Thanks for clearing that up. Couldn't get the disparity between the 2 projects, and fell asleep reading the whitepaper stuff, but that's it.

https://cryptodisrupt.com/bitbay-decentralized-peg-opens-door-for-stabilized-cryptocurrency/ seems like yet another non-starter for the Zimbeck guy
https://cointelegraph.com/news/bitbay-partners-with-german-firm-to-enable-equity-token-trading-with-fiat-currencies seems like maaybe this time...

https://twitter.com/redtheminer/status/1025664792860618752
"It's reported that bitmain's risk wafer on 16nm/12nm/10nm all failed and lost around 4 billion yuan.#btc"

Heard about one such failure a few months back. 2 might be called unlucky (for them). 3 though?
Conspiracy? AXA bribed TSMC? Or just a very difficult business to be in?

Lefty debaters be like

@NeerajKA

Phase 2 is getting Starbucks to serve only red meat

Oh also it wasn't new news. We knew they were going to start derivatives.
We just didn't know they were tying up with Starbucks evil brewmaker - which, meh, it's like omg Overstock to take bitcoin 'news' from 2014.

Mixed news at best:
http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/
Sprecher’s plan for bringing crypto to the masses runs contrary to what Bitcoin supporters typically champion. The purists favor Bitcoin’s “distributed” architecture, and adamantly oppose putting a big exchange at the center of the both the Bitcoin investment and payments systems. “A regulated exchange with a custodian in the middle contradicts the basic idea of Bitcoin,” says Abhishek Punia, a crypto-currency analyst with venture capital firm Draper Associates. “Bitcoin was designed to be decentralized, without intermediaries taking fees. A regulated exchange may be popular for a short period of time, but it’s not the future. The future will be the original idea of a peer-to-peer network.”
...
“Bitcoin can’t survive as a rogue idea,” he [Sprecher]says. “To evolve, the cryptocurrencies need to run on established infrastructure. They need the trust and rules that have been built into our financial system for many years. They need the kind of trust that the Big Board represents.”

All that, and the coffee is foul.

https://www.youtube.com/watch?v=X15RMGAThZ0 CoinGeek.com Bitcoin BCH Rebirth Party Highlights

- at this bcash lol party, Calvin Ayre tells you that bcash lol is bitcoin, because boobs. And little people.

https://www.newsbtc.com/2018/08/02/monero-wallet-bug-sees-altex-exchange-suffer-major-loss/
What actually happened here?

https://support.okex.com/hc/en-us/articles/360011941512
"Regarding the Forced Liquidation Incident on Jul 31, 2018

To reduce the market risks induced by this incident, the following actions will be executed:

    Injecting 2500 BTC from OKEx’s own capital pool into the insurance fund.
    During the settlement at 4pm August 3, 2018 (HKT), if any attempts of malicious manipulation of the settlement price are found, we will delay the settlement process for 10 minutes and manually adjust the price back into a reasonable level before delivery or settlement. The account which made the malicious attempt will be suspended immediately."


15 minutes till this goes into effect

bonus: "The client with user ID 2051247 initiated an unusually large long position order (4168515 contracts) at 2am on July 31 (HKT) and triggered our risk management alert system. Our risk management team immediately contacted the client, requesting the client several times to partially close the positions to reduce the overall market risks. However, the client refused to cooperate, which lead to our decision of freezing the client’s account to prevent further positions increasing 2. Shortly after this preemptive action, unfortunately, the BTC price tumbled, causing the liquidation of the account."

Apple still coming down in real money terms.

https://medium.com/@tuurdemeester/bitcoin-we-dont-expect-new-highs-in-2018-97e6a7a385f7
Despite an already six month cool-off period, for 2018 we see more sideways and downside potential in the Bitcoin price due to sluggish retail demand, hesitation from institutions, and a current market cap that seems too high relative to on-chain activity.

https://www.forbes.com/sites/jeffkauflin/2018/08/01/tricks-of-a-crypto-trader-meet-asias-hottest-crypto-hedge-fund/
FBG’s approach has three pillars: Invest like a venture capitalist in initial coin offerings (ICOs), trade on news and events by moving in and out of tokens rapidly and, critically, exploit insider relationships and marketing hype to ensure profitability. The firm’s rise speaks volumes about the anything-goes world of cryptocurrencies, where the stated ideals of democratization are a joke and being an insider is the surest path to riches.

Hayes Khan and the Great Clawback of OKEx https://twitter.com/jarjarbinko/

We have the best bots.