Decentralised-Liquidity Exchange -- 'D-L-Ex'

[IMZ]

Yeh yeh, it's about DASH -- but nah: it's about cryptos as currenciess. V. interesting article.

https://www.dashforcenews.com/learned-spending-dash-local-market/

[IMZ]

P2P Lounge Room

https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.

https://bitcoinfees.info/

And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.


Bitcoin price: $2735 (CMC)

Btc Unconfirmeds: 68K

Total altcoin cap: 54%


http://www.telegraph.co.uk/business/2017/06/07/santander-buys-struggling-spanish-bank-popular-for1/

[IMZ]

P2P Lounge Room

https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.

https://bitcoinfees.info/

And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.


Bitcoin price: $2815 (CMC)

Btc Unconfirmeds: 37K

Total altcoin cap: 54%

[IMZ]

'That stack of bills represents a whopping 40% of the state’s operating budget. At the heart of Illinois’ problems are massive union pension obligations for retired government bureaucrats.'

http://www.marketoracle.co.uk/Article59287.html

[IMZ]

http://imgur.com/a/pw7Wr  (Over the farmhouse here right now. Come and visit. Bring beer.)

[IMZ]

https://trollboxonepoloniex.slack.com/join/shared_invite/MTk0ODg2MzI2MzIyLTE0OTY5NDE4ODMtYTBmMDBhZmNmMg

[IMZ]

P2P Lounge Room

https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.

https://bitcoinfees.info/

And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.


Bitcoin price: $2836 (CMC)

Btc Unconfirmeds: 30K

Total altcoin cap: 55%

[IMZ]

$105B -- noo ATH cap?

[IMZ]

P2P Lounge Room

https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.

https://bitcoinfees.info/

And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.


Bitcoin price: $2878 (CMC)

Btc Unconfirmeds: 25K

Total altcoin cap: 55%


Noo noo $ATH cap (CMC) $US 110B

[IMZ]

http://www.informationisbeautiful.net/visualizations/worlds-biggest-data-breaches-hacks/

[IMZ]

P2P Lounge Room

https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.

https://bitcoinfees.info/

And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.


Bitcoin price: $2974 (CMC)

Btc Unconfirmeds: 23K

Total altcoin cap: 54%


Noo noo noo $ATH cap (CMC) $US 112B


And -- first time ever -- here is noooz from a source beyond Planet Krypto:

'
South Korea and Japan’s extreme premium rates did not dematerialize overnight. It began with the stabilization of the Chinese market and the resumption of withdrawals led by the big three Bitcoin exchanges in China - Huobi, OKCoin and BTCC.
 
As the global market stabilized and the Chinese Bitcoin exchange market recovered, premiums started to decrease. Chinese exchanges, which used to process Bitcoin trades around 25 percent lower than the global average price, began to process trades at a value higher than the global average Bitcoin price.
 
During that time, liquidity in the Japanese and South Korean markets also increased drastically. Some of the largest companies in Japan, including the multi-billion dollar internet conglomerate GMO, opened a Bitcoin exchange to address the rapidly increasing demand for Bitcoin and South Korean exchanges also began to focus on providing higher liquidity toward traders.
 
Ultimately, the recovery of the Chinese market acted as a catalyst for global Bitcoin exchange market stabilization and standardization.'

http://www.zerohedge.com/news/2017-06-11/bitcoin-surges-above-3000-asian-premium-collapses

[IMZ]

P2P Lounge Room         Are we moving to Telegram v shortly? My Tech Officer says, 'All signs are positive.'

https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.

https://bitcoinfees.info/

And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.


Bitcoin price: $2639 (CMC)

Btc Unconfirmeds: 49K

Total altcoin cap: 59%

[IMZ]

'Two of Spain’s weakest lenders are the focus of investor panic this weekend, raising fears of another Spanish banking crisis.

Liberbank, a regional bank formed from a merger of three failed savings banks in 2011, has seen the value of its riskiest bonds collapse by 60 per cent in the past two trading days, while its stockmarket value has halved. It is seen as one of the riskiest lenders in Spain because it is saddled with mountains of bad property assets.'

http://www.theaustralian.com.au/business/crisis-fears-take-hold-as-spains-weaker-banks-come-under-siege/news-story/c2e7acdcd5e88ddf210f163e30b29f75


'Spain’s stock market regulator has imposed a ban on short selling in Liberbank . . . '

https://www.ft.com/content/5528c234-1df8-31bc-ae5b-814fffb09373


Wa ha ha!! This is the financial equivalent of being held at gunpoint in the pouring rain to sing hymns of praise to Glorious Leader.

[IMZ]

https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36

[IMZ]

P2P Lounge Room         Are we moving to Telegram v shortly? My Tech Officer says, 'All signs are positive.'

https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.

https://bitcoinfees.info/

And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.


Bitcoin price: $2716 (CMC)

Btc Unconfirmeds: 52K

Total altcoin cap: 61%

[IMZ]

Big-Picture Thoughts

Yup, okay: things are a mite frenzied.
But . . . the macroeconomic background will ultimately just keep shovelin’ capital into cryptos.

The Bitcoin-Aug-1st thing -- the next shouting-match over Bitcoin’s scaling concerns -- is getting quite a few mentions.
And there is AlSO scuttlebutt about the number/flimsiness of ETH’s ICOs.

And total crypto cap hit 61% today. That’s dance-in-the-streets crazy, folks. Historic.
Shoot, I remember when TOTAL crypto cap was TWO percent. That is, cryptos other than BTC (or ETH) are now unarguably candidates for high volume/price.

Let’s focus on the fact that crypto prices are so much measured against Bitcoin.
(That will change – I advocate bullion-GRS pricing/trades.)

The notion of a ‘backstop’ coin keeps coming to me. When things go boom! all those smarties who are presently shouting up the price of . . . everything . . . will need a crypto to scuttle to, but Bitcoin will be less than ever the choice-for-scuttle.

(Note that some will scuttle to fiat, but the scuttling to fiat will become a less attractive option over time.)

GRS is a splendid candidate for ‘backstop function.’

[IMZ]

'This cycle’s main bubble is in government bonds and fiat currencies . . . '

http://www.marketoracle.co.uk/Article59360.html

Hmmm . . . 'fiat currency bubble.' First time I've heard that (and John Rubino is great).

[IMZ]

P2P Lounge Room         Are we moving to Telegram v shortly? My Tech Officer says, 'All signs are positive.'

https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.

https://bitcoinfees.info/

And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.


Bitcoin price: $2519 (CMC)

Btc Unconfirmeds: 58K

Total altcoin cap: 61%

[IMZ]

https://bitcointalk.org/index.php?topic=1730273.0

Any thoughts here, campers? It's at 43 on CMC at this second.

[shinohai]

https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36

Oh look, someone besides shinohai that paints Ethereum with it's true colors.

Hope you are doing well IMZ!