Saturday, April 20, 2019

[Daily Discussion] Sunday, April 21, 2019

Thread topics include, but are not limited to:

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[Daily Discussion] Sunday, April 21, 2019

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[Altcoin Discussion] Sunday, April 21, 2019

Thread topics include, but are not limited to:

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

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

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[Daily Discussion] Sunday, April 21, 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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[Daily Discussion] Sunday, April 21, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
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[Daily Discussion] Sunday, April 21, 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

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  • Do not make posts outside of the daily thread for the topics mentioned above.

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[Daily Discussion] Sunday, April 21, 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

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  • Do not make posts outside of the daily thread for the topics mentioned above.

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[Daily Discussion] Sunday, April 21, 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

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  • Do not make posts outside of the daily thread for the topics mentioned above.

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[Daily Discussion] Saturday, April 20, 2019

Thread topics include, but are not limited to:

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

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[Daily Discussion] Saturday, April 20, 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] Saturday, April 20, 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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[uncensored-r/CryptoCurrency] A massive bullrun is coming! Just read perhaps one of the best crypto reports published this year

The following post by dbaker102194 is being replicated because some comments within the post(but not the post itself) have been openly removed.

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

np.reddit.com/r/ CryptoCurrency/comments/bfcni9

The original post's content was as follows:


Adamant Capital just posted their free report: "BITCOIN IN HEAVY ACCUMULATION". Extremely well researched and perhaps one of the best / most bullish crypto reports published this year.

Note: These guys published their reports back in 2012 and 2015 when crypto markets were massively down and people thought crypto was dead. Investors who read that and bought cryptocurrencies back then ended up making massive gains. They're now back with their 2019 report in which they believe crypto markets are seriously undervalued. Their investigative findings show that Bitcoin whales are currently accumulating large amounts of Bitcoin. It seems a bull run is eminent.

Some highlights/snippets from their report:

Adamant Capital: "We pride ourselves in having published our 2012 and 2015 Bitcoin reports during what we perceived as periods of significant undervaluation. Each report was issued when Bitcoin was down more than 80% from all-time highs. Now, at 75% below its 2017 all-time high, we believe the current bear market represents an exceptional opportunity for value investors. During this accumulation phase, we expect for Bitcoin to trade in a range of $3,000 to $6,500, until the new bull market permanently cements the denarian cryptocurrency as a multi-trillion dollar asset class. "

Blockchain analysis suggests Bitcoin whales are now accumulating

Significant parallels with the 2014-15 bear market have emerged

Recent volatility lows suggest retail apathy, market bottoming

Bitcoin's secular bull market is supported by strong fundamentals (e.g.BTC halving event is 399 days away, Fidelity, BAKKT, Northern Trust, TD Ameritrade, Intercontinental Exchange (NYSE), Goldman getting into crypto.)

Report available at: https://twitter.com/tuurdemeester/status/1119272239122264064


[uncensored-r/BitcoinMarkets] [Daily Discussion] Saturday, April 20, 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/bf8a28

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:


2019 Cryptocurrency (Elliott Wave): Easter Update

05-APR-2019 Cryptocurrency (Elliott Wave): Bull Market…?

https://bitcointalk.org/index.php?topic=5128394.msg50467456#msg50467456

20-APR-2019 Cryptocurrency (Elliott Wave): Easter Update

https://bitcointalk.org/index.php?topic=5128394.msg50681435#msg50681435


Since the 15-DEC-2018 low, the Bitcoin markets have rebounded with a 75% gain into Easter 2019 —quite a resurrection from the 2018 bear market which saw an 85% decline in value. With price action unfolding in impulsive waves thus far, it is becoming increasingly apparent to suggest a bull market is underway.

A simple Eggiott Wave model would propose a five wave structure, consisting of three advancing bull market waves, interwoven with two declining bear market waves. Overlaying this model onto Bitcoin suggests:

Wave 1: the first bull market wave 2010-2013 (1219 days), followed by; Wave 2: the first bear market wave 2013-2015 (426 days), followed by; Wave 3: the second bull market wave 2015-2018 (1065 days), followed by; Wave 4: the second bear market wave 2018-2019 (363 days), followed by; Wave 5: the third and final bull market wave 2019-? 

The five aforementioned have been considered as PRIMARY degree waves —such waves elapse the course of a few months to a couple of years.

Timewise, the first two bull markets (Waves 1 and 3) elapsed 1142 days on average; and, the first two bear markets (Waves 2 and 4) elapsed 395 days on average. Bull markets have lasted almost three times longer than bear markets. Thus, an intuitive linear projection would propose the current third and final bull market (Wave 5) to complete by the year 2022 or earlier. However, since the current fifth and final Eggiott Wave is by typical definition only required to revisit or just exceed the high of the third wave, it may suggest the current bull market may be comparatively contracted in price and time.

The first Bitcoin halving occurred on 28-NOV-2012, approx midway through the first bull market. The second Bitcoin halving occurred on 09-JUL-2016, approx midway through the second bull market. The third Bitcoin halving is tentatively scheduled for 21-MAY-2020, perhaps midway through the third and final bull market or at the end?

A common wave relationship guides the price of the fifth and final wave to be equal to, or extend a Fibonacci 1.618 times the length from the low of the first wave through to the high of third wave, projected from the low of the fourth wave. This provides a conservative target of the current bull market to conclude between $22912 and $35127 calculated using the BraveNewCoin (BNC:BLX) index…

@22912: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 1 @35127: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 1.618 

Projected from the 15-DEC-2018 low, the aforementioned conservative price targets are a 630% to 1020% gain, or 825% on average. The average gain alone would be sufficient enough to qualify the current fifth and final PRIMARY[5] wave which would exceed the 2017 high of the third PRIMARY[3] wave, albeit marginally.

However, for the popular altcoins like LTC and ETH, an 825% gain projected from their 2018 lows would only retrace half of their respective bear markets. Even a 1000% gain in LTC and ETH would fail to match their 2017 all-time highs. Furthermore, there are altcoins such as LTC where the 2018 bear market low overlapped the high of their respective 2013 bull markets highs. Such a price overlap negates an impulsive wave structure, and thus would suggest a corrective wave structure as follows (indicative of price/structure, not time):

The short to medium term wave structure of Bitcoin thus far appears to be impulsively advancing from the orthodox 06-FEB-2019 bear market low, with maximum pullbacks at 11% on average. Four waves seem to have completed which have been classified as MINUTE degree —waves of such degree elapse from a few days to a week:

24-FEB: MINUTE[i] 27-FEB: MINUTE[ii] 10-APR: MINUTE[iii] 15-APR: MINUTE[iv] 

The third MINUTE degree wave which completed on 10-APR, itself subdivided into five smaller impulsive waves classified as MINUETTE degree waves. A decline below the low of 15-APR would suggest MINUTE[iv] pullback is still in progress which ought to find support at the low of 04-APR. Otherwise however, it appears the final MINUTE[v] degree wave appears to be currently underway. Once MINUTE[v] completes, the first MINOR degree wave of the bull market will have completed, and the first largest pullback of the bull market will commence —perhaps an approx 30% decline. At this point in time, price will be required to decline to the 24-FEB high to terminate the proposed wave structure, and quite possibly the bull market. The degree of wave labeling is currently tentative and subject to revision (i.e. may be either upgraded or downgraded in degree); however, the waves remain fixed.

BITSTAMP Support Zones: 5198, 4306, 3322, 2713, 2221 BITSTAMP Resistance Zones: 5898, 6390, 6882/7026, 7491 

Charts are indicative of price/structure, not time.



[uncensored-r/BitcoinMarkets] 2019 Cryptocurrency (Elliott Wave): Easter Update

The following post by 12345abcde00001 is being replicated because the post has been silently greylisted(for 6.3 hours).

(It was approved by the mods at: 2019-04-20T20:41:20.000Z)

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

np.reddit.com/r/ BitcoinMarkets/comments/bf7dkc

The original post's content was as follows:


05-APR-2019 Cryptocurrency (Elliott Wave): Bull Market…?

https://bitcointalk.org/index.php?topic=5128394.msg50467456#msg50467456

20-APR-2019 Cryptocurrency (Elliott Wave): Easter Update

https://bitcointalk.org/index.php?topic=5128394.msg50681435#msg50681435


Since the 15-DEC-2018 low, the Bitcoin markets have rebounded with a 75% gain into Easter 2019 —quite a resurrection from the 2018 bear market which saw an 85% decline in value. With price action unfolding in impulsive waves thus far, it is becoming increasingly apparent to suggest a bull market is underway.

A simple Eggiott Wave model would propose a five wave structure, consisting of three advancing bull market waves, interwoven with two declining bear market waves. Overlaying this model onto Bitcoin suggests:

Wave 1: the first bull market wave 2010-2013 (1219 days), followed by; Wave 2: the first bear market wave 2013-2015 (426 days), followed by; Wave 3: the second bull market wave 2015-2018 (1065 days), followed by; Wave 4: the second bear market wave 2018-2019 (363 days), followed by; Wave 5: the third and final bull market wave 2019-? 

The five aforementioned have been considered as PRIMARY degree waves —such waves elapse the course of a few months to a couple of years.

Timewise, the first two bull markets (Waves 1 and 3) elapsed 1142 days on average; and, the first two bear markets (Waves 2 and 4) elapsed 395 days on average. Bull markets have lasted almost three times longer than bear markets. Thus, an intuitive linear projection would propose the current third and final bull market (Wave 5) to complete by the year 2022 or earlier. However, since the current fifth and final Eggiott Wave is by typical definition only required to revisit or just exceed the high of the third wave, it may suggest the current bull market may be comparatively contracted in price and time.

The first Bitcoin halving occurred on 28-NOV-2012, approx midway through the first bull market. The second Bitcoin halving occurred on 09-JUL-2016, approx midway through the second bull market. The third Bitcoin halving is tentatively scheduled for 21-MAY-2020, perhaps midway through the third and final bull market or at the end?

A common wave relationship guides the price of the fifth and final wave to be equal to, or extend a Fibonacci 1.618 times the length from the low of the first wave through to the high of third wave, projected from the low of the fourth wave. This provides a conservative target of the current bull market to conclude between $22912 and $35127 calculated using the BraveNewCoin (BNC:BLX) index…

@22912: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 1 @35127: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 1.618 

Projected from the 15-DEC-2018 low, the aforementioned conservative price targets are a 630% to 1020% gain, or 825% on average. The average gain alone would be sufficient enough to qualify the current fifth and final PRIMARY[5] wave which would exceed the 2017 high of the third PRIMARY[3] wave, albeit marginally.

However, for the popular altcoins like LTC and ETH, an 825% gain projected from their 2018 lows would only retrace half of their respective bear markets. Even a 1000% gain in LTC and ETH would fail to match their 2017 all-time highs. Furthermore, there are altcoins such as LTC where the 2018 bear market low overlapped the high of their respective 2013 bull markets highs. Such a price overlap negates an impulsive wave structure, and thus would suggest a corrective wave structure as follows (indicative of price/structure, not time):

The short to medium term wave structure of Bitcoin thus far appears to be impulsively advancing from the orthodox 06-FEB-2019 bear market low, with maximum pullbacks at 11% on average. Four waves seem to have completed which have been classified as MINUTE degree —waves of such degree elapse from a few days to a week:

24-FEB: MINUTE[i] 27-FEB: MINUTE[ii] 10-APR: MINUTE[iii] 15-APR: MINUTE[iv] 

The third MINUTE degree wave which completed on 10-APR, itself subdivided into five smaller impulsive waves classified as MINUETTE degree waves. A decline below the low of 15-APR would suggest MINUTE[iv] pullback is still in progress which ought to find support at the low of 04-APR. Otherwise however, it appears the final MINUTE[v] degree wave appears to be currently underway. Once MINUTE[v] completes, the first MINOR degree wave of the bull market will have completed, and the first largest pullback of the bull market will commence —perhaps an approx 30% decline. At this point in time, price will be required to decline to the 24-FEB high to terminate the proposed wave structure, and quite possibly the bull market. The degree of wave labeling is currently tentative and subject to revision (i.e. may be either upgraded or downgraded in degree); however, the waves remain fixed.

BITSTAMP Support Zones: 5198, 4306, 3322, 2713, 2221 BITSTAMP Resistance Zones: 5898, 6390, 6882/7026, 7491 

Charts are indicative of price/structure, not time.



Investing in crypto for beginners

So basically i know very little about cryptocurrency, but after being taunted many years by a friend who has netted over 300k in earnings from crypto, I've decided to start investing. Ive invested $300 in a few different coins that my friend has recommended for me. I was wondering if you guys had any advice on where i can inform myself about every aspect of crypto that i need to learn up on. I see so many guides online, but i have no idea of their credibility. Also, any other advice would be appreciated. I use coinbase to binance for all my transactions, which charges me $8 for every transaction( i buy bitcoin through coinbase and transfer it to binance).



Question about how decentralised exchanges work

Hello all, Please indulge my ignorance about this subject! I am interested in how decentralised exchanges work, particularly, how they can handle so many transactions per second (tps).

It is my understanding that the BTC blockchain can currently handle ~ 7 tps, but decentralised exchanges, such as CryptoBridge, can handle up to 100,000 tps!.

Since BTC is actively traded on CryptoBridge, how could they possibly handle more tps than the BTC blockchain? I realise they generally trade "proxy tokens" with a short block time (on the order of a second or so) , but eventually, doesn't that transaction have to enter the BTC blockchain somehow?

Also, if we had a situation where a decentralised exchange was creating, let's say, 10,000 tps of BTC regularly, wouldn't that also make the size (e.g. in GB) of the BTC blockchain get super big super fast?

Please help me understand what I am missing, and thank you for your help!



[Daily Discussion] Saturday, April 20, 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] Saturday, April 20, 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] Saturday, April 20, 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] Saturday, April 20, 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:


Toqqn Total Supply

10% of toqqns’ total supply will be made available to be distributed during the fund raising. A few private sale events will be conducted during November - December period to acquire the funds for development. Exchange listing process also starts during this time

ooobtc #obx #tqn #crypto #bitcoin #ethereum #blockchain #btc #toqqn

https://www.toqqn.com


[Daily Discussion] Saturday, April 20, 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] Saturday, April 20, 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:


Search Interest About Bitcoin Grows on Google But Mentions Decrease On Twitter - Bitcoin Exchange Guide

https://bitcoinexchangeguide.com/search-interest-about-bitcoin-grows-on-google-but-mentions-decrease-on-twitter/

[Daily Discussion] Saturday, April 20, 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 massive bullrun is coming! Just read perhaps one of the best crypto reports published this year

Adamant Capital just posted their free report: "BITCOIN IN HEAVY ACCUMULATION". Extremely well researched and perhaps one of the best / most bullish crypto reports published this year.

Note: These guys published their reports back in 2012 and 2015 when crypto markets were massively down and people thought crypto was dead. Investors who read that and bought cryptocurrencies back then ended up making massive gains. They're now back with their 2019 report in which they believe crypto markets are seriously undervalued. Their investigative findings show that Bitcoin whales are currently accumulating large amounts of Bitcoin. It seems a bull run is eminent.

Some highlights/snippets from their report:

Adamant Capital: "We pride ourselves in having published our 2012 and 2015 Bitcoin reports during what we perceived as periods of significant undervaluation. Each report was issued when Bitcoin was down more than 80% from all-time highs. Now, at 75% below its 2017 all-time high, we believe the current bear market represents an exceptional opportunity for value investors. During this accumulation phase, we expect for Bitcoin to trade in a range of $3,000 to $6,500, until the new bull market permanently cements the denarian cryptocurrency as a multi-trillion dollar asset class. "

Blockchain analysis suggests Bitcoin whales are now accumulating

Significant parallels with the 2014-15 bear market have emerged

Recent volatility lows suggest retail apathy, market bottoming

Bitcoin's secular bull market is supported by strong fundamentals (e.g.BTC halving event is 399 days away, Fidelity, BAKKT, Northern Trust, TD Ameritrade, Intercontinental Exchange (NYSE), Goldman getting into crypto.)

Report available at: https://twitter.com/tuurdemeester/status/1119272239122264064


[Daily Discussion] Saturday, April 20, 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:


Taxing Sound Money ?

In 1812, the US began taxing gold and silver (sales tax). This is an important event that laid the foundational blocks of transforming gold and silver from 'sound money' to just an 'asset class' / and in doing so they helped promote their money printing machine to fund the 1812 War which led to the Treaty of Ghent. This paper money printer was conveniently picked up by the Federal Reserve in 1913 (and they slapped Gold / Silver with capital gains tax).

We currently pay capital gains tax on Bitcoin. Why pay tax on sound money ? It is highly probable that IRS and Feds would implement a means of enforcing a sales tax on Bitcoin on major exchanges in years to come. The taxation events on Bitcoin will be a move to ensure Bitcoin becomes fundamentally an asset class - this would protect their version of fake 'money' and their printers that are running full steam to enrich the shadowy owners of federal reserve / and enslave the sleeping masses who have failed to unchain themselves from a broken 'money' system.

This issue around 'taxation of sound money' is also echoed by Ron Paul vs. Ben Bernanke in this video :

https://youtu.be/EVyhIGkusnI?t=31


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.


[uncensored-r/BitcoinMarkets] Taklimakan Network is a blockchain platform that aims to bring together financial analysts, crypt...

The following post by aBritishfox is being replicated because the post has been silently removed and some comments within it have been silently removed.

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

np.reddit.com/r/ BitcoinMarkets/comments/bf2omg

The original post's content was as follows:


This allow every users, regardless of their level of training, to improve their investment literacy and personal capital.

The platform provides an opportunity to share ideas and opinions about the cryptocurrency market with subscribers. And save time to get reliable information about current market trends. Taklimakan Network is a place where everyone will find a way to monetize their experience.
Traders can make money on their trading ideas, recommendations and strategies, helping novice users to painlessly join the world of trading. Beginners can use various tools to predict and test their ideas. Get access to the base of educational materials and webinars, as well as directly communicate with cryptocurrency market experts and asset management consultants to get their recommendations.
Professionals can monetize their skills by attracting subscribers and increasing popularity, to form a circle of users who are willing to pay for privileged content and forecasts The Taklimakan Platform is your guide to the world of cryptocurrency and blockchain.



[Daily Discussion] Saturday, April 20, 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] Saturday, April 20, 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:


/r/Monero Weekly Discussion – April 20, 2019 - Use this thread for general chatter, basic questions, and if you're new to Monero

Index

  1. General questions
  2. Wallet: CLI & GUI
  3. Wallet: Ledger
  4. Nodes

1. General questions

Where can I download the Monero wallet?

There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the checksum of your downloaded files when possible.

Please note the following usage of the labels:

⚠️ - Relatively new and/or beta. Use wallet with caution.

☢️ - Closed source.


Desktop wallets

Wallet Device Description Download link
"Official" GUI / CLI Windows, macOS, Linux Default implementation maintained by the core team. Use this wallet to run a full node and obtain maximum privacy. Integrates with hardware wallets. Current version: 0.14.0.0 / 0.14.0.2. GetMonero.org
MyMonero Windows, macOS, Linux Lightweight wallet -- you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. It also has web-based and iOS versions. MyMonero.com
Exodus Eden (Beta) Windows, macOS, Linux ⚠️ / Multi-asset wallet. Exodus.io
ZelCore Windows, macOS, Linux ⚠️ / Multi-asset wallet. It also has Android and iOS versions. Zeltrez.io
Guarda Windows, macOS, Linux ⚠️ ☢️ / Multi-asset wallet. Guarda.co

Mobile wallets

Wallet Device Description Download link
Monerujo Android Integrates with Ledger (hardware wallet). Website: https://www.monerujo.io/. Google Play / F-Droid / GitHub
MyMonero iOS Website: https://mymonero.com/ App Store
Cake Wallet iOS Website: https://cakewallet.io/ App Store
X Wallet iOS Website: https://xwallet.tech/ App Store
Edge Wallet Android / iOS Multi-asset wallet. Website: https://edge.app/ Google Play / App Store
ZelCore Android / iOS ⚠️ / Multi-asset wallet. Website: https://zelcore.io/ Google Play / App Store
Coinomi Android / iOS ⚠️ ☢️ / Multi-asset wallet. Website: https://www.coinomi.com/ Google Play / App Store
Moxi / Guarda Android / iOS ⚠️ ☢️ / Multi-asset wallet. Website: https://guarda.co/ Google Play / App Store

Web-based wallets

Wallet Description Link
MyMonero Web version of the MyMonero wallet. Web
XMRWallet Web wallet with TOR support. Web / Onion URL
Guarda Multi-asset wallet. Web

How long does it take for my balance to unlock?

Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.

How can I prove that I sent a payment?

The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).

How do I buy Monero (XMR) with Bitcoin (BTC)?

There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.

How do I buy Monero (XMR) with fiat?

  • Kraken (USD and EUR): old-school, decent exchange. They might require your documents for verification and approval of your account.
  • LocalMonero: peer-to-peer exchange. They have pretty much everything as a payment method and they support hundreds of fiat options.

How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?

There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration.

That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.

How do I mine Monero? And other mining questions.

The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit r/MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.


2. Wallet: CLI & GUI

Why I can't see my balance? Where is my XMR?

Before any action there are two things to check:

  1. Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on Settings, under Debug info).
  2. Is your wallet fully synchronized? If it isn't, wait the sync to complete.

Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized.

You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait.

If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.

How do I upgrade my wallet to the newest version?

This question is beautifully answered on StackExchange.

Why does it take so long to sync the wallet [for the first time]?

You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization.

Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).

I don't want to download the blockchain, how can I skip that?

The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld.

Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy. A remote node can't see your balance and it can't spend your XMR.

How do I restore my wallet from the mnemonic seed or from the keys?

To restore your wallet with the 25 word mnemonic seed, please see this guide.

To restore your wallet with your keys, please see this guide.


3. Wallet: Ledger

How do I generate a Ledger Monero Wallet with the GUI or CLI?

This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.


4. Nodes

How can my local node become a public remote node?

If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".

How can I connect my node via Tor?

This question is beautifully answered on StackExchange.



[Daily Discussion] Saturday, April 20, 2019

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[Daily Discussion] Saturday, April 20, 2019

Thread topics include, but are not limited to:

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[Daily Discussion] Saturday, April 20, 2019

Thread topics include, but are not limited to:

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  • Do not make posts outside of the daily thread for the topics mentioned above.

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[Daily Discussion] Saturday, April 20, 2019

Thread topics include, but are not limited to:

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  • Quick questions that do not warrant a separate post

Thread guidelines:

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[Daily Discussion] Saturday, April 20, 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: