Friday, September 20, 2019

[uncensored-r/BitcoinMarkets] [Daily Discussion] Saturday, September 21, 2019

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

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Thread topics include, but are not limited to:

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

Thread guidelines:

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

Other ways to interact:


[Daily Discussion] Saturday, September 21, 2019

Thread topics include, but are not limited to:

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

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] Saturday, September 21, 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:


Bitcoin IRA Crypto Guide & Regal Wallet

Getting started with cryptocurrency investment can be difficult, however. There are many different factors to consider, and a significant amount of information to absorb to ensure you have performed your due diligence. When it comes to extremely important investments such as an IRA, due diligence is critical.

Regal Wallet provides detailed guidance on how to establish and manage a Bitcoin wallet and capitalize on the rapidly growing price of Bitcoin in order to dramatically increase the value of an IRA.

More info about regal wallet: https://regalwallet.com/a/17339



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Empire Market is the biggest darknet market right now:

empiremqf4aerfos (add .onion)

empirefqiope767k (add .onion)

empirea5oam25zj4 (add .onion)

Working Mirrors Can be Found On Dark Fail if the Main Link is Down:

darkfail .live (remove the space)

READ THE SECURITY ADVICE BELOW TO MAKE SURE YOU DON'T GET PHISHED

PHISHERS ARE EVERYWHERE, EVEN IN PMs, be VERY careful.

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 have a login passphrase or you don't recognise it you should create a new account that has one. When you see your own phrase on the homepage it is safe to deposit money into your account.

Also,

  • 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


VITA has come to a successful journey

VITA has come to a successful journey, i wish You all the best to Your all the future events as well. me and my crypto audience always support good projects like this. This platform created for just users and companies which can launch information campaigns. It's really exciting! #ICO unite us all! @Vita_Token #VITA #VITATOKEN #ICO #bitcoin #btc and #cryptocurrency


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TERMS:

These are the Terms and Conditions of the Referral Program operated by Plutus Financial, Inc. d/b/a Abra, which is referred to in these Terms as “Abra”, “we” or “us”.

Eligibility and Agreement. If you use our Referral Program, these Terms apply. If you do not agree to these Terms, you must not use our Referral Program. If you use our Referral Program, you agree to do so in compliance with these Terms and with applicable laws and regulations.

Changes to These Terms. We may make changes to these Terms, including when there are changes in our Referral Program, technology, regulation or for other reasons. If we do, we will provide you with notice of such changes by posting the updated Terms on our website and changing the “Last Updated” date above. Any amended Terms will become effective no earlier than 5 days after they are posted and apply prospectively to use of the Referral Program after such changes become effective, except that changes addressing new functions of the Referral Program or changes made for legal reasons will be effective immediately. Your continued use of the Referral Program following the effective date of such changes will constitute your acceptance of such changes. If you do not agree to any amended Terms, you must discontinue using the Services.

You must be 18 years of age and older.  Employees of Booking Holdings Inc. and its affiliates, as well as participants (including their representatives and staff members) in the Abra Affiliate Partner Program, are excluded from participation. All Referrers must be natural persons.

You agree that Abra, in its sole discretion, may suspend or terminate your participation in the Referral Program if Abra believes that you have violated or acted inconsistently with the letter or spirit of these terms.  Any suspected fraudulent, abusive or illegal activity may be grounds for termination of your participation in the Referral Program. Abra may also in its sole discretion and at any time discontinue providing the Referral Program, or any part thereof, with or without notice.

Referral Fee

Unless otherwise agreed upon, by us, in writing, you will be entitled to earn a referral fee payable in USD or Bitcoin, [as determined by Abra in our sole discretion] for each new user wallet registered through your referral link that either (i) links their Abra wallet to an approved bank account and deposits a certain minimum in funds within 90 days, as communicated by Abra to you on a campaign-by-campaign basis; (ii) deposits a certain minimum in Bitcoin (or other currency) into their Abra wallet within 90 days as communicated by Abra to you on a campaign-by-campaign basis,; or (iii) otherwise meets the conditions communicated by Abra to you on a campaign-by-campaign basis.  The amount of the referral fee will be communicated to you on a campaign-by-campaign basis by Abra. Abra shall pay the referral fee to you within seven (10) business days after the occurrence of either (i) or (ii).

You are limited to twenty (20) referrals in any one calendar year. We may impose additional restrictions on the number of referrals for which you can earn a referral fee. Any such restrictions will be communicated to you on a campaign-by-campaign basis. You may not create additional wallets for purposes of earning additional referral fees.

Display of Referral Links

You will not share or publish your referral link in a manner that would be in violation of applicable anti-spam laws or where there is no reasonable basis for believing that recipients would be interested in joining the Abra platform. You will indemnify and hold Abra, its directors, officers, employees, shareholders, agents and successors harmless, from and against any claims that may arise from any unlawful forwarding or sharing of the referral link.

Additional Restrictions

You agree that you will not directly or indirectly do any of the following in connection with your participation in the Referral Program:

  • Infringe on our intellectual property, publicity, privacy or other rights.
  • Violate any law, rule or regulation.
  • Post any content that is threatening, harassing, defamatory, obscene, harmful to minors, or contains nudity, pornography or sexually explicit materials.
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  • Create multiple wallets for purposes of earning Referral Fees.

Advertising & Publicity

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  • E-mails must first be submitted to us for approval prior to being sent or we must be sent a copy of the e-mail.
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Social Media

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FTC Disclosure Requirements

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For more information about FTC disclosure requirements, please review the FTC’s “Dot Com Disclosures” Guidelines at http://www.ftc.gov/os/2013/03/130312dotcomdisclosures.pdf (example 21) and the FTC’s Endorsement Guidelines at http://business.ftc.gov/advertising-and-marketing/endorsements

Indemnity

You shall defend, indemnify and hold Abra harmless from all claims, damages, and expenses (including, without limitation, reasonable attorneys’ fees) relating to: (i) your acts or omissions in connection with your participation in the Referral Program; or (ii) breach of this Agreement.

Disclaimers

We make no express or implied warranties or representations with request to the Referral Program or any Abra products and services (including, without limitation, WARRANTIES OF FITNESS, MERCHANTIABILITY, NON-INFRINGEMENT, OR ANY IMPLIED WARRANTIES ARISING OUT OF COURSE OF PERFORMANCE, DEALING, OR TRADE USAGE). In addition, we make no representative that the operation of our website will be uninterrupted or error free, and we will not be liable for the consequences of any interruptions or errors, including the tracking of information concerning referred users during any period of interruption.


Making Money on Twitch – Monetization Strategies

Streaming is not all just about making money, but there is nothing wrong with making money on twitch. For many of us streaming is our job, for others its something they strive for. In any case, having a plan is good for business.

There are many ways streamers are making money on twitch and a million more ways that have not been thought of yet. Today we are going to go over the eight top ways most streams make money. I would love to see some tips/ideas from those of you reading in the comments below this article.

Making Money on Twitch

Donations

Likely the most straightforward and obvious way streamers are making money on twitch is donations. Donations can be accepted via paypal, creditcard, bits, crypto (bitcoin/dogecoin/etc), and beyond. Some streams have incentives for donations that give donors special perks and abilities within the stream/chat. Other streamers do fun things like dancing, singing, and many other creative celebrations.

Subscriptions

Essentially equally as obvious as donations, subscriptions. Subscriptions are for many streamers, the biggest source of income. Subs really add up, and are reoccurring. The more you stream and the better you do, the more you get. A common tactic to reward/incentivise subs is to give subs special chat commands that affect the stream, another being special perks in discord. Taking special care of your subscribers really goes a long way.

Ads

Ads are a big deal and if the content creator is clever, can be the biggest money maker. On twitch alone, you must be a partner to get a piece of the ads. Sam goes for youtube, however it’s not nearly as difficult to achieve. If you are able to achieve one, or both, you can really do well in this area. Another great form of ad revenue is via having a website that is set up with an ad program like google adwords. Combining twitch, youtube, and a website can be an incredible ad generating force if done correctly.

Merchandise

People really like and appreciate physical things that they can hold, that represent their favorite streamers and content creators. Usually in the form of apparel, however the extra creative content creators tend to go beyond that. Posters, kazoos, shakers, bottles of water with custom labels, DVD’s, CD’s. If it’s cheap to make but cool and it represents you, your loyal people will buy it. The possibilities are endless. Bonus points for personally signing the merch.

Now keep in mind that there are many ways to do merch. Getting started with zero money is an absolute possibility, however it requires running a store through a third party which will take upwards to 80% or more of the profits. Investing in inventory yourself is risky and can result in your being stuck with a bunch of product. Handing your own sales does have a much larger reward, but also comes with a higher work requirement. Packaging and shipping orders, dealing with lost/broken items, unhappy customers (who are your viewers) comes with the territory. Be willing to do some extra work if you want to make better money with merch.

Side note, Amazon, the worlds largest online retailer, just so happens to own twitch. Just a hunch but I believe there is quite a bit of untapped potential in that arena.

Sponsorship

Getting sponsored is a great way to generate some extra revenue as a streamer and content creator. There are countless companies that are looking to promote their products with the perfect online personality. Some companies have physical products, others have digital products such as video games and security services. Appearing at events and endorsing a product is another great form of sponsorship. These companies have huge advertising budgets and you can get a piece of it.

Commissions

Creative streamers who are artistic or technical can seriously shine in the commission department. A lot of streamers pick up skills along the way that they can use to help others, and even making money on twitch. Emotes, logos, animations, transitions, video edits, music, sounds, programs, apps, websites, scripts, bots, and beyond are all things people are willing to pay for.

Consulting

Although personally, I currently prefer giving away knowledge for free, there is money to be made in the world of consulting. There are people with money to spend who desire what you have locked in your mind. They want to know quickly and efficiently the correct path of action. OBS and audio can be hard for many and you can be the one to help.

Digital media

One form or revenue, which I believe to be completely underrated is digital media. So many streamers are very creative musically, with their voices and acting, and so much more. This gives them the capability to get involved in the creation of musical albums and video media that can be sold or licensed online, creating yet another form of revenue.

Original article: https://www.gamerebel.net/making-money-on-twitch/

Video form: https://www.youtube.com/watch?v=nTMDOOxLmhw


Yes, we wanted the show. And yes, we got it!💪 ⠀ For the first time in history, Bitcoin hash rate hits 102 quintillion! Truly a remarkable event! ⠀ Now the competition among BTC miners will grow even more furious...🏃‍♀️🏃‍♂️🏃‍♀️🏃‍♂️

https://cointelegraph.com/news/bitcoin-hash-rate-hits-102-quintillion-in-historic-network-milestone

Daily analysis of cryptocurrencies 20190920(Market index 41 — Fear state)

https://i.redd.it/1oz8rns7orn31.png

Korean Conglomerate CJ Develops Blockchain For Music Copyright
CJ, one of South Korea’s largest conglomerates, is developing a blockchain-based music copyright management system using AWS’ Amazon Managed Blockchain Service, according to local media.
Korean news agency Yonhap said in a report on Sept. 19 that the initiative is being led by CJ OliveNetworks, a subsidiary of the CJ Corp parent company that operates the beauty retail and technology business of the conglomerate.

CME Group To Launch Bitcoin Options In Q1 2020
CME Group, the world’s leading and most diverse derivatives marketplace, announced on Sept 20 it will launch options on its Bitcoin futures contracts in Q1 2020

OCBC First Singapore Bank To Join JPMorgan’s Blockchain Network
OCBC has become the first Singapore bank to join JPMorgan’s live blockchain service — known as the interbank information network (IIN), JPMorgan said on Sept 20. The Singapore lender joins 112 other banks from the Asia-Pacific in joining the IIN, with regional banks dominating the list of new entrants. Asia-Pacific banks that have signed up on the network now total 134, making up nearly 40 percent of the 343 banks that have signed up since 2018. The 80 Japanese banks that have signed up also form the largest bloc globally.

45 Bitcoin Miners Consumed Electricity More Than 3 Regions Of Kyrgyzstan Combined
There is no such concept as cryptocurrency miner in Kyrgyz laws, said Chief of the National Energy Holding Company of Kyrgyzstan Aitmamat Nazarov in response to MP’s question if mining companies and Bitcoins were legal in Kyrgyzstan. “We don’t provide electricity designated specially for cryptocurrency miner companies. It was revealed that 45 mining companies consumed 136 MW of electricity and we had to cut off power to them, because they consumed more than 3 regions of Kyrgyzstan — Issyk-Kul, Talas and Naryn — consumed together,” Nazarov said.

Encrypted project calendar(September 20, 2019)

NULS / NULS: The NULS 2.0 Beta hackathon will be held from September 20th to September 21st, 2019.
AE/Aeternity: Aeternity (AE) will hold “Cosmos One” conference in Prague, Czech Republic on September 20th
COCOS/COCOS: The Cocos-BCX (COCOS) Oasis Arena hackathon will take place from September 20th to 22nd in Shanghai, China (“GO Shanghai”).
RVN/Ravencoin: The Ravencoin (RVN) Ravencoin project team will host the “Ravencoin Asia 2019” party in Seoul, South Korea on September 20.
GOB: Go online on the IDAX exchange and open the GOB/BTC trading market

Encrypted project calendar(September 21, 2019)

BTC/Bitcoin: The 6th FINWISE Global Summit Macau will be held from September 21st to 22nd. Distributed Financial Technology (DeFi) is the main topic of this conference.
OKB/OKB: OKB (OKB) OKEx The Africa Cryptour series of talks in Kenya will take place on September 21 in Nairobi.
ADA/Cardano: Cardano (ADA) Cardano Ambassador Marin Kramaric will host the Ada community gathering in Croatia on September 21.
ZIL/Zilliqa: The Zilliqa (ZIL) Zilliqa project representative will attend the “Bitcoin and Blockchain Future” conference in London, UK on September 21st.

Encrypted project calendar(September 22, 2019)

NPXS/Pundi X: Pundi X (NPXS) PundiX Labs will officially launch the XPOS transaction at the “AkiColle” event in Tokyo on September 22.

Encrypted project calendar(September 23, 2019)

BTC/Bitcoin: Bakkt, the digital asset platform led by ICE, the parent company of the New York Stock Exchange and the world’s second largest trading group, will launch a bitcoin physical delivery futures contract on September 23.
EOS/EOS: EOS main network is expected to upgrade version 1.8 on September 23
DCR/Decred: Project leader Jake Yocom-Piatt of Decred (DCR) Decrex will attend the Encryption Community Party in San Francisco on September 23 and will deliver a speech.

Encrypted project calendar(September 24, 2019)

ENG/Enigma: Enigma (ENG) ENG main network token snapshot will end on September 24, the original start time is August 26.
LINA (LINA): Lina Review will host the Lina network launch event in Ho Chi Minh City, Vietnam on September 24th and release a 10-year operational strategy.
Cappasity (CAPP): Cappasity will showcase its digital signage solutions in luxury stores at the Paris Retail Week from September 24th to 26th.

Encrypted project calendar(September 25, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on September 25th at the University of Southern California in Los Angeles on the theme of “Building Your Own IoT.”
Quant (QNT): The Quant project will participate in a marketing conference in London from September 25th to 26th, which will focus on data technology.

Encrypted project calendar(September 26, 2019)

ADA/Cardano: The Cardano (ADA) Cardano community will host a party in Washington, DC on September 26.

Encrypted project calendar(September 27, 2019)

BTC/Bitcoin: Cripto Latin Fest will be held in Cordoba, Argentina from September 27th to 29th.
Switcheo (SWTH): After a one-year token exchange process, the project team will officially end the SWH→SWTH token exchange process on September 27.

Encrypted project calendar(September 28, 2019)

ADA/Cardano: Cardano (ADA) Cardano (ADA) 2nd Anniversary, Cardinal Foundation, IOHK and EMURGO main members will participate in community celebrations in Plovdiv, Bulgaria on September 28.
TOP Network (TOP): The TOP Network team will hold a hackathon in Prague, Czech Republic from September 28th to 29th.
Horizen (ZEN): Horizen project BD Rep Vano Narimandize will discuss the current status and development of sidechain technology at the Industry 4.0 Blockchain Summit on September 28.

Encrypted project calendar(September 29, 2019)

GAME/GameCredits: GameCredits (GAME) is expected to perform hard forks on September 29th at block height 2519999

Encrypted project calendar(September 30, 2019)

INS/Insolar: Insolar (INS) will be on September 30th
ERD/Elrond: Elrond (ERD) will conduct main network test on September 30th
NULS/NULS: The NULS team will plan to beta the ChainBOX in the third quarter.
CS/Credits: Credits (CS) will exchange tokens and bug rewards in the third quarter
QTUM/Qtum: Quantum Chain (QTUM) is expected to complete lightning network beta in the third quarter
XEM/NEM: New World Bank (XEM) will release mobile wallet and computer wallet in the third quarter
HC/HyperCash: hypercash (HC) will complete community management agreement in the third quarter

Encrypted project calendar(October 01, 2019)

HT/Huobi Token: The financial base public link jointly created by Firecoin and Nervos is expected to be open source in October.
RVN/Ravencoin: Ravencoin (RVN) Ravencoin will perform a hard fork on October 1.
ADA/Cardano: Cardano (ADA) plans to hold technical consensus meeting in Amsterdam on October 1st
XRC/Bitcoin Rhodium: Bitcoin Rhodium (XRC) will record account balance awards on October 1st
PPC/Peercoin: Peercoin (PPC) will perform Peercoin v0.8 (code 螳螂) hard fork on October 1st

Encrypted project calendar(October 02, 2019)

BNB/Binance Coin: The 2019 DELTA Summit will be held in Malta from October 2nd to 4th. The DELTA Summit is Malta’s official blockchain and digital innovation campaign.
CAPP/Cappasity: The Cappasity (CAPP) London Science and Technology Festival will be held from October 2nd to 3rd, when the Cappasity project will be attended by the Science and Technology Festival.

Encrypted project calendar(October 03, 2019)

ETC/Ethereum Classic: The 2019 Ether Classic (ETC) Summit will be held in Vancouver on October 3–4

Encrypted project calendar(October 05, 2019)

Ontology (ONT): Ony Ji will attend the blockchain event in Japan on October 5th and explain the practical application based on the ontology network.

Encrypted project calendar(October 06, 2019)

SPND/ Spendcoin: Spendcoin (SPND) will be online on October 6th

BTC fell nearly $9,600 yesterday to date, then stopped falling and rebounded, and has now returned to the vicinity of $10,300. In the past 24 hours, the net inflows of BTC funds approached US$200 million. Compared with the previous cycle, the market inflows increased rapidly. We mentioned earlier that the main force is likely to wash dishes in the near future. Obviously, the main force finally did something yesterday, but the strength and speed of washing dishes are faster than expected. At present, the view of the medium-term bull trend remains unchanged, with the lower support focusing on the vicinity of $10,000 and then $9,600. In terms of operation, continue to attract funds at low prices, and stop loss should not be considered for the time being before breaking through the triangle area.

Review previous articles: https://medium.com/@to.liuwen

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If there is a god, he keeps messing up my relapse attempts

I have tried 3 times in the past 5 months of sobriety to relapse.

Every time something happens that the end result is that I can’t relapse on meth.

The first time was a drug seizure, resulting in my vendor being dry. Couldn’t get it off anyone else then.

The second time my bank cancelled my credit card for trying to my bitcoin so I could relapse.

Third, got exit scammed. I lost €600 worth of gear. Fucking idiot.

I am so glad all these mishaps have happened. All events are months apart. I was definitely mad at the time, but happy now.

So, if there is some god, mind you I am in no way religious, he’s looking out for this subreddit.


ETH vs BTC investment thesis for the next several months and years (a brief analysis)

Sorry if you're seeing this post a second or third time, but some folks suggested I make a standalone post of it, so here it is.

This is a quick and dirty analysis of some of the fundamentals and trends I'm keeping an eye on for the coming months and years around ETH and BTC. If you find it useful, please share with others, and if I've missed anything, please discuss in the comments.

Since it's likely to come up as a question, I'll disclose that I'm holding approximately 80% ETH and 20% BTC at present.

Pros for Ethereum in the Coming Months / Years

  • Tremendously undervalued versus BTC compared to historic trends, and markets naturally cycle
  • More reflexive price action versus BTC could trigger explosive price gains and absorb massive speculative interest, given current smaller market cap
  • Very strong positioning as the #2 coin, far ahead of the rest of the pack- and most likely candidate for crypto fund investment to seek alpha beyond BTC
  • As #2, will naturally "draft" off of BTC mainstream financial institution adoption (next in line for futures, ETF, and institutional adoption- when those happen)
  • Strengthening utility and narrative around ETH as a programmable store of value / programmable money, creating further reserve demand and monetary premium
  • Failure of Ethereum Killers to gain any traction over the past 2 years, and none are close being considered as a form of "money"
  • Eth 2.0 Phase 0 coming in early 2020, with Phase 1 to hopefully follow later in 2020. Phase 2 in 2021 (hopefully) will bring massive scalability improvement
  • Very strong network effect, now likely Lindy Effect, as the preeminent programmable blockchain with predominant share of developer and user interest
  • Emerging brand and reliability as an asset / economic settlement network, without real competition
  • DeFi apps are starting to raise crypto-ecoystem awareness around Ethereum's capabilities, and the value of ETH as a form of money / collateral
  • L2 capabilities coming soon (TM)

Cons for Ethereum include almost zero brand recognition among the mainstream (this also presents an opportunity), poor / muddled marketing narratives which institutional and mainstream investors cannot yet grasp, FUD from Bitcoin and other projects' communities predominantly targets Ethereum as everyone competes against it, poor understanding around ETH supply (no hardcap, and market doesn't understand planned low issuance / fee burn under PoS), lack of current scalability, technical risk in Eth 2.0 implementation, community risk in upgrade decisions (e.g., ProgPow), and app failure risk (leading to stack failures and short term reputation hits).

Pros for Bitcoin in the Coming Months / Years

  • Brand recognition is unmatched (a lot of people don't know the difference between broader crypto and Bitcoin)
  • Easy to understand fixed supply narrative, and already understood by much of the initially addressable investing populace ("digital gold")
  • Digital gold use case (if you accept it) doesn't require much or any technological progress for L1
  • Upcoming halvening is a good memeable event
  • More reliable / proven prior market performance history, with widely accepted "$100K to $200K on next cycle" memes
  • Likely to receive first tranche of investment from mainstream financial institutions (if/when they start to enter the crypto space)

Cons for Bitcoin include intransigent and overconfident community (they'd say it's a pro), community can't stop talking about Ethereum because there's nothing not much new/interesting to talk about for Bitcoin, poor scaling (Lightning Network isn't a resounding success at present, and no Plan B), increased community movement towards centralized storage / service solutions (defeats the purpose of decentralization and creates growing honeypot hack risk), increased awareness and criticism on the environmental impact of PoW mining, delusions of grandeur around how BTC will transform global money (betting on economic collapse in some cases, or hoping that central banks will print money off of BTC...if they wanted to do this, they could just use gold, again), and 21M meme hardcap is likely not long-term sustainable.


Bitcoin with the majority of other cryptocurrencies got into “red zone” this week

https://i.redd.it/xndb6afxhqn31.jpg

On the night of September 19, the price of the main crypto coin demonstrated a sharp decline in high volumes. Just in one hour bitcoin fell in price by $500, dropping below $9,861. According to analysts at Skew company, the drop in the price provoked the liquidation of long positions on the BitMEX crypto exchange in the amount of $154,7 million.

Bitcoin’s price drop was registered after the news that the Chinese government are ready to carry out mass-scale inspection in Inner Mongolia autonomous region to identify and eliminate illegal mining companies by October this year. According to CoinDesk, the initiative will be carried out within the nationwide phase-out plan on the bitcoin mining in China.

Coinmarketcap’s top-ten altcoins followed bitcoin to the “red zone”, with the exclusion of stellar, that rose in price by 12%. Meanwhile, it was just two days ago that crypto enthusiasts were discussing the growth of altcoins in social networks and various communities, saying it implied a possible market recovery.

Recent forecasts about bitcoin price recovery seem improbable against the background of the falling market. For instance, on the verge of this event, Arthur Hayes, CEO of BitMEX crypto platform, connected the plans of the Federal Reserve System for a regular cash injection with the following BTC rate recovery. Crypto entrepreneur tweeted that Bitcoin will once again come back to the record of 2017, surging to $20,000.

The US businessman Mike Novogratz also believes that the surge of the main digital coin to $20,000 will commence when investing banks become active. Earlier he said that this will take place either in the middle or at the end of Q4 of this year. After that, CEO of Galaxy Digital believes that bitcoin will start its path to $40,000.

According to Coinmarketcap, the token has been showing a gradual growth since the beginning of 2019. It started from the mark of $3,759 in January and has been gradually gathering momentum, having reached $8,005 in May. The mark of $13,058 in the first fortnight of July became a sort of a record. Since that on bitcoin never dropped lower than $9,000.

Many crypto enthusiasts think that there are not many prerequisites for reliable forecasts yet. However, it is also too early to speak about fatal decrease of cryptocurrency price, especially given that fact that this night, from 19 to 20 of September, bitcoin rate fully regained its losses and came back to the values of $10,100 - $10,300.


KiwiSaver Capital Monthly Update

The Momentum Fund

Bitcoin has continued to range-bound trade over the past month. Momentum has clearly slowed as BTC's price has been flirting with the 100 Day Moving Average (DMA) over the last week. At the time of reallocation BTC is sitting at $10,141: below the 100 DMA ($10,515). As a result, we will be reducing half of the fund's allocation back to a stable coin for the first time since April. As BTC's price is stll above the 200 DMA ($8173), the remaining half will stay allocated to Bitcoin. As per our strategy, this pull back to 50% stable coin allocation is to protect the fund from any continued loss of momentum and fall in value. If Bitcoin regains momentum over the next thirty days (signalled by a cross above the 100 DMA) then we will return to having a full Bitcoin allocation.

You can see the full Momentum Fund strategy here.

https://i.redd.it/7lmg7qyaeqn31.png

The Community Fund

Our newest fund pools the community's views on which two coins will perform the best over the subsequent thirty days. This month BTC and HOT were chosen to make up the fund and returned a health +10%. We have included all of the newly available assets on the Genesis Vision platform in next month's voting. Please be sure to vote for which coin you believe will perform the best in the month of October at the link below.

Voting for the October allocation is now open and can be found here.

Growth, Intrepid, Balanced & Defensive Funds

Our risk-staggered funds continue to perform strongly. Reallocation of all funds has now occurred. Most funds will maintain a decent allocation to Bitcoin and the high market cap alts, while some smaller altcoins will get exposure due to important upcoming events this month.

Thanks to everyone who continues to trust their funds with us, and cheers to another successful month!

https://i.redd.it/irkvyoypeqn31.jpg


Some newbie questions about privacy

Man, this is so hard to get into this cryptocurrency-subject.

I read a lot but i am still afraid of doing something wrong.

What i want:To buy some bitcoins (and etherums) to pay my iptv-provider and do some sports-bets anonymously! (In a 2nd step i want to invest some euros in cryptocurrency but this does not have to be anonoumsly.)

So i found wallets like wasabi (desktop) and samourai (android) that seems to fit.

Question 1: Are you ok with that choice?

Question 2: Do i have to decide for one of them or can i use both (one mobile, the other on the desktop)?

Question 3: What if i use samourai on my phone and loose the phone? Can i use a copy of the wallet on my backup-phone?

Note: I will buy the coins at an BTC ATM.

Any help is appreciated...

EDIT: I solved some question by duckduckgoing...

BTC ATM: https://thinkmaverick.com/bitcoin-atm-ultimate-guide-for-beginners/

Paper wallets: https://coinatmradar.com/blog/how-to-use-printed-paper-wallet-on-receipt-from-a-bitcoin-atm/



[uncensored-r/BitcoinMarkets] [Daily Discussion] Friday, September 20, 2019

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Blockchain Mortgages Could Help The Impending Recession

Article by Forbes: Biser Dimitrov

Lately there’s been a lot of discussion about a potential new financial recession being at our doors. All the signs are already present, from the stock market being shaky and the US economy being sluggish, the European banks on a downtrend, the China and US trade war continuing to linger and the Federal Reserve cutting interest rates for the first time since the last financial crisis, then doing it again two-months later to the Repo markets interest rate spike.

Just a few weeks ago, the US Department of the Treasury announced the Housing Reform Plan” in which they want to place the government-sponsored Fannie Mae and Freddie Mac back into private hands. Fannie and Freddie, the two largest mortgage guarantee businesses and government sponsored enterprises (GSEs), were taken over during the 2008 housing crisis and have been government run ever since. All these events add up negatively as the impending recession is getting closer.

Today, there are many parallels that can be drawn between our current economic environment and the previous financial crisis, but there is also a significant differentiator. In the midst of the previous crisis a new technology had just surfaced and given rise to a wave of new financial markets and economic rules. Let’s face it, we live in a bitcoin and blockchain world now.

What could be done differently back then if we’d had blockchain and distributed ledger technology in place?

Today In: Money

We live in such a social media driven society that sentiment can be twisted seemingly overnight. Even Google recognized the spike in searches for the term “recession” in August.

Google Trends

So, can we trust software over humans when dealing with opaque and inefficient mortgage origination systems?

What would be the benefits of tokenized real estate and the issuance of digital mortgages or mortgage backed securities on a blockchain?

During the last few years, we have seen a significant change in the mortgage space. We have seen the rise of non-bank mortgage lenders in a field largely dominated by traditional banks. Those non-bank lenders are usually more flexible, offer better fees, and rely heavily on new smart and advanced technologies.

HOME MORTGAGE DISCLOSURE ACT, INSIDE MORTGAGE FINANCE

So, what are the current issues in the mortgage space? To start with, it is a heavily manual and paper intensive process which can take between 45 and 60 days. The average mortgage application is around 500 pages and can go up to 2000 pages. On top of that there are so many intermediaries (brokers, appraisers, attorneys, underwriters, agents and agencies) involved in the process and each of them adds 1–2% of the total property value as a cost to the real estate transaction.

In an environment like that a new blockchain and smart contracts process can thrive. For example, we can have the closing process almost entirely automated by smart contracts with minimal involvement from attorneys. We already have platforms like OpenLaw and Clause that present legally enforceable smart contracts and can automate similar processes.

Another area that could be explored is the 45 million Americans without credit score. Currently, this is an untapped market for the banks and one way that can be resolved by establishing a Digital Credit Score, this evolves around developing new methodologies to calculate a score based on the digital footprint and social signals of the individual. Having blockchain as the underlying record keeping technology will present an immutable and trustworthy record proof. The rise of the digital identity platforms that run on a blockchain will help with validating applicants’ identities on the blockchain immediately.

The nature of distributed ledger technology (DLT) allows for replicated copies of the on-chain data, according to the set privacy conditions and as much as the data regulations and Personally Identifiable Information (PII) rules allow it. Then, all the participating parties on that blockchain mortgage network could significantly reduce their shared mortgage origination risk and loan fraud.

I strongly believe in the tokenization of real-world assets. Until now, we see a myriad of financial assets like fiat currencies, shares, bonds and stocks being turned into their respective digital copies on a blockchain ledger. We already see live examples of digital securities in the financial services sector but the big opportunity is to tokenize real estate. To put this into perspective here is the real estate tokenization opportunity visualized.

Real Estate Global Market

When we have our real estate tokenized on a blockchain, the origination of digital mortgages will become the natural choice due to the greater visibility and increased liquidity of those assets.

Once we have tokenized real estate and digital mortgages that are originated on a blockchain, the issuance of mortgage backed securities on the same ledger will be seamless. One way of doing this is for the lender to issue a security token to de-risk and possibly make money. The other option is for borrowers to issue a token in order to raise capital for initially buying the asset.

The digital transformation caused by blockchain and DLT will have its impact on the mortgage industry, but it might take some time. We already see steps in that direction as startups are currently issuing $85 million in loan originations per month, but it will take years until the important participants like banks are fully onboard. One thing we know for sure, the sophistication that blockchain technology and smart contracts bring will lead to huge operational cost savings and the opening of new untapped markets.


What Bitcoin’s Valuation Says About Its Volatility

Article by Coindesk: Noelle Acheson

Most of us think we understand the term “volatility.”

We digest headlines about tense political situations around the world; we are wary of explosive chemical compounds; some of us have had relationships with their fair share of ups and downs.

“Volatility” implies sharp and unpredictable changes, and usually has negative connotations. Even when it comes to financial markets, we intuitively shy away from investments that would produce wild swings in our wealth.

But volatility, in finance, is usually misunderstood. Even the most commonly accepted calculation is often incorrectly applied.

Its desirability is also confusing. Investors hate it unless it makes them money. Traders love it unless it means too high a risk premium.

And few of us understand where it comes from. Many think that it’s the result of low liquidity*. This intuitively makes sense: with thin trading volume, a large order can push prices sharply up or down. But empirical studies show that it’s actually the other way around: volatility leads to low liquidity, through the wider spread market makers apply to compensate the additional risk of holding a volatile asset in their inventory.

(*The misconception also stems from our mistaken conflation of low liquidity and low volume — it is possible to have high volume and low liquidity, but that’s for another post.)

This confusion matters in the crypto sector.

Bitcoin’s volatility has often been cited as the reason why it will never make a good store of value, a reliable payment token or a solid portfolio hedge. Many of us fall into the trap of assuming that as the market matures, volatility will decrease. This leads us to believe in use cases that may not ever be appropriate; it can also lead us to apply incorrect crypto asset valuation methods, portfolio weightings and derivative strategies that could have a material impact on our bottom line.

So it’s worth picking apart some of the assumptions and looking at why bitcoin’s unique characteristics can help us better understand market fundamentals more broadly.

Changing uncertainty

First, there are different types of market volatility. Academic literature provides an array of variations, each with its distinct formula and limitations. Jump-diffusion models used to value assets hint at a helpful differentiation. “Jump” volatility results, as its name implies, from a sudden event. “Diffuse” volatility, however, is part of the standard trading patterns of an asset, its “usual” variation.

With this we can start to see that, when we assume that greater liquidity will dampen price swings, we’re talking about “jump” volatility.

“Diffuse” volatility, however, is a more intrinsic concept.

The standard deviation calculation — the most commonly applied measure of volatility — incorporates the destabilizing effect of sharp moves by using the square of large deviations (otherwise they could be offset and masked by small ones). But this exaggerates the effect of outliers, which are often the result of “jump” volatility. These are likely to diminish as transaction volume grows, leading to a misleadingly downward-sloping volatility graph.

JP Koning proposes an alternative calculation that uses the deviation from the middle value rather than the average, which reduces the effect of outliers and shows a more intrinsic volatility measure. As the below chart shows, this has not noticeably decreased over the years.

(chart from Moneyness blog)

Now let’s look at why this might be. A clue lies in the methods used to value bitcoin.

Fundamental value

Bitcoin is one of the few “real assets” traded in markets today, in that it does not derive its value from another asset.

What’s more, it is a “real asset” with no discernible income stream. This makes it very difficult to value. Even junior analysts can calculate the “fair value” of an asset that spins off cash flows or that returns a certain amount at the end of its life. Bitcoin has no cash flows, and there is no “end of life,” let alone an identifiable value.

So, what drives the value of bitcoin?

Many theories have been put forward, some of which we describe in our report “Crypto’s New Fundamentals.” And as the market evolves, some may rise in favor while others get forgotten or superseded.

For now, though, the main driver of bitcoin’s value is sentiment: it’s worth what the market thinks it’s worth. In the absence of fundamentals, investors try to figure out what other investors are going to think. Keynes likened this to a contest in which “we devote our intelligences to anticipating what average opinion expects the average opinion to be.”

Gold is in a similar situation, in that it is also a “real asset” with no income stream and a market value largely driven by sentiment.

So, why is its volatility so much lower?

(chart from Woobull)

Because of “radical uncertainty.”

Changing narratives

In his book “The End of Alchemy”, Mervyn King explains that under “radical uncertainty,” market prices are determined, not by fundamentals, but by narratives about fundamentals.

Bitcoin is a new technology, and as such, we don’t yet know what its end use will be. Everyone has their theory, but as with all new technologies, no-one can be certain, which makes its narrative changeable.

Gold, on the other hand, is neither new nor a technology. It has been around for millennia, and its narrative is not uncertain. Sentiment plays an important part in its valuation, and scientists may yet uncover an innovative use for the metal that affects both demand and price. But its “story” is well established, which gives it a lower volatility profile.

For now, bitcoin’s fundamentals are its narrative, and the uncertainty about bitcoin’s “story” means that its volatility is unlikely to diminish any time soon.

A more prominent role

This matters for its eventual use case: will it always be too volatile to be used as a payment token, store of value, etc.? This in turn impacts its narrative, which affects its valuation and volatility, which affects its eventual use case. The self-perpetuating loop will eventually be broken as the sector matures and bitcoin’s role as an alternative asset class becomes more firmly consolidated — when uncertainty diminishes and its “intrinsic value” becomes easier to quantify.

But until then, its price will continue to be driven by market sentiment, which is susceptible to changeable narratives that in turn are formed by global developments and also by market sentiment.

Until then, market shifts will continue to be amplified in either direction, whatever the trading volume.

Rather than fret about this, we should accept and even embrace it. Increasingly sophisticated providers are working on improving the access to and interpretation of sentiment data, which strengthens our analytical tools. Crypto Twitter provides an engrossing platform to gauge the sector’s mood. And the identification of the impact of narrative and sentiment on an asset class will open up new avenues of investigation that is likely to spill over into other areas of investing.

What’s more, volatility may be inconvenient for some and uncomfortable for many. But it is also an important component of superior returns. Perhaps the tools and skills we develop to hone our bitcoin valuation techniques will enable a more masterful handling of volatility’s inherent uncertainty, and allow for a deeper appreciation of what it has to offer.

Roller coaster image via Shutterstock


Large Enterprise Adoption of Blockchain is happening, enabled by Quant Network’s Overledger

https://medium.com/@CryptoSeq/large-enterprise-adoption-of-blockchain-is-happening-enabled-by-quant-networks-overledger-32321b650115

This is Part Two in the mini-series looking at Quant Network. You can see Part One here as well as links to other articles at the bottom of this post.

Quant Network have achieved incredible levels of adoption since launching Overledger less than a year ago. Their growth strategy is to partner with multinational global organisations with huge amounts of employees to then host / implement / take Overledger to each of their own clients. So one Partnership, leads to exponentially more and is the fastest way to scale rather than trying to partner with each customer individually. This is how companies such as Oracle grew so fast and Microsoft with their Partner Network.

These are multinational global organisations with 100,000 + employees, this is the scale that we are working towards to take Overledger to the mass market. We can’t do it one by one in each country and sign them up but we can partner with someone that has 100 customers and they can take it to all their customers as well which helps with the adoption of our technology” — Gilbert Verdian

Let’s start with arguably the biggest partnership for any Blockchain company listed on Coinmarketcap, the leading Financial Network Provider in Europe, SIA.

SIA

  • Provide the leading Financial Network in Europe with more than 100 Tier 1 banks connected, 44 Trading venues (including the main international stock markets in Milan, Rome, London, Frankfurt and New York) and other financial institutions covering the entire trading process from pre-trading to post-trading
  • process 14 Billion institutional services transactions, 7.2 billion card transactions, 3 billion payments, 51.7 billion financial transactions and carried 1,204 terabytes of data on the network
  • SIA in partnership with Colt and SWIFT are the only two network providers awarded a 10 year tender commissioned by the European Central Bank for the provisioning of connectivity services allowing European central and commercial banks, central depositories, automated clearing houses and other payment service providers to connect directly to Eurosystem market infrastructures through a single access interface (Eurosystem Single Market Infrastructure Gateway — ESMIG).
  • SIA’s SIAchain is the leading blockchain architecture in Europe connecting 570 Banks, Central Banks, Trading Venues and other Financial Institutions using R3’s Corda, Permissioned variants of Ethereum and Hyperledger Fabric.
  • SIA have Integrated Overledger into the leading blockchain architecture in Europe SIAchain so that all of the 570 banks, Central Banks, Trading venues etc can benefit from Blockchain Interoperability.

“Since the European launch of our private infrastructure SIAchain, we are at the forefront of innovation in blockchain technology with the aim of supporting financial markets with a high-performance and secure architecture and a clear governance model. We actively continue on our path of innovation and the achievement of a fully interoperable blockchain network is the foremost objective we want to reach with the collaboration of Quant Network and its disruptive vision on DLT”, says Daniele Savarè, Innovation & Business Solutions Director, SIA.

https://youtu.be/0cNmGrLPoTo

So what we’ve done is instead of just announcing one client and one thing, we’re announcing that we’re working with SIA. So, SIA is the leading European payment infrastructure. And what we’re doing with SIA is interconnecting blockchain networks with SIA, and doing settlements, which are central bank settlements, with the central bank in Italy. So what Overledger is doing is we’re actually bringing blockchain and interoperability to all of SIA’s clients, which are 580 banks. So, Overledger could be rolled out to all these institutions, financial services, banks, at scale, and have interoperability to get the benefits of this.

To read more see my other article which goes into more details about SIA here

https://i.redd.it/dbpfz3914pn31.png

AX Trading

Quant Network are working with AX Trading to bring more digital assets, securities and tokenised assets to their existing 800 institutional traders in an already live and connected FINRA and SEC regulated exchange. AX Trading is not just about trading securities but other digital assets such as Bitcoin, Ethereum and potentially even Quant in the Future.

  • an SEC-registered broker-dealer and Alternative Trading System (ATS) Operator. They are a member of FINRA and SIPC regulated authorities.
  • Have investors and sponsored brokers such as Credit Suisse, (a multinational investment Bank and Financial services company worth $27.5 billion).
  • AX currently have over 800 Institutional traders (these are not individuals, but corporations such as hedge funds, banks, investment banks, pension funds, insurance companies, endowment funds etc).
  • AX Trading have also partnered with Euronext, the largest Stock Exchange in Europe with a market cap of $4.65 trillion as of 2018, in the creation of Euronext Block which utilises AX Trading.
  • This is a multi-trillion dollar market with huge global enterprises, traditional exchanges and global banks are all adopting DLT at a rapid pace and going into production at scale in a matter of months

Overledger a blockchain operating system, will enable universal interoperability for regulatory-compliant security tokens and digital assets to be traded on AX ATS, a regulated secondary trading market. AX intends to integrate Overledger to help foster the evolution of traditional capital markets infrastructure to facilitate the mass implementation of regulated digital assets. With the increased market adoption of digital assets and banking “coins” such as JPMorgan Coin, AX and Quant Network are at the forefront to enable the transferability and movement of digital assets

George O’Krepkie, AX CEO said: “we look forward to partnering with Quant. Their technology will allow our blockchain agnostic security token exchange to communicate seamlessly with issuers, traders, investors, and regulators across different blockchain protocols. This is a key technological breakthrough that will help us bring the benefits of security tokens to Main Street and Wall Street.”

To read more see my other article which goes into more details about Wall Street 2.0: Enabled by Quant Network’s Partnership with SEC & FINRA registered AX Trading here

https://i.redd.it/on9hbjk54pn31.png

Oracle

  • Oracle are the second largest software company in the world, second only to Microsoft and worth $174.5 billion.
  • Quant Network are an Oracle Fintech Partner. Oracle are jointly going to market with Quant Network and taking Overledger directly to their 480,000 clients globally.
  • On the week commencing the 23rd September 2019 Quant Network and Oracle will be showcasing Overledger at the largest Financial event of the year SIBOS. SIBOS is a very exclusive financial services only event that only institutions that are connected to SWIFT can attend. The only 2 Blockchain firms attending are Quant Network and Ripple.

At Sibos 2019 Oracle is excited to feature 10 of our fintechs that have proven they are enterprise cloud ready and span a wide range of digital transformation themes including several available on Oracle’s Open Banking API ecosystem. Discover how you can accelerate your digital banking journey with a wide range of proven Oracle fintech solutions that meet the security, performance, and compliance needs for today’s Adaptive Bank — Oracle SIBOS 2019
Blockchain Enables Trustworthy Transactions
The potential uses of blockchain technologies are seemingly endless, from providing easy access to online payments to creating connected economies. But one of blockchain’s standout promises is to automate trust by providing an incorruptible platform for transactions. Quant’s Overledger is the world’s first blockchain operating system. It’s designed to provide any network in the world with a gateway to all other blockchains, and therefore enable companies to develop new solutions by incorporating features from multiple blockchain applications. — https://blogs.oracle.com/startup/innovation-pays%3a-the-five-fintech-startups-making-money-more-interesting

https://i.redd.it/bv0hxxr84pn31.png

Crowdz

  • Crowdz are the leading blockchain-based trade finance company
  • Headed by Cisco’s former global supply-chain leader
  • In business since 2014, with 270+ beta clients
  • partnered with Barclaycard, part of Barclays Bank, to integrate into their payment solutions
  • Recently received $5.5 million Series A Investment from Barclays Bank and BOLD Capital Partners, with additional investments coming from TFX Capital Partners, Techstars Ventures, and First Derivatives
  • In talks with the Korean Government about using their tech.

Payson Johnston, President and CEO of Crowdz, a Silicon Valley trade-finance and financial-technology company, stated that, “Although Crowdz uses the Ethereum blockchain as the foundation for our Invoice Auction Exchange, we have needed a solution that allows for invoices and other documents to be transferred from one blockchain to another — for example, among Hyperledger, Corda, and EOS. With the Overledger solution from Quant Network, it is now possible to pass data among different blockchains. Crowdz looks forward to working with Quant Network to enable the true multi-blockchain environment that our customers demand.”

You can read more about the announcement here

AuCloud and UKCloud

  • UKCloudX is the UK Sovereign High assurance cloud services designed for the UK’s most sensitive and mission critical systems from Defence, National Security to wider Government requirements.
  • AUCloud is Australia’s sovereign cloud Infrastructure-as-a-Service (IaaS) provider, exclusively focused on the Australian Government (Federal, State and Local) and Critical National Industry (CNI) communities.
  • AuCloud integrate Overledger onto the AUCloud platform to provide highly secure and interoperable Blockchain-as-a-Service for Australian Government and Defence and the critical national industries and supply chains that serve the nation.

Scott Wilkie, Director of AUCloud stated that Australian Government, Department of Defence and major industries are using or testing blockchain to interact with their supply chain, critical infrastructure, national record keeping and financial services. These organisations require the interoperable functionality that can only come with an operating system like Overledger and the security of the leading sovereign Australian cloud platform. Without Overledger, none of these projects or systems will be able to communicate with each other or enable cross party collaboration.
Brad Bastow, CTO AUCloud (previously CTO Department of the Prime Minster & Cabinet) stated that “applying world leading blockchain technologies to enhancing the cyber security of cloud IaaS and PaaS can significantly improve the ease of adoption and reduces risks for all government users and citizens. We aim to bring the most effective and assured technologies as-a-Service and Quant Network have some of the most advanced blockchain technology in the world in this respect.”

You can read more about the announcement here

SIMBA Chain

  • A Cloud-based, smart-contract-as-a-service (SCaas) platform. enabling users across a variety of skill sets to implement DAPPs.
  • formed from a Defense Advanced Research Projects Agency (DARPA) grant in 2017 originally developed by ITAMCO and the University of Notre Dame
  • Awarded a grant from the Department of Energy to develop a platform for a blockchain solution for the solar energy market.
  • Their platform is available on Azure and are Microsoft Start Up Partners with a former Microsoft Global Exec Joining SIMBA Chain.
  • Some of their other partnerships include the Government Blockchain Association, Air Force Research Laboratory, Caterpillar, SAP and EY
  • Recently announced they are starting to develop on Quant Network’s Overledger to enable connection to all of the blockchains currently connected through Overledger and provide interoperability between them.

https://i.redd.it/blpktdhc4pn31.png

https://i.redd.it/lv7c8upd4pn31.png

https://youtu.be/u4ymv3AM_Us

AllianceBlock

  • an AI-powered decentralized investment and financing ecosystem, which allows corporates to quickly, cheaply and safely raise funds, whether it be equity, debt or tokens.
  • Selected as 1 of 15 Best Early-Stage startups at Money 20/20, Europe’s Largest Finetech Conference.
  • Joined Kickstart Innovation, one of Europe’s largest multi-corporate accelerators.
  • Joined Level39 Europe’s largest Fintech Accelerator
  • Partnered with Holochain, Elastos and Portugal Finlab
  • have more than 35 years combined experience in capital markets at top investment banks (Goldman, JP Morgan, Barclays…) and more than 10 years in AI, IT and software development (Barclays, VINCI, PostNL…).

“AllianceBlock will use Overledger to leverage multiple blockchains and create multi-chains token swaps. This partnership offers the possibility to open a new set of real-world applications leveraging different features from different chains. AllianceBlock is delighted about this partnership which will help blockchain projects and SMEs wield blockchain technology very easily” said Rachid Ajaja, Co-founder of AllianceBlock.

Jiangsu Huaxin Blockchain Institute

  • the first state-owned research hub dedicated to exploring blockchain technology for the Chinese Ministry of Commerce with over 100 employees.
  • high-tech R & D institution backed by the provincial government in Jiangsu, the second highest GDP grossing province in China
  • Backed by parent company Beijing Huaxin Electronics Enterprise Group, a conglomerate that has incubated and invested in numerous IT and telecommunications companies
  • China’s official institution for blockchain development, signed an agreement to collaborate on the development of innovations like distributed computing and quantum cryptography to revolutionize the next generation of distributed ledger technology (DLT) protocols.
  • Quant Network have signed a MoU for a 5 year cooperation

Atlantic Power Exchange

  • An Early Stage start-up developing P2P energy software enabling automated trading of green and sustainable electricity over the blockchain
  • Creating an Upstream Energy exchange which interconnects existing P2P exchanges (like PowerLedger, WePower, GridSingularity etc) to multiple stakeholders, suppliers and customers in Australia.
  • All Built on Overledger

Managing Director of Rockefeller Capital Joins the Board of Quant Network

  • Rockefeller Capital Management is a leading independent financial services firm led by President & Chief Executive Officer Gregory J. Fleming, offering global family office, wealth management, asset management and strategic advisory services to ultra-high-net-worth individuals, families, institutions and corporations
  • Rockefeller Capital Management manages over $19 Billion in Assets with the aim of expanding this to $100 billion within 5 years.

Guy Dietrich, Managing Director, Rockefeller Capital commented:

“I’m delighted to join the Board of Quant Network. This is an exceptional team of experienced professionals in the cybersecurity and blockchain industry.”

Guy Dietrich recently personally attended meetings with the UK’s Financial Conduct Authority (FCA) with Gilbert.

https://i.redd.it/pko3capi4pn31.png

International Organization for Standardization (ISO)

Gilbert Verdian is the founder of ISO TC 307, the global standard for Blockchain and Distributed Ledger Technologies which 55 countries are currently working towards. Gilbert is the chairman for the TC 307 Working Group for Interoperability of blockchain and distributed ledger technology systems

https://i.redd.it/vfk2sgnk4pn31.png

European’s Union INATBA

Quant Network is a founding member in the European Union’s launch of the International Association for Trusted Blockchain Applications (INATBA). Other members of INATBA include Accenture, Accord Project, Alastria,Banco Santander, BBVA, Consensys, Enterprise Ethereum Alliance, Fujitsu, IOTA, Ledger, SAP, SIA, Swift, Telefonica, We.Trade and many more. INATBA is a collaboration of 26 EU countries to develop EU blockchain regulation and prepare the launch of EU-wide blockchain applications

Pay.UK

  • Quant Network accepted as a company guarantor of Pay.UK, the UK’s largest payment network, alongside banks and other FinTech companies
  • Through this relationship, Quant Network will shape the payment ecosystem to promote competition, innovation and openness, as well as setting the strategic direction of the Payments infrastructure and adopting the New Payments Architecture (NPA).

https://i.redd.it/e6v2eqom4pn31.png

You can read more about it here and here

https://i.redd.it/10okaogo4pn31.png

MOBI

  • consortium for blockchain innovation in the mobility industry. The consortium was founded by leading automakers including Renault, Ford, GM, and BMW, and now represents more than 80 percent of global auto manufacturing by volume. Other members include Bosch, IBM, Cognizant, Accenture, Consensys, IOTA, R3, VeChain, Hyperledger, Ocean Protocol and Honda (Full list can be seen here)
  • Overledger operating system will enable interconnectivity and interoperability of data between manufacturers, devices, transportation and autonomous vehicles

https://i.redd.it/9e6tfv9q4pn31.png

Hyperledger

  • Quant Network has joined Hyperledger where more than 270 organisations are now contributing to the growth of Hyperledger’s open source distributed ledger frameworks and tools. Some of the companies involved are Accentrue, Airbus, American Express, Baidu, Cisco, Deutsche Bank, DTCC, Fujitsu, Hitachi, IBM, Intel, J.P.Morgan, SAP, BBVA, Bosch, Deloitte, Fedex, Huawei, Lenovo, NTT Data, Oracle, PWC, R3, Ripple, Samsung, We.trade, Bank of England, Enterprise Ethereum Alliance, Federal Reserve, MOBI etc. Full list of members can be seen here.
  • Working with the Hyperledger Quilt team to enhance Blockchain Interoperability capability for Hyperledger members

Accord Project

  • The Accord Project is the organization for the development of techno-legal standards for smart legal contracts and distributed ledger applications in the legal industry
  • The Project operates in collaboration with IEEE, the International Association for Contract and Commercial Management, Hyperledger, R3, Decentralized Identity Foundation, and a number of leading trade associations, industry and standards organizations, and world leading law firms.
  • Quant Network have joined the Accord Project and are providing the Technology with Overledger and Treaty Contracts.

https://i.redd.it/9o790gjs4pn31.png

As well as many being worked on and yet to be publicly announced:

HCL Technologies

  • Indian Multinational IT Service and consulting company with offices in 44 countries and 137,000+ employees
  • Among the top 20 largest publicly traded companies in India with a market cap of $18.7 Billion and revenue of $9 billion.
  • Customers include 250 of the Fortune 500 and 650 of the Global 2000 companies.

we are really looking at ASIA, especially around Singapore, Hong Kong and we are working with partners to go there, just yesterday we had a meeting with a $8 billion company based in the ASIA region and they want to use Overledger for their clients and they are going to help us expand to that region, once we partner with the right bigger players

https://youtu.be/G1b9TX6rcuI

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2 of the Big 4 Global Consultancy Firms are taking Quant Network’s Overledger to their clients.

The Big 4 Global Consultancy firms are huge and consist of Deloitte, PwC, EY and KPMG. They offer a range of services from offering consultancy advice on what to use, assisted prototyping right through to the delivery of production-ready enterprise solutions. Previously Gilbert was the Director of Cybersecurity at PwC and a Senior Manager of Security at EY plus Lara Verdian was the director for Deloitte Access Economics at Deloitte.

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Quant Network are currently working with 2 of the above 4 global consultancy firms who are taking Overledger to their clients.

As well as many other consultancy firms:

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Quant Health

  • Quant are working the Government of Armenia in Health, futureproofing the eHealth Strategy with Blockchain

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  • Working with huge Conglomerates to establish a new consortium in Healthcare

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Exchanges

They are also in talks with Traditional Exchanges such as the Swiss Stock Exchange SDX Platform and others as well as Large asset management firms

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As well as various Governments including the Australian Treasury with DATA61 regarding open banking and consumer data rights, the UK’s HMRC, Central Banks, Global companies in Korea, Insurance Companies, Airlines and Logistic companies.

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It’s truly remarkable what they have achieved in such a short space of time, working non-stop all around the globe, working with enormous Global organisations, Leading Financial Institutions, Governments and Health. Quant Network is enabling the mass adoption of Blockchain, bridging all blockchains and offchain networks together (as well as plans to connect directly to the Internet) to achieve the true potential of this revolutionary technology.

In the last article of this mini-series I will take a closer look at the tokenomics of the QNT token and why there isn’t another utility token with as much value as QNT. With a tiny total supply of just 14.6 million QNT tokens, with no inflation, Supply reducing further as tokens are taken out circulation with licensing and strong demand / usage for the token, as well as minimum QNT holdings for wallets to benefit from Universal Interoperability.

Part One — Blockchain Fundamentals

Part Two — The Layers Of Overledger

Part Three — TrustTag and the Tokenisation of data

Part Four — Features Overledger provides to MAPPs

Part Five — Creating the Standards for Interoperability

Part Six — The Team behind Overledger and Partners

Part Seven — The QNT Token

Part Eight — Enabling Enterprise Mass Adoption

Quant Network Enabling Mass Adoption of Blockchain at a Rapid Pace

Quant Network Partner with SIA, A Game Changer for Mass Blockchain Adoption by Financial Institutions

Part One of this mini Series — What is a blockchain operating system and what are the benefits? Introducing Overledger from Quant Network

Wall Street 2.0: How Blockchain will revolutionise Wall Street and a closer look at Quant Network’s Partnership with AX Trading