Saturday, April 17, 2021

Bitcoin dips under $60,000 — What's pulling down BTC price?

The price of Bitcoin suddenly dropped below $60,000 days after the Coinbase public listing.

The price of Bitcoin (BTC) declined below $60,000 on April 17 after a strong rally throughout the past week in anticipation of the Coinbase public listing on Nasdaq.

However, after the COIN listing, which is the ticker of the Coinbase stock, the cryptocurrency market started to correct.

📷BTC/USDT 1-day price chart (Binance). Source: TradingView.com

An expected Bitcoin sell-the-news drop

Coinbase's public listing brought significant attention to the cryptocurrency market. It marked the first public listing of a major cryptocurrency exchange, leading to high institutional demand.

As a result, the cryptocurrency market rallied leading up to the listing with BTC price hitting new all-time highs above $64,00. However, it was almost expected to see Bitcoin and Ether (ETH) drop after the fact, considering the tendency of cryptocurrencies to sell off after a major event.

Another major factor that contributed to the drop in price was the relatively high funding rates for longing Bitcoin. This, alongside strong technical resistance at $64,000-$65,000 were the likely reasons that BTC tested $60,000 support after the hype around Coinase's listing began to fade. 

📷Bitcoin funding rates. Source: Bybt.com

Meanwhile, the $60,000 level is an important price point for Bitcoin because it took roughly a month for BTC to break out above it.

Hence, it is important for Bitcoin to hold the $60,000 area to maintain the bullish market structure heading into next week.

Traders predict what would likely come next

At the same time, cryptocurrency traders are mixed regarding where Bitcoin will go with its new weekly candle.

For instance, Cantering Clark, a popular cryptocurrency derivatives trader, said that the market isn't necessarily bullish nor bearish, based on options data.

📷The Bitcoin options market open interest is ranging. Source: Bybt.com

Instead, Clark noted that the options market trend shows that Bitcoin would likely see sideways actions, which would mean consolidation at around $60,000. He wrote:

"50k and 80k strikes highest contract/notional for $BTC I think these writers will be happy and I am still in the same opinion that the end of April - May begins the shift that makes Bitcoin a less favorable long. No breakout, just range and rotation."

In the long term, traders are still optimistic about Bitcoin. A pseudonymous trader known as "Crypto Capo" noted that based on historical trends, Bitcoin has broken out of a range that goes back 1,000 days.

The trader emphasized:

"Now some $BTC technical analysis. Bitcoin has broken out of an accumulation range of over 1000 days. This usually results in long extensions. Currently, the increase over the previous ATH is only 200%."

Source: Cointelegraph


SubDAO: We believe that an era of DAO lies right ahead.

If you cut off a spider’s head, it dies; if you cut off a starfish’s leg it grows a new one, and that leg can grow into an entirely new starfish. Traditional top-down organizations are like spiders, and distributed organizations are like starfish, having a strong ability to survive.

In today’s block-chain world, such starfish organization is known as DAO (Decentralized Autonomous Organization) which makes it possible for the old social system to go through earth-shattering changes. In DAO, the rules of management and operation are written on the blockchain in the form of a smart contract, according to which everyone acts in an open and fair way, thus realizing self-operation and “unstoppable” ability without centralized control and human intervention.

Since the failure of “the DAO” project in 2016, DAO has gone a long way, such as MakerDAO, Aragon, and MolochDAO, which are all based on Ethereum ecology. However, although we have witnessed the maturity and growth of the ecosystem, it is still in its infancy and it is too early to put it into operation on a large scale as it needs more time to evolve. With the maturity of Polka Ecology (Substrate framework is functioning increasingly perfectly, supporting one-click chaining) and compatibility (supporting cross-chaining), we have perceived the opportunity that DAO can further develop based on Polka.

There is a governance module in the Substrate framework. While creating a Runtime, the creator can freely choose to join this module, and its goal is self-evident: enable the Substrate chain to realize completely decentralized self-management. SubDAO Network (also known as Starfish Network) has different goals. The goal of SubDAO is to create a (1) cross-chain platform providing (2) general and customized functionalities to govern a DAO (3) connecting to DApp with the ability to (4) access off-chain external data. SubDAO enables organizations without major service chains to easily use cross-chain assets and cross-chain protocols to complete smart contract-based events, which is our initial assumption about SubDAO for Polka ecology.

Aragon has gone the extra mile for the standardized definition of DAO. We think that in the initial stage, SubDAO should realize several types of DAO templates of the simplest version, such as Fund Template, Parachain Slot Auction Template, and Voting Template, so as to design different templates by defining different types of events:

l Define creation rules (such as defining membership);

l Define voting rules;

l Define the rules and custody methods of fund pools;

l Define the budget process.

And in terms of user experience, it allows Polka users to create a DAO within “15 minutes”:

a. Select a template;

b. Select the organization name;

c. Set parameters for each template;

d. Submit the generated organization.

The early design version of SubDAO can realize the following (but not limited to) tasks and functions.

l A Polka parallel chain can realize simple fundraising through fundraising templates;

l A VC for Polka can use multiple currencies as a fund pool to complete multi-signing of the fund pool through the fund template and the investment proposal through voting, and use the fundraising DAO of the above-mentioned parallel chain to complete the token purchase. At the same time, the new tokens obtained can be guaranteed by the shareholder currency;

l An IPO-oriented fund can inject DOT and participate in the IPO voting process through the IPO template, and interact with the IPO module of the parallel chain. The DOT or parallel chain tokens obtained can be guaranteed by equity currency, and complete mortgage lending, currency stabilization, and other operations even through Acala or other parallel chains;

l A localized community (such as Polkaworld Community) can get donations supported by multiple parallel chains and go through the application and approval process of activity budget for different parallel chains.

To complete the above cases, we not only need to redesign the Ethereum products similar to Aragon, but need to design the special events of Polka:

l DAO needs to support event interaction with relay chain, and treasury, governance and society modules of other parallel chains, etc.;l

l DAO needs to support asset interaction with other parallel chains.

Although there are, of course, other aspects involving more technical planning of the SubDAO project, there is no need to describe them one by one in detail here.

The development of human society is undergoing a great change of decentralization. Perhaps this society will not be completely decentralized in the end, but at least centralization and decentralization will coexist. Organizations similar to DAO have cut a figure and made its way from Wikipedia to Skype in the traditional economy. The smart contract will become a milestone to the maturity and boom of DAO organization, just as Bitcoin has triggered a financial revolution. When DAO is mature enough to replace traditional organizations, there will be a major social change for us to embrace.

In that new society, people have the right and freedom to form organizations without centralization, borders, and government censorship. Everyone can freely put forward and decide their own needs, abide by and safeguard the rules of their own organization so as to build a more just and democratic society in which there are no sanctions or unreasonable instructions. The demands put forward by people or organizations, which will be displayed as a series of codes in the smart contract, can be voted and executed according to certain rules.

We believe that an era of DAO lies right ahead.


SubDAO: We believe that an era of DAO lies right ahead.

If you cut off a spider’s head, it dies; if you cut off a starfish’s leg it grows a new one, and that leg can grow into an entirely new starfish. Traditional top-down organizations are like spiders, and distributed organizations are like starfish, having a strong ability to survive.

In today’s block-chain world, such starfish organization is known as DAO (Decentralized Autonomous Organization) which makes it possible for the old social system to go through earth-shattering changes. In DAO, the rules of management and operation are written on the block chain in the form of smart contract, according to which everyone acts in an open and fair way, thus realizing self-operation and “unstoppable” ability without centralized control and human intervention.

Since the failure of “the DAO” project in 2016, DAO has gone a long way, such as MakerDAO, Aragon and MolochDAO, which are all based on Ethereum ecology. However, although we have witnessed the maturity and growth of the ecosystem, it is still in its infancy and it is too early put it into operation on a large scale as it needs more time to evolve. With the maturity of Polka Ecology (Substrate framework is functioning increasingly perfectly, supporting one-click chaining) and compatibility (supporting cross-chaining), we have perceived the opportunity that DAO can further develop based on Polka.

There is a governance module in Substrate framework. While creating a Runtime, the creator can freely choose to join this module, and its goal is self-evident: enable Substrate chain to realize completely-decentralized self-management. SubDAO Network (also known as Starfish Network) has different goals. The goal of SubDAO is to create a (1) cross-chain platform providing (2) general and customized functionalities to govern a DAO (3) connecting to DApp with the ability to (4) access off-chain external data. SubDAO enables organizations without major service chains to easily use cross-chain assets and cross-chain protocols to complete smart contract-based events, which is our initial assumption about SubDAO for Polka ecology.

Aragon has gone the extra mile for the standardized definition of DAO. We think that in the initial stage, SubDAO should realize several types of DAO templates of the simplest version, such as Fund Template, Parachain Slot Auction Template and Voting Template, so as to design different templates by defining different types of events:

l Define creation rules (such as defining membership);

l Define voting rules;

l Define the rules and custody methods of fund pools;

l Define the budget process.

And in terms of user experience, it allows Polka users to create a DAO within “15 minutes”:

a. Select a template;

b. Select the organization name;

c. Set parameters for each template;

d. Submit the generated organization.

The early design version of SubDAO can realize the following (but not limited to) tasks and functions.

l A Polka parallel chain can realize simple fundraising through fundraising templates;

l A VC for Polka can use multiple currencies as a fund pool to complete multi-signing of the fund pool through the fund template and the investment proposal through voting, and use the fundraising DAO of the above-mentioned parallel chain to complete the token purchase. At the same time, the new tokens obtained can be guaranteed by the shareholder currency;

l An IPO-oriented fund can inject DOT and participate in the IPO voting process through the IPO template, and interact with the IPO module of the parallel chain. The DOT or parallel chain tokens obtained can be guaranteed by equity currency, and complete mortgage lending, currency stabilization and other operations even through Acala or other parallel chains;

l A localized community (such as Polkaworld Community) can get donations supported by multiple parallel chains and go through the application and approval process of activity budget for different parallel chains.

To complete the above cases, we not only need to redesign the Ethereum products similar to Aragon, but need to design the special events of Polka:

l DAO needs to support event interaction with relay chain, and treasury, governance and society modules of other parallel chains, etc.;l

l DAO needs to support asset interaction with other parallel chains.

Although there are, of course, other aspects involving more technical planning of SubDAO project, there is no need to describe them one by one in detail here.

The development of human society is undergoing a great change of decentralization. Perhaps this society will not be completely decentralized in the end, but at least centralization and decentralization will coexist. Organizations similar to DAO have cut a figure and made its way from Wikipedia to Skype in traditional economy. Smart contract will become a milestone to the maturity and boom of DAO organization, just as Bitcoin has triggered a financial revolution. When DAO is mature enough to replace traditional organizations, there will be a major social change for us to embrace.

In that new society, people have the right and freedom to form organizations without centralization, borders and government censorship. Everyone can freely put forward and decide their own needs, abide by and safeguard the rules of their own organization so as to build a more just and democratic society in which there are no sanctions or unreasonable instructions. The demands put forward by people or organizations, which will be displayed as a series of codes in the smart contract, can be voted and executed according to certain rules.

We believe that an era of DAO lies right ahead.


[WTS] Seventy-one Poured JSB Pieces and this isn't even my final form...(45 different line items)

Verification - Verification - Verification - Verification

Additional transaction Details Below - All of these sales are separate from my website sales. These were made and accumulated over the last couple weeks - they are prototypes, or were made to take pictures for the website. I just don't want anyone to think I am or have been neglecting their orders. I am shipping all website orders up to and including 10028 on Monday with items from this sale.

To make a purchase - message or chat with the item number(s) and quantity you'd like to purchase, along with the payment method desired.

(Please let me know if you spot a mistake or discrepancy with the videos or pricing)

JSB Silver

Graphite Poured

Item 1 - JSB Three Bar Micro Mintage - 30.39 g combined weight - $60 for the Mintage

Item 2 - Rounded Corner Bar - 26.08 g - $33

Item 3 - Hand Poured Bar - 38.49 g - $48

Item 4 - Hand Poured Bar - 37.00 g - $47

Item 5 - Hand Poured Bar - 30.82 g - $39

Item 6 - Hand Poured Loaf Bar - 46.40 g - $59

Item 7 - Hand Poured Bar - 46.79 g - $59

Item 8 - Hand Poured Bar - 43.86 g - $56

Item 9 - Hand Poured Bar - 12.60 g - $16

Item 10 - Hand Poured Bar - 28.33 g - $36

Item 11 - Hand Poured Bar - 43.49 g - $56

Item 12 - Hand Poured Bar - 43.55 g - $56

Item 13 - Hammered Poured, Milled Bar - 25.92 g - $40

Item 14 - Hand Poured Round - 29.53 g - $37

Item 15 - Hand Poured Round - 27.40 g - $35

Item 16 - Hand Poured Round - 13.89 g - $18

Item 17 - Hand Poured Round - 11.74 g - $16

Item 18 - Hand Poured Round - 6.96 g - $10

Sand Cast - Cast item weights vary slightly, up to 0.1 ozt unless otherwise noted. Each item gets stamped or engraved with its actual weight

Item 19 - JSB "The Path" Bar - 1.67 ozt - $80 - This is a one of a kind bar. The path in life isn't a single straight line, sometimes you move around obstacles, sometimes you move right through them. You may find yourself walking on or intersecting with the same path you walked before. Other times you may need to jump to a completely new path to move forward. The lesson for me, just keep moving and forging your path.

Item 20 - JSB Vault Door - 1.7 ozt - $75

Item 21 - 3.2 ozt JSB Breaker Triple Kit Kat Bar - $128 each

Item 22 - 3.4 ozt JSB Breaker Triple Kit Kat Bar - $135 each

Item 23 - 1.8 ozt JSB Stay Clean Round - $75 each

Item 24 - (4) 0.5 ozt JSB Hexagon Honeycomb Stackers - $30 each

Item 25 - (4) 0.48 ozt JSB Hexagon Honeycomb Stackers - $28 each (The 0.48 prototype version doesn't say 0.5 ozt and has the edge engraved as 0.48 ozt)

Item 26 - (4) 2.6 ozt JSB Cast Vault/Kit Kat Bar - $100 each

Item 27 - (5) 0.25 ozt JSB Cast Vault/Kit Kat Bar - $13 each

Item 28 - (2) 1.1 ozt JSB Cola Cap - $50 each

Item 29 - "L" (from Death Note) Bar - 2.3 ozt - $92 each

Item 30 - Ippo (from Hajime no Ippo) - 3.6 ozt - $144 each

Item 31 - Valar Morghulis/Dohaeris Coin - 13 g - $25 each

Item 32 - Valar Morghulis/Dohaeris Coin - 14 g - $25 each

Item 33 - Mandalorian Mythosaur Bar - 2.4 ozt - $96 each

Item 34 - Mandalorian Mythosaur Round - 26 g - $40 each

Item 35 - Beskar Trade Dollar Prototype - 5.43 g - $10 each

Item 36 - Heavy Blaster Tested Beskar Bar - 10.3 ozt - $412 each

Item 37 - Lightsaber Prototype (Mark II) - 1.7 ozt - $65 each

Item 38 - Lightsaber Prototype (Final) - 1.8 ozt - $75 each

Item 39 - JSB Axe (Darius League of Legends) - 2.5 ozt - $100 each

Item 40 - Kingdom Key Keyblade - 1 ozt - $60 each

Item 41 - Chaos Blade - 24.58 g - $45 each

Item 42 - Cloud's Buster Sword Prototype (Blade is slightly incomplete at base) - 37.36 g - $55 each

Item 43 - Hammered Long, Flat Bar - 23.38 g - $32 each

Item 44 - (2) 1 ozt Hammered JSB Flat Kit Kat Bar - $42 each

Item 45 - (5) 0.7 ozt JSB Hammered Lil' Cutie - $35 each

Shipments on this sale will be USPS first class for $5 or priority for $8. Shipping Monday

Payment by PPFF, Zelle, Venmo, Bitcoin, and ETH (Crypto Preferred!)

Prices are subject to change at any time due to market fluctuations and in the event of a listing error or update.


Indyglo's current Signup Bonuses 💰

Here are 61 of my sign-up/referral links, categorized by type and are all current. I also listed small summaries about each on the bottom half of post. I am a customer of every damn one of the sites/apps I've listed so please comment or msg me if you have questions about any of them, want recommendations, etc.

Auto/Travel

Banks/Finance

Cash Back

Credit Cards

  • American Express - http://refer.amex.us/JOHNMJN7Q?XLINK=MYCP - Sign up using my referral and earn $300 back after you spend $3,000 in purchases on your new Blue Cash Preferred Card in your first 6 months of card membership. Plus, apply by 5/5/21 and earn up to $200 back on eligible purchases at select U.S. home furnishing stores (the following merchants will qualify: Anthropologie - Home & Furniture, Bed Bath & Beyond, CB2, Crate and Barrel, Crate and Kids, The Home Depot, Lowe’s, Terrain, and The Container Store.)
  • Capital One Venture - https://capital.one/33F9Sar - Sign up using my referral link and get 60,000 rewards miles (worth $600 when you redeem for travel).
  • Discover IT - https://refer.discover.com/s/ssjqfl - Sign up using my referral and you'll get $50 back for signing up for a Discover IT credit card and making any $1 or more purchase within 3 months.
  • SoFi Credit Card - https://www.sofi.com/invite/credit-card?gcp=70c8148e-bc31-480e-9a01-33b7ace2a1fb - Sign up using my referral and get 2x points (4% cash back) on all card purchases for 30 days.

Food/Nutrition

Games

Investing

  • Acorns - https://www.acorns.com/invite/EJLS85 - Get $5 when you use my link to open an account and make an investment.
  • eToro - https://etoro.tw/39w5dup Get $50 bonus when you open an account, transfer $100, make any crypto trade, and hold for one week.
  • Sofi Invest - https://www.sofi.com/share/invest/2500097 - Get $50 worth of your favorite stock to start building your portfolio when you fund your SoFi Active Invest account with at least $5,000. Get an additional $25 worth of bitcoin for buying $10 worth of bitcoin on SoFi Crypto.
  • Stash - https://get.stash.com/john_h88crts - Earn $20 of bonus stock when you join using my referral link and add cash to your personal investment or bank account.

Jobs

Shopping

Uncategorized

About These Apps/Services/Sites:

  • 23andMe offers two Personal Genetic Services: Health + Ancestry and Ancestry + Traits. Both services require submitting a saliva sample using their saliva collection kit that you send to the lab for analysis. 23andMe's Ancestry + Traits Service helps you understand who you are, where your DNA comes from and your family story.
  • Acorns merges the robo-advisor model with an automated savings tool, making it easier to build a nest egg. Besides the $5 they give you for signing up, they'll put your money in investments automatically which increase daily, monthly, yearly. You don't need to do anything. Invest as little or as much as you want, and they will put you in a position where your investment will grow.
  • American Express is a lucrative cash-back card for several spending categories. Your first year of $95 annual fee is waived, and offers up to an industry leading 6% cash back for select U.S. restaurants, streaming subscriptions, supermarkets, transit, gas stations and more.
  • Aspiration is an online financial institution offering a variety of accounts, with a focus on rewarding customers with cash back for purchases made from ethical companies. The money customers deposit through Aspiration is held at one of its partner banks, which offer FDIC insurance.
  • Befrugal is run by a bunch of cheap, thrifty, penny pinchers who believe that a dollar saved is two dollars earned. Find tens of thousands of coupons, deals, promotional codes and earn cash back for more than 5,000 retailers, including big retailers like Amazon, Target, and Walmart.
  • Capital One is a credit card company offering many different types with a variety of cash back bonuses and other benefits.
  • Chase Bank is the largest bank in the country and offers a robust menu of products and services. It provides mortgages, auto loans and one of the broadest selections of credit cards in the industry. And its website experience can compete with those at online-only banks that focus solely on checking and savings.
  • Comcast Xfinity is a consumer-facing internet and television brand. TV at home & on the go. Hulu on X1. Stream live sports. Advanced security. Move service stress-free. Millions of hotspots. Netflix on X1. Prime Video on X1. Services: Internet, TV, home security, mobile.
  • Discover IT is a credit card company which offers a cash back match at the end of your first year (no maximum), with no annual fee, 0% intro APR on purchases and balance transfers. Earn 5% cash back on everyday purchases (places vary each quarter) when you activate.
  • Doordash offers delivery & takeout from the best local restaurants. Breakfast, lunch, dinner and more, delivered safely to your door. Doordash offers pickup & no-contact delivery.
  • Dropbox is a cloud storage service that lets you save files online and sync them to your devices. You can use Dropbox links to share files and folders with other people without sending large attachments. Dropbox offers a free plan that includes 2GB of storage. You can pay to increase that to as much as 3TB with a subscription.
  • Duolingo Plus - Duolingo is the most popular language-learning platform and the most downloaded education app in the world, with more than 300 million users. The company's mission is to make education free, fun, and accessible to all. Duolingo is designed to feel like a game and scientifically proven to be effective. Upgrading your free Duolingo account to Duolingo Plus gives you an ad-free experience. ability to download lessons in the app for offline use and unlimited skill test-outs.
  • eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFD assets
  • Evernote Premium - Evernote is an app that allows you to work from anywhere, stay in sync from any device, no matter where you are—you can even access notes when you have no WiFi or mobile data access. Evernote Premium, the top tier, adds the most features, such as the ability to search for text in Office documents and PDFs, annotate PDFs, scan business cards and suggested notes and content from the web that are relevant to the note you're currently working on.
  • Fuel Rewards is a loyalty program that helps you save money on gas when you dine at participating restaurants and shop at participating grocers, local, and online merchants. Save at least 5¢/gal on every fill-up with Gold Status at Shell, and save more when you combine with other rewards (see https://www.fuelrewards.com/fuelrewards/how.html).
  • GivingAssistant is a company that gives you cash back and coupon codes when shopping via their online portal. When you purchase a product via the cash-back platform, the merchant pays a commission to Giving Assistant. Then, 50% of the commission is paid back to the customer (you) as an incentive. You can choose the nonprofit and also adjust the percentage they receive.
  • GNC is the largest global specialty retailer of nutritional products, including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products.
  • GoCashBack is a cash-back website allowing you to get up to 31% cash back at your favorite stores. Find cash back and browse coupon codes to save even more money at over 1,500 retailers. Use the GoCashBack app to check your cash-back status from anywhere and click through while on the go to save when you shop from your phone. You can even get cash back when you dine out locally or at special events.
  • Groupon, whose name combines "group" and "coupon", is a website and mobile app that offers coupons, cashback on purchases and group deals to consumers. Restaurants, retailers, and manufacturers use Groupon deals in an effort to lure customers into their establishments or to purchase their products.
  • Grubhub partners with restaurants in your area to offer delivery for ones that don't normally deliver, while also offering a convenient online ordering system for the ones that do. Everything is handled through Grubhub, giving customers the flexibility to sign into one place and order nearly anything.
  • Home Chef is a weekly subscription meal kit service. Customers receive orders with all the fresh ingredients you need to make restaurant quality recipes, designed by Home Chef chefs. Home Chef saves you the time of going to the grocery store, finding new recipes, meal planning, and portioning.
  • Honey is a browser extension that automatically finds and applies coupon codes at checkout with a single click. Honey supports over 30,000 stores globally
  • Houzz is an online platform for home remodeling, architecture, interior design, decorating, landscaping, and home improvement.
  • Ibotta is a free cash-back rewards and payments app that gives you real cash for everyday purchases when you shop and pay through the app. Ibotta provides thousands of ways for consumers to earn cash on their purchases by partnering with more than 1,500 brands and retailers.
  • Instacart lets you shop from local grocery stores online, then sends a “personal shopper” to fulfill and deliver your order to you the same day (or a future date/time of your choosing). Unlike other grocery delivery services, the company doesn't stockpile fresh produce in a massive warehouse.
  • Instacart Shopper - Earn extra money shopping for others. As a shopper, you go to the grocery store like normal, except you’re getting paid to shop for others. Work whenever it works for you. With no set hours or days, you can shop as much or as little as you want, anytime you want. Must be age 18+ and be able to lift 40lbs.
  • Invitation.Codes is a site/app where you can sign up for free and post your referral links/codes for all of the most up to date promotions that are out there at the moment. There's a great community vibe to it and it's a great way to meet other like-minds while learning about new products and signup/referral offers.
  • Lemoney is a cash-back site with 1800+ stores. Find the best deals, coupons, cash-back rates, promo codes, sales, and discounts at Lemoney. Shop with Turbo Cashback and boost your cash-back rate.
  • Lyft is a rideshare service that lets you call a driver and car to your location using the Lyft app who will drive you where you need to go.
  • Miles is a rewards app empowering anyone to earn miles automatically for all modes of transportation. The Miles app rewards you with miles - their version of points - for no matter how you get from point A to point B (whether you drive, walk, bike, ride the train). Redeem the miles you’ve earned for rewards, discounts, and deals from brands such as Amazon, Chewy, DoorDash, HP, Reebok, Home Chef and more.
  • Mr. Rebates is a shopping portal where you can do online shopping at online stores you love, and earn cash-back rebates on your purchases. They have an A+ rating from the BBB (Better Business Bureau), and you can earn as much as 30% back.
  • MyPoints is a daily rewards program – just like when you earn miles on an airline or cash back on a credit card. Flexible, you don’t have to stick with one store to earn Points, and you don’t have to take your rewards in just one form. They have many partners that our members can shop with and redeem from. You can also earn points by completing surveys, watching videos and more.
  • NatureBox is a snack subscription focused on providing healthier options to reduce stress and promote wellness. Their snacks are unique, delicious, and guilt-free. No artificial flavors, colors or sweeteners. No corn syrup of any kind. No hydrogenated oils. No MSG. Some newer offerings include a Wellness Collection of snacks containing adaptogens in their ingredients list, CBD Snacks infused with hemp, supplements, and coffee.
  • Postmates is an on-demand goods delivery platform having a presence in more than 100 metropolitan areas in the US that enables people to get anything from local restaurants and stores delivered at their doorstep for a small fee. Postmates delivers goods with the help of their human courier networks which enables people to order anything from anywhere within the city.
  • Privacy.com is an innovative way to protect your personal information over the internet. Are you feeling uncomfortable using your credit card online? Privacy.com has the perfect solution - it creates a virtual card that masks your bank statements for your online payments.
  • Raise is a money-saving website aimed at helping people buy and sell discounted gift cards.
  • Rakuten gets a commission from stores when you make a purchase, and shares it with you. Find the store on rakuten.com, click “Shop Now” and shop like normal on the store site. After you make an eligible purchase, you’ll earn cash back and get a check or PayPal payment every quarter.
  • RebatesMe makes it easy to save at the stores you love. Earn cash back while shopping online, get access to thousands of coupons, and get the best price on millions of products.
  • Shutterfly enables users to create personalized photo gifts (including photos and text) such as smartphone cases, photo books, wall art, and home decor. Through its Lifetouch division, it also provides portraiture services.
  • Skillz is the world’s premier tournament platform where mobile gamers can use their skills to compete for cash and prizes. True to its name, Skillz does not host games of chance, and all winnings are based on your ability. Games include Solitaire Cube, Blackout Bingo, 21 Blitz, Texas Holdem and many more
  • SoFi Invest allows users to buy and sell individual stocks as well as ETFs and select cryptocurrencies, offering innovative investment tools to help members get their money right at every stage of their financial lives.
  • SoFi Money is an all-in-one product that is a hybrid checking and savings account. There are no account fees or minimum balance requirements, so you can bank freely. Pay no ATM fees at 55,000+ ATMs worldwide. Because SoFi Money is all online, you deposit checks from your phone and pay bills online. You can also use SoFi Money to transfer and receive money, like paying the babysitter or covering your share of dinner when the bill comes — All cash in your account earns 0.25% APY, which is quite high and even beats traditional banks’ high-yield savings accounts. No fees, and offers interest rate reduction.
  • SoFi Personal Loan is a great option for borrowers who make a decent income and have good credit. There are no origination fees or late fees, and you won’t be penalized for paying your balance off early. They offer low rates, no fees, exclusive member benefits including access to career coaches and financial advisers, exclusive virtual events and more. Fixed personal loan rates range between 5.99% APR to 20.25% (with AutoPay).
  • SoFi Student Loan Refinancing offers student loan refinancing and private student loans. Its refinancing loan is best for borrowers who want plenty of benefits with their refinanced student loan. Its private loan is best for flexible repayment options and no fees. You can see if you qualify with NO HARD credit check.
  • Square is a popular service that allows you to buy, sell and send money using any Apple or Android mobile device. With three free mobile apps — Square Register, Square Wallet and Square Cash — Square is designed to help small businesses accept credit card payments and to help consumers transition to a cashless, cardless lifestyle.
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  • Uber is a rideshare company with an app that allows passengers to hail a ride and drivers to charge fares and get paid.
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  • Uber Eats is a food delivery platform that makes getting great food from your favorite local restaurants as easy as requesting a ride. Their app connects you with a broad range of local restaurants and food, so you can order from the full menus of your local favorites whenever you want.
  • Uniqlo is a Japanese casual wear brand for women, men, kids & babies, operating in 20 different countries. Uniqlo is known for providing high-quality, private-label casual-wear at low prices.
  • Venmo is a social payments service used by millions of people to make, receive and share payments with friends, family, and select approved businesses (without using cash or checks). It’s similar to PayPal, but is unique in that Venmo allows users to share and like payments and purchases through a social feed.
  • Volcom is a lifestyle brand that designs, markets, and distributes boardsports-oriented products.
  • Wayfair is an American e-commerce company that sells furniture and home-goods.
  • Wish is a shopping app for iPhone and Android that lets you order cheap goods online with major savings. Most items ship straight from China, and a growing number ship from the U.S. for faster delivery. You can even pick up select items locally in minutes.
  • Zogo is a FREE mobile app for kids and adults (age 13+) to learn financial literacy. Earn points towards gift cards to Amazon, Walmart, Starbucks and more by completing short, bite-sized modules. The many lessons include:
    • How to save money
    • Importance and best practices for a good credit score
    • How to minimize debt
    • How to successfully create and maintain a budget
    • Long-term investment strategies

Digibyte Price Prediction 2021, 2023, 2025

Summary : DGB is aimed to be at 5$ by 2022 ( 3000% )

What is Digibyte?

(In short : they tried a better version of Bitcoin)

DigiByte refers to an open source blockchain and an asset creation platform. Digibyte blockchain argues that other blockchains like Bitcoin and Ethereum are not secure or scalable enough. However, it asserts that it has a tested and proven solution quicker and safer than the rivals. Digibyte refers to a blockchain network established on three separate layers.

https://preview.redd.it/mpyojwewtst61.png?width=1166&format=png&auto=webp&s=c6eed67ccc3479365b5aa121250f5a81693ae891

When did DGB reach its all-time high?

DigiByte cryptocurrency reached its all-time high back in January 2018 after hitting $0.13 per DGB token. 

Where to buy DGB?

Similar to Bitcoin, DGB is mined using the proof-of-work mining algorithm. The blockchain makes mining decentralization possible through its five mining algorithms mentioned earlier than most ASIC-friendly digital assets. 

Apart from mining DGB through a DigiByte mining pool, most people are probably wondering where to buy DigiByte tokens. DGB is a freely-tradeable cryptocurrency, and it is available on a different cryptocurrency exchange. Trading pairs are available for other cryptocurrencies, stablecoins, and fiat currencies. Some of these cryptocurrency exchanges include Binance, OKEx, and Bilaxy. These platforms allow short-term investment through fiat currency using a credit card and debit card, bank transfer, or digital payment methods such as PayPal and Skrill. Purchased tokens can be stored in a DigiByte wallet.

DGB price prediction 2021 – 2024

Making price predictions in financial markets is not an easy task due to the massive volatility associated with the crypto market. Cryptocurrency prices tend to fluctuate unexpectedly without warning. A crypto enthusiast would be interested in some DGB crypto price prediction 2021 given by some top market experts and online technical analysts:

CoinFan DGB price forecast

According to CoinFan, DGB tokens’ value will increase gradually through 2021 to end the year trading at a market price of $0.242. Its prediction has a wide margin between the minimum and expected maximum price predictions making it hard to analyze. As such, it is advisable to use the minimum price prediction as a benchmark. 

Wallet Investor DGB prediction

Wallet Investor is a top cryptocurrency prediction portal. The website claims that DGB to be a lousy investment over a year for anybody looking forward to venturing into digital assets. According to the firm, DGB tokens will be retailing for $0.0683.

Digital Coin Price DigiByte forecast

According to the data shared by Digital Coin Price, DGB price will rise by 30 percent through 2021 and will trade at an average price of $0.09590036 in December this year. The cryptocurrency is expected to surge much higher; hence it will be a profitable venture through 2021. 

Crypto Gunther DGB forecast

According to Crypto Gunther, the DGB coin’s value will rise to $20 over the next few years, taking the total capitalization to $220 billion. This would rank DigiByte among the top cryptocurrency projects by market capitalization. 

DGB started the year 2021 trading at $0.02. The coin has rallied further upwards to trade at $0.0727 and will probably maintain the positive momentum. If that is the case, the DigiByte price is bound to close the year trading at $0.100. 

DigiByte price prediction 2025

Before moving further, this article is not investment advice. The DigiByte project is becoming more popular as days pass by. DigiByte is also known to participate in community initiatives actively. Suppose they continue making substantial strides in the market cap while stepping up their focus in their endeavors such as education, outreach, and innovation. In that case, DGB may rally past its current all-time high of $0.14 pretty soon. 

The adoption growth rate is expected to grow over the next five years. Thus, in the long-term setting, DGB is anticipated to gather momentum alongside other digital assets and hit a price of $1.00. Its consistent performance over the last couple of years gives it a stable foundation for more future gains. 

According to Wallet Investor, DGB price will gain by 43.17 percent over the next five years. As per the firm, the DGB is an excellent long-term investment and predicts that its price will reach $ 0.113 by Feb. 2026. 

Crypto Ground, another coin price prediction firm, predicts that DGB price will reach $0.0875 over the next five years.

Coin Liker has a more optimistic point of view when it comes to DGB price prediction 2025. The source expects DGB to reach $3.50 by December 2025. 

One of the chief reasons why the price of DGB is diminishing is its vast output. The circulating supply of the DGB token is over 14 billion, and the project is expected to release almost the same amount by 2035. Regardless of this, DigiByte boasts a very robust community and does not believe in its price’s short-term increase. The DigiByte community firmly upholds the DigiByte project and thinks that substantial accomplishments back its future success. DigiByte boasts a robust technical foundation, and it is already supported by more than 500 global firms and merchants. 

DGB future outlook: will DGB succeed?

DigiByte seems to be performing more amply compared to some other cryptocurrencies in the market. Although the digital currency suffered significant deficits during the March 2020 crash, it successfully recovered and has put in a strong foothold as others struggle to get back to where they were before the crash. DGB token has been among the top performers since the COVID-19-instigated market crash, and its future outlook is encouraging. 

Developments

Even though the team does not have a real roadmap, they have several development ideas under consideration. First of all, they are exploring a mining algorithm swap. The network currently utilizes five separate mining algorithms, and the developers are considering modifying one of them to decentralize mining even further. 

The main development goal on the list of agendas is the DigiByte team terms “Core 4.1.3”.The protocol’s successful development will allow users to create and run a smart contract on the DigiByte blockchain. This could be huge for DigiByte, and it will most probably drive the value of the virtual currency. 

Partnerships

DigiByte asserts that it is actively looking to collaborate with corporate organizations. If large companies were to adopt the DGB token, it would massively influence the Digibyte price. In 2018, the blockchain firm employed a public relations agency’s services to push its brand. This was a superb move and helped DigByte enter new partnerships.

In 2018, DigiByte partnered with Investa UK to integrate DGB tokens in its debit cards and ATMs worldwide. 

In July 2020, DigiByte revealed that it collaborated with Three Fold, accelerating decentralized peer-to-peer internet plans. As per the official announcement, the partnership between the two aimed to accomplish their shared vision of a world that would empower humanity.

Exchange listing

The DGB token is now supported by multiple top exchanges such as Binance, Coinbase, Bittrex, OKex, etc. These platforms support the trading of DGB tokens in cryptocurrency or fiat currency pairs. Although DGB has not attained the exchange ubiquity of top cryptocurrencies such as BTC and ETH, the token is now supported by over 55 crypto exchanges, excluding the multiple platforms that have chosen to apply its technology. 

Community

Community is perhaps DigiByte’s biggest strength. Its myriad members are very vocal on social media networks and regularly vote for DGB to get listed on exchange platforms. A DigiByte Awareness Team was initiated to serve as a community-driven outreach drive to boost the network. The objective is to foster the DigiByte network’s proliferation via education, meetings, holding events, and various other awareness-raising activities. 

Will DigiByte succeed?

The system for evaluating the value of a digital asset is yet to be leached out by investors. In reality, the average conventional investor is not aware of the availability of these tokens. As such, DigiByte presents an excellent opportunity for investors who think laterally. From a technological point of view, DigiByte is a code masterpiece. 

The DGB token is arguably the quickest, safest, and most safe blockchain existing. For this reason, the network provides boundless opportunities for individuals seeking to develop on top of the DigiByte network. At the moment, several developers are employing DigiByte’s technology, such as V-ID, Docusign, Digi-ID, and Digi-Assets, to develop decentralized applications with different applications. 

Precisely, Digi Assets could probably deliver immense value to DGB holders and the entire ecosystem. Users are required to give up a portion of DGB coins to issue a Digi-Asset. This forms a different use-case for DGB tokens in addition to just speculating. In 2017, Ethereum price massively gained because it was required to invest in initial coin offering ICOs. This is because there was a real-world application that forced people to acquire ETH tokens. 

Additionally, the DigiByte decentralized application is capable of running a smart contract similar to the Ethereum blockchain. Jared Tate has already expressed his desire to support solidity to attract more developers to build on the DGB blockchain. This will specifically play a vital role in the trajectory development of the network. 

Just like thousands of other blockchain projects, DigiByte price could eventually end up failing. Currently, there is not enough developer activity on the DigiByte blockchain, which is a big concern. Influential DGB community members and the DigiByte Foundation should put more effort into recruiting more developers into the network. 

Overall, DigiByte is a promising blockchain project because it epitomizes the characteristics of true decentralization. Compared to other projects, DGB keeps a weather eye on blockchain development and advocates for adoption. Surprisingly, its native token has not performed better in the market. 

What value will DGB reach? (eg $1, $10, or $100)

DGB price forecasting is not straightforward. DGB has always been among the top 100 cryptocurrencies on Coinmarket cap. The token is traded globally and boasts an international pool of investors. Altcoins within the top 100 usually attract a lot of investors, and DigiByte is not an exception. Its value is likely to be driven by both institutional and retail investors in the future. 

Taking into account the massive yearly inflation rate of over 11 percent and the colossal supply of 21 billion DGB tokens, it will be an extraordinary and groundbreaking rally for DigiByte coin price to hit $1. The crypto should add over 70 folds of its current market price, and to do this, it has to take out or match the Bitcoin price movement.

DGB Digibyte price future forecast

The future looks bright for DigiByte if they can make new collaborations, incorporate smart contracts in decentralized apps and step up their marketing. For instance, in July 2020, the Republic Protocol revealed its plan to car wrap DigiByte’s DGB token to renDGB to empower Ethereum and DeFi protocols Interoperability This would massively drive the DGB token price to new levels. On the contrary, expect the price to dwindle if DigiByte does not intensify this. 

DigiByte price

DigiByte’s primary goal is to provide the crypto community and even financial institutions with a new and more secure means of settlement. DigiByte transactions are fast and it is one of the safest cryptocurrencies. The DGB team will aid in linking these financial institutions with tech gurus digital asset users globally. DigiByte blocks were designed as a flexible, secure, and adaptable infrastructure that will introduce fresh features and services to the blockchain industry.

Similar to other altcoins like Dash coin, DGB cryptocurrency has seen a bullish change in its price action since last year. DGB underwent a bullish divergence ever since it reached a low of $0.0030 back in March. The digital currency has since recovered and surged to its current price at $0.070 and seeing lesser fluctuations. Currently, the crypto asset boasts a 24-hour trading volume of $52,147,626.33. Dash price is currently $202.7.

It is advisable to study the market well before making an investment to avoid losses. There are many online coin price predictions like this DigiByte prediction to help you make informed decisions. Notably, remember to safely store your DGB tokens in a secure hardware wallet instead of crypto exchange wallets and this article is not financial advice. 

Wrap up/FAQ

Can DGB be mined using a CPU for a short term investment?

Currently, DGB cannot be mined on a CPU nor a mobile phone, or a laptop. It can either be mined using a desktop GPU or first-generation ASICs. 

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.


A bit of crypto history, and the origins of HODL

The 2013/2014 crypto cycle, was engaging, it was like a soap opera on steroids.

You binge watched the charts realtime, bitcoinity had animated gifs, for every 100$ reached, and the chase on the mysteriously Satoshi Nakamoto was on.

The father of crypto

We may not know who the mysteriously Satoshi Nakamoto is, even though there have been several failed high profile attempts to unveil his identity. Including a 2014 hit piece from newsweek https://www.newsweek.com/2014/03/14/face-behind-bitcoin-247957.html

that a day after resulted in almost live updated coverage, of Dorian Satoshi Nakamoto, being chased in his car by loads of journalists, while doing an interview with a journalist from Associated Press. https://www.latimes.com/business/technology/la-fi-tn-bitcoin-founder-la-chased-20140306-story.html

A year before that, another historical event took place.

The original HODL'er.

Bitcoin talk was the place to be if you wanted a head start, mining new crypto currency projects, and talking with like minded people about crypto.

A day in december 2013, user GameKyuubi posted an entry titled “I AM HODLING” on the forum bitcoin talk.

Here is the post:

I AM HODLING

"I type d that tyitle twice because I knew it was wrong the first time.  Still wrong.  w/e.  GF's out at a lesbian bar, BTC crashing WHY AM I HOLDING? I'LL TELL YOU WHY.  It's because I'm a bad trader and I KNOW I'M A BAD TRADER.  Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.  Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY'RE DOING buy back in but you know what?  I'm not part of that group.  When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~!  Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT.  NO SHIT I SHOULD HAVE SOLD.  I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU.  You only sell in a bear market if you are a good day trader or an illusioned noob.  The people inbetween hold.  In a zero-sum game such as this, traders can only take your money if you sell."

"so i've had some whiskey
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)"

He was right! The rest is history.

Keep in HODLing <3


Blockchain-based eSDR to address liquidity shortage in 2017

https://news.8btc.com/blockchain-based-esdr-to-address-liquidity-shortage-in-2017

Blockchain-based eSDR to address liquidity shortage in 2017

DEC 28, 2016, 17:54by RED LIin BLOCKCHAIN 9 47 45606

Yao Yudong, ex-director of PBOC Research Institute, delivered a keynote speech in the 2016 China Shenzhen Fintech Summit, proposing an electronic Special Drawing Rights (eSDR) system based on blockchain technology to mitigate the liquidity shortage problem in 2017. His speech was titled: To issue eSDR to build a new type of super-sovereign cross-border payment settlement system.

📷

Yao Yudong ex-director of PBOC Research Institute

A Global Central Bank with eSDR as universal currency
Yao explained the idea of eSDR and its issuance mechanism:

Under the joint efforts of the IMF and the member states, we can explores the prototype of the “global central bank” mechanism and attempts to innovate a digital monetary system, namely eSDR.
First of all, the decentralized issuance of eSDR is pegged with global economic growth and inflation level. the realization of which depends on algorithm, spontaneous running of nodes and terminals. The supply of eSDR is constrained by international rules.

Support of this comes from the IMF Charter Article 18:Allocation and Cancellation of Special Drawing Rights

Section 1. Principles and considerations governing allocation and cancellation
(a) In all its decisions with respect to the allocation and cancellation of special drawing rights the Fund shall seek to meet the long-term global need, as and when it arises, to supplement existing reserve assets in such manner as will promote the attainment of its purposes and will avoid economic stagnation and deflation as well as excess demand and inflation in the world.
Secondly, to build an international currency credit consensus mechanism via an open and transparent rules for smart currency.
Thirdly, the system shall be maintained by the various participants. Financial institutions, central banks, even non-financial enterprises and residents can be gradually incorporated into the system.

Obviously, the support of eSDR is to foster an opponent against US dollars, or at least weaken its influence.
According to the IMF, the creation and universal distribution of SDR is based on complementing the long-term global needs. Historically, there are only 3 allocation of SDR. The first allocation or 9.3 billion SDR was appropriated in 1970-1972. The second allocation or 12.1 billion SDR was appropriated in 1979-1981. The third one or 161.2 billion SDR was carried out in August 2009. It’s worth noting that the 2009 distribution played a key role in providing liquidity to the global economic system and complementing the official reserves of member countries during the global financial crisis.

He also voiced his concern for 2017:

With the end of QE by Japan Central Bank and European Central Bank in 2017, the global liquidity shortage may become a pressing issue. It’s worth trying to issue eSDR to supplement the global liquidity deficiency. As SDR do not enter the market circulation, the exchange rate is not credible. Compared with the SDR, eSDR should try to extend applications beyond the reserve function, like payment, financial transactions pricing. For example, some particular countries may be allowed to issue eSDR-denominated bonds.

The Research Institute of PBOC is a bureau-level research institution under the direct leadership of the head office of the People’s Bank of China. It mainly focus on the research of monetary policy theory, financial and economic development strategy and financial science, providing theoretical basis and research materials for the head office to formulate monetary policy, offering reference for decision-making and financial system reform.
Basically, it’s the brain of PBOC.
It’s not the first time that Yao proposed the idea of eSDR. He mentioned it via an op-ed article last November.

Why do Chinese Authority Support SDR?
On 7th November, the PBOC data indicates that China’s foreign exchange reserves dropped 45.727 billion US dollars in October to 3.1207 trillion US dollars, the lowest since the end of 2011. The tricky part is that if measured by SDR, the foreign currency reserve of China increases 2.984 billion SDR to 2,271469 trillion SDR in October.

📷

China Foreign Currency Reserves by USD and SDR (January t0 March 2016) source: PBOC

As pointed out by Liang Haiming, a thinktank scholar in China:

“The People’s Bank of China has chosen to release foreign exchange reserve data denominated in US dollars and SDRs simultaneously for two reaons. The first is to eliminate the international community’s misunderstanding of China’s foreign exchange reserves and the drastic fall of the RMB exchange rate; on the other hand, it hopes to weaken the dominant position of USD in order to reduce its influence to the international financial markets.”

Then he elaborates the advantage of blockchain-based eSDR:

Blockchain-based eSDR has three major advantages: First of all, the fluctuation-proof feature of SDR remains unchanged. Countries that adopts SDR as the primary settlement means instead of USD may dodge the risk like exchange rate fluctuations, credit crisis, devaluation crisis and the risk arising from the US’s attempt to shift financial crisis. Secondly, eSDR based on the blockchain technology provides a strong support of trust with the “decentralized authentication mechanism”, which requires no union to guarantee its immutability. Thirdly, the eSDR can be decentralized so that the payer and the payee can trade directly on peer-to-peer financial networks, excluding third-party interventions and blockages.

He is also of the opinion that RMB will become a international safe-haven currency in the future.

Bitcoin dilemma
At the end of the speech, Yao also pointed the dilemma of Bitcoin:

According to our common research, the dilemma of digital currency – Bitcoin is being stashed, rather than being traded. If no one use the digital currency, its value is low. If too many people use it, the price will rise. People will expect the price to rise and store them. If I pay you one Bitcoin, who else is going to pay me one Bitcoin?

To summarize, the PBOC is exploring a global currency based on blockchain technology to weaken the status of US dollars. Such system could be backed by member countries. Bitcoin is trapped by its own dilemma and therefore not important.

It is a long way to go before the eSDR alliance could be formed before major hurdles like agreement on creation and allocation of eSDR are overcame. But Chinese are fast to learn and adopt. Shenzhen plans to the first city in China to embrace digital currency.

esdr(0)Four Factors to Impact Yuan’s Value and Bitcoin Price in 2017Blockchain Technology Included in China’s National Strategy Document📷Red Li

Learn cryptocurrency and digital assets since 2013 and co-founder of 8btc in 2014. Co-author of 2014-2015 Digital Currency Development Report(2015) and first author of Investment Guidelines To Blockchain Digital Currency (Published in June 2017 ISBN:9787300239286).

COMMENTS(47)

  • 📷4 YEARS AGORed Li
    Blockchain-based eSDR to address liquidity shortage in 2017 | http://NEWS.8BTC.COM  http://news.8btc.com/blockchain-based-esdr-to-address-liquidity-shortage-in-2017 …
    (0)
  • 📷4 YEARS AGOhl5460
    Yao Yudong, ex-director of PBOC Research Institute, delivered a keynote speech in the 2016 China Shenzhen Fintech Summit, proposing an electronic Special Drawing Rights (eSDR) system based on blockchain technology to mitigate the liquidity shortage problem in 2017. His speech was titled: To issue eSDR to build a new type of super-sovereign cross-border payment settlement system.http://news.8btc.com/blockchain-based-esdr-to-address-liquidity-shortage-in-2017
    (0)
  • 📷4 YEARS AGOXester
    That is actually a good idea but we all know that allied countries will not favor that. The United States of America will be the number one to go against that. They will not allow that the US dollars will not be on top and they will do anything just to stay at the top of the financial and economic system. I am not very sure how does the system you mentioned works since the link that you gave cannot be opened, hope I can read it to give sufficient and knowledge based opinion on this matter.
    (0)
  • 📷4 YEARS AGO8btccom
    May I ask where are you based? We are trying to improve our server response.
    (0)
    • 📷4 YEARS AGObushwacker
      Phillipines
      (0)
    • 📷4 YEARS AGObushwacker
      I just tried again, this time it worked.
      (0)
      • 📷4 YEARS AGO8btccom
        Thanks for pointing out. We had some syncing problem.
        (0)
  • 📷4 YEARS AGOyayayo
    Quote from: hl5460 on December 29, 2016, 01:53:31 AM
    Yao Yudong, ex-director of PBOC Research Institute, delivered a keynote speech in the 2016 China Shenzhen Fintech Summit, proposing an electronic Special Drawing Rights (eSDR) system based on blockchain technology to mitigate the liquidity shortage problem in 2017. His speech was titled: To issue eSDR to build a new type of super-sovereign cross-border payment settlement system.http://news.8btc.com/blockchain-based-esdr-to-address-liquidity-shortage-in-2017
    Well, it would be much easier for them to just use Bitcoin for all international payments. But as always, statists need to prove their relevance… Actually, if the central banks of BRICS would buy Bitcoin and promote its use for national and international trade, the dominance of the USD would vanish in no time. Because of the first-mover advantage and the resulting increase in BTC value such a move would be highly beneficial for them. Not mentioning the possible savings by ceasing the issuance of national currencies…ya.ya.yo!
    (0)
  • 📷4 YEARS AGOfranky1
    Quote from: yayayo on December 29, 2016, 03:32:27 PM
    Well, it would be much easier for them to just use Bitcoin for all international payments. But as always, statists need to prove their relevance… Actually, if the central banks of BRICS would buy Bitcoin and promote its use for national and international trade, the dominance of the USD would vanish in no time. Because of the first-mover advantage and the resulting increase in BTC value such a move would be highly beneficial for them. Not mentioning the possible savings by ceasing the issuance of national currencies…ya.ya.yo!
    you have to accept that banks are not going to move over to bitcoin.but what you should also accept is that bitcoin SHOULD NOT move over to banks.bitcoin should remain open and borderless as a free choice against the bankers.but it seems all your rhetoric is about a fiat valuation so you can run back to fiat one day.
    (0)
  • 📷4 YEARS AGOyayayo
    Quote from: franky1 on December 29, 2016, 03:43:00 PM
    Quote from: yayayo on December 29, 2016, 03:32:27 PM
    Well, it would be much easier for them to just use Bitcoin for all international payments. But as always, statists need to prove their relevance… Actually, if the central banks of BRICS would buy Bitcoin and promote its use for national and international trade, the dominance of the USD would vanish in no time. Because of the first-mover advantage and the resulting increase in BTC value such a move would be highly beneficial for them. Not mentioning the possible savings by ceasing the issuance of national currencies…ya.ya.yo!
    you have to accept that banks are not going to move over to bitcoin.but what you should also accept is that bitcoin SHOULD NOT move over to banks.bitcoin should remain open and borderless as a free choice against the bankers.but it seems all your rhetoric is about a fiat valuation so you can run back to fiat one day.
    Hey franky, how’s UnlimitedCoin doing? It’s always funny to read your attempts to misinterpret and contort statements and facts. You definitely have some talent here (Roger Ver will certainly be proud of you).As always: None of your conclusions is correct. I neither hope for banks to move over to Bitcoin, nor do I hope that Bitcoin should move over to banks. In fact I’m extremely anti-fiat. It’s impossible that you are unaware of this, because I frequently criticize for-fiat-traders and (affiliates of) bankers.ya.ya.yo!
    (0)
  • 📷4 YEARS AGOfranky1
    Quote from: yayayo on December 29, 2016, 03:57:40 PM
    Quote from: franky1 on December 29, 2016, 03:43:00 PM
    Quote from: yayayo on December 29, 2016, 03:32:27 PM
    Well, it would be much easier for them to just use Bitcoin for all international payments. But as always, statists need to prove their relevance… Actually, if the central banks of BRICS would buy Bitcoin and promote its use for national and international trade, the dominance of the USD would vanish in no time. Because of the first-mover advantage and the resulting increase in BTC value such a move would be highly beneficial for them. Not mentioning the possible savings by ceasing the issuance of national currencies…ya.ya.yo!
    you have to accept that banks are not going to move over to bitcoin.but what you should also accept is that bitcoin SHOULD NOT move over to banks.bitcoin should remain open and borderless as a free choice against the bankers.but it seems all your rhetoric is about a fiat valuation so you can run back to fiat one day.
    Hey franky, how’s UnlimitedCoin doing? It’s always funny to read your attempts to misinterpret and contort statements and facts. You definitely have some talent here (Roger Ver will certainly be proud of you).As always: None of your conclusions is correct. I neither hope for banks to move over to Bitcoin, nor do I hope that Bitcoin should move over to banks. In fact I’m extremely anti-fiat. It’s impossible that you are unaware of this, because I frequently criticize for-fiat-traders and (affiliates of) bankers.ya.ya.yo!
    your obsession about btc value entertains me.. exactly how do you define value.. oh wait. your going to tell me a surge in the.. ‘dollar’ value..lolthe funny part is i have never ever seen you talking about cost of living, or any other measure thats not dollar derived.but i have seen you many times want bitcoin to be centralised, commercialised and government/bank accepted to cause a fiat rise so you can make fiat profit when you exit bitcoin.
    (0)
  • 📷4 YEARS AGOyayayo
    Quote from: franky1 on December 29, 2016, 04:04:39 PM
    your obsession about btc value entertains me.. exactly how do you define value.. oh wait. your going to tell me a surge in the.. ‘dollar’ value..lolthe funny part is i have never ever seen you talking about cost of living, or any other measure thats not dollar derived.but i have seen you many times want bitcoin to be centralised, commercialised and government/bank accepted to cause a fiat rise so you can make fiat profit when you exit bitcoin.
    Again, the exact opposite is true. I’ve made multiple posts about inflation related topics and criticized other users for being attached to fiat money. I’m frequently talking about precious metals as well.Franky, you have proven to be a truly professional troll.Welcome to my ignore list.I think you deserve negative feedback for defamation as well. But I have to think about this a bit more, because there’s a high probability that your sick mind would interpret negative feedback as acclamation… ya.ya.yo!
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  • 📷4 YEARS AGOfranky1
    Quote from: yayayo on December 29, 2016, 04:34:53 PM
    Quote from: franky1 on December 29, 2016, 04:04:39 PM
    your obsession about btc value entertains me.. exactly how do you define value.. oh wait. your going to tell me a surge in the.. ‘dollar’ value..lolthe funny part is i have never ever seen you talking about cost of living, or any other measure thats not dollar derived.but i have seen you many times want bitcoin to be centralised, commercialised and government/bank accepted to cause a fiat rise so you can make fiat profit when you exit bitcoin.
    Again, the exact opposite is true. I’ve made multiple posts about inflation related topics and criticized other users for being attached to fiat money. I’m frequently talking about precious metals as well.Franky, you have proven to be a truly professional troll.Welcome to my ignore list.I think you deserve negative feedback for defamation as well. But I have to think about this a bit more, because there’s a high probability that you’re sick mind would interpret negative feedback as acclamation… ya.ya.yo!
    defamation?firstly there is no person with a birth certificate of yayaya to be defamedsecondly you have no reputation to taint. your pseudonym has tainted its own reputation oftenthirdly it would be more wise you do some research and have an independent thought now and again because most of your rhetoric sounds like your just spoonfed by blockstreamersfourthly the more people that you ignore for having an independent mindset, will just leave you only talking to blockstreamers and just circle jerking the same false ideologies thinking your correct because your circle jerking club all are spoonfed from the same bowl.but have a nice day
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  • 📷4 YEARS AGOleopard2
    I have suggested such a thing years ago; but why reinvent the wheel?–>it exists already, it is called “Bitcoin” 
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  • 📷4 YEARS AGOfranky1
    Quote from: leopard2 on December 29, 2016, 04:45:18 PM
    I have suggested such a thing years ago; but why reinvent the wheel?–>it exists already, it is called “Bitcoin”  
    the PBOC are government banks.. bitcoin should stay well clear from themgovernments want taxes and banks want fee’s and debt to then charge more fees onbitcoin should stay well clear from that.however normal people.. the 7 billion people not working in a government position of power should have the freedom to use any currency they please.if this means bitcoin then great.let the commercial banks dry up and drop out. let the governments sack their leather seat lobbyists and lucratively paid expenses syphoning bureaucrats. so that any government taxes go back to a lean and clean public service allocation, once they have killed off the dead weight in response to a drop in tax income due to non national trade.but lets not let governments/banks become the international holders of the IMF super power LN hub. dominating and hoarding all the coins.keep bitcoin open and free of control, and leave governments to do their thing
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  • 📷4 YEARS AGOfranky1
    Quote from: Xester on December 29, 2016, 03:10:46 AM
    That is actually a good idea but we all know that allied countries will not favor that. The United States of America will be the number one to go against that. They will not allow that the US dollars will not be on top and they will do anything just to stay at the top of the financial and economic system. I am not very sure how does the system you mentioned works since the link that you gave cannot be opened, hope I can read it to give sufficient and knowledge based opinion on this matter.
    part of loosening the grip of the dollar is by china being part of BRIC’s* where several countries join together to have their own pricing arrangement away from the dollar*BrazilRussiaIndiaChinaofcourse the IMF are still top of the financial pyramid but it has become widely known that the IMF is moving away from the dollar as the dollar is losing power.as for blockchain based info.. this will be part of hyperledger. and not related to using bitcoinas for america’s reaction..well forget syria, forget russia.. trump is obviously got his sights set on china.. just look at his pre election speaches and obsession about the word china.look at the american ‘patriots’ on this forum who are obvious trump supports shouting and crying about china’s dominance of bitcoin.its obvious the propaganda machine of fox news will start pushing for support to go to war with china for any little reason they can findin the early 2000’s america got saudi arabia onboard. they are now getting russia onboard (yea forget the fox news spit for spat against russia), america loves russia and gives them billions to help nasa..whats gonna happen next is after the saudi landgrab of UAE, syria, lybia is over.. america along with their new allies and this will include australia. uk france saudi, etc will start in the mongolia region of china and then move east while also attacking from the oceans on the east heading west to flank on both fronts.
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  • 📷4 YEARS AGORaymond Aitken
    A Global Central Bank with eSDR as universal currency – u/itmtrading_zang suspicions may prove right http://news.8btc.com/blockchain-based-esdr-to-address-liquidity-shortage-in-2017 … cc @Smaulgldpic.twitter.com/6VSxX5aJ5j
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  • 📷4 YEARS AGORaymond Aitken
    Here is cross-reference to previous dialogue:https://twitter.com/raymondaitken/status/899058184199049216 …
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  • 📷4 YEARS AGORaymond Aitken
    eSDR needed to maintain financial market liquidity when QE ends http://news.8btc.com/blockchain-based-esdr-to-address-liquidity-shortage-in-2017 … cc @vijinho @DerorCurrencypic.twitter.com/dDBhmogM3s
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  • 📷4 YEARS AGORaymond Aitken
    3 purported advantages of an eSDR http://news.8btc.com/blockchain-based-esdr-to-address-liquidity-shortage-in-2017 …pic.twitter.com/phOIjbxdR3
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  • 📷4 YEARS AGORaymond Aitken
    Corroboration by REUTERS from 2 years ago – IMF’s Special Drawing Rights should go digital http://uk.reuters.com/article/uk-china-currency-sdr-idUKKCN0T60HZ20151117 …pic.twitter.com/CQW6CfGrht
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  • 📷4 YEARS AGORaymond Aitken
    Here is the original 2015 paper by Yao Yudong, People’s Bank of China (Central Bank) http://www.lbma.org.uk/assets/events/BMF2015/yao1.pdf …pic.twitter.com/QC6DZ1T9FP
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  • 📷4 YEARS AGOSmaulgld
    Common sense that the interbank SDR trading be facilted by block chain- has NOTHING to do with changing the composition to digitized assets
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  • 📷4 YEARS AGOSmaulgld
    Indeed, in any crisis, dollar shortage, etc the IMF may issue MORE SDRs, Again nothing to do with acchain ICO
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  • 📷4 YEARS AGOSmaulgld
    Wrong-SDR in current form ALWAYS been considered as a subsitute for US dollar as reserves currency- NEVER a Chinese ICO that digitizes tea
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  • 📷2 YEARS AGODigitalNomadInvestor
    “A Global Central Bank with eSDR as universal currency”
    https://news.8btc.com/blockchain-based-esdr-to-address-liquidity-shortage-in-2017 …pic.twitter.com/yY99B9uaKv
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  • 📷2 YEARS AGOKenny_SDR_Rogers
    I’m on your level
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  • 📷2 YEARS AGOXareP
    eSDR -> XRP liquidity
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  • 📷2 YEARS AGOFazzyfocus
    and the article ends with the dilema of BTC. nothing to say that eSDR cannot be backed with stablecoins/pegged currencies which with the requirement for stability and not volatility would be more likely to begin with.
    When crypto matures and stabilises? different story.
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  • 📷2 YEARS AGO8BTCnews
    Report: Just 1 Percent of #Bitcoin Transactions Involve Illicit Dark Web Activityhttps://news.8btc.com/report-just-1-percent-of-bitcoin-transactions-involve-illicit-dark-web-activity …
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  • 📷2 YEARS AGOGanesh Hiremath
    Leaked IMF Whitepaper of eSDR – Revealed Cross Border Payments is 22 Trillion dollar problem. And see how eSDR can help mitigate that…download it before its taken out.
    https://www.ecurrency.net/media/document/201905/eCurrency%20eSDR%20white%20paper%20052019.pdf …
    https://news.8btc.com/blockchain-based-esdr-to-address-liquidity-shortage-in-2017 …pic.twitter.com/snu6ziMCif
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  • 📷2 YEARS AGOGanesh Hiremath
    And also this one…https://www.itu.int/en/ITU-T/Workshops-and-Seminars/dfc/201710/Documents/1.%20S4.Dharmapalan.pdf …
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  • 📷2 YEARS AGOJohn Wick
    Thank you.pic.twitter.com/n90lXWDIls
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  • 📷2 YEARS AGOTheGoodWitch
    Scarily large numbers
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  • 📷2 YEARS AGO
    pic.twitter.com/tkzpLZ9hIb
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  • 📷2 YEARS AGOR
    A very nice little find…
    u/Hodor
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  • 📷2 YEARS AGOCrypto_de_Lux(embourg)
    u/digitalassetbuy u/DeutschlandXrp
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  • 📷2 YEARS AGOXRP BENDER
    Now we can only hope they some how tie the esdr to xrp which drives the price sky high?pic.twitter.com/dcSmmUSYfB
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  • 📷2 YEARS AGOXRP BENDER
    #XRP only about 1.1% of volume needed, but we will achieve much more I believe..pic.twitter.com/4eyd5HOoC2
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  • 📷2 YEARS AGOJ
    All what people what to know if it’s tie to ripple or xrp
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  • 📷2 YEARS AGOPatientlyWaiting.
    It’s by ecurrency, the same people that called XRP a supranational currency. Not linked to IMF, CBs etc, just a company pushing their own solutions.
    https://www.ecurrency.net/ 
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  • 📷2 YEARS AGOWill I am
    Its the only real time settlement with liquidity, thats why the price is stable for now. …
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  • 📷2 YEARS AGOTheRedShoesGuy
    What does this mean u/MikeNardolillo ? Illuminate us!
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  • 📷2 YEARS AGOThe Cryptos View
    pic.twitter.com/OriMpTGDyC
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  • 📷2 YEARS AGOThe Crypto Ginger
    The day the price of $XRP hit $589….pic.twitter.com/AIx4JDhEIx
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  • 📷2 YEARS AGOVinent he
    Chinese Crypto Miner Maker Didn’t Compensate Dealers for Delayed Deliveryhttps://news.8btc.com/chinese-crypto-miner-maker-didnt-compensate-dealers-for-delayed-delivery …
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  • 📷2 YEARS AGOEric Vail-Naylor aka(MR. COOL DAD-E)
    Great older article