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Dragonglass

Dragonglass Airdrop is worth 2000 DGS tokens (~$ 5) for the first 5000 participants. About Dragonglass Dragonglass is the world’s first gamified crypto-mining experience. Mining Dragonglass cryptocurrency is as easy and fun as playing a mobile game. It provides user-friendly and affordable cryptocurrency mining solution to everyone. Dragonglass is listed on CoinMarketcap. Would you like to receive the latest free Airdrop Alerts? Join our Airdropalert Telegram. How to join Dragonglass Airdrop? Go to the Dragonglass Airdrop form. Join Dragonglass on Telegram & Write a constructive message immediately after joining. Submit your Ethereum wallet address and other details to the Airdrop form. If you use the ''CLAIM AIRDROP'' button below to claim the Dragonglass Airdrop, it will automatically show on the main page with a purple check mark. So you can easily track which airdrops you joined and which ones you need to join. If you liked Dragonglass Airdrop, also check out BitSafe Exclusive Airdrop and Betking Exclusive Airdrop.

3 days ago

My take on OmiseGO, expectations vs reality, expectation management, developmental status and short/midterm future analysis and concerns.

Some might know me, as I’ve been around since the beginning shortly after ICO. I was very excited, to the point of shilling it to friends, family, on reddit and twitter. Defending this team, project and community. I tried educating people, correcting FUD and actively engaging in discussions. I am not posting this for sympathy, upvotes or whatsoever. I want everyone to know what has been said, how it’s been said, when it’s been said and compare that with what we have right now. If I posted anything wrong, correct me and I’ll stand corrected. I also believe there are things going on that need attention, for the sake of the future of this project. English is not my native language so I'm trying to keep this post as readable as possible :) The way this project was announced made me feel like this project was different from any other crypto. Had major backers in the likes of Vitalik, Poon. Aims to provide a solution to real world problems, can drastically change lives. This token is supposed to be a utility token, that will eventually ‘earn’ you fees. This way the token will have an intrinsic value, in contrast to many tokens out there. It all felt like a no brainer buying in, especially compared to other tokens/currencies out there. ------------------------------ The last few months were absolutely brutal. Times like these also make you critically assess your ‘investments’ and evaluate where we stand and where we are heading. Ofcourse, bear markets can clog your mind and reasoning abilities possibly even more so than in bull markets. I can safely say I am not immune to these drastic market movements, but even though I have invested a lot of money, it is money I can afford to lose. Which doesn’t mean I should be okay with it. I have been seriously emotionally attached to this investment because I want it to succeed so bad. I care about the project and I appreciate the people working on it. A slur of death threats and extremely offensive, racist remarks is not something the team deserves and I’d like to distance myself from people like this empathically. **We can all come to the conclusion OmiseGO is far from succeeding in their goals laid out in their whitepaper, crowdsale docs and public communications, and I believe now is the time to evaluate and look back all the way to the moment OMG was announced on the 17th of February, 2017 (close to 22 months ago) and announcements, developments plus comms by the team along the way.** ------------------ I will start at the beginning and use tweets from the official OmiseGO twitter account. ####**February 2017** https://twitter.com/omise_go/status/832624847314247681 . Announcement of OMG. Notice how this tweet already contains Q4 2017, which immediately provides a sense of ‘this is all around the corner, all we need is a token sale done in Q2’17. The first few public communications by the OMG team were tweets about tendermint, for example this retweet by the OMG team: https://twitter.com/marekkirejczyk/status/832885686554460160 . PoS research so advanced already! Then there is this retweet of an article containing an interview with Thomas Greco (who’s role has mysteriously diminished) from the 20th of February 2017. https://www.ibtimes.co.uk/omise-using-ethereum-create-decentralised-inter-asia-m-pesa-1607451?utm_campaign=soficalflowtwitter&utm_source=socialflowtwitter&utm_medium=articles Interesting little outtake from this article: > “Wendell Davis, product development lead, Omise, said: "If you are going to launch a mobile money platform you need people to accept it. You need merchants etc. The justification for Omise doing a project like this is we have already done that type of business development with 3,000-plus major merchants from the likes of airlines to large corporate holding companies that have restaurants and things like that. That business is already done; those relationships already exist. > Regarding the token sale and the initial role of token holders, he added: "We want there to be a variety of stakeholders and we want those stakeholders to have access initially to what we are calling our fee revenue. Basically while we are operating this network of wallets - whether on behalf of this company or that company - we are taking small fees. To begin with OMG token holders will be able to claim a percentage of fee revenue so that they can participate in this.” Notice how it suggests the token is going to have utility ‘initially’. ####**May 2017** On the 3rd of May 2017 we have a tweet with Vitalik and Poon sitting at the table with OMG https://twitter.com/JUN_Omise/status/859991740282945537 Shortly after that there’s an ethereum meetup with Poon and Thomas Greco https://twitter.com/omise_go/status/862945097108815872 and just a week later we have the actual OMG whitepaper written by Joseph Poon https://twitter.com/omise_go/status/865570171758542848 . The first question that comes to mind is where is Joseph Poon? Since writing the

6 days ago

‘Overcoming onboarding issues is the only way to blockchain ...

‘Overcoming onboarding issues is the only way to blockchain mass adoption and FunFair is leading the way, learning… https://t.co/KVMOJ6cwTT

8 days ago

VP of Product Fred Kessler talks us through the latest devel...

VP of Product Fred Kessler talks us through the latest developments on the product front here at FunFair Technologi… https://t.co/CB0plG3dkD

8 days ago

uDiamond-to-GTO is now in Japan! We also have some fun plann...

uDiamond-to-GTO is now in Japan! We also have some fun planned for this Christmas season. Check it all out in our l… https://t.co/iEB0dfdbir

8 days ago

Please tune in here: ...

Please tune in here: https://t.co/g1njk6fQHU Listeners are more than welcome to join in on the fun, ask questions o… https://t.co/kzdOcgs40k

9 days ago

EOS Centralization Woes Return as Block Producer Offers Money for Votes

The EOS network is decentralized until it is not. A block producer for the EOS blockchain has publicly engaged in a money-for-vote activity. Starteos, as the node is called, announced that delegating its node as a proxy would allow users to earn a stable income in EOS tokens. As the node is originally a game launched on the top of the EOS blockchain, it also offered its potential delegates “the corresponding amount of general game tokens,” which they can use to play Lucky Fruit Slots Machine and [again] receive revenue in EOS tokens. “Users could not only gain revenue through mining mode but also gain revenue through game mode. EOS mining mode is simple, stable and with nice revenue; the game mode maybe is more profitable and fun to play. Since we offer idle games, there is no loser in the game world of Starteos,” - the EOS node declared openly. The whole advertisement appears in contrast to what EOS promised in its original whitepaper: an easily scalable and decentralized and democratic blockchain network. However, the project has faced criticism for limiting the rights to add blocks to only 21 nodes. Each of these nodes is selected upon a democratic voting process. In a way, the reason why a transaction on an EOS blockchain should appear faster than others is that it doesn’t have to be confirmed by the entire network. Users directly elect 21 representatives to do it for them. However, an ideal decentralized network contains thousands of such nodes, confirming transactions and adding them to their respective public ledger. The process remains dependable unless a single entity gains control of more than 50% of the blockchain network. In a system that is primarily distributed, it is unlikely to happen. In the case being discussed, Starteos is one of the 21 nodes engaged in offering EOS rewards to users who vote for its node to stay in power. The practice leads to a bad experience for competing nodes that have a smaller number of EOS coins, indicating that only wealthy entities would govern the EOS network down the road. EOS Price Tumbles The EOS rate against the US Dollar, meanwhile, has dropped by more than 10% in the past 24 hours, trading at 2.55 at press time. While the correction appears to be in line with an overall market trend, the losses EOS/USD is facing is way more than what met by other top coins. For instance, Bitcoin Cash, the second worst-performing top coin on a 24-hour basis, has dropped 6%. Bitcoin, the largest digital currency, is stable after noting only 0.5% drop within the same timeframe. SOURCE: COINMARKETCAP.COM A direct correlation between Starteos’ announcement and EOS price drop cannot be established due to a week-long difference between the two events. However, the news could hurt the long-term prospective of the network unless it improves upon its infrastructure to make its platform more decentralized as originally promised. Image from Shutterstock The post EOS Centralization Woes Return as Block Producer Offers Money for Votes appeared first on NewsBTC.

10 days ago

As Traditional Payments Get Faster, What’s Left for Bitcoin?

Cryptocurrency fans like to poke fun at the two or three-days required for a bank to complete a cross border payment. Given their sluggishness, incumbents like Western Union and SWIFT seem destined to be toppled by speedy bitcoin and other cryptocurrencies. Not only are these clunky legacy systems still around, but they have been improving. […]

11 days ago

3 Short-term Litecoin Price Predictions - 2018 Week 48 Edition

When it comes to making accurate cryptocurrency price predictions, it is more of a guessing game. These markets seem to have a mind of their own at times, which makes technical analysis often only partially useful. Even so, there are some interesting short-term Litecoin price predictions worth taking into consideration. Breaking the Downward Channel var tradingview_embed_options = {}; tradingview_embed_options.width = '720'; tradingview_embed_options.height = '480'; tradingview_embed_options.chart = 'ZqIMQ48v'; new TradingView.chart(tradingview_embed_options); Thrust from wave 4 triangle complete by teiseman on TradingView.com Yesterday’s price gains have put an interesting spin on the cryptocurrency markets as a whole. In the case of the Litecoin price, it has become apparent there has been plenty of downward pressure throughout November of 2018. With the price dropping from $58 all the way to just above $27, a very worrisome trend was created in fairly quick succession. According to a chart posted by Teiseman, this is the beginning of a major reversal. Although the Litecoin price has hit $2 already, the big question is whether or not any real uptrend can be sustained. To speak of an actual uptrend, one LTC needs to surpass the value of $40 in the coming days and weeks. Failure to do so may lead to even further downward pressure, which can lead to a drop below $26 in quick succession. The One-day Chart Gamble var tradingview_embed_options = {}; tradingview_embed_options.width = '720'; tradingview_embed_options.height = '480'; tradingview_embed_options.chart = 'ag0XFBow'; new TradingView.chart(tradingview_embed_options); LTCUSD - 1D Chart Analysis by ReadBTC on TradingView.com For those traders who have an extremely short-term vision, a one-day chart will undoubtedly tell some interesting tales. For the Litecoin price, the $34 is considered a pivot point, according to the chart provided by ReadBTC. At the same time, this particular chart also identifies two possible Litecoin price scenarios which can play out in the coming days. The first option is how there will be a test of the resistance level at $39. So far, Litecoin has not come close to hitting that level yet, although things can always change. The second option is how Litecoin will drop back to the support level, which sits at $24.7. Such a steep drop would require all other markets to collapse as well. While that is not fun, it is far from impossible, given what has happened throughout 2018 so far. The Eventual Push to $1,500 var tradingview_embed_options = {}; tradingview_embed_options.width = '720'; tradingview_embed_options.height = '480'; tradingview_embed_options.chart = 'fz28gWmP'; new TradingView.chart(tradingview_embed_options); Litecoin - mega wave count by C8H10N4O2 on TradingView.com Although the chart posted by C8H10N402 is not necessarily short-term by any means, there are some upcoming developments which will determine the future for the Litecoin price. It is evident the $35 level will play a key role in this department. Failure to remain above this level can easily cause a drop to $16 in the next few days. Although this trader firmly believes such a downtrend will happen, there is also a good chance the Litecoin price will hit $1,500 in the coming two years. While the current short-term price movements may seem insignificant in this regard, there is a good reason to pay attention. Should the Litecoin value remain below $35 for the next week or so, this entire chart can easily be invalidated. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post 3 Short-term Litecoin Price Predictions - 2018 Week 48 Edition appeared first on NullTX.

13 days ago

Enter the Lamborghini Raffle for 0.00057 BTC While Helping Charity

Dunstan Low is giving people the chance to win a Lamborghini for just EUR 2, around BTC 0.00057, by taking part in his raffle. Not only that, the winner will be able to donate 2% of the funds raised to a local charity of their choice. Yes, the Lamborghini is a nod to every cryptocurrency investor’s infamous dream. ”It’s a lighthearted way to get started,” Low told Bitcoin News, saying it’s important for him to establish trust with cryptocurrency users before he tackles more difficult issues through his raffles, which he certainly intends to. ”There are a lot of house raffles with more difficult stories and unfortunate circumstances that I want to help in the future, but feel that we need to establish trust in the first instance,” he said. Why offer a crypto payment option? Participants can enter the raffle using Bitcoin, Litecoin and Ripple among other cryptocurrency options. After following the digital currency revolution for several years, the idea of taking power away from institutions and giving it back to the people very much appealed to Low. ”I’m actively involved in developing a few business models that build on the raffle concept more like a decentralized method of crowdfunding that focuses on the social role and circular economies. At this point, the raffle model shares ideas with these broader and more ethos based works whilst providing a fun and new opportunity for people,” he explained. Given this framing, a cryptocurrency raffle is Low’s ideal scenario. While there are plans to add fiat payment support, he would prefer to avoid traditional models and existing banking infrastructure as much as he can. The website enlists payment gateway Coingate to facilitate transactions, which Low says has proven easy compared with standard payment providers. He noted ”I would highly recommend the option, it’s just so revolutionary and gives you a fuzzy feeling when a payment arrives and it hasn’t touched a bank.” Participants can also check the website for details on how to enter the raffle for free by post. Provably fair, how? Several questions have been raised over how it can be proven to be a completely fair raffle. The draw of Low’s last raffle (detailed below) was conducted by a Google random number generator on a random journalist phone, with the button pressed by a solicitor while around 30 journalists filmed the moment. ”We are currently looking at how to translate this into a provably fair draw using the blockchain, my developer is looking at the requirements and if we can make this happen. If not, we are happy at this point to use a solicitor or Gambling commission approved vendor, but blockchain is much more exciting and independent, so research is underway.” Crypto charity Low’s perspective is that cryptocurrency could be a great way to reduce costs and create transparency in the charity sector, generally benefiting any good causes. But more than that he believes cryptocurrency can provide much more robust and scalable solutions to solve broader problems in terms of social wellbeing, healthcare, housing, income, and innovation. ”I honestly believe that new economies can and will be built on the utility of cryptocurrencies with social ROI and crowdfunding as a core part of the model for democracy and economic growth,” he said. The winner gets to choose the charity this time around, but Low has plans to bypass charities in future ventures, donating instead directly to communities that help promote redevelopment and growth. Look out for more raffles from Low in the future, as he hopes to make them a regular occurrence. He told Bitcoin News: ”Hopefully we can start small and build up to holding regular raffles with a broad range of prizes from small items up to private islands, every Bitcoiner needs one with their Lambo! But seriously, we hope to scale up and reduce our overhead and create a new method to help as many good causes as possible and to eventually build outwards into potentially more interesting and nuanced models.” As he puts it, raffles are a good way to attract people to donate for good causes that may not be on their radar in a way that direct charity donations can not, even if people are just participating because they want the Lambo. How it all started In 2017 bankruptcy fears and the refusal for a new mortgage led Low to raffle off his home at GBP 2 a ticket. Maybe not the first option for most, Low devised the plan while faced with around GBP 4000 in monthly expenses with no income, and to top it off a GBP 250 per month mortgage payment increase when he requested a better deal from the bank. Low and his wife spent at least two years struggling to sell their house, even at one point listing the sale in Bitcoin to attract more buyers. ”I was lucky enough not to be divorced by my understanding wife” he joked. When his wife found out about the mortgage increase she insisted they hand back keys to the house. While agreeing with her at the time, Low took the next two days to concoc

13 days ago

Podcast Transcript: CryptoAge Obi on Japan’s Regulatory Sentiment and its Growing Blockchain Developers Ecosystem

Checkout our Latest Podcast with Obi In this episode, Joyce Yang from Global Coin Research is joined by Yusuke Obinata, aka Obi, founder of CryptoAge. Obi is deeply involved with the Blockchain community in Japan, and he has been helping multiple US blockchain projects go to market in Japan including Cryptokitties, Quantstamp, and Kadena. Through CryptoAge, Obi organizes frequent, large size developer meetups in Tokyo. He is also the lead organizer of NodeTokyo 2018, the first kind of blockchain developer conference in Tokyo. In this podcast, Obi and Joyce discuss the latest regulatory sentiment towards crypto in Japan, the growing blockchain developers ecosystem and how he advises projects in the US to go to market there. Obi Something interesting thing about Japanese market is that actually a lot of tech enterprises from the big like listed companies to startup interested in Blockchain and most of them have already started working on building something. Joyce Yang Welcome to the Global Coin Podcast. A Podcast where we hear from leading global operators and investors in crypto with their thoughts on the Asia Blockchain and cryptocurrency space. Asia is really a cryptocurrency hub, and understanding the region is as important as understanding what’s going on locally. We also have a newsletter that highlights all the important crypto news coming out of Asia with many translated by our staff directly from the local media. Check it out at [globalcoinresearch.com] I’m your host Joyce Yang and today I am joined by Obi aka Obi founder of CryptoAge. Obi is deeply involved with the Blockchain community in Japan and he has been helping multiple US Blockchain projects go to market in Japan including CryptoKitties, Quantstamp and Kadena. Through CryptoAge, Obi organizes frequent large sized developer meetups in Tokyo. He’s also the lead organizer of NodeTokyo 2018, the first kind of Blockchain developer conference in Tokyo. In this podcast, Obi and I discussed the latest regulatory sentiment towards crypto in Japan, the growing Blockchain developer’s ecosystem and how he advises projects in the US to go to market there. Obi My name is Obi. Yusuke Obinata in Japanese full name, but people call me Obi like Obiwan from Star Wars. I’m based mostly in Tokyo and I’m the founder of CryptoAge which is the Blockchain community for developers in Japan who are excited about crypto Blockchain. I’ve been helping a lot of international Blockchain projects and communities in everything that can be the bridge between them and Japan. So I’ve been helping projects like Quantstamp, OmiseGo, CryptoKitties. I’ve also helped Ethereume foundation to set up the first big meetup which happened in Tokyo back in March which Vitalik and Gavin Wood, Joseph Poon. There were others who came to Japan and we had like 500 people joining us. Joyce Yang That’s really great and I’ve been hearing about you from many different people in the States, who whenever I mentioned I want to try to better understand Japan, they tell me that “you should go meet Obi.” So I’m so glad you’re here on the show and talking to us... Obi Thank you for having me. Joyce Yang Yeah I know it’s great. We love to learn more about what’s going on in Japan and you being here physically it definitely will be very interesting, could you share your perspectives on what’s going on there versus what you’re seeing in the rest of the world. Obi Yes, that’s good. Joyce Yang Yeah. So in terms of crypto and what we’ve seen in the last 6 months in the country, what are your top kind of takeaways for our audience? Obi I think Japan has been like one of the biggest crypto markets in terms of like trading, holding f the Bitcoin and like a general adoption of crypto. So that’s yeah exactly what I’ve been seeing in the past few years. So I’ve gotten into crypto since 2014 when I was working at traditional VC firms investing in Tokyo and Southeast Asia. We’ve invested in a crypto exchange called BitFlyer, we were one of the first investors in 2014. So I’ve seen the market since then and especially until like the beginning of this year, Japan is all about trading and speculation. There haven’t been many developer communities here. Starting from this year, I’ve seen more and more meetups or communities started being formed. And then also, I’ve started one of them and especially in the last 6 months, I’ve seen a huge growth of interest from the developers and also students who don’t really care about the price of the crypto, they’re more interested in the technology and innovative side of the Blockchain. Joyce Yang That’s really interesting. It sounds like you’re saying that the market has really spurred a group of individuals who are very interested in building and developing for the cryptocurrency projects and you’re very involved with that. Obi Yeah. Through CryptoAge, I’ve been hosting meetups for young developers and students at least like once or twice in a month starting fr

13 days ago

HBUS Launches a Cryptocurrency Billboard Campaign That Mocks Coinbase and Wall Street

HBUS crypto exchange has launched a cryptocurrency billboard campaign that mocks Wall Street and Coinbase. The slogan of the billboard is “Evolved Crypto Trading” which is aimed at poking fun at Coinbase and Wallstreet as less evolved than the exchange. The advertisement depicts Wall Street as at the primary level of cryptocurrency trading while Coinbase is portrayed as Homo Erectus. The exchange launched this campaign since no US crypto exchange has done such a campaign before. According to Frank Fru, the CEO of HBUS, the exchange will not charge trading fees for the remaining part of 2018 to give a break to traders after the crypto market downturn. (KE)

13 days ago

What Is Bitcoin? Crypto Featured as Category on Jeopardy

During last night’s airing of the popular TV game show Jeopardy, cryptocurrency was featured among the categories contestants could choose from. I’ll Take Cryptocurrency for $1,000, Alex On Thursday night’s episode of the iconic TV game show hosted by Alex Trebek, Jeopardy, cryptocurrency was one of the six categories contestants could select from. In Jeopardy, chosen categories reveal an answer to a query and the contestants must phrase their response in the form of a question. The first answer in the category was “an altcoin is any unit of cryptocurrency other than this one,” with the correct response being “What is Bitcoin?” Next up, was the Daily Double, which had an answer “in 2018, this South American country launched the Petro currency backed by oil reserves,” referencing Venezuela’s native cryptocurrency token. The third answer touched on a “3-letter chat app” that had a similar sounding name as its cryptocurrency token - a nod to Kik and the Kin token that will power the app’s cryptocurrency ecosystem. Up fourth was an answer describing how blockchain worked. And last but not least, the answer “a lawsuit from this rapper killed off the Coinye currency,” pointed to the court case years prior between hip hop icon Kanye West and the Coinye cryptocurrency. West had no affiliation with the project but his likeness was used regardless without his permission, and a legal battle ensued that led to the founders of the project abandoning it. While cryptocurrency being featured on a popular TV show like Jeopardy really has little to no impact on prices, adoption, or other key factors, one cannot discount the value of cryptocurrencies being exposed in an educational manner to the mainstream public on one of the most watched television shows in history. Jeopardy has over nine million viewers per week tune in, and is a household name easily recognizable by its iconic jingle. Even better for crypto, the way cryptocurrencies were presented in a positive, educational manner and not the demonizing tone mainstream media usually portrays cryptocurrencies like Bitcoin. More Ways to Play with Crypto Playing Jeopardy alongside the live contestants and responding correctly in a crypto-focused Jeopardy category would be fun for just about any cryptocurrency enthusiast. But the fun doesn’t need to stop there. Earlier this year, Bitcoin was officially added as a recognized word in the popular Hasbro board game Scrabble. Merriam-Webster, who maintains the official Scrabble dictionary made the addition in September alongside 300 other words including “emoji” and “twerk.” Placing tiles on the Scrabble board spelling out Bitcoin earns the player 11 points. Scrabble points aside, investors betting on the cryptocurrency could potentially earn a lot of money, however, Bitcoin and other cryptocurrencies have been stuck in a grueling downtrend over the last 11-months. Featured image from Shutterstock. The post What Is Bitcoin? Crypto Featured as Category on Jeopardy appeared first on NewsBTC.

13 days ago

AirSwap Publishes the Top Performing Crypto Wallets, Coins and Jurisdictions for November

Ethereum-based peer-to-peer trading network AirSwap has published some fun facts about the crypto landscape in November. According to a tweet, MetaMask was the most popular wallet last month while Ledger was the top hardware wallet. Ethereum wallet Trust scored the top spot for most popular mobile wallet, while Singapore tops the list as the jurisdiction with the most trades. Basic Attention Token (BAT), which recently scored a listing on Coinbase exchange, was the most widely traded cryptocurrency in November. (GT)

14 days ago

AirSwap Fun Facts For November: Most Popular Wallet: @MetaMa...

AirSwap Fun Facts For November: Most Popular Wallet: @MetaMask_io Most Popular Hardware Wallet: @LedgerHQ Most Popu… https://t.co/8my78cpgTi

14 days ago

ICYMI... As part of this week's EGR Technology and Innovati...

ICYMI... As part of this week's EGR Technology and Innovation Summit held in Syon Park, FunFair founder Jez San to… https://t.co/GMMZwOxuz5

14 days ago

Donald McIntyre on Ethereum Classic’s Solidity, Barry Silbert, and Price

During his interview with Crypto Insider, ETCDEV’s head marketer and vocal spokesperson Donald McIntyre talked about the solidity of Ethereum Classic (to be read and understood as “robustness”, as there wasn’t a discussion about the programming language) in relation to the story Giacomo Zucco told about the tale of the three little pigs and their houses, the involvement of Barry Silbert as an investor, and why the price matters in order to encourage development of the project. Though these topics aren’t as inherently interesting or fascinating as the part where Mr. McIntyre spoke about the roadmap and all the Orbita sidechains, it’s still paramount to understand the ETC project, why it’s different from its sibling Ethereum chain, and why the intellectual and financial efforts behind the Classic place it in a unique position on the market (Turing complete, but immutable and Proof of Work). No cryptocurrency project is viable without proper programmers and a solid financial backing, so it makes a lot of sense to talk about the coding philosophy and the most prolific figures who entrust the team of developers with the required amounts of money. Barry Silbert seems to be interested in quite a few cryptocurrency projects, and he has always been on the Ethereum Classic side in terms of picking a Turing-complete blockchain. Therefore, getting an insider’s view from Donald McIntyre is paramount to understand the phenomena and properly evaluate the long-term prospects of ETC. For more information, watch the video attached or read the full Donald McIntyre transcript below. Vlad Costea: I recall Giacomo Zucco who told me that cryptocurrencies and blockchains are just like the “Three Little Pigs” and their story. Some pigs like to build their houses out of hay and they just burn down when the big bad wolf comes, others just use wood and that’s also easy to destroy, but those who really care about their security use bricks, stone, and materials that last throughout time. And maybe that to some people it’s much more fun to go to the short-term solution. I believe, personally, and this is not the opinion of my boss, I guess. A lot of people at Crypto Insider seem to be enthusiastic about TRON, and about Tezos, Cardano... but I think these are just short-term solutions. They just bring a solution which appeals to a need which exists now. But they didn’t have the patience, I guess, to build it on top of an immutable blockchain. Donald McIntyre: Yeah, I think that at the social layer... you mentioned before good people and bad people, as some are born good and those philosophies. I think that we are governed by our biology, and in general if you observe biology and human nature we sometimes lie, sometimes we are good or we are honest. We are a Turing-complete machine and we are mostly honest and cooperative. But sometimes we also cheat, and in these systems that means that we need to have the freedom to defend our individuality all the time. We don’t need somebody else to tell us how our lives have to be governed, because that somebody else is very likely to be acting in his own behalf, not ours. So it’s okay to be the pig who wants to build the hay house, and it’s fine to be the pig who builds the brick house - strong and always concerned with security. And it’s also okay to apply those philosophies or lifestyles where they fit well. In the case of blockchains like Ethereum Classic and Bitcoin, they are specifically systems of very high security. Therefore, the only philosophy that fits is the philosophy of bricks and high security. And it’s perfect that other people want to build a hay house if they build those systems on top or somewhere else. But these systems specifically have to be highly secure. Vlad Costea: I have two more questions and I see that we also have one from Twitter. I’m not sure if I should read it because it’s about price prediction. But anyway, I wanted to ask you about the involvement of Barry Silbert and his company. A lot of people observed that he was very much involved when Ethereum Classic was about to get listed on Coinbase. He was very vocal in promoting the coin, and then he just vanished. Donald McIntyre: Barry Silbert’s participation in Ethereum Classic and Bitcoin are exactly what you see: he’s a very honest person and he’s an incredible advocate for these technologies and I think that he has been... I think that I send him an e-mail once because he is very criticized by people, and I told him that he’s a “net positive” (laughs). And when I tell someone or myself that I’m a net positive or net negative... when everything you do, some things are not really good but they’re mostly good - and I think that describes Barry. All his investments, the risk he’s taking, he has skin in the game, really. He has all his capital in crypto, he has made incredible connections between Wall Street and crypto, and things like that. I think he already acknowledges that he wanted to help Bitcoin when he create

15 days ago

Hello everyone! We will be back with our fun #RollDice Campa...

Hello everyone! We will be back with our fun #RollDice Campaign again for you all to win some #IOTX points next Mon… https://t.co/MyyzKVKgHJ

15 days ago

Novogratz’s Galaxy Digital Loses Millions After Bitcoin, Ether, XRP Bets

Bitcoin, Ether, XRP Bets Gone Wrong While Mike Novogratz, is unarguably one of this industry’s foremost players, not even he, a former institutional banker turned Bitcoin diehard, has been safe in 2018’s bearish crypto market. Since crypto-centric merchant bank Galaxy Digital, Novogratz’s brainchild, was listed on Toronto, Canada’s stock exchange (TSX) as GLXY, the startup has been mandated by law to divulge its financial statements. And while regulations regarding public disclosures were made goodwill, such laws have hurt Galaxy Digital over its relatively short history on public markets. Per Bloomberg and The Block, Galaxy’s trading operations registered a loss (realized and unrealized losses amalgamated) of $41 million in Q3 (July 1st - September 30th) alone, amounting to -$136 million in 2018 so far. Per Bloomberg, Toronto-listed Galaxy saw its losses primarily stem from losing positions in Bitcoin (BTC), Ethereum (ETH), and XRP. And taking Galaxy’s reported losses into account, it can be assumed that its holdings, XRP included, are and have been rather beefy. More specifically, as noted by The Block, the $38.1 million realized losses interestingly chiefly consisted of Ether sales, in contrast to the relatively small losses through its BTC and XRP positions. Intriguingly, potentially responding to newfound hype surrounding Ethereum Classic, the firm held a small position in ETC, while even managing to garner a $1.9 million realized gain via the popular Ethereum alternative. Still, commenting on the figures, firm representatives noted low trading volume in cryptocurrency markets, along with increased competition in arbitrage scenarios, were two key factors behind the dismal performance of its fund. An official filing noted: While we continue to improve and strengthen our trading business, lack of overall trading volume in cryptocurrencies has been a headwind. While multi-million dollar losses would have irked all but the most committed crypto investors, Galaxy remains somewhat unfazed, maintaining a $90.6 million capital allocation in crypto as of September 30th through a net cost of $172.7 million. This, of course, indicates that like its fearless leader, Galaxy’s board and top brass are still sold on cryptocurrencies, and aren’t ready to fold any time soon, that’s for sure. Although Galaxy’s enamourment with crypto isn’t to be disregarded, the New York-headquartered upstart is still burning through millions in costs, reporting a $19.2 million paid (equity, cash included) for its employees’ compensation packages. Galaxy Digital (GLXY) Shafted In Crypto Bear Market Taking the firm’s dismal performance into account, it should come as no surprise that on Monday, GLXY.V, fell by 18.6% in the Canadian trading session, with the TSX quickly halting trading for the equity to prevent further hemorrhaging. In a press release responding to the tumultuous price action, the firm exclaimed that no “material change” had occurred regarding the firm’s operations due to bearish crypto market conditions. And, as Bitcoin, XRP, and this market’s foremost assets rebounded on Tuesday, so did GLXY, moving higher by 11% in a move comparable to BTC’s 13% micro-run. Then again, this price action comes just days after Mike Novogratz told Financial Times that his firm has struggled in 2018, as reported by Ethereum World News. The forward-thinker explained: 2017 was just fun, it was almost stupid. [But] this year has been challenging. It sucks to build a business in a bear market. [Staff] anxiety levels go up when crypto goes down... In most traditional business, [such as] Goldman Sachs, you don’t worry. There’s not an existential threat out there. The multinational startup even recently shut down its advisory-focused Vancouver office, before letting multiple executives go, and hiring others in New York. Sources have even claimed that Galaxy’s advisory arm had been subpoenaed by American regulators, adding to the firm’s grave situation. Title Image Courtesy of Vincentiu Solomon on Unsplash The post Novogratz’s Galaxy Digital Loses Millions After Bitcoin, Ether, XRP Bets appeared first on Ethereum World News.

15 days ago

BetKing

We are excited to bring you the new BetKing Exclusive Airdrop! About BetKing BetKing.io is an online gambling website where players can bet with Bitcoin, Ethereum, Litecoin and other cryptocurrencies. Having initially launched in April 2013, BetKing quickly grew in popularity, and by 2015 actually had the highest volume in Bitcoin wagers on the market - with bets reaching up to 400,000 BTC. This was an exciting time for the casino, which at the time only offered the fun, provably fair Dice game. As time goes on, BetKing plan on extending their games to an even broader audience, so their players can enjoy the likes of blackjack, roulette, a sportsbook and much more! BetKing Airdrop BetKing is airdropping 25 BKB Tokens (~$2.5) to a maximum of 5000 airdrop participants and 25 BKB tokens (~$2.5) for every referral. Simply register on the Betking site, join BetKing on Telegram and follow & retweet Betking on Twitter. You will receive a confirmation email and a personal referral link. If you have questions about the airdrop, please read our BetKing Airdrop FAQ. Airdrop Form If you click on the ''CLAIM AIRDROP'' button below to claim the BetKing Excluisve Airdrop, it wil bring you to the Airdrop Form.

16 days ago

Read the latest Byteball email newsletter: Fun new distribut...

Read the latest Byteball email newsletter: Fun new distribution https://t.co/hxvLfAMDYo (subscribe here for the ver… https://t.co/ul9xHqUn4f

16 days ago

As part of yesterday's EGR Technology and Innovation Summit ...

As part of yesterday's EGR Technology and Innovation Summit held in Syon Park, FunFair founder Jez San took part in… https://t.co/ClUHxhOOCg

16 days ago

As part yesterday's EGR Technology and Innovation Summit hel...

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16 days ago

Cloudbet Bitcoin casino player bags nearly 50 BTC in single spin

Cloudbet’s live casino lobby was ringing with the sound of the jackpot siren once again as a player scooped 49.22 BTC in a single spin of a Roulette wheel. Lady luck was on their side as their straight up wager on a single number in Lightning Roulette - the hottest new live Bitcoin casino game at Cloudbet - was supercharged with a 500:1 payout. In Cloudbet’s Lightning Roulette, players get additional chances to win through randomly generated lucky numbers and lucky payouts. These are multipliers that range from 50x to 500x of your original bet. And after getting the first multiplier, this lucky player went further and almost doubled his winnings to a mind-boggling 87 BTC in an incredible hot streak. It’s no wonder this game is one of the most popular roulette games available at Cloudbet. Head of Acquisition, Mirio Mella, said, “In a week which marked Cloudbet’s fifth anniversary, we’re thrilled that one of our customers had their own reasons to celebrate with a life-changing amount of bitcoin and so soon after our last big winner. Lightning Roulette is certainly one of our most fun and exciting casino games so I’m sure it won’t be long before someone else scoops another jackpot.” In September 2018, a Cloudbet player won 53 BTC while playing Roulette in their live casino. Cloudbet’s live bitcoin casino was launched in February 2014 and it features high limit, live dealer action with instant seating so there’s no waiting to play. Games are available in English, Russian and Spanish, and can be played 24 hours a day. With some of the lowest minimum bets of any cryptocurrency casino, just 0.001 BTC on most games, Cloudbet welcomes all players. And for a limited time only, new sign ups to the Cloudbet get a 100% deposit bonus and 50 free spins on slots in their casino. How much will you win? About Cloudbet Established in 2013, Cloudbet is the world’s leading Bitcoin sportsbook and bitcoin casino platform, fully licensed and regulated with satisfied customers in over 100 countries. Cloudbet offers exceptional value odds and unrivalled Bitcoin betting limits, while new customers also receive a generous 100% deposit bonus up to 5BTC/BCH. Follow this link to visit the Cloudbet website For more information: Email Follow us on Twitter for latest news and promotion The post Cloudbet Bitcoin casino player bags nearly 50 BTC in single spin appeared first on AMBCrypto.

16 days ago

Our Telegram bot and supergroup are finally here! Get daily ...

Our Telegram bot and supergroup are finally here! Get daily news, updates on crypto and exchanges, and fun weekly s… https://t.co/q0CiUJtQLM

18 days ago

Our Telegram channel is finally here! Get daily news, update...

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18 days ago

Mike Novogratz: ‘It Sucks to Build a Business in a Bear Market’

Former Goldman Sachs partner and Fortress hedge fund manager Mike Novogratz is hoping for Bitcoin to bottom out. The cryptocurrency has lost over 75 percent of its value this year, which is challenging for people like him, who are trying to build businesses based on digital assets. Mike intends to create the “Goldman Sachs of Crypto” by establishing a merchant bank that will draw institutional money into the crypto markets. What’s Happening for Galaxy Digital? For Novogratz, Galaxy Digital is a big deal since his entire $302 million crypto portfolio has been contributed to the company. Galaxy is set to raise more money in the future to improve its profile. A dual listing in Frankfurt will also help the firm fulfill its objectives and bring European investors in the mix as well. Galaxy started the year with a loss, amounting to $134 million in the first quarter of the financial year. It has $85.5 million in unrealized losses on its crypt assets and $13.5 million of losses in its trading business. In the second quarter, the situation has improved with $35 million in net income and 1.1 million of losses at the trading arm. It also has $44.8 million of unrealized gains in its principal investments business. Recently Galaxy has invested in BitGo crypto wallet and blockchain gaming firm Mythical Games as well. The Challenge of 2018 Novogratz commented on the bearish markets in 2018 and said: “2017 was just fun, it was almost stupid. “[But] this year has been challenging. It sucks to build a business in a bear market.” Galaxy Digital expanded worldwide with offices in Tokyo, London, and Hong Kong. However, since raising $242 million and listing on the Toronto Venture Exchange, its price has dropped 37 percent. The firm is currently offering advisory services to cryptocurrency companies, including mergers and acquisitions and also actively invests in crypto businesses. It also has a trading arm, and Galaxy’s asset management division has over $460 million worth of assets under management. Though Galaxy is one of the biggest projects in its newly developed industry, it is not designed for the conservative folks. Novogratz described it as follows: “[Staff] anxiety levels go up when crypto goes down. In most traditional business, [such as] Goldman Sachs, you don’t worry. There’s not an existential threat out there.” He believes, however, that the markets will “flip next year” and the prices will begin a fresh move, maintaining his bullish projections. Mike Novogratz: ‘It Sucks to Build a Business in a Bear Market’ was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

18 days ago

Novogratz: ‘It Sucks to Build a Business in a Bear Market’

Mike Novogratz, the chief executive officer of Galaxy Investment Partners, recently discussed the challenges of building a cryptocurrency investment firm in the 2018 bear market. But the former Goldman Sachs partner predicts that institutional demand for cryptocurrencies will drive the start of a new bull trend in 2019. Also Read: Snowden: “Large Population” Believes in Bitcoin as Means of Exchange Galaxy Digital CEO Discusses Market Landscape Novogratz recently opened up about the challenges involved with launching a business in a bear market. But the 53-year-old former Fortress hedge fund manager hopes the group’s cryptocurrency merchant bank, Galaxy Digital, will eventually become the “Goldman Sachs of crypto.” He started by reflecting on the events of the past year. “2017 was just fun, it was almost stupid,” Novogratz told the Financial Times. “This year has been challenging. It sucks to build a business in a bear market.” 2018 has indeed been a bearish year for Galaxy Digital, with the company’s shares dropping 37 percent since they were first listed on Canada’s TSX Venture Exchange at the start of August. The bank posted losses of $134 million in the first quarter, driven by $85.5 million in unrealized losses on digital investments and $13.5 million in total losses from its trading arm. During the second quarter, Galaxy Digital posted net income of $35 million, with $44.8 million in unrealized gains and a reduction of its trading losses to $1.1 million. Novogratz Expects Institutions to Drive Turnaround Novogratz claims to be unperturbed by the poor performance of cryptocurrencies in 2018. He expects the crypto markets to turn bullish again in 2019, with demand to be driven by financial institutions. He believes they are now moving from investing in cryptocurrency funds to seeking direct exposure to cryptocurrencies. “You’ll see that flip next year,” he said. “That’s when prices start moving again.” Despite his long-term confidence, Novogratz acknowledges the effect that the crypto-market downturn has had on Galaxy Digital’s staff. “Anxiety levels go up when crypto goes down,” he said. “In most traditional business, [such as] Goldman Sachs, you don’t worry. There’s not an existential threat out there.” Do you think that the markets will turn around in 2019? Share your thoughts in the comments section below! Images courtesy of Shutterstock, Bloomberg The Bitcoin universe is vast. So is Bitcoin.com. Check our Wiki, where you can learn everything you were afraid to ask. Or read our news coverage to stay up to date on the latest. Or delve into statistics on our helpful tools page. The post Novogratz: ‘It Sucks to Build a Business in a Bear Market’ appeared first on Bitcoin News.

18 days ago

Daily Cryptocurrency News - 24th November 2018

Here’s the latest cryptocurrency news of 24th November 2018: Everyone’s Taking Shots At Bitcoin - Novogratz, Anthony Pompliano and Dr. Nouriel Roubini In a market like this, everyone likes to express their opinion about Bitcoin. Some might be good, some might be bad and some are just interesting. The famous Crypto investor Mike Novogratz expressed his thoughts on Bitcoin claiming that it ‘sucks’ to have or create a business in these times. Speaking to Financial Times, he declared: “2017 was just fun, it was almost stupid. [But] this year has been challenging. It sucks to build a business in a bear market...[Staff] anxiety levels go up when crypto goes down...In most traditional business, [such as] Goldman Sachs, you don’t worry. There’s not an existential threat out there.”” Noogratz, known for making bold predictions about the Bitcoin price, is having rough times right now with its company - Galaxy Digital. The company shares dropped 37% since August. Moreover, the Q1 2018 produced losses of $134 million for Galaxy Digital. Q2 though had better results - with $35 million in net income. On the other hand, Anthony Pompliano is feeling optimistic about Bitcoin’s future. Despite Bitcoin’s youth as a payment option - it’s beaten stocks, currencies, commodities and bonds in terms of performance. He even compared Bitcoin with MasterCard: “We have very deep conviction on a long-term basis. And if you look at the fundamentals, the 24-hour transaction volume on the Bitcoin network is about $4.6 billion as of lately, and the market cap is $74 billion. So that’s about a 16-times multiple of transaction volume for market cap. That’s very similar to Mastercard which does about $11 billion worth of transactions and is valued at about $180 billion. So from a value perspective, it’s right there on par with Mastercard.” As he states, don’t listen to the noise. Focus on the fundamentals. https://twitter.com/Xentagz/status/1065332934721368064/photo/1 Dr. Roubini Nouriel - one of the people that likes to criticize the blockchain technology and cryptocurrencies - claimed that the Central Bank Digital Currencies (CBDCs) would bring the downfall to cryptocurrency space. Christine Lagarde talked about these last week, expressing interest in bringing the idea to life. Dr. Nouriel Roubini wrote for TheGuardian an article where he express the main points why CBDCs will take over: Central banks already have the technology - “a centralised permissioned private non-distributed ledger that allows for payments and transactions to be facilitated safely and seamlessly” If there would be a possibility for individuals,corporations and non-bank financial institutions to “make transactions through the central bank,”l CBDCs would be able to replace “the need for cash, traditional bank accounts, and even digital payment services;” CBDCs would “immediately displace cryptocurrencies” as they’re not “scalable, cheap, secure, or actually decentralized;” Authorities would “soon crack down on” privacy-focused cryptocurrencies that offer “complete privacy.” Bitcoin Cash ABC’s Mistake Bitcoin Cash ABC’s new rolling 10 block checkpoint system could put the network at risk. Even this was introduced to defend it against “deep” hostile reorganization, the risk is bigger now for consensus chain splits and offer attackers new opportunities, BitMex claimed. The update was made to introduce checkpoints - which will protect the network from bad actors tricking the network into mining fake versions of its blockchain. The results of this could lead to transactions being reversed or network interruptions. But this new update increase the risk of the network having a 51% attack. According to TheNextWeb, someone could control the network for as little as $27,000. As we all know, the hashwar between Roger Ver and Craig Wright ended by Roger ver’s Bitcoin Cash ABC winning the BCH ticker. Would Craig profit of this opportunity and attack the network as he repeatedly declared he will? More details about this can be found on BTCManager and Bitmex blog. Monero’s Lead Developer About BAT - They’re The Mafia Monero’s ”fluffypony” Ricardo Spagni recently took a shot at Basic Attention Token - claiming “They’re basically the mafia.”. It all started when Spagni discovered a “loophole” where the developers of BAT could ” steal funds from users” if they’re unclaimed tokens after 90 days. Moreover, they can also use ‘Sybil attack investigation’ and KYC/AML excuses to prevent you from claiming your coins for 90 days,”. Brendan Eich - The co-founder of Mozilla and the inventor of JavaScript programming language - explained that those were necessary to prevent bad actors from using the network for their own interest. A fraudulent user could accept grants from Brave’s User Growth Pool (UGP) and forward those to fake content creators. As for the ‘Mafia’ comment, Eich claims that clawback its available only for BAT tokens granted from the UGP that go unused. The user’s BAT cannot b

19 days ago

The Bitcoin Cash split - “Hash Wars or Ego Wars”

In his latest video, CNBC’s Cryptotrader Ran Neuner explores all things relevant in the cryptocurrency industry, tucking into the controversy of the Bitcoin Cash split, looking at the United States Securities and Exchange Commission and considering the thoughts and opinions of Vinny Lingham and Tone Vays. Fun and games!!! https://t.co/9sdh3wcegf — Ran NeuNer (@cryptomanran) November 22, 2018 In the episode, Neuner explores: The Bitcoin Cash Split sending markets tumbling - hash wars or ego wars? An interview with Roger Ver and Craig on the same show. There is blood on the markets, but is this Capitulation? The SEC’s decisive move against ICOs. And whether cryptocurrencies will benefit from Black Friday? Watch the video below:  The post The Bitcoin Cash split - “Hash Wars or Ego Wars” appeared first on Coin Insider.

19 days ago

Chatter Report: Ayre Bargains With ABC, Blockstream Sells More Hats

In today’s roundup of cryptocurrency influencers and project leaders, we detail the latest talking points from social media. In addition to Calvin Ayre bargaining with Bitcoin ABC, Wormhole SV has offered the entire Wormhole team a new job. Oh, and Blockstream are using the BCH hash war to market their new hats. Also read: Fisco Completes Takeover of Japanese Crypto Exchange Zaif Calvin Ayre Bargains With ABC In a surprise turn of events, Calvin Ayre has attempted to bargain with Bitcoin Cash implementation ABC, urging them to incorporate replay protection into their chain. Ayre even offered to stop attacking BCH if ABC follows his advice. Ayre’s tweet provoked a passionate response, with Vin Armani, founder of Cointext, educating Ayre on the complexity and cost associated with adding replay protection for BCH businesses. Armani went on to reason that BSV should be the chain to add replay protection as it is currently the minority chain. Emil Oldenburg, CTO of Bitcoin.com, echoed Armani’s argument that BSV should be the chain to add replay protection, explaining that the best replay protection at present is for users to split their own coins. Wormhole vs Wormhole SV This week Senior Developer at Bitcoin.com Gabriel Cardona landed in Beijing to meet with the Wormhole Cash (WHC) team at Bitmain headquarters. Excited to be finally working with WHC in person, Gabriel tweeted a photo of himself with the team. Not everyone viewed this collaboration as positive, however, with the team known as Wormhole SV (WSV) offering everyone in the photo the opportunity to “join the real BCH.” Interestingly, Wormhole SV has discovered that its own technology is not welcome in the BSV community, as Craig Wright doesn’t believe in the concept of burning coins. In fact, the Nchain leader dislikes the idea so much that he chose to block WSV on twitter. BCH Hash War Drama = Blockstream Hat Marketing Strategy? Blockstream CEO Adam Back has tweeted news of the highly anticipated launch of Samson Mow’s “reckless” hats. In an attempt to capitalize on the sensationalism surrounding the BCH hash war, Back held a Twitter poll to determine whether the crypto community preferred the hat in “Samson’s Vision white” or “Back in Black black” colors. Even Mow joined in the fun, the Blockstream CSO replying that the hats should be called “Reckless-BIB” and “Reckless-SV”. Given Blockstream’s track record with execution, we can only hope that the hats take less than 18 months to ship. What do you think of adding replay protection to Bitcoin Cash? Should the ABC chain or BSV chain implement this provision? Let us know in the comments below. Images courtesy of Shutterstock. Need to calculate your bitcoin holdings? Check our tools section. The post Chatter Report: Ayre Bargains With ABC, Blockstream Sells More Hats appeared first on Bitcoin News.

19 days ago

Mike Novogratz’s Galaxy Digital Falters In Crypto Bear Market

“It Sucks To Build A Business In A [Crypto] Bear Market” Per an exclusive report from the Financial Times, a Western world-centric media subsidiary of Nikkei Inc., Mike Novogratz, CEO of crypto-focused merchant bank Galaxy Digital, has directly suffered due to this nascent market’s most recent downturn. In a testament to the firm’s tumultuous performance, the shares of Galaxy Digital (GLXY), which went public on the Toronto Stock Exchange (TSX) in August, have fallen drastically in recent months to $1.37 from an all-time high of $2.94. And recently, for the first time, Novogratz, a former Goldman Sachs partner turned cryptocurrency fanatic, expressed that 2018’s bear market has directly hampered his plans to grow Galaxy Digital into the “Goldman Sachs of crypto,” an evident nod to his former stint at the multinational investment firm. The forward-thinker explained: 2017 was just fun, it was almost stupid. [But] this year has been challenging. It sucks to build a business in a bear market. And these statements have only been accentuated by Galaxy’s Q1 financial report, while not 100% accurate today, revealed that the firm had lost boatloads of capital to crypto’s bears. Moreover, Galaxy’s multitude of branches, which include venture capital, advisory, mergers & acquisitions, and capital raising, have likely seen a sharp drop-off in business, as clients look to scale their crypto-related involvement back. Alluding to this, Novogratz added: [Staff] anxiety levels go up when crypto goes down... In most traditional business, [such as] Goldman Sachs, you don’t worry. There’s not an existential threat out there. The American entrepreneur and banker, obviously referencing the nascency of this market, is explaining that this industry could be more susceptible to collapse than the centralized banking system. But of course, decentralists have begged to differ. Still, Galaxy Digital has suffered nonetheless, with the multinational startup recently shutting down its advisory-focused Vancouver, Canada office, before letting multiple executives go, and hiring others in New York. Sources have even claimed that Galaxy’s advisory arm had been subpoenaed by American regulators, adding to the firm’s grave situation. Crypto Will “Flip Next Year,” And So Will Galaxy Digital However, despite his aforementioned comments, which painted a somewhat precarious picture for his firm, Novogratz suggested that 2019 will be a turn-around year for crypto, echoing sentiment and predictions he put forth in other interviews. As reported by Ethereum World News previously, just three weeks ago, the New York native claimed that BTC was slated to surpass $20,000, bitcoin’s most recent all-time high, after Q2 of 2019. In this most recent interview, he held similar sentiment, with the former institutional banker telling FT that 2019 is going to be when “prices start moving again,” subsequently implying that action was going to be towards the upside. Again, he touched on the fact that the arrival of prominent institutional players, like Boston-based Fidelity Investments and the Intercontinental Exchange (ICE), clearly discredit the skeptics and their claims that crypto assets are scams or money grabs. Concluding the comments given to FT, Novogratz noted: It’s easy to get skeptical but there’s something happening... I originally said ‘I am setting up the Goldman Sachs of crypto’, we need to stay very flexible on where things go. Title Image Courtesy of Benjamin Child on Unsplash The post Mike Novogratz’s Galaxy Digital Falters In Crypto Bear Market appeared first on Ethereum World News.

19 days ago

Cryptocurrency Winter Special: Two to HODL and One to FODL

This week provides another opportunity for a cryptocurrency HODL vs. FODL analysis. With Black Friday having just passed this is the perfect opportunity to do some shopping. Cryptocurrency Winter is Here BTC 00 having fallen more than 30% in the prior week has brought many cryptocurrencies lower with it. However, with a lower BTC comes cheaper cryptocurrencies. This week two cryptocurrencies are highlighted as HODLs: DOCK and VET. With DOCK likely to have the most significant gains of those on this list in the short term. Unfortunately, Bitcoin Gold is highlighted as the FODL of the week. As the cryptocurrency market progresses through 2018 it is important to distinguish which cryptocurrencies are HODLs (acquisition targets) vs FODLs (possible sells). The prior months have seen niche market cryptocurrencies trading on major exchanges highlighted. This week 2 HODLS are highlighted: a small cap cryptocurrency and larger cap both in their own respective niche market. DOCK is one of the smallest market cap cryptocurrencies on Binance providing platform users with ownership of their data. VET is a Top 20 Cryptocurrency by market cap, which specializes in supply chain management. Both of these coins represent the HODLs of the week. DOCK with a market cap a fraction of VET is likely to post higher returns than VET. VET is the ‘safer’ play while DOCK is more ‘high risk, high reward.’ Bitcoin Gold represents the FODL of the week. BTG is a hardfork of Bitcoin, which allows GPU miners to ‘mine’ the BTG fork instead of the ASICs that are used to mine BTC. GPU mining capability is the predominant benefit of BTG, though that is not enough to keep it relevant in the crypto space. When analyzing cryptocurrencies, it is important to determine if they are acquisition targets (HODL) or if they are relatively irrelevant in the space (FODL). DOCK would be the cryptocurrency for those wanting a higher risk, very high reward potential coin. VET is a much lower risk given its substantial list of partnerships but is likely to return a lower percentage based on its market cap. BTG seems to be fading into irrelevancy as their sole purpose is GPU mining of a Bitcoin fork. DOCK DOCK 00 has landed on the HODL radar for a plethora of reasons. With a $5.5 million market cap, DOCK has one of the lowest market caps on Binance. DOCK was added to Binance at the end of July during the height of the bear market. It is almost as if the public did not even notice. When DOCK was added to Binance the price shot up to over $0.07. With the price currently hovering around $0.01 that is an 86% correction since July 30, 2018. Having corrected such an astronomical amount in just the last two months DOCK seems to be poised for a breakout. What makes DOCK qualify as a niche coin among many cryptocurrencies is what their platform stands for. DOCK gives individuals ownership of their data, specifically rewarding them in DOCK. This allows the user to connect multiple social media accounts through one portal while securely storing your personal data in the cloud. The information you wish to share from the cloud will be rewarded based on what it is. Currently, we provide free internet data to many corporations by just browsing. Why not be paid for that same data? The benefits of the DOCK platform are not just for the user. Yes, it is more simple to have all your social media accounts logged in via one platform. Yes, it saves time to be able to pick and choose which aspect of your data can be seen by the public wishing to pay for it. However, the benefits are far greater than one would imagine. Advertisers can tailor adverts to their consumers without wasting money on uninterested demographics. Users will not be bombarded with adverts unrelated to their lives. Time and money are saved by all parties with platform users receiving the most benefits. DOCK is an ERC-20 token that has found a way to pay users for the data they had previously shared anyways. It is essential to be able to protect your private information in the cloud, DOCK not only protects it, but it also allows you to profit from of it. If there was a high risk, high reward cryptocurrency to accumulate prior to the bull run, DOCK is one of the top contenders! This week’s market correction has forced DOCK down another 30% positioning it perfectly for a rebound and this week’s top cryptocurrency. VeChain (VET) VeChain (VET) 00 is one of the larger cap cryptocurrencies that has solidified itself as a ‘niche’ specialist. VET specializes in supply chain management and for the majority of 2018 had a market cap in excess of a billion. Unfortunately, VET has corrected with the rest of the cryptocurrency space and has fallen to the #20 spot on CMC with an impressive list of partnerships. Partnerships and platforms result in long-term relevancy. VET has an impressive platform, and a more impressive list of partners: DNV (specializing in audits), PriceWaterhouseCoopers (Big 4 Accounting Firm), National Rese

19 days ago

Bitcoin [BTC] is a big learning curve, says SEC Commissioner

The United States Securities and Exchanges Commission [SEC]’s Commissioner, Hester Peirce aka Crypto Mom, spoke about her controversial dissent and explained the statement made in the dissent, in an podcast episode of “What Bitcoin Did”. The commissioner also spoke about how she became aware of the very first cryptocurrency, Bitcoin [BTC]. In the month of July 2018, the SEC officially announced their stance on Winklevoss brother’s proposed rule change. The SEC outrightly rejected the Bitcoin exchange traded fund, quoting the main reason being market manipulation. This decision had disappointed the entire community as it one of the key products desired in the space. In the conclusion of the dissent, the commissioner declared: “I reject the role of gatekeeper of innovation - a role very different from [and, indeed, inconsistent with] our mission of protecting investors, fostering capital formation, and facilitating fair, orderly, and efficient markets. Accordingly, I dissent.” When asked about this, Peirce stated that as a regulator they play a very important role, taking into consideration the many people have “really interesting idea” and the existence of a dynamic economy. And because of this, it was their role to not stand in the way of innovation. Hester said: “So I want to be careful to stick to our statutory mandate, which is to uphold the statutory framework and make sure, you know, we have a specific mandate and I want to make sure we stick to that mandate and then allow innovation within the mandate as much as possible.” The Commissioner went on to say that she was concerned that in a number of areas the commission “sort of stray[s] away”. She added: “We try to become a little bit more interventionist and what we allow and don’t allow and and I think that’s not really where we belong” Furthermore, Hester proclaimed that she is pro-innovation and that in her perspective, there is a lot of promise in cryptocurrencies and blockchain technology. She also spoke about how she was introduced to Bitcoin, stating that it was during her time in the university. The Commissioner stated that she and a few of her colleagues worked on the space, adding that it was fun to learn from them and what they thought of its potential. Peirce went on to say: But I think you know in terms of learning about the topic it’s a big learning curve and so I’m constantly trying to listen to podcasts that discuss the issue and talked to people who were knowledgeable about it but obviously there’s a lot with us. I mentioned there’s a lot within my mandate so I’m trying to follow many issues.” The post Bitcoin [BTC] is a big learning curve, says SEC Commissioner appeared first on AMBCrypto.

19 days ago

3 Short-term EOS Price Predictions - 2018 Week 47 Edition

It has become apparent the year 2018 may not necessarily end on a high for most cryptocurrencies. As Bitcoin and top altcoins continue to trend lower virtually every other day, the rest of this year will not be overly pleasant to watch either. The following three short-term EOS price prediction charts confirm things can easily swing in either direction in spectacular fashion. The EOS Dead Cat Bounce var tradingview_embed_options = {}; tradingview_embed_options.width = '720'; tradingview_embed_options.height = '480'; tradingview_embed_options.chart = '2rrWYZIS'; new TradingView.chart(tradingview_embed_options); EOS - Dead Cat? by aliamey on TradingView.com Several hours ago, it seemed as if the EOS price was preparing to go through a brief bounce. Several top currencies started to note some gains in quick succession, although most traders could see things were not looking all that great. According to Aliamey, this was indeed a dead cat bounce and another breakdown has effectively ensued. The EOS price is currently down in the dirt again and may remain there for some time to come. His key levels of support for EOS predict a price drop to $3.45, a value which does not sit that far below the current EOS price. If that level were to be reached and subsequently breached, there is no telling where the value will end up at. The coming days and weeks may be very crucial for EOS in this regard, although things could ugly pretty quickly. Further Declines to be Expected var tradingview_embed_options = {}; tradingview_embed_options.width = '720'; tradingview_embed_options.height = '480'; tradingview_embed_options.chart = '6wKwrM6W'; new TradingView.chart(tradingview_embed_options); #EOS Update by HamadaMark on TradingView.com A very interesting chart is presented by HamadaMark, although it is not a chart that will please too many EOS faithful. Not because it predicts events which seemingly can’t come true, but rather because there is a lot of pressure on this market which can easily push the price down to the lower levels. Whereas this trader initially expected the EOS price to jump to $5.12, today’s Black Friday sale shows that will not happen anytime soon. Based on this chart, the drop below $3.87 can effectively trigger a further drop to $2.29. If that level falls as well, a dip to $1.43 is not impossible whatsoever. Not a fun outlook by any means, but it is the harsh reality. Short EOS to be Safe var tradingview_embed_options = {}; tradingview_embed_options.width = '720'; tradingview_embed_options.height = '480'; tradingview_embed_options.chart = '5Ge3jo6z'; new TradingView.chart(tradingview_embed_options); EOS - Short by frankdetroya on TradingView.com Given all of the pressure associated with the cryptocurrency markets today, a lot of speculators will try to short every currency they can. That seems to be the smart play, at this time, even though these markets can easily swing upward when people least expect it. FrankDetroya is simply looking to short EOS and expects more people to look for such opportunities as well. According to this chart, the EOS price was bound to drop below $4.5 regardless of this Black Friday fire sale. He expected resistance at $3.91, although that has been broken pretty easily. A further drop to a slow as $2.5 is certainly possible, even though that would mean another 20% drop needs to occur to make this happen. That in itself is well within the realm of possibilities, unfortunately. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post 3 Short-term EOS Price Predictions - 2018 Week 47 Edition appeared first on NullTX.

19 days ago

Recently, the FunFair community sourced and shared with us a...

Recently, the FunFair community sourced and shared with us a collection of questions they wanted us to address. So… https://t.co/0G8fQWrrbw

22 days ago

Fear, Loathing and Opportunity: How Crypto Traders Are Handling the Drop

The last 24 hours have been the worst the cryptocurrency markets have seen since the 24 hours prior. Things have been looking grim for weeks in fact, but on Nov. 19 the situation went from bad to critical as BTC fell below $4,500, dragging the rest of the market down with it. While some investors used this latest blow to bow out, others have used it as an opportunity to re-up on cheap coins. Also read: Hash Wars: A Successful BCH Upgrade and a ‘High Risk’ Exchange Listing Mind the Drop There’s rarely a dull day in cryptocurrency, but Nov. 19 will go down as a particularly memorable one, albeit for all the wrong reasons. Plummeting crypto prices, on top of a week of plummeting crypto prices, have left many traders in despair and others vowing to rage quit. So somber is the mood that the normally morbid humor that accompanies a price drop has been largely absent from crypto Twitter. “Now is the time for compassion, patience, respect,” tweeted Andreas Antonopoulos. “Lots of people have lost lots of money recently and it is not helpful to make empty promises, share shitty memes, or criticize others’ choices.” Today for the first time in this bear market I saw people capitulate, throw in the towel, ridicule this movement and the technology and vow never to touch Crypto again. Even the bravest went quiet... — Ran NeuNer (@cryptomanran) November 19, 2018 On 4chan’s /biz/ messageboard, the atmosphere was equally downbeat. “That’s it, I sold,” conceded one poster, accompanied by an image of weed-smoking Elon Musk photoshopped to resemble Brendan Fraser being justed. “I’m free. I’m finally free from this fucking hell of scammers ... It was fun and games for a while, but now it’s just a cruel sick joke. I bought [BTC] at 15K. No human can look at their money disappear before their very eyes and not be bothered. You know we’re going to 3K, right?... Let’s all stop pretending that this is gonna be anything but a bear market until 2020.” One Man’s Fear Is Another’s Opportunity People respond very differently in times of crisis. For those who missed out on buying bitcoin during last year’s bull run, now blessed with fiat currency sitting on the sidelines, today has been most serendipitous. “I’ve transferred 100 now for bitty,” read the message I awoke to from a friend. “If it goes down I’ll pick a tiny bit more up, if not, at least I got a wee bit at a decent price.” I duly hooked her up with BTC, and true to her word, she messaged later to say “I transferred another 100 ... bitty is having a dip again.” How many more dips bitcoin can endure before it finally bottoms out is anyone’s guess. What can be said with confidence is that sub-$4.5K BTC is an attractive proposition for investors who thought this day would never come. While some members of crypto Twitter sought “the best capitulation tweet” (and found no shortage of candidates), more sanguine heads have urged delicacy. The majority of cryptocurrency traders had the perspicacity not to invest more than they could afford to lose. For those who got greedy, however, the current market has brought nothing but pain and regret. There are also those whose very jobs could be at stake should assets such as ethereum fail to recover. One ICO that raised funds in 2018 and elected to keep its war chest in ETH has conceded it will struggle to cover its payroll should current prices persist for another two months. Despite conceding that his job may be at risk, an employee told news.Bitcoin.com “this is Wall Street crash ’87 for the modern age. It’s actually extremely exciting.” Few would dispute that assessment. But nor would they welcome some respite from a year that started with a roar only to finish on a whimper. sending hugs to *everyone* in the crypto community. we're all learning something valuable this week about investors and speculators. hoping this marks the start of a broader culture shift for our nascent industry. let's hit restart. pic.twitter.com/7RbbA4kyi2 — Meltem Demirors (@Melt_Dem) November 19, 2018 Where do you think the cryptocurrency market goes from here? Let us know in the comments section below. Images courtesy of Shutterstock and Twitter. Need to calculate your bitcoin holdings? Check our tools section. The post Fear, Loathing and Opportunity: How Crypto Traders Are Handling the Drop appeared first on Bitcoin News.

24 days ago

RT @terrence_iost: Friends in Tokyo: come and join our meetu...

RT @terrence_iost: Friends in Tokyo: come and join our meetup. Should be a fun night! https://t.co/KrVZ0V2RcD

24 days ago

Unfazed: XRP Continues To Outperform Bitcoin, XRP/BTC Up 11%

XRP Gets A Leg Up On Ethereum, Continues To Outperform As reported by Ethereum World News on Sunday, amid bearish market conditions, with Bitcoin (BTC) continuing to show signs of weakness, XRP, along with its estranged cousin Stellar Lumens (XLM), suddenly began to outperform BTC. More specifically, as Bitcoin fumbled around at $5,600, Ripple’s go-to digital asset began its own mini-bull run, quickly posting gains via its USD and BTC pairs. Eventually, after a contained surge, catalyzed by an influx of buying pressure and positive community sentiment, XRP recovered fully from Wednesday’s initial sell-off, which saw the asset’s market capitalization surprisingly surpass that of Ethereum (ETH). Regardless, many were still fazed by the fact that the aggregate cryptocurrency market capitalization took a $20 billion haircut. And as Monday struck, XRP proponents feared the worst, as BTC fell under $5,000 for the first time in 2018 — far from a bullish sign, that’s for sure. However, to the chagrin of XRP’s critics, the asset somehow held, against all the odds and dismal signs, like the fears of centralization and overbought technical indicators. At the time of writing, Ripple’s cryptocurrency of choice has posted a slight loss of 0.92% — which is almost negligible considering that the Ether, Litecoin, and its neighbors on the cryptocurrency standings lost upwards of 15%. Bitcoin, for one, fell 12.11% in the past 24 hours, with XRP outperforming its essential ‘godfather’ by 11%, which is nearly unheard of, even in 2017’s jaw-dropping bull run. Keeping this stellar performance in mind, some have feared that Ethereum’s hegemony as the second-most capitalized crypto asset has come to an end... and for good. Because as it stands, in a move that many didn’t see coming, XRP has taken a near-insurmountable $4.3 billion lead in its race with Ether. At the time of press, Ripple’s flagship asset goes for $0.494 a pop, a few cents shy from its weekly high. “Flippening” Talk Erupts, But Not Everyone Is Convinced Per our previous reports, once the market capitalization of XRP surpassed Ether’s, some of the former project’s adamant supporters took to Twitter to exclaim that Bitcoin should lock its doors and shutter its blinds, as it were. A user by the moniker of “FirePower” even tweeted a meme-of-sorts, which displays the Grim Reaper knocking on the door of Bitcoin after massacring Ether, Litecoin, Stellar Lumens. It's coming!!! #xrp #xrpthestandard #ripple #xrpcommunity #XRPcommunity pic.twitter.com/Xajuqn3Qyv — FirePower (@FirePowerFP) November 17, 2018 Ran NeuNer of CNBC Fast Money even tripled-down on his pro-Ripple comments, taking to his dedicated, but a somewhat skeptical following of 92,000 to claim that “at this rate, XRP will be in the number one spot by Friday,” evidently referencing the non-stop “flippening talk.” Mati Greenspan, eToro’s in-house crypto savant, also took to Twitter to discuss XRP’s rising dominance, touching on the social factor of the cryptocurrency, which is one of the industry’s strongest, to say the least. Yes, $XRP is winning social and this graph from @coindesk proves it!! pic.twitter.com/mP8WKs0gtd — Mati Greenspan (@MatiGreenspan) November 19, 2018 However, some took this “flippening” discussion as nothing more than a joke, with a number of prominent crypto analysts/investors poking fun at the Ripple community through a series of tweets. Moon Overlord, a crypto trader and commentator, joked that he “unironically thinks” that XRP could flip BTC. BitLord echoed Moon’s penchant for trolling, explaining that as Ripple’s go-to token could flip BTC in 2019, then touching on the “#XRPTheStandard” meme/joke that has circulated around crypto-related social media channels in recent years. Regardless, it has only become even more apparent that talk surrounding this subject isn’t slated to dissipate anytime soon, that’s for sure. Title Image Courtesy of Marco Verch via Flickr The post Unfazed: XRP Continues To Outperform Bitcoin, XRP/BTC Up 11% appeared first on Ethereum World News.

24 days ago

XRP “Flippening” Bitcoin Talk Heats Up On Social Media

XRP Talk Heats Up On Crypto Twitter Since XRP’s market capitalization surpassed that of Ethereum (ETH) last week, discussion regarding the asset’s long-term prospects has popped in in droves, with the project’s dedicated (even cult) following taking to Twitter to tout their flavor of the month, so to speak. As recently put by Mati Greenspan of eToro, the go-to digital asset for Ripple Labs, “is basically winning social media.” XRP is basically winning social media. https://t.co/AprYyDuZ81 — Mati Greenspan (@MatiGreenspan) November 18, 2018 Binance CEO Changpeng Zhao, better known as CZ, acknowledged the XRP community as well, joking that the asset’s “shill is strong,” before subsequently telling his followers to flush this wanton “shilling” out of their systems in an apparent joke. Calls For A BTC “Flippening” Ramp Up Still, while Zhao may have given XRP’s advocates a chance to vent steam, while Bitcoin (BTC) found a home at $5,600, XRP went on its own self-contained micro bull-run, recently recovering from its November 14th multi-week low. As put by The Crypto Dog, a well-known pseudonymous crypto analyst, “XRP and XLM looking like they ready to start alt season all by themselves.” But, while calls for an “altcoin season” were present, some took these feelings to the extreme, with Ripple Riddler taking to Twitter to (jokingly?) express that “before [the] end of 2018, XRP will be #1 [in terms of] market cap,” adding that “big things are right around the corner.” Screenshot this, retweet this, like this. Do whatever you want with this. Here we go... Before EOY, XRP will be #1 for market cap. No riddles, straight up message. Big things are right around the corner...#xrp #XRPthebase #XRPcommunity #Ripple #ripplenet #xrpthestandard pic.twitter.com/jag9j4HP96 — Ripple Riddler (@RippleRiddles) November 18, 2018 Riddler’s comments are evidently alluding to the controversial sentiment that eventually, XRP will oust Bitcoin, before establishing hegemony over the cryptosphere as a whole. XRP even received some clout from Ran NeuNer of CNBC Africa, who claimed that Bitcoin Cash’s ongoing hashwar only highlights that investors “should dump BTC and BCH,” and then subsequently reallocate their wealth into the now second-highest capitalized digital asset. NeuNer even went on to issue a poll about how crypto investors would allocate their wealth into crypto over a 10-year period. And, to the surprise of some, XRP’s proponents actually outed Bitcoin’s, beating the world’s first cryptocurrency by a staggering 2,000 votes (12%). Even the image below, which highlights the Grim Reaper (XRP) knocking on the door of Bitcoin after massacring Ether, Litecoin, Stellar Lumens, garnered 1,100 likes and 325 retweets, further cementing the asset’s popularity and notoriety. It's coming!!! #xrp #xrpthestandard #ripple #xrpcommunity #XRPcommunity pic.twitter.com/Xajuqn3Qyv — FirePower (@FirePowerFP) November 17, 2018 The bottom line is that somehow, out of somewhere, a multitude of crypto investors have decided that eventually, XRP could surpass Bitcoin in some way, shape, or form. Maybe Not... However, some took this “flippening” discussion as nothing more than a joke, with a number of prominent crypto analysts/investors poking fun at the Ripple community through a series of tweets. Moon Overlord, a cryptocurrency trader and well-known commentator, joked that he “unironically thinks” that XRP could flip BTC. I unironically think $xrp could flip $btc in terms of marketcap — Moon Overlord (@MoonOverlord) November 18, 2018 Moon later doubled-down on this trolling, taking to Twitter to explain that XLM and XRP, both parented in part by Jeb McCaleb, could reach $10 to $15 a pop in the near future, alluding to the market capitalization qualms that many altcoin maximalists struggle with. BitLord echoed Moon’s penchant for trolling, explaining that as Ripple’s go-to token could flip BTC in 2019, then touching on the “#XRPTheStandard” meme/joke that has circulated around crypto-related social media channels in recent years. The higher $XRP climbs the more I am certain it will flip $BTC in 2019. Very obvious this will be our new crypto standard. Hard to accept for many but so was bitcoin back in 2010 — 𝕭𝖎𝖙𝖑𝖔𝖗𝖉 55 (@Crypto_Bitlord) November 18, 2018 On a more serious note, Craig “Faketoshi” Wright, a proponent of Bitcoin Satoshi Vision, had lots to say on the matter. Wright, an Australian cryptographer who claims to be Satoshi, explained that the asset is far from a utility token, adding that its use as a “tradable good that is sold under the expectation of profit” makes it a security. If the U.S. Securities and Exchange Commision, or any respectable financial regulator for that matter, deemed XRP a security, a strong sell-off could ensue. For XRP not to be a security, it will need to be a real utility offer. IF something is exchanged with expectations of profit, it is not a utility token. XRP is a tradable good that is sold under the

25 days ago

ABC Wins Race to BCH Ticker (At Least on Huobi)

Over the past week, all eyes have been on the Bitcoin Cash (BCH) hardfork and the hash war between competing factions ABC and SV. Now, ABC has won the war on one major trading platform. According to an official tweet from Huobi Global, the ABC version of Bitcoin Cash has won the race for the prized title on its trading platform. Bitcoin ABC will be re-designated BCH, with the following official statement: Huobi Global has confirmed that the team behind the AB version of Bitcoin Cash (BCH) has set up a checkpoint that allows us to ensure that two-way replay protection is in place. BCH ABC, the longer chain, will be retained for the designation of BCH. And, we will be designating the SV version of BCH as BSV. Therefore, ABC has officially ‘won the war’ — at least as far as Huobi is concerned. ABC Version Of Bitcoin Cash (BCH) To Be Re-Designated BCH: Huobi Global has confirmed that the ABC version of Bitcoin Cash (BCH) will be retained for the designation of BCH. For more details, please refer to attached image. pic.twitter.com/odh7Pc8K7R — Huobi Global (@HuobiGlobal) November 18, 2018 Now, BSV tokens will be distributed on a 1:1 basis to everyone who held Bitcoin Cash (BCH) before the hardfork, based on a snapshot taken at 00:40 Singapore time on Nov 16. Additionally, Huobi will open BCH deposits at 14:00 Singapore time on Nov 19. BSV will likewise become open for deposits at 15:00 Singapore time on Nov 20. Withdrawals will likely remain locked until a later date, which will probably be announced later. Huobi closed out its tweet by also reminding users of the fun fact that cryptocurrency trading is a volatile endeavor, especially when hard forks are involved. “The hard fork may still cause sharp fluctuations in market prices,” the exchange notes. “Please pay attention to trading risks and proceed with caution.” The Bitcoin Cash hard fork has not only caused prices in the forked coins to fluctuate wildly but also has been speculated as the primary cause for Bitcoin (BTC) falling through critical support at $6000 to approximately $5,500. It remains to be seen whether or not the hard fork settling will cause BTC to ‘Bart’ back up or fall to even lower levels. What do you think about Huobi crowning ABC the BCH winner? Let us know your thoughts in the comments below! Images courtesy of Twitter. The post ABC Wins Race to BCH Ticker (At Least on Huobi) appeared first on Bitcoinist.com.

25 days ago

Our Writing Competition is over. But the fun here just start...

Our Writing Competition is over. But the fun here just starts. Thanks to you all who participated! We enjoyed the r… https://t.co/xW1QA3WtrD

25 days ago

Coinbase CTO Is Bullish On Crypto Mining

As the crypto market slowed down significantly in 2018, Coinbase CTO Balaji Srinivasan is not very concerned. In fact, he is very optimistic in the future of mining that he is an investor in Coinmine. The company just unveiled Coinmine One, an $800 miner that looks like a game console and targeted towards average users. Srinivasan commented that Coinmine will democratize access to becoming a miner in a fun and approachable way. Coinmine is also backed by other investors including Anthony Pompliano and Product Hunt co-founder Ryan Hoover. Srinivasan added that there are so many coins out there, that it is definitely possible to make a profit. (VS)

a month ago

Exclusive: Nye the Crypto Guy

Bitcoin News caught up with “Nye the crypto guy”, discussing how his social media musings about cryptocurrency evolved from what started out as a fun hobby to an actual career. A play on “Bill Nye the science guy”, Crypto Nye is what one might call a crypto influencer - his Twitter account @CryptoShillNye has 37,700 followers and he runs the website IAmNye.com. Nye says he is also a crypto marketing specialist: “I also run a marketing company that helps other crypto startups and companies really engage with their audience, and I teach them how to create a community and use social media... All the tools that are blatantly ignored right now. I also travel the world and speak at different conferences.” From hobby to profession Nye started off just for fun and says he was messing around and having a good time. Apparently, people really liked Nye’s crypto opinions, so posting on social media about crypto has become his career. Nye purchased his first Bitcoins and Litecoins during 2012-2013 before Bitcoin ever hit USD 1,000. However, it was not until the middle of 2017 that Nye got serious about crypto, at which point he spent 10-15 hours per day trading, learning, and investing. Nye says he was quite successful at trading in 2017 and early 2018, before the market crashed, and then “saw an opportunity to do something different”. Nye now has an audience of tens of thousands of crypto- and blockchain-oriented followers, and is trying to distinguish between companies that are legit and those that are “some and mirrors”, and he reports his findings back to his followers. Nye’s favorite thing is to promote people who are doing positive things for the crypto and blockchain space, especially newcomers who aren’t acknowledged by other crypto influencers. He says, “I want the crypto space to be filled with as many good people as possible.” Asian connection Specifically, Nye is now focusing on Asia by going to Asian conferences and meeting companies in person. He says there is “a huge cultural and language barrier” between what the news reports is going on in Asia and what is actually happening. He talks about China’s bullish sentiment on blockchain despite its general unfavorable stance towards cryptocurrency. He singles out VeChain as a good project, as well as TEMCO and Agora, with blockchain’s greatest potential found in the supply chain, gaming, and voting fields. On the other hand, he feels the ICO market is causing investor’s money to be spread thinly. On Bitcoin Nye has “a strong belief” that Bitcoin is headed up in price after months of sideways action (although it has recently experienced a sharp drop). He speculates that block halving in 2020 will help increase price. According to Nye, the biggest use case for Bitcoin is trading and price increases are positive since it brings more money into the crypto space to build “cool shit”. Nye thinks eventually adoption will increase as technology improves, and mentions that the Lightning Network will be part of that since it can help Bitcoin scale to large transaction frequencies. When asked about the US dollar, Nye says, “It’s definitely a potential [for crashing]... I have considered it a lot... I have no idea what is going to happen... If it does happen we are going to need as much innovation as possible to make Bitcoin transactions as easy as possible for average people.” Nye thinks that widespread adoption will have to be in place at the time of a potential USD collapse in order for Bitcoin to succeed. But he closes by reminding that he considers himself simply as “a dude who shares his opinion online”. Follow BitcoinNews.com on Twitter: @bitcoinnewscom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Nye the Crypto Guy The post Exclusive: Nye the Crypto Guy appeared first on BitcoinNews.com.

a month ago

Tron [TRX]’s Justin Sun reveals mainnet account surpasses 600,000; Tronics excited

On November 16, Justin Sun, the Founder and Chief Executive Officer of Tron revealed that the mainnet accounts on the Tron network had surpassed 600,000. Tron also announced that this remarkable feat occurred in 143 days which has excited users and investors alike. Troy, a Twitter user stated: “@justinsuntron You have an army behind you! We will double that number in no time. Tron Dex Bull run!” Tron had also made news recently when it crossed the 4 million mark in terms if block height. The blocks on a blockchain network are important because of the storage facility it provides. The first block of a blockchain is called the genesis block. YOTCOIN, a Twitterati stated: “Living up to what the believers in Blockchain would like to believe in. p2p economy.” Tron added another feather to its cap when TRX was recently listed on Blockport, a popular cryptocurrency exchange that provides transactional services in Euro. Blockport had announced: “Of equal importance is that Tron’s European community will now have direct access to the TRX token through our user-friendly exchange and trading platform.” Justin Sun’s development roster has clearly made an impact when the Blockchain Activity Matrix given by Blocktiity put Tron fourth on the list. The listing was even more special for Tronics as it was ahead of Bitcoin [BTC] on the list. The Blocktivity listing came in the wake of Tron’s partnership with NeoWorld, an online game. NeoWorld had stated: “Here in the 3D virtual environment, players explore new frontiers, create skylines, pursue careers and build wealth, legends and legacies from scratch, just like in the real world. NeoWorld is a social platform where players could not only chat and have fun but also establish an amazing network of business or personal connections, maybe even forge a community and run for election.” The post Tron [TRX]’s Justin Sun reveals mainnet account surpasses 600,000; Tronics excited appeared first on AMBCrypto.

a month ago

Coinbase Ventures Backs Home Crypto Mining Startup Coinmine

Coinmine is a new startup that aims to make in-home mining accessible for non-technical users, based in Los Angeles and founded by Farb Nivi and Justin Lambert. The company has reportedly raised about $2 million from VC funds and angel investors such as Coinbase Ventures and Tinder Chief Product Officer Brian Norgard. Also Read: Kucoin Exchange Raises $20 Million in Series A Funding Round $799 Plug and Play Miner Coinmine’s debut device went on sale on Wednesday, featuring a 4 GB AMD RX 570 GPU, Intel Celeron CPU and 8 GB DDR4 RAM. It also consumes just 120 watts, which is less than a Playstation, according to the developers. The Coinmine One retails for $799, but the company takes a 5 percent cut for itself from the mining proceeds. Aiming for ease and simplicity, users only need to plug the device into a source of electricity, open an accompanying mobile app and choose the assets they want to mine. From there, the Coinmine mobile app controls and keeps track of the device from anywhere. Users can see how much they have earned, change to other cryptocurrencies or add additional devices to their accounts from a centralized dashboard. “Crypto is not just about buying and selling magical internet coins,” said Nivi, the CEO of Coinmine. “It’s about people combining computation to decentralize the world’s money and information from the hands of a few and into the hands of the many. We made this easy enough for anyone to do.” Big Investors Swipe Right Coinmine has raised a combined total of $2 million in funding to date. The company is backed by funds such as Coinbase Ventures, Social Leverage, Wonder VC and Arrington Capital, as well as angel investors including Tinder’s Norgard, Balaji Srinivasan, Anthony Pompliano, Ryan Hoover, Josh Jones, Penelope Linge and Tom McInerney. “Throughout my entire career, I’ve worked to make complicated ideas simple, fun and useful,” said Norgard. “At Tinder, we removed the pain associated with setting up a dating profile so people could get to the action. When Farb initially came to me with the basis for Coinmine, I knew it was a radically novel solution to a messy problem — it was as they say, a perfect match. The limiting factor to scale in crypto continues to be complexity for the end user. Farb and the entire Coinmine team are one of the first companies attacking this problem head-on through a blend of hardware and software.” Is mining at home really a viable possibility in the current market? Share your thoughts in the comments section below. Images courtesy of Shutterstock, Coinmine. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post Coinbase Ventures Backs Home Crypto Mining Startup Coinmine appeared first on Bitcoin News.

a month ago

BitStarz player wins a whopping $70,000 - are you feeling lucky?

There are many pretenders to the crown, but there really is only one king of cryptocurrency casinos. BitStarz has been changing the gaming scene since day one, with it able to boast a stacked 1800+ game collection, 10 minutes cashouts, and the friendliest customer service around. Now, after an electric 2018, it can add big payouts to its list of credentials. The latest of which has seen a lucky player walk away with a jaw-dropping $70,000 after spinning the reels of 5 Mariachis. $206,000, $265,000, $148,000, $105,000, $95,000, and even $300,000 have been won this year alone, so it’s safe to say that the big wins have found a home at BitStarz. Players from around the world have been smashing the slots and reaping the rewards, but it seems that player, in particular, has had more luck than most. Scoring 3 of the 7 mega-wins that have happened this year, you can now add this latest $70,000 payout on 5 Mariachis to BitStarz rapidly growing winners list. There might be several Mexico themed slots at BitStarz, but there’s only one 5 Mariachis. Overflowing with wilds, free spins, and - as we all know - real money wins, this slot from Habanero will have players dancing all the way to the bank. 5 Mariachis make up just one game of the more than 1800 available at BitStarz. Choice is something that players will never be short of at this Bitcoin casino, with so many loaded slots to choose from, now is the time to jump into the action. If you have a BitStarz account, you’re already in the driving seat. Play any of our slot games and you could be our next winner - it’s that simple. New members can also join in the fun, with a few extra treats sprinkled into the mix for our fresh-faced players. Register now and you’ll get a welcome bonus package worth up to 5 BTC PLUS up to 180 free spins - bonuses simply don’t come any bigger than this. BitStarz is where the action is and the action is live - play today and you could soon join our list of big winners! www.bitstarz.eu For more information about this latest big win, along with everything else BitStarz has to offer, please contact Srdjan Kapor at srdjan.kapor@bitstarz.com. Press contact: Srdjan Kapor Marketing Manager srdjan.kapor@bitstarz.com www.bitstarz.eu The post BitStarz player wins a whopping $70,000 - are you feeling lucky? appeared first on ZyCrypto.

a month ago

Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019

The Bitcoin FUD It’s a capitulation. It’s the end of Bitcoin. It’s a Bitcoin Sell-off. And it’s true; a typical Bitcoin investor is bleeding right now. But a critical look at price action and historical price movement paints a rosy picture: Prices will most likely recovery and print higher in the next few months. Hello, yes, SEC? Yeah hi, I put all my money in this bitcoin game and I'm not having fun anymore... I'd like to process a refund? I think the man's name is Satooshi Nakomoku? Yes, I'll hold... pic.twitter.com/0yx7O8VtmJ — SHILLGATES [THIS IS MY NEW ACCOUNT] (@StillShillGates) November 14, 2018 They often do and the bounce back stronger is usually stronger than before. The cryptocurrency market is after all a 10 year old space embodying the spirit of the Cypher-punks. Bitcoin and cryptocurrency represent freedom and freedom from government involvement and deliberate steps as money printing that cause hyperinflation read Venezuela and others. The value of freedom reflects in Bitcoin and as it has been the case, freedom is expensive and Bitcoin can’t be cheap. Interesting Read: Bitcoin Unspent Transaction Output Accumulation Could Signal Crypto’s Next Bull Run Price Cycles Bitcoin Annual Returns, 2011-2018... pic.twitter.com/gCnisy3jEC — Charlie Bilello (@charliebilello) November 14, 2018 Looking at historical prices it is clear that BTC has been on an uptrend and price movements seem to move in cycles. Three years after inception and limited adoption, BTC prices surged from 30 cents to $4.20 in an apparent Chinese pump that put Bitcoin on the spot. The following year—in 2012, prices expanded from $4.2 to $13.51 by close in a 186 percent gain repeating the same in 2013 when BTC raced from $13.51 to $758 in a 5507 percent gain. In these three years, average gains were 2,388 percent. Also Read: How Brian Armstrong, CEO of CoinBase, Became a Crypto Billionaire But, even at the back of these stellar gains, BTC/USD prices fell sharply to $320 by close of 2014. That’s a 58 percent drop thanks to Mt. Gox mayhem. However, this didn’t damp expectations and in the next three years—from 2015 to close of 2017 prices shot from $320 to $13,860. In these three years, average gains were exponential—adding 35 percent in the first year, 125 percent in the second year and the final boom of last year when BTC closed at $13,860 saw gains of 1,331 percent. Compared to 2014, 2018 Year to Date losses is at 59 percent. Bulls will Reign As you can see, yesterday’s meltdown is just part of a larger cyclical plan. Like Zhao Changpeng, it is likely that Bitcoin bulls will dominate next year. But, for prices to rally, then price dips are inevitable. It’s in progress and for our cyclic price movements to hold true, it is likely that BTC will rally next year, slow down in 2020 and explode to super new highs—perhaps to $250,000 by 2021. At least that’s what history is hinting off. All we need is a catalyst and a Bitcoin ETF is what the market needs. BTC/USD Price Analysis So exactly where do we expect to find loading zone? When we take a top-down approach, it is clear that we do have a bear break down pattern. BTC/USD prices are now trending below $5,800 and printing new 2018 lows. From the charts, there are two levels of interest, the 78.6 percent Fibonacci retracement level drawn from 2017 high lows at $4,500 and the next support level of $3,000. Like in our previous BTC/USD iterations, we said any break below $5,800 and bears should look to unload at spot with stops at $6,000 and first targets at $4,500. If losses are steep then $3,000 would test Bitcoin holders’ grit. From this, the $1,500 gap between these two important levels is where Bitcoin could spring back to $8,500 or higher. All Charts Courtesy of Trading View Disclaimer: Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision. The post Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019 appeared first on NewsBTC.

a month ago

This Week In Crypto: Swift, Bitcoin, Ripple, Stellar, Tron, and Ethereum

The first 10 days of November have been quite eventful in the cryptocurrency space. The market has been bumpy as usual but the crypto community is looking forward to something interesting in the future. For those who missed the fun though, we have handpicked the best and most interesting stories for you and here they are. SWIFT Despite Ripple’s popularity in transboundary payments, The Society for Worldwide Interbank Financial Telecommunication, SWIFT, has denied rumors that it intended to integrate with Ripple or use its payment protocol. While most payment companies see Ripple as a threat to SWIFT, there have been speculations that the two could collaborate to upgrade SWIFT’s payment system. Apparently SWIFT is doing a solo upgrade which it has instructed all its users to upgrade to, a new platform known as Swift GPI. Ripple staff is said to have been attending SWIFT functions and there has been some intercompany movement of the same but it doesn’t seem like the relationship will go beyond that as far as SWIFT is concerned. Bitcoin Bitcoin has received its fair share of the rough market since October, however, it experienced a significant price surge within the last week. The surge was substantial, taking the price from ~$6200 to over $6,500. Meanwhile, concerning the price of the asset, Venture Capital investor Tim Draper is still bullish and optimistic that the asset will reach $250,000 by 2022 despite the fact that his prediction of the same price for April 2018 did not come true. In Draper’s view, the huge surge can only happen if bitcoin can be used on a day to day basis to buy Starbucks Coffee etc. Also, a large transaction volume was recorded coming from South Korea based exchange Bithumb. The exchange recorded a transaction of up to $666,658,444 from Bitcoin to Korean Yon. The large and growing transaction volume if sustained is expected to push Bitcoin’s price to $6,800 soon. Ripple (XRP) The cryptocurrency with an unusual success in cross-border payments is taking its efforts to expand its reach to the next level by collaborating with NASDAQ. This collaboration is expected to be concluded by 2019 when NASDAQ is set to launch its cryptocurrency platform. When sealed, the partnership between the two is expected to bring Ripple to the same level with leading crypto exchange Coinbase and possibly beat it. Stellar XLM Stellar is another prominent cross-border payment token. The company is moving to list its token on the Blockchain wallet. XLM will be the fourth crypto asset listed on Blockchain after Bitcoin, Ethereum and Bitcoin Cash. In view of the listing, Stellar will be doing an airdrop for Blockchain’s 30 million users. This is said the be the biggest airdrop ever, with $125 million worth of XLM to be given out. Tron (TRX) The hot cryptocurrency and blockchain company has achieved many great feats in the year, this month with smart contracts. It has only been two weeks since Tron launched its smart contracts and it already hit 12 million smart contract triggers on its network as announced by the founder and CEO Justin Sun. Sun had announced in October that Tron was going to launch Odyssey 3.1 which would make way for smart contracts on its network. According to Sun, the expected number of smart contracts on the network by the end of the year is 50 million. Will they achieve it? Only time will tell. Ethereum In the last week, Ethereum, just like Bitcoin, experienced a significant surge even more than Bitcoin by 5.9% to reach over $221 from $190. Although it has dropped to $211 since the surge, it is still significantly higher than it was at the beginning of the week. On the contrary, Ethereum’s BAT token, though it experienced a similar surged, has experienced a “counter fall” resulting from a loss of up to $6 billion of its valuation within a 48-hour period in the week. It is said to have received the hardest hit any large or mid-cap token got within the week. The post This Week In Crypto: Swift, Bitcoin, Ripple, Stellar, Tron, and Ethereum appeared first on ZyCrypto.

a month ago

The Daily: Shatner Dives Deep Into Crypto, Bank to Launch Digital Deposit Box

In today’s edition of The Daily, we feature a story about William Shatner flaunting his vast crypto knowledge, from Tether to Kitties. Additionally covered are a bank which wants to offer a digital deposit box for exchanges and investment funds, a new development in the Charlie Shrem lawsuit and more. Also Read: Marshall Islands President Attacked Over National Crypto Plan Tether Blows Captain Kirk’s Mind William Shatner, the original Captain Kirk, wants you to know that he knows his crypto. After admitting back in June that he doesn’t fully understand the bitcoin mining business he was getting into, Shatner has now gone on a tweet storm showing just how much he learned. Besides discussing developments in smart contracts, Shatner also dropped a truth bomb on Tether (USDT). He wrote: “I know how smart contracts work. That’s really not hard. What’s more mind bending is Tether being (supposedly) linked to the dollar but being worth less than a dollar...” Obviously having a lot of fun with this dive into the world of cryptocurrency, the TV star was also happy to engage with fans about Crypto Kitties. And after learning that he can breed them, Shatner joked that he is now waiting for the accessories, “the Crypto Kitty Dream House and the Crypto Kitty Corvette.” Canadian Bank to Launch Deposit Box for Exchanges Versa Bank (previously Pacific & Western Bank of Canada) is a Canadian chartered bank publicly traded on the Toronto Stock Exchange. It announced on Thursday it has completed beta testing for its “digital safety deposit box” and is now starting to offer the new service to cryptocurrency exchanges and crypto-based investment funds. The company states it does not have the ability to ‘drill’ into a client’s deposit box, or to examine its contents. President and CEO David Taylor stated: “While many are considering ideas and plans for a digital safety deposit box, we have designed and built it, and are now commercializing a first of its kind service that provides our clients with the most sophisticated security and authentication technology available globally, in which our clients enjoy absolute privacy. The Versa Vault will now begin rolling out services to cryptocurrency exchanges and crypto investment funds.” Court Unfreezes Charlie Shrem’s Accounts Earlier this month, it was reported that a U.S. federal court has ordered the freezing of Charlie Shrem’s accounts on Coinbase and Xapo. This was done after he was hit by a lawsuit alleging that the early bitcoin pioneer had stolen about 5,000 BTC from the founders of the Gemini exchange. But in what might be an indication of the merits of the allegations, the court has reversed the asset freezing order in a hearing on Thursday. Now Shrem can go back to his luxury shopping spree, and maybe get a third Maserati. Cryptopay Mail Bomber London’s Metropolitan Police has revealed on Friday that a 43-year-old Swedish man was sentenced to six and a half years in jail for mailing a homemade bomb to a “Bitcoin company.” The Stockholm District Court found Jermu Michael Salonen guilty of attempted murder for sending a bomb to Cryptopay - a UK based crypto wallet and payment solution. According to the Met Police, the motive for Salonen’s actions is that he was locked out of his account, unable to access his funds after losing his password. In August 2017 he asked Cryptopay to reset his password and send him a new one but the company refused as this contravened their privacy policy. Commander Clarke Jarrett, head of the Met Police Counter Terrorism Command, said: “Salonen seemingly made and sent a device that had the capability to seriously harm and even kill over something as inconsequential as a change of password. Fortunately the bomb did not detonate. It was due to sheer luck that the recipient ripped opened the package in the middle rather than using the envelope flap which would have activated the device.” What do you think about today’s news tidbits? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post The Daily: Shatner Dives Deep Into Crypto, Bank to Launch Digital Deposit Box appeared first on Bitcoin News.

a month ago


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