Thank You NYC Dev Team!

Thank You NYC Dev Team!
Source: Forum reddit.com/r/cryptocurrency

In January 2018, NYC finally got noticed. A worldwide, decentralized group of developers joined the NYC Community and began updating the aging code, nodes and wallets. NYC has begun attracting high-caliber tech talent from Fortune 100 Companies recently. After nearly 4 years of stagnant development, the NYC Devs have completed core wallet updates, updated nodes, developed Electrum NYC wallets and are currently in the process of implementing a fork to update network security (protect against 51% attacks) and begin block reward halving. The future is bright for NYC. submitted by /u/hivewalletvictim [link] [comments]

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What is Bitcoin’s answer to the potential scarcity caused by forgotten/lost Bitcoins?

What is Bitcoin’s answer to the potential scarcity caused by forgotten/lost Bitcoins?
Source: Forum reddit.com/r/bitcoin

With such heavy security it must be very difficult, if even possible, to recover lost Bitcoins, and from what I understand there is a realistically finite amount of them and there is no agency that can produce more or add to that maximum. What happens when someone forgets their wallet info, or someone in possession of Bitcoins dies? Are those coins lost forever? If so, how is this currency supposed to last more than a few decades? submitted by /u/axypaxy [link] [comments]

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Completely confused by Bitmex’s interface

Completely confused by Bitmex’s interface
Source: Forum reddit.com/r/bitcoinmarkets

I think I’ve made a mistake. Luckily, I only funded my account with a small amount to guard against this, but I’d like to figure out what’s going on. I’m holding bitcoin. Noticing that the futures price was much lower than the spot price, I bought September XBT futures intending to hold until resolution and make a small profit compared to just holding bitcoin. I bought using cross margin, and accidentally used 0.5x leverage instead of 1. I bought at 6020 and the price is now 5980. However, the “unrealized PNl” says -56%. Did I lose 60% of my investment? How? submitted by /u/KingJulien [link] [comments]

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Onesinglecoin has surpassed the price of Bitcoin to become the most expensive coin. Is it a Ponzi scheme though?

Onesinglecoin has surpassed the price of Bitcoin to become the most expensive coin. Is it a Ponzi scheme though?
Source: Forum reddit.com/r/cryptocurrency

I have noticed this coin in the past couple of has been switching owners and successively gaining 20% in price every time: https://onesinglecoin.com The smart contract checks out and there appears to be a recent bitcointalk thread created by the author of the project which was locked down by mods for some reason : https://bitcointalk.org/index.php?topic=4508242.0 Interestingly, the last post provides links to a Google Docs spreadsheet which shows how much ETH would past owners of the coin pocket based on how far the chain gets. It would take 72 buyers for the price to exceed $1 million at current Ethereum prices. https://docs.google.com/spreadsheets/d/1I7MBUx5zpiH2F-8aDZqpvOtE7hLJ5LOW8NYXqf_g5VU/edit?usp=sharing I played around with the spreadsheet and it’s interesting to see how the most recent buyer always benefits the most in terms of profit but he also takes on the biggest risk of potentially never being able to…

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Ternio – TERN – to list on Binance – I did some snooping

Ternio – TERN – to list on Binance – I did some snooping
Source: Forum reddit.com/r/cryptomarkets

I did some digging and found really interesting clues. For those that don’t know, TERN (ternio) was listed on BitForex on the last day of it’s ICO which is crazy for a top 15 exchange to list a XLM based token that quickly. The company must have connections. 1) Ternio gets lots of buzz at crypto conferences, but very little on social media. Anon has been loading up. https://imgur.com/XUeGpkS 2) CEO makes cryptic post on LinkedIn that they just paid $850k which is in the range of what Binance charges for listing. https://imgur.com/KYyvK5g 3) Brock Pierce just started following on Twitter. https://imgur.com/39Sscb8 4) Ternio telegram community already knows Binance has been applied for. https://imgur.com/BfRIbC3 5) Clear signs of trading manipulation. Someone trying to drive down price to buy it right back. https://imgur.com/tmRpOxP Obviously it’s not formally announced, but all things…

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The Dollar Dilemma: Where to From Here? by Ron Paul

The Dollar Dilemma: Where to From Here? by Ron Paul
Source: Forum reddit.com/r/btc

This brilliant article by Ron Paul lays out the precarious situation for the world fiat money system, and the consequences of its demise for freedom and prosperity, not only for americans but for everybody. You can find it here: https://mises.org/wire/dollar-dilemma-where-here Everybody who read this article with an open mind, will understand the certainty of the coming money crisis, and that it is coming soon or even is already upon us. In it, he also covers cryptomoney at some depth. He has a long time love for gold as money directly used in trade, but he is open to cryptomoney and correctly notes that the traders in the market should determine the kind of money they want to use, governments should exit the money business. He speculates that possibly gold and cryptomoney can exist side by side. He notes the historic…

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Re: What is Bitcoin?

Source: Forum bitcoinforum.com

Hi everybody, as per opportunity of earning cryptocurrency Ethereum and exchanging bitcoins into Ethereum and conversely I would like to emphasize new cryptoplatform Stepium. This is reliable crypto platform based on affiliate marketing with a wide ran…

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Psychology of Bitcoin

Psychology of Bitcoin
Source: Forum reddit.com/r/bitcoinmarkets

https://i.pinimg.com/originals/46/95/84/4695842a7e08b428f39f7a2f91ebbdec.png I can’t help but wonder how can the majority of people speculating BTC not see the most obvious causes. Reading peoples comment that $6,000 is the bottom and it will continue to go back up. I can tell you right now it will go lower, it might go up temporarily but it will be like Dec 2013 again, price spike and steady decline. Took almost 2 years of sideways action before the next pump and dump. If people think they are going to catch a falling knife good luck. submitted by /u/yzfr1604 [link] [comments]

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Bitfinex CSO leaves company

Bitfinex CSO leaves company
Source: Forum reddit.com/r/bitcoinmarkets

According to Reuters reporting, Phil Potter, chief strategy officer, has left Bitfinex. Potter was quoted as saying this had to do with Bitfinex moving away from the US market as he is based within the US. I would argue this is one more reason why Bitfinex should reconsider opening to US customers. The regulatory impact of not serving US customers is small as the US will get jurisdiction if they are involved in big enough shenanigans but are excluding what is by far the largest segment of the market. https://www.reuters.com/article/us-cryptocurrencies-bitfinex/bitfinex-chief-strategy-officer-departs-idUSKBN1JI2IN submitted by /u/BlueeDog4 [link] [comments]

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The altneratives to buying Bitcoin are the best way to obtain it during this bear market

The altneratives to buying Bitcoin are the best way to obtain it during this bear market
Source: Forum reddit.com/r/bitcoinmarkets

We can speculate all we want about the bottom and this bear market. Everyone who says they know where the bottom is is a liar. The truth is no one does because bitcoin is not backed by financial statements, it is sure demand and market speculation. A lot of people are worried about spending their hard earned dollars and wasting them at this point. Sites like https://junktion.io really help the average Joe obtain more bitcoin in this bear market. You do not have to worry about losing fiat when you can trade in your old items for digital currency. submitted by /u/patrickman6 [link] [comments]

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XRP: Mapping the Future Path of Digital Assets

XRP: Mapping the Future Path of Digital Assets
Source: Forum reddit.com/r/cryptomarkets

https://xrpcommunity.blog/xrp-mapping-the-future-path-of-digital-assets/ XRP Continues to set the standard. In today’s blog, I cover an enormous amount of recent news and high-profile media coverage of Ripple, XRP, and Codius. Included are several videos you won’t want to miss, along with the latest news that affects XRP. There is also a bit of analysis about the future direction of XRP given recent developments like the founding of Coil. I hope you enjoy the read! Please leave any feedback below. Thank you, -Hodor submitted by /u/Hodor7777 [link] [comments]

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Credits just did 450k tps in a stability test!!

Credits just did 450k tps in a stability test!!
Source: Forum reddit.com/r/bitcoinmarkets

As the title says. And this was just a stability test. This weekend they should be doing a stress test and are hoping for 1m tps. This pisses over everything else including EOS. So much FUD this project got from clowns like Ivan on Tech mainly it seems based on them being Russian so the brainwashing that Russians are all scammers etc really tripped a lot of people up. I highly recommend researching it and investing cause its dirt cheap now at 50m mc. When a project is first to do these kind of numbers you got to assume the price will rise accordingly. Mainnet is planned in a few weeks. submitted by /u/Whiskeywonder [link] [comments]

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