While many analysts and experts expect the inevitable explosive growth of cryptocurrencies, at least one person stands alone and does not rule out that the price of bitcoin will continue to decline. In his latest forecast CEO BitMEX Arthur Hayes mentions the mark of $ 2000-it is to this level, he suggests, may fall the first cryptocurrency.

This forecast was announced by the head of the popular derivatives exchange on Friday, November 2, in the next issue of the crypto trader Digest

Earlier this week, Hayes said that bearish sentiment in the market could last for another year and a half.
Specific price framework in the forecast, he did not name, but in the subsequent letter to the investor, the head of BitMEX already calls the direct numbers.

According to him, while studying charts traders often consider the beginning of the bearish market the moment when the asset falls below the cyclic peak, a more preferable strategy is to start counting from the moment when the bitcoin price falls below the 200-day moving average (DMA).

Based on this methodology, bitcoin entered bearish territory on March 12, when its price was $9152.

Since then, falling below the level of 200 DMA, bitcoin has lost only 37% in value. However, taking into account the previous performance of the first cryptocurrency, when it fell significantly lower, Hayes believes that before the end of the bearish cycle is still very far – according to him, before the initiative goes to the bulls, the price of the cryptocurrency could potentially drop to $2000.

"How deep can we go? A 75% drop from $9152 will bring us to $2000. So the range between $2000 – $3000 is my new active point. Just do not tell Michelle Lee," wrote Arthur Hayes, referring in the last sentence to the leading CNBC, which took him a recent interview.

As other reasons supporting his forecast, the head of BitMEX called the current low volatility of bitcoin.

"Contrary to popular belief, bitcoin needs volatility if it wants to gain widespread acceptance. The price of bitcoin is the best and most transparent way to determine the health of an ecosystem. It [volatility] shows the world that something is happening-whether it's good or bad," says Hayes.

Therefore, he argues, if volatility remains at the current low levels, the price will gradually decline.

According to him, the best thing that traders can do is to try to predict when the bottom will really be, however, as Hayes somewhat sarcastically remarks, they probably will not have the courage for serious actions at this point.

"You will know when the bottom has come. But, most likely, you will be too afraid to press this terrible button "to Buy", — Hayes added.

In the coming months, users of the cryptocurrency exchange International Distributed Ethereum Exchange (IDEX) will have to undergo forced account verification to comply with AML requirements and sanctions restrictions. This was stated by the Creator of the platform Aurora DAO.

According to him, IDEX will use a multi-step verification system: to work with small amounts of funds, traders need to provide basic information, and for operations with large amounts will have to go through a more complex procedure.

As a reason for the establishment of mandatory KYC procedures, Aurora DAO referred to the statement of Brian Quintens, a member of the commodity futures trading Commission (CFTC), that developers can be held liable for illegal operations carried out by third parties using smart contracts written by them.

"That is, the use of smart contracts will also fall under the requirements of user identification and anti — money laundering (KYC/AML)," he said.

Previously, IDEX contrasted these procedures with its decentralized status, but now the developers admit that they are not DEX in the usual sense of the word.

"The site can best be described as a' non-custodial ' or 'hybrid — decentralized' exchange," they explain.

However, representatives of Aurora DAO stressed that today none of the sites does not meet the criterion of" full decentralization", but the departure from the control of the authorities is fraught with inconvenience for users and will lead to a significant slowdown of the site.

It also became known that due to the tightening of regulation of the cryptocurrency sphere, the IDEX exchange will have to start blocking users from Syria, Crimea, Washington and Cuba.

Since October 25, IDEX has limited functionality for traders from the state of new York, forbidding them to place orders on the exchange. Against the background of this news, the rate of Aurora DAO AURA's own token showed a 20% decrease

The Hogl Hogl P2P exchange in partnership with licensed European broker Tenbagger has announced the launch of a platform for over-the-counter bitcoin trading. The main feature of the new site is the ability to carry out operations with large volumes through non – custodial escrow addresses with multi-signature.

OTC-platform Hold Hold will operate independently of the existing p2p-platform for buying and selling BTC and LTC.

The message of the exchange says that its functions are to match the parties and support transactions, the calculation of which will be carried out on the same day.

Also, representatives of the platform say that although the market for over-the-counter bitcoin trading is quite active, none of the existing services offers non-custodial escrow addresses with multi-signature, designed to eliminate the risk of loss of funds.

In the case of a new site, each new transaction will be assigned a unique address of this type.

well, don't say a ban is a ban and regulation is an introduction to the legal framework of the state. So better regulation than prohibition.

The world's largest investment firm, BlackRock, will not offer its clients an exchange-traded cryptocurrency Fund (ETF) until it sees the industry is Mature enough. Such a statement on Thursday, November 1, made CEO Larry Fink at the New York Times Dealbook Conference, writes CNBC.

When asked if BlackRock is considering launching a bitcoin ETF, Larry Fink replied:

"I'm not going to say never. When it [the industry] becomes legitimate, Yes."

As you know, the us exchange and securities Commission (SEC) still has doubts about bitcoin-ETF, and has not made a positive decision on any of the many applications. Among its concerns, the Commission calls insufficient protection of investors and the possibility of market manipulation.

"The support of the government is absolutely necessary. But no government will allow it until it knows that this money is not used to evade taxes and other similar things," said Larry Fink.

Many people mistakenly call bitcoin anonymous, and the head of BlackRock was also among them, calling this property attributed to the cryptocurrency one of the risk factors.

"We can start trading for the currency, which is a means of preserving values, in one day. But at the moment the world does not need a means of preserving values, unless you keep these values in order to do what is impossible," he added.

At the same time, Larry Fink once again said that BlackRock believes in the potential of blockchain technology, which can be used in a number of products, which are currently still managed by paper documents. As an example, he cited the mortgage loans and other mortgage loans.

Recall that in July, Larry Fink said that BlackRock customers are not interested in investing in cryptocurrencies, because they are not interested in them as an asset class. This, however, did not prevent the company, which manages assets of $6.4 trillion, to create a team of experts, which was tasked to analyze information about cryptocurrencies and blockchain, and then find out whether the company should invest in bitcoin futures.

This is also true, many banks launder money, but it is better to regulate and introduce into the sphere of everyday use than to prohibit

Management of financial services New York city (NYC) has issued the 12th on account of the license to conduct activity on the territory of the state (Regulations).
Its owner was the Texas-based company Consource, according to CoinDesk.

Consource is the operator of bitcoin ATMs and already has 40 terminals in new York, having worked until today on the terms of a preliminary license.

General counsel Coinsource Arnold Spencer noted that this is the first case of the issuance of the Regulations, the operator of bitcoin ATMs, adding that it receive evidence of the correctness of the business model of the company and compliance with all regulatory requirements.

"It was a long and meticulous process. We first applied in 2015, and since then, NYDFS has studied our activities very carefully, forcing us to explain and, in some cases, improve our policies and procedures," he said.

During this time, Coinsource has gone from a company with three employees and several ATMs to more than 20 employees and over 200 machines.
They were also subjected to a full audit of the company's accounts.

The company notes the fast operation of its ATMs due to the system of its own development for user verification.

Currently, Coinsource customers can only buy and sell bitcoins, but cannot send them to other addresses.
However, having the license of the money transfer operator in 18 States, the company hopes that next year will receive similar licenses in all other States.

"By that time, we will be able to offer users the opportunity to upload cash to ATMs and transfer bitcoins to third — party wallets," the company representative said.

Coinsource plans to enter the markets of Japan, South Africa and Puerto Rico, and the latter is likely to be the first, as the company also has a license for money transfers there.
In addition, it is planned to expand to South American countries and add support for other cryptocurrencies.

Recall that in September, the analytical firm MarketsandMarkets published the results of a study of the market of crypto-currency ATMs.
According to researchers, the average market growth will be 54.7% annually and by 2023 will reach $144.5 million.

Many countries are trying to come up with rules that will regulate the crypt, in my opinion in the end they will succeed, and they do it for the most part in order to prevent the sponsorship of terrorism in the first place as we all know about it Yes, money laundering and much more.

The Hong Kong securities and futures Commission (SFC) has published rules for cryptocurrency funds. The regulator also said it may control trading platforms, Bloomberg reports.

According to the new requirements, Fund managers, whose portfolio contains more than 10% of assets in cryptocurrency, must obtain a license from SFC.

Crypto platforms that serve only professional investors can join the experimental "sandbox". In it, companies will be able to conduct experiments in the field of anti-money laundering on their sites to prove to the regulator their competence in this matter.

It is noted that the company has the right to apply for a license, if successfully tested in the "sandbox".

"The digital asset market is still very young, and trading rules are not always transparent and fair. Manipulation and abuse are frequent phenomena in the market. There are also cases of outright fraud," explained the need to regulate the head of SFC Ashley alder.

In addition, the new rules prohibit industry participants from providing clients with any financial incentives or offering them to trade cryptocurrency futures or derivatives.

"If you look realistically, there are two ways: regulation or prohibition. It is good that Hong Kong has chosen regulation," Ursula McCormack, a partner of the law firm King & Wood Mallesons, said.

Recall that the SFC is preparing rules for the regulation of cryptocurrency business in the country, it became known in October.

Asked me how to put his hands on the node is not using the script here and decided to write a small manual can be someone to climb, who as well as I do not like to put scripts, and does everything with his own hands.

1. put the necessary packages apt update, apt list --upgradable, apt-get install -y wget curl ufw binutils
2. ufw allow ssh
    ufw allow 39797
    ufw enable
    ufw status verbose
3. create a user under which we will have to work I do not like that something worked as root adduser your user
4. download the wget wallet https://github.com/lpcproject/LightPayCoin/releases/download/v1.0.0.1/lightpaycoin-1.0.0-x86_64-linux-gnu.tar.gz
5. unpack tar -xvzf lightpaycoin-1.0.0-x86_64-linux-gnu.tar.gz
6. Open the LightPayCoin Coin Desktop Wallet.
7. Go to RECEIVE and create a New Address: MN1
8. Send 1000 LightPayCoin to MN1.
9. Wait for 15 confirmations.
10. Go to Tools -> "Debug console - Console"
11. Type the following command: masternode genkey, masternode outputs
12. the configuration file lightpaycoin.conf should be configured like this
rpcuser=user
rpcpassword=password
rpcallowip=127.0.0.1
listen=1
server=1
daemon=1
port=39797
logintimestamps=1
maxconnections=64
masternode=1
externalip=your ip:39797
masternodeprivkey=your privkey
13. the configuration file masternode.conf should be configured like this MN1 ip:39797 your privkey  TxHash Output_index
14. Open Debug Console and type: startmasternode "alias" "0" "MN1"

Usage:
lightpaycoin-cli getinfo
lightpaycoin-cli mnsync status
lightpaycoin-cli masternode status

Initially, Yes, everything was fine, but to lose over the last month in the cost of 500% of the price is just awful. And this suggests that Virgo is just not engaged in the development of LPC.

I do think that they shouldn't have started the second project since they don't have enough time in which the main LPC/

So why so much to sell, I certainly understand that they want to go out, but why so dump the price, so many coins on the stock exchange does not do anything good, for a week more than 200 nodes where it is good

Yes, it's one team

Judging by the daily declining price, we can safely say that the coin lose hope and begin to sell it for a penny at least to get.
Like many projects, the problem is in the real sector of application.
And while it is not, or else there will be positive news about how the development and so on., the higher the price we will not see, I can offer that the price will go even lower.

nunoclix, why do you post daily the course, I think every one of his tracks himself whom he cares.
And by and large Sasha posts is the most common spam and stuffing posts.
That's if you wrote about the progress of the project it would be much more relevant, but you are such information is unlikely to own.

New exchange is certainly good, but the price is lower and lower, and about ATMs that the silence would like to know how the project is going in this direction.
And then from the developers do not hear news in this direction

Yes, it's probably an oversight and not changed the link to the new thread.
Write Discord to changed.

We are glad to welcome our marketing/community manager @FrenchRandomGuy. He will help motivating the community and executing marketing plans for SnodeCoin and Snode.co projects. FrenchRandomGuy has been successful in many projects: BlockNode, Cato, GCash, etc.,  We believe with his skills, FrenchRandomGuy will bring Snode to more users and investors.

In addition to that, @chachavp from Snode core team will take the role of moderator for the Discord community.  If you can't reach out @SnodeCoinDev or @snode.co , just let Chacha know, she will pass the message. And don't piss her off if you don't want to be banned from the channels

Let's join us to welcome FrenchRandomGuy and Chacha

If you need more information please visit our Discord channel https://discord.gg/bqeTdBv

This coin is not designed for anything, and has repeatedly talked about it, and the developers do not even think about it.

I really suffer from garbage, why are you again going to do a rebranding and even to the old name you generally want to head ?
You better start already to develop the project if you need one.
People who are still holders of your coins for almost a year do not see anything except your promises.