Thursday, May 16, 2019

Bitcoin Investment | Bitcoin Investment Guide & Tips

https://bitcoininvestmentguides.info/index.php/2019/03/06/bitcoin-investment/

[uncensored-r/BitcoinMarkets] [Daily Discussion] Friday, May 17, 2019

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Thread topics include, but are not limited to:

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Altcoins Discussion: Altcoin Discussion

[Daily Discussion] Friday, May 17, 2019

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Guide to mine MBC on your desktop/laptop

I always thought crypto mining required expensive graphics cards, ASICs hardwares, and costs lots of electricity. But with CPU mining we can mine in the background of our desktops/laptops and get some coins while we work.

Do it at your office and you don't even have to pay for electricity (lol)!

This is a guide to set up CPU mining for MicroBitcoin.

Medium article on mining MBC on any desktop/laptop

A nice way to gain some extra MBCs for some passive income on the side

https://i.redd.it/z246ir2yjpy21.jpg

[uncensored-r/Bitcoin] Bitcoin is a con job

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

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Put 3 months of my rent into it last week as people wouldn’t shut up about it. Drops 1k in price.

You are all con artists and seriously delusional if you think bitcoin will ever go to 5 figures. The government will simply kill it in the unlikely event that it happens, keyboard warriors this is not a fight you can win. Stop influencing people to throw their money away and quit this pseudo gambling operation. Seek help from gambleaware.

[Daily Discussion] Friday, May 17, 2019

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[Daily Discussion] Friday, May 17, 2019

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05-17 03:53 - 'Bitcoin is a con job' (self.Bitcoin) by /u/rsbronn removed from /r/Bitcoin within 10-20min

'''

Put 3 months of my rent into it last week as people wouldn’t shut up about it. Drops 1k in price.

You are all con artists and seriously delusional if you think bitcoin will ever go to 5 figures. The government will simply kill it in the unlikely event that it happens, keyboard warriors this is not a fight you can win. Stop influencing people to throw their money away and quit this pseudo gambling operation. Seek help from gambleaware.

'''

Bitcoin is a con job

Go1dfish undelete link

unreddit undelete link

Author: /u/rsbronn

[Daily Discussion] Friday, May 17, 2019

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Altcoins Discussion: Altcoin Discussion

[Altcoin Discussion] Friday, May 17, 2019

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

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Daily Discussion for bitcoin only: Daily Discussion
Prior Altcoin Discussion: Altcoin Discussion

[Daily Discussion] Friday, May 17, 2019

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Canadian Reseller for DarkMEDIA - Packages starting at $10 Canadian - Price match guarantee

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Prices are quoted in Canadian dollars. (M=Months, C=Connections)

1M1C = $10
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1M5C = $26
3M1C = $26
3M2C = $30
3M3C = $34
3M4C = $38
3M5C = $42
6M1C = $46
6M2C = $50
6M3C = $54
6M4C = $58
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e Transfer
Bitcoin (btc)
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If you have any questions or would like to try out our service please PM me.

[Daily Discussion] Friday, May 17, 2019

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EMPIRE MIRRORS - Constantly Updated!!

UPDATE 23:40 UTC - I'm done for tonight, I'll be back tomorrow. Peace

PHISHERS ARE EVERYWHERE, EVEN IN PMs, be VERY careful. There are posts in this subreddit you should read about not being phished.

DO NOT DEPOSIT MONEY UNLESS YOU SEE YOUR LOGIN PHRASE ON THE HOMEPAGE. You had the option of making a login phrase when you signed up, if you don't one have one or can't remember it, you should create a new one in account settings. When you see your own phrase on the homepage, it is safe to deposit money into your account. Don't get robbed!!!

Also,

- EMPIRE MARKET TEAM is not on reddit so don't trust anyone by username.

- Refresh the login page to check if the captcha is changing.

- Empire market never ask you for your PIN & Mnemonic.

- Bitcoin deposit address always starts with 3.

- Look for your login phrase on the homepage to ensure you are not on a phishing site

- PGP verify all mirrors (if you don't know how, go to Youtube and follow along to this guide https://www.youtube.com/watch?v=lAblt1Qt_ng)

- Enable 2FA

This link has been stable for a long time so hopefully it will stay on:

Empire Market Registration with Invite Code:

7bz7t2vwcofe3dbz.onion/ref/460532

7bz7t2vwcofe3dbz.onion

BEWARE OF LINKS IN COMMENTS, THEY CONTAIN PHISHING LINKS

(thanks to u/NoEfficiency1 for his anti-phishing text which I borrowed from here)

[Daily Discussion] Friday, May 17, 2019

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Coindar Crypto Event Tool: Free Calendar App to Keep Track of Important Bitcoin Events

https://bitcoinexchangeguide.com/coindar-crypto-event-tool-free-calendar-app-to-keep-track-of-important-bitcoin-events/

[uncensored-r/BitcoinMarkets] [Discord] Cryptocurrency AIO Bot - Add To Your Server!

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Pi is a free discord bot that anyone is welcome to use on their own discord server. The bot features commands that help you read market data, keep up to date with your favorite projects, and easily share ideas with your friends. My team has been developing this bot over the past few weeks and we are finally releasing it as a beta which people can now add to their servers! We are still looking to add a lot of features (which auto updates) over time, so if you have any features you would like to see please email us at [admin@pureinvestments.com](mailto:admin@pureinvestments.com) with your ideas or comment here.

Current Features:

- Ability to grab all of the news/events tied to a given coin pairing.
- Ability to get prices and coin information for a given exchange or the highest volume exchange.
- Ability to get the market depth visualization of a coin on a given exchange.
- Ability to generate a chart in chat of a coin on a given exchange.
- Ability to view the volume of a coin of a given exchange.

- Ability to report scammers/spammers to our blacklist database.
- Ability to lookup users in our large blacklist database.

Documentation can be found here: https://bitbucket.org/pureinvestments/pi/wiki/Home
You can add our cryptocurrency discord bot here.
Again, please suggest features! We want to expand and add a lot more functionality to the bot.

[Daily Discussion] Thursday, May 16, 2019

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[Daily Discussion] Thursday, May 16, 2019

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[Daily Discussion] Thursday, May 16, 2019

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Edmonton Event: Bitcoin Hack Day Saturday 18th May 9am-5pm

https://www.meetup.com/yegbitcoin/events/kfzqsqyzhbxb/

[Daily Discussion] Thursday, May 16, 2019

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May Bitcoin Futures Seeing Heavy Volumes

by Shain Vernier

May has been a banner month for Bitcoin (BTC), featuring a breakout rally above $8000. Crypto bulls have taken control of the BTC cash market, bidding values higher at a rapid pace. No one is 100% sure why values are spiking ― perhaps this week’s traded volumes of May Bitcoin futures are a clue.

May Bitcoin Futures Show Heavy Volumes

Monday was a huge session for assets across the board, especially equities and cryptocurrencies. Stocks took a beating, while cryptos rallied. May Bitcoin futures put in an opening week GAP up before posting a test of the $8000 level.

Aside from the glaring daily GAP ($6290-$7150) for May BTC, the most striking observation from this chart are the daily traded volumes. Here they are from this week (approximate values):

Monday: 31,017
Tuesday: 25,928
Wednesday: 13,325

Bitcoin futures are a large contract offered by the CME, featuring extensive margin requirements and a pricey tick size. In practice, they are not the most popular instrument among retail traders.

However, institutional investors implement BTC futures to hedge portfolio risk and speculate on forthcoming moves in the cash markets. Given this week’s comparatively huge traded volumes in May Bitcoin futures, it appears institutional players are betting on an extended rally out of BTC.

Bottom Line: If the big money players are going long, then look for everyone else to pile on. In the event we see a significant retracement in this week’s range, buying in from the daily 38% retracement is a good play to the bull. Taking a long position from $7125 is a solid market entry point. With an initial stop loss at $6489, this trade is good for $875 per BTC on a return to the $8000 level.

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Trading Bots: Are They a Force for Good?

While some trading bots have gained popularity among crypto enthusiasts, others have been used by unregulated exchanges for nefarious means.

Trading bots have become a staple of today’s markets — especially in the 24-hour cryptocurrency industry. But while some have gained popularity by enabling enthusiasts to execute their strategies automatically and keep on top of the latest trends, others have caused controversy by manipulating prices using methods that would break the law on regulated exchanges.

For everyday crypto consumers, knowing the difference can be crucial. Bad bots are often involved in a practice known as “wash trading,” which sees buy and sell orders being placed simultaneously in order to distort true levels of activity in the market. As reported by Cointelegraph in March, one alarming study by Bitwise Asset Management suggested that 95% of reported volumes on unregulated exchanges appears to be fake or noneconomic in nature.

Wash trading is the type of unethical behavior that could put innocent traders in harm’s way. Lesser-known exchanges may be engaging in these strategies with a view to improving their rankings, making it seem like they have higher levels of liquidity — deceiving investors in the process.

However, not all trading bots are used for nefarious means — and indeed, some are having a positive influence on the market by helping investors to make faster decisions while reducing the amount of time they have to spend monitoring the ups and downs of the crypto world hunched over a laptop.

Cutting mistakes

According to Cryptorg, a service that offers bots to automate digital currency trading on major cryptocurrency exchanges, the technology has the potential to reduce the mistakes made in the heat of the moment. The company says success often heavily depends on the psychological state of a trader — and this means that spontaneously chasing losses or holding out for additional gains can have huge ramifications if their knee-jerk strategy doesn’t work. Such erratic decisions would often not be made by these professionals in the cold light of day, and as such, trading bots enable users to meticulously set out their strategy to a predetermined algorithm — complete with orders on when to buy or sell coins.

As the markets never sleep, traders can also feel like they are under pressure to stay glued to their computers and smartphones for fear of missing out on the next big price jump. Bots can play an instrumental role in helping crypto enthusiasts determine their strategies morning, noon and night, leaving them free to pursue other business endeavors or indulge in some leisure time while safe in the knowledge that the settings they choose will do all of the hard work for them.

Indeed, it is also possible that bots could help traders enjoy greater success with their chosen strategies. This is because automated software can instantly react to data points and execute the necessary transactions in a matter of seconds. In some cases, human traders can be a lot slower than their bot counterparts in achieving the same outcome — and when markets are moving fast, this time difference can prove to be exceedingly valuable.

But aside from the fact that bots have the potential to reduce mistakes, take the emotion out of trading and allow crypto traders to catch up on some much-needed sleep, Cryptorg says that there’s another thing to consider: ease of use. When traders are using a myriad of exchanges — often with complicated and conflicting interfaces — the company says that users can run the real risk of pressing the wrong button and making a costly error.

According to Cryptorg, its goal is to remedy this by offering a unified interface that enables traders to access multiple exchanges in one place — Poloniex, Binance, Bittrex, Bitfinex, KuCoin, HitBTC and AlienCloud among them. This can also help eliminate the big to-do list that users face before they make a trade, eliminating a multitude of complicated logins and delivering a simple point of access.

But, are there downsides?

There can be. Many trading bot platforms are only as good as the technology they have been built upon, and to this end, it is crucial to ensure that a company’s systems are robust — eliminating pesky delays that could cost traders money or see them shut out of trading at crucial moments because of downtime and technical hiccups.

There is also a risk that some traders may think that bots can do all of the heavy lifting for them, meaning that they don’t monitor their chosen platform anywhere near as much as they should. System quirks and missing orders can never be ruled out, and checking in on a regular basis can ensure that any problems are rectified before financial damage is inflicted.

Bots are also only as good as the strategies that they are told to execute, and oftentimes, it takes more than this to enjoy success when crypto trading. Automated systems can detect trends but cannot accurately react to or understand the significance of news events that can cause currency prices to soar dramatically or crash unexpectedly. Meanwhile, many traders use something called “backtesting” to see how strategies they are considering will play out based on historical data. Although this can be an exceedingly useful guide, past market movements cannot dictate what’s going to happen in the future — and as such, it’s always worth using such features with a great deal of caution.

With almost 7,000 active trading bots at the time of writing, Cryptorg says its goal is to furnish traders with as much information as possible to help them enjoy success while trading. Its platform will incorporate elements of social networks to build a community where users can share promising strategies, seek advice from other professionals and send signals to others.

Other features give users the ability to trade and mine (including the company's native token, CTG) at the same time, while integration with the Bitmex exchange enables them to trade with leverage using bots.

Four subscriptions are also offered for Cryptorg’s automated trading platform, depending on how many bots and API keys a user requires. More advanced pricing plans enable traders to access greater numbers of trading pairs simultaneously, along with technical support that’s tailored to their own exact requirements.

Full Article

Highlights OF OOOBTC EXCHANGE

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Trading Fees: This another point you have to investigate before picking an exchange. OOOBTC as a very lower trading and exchange charges. The OOOBTC trading expenses is far lower than its counterparts; it was intended to charge just 0.15% as exchange expense for the two bidders and venders while that of withdrawal charges is 0.50%; and I should disclose to you it is the most reduced over the globe.

Volume & Liquidity: Volume & liquidity is significant in an exchange in light of the fact that without volume, traders will be baffled with cost. OOOBTC has a generally excellent volume & liquidity for various token listed on the platform and allows traders to make a sensible increase of their decision.

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For further information, visit https://www.ooobtc.com

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Paying the Price: WeChat Merchants Banned From Crypto Payments

Chinese payment giant WeChat bans crypto payments for merchants.

On May 7, Dovey Wan, founding partner of crypto investment firm Primitive Ventures tweeted that the Chinese social media behemoth and payment service provider WeChat is set to ban merchants from making cryptocurrency payments. This ban marks the latest effort to stymie cryptocurrency usage in China, with the government also mulling over ways of greatly decreasing the presence of crypto mining on its soil.

WeChat bans crypto payments

A rough translation of the Payment Service Protocol found on weixin.qq.com indicates that the ban is a result of changes regarding payment management and measures to ensure “the prevention of illegal telecommunications networks and criminal matters,” brought about by the People’s Bank of China.

Although the screenshot tweeted by Wan does not explicitly label cryptocurrency transactions as illegal, the text states that users who engage in crypto trading will have their accounts terminated. As per the screenshot, “merchants may not engage in illegal transactions such as virtual currency,” along with other restrictions not related to fintech.

As most over-the-counter (OTC) trades conducted in China take place via WeChat, Wan predicted that the ban “may impact local liquidity to quite some extent.”

Changpeng Zhao (aka CZ), CEO and founder of the cryptocurrency exchange Binance, said that, although he believes the restrictions were imposed on the company externally, there is still room for optimism. CZ wrote that this will not, in his view, have a negative effect in the long term.

This is a classic example of short term pain, long term gain.

It is inconvenient for people short term, and they take a hit. But long term, it is precisely this type of restriction of freedom that will push people to use crypto. Not a bad thing.

— CZ Binance (@cz_binance) May 7, 2019CZ also said that the WeChat user experience was positive overall and would be hard to beat if the company took on a more transparent approach.

Honestly, it would be hard to beat WeChat pay if they are relatively open. (The UX is good). But more and more restrictions are forced upon them (probably not their own choice). Go #crypto!

— CZ Binance (@cz_binance) May 7, 2019Some members of the crypto community expressed their frustration at the news of the WeChat ban, however, and CZ retweeted one of his previous comments regarding situations that can initially seem depressing in the crypto world.

No need to worry. Some negative news often turn out to be positive in the long term. Chinese have a proverb for this. New (often better) opportunities always emerge during times of change.

— CZ Binance (@cz_binance) March 23, 2018In Q4 2018, WeChat Pay reported a total daily transaction volume of over 1 billion in unspecified currency. The total number of service users allegedly amounted to 1.098 billion. The technology news outlet TechNode reports that the usage is widely spread across different age groups, with 98.5% of Chinese people between the age of 50 and 80 using the app.

The new cryptocurrency policy comes into effect on May 31.

Expert predicts Chinese renminbi will become cryptocurrency

Although China has a well-established reputation for its hostility toward cryptocurrency, some experts now believe that the Chinese renminbi (RMB) will, itself, become a cryptocurrency.

In an interview with Bloomberg, the Blockchain Research Institute executive chairman, Donald Tapscott, explained that, according to the vice-chairman of the Communist Party, President Xi Jinping envisions blockchain technology playing a central role in the future of the country. Commenting on the country’s legal stance on cryptocurrency and mining, Tapscott added:

“It’s not really necessary to do that [to ban exchanges and mining] because in 20 years we are not going to be using bitcoin in China. Chinese people will use the RMB, only the RMB will become a cryptocurrency. The central bank of China will turn it into a digital currency.”

Although Tapscott believes that the renminbi is set to become a cryptocurrency, he remains hesitant about the prospects of decentralized exchanges within the country. Tapscott emphasized that, although these exchanges could, in theory, operate within the country, the government still has a firm stance toward digital currencies. Tapscott also suggested that decentralized exchanges will become the most prominent:

“Decentralized exchanges will dominate over the centralized ones, because you can identify this kind of bad behaviour and do something about it.”

China ponders mining ban

A Reuters report published on April 9 revealed that the Chinese government is considering placing a ban on crypto mining. With the majority of the world’s most significant mining pools founded in China, the fallout from this decision could well be significant.

This is not the first instance of the Chinese government trying to curtail mining activity. In February 2018, CNN Money reported government attempts to force miners into making an “orderly exit” from the industry through taxation and by linking crypto mining to environmental dangers. These alleged environment concerns have also been echoed by the National Development and Reform Commission (NDRC), which has included crypto mining as one of the industrial activities it intends to discontinue, as it “lacked safe production conditions, seriously wasted resources, polluted the environment.” This latest targeting of crypto mining comes under the auspices of the NDRC’s Catalogue for Guiding Industry Restructuring, which has been responsible for monitoring industry in the country since 2005.

Although the NDRC appears to have mining set firmly within its sights, there is no immediate deadline for the proposed elimination of the industry. The report instead suggests that mining activity should immediately be reduced.

The government’s renewed focus on mining activity is the latest blow to the industry. Although mining once represented one of the most profitable cryptocurrency sectors, companies are now having to diversify their sources of income to stay afloat. The most notable example of this is that of Bitmain, an ASIC chip manufacturer and mining company that once dominated roughly three-quarters of the global market and operated 11 mining farms at the time of its 2018 initial public offering (IPO) filing. Less than a year on, the company added artificial intelligence to its list of products after taking a beating from the crypto bear market and a decline in profits from mining and mining hardware sales. According to the company’s former co-chief executive, Jihan Wu, this is par for the course in the current climate, stating that “as a China company, we have to be prepared.”

Should this prospective ban on mining be implemented, it’s likely to have a ripple effect on the entire global crypto industry. Mark D’Aria of Bitpro Consulting LLC, said he sees the short-term effects being “extremely disruptive”:

“There will certainly be many winners and losers in the mining industry, as non-Chinese miners would benefit in the short term from significantly reduced difficulty, and from inexpensive surplus hardware as it filters out of China.”

D’Aria added that the actual impact of the ban would depend on the timing and nature of its implementation:

“If it was decreed that all miners were to shut down immediately, all of that hashrate lost in an instant could significantly disrupt the technical operation of the Bitcoin blockchain, slowing it down significantly until the next difficulty reduction. If this ban was implemented shortly after the last difficulty adjustment, this transitional period could last months.”

Although prospects for the crypto market may well appear grim in the event that the ban would take effect, D’Aria explained that the bitcoin blockchain will recover in the long run:

“It's yet another example of how resilient Bitcoin actually is — it can be disrupted in the short term, but long term it adjusts to compensate.”

WeChat toughens stance on OTC trading

WeChat is not the only payment provider with a history of hardening its stance toward cryptocurrency in China. In August 2018, the mobile payment app Alipay cracked down on users using Alipay accounts for over-the-counter bitcoin trading.

According to the Beijing News, Alipay tightened its restrictions and, in some instances, permanently blocked accounts using its services to conduct bitcoin OTC trades. As per the article, the company reportedly created an inspection system for “key websites and accounts.”

The company’s decision to toughen its stance on OTC trading comes against the backdrop of other trading platforms, including peer-to-peer and OTC resources being banned as part of a blanket prohibition on wider crypto trading activity since September 2017.

News about Alipay’s decision to block a number of accounts soon spread to the crypto community, with Red Li, co-founder of the Chinese crypto community 8BTC tweeting a screenshot of the announcement from Alipay, stating that “#alipay is blocking accounts involved in bitcoin otc trading.”

The same month, WeChat blocked several accounts suspected of publishing initial coin offerings (ICO), along with the official sales channel of the bitcoin mining behemoth Bitmain, due to an alleged licence violation.

Full Article

Trading Bots: Are They a Force for Good?

While some trading bots have gained popularity among crypto enthusiasts, others have been used by unregulated exchanges for nefarious means.

Cutting mistakes

But, are there downsides?

Full Article

[Daily Discussion] Thursday, May 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:

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[Daily Discussion] Thursday, May 16, 2019

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[uncensored-r/Bitcoin] I couldn't find an existing guide, so I made my own: Bitcoin Seed from Coin Flips - How to create...

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

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Stellar Lumens (XLM) Breaks Key Resistance, Surges 55% To Outdo Bitcoin

Stellar Lumens (XLM) rally, add 55.6 percent
The network failed for two hours on May-15

Stellar’s validator nodes “trust” the SDF nodes. Because of that, there was a failure, and the system couldn’t reach consensus for two hours on May-15. At the moment, XLM is under pressure but up 18.8 percent in the last day.

Stellar Lumens (XLM) Price Analysis

Fundamentals

In the words of Yorke Rhodes, development around blockchain feels like it is back to 1995. Then, the internet had little interest to the average consumer. Fast forward, 19 years later, and Web-1 is indispensable. Everyone can be a publisher in this decentralized web where communication is seamless.

Now, it’s blockchain’s turn, and as the world readies for “investment,” Stellar is laying down the infrastructure. The native currency, XLM, fulfills the same functions as XRP, a coin that is embroiled in controversies, struggling to clear the centralization and security tag. However, it is XLM that is under investor’s radar.

Aside from influential partners in IBM, Coinbase is airdropping the coin increasing demand for the asset. At the same time, XLM did draw some momentum from the “Coinbase effect” following its listing at the American exchange.

All the same, XLM did crumble for some hours today following a freeze in the network. For two hours on May-15, the platform couldn’t reach consensus meaning no transactions were validated, because, one Redditor said “most validators on the network, if not all of them, trust SDF nodes. So that means that SDF validators are needed for the network to reach consensus.” In his explanation, Jed McCaleb, co-founder of Stellar, said:

“Over the last months, we have worked to get people to not depend on the SDF nodes. As of maybe a month or so ago the SDF nodes could safely go down and the network would continue. However, this also means that the network can halt even if the SDF nodes are still running. Unfortunately, this is what happened.”

Candlestick Arrangement

With a pin-bar and zero-support, Stellar (XLM) is melting. Even so, it is up 18.8 percent in the last 24 hours and a massive 55.6 percent from last week’s close. At the back of this is a humongous bull bar marking the entry of buyers, thrusting above a 5-month resistance level at 13 cents.

Because of yesterday’s event and volumes behind the breakout bar, every low dip should be a buying opportunity with the first target at 18 cents. That will be a retest of Q2 2018 lows. Nonetheless, any blast above 20 cents could see XLM rally to 30 cents.

On the flip side, should today’s overvaluation spur a sell-off below 11 cents and 8 cents with high participation, our bullish outlook would be null.

Technical Indicator

From the chart, prices were mostly ranging with caps at 13 cents and floors at 8 cents. After May 15th’s bull bar — 5 million versus 1 million, any bar cementing buyers above 13 cents ought to be with equally high volumes above 5 million.

[_Chart_](http://www.tradingview.com/)**_courtesy of Trading View._** The post Stellar Lumens (XLM) Breaks Key Resistance, Surges 55% To Outdo Bitcoin appeared first on NewsBTC.

Full Article

[Daily Discussion] Thursday, May 16, 2019

Thread topics include, but are not limited to:

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Technical analysis, trading ideas & strategies
Quick questions that do not warrant a separate post

Thread guidelines:

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Weekly threads: Newbie Mondays and Fundamentals Fridays

Bitcoin just as it was made to be. Encourage people to watch this clip.

https://twitter.com/bsmith12251960/status/1069109827194908672 Bitcoin is so fragile at begining. It needs community act together to ensure the seeds secure inside the soil and growing. I watch it over and over again think about recent events.

About MinedBlock

What is MinedBlock?

MinedBlock Limited will be responsible for the smooth operation, repair and expansion of physical assets, as well as fully cover all expenses incurred in excess of the profits. Under no contingency, users and token holders will not cover any costs and damages in the event of any unforeseen circumstances.

The main principle of MinedBlock is to provide maximum transparency for all its customers and long-term investors. MinedBlock will fully disclose its plans and intentions, as well as information about progress and profit. All information on expenses and incomes will be published monthly for review and viewing by all users and tokens holders in order to ensure maximum transparency of the entire platform and service of controlled mining. All existing wallet addresses that belong to the company will be posted on the investor's information panel and this will allow all participants to see all the assets of the MinedBlock company at any time.

Digital needle search in digital straw stack Dijital

There is one thing that I want to draw attention to very briefly before I go to the topic: Bitcoin extraction, ie mining to get some bitcoin, is not the sole purpose of mining. Bitcoin miners, also called Blockchain and BTC is one of the features of the BTC and decentralized account to keep the book, which is why this is what it is and what is the subject of another article also be the subject. For now, let's just think of mining as mak to find / remove bitcoin co Şimd

Bitcoin mining is, in fact, very, very, in summary, the search for a number that is characteristic of your computer, and what makes this number so special is that it is difficult to find and difficult to find.

Bitcoin mining is getting harder

The reason for it to be difficult and difficult is not by chance. This is because the Bitcoin protocol is being designed, a security measure set by Satoshi Nakamoto. This security measure (that is, it is difficult to find) is that everyone can't perform in Bitcoin printing ”(and / or manipulate Blockchain)) according to his head.

Actually, think of mining as a game of chance that you play on your computer or, as I wrote above, in a straw stack of numbers, again by searching for numbers. Assume that each of your search moves is proportional to your processing power. In this case, the more CPU power you put into this, the more likely you are to find a needle in the haystack.

In the meantime, you can imagine that the digital straw stack in question is gigantic and the needle is tiny. And it is not possible to i start looking from a corner of the haystack asyon and to use the optimization methods in such ways to shorten / increase your chances. This is going to be a bad example, but think that the needle is constantly and randomly displaced.

MinedBlock mining As A Service.

MinedBlock offers the open door for financial specialists to exploit utilizing the assets from a huge scale mining task, mining numerous crypto resources without the need to purchase, design and keep up costly mining hardware.

MinedBlock one of a kind way to deal with this movement gives you a completely verified and agreeable token giving you an offer of responsibility for holding organization behind the administration and not only an ‘arbitrary utility token.

What is CPU Mining?

In the early days of Bitcoin, it was possible to mining with any computer (it is still possible, of course, but not materially profitable because it costs much more than its revenue). Even the official Bitcoin client Bitcoin-QT self-mininge was openly presented to the user. What we call CPU mining, the computer used in the CPU, the power of the central processing unit of the computer, taking advantage of the above-mentioned mathematical operations to do the computer and as a result was to obtain Bitcoin. But soon after, more people became familiar with Bitcoin, and the mining stream became obsolete, which increased the overall processing speed of the network and raised the level of difficulty. But the end of the era of CPU mining was not the only one. There is another factor that causes this Buna

What is GPU Mining?

Graphics cards are more efficient than processors (CPUs) to solve the mathematical problems required to perform Bitcoin (and some other coins) mining. The reason for this is that the GPUs (Graphics Processing Unit), the processors of the graphics cards, are more efficient in the floating point calculations and the processes required for Bitcoin extraction are intensively used by these calculations. That is to say, in a parable that the GPUs are more effective in the mining process than the CPUs, which will also be understood by those who do not. Çiler If the GPUs are strong and fast mine workers, the CPUs are more qualified, white-collar workers. The CPUs are perhaps more educated and knowledgeable, but GPUs are much more effective for mining.

How is MinedBlock Different From Cloud Mining?

With a cloud mining service, you usually purchase contracts for a particular hashrate for 5 years. With such an agreement, it will usually take you about 48 months to compensate your costs by leaving 1/5 of the contract requirement to make some profit. What many people don't consider is that you'll probably never make a real profit, unless the network challenge will increase at that time, that is, the price of Bitcoin is not dramatically increased.

There are different arrangements out there, for example, cloud mining administrations, yet they aren’t straightforward or financially savvy and MinedBlock means to change that. There have been various mining ICOs directed through 2017/2018 that offered an offer of digging income as an end-result of speculation however that haven’t led their token deal as a controlled Security Token Offering which builds the hazard to speculators.

MinedBlock ICO

Token: MBTX

Token Type: ERC20

Price: 1 MBTX = 0.15 USD

Buy with: BTC,

Buy with: LTC,

Buy with: ETH,

Buy with: BCH

Market Soft Cap: 1,000,000 USD

Market Hard Cap: 30,000,000 USD

Website: https://www.minedblock.io/

Whitepaper: https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf

Bounty0x Username: arifcakir13

[Daily Discussion] Thursday, May 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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Weekly threads: Newbie Mondays and Fundamentals Fridays

[Daily Discussion] Thursday, May 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:

Get an invite to live chat on our Slack group
Set your flair to trade pretend money in the Flair Game
Weekly threads: Newbie Mondays and Fundamentals Fridays

Bitcoin just as it was made to be. Encourage people to watch this clip.

https://twitter.com/bsmith12251960/status/1069109827194908672 Bitcoin is so fragile at begining. It needs community act together to ensure the seed secure inside the soil and growing. I watch it over and over again think about recent events.

Weekly /r/Iowa Events Thread for the week of May 16, 2019

This thread is for any events going on in Iowa this week! What events will you be attending? What events do you want to attend? What events do you want to promote? Whats new around that state this week? Add a comment below. Anything from music to politics to a house party.

If you have any recurring events, specials, or other suggestions for this weekly thread, please send us a modmail or post it here and ping /u/annarchist - else it will likely be focused on shit Im interested in.

Please provide the following when posting new events: Time, Date, Location, Cost and some sort of description of the event.

New threads start every week, and will be stickied at the top of the subreddit. I am still working on the formatting, so if it sucks or you want changes, please provide feedback.

Here are some places to find things to do - if you see something that looks cool feel free to discuss it here because I'm sure some of us will miss it: Cityviews Calendar - Juice Calendar - Des Moines Register Event Page - Catch Des Moines Calendar - Travel Iowa Event Search

Outdoors: Trout Stocking Schedule | Iowa Biking Maps | Outdoors Things to Do | Hunting Regulations | Fishing Regulations Note -Annual Iowa hunting and fishing licenses expire on Jan. 10.

Music: Bands in Town - Des Moines | Bands in Town - Cedar Falls | Bands in Town - Iowa City | Nitefall on the River

Des Moines Reoccurring Events:
*Third Friday of Every Month is Mixology at the Science Center in Des Moines * Blues Jam Band every Tuesday at Carl's Place, $3 tallboys * Area515 1731 Grand Avenue, Des Moines - Electronics Club 2nd Wednesdays at 7pm - 3D Printing Club 3rd Mondays at 7pm - Ham Radio Night 4th Mondays at 7pm * Young Professionals Connection Calendar * Des Moines Bitcoin and Blockchain MeetUp at Gravitate in West Des Moines - 4th Thursday of the month - 7:00pm * D&D at Mistress Brewery in Ankeny Sundays 3:30pm-7:30pm.

Quad Cities Reoccuring events: * Every other Wednesday (July 25th): Eat the Streets (downtown Davenport) * relevant sub thread

Cedar Falls Reoccurring Events: * Every Tuesday night there are rides that leave at singlespeed in CF. 5:30 is the 22mph average ride. 6:00 is the 18mph average ride and women's ride. * Every Wednesday is the the CvC WOW ride that meets at 6 pm at 4th and Main St in CF. Several types of rides for all types of riders.

Council Bluffs Reoccurring Events: * Every Thursday night in council bluffs is the Taco Ride from CB to mineola Iowa

Central Iowa Bar Map - If you know who created this or want to download the XML and expand on it, please do so! If you create an updated one including your regions bar, Ill replace this one.

Note this is going to start likely central Iowa Centric as I am using that as the baseline the creation of this.

Tag/ping /u/AnnArchist if you post in here with like something added on a weekly basis. I also included the tag here so I remember to check this.

Iowa Discord Server

A HODLer's dilemma - There are likely much fewer Bitcoin millionaires than you think

I first learned about bitcoin through a newsletter reporting a Mt Gox hack in 2011. After reading about its potential to be seriously disruptive, I still avoided making any purchases due to the limited (and shady) means of acquiring any.

But I kept my eye on it. I saw the small pattern of boom-bust cycles but there were too few at the time to consider this pattern to be normal.

I bought my first bitcoins in April 2013. I'd FOMO'ed the runup from $15 to $100 and finally bought in at $138. One of the only ways to buy bitcoin at the time was to deposit cash into some rando's bank account and cross your fingers that they'd actually send you bitcoin in return. I was lucky. They did.

Bitcoin continued to rally to $230. I'd nearly doubled my money in a few days. I finally applied for a Mt Gox account and was hooked.

It only took 3 more months to watch my initial investment be cut in half after the retrace to $66.

My point here is it took balls to invest in the chaotic sphere of crypto from a total bystander who's not a cypherpunk. I had a spare $500, my career was built on the industry Bitcoin was poised to disrupt, so I bought a few as a "hedge" in my mind.

So I hedl. The price eventually stabilized and slowly crept up to my initial buy in. I learned about coinbase and registered an account right before the second bull run of the year.

Bitcoin ran up to $1,100. I was amped. Bought in a ton more on the way up. Convinced buddies to buy in at over $1,000.

Then it tanked again. I praised friends who "called the top" and got out while I hedl.

But at that time I was a lot more convinced that long term growth was inevitable. I explained to my buddies that this is normal and that they should think of their money spent as a shitty night at the casino. They can pull it out now or just forget about it and see where it goes. They listened.

And I kept buying randomly. I set a DCA calendar event but rarely listened to it. I bought here and there with spare funds over the next few years as it traded sideways.

Overall, I spent about $15,000 over the course of 4 years. Who spends $15,000 on an unproven volatile asset with naysayers around every corner? Anyone with any financial sense would think I was insane to put that much money into the space.

Now I own 25 bitcoin and a decent number of the other top coins. I'm in a great position.

But I want you all to heed this story as a means to prepare yourselves for strong hands over the next boom/bust cycle.

I watched my $15k investment balloon to over $600k during the 2017 bull run. Then I watched my portfolio shrink $350k in like 6 weeks. Then another $150k over the following months.

It was painful. But I'm still hodling. I often wonder about how strong my hands can be when I finally see my crypto portfolio in the 8-figure range. I truly believe that Bitcoin stands to insanely disruptive and coexist on a massive level with the fiat powerhouses of today.

But how am I going to react when that valuation means I can retire at age 35? How am I going to react if it grows to unfathomable levels and the next bust sees me losing millions of dollars over a few short months?

I can't tell you. I don't know myself. I know I'll not be happy to sell out at 1MM if it climbs to 10MM in a few years. But I'll have reached a FIRE benchmark at an age that a very rare few can even dream of. It's an insane concept to be able to say you turned $15k into a million dollars. Even more so if it's multi-millions.

That's why I think a lot fewer bitcoin millionaires exist than you think. When reflecting on how much is made over such a little investment, the idea that it could go even higher simply escapes logic. Even if you truly believe that Bitcoin will cement itself as an alternative or replacement to currency/payments/store-of-value, there's still a huge risk it can all collapse at some point.

So. What would you do? How much will you be willing to put on the table once it's real? Once you literally have hundreds of thousands of dollars on the line?

Prominent Analyst: Trouble for Bitcoin if Price Corrects Below $7,500

A prominent analyst fears difficulty for bitcoin if its spot rate drops below $7,500.

Nick Cote, the chief information officer at US-based Redacted Capital, said holding the $7,500-level is essential for bitcoin as it began correcting from a yearly high of $8,388 this Thursday. The analyst noted that bitcoin falling below $7,500 could switch the interim market bias in favors of bears, as shown in the chart below.

Bitcoin Price Breaks Below Interim Ascending Trend Line | Image Credits: Nick Cote

Cote showed bitcoin breaking below a crucial ascending trendline and forming lower lows towards $7,836.23. The price action flipped the then-current range support – defined by $8,210-8,246 – to resistance and brought new support targets in sight. One of these supports is at $7,500, a level which served as strong resistance to bitcoin’s multiple upside attempts during May 12-13 session. The same level turned support after the bitcoin price closed above it on May 13 between 1500-1600 UTC.

Six hours after Cote predicted a “deeper dip towards $7,500,” the bitcoin price formed a fresh lower low towards $7,748.72.

“So far so good,” said Cote. “Bounced into the throwback, bearish price action confirmed. Now let’s see if we can get the lower level tag. Holding at 7,500 would indicate more life, but below, yikes.”

So far so good. Bounced into the throwback, bearish price action confirmed. Now let's see if we can get the lower level tag.

Holding at 7,500 would indicate more life, but below, yikes. pic.twitter.com/sR2PTHSeZX

— Nick Cote (@mBTCPizpie) May 16, 2019

What’s Below $7,500

Cote expected the bitcoin price to continue its drop towards $6,700 if it drops below $7,500. The analyst did not explain why he chose $6,700 as his downside target. However, a more in-depth look at his chart spilled the secret out.

NewsBTC found that Cote was taking his cues from the bitcoin price action from May 13. The trading session on the day tested $7,500ish range on four consecutive occasions. The resistance area rejected those upside attempts and eventually woke the bears. The result was the formation of nine red candles posting more than 10-percent in losses ahead of the session close, as shown in the recreated chart below.

Bitcoin Testing $6,700 as Bear Target | Image Credits: TradingView.com

The only thing standing between $7,500 and $6,700 now was a red curve which was not there during the May 13 trading session. This 200-hourly moving average could offer generous support to a possible, extended bitcoin downside action, much like how the 50-hourly moving average (the blue curve) capped the bitcoin’s May uptrend. Breaking below the 200H MA was also a signal of intense selling action which, as Cote predicted, could quickly test the $6,700-target – or beyond.

Bulls’ Take, Meanwhile

The bitcoin price at press time is testing $7,752 as range support, another support level with a decent history. At the same time, the cryptocurrency’s hourly Relative Strength Index (RSI) is oversold, waiting for an upside correction.

A combination of these technical factors could influence bitcoin to surge higher on an hourly basis. Meanwhile, a falling trendline in violet above would serve as a barrier to claim a stronger bullish bias. So, if bitcoin stays below it, Cote’s prediction would remain relevant. If not, the cryptocurrency would likely attempt to close above its 2019 high to continue its ongoing bull run.

The post Prominent Analyst: Trouble for Bitcoin if Price Corrects Below $7,500 appeared first on NewsBTC.

Full Article

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[Daily Discussion] Thursday, May 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:

Get an invite to live chat on our Slack group
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Weekly threads: Newbie Mondays and Fundamentals Fridays

[Daily Discussion] Thursday, May 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:

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Weekly threads: Newbie Mondays and Fundamentals Fridays

[uncensored-r/BitcoinMarkets] [Altcoin Discussion] Thursday, May 16, 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/bp81pd

The original post's content was as follows:

Thread topics include, but are not limited to:

Discussion related to recent events

Technical analysis, trading ideas & strategies

General questions about altcoins

Thread guidelines:

Be excellent to each other.

All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.

This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.

No discussion about specific ICOs. Established coins only.

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

Other ways to interact:

Get an invite to live chat on our Slack group and check out the #altcoins channel

Daily Discussion for bitcoin only: Daily Discussion

Prior Altcoin Discussion: Altcoin Discussion

I Found A Recipe Box Service On The Dark Web

So, I’m assuming you guys have heard of these online Recipe Box services. Companies like HelloFresh or Blue Apron that deliver high quality ingredients and cooking guides so their customers can create restaurant style meals in the comfort of their own kitchens.

Well my Girlfriend and I adore them. One of the highlights of our week is opening the packages to discover which delicious, healthy meal we’ll be making together. It’s not only brought us closer together as a couple, it’s actually helped us lose a couple of pounds, since we’ve opted for the low fat menus.

Now, I use Tor browsers to access the Dark Web. Not for anything weird, I don’t buy drugs or stolen electronics, nor do I venture into the seedier parts of the internet’s underground. I know it’s there; I just don’t care to see it.

But on one little browsing session, I came across a Recipe Box service that appeared to be exclusive to the Dark Web. It was called Mi-Go-Cook. It only accepted Bitcoin payments, but it promised to be the most exciting, adventurous meal delivery service available.

I signed up without a second thought. My girlfriend would be in for a delectable surprise.

The first Recipe Box arrived exactly on schedule.

We were already making awkward jokes about the probability of being tricked into consuming human flesh sent by some Dark Web psychopath. Yet as we popped open the box and saw that the ingredients were indeed of the highest quality, all our fears dissipated.

That doesn’t mean it wasn’t an unusual meal plan. The Filet of Yig came with a large, bright-white slab of meat along with little baggies of potent smelling herbs. Galangal from south east Asia, Pandanus from the South Pacific, along with all manner of seasoning that neither of us had ever heard of.

I admit we were both a little apprehensive to sample such adventurous cuisine, but once the divine smells of the meat and spices in our skillet had begun to waft around the kitchen, we were sold. It was without doubt the most delicious meal either of us had ever tasted in our lives. Rich, exotic flavors that seemed to effortlessly complement each other along with the most tender, mouthwatering meat I’ve ever purchased.

But something was wrong.

The next morning, both of us had to call into work. My girlfriend wouldn’t stop puking into the bathroom sink while I had diarrhea so bad that it left me painfully dehydrated.

I emailed the customer complaints department of Mi-Go-Cook, pretty angry that their meal had gotten us so goddamn sick. The reply came back almost instantly. Apparently they were inundated with complaints since one of the ingredients in the last batch had not been sourced properly, I had no idea what that meant, but I found their offer of a full refund and a free meal kit to be very reasonable.

There was, however, a caveat. The meat we’d been sourced was from a very rare sea creature, one on the endangered species list and therefore highly illegal to purchase or consume. We were instructed not to contact any local emergency services, since this could result in our arrest and detainment.

We’ve waited days now and nothing has arrived. Each of us has been too sick to leave our apartment, but we’re not yet desperate enough to call 911. We just don’t have the cash to spare for something like that and I’m terrified we’ll be arrested if the authorities discover what we’ve eaten.

My girlfriend has been sleeping for almost 24 hours now, she’s so weak. Her skin has turned from healthy pink to a sickly pale, last time I checked on her she actually looked kind of grey. She was wheezing too, her mouth gaping as she gasps for fresh air. Almost like a fish when it’s trapped out of water. I’m really worried about her, I’m scared she’s dying.

I feel really woozy but I think the meal delivery guy has arrived. He’s been wandering around the hallway outside for a while now. I’m not sure how long, I’m losing track of time, but it must be them. I hope it is anyway.

I checked the peephole on our front door. The guy wears a weird looking rubber uniform and a small face mask with ventilators on it. I called out to him but he won’t reply, he just stares back at the peephole with that dark visor covering his eyes.

He’s been watching, waiting, taking notes while other men in rubber uniforms and face masks arrive. I don’t recognize the symbols on their clothing or equipment. They carry a lot of equipment, medical looking stuff.

But something tells me…

…they’re not here to help.