manager, liquidity provider, and price sensor – was deployed on Ethereum mainnet. The Balancer protocol was first introduced in a whitepaper drafted by Fernando Martinelli and Nikolai Mushegian in September 2019 who flipped the concept of an index fund on its head.  Instead of paying fees to portfolio managers to rebalance your portfolio, they proposed an AMM protocol that enables you (as an investor) to collect fees from traders, who rebalance your portfolio by following arbitrage opportunities. Said another way:  Balancer enables cryptocurrency investors to earn fees by providing the protocol with liquidity using multiple tokens, which are rebalanced by traders following arbitrage opportunities.  The protocol enables cryptocurrency investors to earn income on their idle crypto assets while staying long on their positions which are continuously rebalanced to maintain a weighted portfolio.  That said, Balancer is a revolutionary AMM protocol that’s described by some as a self-balancing crypto-ETF. Bancor website homepage The first Automated Market Maker (AMM) on Ethereum was introduced by Bancor (BNT) in 2017.  Back then, the notion of an on-chain, order-book-less exchange was novel and experimental. There were many problems to overcome (ie. low liquidity, slippage, impermanent loss) but Bancor took it head-on and laid much of the groundwork for what was to come.  Fast forward a few years to 2020, and there is now a thriving ecosystem of innovative AMMs which have generated billions of dollars in trading volume. So how did we get here? First, there was the Bancor v1 AMM model which required liquidity providers (LPs) to contribute an equal or determinate part of Bancor’s native token $BNT and each asset represented in the pool (ie. 50/50: BNT/ETH or BNT/BAT or BNT/LINK, etc.) This was both an inconvenience and a liability for many LPs who only held one of the assets and/or were only interested in exposure to that single asset.  For instance, if you wanted to contribute to a pool, you would first have to buy an equal amount of $BNT to the token you’re providing liquidity for. So if you didn’t have spare cash on hand, you would have to swap your $ETH or another token for $BNT, which was quite an inconvenience and deterrent to using Bancor’s pools.  However, new AMM models with better solutions would soon arise.  Uniswap website homepage In November 2018, Hayden Adams took Bancor’s idea and changed the AMM model at its core with the launch of Uniswap.  Instead of using a native token for users to create pools, Hayden designed Uniswap to use ETH as the core swap token users could create pools against, whereas bancor was using its native token BNT.  This proved to be a much better solution as ETH was and still is more liquid and more popular than any other altcoin out there. Therefore, more users preferred to create pools with ETH in it, rather than BNT. Today, Uniswap stands as the most powerful AMM DEX protocol with around $1.5B billion total value locked (TVL) and a growing ecosystem of DeFi legos plugging into its protocol. However, the innovation doesn’t stop there. In fact, it’s only getting better. Enter Balancer. Balancer website homepage Balancer is a next-generation AMM protocol that functions as a self-balancing weighted portfolio manager, liquidity provider, and price sensor. It’s so much more than a simple token swap platform like Uniswap as it provides more functionality and flexibility with how you can interact with the protocol.  For instance, Balancer allows users to contribute liquidity to larger pools with up to 8 tokens with any weights, rather than having to deposit an ERC-20 and ETH with equal fixed weights of 50/50 in the case of Uniswap. That said, Balancer effectively enables users to create and manage their own personalized index fund by creating liquidity pools or investing in existing liquidity pools.  What’s more? These funds (liquidity pools) are self-balancing, meaning your deposited crypto-assets are exchanged by traders taking advantage of arbitration opportunities. There is no need to exit the liquidity pool and instead of paying a portfolio manager to rebalance your portfolio, the protocol does it for you and earns you collected fees from traders in the process.  That said, Balancer acts as a portfolio manager and also as a source of liquidity.  Now let’s get into details on how Balancer changes the AMM game: Balancer’s powerful DeFi framework generalizes Uniswap’s bonding curve to a multi-dimensional surface to allow Balancer token pools to hold several different tokens, each of which with its own defined share of the total value in the pool. It doesn’t use a hub currency like BNT or ETH in its liquidity pools as seen with Bancor and Uniswap. Instead, Balancer liquidity pools have a weighted 2-8 token exposure, ie (80%/20%) or (95%/5%), or (10%/40%/20%/10%/20%), etc. For example, you can have a pool made of 25% DAI, 25% MKR, 25% LINK & 25% KNC. This enables LPs to benefit from having greater exposure to their favorite tokens (they can stay long) rather than selling to buy a native protocol token; BNT in the case of Bancor v1 or ETH in the case of Uniswap.  That said, Balancer’s flexible 2-8 token liquidity pools combined with automated token weight rebalancing and the ability to earn passive income from trading fees, makes Balancer stand out from other AMM protocols.  In fact, it changes the AMM game completely. The Ethereum DeFi and Balancer community have been ecstatic about Balancer’s AMM protocol since launch.  People continue to deposit funds into Balancer’s diverse liquidity pools and the protocol currently ranks 12 on DeFi Pulse with more than $288.4 million total value locked (TVL).  (Source) Despite a large spike and fall in Balancer’s TVL during the DeFi boom and bust this year, the Balancer protocol continues to grow and capture value.  Moreover, notable investors and big names in the DeFi space expect Balancer to grow much more from where it is now. Just recently on November 9, 2020, Balancer raised a significant seven-figure sum via a $BAL token sale from notable investors, Pantera Capital and Alameda Research: (Source) Alameda Research and FTX founder Sam Bankman-Fried revealed that his firm invested a seven-figure sum, (ie, a minimum of $1 million) into Balancer via the sale of its native governance token BAL. As for Pantera Capital, they haven’t disclosed their investment amount but did say they were excited to partner with Balancer Labs to build the most flexible & deepest liquidity protocol for tomorrow's financial system: In addition to the big boys being bullish on Balancer’s tech, Balancer’s AMM protocol is also being recognized by Coinbase as a viable cryptocurrency project as they listed $BAL on Coinbase Pro: (Source) All in all, Balancer is proving to be an incremental protocol in the realm of Ethereum DeFi and it’s still severely undervalued at around rank 100 on CoinMarketCap IMO.  That said, Balancer (BAL) is a project to keep your eye on during this cryptocurrency bull market season.  DrBreakThru I'm a simple guy, I see a crypto breakthrough, I talk about it Don't let important breakthroughs fly under your radar Send a $0.01 microtip in crypto to the author, and earn yourself as you read! We pay the tips from our rewards pool. pheonixdown-dee 22 Nov 2020 5 minute read Chris Roberts 18 hours ago 4 minute read paragism 12 hours ago 5 minute read Get FREE CRYPTO Just for Tipping this Article. Register now at Publish0x to claim your $$$. It only takes 15 seconds and it's free.

order books of top trading platforms. and the rest of the cryptocurrency market experienced among one of the worst selloffs in the asset class’s short ten-year history. The collapse in cryptocurrencies hit alongside historic losses in the stock market, , oil, and nearly every other market in the financial world, as investors seek to liquidate their assets into cash to hold through what is the closest event to an apocalypse the world has ever witnessed. Related Reading | The madness left the , and order books a ghost town, according to data extracted by one crypto analyst. The analyst shows a comparison of liquidity in crypto exchange order books prior to the fall from $7,000 to under $5,000, against liquidity post drop to below $5,000. In the first chart, orders can be seen placed at various levels above and below the price action. In the second chart, nearly all of the orders that were once visible have been pulled. It’s worth noting that the orders were filtered to only show any with a position size over $1 million or more, so there is still buying and selling activity, however, it is these large market maker type orders that are now missing. Without liquidity, asset prices move rapidly and with extreme volatility, which is why we’re currently seeing , without a clear break of any range. It’s a dangerous environment, as any large-sized orders can clear out what little exists in the order book, tanking prices as a result. The madness could cause and other cryptocurrency assets to collapse to extreme lows. However, the lack of liquidity works both ways, and massive buy orders could drive up the price of the asset very quickly. Related Reading | The one caveat is that this may be a deterrent preventing bigger buyers from taking a position in , as any large buys could wipe out the order book and cause the buyer to pay increasingly higher prices per BTC as they drive the price up against themselves. On the flip side, any large selling could also be deterred at this point, given the currently low prices and being a recipe for disaster. Any large selling at this point would be fueled by cryptocurrency investors willing to take a major loss and risk just to cash out amidst a crisis – however, such a scenario cannot be ruled out during a steeped in uncertainty. Source: newsbtc.com Next Post X © 2020 Wisdoltd.com

being generated through ‘crypto-and-carry’ derivatives arbitrage, stablecoin speculation, and the failure of MakerDAO’s auction protocol. Coinbase asserts that the sudden flip in market sentiment from bullish to bearish created opportunities for derivative arbitrage through “crypto-and-carry” trades. With the exchange estimating that the crypto market is usually net-60% bullish with futures prices higher than spot prices, Coinbase asserts that arbitrage through derivatives is typically executed through ‘cash-and-carry’ trades.  When derivative prices widen relative to spot prices, traders can borrow fiat to go long on Bitcoin (BTC) while simultaneously going short on futures to lock-in profits from the spread at the time that the futures contract expires. As the strategy necessitates a significant spread in order to cover maintenance fees, opportunities for derivatives arbitrage are typically the most abundant during periods of peak volatility. With the markets suddenly turning bearish, traders were transversely able to long BTC while selling on the spot market in order to lock in profits through ‘crypto-and-carry’ trades during the March crash. The report notes that multiple stablecoins broke their fiat-peg to the upside as traders rushed to lock in value as crypto asset selling escalated amid the crash. While USD Coin (USDC) briefly traded at a 2% premium and Tether (USDT) tagged $1.05 during peak volatility, a failure in the liquidation engine underpinning MakerDAO’s protocol has left DAI trading at a premium of multiple percent for weeks.  The difficulties created a unique opportunity for the sole bidder who participated in Maker’s auctions for 3 hours by himself, who purchased batches of Ethereum (ETH) for $1 each — making out with $4 million worth of ETH for virtually free. Source link Continue Reading Crypto.com Supported The Economist Intelligence Unit Research on Digital Currencies Published 6 hours ago on April 16, 2020 By Blabiz 20% of people said they don’t currently use them but plan to in the next year, Covid-19 concerns could accelerate adoption HONG KONG, April 16, 2020 /PRNewswire/ — If you are unfamiliar with digital currencies, you are in the minority. A full 85% of survey respondents of global consumers have owned, used or heard of decentralised digital currency such as a cryptocurrency according to an Economist Intelligence Unit survey conducted over January and February of this year. The study, Digimentality—Fear and favouring of digital currency, sponsored by Crypto.com, also showed that in the developing world, awareness reached 92%. Crypto.com Sponsored The Economist Intelligence Unit Research on Digital Currencies The study underscored a trend that is likely to accelerate as Covid-19 concerns mount and governments take physical cash out of circulation to help stem the virus spread. The global survey suggests that societies across the world were already leaning toward cashless options for daily purchases, based on convenience and traceability reasons. “Our report showed that while the use of cryptocurrencies amongst the general public is low, people are very curious and optimistic about them for the future,” said Kris Marszalek, CEO of Crypto.com. “This bodes very well for our industry and comes at a pivotal time when trust in financial markets is wavering and more people are turning their attention to the growing range of digital currencies that continue to present a clear plan B to our traditional financial structures. We still have much work to do to get crypto into every wallet, but that mission is much more difficult without valuable insights into what the general public is thinking.” “Covid-19 wasn’t part of the original survey parameters since it didn’t exist at the survey’s onset,” explains Jason Wincuinas, senior editor for thought leadership with the Economist Intelligence Unit, who headed the research. “But we can see in events since the survey finished in February—such as debate in the US congress over introducing a ‘digital dollar’ in recent weeks—that this is becoming a structural concern for society. What’s interesting is how China and Sweden were already looking at digital currency as potential pillars of their monetary systems. For other countries, maybe it takes an emergency like covid-19 to move the needle.” In the survey, physical credit cards were shown to be the most popular payment choice overall; cash was only the third most used option. Online banking, online payment services and mobile apps on smartphones all captured a large share of consumer transactions. Digital currencies (which includes cryptocurrencies such as Bitcoin, Ether, XRP, etc) were still the least cited option but they captured the largest share of respondents who said they planned to try it within the next 12 months. For expert analysis, The Economist Intelligence Unit consulted Eva Julin, deputy head general secretariat at Sveriges Riksbank (Sweden’s Central Bank), who heads the bank’s evaluation of issuing a digital currency and Antony Lewis, fintech advisor to The Securities and Futures Commission (SFC) of Hong Kong and author of the book “The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them. Commenting on the research, Mr Wincuinas said: “The trend toward cashless payments is an irresistible force. And it was very interesting to observe greater eagerness and expectations within the developing economies we tested. Given that these countries also tend to have higher rates of people using mobile devices to go online and younger populations—who also tend to have faster takeup of technology generally—it could be a harbinger of what’s to come with digital currencies. Combined with the fact that we saw more resistance to cryptocurrencies and digital payments in developed economies, I think it’s clear there could be another leap-frog effect in the waiting as economies like China push ahead with digital ways to pay, and economies with older payment infrastructures play a wait-and-see game. But covid-19 could change everything.” About the research Digimentality—Fear and favouring of digital currency is a report from The Economist Intelligence Unit, sponsored by Crypto.com, exploring the extent to which digital payments are trusted by consumers and what barriers may exist to basic monetary functions becoming predominantly electronic or digital. The analysis is based on a survey of 3,048 people conducted in January and February 2020. About half of the respondents came from developed economies and half from developing ones. All respondents had bought a product or service within the past 12 months using some kind of digital payment. About Crypto.comCrypto.com was founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. With over 1 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of “cryptocurrency in every wallet” into reality, one customer at a time. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 250+ strong team. Find out more by visiting https://crypto.com. About The Economist Intelligence Unit The EIU is the thought leadership, research and analysis division of The Economist Group and the world leader in global business intelligence for executives. We uncover novel and forward-looking perspectives with access to over 650 expert analysts and editors across 200 countries worldwide. More information can be found on www.eiuperspectives.economist.com. Follow us on Twitter, LinkedIn and Facebook. Photo – 56c4 Logo – 5df3       SOURCE Crypto.com Source link

when traders attempt to capitalize on the sudden market movements. As such, there has been an influx of new Bitcoin margin trading exchanges, and PrimeBit is among them. Being relatively young, the exchange offers a comprehensive trading setup and an interface that’s relatively easy to use. 7.9 },”review”:,”name”:”PrimeBit”,”reviewBody”:”Bitcoin and altcoins leverage trading is becoming more and more popular. This is especially true in times of serious volatility when traders attempt to capitalize on the sudden market movements.rnrnAs such, there has been an influx of new Bitcoin margin trading exchanges, and PrimeBit is among them. Being relatively young, the exchange offers a comprehensive trading setup and an interface thatu2019s relatively easy to use.rnrnrnrnAs itu2019s recently launched, the exchange doesnu2019t offer a large variety of cryptocurrencies to trade with. At the time of this writing, users can only open positions with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).rnrnWhat it lacks in variety, however, PrimeBit compensates in high leverage options, as users can open up positions with as much as 200x leverage. Itu2019s essential to know that leverage trading brings serious risks of capital loss and should only be carried out by people with sufficient experience and knowledge.rnrnItu2019s also worth noting that PrimeBit supports a lot of different languages besides English, including but not limited to Deutch, Spanish, Japanese, Korean, Polish, Portuguese, Russian, Turkish, and so forth.rnrnOn top of that, users can also download the Meta Trader application if they donu2019t want to use the browser-based solution. Itu2019s available for Windows, macOS, Android, and iOS.rnHow to Register on PrimeBitrnRegistering on PrimeBit is easy. The platform doesnu2019t require any identity verification that is rather beneficial for those who want to skip KYC and identity checks.rnrnNew users need to provide a valid email address where they will receive a confirmation message. After that, they only need to confirm and set up a password. No further actions are required. From here, traders need to deposit.rnHow to Deposit and Withdraw on PrimeBitrnDepositing on the exchange isnu2019t complicated. First things first, users need to get to the Web Trader platform, which is done as soon as they log in to PrimeBit. Then, on the top right corner, there is a u201cDepositu201d button.rnrnrnrnClicking it opens up a pop-up window where users have their BTC and USDT accounts on display. Creating an account happens through the main dashboard.rnrnPrimeBit only allows deposits of Bitcoin and USDT, and no other cryptocurrencies or fiat is accepted.rnrnrnFrom here, itu2019s fairly straightforward. All that needs to be done is click on the u201cdepositu201d button, get the individual deposit address, and transfer the funds. Once this is done, trading can begin.rnHow to Trade on PrimeBitrnBefore starting to trade with real money, users might want to test the waters and see how the software works before they embark on leveraged trades. This is why PrimeBit also offers Demo accounts available in the Accounts Dashboard. On the top right corner of the interface, there is a drop-down menu where users can navigate through their different accounts and select u201cDemou201d if they want to try the platform out without risking any money.rnrnAs soon as the account is funded, traders can begin placing orders. This is how the Web Trader looks on Desktop.rnrnrnrnItu2019s worth noting that there is also a mobile version of the Web Trader so users can be present on the market even on the go. As seen in the above picture, weu2019ve already opened a position, and weu2019ll explain how this happens down below.rnrnOverall, the interface is simple and easy to use. Itu2019s intuitive, and it doesnu2019t require any prior trading knowledge to navigate. In the middle, thereu2019s the trading chart. On the left side, there are different charting tools, while on the right side, thereu2019s an order book and order types. This is where orders are placed.rnrnPrimeBit has three different types of orders: Limit, Market, and Stop. Letu2019s walk through each one of them.rnrnPlease note that we are using a leverage of 200x. This is very high leverage, and itu2019s used for demonstration purposes. Itu2019s highly recommended to carefully assess risk before using high leverage.rnLimit OrdersrnLimit orders are used when traders want to open a position at a price different than the current market price.rnrnrnrnAs seen in the picture, we want to open a position for one contract at $7,100, while the current market price is $7,124. As soon as the price reaches this point, the order will be triggered, and a position will be opened.rnrnBelow, there are the details of the order, including order value, required margin, available balance, and so forth.rnMarket OrderrnMarket orders are the most common type as they are executed immediately at market prices, hence the name. (click on the image to enlarge).rnrnrnrnNow, in this picture, we want to open a long position (buy) for one contract with a value of $5,071. We are using a leverage of 200x. Below the market order, users can change the level of leverage by clicking on the pen button.rnStop OrderrnStop orders are used to determine an exit point in advance, which, when met, will see your position closed. They can be used to maximize profits (Take Profit) or to minimize losses (Stop Loss).rnrnrnrnIn this case, since weu2019ve opened a long position for one contract with an entry price of $7,122, we want to downsize our risk and set a stop-loss. Weu2019ve chosen a price point of $7,100. As soon as the u201csellu201d button is hit, the order will go live, and when the price reaches $7,100, it will be activated, closing our previous position.rnHow To Close a Position?rnClosing a position can be done, as shown above – through the stop order mechanism. However, traders can also close their positions immediately.rnrnrnOnce the position is active, it will be displayed right under the chart section. Here, traders can monitor how their trade is performing, including unrealized profits or losses. This is also where traders can see their liquidation price – the point that will see their position automatically closed if reached.rnrnOn the far right side, there is a cross. This is how a position can be closed manually and instantly at the current prices.rnTrading Fees and Contract SpecsrnThe trading fees and the contract specs vary based on the cryptocurrency that traders choose to work with. Below is a table with the most important things to consider.rnrnThe fees are constant and as it follows:rnrnMaker fee: -0.0250% rnTaker Fee: 0.0750%Based on the amount of leverage used, the maximum position size that traders can open varies. The below chart summarizes it all for the currently available cryptocurrencies.rnrnrnCustomer Support on PrimeBitrnAnother particularly important component of a well-functioning cryptocurrency exchange is customer support.rnrnWeu2019ve opened a ticket for assistance with their Web Trader, and the customer support team got back in less than 15 minutes, which is quite impressive.rnrnWhile the current volume on the exchange isnu2019t high, hinting at a smaller user base, hopefully, things will remain unchanged as PrimeBitu2019s users increase.rnConclusionrnAll in all, PrimeBit offers a fairly intuitive and straightforward trading experience. The software is easy to use. The leverage is very high, perhaps even among the highest in the industry. On the flip side, the variety of cryptocurrencies is very limited, which wonu2019t allow traders to capitalize on altcoin seasons. The trading volume is relatively low, but thatu2019s easy to understand, given the fact that PrimeBit is a fairly new exchange.”,”author”:,”datePublished”:”2020-04-21″}} As it’s recently launched, the exchange doesn’t offer a large variety of cryptocurrencies to trade with. At the time of this writing, users can only open positions with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). What it lacks in variety, however, PrimeBit compensates in high leverage options, as users can open up positions with as much as 200x leverage. It’s essential to know that leverage trading brings serious risks of capital loss and should only be carried out by people with sufficient experience and knowledge. It’s also worth noting that PrimeBit supports a lot of different languages besides English, including but not limited to Deutch, Spanish, Japanese, Korean, Polish, Portuguese, Russian, Turkish, and so forth. On top of that, users can also download the Meta Trader application if they don’t want to use the browser-based solution. It’s available for Windows, macOS, Android, and iOS. Registering on PrimeBit is easy. The platform doesn’t require any identity verification that is rather beneficial for those who want to skip KYC and identity checks. New users need to provide a valid email address where they will receive a confirmation message. After that, they only need to confirm and set up a password. No further actions are required. From here, traders need to deposit. Depositing on the exchange isn’t complicated. First things first, users need to get to the Web Trader platform, which is done as soon as they log in to PrimeBit. Then, on the top right corner, there is a “Deposit” button. Clicking it opens up a pop-up window where users have their BTC and USDT accounts on display. Creating an account happens through the main dashboard. PrimeBit only allows deposits of Bitcoin and USDT, and no other cryptocurrencies or fiat is accepted. From here, it’s fairly straightforward. All that needs to be done is click on the “deposit” button, get the individual deposit address, and transfer the funds. Once this is done, trading can begin. Before starting to trade with real money, users might want to test the waters and see how the software works before they embark on leveraged trades. This is why PrimeBit also offers Demo accounts available in the Accounts Dashboard. On the top right corner of the interface, there is a drop-down menu where users can navigate through their different accounts and select “Demo” if they want to try the platform out without risking any money. As soon as the account is funded, traders can begin placing orders. This is how the Web Trader looks on Desktop. It’s worth noting that there is also a mobile version of the Web Trader so users can be present on the market even on the go. As seen in the above picture, we’ve already opened a position, and we’ll explain how this happens down below. Overall, the interface is simple and easy to use. It’s intuitive, and it doesn’t require any prior trading knowledge to navigate. In the middle, there’s the trading chart. On the left side, there are different charting tools, while on the right side, there’s an order book and order types. This is where orders are placed. PrimeBit has three different types of orders: Limit, Market, and Stop. Let’s walk through each one of them. Please note that we are using a leverage of 200x. This is very high leverage, and it’s used for demonstration purposes. It’s highly recommended to carefully assess risk before using high leverage. Limit orders are used when traders want to open a position at a price different than the current market price. As seen in the picture, we want to open a position for one contract at $7,100, while the current market price is $7,124. As soon as the price reaches this point, the order will be triggered, and a position will be opened. Below, there are the details of the order, including order value, required margin, available balance, and so forth. Market orders are the most common type as they are executed immediately at market prices, hence the name. (click on the image to enlarge). Now, in this picture, we want to open a long position (buy) for one contract with a value of $5,071. We are using a leverage of 200x. Below the market order, users can change the level of leverage by clicking on the pen button. Stop orders are used to determine an exit point in advance, which, when met, will see your position closed. They can be used to maximize profits (Take Profit) or to minimize losses (Stop Loss). In this case, since we’ve opened a long position for one contract with an entry price of $7,122, we want to downsize our risk and set a stop-loss. We’ve chosen a price point of $7,100. As soon as the “sell” button is hit, the order will go live, and when the price reaches $7,100, it will be activated, closing our previous position. Closing a position can be done, as shown above – through the stop order mechanism. However, traders can also close their positions immediately. Once the position is active, it will be displayed right under the chart section. Here, traders can monitor how their trade is performing, including unrealized profits or losses. This is also where traders can see their liquidation price – the point that will see their position automatically closed if reached. On the far right side, there is a cross. This is how a position can be closed manually and instantly at the current prices. The trading fees and the contract specs vary based on the cryptocurrency that traders choose to work with. Below is a table with the most important things to consider. The fees are constant and as it follows: Maker fee: -0.0250% Taker Fee: 0.0750%Based on the amount of leverage used, the maximum position size that traders can open varies. The below chart summarizes it all for the currently available cryptocurrencies. Another particularly important component of a well-functioning cryptocurrency exchange is customer support. We’ve opened a ticket for assistance with their Web Trader, and the customer support team got back in less than 15 minutes, which is quite impressive. While the current volume on the exchange isn’t high, hinting at a smaller user base, hopefully, things will remain unchanged as PrimeBit’s users increase. All in all, PrimeBit offers a fairly intuitive and straightforward trading experience. The software is easy to use. The leverage is very high, perhaps even among the highest in the industry. On the flip side, the variety of cryptocurrencies is very limited, which won’t allow traders to capitalize on altcoin seasons. The trading volume is relatively low, but that’s easy to understand, given the fact that PrimeBit is a fairly new exchange. Enjoy reading? Please share: Source Published at Tue, 21 Apr 2020 14:01:47 +0000

analysis out this month from market research store Research and Markets.The report, which projected potential growth over the next half decade, said the hardware wallet market could surge from its 2018 valuation of $129 million USD to around $496 million by the end of 2024.The rising prominence of hardware wallets has coincided with the rising popularity of cryptocurrencies. After a boon of new digital currency adopters entered the ecosystem amid the 2017 bull run, some users found out the hard way that mishaps, faulty memories, and hackers can cost you your coins. As such, the hardware wallet industry has rapidly bloomed in offering experts and novices alike a streamlined means for securely storing crypto-assets offline.The Research and Markets report highlighted the cryptoeconomy’s peak market capitalization to date of $800 billion last January as a sign that there’s still plenty of room to grow for the hardware wallet industry. The ecosystem’s current market cap is $134 billion, so if that sum ever nears its previous all-time high, then droves of new users would undoubtedly turn to crypto storage solutions like hardware wallets.To that end, the report’s authors hailed further embraces of near-field communication (NFC) technology and an increasingly competitive and growing arena of hardware wallet manufacturers as trends to eye over the next five-year period.If that latter point is correct, wallet powerhouses like Ledger and Trezor are set to fight to maintain their dominance in the sector as upstarts look to gain ground on them quickly and with new offerings and services.The analysis also projected that steadily expanding cryptocurrency adoption inroads in the United States and in South Korea would be pronounced drivers of hardware wallet market growth in the near future.Popular smartphone manufacturer Samsung has generated considerable buzz in the cryptoverse after it announced last month that its new flagship phone, the Galaxy S10, has in-built cryptocurrency hardware wallet functionalities.It’s a major development for the entire crypto space, as the sheer reach of the Samsung and Galaxy brands will ensure that swathes of uninitiated users are introduced to cryptocurrency and have direct access to secure crypto storage tech.And Samsung isn’t interested in just competing for a slice of the hardware wallet market pie. They’ve asserted that a smartphone-based hardware wallet is not only useful but a superior device for spending cryptocurrencies.“Smartphone-based cryptocurrency wallets are the best approach to short-term and medium-term storage — that is, ‘spending money,’ the amount you might choose to carry with you in your real wallet,” a Samsung blog post argued last summer.Another standing question is whether Samsung competitor Apple will follow suit and develop an in-built crypto hardware wallet for its own massively popular iPhone series. If Apple pursues that route, the hardware wallet market is in store for major competition.At this year’s MIT Bitcoin Expo conference, the Ledger team led a presentation on what they hailed as security vulnerabilities in their competitor Trezor’s devices.Trezor’s makers have since pushed back in arguing “none of these attacks are exploitable remotely.” In their response report, the Trezor team also added that “in combination with strong passphrases and at least the basic operational security principles, even the physical attacks presented by Ledger cannot affect Trezor users.”.@Trezor Happy to help raise the bar for security in the cryptocurrency ecosystem as a whole! We'll continue to push for the highest level of security for critical digital assets. https://t.co/DItlrEmt9tTrezor’s main thrust, then? These aren’t attacks that average crypto users will ever have to worry about. On the flip side, you can’t fault Ledger for trying to keep the pressure up on their main competitor, either.We will also send our weekly newsletter on a Friday lunchtime with the latest Crypto News & topics from Blockonomi. No Spam, ever.You will receive 3 books: Bitcoin, Ethereum & Lightning Network + All Future Books.William M. Peaster is a poet, novelist, and cryptocurrency editor. He is not a financial adviser. He enjoys covering both the promise and warts of the emerging cryptoeconomy. Follow him on Twitter: @WPeasterAll content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.Your email address will not be published. Required fields are marked * Notify me of follow-up comments by email. Notify me of new posts by email.

regulatory approval, Ripple CEO Brad Garlinghouse used the distinguished Davos International Financial Discussion board summit to announce that the company was once making an allowance for an preliminary public providing afterward within the 12 months.Crypto firms taking a look to head public face a paradox. Monetary companies steadily have to satisfy stringent regulatory requirements. Failing to adequately reassure regulators may end up in firms being frozen out of profitable markets or compelled to close down altogether. However merely jumping to the opposite finish of the spectrum and making an attempt as a lot integration with the monetary mainstream as imaginable isnt as simple because it sounds. Many buyers and mainstream monetary firms are reluctant to take at the excessive degree of menace related to crypto or dont perceive virtual currencies in any respect.Nevertheless, there are notable exceptions. Most of the internationals monetary titans are experimenting each with blockchain era and cryptocurrencies. A world race is directly to increase central financial institution virtual currencies. The arenas greatest tech firms also are running on bold stablecoin schemes that would exchange the arena of bills as we realize it. The guidelines are there, however firms are suffering to get off the bottom.Now not even the titans of the business had been ready to head public. Bitmain, as soon as concept as nearly untouchable with a self-valuation of over $1 billion, had a number of failed makes an attempt at an IPO earlier than succumbing to vicious in-fighting between the 2 founders.However it may be accomplished. Professional-crypto Silvergate Financial institution introduced at the New York Inventory Trade on Nov. 7. Canaan, lengthy regarded as the underdog within the combat for most sensible spot with its Chinese language mining rival Bitmain, limped around the end line in past due November ultimate 12 months. With those firms main the rate, Ripple is obviously no longer a ways in the back of.Ripple CEO predicts extra IPOs in 2020 Davos is extensively regarded as probably the most necessary gatherings of the arenas monetary and political elite. Criticized through British Top Minister Boris Johnson as a spot the place billionaires quaff champagne, the world summit draws decision-makers from all 4 corners of the globe.In a chat on the International Financial Discussion board subsidized through Ripple, Garlinghouse opined that IPOs will probably be extra prevalent in each the crypto and blockchain area within the coming 12 months. Extra importantly, the CEO additionally strongly hinted that Ripple itself could be one such corporate bold to head public in 2020:Within the subsequent 12 months, youll see IPOs within the crypto/blockchain area. Were no longer going to be the primary and were no longer going to be the ultimate, however I be expecting us to be at the main aspect its a herbal evolution for our corporate.Based in 2012, Ripple has since grown right into a crypto heavyweight. Irrespective of how the cryptocurrency XRP has fared, the corporate eked out its lifestyles previous to the pre-boom years and survived 2018s so-called crypto wintry weather. Whilst the timing of Garlinghouses feedback has piqued passion from analysts, the markets have no longer moved up to some had expected. Bethel Loh, macro strategist at ThinkMarkets, defined to Cointelegraph that this was once no longer altogether that sudden:Value motion was once in large part unimpressed through the inside track, given this wasnt the primary time Garlinghouse had hinted at a possible IPO. Whilst there was once a bit of of chop, it was once not anything out of the extraordinary in relation to Ripple volatility.However why now? All tentative release proposals should navigate the treacherous crypto markets, and Ripples attainable IPO is not any other. Elias Simos, senior analyst at Decentral Park Capital, advised Cointelegraph that Ripple is most probably expecting an growth of marketplace prerequisites, through which it forecasts greater call for for XRP, in conjunction with progressed corporate fairness worth:Were on the early innings of a brand new bull marketplace the place on the similar time ultimate 12 months, we had simply concluded a brutal undergo marketplace. The perceptions that include every section of the cycle want the present situation extra. A bull marketplace additionally manner extra quantity and, with it, most likely extra call for for the XRP token and most likely a spice up within the fairness worth of the co. In any case, a host of Ripples revenues comes from what they name programmatic gross sales of XRP, which is successfully promoting the XRP token to crypto exchanges.However Ripples regimen sell-offs dont seem to be the one supply of investment. During the process the corporates lifestyles, it has attracted some tough backers. Andreessen Horowitz, Peter Thiel, Lightspeed Undertaking Companions and Google Ventures all invested within the first two years.As 2014 drew to an in depth, the corporate reported additional investments of $32 million, with CME Workforce, Seagate Generation and Banco Santander U.Okay. all taking part within the deal. In line with an research printed through blockchain and crypto analysis company Messari, investment continues to be flowing freely as of December 2019:The corporate introduced that it had raised $200 million in a Sequence C spherical that reportedly valued the corporate at $10 billion. Whilst the corporates skill to persistently lift cash, in spite of wildly fluctuating marketplace prerequisites, is commendable, its price noting that every spherical additionally provides to the lengthy checklist of buyers eagerly watching for a go back on funding. For Simos, that is more likely to have performed a task in inching towards a public providing:They have got a large number of personal buyers that wish to see liquidity, Im positive. Dont put out of your mind, Ripple is likely one of the oldest cos in blockchain, with the primary investment spherical having taken position in 2012. Taking into account an IPO eight years in for a a hit co this is previous Sequence C, is sort of anticipated.IPOs are more straightforward mentioned than accomplished The previous decade has been explosive for the tech business. As a result, firms such because the ride-hailing app Uber and administrative center answers corporate WeWork have witnessed exponential enlargement and utilization around the globe. Many different firms have adopted of their footsteps, specializing in enlargement and organising a market-dominating logo.However pursuing an IPO implies that firms must reveal the actual state in their funds. The enlargement first philosophy obviously isnt running for buyers, who, in spite of everything, are in quest of a cash in. If Uber and WeWork controlled to alienate buyers, even with an international provide of use circumstances underneath their belts, the stakes are upper nonetheless for crypto firms.In line with Simos, the new spate of high-profile public choices happening over the last few years has been the end result of an extended coming of age length for tech unicorns of the 2010s. Whilst this implies long term tech IPOs will want to have financials that get up to severe scrutiny, Simos additionally added that the 2020 funding atmosphere might be much less wary than that of 2019: Final 12 months was once a large reckoning for the early 2010s cohort of unicorns that had been introduced up underneath the incubation of personal markets. He went on so as to add:It sort of feels that public marketplace buyers dont seem to be purchasing the develop first, ask questions (about cash in) later philosophy, and it presentations. That, at the side of the truth that the Ubers and Lyfts IPOs had been mispriced, ended in lackluster IPOs. Additionally, all of this was once going down at a time the place buyers had tilted to a risk-off means within the face of a industry struggle with China, and so on. So, naturally, the call for for riskier tech/enlargement shares was once low. 2020 is a special circumstance. I feel were over the hangover from WeWork and co and urge for food for menace/enlargement has returned.What does this imply for XRP costs? There is a component of tribalism to cryptocurrency. Due partially to the ideological conviction that cryptocurrency is the important thing to making a greater monetary long term, every token steadily develops a big neighborhood of like-minded buyers. XRP is not any other, as Crypto Twitter was once full of research over Garlinghouses IPO announcement, and what this may imply for the ones maintaining the token. Whilst XRP enthusiasts could be willing to pump up any momentum for the token to extend its worth, Simos isnt satisfied that the fee is about to jump any time quickly:Except for a imaginable speculative run that will be short-lived, I dont be expecting a lot to switch. XRP is likely one of the large-cap tokens with the poorest basics little to no application and (theoretically) uncapped inflation in that Ripple may just simply come to a decision to print extra XRP.Simos defined his view to Cointelegraph that XRP is not going to enjoy a value hike within the tournament of an IPO because of the deflationary nature of the cryptocurrency:XRP is if truth be told deflationary. Just a little XRP is supposed to be burned as transaction charges each time it trades, thus extra transactions result in extra deflation. Normally, around the lifecycle of a crypto co, its been very exhausting to reconcile token and fairness as worth accrual cars, if a for-profit co (and no longer a basis) is concerned within the org construction. Maximum cos if truth be told make a selection to force worth extra to the fairness, than to the token to the detriment of the token holders.Loh defined to Cointelegraph that an IPO may just basically modify how Ripple is traded through buyers, theorizing that the cryptocurrency may just come to be handled in a similar fashion to inventory quite than a virtual token:Whilst being underneath the watchful eye of SEC law, relying on the place Ripple floats, may just considerably lower the danger top class related to susceptible governance or deficient oversight measures. Successfully, Ripple might be handled extra as a inventory and no more as cryptocurrency, and so, will have to show off decrease volatility parameters. Certainly, an IPO may just see XRP value changes carefully pegged to the application or earnings producing capability of Ripple, no longer dissimilar to the earnings or EBITDA line of a inventory.Will extra crypto-related firms take the regulatory direction? Theres no simple reaction to the query of whether or not IPOs are the most efficient direction for crypto-related firms. Past the struggles many firms would face in demonstrating adequately powerful monetary effects, let on my own having industry fashions that get up to regulatory necessities, public choices merely dont make sense for all crypto firms.Decentral Parks Simos advised Cointelegraph that, relying at the nature of a crypto-related industry actions, some are inherently better-suited for an IPO than others:For those who havent any token publicity (e.g., miners), going the IPO direction is (and has been) the one technique to get admission to public marketplace liquidity. To the contrary, for protocol primarily based orgs (e.g., Maker DAO), its virtually unimaginable to head the fairness direction (because of nonprofit basis buildings, and so on).For Loh, the IPO factor is extra nuanced than it being a question of particular person industry suitability. The fallout because the 2017 growth has lingered lengthy within the public awareness, and consequent information of the marketplaces volatility handiest serves to additional erode investor self belief in cryptocurrencies. Loh defined his trust to Cointelegraph that cryptocurrencies are best possible seen as an extended recreation, with little probability of predicting the result at such an early degree:Till the comprehension of the application of the entire more than a few blockchain purposes really percolates the broader public, happening the IPO pathway will probably be a particularly tricky and difficult adventure, particularly given the capitulation of the 2017 bubble turns out to nonetheless be contemporary within the minds of many. For Ripple, whilst an growth on a relic of the banking machine thats the SWIFT community is ostensibly interesting, buyers will want extra than simply hype to tug them clear of the unabated highs of world tech shares.As marketplace analysts usher in the arriving of the most recent bull run, firms are dashing to capitalize at the favorable prerequisites. And for just right reason why. If Garlinghouse follows thru on his public providing trace, a a hit IPO would give Ripple a point of authenticity that almost all different cryptocurrency firms dont seem to be but ready to procure. This, in flip, may just result in better call for for XRP, using up costs and growing additional use circumstances.A a hit public providing would even be a logical construction for the corporate, given the ever-growing checklist of buyers in quest of their percentage of the cash in. However fresh occasions have proven that buyers dont seem to be inspired through tech firms that dont if truth be told make a cash in.The creating nature of the cryptocurrency business, in conjunction with the volatility of the markets, dont lend a hand crypto firms stability their books or acquire investor self belief. Whether or not Ripple can produce the powerful financials to thrill potential consumers or can adequately divorce itself from complaint of XRP is still noticed.

settled crypto futures, and the way they're essential for the approaching mass adoption. BaseFEX already has that angle coated. Its solely disadvantage is that its services don't (yet) touch the U.S.A. Through this crypto commodity exchange, users will trade BTC, BNB, HT, and OKB perpetual contracts. the most point of the operation isn't even the 1:100 leverage it offers on these instruments, although that's actually outstanding still. These perpetual contracts ar BTC settled. In this BaseFEX review, we have a tendency to take a glance at the company background of this exchange. we've conjointly place along a close guide for those inquisitive about commerce these derivatives. 1 what's BaseFEX? 2 BaseFEX Risk Management 3 what's Futures trading? 4 Margin and Leverage at BaseFEX 5 the way to produce associate degree Account At BaseFEX? 6 the way to Trade at BaseFEX? 7 BaseFEX Deposits and Withdrawals 8 Conclusion What is BaseFEX? As mentioned, BaseFEX may be a rather distinctive service, targeted on the availability of BTC settled crypto perpetual. The company behind the operation is predicated in urban center. For regulative functions, it's registered in Seychelles. known as Base investment Corporation, its license number is 205276. The regulative background of BaseFEX may be a bit murky. it's not clear specifically what kind of money services it offers supported its standing in Seychelles. The exchange doesn't settle for U.S.A. traders, because of its lack folks regulation. While there ar in all probability countless folks concerned within the project, the official BaseFEX website solely sees it suited list the names of the CTO and corporate executive. Issac Zeng and Jesse Chinese fill these govt positions. Since the exchange solely accepts crypto deposits and since it settles its contracts in BTC, its somewhat shoddy regulative standing is hardly stunning. whereas there ar some exceptions during this regard, the bulk of the world’s countries ar however to manage the crypto trade. Furthermore, BaseFEX may be a new child on the crypto exchange block. As such, it's not had time to make up any kind of name. That said, it's obvious that security is one amongst the highest issues regarding BaseFEX. To allay such fears, the exchange allegedly keeps 100 percent of the funds it uses in cold storage wallets. In addition to it, it conjointly observes strict coin management protocols. Leverage perpetually equals accrued profit potential and at constant time: accrued risk. 1:100 leverage on cryptocurrency derivatives is kind of outstanding. whereas it's terribly spectacular on paper, it exposes traders to large risk, liquidity-wise. To head off such risks, most futures exchanges use a liquidation engine. That’s specifically what BaseFEX has in situ too, including associate degree insurance fund. The liquidation engine eliminates positions that have extended the upkeep margin. On the opposite hand, the insurance fund covers positions that ar liquidated too late. The last element of the danger management system is associate degree auto-deleveraging setup, that eliminates socialised losses, through the deleveraging of opposing positions when/where required. BaseFEX’s official website covers all this in nice detail. Long story short: your balance cannot go below zero. Before we have a tendency to get to it, we must always take a glance at futures contracts and their peculiarities. By definition, a derivative instrument is associate degree agreement between 2 parties, regarding the shopping for or the commerce of a mere trade goods or money instrument, at a group date, for a group worth. Although most futures commerce is speculation-focused in nature, there's associate degree actual real-world utility for these contracts. Through futures, farmers will as an example lock in a very worth for his or her wheat harvest, before they plant the crops. This course of action offers trade goods producers a degree of protection against the caprices of the market. As mentioned, however, most futures commerce is cash-settled associate degreed doesn't involve the delivery of an actual trade goods. While BaseFEX’s futures provide fits that bill, rather than money, it's crypto settled. Futures commerce is riskier than the commerce of stocks, on account of the leverage concerned. this can be true in BaseFEX’s case too, that is why it's necessary to possess correct risk management systems in situ. As mentioned, a derivative instrument is usually associate degree agreement between 2 parties: a customer and a vender. Through its exchange platform, BaseFEX matches consumers and sellers. The profits/losses ensuing from these contracts rely on the daily worth movements of the underlying plus. If you purchase BTC/USD at $5,240 and it expires at $5,245, your profit at the top of the day is $5. you'll be able to increase your profits by shopping for additional contracts and thru leverage. What You fully should comprehend Futures Contracts The number. you've got to grasp the precise price of one contract. At BaseFEX, the bottom currency is BTC. value} of a perpetual BTCUSD contract is one USD worth of Bitcoin. The marked worth is set through the honest worth Marking technique at BaseFEX. This worth sets the unsuccessful PNL and also the Liquidation. Margins. the upkeep and also the initial margin outline the leverage you'll be able to use still because the purpose of liquidation. Details concerning the settlement. once and the way your contracts expire is of the essence. These details vary from one instrument to a different. BaseFEX provides due info during this regard in its Contract Specifications sections. The basis determines the discount or premium at that the futures contracts trade, compared to the damage of the underlying plus. The distinction Between Futures Contracts and Perpetual Contracts Futures contracts expire. What this implies is that traders have to be compelled to flip over their terminated positions. whereas this entails sure prices, futures don't incur funding fees. Perpetual contracts on the opposite hand – as their name suggests – don't expire. Instead, they pay or earn funding fees. This contract kind is healthier fitted to traders trying to create use of leverage. Its obvious advantage is that it doesn't have to be compelled to be turned over. the downside is but that perpetual contracts lack transparency. Traders won’t understand ahead what their potential funding profits/costs seem like. With futures, there are not any such issues. The parties concerned understand the worth ahead. Perpetual contracts keep open till the monger closes them. Be aware that perpetual contracts ar the sole contract kind that BaseFEX presently supports. According to the BaseFEX website, the exchange can add additional merchandise presently. One more core construct you would like to totally grasp before gap associate degree account with BaseFX is that the construct of commerce with borrowed cash. that's in the end, what margin and leverage very mean. The minimum margin that BaseFEX will offer you is eighteen and also the most out there leverage is 1:100 on sure merchandise. Leverage will boost your profits, however it will do constant to your losses. At BaseFEX, because of the danger management protocols and systems that we have a tendency to careful higher than, you are doing not run the danger of losing over your account balance. How To produce associate degree Account At BaseFEX? BaseFEX emblem Registering associate degree account with BaseFEX is refreshfully straightforward and fast. All you've got to produce is associate degree email address, a password, a nickname and also the country wherever you reside. Actual registration solely takes many seconds. associate degree email is shipped to the address provided through the registration page, containing a verification code. Once you feed this code back to the registration loop, you're done. The code expires comparatively quickly, thus confirm you enter it in due time. BaseFEX may be a direct service supplier in relation to access to its exchange platforms. It offers a testnet-based commerce possibility still as a live one. each platforms ar web-based. In fact, they're one and also the same, with constant options and practicality. We have found but that you just have to be compelled to produce separate accounts for them to be ready to access them. you'll not be ready to log into the testnet version along with your live version login/password. Think of the testnet platform as a kind of Demo account. You won’t receive free testnet Bitcoin by default, however. Instead, you'll ought to acquire it from one amongst the testnet Bitcoin taps listed at BaseFEX’s Deposit page. Testnet Bitcoin carries no cost, thus you'll be ready to place the platform to the take a look at unhazardous through it. The faucet request solely takes many seconds. That said, the testnet Bitcoins take quite an bit to truly settle in your account balance. Once you're feeling snug with the testnet platform, you're able to go on to the $64000 deal. The BaseFEX Trading/Exchange Platform The BaseFEX live platform may be a straightforward however extremely practical commerce resolution. you'll be able to access it at one click from the homepage of the official website. It displays everything referring to the commerce activity on one page. The restricted plus choice is on the left aspect, right next to the TradingView chart. As so much as charting goes, this can be an honest selection on the a part of the platform supplier. everybody is aware of TradingView charts and also the TA-focused options ar plentiful. The interface conjointly offers associate degree Order Book still as a list of recent trades. How does one truly trade? How to obtain and sell on BaseFEX There ar 2 forms of orders you'll be able to use: Market and Limit. Through Market Orders, you'll jump directly into the action. The system executes such orders straight off, at the most effective out there worth from the order book. There could be some slippage, therefore the execution worth could take issue slightly from what you suspect it'll be. Limit Orders leave some additional space for maneuvering. This order kind permits you to line a worth threshold. The system can solely execute your order at that worth, or better. BaseFEX provides you many ways in which to tweak your order’s Time good still. smart until Cancel is clearly the default here. Immediate or Cancel can trim all empty parts of your order, straight off when placement. FoK (Fill or Kill) tells the system to execute your order utterly and straight off, or if unable to try and do thus, to cancel it entirely. If you wish to grab the Maker discount, click the Post solely possibility. This way, you'll keep your order from being dead against the market. If opportunities arise for its execution within the form of resting orders, your order are going to be canceled. The scale back solely possibility can solely execute your order if it reduces your position. If it stands to extend it, the order is canceled. In addition to those fine tweaks, you'll be able to conjointly regulate the leverage on your position. The Entry worth and also the Liquidation worth are displayed, in conjunction with your come back on Margin (always helpful to know). The Liquidation worth acts as a kind of stop-loss, killing your position if your mark worth wanders above/below it, looking on whether or not you're shopping for or commerce. With all the variables crammed in, all you would like to try and do is to hit the inexperienced (Buy) or Red (Sell) button to execute your order. You can track your active orders still as your order history at all-time low of the commerce interface. The exchange solely accepts BTC deposits. creating such a deposit may be a matter of many clicks. The funds show up when only one confirmation. The minimum needed deposit is BTC zero.0001. confirm you are doing not send LTC or BCH to the deposit address, as your funds are going to be lost. Also, listen to what you’re doing with the testnet version. don't deposit real BTC there, underneath any circumstances. Posted by James Howlett at Labels: Altcoins, BaseFEX, Bitcoin, Cryptocurrency Exchange, trading platform, trading with leverage

lessons learned from the stock market and applying them on the cryptocurrency market is not necessarily a smart move though.This blog post will outline a few differences and similarities between shares and cryptocurrencies and their respective trading environments, and hopefully, give you an overview over what to think about when comparing the two.First of all, an inescapable similarity between shares and cryptocurrencies is that the value is what another person is prepared to purchase the share/crypto for. If the stock or crypto price is USD 10, and a seller suddenly wants to sell for USD 100, then the value is USD 100 as soon as such seller finds a buyer. So, in a sense, the only thing that really matters is what other buyers or sellers in the market are willing to buy/sell for. Unlike for cryptocurrencies, however, there are several different ways to value shares. The most commonly used valuation methods are the following.You arrive at the P/E Ratio by solving the following division: Market Value per Shares/Earnings per Share. By performing that division, you will arrive at PE number. If the PE number is 20, that means that an investor is willing to pay 20 times the earnings per share to acquire one share. In order to know whether a company’s PE number indicates that you should buy or sell the share, you must also know the PE number for comparable companies in the same industry.Net Asset Value or NAV is essentially the accounting value of a firm, calculated by adding up its assets and then subtracting liabilities and intangible assets such as goodwill or brand value. Effectively, it is what shareholders would own if the company was wound up and its creditors repaid. If a company’s share price is less than its Net Asset Value per Share, it could be an interesting acquisition as you are effectively getting the assets for less than their accounting value.The DCF valuation model is a bit more complex. What you do when assessing the share price with the DCF model is to – based on profit forecasts etc – total the expected returns at a time in the future, and then discount them back to a per share value in today’s money that can be compared to the share price. If the discounted value is lower than today’s share price, then the share is attractively priced.None of the above valuation models work on cryptocurrencies. The reason being that all of the above valuation models are based on the financial statements and forecasts of the Company and that companies issuing cryptocurrencies are not required to publish any such statements or forecasts. Accordingly, we simply do not have the data we need for doing the relevant valuations when it comes to investing in virtual currency and even if we had – such valuations would be useless seeing that your possession of such a currency gives you no right to the company’s assets. This, that no one really knows the “true” value of any cryptocurrency, is an inherent risk in investing in cryptocurrencies.A big difference between shares and cryptocurrencies on a conceptual level is that cryptos (as mentioned briefly above) give you no ownership interests or voting rights in the underlying entity. If you own shares representing 1% of the share capital in a company, you also own 1% of the company. In the event of bankruptcy, you are entitled to receive 1% of the company’s remaining assets (after certain prioritized debts have been paid). You are also entitled to vote for your shares at such company’s general meetings. When you own 1% of the outstanding coins that a company has issued, you own 0% of the company and you are not entitled to vote at such company’s general meetings. It can be argued, however, that the no-ownership and no-voting rights aspect with cryptocurrencies is irrelevant, seeing that 99% of the shareholders on Nasdaq also only own shares for potential ROI and don’t really care about the actual ownership or voting rights.An additional difference between shares and cryptocurrencies is the access to dividends. Successful companies often give its shareholders a yearly dividend amounting to a few percentage points of the share price each year. The size of the dividend is proposed by the board of directors of the company and resolved upon by the company’s general meeting of shareholders. The dividend feature doesn’t (with a few voluntary exceptions, e.g. the token issued by the KuCoin platform) exist in the cryptocurrency world. To be fair here, it should be noted that some cryptocurrencies split into separate cryptocurrencies. We call this a Fork. This can in some aspects be viewed as dividends.Another huge difference between shares and cryptocurrencies is that shares are heavily regulated. There are numerous rules and regulations regarding what companies in the stock market must and must not do and what the investors in the stock market must not do.For instance, the rules on insider trading prohibit people in the market from trading based on price-sensitive information (being information that has the potential of influencing a particular company’s share price). Accordingly, as an investor, you cannot take advantage of other investors not having the price-sensitive information you have. This is however fully possible in the cryptomarket. This can be further illustrated by an example.EXAMPLE: Robert works at Tech Company LLC. Tech Company LLC have issued shares traded on a stock exchange, and tokens traded on several cryptocurrency exchanges. Robert happens to know that the company has developed a superefficient and market-changing technical solution that the company will announce to the public on Wednesday. If Robert purchases shares on Tuesday, he might (if caught) be sentenced for insider trading and can possibly face some time in jail. However, if Robert purchases tokens on Tuesday, he will not be liable for anything and can enjoy any gains made when the news is published on Wednesday.Another important part of regulation is the rules on periodic distribution of financial statements. As mentioned above when discussing the valuation models, companies with shares traded on a stock exchange are required to release yearly and quarterly financial statements, showing how the company’s business has developed during such period and is expected to develop going forward. If the company has reason to believe that the expectations are flawed, the company must issue a public statement revising such expectations. Companies with tokens traded on a crypto exchange are under no obligation at all to provide any information as to the company’s financial statements or expectations.Needless to say, the absence of regulation and obligations to present financial statements is an inherent risk in investing in cryptocurrencies and a difficulty when deciding which digital currency to invest in.The stock markets close. The exchanges where you can trade financial instruments are not open during the weekend and normally close in the afternoon, around 5 p.m. (the exact time dependent upon in which country the relevant exchange is based). If you want to be on top of your holdings and never miss a beat, you can comfortably sit back in your sofa when the stock markets close and look back on a (hopefully) successful day. This is not possible in the crypto world. The cryptocurrency exchanges are open 24/7 for the whole year (including Christmas). So, if you can’t relax until the markets are closed, trading cryptocurrency for profit is nothing for you.Another difference between shares and cryptocurrencies is the fees for trading. In the crypto world the main fees to be concerned about are the “maker/taker fees” and the withdrawal fees, whereas in the share world you first and foremost have the brokerage fees.The maker and taker fees that are the common versions of trading fees. To summarize, a trade gets the taker fee if the trade order is matched immediately against an order already on the order book. This order removes liquidity from the order book. A trade gets the maker fee if the trade order is not matched immediately against an order already on the order book. This order adds liquidity to the order book. When a fee is flat it is equally high or low irrespective of whether you are a taker or a maker.When trading on the stock market there are no taker or maker fees, both parties are charged with fees, being brokerage fees. The brokerage fees are normally dependent upon from which account you are trading.Today, an “industry standard” is that the taker fees are in the interval of 0.20% – 0.25%. Brokerage fees, however, vary from country to country but a global industry average is far below the above-mentioned interval. On the flip side, some crypto exchanges offer 0-fee trading (Cobinhood, ZB.com, Indodax, Coincheck) (and a few exceptions even offer negative trading fees, usually maker fees, meaning that you can get paid to trade: BitMEX and HitBTC). To Cryptowisser’s knowledge, there are no such brokerage fees in the world of share trading.A final difference between shares and cryptocurrencies to highlight is that many cryptocurrency exchanges charge withdrawal fees when a trader wants to take home his/her profits. This is uncommon when share trading.The conclusion to be drawn based on the above analysis is easy: an investment in cryptocurrencies is riskier than an investment in shares. The price of a share is more correctly set by the market (as the company releases financial statements periodically that are the basis for different valuation models to apply). But, on the flip side, an investment in cryptocurrencies provides less “obstacles” to be concerned with (e.g., less prohibited trading practices and unlimited trading hours) and the potential for generating extreme profits is much bigger in the crypto world (mostly due to the volatility in the crypto world).Just as with any investment practice, our recommendation is to do your research before starting to trade in crypto. We hope that this has helped you learn more about the difference between shares and cryptocurrencies.If you like above article then Bloqtimes recommends below articles which might be of interest to our readers.• Cryptocurrencies and Blockchain Dictionary • What is a Digital Wallet, Hardware Wallet, Web Wallet and Paper Wallet? • World’s Richest Person in CryptocurrenciesThis article by Richard was first published on CoinCentral. This article is republished with some updates under the terms and conditions of Bloqtimes and CoinCentral Partnership.Like this article, then support us by sharing it with your friends on social media and feel free to leave any thoughts & feedback in the comments section. If you have any questions or suggestions shoot an email at: contact@bloqtimes.comDon’t forget to Follow us on Twitter and Facebook for latest Bitcoin, Blockchain & Crypto News.This site uses Akismet to reduce spam. Learn how your comment data is processed.thanks for analysis, Bitcoin is crashin right now...[…] What is Zebpay, How to Buy Bitcoin in India • 10 M...[…] What is Zebpay, How to Buy Bitcoin in India • 10 M...[…] Is Bitcoin Price About to Crash? • Prepare to be S...How much percent of your portfolio should be in cryptocurrencies?

their story, what follows is an astonishing Chinese article that has been very roughly translated from Chinese with little modification. It tells the story of the bitcoin mining industry in China like never written before, and though it is a bit difficult to follow in places, we find it fit to print in full and with the Chinese accent: At 850 AD, a mission led by Buddhist monk Wu Zhen set off from Dunhuang and took two years to finally reach the capital of the Tang Empire, Chang’an. In the Zichen Hall of Daming Palace, Wu Zhen brought a great news to Tang Xuanzong Li Chen who was far away thousands of miles away-Shazhou Guangfu. Since the beginning of the Anshi Rebellion, Tang Ting’s border defense was empty, and the Tibetans took the opportunity to occupy the land of Hexi. When the Zhang Yichao uprising in 848 recaptured Shazhou (now Dunhuang), the Tang dynasty lost this land for nearly a hundred years. The Tang dynasty, who had fallen from its peak, was unable to send troops to support Zhang Yichao’s Guiyi Army. However, under the leadership of Zhang Yichao, Gui Yijun has regained more than ten states, including Gua, Yi, Liang, etc., with more than 4,000 miles of land, and a family of one million households. All the Tibetan forces were expelled from the Hexi Corridor Tang Weiyi. To commemorate Zhang Yichao’s historical achievements in recovering Hexi, the local people dug a large cave (now 156 caves) at Mogao Grottoes and drew the famous “Plan of Zhang Yichao’s Army Travel”. However, for such a hero with great achievements, he was forgotten in the official history because he was far away from the Central Plains. Regardless of the old and new Tang books, or the history of the old and new five generations, there are only a few records of Zhang Yichao. The detailed historical materials about Zhang Yichao and Gui Yijun today are more from Dunhuang’s suicide note and inscriptions, which makes people sigh. Time returns to modern times. In the context of global trade disputes, semiconductors have become the focus of attention of the people. Whether it is a national fund of hundreds of billions in size or more than 20,000 chip startups added in the past six months, it shows that The chip industry has become the sweet and sour in people’s eyes. However, just as people only remembered the hundreds of rivers and rivers, the prosperous Tang Dynasty of Wuhua Tianbao, but forgotten the mountains and rivers, and returned to the Yijun Army for thousands of miles. In the current domestic hot chip industry, there is also a forgotten lone army. This lone army is a mining machine chip manufacturer represented by Bitmain and Jianan Yunzhi, which has created a record of mass production of the world’s first 7nm chip. Monopoly With nearly 90% of the global mining machine chip market share, as the top ten customers of TSMC, the order volume once exceeded that of Huawei HiSilicon; but it is also this lone army that has long been excluded from the ranking list of the domestic chip industry. Besides, it is not known to everyone, and there is no policy assistance. Perhaps many people will sneer at mining machine chips that involve cryptocurrencies, but compared to the semiconductor industry that has spent a lot of money to support but still weak in the past thirty years, domestic mining machine chip manufacturers have defeated foreign countries in less than ten years. Many manufacturers have monopolized the global market share. What else is there to ridicule this lonely army? The success of China’s mining machine chips is by no means low in the development of mining machine chips among some populations, otherwise why have foreign mining machine manufacturers been eliminated? This is no accident, because in addition to Bitmain and Jianan Zhizhi, there are many Chinese manufacturers such as Bitwei and Wuhan Xindong. In the field of mining machine chips, we can not only see legendary stories like Bill Gates dropped out and founded Microsoft, but also the wave of the era of the past decade. In November 2008, more than a month after the outbreak of the global financial crisis, Satoshi Nakamoto published a famous paper in the MIT mail discussion group — “Bitcoin: A Peer-to-Peer Electronic Cash System”; then In January 2009, the genesis block of Bitcoin was dug on a small server in Finland, declaring the official birth of Bitcoin. Time came in 2011, and Zhang Nan Geng, who was still in school at Beihang University, first came into contact with Bitcoin. At that time, bitcoin was still the era of GPU mining — in the bitcoin world, the miners with higher computing power, the more bitcoin they mine. To this end, Zhang Nan Geng, who has a professional background in circuit design, designed the world’s first FPGA mining machine. Subsequently, Zhang Nan Geng used the ID of “ngzhang” to promote his FPGA mining machine in the Bitcoin forum bitcointalk, and began to become famous in the industry. However, FPGA mining machines are gradually unable to meet market demand, and people have begun to turn their attention to the field of application specific integrated circuits (ASICs). For this reason, in June 2012, the Butterfly Lab in the United States fired the first shot of the development of the Bitcoin ASIC mining machine. If the Butterfly Lab’s ASIC mining machine was successfully developed, most of the computing power of the Bitcoin network will be controlled by them. With the ability to launch a 51% attack, Bitcoin will no longer be safe. In order to break the monopoly of Butterfly Lab, Zhang Nan Geng, who claimed to be “in order to defend the peace of the Bitcoin world”, also began to develop mining machines. However, at this time, Zhang Nan Geng was studying for a doctorate, and he was unable to focus on the research and development of ASIC mining machines with heavy academic tasks. To this end, Zhang Nan Geng made a bold decision — directly drop out of school and start a business. At that time, the news of Butterfly Lab’s research and development of ASIC mining machine also reached another talented young man in China-Jiang Xinyu. Known as the “roasted cat”, Jiang Xinyu was admitted to the Junior Class of the Chinese University of Science and Technology with the 11th place in the country, and then went to Yale University for further study in 2011. At Yale University, Jiang Xinyu first encountered Bitcoin and quickly became interested in it. He also suspended school from Yale and registered his own company Bitfountain in Shenzhen in July 2012, focusing on the research and development of Bitcoin ASIC mining machine. In the first half of 2013, Jiang Xinyu and Zhang Nangeng’s mining machines were successfully developed, and the first batch of mining machines was delivered. But at this time Butterfly Lab is still wandering around, the chip design problem can not be solved, and the delivery date is far away. In September 2013, Avalon mining machine chips achieved mass production and large-scale shipments, and soon 800,000 chips were put on the market; Jiang Xinyu’s roast cat mining machine also occupied 20% of the computing power of Bitcoin’s entire network at this time. , Becoming the biggest winner in the field of mining machine chips. At this point, the era of ASIC mining has officially arrived, and domestic mining machine chip companies have taken the lead in this field. Over the years, looking back on this past, many people will find it incredible-chips have always been a weak industry in my country. But why are Chinese mining machine chip manufacturers so successful in the early days? In addition to the “harmony” factors of Zhang Nangeng’s “breaking the cauldron” and Jiang Xinyu’s “brilliance”, there are more two reasons: the particularity of the mining chip market and the demographic dividend of Chinese engineers. (1) Particularity of the mining machine chip market In the field of chip design, there has always been a misunderstanding in the market: the bottleneck of domestic chip design lies in backward technology, and taking the Huawei incident as an example, it is pointed out that my country is currently constrained by people in terms of EDA software and underlying architecture. However, before 2018, my country’s chip design companies were not greatly affected by the use of EDA software and the authorization of the underlying architecture, but the number of chip design companies that have grown up is still small. In fact, the development bottleneck in my country’s chip design field is not only in the field of technical barriers, but more importantly is the lack of market support. The embarrassment of most chip design companies in my country is that the designed chips are not used by customers, and the problems of the chips must be continuously applied in practice to be discovered and solved. Take Huawei HiSilicon as an example. In 2012, Huawei mobile phones began to carry chips designed by HiSilicon. However, the performance of HiSilicon’s K3V2 chip was extremely poor at the time, which caused the Ascend D series of mobile phones launched by Huawei to be criticized by consumers as soon as they were released: severe fever and slow loading. Even so, Huawei still chooses to insist on using HiSilicon chips and continuously optimizes them. By 2018, HiSilicon’s Kirin 980 chip performance has reached the world’s top. Without Huawei mobile phones’ unconditional support for our company’s chips, there would be no Huawei HiSilicon today. Compared with Huawei HiSilicon’s accumulated product development, mining machine chip manufacturers are more fortunate, which mainly depends on the particularity of the mining machine chip market: first, most of the mining machine equipment at that time were GPUs, and the ASIC field was still a blank market. New products and new products that belong to the market; and large companies such as Nvidia and Qualcomm do not bother to enter the field, which allows new entrants to avoid competition with industry giants and have the opportunity to grow bigger and stronger. Secondly, mining machine chips have strong financial attributes. Ordinary chips are mainly used for various production and living activities, while mining machine chips can generate cash flow income through mining. In terms of computing power, ASIC is hundreds of times higher than the GPU of the same generation. Higher computing power means higher mining income: at that time, an Avalon mining machine priced at 8,000 yuan was able to earn nearly 70,000 yuan in income every day through mining. As far as ordinary chips are concerned, users are more concerned about the performance of the chip; but for the early mining machine chips, as long as the user can buy a mining machine, it means considerable profit, and the performance of the mining machine chip itself At that time, it seemed less important. Therefore, as soon as the ASIC mining machine is launched, it is immediately welcomed by the market, and the mining machine manufacturers can continue to optimize the mining machine chips while selling the mining machine, thereby forming a positive cycle. (2) Demographic dividend of Chinese engineers A large part of the success of Chinese mining machine chip manufacturers is due to the demographic dividend of Chinese engineers. The ASIC mining machine chip is essentially the hardware implementation of the SHA265 algorithm, and the design is not difficult. Especially in the early stage of 0-1, it does not require the participation of top talents in the field of integrated circuits. In the past two decades, colleges and universities in my country have cultivated a large number of talents with a background in science and engineering, forming a demographic dividend for the group of engineers. According to official statistics, the number of graduates of science and technology in my country has risen from 20,000 per year in 2000 to 200,000 per year in 2018, with a compound annual growth rate of nearly 25%. The large group of engineers in the past decade may not be the top in the industry, but it has obvious advantages in labor cost and efficiency. This was fully reflected in the early competition with the American Butterfly Laboratory. At the beginning of the ASIC mining machine proposal, the domestic Avalon mining machine used 110 nm process technology, the roast cat mining machine used 130 nm process technology, and the butterfly laboratory in the United States used 65 nm process technology from the beginning. As recalled by those who experienced it at that time: Compared with the domestic developers who are suffering from high fever, they develop the mining machines around the clock; the developers in the United States are all people who love life and will not focus their energy on the development of mining machines. Butterflies has been open for booking since June 2012, but there has been no delivery until a year later, and domestic mining machine manufacturers have begun mass shipments at this time. In 2013, the mining machine chip market belonged to the “Gemini” era of Zhang Nan Geng and Jiang Xinyu. Domestic mining machine chip manufacturers relied on the engineer dividend to get the lead on the starting line, but this advantage is not solid because of the design of the mining machine chip at the initial stage. The difficulty is not great, and the entry barrier is very low. Due to the high profits of the early mining machine market, many new mining machine manufacturers have emerged in the country, and a lot of foreign manufacturers such as Russia, Sweden and Japan are watching. In the fierce market competition, how did domestic manufacturers win the final victory? This has to talk about a famous company-Bitmain. Compared with the prestigious Bitmain, the experience of its founder Wu Jihan is also legendary. Wu Jihan, a graduate of Peking University in economics, worked in the financial industry in his early years. Since 2011, he has paid attention to Bitcoin and has done a lot of work for it: becoming the moderator of the Bitcointalk Chinese community, the first time he will be Satoshi Nakamoto’s Bitcoin paper Translated into Chinese, and the science fiction writer Chang Keng established the first bitcoin information exchange platform in China-Babbitt. In April 2013, Wu Jihan, who saw the right timing, resigned from the financial industry and established Bitmain with the Jenke group with a background in IC design. Under the leadership of the Zhanke regiment, Bitmain quickly developed a 55 nm mining machine chip, and launched the Ant S1 mining machine in November 2013. With its excellent performance, Bitmain quickly occupied a part of the market share. However, the good times are not long. In December 2013, the cryptocurrency market began to enter a cold winter. The price of Bitcoin fell from the peak of $1,100 to the lowest point of $200. In the long winter of 2014, the mining machine market was also greatly affected, and a large number of mining machine manufacturers closed down. The “genius boy” Jiang Xinyu also did not survive this winter — Jiang Xinyu launched the third generation chip BE300 in early 2014, but there were serious quality problems, which led to the slow sale of the chip, and Jiang Xinyu, which suffered serious losses, then disappeared from people’s vision.. Unexpectedly, Bitmain began to rise in the cold winter: Ant S2 mining machine began to sell in April 2014; Ant S3 mining machine was launched in July; Ant S5 mining machine was mass-produced in December; in November of the second year The successful development of the Ant S7 mining machine…Under the fierce offensive of Bitmain, when the market gradually recovered in the second half of 2015, people were surprised to find that almost only the Antminer of Bitmain remained in the mining machine market. In 2015, Bitmain’s annual net profit reached 334 million yuan, making it a well-deserved industry giant. Why can Bitmain achieve such great success? Many people think that the design of mining machine chips is low, which was true at the beginning, but as the mining machine market gradually matures, chip design has begun to show a trend of specialization and industrialization. The special feature of the mining machine chip is that it is mainly used for parallel computing, so the computing power is not so important. The key is the power consumption of the chip-for the two mining machines with the same computing power, who consumes less power, then Whose electricity cost is lower, and thus has an advantage in the market. To this end, after a series of explorations, the developers of Bitmain have discovered a standard unit suitable for a large number of tubes with dynamic logic area. The special feature of this standard unit is that its trigger is dynamic. Compared with the static logic flip-flop, the advantage of the dynamic logic flip-flop is that its area and power consumption are half of the former. Similarly, during this period, Yang Zuoxing, a Ph.D. graduate of Tsinghua University, began to join Bitmain as a part-time job, and brought a fully customized methodology. As we all know, current chip design relies on EDA (Electronic Design Automation) tools, and fully customized methodologies break this model. The fully customized methodology adopts customized and artificial design in the three design links of RTL designed fab cell library, logic synthesis and layout, and every detail design strives to be meticulously carved. Despite this inefficiency, all aspects of the chip have been custom designed, resulting in a significant increase in the power consumption × area optimization ratio of the chip. Under the dynamic logic scheme and fully customized methodology, Bitmain completed the research and development of the Ant Miner S7 series (28 nm) and S9 series (16 nm) in 2015. The performance of these two models is far superior to other manufacturers, and the cost of their products is only half of that of their competitors. The chip design industry is characterized by its special market structure. For the general industry, low-end products occupy most of the market share, but high-end products have a lower market share. What is special about the chip market is that there is often a “winner takes all” situation. With the successful sales of ants S7 and S9, Bitmain has become a giant in the mining machine chip market, occupying more than 80% of the market. Under the strong technical advantage of Bitmain, foreign mining machine chip manufacturers have been out of business: in 2014 and 2015, high-profile KNC, bitfury, Spondoolies-Tech, 21 Inc. all soon declared bankruptcy or withdrew from the mining machine chip market. With the turnover of Bitmain’s employees, dynamic triggers and fully customized methodologies have gradually spread to other domestic chip manufacturers, but related technologies are still retained in China. In 2017, the Japanese GMO company wanted to enter the mining machine chip market, but its outdated technical design simply could not compete with domestic manufacturers, and soon withdrew from the market due to losses. At this point, the mining machine chip market has become the world of Chinese manufacturers. Data show that in 2017, China’s three major mining machine manufacturers, Bitmain, Jianan Yunzhi and Yibang International, monopolized nearly 90% of the global market share, and the rest were also used by other Chinese companies such as Wuhan Xindong, Bitwei, etc. Manufacturers share. In 2017, Bitcoin ushered in a bull market, with a year-on-year increase of up to 1700%. The huge investment income has attracted the attention of the world. For a time, bitcoin and blockchain became the hottest topics in the market. Many blockchain companies were born like mushrooms. The A-share market saw the rise of “blockchain concept stocks.” The venture capital circle also began to rise. “All in Blockchain”, as the most profitable mining machine manufacturer in the industry has also become a hot company. In December 2017, when the market was the craziest, Bitmain’s sales were treated like stars, and customers gave gifts to the sales and invited guests to dinner, just to get orders for ant mining machines. The order has been placed in the spring of the second year. According to Frost & Sullivan’s data, in 2016, the market size of ASIC mining machines was only 700 million U.S. dollars, and by 2017 its market size reached 3 billion U.S. dollars; of the mining machine delivery volume that year, Bitmain 940,000 mining machines were sold, Jianan Yunzhi 290,000 units, Yibang International 50,000 units, occupying 88% of the global market share. Under this circumstance, mining machine companies have begun brewing for listing. On September 26, 2018, Bitmain officially submitted the prospectus to the Hong Kong Stock Exchange, plus Jianan Yunzhi and Yibang International respectively went to Hong Kong to submit listing applications in 2018, and for a while, the mining machine chip company occupied the capital Market headlines, and the outside world can finally glimpse the business revenue of these mysterious mining machine manufacturers. Of course, the results are unexpected and its operating performance is better than most A-share listed companies in the same industry. In terms of operating income, Bitmain’s revenue reached 16.452 billion yuan in 2017, and the highest operating income of A-share semiconductor companies listed in the same period was 26.158 billion yuan from Trina Solar. Therefore, from the perspective of revenue ranking, Bitmain will rank fourth among all A-share semiconductor listed companies, which is lower than the second place of Changdian Technology’s 23.85 billion yuan and the third place of Ninestar’s 21.3 billion yuan, but higher than Longji shares of 16.36 billion yuan. From the perspective of net profit, Jianan Yunzhi and Bitmain have maintained a net profit growth rate of more than double for three consecutive years. In 2017, Bitmain’s net profit reached 4.583 billion yuan, Jianan Yunzhi’s 361 million yuan, and Yibang International’s 385 million yuan. If ranked together with listed companies in terms of net profit, in 2017, Bitmain’s net profit can be proud of the entire semiconductor industry — the highest net profit among A-share semiconductor listed companies in 2017 is Longji, but its net profit is only 3.549 billion. Yuan, a net profit of nearly 1 billion yuan less than that of Bitmain. However, because the blockchain business is too advanced, the HKEx has doubts about the continued operating capabilities of the mining machine manufacturers, and finally rejected the listing applications of the three major mining machine manufacturers. The blockchain company’s first attempt to go public went out of business. Then the three major mining machine giants turned their attention to the U.S. securities market: On November 21, 2019, Jianan Yunzhi successfully landed on NASDAQ in the United States and became the world’s first blockchain-listed company; in June 2020, Yibang International successful listing in the United States; according to related reports, Bitmain is also preparing to go public in the United States. (Hangzhou City’s light show to celebrate the listing of Jianan Yunzhi as the “first block in the global blockchain”) The ups and downs of the mining machine manufacturers have not reached the end with the listing in the United States. In the near future, they will continue to express their own glory. Perhaps many people will disdain this, thinking that the miner chips are worthless except for the mining of encrypted digital currencies. This kind of erroneous view that is quite popular in the current market, but many people do not realize that the value and significance of the mining machine chip to the semiconductor industry is no less than that of the national integrated circuit fund with hundreds of billions of scale, at least reflected in the following three aspects: (1) Cultivation of talents in the semiconductor industry The problem with my country’s chip industry is that the industry itself is a talent-intensive industry, but it is far from attractive to talent. According to the survey of “White Paper on Talents of China’s Integrated Circuit Industry (2018-2019)”, there were 8.2 million college graduates in China in 2018, and the total number of graduates in integrated circuit-related majors was about 199,000, but only 38,000 integrated circuit-related majors Of graduates enter the industry, that is, only about 19% of graduates enter the semiconductor industry. The main reason is that the salary level of the chip industry is not high. According to statistics, among the listed companies in China in 2019, the average salary of executives in the financial industry was 22.8 million yuan, the real estate industry was 14.78 million yuan, and the semiconductor industry was only 9.541 million yuan. Without a competitive salary in the market, it is impossible to attract talents, so there is a large talent gap. According to the “White Paper”, there is still a gap of 261,000 people in China by 2021. In comparison, the average salary of the blockchain industry where the mining machine manufacturers are located is very high. According to the relevant data of Liying.com, the average annual salary of technical posts in the blockchain industry in 2019 is 384,000 yuan, which is higher than the 201,000 yuan in the Internet industry. Compared with before 2018, the treatment of the semiconductor industry is much lower than that of the Internet industry, resulting in the majority of integrated circuit graduates flowing into the latter, and the rise of the field of mining machine chips has attracted a large number of excellent talents to devote themselves to the design of mining machine chips. The field includes Yang Zuoxing, the founder of the current bit micro company we introduced earlier. There is no doubt that the mining machine chip manufacturers, especially in the “national learning core” in 2018, before the upsurge of chip localization, their generous salary treatment has retained a large number of chip design talents for my country’s semiconductor industry. Even more commendable is that, compared to university researchers who have never been in contact with the “striping” link, mining machine chip manufacturers provide an excellent platform for China’s chip practitioners, whether it is the world’s leading 7nm process or the most advanced. The advanced 5nm process can be involved in the design and testing at the first time, and a lot of knowledge and experience have been accumulated in the “dry middle school”. (2) Technology accumulation in frontier fields A big misunderstanding of many people’s mining machine chips is that their accumulated technology is not useful in other fields. This view may have been correct in the past, but at the time when artificial intelligence is rising and Moore’s Law is becoming invalid, these technologies have shown great value and use. The first is in the field of artificial intelligence. Due to the increasing demand for edge computing, AI has begun to move from “cloud” to “terminal”. In all kinds of platforms, the CPU is good at control, and its design determines that in order to reduce the waste of computing power during data transmission at work, it needs to accumulate a certain amount of data before calculating, which cannot meet the strong real-time nature of AI needs; GPUs only use part of the computing resources while burdening high power consumption. Whether it is in the cloud or terminal, it is not an option with a good energy consumption ratio. Therefore, in high-performance, low-power terminals, ASIC chips are becoming increasingly popular. In addition to being unable to expand, ASIC chips have advantages in power consumption, reliability, and volume. For this reason, market analysis generally believes that with the development of edge computing, ASIC will become the core of future AI chips. The Ovum survey report pointed out that in 2016, the cloud (including enterprises, data centers, etc.) is the main revenue field of deep learning chips, accounting for 80%, but by 2025, this proportion will change, and the edge will reach 80% %, and the proportion of the cloud is reduced to 20%, ASIC’s market share is expected to rise significantly as the demand for edge computing increases. It is expected that the market share of ASIC will increase significantly from the current 11% to 48% by 2025. At present, mainstream ASICs on the market include TPU chips, NPU chips, VPU chips and BPU chips. Due to the long development cycle of ASIC, only large manufacturers have the funds and strength to conduct research and development, and Bitmain is the leader among them, and has accumulated a lot of technology and experience in the research and development of mining machine chips. In addition, Jianan Yunzhi, Yibang International and other manufacturers also have plans for the AI ​​field. Another application of mining machine chip accumulation technology is in the field of “Moore’s Law”. In the 1970s, Intel founder Gordon Moore proposed that “when the price is unchanged, the number of transistors that can be accommodated on an integrated circuit will double every 18-24 months.” At the same time, computer performance will usually double. However, since 2011, Moore’s Law has been difficult to continue. To this end, many semiconductor companies and professional institutions, including Intel, have pinned their hopes on “architectural innovation” to achieve “surpassing Moore”. “Full customization methodology” in the field of mining machine chips is a brand new “architectural innovation” direction: Ant S7, Ant S9, Shenma M3, Shenma M10 designed by Yang Zuoxing using a fully customized methodology, each generation of mining machine Compared with the mining machine chips designed by the traditional method with the same process technology, the launch of the power consumption has been improved by more than 4 times in terms of power consumption × cost optimization ratio. This is far beyond the improvement brought by simply relying on advanced process technology. Therefore, as Yang Zuoxing said frankly, the fully developed methodology has brought about innovations in chip design, and it is expected to continue to advance Moore’s Law for 5-10 years. (3) Promotion of domestic semiconductor industry In April 2020, Changdian Technology, an A-share listed company, announced that Wuhan Xindong Technology Co., Ltd. filed a lawsuit with the Wuxi Intermediate People’s Court due to unsatisfactory packaging quality, and claimed 175 million yuan from Changdian Technology. It is worth noting that according to the financial report, the annual net profit of Changdian Technology in 2019 is only 89 million yuan. Many people said it was incredible when they saw this news. This unknown Wuhan Xindong Company can actually claim the net profit of Changdian Technology for nearly a year. In fact, Wuhan Xindong is also a mining machine chip manufacturer in China, but it is smaller and more low-key than the market giants such as Bitmain and Jianan Yunzhi. Of course, many people have also realized that the status of miner chips in our semiconductor industry chain has been underestimated through this matter. It is the downstream wafer manufacturers and testing and packaging plants that have played an important role, especially in advanced In the field of process technology, its role is more important. Since 2017, Bitmain and Huawei HiSilicon have become TSMC’s two largest customers in mainland China. In October 2017, TSMC announced business revenue for the third quarter. Shockingly, demand from mining machine chips increased TSMC’s third quarter revenue by US$350 million to US$400 million. Even because the mining machine chip had a squeezing effect on Huawei HiSilicon’s Kirin chip production capacity. According to reports from Jiwei, Bitmain’s orders for TSMC’s 10nm process in December 2017 exceeded Huawei’s HiSilicon Kirin chip. Such phenomena can also be found in financial data. According to the prospectus and financial reports of the three major mining machine companies, from 2015 to 2019, the sales costs of Bitmain [footnoteRef:1], Jianan Yunzhi and Yibang International reached 8.324 billion yuan, 1.939 billion yuan and 949 million yuan. Among the various costs of mining machines, wafer manufacturing costs are about 75%, and packaging and testing costs are about 15%. From this, we can calculate that the three major mining machine manufacturers spend on wafer manufacturing and packaging in each year The cost, as shown in the figure below, in the wafer manufacturing field, the cost of the three major mining machine manufacturers increased from 392 million yuan in 2015 to 8.409 billion yuan in 2019; the cost of testing and sealing increased from 78.48 million yuan in 2015 to 2019 1.681 billion yuan a year, the compound annual growth rate has more than doubled. Take Changdian Technology, which provides sealing services for the three major mining machine manufacturers as an example. Changdian Technology is the largest domestic and the world’s third largest sealing manufacturer. According to the financial report, the operating income of Changdian Technology in 2019 was 23.526 billion yuan, and the net profit just turned into a profit, reaching 97 million yuan. Even so, most of Changdian’s profits actually come from government subsidies. In 2019, Changdian Technology disclosed a government grant of 103.587 million yuan. Similarly, in the three years from 2016 to 2018, Changdian Technology’s net profit was 106 million yuan, 343 million yuan, and -939 million yuan, corresponding to The government subsidies included in the current profit and loss amounted to 207 million yuan, 351 million yuan, and 155 million yuan. This also means that Changdian Technology, the world’s third-largest sealing manufacturer, largely relies on government subsidies to survive. Obviously, for the mining machine chip, which has reached a billion level and is still growing rapidly, it is very important for domestic sealing and sealing manufacturers. Similarly, in the field of wafer manufacturing, due to the large-scale, high-performance and low-power calculations required for mining machine chips, the demand for advanced manufacturing processes is very large. Since the mining machine chips are more concerned about performance and the need to seize the market, the price of wafers is not very concerned, so wafer foundries such as TSMC are happy to increase orders for mining machine manufacturers, even to allow mining Machine manufacturers participate in the testing of the latest process technology of 7nm and 5nm. Taking Jianan Yunzhi as an example, according to the latest news, the current domestic wafer manufacturing giant SMIC has begun to negotiate with Jianan Yunzhi on cooperation on 14nm mining machines. So how big is Jianan Yunzhi’s demand for 14nm process chips? According to the annual sales records of various types of mining machines and the number of chips inside the mining machine disclosed by Jianan Yunzhi, Ouke Cloud Chain Research Institute calculated its annual demand for advanced process chips. As shown in the table below, in 2019, Jianan Yunzhi’s demand for 16 nm chips is approximately 76.09 million, and it is expected that the demand for 14 nm chips will also remain at the same level. According to SMIC’s official news, as of the end of 2019, SMIC’s 14nm production capacity is only 3,000 to 5,000 wafers/month, and it is expected that it will only reach 15,000 wafers/month by the end of 2020. Considering the yield of wafers and the number of wafers on each wafer, we expect that if Jianan Yunzhi gave all orders for 14nm to SMIC, even if the capacity expansion is completed by the end of 2020, SMIC will need to spend 1 -2 months of production capacity to complete all orders. Therefore, for domestic foundry giants, orders from mining machine chips are definitely a considerable income, which will also promote wafer manufacturers in mainland China to develop more advanced process technology. postscript The founder of Bitmain Wu Jihan attended Nankai Middle School in Chongqing in his early years, and the Nankai series of schools were founded by patriotic educator Zhang Boling in 1904. Nankai Middle School for nearly a hundred years has nurtured a large number of well-known scholars and political elites for China. However, in the early years, Nankai Middle School was a private school. The funds for running a school mainly came from individual donations from society. However, private donors, such as politician Cao Rulin and warlord Yang Yide, made many donations to Nankai. The students protested, and Zhang Boling said: “Beautiful flowers may be poured out of manure.” Today’s mining machine chip manufacturers are more like Zhang Boling’s situation. As the blockchain technology is still in its early days, there are many market chaos, and people are also very vocal about the mining machine chip manufacturers. However, as the underlying blockchain technology of the encrypted digital currency, it may not be the “dung water” of some populations, but the future “mannose” — October 24, 2019, the Political Bureau of the CPC Central Committee on the blockchain The eighteenth collective study of technology development status and trends, national leaders delivered an important speech on this, affirmed that the integrated application of blockchain technology plays an important role in new technological innovation and industrial transformation, and the blockchain technology As an important breakthrough for independent innovation of national core technology. I believe that with the further development of my country’s blockchain industry in the future, people will more realize the value of mining machine chip manufacturers. [Editor in charge: Liu Yukun PT030] About the author: Ouke Cloud Chain Research Institute is a research institute of Ouke Group. The main research content is centered on the two major fields of blockchain industry and digital currency. It has close cooperation with governments, enterprises, universities and so on. Reputation. Ouke Cloud Chain Group is the world’s leading blockchain industry group. Headquartered in Beijing, China, it has branches or offices in more than 10 countries and regions such as the United States, Europe, South Korea, and Japan. Listed on the Hong Kong Stock Exchange. Comments

Steem Dollars (SD). Benefits of Internal Market The internal market has many benefits over other markets when it comes to trading STEEM. Among these benefits: No Fees Highest Security Lowest Spread Highest Liquidity No Fees The Steem blockchain doesn’t charge trading fees, but it will rate limit your account if you start consuming too much bandwidth. If you hit the bandwidth wall, you can always Power Up to get more access. Highest Security The internal exchange is secured by your account private key. This means you do not need to trust any third parties with your money. Lowest Spread Steem subsidizes the internal market with liquidity rewards that create market competition to give you the best price possible. The spread can be lower because some of the risk is absorbed by the network. Highest Liquidity This is another side effect of liquidity rewards. Traders make more by trading on the internal exchange and therefore there is the greatest market depth. Liquidity Rewards So if you are thinking about trading then you will need to have a solid understanding of how liquidity rewards work. Every single hour 1200 STEEM ($250+) is awarded to the market maker with the most points. A market maker earns points any time an order of theirs is filled after being on the books for more than 1 minute. Points are calculated based upon the volume of STEEM filled on both sides of the book. SCORE = BID_VOLUME * ASK_VOLUME As you can see, you gain the most points when you have equal volume on both sides of the book. After you receive your 1200 STEEM your BID/ASK volume are reset to 0. This means that everyone who trades consistently will eventually get a payout. The more volume you pull the more often you will get to the top of the queue. If you do not trade for a week then your volume will also get reset to 0. So don't get lazy, provide steady consistent liquidity and you will be rewarded. You only get rewarded for orders filled after being left open for 1 minute. This means canceling / moving your order will reset your time and disqualify you from rewards. It also means leaving orders on the book that never get filled will earn you nothing. Trading Strategy If there is only one trader, then it is easy to buy/sell against your own order. Market forces will quickly cause competition of bots to provide liquidity. Bots will end up placing orders in front of each other. Other users will also place orders on the book. Once this happens it becomes impossible to trade against yourself. Bots need to make the market in such a way that any losses from trading are less than the liquidity rewards earned. As competition increases, the profits from liquidity rewards will naturally fall toward 0. So if you are good with scripts and want to start a bot, there is some easy money to be earned trading. Profit off of Cheaters Some bots may want to trade against themselves with a narrow spread. Anyone can write a bot that buys their order and then turns around and sells it for slightly more. Flipping the market will naturally earn the traders a spread on every trade and simultaneously prevent bots from abusing liquidity rewards. Preventing Flooding Bots need to be strategic and ration their transaction rate. There is rate limiting on bandwidth proportional to Steem Power. This means that it is not possible to flood the market with transactions without quickly burning through your allotment of bandwidth. Liquidity providers will need to take this into consideration and possibly buy more Steem Power to maximize their potential market making profits. Getting most From your Steem Dollar Over the next week various markets / exchanges will be opening that will allow you to trade Steem Dollars for BTC, Tether, and other cryptos. It will likely be far more efficient for you to sell your Steem Dollars on these markets than to buy STEEM on the internal market and sell STEEM on Bitrex. Don’t forget your Steem Dollars are earning you interest while you hold them. There is no need to rush to claim your funds. Wait a few days for the markets to open up and liquidity to improve and you will get much more for your Steem Dollar.

interviews developers, authors, makers and thinkers in the Bitcoin space. Twitter: @bottomshelfbtcMore places to listenBitcoin Fiction (The Signal / A Libra Future) [Episode 46]Just me this week reading some Bitcoin fiction. I read a story I wrote called 'The Signal' and a thread from @obiwankenobit about a dystopian Libra future.ObiwanKenobits - https://twitter.com/obiwankenobitsObiwan's Thread - https://twitter.com/ObiWanKenoBit/status/1141408826731593728Reddit post of Bitcoin future - rom_the_future_here_to_beg/Support the Show: https://lncast.com - LN Cast (lightning powered podcasting) https://tallyco.in/bottomshelfbtc - Tally Coin donationhttps://patreon.com/bottomshelfbitcoin - Patreon https://bottomshelfbitcoin.com/donate - Donation page https://bottomshelfbitcoin.com/kidsbook - Tuttle Twins - Great kids books and a great way to support the show!----- Music Credits: Morning Ritual by L'Indecis https://soundcloud.com/chillhopdotcom/lindecis-morning-ritual - Listen on Soundcloud http://chillhop.com/listen - Chillhop Records http://bit.ly/ChillhopSpotify - Listen on Spotify Fatherhood by Joakim Karud https://joakimkarud.bandcamp.com/track/fatherhood - Purchase on Bandcamp ness-clarity-ep - Listen on Soundcloud19:34June 20, 2019A Trip to Bitville with The Bitcoin Rabbi [Episode 45]The Bitcoin Rabbi joins me to talk about his great new children's book, "Bitcoin Money"Bitcoin rabbi on Twitter - https://twitter.com/thebitcoinrabbiBitcoin Money - https://bitcoinmoneybook.comBitcoin Money on Amazon- -1Tuttle Twins and the Creature from Jekyl Island - bottomshelfbitcoin.com/kidsbookCryptoconomy on Debt and Usury - cient-Sin-of-Debt-How-Bitcoin-Can-Make-Amends-e41e3mSupport the Show:https://lncast.com - LN Cast (lightning powered podcasting)https://tallyco.in/bottomshelfbtc - Tally Coin donation https://patreon.com/bottomshelfbitcoin - Patreon https://bottomshelfbitcoin.com/donate - Donation page https://bottomshelfbitcoin.com/kidsbook - Tuttle Twins - Great kids books and a great way to support the show!----- Music Credits:Morning Ritual by - Listen on Soundcloudhttp://chillhop.com/listen - Chillhop Recordshttp://bit.ly/ChillhopSpotify - Listen on SpotifyFatherhood by Joakim Karudhttps://joakimkarud.bandcamp.com/track/fatherhood - Purchase on ets/loudness-clarity-ep - Listen on Soundcloud1:01:35June 11, 2019Final Message and an Adversarial Mindset with Matt Odell [Episode 44]I sat down with Matt Odell to talk about his latest project Final Message, adversarial thinking, hopes and fears for the future, non-KYC Bitcoin, multi-sig and more. Don't forget to check out LN Cast to drop some sats on TFTC and this podcast as well.Follow Matt:TwitterFinal MessageTales from the CryptNon-KYC BitcoinRise WalletAztecoFast BitcoinsMulti-SigCASAUnchained CapitalElectrum Personal ServerPrivacy WalletsWasabiSamouraiHardware WalletsTrezorCold CardLedgerSupport the Show:https://tallyco.in/bottomshelfbtc - Tally Coin donation https://patreon.com/bottomshelfbitcoin - Patreon https://bottomshelfbitcoin.com/donate - Donation page https://bottomshelfbitcoin.com/kidsbook - Tuttle Twins - Great kids books and a great way to support the show!----- Music Credits:Morning Ritual by - Listen on Soundcloudhttp://chillhop.com/listen - Chillhop Recordshttp://bit.ly/ChillhopSpotify - Listen on SpotifyFatherhood by Joakim Karudhttps://joakimkarud.bandcamp.com/track/fatherhood - Purchase on ets/loudness-clarity-ep - Listen on Soundcloud1:36:25June 6, 2019Janine Roem on #DeleteCoinbase and Revision-controlled Journalism [Episode 43]Janine Roem joins me to talk about the recent Coinbase-HackingTeam debacle and the community's response with #deleteCoinbase, as well as her ideas for revision-controlled journalism. Read Janine's thread here /twitter.com/j9roem - Twitterhttps://t.co/4Sggw8Drp7 - Janine's blog----Block Digesthttps://twitter.com/blockdigest - Twitterhttps://t.co/3fjlDiCJdU - Audio feedhttps://www.youtube.com/channel/UCb53lXz2IzEFT5JNHSbdvPg - coinbase-b3f56171850d - Coinbase Welcomes re-hacking-team-david-vincenzetti/ - Foreign Policy "Fear this Man"https://www.youtube.com/watch?v=vtQ7LNeC8Cs - To Protect and Infect m-loses-sales-license/#25365ef92498 - Hacking Team Loses Licensehttps://wikileaks.org/hackingteam/emails/ - Hacking Team WikiLeaks+https://www.bbc.com/news/world-europe-35958932 - Italian student murdered in despite-regulatory-uncertainty - Chrstine Sandler interview with Cheddarhttps://twitter.com/udiWertheimer/status/1100864154443776000 - Udi Wertheimer starts the DustChainhttps://twitter.com/jespow/status/1102346122138333184 - Kraken's analysis of rino-acquisition-ba98174cdcf6 - Coinbase to "transition" Hacking Team members from Neutrino out of Coinbasehttps://www.youtube.com/watch?v=TufkdtKcYHM&feature=youtu.be - Kraken Decacorn podcast - Jesse and Christina's thoughts on Coinbase and their 19ce11 - Coinbase Celebrates Women?https://youtu.be/66ZoGUAnY9s?t=5h48m10s - Jameson Lopp: Extreme OpSec---- Support the m - Bitcoin Merit Badgehttps://bottomshelfbitcoin.com/kidsbook - Tuttle Twins - Great kids books and a great way to support the show!----- Music Credits:Morning Ritual by - Listen on Soundcloudhttp://chillhop.com/listen - Chillhop Recordshttp://bit.ly/ChillhopSpotify - Listen on SpotifyFatherhood by Joakim Karudhttps://joakimkarud.bandcamp.com/track/fatherhood - Purchase on ets/loudness-clarity-ep - Listen on Soundcloud1:33:16March 19, 2019JW Weatherman's 10 hours of Bitcoin [Episode 42]JW Weatherman joins me to talk about 10 Hours of Bitcoin and Mathbot.com. We also discuss state propoganda, education and crypto scams along the .comhttps://mathbot.com------ Referenced:https://mises.org/library/anatomy-state - Murray Rothbard's "Anatomy of the State"https://mises.org/library/human-action-0 - Ludwig Von Mises' "Human Action"https://mises.org/library/ethics-money-production - Guido Hulsmann - The Ethics of Money man-Action-P10979.aspx - Bob Murphy's ew-testament-passage - Render Unto Caesarhttp://ssrn.com/abstract=1337761 - Jesus is an Anarchisthttps://en.wikipedia.org/wiki/Euclid%27s_Elements - Euclid's "Elements"---- Support the Show:https://tallyco.in/bottomshelfbtc - Tally Coin donation https://bottomshelfbitcoin.com/produc... - Bottomshelf Morale Patch https://patreon.com/bottomshelfbitcoin - Patreon https://bottomshelfbitcoin.com/donate - Donation page https://bottomshelfbitcoin.com/kidsbook - Tuttle Twins - Great kids books and a great way to support the show!----- Music Credits:Music Credits:Morning Ritual by - Listen on Soundcloudhttp://chillhop.com/listen - Chillhop Recordshttp://bit.ly/ChillhopSpotify - Listen on SpotifyFatherhood by Joakim Karudhttps://joakimkarud.bandcamp.com/track/fatherhood - Purchase on ets/loudness-clarity-ep - Listen on Soundcloud1:36:28March 8, 2019FUDbustin-21m Cap [Episode 40]Clark Moody and I roll the FUD dice and discuss the 21million Bitcoin cap.Bitcoin Supply schedule - https://en.bitcoin.it/wiki/Controlled_supplyMiner underpay - see note under chart at ermBitcoin Private secret premine - https://coinmetrics.io/bitcoin-private/Zcash inflation bug - http://fortune.com/2019/02/05/zcash-vulnerability-cryptocurrency/FUD dice 2 - https://quinsolo.com/product/fud-dice/new sponsor Bitcoin Only - https://bitcoin-only.comcreated by com/bottomshelfbtcSponsorsAnchorSquarespacePatchionBitcoin Only---- Support the Show:https://tallyco.in/bottomshelfbtc - Tally Coin donation https://bottomshelfbitcoin.com/produc... - Bottomshelf Morale Patch https://patreon.com/bottomshelfbitcoin - Patreon https://bottomshelfbitcoin.com/donate - Donation page https://bottomshelfbitcoin.com/kidsbook - Tuttle Twins - Great kids books and a great way to support the show!----- Music Credits:Morning Ritual by L'Indecis https://soundcloud.com/chillhopdotcom... - Listen on Soundcloud http://chillhop.com/listen- Chillhop Records http://bit.ly/ChillhopSpotify - Listen on SpotifyFatherhood by Joakim Karud https://joakimkarud.bandcamp.com/trac... - Purchase on Bandcamphttps://soundcloud.com/joakimkarud/fa... - Listen on Soundcloud49:18February 21, 2019Alex Hardy's Take on Bitcoin [Episode 39] Alex Hardy joins me to talk about his Bitcoin origins, his Proof of Take newsletter, the importance of reputation in the space and more.Follow Alex TwitterProof of TakeSupport Bottomshelf Bitcoin Tally Coin donation Donation page Bottomshelf Morale Patch Bitcoin Merit Badge Patreon Tuttle TwinsSponsors Anchor Patchion----- Music Credits:Morning Ritual by L'Indecis Listen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim Karud Purchase on Bandcamp Listen on Soundcloud38:07February 7, 2019Locha Mesh Networks with Randy Brito [Episode 38]Randy Brito is back with updates from Venezuela, including a new project under development called Locha. Locha aims to create mesh networks from open source software and low-cost hardware that can be made wherever you live.LinksLochaBitcoinVenezuelaRandy BritoLocha TelegramRandy on Episode 19Support Bottomshelf BitcoinTally Coin donationDonation pageBottomshelf Morale PatchBitcoin Merit BadgePatreon TuttleTwinsSponsorsAnchorPatchion----- Music Credits:Morning Ritual by L'IndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud1:04:24January 31, 2019Justin Moons BUIDL Bootcamp [Episode 37]Justin Moon and I hung out in Austin to talk about Bitcoin, Bitcoin businesses, Buidl Bootcamp, and forming community with other BitcoinersFollow JustinTwitterYoutubeBuidl BootcampBitcoin Book ClubLearn PythonCodecademy's Python CourseSoloLearn PythonOther ReferencesBlockSciSupport Bottomshelf BitcoinTally Coin donationDonation pageBottomshelf Morale PatchBitcoin Merit BadgePatreonTuttle TwinsSponsorsAnchorPatchion-----Music Credits:Morning Ritual by L'Indecis Listen on Soundcloud Chillhop Records Listen on SpotifyFatherhood by Joakim Karud Purchase on Bandcamp Listen on Soundcloud1:12:17January 24, 2019FUDbustin' - Small Blocks [Episode 36]Another Fudbustin' episode, this time on Small Blocks. I not only talk about the benefits of small blocks over large, but also why we have a block size limit at all.Satoshi and Small BlocksHistory of Consensus Forks from Bitmex ResearchComplete Satoshi from Nakamoto InstituteSpeculation on Why Satoshi created the limitGarzik's Oct 3 PatchOther episodes referencedScaling Debate with Clark MoodyEthereum Centralization with StopandDecryptBCash checkpoint problemsEthereumInfura DependenceUpgradeJK don't upgradeSupport Bottomshelf BitcoinTally Coin donationDonation pageBottomshelf Morale PatchBitcoin Merit BadgePatreonTuttle TwinsSponsorsAnchorPatchion-----Music Credits:Morning Ritual by L'Indecis Listen on Soundcloud Chillhop Records Listen on SpotifyFatherhood by Joakim Karud Purchase on Bandcamp Listen on Soundcloud38:07January 16, 2019Fudbustin' - Deflation [Episode 35] FUD Bustin: DeflationWe're busting the FUD that Bitcoin's deflationary policy is a bad thing in this week's episodeNic Carter's FUD diceBIS paper on deflationBitcoin Wiki Deflationary SpiralDoes Hoarding Really Hurt Bitcoin?I'm Hoarding BitcoinSpending During DeflationHODL wavesSupport Bottomshelf BitcoinTally Coin donationDonation pageBottomshelf Morale PatchBitcoin Merit BadgePatreonTuttle TwinsSponsorsAnchorPatchion-----Music Credits:Morning Ritual by L'Indecis Listen on Soundcloud Chillhop Records Listen on SpotifyFatherhood by Joakim Karud Purchase on Bandcamp Listen on Soundcloud46:55January 10, 2019Bitcoin is Ten with Clark Moody [Episode 34]I chat with Clark Moody about Bitcoin's first ten years, and where we're going in the future.Follow ClarkClark's siteBitcoin and the Interplanetary FrontierTwitterPicks and Shovels Other ReferencesBitcoin Podcasters Episode 7 with Clark Moody Nic Carter's FUD dice Jim BTC SmarterEveryDay video on orbital mechanics Seveneves bookSupport Bottomshelf BitcoinTally Coin donation Donation page Bottomshelf Morale Patch Bitcoin Merit Badge Patreon Tuttle Twins SponsorsAnchor Patchion -----Music Credits:Morning Ritual by L'Indecis Listen on Soundcloud Chillhop Records Listen on SpotifyFatherhood by Joakim Karud Purchase on Bandcamp Listen on Soundcloud1:11:49January 3, 2019Jeff Vandrew on Bitcoin retirement acccounts and Quickbooks integration [Episode 33]Jeff Vandrew, attorney and CPA, joins me to discusses his practice and setting up investment accounts to allow them to include Bitcoin as well as his recent work on creating a Quickbooks integration for BTCPay Server.Follow JeffTwitterJeffs siteReferencedQuickbooks integrationBTCPayServerBottomshelf Episode with Nicolas Dorier BTCPay and gives context for why Bitpay is badBUIDL Bootcamp from Justin Moon10 year Celebration in New YorkSupport Bottomshelf BitcoinTally Coin donationDonation pageBottomshelf Morale PatchBitcoin Merit BadgePatreonTuttle TwinsMusic Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud47:45December 27, 2018A Christmas Message from Bottomshelf BitcoinThis is an episode thats not about Bitcoin. Its about Christmas.References from the BibleESV BibleThe Fall of ManExodusLuke 2 (birth of Jesus)Mark 14-16 (Crucifixion and Resurrection)Bible Project Summary VideosCreation and Fall of ManExodus Part 1, Part 2The Birth of Jesus from Luke 2Acts (part 1)OtherProphecies that Jesus fulfilled-Music:What Child is This Kaleb BraseeThe First Noel string quartetOh Little Town of Bethlehem Chris RiceGod Rest Ye Merry Gentlemen 300 WattsO Come, O Come Emmanuel For King and Country30:18December 24, 2018Vijay Boyapati is still bullish on Bitcoin [Episode 32]I talk with Vijay Boyapati about his article The Bullish Case for Bitcoin, as well as his time at Google and the recent Bcash Hash War.Follow VijayTwitterMediumStoriesThe Bullish Case for BitcoinBitmains BCH bagsSupport Bottomshelf Bitcoin51:11December 18, 2018David Levine on Market Cycles, Geopolitics and Long-term Optimism [Episode 31]Follow David:ParanoidBull accountDavids personal accountOdin River on MediumOther References:Peter Thiel debateThread on Davids views about BitcoinSupport Bottomshelf Bitcoin58:55December 11, 2018Dan Held on Interchange and PoW Efficiency [Episode 30]Dan Held talks with me about Interchange, a project that Picks & Shovels is working on as well as his recent article on how Proof of Work is actually efficient.Follow Dan:TwitterMediumPoW is EfficientPicks and Shovels:Main siteTwitterHarmony CSV standardRecommended Other Podcasts:Noded Bitcoin PodcastBitcoin & MarketsTales from the CryptThe CryptoconomyCitizen BitcoinSupport Bottomshelf Bitcoin37:22October 9, 2018Austin Storms talks Bitcoin mining [Episode 29]Austin Storms talks to me about mining Bitcoin and other cryptocurrencies. We talked about the progression of mining hardware and the nature of mining in various regulatory environments.Follow AustinTwitterStoriesQuebec changes stance on Bitcoin MiningBitmain announces Rockdale facilityUpstreamData Bitcoin Mining with flared methaneUpstream Data and Steve Barbour on TwitterQuants by Scott PattersonLaurentMTLaurent on Twitteroxt.me blockchain explorerPart 1 GravityPart 2 Yin and Yang of BitcoinPart 3 CliffhangersPart 4 Electric MoneySupport Bottomshelf Bitcoin1:27:59September 18, 2018Vortex on Bitcoin education and CryptoCast Network [Episode 28]Vortex joins me to talk about his new channel CryptoCast Network, as well as his project Programming with Bitcoin, a C# workshop focused on how to work with Bitcoin.Follow VortexTwitterTheOneVortex.comCryptoCast NetworkCryptoCast main siteTwitterInstagramProgramming with BitcoinProgramming with Bitcoin siteNicolas on TwitterOtherJimmy Songs Programming BlockchainLearnCSPluralSightFreeCodeCamp on YoutubeLogos by Nick awesome graphic design channel with Inkscape (free vector program)Support Bottomshelf BitcoinBottomshelf Morale PatchPatreonDonation pageTuttle TwinsMusic Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud1:07:35September 5, 2018Jameson Lopp on OpSec in the physical world [Episode 27]Jameson Lopp joins me to talk about OpSec and making yourself a hard target. We also discussed his work with CasaHodl.Follow LoppTwitterMastodonGithubMediumEarnLopps ProjectsPhysical Bitcoin attacksLopp.netstatoshi.infoCasaHODLStoriesReflections Upon a SWATtingWikipedia article on SwattingSwatting script kiddiesRoot cause of swatting?Forbes list of Crypto Rich (targets)Support Bottomshelf BitcoinPatreonDonation pageTuttle TwinsMusic Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud55:20August 28, 2018Dhruv Bansal [Episode 26]Dhruv Bansal of Unchained Capital comes on the show to talk about how hodlers can turn long term investments into short term opportunities via cryptoasset-backed lending. Follow Dhruv1:11:52August 23, 2018Adam Gibson on UTXOs and Fungibility [Episode 25]Follow Adam GibsonTwitterMastodonGithubBlogJoinMarketJoinMarketJoinMarket on GithubFungibility TechGreg Maxwell on CoinJoinCoinJoinSamourai WalletOXT.meWasabi WalletHD WalletsCoin Shuffle from Tim RuffingGreg Maxwell on Confidential TransactionsPay to Endpoint explained by nopara73Non-Bitcoin PrivacyMoneroVuvuzelaChaumian Mix NetworksOtherNoded episode on UTXOs and coin controlSupport Bottomshelf BitcoinPatreonDonation pageTuttle TwinsMusic Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud1:36:25August 14, 2018Pierre Rochard on governance and social signaling [Episode 24]Pierre Rochard comes on the show to talk Bitcoin governance, social signaling, Schelling points, and institutional money.PierrePierre on TwitterDebt jubilee tweetPierre on MediumBitcoin GovernanceBitcoin AcksBitcoin AdvisoryNoded Bitcoin PodcastSatoshi Nakamoto InstituteOtherThe Bitcoin Standard by Saifedean AmmousMastering Bitcoin by Andreas AntonopolisNoded Episode with John Newberry about Bitcoin code processJimmy Song about Segwit2x failureSupport Bottomshelf BitcoinPatreonDonation pageTuttle TwinsMusic Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud1:05:22August 7, 2018Lightning Network Reference Rates with Nik Bhatia [Episode 23]Nik Bhatia comes on to talk about his ideas on the Lightning Network Reference Rate and Bitcoin-native finance. We also touched on the blockchain credit ratings and the CFA Charterholders exam including cryptocurrencies. I also gave a little speech on Bitcoin independence at the end, so listen through for a rare moment of eloquence.Nik Bhatia@timevalueofbtc on TwitterNik on MediumThe Time Value of BitcoinThe Bitcoin Risk SpectrumObservations of Lightning FeesNiks thread on CFA Charterholder and cryptoSupport Bottomshelf BitcoinPatreonDonation pageTuttle TwinsMusic Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on SoundcloudAmericana Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/1:03:58August 1, 2018Ethereum Centralization with StopAndDecrypt [Episode 22]StopAndDecrypt joins me to discuss the trend towards centralization in the Ethereum network, and the importance of full validation. We also reveal that his is not in fact WhalePanda.StopAndDecrypt@stopanddecryptStopAndDecrypt on Mediumon RedditEthereum Centralization IssuesEthereum Blockchain has exceed 1tb (listen)Sharding Centralizes Ethereum (listen)Lopps Challenges of Building on Ethereum (listen)OtherStopAndDecrypts Hard Fork tweetThe 2038 ProblemBitcoin Timestamp@thecryptoconomy great podcast for bitcoin articlesSupport Bottomshelf BitcoinPatreonDonation pageTuttle TwinsMusic Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on SoundcloudDeuces Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/1:00:19July 10, 2018Andreas Raspitzus BTC-hotspot [Episode 21]Andreas Raspitzu came on the show to discuss his project, BTC-Hotspot, enabling you to monetize your internet connection by sharing it over a Raspberry Pi. We discussed its potential as well as the challenges hes faced and the value of other collaborators in open source projects. We also talked about his twitter bot that memes errors in the bitcoin network.Andrea on twitterBTC HotspotBTC Hotspot on GithubRaspberry Pi official siteVarious Raspberry Pi kits on AmazonOtherAndreas BitcoinError Bot twitter feedThe Verge Hack articleAlex Bosworths inbound capacity solutionSupport Bottomshelf BitcoinPatreonDonation pageTuttle TwinsMusic Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud57:01July 3, 2018The Anatomy of Satoshis Place with LightningK0ala [Episode 20]Im joined for episode 20 by LightningK0ala to talk about his creation, Satoshis Place, a collaborative drawing experiment powered by lightning payments. We discussed the software its running, the low-end hardware hes using to process the lightning payments, and the API that has allowed some really creative interactions on the site. We also waxed philosophical about the value of games and comedy in stressful times. Full conversation available on Patreon[*We also referenced the body parts drawn on Satoshis Place, so probably not an episode for younger audiences*]LightningK0ala@LightningK0ala on twitterSatoshis PlaceSatoshis PlaceSatoshis Place TestnetSatoshis Place GithubImage Mapper for Satoshis PlaceTelegram GroupSatoshis Place TimelapseComponents of Satoshis PlaceZeit command line cloud deployment solutionODroid HC2 and accessoriesODroid Lightning Node Tutorial from StadicusOther Lightning ProjectsTestnet Eclair walletMainnet Eclair walletYallsPoketoshiOtherStop and Decrypts Ethereum Articles: 1, 2Harvards CS50x Intro to Computer ScienceSupport Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud56:28June 26, 2018Whats going on in Venezuela? [Episode 19]Randy Brito, founder of BitcoinVenezuela.com, talked to me about whats going on in Venezuela. We talked about the authoritarian regime, merchant adoption, getting people to understand what Bitcoin can do for them, the Petro and more. Randy also talked about the difference between the government sanctioned exchange rates and the real price on the street, and how developers need to consider this when making tools for other countries.Bitcoin VenezuelaBitcoin Venezuela@btcven on twitter1:05:18June 19, 2018I started a Twitter fight [Episode 18]I talked about the twitter fight I set off between Vin Armani and SamouraiWallet over the security model of Cointext. I also talked about relying on reputation verse open-source code and touched on the EatBCH issue.StoriesThe Twitter thread in questionCointexts thoughts on securitySamourai introduces Mule ToolsArticle from Jose of EatBCHOtherManual export Samourai Wallet backupCompile Samourai from source works the same for linux (no need for chocalatey)Restore Samourai Wallet from backupBonus:Route Samourai through your personal Node or Video tutorial by bb2kSupport Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud40:31June 12, 2018Steak and Satoshi with Michael Goldstein [Episode 17]Michael Bitstein Goldstein comes on to talk about the Nakamoto Institute, Satoshis influence, and the history of Cypherpunks. We also got into carnivory and the bias and government influence on mainstream nutrition. Come find me at BitBlockBoom on July 14!Check out the full interview on PatreonMichael Goldstein@bitsteinbitstein.orgNakamoto InstituteNoded Bitcoin PodcastCypherpunksNakamoto Institute Literature pageCrypto-anarchist Manifesto by Tim MaysCypherpunks Manifesto by Eric HughesThe Original Value of Bitcoins by Daniel KrawiszApplied Cryptography by Bruce SchneierThe Code Book by Simon Singhbitcoin anarchism videoCarnivory and NutritionJust MeatShawn Baker, MDn equals manyProblems with Evidence-based MedicineOther stuffJimmy Songs Programming BlockchainEpisode with Patricia Estevao on Lightning UXMises InstituteDefense DistributedThe Bitcoin Standard by Saifedean AmmousMastering Bitcoin by Andreas AntonopoulosEpisode with Patricia Estevao on Lightning UX1:06:42June 5, 2018We Descend into Anarchy with Ansel Lindner [Episode 16]Ansel Lindner comes on the show to talk about his show Bitcoin is Freedom, and the route to anarchy through Bitcoin. We touch on government debacles of military, health care, nutrition, as well as what we could do better without them. If youre going to BitBlockBoom in July let me know.Full length interview available on Patreon.Follow AnselBitcoin & Markets site@btcmrkts@ansellindnerBitcoin & Markets PatreonAnsels Recommended BooksFor a New Liberty by Murray RothbardHistory of Economic Thought by Murray RothbardThe Bitcoin Standard by Saifedean AmmousOther linksCaitlin Longs Mises SeminarUSDA Nurtrition LiesGood Calories, Bad Calories by Gary TaubsFools Errand by Scott Horton great book about the war on terrorScott Horton Show Scott Hortons podcastYour Facebook Friends are Wrong About Healthcare by Tom WoodsIllinois Unfunded PensionsAustralia Cash Transaction BanA Deeper Look Into Network Effects SoV verse MoESupport Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud1:07:00May 29, 2018Free Ross with Lyn Ulbricht [Episode 15]Lyn Ulbricht comes on the show to talk about her son Ross, creator of the Silk Road, the first use case for Bitcoin, and the injustice of the justice system.Free Ross:@free_Ross on twitterYoutubeFacebookFreeRoss.orgTimeline of eventsPrecedentsConstitutional ConcernsHow you can helpStoriesFedEx Drug ChargesThe drug war explained by former narcotics officerDonate to Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisListen on SoundcloudChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud47:53May 22, 2018Internet Censorship, Political Incorrectness, and Sanctions with RockstarDev [Episode 14]RockstarDevRockstar got out of twitter jail! Follow him @codeoverwhelminBTCPay Slack Channel user RockstarDevIts an older meme, sir, but it checks out:StoriesCoinbase and Wikileaks shopReddit thread about scam crypto twitter accounts check the first responseAnother reddit thread about getting banned for talking about spam accountsOwen Benjamin blocked on Twitter and Youtube46:54May 15, 2018Nicolas Dorier explains becoming your own payment processor with BTCPay [Episode 13]Nicolas Dorier came on the show to talk about BTCPay, a project hes working on to give merchants sovereignty from centralized payment processors like BitPay.Nicolas Dorier@nicolasdorierTip NicolasBTCPayBTCPay Main site@BTCPayServer on TwitterBTCPay GithubBTCPay Server Guide on Reddit by BitcoinshirtBTCPay Youtube GuidesBTCPay Slack channelBTCPay Test ServerBTCPay HostsBTCPay NowBTCPay JungleStoriesSamourais statement on BIP70Issues with BitPays BIP70 Move (Bitcoin Magazine)Trezor ditches BitPay over Segwit2xDonatePatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud40:31May 8, 2018The right way to view (and buy) Bitcoin with Akin Fernandez [Episode 12]In this episode I was joined by Akin Fernandez to talk about the correct way to think about Bitcoin and why incorrect thinking leads to a convoluted, invasive process for getting it. We also talked about his company Azteco, a new, consumer-driven, Bitcoin top-up service. Akin@beautyon_ on Twitter@beautyon_ on MediumAztecoAzteco@azteco_ on twitterStoriesBitcoin businesses leave New York over BitLicenseKraken CEO responds to NY AGReddit thread: Localbitcoins goes KYC/AMLFiat KYC lawsFiat AML lawsCurrent buying options without KYC / AMLBisqHodlHodlDonatePatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud57:10May 1, 2018Market Minute 4-25-18Bitcoin market update for April 25, 2018Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!___________Music:Special Spotlight Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/01:24April 25, 2018Patrcia Estavo on Lightning UX [Episode 11]In this episode, I was joined by Patrcia Estevo, who joins me to talk about User eXperience (UX), Bitcoin infographics, and her research on the current UX of the Lightning Network.PatrciaPatrcias site@patestevao on twitterLightning UX ResearchBitcoinDesigned infographicsMarco Agner the programmer referenced in this episodeLightning NetworkLightning NetworkLightning Technical PaperBOLT specificationsLightning ImplementationsLightning LabsACINQBlockstreams c-lightningLightning WalletsHTLC.meZap! walletEclair (testnet)DonatePatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud37:03April 24, 2018Lightning Network [Episode 10]In this episode we finally get around to talking about the lightning network and how it works. We also hit the highlights of Blockstreams week of LApps (lightning apps).Lightning NetworkLightning NetworkLightning Technical PaperBOLT specificationsBitcoin Designed InfographicsMulti-Sig WalletsTimelocksLightning Network part 1Lightning Network part 2Lightning Network part 3Why Build the Lightning Network?Lightning ImplementationsLightning LabsACINQBlockstreams c-lightningLightning WalletsHTLC.meZap! walletEclair (testnet)Blockstream LAppsLightning ChargeWeek of LApps overviewFileBazaarLightning Publisher for WordPressNanotipPaypercallNanoPOSIfpayTTLightning JukeboxDonatePatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud38:30April 17, 2018Market Minute 4-16-18Bitcoin market update for April 16, 2018Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!___________Music:Special Spotlight Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/02:01April 16, 2018Market Minute 4-11-2018Bitcoin market update for April 11, 2018Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!___________Music:Special Spotlight Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/01:34April 11, 2018Market Minute 4-6-18Bitcoin market update for April 6, 2018Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!___________Music:Special Spotlight Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/01:31April 6, 2018Market Minute 4-4-2018Bitcoin Market update for April 4, 2018.Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!___________Music:Special Spotlight Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/01:37April 4, 2018Housekeeping, UTXOs and Free Ca$h [Episode 9]In this episode I talked about some changes coming to the podcast and the site. I also talked about consolidating UTXOs and how to get $5 for free from the Cash App.Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud23:02April 3, 2018Market Minute 4-2-2018Bitcoin Market update for April 2, 2018.Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!___________Music:Special Spotlight Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/01:23April 2, 2018Market Minute 3-29-18Stand alone Market Minute.Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!___________Music:Special Spotlight Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/01:24March 29, 2018Market Minute 3-23-18Stand alone Market Minute.Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!___________Music:Special Spotlight Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/01:24March 23, 2018Market Minute 3-21-18Stand alone Market Minute.Bottomshelf BitcoinPatreonDonation pageTuttle Twins Great kids books and a great way to support the show!___________Music:Special Spotlight Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/01:44March 21, 2018Bitcoin metrics [Episode 8]Today I talked about bitcoin metrics, measurements to track in order to evaluate the health of the network and the price of Bitcoin. I demystified the metrics that I hear thrown around and we talked about what was valuable and what metrics are totally bogus. No Market Minute on this episode, Im planning to out a seperate Market Minute episode on Wednesday.Psuedo FundamentalsPrice and VolumeCryptowatch compare price, moving averages, etc. of various coins.CoinMarketCap Price Market Cap, 24 hour volume, rankings (which dont matter)Clark Moody Tickers compare exchange prices in real timePeer to PeerClark Moody Street Price average price of peer-to-peer trades in various countries/currencies.CoinDance P2P exchange volumesTransaction FeesFork.lol network data comparison between Bitcoin and B-cash. Has good information on difficulty and average transaction fees.CoreFeeHelper Hourly updated twitter feed with good suggested fee estimationTechnicals:Bitcoin nodesBitnodesStatoshiCoinDanceLightning StatsShabang statsReksplorer Node and channel visual explorerOtherMayer Multiple Current price divided by 200 day moving average. Indicator of over/under-value compared to historical price.Github Repo stats on updates to the codeBitcoin Development VisualizationDonatePatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud40:06March 20, 2018The Bitcoin Scaling Debate [Episode 7]In this episode I interviewed Clark Moody and we discussed the Bitcoin scaling debate and implementation of SegWit. While we focused on the scaling issues, SegWit also addressed a number of other issues. If youd like to know more, hit the Bitcoin.org link below.ClarkExchange tickersStreet Price IndicatorPicks & Shovels CoSegwitBitcoin.orgs write up on SegWitDonatePatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyThank You by Joakim KarudPurchase on BandcampListen on SoundcloudFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud50:06March 6, 2018What are Altcoins? [Episode 6]In this episode I talked about altcoins. I discussed the prominent altcoins and the issues in Bitcoin, real or imagined, that they attempt to solve. Market Minute:BTC price: $9,728Finney(0.00001 BTC): $0.9724 hour volume: $7.2B / 752k BTCMarket cap: $164 billion@tipmayermultiple: 200dma $8510, mayer multiple=1.14xTransaction fees: 57.86 sats/Byte(24) 36.5 sats/Byte(7d)Suggested fees (sats/B): 106 next block, 101 next hour, 2.4 same dayCoin.Dance was running maintenance and I was unable to get info on Bisq or LocalbitcoinsAltCoins:LiteCoin* Critique of Ethereums Proof of Stake ModelDoge* Main site* WikiMonero* Main site* Ring SignaturesZcash* Main site* Technical Paper for zkSNARKSDASH* Main SiteDonatePatreonDonation pageTuttle Twins Great kids books and a great way to support the show!Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyThank You by Joakim KarudPurchase on BandcampListen on SoundcloudFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud45:04February 24, 2018Who controls bitcoin? [Episode 5]In this episode I talked about who controls Bitcoin, who writes the code for the Bitcoin protocol and how improvements and updates are made. Follow the links below for more information on open-source projects, Github, and Bitcoins process specifically.Show Notes: Market Minute: BTC price: $10,872Finney(0.00001 BTC): $1.0824 hour volume: $8.2B / 792k BTCMarket cap: $183 billionCoins in Circulation: 16.8M@tipmayermultiple: 200dma $8244.77, mayer multiple=1.29xTransaction fees: 36 sats/Byte(24) 39.6 sats/Byte(7d)Suggested fees (sats/B): 5.0 next block, 3 next hour, 2.4 same daylocalbitcoins $53.9M(global)/ $6.7M(USA) last 7 daysbisq $90k(global)/ $15.9k(USA) last 7 days_______________GitHubWhat is git and Github?GithubBitcoins processBitcoin github repsitoryNoded episode with John NewberyVisualization of Bitcoin DevelopmentOther stuffMichael Phelps photoCodecademyDonatePatreonDonation pageMusic Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyThank You by Joakim KarudPurchase on BandcampListen on SoundcloudFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud28:25February 17, 2018How do I keep my bitcoins safe? [Episode 4]Today were talking about keeping your bitcoins safe. Get your bitcoins off of exchanges as soon as possible and move them in to some mix of software wallets and cold storage. I discussed various wallets and risk versus convenience. Show NotesMarket Minute:BTC price: $8457Finney(0.00001 BTC): $0.8424 hour volume: $7.5B / 905k BTCMarket cap: $142 billionCoins in Circulation: 16.8M@tipmayermultiple: 200dma 8021.15, mayer multiple=1.05xTransaction fees: 69sats/Byte(24) 74.5sats/Byte(7d)Suggested fees (sats/B): 91.3next block, 10 next hour, 4.9 same daylocalbitcoins $102.8M(global)/ $7.1M(USA) last 7 daysbisq $272k(global)/ $24.5k(USA) last 7 daysSoftware Wallets:Bitcoin CoreElectrumSamouraiBreadHardware Wallets:TrezorLedgerOpendimeColdcardPaper Wallets:Infographic on Paper WalletsPaper wallets videoOther Links:Blockstream Satellite Secure your wallet from Bitcoin.orgPaper WalletsGlacier ProtocolBitfinex redistributes coins after lossesMt.Gox worst exchange hackingBTC-e users caught in limboSupport the show through Patreon or direct donationsMusic Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyThank You by Joakim KarudPurchase on BandcampListen on SoundcloudFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud38:53February 11, 2018Where do I buy Bitcoin? [Episode 3]Today were discussing the three main avenues of buying bitcoin, buying in person, centralized exchanges, and decentralized exchanges. There are risks and benefits of each as we discuss in todays show.Show Notes:Market MinuteBTC price: $11044Finney(0.00001 BTC): $1.1024 hour volume: $7.8 billionMarket cap: $186 billion@tipmayermultiple: 200dma 7547.29, mayer multiple=1.47xTransaction fees: 109sats/Byte(24) 150sats/Byte(7d)localbitcoins $80.2M(global)/ $7.9M(USA) last 7 daysbisq $234,440(global)/ $20,570(USA) last 7 daysBuying in person* LocalBitcoins* Paxful* Clark Moodys Street Price IndicatorCentralized Exchanges* Gemini* Bitstamp* Kraken* BitfinexExchange Comparisons* Clark Moodys Exchange Tickers uncheck all, then add back the ones you want to compare* CryptowatchDecentralized* Bisq* Hodl Hodl not yet activeArticles* Article about batching* KYC/AML forum thread* Wikipedia articles on KYC and AML* Bitcoin.orgs list of SegWit AdoptionHardware Wallets* Trezor* OpenDime and ColdCard* LedgerOther:* Sorry the images on twitter about Coinbase outages have been taken down since Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyThank You by Joakim KarudPurchase on BandcampListen on SoundcloudFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud29:00January 27, 2018What is the Blockchain?[Episode 2]Today were talking about the blockchain and how it keeps bitcoin transactions honest and secure. If you missed Episode 1, we talked about what Bitcoin is and why you should care.Show Notes:* Explain Bitcoin Like Im Five* Mining and Blockchain* DASH school first three videos* BitcoinCore can serve as both node and wallet software*34:23January 22, 2018What is Bitcoin (and why should you care) ? [Episode 1]Today were discussing the fundamentals of what Bitcoin is, and what it can do for you.Show Notes:* Andreas Antonopoulos Youtube* Bitcoin & Markets Podcast* Bitcoin & Markets Resources* Explain Bitcoin Like Im Five* You Dont Understand Bitcoin Because You Think Money Is Real* A good basic explanation of money* Money Supply in the United StatesSorry I couldnt find the reddit story about the credit card thief.Music Credits:Morning Ritual by LIndecisChillhop RecordsListen on SpotifyFatherhood by Joakim KarudPurchase on BandcampListen on Soundcloud31:06January 13, 2018Make your own podcast for free with Anchor!

and uninvested observer took notice.   Despite what you may have read from journalists who attempted to pinpoint the exact cause of the rally, it’s important to note that this rally actually began 3 months ago.  The media’s obsession with Bitcoin is understandable, given the size and importance of this currency, but an entire crypto ecosystem lives under the radar. For those that read “That’s Our Two Satoshis” every week, this sudden spike was actually foreshadowed by the price action of other crypto assets months ago, and the positive sentiment that has been built over this time.  Said another way, this Bitcoin explosion almost seemed inevitable, even if the violent speed and size of the move still caught everyone off guard. Before we dive deeper into crypto, however, let’s not lose sight of the fact that we are now in a full-blown “Risk-on” environment across the board.  Take a look at the week-over-week numbers below and you'll see that this is a risk-on rally of massive proportions. Crypto, equities, commodities, high yield debt, and everything else that isn't nailed down is simply flying.  Meanwhile, as investors’ risk appetites explode, the Treasury yield curve steepened, quieting recent chatter about a potential recession. And yet, President Trump still felt the need to throw gasoline on a bonfire. While the table above suggests all risk assets are highly correlated, in reality, the crypto markets have been completely uncorrelated to most other risk assets for the past 12 months.   Crypto Indices are still not correlated with US Stocks As such, we believe the Bitcoin rally last week was fairly isolated to crypto.  And this isolated asset class has been rallying long before last week’s explosion. In fact, the first quarter finished as one of the strongest on record, even if almost no one noticed.  A flood of new money and companies entering the space, coupled with a fast growing infrastructure, has created a positive market environment that was already starting to spill over the top.   There have been a lot of hypotheses for why the dam broke (CME Futures expiration, large “Whales” purchasing, algos gone crazy, etc), but the simplest answer is usually the correct one.  Just like any large spike up or down in any asset class, it’s caused by a simple buy or sell imbalance, and all of the positive factors mentioned above lead to this imbalance. The large magnitude of the moves in crypto over the last few days makes for an incredibly interesting story, and the headline number itself of a 25% week-over-week move is certainly unnatural, but it’s really not that different from any other asset class. Buyers outweighed sellers, and market makers felt the imbalance pressure so they took their markets higher, which triggered algos and stop losses, forcing liquidations, which added even more fuel to the buying pressure.  Eventually, the price moves sparked retail buying, leading to even more buy interest that the market can’t fill. Crypto makes more sense when compared to High Yield or Emerging Bond Markets The Arca team has roots in many traditional asset classes, and the Crypto markets make a lot more sense when viewed through the lens of other illiquid markets like High-Yield bonds and Emerging Market bonds/equities, rather than comparing crypto to highly liquid benchmarks like Oil and US equities. These other illiquid asset classes “gap” up (or down) all the time on no liquidity, as market makers have to move their markets fast to avoid getting taken short (long) at levels where they know they can’t replace the risk.  This happens until a new equilibrium occurs, similar to how a casino sports book will adjust their betting lines until they achieve equal betting activity on both sides. It just so happens that this new equilibrium for Bitcoin didn’t occur until prices moved up 25%. Consider a high yield bond trader making markets in a very liquid bond (i.e. $2.6 bn outstanding, HCA 5.375% 2025).  This bond may be liquid 90% of the time (like Bitcoin), but every once in awhile, there are just too many buyers, and the dealers can feel it coming. It starts like this: HCA dealer makes a market 101-102 5x5, and immediately gets checked by 5 buyers who are willing to pay 101.5.  The dealer can’t possibly sell to all 5 of these buyers simultaneously, so she pretends she already got lifted, and then moves her market to 101.5-103.  But what happens if there are still buyers at 103, and no sellers in sight? Well, next stop is 104-106. A $2.6 billion issue may move up 5 pts or more without a single trade happening.  Moreover, this can’t possibly only effect HCA. Inevitably, another dealer (or buyside investor) who is short HCA bonds is also long Tenet Healthcare bonds. So now that HCA just gapped up on no volume, it’s time to drive Tenet bonds higher to see if there is any resistance, and who is going to sell Tenet after seeing what just happened to HCA?   Pretty soon, the entire High Yield market is up 5 pts on no volume. So while Bitcoin has a $90 billion market cap, and you’d expect reasonable liquidity for something so large that trades on so many exchanges, the reality is, liquidity is only there until you need it.  And short-sellers just learned a painful lesson on perceived liquidity. The overall size of the crypto market ($180 billion) is dwarfed by the size of the High Yield bond market ($2 trillion), yet these same market dances happen all the time without anyone batting an eye, effecting much greater wealth.  The headline number is simply smaller (a 5% move doesn’t attract eyeballs in the same way as a 25% move does). As a result, not only did Bitcoin gap higher, but large “out of favor” crypto assets like Litecoin (LTC), Ethereum Classic (ETC), Bitcoin Cash (BCH) and Stellar (XLM) also rallied, some moving 50-100% higher in a single week even if these “alt-coins” have less convicted buyers  (they simply don’t have enough sellers). This price action may not seem healthy, but it may also continue until market participants feel the urge to take advantage of these higher prices. Rather than focusing on why Bitcoin and the rest of Crypto gapped higher, what matters more is what happens AFTER the rally. Thus far, most crypto investors haven’t felt the need to immediately sell into this strength. Calling a top or bottom is impossible, but focusing on probability weighted outcomes is more reliable.  And the fact that investors have bought every small dip immediately over the past few months shows that the specter of sell-offs does not scare them. In fact, many are hoping for more sell-offs so they can buy assets at lower prices. This raises the near-term floor, which in turn gives investors even more confidence, leading to less selling.   Of course, this sentiment can change on a dime too.   In February, the crypto market rally was led by real idiosyncratic events, as a few digital assets rose from the ashes and differentiated themselves from the pack (for example, LTC, RVN, ENJ, BNB all outperformed following specific catalysts).  In March, many more digital assets played catchup, but for the most part, the "haves" still rallied more than the "have nots". All of this was orderly and made sense. But in April thus far, we've gone straight from lightspeed to ludicrous speed, and now everything is flying without a real rationale other than the buy imbalance outlined above.  What we look for next is whether or not token-by-token differentiation can occur again at these higher levels. Again, we look to the high yield bond market.  Much like the LBO-fueled debt wave of 2007 and 2008, where large dealers were hung with huge amounts of bonds that they couldn’t sell and had to wait until market conditions improved before leaking these bonds out to the market, the same thing is about to occur in crypto.  Many 2017 and 2018 ICOs are still “hung” on investors’ balance sheets. Most are mismarked, and all are mispriced. At some point, these privately issued tokens are going to have to come out to the public as the notion of liquidity was (and still is) a big part of the story of these ICOs.  When and if these tokens start to get launched on exchanges, the inevitable price drops may cause a bit of a ripple effect through the market. Many of these projects are good, solid tokens with strong teams, and this should sort itself out over time. But the near-term fallout could lead to a change in the current strong tone. Last week’s market didn’t show much dispersion among tokens as everything not nailed down went straight up in line with Bitcoin. Active management in a market like this is difficult since just about any investment will drive positive returns, and news does not necessarily impact price. Despite this correlation, we’ve pulled out a few of last week’s interesting tokens. Dogecoin (DOGE) saw an upward move of 57% resulting from an April’s Fool joke that went on for too long. On Monday, Dogecoin tweeted out a survey requesting users to vote on a fictitious CEO. After winning by a landslide, Elon Musk began tweeting about the token, describing it as “pretty cool” causing further price appreciation. Salt (SALT) the token for lending platform Salt Lending saw serious price action last week of 26%. Crypto lending has been a hot topic in recent weeks with discussions around lending platform such as SALT, MakerDAO, Compound, BlockFi and more. Ripple (XRP) CTO made comments on Stellar-IBM partnership announcement: https://twitter.com/CryptoAmb/status/1114142367374761987 Binance (BNB) was fairly flat last week compared to the rest of the crypto market rallies. Despite the lack of price action the company announced the launch of their DEX mainnet will happen this month and they are opening a new fiat-to-crypto exchange which will use Singapore dollars. Lack of trust is cited as one of the largest hurdles to blockchain adoption, and indeed this makes for an interesting paradox: how do you build trust in a trustless system? The article explores the different areas where trust needs to be built (regulation, security) and what groups are positively contributing to building trust in blockchains (EY, Elliptic, Binance). The SEC Releases Token Framework and No Action Letter The SEC was certainly busy this week releasing a token framework and No Action letter to Turnkey Jet Solutions. The framework and no action letter have been analyzed at length by individuals such as Katherine Wu and Arca’s own Phil Liu. While the SEC did not provide new insight, they confirmed what most knew -- that the majority of token issuances are security offerings. The most talked about news last week is that Andresseen Horowitz is shedding its venture capital roots and becoming a registered investment advisor (RIA). Venture funds are permitted an exemption from RIA registration as long as 80% or more of their investments are in private companies (FYI tokens are not considered private companies). With the changing venture landscape however, many firms like a16z are finding it difficult to produce superior returns and revenues without branching outside of private investments. As a firm, a16z already acts like an investment bank, offering advisory, fundraising, and M&A type services. Registration as an RIA will now allow them to earn fees on this activity. Fidelity Digital Assets Breaks Down Crypto Adoption and Uncorrelated Assets Tom Jessop, who heads up corporate development for Fidelity Digital Assets, discussed what crypto adoption the firm is observing with the roll out of its custody offering. As expected, many of their early adopters are crypto hedge funds, with family offices following close behind as interest in the uncorrelated nature of crypto increases. However, Jessop explains that 401(k)s - Fidelity is a 401(k) pension wholesaler - are not ready to invest. As Coinbase continues on its path to institutionalizing its business and appealing to a broad user base, it announced last week that it had secured insurance coverage from Lloyd’s of London. It is important to note, that insuring assets on exchanges is different than just insuring custodied assets as they fall into two different risk buckets for insurers. Coinbase as an exchange has to purchase from the “crime” insurance market for assets in hot wallets, which are at higher risk for insider theft, hacking, and fraudulent transfers. Will Africa Leap-Frog the rest of the World to Widespread Blockchain Use? Tatianna Koffman explores five projects in sub-Saharan Africa that are utilizing blockchain in a variety of use cases including payments, banking, wildlife protection and education opportunities. In terms of development, Africa as a continent has been considered  “left behind”, however, blockchain technology stands to make the largest impact here and is already gaining traction and adoption at much higher rates than in the rest of the world. The town of Innisfil, Ontario announced last week that they would accept Bitcoin as a form of payment on property tax payments. The municipality reported that they may consider accepting BCH, LTC, ETH and XRP in the future. Wien Energie, Austria’s largest energy provider, unveiled a “blockchain-driven” fridge last week. The fridge, developed in partnership with Bosch, allows consumers to track via blockchain the appliance’s manufacturing origin and the origin of its ongoing energy consumption.  Wien Energie’s goal is to make consumers more aware of what energy sources are used to construct and run these appliances. Thanks for reading everyone!   Questions or comments, just let us know. Subscribe For the Latest Blockchain News & Analysis Disclaimer: This commentary is provided as general information only and is in no way intended as investment advice, investment research, a research report or a recommendation. Any decision to invest or take any other action with respect to the securities discussed in this commentary may involve risks not discussed herein and such decisions should not be based solely on the information contained in this document. Statements in this communication may include forward-looking information and/or may be based on various assumptions. The forward-looking statements and other views or opinions expressed herein are made as of the date of this publication. Actual future results or occurrences may differ significantly from those anticipated and there is no guarantee that any particular outcome will come to pass. The statements made herein are subject to change at any time. Arca disclaims any obligation to update or revise any statements or views expressed herein. In considering any performance information included in this commentary, it should be noted that past performance is not a guarantee of future results and there can be no assurance that future results will be realized. Some or all of the information provided herein may be or be based on statements of opinion. In addition, certain information provided herein may be based on third-party sources, which information, although believed to be accurate, has not been independently verified. Arca and/or certain of its affiliates and/or clients hold and may, in the future, hold a financial interest in securities that are the same as or substantially similar to the securities discussed in this commentary. No claims are made as to the profitability of such financial interests, now, in the past or in the future and Arca and/or its clients may sell such financial interests at any time. The information provided herein is not intended to be, nor should it be construed as an offer to sell or a solicitation of any offer to buy any securities. This commentary has not been reviewed or approved by any regulatory authority and has been prepared without regard to the individual financial circumstances or objectives of persons who may receive it. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives.

while R3 has supplied the opposite 40%. The announcement by way of each firms additionally supplied the next details about the brand new project.Business: Provision of DLT platform Corda, and different similar tradeAddress: Izumi Garden Tower, 1-6- 1 Roppongi, Minato-ku, Tokyo, 106-6019, JapanAt the instant of scripting this, SWIFT has announced a proof-of-concept (PoC) to trial its gpi hyperlink built-in with R3’s Corda platform. The PoC will use the R3 platform to authorize bills from banks by the use of SWIFT’s gpi Link. The PoC might be prolonged to reinforce different Distributed Ledger Technologies and e-commerce business platforms.News of SWIFT the usage of R3’s Corda platform has been attributed to XRP’s surprising achieve in worth of 9%. This is because of the truth that R3’s Corda has the potential of the usage of XRP to facilitate world bills. Richard Gendal Brown, Chief Technology Officer at R3 explained in December of last year, how the virtual asset will paintings at the Corda Settler:The deployment of the Corda Settler and its reinforce for XRP as the primary agreement mechanism is a very powerful step in appearing how the robust ecosystems cultivated by way of two of the of the arena’s maximum influential crypto and blockchain communities can paintings in combination.While the Settler might be open to all sorts of crypto and standard property, this demonstration with XRP is the following logical step in appearing how in style acceptance and use of virtual property to switch worth and make bills will also be accomplished.Corda Settler is an open supply CorDapp that permits cost tasks coming up at the Corda Network to be settled by the use of any parallel rail supporting cryptocurrencies or different crypto property.What are your ideas on SBI Holdings pronouncing a three way partnership with R3 whilst SWIFT intends to make use of Corda for its gpi Link cost answer? Do you suppose SWIFT will use XRP in the course of the Corda Settler? Please tell us within the remark phase beneath. Disclaimer: This article isn’t supposed to present monetary recommendation. Any further opinion herein is solely the writer’s and does now not constitute the opinion of Ethereum World News or any of its different writers. Please perform your personal analysis earlier than making an investment in any of the a large number of cryptocurrencies to be had. Thank you.Like what you learn? Give us one like or percentage it for your buddiesoriginal post…The Next Big Ethereum Conference Will Run Almost Entirely on BlockchainsHackers Just Stole Another $180K in Ether From Cryptopia ExchangeSingapore State-Owned Fund Backed Coinbase’s $300 Million Raise: ReportBitcoin Price May Rise in March Despite Month’s Bearish Track RecordMorgan Creek Joins $65 Million Series B for Blockchain Home Equity Loan FirmSquare Brought in Over $166 Million Through Bitcoin Sales Last YearBitcoin Lightning Tech Expands Beyond Invoices in Step Toward Better UXA new Reddit competitor called Gab Dissenter from Bitcoin-friendly social media network Gab.ai almost matched the daily active users on its first day of operations than all Ethereum DApps combined.Dissenter.com, which launched February 26, allows users to leave comments on any internet URL. Unlike Reddit, it has a decentralized structure.Participants paste any given URL into a separate field, principally a browser extension, type their comment and click on a ‘Dissent this’ button which syncs their text with the page’s URL.“There’s nothing… developers can do,” Gab CEO Andrew Torba explained in a video introduction to the platform earlier this week.The browser extension also contains voting facilities for both comments and URLs in a manner similar to Reddit up and downvoting.The initiative appears to have immediately struck a chord with the internet community. Google Trends data suggests this was instantaneous following the release of the introduction, while Gab itself recorded a total of nearly 7,000 users for launch day.That number puts Dissent close to the current daily active DApp user tally for Ethereum, according to dappradar.com.Perhaps unsurprisingly, users immediately took advantage of the platform’s features to lambaste one URL within the cryptocurrency industry which has proven particularly controversial.“Bitcoin.com is operated by people trying to deceive the public into believing that their cheap knockoff copy of Bitcoin is the real Bitcoin,” one reads, echoing sentiment expressed by others.Was waiting for this one lol #bitcoin pic.twitter.com/KVOYZaw6PV— 🆕By Gab: Dissenter.com (@getongab) February 27, 2019Coming at a time when cryptocurrency tipping has hit Twitter, Dissent would further appear an ideal candidate from micropayments via the rapidly-expanding Bitcoin Lightning Network.As Bitcoinist reported, Gab has already begun major advocacy of Bitcoin, officials in December stating they felt a “necessity” to promote it as “free speech money.”That admission came months after US exchange Coinbase had shut down Gab’s account in a move which generated cries of censorship. Correspondingly, should crypto payments hit Dissent, these would likely avoid any centralized third party, and instead favor the decentralized Lightning Network.Earlier this month, Tippin.me, the extension for Lightning tips, became available for Twitter users, around the same time the social network’s CEO Jack Dorsey said it was a matter of “when,” not “if” regarding Bitcoin integration in his payment company Square.What do you think about Gab Dissenter? Let us know in the comments below!Like what you read? Give us one like or share it to your friendsoriginal post…Following a high-profile strategic partnership with HTC, the largest mobile phone manufacturer based in Taiwan, the price of a virtual reality-focused crypto asset Decentraland (MANA) surged by 60 percent.Within minutes, the price of Decentraland spiked from $0.0363 to $0.0581 by nearly two-fold against the U.S. dollar.We’re excited to announce our new partnership with HTC! We’ll be working with HTC to bring the Decentraland ecosystem to the Exodus 1, HTC’s blockchain enabled phone, complete with an integrated hardware wallet. Read more on our blog at: https://t.co/a5g8FhEhry pic.twitter.com/JE6vijVSBCThe abrupt increase in the price of Decentraland comes less than 24 hours after Enjin Coin, a native crypto asset on a gaming blockchain network called Enjin, recorded a staggering 200 percent increase against Bitcoin after its listing on the Samsung Blockchain Wallet.On February 26, the Decentraland team officially announced its partnership with the HTC Exodus 1, the world’s first native blockchain smartphone introduced by HTC.The Exodus 1 was launched in late 2018 with a private blockchain vault called the Zion Vault embedded into the device, enabling users of the smartphone to securely hold crypto assets.Three months after the distribution of the Exodus 1, Samsung integrated a cryptocurrency private key storage into its flagship product the Galaxy S10 called the Samsung Blockchain Wallet, providing users with native access to cryptocurrencies.Both smartphone manufacturers are said to have integrated unique crypto assets like Decentraland and Enjin Coin over major cryptocurrencies in the likes of Ripple, EOS, Litecoin, Stellar, and TRON because of their belief that the potential of blockchain technology exceeds the realm of payments.In its official blockchain tutorial, Samsung emphasized that the blockchain can be utilized in a wide range of areas such as insurance, gaming, and e-commerce.“The blockchain is a new method that enables every user to store and process data in a decentralized ecosystem, and it is used in many areas. [Such areas include] secure distribution information confirmation, insurance and contract verification, copyrights management, content distribution, game items storage, crypto assets storage, and cryptocurrency transactions,” Samsung’s tutorial translated from Korean by CCN read.In a statement, HTC Exodus and Decentraland stated that they believe in allowing users to manage cryptocurrencies and other virtual possessions such as virtual reality identities, data, and assets, similar to Enjin’s in-game items and products stored on the blockchain.Both HTC Exodus and Decentraland are committed to redefining the way people manage their identities, privacy, cryptocurrencies, and other virtual possessions online.By storing private keys directly on the phone’s hardware, Exodus allows users to secure their Decentraland identities, data, and assets directly in their pocket – totally cutting out the middleman. Decentraland’s LAND (the ERC-721 virtual real estate that makes up Genesis City) and MANA (our Ethereum-based cryptocurrency) will both be supported by the Zion Vault.Throughout the 14-month crypto bear market, Decentraland has consistently been one of the best performing digital assets alongside Bitcoin, Binance Coin, and Maker.Decentraland 1-Day Price Chart (Source: TradingView)From its all-time high, Decentraland has lost 81 percent while most tokens recorded losses in the 95 to 99 percent range.Bitcoin has lost 80 percent of its value since its all-time high, slightly outperforming Decentraland. Still, the asset remains as one of the top 10 best performing crypto assets throughout the bear market.Historically, in a sideways market, tokens tend to outperform Bitcoin and other major assets such as Ethereum.In recent weeks, as Bitcoin gradually climbed from mid-$3,000 to $4,000, many tokens recorded substantial gains against both BTC and the USD.This is a perfect example of S/R zones at work – a perfect range.Play it accordingly by buying support & selling resistance or stay out.Everything else will chop you up.I’d personally love to get 3500.Not sure I’ll get it.While BTC cleanly broke out of the $4,000 resistance level for the first time since November, technical analysts are cautious on the short-term outlook on the price trend of the dominant cryptocurrency.Bitcoin recorded a strong movement to $4,200 last week but the magnitude of the retracement of the asset surprised many traders.Like what you read? Give us one like or share it to your friendsoriginal post…Ripple (XRP) broke out of the wider cryptocurrency bearish bias on Monday, rising as much as 14% after Coinbase Pro’s announcement.The San Francisco-based crypto exchange had stated that it would add XRP to its basket of tradeable assets to diversify its offerings. The news led to an improvized buying sentiment in the XRP market, given Coinbase Pro’s regulated status in the US, supported European Union member nations, Canada, Singapore, and Australia. As a result, traders purchased up to $1.3 billion worth of XRP tokens, leading to an increase in its market capitalization. The move further adjusted XRP-to-Dollar exchange rate from Monday’s low near $0.304 to as high as $0.348.RIPPLE (XRP) 1D PRICE CHART | SOURCE: BINANCE, TRADINGVIEW.COMOn the flip side, XRP failed to maintain its Coinbase-led pump. Influential traders started exiting their long positions near the intraday high formation at $0.348, leading to an approximately 5.74% loss on first correction wave. The downtrend didn’t stop just there. After a small consolidation session, XRP dropped another 6.68%, validating that the market was inside a broader bearish correction. Let’s have a look at the chart below for better illustration.RIPPLE (XRP) 15m PRICE CHART | SOURCE: BINANCE, TRADINGVIEW.COMThe consolidation action after the first drop led to the formation of a then-unconfirmed bear flag. The flag’s upper trendline rejected upside attempts on three separate occasions, indicating traders’ short sentiments. The bulls eventually gave up and XRP extended its downside correction towards $0.319. At the time of this writing, XRP is once again forming a bear flag, hinting that another panic drop is on the way.A downward wave is imminent once XRP breaks below the lower trendline. Should it happen, the move would trigger a panic sell action, prompting traders to open new short-sell signals under $0.324. At the same time, XRP breaking below its 50-period EMA (indicated via blue curve) and 200-period EMA (reported via red curve) would also strengthen the bearish bias in the XRP market.RIPPLE (XRP) 1D PRICE CHART | SOURCE: BINANCE, TRADINGVIEW.COMIn a broader scenario, the latest upside move has brought XRP close to its long-term descending trendline. So far, the trendline has capped every XRP’s upside attempt. At the same time, the digital asset has jumped above its 50-period EMA which indicates its first shift from bearish to bullish. If XRP manages to stay above the said daily EMA, then there is a possibility that it would cross above the giant descending trendline formation.The 200-period EMA (depicted in the red curve) poses as an ideal breakout target. If XRP manages to strike through it, then the market could confirm a real return-of-the-bulls. Until then, XRP remains inside a robust bearish bias despite its one-day wonders.Click here for a real-time Ripple (XRP) price chart.Featured Image from Shutterstock. Price Charts from TradingView.Like what you read? Give us one like or share it to your friendsoriginal post…On February 26, while the Bitcoin price remained at $3,800 following a sudden 10 percent plunge, Enjin Coin (ENJ), a crypto asset native to a gaming-suited blockchain network called Enjin, spiked by more than 150 percent.Against Bitcoin, at its daily peak, Enjin Coin surged from 0.00000958 BTC to 0.00002943 by 207 percent within a 24-hour span.Analysts have attributed the abrupt surge in the price of Enjin Coin to the listing of Enjin Coin as one of the four cryptocurrencies listed on the native crypto wallet of Samsung alongside Bitcoin, Ethereum, and Cosmee.Even after an impressive 200 percent rally against Bitcoin, Enjin Coin remains as the 58th largest cryptocurrency in the global market.ENJ is not one of the most valuable cryptocurrencies and the asset is relatively unknown to the mainstream in comparison to dominant assets like Bitcoin and Ethereum.The price surge of Enjin Coin was likely fueled by the introduction of the digital asset to the user base of the Samsung Galaxy S10, which could expose the cryptocurrency to a broader market.Samsung Mobile Business Development Summit : They are serious about blockchain. Also features @enjin logo as a partner, confirming rumors in my video https://t.co/n1OpOP1fEF. Exciting times! pic.twitter.com/5t7TRWg0pcIt is possible that Samsung and its blockchain development team showcased ENJ as a part of the launch of the Samsung Blockchain Wallet because of the team’s belief that blockchain technology has the potential to perform outside the realm of finance.As CCN reported on February 25, the official tutorial of the Samsung Blockchain Wallet emphasized that the blockchain can be used in many areas including game items storage.“The blockchain is a new method that enables every user to store and process data in a decentralized ecosystem, and it is used in many areas. [Such areas include] secure distribution information confirmation, insurance and contract verification, copyrights management, content distribution, game items storage, crypto assets storage, and cryptocurrency transactions.”Although Enjin is often overshadowed by major blockchain networks, it is one of the leading protocols in the blockchain gaming space that enables developers to efficiently deploy blockchain-based games.In the past several months, the Enjin team has strengthened its presence in the gaming market of South Korea, presenting at the 2019 Korea Blockchain Game Show hosted by the Korea Mobile Game Association and Korea Blockchain Contents Association on February 13.The efforts of Enjin to aggressively penetrate into the mobile gaming market of South Korea most likely landed an unofficial partnership with Samsung’s blockchain team.Enjin at the 2019 Korea Blockchain Game Show | Source: Enjin MediumDanbee Lee, a representative at Enjin, wrote earlier this month:After our presentations, many projects and attendees approached us to learn more about the Enjin Platform and discuss potential cooperation, and we were frequently complimented for creating an ecosystem that allows for immediate application and real-life use cases.Overall, it was truly rewarding to be part of an event full of experts who are all pushing for mass adoption of blockchain technology—and even moreso to see that Enjin is definitely a key player pioneering that path.Neither Enjin or Samsung have released a statement confirming the nature of the partnership between the two organizations.But, the presence of Enjin Coin as one of the four cryptocurrencies listed on the Samsung Blockchain Wallet as sufficient to lead the strongest single-day gain in the history of the asset.In a wider time frame, traders remain optimistic on the near-term price trend of Bitcoin.very bullish on this weekly for $BTC pic.twitter.com/BcEPMPg0rpMany investors were surprised by the magnitude of the drop in the price of Bitcoin on February 24 but some expected a pullback following a strong rally from the mid-$3,000 region.Like what you read? Give us one like or share it to your friendsoriginal post…For years, supporters of the Ripple blockchain network and its native cryptocurrency XRP have anticipated the listing of the asset on Coinbase, the largest digital asset exchange in the U.S.Many investors have believed that the integration of XRP by Coinbase could be considered as a confirmation of regulatory clearance on the nature of the digital asset as a nonsecurity.However, Jake Chervinsky, a government enforcement defense and securities litigation attorney at Kobre & Kim LLP said that there are too many variables to directly conclude XRP as a nonsecurity.Like any other commercial business, it is in the interest of Coinbase to supplement the demand from investors in the cryptocurrency market with a well-structured and developed product.On February 25, as CCN reported, Coinbase Pro, the professional cryptocurrency exchange operated by Coinbase, officially began the process of integrating XRP.Ripple is jumping on news that it will be added to Coinbase. But it’s only back to where it was yesterday.And as other recent additions, like ETC, have shown, there’s really no indication that listing there results in any sustainable trend change. pic.twitter.com/hwNJSbVGHLIn an official announcement, the Coinbase Pro team said:When XRP?? Now! XRP/USD, XRP/EUR, and XRP/BTC order books will soon enter transfer-only mode, accepting inbound transfers of XRP in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours.Initially, the integration of XRP by Coinbase led to a strong 10 percent increase in the price of the asset.Although XRP retraced substantially following the release of the announcement, in the past several hours, XRP has increased by an additional 3 percent against the U.S. dollar.As seen in the short-term price trend of XRP, the integration of Ripple by Coinbase was well accepted by the Ripple community.But, according to Jake Chervinsky, it is too early to determine whether the move by Coinbase demonstrates the company’s confidence that XRP is not a security.Instead, the attorney explained that Coinbase likely sees the benefits of integrating XRP into the exchange outweigh potential negatives of the integration including possible legal risks.It’s tempting to speculate about the legal implications of Coinbase’s decision to list XRP, but there are too many variables at play to draw any solid conclusions.The only reasonable inference is that Coinbase believes the benefits outweigh the costs (including legal risks).Moreover, it is entirely possible that Coinbase is aggressively moving towards the integration of a variety of crypto assets to compete with Gemini, which as Chervinsky noted has been dedicated to operating with the vision of establishing itself as the “most regulated exchange” in the U.S. market.Coinbase’s recent integration of XRP does not definitively show that the asset is nonsecurity.On February 13, Judge Phyllis J. Hamilton of the U.S. District Court of California canceled a case management conference, opening up the possibility of the case moving back to state court or being delayed for an extended period of time.Today, Judge Hamilton heard oral argument on the plaintiffs’ motions to remand & decided to cancel next week’s case management conference. This implies her decision will take a while … or the case is going back to state court.https://t.co/L9kRmRv500Due to the complexity of the case, Chervinsky previously emphasized that the case could take years to be concluded.“We are still looking at months or years until the case is resolved. But if you’re a Ripple supporter, you probably want the case to go on for a lot longer anyway. Your earliest hope for true victory is far off,” he said.But, the decision of Coinbase to move forward with the listing of XRP despite the obvious legal risks involved in the process could lead other exchanges in the U.S. to integrate the asset in the future.Like what you read? Give us one like or share it to your friendsoriginal post… TO HELP SUPPORT AND MAINTAIN THIS WEBSITE DONATE TO THIS ADDRESS jQuery

cut to the heart and said to Peter and the other apostles, 'What are we to do, brothers?' Acts 2:37 What happens when you mix hardcore Catholicism and hardcore Bitcoin maximalism?  We brought on 0knowledgeactor to make the case for Bitcoin for Catholics and to draw some interesting comparisons between the two. Follow 0knowledgeactor Twitter: @0knowledgeactor Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com2:31:19May 5, 2020Episode 196 - What the Fed Does and How Bitcoin Fixes It with Andy EdstromSubscribe to the podcast The Federal Reserve and the financial markets can be hard enough to understand under normal circumstances, but throw in the events of recent months and it gets downright overwhelming.  We invited Andy Edstrom, author of Why Buy Bitcoin, to walk us through how the Fed operates and how it effects the markets.  What are quantitative easing and repos?  Are we headed towards hyperinflation?  How long can they keep all of this up?  Does Bitcoin fix this? We discuss these questions and more! Follow Andy Twitter: @EdstromAndrew Book: Why Buy Bitcoin AndyEdstrom.com WESCAPGroup.com Check out Swan Bitcoin SwanBitcoin.com Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:14:47April 28, 2020Episode 195 - Hodling to Bitcoin Monetization with CarCampItWhat's the deal with hodling?  Why do so many Bitcoiners care so much about Bitcoin if they don't seem keen on spending it right now?  We invited CarCampIt on to talk about why we hodl and why Bitcoin is a great savings mechanism.  We also touch on why and how we think Bitcoin will be a boon for everyone--even those without the ability to acquire some before monetization occurs. Follow CarCampIt Twitter: @CarCampIt, @FAGcast Friends Against Government Podcast Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com58:28April 21, 2020Episode 194 - Inoculating Yourself with Critical Thinking with JW WeathermanWe're all trying to drink from a fire hose of information regarding the COVID-19 pandemic and there's a lot of specialized, technical information surrounding it.  How does a layperson navigate through all of it?  If you figure out how to filter information and respond with intelligence through this hysteria, you should be set going forward for anything else. Follow JW Weatherman Twitter – @JWWeatherman_ Mathbot.com Tales from the Crypt #143: JW Weatherman & Giacomo Zucco Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:01:32April 13, 2020Episode 193 - In the Dressing Room with Quincy JohnsonYour favorite truck driver is back for another episode with us.  We talk about cooking on the road, how truckers and the industry are dealing with COVID-19, how to take responsibility for your own life, and get into some good ol' fashioned wild Quincy stories. Follow Quincy on Twitter @BBWLOVE08142839 Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:23:59April 6, 2020Episode 192 - Pwease No ImplicationsSubscribe to the podcast With the panic surrounding Coronavirus and the normies stocking up on supplies, there have been some in the libertarian and gun communities that have been making memes about using their guns to steal those supplies from the unarmed people.  We brought on our friend, Steppy, to discuss how good (or bad) of an idea it is to make jokes like this. Follow Steppy on Twitter @PweaseNo Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com55:34March 31, 2020Episode 191 Bonus - The Wonderful World of Gardening with Jared from Biting the BulletSubscribe to the podcast Mr. Mongoose Energy himself, Jared from the Biting the Bullet podcast, has a softer side: gardening.  I talk chat with him on Twitter all the time about it, so I decided to have him on the show to talk about it.  We talk about each of our gardening setups, our successes and failures, and even give some gardening tips for those who are interested in getting started (like Slappy). Follow Jared and his Mongoose brethren on Twitter and Instagram Jared's Twitter Jared's Instagram Biting the Bullet's Twitter Biting the Bullet's Instagram Luke's Twitter Typo's Twitter Check out the Biting the Bullet podcast Biting the Bullet podcast Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:23:42March 25, 2020Episode 190 - From Marine to Antiwar Advocate: the Story of MDVet4PeaceSubscribe to the podcast We found another one!  Veterans are some of the best peace advocates out there, so we brought MDVet4Peace on the show to share his incredible story with us. Follow MDVet4Peace on Twitter @MdVet4 Check out the Defend the Guard Act Defendtheguard.us Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:23:35March 24, 2020Episode 189 Bonus - Keeping Two Hands on the Wheel with the Coronavirus with CarCampit and BirdarchistWe've got a bonus episode for you!  Car and Bird jumped on with me (no Slappy this episode) to toss some of our thoughts around on the Coronavirus.  We think that a lot of people need to pump the brakes on the panic and approach this stuff pretty differently. Follow them on Twitter @CarCampIt @birdarchist Check out the Friends Against Government podcast Friends Against Government Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com20:29March 18, 2020Episode 188 - The Ills of Modern Healthcare with Vake RajFresh from his Twitter break, we welcome now Vake back to the show to talk about our healthcare industry and many of the problems that it faces.  What's getting in the way of doctors and other healthcare providers to deliver the best service to their patients? Follow Vake Follow Vake on Twitter Previous appearances Episode 46 – An overview of Bitcoin and what’s going on with it today with Vivek Raj, Part 1 Episode 47 – An overview of Bitcoin and what’s going on with it today with Vivek Raj, Part 2 Episode 64 – Bitcoin forks and current Bitcoin news with Vivek Raj Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:38:23March 17, 2020Episode 187 - Should Libertarians Work Above or Below the Table?Subscribe to the podcast No libertarian likes to pay taxes, but can we take lowering our tax burden and overall government footprint too far?  Should we always strive to work under the table, away from the line of sight of the taxman, or should we maximize our productive output by making the most of our most valuable skills above the table? Items discussed Rollo's tweet Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com48:10March 10, 2020Episode 186 - Exploring Thyme and Astrological Analysis of Altcoin Marketing Drivel with BirdarchistSubscribe to the podcast We once again welcome our friend, Birdarchist, who made an absolute beast of a power move to get on the show despite his claims it was inadvertent.  We start off with some chat about nothing in particular and then transition into piecing through an article that Rollo stumbled upon about the altcoin, Tezos.  It's a disaster of a piece if you're looking for any substantive reasons to think Tezos provides any value, but that's why it's such a good microcosm of the altcoin space.  We take the opportunity to discuss a number of the downfalls of altcoins, including liquidity problems and how proof of stake systems wind up becoming cartelized. Just buy Bitcoin. Items discussed Tezos to the Moon: How the Unstoppable Cryptocurrency Rally Could Double Whales Double Down on Tezos Cryptocurrency Amidst Retail Driven Selloff Follow Birdarchist Friends Against Government podcast Follow Bird on Twitter Follow the Friends Against Government podcast on Twitter Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Original image (modified for this use): 52616890.jpg1:25:02March 3, 2020Episode 185 - Libertarians Are Coming for What?Subscribe to the podcast We libertarians tend to take the "live and let live" approach to a lot of moral issues.  If you're not violating the rights of others, then we have no interest in using force to stop you from doing whatever you want to do.  Does that mean that the behavior should always be encouraged?  And if the behavior isn't expected to be very beneficial for society, how do we go about promoting better behavior?  We use an article from The American Mind by Bedivere Bedrydant that takes a critical stance on libertarians getting in the way of a ban on pornography to explore these ideas. Items discussed Libertarians Are Coming for Your Sexual Dignity - The American Mind Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:00:16February 25, 2020Episode 184 - Governments and Bitcoin: A Look at Game Theory with CarCampItSubscribe to the podcast A lot of people like to dismiss Bitcoin by saying something like, "Bitcoin is nice and all, but the government is just going to shut it down."  The whole purpose of Bitcoin is strike at the root of government's power, but just assuming that the government not only can but also would want to simply shut it down ignores a lot of the interesting game theory that's going on in the global competition for power.  We bring on our friend and frequent guest, CarCampIt, to discuss these ideas. Follow CarCampIt Twitter: @CarCampIt, @FAGcast Friends Against Government Podcast Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Original image (modified for this use): g1:03:22February 18, 2020Episode 183 - Tearing into Politics and Current EventsSubscribe to the podcast We change things up a bit this episode by talking a little bit about politics and current events.  We talk about how normies handle politics, Nancy Pelosi tearing Trump's speech during the State of the Union, Alexandria Ocasio-Cortez's Instagram post, and the Coronavirus.  We even reveal our massive conspiracy theory on national levels of politics. Items discussed AOC's Instagram post The Iowa Coin Flip Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:00:11February 11, 2020Episode 182 - Friends of Children, LLC with Jacob from Tasting AnarchySubscribe to the podcast Jacob from Tasting Anarchy joins us on the show for a third time to take us back to first principles to discuss how we could work through the problems of child abuse.  We all know how bad the state is with CPS, but not many people discuss the alternatives.  We do that here and so much more. Items discussed Episode 179 - Evading Prison Time with Private Escape Markets Episode 340: Government Bureaucracy Horrors - Child Protective Services Edition Is the Non-Aggression Principle Axiomatic? Sammy Nikolayev story Follow Jacob TastingAnarchy.com Follow Tasting Anarchy on Twitter: @TastingAnarchy Chillderburg.com Follow Chillderburg on Twitter: @Chillderburg Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:52:11February 4, 2020Episode 181 - Getting 6.15 Bitcoin with American HodlSubscribe to the podcast Set phasers to bullish for this episode.  We invited American Hodl on the show to help us make an appeal to people, specifically libertarians, standing on the sidelines on Bitcoin.  Why is Bitcoin important?  What should you do to get your first Bitcoin?  We discuss this and much, much more! Follow American Hodl on Twitter @american_hodl Items mentioned Dear Libertarians: Bitcoin Fixes This Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com1:17:35January 28, 2020Episode 180 - Canceling Cancel Culture with BitcoinSubscribe to the podcast Target Tori was the latest example of an attempt at Cancel Culture that ultimately failed because of how ridiculous it was.  Whether or not the perpetrator was being serious or was simply a troll, it was at least nice to see people rally around Tori and help her out.  But the internet rage mobs in general aren't a great idea.  It makes us stick our noses in places they probably don't belong. Is there a way out?  There sure it.  Once again, Bitcoin fixes this.  BTCpayServer is a tool that people susceptible to cancellation should start leveraging.  And it's just an awesome tool in general: we've recently added it at LibertyMugs.com to handle our Bitcoin payment processing. Sponsor Liberty Mugs Keep in touch with us everywhere you are Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Earn Bitcoin by using your credit card GetPei.com, use promo code jz6ei7 to get $1058:49January 21, 2020Episode 179 - Evading Prison Time with Private Escape MarketsSubscribe to the podcast "I have not fled justice--I have escaped injustice and political persecution." These words were spoken by Carlos Ghosn, a former Nissan executive on trial in Japan.  He was charged with financial misconduct and did not trust the Japanese courts to give him a fair trial.  So instead of getting railroaded, he hired some people to smuggle him out of Japan and back to his home country of Lebanon.  This raises some interesting questions about private markets for escaping justice systems. Items mentioned Former Nissan executive Carlos Ghosn's dramatic escape from Japan prompts Interpol wanted alert - ABC News Episode 110 - How Would Fraud Be Handled in a Libertarian Society? Sponsor Liberty Mugs Keep in touch with us everywhere you are Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Earn Bitcoin by using your credit card GetPei.com, use promo code jz6ei7 to get $1048:41January 14, 2020Episode 178 - Discuss with Buck: Will Touching the Libertarian Party Turn Me to Stone?Subscribe to the podcast Our friend Buck joins us this week to talk about his plans to try to become a delegate for the Libertarian Party so he can vote to make Jacob Hornberger the presidential nominee.  He only wants to nominate Hornberger so he can spread the message of liberty and convert people to the movement and wants no other involvement in politics (including voting in the election).  He wants us to join the Libertarian Party simply to support him.  Are we being unreasonable by saying no when the effort on our part would be very low? After all, Bitcoin fixes all of this. Items mentioned Dear Libertarians: Bitcoin Fixes This Sponsor Liberty Mugs Keep in touch with us everywhere you are Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Earn Bitcoin by using your credit card GetPei.com, use promo code jz6ei7 to get $101:34:45January 7, 2020Episode 177 - Stocks, Dumb Money, and BitcoinSubscribe to the podcast Services like Cash App, Robinhood, and Acorn have been popping up that break down the barriers to entry to the stock market for average people.  Is this access good or bad?  Is it good that so many of us are so invested in stock market and other investment vehicles that we may not really understand?  What caused us to get here and is there a way out? Sponsor Liberty Mugs Keep in touch with us everywhere you are Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Earn Bitcoin by using your credit card GetPei.com, use promo code jz6ei7 to get $1053:48December 31, 2019Episode 176 - The Christmas Episode DisasterSubscribe to the podcast Welp, this happened.  Merry Christmas. Follow these creeps on Twitter @CarCampIt @birdarchist Check out the Friends Against Government podcast Friends Against Government Sponsor Liberty Mugs Keep in touch with us everywhere you are Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Earn Bitcoin by using your credit card GetPei.com, use promo code jz6ei7 to get $1059:57December 24, 2019Episode 175 - We Need Some Criteria to Be Considered a LibertarianSubscribe to the podcast We all want to grow the libertarian movement, but not everyone always fully buys in.  We don't want to do purity testing, but we need some some ways to qualify and define libertarians.  We use a few examples to work out how to deal with this issue and try to appreciate some of the nuance to come up with something suitable. Items discussed Episode 148 - The Tulsi Gabbard Question Sponsor Liberty Mugs Keep in touch with us everywhere you are Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Earn Bitcoin by using your credit card GetPei.com, use promo code jz6ei7 to get $1041:07December 17, 2019Episode 174 - Government Picks the Low-Hanging Fruit to Take Guns from and Throw in CagesSubscribe to the podcast With red flag laws looming around us, the government has been more active in confiscating guns from the people it deems shouldn't have them.  While they are something to worry about, does it distract us from paying attention to the things it already does at achieve the same ends?  We look at two things going on this episode: an article detailing a new Pennsylvania law that requires people convicted a domestic abuse crime to turn in their guns and the case of Derek Heuring, an Indiana man who police busted for meth after obtaining a warrant to search his house with probable cause that he stole the GPS tracker they planted on his car because it went silent.  They're not very likely to take our guns en masse but will instead go after some easy targets first that will be hard for most people to defend. Items discussed New Pa. law aimed to disarm accused domestic abusers within 24 hours. Hundreds in Philly haven’t turned in guns. Derek Heuring v. State of Indiana Oral Arguments Derek Heuring v. State of Indiana Memorandum Decision Sponsor Liberty Mugs Keep in touch with us everywhere you are Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Earn Bitcoin by using your credit card GetPei.com, use promo code jz6ei7 to get $1044:34December 10, 2019Episode 173 - Diving into the Hong Kong Protests with Reason's Zach WeissmuellerSubscribe to the podcast We discussed some of the reactions to the Hong Kong protests in Episode 167, but in this episode we welcome Reason's Zach Weissmueller for an in-depth discussion on what's really going on there.  Zach recently traveled to Hong Kong to experience the protests and talk to some of the people involved, so we welcome his valuable insight on the questions we have. Items discussed Reason Interview with Nick Gillespie - Why Hong Kong Protestors Are Channeling Bruce Lee Follow Zach Reason.com Follow Zach on Twitter: @TheAbridgedZach ReasonTV Sponsor Liberty Mugs Keep in touch with us everywhere you are Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Shop on Amazon through our link Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Earn Bitcoin by using your credit card GetPei.com, use promo code jz6ei7 to get $101:03:04December 3, 2019Episode 172 - Todd Hagopian and the Libertarian PartySubscribe to the podcast The great Todd Hagopian joins us this week to discuss his campaign to take the Chair of the Libertarian Party from the incumbent Nick Sarwark and why Todd thinks that anarchists like Rollo and Slappy, who want nothing to do with politics, should get involved with the Libertarian Party. Follow Todd LibertarianInChief.com ToddHagopian.com Follow Todd on Twitter: @ToddHagopian Sponsor Liberty Mugs Keep in touch with us everywhere you are Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Shop on Amazon through our link Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com Earn Bitcoin by using your credit card GetPei.com, use promo code jz6ei7 to get $101:00:46November 26, 2019Episode 171 - Frigid how a libertarian society would […]00:00March 19, 2019Episode 135 – Andrew Yang Is Clueless About Guns, But We Have Better IdeasDemocrat Presidential Candidate Andrew Yang is taking some flak for his thoughts on gun control.  And he should because his thoughts are pretty bad, but that means he’s pretty popular among the typical bad idea machines.  Slappy and I take this opportunity to talk through how we think a libertarian society would handle risky people […]00:00March 12, 2019Episode 134 – Bill of Rights for Domestic Workers?Slappy and I came across an opinion piece where a local nanny was complaining about working conditions for domestic workers like cleaners and nannies.  She was suggesting that a “bill of rights” is required to be placed into law by the city of Philadelphia to alleviate these issues.  We read through the article and discuss […]00:00March 5, 2019Episode 133 – The Not-So-Civil War with Prof. CJ of the Dangerous History PodcastSlappy and I welcome Prof. CJ of the Dangerous History Podcast to talk about his show and the recent epic 28-hour long series he did on his podcast, “The Not-So-Civil War.”  We start with some general conversation about Prof. CJ and education, but then we dig into some questions we had about the Civil War. […]00:00February 26, 2019Episode 132 – You’re All a Bunch of Socialists!There were some audio issues during post-production.  We got them to reasonable levels but Rollo’s voice is a little louder than Slappy’s and a bit less crisp. Well, not all of you are socialists.  But it’s interesting to notice how many on the right decry the left’s socialism only to succumb to its temptations as […]00:00February 19, 2019Episode 131 – Guy Swann of The Cryptoconomy Podcast Carries the Lightning TorchWe welcome Guy Swann from The Cryptoconomy podcast to talk about Bitcoin’s Lightning Network, Guy carrying the Lightning Torch, and bringing Bitcoin to the world. Items mentioned SLP52 Jack Dorsey & Elizabeth Stark – Bitcoin: Native Currency of the Internet – Stephan Livera Podcast 10HoursofBitcoin.com Follow Guy Twitter: @TheCryptoconomy The Cryptoconomy Podcast Sponsor Liberty Mugs […]00:00February 12, 2019Episode 130 – We Interrupt Your Normally Scheduled Program…Slappy and I have CarCampIt of the Friends Against Government podcast on the show to talk about some of the current goings on in the world.  We talk a bit about Super Bowl commercials, abortion, and PETA’s Twitter account. Follow CarCampIt Twitter: @CarCampIt Friends Against Government Podcast Sponsor Liberty Mugs Keep in touch with us […]00:00February 5, 2019Episode 129 – How Do You Deal with Criminals in a Libertarian Society?We take libertarianism all the way to its logical conclusion.  That means we don’t want the state to exist for anything.  This includes ways to handle criminals.  Libertarianism answers the question of what constitutes a crime very well, but it’s not quite obvious what to do once we think we know who the criminal is. […]00:00January 29, 2019Episode 128 – What to Get from the Covington Catholic March for Life Media DebacleI’m sure you’ve heard about it already, but there was an incident in Washington, D.C. at the March for Life.  It sets up like a joke, but what do you get when you take groups of Native Americans, Black Hebrew Israelites, and students from an all-boys Catholic High School?  Utter social media mayhem.  We discuss […]00:00January 22, 2019Episode 127 – How to Deal with Racists with Quincy JohnsonThis episode contains some language, so listener discretion is advised. We had the privilege of bringing everyone’s favorite truck driver, Quincy Johnson, on the show to talk about how to deal with racists and then chat a bit about politics. Follow Quincy Twitter: @QuincyLovesBBWS Sponsor Liberty Mugs Keep in touch with us everywhere you are […]00:00January 15, 2019Episode 126 – Bitcoin, Bitcoin, Bitcoin with Heavily Armed ClownBitcoin just turned 10 years old, so what’s better to talk about than Bitcoin to start the new year?  We brought on Colin, known as Heavily Armed Clown on Twitter, to discuss how he got into Bitcoin, the economics behind it, adoption, the bear market, and more! Items discussed Mathbot.com JW Weatherman’s Course Buy a […]00:00January 7, 2019Episode 125 – The Fall of Stefan MolyneuxStefan Molyneux is known for bringing a lot of people into libertarianism and anarcho-capitalism.  But over the last few years, he’s been saying some pretty odd to flat our ridiculous things that should make someone start to question him.  What went wrong?  Slappy and I discuss. Items discussed Stefan Molyneux Thinks Voting Is the Solution […]00:00January 1, 2019Episode 124 – What We Want For ChristmasMerry Christmas!  Slappy and I spend some quality time with you during this special season to tell you what we want for Christmas.  Grab some fruitcake and some eggnog and cuddle by the fire for this Christmas special! Sponsor Liberty Mugs Get a free Liberty Mug by signing up for the Tom Woods Liberty Classroom […]00:00December 24, 2018Episode 123 – Bitcoin Bomb Threats!Bitcoin’s all time high was a year ago today.  We’re in a bear market, so there’s been plenty of FUD being spread around by the no-coiners.  We discuss some the recent Bitcoin bomb threat, criticisms, and some critiques on altcoins. Items discussedDon’t Buy Bitcoin.  It’s Going to Crash!!!Episode 106 – CNBC’s take on Bitcoin and […]00:00December 18, 2018Episode 122 – Feeling Bullish on Taking Down PC CultureThe extreme leftists and social justice warriors keep getting crazier and crazier with no real end in sight.  The latest victim of their silly whininess is Heisman Trophy winner Kyler Murray, who was “discovered”to have tweeted out an “anti-gay slur” when he was 15 years old.  Fortunately, the vast majority of people seem to think […]00:00December 11, 2018Episode 121 – Remembering the Death of Joseph Pacini at the Hands of the PoliceAt the end of the month, it will be four years since Joseph Pacini, an at the time 52-year-old man from Clifton Heights, PA, was gunned down by police following a charge of making terroristic threats.  We immediately picked the story up as soon as it happened since it occurred so close to where we […]00:00December 4, 2018Episode 120 – Should We Be Strict Capitalists? with Dean-OOur friend, Dean-O, recently penned a piece on his site The Rogue File called “Why I’m No Longer a Capitalist (It’s Not What You Think)” where he has decided to transition away from being a strict capitalist in favor supporting a free market that allows for what he refers to companies that use some “socialist […]00:00November 27, 2018Episode 119 – The Real IDI’ve been hearing about this Real ID that I’m supposed to be getting in the next few years, so I finally looked at what it is.  It’s not good.  Of course, the government will tell you it’s for your safety, but what else could they be using it for?  CarCampIt joins us to discuss. And […]00:00November 20, 2018Episode 118 – What if a single company takes over a private city?We recently came across a tweet questioning whether the free market could handle a situation where a single company had control over a city.  Could they dominate the people?  What happens if they don’t like certain groups?  Are there free market solutions to these problems or is this an example of an exception to the […]00:00November 13, 2018Episode 117 – Girl SlappingJason Stapleton got triggered when recent guest of ours Mance Rayder posted a screenshot of a kind of dumb conversation happening in his Facebook group. He then proceeded to whine about Mance and his views with his cohost. The problem, though, is that everything he accused Mance of thinking was untrue. So we’re firing back […]00:00November 6, 2018Episode 116 – Mance Rayder on unions, culture, and…It’s been long overdue, but we finally got Mance Rayder on the podcast.  We start with some conversations about unions, pivot to immigration and culture, and then go onto some talk about some issues we see among people resisting a world without the state.  Keep up and enjoy! Items Discussed Episode 85: Award Winning Journalist […]00:00October 30, 2018Episode 115 – Teachers and schoolWe’ve all had teachers and we’re all expected to put teachers on some holy pedestal of respect and awe.  Is that misplaced?  Are public schools the only poisonous place to send your children to be educated or do private schools suffer from many of the same problems.  Do teachers get paid enough?  In this episode, […]00:00October 23, 2018Episode 114 – CharityAs libertarians, we will often be asked how a free society would handle the role that the government takes in helping those in need and providing a safety net.  We provide some ideas and insights on private charity and the wealth that is created with free markets. Items Discussed The End Is Near and It’s […]00:00October 16, 2018Episode 113 – Anecdotes of liberty growing in the minds of peopleThe news cycles have been especially stupid as of late, so instead of focusing on all of the annoying and bad things going, we decided to take a step back and acknowledge some nice observations from our own lives of people turning some corners towards liberty. Sponsor Liberty Mugs Get a free Liberty Mug by […]00:00October 8, 2018Episode 112 – Chris Pacia challenges our Bitcoin maximalismWe’ve been talking about Bitcoin and promoting Bitcoin maximalism a lot.  One of our friends offered to set us up to talk to Chris Pacia to debate and discuss some ideas around Bitcoin maximalism. Rollo ate a steak for dinner, so he thinks he’s ready.  Grum once again decides to crash the party, nullifying the […]00:00October 2, 2018Episode 111 – Nullification with Michael Boldin of the Tenth Amendment CenterThere’s not much we can do to fight the state, but one of the options available can be very powerful: nullification.  We brought the expert, Michael Boldin, on to talk about all things nullification. Follow Michael Tenth Amendment Center State of the Nullification Movement Report @TenthAmendment @MichaelBoldin Follow Michael on Facebook Sponsor Liberty Mugs Get […]00:00September 25, 2018Episode 110 – How would fraud be handled in a libertarian society?We can all agree that fraud is less than savory behavior, but is it Non-Aggression Principle violation level behavior?  Is it simply lying? Regardless of how we categorize it, how would we deal with it in a free society?  We’ve got some answers. Items discussed Prisons in a free society? by Bob Murphy Sponsor Liberty […]00:00September 18, 2018Episode 109 – What is Bisq and why are decentralized, non-custodial Bitcoin services important?We’re still mashing the Bitcoin button for picking podcast episode topics, but this one is a little bit different because it’s fairly actionable. Rollo recently finally used Bisq to purchase some Bitcoin.  Bisq is a decentralized, non-custodial Bitcoin exchange that offers some serious improvements over the Bitcoin exchanges that we’ve grown accustomed to. Also, we […]00:00September 11, 2018Bonus Episode 108 – Gratuitous nerding out by “one and a half” engineers on the alleged moon landing hoaxCarCampIt and Birdarchist were discussing game theory and the possibility of a moon landing hoax in the most recent episode of their podcast.  I, Rollo, had some ideas and disagreements on some of Car’s points, so I invited him to jump on a call to talk about it and release the first ever BONUS EPISODE […]00:00September 6, 2018Episode 107 – Why Bitcoin will be the one and only moneyWe’ve been dedicating a lot of time on the podcast and the blog about Bitcoin and we’ve been teasing our Bitcoin maximalism.  Now it’s time to explain why we believe that Bitcoin is set to be the one and only money. Previous episodes mentioned Episode 90 – Bitcoin scaling problems and solutions with JW Weatherman […]00:00September 3, 2018Episode 106 – CNBC’s take on Bitcoin and Rollo opens a Lightning Network nodeBitcoin has been in the mainstream for awhile now and the media has been running their fair share of stories.  CNBC is running a special called “Bitcoin: Boom or Bust”.  Based on their teasers, it looks like it will be quite the doozy—and not in the good way. And while they’re busy with that, the […]00:00August 28, 2018

this space.Weve reached out to people spanning diverse backgrounds: influencers, C-level executives, traders, partners at VCs or HFs and some of the sharpest GAINS members.Weve compiled all the answers right below. From the rise of DeFi to more regulations and adoption, without forgetting about the very expected halving, these passionate experts share their insighful views!Here are the questions weve asked them:0) Very short and sweet presentation of you.1) Looking back, What do you think of crypto 2019? Any funny story, anything that makes sense (or doesnt) in retrospect, most important lesson learned maybe?2) What are your current investments? Any project youre particularly excited about?3) What do you think 2020 has in store for us?Heres the list of people featured, in case you want to jump in somewhere. If theyre included, it means they all bring something interesting though ;)Lets get started!1) Roger Ver Presentation The very first person in the world to start investing in the crypto currency ecosystem , and CEO of the first established to start accepting Bitcoin for payments.1) 2019 ThoughtsIt was a best of times and worst of times year for crypto. I think a lot of people are really starting to feel more consciously how much we were set back by BTCs failure to scale and the division of the market into a thousand altcoins. Its frustrating because some of the adoption gains that took years to make were lost in 2019, and the freer and wealthier world cryptocurrency can create has been delayed maybe a decade for no good reason by a lot of people who are very confused about the economics of cryptocurrency. But this growing frustration is also a reason to be excited.People are realizing that a coin needs to be useful if it is going to be a good investment , which is fantastic. We saw more people publicly question the dominant narrative in BTC this year that a coin can maintain its value while being unreliable as cash. We also saw a point-of-sale service recently drop BTC as a payment option because it was shown that replace-by-fee destroyed the incentive structures that made BTC reliable as point-of-sale cash. Those same incentives still exist in Bitcoin Cash, which is why, for example, over 90% of Australias cryptocurrency retail transaction volume this fall was in BCH. Its a funny, sad, and useful lesson for everyone who wants to see cryptocurrency used by real people in their daily lives. If you mess too much with the economics of Bitcoin, it wont work as Bitcoin was intended to work in commerce.2) Investments I suppose my New Years resolution will be to update Rogerver.com to reflect my current portfolio. It is nearly half a decade out of date.Im most excited about the investments that have the ability to tear town barriers to trade. , and are two of the most recent in my long list of investments.I also hold plenty of the most popular crypto currencies and tokens, in addition to old fashioned securities and fiat cash.3) 2020 OutlookWere going to continue to see that coins that have real utility and follow a rational economic policy are the future and that coins that arent useful or try to distort the economics of their system may retain some temporary speculative value, but that their long term trend will be towards stagnation unless their roadmaps change.Bitcoin Cash is by far the most useful as cash in commerce, which is one reason Im so excited about 2020, but theres so much more than that to look forward to now. Tools like are going to allow organizations, content creators, startups, corporations anyone to run a truly free-market capitalist IPO and pay dividends to pseudonymous holders around the world , rich or poor, for the first time in history. Its one of the most important innovations in cryptocurrency in the last several years and it is only possible on Bitcoin Cash now. I dont think anybody really has a clue yet how much potential this has to drive adoption. Well see people doing this in the coming year for the first time, and I expect were going to see even more creative uses for this technology once people start playing around with it. Weve also got more on-chain scaling, better wallets and applications, and a lot more merchant adoption coming in 2020, at least for Bitcoin Cash and hopefully for the industry as a whole.Im more focused on things like this in 2020 than I am in the Y2K-like fear around the halving or in speculating about the exact price. Coins like BCH that can continue to become more useful for everyone around the world, increase their adoption, and develop through market-driven action (as opposed to economic planning) shouldnt have anything to worry about long-term.2) Tone Vays Presentation Tone worked on Wall Street for 10 years and joined the crypto space full time as a YouTuber & Conference speaker in 2015. His main focus is trading & markets but he also organizes 3 events. is a general Bitcoin Not Blockchain Conference is designed to teach people how to use Bitcoin properly by Developers is a networking event for successful traders & hedge funds.1) 2019 Thoughts 2019 might not go down in history as a very memorable year. I will remember it for the year Shitcoins started to die as we saw Bitcoin dominance rise form 40% to 70%. This really helped pump the price of bitcoin to $14k but here at year end we are down over 50% from that top but still up 100% from start of the year. I also like the progress of both and .2) Investments My only investment is Bitcoin itself, its unfortunate that I now have to be more specific in saying BTC, as there are still many fake Bitcoin bad actors that are trying to sell as Bitcoin like BCH and BSV. That has always been my focus, I am not in the VC business in picking winning & losing companies at the start up stage, I will wait for the market to decide. In the crypto space, 99% of them will fail. And also to be clear, every single token besides Bitcoin is a centralized currency/security of a company, none of them should be compared to Bitcoin. 99% (probably more) will fail completely. Good luck getting right the one that doesnt.3) 2020 Outlook I think that too many people still want to be scammed by bad projects & ideas. Everything in this space is still over hyped. I think that Bitcoin dominance will grow from 70% to over 85% as more people realize the things they are holding are actually shitcoins as they trend to 0. More people will use Lightning for day to day Bitcoin payments and all future ICOs will be more like legal STOs launching on the Liquid Sidechain. As for the price, Ithink Bitcoin will struggle to break $10k next year, I can even see it not happening until the second half of the year. It took the total MCap of the Nasdaq 15 years to break the high of 2000, I can see it taking closer to 5 years for the Crypto market cap to go above the 2017 high but this time, it will be 90% Bitcoins value when it does.3) Ian Balina PresentationFounder and CEO of , a crypto investment research platform that leverages human capital, analytics, and machine learning to help crypto investors find profitable investments and filter out scams.1) 2019 Thoughts2019 can be summed up by IEOs and Facebook Libra. Interestingly, some projects we were initially bullish on started doing well 12 years later. The lesson being some times you can be right in the long term but wrong short term. It helps to have long term conviction if you invest in something. 2) InvestmentsCurrent mining (HNT) using a hotspot. Im also an equity investor in , a recent graduate of .3) 2020 Outlook I think 2020 will have even more growth for DeFi, lending, and stablecoins. With the Bitcoin halving and Ethereum 2.0, this should be the moment of truth on crypto gaining more mainstream exposure.4) Bobby Lee Presentation Bobby Lee is the founder and CEO of , a company that makes non-electronic cryptocurrency storage solutions. Ballets first product is the Ballet REAL Series wallet the worlds first non-electronic, multi-currency, physical cryptocurrency wallet. Bobby Lee was previously the founder and CEO of BTC China , the first Bitcoin exchange in China. He is also a board member of the .1) 2019 ThoughtsPositive open-source developments:Lightning Network is increasing Bitcoins transaction capacity, wallets with built-in, user-friendly coinjoin features (, ) are improving privacy, and is driving the growth of borderless, censorship-resistant, cryptocurrency-only eCommerce. These applications are adding tremendous value to Bitcoin and paving the way for mass mainstream adoption.2) InvestmentsBobby is heavily invested in Bitcoin and believes 2020 will be a great year for mainstream adoption and price growth. Two main reasons support his optimism: positive developments in the Bitcoin open-source ecosystem and the reckless fiscal and monetary policies of governments around the world.3) 2020 OutlookLegislators and regulators in the United States and Europe understand that non-government currencies are a threat to their power, so they strongly oppose the idea of Facebooks (a stablecoin pegged to a basket of fiat currencies). However, I believe government opposition will diminish over time and we will see large corporations create their own digital currencies. Governments will change their stance because they will come to understand that they cant control or stop Bitcoin, and they will prefer to have their citizens use centralized corporate coins that can easily be regulated, monitored, taxed, and pegged to fiat currency.Government (fiat currency) problems:The ongoing incompetence of governments around the world in managing their fiscal and monetary policy is another factor that is bullish for Bitcoin. As governments accumulate debt at an ever-increasing rate and print vast amounts of fiat currency, more and more people will buy Bitcoin as a hedge against inflation and insurance policy for a global financial crisis.5) Evan Luthra PresentationI am Dr. Evan Singh Luthra, I build and invest in fast and cutting edge technology companies. Outside of crypto, my main business is where we work with non tech entrepreneurs who have great ideas. For the right entrepreneur and the right idea, we dont just invest money in them, we actually build the company with them from the ground up by providing resources such as technical, marketing, fundraising and more. I come on board as CTO of most of these companies. Today, the combined market cap of the companies we have built and invested in is in excess of a billion dollars and we have tens of millions of users across the globe. I have opened the worlds in India.I also have a lot of various business interests: I own a fashion company, a vodka company but mostly we use technology to go to existing industries and disrupt them.1) 2019 ThoughtsNot the best year but still a great year. Got to learn a lot. The most important lesson I would say is be careful who you work with because the scammers are getting smarter and smarter and are looking more and more credible. In this industry, a lot of people made a lot of money very fast and with money youre able to buy some sort of credibility from the market, so make sure the people youre working with are who they say they are and have done what they say theyve done. From a business perspective, it was a great year. From a personal perspective, I lost my younger brother to cancer, so I rate 2019 as my worst year on a personal level. But when it comes to making money, Ive had a lot of success over the last year.2) InvestmentsI invest very heavily. I invest in a new company every 2 to 3 weeks. Today, I have over 100 investments and I very rarely sell my investments. Im mostly someone who buys and holds and waits for them to go up. There are a few projects Im excited about. In the blockchain space: , its SAP for the masses. Their CEO is 3 times my age, a very successful guy. Im very happy to have had the chance to invest in them. They won the pitch competition from me at an event in London.Inside the crypto space, I have a crypto investment bank, : we work with companies for fundraising and we take equity, cash and tokens in exchange for the funds we raise for them. I have equity in projects like , and others. I have tokens from various other projects. I have helped raised over hundreds of millions of dollars.Another project that Ive recently invested in and I feel has strong potential is dreamer.app. Its an app that helps people fund their dreams and I love what these guys are doing. Its the first US based STO/IEO. It was interesting to see how they got to do an IEO from the US. Im also invested in , which is blockchain 5.0. They have the fastest transactions per second. The technology is really strong. They have 200 people in Russia working on building the blockchain of the future. I think this industry really needs infrastructure support and better infrastructure to really grow. I believe Relictum can provide that infrastructure with their one million transactions per second.Outside of the blockchain, I have many projects Im invested in. A good one is which is a skill based gaming platform where you can bet fiat money on arcade games like Flappy Bird and if you reach a high score, your money doubles. Its doing really well, they have strong growth.I do many other things. Theres a fashion app that lets you design a digital wardrobe and get feedback from your friends. And some more!3) 2020 OutlookYou can only connect the dots when you look back. And right now, with how the year started with the potential for war and people talking about WWIII, I think there are other more important problems we need to solve on a human level. Technology is a fast growing industry, its going to grow, no doubt and were going to see exponential growth in some places. This decade has been amazing, I call it the decade of the technology take over. Im actually publishing an article in Forbes about this where I talk about everything we do has completely been disrupted by technology. A decade ago, we just came up with the App Store. I started building apps, I was one of the first 100 guys building apps for the iPhone around a decade ago. And now, we cant really imagine our lives without our apps. We use apps to order food, call a taxi, a hotel, to travel, to work. Everything is won by apps. And blockchain is the decentralization of apps. I think its going to give power back to the people because we have seen in this decade, power being taken from the people by these technology companies: they have too much power today. Ten years ago, the five biggest companies were all oil companies, today if you dont count Saudi Aramco which is basically a government company, all the five biggest companies are tech companies. So, I think 2020 is going to be very exciting and I look forward to seeing it. Like I said, you only connect the dots when you look back but if you want to predict the future, the best way is to go build it. Thank you. If anyone wants to talk about business or app ideas, investing or to just have a chat, youre always welcome to reach out on evan@evanluthra.com. You can follow me on. Im always very approachable and happy to chat. Happy New Year!6) Zoran Kole PresentationI am a 24 year old self employed derivatives trader. I am also the founder of , a massive community of aspiring and seasoned traders/investors looking to collectively improve and achieve financial freedom.1) 2019 ThoughtsThe 2019 crypto market was probably the most exciting year for me personally. I shattered personal trading milestones while nurturing a community of 100 people all the way to the 3300 members we have today. 2019 was also the year I took some of my biggest trading losses but I couldnt be more thankful for them. They taught me to follow the rules and system that I preach on a daily basis in Crypto Insiders.A general take for the 2019 market conditions however revolves around the rise of derivatives and their subsequent effects on price movements.We saw first hand how powerful narratives, such as the short squeeze in Q1, can lead to massive changes in momentum. We learned that the majority of price action when Bitcoin is range-bound is mostly driven by the liquidation of retail participants and highly leveraged derivative hedges. Lastly, weve accepted that crypto is mostly a flow driven market compared to a technical one. The greed and hubris market players exhibit is at the crux of where all the volatility in the space comes from.2) InvestmentsCurrently, my only investment is in Bitcoin itself. Having bought the top in 2013 and hodling ever since the landscape hasnt changed much and those with a long term investment strategy will likely be the ultimate beneficiaries of the price appreciation Bitcoin is assumed to provide.I cant honestly say that Im excited for any of the other ERC20 tokens or shitcoins as I call them. 2019 was a wake up call for many. Vaporware projects have fallen down from their all time highs and even their current rallies are likely to fall short of ICO buyers expectations. The handful that have surpassed their USD ATHs are nothing more than this cycles flavor of the month/quarter/etc.However I will say that I do believe a handful of these alternative coins will have longevity in the space as long as bitcoin is around. I am adamant that larger players utilize these shitcoins for the sole purpose of accumulating more bitcoin through the alt/btc pairs exchanges provide. As long as these whales as we call them continue to accumulate Bitcoin through any means possible, we will from time to time see mini alt seasons.Lastly I am excited for one project coming out in 2020; however, this is a personal one and dont want to come off as too much of a shill!My partner and I are currently developing the most robust curriculum to educate aspiring retail traders on how to navigate and trade the crypto markets. While many of our principles and fundamentals are universal to any market, there are a handful of strategies we want to make known to newer traders. In a market dominated by algorithms, stop runs, and liquidations we believe its our duty to educate the masses and give them a fighting chance to achieve financial freedom.3) 2020 Outlook2020 is likely going to be a repeat of 2019 in terms of market price movement. We will likely see new narratives form as retail traders are continuously pushed from side to side by the titans of industry. With the Bitcoin Halving this year, except to see much more volatility. On the flip side, I expect 2020 to bring fourth a lot of regulation for traders/investors as it relates to their exchanges of choice. Regulators are no longer taking a passive stance on the space; expect strict KYC/AML laws and their subsequent negative affects on price movements. Ultimately, 2020 will test the previous cycles wounded participants and force them to acknowledge their mistakes this time around.7) Rob McNealy PresentationRob McNealy, is a serial entrepreneur , shooting sports enthusiast, personal liberty advocate, recovering corporate MBA, maker, doing, problem solver, and certified welder. He has been married to his wife Kristie since 2000, and they live in the Salt Lake City, Utah area where they raise and home school their four children.1) 2019 ThoughtsGetting a bunch of developers to volunteer to work on was a story all by itself. However, I think keeping people motivated to work on and to build a crypto project, while the crypto market appeared dead, was hard but very rewarding.2) InvestmentsIf you include time, I have invested more into TUSC than anything else. Besides TUSC, I personally own BTC, ETH, RVN, and some dead tokens I wont mention by name.3) 2020 Outlook I am most excited about TUSC. However, I feel 2020 will be a big year for crypto on a lot of fronts.- I think the halving of BTC block rewards will cause to be a lot of focus there.- We are going to grow TUSC as much as we can.- I think more of the dead and illegal ICOs will fall away and finally die, leaving more room attention for solid projects like TUSC.- I think there will be more regulation and regulatory clarity. - I think customers are going to become important when evaluating crypto projects.8) Didi Taihuttu PresentationDidi is a Bitcoin Entrepreneur, Author & Writer, Speaker and Crypto & Blockchain evangelist. He went all-in in Bitcoin selling all his assets and now travels the world with his family living only on crypto.1) 2019 ThoughtsWhen i look back at 2019, I can honestly say again that it was a great year for Bitcoin adoption and investors. In February you could buy BTC for $3500 which was really cheap and you could have sold it for $13500. Thats almost your investment times 4!When it comes to adoption, it depends on how you define adoption. For me crypto adoption means that I can spend cryptocurrency without using the banking system. How? There are many ways but you need to be creative and most of the time they are not as simple yet as spending fiat. You can pay with BTC direct from your wallet to another wallet, you can use third party apps like for example which we got to know when we visited in Slovenia. BTC city was an amazing experience and an example of a place where I can buy 98% of my daily needs directly with Bitcoin, Ethereum or Bitcoin Cash. Its really a cool place to visit and I would advise everyone that wants to see full adoption of crypto to go and check it out. Next to direct BTC wallet payments and third party apps, I also see the increasing market of coupons that you can buy online with crypto and spend in stores. The last thing I see growing is the crypto debit cards. I have been using and for a few years now and yes they simplify the use of crypto by integrating Visa. Your crypto is exchanged to the local currency in your app and then you can pay the shop with a Visa debit card. I agree that it really simplifies the use and its amazing that Wirex and Bitsa are doing this and also support a BTC wallet that you can use for direct BTC payments but the ultimate goal should be that stores directly accept BTC. Lets be honest most stores dont even know about BTC so why would they accept it when there is no need. In countries where there is need like Venezuela, stores will understand that they need to accept BTC because many people are forced to use it because of a broken fiat currency. Either a huge economic crisis, war or any huge macro economic event will lead to the increasing need of BTC and other cryptocurrencies.So, 2019 was a great year for crypto in my opinion and also for us as the. We do everything to support BTC and in 2019 we were live on Dutch, Australian and Belgium TV. We were featured in 2 Documentaries and many international Newspapers. I joined 10 podcasts, appeared on 15 YouTube channels, created 75 own YouTube videos, gave 25 interviews and spoke at 15 events. Hahaha shit that sounds like working again hahaha.2) InvestmentsWe are still all-in in crypto. Our biggest hodl is Bitcoin and Litecoin but I own many other cryptos like ETH, BCH , XVG, Dash, DBET , EVED, XLAB and more.3) 2020 OutlookAs a family we hope to support Bitcoin in 2020 some more. In 2020 I would keep an eye on projects like , and. Blockchain Valley is an amazing real estate smart city project that will support blockchain and crypto to the fullest. Definitely a place we could live as a family after the sharing is caring tour. Xceltrip is a working project that has created a decentralized travel ecosystem. You can book more than 1.5 million hotels and flights from 400+ airlines. Travel is a huge industry we as a family use as digital nomads so they have our full support. Lite.im is a crypto wallet you can use in combination with Facebook and telegram. This is huge because people can now buy, sell and exchange crypto by using