@boomboombazooka. Yes I hope so. Aeon has been around longer than most other altcoins but the newer coins have 10x more value in marketcap only because they are marketing their coins well.

But if we look at Aeon, we have nothing. After the code rebase, it will be a Monero copy cat once again. I hope that will change as it develops.

If that's the only reason then everyone should expect the dump to occur anytime hehe. The Augur development team has been developing their prediction market platform for years now without any public releases. But they do have a closed beta.

I can see your point and I agree, we have a good developer. But Aeon's development is very behind, the code rebase will only make it a Monero copy cat and it does not have enough volume and liquidity in the exchanges.

As a counterargument, Ethereum had an ICO and some bullshit hype and pumping. Is it a shitcoin?

@1Referee. Not even if it serves Bill Gates and his friends' self interests? I reckon he and the other billionaire bitcoin haters have a hidden agenda that wants to kill bitcoin and subserve their own cryptocoin solution.

That news from South Korea might be another attempt to create FUD again. The cryptospace news media websites are very quick to publish that story about the Upbit executive embezzling money without knowing why the investigators were really there.

I reckon we would have to wait for the truth to come out in a few days.

@ZaoXhou. Agreed, that might be it. Also the bitcoin news media outlets also love to spread FUD based on anything they see that would sell.

Similar to the news about Ethereum last weekend. The bitcoin news sites said the SEC was going to make a decision on Ethereum's classification as a security. But the truth, it was nothing but a closed door discussion about blockchain technology.

The lack of discussion of these kinds of matters about the cryptospace is very revealing that the people who are new to the forum only care about ICO bounties, pump and dumps and fiat. What a very sad sight the forum has become.

In any case, I know I have my share of criticism on Ethereum's slight partiality on centralization. But if it must move forward and do a hard fork to proof of stake, then I reckon some amount of centralization will be needed to avoid another blockchain split. The critics should give them some space if they want to see it succeed.



The “it” was a recent meeting in Toronto, Canada of Ethereum players, promptly blasted by Catallaxy co-founder and Satoshi Portal CEO (Bylls) Francis Pouliot. He described the event as a “Secret meeting of Ethereum management committee,” in a Tweetstorm for the ages, continuing about how “blockchain governance rules were decided by the stakeholders.”

“This is insane,” Mr. Pouliot insisted. “They are establishing a plutocratic government. This has provably failed with Bitcoin (UASF/NO2X). Does anybody even care?” The evidence marshalled for the slam came from a lone news source, which described the event in worrying terms, according to Mr. Pouliot’s reading.

And it does appear discussions about decentralization, mining, scarcity, and the infamous cases of frozen funds were had in Toronto. However, the cryptosphere seemed unconvinced about a cabal, and took Mr. Pouliot to task. Principal Lane Rettig argued “The event was not secret, in fact we livestreamed a lot of it. We also did a public AMA. There is no ‘Ethereum management committee’ and no rules were made. Please get your facts right. Your message is intellectually dishonest.” Mr. Pouliot shot back paraphrasing attributed to Mr. Rettig, and the thread continued along those lines.

Read in full https://news.bitcoin.com/ethereum-founder-responds-to-charges-of-insane-plutocratic-governance/

Allow me to point out that Anderson Silva's fight versus Derek Brunson was a very close one, and the win was inclined towards Derek. But the judges scored it for Anderson to everyone's and also to his surprise.

I reckon Derek had him, but Dana White might have had comeback plans for Anderson during that time hehehe.

But he really is smarter than that. He is a tech guy, he knows what bitcoin is and its potential for financial disruption. He had a few interviews where said highly of bitcoin as our generation's tour de force.

But again, he is also a very close, personal friend of Warren Buffet hehehe. Maybe Warren's influence caused the change of heart.

Before anyone accuses me of spreading doom again as someone told me hehehe, this thread is for the sake of speculation and discussion only. Please humor me.

In any case, I was under the impression that the Mt. Gox trustee was given a court order not to touch those coins. I do not know what really happened, but the timing of the transaction and the market dump hours later is very conspicuous.  



The transactions from the Mt. Gox cold wallets occurred in the early hours of the morning in Europe and 11 pm EST in the US. The transactions were sent to the address 1LncfoCX1yzuiW3hzejarvgZ1WahnAQ4o4 and totaled 8,214.97084 BTC, which is worth around $76.7 Million at press time.

The original movement Mt. Gox funds are thought to have kicked off the bear market starting in January of this year. But this time it’s different; institutions are coming to the crypto markets, and how these markets will react to this new movement of funds remains to be seen.

Read more https://blokt.com/news/mt-gox-cold-wallet-moves-8200-btc-will-bitcoin-dump

I reckon the critics might have the situation overblown. Ethereum did not have a secret meeting, it was streamed online but it was invite only.

Also the plans for governance should also be seen from their side, not only from the critics' side. Ethereum will go through the most important hard fork of its life. Some centralization should be needed to make sure a split does not happen again.

The critics should also not call for decentralization for decentralization's sake.



A gathering of Ethereum experts happened in Toronto, Canada, with a view to finding a centralized solution to some of the network’s scaling problems. And while this event may be too esoteric for most ETH investors, the community may see worrying signs of the Ethereum ecosystem becoming centralized, and in the hands of a few developers, much like the Bitcoin governance.

With a market capitalization of more than 76 billion, Ethereum is a high-stakes network with a valuable digital asset - and it is unknown if the wider community can continue to steer the project, without some centralized decisions.

Ethereum is facing an evolution into a proof of stake coin, and many decisions are still pending. But what may threaten Ethereum are potential corporate interests getting injected into the governance process.

But some see a paradox, in the fact that Buterin is still acting, at least in part, as an idea leader to the project. One recent point of contention was the desire of the community to achieve ASIC resistance of Ethereum via a hard fork. However, Buterin spoke against such actions, and the Ethereum network is about to see the inflow of Bitmain’s new machines coming to the market soon.

Read more https://cryptovest.com/news/ethereum-tzars-the-network-faces-governance-issues/

Yes. The DAO debacle was a good lesson where everyone learned about hard forks, cryptocoin governance and the community. I reckon the Ethereum Foundation will not be making the same mistake twice hehehe.

@Hamphser. The SEC is open to more discussions about blockchain technology and the cryptospace in general, and some of their congressmen were also open to discussing on how to create loose laws around it instead of a strict regulatory sand box.

Yes good news. Very unlike of what occured in China.

If your country is banned but the people from there are allowed by Nitrogensports to access their website with a VPN, then would it not be contrary to the ban?

Also it is the cheaters who use VPNs. I reckon it would be better to ban VPNs, proxies and others. There should only be one IP for one user allowed to access a gambling site. That should be a special rule.

@slaman29. That is a very easy prediction to make. Last year during Consensus 2018, bitcoin went up, and some of the other cryptocoins were pumped by 10x or more. That analyst might be hoping the same will happen during this year's Consensus hehehe.

I reckon it will not pump as crazy as it did last year.

Does that mean they will give Ethereum and ICOs safe harbor in America hehehe.

I reckon they have no choice but to accept decentralized blockchain based cryptocoin ICO projects and platforms, because if they categorize them as illegal securites then they will have a bigger problem in trying to enforce the law. It will also show that they have no control over their financial system.

They would not want that.

FUD and that analyst may be planning to make everyone discouraged on bitcoin and may also start shilling about other altcoins that his investor friends may have been speculating in. Expect it by the end of 2018.

@snapee11. Agreed. Also the funny part is these discussions with the American government are really an opportunity for the cryptospace representatives to shill blockchain hehehe.

It appears that the day the SEC was to decide on how to categorize ETH was FUD made by the media to get more hits on their sites. There were discussions made but it was not to make a decision on the future of ETH's legality. It was to discuss about the different technological developments in the cryptospace.



Markets trembled this weekend amid rumors of a regulatory crackdown on Ethereum, which may, or may not, be labeled an unregistered security.  After two days of tense sell-offs and plummeting prices, investors woke up on Monday morning to learn that the US government had decided….nothing. The ticking time bomb was a dud.

There were no signs of a ruling or a hearing from either the SEC or CFTC on Monday morning, nor were any meetings planned relating to cryptocurrencies at either agency. Reports of an imminent crackdown were traced back to one line in the Wall Street Journal a week earlier, which reported that senior figures in the two agencies might meet to “discuss the matter.”

Based on Paul Vigna’s off-the-cuff comment in a WSJ article, various crypto media outlets began reporting that decisions were imminent, Ethereum was on the block, Ripple might be too! The FUD spread. Crypto ‘insiders’ were fed Telegram tips suggesting that a ‘friend of a friend’ was in a meeting with the Feds, and knew that Ethereum was going to be declared a security. The FUD spread further.

Read the full article https://cryptobriefing.com/ethereum-plummets-nothing-happens/
 

@BTCwin1. Yes that is what they are delibirating about. The closed door discussion between the SEC and the people from the cryptospace did not come to any decision on how to categorize ETH.

I reckon the SEC fears that, if they say that it's an illegal security, but  cannot stop Ethereum because it is decentralized, then it would show that the American government has no control over their financial system anymore.

It might take years before they can make a decision on how to categorize the cryptospace.