Crypto thread
#1
Might as well start things off in this section with a thread for crypto related talk. 

There are plenty of knowledgable guys on here and if they aren't here yet they will be soon.
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#2
Bitcoin not crypto.

For historic documents, check out the Nakamoto institute. 

https://nakamotoinstitute.org

The bitcoin standard by Saifedean is the best place to start to understand why bitcoin and not crypto/blockchain.

I really like the “Tales from the crypt” podcast. Check it out if you haven’t yet.
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#3
^^ If this thread was Bitcoin specific people would get all uptight about any mentions of ETH, XRP etc.
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#4
Nice boost today. Seems like the rough times are over now, but with cryptos you never know.
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#5
I agree that an all-purpose crypto thread is in order.

There are other cryptocurrencies besides bitcoin with a variety of use cases. Off the top of my head:

Peer-to-Peer Payments :
Bitcoin
Bitcoin Cash
Litecoin
Dash

Remittances:
Ripple
Stellar

Smart Contract Coins (i. e. programmable money):
Ethereum
EOS
Cardano
Neo

Privacy Coins :
Monero
Zcash

Special-purpose Coins
Basic Attention Token (BAT, monetizing internet attention)
Tether (stable coin, pegged to USD)
Vechain (blockchain network for supply chain integrity)

So given that the ecosystem is way more than just bitcoin, we should keep this thread as a catch-all to discuss general market news, new coins, and new developments on various alt coins. Someone should start a separate bitcoin thread if there is interest in bitcoin-only discussion.
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#6
Even BSV is doing pretty good, I though it would have died a long time ago.
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#7
I will save you all a lot of time

(And make you a lot of money)

Buy BTC and thank me in ~2 years

Alts have higher ROI (Bitcoin from here is still ~10-20x+ in ~2 years), but you won't be able to catch them unless you are very involved/know what you're doing
New Post:

Daygame in Korea

BTC: 1A5WUGDNGnsxGJ62CXadV6T2oapKfFu4T3
ETH: 0x9019d135dD1FFA06f0CC53C5942cBce806a943dd

(If I miss your reply PM me)
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#8
The next hyped up thing that could 10x within a month like MATIC. I'm watching it but don't have enough $ to buy a significant amount, I'll have to sit on the sidelines and by jealous of someone else's gains.

https://launchpad.binance.com/en/lottery...abcb06a992
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#9
“Google to restrict modern ad blocking Chrome extensions to enterprise users”

https://news.ycombinator.com/item?id=20044430

Seems like a big win coming soon for Brave / BAT if this actually happens. Google deliberately hamstringing themselves to avoid disrupting their main business model.

After whiteknightrise’s post on RVF about Brave a while back I had downloaded it, but this news made me actually start using it as my main browser to evaluate if it is as good as Chrome (and perhaps buy a bit of BAT if I’m happy with it).
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#10
(05-27-2019, 09:14 PM)billydingdong Wrote: I agree that an all-purpose crypto thread is in order.

There are other cryptocurrencies besides bitcoin with a variety of use cases. Off the top of my head:

Peer-to-Peer Payments :
Bitcoin
Bitcoin Cash
Litecoin
Dash

Remittances:
Ripple
Stellar

Smart Contract Coins (i. e. programmable money):
Ethereum
EOS
Cardano
Neo

Privacy Coins :
Monero
Zcash

Special-purpose Coins
Basic Attention Token (BAT, monetizing internet attention)
Tether (stable coin, pegged to USD)
Vechain (blockchain network for supply chain integrity)

So given that the ecosystem is way more than just bitcoin, we should keep this thread as a catch-all to discuss general market news, new coins, and new developments on various alt coins. Someone should start a separate bitcoin thread if there is interest in bitcoin-only discussion.

Highly irresponsible post. Bitcoin is the only "blockchain" that matters.
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#11
(05-30-2019, 04:39 AM)Swordfish1010 Wrote: Highly irresponsible post. Bitcoin is the only "blockchain" that matters.

Not really...

[Image: h0w5v3d.jpg]

Bitcoin is 55% of a $280b total market (from https://www.flippening.watch/). There are a sizable number of other coins that are active and trading. And there are interesting things happening with many of these coins from development and adoption perspectives.

So I'll repeat:

... given that the ecosystem is way more than just bitcoin, we should keep this thread as a catch-all to discuss general market news, new coins, and new developments on various alt coins. Someone should start a separate bitcoin thread if there is interest in bitcoin-only discussion.

You should go and start a Bitcoin thread if you want to talk about only Bitcoin.



And in the world of Ethereum...

Ernst and Young created and released a protocol for private transactions on Ethereum.
https://finance.yahoo.com/news/ernst-you...01329.html

Earlier this month Microsoft releasing a developer kit for building + deploying Ethereum apps on Azure.
https://thenextweb.com/hardfork/2019/05/...eum-dapps/

Microsoft + JP Morgan partnering to promote Ethereum-based enterprise blockchain, Quorum
https://thenextweb.com/hardfork/2019/05/...lockchain/
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#12
(05-30-2019, 05:36 AM)billydingdong Wrote:
(05-30-2019, 04:39 AM)Swordfish1010 Wrote: Highly irresponsible post. Bitcoin is the only "blockchain" that matters.

Not really...

[Image: h0w5v3d.jpg]

Bitcoin is 55% of a $280b total market (from https://www.flippening.watch/). There are a sizable number of other coins that are active and trading. And there are interesting things happening with many of these coins from development and adoption perspectives.

So I'll repeat:

... given that the ecosystem is way more than just bitcoin, we should keep this thread as a catch-all to discuss general market news, new coins, and new developments on various alt coins. Someone should start a separate bitcoin thread if there is interest in bitcoin-only discussion.

You should go and start a Bitcoin thread if you want to talk about only Bitcoin.



And in the world of Ethereum...

Ernst and Young created and released a protocol for private transactions on Ethereum.
https://finance.yahoo.com/news/ernst-you...01329.html

Earlier this month Microsoft releasing a developer kit for building + deploying Ethereum apps on Azure.
https://thenextweb.com/hardfork/2019/05/...eum-dapps/

Microsoft + JP Morgan partnering to promote Ethereum-based enterprise blockchain, Quorum
https://thenextweb.com/hardfork/2019/05/...lockchain/

Ethereum can't even get crypto kitties to work and the whole idea is way too complex and never going to work. They hard forked it when the central members lost money. Altcoins will be like penny stocks relative to large caps. Bitcoin has the most liquidity, Lindy effect, network effect, and has institutional acceptance (NYSE, fidelity, etc.). Bitcoin does what it says it will do, which is generate a new block around every 10 minutes, and provide censorship resistant money transactions. I get it, the gains in alts can seem tempting, but it is more like gambling where you are hoping you don't get left holding the bag when no one else wants it. Read the bitcoin standard before doubling down on your current stance.
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#13
(05-30-2019, 07:17 AM)Swordfish1010 Wrote: Ethereum can't even get crypto kitties to work and the whole idea is way too complex and never going to work. They hard forked it when the central members lost money. Altcoins will be like penny stocks relative to large caps. Bitcoin has the most liquidity, Lindy effect, network effect, and has institutional acceptance (NYSE, fidelity, etc.). Bitcoin does what it says it will do, which is generate a new block around every 10 minutes, and provide censorship resistant money transactions. I get it, the gains in alts can seem tempting, but it is more like gambling where you are hoping you don't get left holding the bag when no one else wants it. Read the bitcoin standard before doubling down on your current stance.

It's great you feel that way!

Someone should start a separate bitcoin thread if there is interest in bitcoin-only discussion.
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#14
What is everyones favourite shitcoin now? My biggest stack right now is MATIC, I've been swing trading against BTC or Tether.
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#15
(05-30-2019, 04:39 AM)Swordfish1010 Wrote:
(05-27-2019, 09:14 PM)billydingdong Wrote: I agree that an all-purpose crypto thread is in order.

There are other cryptocurrencies besides bitcoin with a variety of use cases. Off the top of my head:

Peer-to-Peer Payments :
Bitcoin
Bitcoin Cash
Litecoin
Dash

Remittances:
Ripple
Stellar

Smart Contract Coins (i. e. programmable money):
Ethereum
EOS
Cardano
Neo

Privacy Coins :
Monero
Zcash

Special-purpose Coins
Basic Attention Token (BAT, monetizing internet attention)
Tether (stable coin, pegged to USD)
Vechain (blockchain network for supply chain integrity)

So given that the ecosystem is way more than just bitcoin, we should keep this thread as a catch-all to discuss general market news, new coins, and new developments on various alt coins. Someone should start a separate bitcoin thread if there is interest in bitcoin-only discussion.

Highly irresponsible post. Bitcoin is the only "blockchain" that matters.

I just started a thread here that attempts to focus largely on bitcoin and bitcoin related matters for any guys that might be interested in a bitcoin focus or attempting to see this "crypto" space mostly through bitcoin.

https://www.swooptheworld.com/forum/show...5#pid10955

Surely I have no objection to other cryptos or even discussing them, but I also believe that those other topics can be very misleading and distracting in terms of what bitcoin actually has accomplished and contributed to the space in terms of sound money and solving the byzantine's general's problem through proof of work and a variety of incentives in that direction that cause the networking effects of any other crypto to pale in comparison - in terms that they are likely NOT really adding much value to the space that cannot ultimately be absorbed into bitcoin, even though it could take more than 50 years to play out in regards to adoption and even various distractions from much more centralized sham projects.
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#16
Depending on your risk tolerance (BTC is pretty much a sure thing, albeit with less ROI than some alts probably, at least on a cyclical vs. long-term basis)

I would add Chainlink (LINK) to that list

Oracles/smart contract data providers

I don't know of any other crypto doing what Chainlink is doing

But basically it allows smart contracts to interface with off-blockchain data, aka making them actually useful

For more info:

https://blog.goodaudience.com/chainlink-...455dde92ab

Also, if it's good enough for Google, it's good enough for me:

https://cloud.google.com/blog/products/d...ogle-cloud
New Post:

Daygame in Korea

BTC: 1A5WUGDNGnsxGJ62CXadV6T2oapKfFu4T3
ETH: 0x9019d135dD1FFA06f0CC53C5942cBce806a943dd

(If I miss your reply PM me)
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#17
I remember looking at LINK recently when it was just over $1, I regret not buying it then but even at $2 ish now it looks like a pretty good buy.
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#18
Quote:I would add Chainlink (LINK) to that list

Oracles/smart contract data providers

I don't know of any other crypto doing what Chainlink is doing

But basically it allows smart contracts to interface with off-blockchain data, aka making them actually useful

You're right! My list wasn't complete at all, and at the very least LINK deserves mention as a type of special-purpose coin.

Quote:I remember looking at LINK recently when it was just over $1, I regret not buying it then but even at $2 ish now it looks like a pretty good buy.


Hindsight is 20/20... I remember the excitement and pumping of OMG and REQ in the craze of 2017. Both have compelling use cases: facilitating peer-to-peer exchange through blockchain interoperability. And then both coins shit the bed in the 2018 crypto winter and have yet to recover.

It's never obvious which of these coins is going to pop off and come out on top!
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#19
And just like that:

[Image: ZqrXb11.png]

[Image: NHbL8wC.png]
New Post:

Daygame in Korea

BTC: 1A5WUGDNGnsxGJ62CXadV6T2oapKfFu4T3
ETH: 0x9019d135dD1FFA06f0CC53C5942cBce806a943dd

(If I miss your reply PM me)
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#20
WKR do you trade often or mostly just buy and hold?
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