Wednesday, November 17, 2021

BTC or BSV is a scam?

I has been a BSV support since the split from BCH in 2018. However, yesterday's event is awaking me.

BSV famous supporters such as Craig and Calvin have called BTC as scam and Ponzi.

However, the yesterday's delaying news of proofs in the Kleiman and Craig case is changing my mind.

If Craig cannot show proofs in this court case or move the coin as he said recently. BTC and BSV famous supports are all scammers, they are all for money.

"Please stop crying in a court case and saying that BitCoin is Craig's baby" because the reality is showing that they are for money

If Craig cannot show proofs and move his coin to stop BTC scammers from deceiving the public, they are scammers. too. Why scammers supports scammers


Is it time to worry? Crypto Market Update and Investing Report 11.17

Overview

· On-chain analysis BTC

· Trade set-up in STX

· Crowdloan guide: Moonbeam

· NOOBIES: 4 Year Price Cycle

Market Update

· Bitcoin (BTC) continues to hover around the 60K support level dipping as low as 58.5K. Price has repeatedly visited this support level since the break of 60K on Oct 15. Alts have mostly taken advantage of the ranging price in BTC.

· Avalanche (AVAX) is up 8% while most major smart contract platforms are struggling. AVAX gained 96% since BTC entered its current range on OCT 15. Sentiment is rising for AVAX and signs of the retail crowd are appearing. This could be a good interpretation that AVAX may be oversold.

· ETH and BTC Dominance are both up to 19.54% and 44.03% as money is trickling in from risker positions.

· Total Market Cap (TOTAL) is holding steady at 2.56 trillion.

· Gaming and Metaverse tokens are holding strong.

RNDER +31%

SAND +7%

RFOX +11%

NTVK +12%

MANA -.30%

Insight

The market seems to be awaiting the next move. Signs of a strong rebound are currently not present. Let’s move to explore what is happening under the hood and try to lay out some possibilities. A good place to start is with on-chain analysis.

Long term holders (+155 Days) are typically considered the smart money and have a history of ignoring small corrections. They typically have more tools and resources available to make market decisions. The chart below filters out the insight of this cohort.

https://preview.redd.it/uxctqkpw5a081.png?width=624&format=png&auto=webp&s=98fdc5f2c12b233d13ae7264a57b7777ad25da4a

Looking at the chart we see that the dip has little effect on long term holders. During market tops and high-risk areas is when long term holders will typically begin selling strongly as indicated by the Long Term SOPR line.

Tracking BTC reserves on exchanges is another good tool to see when the market is selling as participants onload their tokens to trade.

https://preview.redd.it/v48aovwx5a081.png?width=624&format=png&auto=webp&s=666df5b45290b22a8b40a6a56ac16dd73f91ffe3

The chart indicates reserves have been holding steady after months of strong outflow. We also see they are at a noticeable low and in a continues downtrend for the year. The low supply on exchanges can eventually translate to higher prices as BTC resources begin to decrease if demand stays persistent. There are no indications of a large sell-off, but a larger dip is still possible. In the next report we’ll explore some short-term probabilities and begin to explore good entry points.

Trade Set-up

Stacks (STX) is a platform that enables smart contracts and apps on Bitcoin. The protocol greatly benefits from the Bitcoin Taproot upgrade. STX has been ramping up operations in the past couple of months in preparation. If you read my past reports, we’ve been recommending to keep a close eye on STX.

Cup and Handle STX Daily Chart

Figure 1 Cup and Handle STX 1D chart

A cup and handle pattern formed on STX on the daily chart. These patterns are often followed by a strong uptrend in price as traders are re-testing new highs after a short accumulation period. Keep an eye on the 2.00 – 2.15 support level to make sure it holds during this market dip. Watch the stochastic and wait for it to reach an oversold area. When the market begins to turn bullish, STX has potential to shoot out of the gate.

Crowdloan Guide Pt.3

MoonBeam

Its looking like Moonbeam will be the winner of the first Parachain. This is no surprise. In the shortest possible explanation, Moonbeam is Ethereum on the Polkadot Network. It will allow ETH developers the easy opportunity to build on Moonbeam and the protocols to access the cross-chain benefits of the DOT network. Moonbeam will extend these features with on-chain governance and staking. Gas fees will be marginal on Moonbeam, making it an attractive option for users to utilize over Ethereum. Ethereum currently consumes a majority of activity in crypto. It has the most developers, users, transactions and protocols. Moonbeam benefits from all these.

As far as Crowdloan compensation, participants of this Crowdloan will receive 1:1 DOT:GLMR tokens. Moonbeam is allocating 10% of its supply to the Crowdloan; which is lower than some of the other protocols. GLMR will have staking capabilities with a 5% inflation rate, which is comparable to most major layer ones. Token holders will also get the benefit of on-chain governance.

Moonbeam has strong potential for growth after its integration and is likely to be the most widely used protocol on the Polkadot Network for a long time. With all this in mind, I have personally invested into Moonbeam through this Crowdloan. To learn more about Moonbeam go here.

Notable Events

· Polkadot (DOT) will hold a crowdcast to hear the results of the on-chain community vote for the future branding of DOT tomorrow.

· Unipilot (PILOT) and Raze Network (RAZE) will both have a Mainnet Launch tomorrow.

· A16z leads a $13 million funding round for Nym, a privacy tech startup.

Major Market News

· Moonbeam and KYVE begin collaboration to bring permanent Data Availability to Moonbeam and Moonriver. KYVE uses Arweave (AR) to leverage storage. AR also provides storage for all Solana history. This can only be bullish news for AR, who I consider to be one of the best tokens/protocols to currently own.

· Kucoin Labs launches $100M Venture Capital Fund to support early stage metaverse projects. More funds entering the metaverse sector.

· Fidelity becomes Canada’s first institutional Bitcoin custodian. They currently have 40 such instruments awaiting approval in the US. Large finance is making a strong move into crypto.

· ConstitutionDAO hits $30M in Ethereum to prepare to bid to on a privately owned copy of the Constitution. This amount was raised in less than a week with the intention of keeping the constitution in a “public sphere.” The auction will be tomorrow at Sotheby’s.

NOOBIE lesson of the day

The 4 Year Bitcoin Cycle

To control the overall scarcity, the creators programmed supply reductions in Bitcoin over time. This reduction in supply is named the bitcoin halving. It has occurred every 4 years since the arrival of bitcoin and will continue in this pattern until 2140. Every four years the mining rewards(supply) are cut in half. It then requires twice the amount of computing power to create one bitcoin. Our current halving allows for the creation of 12.5 bitcoins every 10 minutes and in 2024 it will be reduced to 6.25. This process will continue until 21 million bitcoins have been mined.

The 4-year halvings have influenced the price patterns of bitcoin in what is referred to as the Bitcoin cycle. The cycles begin with the halving and end when the next one begins. These cycles are the cornerstone for most technical analysis and price predictions. The theory is, if demand for bitcoin stays the same over time and supply is cut in half, then price will increase. This is part of the scarcity structure of bitcoin and is reason to believe that bitcoin price will continually increase in the long term. Now that we know the basics, tomorrow we will dig into the cycle patterns and take a look at where we currently stand.

To read more about the halvings visit this site.

Tomorrow

· Short-term price predictions

· Alcala Network (Likely 2nd Parachain)

· Bitcoin 4 year-cycle pt.2

Hope you enjoyed the read. Feel free to message me on twitter or email me if you have any questions or suggestions about the content. If you would like to receive this report directly to your email, please PM your email address. Free of charge and helps support my content.

-Gabi


What Are Centralized Cryptocurrency Exchanges?

For most digital currency investors, the centralized cryptocurrency exchange is one of the most important vehicles for transacting. Centralized cryptocurrency exchanges are online platforms used to buy and sell cryptocurrencies. They are the most common means that investors use to buy and sell cryptocurrency holdings.

Some investors may find the concept of a "centralized" exchange to be somewhat misleading, as digital currencies themselves are often billed as "decentralized." What does it mean for an exchange of this type to be "centralized," and why are these exchanges so crucial for the success of the cryptocurrency industry as a whole?

Use of Third Parties

In the term "centralized cryptocurrency exchange," the idea of centralization refers to the use of a middle man or third party to help conduct transactions. Buyers and sellers alike trust this middle man to handle their assets. This is common in a bank setup, where a customer trusts the bank to hold his or her money.

The reason for this setup is that banks offer security and monitoring that an individual cannot accomplish on his or her own. In the case of a centralized cryptocurrency exchange, the same principle applies. Transactors trust not only that the exchange will safely complete their transactions for them, but also that it will make use of the network of users in the exchange in order to find trading partners.

In the case of cryptocurrencies, which are often stored in digital wallets, an individual can lose hundreds or thousands of dollars in digital currency holdings simply by forgetting the key to a wallet. An exchange will not allow this to happen, as it safeguards the holdings in place of the individual investor.

Differences Between Centralized and Decentralized Exchanges

Centralized exchanges can be used to conduct trades from fiat to cryptocurrency (or vice versa). They can also be used to conduct trades between two different cryptocurrencies. While this may seem to cover all of the potential transaction types, there is still a market for another type of cryptocurrency exchange as well.

Decentralized exchanges are an alternative; they cut out the middle man, generating what is often thought of as a "trustless" environment. These types of exchanges function as peer-to-peer exchanges. Assets are never held by an escrow service, and transactions are done entirely based on smart contracts and atomic swaps.

The crucial difference between centralized and decentralized exchanges is whether or not a middle man is present. Decentralized exchanges are less widespread and less popular as compared with centralized exchanges. Nonetheless, there are more decentralized exchanges all the time, and it's possible that they will give centralized exchanges a run for their money in the future.

Fiat/Cryptocurrency Pairs

It's more common for a centralized exchange to offer cryptocurrency/cryptocurrency pairing at this point. This would allow customers to trade, for instance, bitcoin for ether tokens. Fewer exchanges offer fiat currency/cryptocurrency pairs, which would allow, say, bitcoin for USD exchanges.

Some of the largest cryptocurrency exchanges in the world are those that offer these fiat/cryptocurrency pairs, however. Part of the reason for this is likely that they serve as a direct access point to the cryptocurrency market.

Since many investors in the space are relatively new to investing in digital currencies, they may be more likely to turn to these types of exchanges. Some of these exchanges include Coinbase, Robinhood, Kraken, and Gemini.

Key Elements of Centralized Exchanges

There are new centralized cryptocurrency exchanges all the time. However, not all of them will be successful, and it's not uncommon for these exchanges to fold. The success or failure of an exchange is dependent upon a large number of factors. However, one of the key components to success is trading volume.

Generally speaking, the higher the levels of trading volume, the lower the volatility and market manipulation that's likely to take place on that exchange. Volatility is a crucial consideration. Because of the time it takes for transactions to be completed, the price of a given token or coin can change between the time the transaction is initiated and the time it is finished. The higher the trade volume and the faster the transaction can be processed, the less likely this fluctuation is to be problem.

Another crucial element of a successful centralized exchange is security. While no exchange is completely immune to malicious activity like hacks, some are safer than others.

The way an exchange reacts to an event such as a hack is by no means a given. Some exchanges have worked hard to refund customer losses, while others have been less successful in that regard. Still others have shuttered as a result of these types of attacks.

For investors looking to enter the cryptocurrency space, a centralized exchange is still the most common means of doing so. When selecting an exchange, it's important to keep in mind the host of factors which will impact user experience, including which pairs are traded, how high trading volume is, and the security measures exchanges have adopted to protect their customers.

https://www.investopedia.com/tech/what-are-centralized-cryptocurrency-exchanges/


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Chaos TV! [Part 1]

On the inside, Jeff’s backyard shed was not at all how it looked on the outside. Outside was a standard blue-painted wooden Gambrel-style storage, still soaked from the Tacoma rain that was pouring even now. We raced over behind Jeff as he led us over to the partially cracked open shed door. Along with me were our other friends Kelly, Amy, and Miles, the five of us running through the rain as we stepped into random puddles of water hidden beneath the grass, some splashing onto my foot through my sneakers and getting soaked into my socks. This had better be damned worth it, whatever Jeff dragged us over here for.

When we got in, however, my frustration soon transcended into wonder. Inside contained an elaborate setup of two large monitors and a colorfully-lit, full-glass PC tower atop a large table, a loveseat, beanbags, trashcan, and a random fire extinguisher, for whatever reason. As a bonus, the floor was also carpeted (maybe not the best idea now due to the rain plus combined with our muddy sneakers). We scruffed our dirty shoes onto the mat left at the front of the door when we got inside the shed.

“This is a nice setup, bro,” Miles commented.

“Yeah,” I agreed.

“It’s only temporary,” Jeff replied. “Not a good idea to keep computers in an enclosed shed for very long.”

“I was about to say,” Amy jumped in. “Doesn’t it get really hot in here? Or really cold in the winter?”

“Sometimes, but you know how Washington is.”

“Humid,” I said.

“Exactly,” Jeff replied. “Which is why my uncle wants this moved by the fall. The humidity’s not great for the PCs. Or the bipolar weather.”

“Every state swears their weather’s bipolar,” Kelly laughed. “Unless it’s dry ass Arizona or Alaska, you know what you’re getting each year.”

“True. I think it’ll be fine. I told him that. I asked if I could get a dehumidifier, but he doesn’t wanna risk it.” Risk what, I wondered? “But anywho, you simpletons ready to have your minds blown?”

The rest of us exchanged looks best described as an amalgam of suspicion and thoughts of ‘might as well’. We didn’t get soaked for nothing. Jeff plopped into the rolling chair in front of the desk, immediately grabbing the wireless mouse by the keyboard and began clicking on an icon on his desktop titled ‘Neptune’. The shape of the icon was a circular blue shape, which contrasted against the family photo of him and his uncle in the background.

It was only the two of them his whole life. I never pried too much into his personal life, but from the conversations we’d had, it was apparent that other immediate family members weren’t present in his life. Never any mention of a mother, father, siblings, nothing. Even after graduation, he stayed behind with his uncle, who was chairman of a rising technology company called Medium Tech. Their slogan, “The future of entertainment.” They specialized in developing services for various forms of media entertainment, including film, television, radio, music services, etc. That being said, I couldn’t tell you at all what it was they specifically made.

“This shit right here is gonna rock your world,” Jeff said ecstatically. He was even grinning.

“Look, if this is some Bitcoin or that cryptocurrency trading shit, I’m not interested,” Kelly remarked.

“I am,” Miles scoffed.

“Hmm?” Kelly looked at him.

“If it makes me rich, then yeah.”

“Oh, it’s not Bitcoin,” Jeff spoke. “Or anything like that. It’s, in my opinion, way cooler than all of those things combined.” I arched my brow, and the others gave similar looks of amusement. “Okay, maybe not better than being rich, but it’s pretty damn close, I’d say.”

“What did you just click on?” Amy asked.

“It’s called Neptune,” Jeff answered. “It’s the name of the software the company my uncle works for is developing. It’s still only a prototype, but it’s a damn good one.”

“What is it?” I asked.

“Oh, you’ll see,” he teased. “I mean, really, it’s better for you to see for yourself because words just aren’t enough.”

A loading screen drew over the monitor soon after as the software began to boot itself up. Once it finished, a cute little two-note jingle chimed, and we were brought to a screen with two box-shaped icons and a circular icon alongside them, containing a plus sign in the center of the circle. The text underneath the boxes read ‘Jeff’ in one and ‘Christopher’ (Jeff’s uncle) in the other. Underneath the circular one read ‘Add new profile’.

“They’re making their own Netflix?” Kelly guessed. “Or Hulu, or something?”

Jeff chuckled. “Even better. Better than all of those streaming services combined.”

Kelly raised her eyebrows. “Okay,” she muttered under her breath.

Jeff clicked on his user profile, and hilariously, we were met with what seemed to indeed be a streaming service catalog. It appeared so, anyway. I don’t see how it wasn’t. Selections of movies and TV shows we all knew, and then some I’d only heard of or didn’t know at all. They were each lined up in columns where you had to scroll through the lists to take a look. On the side of them were texts indicating what I assumed were categories.

Action/Adventure, Comedy, Drama, Superheroes, Book Adaptations.

Those were just the few that we saw. I could tell that there was more off to the side.

“You sure your uncle and his company didn’t just ripoff Netflix?” Miles said.

Jeff shook his head, laughing again. “My uncle doesn’t develop the actual software, he’s just chairman of the board. The software engineers take care of the fun stuff.”

“And you?”

“Well, interning is… well, interning. You gotta start somewhere. Wish I started earlier when I was in high school, but what can you do? Still learn a whole lot, and it’s a paid internship, so I can’t complain.”

Miles nodded. “No you can’t,” he smiled.

“Seriously, though, what is it?” Amy questioned. “You said we’ll see when we see it but I still don’t know what we’re looking at.”

“It’s a jailbroken Netflix,” Miles kept joking.

“Ha-ha.”

“That sounds kinda dope, actually,” Kelly chimed in.

“Okay, Jeff,” I cut in to quiet everyone, “Show us what it is - or explain, at least.”

“Why thank you, Anthony,” Jeff responded with that same grin. He spun his chair to where he was now facing everyone.

“Folks, what do you notice about all of these movies and TV shows?” he said as he motioned his hand towards the screen behind him.

No one said anything and we simply stood there and shrugged.

“They’re discontinued, right?” Jeff answered for them. “They’ve all ended, there’s no more to the story, yeah? No more sequels, no more new episodes, none of that. Finale, and that’s it. But not anymore…”

Those same curious yet doubtful gazes returned on each one of our faces yet again by Jeff’s eccentric behavior.

“With Neptune, you can make more,” he continued. “More episodes, more seasons, more movies in a series. Hell, wanna make a prequel of your favorite movie just ‘cause? Have at it; you can do that, too. Ever fall in love with a song from your favorite singer or rapper that, for whatever reason, didn’t get a music video? Well, now you can make one. A video game you wanna see turned into a movie? Done. Everything you can imagine, just picture in your head, can all be made possible with only a few - or, I should say, several inputs of information.”

No one said a word still, utterly baffled at what the hell he was speaking to us. It took Kelly’s outburst of laughter to break the silence.

“That was, uh… pretty good,” said Kelly. “It was a great pitch, really.”

“Jeff, c’mon, if you just wanted to invite us over to watch something, just say that,” Amy said.

“Oh sure, take a pick,” Jeff offered. “Wanna watch season 8 of Breaking Bad? Season 7 of The Fresh Prince?”

Miles chimed in. “I’m pretty sure both of those shows ended well before they reached that number of seasons,” he stated. “Breaking Bad only ran for five seasons. I don’t know about The Fresh Prince.”

“Not in Neptune they didn’t,” Jeff proclaimed. “I made more episodes.”

Miles scoffed, not believing a single word out of Jeff’s mouth. To him, and really, to most of us, he sounded out of his mind.

“Wanna see the new Diesel?” Jeff continued. “Diesel 5?”

Diesel (not to be confused with the actor Vin Diesel) was an action film series that ran on for far too damn long. It involved the main action star, Ben Tank (yes, that was his name), who drove in his diesel Ford pickup along the southwestern interstate. He ends up having to protect this pretty young woman’s life from her captors, and so throughout the whole movie, it’s just him and this girl racing down the highway and playing a cat & mouse game of other big trucks chasing them and trying to take out ole badass Ben. The first movie wasn’t terrible, to be honest. Then, as many series do once they start gaining more profit and reputation, the Diesel franchise jumped the shark and started going way overboard and ridiculous. I don’t know how the writers managed to keep coming up with more ideas and ways to have Ben Tank get caught up on the road in the same situations again and again. Just let it die already.

“There’s a Diesel 5?” I said.

“Not officially,” Jeff smiled. “Not anywhere else on anyone’s drive or stowed away in some big studio - at least, I don’t know if they do or at least are working on one. But they don’t have this one”

“They’re definitely working on one,” Miles rolled his eyes. “You know they are.” He, too, was over the drawn-out series.

“Sure, I’ll watch your bootleg, fan-made, B-rated Diesel ripoff,” Kelly snarkily agreed. “From whomever you got this. It might be so bad it’s good.”

Jeff just laughed again then exchanged looks of approval to the rest of us.

“It’s up to you guys,” he offered. “I got beers, drinks, popcorn, whatever you want to get comfortable.”

The rest of us then looked at each other.

“What do you guys think?” Kelly asked.

“I mean, you invited us over to hang out anyways, I figured,” Miles said to Jeff. “If we wanna do a movie marathon, then that’s all right with me.”

“Yeah, why not?” Amy agreed.

They then looked at me, the last one standing. Deep down, I really didn’t feel like watching it now. At least, not Diesel, in particular, and especially not whatever low-budget ripoff we were about to see. Anything else would’ve been fine.

“Sure,” I shrugged, sounding as neutral as I possibly could.

“All right, all right,” Jeff said in his best Matthew McConaughey impression. “Let’s do this.”

He then spun his chair back to the computer screen, where Jeff then scrolled a bit further down the list until he found it. The thumbnail was there. Diesel: Overdrive was the title displayed in a sleek, steel, slanted lettering like many other action movies I’d seen over the years. The poster had Ben Tank sitting in the driver’s seat of his pickup, tightly gripping the wheel with a sturdy mean face. It looked almost like one of the movie posters for Drive, the one with Ryan Gosling, except more intense. Bet it was photoshopped to look legit.

Jeff clicked on the thumbnail, followed by the list of brief movie details and plot breakdown, same as with any streaming service. Same actor, Timothy Johnson, as the star, except the director was different - bizarrely different. The same director had done all the previous films in the series, but oddly, this time it was someone else entirely. Someone so famous and in a league of his own that it was stupefying.

“Griffin Daniels did this one?” I skeptically asked.

“In my version, he did,” Jeff replied. “Remember, you can choose whatever director’s style of filmmaking you want. I figured why not choose the best and turn a cheesy blockbuster into a work of art?”

Miles shook his head, laughing. Griffin Daniels was one of the more prominent film directors out there, with his movies grossing more than a billion combined. He was up there with Spielberg, Nolan, Lucas, Cameron, and many of the other industry giants. That’s why seeing his name tied to a project of a lesser caliber to his standards was pretty hilarious. Now we knew it had to be a joke. It’s like if Martin Scorsese directed The Room. I’d actually pay to see that, now that I think about it. Probably be much better.

Jeff moused over the thumbnail and clicked ‘play.’ A black screen followed, and in the center of the screen appeared a blue loading icon, sort of like the swirling red circle on Netflix.

We watched as the opening logos commenced, accompanied by a mysterious yet exciting cinematic score in the background. On the bottom right-hand corner, a watermark of Neptune’s name and logo remained on-screen the entire time. The movie hadn’t even started yet, but I could already sense that this film was far different from the others in the series - if it were even real, that is.

“Zach Henderson did the soundtrack, too,” Jeff added. He was another major motion picture composer and producer.

“Okay,” Miles dismissively replied.

The rest of us pretty much held onto the same skepticism and doubt as we did from Jeff’s first attempt at selling us on the whole concept. But after seeing the opening sequence, and then several more scenes had passed, before we knew it, we each had our eyes glued and huddled around the limited space we had around the bright computer screen long enough to make it past the halfway mark. So much time went by, and I'd been so invested in the movie, I’d forgotten about questioning the absurdity of it all. I couldn’t believe it. Jeff didn’t lie. He couldn’t have. This was real. The actors, the scenes, soundtrack, editing. The way Timothy Johnson’s facial movements, voice, expressions, and the way his stunts were executed felt genuine, as though he himself signed and agreed to this. No, it wasn’t really him, as Jeff claims. But how was it not? It was a legit film - an actual worthy addition to the worn out Diesel franchise. I’ll be goddamned, but Jeff stayed true to his word, it was a solid work of art! It was nothing like any of the others before it. Surprisingly, it had depth to it, substance, a good plotline with stakes at hand, a good villain, character development - everything you’d want in any film regardless of its genre and general audience. It’s like whoever made this (or whatever made this) truly cared and put their heart into it.

“This is crazy,” I muttered out of nowhere, as everyone else was still lost in the story.

Amy then let out a delighted guffaw. “Honestly, though,” she agreed. “Jeff, seriously, how did you get this? And why is it so good? Like, who made this?”

“I told you,” Jeff shrugged. “Griffin Daniels.”

Amy smacked her mouth. “Seriously, c’mon. You can’t hold out on us like that.”

Jeff turned to face her. “Thank my uncle. And whoever coded the Neptune program.”

“You’re serious?” Amy exclaimed, now more enthralled. “This is really just all AI-generated?”

“Yep.”

“Like a CPU or something?” Miles asked.

“Well, the CPU is just the processor,” Jeff said. “It controls a lot of things like hardware in the computer and the execution of each individual-”

“In English, Jeff.”

“Basically, it’s the type of AI that’s based on limited memory and self-awareness, on top of reinforced learning.”

“That was… broken English, but I think I get it.”

“He basically means that it learns and makes better future decisions based on what it’s given, right?” I elaborated and asked for confirmation.

“You got it,” Jeff confirmed.

“‘Self-aware’?” Kelly said. “What do you mean by that? Like the Terminator or Ultron?”

“No, no, that’s an over-exaggerated Hollywood trope. The self-awareness of the Neptune software is only limited to what it’s programmed to do: make different types of mediums. It can’t go beyond that. The self-awareness component only adds to the authenticity of the movies or TV shows it creates. You ever try those AI-generated story creators? Ones where you put in a sample of text from either a book or whatever, and then the algorithm takes that and continues to make it up for you?”

“I’ve seen those before,” I commented. “Tried it for fun, too.”

“So you know how flawed it is? Adding random words that don’t fit the context at all?”

“Yeah…”

“Well, Neptune, as you can see, feels like a real person directed the project and put their heart and soul into it. Everything’s been properly edited and thoroughly reviewed before final cut.”

“But this is all still just AI?” Amy spoke. “A constantly-learning AI?”

“Exactly,” Jeff answered.

We were speechless and dumbfounded. Amy, like the rest of us, had to take a second to really register it all before asking the next big, exciting question that we were all thinking.

“Do you have more?” she asked with suspense.

Jeff, eyes glued onto the film, held that same ecstatic grin.

“My dear,” he said, “You can have your own profile and library of personal mediums tailored to your liking if you want. All of you.”

And now, a small grin of my own was starting to form over my face.

___________________________________________________________________________________________________________

After taking a couple of days of having Jeff help install the Neptune software onto each of our hard drives, including helping some of us build and setup our own PC towers along with GPUs (it takes a lot of processing power, as I’d imagine) I was overjoyed to begin creating my profile. The steps were pretty straightforward and simple enough. During the initial setup, I was given the option of two different user experiences: Confined Reality (CR) mode or Chaos mode.

CR mode sounded extremely complicated the first time Jeff explained it to us, and it took me a couple of times hearing it again before it clicked. Essentially, whatever medium (movie, TV show, music video, commercial, etc.) I choose to have Neptune generate for me will always be taken into consideration and used as a ‘learned memory’ for the AI. An example would be if I made a series of my own or sequel to a pre-existing movie, and the AI generates a script that calls for a major character death. Obviously, depending on the rules and elements of the story, of course, that character can’t then show up in the next film of that series. That would be a continuity error. In layman’s terms, if I decide to generate my own new episodes of The Walking Dead, for instance, instead of waiting for the new season, I can’t simply bring back characters who’ve already died earlier in the show. That would be breaking the rules of the confined reality established in the storyworld. Now, if I was creating a more fantasy-based story in a Marvel or some other franchise film, there’s more than enough ways to pull that off in that particular universe (they do it all the time, in fact).

But what if I wanted to say screw it and just have Neptune do whatever I tell it, without considering the principles of realistic possibilities and let loose? Well, that’s where Chaos mode comes into play. In Chaos mode, it doesn’t matter who died before or how the story has progressed thus far. Neptune makes it work. Now, that’s not to say that that decision doesn’t come with its own consequences; there’s still no guarantee that whatever it comes up with won’t make any sense at all or could’ve been better executed with previously taught knowledge taken into account. But, as we all observed with Diesel: Overdrive, the program gives its 100-percent into making the best possible medium it can. There’s no half-assing anything. If I want a Quentin Tarantino-style film to be generated based on whatever story I want, it’s not going to merely ‘imitate’ his artistic style. It’s going to make sure it creates the most authentic production with so much passion and heart that you’d believe Tarantino did it himself.

As downright phenomenal and exciting as this technology was, I, like the rest of us, also knew how creepy it sounded. The way it could easily replicate any single person’s style, based on the few or many loaded reels of information it’s given. That was the real doozy of it all. How easy it was. It was like sorcery. And the way it could simulate and create cinematic shots, locations, set designs, lighting, color grading, sound mixing - shit, even a whole damn soundtrack! It could do all of those things in a relatively short amount of time. Generating a standard 90-minute film takes only 30 minutes, even 45 at the most, depending on the budget and style of the production. Anything much longer like two-and-a-half hours takes about an hour at a time, sometimes a little longer. TV shows typically always take much longer to generate per season, especially hour-long episode formats. But it’s crazy that I can take a year’s worth - or sometimes more than that - of man-hours that it takes to make a film and have it all put together and condensed onto the Neptune program for me to watch in the comfort of my room in a short amount of time.

I felt like a kid on Christmas morning. I was shaking from uncontrollable excitement. I didn’t even know where to start. All of the shows that I wish didn’t get canceled or movies I wish weren’t stuck in development hell… there were just so many. I could make more seasons of Parks & Recreation, A Different World, Spectacular Spider-Man, Firefly, Black Mirror, Mad Men. I was listing things off in my mind in no particular order. For now, I took those specific examples and loaded them into the Cloud. The Cloud was where the user stores various mediums into Neptune, that way the program can start learning and taking from those exact styles for when I want to have more mediums generated from them.

That was one of the biggest downsides to it all. Waiting. The initiation process was the most time-consuming because the software still needed to learn. I couldn’t just tell it to replace all the prior James Bond films with only Daniel Craig as the lead character because, well, ‘technically’, it doesn’t know who James Bond even is yet, or Daniel Craig for that matter. That information has to be uploaded into the Cloud first by inputting the film’s ISAN number. In essence, it’s like a unique identifier for movies and similar forms of audiovisual media, like an ISBN for books. IMDB numbers worked as well and were much easier to find. I’d have my list of compiled mediums stored in the Cloud database where the AI uses them to learn and adapt and considers using them in reference to making future creations. So if I uploaded all of the James Bond films, or even just half of them, that’s more than enough for Neptune to go off of and create an authentic 007 storyline. Or, if I don’t want to change anything in the story, and only have Daniel Craig replace whichever actor is portraying Bond in a particular film, it can do that as well. It’s essentially a more advanced version of deepfake technology, which is no less uncanny, but mesmerizing nevertheless.

Other things that could be uploaded into the Cloud for AI-learning were pictures, video clips, GIFs, audio samples such as voice clips or readings, personally-made scripts or bodies of texts, and many more. However, with all of these things being readily available, the utmost important rule that Jeff even stressed to me was to not, by any means, upload personal information. That includes real people I knew in my everyday life that weren’t professional actors in the industry. In other words, I couldn’t have myself star in a medium or have my friends or family as an ensemble cast. That was the other big setback to the program. I thought it was pretty dumb, as a matter of fact.

There was a prompt that asked me which setting I wanted to choose before continuing. CR or Chaos. It was pre-selected for CR mode, which was the recommended setting. There was additional text that rambled on and on about something else I didn’t much care to read right now. I just wanted to jump in and get started. CR was fine with me for now.

I was patient, however. I let the program take its time to learn whatever I gave it. I listed off literally hundreds of mediums to store in the Cloud. Overall, this took just about the rest of the day to process. By the next day, it was good to use. Now the real fun could begin.

Over the next several days, I didn’t leave my apartment and hardly left my room, and if I did it was only to use the bathroom or to go eat something. I watched everything I could come up with. Marlon Brando as Rocky Balboa, Dwayne ‘The Rock’ Johnson as The Terminator, simulated new episodes of Spongebob Squarepants in its old-fashioned season one artistic format, a movie adaptation of Stephen King’s The Dark Tower series (done right this time, might I add), Jurassic Park 3 directed by Steven Spielberg and produced by Kathleen Kennedy again, the Star Wars prequels redone in the quality of the original trilogy, Nicholas Cage as Mrs. Doubtfire, Wesley Snipes as Black Panther, Emily Blunt if she originally got the role as Black Widow, Will Smith if he originally got the role of Neo in The Matrix, the film adaptation of Harry Potter and the Cursed Child directed by Chris Columbus.

Mixing up different combinations of genres and mediums, and pairing certain actors and celebs with one another to see how much chemistry they had and playing with the character dynamics was far better than any RPG or sandbox game I’d ever played. It was comparable to being like God himself. I didn’t even notice the watermark after a while and got used to it being there as a permanent stamp on the screen. Everything generated from Neptune’s software is already pre-coded to contain the watermark in the bottom right, which is basically to protect from copyright strikes and prevents from the reselling or distribution of Neptune-produced mediums. Neptune is only for personal use, and anything beyond that could result in legal consequences from major studio executives and estates.

Though, like with any new and entertaining piece of technology someone uses from the time they first use it, it’s bound to get old after a while unless additional content or features gets added to it. Of course, I still had hundreds upon thousands of possibilities to create, and I hadn’t even used a fraction of my profile’s allowable memory (things had to either be moved or deleted to save up space). But using the same actors and forms of media that were already made was starting to get slightly dull. Not exactly boring, just repetitive as a process. I wanted something more.

I remembered what Jeff said and the prompt text that popped up when I was creating my profile. Do not upload personal information by any means.

But why? What difference did it make? All of those people were real, the actors, directors, writers, producers, film crew; they were all real people, too, albeit more famous and richer than I could ever hope to be.

So I decided to say screw it and create my own sitcom, sort of like Friends and iCarly, starring me as the main character, of course, and the rest of the gang. I came up with potential titles, such as ‘The Anthony Show’, ‘Everybody Loves Anthony’, ‘I Love Anthony’, and many other cheap knockoff titles. But eventually, this one title stood out to me, as ridiculous as it sounded, and I eventually settled upon Chaos TV! Jeff, Miles, Amy, Kelly, and I would all be playing ourselves in various episodes of different sorts of misadventures and hilarious situations like any other American sitcom. The show even had its own opening and catchy theme song. The format was multicam and with the style of being shot in front of a live audience. And my God, the jokes were funny as hell. If this were anyone else’s show, I’d pay to see this. Which is funny, because it was just ourselves, except we had lines and an exact storyline to follow. My parents even guest-starred a couple of times, and Kelly smacking Miles in the back of the head at least once per episode became a running gag. It was quality television.

There was just one weird thing that didn’t exactly take away from the show, but was clearly the elephant in the room. It wasn’t just the five of us as the leading cast - me, Miles, Jeff, Kelly, and Amy - but a sixth person as well. Frank. That was his name. Residing in a comfy Seattle condo, six friends, Anthony, Jeff, Miles, Kelly, Amy, and Frank, get themselves into all sorts of trouble and wacky adventures while dealing with their own personal struggles of young adulthood and chasing their dreams. That was synopsis in a nutshell. But who the hell was Frank? I didn’t know a Frank...

Of course, Neptune could still make up and cast whatever it wanted to make for good storytelling, and I certainly trusted its process. However, I just found it unusual that given its premise, it would add a sixth person to our close friend group. It felt so out of place. I wanted to ask around and see if anyone knew who Frank was or if it was a mutual friend of ours, but then I’d be admitting to breaking the rule of using our real selves to be cast for my own entertainment. Jeff wouldn’t be too happy about that.

I opened my search engine in another tab and tried searching ‘chaos tv’ and ‘frank’ as the main keywords, but then stopped myself. I was an idiot. The show’s not real, I was reminded. Chaos TV! only existed because of Neptune.

I decided to continue watching, as Neptune already had five seasons of Chaos TV! lined up. Frank’s character stood out like a sore thumb, and that was not to say he was the true star of the show. On the contrary, he felt distant from the rest of us and didn’t have much charisma or chemistry to the rest of the cast. Sometimes his line delivery felt awkward or slightly uncomfortable. For example, if he were to be exchanging dialogue with one of us, especially Amy or Kelly, his words just sounded off, almost creepy, I dare say. I would also notice that at times when he wasn’t speaking a line, he would either heavily stare at the person currently speaking or simply stare off into space. Everyone else would at least be somewhat engaging with the other person or doing something to still feel like part of the scene… but not Frank. The infliction of his tone on certain lines didn’t land right all the time and made him seem a bit socially awkward. Even the side stories that involved him fell flat. I didn’t get his deal. What purpose did he serve? The subplots involving him weren’t even about him, really. He was always a supporting character to someone else’s predicament in a given episode, so I still didn’t know who he was even on-screen. Yet, he went everywhere we did in the show. I guess not every ensemble cast carries their own weight in a series. There’s always that one. There are some exceptions, yes, but it’s not unusual for it to happen.

Fortunately, after season one, Frank left the show, and it was just us five, as it should’ve been from the start. Thank goodness. Every other episode in the show after that started to feel much more relaxed and vibrant. Not that it wasn’t before, but Frank’s presence in the earlier episodes could really be distracting at times. Now the show was really starting to find its footing and it became even more hilarious. I’d give it a hundred Emmys if I could. Not to myself, though. Turns out I was a terrible actor. At least, I thought so. Though I was the lead, I certainly didn’t steal the show. That went to Kelly and Miles, and even Jeff and Amy had their moments where they held all the attention. I was just sort of there. Maybe it was awkward for me to watch and hearself myself on camera. But I quickly got over it and continued to enjoy watching everyone else carry out their roles throughout the show.

Then something else strange changed after season three. With no warning at all, Amy and Kelly were cut from the show, and were replaced with three other actresses, one of which looked familiar to me. They were different characters entirely named Jenna and Beatrice. Jeff, Miles, and I remained on the show, and again, it was just the five of us.

That was strange, I thought. What the hell happened to Amy and Kelly? I went ahead and tried seeing if I could re-generate the current episodes after season three to try adding them back to the show as permanent leads. When I prompted Neptune to start generating, however, an error occurred with the text prompt reading, “Continuity Error. Please try generating another medium.”

What the hell did that even mean? At no point in the show did Amy or Kelly’s characters need to get written off nor was it ever implied that they wouldn’t return. I skimmed through the rest of season four, not watching every episode in its entirety. I wanted to see if at any point they would show up again, whether they made a guest star appearance or something.

But there was nothing. Season four was over and when I moved on to season five and searched through all of its 22 episodes, I was met with the same outcome. Kelly and Amy were no longer in the show. In fact, there was never any other mention of them again. The way Jenna and Beatrice were introduced in season four was due to us three guys needing two extra roommates, essentially to replace the previous two girls. Oddly, when I went to rewatch the season four premiere episode, their names were still never mentioned. It was only implied that we had two roommates originally, but never their names or that we were all good friends. That was so strange. So strange, in fact, the show drastically declined in quality for me. None of it made sense at all. Why would the script severely change like that?

Then, as I skimmed over the timeline with my mouse, able to preview the scene and exact shot before jumping to it, I noticed at the very end of the episode, unlike the rest, after the credits was a line of text, perhaps a message, accompanied with what I could make out as two pictures of what I assumed were young women. I wasn’t sure if I was crazy or not, but it looked like Amy and Kelly.

I went ahead and clicked over to the closing credits, just as they were about to finish. I knew what would follow next was the very last message. Once the credits were done rolling, the screen went to black. I curiously waited to see what would show next, and I really wish I didn’t.

“Oh my God,” I muttered under my breath.

Across the screen were the words, “In loving memory of Amy Nguyen and Kelly Watkins,” with their pictures displayed underneath. The same pictures I uploaded of them when sending everyone’s personal information through the Cloud.

“Oh my God,” I repeated.

Panicked, I immediately called Amy first, then I’d call Kelly as well. Amy’s phone rang for much longer than I’d hoped, and I grew more and more anxious.

“Hello?” her voice finally answered from the other line.

I was so thrown off, though, relieved, I almost forgot to say anything. “Amy?” I said.

“Yeah, Anthony?”

“... Sorry, I must’ve butt-dialed you,” I improvised.

“Oh. No worries… you good?”

I was about to tell her, but then quickly hung up instead. I didn’t have to make that as awkward as I did, but I had to check on Kelly next. Her phone rang for far too long as well, except this time no one answered. Now I was very worried.

I called Miles, to which he shortly picked up the phone after only a couple of rings.

“Yes, Anthony?” Kelly answered on the other end, to my surprise.

I stammered, confused as hell. “Kelly?” I responded. “Uh…”

“Miles had to do ‘number two’, as disgusting as that sounds.”

“... Why are you with-”

“Did you need something?” she quickly cut me off.

I hesitated for a moment. “Never mind,” I said, then hung up the phone.

As weirded out as I was by what just happened, as I’m sure Amy and Kelly were nonetheless, I was at least glad they were both fine. But then I kept looking at the still image of them on the screen, their faces underneath those haunting words.

In loving memory…

The show may not have been real, but still… what could’ve prompted it to even say that? For my entertainment? What kind of sick form of entertainment was that? I didn’t ask for this. I would never. But now I knew that the only way I could even hope to maybe get to the bottom of this thing was to tell someone - that ‘someone’ being Jeff. He would know the answers, or at least enough to try troubleshooting the issue or come up with an explanation. Then he’d know I broke the rules. Shit. What else was I gonna do?

I could keep watching, I thought. It’d be sick, though. That’s what I felt. It would feel wrong to keep watching, even after the fact. Maybe if I kept telling myself that it wasn’t real, maybe that would take me out of it. At the very least, I could keep the show running in the background with me periodically checking here and there to see what else changed.

I ran the program to generate two more seasons. Season six took about three hours to generate. Once it was ready by the evening, I sat down and watched. The season premiere had barely begun, but I already watched in utter shock and terror at what I was now present on the screen. Jeff and Miles were now cut from the show, and I was the only remaining lead from the original cast. I couldn’t be sure, but considering the events that followed with Amy and Kelly’s departure from the show, whatever that cause might’ve been, I inevitably, instinctually knew Jeff and Miles followed the same fate as their co-stars…

My God, what the fuck was happening? Why was it doing this? Why was it making these bold decisions? I didn’t even watch all of the episodes, but just from skimming through the first few, Jeff and Miles didn’t return not once. Though it wasn’t real, I was truly starting to get scared now. My friends, my actual friends in the Neptune medium were dying off and I didn’t understand why.

When I tried to skip ahead to season seven, something went wrong. I got that same damn error as before. ‘Continuity error.’ How was that even possible? I didn’t change anything else that the AI didn’t already do itself. It didn’t let me make any more seasons past season six. I couldn’t believe it…

I couldn’t make more episodes of my own series - my own goddamn show - due to two simple words.

Continuity error.

I had to tell Jeff...


Coin Hunt World! is launching in El Salvador this week!

Summary:

  • Two weeks: Starting 18:00 CST on Nov. 19th, Ending 18:00 CST on Dec. 3rd
  • Floating vault: 100 players, 1 blue key each, rewards $5 BTC and Bitcoin Beach Cubie Blueprint
  • New resources: two new (unknown) resources, needed for the Cubie, drop from vaults
  • Resin Trees: give Resin when clicked on, found around El Salvador, each stays until 100 players use
  • Purple vault: somewhere around Bitcoin Beach
  • El Salvador only, as with all new country launch events

Check out the official announcement:

https://medium.com/coin-hunt-world/el-salvador-beta-launch-52263362303f

Chat with the developers on Discord:

https://discord.gg/me3X4zU8Uy


Beniamin at Business Insider special crypto event

Beniamin will be live at the Business Insider special event “The future of crypto and its path to mass adoption”

Join to hear from Beniamin & his co-speakers from Grayscale, Avanti Financial & former CFTC chairman on the crypto-driven paradigm shift happening in finance.

Business Insider

📅 November 17, 18:00 UTC

➡️ Businessinsider.com

RT: @ElrondNetwork

Source: ElrondNetworkAnn


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Have you thought about getting into Bitcoin but weren't sure about how it works? Thought it was too confusing to get into? Well you can get started with a free £10 Bitcoin to help you get started on your Bitcoin journey with no obligations at all!

You can even earn interest on your Bitcoin if you choose to!

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I would recommend saving the £10 for future rather than checking the value every few days.

You can also earn interest on your crypto if you open a savings wallet which is free! You would do this step after completing the steps above.

Bitcoin is something that is really good to get into and a free £10 helps you get you on your journey.

There is no catch and the £10 is totally free. The idea is they want to get more people into Bitcoin and this way lots of people can get involved and get £10 free Bitcoin to start their journey.

If you need more help signing up, there is another step by step guide here: https://medium.com/original-crypto-guy/how-to-set-up-a-basic-bitcoin-wallet-73f46c612a3c

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Wow!! Get £10 Bitcoin completely FREE instantly from Luno with NO SPEND needed for new customers!! Don't miss out!! (UK Only)

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Luno are giving people in the UK £10 completely free with no deposit needed to people who are new to Bitcoin and want to get into it. Totally free £10 Bitcoin!

Have you thought about getting into Bitcoin but weren't sure about how it works? Thought it was too confusing to get into? Well you can get started with a free £10 Bitcoin to help you get started on your Bitcoin journey with no obligations at all!

You can even earn interest on your Bitcoin if you choose to!

You just need to want to get into Bitcoin, be in the UK, over 18 and have ID! That is it!

https://www.luno.com/en/signup

  1. Use the website or download the app and register https://www.luno.com/en/signup
  2. Verify ID
  3. Enter code BPHWRIGHT in the rewards page
  4. Get £10 of Bitcoin instantly

I would recommend saving the £10 for future rather than checking the value every few days.

You can also earn interest on your crypto if you open a savings wallet which is free! You would do this step after completing the steps above.

Bitcoin is something that is really good to get into and a free £10 helps you get you on your journey.

There is no catch and the £10 is totally free. The idea is they want to get more people into Bitcoin and this way lots of people can get involved and get £10 free Bitcoin to start their journey.

If you need more help signing up, there is another step by step guide here: https://medium.com/original-crypto-guy/how-to-set-up-a-basic-bitcoin-wallet-73f46c612a3c

Or feel free to send me a message if you still need help and I will gladly help you!

Just remember you have to be in the UK to sign up. This offer is purely for the UK.

Once you have joined I think you should learn more by checking out these wonderful FREE events with more info for newbies or not so new people on Bitcoin! You can learn a lot at no cost to you. Check them out now: https://medium.com/original-crypto-guy/upcoming-events-by-jason-deane-aea187d03a10

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Take the Long View: Bitcoin at $59K is the same Bitcoin at $60K

We’re two days into the crypto “crash” (not a crash) and volume is already returning to the Bitcoin trade. Over $40 billion, up from the $25 billion or so during the slide.

Mainstream outlets had a field day characterizing the fall from the all-time-high of $68K as some sort of grand reckoning. Headlines highlighted the hundreds of billions in market cap “lost”.

They neglected to mention that BTC was $17,800 a year ago. That’s still an over 300% gain.

People like zeros. There’s a psychological comfort in 60K rather than 59K. But it’s the same Bitcoin, the same use cases, the same underlying value vs. fiat.

In the long view, short-term price action is a non-event. Crypto markets, like equities, do not go up in a straight line, and that’s perfectly fine.


What news has most impacted crypto performance in the past?

What news or events have influenced the crypto market over time?

News of increased inflation levels and increased crypto gains tax in the US, Chinese provinces banning mining, El Salvador and other countries adopting Bitcoin as a legal tender, etc have caused increased or decreased performance in the market. XLM was performing well last week during a crypto conference (I can’t remember the name of the conference). DOGE and SHIB both had run ups during social media induced frenzies. Loopring has done well partially based on rumors of a GME partnership. I could keep going…

So what news or events have you noticed influenced the market? What news do you consider bullish or what news do you consider bearish?


Unpopular opinion: if you are anxious and you need to read the posts that people make on r/cc saying everything will be fine whenever there's a dip crypto speculation is not for you

Every single time there's a dip this sub floods with posts about how everything will be fine and why you shouldnt be worried for it. Most of them say "this is just a dip, prices will go up again, dont worry". Well, guess what? You may have already read this here: nobody knows shit about fuck. Yes, it could be a simple price dip caused by people taking profits or selling because of some FUD. But maybe its a market crash like the one we lived in May this year when BTC fell 60% from its ATH in a matter of hours.

Nobody will ever know if a 3% dip will become a 70% crash. Nobody, not even the most experienced and successful trader in the world can predict a market crash. He might have more possibilities of predicting it than the average person, but chances are he wont be right.

You need to know that the market can crash anytime without previous notice. I assume you know what a black swan event is, it can happen anytime and if that happens the market will go down to oblivion.

9 March 2020 was a black swan. People already remember that day as "Black Monday", there was a global collapse of the markets caused by the COVID-19 pandemic. It was the biggest market crash since 2008. It was a stock market crash but the stock market always drags down the crypto market with it. Some people thought it was the end but here we are. Since that day BTC has done a x20.

If you are worried, anxious, sad... when there's a dip here is probably what's happening to you:

  • You are overleveraged
  • You invested more than what you can afford to lose
  • You are new and thought that crypto only goes up
  • You are into crypto for pure speculation
  • You are trading with your feelings and emotions
  • You FOMO'ed at an ATH
  • You are greedy and can't stand red numbers

All of the above statements are big mistakes only a newbie makes.

If you really want to be successful on crypto then you need to learn the basics of investing. Invest in solid projects with good fundamentals, never use leverage, invest what you can afford to lose, get emotions out of the market...

And most importantly: long term investments are the most profitable ones. Specially in crypto (assuming you put your money in a good project and not in Cum Elon Doge Sperm Inu Safe Uranus token). NOBODY has ever lost money by holding.

And dont get me wrong, I myself love seculating but Im not a professional trader. When ETH dipped from 4k$ to 3.5k$ in May I bought a lot of ETH thinking I was buying the dip and planning to sell it a week later for making a quick buck. The dip turned into a crash and it went down to 1.7k$. I was calmed, I bought more at that price and just holded my way up to 4.2k$ and liquidated my position. I've been since May to October in red. No issues, I trust ETH and it's a solid project so I was sure it would go up again. But I dont know shit about fuck so I could've been wrong.

I've done +700% in the last year just by holding bitcoin and ethereum. No trading, just holding what I bought in November 2020. So learn how to invest properly and you wont feel bad when there's a dip/crash. Stop speculating, start investing.

TL;DR: keep your feelings out of the market and learn the basics of investing so you dont feel anxious when Elon Sex Cum Inu Rocket Mars dips 15%


How I became a free software developer

I was born in 1984. Later, in 1987, when I was at my grandparents house opening Christmas presents, I got a desk. I loved it. But my brother got a gift I loved even more: a Nintendo entertainment system (NES). He let me have his old ATARI 2600 and I loved to play Frogger. All the other games didn't make sense to me yet. Later we would game-jam to Super Mario Bros and other titles.

By the time 1995 rolled around, I knew that I wanted to be a video game designer. So my parents bought me a one of those thick heavy books that could kill a man that I toted with me to school and read in study hall. It was a book on video game design. It was basically a C++ course and included Microsoft Visual C++ 4.0 on a disc. I didn't have a computer then, but my father got a job at Gateway Computers and in 1998 and I got my first PC (a Gateway of course). I put what I read to use and I made a solitaire game with a cow spotted deck (my dad still plays my version). My parents also bought me boxed sets of Linux: first Caldera 1.2, then Red Hat 6, then Debian, and SuSE linux. Also, I had the C Primer Plus book, and later all the books by the Open Source guys: Eric S. Raymond's The Cathedral and the Bazaar, and the Art of Unix Programming. Richard Stallman's Free as in Freedom. And Linus Torvalds' Just for Fun (the story of an accidental revolutionary).

I studied computer science in high school. I learned to code in Visual Basic 6 and C. I achieved some network administrator and Linux certifications. I went to college for Computer Engineering but I flunked out. I was never into doing my homework. I went back to school later and never finished my degree, but I got to my last semester in software development. I just never finished my projects because I had more interesting work that was unrelated to my project requirements--like making an IRC client in C++ and Bitcoin trade bot in Python.

I worked for about half of my life in IT support and system administration roles. With Linux, I've developed and operated eCommerce sites. Made mobile apps. I've hosted game servers. I worked as a security analyst for a bank. I worked as a business analyst for a Fortune 100 insurance company. I was a system admin for a very big ISP. I have written code in VB, C, C++, C#, HTML5, JavaScript, Java, PHP, Python, PERL, TCL/TK, and 5 other scripting languages you've barely heard of. I've even written ASP.NET code (but I never had the qualifications to be a Microsoft developer). I've built dashboards, administered databases, and have a big wheelhouse of IT skills. I can even repair computer hardware and solder boards. I have earned half a dozen CompTIA certifications.

A lot of life events happened. I got married to a woman from the Philippines. After my mother died in 2020 from COVID-19, I inherited some cash and migrated with to my wife's country, living in an area with a low cost of living: the Philippines. This way I can "retire" early.

I'm 37 years old and expecting to be a father soon. Now my hobby and "unpaid career" is developing GPL software. I like to find issue logs and fix reported bugs. It's not always easy reading other peoples code, but I want quality Free software and somebody has to do it. Perhaps I will write my masterpiece soon. Perhaps my resume will grow and I'll be a paid free-software developer. Whatever the future holds, I'm sure it will be fun. Thank you for reading.


Market Update Week 2021 Week 46

BTC and ETH Market Update:

BTC sold off on great news after making a new record high price on 8th November 2021 which suggests the good news was already priced in at the time of the news release. The great news was high inflation data coming out of the USA last week not seen since 1990, apparently. Other major events were the Taproot upgrade for the BTC network and President Biden signing the Infrastructure Bill which carries many burdensome requirements for those participating in cryptocurrency. These events may have also had significant impacts on the recent price action. Sadly, the new record high prices ended up being fake-outs, rendering my prior analysis over the past few weeks obsolete. To reduce the downside risk I foresaw due to the prior analysis being incorrect, I ended up scaling out of the last of my positions for BTC and ETH around $63,000 USD and $4,500 USD, respectively. I haven't received a sell signal yet for my long term system but I'm ok with exiting for now and observing from the sidelines to see how the market evolves in the short and medium term.

Furthermore, the Bitcoin Futures Open Interest exceeded levels last seen in April. Historically, this level of open interest has led to a dip in price due to market participants being somewhat overly leveraged. This makes sense since traders are probably aware of PlanB and Willy Woo's fundamental BTC models which suggest that "$100k USD" is imminent, inducing a false sense of confidence and over-leveraging into positions that they are unable to hold, arguably one of the factors causing BTC to selloff.

News Roundup:

Big Inflation data: https://www.reuters.com/business/futures-tick-lower-inflation-worries-take-hold-ahead-cpi-data-2021-11-10/?utm_source=engagement_mailer&utm_medium=email&utm_content=2021-11-10&utm_campaign=daily

Here’s What Is Keeping Bitcoin From Rallying to New All-Time Highs, According to On-Chain Analyst Willy Woo: https://dailyhodl.com/2021/11/15/heres-what-is-keeping-bitcoin-from-rallying-to-new-all-time-highs-according-to-on-chain-analyst-willy-woo/

Taproot Update for BTC: https://forkast.news/taproot-bitcoin-upgrade-what-it-means/

Biden Signs Infrastructure Bill: https://www.bloomberg.com/news/articles/2021-11-15/senators-seek-crypto-reporting-fix-as-biden-signs-infrastructure?sref=323RPL5z

‘Bull market distribution has begun’ — 5 things to watch in Bitcoin this week: https://cointelegraph.com/news/bull-market-distribution-has-begun-5-things-to-watch-in-bitcoin-this-week

SEC have successfully protected investors from +12,700% gains LOL: https://cointelegraph.com/news/bitcoin-halts-losses-amid-criticism-etf-rejections-have-cost-investors-12-700-gains

Miami will pay residents a 'bitcoin yield' from its city cryptocurrency, Mayor Suarez says: https://markets.businessinsider.com/news/currencies/miami-bitcoin-yield-miamicoin-crypto-francis-suarez-mayor-digital-wallet-2021-11

NewYorkCityCoin launching this week with Mayor-elect Eric Adams’ blessing: https://cointelegraph.com/news/new-york-coin-launching-this-week-with-mayor-elect-eric-adams-blessing

Here’s Why Bitcoin Is Just Now Entering the Main Phase of the Bull Market, Says On-Chain Analyst Will Clemente: https://dailyhodl.com/2021/11/13/heres-why-bitcoin-is-just-now-entering-the-main-phase-of-the-bull-market-says-on-chain-analyst-will-clemente/

This Week On Crypto Twitter: https://decrypt.co/86057/this-week-on-crypto-twitter-discord-backs-out-of-crypto-while-twitter-wades-in

Futures Open Interest \"spike\" may suggest overly leveraged positions.

Perpetual Futures Open Interest also suggest overly leveraged positions.

Outflow of BTC from exchanges. Will this reverse due to panic from falling prices?

Will large whales continue holding during the selloff?

Warren Buffett approves LEL


Bought the dip

500,000 Jasmy strong 💪 People should realize that the dip is happening because the whole market is down with bitcoin. It’s not just Jasmy. Think of it as a holiday sale event. Get yourself a nice bag of present and see it go up in few weeks.

Not a financial advice


Cardano Rumor Rundown November 17, 2021

Hey Everyone!

Let's go...

Newly covered today:

  1. IOHK has dropped their new article on eUTxO dApp architecture. It explains in detail a design for an eUTxO order book. https://iohk.io/en/blog/posts/2021/11/16/architecting-dapps-on-the-eutxo-ledger/
  2. Apparently we saw over 1MM transactions in Epoch 302. https://twitter.com/ccvaultio/status/1460673461614006276
  3. Looks like Cardano is seeing a huge amount of on-chain activity. The crazy part is this is all pre-PAB. Just wait until dApps can actually launch! Unsurprisingly, some supporters of other chains were shocked to realize they didn’t understand the difference between exchange trading volume and actual blockchain use volume. https://twitter.com/cardano_daily/status/1460238659098005504 https://messari.io/screener/most-active-chains-DB01F96B
  4. Charles drops a short regulatory update letting us know about the proposed bill to fix the highly faulty Infrastructure Bill language and another new bill to lay out a pro-crypto comprehensive regulatory framework for crypto (including definitions for utility coins). https://youtu.be/AcBuk0zHLfU
  5. Here’s the announcement and the bill from Senators Lummis & Wyden to fix the bad crypto language in the Infrastructure Bill. https://www.lummis.senate.gov/press-releases/wyden-lummis-introduce-bill-to-fix-broker-definition-for-digital-assets/ https://www.lummis.senate.gov/wp-content/uploads/GAI21B7321.pdf

Previously Covered but still interesting:

  1. In late 2008/early 2009 it turns out Hal Finney was learning Haskell and trying to figure out how to reduce C02 emissions from a (future) widely used Bitcoin. That sounds a lot like Cardano. https://twitter.com/seal_kiman/status/1443593563846193155
  2. Adam Dean gives us a great post-mortem on the network load created yesterday by the NFT drop(s). https://twitter.com/adamKDean/status/1443599818845081600
  3. Wow! It’s looking like Meld has landed a partnership with a mobile provider in Nigeria with nine million customers. Not many details out at this point (Sept 30). But, that certainly sounds like it could be gigantic. https://twitter.com/MELD_labs/status/1443548879966949382
  4. Two factor authentication via SMS once again turns out to be a bad bet. https://bitcoinmagazine.com/business/hackers-rob-thousands-coinbase-customers-sms-mfa-flaw
  5. Grayscale releases a report on Cardano which shocks many due to its (actually) fair reporting. https://twitter.com/Grayscale/status/1443625454146097152 https://twitter.com/cardano_whale/status/1443786596721967104
  6. The Wall Street Journal has dropped a video on stablecoins. A lot of the video surrounds the Tether dollar reserve controversy. It’s notable that Cardano’s Djed solves this. https://www.wsj.com/articles/biden-administration-seeks-to-regulate-stablecoin-issuers-as-banks-11633103156
  7. The Biden Administration has announced they are investigating the prospect of regulating stablecoin providers like banks. https://markets.businessinsider.com/news/currencies/stablecoin-regulation-cryptocurrency-banks-biden-treasury-bitcoin-circle-tether-binance-2021-10
  8. Cardano users on twitter piece together that Charles was talking about visiting u/Pezesha_Africa (in regard to microfinance) in Kenya. This is big because Pezesha operates in countries with a combined population of over $300MM. https://twitter.com/thr33strikes/status/1444898320070086659
  9. Crypto twitter users try to depict US Whitehouse comments out of context to fuel an economic doom narrative. However, if you listen to the whole press briefing, you will understand that these comments were based on a “what if” scenario involving the US debt ceiling somehow not being raised. https://twitter.com/100trillionUSD/status/1445059673401528328
  10. The so-called “Pandora Papers” reveal globally widespread cases of wealth concealment by public officials and bring up the question of whether blockchains like Cardano should take this into account when dealing with nation-state regimes as partners. https://www.icij.org/investigations/pandora-papers/
  11. Remember! There is no mobile Daedalus wallet. There is no browser extension version of Daedalus. These are fakes! They will steal your ADA. https://twitter.com/InputOutputHK/status/1445380773096398853
  12. The “Zombie Lobster” collaboration between Charles Hoskinson and Paul Oakenfold is actually getting coverage by the EDM media outlets! https://edm.com/news/paul-oakenfold-album-cardano-blockchain
  13. dcSpark releases some mockups from the experimental version of its upcoming Flint Wallet. The mockups seem to indicate that the wallet will allow for dApp interaction from hardware wallets. https://twitter.com/FlintWallet/status/1444902727956508674
  14. Charles is interviewed in the Harvard International Review. https://hir.harvard.edu/charles-hoskinson-1/
  15. The Biden Administration has revealed that it is considering an executive order to establish a government wide approach to crypto regulation. https://www.bloomberg.com/news/articles/2021-10-08/white-house-weighs-wide-ranging-push-for-crypto-oversight
  16. The New York Times is now talking about the difficult balancing act the Fed has before it with high inflation and less than promising jobs data creating conflicting priorities. https://www.nytimes.com/2021/10/08/business/economy/fed-jobs-full-employment-inflation.html
  17. Representative Tom Emmer clashes with SEC Head Gensler over the direction of crypto regulation. However, it’s unclear how much Rep. Emmer’s solution (his Securities Clarity Act bill) would solve the problem given that it only relieves issuers of securities regulation burdens after they have already complied with the “registration or exemption” hurdle. https://twitter.com/RepTomEmmer/status/1445465912375590913 https://emmer.house.gov/2021/7/emmer-introduces-legislation-to-provide-certainty-for-digital-assets-under-securities-law
  18. Caitlin Long revisits the articles she wrote years ago about fears of circulation credit in crypto markets. Spoiler: it came and crypto did it to itself. https://twitter.com/CaitlinLong_/status/1446874905241210880
  19. COTI is a licensed payment institution in Singapore. This could get very interesting given their status as the issuer of Djed and the ongoing Monetary Authority of Singapore Blockchain Challenge in which Cardano is a finalist. https://cotinetwork.medium.com/coti-lists-as-a-payment-institution-in-singapore-666c6fcaaab4
  20. Goldman says Evergrande is nothing compared to the potential $8.2 Trillion problem with local government financing vehicles in China. https://www.forbes.com/sites/williampesek/2021/09/30/goldman-flags-82-trillion-threat-worse-than-china-evergrande/?sh=3296c9d515cc https://www.wsj.com/articles/beyond-evergrande-chinas-property-market-faces-a-5-trillion-reckoning-11633882048
  21. Cardano isn’t wrong about Africa. It’s just first. Google is investing $1 Billion in African internet access over the next five years. https://techcrunch.com/2021/10/06/google-confirms-1b-investment-into-africa-including-subsea-cable-for-faster-internet/ https://twitter.com/ghostchainer/status/1445964578257395714
  22. SEC Commissioner Hester Peirce (cryptomom) delivers an opinion piece that investors should be allowed to make their own decisions without SEC paternalism. https://www.cnn.com/2021/10/11/perspectives/sec-commissioner-investors-regulators/index.html
  23. COTI has another AMA that reveals there may be more news soon for Djed. https://twitter.com/theCOTIinvestor/status/1447546724868935684
  24. Heads up: scammers are posing as Yoroi support staff! https://twitter.com/YoroiWallet/status/1446554949782016009
  25. Catalyst Fund 6 has 711 projects on the ballot! https://twitter.com/InputOutputHK/status/1448015757216976903
  26. Coinbase is launching an NFT market. How will this impact the CNFT scene? Coinbase tells us: “...initial launch will support Ethereum based ERC-721 and ERC-1155 standards with multi-chain support planned soon after.” https://blog.coinbase.com/coinbase-nft-is-coming-soon-join-the-waitlist-today-for-early-access-cc7bac29fd72 https://www.cnbc.com/2021/10/12/coinbase-is-launching-a-marketplace-for-nfts.html
  27. Eric Rosengren (who recently left the Boston Fed) let’s us know that the Fed/MIT CBDC project is pretty far along and will release a working paper soon. This would obviously be impactful for all of crypto and for Cardano. https://youtu.be/ivqFo9C2Jdo?t=409
  28. The first project that actually looks like it may one day be a virtual world launches on Cardano and it already has a community built parcel explorer. https://pavia.luiscarlos.pt/
  29. SEC Commissioner Hester Peirce (cryptomom) gave a polite but scathing speech at the Texas Blockchain Summit where she laid bare all the problems with the SEC’s current approach to crypto. After her recent opinion piece and this speech, it’s fair to say that she and SEC Chairman Gensler are in open war over crypto. How this gets resolved will determine the regulatory landscape for Cardano and all of crypto going forward. Sadly, Gensler is in charge and not vice versa. https://twitter.com/HesterPeirce/status/1448011388841037830 https://www.sec.gov/news/speech/peirce-2021-10-08
  30. The Fed may begin tapering it’s Treasury and mortgage backed securities purchases in mid November. This is relevant for the whole economy including crypto. https://www.cnbc.com/2021/10/13/federal-reserve-releases-minutes-from-its-september-policy-meeting.html
  31. Sounds like the Milkomeda sidechain is making good progress. https://twitter.com/NicoArqueros/status/1448447729689059332
  32. Apparently, Putin kind of accepts that crypto might choose to exist. https://www.bloomberg.com/news/articles/2021-10-14/putin-defends-cryptocurrencies-amid-global-regulation-push
  33. Don’t forget: today (Oct 15) is the October Mid-Month Development Update! https://twitter.com/InputOutputHK/status/1448715241961963520
  34. Sounds like Binance was not allowing ADA withdrawals for some period of time. https://twitter.com/Katsumoto87/status/1449723293632634882
  35. The Cardano Africa Tour has commenced with Charles popping up in South Africa. https://twitter.com/IOHK_Charles/status/1449304264849993731
  36. We got a nice Triple H update from Harrison/Hemsley/Hammond joined by Jan Müller in the October mid-Month Dev Update. We learned that we’ll have a maintenance upgrade toward the end of October and then PAB a few weeks later. This is extremely important since it will finally allow for the last bits of dApp buildout. The PAB is already available on the tesnet. The test dApp the team is using is an NFT marketplace. The team is watching as we see high loads around events like NFT drops. But, the network is reacting as expected. https://www.youtube.com/watch?v=XzdTyV5Jejc
  37. Here’s video of the Fireside chat with Charles, Dynal Patel, and John O’Connor at the Cape Innovation & Technology Initiative in South Africa. https://www.youtube.com/watch?v=vmuJFc5Qrr4&t
  38. A brief update dropped from Charles this morning in Africa. https://twitter.com/IOHK_Charles/status/1450124410095030280
  39. Duncan & Sebastien have an interesting discussion on Github that fuels Cardanophobia on the part of ETH maximalists about three weeks later. https://github.com/input-output-hk/cardano-node/issues/3247
  40. The Cardano Foundation is changing its delegation strategy. They will go from primarily delegating to promote decentralization to a new framework focused on delegating to promote ecosystem buildout. https://forum.cardano.org/t/cardano-foundations-new-delegation-methodology-supporting-the-architects-of-the-future/79594
  41. Shahaf Bar-Geffen gives us some more details about the Djed launch. He says IOHK is doing the coding and COTI is doing the business side. https://www.youtube.com/watch?v=dlPmIgJ0tE0
  42. In the Cap Innovation & Technology Initiative Fireside Q&A, Charles mentioned he is talking to Colossol Labs about the possibility of having the Mammoth DeExtinction Project take place on his bison ranch. There are probably some obvious NFT or tokenization use cases there. https://colossal.com/mammoth/ https://www.youtube.com/watch?v=vmuJFc5Qrr4
  43. Three U.S. Senators ask Facebook to discontinue its Novi crypto wallet which just launched. https://www.theverge.com/2021/10/19/22735171/facebook-novi-diem-libra-calibra-cryptocurrency-digital-wallet-zuckerberg-senate https://techcrunch.com/2021/10/19/facebook-scales-back-its-crypto-ambitions-once-again/
  44. There’s a new Frederik Gregaard interview out. https://www.youtube.com/watch?v=uJdRAclhL0Q
  45. People are buying luxury real estate in Portugal with Cardano. https://twitter.com/danny_cryptofay/status/1451113239669092356
  46. Over 292,000 votes were cast in Catalyst Fund 6. https://twitter.com/InputOutputHK/status/1451269575140589577
  47. IOHK announces a partnership with Bondly to create an NFT bridge so that users can move their non-fungible tokens back and forth between Cardano and Ethereum. https://twitter.com/InputOutputHK/status/1451251954496180229
  48. Interesting small thread on how further stumbles by the Chinese economy could affect the global economy which in turn might impact crypto and Cardano. https://twitter.com/i/events/1452290004433125378
  49. Here’s a very nice overview of the Maladex Whitepaper by ADA Whale that breaks down the hidden strengths of eUTxO for DeFi including programmable swaps composability. https://twitter.com/cardano_whale/status/1451835809913470986
  50. The Cardano ecosystem maps are getting so big and dense that they can’t even display logos for the projects anymore. https://twitter.com/Meapool1/status/1450576470133379072/photo/1
  51. There is a report that unstaked ADA is at an all time low of under 8MM ADA. https://twitter.com/IbanxStaking/status/1451944344294883331
  52. Check out this medium article explaining the validator underlying the Spacebudz Market. It’s very elegantly and concisely explained if you have no Haskell/Plutus understanding. It’s even more interesting if you have a tiny bit of understanding of Haskell. https://spacebudz.medium.com/spacebudz-market-71e79d1bbf34
  53. Atala Prism named a top 50 Most Influential Project by PMI. https://twitter.com/IOHKMedia/status/1452544441005248514
  54. Pavia Game Jam is coming. It sounds like they are looking to hire some Unity (game engine) developers and 3D artists. This produce interesting results in a few years. https://twitter.com/Pavia_io/status/1451596816659763213
  55. Charles is releasing some images of meetings with heads of state on his Africa tour. https://twitter.com/IOHK_Charles/status/1452671287977971726 https://twitter.com/IOHK_Charles/status/1452672734580838409/photo/2
  56. There is currently ongoing discussion about the possibility of unexpected tax liability from participation in even Fair Initial Stake Pool Offerings where there are accompanying Initial Dex Offerings. There is even discussion about the potential of exploits that could amplify this unexpected tax liability for all participants. https://twitter.com/mikerogero/status/1452502065381404675 https://medium.com/@mikerogero/tax-implications-of-the-minswap-ido-on-fiso-delegators-and-the-cardano-community-4db219ea8932
  57. We now have a memorandum of understanding with Burundi! https://twitter.com/jjtoconnor/status/1453087264461017092
  58. Fans of certain other Gen 3 blockchains are still getting hilariously worked up when they are confronted with the Messari chart on massive VC ownership of their blockchains. https://twitter.com/TamaraHaasen/status/1452924338047496193
  59. The new IOG stake pool delegations are out. https://twitter.com/InputOutputHK/status/1453041459477819398
  60. Cardano Fans is putting out some really good pieces posed as “Conversations with a Junior Blockchain Developer”. Very educational on the technical advantages of Cardano over other Gen 3 blockchains. https://twitter.com/matiwinnetou/status/1452911202913464328
  61. ETH based platforms are still not faring well at NOT losing the money of users. https://twitter.com/Swag_Stakepool/status/1453392923672915968
  62. dcSpark is making progress on the Milkomeda sidechain. ADA transitions from Cardano testnet to Milkomeda testnet now working. https://twitter.com/Milkomeda_com/status/1453421947157716992
  63. The stark differences between being a validator on ETH and a Cardano validator are once again put on full display. https://twitter.com/evan_van_ness/status/1453133337334272000
  64. There’s a new Djed explainer video out now from IOHK. https://www.youtube.com/watch?v=5-Ozaf_aGNM&t=1s
  65. Cardano 360 October Edition is now out and available! https://youtu.be/R0s3lPG8XDw
  66. The crypto time traveler is back after many months of being gone (i.e. purportedly being in the future). His first prediction after returning was about big news and a crown which was later revealed to concern the health of the Queen. His second prediction was about Cardano and gigantic success. https://twitter.com/CryptoTimeTrav2/status/1452827679300849670
  67. Charles was at the Ethiopian Ministry of Education today. He reports that the onboarding of the five million students is on track. https://twitter.com/IOHK_Charles/status/1453697314187534343
  68. The Ministry of Finance of Ethiopia has posted pics of the Cardano team meeting with them! This is an interesting turn of events. The ministry posted about a “readiness to incorporate avant-garde technology in areas of #Agri Tech, logistics, and digitization”. https://twitter.com/MoF_Ethiopia/status/1453717850766540808
  69. There is a new IOHK blog entry on Mithril. https://iohk.io/en/blog/posts/2021/10/29/mithril-a-stronger-and-lighter-blockchain-for-better-efficiency/
  70. You might have missed this IOHK blog entry on how dApp certification will be incorporated into the new light wallet (I know I did). https://iohk.io/en/blog/posts/2021/10/25/new-certification-levels-for-smart-contracts-on-cardano/
  71. The Cardano dApp Store is looking like it’s going to be amazing. Curation & certification without gatekeeping is a great solution to preserve decentralization and maintain censorship resistance. https://summit.cardano.org/sessions/redefining-dapp-discovery-bringing-dapps-to-the-mass-market
  72. There’s also a new update on Crypto Bisons! https://iohk.io/en/blog/posts/2021/10/28/buffalo-soldiers-march-to-the-heart-of-the-blockchain/
  73. Charles released a new AMA from Ethiopia! https://www.youtube.com/watch?v=L5au7JEPMaM
  74. The U.S. President’s Working Group on Financial markets has published its Stablecoin Report. No surprise: they want to regulate stablecoin issuers as insured depository institutions with federal supervisors and to curtail their affiliation with commercial entities. They also want to curtail such affiliations for custodial wallet providers. https://home.treasury.gov/system/files/136/StableCoinReport_Nov1_508.pdf
  75. It turns out there are some big chain reorg vulnerabilities in ETH 2.0. https://arxiv.org/pdf/2110.10086.pdf But, maybe ETH has already got fixes planned? https://twitter.com/casparschwa/status/1450785316865024000
  76. A partnership among World Mobile, IOHK, and Zanzibar has been announced! It’s a five year plan that focuses on education, eGov solutions, the Blue Economy (sustainable fisheries), replicating the Blue Economy model in tourism | agriculture | & telecommunications. https://worldmobile.io/blog/post/partnering-with-zanzibar-blockchain-hub/
  77. Alessandro has a great idea (multi-sig) to improve NFT drops over his original model that is now used by pretty much everybody! This would help mitigate the hassle of refunds and reduce some congestion. https://twitter.com/berry_ales/status/1455473647934742530
  78. It feels crazy that we have over 2 million Cardano wallets out there these days. Our small ecosystem has become a gigantic one. https://datastudio.google.com/u/0/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B
  79. The Plutus Application Backend integration process has begun! https://twitter.com/InputOutputHK/status/1455905122802864138
  80. Pavia has revealed proposals for parcel size in their metaverse. https://twitter.com/Pavia_io/status/1455915006395101188
  81. Mark Stopka takes everyone to school on how “pool extractable value” can still be a thing in Cardano if dApp Developers don’t plan for designs that prevent it. https://youtu.be/0VloKsDjW70
  82. Nami Wallet will soon support hardware wallets! https://twitter.com/NamiWallet/status/1456375916918083588
  83. SundaeSwap has unveiled its own concurrency solution. https://twitter.com/SundaeSwap/status/1456338509870952450
  84. A University of Virginia School of Law lecturer outlines a crypto related “hidden felony” in the Infrastructure Bill. https://www.decential.io/features/defi-and-the-digital-asset-felony-hidden-in-the-infrastructure-bill
  85. IOG drops it’s Sustainability Report. https://static.iohk.io/green-blockchain-paper.pdf
  86. We get a view of what can actually be built on a Pavia single Parcel and news that the Pavia Map v.2 will launch soon with wallet linking and custom images. https://twitter.com/Pavia_io/status/1456667167680831491 https://twitter.com/Pavia_io/status/1456523907280822273
  87. The Plutus Application Backend (PAB) Beta has been released! Developers of Cardano dApps can now begin experimenting on the testnet! This is a big milestone! https://twitter.com/InputOutputHK/status/1456683592726233097
  88. Apparently Cardano’s transaction volume just last month in October was double all of 2020!?! https://twitter.com/CardanoStiftung/status/1456730746861748224
  89. Looks like Cardano (at least the logo) made the cover of the Economist?!?! https://twitter.com/cardano_whale/status/1457327848285376513
  90. We just saw an instance of Yoroi wallet dApp Connector integration! https://twitter.com/SundaeSwap/status/1457396024822075409
  91. We saw an all time high of +61k native assets issued on Cardano in one day recently! https://twitter.com/thinkgrowcrypto/status/1457130708300824576
  92. World Mobile just dropped a great video documenting the IOHK/World Mobile/Zanzibar visit. https://twitter.com/WorldMobileTeam/status/1457800436501467136
  93. It looks like Zimbabwe is looking into crypto adoption! https://twitter.com/BitcoinMagazine/status/1457703228192301058
  94. Apparently, there’s a new partnership between COTI and the Cardano Foundation. Sounds like we’ll hear details on November 10. https://twitter.com/shahafbg/status/1457665945963532294
  95. There is a Spacebudz ad running on the Nasdaq screen in Times Square right now (November 8-14). https://twitter.com/budzdegen/status/1457706024778014720
  96. The IOHK Haskell course in Ghana will include 80 students! https://iohk.io/en/blog/posts/2021/11/05/empowering-a-new-generation-of-innovators-in-ghana/
  97. A new Cardano NFT store has sprung up mentioning smart contract support and royalties for creators. https://twitter.com/jpgstoreNFT/status/1457548567032184832
  98. Terra Virtua is saying we’ll have our Cardano Summit 2021 NFTs by November 10th. https://twitter.com/TerraVirtuaHQ/status/1457800095101976578
  99. COTI is now talking about news of an IOHK Partnership to be announced on Nov. 10 in addition to the previous announcement of an announcement of the new Cardano Foundation partnership slated to be announced Nov. 10 6pm UTC. https://twitter.com/COTInetwork/status/1458129369482792967
  100. Here’s a beautiful thread explaining how one of Cardano’s big competitor’s tps claims may be HIGHLY misleading. https://mobile.twitter.com/EdnStuff/status/1457875177052643333
  101. The Galaxy Digital paper on Gen 3 blockchains is out. I think some may definitely take issue with their description of the capabilities of eUTxO smart contracts in the Cardano section. https://twitter.com/cardano_whale/status/1458271252993302535
  102. The Catalyst Natives program rolls out with a COTI ADAPay challenge to develop ADAPay plugins for medium & small businesses. https://iohk.io/en/blog/posts/2021/11/10/introducing-catalyst-natives-how-any-business-can-leverage-the-cardano-innovation-engine/
  103. The “Director of Ops” of ENS Domains runs a poll about whether or not ENS Domains or Cardano has more utility. At writing, over 30k voters had surprised him with the answer he didn’t expect.. https://twitter.com/BrantlyMillegan/status/1458268301100990467
  104. IOHK drops a blog entry on optimizing network performance. https://iohk.io/en/blog/posts/2021/11/10/optimizing-cardano/
  105. Looks like we’ll be getting both the PAB & the ERC-20 Converter in the “next several weeks”. https://twitter.com/DanielTetsuyama/status/1458209250950332418
  106. In macro news that could affect Cardano and all of crypto 30 year treasury bonds went vertical, and news of the +6% inflation in the US broke widely. https://twitter.com/CaitlinLong_/status/1458507405675880452
  107. World Mobile dropped a nice youtube AMA for us. Very interesting details came up about Microsoft Airband, Google Project X, and Project Taara. https://twitter.com/WorldMobileTeam/status/1458718340931858435
  108. Weiss highlights that Cardano addresses participating in staking have grown by 100k in two months. https://twitter.com/WeissCrypto/status/1458845224671887362
  109. The Cardano Summit 2021 Terra Virtua NFTs have arrived. Check your inventory if you did all the tasks in the Summit’s virtual worlds. https://terravirtua.io/inventory
  110. Pavia dropped a more detailed roadmap with live events scheduled for the plaza in Q3 2022. https://twitter.com/Pavia_io/status/1459246398046674945
  111. Charles is back in Colorado and has dropped a full AMA. https://youtu.be/nnDWc6uP6gs
  112. The November mid-month IOHK Development Update is now out! https://twitter.com/InputOutputHK/status/1459250049414799368
  113. Seeing reports that Cardano’s 24 hour volume recently exceeded Ethereum! https://twitter.com/cardano_daily/status/1460238659098005504
  114. We’ve seen a very nice and steady rise in transactions over the last 15 days! https://twitter.com/WillyzPortico/status/1460221046112456704
  115. The January Haskell class in Ghana will include 80 students! https://twitter.com/IOHK_Charles/status/1460259961313837058

~Army of Spies