Orbitcoin price today, ORB marketcap, chart, and info ...

Ex-Intel Chief Says Venezuela Secretly Mines Crypto + 11 More News

Ex-Intel Chief Says Venezuela Secretly Mines Crypto + 11 More News
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
https://preview.redd.it/uzfm6yelf3x31.jpg?width=767&format=pjpg&auto=webp&s=830d11dfd2b31eaa17ea3ce7d1e0e2ab800353bb

Mining news

  • The former head of Venezuela’s Bolivarian National Intelligence Service has alleged that Venezuela is secretly mining cryptocurrency on a massive scale – to the extent that citizens are now experiencing frequent blackouts and power shortages. Per a report from media outlet Konzapata, Simón Zerpa, the former head of the intelligence agency, known locally as Sebin, the country has imported a number of USD 5,000 rigs from China under the guise of creating infrastructure for its own Petro token. In another article from the same media outlet, Zerpa also claims the crypto exchanges that accept Petro trading in Venezuela are all directly controlled by prominent figures within the government.

Trading news

  • Binance has announced that it has opened Nigerian fiat naira-to-crypto trading. Per an official announcement, the company stated that it was now offering naira pairings with Bitcoin, as well as its own new American dollar-pegged BUSD stablecoin and the Binance Coin (BNB). Meanwhile, in the United States, Binance US has also announced that it has begun listing the Dogecoin cryptocurrency.
  • Cryptocurrency exchange Bittrex says that the New York Department of Financial Services (NYDFS) has requested that Bittrex postpone the New York account closure deadline until further notice. Therefore, New York residents will be able to continue to withdraw funds, but may not deposit or trade on this platform. All trading for New York customers was halted in April 2019 and all account access was disabled in June by direction of the NYFDS.

Legal news

  • An American man is attempting to sue carrier AT&T, reports ABC. The man claims that AT&T staff allowed a hacker to access his mobile phone number, leading to the theft of over USD 1.8 million worth of cryptocurrencies from accounts at a number of cryptocurrency exchanges. The man says he was the victim of a SIM swap sting which has deprived him of his “entire life savings.”
  • Police in Poland arrested president of Crypto Capital, aka Global Trade Solutions AG, Ivan Manuel Molina Lee, on accusations of money laundering as a member of the international drug cartel. According to W Polityce, he is wanted in Poland for laundering up to 1.5 billion zloty (c. USD 390 million) and laundering money for Columbian drug cartels through a cryptocurrency exchange. Meanwhile, Crypto Capital is accused by Bitfinex of losing USD 880 million of fund the exchange entrusted it with. As reported this week, the parent company of Bitfinex, iFinex Inc., has filed an application for discovery in the U.S. District Court for the Central District of Southern California on October 18, 2019. iFinex claims that the discovery concerns its attempts to recover the aforementioned USD 880 million which the company allegedly wasn't able to access from December 2018 at least.

Regulation news

  • The Deputy Chair of Russia’s upper house Constitutional Legislation Committee says there is an “urgent need” for the country to introduce blockchain- and cryptocurrency-related legislation. Per the country’s Parliamentary Gazette, the committee’s Lyudmila Bokova says the government’s regulatory framework cannot keep up with the pace of innovation.

Adoption news

  • Russia’s Central Bank says it is considering using blockchain technology to power a system of cross-border remissions that it wants to have active by 2023, per RBC. The bank wants to speed up its digitization process, but its governor and deputy governors remain bitterly opposed to cryptocurrency usage – favoring a total, China-style crackdown.
  • Japan’s Softbank, IBM Japan and TBCASoft (of the USA) have all joined forces to create a blockchain solution for mobile carriers using inter-carrier blockchain technology. Per Fisco, via Gentoshoa, the parties want to work on a new solution that would allow Japanese phone owners to use their mobile-based payment applications at stores overseas, and enable inter-carrier transactions.
  • Though adoption is far from widespread, a rising number of Americans own crypto, according to a survey of 2,068 participants commissioned by Finder, an independent comparison platform and information service. In the last year, the survey says, the number of respondents who own a cryptocurrency has almost doubled from 7.95% in 2018 to 14.4% in 2019, which is an increase of 81% in one year. The average total in crypto that each is holding is USD 5,447, while the median amount of crypto in American digital wallets is just USD 360, claims the survey.
  • ConsenSys Space, a subsidiary of blockchain company ConsenSys, has announced the launch of a new satellite tracker based on Ethereum’s network - a project called TruSat. According to their tweet, it is "a citizen-powered, open source system for creating a globally-accessible, trusted record of satellite orbital positions." The website further explains that TruSat is primarily designed to enable the assessment of satellite operations in the context of space sustainability standards, and that the software merges observations of a satellite from around the world into a transparent record of its location.

Investment News

  • Bitcoin startup Coinplug raised KRW 7.5 billion (USD 6.4 million) in a Series B-2 round funding. According to the announcement, the investors taking part in this round were South Korea's influential venture capital firms Mirae Asset Venture Investment, Smilegate Investment and KB Investment. With this investment the company says its total funding to date is over USD 12 million.
  • SIBEX AG, developer of the peer-to-peer protocol, raised CHF 1.78 million (USD 1.79 million) in its seed funding round, with Fenbushi Capital, SIX, Accomplice and others taking part as investors, according to the press release.
submitted by CryptoHamstereu to u/CryptoHamstereu [link] [comments]

Doge Token : AKA the post Sporklin did not want to make.

At times Twitter is not the platform that allows the proper conveyance of engagement, 280 characters is generally not enough; especially for myself. Given the topic here I ask that you allow me the grace of a proper platform in order to do this in a manner that leaves little question to intention.
I want to preface this given rarely do I have to do these in public. Myself, the Dogecoin Core Developers believe that the space is wonderful, diverse, creative, and engaging across the several thousands of assets that exist. It is neither my intention nor our intention to prohibit, attack, dissuade or otherwise disincline something from existing in the space. However every now and again projects do pop up that seem to want their "upstart" in the space to begin with attacking Dogecoin. As a community driven asset with deeply communal ties to the entire space there are moments where even we pause and ask for clarity. This can help to gauge intentions, cause and more than once has led to showing someone as a "bad actor" in the space. We have spent over half a decade working with the Doge/Dogecoin branding, there are many assets with the name which we believe only helps to engage further people into cryptocurrency.
So Doge Token.
Technology
DogeCoin is technologically behind
However, it’s core technology has not been upgraded much, and it has not been updated in well over a year latest releases from 2015.
Github can be hard to manage, and understand. What I fail to fathom is how you missed that we have had 7 releases since 2015. Dogecoin Releases. Further for the coming 1.14 release there was active and ongoing communal interaction and input along the way as Dogecoin is a social consensus asset not just network/chain consensus based. Path to 1.14 Which for noting puts our public start into 1.14 barely a year beyond the 1.10 DogeParty release. (Which happened in 2016, where you state nothing has been done since 2015.)
Further as is shown there in the above posting 1.16-dev shows work. 1.17-dev Shows work as of 11 days ago even as we are waiting on final push for 1.14. This all counters your claim that there has been no releases, that nothing has been upgraded much.
If you would care to explain why your white paper states otherwise I would be willing to listen, especially given as it is rather public what we are doing, when we are doing it, and further more who is doing what. We are community based, and there are comments on both @dogecoin along with @dogecoin_devs both have been active in keeping communities updated. I sourced most of the postings for the large post from reddit, and that is only half of the updates. We have also spent time among the telegram communities, slack, discord, Steam communities, IRC communities across a span of multiple languages no less interacting, updating, and engaging with users.
Rolling back into the initial statement, "Dogecoin is technologically behind". I am curious where you see this, personally. This was gone into recently, by someone else who screamed the same things. Reality of Dogecoin Perhaps you missed this as well?
Doge Token lives on the Stellar blockchain
Stellar is the one of the fastest growing and largest blockchain platforms out there.
Stellar nodes/validators 43 have uptime in the past 24 hours.
Dogecoin Nodes This private node saw 420 other ones in 24 hours. (There are other versions listed there, they are forked coins that did not change the basis so appear on our node relay maps.) Nevermind what our public nodes see daily.
Do not take this as a hit to Stellar, it has been around since July 2014. It is old in the space which is amazing it has lasted given how many projects die. However stating that it is one of the fastest growing and largest blockchains, is a bit of a stretch. It is a rather creative stretch in reality. I understand they function differently than Dogecoin in their handling, still "largest blockchain platforms out there"; just to note.
ETH 6439 July 2015
BCH 786 BTCU 698 August 2017 / January 2016
BSV 485 November 2018
I got fairly far down the list on CMC and to continue seemed overly harsh as the trend continued.
Constant updates and support further improve the Stellar blockchain platform.
Factual they also do micro releases (small tweak releases) and they do master branch implementation and developmental work. A bit different than many things in the space.
Shibe loves Stellar.
It is a bit mutual. Dogecoin is such an interesting blockchain and serious project, that peek the advisors we have ties, old ones. Even as Stellar grew over the years more than a few of their services did drops to Dogecoin just due to the history between the assets. OneCred rip now This was one of the early services for Stellar.
PoW vs Green Tech
DogeCoin: Much Hash, Such Work
Even though DogeCoin has many orders of magnitude fewer transactions and smaller transactional value, it now exceeds over 20TH/s in terms of hashrate.
You are not wrong, in fact the other day we were one of the tops for hashrate in the entire space. It has been a long while since we were near 20TH/s though hashrate 9/22/2017 was the last time we were under 20TH/s. Just as a note, more transactions does not mean more energy spent as the energy spent is per block which contains multiple transactions.
The amount of electricity wasted to power stagnant technology negatively impacts the environment
You seem to have missed that Dogecoin is AuxPoW, this means that Dogecoin mining is a byproduct of Litecoin mining. Which is why our hashrates are generally close. This also takes the energy "waste" down to running a node, which most networks in the space have. Deciding it is wasteful simply for your narrative in Dogecoin's case; seems short sighted and a bit targeted.
and reduces mining rewards.
Given there is a very low energy cost via AuxPoW, there is not a reduction in mining rewards. Further given Dogecoin entered the "legacy" mining period we are beyond halvening, we are forever to the 10k block rewards which facilitate ongoing transactional functionality. Transaction fees, along with block rewards go to the miners; there is no reduction to the mining rewards for the miners.
Despite all this waste
Given the network is rather efficient, I do not understand the implication of waste.
DogeCoin is still theoretically much less secure than Stellar.
Based around what theoretical reference? Dogecoin is five and a half years old, in actual reality of functional existence ..Dogecoin has not had an attack that in any manner made the blockchain less secure. Further more blockchain audits, independent security reviews, network health reviews tend to be part of the listing process for the higher level compliant functioning exchanges. To date we have yet to fail one, shutter or even has a questionable passing.
You state Dogecoin is insecure in theory.. Did you miss that Dogecoin follows Bitcoin's upstream? The codebase is public, if you wish to state we are insecure I will ask you for the proof of your claims, it is a rather grave implication to make without cause. I assume you have found something everyone else has missed, care to share?
Doge Token: Such Green, Much token
Transparency and Safety
DogeCoin: Much scam, Such Sad
Remember the days of tipbots. Yes? Well we’re sure things didn’t end very well for the most avid tippers.
Pardon? I ask this honestly as we have had multiple tipbots ongoing for multiple platforms; with no issues in assorted communities that have had no issues. Surely you are aware that the tipbots, are external, third party offerings; they are unattached and uninvolved in the actual Dogecoin project. I state this because you seem to be of the mind that because something happened externally, on third party offerings, by third party developers; that it somehow reflects on Dogecoin itself.
Applications built on DogeCoin are often closed source and non-contract enforced.
Discord - Frog's
Discord - BA
Discord - BitsBot
Discord - MSFT
Twitter - Beir's
Twitter - TipDoge
Reddit - Dogetipbot - Mohland - Redacted code
Reddit - Dogetipbot - Mohland - Redacted code
Reddit - AltcoinTip -Vindimy
Reddit - SoDogeTip
IRC - Doger - One of the longest running tipbots in the space.
IRC - Doger Soak
IRC- NRP
Slack - Val
Telegram - Peakshift
These are just the ones off the top of my head.
We only mourn for the nice shibes who were victimized by these viles scammers.
Broad statements are made here in relation to all the tipbots. The one that did have issues, you seem to have missed was not actually tied to the project. Further more it was not just a tipbot that was impacted but an entire company. DogeTipBot.
Doge Token: Such Clear, Much Trust
Doge Token cannot be attacked with 51% attack and this makes us invulnerable.
You are correct, it does not take a 51% attack to take Doge Token down. It takes sadly removing two nodes from the Stellar network down to take everything, in the fullest down. Due to their more centralized nature of issuance, and operation the base network under Doge Token is publicly known to have several issues. Recently Stellar had a review by an external third party. Stellar security which goes on to detail several known issues in relation to the base functionality methods of Stellar. Understanding that on the base, anyone can claim anything noting that David himself came out to reply seems important. Further adding to this is just what KAIST is along with why it is important to note that it was not just random people making these claims.
Stellar exploit allowed 2.2bn Lumens to be created 2017. This was an onchain direct exploit.
Ongoing issues with Stellar, one which related to SDEX where Doge Token exists bug reporting.
Stellar Dex had an issue disclosed, which rather went interestingly.
Now the very important distinction here, what I have listed above are on chain issues, they are flaws exploits, problems related to the base code of functionality of Stellar itself; not third party issues. They are also public knowledge to be issues do please do not assume I am taking a swing at their project.
In the interest of disclosure there have been third party troubles relating to Stellar as well.
There was the BlackWallet hack Jan 2018 hack that resulted in 400kUSD stolen.
This makes Doge Token more trust-worthy than DogeCoin.
I will note that your entire white paper is based around false claims, baseless speculation, very easily disproved comments about the Dogecoin project, and further more implied relations which are not the actual basis of anything. We have tried in vain repeatedly to contact your project, and you have resisted.
I understand the space is huge, in fact we find it wonderful that it is so diverse. What we pause at, and what will always pause at are projects that make baseless claims, attacks, spread misinformation and bluntly put, lie. Whatever your intentions are this is not the best way to step into the space, especially given we have already had to answer for your projects comments, and we are also very curious why you took a logo without credit to the artist.
In terms of trust? Dogecoin has been here for over half a decade, our engagements are public, our codebase is public, our communications. Our communities are user driven, our third party platforms are also user driven. Where do you find fault in the trust-worthiness given who we are is rather public, we engage in the space openly as people, we are honest, direct and very proactive in relation to the entire userbase.
Sadly, the same cannot be said for you. With this it is our hope that you do correct your statements, that you do make things clearer, further more crediting the artist of your logo would also be kindly. Your methods are deceptive, your entire whitepaper is made up of libelous commentary. I do hope we can find a middle ground that does not take this much further given your stance thus far as been to mislead users by making grossly incorrect comments to further your own personal gains.
submitted by Sporklin to MyToyBox [link] [comments]

u/Luke-Jr invented SegWit's dangerous "anyone-can-spend" soft-fork kludge. Now he helped kill Bitcoin trading at Circle. He thinks Bitcoin should only hard-fork TO DEAL WITH QUANTUM COMPUTING. Luke-Jr will continue to kill Bitcoin if we continue to let him. To prosper, BITCOIN MUST IGNORE LUKE-JR.

https://np.reddit.com/Bitcoin/comments/5gvjez/against_the_hard_fork_truthcoin/davpkhy/
I don't think we can survive forever without a HF. What about when/if QC [Quantum Computing] becomes a reality, for example?
~ u/Luke-Jr
So... the only scenario where Luke-Jr can imagine upgrading Bitcoin is in the event of Quantum Computing?!?!?
Luke-Jr has been very damaging and toxic to Bitcoin in several ways:
(1) Luke-Jr's pathological, anti-science insistence on extremely tiny blocks is largely responsible for Circle shutting down Bitcoin trading today.
Circle.com CEO Jeremy Allaire: "bitcoin hasn’t evolved quickly enough to support everyday financial activities." (Circle.com ceases allowing purchase of Bitcoin)
https://np.reddit.com/btc/comments/5h00u4/circlecom_ceo_jeremy_allaire_bitcoin_hasnt/
Bitcoin Powerhouse [Circle] Will Pull the Plug on Bitcoin
http://www.wsj.com/articles/bitcoin-powerhouse-will-pull-the-plug-on-bitcoin-1481104800
New Ventures of Old Bitcoin: Circle phasing out buying/selling bitcoin...
https://np.reddit.com/Bitcoin/comments/5gxy5e/new_ventures_of_old_bitcoin_circle_phasing_out/
(2) Luke-Jr's proposal to do SegWit as an "anyone-can-spend" soft-fork is needlessly overcomplicating Bitcoin's codebase and potentially exposing you to new attack vectors which could _steal your bicoins.
Segwit cannot be rolled back because to non-upgraded clients, ANYONE can spend Segwit txn outputs. If Segwit is rolled back, all funds locked in Segwit outputs can be taken by anyone. As more funds gets locked up in segwit outputs, incentive for miners to collude to claim them grows.
https://np.reddit.com/btc/comments/5ge1ks/segwit_cannot_be_rolled_back_because_to/
SegWit false start attack allows a minority of miners to steal bitcoins from SegWit transactions
https://np.reddit.com/btc/comments/59vent/segwit_false_start_attack_allows_a_minority_of/
Luke-Jr may believe that he genuinely wants to help Bitcoin - but he is only hurting Bitcoin.
As we all know by now, Luke-Jr suffers from numerous physiological and/or psychological pathologies. We cannot continue brush these problems under the rug as being "just his religious freedom".
Luke-Jr's cognitive problems make him incapable of fulling participating in human society - or debating about capacity planning for an emerging global cryptocurrency economy.
In his faith-based, anti-science brain, the only situation where he can imagine hard-forking Bitcoin is in the advent of Quantum Computing (QC) - making him largely responsible for Circle shutting down Bitcoin trading today, due to insufficient capacity on the blockchain - directly attributable to Luke-Jr's well-known efforts to artificially suppress the blocksize and prevent Bitcoin from upgrading via a simple & safe hard-fork.
For all his supposed "piety", Luke-Jr is actually just a blissfully ignorant sociopath and an extremist who is incapable of dealing with life in real-world societies and economies.
He has been very, very harmful to the Bitcoin community, the Bitcoin codebase, and the Bitcoin economy.
Luke-Jr simply does not recognize reality. He lives in his own pathological world where he regularly spouts criminal, anti-social fantasies:
Luke-Jr is a seriously a super crazy person quotes gigathread
https://np.reddit.com/Buttcoin/comments/4936kw/lukejr_is_a_seriously_a_super_crazy_person_quotes/
Luke-Jr: "The only religion people have a right to practice is Catholicism. Other religions should not exist. Nobody has any right to practice false religions. Martin Luther was a servant of Satan. He ought to have been put to death. Slavery is not immoral. Sodomy should be punishable by death."
https://np.reddit.com/bitcoin_uncensored/comments/492ztl/lukejr_the_only_religion_people_have_a_right_to/
Below are more actual quotes illustrating how Luke-Jr's faith-based, anti-science, anti-social brain works:
Now, Circle - a company that the WSJ calls a "Bitcoin powerhouse" - is shutting down Bitcoin trading - and a lot of this is Luke-Jr's fault:
Like the faith-based viewpoints of many harmful US politicians, the faith-based viewpoints of Luke-Jr are delusional, anti-scientific and dangerous to our society and to our economy.
And we are getting yet another very concrete example of this today - where Luke-Jr is largely to blame for causing a major US Bitcoin trading company, Circle, to shut down Bitcoin trading.
Luke is blind to reality
Like any faith-based sociopath, Luke-Jr lacks the mental and emotional faculties to see any of the damage which he is causing.
This is why he keeps on piously mouthing his toxic, blissful ignorance - because he puts his "faith" over science, and fantasy over facts - and himself over the community.
Luke-Jr is also responsible for doing SegWit as a shitty, sucky spaghetti-code soft fork
Luke's "contributions" to Bitcoin have needlessly complicated Bitcoin's codebase - preventing Bitcoin's growth, driving away users and businesses, and dividing the community.
jimmydorry about luke-jr : 'His best work was probably in figuring out how to soft-fork SegWit, and I'm sure that I am forgetting a whole heap of other things he did that were important.'
https://np.reddit.com/btc/comments/49tvwv/jimmydorry_about_lukejr_his_best_work_was/
Why do people continue to listen to this toxic sociopath Luke-Jr?
Why are people letting this toxic sociopath Luke-Jr do capacity planning and upgrade planning for the world's most important cryptocurrency, Bitcoin?
Maybe people contiunue to pay attention to him because he was an early adopter of Bitcoin.
And Blockstream likes him, because he functions as "useful idiot" and attack dog for them: his irrational opposition to hard forks helps keep Blockstream in power.
But, in reality, Luke-Jr has proven again and again that he is merely an extremist and a sociopath. He may help Blockstream - but he hurts Bitcoin.
It is time for the Bitcoin community to recognize that Luke-Jr is dangerous and damaging to Bitcoin.
In a universe without Luke-Jr's toxic influence...
Think about that better world we could be in right now - if we hadn't let our community be damaged by the dangerous and pathological lies and insanity coming from the toxic extremist sociopath Luke-Jr.
Bitcoin will not be able to survive and prosper if we continue to allow the toxic extremist sociopath Luke-Jr to poison our codebase, our community, and our economy.
submitted by ydtm to btc [link] [comments]

DEVCON2 report: Day Three - Final day

previous days
Question: the 3 days of devcon are over. Are people interested in reports on the next 3 days of international Blockchain week (demo day + 2 days of global Blockchain summit) http://www.blockchainweek2016.org
`
Event update
The buzz during the day was around the "stick puzzle" that Bok Khoo was giving out to people. It is just a stick, with a loop of string. He gets you to turn away, he uses "the trick" to put it onto your bag and then you try to get it off.
The WeChat channel was just filled with everyone asking where they can get it, and the screaming that they can't figure it out. Only about 5 people reported they were able to solve it (I haven't yet)
http://imgur.com/mYfJQP4 http://imgur.com/4Euka1a
`
Sessions
I'm biased, but I thought the announcement from Microsoft with the update of cryptlets was a big deal. The morning sessions covered a few different oracle systems, the afternoon had lots of IPFS sessions.
Microsoft - A Lap around Cryptlets
https://azure.microsoft.com/en-us/blog/cryptletsdd/ https://azure.microsoft.com/en-us/documentation/templates/ethereum-consortium-blockchain-network/ https://azure.microsoft.com/en-us/blog/authomarleyg
Microsoft was a sponsor of Devcon1 & 2 Ethereum is a 1st class citizen Support for community & partners - Bizspark, Meetups, Workshops
Announcing: Bletchley v1 Distributed Ledger stack V1 is a private Ethrerum consortium, that you can spin up for your own enterprise / group
http://imgur.com/olwwd36
Cryptlets are being developed to help with security, identity, etc. How do you get trusted external data feeds injected into the Blockchain? Doing things on a specific interval (every 15 mins) When price of something hits a threshold (oil goes above $40/barrel) Secure IP protected algorithms, but still share with blockchain network. Use libraries for common platforms (.Net, Java, etc)
Cryptlets vs Oracle Cryptlets will have a marketplace on Azure that will allow you to purchase and utilise
Use case: Trigger on an event Wake up on 4pm, if market was open that day, then give me the price of gold for that day.Get signature of attested server, attested sender.
Use case: Control Using smart contract like a traditional DB. Declare data you are keeping track of, and the functions/"stored proc" to update that data. Cryptlet runs off chain, and can be scaled up.
http://imgur.com/ysgL8S2
Utility cryptlet. Use an attribute in solidity contract with cryptlet details Developer references at design time the cryptlet they want the contract to call Contract cryptlet, deploy the cryptlet at same time as contract.
Why would you want Azure to do this? SGX allows you to create "secure enclaves", can have complete isolation on the hardware chip where it is not modifable. Provides a secure enclave at the CPU level. Can give full attestation right down to the silicon. Will be provided as a enclave container on Azure. Will be released for .NET core CLR first, then other languages. Can create cryptlet libraries that you can scale and put into the Azure marketplace. An ecosystem for developers & ISVs to consume and publish.
Bletchley v1 released today will let you spin up a private consortium. Before today, it took a long time to try and deploy a private consortium (can take weeks to read doco, Now takes 5 minutes to deploy! Creates a private consortium, puts each member in its own separate subnet
http://imgur.com/w4yUsqE
Mist Vision and Demo I was too busy sharing the release posts of Microsoft project bletchey v1, missed this talk. It did look interesting, I will watch this one later. Idea: Reward for bandwidth. Providing connection could replace mining as entrance point for desktop computers. Allow you to have a trickle so you can trigger smart contracts. Standardised backends, so that you can swap out the underlying node between geth, blockapps, etc.
Web3.js
https://github.com/ethereum/web3.js Etehereum JS API Smart conracts are EVM opcodes, Helps translates calls to JSON RPC calls. Helps do the ABI encoding when sending data from JS to EVM It kept on growing, many different utility functions being thrown in. Is time to clean it up and be refactored.
They are now building a NEW web3.js The communication will be socket based, will enable subscriptions. Everything will be based on promises to subscribe to events, like log events. Bunch of other newer cleaner methods and ways to do things like deploying contracts.
Smart contract security
Was a very good postmorteum of The DAO and things that could be done to mitigate it in the future.
An issue with The DAO was trying to do a massive jump from centralisation all the way to full decentralisation. Meant no one could step up and make a decision on how to save it. We need to make smaller steps towards full decentralisation as we learn as a community how to do this. Same security patterns as yesterday's talks: check invarients, beware 1024 call stack depth, reentry exploit (update state BEFORE executing calls), timestamps are manipulatable. Updateable contracts. Who can update it? Community multisig? We need better rools: formal verification, compiler warnings, improved IDEs, trusted libraries, excape hatches
Conclusion: It is still very early days in this space, be careful.
A Provably Honest Oracle Model: Auditable Offchain Data Gathering & Computations
Oracalize is the most widely used oracle (until everyone starts using Microsoft Azure cryptlets ;-) ) Contract calls Oracalize contract with the data they want, off chain they see this get the data, Oracalise then trigger their contract externally, which does a callback to your contract with the data. Can use external notary servers. Can get proof from multiple external services to get a higher level of confidence about data (e.g. stock price from a few feeds). Off-chain (auditable_ computation) AWS sandbox 2.0. Put the execution package onto IPFS, AWS gets it and executes it, signs it.
iEx.ec: Fully Distributed Cloud Thanks to the Ethereum Blockchain
http://iex.ec/ Provides blockchain based execution environments Global market for computing resources. Idea is to do what we did before with "grid computing" use the idle capacity of computers. But this time do a trickle of micropayments. Allows people to harness this global power to execute their tasks in a global "distributed cloud".
The Final frontier: The company smart conract
http://otonomos.com/ Helping companies to incorporate on the blockchain.
Smart oracles
https://github.com/smartoracles Connecting to external resources is difficult. Hard to try and use external currencies (like a bank account / fiat money) to make transactions. Could hook in paypal, HSBC, wells fargo, etc. Can provide your own payment services as an API to a smart oracle for smart contracts to consume. Do off chain data storage by calling smart oracle API Roadmap: more data sources & more payment methods
IPFS & Ethereum: Updates
https://Ipfs.io IPFS is AMAZING, seriously go watch the full 1 hour talks Juan has given in previous years.
Current web has current issues. Centralisation, etc. IPFS is a new hypermedia transfer protocol Content can be retrieved not from specific servers, but instead via it's hash so that it can come from anywhere in the network (maybe from the person next to you who has cached it). It is highly modular, all of the transfer protocals, routing, naming, etc. are all swapable Is available as GO-IPFS & now JS-IPFS Means now you can run IPFS in the browser IPFS was great for static content, but not so great for dynamic content. Low latency pub/sub protocol will help with dynamic data. Created a distributed peer to peer chat app using this new dynamic content protocol. IPLD a common link-tree hash format Will be able to use IPFS to retrieve ethereum blockchain blocks DIRECTLY Can use IPFS as a package manager to retrieve them in a distributed manner.
Many projects are using Ethereum & IPFS Uport, Digix, Infura, Ujo, Eris, Blockfreight. Filecoin was created as a way to try and incentivize nodes to keep files longer time. People rent out hdd space to earn filecoin. Exchange bitcoin/filecoin. Use filecoin to store files in network. Filecoin is going to be built on top of the public Ethereum blockchain, as a virtual blockchain / token.
IPFS Libp2p & Ethereum networking
Network connectivity between any 2 nodes can be difficult. Censorship, bandwidth, network issues, etc. Having to deal with different networking topologies and access. Libp2p & Devp2p is different. Devp2p is for Ethereum. LIbp2p is modular, can swap out components to change network access, encryption methods, etc. Can build up a MEGA mesh network, by utilising traditional wired internet, radio, bluetooth between some nodes. Web browser using web socket, to a node, which routes across network, to zigbee to a IoT device. Libp2p & Devp2p could merge and augment each other. Could create the libp2p components to replace the devp2p bits Any 2 nodes that speak the same protocol can communicate and be a part of the network chain. Experiment. They took the browser based version of EVM. Then used Libp2p to talk to the Ethereum network. Had a complete ethereum node running in a browser.
Uport
https://uport.me/ Universal identity platform Current challenges: key management. Ux for average person. Dapps via mobile. Identity and data ownership. How do you keep a consistent identity, even if you lose a key. Have some multisig contracts that you can use to keep track. Social recovery, use your friends to attest it is really you. Keep private key on mobile, do transactions on the desktop, scan a QR code to sign the transaction on your phone and send it off.
A Deep Dive into the Colony Foundation Protocol
It is an open source governance protocol built on Ethereum Problem with voting is how to prevent Sybil attacks. Votes are weighted by a reputation score. Reputation is non-transferable that can only be earned. Total weighted voting helps mitigate this.
Chain orchestration tooling & smart contract package management
Eris is tooling for developers. Package manager to build your own blockchain. Can compose a chain, e.g. geth + tendermint consensus. Init, install, do. Can easily install on Mac/bew, linux/apt-get, Windows/choco
The Golem Project: Ethereum-based market for computing power
http://www.golemproject.net/ Anyone can make an offer to sell computing power. e.g. Distributed rendering Want to create a standard framework that anyone can use to submit and process jobs.
Status: Integrating Ethereum Into Our Daily Lives
https://status.im Want to get ethereum everywhere. "Mist for Mobile" Everyone is using their mobile phones for everything, but mostly using instant messaging. What would Ethereum in a IM window look? Created a IM mobile app that has a local geth node. tart up, it asks you to create a password, it generates a pub/private pair. Then can send messages via whisper, and the messages are signed with your public key. Can load Dapps up in the local webview and interact with them. Allows you to create "chat Dapps", that you interact with via text. Like chatbots
Maker Ecosystem Overview
www.Makerdao.com Dai: seeking stability on blockchain. Stablecoin engine: smart contract that holds collateral reserves and controls the Dai lifecycle. MKR: open source community managing risk of the system In the last year, investing in a solid technical core. More slow and audit things. Moving into the next phase of stablecoin development. Their latest project is the "Simplecoin project" Meeting Thereum community's need for stability. An independent platform for creating centrally administered simple stablecoins. Issues create their own rule sets: Collateral types, participant whitelists, security parameters. Example: Shrutebucks. The only people who own it are Dwight, Jim & Pam. They backed it with 1/3 ETH 1/3 DGX 1/3 DUSD.
Orbit. A distributed peer to peer app on IPFS
https://github.com/haadcode Created a full distributed chat room, itself distributed through IPFS. It is integrated with uPort for identification Using uPort allows you to verify that you are talking to the correct person in the chat channel. All their messages are signed with their public keys He also created a full distribited twitter clone, using uport for the identity as well. Orbit-db key value store DB that stores its data on IPFS. Eventually consistent Appends data to the DB, an event is sent to those subscribed on pub/sub so they can see the latest root hash. Based on CRDT Ethereum + Pubsub + CRDTs + IPFS = super power primatives to build dynamic distributed apps
Development considerations with distributed apps. Need to ensure that apps work offline. No centralised servers. No data silos. Provide integration path.
Future work: could you use uPort for ACL like permissions? Mobile use cases, how to make it work nicely on mobiles
Building scalable React Dapp architecture
https://github.com/SilentCicero/react-dapp-boilerplate React + Ethereum He has a configured boilerplate template. Has contract scaffolding. Enforced contract Linting/testing. Wallet generation/identity. Preconfigured web3 instance. UI: Mature react arhitecture "react boilerplate". Prices listed in USD with ETH/btc via kraken api. A basic multi-contract example Dapp. Offline first, dapp runs without internet. Uses Redux. State models in UI & blockchains work well. PostCSS, CSS Modules, sanitize.cs. Redux, immutableJS, reslect, redux-saga, i18n, redux-router. Web3, ethdeploy, dapple, solium, eth-lightwallet, chaithereum, ethereumjs0-testrpc Enforced contract testing in 2 languages.
Ethereum for Enterprise (BlockApps Strato)
Trying to make sure that Ethereum stays relevent to enterprise development. Why do you need a blockchain WITHIN an org, shouldn't they trust each other? Well different departments may not, they may reconcile differently, and can help automate/orchestrate between them. Blockchain is the "killer app" for cloud financial services. Legacy infrastructure, batch prossing, etc are all restricting fintech from progressing. Blockchain can happen in real time, can replace legacy. Ethereum is very flexible and programmable, works well. There are others based on Bitcoin (like Hyperledger). Ethereum + Blockapps = Extreme productivity + Proven Technology. Blockapps is extending Ethereum for Enterprise. Runs very well on Azure Enterprises don't want all their data exposed on public chain. Blockapps helps solve data privacy and scaling with multichain fabrics.
submitted by DavidBurela to ethereum [link] [comments]

Market discussion: will banning ISBoxer trigger a PLEX price apocalypse - or has it already?

The banning of ISBoxer (announced earlier today) coupled with general unease with rising PLEX prices may cause a PLEX price correction. Watching Jita right now, it has already begun - the price is dropping noticeably in real time. I just entered a sell order at 924 million, and by the time my 5 minutes was up to modify that order, more than 40 plex had undercut me and the new low price was 913 million). It was only within the last week or so that the price touched one billion isk.
Isboxer accounts were likely disproportionately paid for by PLEX (given that PVE activities scaled so well with them), and all of that demand for PLEX just got nuked from orbit forever. My guess (and it's really just a guess) is that what this will trigger a selloff based on as much on speculation as on fundamentals: as the price starts to dip, the belief that "PLEX COULD NEVER GO DOWN!!!11!one!" will be called into question, and so the price will be depressed further by people liquidating (at least part of) their stash. This may be further fueled by a CPP holiday sale on PLEX for Black Friday.
In related news, the supply of minerals and ice produced for sale will likely decrease, causing an increase in the price of those goods (I expect this will be less fueled by speculation, but that will certainly be a factor as well).
Over the long run, I still expect PLEX will always be a good place to park ISK because it will always represent the value of $10 to $20 in USD. In contrast, spaceships and rocks and in-game currency will always have values tied to supply/demand/ease of production, and with an aging player base, even without textbook isk inflation the value or spaceships/rocks/in-game currency will likely decline over time as the playerbase skills up and can produce those things more efficiently.
Disclaimer: Markets are insane and nobody ever fully understands how they work. PLEX could easily surge to 1.5 billion by tomorrow, but it's fun to think and speculate.
EDIT: Sell price down from 924 million (at roughly 17:00) to 856 million (now, roughly 20:00). Highest buy order 840 million. There are 2,125 in Jita local at 20:00 on a Tuesday.
EDIT 2: Less than half an hour later PLEX SKYROCKETING up back into the mid-900 million range. Clearly PLEX can only go up, RON PAUL '08, strap on the moon rockets, BITCOIN COULD NEVER GO DOWN, buy Buy Buy BUY BUY BUY BUY BUY BUY BUY
EDIT 3: 897 buy, 870 sell as of 21:10. Also: Good morning Australia!
submitted by coelomate to Eve [link] [comments]

Success to the Successful (or: why the moon is not far enough)

Someone today asked me to sum up the difference between Dash and Monero, since the price of both is rising rapidly right now. I found myself referring to a simple but useful model on growth and competition, which comes from outside the field of cryptocurrency. I will take this model, and try to explain a subtle but powerful feature of Dash that is often overlooked.
A defining feature of Dash is its treasury system. Each month, 10% of the block reward is set aside as a budget for development activities. This includes – among other things – software development, project management, the DASH: Detailed show, hardware integrations, and conference expenses.
There are two key properties of the treasury payments: first, they are voted on by masternode operators, large stakeholders with a financial incentive to allocate the budget wisely; and second, they are made in DASH, and so the more valuable DASH is, the more this stream of money can pay for. If masternode operators vote wisely, they increase the usefulness, demand for, and hence price of DASH. They will then find in future that they have an even more valuable budget stream to allocate. This in turn pays for Dash to improve further, and so a loop is formed, where the more successful Dash becomes today, the more potential it has to be successful in future.
This structure is not new. In fact, it is so widely recurring it has a name: Success to the Successful. Some other examples from this linked page are:
When a research team wins a grant, that team is more likely to succeed, and be able to obtain future grants.
When a sports team wins the championship, the inflow of media attention, revenues, and respect enables this team to continue investing in great players.
When a person begins prioritizing work over home life, it can become easier to get sucked into work as new opportunities open up and bosses recognize the hard work.
(Success to the Successful can have both positive and negative consequences, depending on how much of and what part of the system you want to consider.)
You can see how it works dynamically between two competing systems in this interactive model by Gene Bellinger on the Insight Maker website. Note that the structure of this is different from Dash vs Monero (or Bitcoin), because the two loops are not equal. The DASH price rising doesn't just make existing holders wealthier and attract new people to the gold rush, it necessarily and directly pays for future development of core features – under the assumptions that the masternode operators vote wisely and that the funded activities proceed as planned. (Note that while wise masternode voting helps increase the development budget, anything that causes the DASH price to rise also increases the development budget. Even people hedging out of BTC by buying DASH purely at random will also grow the Dash treasury.)
There is an important proviso to all this. In a finite world, every form of exponential growth will meet a limiting factor. Animals that breed too successfully exhaust the food in their environment. Extracting oil helps build machines to extract more oil, but this just makes the oil run out faster. A new fashion will attract more followers who attract yet more followers, until it becomes mainstream and is no longer new and cool – and either goes the way of jeans, or the way of bell bottoms.
Running an organisation is a complex problem in itself, and one that is not solved simply by throwing more money at it. Microsoft failed utterly to take a share of the music player market from Apple, but it was in no way due to lack of money. I've seen myself in some detail the results of a startup that was initially wildly successful and profitable, but made a bad decision on how to structure itself, and then tried to solve every subsequent problem by hiring more managers. (If this had a name, it would be Failure to the Failing.) Whether by accident or by infiltration, Dash may find itself making mistakes that mean success does not come as smoothly as the SttS model predicts. Like every model, it is simple, elegant, and wrong – but hopefully it is still useful in some way. In fact, Dash will makes mistakes: nobody has ever created a global, decentralised, self-funding DAO before, and it is simply impossibly to build something so complex for the first time without making mistakes (the mistakes are what teach you what not to do). The test of the treasury is whether it will spot and correct these mistakes faster than the competitors.
People who only do technical trading, people who trade based only on the charts from (for example) CoinMarketCap, might currently be looking at the price movements and thinking that Bitcoin, Dash, Ethereum and Monero and so on are doing similarly well. But these charts hide a key structural difference, that the price rise of DASH has relatively increased its ability to develop its network much more than the others. What would it look like, if instead of a table of price charts, we had a table of treasury fund charts? One of them would look very different from the others.
It's become a catchphrase that Bitcoin is going "to the moon". Well, right now Bitcoin development has all but stopped while people argue over whether to build a tiny, high speed, two-seater shuttle, or a huge slow carrier cable of transporting millions. Large BTC holders are having to reach into their own pockets to fund and develop something that will be usable as digital cash, a situation that is sustainable only if it can launch before they run out of money. Dash, meanwhile, took Bitcoin's shuttle prototype, collected money from investors to build a satellite navigation network (masternodes), added boosters (instant transactions), and a cloaking device (decentralised mixing) – and is now building a network of accessible spaceports so that people without an engineering degree can get on and off (Evolution). Thanks to its treasury system, Dash is transitioning from its bootstrapping phase and becoming a viable organisation, and it is doing so much more economically than many Silicon Valley startups.
I think the space race metaphor for cryptocurrencies still works, but maybe it would benefit from a little revision. Bitcoin is somewhat like NASA, with a big head start but a relatively fixed budget; Dash is more like Virgin Galactic, a younger and smaller but ultimately self-funding private venture. I like what Sid Meier did with the Civilization games: the goal he set was not to get to the moon, it was to get to Alpha Centauri. If we are speaking metaphorically, I don't think that would be a bad target for Dash either. It needs to set itself apart.
Success to the Successful works exponentially, but is subject to random events early on, and exponential growth starts slowly – so it's impossible to say if Dash will even get into low Earth orbit. However, when exponential growth kicks in, it kicks in fast – witness the growth of the web. Dash is unique among the top cryptos to have this reinforcing loop designed in. 2016 saw the price of DASH, and hence the development budget, triple. What will it mean if that happens again, in 2017?
EDIT: I've just spotted that itscrazybro beat me by 10 hours or so by pointing out the reinforcing effect of the recent price rise in this post:
It's an amazing positive feedback loop, thanks Evan for the brilliant concept!
I've only had one eye on Reddit over the holidays, and I wrote this first thing after a coffee this morning without catching up on the news. So props to itscrazybro for highlighting this important change first, and also for calculating that the treasury budget is currently 1.45M USD/year. That is a lot of money!
submitted by ashmoran to dashpay [link] [comments]

Re-Skinning 5th Edition

5th Edition's system allows for extreme versatility when it comes to skinning. It includes some expanded rules, as D&D has in the past, but since casters no longer are required to have spell component pouches for most things (they can use focus instead), and combat tends to be a lot more fluid, I've found that 5th lends itself well to simple skinning. I'll list a few examples so people can see what I'm talking about. Remember, if you and your players enjoy it, it's worth it!
Post Apocalypse USA
This is a campaign I'm currently running. I've taken inspiration from Mad Max, Borderlands, Fallout, and merged them into a wasteland playground for my party. For the sake of story there are a few rules things I've dropped entirely in order to add my own methods.
Currency--Players actually store most of their money in bitcoin form, and for the sake of simplicity I do everything in USD values (my local currency). Players want to buy a weapon, piece of tech, food and fuel? Find out how much those things cost online, right now, and either add a % increase or leave things the same and make currency more scarce.
Cars--I actually just treat automobiles like faster horses, I even have my players use "Handle Animal (Ride)" with dexterity as their driving skills. Since multiple people can easily ride in a car while one person drives, the system lets me have some high speed, Fury Road style combat. I've had players doing acrobatics and athletics to leap from one vehicle to another, killing those on board, hijacking other cars, or had bad guys leap onto tankers the party was hired to transport. Lots of fun to be had in vehicle combat. I even made some very simple rules for ramming other vehicles.
Weapons--It's actually a lot simpler than you would think to reskin weapons, in fact, it's probably one of the easiest things to alter for storytelling. Melee weapons can be the same as ever, but you can add variations of flavor to a single weapon type. Great Hammer (Maul) can be a sledge hammer, a Fallout Style Power Hammer for magic versions, an oxes legbone, really whatever works for a large bludgeoning object. It's not hard in D&D to acquire weapons you're proficient with, so why limit to very specific weapons; as long as the object fits the damage type and size it works. All I ask is that my players note what the weapon is in the rule book.
For ranged weapons you can certainly still find bows and arrows, it was good enough for Walking Dead after all. You can also very easily adapt those same weapons as guns. In my game: Hand Crossbows are Hand Guns (someone even went out of their way to dual wield them with Crossbow Expertise), and all other bows tend to be some form of rifle. When a weapon is magical I usually dream up something extra to describe that +1. Got a player who likes heavy metal and Warhammer 40k? Give them a Chainsaw Sword (+1 Greatsword)! +1 Rifle? It can be as simple as a high quality scope, or maybe it super heats the rounds in the chamber as they're fired.
Monsters--This is one of my favorite skins. My players are all veterans of D&D, so the instant you describe a monster they tend to know exactly what it's capable of and how to approach it. I learned long ago that re-skinning monsters was a great approach to revitalizing combat. In this world I tend to lean extremely heavily on Fallout's Super Mutants. Minotaur? A Super Mutant with a heavy ram attached to one of his arm stumps. Orc? A smaller, more vicious Super Mutant. Ettin? Okay, so I gave my party this one, it was a two headed mutant :-D. I've even given them a variety of Deathclaws; one was a bear, another was a giant crocodile. They even fought a Beholder once, and had no idea what it was until it had a chance to fight (I described it as a floating metal orb, a kind of robotic creature, when combat began a series of metallic tentacles sprouted from slots in its body, each arm had a laser). Lots of fun to be had here in dreaming up new ways to use old monsters.
Magic--This is probably the toughest thing to reskin from D&D, and usually holds people back in the skin process. Now that my group has gotten into the world, they're really enjoying the process of converting spells. Fireball is usually an incendiary grenade launched from an M16 attachment (the M16 is the caster's focus!), lightning attacks tend to either be tesla cannons, lasers, ion blasts, and on one occasion someone had an overcharged taser. The Cleric who likes thundelightning has an uplink with an orbital weapons platform for some of his spells, a shoulder cannon mounted on power armor for others, and healing spells usually involve needles filled with nanites or adrenaline. I made a sorcerer whose actions include the following. Hex: Activate hovering drone which has a laser mounted on it. Eldritch Blast: Fires rounds from the M16 which uses photonic ammunition. Scorching Ray: The sorcerer pulls Tec 9s loaded with incendiary rounds off her shoulders and opens fire. Fireball: Fire in the hole. Healing Word: Mini drones with needles that respond to voice commands. I even had a player use flamethrowers to represent Dragonborn and Burning Hands. Lots of fun re working these things. Knowledge Arcana became Tech.
The players enjoyed this skin so much they voted to use the campaign option where we take turns GM'ing, and so far it's been great.
Other Skin Ideas
You can go pretty much anywhere with some of these simple skins. For a long time my group has looked for a good Star Wars system, but now we'll probably just do vibroblades, lightsabers, and thematic class/spell choices with 5th edition. Want some standard modern day, maybe even White Wolf World of Darkness stuff? Barbarian is a good stand in for Werewolf, and it wouldn't be hard to alter a few rules here and there to make things flow better.
I wouldn't mind seeing a few more skin ideas that I hadn't thought of, and if someone wanted to elaborate on the Star Wars idea I won't complain :-D. I'd love to have a take on interstellar combat.
EDIT
I have some encounters from this campaign setting floating around, I thought people might want me to link them here.
Intro Session in the Desert
Synth Institute Trap Dungeon
Blowing up the Diner... and the BoS Initiate/Cleric
Hope this helps those of you who wanted to try this out!
submitted by FlintKidd to DnD [link] [comments]

[financial] Balancing Optimism and Realism

To some extent, this is about all dimensions, but it applies particularly to financial so I added that category.
I've been very much of two minds about this latest rise in NYAN, since Tuesday when we reached an all-time high volume and market cap. Certainly, I love to see this type of interest and it's exciting to watch the market at times like this. But I also worry about the bubble possibility and whether or not new buyers will end up underwater for a long time.
Even before this latest rise I was debating a post to explicitly shout out a bubble warning. The main reasons I didn't were that (a) the rise seemed so crazy that the likelihood of a bubble seemed obvious to me and (b) at the same time, the overall level didn't seem completely insane and I want to be sure to not be giving such warnings so often I end up ignored.
And yet...we've now crossed a million dollar market cap. This was a "low-Earth orbit" goal when I started the revival in Jan 2015: while it may not be "moon" in that compared to the overall market it's still a small thing, it's still a very impressive and surprising climb from where we were. I had talked about a 10x return a year as being a best possible case, and while market cap has also grown from an increased supply during that time beyond just price appreciation, still, we did very loosely just accomplish a 1000x market cap over the course of three years. That's truly incredible.
Going forward from here, I see a similar type of split: on the one hand, it is entirely possible for us to go back to where we were before this latest spike, or even lower. Or Bitcoin could have a market panic. Or major regulatory problems. Or some critical bug. Or Lex Luthor gets a quantum computer and decides to attack NYAN. There are infinite ways this could all crash and burn.
But...after such success, how can I help but dream about what could happen if things go well for the next five to ten years as well?
Now, there's certainly a lot of work to be done. Just off the top of my head, major things that we would want to accomplish over that time as a minimum would include:
And there's probably plenty that I'm not thinking of at the moment. Certainly, none of it is particularly difficult or cutting edge, but I wanted to make the point that it's not like we can do nothing and expect a best-case outcome.
What is that best-case outcome though? Well, after having gone from a market cap in the thousands, to a market cap in the millions, the next steps that occur to me are the tens of millions, hundreds of millions, and billions of dollars of market cap.
On the face of it, a billion dollar market cap seems absolutely impossible for NYAN. Certainly, in all probability we will never reach it. In order for it to happen, at the very least, I would expect that crypto would have to explode far beyond what it already has; mass adoption of something would need to happen, in order to be attracting that type of capital into the market overall.
Also, it certainly would not be within three years if it happened: we should not be expecting 10x returns from here on in. For this year, if we merely maintain the current level through the end of the year, that would be unquestionably a success in my view.
But if the overall market were to be growing, and we were to be growing at a rapid (compared to traditional investments) but slower (compared to the last three years) pace, we might see a somewhat similar result to what we've been doing: generally hold or slightly slip in our ranking, while growing in value (with plenty of volatility, of course).
At some point, we would have to be able to rise through the ranks as well. I can't see the ~650th coin being a billion dollar market cap, for sure. In a very crazy future, I could perhaps see the cutoff being the top 100 though. The overall cryptocurrency market cap would of course be trillions at that point at least, perhaps tens or even hundreds of trillions.
And this implies that USD/etc is slipping in the meantime. It might seem like a small effect compared to crypto market movements, but still, over the course of a couple decades or so, we can expect it to halve in value. And $250 million - $500 million seems a lot more obtainable than $1 billion.
So...in a best case scenario, maybe in 10-20 years, with a stable, full-time development and support team, with a strong and at least medium sized community which retains its technical and friendly aspects but perhaps gains a bit of financial strength as well, it seems to me like $1 billion market cap is not entirely impossible.
Depending on your perspective, that statement may seem very cautious or very wildly optimistic. I think it is both.
I do not want people thinking this is any kind of "sure thing". I've deliberately emphasized satirical and self-critical elements in order to try to prevent people from gambling more than they can afford to lose on this. I try to avoid getting euphoric in talking about the future for the same reason. But I think it's important to think about what we are trying to work towards.
If NYAN is to succeed in the long-term as a strong store of value, then we should expect that it would continue to rise against USD, since that is designed to lose value, albeit slowly and in a controlled manner. But that is a big "If". If, though...well, that's certainly space program time: I believe that we should use success to do something other than just the "lambo" mentality. Whether it's adventure or philanthropy, or best, some of both, I would like that to be a difference between us and most of the rest.
People remember DOGE sponsoring the Jamaican bobsled team. That was a cool moment. I'd like to see us have similar in the future.
I'd like to see NYAN be part of building a better future. While I think we do that a little bit just from existing and learning and improving ourselves, I also think we can obviously do more with more financial resources. I don't think there's anything wrong with hoping for good returns. But we should always remember how uncertain the future is for everyone, and in particular for a tiny novelty coin without a developer.
We have come a long ways. If we continue to put in work and don't overextend ourselves, I think we can go further. But the difficulty is rising.
And always beware the bubble...
submitted by coinaday to nyancoins [link] [comments]

Re: Why Dogecoin Will Never Go Global

What I have just read here (on /CryptoCurrency) is a senseless division of our communities utilizing all of the classics: class warfare, age warfare, cultural warfare, political warfare. For example:
Here's the problem: Dogecoin is way too middle class America to conquer the globe. It belongs to the 24-30 year old New York media student set. It's entire image belongs alongside Gap adverts, and Apple iPod adverts, and other adverts where multicoloured balls randomly fall down the streets of San Francisco. It has personality. It is cool. It has irony, and is even ludicrous. It sent the Jamaican bobsled team to the Olympics. Haha, wow such comedy. Such doge.
also..
Dogecoin is not neutral. It has a refined community morality that is distinctly American of liberal undertones. (e.g Dogecoin could easily be pro-Hilary 2016.)
and
a coin that started as a joke and has the personality derived from an alien culture.
This kind of attitude is damaging to our entire community. I can't even imagine that an honest bitcoin community member would even be responsible for such tactics.
I wrote a paper recently titled Understanding Crypto-Currency Market Dynamics and the Role of BTC, DOGE, and CGB
A TL;DR of how it relates to this is that Bitcoin and Doge serve two very different roles and purposes. It's like apples to oranges. Bitcoin is a highly liquid market gateway to the crypto-markets. Doge is an adopted currency which gets its value from the size of its community which is holding to spend. Bitcoin is only confused with so many roles because it was the first on the scene and had to take them all. (also elaborated on what doge needs to achieve lunar orbit here)
To put this behaviour, which is totally destructive to both Bitcoin and Doge into perspective, please see another paper I wrote recently titled Entrenched Interests, Lost Direction, and Stagnation in the Crypto-Currency Markets
Here is the concluding paragraph which is most relevant here:
I am going to put this entire article into perspective and hopefully you will all begin to understand what kind of challenge we face. There is a great general force which causes the stagnation we see in crypto-markets today and it is people and organizations with time and money invested into their own currencies. This includes everyone from small time investor to enterprise grade coin mining datacenters to governments and banks. This includes unregulated digital currencies and includes government issued fiat currencies like the USD and the deep state that goes along with it. If citizens had the freedom to choose their own currency and it caused a flight out of government issued fiat to the new distributed economy, it would be a disaster to the status quo. With the scandal that rocked Reddit on Tuesday we learned that the government employs agents to disrupt online communities and their ability to organize and effect change. The crypto-community is certainly on the radar because what we are doing represents a creative destruction of the old ways.
I know that some of you may be in complete disbelief, but please try to be more aware of what is at stake. If you see something that you feel is not right, speak up, and support each other.*
I don't care who wrote this or for what reason. I only wish to point out the damage so that as a community we can learn to identify this kind of irrational division and pay extra care to support the logical and honest discussion.
I have created a crosspost in /CryptoCurrency here since that's where the original post was.
submitted by papersheepdog to dogecoin [link] [comments]

[Auction] 4 Legacy Couriers / Golden Baby Roshan Cycle 3 / 1450+Items of all Tiers - Zero dupes: Welcome to the Collector's Paradise!

Hi there Reddit, if you were wondering where I was, well, here's your answer. I've been talking to the first traders that made me some offers after my initial post, and this is the sale form that will suit the most.
The relevant items are all clean and I've never been scammed or hacked or did so to others in my entire Steam career. Everything you see was purchased with hardworked cash and for top value prices of the time.
The Auction will last untill the 26th of November, 20:01 Greenwich Time. I've already spoken to the moderators about the auction lasting more than a week and they gladly gave me permission as that will be my first day off work during wich I'll be able to take properly care of the finals offers.
GOODIES TIME: I've had these legacies for years and some of them have never even been for sale publicly once, the boar has been mine long before any Dota2 trading site even existed, I gave out his public screen to legacypedia just a few months ago.
Legacy Enduring War Dog Felicity's Blessing (247,166,41)
Video: Pre FB Update Screens: Day Time / Night Time / Bonus
Reserve: 1000 USD.
Offers: Noone official.
Legacy Unusual Stumpy (Luminous Gaze - 202 63 136)
Video: Such a match with those empty orbits
Screen: Click me
Reserve: 750 USD.
Offers: 650 USD by an Anonymous source, I have proof if requested.
Legacy Unusual Morok (Piercing Beams - 125 170 198)
Video
Sceens: Day Time / Night Time
Reserve: 900 USD.
Offers: Noone.
Legacy Unusual Boar (Burning Animus - 127 160 230)
Video
ScreenShot
Reserve: 800 USD.
Offers: 800 USD by xiuyilongyue
Offers for more than one Legacy:
2500 USD for all 4 of them, by huangjh1993
1800 USD for Wardog, Morok and Boar, by Munuoo2012
Golden Baby Roshan Cycle 3:
I've obtained this Roshan from an original Cycle winner 2 years ago, I have proof of the trade using Leon as MM and I can provide inventory History if asked.
Video
Screen: All hail the Shiny King of Couriers!
Reserve 6000 USD. Offers: Noone official so far, but I've been wispered some numbers already pretty close to the reserve.
The Mega Loot of Wonders: This Loot includes all the items that ever existed in Dota2 between the very first patch that introduced 4 chests and a bunch of sets and March 2013, plus some extra modern goodies. Relevant Items:
Clean bought from the Valve store by myself Alpine set.
The International 2 Trio of Immortals.
The international 3 Trio of Immortals.
Elder The Defense Season 2 War Dog.
Dragon Claw Hook.
Elder Time Breaker.
Champion's Green Exalted TB Arcana.
Battle Fury.
Around 50 Unusual Couriers, including 8 ethereal flame all different colors, 1 Trail of the burning Doom, Complete Unboxed Sunfire set,Complete 3x Unusual Perfect Greevils and Many more.
Toon of Heroics, most with top Tier Team Tags and from when there was only one drop per ingame event.
Endless sets, inscribed items, original Gem packs, a Keys and Chests collection and whatnot, just have a look yourselves!
Reserve: 3000 USD. Offers: 3000 USD by D3CeNu
As far as Payments method, I'd really prefer a bank transfer even if the process take a couple of days since I've waited ages to sell and I'd rather be safe than sorry, Hammy already offered himself as a MiddleMan but any trusted one can do if you have preferences. I will Split the Fees of any Bank transfer Offer by properly taking them off the final payment. I've never dealt with BitCoins and I'm skeptical towards them.
Happy Wild Bidding Folks!!!
Edit* Forgot to mention that I'm more than happy to show the couriers ingame to whoever will be interested!
submitted by AizenJabberwock to Dota2Trade [link] [comments]

Understanding Crypto-Currency Market Dynamics and the Role of BTC, DOGE, and CGB

Understanding Crypto-Currency Market Dynamics and the Role of BTC, DOGE, and CGB (draft - requesting constructive criticism) papersheepdog
A special note to the Bitcoin community: All that we have done here would not be possible without your innovation. This trailblazing has left you in a unique position as a highly liquid market gateway which we all rely so heavily on. There will always be a top place for you so long as you maintain this distinction. Bitcoin TL;DR: Your community must focus on bridging the divide between government issued fiat currencies and the new realm of digital currencies. You are the gatekeeper that allows us all to prosper and to reach the next level, we need a system of exchanges that can handle a tsunami of fleeing capital which we are likely to soon witness. Government regulations, restrictions and FUD will stand in your way but you must accept this challenge and restore free market principals to the peoples' selection of their currency.
A special note to the Dogecoin community: We appreciate what you have done for all crypto-currencies by bringing us mainstream excitement. You are lifting us all higher but you cannot do it alone. A healthy ecosystem requires that one currency cannot fulfil all roles. Hopefully this document will help you to understand your bright future within it. Dogecoin TL;DR: The value of your currency is derived from the size of the community that trades and accepts Dogecoin. You must work tirelessly to spread the word and get people excited to be using Dogecoin and to accept it at their businesses. When businesses and individuals can operate by spending their earned Dogecoin instead of converting it to government issued fiat, you will have established lunar orbit. To say this another way, your ultimate goal is to create a diverse Dogecoin ecosystem that no longer relies on government issued fiat.
A special note to the Cryptogenic Bullion community: Visionary conception has created a cryptographic asset that is designed with the properties of money, modelled after the gold supply, and whose purpose is to store wealth. This currency could not have come to maturity at a better time as we are seeing a loss of confidence in the financial industry and a rising demand for Gold and Silver across the globe. Cryptogenic Bullion TL;DR: Your community must focus on enhancing the ability of CGB to act as a store of wealth. This includes developing safer ways to store CGB, and safer ways to utilize one's private wallet keys in a secure, offline manner. This focus on safety must include initiatives to make it easier and simpler for curious new community members to participate. The CGB community must also focus on investor education to help smoothly guide capital from the old economy to the new.
A special note to the general crypto-currency community: You are all an integral part of the true free market capitalism that is occurring in this new digital space. Although I highlight three currencies as prime examples of filling a certain role, the vibrant community that you are all a part of is what has allowed these examples to exist. There is plenty of room along side these examples for others to try to fill a similar role. So long as new and innovative crypto-currencies are launched and given a fair chance to compete, we should all be willing to adapt and change to accept them in order to brighten our collective future.
This document is intended to be used by our collective communities as a guide to come together and provide this new digital space with the services and functions required to support capital and commerce. The crypto-currency FX (foreign exchange) market is very new, and confusion about the fundamentals is currently the most dominant force underlying it. As more professional and seasoned investors begin to take notice of these markets, logic will begin to manifest itself more predominantly in the price action of the various options available. This is the reason that it is necessary for us all to do our homework if we wish to be not only on the profitable side of a trade, but on the side that allocates capital to deserving innovations.
The cryptographic currency market can naturally be seen as part of the greater foreign exchange market which includes all government issued fiat currencies. Many parallels can be drawn and it can get very technical. For the purposes of this document I have left out some distinctions which are not relevant to the overall understanding of the concept and would likely cause confusion. I may also update the document as discussion develops these ideas. We will begin by defining some basic elements found in these markets, the forces that are at play, and details on the roles to be fulfilled in this new economy.
The monetary base of a currency is the total number of units of a currency that are in existence. The monetary base can expand or contract. Expansion happens through mining and minting, while contraction occurs if a wallet is permanently lost. Although the monetary base may expand, if the new units are being held and not put on to the market, they may not cause a loss in relative value known as inflation. Correspondingly, if a large amount of the currency is lost forever or simply held by the population, an apparent shortage of the currency eventually forces the market to realize a higher exchange rate, identified as deflation. These forces act to stabilize the market as low relative prices encourage spending, and high relative prices encourage saving, thus maintaining a steady exchange rate and flow (ie. velocity of money).
Unit price is the cost per unit currently found on the open market for a particular crypto-currency. In a currency with a very low expansion rate, this would be primarily affected by the flow of capital. Currencies experiencing a high expansion rate of the monetary base will require a supply of capital inflow to balance against the base expansion, called the maintenance cost. As the unit price doubles, so does the capital inflow rate requirement (maintenance cost). This dynamic becomes readily apparent when the unit price rises too quickly for the capital inflow rate to maintain the new price and a correction must occur. In addition to capital inflow, the maintenance cost can also be countered by members of the community who choose to hold and save their currency.
Market capitalization can simply be seen as the total amount of capital that has been invested into a currency. For these markets, normally it is measured in USD, but it could be measured in BTC or any other currency. Usually we would measure this in the currency that we are more familiar with or the one which we perceive to be the most useful. From an investment point of view, market capitalization is a measure of popularity but not necessarily profitability. Market capitalization is calculated by multiplying the unit price by the number of units. Investors are primarily concerned with the unit price because this is the direct value of what they hold. If the capital inflow is directly balancing against the expansion of the monetary base (paying the maintenance cost) we will see an increase in market capitalization over time, without an increase in unit price.
There are many different ways a currency can be used and they have different effects on the market capitalization depending on how long the capital is held in it. They can be used for their market access with capital flowing in to one trade pair (eg. USD/BTC) and exiting out of another (eg. BTC/CGB). These are the most market neutral transactions as the currency is not held for long. Moving funds from one location or person to another can be accomplished by buying into the market and selling back out the same trade pair at the other location. (eg. BTC/USD). This transaction also represents no intention to hold and will become neutral once completed. Buying to spend does immediately imply a boost to market capitalization like all other actions, but when it is spent, the recipient may convert it to another currency, causing the action to be market capitalization neutral overall. Buying to invest has the very same effect, yet the duration of the hold can often be much longer meaning a greater benefit to the market capitalization. Buying to save is the most market capitalization positive action because savings are usually intended to be held long-term.
Different crypto-currencies have different properties depending on their programming and life-cycle which can make them better suited to a certain task than another. The three primary duties which a crypto-currency can fulfil are market gateway, adopted currency, and store of wealth. A market gateway is a currency whose popularity has granted it high volume market access to many other currencies both government issued fiat and digital. This allows fast (liquid) and fair market access to serve a wide population base composed of all of the supported markets. An adopted currency is one which is used for daily transactions among a population (group of users). The ideal adopted currency is one which expands its monetary base at the same rate of growth as the user base. This maintains stable prices even as capital flows in to the currency. A store of wealth is an asset that has the properties of money and should maintain its value over time. It should have a low inflation rate and/or a return on investment to maintain the incentive to hold it.
It is helpful to use real world examples to explain the concepts covered within this document. For this I will be exploring three crypto-currencies which I believe serve as a good example of each use case. Bitcoin (BTC) serves as an excellent market gateway, Dogecoin (DOGE) has been widely adopted as a currency, and Cryptogenic Bullion (CGB) serves as a store of wealth. I will explain how each one of these fits within its own role and the moderating role of investors in each.
Bitcoin was the first crypto-currency to market and has achieved the greatest exposure to markets than any other. Hundreds of trade pairs exist on many exchanges between BTC and both government issued fiat and digital currencies. Its market capitalization is best tied to its use as a market gateway and for moving funds from one location or person to another. These activities cause volatility which is smoothed out by investors. If it is believed that the volume of market transactions will go up, or capital will need to flow between locations at a higher rate, investors will buy in anticipation and take profit by providing liquidity as the demand arrives. This should be the main dynamic at play in Bitcoin but since it is one of the first to market, it has also attempted to serve as currency and store of wealth but we can see that it does not perform these tasks as well as others.
Dogecoin is the first crypto-currency to sustain a growth trajectory through the fun and excitement of using cryptographic currency, and the socially viral aspect of a meme. Through its wide and quickly spreading adoption it is beginning to properly serve its role as an adopted currency. With enough places accepting Dogecoin in exchange for products and services, it will achieve a sustainable velocity as merchants and businesses are able to spend the Dogecoin in their community, as opposed to converting back to government issued fiat currency. This should be seen as the ultimate goal of any newly adopted currency. If it is believed that Dogecoin will be held and used at an expanding rate beyond its maintenance cost, investors should bid up the price, and then take profit by providing liquidity as this increased demand is realized.
Cryptogenic Bullion is the first crypto-currency to display all of the properties of money, while providing the bearer with interest for holding it. It is portable, divisible, fungible, scarce, low inflation, durable, non-consumable, and a store of wealth. Unlike most other crypto-currencies, CGB has already completed its volatile monetary base expansion stage and is settling in to its maximum target of 2% expansion per year. As capital finally flees the economic bubbles created by the parabolic increase in the global fiat monetary base, it will find its way into both traditional stores of wealth such as Gold and Silver, but also into new opportunities like low inflation crypto-currencies. This will greatly benefit all crypto-currencies as the rising tide lifts all boats, but in this case, not all boats are created equal.
It is important as market participants that we understand the bigger picture of what is happening to cause interest and investment in this uncharted territory. We can look back to 1971 when Nixon removed the US dollar, and therefore the rest of the world which had its currencies pegged to it, from the price of gold. With US Dollars now having value derived only from their military imposed monopoly on the export of oil known as the petrodollar system, the manipulation and corruption of the world economy that ensued is now coming to a climax. The system that serves to wipe out the middle class and concentrate the worlds wealth into the hands of those most able to corrupt the political process is finally being replaced by digital currencies which give special favour to no one. We are witnessing the death throes of the old guard as it tries to frame digital currencies as money laundering, terrorist financing, untrustworthy, failures. One needs only to look at what the fiat US Dollar has brought us to know that we could not possibly do worse than this corrupted system we seek to replace.
TL;DR: A TL;DR is available at the top for each community. The general idea here is that one crypto-currency cannot do all and we must work together to realize our common goals.
submitted by papersheepdog to CryptoMarkets [link] [comments]

Nexus 101 with Facebook Questions and Answers. Please add your own query or concern - Murdock

Start of a Facebook series of comments that I thought I would turn into a Reddit 101 of Nexus and to help answer your concerns and questions.
Anna North: I felt like nexus was great until they started talking about forming their own libertarian nation, it really made me question whether they are too ambitious/unrealistic in their goals 😕

strikethrough

Aaron Berghuber: Colin Cantrell (Nexus founder) was on The Crypto Show podcast recently. He describes Nexus as a feeling and a movement. He's a massive scatter brain and has some out there ideas, some of which have merit. An example is a satellite decentralised network. His old man founded Space X with Elon, it's where he gets his rocket and satellite knowledge from. He has a great ideas but lacks focus and some of his views are cult like. It's turned a lot of people away.
Maxwell Conway: I think nexus would be a long way off working if it would work at all. Firstly the rockets have never flown and have a tiny payload. The cube sats are also very small and have limited power. Therefore not great for constantly transmitting ie what you would need for internet. Sounds like they normally use them to collect data which uses less power and burst stream when in perfect alignment to a dish on earth. I have limited knowledge of this stuff. This is just what I have gathered from a friend who works with satellites quite a bit.

strikethrough

Murdock: Anna North, Roger Ver, for all of you that dont know is the original Investor in Bitcoin. Regardless of what he spoke about at the conference, it has no relationship to the Nexus coins idea at all. Nor do any of the other speakers at the conference besides Kierre Reeg, David North (biggest Insurance provider in the world = sedgwick who paid for part of the conference), Colin Cantrell (Nexus founder) and his father Jim Cantrell from Vector Space Systems.
Aaron Berghuber, Colin might appear to be a scatter brain, but if you got the to the bottom of what they are doing, you might realise that he is quite the genius. Cult like is an over exaggeration of your idea of supporters. I would say Cult like behavior is throwing around personal judgement in the intention of holding profits because the idea of Nexus poses a threat to bitcoin (when in fact wants to work along side of it) and all other coins less superior in vision and technology.
Maxwell Conway, You couldnt be further from the facts mate but I will help you out.
Here are an ample amount of videos showing the Vector Space Systems rocket taking off without an issue ;)
-https://www.youtube.com/watch?v=wPRGmjY67c4 -https://www.youtube.com/watch?v=JeLxzteo7wE https://www.youtube.com/watch?v=MlY09YT7Pyo
Last video is Jim Cantrell talking and exhibiting the Vector R rocket at the Kennedy Space Agency.. If that isnt a big feat I dont know what is :) > Either way, the facts speak for themselves and the rocket launches are real and ever more occurring.
The statement on limited functionality also is a misconception. Everything these days is getting smaller and more robust. Satellites are not exempt from that. I would STRONGLY urge you to watch these two videos of Jim Cantrell (who i met in person and is legit the rocket man) explaining how this technology is going to work, and how Galactic Sky (Vectors subsidiary) is going to allow for the hardware capable of running CITRIX (biggest VM platform in the world) On their devices which Nexus protocol will be running on.
(finding videos now - will edit OP)
I must admit, the slack Nexus gets from the community at large just goes to show how little the technology is understood. I wont even go into mentioning the 3D blockchain as lots of peoples ideas on Tokens and Currencies are skewered into false realities. Blockchains are a lateral representation of a distributed ledger. When it backlogs, you all know what happens to the price and ability to move coins around. I am happy to help and or show people "the light" if thats what we want to call it. But i seriously hope people reconsider the "cult" accusations while your only in this game for profits.... (or gainz) if your that way inclined.
The basis for a decentralized internet is not for y'all to watch your porn and do your trading on... Think bigger. Think just enough bandwidth to BEGIN with that one flyover of a Country be it 1hr - 10hrs - 24hrs exposure will give the people below the ability to transact value at the VERY least. The one thing that keeps an economy moving is the ability for the network to not be intercepted, taken down, and or you told as an individual of a minority group cant use this service for X Y & Z.
The Network IN THE FUTURE will be able to handle the bandwidth and the frequencies required for developers to then BUILD on top of with services like Google, Platforms like Apple and Amazon and websites that the average consumer can upload to like I can when i build a wordpress website today.
This is a huge endeavour and some are buying Casino coins to get rich while some are really trying to change the way the world interacts with each other in every instance of the word.
Without a decentralised internet built in space with minimal overheads and ability to connect to the network, mine on the network and never have the worry of it going down ,is paramount in helping bridge a global economy and or ideas. Just depends on your ideas of what the blockchain can do for humanity other than filling up my savings account in fiat which everyone doesnt want in the long run :)

strikethrough

Anna North: Thanks for clarifying Murdock. I’m not trying to be disparaging, but is it fair to assume that if they have big names talking about this stuff at their conference (and going so far as to say they’ve already commenced discussions with governments), that it fits with their overarching vision as an organisation? Don’t get me wrong, I’m drawn to nexus... but where do we differentiate between the things that were discussed at the conference that do have a relationship to their project/coin vs the things discussed at the conference that don’t have a relationship to their project/coin?

strikethrough

Murdock: Anna North It would be fair I concur. However The idea behind the Nexus conference isnt to Shill and or Spam Nexus to the masses. It wants to act like a TED talks idea within the crypto space and that alone. THere is no hidden agenda behind hosting it. Sure, we get some advertising 100%! . But we are also sponsoring it and thats why its called the Nexus Conference.
The definition of Nexus is "a series of connections between two or more things" :) And nexus wants to do that with ideas around the blockchain. I didnt like Roger Ver before the conference, trust me :) I dont even like his Government Idea (its hugely ambitious - more so than Nexus haha) > but he was just a speaker, trying to change a part of the world with his money and ideas and dreams.
Nexus doesnt align itself with any of the speakers other than wanting them to come, talk, mingle and learn essentially.
Peoples ideas on the conference got skewed when people relate this conference, to a conference like NEO where it was 100% neo this NEO that, NEO and Chinese gov. And wanted profits. Unfortunately NXS is down from the conference due to those exact expectations.
Keen to help anyone learn more.

strikethrough

Murdock: Sorry if anyone feels like im being too defensive of Nexus. Ive just had a big week "defending" a project thats truly got a vision without being shortsighted and or built on shitty platforms and code. I dont defend it to hold my portfolio up anymore than its already dropped haha. Im down well over 10 years worth of an avg salary haha but not phased even in the slightest

strikethrough

Anna North: Murdock that must be where I’ve gone wrong, thanks for explaining it. They might benefit from clarifying that more broadly!

strikethrough

Murdock: Not a problem Anna North :) I hope people find some solace if they are down on their investment by reading the above comments.

strikethrough

Aaron Berghuber: I agree he's a genius and the vision is grand. However I have no faith in his leadership and direction after hearing him on that podcast.

strikethrough

Murdock: Fair call. Fortunately for us and everyone involved, the coins vision and or design doesn't need to rely solely on Colin now. In the event he passed away from some freak accident or something we have another 7 developers on board all capable from my understanding of implementing the code base and learning to build on top of it. And because everyone votes on what happens with the future implementations of the product, it remains fair.
Lot of people HATED Steve jobs and his vision and or ability to sell a product to the likes of many. However, Apple changed the world.
Just something to walk away with bro :)

strikethrough

Aaron Berghuber: He was very focused on problem solving and sharing to benefit all crypto which I really appreciate. However I wouldn't invest in a company that freely gives away any competitive advantage.

strikethrough

Murdock: That's a fair point Aaron Berghuber. However I would only take how what he says in the same way Satoshi gave everyone the idea of the blockchain to do with as they please.
I believe Colin's idea behind the 3D blockchain is to do the exact same however provide people with a new set of tools and a new sand pit to build in. There is no need to patent blockchain technology as its still a primitive platform (and ever expanding.) which we all currently use and expect to scale for even a third of the worlds population which it just wont. Nor BTC, Nor ETH and not even Nexus ATM (tritium implements 3D blockchain and its just around the corner) but will soon enough.
Vector Space Systems on the other hand who is really the provider of a lot of our resources now and in the future will patent the shit out of anything and everything they can i assure you. Galactic sky already has 2 patents accepted and plenty more under filing (hence why a lot of the technology explanations wont come from Nexus , but Vector as its "theirs"). Jim Cantrell said to me in person that "we are going to be a money making machine" (we as in Vector ) haha so i can assure you, Elon wont be getting his hands on any of this technology :)

strikethrough

Murdock: I will say also that the 3D blockchain is not forkable so in some way a hard programmed patent?

strikethrough

Chad Ollenburg: Think someone drank too much of the coolaid at the conference.

strikethrough

Murdock: Hell mature for a father... Only here to help people but will continue to do less of that the more I personally get insulted. Shame lol

strikethrough

Reece Griffith: Murdock you articulate your position well, thank you for putting in the time and effort.

strikethrough

Murdock: Appreciated Reece Griffith. Thanks for the kind words.

strikethrough

Maxwell Conway: Sorry Murdock I should be more specific. I mean flown commercially. Is there only this one test launch? Has it reached orbit?

strikethrough

Jared Smith: I still don't really see how the cube sats will be able to transmit data in any meaningful way. Also not sure why they would opt to use these rockets instead of putting the payload on a commercial rocket. I don't really have a comment for any other part of the project, it's just these two things specifically that throw me off big time.

strikethrough

Aaron Berghuber: Jared, think of it as an opt-in emergency network if the internet gets turned off or censored or if using crypto has criminal penalties. You'd still be able to make payments.

strikethrough

Murdock: Maxwell Conway Hey Max, Vector has launched over 3 different sub orbital flights thus far and all being a huge success. Yes it isn't a commercial run nor is it ready JUST yet however the first Low earth orbit launch is in a month I believe And after that I believe its full steam ahead for the crew at Vector.
Also take in to consideration that these rockets are not and will not be designed to go to geosynchronous orbit. LOE (low earth orbit) as that's where Vector is tapping into the market.
Jared Smith, please give me an approx figure as to why you think its cheaper to whack about 8 cube satellites per launch on a commercial rocket ? (let alone if the shitty little project you might be conjuring up, DOESNT meet their requirements as a recommended payload passenger ;) )
The cube satellites without a doubt have the communication abilities to talk to each other. I am no rocket scientist, nor want to be haha. I dont understand the Technology powering satellites at all so I wont even bother to begin to lie to you all but I would urge to watch Jim Cantrell's speeches. If you want to learn, LEARN. If you want to be fed information, well im sorry i cant help with this part.
And Aaron Berghuber you are most definitely correct.
A lot of people not just here have no immediate idea of the way the internet runs today, what runs on the internet and what would happen IF (being key word), the Gov decided to shut down the transcontinental communications lines.... (95% of IP traffic runs through it). Fair enough, but if the internet dropped out world wide tomorrow morning for WHATEVER reason. The world suddenly goes to shit and everyone's left with their hands in their pockets lol...
Please take a read of this article that was released two days ago on the perils of centralised internet. If your in Bitcoin for a quick buck, please dont even take a look at Nexus as it isnt for you. If your in this whole ecosphere as you generally believe the technology will revolutionize the way we transact and exchange value, buy Nexus as its the only logical option among so many shit coins and clones (apparently the best thing to buy ? )

strikethrough

Murdock: http://www.businessinsider.com/mapped-what-internet-censorship-looks-like-around-the-world-2017-10?IR=T

strikethrough

Jared Smith: Murdock you don't pay the whole bill to launch a small payload. A commercial rocket might have dozens of parties footing the bill paying fair ratios depending on the weight and complexity of their payload. It's not just NASA and spaceX that are in the commercial rocket industry...

strikethrough

Aaron Berghuber: During natural disasters like hurricanes, people create mesh networks to link to critical information. Nexus are doing the same before the disaster (censorship, privacy, removal of services).
Colin Cantrell raised a brilliant point that all our tech relies on the internet in its current form and there really aren't that many ISP's. It's an oligopoly and in some instances a monopoly. This can be a big point of failure and huge downstream consequences for us.
I'm not all tin foil hat but I do like options.

strikethrough

Murdock: Still wont cost you $3 million USD lol...
Please take a read of the source below. It still costs an absorbent amount of money. Now lets get into WHY we as a project and Vector as a Company nor need to worry about the prices and "why arent we just using XXXX'"
Vector upon signing the Contract will be given a "Ambassador Key" . How these keys will work are as follows;
Its a given that Vector Space Systems will have an ambassador key so they over time continue to receive a revenue from the transactions happening on the network to further develop and subsidise the rocket launches and costs for Nexus to have a foot in the door with space industry.
In the event Vector wasnt delivering the goods and services that we as a community signed up for and agreed to, the contract would be revoked. The Fee payout to vector would then go into the reserves and or distributed to one of the other 12 Ambassadors or evenly between them.
So in short, Nexus doesn't need to pay millions out of our pockets to launch satellites for everyone else benefit. The network pays for it just like the network pays to keep miners securing the coin which in turn secures your money and the ability to safely rely on the Network at all times.
And at $3M USD for a rocket, that is predominantly 3D printed and efficient as hell, like Jim said "We will be making rockets like sausages". And if you dont know how to take that, absorb it in the sense of manufacturing ability and scale of launches...

strikethrough

Murdock: Exactly that Aaron Berghuber. And its not like Nexus is directly going to replace Bitcoin nor does it aim to do that. Nexus seeks to be that immutable ledge based in space (think boose cruise and gambling cruises) that accounts for EVERY transaction (which ETH and BTC cant do - hence side chains) which wont backlog, which will scale and be efficient and quantum resistant as nothing is quantum proof... That alone is a big thing people need to work their heads around. All it takes is one super computer (that the public may never know about before hand) and see ya later 256bit encryption along with all our private keys and the ability for a Sybil attack to be immediate and effective rendering all cryptos dead

strikethrough

Further Questions are welcome. Please post them in line with how the content above has been laid out to keep it all easy to read. Kind Regards, Murdock

strikethrough

Question 1:
submitted by murdockie1992 to nexusearth [link] [comments]

SPECTACULAR NUMBERS

Watching Wall Street boast its best start to a year in over a decade, investors are turning their focus to the fourth quarter earnings season, with results beginning to trickle in this week. Traders are focusing on the recent U.S. tax overhaul, which could provide breathtaking numbers, but it will not affect stock prices much.
ECONOMIES
German factory orders in Europe's biggest economy slipped by 0.4% in November after three months of gains. The dip was largely due to fluctuations in bulk orders but the overall trend remains positive. China's forex reserves posted an eleventh straight monthly increase in December, $20.7B, taking the full-year increase of the world's largest foreign-currency stockpile to $129B.
The FED should raise interest rates three times this year, given the already strong economy will get a boost from tax cuts.
ARAMCO’s 5% IS FOR SALE
Aligning its strategy with peers, Exxon Mobil (XOM) and Chevron (CVX), CEO Ben van Beurden said that growth of competitor Shell's (RDS.A) oil and gas operations in the next decade will depend on shale production. On what else?! Candies? What a discovery! Saudi Aramco and some of the kingdom's biggest companies said they'll pay Saudi staff more money, matching a royal order amid rising prices. Saudi Arabia seeks to sell as much as 5% of Aramco.
CRYPTO
The SEC has received a request to allow five bitcoin-related ETFs to be listed on Arca, a secondary marketplace on the NYSE. The instruments, are not tied to the price of the cryptocurrency itself, but would track bitcoin futures.
AT&T BACKS DOWN
AT&T (T) is backing away from a plan to sell phones made by Chinese handset giant Huawei, on the eve of a big announcement of the deal. The deal that Huawei was set to announce tomorrow would have been its first partnership with a major U.S. carrier, but AT&T has changed its mind. So far it is not clear why AT&T backed down, but there are two issues occur. Are Huawei's phones carry spyware? Is it because the US wants to have domestic competition? At one point we’ll have the answer.
THERE ARE NO JEDIS IN CHINA
$36 million in third-week grosses, Jumanji: Welcome to the Jungle (Sony) finally toppled Star Wars: The Last Jedi (Disney) from the top of the box-office charts. Disney made an impressive $1.2 billion, but it is far from the estimated $2 billion. It seems that China has no Jedis, the movie made only 26% of expectations in the country. The Force is weak in China.
NVIDIA, VOLKSWAGEN, UBER, AI
Making further gains in the autonomous vehicle industry, Nvidia (NVDA) is partnering with Uber and Volkswagen on AI platforms. So far, 320 companies involved in self-driving cars - whether software developers, automakers, or sensor and mapping companies - are using Nvidia Drive, formerly branded as the Drive PX2, proven that there is more than cryptomining to the company!
WHIRLPOOL KICKS OFF CES2018
Apple (AAPL) Watch users will soon have the ability to control Whirlpool (WHR) appliances through the wearable. Whirlpool announced the development at CES and said the compatibility would come later this year to 20 connected appliances. Whirlpool says Amazon (AMZN) Alexa and Google (GOOGC) Assistant voice controls will also arrive in 2018.
SPACEX - THE FIRST LAUNCH OF 2018
SpaceX successfully launched a secret U.S. government payload called Zuma on Sunday and landed its rocket back on Earth. The Falcon 9 powered a spacecraft made by Northrop Grumman, which was sent into low-Earth orbit. SpaceX is now looking towards its next challenge, launching the Falcon Heavy - its largest rocket to date - at the end of January, meanwhile Tesla’s stock price soared higher.
#DAILY PICK
Amazon (AMZN) Alexa Onboard was introduced yesterday. Another green day.
Electronic Arts (EA) is upgraded to Buy, new PT is $130.
Applied Materials (AMAT) also got an upgrade, double bottom formed, ready to rock!
Johnson & Johnson (JNJ) had great presentation at JPM Healthcare conference. Climbing steady.
PayPal (PYPL) one day transfer, instant debit card transfer. Smells like blockchain integration. But who cares?! $86 on the way. Tight stop people!
FX WORLD
Not a lot happened on Monday, mostly momentum trading was possible. It doesn’t seem to be busy today either, still look for the correct entry points! The EURUSD initially took off to the upside, then broke down to the 1.20 area. 1.19 offers support, where the pair can find buyers and clear the 1.21 level. The GBPUSD didn’t do a lot, which is a sign that it is trying to break out. 1.365 offers resistance, if we break above, the pair will aim higher. 1.3333 is supportive underneath. The USDJPY did a lot of back and forth move during Monday, but couldn’t clear 113.5. Expect pull backs, which will offer good entry points, the pair eventually will break out on top! 112 is kind of an absolut floor.
TODAY’s MARKET
In Asia ASX200 +0.13% (6,130.3) HANG SHENG +0.11% (30,869) NIKKEI +0.99% (23,849.5) SHANGHAI +0.52% (4,178.5) In Europe DAX30 +0.36% (13,367.78) FTSE100 -0.36% (7,696.5) BUX +0.27% (40,1.4) CAC40 +0.30% (5,487.4) In US Dow -0.05% (25,283) S&P500 +0.17% (2,747.7) NASDAQ +0.29% (7,157.4) Crude +0.12% ($62.21) Gold -0.10% ($1,319.05) Today's Economic Calendar CHF - Unemployment rate EUR - German trade balance EUR - French trade balance EUR - Unemployment rate USD - JOLTS job openings
Check our blog for more information: https://www.gtc.news/single-post/DT18009EN

GTC #GTCnews #daily #dailynews #GTCdailythread #followus #dailypick #forexworld

submitted by GTCnews to InvestCrypto [link] [comments]

SPECTACULAR NUMBERS

Watching Wall Street boast its best start to a year in over a decade, investors are turning their focus to the fourth quarter earnings season, with results beginning to trickle in this week. Traders are focusing on the recent U.S. tax overhaul, which could provide breathtaking numbers, but it will not affect stock prices much.
ECONOMIES
German factory orders in Europe's biggest economy slipped by 0.4% in November after three months of gains. The dip was largely due to fluctuations in bulk orders but the overall trend remains positive. China's forex reserves posted an eleventh straight monthly increase in December, $20.7B, taking the full-year increase of the world's largest foreign-currency stockpile to $129B.
The FED should raise interest rates three times this year, given the already strong economy will get a boost from tax cuts.
ARAMCO’s 5% IS FOR SALE
Aligning its strategy with peers, Exxon Mobil (XOM) and Chevron (CVX), CEO Ben van Beurden said that growth of competitor Shell's (RDS.A) oil and gas operations in the next decade will depend on shale production. On what else?! Candies? What a discovery! Saudi Aramco and some of the kingdom's biggest companies said they'll pay Saudi staff more money, matching a royal order amid rising prices. Saudi Arabia seeks to sell as much as 5% of Aramco.
CRYPTO
The SEC has received a request to allow five bitcoin-related ETFs to be listed on Arca, a secondary marketplace on the NYSE. The instruments, are not tied to the price of the cryptocurrency itself, but would track bitcoin futures.
AT&T BACKS DOWN
AT&T (T) is backing away from a plan to sell phones made by Chinese handset giant Huawei, on the eve of a big announcement of the deal. The deal that Huawei was set to announce tomorrow would have been its first partnership with a major U.S. carrier, but AT&T has changed its mind. So far it is not clear why AT&T backed down, but there are two issues occur. Are Huawei's phones carry spyware? Is it because the US wants to have domestic competition? At one point we’ll have the answer.
THERE ARE NO JEDIS IN CHINA
$36 million in third-week grosses, Jumanji: Welcome to the Jungle (Sony) finally toppled Star Wars: The Last Jedi (Disney) from the top of the box-office charts. Disney made an impressive $1.2 billion, but it is far from the estimated $2 billion. It seems that China has no Jedis, the movie made only 26% of expectations in the country. The Force is weak in China.
NVIDIA, VOLKSWAGEN, UBER, AI
Making further gains in the autonomous vehicle industry, Nvidia (NVDA) is partnering with Uber and Volkswagen on AI platforms. So far, 320 companies involved in self-driving cars - whether software developers, automakers, or sensor and mapping companies - are using Nvidia Drive, formerly branded as the Drive PX2, proven that there is more than cryptomining to the company!
WHIRLPOOL KICKS OFF CES2018
Apple (AAPL) Watch users will soon have the ability to control Whirlpool (WHR) appliances through the wearable. Whirlpool announced the development at CES and said the compatibility would come later this year to 20 connected appliances. Whirlpool says Amazon (AMZN) Alexa and Google (GOOGC) Assistant voice controls will also arrive in 2018.
SPACEX - THE FIRST LAUNCH OF 2018
SpaceX successfully launched a secret U.S. government payload called Zuma on Sunday and landed its rocket back on Earth. The Falcon 9 powered a spacecraft made by Northrop Grumman, which was sent into low-Earth orbit. SpaceX is now looking towards its next challenge, launching the Falcon Heavy - its largest rocket to date - at the end of January, meanwhile Tesla’s stock price soared higher.
#DAILY PICK
Amazon (AMZN) Alexa Onboard was introduced yesterday. Another green day.
Electronic Arts (EA) is upgraded to Buy, new PT is $130.
Applied Materials (AMAT) also got an upgrade, double bottom formed, ready to rock!
Johnson & Johnson (JNJ) had great presentation at JPM Healthcare conference. Climbing steady.
PayPal (PYPL) one day transfer, instant debit card transfer. Smells like blockchain integration. But who cares?! $86 on the way. Tight stop people!
FX WORLD
Not a lot happened on Monday, mostly momentum trading was possible. It doesn’t seem to be busy today either, still look for the correct entry points! The EURUSD initially took off to the upside, then broke down to the 1.20 area. 1.19 offers support, where the pair can find buyers and clear the 1.21 level. The GBPUSD didn’t do a lot, which is a sign that it is trying to break out. 1.365 offers resistance, if we break above, the pair will aim higher. 1.3333 is supportive underneath. The USDJPY did a lot of back and forth move during Monday, but couldn’t clear 113.5. Expect pull backs, which will offer good entry points, the pair eventually will break out on top! 112 is kind of an absolut floor.
TODAY’s MARKET
In Asia ASX200 +0.13% (6,130.3) HANG SHENG +0.11% (30,869) NIKKEI +0.99% (23,849.5) SHANGHAI +0.52% (4,178.5) In Europe DAX30 +0.36% (13,367.78) FTSE100 -0.36% (7,696.5) BUX +0.27% (40,1.4) CAC40 +0.30% (5,487.4) In US Dow -0.05% (25,283) S&P500 +0.17% (2,747.7) NASDAQ +0.29% (7,157.4) Crude +0.12% ($62.21) Gold -0.10% ($1,319.05) Today's Economic Calendar CHF - Unemployment rate EUR - German trade balance EUR - French trade balance EUR - Unemployment rate USD - JOLTS job openings
Check our blog for more information: https://www.gtc.news/single-post/DT18009EN

GTC #GTCnews #daily #dailynews #GTCdailythread #followus #dailypick #forexworld

submitted by GTCnews to InvestmentBanking123 [link] [comments]

SPECTACULAR NUMBERS

Watching Wall Street boast its best start to a year in over a decade, investors are turning their focus to the fourth quarter earnings season, with results beginning to trickle in this week. Traders are focusing on the recent U.S. tax overhaul, which could provide breathtaking numbers, but it will not affect stock prices much.
ECONOMIES
German factory orders in Europe's biggest economy slipped by 0.4% in November after three months of gains. The dip was largely due to fluctuations in bulk orders but the overall trend remains positive. China's forex reserves posted an eleventh straight monthly increase in December, $20.7B, taking the full-year increase of the world's largest foreign-currency stockpile to $129B.
The FED should raise interest rates three times this year, given the already strong economy will get a boost from tax cuts.
ARAMCO’s 5% IS FOR SALE
Aligning its strategy with peers, Exxon Mobil (XOM) and Chevron (CVX), CEO Ben van Beurden said that growth of competitor Shell's (RDS.A) oil and gas operations in the next decade will depend on shale production. On what else?! Candies? What a discovery! Saudi Aramco and some of the kingdom's biggest companies said they'll pay Saudi staff more money, matching a royal order amid rising prices. Saudi Arabia seeks to sell as much as 5% of Aramco.
CRYPTO
The SEC has received a request to allow five bitcoin-related ETFs to be listed on Arca, a secondary marketplace on the NYSE. The instruments, are not tied to the price of the cryptocurrency itself, but would track bitcoin futures.
AT&T BACKS DOWN
AT&T (T) is backing away from a plan to sell phones made by Chinese handset giant Huawei, on the eve of a big announcement of the deal. The deal that Huawei was set to announce tomorrow would have been its first partnership with a major U.S. carrier, but AT&T has changed its mind. So far it is not clear why AT&T backed down, but there are two issues occur. Are Huawei's phones carry spyware? Is it because the US wants to have domestic competition? At one point we’ll have the answer.
THERE ARE NO JEDIS IN CHINA
$36 million in third-week grosses, Jumanji: Welcome to the Jungle (Sony) finally toppled Star Wars: The Last Jedi (Disney) from the top of the box-office charts. Disney made an impressive $1.2 billion, but it is far from the estimated $2 billion. It seems that China has no Jedis, the movie made only 26% of expectations in the country. The Force is weak in China.
NVIDIA, VOLKSWAGEN, UBER, AI
Making further gains in the autonomous vehicle industry, Nvidia (NVDA) is partnering with Uber and Volkswagen on AI platforms. So far, 320 companies involved in self-driving cars - whether software developers, automakers, or sensor and mapping companies - are using Nvidia Drive, formerly branded as the Drive PX2, proven that there is more than cryptomining to the company!
WHIRLPOOL KICKS OFF CES2018
Apple (AAPL) Watch users will soon have the ability to control Whirlpool (WHR) appliances through the wearable. Whirlpool announced the development at CES and said the compatibility would come later this year to 20 connected appliances. Whirlpool says Amazon (AMZN) Alexa and Google (GOOGC) Assistant voice controls will also arrive in 2018.
SPACEX - THE FIRST LAUNCH OF 2018
SpaceX successfully launched a secret U.S. government payload called Zuma on Sunday and landed its rocket back on Earth. The Falcon 9 powered a spacecraft made by Northrop Grumman, which was sent into low-Earth orbit. SpaceX is now looking towards its next challenge, launching the Falcon Heavy - its largest rocket to date - at the end of January, meanwhile Tesla’s stock price soared higher.
#DAILY PICK
Amazon (AMZN) Alexa Onboard was introduced yesterday. Another green day.
Electronic Arts (EA) is upgraded to Buy, new PT is $130.
Applied Materials (AMAT) also got an upgrade, double bottom formed, ready to rock!
Johnson & Johnson (JNJ) had great presentation at JPM Healthcare conference. Climbing steady.
PayPal (PYPL) one day transfer, instant debit card transfer. Smells like blockchain integration. But who cares?! $86 on the way. Tight stop people!
FX WORLD
Not a lot happened on Monday, mostly momentum trading was possible. It doesn’t seem to be busy today either, still look for the correct entry points! The EURUSD initially took off to the upside, then broke down to the 1.20 area. 1.19 offers support, where the pair can find buyers and clear the 1.21 level. The GBPUSD didn’t do a lot, which is a sign that it is trying to break out. 1.365 offers resistance, if we break above, the pair will aim higher. 1.3333 is supportive underneath. The USDJPY did a lot of back and forth move during Monday, but couldn’t clear 113.5. Expect pull backs, which will offer good entry points, the pair eventually will break out on top! 112 is kind of an absolut floor.
TODAY’s MARKET
In Asia ASX200 +0.13% (6,130.3) HANG SHENG +0.11% (30,869) NIKKEI +0.99% (23,849.5) SHANGHAI +0.52% (4,178.5) In Europe DAX30 +0.36% (13,367.78) FTSE100 -0.36% (7,696.5) BUX +0.27% (40,1.4) CAC40 +0.30% (5,487.4) In US Dow -0.05% (25,283) S&P500 +0.17% (2,747.7) NASDAQ +0.29% (7,157.4) Crude +0.12% ($62.21) Gold -0.10% ($1,319.05) Today's Economic Calendar CHF - Unemployment rate EUR - German trade balance EUR - French trade balance EUR - Unemployment rate USD - JOLTS job openings
Check our blog for more information: https://www.gtc.news/single-post/DT18009EN

GTC #GTCnews #daily #dailynews #GTCdailythread #followus #dailypick #forexworld

submitted by GTCnews to InvestInme [link] [comments]

SPECTACULAR NUMBERS

Watching Wall Street boast its best start to a year in over a decade, investors are turning their focus to the fourth quarter earnings season, with results beginning to trickle in this week. Traders are focusing on the recent U.S. tax overhaul, which could provide breathtaking numbers, but it will not affect stock prices much.
ECONOMIES
German factory orders in Europe's biggest economy slipped by 0.4% in November after three months of gains. The dip was largely due to fluctuations in bulk orders but the overall trend remains positive. China's forex reserves posted an eleventh straight monthly increase in December, $20.7B, taking the full-year increase of the world's largest foreign-currency stockpile to $129B.
The FED should raise interest rates three times this year, given the already strong economy will get a boost from tax cuts.
ARAMCO’s 5% IS FOR SALE
Aligning its strategy with peers, Exxon Mobil (XOM) and Chevron (CVX), CEO Ben van Beurden said that growth of competitor Shell's (RDS.A) oil and gas operations in the next decade will depend on shale production. On what else?! Candies? What a discovery! Saudi Aramco and some of the kingdom's biggest companies said they'll pay Saudi staff more money, matching a royal order amid rising prices. Saudi Arabia seeks to sell as much as 5% of Aramco.
CRYPTO
The SEC has received a request to allow five bitcoin-related ETFs to be listed on Arca, a secondary marketplace on the NYSE. The instruments, are not tied to the price of the cryptocurrency itself, but would track bitcoin futures.
AT&T BACKS DOWN
AT&T (T) is backing away from a plan to sell phones made by Chinese handset giant Huawei, on the eve of a big announcement of the deal. The deal that Huawei was set to announce tomorrow would have been its first partnership with a major U.S. carrier, but AT&T has changed its mind. So far it is not clear why AT&T backed down, but there are two issues occur. Are Huawei's phones carry spyware? Is it because the US wants to have domestic competition? At one point we’ll have the answer.
THERE ARE NO JEDIS IN CHINA
$36 million in third-week grosses, Jumanji: Welcome to the Jungle (Sony) finally toppled Star Wars: The Last Jedi (Disney) from the top of the box-office charts. Disney made an impressive $1.2 billion, but it is far from the estimated $2 billion. It seems that China has no Jedis, the movie made only 26% of expectations in the country. The Force is weak in China.
NVIDIA, VOLKSWAGEN, UBER, AI
Making further gains in the autonomous vehicle industry, Nvidia (NVDA) is partnering with Uber and Volkswagen on AI platforms. So far, 320 companies involved in self-driving cars - whether software developers, automakers, or sensor and mapping companies - are using Nvidia Drive, formerly branded as the Drive PX2, proven that there is more than cryptomining to the company!
WHIRLPOOL KICKS OFF CES2018
Apple (AAPL) Watch users will soon have the ability to control Whirlpool (WHR) appliances through the wearable. Whirlpool announced the development at CES and said the compatibility would come later this year to 20 connected appliances. Whirlpool says Amazon (AMZN) Alexa and Google (GOOGC) Assistant voice controls will also arrive in 2018.
SPACEX - THE FIRST LAUNCH OF 2018
SpaceX successfully launched a secret U.S. government payload called Zuma on Sunday and landed its rocket back on Earth. The Falcon 9 powered a spacecraft made by Northrop Grumman, which was sent into low-Earth orbit. SpaceX is now looking towards its next challenge, launching the Falcon Heavy - its largest rocket to date - at the end of January, meanwhile Tesla’s stock price soared higher.
#DAILY PICK
Amazon (AMZN) Alexa Onboard was introduced yesterday. Another green day.
Electronic Arts (EA) is upgraded to Buy, new PT is $130.
Applied Materials (AMAT) also got an upgrade, double bottom formed, ready to rock!
Johnson & Johnson (JNJ) had great presentation at JPM Healthcare conference. Climbing steady.
PayPal (PYPL) one day transfer, instant debit card transfer. Smells like blockchain integration. But who cares?! $86 on the way. Tight stop people!
FX WORLD
Not a lot happened on Monday, mostly momentum trading was possible. It doesn’t seem to be busy today either, still look for the correct entry points! The EURUSD initially took off to the upside, then broke down to the 1.20 area. 1.19 offers support, where the pair can find buyers and clear the 1.21 level. The GBPUSD didn’t do a lot, which is a sign that it is trying to break out. 1.365 offers resistance, if we break above, the pair will aim higher. 1.3333 is supportive underneath. The USDJPY did a lot of back and forth move during Monday, but couldn’t clear 113.5. Expect pull backs, which will offer good entry points, the pair eventually will break out on top! 112 is kind of an absolut floor.
TODAY’s MARKET
In Asia ASX200 +0.13% (6,130.3) HANG SHENG +0.11% (30,869) NIKKEI +0.99% (23,849.5) SHANGHAI +0.52% (4,178.5) In Europe DAX30 +0.36% (13,367.78) FTSE100 -0.36% (7,696.5) BUX +0.27% (40,1.4) CAC40 +0.30% (5,487.4) In US Dow -0.05% (25,283) S&P500 +0.17% (2,747.7) NASDAQ +0.29% (7,157.4) Crude +0.12% ($62.21) Gold -0.10% ($1,319.05) Today's Economic Calendar CHF - Unemployment rate EUR - German trade balance EUR - French trade balance EUR - Unemployment rate USD - JOLTS job openings
Check our blog for more information: https://www.gtc.news/single-post/DT18009EN

GTC #GTCnews #daily #dailynews #GTCdailythread #followus #dailypick #forexworld

submitted by GTCnews to InvestInIdeas [link] [comments]

SPECTACULAR NUMBERS

Watching Wall Street boast its best start to a year in over a decade, investors are turning their focus to the fourth quarter earnings season, with results beginning to trickle in this week. Traders are focusing on the recent U.S. tax overhaul, which could provide breathtaking numbers, but it will not affect stock prices much.
ECONOMIES
German factory orders in Europe's biggest economy slipped by 0.4% in November after three months of gains. The dip was largely due to fluctuations in bulk orders but the overall trend remains positive. China's forex reserves posted an eleventh straight monthly increase in December, $20.7B, taking the full-year increase of the world's largest foreign-currency stockpile to $129B.
The FED should raise interest rates three times this year, given the already strong economy will get a boost from tax cuts.
ARAMCO’s 5% IS FOR SALE
Aligning its strategy with peers, Exxon Mobil (XOM) and Chevron (CVX), CEO Ben van Beurden said that growth of competitor Shell's (RDS.A) oil and gas operations in the next decade will depend on shale production. On what else?! Candies? What a discovery! Saudi Aramco and some of the kingdom's biggest companies said they'll pay Saudi staff more money, matching a royal order amid rising prices. Saudi Arabia seeks to sell as much as 5% of Aramco.
CRYPTO
The SEC has received a request to allow five bitcoin-related ETFs to be listed on Arca, a secondary marketplace on the NYSE. The instruments, are not tied to the price of the cryptocurrency itself, but would track bitcoin futures.
AT&T BACKS DOWN
AT&T (T) is backing away from a plan to sell phones made by Chinese handset giant Huawei, on the eve of a big announcement of the deal. The deal that Huawei was set to announce tomorrow would have been its first partnership with a major U.S. carrier, but AT&T has changed its mind. So far it is not clear why AT&T backed down, but there are two issues occur. Are Huawei's phones carry spyware? Is it because the US wants to have domestic competition? At one point we’ll have the answer.
THERE ARE NO JEDIS IN CHINA
$36 million in third-week grosses, Jumanji: Welcome to the Jungle (Sony) finally toppled Star Wars: The Last Jedi (Disney) from the top of the box-office charts. Disney made an impressive $1.2 billion, but it is far from the estimated $2 billion. It seems that China has no Jedis, the movie made only 26% of expectations in the country. The Force is weak in China.
NVIDIA, VOLKSWAGEN, UBER, AI
Making further gains in the autonomous vehicle industry, Nvidia (NVDA) is partnering with Uber and Volkswagen on AI platforms. So far, 320 companies involved in self-driving cars - whether software developers, automakers, or sensor and mapping companies - are using Nvidia Drive, formerly branded as the Drive PX2, proven that there is more than cryptomining to the company!
WHIRLPOOL KICKS OFF CES2018
Apple (AAPL) Watch users will soon have the ability to control Whirlpool (WHR) appliances through the wearable. Whirlpool announced the development at CES and said the compatibility would come later this year to 20 connected appliances. Whirlpool says Amazon (AMZN) Alexa and Google (GOOGC) Assistant voice controls will also arrive in 2018.
SPACEX - THE FIRST LAUNCH OF 2018
SpaceX successfully launched a secret U.S. government payload called Zuma on Sunday and landed its rocket back on Earth. The Falcon 9 powered a spacecraft made by Northrop Grumman, which was sent into low-Earth orbit. SpaceX is now looking towards its next challenge, launching the Falcon Heavy - its largest rocket to date - at the end of January, meanwhile Tesla’s stock price soared higher.
#DAILY PICK
Amazon (AMZN) Alexa Onboard was introduced yesterday. Another green day.
Electronic Arts (EA) is upgraded to Buy, new PT is $130.
Applied Materials (AMAT) also got an upgrade, double bottom formed, ready to rock!
Johnson & Johnson (JNJ) had great presentation at JPM Healthcare conference. Climbing steady.
PayPal (PYPL) one day transfer, instant debit card transfer. Smells like blockchain integration. But who cares?! $86 on the way. Tight stop people!
FX WORLD
Not a lot happened on Monday, mostly momentum trading was possible. It doesn’t seem to be busy today either, still look for the correct entry points! The EURUSD initially took off to the upside, then broke down to the 1.20 area. 1.19 offers support, where the pair can find buyers and clear the 1.21 level. The GBPUSD didn’t do a lot, which is a sign that it is trying to break out. 1.365 offers resistance, if we break above, the pair will aim higher. 1.3333 is supportive underneath. The USDJPY did a lot of back and forth move during Monday, but couldn’t clear 113.5. Expect pull backs, which will offer good entry points, the pair eventually will break out on top! 112 is kind of an absolut floor.
TODAY’s MARKET
In Asia ASX200 +0.13% (6,130.3) HANG SHENG +0.11% (30,869) NIKKEI +0.99% (23,849.5) SHANGHAI +0.52% (4,178.5) In Europe DAX30 +0.36% (13,367.78) FTSE100 -0.36% (7,696.5) BUX +0.27% (40,1.4) CAC40 +0.30% (5,487.4) In US Dow -0.05% (25,283) S&P500 +0.17% (2,747.7) NASDAQ +0.29% (7,157.4) Crude +0.12% ($62.21) Gold -0.10% ($1,319.05) Today's Economic Calendar CHF - Unemployment rate EUR - German trade balance EUR - French trade balance EUR - Unemployment rate USD - JOLTS job openings
Check our blog for more information: https://www.gtc.news/single-post/DT18009EN

GTC #GTCnews #daily #dailynews #GTCdailythread #followus #dailypick #forexworld

submitted by GTCnews to investing_discussion [link] [comments]

SPECTACULAR NUMBERS

Watching Wall Street boast its best start to a year in over a decade, investors are turning their focus to the fourth quarter earnings season, with results beginning to trickle in this week. Traders are focusing on the recent U.S. tax overhaul, which could provide breathtaking numbers, but it will not affect stock prices much.
ECONOMIES
German factory orders in Europe's biggest economy slipped by 0.4% in November after three months of gains. The dip was largely due to fluctuations in bulk orders but the overall trend remains positive. China's forex reserves posted an eleventh straight monthly increase in December, $20.7B, taking the full-year increase of the world's largest foreign-currency stockpile to $129B.
The FED should raise interest rates three times this year, given the already strong economy will get a boost from tax cuts.
ARAMCO’s 5% IS FOR SALE
Aligning its strategy with peers, Exxon Mobil (XOM) and Chevron (CVX), CEO Ben van Beurden said that growth of competitor Shell's (RDS.A) oil and gas operations in the next decade will depend on shale production. On what else?! Candies? What a discovery! Saudi Aramco and some of the kingdom's biggest companies said they'll pay Saudi staff more money, matching a royal order amid rising prices. Saudi Arabia seeks to sell as much as 5% of Aramco.
CRYPTO
The SEC has received a request to allow five bitcoin-related ETFs to be listed on Arca, a secondary marketplace on the NYSE. The instruments, are not tied to the price of the cryptocurrency itself, but would track bitcoin futures.
AT&T BACKS DOWN
AT&T (T) is backing away from a plan to sell phones made by Chinese handset giant Huawei, on the eve of a big announcement of the deal. The deal that Huawei was set to announce tomorrow would have been its first partnership with a major U.S. carrier, but AT&T has changed its mind. So far it is not clear why AT&T backed down, but there are two issues occur. Are Huawei's phones carry spyware? Is it because the US wants to have domestic competition? At one point we’ll have the answer.
THERE ARE NO JEDIS IN CHINA
$36 million in third-week grosses, Jumanji: Welcome to the Jungle (Sony) finally toppled Star Wars: The Last Jedi (Disney) from the top of the box-office charts. Disney made an impressive $1.2 billion, but it is far from the estimated $2 billion. It seems that China has no Jedis, the movie made only 26% of expectations in the country. The Force is weak in China.
NVIDIA, VOLKSWAGEN, UBER, AI
Making further gains in the autonomous vehicle industry, Nvidia (NVDA) is partnering with Uber and Volkswagen on AI platforms. So far, 320 companies involved in self-driving cars - whether software developers, automakers, or sensor and mapping companies - are using Nvidia Drive, formerly branded as the Drive PX2, proven that there is more than cryptomining to the company!
WHIRLPOOL KICKS OFF CES2018
Apple (AAPL) Watch users will soon have the ability to control Whirlpool (WHR) appliances through the wearable. Whirlpool announced the development at CES and said the compatibility would come later this year to 20 connected appliances. Whirlpool says Amazon (AMZN) Alexa and Google (GOOGC) Assistant voice controls will also arrive in 2018.
SPACEX - THE FIRST LAUNCH OF 2018
SpaceX successfully launched a secret U.S. government payload called Zuma on Sunday and landed its rocket back on Earth. The Falcon 9 powered a spacecraft made by Northrop Grumman, which was sent into low-Earth orbit. SpaceX is now looking towards its next challenge, launching the Falcon Heavy - its largest rocket to date - at the end of January, meanwhile Tesla’s stock price soared higher.
#DAILY PICK
Amazon (AMZN) Alexa Onboard was introduced yesterday. Another green day.
Electronic Arts (EA) is upgraded to Buy, new PT is $130.
Applied Materials (AMAT) also got an upgrade, double bottom formed, ready to rock!
Johnson & Johnson (JNJ) had great presentation at JPM Healthcare conference. Climbing steady.
PayPal (PYPL) one day transfer, instant debit card transfer. Smells like blockchain integration. But who cares?! $86 on the way. Tight stop people!
FX WORLD
Not a lot happened on Monday, mostly momentum trading was possible. It doesn’t seem to be busy today either, still look for the correct entry points! The EURUSD initially took off to the upside, then broke down to the 1.20 area. 1.19 offers support, where the pair can find buyers and clear the 1.21 level. The GBPUSD didn’t do a lot, which is a sign that it is trying to break out. 1.365 offers resistance, if we break above, the pair will aim higher. 1.3333 is supportive underneath. The USDJPY did a lot of back and forth move during Monday, but couldn’t clear 113.5. Expect pull backs, which will offer good entry points, the pair eventually will break out on top! 112 is kind of an absolut floor.
TODAY’s MARKET
In Asia ASX200 +0.13% (6,130.3) HANG SHENG +0.11% (30,869) NIKKEI +0.99% (23,849.5) SHANGHAI +0.52% (4,178.5) In Europe DAX30 +0.36% (13,367.78) FTSE100 -0.36% (7,696.5) BUX +0.27% (40,1.4) CAC40 +0.30% (5,487.4) In US Dow -0.05% (25,283) S&P500 +0.17% (2,747.7) NASDAQ +0.29% (7,157.4) Crude +0.12% ($62.21) Gold -0.10% ($1,319.05) Today's Economic Calendar CHF - Unemployment rate EUR - German trade balance EUR - French trade balance EUR - Unemployment rate USD - JOLTS job openings
Check our blog for more information: https://www.gtc.news/single-post/DT18009EN

GTC #GTCnews #daily #dailynews #GTCdailythread #followus #dailypick #forexworld

submitted by GTCnews to STOCKMARKETNEWS [link] [comments]

Breaking Bitcoin LIVE Market Analysis- BTC Continuation, ENJ & BCN Big Movers, FX Markets! BITCOIN DIE $50000 PROGNOSE Notice: Bitcoin & Bitcoin Cash, Definition of The Bitcoin price crash: oh god is it over? (btc usd) Bitcoin: Divergenzen und weiterer Unsinn, Teil 2

USD. Currencies. Cryptocurrencies. BTC Bitcoin. ETH Ether. LTC Litecoin. BCH Bitcoin Cash. BNB Binance Coin. EOS EOS. XRP XRP. XLM Lumens. LINK Chainlink. DOT Polkadot. YFI Yearn.finance . Suggested Currencies. USD US Dollar. IDR Indonesian Rupiah. TWD New Taiwan Dollar. EUR Euro. KRW South Korean Won. JPY Japanese Yen. RUB Russian Ruble. CNY Chinese Yuan. Fiat Currencies. AED United Arab ... Orbitcoin (ORB) current price and details - USD. Existing circulation, market capitalization, volume of transactions and more details of Orbitcoin. Orbitcoin price today is $0.144044 USD with a 24-hour trading volume of not available. Orbitcoin is up 0.58% in the last 24 hours. The current CoinMarketCap ranking is #1591, with a market cap of $463,910 USD. It has a circulating supply of 3,220,616 ORB coins and a max. supply of 3,770,000 ORB coins. You can find the top exchanges to trade Orbitcoin listed on our Orbit crypto exchange will process retailers real time payments , e-Payment wallet will be created . Orbit while concerning Retailers payments solution , it helps consumers to pay their bills, online shopping , through their own or partners ERC20 wallets. Orbit will be accepted by PayPal, visa card, master card, American express, Orbitcoin - US Dollar Kurs-Chart (ORB/USD) Der heutige Umrechnungskurs von Orbitcoin in USD beträgt $0,148514. Es gibt derzeit eine Gesamtanzahl von 0 Kryptowährungen und das gehandelte Gesamtvolumen beträgt $24,36.

[index] [26893] [7045] [17022] [49862] [35626] [19608] [47560] [4727] [8617] [16271]

Breaking Bitcoin LIVE Market Analysis- BTC Continuation, ENJ & BCN Big Movers, FX Markets!

Außerdem ist es einem Bitcoin Wal gelungen 420 Millionen Dollar mit 4 Cent Transaktionsgebühren zu verschicken. Wie das ging, erfahrt ihr in diesem Video! Wie das ging, erfahrt ihr in diesem Video! EUR/USD -die relative Schwäche ... Crypto Insider Believes Regulation Is Bullish For Bitcoin CNBC - Duration: 7:51. CNBC 16,010 views. 7:51. How SpaceX and Boeing will get Astronauts to the ISS ... Astronauts' on-orbit tour of SpaceX Crew Dragon ‘Endeavour' includes ‘zero-g ... Pending: U.S. Debt Ceiling Limit = Catastrophic for USD (Good for Bitcoin Holders) - Duration: 42:53. Minting ... Thanks for watching ! SUBSCRIBE to receive more videos for free. Bitcoin price crash: oh god is it over? (btc usd) 52 This morning the crypto market crashed, and masses of traders sold their ... Der Bitcoin-Preis nimmt die eminente Hürde bei 6.800. Was kommt als nächstes? Lernen Sie unser Trading-System im Rahmen eines 6-monatigen Mentor-Programms ke...

#