[Daily Discussion] Monday, March 09, 2020

Thread topics include, but are not limited to:

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

Thread guidelines:

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

Other ways to interact:

• 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

[Altcoin Discussion] Monday, March 09, 2020

Thread topics include, but are not limited to:

• Discussion related to recent events
• Technical analysis, trading ideas & strategies
• General questions about altcoins

Thread guidelines:

• Be excellent to each other.
• All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
• This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
• No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:

• Get an invite to live chat on our Slack group and check out the #altcoins channel
• Daily Discussion for bitcoin only: Daily Discussion
• Prior Altcoin Discussion: Altcoin Discussion

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A Short OPSEC Guide For Noobs!!!!

Nicked This Somewhere Not Reddit!!!!

A short, but simple OPSEC guide for newer members.

Written By CriticalMass!!!!

Hey gang;

These are tips you here a lot when browsing forums like TMG or The Hub. But I feel it would be good to make a thread so new members can understand a bit of opsec and will not need to ask much questions.

1. Set security slide to safest. Disable javascript too at about:config, search javascript.enabled, it will say true so click it to say false. That will disable java for you.

2. Don't use windows or mobile devices, because windows and mobile devices both track you and can be backdoored easily. Use a security-minded OS such as Tails or Qubes and Whonix.

3. When buying, use XMR and PGP. XMR is an anonymous cryptocurrency which is untraceable, unlike bitcoin. And PGP can encrypt communications so only you and the person your talking to see what your both saying. Other words, anonymous communications. Also, never use fake names or false addresses either, it will increase the risk of packages being caught.

4. Never give out any personal info. Any info you give of yourself can be used to create a profile of yourself for lea investigators. Be as anonymous as you can, make sure no one knows who you are in real life or what you do in real life.

5. PGP-verify urls. This is to avoid phishing, phishing is common, and PGP-verifying market or forum links can prevent that as well as using only dark.fail and darknetlive.com to get your links.

6. Never, EVER use clearnet emails or emails in pgp keys or forum accounts. Emails are not needed for market or forum usage, especially the likes of Gmail, YahooMail, or other clearnet emails. And yes that includes protonmail because they cooperate with lea investigators.

If there are anything I missed, please list down below. I hope this helps newbie members get their start.

23 new cases of COVID-19 linked to a Boston Biogen event, but MIT held its Bitcoin Expo anyway

https://amycastor.com/2020/03/08/news-covid-19-shuts-down-crypto-conferences-libra-activates-plan-b-investor-sues-bitcoin-miner-canaan/

craigD chest.

so, with the 800k bitcoin. why wait till the court case to dump. i mean.

imagine he flat lining it right before the end for shits. lol.

i mean lets be real here. 10 x leverage on 800k, first who can front that. (i'd love to meet em)

(who cares about the other 1.1 mil in case)

and second, this is funny. cause the case has nothing to do with anything.

if it is the case, i mean, you all know it's obvious i can see with my eyes what bsv is doing, but the rest, uhm...... yeah, what are they gonna do when transactions at .00001 penny and shit. like wtf are they thinking. it obsoletes everything. so like .... yeah,

maybe it is him who dumps the market on btc over and over, i mean he has the cash to do it.

long term play, f em all these years long. and one day. hello bsv. not sure how court case has anything to do with this at this point.

​

did i miss something along the line. i just remember a series of events.

Shower thought: Decentralized Cryptocurrency Needs a Charter to Define It

It has been said cryptocurrency coins, like Bitcoin, would be worth either millions or zero in the future. The model is a work in progress, only slightly more solid than a novel experiment with each passing day. We learn as we go forward passionately into an unknown future.

Bitcoin Cash, as we all know, is meant to be a continuation of the original Bitcoin project. Should Bitcoin Cash (BCH) even need to exist? We're now in the midst of yet another community crisis (over leadership and the IFP) and I realized much of the problem we're having may stem from not having ever recognized a formal "charter".

A charter is a sort of legal writing which defines a body. Let's review this in the context of cryptocurrency.

I believe a charter should be written into the genesis block of any given cryptocurrency, so all parties looking to find consensus have an unambiguous reference. What we've been doing is instead using software as the guiding principle. That's wrong, because empowering the software means empowering the recognized creators of the software. Take a look at history:

Bitcoin BTC

The Bitcoin white paper defined Bitcoin, but it didn't do so in clear enough fashion. It left some items open to interpretation. It doesn't explicitly say there should be no limit or some formula used to determine block size. It doesn't even specify a total number of coins. Instead the cryptocurrency community has always looked to software to determine what formed consensus. This opening allowed disputes to result in community and chain splits, and inconsistent resolution of group ticker award.

This allowed Bitcoin Core to control Bitcoin BTC, add in SegWit and limit blocks permanently to 1MB. While none of that is in the white paper, the fact is most exchanges and most of the crypto community recognizes that blockchain as the original "BTC" Satoshi created.

Ethereum ETH

Ethereum famously split when a smart contract bug allowed someone to divert funds away from what investors thought they were funding. The mantra of Ethereum was always 'the code is the law' without adding an exception for flaws or bugs. However, Ethereum split and the ticker did not go to the 'code is the law' group, but instead with the recognized software from the recognized leader, Vitalik Buterin. Here again we see random dispute resolution. Communities split to resolve disagreement, but always in messy, unpredictable and inconsistent fashion, harming confidence in the crypto model overall.

There must be a better way.

Clear Charters

Now imagine the Bitcoin white paper said there was to be a 20MB block size until the year 2020 and an "adaptive" block size, one controlled by miners which could increase by some formula thereafter. Would the Core devs have ever been able to win the BTC ticker if that was written in the genesis block? No way! The reason is the emerging consensus would clearly be compelled to center on what everyone believed everyone was signing up to. A clear charter eliminates ambiguity and along with it the associated room for messy, inconsistent chaos.

Hindsight is 20/20. We can't rewrite the white paper, but we can learn from mistakes and maybe even cushion damage from future problems.

As relates to Bitcoin Cash it's unfortunate that we never had a clear charter. However, I wouldn't say we've left absolutely everything open to interpretation. I believe there is enough evidence in existence to make a case for what should be seen as more likely defining Bitcoin Cash. I propose this starts with the white paper as the outline, and extends to the roadmap everyone has said from day 1 they believed in. The IFP isn't on the roadmap. For that reason I don't believe it could ever be said to be representative of consensus "Bitcoin Cash".