@estenity. She is not with us anymore, I know. The other question was for everyone else. I know americanpegasus might be the owner of the old @aeoncurrency account, however, there is also an active @aeoncoin account on Twitter. Who is it?
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@gentlemand. What is the excitement?
It's the world of normal finance going bleedin' loopy in response to the world falling off a cliff. Money as we know it will be even more stunted and warped than it was before all of this kicked off. Who knows what tricks they'll pull out of their bag to keep the plates spinning. That's going to have an effect on BTC one way or another. Agreed. I reckon America's final trick would be to begin sailing some of their military warships in the South China Sea to begin something that might not be exciting news for anyone. It will keep the plates spinning, however hehehehe.
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@estenity. Who is that? He has 68 followers only hehe.
Who owns the account of @aeoncurrency on Twitter and who owns @aeoncoin which is more active? I think americanpegasus on the first one and bigslimvdub on the other one?
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@gentlemand. What is the excitement? Reopening of the world after the coronavirus? It might be another occassion for disappointment, I reckon.
In any case, the next source of excitement and hype on the cryptospace is the pump of Eth 2.0. It might be bigger than the halving hehehe.
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It appears there is something that behaves worse than an army of farmed accounts of altcoin clickbots on Twitter. Twitter accounts with real people behind them who are uneducated bitcoin maximalists hehehe. The learned maximalists voices are drowned by the stupid. JK Rowling probably wasn’t expecting to unleash the bitcoin community’s pent up passion and imagination when she tweeted two sentences asking about bitcoin.
But the author of the Harry Potter series did. Responding to a tweet from CoinDesk senior reporter Leigh Cuen, Rowling tweeted: “I don’t understand bitcoin. Please explain it to me.” In just two hours her tweet had spawned 1,300 replies.
It took less than three hours for her to follow up with, “I don’t think I trust this.”
Lurking below the Twitter surface is a massive community of people who tweet about almost nothing except bitcoin and cryptocurrency day in and day out, dying to use their niche know-how for the good of the world. Rowling accidentally tapped into it.
And Rowling herself seemed unimpressed by the explanations sent to her.
“People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don’t, though),” Rowling tweeted.Read in full https://www.coindesk.com/jk-rowling-asks-about-bitcoin-accursed-crypto-twitter-scares-her-off
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@stompix. Agreed. It might be better for the credibility of coinmarketcap.com to show the real raw volume together with the adjusted normalized volume similar to coingecko.com. I reckon Changpeng Zhao has shown a similar type of craftiness as his friend Justin Sun hehe. But the data provider hasn’t just changed its stance on using web traffic, it has also removed an indicator it created in July 2018 designed to provide more accurate data, and weed out wash trading.Source https://decrypt.co/28924/coinmarketcap-removes-evidence-of-wash-trading-on-binance
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Did Glover Texeira eat steroids? The Lionheart was picking his teeth and giving them to the referee. I am not joking hehe. Also, I speculate that Khabib might not fight according to his original plan on July or September. His father is in a coma. Media outlets in Russia are now reporting that Abdulmanap is in a coma. The outlets say that his condition is critical. Sport Express reported that Abdulmanap was taken to a hospital in Moscow via “special flight.”Source https://www.mmanews.com/report-khabib-nurmagomedovs-father-is-in-a-coma/
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It appears that Binance added a metric where they are the no.1 hehehe. In any case, whatever Chanpeng Zhao's real motivation behind it, it is clear that it will be the least reliable metric because faking it is easy. I reckon the farmed accounts of clickbots will be back for work hehehehe. CoinMarketCap updates exchange ranking system to include Web traffic
Crypto data aggregation site CoinMarketCap has unveiled a new change how it ranks exchanges, and now includes a metric of Web traffic as part of that calculation.
The change went live on Thursday after CMC announced the move in a May 13 blog post. "In most cases, with crypto being a retail-driven market, for an exchange to have high volumes, it needs to have a large number of retail traders (i.e. buyers and sellers). Instead of asking exchanges to submit their user numbers, a good intermediate proxy will be web traffic," the site's team wrote, adding:
"As such, we have designed the Web Traffic Factor in this iteration. It takes into account an extensive range of data points, including pageviews, unique visitor count, bounce rate, time-on-site, relative ranking and keyword searches on major search engines."a Source https://www.theblockcrypto.com/linked/65288/coinmarketcap-exchange-ranking-update-binance
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I can see that it might be a trojan horse by the banks. They are not entering the cryptospace to cooperate. The big banks want to run everything and become the final gatekeepers similar to what the SEC has also begun to do.
Or it could go the other way. In their attempts to 'control' Bitcoin, and I don't think they care enough but hey, the smoother the on and off ramps they enable are the more people cross over into crypto and don't come back. If people earn in it and there are enough places to spend it returning to fiat becomes a bit pointless. If I had something for sale now I'd much rather take BTC for it. I'd happily spend that BTC elsewhere if I could. Controlling banking now seems like an all powerful move. In retrospect it may look like a period where they helpfully provided a stepping stone to leap beyond them. Then it reverses and banking becomes something you occasionally need to dabble in for olde worlde transactions. I am sorry, however, that appears to be a utopian dream everyone had when we discovered the cryptospace hehe. The lenders and the controllers of the money have always ruled over everything. Also, it might be our doing because cryptocoins are mostly treated as speculative assets to convert back to fiat after holding for profit. JPMorgan thought that it might be profitable to do business with exchanges and maybe later own the exchanges hehehe.
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@Reid. It might be because the roadmap they had might have changed during the interview hehehe. It might only be bad timing hehe.
I am not defending Vitalik. I am only trying to be fair. However, yes his tweet telling everyone that he did not hear July made him appear dishonest.
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Many people need the money desperately, many however have kept their jobs, and will get a double boost of cash from tax returns + Stimulus check.
I think this will have a positive effect on the bitcoin price. Thoughts?
Sorry if this has been discussed before.
The bitcoin news media has everyone confused and celebrating on this unsustainable money printing labeled as a stimulus package. Satoshi Nakamoto created bitcoin with only 21 million coins and a fixed issuance schedule that no one can manipulate for this reason. Is this the type of stories they want us to hype instead of criticize? Bitcoin May Get Massive Boost as Democrats Propose $3 Trillion in Extra Stimulus
On Tuesday, the House Democrats revealed a proposal to send stimulus checks worth up to $6,000 per family to help the economy grapple with the COVID-19 outbreak, which has unemployed more than 30 million Americans due to lockdown restrictions.
This new stimulus proposal is part of a $3 trillion relief package being proposed by the Democrats.
All this stimulus, investors say, is boosting the intrinsic value of Bitcoin and other decentralized cryptocurrencies.Source https://www.newsbtc.com/2020/05/14/bitcoin-gets-massive-boost-democrats-propose-3-trillion-extra-stimulus/
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I can see that it might be a trojan horse by the banks. They are not entering the cryptospace to cooperate. The big banks want to run everything and become the final gatekeepers similar to what the SEC has also begun to do.
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As I speculated, their July release date is also delayed. Vitalik expressed his own estimate that a 3rd quarter release date might occur. However, it might be delayed again, I reckon. I predict that the Ethereum development team might be forced to launch a centralized Eth 2.0 beacon chain without staking that will function similar to IOTA's coordinator. During a Monday appearance at CoinDesk’s Consensus: Distributed, Buterin appeared to confirm a July launch date put forth in February by the lead researcher of the Eth. 2.0 project, Justin Drake.
CoinDesk chief content officer Michael J. Casey asked if the overhaul to the world's second-largest cryptocurrency by market cap was "really coming in July. Are we ready for it?"
"I think so, yeah," Buterin said, before rattling off milestones achieved so far.
Eth 2.0 testnet coordinator Afri Schoedon countered Buterin’s statements on Twitter. “The final spec is not implemented in any client and we didn’t launch a coordinated testnet yet,” he wrote, adding:
In response, Buterin tweeted, “Yeah I did not say July. Perhaps the question contained the word July but I did not hear July when it was asked.” He then sent a second tweet, saying, “OK I definitely should have heard July in the question, it was my mistake.”
When reached by CoinDesk on Tuesday, Buterin offered a full statement:
“I re-listened to the interview. The question indeed contained ‘July’, I don’t recall hearing ‘July’ so it sounds like it’s my fault for mishearing. Apologies for that,” Buterin said via email. “My actual stance is that eth2 is ‘on track’ in that there aren’t any unexpected bumps in the road, testnets are coming along, etc, but I defer to the client devs on timelines and if they are now saying ‘Q3’ more broadly then I believe them.”Source https://www.coindesk.com/vitalik-buterin-clarifies-remarks-on-expected-launch-date-of-eth-2-0
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@Lucius. The poor Asian farmer was only an example. On a world suffering from a real economic depression, I reckon a high percentage of 1 country's population would have lives similar to the poor Asian farmer. It might also be worse because the life of an urban poor will be harder.
In any case, wait for South Korea's economy to enter another financial crisis. It might be a good example. Their household debt is 92% of their GDP.
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Congratulations to the SEC of America. They have created a precedent to takedown the freedom and sovereignty to build outside of their jurisdiction. The SEC of America is becoming the unofficial gatekeepers of the cryptospace. Only the projects of their allies will be allowed. TON is officially dead.
"Today is a sad day for us here at Telegram. We are announcing the discontinuation of our blockchain project. Below is a summary of what it was and why we had to abandon it," he wrote.
"Sadly, the U.S. judge is right about one thing: We, the people outside the U.S., can vote for our presidents and elect our parliaments, but we are still dependent on the United States when it comes to finance and technology (luckily not coffee)," he wrote.
The dollar and its influence on the global financial system give the U.S. immense power, Durov said, adding that the country can also influence Apple and Google to remove apps from their respective app stores.
"So yes, it is true that other countries do not have full sovereignty over what to allow on their territory," he wrote.Read in full https://www.coindesk.com/telegram-abandons-ton-blockchain-project-after-court-fight-with-sec
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@leea-1334. Moneygram is dumps XRP immediately upon receipt. Read the news source.
@Branko. What would be my agenda? To annoy Ripple bagholders? I am only posting a comment based on the news that I have read and present an argument on why XRP might be more bearish than other altcoin. Also, in a released statement from Moneygram, the company said it is indeed dumping XRP. I pass your question to them. What is their agenda?
I reckon that you might be an investor in this. It should be you who should present an objective argument instead of hyping it.
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@Raja_MBZ. I also posted an article about Moneygram dumping all the XRP that are paid to them by the Ripple decelopment team because according to Moneygram, they might be chargeable under law on holding XRP. It appears that Ripple is continuing to pay them XRP to use their platform and Moneygram is also continuing to dump them hehe. Ripple has paid money services firm MoneyGram more incentives in the first quarter of 2020, amounting to a total of $16.6 million.
The publicly-traded remittance company revealed the figure in its Q1 financial results, published on Friday, saying that its total operating expenses include "Ripple market development fees of $16.6 million, partially offset by related transaction and trading expenses of $4.5 million."
Ripple pays MoneyGram incentives for using its RippleNet solution, and MoneyGram categorizes these payouts as a "contra expense rather than revenue" and as a "market development fee based on the volume of foreign exchange that we transact on Ripple's platform."Read in full https://www.theblockcrypto.com/post/63855/ripple-paid-16-6-million-in-xrp-incentives-to-moneygram-in-q1-2020While MoneyGram receives incentives in XRP, it does not hold the digital asset for long. "We sell XRP as soon as we receive it – we don't hold any XRP," a MoneyGram spokesperson told The Block earlier this year.Source https://www.theblockcrypto.com/daily/58860/we-sell-xrp-as-soon-as-we-receive-it-says-moneygram-on-ripple-incentive-payments
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Winners' reactions are nice in the thread of slot machines memes, however, losers reactions on a game of internet blackjack are the funniest hehehe. https://youtu.be/fKPTFUU9PfsHe lost $17.5k within 10 minutes.
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Singapore should be the best example of what the 2nd wave of the pandemic would look like. The country did a good job in containing the virus in the beginning, however, opened their country very early and they had no plan on how to fight it versus the 2nd wave.
I reckon the Las Vegas is being pressured by the powerful casino owners.
People are taking it lightly and they wanted to restart their business and keep it rolling and Singapore is a good example where they controlled in the beginning but when they started opened everything, the second wave is creating problems for them. The casino owners are powerful. The casino might be powerful but the pandemic happening now cant be stop through the power the casino had, the only thing that can stop it is we working together and doing every possible best to stop the virus not some people only care about make money while they ignore the possible cases that would rise. It good that U.S representative (Dina Titus) disagree with her. The powerful casino owners do not want to stop the pandemic, however hehehehe. They only want the mayor to declare a reopening of their casinos and risk the people to get sick of the corona virus hehe
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@Betwrong. It will considering that bitcoin is used substantially as a speculative investment by many than a type of currency for daily purchases. Observe how the price pumps and dumps on the exchanges.
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