Analyst: logarithmic chart shows Bitcoin is on track for

r/Bitcoin recap - January 2019

Hi Bitcoiners!
I’m back with the 25th monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in January 2019
Adoption * The number of daily bitcoin transactions has been increasing rapidly again (10 Jan) * Bitcoin ads in Tokyo (11 Jan) * A fish-market in San Diego accepting bitcoin (12 Jan) * A discussion on handing out bitcoin at work (14 Jan) * Bitcoin transactions have increased by 50% over 6 months, with fees at a 2 year low (16 Jan) * LocalBitcoins has more volume than the Venezuelan stock market (16 Jan) * A popular content creator deletes his Patreon account and starts accepting bitcoin (16 Jan) * Buying bitcoin at one of 20k coinstar machines (17 Jan) * A story from a European teacher working in China using bitcoin to send money home (22 Jan) * Germany has 1/5th of the world’s Bitcoin nodes (23 Jan) * SatoshiLabs’ Lightning Node routes over 1 btc in transactions in one day (27 Jan) * Someone in Cambodia uses the Lightning Network and Bitrefill to pay their $1 weekly phone bill (30 Jan) * The Lightning Network reaches 600 btc in capacity (30 Jan)
Development * A special thank you to all the Bitcoin Core contributors in 2018 (1 Jan) * A discussion on the need for a lightning network stress test (6 Jan) * New Lightning apps made at the Seoul Bitcoin Lightning Hackathon (7 Jan) * Wasabi wallet can now mix large amounts faster (12 Jan) * Bitcoin Core developer Adam Gibson talks about fungibility, privacy and coinjoin (16 Jan) * A new Bitcoin developers school is launched in Switzerland (28 Jan)
Security * Bitcoin’s immune system (2 Jan) * A discussion on the importance of running full nodes after an attack on another cryptocurrency (8 Jan) * Google Play store requires Samourai Wallet to disable some of its security features (8 Jan) * The Kraken exchange CEO warns users to not store coins on an exchange if you’re not actively trading (16 Jan) * LocalBitcoins.com is compromised (26 Jan)
Mining * Bitmain lost 28% of its bitcoin mining market share in 6 months (2 Jan) * An analysis of a strange nonce pattern in Bitcoin since block 400k (7 Jan) * Bitcoin mining becomes more decentralized as Bitmain loses dominance (18 Jan)
Business * Overstock becomes the first major US company to pay taxes in bitcoin (4 Jan) * Gemini exchange promises it will start using SegWit, Bech32 addresses and transaction batching by the end of Q1 2019 (7 Jan) * Gab emails its 850k users about its switch to Bitcoin (9 Jan) * Bitrefill launches a Lightning channel opening service (9 Jan) * Jihan Wu is stepping down from his role as CEO of Bitmain according to an insider leak (10 Jan) * Bitcoin crowdfunding powered by BTCPay (10 Jan) * Bitmain shuts down its btc.com office (14 Jan) * One of the biggest banks in the Netherlands launches a bitcoin wallet (23 Jan) * A ‘leaked’ photo shows that the Samsung Galaxy 10 has a cryptocurrency wallet (24 Jan) * Data collection by bitcoin businesses (29 Jan) * Fidelity will launch its bitcoin custody service in March (30 Jan) * Paxful a P2P bitcoin marketplace, launches its second school in Rwanda (31 Jan) * The QuadrigaCX exchange goes bankrupt after losing access to its cold wallets (31 Jan)
Research * Data on the Proof of Keys event over the last 9 years (2 Jan) * 50% of the bitcoin supply hasn’t moved in a year (10 Jan) * A rebuttal to the reports of Bitcoin’s environmental damage (31 Jan)
Education * Bitcoin’s first block was mined 6 days after its genesis block (10 Jan) * TIME on why Bitcoin matters for freedom (24 Jan) * A simple explainer video of the Lightning Network (27 Jan)
Regulation & Politics * Coinbase bans Gab.com and its founder (5 Jan) * Some Yellow Vests in France are calling on their supporters to withdraw their money from the banks (8 Jan) * Wyoming introduces bill offering cryptocurrencies legal clarity (19 Jan) * The government of Zimbabwe shuts down the Internet country-wide and hurts its economy (21 Jan) * Venezuela’s new interim president is pro-bitcoin (25 Jan) * Iran lifts its Bitcoin ban (29 Jan)
Archeology (Financial Incumbents) * The European Central Bank has printed €2.85T since 2015 to help sustain the EU economy (4 Jan) * Some of the Yellow Vests in France are calling upon supporters to withdraw money from the banks (8 Jan) * EU fines Mastercard for €570M for high fees (22 Jan)
Price & Trading * Don’t look at ATHs, look at yearly lows (3 Jan) * Whenever you doubt your investing decisions, remember this guy (4 Jan) * Someone creates an open-source terminal dashboard for automated trading and charting (15 Jan)
Fun & Other * Someone put 5% of their paycheck into bitcoin for 3 years (1 Jan) * Bitcoin featured in The Times newspaper on its 10th anniversary (2 Jan) * Bitcoin was launched 10 years ago (3 Jan) * A “How to use bitcoin anonymously” article gets banned on Medium (5 Jan) * A street art treasure hunt in Paris with a Bitcoin puzzle (7 Jan) * An AMA with the co-founder of Wasabi Wallet (7 Jan) * People are trying to encourage others to quit smoking and acquire bitcoin with those savings (8 Jan) * 10 years since Hal Finney’s “Running Bitcoin” tweet (9 Jan) * Gab calls bitcoin “free speech money” (9 Jan) * Nick Szabo on Central Banks, gold and bitcoin (11 Jan) * A discussion on the public perception of ‘hodl’ (12 Jan) * A Twitch streamer receives 20 bitcoin in donations (13 Jan) * The Paris bitcoin puzzle was solved (14 Jan) * An AMA by Blockstream (16 Jan) * The challenges of launching a new cryptocurrency with Proof-of-Work today (16 Jan) * A bitcoin logo on a football team’s shirts in Israel (21 Jan) * Buckminster Fuller on an energy-value system in 1981 (22 Jan) * Someone started anonymously broadcasting messages over Blockstream’s satellites (24 Jan) * Bitcoin is inspiring a new generation of investors (28 Jan) * A story from someone who lost ~$2M USD in btc (29 Jan) * A discussion on tokenization in stock and bonds trading (31 Jan)
submitted by SamWouters to Bitcoin [link] [comments]

spec shitshow #5

one of the few who still reads these?  
I don't have to be PC so let me just say it how it is:
Young naive writer https://twitter.com/AlyssaHertig gets handed narrative by the paper. Writes some stupid shit, gets paid by VC indirectly for protecting the portfolio (because IOTA is a threat to the entire portfolio). Slap a graphic on top of it. Done.
I agree that there is no "grand conspiracy" to damage the IF. It's regular business for coindesk at this point.
https://www.coindesk.com/iota-2-7-billion-cryptocurrency-developers-love-hate/
 
Attacking IOTA on a scientific level ended with self inflicted academic fraud (allegedly), exposing bad actors and destroyed reputations, while educating the IOTA community about the protocol itself. If the media didn't spin the DCI/IOTA incident, it would have been an absolute PR bloodbath for DCI. The new angle is: hurt the IF by making it look like a toxic environment for developers.
That's why month old screenshots are being digged out. This is FUD with surgical precision because developers engaging with the IOTA protocol is one of the more underrated but really fucking important factors.
Thanks to the first steps in making the IF more transparent however, we now know over that 1300+ developers/creators are part of the Ecosystem. https://ecosystem.iota.org
 
Yes, you should boycott Coindesk. No, it's not childish. You should generally avoid all bad press as it's a waste of time.
 
If the first newspaper you’ve read was on an iPad you might not know this: Serious newspapers label articles, in which the writer states his/her opinion on the topic he/she is reporting on, AS SUCH. Those are often referred to as “Opinion Pieces” or a “Comment”. However...
 
Most crypto news sites are simply a vehicle to push undisclosed native advertisement
https://en.wikipedia.org/wiki/Native_advertising
[Native advertising is a type of advertising, mostly online, that matches the form and function of the platform upon which it appears.] ...
[a clear disclosure is deemed necessary when employing native marketing strategy in order to protect the consumer from being deceived] ... [According to Federal Trade Commission, means of disclosure include visual cues, labels, and other techniques.[8]]
 
here is a good example of a native advertisement: https://www.coindesk.com/circle-adds-zcash-crypto-investment-app/
 
If a news outlet is NOT even labeling opinion pieces as such - it’s not worth your time. It will add more confusion than clarity. Because that’s what it’s designed to do.
Let's see if we can spot the difference between professional and fraud:
  1. https://www.finder.com.au/fujitsu-showcases-iota-cryptocurrency-as-new-automation-standard    
  2. https://thenextweb.com/hardfork/2018/04/28/iota-university-college-london-ucl/
see how finder.com.au is very clear about everything? Opinion and disclosure? TNW not so much...
ok, let's never talk about this again! Let's finally move on.
 
We should stay healthy skeptics towards corporate adoption. Friendly reminder the IF exists mainly to push back on corporate agendas.
For all we know, some just do it for the extra likes on twitter because of a #IOTA hashtag. Rarely do corporate SM accounts enjoy this kind of attention.
If you think i'm being anti-corporate libtardish, consider this: Industry 4.0 needs IOTA more than IOTA needs them. https://twitter.com/Schuldensuehnestatus/989738856298659841 Not only to stay competitive but also to not get hacked and shut down by “insert country”. Bosch, Fujitsu and DXC are maybe the first to realize this. SO PLEASE stop begging on social media and tweeting at Elon Musk about IOTA. It’s not a good look.
 
that being said:  
Institutional money and regulation is the hot topic right now. And most likely will be during 2018. BTC Futures showed a recent spike in Volume hinting at smart money flowing in: https://twitter.com/CryptoKinky/status/989569263383011328 (dont judge me for my resources i cant afford nice looking charts)
There are several news articles about WS traders moving to crypto and so on. Looks like things are starting to get rolling in the institutional world, as infrastructure is being set up.
Contrary to popular tinfoilery belief (aka. "The Cartel" Medium Article, that all of Bitcoin is 100% manipulated already based on future contracts), futures had relatively small volume compared to the global btc volume - most likely not important enough to justify manipulation of the entire market.
https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd (global volume)
 
Even the SEC Chairman Jay Clayton stated that futures market is "quite small" in his public statement before the february hearing:
https://www.cftc.gov/PressRoom/SpeechesTestimony/opagiancarlo37
It is important to put the new Bitcoin futures market in perspective. It is quite small with open interest at the CME of 6,695 bitcoin14 and at Cboe Futures Exchange (Cboe) of 5,569 bitcoin (as of Feb. 2, 2018). At a price of approximately $7,700 per Bitcoin,15 this represents a notional amount of about $94 million.
 
If you believe in a paradigm shift, this means we are still early.
 
Recent regulatory voices and twitter drama led to this piece by https://coincenter.org/entry/no-ether-is-not-a-security
Why is this important? Companies in the US most likely are patient about making an investment into any crypto token as there is regulatory uncertainty.
DXC TECHNOLOGY COMPANY, showcased a PoC with IOTA. At Q4 in december, DXC has stated:
213 Million in Net cash provided by (used in) investing activities. https://www.sec.gov/Archives/edgadata/1688568/000168856818000007/dxc1231201710-q.htm
Just some food for thought:
If you are already spending opportunity cost on IOTA, why wouldn't you leverage that with the token. Bosch invested into the token as well, most likely because there is more regulatory certainty in germany. Fujitsu wants to roll out IOTA as an industry standard (as it seems). This is not your regular Shitcoin. There is a reason dumb money is called dumb. Last time i check Verge had 10x the volume on binance compared to IOTA.
 
There are no fundamentals yet in evaluation, it’s purely speculative - but with more institutions moving into the space this might change. As such, CCs with industrial use could likely see a reevaluation. But, looking in from the outside, there seem to be some hurdles.
this twitter account is one of the more resourceful ones, he lets out some numbers to boost his SM traction (god bless him) https://twitter.com/joel_john95
as outsiders, this will be an extremely helpful resource. He tweeted out a quarterly report https://medium.com/outlier-ventures-io/state-of-blockchains-q1-2018-1efe284572c1
he writes: Over $1.8 billion has been invested into firms working with the blockchain ecosystem through corporate venture capital to date.
That’s not that much. Is it. For the entire ecosystem? Friendly reminder snapchat, after a 20% fall, is a 15 billion company. Just to get some perspective.
 
Especially if you consider the crypto market is still in the hands of leveraged daytraders on bitmex and whales, who got big stacks in a coin early on.
Imagine you want to invest 3M into IOTA as a CVC, you would’t spin up Binance and hit marketorder. You contact the IF and see if you can buy some, or outlier ventures might want to part with some, or even the founders i imagine hold quite a substantial amount.
I often see people asking for more exchanges - that's kinda missing the point. What you want at this point is more institutional interest. That's the kind of demand we want. Thats what you would call "organic growth" i guess.
Ripple holders, thinking a coinbase listening would make XRP go to $10, fail understand that Ripple itself holds a substantial amount of tokens where VCs can go and buy in bulk. And that’s why XRP is such a Shitcoin in the first place.
 
Cool thing about open ledgers is that you can look at them. Go figure. https://arewedecentralizedyet.com/
 
Ripple and XLM look extremely bad with over 90% of coins held in the top 100 addresses (shitcoins confirmed). TRX and EOS don’t even have a mainnet yet to really track it - so you can imagine the numbers are likely shit too. ADA is looking way better than IOTA in terms of wealth distribution. But 60% for whales, IF and Founders is probably better than what most projects can show for.
Thing is, the small guys got in on crypto first. Not the banks, not a selected silicon valley investor boisclub either. While this is good for us, it's a nightmare for investment banks and such.
JPMorgan admitted that in their “BTC Bible” saying:
Ownership is highly concentrated. The opportunity set around direct CC trading appears relatively limited for banks
(Think about that for a second.)
CVC investing into the token could be, in my speculative opinion, the most likely catalyst for the price of IOTA, as its industrial adoption can build a synergy for entire sectors. As the main argument for Bitcoin is price uncorrelation to legacy assets, IOTA might be an interesting pick for the smart money, as it could be one of the few CCs with actual fundamental impact on different industry sectors. Something Blockchain, after 10 years, has failed to do.
Let me summarize because i was a bit all over the place. Things i will look for going forward:
  1. Institutional infrastructure is being built as we speak as regulations get more clear
  2. 2018 might see the highest investments into the blockchain ecosphere
  3. Financial talent from legacy market is switching to crypto
  4. Retail investors are the early adopters, not exclusive silicon valley boiclubs
  5. Liquidity is really bad, its hard to buy a lot of crypto for institutions
  6. The real FOMO and bubble might come with the “smart” money
  7. IF addressing wealth distribution and being more transparent
(i do not have a finance background as you can see and i write these to offer some interesting links and resources you might find useful in your own research.)
submitted by thatleechi to IOTAmarkets [link] [comments]

Decred Journal — May 2018

Note: New Reddit look may not highlight links. See old look here. A copy is hosted on GitHub for better reading experience. Check it out, contains photo of the month! Also on Medium

Development

dcrd: Significant optimization in signature hash calculation, bloom filters support was removed, 2x faster startup thanks to in-memory full block index, multipeer work advancing, stronger protection against majority hashpower attacks. Additionally, code refactoring and cleanup, code and test infrastructure improvements.
In dcrd and dcrwallet developers have been experimenting with new modular dependency and versioning schemes using vgo. @orthomind is seeking feedback for his work on reproducible builds.
Decrediton: 1.2.1 bugfix release, work on SPV has started, chart additions are in progress. Further simplification of the staking process is in the pipeline (slack).
Politeia: new command line tool to interact with Politeia API, general development is ongoing. Help with testing will soon be welcome: this issue sets out a test plan, join #politeia to follow progress and participate in testing.
dcrdata: work ongoing on improved design, adding more charts and improving Insight API support.
Android: design work advancing.
Decred's own DNS seeder (dcrseeder) was released. It is written in Go and it properly supports service bit filtering, which will allow SPV nodes to find full nodes that support compact filters.
Ticket splitting service by @matheusd entered beta and demonstrated an 11-way split on mainnet. Help with testing is much appreciated, please join #ticket_splitting to participate in splits, but check this doc to learn about the risks. Reddit discussion here.
Trezor support is expected to land in their next firmware update.
Decred is now supported by Riemann, a toolbox from James Prestwich to construct transactions for many UTXO-based chains from human-readable strings.
Atomic swap with Ethereum on testnet was demonstrated at Blockspot Conference LATAM.
Two new faces were added to contributors page.
Dev activity stats for May: 238 active PRs, 195 master commits, 32,831 added and 22,280 deleted lines spread across 8 repositories. Contributions came from 4-10 developers per repository. (chart)

Network

Hashrate: rapid growth from ~4,000 TH/s at the beginning of the month to ~15,000 at the end with new all time high of 17,949. Interesting dynamic in hashrate distribution across mining pools: coinmine.pl share went down from 55% to 25% while F2Pool up from 2% to 44%. [Note: as of June 6, the hashrate continues to rise and has already passed 22,000 TH/s]
Staking: 30-day average ticket price is 91.3 DCR (+0.8), stake participation is 46.9% (+0.8%) with 3.68 million DCR locked (+0.15). Min price was 85.56. On May 11 ticket price surged to 96.99, staying elevated for longer than usual after such a pump. Locked DCR peaked at 47.17%. jet_user on reddit suggested that the DCR for these tickets likely came from a miner with significant hashrate.
Nodes: there are 226 public listening and 405 normal nodes per dcred.eu. Version distribution: 45% on v1.2.0 (up from 24% last month), 39% on v1.1.2, 15% on v1.1.0 and 1% running outdaded versions.

ASICs

Obelisk team posted an update. Current hashrate estimate of DCR1 is 1200 GH/s at 500 W and may still change. The chips came back at 40% the speed of the simulated results, it is still unknown why. Batch 1 units may get delayed 1-2 weeks past June 30. See discussions on decred and on siacoin.
@SiaBillionaire estimated that 7940 DCR1 units were sold in Batches 1-5, while Lynmar13 shared his projections of DCR1 profitability (reddit).
A new Chinese miner for pre-order was noticed by our Telegram group. Woodpecker WB2 specs 1.5 TH/s at 1200 W, costs 15,000 CNY (~2,340 USD) and the initial 150 units are expected to ship on Aug 15. (pow8.comtranslated)
Another new miner is iBelink DSM6T: 6 TH/s at 2100 W costing $6,300 (ibelink.co). Shipping starts from June 5. Some concerns and links were posted in these two threads.

Integrations

A new mining pool is available now: altpool.net. It uses PPLNS model and takes 1% fee.
Another infrastructure addition is tokensmart.io, a newly audited stake pool with 0.8% fee. There are a total of 14 stake pools now.
Exchange integrations:
OpenBazaar released an update that allows one to trade cryptocurrencies, including DCR.
@i2Rav from i2trading is now offering two sided OTC market liquidity on DCUSD in #trading channel.
Paytomat, payments solution for point of sale and e-commerce, integrated Decred. (missed in April issue)
CoinPayments, a payment processor supporting Decred, developed an integration with @Shopify that allows connected merchants to accept cryptocurrencies in exchange for goods.

Adoption

New merchants:
An update from VotoLegal:
michae2xl: Voto Legal: CEO Thiago Rondon of Appcívico, has already been contacted by 800 politicians and negotiations have started with four pre-candidates for the presidency (slack, source tweet)
Blockfolio rolled out Signal Beta with Decred in the list. Users who own or watch a coin will automatically receive updates pushed by project teams. Nice to see this Journal made it to the screenshot!
Placeholder Ventures announced that Decred is their first public investment. Their Investment Thesis is a clear and well researched overview of Decred. Among other great points it noted the less obvious benefit of not doing an ICO:
By choosing not to pre-sell coins to speculators, the financial rewards from Decred’s growth most favor those who work for the network.
Alex Evans, a cryptoeconomics researcher who recently joined Placeholder, posted his 13-page Decred Network Analysis.

Marketing

@Dustorf published March–April survey results (pdf). It analyzes 166 responses and has lots of interesting data. Just an example:
"I own DECRED because I saw a YouTube video with DECRED Jesus and after seeing it I was sold."
May targeted advertising report released. Reach @timhebel for full version.
PiedPiperCoin hired our advisors.
More creative promos by @jackliv3r: Contributing, Stake Now, The Splitting, Forbidden Exchange, Atomic Swaps.
Reminder: Stakey has his own Twitter account where he tweets about his antics and pours scorn on the holders of expired tickets.
"Autonomy" coin sculpture is available at sigmasixdesign.com.

Events

BitConf in Sao Paulo, Brazil. Jake Yocom-Piatt presented "Decentralized Central Banking". Note the mini stakey on one of the photos. (articletranslated, photos: 1 2 album)
Wicked Crypto Meetup in Warsaw, Poland. (video, photos: 1 2)
Decred Polska Meetup in Katowice, Poland. First known Decred Cake. (photos: 1 2)
Austin Hispanic Hackers Meetup in Austin, USA.
Consensus 2018 in New York, USA. See videos in the Media section. Select photos: booth, escort, crew, moon boots, giant stakey. Many other photos and mentions were posted on Twitter. One tweet summarized Decred pretty well:
One project that stands out at #Consensus2018 is @decredproject. Not annoying. Real tech. Humble team. #BUIDL is strong with them. (@PallerJohn)
Token Summit in New York, USA. @cburniske and @jmonegro from Placeholder talked "Governance and Cryptoeconomics" and spoke highly of Decred. (twitter coverage: 1 2, video, video (from 32 min))
Campus Party in Bahia, Brazil. João Ferreira aka @girino and Gabriel @Rhama were introducing Decred, talking about governance and teaching to perform atomic swaps. (photos)
Decred was introduced to the delegates from Shanghai's Caohejing Hi-Tech Park, organized by @ybfventures.
Second Decred meetup in Hangzhou, China. (photos)
Madison Blockchain in Madison, USA. "Lots of in-depth questions. The Q&A lasted longer than the presentation!". (photo)
Blockspot Conference Latam in Sao Paulo, Brazil. (photos: 1, 2)
Upcoming events:
There is a community initiative by @vj to organize information related to events in a repository. Jump in #event_planning channel to contribute.

Media

Decred scored B (top 3) in Weiss Ratings and A- (top 8) in Darpal Rating.
Chinese institute is developing another rating system for blockchains. First round included Decred (translated). Upon release Decred ranked 26. For context, Bitcoin ranked 13.
Articles:
Audios:
Videos:

Community Discussions

Community stats: Twitter 39,118 (+742), Reddit 8,167 (+277), Slack 5,658 (+160). Difference is between May 5 and May 31.
Reddit highlights: transparent up/down voting on Politeia, combining LN and atomic swaps, minimum viable superorganism, the controversial debate on Decred contractor model (people wondered about true motives behind the thread), tx size and fees discussion, hard moderation case, impact of ASICs on price, another "Why Decred?" thread with another excellent pitch by solar, fee analysis showing how ticket price algorithm change was controversial with ~100x cut in miner profits, impact of ticket splitting on ticket price, recommendations on promoting Decred, security against double spends and custom voting policies.
@R3VoLuT1OneR posted a preview of a proposal from his company for Decred to offer scholarships for students.
dcrtrader gained a couple of new moderators, weekly automatic threads were reconfigured to monthly and empty threads were removed. Currently most trading talk happens on #trading and some leaks to decred. A separate trading sub offers some advantages: unlimited trading talk, broad range of allowed topics, free speech and transparent moderation, in addition to standard reddit threaded discussion, permanent history and search.
Forum: potential social attacks on Decred.
Slack: the #governance channel created last month has seen many intelligent conversations on topics including: finite attention of decision makers, why stakeholders can make good decisions (opposed to a common narrative than only developers are capable of making good decisions), proposal funding and contractor pre-qualification, Cardano and Dash treasuries, quadratic voting, equality of outcome vs equality of opportunity, and much more.
One particularly important issue being discussed is the growing number of posts arguing that on-chain governance and coin voting is bad. Just a few examples from Twitter: Decred is solving an imagined problem (decent response by @jm_buirski), we convince ourselves that we need governance and ticket price algo vote was not controversial, on-chain governance hurts node operators and it is too early for it, it robs node operators of their role, crypto risks being captured by the wealthy, it is a huge threat to the whole public blockchain space, coin holders should not own the blockchain.
Some responses were posted here and here on Twitter, as well as this article by Noah Pierau.

Markets

The month of May has seen Decred earn some much deserved attention in the markets. DCR started the month around 0.009 BTC and finished around 0.0125 with interim high of 0.0165 on Bittrex. In USD terms it started around $81 and finished around $92, temporarily rising to $118. During a period in which most altcoins suffered, Decred has performed well; rising from rank #45 to #30 on Coinmarketcap.
The addition of a much awaited KRW pair on Upbit saw the price briefly double on some exchanges. This pair opens up direct DCR to fiat trading in one of the largest cryptocurrency markets in the world.
An update from @i2Rav:
We have begun trading DCR in large volume daily. The interest around DCR has really started to grow in terms of OTC quote requests. More and more customers are asking about trading it.
Like in previous month, Decred scores high by "% down from ATH" indicator being #2 on onchainfx as of June 6.

Relevant External

David Vorick (@taek) published lots of insights into the world of ASIC manufacturing (reddit). Bitmain replied.
Bitmain released an ASIC for Equihash (archived), an algorithm thought to be somewhat ASIC-resistant 2 years ago.
Three pure PoW coins were attacked this month, one attempting to be ASIC resistant. This shows the importance of Decred's PoS layer that exerts control over miners and allows Decred to welcome ASIC miners for more PoW security without sacrificing sovereignty to them.
Upbit was raided over suspected fraud and put under investigation. Following news reported no illicit activity was found and suggested and raid was premature and damaged trust in local exchanges.
Circle, the new owner of Poloniex, announced a USD-backed stablecoin and Bitmain partnership. The plan is to make USDC available as a primary market on Poloniex. More details in the FAQ.
Poloniex announced lower trading fees.
Bittrex plans to offer USD trading pairs.
@sumiflow made good progress on correcting Decred market cap on several sites:
speaking of market cap, I got it corrected on coingecko, cryptocompare, and worldcoinindex onchainfx, livecoinwatch, and cryptoindex.co said they would update it about a month ago but haven't yet I messaged coinlib.io today but haven't got a response yet coinmarketcap refused to correct it until they can verify certain funds have moved from dev wallets which is most likely forever unknowable (slack)

About This Issue

Some source links point to Slack messages. Although Slack hides history older than ~5 days, you can read individual messages if you paste the message link into chat with yourself. Digging the full conversation is hard but possible. The history of all channels bridged to Matrix is saved in Matrix. Therefore it is possible to dig history in Matrix if you know the timestamp of the first message. Slack links encode the timestamp: https://decred.slack.com/archives/C5H9Z63AA/p1525528370000062 => 1525528370 => 2018-05-05 13:52:50.
Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research.
Your feedback is precious. You can post on GitHub, comment on Reddit or message us in #writers_room channel.
Credits (Slack names, alphabetical order): bee, Richard-Red, snr01 and solar.
submitted by jet_user to decred [link] [comments]

Development Update: ATMChain Development News Collection (October)

ATMChain Protocol development update
October 9th
Github open source community created at: https://github.com/ATMChain
Twitter account for developers created at: https://twitter.com/ATMChainDev
October 10th
ATM token smart contract source code uploaded to github Implementation requirement on multi-party value distribution discussed with DECENT
October 11th
Discussion on monthly plan of ATM protocol layer development
October 12th
Implementation on ATM smart contract automation test platform
October 13th
Review of ATM smart contract automation test platform ATM smart contract automation test source code uploaded to github
October 15th
Technical discussion with ATM Swiss community
October 16th
Design of ATM micropayment solution
Design of ATM media file distribution solution
October 18th
ATM monthly vesting execution and data check
October 19th
Assessment and brainstorming on Raiden Network development status
October 20th
Discussion on ATMChain explorer development plan
October 23rd
Integration of micro-Raiden to ATMChain
October 24th
Technical preparation for listing ATM on exchanges
Design of ATM media file distribution solution
October 25th
Study on smart contract built on plasma platform
Integration of micro-Raiden to ATMChain
October 27th
Finish integration of micro-Raiden to ATMChain
Assessment on micro-Raiden test data and future limitations
October 30th
Forecast on ATM evolution roadmap:
Mid-term, interoperability with service chain and token chain Long term, new media economy based on multi-chain interconnection and unified ATM cryptocurrency
October 31st
Top down architecture design and key technology research of ATM long term roadmap
Enterprise application development update
October 8th
CunChain project team received the customer visit of D-SHORE Information technology CO.,LTD. About the demand of agricultural products traceability, CunChain team provided the technology solution based on CunChain Proof of existence platform and IOT technology.
October 9th
The CunChain project team output the 《Construction scheme of rural comprehensive property rights trading platform in Shunyi District”》document.
On the basis of the CunChain PoE platform, through the smart contract, it supports the transaction into the blockchain ,traceability, non tampering, document PoE and other requirements of the land rights trading platform.
October 13th
The function list of CunChain’s new iteration which is called “Gemini” is completed, as the input of the Gemini iteration ,it will support fabric block chain, support the state cipher algorithms and provide better user experience.
October 15th
Complete the internal review and finalization of the document 《Construction scheme of rural comprehensive property rights trading platform in Shunyi District》.
The document will beused for the project negotiations.
October 16th
Swiss Telecom medicine traceability needs and solutions discussion.The demand will be developed based on the CunChain PoE platform.The CunChain project team began to analyzhe the demand and output the scheme.
October 17th
The key technical points of 《Construction scheme of rural comprehensive property rights trading platform in Shunyi District》 are detailed analysis, and we plan to develope a demo version, both as a project pre research, and easy to follow similar block chain based certificat transaction circulation project’s effect display and exchange.
October 18th 《Swiss Telecom medicine traceability scheme》’s refinement and output, Sorting out specific Use Cases,as well as the key business processes, after internal review, it will be used for the scheme communication with Swiss Telecom customes.
October 19th
Begin to translate the 《Swiss Telecom medicine traceability scheme》doc to English to prepare for the visit and communication of Swiss Telecom clients.
October 20th
About 《Swiss Telecom medicine traceability scheme》, we discussed the scope of the prototype, the prototype design and the project plan. We planed to develop one demo program next week for the Swiss Telecom client to visit to ensure the communication effect.
October 23th
We start the Medicine traceability Demo project.
October 24th
For the Medicine traceability Demo project, we finished the development of Scan Code and the UI design of PC client and Mobile.
October 26th
For the Medicine traceability Demo project, we finish the code of PC client、 mobile、backend、blockchain。
October 27th
For the Medicine traceability Demo project, we started to do the integrated test.
October 30th
1.The function list and project plan of the CunChain’s new iteration “Gemini” are finished, we will start it on November 1st.
2.For the Medicine traceability Demo project, we continued to do the integrated test and bug fix.
October 31th
We finished the integrated test and bug fix of the Medicine traceability Demo project.The demo functions are complete and available which can demonstrathe scan code of the medicine’s delivery, storage, sale,traceability record information into the block chain,mobile phone scnanning code tracing source, tracing medicine circulation records, etc..
ATMChain Global operation update
The ATMChain Foundation has been involved in a large number of activities and project resources docking in the past October.
First two weeks(Oct.1-Oct.13)
This month with the international community of Norway, Japan, Malaysia, Britain and other countries of the community leaders from time to time to determine the possible docking in November summit. It is now clear that in mid-November we will attend the Norwegian Innovation Week Summit and the UK Local Leaders Summit. Specific schedule negotiations, please keep an eye on ATMChain official website and various international community social tools.
Middle of Month(Oct.14-20) The ATMChain Foundation has been involved in a large number of activities and project resources docking in the past October.
we are pleased to announce that this month, the ATMChain community was invited to the China-France Electric Merchants Summit, at the summit ATMChain chairman Usama conducted a speech on the theme of ATMChain. Usama also improved understanding of ATMChain in the French community and docked the electricity industry application of the relevant resources landing.
Rest of Month(Oct.21-31) Swiss Telecom, a key partner in the Swiss community, ATMChain has done a lot of programs and technical docking which provided a solid foundation for both of us following collaboration. We believe that we could trigger more sparks next month.
Technical strategy partner Decent also done a lot of docking work this month, especially in the introduction of the latest public chain version of ATMChain consider the cooperation of the docking program. We are looking forward to this matter at the next Decent meeting.
Finally, thanks to all the support of ATMChain enthusiasts around the world, you are our biggest driving force.
ATMChain The Exchange update
With the help of the European community, the Nordic community, the Asian community and the Korean community and the relevant person in charge, the number of ATMs currently listing is now more than ten which surpassed our expectations this month. The following is the specific situation of the ATM list exchange.
1.RFinex (community partner exchange) RFinex is the digital currency exchange that our partner RFintech introduced. We are very pleased in the ATMChain which has its own strength to build our ATMChain ecology with our partners .Indispensable part of the exchange. According to the ecological panorama of the intellectual chain, we can see that the economic model put forward by the exchange in the intellectual chain plays a vital role, Thanks to our Swiss partner RFintech for providing such an important build, thank them.
2.HitBTC (the top 6 in the global exchange)
We are delighted that HitBTC, as one of our very important partner which has a full range of cooperation as the Nordic First Digital Currency Exchange, both in terms of transaction support, currency issuance, information sharing and community building. Thanks to the world's leading exchange HitBTC as our trading partners to join the intellectual chain chain ecology, but also thanks to the Christian chain of the Nordic community to make contributions.
3.EYA LABS (Community Partner Exchange) EYA LABS as a well-known Korean digital exchange was promoted by our South Korean community leaders Mr. Cui who have the Korean community fans . Cui also push the collaborate with EYA LABS of South Korea's well-known digital currency exchange further.
There is no rose-like gorgeous modifier but honest and frank and constantly enrich and develop, and now the most perfect posture in Korea to gorgeous flags.
EYA LABS In the Korean community's ATMChain would make a great contribution in three years. Thanks to the fan of ATMChain Korean community communities.
4.LiveCoin (the top 30 of the global exchange)
Livecoin is a modern encrypted currency trading platform that provides you with a comfortable, practical and profitable encrypted currency trading platform. The exchange is the ATMChain European communities via the introduction, after a brief communication, in understanding the strong global ATMChain ,LiveCoin decided to the fastest on listing ATM. For the ATMChain Eastern European community, the Russian community enthusiasts , Livecoin provided a convenient and convenient trading channel and also could create the core of the global economic environment to lay a solid foundation. Thank you for the ATMChain Eastern European communities for bring well-known channels, thank you.
  1. Yobit (the top 20 of the global exchange)
Yobit as a well-known platform to exchange encrypted currency platform, Yobit.net in the market play a role in the collection of market participants. Its as the world's top 20 heat to Russia, India, French ATMChain community enthusiasts to make a positive recommendation. The ATMChain responded positively to the community's voice, and finally succeeded in communicating and listing on Yobit. Thanks to the ATMChain European and South Asian communities for your good advice and suggestions.
6.Etherdelta (the top 30 of the global exchange)
As the well-known to the Center Square to the central exchange, whether it is Twitter or facebook have a lot of ATMChain community enthusiasts to do a positive recommendation. The ATMChain Foundation has responded to these voices with the fastest speed to list ATM. At the same time, the Etherdelta exchange is also popular with community enthusiasts, so far contributed a lot of trading volume. thank you.
7.RBEX (Community Partner Exchange)
Recol Bitcoin Exchange, as part of the R fintech Group, its OTC trading offers more trading options. Thanks the RFintech Group again for providing projects and technical.
8.Mercatox(the top 80 in the global exchange)
Our partner mercatox would like to present universal market platform mercatox.com. It is a unique creation in the world of digital money, based on multi-language platform. It combines automated trading, payment service, Peer-to-Peer sharing based on "smart contracts" and many other features. We are planning to provide not just a service with different abilities, but create a new financial market in the digital world.We are happy to collaborate with Mercatox for ATM/ETH, ATM/BTC trade.
9.DECENTREX(the top 100 in the global exchange)
Decentralized exchange for Tokens and Ethereum cryptocurrency. Open source, based on public Ethereum smart contract, with no registration, no limits and no barriers. Decentralized P2P blockchain trading right in your browser, on any OS and device. ATMChain is happy to collaborate with DWCENTREX for listing ATM.
10.Openledger (the top 100 in the global exchange)
Thanks to Belarusian community enthusiast Yukhniuk who helped us contact Openledger.info and was very active in promoting the process of our ATM listing. Thanks for her free time on weekends.We believe that Openledger will be able to help the Eastern European community and even the world of intellectual media chain ATM enthusiasts. Thanks to Yukhniuk.
11.C-CEX (the top 60 in the global exchange) C-CEX exchange has an active community who share tips and information in our chat box. After ATMChain enthusiasts recommended , we had contacted C-CEX with their help and reached a consensus on listing ATM. After the end of the coin listing queue ,will be list ATM. Hope that C-CEX can bring more supporters and strength to our global ecological construction.
The above ten exchange that the Foundation had now cooperated and list ATM. After communicating with the above exchange partners, we decided to open a lot of transactions that had already been supported on Sunday. Before that the Foundation will launch a staff to test the tokens trading for ensuring that ATMChain community enthusiasts in a safe and fast trading environment for ATM transactions. In addition, ATMChain will continue to follow the recommendations and recommendations of community enthusiasts, in November and December to seek the world's relatively well-known exchanges to continue list on ATM. Ultimately, further improve the mobility of the entire ATMChain ecology.
ATMChain 58wallet development update
October 11th
For the 1.0.0 version, we fixed some bugs, UI adjustment, optimize the user experience.
October 12th
The technical details of the Bitcoin system are analyzed
October 13th
Sort out the micro-service architecture, clear the service function boundaries.
October 14th
Release 1.1.0 version, add English language support, and fix some BUG.
The technical details of Zcash and other systems are analyzed.
Design the new architecture solution for the solution
October 16th
Study the issue of bitcoin hard fork, identify the risk range.
Finishing BTC wallet flow chart, timing diagram.
October 17th
The next stage of demand feasibility analysis.
New version of mobile infrastructure discussion.
Bitcoin wallet technology program confirmation.
October 18th
We improved our system to analysis the transaction called from a contract. And we can discover new assets automatically now.
October 19th
determine mobile-side infrastructure solution, write documents.
October 20th
Fit the new UI style.
October 21
Message push technical program confirmation Litecoin, Ripple, Monero and other currency technology research
October 23rd
BTC wallet creation, import, export and other functions
October 25th
Tokens automatic discovery APIs.
Mobile-side integrated message push function.
October 26th
Zcash, Litecoin and other currency technology research
October 30th
BTC wallet transfer, transaction history and other functions.
The back-end system extracts a unified business model for different tokens systems and uses this to extend more tokens.
ATMChain Application development update
October 9th
ATMChain POC practice summarization and development discussion.
ATMChain POC practice report.
October 10th
ATMChain POC performance improvement discussion.
ATMChain POC practice product data analyze.
ATMChain area hotspot framework discussion.
October 11th
Discussion with DECENT team.
ATMChain VOD solution drafting and oversea product discussion.
ATMChain performance improvement discussion.
October 12th
ATMChain separated chain and business solution discussion.
Business solution with Zhongke discussion.
ATMChain performance improvement.
October 13th
ATMChain Japan community communication.
ATMChain performance improvement.
October 16th
ATMChain Ad solution draft.
ATMChain performance improvement and multi-language solution
October 17th
ATMChain Ad solution draft and English translation.
ATMChain performance improvement and multi-language solution.
October 18th
ATMChain Ad solution internal discussion.
ATMChain Japan Community communication.
Swisscom cooperation info discussion.
ATMChain performance improvement and multi-language solution
October 19th
Swisscom Itinerary discussion.
ATMChain Japan Community solution discussion.
Telecom solution designation.
ATMChain performance improvement and multi-language Solution.
October 20th
ATMChain Japan Community solution discussion.
Telecom solution designation.
ATMChain performance improvement and multi-language Solution.
October 23th
ATMChain domestic ad union proposal discussion.
Performance & architecture improvement.
Siwsscom visit material preparation.
October 24th
Telecom solution designation.
October 25th
Telecom solution designation.
Business practice research.
October 27th
Telecom solution designation.
Business practice research.
October 30th
Blockchain camp in Tokyo discussion.
Business practice research.
October31th
Blockchain camp in Tokyo apply discussion.
Blockchain camp in Tokyo document preparation.
Kickoff meeting with Zhongke Solution.
Technical discussion with Zhongke.
submitted by ATMChainNews to ATMChainOfficial [link] [comments]

Weekly Roundup | Random Chat | Notifications

News roundup for the previous week.
In International news
  1. Farcical US election is evidence of Washington's hypocritical democracy: China
  2. Russia warns South Korea of consequences if THAAD deployed
  3. Russia, China have good prospects for cooperation development - China’s Commerce Minister
  4. President al-Assad to Chinese Phoenix TV: any foreign troops coming to Syria without permission are invaders-video
  5. Ray McGovern on Russia, China, and U.S. Exceptionalism
  6. Chinese fugitive officials have nowhere to hide: By the end of 2016, 2,566 fugitives had been extradited or repatriated from over 90 countries and regions, with assets worth about 8.6 billion yuan ($1.25 billion) recovered
  7. Trump could be handing a big gift to China: Without the TPP facilitating capital flows, China is likely to overtake the U.S. as the largest source of foreign direct investment for ASEAN. China has seized the opportunity afforded by Trump’s wall on the U.S. border with Mexico to reach out
  8. Solar power growth leaps by 50% worldwide thanks to US and China: The amount of solar power added worldwide soared by some 50% last year because of a sun rush in the US and China, new figures show
  9. Trump reportedly plans to host China's president in April
  10. International Women’s Day in China: Chinese Women Dominate List of World’s Female Billionaires
  11. Chinese cruise passengers put patriotism above tourism by skipping South Korean port visit
  12. N. Korea, THAAD key topics for Trump's summit with Xi: White House
  13. 3,300 Chinese cruise passengers stage boycott at South Korean resort amid missile shield row: A Jeju official was quoted as saying that smaller groups of Chinese tourists had refused to ­disembark in Jeju in recent days but the scale of this protest was surprising
  14. Brics Plus: China wants more countries in grouping; will India's influence be reduced? Chinese foreign minister Wang Yi has come up with the idea of expanding the membership of the five-nation economic grouping too include other emerging economies like Mexico, Pakistan and Sri Lanka
  15. One of China's 'Most-Wanted' Fugitives Returns From US to Surrender: Wang Jiazhe is the 39th fugitive on the list to return
  16. No need to choose between China and United States, Premier Li Keqiang says
  17. Korean crisis: Chinese Premier Li Keqiang doesn't want chaos on China's doorstep
  18. Tillerson to warn China of sanctions over North Korea
  19. China: We respect Philippines' rights over Benham Rise
  20. China pledges firm response if Japan interferes in South China Sea
  21. Trump’s Top China Expert Isn’t a China Expert (lol)
  22. Why China Wants In on Syria's Reconstruction Program
  23. Tan Zhongyi, 25-Year-Old Female Chinese Chess Player Wins 2017 Women's World Chess Championship
  24. Saudi Arabia, China sign deals worth up to $85 billion
  25. China's Fan wins 3rd straight women's 500m gold at short track worlds
  26. The next meeting for the Trans-Pacific Partnership (TPP) will be held in Chile's capital Santiago after the withdrawal of the United States and with the participation of China
  27. Beijing, Saudi Arabia agree to more oil cooperation, exports to China
  28. China, U.S. in talks on meeting between presidents
  29. UK is helping China build a new Silk Road: January, the first freight train from China’s eastern town of Yiwu arrived in London. So far, leaders from more than 20 countries across Asia, Europe, Africa and Latin America have confirmed attendance to Beijing's Belt and Road Forum in May
  30. US and China agree tensions on Korean Peninsula are at a 'rather dangerous level'
  31. Travel booms as China, Philippines improve ties
  32. China ready to help build Mindanao railway
  33. PM Benjamin Netanyahu flies to China amid coalition crisis
In Domestic news
  1. China praises courts for punishing state security crimes
  2. "China's population to peak to 1.45 billion by 2030"
  3. China to Step Up Observations, Tourism in South China Sea: China is expanding its presence in the South China Sea with plans to build an underwater observation system and to send tourists to the disputed areas
  4. Chinese officials ring alarm bells as IS video shows militants vowing to launch attack
  5. China says investment will help unification with Taiwan
  6. "China's Communist Party hardens rhetoric on Islam"
  7. New rules forbid retired officials in Beijing from practicing religious activities
  8. Lhasa tops China's happiest cities in 2016: CCTV poll
  9. China legislature giving more seats to women, workers
  10. ‘When are you going back to Arabia?’: How Chinese Muslims became the target of online hate
  11. China consumer day show skewers Nike shoes, Muji foods
  12. A New Baby Boom Is Happening in China's Smaller Cities
  13. Beijing ‘to slash foreign picture book numbers’: publishers urged to focus on domestically generated books
  14. China's new bitcoin rules call for identity check
  15. Over Half Say Gender Equality on the Rise in China: Survey canvassed 2,002 Chinese, 23.4 percent of whom came from the countryside
  16. The chart that shows China’s baby-making frenzy since it lifted its one-child policy: The country recorded 18.46 million live births in 2016, leading to “the largest annual number of newborns since 2000"
  17. China to cut Foreigners Some Slack, Will Start Issuing 5-Year Work Permits
  18. China rebrands Cold War nuclear bunker as tourist draw
  19. China Decreased Their Fossil Fuel Use While Increasing Their Energy Use
  20. When China’s White-Hat Hackers Go Patriotic: after Lotte Group’s website crashed, Huaxia Hacker Alliance took credit. Huaxia advertises themselves as white-hat. Since the 1990s, many Chinese hackers have readily exchanged white-hats for red-hats 红帽子 whenever they feel their nation is under assault
  21. Put us on the map, please: China's smaller cities go wild for starchitecture
In SciTech news
  1. A new approach to improving lithium-sulfur batteries: authors include researchers from Northwestern Polytechnical University, Shenzhen University and Hong Kong Polytechnic University in China
  2. Hong Kong university reveals complete genetic sets of nasopharyngeal cancer: Chinese University findings may lead to development of new drugs for a more targeted approach in treating patients
  3. Diabetes drug may be effective against deadly form of breast cancer, study suggests: Researchers in China have discovered that a metabolic enzyme called AKR1B1 drives an aggressive type of breast cancer
  4. China is working on a new manned spaceship that can fly both in low earth orbit, as well as a moon landing mission. The spacecraft is recoverable and can carry six people in low earth orbit and three to four in a moon landing mission
  5. China's Didi launches Silicon Valley research hub
  6. China Fast Catching up With AI Robots Manufacturing
  7. First results of CRISPR gene editing of normal embryos released: team in China has corrected genetic mutations in some of the cells in three normal human embryos using the CRISPR genome editing technique. The latest study is the first to describe the results of using CRISPR in viable human embryos
  8. Two Chinese win Science Prizes
  9. Researchers assemble five new fully artificial yeast chromosomes: A team at Tsinghua University led an effort where six teams built in pieces synthetic chromosome XII (synXII), which was then assembled into a final molecule more than a million base pairs (a megabase) in length
  10. Baidu’s Artificial Intelligence Lab Unveils Synthetic Speech System: The Chinese search giant’s Deep Voice system learns to talk in just a few hours with little or no human interference
  11. China to Unveil World's First Civilian Sub Developed Jointly With Russia by 2018: China is set to unveil a civilian submarine, developed with participation of Russian scientists, by the end of the year
  12. The Next U.S.-China Arms Race: Artificial Intelligence? Currently, PLA thinkers anticipate the advent of an “intelligentization Revolution in Military Affairs” that will result in a transformation from informatized ways of warfare to future “intelligentized” (智能化) warfare
  13. The future is here: China sounds a clarion call on AI funding, policies to surpass US: Artificial intelligence has made its way on to the agenda of the government’s annual political show in Beijing, urged on by the country’s business and technology elites
  14. China's Space Station: Tianhe-1 module to be followed by Tianzhou-2, Shenzhou-12. Tianzhou-2 will dock with and supply Tianhe-1 in low Earth orbit. Shenzhou-12 crewed spacecraft will visit Tianhe-1, which is the first of three large modules that will make up the completed Chinese Space Station
  15. China outpaces India in internet access, smartphone ownership
  16. Beijing to release national artificial intelligence development plan: Wan Gang, the minister of science and technology, said the plan, which aims to facilitate the adoption of the technology in a wide range of areas, including “economy, social welfare, environmental protection and national security”
  17. The secret Maoist Chinese operation that conquered malaria — and won a Nobel - Salon.com
  18. Researchers in China have developed Graphene solar panels that can generate electricity from raindrops. The solar panels with a respectable 6.53 percent solar-to-electric conversion efficiency allows generation of power during periods of clouds and rain.
  19. China starts building huge cosmic-ray observatory to study the evolution of the universe
  20. China’s Undersea Lab Station to Boost Country’s Deep-Sea Research Efforts: undersea lab station is planned to hold up to 12 people and last for months underwater
  21. BeiDou navigates its way to global stage: system with a constellation of 35 satellites by 2020. GLAC to set up an alliance for enterprises that seek to take BeiDou products and solutions to markets along the Belt and Road Initiative
  22. A new clip from Science Channel's "Impossible Engineering" highlights the astonishingly large Five-hundred-meter Aperture Spherical radio Telescope (FAST) in China
  23. Cube iWork1x Review - Z8350 2-in-1 Windows 10 Tablet
  24. How China is Becoming a World Leader in Artificial Intelligence: Data Ecosystem - large volume of user data for algorithms and AI programs. Research and development - AI patent applications grew 186% from previous 5 years. Strong growth projected - 202 Chinese AI startups raised US$1 billion in 2016
In Economic news
  1. The New Industrial Revolution In China Is Here
  2. After $225 Billion in Deals Last Year, China Reins In Overseas Investment - The New York Times
  3. The European Patent Office published its 2016 annual report today, showing an “unprecedented level of patent filings,” and underlining the growing number of patent applications from China
  4. China to start intellectual property rights pilot reform
  5. Ivanka Trump was importing 50 tonnes of Chinese clothing as her father was saying 'buy American'
  6. What Trump Doesn't Understand About China's Entrepreneurial Culture - China doesn't want to be the world's technology manufacturer; it wants to displace Silicon Valley as the world's technology innovator.
  7. The Truth About doing business in China from Alibaba, Didi Chuxing
  8. Trump is already losing to China in technology
  9. China poised to top global corporate patents
  10. Competing with the Chinese Factory of 2017 - Deep manufacturing expertise and extensive supply chains give China a lead that will be tough to overcome.
  11. Chinese pharma firms target the global market
  12. Being bullish on China is no longer an outlier view
  13. Clean Energy Could Spark a Trade War Between the US and China
  14. Chinese enterprises hired some 1.5 million foreigners overseas in 2016 amid their rapid global expansion, China's commerce minister said. Overseas Chinese enterprises recorded 1.5 trillion U.S. dollars in sales volume last year, bringing 40 billion U.S. dollars of taxes to host countries
  15. China's Sinopec nears deal to buy Chevron's South African assets
  16. While Trump complains about open markets, China and Germany are embracing free trade
  17. Russian scientists and Chinese business collaboration development
  18. 'Global powerhouse' business competition with ties to China now in Toronto
  19. China reins in overseas investment after $300b in 2016
In Military news
  1. China will use steam catapults on its third aircraft carrier instead of electromagnetic launch but the fourth will mostly catchup to US technology
  2. The PLA’s Potential Breakthrough in High-Power Microwave Weapons: In the near term, the PLA’s probable employment of this HPM could be as a ship-borne anti-missile system or to reinforce China’s air defense systems
  3. China developing military drones that can evade radar, anti-aircraft weapons: CASIC is also interested in developing near-space drones, which would travel in Earth's atmosphere at altitudes of 20 to 100km, above the top altitudes of commercial airliners but below orbiting satellites
  4. China to intercept 'intruding' aircraft, follow military vessels amid efforts to strengthen navy
  5. Inside China’s High-Tech Space-Based Laser Arsenal: If Beijing’s military provides the funding for the scientists’ proposed five-ton chemical laser, it could be operational by 2023. The weapon would be capable of destroying enemy satellites in orbit from its position in lower Earth orbit
  6. China ready to neutralise THAAD, retired PLA general says: All the country’s armed forces had the capacity to interfere with radar signals. Yue said an ideal place to install the Chinese equipment was on the Shandong peninsula on the country’s east coast, opposite South Korea
  7. Report: Israel Passes U.S. Military Technology to China
  8. Tillerson puts military action 'on the table' over North Korea
  9. Pakistan has inducted an advanced Chinese made LY-80 (LOMADS) Surface to Air missile defence system to secure its airspace from any sort of misadventure, a statement from the ISPR said
  10. China to expand marine corps for deployment in Gwadar, Djibouti: China is constructing a naval base in Djibouti to provide logistical support in one of the world's busiest waterways in the Indian Ocean
  11. Stealth fighter soon powered by local engines: "It will not take a long time for our fifth-generation combat plane to have China-made engines," said Chen Xiangbao, vice-president of the AECC Beijing Institute of Aeronautical Materials
  12. China begins new work on disputed South China Sea island: An image of North Island in the Paracels group taken on March 6 shows recent work including land clearing and possible preparation for a harbour to support what experts believe may be eventual military installations
Other Notables
  1. Is Google another step closer to being unblocked in China?
  2. Mainland Chinese student 'detained for spying' in Taiwan is a anti-CCP KMT supporter
  3. Sun Wukong's Journey to the West | WooKong
  4. Pictures: Naigu stone forest in China's Yunnan
  5. The Great Wall of China on a cold day (x-post Damnthatsinteresting)
  6. [Analysis South Korea part 2] Fourth months ago before mainstream medias , I made an analisys on the situation of south Korea on this sub , this is the second part , just an update
  7. South Korea: Park's exit seen as chance to reset China relations
  8. Britain can be a key partner in China's new Silk Road
  9. Chinese Actors Don’t Have to Settle for Hollywood’s Racism Anymore
  10. While the West Fiddles, China Races to Define the Future
  11. The Rise of China and the Future of the West
  12. How We Address Strangers, How We View the World (East Asians, like the Chinese, Address Strangers via Familial Titles, "Uncles" or "Aunties", Europeans Use "Mister", Which Originated From An Aristocratic Title "Master", a commonly used English honorific for men under the rank of knighthood)
  13. China Could Reshape the Post-U.S. World Order, but Does It Want To?
  14. "Iron Fist" (Kung fu cultural appropriation) has flopped hard
  15. The Kingdom of Women: China’s ‘lost tribe’ of matriarchs, the Mosuo | Post Magazine
  16. Casting of white actors in college play causes furor at Central Washington U: They were using historical derogatory slurs — equivalent of the N-word for Chinese Addison complained. Robinson said We’re not looking for any kind of ethnic...it wouldn’t be uncommon to cast an Asian person as Hamlet
  17. Oldest-Known Image of Confucius Found in Tomb of Disgraced Han Dynasty Emperor
  18. American Unrest Proves China Got the Internet Right
  19. Meet China’s SexyCyborg: does projects to show creative culture. What reactions do you get? (clothes) Overwhelmingly positive in China. Intersection between beautiful women and creativity goes back thousands of years. As for people in the West, my appearance seem to be more important than anything
  20. Ghost in The Shell PSA
  21. Pictures: Fairyland on earth Baishi Mountain in Hebei, China
  22. (x-post from AI) Asian American artist Joshua Luna and his take on the upcoming Iron Fist show
  23. Beijing's Dancing Grannies Put on Headphones
  24. 16 Must-Know Etiquette Rules for Your Next Trip to China
  25. Mysterious pyramid-shaped tomb discovered under Chinese construction site
  26. Trump prepares to pass the world leadership baton to China
  27. Forgotten ally? China's unsung role In World War II (As the 1st Nation to enter WW2, with total casualties at more than 14 million, If China had surrendered in 1938, History might be very different)
  28. "Shen Yun - The First Time I Left a Performance"
  29. 4K Timelapse: BEIJING IN MOTION 2017
  30. Harbin Opera House
  31. Pictures: Scenery of Suzhou Lion Grove Garden
  32. Westerners Want Chinese To Understand China Through Western Concepts
  33. Lightning-quick cashier counting goes viral online
  34. World's Longest Single Spherical Hinge Bridge Section Completes Rotation In North China City
submitted by AutoModerator to Sino [link] [comments]

Subreddit Stats: Monero top posts from 2014-08-18 to 2017-03-29 08:26 PDT

Period: 954.25 days
Submissions Comments
Total 1000 25652
Rate (per day) 1.05 26.87
Unique Redditors 413 2261
Combined Score 48590 87137

Top Submitters' Top Submissions

  1. 3662 points, 63 submissions: dEBRUYNE_1
    1. Monero Core GUI Beta 1 Released (212 points, 135 comments)
    2. Monero v0.10.0 - Wolfram Warptangent - released! (Includes GUI update and how to update wallet) (192 points, 81 comments)
    3. Bitfinex to add Monero (XMUSD & XMBTC) (183 points, 74 comments)
    4. Monero v0.10.1 - Wolfram Warptangent - released! | Mandatory upgrade! (167 points, 62 comments)
    5. PSA: Users, (solo)miners, exchanges/merchants, and pool operators must be on v0.10.1 in advance of the hardfork otherwise you will get forked/booted off the network. Miners, please contact your pool operator to ask them if they have upgraded | Monero v0.10.1 released - mandatory upgrade! (139 points, 81 comments)
    6. Trezor has expressed interest in merging the Monero for Trezor software upstream (104 points, 29 comments)
    7. The minimum fee will decrease from 0.01 XMR per kB to 0.002 XMR per kB today! (97 points, 36 comments)
    8. General information for the upcoming hardforks (96 points, 50 comments)
    9. Monero v0.9.4 - Hydrogen Helix - released! (Updated to include missing DLLs) (91 points, 8 comments)
    10. Additional GUI Developer (Jaquee) - Community Feedback Required (80 points, 47 comments)
  2. 1371 points, 27 submissions: americanpegasus
    1. My wife got me a Monero birthday cake. 🍰 (135 points, 17 comments)
    2. Contest: I will pay 1000 Monero to anyone who can successfully leak the most significant and damning information regarding the organization known as Correct The Record. (125 points, 72 comments)
    3. One of the unfortunate side effects of birthing a truly decentralized financial network is that you have to make a few people rich along the way. Do not lose sight of the big picture: we are all part of one of the most important endeavors in the known universe. (111 points, 55 comments)
    4. ZCash is hitting Poloniex tomorrow and the price will likely go up. But I won't be touching it, ever. The entire project is already compromised on principles alone. (93 points, 59 comments)
    5. Submitted exactly one year ago to /investing: Why Monero is the next Bitcoin and you should be paying attention to it. 😄 ...they downvoted it to zero. (85 points, 52 comments)
    6. PSA: Never trust anything closed source with your Monero private keys. (65 points, 27 comments)
    7. What if you discovered a true super AI, just chilling on the internet? And nobody seemed to care? (58 points, 15 comments)
    8. Thank you. (52 points, 7 comments)
    9. A Game of Bagholding. (51 points, 39 comments)
    10. Monero is the next step on our way to a global technocracy. What's coming next may surprise you. (43 points, 44 comments)
  3. 987 points, 16 submissions: xmr_eric
    1. A reflection on Monero's fundamentals vs. the Dash pump (110 points, 165 comments)
    2. The Monero StackExchange needs you! Only 10 days left to hit our numbers - and we're still short. (109 points, 64 comments)
    3. Monero GUI video preview (95 points, 48 comments)
    4. Solo Mining: How to strengthen Monero's network and become part of its story (or, I just solomined a block!) (92 points, 31 comments)
    5. Monero's dynamic blocksize has increased (78 points, 14 comments)
    6. A reflection on why I believe in Monero (70 points, 32 comments)
    7. Installing 0.10.2 on my VPS node lowered the CPU utilization from 40% to 4%. Nice! (59 points, 8 comments)
    8. My nephew Henry is Monero's #1 fan (57 points, 18 comments)
    9. Redefine Monero as this: Private, Digital, Decentralized (55 points, 18 comments)
    10. Top XMR Exchanges (Poloniex just 2/3rd of total volume) (48 points, 25 comments)
  4. 724 points, 15 submissions: mWo12
    1. monero-core (GUI) development version - screenshots (71 points, 68 comments)
    2. Block 1220516 has been mined! (68 points, 21 comments)
    3. Monero overtook Litecoin in market cap (63 points, 32 comments)
    4. In last 4 weeks, Monero project got over 2200 xmr in donations! (62 points, 11 comments)
    5. Not only Monero price increased recently, but also donations to Monero project got significantly higher! (59 points, 3 comments)
    6. AlphaBay and Oasis Markets to Begin Accepting Monero for Payments (51 points, 18 comments)
    7. SIGAINT launches Tor Monero node as "[its] operators firmly believe that Monero is the next logical step in Darknet commerce" (48 points, 64 comments)
    8. FYI: Monero project got 228 XMR in donations in last week. (46 points, 7 comments)
    9. 5 Major Reasons Why Monero Has Spiked (45 points, 6 comments)
    10. If anyone interested, generated full list of donations to monero project and forum. It totals to more than 153k of xmr. (42 points, 19 comments)
  5. 697 points, 13 submissions: fireice_uk
    1. XMR-Stak-CPU - High performance, open source, miner released! (99 points, 175 comments)
    2. A proposal to speed up wallet sync around 5x (83 points, 112 comments)
    3. XMR-Stak-NVIDA - first secure miner for NVIDA cards, and a release of CPU and AMD miners (73 points, 70 comments)
    4. XMR-Stak-CPU v1.1-1.1 - even faster now, and you can check it on your mobile! (61 points, 24 comments)
    5. XMR-Stak - proudly XMR-only mining network stack (and CPU miner) (60 points, 31 comments)
    6. SECURITY AVISORY - Common Exploit in Monero miners (59 points, 30 comments)
    7. Proposal - cut wallet sync time from 30 min to 7.5 min (52 points, 4 comments)
    8. Miner exploit - this is why we need a bug bounty (44 points, 61 comments)
    9. XMR-Stak-AMD released! (44 points, 26 comments)
    10. FFS Idea - Cutting wallet sync time (36 points, 15 comments)
  6. 690 points, 15 submissions: savandra
    1. Monero promo video is finally done! (92 points, 48 comments)
    2. Monero: The Essentials (Video) (76 points, 24 comments)
    3. Monero Promo Video (69 points, 32 comments)
    4. Monero Video: The Introduction (50 points, 37 comments)
    5. New Video: RingCT explainer (1st of 6) (48 points, 37 comments)
    6. Monero Videos: RingCT update + Ring Signatures discussion (47 points, 14 comments)
    7. "What is Monero? is produced and open-sourced. The explanation video series is on its way (40 points, 10 comments)
    8. Monero Video: Stealth Address Storyboard (39 points, 7 comments)
    9. RingCT video: update (37 points, 18 comments)
    10. Monero Explainer Video Series: Ring Signatures. Help us with the script! (35 points, 34 comments)
  7. 672 points, 16 submissions: EncryptionPrincess
    1. More GUI pull requests were just merged! (89 points, 3 comments)
    2. I look forward to the day when #xmr is no longer referred to as an "altcoin" (74 points, 18 comments)
    3. Free Monero for new users (62 points, 167 comments)
    4. Zcash trusted setup disaster. The number of parties used should have much larger. It is sad that they never properly responded to this concern. (41 points, 47 comments)
    5. Tell everyone to stop using Minergate! (39 points, 22 comments)
    6. Accept Monero payments for Protonmail Plus and Visionary upgrades (37 points, 4 comments)
    7. Reminder for newcomers: XMR can be used at all BTC accepting merchants (37 points, 2 comments)
    8. Chain Anchor violates key principles of bitcoin. Monero view keys do not and allow privacy control to remain with users (35 points, 9 comments)
    9. I never thought this would happen. Respect to Amanda_B_Johnson for having more courage than Evan Duffield (34 points, 94 comments)
    10. Peter Todd describes potential single point of failure in #Zcash trusted setup (34 points, 15 comments)
  8. 651 points, 18 submissions: gingeropolous
    1. /xmrtrader exists. Please use it for all price movement talk. We all know it goes up and down. (60 points, 9 comments)
    2. Did you guys see this awesomeness? One time "addresses" with the same address. (52 points, 23 comments)
    3. Free VMs for Monero Developers (for Monero development) (46 points, 8 comments)
    4. Random musings on funding developments (42 points, 33 comments)
    5. Woohooo! Mine.moneroworld.com found a block! (41 points, 11 comments)
    6. Reflections on a world going round.... (39 points, 24 comments)
    7. Blockchain simulator in R (36 points, 3 comments)
    8. I'm so happy this is all happening (34 points, 8 comments)
    9. MoneroWorld Open Nodes update - random, permissionless inclusion! (32 points, 11 comments)
    10. Another day, another Monero: bitcoin subreddits go crazy over backlog. Monero users never to be affected. (31 points, 25 comments)
  9. 638 points, 11 submissions: fluffyponyza
    1. [Funding Required] Shen Noether, for work on RingCT and multisig (yay) (106 points, 40 comments)
    2. A fond goodbye to our friend and contributor, warptangent (104 points, 38 comments)
    3. PSA: fake MyMonero website is operating at .co, and stealing private keys (84 points, 1 comment)
    4. fluffypony's March Conference Circuit (Mostly Europe) (74 points, 25 comments)
    5. If you want to accept Monero (among other things) for your business, consider signing up for the now-open PayB.ee private beta! (48 points, 10 comments)
    6. Eek! Our StackExchange needs a little bit of attention! (44 points, 3 comments)
    7. FYI: Lily Newman from Wired kindly reworked and corrected the Monero paragraph in this article (39 points, 5 comments)
    8. If you're in Johannesburg, South Africa, then join us for the inaugural monthly Monero Meetup on December 17th! (36 points, 10 comments)
    9. There's an open issue for a Monero icon in Font Awesome, add your voice to encourage them to add it! (36 points, 10 comments)
    10. The Monero StackExchange Proposal is crossing 80% - all it needs is a few more committers with 200+ rep on another Stack! (35 points, 16 comments)
  10. 601 points, 12 submissions: needmoney90
    1. The Monero StackExchange is now in Public Beta (136 points, 26 comments)
    2. Price of Monero at the End of the Year (An AmericanPegasus Classic) (58 points, 30 comments)
    3. Monero Trezor Firmware Beta Sourcecode (Experimental!) (53 points, 19 comments)
    4. Let There Be Slack! (50 points, 21 comments)
    5. Silicon Valley Monero Meetup (45 points, 39 comments)
    6. A Reminder: Making money in crypto is easy. Keeping it is the hard part. (44 points, 22 comments)
    7. Silicon Valley Monero Meetup [Update] (43 points, 27 comments)
    8. PSA: Change your exchange passwords ASAP (38 points, 20 comments)
    9. The Monero StackExchange Is Now In Private Beta (38 points, 4 comments)
    10. /MoneroMarket - Buy and Sell Goods and Services for Monero (34 points, 3 comments)

Top Commenters

  1. fluffyponyza (3517 points, 612 comments)
  2. yuvzst (2008 points, 300 comments)
  3. gingeropolous (1692 points, 437 comments)
  4. uy88 (1658 points, 598 comments)
  5. ferretinjapan (1613 points, 304 comments)
  6. Ant-n (1474 points, 482 comments)
  7. lethos3 (1469 points, 336 comments)
  8. dEBRUYNE_1 (1318 points, 414 comments)
  9. JollyMort (1196 points, 248 comments)
  10. americanpegasus (1085 points, 246 comments)

Top Submissions

  1. Monero Core GUI Beta 1 Released by dEBRUYNE_1 (212 points, 135 comments)
  2. Monero v0.10.0 - Wolfram Warptangent - released! (Includes GUI update and how to update wallet) by dEBRUYNE_1 (192 points, 81 comments)
  3. Kraken — Kraken launches Monero trading by ferretinjapan (186 points, 53 comments)
  4. Bitfinex to add Monero (XMUSD & XMBTC) by dEBRUYNE_1 (183 points, 74 comments)
  5. Jaxx - Monero Integration Update by Jaxx_adiiorio (181 points, 73 comments)
  6. Ummm... I'm a Monero Millionaire. by MarylinMonero (171 points, 201 comments)
  7. Monero v0.10.1 - Wolfram Warptangent - released! | Mandatory upgrade! by dEBRUYNE_1 (167 points, 62 comments)
  8. /Monero - Newcomers Please Read. Everything You Need To Know. by cryptonaire- (165 points, 46 comments)
  9. Monero.how launches - Monero tutorials, statistics, chart and goodies by knaccc (155 points, 99 comments)
  10. Monero, the Drug Dealer’s Cryptocurrency of Choice, Is on Fire by swalecko (151 points, 78 comments)

Top Comments

  1. 97 points: binaryFate's comment in I left for a WEEK... WTF happened !?
  2. 77 points: TedTheFicus's comment in Jaxx - Monero Integration Update
  3. 71 points: mustbemoney's comment in ZCash is hitting Poloniex tomorrow and the price will likely go up. But I won't be touching it, ever. The entire project is already compromised on principles alone.
  4. 65 points: Tom___Tom's comment in Why is Monero's lead developer FluffyPony telling the audience in his speeches NOT to buy? (genuine question, no need to attack me)
  5. 62 points: JollyMort's comment in FBI Concerned About Criminal Use of Private Cryptocurrency Monero
  6. 62 points: Twentey's comment in Ummm... I'm a Monero Millionaire.
  7. 58 points: alvinjoelsantos's comment in Ummm... I'm a Monero Millionaire.
  8. 57 points: fluffyponyza's comment in Monero’s GUI: a Year Late, and a Zec Short.
  9. 56 points: nanoakron's comment in Jaxx - Monero Integration Update #3
  10. 55 points: jprichardson's comment in Any updates from Exodus?
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a conversation with patrick dugan about aml/kyc in tether and the coming cryptofiat money laundering / law enforcement wars

patrick dugan: Interview with Jamie Redman at Bitcoin.com thomas hartman: nice interview. from the transcript: “Personal speculation convinces me that If we have 100 million decentralized dollars backed by OMNIs, then the price of OMNI could be around 100M/580k= $172.41,” thomas hartman: seems moon juicy to me though… thomas hartman: these are claims are dollars, not the dollars themselves. thomas hartman: there’s still counterparty risk (if debt tokens) or system risk (if decentralized hedged) thomas hartman: I can’t see how there could be 1 to 1 parity. thomas hartman: also this would be competing with systems built on open assets and others. thomas hartman: anyway… the thought running through my head these days is… tokenize everything. thomas hartman: transparent books, the less in a database the better. thomas hartman: counterparts keep you honest. thomas hartman: keep trust low. thomas hartman: that’s what will drive valuations. patrick dugan: what's really interesting is when you make tokens basically logic switches of some kind in a dApp structure with smart contracts thomas hartman: yeah I agree with that patrick dugan: we'll be publishing cool charts soon thomas hartman: related.. I’m unclear on kyc/aml for tether. thomas hartman: I understand you need to pass kyc/aml when cashing out of tether system. thomas hartman: so… what if user a buys some tether after passing kyc/aml. thomas hartman: he tumbles the tethers. sells for btc on polonium to user b. thomas hartman: user b now wants to cash out tethers for real use. he passes aml/kyc as far as identity check. thomas hartman: but anyone can see the tethers have been tumbled and the link is broken. thomas hartman: so this could be part of some money laundering operation. thomas hartman: would tether cash user b out? thomas hartman: seems to me like these tethers would be significantly less liquid than untumbled tethers, and therefore less valuable. thomas hartman: i.e. maybe you get used in the end but there’s a long/annoying wait period while you get probed. thomas hartman: or maybe you’re targeted for a criminal investigation. thomas hartman: academic while tether volumes are low but as the system ramps up in volume, this will happen at some point. thomas hartman: answers from team tether would be nice. thomas hartman: the key intuition is that anything that’s a token can be tumbled. thomas hartman: well, if the anonymity set is large enough. thomas hartman: so… if we’re going to tokenize everything............ thomas hartman: when does the aml/kyc ban hammer slam down? thomas hartman: if you think it’s going to slam down soon, you should probably buy ripple thomas hartman: not soon, or maybe never, bet on strong mixable tokens like omni / open assets patrick dugan: I spoke with the CEO of Bitfinex about letting people buy BTC without a verified account patrick dugan: just deposting it, trading it, withdrawing it patrick dugan: for banks and Tether they have a verified req. patrick dugan: I think from a regulator's point-of-view patrick dugan: there is a boon to all this patrick dugan: because Tumbling is predicated on the liquidity of the tumble pool patrick dugan: so you can build evidence against those guys patrick dugan: charge them all with money laundering, but later thomas hartman: that’s interesting. patrick dugan: and non-tumbled blockchain is pretty great for investigators patrick dugan: just run a regression and collate that with whatever else you have, you just need to pint an eye and a nose to pin the tail on the donkey thomas hartman: essentially this means there is arms race / cat and mouse analogous with $10k use limits currently in place for cash. patrick dugan: so they get the eye from the exchanges which would be otherwise block boxes thomas hartman: you’ll be able to tumble, but only small amounts. patrick dugan: yeah I'm not really worried about it thomas hartman: you can tumble large amounts by batching small amounts under sock puppet’s identities patrick dugan: I had my coming to ceasar moment recently thomas hartman: sometimes regulators will look the other way thomas hartman: and sometimes they will make an example out of you thomas hartman: exactly as now. thomas hartman: I guess that’s how it thomas hartman: it’s going to play out. patrick dugan: All I care about is that we're doing things by the book and so too the organizations we endow, though there is a reg. arb at work there in that we typically endow in jurisdictions that are way more chaotic than the US. thomas hartman: there’s some gray area allowed in the fiat system, because otherwise the peasants revolt if you don’t allow them some degree of privacy thomas hartman: the exact boundaries of the gray area are gray, because that gives you maximum flexibility in terms of who you lock up, how you play favorites, etc. patrick dugan: the interesting thing about publishing an algorithm for free and letting anyone combine collateral like BTC with trading some hedge to issue pegged currency, is that it's a true bearer asset, and essentially everone can do it patrick dugan: so the threshold of revolt you mention patrick dugan: well that's a dialectic for all System D economic growth that governments want to tax to some degree patrick dugan: will blockchain-ization of that shadow economy make it easier or harder for regulators patrick dugan: on decentralized chains maybe harder patrick dugan: on Ripple/Hyperledger-esque systems patrick dugan: easier! patrick dugan: much much easier patrick dugan: it would completely transform the situation in Greece of Argentina patrick dugan: assuming the gov cut rates to a lower level and taxed everyone affordabblly patrick dugan: which is perhaps more credit than I'm willing to give them patrick dugan: but the decentralized economic history is stil history that anyone can analyze patrick dugan: that's why Ecuador is smart patrick dugan: they got ahead of the curve thomas hartman: you won’t be able to get amld/kycd account with tether if you’re in a proscribed country like argentina or greece. but I guess you’ll always be able to get in and out with bitcoin. thomas hartman: the end effect is that tether on poloniex should be worth slightly less than a dollar thomas hartman: but hopefully not too much less patrick dugan: well anyone with verified accounts can arb it patrick dugan: so the discount should be that profit margin patrick dugan: as competitive as it may get thomas hartman: that makes sense patrick dugan: what I've learned doing arb in this space for a while, competitive as it may get may take a long time to get competitive thomas hartman: of course, as soon as there are headlines of drug money or whatever on tether, the discount will increase patrick dugan: but that's part of what I'm doing with this role I play, growing capital by providing liquidity thomas hartman: because now you’re looking at the counterparty risk of the tethers being non-exchangeable while interpol does its thing patrick dugan: I think people will do drug deals - or whatever - with p2p escrow that bonds the payment pending the competion of the deal, and they'll prefer USD with a yield that is also p2p generated and redeemed patrick dugan: but ultimately the only way you institute a criminal penalty for people who publish software is to revoke the 1st amendment patrick dugan: so law enforcement will simply have to adapt to hiring guys who can crunch the data and do investigations aided by that thomas hartman: somebody will tumble + attempt redeem on tether, just to mess with the system patrick dugan: it's called work and it's what they're paid for patrick dugan: likewise mil.gov like NSA will have to adopt better encrypted infrastructure to avoid getting zapped by the Chinese thomas hartman: its not the people who publish the software (they can be anonymous), it’s inconveniencing the actual tether holders when they try to cash in patrick dugan: thing is Bitfinex and Tether are not part of the US SAR system as much patrick dugan: they are in the Eurodollar system already thomas hartman: there’s aml there too, and interpol and and and patrick dugan: so their regulator is the HK monetary authority or the Taiwanese superintendand of banks, and their regulators have not explicated that those who deposit/withdrawal crypto-assets to trade must be verified thomas hartman: but do you expect this situation to continue indefinitely? thomas hartman: especially given the certainty of this avenue for capital flight? patrick dugan: now what you're actually talking about would be like a court precedent to try someone who traded Tether and deposited it as an accomplice to money laundering thomas hartman: it’s just a temporary artifact probably patrick dugan: but in order to set a precedent there would have to be proof of mens rea thomas hartman: yes to your last comment (court precedent) patrick dugan: which is balatantly untenable considering the purely p2p nature of usage in a blind, fungible fashion patrick dugan: if that were possible, people who have handled cash or bitcoins could all be tried for money laundering thomas hartman: well it’s new territory here, but I wouldn’t expect territorial governments to essentially open the floodgates on money laundering / capital flight in fiat currency thomas hartman: just because of some wording on previous precedents thomas hartman: they will at least attempt to lock it down patrick dugan: I mean you're talking about the 1st amendment and the 4th thomas hartman: along the lines I described earlier (fuzzy limits with fuzzy boundaries) patrick dugan: I am not pro-money laundering patrick dugan: I am not Cody Wilson though I enjoy his videos thomas hartman: neither am I, I’m just trying to predict the future thomas hartman: in terms of how this will play out patrick dugan: a Dex is not, like what Wilson said of dark wallet "basically money laundering software" patrick dugan: the chain of addresses is still quite intact thomas hartman: but the tokens themselves can be mixed patrick dugan: I think you're overestimating how effective these tools are for enabling individual actors who are evidentiarily guilty of other crimes to get away with money laundering thomas hartman: at low cost of both time, money and effort (somewhat unlike current laundering techniques) patrick dugan: Dark Wallet sets a precedent where the publishers have free speech rights but arguably the users are accomplices in ML thomas hartman: yes, but bitcoin is infinitely fungible patrick dugan: but having a chain of addresses, and any address in the chain has meta-data associated, you can build a case super easily thomas hartman: with tether, you get stuck holding the hot potato when you try to convert to real dollars patrick dugan: it really helps LE in a lot of ways patrick dugan: tax evasion is the hariest because tax events need context, which is more meta-data than the KYC usually permits thomas hartman: so LE doesn’t have to attack the system, they can just put pressure on the central account keeper patrick dugan: well Dark Wallet being p2p is a precedent that really thumbs the nose patrick dugan: because your central account keeper is every user patrick dugan: so what do you track down IPs and subpeana everyone who downloaded dark wallet thomas hartman: but not the case in tether and similar systems patrick dugan: yeah Bitfinex would not have put their foot on the train tracks if it were otherwise thomas hartman: LE can go to tether and say “these are blacklisted tokens. don’t let users cash out to real dollars until you’ve cleared it with us" patrick dugan: no because they don't have jurisdiction thomas hartman: and I guess they probably will thomas hartman: someone has jurisdiction patrick dugan: they can however charge people with crimes, investigate, and prosecute thomas hartman: there are treaties patrick dugan: HK/Taiwan thomas hartman: there may be a window of confusion, but eventually enforcement will be automatic and global patrick dugan: right let's download those and figure out how, if we were lawyers on such a case, we might defend our client thomas hartman: we’re talking about national sovereignty at stake patrick dugan: anyway Bitfinex will certain disclose all info on Verified users that way patrick dugan: will it eventually? patrick dugan: I've been looking at the TPP thomas hartman: that’s my prediction patrick dugan: it's a NWO-style dealio patrick dugan: there is an agency in Chile that pays people to eat at restaurants and record for any unliscenced music plays patrick dugan: seriously thomas hartman: the ability to track money flows is a tremendous power, that world governments will not give up on lightly patrick dugan: that could apply to subjagating food supply if Monsanto sues a guy for an errant wind-blown grain and the courts ruling in the guy's favor makes the country liable for payments under TPP thomas hartman: essentially they already have for pure crypto, but when it comes to tokens on fiat money, they will up their game patrick dugan: they actually don't' quite have it now patrick dugan: tracking SWIFT through offshore banking centers is possible, but it's a job thomas hartman: sure, it falls into that gray area I was talking about patrick dugan: I just think you're assuming that unilateral authority applies more to various parties, whereas the reality is they hire guys at 150k to sit down and do the hard work thomas hartman: but boundaries are going to shift radically if governments don’t take steps thomas hartman: so my prediction is they will take steps, to preserve not exactly status quo, but not total revolution either patrick dugan: the smartest thing for TBTB to do is adopt Blythe's thing or Eris' thing or Ripple and save money, invite people to use the digital ledger for tax transacitons as well maybe with a credit or a lower rate, and get a bunch of IDs and economic volume in their ledgers thomas hartman: with laundering shifted to block chains the work will be harder in some ways, easier in others patrick dugan: I actually take the possibility of criminals getting away with ransoms and hostage kidnappings seriously patrick dugan: I have thought deeply about this thomas hartman: me too patrick dugan: because I have kids and can entertain paranoia patrick dugan: so ultimately in a place like Argentina, you could sell cold wallets with 10 BTC each to a guy for $1750 each maybe patrick dugan: at present rates patrick dugan: but can you sell 100 of those wallets? maybe the guy will work with you to make it happen patrick dugan: can you sell 100 a month, I don't know if that economy in Argentina is quite big enough patrick dugan: it comes down to the scale of liquidity in the rogue pool thomas hartman: I don’t follow you now patrick dugan: you can properly launder BTC for cash by finding a cash dealer thomas hartman: seems like you’d collect ransom via bitcoin, buy tether to control the exchange risk if you’re worried about that patrick dugan: but people are still laundering money predominantly (like 99.999%) in older methods because those are liquid thomas hartman: and go tether -> bitcoin -> tumbler -> exchange with fake user id -> usd thomas hartman: to spend it in fiat if that’s what you want patrick dugan: haha ransomer doesn't want to be long BTC patrick dugan: too risky thomas hartman: he doesn’t have to be, he can buy tether on poloniex thomas hartman: without passing aml. right? patrick dugan: no Tether now requires KYC for all users thomas hartman: ok, that makes things slightly harder. patrick dugan: though they treat Tether equally to any other coin on there patrick dugan: right so the whiz kid at FinCEN who graphs nodal density in BTC aaddresses is already tracking tumbler pools thomas hartman: got it, tether is functionally traceable like other coins, but requires aml/kyc unlike other coins thomas hartman: on every exchange that allows it patrick dugan: they can model where things go dark and what is coming back to the light from those pools patrick dugan: probably you can untangle BTC blockchain tumbling with the right algo thomas hartman: you could still buy tether via localbitcoin / wot though thomas hartman: “dark tether" patrick dugan: you need the same KYC to do 2k daily withdrawals in Tether as in Moneero or LTC or ETH ect. thomas hartman: no, you can’t untangle tumbling if done right thomas hartman: it currently isn’t done right for the most part, but again that’s just temporary patrick dugan: and p2p local bitcoins will be a thing patrick dugan: I think the only serious thorn in the side of monetary authorities is cash trading for crypto patrick dugan: done p2p, efficiently thomas hartman: currently yes, but that’ll change eventually patrick dugan: like here in Chile they have the Caja Vecina patrick dugan: corner store, bring them some cash, they deposit to your account associated with your ID number at the state bank patrick dugan: if that business model can percolate patrick dugan: and in which countries patrick dugan: like in Chile that's an ID'd, state controlled deal patrick dugan: has similar reach thomas hartman: hmmm interesting patrick dugan: Bolivia is doing a really good job with that as well patrick dugan: met their Payments Director at the cb in Miami the other week thomas hartman: cb? patrick dugan: but in Argentina perhaps patrick dugan: central bank patrick dugan: or throughout Africa patrick dugan: or in rural India patrick dugan: we could see cash/crypto trade that is unlicensed patrick dugan: we could see cash/crypto trade that is licensed patrick dugan: saw a guy on local bitcoins paying a premium for your BTC via cash deposit patrick dugan: but, he's in NYC, so he claims to have BitLicense patrick dugan: which means notes, notes patrick dugan: so you see the problem continues to migrate down the line from the platforms to the individual users, and the inherent degree that the platform, more true of distributed ledgers, automatically informs on bad actors patrick dugan: not without paying people well to do some challenging work, but it's all tractable math and computer science patrick dugan: oh also ring signatures may be the exception to that thomas hartman: well, except the tumbling / ring signatures as you say thomas hartman: it will definitely be possible to break the link thomas hartman: and leave only timing attacks on the anonymity set patrick dugan: an rs blockchain like Moneero, with smart contracts and the growth potential that I am trying to galvanize on Bitcoin, so trillions in System D liquidity in this shadow chain, that could really be a threat to KYC status quo thomas hartman: only a matter of time thomas hartman: confidential transactions on a future bitcoin gives you essentially the same deal thomas hartman: best to treat all these anonymity techs as esentially already done deals when you’re trying to predict the future, imho patrick dugan: yeah but 100,000,000 system d merchants don't think the same way as the 89,000 Poloniex account holders thomas hartman: doesn’t really matter which token they happen in, or all of them, since tokens are interchangeable via exchanges patrick dugan: I wouldn't consider anything a done deal patrick dugan: because user acq. is hard for a social game patrick dugan: it's really hard for money apps patrick dugan: because people need to not just trust it but be comfortable with it patrick dugan: I was just barely comfortable rigging the Geth CLI to fire off some Ether patrick dugan: and I work in this biz patrick dugan: so scale that on down thomas hartman: it’s not a done deal of course, but when you’re doing psychohistory you need to make simplifying assumptions… identify the critical juncture points patrick dugan: if anything I should be more conservative about estimates of adoption thomas hartman: yes I think you should be thomas hartman: aim for traction on small scales in identifiable markets thomas hartman: rather than boiling the ocean thomas hartman: but I think overall you’re doing a great job thomas hartman: tether is a real thing. it’s being used. just figure out what works, and keep growing that. patrick dugan: thank you for your kind words 
submitted by standardcrypto to omni [link] [comments]

Live Bitcoin Liquidation Watch: July 5 2020 Using Divergence as a tool to scalp bitcoin on the 3 min chart Bitcoin Failed Breakout! Market Update and Chart Review Binance Adds New Bitcoin Futures as Crypto Market Volume Turns Bearish How to Use Bitcoin Exchange Rate Charts

Trading volume is the total number of shares of a security that were traded during a given period of time. Trading volume is a technical indicator because it represents the overall activity of a With CFD you can buy and sell bitcoins just like bitcoin exchange, but with an advantage of not waiting for the confirmation from the blockchain, which is time-consuming. Trading on regular bitcoin exchanges. There are many platforms that involve bitcoin exchanges, but these platforms charge some fee for the transactions. Chart Size: Identifies the overall height of the chart on the page.Choose from Small, Medium, Large, X-Large. Symbol & Study Data: Determines how the chart will show you price / study information as you move your mouse over the chart.For mobile devices, the chart always uses the "Headers" option, regardless of what your template or last used settings. Prominent Bitcoin and cryptocurrency analyst Willy Woo recently shared a logarithmic price chart of Bitcoin created by technical analyst known as Awe and Wonder that suggests the dominant cryptocurrency is on track towards gradual recovery.. The chart, which dates back to 2010, evaluates the logarithmic regression of Bitcoin, covering three 80 percent corrections the asset experienced in the - Increased bitcoin exchange volume in Kenya - Bitcoin usage in India - much more Follow Matt on Twitter Check out UsefulTulips Shoutout to this week's sponsors. Cash App. Start #stackingsats today. Use the promo code: "stackingsats" to receive $10 and contribute $10 to OWLS Lacrosse you download the app.

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Live Bitcoin Liquidation Watch: July 5 2020

Gemini Exchange Cameron and Tyler Winklevoss: Blockchain, Bitcoin, Finance, Invest Gemini Live 30,133 watching Live now How To Speak by Patrick Winston - Duration: 1:03:43. In July alone, the exchange’s altcoin perpetual futures volume grew 150% to $5.1 billion from $2 billion, while daily volume on altcoin futures hit $2 billion. Using Divergence as a tool to scalp bitcoin on the 3 min chart ... Internet AND Most Inspiring Speech- It Changed My Life. ... Finance, Exchange, Investments, Bitcoin, BTC Social ... Overall volumes are down in the weeks following the third halving event, despite open interest on Bitcoin options hitting a record $1.5 billion this week. Bitcoin futures volume 1-month chart. Top left pie chart is the Binance 'Bull Market Watch' available at https://www.IntroToCryptos.ca thank you to https://btcusd.aggr.trade/ Cryptocurrency Research and Trading Education - Serving ...

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