# How To Make Money Through Bitcoins - Silkroad Bitcoin ...

My biggest regret, a saved email from 2013.

12/20/13 K: Hey man, it's K. Is your name D? Anyway...getting money onto BTC-e can be tricky if you are trying to deposit USD. I kind of just had to learn by trial an error because I didn't know anyone that could teach me, because i am the only one that invests in crypto currency that I know.
Anyway, coinbase is probably the best bitcoin wallet service in the United States. It is definitely the largest and most reputable. Use this referral link: Once you sign up using this link, it will give us both some free money after you have purchased some bitcoins. The process takes a little while to get all started up, but it is worth it because it is so easy to use after. You can instantly buy bitcoins, and then use those bitcoins to send to BTC-E to purchase whatever other coins you want. I invest pretty heavily in LTC. The only way I have been able to do that is by buying bitcoins on coinbase, and then sending them to btc-e. Let me know if this works for you..
K: Let me know if the email reached you
D: Yep. I got it. Two to three days for the deposit verification into my bank account. Thanks for the advice. I take it you work in finance?
K: Yeah I do :). Coinbase takes a bit for the verification process but it is super easy to use after that. When you sell bitcoins, they just deposit the money right back into your bank account. It's the easiest service that I have found that is reputable.
D: Have you ever tried trading for small margins? I made about 0.60 USD since I started last night. I got my initial funding by mining FTC. I'm trading BTC.
D: Actually up to 10.81 after my last trade. Got in at 625 and sold at 639.
K: I mainly buy and hold for long term. I bought some NMC to flip, but it dropped in value steeply so im still holding it. I buy more every time it dips. Sent via wireless, please excuse any typos...
D: Cool. No worry about typos. I type all day at work so don't mind as well. I give up on accuracy at 5. My friends also aren't very much into crytpo currencies. I like the technical aspect but I'm more interested in trading on BTC-E. I must have watched about 12 hours of bitcoinwisdom since yesterday. It was my first time analyzing real time data. I can't believe how much info you can obtain just from identifying patterns. I have a quick question about a 401k if you don't mind. So far my year to date is 26%, is that good?
K: Yes, very good. You must have had it set up aggressively with the investing choices (which is better to do when you are young). Good stock market returns are around 12% so you are more than double, but don't be surprised if there is a correction to lower on the returns there too.
D: Yes. I'm over 50% in small cap and am young. Is there anyway to avoid that correction by reallocating?
K: Nah, just leave it. At least you have a 401k, most people are paycheck to paycheck
D: Defiantly. I can't imagine how some of my co-workers get by paying overdraft fees each month. Have a good night. I'll let you know when I buy some coins on that site.
K: Cool, let me know. Let's make some money! :)
12/22/13 D: Howdy K, I'm still waiting on the deposits in my bank account by Coinbase. Thanks for the referral link, I'm looking forward to that free $5 of BTC. Up to $12.30 USD on BTCE, looking to break $13 tonight. Can't wait to get some more trading funds.
K: It takes a bit for the initial deposit. I think it took my bank almost a week :(. Once you are done though everything is quick. If you add a credit card too, you can buy up to 10 btc instantly per week
D: Awesome. Have any suggestions? (pic) attaches picture of small gains trade history
K: What do you mean by sugggestions? Like on your trading?
K: Can you deposit more money? It looks like you aren't fully able to enjoy the full gains of your trades because the amounts that you are trading are a little small. If possible I would suggest buying 1 btc when the price is the lowest of the day, and then trade from there..
K: Also i would stay away from ftc for time being
12/24/13 K: Hey bud, i just got some free money from coinbase :) did you get it too? Pretty cool huh?
D: Yes sir. 4 days for my order to fill, can't wait.
12/25/13 D: Merry Christmas!
K: Merry xmas! If you add a credit card you can instant buy up to 10btc. What other coins are you buying right now? I mainly just have BTC and LTC
D: Does the credit card have to be a Visa? I'm mining about 8 FTC per day and trading for BTC at market. Then I trade BTC/USD for 0.10 - 0.40 profits. Working on a spreadsheet right now which you can see if you are interested.
D: spreadsheet sends corny orange and grey spreadsheet
K: Think it can be mastercard or amex too...
K: Nice LTC rally today :). I just picked up more LTC yesterday too
D: I tried adding a mastercard and discover but it wouldn't work. I've been watching the rally. Waiting to buy in to BTC at $656.
K: Shit that sucks, email support and ask if they accept mastercard? I find that odd that they would only accept visa
D: No worries. Deposit should clear 12/31
12/29/2013 K: Hows it going? Did you get your btc?
D: Hey K. Not yet, they will be deposited 12/31. Bought at $651
K: Nice so you are already up :)
K: How much did you buy? You should buy some and hold long term if possible too
1/2/2014 D: Happy New Year, K. I only bought 0.2 BTC for about $131. I'm at a total balance of $179.07. Started mining FTC again for the few extra dollars per day.
I think I read somewhere that there is a cap of 21 million BTC that will ever be in existence. 21 million on the internet is subtle considering how many views cat videos get on youtube. 21 million out 7 billion people is even smaller. Sometimes I find it hard to imagine millions and billions but I always think about this one thing: 1 million seconds is about 11 days, 1 billion seconds around 31 years. I'm very optimistic about the long term. Probably going to set aside at least 1 BTC in the near future.
Have you ever seen BTC listed on ebay? I created an auction yesterday for 0.1 BTC, $120.00. It sold within 3 hours but the buyer flaked out after I told them they would be receiving the BTC-E redeemable code in the mail. They created a dispute stating that the ebay/pal accounts were accessed by an unauthorized third party which is currently in process. I didn't lose anything and actually sold back the 0.1 at $775 after buying at $740 last night. I'm considering re-listing some BTC on Ebay but don't want to deal with reversed payments. Have any insight?
K: I heard ebay can be a nightmare with sellers getting scammed by buyers with chargebacks. If you are going to do it, I would recommend selling maybe paper wallets only, that you actually have to mail to them. That way you can have a tracking number for your shipping. If you want to sell through paypal, be careful, I think any mention of crypto currency can get your account frozen. Not positive about that though. Try selling to people on the forums, I think that would be easy. Honestly, I think just buying what you can and holding long is the best option to make the best returns. Look how the market has gone today D
K: 21 million BTC is not even enough btc for each person in my state to have 1, let alone the United States, or the entire world. As long as the demand stays high, the price could become astronomical if some major players like wall street enter the game. Just think, if Wall Street threw like 100 mill at Bitcoins (which is not that far-fetched), the price would probably jump to like 3-4k per BTC after that 1 day alone…
D: I don't think I'm going to sell anything else on Ebay until I come up with a better way of protecting against charge backs. The market has been awesome today.
D: That's very true. I think my next purchase will be 0.5 BTC to keep in my wallet.
K: Have you seen the stuff on zerocoin? Looks interesting, should be out this year...there has been a lotta hype around it..
D: Haven't heard anything about it until just reading an article now. Looks interesting and they make a good argument about anonymity. I only read over it briefly, but it appears what they're proposing would add an additional transaction fee the the process. Cool concept. Are you good with candlestick charts and patterns?
K: Somewhat. I learned them in college but stopped using them until now, so I am pretty rusty…I get the concepts and all, but I am not a professional at them by any means. I saw my buddies wallet the other day…he is pretty stacked. Over 250btc and over 1000 LTC!
D: That is pretty stacked. About 500k stacked, right? Are you familiar with the creator(s) of bitcoin "Satoshi Nakamoto"? Is it actually one person? There are quite a few claims as to who or whom Satoshi may be.
K: Im not familiar, i heard it was a team of people under that one name
D: I wonder if it was created by a goverment. Like some NSA type agency. Kinda like how the darknet started off as a Navy project.
K: Nah I doubt it. Government wouldn't create something that could possibly pose a threat to its own currency.
D: That's a good point. The future of BTC is exciting.
1/6/2014 D: Started trading NMC recently. Check ou the spreadsheet attaches another shitsheet Still just testing the water before I start making bigger trades. Buy any more BTC/LTC lately?
K: Cool man.. Year i got some LTC at $16 right before it went back up :)
1/7/2014 D: Nice buy. Catch the market today? China's equivalent of Ebay banned the sell of btc, ltc, mining gear, etc.
My understanding on of China: China’s central bank regulated the virtual currency for the first time on Dec. 5 by banning financial institutions and payment providers from conducting transactions in the virtual currency
Chinese central bank officials told third-party payment service providers to stop offering clearing services to online Bitcoin exchanges
China's Ebay bans sell of BTC in accordance to the central bank's ban effective Jan. 31. Acting as a clearing house of BTC.
I'm now $180 long NMC. I might invest 1k soon on BTC, any thoughts on an upcoming entry point?
K: Hmmm not quite sure on entry point. I am in the red as of today on NMC. Im trying to get it back to 0.01 btc to convert my nmc back to btc, i missed it on the last push. If you are investing 1k and holding long, then any of the daily ups and downs dont matter because in the long run we hope it will be way up. If i were you, i would just wait for a big red candle and then try to by at the bottom. Maybe $800/btc is good?
K: The part that sucks is that it seems like BTC value works so hard to creep up and up slowly, and right when it seems like it is going to pick up some momentum, BAM! More bad news comes out and slams the market. This cycle seems to keep repeating over and over right now…
1/9/14 K: I got 2 more btc :)
1/27/14 D: Sorry, haven't check this email account for a few weeks. Been working a lot of OT. What price did you buy in at on 1/9? I just sold a majority of my coins for cash. I picked up 3 LTC at 19.50 though. What's gonna happen 2/1/14?
Also, do you know how long it would take for a tax return check if you have your taxes in prior to the 31st? I finished those 2 weeks ago if it matters.
The other day the dow finished pretty low. Do you have any thoughts about the US economy over the next 6-12 months?
K: What’s up man…huge dump off of BTC right now on almost all exchanges (except gox which is bs anyway). I bought some more LTC at around $19 too.
I am holding all for long haul, although it would have been profitable to sell this morning, and re-buy after this dump off. I have no idea what is going to happen on 2/1. Last time when senate met, everyone thought the party was over, and then there was a huge rally in prices instead.
I am trying to figure out the right price to buy more btc right now… what do you think?
D: Sorry. Copied and pasted instead of attaching the pic. I think we'll have to see if it breaks that support. What about the arrest of that guy at bitinstant? *attaches picture of BTC 4h chart with a random line pointing downward
K: I don’t think that one arrest will tank the market like that. I am wondering if the confiscated silk road funds are being trickled through the exchanges by the feds. It seems weird the sell off right now. It almost seems systematic. Like there is a huge sell off that clears all the buy orders. Then it is calm for a few minutes, then repeat. Really strange…
D: But I wonder how they brought charges on him? Could they hold anyone accountable who sold BTC to a person using it to buy drugs on silk road? If the Feds are selling that would explain it. They seized 144,000 and they're saying the owner of silkroad may have 600,000 stashed in a wallet.
K: I think the number is more like 30,000 btc
D: The spokesperson says the approximately 26,000 Bitcoins seized are just the ones that were held in Silk Road accounts. In other words, it’s Silk Road users’ Bitcoin. The FBI has not been able to get to Ulbricht’s personal Bitcoin yet. “That’s like another $80 million worth,” she said, explaining that it was held separately and is encrypted. If that is indeed what he’s holding, that’s close to 600,000 Bitcoin all together or about 5% of all Bitcoin currently in existence. (Update 10-25: The FBI says it’s seized 144,000 Bitcoins, or about $28 million, that it believes belong to Ross Ulbricht.)
K: I don’t understand how they were able to confiscate them, when bitcoins are not yet considered money, so they shouldn’t fall under forfeiture rules…
1/17/18 - D: Wish you the best K and hope you held those coins longer than I did.
TLDR: Meet a friend in December 2013 that gave me advice to buy and hold BTC long term. This is one of our email threads from around that time, edited to remove personally identifying information. I used all my bitcoin for pizza following the fall of Mt. Gox and the subsequent bubble burst.
submitted by hampering to CryptoCurrency [link] [comments]

Trading Cryptocurrency Markets

Hello! My name is Slava Mikhalkin, I am a Project Owner of Crowdsale platform at Platinum, the company that knows how to start any ICO or STO in 2019.
If you want to avoid headaches with launching process, we can help you with ICO and STO advertising and promotion. See the full list of our services: Platinum.fund
I am also happy to be a part of the UBAI, the first educational institution providing the most effective online education on blockchain! We can teach you how to do ICO/STO in 2019. Today I want to tell you how to sell and transfer cryptocurrencies.
Major Exchanges
In finance, an exchange is a forum or platform for trading commodities, derivatives, securities or other financial instruments. The principle concern of an exchange is to allow trading between parties to take place in a fair and legally compliant manner, as well as to ensure that pricing information for any instrument traded on the exchange is reliable and coherently delivered to exchange participants. In the cryptocurrency space exchanges are online platforms that allow users to trade cryptocurrencies or digital currencies for fiat money or other cryptocurrencies. They can be centralized exchanges such a Binance, or decentralized exchanges such as IDEX. Most cryptocurrency exchanges allow users to trade different crypto assets with BTC or ETH after having already exchanged fiat currency for one of those cryptocurrencies. Coinbase and Kraken are the main avenue for fiat money to enter into the cryptocurrency ecosystem.
Function and History
Crypto exchanges can be market-makers that take bid/ask spreads as a commission on the transaction for facilitating the trade, or more often charge a small percentage fee for operating the forum in which the trade was made. Most crypto exchanges operate outside of Western countries, enabling them to avoid stringent financial regulations and the potential for costly and lengthy legal proceedings. These entities will often maintain bank accounts in multiple jurisdictions, allowing the exchange to accept fiat currency and process transactions from customers all over the globe.
The concept of a digital asset exchange has been around since the late 2000s and the following initial attempts at running digital asset exchanges foreshadows the trouble involved in attempting to disrupt the operation of the fiat currency baking system. The trading of digital or electronic assets predate Bitcoin’s creation by several years, with the first electronic trading entities running afoul of the Australian Securities and Investments Commission (ASIC) in late 2004. Companies such as Goldex, SydneyGoldSales, and Ozzigold, shut down voluntarily after ASIC found that they were operating without an Australian Financial Services License. E-Gold, which exchanged fiat USD for grams of precious metals in digital form, was possibly the first digital currency exchange as we know it, allowing users to make instant transfers to the accounts of other E-Gold members. At its peak in 2006 E-Gold processed $2 billion worth of transactions and boasted a user base of over 5 million people.
Popular Exchanges
Here we will give a brief overview of the features and operational history of the more popular and higher volume exchanges because these are the platforms to which newer traders will be exposed. These exchanges are recommended to use because they are the industry standard and they inspire the most confidence.
Bitfinex
Owned and operated by iFinex Inc, the cryptocurrency trading platform Bitfinex was the largest Bitcoin exchange on the planet until late 2017. Headquartered in Hong Kong and based in the US Virgin Island, Bitfinex was one of the first exchanges to offer leveraged trading (“Margin trading allows a trader to open a position with leverage. For example — we opened a margin position with 2X leverage. Our base assets had increased by 10%. Our position yielded 20% because of the 2X leverage. Standard trades are traded with leverage of 1:1”) and also pioneered the use of the somewhat controversial, so-called “stable coin” Tether (USDT).
Binance
Binance is an international multi-language cryptocurrency exchange that rose from the mid-rank of cryptocurrency exchanges to become the market dominating behemoth we see today. At the height of the late 2017/early 2018 bull run, Binance was adding around 2 million new users per week! The exchange had to temporarily disallow new registrations because its servers simply could not keep up with that volume of business. After the temporary ban on new users was lifted the exchange added 240,000 new accounts within two hours.
Have you ever thought whats the role of the cypto exchanges? The answer is simple! There are several different types of exchanges that cater to different needs within the ecosystem, but their functions can be described by one or more of the following: To allow users to convert fiat currency into cryptocurrency. To trade BTC or ETH for alt coins. To facilitate the setting of prices for all crypto assets through an auction market mechanism. Simply put, you can either mine cryptocurrencies or purchase them, and seeing as the mining process requires the purchase of expensive mining equipment, Cryptocurrency exchanges can be loosely grouped into one of the 3 following exchange types, each with a slightly different role or combination of roles.
Have you ever thought about what are the types of Crypto exchanges?
  1. Traditional Cryptocurrency Exchange: These are the type that most closely mimic traditional stock exchanges where buyers and sellers trade at the current market price of whichever asset they want, with the exchange acting as the intermediary and charging a small fee for facilitating the trade. Kraken and GDAX are examples of this kind of cryptocurrency exchange. Fully peer-to-peer exchanges that operate without a middleman include EtherDelta, and IDEX, which are also examples of decentralized exchanges.
  2. Cryptocurrency Brokers: These are website or app based exchanges that act like a Travelex or other bureau-de-change. They allow customers to buy or sell crypto assets at a price set by the broker (usually market price plus a small premium). Coinbase is an example of this kind of exchange.
  3. Direct Trading Platform: These platforms offer direct peer-to-peer trading between buyers and sellers, but don’t use an exchange platform in doing so. These types of exchanges do not use a set market rate; rather, sellers set their own rates. This is a highly risky form of trading, from which new users should shy away.
To understand how an exchange functions we need only look as far as a traditional stock exchange. Most all the features of a cryptocurrency exchange are analogous to features of trading on a traditional stock exchange. In the simplest terms, the exchanges fulfil their role as the main marketplace for crypto assets of all kinds by catering to buyers or sellers. These are some definitions for the basic functions and features to know: Market Orders: Orders that are executed instantly at the current market price. Limit Order: This is an order that will only be executed if and when the price has risen to or dropped to that price specified by the trader and is also within the specified period of time. Transaction fees: Exchanges will charge transactions fees, usually levied on both the buyer and the seller, but sometimes only the seller is charged a fee. Fees vary on different exchanges though the norm is usually below 0.75%. Transfer charges: The exchange is in effect acting as a sort of escrow agent, to ensure there is no foul play, so it might also charge a small fee when you want to withdraw cryptocurrency to your own wallet.
Regulatory Environment and Evolution
Cryptocurrency has come a long way since the closing down of the Silk Road darknet market. The idea of crypto currency being primarily for criminals, has largely been seen as totally inaccurate and outdated. In this section we focus on the developing regulations surrounding the cryptocurrency asset class by region, and we also look at what the future may hold.
The United States of America
A coherent uniform approach at Federal or State level has yet to be implemented in the United States. The Financial Crimes Enforcement Network published guidelines as early as 2013 suggesting that BTC and other cryptos may fall under the label of “money transmitters” and thus would be required to take part in the same Anti-money Laundering (AML) and Know your Client (KYC) procedures as other money service businesses. At the state level, Texas applies its existing finance laws. And New York has instituted an entirely new licensing system.
The European Union
The EU’s approach to cryptocurrency has generally been far more accommodating overall than the United States, partly due to the adaptable nature of pre-existing laws governing electronic money that predated the creation of Bitcoin. As with the USA, the EU’s main fear is money laundering and criminality. The European Central Bank (ECB) categorized BTC as a “convertible decentralized currency” and advised all central banks in the EU to refrain from trading any cryptocurrencies until the proper regulatory framework was put in place. A task force was then set up by the European Parliament in order to prevent and investigate any potential money laundering that was making use of the new technology.
Likely future regulations for cryptocurrency traders within the European Union and North America will probably consist of the following proposals: The initiation of full KYC procedures so that users cannot remain fully anonymous, in order to prevent tax evasion and curtail money laundering. Caps on payments that can be made in cryptocurrency, similar to caps on traditional cash transactions. A set of rules governing tax obligations regarding cryptocurrencies Regulation by the ECB of any companies that offer exchanges between cryptocurrencies and fiat currencies It is less likely for other countries to follow the Chinese approach and completely ban certain aspects of cryptocurrency trading. It is widely considered more progressive and wiser to allow the technology to grow within a balanced accommodative regulatory framework that takes all interests and factors into consideration. It is probable that the most severe form of regulation will be the formation of new governmental bodies specifically to form laws and exercise regulatory control over the cryptocurrency space. But perhaps that is easier said than done. It may, in certain cases, be incredibly difficult to implement particular regulations due to the anonymous and decentralized nature of crypto.
Behavior of Cryptocurrency Investors by Demographic
Due to the fact that cryptocurrency has its roots firmly planted in the cryptography community, the vast majority of early adopters are representative of that group. In this section we cover the basic structure of the cryptocurrency market cycle and the makeup of the community at large, as well as the reasons behind different trading decisions.
The Cryptocurrency Market Cycle
Bitcoin leads the bull rally. FOMO (Fear of missing out) occurs, the price surge is a constant topic of mainstream news, business programs cover the story, and social media is abuzz with cryptocurrency chatter. Bitcoin reaches new All Timehigh (ATH) Market euphoria is fueled with even more hype and the cycle is in full force. There is a constant stream of news articles and commentary on the meteoric, seemingly unstoppable rise of Bitcoin. Bitcoin’s price “stabilizes”, In the 2017 bull run this was at or around $14,000. A number of solid, large market cap altcoins rise along with Bitcoin; ETH & LTC leading the altcoins at this time. FOMO comes into play, as the new ATH in market cap is reached by pumping of a huge number of alt coins.
Top altcoins “somewhat” stabilize, after reaching new all-time highs. The frenzy continues with crypto success stories, notable figures and famous people in the news. A majority of lesser known cryptocurrencies follow along on the upward momentum. Newcomers are drawn deeper into crypto and sign up for exchanges other than the main entry points like Coinbase and Kraken. In 2017 this saw Binance inundated with new registrations. Some of the cheapest coins are subject to massive pumping, such as Tron TRX which saw a rise in market cap from $150 million at the start of December 2017 to a peak of $16 billion! At this stage, even dead coins or known scams will get pumped. The price of the majority of cryptocurrencies stabilize, and some begin to retract. When the hype is subsiding after a huge crypto bull run, it is a massive sell signal. Traditional investors will begin to give interviews about how people need to be careful putting money into such a highly volatile asset class. Massive violent correction begins and the market starts to collapse. BTC begins to fall consistently on a daily basis, wiping out the insane gains of many medium to small cap cryptos with it. Panic selling sweeps through the market. Depression sets in, both in the markets, and in the minds of individual investors who failed to take profits, or heed the signs of imminent collapse. The price stagnation can last for months, or even years.
The Influence of Age upon Trading
Did you know? Cryptocurrencies have been called “stocks for millennials” According to a survey conducted by the Global Blockchain Business Council, only 5% of the American public own any bitcoin, but of those that do, an overwhelming majority of 71% are men, 58% of them are between the ages of 18 and 35, and over half of them are minorities. The same survey gauged public attitude toward the high risk/high return nature of cryptocurrency, in comparison to more secure guaranteed small percentage gains offered by government bonds or stocks, and found that 30% would rather invest $1,000 in crypto. Over 42% of millennials were aware of cryptocurrencies as opposed to only 15% of those ages 65 and over. In George M. Korniotis and Alok Kumar’s study into the effects of aging on portfolio management and the quality of decisions made by older investors, they found “that older and experienced investors are more likely to follow “rules of thumb” that reflect greater investment knowledge. However, older investors are less effective in applying their investment knowledge and exhibit worse investment skill, especially if they are less educated and earn lower income.”
Geographic Influence upon Trading
One of the main drivers of the apparent seasonal ebb and flow of cryptocurrency prices is the tax situation in the various territories that have the highest concentrations of cryptocurrency holders. Every year we see an overall market pull back beginning in mid to late January, with a recovery beginning usually after April. This is because “Tax Season” is roughly the same across Europe and the United States, with the deadline for Income tax returns being April 15th in the United States, and the tax year officially ending the UK on the 6th of April. All capital gains must be declared before the window closes or an American trader will face the powerful and long arm of the IRS with the consequent legal proceedings and possible jail time. Capital gains taxes around the world vary from jurisdiction to jurisdiction but there are often incentives for cryptocurrency holders to refrain from trading for over a year to qualify their profits as long term gain when they finally sell. In the US and Australia, for example, capital gains are reduced if you bought cryptocurrency for investment purposes and held it for over a year. In Germany if crypto assets are held for over a year then the gains derived from their sale are not taxed. Advantages like this apply to individual tax returns, on a case by case basis, and it is up to the investor to keep up to date with the tax codes of the territory in which they reside.
2013 Bull run vs 2017 Bull run price Analysis
In late 2016 cryptocurrency traders were faced with the task of distinguishing between the beginnings of a genuine bull run and what might colorfully be called a “dead cat bounce” (in traditional market terminology). Stagnation had gripped the market since the pull-back of early 2014. The meteoric rise of Bitcoin’s price in 2013 peaked with a price of $1,100 in November 2013, after a year of fantastic news on the adoption front with both Microsoft and PayPal offering BTC payment options. It is easy to look at a line going up on a chart and speak after the fact, but at the time, it is exceeding difficult to say whether the cat is actually climbing up the wall, or just bouncing off the ground. Here, we will discuss the factors that gave savvy investors clues as to why the 2017 bull run was going to outstrip the 2013 rally. Hopefully this will help give insight into how to differentiate between the signs of a small price increase and the start of a full scale bull run. Most importantly, Volume was far higher in 2017. As we can see in the graphic below, the 2017 volume far exceeds the volume of BTC trading during the 2013 price increase. The stranglehold MtGox held on trading made a huge bull run very difficult and unlikely.
Fraud & Immoral Activity in the Private Market
Ponzi Schemes Cryptocurrency Ponzi schemes will be covered in greater detail in Lesson 7, but we need to get a quick overview of the main features of Ponzi schemes and how to spot them at this point in our discussion. Here are some key indicators of a Ponzi scheme, both in cryptocurrencies and traditional investments: A guaranteed promise of high returns with little risk. Consistentflow of returns regardless of market conditions. Investments that have not been registered with the Securities and Exchange Commission (SEC). Investment strategies that are a secret, or described as too complex. Clients not allowed to view official paperwork for their investment. Clients have difficulties trying to get their money back. The initial members of the scheme, most likely unbeknownst to the later investors, are paid their “dividends” or “profits” with new investor cash. The most famous modern-day example of a Ponzi scheme in the traditional world, is Bernie Madoff’s $100 billion fraudulent enterprise, officially titled Bernard L. Madoff Investment Securities LLC. And in the crypto world, BitConnect is the most infamous case of an entirely fraudulent project which boasted a market cap of $2 billion at its peak.
What are the Exchange Hacks?
The history of cryptocurrency is littered with examples of hacked exchanges, some of them so severe that the operation had to be wound up forever. As we have already discussed, incredibly tech savvy and intelligent computer hackers led by Alexander Vinnik stole 850000 BTC from the MtGox exchange over a period from 2012–2014 resulting in the collapse of the exchange and a near-crippling hammer blow to the emerging asset class that is still being felt to this day. The BitGrail exchange suffered a similar style of attack in late 2017 and early 2018, in which Nano (XRB) was stolen that was at one point was worth almost $195 million. Even Bitfinex, one of the most famous and prestigious exchanges, has suffered a hack in 2016 where $72 million worth of BTC was stolen directly from customer accounts.
Hardware Wallet Scam Case Study
In late 2017, an unfortunate character on Reddit, going by the name of “moody rocket” relayed his story of an intricate scam in which his newly acquired hardware wallet was compromised, and his $34,000 life savings were stolen. He bought a second hand Nano ledger into which the scammers own recover seed had already been inserted. He began using the ledger without knowing that the default seed being used was not a randomly assigned seed. After a few weeks the scammer struck, and withdrew all the poor HODLer’s XRP, Dash and Litecoin into their own wallet (likely through a few intermediary wallets to lessen the very slim chances of being identified).
Hardware Wallet Scam Case Study Social Media Fraud
Many gullible and hapless twitter users have fallen victim to the recent phenomenon of scammers using a combination of convincing fake celebrity twitter profiles and numerous amounts of bots to swindle them of ETH or BTC. The scammers would set up a profile with a near identical handle to a famous figure in the tech sphere, such as Vitalik Buterin or Elon Musk. And then in the tweet, immediately following a genuine message, follow up with a variation of “Bonus give away for the next 100 lucky people, send me 0.1 ETH and I will send you 1 ETH back”, followed by the scammers ether wallet address. The next 20 or so responses will be so-called sockpuppet bots, thanking the fake account for their generosity. Thus, the pot is baited and the scammers can expect to receive potentially hundreds of donations of 0.1 Ether into their wallet. Many twitter users with a large follower base such as Vitalik Buterin have taken to adding “Not giving away ETH” to their username to save careless users from being scammed.
Market Manipulation
It also must be recognized that market manipulation is taking place in cryptocurrency. For those with the financial means i.e. whales, there are many ways in which to control the market in a totally immoral and underhanded way for your own profit. It is especially easy to manipulate cryptos that have a very low trading volume. The manipulator places large buy orders or sell walls to discourage price action in one way or the other. Insider trading is also a significant problem in cryptocurrency, as we saw with the example of blatant insider trading when Bitcoin Cash was listed on Coinbase.
Examples of ICO Fraudulent Company Behavior
In the past 2 years an astronomical amount of money has been lost in fraudulent Initial Coin Offerings. The utmost care and attention must be employed before you invest. We will cover this area in greater detail with a whole lesson devoted to the topic. However, at this point, it is useful to look at the main instances of ICO fraud. Among recent instances of fraudulent ICOs resulting in exit scams, 2 of the most infamous are the Benebit and PlexCoin ICOs which raised $4 million for the former and $15 million for the latter. Perhaps the most brazen and damaging ICO scam of all time was the Vietnamese Pincoin ICO operation, where $660million was raised from 32,000 investors before the scammer disappeared with the funds. In case of smaller ICO “exit scamming” there is usually zero chance of the scammers being found. Investors must just take the hit. We will cover these as well as others in Lesson 7 “Scam Projects”.
Signposts of Fraudulent Actors
The following factors are considered red flags when investigating a certain project or ICO, and all of them should be considered when deciding whether or not you want to invest. Whitepaper is a buzzword Salad: If the whitepaper is nothing more than a collection of buzzwords with little clarity of purpose and not much discussion of the tech involved, it is overwhelmingly likely you are reading a scam whitepaper.
Signposts of Fraudulent Actors §2
No Code Repository: With the vast majority of cryptocurrency projects employing open source code, your due diligence investigation should start at GitHub or Sourceforge. If the project has no entries, or nothing but cloned code, you should avoid it at all costs. Anonymous Team: If the team members are hard to find, or if you see they are exaggerating or lying about their experience, you should steer clear. And do not forget, in addition to taking proper precautions when investing in ICOs, you must always make sure that you are visiting authentic web pages, especially for web wallets. If, for example, you are on a spoof MyEtherWallet web page you could divulge your private key without realizing it and have your entire portfolio of Ether and ERC-20 tokens cleaned out.
Methods to Avoid falling Victim
Avoiding scammers and the traps they set for you is all about asking yourself the right questions, starting with: Is there a need for a Blockchain solution for the particular problem that a particular ICO is attempting to solve? The existing solution may be less costly, less time consuming, and more effective than the proposals of a team attempting to fill up their soft cap in an ICO. The following quote from Mihai Ivascu, the CEO of Modex, should be kept in mind every time you are grading an ICO’s chances of success: “I’m pretty sure that 95% of ICOswill not last, and many will go bankrupt. ….. not everything needs to be decentralized and put on an open source ledger.”
Methods to Avoid falling Victim §2 Do I Trust These People with My Money, or Not?
If you continue to feel uneasy about investing in the project, more due diligence is needed. The developers must be qualified and competent enough to complete the objectives that they have set out in the whitepaper.
Is this too good to be true?
All victims of the well-known social media scams using fake profiles of Vitalik Buterin, or Bitconnect investors for that matter, should have asked themselves this simple question, and their investment would have been saved. In the case of Bitconnect, huge guaranteed gains proportional to the amount of people you can get to sign up was a blatant pyramid scheme, obviously too good to be true. The same goes for Fake Vitalik’s offer of 1 ether in exchange for 0.1 ETH.
Selling Cryptocurrencies, Several reasons for selling with the appropriate actions to take:
If you are selling to buy into an ICO, or maybe believe Ether is a safer currency to hold for a certain period of time, it is likely you will want to make use of the Ether pair and receive Ether in return. Obviously if the ICO is on the NEO or WANchain blockchain for example, you will use the appropriate pair. -Trading to buy into another promising project that is listing on the exchange on which you are selling (or you think the exchange will experience a large amount of volume and become a larger exchange), you may want to trade your cryptocurrency for that exchange token. -If you believe that BTC stands a good chance of experiencing a bull run then using the BTC trading pair is the suitable choice. -If you believe that the market is about to experience a correction but you do not want to take your gains out of the market yet, selling for Tether or “tethering up” is the best play. This allows you to keep your locked-in profits on the exchange, unaffected by the price movements in the cryptocurrency markets,so that you can buy back in at the most profitable moment. -If you wish to “cash out” i.e. sell your cryptocurrency for fiat currency and have those funds in your bank account, the best pair to use is ETH or BTC because you will likely have to transfer to an exchange like Kraken or Coinbase to convert them into fiat. If the exchange offers Litecoin or Bitcoin Cash pairs it could be a good idea to use these for their fast transaction time and low fees.
Selling Cryptocurrencies
Knowing when and how to sell, as well as strategies to inflate the value of your trade before sale, are important skills as a trader of any product or financial instrument. If you are satisfied that the sale itself of the particular amount of a token or coin you are trading away is the right one, then you must decide at what price you are going to sell. Exchanges exercise their own discretion as to which trading “pairs” they will offer, but the most common ones are BTC, ETH, BNB for Binance, BIX for Bibox etc., and sometimes Tether (USDT) or NEO. As a trader, you decide which particular cryptocurrency to exchange depending on your reason for making that specific trade at that time.
Methods of Sale
Market sell/Limit sell on exchange: A limit sell is an order placed on an exchange to sell as soon as (also specifically only if and when) the price you specified has been hit within the time limit you select. A market order executes the sale immediately at the best possible price offered by the market at that exact time. OTC (or Over the Counter) selling refers to sale of securities or cryptocurrencies in any method without using an exchange to intermediate the trade and set the price. The most common way of conducting sales in this manner is through LocalBitcoins.com. This method of cryptocurrency selling is far riskier than using an exchange, for obvious reasons.
The influence and value of your Trade
There are a number of strategies you can use to appreciate the value of your trade and thus increase the Bitcoin or Ether value of your portfolio. It is important to disassociate yourself from the dollar value of your portfolio early on in your cryptocurrency trading career simply because the crypto market is so volatile you will end up pulling your hair out in frustration following the real dollar money value of your holdings. Once your funds have been converted into BTC and ETH they are completely in the crypto sphere. (Some crypto investors find it more appropriate to monitor the value of their portfolio in satoshi or gwei.) Certainly not limited to, but especially good for beginners, the most reliable way to increase your trading profits, and thus the overall value and health of your portfolio, is to buy into promising projects, hold them for 6 months to a year, and then reevaluate. This is called Long term holding and is the tactic that served Bitcoin HODLers quite well, from 2013 to the present day. Obviously, if something comes to light about the project that indicates a lengthy set back is likely, it is often better to cut your losses and sell. You are better off starting over and researching other projects. Also, you should set initial Price Points at which you first take out your original investment, and then later, at which you take out all your profits and exit the project. That should be after you believe the potential for growth has been exhausted for that particular project.
Another method of increasing the value of your trades is ICO flipping. This is the exact opposite of long term holding. This is a technique in which you aim for fast profits taking advantage of initial enthusiasm in the market that may double or triple the value of ICO projects when they first come to market. This method requires some experience using smaller exchanges like IDEX, on which project tokens can be bought and sold before listing on mainstream exchanges. “Tethering up” means to exchange tokens or coins for the USDT stable coin, the value of which is tethered to the US Dollar. If you learn, or know how to use, technical analysis, it is possible to predict when a market retreatment is likely by looking at the price movements of BTC. If you decide a market pull back is likely, you can tether up and maintain the dollar value of your portfolio in tether while other tokens and coins decrease in value. The you wait for an opportune moment to reenter the market.
Market Behavior in Different Time Periods
The main descriptors used for overall market sentiment are “Bull Market” and “Bear Market”. The former describes a market where people are buying on optimism. The latter describes a market where people are selling on pessimism. Fun (or maybe not) fact: The California grizzly bear was brought to extinction by the love of bear baiting as a sport in the mid 1800s. Bears were highly sought after for their intrinsic fighting qualities, and were forced into fighting bulls as Sunday morning entertainment for Californians. What has this got to do with trading and financial markets? The downward swipe of the bear’s paws gives a “Bear market” its name and the upward thrust of a Bull’s horns give the “Bull Market” its name. Most unfortunately for traders, the bear won over 80% of the bouts. During a Bull market, optimism can sometimes grow to be seemingly boundless, volume is rising, and prices are ascending. It can be a good idea to sell or rebalance your portfolio at such a time, especially if you have a particularly large position in one holding or another. This is especially applicable if you need to sell a large amount of a relatively low-volume holding, because you can then do so without dragging the price down by the large size of your own sell order.
Learn more on common behavioral patterns observed so far in the cryptocurrency space for different coins and ICO tokens.
Follow the link:
UBAI.co
If you want to know how do security tokens work, and become a professional in crypto world contact me via Facebook to get all the details:
Facebook
submitted by UBAI_UNIVERSITY to u/UBAI_UNIVERSITY [link] [comments]

The intelligent investors guide to cryptocurrency: Part 2 - FOMO My friend, My enemy. Make fear of missing out, work for you.

Introductions: I'm joskye. A cryptocurrency investor and SDC holder.
...
FOMO. Fear of missing out.
So I told you about my biggest early success which turned into a mistake. Now I'll tell you of my biggest early mistake which I turned into lots of little successes.
Bitcoin.
At the time I re-entered cryptocurrency scene I put $6.4k into ETH. The story of what happened there was told in part 1.
Well the other thing is I believed a bitcoin breakout was occurring. I watched it unfold right in front of my eyes.
Around mid May 2016 when I decided now is the time to get into cryptocurrency I thought; "lets not put all my eggs in one basket. ETH may not go up for whatever reason".
I said to myself. "Nah, it's too expensive now. It's not going to go up further".
FUCK. It's $685 now... I have to buy. It'll keep going up! But it's so expensive now I wont put too much in. 1 bitcoin bought.
It's going to break the $1200 high. I don't know why it's going up. Something about China and Brexit in the cryptopress. I don't fully understand it but I see a trend... It'll keep going.
I read some vague bitcoin 2016 price predictions going as high as $5000 - No reasons given but it gives me hope and makes me complacent.
SHIT. No hold. This is just a stall, it'll keep going up!
Oh shit.
...
FOMO. I hope this story demonstrates it nicely. This is the psychology of the uneducated trader. The guy who doesn't live by the minute staring at the charts. The lazy guy who doesn't learn about trader psychology, ignores the mainstream news cycle, has bad press sources and listens to endless noise without filtering it out to find out the real factors that drive price rises and falls.
The market is mostly irrational until you realise how rationale it is (i.e. you learn what factors make it tick).
Every subsequent lesson is used to address FOMO.
Greed is good - it got you here. Greed is bad; it can ruin you.
You need enough greed to make the jump, and to make it early and fearlessly. That's how you make the most out of other people's FOMO.
...
FOMO can be good... It can be bad
I have made 5 significant trades based off FOMO in my early days of trading. 3 of them went bad. 2 of them went good. Lets analyse them:
-NAVcoin-
-My friend told me about the NAV. I didn't really understand it. I read the website and whitepaper and felt unimpressed. The price was up though so I bought some anyway. I bought close to the peak price at 0.000097btc/NAV, held it a few days before it corrected to 0.000089btc/NAV. I should have sold it immediately.
-Synereo AMP-
Can you see the mistakes I made there? All noob errors, assumptions and emotional hopium ignoring my wilful ignorance and lack of underlying belief. Thank god I hadn't bought more and placed FOMO money only in proportion to my belief in the project it was representing i.e. here I spent very little of my total capital pool in cryptocurrency.
-XAURUM-
-MONERO/XMR-
-Shadowcash-
-Once again, I got really lucky. I was in the right place at the right time.
...
Lessons:
...
I no longer join FOMO rallies. I've seen them end too badly, suddenly and unless I know the coin well I often time entry too late. Most of the time you will too.
Yes you might get lucky but it's better to know when to buy a cryptocurrency coin early and why. It's far better to know what makes a cryptocurrency work; what gives it value for the long term; what makes it worth holding in spite of price corrections.
With this in mind the next lessons will deal with cryptocurrency valuations, price metrics and identifying coins of value, worth holding. We'll eventually talk about crypto strategies that allow you not to worry about screen checking the exchange every minute as well as one's that do.
By the end of this I hope you'll know enough to pursue any mix of trading/investor strategy you want with improved success.
And again why am I posting this on the Shadowcash subreddit?
It is because Shadowcash is the best cryptocurrency investment of 2016 and I believe it will be again by March 2017.
...
Disclaimer: I am not responsible for your financial decisions, nor am I advising you take a particular financial position. Rather I am sharing my experiences and hoping you form your own opinions and insights from them. Full disclosure: I have long positions in Ethereum (ETH), Shadowcash (SDC), ICONOMI (ICN), Augur (REP) and Digix (DGD).
submitted by joskye to Shadowcash [link] [comments]

Best of Buttcoin: 2014

There's been some fantastic work done in this subreddit spreading disinformation researching, criticising, and debunking bitcoin and its sacred cows over the past year, which I would like to celebrate.
So here's some posts I saved on bitcoin-related topics. But I started saving things too late... So if you have and/or remember any great posts from the past year, dig them up and post them here.
Also, unironically, maybe someone should start a buttcoin wiki

First, three pieces of investigative journalism from Buttcoin's top minds. Here Charlie_Shrem examines the environmental impact of bitcoin mining. Key finding: For every Bitcoin transaction, 47 kilograms of CO2 is released into the atmosphere from the miners alone.
Current hash rate: 261,900,382 GH/s
Number of transactions per day: 71,331
If we assume rather conservatively that 1GH/s = 1 watt on average, then this would mean 261,900,382W is being used to power the network. We can simplify this to 261,900 kW.
Some miners can do better than 1W per 1GH/s, but many if not most do worse (i.e. 2W per 1GH/s to 10W per 1GH/s).
Going by the figure of 0.527kg CO2 / kWh found on this page,
0.527kg CO2 x 261,900 kW x 24 hours = 3,312,511.2 kg CO2 per day
Now,
3,312,511.2 kg CO2 / 71,331 transactions = 46.44 kg CO2 per transaction
For comparison, even going by this Coindesk Article, an ATM produces daily 3.162kg in CO2 emissions.
0.25kwH x 0.527kg CO2 x 24 hours = 3.162kg/day.
That means that the carbon emission for one Bitcoin transaction is equivalent to about 15 ATMs processing perhaps hundreds or thousands of transactions in a day combined.

Earlier this month Frankeh abruptly interrupted remittance-focused annular onanism by issuing a challenge: to find a single instance where bitcoin works out cheaper than a fiat alternative. In case you need to ask... Nope.
Right, there's a bunch of circlejerking happening in /Bitcoin right now so I think it's time to cut through the bullshit one way or another.
Country to send money to.
The biggest remittance markets are China, Indian and the Philippines.
I believe that since /Bitcoin often gives the Philippines as an example of successful Bitcoin remittance then it is the perfect country to use in our challenge.
Country to send money from.
According to this wikipedia article Malaysia and Canada have the biggest expat Filipino communities. 900,000 and 500,000.
So I think we should do the calculations based on both countries.
The methodology
Most people are not paid in Bitcoin. This is a fact. So for our calculation you must start with fiat, and end in fiat. We're not doing these calculations based on future utility of Bitcoin (No, neo. I'm saying...), we're doing them on the current utility.
We will also be doing a bank to bank remittance, because that is nice an constant. We don't need to take into account pick up locations Bitcoin remittance allows and pick up locations normal remittance allows. They'll vary too much.
Time will also not be taken into account, as time doesn't actually matter when it comes to remittance. Now, Bitcoiners might shout about this particular rule but let me explain my logic behind this.
A foreign worker gets paid every Friday. They start the remittance process on the Friday and regardless of if it takes 0, 3, or 5 days their family back in their home country just needs to base their life around money coming in on remitters pay day + 0, 3, or 5 days. Time taken is of no real value when it comes to remittance. All that matters is that it consistently arrives on day x.
As such, any remittance services that take over 5 working days are to be ignored for the sake of this challenge.
The amount
The amount is going to be 25% of the average wage in each of the countries. This isn't extremely scientific because it doesn't particularly need to be, and the figures are hard to come by.
So 1826.75 MYR for Malaysia and 1,398 CAD for Canada.
Don't bother complaining about these, they're just examples.
Few more ground rules
  • We're going to be going from bank/bank card to bank regardless, so we're not interested in banking fees on either side. They will be the same regardless of Bitcoin or WU (for example)
  • It must be from local fiat to foreign fiat.. You can't palm off the conversion fee to the receivers bank to keep fees down.
  • Any remittance service can be used, as long as Bitcoin is involved for people fighting the Bitcoin corner and Bitcoin isn't used for people fighting the WU (or similar) corner.
  • You must go through the process and document all the fees for each. Fees to look out for are currency spreads, transaction fees on exchanges, etc

Finally a recent thread, but commendable all the same. Hodldown presents some research leading to facts overturning years of knowledge in the bitcoin wiki. Even us shills have been laughing at bitcoin's pathetic capability of 7 transactions per second. It turns out, we were out by at least a factor of 2:
The average number of transactions per block right now is: 665 transactions
The average block size is 0.372731752748842mb.
That means the average transaction is 0.00056049887mb. Which means 1mb of transactions (the limit) is 1784 transactions
Assuming a 10 minute block (a whole other can of worms) that means there is 10*60 seconds.
1784/600 isn't 7. It's a 2.97.
Bitcoin at a technical level can not handle even 3 transactions per second.

In one of the frequent bitcoin user invasions, PayingWithActualMone outlines why the "solution in search of a problem" isn't that great of a solution to much either.
On the transaction side: the Bitcoin community seems convinced that banks are ripping them off (which imo they are not), and that it can be fixed by applying some magicsauce over a transaction that is facilitated by banks regardless. So far in practice I haven't seen any evidence of the 'fast' 'cheap' and 'easy' transactions, like most recently with Mollie. They usually compare the fees of BTC>BTC transactions to the fees of Chase Mastercard > a fucking nomad in the Sahara (with consumer protection) to prove their point. The community also seems convinced that the entire world banks the way America does, not realizing that in Europe banking has been dirt cheap for years.
And the security... oh boy the security. Half the population can't manage to go without a virus for one year (not an actual statistic), and now you expect them to secure their coins? People are dumb as shit, and software is always one step behind the exploits. We could of course create Bitcoin banks, but then there isn't much left of the original idea.
On the 'intrinsic value' side: what the hell is wrong with people. If the underlying product is no good in any aspect, why is it worth much? Right now (that's like 5 years after introduction mind you) BTC is used in 3 types of transactions: Silk Road, SatoshiDice & extremely questionable transactions. It does its job well in that aspect, and that's all it will ever be. The community just turned the technology into a giant ponzi, and they don't care as long as they get paid. The people actually doing business in Bitcoin probably don't care about the price that much.

Someone who deleted their account, on the argument that merchant adoption is a cause of the price drop:
That's just an excuse butters use for the price going down.
There's no real difference between selling bitcoin for fiat and exchanging bitcoin for goods and services. Both are a form of sale of bitcoin, an expression of preference for something other than bitcoin.
If on balance, there's more flow of bitcoin into fiat, goods or services than there is a corresponding opposing flow, then it is simply the market expressing the view that bitcoin is overvalued. Therefore, the reduction in the value of bitcoin (as valued in fiat) is a sincere expression of the market's view of what the correct price for bitcoin is.
Think of an example: A true believer has 20 BTC. He exchanges 10 BTC with Dell for a whizzy server. Dell (or another intermediary) sell the 10 BTC at an exchange in return for fiat. The market price of BTC goes down.
The price goes down, simply because a true believer cut his bitcoin holding, he got out. He thought having a server now was worth more to him than 10 tickets to the moon. Which is an expression of a negative view of the future value of bitcoin. A simple "aggressive" sale in trading parlance.

A late entry from jstolfi. A concise description of the Satoshi/Bitcoin origin story .
My understanding is that "Satoshi" had been trying to solve the technical problem of convincing a bunch of anonymous, volunteers to maintain and protect a distributed ledger, with no central authority.
He thought that he had a solution, in the form of a protocol that included PoW, miner rewards, longest chain, etc. The solution seemed to work on paper; but, as a good scientist, he started an experiment in order to check whether it would also work in practice.
For that experiment to be meaningful, it would have been enough if the coin was mined for several years only by a few hundred computer nerds, with the cooperation of some friendly pizza places and bars.
The US$ price of the coin was not important to the experiment, and it was never meant to be a weapon for libertarians, a way to buy drugs or evade taxes, a competitor to credit cards or Western Union, a sound investment or item for day-trading. All those "goals" were tacked onto it afterwards.

bob237 comments on the the absurdity of coinbase and it's touted 'rebuy' scheme,
It gets even better than that, actually. A lot of bitcoiners don't like 'losing' bitcoin, and so coinbase added a popular 'repurchase bitcoin' feature that automatically debits your bank account to replenish the BTC in your coinbase account after a purchase.
The ultimate result then is that you pay coinbase fiat, they take their cut, and then send that fiat on to the merchant. All 'bitcoins' used in the middle of the transaction are not really bitcoins, but just abstractions in coinbase's internal [off-chain] accounting system.
It's a crap version of paypal, no consumer protection and a ton of fees hidden in the spread when you buy your chuck-e-cheese tokens from them.

saigonsquare explains why ubiquitous tipping isn't the the killer app that it has been touted as, and why bitcoiners may fail to grasp this
Most people understand that there are different sorts of interaction. There are purely social interactions, there are quid-pro-quo interactions, and there are market interactions. Mixing those up causes embarrassment and insult. I wouldn't try to pay my mother-in-law ten bucks for cooking Christmas dinner, and I certainly wouldn't try to pay her ten cents. If a waiter suggests I try the raspberry tart, I won't get away with offering to bake him some cookies next week in compensation; if an office mate suggests I have a slice of her birthday cake, I'll be insulted if she brings me a bill for it. If I spend an hour helping my friend move apartments and he thanks me, I'm fine; we're friends helping each other out. If he pays me two bucks, I'm insulted; he's canceled the social nature of the interaction and instead simply bought my labor for a fraction of its going rate. I'm up two bucks but down a friend.
Ancapspergers, not particularly understanding any sort of interaction more complicated than buying a cheeseburger at Wendy's, assume that all interactions are a form of market transaction, and set pricing accordingly. Normal humans get offended by a penny shaving, because it cancels the social nature of the interaction and turns it into a market transaction--and then informs the recipient that his contribution to the transaction was of negligible value.
submitted by occasionallyrude to Buttcoin [link] [comments]

Bitcoin 2017 a Comprehensive Timeline

Some of the most notable news and events over the past year:
Jan 3:
Jan 10:
Jan 17:
Jan 19:
Feb 8:
Feb 9:
Feb 24:
Mar 1:
Mar 2:
Mar 10:
Mar 12:
Mar 14:
Mar 15:
Mar 23:
Mar 28:
Apr 1:
Apr 5:
Apr 6:
Apr 12:
Apr 20:
Apr 26:
May 2:
May 9:
May 10:
May 21:
May 22:
May 23:
May 31:
Jun 2:
Jun 14:
Jun 29 - Jul 1:
Jun 30:
Jul 12:
Jul 16:
Jul 17:
Jul 22:
Jul 23:
Jul 24:
Jul 25:
Jul 27:
Jul 28:
Jul 31:
Aug 1:
Aug 2:
Aug 3:
Aug 10:
Aug 12:
Aug 15:
Aug 17:
Aug 21:
Aug 22:
Aug 24:
Aug 25:
Aug 28:
Aug 29:
Aug 30:
Aug 31:
Sep 1:
Sep 2:
Sep 3:
Sep 4:
Sep 5:
Sep 6:
Sep 7:
Sep 8:
Sep 9:
Sep 10:
Sep 12:
Sep 13:
Sep 14:
Sep 15:
Sep 17:
Sep 19:
Sep 20:
Sep 21:
Sep 23:
Sep 24:
Sep 25:
Sep 26:
Sep 27:
Sep 28:
Sep 29:
Sep 30:
Oct 4:
Oct 7:
Oct 9:
Oct 10:
Oct 11:
Oct 12:
Oct 13:
Oct 14:
Oct 16:
Oct 27:
Oct 30:
Nov 1:
Nov 2:
Nov 3:
Nov 4:
Nov 7:
Nov 8:
Nov 9:
Nov 10:
Nov 12:
Nov 13:
Nov 20:
Nov 21:
Nov 27:
Nov 28:
Dec 2:
Dec 5:
Dec 6
Dec 7
Dec 9
Dec 10
Dec 11
Dec 12
Dec 13
Dec 14
Dec 15
Dec 16
Dec 17
Dec 19
Dec 20
Dec 21
Dec 22
Dec 23
Dec 25
Dec 27
Dec 29
Dec 30
Dec 31
submitted by BitcoinChronicler to btc [link] [comments]

What is Drugwalking?

I thought cst might like to see this post I made from conspiracy that they liked
"Drugwalking" is a term I made up that is analagous to the ATF Gunwalking Scandal, used to describe the vertically-integrated drug activities of the Fed. Just to remind you, the gunwalking scandal involved putting out illegal firearms and seeing where they ended up, letting the illegal arms act as a kind of radiological tracer used in medicine. By finding these illegal arms, the feds were able to 'map out' the criminal organizations.
Drugwalking is similar to gunwalking in some ways and dissimilar in others. It's similar to gunwalking in that it's an entrapment-like ploy to capture some people. But it's different from gunwalking in that it does not hope to entirely eliminate drug networks, rather it aims to maintain, optimize and manage drug networks.
We Know Who is at the Top of the Drug Dealing Pyramid
We know that the CIA, Queen Elizabeth II, and the Pope are all involved in narcotrafficking. If you don't know this, then you have tried very hard to keep yourself in a state of complete ignorance. The history you received in public school is that England ran an Opium War against the Chinese and then that was over.
Guess what? That's not correct: The opium wars never stopped.. And the silk road didn't die with Rome. And Rome: didn't die. Silk road went global along with Rome, and the US is now Rome. The modern darknet 'silkroad' and 'silkroad 2' were taken over by the fed and the NSA ended up with all their bitcoins, making them a primary coinholder. Isn't that convenient?
You see, it's all a game and we're the dupes. We were funded initially by french freemasonry steered by the Bavarian illuminati to win our Revolutionary war and become a sovereign so-called 'republic'. We could not have won our secret-society-based-nation on our own, as Britian was 2000 yrs ahead of us in drug revenue and money wins wars. No, this was the creation of a subsidiary. An affiliate making program. The only reason we became 'so called sovereign' is "they" let it happen. Just like most wars, lots of people died in order for a good show for the history books. Apologies in advance if this opinion makes you mad at me---to propose that the US is still a subsidiary of the British Empire. I believe it is. But we can't have that conversation now.
Still I can tell you why I feel this way for several reasons. Primarily, that Drug mercantilism did not die with the burning of templars. After reading several books on the government and clergy-run narcotrafficking this much has become perfectly clear.
Fast forward to now. There's a cartel in Mexico called the "Knights Templar Cartel", that have adopted the principles of their namesake. When the Rat Pope came to town, they put up banners promising no violence in the area during that time[1].
This is just one interesting anecdote among many. Others have written about proofs of these claims at length in several books, namely LaRouche's Dope Inc, McCoy's Politics of Heroin, and Gary Webb's Dark Alliance. Some of these were written decades ago, and if you truly need more sources than that, and are too lazy to investigate/fact checkmebro on this yourself, then I will gladly provide, but at my leisure/pace. Proving this is not the point of this article.
Global Substance Management, Inc
Our CIA, who are not intelligent enough to do their own intel, are managing cartels around the world. I've explained this in the best (and most underrated imo) post I've ever written to date. The CIA itself is guided by policy agencies that are guided by on the one hand, necon facist industrialists of the knights of malta freemasons, and on the other neoliberal fascist zionists and jesuit financeers. Guess who is NOT represented? That's right: the public--the lumpen, extraoperative, global everyperson. The chief export of this system is disempowerment, demoralization and opacity, while fooling everyone into thinking it's the opposite of those things (selling the shinola).
Hypocrisy, Fake Rights and Lip Service Hangouts
If these drugs were legal, then we wouldn't have any reason to complain about the authorities simply creating a vertically-integrated network of goods and services. But we complain because they've made these substances illegal, while also selling them. They are illegal because of the drug schedules promoted within the
UN 1971 Convention on Spychotropic (Psychotropic) Substances[2][3]
The UN is steered mostly by the US as a faux-ideology hangout and plausible deniability engine. In other words, they created a fake international organization to act as a scapegoat for crafting policies that would be difficult to retract, simply because they've contractually-obligated all participatory governments in adhering to those policies. Difficultly-in-retraction simply means, you can't reneg if you yourself created the guidelines, because reneging on these agreements would make the US look indecisive, foolish, fickle, and untrustworthy ("you're going to tell me what to do but can't hold yourself to the same standards").
This Janus-face of hypocrisy is what people find intolerable, now that we all pretty much know who is at the top of the pyramid. They push they push psychological garbage tropes of 'drugs are bad', 'drugs are immoral', 'we are losing the drug war' as a form of social control, to create a means of distinction: the 'good people' and the 'bad people'. To foist judgmentalism of "the drug user trope" on everyone. By creating the drug-addled trainwreck of the Charlie Sheen trope, they necessarily and implicitly create his social opposite: the 'normal person'. Don't be like Charlie Sheen. Be a normal person. Keep calm, go to work, fuck your wife 3 times a year, and above all stop asking questions--that only hurts you.
Back to the UN: what have they done with their little blue hats to stop drugs? What has INTERPOL done? I think they set cartel boundaries to keep "normals" from getting hurt...because that gives justification for retaliation and lawsuits...I think that's all they do because they cannot 'win' the drug war when they are being run from the same parent org that is selling the drugs. It would make as much sense to think that pro-breastfeeding groups are being run by infant formula manufacturers.
Drugwalking
It's become very obvious that the only reason to keep drugs illegal is to extort taxes from the public in order to enhance a government run paramilitary militia of drug agents (DEA) that look strangely like ISIS. Yet, the very same government is bringing in these illegal drugs through cartels; brainwashing the public into thinking they are fighting a war on drugs, winning/losing it, and constantly need our taxes to do it; and using the DEA to bust the occasional hippies to remind you who the "normal people" are, and all's under kontrol.
Unless of course you're black. Or poor. The two employees / consumers. These two groups end up in jail more often than others. I guess they didn't get the memo on how to be a "normal person" and they went the Charlie Sheen route. Of course, if meth weren't available to them, white people also woudn't end up in jail. Because meth is the new crack but for whites.
If you're a good gang member, you don't do things that undermine the money train, like yourself getting addicted. If you do: jail. If you steal money, then you get busted. If you think you're going up the chain rapidly, jail. If you think you're going to go off script and run your own thing: jail. Like Carlin said, the Government hates competition.
It's helpful to point out that our prison system has become privatized so now the government doesn't have to deal with pesky regulations like keeping prisoners alive or healthy or safe. Prisoners are paid a miniscule fraction of the minimum wage for their labor in manufacturing deep-discounted public-sphere items. This is essentially slavery.
Basically, when a government manages the worlds illegal substances as 'regional interests'--ie: you get your cocaine from s. america, your meth from mexico, your opiates from afghanistan and s.e. asia--and then imports these substances, and then polices people regarding these substances, and then outsources the results of their policing, they are basically engaged in
Drugwalking, the casting of a wide net of illegal substances in order to kill users or incarcerate them at a profit, making money at each and every step so that all the middle men make very large profits and the america public is terrorized into giving up more of their money in order to feel safe.
Psychedelics are the solution to Addiction
The government also hates drugs that expand the mind, break mind control[4][5], break addictions to the products they sell[6][7], and basically do little to no harm themselves(mushrooms and pot respectively)[333]), and are sometimes medically invaluable in treating mental illness[8][9][10][11].
And in the case of suicide, instead of promoting proven psychedelic therapy, they promote more addictive heroin[12], again finding a new way to peddle their substances by politicking science and omitting and ignoring a favorable solution (that just happens to threaten the alcohol industry as well[13]).
Our country loves to keep all the best drugs available at a super low rate (except maybe pot), just high enough that they persist as actually extant within culture, and can be utilized for the urban legend psycholgoical 'stayaway' of the 'LSD jumping from building person'. The psychedelics are extremely rare. I am by no means an expert, but in college mushrooms were the hardest to get, then acid, then everything else. EDIT: DMT is so incredibly scarce I've never known anyone to actually get their hands on it. It seems like a myth.
It's very telling that meth, crack, heroin, painkillers and cocaine are widely available, so much so even than really good pot or hashish in states where it's not recreation-legal now. Basically, the drugs that kill you quickly are the ones that are most widely available.
EDIT: Abusable Plants that will kill you right away are also 100% legal. For example, datura, henbane, belladonna, brugmansia, all the tropanes that hundreds of floridian kids have died from in the absence of 100% safe marijuana as alternative to their curiousity. Note also these are plants used in witchcraft. Sayin'.
Killer Drugs
Isn't that interesting? It would seem at first that those authorities making these available would want the users to be dead. So why aren't they all dead?
The answer is there will always be users, because drug using is a type of self-medication for spriritual and mental disorders--although the classic 'narcotics' only make the situation worse and that's by design. You've heard of addictive personalities? If drug use is a mental disorder, and not simply "angry, stigmatic judgmentalism" against people, then when we stigmatize and berate drug users, we're basically doing the same thing as harassing / bullying a schizophrenic person online, or yelling "you're stupid" at a mentally-retarded person. It's mean. It's unhelpful. You create criminals by creating users and vice versa.
We're blaming the victims. Have we ever considered asking the question: who is creating and maintaining and managing the victims? No we don't. Why not? Because we know the answer already, and nothing ever changes. We don't want to ask this question because if we did, then we'd become immediately and fully aware that we have no power to stop it. Since we don't like being tied down and raped repeatedly by our government, we choose instead to love them and align with this. This is the essence of Cultural Stockholm Syndrome. I recommend you stop sympathizing with your rapists.
Because these rapists are the ones that occasionally get dupers' delight from mixing in fentanyl with the heroin and killing a user immediately[14]. It's what got Prince[15]. No one is immune to this kind of evil.
Public Service Announcement: Drug Harm
I want to close by pointing out how bullshit it is that alcohol, tobacco is legal and pot isn't.
Take a look at this chart of harm done to self/other by drugs. What's at the top? What's in the middle? What's at the bottom? The answers are alcohol (most dangerous), then cannabis after ALL the other illegal drugs that people actually can get / use / aren't from the 60s and then at the bottom, after steroids...ecstasy, lsd and finally dead last is mushrooms. Harm on mushrooms around 5th percentile (5% harmful)
About harm to others: it's vanishingly rare to have someone run over a child when driving while high on pot, yet with alcohol it's a daily event. You don't have a Potsmokers Anonymous where people get to talk about their sad stupid lives and failures to kick a habit, and I'm sure there's a nicotines anonymous but most people I know just grow a pair and quit (ex smoker 10 yrs now). In fact, if you did have a potsmokers anonymous, it would probably be a swingers club where people are either fucking, laughing at something dumb, or eating ice cream.
submitted by 911bodysnatchers322 to C_S_T [link] [comments]

The intelligent investors guide to cryptocurrency: Part 2 - FOMO My friend, My enemy. Make fear of missing out, work for you.

Introductions: I'm joskye. A cryptocurrency investor and holder.
 
...
 
FOMO. Fear of missing out.
 
So I told you about my biggest early success which turned into a mistake. Now I'll tell you of my biggest early mistake which I turned into lots of little successes.
 
Bitcoin.
 
At the time I re-entered cryptocurrency scene I put $6.4k into ETH. The story of what happened there was told in part 1.
 
Well the other thing is I believed a bitcoin breakout was occurring. I watched it unfold right in front of my eyes.
 
Around mid May 2016 when I decided now is the time to get into cryptocurrency I thought; "lets not put all my eggs in one basket. ETH may not go up for whatever reason".
 
 
I said to myself. "Nah, it's too expensive now. It's not going to go up further".
 
 
FUCK. It's $685 now... I have to buy. It'll keep going up! But it's so expensive now I wont put too much in. 1 bitcoin bought.
 
 
It's going to break the $1200 high. I don't know why it's going up. Something about China and Brexit in the cryptopress. I don't fully understand it but I see a trend... It'll keep going.
 
 
I read some vague bitcoin 2016 price predictions going as high as $5000 - No reasons given but it gives me hope and makes me complacent.
 
 
SHIT. No hold. This is just a stall, it'll keep going up!
 
 
Oh shit.
 
 
...
 
FOMO. I hope this story demonstrates it nicely. This is the psychology of the uneducated trader. The guy who doesn't live by the minute staring at the charts. The lazy guy who doesn't learn about trader psychology, ignores the mainstream news cycle, has bad press sources and listens to endless noise without filtering it out to find out the real factors that drive price rises and falls.
 
The market is mostly irrational until you realise how rationale it is (i.e. you learn what factors make it tick).
 
Every subsequent lesson is used to address FOMO.
 
 
Greed is good - it got you here. Greed is bad; it can ruin you.
 
You need enough greed to make the jump, and to make it early and fearlessly. That's how you make the most out of other people's FOMO.
 
...
 
FOMO can be good... It can be bad
 
I have made 5 significant trades based off FOMO in my early days of trading. 3 of them went bad. 2 of them went good. Lets analyse them:
 
-NAVcoin-
 
-My friend told me about the NAV. I didn't really understand it. I read the website and whitepaper and felt unimpressed. The price was up though so I bought some anyway. I bought close to the peak price at 0.000097btc/NAV, held it a few days before it corrected to 0.000089btc/NAV. I should have sold it immediately.
 
-Synereo AMP-
 
 
Can you see the mistakes I made there? All noob errors, assumptions and emotional hopium ignoring my wilful ignorance and lack of underlying belief. Thank god I hadn't bought more and placed FOMO money only in proportion to my belief in the project it was representing i.e. here I spent very little of my total capital pool in cryptocurrency.
 
-XAURUM-
 
 
-MONERO/XMR-
 
 
-Shadowcash-
-Once again, I got really lucky. I was in the right place at the right time.
 
...
 
Lessons:
 
 
 
...
 
I no longer join FOMO rallies. I've seen them end too badly, suddenly and unless I know the coin well I often time entry too late. Most of the time you will too.
 
Yes you might get lucky but it's better to know when to buy a cryptocurrency coin early and why. It's far better to know what makes a cryptocurrency work; what gives it value for the long term; what makes it worth holding in spite of price corrections.
 
 
With this in mind the next lessons will deal with cryptocurrency valuations, price metrics and identifying coins of value, worth holding. We'll eventually talk about crypto strategies that allow you not to worry about screen checking the exchange every minute as well as one's that do.
 
By the end of this I hope you'll know enough to pursue any mix of trading/investor strategy you want with improved success!
 
...
 
Further articles in this series:
 
"The intelligent investors guide to cryptocurrency"
 
Part 0 -
Part 1 -
Part 2 -
Part 3a -
Part 3b -
Part 4 -
Part 5 -
Part 6 -
Part 7a -
 
"The intelligent investors guide to Particl -"
 
 
...
 
Full disclosure/Disclaimer: At time of original writing I had long positions in Ethereum (ETH), Shadowcash (SDC), Iconomi (ICN), Augur (REP) and Digix (DGD). All the opinions expressed are my own. I cannot guarantee gains; losses are sustainable; do your own financial research and make your decisions responsibly. All prices and values given are as of time of first writing (Midday 30th-Dec-2016).
 
Second disclaimer: Please do not buy Shadowcash (SDC), the project has been abandoned by it's developers who have moved on to the Particl Project (PART) (www.particl.io). The PARTICL crowd fund and SDC 1:1 token swap completed April 15th. You can still exchange SDC for PART but only if it was acquired prior to 15th April 2017 see: https://particl.news/a-community-driven-initiative-e26724100c3a for more information.
 
Addendum: Article updated 23-11-2017 to edit references to SDC (changed to Particl where relevant to reflect updated status), add a disclaimer about shadowcash and clean up formatting.
submitted by joskye to Particl [link] [comments]

If Silk Road accounted for 7,362 transactions per day, why didn't its takedown impact the daily transaction rate more significantly?

This article states that, according to the Feds, Silk Road accounted for an average of 7,362 transactions per day. Bitcoin currently has 50K-60K transactions per day. Why didn't SR's takedown cause any significant drop in bitcoin daily transactions?
submitted by ShatosiMakanoto to Bitcoin [link] [comments]

Weekly Roundup | Random Chat | Notifications

News roundup for the previous week.
In International news
  1. Farcical US election is evidence of Washington's hypocritical democracy: China
  2. Russia warns South Korea of consequences if THAAD deployed
  3. Russia, China have good prospects for cooperation development - China’s Commerce Minister
  4. President al-Assad to Chinese Phoenix TV: any foreign troops coming to Syria without permission are invaders-video
  5. Ray McGovern on Russia, China, and U.S. Exceptionalism
  6. Chinese fugitive officials have nowhere to hide: By the end of 2016, 2,566 fugitives had been extradited or repatriated from over 90 countries and regions, with assets worth about 8.6 billion yuan ($1.25 billion) recovered
  7. Trump could be handing a big gift to China: Without the TPP facilitating capital flows, China is likely to overtake the U.S. as the largest source of foreign direct investment for ASEAN. China has seized the opportunity afforded by Trump’s wall on the U.S. border with Mexico to reach out
  8. Solar power growth leaps by 50% worldwide thanks to US and China: The amount of solar power added worldwide soared by some 50% last year because of a sun rush in the US and China, new figures show
  9. Trump reportedly plans to host China's president in April
  10. International Women’s Day in China: Chinese Women Dominate List of World’s Female Billionaires
  11. Chinese cruise passengers put patriotism above tourism by skipping South Korean port visit
  12. N. Korea, THAAD key topics for Trump's summit with Xi: White House
  13. 3,300 Chinese cruise passengers stage boycott at South Korean resort amid missile shield row: A Jeju official was quoted as saying that smaller groups of Chinese tourists had refused to ­disembark in Jeju in recent days but the scale of this protest was surprising
  14. Brics Plus: China wants more countries in grouping; will India's influence be reduced? Chinese foreign minister Wang Yi has come up with the idea of expanding the membership of the five-nation economic grouping too include other emerging economies like Mexico, Pakistan and Sri Lanka
  15. One of China's 'Most-Wanted' Fugitives Returns From US to Surrender: Wang Jiazhe is the 39th fugitive on the list to return
  16. No need to choose between China and United States, Premier Li Keqiang says
  17. Korean crisis: Chinese Premier Li Keqiang doesn't want chaos on China's doorstep
  18. Tillerson to warn China of sanctions over North Korea
  19. China: We respect Philippines' rights over Benham Rise
  20. China pledges firm response if Japan interferes in South China Sea
  21. Trump’s Top China Expert Isn’t a China Expert (lol)
  22. Why China Wants In on Syria's Reconstruction Program
  23. Tan Zhongyi, 25-Year-Old Female Chinese Chess Player Wins 2017 Women's World Chess Championship
  24. Saudi Arabia, China sign deals worth up to $85 billion
  25. China's Fan wins 3rd straight women's 500m gold at short track worlds
  26. The next meeting for the Trans-Pacific Partnership (TPP) will be held in Chile's capital Santiago after the withdrawal of the United States and with the participation of China
  27. Beijing, Saudi Arabia agree to more oil cooperation, exports to China
  28. China, U.S. in talks on meeting between presidents
  29. UK is helping China build a new Silk Road: January, the first freight train from China’s eastern town of Yiwu arrived in London. So far, leaders from more than 20 countries across Asia, Europe, Africa and Latin America have confirmed attendance to Beijing's Belt and Road Forum in May
  30. US and China agree tensions on Korean Peninsula are at a 'rather dangerous level'
  31. Travel booms as China, Philippines improve ties
  32. China ready to help build Mindanao railway
  33. PM Benjamin Netanyahu flies to China amid coalition crisis
In Domestic news
  1. China praises courts for punishing state security crimes
  2. "China's population to peak to 1.45 billion by 2030"
  3. China to Step Up Observations, Tourism in South China Sea: China is expanding its presence in the South China Sea with plans to build an underwater observation system and to send tourists to the disputed areas
  4. Chinese officials ring alarm bells as IS video shows militants vowing to launch attack
  5. China says investment will help unification with Taiwan
  6. "China's Communist Party hardens rhetoric on Islam"
  7. New rules forbid retired officials in Beijing from practicing religious activities
  8. Lhasa tops China's happiest cities in 2016: CCTV poll
  9. China legislature giving more seats to women, workers
  10. ‘When are you going back to Arabia?’: How Chinese Muslims became the target of online hate
  11. China consumer day show skewers Nike shoes, Muji foods
  12. A New Baby Boom Is Happening in China's Smaller Cities
  13. Beijing ‘to slash foreign picture book numbers’: publishers urged to focus on domestically generated books
  14. China's new bitcoin rules call for identity check
  15. Over Half Say Gender Equality on the Rise in China: Survey canvassed 2,002 Chinese, 23.4 percent of whom came from the countryside
  16. The chart that shows China’s baby-making frenzy since it lifted its one-child policy: The country recorded 18.46 million live births in 2016, leading to “the largest annual number of newborns since 2000"
  17. China to cut Foreigners Some Slack, Will Start Issuing 5-Year Work Permits
  18. China rebrands Cold War nuclear bunker as tourist draw
  19. China Decreased Their Fossil Fuel Use While Increasing Their Energy Use
  20. When China’s White-Hat Hackers Go Patriotic: after Lotte Group’s website crashed, Huaxia Hacker Alliance took credit. Huaxia advertises themselves as white-hat. Since the 1990s, many Chinese hackers have readily exchanged white-hats for red-hats 红帽子 whenever they feel their nation is under assault
  21. Put us on the map, please: China's smaller cities go wild for starchitecture
In SciTech news
  1. A new approach to improving lithium-sulfur batteries: authors include researchers from Northwestern Polytechnical University, Shenzhen University and Hong Kong Polytechnic University in China
  2. Hong Kong university reveals complete genetic sets of nasopharyngeal cancer: Chinese University findings may lead to development of new drugs for a more targeted approach in treating patients
  3. Diabetes drug may be effective against deadly form of breast cancer, study suggests: Researchers in China have discovered that a metabolic enzyme called AKR1B1 drives an aggressive type of breast cancer
  4. China is working on a new manned spaceship that can fly both in low earth orbit, as well as a moon landing mission. The spacecraft is recoverable and can carry six people in low earth orbit and three to four in a moon landing mission
  5. China's Didi launches Silicon Valley research hub
  6. China Fast Catching up With AI Robots Manufacturing
  7. First results of CRISPR gene editing of normal embryos released: team in China has corrected genetic mutations in some of the cells in three normal human embryos using the CRISPR genome editing technique. The latest study is the first to describe the results of using CRISPR in viable human embryos
  8. Two Chinese win Science Prizes
  9. Researchers assemble five new fully artificial yeast chromosomes: A team at Tsinghua University led an effort where six teams built in pieces synthetic chromosome XII (synXII), which was then assembled into a final molecule more than a million base pairs (a megabase) in length
  10. Baidu’s Artificial Intelligence Lab Unveils Synthetic Speech System: The Chinese search giant’s Deep Voice system learns to talk in just a few hours with little or no human interference
  11. China to Unveil World's First Civilian Sub Developed Jointly With Russia by 2018: China is set to unveil a civilian submarine, developed with participation of Russian scientists, by the end of the year
  12. The Next U.S.-China Arms Race: Artificial Intelligence? Currently, PLA thinkers anticipate the advent of an “intelligentization Revolution in Military Affairs” that will result in a transformation from informatized ways of warfare to future “intelligentized” (智能化) warfare
  13. The future is here: China sounds a clarion call on AI funding, policies to surpass US: Artificial intelligence has made its way on to the agenda of the government’s annual political show in Beijing, urged on by the country’s business and technology elites
  14. China's Space Station: Tianhe-1 module to be followed by Tianzhou-2, Shenzhou-12. Tianzhou-2 will dock with and supply Tianhe-1 in low Earth orbit. Shenzhou-12 crewed spacecraft will visit Tianhe-1, which is the first of three large modules that will make up the completed Chinese Space Station
  15. China outpaces India in internet access, smartphone ownership
  16. Beijing to release national artificial intelligence development plan: Wan Gang, the minister of science and technology, said the plan, which aims to facilitate the adoption of the technology in a wide range of areas, including “economy, social welfare, environmental protection and national security”
  17. The secret Maoist Chinese operation that conquered malaria — and won a Nobel - Salon.com
  18. Researchers in China have developed Graphene solar panels that can generate electricity from raindrops. The solar panels with a respectable 6.53 percent solar-to-electric conversion efficiency allows generation of power during periods of clouds and rain.
  19. China starts building huge cosmic-ray observatory to study the evolution of the universe
  20. China’s Undersea Lab Station to Boost Country’s Deep-Sea Research Efforts: undersea lab station is planned to hold up to 12 people and last for months underwater
  21. BeiDou navigates its way to global stage: system with a constellation of 35 satellites by 2020. GLAC to set up an alliance for enterprises that seek to take BeiDou products and solutions to markets along the Belt and Road Initiative
  22. A new clip from Science Channel's "Impossible Engineering" highlights the astonishingly large Five-hundred-meter Aperture Spherical radio Telescope (FAST) in China
  23. Cube iWork1x Review - Z8350 2-in-1 Windows 10 Tablet
  24. How China is Becoming a World Leader in Artificial Intelligence: Data Ecosystem - large volume of user data for algorithms and AI programs. Research and development - AI patent applications grew 186% from previous 5 years. Strong growth projected - 202 Chinese AI startups raised US$1 billion in 2016
In Economic news
  1. The New Industrial Revolution In China Is Here
  2. After $225 Billion in Deals Last Year, China Reins In Overseas Investment - The New York Times
  3. The European Patent Office published its 2016 annual report today, showing an “unprecedented level of patent filings,” and underlining the growing number of patent applications from China
  4. China to start intellectual property rights pilot reform
  5. Ivanka Trump was importing 50 tonnes of Chinese clothing as her father was saying 'buy American'
  6. What Trump Doesn't Understand About China's Entrepreneurial Culture - China doesn't want to be the world's technology manufacturer; it wants to displace Silicon Valley as the world's technology innovator.
  7. The Truth About doing business in China from Alibaba, Didi Chuxing
  8. Trump is already losing to China in technology
  9. China poised to top global corporate patents
  10. Competing with the Chinese Factory of 2017 - Deep manufacturing expertise and extensive supply chains give China a lead that will be tough to overcome.
  11. Chinese pharma firms target the global market
  12. Being bullish on China is no longer an outlier view
  13. Clean Energy Could Spark a Trade War Between the US and China
  14. Chinese enterprises hired some 1.5 million foreigners overseas in 2016 amid their rapid global expansion, China's commerce minister said. Overseas Chinese enterprises recorded 1.5 trillion U.S. dollars in sales volume last year, bringing 40 billion U.S. dollars of taxes to host countries
  15. China's Sinopec nears deal to buy Chevron's South African assets
  16. While Trump complains about open markets, China and Germany are embracing free trade
  17. Russian scientists and Chinese business collaboration development
  18. 'Global powerhouse' business competition with ties to China now in Toronto
  19. China reins in overseas investment after $300b in 2016
In Military news
  1. China will use steam catapults on its third aircraft carrier instead of electromagnetic launch but the fourth will mostly catchup to US technology
  2. The PLA’s Potential Breakthrough in High-Power Microwave Weapons: In the near term, the PLA’s probable employment of this HPM could be as a ship-borne anti-missile system or to reinforce China’s air defense systems
  3. China developing military drones that can evade radar, anti-aircraft weapons: CASIC is also interested in developing near-space drones, which would travel in Earth's atmosphere at altitudes of 20 to 100km, above the top altitudes of commercial airliners but below orbiting satellites
  4. China to intercept 'intruding' aircraft, follow military vessels amid efforts to strengthen navy
  5. Inside China’s High-Tech Space-Based Laser Arsenal: If Beijing’s military provides the funding for the scientists’ proposed five-ton chemical laser, it could be operational by 2023. The weapon would be capable of destroying enemy satellites in orbit from its position in lower Earth orbit
  6. China ready to neutralise THAAD, retired PLA general says: All the country’s armed forces had the capacity to interfere with radar signals. Yue said an ideal place to install the Chinese equipment was on the Shandong peninsula on the country’s east coast, opposite South Korea
  7. Report: Israel Passes U.S. Military Technology to China
  8. Tillerson puts military action 'on the table' over North Korea
  9. Pakistan has inducted an advanced Chinese made LY-80 (LOMADS) Surface to Air missile defence system to secure its airspace from any sort of misadventure, a statement from the ISPR said
  10. China to expand marine corps for deployment in Gwadar, Djibouti: China is constructing a naval base in Djibouti to provide logistical support in one of the world's busiest waterways in the Indian Ocean
  11. Stealth fighter soon powered by local engines: "It will not take a long time for our fifth-generation combat plane to have China-made engines," said Chen Xiangbao, vice-president of the AECC Beijing Institute of Aeronautical Materials
  12. China begins new work on disputed South China Sea island: An image of North Island in the Paracels group taken on March 6 shows recent work including land clearing and possible preparation for a harbour to support what experts believe may be eventual military installations
Other Notables
  1. Is Google another step closer to being unblocked in China?
  2. Mainland Chinese student 'detained for spying' in Taiwan is a anti-CCP KMT supporter
  3. Sun Wukong's Journey to the West | WooKong
  4. Pictures: Naigu stone forest in China's Yunnan
  5. The Great Wall of China on a cold day (x-post Damnthatsinteresting)
  6. [Analysis South Korea part 2] Fourth months ago before mainstream medias , I made an analisys on the situation of south Korea on this sub , this is the second part , just an update
  7. South Korea: Park's exit seen as chance to reset China relations
  8. Britain can be a key partner in China's new Silk Road
  9. Chinese Actors Don’t Have to Settle for Hollywood’s Racism Anymore
  10. While the West Fiddles, China Races to Define the Future
  11. The Rise of China and the Future of the West
  12. How We Address Strangers, How We View the World (East Asians, like the Chinese, Address Strangers via Familial Titles, "Uncles" or "Aunties", Europeans Use "Mister", Which Originated From An Aristocratic Title "Master", a commonly used English honorific for men under the rank of knighthood)
  13. China Could Reshape the Post-U.S. World Order, but Does It Want To?
  14. "Iron Fist" (Kung fu cultural appropriation) has flopped hard
  15. The Kingdom of Women: China’s ‘lost tribe’ of matriarchs, the Mosuo | Post Magazine
  16. Casting of white actors in college play causes furor at Central Washington U: They were using historical derogatory slurs — equivalent of the N-word for Chinese Addison complained. Robinson said We’re not looking for any kind of ethnic...it wouldn’t be uncommon to cast an Asian person as Hamlet
  17. Oldest-Known Image of Confucius Found in Tomb of Disgraced Han Dynasty Emperor
  18. American Unrest Proves China Got the Internet Right
  19. Meet China’s SexyCyborg: does projects to show creative culture. What reactions do you get? (clothes) Overwhelmingly positive in China. Intersection between beautiful women and creativity goes back thousands of years. As for people in the West, my appearance seem to be more important than anything
  20. Ghost in The Shell PSA
  21. Pictures: Fairyland on earth Baishi Mountain in Hebei, China
  22. (x-post from AI) Asian American artist Joshua Luna and his take on the upcoming Iron Fist show
  23. Beijing's Dancing Grannies Put on Headphones
  24. 16 Must-Know Etiquette Rules for Your Next Trip to China
  25. Mysterious pyramid-shaped tomb discovered under Chinese construction site
  26. Trump prepares to pass the world leadership baton to China
  27. Forgotten ally? China's unsung role In World War II (As the 1st Nation to enter WW2, with total casualties at more than 14 million, If China had surrendered in 1938, History might be very different)
  28. "Shen Yun - The First Time I Left a Performance"
  29. 4K Timelapse: BEIJING IN MOTION 2017
  30. Harbin Opera House
  31. Pictures: Scenery of Suzhou Lion Grove Garden
  32. Westerners Want Chinese To Understand China Through Western Concepts
  33. Lightning-quick cashier counting goes viral online
  34. World's Longest Single Spherical Hinge Bridge Section Completes Rotation In North China City
submitted by AutoModerator to Sino [link] [comments]

Bitcoin Black Market: Atlantis vs. Silk Road -- Bitcoins Seized? -- Small Business Bitcoin Bitcoin Kurs Absturz auf 4.400 USD?  Was ist mit IOTA los?  Ripple News  4 Gründe für BTC Bitcoin & Ethereum am Abgrund - Bitcoin Price Is Likely to Plunge to $1K, Says Silk Road Founder  BTC Halving 2020 Countdown Bitcoin Prices Surge -- Silk Road: The Movie -- Bitcoin Erotica!

This page displays the number and size of the unconfirmed bitcoin transactions, also known as the transactions in the mempool. It gives a real-time view and shows how the mempool evolves over the time. The transactions are colored by the amount of fee they pay per (virtual) byte. The data is generated from my full node and is updated every minute. Note that in bitcoin there is no global ... This article is titled “The Long and Winding Road to $10 million Bitcoin”. We can picture that road. It looks something like this: Bitcoin and the cryptocurrency space is in total disarray ... The infamous Silk Road marketplace was shut down six years ago, but the repercussions of the illicit site still echo today. Investigations into those who used the Dark Web site to traffic in illegal goods, especially narcotics, are still ongoing, and law enforcement recently announced the arrest of a major drug trafficker who had been attempting to launder a staggering $19 million in Bitcoin. Bitcoin price historically dropped to ~ $14,000, but later that day it reaches $16,250 15 December 2017 $17,900 Bitcoin price reached $17,900 22 December 2017 $13,800 Bitcoin price loses one third of its value in 24 hours, dropping below $14,000. 5 February 2018 $6,200 Bitcoin's price drops 50 percent in 16 days, falling below $7,000 Timeline An Abridged History of Bitcoin. What started as an ... Warning: Silk Road 3&3.1 EXIT SCAM USE: Silk Road 4 (SAFE & Legit) LINK: silkroadxjzvoyxh.onion (online). The Silk Road 3.1 is the most renowned darknet markets.In this article, we will be disclosing the steps in which you will be able to access the Silk Road 3.1. The Silk Road was originally established by Ross William Ulbricht after which the marketplace is termed as the first and the most ...

[index] [10445] [2641] [24518] [49643] [23825] [42964] [10931] [40519] [49122] [29334]

Bitcoin Black Market: Atlantis vs. Silk Road -- Bitcoins Seized? -- Small Business Bitcoin

Bitcoin Kurs Absturz auf 4.400 USD? 4 Gründe für BTC Was ist mit IOTA los? Ripple News Inhaltsverzeichnis: 0:36 - Markt Update 2:20 - Bitcoin Kurs Abst... This video is unavailable. Watch Queue Queue. Watch Queue Queue Queue This video is unavailable. Watch Queue Queue. Watch Queue Queue Cape Town, South Africa -- I'm hoarding hyperinflation and I'm coming in for a hard landing. -- Here are today's MadBits: Bitcoin prices are steady. near the $100 mark. With a Last of 102, a High ... “Bitcoin halving countdown”, “Bitcoin halving price chart” and “Bitcoin halving clock” are all currently trending on Google as breakout searches in the US. “Bitcoin halving ...

#