Hey, thanks for mentioning my site! Got some new features I'm working on now that can be tracked on trello. Would love to hear how I can make it more useful for everyone. I don't have the 20 comment karma needed for ethtrader so I'm glad it got mentioned here!
Just a point of interest on a hypothetical: If the recent surge to 6200 was the top for bitcoin (for a while) then the market as a whole could be in a double top - 176m on September 1st, 175m on October 15th. Just worth considering.
A new DAG-based BFT consensus protocol, Avalanche, was just released anonymously on IPFS. Smells a lot like the original Nakamoto whitepaper: https://ipfs.io/ipfs/QmUy4jh5mGNZvLkjies1RWM4YuvJh5o2FYopNPVYwrRVGV
According to coin https://coinmarketcap.com
trading volume for btc is about, 32% against fiat 68% against alts and eth
trading volume for Ether is about, 69% against fiat 31% against alts and btc
I guess we can say the flippening is on it's way.
ETP flash crash happened on finex: https://cryptowat.ch/bitfinex/etpusd/1m
Really makes me reconsider how I use stop loss orders on smaller coins.
How do you guys manage your stop loss? Conditionnal limit orders? Just alerts? Regular stop?
Fundamental / value thoughts, not TA:
6B USD seems like a strikingly high marketcap for something that is essentially LTC with longer blocktimes and no infrastructure (and will undoubtedly confuse people). https://coinmarketcap.com/currencies/bitcoin-cash/
I wouldn't touch it except to dump it - same position as ETC.
A clearer way to see the status of BCH vs BTC hash rate, I'm finding, is to compare the raw lists of blocks:
https://blockchair.com/bitcoin-cash/blocks?s=time(desc) https://blockchair.com/bitcoin/blocks?s=time(desc)
Check "Time" .. "Ago" options for convenience. Basically the BTC chain has resumed quasi-normal TX processing for now. It has been over an hour since the last BCH block was mined. (Had been chugging at 1 block per minute before that.)
Not drawing any tradable conclusions from this at the moment.
A title edit and note regarding the change to achieve accuracy in reporting would be fitting in this instance. Interestingly, the post referenced on our site notes that Ledger Labs did perform a security audit regarding the hack. The update to the post was to clarify that they did not perform a financial audit.
The author has been contacted directly.
I. Investment planning for the hard fork - post your input regarding a possible hardfork in Bitcoinland here.
II. If you have recently made some good money trading, don't forget the FoundationTipJar and make sure to enjoy some of those profits properly! If you lost some or not made as much as you'd hoped, don't forget it's just money, there will be plenty of other opportunities in your life. Never give up.
>https://ipfs.io/ipfs/QmUy4jh5mGNZvLkjies1RWM4YuvJh5o2FYopNPVYwrRVGV
It appears they took their name from this https://en.wikipedia.org/wiki/Team_Rocket proving once and for this is the best of all possible worlds.
Is this is worth discussing: https://www.bitfinex.com/posts/227 ?
It will probably affect the availability of USD margin amongst other things and may create selling pressure if US customers convert USD to btc and eth for withdrawal. There is some discussion over on /r/BitcoinMarkets.
An important thing to notice here: https://coinmarketcap.com/currencies/ethereum/#markets
As you can see the trading volume is 10% eth/btc and 90% eth/fiat the ratio is not significant anymore. At the moment, ether total trading volume is 40%-50% superior to btc volume Given the smaller ether market cap, i believe it means ether has more upsides, but maybe I am wrong. We all know btc is driving the swow, and as u/rotzeod said :"it doesn't make any sense".
I think bots and traders did not get the info and are still trading according to btc. I would be glad to get your opinion about that
according to coinmarket cap, daily vol:
btc $1,432,640,000
ether $2,156,330,000
which is 50% higher, and according to this chart I would say eth trading volume is quite high: https://coinmarketcap.com/currencies/ethereum/#charts
The total transaction based on capability in terms of scaling. EOS is the first multi-threaded blockchain. Each single thread has been tested to support above 10k transactions with on a single CPU core. But you can add as many cores as you like, so add 100 cores and you have your million. I suspect that network will start out in June around 50k - 200k, as no one will be using more than that. But given the hundreds of millions in funding for dapps I expect them to start scaling quickly.
Here is more of a breakdown to understand the differences between the two platforms. https://steemit.com/eos/@trogdor/eos-vs-ethereum-for-dummies
Information is spaced out a bit right now. I can go more into it (and I recognize that I am guilty of being arrested by the shilling police), but to I think that EOS is going to be the "Apple" of the space. It is public-facing, slick, easy-to-use, and immensely well-funded. EOS is the kind of thing that might be usable by normies on their iphones. It is also ahead of development - I fully expect them to respect the hardline of June and the blockchain will be up and running independently by then.
This BTC run-up I would guess is SW2X anxiety, the rumor going around that some form of SW2X fork is still going to take place. (?? Unclear on that, take with grain of salt.)
https://blockchair.com/bitcoin/blocks
SW2X fork was scheduled for block 494,784, that's in about 110 blocks or so.
this BTC/ALT chart is very interesting, but I think something is missing. to see the hole picture we need to have a look to the other chart "Combined Altcoin Market Capitalization": https://coinmarketcap.com/charts/#btc-percentage This looks like a huge bubble, like it never happened before. As you know, btc did not lose much in value lately, despite a big dip... It means fresh fiat is flowing straight into alts! And it never happened it this proportions before. Why would this money would now fly to BTC? A lot of investors bought some ethers and ripple because they believe in theses projects, they don't care about btc at all. I think btc is still expensive because it's the gateway to alts, I can see no other narrative or fundamental to explain this btc bounce. Btc might keep on rallying, alts might correct, but I believe the btc dominance will be lower and lower. The flippening is happening, but it's not a eth/btc but a alt/btc flippening. This is happening because of ether trader/holders, I thing they are much more open to alts and they are getting richer :)
https://coinmarketcap.com/currencies/ethereum/?markets=main#markets
Fiat x ETH markets starting to catch up with the ETH x BTC dominance of Poloniex. Thanks to Gemini and GDAX! Anti-ETH Shorters manipulation is hopefully over.
Thanks for the answer. Do you think their security page is just PR BS? It looks pretty secure to me at exchange level. Users, well, that's a different story.
Also any recommendation for Europe based people? I have done some research and I'm not convinced by any.
I admit trade execution has been poor lately with Kraken but security and trade execution should in theory be two independent things. This being said, I hear your point.
FIL price 2.63 - perfect! If you missed out, don't be salty - at least now you know what price you will be getting at the exchanges and you avoided potential risk that was indeed real.
In my opinion IPFS is currently the most important protocol for the decentralized internet to even work. I don't care if FIL goes to 0 and I lose my entire investment because I fundamentally believe this is a HUGE missing link that we really need for dapps to even go mainstream.
It's a little difficult to put this into just a few lines so just go here and be blown away by what it could deliver on a large scale in the future: https://webtorrent.io/ ... I believe IPFS+FIL can ultimately become the largest distributed network in the world and help to deliver content faster than ever before because of P2P nodes just like webtorrent uses, it's pretty epic right?
I intend to write a lengthy report about Filecoin and why I believe it could eclipse both ETH and BTC in the distant future. I see IPFS as fundamental as HTTP and Filecoin is the possible incentive layer that could make IPFS a mainstream protocol.
First bank with IFTTT support
> What if you could demand more from your bank? More flexibility. More automation options. More collaboration. In short, what if your financial institution had a better connection to the rest of your life?
Enter Monzo. Monzo is building the bank of the future for UK customers. With integrated money management tools, customizable saving options, no foreign transaction fees and other exciting innovations, Monzo empowers their users to make smart decisions about their spending every day. https://ifttt.com/monzo
We're getting closer to smart contracts becoming reality at scale. IFTTT is nothing but programmatic actions that get triggered when an action in your bank account occurs. It baffles me why crypto exchanges are working on almost everything except this, especially those with fiat onramps
Hey, thanks for mentioning my site! Got some new features I'm working on now that can be tracked on trello. Would love to hear how I can make it more useful for everyone. I don't have the 20 comment karma needed for ethtrader so I'm glad it got mentioned here!
> more than 5B for ETH and more than 30B for BTC
If we assume that BTC and ETH keep their current share of the market, that would put the total crypto market cap at around 50B.
Do you really believe that could happen, or do you think there will be other coins taking over first and second spot?
Looking at the market cap graph, I find it hard to imagine that we will go down to under 100B again.
With all the development and attention the crypto space is getting, I believe it is much more likely that market cap will double again soon.
I like to argue with the lines of argumentation from simple math exercises like here https://steemit.com/cryptocurrency/@primeer/why-ripple-token-xrp-is-terribly-overvalued
In particular, if parameters for XRP burn rates have not changed (I think they haven't), then I guess this argument
>As an example, only 10 XRP tokens need to be destroyed if a bank needs to settle 1 million transactions in one year.
is something to consider. This means that the potential demand is vastly overrated, facing the valuation of XRP. I like Ripple though, but I feel like they should explicitly communicate what XRP is and what it can't be (a speculation vehicle).
Buying the dip on HUSH (ZCash fork). Roadmap looks good, with counterparty smart contracts allowing for ICOs and DAPPS. Low marketcap. Privacy focused small cap forks have a lot of upside potential.
https://coinmarketcap.com/currencies/hush/
https://steemit.com/hush/@radix42/counterparty-on-hush-funding-assets-and-smart-contracts
Bitfinex: Specifically, in the case of a hard fork event, lenders will receive both BTC and B2X. Anyone that is short BTC/USD or long any BTC trading pair (ETH/BTC, LTC/BTC, etc.) will owe B2X to the lender, effectively making the user short B2X. An exception is being made where BTC is borrowed but is not in use as financing collateral. In that case, B2X will accrue to the lender. Users that are financed long BTC/USD or short any BTC trading pair will receive B2X.
https://www.bitfinex.com/posts/223
Am I wrong to think that being short btc won't be very attractive at the time of the hardfork?
Looks like the ETH/USD hit a wall where market cap would be $3B at ~$33.41.
https://coinmarketcap.com/currencies/ethereum/
EDIT: Actually, Kraken shows ATH at $33.58 so it passed $3B, but the market pushed back.
They did an ICO for 15 millions $ filled in 3min. They want to build a decentralized exchange. https://www.binance.com/ico_review_en.htm 200 MM BNB planned but they are buying back 50% regularly, so it will be 100 MM BNB Max.
It's the first centralized exchange I see that plan to build a decentralized one, so they have already the experience.
Exchange is getting bigger and bigger, and I would not be surprised to see it getting as big as bittrex as it's a chinese exchange but easily accessible to US or Europeans. So I think it's still worth it.
Everything is compiled into wasm. Agree though that most standard c++ libraries will require refactoring for EOS smart contract. But from security standpoint wasm is built specifically to run compiled code sandboxed securely on modern browsers.
>EOS is not that platform. The decision to implement smart contracts in general purpose languages such C++ and Javascript exemplifies a design focus that favors performance and features over security
WASM is the binary format the C++ (or Rust, or any other language in the future) smart contracts compile into.
From http://webassembly.org/docs/security/
>The security model of WebAssembly has two important goals: (1) protect users from buggy or malicious modules, and (2) provide developers with useful primitives and mitigations for developing safe applications, within the constraints of (1).
Haven't read the rest of the article, but as far as the quoted text goes it's plainly wrong.
Btw take a look at this https://github.com/ewasm/design
Great, thanks a lot for this...I will continue adding.
Metaverse has been on my radar a few days now. Its now started spiking (too early for me unfortunately, I read the whitepaper last week and did not see enough to convince me). Have you come across it / thoughts? Might add it alongside PART as a long shot punt. Big ideas and lots of jargon but without any foundation when I read it, but maybe I was wrong - https://coinmarketcap.com/currencies/metaverse/
Hi all,
I own some BNB (Binance Coin) so I might be a bit biased but honestly try their exchange and see how fast it is to place an order. Also the exchange has just one month and they are already number 12 in today's volume https://coinmarketcap.com/exchanges/volume/24-hour/
NEO founder is advising them, and the CEO is the previous cofounder of OKCoin
They plan to add a lot more https://binance.zendesk.com/hc/en-us/articles/115001175111-Binance-Will-Add-OAX-DNT-MCO-ICN- and you can see it's not finished.
So my advise is to get you some BNB before it's too late, you also have 50% reduced fee with it on the exchange. The bigger the exchange gets, the more BNB is bought.
I wrote a post about my own view on the whole bubble thing. My point is very simple, if each one of us do not make their part, we can ruin the party. If we get enough bad examples out on the street we'll sure piss off a bunch of regulators and traditional investors, and that will likely limit the whole of crypto and blockchain economy's growth.
GPUs and ASICs are unable to compete with trillions of small devices. In the end the network with the cheapest transaction costs will grab some of the largest market share. My bet is that it will be DAG or hashgraph-based. Blockless chains are so much better at scaling.
I have talked to real companies (not crypto startups) and one COO told me that they dont even bother with Ethereum right now because of congestion. They will first build on IOTA
This trend is accelerating heavily. People may not want IOTA to succeed but it has a good shot at success
Lubin and Co are good salespeople, they make EEA look more successful than it really is. Got to hand it to them, they are brilliant at their jobs
not about swing trading in special but i liked this one much:
I have to be careful with my cable as well. I'm going to try one of these magnetic USB adapters.
lets do it Tie!! i am all for it, we have beta right there, I didnt test it.... my brazilian friends lost a lot of money with this crash ( they couldnt take it and sold all very low) so they are depress, dont want to follow this ICOIN4u project now.... I need someone who want to make this from hobby to business.....
Myself right now I am about to start my selling season ( planting season) of my main business, so I need to focus on that. Also my second focus is on launching first app , one of many from my big agriculture platform... In august, so from next week ciao focus to crypto.....
https://play.google.com/store/apps/details?id=com.mymap&hl=