eToro Review - Is it A Reliable Platfrom? (2020 Updated)

Are these the right/best steps to getting ready to stake?

Hi, I own a small amount of Cardano on eToro, but would like to buy a larger amount to be able to stake. I know there is a lot of info within posts here, but it can be a little overwhelming for people new to this. So I have worked out what I think I need to do and have written a checklist below. I was hoping just to get someone to tell me if the steps are correct and my assumptions are right? Also any recommendations on different steps/changes/wallets is welcome. Thanks
I am in the UK so currency I use is GBP
  1. Deposit funds from Bank to Currency Exchange - Kraken. Fee is charged. It seems to me that Kraken's fees (overall, including fees further down list) are lower than Binance, but neither take money deposits without a charge unless you use Etana, but Etana taking a long time to verify my account and seem to have tech issues at the mo
  2. Neither Kraken or Binance have GB /ADA pair so I need to purchase a crypto that does, such as Bitcoin. I believe this is a cheaper way than buying in USD for example. Fees/spread apply to this purchase
  3. Buy ADA using Bitcoin. Fees/spread apply to this purchase
  4. Transfer ADA to Daedalus wallet. Fees apply. I have installed Daedalus
  5. Wait until (some date in near future) then Opt into a stake pool (I will read how to do that later)
  6. If I want to sell Cardano in the future I will need to transfer back to an Exchange wallet and sell for GBP, again with all fees associated with that.
Does this look good? There are quite a few fees along the way, I hope they don't add up to too much.
Thanks
EDIT: Thanks for the help, I have manged to buy some Cardano!! I did a bank transfer to Kraken, which I was then a little worried about as it said it could take 3 days, but it arrived withing 30 minutes. I then purchased Bitcoin (which was hard work for a noob!) and then used that to buy Cardano. I can't transfer to Daedalus as there is a 72 hour lock on withdrawals!
submitted by silvercue to cardano [link] [comments]

Ways to Buy Bitcoin with ACH

Ways to Buy Bitcoin with ACH
https://preview.redd.it/ol270s1e8d551.png?width=680&format=png&auto=webp&s=9caae2bbe61ee243112dff43ea7d6b6e0a336c5d
ACH is one of the fastest and cheapest ways to transfer money inside the US. In this post, I’ll cover the different Bitcoin exchanges that accept ACH transfers in order to buy Bitcoin from 3 Ways to Buy Bitcoin with ACH Instantly. Here you can see further details https://www.smartbitcoininvestments.com/buy-bitcoin-with-ach-transfe.
Buy Bitcoin with ACH Summary
ACH allows for faster and cheaper transfers than a traditional wire transfer. There are 3 popular options for buying Bitcoins with ACH – eToro, Coinbase and Gemini. The fastest and cheapest option would be eToro, however, you will not be able to withdraw your coins (only sell them back to USD).
If you want to buy actual Bitcoins with ACH use Coinbase:
· Go to Coinbase and sign up
· Verify your account
· Click on “Buy/Sell”
· Choose the amount to buy
· Choose ACH transfer
That’s how to buy Bitcoin with ACH in a nutshell. If you want a detailed review about the benefits of ACH and exchanges that accept it keep on reading, here’s what I’ll cover:
Why use ACH?
ACH (Automated Clearing House) is an electronic funds-transfer system that is used for payments inside the U.S. The ACH is run by the National Automated Clearing House Association (NACHA). Recent rule changes are enabling most credit and debit transactions made through the ACH to clear on the same business day.
When you use a wire transfer it can take several days for it to show up on an exchange. Alternatively, if you use an instant payment method like a credit card you usually end up paying a hefty amount in fees. ACH allows you the speedy transactions at the cost of a wire transfer.
2.Options for Buying Bitcoin with ACH
eToro
eToro is a trading platform that allows users to easily start buying and selling Bitcoins. They recently opened up their services to over 30 states around the US and are accepting ACH transfers.
The main difference between eToro and other exchanges is that deposits and withdrawals can be done with USD only. In other words, you can’t withdraw the Bitcoins you buy, only speculate on their price and sell them for USD.
There are no deposit fees for ACH transfers with eToro. You can read my eToro review for a complete overview of what eToro offers (including which countries it supports).
Coinbase and Coinbase Pro
Coinbase, established in 2012, is one of the oldest exchanges around. Coinbase is a brokerage service that is more suitable for beginners but it also has a trading platform called Coinbase Pro for more experienced traders.
With Coinbase, ACH transfers are completely free of deposit fees (unlike wire transfers). The transfer typically takes 3-5 business days (which may be as many as 7-10 calendar days, depending on the timing of weekends and other bank holidays) to complete after initiating a purchase. You may see the funds immediately debited from your bank account when you initiate the transfer, but the funds will not be transferred to your wallet until your payment has finished moving between the banks and clears in Coinbase’s bank account.
Gemini
Gemini, established in 2015 by Tyler and Cameron Winklevoss is one of the leading exchanges for buying Bitcoins in the US.
ACH transfers are completely free of deposit fees on Gemini. Although your bank balance may show your funds have left sooner, it typically takes at least 4-5 business days for a bank to communicate this to Gemini.
3. Conclusion
While at the moment the range of options for buying Bitcoin with ACH is a bit limited I’m sure that as more exchanges expand into the US they will also support ACH transfers.
For now, the exchanges listed above should give you a good enough solution as all of them are reputable and well-established exchanges.
submitted by nayarmalik999 to u/nayarmalik999 [link] [comments]

Buying crypto on eToro - short review (USA resident)

I got the green light from my wife to put some more money into crypto not too long ago. When the market tanked I wanted a quick way to deposit. I looked for an exchange that would allow me to link my bank account for lower fees and quicker loads. Coinbase is not an option for me, I was banned for there years ago, they would never tell me why but I assume it is for sending BTC to a place they weren’t happy with. Kraken, Bittrex, Bitstamp - they all are wire only. I wanted to try Vertbase but for some reason they had some rules that I did not like. Can’t remember what it is now but it was a complete deal breaker - you can’t just buy some bitcoin and send it away easily. I came across eToro and learned they can hook up with your bank, and they didn’t have the same weird rules as Vertbase, so I gave it a try. I will not five too deep into the platform, as I did not use many features, but here are some points I would like to share: - Verification was super easy, required no photos, and I am genuinely surprised I have my btc on my ledger without further identity steps. Not sure what the limits are, I bought less than 1 BTC. - I was able to begin trading extremely fast. Within minutes of initiating my first deposit, I was able to trade. The exact amount that was debuted from my bank account showed up in my eToro account, no fees. - They have two ways to initiate an order - “trade” and “order”. Trade mentioned leverage, and on the initial screen would not let me adjust the buy price. Perhaps there was a screen somewhere to enable advanced options but I was not interested in that. “Order” allowed you to name the price your order would fill. There is no order book or chart, it is very simple. - Going to the order screen from the price/stats page would display a bitcoin price of .75% higher. Other crypto’s have varied spreads, or fees, with BTC the lowest. This is a pretty good fee, especially when your deposit was free. - In order to withdraw my BTC, I had to create a wallet, which is a separate app. You then have to initiate a withdraw, which cost .0005 BTC. Unfortunately if you laddered your buys as I did - the app treats every individual sale as individual, so each one incurred a .0005 BTC fee to withdraw to my wallet. That kind of sucked, I had 6 or 7 orders. - I received my BTC in my wallet the next day. The wallet advertises that they keep your private keys so it’s so easy and safe- you log in with your regular account name and password. So not a good idea to store there. - Once in that wallet I immediately attempted to withdraw to my ledger. This was frustrating as it displayed the fee to withdraw, which wasn’t too bad, so I subtracted it from my total and tried to withdraw. It appeared to work but then going back to my account it said it failed due to insufficient funds for fees. I tried to withdraw about 4 more times, and on the last attempt, I was getting worried that this was going to turn into a problem, but it went through. Kind of annoying they don’t tell you how much you need, as now I have a few dollars left sitting there, went too far, and I’ll probably never retrieve it. But voila, I checked the block explorer and literally less than a couple minutes my transaction was there and the balance showed at the address, albeit the transaction still needed to be confirmed. I checked hours later and my btc is safe on my ledger. - eToro claims you cannot withdraw crypto until after 25 days after your initial deposit, but I was able to a week after my first deposit.
All in all - eToro had a big learning curve to understand how to use it. I did not find it intuitive in the least. But I am truly amazed at the low cost and speed at which I was able to both deposit and withdraw. I spent a week buying and selling a little, I wonder how fast I could have gone from deposit to withdraw had I just bought one order and immediately attempted the withdraw.
Takes awhile to figure out but if you are a USA resident, want a cheap and easy way to buy some crypto, definitely worth a look.
P.S. - I both started a ticket and a chat when attempting to withdraw the btc to my ledger, as the platform said my USD withdraw was pending. I was scared it wouldn’t work. But it was just they way they do it. Very complicated in some ways. Submitting the ticket said it would be up to 7 days to get a response so I started a chat. Took about an hour for representative to come online but she was helpful. I had an email a few hours later from support answering my ticket question. So customer service was adequate.
submitted by mrderrik to CryptoCurrency [link] [comments]

Bitcoin Whale Addresses Hit Highest Number Since August 2019

The seven-day moving average of the number of addresses holding 10,000 bitcoins or more rose to 111 on Wednesday, the highest level since Aug. 2, 2019, according to blockchain intelligence firm Glassnode. That number has risen by more than 11% since early March.
“The increase in the number of BTC addresses with more than 10,000 BTC is likely the result of long-term holders coming back online to expand their holdings,” said Matthew Dibb, co-founder of Stack, a provider of cryptocurrency trackers and index funds.
Increased interest from long-term holders and large investors could be associated with the bullish narrative surrounding the macro factors and the upcoming reward halving.
“Some of these addresses may belong to high-net-worth individuals or groups, who are diversifying into bitcoin amid the ongoing coronavirus pandemic and ahead of the mining reward halving, due in the next two weeks,” said Wayne Chen, CEO of Interlapse Technologies and founder of Coincurve, a cryptocurrency purchasing, and spending platform.
Bitcoin’s supply is capped at 21 million and its monetary policy is pre-programmed to cut the pace of supply expansion by 50 percent every four years.
Hence, many advocates tout bitcoin as a safe haven asset and an inflation-hedge like gold. They claim the economic destruction caused by the coronavirus pandemic and the unprecedented money printing exercises undertaken by the global central banks and governments to bode well for bitcoin’s price.
“Amid the deteriorating economic outlook for the U.S. economy and the likelihood of an ever-increasing monetary supply, which weakens the U.S. dollar and stokes inflation fears, we believe bitcoin could easily test previous highs above $19,000 as investors look for safe havens away from traditional assets," said, Simon Peters, analyst and crypto asset expert at global investment platform eToro.
Such bullish predictions have been doing the rounds for more than six weeks now and could have enticed large investors to add bitcoins to their portfolio.
Further, expectations that the mining reward halving, due on May 12, would put bitcoin on a long-term bullish trend could be the reason for the rise in the number of so-called “whale addresses.”
Bitcoin undergoes a process called mining reward halving every four years, which controls inflation by reducing mining rewards by 50%. Following the May 2020 halving, the reward per block mined will drop from 12.5 BTC to 6.25 BTC.
See also: Bitcoin Halving, Explained
Many investors anticipate the cryptocurrency’s price would go up after halving, as the asset would become more scarce to satisfy the demand. Reinforcing this belief is the historical data, which shows bitcoin experienced solid bull runs in the year following previous halvings.
“At the first halving in November 2012, the price went from $11 to over $1100 a coin a year later. Then after the second halving in July 2016, bitcoin went from $600 to over $20,000 by the end of 2017," said George McDonaugh, managing director and co-founder of publicly listed cryptocurrency and blockchain investment firm KR1 plc.
However, reward halving also means a 50% reduction in miners’ revenue. So, if the price fails to rally sharply post-halving, small and inefficient miners may shut down operations and offload their holdings to cover costs, leading to a price drop.

Bullish narrative reinforced

Bitcoin was trading near $8,900 at press time, a 130% gain from the low of $3,867 reached on March 13, according to CoinDesk’s Bitcoin Price Index.
Bitcoin is now reporting a bigger year-to-date gain compared to gold. While the cryptocurrency is up 21%, the yellow metal has seen a 12% increase.
The year-to-date performance may reinforce the narrative that bitcoin is a hedge against global economic malaise, fiscal and monetary indiscipline and could continue to draw demand from both small and large investors.
See also: Stacking Sats? Small Bitcoin Holders on the Rise, Data Suggests
"The year-to-date performance indicates that investors’ awareness of the digital asset has increased and its role as a potential diversification vehicle for traditional portfolios has been underscored by its strong recovery from its recent lows, relative to more traditional markets. We expect this strength to persist as Bitcoin continues to take pole position in the race," said Stack's Dibb.

Not a perfect indicator

The rise in the number of unique addresses holding more than 10,000 bitcoins does not necessarily mean an influx of new whales into the market. After all, a single investor can hold multiple addresses.
Further, cryptocurrency exchanges tend to hold large balances. For instance, two of the top five addresses on the rich list (a table of the addresses holding the most bitcoins), published by bitinfocharts.com, belong to prominent exchanges Huobi and Bitfinex.
See also: The ‘Great Lockdown’ Is Boosting Demand for Bitcoin Custody Solutions
“Some of these addresses are owned by top exchanges which usually hold large reserves in their cold wallet. So this doesn’t necessarily signal a clear behavior for market activity,” said Coincurve’s Chen.
submitted by PresentType to boundlessinfomore [link] [comments]

Why eToro really sucked...for me

This is a summary of my experience with eToro. For my use case and experience eToro really sucked. It may not be the case for many people who use it and for whom it worked well but I was extremely dissapointed and thought i would share my experiences with other people. They are advertising everywhere and I am plagued by eToro youtube videos every 10 minutes or so, which is very annoying (googles advertising of things you already used or own).
So I decided to try eToro a few months ago. I needed to buy bitcoin fast while it was at a low price and had no fiat stored on my exchange accounts, didnt want to wait 1-2 days for a transfer. I opted for eToro for a few reasons:
- European company - Accepts credit cards (with caveats as I found out later) - Low / Transparent fees as advertised in some cases no-fees (not for crypto as i found out)
Sounds great so far, I signed up, verified and bought my bitcoin. Its when I started to use the platform and getting to know it, that I found all the things that were wrong with it. Of course it is all in the terms and conditions and endless useless articles on their help pages that often lead nowhere which of course everyone reads before joining ..... yeah right.
In my defence I am not new here and have a number of exchange accounts I have been doing small trades over the years but am largely a hodler. I was expecting to have somewhat of a similar experience as other exchanges...this turned out to be far from reality.
Challenge 1: WTF is a CFD
It is bullshit for a clear definition. It is basically paper trades. You do not own any of the assets you have on the platform as it is a Contract For Difference which basically means you are trading the asset only “virtual” and eToro promise to repay the worth of your contract. Bought for 6k now it is 7k means they owe you 7k (Not in bitcoin). They do allow you to move SOME assets to a non-tradeable wallet (will cover it as a separate challenge). So OK, a pain in the ass but I will go with it, Bitcoin is supported for withdrawal.
Challenge 2: Buy bitcoin with credit card (responsibly, i have cash just needed to secure the buy) and withdraw it
Bought bitcoin, around 2k worth, left it on the account as there was good volatility at the time. Did a few trades and made a couple of hundred euros worth of bitcoin on top of what I originally bought..success. Now I am ready to withdraw it to move to my hardware wallet as I was not intending to use eToro for too long. I was not able to withdraw..why?
If you are on the Bronze level (less than 5k on the account) and you have deposited via Credit Card you CANNOT withdraw! Silver level (5k+) you can only withdraw after the funds have been there for 180 days if i recall correctly, also varies by country. Wait what?! They happily took the credit card payment without giving me a warning and effectively holding my bitcoin hostage?! After cursing and ranting for a few hours I contacted support who have provided me with a workaround. In order to withdraw your bitcoin you must deposit the same amount in FIAT via Bank Transfer (in which case all activities are supported), you can then withdraw the bitcoin to eToro wallet and then withdraw the remaining amount in FIAT. This solution worked but took multiple days.
Challenge 3: Move Bitcoin to Hardware wallet
So this is probably the biggest catch I have found with this platform comparing to others. eToro doesnt have a wallet, instead it is some kind of a subsidiary called eToroX which is a different app and website but THANKFULLY you can log in with eToro credentials. In order to withdraw you must first move your funds from eToro to eToro Wallet which has a fee of 0.00050000 Bitcoin...OK...but theres a catch. On the eToro platform each time you make a purchase it is an individual open trade which cannot be merged. So you if you bought your coins in multiple trades, say 3 times, you will have to pay this fee for each trade that is open...complete bullshit...and requires MANUAL validation, which means a person from eToro has to approve this transfer, I had to wait for several days.
Ok now thats over I want to move it to my ledger form the eToro wallet app. App shows how much I have and what the fee is 0.000138. I have to manually calculate the amount minus the fee and enter it. It worked! No it didnt, there is some kind of a bug in the app which is getting it wrong and not allowing me to send it though. Waiting for a reply from support right now to figure out WTF. Likely some kind of a decimal point difference which probably means i will leave some dust on the platform.
Other things that I didnt like:
- Buy/Sell price: there is a clear difference in the buy and sell price. The moment you buy the asset it is no longer worth that amount because the sell price is significantly lower. I guess this is how they collect fees...not very transparent - No volume data: Why? A person from eToro acknowledging shortcomings tells me they dont have volume indicators because there is not enough real volume on the exchange and it would not be helpful. (because it is not a full blown exchange many may be used to) - The moment you deposit money or go a level up you get assigned an account manager, these vary per level. You get an email from them introducing themselves randomly, I initially thought it was a scam and ignored the emails. They called me, i had an honest conversation with them, this platform sucked for me. - Once you transfer to eToro wallet you cant transfer back to eToro trading platform - Coins supported by eToro wallet Bitcoin, Bitcoin Cash, Ethereum, XRP, Litecoin, and XLM....all else is CFD only but they say they are going to add more - Copy Portfolio is a great way to lose money and have somebody else to blame for poor choices, if this is what you like, sure i guess
Not everything is bad of course, if you are happy with CFD's and want a single place to trade all these assets like selected crypto and stocks it is a good place to do that, apps are kind of OK. But it definitely was not for me and I would not recommend it to anyone who is a crypto USER
submitted by arturski to CryptoCurrencies [link] [comments]

China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says

China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says


China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.
The 84 patents filed on Feb. 13 include proposals related to the supply and issuance of a central bank digital currencies (CBDC) as well as interbank settlements using the digital yuan and the integration of digital currency wallets into existing retail bank accounts, according to a recent report by the Financial Times.
While the Chinese government is still largely quiet on the initiative, the new patents signify China’s efforts to ramp up development work on its digital currency electronic payment (DCEP) system in a bid to outdo other major economies such the U.S. and the EU.
The latest developments are unlikely to impact crypto assets in the long-term, as the issuance of a digital yuan would be tightly controlled with no public mining or trading with existing cryptos, said eToro analyst Nemo Qin.
"Unlike most crypto assets, the DCEP will be a centralized, government-issued digital currency ... with these factors, the DCEP should not have a direct impact on the crypto asset market,” Qin said.
The price of crypto’s largest asset, bitcoin (BTC), rose more than 40 percent, from $7,435 to $10,350 in October, 2019 after Chinese President Xi Jinping stated that his country should “seize the opportunities” afforded via blockchain technology.
As the markets digested the news and began to understand the intentions behind China’s move, prices for the bellwether crypto dropped by more than 37 percent before recovering by January of this year.
Indeed, China’s ambitions have encouraged more players to enter the space, with the Bank for International Settlements (BiS) setting up a group to discuss potential cases for interoperable CBDC’s.
“We can expect more central banks to announce developments in their own crypto assets using blockchain technology,” Qin added.
submitted by ALV122 to u/ALV122 [link] [comments]

Weekly Update: $WIB, $VID, $CHZ on ParJar, Pynk crushes Web Summit, XIO swap bridge, Sentivate reorg... – 1 Nov - 7 Nov'19

Weekly Update: $WIB, $VID, $CHZ on ParJar, Pynk crushes Web Summit, XIO swap bridge, Sentivate reorg... – 1 Nov - 7 Nov'19
Hi folks! We are catching up real quick. Here’s your week at Parachute + partners (1 Nov - 7 Nov'19):

Three new projects and their awesome communities joined the Parachute fam this week: Wibson, VideoCoin and Chiliz. Welcome! And if you missed, we also added Shuffle Monster, Harmony and CyberFM last week. #cryptoforeveryone is getting bigger by the day. Woot woot! In this week’s TTR trivias, we had Richi’s movie quiz qith a 25k $PAR pot. Charlotte's Rebus trivia in TTR on Tuesday had 25k $PAR in prizes for 10 Qs. Noice! Jason’s creative contest for this week was #artdeadmin: “draw/paint/sketch/whatever you imagine a group of the parachute admins doing together”. Click here to check out some of the entries of the TTR Halloween photo contest from last week. Doc Victor (from Cuba) hosted a Champions League wager round in tip room. And congrats to Victor (Anox) for passing his final Medical exams. We have 2 Doc Vics now. One from Cuba and the other from *redacted*.
Some of the top #artdeadmin submissions. Insane talent!
Jason’s running medal collection. Say what!
Andy shared the latest standings in the Parachute Fantasy Football League (#PFFL). Clinton (7-2) is on top followed by Chris (7-2) in second place and Hang (7-2) in third place. So close! As we rolled into November, Parachute crew signed up for Movember. So now we have 3 teams from the Parachute fold, doing a no-shave November for men’s health issues: Parachute (Tony, Cap, Alexis, Cuban Doc Vic, Richi), TTR (Vali, Ashok, Tavo, Alejandro, Marcos, PeaceLove) and TTR-Ladies (Mery, Martha, AngellyC, Liem, Durby, LeidyElena, Charlotte). Show them some support peeps! This is all for charity. Show them some support folks! This week’s #wholesomewed was about “your most precious possession and give us the story of why it is so precious to you”. A whole lot of $PAR was given out for some real wholesome life stories. Best. Community. Eva! Two-for-Tuesday theme for this week: colors! As always, a melodic Tuesday thanks to Gian! And thank you Borna for writing about Parachute and ParJar on the Blockchain Andy blog.
<- This is where Jose creates his magic. Respect / Cuban Doc Vic’s doggo, Symba, could easily be a TTR mascot. Good boi! ->
This week at aXpire there were two separate $AXPR burns: 20k of last week and 200k of this week. Last week’s news recap can be seen here. Congratulations to the team for being conferred the honour of being handed a key to Miami-Dade County by Mayor Carlos A. Gimenez at the 2019 Miami-Dade Beacon Council Annual Meeting & Key Ceremony. aXpire's disruptive solutions like Resolvr (expense allocation), Bilr (invoice management) and DigitalShares (deal marketplace) help hedge funds and PE firms scale through better profit margins. How? Read here. Did you know that the 2gether Ambassador Zone lets you customise referral messages with a #PicOfTheDay while you earn some sweet 2GT rewards? Super cool! There was an upgrade to the platform this week that might have led to a temporary deactivation in withdrawals while the update was being deployed. CEO Ramón Ferraz’s interview by BeInCrypto was released. Founder Salvador Algarra travelled to an ABANCA event for a keynote speech on Fintech innovation. Next week he will be at Rankia's Blockchain and Crypto Tech gathering to speak on "Blockchain, from predicting the future to building it". CardRates’ feature article on 2gether came out this week. The BOMBX:XIO token swap bridge went live. The swap will be open till 15th December. Plus, $XIO is now listed on DDEX and Switcheo. There were some disruptions in the bridge from time to time because of heavy traffic. Hence, the team also set up a manual swap page as an alternative solution. And please be wary of scammers posing as admins to help with the swap instructions. For any doubts, always reach out to accounts with admin tags on the official Telegram channel. The first set of incubated startups will be revealed on the 22nd of November. Ever wanted to find out about the people who frequent the BOMB token chat? Well, the BOMB Board is running a "Humans of Bomb" series to feature some of the most active members. This week, say Hello to Gustavo.
Key to Miami-Dade County awarded to aXpire. Cool!
WednesdayCoin’s founder Mike floated the idea of making WednesdayClub open on all days. The nature of the $WED token will not change on chain. Just that it will be usable inside the DApp everyday. What do you think? Let him know in the Reddit thread. Birdchain’s $BIRD token was listed on Mercatox this week. A new monthly referral contest was launched as well. 50k BIRD tokens to be won. Nice! Want the SMS feature to be released in your country? Start promoting! A featured article on Chainleak capped off the week perfectly for Birdchain. $ETHOS, $AXPR (aXpire), $HYDRO, $BNTY (Bounty0x) and $HST (Horizon State) were added to the eToro Wallet. The airdrops for Switch’s various token holders were distributed this week. As mentioned earlier as well, $ESH and $SDEX are revenue sharing tokens. Winners of the John McAfee contest and trading competition were announced. Congratulations! Tron blockchain support will be added to the Switch-based McAfeeDex next week. The news was covered by Beincrypto, U Today, Crypto Crunch, Altcoin Buzz and Tron’s Justin Sun as well. The Dex was featured in a Forbes article about John McAfee’s views on Libra. The latest community contest at Fantom involves writing educational articles on the platform. If you have been following Fantom developments, then this would be a breeze. Also, USD 100 in FTM tokens to be won. Sweet! Check out the cool $FTM merch on display at Odd Gems fashion. Even though these are not official gear, they have the blessings from the project. CMO Michael Chen sat down for an interview with Crypto Intelligence India to talk about the upcoming mainnet launch. The crew also appeared for an AMA with Atomic Wallet community. The latest technical update covers "Golang implementation of Lachesis consensus" or Go-Lachesis in short. Check out its demo with 7 nodes here.
Parachute presentation (WIP). That’s right. 500k transactions and counting. Wow!
While the Uptrennd Halloween contest got over last week, AltcoinBuzz made a friggin amazing graphic! Don’t forget to follow the Ann channel to stay up to date with the latest from Uptrennd. Founder Jeff Kirdeikis also announced that he will be working closely with PrefLogic on Security Tokens. Jeff’s interview with MakerDAO Biz Dev Gustav Arentoft came out. After some upgrades on Uptrennd, withdrawals are live again. Instead of the weekly meme contest, there was a flyer contest this week. 5k $1UP prize pool for winners. Wicked! The latest community picked TA report was on ETH. And the crew reached Malta for the AIBC Summit. More pics next week! Did you know that you can get Opacity Gift Codes for various plans at ShopOpacity.com? If not, make sure to read up on the Opacity October update. Catch up on the latest at District0x from the District weekly. The District Registry was live demo’ed. Looks cool! Hydro crew travelled to the Web Summit in Lisbon to spread word on the project. They were also represented at the Chicago fintech science fair this week. For a summary of the last few weeks gone by at Hydrogen, you can read the Project update and Hydro Labs update. We have covered most of these in previous posts. For the latest scoop on Hydro Labs, there’s always the Ann channel. Silent Notary’s Ubikiri wallet is undergoing upgrades. One of which is, wallets will be auto-named after creation. A ton more upgrades to be released. Sentivate announced a reorganisation in the company in order to devote full focus on Sentivate. The parent company will close and all resources will move to Sentivate. Here’s another use-case story to emphasise the potential of Universal Web. In the latest community vote on Blockfolio, folks voted overwhelmingly Yes on whether they would like to see more explainer articles on web tech. Also, the epic shoutout from Scott Melker (The Wolf Of All Streets) has to be the best thing ever!
Updated Sentivate roadmap for next 3 months
Pynk travelled to the Web Summit in Lisbon (wonder if they crossed paths with Hydro and SelfKey teams) as an official delegate of the Mayor's International Business Programme and were featured by KPMG. How to catch people’s eyes in a Summit where everyone is trying to grab your attention? With LED back packs. Genius! Such a lit idea, that even Web Summit tweeted it. Woohoo! And then they rocked a series of pitches to get to the big stage. Wins in Round 1 and quarter finals ensured an entry into the semi finals on the main stage. Click here to watch their presentation. Great job guys! Business Insider Poland included Pynk in their list of 12 Fintech companies worth following. The latest Pynk Tank episode delves into deep fakes in political advertising. One of the upcoming features on the platform will be the addition of gold to the daily price prediction tool. Pynk has "absolutely no interest in Bitcoin fanatics, ‘bagholders’ or ANYONE who mentions moons or Lamborghini’s. It’s tacky". This vibes perfectly with Parachute. Read more on Pynk's guide to becoming a super-predictor here. Horizon State announced that it will be resuming business under a new management. Welcome back! The original $HST token will not be supported anymore. The team will be looking into how the token holders are included in the new system. DENGfans, don’t forget to check the mini-projects posted by Mathew in the Telegram channel. Look up #getDENG in the channel. If you’re proficient in excel and VB, get in touch. Shuffle Monster’s $SHUF token is now listed on Dex.ag which acts as a decentralised price aggregator. CyberFM distributed the $CYFM payouts for October this week. Total payout as of 1st Nov is USD 266k+ in crypto. Say what!
Pynk’s LED back packs are a stroke of genius
OST’s Pepo was the 19th most popular dApp on State of the DApps last week. This week it climbed to the 16th position. Upcoming features on Pepo include video replies, threads and debates. Stay tuned! OST crew was at the Web3 UX Unconference in Toronto to talk all things UX. Next week they will be at ETHWaterloo to present and judge the UX award there. SelfKey’s $KEY token got listed on Hong Kong’s Lukki exchange. Like Hydro, the SelfKey team also attended the Web Summit in Lisbon for networking. If you were there, hope you said Hi. Ever wondered how Distributed Identity keeps your information private and safe when blockchains are supposed to be public? Click here to find out how SelfKey does this. More insight was shared into the Chainlink partnership this week by Constellation CEO Ben Jorgensen. The team attended the Air Force Space Pitch Day where it was selected to pitch the platform to attendees. Go get’em! How and why does Constellation do things? Check out the Constellation Principles. The October update for Yazom covers news such as alpha build of the app nearing completion, ongoing deal negotiation with clients etc.

And with that, we close for this week in Parachuteverse. See you again soon. Ciao!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Retail Investors Aren’t Interested in Crypto Derivatives, Says eToro Executive

Retail Investors Aren’t Interested in Crypto Derivatives, Says eToro Executive


Despite being one of the largest crypto derivatives platforms, an eToro executive said he isn't losing sleep over the U.K.'s proposed retail ban.
Over breakfast in a central London restaurant, inside what used to be the Midland Bank, Iqbal Gandham, eToro's U.K. managing director since 2016, said the country's decision to ban retail access to all crypto derivatives would likely have a "minimal" impact on its business.
With more than 10 million users worldwide, eToro is one of the largest trading platforms in the world. Gandham said the company has noticed a shift in the behavior of retail traders, who value the fact they can buy an actual cryptocurrency asset and transfer it out into their personal wallets.
"Two years ago people didn't understand real [assets] and derivatives, they just thought they were buying bitcoin. Now people are more comfortable in owning their own wallets and transferring crypto, they understand that if they can't transfer it out then it can't be real," Gandham said.
The U.K.'s chief financial watchdog, the Financial Conduct Authority (FCA), surprised the industry last summer when it unveiled plans to ban the “sale, marketing and distribution to all retail consumers” of crypto derivatives, including contracts for difference (CFDs).
At the time, the regulator said retail investors were "ill-suited" to such products because they were unable to "reliably assess the value and risks of derivatives or [exchange-traded notes] that reference certain cryptoassets."
Although regulated platforms, such as Hargreaves Landsdown, have already banned retail access to crypto derivatives, the FCA isn't expected to make a final decision until later this year.
eToro first offered bitcoin CFDs in 2014. It gradually increased the number of supported cryptocurrency-based options, but only allowed users to buy the underlying asset in September 2017.
"Had you asked me this question in 2016/17, I would have said 'a really, really big impact, we need to change our business,'" Gandham said. But the majority of eToro's customers now buy the underlying crypto, rather than any CFD product.
eToro currently offers retail users crypto assets or crypto CFDs at a maximum leverage of 2:1. A spokesperson told CoinDesk approximately 87 percent of eToro's retail users buy the asset. In the first month of 2020, that number increased to 90 percent.
In the case of catering to retail investors, eToro is "moving away from the derivatives market," Gandham said.
submitted by Aust8188 to u/Aust8188 [link] [comments]

[OFFER] Multiple multinational NON-VOIP numbers from $1–$3

Here's my rep. I accept Paypal Friends and Family, Google pay, and rarely BTC and ETH. Here are my terms for accepting payment.
Note that my numbers come from real people and, therefore, may have been used before. In the case that a service provider sends a code to a used number, I can guarantee neither a refund nor a replacement.
The following is a list of services and prices as of the time this is posted. I don't always have a number for each service, and the price for a service is only set in stone once we've discussed and agreed on one. Each number persists for only five to fifteen minutes, and I lose access to it after I receive a code*. If the service provider doesn't send a code to the number I give you for whatever reason, I'll be able to either get you a new number for free or refund you**.
I also offer non VOIP non US verifications as well for a variety of countries. The price depends on the country and fluctuates often so just ask and I'll tell you the price.
Comment and message if interested, pm preferred over chat.
*If you need the same number for multiple verifications of one or more services, let me know beforehand. I may be able to set it up, but it depends on the service and will cost more.
**I'll only be able to refund you if you send via paypal. Furthermore, I won't always have a replacement number immediately available. I make no guarantees about how soon I'd be able to provide a replacement number, but it normally takes ~2 hours in the case I have no numbers available.
submitted by _PM_ME_YOUR_ELBOWS to phoneverification [link] [comments]

Fatum, vol. 1 [Chapters 6 - 8]

Chapter 0, Chapter 1, Chapters 2,3, Chapter 4 - 5.4
Chapter 6
One of the main reasons suicide is so upsetting for people is because of finances. Dying is really quite expensive from burials to funerals, to receptions; then there are the accessories that come with death: having your corpse beautified, the nice wooden bed they make to lower your body into the ground, and the cute stone head that has your date of birth, date of death, and name on it. And someone has to get paid decently for these things, as dealing with dead bodies can be troublesome for a lot of people. So these expenses add up, and when you kill yourself you tack on a slew of unexpected debts that someone will have to pay for, it just won’t be you. He chose to treat his death a little differently.
At her workstation, Bell has a distinct coldness in her voice. She swivels around in her chair absent-mindedly, half- heartedly hoping that somehow an Earthly force would relieve her of these arbitrary responsibilities. She begins to space out, as So Many Details by Toro Y Moi blasts off of her Alexa. Revisiting her past life before meeting Him, she remembers always being curious about exploring the world and getting to learn more about how the human mind worked in a collective form. Their first meeting was one where she found herself unable to reign in her curiosity. Even during His prepubescent years, He was clearly the master of His own universe, figuratively, and she picked up on this immediately. They spent the entire night, until their bedtimes at least, getting to know one another. Finding and appreciating both similarities and differences right off the bat probably had a lot to do with the relationship they shared.
But Bell’s existence was also necessary. Although she is blissfully unaware, her companionship with Him is what sparked His deep dive into answers for reasons of existence. She holds herself morally and emotionally liable for His suicide, consistently flashing back to the last words she said to him while he was alive:
““You never loved me, if you do this, you could have never loved me.””
Thinking aloud, startled by the sound of emotion in her own voice,
“So stupid. I’m so stupid. He tells me this is His last day on Earth and I immediately tried to emotionally blackmail him. He really prepared all of us for His departure, but I was never ready to let Him go. I still am not ready, but I know He loved me and I loved Him so I will follow His final instructions. Alexa, activate Protocol Stardust.”
“Searching... Protocol Stardust located. My condolences, Bell.”
“Thanks Alexa but He recommended I turn down condolences. He never wanted people to be sad over His death...”
“Protocol Stardust... 10% Loaded.”
“I just really can’t believe it’s actually happening. I would make a bad habit of indulging with Him in His laughter when we talked about it.”
“Protocol Stardust... 30% Loaded.”
“I mean, who thinks like that? Who even jokes like that? To have your body cremated is one thing, but then to have your ashes spread out into space?”
“Protocol Stardust... 50% Loaded.”
“And then the Bastard went and accommodated Himself. Every time someone would mention the implausibility of His plan He was so calmly confident He would be able to achieve it before His last day.”
“Protocol Stardust... 70% Loaded.”
“Of course He succeeded. All of our fates were sealed when He talked his mom into getting him his first Raspberry Pi. He cashed out in cryptocurrency and had been living on His own time ever since, like some character out of a movie.”
“Protocol Stardust... 99% Loaded.”
“I miss you so much.”
“Protocol Stardust Ready to Execute. Please Provide Final Voice Confirmation.”
The glass finish on her iPhone X felt impossibly smooth in her palm. She chuckled to herself slightly, thinking back to when the iPhone X was first announced and how He had lost His cool that Apple stole the aesthetic from his niche YouTube channel to market the new phone. She knew no one would believe Him, but she genuinely did. She was right to, because maybe they did, but now it seemed like an even greater injustice against His reality that she didn’t fight harder. It wouldn’t have been what He wanted anyway. She positions her phone's camera to catch enough of her facial profile to utilize Face ID. Gently tapping the screen with her thumb, as if to nudge the device awake, the screen glows bright yellow with the custom parallax wallpaper He had designed for her. The text was placed perfect center, reading out ‘“DEATH IS ARTIFICIAL”, with a 1 px fill line striking through the circle of letters, highlighting a hidden message: ‘”DEATH IS ART’”.
Chapter 7
“I can’t believe this shit.”
“Honey, relax. You know He’ll make you whole.”
“Please don’t refer to Him and holes in the same sentence.”
“You're being immature. I know it’s still touchy.”
“I really didn’t think it would bother me as much as it does. I love Him but He takes it too far.”
Blood recirculating into his wrists, Ohsa rubs them gently with his index and middle fingers to soothe himself, because of both the grueling discomfort he had just endured and because of his own doubts if his Friend would be okay.
“Thank goodness you reminded me we were out of pesto sauce. Who knows what would’ve happened if He saw me.”
“What’s that supposed to mean?”
“It means he could’ve tied both of us up and left us here.”
“Oh.”
“This is the last time I go through this: I was down with the orgy but as soon as He got close to me my senses were completely overwhelmed. His words felt like silk flowing into my ears, and the way He smelled – my God His smell,”
“...You said you had felt like you had become a different person.”
Catching herself she resumes, “Yes but no. Now that I think about it, it wasn’t that I was a different person. I was still me, completely me, rolling me, but He was just purely irresistible in that moment. Whoever slept with Him, though, was not the woman that loves you.”
“How do I know you’re not lying?”
“Because I’m trying to communicate with you about it, as opposed to shifting blame. Listen honey, He fucked the shit out of me in the middle of an orgy of people. I can’t stand here and pretend like it didn’t happen or I didn’t enjoy it or I had been so drugged up I didn’t know what I was doing. But when it happened it did, and I was there.”
“What the fuck. I can’t think about this right now. What the hell happened out there? I felt two separate explosions while I was tied up.”
“He destroyed the elevator shaft and the entire left side of the hallway, including part of the door to the stairway. My Twitter Moments feed is saying at least 4 SWAT officers are reported to be in critical condition.”
“What is He thinking?! How is killing cops supposed to help His cool down??”
“Don’t you think He’s been acting a little too wild lately?”
“I’ve seen Him comeback from worse, honestly.”
“Worse than a killing spree?”
“No, I meant drug-wise.”
“Was He high when you saw him?”
“He was definitely on the comedown. I don’t think He was actively stoned but he wasn’t entirely sober, either.”
“Well, regardless he was clear-headed enough to stay ahead of the cops.”
“Cops are fucking idiots.”
Chapter 8
We never know what the future is until we get there. We like to imagine it as augmented reality everywhere, digital on top of reality, seamlessly intertwined together, persisting without being invasive. The truth is, the future is now. All time, past, present, and future, all exist tangentially and concurrently to each other. The 2008 American Recession hit Bell’s parents where it mattered the most: Their bank accounts. It hit at the least opportune time, right as they were preparing to make a class transition from poverty-level to lower middle class. Not only was their savings obliterated, but their morale too. Maybe this spiritual blow was exactly what she needed, maybe it was another unnecessary inconvenience that came with simply trying to exist as a human, but earlier that year she had her first meeting with Him.
Even as children, Him and Bell always had a special connection. Everyone around them could see as clear as day, that these two were in love, even before they knew it for themselves. Almost a year ago to the day, He had made a discovery. Bitcoin was going to crash, and it was going to crash hard. It was clearly being inflated by whales who were egging on spectators but He correctly assumed that the dramatic rise had gotten way too out of hand for anyone to control. Come end of November under the guise of Christmas spirit he traded all of his leftover Team Fortress 2 hats, convincing other players to complete trades in crypto, tricking those who were ignorant to the true value of BTC. He had already amassed a sizeable enough wallet during His early mining days but that extra week of trading is what took him from safety to comfort.
In literally the exact moment the BTC exchange rate was estimated at $20,500 for one coin, he cashed in his entire wallet of 14,634.14163414 Bitcoin, becoming a multi-millionaire overnight, having earned a net worth just shy of $300 Million USD. He excitedly made his first phone call of the night reaching out to Bell.
“Hey Siri, call Bell.”
“Calling Bell – Mobile”
“Hey, what’s up?”
“Not too much. What’s up with you?”
“Oh nothing, just getting ready for bed. I have work early in the afternoon tomorrow but I want to try to get to the gym in the morning. The only way I won’t be exhausted is if I go to sleep now.”
“Yeah, that's cool. Hypothetically, yeah, if your time wasn’t filled up with working a menial job, what would you do?”
“Honestly I’d love to finish getting my Graduate’s degree, maybe go back to China. I loved my time in Undergrad but it was so tough that I really needed a break. It’s just been so jarring to me how difficult it’s been to get back into academia now that I’m in the real world, you know?”
“OK.”
“What’s up with you? Got some exciting plans for the night? You always have crazy shenanigans under your belt.”
“I swear it just happens to me by accident, but yeah. I’m planning on blowing someone’s mind tonight.”
“Ooh lucky them! What’re you gonna do? A surprise visit? Or buy them a gift? Or is it a secret?”
“It won’t be a secret much longer, I just wanted you to know first.”
“Know what first?”
“I’m filthy rich Bell.”
“What?”
“I’m sitting on a few hundred million dollars.”
“WHAT?”
“What country are you from?”
“What?”
Getting comfortable with his Samuel L. Jackson impersonation, he raises his tone: “’What’ ain’t no country I ever heard of! They speak English in ‘What’?!”
Familiar with the reference but still reeling from the news, Bell plays right into his prank.
“...What?”
“English motherfucker! Do you speak it?!”
“Yes!”
“Then you know what I’m saying?”
“Yes!”
Getting as far as he needed to with the joke, he lets out a boisterous hearty laugh and continues the conversation, back to his usual austere speaking voice.
“Relax, love. Quit your job. Enroll in any school you want. Find a new apartment. Order a mani-pedi to a five star hotel, and then stand up your appointment to go to the casino. Your old life is over.”
Thumb to screen, end call. Before the Phone app can finish spelling out “call ended”, he quickly double taps the home button, finding his Messages app open right behind Notes and Voice Memos. A single text to Bell goes out; to let her know that this is the difference, this is what separates the wheat from the chaff, to let her know that she is now wheat and no longer chaff:
“Painted ultrapure white walls triple coated, a high ceiling, in-wall light fixtures, foliage incorporated into the architecture, soft-close furnishings, and lastly location, location, location.”
Bell takes a moment to read the text. Her mind still, but her heart beating faster, the news truly settling in for the first time. She begins to sob uncontrollably.
submitted by viliscane to libraryofshadows [link] [comments]

Weekly news review (June 22-28)

Weekly news review (June 22-28)
Hello! How's been your Monday so far? It's time to check out last week's news in more depth, don't you think?
https://preview.redd.it/e5c8k44nin731.jpg?width=1200&format=pjpg&auto=webp&s=246e8efa69e1d0424d375a71716bc70d7abf024e

Two Israeli brothers have been arrested in connection with the hack of cryptocurrency exchange Bitfinex and other crypto-related phishing attacks.
An Israeli police spokesperson reportedly told Finance Magnates that Eli Gigi and his younger brother Assaf Gigi netted tens of millions of dollars. The two are suspected of being responsible for long-term systematic theft of cryptocurrencies by maliciously obtaining access to other users’ accounts.
The two allegedly created credential-stealing clones of major online cryptocurrency exchanges and wallets and sent links to those phishing sites on Telegram groups and other cryptocurrency-related communities. The two are also accused of being responsible for the 2016 Bitfinex hack, which saw multiple accounts being compromised.

A Panamanian company called TheraCann has begun to add “DNA tag-based forensic traceability and authenticity with TruTrace’s Industry Blockchain Hub.” In other words they’re sequencing your weed’s DNA and sticking it onto the blockchain.
The company has been working to ensure that the weed or oil you take in is legal and traceable and they have a number of products that shows how weed travels via live maps. To that end they have added these DNA tags to TruTrace Technologies blockchain-based StrainSecure database. The company began as BLOCKStrain and is based in Vancouver, British Columbia. It is currently traded over the counter and it does not have a token.

Joseph Muscat, the Prime Minister of Malta, announced that every rental contract in Malta would be registered on the blockchain.
This initiative ensures security, prevents record tampering, and ensures only authorized persons can access the records, said Muscat. Additionally, the distributed ledger prevents the possibility of there being contracts in place for which there is no record.
The government will reveal the full details of the proposed rent reform in the coming days.

Wednesday, June 26 — Bitcoin (BTC) had broken the $13,000 price mark, and many of the top-20 cryptocurrencies had been showing double-digit gains on the day.
Bitcoin’s recent rally has caused a stir in the crypto community, wherein some of its players have made predictions on its further price dynamics. eToro analyst Simon Peters has claimed that BTC prices could match their all-time high of $20,000 within the next two weeks — and could hit $50,000 or $100,000 by the end of the year.

Instagram is experimenting with making the like counts of a post private rather than being publicly available to everyone to see. This change has already been seen in experiments by Instagram users.
In an interview with CBS, Head of Instagram Adam Mosseri stated that they are playing with making like counts private because they do not want Instagram to feel like a competition.
While some feel that it could harm businesses and accounts that are trying to grow, others feel this will increase engagement where users do not have to care whether their posts are liked or not.

Have anything to add? Let us know in the comments section down below!
submitted by rokkex to Rokkex [link] [comments]

[OFFER] Multiple multinational NON-VOIP numbers from $1–$3

Here's my rep. I accept Paypal Friends and Family, Google pay, and rarely BTC and ETH. Here are my terms for accepting payment.
Note that my numbers come from real people and, therefore, may have been used before. In the case that a service provider sends a code to a used number, I can guarantee neither a refund nor a replacement.
The following is a list of services and prices as of the time this is posted. I don't always have a number for each service, and the price for a service is only set in stone once we've discussed and agreed on one. Each number persists for only five to fifteen minutes, and I lose access to it after I receive a code*. If the service provider doesn't send a code to the number I give you for whatever reason, I'll be able to either get you a new number for free or refund you**.
I also offer non VOIP non US verifications as well for a variety of countries. The price depends on the country and fluctuates often so just ask and I'll tell you the price.
Comment and message if interested, pm preferred over chat.
*If you need the same number for multiple verifications of one or more services, let me know beforehand. I may be able to set it up, but it depends on the service and will cost more.
**I'll only be able to refund you if you send via paypal. Furthermore, I won't always have a replacement number immediately available. I make no guarantees about how soon I'd be able to provide a replacement number, but it normally takes ~2 hours in the case I have no numbers available.
submitted by _PM_ME_YOUR_ELBOWS to phoneverification [link] [comments]

Top 10 Ways to Earn Bitcoin in 2020

Top 10 Ways to Earn Bitcoin in 2020

https://preview.redd.it/14i4twybxby31.png?width=476&format=png&auto=webp&s=ba30918de799fb2614f4be1284a37d9708c5bbb3
Back in 2018, the most popular way to earn bitcoin seemed to be through Initial Coin Offerings (ICOs). Over $6 billion was raised in Q1 2018 for crypto projects — many with just a white paper and a website. Business was good for founders and investors until the end of 2018 when scammers were the only ones laughing. Most investors lost money, and capital investments into ICO dropped 97%. Companies like TruStory even launched whose sole mission was to stop ICO scams from happening. By Q1 2019, less than $900 million was raised through ICOs —with regulation being the coup de gras.
https://preview.redd.it/jzn4nnegxby31.png?width=480&format=png&auto=webp&s=0c1349ad3ce82ad2b592a38c059709b5c4f00b65
So where has all the momentum shifted? The second wave of crypto projects will undoubtedly reward profits over potential. This article examines the top ways you can earn bitcoin in 2020 — from faucets and bitcoin mining to crypto savings accounts. The biggest winners of 2020 will likely fall into one of the following 10 categories. The strategy that is right for you will depend on your skills, network, access to capital, location, risk tolerance and investment timeline.

#1 - Holding
https://preview.redd.it/2rvi2izqxby31.png?width=475&format=png&auto=webp&s=5edf45a5cf880916a1cbf3dd3c889b05e27a52be
Arguably the best way to make money on Bitcoin is to buy it and hold it for many years. Smart investors rely on a strategy called Dollar Cost Averaging (DCA) to reduce market volatility. This works by investing a fixed amount on a regular schedule, ie $100 once a week for 10 weeks, which helps offset the crypto market volatility. The hard part is being patient with the investment and resisting the urge to daytrade or sell too quickly.

#2 - Lending
https://preview.redd.it/8ejpg84wxby31.png?width=472&format=png&auto=webp&s=984fbb7bb13e6064a8ae1d130d77f3f9fd9c716b
A number of fintech companies like BlockFi and BitBond now offer the ability to earn interest on your crypto holdings. Interest rates range start around 8% and can go as high as 20% for trusted lenders. The interest clients earn typically compounds monthly, although these returns mimic that of the S&P 500 so this is considered a low risk/reward option.

#3 - Day Trading
https://preview.redd.it/i1mqwm80yby31.png?width=471&format=png&auto=webp&s=b9185daf5e28b8160f8b36848b26e34e1b7b8417
A common way to earn Bitcoin trading is through trading cryptocurrencies on exchanges using 1X to as high as 100X leverage. Traders can also bet on the index of any crypto on sites like eToro or Robinhood. Daytraders will trade based on charts and trends, and try to grow their portfolio.
https://preview.redd.it/hxpg8nq7yby31.png?width=469&format=png&auto=webp&s=8441aee2cd8b258ec580faee5820510401372cc9
Another much safer form of arbitrage is dropshipping. You can source products on Amazon or from sites like Oberlo who will help you find the right products to buy. You can build an e-commerce store using Shopify or just sell on eBay. If you have a store and supply chain already, it's easy to start accepting Bitcoin using a payment gateway like CoinPayments or BitPay.
Other peer-to-peer exchanges like Paxful, Purse and Redeeem allow you to trade gift cards and other digital and physical goods for bitcoin.

#4 - Gambling
https://preview.redd.it/fghrvc3cyby31.png?width=473&format=png&auto=webp&s=7ebcc8d3a22c7e07ba7fc1c455a8b22b1f2b88b5
Gambling with Bitcoin is highly addictive, risky, largely unregulated, and offers the biggest and fastest financial volatility. Some popular crypto gambling sites include CloudBet, BetOnline, FortuneJack, Bovada, BetUS and hundreds of others. For more rankings, click here.

#5 - Mining
https://preview.redd.it/h9q7uphpyby31.png?width=471&format=png&auto=webp&s=64c18aeb8fc4bee85f9e1b8275385223f017c825
Despite the fact that over 80% of Bitcoin has already been mined, bitcoin mining is still a $4 billion annual industry. Since mining was intentionally developed to require advanced hardware, it's an expensive process that requires large mining facilities to be profitable. For this reason, most large-scale mining operations are located in China where electricity is cheap.
To be successful, individual miners are forced to join collective mining pools like MinerGate or simply mine as a fun hobby with Coinmine or Homeyminer and not worry about the ROI. To learn more, click here.

#6 - Faucets
https://preview.redd.it/uejcd0ztyby31.png?width=478&format=png&auto=webp&s=de76e9b769582b83af46e78d97616c19945d0474
A faucet is just a website that gives free coins to every visitor for staying on the site or engaging with content. Some examples are Cointiply, FreeBitcoin, SatoshiQuiz and others. Keep in mind, a satoshi represents roughly 0.00000001 bitcoin, so 100 satoshi is about 1 penny. It would take 100 correct trivia answers on SatoshiQuiz to make $1 USD. It's far more profitable to own a Bitcoin faucet and make money on advertisements.

#7 - Services
https://preview.redd.it/2mizr67e0cy31.png?width=483&format=png&auto=webp&s=c698ba3fd2ee210837155a240a65c3002ae049da
There are dozens of job boards online where you can earn bitcoin for a variety of independent contractor services. Many clients on Upwork, Freelancer and other non-crypto platforms will gladly 15% discounts or more if they can pay their freelancers in bitcoin and avoid the costs of the marketplace. Other more dedicated sites are listed below.
Jobs4Bitcoin — Reddit job board for bitcoin tasks
AngelList — Job board for crypto companies and projects
Earn.com — Earn bitcoin while learning about crypto
CryptoGrind — Escrow for bitcoin freelancers
CryptoJobs — Job board for bitcoin freelancers
Coinality — Job board for crypto freelancers
Bitfortip — Earn bitcoin for helping people Indeed — Job board for crypto companies BitWage — HR services for paying in crypto XBTFreelancer — Freelancers get paid in bitcoin

#8 - Exchanges
https://preview.redd.it/v5a0u4iy0cy31.png?width=464&format=png&auto=webp&s=543a50490c066b904fe351cec925d8adcf1a6c22
The simplest and lowest-cost exchange is a Bitcoin ATM. As of January 2019, there were 4,213 Bitcoin or cryptocurrency ATMs worldwide. With many countries like Venezuela, Argentina and Nigeria experiencing hyperinflation, the world's 2.3 billion unbanked people will continue to demand bitcoin and stablecoins as hedges against inflation. The estimated startup costs for a Bitcoin ATM is about $25,000 per location, according to CoinATMRadar.
https://preview.redd.it/xoj4c5c31cy31.png?width=468&format=png&auto=webp&s=bed32024272d9c6e6e8fcdc0e7c53254e91c02e6
Building a crypto exchange or peer-to-peer trading platform will be a more expensive way to earn bitcoin as an exchange. This requires building a website, hosting wallets on the blockchain, building security protocols, creating KYC/AML policies, accepting crypto payments, building two sides of a marketplace, and a little marketing, branding and legal work. Some examples of successful P2P trading platforms are Paxful, Purse and Redeeem.
The fiat to crypto exchanges like Gemini, Coinbase and Kraken usually require venture funding, large engineering teams and banking partnerships for proper custody of the funds. Fiat exchanges also have to register as a Money Services Business (MSB). For a full list of fiat exchanges, click here.

#9 - Affiliate Rewards
https://preview.redd.it/peewibjm1cy31.png?width=475&format=png&auto=webp&s=18f067006e2edfdbae198e14d71ede66bb805dae
Affiliate programs in crypto are endless, and they can come in many different shapes and sizes. Products like Lolli and Pei will reward you with bitcoin cashback everywhere you shop. Exchanges like Changelly will give you a percentage of their fee revenue for referring clients. Wallets like Abra will give you $25 for each signup. The optimal strategy is picking a familiar product that you know and love. For a list of affiliate programs, click here.

#10 - Content
https://preview.redd.it/yh7q5vwv1cy31.png?width=469&format=png&auto=webp&s=ed03d857d94d8c11de63b5cbc21c5e311836fcaa
Bitcoin is King. Content is King. So Bitcoin Content must be God. The ability to research, write and publish high-quality content on Bitcoin, blockchain and cryptocurrencies will be a highly coveted asset in 2020. It's free to start a Medium blog, video blog or podcast and share your ideas to passionate audiences on Facebook, Twitter, Reddit or Quora. Try to build an audience first then turn on AdSense or activate other partnerships to start collecting passive revenue for your content.
submitted by levi_d-19 to Redeeem [link] [comments]

Startup Raises $4 Million to Secure Crypto Transactions Without an Internet Connection

Thieves can frequently steal cryptocurrency because the underlying technology for digital currency requires the Internet for tracking transactions—and nearly anything online can be hacked. Even so-called cold storage wallets, which store currencies like Bitcoin on unconnected physical devices, are vulnerable because users must briefly use the web to access their digital money.
In response to this problem, an Israeli startup called GK8 promises to offer a way for crypto exchanges, hedge funds, and other institutions a record of digital currency transactions without an Internet connection. On Wednesday, the company said that it had raised $4 million from investors including the founder of the cybersecurity giant Checkpoint.
GK8 was launched in 2018 by two members of a special defense unit that guards Israel’s digital assets. The startup also counts Eran Trofer, a noted cryptography expert and the founder of the digital currency ZCash, as a board member.
In an interview with Fortune, CEO Lior Lamesh described GK8’s technology as “ledger agnostic,” meaning it can be used for Bitcoin and other cryptocurrencies. GK8’s customers include the stock buying app eToro, which offers trading a number of cryptocurrencies, as well as banks and exchanges, he added.
Lamesh says G8K can record transactions to a blockchain—public online ledgers used to memorialize transactions—while offline by using a “unidirectional connection.” That means data can be uploaded without exposing the crypto owner to the broader Internet.
The company has filed several patent applications for the security system, one of which describes “unidirectional communication hardware” and a digital wallet isolated from other devices.
“The product is unique in communicating with blockchain to manage large amounts of money,” said Lamesh. “The current cold wallet solutions try to decentralize the problem but don’t solve it.”
G8K’s formal launch comes at a time when crypto theft is as prevalent as ever. A recent U.N. report disclosed that North Korea made concerted attacks on crypto exchanges as part of a campaign in which its hackers stole over $2 billion to fund the country’s military activities.
Meanwhile, the business for “crypto custody”—storing Bitcoin and other digital assets for a fee—is booming. The U.S. crypto giant Coinbase has vastly expanded its custody business in the last year, while Gemini, the crypto service founded by the Winklevoss twins, this month launched a custody service of its own.
* More Details Here
submitted by acerod1 to Business_Analyst [link] [comments]

[OFFER] Multiple multinational NON-VOIP numbers from $1–$3

Here's my rep. I accept Paypal Friends and Family, Google pay, and rarely BTC and ETH. Here are my terms for accepting payment.
Note that my numbers come from real people and, therefore, may have been used before. In the case that a service provider sends a code to a used number, I can guarantee neither a refund nor a replacement.
The following is a list of services and prices as of the time this is posted. I don't always have a number for each service, and the price for a service is only set in stone once we've discussed and agreed on one. Each number persists for only five to fifteen minutes, and I lose access to it after I receive a code*. If the service provider doesn't send a code to the number I give you for whatever reason, I'll be able to either get you a new number for free or refund you**.
I also offer non VOIP non US verifications as well for a variety of countries. The price depends on the country and fluctuates often so just ask and I'll tell you the price.
Comment and message if interested, pm preferred over chat.
*If you need the same number for multiple verifications of one or more services, let me know beforehand. I may be able to set it up, but it depends on the service and will cost more.
**I'll only be able to refund you if you send via paypal. Furthermore, I won't always have a replacement number immediately available. I make no guarantees about how soon I'd be able to provide a replacement number, but it normally takes ~2 hours in the case I have no numbers available.
submitted by _PM_ME_YOUR_ELBOWS to phoneverification [link] [comments]

Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to btc [link] [comments]

r/Bitcoin recap - October 2018

Hi Bitcoiners!
I’m back with the 22nd monthly Bitcoin news recap. I Hope you like the new, categorized format!
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in October 2018
Adoption
SegWit adoption rises to over 50% (4 Oct)
A large bus company in Europe accepts bitcoin (4 Oct)
A holiday home in Germany accepts bitcoin (4 Oct)
A coffee shop in Bern, Switzerland accepts Lightning Network payments (5 Oct)
A shop at Brisbane airport accepts bitcoin (7 Oct)
An exchange in Latin America adds Lightning Network payments (12 Oct)
Some Venezuelans have turned to cryptocurrency and gaming currencies to make money (13 Oct)
Mycelium wallet will finally support SegWit (16 Oct)
Australia Post helps Bitcoin adoption through its digital identity service (24 Oct)
Blockchain.com still hasn’t implemented SegWit 1.5 years after their promise (25 Oct)
The Lightning network is now at 12500 open channels (26 Oct)
A bar in Mexico City accepts bitcoin payments (28 Oct)
Development
A BTCPay server can now be deployed in 1 minute (2 Oct)
Bitcoin Core 0.17.0 is now available for download (3 Oct)
Electrum will get a Lightning Network integration (3 Oct)
Scaling Bitcoin Tokyo slides and presentations (5 Oct)
People discuss building on the Lightning Network at an upcoming event (11 Oct)
A Lightning Network-powered E-bike (14 Oct)
Bulletproofs were implemented in Monero resulting in a huge boost in scalability (20 Oct)
Watchtowers were merged into LND (25 Oct)
Wasabi Wallet 1.0 is released! (31 Oct)
Security
A discussion on “out of the box” Bitcoin nodes (20 Oct)
A warning about a “dusting attack” on wallets to deanonymise people (25 Oct)
Mining
By 2032 99% of all bitcoins will have been mined (6 Oct)
Bitmain’s new firmware is causing problems (22 Oct)
Antpool stops including transactions that use SegWit (29 Oct)
Business
The inventor of the World Wide Web launches a platform to redecentralize the Internet (1 Oct)
Coinbase added 5M users in ~6 months (3 Oct)
Yale University will reportedly invest $400M in a cryptocurrency fund (7 Oct)
An interview with the CEO of Bitrefill on their Lightning Network experiences (9 Oct)
The Liquid Network is officially launched as a Bitcoin sidechain (10 Oct)
Fidelity launches a digital asset service (15 Oct)
Goldman Sachs plans to use Bakkt’s cryptocurrency custody service (18 Oct)
Ledger reveals it sold 1.3M hardware wallets (18 Oct)
Goldman Sachs invests in cold storage solution provider BitGo (18 Oct)
Shapeshift’s KYC is now in place (19 Oct)
Coinbase and Circle announce the USDC stable coin (23 Oct)
An investigation finds that some crypto media outlets don’t disclose paid promotional content (25 Oct)
Research
A high-resolution Lightning Network overview (2 Oct)
Education
A guide on how to accept bitcoin using BTCPay server (14 Oct)
An explainer of Neutrino for the Lightning Network (17 Oct)
Bitcoin is the invention of digital scarcity (28 Oct)
10 years ago Satoshi Nakamoto published the Bitcoin Whitepaper to a mailing list (31 Oct)
Regulation & Politics
Scalability discussion at a Senate hearing in the US (12 Oct)
Japan grants cryptocurrency industry self-regulatory status (24 Oct)
Chinese court says it is legal to own and transfer bitcoin (26 Oct)
China’s merchants are legally allowed to accept bitcoin (27 Oct)
A US Presidential candidate wants to exempt cryptocurrencies from capital gains tax (30 Oct)
Archeology (Financial Incumbents)
Anti-cryptocurrency propaganda promoted by American Express (16 Oct)
Many of the banks calling bitcoin a money laundering tool are caught money laundering themselves (19 Oct)
Mastercard files patent for bitcoin transactions on credit cards (26 Oct)
The Visa CEO says cryptocurrency is not a big threat but they will support it if needed (27 Oct)
Banks asking you for the reason for payments is why we need bitcoin (28 Oct)
Price & Trading
Analysis on the activity of ‘whales’ in the bitcoin market (10 Oct)
Bitcoin has been less volatile than Nasdaq, Dow and S&P 500 (24 Oct)
Fun & Other
People discuss the quality of some largely upvoted posts on Bitcoin (7 Oct)
People try to make clear that Bitcoin has no CEO (8 Oct)
An easter egg in the Bitcoin genesis block (12 Oct)
A bitcoin ATM operator gets money back from the police who confiscated it (13 Oct)
eToro creates a cryptocurrency ad with Game of Thrones star (17 Oct)
$194M was moved using bitcoin with a $0.1 fee (19 Oct)
Why Bitcoin and Cryptocurrency have no future (21 Oct)
Elon Musk’s Twitter gets blocked when talking about Bitcoin upon suspicion of being hacked (23 Oct)
Apple co-founder Steve Wozniak plans to travel somewhere using only bitcoin (26 Oct)
A Halloween gift with claimable bitcoin (29 Oct)
Someone gifts $20 of Bitcoin to Janet Yellen’s public email after she makes negative statements on stage (30 Oct)
Bitcoin receives a lot of bad press based on a poorly researched report (30 Oct)
See you all next month! ✌️ Try to do something good for Bitcoin!
submitted by SamWouters to Bitcoin [link] [comments]

New Cryptocurrrency Q DAO Aims to Reduce Instability in the Digital Currency Market (Plus some for free)

In the age of digital currency, many times over throughout different crypto assets' history, large price swings are apparent in nearly every market. These large swings can be profitable for some, but can cause a loss of confidence to holders and adopters. Q DAO i creating an ecosystem based on digital currency that is looking to stabilize its assets' ecosystem by providing assets backed by collateral. Q DAO is promoting their network by giving away assets, we'll talk about that at the end of the article, but we will take a look at Q DA) itself to get a better understanding of what it does and what it looks to accomplish.

What is Q DAO?

On the QDAO platform, their are two coins available, the USDQ and the KRWQ. The USDQ is created using smart contracts backed by Bitcoin assets on a decentralized network on the blockchain. KRWQ and future stable coins, are linked to fiat currencies on a decentralized network. Either coin allows for smart contracts to enable the network to stabilize the price of their currencies on the network and create stability to the ecosystem using smart contracts and Collateralized Debt Positions.
There are 5 steps to creating a collateralized Debt Position or CDP

Advantages of USDQ

Having a digital currency based on a stable price backed by assets encourages users and an ecosystem that promotes trust and participation within the network which will help to expand use, and utilization.

Q DAO Security

The platform has a system in place that has several stages to protect the network and users in the event of attacks on the network. This process can start with shutting down loan and contracts and as a last resort, automatically sending collateral assets back to their users. This multi-tiered approach prevents losses to the users and further promotes trust within the ecosystem.
CDP Creation
Users only need an email account with which to receive notifications and private keys to new wallets and an to access applications within the network.
CDP Activation
Once users have their part in the network in place, they now can transfer Bitcoin and create loans based on individual parameters.
USDQ Generation
Once the network has established collateralized assets within users accounts, the network generates the USDQ assets and integrates access for the user throughout the ecosystem.
Equilibrating Collateral
One of the best features is the ability for users to adjust their collateral depending on prices fluctuations. If their collateral price goes down, the user can adjust their collateral amount to ensure stability, alternatively, if their backed asset value goes up, th user receives that amount in a liquidation process.
Withdrawals
When a user is ready to repay a loan, The user repays the USDQ-denominated loan and the Stability Fee, and users use their private keys to sign the transaction, allowing them to retrieve their collateral assets back.

Liquidations of CDP

On the Q DAO platform,there is an automatic process of liquidating CDP assets to ensure that there is enough collateral to ensure outstanding loans are covered. CDP liquidations are automatically engaged by the ecosystem by determining the Liquidation Ration based on the CDP type. These assets are purchased by the network and sold on the open market.

Who are the users of Q DAO?

Q DAO consists of keepers. These are independent groups that utilize the network to earn a profit while contributing to the ecosystem and operations on the platform. These keepers use the platform for debt and collateral options while ensuring the process for CDP liquidation occurs smoothly. These keepers also ensure that the price of USDQ remains stable by buying or selling USDQ as the price rises or falls below $1 dollar.
In addition, keepers trade USDQ whenever it experiences short-term deviations from the Target Price. Whenever the current market price goes above the Target Price, keepers move to sell. And whenever the market price goes below, they buy. In this content, the Keepers expect profits to be realized when the coin returns to the Target Rate in the longer term.

The Big Picture

Looking at the big picture, Q DAO is making a leap into the digital currency market by making a network which will allow smart loans based on smart contracts and a decentralized network which takes away much of the instability that most digital coins and tokens have. To promote their network, for a limited time they are giving away USDQ to users who want to promote and spread the word. To get your own free USDQ, head to their Bounty site to grab yours today!
For more information on Q DAO, here are some great links for more information:
Main information Page
White Paper
Bounties
Telegram
Kakao

Current Exchanges trading USDQ
BTC-Alpha
eToro
Crytpo.com
‍Original article can be found at https://www.bloxnews.net/articles/new-cryptocurrrency-q-dao-aims-to-reduce-instability-in-the-digital-currency-market-plus-some-for-free
For more great articles and videos check out bloxnews.net
submitted by BloxWorld to u/BloxWorld [link] [comments]

Cryptocurrency and Blockchain – Industry News – (04.19.19 – 04.26.19)

Cryptocurrency and Blockchain – Industry News – (04.19.19 – 04.26.19)

Total Market Cap, as of 04.26.19 at 12:00pm (PST): U.S. $169,063,821,472 (-6.21%)

Missed last week’s update? Click here

STORY OF THE WEEK

• The New York Attorney General announces a court order against iFinex, the parent organization behind Bitfinex and Tether for allegedly covering up a U.S. $850,000,000 loss. Bitfinex has since released a statement denying all allegations.

CRYPTOCURRENCY TRADING SERVICES

• Effective April 30th, 2019, South Korean exchange Coinnest will cease operations.
• The first 100,00 registrants of eToro’s cryptocurrency wallet app will earn 0.1 Ethereum (ETH).
Binance Singapore launches with a dedicated Singapore dollar (SGD) to Bitcoin (BTC) fiat onramp.

REGULATION

• Japanese financial regulator, The Financial Services Agency (FSA) raids 2 cryptocurrency exchanges – Huobi Japan and Fisco.
• 21-year-old Joel Ortiz has been sentenced to 10 years in prison for stealing more than U.S. $7,500,000 in SIM-swapping.
• The State of New York issues first ever conviction for cryptocurrency money laundering. U.S. $2,800,000 was laundered through illegal substances sold on online platform NextDayGear.

TECHNOLOGY

• “Beapy” a cryptocurrency mining malware spread through malicious emails is on the rise according to security giant Symantec.
Blockfolio now offers automatic portfolio updating on 7 cryptocurrency exchanges (Coinbase, Coinbase Pro, Bittrex, Binance, OKEx, Poloniex and Bitfinex).
Yelp introduces a “accepts cryptocurrency payment” filter on its iOS application.

INSTITUTIONALIZATION

• French lender Societe Generale SFH issues a EUR 100,000,000 bond in the form of a security token on the Ethereum blockchain.
J.P Morgan’s P2P network, “Interbank Information Network”, has signed up over 220 banks. The network is designed to facilitate cross-border payments
TD Ameritrade is offering paper trades for Bitcoin (BTC) and Litecoin (LTC) through NASDAQ.
Samsung invests U.S. $2,900,000 into cryptocurrency hardware firm Ledger, bringing the valuation for the firm to roughly U.S. $290,000,000.
Nike files for a patent for “Cryptokicks” with the intent to use the name to provide a digital currency for use by members of an online community.

PEOPLE

Coinbase lays off 30 employees as a result of shutting down Coinbase Markets – a division dedicated to creating trade matching engines and HFT algorithms.
SoftBank founder Masayoshi Son allegedly lost U.S. $130,000,000 as a result of a Bitcoin investment back in February 2017.
• Hardware wallet manufacturer Ledger appoints its current president Pascal Gauthier as CEO.
• The U.S. Securities and Exchange Commission (SEC) looks to hire a financial analyst for cryptocurrencies.

TWITTER

@MarkYusko – “People ask me why would someone from traditional investment world cross over to #Blockchain & #Crypto world? Because never in my 30 yrs of managing capital have I seen an asset that delivers on promise of return enhancement & risk reduction through low correlation like Bitcoin”
@APompliano – “Bitcoin has no CEO. It has no fancy offices. It has no marketing department. It raised $0 from venture capitalist. Yet, it is worth $100 billion in just 10 years. Bitcoin is an example of why product-market fit is the only thing that ultimately matters.”
submitted by Edmund_N to CryptoMarkets [link] [comments]

Consensus 2018 Report (Continuous Updates Through May 17th)

Happy Wednesday! We are live!
Consensus Short Statistics
State of Blockchain
Don Tapscott
-"We are entering a new era of trust"
-Generally remarked on the benefits of blockchain. Identified the 7 types of crypto assets (Currencies, Collectibles, Stablecoins, Natural Asset Tokens [Representing minerals, water], Utility Tokens, and Security Tokens.)
FedEx
As I remarked in my comment earlier, FedEx is incredibly bullish on blockchain technology generally, but specifically in it's applications for cross-border shipping and asset-tracking. As I learned, the definition of what constitutes a "coffee cup" differs from place to place. Using blockchain, Smith says, FedEx can protect against unforeseen obstacles at customs. "Information about the package is as important as the package itself," he claims, further adding that the risk of experimenting with cryptocurrency is "de minimis" when compared to its alternative. During the session, FedEx unveiled "Trons", bluetooth-enabled sensors integrated with blockchain first announced in 2016.
Jim Bullard, St. Louis Fed
Fantastic, informational lecture regarding the history of currency and how civilizations have reacted to various implementations. Generally, Bullard notes, humans want a uniform currency. He compared cryptos with state/provincial bank notes, citing the problems faced with exchange, regulation, and value verification. We haven't yet realized this problem with cryptocurrencies since the market cap is relatively small.
Insightful statistics about and charts comparing GDP to the inflation/exchange rates of the DollaYen. Surprisingly, the volatility charts look worse than Bitcoin. Catch all of these when the videos are released later this week.
Summarizing, Bullard claimed that there will be a plurality of coins sharing the ecosystem, each providing a specific use. The Federal Reserve will likely mint a fiat/cryptocurrency that represents a stable stock of U.S. dollars sometime in the mid term future.
Jed McCaleb
I spoke with Jed of the Stellar Foundation. This is a Bitcoin subreddit, so I'll skip this part. You can find the full transcript of his thoughts here.
Charlie Lee and David Schwarz
Both spoke on a panel about interoperability between Bitcoin, Litecoin, Ripple, etc. Developers better understand that most cryptocurrencies can interface as long as they use the same "hooks". Schwartz compared this ideal system akin to TCP-IP; a minimal framework making as few technological demands as necessary.
An ecosystem with multiple coins utilizing different security protocols and consensus mechanisms is "good for Bitcoin". In a theoretical world where power becomes abundant, what happens to PoW? We want the ability to migrate to a new protocol without upending the entire financial system. In a world where security is compromised, redundancy is critical.
Lee sees UI as the next significant hurdle. Not for speculators, but for mom-and-pop investors without much tech savvy.
TxTenna
-Hardware to expand and facilitate mesh networks.
-Even if you own Bitcoin, transfer can be censored/inhibited through the network communicating the transaction to the blockchain.
-Using mesh networks, we bypass many of these constraints dealing directly with sovereign ISP's.
-This is fantastic for Bitcoin users in 3rd world countries/those with oppressive regimes. I will leave this to your imagination.
RSK
-Smart contract platform on top of the Bitcoin protocol. -Ecosystem challenges (Tx costs, security, scalability) -Tx cost is $0.035 - +10% hashing power -Up to 100 tps. -Next -Payment channels (Lumino) -Predicability (Fiat-based fees) -Decentralization (BTC and RSK full-node rewards) -Interoperability (inter-blockchain integration) 
I'm sorry if you find this post lacking/off topic. Attempted to refine down to only what might be relevant to a Bitcoin trader. Even if Bitcoin isn't specifically mentioned, many of these innovations/philosophies will apply to the crypto space generally and, thus, to Bitcoin.
It's already the end of Day 2 and I'm finishing the write-up for D1. I'll compile D2 and D3 for brevity's sake. Most of this news is now relatively (a day) old.
Thanks for your attention and help supporting the crypto revolution.
P.S. "Where is my Consensus boost!? I thought BTC should be $10k by now!"
Historically, the Consensus Boost happens several weeks after the event, likely as news disseminates.
OH FUCK
I FORGOT
Joseph Lubin bets BlockChain Capital's Jimmy Song, "any amount of Bitcoin" that blockchain will have widespread enterprise adoption within 5 years
Day 2
Will try an update. Sitting through, eToro will be opening business in the United States, launching a wallet shortly after. Users can view successful traders' profiles and subscribe to their trades, copying them second-by-second.
Circle announces a USD stablecoin and crypto wallet.
HTC announces a crypto phone.
Deloitte releases preview of cryptocurrency report, shows majority of companies pursuing blockchain.
-"But this is just blockchain". Yes, and a rising tide lifts all ships.
The Magical Crypto Friends Live From Consensus. Warning, shitty audio.
-Founders of several currencies (Litecoin, Monero) discuss Buffett, Bitcoin, and other BS. 56 minute duration. For the hardcore.
Day 3
Alright!
Ledger
-Announcing a consortium for investors/institutions who manage multiple accounts. Today, Ledger Nano S is really only useful to the individual owner.
-Called, "Komino"? (Japanese Script).
-Isn't this compromising the dream of Satoshi? Speaker thinks no. The dream is that everyone can use Bitcoin as they see fit. Large companies can have positions in Bitcoin without changing the life of crypto maximalists who can still use cryptocurrencies.
-Bankers have the right to "Go full Moon and lambos".
Polymath
-The next big wave in crypto are Security Tokens.
-Real estate, equity in companies.
-Amongst crypto VC founders, Security Tokens will comprise 50-90% of the crypto market in the coming years. Currently, the share is approximately 1%.
-You can create a security token right now. Log on here and try the demo.
-First blockchain telegram to reach 50,000 users.
-Integrating with tZero. All new securities should have liquidity out of the box.
-ST-20. A security token standard designed to ameliorate many of the issues with fragmented ICO's.
-Launching a ST Venture Fund, "Polymath Capital".
-New CoinMarketCap competitor. "Tokens.com". Perhaps they'll finally force some innovation on the CMC side.
-Polymath 2.0 TestNet now live.
BlockStack
-Internet 3.0 is here. Mesh networks, decentralized data, crypto assets. We are not storing data with companies anymore, we are personally responsible. One day, we will have a universal ID that removes the need for a rolodex of passwords, usernames, and security questions.
-BlockStack members advise on Silicon Valley. Fun fact.
-Infrastructure and speculative investment grew from less than $100B in January, to $100B in May, and, finally, over $600B by November.
-Sounds like a dApp talk. They're making iTunes for dApps. I'll come back when he says, "Bitcoin".
Jack Dorsey and Elizabeth Stark
-Jack first heard of Bitcoin in St. Louis via a group of Cypherpunks.
-Appreciated the complexity of code, but didn't realize the potential just yet.
-Met some engineers who wanted to build a Bitcoin solution for Square. Buyers/sellers could accept Bitcoin without knowing they were using Bitcoin.
-Community "felt like Usenet" as it developed between 2014 and 2017. "Felt electric".
-Claimed Square's strengths are speed and simplicity. Credit cards are complex and often emotional. Talking about the Cash app, the goal is to revisit the coffee purchase of old and make it feasible using Bitcoin.
-"We have evidence to show people are using this as their primary spending account, their primary bank account, and, in some cases, their only bank account."
-"We have people that have been blocked from entering the financial industry." Even merchants had problems accepting payments. "Reaching the underserved, reaching the unbanked", he says, feels good.
-On Square adopting Bitcoin. "It was certainly contentious within our company." "I guess we always take the mindset that we can't wait for things to happen to us...If we want responsible uses...then we have to make that happen, we have to do the work to educate regulators, educate the SEC, show that we can provide more access to more people...give people a chance to participate in the economy...still a lot of disagreements and fights, but that's where the magic happens. We really push through, and this tested us. There was certainly a spotlight on us because of that fact, but there are a lot of unknowns. We ran towards them."
-On the future, the potential of Bitcoin. "The internet deserves a native currency. It will have a native currency. I don't know if it will be Bitcoin or not, but I hope it will be. I appreciate the technology so much; the principles behind it. Using the guide that the Internet will have a global currency...it's going to happen. As a company, as individuals, we need to learn how to make that happen. The biggest thing I worry about as a company is there is so much openness within the community, I hope nothing corporate will come in and threaten it." Protecting the open-source nature of the work. "This is a discussion I have a lot with Mike and the team. No one company or corporation should own this. This is the main question of everyone I meet in the community. We have a completely open mindset to ensure this remains a completely open platform. Let's not wait for it to happen. Let's do our part to encourage it to be used in healthy ways and ensure that everyone has access to it. If we ever go astray call us out. We can't do any of this without the technology being strong and available to everyone."
-"Obviously we are a centralized organization that benefits from decentralization. It's a theme of conversation within our organization and we're looking to decentralize our workforce. Cash is an interesting application in our company." Going to Australia next week to check in with the local team there. They are agnostic on what locale partners decide to nest in.
-Large corporate HQ's like Twitter and Square, "are a thing of the past". People will be able to work from wherever they please.
-"Nobody is going to a bank for a $6,000 loan. They're going to friends and family." They can all be served with this technology.
-Hesitates to make articulated 5-10 year predictions, prefers patience and iterating as each year develops. "We want to go back to the original idea of being able to purchase a coffee with it. That's why we're working with you. Whatever it takes to get there, we're going to try and make it happen." Encouraging more access to the financial space is the primary objective of the Square organization.
-"Over the past two years since we've really pushed our way into this, I've felt that electricity"
-Elizabeth Stark feels like she's living through the mid-90's again, "In a positive way".
-Stark is an optimist. "Really seeing the value behind the means of transacting without a middle party." It wasn't until Satoshi's whitepaper did we have the means to build a solution to this problem.
-"Our goal with Lightning is to enable an application layer like the Internet". -Stark
-On potential, compelling apps built on Bitcoin. "As I said, there's just so much to trust, to identity, to decentralizing almost everything we use today in a centralized way. We get the power of the crowd, the ability to see so many amazing perspectives and opinions to make our answers much better. I don't think about that as much as I think about what we need to focus on."
-On what they need to focus on. "There's a desire for more. There's definitely an incentive to hold the technology and encourage a mindset of saving rather than spending. But making it easier to spend, easier to transact, easier to do the everyday is what we need to focus on. We aren't necessarily going to be the company that comes up with the right frameworks or technologies, but I'm confident we'll be part of facilitating the process."
-The ultimate relationship with a regulator is that of education, Dorsey claims.
-On becomng a global company. "If we were ever able to use it as a payment mechanism today, we could release it all over the world opposed to the 5 markets we're in today. With each market, we have to find a banking partner, work through the regulatory." Only way to accept credit cards in Japan involved a 15-minute interview with an official. There is a large amount of legacy legislation that hampers adoption.
-On the next steps of democratizing finance. "Hardest part is continuing this conversation...certainly the regulatory bodies around the world, the banks..." Slowly but surely, Square is converting Goldman Sach's-types, showing them the reasons behind the movement. Having, "healthy discussions at the board level."
-On advice getting started in the industry. "Follow the conversation on Twitter, first and foremost. (laughter) And not just follow." When he first followed the industry, he felt like he had nothing to contribute. Join the conversation, express a point of view. "So many people fear expressing an opinion...instead of treating it like a conversation". "While you follow these conversations--jump in. People are going to think you're weird, they'll disagree with you, but you'll sharpen your opinions...find where they resonate." Pursue success from there.
BCash
I visited the BCash table and asked the representative to respond to claims that the company was causing label confusion amongst BTC and BCH. She locked up, asked if I was press, and, "was not at liberty to discuss the topic".
Scam. Scam. Scam. Did I say scam?
That's it for Bitcoin! Thanks for playing Consensus 2018!
I have tons of photos to upload, which I'll share in the Daily General Discussion as they come online.
submitted by MysteriousBarber to BitcoinMarkets [link] [comments]

Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to Bitcoincash [link] [comments]

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