Sunday, March 29, 2020

Bear Market Over? Charts on Bitcoin and ASX 200 Suggest Otherwise (current BTC/USD price is $6,008.72)

Latest Bitcoin News:

Bear Market Over? Charts on Bitcoin and ASX 200 Suggest Otherwise

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


[Daily Discussion] Monday, March 30, 2020

Thread topics include, but are not limited to:

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

Thread guidelines:

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

Other ways to interact:


[Altcoin Discussion] Monday, March 30, 2020

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:


@binance: What is #Blockchain Technology? The Ultimate Guide - @BinanceAcademy Blockchain technology was formalized in 2009 with the release of #Bitcoin – the first & most popular blockchain. However, Satoshi took inspiration from earlier technologies & proposals. https://t.co/RC8hgauOvJ

https://mobile.twitter.com/binance/status/1244452849796304897

Latest Bitcoin.com Wallet Release Features Live Charts and Price Tracking (current BTC/USD price is $5,905.11)

Latest Bitcoin News:

Latest Bitcoin.com Wallet Release Features Live Charts and Price Tracking

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


Bitcoin ransomware Ryuk ravaging hospitals amidst COVID-19 pandemic (current BTC/USD price is $5,930.74)

Latest Bitcoin News:

Bitcoin ransomware Ryuk ravaging hospitals amidst COVID-19 pandemic

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


03-30 00:23 - 'Crypto COVID-19 Help' (self.Bitcoin) by /u/isysd removed from /r/Bitcoin within 0-9min

'''

TLDR;

Share your ideas and resources for using crypto to help with the global fight against COVID-19 and the economic intervention.

Intro

While everyone is talking about COVID-19 aka coronavirus, the contribution of the crypto community has so far been largely disorganized and reactionary. While some individuals and teams are taking action, most people on this subreddit and elsewhere seem more concerned with price speculation and finding ways to turn the crisis into profit. As far as I've seen, there has been no concerted effort or discussion on how we can use blockchain and cryptoeconomics to directly mitigate the damage.

Rather than losing sight of those asking how or actively trying to help, lets use this thread to track all of our efforts, and organize our labor and funding to maximize our impact. Crowdsourcing like crypto should be!

Conduct

To keep things organized and constructive, please follow this code of conduct. I will update the sections below with upvoted resources that meet these requirements.

  1. Treat each other like capable humans, each eager to help the others.
  2. Any ideas and other creative work should be offered as free and open source.
  3. Do not speculate on or try to profit by trading the crisis.
  4. Try to offer solutions that can be completed quickly, openly, within this community. i.e. applying existing tools and proven tech, not creating a new blockchain
  5. Keep an open mind for any other parties willing to collaborate, including governments, banks, etc.

Problems

Lets identify and describe problems that are or will occur due to COVID. Classify the problems by if and how blockchain technology could be applied to them.

Title Description Blockchain Application
Protein folding Use computing cycles to test proteins for application in COVID medicines. mining alternative
Non-profit donations Donate crypto to non-profits to help with COVID. funding
Tracking Use blockchain to track and validate COVID status. platform
Commercial Credit Businesses are losing credit as the fractional reserve credit system freezes up. funding
CBDC Central Bank Digital Currencies are sanitary and universally accessible, even during lockdowns. platform

Resources

Websites and Communities

There are number of existing communities like this one that are already organizing to help. They are not very engaged with the crypto community so far.

Title Description Link
Help With Covid COVID-19 projects looking for volunteers [website]1
Helpful Engineering Thousands of engineers volunteering to help with COVID. [website]2
COVID-19 Crowdsourced Startup Best-Practices & Resources Crowdsourced document to gather information which main purpose is to help startups and companies that are affected by the current restrictions due to the global COVID-19 outbreak. [Google Doc]3
OpenIDEO COVID-19 COMMUNICATION INSPIRATION CHALLENGE [page]4
Hackathons

There are a number of hackathons being organized, especially by European governments, and private corporations. Programmableweb is hosting an [updated list]5 . Rather than reproducing that here, I think it is better to read their list, and email the editor indicated at the bottom with new events.

[link]13

CBDC aka Stablecoins

Issue central bank and/or gov. backed stablecoins. | U.S. Stimulus bills and other gov. proposals. Under active consideration by dozens of governments around the world. Let us know if your government is considering this, and what they need!

A leading company in this space is bitt, and they have an excellent [CBDC hub page]6 .

Country Status Source
Barbados Live [bitt]7
U.S.A. Proposed [Forbes]8
Panama Proposed [La Estrella]9
Data Sharing and Analysis

This is one of the most active fields of volunteering, but so far it has not been tied to blockchain in any live systems.

Title Description Link
SSI Covid Test Results Verifiable test results [Google Doc]10
CoronaTrace Tracking test results [website]11
Grants and Funding

The potential for funding is quite obvious since ICOs are one of the top uses of crypto so far. Some existing platforms have already made funding windows available, but surely we could create more specialized vehicles if we put our heads together.

Title Total Funding Link
Protocol Labs Open Innovation Grant $200,000 [application page]12

'''

Crypto COVID-19 Help

Go1dfish undelete link

unreddit undelete link

Author: /u/isysd

1: help*ithco*id*co*/
2: ww*.he*pf*le*gin*er*ng.*rg/
3: docs*goog**.com/*ocument/d/10tO*Ct*iur*W***9k*PdumKU8I*D*qL5F*9**9*YT*w/
4: w*w.*p*nideo.*om/*hallen*****iefs*covi*1*-comm*nication-challe**e
5: www.progra*mableweb.*om*ne**/*ev*lo*er-hackat*on**to-*o*b*t-*ovid-1*/re*ie*/*0*0/0*/*6
6: *ww.b*tt*com/*bdc-*ub
7: w*w.*itt.c*m*cbdc-*ub
8: www*fo*bes.*om/s*t**/*aso*brett/2020/03*23/*ew*coronav*rus-*t*mulus*bill-i****du*es-*igital***llar-an*-d*gita**d*l*a*-wa*lets/#*081*2*94bea
9: www.**e*tre*la*c*m***/econom*a/*00325*c*d*la-funcionara-*arj*ta-*e*ito*recibi*
10: f*ghtt*e*iru*.wo*ld
11: *or*n*-trac**github.*o/
12: *rot*col*abs.sma*pl*.io*prog/cov*d-*9_ope*_in*****ion*grants/
13: www.p*ogr*mmablewe*.com/*ews/*e*eloper-*ac*athons-t*-c**bat*c*vi*-*9*r**i**/*020/03/*6

Unknown links are censored to prevent spreading illicit content.


[WTS] Raw and Graded US Gold! Also graded US coins including morgans, proof shield nickle.

Proof/Pics: https://imgur.com/a/cmyenab

I am looking for payment in crypto, mainly bitcoin (though I can take most major bitcoins with a slight fee for conversion fees) Though I would be open to PP FF. I have priced ALL of these below PCGS price guide.

PCGS MS 61 (Old holder) $10 Lib: $950

1887-S $10 Lib $800

AU/UNC $5 1909 Indian $450

AU/UNC $2.5 1926 Indian $275

AU/UNC $2.5 1873 Lib $285

NGC PF64CAM 1870 Shield Nickle $400 (ONLY 93 KNOWN 1870 CAM) (fyi the case is scratched NOT the coin)

PCGS MS64 V Nickle $110

1884 CC GSA (Looks to be about MS64 on the front and MS65 on the back) $200

NGC MS64 1896 Morgan $50

PCGS MS64 1899-O $55

I have been in quarantine for about 2 weeks now and show no symptoms, we are a corona free household!

Shipping is $7.95 for priority with tracking, insurance is extra. Buy $500 or more and get some free war nickles+ junk silver. Buy all of it and get 5 ASE's. I will be only making ONE run to the post office (Corona and all) I will be doing it on Tuesday. Though if most of it sells out I can go as early as tommorow. Enjoy :)



Bitcoin Price Analysis: Bulls Are Trying to Defend Daily Uptrend After $7000 Area Rejection (current BTC/USD price is $6,116.24)

Latest Bitcoin News:

Bitcoin Price Analysis: Bulls Are Trying to Defend Daily Uptrend After $7000 Area Rejection

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


New to Crypto. Coupled with the halving event and devaluation of the USD. Surely Bitcoin is going to boom later this year? (x-post from /r/Bitcoin)

https://www.reddit.com/r/Bitcoin/comments/fr3w46/new_to_crypto_coupled_with_the_halving_event_and/

New to Crypto. Coupled with the halving event and devaluation of the USD. Surely Bitcoin is going to boom later this year?

It sounds very straight forward to me. Any opinions going against this?


Link to an excellent article that I came across regarding Bitcoin's security model.

https://medium.com/@danhedl/bitcoins-security-is-fine-93391d9b61a8

Some notable quotes;

Regarding altcoin/forks;

Less valuable blockchains with the same security model of their more expensive counterparts will become less and less used as the gap in security grows. Sidechains, layer 2 systems, etc. will make the ‘differentiating features’ of alternate chains less and less relevant.” — Alex Sunnarborg

Regarding the "fee event" of late 2017;

The sudden multiplication of altcoins and ICOs during the last bull run was a race to mimic the wealth creation that happened in Bitcoin. It was not millions of people suddenly using blockchains to transfer money around the world and seeking to minimize those fees. In other words, the coincidence of altcoin and ICO proliferation with the 2017 crypto bubble was a generalized gold rush (we were all trying to find gold/SoV) but not a rational pricing dynamic and arbitrage of block space through transaction fees.” — Donald McIntyre

Honestly one of the best Bitcoin-related articles I've read in a long time.


Heres Why 100 SMA Could Spark Fresh Bitcoin Rally In Near Term (current BTC/USD price is $6,174.36)

Latest Bitcoin News:

Heres Why 100 SMA Could Spark Fresh Bitcoin Rally In Near Term

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


Beginner's Guide: What is Bitcoin Halving?

https://cryptoadventure.org/beginners-guide-what-is-bitcoin-halving/

Beginner's Guide: What is Bitcoin Halving?

https://cryptoadventure.org/beginners-guide-what-is-bitcoin-halving/

Beginner's Guide: What is Bitcoin Halving?

https://cryptoadventure.org/beginners-guide-what-is-bitcoin-halving/

Beginner's Guide: What is Bitcoin Halving?

https://cryptoadventure.org/beginners-guide-what-is-bitcoin-halving/

Beginner’s Guide: What is Bitcoin Halving?

https://cryptoadventure.org/beginners-guide-what-is-bitcoin-halving/

Beginner’s Guide: What is Bitcoin Halving?

https://cryptoadventure.org/beginners-guide-what-is-bitcoin-halving/

Beginner’s Guide: What is Bitcoin Halving?

https://cryptoadventure.org/beginners-guide-what-is-bitcoin-halving/

Beginner’s Guide: What is Bitcoin Halving?

https://cryptoadventure.org/beginners-guide-what-is-bitcoin-halving/

Beginner’s Guide: What is Bitcoin Halving? (x-post from /r/Bitcoin)

https://www.reddit.com/r/Bitcoin/comments/fr2cfg/beginners_guide_what_is_bitcoin_halving/

Beginner's Guide: What is Bitcoin Halving?

https://www.reddit.com/r/Crypto_Currency_News/comments/fr2bgo/beginners_guide_what_is_bitcoin_halving/?utm_source=ifttt

Should blockchain projects really be decentralized?

In recent days, the FCOIN crisis has received the most attention.

Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post On February 17. Zhang Jian's ‘Truth announcement’ seemed to put a bomb in the market. Before that, because the team lost contact for many days, the scandal of the team's dissolution was already rumoured for several days. Now, after the scandal that "FCoin may not be able to pay the 7,000-13,000 BTC" broke out, the only illusion left by investors is finally broken.

In July 2018, Fcoin began the community-based governance. Last October, FMEX, a contract trading platform owned by FT ECOLOGY, officially launched. However, the FMEX daily volume fell from the day of launch, which was astonishing. Coincidentally, in the same month, the public chain project aelf was also involved in rumors that the aelf team had dissolved the wechat community, which indicates that the team might be facing dissolving.

As it turned out, however, the decentralized cloud computing blockchain network project, aelf, wasn't dissolving, but attempted to return to the community by playing down the influence of the founding team.

FCoin, on the other hand, which claimed to be community-based governance, eventually collapsed because of Zhang Jian's team's terrible decision making, and has again raised questions about decentralization and community governance. Is it a false proposition to give back to the community? Should blockchain projects really be decentralized?

Giving back to the community = Escaping with money?

Communitization was once regarded as the biggest "Feature" of FCoin.

Over the past year, FCoin has set up Social Committees, Basic Regulations, Community Partnership System, Community Discipline Supervision Committee, Community Organization Departments, and Professional Committees that cover a wide range of talents. Together with the collective decision-making + Division of Labor and Cooperation Mechanism formed by the Social Committee, it seems that FCoin's decision-making has basically achieved community-owned and community-driven.

Judging from the completeness of the mechanism, FCoin stands out among all the blockchain projects/teams on the market. However, it was not until FCoin crashed that people realised that this platform, where decision making is handed over to the community and community governance is implemented, has had a serious payment crisis for a long time. But this fact was not known to the community, leading to the outside world believing that FCoin was functioning properly, and there was no omen for the final collapse.

It makes you wonder: Did FCoin really give back to the community? Over the past two years, following the large drop in the blockchain markets, many projects were nominally "de-centralized", but in reality, were simply exit-scams. After such things happen over and over again, people have concerns about the team's loss of contact and giving back to the community. However, the ultimate collapse of FCoin, which advocated community focus, undoubtedly puts a big black spot on community-owned and community-driven projects.

There is a reason why investors continue to accumulate doubts. Last May, ONO, a blockchain project, was shut down and its founder was accused of starting a new business. However, the founders later publicly responded that the project is still ongoing and they were working on the ONO innovation model, which is expected to be launched in December.

But until now, we haven't seen any new developments in the project, and the founder has long disappeared. Even if project decentralization is seriously stigmatized, in the crypto world, there are many projects that fulfill the dream of giving it back to the community.

Why do people still believe in decentralization?

BCH's Infrastructure Funding Plan have been the hotly debated. the proportion of Miners' donations are also updated with community recommendations. and miners and developers can also vote on and participate in decisions-making about proposals that affect their vital interests.

Last month Vitalik Buterin, the founder of Ethereum, a well known project, said in public that from a technical perspective, Ethereum is certain to survive because of the number of well coordinated developers. However, from the social perspective, he is not very sure. BUTERIN's statement also shows us how important a founder can be in a blockchain project. 

During the second half of 2019, aelf was involved in the rumors. On October 21 last year, several wechat groups whose name including aelf suddenly disbanded. Due to the endless occurrence of exiting with money in blockchain projects, investors began to worry about whether the aelf team has dissolved.

However, the follow-up situation proves that the decentralized cloud computing blockchain network project is not dissolving, but was trying to return to the community by downplaying the role of teams.

We found ‘aelf community’, a WeChat official accounts platform, keeps tracking aelf project's progress. While there had been rumours that aelf had disbanded in the last quarter of last 2019. But in fact, during this period, aelf has been providing regular updates of the progress about its R & D and ecological construction to the outside world.

For example, the day after the rumor spread, aelf announced that it would launch the public test with awards for the aelf Enterprise 0.8.0 beta. On Oct 29th, aelf Enterprise was officially listed on Google Cloud Marketplace. Up to now, it has launched on Amazon AWS, Google Cloud, Microsoft Cloud Azure and Huawei Cloud platforms, and has become Amazon AWS and Huawei Cloud Technology partners, providing a more efficient, convenient and high-quality development environment for enterprise users (supporting multi cloud operation). Besides, Team members also continue to make their voices heard in international media or events.

On the other hand, aelf is also promoting its technology’s R & D. From the GitHub code base of aelf, we can see that the code development of aelf has been steadily active since the second half of last year.

Another perspective, from Dec 2019 to Feb 2020, aelf successively released aelf Enterprise V0.9.0 and aelf enterprise V 0.9.2. It is known that aelf Enterprise, a blockchain commercialization solution featuring "Independence, Efficiency and Security", can be used by all industries involved in value transfer to build the underlying blockchain. It is especially suitable for solving the problem of high cost of maintaining credit in business cooperation scenarios such as aviation, tourism, financial services, real estate, logistics, etc.

In addition, aelf seems to have some achievements on theoretical research. On 17 Feb. 2020, aelf officially launched the aelf Economy and Governance White Paper, which describes the various roles and interests in the ecosystem, including the rights of production nodes, candidate nodes, investors, developers and cooperation rules. 

Decentralization is not without a bright future. The founder of Bitcoin disappeared for a decade, and bitcoin operated normally for that time. Ethereum has successfully built a prosperous ecosystem, which is not only the credit of Buterin and the Ethereum foundation, but also the credit to the tens of thousands of ecosystem participants such as developers, miners, token holders, etc.

We don't deny that there are a lot of blockchain projects that are secretly taking investors’ funds in the name of community and decentralization. Now, with FCoin falling in this fundamental crisis, "Give it back to the community" is once again ridiculed by the public. But in fact, compared with the teams that boast to ‘Give it back to the community’, they are actually often still centralization.

Rome can't be built in a day. It's probably the safest way to gradually give up decision-making power and move towards community-based governance. At present, we do see a lot of blockchain projects, still groping for a properly motivated, sustainable way to do business, and firmly practicing the initial desire of decentralization.