Sunday, November 24, 2019

@binance: A Beginner’s Guide to Segregated Witness (SegWit) - @BinanceAcademy The implementation of SegWit marked the biggest protocol upgrade of #Bitcoin. The fact that it was supported & implemented by the decentralized community makes it even more interesting. https://t.co/PP48Os9h2y

https://mobile.twitter.com/binance/status/1198830197014876160

Not Your Keys: 92% of Institutional Investors Keep Crypto on Exchanges

https://preview.redd.it/99ju747xsr041.jpg?width=687&format=pjpg&auto=webp&s=5ceb478b49462bff2ae987bca642a060e928eea5

Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims.

Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who used its platform about their trading habits.

Exchange storage “most popular choice”

The survey was part of Binance’s Institutional Market Insights research, which is now in its second edition.

Among the most surprising results was that 92% of participants chose to keep their crypto — Bitcoin (BTC), stablecoins and others — with trusted third parties, and not under their own control.

The figure dwarfs much safer alternatives such as hardware wallets and other cold wallets.

“Exchanges remain as the most popular choice for cryptoasset storage amongst our institutional and VIP clients at 92.1%,” Binance summarized.

The 76 investors cannot be said to have significant exposure in terms of capital — over 50% had total crypto holdings of under 10 units of a coin. 10 BTC currently equals around $72,000.

Demands to take back control of crypto

As Cointelegraph reported, investors face significantly increased risk of loss and theft of coins if they remain in wallets to which they do not control the private keys.

Exchanges, including Binance, continue to see hacks this year, while regulatory scrutiny can also see funds locked up without notice until an account owner provides personal identity data.

Efforts to make investors aware of the need to control their money are mounting. On Jan. 3, the second annual Proof of Keys event will challenge all Bitcoin holders to remove their funds from third-party wallets.

The brainchild of advocate Trace Mayer, preparations for the move, which coincides with the anniversary of the Bitcoin genesis block, are already a common sight on social media.

Not Your Keys: 92% of Institutional Investors Keep Crypto on Exchanges

https://preview.redd.it/zp8j8pa0tr041.jpg?width=687&format=pjpg&auto=webp&s=567ee9707550ee5954f81dba612ca09a44ae7f6b

Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims.

Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who used its platform about their trading habits.

Exchange storage “most popular choice”

The survey was part of Binance’s Institutional Market Insights research, which is now in its second edition.

Among the most surprising results was that 92% of participants chose to keep their crypto — Bitcoin (BTC), stablecoins and others — with trusted third parties, and not under their own control.

The figure dwarfs much safer alternatives such as hardware wallets and other cold wallets.

“Exchanges remain as the most popular choice for cryptoasset storage amongst our institutional and VIP clients at 92.1%,” Binance summarized.

The 76 investors cannot be said to have significant exposure in terms of capital — over 50% had total crypto holdings of under 10 units of a coin. 10 BTC currently equals around $72,000.

Demands to take back control of crypto

As Cointelegraph reported, investors face significantly increased risk of loss and theft of coins if they remain in wallets to which they do not control the private keys.

Exchanges, including Binance, continue to see hacks this year, while regulatory scrutiny can also see funds locked up without notice until an account owner provides personal identity data.

The brainchild of advocate Trace Mayer, preparations for the move, which coincides with the anniversary of the Bitcoin genesis block, are already a common sight on social media.

[Daily Discussion] Monday, November 25, 2019

Thread topics include, but are not limited to:

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

Thread guidelines:

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

Other ways to interact:

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

[Altcoin Discussion] Monday, November 25, 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

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https://mobile.twitter.com/AlphaexCapital/status/1198785869961990150

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https://mobile.twitter.com/AlphaexCapital/status/1198769266713153536

2019 Cryptocurrency (Elliott Wave): Thanksgiving Update

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

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

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

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

12-MAY-2019 Cryptocurrency (Elliott Wave): Sell In May And Go Away?

https://bitcointalk.org/index.php?topic=5128394.msg51017295#msg51017295

17-JUN-2019 Cryptocurrency (Elliott Wave): Solstice Update

https://bitcointalk.org/index.php?topic=5128394.msg51505513#msg51505513

28-JUL-2019 Cryptocurrency (Elliott Wave): Inflection Point

https://bitcointalk.org/index.php?topic=5128394.msg51975328#msg51975328

26-OCT-2019 Cryptocurrency (Elliott Wave): Trick or Treat…?

https://bitcointalk.org/index.php?topic=5128394.msg52880531#msg52880531

24-NOV-2019 Cryptocurrency (Elliott Wave): Thanksgiving Update

https://bitcointalk.org/index.php?topic=5128394.msg53171045#msg53171045

From an Elliott Wave perspective, two scenarios are under consideration at this inflection point: a continuing Bull Scenario or a Bear Scenario.

In either scenario, the Elliott Wave model proposes a five wave structure, consisting of: three advancing bull market waves, interwoven with two declining bear market waves. Overlaying this model onto Bitcoin suggests:

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

—BLX: https://i.imgur.com/iGXd6tX.png

The five aforementioned have been considered as PRIMARY degree waves —such waves elapse the course of a few months to a couple of years. Each PRIMARY degree wave is constituted of five INTERMEDIATE degree waves; and in turn, so forth into smaller degree fractals.

The Bull Scenario suggests Wave-5 is still underway, with subdividing and extending waves headed for new all-time highs.

The Bear Scenario suggests Wave-5 completed at the 26-JUN-2019 high as a truncated fifth wave failure, and a bear market is underway.

Bull Scenario

The bullish scenario suggests a continuing bull market is underway. PRIMARY[5] wave started from the 06-FEB-2019 low, and has completed its first parabolic uptrend labelled as INTERMEDIATE(1) wave at the 26-JUN-2019 high.

—BTC: https://i.imgur.com/KYg0V4j.png

INTERMEDIATE(2) wave pullback started at the 26-JUN-2019 high, and retraced an almost Fibonacci 61.8% thus far of the 2019 bull market, into the 23-OCT-2019 low.

This 4-month decline had initially appeared to have completed an INTERMEDIATE(2) wave pullback when the market suddenly spiked and surged over 40% within a day —attributed to news of Chinese leader Xi Jinping reportedly stating China should “seize the opportunity” offered by blockchain. The surge was the third largest 24-hour price gain in Bitcoin's history.

However, since the spike high on 26-OCT-2019, the market has steadily sold-off and now returned back to the 23-OCT-2019 low; and hence, erasing the entire late OCT surge. The surge is now being considered as a B-wave as part of an ongoing INTERMEDIATE(2) wave pullback. In hindsight, it ought to have been obvious this Thanksgiving Turkey isn’t cooked yet:

“B waves are phonies. They are sucker plays, bull traps, speculators' paradise, orgies of odd-lotter mentality or expressions of dumb institutional complacency (or both). They often involve a focus on a narrow list of stocks, are often ‘unconfirmed’ by other averages, are rarely technically strong, and are virtually always doomed to complete retracement by wave C. If the analyst can easily say to himself, ‘There is something wrong with this market,’ chances are it's a B wave.” —Elliott Wave Principle Key to Market Behavior; A.J. Frost, Robert Prechter.

From the B-wave high set on 26-OCT-2019, C-wave of INTERMEDIATE(2) wave pullback has been underway and is expected to conclude at the following Fibonacci support zones, using BITSTAMP:

@7230: 61.8% Fibonacci retracement from 15-DEC-2018 to 26-JUN-2019. [AVG] @5425: 78.6% Fibonacci retracement from 15-DEC-2018 to 26-JUN-2019. [MAX] @4350: 88.6% Fibonacci retracement from 15-DEC-2018 to 26-JUN-2019. [WARNING: Bull Market Terminated?]

In addition to the aforementioned support zones, the following additional midway Fibonacci zones can be sought as support for this current INTERMEDIATE(2) decline, using BITSTAMP:

@7055: Wave-C = Wave-A * 0.500 @6280: Wave-C = Wave-A * 0.618 @5170: Wave-C = Wave-A * 0.786

Summary of support zones, using BITSTAMP: 7230, 7055, 6280, 5425, 5170, 4350

At time of writing, price is currently meandering between the first two aforementioned support levels.

Once INTERMEDIATE(2) wave pullback has completed, a rising INTERMEDIATE(3) is expected to commence to resume the bull market. Such a wave is expected to unfold parabolically in nature, and at a minimum, meet or exceed the PRIMARY[3] high set on 17-DEC-2017. In both price and time, this wave is expected to be the longest of the PRIMARY[5] bull market.

Where the PRIMARY[5] bull market ends is open to interpretation and speculation.

From an Elliott Wave perspective: A common wave relationship guides the price of the fifth wave to be equal to; or extend a Fibonacci 1.618 or 2.618 times; the length from the low of the first wave through to the high of third wave; projected from the low of the fourth wave. This provides a conservative target of the current bull market to conclude between $22,912 or $35,127 or $54,892, calculated using the BraveNewCoin (BLX) index:

@22912: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 1 @35127: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 1.618 @54892: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 2.618

—BLX: https://i.imgur.com/Mz3IHcD.png

As and when the waves develop and progress, and in the event of subdividing and extending waves, revised price targets shall be calculated with renewed projections.

Bear Scenario

The bear market scenario suggests the 2019 bull market was a short-lived affair, and PRIMARY[5] terminated as a failed-fifth truncated wave.

PRIMARY[5] started from the 15-DEC-2018 low and completed at the 26-JUN-2019 high. A Fibonacci 88.6% retracement of this uptrend is at 4350 BITSTAMP —a decline to this point ought to signal the goose is cooked and market has favoured to deflate.

—BTC: https://i.imgur.com/OZjUq7g.png

In this scenario, five completed PRIMARY degree waves have completed a CYCLE I wave structure. And now, a CYCLE II wave bear market pullback is underway and headed to break below the 2018 low.

—BLX: https://i.imgur.com/fzmPfhy.png

The wider cryptocurrency market in terms of the Altcoins currently appear to support the outlook of a bear market. So far in 2019, the price structure of majority Altcoins has seemingly unfolded in corrective A-B-C advancing waves, instead of impulsive 1-2-3-4-5 waves. This suggests the majority of Altcoins may be set to break their respective 2018 lows unless an intervention can be coordinated…

—ETH: https://i.imgur.com/AwmCpAh.png

Analysis is purely speculative, and projections are indicative of price & structure, not time. Happy Thanksgiving!

Weekly Dev Update #17

THORChain Weekly Dev Update for Week 12–18 Nov 2019

![](https://miro.medium.com/max/2880/1*Fy-NCZAKhgbZmE-iEIQChQ.png)

Recent Changes

Some recent updates to the protocol:

Update to Emission

The first iteration of the block reward scheme was announced in the previous weekly update. An immediate concern raised from the community was that the emission was too aggressive in the initial year and rewards dropped off fast beyond the 5 year mark. Taking Bitcoin’s emission as an example, the emission curve has been updated to target 2% emission after 10 years.

![](https://miro.medium.com/max/2384/1*gqBLvJOl2G4n3IHW1rViKg.png)

The Block Reward equation is given by the following recurrence equation: g(n+2) = ((R - (g(n+1) + g(n))) / x) / y Which evaluates to: ![](https://miro.medium.com/max/1624/1*ttpsRd7HUs2-7hvDGO6elg.png) where: R = Reserve, x = 6 (Arbitrary Emission Factor) y = (seconds per day / seconds per block) / days per year y = (86400 / 5) * 365.2425 The final curve thus has a Day 0 emission of 25%, Year 1 emission of 20% and Year 10 emission of 2%.

ChaosNet

The original plan for BEPSwap (prior to the Yggdrasil liquidity breakthrough) was to have it as a separate mainnet before launching the real THORChain in 2020 with cross-chain support. Now THORChain has in-built cross-chain support and a clear roadmap to 99 nodes. This means the mainnet launch will have public, community-run nodes at the start. The community has been fielding many questions about how to run a node, and the mechanics in doing so. Since the THORChain team will not be running any nodes, it is necessary to have a full-rehearsal with the community at launch. As such, the plan is for a public ChaosNet on 03 January 2020. ChaosNet will have the following key differences: * Minimum bond of 100k RUNE. * Maximum of 12 Nodes. * Churn cycle of 1 day. * Maximum stake amount of 600k RUNE total. * 2.7m RUNE Protocol Reserve to emit Bond and Stake rewards. * Hard-coded Ragnorök at 6 weeks.

Any member who wishes to join ChaosNet to get accustomed to running a node can do so, and will receive Block Rewards roughly equivalent to mainnet (25%). They will be setting up nodes, churning in, servicing the network and earning rewards. The system will hold up to 600k Rune, at which point it will refund any additional staked amount. The community can stake small amounts of real assets, prepare arbitrage bots, set up telegram alert bots and more. In short, it is a public rehearsal with the entire community across all facets (nodes, stakers, traders) so that everyone will have access to the same information and not unfairly benefit when the real mainnet launches. Additionally, the system will be hard-coded to perform a Ragnorök 6 weeks later, which will refund all the remaining reserve as well as bonded and staked assets. This will go a long way in re-assuring the community that the system can tolerate all levels of risk, including black-swan events, and that funds are safe at all times.

Internal Arbitrage

A new feature will be launched that will allow users to use internal arbitrage. This is an asymmetrical withdrawal to Rune, then immediately followed by a asymmetrical stake of Rune in another pool. A trader may want to do this instead of doing transactional arbitrage in order to exploit price differences between two pools the fastest way possible. Instead of an outgoing transaction being processed, followed by another incoming transaction, Rune balances and stakeUnits are swapped internally, being completed inside of a few seconds.

Fee-based Transaction Prioritisation

Currently there is no prioritisation to the order of transactions, all transactions are simply processed in order of time received. In moments of high demand of network resources (such as when there are large arbitrage opportunities and users are racing to exploit them), transactions will queue in the mempool. If the system cannot respond fast enough, then the reason for high demand will persist (the large arbitrage opportunity). The solution is to remove the reason for high demand in the first place, which is the large arbitrage opportunity, at the same time as collecting the maximum revenue for the system. As such, in the checkTx method (which can triage the mempool), transactions will be sorted and ordered in the value of the fee of the swap transaction. Assuming rational actors, the following transactions will then be prioritised over all others: * A transaction from an impatient swapper who is willing to pay a large fee. * A transaction from a trader who is able to arbitrage out a price discrepancy (and still make a gain).

This then means the system can collect as much income as possible (good for the stakers) at the same time as prioritising transactions that can arbitrage out large price discrepancies quickly. This then means swaps from transient swappers will experience a market price that accurately matches the reference price at all times.

BEPSwap Development

The team are working on 4 parallel streams of effort. Cross-chain infrastructure has now been merged into a single repo called “THORNode”. * THORChain * Midgard Public API * Threshold Signature Scheme implementation * Front-end Integration for BEPSwap

THORChain

Midgard Public API

Database ported from influxdb to timescaledb (more maturity, better developer tooling). Endpoints built out include/pools and /stakers. * Feature/new endpoint format, refactors and general clean ups

Features/stakers https://gitlab.com/thorchain/bepswap/chain-service/merge_requests/58
Updated new events api schema https://gitlab.com/thorchain/bepswap/chain-service/merge_requests/59
GetTxDetails https://gitlab.com/thorchain/bepswap/chain-service/merge_requests/60
Removed deadcode that is breaking the build. https://gitlab.com/thorchain/bepswap/chain-service/merge_requests/61
Moved to one influxdb table/measurement as you need flux to make cross table calculations. https://gitlab.com/thorchain/bepswap/chain-service/merge_requests/62
Feature/timescale https://gitlab.com/thorchain/bepswap/chain-service/merge_requests/65
Feature/v1/stakers/{address} https://gitlab.com/thorchain/bepswap/chain-service/merge_requests/66
Feature/pools https://gitlab.com/thorchain/bepswap/chain-service/merge_requests/67

The OpenApi Schema can be reviewed here:

https://testnet-api.bepswap.net/v1/doc

Threshold Signature Scheme

TSS was successfully implemented into the Genesis ceremony, with the focus now being on the key-gen and key-sign ceremonies. Multi-cast DNS was switched out for a distributed hash table to facilitate node discovery. * Issue4 — docker images and ci https://gitlab.com/thorchain/tss/multi-party-ecdsa-docker/merge_requests/5 * Fix a docker bug https://gitlab.com/thorchain/tss/multi-party-ecdsa-docker/merge_requests/6

A proof-of-concept is being prepared using BinanceChain TSS library, which was recently launched in order to make a decision whether to switch libraries. A go-based implementation is better for THORNode, since it is also written in Go.

https://github.com/binance-chain/tss-lib

Frontend Implementation

Bug-fixes and tweaks from community feedback. The frontend is now ready for implementation with the latest Midgard API. * Resolve “Write cypress e2e test for pool stake list view” https://gitlab.com/thorchain/bepswap/bepswap-react-app/merge_requests/164 * Resolve “Update rune token icon” https://gitlab.com/thorchain/bepswap/bepswap-react-app/merge_requests/165 * Resolve “Update confirmation modal” https://gitlab.com/thorchain/bepswap/bepswap-react-app/merge_requests/166 * Resolve “Update wallet view” https://gitlab.com/thorchain/bepswap/bepswap-react-app/merge_requests/167 * Resolve “Add tooltip for wallet connection” https://gitlab.com/thorchain/bepswap/bepswap-react-app/merge_requests/168

Timelines

The team are working for these milestones: * Feature Freeze: 20 November 2019 on-time * Audit: 20 December 2019 on-time * ChaosNet: 03 January 2020 on-time

Community

To keep up to date, please monitor community channels, particularly Telegram and Twitter: Twitter: https://twitter.com/thorchain_org Telegram Community: https://t.me/thorchain_org Telegram Announcements: https://t.me/thorchain Reddit: https://reddit.com/r/thorchain Github: https://github.com/thorchain Medium: https://medium.com/thorchain

2019 Cryptocurrency (Elliott Wave): Thanksgiving Update

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

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

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

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

12-MAY-2019 Cryptocurrency (Elliott Wave): Sell In May And Go Away?

https://bitcointalk.org/index.php?topic=5128394.msg51017295#msg51017295

17-JUN-2019 Cryptocurrency (Elliott Wave): Solstice Update

https://bitcointalk.org/index.php?topic=5128394.msg51505513#msg51505513

28-JUL-2019 Cryptocurrency (Elliott Wave): Inflection Point

https://bitcointalk.org/index.php?topic=5128394.msg51975328#msg51975328

26-OCT-2019 Cryptocurrency (Elliott Wave): Trick or Treat…?

https://bitcointalk.org/index.php?topic=5128394.msg52880531#msg52880531

24-NOV-2019 Cryptocurrency (Elliott Wave): Thanksgiving Update

https://bitcointalk.org/index.php?topic=5128394.msg53171045#msg53171045

From an Elliott Wave perspective, two scenarios are under consideration at this inflection point: a continuing Bull Scenario or a Bear Scenario.

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

—BLX: https://i.imgur.com/iGXd6tX.png

The Bull Scenario suggests Wave-5 is still underway, with subdividing and extending waves headed for new all-time highs.

The Bear Scenario suggests Wave-5 completed at the 26-JUN-2019 high as a truncated fifth wave failure, and a bear market is underway.

Bull Scenario

—BTC: https://i.imgur.com/KYg0V4j.png

INTERMEDIATE(2) wave pullback started at the 26-JUN-2019 high, and retraced an almost Fibonacci 61.8% thus far of the 2019 bull market, into the 23-OCT-2019 low.

From the B-wave high set on 26-OCT-2019, C-wave of INTERMEDIATE(2) wave pullback has been underway and is expected to conclude at the following Fibonacci support zones, using BITSTAMP:

@7230: 61.8% Fibonacci retracement from 15-DEC-2018 to 26-JUN-2019. [AVG] @5425: 78.6% Fibonacci retracement from 15-DEC-2018 to 26-JUN-2019. [MAX] @4350: 88.6% Fibonacci retracement from 15-DEC-2018 to 26-JUN-2019. [WARNING: Bull Market Terminated?]

In addition to the aforementioned support zones, the following additional midway Fibonacci zones can be sought as support for this current INTERMEDIATE(2) decline, using BITSTAMP:

@7055: Wave-C = Wave-A * 0.500 @6280: Wave-C = Wave-A * 0.618 @5170: Wave-C = Wave-A * 0.786

Summary of support zones, using BITSTAMP: 7230, 7055, 6280, 5425, 5170, 4350

At time of writing, price is currently meandering between the first two aforementioned support levels.

Where the PRIMARY[5] bull market ends is open to interpretation and speculation.

@22912: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 1 @35127: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 1.618 @54892: PRIMARY[5] = (PRIMARY[1] + PRIMARY[3]) * 2.618

—BLX: https://i.imgur.com/Mz3IHcD.png

As and when the waves develop and progress, and in the event of subdividing and extending waves, revised price targets shall be calculated with renewed projections.

Bear Scenario

The bear market scenario suggests the 2019 bull market was a short-lived affair, and PRIMARY[5] terminated as a failed-fifth truncated wave.

—BTC: https://i.imgur.com/OZjUq7g.png

In this scenario, five completed PRIMARY degree waves have completed a CYCLE I wave structure. And now, a CYCLE II wave bear market pullback is underway and headed to break below the 2018 low.

—BLX: https://i.imgur.com/fzmPfhy.png

—ETH: https://i.imgur.com/AwmCpAh.png

Analysis is purely speculative, and projections are indicative of price & structure, not time. Happy Thanksgiving!

@AlphaexCapital : Enter for a chance of getting a free copy of our Forex Trading Strategy Guide for FREE! Click here to enter now: https://t.co/zVCPPs2jor -- Giveaway ends: 30/11/2019. Winner announced 01/12/2019. #giveaway #win #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals

https://mobile.twitter.com/AlphaexCapital/status/1198755670708932609

Weekly Update: ParJar media blitz, Fiat pegged tipping goes live, Hydro Community Content Initiative, Sentivate Ambassadors... – 15 Nov - 21 Nov'19

Sup folks! This is the final one of the catch up series. Here’s your week at Parachute + partners (15 Nov - 21 Nov'19):

With the latest update in ParJar, you can now tip crypto to your friends pegged to fiat. For example, if you were ever stuck on “How do I send $PAR tokens worth 10 USD to Cap?”, you can now simply type “/tip 10 USD PAR” and boom! ParJar does the rest for you. Awesome isn’t it? Last week we didn’t even notice that ParJar had been featured on a number of crypto publications. Cap found out this week. From Decrypt to TronWeekly to BitcoinExchangeGuide, ParJar made a big splash everywhere. Friggin amazing! PAR4PAR lottery entered stage 7. 350k $PAR up for grabs. Charlotte's Math trivia in TTR was super fun. 10 questions, 2500 $PAR each. Doc Vic (from Cuba) made a group for CoD Mobile players from Parachute. Join in if interested.

No more wondering “How much is 5 USD in $PAR?” when tipping. Yay!

In this week’s creative contest (@captainparachute #fanciness) by Jason, Parachuters had to “draw fancy outfits for captain”. Tons of $PAR given out for making Captain fabulous. Haha. Weekly Parenas are back. This week’s Parena saw Carlos take home a cool 25k $PAR from the 50k $PAR pot by beating Brian in a quick finale. This week’s Two-for-Tuesday’s theme was live in concert bands. An epic Tuesday ensued. In this week's #PFFL update, Hang (9-2) has moved to first place with Clinton following closely at 8-3. Chris, Alexis and Andy are in third position with 7-4. For #wholesomewed this week, Parachuters shared pivotal events from their lives that made them what they are. As a Helium hotspot operator, Cap and Ice travelled to a meetup this week in NYC to explore synergies.

Peace Love’s late entry for last week’s #Parichristmas. Can you identify the face? Haha

Catch up on the latest at aXpire from CEO Gary Markham’s inaugural State of the Market episode. Plus, there’s the Week 46 update video by Joakim as well. This week’s 20k $AXPR burn can be tracked here. Do you work at a Law firm that is looking to improve profitability? Look no further. Bilr is here to help. Have a read of this article to know more. The ERC20-BEP2 swap bridge is now back online. Check out the cool new promo video of the 2gether card. Founder Salvador Casquero will be part of a webinar discussion with Manager Focus on digital currencies on the 28th. Mark your calendars! CEO Ramón Ferraz's full interview with Emprendiendo.TV from South Summit which happened several weeks back was published this week. He also wrote about DeFi (Decentralised Finance) and its impact on the financial sector in a recent CryptoDaily UK article. The story behind the present branding of XIO can be read in this tweet thread. A new gif contest was started just before of the reveal of the first set of nominated startups for the XIO incubator. Hope you had a chance to make a submission. The Birdchain community was invited this week to vote for their favorite entry in the Copywrite Challenge. Voting will be open till the 27th. Plus, a new referral bonus was started. Woot woot! Did you know that you could earn 5% interest for holding $ETHOS on Voyager? Read more about it here. The latest update of the Voyager app was released this week.

Thanks for making this ParJar branded coupon/label, Jose. I can already see so many uses for this

Tron is now live on the Switch-backed McAfeeDex. Its volume on the SwitchDex network can also be tracked from DappRadar. The Dex supports 70 languages as of now and will become as close to a DAO as possible by decentralising decision making from 2020. Mineable featured Fantom $FTM in his list of 7 promising cryptos video. If you are looking to stake $FTM when mainnet goes live, make sure to read this article to understand how it will work. For the latest roundup from Fantomverse, click here. And welcome to the $FTM fam, Samuel! The voting for the #UptrenndOC contest finalists was conducted. BeInCrypto joined Uptrennd this week. $1UP is now listed on P2PB2B exchange. The crew will be covering CoinPoint's Annual VIP Networking Party next year as a media partner. Congratulations to the winners of the ETH Prediction contest for winning 2k $1UP tokens. Sweet! Part I of the Uptrennd Sharing Contest got off to a roaring start. For the latest scoop on District0x, check out the District Weekly. The District Registry article in the education portal has been updated in preparation of its launch. How to win over customers in the Fintech space? Hydro breaks it down for you in this article. The Hydro Community Content Initiative looks at creative inputs from the community to spread the word on Hydro. The project won an international competition called APIficator hosted by Sia Partners at The Met in NYC. APIficator is an open innovation challenge that looks for the best banking and finance APIs from around the world. Woohoo! As Vault prepares for a 2020 launch, here’s a quick product update.

Views from the Hydrogen HQ are to die for

If you want to see Silent Notary’s $SNTR token listed on Halodex, then don’t forget to vote for IDLedgers in the Halodex Listing Contest. Interested to become a Sentivate Ambassador? Get in touch with the crew. There will also be an Advocate Program for busy folks. Following the community's vote from a few weeks back to have more ELI5 content on core web technologies in video format, the team announced that they will be starting a podcast soon from their new office in Pittsburgh. Scott Melker (The Wolf Of All Streets) joined as an advisor to the project this week. Stay tuned to the upcoming AMAs to get in on exclusive updates. One of them will have more details on Artifacts. OST CEO Jason Goldberg wrote in depth about how OST’s tech makes Pepo such a powerful app. Pepo also got covered in detailed articles on Cointelegraph and Blockchain.news. Decrypt also did a brief feature of $OST. A Merkle Tree is a data structure that allows for quick verification in a large amount of data. SelfKey team published an article that explains how Merkle Trees make blockchains efficient. They also put together an eye-opening list of major data breaches in 2019. But what do hackers do with the breached data? Click here to find out. Busy week at Pynk with the crew travelling to Expanse Summit to speak on "Investing with AI" and then to Shift Conference in Croatia (where they made it to the finals) followed by FintechMatters in Vienna (where co-founder Mark Little talked about Crowd Wisdom) and finally to Slush in Helsinki (for biz dev).

Signing up for Pepo is pretty straightforward

Shuffle Monster’s $SHUF token is now a default token on Uniswap. Wibson team attended the Games Changer Summit hosted by Forbes Argentina this week. Head of Research Carlos Sarraute travelled to the University of San Andrés to train attendees on Big Data and talk shop. Read up on the Wibson journey so far from this article. Harmony had proposed a new staking mechanism called Effective Proof-of-Stake (EPoS) back in August. This week, it started to come to fruition with the latest commit. Click here to see what it takes to get it live. Harmony's Java SDK was released as well. Digital marketer Nick Vasilich shared his learnings from working on the development of Harmony DAO from the ground up. To stay upto date with Harmony news in your local language, don’t forget to follow the regional accounts. Welcome to Harmony, Wen! In this week's Harmony Insights episode, we learnt about market making. $ONE was listed on DeFi platform Constant which enables P2P lending. On that occasion, a special deal of lower interest rates for borrowing against $ONE was announced. Click here for pictures from Binance Turkey meetup that Harmony crew visited. Continuing from last week’s Harmony Bytes, the challenges of staking were discussed in the latest episode. As mentioned last week, the team was in Odessa as part of #CryptourUkraine. Next week, Vinnytsia.

And with that, we are 100% updated with the latest week. Yay! See you again with another weekly update. Ciao!

Weekly Update: ParJar media blitz, Fiat pegged tipping goes live, Hydro Community Content Initiative, Sentivate Ambassadors... – 15 Nov - 21 Nov'19

Sup folks! This is the final one of the catch up series. Here’s your week at Parachute + partners (15 Nov - 21 Nov'19):

No more wondering “How much is 5 USD in $PAR?” when tipping. Yay!

Peace Love’s late entry for last week’s #Parichristmas. Can you identify the face? Haha

Thanks for making this ParJar branded coupon/label, Jose. I can already see so many uses for this

Views from the Hydrogen HQ are to die for

Signing up for Pepo is pretty straightforward

And with that, we are 100% updated with the latest week. Yay! See you again with another weekly update. Ciao!

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G2A Exploit

Tried to report this issue to G2A with no success. This exploit is still working after 2 months.

So basically it exploits a vulnerability in BitBay payment system to manually expire tokens and get instant refunds when paying with bitcoin.

Guide:

https://anonymousfiles.io/oYoIYi6I/ or if the link is not working, here is another one:

http://bit.ly/2XGszWC

Here is a video which shows how it works:

https://www.youtube.com/watch?v=sUDOAeKvsG4

crypto1xbit - Double your Bitcoin deposit

Honestly, this is the biggest leak that we have ever posted.

With this method you will be able to double your first Bitcoin deposit on a popular bookmaker site - crypto1xbit.

The only problem with this exploit is that you can use it only once. Crypto1xbit uses multiple recognization tools to find multi-accounts, therefore it's almost impossible to abuse this exploit. Just use it once for a good amount, then withdraw and you will be totally fine.

Guide:

https://anonymousfiles.io/BllQd1vC/ or if the link is not working, here is another one:

http://bit.ly/2OgQMju

How it works? The exploit will allow you to generate a second Bitcoin wallet on crypto1xbit, and when you make a deposit to the second address – your deposit will be doubled. Why? Because the website script doesn’t update the details instantly (it happens only after your refresh the page), so what it means is that when the new address receives a new deposit, the old one is still active, and since you have 2 addresses in their database, your deposit will count twice. It works only for the first deposit on the site.

BTC Needed (min.) - 0.005 BTC (~$50)

Max. BTC deposit - 2 BTC

New HUGE Localbitcoins.com Exploit - Double your Bitcoins

We are back with another, huge release.

This time you will be able to double your Bitcoins through Localbitcoins exploit. We are using the same vulnerability as in most of our methods - timezone change. So this time, if we use the exploit to change the timezone whenever a new deposit is made on Localbitcoins - it will make your transaction get visually stuck on their site, but the money will get added to your balance anyway (once your transaction hit 3 confirmations), and then if you contact their support telling them that your transaction is stuck - they will add the money to your balance AGAIN!

For example if you use the exploit, make 0.5 BTC deposit and then contact support - it willl make you earn another 0.50 BTC which is like $5000 now, JUST LIKE THAT.

There are absolutely no limits on the amount which you can double, personally I used this for 1.12 BTC deposit and cashed out 2.24 BTC a few minutes later. The only downside is that you can use this method only once per account, but you can create multiple accounts on Localbitcoins if you have more than 1 phone number as they require you to verify your account through SMS code when registering.

This is confirmed as working as of today (24.11.2019).

Here is the guide:

https://anonymousfiles.io/aw2ayWZw/ or if the link is not working, here is another one:

http://bit.ly/34eCrcQ

https://preview.redd.it/4zg69w3rip041.png?width=514&format=png&auto=webp&s=8e692f28ed94ae5bff8b70ad0c759ec0eb415e9c

Weekly /r/DesMoines Events Thread for the week of November 24, 2019

This thread is for any events going on in Des Moines this week! What events will you be attending? What events do you want to attend? What events do you want to promote? Whats new around Des Moines this week? Add a comment below.

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

New threads start every Sunday, and will be stickied at the top of the subreddit.

Here are some places to find things to do: Cityview's Calendar - Juice's Calendar - Des Moines Register Event Page - Catch Des Moines Calendar

If you have any recurring events, specials, or other suggestions for this weekly thread, please send us a modmail

Bar Map

THANKS FOR HELPING US CROWDSOURCE THIS

Discord for Iowa/Des Moines https://discord.gg/2MKbCv5

Trivia Nights:

First Monday of the month is Mona's Pub Quiz at The Lift
Benchwarmers in Ankeny on Mondays
Tuesdays at Blue Moon in WDM - starts at 8
Wednesdays at Fireside Grille in Altoona -starts at 8
Trivia Thursdays at The Ingersoll Tap.
Tuesdays at Quinton's
Gas Lamp has triva on Tuesday
Tuesdays at Basement Bar at Des Moines Social Club
There's trivia at The Beer House in Urbandale on Wednesdays, 7pm. Also at F&O's on Fridays, 9pm
Tuesdays at Wellman's Ingersoll
Geeks Who Drink at Red Monk is actually trivia. They do have specials, but the main event is trivia.
Wellmans Pub on Ingersoll has trivia Tuesday night at 8
Trivia at Thunder Head in Ankeny every Tuesday
Trivia at the Keg Stand, Thursday nights (I think it starts at 8:30?)
Hi, I'm the owner of Mad Meatball Pizzeria & Pub, located at 401 SE 5th St in Des Moines. We have Trivia every Wednesday at 7:30pm. The Special for the Trivia AYCE Wings for $10 from 7-10pm and $1 off all craft and import beer.

Drink Specials:
2 for Tuesdays @ the Flying Moose every Tuesday all night (Also, 2 fers every day until 8pm)
Beechwood has 2 for 1 on tuesdays.
Tuesday night is dollar domestic bottles at Streetcar 209
Quintons: Thursday Half off all drinks
Quarter beers at both Flying Moose and Mickey's Clive on Weds
Wednesday is geeks who drink at the red monk
Lift has $3 draws on Thursday
First Wednesday of every month there is a bottle share at 515 Brewing @ 6
Wacky Wednesdays at Hero's on Court Ave are 2 for 1's all night each week
Sunday nights at Lime at Lime Lounge in the East Village has live Hip Hop acts and DJs, no cover, 2 for $5 wells, 2 for $10 martinis and mojitos, 3 for $7 lime drop shots, and a $1 well drink power hour
- Tuesdays they have trivia at The Hall in Valley Junction too. Starts at 7.
- Smashpark in WDM has trivia at 7 and 8 on monday nights
Weekly Open Mic night:
Gas Lamp now does karaoke on Tuesdays (with a live band for you to sing with!).
Tuesday night comedy open mic at Lefty's Live Music at 8pm.
open mic every Tuesday at Luckys at 8.
Friday night at the Beechwood is free stand-up comedy.
Acoustic music open mic at AJ's on East Court, Sundays at 4pm
Free Killer Queen at Up-Down every Thursday!
There is trivia at The Ducktail Lounge on Sunday’s.
Open Mic Thursday at Java Joe's Downtown at 7:30

Other Ongoing Events:
Blues Jam Band every Tuesday at Carl's Place, $3 tallboys
Des Moines Bitcoin and Blockchain MeetUp at Gravitate in West Des Moines - 2nd and 4th Thursdays of each month (eg Oct 25th) at 7:00pm

If any of these are no longer current or you would like to add something, please ping /u/annarchist to update this thread otherwise I may miss it.

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(NL) Looking to transfer small sums to a friend in Colombia, what's the best way to do this?

Thank you for guiding me to the correct sub/filter, if I'm in the wrong location.

TLDR - I'm in the Netherlands, a friend of mine in Colombia is going through a tough time and I want to send her small sums to help her through, maybe 50-100 euro every couple months, and I'm trying to find the best way to do this. Any help/experience?

To be honest there isn't much more information than that. I've been on google, of course, and there are a number of services offering transfers - but they have a wide range of fees, and anecdotal experiences (at least those shared online) seem to indicate that reliability, on top of these fees, can be a bit touch and go. I was also considering a VISA gift card, which she could purchase in Colombia in the hopes that I could top it up online. However, checking through VISA and Mastercard websites, it seems that this isn't possible, or at least not as easy as I thought. I also considered bitcoin, but my friend is not technologically savvy and I'm not sure she could handle that. And to be entirely honest, I'm not sure I could either, as I've been interested for years but still haven't spend the time to figure out how to make it happen.

So I'm here to ask for your help - does anyone have experience in sending smaller amounts to Latin America, specifically Colombia? Can anyone advise on a specific route/site/app/service? Big thank you for your time and ideas!

The IRS Is Cracking Down on Investors… Here’s What You Need to Know About Paying Bitcoin and Crypto Taxes

As 2019 comes to a close, the 2020 tax season is upon us, which means that it is time once again for traders, investors, and business owners to calculate their capital gains and report their income and profits to the government.

One big mistake that many crypto traders have made in the past was reporting their earnings incorrectly or failing to report at all. Although there is a common misconception that Bitcoin is anonymous, the recent crackdown that took place earlier this year, in which the IRS sent letters to over 10,000 people asking them to pay back taxes, demonstrates the need to file properly. Even entities outside of the U.S., such as the U.K.’s HMRC, are taking further steps to ensure tax compliance.

That said, recent changes to cryptocurrency tax guidelines and the complexity of the digital assets themselves can make it hard for those in possession of crypto to understand where to begin in the filing process. Fortunately, crypto taxes are easy to understand once they are explained.

If you have engaged in any crypto transactions over the past year, here’s what you need to know about paying Bitcoin and crypto taxes.

https://preview.redd.it/sgxtgkamsm041.jpg?width=4000&format=pjpg&auto=webp&s=795a6acd74b979367aaf1f1283482865258ae76b

Crypto As a Tradeable Asset

When crypto is purchased and exchanged at a later date, cryptocurrency is taxed as a tradeable asset. For example, let’s imagine that you purchased one Bitcoin in January of this year and sold it when the price spiked up to $12,000 in May. As a result of your sale, you would have to report your profits as capital gains for the sale of that asset and pay the resulting tax. (However, you may also claim losses if the value of your asset’s value depreciated over that time instead.)

Along with trade transactions, other transactions, such as making purchases with your crypto, are considered taxable events as well. Continuing with the above example, let’s imagine that you spent $2,500 of your Bitcoin on your rent. You would need to sit down and calculate exactly how much that portion of your asset has gained since its initial purchase. Of course, this brings up the question of how exactly to calculate these gains. We will dive deeper into this topic after the next section.

Put simply, any time you spend your asset, exchange your crypto for a similar asset or a fiat currency, or otherwise engage in a transaction that involves receiving something in return for your crypto, you need to report any capital gains or losses.

Crypto As Income

While crypto is used by many as a tradeable asset, there are also those who make a living through trading crypto or through accepting crypto through a business or as part of their paycheck. If crypto is earned, it becomes taxable not only as an asset when it is traded but as income as well. The type of work that you do in return for crypto will dictate how you will need to file when you report this income.

What’s truly important to know, however, is that any form of income is taxable. In the IRS’s new guidelines, they touch upon the topic of forks as an example and the resulting cryptocurrencies that you may obtain through a hard fork. If you receive any amount of cryptocurrency, whether you asked for it or not, you are responsible for reporting it as income. As always, there are some exemptions, such as gifts, which you will only need to report when you sell or trade it at a later date.

How Does Crypto Tax Filing Work?

Reporting fiat currency is simple as there are no price fluctuations that complicate your filing efforts. Cryptocurrency, on the other hand, is always changing, which makes it more difficult to determine what you owe and how you need to report it.

In general, there are four main accounting methods that people turn to in order to report their crypto profits: first in first out (FIFO), last in first out (LIFO), average cost, and specific identification. Simplified, they look like this:

FIFO- The crypto that you spend or trade is taken from your first purchase. If you spend one Bitcoin and you own two Bitcoin, you calculate your gains or losses based on the first Bitcoin that you acquired.
LIFO- Using this accounting method, traders do the opposite of the above, calculating gains and losses by drawing from their most recent purchases first.
Average Cost- One of the easier accounting methods, the average cost is calculated by determining the amount of holdings you have sold and pulling from the overall price of your assets. This method isn’t as commonly seen as the other three, however.
Specific Identification- If you can show the IRS proof of specific transactions stored in different places, you can choose which asset you want to calculate your gains or losses on. For example, if you have one Bitcoin stored in address A and one in address B and you spend one Bitcoin, you can choose which asset you sold as long as you can provide documentation of the purchase of said asset.

As always, it is vital that you do your research, consult professionals, and fully understand your responsibilities before you begin trying to report your income and capital gains. While the above gives you an overview of what you can expect to come across as you prepare your crypto taxes, it is ultimately up to you to make sure that you are compliant and up-to-date with local tax laws.

If you have sold any crypto over this past year, use the above as a starting point for learning more about how to file cryptocurrency taxes before the deadline arrives.

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