Tuesday, June 11, 2019

[Daily Discussion] Wednesday, June 12, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
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[Daily Discussion] Wednesday, June 12, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Altcoin Discussion] Wednesday, June 12, 2019

Thread topics include, but are not limited to:

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

Thread guidelines:

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

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

Other ways to interact:


[Daily Discussion] Wednesday, June 12, 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:


BuyModa.org Review - My (thorough) review as a longtime Modafinil / Armodafinil customer of BuyModa

TLDR: The best Modafinil vendor is currently Buy Moda - The only Modafinil vendor that 100% guarantees the delivery of their packages.. meaning if your packages don't reach you for whatever reason, they will re-ship your order no questions asked!

Just had to bust out this review for a few reasons.

One of the main ones?

This online Modafinil pharmacy offers some of the best customer service I’ve ever seen in the industry.

Seriously.

This vendor will go the extra mile to make sure you’re happy with your Modafinil order.

But let’s back up a bit…

Why Modafinil?

Well, Modafinil is all the rage among go-getters all over the world. It’s a safe and reliable way to increase your focus and double your cognitive output.

And I’m not kidding when I say double…this stuff is no joke.

I can usually only withstand six hours of deep, focused work per day. But with Modafinil, I can work from dusk to dawn, taking only a few breaks to shovel down some food or take a whizz.

But don’t just take my word for it, give it a try and see for yourself.

Plus, it’s never been easier to get your hands on the world’s most popular smart drug. Because buying nootropics from Buy Moda is easy peazy.

The pharmacy offers a wide variety of products, reliable shipping, and all kinds of discounts to get the most cognitive bang for your buck.

Hell, I got my order from Buy Moda in just six short days after ordering!

So in this in-depth guide, I’m going to talk about a whole slew of stuff. You’ll find everything you’d ever need to know about buying Modafinil online from Buy Moda.

I’ll cover stuff like:

What is Modafinil? Who is Buy Moda? What I Love About Buy Moda Downsides What Others Have Said Where Do They Ship My Verdict? If anything specific stands out to you, just click the link above. You’ll be taken to the specific section of interest.

If you’re looking for a general overview of why to buy from these guy, just keep on keeping on. Aka reading!

Oh, and one more thing…

I know you’re excited but reign in those horses for one second because I have to make something clear with me disclaimer:

I am not a doctor. Nor am I a lawyer. This article was strictly created for your entertainment. There is no advice here. Always consult a medical professional before consuming any smart drugs or pharmaceutical drugs – like Modafinil. Please read my disclaimer.

The world wide web is the wild, wild west and I’ve got to protect myself – same way you need to do your research before buying nootropics online.

Which is the exact reason I wrote this article. To help you find the best damn Modafinil vendor on the Internet.

…Is that BuyModa.com?

We’re about to find out, but here’s a quick hint:

These guys definitely do a damn good job!

What is Modafinil?

Before we move onto talking about the vendor Buy Moda, let’s talk about what Modafinil is and why you might want to use it.

I’ll keep it simple…

Modafinil was developed in France in the early 1990s as a pharmaceutical drug to treat things like (Source):

Narcolepsy Sleep apnea Shift sleep disorder Yet sooner than later, someone found out Modafinil had impressive “off-the-label” uses. Aka the drug offered huge cognitive benefits.

Aka Modafinil was a smart drug.

A nootropic.

See, some nootropics are pharmaceutical grade – like Adderall, Ritalin, Modafinil, etc. – and other nootropics are over the counter.

Hell, some smart drugs you wouldn’t even know are nootropics – like caffeine and nicotine.

But what sets Modafinil apart from other smart drugs?

Well, that’s simple the stuff delivers long-lasting energy and focus.

Remember how I said you can do a “sun up to sun down” workday on Modafinil? I’m talking 12+ hours of using your noggin’ to kick business and/or academic ass.

That’s downright superhuman.

Nothing else really comes close to Modafinil in this realm.

Hell, the stuff originally became a hit with Silicon Valley CEOs and Ivy League grad students looking to get an edge over their competition.

Suffice to say, these days most consider Modafinil to be the most popular smart drug in the world.

Why?

Because it works so damn well.

If you’re looking to improve cognition, nothing else on the market can top Modafinil!

Trust me when I say that, as I have tried nearly everything there is to try.

Who is Buy Moda? Let’s keep it simple, again…

Buy Moda is an online pharmacy that sells smart drugs produced by Sun Pharmaceuticals and HAB Pharmaceuticals.

In online hustling circles, they are considered to be the gold standard for Modafinil manufacturers.

Aka the best damn generic Modafinil products around.

The vendor offers a variety of products like:

Modalert Waklert Modvigil Artvigil …And more!

Newer to the Modafinil scene, Buy Moda more than makes up for their new name with one thing.

What’s that?

Western-style customer service.

You’ll get lightning fast email support, 24/7 live chat, and more when working with these guys.

Buy Moda is focused on the consumer and it shines through when buying Modafinil for the online pharmacy.

I’ve been more than impressed.

What I Love About Buy Moda

Now, I’ll try to curtail the hype here. Focus on keeping things more neutral than nah, but no guarantees on that one.

Why?

Because Buy Moda does a great job getting Modafinil in the hands of people all over the world!

Here’s some specific things I love after receiving my order from this seller:

Incredible Customer Service Holy crap!

The guys and gals at Buy Moda will bend over backward to ensure you’re happy with your Modafinil order.

Te lo juro.

They have live chat personnel on their site 24/7 and their shipping and customs team is always squared away – which means that you’re never at a loss!

I’ve yet to find faster email response times with a Modafinil vendor either.

This vendor knows how to communicate – like a business ran in the Western world would. Refreshing when talking about smart drug sellers.

Low Prices I’ve found Buy Moda offers some of the best prices in the online Modafinil industry.

You will get a great deal when ordering from these guys.

This is due to the fact that this is a newer online Modafinil vendor. They’re looking to gain customers and build a customer base.

So they’re offering some of the cheapest prices in the industry.

Take advantage while you can.

Guaranteed Delivery! Like any reputable Modafinil vendor…

Buy Moda offers guaranteed delivery on all orders.

You will get your Modafinil order from these guys.

Or you’ll get a full refund. Or a reshipment of the product.

It’s your choice.

This means you have no risk!

Free and Fast Shipping

Common in the industry, but still much needed.

When you order from Buy Moda, you’ll get a free and fast shipping.

Orders tend to arrive within 1-2 weeks depending on what country you’re ordering from.

If ordering Modafinil in the United Kingdom, you’ll find the order arrives in 3-5 days.

For those buying Modafinil in Australia, a 7-10 day delivery time is common from Buy Moda.

Great Payment Options Checking out with Buy Moda is super simple.

While many Modafinil vendors don’t accept credit cards, these guys do.

Simply select “Credit Card” at check out and type your info into their secure processing system.

The pharmacy also accepts Bitcoin, which brings me to my final point in this here section…

Huge Discounts If you buy Modafinil from this vendor with Bitcoin, you’ll get a massive 20% off discount.

in doing so, you’ll find one of the absolute cheapest ways to buy Modafinil anywhere online.

Buy Moda + BTC discounts = some of the world’s cheapest Modafinil!

Any Downsides?

No Modafinil pharmacy is perfect, although Buy Moda does a damn good job.

So here’s a few things I noticed:

You can only buy with Mastercard, Visa, or Bitcoin.

That means no Paypal, which is a bummer for many of the online hustlers like myself that often do business with Paypal.

However, it’s not uncommon for Modafinil sellers not to accept Paypal.

Furthermore…

This Modafinil vendor is newer on the scene. That’s a big downside for many customers, as they don’t have the trust with this vendor.

That’s the reason I made an order with Buy Moda before writing this review.

I tested their shipping times.

I wrote the pharmacy emails and chatted on live chat to see how they responded from a customer service standpoint.

Then I tested every product in the sample pack they sent me to ensure the products were legit.

In all my testing?

Buy Moda came out as a legit pharmacy.

Passing with flying colors.

Great customer service.

Fast shipping.

Legit products.

So I’m inclined to say these guys are legit and one of the better Modafinil pharmacies around.

I wouldn’t write about them if they weren’t.

You can order with confidence from Buy Moda.

What Others Have Said?

Now I’m just one bro online.

This is a new online pharmacy.

So you may have to take my word on this one, as there’s just not that many other reviews on this brand new Modafinil vendor.

But I did some digging for you…

As of writing, Buy Moda gets a trust score of 8.2 on the internet watchdog website Trust Pilot and 83% of their reviews are rated as “excellent” on the site (Source).

Like I said, Buy Moda goes above and beyond with customer service and it shows due to their stellar online reputation.

Here’s what one reviewer on Trust Pilot had to say:

“These guys are the real deal! I was worried about shipping to Canada after research on other pharmacies led me to believe that the package would be seized at customs. I actually setup a mail forwarding account to increase the likelihood of getting delivered…

BUT I didn’t even have to use it because BUYMODA has all of their bases covered when it comes to shipping! BUYMODA was also the only pharmacy I could find that shipped to Canada and accepted credit card. Another thing I loved was the helpfulness and friendliness of their support team which are available via live chat on the site! Overall very impressed with this company and will be reordering indefinitely! 😃”

Suffice to say…

Buy Moda’s online reputation is clean is a whistle.

Where Do They Ship?

They ship almost everywhere so it’s actually more useful for me to list the places that they do not ship. If where you live ends up on the following list, sorry, but you can’t buy from Buy Moda due to customs restrictions:

Brazil, China, Indonesia, Lithuania, Mexico, Philippines, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, Taiwan, Croatia, Hungary, Israel, Pakistan, South Africa or the United Arab Emirates

Don’t live in any of those countries?

Congratulations!

You’ll be having no issue getting Modafinil from Buy Moda.

P.S: One more thing…

Buy Moda is the online pharmacy I’ve found that ships Modafinil to Canada.

Learn more here.

Verdict | Best Modafinil Vendor or Scam Shop?

I wrote this Buy Moda review because I was more than impressed with my order from these guys.

Hell, the pharmacy far exceeded my expectations.

And I wasn’t expecting that because I’m a picky dude.

But Buy Moda is legit as can be.

I recommend ordering from this Modafinil if:

You want a great deal You’re looking for the best customer service in the industry Paying with credit card or Bitcoin is what you prefer Aka I recommend using this vendor to any and all looking to buy Modafinil online.

They do one hell of a job quickly shipping legit generic Modafinil products all over the god damn world!

BuyModa is one of the largest modafinil vendors in the world. They’re veterans in the industry and have paved the way for many of the new modafinil resellers popping up around the world.

Who is BuyModa? What makes them so special?

Here, we review BuyModa as a vendor, discussing their product range, customer service, and pricing options.

Updates: Since their closure in 2018, we go over our favorite alternative vendor.

modafinil-online

Who Is BuyModa?

BuyModa (BuyModa.net) is an online reseller of generic modafinil. Unlike other vendors in this space, BuyModa sells only Modalert. This is a generic version of modafinil made by Sun Pharmaceuticals.

Like many others in the online modafinil space, they don’t offer much clarity into what the company philosophy is, where they are located, or who is running the company.

Many people are skeptical about the faceless company at first, but after several years of operation, and plenty of positive reviews by the nootropics community, they’ve become one of the most well-known modafinil resellers in the world.

Reddit communities and online reviewers reported that their website was operating out of the United States, but was registered to an address in the Philippines.

We’re still unsure of the exact location the website operates from.

Why BuyModa is so Popular

BuyModa has a large following within the nootropic community— and for good reason.

They’re leaders in the modafinil space online. Offering excellent customer service, and improvements in web design and user experience compared to its competition.

  1. Great Customer Service

BuyModa offers a delivery guarantee on all their products. This provides their customers with a sense of security with their orders.

Ordering products like modafinil, which live in a legal grey area, is consequently at risk for confiscation by border officials before delivery. BuyModas solution is to guarantee these deliveries. If an order doesn’t arrive, they ship an identical order at no cost to the customer.

This is a great customer service initiative but is likely to be expensive if orders were frequently caught at the borders of various countries. This could be an explanation as to why they refuse to ship to some countries.

We commemorate this initiative and understand their refusal to ship to countries in which their orders were notoriously confiscated. Other companies also offer a delivery guarantee, but appear to be ignoring customers living in these countries who don’t receive their orders.

  1. Active Online Forum

BuyModa is also well known for their active online forum, which was perhaps the most active in the industry, comparable to the forum community thriving over at their competitor, BuyModaose.

It serves as a place for customers to ask questions and talk about all topics related to modafinil.

  1. Positive Reviews

BuyModa also has many positive reviews listed on their website and on forums like Reddit and LongeCity.

These reviews are unique, in-depth, and appear to be genuine in nature. Some of the competitor modafinil websites are notorious for diluting their negative reviews with paid fake ones.

  1. Excellent Bitcoin Discount

BuyModa offers what we believe to be the highest Bitcoin discount in the industry.

At a whopping 33% discount when using Bitcoin, it’s an excellent incentive for their customers to spend some of their Bitcoin when purchasing modafinil.

There are several reasons why a company like BuyModa would want to take payment in the form of Bitcoin—It’s more discrete and helps them side-step around the exorbitant fees given to supplement companies by credit card processors.

The Problem With BuyModa

There are a few complaints about BuyModa we’ve come across;

  1. Limited Product Selection

The main issue reported by their customers is their lack of selection in terms of modafinil products.

The industry standard is to offer four main products:

Modalert

Modvigil

Artvigil

Waklert

These four products are generic versions of modafinil and the closely related armodafinil produced by Sun Pharmaceuticals, and Hab Pharmaceuticals.

BuyModa only offers Modalert in their product range.

SUN PHARMA

Modalert 200mg

based on 7 reviews

from

$

0,98

/per blisters

See Coupon Code

Read Review

GOOD FOR

Wakefulness, cognitive enhancement, mood enhancement, alertness

DOSAGE

Between

50-200 mg per day

SIDE EFFECTS

Some Reported

Side Effects

ONPEAK

ONSET

2 hr.

PEAK

6 hr.

DROP

2 hr.

  1. Additional Charge For Shipping

BuyModa charges flat rates for shipping, which is quickly becoming a taboo in the online modafinil space.

At BuyModa.net, shipping rates are listed at $12.57 for a 21-day delivery or $22.67 for 7-day delivery. Most online suppliers, including BuyModa, offer free shipping on all orders.

  1. They Wouldn’t Ship To Certain Countries

As we mentioned earlier, we understand why they may have chosen to exclude these countries, and appreciate that they would rather skip out on customers than lie about their money-back guarantee.

It’s unfortunate for anybody living in these countries, however.

Their online forum board, which was well revered as a quality source of discussion and information on the use of modafinil, made a final post explaining their plans to close the service.

The announcement read:

“We’re closing down. Thank you.

We are powering down BuyModa.net, as it is no longer needed, modafinil can now be purchased directly from India for $0.11 per pill, it would be unethical for us to continue.

We will be sure to keep you posted on this process over the next few weeks.

Thank you for all the support, Stay Limitless! “

As their departure message reads, they’re leaving the modafinil space because of the drop in modafinil cost in India to just $0.11 per tablet.

This suggests that unlike the majority of modafinil resellers, they weren’t based out of India. Nearly every other online modafinil reseller is based out of India, and for good reason.

India has very relaxed laws around the sale of pharmaceuticals, and there are a number of large-scale pharmaceutical manufacturers operating in the region. Two of these manufacturers produce generic modafinil and armodafinil.

Speculation On Why DuckDose Closed Down:

There were a few things in BuyModas business structure that may help to shed some light on why they may have shut down.

For starters, their shipping charge is higher than the average international shipping rate for the small product sizes involved with modafinil. This is a good indication that they were not based out of India or China where shipping rates are low. The fact that they had to charge customers for this is a good indication they were being charged high shipping rates.

Combine this with the high number of lost orders at the borders of certain countries and it’s easy to see how the operating cost of an online modafinil vendor trying to thrive outside of India could be significantly higher than the competition.

If BuyModa was in fact based out of the United States, and the American government was able to identify the owners, they may have been forcefully shut down.

However, this is unlikely based on the fact they gave several weeks warning about their closure and were able to maintain the guarantees given to their current customers regarding lost orders or refunds. Had they been shut down forcefully by the United States government they would have likely ceased operation immediately.

The most likely outcome is they simply couldn’t compete with the Indian based companies selling modafinil at a lower price and more leniency on covering confiscated orders.

Updated: Who’s The Best Remaining Supplier?

Our personal favorite is BuyModa.

They offer similar discounts, payment options, discreet shipping, delivery guarantees, and an immaculate customer service record as BuyModa.

On top of this, they offer a larger variety of modafinil and armodafinil selection, free shipping, and a large resource library for their customers to educate themselves on modafinil and related nootropics.



What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ.

USDQ brings stability, with no need to engage legacy finance

How do USDQ and Q DAO coins work within the ecosystem?

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets.

Introduction to Q DAO and USDQ

There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience.

Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come.

USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future). It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices.

The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse.

In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.

Review of Q DAO and USDQ

Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag.

In addition, all the fees, charged for the system use, can be paid only in Q DAO.

In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed.

In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin.

Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike.

What makes USDQ stand apart

The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas.

The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size.

In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users.

Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be.

Why do we need stablecoins anyway?

Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year.

In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies.

Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets.

One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes.

Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect.

Bottom Line

USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets.

Here are the main ecosystem’s features:

  • The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain.
  • USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage.
  • USDQ brings higher decentralization, driving this important vector in the development of crypto industry.
  • Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward.

Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed, PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin.

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world.

PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues.

This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.


[Daily Discussion] Wednesday, June 12, 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:


LinkEye Monthly Report-May 2019

https://i.redd.it/fucrjpohcu331.png

Significant progress

1, LinkEye public chain Dpos + Pbft consensus mechanism developed smoothly, the current progress of 35%;

  1. The development progress of Light mode is 35%;

3, "E-Miner" and "love core" cooperation to launch bitcoin mining machine "Aicore A1", computing power 24T, and has completed the first phase of sales, in May sold a total of 967 “Ai core A1” Bitcoin mining machine;

  1. As of May, there were 3,334 sets of mining machines in “E-Miner” hosted services, including 2,367 ants S9, 967 Ai core A1;

  2. The “Prism” platform docks with a domestic financial technology institution and completes the blacklist test;

  3. The LinkEye community hosted a “Dragon Boat Festival” campaign, which sent a total of 43 gifts.

Halo World

  1. The Stars replace the signature certificate and the update is completed;

  2. "E-Miner" and "love core" cooperation to launch bitcoin mining machine "Aicore A1", computing power 24T, and has completed the first phase of sales, in May sold a total of 967 “Ai core A1” Bitcoin mining machine;

3 As of May, there were 3,334 sets of mining machines in “E-Miner” hosted services, including 2,367 ants S9, 967 Ai core A1.

Prism

  1. The “Prism” platform docks with a domestic financial technology institution and completes the blacklist test;

  2. Three new cooperative organizations have been added to the “Prism” platform, and currently 35 contracts have been signed;

  3. The Southeast Asian financial market has completed investigations and visits in Indonesia, the Philippines and Vietnam;

  4. The data query platform runs stably.

Community

The LinkEye community held the “Dragon Boat Festival Ritual Attack” from May 28th to May 30th. 538 people participated in the event, and the number of interactions was 1363. The prizes have been released.

First Prize: LinkEye “Dragon Boat Festival Custom Gift Box” (8 copies)

Second prize: Seven pieces of LinkEye commemorative coin (15 copies)

Third prize: 50 LET (20 copies)

  1. LinkEye and Huobi jointly organized Twitter's overseas activities “How to make the world a better place”.

06-12 03:13 - '[Recommendation]EARN FREE ETC' (self.Bitcoin) by /u/eun_nice removed from /r/Bitcoin within 13-23min

'''

I just found this event @BITHOLIC.

You can get 0.5 ETC by just sharing their event.

Hope you (and me!!!) get it. :)

[LINK]1

'''

[Recommendation]EARN FREE ETC

Go1dfish undelete link

unreddit undelete link

Author: /u/eun_nice

1: *.*edd*i**ygt7*8k*9u331.png

Unknown links are censored to prevent spreading illicit content.


What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ.

USDQ brings stability, with no need to engage legacy finance

How do USDQ and Q DAO coins work within the ecosystem?

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets.

Introduction to Q DAO and USDQ

There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience.

Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come.

USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future). It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices.

The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse.

In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.

Review of Q DAO and USDQ

Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag.

In addition, all the fees, charged for the system use, can be paid only in Q DAO.

In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed.

In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin.

Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike.

What makes USDQ stand apart

The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas.

The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size.

In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users.

Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be.

Why do we need stablecoins anyway?

Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year.

In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies.

Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets.

One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes.

Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect.

Bottom Line

USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets.

Here are the main ecosystem’s features:

  • The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain.
  • USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage.
  • USDQ brings higher decentralization, driving this important vector in the development of crypto industry.
  • Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward.

Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed, PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin.

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world.

PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues.

This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.


[Daily Discussion] Wednesday, June 12, 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:


What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ.

USDQ brings stability, with no need to engage legacy finance

How do USDQ and Q DAO coins work within the ecosystem?

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets.

Introduction to Q DAO and USDQ

There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience.

Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come.

USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future). It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices.

The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse.

In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.

Review of Q DAO and USDQ

Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag.

In addition, all the fees, charged for the system use, can be paid only in Q DAO.

In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed.

In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin.

Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike.

What makes USDQ stand apart

The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas.

The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size.

In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users.

Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be.

Why do we need stablecoins anyway?

Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year.

In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies.

Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets.

One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes.

Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect.

Bottom Line

USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets.

Here are the main ecosystem’s features:

  • The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain.
  • USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage.
  • USDQ brings higher decentralization, driving this important vector in the development of crypto industry.
  • Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward.

Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed, PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin.

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world.

PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues.

This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.



What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ.

USDQ brings stability, with no need to engage legacy finance

How do USDQ and Q DAO coins work within the ecosystem?

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets.

Introduction to Q DAO and USDQ

There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience.

Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come.

USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future). It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices.

The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse.

In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.

Review of Q DAO and USDQ

Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag.

In addition, all the fees, charged for the system use, can be paid only in Q DAO.

In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed.

In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin.

Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike.

What makes USDQ stand apart

The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas.

The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size.

In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users.

Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be.

Why do we need stablecoins anyway?

Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year.

In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies.

Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets.

One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes.

Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect.

Bottom Line

USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets.

Here are the main ecosystem’s features:

  • The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain.
  • USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage.
  • USDQ brings higher decentralization, driving this important vector in the development of crypto industry.
  • Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward.

Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed, PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin.

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world.

PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues.

This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.


BITCOIN WILL ROCKET TO THE MOON By SEPTEMBER 2019 – This AMAZING EVENT Will RAISE PRICES To $70Ok!

http://blog.btcpeek.com/2019/06/12/bitcoin-will-rocket-to-the-moon-by-september-2019-this-amazing-event-will-raise-prices-to-70k/

BITCOIN WILL ROCKET TO THE MOON By SEPTEMBER 2019 – This AMAZING EVENT Will RAISE PRICES To $70Ok!

http://blog.btcpeek.com/2019/06/12/bitcoin-will-rocket-to-the-moon-by-september-2019-this-amazing-event-will-raise-prices-to-70k/

[Daily Discussion] Wednesday, June 12, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


BITCOIN WILL ROCKET TO THE MOON By SEPTEMBER 2019 – This AMAZING EVENT Will RAISE PRICES To $70Ok!

http://blog.btcpeek.com/2019/06/12/bitcoin-will-rocket-to-the-moon-by-september-2019-this-amazing-event-will-raise-prices-to-70k/

BITCOIN WILL ROCKET TO THE MOON By SEPTEMBER 2019 – This AMAZING EVENT Will RAISE PRICES To $70Ok!

http://blog.btcpeek.com/2019/06/12/bitcoin-will-rocket-to-the-moon-by-september-2019-this-amazing-event-will-raise-prices-to-70k/

[Daily Discussion] Wednesday, June 12, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


Bitcoin NEXT Trading Breakout – January 2019 Price Prediction, News & Trade Guide

http://blog.btcpeek.com/2019/06/11/bitcoin-next-trading-breakout-january-2019-price-prediction-news-trade-guide/

Bitcoin NEXT Trading Breakout – January 2019 Price Prediction, News & Trade Guide

http://blog.btcpeek.com/2019/06/11/bitcoin-next-trading-breakout-january-2019-price-prediction-news-trade-guide/

[Hire Me] Cryptocurrency Content Writer: I Will Make Them Re-Read and Share Your Articles with My Captivating Writing

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Warren Buffett Will Face ‘All Blockchain Leaders’ At $4.6M Crypto Lunch

Tron CEO Justin Sun will seek help from “all the leaders” in cryptocurrency when he has lunch in infamous Bitcoin naysayer Warren Buffett.


Sun: Lunch To ‘Bridge Crypto And Traditional Investors’

Speaking to _Yahoo! Finance_in an interview June 11, Sun, who paid $4.56 million in an annual charity auction to dine with Buffett, said his own project should not form the sole focus of the meeting.

“…We want this lunch to be a bridge between the cryptocurrency community and the traditional investor, so that’s why I will bring all the leaders in the… blockchain industry… to have more communication, which will benefit both sides,” he told the network.

Sun raised eyebrows when he announced his participation in the auction, which was held on eBay, earlier this month.

As Bitcoinistreported, his stance within cryptocurrency focuses heavily on publicity for the Tron platform and its associated TRX token, Sun frequently criticizing other extant networks such as altcoin leader Ethereum.

Nevertheless, the event, the date of which remains unknown, will form an interesting occasion when Buffett will be outnumbered at the negotiating table.

The 88-year-old Berkshire Hathaway CEO has delivered uniquely sour verdicts on Bitcoin in recent years, variously describing it as “rat poison squared,” a “gambling device” and “not investing.”

His veteran partner in crime, Berkshire vice chairman Charlie Munger, contributed “turds” and “freshly harvested baby brains” to the mixture.

No ‘Shilling Tron’ to Warren Buffett

Sun knows he will also have his work cut out, voicing doubts about the true potential for anyone to convince Buffett that cryptocurrency is worth gaining exposure to.

“It might be unrealistic in just three hours to convince Warren Buffett to buy cryptocurrencies,” he said in response to a tongue-in-cheek question about using the lunch to “shill Tron.”

We just want to show him the recent progress of… cryptocurrency and… blockchain technology.”\

The showdown at least has time on its side: Bitcoin price 00 has rallied once again in recent days to challenge $8000, capping overall six month gains of 136 percent.

Berkshire’s own share price history – up 127,000 percent since 1979 – already pales in comparison to the profits of an original Bitcoin investor. Since its first recorded price in 2009, as of April this year, BTC/USD was up 720 million percent.

Sun meanwhile let slip that his own stash of crypto cash was not involved in paying for the privilege of meeting fiat royalty. The funds instead came from BitTorrent, which Tron acquired last year and which has “nothing to do with” the crypto sector, he noted.

What do you think about the outcome of Justin Sun’s lunch with Warren Buffett? Let us know in the comments below!


Images via Shutterstock

The post Warren Buffett Will Face ‘All Blockchain Leaders’ At $4.6M Crypto Lunch appeared first on Bitcoinist.com.

Full Article


Tokenomy May Highlights

Welcome to another issue of the Tokenomy Monthly Report!

Dalam Bahasa Indonesia | 中文

https://i.redd.it/q5e4ujzito331.png

Below are some of our highlights and key developments since our Tokenomy April Highlights.

Highlights of the Month:

1. BlockJakarta

Tokenomy COO Ken Chia at BlockJakarta

BlockJakarta brought together over 300 participants for a day-long conference exploring the opportunities and challenges in Blockchain technology.

We hosted our own booth, educating others about Tokenomy’s value, and Ken Chia sat in on a panel discussion highlighting trends in crypto adoption throughout Indonesia.

2. PlayGame Partnership

https://i.redd.it/n1g7o76quo331.png

PlayGame (PXG), the first blockchain-based digital game arcade in Indonesia, started as a successful ICO through Tokenomy Launchpad back in September 2018.

Our recently launched partnership with PlayGame further streamlines the gaming process— TEN tokens are now accepted as payment for competition registration and prize pool currency.

It is simple to purchase TEN tokens! They are available through a variety of channels including retail stores and E-banking.

For more details and examples on how to buy TEN tokens, please refer to this informative article!

3. Mobile Friendly Display

We recognize and appreciate that many of our users visit our platform via mobile devices — we are excited to share that the Tokenomy Exchange interface is now optimized for mobile!

Try it out yourself on the Tokenomy Exchange!

4. TEN Token Statistics

As a platform and a community, we have made significant progress in our journey so far! We would like to share some a few statistics on TEN, our native token:

  • Total TEN Token Holders: 42,000
  • TEN Average Daily Trading Volume: $223,228
  • TEN May Trading Volume: $5,580,702

Ongoing Events

FlywithTEN PlayGame Competition

https://i.redd.it/53ffz5txuo331.png

The FlywithTEN PlayGame Competition just kicked off a few days ago, celebrating our recent partnership with PlayGame! Use your TEN tokens to pilot FloppyBird to a high score and stand a chance at winning great prizes.

It is easy to join:

  1. Visit the game link here and click on competitions
  2. Select Fly with TEN
  3. Contribute 1 TEN token into the prize pool as a registration fee and enjoy!

Top Score Rewards

  • Winner: 1 gram of Gold

Participation Rewards

  • Lucky winner #1: 2 grams of Gold
  • Lucky winner #2: 1 gram of Gold
  • Lucky winner #3: 1 gram of Gold

View the full press release and contest details here.

Tokenomy Charity

https://i.redd.it/hxjmkfn0vo331.png

We have partnered with Kitabisa, one of Indonesia’s largest crowdfunding platforms for social initiatives, to roll out this exciting new feature!

Through Tokenomy Charity, you can practise philanthropy and make donations to causes that you care about using cryptocurrencies of your choice (TEN, BTC, ETH, or USDT).

We will kick off this partnership with two projects: IT Islamic Boarding School and Javier’s Treatment.

Read more about the projects in detail here, and start using this new feature on our website.

Indodax’s Community Coin Voting 9

https://i.redd.it/bc13ste4vo331.png

In collaboration with Tokenomy, Indodax is holding a Community Coin Voting 9 event, where attractive prizes will be up for grabs! Stand a chance to win Honda Beat Pop eSP and Total 10 million Rupiah of Vouchers for 100 winners by voting for your favourite coin on Indodax using TEN!

For more information, please visit here!

About Indodax: Indodax (formerly known as Bitcoin.co.id), Tokenomy’s affiliated company in Indonesia, has become one the largest cryptocurrency exchange in Southeast Asia, and has a shared login with Tokenomy Exchange.

Happy Eid Mubarak 1440H

Tokenomy team wishes you and all Tokenomy members a Happy Eid Mubarak 1440 H. May the day delight and the moments measure all the special joys for all of you to treasure, May the year ahead be fruitful too, for your home family and especially for you all.

Sign up for a Tokenomy account to start trading and become a part of our active community!

There will be more exciting announcements and events coming your way. Be sure to keep yourself up-to-date with all our social media channels or sign up for our Tokenomy Newsletter!

Thank you, Tokenomy Team


[Daily Discussion] Tuesday, June 11, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Tuesday, June 11, 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: