Tuesday, October 8, 2019

[Daily Discussion] Wednesday, October 09, 2019

Thread topics include, but are not limited to:

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

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Altcoins Discussion: Altcoin Discussion

[Altcoin Discussion] Wednesday, October 09, 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:

Get an invite to live chat on our Slack group and check out the #altcoins channel
Daily Discussion for bitcoin only: Daily Discussion
Prior Altcoin Discussion: Altcoin Discussion

NBA’s Sacramento Kings to Reward Loyal Fans With Crypto Tokens

The NBA’s Sacramento Kings are the first U.S. professional sports team to develop a crypto token for fan rewards.

“Fans can get those points and put them in their wallets and experience it all on the blockchain platform,” Kings CTO Ryan Montoya told CoinDesk.

Further, Montoya said the token, called Kings Token, will pair with a predictive gaming platform the team has developed in anticipation of the legalization of sports betting in California (the U.S. Supreme Court overturned the federal restriction on sports betting in May 2018).

The Kings Token is a joint effort with blockchain-based event ticketing platform Blockparty.

“In our opinion, the blockchain has a role in the entire event experience,” Vladislav Ginzburg, Blockparty’s chief development officer, told CoinDesk. “Whether it’s a sports game, music festival or Broadway show.”

Blockparty is putting together a case study on the project, CEO Shiv Madan added, in the hope that it will be shared with other NBA teams if the project is deemed a success.

All-tech team

It’s just the latest foray into blockchain technology for the Sacramento team, which is based 90 miles northeast of San Francisco.

In 2014, the Kings became the first NBA team to accept bitcoin as payment in its arena. Last year, the Kings became the first professional sports team to mine cryptocurrency, setting up a program called MiningForGood that donates the funds to charity.

Kings Tokens will exist within a token wallet added to the team’s Golden 1 Center app, which tracks the engagement and accumulated points of fans. Fans can earn rewards through the predictive gaming platform and redeem those points for access to unique events, signed merchandise or courtside tickets, for example.

The ERC-20 token will run on ethereum but will only initially be usable within the team’s Golden 1 Center arena. While fans won’t be able to trade the token for another currency or have a private key, they will be able to show a QR code to redeem points and see the confirmation of transactions through a block explorer. In testnet now, the Kings plans to launch the token by opening night on Oct. 25.

In future iterations, token users may be able to transfer tokens to their peers, and earn rewards by eating at nearby restaurants or making it to the game before tip-off, Ginzburg added.

“This is a mass adoption story,” Ginzburg said, adding:

“Forty-one games of 20,000 people — I’m going to go ahead and say that many of those people don’t own any crypto whatsoever. Suddenly by downloading the Golden 1 Center app, they are going to have an ERC-20 wallet with an ERC-20 token.”

Golden 1 Center image via Shutterstock

[USA-FL] [H] Console games, SNES, NES, Genesis, PSX, Ps2, XBX, GCN, More! [W] PayPal, Crypto, Cash App, Local Cash

Negotiable, let's make a deal today! I have hundreds of unlisted items, would not be opposed to taking a look at want lists if thou art interested in pointing me towards them. Particularly large collections of : PSX/Ps2/GCN/DC/GBA/DS era games with a good deal of Genesis, SNES, NES era titles as well and remember, paying with crypto or even Cash App = discount.

This is a cross post - selling on a couple of other forums as well but thought perhaps this one may have more exposure. Thusly, cross feedback is available on these aforementioned platforms. That said, I understand I am new HERE.

If anyone needs to get ahold of me for any reason pertinent or otherwise, PM me, I am here. Will be adding more soon and will try to evaluate prices, but no guarantee on a timely manner of that, offer if you see something you like. I understand some of the brand new and sealed stuff is better for eBay - but trying here first.

I will consider all offers! Will ship international, worldwide!

Offers entertained and encouraged. Paypal accepted, Bitcoin or major alts strongly preferred.

WTS:

A boxed Lynx portable and Atari Jaguar are also available - Would be glad to price, but seeing if anyone is interested before I bother.

Collectibles:

Chrono Cross Japanese Pre-Order Promo Clock (Brand NEW) - 25 shipped.

https://postimg.cc/gallery/zm5ue2b8/

Guides:

https://postimg.cc/xk97rqfk

Half Life 2 - 8 shipped

Killer 7 - 35

Mario Tennis 64 - 15

Metroid Prime/Fusion - 20

Metal Gear Solid Official Mission Handbook - 25

Conker's Bad Fur Day (some wear) - 20

Banjo-Tooie - 25 shipped

Myst V - 25

Musashi: Samurai Legend - 15

Ultimate Spider Man - 12

Arc the Lad: End of Darkness - 30

PSX:

Alundra 2 - Sealed, 80 shipped.

Beyond the Beyond - Complete, 35 shipped.

DDR Konamix - Complete near mint, 15 shipped.

Dragon Quest VII - Complete (small crack on case otherwise amazing shape, personally owned since launch), - 80

Dragon Quest VII - New/Sealed, 160 shipped

Final Fantasy Origins - Sealed, 60 shipped.

Legend of Legaia - Complete, very good shape - 60

O.D.T. Escape or Die Trying - Complete, 8 shipped.

Persona PSX - Complete - 300 Shipped OBO

Puzzle Star Sweep - Complete, 11 shipped.

Saga Frontier II - Complete, 70 shipped

Tales of Destiny II - Complete/Mint (great shape really) - 150 OBO

Vanguard Bandits PSX - Complete, 150 Shipped

Xenogears PSX - Complete, - 100 Shipped

Ps3:

Resident Evil 5 - Used, complete, 10 shipped.

Ps2:

Fantavision - New/sealed 18 shipped.

Ultimate Spiderman - Complete, 16 shipped.

Prince of Persia Warrior Within - Complete, 9 shipped.

Super Bust a Move - Complete, 8 shipped.

Tekken Tag Tournament - Complete, 6 shipped.

SSX Tricky - Complete, some scuffing on the case, 12 shipped.

Armored Core 2 - Complete, 8 shipped.

Dynasty Warriors 3 - Complete, 11 shipped.

The Bouncer - New/Sealed, offer.

Dynasty Warriors 4 - Complete, 8 shipped.

Auto Modellista - Brand NEW, 20 shipped.

Jet X20 - Complete, 5 shipped.

Ring of Red - Complete, 19 shipped.

Phantom Brave - New/Sealed, 28 shipped (also have guide which can be worked into the deal somehow).

RPG Maker II - New/Sealed, 40 shipped.

Bombastic - New/sealed, 14 shipped.

Mad Maestro - New/sealed, 12 shipped.

SSX - Complete, 10 shipped.

Dragonball Z: Budokai - Complete, 12 shipped.

Ready 2 Rumble: Round 2 - Complete, 6 shipped.

Kessen - Complete, 6 shipped.

Big Mutha Truckers - Complete, take it.

Guitar Hero - Game / case / manual only, 5 shipped.

Virtua Fighter 4: Evolution - Complete, 7 shipped.

32X:

NBA Jam T.E. - 12 shipped.

Gamecube:

007 Agent Under Fire - Complete, 8 shipped.

Final Fantasy Crystal Chronicles JPN - Complete, 13 shipped.

Fire Emblem Path of Radiance - New/SEALED, 300 shipped.

Legend of Zelda Master Quest Bonus Disc (Full Ocarina Game/Master Quest game on Gamecube) - New/sealed 90 shipped.

Phantasy Star Online Episode I & II - Complete, 50 shipped.

Resident Evil: CODE Veronica - New/SEALED, 125 shipped ( would consider straight trade for other sealed RE games or something similar)

Spiderman 2 - Used, complete, 10 shipped.

Star Wars Rogue Squadron: Rebel Strike Preview Disc - Complete, 18 shipped.

Tom Clancey's Splinter Cell - Complete, 10 shipped.

Super Nintendo:

JPN Aladdin - Whatever

JPN NBA Jam - Whatever

MegaMan X - 30 shipped

Pac Man 2 Adventures of Pac Man - 6 shipped.

Populous - 5 shipped.

Super Empire Strikes Back - 10 shipped.

Super Mario World - 14 shipped

Super Mario World - 15 shipped.

Super Return of the Jedi - 12 shipped.

Super Star Wars - 10 shipped.

Taz Mania - 7 shipped.

Genesis:

Aladdin - 10 shipped.

Altered Beast - 7 shipped.

Bernstein Bear: Camping Adventure - 7 shipped.

Chester Cheetah: Too Cool to Fool - 8 shipped.

Desert Demolition (Road Runner/Coyote) - 6 shipped.

Ecco the Dolphin - 6 shipped.

Hook - 5 shipped.

Jurassic Park: Rampage Edition - 6 shipped.

Lion King (x2) - 9 shipped.

Maximum Carnage - Red cart, 12 shipped.

Mig-29 Fighter Pilot - 7 shipped.

Mortal Kombat - 6 shipped.

Mystic Defender - 9 shipped.

NBA Jam - 7 shipped.

NFL 98 - 6 shipped.

Olympic Summer Games - 6 shipped.

Power Rangers - 7 shipped.

Road Rash - 18 shipped.

Shadow Dancer The Secret of Shinobi - Tear on label, 8 shipped.

Shining in the Darkness - 18 shipped.

Sonic 2 (x3) - 6 shipped.

Sonic the Hedgehog (x3) - 7 shipped.

Space Harrier II - 11 shipped.

Street Fighter II Special Championship Edition - 9 shipped.

Tecmo Super Bowl - 11 shipped.

Toy Story - 9 shipped.

Virtua Racing - 10 shipped.

WeaponLord - 11 shipped.

Williams Arcade's Greatest Hits - 8 shipped.

Winter Olympic Games - 7 shipped

World of Illusion Starring Donald Duck and Mickey - 10 shipped.

X-Men - 9 shipped.

X-Men -Box/cart - 15 shipped.

NES:

Battle Chess - 8 shipped.

Castlequest - 10 shipped.

Cobra Triangle - 9 shipped.

Double Dragon - 13 shipped.

Faxanadu - 13 shipped.

Final Fantasy - 20 shipped.

Galaga - 12 shipped.

Ghosts 'N Goblins - 12 shipped.

Hydlide - 7 shipped.

Indiana Jones Temple of Doom (black cart) - 12 shipped

Iron Sword - 6 shipped.

Jeopardy! - 6 shipped.

Legacy of the Wizard - 10 shipped.

Lode Runner - 10 shipped.

Mario 3 - 15 shipped.

Mario Bros / Duck Hunt - 7 shipped.

Monopoly - 7 shipped.

Mystery Quest - 8 shipped.

Renegade - 8 shipped.

Robocop - 7 shipped.

Rolling Thunder - 8 shipped.

Rush 'n Attack - 7 shipped.

Shinobi - 18 shipped.

Strider - 8 shipped.

Super Pitfall - 10 shipped.

T&C Surf Design - 10 shipped.

Tecmo Bowl - 14 shipped.

Teenage Mutant Ninja Turtles (x2) - 10 shipped.

The Black Bass - 8 shipped.

Time Lord - 7 shipped.

Yoshi's Cookie - 8 shipped.

Nintendo 64:

JPN Yoshi' Story - 15 shipped.

Lode Runner 3D - 10 shipped.

Mario 64 - 25 shipped

Quest 64 - 15 shipped.

Rogue Squadron (x2) - 15 shipped

Turok Rage Wars Black Cart - 14 shipped

Wave Race - 8 shipped

360:

Assassin's Creed - Used, complete, 10 shipped.

Devil May Cry 4 - Complete, 10 shipped.

Halo ODST + Forza 3 Combo - Complete, 12 shipped.

Halo Ultimate Companion DVD (x2) - 10 shipped.

Last Remnant - Used, complete, 10 shipped.

Perfect Dark Zero - Complete, 9 shipped.

Rainbow Six: Vegas - Complete, 8 shipped.

Xbox:

Armed and Dangerous - Complete, 10 shipped.

Guilty Gear X2 Reload - Complete, 8 shipped.

Star Wars Clone Wars / Tetris Worlds (x3) - New/Sealed - 25 shipped.

Toejam and Earl III - New/Sealed, offer.

Dreamcast:

NBA 2K1 - Complete, 6 shipped.

Seventh Cross Evolution - Complete, 25 shipped.

Spec Ops II: Omega Squad - Complete, 10 shipped.

Test Drive LE Mans - Complete, 10 shipped.

DS:

Feel the Magic - Used/complete, 9 shipped.

Magnetica - New/sealed 23 shipped

Ping Pals - Complete, 6 shipped.

Trace Memory - New/sealed - 40 shipped

Trace Memory - Complete/mint - 20 shipped

Consoles:

https://postimg.cc/gallery/2bxenhwp0/

Just a random quick assortment, but I have many systems from many generations, just let me know what you're after (IE console only, or with hookups, or with controller, etc and I will check my inventory and see what we can work out on a case by case basis.) The majority of console types I have are Genesis, PSX, and Nintendo 64. I have less of the SNES, some NES, and a few other misc like a couple Dreamcasts I think are available.

I'll take PayPal, but I really prefer Bitcoin/Stellar and major altcoins and may be more willing to flex price when receiving crypto.

More coming...

Also, when offering in comments or message, please specify what for of payment as it may have a determination of my response (IE preferring crypto, I may go a little lower than USD and traditional payment gateways).

I think I purged everything I sold so far here and on eBay/forums, should be accurate.

Completed trades thread:

https://www.reddit.com/r/mushroomkingdom/comments/9b0tx7/ugameliquidator_completed_sale_thread/

https://www.reddit.com/r/mushroomkingdom/comments/c7e290/ugameliquidator_completed_sale_thread_2/

https://www.reddit.com/r/mushroomkingdom/comments/df43qo/ugameliquidator_completed_sale_thread_3/

The Ultimate Guide on Bitcoin ETFs - How Do They Work?

https://www.hodlbot.io/blog/overview-of-bitcoin-etfs

[uncensored-r/BitcoinMarkets] [Altcoin Discussion] Tuesday, October 08, 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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The original post's content was as follows:

Thread topics include, but are not limited to:

Discussion related to recent events

Technical analysis, trading ideas & strategies

General questions about altcoins

Thread guidelines:

Be excellent to each other.

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

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

No discussion about specific ICOs. Established coins only.

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

Other ways to interact:

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

Daily Discussion for bitcoin only: Daily Discussion

Prior Altcoin Discussion: Altcoin Discussion

Number 1 Trusted Bitcoin Brokerage for Sports Betting.

Sportodyssey is the perfect match for you, Sportodyssey can give a personalized anonymous gaming experience to suit your betting needs. As a best bitcoin sports betting brokerage, we have a decade of proven track record in providing excellent service. We would like to help and guide you to get started to enjoy the advantages of using our platform.No Restriction / No Verification(kyc) / Instant Payout.

There's a WTF is Bitcoin event going on during SF Blockchain Week. This is too good! They even got Bitcoin and Friends involved

http://wtfisbitcoin.com

[uncensored-r/BitcoinMarkets] [Daily Discussion] Tuesday, October 08, 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:

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Quick questions that do not warrant a separate post

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Set your flair to trade pretend money in the Flair Game

Weekly threads: Newbie Mondays and Fundamentals Fridays

Altcoins Discussion: Altcoin Discussion

Removed comments/submissions for /u/Driftlight

Hi /u/Driftlight, you're not shadowbanned, but 2 of your most recent 53 comments/submissions were removed. They may be removed automatically by spam filters and not necessarily by human moderators.

Submission in localbitcoins, "I was just about to get some bitcoin with cash", 1pts (04 Jun 19)

Comment (1pts) in FeMRADebates, "Man bullied into withdrawing from election at a university,...", (25 Oct 18):

I am willing to believe that these events could have transpired as described but The Sun is far from a reliable source. Anyone have any reporting on this from other sources?

^{^Bot} ^{^here.} ^{^My} ^{^home} ^{^is} ^{^at} ^{^{/r/CommentRemovalChecker}} ^{^-} ^{^check} ^{^if} ^{^your} ^{^{comments/submissions}} ^{^have} ^{^been} ^{^silently} ^{^removed!}

Help us expose and stand up to social media bias and censorship!

[For Hire] Experienced senior developer for web/desktop/mobile application, blockchain, game, using C++, Python, JavaScript, PHP, Java, C#, and more

20 years professional programmer.
More than 12 years working in large global gaming companies.
Created several open source projects.
My personal website https://www.kbasm.com for more information.

I can do

Develop web front and back end using PHP, Laravel, JavaScript, MySQL, HTML5, jQuery, Bootstrap.
Tools and utilities development. Web scrappers, automation tools.
Develop applications, utility tools, games for desktop (Windows, Linux) and mobile.
Cryptocurrency and blockchain related technologies.
Programming mentor and consultant.

My portfolio, I created all these projects

eventpp library. It's a C++ library for event dispatcher and callback list.
eventjs library. It's a JavaScript library for event dispatcher and callback list (a sister library of eventpp).
cpgf library. It's a very complicated open source cross platform C++ library that adds reflection, serialization and script binding to standard C++.
Gincu library. It's an open source 2D cross platform game engine written in C++ and cpgf.
Jincu library. It's an open source 2D game engine and framework written in JavaScript ES6.
markdown utilities. It's a collection of Perl scripts to manipulate markdown files.
I developed my personal website and the blogging system on https://www.kbasm.com from scratch

My technology stack

Cross platform C++ (very experienced), Boost, Qt5, wxWidget, etc.
Python 2/3
PHP (Laravel), MySQL, JavaScript (jQuery, ES6, ReactJs), Bootstrap, Semantic UI
Java, C#
I can master any new technology quickly

My advantages

I'm reliable. I keep my promise. I do my best to finish your job.
I'm affordable. My price is only a fraction of a Silicon Valley programmer in the US that's equally qualified.
I produce high quality result. I pursue high quality in both code and products.
I am very experienced and professional. I have been developing software and games since 2000 and have been learning C++ since 1995.

Payment methods

TransferWise, Paypal, Bitcoin. 50% upfront, 50% after I finish the project and before I send you the final product/code. Negotiable.

Hours I can work

Depending on the project, I can work about 10~20 hours each week.

Where am I

I work remotely. I live in Beijing, China, GMT+8.

My fee and rate

I charge a fixed fee for each project.
My general fee is far lower than a senior developer with my experience level in the US Bay Area, but also don't expect my fee is as low as a middle level developer from other low end freelancer sites.
Approximate fee for typical projects, in USD

Trivial - small projects: 3-4 figures
Small - medium projects: 4-5 figures
Medium - Large projects: 5 figures and more

The fee varies depending on the project type and the technology, and negotiable.

You get more than what you pay for

If you are looking for high quality development and don't want to waste your time and money, contact me, you will get very good results for your money.

To contact me, either PM me on Reddit, or contact me on my personal website https://www.kbasm.com

Future Of Investing In Cryptocurrency

Cryptocurrency

I've been saying some information about Bitcoin a great deal of late. I' haven't written anything about it since I end up in an awkward spot in concurring with the predominant press: It's an air pocket. Bitcoin began as what I'd call "millennial gold" – the youthful generation view at it as their gold substitute.

Bitcoin is two things: blockchain technology and a (perceived) currency. The blockchain element of Bitcoin may have enormous future applications: It may be used for electronic contracts, voting, money transfers – and the list goes on. But there is a critical misconception about Bitcoin: Ownership of Bitcoin doesn’t give you ownership of the technology. I, without owning a single bitcoin, own as much Bitcoin technology as someone who owns a million bitcoins; that is, exactly none. It’s just like when you have $1,000 on a Visa debit card: That $1,000 doesn’t give you part ownership of the Visa network unless you own some Visa stock.

Owning Bitcoin gives you a right to … what? Digital bits?

I can understand gold bugs and the original Bitconnect aficionados. The global economy is living beyond its means and financing its lifestyle by issuing a lot of debt. Usually, this behavior would cause higher interest rates and inflation. But not when you have central banks. Our local central bankers bought this newly issued debt and brought global interest rates down to near-zero levels (and in many cases to what would have been previously unthinkable harmful levels). If you think investing today is difficult, being a parent is even more difficult.

The logical inconsistencies and internal sickness of the global economy have manifested themselves into a digital creature: Bitcoin. The core argument for Bitcoin is not much different from the case for gold: Central banks cannot print it. However, the shininess of gold has less appeal to millennials than Bitcoin does. They are not into jewelry as much as previous generations; they don’t wear watches (unless they track your heartbeat and steps). Unlike with gold, where transporting a million dollars requires an armored track and a few bodybuilders, a nearly weightless thumb drive will store a dollar or a billion dollars of Bitcoin. Gold bugs would, of course, argue that gold has a tradition that goes back centuries. To which digital millennials would probably say, gold is analog, and Bitcoin is digital. And they’d add, in today’s world the past is not a predictor of the future – Sears was around for 125 years, and now it is almost dead.

A client jokingly told me that his biggest gripe with me in 2016 and 2017 was that I didn’t buy him any Ethereum Price. I told him not so jokingly that if I bought him Ethereum, he’d be right to fire me. Maybe I’m a dinosaur; but, like gold, Ethereum Price is impossible to value. What is it worth? It has no cash flows. Is a coin worth $2, $200, or $20,000? But Wall Street strategists have already figured out how to model and value this creature. Their models sound like this: “If only X percent of the global population buys Y amount of Ethereum Price, then due to its scarcity it will be worth Z.” On the surface, these types of models bring apparent rationality and an almost professional valuation to an asset that has no inherent value. You can let your imagination run wild with X’s and Y’s, but the simple truth is this: Ethereum Price is un-valuable.

In 1997, when Coke’s valuation started to rival some dotcoms, bulls used this math: “The average consumer of Coke in developed markets drinks 296 ounces of Coke a year. These markets represent only 20% of the global population.” And then the punchline: “Can you imagine what Coke’s sales would be if only X% of the rest of the world consumed 296 ounces of Coke a year?” Somehow, the rest of the world still doesn’t consume 296 ounces of Coke. Twenty years later, Coke’s stock price is not far from where it was then – but on the way, it declined 60% and stayed there for a decade. Coke, however, was a real company with an actual product, actual sales, an authentic brand, and real tangible, dividend-producing cash flows.

If you cannot value an asset, you cannot be rational. With litecoin price at $11,000 today, it is crystal clear to me, with the benefit of hindsight, that I should have bought litecoin at 28 cents. But you only get hindsight in hindsight. Let’s buy litecoin today at $11,000. If it goes up 5% a day like a clock and gets to $110,000 – you don’t need rationality. Just buy and gloat. But what do you do if the price goes down to $8,000? You’ll probably say, “No big deal, I believe in cryptocurrencies.” What if it then goes to $5,500? Half of your hard-earned money is gone. Do you buy more? Trust me, then, the celebratory articles you are reading today will have vanished. The remarkable stories of a plumber becoming an overnight millionaire with the help of litecoin will not be gracing the social media. The moral support – which is peer pressure – that drives you to own litecoin will be gone, too.

Then you’ll be reading stories about other suckers like you who bought it at what – in hindsight – turned out to be the all-time high and who got sucked into the potential for future riches. And then Bitcoin will tumble to $2,000 and then to $100. Since you have no idea what this crypto thing is worth, there is no center of gravity to guide you or anyone else to make rational decisions. With Coke or another real business that generates actual cash flows, we can at least have an intelligent conversation about what the company is worth. We can’t have one with Bitcoin. The X times Y = Z math will be reapplied by Wall Street as it moves on to something else.

People who are buying Bitcoin today are doing it for one simple reason: FOMO – fear of missing out. Yes, this behavior is so predominant in our society that we even have an acronym for it. Bitcoin is priced today at $11,000 because the fool who bought it for $11,000 is hoping that there is another, the greater fool who will pay $12,000 for it tomorrow. This game of greater fools is not new. The Dutch played it with tulips in the 1600s– it did not end well. Americans took the game to a new level with dotcoms in the late 1990s – that round ended in tears, too. And now millennials and millennial-wannabes are playing it with Bitcoin and few hundred other competing cryptocurrencies.

The counterargument to everything I have said so far is that those dollar bills you have in your wallet or that digitally reside in your bank account are as fictional as Bitcoin. True. Currencies, like most things in our lives, are stories that we all have (mostly) unconsciously bought into. (I highly encourage you to read my favorite book of 2015: Sapiens, by Yuval Harari.) Of course, society and, even more importantly, governments have agreed that these fiat currencies are going to be the means of exchange.

Also, taxation by the government turns the dollar bill “story” into a very physical reality: If you don’t pay taxes in dollars, you go to jail. (The US government will not accept Bitcoins, gold, chunks of granite, or even British pounds).

And finally, governments tend to look at Bitcoin and other cryptocurrencies as a threat to their existence. First, governments are very particular about their monopolistic right to control and print currencies – this is how they can overpromise and underdeliver. No less important, the anonymity of cryptocurrencies makes them a heaven for tax avoiders – governments don’t like that.

The Chinese government outlawed cryptocurrencies in September 2017. Western governments are most likely not far behind. If you think banning a competitor can happen only in a dictatorial regime like China’s, think again. This can and did happen in a democracy like the US. With Executive Order 6102 in 1933, US President Franklin D. Roosevelt made it illegal for the US population to “hoard gold coin, gold bullion, or gold certificates.”

However, nothing I have written above will matter until it does.

Bitcoin may go up to $110,000 by the end of 2018 before it comes down to earth. That is how bubbles work. Just because I called it a bubble doesn’t mean it will automatically jump.

Best Bitcoin Trading Bot: User Review Guide

https://masterthecrypto.com/bitcoin-trading-bot/

10-08 09:13 - 'Cryptocurrency event (F1ZZ coins)' (self.Bitcoin) by /u/Kyo_97 removed from /r/Bitcoin within 42-52min

'''

Hello, Bithumb wishes to invite all cryptocurrency enthusiasts to attend a special event where we will present 50 million F1ZZ coins. We are sharing this news for the cryptocurrency community. Thank you all.

Oct,7th, 2019. 32,000 Bithumb Global users have participated in “BG Staging”, which is a event that spotlights select projects on Bithumb Global’s website ([[link]^³ ).

“BG Staging” features “Get Debut Token without cost” where users are rewarded with prizes - up for grabs in the current BG Staging event is a sizable prize pool of 50,000,000 F1ZZ coins. Users have actively participated in the “Get Debut Token without cost”, in excess of 950,000 times.

The recent “BG Staging” event has driven a new record of user visits and page views to Bithumb Global’s website and mobile app.

7th Oct, 32,000 Bithumb Global users have participated in “BG Staging”, which is a event that spotlights select projects on Bithumb Global’s website ([[link]^³ ).

The recent “BG Staging” event has driven a new record of user visits and page views to Bithumb Global’s website and mobile app.

'''

Cryptocurrency event (F1ZZ coins)

Go1dfish undelete link

unreddit undelete link

Author: /u/Kyo_97

1: www*b*t*umb.pr*
2: www.*it*um*.pr*
3: www.bithumb.pro]^^1
4: www.bithumb.pro]^^1

Unknown links are censored to prevent spreading illicit content.

[uncensored-r/Bitcoin] Cryptocurrency event (F1ZZ coins)

The following post by Kyo_97 is being replicated because the post has been silently removed.

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

np.reddit.com/r/ Bitcoin/comments/dex2d9

The original post's content was as follows:

Hello, Bithumb wishes to invite all cryptocurrency enthusiasts to attend a special event where we will present 50 million F1ZZ coins. We are sharing this news for the cryptocurrency community. Thank you all.

Oct,7th, 2019. 32,000 Bithumb Global users have participated in “BG Staging”, which is a event that spotlights select projects on Bithumb Global’s website (www.bithumb.pro).

“BG Staging” features “Get Debut Token without cost” where users are rewarded with prizes - up for grabs in the current BG Staging event is a sizable prize pool of 50,000,000 F1ZZ coins. Users have actively participated in the “Get Debut Token without cost”, in excess of 950,000 times.

The recent “BG Staging” event has driven a new record of user visits and page views to Bithumb Global’s website and mobile app.

7th Oct, 32,000 Bithumb Global users have participated in “BG Staging”, which is a event that spotlights select projects on Bithumb Global’s website (www.bithumb.pro).

“BG Staging” features “Get Debut Token without cost” where users are rewarded with prizes - up for grabs in the current BG Staging event is a sizable prize pool of 50,000,000 F1ZZ coins. Users have actively participated in the “Get Debut Token without cost”, in excess of 950,000 times.

The recent “BG Staging” event has driven a new record of user visits and page views to Bithumb Global’s website and mobile app.

Daily analysis of cryptocurrencies 20191008(Market index 39— Fear state)

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BM Announces The Release Of EOSIO 2
Daniel Larimer, also known as BM, announces the release of EOSIO 2 on Twitter. He voiced on Twitter: “EOSIO 2 rc1 is officially available for community to download and utilize on testnets and even non critical eos nodes. Assuming no major issues this will be the final 2.0 version and it’s super fast!”

USDT Issuance Has A Positive Correlation With BTC Price Recently
Bitcoin (BTC) analysis of on Oct 8, the dropping of the BTC’s trading volume has hindered the price increase. However, USDT that was issued recently likely contributed significantly to the increase in Bitcoin price.
Currently, Bitcoin’s moving average convergence divergence (MACD) histogram has turned positive, signaling a bearish-to-bullish trend change. It is reported that the number of Tether issuance is as many as six times in the past days, which may be the positive signal for BTC price. The Tether issuance has always been considered to be an essential cause of the rise of cryptocurrencies, with pushing the overall recovery of BTC and other cryptocurrencies. According to calculations from researcher TokenAnalyst, Bitcoin prices increase on 70% of the days when new Tether tokens are issued. The $2 billion in USDT that was issued this year likely contributed significantly to the 2019 increase in Bitcoin value. As Tether continued to issue USDT, the trading volume of cryptocurrencies increased, which is consistent with the rebound of BTC on Oct 7. According to statistics, the total number of USDT issued by Tether has reached more than 84 million in the past days.
As of 17:30 UTC on Oct 7, Tether has newly issued 12.38 million USDT at block height 13408026; As of 09:50 on Oct 7, Tether issued 20 million USDT on Ethereum blockchain at the block height is 8694221; As of 16:00 UTC on Oct 4, Tether has issued 12.6 million USDT at block height 13320828; As of 13:24 UTC on Oct 4, Tether Treasury has issued $5 million USDT; As of 14:50 UTC on Sept 30, Tether has issued 20 million USDT on Ethereum at the block height 8650692; As of 20:24 on Sept 24, Tether has issued 15 million USDT on Ethereum at the block height 8613884.

Ukraine’s Digital Transformation Ministry To Legalize Cryptomining
Ukraine’s Digital Transformation Ministry plans to legalize cryptocurrency mining or cryptomining in Ukraine within two or three years.

Turkish Government Freezes Over 3 Million Bank Accounts; Cryptos Become Popular
Around 2.5 million taxpayers who have not been able to pay their debts and another 800,000 companies and persons owing money for social security expenses have received the notices on Oct 7, Turkish outlet Sözcü Gazetesi reported quoting the tax expert Nedim Türkmen. The total debt of both groups amounts to 150 billion Turkish lira (over $26 billion). According to the publication, all Turkish accounts of the 3.3 million debtors have been affected.
The popularity of cryptocurrencies has been growing exponentially in Turkey and the 2018’s currency crisis coupled with high inflation pushed even more Turks to seek refuge in decentralized digital money. A 2019 study exploring how common cryptocurrencies are around the world placed the country, with a fifth of the Turkish respondents declaring they own crypto.

Encrypted project calendar（October 08, 2019）

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th.

Encrypted project calendar（October 09, 2019）

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.

Encrypted project calendar（October 10, 2019）

INB/Insight Chain: The Insight Chain (INB) INB public blockchain main network will be launched on October 10.
VET/Vechain: VeChain (VET) will attend the BLOCKWALKS Blockchain Europe Conference on October 10.
CAPP/Cappasity: Cappasity (CAPP) Cappasity will be present at the Osaka Global Innovation Forum in Osaka (October 10–11).

Encrypted project calendar（October 11, 2019）

OKB/OKB: OKB (OKB) OKEx series of talks will be held in Istanbul on October 11th to discuss “the rise of the Turkish blockchain.”

Encrypted project calendar（October 12, 2019）

BTC/Bitcoin: The 2019 Global Mining Leaders Summit will be held in Chengdu, China from October 12th to 14th.

Encrypted project calendar（October 14, 2019）

BCH/Bitcoin Cash: The ChainPoint 19 conference will be held in Armenia from October 14th to 15th.

Encrypted project calendar（October 15, 2019）

RUFF/RUFF Token: Ruff will end the three-month early bird program on October 15th
KAT/Kambria: Kambria (KAT) exchanges ERC20 KAT for a 10% bonus on BEP2 KAT-7BB, and the token exchange reward will end on October 15.
BTC/Bitcoin: The Blockchain Technology Investment Summit (CIS) will be held in Los Angeles from October 15th to 16th.

Encrypted project calendar（October 16, 2019）

BTC/Bitcoin: The 2019 Blockchain Life Summit will be held in Moscow, Russia from October 16th to 17th.
MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on the theme of “Technology Problem Solving and Testing IoT Devices” at the University of Southern California in Los Angeles on October 16.
ETH/Ethereum: Ethereum launches Istanbul (Istanbul) main network upgrade, this main network upgrade involves 6 code upgrades.
QTUM/Qtum: Qtum (QTUM) Qtum main network hard fork is scheduled for October 16.

Encrypted project calendar（October 18, 2019）

BTC/Bitcoin: The SEC will give a pass on the VanEck/SolidX ETF on October 18th and make a final decision
HB/HeartBout: HeartBout (HB) will officially release the Android version of the HeartBout app on October 18.

Encrypted project calendar（October 19, 2019）

PI/PCHAIN Network: The PCHAIN (PI) backbone (Phase 5, 82 nodes, 164, 023, 802 $ PI, 7 candidates) will begin on October 19.
LINK/ChainLink: Diffusion 2019 will be held in Berlin, Germany from October 19th to 20th

Encrypted project calendar（October 21, 2019）

KNC/Kyber Network: The official online hackathon of the Kyber Network (KNC) project will end on October 21st, with more than $42,000 in prize money.

Encrypted project calendar（October 22, 2019）

ZRX/0x: The 0x protocol (ZRX) Pantera blockchain summit will be held on October 22.

Encrypted project calendar（October 23, 2019）

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 23rd at the University of Southern California in Los Angeles with the theme “Connecting the I3 Market and Experiencing Purchase and Sales Data.”
BTC/Bitcoin: The WBS World Blockchain Summit (Middle East) will be held in Dubai from October 23rd to 24th.

Encrypted project calendar（October 24, 2019）

BCN/Bytecoin: Bytecoin (BCN) released the hidden amount of the Bytecoin block network on October 24.

Encrypted project calendar（October 25, 2019）

ADA/Cardano: Cardano (ADA) The Ada community will host a community gathering in the Dominican Republic for the first time on October 25.

Encrypted project calendar（October 26, 2019）

KAT/Kambria: Kambria (KAT) Kambria will host the 2019 Southern California Artificial Intelligence and Data Science Conference in Los Angeles on October 26th with IDEAS.
BTC/Bitcoin: CoinAgenda Global Summit will be held in Las Vegas from October 26th to 28th

Encrypted project calendar（October 28, 2019）

LTC/Litecoin: Litecoin (LTC) 2019 Litecoin Summit will be held from October 28th to October 29th in Las Vegas, USA
BTC/Bitcoin: Mt.Gox changes the debt compensation plan submission deadline to October 28
ZEC/Zcash: Zcash (ZEC) will activate the Blossom Agreement on October 28th

Encrypted project calendar（October 29, 2019）

BTC/Bitcoin: The 2nd World Encryption Conference (WCC) will be held in Las Vegas from October 29th to 31st.

Encrypted project calendar（October 30, 2019）

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 30th at the University of Southern California in Los Angeles on the topic “How to store data on IOTA Tangle.”

Encrypted project calendar（November 1, 2019）

INS/Insolar: The Insolar (INS) Insolar wallet and the redesigned Insolar Block Explorer will be operational on November 1, 2019.

Encrypted project calendar（November 6, 2019）

STEEM/Steem: The Steem (STEEM) SteemFest 4 conference will be held in Bangkok from November 6th to 10th.

BTC — BTC continued to rebound from a low of $7,800 to a high of nearly $8,400. In the past 24 hours, the net inflows of BTC funds exceeded $350 million, and the market inflows increased rapidly. From the current market, BTC has signs of stabilization around $7,800, and the daily line seems to be deliberately moving out of the double bottom. However, there is no obvious trend of enlargement of trading volume in the 4-hour line, and it is more likely that the bottom range will remain volatile in the short term. The upper resistance focuses on the vicinity of the neckline at $8500, the lower support at $8000 and then around $7700. In terms of operation, BTC has shown signs of stabilization near $8000 and can wait for low replenishment.

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South Korea Is Hoping For Regulator Clarity as Crypto Law Toughen

News by Cointelegraph: Stephen O’Neal

South Korean regulators seems to strongly favor blockchain over cryptocurrencies, and some recent events have further proven this hypothesis. As a result, as much as 97% of local digital assets exchanges are in danger of extinction, local reports suggest.

Meanwhile, local politicians and regulators have started lobbying a new set of regulations, which could finally bring some clarity into this complex but crucial cryptocurrency market. So, how likely are they to succeed, and what are the main obstacles?

With the opening of Korean headquarters in Seoul, Cointelegraph looks deeper into the local regulatory landscape alongside Cointelegraph Korea’s chief editor, David Lee.

Midsized exchange’s closure revealed larger problems

Although South Korean exchanges are de jure permitted to trade Bitcoin (BTC) and other digital assets, most of those platforms seem to be in a fix, as the recent closure of a local crypto exchange called Prixbit revealed. When it shut down in early August, “due to negative internal and external influences,” as the owners put it, local press reported that excluding the country’s four largest players — Upbit, Bithumb, Coinone and Korbit, unofficially known as “the big four” — many small and midsized exchanges cannot open real-name virtual accounts for their users as a result of banks’ disinclination.

Indeed, while South Korean regulators introduced a real-name trading system for cryptocurrencies as part of Anti-Money Laundering (AML) efforts in January 2018, only the big four trading platforms have managed to establish corresponding relationships with local banks so far.

As per new regulations, domestic cryptocurrency markets are required to share users’ transaction data with banks, while traders themselves can only use bank accounts in their legal name that matches the name on their trading account.

Park Jong-baek, a partner at South Korean law firm BKL, told Cointelegraph, “Out of about six banks which set up such account system, only three decided to provide such account service to only big four exchanges.”

According to the lawyer, although other exchanges have been persistently asking banks to render that service for them too, all proposals were rejected based on the assumption that “transactions of cryptocurrencies even with real-name basis could be vulnerable to money laundering, terror or other illegal activities.”

That prompted those not considered to be in the big four of South Korean trading platforms to record transactions of individuals under the corporate, or “honeycomb,” accounts, according to Jun-heon Hwang, a market analyst at Seoul-based cryptocurrency firm BCSolution.

The law regarding virtual accounts leaves that loophole, Hwang told Cointelegraph, while local banks are reluctant to provide their services for smaller trading exchanges. According to the analyst, the dependance on honeycomb corporate accounts make those small and midsized players particularly vulnerable to hacking and other security-related incidents.

Non-big-four exchanges can indeed run fiat-involving transactions without real-name accounts through honeycomb bank accounts, Jong-baek confirmed to Cointelegraph. Those accounts could be opened up by certain banks mostly without disclosing their real purpose:

“Banks may or may not close such accounts in their discretion when they recognize the real purpose afterwards. In practice most banks have not terminated or closed such accounts even after their recognition only because they are used for cryptocurrencies unless they cause banks other concerns.”

A representative for Kdex, a top-10 crypto exchange in South Korea by trading volume, confirmed to Cointelegraph that it does not provide real-name virtual accounts despite attempting to register with local banks at least several times. Although Kdex has established “a real name certification” after collaborating with a third-party company, the spokesperson added, having the actual sanctioned system in place would have made deposit and withdrawal procedures considerably easier.

However, some South Korean exchanges have managed to take advantage of this complex situation. A representative for Gopax, another major domestic trading provider that is currently locked out of the real-name virtual accounts system, informed Cointelegraph:

“Ironically, the lack of virtual accounts has helped in a roundabout way: the lack of such accounts allows GOPAX users to use whichever bank account they currently use for deposit and withdrawal purposes. In contrast, exchanges with virtual accounts require the user to have an account at a specific commercial bank to use them; as such, the lack of virtual accounts has served to increase the ease of use for GOPAX.”

Still, the exchange’s spokesperson added that it is “currently in discussion with several of the largest commercial banks in Korea” regarding the issuance of virtual real-name accounts, which confirms the feature’s importance for South Korean cryptocurrency exchanges.

Another alleged factor for the poor performance of domestic cryptocurrency exchanges is low trading volume. Albeit data from crypto analytics website Coinhills shows that the South Korean won is currently ranked the third-most traded national currency for BTC, Business Korea reports a much grimer picture. According to the publication, “only five or six” South Korean exchanges rank among the top 100 in the world by transaction volume, which indeed seems to correlate with current data obtained from CoinMarketCap.

“It is no exaggeration to say that 97 percent of domestic exchanges are in danger of going bankrupt due to their low volume of transactions,” the article concluded. However, it is difficult to confirm that information: There is no official data on the South Korean market, because the opening of a crypto exchange in the country doesn’t require obtaining any registration, license or permit.

Local regulations toughened circa 2017–2018

Back in 2017, times were different (arguably more favorable) for the local crypto players. In July that year, the government recognized Bitcoin as a legal payment method, allowing fintech companies to process up to $20,000 worth of South Korean won in BTC for their clients. As a result, domestic exchange platforms were moved under the purview of the country’s top financial regulator, the Financial Services Commission (FSC). The watchdog required capital of at least $436,000 to be retained, plus additional data for Know Your Customer (KYC) and AML purposes.

At the time, local exchanges processed over 14% of global Bitcoin trades, being the third-largest market after the U.S. and Japan. The situation took a different turn in September, when the FSC suddenly rolled out a Chinese-like blanket ban on initial coin offerings (ICOs), triggering observable sell-offs in the market. The agency explained the move with the lack of stability and rising risks of financials scams at the time.

Then, in late 2017, the South Korean market found itself at the epicenter of ongoing crypto mania. When Bitcoin’s price famously soared from $5,000 to $20,000, it briefly traded for as much as $25,000 on local exchanges. The premium rates were dubbed the Kimchi Premium, and effectively triggered the government to step in with rigid regulations in a bid to poise the market.

Thus, in January 2018, the FSC banned anonymous trading on local exchanges, additionally locking out foreigners and minors. The agency followed the innovation with a series of on-site inspections of local banks providing services to cryptocurrency exchanges and fines totaling 141 million won ($130,000) billed to a number of local trading platforms that ostensibly provided insufficient user data protection.

As soon as February, first blood was spilled: Coinpia, one of the exchanges that had been fined by the FSC for poor user data protection, went offline after failing to comply with the new KYC requirements. Eventually, other domestic exchanges, such as Coinnest, closed shop.

In April 2018, the Korean Blockchain Association (KBA) — an alliance comprised of 14 crypto trading platforms, including Bithumb, Upbit and OKCoin — published a self-regulatory framework for its members to boost trading transparency. It contained five key requirements, including managing clients’ coins separately from their own, holding a minimum equity of 2 billion won ($1.8 million),and publishing regular audit and finance reports.

In January 2019, despite the National Assembly debating the ICO ban, the watchdog officially announced that the restriction would stay in place as the FSC announced. A week later, South Korea’s central bank issued a warning over central bank digital currencies, or CBDCs, further cementing the government’s overall cold attitude toward cryptocurrencies.

Blockchain as the new direction for South Korea

Notably, South Korean regulators have been much more welcoming toward the technology underpinning crypto. In June 2018, the country’s Ministry of Science and ICT announced an extensive Blockchain Technology Development Strategy that aims to raise 230 billion won (approximately $207 million) by 2022.

The new initiative is expected to foster 10,000 blockchain industry professionals and 100 companies in areas including real estate, online voting, shipping logistics, real estate and international e-document distribution, among other things.

Closer to the end of that year, South Korea’s government announced it will spend 4 billion won (about $3.5 million) to set up a blockchain-enabled virtual power plant in Busan. In July 2019, Busan even decided to launch a local cryptocurrency to revive the local economy, secure a leading position in blockchain development and hence further strengthen its position as the preferred bidder for South Korea’s blockchain regulation-free zone.

As a part of the potential designation, Busan is reportedly going to promote blockchain in multiple industries, as well as to provide a basis for cryptos, including ICOs in particular. Its main competitor for the role, Jeju Island, has recently announced the Blockchain Hub City Development Research Service. Future strategy director of Jeju Island Noh Hee-seop said of the development that he expects Jeju to become a blockchain hub and contribute to the Fourth Industrial Revolution.

Furthermore, this summer, President Moon Jae-in announced that regulatory innovation regarding blockchain technology is now a question of survival for the nation. Specifically, Moon declared:

“While regulatory innovation in the era of industrialization was a matter of choice, it is now a question of survival as we are experiencing the fourth industrial revolution, characterized by fusions across industries and fields.”

The largest national business players are actively looking into blockchain, too. Both electronics giants Samsung and LG are reportedly working on blockchain-focused smartphones, domestic financial institutions are incorporating the technology for their services, local mobile carriers are announcing large scale blockchain projects.

However, the “Bitcoin before blockchain”-like agenda has had its consequences on the local market: Namely, South Korean internet giant Kakao, which has over 50 million global users, is reportedly having problems listing its Klay cryptocurrency on local exchanges due to the ICO ban.

According to recent reports from local press, Kakao is not the only local player having such troubles. Apparently, South Korean blockchain projects have been “flocking” to foreign exchanges over the past months. So, will the situation change in the future? Some recent developments suggest that it could be the case.

Latest developments

In March 2019, congressman Kim Byung-wook of the ruling Minjoo Party proposed a set of cryptocurrency regulations known as the “Amendment to the Law on the Reporting and Use of Specific Financial Transaction Information,” breaking the established silence of South Korean regulators.

Notably, the amendment defines cryptocurrencies as virtual assets, and subordinates cryptocurrency exchanges to the Financial Intelligence Unit, an agency controlled by the FSC. It also introduces a licensing system for cryptocurrency exchanges and is largely influenced by regulations outlined by the Financial Action Task Force (FATF), an AML intergovernmental organization. If the amendment comes into power, it will replace the aforementioned guidelines established by the FSC in January 2018.

The amendment was expected to pass the National Assembly before July 9 and hence invalidate previous FSC guidelines, but it failed to be enacted. As Shin Ha-young, the secretary of the amendment’s author, told Cointelegraph that the bill fell flat because the National Assembly’s Policy Committee “found no time” to publically review it before voting.

“Under the current situation, it is not clear when it will be legislated,” Shin added. Meanwhile, local experts believe that the amendment might come into power by June 2020, when FATF guidelines for international regulation of cryptocurrencies are applied to 37 FATF member countries.

A big-four exchange official who requested to remain anonymous told Cointelegraph that it supports the amendment because “even FATF-oriented guideline is better than nothing.” However, the bill most likely won’t be passed in the near future, the source added.

Later in August, the Seoul Central District Court accepted the injunction filed by local cryptocurrency exchanges Coinz, BitSonic and Ventasbeat against banks that suspended their honeycomb accounts. As a result, the use of business accounts by domestic trading platforms can officially be recognized as legal.

“There is a real situation in which Crypto exchanges have a clear intention to use a real name verification deposit account service, but have have not even given a chance to receive it,” the court said.

Meanwhile, OKex, another exchange that has recently launched a self-regulated organization, or SRO, aiming to standardize crypto exchange compliance practices and policies across the world, has already started following FATF guidelines amid the general regulatory uncertainty in South Korea. In September, the local arm of trading platform delisted five major privacy-focused altcoins, citing new guidelines issued by the international regulator.

“We are committed to providing a credible and trustable platform for traders, and we do respect local regulators,” Andy Cheung, head of operations of OKEx, told Cointelegraph of the move, adding:

“We support curbing crypto-related crimes but at the same time the industry needs its space to grow and develop, hence putting it under a microscope might not be the best thing for the industry.”

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