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626nodsquad818 · 5 years ago

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1. Carefully read and accept our Referral Agreement.

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Information

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Learn more about theTrading Bonus and Referral Program

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More details:

* In just one click you can share your referral link via Facebook, Twitter, or Email.

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Detailed Rules

Binance has upgraded our Referral Program! Invite your friends to register and trade on Binance.com, and you and your friends can share up to 40% of the referral commissions from their trading fees.

Rules:

Inviters can choose to share a portion of the commissions received from the trading fees of the friends they invite, as a “kickback”. Inviters can set the sharing rates as follows:

1. If the inviter’s daily average BNB account balance is less than 500 BNB and their base referral rate is 20%, they can choose to share 0%, 5% or 10% with the friends they invite.

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3. Daily average BNB Balance Calculation Rules: here

Effective as of 2019/08/28 0:00 AM (UTC)

Details:

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Important Notice:

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Rules of the Referral Bonus Program

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4. Referral Bonus rate is 20%.

5. KuCoin will issue the Referral Bonus every day.

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blockpaths · 4 years ago

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BITCOIN Was Setup to FALL!! How Far Will it CRASH!?

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Was this BITCOIN Crash a Setup!? How FAR will BTC Go!? Brian Amstrong (Coinbase CEO) tweeted about possible incoming regulations from the US Treasury Department. Weren’t the two just FRIENDS!? What is going on!? Tune in to find out!!

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Is There Really A Global BITCOIN Shortage!?

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**Disclaimer** Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.

The post BITCOIN Was Setup to FALL!! How Far Will it CRASH!? appeared first on BLOCKPATHS.

source https://blockpaths.com/commentaries/bitcoin-was-setup-to-fall-how-far-will-it-crash/

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goldira01 · 5 years ago

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After an incredibly disappointing year in 2018, Bitcoin woke from hibernation in early April 2019 and rallied with vengeance toward a yearly all-time high at $13,800. Alas, all good things must come to an end and such was the case for Bitcoin as price became overextended and began to retrace.

Bitcoin’s current malaise in the $7,800 to $8,500 range has produced a variety of price estimates on where the digital asset might go as the 2020 Bitcoin halving event approaches. This week Cointelegraph spoke to veteran trader and Bitcoin expert Tone Vays to prod his brain about the current state of Bitcoin and his thoughts on the future of the digital asset.

Bitcoin price

filbfilb: Tone, it feels like a bit of deja-vu; you’ve been calling for a descending triangle breakdown and here we are again. Last time it resulted in Bitcoin completing an 85% retracement of the parabolic advance into the low $3,000s.

A similar breakdown this time would put us back at around $5,000 which isn’t too far from the triangle breakdown target. So with this said, where do you think we are heading?

Tone Vays: I think we are headed for the low $7,000 area but if that area cannot reverse the price quickly and we consolidate there the way we are now doing in the low $8,000s then $5,000 becomes a reasonable and likely target.

FF: Do you think it’s possible we could head even lower to new 2019 lows?

TV: Yes, I am one of the few that have never trusted this run-up to $14,000 and felt it was not organic even though my good friend Willy Woo is able to explain it from a fundamental perspective of on-chain volume. I give it a 20% chance that we fall back to the low $3,000 area or even make new lows for a short period of time.

FF: What is your price expectation for the end of this year?

TV: I think the price will be around $7,500 to $8,000 at year-end but rising into that area. However, these year-end predictions only have two outcomes. Being praised for a good guess, or being made fun of for being wrong. This is what I’m thinking this moment, tomorrow it might change.

BTC/USD Daily Chart. Source: TradingView

Block reward halving

FF: I would like to ask your view on the block reward halving due to occur next year. There seems to be a new-found consensus that the Stock-to-flow modeling which implies that there is a direct correlation between a reduction in the inflation rate and price increase over time confirms that Bitcoin might be worth $100,000 sometime after the halving event. What is your view on the model? is it useful?

TV: I do like the Stock-to-Flow modelling, it makes sense but on a longer-term scale, I do not see it being useful to analyze bitcoin in the short term as its price discovery is dominated by speculators in an illiquid and immature market.

FF: $100,000 for Bitcoin seems like a tall order and it would push Bitcoin over a $1 trillion market cap. This means Bitcoin would begin to encroach on the space occupied by the Gold market.

Do you think $100,000 is achievable under the right circumstances over the next couple of years?

TV: I do think that $100,000 for a Bitcoin is achievable after this upcoming halving, but remember, we will have 4 more years until the next halving sometime in February or March of 2024.

If Bitcoin is to hit the $100,000 vicinity, it will most likely be late 2023 as speculation rises going into the next halving. Like all other unsustainable exponential rises however, I can also see it falling back down to $20,000 to $25,000 area for another major correction. Remember, the faster we rise, the harder we fall.

FF: What sort of fundamentals would be necessary to get us there from a technical point of view (developmental or other)?

TV: I am keeping an eye on several global catalysts that can drive Bitcoin’s value to $100,000 even tomorrow:

Back in 2013, we had the Cyprus banking crisis, then in 2015 the Greek banking shutdown. If similar events in Europe are to repeat I think it will drive Bitcoin sky high.

Just imagine if the Brexit vote takes place in a country actually on the Euro like Italy or Spain, their citizens will rush into bitcoin for financial safety.

The continued war on cash, tax evasion & money laundering. As more and more Developed nations try to eliminate cash and implement negative interest rates, this can drive many people into Bitcoin.

Within our own space, there is still plenty of people invested in shitcoins. I had greatly underestimated how much Bitcoin would rise in 2019 with a small group of major shitcoins like Litecoin, Ether and XRP.

Even though Bitcoin is already at 70% dominance, Ethereum still takes up another 20%. Once people fully realize how useless and unstable that project is, a mass exit out of Ether can actually drive Bitcoin very high due to Bitcoin’s low liquidity to handle a run on the Ethereum bank.

BAKKT

FF: The physically settled Bitcoin futures product offered by BAKKT implies that there may be some underlying demand expected by institutional players for Bitcoin exposure.

Do you think this is a ‘build it and they will come’ venture or do you think they are aware of pent up underlying demand for exposure to Bitcoin?

TV: I do think the “build it and they will come” view for BAKKT is reasonable but don’t confuse it with “launch it and they will rush to your door” like a new iPhone. I do not see a difference between physically settled futures and buying your Bitcoin from Coinbase.

If CME did physically settled futures from the start that would have been interesting, or if BAKKT created an exchange for centralized liquidity the way stocks work and turned companies like Bitstamp into brokers, that would have also been interesting.

FF: A lot of people are suspicious of the project in the sense that some speculate it could be used to manipulate Bitcoin’s price. What’s your view on the product, do you think it’s overall bullish for the space?

TV: I think the best part about BAKKT is that it makes Bitcoin more financially and legally acceptable. With every regulated & respected financial institution that gets approval to work with Bitcoin it makes it harder and harder for governments to criminalize its use the way they do with cannabis in most countries.

As for direct effects, there is nothing that BAKKT is doing that has not already been offered by CME, Coinbase, Kraken, Gemini and Fidelity. Combining parts of what other companies do well into one is not innovative and does not guarantee success.

As for manipulation, this is what people say when they lose on a trade. Sure big companies will try and take advantage when they have power and that is why they should be watched by regulators, but if you want to talk true manipulation, let’s talk about diamond prices. How come I can’t trade those futures in a free market like say corn, gold or Bitcoin?

Altcoins

FF: You’re a well-known skeptic of altcoins (to put it lightly) and you have consistently asked about their questionable legal status. Do you still think financial regulators will ultimately catch up with these projects?

TV: If I was answering this question a week ago I would have said yes, but after seeing the $24 million fine to EOS creators by the SEC as they raised $4 billion through an unregistered security of their scam token, it’s basically the green light to break the rules with a slap on the wrist and not even a warning to not do it again.

FF: Has it been damaging for Bitcoin overall?

TV: No, Honey Badger don’t care. Eventually, people will realize how dumb all these other coins are and that value will flow back into Bitcoin.

FF: Do you think Facebook’s Libra Project will ultimately navigate their way through the regulation and launch a product to the public? If yes, will it be competition for Bitcoin?

TV: I honestly don’t know, I believe that they will eventually launch it but it will not be competition to Bitcoin. It will not have any of the qualities that give Bitcoin value like unconfiscatability, censorship-resistant value, transfer and money hardness to rival gold governed by decentralization and math.

Facebook’s Libra is no different than the current financial system but instead of a government appointed officials deciding how much to print, it will be a centralized group of private companies. They will always have the ability to censor transactions and confiscate/freeze your funds if they feel like it or told to do so by the government.

What’s the future for Tone Vays, the careerman?

FF: You seem to be all over the place. What’s the most exciting thing you’ve got lined up in the next six months?

TV: I am very excited about The Financial Summit in Bali. It’s a small event I decided to do to connect young traders with hedge funds that can take their strategies to another level.

The event also has an investing and trading education component for high net worth individuals and miners looking to navigate the financial markets. The event is almost sold out so I might need to do another one in 6 months in the Caribbean.

Besides that, we have the 2nd annual Unconfiscatable Conference & Poker Tournament coming up in Vegas on February 20-23. We will also be bringing back Understanding Bitcoin to Malta in May but no details on it as of yet.

It’s a really exciting time for Bitcoiners!

#Timor Invest

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cryptswahili · 6 years ago

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What Not To Do After Investing In Bitcoin & Other Cryptos

Bitcoin is a piece of stellar technology and undoubtedly one of the best investment options out there. Of course, it’s not a low-risk investment, but if you’re smart about it, it pays off well. In the past one month, the price of Bitcoin has grown by 130%, which is remarkable.

If you have not started investing in Bitcoin, then you should really consider doing it now. If you don’t have a lot of cash with you, you can always buy a small amount of Bitcoin to start with. Like any other systematic investment, you can invest a small amount every month.

There are many ways by which you can invest in Bitcoin:

Buy bitcoins and hold them for a few months or a few years.

Learn to day trade (high risk).

Invest in Bitcoin mining (I don’t recommend this).

Lend out your bitcoins (again, high risk).

The best thing to do is number 1 – buy in and hold onto your bitcoins for a while.

For now, I will assume that you are someone who has already invested in Bitcoin or is planning to invest soon. To ensure your security, there are a few things you need to watch out for.

Note: This post is useful for both beginners and experienced users.

Things Not To Do After Investing In Bitcoin

1. Don’t tell the world – “Hey! I got bitcoins!”

The biggest mistake that most newbie Bitcoin investors make is telling everyone about their investment. It’s ok to educate people and tell them about Bitcoin and let them know how they can get started with Bitcoin. But shouting about how many bitcoins you own is a big risk.

Here is a scenario you need to consider:

Let’s say Ryan purchased 100 bitcoins (costing $10) in 2011. In September 2017, that same $1,000 investment is now worth over $400,000 dollars. People who remember him talking about his 100 bitcoins purchase have already told their friends about Ryan’s good fortune. While Ryan may have trusted his friends, he doesn’t know who his friends are talking to. Many of them might want to take extreme steps to get ahold of that money.

In short, since Bitcoin is not controlled by the government or any 3rd party, your security is ultimately in your own hands.

Image credits: FactorDaily

Believe it or not, such incidents have actually happened. You can read about some of them here and here.

So do yourself a favor… don’t tell the world about how many bitcoins/cryptos you own.

2. Don’t keep Bitcoin in exchanges.

Alright, so you have purchased Bitcoin from one of the popular exchanges like Coinbase, CEX, or any other exchange.

Most of these exchanges offer free wallets inside the exchange where you can hold your Bitcoin. However, you should never keep your coins in these free wallets for more than a day or two. In fact, I recommend you transfer it to your own wallet ASAP.

Wondering why?

Again, Bitcoin is not regulated yet, and most of the exchanges’ T&Cs state that you are responsible for your own financial security. In the past, a few exchanges were hacked, and many users lost their coins.

If you want to read about one such scandal, here is an interesting Wiki page about the infamous Mt. Gox scandal.

Mt. Gox was not the first time, and it will not be the last time. And unfortunately, you can’t do much after losing your bitcoins.

Once they’re gone, they’re gone for good.

So, Harsh, where should I store my Bitcoins?

Glad you asked. Here are my suggestions:

If you hold a decent amount of Bitcoin (over 1BTC) and want to store it for a long period of time, you should get a hardware wallet like the Ledger Nano S. Such wallets to cost around $70-$90, and are the best ways to keep your holdings secure.

If you are holding under 1BTC, then you can use mobile wallets like MyCelium and Coinomi.

You should ultimately be the owner of your private key. If you don’t own private key, that means you don’t own your Bitcoin. You can read about private keys here.

Do remember, this suggestion is only valid right now when Bitcoin’s price is around $4000. If the price goes up (you decide how much is a high price for you), you should never store Bitcoin on exchanges for any amount of time. Instead, immediately transfer your holdings to a mobile wallet or a desktop wallet. Again, if you own a lot, getting Bitcoin hardware wallet is a good idea.

Alternatively, you can create a paper wallet. Paper wallets are free and highly secure. But they take a lot of time and require a little technical know-how.

Also see: What are HD Wallets? (Deterministic Wallet)

Summary of this section: Don’t ever leave your Bitcoin on exchanges.

3. Don’t monitor Bitcoin prices daily, or even weekly.

Treat your Bitcoin investment like any other investment; monitor the price, but not so frequently that it becomes an obsession. Many users get into Bitcoin thinking they will get rich quick, which can be true due to its high volatility.

However, this volatility also means the price could go down significantly in the span of a day or two. This may make you panic and sell all of your Bitcoin. This is one of the biggest mistakes that one can make. Moreover, monitoring the price regularly will create anxiety, and you will lose a lot of focus on your regular tasks.

Now, if you’re a day trader or seasonal trader, then this is an exception. However, if you have a full-time job or some other responsibility, treat your investment into Bitcoin as you would any other investment – focus on the long-term gains instead of the short-term fluctuations.

If you want to monitor the price, you can use apps like CoinCap and set up price alerts. This way, you will get push notifications when the Bitcoin price hits your target, and you will not miss out on knowing the milestones of Bitcoin’s bull or bear race.

4. Don’t rush to tell your girl/boy about your Bitcoin investment.

So you are dating the most beautiful girl in the world, and you plan to marry her. Would you tell her about your Bitcoin investment?

This is similar to number 1, but there’s an additional problem here that needs to be addressed.

In many countries, divorce is very common, and what comes with divorce, often, is a loss of a considerable amount of your assets. The laws about Bitcoin assets are identical to the laws governing all other types of assets regarding marriage.

I’m not a legal counselor, but I would advise you that you should not immediately rush to tell your future better half or recently married wife/husband about your Bitcoin assets. It can wait, and you will eventually let him/her know because you want your family to experience the freedom that your Bitcoin investment has given you.

My suggestion is to not hide the information that you hold a considerable amount of Bitcoin, but just let a few years pass by before you willingly divulge that information.

This is to ensure your safety if you live in a country where asset division is standard after a divorce.

If you are worried about what will happen to your Bitcoin investment if something terrible happens to you, in that case, you can create a step-by-step guide about how to access your Bitcoin in a locker that your partner can get to in case of any drastic event.

Disclaimer: In many countries, this tip doesn’t apply. However, based on your country and situation, make a wise decision.

5. Don’t tell your friends/relatives where your recovery phrase is.

Recovery phrases are the 12-24 word long seed words which you use when setting up your wallet. The rule of thumb is to keep this recovery phrase as secure as possible.

If you must, you can give half of the seed key to one person and the other half to someone else.

However, it’s important that you don’t tell anyone where have you kept your Bitcoin recovery phrase. It’s like telling someone where have you hidden your gold.

You can even use a brain wallet and memorize your seed or recovery phrase, but this is risky. If you do choose to go this route, make sure it’s IMPOSSIBLE to guess.

Because human beings are generally very predictable, anybody with a bit of social engineering skills can usually find out your recovery phrase, and you will end up with nothing.

What Not To Do After Investing In Bitcoin

Here is a quick summary:

Don’t tell anyone that you have Bitcoin (including your partner).

Don’t leave Bitcoin on an exchange. Move it to a wallet like Ledger, Trezor, or Coinomi.

Don’t monitor Bitcoin’s price daily.

Don’t tell your recovery phrase to anyone.

Some of these tips are pretty obvious, but they need to be said over and over again. Many people make stupid mistakes, and it’s best to avoid any potential problems before they arise.

Do you have any more tips for Bitcoin investors? Let me hear your thoughts in the comments below!

And if you liked this post, do it share it with your Bitcoin network!

Here are a few more hand-picked guides to read next:

What is “HODL” in the Cryptocurrency World? Must-Know Cryptocurrency Terms

9 Interesting Bitcoin Facts Every Bitcoin Owner Should Know

The Top 5 Best Bitcoin Wallets That You Should Use For Storing BTC

Where To Sell Bitcoin Cash (BCH) [Full list of Best BCH exchanges]

The post What Not To Do After Investing In Bitcoin & Other Cryptos appeared first on CoinSutra - Bitcoin Community.

[Telegram Channel | Original Article ]

#cryptocurrency

0 notes

savetopnow · 7 years ago

Text

2018-03-22 00 BIT COIN now

BIT COIN

@AmberBaldet

Here's where I remind you that America has never considered the murders of marginalized people terrorism until it was far too late https://twitter.com/ReutersUS/status/976123383376154625 …

Journalists covering digital public sphere/privacy/politics topics: security, privacy and data strategy and business model are quite distinct. Sometimes, they are at odds in terms of available choices. Important to understand these distinctions.

To evade U.S. sanctions, Russia helped Venezuela create the world's first government #cryptocurrency. My look at the Petro, which went on sale today despite Trump's order to ban it: http://time.com/5206835/exclusive-russia-petro-venezuela-cryptocurrency/ … #PetroCoin

The trailer for the new @MrRogersMovie documentary has me in tears already pic.twitter.com/CVPyx0SK5h

You can now replay all panels from the @EtherealSummit lounge at @sxsw. A big thanks to our guests for their insight and experience: @UjoMusic @Join_Civil, @stephen_wolfram, @AmberBaldet, @mattmedved, @paulvigna, @BlackGirlsCode and many more #EtherealSXSW https://media.consensys.net/consensys-at-sxsw-how-blockchain-is-advancing-music-journalism-inclusion-c8637a56eaa4 …

@AriDavidPaul

This thread has a lot of unrealistic expectations. A good way to test assumptions is to literally extrapolate the math. If someone says they can earn 10x returns on capital a month, they're implying they'll earn $1 trillion in 9 months staring with $1,000. https://twitter.com/AriDavidPaul/status/976416818955997184 …

2/ @BradmanTV is the winner with his hilarious and pithy "B-ETH !!" And he had a good image to go with it.

In case it's not entirely clear, I'm joking about this cryptocurrency, *not* recommending it.

Caskcoin. Finally! Instead of having to carry a barrel around and measure out small amounts of whiskey every time I want to engage in a monetary transfer, I can use the tokenized version! More divisble and transferable, but not drinkable. Does undrinkable money have value? https://twitter.com/fluffypony/status/976026767126417409 …

5/ For $20b, you could hire much of the population of a small country. The numbers are staggering.

@ErikVoorhees

“Bitcoin will overtake the dollar in importance as it becomes the single global currency of the internet within a decade” - @jack The virus is spreading.

We were happy to sponsor MIT Bitcoin Expo! So awesome that the event is now free for all attendees. @MITBitcoinClub https://twitter.com/MITBitcoinClub/status/975013028658843648 …

Well yeah... the former offered the chance of significant capital return, the latter offered gadgets and T-shirts. https://twitter.com/patrickhermann/status/975071851398516736 …

There is no such thing as a US Government “debt ceiling”.

On this day 155 years ago, President Abraham Lincoln ordered 38 Dakota Warriors to be hung. It was the largest mass execution in U.S. history, but this will never be talked about in any history classpic.twitter.com/fN6Qk8cBBH

@Excellion

Watch the new Magical Crypto Friends Episode: Episode 05: Spoons, Forks & Lawsuits. In this episode: mining, ASICs, loss of privacy through forks and much more. Featuring @fluffypony @WhalePanda @SatoshiLite & @Excellion $XMR $LTC $BTC https://youtu.be/hZ_0nLL3z-M

We're working on something new! And apparently @Excellion @SatoshiLite @fluffypony and @WhalePanda are all living together... #MCFLeakspic.twitter.com/e9sys9yVby

''Other cryptocurrencies are downright scams...like Bcash''[email protected] 's Testimony to the Canadian Standing Committee on Finance FINA @ToneVays @pierre_rochard @ngenestpic.twitter.com/UQ9smvUgwH

#Techcracker2018 #Tokyo is starting.pic.twitter.com/m36OrMKrtf

#Bitcoin vs #Bcash. https://twitter.com/thejeremyvine/status/974332115646115840 …

@KevinRose

So many cool topics in this episode...more reasons to use the sauna. https://twitter.com/foundmyfitness/status/975769511788929024 …

Happy Wednesday, much love to you all.

My first job was also $4.25/hr making bread sticks at Olive Garden. Then I got a job as a cashier at Computer City https://twitter.com/btaylor/status/970010441702260736 …

Just wrote this up: "Disconnect and take a break from your iPhone by using this little-known feature." - https://medium.com/@kevinrose/disconnect-and-take-a-break-from-your-iphone-by-using-this-little-known-feature-c8e6f41660da …

Light Phone II! Awesome. https://twitter.com/thelightphone/status/969232209948413953 …

@Melt_Dem

love the enthusiasm but given that we have 50+ different licensing schemes for payments companies in the US alone, we are going to need a lot of coordination on global regs https://www.thetimes.co.uk/article/bitcoin-will-become-the-worlds-single-currency-tech-chief-says-66slm0p6b …

the irony of many so-called “Web 3.0” blockchain protocols is that their network is run on AWS. much decentralized. much revolutionary.

amazing https://twitter.com/travisscher/status/976191355591544832 …

We're hiring a couple Associates for Blockchain Capital investment team - great opportunity for the right person. Looking for someone that already has a strong grasp of nuances of crypto industry. Ping me if you or someone you know might be a good fit. https://www.linkedin.com/jobs/cap/view/631150301/?pathWildcard=631150301&trk=mcm …

the only type of capital that is abundant is financial. social (attention) and human (talent) will always be scarce. we have to figure that out for crypto to be... remotely useful. https://twitter.com/aridavidpaul/status/975985801304727552 …

@Naval

Twitter used to be reverse-chron and unfiltered, like a blockchain. Now playing favorites, like fiat. https://twitter.com/cburniske/status/975877608167546880 …

Steve Jobs had a very good understanding of @nntaleb's crucial concept of "skin in the game."pic.twitter.com/gybIDPWEPC

Escape competition through authenticity.

Crypto is an unknown territory. It’s better to admit that you don’t know how it’ll play out than to fool yourself that you can predict the crypto future.

@NeerajKA

Congress is positive on cryptocurrency in new major economic report extensively citing our work. https://coincenter.org/link/congress-is-positive-on-cryptocurrency-in-new-major-economic-report-extensively-citing-coin-center-work …

Marvel: Infinity War is the most ambitious crossover event of all time Me:pic.twitter.com/YHFXp2xPYl

I finally hung out with @dickerson_des. Y’all can stop making fun of mepic.twitter.com/yiVR8rxCNh

talking to a no-coiner about $crypto regulationspic.twitter.com/6qKnJ8s1Fc

You can get these from https://kawaiicrypto.com/ @kawaii_crypto

@NickSzabo4

“How much does it matter, for instance, that growth has skyrocketed, if the one percent captures so substantial a part of the gains?” Um, a lot, you psychopath. The jump from dead broke 3rd world up to just 3rd world is about starvation, medicine, clean water, infants not dying

Chris Skinner shows that central bankers are exaggerating irresponsibly (you might say "lying") when they tar cryptocurrency with the "mainly for money laundering" brush. But he notes that it's understandable: they have turf to protect. https://twitter.com/dgwbirch/status/976145866712145920 …

It's very common for people who are friendly and like to give people the benefit of a doubt, to get fooled But the facts are very clear. Not only did Craig Wright falsify keys to prove he was Satoshi, he also got caught forging Dave Kleiman's signature. CSW = master manipulator https://twitter.com/ihackbanme/status/975834260312489984 …

Transportation and Metcalfe's law: https://unenumerated.blogspot.ca/2014/10/transportation-divergence-and.html … Transportation and real options: https://unenumerated.blogspot.com/2008/04/gas-stations-grant-real-options.html …

The Dutch East India Company was founded #OnThisDay 1602 http://bbc.in/2ub8wVm

@SatoshiLite

Ah #Litecoin is getting his Lightning network integration as well! #DoubleReckless Video coming soon.pic.twitter.com/iURcyEeSOV

Looking Up? Litecoin Eyes Bullish Breakout at $175 http://bit.ly/2Gdf3DJ pic.twitter.com/HfP8CcTyr6

Great interview with Abra CEO @billbarhydt! Looking forward to @AbraGlobal using smart contracts on the Litecoin network in about 2 weeks. https://www.youtube.com/watch?v=RPqLkin4-1Y …

Out of the top 20 coins, Litecoin is ranked 2nd in terms of drop from each coin's respective ATH. Litecoin is actually doing fairly well in this bear market! * Excludes Tether. Data from https://coincheckup.com/ ** Inb4 Litecoin #1 if not for me selling *** h/t @bchbaron1pic.twitter.com/hpeohRHMt7

@TuurDemeester

Thread: https://twitter.com/hugohanoi/status/976261540419534848 …

"The ability to fork protocols is a great way to maximize utility to users but a bad way to create and sustain economic rent for token holders." @jlppfeffer https://medium.com/john-pfeffer/about-john-pfeffer-33930b999818 …pic.twitter.com/8h7p1CzyEO

https://twitter.com/ICODrops/status/976104225796214786 …

Interesting read, by @spudowiar: "Breaking the Ledger Security Model". (Haven't verified claims, but questions are worth asking) #hardwarewallet https://saleemrashid.com/2018/03/20/breaking-ledger-security-model/ …pic.twitter.com/fzP5PQyHN0

To be clear, I'm looking or events that have a low amount of "blockchain" and "ICO" content, and that instead are focused on building out the Bitcoin stack.

@VitalikButerin

Taipei Ethereum Meetup with @VitalikButerin @VladZamfir @karl_dot_tech @pipermerriam @peter_szilagyi @ConsenSys @ethstatus @ParityTech @raulitojordan PrysmaticLabs @brainbot_tech @L4ventures https://youtu.be/ilsjZAtUUvQ

Thank you everyone for coming to the sharding workshop in Taipei! @ethereum @ConsenSys @ethstatus @ParityTech @PrysmaticLabspic.twitter.com/fLlx39cRY4

EDCON will be taking place in Toronto, Canada on May 3-5, 2018. We welcome anyone who has interest to join us. Click here for more info: https://edcon.io Updates in Reddit: https://www.reddit.com/user/LinkTimeTech/ … … Feel free to join our Telegram community: https://t.me/EDCON_Toronto pic.twitter.com/EyKStWcFCH

The meme of the #blockchain century arrived secretly to our inbox. Pure gold.pic.twitter.com/fXO0gRUh64

This *does not* explain the "education benefits individuals much more than countries" evidence, but even still it does explain some of the other evidence, suggesting that dominant sheepskin effect by itself does not imply low HC gain - only low *observable* HC gain.

@WhalePanda

3 million transactions deducted twice from thousands of bank accounts at @ingnl due to "technical difficulties". #JustBankThings Use #Bitcoin. https://www.telegraaf.nl/financieel/1814413/drie-miljoen-transacties-ing-dubbel-afgeboekt …

Who could've thought 2-3 years ago that countertrading CNBC would be as profitable as countertrading David Seaman and Ashdrake. https://twitter.com/CNBCFuturesNow/status/976145723497598981 …

Moon? https://twitter.com/alistairmilne/status/976175467698053122 …

The new @magicalcrypto episode is available now. We will do 1 more show which will be released in April before our show at Consensus where we are all physically in the same place, hope to have some guests on there then. https://www.youtube.com/watch?v=hZ_0nLL3z-M …

#Bitcoin is still the same price as when I went to sleep... Something must be wrong.

@aantonop

While #US TV gushes over MBS the “emancipator” of women as he embarks on his first visit to the US, follow @Hala_Aldosari, #Saudi scholar and women’s rights activist https://twitter.com/hala_aldosari/status/975724852937183237 …

Important: NYT has _significantly_ expanded the Facebook/Stamos article from the several-paragraph stub they posted earlier. And changed the headline. https://www.nytimes.com/2018/03/19/technology/facebook-alex-stamos.html …

And, you know, destroying Yemen with bombs and air strikes, in the process causing one of the planet's worst humanitarian crises. But no need to mention that: when it comes to the US media, nothing ensure reverence like being a vicious dictator loyal to the US Government. https://twitter.com/60Minutes/status/975522490004000773 …

Now THIS is how you do propaganda https://twitter.com/60Minutes/status/975396691519201280 …

If we hit the $5K mark by tomorrow in the @DuckDuckGo privacy challenge, we're eligible for another $5K matching grant. Only $100 to go. We'll send a free t-shirt, like this one @Snowden has on, to anyone who puts us over the top. https://www.crowdrise.com/o/en/campaign/freedom-of-the-press-foundation1 …pic.twitter.com/C8Xk5sunZn

@brian_armstrong

Come run engineering for Coinbase Asset Managment! A crypto index fund is just the beginning... https://twitter.com/bramanathan/status/975777462301876224 …

If you're interested in Ethereum dapps, worth checking out the latest version of Toshi. https://blog.toshi.org/presenting-the-all-new-toshi-%C3%B0app-browsing-experience-566c6d01dce4 …

The [email protected] is hosting a workshop during the Women in Silicon Valley Conference! I'll be leading the topic "A Technical Intro to Crypto" among the many breakout sessions (regulation, legal, design etc) with fab female leaders @coinbase @ConnieCurious @tinab Adrienne & Karipic.twitter.com/WnsRFuE84w

Back in my days as a prosecutor going against crooks of all varieties, I'd have far preferred they used something with a permanent, immutable global ledger than cash. No question.

[email protected] is one of the most capable founders I know. Relentlessly determined. Come see her speak! https://twitter.com/FeliciaCurcuru/status/974720472972648448 …

@gavinandresen

Damned if you do, damned if you don't? http://gavinthink.blogspot.com/2018/03/precautionary-principle-problems.html?spref=tw …

What’s new with BlockSci, Princeton’s blockchain analysis tool: https://freedom-to-tinker.com/2018/03/15/whats-new-with-blocksci-princetons-blockchain-analysis-tool/ …https://twitter.com/random_walker/status/948408704596168704 …

1/ NEO thread. I never paid any attention to this project because "it's a Chinese Ethereum!" just sounded so stupid for reasons I didn't even know where to begin to explain. If you, like me, ignored NEO for this reason, here's a quick recap of how hilariously bad this project is:

Another flaw in the human character is that everybody wants to build and nobody wants to do maintenance.

It is a bad idea to make security-critical software more complex so it is optimized for non-existent hardware. Actually, it is usually a bad idea to make security-critical software more complex, period.

@lopp

"To believe all men honest would be folly. To believe none so is something worse." - John Quincy Adams

It's time for another episode of @KeiserReport: we discuss Bitcoin forks, ICOs, and @CasaHODL security! https://www.rt.com/shows/keiser-report/421783-episode-max-keiser-1203/ …

Full technical write-up, video demonstration and proof-of-concept code for @LedgerHQ hardware wallet vulnerability. https://saleemrashid.com/2018/03/20/breaking-ledger-security-model/ …

My reputation is not for sale.pic.twitter.com/mqUdKT4QLI

@prestonjbyrne

Please don’t forget that tea cake exports are expected to jump as the UK reestablishes it’s premier status in snacks.

To think, all we needed to do was surrender London’s status as the premier center of global banking to summit this fishy peak https://twitter.com/bethrigby/status/976369792021159937 …

The UK. where making a joke YouTube video is a 'Hate Crime' and waving an ISIS flag outside of Parliament is....... perfectly acceptable. pic.twitter.com/G0zId3DRkU

"Freedom only to speak inoffensively is not worth having." Sir Stephen Sedley (then Lord Justice Sedley) in Redmond-Bate v. DPP, [1999] EWHC Admin 733 (since overturned by a line of pro-censorship English decisions incl. Norwood v. DPP) https://twitter.com/rickygervais/status/976115287991910400 …

What is Cryptokitties going to do with $14m dollars that it couldn’t do better by, say, shutting down the cryptokitties project?

@rogerkver

The Bitcoin block chain began with no limit on the block size: https://www.youtube.com/watch?v=o94cWj8YqYs …

Roger Ver @rogerkver. Entrepreneur and visionary: - Earliest Bitcoin advocate and investor in its ecosystem - Promoted it tirelessly to the world until it became accepted - After it was hijacked by malicious actors he kept the project growing with Bitcoin Cash RKV in 2011:pic.twitter.com/iAZBXA0bsQ

"I view Bitcoin as a tool of liberation that will fall far short of its revolutionary potential if it becomes nothing more than a speculative trading asset" #MeToo #BitcoinCash @openbazaar @ChrisPacia https://chrispacia.wordpress.com/2017/09/06/why-spend-bitcoin/ …

The only @instagram account I have is @rogerkver The one in the photo below is fake and trying to steal money from my friends. What does it take to have your account verified on Instagram? https://www.instagram.com/rogerkver/ pic.twitter.com/wp05HpsiCb

Satoshi must not be forgotten and his influence should not disappear. His old writings should be looked at both technically and historically. http://satoshisvisionconference.com

@starkness

Well, I am 15. I don't believe you need lots of experience to find security vulnerabilities.

Full technical write-up, video demonstration and proof-of-concept code for @LedgerHQ hardware wallet vulnerability. https://saleemrashid.com/2018/03/20/breaking-ledger-security-model/ …

This talk is kind of amazing. Lots of interesting advice based on experience building and running a product with users! @tayvano_pic.twitter.com/kuQ3IPJ1rv

My daughter (17y/o) is doing a Bitcoin and Lightning presentation at school this week. #prouddad

Watching history in the making as Co-founders @starkness and Laolu of @lightning give us a live demo of sending Bitcoin immediately to refill a phone plan for a thousandth of a cent. Congrats on the launch! pic.twitter.com/vJyW7b2dE8

@twobitidiot

Imagine peaking at age 6. Mixed feelings about this poem.pic.twitter.com/leCxTS0ikc

Man if you're upset about a little company called Cambridge Analytica, wait until you hear about this little company called Palantir

This kind of "we've got to outraise and outspend the competition" mentality might work for platforms and tangible goods, but it seems to break down catastrophically when it comes to designing protocols.

Good thread on using tokens as mechanisms to bribe users into adopting a protocol. This could work for platforms...maybe. And in the short-term...maybe. But I still think most people are long-term and ethically oriented, and you’ll only win if users think you’re the same. https://twitter.com/kylesamani/status/975807735529918464 …

These guys are tremendous. https://twitter.com/NeerajKA/status/975828539248345088 …

Bitcoin Magazine

Op Ed: The Many Faces of Sharding for Blockchain Scalability

Mark Carney: Cryptocurrencies Do Not Pose Serious Risks

Second Life Creator: High Fidelity’s HFC Is a Social Cryptocurrency for VR

What Big Tech’s Ban Might Mean for Cryptocurrency Advertising

Stellar Gears Up to Implement Lightning Network

Bitcoin Price

Bitcoin price stagnates at $8500, Ethereum continues struggles after weekend dip – March 20

Market rebounds overnight as G20 fears subside – March 19

Lightning Network goes live on the mainnet! – March 16

Google is banning all crypto, ICO ads from June. Bitcoin dives below $8k – March 14

Sideways trading continues. Bitcoin struggles to find support above $10,000 – March 12

Bitcoin Reddit

Citibank closed my account after 32 years!

"Bitcoin will be the single global currency of the internet," says founder of Twitter & Square

Bitcoin will become the world’s single currency, tech chief says

TREZOR One: Firmware Update 1.6.1

Alt-coin bear market is over, but bitcoin is still the best bet: Wall Street's Tom Lee

Bitcoin.com

Report Claims Putin Aided Maduro in Creating Venezuela’s Crypto, Petro

No, There Isn’t Child Porn on the Bitcoin Blockchain

Snowden Releases NSA Documents Showing Bitcoin Was “#1 Priority”

PR: Breakthrough Crypto Investment App Coinseed Launches Globally and Announces Its ICO

G20 Argentina Ends With No New Cryptocurrency Regulation

Brave New Coin

Ethereum Price Analysis - Oversold

Public Vs Private blockchain protocols: What's the difference?

Why the ‘Half of all ICOs Have Failed’ stories are (kinda) fake news

Cryptocurrency class action lawsuits: A new frontier

The 3 most promising Bitcoin improvement proposals (BIPs)

CCN

Bitcoin Will Be World’s Leading Currency in 10 Years: Square CEO Jack Dorsey

Alibabacoin’s Public ICO Brings an Explosive Reponse

Tipper to Usher Social Media Paradigm Shift Where Tipping Pays and Every User Earns

World’s First Charitable Cryptocurrency Giftcoin Announce Public Token Sale Event

What to Consider When Investing in ICOs

Coin Journal

Twitter CEO Dorsey Believes Bitcoin Will become the World’s Single Currency in 10 Years

CryptoKitties Raises US$12M Series A From Top Investors As It Spins Out Into Separate Company

Switzerland Welcomes Real Estate Crypto Token SwissRealCoin

Stellar Announces Plans To Implement Lightning Network

Bitcoin Price Chart Reminds Morgan Stanley of Nasdaq Tech Bubble, But Claims It’s Moving 15 Times Faster

Coin Telegraph

A Blockchain Sexual Revolution: Crypto In the Adult Entertainment Industry

ICOs Need Fresh Regulatory Guidelines From SEC

G20 and Cryptocurrencies: Baby Steps Towards Regulatory Recommendations

US National Security Agency Develops System To Identify Bitcoin Users, Say Leaked Docs

Russia: State Duma Considers Law ‘On Digital Financial Assets’, Echoes US Regulations

CoinSpectator Blog

The Unique Industries that Blockchain Technology Will Forever Change

Want to understand how blockchain ticks? Qtum might be one place to start!

Former Guns N’ Roses star goes into crypto

Kyber Network Opens its Decentralized Crypto-Exchange to the Public

Zeroedge To Offer 0% Commission on E-Sports betting

Coindesk

Waking Dragon? Asia's Token Economy Is Charging Full Speed Ahead

OECD to G20: Crypto Tax Policies Need Global Clarity

Bitcoin Returns Above $9K But 'Death Cross' Still a Risk

Exchange to Investigate Another Chinese Stock Over Blockchain Claims

South Korean Financial Watchdog Touts Blockchain in Fintech Plans

Crypto Currency Reddit

Why I bought crypto (alot) of it.

ICO Crowdsales No Longer Open to the Crowds — Steemit

Alts bear market is over and I am not the only one saying it...

IOTA's Tangle Combined With Ethereum's Smart Contracts? Meet Oyster Protocol.

Enjin and Unity Technologies Advance True Item Ownership Through Asset Store Partnership

NewsBTC

Coca-Cola Taps Blockchain to end Supply Chain Forced Labor

ICON Surges on Bithumb Airdrop Announcement

Ethereum Based CryptoKitties Raises $12M From Top Investors

Biotron’s First Products Use Location Intelligence

Tether Issues Another $300m as Bitcoin Price Reverses Course

Reddit Cryptocurrency

Why I bought crypto (alot) of it.

ICO Crowdsales No Longer Open to the Crowds — Steemit

Alts bear market is over and I am not the only one saying it...

IOTA's Tangle Combined With Ethereum's Smart Contracts? Meet Oyster Protocol.

Enjin and Unity Technologies Advance True Item Ownership Through Asset Store Partnership

#bit coin

0 notes

gaudeixcc · 8 years ago

Text

Peloton News January 2017–Money and a digital finality

2016 saw a distinct drop-off in biking activity… well, communal activity at any rate.

Kids weekend sporting activities now in full flow has meant that for me, snatched rides and some summer commuting was about my lot.

Dripping probably gets the prize for peaking his nose out of the door more than most, whilst I would think Moley tips the mileage record.

Macca has generally been cowering in the corner of the garage and looking at his bike through fingers pressed to face. Biking mojo having leaked down the drain at some point in the summer months.

JT has been busy clinging on to his job with Homer Simpson…. In a crazy maneuver to avoid the axe again, he has decided to hide in Germany… a bit extreme maybe, but in all fairness, if anyone can wrangle cash out of a company and an expense bill that would shame Trump, then it’s our boy on his tiny bicycle.

2016 was a bit of a distracted year for me. Work in the world of post-it notes and flip charts was a little on the wild side and out of the office I had taken an interest in the murky world of crypto-currencies.

I read a book on the Dark Net at the end of 2015 and was taken by the notion of the underworld trading sites such as Silk Road… think of it like an Amazon, but specialising in drugs and other illicit stuff. These websites, far from being a place where dark-surfing Joe Public gets ripped off, actually thrive on doing the whole ‘customer service’ thing as well as they can. They have customer satisfaction reviews and ultimately the better experience they give to their dope-eyed buyers, the more traffic they get. This actually improves both the quality and the price of the product.

Buy shit gear in a dodgy back-alley with a pusher…. Or order on-line and have quality stuff delivered to your door in plain packaging with little risk to you as a user.

So how do you get around the issue of payment?

Putting this sort of transaction through PayPal or your debit card seems a trifle risky… and your Tesco clubcard is probably a no-no too.

This is where the crypto-currency comes in.

Back in 2009 one of the first digital currencies came into existence. Bitcoin.

There are however are a number of problems that digital cash needs to overcome;

· How do you create the money in the first place… you can’t just print it can you?

· How do you make sure you can’t spend the money twice?

· Who controls it…. interest rates and all that sort of stuff?

· How do you keep it securely?

· How do you know when it’s been sent and received?

..and many many more….

Bitcoin solves these little conundrums in a tidy little way.

Firstly Bitcoin is mined…. That’s how new Bitcoin are ‘minted’. Anyone who runs the Bitcoin ‘software’ or to put it more accurately, becomes a node in a peer-to-peer network, can apply computing power to the network. This power is rewarded by giving the user Bitcoin (not strictly an accurate description, but gives you the broad idea).

In the early days, the computing power required to mine was relatively modest, so getting coin was easy. Now it requires massive power to earn essentially free money. But in short, this is how the supply of new Bitcoin is created.

Everyone who uses Bitcoin has a copy of the Bitcoin ‘blockchain’ on their computer. The blockchain is essentially a large register of all transactions. When you send BTC (the Bitcoin unit of currency) to someone else, a note of it is made on the register, and every other user…. Everyone… has his or her blockchains updated with a note of the transaction.

This transaction essentially gets verified by every other user… and so…. You can’t spend the money twice… or claim it didn’t arrive.. because everyone can see on their blockchain exactly what has happened.

This means that Bitcoin, unlike normal currency, is essentially ‘trustless’. You don’t need a bank to clear the cash or confirm it’s there… it’s all done by validating with the blockchain.

The implications of this are far reaching. For a start, it takes banks right out of the equation. It means you can send currency all over the planet at literally zero cost… no fees.. no clearing… from me .. to you…. Simple.. no friction. BTC is decentralised and largely autonomous. No one sets interest rates. Except for the market.

Banks aint to happy about this… this means that essentially BTC could well be rocking up and nicking their lunch… not good. Which is why much fuss has been made of BTC as a currency. They don’t like it up ‘em.

In the last 3 years the biggest climb in value of any currency (including gold) has been BTC. It has been in short, phenomenal.

In May 2010, Laszlo Hanyecz decided to go on one of the geek forums and offer 10,000 BTC for anyone who could get him 2 Papa John pizza’s delivered to his door. One of his crypto chums soon answered and a deal was struck. This is probably one of the very first ever public trades with BTC. At the time, 10,000 BTC was worth about £15.

As I type this, those BTC (which will still be in existence somewhere) are worth £7.4m

An expensive Pizza.

BTC even started to pop out of niche. Amazon started taking it as a currency. There is even a chain of computer shops, with one near Admin HQ in Guildford that take BTC.

There are cashpoints in London where you can deposit £’s and get BTC sent to your digital wallet.

So, will it ever go really big and mainstream? Well, yes and no. Current market Cap of BTC is £14bn…..(i.e the total value of all the BTC in existence). But the tech that is likely to prove revolutionary is the blockchain.

A potential use could be to replace the land registry. All property deals and deeds noted on an immutable blockchain. That would take a hell of a lot of cost out of that little process. And there are plenty more applications too…. Watch and wait… it’s coming.

So where did I go with all this?

Well, I decided that whilst interested, actually going on the dark web was risky. Once you’ve seen something, you can’t unsee it. Whilst I would like to have a look round the market sites, I don’t want to stumble over something horrific that’ll get burned on my mind, so I’ve decided to stay on the sunny side of the web.

I have however since about January 2016….(just over a year!!)… started buying BTC (buying with £ as opposed to mining).

At first I got a chum to get me some by using a BTC ATM, but since then I’ve got a proper account and have now branched out into other digital currencies.

Ether being the next one… and the most recent, Monero.

With the digital exchange I use you can start to trade one against the other for very little cost. Shunty would be proud of me.

Digital currency fluctuates wildly. When I first bought BTC it was about £350 for 1. It now trades at £750 and has been as high as £950. With such volatilities, and the fact that BTC and Ether aren’t; necessarily pegged together, comes the opportunity to trade one against the other.

I do nothing more than play with it though, and the amount of cash I’ve put into it is an amount I’m prepared to just disappear altogether if it all collapses.. but.. it has been an absolute education.

When the internet landed, I kind of missed it… didn’t really realise what was happening until it had already started to happen.

This time I feel like I’m in there whilst change is a foot… right now. I’m not sure where it will all go, but it will change things… in big ways.

Will Bitcoin, Ether,Monero or one of the several hundred now out there be the ones? Who knows.. maybe… maybe not…but… the blockchain is here to stay.

As are the dark markets.

Consumer want and technology intrinsically wrapped together.

I think there is a quote from ‘Sexy Beast’ where Teddy Bass says something along the lines of ‘Where there is a will… and there is always a will…. There is a way… and there is always a faaahcking way….’

Interesting times and whilst I have reveled for a year in the world of the digital, I still look forward to the utterly binary sensory pleasure fast wheels on hot tarmac brings.

2017. Who knows what the future holds. A massive mixture of curiosity, pleasure and experience you would hope …. Surely it’s what we’ve all got to be aiming for?

That and a flash of pink.

And so, my little fuckerinoes, after many an episode, Peloton news now must draw to a final conclusion. Time to move on to something else and put this particular baby to bed.

What next? Who knows.

See you in Italy my little digital friends.

Hoppo

#Pelotonnews BTC Bitcoin

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jeffrmayhugh · 5 years ago

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BITCOINs Parabolic Cycle! When!? How!? Peak Price!?

VIDEO TRANSCRIPT

Hello Folk. What is going on with the viewers out the tube? I would like to kindly introduce myself as Tyler, the host of the only crypto channel that loves when a pig is a liquor, just like Jim Lahey. For good. Got to get in touch. Katie P p. Hey, are you messed up, girl? Never seen a damn pig. Henderson, a nurse. This one here is turned to belly up a year. Whoa. Oh, the battle with murder. Oh, oh. Let me do it. You know, our pig in a blanket. It’s time for Chico Krypto. Well, my friends, now that it has officially passed the Bitcoin having and the reward slashing, we can finally move on to what comes next. The end of the four-year cycle, which in the past has always meant more than parabolic run. Pulling out this beautiful BTC, having rallies chart, we can see pre having always had a rally in the four-year cycle. Although with each having, the rally has decreased in magnitude from the cycle’s low, with this year’s only being one hundred and sixty-eight percent only. But as we can see in the lighter shade yellow, it’s a post having rallies that are significant. This is when Bitcoin goes parabolic after November 2012 having to Bitcoin’s peak during the post-rally. BTC grew by another nine thousand two hundred twelve percent from the low. It took just over a year for this to happen in December of 2013. I remember the day, as we can see after July 2016. Having Bitcoin’s peak during the post-rally. BTC grew by another two thousand nine hundred and ten percent from the low, although with this rally it took one point five years for this to happen to the end of 2017. But once again, the parabolic peak was in December. So is it going to happen again this time? Are we going to rally? Rally? Well, my sister’s name isn’t Sally, but I’m hoping for a rally and we will look at just some basic data to see what type of rally this could be. Basic meaning just based on averages, not based like a link. So if BTC grew by a total of nine thousand six hundred eighty percent from its low in the first cycle and then grew by a total of three thousand one hundred fifty-one percent in the second cycle, you just add those up, which is twelve thousand eight hundred thirty-one, and then divide by two. And with rounding up, we get an average growth from the low of six thousand four hundred and sixteen percent. How about average time? Well, from the day of the having in 2012, November 28 to the peak of the parabolic run, December 4th, 2013, three hundred seventy-one days went by from the day of the having in 2016. July 9th to the peak of the parabolic run. Five hundred and twenty-five days went by. You just add those up, which is a hundred and ninety-six and divide by two. And we get an average time since a having to pick up four hundred forty-eight days. So you want some of that foma with just averages. We would hit the next peak. Four hundred and forty-seven days later, one day has passed since having so it would be August 2nd. Two thousand twenty-one. What would Bitcoin’s price be? Well, we grew an average of six thousand four hundred sixteen percent since the all-time low, which was around three thousand two hundred thirty dollars. That would put the peak price above two hundred and seven grand on that day, August 2nd, two thousand twenty-one. Now I can tell you that is going to happen. It’s a bitcoin supercycle. And then for the rest of this video, show you how to leverage trade, tempt you with a free 90 buck referral link and then go laugh. Why don’t even make a trade myself and hope for volatility? Either way, up or down because of more of that win or lose for my subs. The more I would make. But I’m not a total piece of dog Pupi. And if you are new to this world and you are watching YouTube shares doing that, they are going to hurt you and hurt you very soon. I’m going to be a tad more realistic. I do believe what is going on in the world, hyperinflation across economies, QE and money printing goes. Can you characterize everything that the Fed has done this past week as essentially flooding the system with money? Yes, exactly. And there’s no end to your ability to do that. There is no end to our ability to do that. We have to realize that this is the beginning of the end of the rope for the good old USD and fiat currencies as a whole. There will only ever be twenty-one million BTC in our Fed is saying they will print unlimited amounts of USD. Just think about that for a second. I’ll write you back. Now let’s get real and think about what could happen to the bitcoin price next cycle while pulling back out the cycles percentages chart. It’s obvious with having pre and post the percentage increase from the low gets smaller and smaller pre having 2012 it was plus-four hundred sixty-eight percent pre having twenty sixteen it was plus two hundred forty-one present and finally pre having 2020. It was plus one hundred and sixty-eight percent and then post having from the low it was plus nine thousand two hundred and twelve percent in 2012 and plus two thousand nine hundred ten percent in twenty sixteen. But we are missing the post having data from 2020 obviously while using the pre having increased data and the average differences between them, we can get away better idea. Difference between Pless 468 and plus two. Forty-one is to twenty-seven, a decrease of about forty-nine percent and the difference between plus two, forty-one and plus one. Sixty-eight is seventy-three. A decrease of about 30 percent. So based on average decrease percentages. Forty-nine plus thirty and then divide by two that pre having percentage increase with each cycle on average. Decreases by about 40 percent. And then post having we only have one data point difference between plus nine thousand two hundred and twelve and plus two thousand nine hundred and ten is six thousand three hundred and two, a decrease of about sixty-eight percent. One thing to notice is the magnitude between pre having first Everetts and post having first difference, much larger magnitude. Sixty-eight percent versus forty-nine percent actually. Thirty-nine percent more magnitude. So what are we gonna do? We will take the average decrease pre having that 40 percent and apply it to post. Having data post having a second cycle increase is plus two thousand nine hundred ten percent of 40 percent slash of that would be one thousand one hundred and seventy-four percent. So adding what has already happened this cycle, pre having plus one hundred and sixty-eight percent and adding our estimated plus one thousand one hundred and seventy four percent post having we get a total from this cycle of plus one thousand three hundred forty two percent from this cycle’s low of about three thousand two hundred thirty dollars. That would put the next all-time high at forty three thousand. Four hundred and thirty six dollars. That, in my opinion, is a more realist view of things. But what about a bullish, pessimistic view of the next cycle? So remember the plus one thousand one hundred and seventy four percent we calculated and we found that there was a much steeper post having drop than pre having thirty nine percent steeper. Thus we need to slash off another thirty nine percent off of that one thousand one hundred and seventy four percent. That would put us at about plus seven hundred and sixteen percent to the next all-time high post having. So adding what has already happened this cycle pre having plus one hundred and sixty eight percent adding our estimated plus seven hundred sixteen percent post having. We get a total from this cycle of plus eight hundred and eighty four percent from the low of about three thousand two hundred thirty dollars. That would put the next all-time high at twenty eight thousand five hundred and fifty three dollars. So we have three all-time high prices right now. A super bullish based on just averages of two hundred and seven thousand dollars. A realist based on average differences of about forty three thousand dollars, and a pessimist bullish based on adding a steeper magnitude post of about twenty nine thousand dollars. I know. I know. Everyone wants that two hundred and seven K number. But we can’t just be foma bulls with the blindfolds on. Right, Johnny? But data is data and maybe we should make one more prediction. I like to call this one. The Chieko one. It takes averages of the super realist and pessimist 207 K plus forty three K plus twenty nine K add it up and then divided by three and you get ninety three thousand dollars. I don’t know why I don’t know what. But something has told me that one hundred gay or near that mark is this next cycle’s target number. Multiple videos. I have been calling for that Mark and I did a similar analysis back last year when I was clean-shaven and in Miami and came up with a date of the next all-time high that I really like. Let’s watch now that gate to reach that twenty K all-time high again would be December 5th, two thousand twenty one. That gate to reach a new all-time high after a parabolic run would be on December 7th, 2020 to December once again, although we are over two years out from reaching the next parabolic. Hi December twenty twenty two. Well you got to go back to the time data to reach the high post having it has been increasing one year after twenty twelve one point five years after twenty sixteen. So based on this, all I got to say is it just might be a couple of good holidays for crypto holders coming up. Twenty, twenty one. Twenty, twenty-two. Merry Christmas you filthy animals. Cheers. I’ll see you next time.

source https://www.cryptosharks.net/bitcoins-parabolic-cycle-when-how-peak-price/ source https://cryptosharks1.tumblr.com/post/618246730007412736

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scottmapess · 5 years ago

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BITCOINs Parabolic Cycle! When!? How!? Peak Price!?

VIDEO TRANSCRIPT

source https://www.cryptosharks.net/bitcoins-parabolic-cycle-when-how-peak-price/ source https://cryptosharks1.blogspot.com/2020/05/bitcoins-parabolic-cycle-when-how-peak.html

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heatherrdavis1 · 5 years ago

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BITCOINs Parabolic Cycle! When!? How!? Peak Price!?

VIDEO TRANSCRIPT

Via https://www.cryptosharks.net/bitcoins-parabolic-cycle-when-how-peak-price/

source https://cryptosharks.weebly.com/blog/bitcoins-parabolic-cycle-when-how-peak-price

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cryptosharks1 · 5 years ago

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BITCOINs Parabolic Cycle! When!? How!? Peak Price!?

VIDEO TRANSCRIPT

source https://www.cryptosharks.net/bitcoins-parabolic-cycle-when-how-peak-price/

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noisyunknownturtle · 5 years ago

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This Is Our Last Chance to Protect Our Privacy Amid the COVID-19 Crisis

As the coronavirus continues to spread a total lockdown across the world, governments are creating the foundations for a new society of total surveillance. Can we stop the global pandemic without sacrificing our freedom? I believe we can, but the technology we deploy today should preserve privacy, not destroy our liberties due to global panic.

Suspending fundamental rights during a crisis may seem comforting, but historically, the declaration of a state of emergency without end leads to new forms of fascism. Yet, from the Chinese censorship of doctors during its COVID-19 outbreak to the absurd lack of preparedness for a pandemic in the United States, it is precisely the government’s lack of preparation over the years that has exacerbated the catastrophe.

When governments seize emergency powers, they never give them up. Under the pretext of monitoring and tracking the spread of the disease, government mass surveillance via mobile phone tracking risks becoming normalized. Algorithmic bias now goes beyond academic studies as opaque algorithms can and will decide who can travel and work in places like China, and will no doubt soon decide who lives and who dies from the virus. Is this the world we want our children to inherit?

The window for deploying technology to preserve privacy is drawing to a close. More than ever, we need technologies that harness the collective intelligence of humanity to tackle the COVID-19 crisis without sacrificing our freedom.

Mass surveillance is only going to get worse after coronavirus

Just as modern computing came out of World War II and the internet was developed from the Cold War, the coronavirus could lead to a new technological revolution. But rather than the biomedical revolution that is needed to actually cure COVID-19, what we have seen is a focus on tracing those infected, even when medical experts note that this is likely too late to be effective in Europe and the U.S.

In China, public monitoring is nothing new, but experts believe the virus has given the government an opportunity to increase surveillance as citizens install self-monitoring apps for their own good. Facial recognition technology is being used to detect heightened temperatures or raise concerns about civilians without protective masks — and there’s no sign of this technology disappearing when, or if, the pandemic does.

Iran has taken advantage of the crisis by trying to get its citizens to install spyware on their phones that directly reports their whereabouts to the government. In Israel, authorities have gone further by announcing that the General Security Service — the country’s domestic intelligence agency — will track Israelis who contract the virus via their mobile phone data, performing “one of the most comprehensive national surveillance exercises anywhere in the world.”

Similarly to how 9/11 led to the National Security Agency legalizing the tracking of civilian data, COVID-19 has provided an all-too-convenient post-terrorism excuse for expanding surveillance in the United States, including via cooperation with Google, Microsoft, IBM and the rest.

While everyone is distracted by the coronavirus, the U.S. government is trying to make the mass capture of messages mandatory via backdooring the end-to-end encryption on client devices by sneaking the EARN IT act through Congress. Some journalists are claiming breaking encryption is even needed to stop the spread of misinformation about coronavirus, despite the fact that most mainstream press in the United States thought “the coronavirus is less dangerous than the flu” just a few weeks ago.

Technology can save us — without Big Brother

We seem damned if we don’t collect the data needed to stop the coronavirus, and damned if we build a mass surveillance apparatus to do so. Is there any way out?

There is a way out of this paradox — we need to build the technology using privacy by design. For over two decades, cryptographers, lawyers and activists have been advocating for decentralized and privacy-enhanced technologies that give us all the benefits of collecting personal data, but keeping our data private.

As professor Alex “Sandy” Pentland of MIT said, “We want answers, not data.” When will the coronavirus peak? Are my friends and family going to be infected? How can we save the most lives? This requires computing on data, but this data can be protected using tools from distributed computing, cryptography and even blockchain technology.

Unfortunately, funding for privacy-enhancing technology from the public sector is virtually nonexistent, just like the funding for a pandemic response. Venture capital in Silicon Valley hasn’t really stepped up yet to fund startups working on privacy. After all, it’s much easier to make a profit by just collecting all the data without any precautions to defend our civil liberties.

There are reasons to be hopeful. Techniques like differential privacy that add “noise” to data provably obscure identity in a database — already have been shown to work by Apple, Google and others.

The government of Singapore is setting a good example: The TraceTogether app for contact tracing does the right thing by keeping sensitive data on the user’s device, rather than trying to gather the data en-masse from cell phone carriers.

Yet building privacy-enhanced technology is just more expensive, just as it’s also more expensive to build bridges that don’t collapse or create COVID-19 tests that actually work.

Stopping surveillance by empowering people

It’s time to release our instinct for human solidarity and mutual aid that can actually cure COVID-19. Everything from designs to parts of low-cost, open-source respirators to 3D-printed face masks that are already in production are signs of what is possible, and the race for a vaccine is on.

Similar to how Bitcoin (BTC) solves hash puzzles, one inspiring effort is Folding@home’s effort to use computational cycles of home computer users to simulate “potentially druggable protein targets from SARS-CoV2” in order to find a cure.

We decided to apply these “people power”-based solutions to stopping mass surveillance. Rather than mining like Bitcoin, Nym harnesses computational cycles of volunteers from all over the world to mix users’ internet packets with those of other people — so their traffic can be anonymous in a crowd. Called a mixnet, this kind of design can defend privacy even against adversaries as powerful as the NSA that can watch the entire network, unlike Tor and VPNs.

With remote working due to coronavirus is exposing companies to greater information security risk, more and more of us are using VPNs at home. However, VPNs only encrypt traffic to another computer and do nothing to prevent mass surveillance, as a VPN just puts all user trust in another computer that can easily hand user data over to the government. In order to prevent this central point of failure, we suggest using blockchain technology to coordinate a decentralized and global network to prevent mass surveillance and ensure free speech and civil liberties.

Even the Roman empire collapsed when faced with massive plagues, and the coronavirus may spell the end of the post-Soviet neoliberal world order. If there’s any chance of getting out of this alive, it’s not because our governments saved us with mass surveillance — it’s because we saved ourselves with the internet-enabled collective intelligence of humanity. Supporting privacy tech gives us that chance, without responding to COVID-19 like it’s a dress rehearsal for making Orwell’s Nineteen Eighty-Four a reality.

The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Harry Halpin is the co-founder and CEO of Nym Technologies. Nym Technologies was co-founded by chief technical officer Dave Hrycyszyn, who left Libra and now works on privacy; and Claudia Diaz, professor of privacy at KU Leuven. Harry received his Ph.D. from the University of Edinburgh in informatics and has over 50 peer-reviewed publications. Prior to Nym, he conceived and managed cross-browser crypto implementation at the World Wide Web Consortium at MIT and was a research scientist at Inria, where he led the NEXTLEAP and PANORAMIX projects on building mixnets for high-risk users.

The post This Is Our Last Chance to Protect Our Privacy Amid the COVID-19 Crisis appeared first on For Crypto.

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preciousmetals0 · 5 years ago

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Tone Vays: Ethereum Is Useless — Bitcoin Price Could Hit $100K in 2023

Tone Vays: Ethereum Is Useless — Bitcoin Price Could Hit $100K in 2023: