Those whales getting poorer in the title of this news article is only an exaggeration. The whales are only slightly poorer as mentioned hehe. In any case, this might be the setting that everyone is waiting for before the big pump.  For the first time since 2016, the number of Bitcoin whales—large holders who own at least 1,000 Bitcoin (over $9 million worth of the cryptocurrency)—is increasing. (OK, so maybe just less rich than before is more appropriate.)
The report added that the amount of Bitcoin held by whales was on the decline for the past five years, dropping over 22% from 6.7 million to 5.2 million, but more whales have entered the market this year and therefore it has started to increase.
And the dominance whales have in the market is also seeing its largest sustained increase since 2011. Read in full https://decrypt.co/34162/bitcoin-whales-multiplying-also-getting-poorer-report |
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I speculate that Satan himself might be left shaking his head on this idea hehehe. He might become a supporter of this, however.  Alex Masmej, sold his soul to cryptospace community not SatanFrenchman Alex Masmej, 23 years old, recently raised $20,000 on Ethereum by tokenizing himself. Now he wants his investors to vote on his life choices.
His “control my life” experiment challenges token holders to tell him whether to take a run or eat only veggies.Read in full https://www.coindesk.com/man-who-sells-himself-now-wants-buyers-to-control-his-life |
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I'm very interested in Petr Yan vs. José Aldo fight. Based on Russian youtube videos, Yan is called one of the best strikers (but I don't agree) in his division. Aldo is a deadly muay thai. This fight gonna be non stop strikes exchange and would definitely get a fight of the night award, if there were no belt fights in the card.
You do not agree? I reckon Urijah Faber's face might disagree on your disagreement hehehe. Urijah was immediately retired after coming out of his retirement hehe. However, agreed, Petr Yan and Jose Aldo might be fight of the night. |
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Not on the use case itself, this is not DeFi at fault but the project team who aren't capable of using better security features on their project, please stop making DeFi looks bad, decentralized Finance is a new use case, how team member will handle it will be different from one another
I am not making defi look bad. It is doing this by itself. Read the news, hacked cryptocoins from Ethereum might be more in total compared to hacked cryptocoins from centralized exchanges. In any case, news update. Balancer Labs will reimburse $500k to its users. Balancer Labs tweeted Tuesday that all liquidity pools affected in the $500k hack would be fully reimbursed. The firm said a community vote was taken in the regard, with the majority in favor of the decision:
After thorough discussions with the community, the Balancer Labs team decided that it will fully reimburse all the liquidity providers who lost funds in the attack of yesterday. We will also pay out the highest bug bounty available for @Hex_CapitalSource https://cryptoslate.com/defi-platform-balancer-to-reimburse-500k-in-hack-losses-community-threatens-legal-action/ |
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@Carlton Banks. On your comment about Trump, does that imply that the established leaders who might also be the kingmakers, will make it a certainty that Trump will win on November? The present crisis in America might need another 4 years of a scapegoat hehehehe.
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Trump mentioned something strange and this might be an indecipherable statement about the military industrial complex during his speech in Tulsa. Is he warning everyone similar to Dwight Eisenhower or is Trump a friend of them? https://www.youtube.com/watch?v=pNecDwMY_0w |
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Does anyone or a website have the data on the total of how much was stolen or hacked from centralized exchanges and the total of how much was stolen from Ethereum defi, dapps, dex and smart contracts? Total Ethereum hack and theft might be more.  Image from kryptomoney.comBalancer, a non-custodial portfolio manager and automated market maker, was drained of nearly half a million dollars from a sophisticated attacker that was able to exploit a bug in deflationary token pools. They were able to borrow $23 million through a flash loan on dYdX and convert to WETH which was continuously traded in the STA/STONK pool. By draining the balance of STA, its price relative to other tokens was extremely high allowing the attacker to swap for other assets at a much cheaper price.
Unlike the DForce attack that led to $25 million being returned, this attacker took steps to shield his identity and washed all his funds through Tornado Cash. This makes it unlikely that the funds will be returned and will leave Balancer in a deficit.Source https://messari.io/article/defi-faces-another-high-profile-attack-as-balancer-loses-500k |
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false alarm, it seems. i can't bother confirming the chat log---you need to sign up and confirm an email--- but apparently roger ver said this in an AMA on coinmarketcap:"The announcement was made without my knowledge or consent. The forum isn't going away." They'll go and hang on r/btc even though that place is starting to get a little ragged too.
folks in r/btc actually seemed happy at the prospect that this could boost their traffic. it's a sad state of affairs over there.  Roger might only be testing what type of reactions the announcement might make hehehe. Similar to MMA fighter Conor Mcgregor when he announces his retirement. He might be a fan hehe. |
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I think he's confused between government wants to "eliminate" Bitcoin and government will "eliminate" Bitcoin. But i'm sure people know government wants to eliminate something they don't like (due to various reasons) already, so this kind of news isn't really meaningful. I reckon someone should irritate Jim Rogers on social media and show him Monero. Ask him how the government might stop this hehehe.
"It's easy, all government needs to do is turn off internet connection" I reckon the politicians behind the government would have done anything or eliminate what they wanted if they knew how it can be done within the law. For so long a time, these people or the government itself do things within and without the bounds of law. While they're preaching that no one is above the law, they are actually playing on rules that apply to them alone, or on lack of it. They're simply beyond the law. They arrest people selling and using cocaine but they traffic it. They prosecute and jail people for murder but they sure eliminate others freely. And the list goes on. Here comes Bitcoin. There is no one to kill. There is no switch to turn off. There is no headquarter to put on fire. There is no neighborhood to bomb. And so forth. But if only there was, they must have already accomplished the mission. And now they're having a hard time killing this son of a bitch. But it doesn't mean they not acting on it. Similar to what you said, what will they act on? Outside the law, bomb mining farms, murder miners and assasinate developers? Also, within the law, Bitcoin is protected by the 1st amendment. |
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@figmentofmyass. They might treat their customers similar to how online stock brokerages treat them in America, however. Anyone who does not reach the annual income required might not be qualified to use their service to purchase bitcoin.
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DeFi means decentralized Finance, maybe the interviewer should have ask him what decentralized Finance is instead of DeFi? Might sound confusing using DeFi? I personally don't know what DeFi was until I figured it out that it was shorten name of decentralized Finance, I bet he knows what that is.
No, I am quite certain that the interviewee knows what it is. I speculate that he simply did not want to acknowledge it because many if them are similar to scam ICOs of 2017. The skeptical me thinks that some defi projects are created with backdoors and bugs by their own development teams to steal from their own users. Early Sunday afternoon, reports started to spread via social media that a DeFi hack/attack took place.
Word first spread via Telegram, according to The Block’s Steven Zheng. An admin of a Telegram group noticed that there was an issue with Balancer, a DeFi protocol focused on facilitating token swaps.
“Apparently someone drained a Balancer Pool made up of WETH and STA and got away with $500k worth of WETH,” Zheng wrote, becoming one of the first to spread news of this via Twitter.
Hours after Zheng’s tweet, the attack was confirmed by Ethereum-based decentralized exchange 1inch and Mike McDonald, co-founder of Balancer Labs. Balancer Labs is the entity that is behind Balancer’s development; the former is a company, the latter is an Ethereum-based protocol.Source https://www.newsbtc.com/2020/06/29/428843/ |
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Of course it recovered, but the correlation with the legacy markets showed its no safe haven, as any crisis hitting them will also be hitting bitcoin.
i am still not convinced of this correlation which some people seem to have already accepted without any convincing evidence. I'm baffled by this sort of denialism. The evidence is the correlation itself. BTC is following the stock market almost exactly:   Any divergences have been slight and generally occur when the stock markets are closed. This can all be verified with a correlation calculator too. You can argue the markets will de-correlate but you can't argue a correlation doesn't exist. Agreed! Use this tool to witness bitcoin's correlation with the dow jones and other stock markets around the world. They might be more than 70% correlated, I reckon, similar to the correlation of other assets of speculation.  https://unicornbay.com/tools/asset-correlations |
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I think he's confused between government wants to "eliminate" Bitcoin and government will "eliminate" Bitcoin. But i'm sure people know government wants to eliminate something they don't like (due to various reasons) already, so this kind of news isn't really meaningful. I reckon someone should irritate Jim Rogers on social media and show him Monero. Ask him how the government might stop this hehehe.
"It's easy, all government needs to do is turn off internet connection" I reckon the politicians behind the government would have done anything or eliminate what they wanted if they knew how it can be done within the law. |
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@anshulinpc. What did you do? I was close to ask to try to start Aeon as an administrator. I thought it was not allowing you to write on your hard drive.
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@anshulinpc. Do not use the blockchain raw file. This was only necessary before the rebase because Aeon stored the data on the RAM while it was syncing.
Sync from the beginning or connect to a remote node.
@bigslimvdub. Do have a list of remote public nodes?
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I reckon someone should irritate Jim Rogers on social media and show him Monero. Ask him how the government might stop this hehehe. ISIS has begun accepting Monero for anonymous donations and has removed bitcoin. The infamous terrorist group has reportedly chucked Bitcoin in favor of its “privacy focused” cousin, Monero. According to Israeli blockchain analytics firm Whitestream, the syndicate has updated one of its onion address websites to indicate that it will now exclusively accept Monero for cryptocurrency donations. (Whitesteam is the same firm that told the New York Times last year that terrorist groups were increasingly turning to crypto for funding.)Source https://decrypt.co/33562/isis-shuns-bitcoin-privacy-coin-monero |
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Just wanted to give you an update. I am now able to sync the local node.. and it is connected to the network. Testing it with a receive transaction to see if it completes successfully. i initiated the transaction 30 mins back but still waiting for the coins to come in my wallet. is there any way to see the status? Thanks for your help! Hello, it is good to know that you have synced your wallet. In any case, you can refresh your wallet in the command line to see if your transaction has arrived. You should also verify with your exchange that it has sent your coins hehehe. ok, couple of things.. first my coins still have not arrived. and yes they were sent from the exchange. i keep getting below error on the aeon - There were 0 blocks in the last 90 minutes, there might be large hash rate changes, or we might be partitioned, cut off from the Aeon network or under attack. Or it could be just sheer bad luck. what does this mean? and status command gives me the following - i wonder why out and in connections are 0.. i feel i am still missing something. Height: 1146200/1146200 (100.0%) on mainnet, not mining, net hash 83.33 GH/s, v8 (forking now), 0(out)+0(in) connections, uptime 0d 2h 26m 29s Ok let us wait for smooth, stoffu or bigslimvdub to see your issue and reply. I can only help with basic information and knowledge. Status of your wallet appears to be good, however. |
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I speculate that he knows what defi is, however, similar to the ICOs, he does not want to acknowledge that defi as technically good projects. This might have embarrased the interviewer hehe.  American-Canadian entrepreneur and investor Chamath Palihapitiya has quickly become an outspoken Bitcoin bull.
While he was one of Silicon Valley’s first BTC bulls, buying a purported ~five percent of the then-circulating supply with partners in the early days, only recently has he become really outspoken for the space.
Palihapitiya doesn’t seem to be as excited about what’s going on with other cryptocurrencies though.
Blockchain journalist and podcaster Laura Shin recently had the prominent investor on to her “Unchained” podcast. When Shin asked if he has been “watching what is going on in DeFi,” the reply was “I don’t even know what that is".Read in full https://cryptoslate.com/not-mainstream-one-of-bitcoins-biggest-bulls-doesnt-even-know-what-ethereum-defi-is/ |
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I reckon that for a smarter trading ecosystem, all exchanges should create and have this feature available. However, Bitfinex already has printed and issued billions of play money hehehe. In response to customer demand, we're pleased to announce Paper Trading is now live on Bitfinex. This feature will be available on newly-created sub-accounts, helping users test strategies & trade Bitcoin in a simulated market environment without the need to deposit real funds.
Benefits include:
Simulated Bitcoin trading without the need to deposit
Create multiple paper trading accounts to test various trading strategies
Ability to share paper trading strategies and ideas within the Bitfinex Pulse community
Test balance available to all users for paper trading strategies
No risk to real account fundsSource https://www.bitfinex.com/posts/477 |
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