Weekly /r/DesMoines Events Thread for the week of October 20, 2019

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

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

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

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

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

Bar Map

THANKS FOR HELPING US CROWDSOURCE THIS

Trivia Nights:

• First Monday of the month is Mona's Pub Quiz at The Lift

• Benchwarmers in Ankeny on Mondays

• Tuesdays at Blue Moon in WDM - starts at 8

• Wednesdays at Fireside Grille in Altoona -starts at 8

• Trivia Thursdays at The Ingersoll Tap.

• Tuesdays at Quinton's

• Gas Lamp has triva on Tuesday

• Tuesdays at Basement Bar at Des Moines Social Club

• There's trivia at The Beer House in Urbandale on Wednesdays, 7pm. Also at F&O's on Fridays, 9pm

• Tuesdays at Wellman's Ingersoll

• Geeks Who Drink at Red Monk is actually trivia. They do have specials, but the main event is trivia.

• Wellmans Pub on Ingersoll has trivia Tuesday night at 8

• Trivia at Thunder Head in Ankeny every Tuesday

• Trivia at the Keg Stand, Thursday nights (I think it starts at 8:30?)

• Hi, I'm the owner of Mad Meatball Pizzeria & Pub, located at 401 SE 5th St in Des Moines. We have Trivia every Wednesday at 7:30pm. The Special for the Trivia AYCE Wings for $10 from 7-10pm and $1 off all craft and import beer.

  Drink Specials:

• 2 for Tuesdays @ the Flying Moose every Tuesday all night (Also, 2 fers every day until 8pm)

• Beechwood has 2 for 1 on tuesdays.

• Tuesday night is dollar domestic bottles at Streetcar 209

• Quintons: Thursday Half off all drinks

• Quarter beers at both Flying Moose and Mickey's Clive on Weds

• Wednesday is geeks who drink at the red monk

• Lift has $3 draws on Thursday

• First Wednesday of every month there is a bottle share at 515 Brewing @ 6

• Wacky Wednesdays at Hero's on Court Ave are 2 for 1's all night each week

• Sunday nights at Lime at Lime Lounge in the East Village has live Hip Hop acts and DJs, no cover, 2 for $5 wells, 2 for $10 martinis and mojitos, 3 for $7 lime drop shots, and a $1 well drink power hour

  • Tuesdays they have trivia at The Hall in Valley Junction too. Starts at 7.
  • Smashpark in WDM has trivia at 7 and 8 on monday nights

  Weekly Open Mic night:

• Gas Lamp now does karaoke on Tuesdays (with a live band for you to sing with!).

• Tuesday night comedy open mic at Lefty's Live Music at 8pm.

• open mic every Tuesday at Luckys at 8.

• Friday night at the Beechwood is free stand-up comedy.

• Acoustic music open mic at AJ's on East Court, Sundays at 4pm

• Free Killer Queen at Up-Down every Thursday!

• There is trivia at The Ducktail Lounge on Sunday’s.

• Open Mic Thursday at Java Joe's Downtown at 7:30

  Other Ongoing Events:

• Blues Jam Band every Tuesday at Carl's Place, $3 tallboys

• Des Moines Bitcoin and Blockchain MeetUp at Gravitate in West Des Moines - 2nd and 4th Thursdays of each month (eg Oct 25th) at 7:00pm

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

This week at Ferrum Network October 20, 2019

Dear Community,

After taking a few weeks off from the weekly update (apologies but we have been very busy professionally and personally), we are back with some exciting updates to share with you.

Here is some of what we have been to the past few weeks.

Business Update

• We announced our project wallet addresses;
• Updated our roadmap;
• Confirmed our 4th exchange listing (to be announced soon);
• Continued to lay the groundwork to expand our fiat gateway and payments product into another market.

Tech Update

Rather than explain what we are doing, we thought we would show you a sneak peak of the staking UI that is being worked on.

​

https://i.redd.it/q35iy8qvkqt31.png

Aside from the staking, we have been working on another Kudi Update v1.0.8, hired two more devs, and continued to work on UniFyre Wallet.

Kudi Update

Kudi team has been hard at work acquiring users and signing up merchants. Here are some of the most significant developments.

• We successfully installed and trained 10 merchants this week on the Kudi Exchange POS.
• We have signed a total of over 100 Merchants.
• First Kudi Rebrand is underway. This should be concluded before the end of the year.
• Kudi Update v1.0.7 has been completed. At the moment we are currently test running v1.0.8.
• Video coverage for all events we organized so far is in production.
• Apple IOS application has been submitted and is pending. We are hoping to conclude that as soon as possible.

As a final note, we understand October has been relatively slow. This is by design. We have a lot of exciting things planned for November and December, and we are looking forward to sharing them with you!

Thank you all for your continued support of Ferrum Network.

Very truly yours,

The Ferrum Network Team

Ferrum Network Links:

Website: https://ferrum.network/

Telegram: http://telegram.ferrum.network

Twitter: http://twitter.ferrum.network

LinkedIn: http://linkedin.ferrum.network

YouTube: http://youtube.ferrum.network

Reddit: http://reddit.ferrum.network

Bitcoin Talk: http://bitcointalk.ferrum.network

Facebook: http://facebook.ferrum.network

Github: https://github.com/ferrumnet/

Instagram: http://instagram.ferrum.network

[uncensored-r/BitcoinMarkets] The spot market impact of the Bitcoin halving - A detailed discussion

The following post by Academic_Crypto is being replicated because some comments within the post(but not the post itself) have been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ BitcoinMarkets/comments/djy1eg

The original post's content was as follows:

---

I am still working on my piece about what the true impact of a "halving" event in terms of the inflation of a cryptocurrency like Bitcoin is. That will come at some point in the future and will be furnishing with a model, rigorous analysis, and plots and things. In the meantime I have some thoughts that I would like to share in what should be about a 15 minute read. I will first present some general background, then a Bearish and Bullish perspective for the halving event. Finally I will share my own opinion about the impact of the halving.

----------------------------------------

Background:

​

Suppose that Bitcoin as a network has some fundamental fair value. The question about whether the current market respects Bitcoin's fair value is irrelevant, we are just concerned that a fair value for the network is coherent and exists. This discussion will largely focus on how the halving impacts fundamentals despite the opinion that the market might not always respect them.

The current supply is 18M coins, but in practice, is probably closer to about 13M coins given the coins that are believed to be lost / orphaned. In the next twelve years or so, another 3 million coins will be generated which will increase the actual realized supply by about 20%.

The Bitcoin network enjoys security from mining. We can quantify the price of forking Bitcoin and re-writing the ledger as the cost of obtaining a near-majority share of the network's hash power. If we assume that the mining ecosystem today is basically honest or at least interested in the long term success of Bitcoin, then the cost of an adversary (such as some nation-state) to come in and obtain a majority hash power in the network is proportional to how much Bitcoin pay's its miners.

​

​

------------------------------------------

Bearish Perspective:

​

From the point of view of miners, an average block is earning about 0.08 BTC from transaction fees these days with a coinbase reward of 12.5 BTC. This means that miners obtain roughly 99.4% of their income from the coinbase reward that inflates the currency, and 0.6% of their income is from transaction fees. That means that the security of the network is being paid for by users who hold the currency via inflation, and not by people who use the currency for transacting.

When the block reward is reduced from 12.5BTC to 6.25BTC, a few things could happen for miners. Let us consider the different possible outcomes:

​

(1) The transaction fees stay roughly the same and so the total income of miners is approximately cut in half (in BTC terms). If the fiat price of Bitcoin remains constant, then this outcome implies that the security (in terms of USD) of the Bitcoin network would also roughly be cut in half.

(2) The total income of miners stays the same in terms of BTC. This implies that the transaction fees will increase by about a factor of 50x as the burden of funding the network's security shifts from those who hold the currency to those who use the currency. The long term vision of the protocol is to eventually fund the network entirely using transaction fees.

(3) The total income of miners in terms of BTC drops, but the transaction fees also increase in a combination of (1) and (2).

​

What gives Bitcoin fundamental value is up to debate, but it stands to reason that the network's value is positively correlated with both its application for payments as well as its security (with respect to censorship) and consistency. Outcome (1) for miners implies that the security of the network will decrease dramatically as a result of the halving event. Outcome (2) suggests that Bitcoin may become extremely expensive to interact with it as transaction fees will grow immensely in terms of BTC which should also negative impact fundamentals.

​

​

-----------------------------------------------

Bullish Perspective:

​

(4) Perhaps the most obvious bullish argument for the halving is that inflation applies an economic pressure that decreases the value of each unit of currency and so decreasing inflation reduces this pressure. A lot of users choose to think of this pressure as coming from miners selling or "dumping" their coins on the market, but really this is just a matter of supply and demand. If the market capitalization of Bitcoin remains constant, i.e. the market has settled on some fair value for the network, then with each passing day a coin represents a smaller fractional ownership of the network and is therefore worth less.

(5) A bullish counter-point to outcome (1) raised above is that the fundamental value the network derives from mining and security may not be linear. For example, if we double the amount of money that the network spends on mining through new coin production and transaction fees, the network might not be twice as good. At some point, the security of the network is good enough and we have hit diminishing returns on increased spending on mining. If we are currently in that state, where Bitcoin is over-spending on mining, then decreasing that spending to reduce inflation should be a bullish thing.

(6) While not specifically related to the halving event, changes in fundamentals and deflation from lost currency compete with pressure from the inflation rate. Every day as users interact with Bitcoin, coins are lost due to death, faulty hardware, negligence and more. This puts a deflationary pressure on the currency as the effective supply is in constant decline. Additionally, aspects related to the adoption of Bitcoin, its normalization in our society, the regulatory structure surrounding it in major countries and more all contribute to the fundamentals and eventually price. It is possible that the price of Bitcoin is at a delicate tipping point where modest but constant improvements in fundamentals as well as deflation from lost currency is currently very carefully balanced by inflation, and a reduction in inflation will tip the markets into a bull-cycle.

(7) It is entirely possible that the price of Bitcoin is largely inconsiderate of fundamentals. The idea of a currency with a guaranteed fixed supply is both an easy narrative to understand and also emotionally compelling. Cryptocurrency market bull cycles are largely characterized by extreme cases of FOMO and so news about adjustments to inflation seem like a perfect catalyst.

(7.1) Another bullish argument is to recognize that (1) and (2) are both very real concerns that should negatively impact the fundamental value of Bitcoin, but that a bull cycle fueled by the narrative of decreased inflation would cause an increase in the USD price of Bitcoin, and so although miners may be compensated less in terms of BTC, their income in terms of USD may hold constant or even increase, leading to an increase in fundamental network value. This would be a "fake it till you make it" outcome for the halving.

​

​

-----------------------------------------------------

Neutral Perspective:

​

(8) In terms of who pays miners for the security that the Bitcoin network enjoys, there is a balance between holders, people who own the currency, and spenders, people who generate transactions on the network that pay fees. At the inception of Bitcoin, holders paid nearly all of the money responsible for funding mining with early transactions being accepted with no fee at all. Eventually, Bitcoin is programmed to operate with mining funded entirely by transaction fees with no inflation imposed upon holders. Somewhere in this spectrum of trade-offs there is an optimal configuration which maximizes the fundamental value of the network.

(9) It is possible that the network is in its most valuable configuration at the limit where transaction fees are entirely responsible for funding security. With each shift towards decreasing the contribution from holders we are inching closer and closer towards a more valuable network. These events will each correspond with an increase in market capitalization.

(10) It is also possible that the final configuration which funds mining exclusively by transaction fees is unstable. The seasonality of Bitcoin transactions along with the increased friction of payments may lead to a network with poor security properties which causes fundamentals and therefore market capitalization to decline. Miners already operate with an unprecedented amount of volatility and perhaps they really depend on their BTC income to be stable in order for their operating risks to make sense. Under these concerns it stands to reason that the most valuable configuration of Bitcoin has some fraction of miner income coming from inflation via new currency generation. Under this assumption, the value of Bitcoin should increase as we approach this configuration and decrease as we move further away, so then the open question is, "Is this optimal configuration in our past, present, or future?"

​

-----------------------------------------------------

My Perspective:

​

I am partial to (1) playing out, which is that the total revenue in terms of BTC paid to miners for each block after the halving will be only slightly more than half of what they are being paid currently. I believe that this negatively impacts fundamentals and I disagree with (5) in so far I do not believe that Bitcoin has hit significant diminishing returns in network security. ...

Daily analysis of cryptocurrencies 20191020(Market index 37 — Fear state)

​

https://i.redd.it/gulhrz47npt31.jpg

DApp Review: Zero DApp Added
Citing data by DApp Review, as of 09:00 on October 20 (UTC), there are 1,984 ETH DApps, 615 EOS DApps, 589 TRON DApps and 36 IOST DApps.
1. Top 3 ETH DApps by user volume in the past 24 hours are: Playtowin.io (1,014), HyperSnakes (690), and SuperPlayer (668).
2. Top 3 EOS DApps by user volume in the past 24 hours are: hashbaby (44,791), ADM (17,667), and Dice (9,102).

Many Countries Have Cautioned On Rushing Into Cryptocurrencies: Sitharaman
Many countries have cautioned against rushing into crypto currencies, Union Finance Minister Nirmala Sitharaman said on Sunday (Oct 20), as Facebook’s proposed cryptocurrency Libra became a buzzword during the annual meeting of the International Monetary Fund and the World Bank.
In fact, Reserve Bank of India (RBI) Governor Shantikanta Das spoke about cryptocurrencies during one of the interventions this week. The RBI has banned the use of cryptocurrencies in India.

Telegram Writes Investors To Counter FUD Before Feb. SEC Hearings
In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.” The letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of hearings until Feb. 18–19 is good news while maintaining that the company will not be distributing Gram tokens until that time.
In their own words: “Telegram views this development as a positive step towards resolving this matter through the court system in an expeditious manner, and we and our advisers will be using the time to ensure that Telegram’s position is presented and supported as strongly as possible at the February hearing.”

Bittrex International Halts Service In Venezuela And 30 More Countries
Bittrex International, Malta-based international unit of United States’ crypto exchange Bittrex, will cease operations in Venezuela and 30 other countries.
In an email to Venezuelan customers, Bittrex International announced that the exchange will halt account and trading access to users on Oct. 29, asking them to withdraw their funds with the exchange before that date, Cointelegraph en Español reports on Oct. 19.

Encrypted project calendar（October 20, 2019）

GameCredits (GAME): 20 October 2019 (or earlier) Mining Reward Drop GameCredits mining reward will be cut in half at block 2519999 (~October 20). This will be the 4th halvening of the GAME mining reward!
Aeternity (AE): 20 October 2019 Starfleet 3 App Deadline #Starfleet3 is happening in Malta and you have by October 20th to apply!
FN/IPFS&Filenet: IPFS&Filenet (FN) will be launched on the UP project Filenet (FN). The UP subscription time is from 14:00 on October 20, 2019 to 18:00 on October 20, 2019.

Encrypted project calendar（October 21, 2019）

KNC/Kyber Network: The official online hackathon of the Kyber Network (KNC) project will end on October 21st, with more than $42,000 in prize money.
Horizen (ZEN): 21 October 2019 Sidechains Alpha Release Horizen releasing the alpha version of industry first decentralized and unfederated sidechains.
Horizen (ZEN): 21 October 2019 Updated Whitepaper Horizen releasing an updated whitepaper.
Kuverit (KUV) : IDAX will list #Kuverit (KUV) and open trading for KUV/BTC trading pair. is going to be listed on 21 Oct, at 10:00 am (UTC+8).

Encrypted project calendar（October 22, 2019）

ZRX/0x: The 0x protocol (ZRX) Pantera blockchain summit will be held on October 22.
Locus Chain (LOCUS): 22 October 2019 Public Test Begins Public test runs for three days from October 22nd to October 24th.
IOTA (MIOTA): 22 October 2019 EclipseCon Europe Next week, join Lewis Freiberg, our Director of Ecosystem, to learn how to build an ecosystem around IoT focused distributed ledgers.

Encrypted project calendar（October 23, 2019）

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 23rd at the University of Southern California in Los Angeles with the theme “Connecting the I3 Market and Experiencing Purchase and Sales Data.”
BTC/Bitcoin: The WBS World Blockchain Summit (Middle East) will be held in Dubai from October 23rd to 24th.
Cardano (ADA) and 1 other: 23 October 2019 WBS Dubai “One of a kind gathering of 500+ curated & pre-qualified investors, CEOs, CIOs, CTOs, Heads of Blockchain, Chief Digital Officers
CloakCoin (CLOAK): 23 October 2019 (or earlier) CloakCoin Competition “CloakCoin competition : solve the CloakCoin ENIGMA transaction, 3rd round.”
Loom Network (LOOM): 23 October 2019 Singapore Meetup “Unstack the Stack Series: Loom Network” from 6:30–8:30 PM (SST).

Encrypted project calendar（October 24, 2019）

BCN/Bytecoin: Bytecoin (BCN) released the hidden amount of the Bytecoin block network on October 24.
Horizen (ZEN): 24 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.
ANT/Aragon: Aragon (ANT) Aragon Network will hold the theme “DAO: ICO and DeFi next step” in Hong Kong on October 24th?
DATA/Streamr DATAcoin: Streamr DATAcoin (DATA) Streamr Network Technology Exchange and Project Development Conference will be held in London on October 24th.
Lisk (LSK): 24 October 2019 Coding Workshop — Berlin “During this workshop you will acquire the skills to create custom transactions with the Lisk Alpha SDK using Node.js.”

Encrypted project calendar（October 25, 2019）

ADA/Cardano: Cardano (ADA) The Ada community will host a community gathering in the Dominican Republic for the first time on October 25.
Crypto.com Coin (CRO): 25 October 2019 Live AMA with CEO “Live AMA with our CEO @Kris_HK on @cryptocom’s Twitter next Friday, 25 October, 11AM HKT.”

Encrypted project calendar（October 26, 2019）

KAT/Kambria: Kambria (KAT) Kambria will host the 2019 Southern California Artificial Intelligence and Data Science Conference in Los Angeles on October 26th with IDEAS.
BTC/Bitcoin: CoinAgenda Global Summit will be held in Las Vegas from October 26th to 28th
Horizen (ZEN): 26 October 2019 (or earlier) ZEN 2.0.19 Upgrade Zen 2.0.19 upgrade at block #610000, which is expected around October 26.

Encrypted project calendar（October 27, 2019）

ICON (ICX): 27 October 2019 Money 20/20 USA Event Money 20/20 USA in Las Vegas from October 27–30.

Encrypted project calendar（October 28, 2019）

LTC/Litecoin: Litecoin (LTC) 2019 Litecoin Summit will be held from October 28th to October 29th in Las Vegas, USA
BTC/Bitcoin: Mt.Gox changes the debt compensation plan submission deadline to October 28
ZEC/Zcash: Zcash (ZEC) will activate the Blossom Agreement on October 28th
Stellar (XLM): 28 October 2019 Protocol 12 Upgrade Vote Horizon v0.22.0 has been released, which supports Protocol 12. This gives everyone ample time to prepare for the Protocol 12 upgrade vote
Celsius (CEL) and 3 others: 28 October 2019 Litecoin Summit “…The Litecoin Summit offers two fun, jam-packed days with something for everyone.”

Encrypted project calendar（October 29, 2019）

BTC/Bitcoin: The 2nd World Encryption Conference (WCC) will be held in Las Vegas from October 29th to 31st.
ICON (ICX): 29 October 2019 Decentralization “As a result, the decentralization schedule of the ICON Network has been changed from September 24, 2019 to October 29, 2019.”
Ark (ARK): and 10 others 29 October 2019 WCC 2019 Second annual Blockchain and Cryptocurrency Technology event, World Crypto Conference (WCC), October 29th — October 31, 2019.
Insifa (ISF): 29 October 2019 Prototype Alpha “We from Insifa have decided to be more open. Our Prototype will be developed in scrum. This means new releases every two weeks.”

Encrypted project calendar（October 30, 2019）

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 30th at the University of Southern California in Los Angeles on the topic “How to store data on IOTA Tangle.”
TRON (TRX): 30 October 2019 SFBW19 Afterparty “TRON Official SFBW19 Afterparty from 7–10:30 PM in San Francisco.”
Horizen (ZEN): 30 October 2019 Horizen Quarterly Update Join our first Quarterly Update on October the 30th at 5 PM UTC/ 1 PM EST. Deeper look into Engineering, BD, Marketing, and more.
Aeternity (AE): 30 October 2019 Hardfork “The third hardfork of the æternity Mainnet is scheduled for October 30, 2019.”
Valor Token (VALOR): 30 October 2019 Transaction Fees Resume “It’s September and the SMART VALOR Platform is still waiving transaction fees for all members, until October 30th!”
Aragon (ANT): 30 October 2019 Singapore Meetup “Aragon on DAOs and DeFi” from 6:30–8:30 PM.
Kambria (KAT): 30 October 2019 Outliers Hashed Awards Outliers Hashed awards from October 30–31.
Ethereum Classic (ETC): 30 October 2019 Cohort Demo Day “ETC Labs hosts it’s 2nd Cohort Demo Day. Learn about the companies and project being accelerated through the Ethereum Classic ecosystem.”

Encrypted project calendar（October 31, 2019）

Spendcoin (SPND): 31 October 2019 (or earlier) Cross Ledger Mainnet “Cross Ledger Mainnet Release and SPND Token Swap,” during October 2019.
Spendcoin (SPND): 31 October 2019 (or earlier) Blkchn University Beta “Blockchain University Beta goes live,” during October 2019.
Stellar (XLM): 31 October 2019 (or earlier) Minor Release “We will have 6 Minor Releases in 2019; one each in February, March, May, June, August, and October.”
Bitcoin SV (BSV): 31 October 2019 (or earlier) BSV Conference Seoul No additional information.
Seele (SEELE): 31 October 2019 (or earlier) Public Network Mainne launch has been moved to Oct 31 .
Howdoo (UDOO): 31 October 2019 (or earlier) Howdoo Live on Huawei Howdoo begins its exciting partnership with Huawei with listing as a featured app starting in October.
Chiliz (CHZ): 31 October 2019 (or earlier) App Soft Launch Soft launch of Socios App by end of October.
Dent (DENT): 31 October 2019 (or earlier) Loyalty Program “Afterburner loyalty program launch for all 21,6 Million mobile #DENT users will be in October!”
IceChain (ICHX): 31 October 2019 (or earlier) Wallet Release IceChain releases wallet during October.
Chiliz (CHZ): 31 October 2019 (or earlier) New Partnerships New sports and new teams joining Socios (+more updates and events) will be announced in the upcoming weeks.
Horizen (ZEN): 31 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.
PCHAIN (PI): 31 October 2019 (or earlier) New Website No additional information.
IOST (IOST): 31 October 2019 (or earlier) New Game on IOST “Eternal Fafnir, a new role-playing game developed by INFUN is coming to you in Oct.”

Encrypted project calendar（November 1, 2019）

INS/Insolar: The Insolar (INS) Insolar wallet and the redesigned Insolar Block Explorer will be operational on November 1, 2019.

Encrypted project calendar（November 6, 2019）

STEEM/Steem: The Steem (STEEM) SteemFest 4 conference will be held in Bangkok from November 6th to 10th.

Encrypted project calendar（November 8, 2019）

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th.

Encrypted project calendar（November 9, 2019）

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.

https://i.redd.it/pljxqxobnpt31.png

In the past few days, BTC followed a bearish path below the $8,400 and $8,250 levels against the US Dollar. The BTC/USD pair even settled below the $8,200 support and the 100 simple moving average (4-hours). Finally, there was a break below the $8,000 support and a new monthly low was formed near $7,822. The price is currently consolidating losses and is trading below the $8,000 support.

An immediate resistance is near the $8,000 level or the 23.6% Fib retracement level of the recent decline from the $8,475 swing high to $7,822 low. On the upside, there are many hurdles near the $8,100 and $8,200 levels. Moreover, there is a major bearish trend line forming with resistance near $8,100 on the 4-hours chart of the BTC/USD pair.

Besides, the 50% Fib retracement level of the recent decline from the $8,475 swing high to $7,822 low is also near the $8,150 level. Finally, 100 simple moving average (4-hours) is positioned near the $8,200 level. Therefore, bitcoin price must surpass the $8,100 and $8,200 resistance levels to start a decent recovery. Additionally, a close above the $8,200 barrier and the 100 SMA is needed for more upsides.

Review previous articles: https://medium.com/@to.liuwen

Telegram： https://t.me/Lay126

Twitter：https://twitter.com/mianhuai8

Facebook：https://www.facebook.com/profile.php?id=100022246432745

Reddi：https://www.reddit.com/user/liuidaxmn

LinkedIn：https://www.linkedin.com/in/liu-wei-294a12176/

@binance: RT @Crypto_Potato: Our Brand New Binance Futures Beginner’s Guide & Exchange Review Thanks @cz_binance and @AG_Binance for another great @binance product #crypto #bitcoin $BTC $USDT https://t.co/OB5guCKgjq

https://mobile.twitter.com/binance/status/1185883654620241921

@cz_binance: RT @Crypto_Potato: Our Brand New Binance Futures Beginner’s Guide & Exchange Review Thanks @cz_binance and @AG_Binance for another great @binance product #crypto #bitcoin $BTC $USDT https://t.co/OB5guCKgjq

https://mobile.twitter.com/cz_binance/status/1185886168652496896

[uncensored-r/BitcoinMarkets] [Daily Discussion] Sunday, October 20, 2019

The following post by AutoModerator is being replicated because some comments within the post(but not the post itself) have been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ BitcoinMarkets/comments/dkep2j

The original post's content was as follows:

---

Thread topics include, but are not limited to:

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

Thread guidelines:

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

Other ways to interact:

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