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According to Vitalik Buterin, the co-creator of Ethereum, the days of 1000x growth as seen in 2017 in the cryptocurrency sector is gone. Speaking to Bloomberg, Buterin emphasized that the awareness of cryptocurrencies and blockchain technology has already achieved its high point in Dec. 2017, when the price of major cryptocurrencies like Bitcoin, Ethereum, Ripple, and Bitcoin Cash demonstrated 10 to 300-fold returns https://www.ccn.com/why-ethereum-co-creator-believes-days-of-1000x-crypto-growth-is-gone/Do you think ICO companies are the ones killing the ETH market, due to the rate they dumped the ETH they collect from their sales? |
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Volatility is seen as the largest reason behind why consumers are deterred from using cryptocurrencies as a formal, everyday currency. Various stablecoins have hit the market in an attempt to upend just this, but most, if not all, have not found the support needed for mass-market adoption. Today, however, this may be a thing of the past, because two major players in the business world with immense global popularity have released a stablecoin of their own.
The Gemini Trust Company, owned by the Winklevoss twins, received groundbreaking news from the New York Department of Financial Services: Gemini Trust Company has been approved to issue its first cryptocurrency - the Gemini Dollar.
The Gemini Dollar, which launches later today, is backed by the US dollar and uses the Ethereum Blockchain, making the coin stable while having the many decentralized benefits of a cryptocurrency. Ultimately, the Gemini Dollar will be a true, everyday currency, making it an actual usable tender and not something a consumer would like to store, which is unlike Bitcoin and Ethereum as they are both seen as store of value similar to gold.
Financial juggernaut State Street will secure the US dollars necessary for the Gemini Dollar to operate in an FDIC-backed account. Various other third-party audits will occur before and after the launch. The significance of this is simple, stablecoins, unlike traditional cryptocurrencies, are not mined; instead, they are created whenever a new dollar is allocated to the cause. Therefore, it is crucial for a stablecoin entity to have reputable industry leaders to secure their fiat currency. It is equally important for diligent audits to occur, as this will provide transparency and, thus, eliminate any chances of fraud and manipulation.
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Mastercard is getting into the crypto game. It's patented "a method that would manage 'fractional reserves of blockchain currency Eventually, this patent will allow Mastercard users to buy and pay for goods with bitcoin instead of dollars and other forms of fiat currency. https://www.cnbc.com/2018/07/17/bitcoin-above-7000.htmlGood Good News coming into the Crypto space. Better days are yet to come |
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What's your take on this
Will pegging cryptocurrency with USD instead of the usual BTC give altcoins a stable market? Well, We know fully well that BTC is been pegged to USD, yet its market still suffers, which I believe it as a result of it decentralisation, but altcoins suffers more, because when BTC suffer, altcoins always take a big part of the suffering, even when the BTC market is going green it takes time for most altcoins to go back to their normal state.
Do you think pegging altcoins with USD instead of BTC will help the altcoins market?
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This is great news for cryptocurrencies. IBM entering cryptocurrency space is another key step to legitimizing this industry (Crypto) for mainstream and institutional investors IBM is considering creating a stablecoin for use in its own blockchain platform. The company currently uses stellar as its payment method. The new cryptocurrency would be pegged to the dollar in an effort to make it more stable and usable for payments http://fortune.com/2018/07/17/ibm-stablecoin-cryptocurrency-stellar/ |
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We are all into Crypto for different reasons, Goals and aims, but one thing is for setting (Money) we all want to make in this industry.
Be a hodler, or a trader we are all have one goal that's to make
"Money"
Must traders lost their investments on daily basis because of the word greedy, we want to make 100% profit from a single trade, don't get me wrong, 100% profit is very much possible, but I call it greedy!
The fact is this, 90% of the market is based pump and dump, And Pump do last forever.
As traders we should learn to do away with the spirit of greedy when dealing with the market. Sell when you know you have made some profit and wait for the dip.
If you are a long term investor please don't follow all that's been said in the post, hold on to your coin
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As an investor one thing you shouldn't engage yourself with is Predictions, if you want to be successfully in this Crypto ecosystem, you need to stay off any form of market prediction.
Here are few reasons why you shouldn't engaged with it (market/price prediction)
1. Predictions can be wrong
2. Listening to predictions makes you a speculator
3. Listening to predictions makes you an onlooker
4. Price prediction gives you nothing for today, only false hope
5. Listening to price prediction makes you think in one direction
Finally
Don’t let speculation and assumption make you decide what to do.
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Anyone using bancor.network exchange, I just had a frustrating experience with this exchange, I don't want to jump into judgement yet, because I don't know if the fault is from my end.
I did a trade worth $159 with this exchange, and I was charged $24 for trading fee (crazy), while the withdrawal fee is not up to $1! Is this normal?
Please I need an input from those that uses this exchange for trading
Thanks
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Is there any Blockchain platform/service that I can use to store my personal datas?
It would have been great if ledger can update their system and offers this type of service where one can easily save his/her datas on blockchain with ease, just the way we save our tokens.
If you know of any platform that currently offers this type of service please share
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I'm currently working with a new exchanger company, and we are planning on going live by the 1st week of August, everything about the exchange has been set in place, the little challenge at hand now is the need for a dev that will help in implementing erc20 standard tokens to the exchange. The dev should be ready to work closely with us whenever his/her service is needed.
PM me if interested
Best Regards
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I'm currently working with a new exchanger company, and we are planning on goin live by the 1st week of August, everything about the exchange has been set in place, the little challenge at hand now is the need for a dev that will help in implementing erc20 standard tokens to the exchange.
The dev should be ready to work closely with us whenever his/her service is needed.
Please message me on telegram if interested https://t.me/TradexvpBest Regards
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Impressio bitcointalk thread doesn't exist, Telegram channel has been deleted, Twitter account was last updated on 11th of june, ever since then no information from them. The only available forum now is the bounty thread, https://bitcointalk.org/index.php?topic=3350550.new#new@needmoney deserve a negative trust, he knows this project is a scam and he never bordered to clear the air, by letting investors and those participating on it bounty campaign to know about this scam. |
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honestly speaking, is ICO Projects worth investing on, considering the high risk involved? look at Uchit https://uchit.info/ they collect over 16million dollars from investors worldwide and they are nowhere to be found now. this is not the first neither will it be the last. Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam. is ICO really worth investing on? |
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Recently I have discovered that bounty hunters now use high-rank members account details to register for bounty campaigns, without these high-rank members knowing, like Telegram and Blog/article campaign.
I have seen my profile details on so many campaigns spreadsheet of which I don't even know about these campaigns.
Today a friend of mine sent me a link of spreadsheets different that he found my Bitcointalk account details on, someone somewhere is busy using my bitcointalk account detail for bounty campaign which I do not know of, and I believe am not the only they are doing this to.
bounty managers should please take note, most of these bounty hunters are abusing our accounts.
before bounty managers accept any participant they should be a form for bitcointalk account ownership verifications.
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I got this scam email this afternoon, with the message Good afternoon! Ethereum company a large official AirDrop! You can win up to 5 ETH simple tasks, go to your wallet MyEtherWallet.com to read the terms! Don't click on link.
Warning... If you receive any massage similar to this, please ignore it, It's a complete scam, and don't click on the link they provide you On the email, they will refer you to a link MyEtherWallet.com to get more details. Don't click on this link. If you do, you are not click on https://MyEtherWallet.com but www.MyEtherWallet.news that looks more like the myetherwallet. Don't put your private key on this website, you will hacked if you do. |
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I just found out that Metamask finally allows users to hide added custom contracts! For me personally this is great news so i just wanted to share it with you guys (if you did not know this already).  So what you need to do to is that you open Metamask from the icon in your browser and from the hamburger menu in the top right corner click "Try beta!". This takes you to a new UI of Metamask which obviously is now in beta but will soon become the main UI replacing the old one. There, on the left side you have a hamburger menu that opens your contracts. Next to each contract you have three dots where you get an option to hide a contract. I even like the new UI more than the old one. I hope this helps some of you. You are welcome!👍 |
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