[Top 10 Gainers Among Tokens Last 24 Hours - 1st Jan, 2024]

Top 10 Gainers Among Tokens Last 24 Hours - 1st Jan, 2024
Excluded tokens with trading volume 24h < $10M

1. Keep3rV1 - Keep3r Network is a decentralized keeper network for projects that need external devops and for external teams to find keeper jobs.

2. Alchemix - Alchemix token is the governance token for the Alchemix protocol.

3. Prosper - Prosper is a non-custodial cross-chain prediction market and hedging platform.

4. Perpetual Protocol - Perpetual Protocol is a decentralized perpetual contract protocol for every asset, made possible by a Virtual Automated Market Maker.

5. 1inch - 1inch is a decentralized exchange aggregator and liquidity protocol to help users discover the best trade prices for tokens.

6. MetisDAO - Metis is a Layer2 infrastructure to backbone the running of the Web 3.0 economy.

7. Wing Finance - Wing is a credit-based, cross-chain DeFi lending platform.

8. Sei - Sei Network is an L1 blockchain with a built-in on-chain orderbook that allows smart contracts access to shared liquidity.

9. The Graph - The Graph is a protocol for building decentralized applications quickly on Ethereum and IPFS using GraphQL.

10. BakerySwap - BakerySwap is an AMM Dex on the Binance Smart Chain.

All the information comes from Cryptorank.io . When you view this picture, the prices may have changed, so please make sure to check the current prices before clicking on the BUY button.

[Recent Private Fundraising Activities Among Blockchain Startups]

Hi, i want to create a topic talk about "Recent Private Fundraising Activities Among Blockchain Startups".

So, Which category should I create a topic? Altcoin Discussion ?

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[GoldenDog is a community-driven, fair-launched DeFi project built on BSC Chain. Three functions occur during each trade: Reflection, LP Acquisition, and Burn. Also build with anti rug pulls, whales dump and a new way to earn BNB by just holding GDOG token.!]

GoldenDog is a community-driven, fair-launched DeFi project built on BSC Chain. Three functions occur during each trade: Reflection, LP Acquisition, and Burn. Also build with anti rug pulls, whales dump and a new way to earn BNB by just holding GDOG token.!

-  WEBSITE   -  TELEGRAM   -  TWITTER   -  DAPP   -  REDDIT   -  MEDIUM   -

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Have a nice April Fool's Day my bull friends 

In another thread the issue of bitcoin insurance has popped up.

Apparently Coinbase and Circle say that their exchanges are "insured". What does that mean? How does that work?

Bitcoin payments are irreversible and unless the receiver sends the funds back, there is simply no way to get any amount of coins back.
Let's say I deposit a big quantity of BTCs on Coinbase or Circle. Let's say I pretend to get hacked and I "steal the BTCs from myself" using another computer or the help of a friend who is gonna pretend that he hacked me or whatever.
There is no way in hell that they can know if I'm being hacked or pretending.

Is Coinbase or Circle gonna give me free money if that happens? I highly doubt. How does that work? How can they know I have been hacked for real or I'm just trying to fuck with them, considering BTC payments are irreversible?


How the hell are Coinbase and Circle claiming that they are "insured"?

I haven't really found more informations on their site.

-Vault of Satoshi
-MyCoin
-BTER
-Exco.in
-HitBTC
-Netagio
-CAVirtex
-Kipcoin

Bitstamp hacked last month. Huobi downtimes. OKCoin CTO quits.


What the hell is happening with BTC exchanges lately?

[It's still to be confirmed if this is all true]

During the Silk Road Trial taking place right now, looks like evidence is being shown that Ross Ulbricht, accused of being "Dread Pirate Roberts" (DPR), the mastermind behind Silk Road 1.0, ordered Hell's Angels (a group of bikers) to kill a vendor on the Silk Road:


https://twitter.com/sarahjeong/status/562316617103998979

Sarah Jeong is a journalist who is posting real-time updates on the Silk Road trial directly from court.


She writes:

DPR pm commissioning the hit is very polite. "I would like to put a bounty on his head if it's not too much trouble for you." #SilkRoadTrial

DPR pays Hells Angels $500k for tony76/nipplesuckcanuck and roommates. #SilkRoadTrial

Hell's Angels then takes $250k loss bc of Bitcoin price fluctuations. #SilkRoadTrial


It's still to be confirmed if this is all true, but, I just thought I posted this insane news.

http://www.coindesk.com/researcher-suggests-isis-fundraising-bitcoin/



looks like ISIS is fundraising with bitcoin, and for some fine gentlemen this is actually good news™

https://bitcointalk.org/index.php?topic=856931.0

[Conclusions:]

If we take bid sum (the quantity of USD on the orderbooks waiting to buy BTC), ask sum (the amount of BTC on the orderbooks waiting to be sold), and bid/ask ratio in exchanges as an indicator of money sitting in exchanges, we can have an idea of the demand for BTC around the world.
Sure the two (bid sum and actual money sitting on exchanges) are not necessarily the same thing, but history shows that they can reliably predict uptrends.



Let's start with Chinese exchanges Huobi and BTC CHINA (since chinese exchanges move the market more than any other exchanges who just blindly follows them most of the time).


Huobi





The picture speaks for itself, bid sum decreases over time.




There something particularly interesting to note though.
Look at the decline that we have had that bottomed out at $275. Price was going down but the bid sum was slowly increasing.






Chinese buyers were waiting for that target and in fact we saw a short term recovery that lasted quite a while with a ridiculous bulltrap that topped at $475 before resuming the crash.
The same is NOT happening right now.
Sure price is pumping right now. But could just be a bounce pump after a flash crash, classic stuff, exactly like we had all year.
No new fiat money to support a healthy and prolonged uptrend.

BTC CHINA:








BTC CHINA shows a clear constant decline of demand.

The exchange is not really being abandoned, because there is a lot of coins to be dumped, but not fiat coming in.






Bitfinex doesn't show any particular difference over time, that is probably because of the fact that it is used mostly for margin trading and because of the maker-taker system. Still, we are not gonna observe any increase in demand here obviously.





BTC-E shows the same picture of BTCCHINA, demand slowly drying up but the exchange has lots of coins to be dumped.











Now Bitstamp. As you can see, the decline in bid sum is clear, but wait. What is that sudden increase we can see lately?




The bid/ask ratio has gone up, but that doesn't necessarily mean that the bid sum has gone up... Let's see more precisely what happened there.





As you can see, the bid/ask ratio has gone up, but the bid sum has stayed the same, no new money.
What happened is that the ask side has dried up right after the Bitstamp HACK.
My guess is that, because is a lot easier and quicker to withdraw BTC than it is to withdraw fiat, a lot of people have simply decided to GTFO of bitstamp after the hack.
Still, no new money, demand is not increasing.





Conclusions:

If we take bid sum and bid/ask ratio as indicators of new money flowing in exchanges, we can see that demand has been slowly and gradually decreasing in all exchanges since the peak of the bubble. Some exchanges show signs of 0 new money coming in but plenty of coins on sale on the orderbooks.

A healthy and sustainable uptrend needs constant fiat money being poured in exchanges, as we have seen with the previous bubbles.
Without real demand, any uptrend will be short lived. Price will not magically go up to $500-$1000 or in a new bubble as most are dreaming here.

I see  a lot of people in here getting excited about VC money being poured in the bitcoin space (like the NSYE news) and taking it as some guarantee that the bitcoin's price is gonna go to the moon because of that.

Wrong.

First of all, some of them are investing in bitcoin exchanges, not in bitcoin itself. BTC price could crash to $10 and exchanges would do fine. Bitcoin "investors"? not so much.

Secondly, some of the VC guys investing in this space don't know what they are doing or what they are really getting into.
Now permabulls will probably shout at me something like:
-"you troll! We are talking about Citi CEO and NSYE! Do you think you know more than them of what's going on? Hahaha"

K.


Let's take a few examples shall we?

Tim Draper. Big VC guy, billionaire. He bought BTC in the millions at $500-600. Then he posted on twitter stuff like: "if I was Russian I would buy bitcoin right now". Right before the ridiculous BTC crash.

Does it look like he knows what he's doing?
No.

What about Bill Miller? I have enormous respect for the guy, but he bought BTC at $500. Let's be honest, he screwed up big time.

What about Barry Silbert and his fund investors who can't liquidate their holdings from the fund and they are stuck with their bags?
Did he fuck up? You tell me.

Those guys are now public Bitcoin BAGHOLDERS. We are not talking about small percentages. They lost millions.

Oh, and they invested on bitcoin directly, unlike others who invested in exchanges, who are not technically dependent on the bitcoin price to rise...


You still think you should take VC money as a guarantee that nothing can go wrong (it can easily fail by definition FFS)?  Or even better, as a guarantee that any VC money in exchanges is gonna make bitcoin's price go to the moon even if the two are not directly related?


There was a lot of VC money during the dotcom bubble too. Just sayin'.

https://twitter.com/DoctorBitcoin/status/557526205709037568


The post was deleted on reddit but this guy saved it.



As always gentlemen, this is actually good news™

So bitcoin’s price is going down, but I am arguing this is actually good for bitcoin.




Bitcoin is a slow, non scalable currency under ridiculous inflation that requires enormous amounts on energy to be wasted in order to keep a ledger going (that can be done in other ways).


This is actually good for bitcoin.


7 transactions per second. Clearly a sign that we are about to take over the global economy.
Scalability problems? Not a big deal. We can do a hard fork, even though it causes some lunatics gentlemen to declare wars against lead developers (http://trilema.com/2015/if-you-go-on-a-bitcoin-fork-irrespective-which-scammer-proposes-it-you-will-lose-your-bitcoins/) having to cause “risks” (said Gavin) and blockchain bloat.

But hey. This strong consensus on how to solve problems in bitcoin is actually good news.


Bitcoin has no chargebacks and no fees.
Who needs consumer protection right? Scammin’ with BTC is very easy, but paranoia freedom above everything even if the ones losing the money is us.
Fees? Now fees are decently low, but as block reward approaches zero fees will need to be raised. We are dependent on the miners to keep the network up (even if other distributed ledger technologies don’t need that).

I am arguing this is actually good for bitcoin.

Speaking of miners, in bitcoin everything is decentralized, except for the very thing that keeps the network running and transactions to be validated. Mining centralization is a big problem that undermines the decentralization narratives of BTC  great.
In June GHASH.IO owned 51% of the hashing power, but hey! They literally said “TRUST US, we would never attack the network”! (http://www.coindesk.com/ghash-io-never-launch-51-attack/)
After all, isn’t it great to be able to avoid having to trust anybody in a TRUSTLESS peer-to-peer currency?

Now hashrate is a little bit better distributed, but mining pools can form mining cartels and some pools can perfectly be owned by the same entities, and since the whole mining system invites centralization, there is no guarantee that the tendency long term won't be mining pools owning more and more of the hashing network.






It’s obvious that the mining industry has a bright future, considering a lot of miners are severly underwater with current depressed prices (http://www.cryptoarticles.com/crypto-news/cexio-we-need-a-bitcoin-value-of-us320-at-current-difficulty-to-make-cloud-mining-profitable).




Ladies and gentlemen, this is actually good news for bitcoin.






The price has been on a downtrend for a year, having halved already three times since its all time high. Currently at around 70-80% from the ATH after a whole year of bear market, the longest in the history of bitcoin yet.
There is evidence that in the two previous bubbles the Mtgox bots Willy and markus played a central role.

But no worries, this is all good stuff for bitcoin.


We broke the previous bubble high ($260) that now seems like a target for the moon (while supporters cheer and scream “CCMF” for $200-$240 coins).
We have broken a long term trend line after 1 year of bear market close to price levels not seen for more than a year.

My friends, cheap coins. This is clearly amazing news for bitcoin.





The future looks bright. The winklevoss ETF is taking forever. The more times passes, the less likely the ETF will be approved (“The longer it sits in registration, the less likely it is to launch” (http://www.bloomberg.com/news/2014-12-22/bond-kings-bitcoin-and-china-exchange-traded-funds-to-watch-for-in-2015.html)), but good things take time right? Even if the coins in the ETF will not be insured in case they get stolen or lost (http://insidebitcoins.com/news/the-surprising-and-blatantly-obvious-risk-of-the-winklevoss-bitcoin-etf/28489)

What about Second Market investment trust fund? It looks like currently, fund investors can’t liquidate holdings. Basically they are stuck bagholding watching the price slowly fall while Barry Silbert is having fun (https://twitter.com/barrysilbert/status/551533923663355904) and predicting the price drops to stop just before the next big crash (https://twitter.com/barrysilbert/status/555137108126756865).

How can this not be excellent news for the future of bitcoin?



You can tell that bitcoin is the future because all enthusiasts talk about is how many DOLLARS they are gonna get when they dump their coins the amazing returns that are gonna come with this disruptive technology for them while sitting on their asses  helping make the world a better place.


The quantity of venture capital investments is only less than a billion worth massive, and historic examples like the dotcom bubble clearly shows that when early risky venture capital investments are involved, nothing can go wrong.
Bitcoin adoption cannot be stopped, all merchants of the world will soon be accepting USD from a bitcoin dump through Bitpay while bitcoin whales who already own bitcoins get free towels at Overstock.com bitcoin and everyone will be using it for the reliable and stable store of value it is.

The world of bitcoin is so filled with amazing news and sentiment that lead developers and gurus like Andreas Antonopolous and Gavin Andresen are declaring bitcoin “dead as a get rich quick scheme” (https://twitter.com/aantonop/status/555382361676734465) and selling coin holdings in order to buy stocks (http://www.ft.com/intl/cms/s/0/9b27fb72-967f-11e4-922f-00144feabdc0.html), respectively.




I have no idea why not everybody in the bitcoin world would be less than enthusiastic about the future of this amazing bubble technology.



All this is actually good news.

My thread was just a fun and original way to prove a point  

I haven't insulted anybody, why was my thread deleted?

https://www.youtube.com/watch?v=CXrD4rAHZyE




Trader dave buys a stock thinking he'll suddenly get rich, the results are not what he expected.


The dude is clearly acting and the video is a joke, but that shit happens all the time in the bitcoin markets, with real people with real money blindly listening to bitcoin pumpers while they dump on their followers' asses!

“Bitcoin", the speculative small-cap get-rich-quick investment scheme is definitely dead for now. Bitcoin however is fine."


https://twitter.com/aantonop/status/555382361676734465

You might or not agree on the "bitcoin is fine" part (I personally don't), but still, pretty interesting quote from the man himself don't ya think?

His words:

Some folks are feeling that everybody is becoming bearish, so they think that is the best time to buy right?
"Be fearful when others are greedy, and be greedy when others are fearful"?

They know price crashed in the past (for example in 2011 during the bear market from $32 to $2) but recovered.



Dear friends of the interwebs. You know that speculative bubbles based on blind hype don't go up forever right?
You know that the more they go up the more difficult it becomes to keep the Pump&Dump pyramid scheme exponential trend going right?
Eventually THE bubble actually bursts and it doesn't matter anymore if price recovered from crashes and bear markets in the past.


I'm sure during the tulip bubble crash, some dudes thought it was a good idea to "be greedy" when others were "fearful" and to buy somewhere during the big crash because "they had already been there" (during the mini bubble that you can see a little bit before the big pump for example).

They thought they were smart.




   







They went broke.