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7581  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON [2018-07-12: update to 0.12.5.0+] on: September 26, 2018, 01:26:14 AM
@AngryWhiteWolf. They are possibly testing the patch more rigorously before making deposits and withdrawals available again. Which is good because that would imply they are very careful.

Also, they might be working very closely with some Monero developers because some Monero wallets are also offline in many exchanges.

 
7582  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON [2018-07-12: update to 0.12.5.0+] on: September 25, 2018, 03:06:46 AM

Monero and, I am sure, Aeon have already fixed the bug. You should go to the other Cryptonote coins and the other Monero forks' developers, who some of them are very incompetent, and warn them.

If you are here to spread the FUD, then it is not working hehe.
7583  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: September 25, 2018, 02:53:10 AM
This might be one of the reasons why Daniel Ricciardo left Redbull hehehe. The team is marketing Max, not Daniel.



His position as the no. 1 driver is clearly threatened by Max, or he might not be treated as the no. 1 anymore. I reckon it is more possible that he is beginning to see that he is not being treated like the no. 1 driver anymore.
7584  Economy / Gambling discussion / Re: UFC 229: Khabib vs McGregor Prediction and Info Thread on: September 25, 2018, 02:35:13 AM
@btc_angela. Agreed. Also, when Khabib rushes forward he has his chin up, which Conor might catch cleanly with a left straight or a right leading uppercut.

Also, how can Khabib make Conor tired? Does he have the durability of Nate Diaz? Khabib is unproven versus the best of the best. Check his MMA record, who is the greatest fighter he has fought?
7585  Economy / Speculation / Re: Tether Has No Real Impact on Bitcoin price on: September 25, 2018, 02:26:12 AM
thanks for sharing this. the tether drama has been one of the biggest FUDs of last year and it has never made any sense at all, mainly because the whole theory had a lot of exceptions to it that defied the conclusion that it was trying to make.

But to summarize those articles, they illustrated that more USDT are issued during the times when the price of bitcoin was going down because there was more demand for USDT. To maintain the peg of 1 USDT - $1, more USDT have to be issued. That's a simple summary, but the articles also expain the use of arbitrage.
true. generally speaking new tether is issued whenever there is an increase in trading volume because there are more traders and since all of the altcoin exchanges have USDT pairs since they are avoiding fiat and the KYC that comes with it USDT is needed so that people can run away to it and/or use it to transfer funds between exchanges.

although one question rises here. we all know the market enters excited phases when there is a lot of volume (like end of 2017) but it exits them and enters slow mode with lower volume. what i wonder is how tether price remains up with a large volume in circulation but nowhere near the same demand?

Are you asking about how USDT maintains its peg in situations when there is high supply and low demand? Tether.to was a central authority on exchanging 1USDT to $1 and I reckon they still might be. I have not followed the whole story when they lost their banking partners.

In any case, if the peg is still there, maybe they found new banking partners. 
7586  Bitcoin / Press / Re: [2018-09-24] B Foundation’ Announced at Honey Badger 2018 Bitcoin Conference on: September 25, 2018, 02:16:29 AM
@gentlemand. But it can be worse than the previous attempt. They proclaim that the are not the leaders and that they are not the representatives of bitcoin. But look, they are beginning to act like the leaders of a cult.

Who made those rules and who said that they are holy? I reckon his cult members would say so hehehe.


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7589  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Electroneum (ETN) vs. Aeon (AEON) vs. Masari (MSR) on: September 24, 2018, 03:55:44 AM
Electroneum (ETN) vs. Aeon (AEON) vs. Masari (MSR)

Which coin is your favorite?


Electroneum (ETN)
https://bitcointalk.org/index.php?topic=2353282.0

Aeon (AEON)
https://bitcointalk.org/index.php?topic=641696.0

Masari (MSR)
https://bitcointalk.org/index.php?topic=2159114.0

Electroneum is a very reasonable and underestimated project. They just released the Beta version and as far as I know Apple mentioned that there will be no mining on their devices, but somehow they managed to do that. That's why they are going up on the calm market. They raised about $30m pretty quickly.

Other 2 cannot me currently very competitive with ETN, as there are kind of no volumes..

Electroneum have weak developers and the cryptocoin itself was a victim of a 51% mining attack which also displays their incompetence.

I would choose Masari over it. Their developers have shown humility and the eagerness to learn in developing a Cryptonote coin. But if made to choose between Aeon or Masari, I choose Aeon. It is the closest to Monero but lighter.
7590  Economy / Gambling discussion / Re: UFC 229: Khabib vs McGregor Prediction and Info Thread on: September 24, 2018, 03:28:18 AM
The king is back!

@Netnox. Conor was not behaving like a child. Behaving like that is part of his strategy to get in the head of his opponents. But the fighter that it did not work on was Nate.

In any case, it was Khabib who behaved like a child because he tried to answer back hehehe.

Also, Conor is a good sportsman in winning and losing. Watch his interviews behind the stage after his fights. They are very respectful of his opponents and very humble.
7591  Economy / Speculation / Re: Tether Has No Real Impact on Bitcoin price on: September 24, 2018, 03:10:06 AM
@LeGaulois. The FUD from those 2 economists have been exposed, I reckon hehehe.

Also, I wish I can find the articles with the explanations on why more USDT were issued. Everyone needs to read them because all the replies show that they do not understand why more USDT was issued.

But to summarize those articles, they illustrated that more USDT are issued during the times when the price of bitcoin was going down because there was more demand for USDT. To maintain the peg of 1 USDT - $1, more USDT have to be issued. That's a simple summary, but the articles also expain the use of arbitrage.
7592  Bitcoin / Press / [2018-09-24] B Foundation’ Announced at Honey Badger 2018 Bitcoin Conference on: September 24, 2018, 02:31:50 AM
What would the diffence of this bitcoin foundation be from the previous The Bitcoin Foundation? I reckon that this might be another mistake. This new foundation might have already said that they do not lead and represent bitcoin, but what are they there for? Is it not to market bitcoin, and to meet with institutions that are interested in using bitcoin? If those institutions see that the members of this new foundation are the people to talk to, doesn't that turn them into representatives?

How long would it take until the community would begin to look at them as the leaders?



Alex Vranova of Satoshi Labs and Trezor fame announced The B Foundation, a new body that will be focused on coordinating general bitcoin adoption and research developments, a la the model of ETH’s Ethereum Foundation.

In a transcript written up by LedgerX’s Bryan Bishop, Vranova made her case for why such a foundation could be fruitful adoption-wise, commenting:

“I have to say that centralized efforts are much more effective. If you have an Ethereum Foundation with a marketing department and promotions and creates beautiful sleek-looking material and produces materials, it’s much more effective in the short-term. I spent a great deal of time in the last year or year and a half visiting many blockchain events to see what’s really happening and what’s happening outside of our cute little bitcoin bubble that we like because it’s cozy.”


Read in full https://bitsonline.com/b-foundation-baltic-honey-badger/
7593  Economy / Speculation / Re: Tom Lee, from bitcoin bull to bitcoin bagholder on: September 22, 2018, 01:02:00 AM
@Slow death. Are those your final predictions? I will quote and highlight them, then let's revisit this thread on the end of December hehe.

When it came to Tom Lee, nothing negative would convince him from abandoning his end of the year prediction of bitcoin reaching $20k - $25k. A new high.

let's be honest, he failed in his prediction. There is no chance of the price reaching more than $ 15,000 this year

Whilst that prediction is definitely possible if we see some sort of major bullish outbreak near the end of the year

ETF was postponed, what else would cause a big price increase? I see nothing



Also, the ETF would not be the only cause of a big price increase. Bitcoin's volatility by itself caused by simple speculation and increased by sheep panic buying should not be underestimated.
7594  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [AEON] Aeon Speculation on: September 22, 2018, 12:47:24 AM
https://docs.google.com/spreadsheets/d/13AjSZJcYd5UoMCBRj3-9XliUhPUkagEjF_NzXsDmLgQ/edit#gid=0

Made by tyuvvdgzkp. AEON is getting really scarce.

We passed millionth block and under 3k AEON daily emission all this month. Two more reasons to be excited.

Scarcity by itself will not help in increasing Aeon's value, I reckon. We need it to be traded in more exchanges to make it easier for traders to provide liquidity, that will also make it easier for longterm holders to invest in the coin.

What happened to Bittrex? I heard the wallet is offline again. That is our only good liquidity provider hehehe.
7595  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: September 21, 2018, 02:05:26 AM
@slocker. I reckon that time during Michael Schumacher, Ferrari rebuilt their team then, from year 2000, had the engine advantage, the technical advantage, the financial advantage and the political advantage. Yes, formula 1 is full of politics that include proposing rules that would give a team the advantage for a whole season.

Also, they had Ross Brawn as their technical director.
7596  Economy / Speculation / Re: Tom Lee, from bitcoin bull to bitcoin bagholder on: September 21, 2018, 01:33:22 AM
@timerland. But $20k - $25k is only 3x - 4x away from bitcoin's price today and if you take its volatility during time of excitement into consideration, Tommy Lee's prediction might still be possible. If the bulls come back on middle of November, I speculate that it might still also be possible.
7597  Bitcoin / Press / Re: [2018-09-18]Against Fake Volume Allegation: OKEx Distributes $5M Trading Commiss on: September 21, 2018, 01:22:03 AM
Hmmm, this doesn't read like a sponsored press release at all! Wink

The proof is based on the fact that a share of commissions are given to OKB (OKEx platform token) holders. They claim $5M gets distributed, but how much of it is just distributed back to themselves? I don't see the token listed on Coinmarketcap, and I can't find anything about its distribution.

Further down in the press release:

Quote
The total available supply of OKB is 1 billion, some of which will be locked up with those programs meanwhile the value of OKB will be added. 60% of the circulation amount will be given to OKEx users for community building through marketing campaigns, which enables OKB holders to enjoy various privileges and the increasing profit for long term.

Sounds legit... Roll Eyes

Is that your first impression? Mine too hehehe. Certainly no one paid them to post that news and defend the exchange. Preposterous!

In any case, a real journalist would investigate why the fake volume in cryptocoin exchanges are being done. Is there are connection to money laundering similar to what Alexander Ginnick was doing in BTCe?
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7600  Bitcoin / Press / Re: [2018-09-18] China Central Bank Warns of Cryptocurrency, ICO Risks in Public Not on: September 20, 2018, 01:44:32 AM
Then why does the bitcoin news media still give significance to what China has to say about the cryptospace? Readers should ignore them.
It's not about China, India or Russia, but the sources of that news. ccn.com and other sites re-post or falsify a lot of stories to manipulate the price.
We all know that news plays a vital role in investors' emotions and therefore in their decisions, so investors often look for the press to see the direction of the market.
These sites publish news consistent with the direction of the market if it bumps, re-post positive news and vice versa.
There is also a distortion of some news, such as what happened to the rise of Bitcoin in Iran.

Agreed and there I said readers should ignore them.

The bitcoin news media might be running out of new material to report. They are resorting to FUD and clickbait to keep us entertained hehe.
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