Very punctual ICO. I don't know and never heard of this project, but it for some reason called investors attention.
Here is their official thread posted by Hhampuz https://bitcointalk.org/index.php?topic=5245143.0Its really call out the attention of users. Even me, I joined their token sale and luckily I had few investment.This project might become the real Eth2.0 hehehe.
Could be. Vitalik even mentioned on his tweet, that avax is equal on legality of bitcoin. Even the mainnet not release yet. There are IOU trading on AVAX futures already on two exchanges. https://www.coingecko.com/en/coins/avalanche-iou#marketsIt was a joke hehehe. It does not directly imply that Ava is Eth 2.0 similar to Grin is Bitcoin 2.0 only because of donations from coinbase transactions from early miners hehe. Also, how can it be equal in legality of bitcoin if it is an ICO? |
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@Tash. I predict another delay on November after this delay hehehe. The statement also said unless we find severe bugs in clients and protocol. This does not show confidence on the development of project.
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@bitmover. Also, the news article mentioned that some of the investment came from Ethereum's genesis address. Is that where the premine is? Does this imply that this project has Vitalik and the Ethereum Foundation's approval?
This project might become the real Eth2.0 hehehe.
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This public ICO has raised $42 million in under 4.5 hours. This might imply that the another cryptocoin bull market is beginning, I reckon. The pumps are returning hehehe.  Blockchain project Avalanche raises $42 million in a public token sale
Blockchain project Avalanche, spearheaded by Cornell computer science professor Emin Gün Sirer, raised $42 million in a public token sale last week.
The amount was collected in just under 4.5 hours on July 15, AVA Labs announced on Wednesday. There were 72 million Avalanche (AVAX) tokens available for sale, and investors from 100 countries grabbed all of it. Some of the funds also came from Ethereum’s Genesis address.Read in full https://www.theblockcrypto.com/linked/72597/blockchain-project-ava-raises-42-million-in-a-public-token-sale |
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I speculate that there is a large group of people that is composed of people who want law and order, who want America free of China's opportunism in business and politics and who want American values upheld, only tell other people or the polls that they like Biden but who might really vote for Trump. Also, some of the sportsbooks have removed the betting hehehe. They are afraid Trump will win hehehe.  House Democrat warns about 'inaccurate' polls: Trump voters 'fundamentally undercounted'
Democratic Rep. Elissa Slotkin (Mich.), a first-term member who represents a district President Trump won by roughly 7 points in 2016, said that polls showing the president trailing former Vice President Joe Biden are “inaccurate.”
“I don’t believe it,” Slotkin told Politico Magazine when asked about recent polls showing Biden performing well in key swing states, such as Michigan. FiveThirtyEight currently has Biden nearly 10 points ahead of Trump in Slotkin’s state of Michigan.Source https://thehill.com/homenews/campaign/506816-house-democrat-warns-about-inaccurate-polls-trump-voters-fundamentallyTrump has 91% chance of re-election, according to model that got 25 of the last 27 elections right
The political science professor predicts Trump will have an even larger win in 2020 than his 2016 victory.
A political science professor is asserting that President Donald Trump has a 91% chance of re-election in November against presumptive Democratic presidential nominee Joe Biden. Stony Brook University professor Helmut Norpoth made this political forecast by using the "Primary Model," an election prediction model that has a proven track record, including accurately predicting five out of the last six elections.
"The Primary Model gives Trump a 91 percent chance of winning in November," Norpoth told Mediaite on Tuesday. "This model gets it right for 25 of the 27 elections since 1912, when primaries were introduced."Source https://www.theblaze.com/news/trump-win-2020-election-prediction-model |
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they just praise it, doesn't mean they have a dealings with China. the fact is that China is quite friendly with crypto and their development is one step further.
I don't think you need to be afraid of Trump statements. after all it's just a statement, there is no legal basis for blocking. plus many retail companies that have cooperative relationships with China. if he really wants to block it, there will certainly be many who oppose it.
It appears that you did not read the executive order. This is broad, however, I reckon it has given Trump broad powers to do anything he wants versus Americans and American companies that have any type of dealings with China. https://www.whitehouse.gov/presidential-actions/presidents-executive-order-hong-kong-normalization/Does Ripple have direct or indirect dealings with China or a Chinese person or company? |
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Also, this news. We criticize premined projects for holding much of their coins, however, Satoshi and the original miners also hold much of the bitcoins. I know they are different occurrences, however, I am only giving an example of what the Grin development team wants to fix. On Monday, the blockchain trackers and researchers from Whale Alert published a new research report about the infamous fortune allegedly owned by Satoshi Nakamoto. Researchers estimate that Bitcoin’s creator possibly mined coins up to block 54,316, capturing 1,125,150 BTC or $10.5 billion using today’s exchange rates.Read in full https://news.bitcoin.com/new-satoshi-stash-estimate-claims-creator-mined-10-5b-worth-of-bitcoin/ |
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@figmentofmyass. It might only be similar to Neteller. Paypal want cryptocoin value coming in, however, it does not want to become a platform for money laundering similar to what many exchanges are, I reckon.
The skeptical me speculates that this might be a government supported move to make users use cryptocoins bounded in only a speculative manner hehehe.
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I reckon Ripple's legal team should begin researching Ripple's rights as a company and how its assets can be protected after Trump has issued an executive order declaring that anyone in America that has dealings with the Chinese will be blocked and the American government might freeze or confiscate their assets. https://www.whitehouse.gov/presidential-actions/presidents-executive-order-hong-kong-normalization/Garlinghouse said China is ahead of the U.S. when it comes to the regulatory aspects of the disruptive sector.
His comments come as the Far Eastern superpower has already begun trials of its digital currency. Similarly, Blockchain-based infrastructure is, also, undergoing advanced testing in Hangzhou, Shenzhen, and Hainan
“In some ways, I’m in awe of it,” said Garlinghouse in the Fireside Chat, adding “these technologies may, in fact, be very foundational for the future of how financial systems work, and they want to make sure that they have capabilities at the heart of them.”
Meanwhile, Ripple co-founder Chris Larsen has similarly appreciated Chinese efforts in the past. As CryptoSlate reported, he said “China is so far ahead of us” while noting the country’s $1.4 trillion warchest for emerging technologies such as blockchain.Read in full https://cryptoslate.com/ripple-xrp-ceo-is-in-awe-of-chinas-crypto-and-blockchain-approach/ |
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I appears everyone should read Grin's monetary policy again and learn the theory behind the inflation schedule. Grin's monetary policy is everything that might be wrong in bitcoin that might be corrected in Grin. As an experimental hypothesis, Grin's inflation rate may discourage hoarding early on, improving its distribution. Inflation disincentivizes "whales," who have an inordinate amount of control over the price of an asset, and should act to downplay speculative bubbles and price swings. Early adopters get just as much out of grin as those who adopt later. This argument is discussed at length in Bitcoins are not digital greenbacks, in which Wei Dai himself considers "Bitcoin to have failed with regard to its monetary policy". Grin is aiming for as equal access and utility as possible for all users, now and in the future.Source https://github.com/mimblewimble/docs/wiki/Monetary-Policy |
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Regarding the famous account twitter hacked being talked about, it is true that not all accounts hacked are related to cryptocurrency.
But many people focus on crypto related Twitter accounts, maybe many of the victims are from the crypto community. Twitter is now
investigating this incident, hopefully the cause can be known. But I agree with most people, that there are inside people on Twitter
involved. Because famous accounts are the average victims have good security, this hacker can easily do it. I'm sure someone inside
gave the hackers access, but let's we wait for the results of the investigation carried out by Twitter.
It might also be that there are many someone inside on different tech companies who might have already been compromised by a certain foreign communist country hehehe. I speculate that many American companies, schools, the media and also the government might have been infiltrated already. It is dividing America. |
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I do not understand these services. Does Revolut and Paxos allow their users to send bitcoin to their own wallets or not? Was I correct in my first assumption about the similarities of bitcoin usage in Paypal and Neteller?
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I would not say this factor or particular issue will far outweigh other socio-economic issues-- domestics ones to be exact-- that a lot of Americans are probably more critical about.
As an Asian and whose country is under constant territorial threat from the bully China, this particular issue is very important for me. But I cannot tell whether or not an ordinary American finds this specific issue equally important that it may determine his/her vote.
I am from India, and my country had a major unprovoked territorial fight with the Chinese a few weeks back. For Asians, Chinese aggression is a big concern. Not sure whether the same will be reflected in the United States, because they don't have any direct territorial dispute with China. At least in this case, I have to say that Trump is more effective when compared to Biden. China has become an expansionist. Their government is expanding to your country, to the South China sea and they have passed a security law in Hong Kong which removes some of its citizens' freedoms and rights. It also has concentration camps of uighur muslims. When was the last time a country acted like this and which country was it? |
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I believe there is a lot of other hedge fund type of places that does something similar as well. They just take your money, you invest with them, and you do not know what they are doing with it. I mean sure you do, you can ask them or they probably have some papers on it, but the meaning is, you do not say "buy this or that" and so forth, you just give them money and they use that money to make more money for you.
It means if they want to buy bitcoin with all of them, they can. Of course it is risky and if it doesn't pay out everyone will lose money and they will withdraw their money with discontent and that hedge fund will never see any more new investments, yet by ability and right of law they can actually do that. This place is doing something similar, not all the money but just a small portion of it.
Agreed. Similar to the big short of the mortgaged backed securities scam of 2008, irresponsible bankers and traders might begin using your 401k to invest in bitcoin and other cryptocoins. Bitcoin is alright, however, the article also mentioned that it will expand its portfolio to other digital assets. I assume altcoins hehehe. This news should be alarming. |
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It's unbelievable how bad the security of these crypto-related accounts must have been. A simple 2FA device would have likely prevented this.
I could see them receiving more liability if the hackers aren't found here.
Many of these Twitter accounts are followed by people that aren't well versed or very knowledgeable with into crypto and just want some news. Holding crypto doesn't mean you're an expert.
The accounts of big companies are trusted by many people uncritically for what they post... They should have invested in better security. Not that it's hard to secure a twitter account.
According to some news articles it appeared that the hackers bypassed 2fa. Also, do you reckon Twitter accounts of a former American president, a CEO of SpaceX and Apple do not have 2fa? This would be naive. I speculate that Jack Dorsey might not have full control of his company. |
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@adamistraybar. Trump might win because the people might see that he has the political will to fight the new threat. China. Biden has dealings with China through his son Hunter Biden. This speech from Trump's attorney general. This is very close on declaring war, I reckon. It is a privilege to be here to speak about what may prove to be the most important issue for our nation and the world in the twenty-first century — that is, the United States’ response to the global ambitions of the Chinese Communist Party. The CCP rules with an iron fist over one of the great ancient civilizations of the world. It seeks to leverage the immense power, productivity, and ingenuity of the Chinese people to overthrow the rules-based international system and to make the world safe for dictatorship. How the United States responds to this challenge will have historic implications and will determine whether the United States and its liberal democratic allies will continue to shape their own destiny or whether the CCP and its autocratic tributaries will control the future.
Several weeks ago, National Security Advisor Robert O’Brien spoke about the CCP’s ideology and global ambitions. He declared, and I agree, that “[t]he days of American passivity and naivety regarding the People’s Republic of China are over.”Source https://www.justice.gov/opa/speech/attorney-general-william-p-barr-delivers-remarks-china-policy-gerald-r-ford-presidential |
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worst take so far: Unfortunately, most of the mainstream media used a similar title, so this incident is a net negative to Bitcoin. Some influencers are already saying that all crypto should be banned. This is worrying, because public perception is the only thing that stops governments from banning Bitcoin tomorrow. If majority of the population will be signalling that they will not use Bitcoin, and they don't like Bitcoin, it would be a no-brainer to ban it, because this move would be popular and will protect the establishment. the headlines were ugly but tbh the fallout doesn't seem that bad. what makes you think the majority of the population doesn't like bitcoin? do you actually expect adverse government action from this? Everyone is considering this like it was a hack to scam for bitcoins implies that the hackers real plan is working. The hack might only be a message that the hackers control Twitter. |
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@Febo. However, when will grin perform better than bitcoin unless it was only a speculative pump? Also, similar to all pumps, the buyers only return to holding bitcoin or fiat.
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