The token XRP-BF2 is the real token to be pegged like the genuine XRP, it was likewise referenced Binance started the trading of XRP to XRP-BF2 and the equivalent in invert fro stores and withdrawals. So as to build the exhibition and better versatility of Binance DEX, a comparative token as XRP-BF2 pegged with XRP is going to be propelled. This activity may dispatch Binance DEX as a comprehensively perceived decentralized trade stage. New Source: Thecoinrepublichttps://www.thecoinrepublic.com/binance-dex-launches-native-token-pegging-to-xrp/Binance is creating all these crypto pegged alts to make them easier to trade within different platforms it holds. It's just like the inter-exchange trade. The BEP2 bitcoin could be considered an alternative to lightning network. As the original bitcoin remains with the binance, the token goes around. This significantly reduces the fees and pressure on bitcoin chain but too much of it's success may even have negative effect on bitcoin economics.
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Considering that most people nowadays often find it hard to store and protect their cryptocurrencies, it's best to delegate the responsibility to a middleman. A bank of crypto would fit the bill nicely, as people would be able to secure their cryptocurrencies without ever having to follow the necessary precautions to prevent hacks or theft. As long as the bank of crypto is highly regulated by the government, then it'll be here to stay for a long time. Still though, not everyone will agree to this as it greatly defeats the whole purpose of crypto and Blockchain technology. The idea of a bank providing crypto services would only prove to be viable for newcomers into cryptocurrency. People who're experienced in crypto, wouldn't need this in the first place. Nonetheless, do you think that a Bank of Crypto will happen anytime soon? If so, why? Bank of Crypto are real and they have a multiple benefit over the traditional banks. They being universal, would maintain a similar interest strategy around the world and controlling interest rate and economy. People in low interest economies would get high interest on their deposit while people in high interest economies would get low interest loans. They would be a medium for investors from developed countries to invest in rapidly growing economies around the world.
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I have lately seen a lots of posts regarding how Binance has introduced trading in Chinese P2P pairs even when BTC exchanges are completely banned by China. The truth is no exchange is operable in China. Binance shifted it's headquarters from China to Malta back when China banned Cryptocurrencies here is the link to Wikipedia page which verifies the fact : https://en.wikipedia.org/wiki/BinanceIt clearly states that: The company was founded in China but moved its servers and headquarters out of China and into Japan in advance of the Chinese government ban on cryptocurrency trading in September 2017.[4] By March 2018 the company had established offices in Taiwan.
So it doesn't comes under the jurisdiction of Chinese Law so there is no need of any Chinese Government permission required by them to operate in CNY p2p pair. It's the people who have to be worried regarding their legality. It's for those people who have started thinking that China has relaxed it's cryptocurrency Laws a bit. Binance moved out of China a long time ago. They have offices in Hong Kong and Japan and Malta was a later move. Crypto though banned is china, chinese people still are the one of the largest traders of cryptocurrency. Chinese are the largest P2P traders of crypto. The deals happens with the platforms like Wechat and Alipay which are all in one social and financial apps. Binance did wanted to tap that market and provide an easy platform for both sellers and buyers with some juicy rates but it's involvement did raised concern in China.
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If at some point in time I come across death, how would I actually preserve my crypto for other family members to enjoy? I mean, this should be a concern to every crypto enthusiast since all the money they've earned over time could easily be lost without the ability to be recovered by someone else. The decentralized nature of crypto, leaves us responsible of protecting our own funds no matter what. Which is why, I'm eager to know which are the best practices to preserve my cryptocurrency in case I die in the future? Any recommendations or suggestions will be highly appreciated. Thanks in advance. The best way is to share what you know to the people closet to you. But sometimes it gets difficult when the people close to you are not tech friendly. As for example of myself, my parents are old and not tech friendly, my brother is a stupid and doesn't wants to listen to anything I say. My girlfriend is a curious one but there's no point on sharing with her before our marriage. There are a few friends who are into crypto and my parents knows I hold some money as crypto. I hope in case of my death they'd be able to assist my parents to retrieve the money.
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Crypto doesn't need a solid reasons to have a sharp rise or fall. And it's easier for a low supply coin to change it's price. The most obvious reason for one coin going in the opposite direction from others is a pump or dump period. Sometimes it may also be due to some drastic news that may effect the future of coin in one way or other.
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I'm seeing a lot of posts and top-lists with the best crypto games lately. At the moment there’s a huge selection of crypto games online starting from simple casino slots and finishing by shooters, 3D action, and exploration games. I see a lot of promos, articles, etc, but I never heard of the efficiency of those games for their users. Take this top-5 for example. Does anyone even play it? Are you doing it for fun, or is it really a profitable way of earning crypto? How relevant are blockchain games and is it possible to make any profit on them? By 'making any profit' I mean an alternative to trading, mining, etc. Share your experience. I've played some of the blockchain based games. If you play them for fun just like any other mmorpg than you would be perfectly satisfied. I'm really a fan of mmorpg whether they are text based or graphical, it's always fun to compete with other real people. But if you intend to earn than you'd be surely disappointed as they pay very few tokens that mostly have a negligible value.
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NEO which is said to be the leading cryptocurrency in China and ICX for Korea hasn't really been trending recently even with development updates. I've come to realise that most altcoins see price spikes because of hype especially from influencers or upcoming news or market manipulation and not how great the project is. I've been following NEO and ICX and I'm really impressed with those projects, but their development updates doesn't affect price positively. What could be the reason behind this? I will like to hear your opinions if you still believe in those projects.
They were too much hype but both failed to deliver their promises. Antshares became NEO and they said they'd compete with Ethereum, all they did and are doing is visiting conference and Da Hongfei stating how much bitcoin rose and what would be the price of NEO if it rises similarly. The team even started another project with large hype called ontology which too is getting neglected.
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is it possible that the prize manager and the entire project crew including the developer, they work together and deliberately promote fraudulent projects?
I see how easy they are to erase red trust and promote fraudulent projects repeatedly? Is this what is called a camouflage manager?
There were many fraudulent campaign manager who intentionally made profit off scams. They were given the red trust they deserved. They knowingly were involved in scams. There were also many of those that were not intentionally involved in scamming users but did promoted scams and got negative trust. The negative trust game started conflict between the moderators leading to neutral trust to all of them. And now it's upto users to identify the good managers and the bad managers and decide which projects or bounties are good on their own.
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He's trying to copy Putin's macho personality but I don't think that figure would be considered a macho even for the north Korean standards. Though the girls would exclaim nonetheless as they would want to keep living. This kid is not as bright as his dad and he's likely to lose his status in the next decade one way or other.
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China seems to be trying to fit blockchain everywhere. In this case, they are providing tokens to users for providing their data. They could have stole that anyway without making the users aware about it just like every tech companies do but they humble enough to provide reward for sacrificing their privacy. Seems to totally fit in a highly monitored society with social credits.
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Hi, I am trying to post a new topic in Announcements (Altcoins) but can't seem to see images in the message preview, although I am a Copper member.
You need to fill a form after transaction confirmation. Have you done that? https://bitcointalk.org/index.php?action=credit;promote
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The SVP of product management of Ripple, Asheesh Birla has announced yesterday on Twitter that Ripple has invested into the Bitso, which is a Mexican Exchange. Bitso is the largest exchange in Latin America, but Birla didn’t reveal the investment amount that has been made. Also, Birla will be joining the board of directors in Bitso. Read More: https://www.thecoinrepublic.com/ripple-has-invested-in-mexican-exchange-bitso/Ripple if I am not mistaken the European banking sector, why they climb into someone else's sphere in the form of Mexico is unclear. This is purely my opinion, but I do not consider Ripple a cryptocurrency. She's Rip to Me) I don't think they've ever said to restrict themselves to the European banking sector. Ripple was supposed to be a token used by the banks, it did strike some deals with banks in europe and canada but that business model never really got a success. So, they are trying many other ways to be in the market and create buzz around the project. Hope they would successfully devise a way to benefit ripple holders with their investments.
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Coinmarketcap has recently published a page where they track the interest rates from various cryptocurrencies on different platforms. The highest Bitcoin APR is now 6.20% at BlockFi. Looks like BNB and stable coins have even 10% APRs. I wonder what are these platforms doing with your crypto to offer such high interest rates..
My question to the community is how much you trust these platforms to hold your crypto safe and don't scam away? Is the 4-6% annual interest rate worth the risk for you?
Platforms like BlockFi, Nexo and Celcius accepts deposits and provides loan. Bifinex and Poloneix provides margin lending for traders which is similar to a collateral loan. Many other exchanges just takes the money to increase the liquidity and some to lock up their coins. Binance want's to be the largest exchange and make every people put their coin on binance so they could manipulate the whole crypto market.
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Very big chance that for XRP could be in position 2. It is possible that this will happen later, but this is still in the process. Sooner or later, surely, if XRP continues to push, then it will be what we expect.
XRP is already an inflated coin and there are no any good news to make it rise more. The Ripple team have failed to integrate the token the way they promised to make a worldwide money transfer. They even claimed to be alternative to swift. But it seems like banks would rather make their own coin than integrating XRP. With the increase in competition in crypto world, I highly doubt, XRP would claim the second spot for any significant time.
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The growth in price has been disappointed for Ethereum in this period and with the decline in number and interest in ICOs, it lost much of it's transactions. But still Ethereum is number one platform for tokens, dapps and smart contracts. Even though there are newer competitors, Ethereum still has the benefit of being the leader. And hope the introduction of version 2 would change it for better.
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Damage control on the part of Libra? During a recent interview to CNBC, a Libra’s co-creator, David Marcus, said that he is a great fan of Bitcoin. Still, he admitted that Libra is going to bear no similarities to it, since BTC is highly volatile.
On the other hand, he admits that if Libra were not backed by fiat currencies, it would not have faced so much resistance from global regulators. https://u.today/im-a-big-fan-of-bitcoin-libras-chief-david-marcus-saysSo he really knows that their back is against the wall here with so many regulators against it. Anyways, let move on, is Libra goes live next year then so be it. But I'm sure the consensus has spoken that we don't like it. He have always admitted his fascination of bitcoin and has clearly said that Libra is in no way is a competitor to Bitcoin. They want to create a universally accepted legal crypto currency. They want to be a pioneer of new generation of crypto led by companies. Governments are hostile to it as it aims to challenge the fiat rule.
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I won't waste your time retelling the latest news about Libra and how it became non-welcomed among politics, banks, etc. There's also TON project, which seems more acceptable among society, exchange platforms, communities, etc. Comparing the feedback — while Gram is 'delighted to be listed' by different exchanges (quote from here), Libra's just... 'not money' (quote from here). So, could you explain, what's the difference between Libra and Gram and is there future for Gram coin? Gram and Libra are different in the sense of their legality. Gram is as legal as any other cryptocurrency. i.e. most of the jurisdiction considers it as illegal and would be outright banned in the crypto oppressive countries like US and China. Libra on the other hand wants to be a universally accepted legal currency. It wants to be the coin of Facebook platform. Exchanges are delighted to accept gram but Libra would probably chose the exchanges that can accept it.
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Nowadays I think that every thing higher than 1% is very high as an house edge.I would start by this criteria and then go down to find the most trusted casino with the lowest house edge.This is the perfect search criteria to end up playing in a casino which will not rob you through a big house edge.
I think 1% is the lowest gambling casino's house edge can go. If they lower it than 1% then maybe the profit it will generate won't be enough for the website's maintenance and for salaries to its employees as well. If it's above than 1% then it would be difficult for them to attract new users. That's right dude, casino is indeed a gamble but it must have a business system in it where developers and users are both benefited and not one-sided. If they apply a house edge above 1% then it will benefit developer and vice versa if below 1% it will benefit user. In my opinion, house edge 1% is standard of a casino and that is average of all casinos. If I find something lower than that, then I should be aware of the casino. The income of a casino actually depends on the volume of money being wagered. It's nearly about house edge percentage of total money wagered in long run. So the profit of a casino with .5% house edge is half of 1% house edge on equal amount wagered. Even a casino with house edge 0.5% can make huge yields if it's successful in bringing people to gamble more money.
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Durov brothers are not those who give up their plans easily. When the Russian government forced them to share the personal data of users from their social network VK, they refused and forced to leave not only VK but also their home country to create a truly privacy focused messaging service. They won't move backwards due to some government organization threatening them.
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Could someone explain to me why Dash seems to get a pass as a privacy coin when it comes to listing it? It seems to be hard for any other privacy coins to list in anywhere good enough exchanges, and only reason i can see for rejecting them is just being privacy coins.
I really think DASH has been doing great with compliance, even though it's really a hard time for privacy coins. So many regulatory hindrances with privacy coins, but DASH always scale through. It's a good thing Binance US will list DASH and I also saw that OKEX KOREA won't delist it which is controversial to the former delisting news. everything happens like this with dash because it is not anonymous. For a long time, every person in this market understands this. I would not connected with this coin if you are a fan of anonymous cryptocurrencies If DASH was anonymous enough it wouldn't have passed the SEC monitoring to get listed on a US exchange. US is tightly controlling the coins that are being traded within it's jurisdiction using it's banks. It's the only reason why exchanges needs to open separate entity and list the coins that past the test. The coins that promises to share every data on demand are the only one's that gets pass through the screening.
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