VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS34.90%
Net Worth
0.459USD
STEEM
0.006STEEM
SBD
0.160SBD
Own SP
7.086SP
Detailed Balance
| STEEM | ||
| balance | 0.006STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 7.086SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 0.000SP | SP |
| Effective Power | 7.086SP | SP |
| Reward SP (pending) | 0.000SP | SP |
| SBD | ||
| sbd_balance | 0.160SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
{
"balance": "0.006 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "11539.718343 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "0.000000 VESTS",
"sbd_balance": "0.160 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.000 SBD",
"conversions": []
}Account Info
| name | the.dude |
| id | 49946 |
| rank | 169,343 |
| reputation | 14121684056 |
| created | 2016-08-07T17:14:09 |
| recovery_account | steem |
| proxy | None |
| post_count | 136 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2019-06-17T11:31:39 |
| last_root_post | 2019-06-17T11:31:39 |
| last_vote_time | 2018-04-23T07:08:33 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 9,800 |
| delayed_votes | 0 |
| balance | 0.006 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.160 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 11539.718343 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 0.000000 VESTS |
| reward_vesting_balance | 0.000000 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 2018-04-08T18:50:30 |
| last_account_update | 2021-04-03T18:02:45 |
| mined | No |
| sbd_seconds | 92,964,468 |
| sbd_last_interest_payment | 2018-04-02T07:56:21 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"id": 49946,
"name": "the.dude",
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM59nc8EFVD8L5vGFJCRwACNyfz7g9FxKkmbrRtahAE9QUAiQsUJ",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6xbv3xqVgxeLxXwHPrXdwTrAasr9NsqFVfF5xhoJ7WN778XMRh",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM85VJNfKpep5ZPkzqJT7cYXERiFmtLqvf2jvHGe7vPEhNXWvLAy",
1
]
]
},
"memo_key": "STM87QyosgheXUEF5gHXZA6ezKTuzZPrHTxTMCqfQxhYjVxFj5kjk",
"json_metadata": "{\"profile\":{\"cover_image\":\"https://thedude.co.za/pro/wp-content/uploads/2015/06/eye_PNG6185.png\",\"name\":\"The.dude\",\"about\":\"the truth - Crypro future\",\"location\":\"earth\",\"website\":\"https://www.cybercafe.co.za\",\"profile_image\":\"http://thedude.co.za/pro/wp-content/uploads/2018/02/dl-2016-2xxx-Z.png\"}}",
"posting_json_metadata": "{\"profile\":{\"cover_image\":\"https://thedude.co.za/pro/wp-content/uploads/2015/06/eye_PNG6185.png\",\"name\":\"The.dude\",\"about\":\"the truth - Crypro future\",\"location\":\"earth\",\"website\":\"https://cybercafe.co.za\",\"profile_image\":\"http://thedude.co.za/pro/wp-content/uploads/2018/02/dl-2016-2xxx-Z.png\",\"version\":2}}",
"proxy": "",
"last_owner_update": "2018-04-08T18:50:30",
"last_account_update": "2021-04-03T18:02:45",
"created": "2016-08-07T17:14:09",
"mined": false,
"recovery_account": "steem",
"last_account_recovery": "1970-01-01T00:00:00",
"reset_account": "null",
"comment_count": 0,
"lifetime_vote_count": 0,
"post_count": 136,
"can_vote": true,
"voting_manabar": {
"current_mana": 9800,
"last_update_time": 1524467313
},
"downvote_manabar": {
"current_mana": 0,
"last_update_time": 1470590049
},
"voting_power": 9800,
"balance": "0.006 STEEM",
"savings_balance": "0.000 STEEM",
"sbd_balance": "0.160 SBD",
"sbd_seconds": "92964468",
"sbd_seconds_last_update": "2018-04-09T10:18:00",
"sbd_last_interest_payment": "2018-04-02T07:56:21",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"reward_sbd_balance": "0.000 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "0.000000 VESTS",
"reward_vesting_steem": "0.000 STEEM",
"vesting_shares": "11539.718343 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "0.000000 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"withdrawn": 0,
"to_withdraw": 0,
"withdraw_routes": 0,
"curation_rewards": 0,
"posting_rewards": 147,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"witnesses_voted_for": 0,
"last_post": "2019-06-17T11:31:39",
"last_root_post": "2019-06-17T11:31:39",
"last_vote_time": "2018-04-23T07:08:33",
"post_bandwidth": 19867,
"pending_claimed_accounts": 0,
"vesting_balance": "0.000 STEEM",
"reputation": "14121684056",
"transfer_history": [],
"market_history": [],
"post_history": [],
"vote_history": [],
"other_history": [],
"witness_votes": [],
"tags_usage": [],
"guest_bloggers": [],
"rank": 169343
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
the.dudeupdated their account properties2021/04/03 18:02:45
the.dudeupdated their account properties
2021/04/03 18:02:45
| account | the.dude |
| json metadata | |
| posting json metadata | {"profile":{"cover_image":"https://thedude.co.za/pro/wp-content/uploads/2015/06/eye_PNG6185.png","name":"The.dude","about":"the truth - Crypro future","location":"earth","website":"https://cybercafe.co.za","profile_image":"http://thedude.co.za/pro/wp-content/uploads/2018/02/dl-2016-2xxx-Z.png","version":2}} |
| extensions | [] |
| Transaction Info | Block #52572524/Trx d1697e2ba6f23cf58e954130cae19d9afc1c891f |
View Raw JSON Data
{
"trx_id": "d1697e2ba6f23cf58e954130cae19d9afc1c891f",
"block": 52572524,
"trx_in_block": 2,
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"timestamp": "2021-04-03T18:02:45",
"op": [
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"posting_json_metadata": "{\"profile\":{\"cover_image\":\"https://thedude.co.za/pro/wp-content/uploads/2015/06/eye_PNG6185.png\",\"name\":\"The.dude\",\"about\":\"the truth - Crypro future\",\"location\":\"earth\",\"website\":\"https://cybercafe.co.za\",\"profile_image\":\"http://thedude.co.za/pro/wp-content/uploads/2018/02/dl-2016-2xxx-Z.png\",\"version\":2}}",
"extensions": []
}
]
}crypto.piotrsent 0.001 STEEM to @the.dude- "Dear @the.dude. I hope you don't mind this little memo. Every week I'm trying to help and promote content published by few selected authors and today I would like to share with you post published by m..."2019/08/30 09:34:30
crypto.piotrsent 0.001 STEEM to @the.dude- "Dear @the.dude. I hope you don't mind this little memo. Every week I'm trying to help and promote content published by few selected authors and today I would like to share with you post published by m..."
2019/08/30 09:34:30
| from | crypto.piotr |
| to | the.dude |
| amount | 0.001 STEEM |
| memo | Dear @the.dude. I hope you don't mind this little memo. Every week I'm trying to help and promote content published by few selected authors and today I would like to share with you post published by my friend @honarparvar: "WARNING: This might not be a trend!". I'm curious if you believe in TA and what's your opinion on using indicators while trading crypto. Share your opinion, I read all valuable comments. Piotr // LINK: https://steemit.com/trading/@honarparvar/warning-this-might-not-be-a-trend |
| Transaction Info | Block #35996423/Trx 1296680fae95031ef4097f1d6609231cf259d121 |
View Raw JSON Data
{
"trx_id": "1296680fae95031ef4097f1d6609231cf259d121",
"block": 35996423,
"trx_in_block": 13,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-08-30T09:34:30",
"op": [
"transfer",
{
"from": "crypto.piotr",
"to": "the.dude",
"amount": "0.001 STEEM",
"memo": "Dear @the.dude. I hope you don't mind this little memo. Every week I'm trying to help and promote content published by few selected authors and today I would like to share with you post published by my friend @honarparvar: \"WARNING: This might not be a trend!\". I'm curious if you believe in TA and what's your opinion on using indicators while trading crypto. Share your opinion, I read all valuable comments. Piotr // LINK: https://steemit.com/trading/@honarparvar/warning-this-might-not-be-a-trend"
}
]
}2019/08/07 18:24:48
2019/08/07 18:24:48
| parent author | the.dude |
| parent permlink | collect-free-dogecoin-now |
| author | steemitboard |
| permlink | steemitboard-notify-thedude-20190807t182447000z |
| title | |
| body | Congratulations @the.dude! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@the.dude/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@the.dude) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=the.dude)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| Transaction Info | Block #35350893/Trx 448331077153d898e87dacddf638acef9d227b7e |
View Raw JSON Data
{
"trx_id": "448331077153d898e87dacddf638acef9d227b7e",
"block": 35350893,
"trx_in_block": 7,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-08-07T18:24:48",
"op": [
"comment",
{
"parent_author": "the.dude",
"parent_permlink": "collect-free-dogecoin-now",
"author": "steemitboard",
"permlink": "steemitboard-notify-thedude-20190807t182447000z",
"title": "",
"body": "Congratulations @the.dude! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@the.dude/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@the.dude) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=the.dude)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
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]
}the.dudepublished a new post: collect-free-dogecoin-now2019/06/17 11:31:39
the.dudepublished a new post: collect-free-dogecoin-now
2019/06/17 11:31:39
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | collect-free-dogecoin-now |
| title | Collect free Dogecoin Now |
| body | <html> <p>http://freedoge.co.in/?r=668827</p> <p>http://static1.freedoge.co.in/banners/728x90-3.png</p> </html> |
| json metadata | {"tags":["bitcoin","crypto","moon"],"image":["http://static1.freedoge.co.in/banners/728x90-3.png"],"links":["http://freedoge.co.in/?r=668827"],"app":"steemit/0.1","format":"html"} |
| Transaction Info | Block #33877229/Trx 5443c74e8a0bd5872a3edc5e73ddd63b1c8927a5 |
View Raw JSON Data
{
"trx_id": "5443c74e8a0bd5872a3edc5e73ddd63b1c8927a5",
"block": 33877229,
"trx_in_block": 29,
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"timestamp": "2019-06-17T11:31:39",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "bitcoin",
"author": "the.dude",
"permlink": "collect-free-dogecoin-now",
"title": "Collect free Dogecoin Now",
"body": "<html>\n<p>http://freedoge.co.in/?r=668827</p>\n<p>http://static1.freedoge.co.in/banners/728x90-3.png</p>\n</html>",
"json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"moon\"],\"image\":[\"http://static1.freedoge.co.in/banners/728x90-3.png\"],\"links\":[\"http://freedoge.co.in/?r=668827\"],\"app\":\"steemit/0.1\",\"format\":\"html\"}"
}
]
}the.dudepublished a new post: bitcoin-is-back2019/04/03 20:12:33
the.dudepublished a new post: bitcoin-is-back
2019/04/03 20:12:33
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | bitcoin-is-back |
| title | Bitcoin is back |
| body | Total crypto rise in effect...... That means fiat currencies like the USD are going to shudder again. THE BIG CRASH IS IMMINENT Long live crypto |
| json metadata | {"tags":["bitcoin","crypto","moon"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #31730871/Trx e9e6d60951c8686915e421f3e0dd3ce9971c3922 |
View Raw JSON Data
{
"trx_id": "e9e6d60951c8686915e421f3e0dd3ce9971c3922",
"block": 31730871,
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"timestamp": "2019-04-03T20:12:33",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "bitcoin",
"author": "the.dude",
"permlink": "bitcoin-is-back",
"title": "Bitcoin is back",
"body": "Total crypto rise in effect......\n\n\nThat means fiat currencies like the USD are going to shudder again.\n\n\nTHE BIG CRASH IS IMMINENT\n\nLong live crypto",
"json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"moon\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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]
}2019/03/17 19:53:36
2019/03/17 19:53:36
| from | dlease |
| to | the.dude |
| amount | 0.001 STEEM |
| memo | BuildTeam is proud to announce the release of DLease.io - our flagship P2P leasing marketplace app, aimed at assisting Steemians in leasing and delegating STEEM POWER for daily passive returns, with recent yields as high as 20% APR. DLease.io is a professional grade app , designed to replace the current MinnowBooster.net leasing market which has to date facilitated nearly 20 Million STEEM POWER in lease value to happy BuildTeam customers. View the new app at https://dlease.io/ or read the announcement post on https://steemit.com/@dlease. |
| Transaction Info | Block #31241177/Trx 3eeb56c4fcf385830dbd1253304c3ad678b80342 |
View Raw JSON Data
{
"trx_id": "3eeb56c4fcf385830dbd1253304c3ad678b80342",
"block": 31241177,
"trx_in_block": 10,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-03-17T19:53:36",
"op": [
"transfer",
{
"from": "dlease",
"to": "the.dude",
"amount": "0.001 STEEM",
"memo": "BuildTeam is proud to announce the release of DLease.io - our flagship P2P leasing marketplace app, aimed at assisting Steemians in leasing and delegating STEEM POWER for daily passive returns, with recent yields as high as 20% APR. DLease.io is a professional grade app , designed to replace the current MinnowBooster.net leasing market which has to date facilitated nearly 20 Million STEEM POWER in lease value to happy BuildTeam customers. View the new app at https://dlease.io/ or read the announcement post on https://steemit.com/@dlease."
}
]
}the.dudepublished a new post: you-will-never-kill-the-flat-earth2019/02/28 18:57:24
the.dudepublished a new post: you-will-never-kill-the-flat-earth
2019/02/28 18:57:24
| parent author | |
| parent permlink | flat |
| author | the.dude |
| permlink | you-will-never-kill-the-flat-earth |
| title | You will never kill the flat earth |
| body | You godless NPCs of the Globe priesthood just can't seem to put down the baby bottle. Your juvenile coping mechanism exposes you, your attachment to the big boy Binkie is merely a result of the frustration you're feeling knowing in that you will never possess the intellectual capacity to change our minds, and this never ending frustration leads to bitterness. All of you globe priests are exactly the same, at some point you decided you would compensate for your various shortcomings by studying up and becoming the so-called smartest guy in the room. But then flat earth happened and you realized that all those hours of self indoctrination were a complete waist of time. It was the biggest black pill you ever had to swallow, of course you little snowflakes are bitter. The question now, is how many six packs of pretentious hipster soy lager, are you little stooges going to have to chug before you can man up and take full ownership of your newfound position of intellectual inferiority. In all fairness I know there's no way you can honestly answer that question but don't worry I wouldn't expect you to, you are not emotionally secure enough for that kind of public introspection anyways. The reality is, you wannabes idolize us, people with minds like ours, step back and take a look, you're attacking us because we are the only ones capable of earnestly challenging the very foundations of your ridiculous reality, and we do it in ways you never could've dreamed of. That's why you can't leave us alone, you admire us, you are envious, you are addicted to us, you are technically our biggest fans. And not only that; you need the flat Earth, flat earth is literally putting food on some of you doe monkeys tables. You have become the true definition of parasites, you are nothing without flat earth. Everybody in the flat earth seen, on both sides of the fence knows it. This is by far the most interesting thing that has ever happen to you in your entire lives, and you resent us for it. Well guess what fuck boys, you are nothing but a bunch of ankle biter’s. Fruitlessly fighting against an inevitability, adding fuel to our already raging inferno of subversive cultural influence. You can never kill the flat earth,. you will never kill the flat earth. Therefore you lose, bottoms up babies. http://truth.flatearth.co.za/wp-content/uploads/2015/12/flat-earth-ZA-LOGO.png https://www.instagram.com/flat.earth/ http://truth.flatearth.co.za/ |
| json metadata | {"tags":["flat","earth","flatearth","truth"],"image":["http://truth.flatearth.co.za/wp-content/uploads/2015/12/flat-earth-ZA-LOGO.png"],"links":["https://www.instagram.com/flat.earth/","http://truth.flatearth.co.za/"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #30750813/Trx d701c335abb5b942459e12b9792dcea1b4817066 |
View Raw JSON Data
{
"trx_id": "d701c335abb5b942459e12b9792dcea1b4817066",
"block": 30750813,
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"timestamp": "2019-02-28T18:57:24",
"op": [
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{
"parent_author": "",
"parent_permlink": "flat",
"author": "the.dude",
"permlink": "you-will-never-kill-the-flat-earth",
"title": "You will never kill the flat earth",
"body": "You godless NPCs of the Globe priesthood just can't seem to put down the baby bottle. \nYour juvenile coping mechanism exposes you, your attachment to the big boy Binkie is merely a result of the frustration you're feeling knowing in that you will never possess the intellectual capacity to change our minds, and this never ending frustration leads to bitterness. All of you globe priests are exactly the same, at some point you decided you would compensate for your various shortcomings by studying up and becoming the so-called smartest guy in the room. But then flat earth happened and you realized that all those hours of self indoctrination were a complete waist of time. It was the biggest black pill you ever had to swallow, of course you little snowflakes are bitter. \nThe question now, is how many six packs of pretentious hipster soy lager, are you little stooges going to have to chug before you can man up and take full ownership of your newfound position of intellectual inferiority. \nIn all fairness I know there's no way you can honestly answer that question but don't worry I wouldn't expect you to, you are not emotionally secure enough for that kind of public introspection anyways.\n\nThe reality is, you wannabes idolize us, people with minds like ours, step back and take a look, you're attacking us because we are the only ones capable of earnestly challenging the very foundations of your ridiculous reality, and we do it in ways you never could've dreamed of.\n\nThat's why you can't leave us alone, you admire us, you are envious, you are addicted to us, you are technically our biggest fans.\nAnd not only that; you need the flat Earth, flat earth is literally putting food on some of you doe monkeys tables.\n\nYou have become the true definition of parasites, you are nothing without flat earth.\nEverybody in the flat earth seen, on both sides of the fence knows it.\nThis is by far the most interesting thing that has ever happen to you in your entire lives, and you resent us for it.\n\nWell guess what fuck boys, you are nothing but a bunch of ankle biter’s. Fruitlessly fighting against an inevitability, adding fuel to our already raging inferno of subversive cultural influence.\n\nYou can never kill the flat earth,. \n\nyou will never kill the flat earth.\n\n\nTherefore you lose, \n\nbottoms up babies.\n\nhttp://truth.flatearth.co.za/wp-content/uploads/2015/12/flat-earth-ZA-LOGO.png\n\n\nhttps://www.instagram.com/flat.earth/\n\nhttp://truth.flatearth.co.za/",
"json_metadata": "{\"tags\":[\"flat\",\"earth\",\"flatearth\",\"truth\"],\"image\":[\"http://truth.flatearth.co.za/wp-content/uploads/2015/12/flat-earth-ZA-LOGO.png\"],\"links\":[\"https://www.instagram.com/flat.earth/\",\"http://truth.flatearth.co.za/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}2018/08/07 19:19:45
2018/08/07 19:19:45
| parent author | the.dude |
| parent permlink | bitcoin-is-dead-the-blockchain-will-never-stop |
| author | steemitboard |
| permlink | steemitboard-notify-thedude-20180807t191945000z |
| title | |
| body | Congratulations @the.dude! You have received a personal award! [](http://steemitboard.com/@the.dude) 2 Years on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**! |
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}the.dudefollowed @dollarvigilante2018/07/21 07:19:27
the.dudefollowed @dollarvigilante
2018/07/21 07:19:27
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2018/07/09 05:23:12
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| permlink | re-thedude-watch-me-get-scammed-or-not-20180709t052309805z |
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| body | <a href="http://moviezland.com"><img src="https://i.imgur.com/CuJcc1K.gif" alt="https://i.imgur.com/CuJcc1K.gif" /></a> Watch online here ►►►►►►►►►►►►►►►►►►►►► Click here: ►► http://moviezland.com ◄◄ ►► http://moviezland.com ◄◄ ►► http://moviezland.com ◄◄ -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= Watch online here ►►►►►►►►►►►►►►►►►►►►► Click here: ►► http://moviezland.com ◄◄ ►► http://moviezland.com ◄◄ ►► http://moviezland.com ◄◄ -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= 91783 |
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}gopalsoniupvoted (100.00%) @the.dude / bitcoin-is-dead-the-blockchain-will-never-stop2018/06/17 10:33:09
gopalsoniupvoted (100.00%) @the.dude / bitcoin-is-dead-the-blockchain-will-never-stop
2018/06/17 10:33:09
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}magpieloverupvoted (100.00%) @the.dude / bitcoin-is-dead-the-blockchain-will-never-stop2018/06/17 10:32:06
magpieloverupvoted (100.00%) @the.dude / bitcoin-is-dead-the-blockchain-will-never-stop
2018/06/17 10:32:06
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}2018/06/17 09:57:30
2018/06/17 09:57:30
| parent author | the.dude |
| parent permlink | bitcoin-is-dead-the-blockchain-will-never-stop |
| author | cheetah |
| permlink | cheetah-re-the-dudebitcoin-is-dead-the-blockchain-will-never-stop |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://hackernoon.com/bitcoin-is-dead-the-blockchain-didnt-get-the-memo-c5b03d8dc8d7 |
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}cheetahupvoted (0.08%) @the.dude / bitcoin-is-dead-the-blockchain-will-never-stop2018/06/17 09:57:27
cheetahupvoted (0.08%) @the.dude / bitcoin-is-dead-the-blockchain-will-never-stop
2018/06/17 09:57:27
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}the.dudepublished a new post: bitcoin-is-dead-the-blockchain-will-never-stop2018/06/17 09:57:18
the.dudepublished a new post: bitcoin-is-dead-the-blockchain-will-never-stop
2018/06/17 09:57:18
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | bitcoin-is-dead-the-blockchain-will-never-stop |
| title | Bitcoin Is Dead? The Blockchain will never stop... |
| body | https://www.draglet.com/wp-content/uploads/2017/02/Private-Blockchain-1.png In 2018 alone, Bitcoin, according to at least twenty analysts, journalists and other “experts”, is either doomed, dying or dead. It has failed, they say, and has no future. In fact, since around 2011, it has died 249 times. Yet the Bitcoin Blockchain doesn’t know this. It is quietly and consistently collecting, compiling, and verifying transactions in its ledger, creating new blocks every ten minutes or so, practically non-stop. It has an uptime of 99.992044937 % since its inception in January 3rd, 2009, to be exact. By the time I finish this article, it would have issued new bitcoins as a reward to the miners who added the latest block, just as it has done since 2009 without fail. Ten minutes after the price of Bitcoin “crashed” to $8,500 (as of this writing), it also added a new block to the chain and it will keep doing so until, well, until it doesn’t. Transactions were made, bitcoins were sent, bitcoins were received. The Blockchain doesn’t care. There is no plug to pull. It has no feelings. But every ten minutes, it takes a step forward. Every ten minutes, it increases its value and the strength of its network. No person or institution can stop this. Every ten minutes, it trudges forward. Every ten minutes, the ledger is verified and updated. It does what it set out to do, no more, no less. As Bitcoin and the Blockchain moves forward, so does the industry behind it. Thousands of developers, entrepreneurs, investors, and users are building it as I write this. Transactions, hash rate, price, users, wallets, exchanges, developments — on all of these fronts, Bitcoin software continues to accelerate. [Lightning](https://decentralize.today/struck-by-lightning-bitcoins-true-killer-app-491092574cd8), [Segwit](https://bitcoinmagazine.com/articles/keep-eye-out-these-bitcoins-tech-trends-2018/), Schnorr, TumbleBit, MimbleWimble, and more are being developed by the best engineers in the world to make the network scaleable for global commerce. The Bitcoin Blockchain doesn’t care about the price of a Bitcoin or what the media says about it— there is work to do now, and every ten minutes thereafter, for as long as it is running. Until it actually stops, then it hasn’t. It just keeps moving forward, one block at a time. https://www.draglet.com/wp-content/uploads/2017/02/Private-Blockchain-1.png |
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}ubgupvoted (1.00%) @the.dude / female-cryptocurrency-traders-are-few-come-on-lady-s2018/05/14 08:37:03
ubgupvoted (1.00%) @the.dude / female-cryptocurrency-traders-are-few-come-on-lady-s
2018/05/14 08:37:03
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}coin.infoupvoted (6.94%) @the.dude / female-cryptocurrency-traders-are-few-come-on-lady-s2018/05/14 06:51:36
coin.infoupvoted (6.94%) @the.dude / female-cryptocurrency-traders-are-few-come-on-lady-s
2018/05/14 06:51:36
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}2018/05/14 06:51:33
2018/05/14 06:51:33
| parent author | the.dude |
| parent permlink | female-cryptocurrency-traders-are-few-come-on-lady-s |
| author | coin.info |
| permlink | re-thedude-female-cryptocurrency-traders-are-few-come-on-lady-s-20180514t065131490z |
| title | |
| body | **Coins mentioned in post:** Coin | | Price (USD) | 📉 24h | 📉 7d - | - | - | - | - **BCH** | Bitcoin Cash | 1399.440$ | _-3.0%_ | _-14.95%_ **BTC** | Bitcoin | 8443.030$ | _-0.17%_ | _-9.8%_ **ETC** | Ethereum Classic | 17.855$ | _-1.99%_ | _-25.59%_ **LTC** | Litecoin | 137.856$ | _-1.34%_ | _-16.01%_ **XRP** | Ripple | 0.728$ | _5.39%_ | _-12.21%_ |
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"body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📉 24h | 📉 7d\n- | - | - | - | -\n**BCH** | Bitcoin Cash | 1399.440$ | _-3.0%_ | _-14.95%_\n**BTC** | Bitcoin | 8443.030$ | _-0.17%_ | _-9.8%_\n**ETC** | Ethereum Classic | 17.855$ | _-1.99%_ | _-25.59%_\n**LTC** | Litecoin | 137.856$ | _-1.34%_ | _-16.01%_\n**XRP** | Ripple | 0.728$ | _5.39%_ | _-12.21%_",
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}2018/05/14 06:36:24
2018/05/14 06:36:24
| parent author | the.dude |
| parent permlink | female-cryptocurrency-traders-are-few-come-on-lady-s |
| author | cheetah |
| permlink | cheetah-re-the-dudefemale-cryptocurrency-traders-are-few-come-on-lady-s |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://news.bitcoin.com/only-8-5-of-bitcoin-and-cryptocurrency-traders-are-female/ |
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}cheetahupvoted (0.08%) @the.dude / female-cryptocurrency-traders-are-few-come-on-lady-s2018/05/14 06:36:09
cheetahupvoted (0.08%) @the.dude / female-cryptocurrency-traders-are-few-come-on-lady-s
2018/05/14 06:36:09
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}the.dudepublished a new post: female-cryptocurrency-traders-are-few-come-on-lady-s2018/05/14 06:35:36
the.dudepublished a new post: female-cryptocurrency-traders-are-few-come-on-lady-s
2018/05/14 06:35:36
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | female-cryptocurrency-traders-are-few-come-on-lady-s |
| title | Female Cryptocurrency Traders are few.... Come on lady's.... |
| body | https://news.bitcoin.com/wp-content/uploads/2018/05/Female-Trader.jpg A new demographic analysis of people trading in cryptocurrencies has brought up some intriguing results such as that only very few are female, most have little to no previous experience, and many are students or working in sales and marketing roles. # Understanding Trading Demographics Market analysts for the social investing network and multi-asset brokerage, Etoro, have conducted a research of their vast user base to help the company better understand exactly who are bitcoin and cryptocurrency investors. Looking at data from March 2017 to February 2018, they surveyed the public profiles of those investing in cryptocurrencies using their systems, and extracted demographic insights from age to gender to job sector. One interesting point emerging from the data is that an absolute majority of traders are new in the business with regards to having any investing experience. A whopping 81.96% are at the Novice level, 10.66% are defined as Intermediate level, and just 7.38% qualify as having an Advanced level of experience in the market. Looking at the breakdown by occupation, it’s not surprising to see people working in the computer and IT services strongly represented at 15.05%, as well as the finance industry at 8.48%. Less expected is the high share of people working at sales and marketing involved in cryptocurrency trading at 14.49%. Additionally, about 30% of cryptocurrency traders are currently out of the job market, with 13.85% being students, 2.06% retired, and 14.74% just having no job. https://news.bitcoin.com/wp-content/uploads/2018/05/eToro1.jpg # Crypto Gender Imbalance One demographic issue that keeps coming up with relation to cryptocurrency developers is the lack of female representation, and the same statistics seem to be true for traders. In fact, the data shows that less than a tenth of crypto traders are women, with just 8.5% market share compared with men’s 91.5%. While there could be other factors at play, bitcoin is located at the intersection of technology and finance, both fields that suffer from a severe gender imbalance, so the results are not all that surprising in that context. https://news.bitcoin.com/wp-content/uploads/2018/05/eToro4.jpg Interestingly, the research also revealed that there are differences between the cryptocurrencies men and women prefer to trade, other than BTC which has 0% gender difference. It appears that Ripple’s XRP skews strongly into the female side, while ETC, BCH and LTC are firmly in male territory. In a note to investors, Senior Market Analyst at Etoro Mati Greenspan, summarized it all with a clear “Women Love ripple.” Earlier this year, Etoro was among seven leading cryptocurrency companies operating in the UK that formed an independent trade body tasked with developing self-regulatory standards for the cryptocurrency industry and engaging policymakers. The other founding members of Crypto UK are Coinbase, Cex.io, Blockex, Commerceblock, Coinshares, and Cryptocompare. **How cloud the bitcoin community attract more female users? Share your thoughts in the comments section below.** |
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}2018/05/11 08:37:54
2018/05/11 08:37:54
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| parent permlink | cryptos-are-crashing-hard |
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| permlink | re-thedude-cryptos-are-crashing-hard-20180511t083748764z |
| title | |
| body | Alas, this crash is temporary... |
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}mendenaupvoted (100.00%) @the.dude / cryptos-are-crashing-hard2018/05/11 07:55:36
mendenaupvoted (100.00%) @the.dude / cryptos-are-crashing-hard
2018/05/11 07:55:36
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}the.dudepublished a new post: cryptos-are-crashing-hard2018/05/11 07:55:27
the.dudepublished a new post: cryptos-are-crashing-hard
2018/05/11 07:55:27
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | cryptos-are-crashing-hard |
| title | Cryptos are crashing hard.... |
| body | http://energyandgold.com/wp-content/uploads/2018/01/Crypto-Market-Crash.jpg In the past our all major cryptocurrency's are down, down, down, Whats going on? any thoughts ? |
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"body": "http://energyandgold.com/wp-content/uploads/2018/01/Crypto-Market-Crash.jpg\n\nIn the past our all major cryptocurrency's are down, down, down,\n\n\n\nWhats going on?\n\nany thoughts ?",
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}yadyasirupvoted (100.00%) @the.dude / coincheck-resumes-monero-withdrawals-and-sales2018/05/08 08:18:03
yadyasirupvoted (100.00%) @the.dude / coincheck-resumes-monero-withdrawals-and-sales
2018/05/08 08:18:03
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}2018/05/08 08:17:51
2018/05/08 08:17:51
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| parent permlink | coincheck-resumes-monero-withdrawals-and-sales |
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| permlink | cheetah-re-the-dudecoincheck-resumes-monero-withdrawals-and-sales |
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| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://news.bitcoin.com/coincheck-resumes-monero-withdrawals-and-sales/ |
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}cheetahupvoted (0.08%) @the.dude / coincheck-resumes-monero-withdrawals-and-sales2018/05/08 08:17:42
cheetahupvoted (0.08%) @the.dude / coincheck-resumes-monero-withdrawals-and-sales
2018/05/08 08:17:42
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}the.dudepublished a new post: coincheck-resumes-monero-withdrawals-and-sales2018/05/08 08:17:30
the.dudepublished a new post: coincheck-resumes-monero-withdrawals-and-sales
2018/05/08 08:17:30
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | coincheck-resumes-monero-withdrawals-and-sales |
| title | Coincheck Resumes Monero Withdrawals and Sales |
| body | https://news.bitcoin.com/wp-content/uploads/2018/05/shutterstock_1028722276_1600.jpg Japanese exchange Coincheck has announced partial resumption of operations with Monero. Its clients will be able to withdraw and sell XMR, but purchases are still unavailable. All previous requests for transactions have been canceled and users will have to initiate new transfers. They will be required to confirm the destination address, and state the purpose of each transaction. # Identity Verification Introduced Hacked Japanese exchange Coincheck has announced it is partially resuming operations with the privacy coin Monero. Withdraws and sales of XMR will be available to its users, but not purchases. According to a notice published on its website on Monday, new procedures have been introduced to ensure security for the traders. All previous requests for transactions have been canceled and users will have to initiate new transfers. They will also be required to confirm the destination address, and state the reason for each transaction in a dedicated field. The system will automatically request confirmation for the information associated with every transaction. Another security feature that has been introduced by the platform is the mandatory identity verification for users sending funds in any cryptocurrency or Japanese yen. The initial verification process may take up to several days, Coincheck informs its customers, asking for their understanding. When sending/selling XMR, traders will be prompted to confirm the information they have provided with their registration. Any change to the details has to be verified before a crypto withdrawal can be processed. A confirmation screen will be displayed during the first transaction request after the resumption of the operations with Monero. The purpose of the remittance should be stated. # Price Fluctuations May Triger Suspension of Trade Coincheck warns that due to the expected traffic its clients may face difficulties when trying to connect to the platform’s servers. The exchange also notes that if the trading volume increases rapidly, or if any unforeseen problems occur, it may temporarily or even permanently suspend trading at its own discretion. The same could happen “automatically” in case of sudden price fluctuations. In the press release, Coincheck apologizes again for the suspension of its services following the attack on the platform in January. The Japanese exchange lost some ¥58 billion worth of NEM (~$550 million USD at the time) in one of the biggest hacks in crypto history. According to cybersecurity experts quoted by the Japanese press, half of the XEM coins have been laundered already on the darknet. In March, the NEM Foundation announced it would no longer track the stolen cryptos. Customers who lost funds have been compensated in yen. Implementing measures to recover from the heist, Coincheck was expected to drop three cryptocurrencies providing high levels of anonymity – Monero, Zcash, and Dash. According to sources quoted by the Japan Times, the exchange has recognized the risks associated with these coins that can potentially facilitate money laundering. It has been previously criticized by regulators for its policies allowing traders to remain anonymous. According to some recent reports, Japan’s Financial Services Agency has been urging trading platforms to delist privacy coins. Coincheck insists that it has taken adequate steps to maintain security and prevent money laundering and terrorism financing. It also says that it will resume trading gradually, giving priority to the protection of the assets of its customers. The cryptocurrency trading platform is operated by Coin Check Co., Ltd. On April 16 the company became a subsidiary of Monex Group, a large Japanese online brokerage firm. Toshihiko Katsuya, Former Chief Operating Officer of Monex Group, now serves as President and CEO of Coin Check Co. |
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}adface417upvoted (50.00%) @the.dude / do-crypto-trading-bots-really-work-got-bots2018/04/23 07:35:00
adface417upvoted (50.00%) @the.dude / do-crypto-trading-bots-really-work-got-bots
2018/04/23 07:35:00
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}2018/04/23 07:08:51
2018/04/23 07:08:51
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| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://www.bitcoininsider.org/article/24443/do-crypto-trading-bots-really-work |
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}cheetahupvoted (0.08%) @the.dude / do-crypto-trading-bots-really-work-got-bots2018/04/23 07:08:45
cheetahupvoted (0.08%) @the.dude / do-crypto-trading-bots-really-work-got-bots
2018/04/23 07:08:45
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}the.dudeupvoted (100.00%) @the.dude / do-crypto-trading-bots-really-work-got-bots2018/04/23 07:08:33
the.dudeupvoted (100.00%) @the.dude / do-crypto-trading-bots-really-work-got-bots
2018/04/23 07:08:33
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the.dudepublished a new post: do-crypto-trading-bots-really-work-got-bots
2018/04/23 07:08:33
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | do-crypto-trading-bots-really-work-got-bots |
| title | Do Crypto Trading Bots Really Work? Got Bots? |
| body | https://news.bitcoin.com/wp-content/uploads/2018/04/bitcoin-trading-bot.jpg Bots and talk of bots is endemic within the crypto space, with behavior, good and bad, often attributed to their actions. Mt Gox famously had the Willy Bot manipulating merrily, perennial bear Bitfinexed sees bots everywhere, and crypto traders are prone to boasting about the sick returns they’ve raked in from their proprietary arb bots. There’s no doubt that bot activity is very real. But is it profitable? # Got Bots? Do Crypto Trading Bots Really Work?In the 1950s, robots were promised that would soon eliminate the daily chores of housewives across the globe. 60 years later, and their cyber counterparts – bots – are promised that will do the same for crypto traders. If the hype is to be believed, these bundles of code can deliver a passive income for even the laziest or dumbest of traders. But as almost everyone knows, the hype is never to be believed. Profiting from bots isn’t that simple or easy. There are several types of trading bots available including arbitrage (arb) bots that capitalize on the difference in prices across exchanges. The price of bitcoin usually differs from exchange to exchange; Bitstamp, for example, typically displays a slightly lower price than Bittrex. The movements of bitcoin and other cryptocurrencies is always mirrored across exchanges, however, so if BTC breaks out due to a massive buy order on Binance, you can bet that the other exchanges will follow suit. Bots work by profiting from the delay it takes for prices to update across all exchanges. # How Profitable Are Bots? To make any sort of tangible profit from bot trading, you ideally need a stack of crypto to start with. If you’re running a bitcoin arb bot, for example, you’ll need BTC deposited on multiple exchanges that are connected to your bot via API. And even if you do have a healthy spread of coins, the returns can be slight. Romano – Viacoin developer and well-known crypto trader – claims the Hass bot he uses can make “0.26 BTC ($2K) a day by using 9 BTC for example just by using market inefficiencies” before adding that he doesn’t use the market maker bot that comes with Hass and cautioning that it’s “only for skilled traders”. https://news.bitcoin.com/wp-content/uploads/2018/04/haas-bot.jpg Haas Arb trading can be likened to playing online poker. If you’re good at setting up your bots, you can make a living off it, but you’ve got to grind it out. Crypto trading bots are reminiscent of those money-making Forex programs that you find “veteran traders” trying to flog. If those Forex guys are as rich and successful as they profess to be, wouldn’t they be better served keeping that esoteric knowledge to themselves rather than offloading it to the masses for $100 a month? In other words, beware of geeks bearing bots. # Examples of Trading Bots Do Crypto Trading Bots Really Work?A slew of tokenized projects has emerged that promise “algorithmically-based smarter trading delivered via AI and machine learning” or words to that effect. These systems also utilize bots, but their claims of profitability have yet to be proven. If one of these new platforms were to deliver the goods and provide consistently high returns, crypto traders would flock to it, which simply hasn’t happened. There is no doubt that machine learning has the potential to yield more profitable trading, but there is also no doubt that a lot of the claims attributed to AI should be filed under As If. These are the most popular crypto bots on the market (and should only be tried at your own risk): * [Haasbot](https://www.haasonline.com/) allows for automated trading across all major bitcoin exchanges, with monthly subscriptions starting from .073 BTC * [Profit Trailer](https://profittrailer.com/) allows you to average down on coins you buy into using bots, although there’s no guarantee that doing so will lead to eventual profit. It starts at $35 p/m * [Cryptohopper](https://www.cryptohopper.com/) is a cloud-based trading bot that starts from $19 per month. * [Gekko](https://gekko.wizb.it/) is free and open source but you need to tell it what to do and thus it’s only as smart as you are. * [Cryptotrader](https://cryptotrader.org/) also needs to be programmed and starts from .0048 BTC for a Pro account (Basic is cheaper but too basic) **Others, such as** * **BTC Robot**, are so spammy and scammy that we’re not even going to provide a link. For traders seeking a passive income or “easy money” there really is none to be had. The reality is that bots are trading tools rather than workhorses that will set up and execute winning trades on your behalf. In using bots, you also leave yourself open to the possibility of scammy developers or flash crashes, either of which can liquidate your crypto. As [one redditor](https://www.reddit.com/r/BitcoinMarkets/comments/7uu4g4/does_anyone_use_a_crypto_trading_bot_if_so_do/) put it: > To see returns you have to be comfortably profitable already and be familiar with different strategies. The conditions for profitability are moving targets so bot trading isn’t really a ‘set it and forget it’ type of operation. # Bot or Not? It is safe to say that the best bots are the ones you never hear about and will never be offered. Because if everyone was using these bots, the trading edge they bestow would be eliminated due to arbing and other opportunities being eliminated. If you’re interested in putting a trading bot to the test, by all means give it a try with some spare satoshis or shitcoins. Be sceptical though of anyone touting a bot delivering guaranteed returns, and be especially sceptical of the profits crypto traders claim to have made with their aid. https://news.bitcoin.com/wp-content/uploads/2018/04/robot-trader.jpg At least the creator of the open source Zenbot is honest enough to concede it “is having trouble reliably making profit. At this point, I would recommend against trading with large amounts until some of these issues can be worked out”. Even if you can find a system that delivers modest returns, you may wish to ask yourself this: What would you rather have – a bot that can turn 5 BTC into 5.1 BTC every week or the freedom of having 5 BTC free to invest in a simple day trading strategy? Bots can do a lot, but as it stands, they can’t factor in fundamental analysis, breaking news, insider knowledge and the myriad other factors that make markets move. **If you want a job done profitably, do it yourself.** [cybercafe](https://cybercafe.co.za) https://cybercafe.co.za/pro/wp-content/uploads/2018/03/Cybercafe-2018x.png |
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"body": "https://news.bitcoin.com/wp-content/uploads/2018/04/bitcoin-trading-bot.jpg\n\nBots and talk of bots is endemic within the crypto space, with behavior, good and bad, often attributed to their actions. Mt Gox famously had the Willy Bot manipulating merrily, perennial bear Bitfinexed sees bots everywhere, and crypto traders are prone to boasting about the sick returns they’ve raked in from their proprietary arb bots. There’s no doubt that bot activity is very real. But is it profitable?\n\n\n# Got Bots?\nDo Crypto Trading Bots Really Work?In the 1950s, robots were promised that would soon eliminate the daily chores of housewives across the globe. 60 years later, and their cyber counterparts – bots – are promised that will do the same for crypto traders. If the hype is to be believed, these bundles of code can deliver a passive income for even the laziest or dumbest of traders. But as almost everyone knows, the hype is never to be believed. Profiting from bots isn’t that simple or easy.\n\nThere are several types of trading bots available including arbitrage (arb) bots that capitalize on the difference in prices across exchanges. The price of bitcoin usually differs from exchange to exchange; Bitstamp, for example, typically displays a slightly lower price than Bittrex. The movements of bitcoin and other cryptocurrencies is always mirrored across exchanges, however, so if BTC breaks out due to a massive buy order on Binance, you can bet that the other exchanges will follow suit. Bots work by profiting from the delay it takes for prices to update across all exchanges.\n\n# How Profitable Are Bots?\nTo make any sort of tangible profit from bot trading, you ideally need a stack of crypto to start with. If you’re running a bitcoin arb bot, for example, you’ll need BTC deposited on multiple exchanges that are connected to your bot via API. And even if you do have a healthy spread of coins, the returns can be slight. Romano – Viacoin developer and well-known crypto trader – claims the Hass bot he uses can make “0.26 BTC ($2K) a day by using 9 BTC for example just by using market inefficiencies” before adding that he doesn’t use the market maker bot that comes with Hass and cautioning that it’s “only for skilled traders”.\n\nhttps://news.bitcoin.com/wp-content/uploads/2018/04/haas-bot.jpg\nHaas\nArb trading can be likened to playing online poker. If you’re good at setting up your bots, you can make a living off it, but you’ve got to grind it out. Crypto trading bots are reminiscent of those money-making Forex programs that you find “veteran traders” trying to flog. If those Forex guys are as rich and successful as they profess to be, wouldn’t they be better served keeping that esoteric knowledge to themselves rather than offloading it to the masses for $100 a month? In other words, beware of geeks bearing bots.\n\n# Examples of Trading Bots\nDo Crypto Trading Bots Really Work?A slew of tokenized projects has emerged that promise “algorithmically-based smarter trading delivered via AI and machine learning” or words to that effect. These systems also utilize bots, but their claims of profitability have yet to be proven. If one of these new platforms were to deliver the goods and provide consistently high returns, crypto traders would flock to it, which simply hasn’t happened.\n\nThere is no doubt that machine learning has the potential to yield more profitable trading, but there is also no doubt that a lot of the claims attributed to AI should be filed under As If.\n\nThese are the most popular crypto bots on the market (and should only be tried at your own risk):\n\n* [Haasbot](https://www.haasonline.com/) allows for automated trading across all major bitcoin exchanges, with monthly subscriptions starting from .073 BTC\n\n* [Profit Trailer](https://profittrailer.com/) allows you to average down on coins you buy into using bots, although there’s no guarantee that doing so will lead to eventual profit. It starts at $35 p/m\n\n* [Cryptohopper](https://www.cryptohopper.com/) is a cloud-based trading bot that starts from $19 per month.\n\n* [Gekko](https://gekko.wizb.it/) is free and open source but you need to tell it what to do and thus it’s only as smart as you are.\n\n* [Cryptotrader](https://cryptotrader.org/) also needs to be programmed and starts from .0048 BTC for a Pro account (Basic is cheaper but too basic)\n\n**Others, such as** \n* **BTC Robot**, are so spammy and scammy that we’re not even going to provide a link. For traders seeking a passive income or “easy money” there really is none to be had. The reality is that bots are trading tools rather than workhorses that will set up and execute winning trades on your behalf. In using bots, you also leave yourself open to the possibility of scammy developers or flash crashes, either of which can liquidate your crypto. As [one redditor](https://www.reddit.com/r/BitcoinMarkets/comments/7uu4g4/does_anyone_use_a_crypto_trading_bot_if_so_do/) put it:\n\n> To see returns you have to be comfortably profitable already and be familiar with different strategies. The conditions for profitability are moving targets so bot trading isn’t really a ‘set it and forget it’ type of operation.\n\n# Bot or Not?\nIt is safe to say that the best bots are the ones you never hear about and will never be offered. Because if everyone was using these bots, the trading edge they bestow would be eliminated due to arbing and other opportunities being eliminated. If you’re interested in putting a trading bot to the test, by all means give it a try with some spare satoshis or shitcoins. Be sceptical though of anyone touting a bot delivering guaranteed returns, and be especially sceptical of the profits crypto traders claim to have made with their aid.\n\nhttps://news.bitcoin.com/wp-content/uploads/2018/04/robot-trader.jpg\n\nAt least the creator of the open source Zenbot is honest enough to concede it “is having trouble reliably making profit. At this point, I would recommend against trading with large amounts until some of these issues can be worked out”.\n\nEven if you can find a system that delivers modest returns, you may wish to ask yourself this: What would you rather have – a bot that can turn 5 BTC into 5.1 BTC every week or the freedom of having 5 BTC free to invest in a simple day trading strategy? Bots can do a lot, but as it stands, they can’t factor in fundamental analysis, breaking news, insider knowledge and the myriad other factors that make markets move.\n\n **If you want a job done profitably, do it yourself.**\n\n\n[cybercafe](https://cybercafe.co.za)\nhttps://cybercafe.co.za/pro/wp-content/uploads/2018/03/Cybercafe-2018x.png",
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}anttonkravceupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons2018/04/22 15:54:00
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}livochkinupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons2018/04/22 15:53:57
livochkinupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons
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}madaminova1kupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons2018/04/22 15:53:33
madaminova1kupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons
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}maksimuksupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons2018/04/22 15:53:27
maksimuksupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons
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}lockoutupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons2018/04/22 07:50:54
lockoutupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons
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}the.dudeupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons2018/04/22 07:30:27
the.dudeupvoted (100.00%) @the.dude / two-bitcoin-cash-hackathons
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the.dudepublished a new post: two-bitcoin-cash-hackathons
2018/04/22 07:30:27
| parent author | |
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| author | the.dude |
| permlink | two-bitcoin-cash-hackathons |
| title | Two Bitcoin Cash Hackathons |
| body | https://news.bitcoin.com/wp-content/uploads/2018/04/BCHDEVHacka.jpg Emerging Platforms Need a Framework Which Encapsulates Everything the Platform Offers Bitbox Project Hosts Two Bitcoin Cash Hackathons : On April 21, and on May 15 the same day as the upcoming BCH hard fork, the open source toolkit project, Bitbox, plans to host two hackathons. Developer Carlos Cardona explains to news.Bitcoin.com that Bitbox is a suite of tools that can supercharge a developer’s BCH workflow. “It consists of a one-click Bitcoin Cash blockchain, command line utility, and a javascript API which lets you accelerate how quickly you can create an amazing application,” Cardona details. Emerging platforms need a framework which encapsulates everything the platform offers into a suite of building blocks for developers — Bitbox is the toolset which lets you build Bitcoin Cash apps 10x faster. In Cardona’s opinion, the greatest opportunity in the entire space is to empower developers and accelerate their workflow. “If we do that right we can set off the entire industry,” the developer explains to [cybercafe.co.za](cybercafe.co.za) https://news.bitcoin.com/wp-content/uploads/2018/04/blockchain.png Bitbox Project Hosts Two Bitcoin Cash Hackathons **The Bitbox toolset.** Two Hackathons and One Very Special Upgrade On Saturday, April 21st the hackathon will be about networking, setting up development environments and on-ramping devs to the Bitbox workflow,” Cardona explains. May 15th is a huge opportunity to galvanize the BCH dev community as this event will get a ton of worldwide press. A lot of creative energy which has been pent-up since before the fork can begin to channel in a productive way — BCH can start to differentiate itself. The Tuesday, May 15th hackathon will be about showcasing the new features of BCH including the 32 MB block size limit increase, new and reactivated OP codes (which Cardona has already enabled in Bitbox) and larger OP_RETURN data size. There is currently a total of two BCH in prizes for each event. One BCH for first place and 0.5 BCH for second place and 0.25 BCH each for two runners-up. >“The Bitbox toolset is general purpose,” Cardona tells news.Bitcoin.com. “If your app needs any type of BCH integration at all from entropy and mnemonics to transactions to signing messages and much more, BITBOX is the solution. We have scaffolds for react, angular, nextjs and nodejs which let you bootstrap a basic BIP44 wallet in any of those frameworks in under a minute to help get people up and going.” # Some BCH application/platform ideas: New transaction types. We have new OP codes. What can we do with them? Mobile app for the MemoBCH Protocol. The code is already written for reading/writing to the chain per the MemoBCH protocol. Wallets. Paper wallet generator. Online digital wallets. Games Donation apps More developer tools. For instance, it would be helpful to have a web GUI for the entire BCH JSON RPC similar to this. Bitbox Project Hosts Two Bitcoin Cash Hackathons The Birth of an Entire Industry The Bitbox developer says that it’s his intention to showcase all of the Bitbox features as well as additional functionality after the May 15th upgrade. “The BCH toolset has app scaffolds, a paper wallet generator and console with the entire API of dozens of utility methods built in — And already supports the new OP codes and blogs posts are incoming with instructions on how to write custom scripts,” Cardona notes. https://news.bitcoin.com/wp-content/uploads/2018/04/Hackaszz-1068x598.jpg The pace of innovation on the Bitcoin Cash chain is light speed. Each week we’re seeing apps launch which push the boundaries of blockchain technology — The entire industry looks completely different than just three months ago — Imagine where we’ll be in three months. I like to look around and appreciate that I’m witnessing the birth of an entire industry. This is an incredibly special time and I’m stoked to share it with everyone involved. What do you think about the Bitbox bitcoin cash infused hackathons on April 21 and May 15? Are you excited that developers are about to get new Op codes that may help them deliver awesome applications for BCH? Let us know what you think about these hackathons in the comments below. [cybercafe.co.za](cybercafe.co.za) |
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"body": "https://news.bitcoin.com/wp-content/uploads/2018/04/BCHDEVHacka.jpg\n\nEmerging Platforms Need a Framework Which Encapsulates Everything the Platform Offers\nBitbox Project Hosts Two Bitcoin Cash Hackathons : On April 21, and on May 15 the same day as the upcoming BCH hard fork, the open source toolkit project, Bitbox, plans to host two hackathons. Developer Carlos Cardona explains to news.Bitcoin.com that Bitbox is a suite of tools that can supercharge a developer’s BCH workflow. “It consists of a one-click Bitcoin Cash blockchain, command line utility, and a javascript API which lets you accelerate how quickly you can create an amazing application,” Cardona details.\n\nEmerging platforms need a framework which encapsulates everything the platform offers into a suite of building blocks for developers — Bitbox is the toolset which lets you build Bitcoin Cash apps 10x faster.\n\nIn Cardona’s opinion, the greatest opportunity in the entire space is to empower developers and accelerate their workflow. “If we do that right we can set off the entire industry,” the developer explains to [cybercafe.co.za](cybercafe.co.za)\n\nhttps://news.bitcoin.com/wp-content/uploads/2018/04/blockchain.png\n\nBitbox Project Hosts Two Bitcoin Cash Hackathons\n**The Bitbox toolset.**\nTwo Hackathons and One Very Special Upgrade\nOn Saturday, April 21st the hackathon will be about networking, setting up development environments and on-ramping devs to the Bitbox workflow,” Cardona explains.\n\nMay 15th is a huge opportunity to galvanize the BCH dev community as this event will get a ton of worldwide press. A lot of creative energy which has been pent-up since before the fork can begin to channel in a productive way — BCH can start to differentiate itself.\n\nThe Tuesday, May 15th hackathon will be about showcasing the new features of BCH including the 32 MB block size limit increase, new and reactivated OP codes (which Cardona has already enabled in Bitbox) and larger OP_RETURN data size. There is currently a total of two BCH in prizes for each event. One BCH for first place and 0.5 BCH for second place and 0.25 BCH each for two runners-up. \n\n>“The Bitbox toolset is general purpose,” Cardona tells news.Bitcoin.com. “If your app needs any type of BCH integration at all from entropy and mnemonics to transactions to signing messages and much more, BITBOX is the solution. We have scaffolds for react, angular, nextjs and nodejs which let you bootstrap a basic BIP44 wallet in any of those frameworks in under a minute to help get people up and going.”\n\n# Some BCH application/platform ideas:\n\nNew transaction types. We have new OP codes. What can we do with them?\nMobile app for the MemoBCH Protocol. The code is already written for reading/writing to the chain per the MemoBCH protocol.\nWallets. Paper wallet generator. Online digital wallets.\nGames\nDonation apps\nMore developer tools. For instance, it would be helpful to have a web GUI for the entire BCH JSON RPC similar to this.\nBitbox Project Hosts Two Bitcoin Cash Hackathons\nThe Birth of an Entire Industry\nThe Bitbox developer says that it’s his intention to showcase all of the Bitbox features as well as additional functionality after the May 15th upgrade. “The BCH toolset has app scaffolds, a paper wallet generator and console with the entire API of dozens of utility methods built in — And already supports the new OP codes and blogs posts are incoming with instructions on how to write custom scripts,” Cardona notes.\n\nhttps://news.bitcoin.com/wp-content/uploads/2018/04/Hackaszz-1068x598.jpg\n\nThe pace of innovation on the Bitcoin Cash chain is light speed. Each week we’re seeing apps launch which push the boundaries of blockchain technology — The entire industry looks completely different than just three months ago — Imagine where we’ll be in three months. I like to look around and appreciate that I’m witnessing the birth of an entire industry. This is an incredibly special time and I’m stoked to share it with everyone involved. \n\nWhat do you think about the Bitbox bitcoin cash infused hackathons on April 21 and May 15? Are you excited that developers are about to get new Op codes that may help them deliver awesome applications for BCH? Let us know what you think about these hackathons in the comments below.\n\n[cybercafe.co.za](cybercafe.co.za)",
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}arthurjnrupvoted (100.00%) @the.dude / bullish-outlook-on-cryptocurrencies2018/04/22 07:26:57
arthurjnrupvoted (100.00%) @the.dude / bullish-outlook-on-cryptocurrencies
2018/04/22 07:26:57
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}ax3upvoted (1.00%) @the.dude / bullish-outlook-on-cryptocurrencies2018/04/22 07:25:18
ax3upvoted (1.00%) @the.dude / bullish-outlook-on-cryptocurrencies
2018/04/22 07:25:18
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}the.dudeupvoted (100.00%) @the.dude / bullish-outlook-on-cryptocurrencies2018/04/22 07:25:09
the.dudeupvoted (100.00%) @the.dude / bullish-outlook-on-cryptocurrencies
2018/04/22 07:25:09
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}the.dudepublished a new post: bullish-outlook-on-cryptocurrencies2018/04/22 07:25:09
the.dudepublished a new post: bullish-outlook-on-cryptocurrencies
2018/04/22 07:25:09
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | bullish-outlook-on-cryptocurrencies |
| title | Bullish Outlook on Cryptocurrencies |
| body | https://news.bitcoin.com/wp-content/uploads/2018/04/Saxo-Bank-building-730x438.jpg # Heavy Hitter Saxo Bank Released Bullish Outlook on Cryptocurrencies It takes all of 33 pages to find it, but there it is: a very influential investment bank not only hired a “Crypto Analyst,” but allowed him to have an authored section titled – Are Cryptocurrencies Entering a New Cycle? The Danish bank, Saxo, forwarded its general outlook for 2018’s second set of three months. Turning to cryptos, Mr. Pouncey prefaced, “Cryptocurrencies fell back to earth with a bang in the first months of this year, having enjoyed exponential growth in 2017. The situation remains fragile, given the outlook to increased regulation and social media advertising bans. That said, we can’t rule out the possibility of a comeback.” Saxo is based in Copenhagen, and its products include online trading in futures spreads, funds, bonds, CFDs, stocks, and even a foreign exchange. It has the rare charter of being both a proper bank and a broker. As such, it typically caters to institutional, legacy financial companies (more than 100 globally). Its European presence is well established, though it has exposure in the Middle East and Southeast Asia. Saxo claims to handle $12 billion USD daily, having clients in 180 countries. # Much of the Positive Outlook is Based on Institutional Investors Entering the Crypto Space Many professional financial legacy gurus expect the easy credit market to dry up a bit in the coming months as a hedge against inflation. This could mean traditional equities are less attractive, and the search for “uncorrelated assets” begins. These are “assets that lie outside the reach of the traditional financial system in which cryptocurrencies are a potential alternative,” Mr. Pouncey insists. “Historically, many of the blue chip cryptocurrencies have seen price increases in the face of global uncertainty and [… the] inflow of institutional capital to the cryptocurrency market due to the increase in regulation and investor protection could lead cryptocurrencies to a positive quarter.” |
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"body": "https://news.bitcoin.com/wp-content/uploads/2018/04/Saxo-Bank-building-730x438.jpg\n\n# Heavy Hitter Saxo Bank Released Bullish Outlook on Cryptocurrencies\nIt takes all of 33 pages to find it, but there it is: a very influential investment bank not only hired a “Crypto Analyst,” but allowed him to have an authored section titled – Are Cryptocurrencies Entering a New Cycle?\n\nThe Danish bank, Saxo, forwarded its general outlook for 2018’s second set of three months. Turning to cryptos, Mr. Pouncey prefaced, “Cryptocurrencies fell back to earth with a bang in the first months of this year, having enjoyed exponential growth in 2017. The situation remains fragile, given the outlook to increased regulation and social media advertising bans. That said, we can’t rule out the possibility of a comeback.”\n\nSaxo is based in Copenhagen, and its products include online trading in futures spreads, funds, bonds, CFDs, stocks, and even a foreign exchange. It has the rare charter of being both a proper bank and a broker. As such, it typically caters to institutional, legacy financial companies (more than 100 globally). Its European presence is well established, though it has exposure in the Middle East and Southeast Asia. Saxo claims to handle $12 billion USD daily, having clients in 180 countries. \n\n\n\n# Much of the Positive Outlook is Based on Institutional Investors Entering the Crypto Space\nMany professional financial legacy gurus expect the easy credit market to dry up a bit in the coming months as a hedge against inflation. This could mean traditional equities are less attractive, and the search for “uncorrelated assets” begins.\n\nThese are “assets that lie outside the reach of the traditional financial system in which cryptocurrencies are a potential alternative,” Mr. Pouncey insists. “Historically, many of the blue chip cryptocurrencies have seen price increases in the face of global uncertainty and [… the] inflow of institutional capital to the cryptocurrency market due to the increase in regulation and investor protection could lead cryptocurrencies to a positive quarter.”",
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2018/04/19 16:34:15
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| title | fossbot voter comment |
| body | Hey, just wanted to let you know I gave you an upvote because I appreciate your content! =D See you around |
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2018/04/19 08:10:39
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| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.moneyweb.co.za/mymoney/moneyweb-tax/more-clarity-on-tax-treatment-of-bitcoin-but/ |
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2018/04/19 08:10:24
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2018/04/19 08:10:24
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | taxation-is-theft-sars-south-african-extortion-racket-are-trying-to-scare-you-libertarian-says-no |
| title | TAXATION IS THEFT - SARS (South African extortion racket) Are trying to scare you. Libertarian says NO. |
| body | https://i.ytimg.com/vi/G9Plq-srOok/hqdefault.jpg More clarity on tax treatment of bitcoin, but… Some questions remain unanswered. **First remember - You are NOT a slave - You are free. You do NOT have to comply with your Governments (mind control). They do Not own you and its time to understand that what governments say has ZERO relevance and is simply a threat, designed to control your thoughts and force your involuntary compliance. If you do not pay your government thieves, then its only a matter of time until they have no enforcers to scare you. Power to the people.** The South African Revenue Service’s (Sars)( Extortion racket) announcement that it considers cryptocurrencies to be intangible assets and not currencies has brought an end to widespread speculation about the nature of cryptocurrencies. Who care what they think - Cryptocurrencies have NOTHING to do with governments. Blockchain tech is for all humans across the plane. lets free the plane, stop wars and take the power back. Do not pay the maffia. Sars ( South Africas Extortion racket) confirmed that it would apply normal income tax rules to cryptocurrencies and that it expects taxpayers to declare gains and losses as part of their taxable income. Asheer Jaywant Ram, CA(SA)( A brainwashed moron) and senior lecturer in the School of Accountancy( an istatution designed to steal your hard earned wealth) at the University of the Witwatersrand( brainwashing institution), says this means that transactions that involve cryptocurrencies like bitcoin will be regarded as barter transactions. In other words, individuals using bitcoin as a method of payment will need to consider the value of bitcoin in relation to the value of the goods received to determine income or gains. Ha Ha. BULLSHIT. For individuals who buy and sell cryptocurrencies on an exchange, the announcement means that if they transact as speculators, income received will have to be included in their gross income and will be subject to normal tax, Joon Chong, tax partner at Webber Wentzel, says. - BULLSHIT However, where someone holds cryptocurrencies for long-term gains, the sale would be subject to capital gains tax, she adds. - BULLSHIT While the tax community has welcomed the clarification around arguably the most contentious issue about cryptocurrencies – its nature for tax purposes – there are still significant areas of uncertainty. FUCK THE TAX COMMUNITY. The valuation of cryptocurrencies like bitcoin remains a point of major concern,( Of course it does because it gives the power back to the people) FUCK THE GOVERNMENTS) Ram says. In a barter transaction, the value of the bitcoin used to pay for goods and services would need to be determined to calculate the income or gain (or loss). Under normal circumstances, the value of goods received would be easily identifiable, but with cryptocurrencies establishing the value would be much harder as it trades on various international exchanges and price levels can differ substantially. > “Bitcoin has this high level of volatility in and of itself and across exchanges there is no parity,” Ram says. (Ram can go fuck himself.) For example, bitcoin was trading at R84 500 around midday on April 9 on the South African exchange Luno ( LUNO is a goverment cy-op. STAY AWAY), but at R84 000 on Ice3X. It was trading at around R82 130 on Bitfinex in Hong Kong and at R82 194 on the euro exchange Bitstamp. (The spot rand-dollar and rand-euro exchange rates were used to calculate the rand values.) - And this has NOTHING to do with governments anywhere. Ram says it remains uncertain which valuation Sars would find acceptable. Although it has confirmed that cryptocurrencies may give rise to gains, it didn’t clarify how it would value bitcoin for that purpose. (Ram can go fuck himself.) > “At this point [it is] one of the issues and I can see taxpayers wanting to argue either way, but then Sars would need to clarify what level of valuation or what exchange and market would need to be considered in order to value the bitcoin in a barter transaction scenario.” (Ram can go fuck himself.) Another area of uncertainty relates to the VAT treatment of cryptocurrency transactions. TAXATION IS THEFT Sars has confirmed that the VAT treatment of cryptocurrencies would be reviewed and that it would not require VAT registration as a vendor for purposes of the supply of cryptocurrencies in the interim. This means that taxpayers don’t have to register for VAT if their cryptocurrency supplies exceed the compulsory R1 million threshold for the total value of taxable supplies during a 12-month period. Ram says since bitcoin is not considered a currency, there is a possibility that it could be regarded as a “good” for VAT purposes. If this is the case, exchanges who supply bitcoin may have to levy output tax on it, which would increase the cost of doing business in the bitcoin ecosystem. Clarification in this regard is quite urgently needed, he adds. Chong says it is also uncertain how the VAT legislation on cryptocurrencies and the updated definition of electronic services that was published in February will reconcile. The latter regulations – which defines electronic services quite broadly – seem to include trading of cryptocurrencies by a foreign supplier. > “A bit more clarity is still required in terms of VAT. Where does cryptocurrencies fit in, whether or not trading in cryptocurrencies should be an exempt supply, who is the recipient for supplies to an exchange, and whether cryptocurrencies [are] ‘services’ in the VAT Act?” FUCK SARS - TAXATION IS THEFT |
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"title": "TAXATION IS THEFT - SARS (South African extortion racket) Are trying to scare you. Libertarian says NO.",
"body": "https://i.ytimg.com/vi/G9Plq-srOok/hqdefault.jpg\nMore clarity on tax treatment of bitcoin, but… Some questions remain unanswered.\n\n**First remember - You are NOT a slave - You are free. You do NOT have to comply with your Governments (mind control). They do Not own you and its time to understand that what governments say has ZERO relevance and is simply a threat, designed to control your thoughts and force your involuntary compliance. If you do not pay your government thieves, then its only a matter of time until they have no enforcers to scare you. Power to the people.**\n\n\nThe South African Revenue Service’s (Sars)( Extortion racket) announcement that it considers cryptocurrencies to be intangible assets and not currencies has brought an end to widespread speculation about the nature of cryptocurrencies.\n\nWho care what they think - Cryptocurrencies have NOTHING to do with governments. Blockchain tech is for all humans across the plane. lets free the plane, stop wars and take the power back. Do not pay the maffia.\n\nSars ( South Africas Extortion racket) confirmed that it would apply normal income tax rules to cryptocurrencies and that it expects taxpayers to declare gains and losses as part of their taxable income.\n\nAsheer Jaywant Ram, CA(SA)( A brainwashed moron) and senior lecturer in the School of Accountancy( an istatution designed to steal your hard earned wealth) at the University of the Witwatersrand( brainwashing institution), says this means that transactions that involve cryptocurrencies like bitcoin will be regarded as barter transactions. In other words, individuals using bitcoin as a method of payment will need to consider the value of bitcoin in relation to the value of the goods received to determine income or gains. Ha Ha. BULLSHIT.\n\nFor individuals who buy and sell cryptocurrencies on an exchange, the announcement means that if they transact as speculators, income received will have to be included in their gross income and will be subject to normal tax, Joon Chong, tax partner at Webber Wentzel, says. - BULLSHIT\n\nHowever, where someone holds cryptocurrencies for long-term gains, the sale would be subject to capital gains tax, she adds. - BULLSHIT\n\nWhile the tax community has welcomed the clarification around arguably the most contentious issue about cryptocurrencies – its nature for tax purposes – there are still significant areas of uncertainty. FUCK THE TAX COMMUNITY.\n\nThe valuation of cryptocurrencies like bitcoin remains a point of major concern,( Of course it does because it gives the power back to the people) FUCK THE GOVERNMENTS) Ram says. In a barter transaction, the value of the bitcoin used to pay for goods and services would need to be determined to calculate the income or gain (or loss). Under normal circumstances, the value of goods received would be easily identifiable, but with cryptocurrencies establishing the value would be much harder as it trades on various international exchanges and price levels can differ substantially.\n\n> “Bitcoin has this high level of volatility in and of itself and across exchanges there is no parity,” Ram says. (Ram can go fuck himself.)\n\nFor example, bitcoin was trading at R84 500 around midday on April 9 on the South African exchange Luno ( LUNO is a goverment cy-op. STAY AWAY), but at R84 000 on Ice3X. It was trading at around R82 130 on Bitfinex in Hong Kong and at R82 194 on the euro exchange Bitstamp. (The spot rand-dollar and rand-euro exchange rates were used to calculate the rand values.) - And this has NOTHING to do with governments anywhere.\n\nRam says it remains uncertain which valuation Sars would find acceptable. Although it has confirmed that cryptocurrencies may give rise to gains, it didn’t clarify how it would value bitcoin for that purpose. (Ram can go fuck himself.)\n\n> “At this point [it is] one of the issues and I can see taxpayers wanting to argue either way, but then Sars would need to clarify what level of valuation or what exchange and market would need to be considered in order to value the bitcoin in a barter transaction scenario.” (Ram can go fuck himself.)\n\nAnother area of uncertainty relates to the VAT treatment of cryptocurrency transactions. TAXATION IS THEFT\n\nSars has confirmed that the VAT treatment of cryptocurrencies would be reviewed and that it would not require VAT registration as a vendor for purposes of the supply of cryptocurrencies in the interim. This means that taxpayers don’t have to register for VAT if their cryptocurrency supplies exceed the compulsory R1 million threshold for the total value of taxable supplies during a 12-month period.\n\nRam says since bitcoin is not considered a currency, there is a possibility that it could be regarded as a “good” for VAT purposes. If this is the case, exchanges who supply bitcoin may have to levy output tax on it, which would increase the cost of doing business in the bitcoin ecosystem.\n\nClarification in this regard is quite urgently needed, he adds.\n\nChong says it is also uncertain how the VAT legislation on cryptocurrencies and the updated definition of electronic services that was published in February will reconcile. The latter regulations – which defines electronic services quite broadly – seem to include trading of cryptocurrencies by a foreign supplier.\n\n> “A bit more clarity is still required in terms of VAT. Where does cryptocurrencies fit in, whether or not trading in cryptocurrencies should be an exempt supply, who is the recipient for supplies to an exchange, and whether cryptocurrencies [are] ‘services’ in the VAT Act?”\n\nFUCK SARS - TAXATION IS THEFT",
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}the.dudeupvoted (100.00%) @the.dude / majority-of-us-states-have-taken-a-stance-on-bitcoin-and-blockchain2018/04/19 07:44:15
the.dudeupvoted (100.00%) @the.dude / majority-of-us-states-have-taken-a-stance-on-bitcoin-and-blockchain
2018/04/19 07:44:15
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}the.dudepublished a new post: majority-of-us-states-have-taken-a-stance-on-bitcoin-and-blockchain2018/04/19 07:44:15
the.dudepublished a new post: majority-of-us-states-have-taken-a-stance-on-bitcoin-and-blockchain
2018/04/19 07:44:15
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| permlink | majority-of-us-states-have-taken-a-stance-on-bitcoin-and-blockchain |
| title | Majority of US States Have Taken a Stance on Bitcoin and Blockchain |
| body | https://news.bitcoin.com/wp-content/uploads/2018/04/shutterstock_139254692_1600.jpg Most US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies behind them, according to a report by the Brookings Institution. The study classifies jurisdictions according to their attitude towards digital currencies and the levels of engagement with the underlying technology. Read full post [here](https://news.bitcoin.com/majority-of-us-states-with-stance-on-bitcoin-and-blockchain/?utm_source=cybercafe.co.za&utm_medium=widget&utm_campaign=News%20Widget) |
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}romacteshupvoted (100.00%) @the.dude / imf-chief-envisages-large-scale-shift-towards-cryptocurrencies2018/04/18 14:43:57
romacteshupvoted (100.00%) @the.dude / imf-chief-envisages-large-scale-shift-towards-cryptocurrencies
2018/04/18 14:43:57
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}2018/04/18 06:52:09
2018/04/18 06:52:09
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}2018/04/18 06:20:54
2018/04/18 06:20:54
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| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://news.bitcoin.com/imf-chief-large-scale-shift-away-from-government-fiat-towards-crypto/ |
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}2018/04/18 06:20:45
2018/04/18 06:20:45
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}the.dudeupvoted (100.00%) @the.dude / imf-chief-envisages-large-scale-shift-towards-cryptocurrencies2018/04/18 06:20:27
the.dudeupvoted (100.00%) @the.dude / imf-chief-envisages-large-scale-shift-towards-cryptocurrencies
2018/04/18 06:20:27
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}the.dudepublished a new post: imf-chief-envisages-large-scale-shift-towards-cryptocurrencies2018/04/18 06:20:27
the.dudepublished a new post: imf-chief-envisages-large-scale-shift-towards-cryptocurrencies
2018/04/18 06:20:27
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | imf-chief-envisages-large-scale-shift-towards-cryptocurrencies |
| title | IMF Chief Envisages Large-Scale Shift Towards Cryptocurrencies |
| body | https://news.bitcoin.com/wp-content/uploads/2018/04/F1679A00-3C50-43CF-8D82-161C2B805ECB.jpeg IMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large-scale shift away from government-issued currencies towards cryptocurrencies. # 2 Blog Posts Dedicated to Crypto IMF Chief Envisages Large-Scale Shift Away From Government Fiat Towards CryptocurrencyThe managing director of the International Monetary Fund (IMF), Christine Lagarde, dedicated a blog post on the IMF website to the benefits of cryptocurrencies on Tuesday. This positive post follows her other post last month which she outlined the drawbacks from her viewpoint. Citing that she previously “looked at the dark side of crypto-assets, including their potential use for money laundering and the financing of terrorism,” Lagarde proceeded to say: > Here, I want to examine the promise they [cryptocurrencies] offer. A judicious look at crypto-assets should lead us to neither crypto-condemnation nor crypto-euphoria. IMF Chief Envisages Large-Scale Shift Away From Government Fiat Towards CryptocurrencyShe acknowledged the many cryptocurrencies in circulation and said, “it seems inevitable that many will not survive the process of creative destruction.” According to Coinmarketcap, there are currently 1,568 cryptocurrencies. > “The crypto-assets that survive could have a significant impact on how we save, invest and pay our bills,” the IMF chief believes. “That is why policymakers should keep an open mind and work toward an even-handed regulatory framework that minimizes risks while allowing the creative process to bear fruit.” Lagarde Explores Benefits of Crypto The first benefit Lagarde pointed out was: Crypto-assets enable fast and inexpensive financial transactions, while offering some of the convenience of cash. IMF Chief Envisages Large-Scale Shift Away From Government Fiat Towards CryptocurrencyShe emphasized that “Some payment services now make overseas transfers in a matter of hours, not days,” adding that “If privately issued crypto-assets remain risky and unstable, there may be demand for central banks to provide digital forms of money.” The next point Lagarde discussed was a potential balance in the financial landscape brought about by cryptocurrencies. While emphasizing her belief that “the fintech revolution will not eliminate the need for trusted intermediaries, such as brokers and bankers,” she detailed: There is hope, however, that decentralized applications spurred by crypto-assets will lead to a diversification of the financial landscape, a better balance between centralized and decentralized service providers, and a financial ecosystem that is more efficient and potentially more robust in resisting threats. # No Immediate Danger Regarding financial stability, Lagarde revealed, “Our preliminary assessment is that, given their still-small footprint and limited links to the rest of the financial system, crypto-assets do not pose an immediate danger.” Nonetheless, the IMF chief calls for regulators to remain vigilant of the potential of cryptocurrencies “to magnify the risks of highly leveraged trading, and to increase the transmission of economic shocks should they become more integrated into mainstream financial products.” She further described: Moreover, banks and other financial institutions will face challenges to their business models, should there be a large-scale shift away from government-issued currencies toward crypto-assets. Regulators might find it harder to ensure the stability of a more diffuse and decentralized financial system. Central banks might have more trouble acting as the lender of last resort in case of a crisis. |
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"body": "https://news.bitcoin.com/wp-content/uploads/2018/04/F1679A00-3C50-43CF-8D82-161C2B805ECB.jpeg\n\nIMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large-scale shift away from government-issued currencies towards cryptocurrencies.\n\n\n# 2 Blog Posts Dedicated to Crypto\nIMF Chief Envisages Large-Scale Shift Away From Government Fiat Towards CryptocurrencyThe managing director of the International Monetary Fund (IMF), Christine Lagarde, dedicated a blog post on the IMF website to the benefits of cryptocurrencies on Tuesday. This positive post follows her other post last month which she outlined the drawbacks from her viewpoint. Citing that she previously “looked at the dark side of crypto-assets, including their potential use for money laundering and the financing of terrorism,” Lagarde proceeded to say:\n\n> Here, I want to examine the promise they [cryptocurrencies] offer. A judicious look at crypto-assets should lead us to neither crypto-condemnation nor crypto-euphoria.\n\nIMF Chief Envisages Large-Scale Shift Away From Government Fiat Towards CryptocurrencyShe acknowledged the many cryptocurrencies in circulation and said, “it seems inevitable that many will not survive the process of creative destruction.” According to Coinmarketcap, there are currently 1,568 cryptocurrencies.\n\n> “The crypto-assets that survive could have a significant impact on how we save, invest and pay our bills,” the IMF chief believes. “That is why policymakers should keep an open mind and work toward an even-handed regulatory framework that minimizes risks while allowing the creative process to bear fruit.”\n\nLagarde Explores Benefits of Crypto\nThe first benefit Lagarde pointed out was:\n\nCrypto-assets enable fast and inexpensive financial transactions, while offering some of the convenience of cash.\n\nIMF Chief Envisages Large-Scale Shift Away From Government Fiat Towards CryptocurrencyShe emphasized that “Some payment services now make overseas transfers in a matter of hours, not days,” adding that “If privately issued crypto-assets remain risky and unstable, there may be demand for central banks to provide digital forms of money.”\n\nThe next point Lagarde discussed was a potential balance in the financial landscape brought about by cryptocurrencies. While emphasizing her belief that “the fintech revolution will not eliminate the need for trusted intermediaries, such as brokers and bankers,” she detailed:\n\nThere is hope, however, that decentralized applications spurred by crypto-assets will lead to a diversification of the financial landscape, a better balance between centralized and decentralized service providers, and a financial ecosystem that is more efficient and potentially more robust in resisting threats.\n\n# No Immediate Danger\nRegarding financial stability, Lagarde revealed, “Our preliminary assessment is that, given their still-small footprint and limited links to the rest of the financial system, crypto-assets do not pose an immediate danger.” Nonetheless, the IMF chief calls for regulators to remain vigilant of the potential of cryptocurrencies “to magnify the risks of highly leveraged trading, and to increase the transmission of economic shocks should they become more integrated into mainstream financial products.” She further described:\n\nMoreover, banks and other financial institutions will face challenges to their business models, should there be a large-scale shift away from government-issued currencies toward crypto-assets. Regulators might find it harder to ensure the stability of a more diffuse and decentralized financial system. Central banks might have more trouble acting as the lender of last resort in case of a crisis.",
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}vitomailz22upvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network2018/04/16 14:57:51
vitomailz22upvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network
2018/04/16 14:57:51
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}iksarupvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network2018/04/16 14:57:51
iksarupvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network
2018/04/16 14:57:51
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}doctorzjioupvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network2018/04/16 14:57:33
doctorzjioupvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network
2018/04/16 14:57:33
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}jugolupvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network2018/04/16 06:38:06
jugolupvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network
2018/04/16 06:38:06
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}the.dudeupvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network2018/04/16 06:34:24
the.dudeupvoted (100.00%) @the.dude / on-chain-social-network-built-on-the-bitcoin-cash-network
2018/04/16 06:34:24
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}the.dudepublished a new post: on-chain-social-network-built-on-the-bitcoin-cash-network2018/04/16 06:34:24
the.dudepublished a new post: on-chain-social-network-built-on-the-bitcoin-cash-network
2018/04/16 06:34:24
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | on-chain-social-network-built-on-the-bitcoin-cash-network |
| title | on-chain social network built on the Bitcoin Cash network |
| body | There’s a new website bitcoin cash proponents are chatting about called Memo. It’s an on-chain social network built on the Bitcoin Cash network. The creator of Memo says the platform is both a protocol and a front-end application that uses the BCH chain to store written data. An On-Chain Social Network Built on the Bitcoin Cash Blockchain Called Memo On April 15 a new on-chain social network was launched for the Bitcoin Cash blockchain called Memo. The platform allows users to create a profile which is tied to a specific BCH address and a public/private key pair. Users can then tether certain data using the program such as a website URL, a quote, or a certain date which is hashed into the BCH chain using an OP_RETURN transaction. https://news.bitcoin.com/wp-content/uploads/2018/04/Memo1-1392x968.jpg Read full article [here](https://news.bitcoin.com/meet-memo-an-on-chain-social-network-built-on-bitcoin-cash/?utm_source=cybercafe.co.za&utm_medium=widget&utm_campaign=News%20Widget) |
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}cheetahreplied to @the.dude / cheetah-re-the-dudebitcoin-makes-a-move2018/04/13 10:48:00
cheetahreplied to @the.dude / cheetah-re-the-dudebitcoin-makes-a-move
2018/04/13 10:48:00
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| parent permlink | bitcoin-makes-a-move |
| author | cheetah |
| permlink | cheetah-re-the-dudebitcoin-makes-a-move |
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| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://news.bitcoin.com/bitcoin-in-brief-friday-that-green-candle/ |
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}cheetahupvoted (0.08%) @the.dude / bitcoin-makes-a-move2018/04/13 10:47:54
cheetahupvoted (0.08%) @the.dude / bitcoin-makes-a-move
2018/04/13 10:47:54
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}the.dudeupvoted (100.00%) @the.dude / bitcoin-makes-a-move2018/04/13 10:47:42
the.dudeupvoted (100.00%) @the.dude / bitcoin-makes-a-move
2018/04/13 10:47:42
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}the.dudepublished a new post: bitcoin-makes-a-move2018/04/13 10:47:42
the.dudepublished a new post: bitcoin-makes-a-move
2018/04/13 10:47:42
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | bitcoin-makes-a-move |
| title | Bitcoin Makes a Move |
| body | http://freecoyn.com/wp-content/uploads/2018/01/generic-bitcoin-header.jpg t’s amazing what a fat green wick can do. In just 30 minutes on Thursday, bitcoin rose by $1,000, sparking ear-to-ear smiles and mass euphoria throughout the crypto space. In today’s edition of Bitcoin in Brief, we explore the ramifications of the BTC breakout plus a whole lot more. # Bitcoin Makes a Move Cryptocurrency Has Already Made You Rich – You Just Didn’t NoticeAfter days of stagnation, bitcoin finally made a move on Thursday and it was a biggie. The largest green candle witnessed in a month, big enough to wipe out a slew of shorts in an instant. When bitcoin wants to it makes like the wind, treating hodlers to all the thrills of riding the world’s giddiest roller coaster. In a single hour, a record $1.2 billion of BTC was traded. Previous bitcoin breakouts have proven to be damp squibs, so while optimism remains, traders aren’t holding their breath. # Altcoin Roundup Cryptographic researchers claim to have found vulnerabilities in a group of privacy coins that includes zerocoin and PIVX. Coinsheets writer Dmitriy is tweeting 100 days of shitcoins in which he appraises a bunch of alts in a tweet apiece. EOS has been one of this week’s big gainers, and is one of the few coins to be up in 2018. A number of reasons have been postulated for its sudden gains including an upcoming airdrop and imminent mainnet launch. One critic who’s not feeling those EOS vibes is Jackson Palmer, who complained: “People don’t seem to realize that there is no actual EOS “network” that the ERC-20 tokens can be redeemed on. They’re just releasing the code and there will be *multiple* networks/blockchains you can then hopefully redeem some sort of other token on. It won’t be “EOS” though.” Crypto Scammers Are Getting Smarter How’s this for an ingenious way to load up on gas? # Bittrex Reopens Registrations This week Bittrex reopened new user registrations. Then it closed them again after being swamped by demand. And now it’s opened them again, this time for good hopefully. Finally, crypto has a new word: **fomonomics,** the art of studying Google search trends to identify when the masses are about to FOMO into bitcoin again. |
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"body": "http://freecoyn.com/wp-content/uploads/2018/01/generic-bitcoin-header.jpg\n\nt’s amazing what a fat green wick can do. In just 30 minutes on Thursday, bitcoin rose by $1,000, sparking ear-to-ear smiles and mass euphoria throughout the crypto space. In today’s edition of Bitcoin in Brief, we explore the ramifications of the BTC breakout plus a whole lot more.\n\n\n# Bitcoin Makes a Move\nCryptocurrency Has Already Made You Rich – You Just Didn’t NoticeAfter days of stagnation, bitcoin finally made a move on Thursday and it was a biggie. The largest green candle witnessed in a month, big enough to wipe out a slew of shorts in an instant. When bitcoin wants to it makes like the wind, treating hodlers to all the thrills of riding the world’s giddiest roller coaster. In a single hour, a record $1.2 billion of BTC was traded. Previous bitcoin breakouts have proven to be damp squibs, so while optimism remains, traders aren’t holding their breath.\n\n# Altcoin Roundup\nCryptographic researchers claim to have found vulnerabilities in a group of privacy coins that includes zerocoin and PIVX.\n\nCoinsheets writer Dmitriy is tweeting 100 days of shitcoins in which he appraises a bunch of alts in a tweet apiece.\n\nEOS has been one of this week’s big gainers, and is one of the few coins to be up in 2018. A number of reasons have been postulated for its sudden gains including an upcoming airdrop and imminent mainnet launch.\n\nOne critic who’s not feeling those EOS vibes is Jackson Palmer, who complained: “People don’t seem to realize that there is no actual EOS “network” that the ERC-20 tokens can be redeemed on. They’re just releasing the code and there will be *multiple* networks/blockchains you can then hopefully redeem some sort of other token on. It won’t be “EOS” though.”\n\nCrypto Scammers Are Getting Smarter\nHow’s this for an ingenious way to load up on gas?\n\n# Bittrex Reopens Registrations\nThis week Bittrex reopened new user registrations. Then it closed them again after being swamped by demand. And now it’s opened them again, this time for good hopefully.\n\nFinally, crypto has a new word: **fomonomics,** the art of studying Google search trends to identify when the masses are about to FOMO into bitcoin again.",
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}2018/04/12 05:49:45
2018/04/12 05:49:45
| parent author | the.dude |
| parent permlink | cryptocurrency-exchanges-are-growing-fast |
| author | cheetah |
| permlink | cheetah-re-the-dudecryptocurrency-exchanges-are-growing-fast |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://www.bitcoininsider.org/article/23364/number-cryptocurrency-exchanges-has-exploded |
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}cheetahupvoted (0.08%) @the.dude / cryptocurrency-exchanges-are-growing-fast2018/04/12 05:49:42
cheetahupvoted (0.08%) @the.dude / cryptocurrency-exchanges-are-growing-fast
2018/04/12 05:49:42
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}the.dudeupvoted (100.00%) @the.dude / cryptocurrency-exchanges-are-growing-fast2018/04/12 05:49:30
the.dudeupvoted (100.00%) @the.dude / cryptocurrency-exchanges-are-growing-fast
2018/04/12 05:49:30
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the.dudepublished a new post: cryptocurrency-exchanges-are-growing-fast
2018/04/12 05:49:30
| parent author | |
| parent permlink | bitcoin |
| author | the.dude |
| permlink | cryptocurrency-exchanges-are-growing-fast |
| title | Cryptocurrency Exchanges are growing fast |
| body | http://btczilla.com/wp-content/uploads/2018/04/bitcoin-exchange.jpg **In bitcoin’s earliest days, you could count the number of cryptocurrency exchanges on two hands: Mt Gox, Bitstamp, Btc-e, Vircurex and a handful of others, as well as P2P exchange Localbitcoins. Today, the landscape has changed dramatically. There are now over 500 exchanges to choose from – and that number is growing with every passing week.** https://news.bitcoin.com/wp-content/uploads/2018/04/nauticus.png # There Are Now More Than 500 Cryptocurrency Exchanges Calculating the number of crypto exchanges in the world is a lot harder than it sounds. Coinmarketcap lists 208, and there are dozens more listed on other cryptocurrency tracking sites. In addition, there are hundreds of regional exchanges that are only accessible within certain countries and continents. Canada has Einstein Exchange. Africa has Golix. Australia has ACX and will soon have Nauticus, a multi-asset exchange that is launching this year. Blockbid has also just gained its Australian license. https://www.nauticus.io/pub/img/logo.svg None of these platforms features on exchange listing sites such as Coinmarketcap. Neither do major sites such as Coinbase, because it is technically a broker (although its volume is listed on sites like Bitcoinity.org), or P2P sites like Localbitcoins and Localethereum. And what about other forms of P2P exchange such as Radar Relay, Kyber Network, and platforms that operate on the deep web? It is extremely difficult to classify and quantify the number of global crypto exchanges. All that can be said for certain is it’s north of 500 and rising. # Choice Is Good – Up to a Point Back when the bitcoin ecosystem was beholden to just one exchange – Mt Gox – there was a single point of failure that duly crashed the markets when Gox eventually broke. With hundreds of exchanges to choose from today, that shouldn’t be an issue, and yet a glance at where the bulk of the trading volume lies tells a different story. In the last 24 hours, more than half of all cryptocurrency trading volume came from just three exchanges, with Binance accounting for 18% alone. If the exchange were to be hacked or go offline, it wouldn’t cause a Mt Gox-level crash, but it would still inflict a sizeable dent. https://news.bitcoin.com/wp-content/uploads/2018/04/exchange-trading-volume-1392x230.png # 24-hour trade volume by exchange. It is the meteoric rise of Binance, which has gone from nothing to billion-dollar platform in the space of 12 months, that has inspired many of the next generation of token-backed exchanges like Coinlion and Legolas. Each of these new entrants has a slightly different slant, whether it’s knowledge-based trading, ICO launching or, in the case of Ezexchange, a focus on customer service that includes 24/7 support. It even offers the prospect of video tutorials and phone support for crypto investors who are still learning the ropes. https://news.bitcoin.com/wp-content/uploads/2018/04/ez-exchange.png Oliver Isaacs is a cryptocurrency advisor and investor who’s worked with a number of new exchanges. He ventures: “Customer service/tech support is important [with new exchanges] and so is the speed with which cryptocurrency deposit and withdraw transactions are executed. Getting your coin onto and off of an exchange quickly is important, especially for an arbitrage trader.” For so long as money keeps pouring into the crypto economy and the ICO sector remains vibrant, new exchanges will continue to proliferate. Should things go south, however, and a severe crypto winter set in, many exchanges could wind up as little more than ghost towns, with only the dominant players capable of maintaining liquidity and weathering the storm. https://www.trustnodes.com/wp-content/uploads/2017/03/the-bitcoin-exchanges-that-will-not-follow-the-longest-chain-2-600x500.jpg |
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"permlink": "cryptocurrency-exchanges-are-growing-fast",
"title": "Cryptocurrency Exchanges are growing fast",
"body": "http://btczilla.com/wp-content/uploads/2018/04/bitcoin-exchange.jpg\n\n**In bitcoin’s earliest days, you could count the number of cryptocurrency exchanges on two hands: Mt Gox, Bitstamp, Btc-e, Vircurex and a handful of others, as well as P2P exchange Localbitcoins. Today, the landscape has changed dramatically. There are now over 500 exchanges to choose from – and that number is growing with every passing week.**\n\nhttps://news.bitcoin.com/wp-content/uploads/2018/04/nauticus.png\n\n# There Are Now More Than 500 Cryptocurrency Exchanges\nCalculating the number of crypto exchanges in the world is a lot harder than it sounds. Coinmarketcap lists 208, and there are dozens more listed on other cryptocurrency tracking sites. In addition, there are hundreds of regional exchanges that are only accessible within certain countries and continents. Canada has Einstein Exchange. Africa has Golix. Australia has ACX and will soon have Nauticus, a multi-asset exchange that is launching this year. Blockbid has also just gained its Australian license.\n\nhttps://www.nauticus.io/pub/img/logo.svg\n\nNone of these platforms features on exchange listing sites such as Coinmarketcap. Neither do major sites such as Coinbase, because it is technically a broker (although its volume is listed on sites like Bitcoinity.org), or P2P sites like Localbitcoins and Localethereum. And what about other forms of P2P exchange such as Radar Relay, Kyber Network, and platforms that operate on the deep web? It is extremely difficult to classify and quantify the number of global crypto exchanges. All that can be said for certain is it’s north of 500 and rising.\n\n# Choice Is Good – Up to a Point\nBack when the bitcoin ecosystem was beholden to just one exchange – Mt Gox – there was a single point of failure that duly crashed the markets when Gox eventually broke. With hundreds of exchanges to choose from today, that shouldn’t be an issue, and yet a glance at where the bulk of the trading volume lies tells a different story. In the last 24 hours, more than half of all cryptocurrency trading volume came from just three exchanges, with Binance accounting for 18% alone. If the exchange were to be hacked or go offline, it wouldn’t cause a Mt Gox-level crash, but it would still inflict a sizeable dent.\n\nhttps://news.bitcoin.com/wp-content/uploads/2018/04/exchange-trading-volume-1392x230.png\n\n# 24-hour trade volume by exchange.\nIt is the meteoric rise of Binance, which has gone from nothing to billion-dollar platform in the space of 12 months, that has inspired many of the next generation of token-backed exchanges like Coinlion and Legolas. Each of these new entrants has a slightly different slant, whether it’s knowledge-based trading, ICO launching or, in the case of Ezexchange, a focus on customer service that includes 24/7 support. It even offers the prospect of video tutorials and phone support for crypto investors who are still learning the ropes.\n\nhttps://news.bitcoin.com/wp-content/uploads/2018/04/ez-exchange.png\n\nOliver Isaacs is a cryptocurrency advisor and investor who’s worked with a number of new exchanges. He ventures: “Customer service/tech support is important [with new exchanges] and so is the speed with which cryptocurrency deposit and withdraw transactions are executed. Getting your coin onto and off of an exchange quickly is important, especially for an arbitrage trader.”\n\nFor so long as money keeps pouring into the crypto economy and the ICO sector remains vibrant, new exchanges will continue to proliferate. Should things go south, however, and a severe crypto winter set in, many exchanges could wind up as little more than ghost towns, with only the dominant players capable of maintaining liquidity and weathering the storm.\nhttps://www.trustnodes.com/wp-content/uploads/2017/03/the-bitcoin-exchanges-that-will-not-follow-the-longest-chain-2-600x500.jpg",
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