WEEKLY Sentiments on r/CC and Top 10 picks!

The top 10 list for Weekly sentiments: (Sep 20 - Sep 27)

Rank	Crypto	Bearish %	Bullish %	Reliability %	Change 7D%
1	BTC	8.7	13.7	17.8	🔻 -3.51
2	ETH	6.5	15.1	24.5	🔻 -2.59
3	ADA	7.0	17.1	23.7	🌿 2.91
4	ALGO	4.3	18.1	32.3	🔻 -1.79
5	LINK	4.4	19.2	33.3	🔻 -4.66
6	ONE	3.4	22.7	34.2	🌿 +16.32
7	DOT	3.7	15.4	28.9	🔻 -6.04
8	XRP	4.4	13.5	24.2	🔻 -2.23
9	ATOM	5.0	11.4	18.1	🔻 -4.70
10	XLM	5.2	14.8	24.9	🔻 -6.32

Weekly summary:

• Last week has the least amount of posts and comments in previous 3 months with daily posts averaging less than 600.
• BTC is back the lead as the market is slowly recovering from recent Evergrande situation, however, the market is still in red 🏮 but the sentiments are bullish for BTC.
• ETH is now at 2nd spot, still in red from last week, however is significantly bullish in sentiments since last week.
• ADA at 3rd spot, its also the only coin in top 10 by market cap that's in green 🌿 since the last week.
• ALGO now at 4th spots still on 🔥 for the positive sentiments even after a slight weekly downtrend🔻.
• LINK now has 5th spot and looking massively bullish 🐂 on sentiments, however is also following a downtrend since last week.
• Harmony ONE is has taken 6th spot on this sub's sentiments and its outperforming market this week as the profits are at 🌿 🤑+16.32%. Its making money for its investors.
• DOT is at 7th spot as the mentions and sentiments are bullish.
• XRP is back to the list at 8th spot and the sentiments of the sub are turning positive (bullish🐂) for it.
• ATOM is showing reduction in bullish sentiments🔻since last week and now is at 9th spot.
• XLM is getting its name listed in top 10 again, mostly due to transfers and low fees events, however, the sub seems bullish for XLM as usual.
• Overall, the market is back in red🔻. Sentiments are bullish 🐂 as always, and posts and comments are decreasing, could due to the market events and 50 comments limit. However, overall two coins in this list are outperforming the market, which seems like a positive sign.

Low cap mentions

• Moons : Moons are the most mentioned low-cap coin on this sub.
• LTO : LTO Network is another low cap that's been mentioned on this sub recently. it's ranked #460 by market cap.
• Low cap coins are high reward/ high risk investments. Therefore, always DYOR before investment.

Fun Facts:

HODL is one of the most peculiar cryptocurrency jargon terms. It was coined by a Bitcoin enthusiast who responded to the so-called crypto experts who mocked him for not selling his coins. On the forum, he wrote: “I AM HODLING.” The typo is an acronym for “hold on for dear life.”

How to read the table:

The rank represents the times the crypto was mentioned in this sub. The values on bearish and bullish columns are the ratio of bullish or bearish comments to how many times the coin was mentioned. Reliability index is percentage of strongest sentiment (except neutral) with respect to all sentiments in the comments and averaged over all the comments. It can also be seen as average sentiment distribution (per comment) for the coin. Change 7D (%) is the percentage change in the price of the cryptocurrency in last 7 days.

Disclaimer:

This post should not be taken as a financial or investment advice.

Methodology:

• The sentiment analysis is performed using lexicon model and natural language processing.
• The comments with less than 6 words are not included in the analysis anymore as many research papers argue them to be low quality sentiments.
• Another filter that is applied that a post or comment should at least have 2 or more upvotes to be included in analysis for this table.

Because people will downvote for no reason or for some reasons. Here are a few request:

• If you are downvoting this post, I would love to know why? What could be improved and what did I miss?
• If you have any suggestions about the analysis method, you can let me know in the comments.
• In general, any advice for improvement is welcome. Thank you.

If you are interested in seeing a vanilla mentions chart (without any filters), you can also check https://redditcoins.app/ .(Disclosure: that website is not build or maintained by OP)

It was suggested that I post this here, original was in MaliciousCompliance.

I work as a freelance artist doing advertisement, ticket, and program booklet designs for various Police/Firefighter events that give to children's charities. It's not consistent work but it pays pretty well for what it is. The people I work with directly are a promotions company that was created to sell the advertisement space and tickets.

I've been working for them for a long time. Throughout COVID these people were essentially my only source of income, so I had to put up with their BS. Mostly having to put up with having to hear "the check is in the mail" for two or three months before it actually arrives.

I convinced the owner of the company to download PayPal so I could be paid in a reasonable time. He was confused on how to use it. So I told him about CashApp. I was paid through CashApp only once before he said "I just want to keep doing this by the book. These websites you're sending me too look scammy." And because "I don't work for him, I work for the unions and they're the once cutting the checks."

I asked him if he really wants to do that. Of course he said yes.

Cue malicious compliance...

He's becoming quite upset with me, since he realized doing it by the book actually gives me ALL of the leverage.

From that point forward I had begun putting my logo watermark on every single thing I send him. The first time he experienced this was with show tickets. He asked me to remove the watermark and send it to the printers, he was satisfied with the work. I told him the watermark will come off when there is money in my account. He told me that he can't start making sales until he has the tickets to sell, thus he doesn't have the money to pay me. Oh man that sucks, better figure out how to pay me electronically then. Here's my BTC and ETH wallets, PayPal and cashapp info, as well as info for direct deposit. He insisted he couldn't pay me before he has the tickets to he agreed to a fifty percent price increase for me to release the files to him without pay (and with my company's logo on them). I actually got paid for that today.

The second time was with a show poster. The same instance occured, only this time I was told I'd have to talk to the Fraternal Order of Police (FOP) about being paid, since I "work for them". They were very confused when I called them. And hour later I got an angry phone call and was paid via direct deposit from the promotor's business account, not the FOP's account.

This morning was pretty interesting. He called me up while meeting with the police association to talk about cutting me a check for the last show that happened yesterday (9/25). On this call I was asked about bank transfers, asked how to make a Bitcoin wallet, all that good stuff. But the promotor asked why my invoice stated that I am no longer accepting checks as a form of payment. "Are you sure you want me to answer that in this meeting?" I asked him. He said yes, so I told him while he was on speakerphone with his boss. "Because you don't pay me for months when we do checks. I only accept online or bank transfers."

There was a little back and forth between him and the guy from the police association. It didn't sound like Mr. Promotor was having a good time. I was told I would get a call back about payment. Well, I received that call; from the police association, not the promotion agency. I've been paid via PayPal and apologized to profusely. When I got the call from the promotor afterward, he had a very upset tone. He asked why I'm doing all this.

"Well, Sir. You told me you wanted it done by the book right? This is by the book, we didn't do it by the book before because I've worked with you for years and your son is my best friend. So this is how it will be from now on."

We'll see how it turns out. I'm confident I won't be losing any work, since the police associations, firefighters and other organizations have repeatedly told me how great my work looks, and how I often work at half the price of other freelancers.

TL;DR - Client never paid me on time so we got PayPal and CashApp to make it easier for the boomer. He didn't want to use those, and instead told me he wants to do it by the book. Little did he know that doing it by the book means he doesn't get completed work until I get verified payment. His boss wasn't happy with him, but was apologetic to me.

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🔹 Total supply 100 quardrillion

🔹 Burned : 50%

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✔BITCINE isn't pump&dump token

✔Our income isn't from BitCine (we have good salary already)

✔We work on BitCine full time

✔We are not emotional team(won't be dissappointed at losing value& won't be excited at rising value .. We work at both sides)

✔We prefer to growing SLOWLY but WISELY instead of fake big pumps and start deep dumps

✔We were at BITCOIN trading since 2012

✔Referral System .You'll get Rewards for anyone join to group via your ref link

✔Reward Events

BIT CINE

-Taking over the cryptoverse one block at a time.

Tg: https://t.me/bitcineofficial

🚀Tokenomics🚀

💲4% Distribution

💲5% Marketing fee

💲14% Liquidity fee

✅ Reward Automatically Distributed

🎁 Token Distribution

🔹 Total supply 100 quardrillion

🔹 Burned : 50%

🔹 Team: 2%

🔹 Community: 3%

💠 Pay To Referrers

✈ Referral System

♨️ Reward Events

✅ Contract Verified

🔐 Liquidity Locked

BitCine is built to pay. This is only the very beginning of something that will change the game. We are taking over the block, and we will be heard. Our strength will be built within our community. When we hit 500 members we will have our first giveaway. Paper hands, scammers, and everything we stand against are not only not welcome....they will get whacked! Let's show the bsc how strong a community really can get!

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✔BITCINE is long term token

✔BITCINE isn't pump&dump token

✔Our income isn't from BitCine (we have good salary already)

✔We work on BitCine full time

✔We are not emotional team(won't be dissappointed at losing value& won't be excited at rising value .. We work at both sides)

✔We prefer to growing SLOWLY but WISELY instead of fake big pumps and start deep dumps

✔We were at BITCOIN trading since 2012

✔Referral System .You'll get Rewards for anyone join to group via your ref link

✔Reward Events

BIT CINE

-Taking over the cryptoverse one block at a time.

Tg: https://t.me/bitcineofficial

🚀Tokenomics🚀

💲4% Distribution

💲5% Marketing fee

💲14% Liquidity fee

✅ Reward Automatically Distributed

🎁 Token Distribution

🔹 Total supply 100 quardrillion

🔹 Burned : 50%

🔹 Team: 2%

🔹 Community: 3%

💠 Pay To Referrers

✈ Referral System

♨️ Reward Events

✅ Contract Verified

🔐 Liquidity Locked

BitCine is built to pay. This is only the very beginning of something that will change the game. We are taking over the block, and we will be heard. Our strength will be built within our community. When we hit 500 members we will have our first giveaway. Paper hands, scammers, and everything we stand against are not only not welcome....they will get whacked! Let's show the bsc how strong a community really can get!

WE HAVE LAUNCHED ANONYMOUSLY ALREADY . SO ANYONE GET IN EARLY CAN BUY BTCE CHEAPER THAN NEXT JOINERS! DONT MISS OUT

Tg: https://t.me/bitcineofficial

Website: http://www.bitcinegroup.com

Tw: http://www.twitter.com/bitcinetoken

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Telegram: https://t.me/bitcineofficial

‼️2500% MORE UP AGAIN‼️

✔BITCINE is long term token

✔BITCINE isn't pump&dump token

✔Our income isn't from BitCine (we have good salary already)

✔We work on BitCine full time

✔We are not emotional team(won't be dissappointed at losing value& won't be excited at rising value .. We work at both sides)

✔We prefer to growing SLOWLY but WISELY instead of fake big pumps and start deep dumps

✔We were at BITCOIN trading since 2012

✔Referral System .You'll get Rewards for anyone join to group via your ref link

✔Reward Events

BIT CINE

-Taking over the cryptoverse one block at a time.

Tg: https://t.me/bitcineofficial

🚀Tokenomics🚀

💲4% Distribution

💲5% Marketing fee

💲14% Liquidity fee

✅ Reward Automatically Distributed

🎁 Token Distribution

🔹 Total supply 100 quardrillion

🔹 Burned : 50%

🔹 Team: 2%

🔹 Community: 3%

💠 Pay To Referrers

✈ Referral System

♨️ Reward Events

✅ Contract Verified

🔐 Liquidity Locked

BitCine is built to pay. This is only the very beginning of something that will change the game. We are taking over the block, and we will be heard. Our strength will be built within our community. When we hit 500 members we will have our first giveaway. Paper hands, scammers, and everything we stand against are not only not welcome....they will get whacked! Let's show the bsc how strong a community really can get!

WE HAVE LAUNCHED ANONYMOUSLY ALREADY . SO ANYONE GET IN EARLY CAN BUY BTCE CHEAPER THAN NEXT JOINERS! DONT MISS OUT

Tg: https://t.me/bitcineofficial

Website: http://www.bitcinegroup.com

Tw: http://www.twitter.com/bitcinetoken

Bitcoin Class With Satoshi: "Uber without Uber Inc"

https://www.youtube.com/watch?v=MIW9dWdLiwM

This is the last episode before Coingeek NY, and perhaps the last before CSW's self-immolation in the witness box in Kleiman. If so, it was a thought-provoking swansong.

05:00 - CSW and XHL enjoy a lengthy detour laughing about Greg Maxwell's interest in the activities of CSW and XHL. They joke about how he has nothing else to do. Well, nothing aside from defending a multi-billion dollar lawsuit, brought at the behest of CSW.

Turing completeness gets its weekly airing. CSW accuses Greg of claiming that Bitcoin is not Turing complete, "because there's no loops". CSW explains:

Actually, it doesn't need to loop. Doesn't need to be, sort of, anything but a finite string of characters.

Sure Craig. CSW goes on:

After all, I mean, ignore what Turing says, Turing shouldn't be able to decide how a Turing machine works [eyeroll]

Craig, I think the concept of Turing completeness was named after Turing, not by Turing.

17:22 - CSW embarks on a tour de force of informed technical criticism of the inadequacy of modern programming languages for his cutting edge work in the field of Graph theory:

As an example, in graph problems, I'm yelling and swearing because a stupid fucking clique problem that I've got keeps going out of range because, well, fucking Python fucking sucks [grins]. That's all I'm going...well it probably won't be all I'm complaining...but my bitch about that is the machine keeps having errors because they run out of...range problems...because well, there's limits on what you want to do and clique searches in graphs are NP hard problems so, as you might guess with NP hard problems, big problems get problematic quickly. So if you're trying to do too much at once on a MACHINE [loud], machines start complaining, that's a good way of putting it [laughs] Bloody stupid [???], and Python doesn't handle large things as well as C. I mean, it should, but it fricking doesn't [snigger].

This clearly rattled the Python faithful. Surely it is no coincidence that this week's Lex Fridman podcast featured a three hour interview with Travis Oliphant about the history, philosophy and future of NumPy, SciPy, Anaconda, Python & Scientific Programming, delivered with enthusiasm, modesty and humour.

Talking of the pleasure of listening to tech people speaking respectfully, I couldn't help comparing and contrasting CSW's rambling nonsense at the Satoshi Block Dojo launch event, and Charles Hoskinson's address at Carnegie Mellon University, at the launch of his eponymous formal math center.

Both speakers touched on the issue of Western dominance of STEM, and the desirability of encouraging diversity, particularly in the developing world and specifically in Africa.

In his speech, Hoskinson described the open source Lean tools that the new center will develop, and how the soul of his company is in Africa. After noting that there are only 100 or so practising mathematicians in the whole continent of Africa, he said this, at 11:40:

If these [Lean] tools are meant to be useful for all, my hope is they can escape the ivory tower and not just go into our high schools and go into various places in industry, but also become intrinsically global. That same notion of inclusive accountability of mathematics should ultimately make math the most inclusive of all fields.

Hoskinson ended his speech by fondly recalling his meeting with an enthusiastic President Kagame of Rwanda (yes, that country), and thanking the staff members he had brought with him, calling them, "legends in their own right".

By way of contrast, when CSW addressed the Block Dojo launch on the issue of developing world opportunities, he treated the audience to his usual potty mouthed rambling schtick, at 01:03:46:

Bitcoin is a predicate system: true, false. And there isn't anything else. There's no, somewhere over there, truth; your truth my truth. There's truth, and that's it. And for all the shit we're facing in society right now, that matters. Yes, the British did a whole lot of shit. Yes, and the Americans did a whole lot of shit. Everyone's done fucking shit. Get over it...If we can stop fucking warlords. And the only word is fucking arsehole fricking piece of shit warlords [applause] actually wanting to take other people's money; good.

CSW went on to imagine a golden future for the poor, but intelligent, of Kenya, "the Congo" and Zimbabwe. President Kagame could not be reached for comment.

I hope that CSW's enthusiasm for African learning will lead to his endowing his own eponymous research institute. If I may humbly suggest a worthy candidate, it would be the mathematics department at Charles Sturt University, a university that already has a developing world feel about it. The obvious field of specialisation should surely be complex analysis, given the founder's alleged fondness for imaginary numbers.

Four Significant Events That Changed The Course Of The Bitcoin Market This Year

https://zycrypto.com/four-significant-events-that-changed-the-course-of-the-bitcoin-market-this-year/

Four Significant Events That Changed The Course Of The Bitcoin Market This Year (x-post from /r/Cryptocurrency)

https://www.reddit.com/r/CryptoCurrency/comments/pw2sj6/four_significant_events_that_changed_the_course/

Possibilities

I own some Bitcoin so this is not a shitpost, so exactly what happens to cryptocurrency if some leader of some rogue stink-hole country or tribe or whatever gets their hands on an EMP and decides to set it off? It would most likely be a regional event so all would not be lost, I'm guessing, but what becomes of my coins if I am in the region such an event would occur. Would the currency be safe in a hardware wallet? Safe in my online wallet held at the exchange that it was purchased with?

The question is out there a tad, but it's really not that far fetched. Anyone have any insight?

Question about mining and (US) taxes

As context for my question please see:

• https://www.thetaxadviser.com/issues/2021/aug/gold-bitcoin-tax-implications-physical-virtual-mining.html

Q-8: Does a taxpayer who "mines" virtual currency (for example, uses computer resources to validate Bitcoin transactions and maintain the public Bitcoin transaction ledger) realize gross income upon receipt of the virtual currency resulting from those activities?

A-8: Yes, when a taxpayer successfully "mines" virtual currency, the fair market value of the virtual currency as of the date of receipt is includible in gross income. See Publication 525, Taxable and Nontaxable Income, for more information on taxable income.

So, as an example, if I were to successfully mine 1 ZEC, that would trigger a taxable event; and I'd owe short term capital gains tax on the value at the time the 1 ZEC was awarded.

What is the strategy to avoid a situation where someone has mined, say, 1,000 ZEC (and owes taxes on all of it, based on its value at the time it was awarded) and then there is a big market drop?

It seems like under the current rules miners would be forced to sell some portion of each coin they mine to cover the tax liability. (And then that selling creates another taxable event..)

BUX Crypto Newsletter #32

BUX Crypto Newsletter #32 Hi,

We're bringing you the thirty-second newsletter of BUX Crypto ✨

We've made a lot of progress with BUX in the past weeks and we're excited to see that the activity in our community channels have picked up momentum. Big thanks to everyone who is contributing to this! 💪

If you want to tune in to BUX Crypto on a daily basis, please follow us on Twitter or Telegram for more frequent updates and insights.

There's a lot happening in the world now and Bitcoin is becoming more and more relevant by the day. So, what are the highlights that happened in the crypto markets the past week? 🚀

A tough week for crypto

An illiquid Chinese real estate giant called Evergrande, signs of a coming crackdown on crypto from US regulators and the US central bank indicating that they might slow down the money printing led to a severe drop in crypto prices. Although these three important events could be a long term negative for the market, prices are already recovering.

Twitter integrates Bitcoin

One of the most popular social media platforms for crypto, Twitter, has launched a Bitcoin tipping system. Twitter users can now send Bitcoin micropayments to their favorite content creators via the web app, iOS app and soon also Android apps. The system was developed in partnership with Bitcoin lightning wallet company Strike, the same organization behind El Salvador’s Bitcoin infrastructure. If you want to learn more about this please check out the Youtube video in this Tweet.

What we've worked on in the last weeks:

Listing two new assets: Filecoin (FIL) and Polkadot (DOT) can now be traded directly with Euro or Bitcoin! 🔥

BUX Zero integration. By offering BUX Crypto in BUX Zero users will be able to create a uniquely diversified portfolio of all popular stocks, ETFs and cryptos all from one app! It's the biggest project we're working on and are really excited for this one. The first release is still on track for end of October.

Token bridge. Setting up the bridge between Binance Smart Chain and Ethereum so that token holders can also swap BUX token on Uniswap or Sushiswap in the future. The initial tests have been completed and currently the complete system will undergo a third-party security audit. The bridge will be launched on the 15th of October or sooner. The launch and next steps for using Uniswap or Sushiswap will be announced on our Telegram and Twitter account. Check the preview of the BUX Token bridge dashboard in this Tweet.

Utility improvements. Currently, the main utility of the BUX Token is that it gives users the option to trade with 0% commissions (100% discount) when users hold 1,000 BUX tokens or more in their portfolio. In the next iteration we are considering to create a more advanced token model that offers a broader range of incentives for our platform users.

Crypto withdrawals. Currently all Crypto deposits and withdrawals are closed. But on the 15th of October we aim to re-launch Crypto withdrawals again. Crypto deposits will be re-launched shortly after.

Community Contributions: If you're interested to join the conversation with other BUX community members, please do check out the BUX Community Forum!

The first BUX NFTs have been created by some of our most loyal community members. These NFTs are not created by BUX but we do appreciate the contribution! Want to win one of these NFTs in the coming 24 hours? Then check out their latest tweet!

A loyal community member called Captain Crypto has written an in-depth article about the BUX Token. He has been a holder since the beginning and has written a proposal for improving our utility model in the future. We appreciate the contribution and will take all feedback points in consideration. You can read it here.

BUX Crypto wants you! 😎

In order to accelerate all our plans for development this year, we are looking to hire new developers and fill other positions. So, if you are interested or know someone who might be interested to join our team, feel free to check out the open positions:

Senior Scala Engineer ​Support Operations Engineer Product Owner Let me know if you have any further questions in our Telegram community channel or follow us on Twitter.

Cheers from Amsterdam,

Kai Bennink Head of Strategy

The prices aren't as dependent on news as people think they are and not every dip occurs because of market manipulation. Its just a volatile market

I'm tired of people screaming manipulation every time we go down but whenever the prices go up nobody even thinks about manipulation.

'Oh we're down more than 1%? It must be the whales manipulating the market'

'Oh we're up more than 100% in a few days? That's just crypto being crypto'

Its a volatile market, the prices will go up and down, they can't just go up forever because then everybody would be rich and if everyone is rich then no one is. You can't expect +1000% returns without -50% drops, that's just not how the world works.

A lot of volatility occurs because of over leveraged trades getting liquidated.

The news isn't as important as people think it is. A whole country made Bitcoin legal tender (which is the best possible news) but we didn't go to new all time highs after that. That is not say that the news doesn't matter at all but every time we get high volatility people try to equate it to some news event.

Momentum matters more than the news.

'In a bull market nobody cares about the bad news and in a bear market nobody cares about the good news' - Benjamin Cowen

Bitcoin went from a few cents to thousands of dollars without any good news. People were calling it a Ponzi scheme even when it was over four figures.

The prices will go up and down even if we get no news.

Its just a volatile market

You want things done "By The Book"? Alright, let's do that.

I work as a freelance artist doing advertisement, ticket, and program booklet designs for various Police/Firefighter events that give to children's charities. It's not consistent work but it pays pretty well for what it is. The people I work with directly are a promotions company that was created to sell the advertisement space and tickets.

I've been working for them for a long time. Throughout COVID these people were essentially my only source of income, so I had to put up with their BS. Mostly having to put up with having to hear "the check is in the mail" for two or three months before it actually arrives.

I convinced the owner of the company to download PayPal so I could be paid in a reasonable time. He was confused on how to use it. So I told him about CashApp. I was paid through CashApp only once before he said "I just want to keep doing this by the book. These websites you're sending me too look scammy." And because "I don't work for him, I work for the unions and they're the once cutting the checks."

I asked him if he really wants to do that. Of course he said yes.

Queue malicious compliance...

He's becoming quite upset with me, since he realized doing it by the book actually gives me ALL of the leverage.

From that point forward I had begun putting my logo watermark on every single thing I send him. The first time he experienced this was with show tickets. He asked me to remove the watermark and send it to the printers, he was satisfied with the work. I told him the watermark will come off when there is money in my account. He told me that he can't start making sales until he has the tickets to sell, thus he doesn't have the money to pay me. Oh man that sucks, better figure out how to pay me electronically then. Here's my BTC and ETH wallets, PayPal and cashapp info, as well as info for direct deposit. He insisted he couldn't pay me before he has the tickets to he agreed to a fifty percent price increase for me to release the files to him without pay (and with my company's logo on them). I actually got paid for that today.

The second time was with a show poster. The same instance occured, only this time I was told I'd have to talk to the FoP about being paid, since I "work for them". They were very confused when I called them. And hour later I got an angry phone call and was paid via direct deposit from the promotor's business account, not the FoP's account.

This morning was pretty interesting. He called me up while meeting with the police association to talk about cutting me a check for the last show that happened yesterday (9/25). On this call I was asked about bank transfers, asked how to make a Bitcoin wallet, all that good stuff. But the promotor asked why my invoice stated that I am no longer accepting checks as a form of payment. "Are you sure you want me to answer that in this meeting?" I asked him. He said yes, so I told him while he was on speakerphone with his boss. "Because you don't pay me for months when we do checks. I only accept online or bank transfers."

There was a little back and forth between him and the guy from the police association. It didn't sound like Mr. Promotor was having a good time. I was told I would get a call back about payment. Well, I received that call; from the police association, not the promotion agency. I've been paid via PayPal and apologized to profusely. When I got the call from the promotor afterward, he had a very upset tone. He asked why I'm doing all this.

"Well, Sir. You told me you wanted it done by the book right? This is by the book, we didn't do it by the book before because I've worked with you for years and your son is my best friend. So this is how it will be from now on."

We'll see how it turns out. I'm confident I won't be losing any work, since the police associations, firefighters and other organizations have repeatedly told me how great my work looks, and how I often work at half the price of other freelancers.

TL;DR - Boss never paid me on time so we got PayPal and CashApp to make it easier for the boomer. He didn't want to use those, and instead told me he wants to do it by the book. Little did he know that doing it by the book means he doesn't get completed work until I get verified payment. His boss wasn't happy with him, but was apologetic to me.

Cryptocurrency Movers and Shakers – September 26th, 2021

x-post FXEMPIRE

Bitcoin, BTC to USD, fell by 0.34% on Saturday. Following a 4.54% slide on Friday, Bitcoin ended the day at $42,714.0.

A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,986.9 before hitting reverse.

Falling short of the first major resistance level at $45,095, Bitcoin slid to a late morning intraday low $41,728.0.

Steering clear of the 38.2% FIB of $41,592 and the first major support level at $40,686, Bitcoin revisited $42,900 levels before easing back into the red.

The near-term bullish trend remained intact, in spite of the latest return to sub-$40,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was a mixed day on Saturday.

Chainlink led the way, rallying by 5.43%, with Bitcoin Cash SV (0.64%), Cardano’s ADA (+1.00%), and Crypto.com Coin (+2.01%) also finding support on the day.

It was a bearish day for the rest of the majors, however.

Polkadot fell by 2.84% to lead the way down.

Binance Coin (-1.52%), Ethereum (-0.22%), Litecoin (-0.83%), and Ripple’s XRP (-0.53%) also joined Bitcoin in the red.

In the current week, the crypto total market rose to a Monday high $2,136bn before sliding to a Tuesday low $1,744bn. At the time of writing, the total market cap stood at $1,910bn.

Bitcoin’s dominance rose to a Monday high 42.97% before falling to a Friday low 40.99%. At the time of writing, Bitcoin’s dominance stood at 41.91%.

This Morning

At the time of writing, Bitcoin was down by 0.36% to $42,559.0. A mixed start to the day saw Bitcoin rise to an early morning high $42,767.0 before falling to a low $42,451.0.

Bitcoin left the major support and resistance levels untested early on.

Elsewhere, it was a bearish start to the day.

At the time of writing, Bitcoin Cash SV was down by 2.47% to lead the way down.

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the $42,476 pivot to bring the first major resistance level at $43,225 into play.

Support from the broader market would be needed for Bitcoin to break out from Saturday’s high $42,986.8.

Barring a broad-based crypto rally, the first major resistance level would likely cap the upside.

In the event of a broad-based crypto rally, Bitcoin could test resistance at $45,000 levels before any pullback. The second major resistance level sits at $43,735.

A fall back through the $42,476 pivot would bring the first major support level at $41,966 and the 38.2% FIB of $41,592 into play.

Barring another extended sell-off on the day, Bitcoin should steer clear of sub-$40,000. The second major support level at $41,218 should limit the downside.

Add to your calendar Bitcoin File (BIFI) event: Telegram Community AMA - September 28, 2021

https://kryptocal.com/event/69101/telegram-community-ama

goldcake's on-protocol client diversity plan

The issue right now is game theory encourages client homogeneity. This is because the more people that are also using your client, the more people will be advocating for a hard fork to fix any consensus penalties. Unfortunately, this is a tragedy of the commons as client diversity is positive to the security of ETH2.

I believe correcting this must be done on the protocol level -- the reality is there is no popular blockchain in the world that has client diversity. ETH1 is geth, bitcoin is bitcoin-core, etc. Whilst the correlated penalty nature of ETH2 seems designed to counter this on paper, in practice the expectation of a hard fork negates any increased penalties (because c'mon, if 5 million ETH is slashed then there will be a hard fork, don't delude yourself).

Here is my proposal that would lead to a continuous rewards penalty on using over-represented clients, while being robust enough so it's never in anyone's interests to lie about it (e.g. recompile code, change byte):

1. Each proposal adds another byte: self-reported client.

2. Proposal rewards will start decaying if a proposal comes from a significantly over-represented client. For example, the penalties could begin at nil for 33%, and ramp up to half rewards at >60%. (This is only proposal rewards, so the actual impact on rewards will be far less -- e.g. -12.5% of total rewards if a client is at >60%).

3. In the event of a consensus failure caused by an over-represented client implementation: clients that see correlated failures, but self-report a different client to the over-represented client, would be subject to a "Lying Penalty" of 16 ETH.

The practicalities about whether we fork away consensus failure penalties can be left out-of-band (as a decentralised community can never make future behavioral promises anyway), but the important part is:

• If you are running an over-represented client, you WILL earn less every block proposal.

• If you choose to recompile the code and lie about your client, and keep running an over-represented client, you WILL lose at least half your staked ETH if there is a consensus failure. Even if the community bails out the over-represented client, because you lied about it, you'll still lose the "Lying Penalty" independent to what a hard fork resolves.

• Thus, game theory encourages everyone running over-represented clients, to switch to alternate clients (it's a strictly better option than either of the previous two options).

• Because the penalties are a gradient, it is OK if you are a novice and not experienced with switching clients -- the penalties will keep on increasing until enough people switch to reduce it, and eventually the market will find the right "cost" of running an over-represented client.

Thoughts on this proposal? I believe it is an actually workable way of encouraging client diversity on the protocol.

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🔹 Burned : 50%

🔹 Team: 2%

🔹 Community: 3%

💠 Pay To Referrers

✈ Referral System

♨️ Reward Events

✅ Contract Verified

🔐 Liquidity Locked

BitCine is built to pay. This is only the very beginning of something that will change the game. We are taking over the block, and we will be heard. Our strength will be built within our community. When we hit 500 members we will have our first giveaway. Paper hands, scammers, and everything we stand against are not only not welcome....they will get whacked! Let's show the bsc how strong a community really can get!

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Crypto goes mainstream and regulatory news from this week (September 20th - September 26th)

I made this little effort to make you aware of Crypto space. Gathered some important crypto goes mainstream news as well some regulatory news from this week.

1: U.S. Treasury targets stablecoins in the latest regulatory risk assessment. The Financial Stability Oversight Council is also preparing a formal review into whether stablecoins pose an economic threat.

2: Crypto exchange FTX has received licenses in Gibraltar and the Bahamas for two of its subsidiaries.

3: Binance Australia, a local onramp to the broader Binance ecosystem, is ending its derivatives offerings to local crypto traders by the end of this year.

Source : https://cryptofrix.com/blog/binance-australia-to-end-crypto-derivatives-by-december/

4: The Securities Exchange and Commission of Thailand has a license to an asset-backed token offering service based on the Ethereum blockchain.

5: Suex, a cryptocurrency exchange that primarily operates out of Russia, has been sanctioned by the United States Treasury. The exchange is accused of processing transactions for ransomware attackers.

6: U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler doubled down on his position that his agency has “robust” authority to regulate the cryptocurrency industry, stating in a conversation with the Washington Post on Tuesday that “most” cryptocurrencies have attributes of securities. The SEC chair also compared the crypto boom to the Wildcat banking era of the 19th century, saying that “history tells us that private forms of money don’t last long.”

7: The US Securities and Exchange Commission could greenlight a Bitcoin futures ETF as early as October this year, said Bloomberg’s Senior Commodity Strategist – Mike McGlone.

8: The Royal Monetary Authority of Bhutan is partnering with Ripple to pilot a central bank digital currency in the mountainous kingdom.

9: The U.S. President is reportedly moving forward with the nomination of a crypto critic to run a federal bank regulator. The Biden administration intends to nominate Cornell University Professor Saule Omarova to be the next Comptroller of the Currency (OCC).

10: Twitter will begin rolling out Bitcoin-based payment features starting on Thursday, including support for Lightning wallets, as part of a larger plan to support creators on its platforms. The company's Thursday announcement also included plans to "explore NFTs for authentication."

11: The U.S. House of Representatives has included a crypto provision in this year’s version of the annual defence budget bill.

12: Investment bank JP Morgan said Wednesday that investors are looking to Ethereum futures instead of Bitcoin futures—meaning there's now more interest in the second-biggest cryptocurrency among major investors, according to reports.

13: Dubai authorities have joined forces to make it legal to issue and trade cryptocurrencies in the DWTCA freezone.

14: The Chinese government has released more details about its cryptocurrency ban. The notice clarifies that virtual currencies do not have the same legal status as legal currency in China. It also reiterates what has been in place for years, namely, that cryptocurrency trading is against the law.

15: Following china's events, Senator Pat Toomey says that the ongoing cryptocurrency crackdown in China is a considerable opportunity for the United States.

16: The Central Bank of Chile is exploring the creation of a central bank digital currency (CBDC).

Entry #1 . Bitcoin Capitulation and the real ALTS season.

New interest of Bitcoin from big institutions has been waning.

This chart right here can only happen if a new big institution/company makes a new announcement on their investment of Bitcoin.

Bitcoin Chart

Now, we all know the cryptocurrency world is tied to Bitcoin. If bitcoin price goes up, alts go up, if Bitcoin goes down, alts go down the hardest.

Now. There is 1 positive scenario this can play out which can lead to another rally of altcoins to the upside and the capitulation of Bitcoin dominance.

1. Bitcoin starts falling to major support which is around 32k - 35k, and alts will bleed. But once bitcoin consolidates at this prices then alts can go up on their own, further decreasing the Bitcoin dominance.

Bitcoin will fall up to 37.5% marketcap dominance which was the lows of the 2018 bear market. If this support get broken then we can see the capitulation of Bitcoin and the rise of altcoins leading to a paradigm shift where altcoins will fight for the #2 spot and eventually the #1 spot of Bitcoin which was also the catalyst for the so called "Flippening"

For those unaware, the flippening is a hypothetical event in which ETH/ADA or any other major alt overtakes Bitcoin in terms of market capitalization. 

1.2 Cardano $ADA will have the best ROI for the rest of the year because of the upgrades that it will be receiving. Smart contracts are out and Catalyst projects are coming out. DEXs are still under development and will have little to no fees when it comes to transactions. The Blockchain is also partnered with African leaderships in innovating through blockchain technology and Cardano is also widely accepted in Japan.

With $ADA sitting at $2.2, it is only the start of it's rally on the way to $10 and beyond.

Cardano most actively developed Blockchain in GitHub

Cardano most held crypto in Etoro

Are we going to see a "Flippening 2.0"?