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

[cragv]

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

*waves* hi shinohai!

and yeah, agreed on eth. interesting times, these!

[IMZ]

https://www.bloomberg.com/gadfly/articles/2017-06-14/this-cryptocurrency-boom-is-getting-a-little-absurd

Email sent:

'Good morning, Tim. Your article is embarrassing giggly-fluff. Here’s what a prescient analysis would have revealed:

 

fiat currencies are in terminal decline – it’s the reason China took to Bitcoin early on. Gold will serve well. But you can’t send it from here to there in seconds, as you can with cryptos.

 

And needing the nod from government? It’s an historical fact of declining empires that they make more and regulations, but are less and less able to enforce those. Blind Freddie can see that the U.S. and the Eurozone are failing.

 

If you want to write another article, I’ll help you.

P.s.: over 4,000 cryptos have been launched: http://www.cryptocoincharts.info/coins/info/1001 '

[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: $2414 (CMC)

Btc Unconfirmeds: 30K

Total altcoin cap: 61%

[IMZ]

Whether we've lost our minds or not, we've been talking about this one for years:

http://www.zerohedge.com/news/2017-06-15/peoples-bank-china-manipulating-bitcoin-price

[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: $2496 (CMC)

Btc Unconfirmeds: 31K

Total altcoin cap: 61%

[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: $2496 (CMC)

Btc Unconfirmeds: 16K

Total altcoin cap: 63%

[IMZ]

'Like Puerto Rico, Illinois has a massive pension crisis. Its unfunded pension liability for the state's five major plans grew 25 percent alone in one year, reaching $251 billion . . . '

http://www.cbsnews.com/news/could-illinois-be-the-first-state-to-file-for-bankruptcy/

That's a quarter of a trillion bucks, readers.

And it's the reason for this article: http://www.zerohedge.com/news/2017-06-17/central-banks-are-driving-many-cryptocurrencies

[IMZ]

The 'Woo hoo!!' Post

Bear in mind here that ' . . . significant fiat currency dilution . . . ' is debt (also called 'debasement').

'The reaction of the cryptomarket to the Federal Reserve announcement provides evidence that cryptocurrencies are seen as a safe-haven investment during times of significant fiat currency dilution.'

http://www.zerohedge.com/news/2017-06-17/central-banks-are-driving-many-cryptocurrencies


Here's me three years ago, when crypto cap was just $US 7 B:

'However, discussion in the crypto-sphere has been heavily concentrated on the lesser influences on prices -- the proliferation of altcoins and technology, the outcome of The FINCEN Meeting -- rather than at the likely primary mid-term driver of prices:

the deterioration of the global economy.'

https://www.reddit.com/r/CryptoMarkets/comments/242i41/crypto_prices_and_the_global_financial_crisis/

[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: $2561 (CMC)

Btc Unconfirmeds: 12K

Total altcoin cap: 62%


Details on the First of August Thang: https://1august.org/

[IMZ]

And today's entry in the Wow?-did-he-really-just-say-that-out-loud? competition is Ambrose Evans-Pritchard of the U.K. Telegraph:

'The US Federal Reserve has taken an almighty gamble by brushing aside deflationary warnings from the bond market and raising interest rates into a blizzard of weak data.

It has taken an even bigger gamble by choosing to reverse quantitative easing when there is no need to do so, and to proceed in the face of very influential counter-advice from top economists.

Under this double-barrelled tightening, the Fed will start selling its $4.4 trillion bond portfolio before interest rates have returned to anything like normal levels, and before it has built up a safety buffer against a fresh shock.

This could prove one of the most fateful decisions of modern economic history. Whether or not the Fed has judged this correctly will shape the future of capitalism, and with it the prospects for Western liberal democracy.

The Fed aims to begin shrinking the balance sheet as soon as September, or by the end . . . '

http://www.telegraph.co.uk/business/2017/06/18/fed-plan-reverse-qe-fraught-danger/



' . . . choosing to reverse quantitative easing when there is no need to do so . . . '

This is The Future of Cryptos in a single phrase, campers, 'cause it tells us how much QE the system thinks is appropriate. Answer: endless amounts

[IMZ]

https://cointelegraph.com/news/new-initiative-advises-users-to-maintain-100-percent-control-of-their-bitcoin

[IMZ]

Any one else bailing on Bitcoin?

Well on our way to being post-Bitcoin.

[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: $2582 (CMC)

Btc Unconfirmeds: 12K

Total altcoin cap: 68% -- up from 62% yesterday!


Details on the First of August Thang: https://1august.org/

[IMZ]

'It's a fact that raising that much cash through a standard VC process would require a credible team, multiple rounds of funding, with much due diligence and milestones along the way. None of that happened here -- Bancor went from appearing on the scene 5 months ago to raising 9-digits cash with no demonstration that their scheme actually works.'

http://hackingdistributed.com/2017/06/19/bancor-is-flawed/

[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: $2744 (CMC)

Btc Unconfirmeds: 25K

Total altcoin cap: 60%


Details on the First of August Thang: https://1august.org/

[IMZ]

What is South Korea’s population? About 50 million. Now check here: http://coinmarketcap.com/currencies/ethereum/#markets

The $U.S.-value of Korean Won trading is greater than that of BTC-ETH.


Now look here: http://coinmarketcap.com/currencies/bitcoin/#markets

A half of the top-twenty pairs are crypto-fiat (and one is USDT). Deep breath, campers. This is a noo age.


If you are a financial-news junkie, you know that some U.S. cities, counties, and a territory, are bankrupt -- and a state is about to go on the list; and that pension funds all over the place are going under.

The Italian banking system is rubbish.

Deutsche Bank alone has enough bad debt to sink the world.

One of Spain’s banks recently just laid down and died. Another is now in trouble.

All four of Australia’s biggest banks had their credit ratings lowered yesterday.

And this morning, this:

‘The Management Board of Bremer Landesbank decided to cancel, at the next Interest Payment Date, all payment of interest on the AT1 Notes forming part of the own funds . . . ‘

http://www.dgap.de/dgap/News/adhoc/bremer-landesbank-kreditanstalt-oldenburg-girozentrale-the-management-board-bremer-landesbank-decided-cancel-the-next-interest-payment-date-all-payment-interest-the-notes-forming-part-the-own-funds/?newsID=1012211

[IMZ]

'The resulting chaos will have at least one predictable result: All pretense of fiscal and monetary discipline will go out the window in the rush to move people and machines into the theater. If you think we’re over-indebted and due for a currency crisis now, just wait.'

http://www.zerohedge.com/news/2017-06-20/middle-east-blowing

[IMZ]

Telegram channel: 'Distributed-Liquidity Exchange'

But I'm still figuring this out (invitation only)

[IMZ]

http://www.coindesk.com/bitcoin-scaling-upgrade-finally-happen-fail/

[IMZ]

P2P Lounge Room         Check 'Distributed-Liquidity Exchange' on Telegram

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: $2669 (CMC)

Btc Unconfirmeds: 26K

Total altcoin cap: 59%