both on chain and using lightning. Skipping the website development stuff, which I will probably use wordpress for, is there any guide for equipping my site with BTCPAYserver that utilizes my raspberry pi node+LND to process payments(I do not want to use a third party)? Also, would anyone that knows how to do this be willing to be my mentor as I work through the project if I get stuck? Thanks.



Bitcoin Was Total Bubble 95% of Crypto Will Die Painful Death: Bitwise Exec. (current BTC/USD price is $3424.18490709)

Latest Bitcoin News:

Bitcoin Was Total Bubble 95% of Crypto Will Die Painful Death: Bitwise Exec.

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] Wednesday, February 06, 2019

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:


[Altcoin Discussion] Wednesday, February 06, 2019

Thread topics include, but are not limited to:

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

Thread guidelines:

  • 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.

Other ways to interact:


Why Google Data Scientists Are Interested in Ethereum Classic

https://i.redd.it/84yv2if9ive21.jpg

Google’s big-data analytics platform, BigQuery, just quietly added support for Ethereum Classic blockchain searches along with a range of other cryptocurrency networks. This effort will make it easier for technologists to search the blockchain for specific pieces of data.

This move is just one out of many the ETC community is pushing forward this winter to try to boost the niche cryptocurrency’s role in the broader marketplace, where it currently ranks via the CoinDesk Crypto-Economics Explorer as having less than 1 percent of the network activity displayed by bitcoin and just over 3 percent of the comparable developer benchmarks on GitHub.

Brazilian entrepreneur Edilson Osorio Junior, CEO of the blockchain voting and verification startup OriginalMy, told CoinDesk that this BigQuery addition will make it easier for his startup to search for a specific vote or authenticated publication date for a piece of media.

“Retrieving from BigQuery will be so fast, so I don’t need any more to have a local database to be redundant,” Junior said.

Although his company plans to continue operating nodes for their own records, OriginalMy is an anomaly in that it has paying clients like the Brazilian Fintech Association that might require quick queries. Junior said OriginalMy earned $60,000 from such clients in 2018 and is currently participating in the first Ethereum Classic Labs startup accelerator program in San Francisco, which concludes with a demo day in April 2019.

According to Yaz Khoury, director of developer relations at the nonprofit ETC Cooperative, Google’s staff took note of this increased focus on fostering use cases.

“They approached me,” Khoury said of Google, adding that BigQuery support is about “merging the gap between people who are very familiar with the blockchain data structure” and technologists who are more familiar with querying other types of data.

Khoury is already using BigQuery to map out ETC ownership distribution beyond exchanges and the two millionaires who helped grow the ethereum spinoff, ethereum co-founder Charles Hoskinson and Digital Currency Group founder Barry Silbert (full disclosure, DCG is CoinDesk’s parent company).

Now that Khoury said people can search for ETC blockchain data across all of Google Cloud’s BigQuery products – and that hopefully, less-crypto-savvy technologists will experiment on their own as well.

Despite its nascent user base, this Google support comes at a fortuitous time for the ETC community. ETC Labs, funded by the parent company Digital Finance Group, invested $100,000 in six of the projects participating in the inaugural class of the accelerator program.

Kickstarting incubation

OriginalMy previously participated in Google’s Startup Residency Program in 2017. And if the current ETC Labs accelerator goes well, there may soon be other ETC-centric startups with enough user traction to warrant additional invitations for like-minded projects.

ETC Labs director Elizabeth Kukka told CoinDesk the accelerator’s first batch teams of range from pre-seed projects to full-fledged startups seeking Series A rounds. She says the first class of projects is comparable to the more robust ethereum ecosystem fostered by ConsenSys Ventures and its Tachyon incubator program.

The Ethereum Foundation itself, headed by ethereum creator Vitalik Buterin, has been known to donate to the ETC cooperative, promoting synergy between these ecosystems. However, in addition to cross-industry partnerships, the ETC community wants to establish a support system of its own.

As ETC Labs marketing director Dean Pappas put it, the lab aims to join the blockchain research startup IOHK, which is headed by ethereum classic co-founder Hoskinson, as an institutional partner for the community. The lab now employs roughly nine developers focusing on the ETC blockchain, comparable to the way bitcoin-centric firms like Chaincode Labs and Blockstream devote developer resources to purely open-source work.

“Just like we see Blockstream informing most of bitcoin’s development,” Pappas said. “We see ETC Labs trying to be that.”

Pappas added that ETC-centric startups are going to be able to grow faster now that they have a direct line of communication to ETC core developers.

“We think that this cooperation will lead to faster deployment,” Pappas said.

News Source : Coindesk


[Daily Discussion] Wednesday, February 06, 2019

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] Wednesday, February 06, 2019

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] Wednesday, February 06, 2019

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] Wednesday, February 06, 2019

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] Wednesday, February 06, 2019

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] Tuesday, February 05, 2019

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:


Strong Fundamentals: Bitcoin Daily Transactions Return to Bull Run Levels (current BTC/USD price is $3458.18672475)

Latest Bitcoin News:

Strong Fundamentals: Bitcoin Daily Transactions Return to Bull Run Levels

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] Tuesday, February 05, 2019

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] Tuesday, February 05, 2019

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:


On reddit Android app my home feed is always overly populated by /r/btc posts

/r/Bitcoin posts are about half as common but there is a lot more post activity there. Any reason why?

In addition the quality of the posts showing from here are often trash.... usually about bashing btc. Other sub's posts are usually about tech or current events. (Sometimes trash too tho)


Notorious Bitcoin Exchange QuadrigaCX May be Sold to Compensate Crypto Victims for $150m Loss (current BTC/USD price is $3463.5952423)

Latest Bitcoin News:

Notorious Bitcoin Exchange QuadrigaCX May be Sold to Compensate Crypto Victims for $150m Loss

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] Tuesday, February 05, 2019

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:


Anonymity on the blockchain is a MYTH. Bellingcat journalist prove it's very easy to trace Bitcoin transactions.

While blockchains contain personal details ciphered in long alphanumerical strings, thus enabling some types of illegal activities, their absolute anonymity is a myth. Each transaction leaves a digital footprint that can be traced in most circumstances.

Experts from an open-source investigation project Bellingcat provided a spectacular example of how Bitcoin transactions can be traced without the need for special tools or an academic degree in computer engineering.

The team tracked down a Bitcoin transaction specified in Robert Mueller’s indictment of 12 Russian agents published in July 2018. By analyzing the chain of blocks and the open source data, they discovered the Bitcoin address the money was sent from and found other transactions performed from the same wallet.

Source (1)

Source (2)



Incremental Clicker App that makes money as long as the World desires EASY money

Users (Installer) of Blye·Bucks™: Bitcoin Miner understands that bitcoin (points) are theoretical physical currency. Blye·Bucks™ bitcoin (points) work on Community driven Blockchain Networking.

Transactions of Blye·Bucks™ for Services or Goods (Global Currency, Blye·Bucks™, Essential services, ect..) are instant, trusted and between user to user interfaces. All Blye·Bucks™ transaction information are recorded, viewable, and influnced solely by Blye·Bucks™ Bitcoin Miners (user/ installer) on an Open Source Bitcoin protocal Ledger.

[Agree & Continue]

These are loosely a brief outline summery to an app game I've designed. Set to emulate/replicate a bitcoin miner, simplistically disguised as clicker mobile game. The app Blye·Bucks™ would standalone in the app marketplace i feel among a niche market across the board of Financial, Casual, & payment subsets. I'm looking for an individual/team to look at my designs attached and help me with front and back end programming. I state team fully understanding that one can't know everything and many hands make light work. I post my work and designs here in hopes that anyone that wants to be financially free wants the same for others that present the guide to get there. As compensation I'd be willing offer 10-25% of all ad revenue depending on the individual(s) brought on.

"We'd accumulate a community driven by desire to create wealth" a thought I had while incepting this "game". When thinking of how a bitcoin miner works loosely: User owns a machine>machine calculations>generates code>code viewed as currency>User owns code-currency>code-currency is transferable for traditional currency. I devised the game upon similar guide lines: Users a device with app>users generate points through simple click or push function>points generated by community base are given value by prices set through community input>points are sold for traditional currency.

Please reply below with and confusion of my demo guides attached.

Thank you for your time and if you can aid thank you as well

Blye·Bucks™ Bitcoin Miners Demo Here



Trust Machine Blockchain Documentary Screening and Q&A Panel Friday 2/8 at 6:45PM

Are you or someone you know interested in Bitcoin, Blockchain or Cryptocurrencies? This explains the story behind the hype! This is happening at the Dairy Arts Center!
Meetup Link: https://www.meetup.com/Longmont-Business-Strategy-Meetup/events/258705524/
Movie Trailer: https://youtu.be/rMlqIoUVnLo

https://i.redd.it/t4kmq6lruse21.jpg


[Daily Discussion] Tuesday, February 05, 2019

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:


Adam Tracy Discusses Managed Cryptocurrency Wallets

https://www.youtube.com/watch?v=neVI0GZc_S8&t=39s

Cryptocurrency attorney Adam S. Tracy offers guidance on managed crypto wallets.

— —

A former competitive rugby player, serial entrepreneur and, trader attorney, Adam S. Tracy offers over 17 years of progressive legal and compliance experience in the areas of corporate, commodities, cryptocurrency, litigation, payments and securities law. Adam’s experience ranges from commodities trader for oil giant BP, initial public offerings, M&A, to initial coin offerings, having represented both startups to NASDAQ-listed entities. As an early Bitcoin adapter, Adam has promoted growth of cryptocurrency and offers a unique approach to representing crypto-clients. Based in Chicago, IL, Adam graduated from the University of Notre Dame with dual degrees in Finance and Computer Applications and would later obtain his J.D. and M.B.A. from DePaul University. Adam lives outside Chicago with his six animals, which is illegal where he lives.

Primary website: http://www.tracyfirm.com

Twitter: https://twitter.com/TracyFirm

Youtube: https://www.youtube.com/channel/UCVOa...

Linkedin: https://www.linkedin.com/in/adamtracy/

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

Instagram: @adamtracyattorney

Telegram: @adam_tracy

Skype: @adamtracyesq

Email me: at@tracyfirm.com

TRANSCRIPTION:

So manage wallets, you know, you get that phrase — kind of new thing — where individuals want to effectively give another party control of their wallet, and then they’ll invest for them. Well, the problem is if you’re doing that you’re probably triggering some licensure requirement. Bitcoin has obviously been a commodity since 2014 since the CTFC claimed. They haven’t done a lot in of enforcement, but technically it’s a commodity. If you’re managing somebody’s Bitcoin accounts, you’re acting as an unregistered commodities broker. Same with, you know, other coins, especially ICO tokens that are securities. If you’re doing the same thing — managing while taking a commission, right, or taking a percentage of assets under management — then you’re either acting as an unlicensed securities broker or you’re acting as an unlicensed investment advisor. So in each case, it’s problematic. So the managed wallet thing is very very difficult to do. If you want do it, you have to sort of change the way you work on compensation, and it’s got be a flat fee. It can’t be tied to a particular transaction and it shouldn’t pool assets. The custody needs remain with the actual customer, right? And that’s only way to do it. And you can sell, you know, de facto data, right, your investment advisory services, your investment picks, things of that nature, but you can’t work off a commission basis. You can’t work off assets under management basis because again, you know, in my opinion you’re looking like either a commodities broker, securities broker, or investment advisor, and you probably aren’t licensed to act in either capacity.

So what’s the solution, right? What is the solution? You have all these people who want get in. And I get where the sort of managed wallet is a good handling process — it allows people access, right, who otherwise wouldn’t, you know. And that makes sense to me because overwhelmingly, you know, the crypto coiners are younger people who are probably tech-savvy so, you know, use my father as a litmus test, right, I mean he’s seven years old, he’s not going open an account at crack and then start trading. That will never happen. But, you know, conceivably he would be the one who would want access the crypto markets some way. So the managed wallets are all good. There just isn’t a regulatory framework where you can really do that hand-holding, and earn a commission or assets under management like the way you want do it. So the solution really and only, in my opinion, absent having license being affiliated with a license firm or an NFA license firm, is a hedge fund. Right? And you effectively have to go back to this hedge fund model. And the most base level structure for a hedge fund is really no different than what you encounter in equity world. I get this question all the time. What do I need to do? What I need to do? Well, the simplest structure, right, the base level hedge fund structure is to create a limited partnership, which represents the fund. The fund is where people invest, whether it’s in crypto, whether it’s in Fiat, they invest into the fund. And what are they buying? They are receiving a limited partnership unit as pro rata interest in that partnership, right? They are no longer, you know, they’re not purchasing a token. They’re not purchasing stock in company. They’re purchasing a partnership unit, and that partnership is the conduit — the fund, you know, through which the pooled the pooled assets invest in cryptocurrency, whatever the case may be. How that works is that the management company, typically the fund promoter, creates a separate entity like an LLC, and pursuant to an agreement with the partnership which obviously the fund founder sort of negotiates drafts and puts together before soliciting and investors, they are in a return for their work managing that pool funds or that pool of crypto. And that allows you (because is a private transaction, this is private partnership, this is a private offering of securities) it allows you take a percentage of assets under management. Like in a typical equity world, it’s 2% of the assets under management plus 20% of the prophet of the fund. Well in crypto, I’ve seen it go up to like 3–4% of the assets under management per year plus 30–40% of the profits of that fund, and that gets paid to the management company, which is the fund promoter. So it’s a very simple simple thing to do. You got it a limited partnership, typically a limited liability company, management company, a management agreement, operating agreement for the LLC, limited partnership agreement for fund, and then obviously you need some sort of offering memorandum for the the fund investors, because again they’re buying tokens — what they’re buying is a limited partnership unit, which is decidedly an offering of security. Now, obviously that triggers regulation D and the accredited, non-accredited delineation which, you know, I’ll hit on a subsequent video, but you know on the whole right if your objective as wanting to be crypto advisor is predicated upon you earning a percentage of assets under management or a percentage of profit, you know, absent having this license you have to jump in at this hedge fund model because it’s the safest, cleanest, and probably the only truly legal way you can do it. Now obviously, I’ll acknowledge the fact that cryptocurrencies, like Ripple and such, they’re undefined. But the reality is that window is going to close so, you know, I think setting up these funds especially if you do it domestically and even internationally, where you use a country like Nevis or Belize where they have very low cost for formation, you can create a very very basic hedge fund structure, keep yourself legally compliant, avoid acting in an unregistered unlicensed capacity, and still do what you want to do, which is earn maximum profit. And you are allowed to take what is ultimately a very large chunk of profit plus just a straight administrative fee to sort cover your costs associated with it. So if you’re looking to open a fund, give me call — happy to run through it in greater detail. Until then, I’ll talk to you.


8 expert insights on what will happen with Bitcoin in 2019 (current BTC/USD price is $3459.25608431)

Latest Bitcoin News:

8 expert insights on what will happen with Bitcoin in 2019

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] Tuesday, February 05, 2019

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] Tuesday, February 05, 2019

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] Tuesday, February 05, 2019

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 Price at $1800? The Longest Bear Market in History Could End With a Spiraling Collapse (current BTC/USD price is $3468.79594144)

Latest Bitcoin News:

Bitcoin Price at $1800? The Longest Bear Market in History Could End With a Spiraling Collapse

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.


How to reduce Coinbase Fees

Seeing a few people not aware how to buy BTC on coinbase for minimal fees. Figured I'd post this quick and dirty guide. It's saved me a few quid over the last few months. Hopefully you can save some too!

**You buy the bitcoin on coinbase pro, not coinbase.

Deposit GBP onto coinbase.com using a UK bank account. Not using a debit card. It is a bit slower, just so you know.

Transfer GBP balance onto pro.coinbase.com using the deposit button. It'll ask from which wallet, select your Coinbase GBP wallet.

Purchase BTC using GBP on coinbase pro.

Withdraw BTC to your wallet/market **

This really hits the fees hard. Don't think I've paid more than £1. I think I paid about 70p when buying £160. I bought £70 earlier and spent 30p in fees.



[Daily Discussion] Tuesday, February 05, 2019

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:


In light of yesterday's event where bitcoin investors lost millions after a single person died: We need to start seeing wills and testaments on the blockchain

https://www.nasdaq.com/article/blockchain-technology-estate-planning-and-resting-place-management-cm970777

[Daily Discussion] Tuesday, February 05, 2019

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] Tuesday, February 05, 2019

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:


An investor’s guide to cryptocurrencies: 5 things you need to know about Bitcoin

https://dsx.uk/blog/an-investors-guide-to-cryptocurrencies-5-things-you-need-to-know-about-bitcoin

Navigating Bitcoin, Ethereum, XRP: How Google Is Quietly Making Blockchains Searchable

It’s a balmy 80 degrees on a mid-December day in Singapore, and something is puzzling Allen Day, a 41-year-old data scientist. Using the tools he has developed at Google, he can see a mysterious concerted usage of artificial intelligence on the blockchain for Ethereum. Ether is the world’s third-largest cryptocurrency (after bitcoin and XRP), and it still sports a market cap of some $11 billion despite losing 83% of its value in 2018. Peering into its blockchain—the distributed database of transactions underpinning the cryptocurrency—Day detects a “whole bunch” of “autonomous agents” moving funds around “in an automated fashion.” While he doesn’t yet know who has created the AI, he suspects they could be the agents of cryptocurrency exchanges trading among themselves in order to artificially inflate ether’s price.

“It’s not really just single agents doing things on their own,” Day says from Google’s Asia-Pacific headquarters. “They’re forming with other agents to have some larger group effect.” 

Day’s official title is senior developer advocate for Google Cloud, but he describes his role as “customer zero” for the company’s cloud computing efforts. As such it’s his job to anticipate demand before a product even exists, and he thinks making the blockchain more accessible is the next big thing. Just as Google enabled (and ultimately profited) from making the internet more usable 20 years ago, its next billions may come from shining a bright light on blockchains. If Day is successful, the world will know whether blockchain’s real usage is living up to its hype.

Processing img eajzi63wcre21...

Last year Day and a small team of open-source developers quietly began loading data for the entire Bitcoin and Ethereum blockchains into Google’s big-data analytics platform, BigQuery. Then, with the help of lead developer Evgeny Medvedev, he created a suite of sophisticated software to search the data.

In spite of a total lack of publicity, word of the project spread quickly among crypto-minded coders. In the past year, more than 500 projects were created using the new tools, trying to do everything from predicting the price of bitcoin to analyzing wealth disparity among ether holders. 

When it comes to cloud computing, Google is far behind Amazon and Microsoft. Last year Google pocketed an estimated $3 billion in revenue from cloud ser­vices. Amazon and Microsoft, meanwhile, generated about $27 billion and $10 billion, respectively.

Day is hoping that his project, known as Blockchain ETL (extract, transform, load), will help even the playing field. But even here Google is trying to catch up. Amazon entered blockchain in a big way in 2018 with a suite of tools for building and managing distributed ledgers. Microsoft got into the space in 2015, when it released tools for Ethereum’s blockchain. It now hosts a range of services as part of its Azure Blockchain Workbench. But while Amazon and Microsoft are focusing on making it easier to build blockchain apps, Day is focusing on exposing how blockchains are actually being used, and by whom. 

“In the future, moving more economic activity on chain won’t just require a consensus level of trust,” says Day, referring to the core validating mechanism of blockchain technology. “It will require having some trust in knowing about who it is you’re actually interacting with.” In other words, if blockchain is to go mainstream, some of its beloved anonymity features will have to be abandoned.

A native of Placer County, California, Day got his first computer at the age of 5 and a few years later started writing simple programs. A fascination with volcanoes and dinosaurs turned his interest to life sciences, and he ultimately graduated from the University of Oregon with a dual degree in biology and Mandarin in 2000. From there he headed to UCLA to pursue a doctorate in human genetics and helped build a computer program to browse the genome.

It was at UCLA where Day began relying on distributed computing, a concept that is core to blockchains, which store their data on a large network of individual computers. In the early 2000s Day needed to analyze the massive amounts of data that make up the human genome. To solve this problem he hooked many small computers together, vastly increasing their power. 

 “Distributed-systems technology has been in my tool kit for a while,” Day says. “I could see there were interesting characteristics of blockchains that could run a global supercomputer.”  

Hired in 2016 to work in the health and bio­informatics areas of Google, Day segued to blockchains, the hottest distributed-computing effort on the planet. But the talents he had honed—sequencing genomes for infectious diseases in real time and using AI to increase rice yields—were not easily applied to decoding blockchain. 

Before Day and Medvedev released their tools, just searching a blockchain required specialized software called “block explorers,” which let users hunt only for specific transactions, each labeled with a unique tangle of 26-plus alphanumeric characters. Google’s Blockchain ETL, by contrast, lets users make more generalized searches of entire ecosystems of transactions.

To demonstrate how customers could use Blockchain ETL to make improvements to the crypto economy, Day has used his tools to examine the so-called hard fork, or an irrevocable split in a blockchain database, that created a new cryptocurrency—bitcoin cash—from bitcoin in the summer of 2017.

Processing img ihfvlrn9dre21...

This particular split was the result of a Hatfield and McCoy “war” within the bitcoin community between a group who wanted to leave bitcoin as it was and another who wanted to develop a currency that, like cash, was cheaper and faster to use for small payments. Using Google’s BigQuery, Day discovered that bitcoin cash, rather than increasing so-called micro-transactions, as the defecting developers claimed, was actually being hoarded among big holders of bitcoin cash. “I’m very interested to quantify what’s happening so that we can see where the legitimate use cases are for blockchain,” Day says. “Then we can move to the next use case and develop out what these technologies are really appropriate for.”

Day’s work is inspiring others. Tomasz Kolinko is a Warsaw-based programmer and the creator of a service that analyzes smart contracts, a feature of certain blockchains that is designed to transparently enforce contractual obligations like collateralized loans but with less reliance on third parties, like lawyers. Kolinko was frustrated with his blockchain queries.

In December, Kolinko met Day at a hackathon in Singapore. Within a month of the meeting, Kolinko was using Google’s tools to search for a smart contract feature called a “selfdestruct,” designed to limit a contract’s life span. Using his own software in conjunction with Day’s, Kolinko took 23 seconds to search 1.2 million smart contracts—something that would have taken hours before. The result: Almost 700 of them had left open a selfdestruct feature that would let anyone instantly kill the smart contract, whether that person was authorized or not. “In the past you couldn’t just easily check all the contracts that were using it,” Kolinko says. “This tool is both the most scary and most inspiring I’ve ever built.” 

Day is now expanding beyond bitcoin and ethereum. Litecoin, zcash, dash, bitcoin cash, ethereum classic and dogecoin are being added to BigQuery. Independent developers are loading their own crypto data sets on Google. Last August, a Dutch developer named Wietse Wind uploaded the entire 400 gigabytes of transaction data from Ripple’s XRP blockchain, another popular cryptocurrency, into BigQuery. Wind’s data, which he updates every 15 minutes, prompted a Danish designer named Thomas Silkjaer to create a heat map of crypto flows. The resulting colorful orb reveals at a glance more than a million crypto wallets, including big ex­changes like Binance and London’s crypto debit card startup Wirex, which are neck deep in XRP transactions. 

“Google has been a bit of a sleeping giant in blockchain,” says BlockApps CEO Kieren James-Lubin, who is partnering with Google to sell enterprise blockchain apps. In addition to Day’s work, Google has filed numerous patents related to the blockchain, including one in 2018 to use a “lattice” of interoperating blockchains to increase security, a big deal in a world where untold millions of crypto have been stolen by hackers. The company is also pushing its developers to build apps on the Ethereum blockchain, and Google’s venture arm, GV, has made a number of significant investments in crypto startups. 

The giant, it seems, is waking up.

Reach Michael del Castillo at mdelcastillo@forbes.com. Cover image by Munshi Ahmed. 

https://www.forbes.com/sites/michaeldelcastillo/2019/02/04/navigating-bitcoin-ethereum-xrp-how-google-is-quietly-making-blockchains-searchable/#5105408f4248



Guaranteed Carding Guides {Updated}

Hello, there this is Mr.Gwydion:

We are solid. We have been selling Quality Guides at Affordable Prices Daily,for over 1 year now.

How do we do it?

Its very simple: we buy expensive Guides at DNM and sell them here for $10.

Allowing you to access expensive guides at an affordable price.

Its good buiness for both sides.



The Complete Carding Manual for Beginners

Original Price: $50

Our Price: $10

Buy it Now: http://satoshibox.com/rrphkjf6qh2pt7phc82yxcib

How to really secure your connection, your laptop, etc (OpSec). Also how to create and use Fulls/Bank Drop Accounts and how to get them. Specific and unique resources. Learn to Cash Out Your CVVs. SOCKS/RDPS and why we use them Finding Cardable Websites. Everything Explained in super detail in 105 pages.



Virtual Carding for Beginners - 2019

Original Price: $40

Our Price: $10

Buy it Now: http://satoshibox.com/vugquezqi7icntnmq3qv5ker

A guide for newbies, new members and moderate experienced guys. Some of the informations inside might blow the minds of some PRO carders around here, (as I already had the chance to do with some of the informations revealed inside) but is written so a newbie would understand it and can put it to work in 5 minutes after the last word from the guide. You will find 30 pages of pure quality information.



How to Use Stolen CCs To Buy Bitcoin Through Skrill

Original Price: $55

Our Price: $10

Buy it Now: http://satoshibox.com/qtixtcc6d868a75vfb4csmeb

You will learn how to use a stolen credit card to buy Bitcoin! First go to any number of Darknet Markets and buy yourself a credit card. The CC information will run you somewhere between $6 and $20 depending on BIN, Location, Seller, ETC. Next step: Buy BTCs with this information(you are also going to have to have a complete identity profile: A Fullz.) As you can see, its easy, just a few steps... You will know how to do it by yourself after read this Guide.



PayPal Cashout Guide through Localbitcoins

Our price:$10

Buy it Now: [http://satoshibox.com/cdrrbhqo64bv5p57ggbmppz4]

This guide explains how to cash out both US and worldwide CVVs using two well-known payment processors, PayPal. Funds deposited into the accounts are then exchanged for cash, hard currency, Bitcoin or alternative cryptocurrencies, or deposited into an E-TRADE Brokerage account acting as our bank drop.



Bank Drop Creation and Cashout Guide

Original price: $60

Our Price: $10

Buy it Now: http://satoshibox.com/6x67ebi2p53b4td8xfoqoy4w

WORKS WORLDWIDE! You don't have to be from US! What you will find inside: A to Z on computer setup for opening Bank Drops. (and not only, you can use this for PayPal Fraud/Stripe/Skrill/Venmo, etc.) A to Z on how to open 4 different Brick and Mortar Bank Drops. ( And when I say A to Z i really mean it!) All resources and information on how to handle them without freezing the accounts, connecting them to Payment Processors. All resources needed to get to a cost of $11 / Bank Drop. Scan resource that will pass any verification 90% of time.



Stripe Payments Setup and Cashout Guide V2.0

The smart way to cashout all your CCs

Original price: $95

Our Price $10

Buy it Now: http://satoshibox.com/pr6bvh4quhg5wrs3zjac7ijz

I'll show you here a technique that I personally used and that works since early 2018. Because this guide is intended for noobs in first place, I'll explain this method for getting to two days payout on Stripe and make at least $3k-$5k per setup. You will receive here not only information on how to setup, but most important, why do it like I sayit and not any other way.



How to buy from us?

It is completely Safe and Easy to buy from us.

When clicking the link you go to Satoshibox: an Old and Reliable Platform for Selling Digital Content for Bitcoin. (Guarantee that you will receive what you are paying for).

It's all done in 2 Simple Steps:

1 - You click on the button ¨buy for $10¨ and choose which crypto you want to pay with: Bitcoin, Litecoin, Bitcoin Cash, Monero, Dash, Dogecoin and ethereum!

2 - They will show you on screen an address to deposit the coins. As soon as you deposit it the Download will be automatically released.

E-mail: [mrgwydion@protonmail.com](mailto:mrgwydion@protonmail.com)

Wickr: gwydion

Jabber: [MrGwydion@jabb3r.de](mailto:MrGwydion@jabb3r.de)





[Daily Discussion] Tuesday, February 05, 2019

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:


A Major Canadian Bitcoin Exchange Has A Big Problem (current BTC/USD price is $3470.86814391)

Latest Bitcoin News:

A Major Canadian Bitcoin Exchange Has A Big Problem

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] Tuesday, February 05, 2019

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:


[For Hire] Very experienced developer for mobile/desktop/web application, blockchain, game, using C++, Python, JavaScript, PHP, Java, C#, and more

I have been a professional programmer for 19 years and have worked in several large global gaming companies for more than 12 years. And I created several open source projects.

Looking for professional high quality development with moderated cost? Contact me.

You can find more information and contact information on my personal website https://www.kbasm.com

I can do

  • Tools and utilities development. Web scrappers, automation tools.
  • Develop web front and back end using PHP, Laravel, JavaScript, MySQL, HTML5, jQuery, Bootstrap.
  • Develop applications, utility tools, games for desktop (Windows, Linux) and mobile.
  • Cryptocurrency and blockchain related technologies.
  • Programming mentor and consultant.

My portfolio

  • I created eventpp library. It's a C++ library for event dispatcher and callback list.
  • I created eventjs library. It's a JavaScript library for event dispatcher and callback list (a sister library of eventpp).
  • I created cpgf library. It's a very complicated open source cross platform C++ library that adds reflection, serialization and script binding to standard C++.
  • I created Gincu library. It's an open source 2D cross platform game engine written in C++ and cpgf.
  • I created Jincu library. It's an open source 2D game engine and framework written in JavaScript ES6.
  • I created markdown utilities. It's a collection of Perl scripts to manipulate markdown files.
  • I developed my personal website and the blogging system on https://www.kbasm.com from scratch

My technology stack

  • Cross platform C++ (very experienced), Boost, Qt5, wxWidget, etc.
  • Python 2/3
  • PHP (Laravel), MySQL, JavaScript (jQuery, ES6, ReactJs), Bootstrap, Semantic UI
  • Java, C#
  • Perl

My advantages

  • I'm reliable. I keep my promise. I do my best to finish your job.
  • I'm affordable. My price is only a fraction of a Silicon Valley programmer in the US who is equally qualified.
  • I produce high quality result. I pursue high quality in both code and products.
  • I am very experienced and professional. I have been developing software and games since 2000 and have been learning C + + since 1995.

Communication methods I prefer to

I prefer communicating via Skype, Discord, or other IM tools, or email, preferably texting.

Payment methods

TransferWise is preferred.
I accept Paypal, you need to pay 4.5% transaction fee.
Bitcoin is acceptable but not preferred, and I require 10% premium to avoid any market crash.
For fixed price project, I prefer 50% upfront, 50% after I finish the project and before I send you the final product/code. Negotiable.

Hours I can work

Depending on the project, I can work about 10~20 hours each week.

Where am I

I work remotely. I live in Beijing, China, GMT+8.

My fee and rate

I charge a fixed fee for each project.
My general fee is far lower than a senior developer with my experience level in the US Bay Area, but also don't expect my fee is as low as a middle level developer from other low end freelancer sites.
Approximate fee for typical projects, in USD

  • Trivial - small projects: 3-4 figures
  • Small - medium projects: 4-5 figures
  • Medium - Large projects: 5 figures and more

The fee varies depending on the project type and the technology, and negotiable.

You get more than what you pay for

If you are looking for high quality development and don't want to waste your time and money, contact me, you will get very good results for your money.

To contact me, either PM me on Reddit, or contact me on my personal website https://www.kbasm.com


[uncensored-r/BitcoinMarkets] [Daily Discussion] Tuesday, February 05, 2019

The following post by AutoModerator 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/anab7j

The original post's content was as follows:


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] Tuesday, February 05, 2019

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:


Bitbook is the world’s leading blockchain platform for online gambling. Play with bitcoin for sports events and casino games. And cashout you bitcoins.

No text found

[Daily Discussion] Tuesday, February 05, 2019

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:


02-05 09:12 - 'Here’s why Square’s Cash App is the most SECURE way to buy BTC (and why you should STOP using Binance, Coinbase, Bitfinex etc)' (self.Bitcoin) by /u/xav-- removed from /r/Bitcoin within 315-325min

'''

After seeing crypto exchange after crypto exchange getting hacked... I wanted to write the following.

So here’s my top #3 reasons why Square’s Cash App is much, much more secure than any other exchange right now (at least centralized exchange):

  • Reason #1: Square has a $30 billion market cap. Did you read this? 30 FREAKING BILLION

    • Reason #2: Square is very well capitalized. Total assets: $2.3 billion. Of those assets, $850 Million is cash. What about their equity? $800 million.

And you know why they are well capitalized? Because they aren’t a freaking bank like a Crypto exchange. They are a payment processing company. They are just doing BTC on the side.

I don’t know the balance sheet of coinbase or Bitfinex, but there is no way that you are going to see that kind of leverage. Expect more likely $1 of equity for every $10 of crypto. Square probably has more like $10 of equity for every $1 of crypto.

  • Reason #3: what do you think Square exposure to bitcoin is? First quarter last year: $30 million in BTC sales. It’s freaking negligible! They probably have maybe $100 or $200 million in total BTC exposure. That’s nothing for them.

And that’s my point with Square.... their Bitcoin is pocket change for them. They are like Coinbase with a proper insurance. They would probably lose more money in PR relation from having their BTC stolen than by the hack itself.

I doesn’t seem conceivable to me that bitcoin holders would not get their BTC back in the event of a hack.

That in my opinion is what makes Square by very far the more secure way to buy BTC (at least as a centralized exchange).. their BTC is pocket change to them!!!

I would highly recommend those who keep their BTC on exchanges to simply use them.

Not to mention: - NO SHITCOIN - just BTC! - Jack Dorsey is a Bitcoin maximalist

[link]1

...disclaimer: Square’s Cash App is only available in the US I believe :(

'''

Here’s why Square’s Cash App is the most SECURE way to buy BTC (and why you should STOP using Binance, Coinbase, Bitfinex etc)

Go1dfish undelete link

unreddit undelete link

Author: /u/xav--

1: *o*tu.be/***1Wi42E9E

Unknown links are censored to prevent spreading illicit content.


[uncensored-r/Bitcoin] Here’s why Square’s Cash App is the most SECURE way to buy BTC (and why you should STOP using Bin...

The following post by xav-- is being replicated because the post has been silently removed.

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

np.reddit.com/r/ Bitcoin/comments/ana5f9

The original post's content was as follows:


After seeing crypto exchange after crypto exchange getting hacked... I wanted to write the following.

So here’s my top #3 reasons why Square’s Cash App is much, much more secure than any other exchange right now (at least centralized exchange):

  • Reason #1: Square has a $30 billion market cap. Did you read this? 30 FREAKING BILLION

    • Reason #2: Square is very well capitalized. Total assets: $2.3 billion. Of those assets, $850 Million is cash. What about their equity? $800 million.

And you know why they are well capitalized? Because they aren’t a freaking bank like a Crypto exchange. They are a payment processing company. They are just doing BTC on the side.

I don’t know the balance sheet of coinbase or Bitfinex, but there is no way that you are going to see that kind of leverage. Expect more likely $1 of equity for every $10 of crypto. Square probably has more like $10 of equity for every $1 of crypto.

  • Reason #3: what do you think Square exposure to bitcoin is? First quarter last year: $30 million in BTC sales. It’s freaking negligible! They probably have maybe $100 or $200 million in total BTC exposure. That’s nothing for them.

And that’s my point with Square.... their Bitcoin is pocket change for them. They are like Coinbase with a proper insurance. They would probably lose more money in PR relation from having their BTC stolen than by the hack itself.

I doesn’t seem conceivable to me that bitcoin holders would not get their BTC back in the event of a hack.

That in my opinion is what makes Square by very far the more secure way to buy BTC (at least as a centralized exchange).. their BTC is pocket change to them!!!

I would highly recommend those who keep their BTC on exchanges to simply use them.

Not to mention: - NO SHITCOIN - just BTC! - Jack Dorsey is a Bitcoin maximalist

https://youtu.be/G6q1Wi42E9E

...disclaimer: Square’s Cash App is only available in the US I believe :(


[Daily Discussion] Tuesday, February 05, 2019

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:


The Crucible of Privacy: Why Decentralised Exchange Is the Only Way

Decentralization is a core principle of blockchain-based technology. It’s the most important and unique property of the many cryptocurrencies that have launched since the birth of Bitcoin. Decentralization facilitates a move away from centralized control and differentiates crypto from government-backed fiat currencies. It is the crucible of security and privacy. So why, if this concept is so important to the foundations of the crypto ecosystem, are the overwhelming majority of cryptocurrencies traded on centralized exchanges?

What’s the Attraction?

The immediate benefits of centralized crypto exchanges are clear. The most popular centralized exchanges are generally easy to use and provide liquidity for a large number of coins.

For many people, the idea of taking those first tentative steps into crypto can be daunting. The media is rife with horror stories — from ICO scams to illicit marketplaces. So, when it comes to trading, it’s not surprising that most users automatically go for the easiest option.

Think about it for a minute. Most users probably have no experience trading fiat currencies, let alone digital assets.

In general, centralized exchanges make it easy for users to trade crypto and the larger ones rarely suffer from liquidity issues. Sadly, the same can’t be said for first-generation decentralized exchanges (DEXs).

But despite these benefits, centralized exchanges are fatally flawed. As well as making it difficult for users to trade privately, they require users to entrust their funds to a third-party, and as a result, the creation of a single point of failure, making centralized exchanges a prime target for hackers.

In recent years, hundreds of millions of dollars worth of cryptocurrency has been stolen by cybercriminals and malicious insiders. In my opinion, the benefits of centralized exchanges do not outweigh these inadequacies.

Understanding the Fatal Flaw

The number one problem with centralized exchanges is security. The list of massive hacks is constantly growing and it’s users that face the consequences.

We’ve already witnessed the first major hack of the year after Cryptopia lost $16 million in ethereum and ERC20 coins. The problem is this isn’t an isolated incident. Here’s a little reminder of some of the others.

In 2014, $470 million worth of bitcoin was stolen from Mt. Gox, while two years later, $72 million worth of bitcoin went missing from Bitfinex. These are two well-publicized events. But there have been many more.

Centralized exchanges force users to hand over their funds to a third party so trades are always overseen by a middleman. Not only does this go against a fundamental principle of cryptocurrency, but it leaves user funds vulnerable to theft.

As history has shown us when an exchange doesn’t have the security measures in place to protect its users, this is exactly what happens. With a centralized system, it only takes one mistake to jeopardize the security of every user.

DEXs tackle this issue head-on. They eliminate the security flaws that plague centralized exchanges by allowing users to trade safely, peer-to-peer (P2P). There is no middleman and users are never required to relinquish control of their funds. Assets aren’t kept on the exchange so there is no longer a single point of failure.

Privacy Is Not a Priority

Privacy is a human right but one that many centralized exchanges don’t appear to uphold. Users are required to share personal data with the exchange and every time they complete a transaction the details of it are recorded.

Anyone with administrative access to an exchange can identify the individuals sending and receiving payments. This trading data could be taken by malicious persons and sold on, or used in other unethical or criminal activity.

The first-wave of decentralized exchanges, although not perfect, did provide a greater deal of privacy. The absence of a registration process or a centralized authority meant trading data was neither shared nor stored, while the P2P trading mechanism took away the possibility of a crooked middleman abusing user information.

Decentralized exchanges tackle the key issues that afflict their centralized counterparts, but it would be wrong of me to claim they didn’t require improvement.

New Wave DEXs

The next generation of DEX platforms need to develop ways to tackle the issues that have held back their predecessors.

Firstly, there’s liquidity. Users need to know that if they log on to an exchange with currency to buy or sell, there will always be someone at the other end prepared to trade with them.

Although privacy has, by default, entered into the DEX debate, more needs to be done to give users the option to trade in private.

Finally, and most importantly, it’s vital that DEXs offer a fluid, simple user experience. Before now, DEXs were platforms designed by experienced users for other experienced users. If DEXs are to succeed, and reinstate decentralization as the driving force behind crypto trading, then they need to attract novice users too.


[Daily Discussion] Tuesday, February 05, 2019

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:


$100 bucks to start another income stream.

Howdy,

I know people think cryptocurrencies are ded af. But it's far from it.

They bottomed out, this is correct.

But if you think you've missed the hype, you're missing out again.

While everyone was mourning the 80% drawdown of Bitcoin over the last year (which was obvious, if you know ANYTHING about markets) the space kept building.

Lots of people are making passive income with it.

There are multiple sources within crypto to do so:

  • Staking
  • Mining
  • Masternodes
  • Trading bots
  • Referrals

I'm in this space for 2 years now, so I decided to give my knowledge to people. I solely make passive income with crypto. I don't trade or any of that shit. Way too much work. I set up my sources once and let the money rain in.

You can start a profitable trading bot with $100. I did it. Obviously, more money means more profit, you know the drill. But the notion you need 5k to make money in crypto is just wrong.

Check out my course where I put in a step-by-step guide on how to set up these sources. How much money you need, how high the risk is, and how long it'll take.

Use the code "HALFOFF" to get it, well, half off.

https://digitalexander.com/passivewincome

For social proof, check out my Twitter https://twitter.com/cryptAlexG

And prepare for 2020 when the next Bitcoin halving is happening. That will bring another surge in price (classic supply and demand principle)