Monday, April 15, 2019

[Daily Discussion] Tuesday, April 16, 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.
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[Daily Discussion] Tuesday, April 16, 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:


Crypto Prices Fall as U.S. SEC Cracks Down on “Misleading” ETF Names

Cryptocurrency prices fell on Tuesday in Asia as the U.S. Securities and Exchange Commission (SEC) cracked down on ETF names that could be misleading investors.

Bitcoin declined 2% to $5,048.9 by 11:28 PM ET (03:28 GMT). Ethereum lost 4.2% to $161.29, XRP slipped 1.9% to $0.31919 and Litecoin was down 5.6% to $78.433.

The SEC has found in multiple occasions that “blockchain” was misleadingly used in some funds’ names and will now refuse the term to be mentioned in the title of any fund.

“Issuers are prohibited from using “materially deceptive or misleading” names under the Investment Company Act of 1940,” the SEC said.

In other news, Corporate Traveller, the largest travel management firm in the U.K., will now accept Bitcoin as a payment method, according to a press release on April 15.

“We identified an increasing demand from our clients for the option to pay in bitcoin for business travel bookings made by our travel consultants. We chose BitPay to manage our merchant processing because they make it easy and handle the entire process of getting the Bitcoin or Bitcoin Cash from the customer and depositing cash into our account,” the company said.

Elsewhere, French Finance Minister Bruno Le Maire said on Monday that France will ask the European Union to adopt a regulatory framework it approved last week.

"I will propose to my European partners that we set up a single regulatory framework on crypto-assets inspired by the French experience," Le Maire said in Paris at an event on blockchain technology. "Our model is the right one."

A financial sector law that included regulations aimed at encouraging cryptocurrency issuers and traders to set up in France by giving them some official recognition was approved in France last week.

Currently, cryptocurrencies are still largely unregulated or banned in most countries.

https://i.redd.it/ns9rc8rwqjs21.png


[Daily Discussion] Tuesday, April 16, 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.

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[Daily Discussion] Tuesday, April 16, 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.

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[Altcoin Discussion] Tuesday, April 16, 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.

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[Daily Discussion] Tuesday, April 16, 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.

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LinkEye Monthly Report-March 2019

Success depends on how much you have overcome and how much you have experienced.

LinkEye founder Xu Lei

Significant progress

1.LinkEye public chain added dynamic.config file, used to dynamically load chain parameter information, so that you do not need to restart the service when modifying parameters.

2.The public chain light mode is under development, the current progress is 10%.

3.“Easy-Mining”launched Bitcoin miners hedge program.

  1. LinkEye Community “Spring Breeze Welfare & Red Envelope” activity.

  2. There are 3 new member institutions in the Prism blacklist platform, and 32 are currently signed.

Halo World

  1. Repair bugs and update enterprise certificates.

  2. Dealer system was optimized.

  3. In order to help miners avoid the currency price risk, launched a hedging program tailored for miners.

  4. As of March, the number of dealers who dig the platform has reached 5, and 2 dealers have come to the company headquarters this month to visit, communicate and cooperate.

  5. This month, 94 new bitcoin mining machines(Antminer S9i) were added, and currently 1,149 Bitcoin Mining machines were managed.

6, “Easy-Mining” dealer system has been online, please contact Linkeye customer service for details.

Prism

  1. The data query platform runs stably.

  2. There are 3 new member institutions in the prism blacklist platform, and currently 32 contracting organizations.

  3. New data integration platform to achieve profitable operations.

Community

1.The LinkEye community held the “LinkEye Spring Breeze Welfare” event from 12th March to 15th March.

The total number of participants is 227 and the number of interactions is 376.

First Prize: LinkEye Commemorative Gift Box (10 copies)

Second prize: LinkEye custom clothing (38 copies)

Third Prize: LinkEye Tote Bag (43 copies)

Fourth prize: 3 silver coins (90 copies)

2.The LinkEye community held the “LET Red Envelope” activity from 12th March to 15th March.

The total number of participants is 237, with a total of 50,000 LET.

3.LinkEye (LET) The first phase of the lockout program has been unlocked, add the official WeChat assistant (Linkeye01) to complete the coin.


[Daily Discussion] Tuesday, April 16, 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, April 16, 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] Monday, April 15, 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] Monday, April 15, 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] Monday, April 15, 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] Monday, April 15, 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] Monday, April 15, 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] Monday, April 15, 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] Monday, April 15, 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:


#Perucoin Long term Objective

#Perucoin Long term Objective:

Create a crypto ecosystem in Peru, powered by conferences, events, lectures and branding.

https://i.redd.it/b7zm4ybwkgs21.png

#peru #bitcoin #cryptocurrecny #blockchain #conferences #events #lectures#branding


[Daily Discussion] Monday, April 15, 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:


Canadian Reseller for VaderStreams

High quality service at a great price. 5 concurrent connections at the same time with only 1 subscription. Any combination of MAC and M3u type devices.

Our APK allows users to manage their own MAC addresses as well as categories that you see during play.

Works on almost all devices from IOS, Android, Windows, MACs.

For the sports fanatics out there our MatchCenter section is going to be your home. Nicely organized section in our apk and website where you can easily see all the sporting events in one central location. Within our website MatchCenter allows you to watch up to 4 games at once.

Activation can be done within 15mins of payment being received. No waiting 24 hours for your email to get processed.

Prices are quoted in Canadian dollars.

  • $18 monthly
  • $51 for 3 months
  • $96 for 6 months

Payment Options......

  • e Transfer
  • Bitcoin (btc)
  • PayPal (must use Friends and Family option).

For customers service I normally reply within the hour.

Trials are available but are NO LONGER FREE. Too many people where abusing them. Trials will now be $3 and are good for 1 day. If you go with a sub, the charge will be deducted from the total amount.

Referral program, for every 2 people you refer, your monthly subscription price will be $1 less. No limit to that so if you refer enough your subscription will be free.

Any questions please feel free to msg me.


[Daily Discussion] Monday, April 15, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
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  • Quick questions that do not warrant a separate post

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Satoshi Nakamoto is the famous inventor of Bitcoin, yet he remains annonymous. Which are some examples of real "known" people (IN THE PAST AND NOT OVER THE LAST 20 YEARS!!!!) who's identity was NEVER revealed but we know they existed and had a relevant impact in history?

The background of this question is self explanatory.

It is almost like, which technologies or more likely event have turned out into a great impact in history by people who remained anonymous forever?

I can think of the chinese man in Tiangman square (probably misspelled by me, sorry) and although that makes a cute pic, I do not know if it actually changed anything.

The Bitcoin guy has changed a lot.

I think the assassin who started WWI was known, what if he was not?

There is a russian guy responsible for not launching a nuclear attack, we know.

Back to the question, what has happen in history that we know "someone" did something and the result had a huge positive or negative or neutral-still-huge outcome in history?

English is not my mother language but if you get my drill, my bet is that some comments might turn out really interesting.


Compile the original Bitcoin SV version 0.1.1 node and get control over your private keys - Beginner’s guide - Difficulty level: 2/5

https://medium.com/@CryptoRonny/funds-are-safu-35637dc0cb2e

10betjapan.com - operator offering sportsbetting & casino games now accepts BTC

With years of experience in online sports betting, 10BetJapan has grown into a leading bookmaker in the iGaming industry offering the best odds and services to the Japanese market. 10BetJapan is an all-in-one platform providing state-of-the-art betting solutions in terms of sports betting, slots, and live casinos. From the abundant selection of games to an entertaining atmosphere with new features and games looming around the corner, 10BetJapan is an ultimate iGaming conglomerate. Built and supported by the region’s best software experts, 10BetJapan offers the best, secures, and most disruptive online gaming experience.

https://i.redd.it/zfhevl72rfs21.jpg

We offer the following:
Wide number of leagues, types of bets, number of live bets
High ceiling (maximum £ 100,000 per event)
Bet style unique to 10Betjapan.com 
Easy transaction by various payment methods (BTC included) 
Quick refund

The online casino platform of 10Bet Japan offers a full portfolio of first-class casino games from leading gaming suppliers like Evolution Gaming, Asia Gaming and Gameplay Interactive. In the Casino section you can find more than 500 slots and 50 table and card games developed by the best suppliers in the industry – Play’n GO, NetEnt, Pragmatic Play, Microgaming, iSoftBet, BigTimeGaming and more.

More than 50 sports such as football, tennis, basketball, baseball, volleyball, with over 20,000 in-play matches a month and more than 2,000 proprietary betting markets are available at hand.

SportsBetting - More than 50 sports with over 20,000 in-play matches
Casino - More than 500 slots and 50 table and card games

10BetJapan has been known in the Japanese market for an abundance of payment methods, most notable being Visa, Mastercard, JCB, Venus Point, and SticPay, however with the implementation of Bitcoin players can now rip the benefits of fast and immutable transactions, secure environment, and a much safer ecosystem. Players who want to place a last-minute wager can now easily deposit Bitcoin in a matter of minutes, and fill-in their balance before the event has even started. The top performing games such as Baccarat and Roulette from Live Casino; Moon Princess, Wolf Gold and Vikings from Slots are now available to crypto players.

Bitcoin deposit funnel is very user-friendly, straightforward, and popular amongst casino enthusiasts. Players need to select the desired amount they would like to deposit and send over the given amount in BTC via the unique address provided by their payment solution partners. Once the payment has been confirmed, the BTC will be converted into the desired fiat currency (EUR, GBP, USD, and JPY) and displayed on the player’s balance in less than no time. The back-end software responsible for running a game thereby doesn’t have to be adapted so as to work with BTC in any way.

BTC PROMOTIONS

CASINO

100% up to 300mBTC bonus + 150 Free Spins

For Deposit Bonus

3 steps: 100% up to 50mBTC, 75% up to 100mBTC, 50% up to 150mBTC

Codes: BTC100, BTC75, BTC50

Wager multiplier: 20x deposit and bonus amount (Example: If you deposit 10mBTC with code BTC100, you need to wager (10mBTC+10mBTC) x 20 = 800mBTC in order to withdraw)

Min deposit to get the bonus: 2mBTC ($10)

https://i.redd.it/uaa0caaarfs21.png

Maximum bet: 1mBTC ($5)

Maximum bonus amount: 300mBTC

Duration: 15 days

For Free Spins

150 Free Spins (50 Free Spins x 3 deposit bonuses used)

Min deposit to get the free spins: 2mBTC ($10)

Activation: after deposit bonus completion

Wager multiplier: 35x

Maximum win from the free spins bonus 15mBTC ($50)

Duration: 15 days

SPORTSBETTING

100% up to 30mBTC bonus + 5mBTC Free Bet

For Deposit Bonus

100% up to 30mBTC

Code: MBTC100

Min deposit to get the bonus: 5mBTC ($20)

Activation: rollover the deposit once on bets with odds 1.60 or above

Wager multiplier: 8x deposit and bonus amount (Example: If you deposit 10mBTC, you need to wager (10mBTC+10mBTC) x 8 = 160mBTC in order to withdraw)

Maximum bonus amount: 30mBTC

Duration: 90 days

For Free Bet

5mBTC Free Bet

Min deposit to get the free bet: 5mBTC ($20)

Activation: after deposit bonus completion

Free Bet may be used on any sports market on odds 1.60 or above

Free Bet cannot be used in portions. (Example, if a 10mBTC Free Bet is used for a 5mBTC bet, the unused portion, being 5mBTC, will be forfeited)

Duration: 7 days

This offer is valid until 23:59 on 31 December 2019 of Japan time.

Make sure to set-up Bitcointalk preferences as to receive notification each time we update this thread. You don't want to miss on any 10BetJapan promotions and bonuses!

Follow us on social media as well:

Twitter: https://twitter.com/10betjapan

Facebook: https://www.facebook.com/10BetJapan

Medium: https://medium.com/@10betjapan


[Daily Discussion] Monday, April 15, 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] Monday, April 15, 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 Ultimate Guide For Buying, Working For, and Storing Bitcoin when you are underage.

If you want to obtain bitcoin and you are underage,

  1. Ask Your Parents, to use an exchange like Kraken,(sorry Coinbase, not recommending you), and many other exchanges. They will usually use KYC regulations, and require your id or other documents.

  2. Use LocalBitcoins.com or Paxful.com . Psssh, who needs KYC, when you can buy BTC without it. It is not that simple however, LBC and Paxful, use an escrow service, meaning that the bitcoins the seller has and you need to give him your payment method, be it Paypal or gift cards, in time before the escrow expires. I have lots of trades on both of these sites, and to verify that the seller is good, you need to, have prior sales with him/her, or look at his/her's profile and see the positive and negative feedback. The fees on both of these sites are enormous, even if you are using small amounts. You can use many options to buy on both of these sites, including, ITunes gift cards, Xbox GC's, Prepaid Visa and Amex Cards, Paypal, Amazon Gift Cards and many more. Remember, if you have bitcoin sin the wallets of this website, amke sure to transfer it to your personal wallet or others, I'll get into that later.

  1. Use r/Cash4Cash, and r/giftcardexchange. Well if you are reading this, better just stay here, on both of these subreddits you can trade prepaid gc's or just regular GCs for Bitcoin, Cryptocurrency, or just straight up Paypal or Square Cash money. On these subreddits, you want to verify the user you are trading with, NEVER trade with low karma/throwaway accounts, and use r/GCXRep, and r/C4CRep, so you know other people are real and other people know you are real and not a scammer.

  1. Work for it, Some places on the internet give you bitcoin for working for it, if you can do the tasks on these sites, however big or small, you can get BTC, like r/Jobs4Bitcoins, Coinality.com, Cryptogrind.com, and r/slavelabour.

You might find out that some of the jobs might be too complex for you. But scroll a bit and you will find some easier ones.

If you want to use these freelance sites effectively, then try to up your typing skills, get better research skills, learn about graphic design, or if you are good at illustrations, use these to your advantages. r/Slavelabour is for extremely small tasks, that pay.

  1. Storing your BTC effectively and privately. Remember the age old Bitcoin mantra, Not your keys, Not your Bitcoin, Your Keys, Your Bitcoin, this means that your private keys, which is the thing you need to access your wallet and sign transactions, you should be in control of, on all exchanges, like Coinbase, Kraken, and Bitfinex, you are not in control of your private keys, meaning that they can shut down your account for many reasons, or they can be hacked. This also applies to your 12 Word Seed or Mnemonic Phrase that you get when you open a wallet, KEEP IT SAFE, IF YOU LOSE EITHER OF THESE, YOUR BTC IS EFFECTIVELY LOST, read up on it more here https://en.bitcoin.it/wiki/Seed_phrase

and here https://en.bitcoin.it/wiki/Private_key , if you want to get the best wallets for storing your btc go here https://bitcoin.org/en/choose-your-wallet , but my favorite one is Electrum personally. Although this is not on bitcoin.org, I suggest Exodus wallet for multi-cryptocurrency support, if you are looking to invest in more.

Another danger you have to face is downloading btc wallets on malware infested computers, this will affect in your BTC being lost, so don't do it.

The worst way to store your bitcoins is on the internet, web wallets, like Blockchain.info where you are not in control of your keys, do the same things like exchanges mentioned before, where your wallets can be shut down and can, and, were hacked.

The two best ways to store your bitcoins are on Hardware wallets like Trezor, Keepkey, and Ledger, where your BTC is stored on physical hardware, the only downside is that it costs money, if your parents are cool with crypto, they probably will let you have one. If they are not, try to get one delivered to a friends house who consents, the Ledger in particular looks like any unsuspecting flash drive. Make sure you are buying from the official websites of the wallets and not other ways, counterfeit Hardware wallets have security defects. The next best way, are paper wallets like on bitaddress.com, where your bitcoin public key and private key are on paper and not on any computers, it is essential that you turn off WiFi on this site and make sure nobody is spying on you. Paper wallets have a problem that sort of defeats the purpose of using it that to to take out the funds you need to use a web wallet. But, still for people who want privacy in storing btc and at about zero cost(apart from ink and a working printer) ,it works.

This applies to minors also, Never Invest More than You Can Afford To Lose, Don't put your entire allowance into BTC, if you are in it for the money, you will need to have patience. If you are not in it for the money, good job, you are about to venture into the world of cryptography and privacy.

TL:DR: If you want to get BTC when underage, ask your parents, or use LBC/Paxful and trade Gift Cards, Go on job boards that pay in BTC, and store BTC in safe Bitcoin.org sanctioned wallets.



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[Daily Discussion] Monday, April 15, 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] Monday, April 15, 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.
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#PundiX Provides Recap of April 12 AMA with Zac Cheah, CEO #PundiXLabs

https://i.redd.it/m0g557h3ses21.png

Dear Pundians,

Thank you for participating in the AMA session with Pundi X founder and CEO Zac Cheah.

For those of you who may have missed it, the live recording of the AMA session held last on April 12 at 10:00 am GMT+8, tackling Q1 progress and addressing questions and concerns by the community members, can be viewed here:

https://youtu.be/PhHD3CwUyA8

You may also find a summary of the Q1 progress presentation as well as the Q&A below:

Pundi X Q1 2019 Highlights

  1. Pundi X ecosystem handled a total of 26,380 crypto transactions valued at 3.9 million in USD during the 1st quarter of 2019. Registered XWallet users have increased to 179,982 as of April 10. XPOS has been shipped to 30 countries.

(Correction: The 179,982 X Wallet users include both KYC verified and unverified users; and not all KYC verified users as mentioned in the video. Zac’s apology.)

Quarterly Transaction Summary

Distribution Map

  1. The custom XPASS cards are becoming popular among our XPOS distributors. Exchanges in Canada (iBank) and Africa (Bit2Big, DoshEx) have ordered 14,000 in total.

Distribution Partnerships

  1. XPOS has successfully received EU’s CE certification. FCC certification is under way.

XPOS Certification

  1. By integrating a collection feature, we are making XWallet a virtual mini-XPOS. Users can be part of the XPOS merchant network by becoming verified merchants from the XWallet app. Staking and conversion are also integrated into XWallet app and available for KYC verified users.

XPOS Handy, a more affordable version of XPOS, is now in production. 2,000 units will be produced. The team is also looking into expanding XPOS into traditional POS units platforms and has started working on one of the top two POS brands for integration.

Product Development Overview

  1. Due to the conversion, the token removal in 2019 will reflect the result of both NPXS / NPXSXEM utilization and NPXS / NPXSXEM conversion to FX. For example, the amount of Q1 token removal will be announced in the first week of May 2019 and the execution will take place in the second week of May.

2019 Token Removal Schedule

Below is a summary of the Q&A with community members.

On XPOS

  • Q: How many live working XPOS are there in the world right now? Understand the plan was 100,000 in 2021. But recent news is only talking about someone maybe buying 1000 in 2021.
  • Is the delay in scaling XPOS because of the licenses which Pundi X doesn’t have yet? If yes, when can we expect it to be approved or denied?

Zac: The pick up rate during Q1 isn’t moving as fast partly due to the bear market. Another contributing factor of which some of you may be aware, is that we have been working on obtaining the relevant FCC and CE certifications for the XPOS as it’s a requirement by most governments.

We are pleased to announce that the XPOS has been officially certified. It’s in fact the first blockchain based POS device that has been given the CE certificate. And with this, we will begin to accelerate to get the XPOS compliant with the different markets and increase the activation rate of the XPOS.

For example, in Dubai, we are working with the local credit bureau to apply for an approval with the local regulators using our CE Certificate as the base document. The same goes for Korea’s KC certification.

So yes, a lot of things have been moving behind the scenes and one thing that is clear is whatever we do, it is to play the long-term game. Hence, we had to make sure that we have all the relevant required certification for the XPOS before we take it to the next level of deployment.

  • Q: How many XPOS transactions (by coins) have been done so far (since the start)?

Zac: The XPOS and XWallet have handled a total of $3.9M USD in Q1 outbound transaction.

  • Q: Will there be a major partnership such as with Uber or Amazon to use the XPOS? Any strong partnerships in the works for the XPOS?
    Any upcoming big deals for the xpos ? Like Starbucks, etc? And did Pundi X ever get in contact with Kroger?

Zac: As always, similar to other business deals, due to confidentiality agreements, we do not comment on major partnerships until it’s firmed up or announced first by our counterparties. One thing for sure, we are working hard to engage established global enterprises (especially those) with a large distribution network and footprint.

In addition to that, we are exploring the expansion of our XPOS solution footprint by integrating the XPOS into one of the Top 2 point-of-sale manufacturers. We will share the process and details once we have completed the testing.

  • Q: Any updates on a Pundi X collaboration with Dubai government?

Zac: We are in the process of getting the XPOS certified with the local government authorities. And now that the XPOS has the CE certificate, it will accelerate the approval process in Dubai.

  • Q: When is the XPOS capable of handling credit card payments?

Zac: We have reached out to various parties that can provide and activate these services and that includes meeting the CEO of MasterCard, Mr Ajay, in person. He has seen our XPOS and from what I could tell, he was impressed.

  • Q: When will you add XRP to XPOS?

Zac: The XPOS is a digital currency-neutral device. When there’s enough demand and a real need from an organization or company, we would not hesitate to add it to our XPOS ecosystem.

  • Q: When will the XPOS have WePay, AliPay, Samsung and Apple pay?

Zac: XPOS itself is hardware-ready for these payment methods. To activate these services, we will be required to comply with the local regulations in different jurisdictions and work with the providers of payment gateways.

  • Q: Can we get a merchant map, similar to bitcoin ATMs?

Zac: The team is working on this. In the first phase, we will have a list of the featured merchants. We are targeting to have a “lite” version of this “featured merchant” map ready by end-May. We are finalizing the name but you can call it the X-MAP where you can locate your favourite XPOS merchants or X-Merchants.

  • Q: Does Pundi X have plans to support stable coins?

Zac: Our XPOS merchants already have access to the stable coin feature, but for regular consumers, the option to have stable coin is not available yet. However we foresee turning on this feature soon.

  • Q: China and Thailand should be supplied with XPOS via some partner. The news was big but that was over a year ago. What’s the status in these two key markets?

Zac: China’s stance against Cryptocurrency is still a no-go. The news that was mentioned a year ago refers to our license distributor called XPOT (they had a kick off event a year ago where Mr. Prachuab Chaiyasan, Former Minister of Foreign Affairs of Thailand was one of the attendees). XPOT is our licensed distributor and I believe they are still in discussion with the local governments and pending the environment to change.

Regarding Thailand, we are in talks; with possible partnerships in this market. Please stay tuned.

  • Q: What are the current legal issues Pundi X is facing in USA, Germany and Canada?

Zac: Regulatory bodies are still ambiguous about their policies toward cryptocurrencies. As previously mentioned, we will continue to monitor the situation in the different markets and be compliant so that as soon as there is clarity in the market, we will be in a prime position to move in.

  • Q: When is Pundi X expanding to India? I was at your Mumbai Meetup but we are still waiting

Zac: We are awaiting RBI’s permission too, as crypto is still frowned upon by the local authorities.

  • Q: A long time before the public token sale, at the pre-sale stage, Pundi X said they have a working product and simply needs the funding to pay for a huge production and then give out XPOS devices for free. The cost per device is somehow USD 200–300, depending on order volume and a USD 3,000 investment would yield a minimum of 10 XPOS Devices. After enough funds raised, the token sale got capped and more funds raised. Then the XPOS got remodeled and went for sale. What happened with the initial idea of giving 10,000+ devices out for free?

Zac: As previously mentioned, pre-public token sale participants who purchased > 30 ETH are entitled to a free XPOS. If you haven’t claimed yours, please reach out to us.

Also in the pipeline, we are working with some non-profit organizations to provide free XPOS for their usage.

On the XWallet

  • Q: Will you add a stable coin to XWallet?

Zac: Yes, we will. Someone has asked the same thing about XPOS. It will likely be added around the same time for XPOS, XWallet and XPASS.

  • Q: Can we add the bank transfers to XWallet? Basically to liquidate on the XWallet for sending money to my bank account?

Zac: This is my personal favorite feature to have and it’s on my wishlist. In order to support fiat, we need to have a Payment Service License / E-Money License / Stored-value license in a jurisdiction that supports a particular fiat. For example, if it’s EURO, we will need to apply for a license or lease it via a partner for this to work.

We are definitely exploring the different possibilities but we are unable to elaborate more on when, or if it is happening, as this also requires more talks with the different local jurisdictions.

Q: Turkish holders would like to ask when can we partner with master / visa and integrate with XWallet?

Zac: As mentioned earlier, we have reached out to various parties that might be able to activate these services.

On Q3 to Q4 Plans

  • Q: What’s the plan for Q3 and Q4 for this year?

Zac: There are tons of things we are working on for Q3 and Q4.
I will broadly separate it into:

Developer ecosystem — The developer ecosystem allows traditional and tech companies to onboard themselves into the XPOS and XWallet ecosystem, such as listing of their custom tokens, advertising etc. These services will all require the usage of NPXS and NPXSXEM tokens.

Partnerships — We are likely to partner with incumbent retail chain stores payment companies, incumbent POS companies that have deep distribution network to help expand the reach of XPOS, XWallet, XPASS, etc.

Governmental level efforts — We started off with Dubai and since then, several other governments have shown interest. We see this as an opportune time to engage forward-thinking governments to build a blockchain ecosystem in their city and country.

Our Team: we will continue to invest and grow our R&D team capabilities as they represent the heart of Pundi X. If any engineer or developer is keen to help us to scale, please get in touch with us. We are actually looking for engineers as I speak.

On NPXS and Token Removal

  • Q: What is the quarterly token removal from the NPXS usage of the XPOS and the burned amount for Q1 2019.

Zac: Good question. Some holders may be aware that token removal includes the result from the conversion. The amount of Q1 token removal will be announced in the 1st week of May and we will execute the removal in the 2ndweek of May.

  • Q: Pundi X has mentioned a monthly coin burn and a monthly buy back. Why hasn’t this happened yet?

Zac: It is not monthly. We are doing a quarterly token removal.

  • Q: People feel that the current token burn isn’t as transparent as many wish. What can be done to improve this process and make it more transparent? The biggest upset was after the ULTRA festival where Pundi X just wrote “we ain’t allowed to talk numbers.”Could there be a daily or weekly ticker? Is that possible?

Zac: That’s a good suggestion. While a daily ticker might be challenging, we certainly can try exploring incorporating a ticker update towards all token removal or scheduled for the next one.

  • Q: Zac, you have mentioned previously that someone was trading against NPXS. What did you guys do about this problem?

Zac: There are trading teams, market makers, financial institutions that profit from the drop and rise of token prices in the crypto market and it’s not something that is unique to NPXS. In fact, the traditional stock markets have similar challenges as well. We have taken the “the best defense is a good offense” strategy which is to continue to strengthen our tokens; such as create more use cases, drive more adoption and more distribution to ensure our tokens are well positioned and stronger than ever.

  • Q: Why do you not do any great marketing and generate publicity for NPXS, e.g., advertise on television stations in major and in different countries? I generally see marketing as very important to the company’s success. And I hope to see real partnerships, not just with small shops or restaurants.

Zac: We rarely engage in paid partnerships as it doesn’t necessarily produce the best ROI in terms of investment and in this market condition, we believe in being financially prudent. Being in a decentralized environment, we consider ourselves as a community-driven company.
The impact of organic press coverage driven by our community is always stronger. We do want to be seen on all major news channels and we will do that via “thought leadership brand building.” As a testament to our growing reputation, recently, we were invited to speak at the Fintech Ideas Festival event and be on the same stage as the senior executives and CEOs of Wells Fargo, COO and CTO of Bank of America and other large institutions. We see this as the right step forward in growing our brand appeal to the masses.

On the QEX Fund

  • Q: Any update on the QEX fund?

Zac: The QEX fund is led by Vic Tham,CEO and Fen Chao Yong, COO, at Quantum Energy Asset Management, also known as QEAM. Other than being the CEO of QEAM, Vic is also Pundi X’s Chief Investment Officer.

From what we know, they are in the midst of raising funds, book building, analyzing potential projects & companies and strengthening the portfolio for QEX. It’s an ongoing effort for this year and a very exciting one. We are extremely excited to see potential breakthrough projects that could benefit our ecosystem. And if anyone has questions or interests, please do reach out to Vic Tham and his team at QEAM.

On Function X

  • Q: What is the update on devs program for the Function X ecosystem?

Zac: Many keen developers are eagerly waiting for it, and I know Billy who has posted this question is one of them. We are working on it right now, we can’t commit on the dates yet but developer support is a big part of our ecosystem. We are working tirelessly, and sometimes “sleeplessly” to get this out.

  • Q: Did you use “investors”/ token holders funds to develop Function X? And instead of giving the 65% FX tokens to NPXS and NPXSXEM holders, you are getting them to choose between NPXS/NPXSXEM and FX token?

Zac: 65% of the FX tokens from Token Generation Event (TGE) is already allocated for NPXS / NPXSXEM token holders, via staking and/or conversion. There are two separate projects with teams working on it. For the XPOS ecosystem to flourish, it requires a more scalable platform/solution which is the Function X ecosystem.

The Function X foundation will be announced in Q3 and hopefully it will be a pleasant surprise. We will have a solid team to grow the Function X ecosystem.

  • Q: Will Pundi X be less focused on NPXS once FX goes live?

Zac: No, we think it’s mutually beneficial. If I may use an analogy, it’s like Google Search and Android, one product will lift the other up. The other example would be salt and pepper. When used in combination, it will drastically improve the taste of any particular dish.

  • Q: What is the relationship between the future f(x) coin and the future NPXSFX token? Is the former used in the FX ecosystem (XPhones) and the latter used in the XPOS ecosystem? If so, would buying something using the XPhone going to burn FX coins, NPXSFX tokens, both or none?

Zac: Think of the role of f(x) coin like how ETH is. Everything or any service that’s taking place in the Function X ecosystem will require the f(x) coin.

For NPXS which will be ported over to the Function X blockchain once the Function X mainnet is up and running, its utility will remain the same. Any payment-relevant services or activities on the Function X blockchain will require NPXS, which on the Function X mainnet will be tentatively called NPXSFX.

  • Q: For FX Tokens, the lock up of 1 year is too long for us to wait. Can we change the option to shorten the duration?

Zac: The mechanism in place has been designed for the long term, so unfortunately, we can’t change the option. Users have the choice whether to convert his NPXS and NPXSXEM, or not, into f(x) coin, if a user chooses to convert he will receive 12% immediately and 8% each month for the next 11 months.

  • Q: Will F(x) be available to those who couldn’t stake or convert? Will it be before the staking period end or after? When will F(x) be available to purchase on an exchange for those in countries who were not allowed to stake? Will it be during the staking period or after?

Zac: Soon we hope. As per our policy, we are unable to comment on listing dates, but with our established relationships with exchanges, we do hope it will be quick.

  • Q: We were all impressed by the Uber Dapp demos running on F(x), but these days Tron and EOS are getting a lot of press about Dapps too. What advantages will F(x) have over those platforms?

Zac: Each platform will have its own advantages, we welcome the competition and hope that more popular apps such as the decentralized Uber app can be conceived from Function X.

  • Q: Why is there no cap on f(x) tokens? When will you explain how the tokenomics will work?

Zac: I would encourage all to have a look at our concept paper on functionx.io and the Medium blog post as the details are explained thoroughly there.

  • Q: Have you already secured deals with other companies like Sony, Samsung, etc with the Function X OS to build other blockchain phones? Or do you plan to keep the Function X software to just the 5000 phone you already made?

Zac: The 5,000 XPhones serves as a proof-of-concept, for manufacturers and developers to have a test drive. We want to partner with hardware/smartphone companies and telcos to build their own version of the blockchain phones with Function X. And we are still working hard to engage with the companies to push for future blockchain phones and strengthen our Function X ecosystem.

  • Q: Will the XPhone work as a mobile point-of-sale (mPOS) device like the XPOS Handy?

Zac: The XPhone comes preinstalled with the XWallet and with that, it can double up as a lite version of the XPOS with QR code and NFC Support.

  • Q: When will XPOS Handy be ready?

Zac: XPOS Handy will be available in the coming weeks.

Full: https://medium.com/pundix/recap-of-ama-with-zac-on-apr-12-b949270292bc


[Daily Discussion] Monday, April 15, 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:


Ocean Builders: Official Statement about the sinking of the first seastead

[Note: Although I'm a fan of their efforts, I'm not affiliated with Ocean Builders. Just passing this along, per their request. See the comments for Chad's statement. Please direct inquiries and offers of assistance to elwartowski@protonmail.com.]

We at Ocean Builders would first like to thank all of the people who have sent their support and help. We do appreciate it.

It has been reported that the first seastead, XLII, has been or is in the process of being demolished by the Thai navy. It is also being reported that our first residents, Chad Elwartowski and Nadia Summergirl are being held responsible for building the seastead and putting it in its current location.

Nothing could be further from the truth. Chad and Nadia were volunteers excited about the prospect of living free. They took pictures and videos of the whole process and posted it on social media. They spent a few weeks on the seastead and documented their adventure. They were in no way involved in the design, construction, decision on where it was located or any funding for the construction of the seastead. If you read the Reason article that describes the seastead accurately writes the facts:

” The team surrounding the project were early adopters of bitcoin, and with wealth acquired that way it has spent around $150,000 on the project “ Other news articles took this to mean that Chad Elwartowski funded the project because he was also an early adopter of bitcoin. Chad did not spend any of his own money on the project other than perhaps some sheets for the bed and he brought all of his own dishware when he moved in.

Chad and Nadia are safe for now but understand that Thailand is currently being run by a military dictator. There will be no trial if they are caught. They already demonstrated that by being judge jury and executioner of the historic very first seastead.

The reason Thailand was chosen was due to the large amount of tourism, its relatively calm seas and also because all of those involved love the Thai people and their culture.

It is claimed by the Thai navy through their media mouth pieces that the seastead is in a shipping lane. This makes it sound like there is heavy cargo traffic coming to Phuket. If anyone knows Phuket, they have one cargo port that gets maybe one or two cargo ships a week. They also admit that the seastead is in international waters, at least 12 nautical miles from land. This would infer that they are 12 nautical miles from land on either side of the seastead which would put the shipping lane at at least 24 nautical miles. The seastead is 6 meters wide. It has a very bright anchor beacon and has a registered AIS beacon which can be detected by any boat with any sort of navigation in the vicinity.

The area is a heavy fishing area with many many fishing boats trawling the water there daily. The fishing boat captains used to wave at Nadia and Chad as they passed by. They were in no way bothered by the floating home. The seastead takes up less space in the shipping lane than a fishing boat.

Needless to say. This event has doubled down our efforts and we can all clearly see that seasteading needs to happen now as tyranny creeps ever more deeply into our governments to the point that they are willing to hunt down a couple of residents residing in a floating house in middle of nowhere.

We hope this issue can be resolved diplomatically with the Thai government and are ready to talk to anyone in charge at any time. We have tried several times to talk to anyone but were always told that we have nothing to worry about because we are legally in international waters.

The April 15th sale of seasteads is to be postponed until we can get everything straightened out and figure out the best path forward for everyone.

https://ocean.builders/official-statement-about-the-sinking-of-the-first-seastead/


Investment Rules and Trading Strategies for Cryptocurrencies-Part 2

You definitely have a friend who made a lot of money trading cryptocurrencies back in 2017 when the market was in a bull run. Even though he made good profits, was he really a good trader and investor? What defines a good trader? A good trader is someone who has a strong trading system and is self-discipline. One that is guided by probability and not possibility. Excelling well in trading using technical analysis also requires strong risk management.

Aside to the volatility, the cryptocurrency market is not very different from the traditional stock market as people make the market. Human psychology does not change, traders/investors today still face the same emotions of fear and greed.

This article will comprise of a three part series, going through 15 trading rules to follow when trading cryptocurrencies. If you have not read Part 1, this is the link to the first article:

Link: https://medium.com/@support_34903/investment-rules-and-trading-strategies-for-cryptocurrencies-part-1-caf3de08485a

We hope this article will give you the right knowledge to help you build up a strong trading system.

Golden Rule №6

Buy the dips during the bull market!

https://i.redd.it/80zlebyb3fs21.jpg

Bitcoin was in a bull run in 2017 and there were lots of buying opportunities. In a bull run, when there are price pullbacks, it is the best time to load in more Bitcoins. That way you are able to increase your position size.

https://i.redd.it/zmd59cze3fs21.png

Golden Rule №7

Let your profits ride higher!

https://i.redd.it/gwqu8ili3fs21.jpg

Trading in the crypto space is high rewards and high returns. There was a trader who entered a trade for Ripple at $1.00 and sold at $1.30 after a few days, it was a great trade with 30% profits! However in the next few weeks, Ripple prices rose to $3!

One must adjust the profit percentage higher as trading cryptocurrencies are higher risk and therefore should set higher profit margins.

When you take profits, you should be humble and grateful for the good trade. Never let ego and pride take control of the trading.

Golden Rule №8

Never be the last to take profits!

https://i.redd.it/eips3b0l3fs21.jpg

When your trades are profitable, it is good to take profits. One method is called laddering when you start taking profits along the way and downsize your positions. This also reduces the emotions if prices fall back down.

It is time to be pound wise and not penny wise. If you are near your profit target, you should start taking profits rather than waiting for the exact price to hit the target.

Golden Rule №9

Never Short the Bull Market!

https://i.redd.it/3kzcu2vn3fs21.jpg

First, identify the trend, then trade with the trend. Back in 26th November 2017 when Bitcoin prices was about to reach $10k USD, all the traders and market analyst expect prices to hit the $10k USD mental resistance line and decided to short Bitcoin.

A lot of traders lost money placing that trade. Bitcoin prices later soared to about $19,400 USD on some exchanges.

Golden Rule №10

Be impatient with your losing trades!

https://i.redd.it/54suecbq3fs21.jpg

There is a commonly known term in the crypto space which is “HODL” that stands for hold on for dear life. This term came about because crypto prices are so volatile and traders have to stomach big losses by holding, and ride out the volatile market and hopefully one day make a profit.

This term HODL is actually not a good mentality for traders to hold on to losing trades. Trading requires discipline and setting of stop losses. If the stop loss is hit, have to cut your positions. In 2018, some of tokens loss about 90% of their valuation which can wipe out the entire portfolio just by holding. If you will like to store your tokens, you can check out Mars Wallet where you and store, send and trade in the all in one App securely!

https://i.redd.it/sdzp3ols3fs21.jpg

Please note that this is not financial advise, this is just for sharing of our point of view.

https://i.redd.it/upu3oq9v3fs21.jpg

Mars Wallet — A secure platform to store, trade and stake your tokens!

Mars Wallet is an important node in the ecosystem under the Mars Blockchain Group, which uses google 2FA, a two-factor authentication process that provides four-fold security verification to ensure that user’s tokens can be recovered in the event of a hack or fraud.

In addition, Mars wallet withdrawals are limited to every 24 hours, in order to avoid huge losses for users in the event of hacking. The App is available on the iOS and Android store.

For more information on Mars Wallet, keep up with its following social media:

Telegram: https://t.me/marswallet

Reddit: https://www.reddit.com/user/1-SG/

Twitter: https://twitter.com/1SG_2018

Instagram: https://www.instagram.com/marswallet_sg/


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – April 15 - Bitcoin Exchange Guide

https://bitcoinexchangeguide.com/bitcoin-price-prediction-today-daily-btc-value-forecast-april-15/

It's not as amazing as the other sites I've seen on here, but I'm proud to be part of the movement!

I just got verified today!

It's not much to look at, but it's something I'm working on very hard! I'm releasing a bitcoin and crypto "for dummies" type of guide to make the transition into the crypto scene as seamless as possible for the people who are even a little interested!

http://www.gilsos.com/



Bitcoin and TIPS: A Field Guide for Investing in an MMT World - Bloomberg

https://www.bloomberg.com/tosv2.html?vid=&uuid=b74e5310-5f65-11e9-9af4-bbf730d81cd4&url=L25ld3MvYXJ0aWNsZXMvMjAxOS0wNC0xMi9iaXRjb2luLWFuZC10aXBzLWEtZmllbGQtZ3VpZGUtZm9yLWludmVzdGluZy1pbi1hbi1tbXQtd29ybGQ=

Weekly general discussion - April 15, 2019

Welcome to the weekly general discussion thread of /r/btcsv! Thread topics include, but are not limited to: General discussion related to the weeks events, questions that don't deserve their own thread. Please discuss prices in the Weekly Bitcoin markets and price discussion thread.


[Daily Discussion] Monday, April 15, 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:


[Newbie Monday] Week of Monday, April 15, 2019

Welcome to the Newbie Monday Weekly thread at /r/bitcoinmarkets!

This is a weekly thread where you can ask any basic questions related to bitcoin trading without shame or embarrassment.

Some rules:

  • First and foremost, check out the links on the subreddit bar on the right as well as our Wiki for answers to common questions and good reading material on basic guides, strategies and indicators.

  • There are no questions too stupid, as long as they are about what to do and how to do it in bitcoin trading. If you don't like a question being asked - you don't have to answer it.

  • Be respectful, no name-calling.

  • Try to source your answers or support with chart examples, links, etc where possible.

  • This is not a a thread to ask rhetorical questions about the state of bitcoin. "With the halvening coming up, isn't it stupid not to buy every dip?" or "With only 2.7TPS how can bitcoin support a global economy" are better questions for the weekly fundamental thread.

Past Newbie Monday Threads - Link



[Daily Discussion] Monday, April 15, 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] Monday, April 15, 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:


DIGITALBITS AND WHAT IT OFFERS

Blockchain adoption! blockchain adoption!! but one question still remains how efficient is the current blockchain platforms? Funny as it may sound, most blockchain platforms can't be compared with centralized systems like Visa; this is true because Visa have a high TPS when compared with current existing blockchain platforms. So how then can blockchain achieve mass adoption?

There is always a way out. In fact, that's the most amazing thing about blockchain technology, it empowers developers to always come up with ways to either enhance existing platforms, systems and applications or creating a new one entirely. Also, in all dealings or developments blockchain platforms are always decentralized which is one of the properties which makes it stands out from centralized systems.

But yet, what are these issues which have limited the mass adoption of blockchain technology? A study has shown that most people, in fact, a very high percentage of people lack the knowledge of what cryptocurrency and blockchain are all about let alone purchasing one. This lack of knowledge as well as low transactions speed shows that a cryptocurrency like Bitcoin sees at most 223,000+ transactions per day while centralized systems like Visa processes up to 150 million transactions daily. This agrees with the aforementioned comparison between centralized systems and decentralized blockchain platforms.

Also, current blockchain platforms are developed in such a way that, in order to get associated with them, one has to change his workflow or consumer behaviour. From a reality point of view, this might look tasking as most blockchain platforms are not user-friendly and complex, thus convincing one to change his workflow might be a hurricane task. Furthermore, most blockchain platforms have succeeded in frustrating users rather through the lack of transferability and portability within such platforms.

Through these issues, one can see that blockchain technology is indeed limited from reaching the masses or mass-market. With that being said, DigitalBits was created as a blockchain protocol thus being decentralized so as to drive blockchain into mass adoption.

WHAT DIGITALBITS OFFERS

DigitalBits aims to offer a protocol layer blockchain which will be able to facilitate liquidity of various cryptocurrencies while having the capacity to integrate with existing consumer applications through this way driving mass adoption. In order to stand out, DigitalBits has a built-in decentralized exchange which is built with a multi-hop Innovation thus creating a wonderful marketplace for cryptocurrencies.

DigitalBits will ensure there is no token inflation while token name certification services will be implemented, in the long run introducing transferability and portability to both new and existing cryptocurrencies.

DigitalBits also offers amazing solutions to the issues limiting blockchain from achieving mass adoption. DigitalBits believes that since most individuals in the world today have in their possession some legacy digital assets such as in loyalty and reward points, by tokenization of these legacy digital assets on its blockchain (DigitalBits) will increase the utility of the assets while the individual still maintains their already built behaviour. In the same vein, with DigitalBits protocol, there will be easy integration with existing consumer applications thus with the guide of blockchain technology helping to offer liquidity of those digital assets while mass adoption is assured.

The final result through DigitalBits will be;

a. The society will be aware or participate in the benefits of blockchain technology,

b. Users experience within the blockchain world will be improved,

c. More assets will be Introduced into the blockchain world.

CONCLUSION

DigitalBits is an outstanding blockchain platform having a built-in protocol which will be used to ensure services are enhanced through this way, leading to mass adoption of blockchain technology. The token of the platform is XDB with a maximum supply of 100 billion and will be used to facilitate payment or trade between two pairs to cryptocurrencies.

DIGITALBITS LINKS

Website: https://www.digitalbits.io/

Whitepaper: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf

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