There are so many benefits to using a cryptocurrency, that it would seem foolish to neglect such an invention. For example, it allows you to send money anywhere in the world in an instant, with basically no fees involved. Everyone can be included in the financial system, it will change the way we interact with money, it can prevent fraud, and much more.
Tuesday, December 31, 2019
Ripple's Close Ties to XRP May Haunt the Crypto Throughout 2020
from #Bitcoinmovement https://ift.tt/2ZFBbxE
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2Qyiuba
via IFTTT
Kucoin News
from #Bitcoinmovement https://ift.tt/2MK2qSF
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2uaUK5D
via IFTTT
Recap of Cryptocurrency Regulation and Adoption in 2019
from #Bitcoinmovement https://ift.tt/2SJ2mqa
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2ML3WEd
via IFTTT
3 January and the Bitcoin Genesis Block
from Google Alert - Bitcoin https://ift.tt/2tfjKIh
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2QzjlbI
via IFTTT
A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming
from Google Alert - Bitcoin https://ift.tt/2ssivpi
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2Qb23T8
via IFTTT
Wall Observer BTC/USD
from Google Alert - Bitcoin https://ift.tt/2SKmxUn
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2SHPZKY
via IFTTT
Bitcoin price usd
from Google Alert - Bitcoin https://ift.tt/39xIHj0
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2rNEWVw
via IFTTT
Biggest Bitcoin Wallet Company
from Google Alert - Bitcoin https://ift.tt/37oQXzH
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/37pu2nV
via IFTTT
Daily Discussion - January 1, 2020 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Comments will be sorted by newest first.
To see prior Skeptics Discussions, click here.
Submitted December 31, 2019 at 06:12PM by AutoModerator https://ift.tt/2F7l8iQ https://ift.tt/2Z7cX2s
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2ZHc91l
via IFTTT
Monthly Skeptics Discussion - January 2020
Welcome to the Monthly Skeptics Discussion thread. The goal of this thread is to promote critical discussion by challenging popular or conventional beliefs.
This thread is scheduled to be reposted on the 1st of every month. Due to the 2 post sticky limit, this thread will not be permanently stickied like the Daily Discussion thread. It will often be taken down to make room for important announcements or news.
Rules:
- All sub rules apply here.
- Discussion topics must be on topic, i.e. only related to skeptical or critical discussion about cryptocurrency. Markets or financial advice discussion, will most likely be removed and is better suited for the daily thread.
- Promotional top-level comments will be removed. For example, giving the current composition of your portfolio or stating you sold X coin for Y coin(shilling), will promptly be removed.
- Karma and age requirements are in full effect and may be increased if necessary.
Guidelines:
- Share any uncertainties, shortcomings, concerns, etc you have about crypto related projects.
- Refer topics such as price, gossip, events, etc to the Daily Discussion.
- Please report top-level promotional comments and/or shilling.
Resources and Tools:
- Read through the CryptoWikis Library for material to discuss and consider contributing to it if you're interested. r/CryptoWikis is the home subreddit for the CryptoWikis project. Its goal is to give an equal voice to supporting and opposing opinions on all crypto related projects. You can also try reading through the Critical Discussion search listing.
- Consider changing your comment sorting around to find more critical discussion. Sorting by controversial might be a good choice.
-
Click the RES subscribe button below if you would like to be notified when comments are posted.
To see prior Daily Discussions, click here.
-
Thank you in advance for your participation.
Submitted December 31, 2019 at 06:13PM by AutoModerator https://ift.tt/2MIbrM8 https://ift.tt/2Z7cX2s
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/35eexO0
via IFTTT
Japanese Business to Business Payments Firm JCB Partners Blockchain Developer Keychain to ...
from Google Alert - Blockchain https://ift.tt/2ZEA0yE
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2rL9mHZ
via IFTTT
Happy new year and a wealthy new decade. Thx Satoshi for this awesome decade. ありがとうございます
Submitted December 31, 2019 at 05:18PM by chek2fire https://ift.tt/2F6oFxZ https://ift.tt/2Z7cX2s
Ripple's Close Ties to XRP May Haunt the Crypto Throughout 2020
from #Bitcoinmovement https://ift.tt/2ZFBbxE
via IFTTT
Kucoin News
from #Bitcoinmovement https://ift.tt/2MK2qSF
via IFTTT
Recap of Cryptocurrency Regulation and Adoption in 2019
from #Bitcoinmovement https://ift.tt/2SJ2mqa
via IFTTT
3 January and the Bitcoin Genesis Block
from Google Alert - Bitcoin https://ift.tt/2tfjKIh
A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming
from Google Alert - Bitcoin https://ift.tt/2ssivpi
Wall Observer BTC/USD
from Google Alert - Bitcoin https://ift.tt/2SKmxUn
Bitcoin price usd
from Google Alert - Bitcoin https://ift.tt/39xIHj0
Biggest Bitcoin Wallet Company
from Google Alert - Bitcoin https://ift.tt/37oQXzH
Daily Discussion - January 1, 2020 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Comments will be sorted by newest first.
To see prior Skeptics Discussions, click here.
Submitted December 31, 2019 at 06:12PM by AutoModerator https://ift.tt/2F7l8iQ https://ift.tt/2Z7cX2s
Monthly Skeptics Discussion - January 2020
Welcome to the Monthly Skeptics Discussion thread. The goal of this thread is to promote critical discussion by challenging popular or conventional beliefs.
This thread is scheduled to be reposted on the 1st of every month. Due to the 2 post sticky limit, this thread will not be permanently stickied like the Daily Discussion thread. It will often be taken down to make room for important announcements or news.
Rules:
- All sub rules apply here.
- Discussion topics must be on topic, i.e. only related to skeptical or critical discussion about cryptocurrency. Markets or financial advice discussion, will most likely be removed and is better suited for the daily thread.
- Promotional top-level comments will be removed. For example, giving the current composition of your portfolio or stating you sold X coin for Y coin(shilling), will promptly be removed.
- Karma and age requirements are in full effect and may be increased if necessary.
Guidelines:
- Share any uncertainties, shortcomings, concerns, etc you have about crypto related projects.
- Refer topics such as price, gossip, events, etc to the Daily Discussion.
- Please report top-level promotional comments and/or shilling.
Resources and Tools:
- Read through the CryptoWikis Library for material to discuss and consider contributing to it if you're interested. r/CryptoWikis is the home subreddit for the CryptoWikis project. Its goal is to give an equal voice to supporting and opposing opinions on all crypto related projects. You can also try reading through the Critical Discussion search listing.
- Consider changing your comment sorting around to find more critical discussion. Sorting by controversial might be a good choice.
-
Click the RES subscribe button below if you would like to be notified when comments are posted.
To see prior Daily Discussions, click here.
-
Thank you in advance for your participation.
Submitted December 31, 2019 at 06:13PM by AutoModerator https://ift.tt/2MIbrM8 https://ift.tt/2Z7cX2s
Japanese Business to Business Payments Firm JCB Partners Blockchain Developer Keychain to ...
from Google Alert - Blockchain https://ift.tt/2ZEA0yE
Monday, December 30, 2019
Minority owner, operator try to keep Butte Bitcoin mine open
from Google Alert - Bitcoin https://ift.tt/2MFUmSI
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/36dkxbf
via IFTTT
Bitcoin Will Close 2020 Above $12000, Mike Novogratz Predicts
from Google Alert - Bitcoin https://ift.tt/2QBsOiL
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/356MGQ5
via IFTTT
Analyst Bob Loukas Sees Bitcoin (BTC) Returning to All-Time Highs in 2020
from Google Alert - Bitcoin https://ift.tt/2F5D0dM
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/35cNB1a
via IFTTT
Daily Discussion - December 31, 2019 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Comments will be sorted by newest first.
To see prior Skeptics Discussions, click here.
Submitted December 30, 2019 at 06:08PM by AutoModerator https://ift.tt/36b5NK9 https://ift.tt/2Z7cX2s
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2MHjSHq
via IFTTT
Blockchain Week in Review - December 2019 #2
from Google Alert - Blockchain https://ift.tt/2tXUIO7
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2Q8x8Hc
via IFTTT
India Wants to Organize Blockchain Courses Next Year
from Google Alert - Blockchain https://ift.tt/2sBlKKR
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/35bfyXt
via IFTTT
Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners
2019 was known for the growing trend of stealth miners mining on the BTC and BCH network. On Dec. 30, data shows that 68% of the Bitcoin Cash network’s hashrate is being mined by mystery miners. As the year comes to an end, the large number of unknown BCH hashrate has attracted scrutiny.
Also Read: Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail
68% of the BCH Hashrate Was Recently Processed by Unknown Miners
On Monday, a post on the Reddit forum r/btc explained that “untrusted hash is at nearly 70%.” The r/btc thread detailed that on Dec. 30, statistics indicate that roughly 68% of the overall BCH hashrate is being processed by miners not willing to disclose their identity. When a known mining pool finds a block, in the coinbase there’s usually a message which identifies who mined the block. However, in 2019 both SHA-256 networks BTC and BCH saw a significant increase in mystery miners processing the chains. In January, two research reports noticed the increasing trend of unknown miners as Coin Metrics and Diar both published findings on the subject. At the time, Diar’s report said that unknown miners could be “concerning” and just because the miner does not disclose its identity, it doesn’t mean the hash is not from a known pool. Coin Metrics wrote that the analytics firm also noticed a resurgence of mystery miners during the start of 2019.
A few weeks before the Bitcoin Cash upgrade that took place on Nov. 15, BCH proponents discovered 44% of the BCH hashrate was processed by unknown miners. At the time, speculators assumed the stealth hash belonged to roughly 3-4 different pools. The reason for the theory is because there are unique messages in the block’s coinbase for each unknown mining entity. Today, there are a few coinbase messages that read: “d B ^//bf Oe?D 5F” and another pool uses this message: “^//KFy{Ʊ!+.” Besides clues like the different coinbase messages, no one truly knows who is behind the unknown BCH hashrate. During the discussion on r/btc, a few individuals took issue with calling the unknown miners “untrusted.” “‘Untrusted hash’… isn’t that how it’s supposed to be?” a person asked on the Reddit forum and also left a quote from Satoshi’s white paper that said:
We have proposed a system for electronic transactions without relying on trust.
Are Stealth Miners Untrustworthy?
The Reddit user dubbed ‘Lovelyday,’ the BCH supporter who wrote the original post, responded to the critique for using the term “untrusted.” “Sure, the ‘ideal’ situation in Bitcoin would be if every miner were unknown, and Bitcoins were so valuable that there’d be absolute incentive for the majority of the hash to protect the Bitcoin that observes the economic model laid out in the white paper,” Lovelyday said. “Comparing against where we are today… we are a little ways off, with historical precedent for hashpower actually trying to destroy Bitcoin Cash — That’s why I used the term ‘untrusted’ as a blanket term for the unidentified hashrate that is > 50% — We can’t trust them, neither should we,” the Redditor added. Lovelyday further stated:
Should we trust the identified hashrate? Probably not much more, but at least we can compare their actions to their stated intentions, and hold them to account by switching to pools that act in ways we prefer.
A few other BCH supporters disagreed and stressed that the Nov. 15, 2018 hash war that created BSV was the perfect example. “A 51% attack would be extraordinarily expensive to sustain on a network as large as BCH — And it wouldn’t work because of all the miners that support us,” another individual commented on the thread. In addition to the stealth miners processing hash on the BCH network, a growing number of unknown miners are mining BTC and BSV as well. At the time of writing, BTC hashrate distribution shows 26% of the hashpower is being processed by unknown pools and there’s 30% on the BSV network today.
What do you think about the resurgence of unknown miners taking away the dominance of known mining pools? Let us know what you think about this subject in the comments section below.
Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any ideas, concepts, content, goods or services mentioned in this article.
Image credits: Shutterstock, Pixabay, Blockchain.com, Wiki Commons, and Coin Dance.
Want to create your own secure cold storage paper wallet? Check our tools section. You can also enjoy the easiest way to buy Bitcoin online with us. Download your free Bitcoin wallet and head to our Purchase Bitcoin page where you can buy BCH and BTC securely.
The post Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners appeared first on Bitcoin News.
from Bitcoin News https://ift.tt/39q9rBD
via IFTTT
BitMart is a scam
Don't be stupid like I was and deposit crypto into the BitMart exchange because you will never get it back. They allow you to deposit without KYC but then they require KYC to withdraw and they have a ridiculous KYC process (a million different things, selfies, etc, all of which I provided)... they will just keep rejecting what you provided for stupid reasons. Basically they use the KYC process as a tool to prevent users from ever withdrawing their crypto.
Please upvote so that other people will be warned not to use this scam exchange.
Submitted December 30, 2019 at 02:52PM by 363363 https://ift.tt/36eRd44 https://ift.tt/2Z7cX2s
Chinese Bitcoin Miners Pressured to Scale Down Due to Electricity Shortages By Cointelegraph
from Google Alert - Bitcoin https://ift.tt/2F3FPw2
BitcoinTV by Altcoin Daily on YouTube
Last year, my 2019 Bitcoin price prediction video was seen as “controversial”. I think it held up pretty well. In THIS video I give my prediction and reasoning as to what the price of Bitcoin will be at the end of 2020. Follow us on Twitter: https://twitter.com/AltcoinDailyio Last Years Video https://www.youtube.com/watch?v=pvIhfB39tnU&t=323s *********************************************************************** 🏺Support The Channel!!🏺 Support us on Patreon here 👇 and be a part of exclusive content and voting power https://ift.tt/2XP9Rwa Protect and store your crypto with a Ledger Nano: https://ift.tt/2TrQMjV Sign up for Coinbase & get $10 in free Bitcoin: https://ift.tt/2Su1xhr Earn Bitcoin For everyday online purchases: https://ift.tt/2MI3KqO Fold App: Get 20,000 sats by using my referral code: GfRlgojH. https://ift.tt/38PD3Ik 🏺Buy Me A Beer 🏺 ►BTC: 3DYCrB2RCrREM6y3Ahxxuv9JjSVd6yrbz4 ►BTC: 3DYCrB2RCrREM6y3Ahxxuv9JjSVd6yrbz4 *********************************************************************** #bitcoin #like #cryptocurrency #news #btc #ethereum #eth #cryptocurrency #litecoin #altcoin #altcoins #eos #forex #money #best #trading #bitcoinmining #invest #trader #cryptocurrencies #top #investing #entrepreneur #business #success #investment #finance #bitcoins #motivation #coinbase #stocks #wallstreet #investor #ico #wealth #bullish #bearish #cryptolive #altcoindaily #cardano #xrp #ripple ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, decentralized, news, best investment, top altcoins, ripple, ethereum, tron, stellar, binance, cardano, xrp, litecoin, 2019, 2020, crash, bull run, bottom, crash, tether, bitfinex, rally, tone vays, ivan on tech, chico, video, youtube, macro, price, prediction, podcast, interview, price, prediction, halving, halvening, 10k, 20k, 30k, 50k, my, my 2020, 🚀, Special Thanks: Ian Baxter Carlos Alea Bare Bones Mining Louie Hernandez
View on YouTube
Music Therapy, Blockchain, and SynBio: A Spotlight on 2019 Faculty Publications
from Google Alert - Blockchain https://ift.tt/2QxWw8f
Police struggle to trace kidnappers demanding bitcoin
from #Bitcoinmovement https://ift.tt/36mbzsx
via IFTTT
This Cryptocurrency Plunges 14% With Rumors That Big Investors are Dumping
from #Bitcoinmovement https://ift.tt/2MGoLR9
via IFTTT
UN Chief: UN must embrace blockchain technology
from #Bitcoinmovement https://ift.tt/2rKPXXC
via IFTTT
The Biggest Crypto Winners and Losers of 2019
from #Bitcoinmovement https://ift.tt/36b7DL3
via IFTTT
Cryptocurrencies More Valuable Than You Think
from #Bitcoinmovement https://ift.tt/2QxUV2f
via IFTTT
Best Cryptocurrency of 2019
from #Bitcoinmovement https://ift.tt/2QBtuVl
via IFTTT
Minority owner, operator try to keep Butte Bitcoin mine open
from Google Alert - Bitcoin https://ift.tt/2MFUmSI
Bitcoin Will Close 2020 Above $12000, Mike Novogratz Predicts
from Google Alert - Bitcoin https://ift.tt/2QBsOiL
Analyst Bob Loukas Sees Bitcoin (BTC) Returning to All-Time Highs in 2020
from Google Alert - Bitcoin https://ift.tt/2F5D0dM
Daily Discussion - December 31, 2019 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Comments will be sorted by newest first.
To see prior Skeptics Discussions, click here.
Submitted December 30, 2019 at 06:08PM by AutoModerator https://ift.tt/36b5NK9 https://ift.tt/2Z7cX2s
Blockchain Week in Review - December 2019 #2
from Google Alert - Blockchain https://ift.tt/2tXUIO7
India Wants to Organize Blockchain Courses Next Year
from Google Alert - Blockchain https://ift.tt/2sBlKKR
Sunday, December 29, 2019
High Performance Blockchain Reaches Market Cap of $3.10 Million (HPB)
from Google Alert - Blockchain https://ift.tt/2Q6duvi
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2QrqKK2
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/35d7CFb
via IFTTT
A bit late for the Christmas, but I just got gifted some ‘bitcoins’ from my parents as a gag gift and thought they were pretty cool.
Submitted December 29, 2019 at 03:23PM by EMC2_trooper https://ift.tt/39jZzcV https://ift.tt/2Z7cX2s
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/36krV4w
via IFTTT
Here's how law enforcement catches cryptocurrency criminals
from #Bitcoinmovement https://ift.tt/37hYnoq
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/36acc87
via IFTTT
Long Term Content Writer for Youtube Channel about Cryptocurrencies needed
from #Bitcoinmovement https://ift.tt/39perXt
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2rCUE5E
via IFTTT
Altcoins can decouple from Bitcoin as they follow a 'unique trend'
from #Bitcoinmovement https://ift.tt/2F0zHVv
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2th1CxS
via IFTTT
Google Bans Crypto App Metamask From Play Store
from #Bitcoinmovement https://ift.tt/2QuJto1
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/3572MZN
via IFTTT
Is Nearly Every Bank in Japan Adopting Ripple and XRP? CipherTrace CEO Reacts to Viral Video
from #Bitcoinmovement https://ift.tt/39sFCkf
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2Q59Hym
via IFTTT
Bitcoin becomes the best investable asset of the decade: 64% of daily profits since 2017
from Google Alert - Bitcoin https://ift.tt/353BvYp
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2rHNJIw
via IFTTT
BitcoinTV by Altcoin Daily on YouTube
Altcoin vs Bitcoin capitalization is testing a CRITICAL 6.5 year support line. Let's review a few charts and look at what this really means for you. Also, A "Top Altcoin" video is dropping SOON, so make sure you comment which altcoin you want chosen. Follow us on Twitter: https://twitter.com/AltcoinDailyio https://ift.tt/2nAOb98 https://twitter.com/woonomic/status/1170745335502823425 https://ift.tt/363r8oN Follow me [Austin] on Instagram here 👇 https://ift.tt/2DkvCuu Follow us on Patreon here: https://ift.tt/2XP9Rwa Huge Thank You To Our Patreon Family: Ian Baxter Carlos Alea Bare Bones Mining Louie Hernandez *********************************************************************** Support the channel: 💥Get a Nano Ledger S: Best Way to Keep your Cryptocurrency Safe! https://ift.tt/2SuGon2 💥Keep Your Bitcoin Private Keys Safe w/ CryptoTag: https://ift.tt/2Q43txz 💥Earn Bitcoin Cashback Rewards Shopping w/ Fold App (Amazon, Uber, Starbucks, Target) Use Promo Code "KzalHqIQ" and get 20k Satoshis Free *********************************************************************** #Bitcoin #Crypto #Invest #TheFed #News #Litecoin #Cardano #Ethereum #DigiByte #Litecoin #Invest #Binance #Elastos #PundiX #Tron #IOTA #Ripple #XRP #Starbucks #StellarLumens #Google #Vechain #Bakkt #cryptocurrency #news #btc #Invest #eth #litecoin #altcoin #altcoins #forex #money #best #trading #bitcoinmining #trader #cryptocurrencies #top #investing #stocks #marketanalysis #entrepreneur #business #success #investment #finance #bitcoins #motivation #coinbase #stocks #bakkt #starbucks ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, news, best investment, top altcoins, ethereum, tron, best altcoin buys, hodl, vechain, 10x, 100x, investment strategies, 2019, 2020, eos, top altcoins 2020, dogecoin, bitcoin etf, bitcoin cash, Bitcoin scam, bitcoin crash, bakkt, xrp, cardano, ripple, bitcoin bottom, bull run, should I buy bitcoin, digibyte, binance, btc, fomo, libra, top investments, the fed, fail, breaking news, tone vays, chainlink, hex, binance, digibyte, hex scam
View on YouTube
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2ZAfwad
via IFTTT
Daily Discussion - December 30, 2019 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Comments will be sorted by newest first.
To see prior Skeptics Discussions, click here.
Submitted December 29, 2019 at 06:12PM by AutoModerator https://ift.tt/2SBDvo1 https://ift.tt/2Z7cX2s
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2MUsGdh
via IFTTT
Guarda is a Versatile Cryptocurrency Wallet that Allows Digital Currency Users to Buy, Sell, and ...
from Google Alert - Blockchain https://ift.tt/2Q9J5wh
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/37oKghf
via IFTTT
High Performance Blockchain Reaches Market Cap of $3.10 Million (HPB)
from Google Alert - Blockchain https://ift.tt/2Q6duvi
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2QrqKK2
via IFTTT
A bit late for the Christmas, but I just got gifted some ‘bitcoins’ from my parents as a gag gift and thought they were pretty cool.
Submitted December 29, 2019 at 03:23PM by EMC2_trooper https://ift.tt/39jZzcV https://ift.tt/2Z7cX2s
Here's how law enforcement catches cryptocurrency criminals
from #Bitcoinmovement https://ift.tt/37hYnoq
via IFTTT
Long Term Content Writer for Youtube Channel about Cryptocurrencies needed
from #Bitcoinmovement https://ift.tt/39perXt
via IFTTT
Altcoins can decouple from Bitcoin as they follow a 'unique trend'
from #Bitcoinmovement https://ift.tt/2F0zHVv
via IFTTT
Google Bans Crypto App Metamask From Play Store
from #Bitcoinmovement https://ift.tt/2QuJto1
via IFTTT
Is Nearly Every Bank in Japan Adopting Ripple and XRP? CipherTrace CEO Reacts to Viral Video
from #Bitcoinmovement https://ift.tt/39sFCkf
via IFTTT
Bitcoin becomes the best investable asset of the decade: 64% of daily profits since 2017
from Google Alert - Bitcoin https://ift.tt/353BvYp
BitcoinTV by Altcoin Daily on YouTube
Altcoin vs Bitcoin capitalization is testing a CRITICAL 6.5 year support line. Let's review a few charts and look at what this really means for you. Also, A "Top Altcoin" video is dropping SOON, so make sure you comment which altcoin you want chosen. Follow us on Twitter: https://twitter.com/AltcoinDailyio https://ift.tt/2nAOb98 https://twitter.com/woonomic/status/1170745335502823425 https://ift.tt/363r8oN Follow me [Austin] on Instagram here 👇 https://ift.tt/2DkvCuu Follow us on Patreon here: https://ift.tt/2XP9Rwa Huge Thank You To Our Patreon Family: Ian Baxter Carlos Alea Bare Bones Mining Louie Hernandez *********************************************************************** Support the channel: 💥Get a Nano Ledger S: Best Way to Keep your Cryptocurrency Safe! https://ift.tt/2SuGon2 💥Keep Your Bitcoin Private Keys Safe w/ CryptoTag: https://ift.tt/2Q43txz 💥Earn Bitcoin Cashback Rewards Shopping w/ Fold App (Amazon, Uber, Starbucks, Target) Use Promo Code "KzalHqIQ" and get 20k Satoshis Free *********************************************************************** #Bitcoin #Crypto #Invest #TheFed #News #Litecoin #Cardano #Ethereum #DigiByte #Litecoin #Invest #Binance #Elastos #PundiX #Tron #IOTA #Ripple #XRP #Starbucks #StellarLumens #Google #Vechain #Bakkt #cryptocurrency #news #btc #Invest #eth #litecoin #altcoin #altcoins #forex #money #best #trading #bitcoinmining #trader #cryptocurrencies #top #investing #stocks #marketanalysis #entrepreneur #business #success #investment #finance #bitcoins #motivation #coinbase #stocks #bakkt #starbucks ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, news, best investment, top altcoins, ethereum, tron, best altcoin buys, hodl, vechain, 10x, 100x, investment strategies, 2019, 2020, eos, top altcoins 2020, dogecoin, bitcoin etf, bitcoin cash, Bitcoin scam, bitcoin crash, bakkt, xrp, cardano, ripple, bitcoin bottom, bull run, should I buy bitcoin, digibyte, binance, btc, fomo, libra, top investments, the fed, fail, breaking news, tone vays, chainlink, hex, binance, digibyte, hex scam
View on YouTube
Daily Discussion - December 30, 2019 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Comments will be sorted by newest first.
To see prior Skeptics Discussions, click here.
Submitted December 29, 2019 at 06:12PM by AutoModerator https://ift.tt/2SBDvo1 https://ift.tt/2Z7cX2s
Guarda is a Versatile Cryptocurrency Wallet that Allows Digital Currency Users to Buy, Sell, and ...
from Google Alert - Blockchain https://ift.tt/2Q9J5wh
High Performance Blockchain Reaches Market Cap of $3.10 Million (HPB)
from Google Alert - Blockchain https://ift.tt/2Q6duvi
Saturday, December 28, 2019
Crypto Money research company responds to a million dollar question in Bitcoin
from Google Alert - Bitcoin https://ift.tt/2ta8WLt
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2SCnhuS
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2MCGB7E
via IFTTT
Will cryptocurrency actually take over the world's economy, or do people overestimate crypto as a ...
from #Bitcoinmovement https://ift.tt/2Q5WEgo
via IFTTT
Our Top 6 Crypto Posts of 2019
from #Bitcoinmovement https://ift.tt/2rAANUG
via IFTTT
World Enterprise Blockchain Conclave
from Google Alert - Blockchain https://ift.tt/2F0Jaw3
BCH Ve DASH Blockchain'lerinin Birleşmesi Felaket Mi Olur?
from Google Alert - Blockchain https://ift.tt/2tdk9uE
UEFA tickets to be sold on the Ethereum blockchain
from Google Alert - Blockchain https://ift.tt/2Zwh1WW
Blockchain Is Vital Component for UN's Future, Secretary-General
from Google Alert - Blockchain https://ift.tt/39laLG6
United Nations Must Embrace Blockchain: UN Secretary-General
from Google Alert - Blockchain https://ift.tt/2Mxraxp
United Nations must embrace blockchain
from Google Alert - Blockchain https://ift.tt/2QsgbX1
Daily Discussion - December 29, 2019 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Comments will be sorted by newest first.
To see prior Skeptics Discussions, click here.
Submitted December 28, 2019 at 06:10PM by AutoModerator https://ift.tt/2Qsdftt https://ift.tt/2Z7cX2s
Cloud Token and the Rise of MLM Crypto Projects
Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover, after the Cloud Token arrests in China, police in Inner Mongolia warned the public about another MLM crypto project.
Also Read: Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers
Cloud Token and Plustoken: The Rise of the Ponzi Scheme Wallets
In 2018, the cryptocurrency community was introduced to a project called Cloud Token. Similar to the Ponzi scheme Plustoken, CTO called itself the first online wallet that could integrate all the popular crypto assets out there today. The creators claimed CTO was a ‘4.0 blockchain project’ and the wallet held USDT, TUSD, BCH, CTO, BTC, LTC, ETH, and DOGE. Just like Plustoken, CTO promised 6-12% interest every month. The project was initially founded by the project’s lead developer Ronald Aai and project manager Daniel Csokas from Singapore. Nearly every article describing the Cloud Token project shows that the scam was tightly connected to the Plustoken creators. In June a report highlighted that the Cloud Token project had issues in Singapore so the MLM crypto scheme’s founders decided to relocate.
Mauritius’ Financial Services Commission Warns the Public About Cloud Token
After leaving Singapore, the publication behindmlm.com reported that the CTO project leaders retreated to Malaysia and the Republic of Mauritius. “In addition to committing securities fraud in the US, Cloud Token is also not registered to offer securities in Singapore or Malaysia,” behindmlm.com explained in June. The following September, Mauritius’ Financial Services Commission (FSC) issued a statement to the public telling people to beware of CTO:
The public is being solicited by a certain group of people on social media under the name of ‘Cloud Token Mauritius’ and ‘Cloud Token Indian Ocean and Africa’ to invest in digital assets and cryptocurrencies through the ‘Cloud Token’ mobile application. It has also come to the attention of the FSC that events are being hosted in publicly accessible areas in Mauritius to promote this application. The FSC urges investors and the public to exercise caution in any dealings with Cloud Token Mauritius and Cloud Token Indian Ocean and Africa.
Following the FSC statement, in December news.Bitcoin.com reported on the arrest of 72 CTO associates. Police from Taiyuan, Shanxi province busted the alleged scammers at a train station and investigators disclosed the project defrauded Chinese investors out of 30 million yuan ($4 million).
After the Cloud Token Scheme Takes in $500 Million, Another MLM Cryptocurrency Project Begins
An editorial published by the China-based publication 8btc explains that during its tenure, the CTO project got away with $500 million. An anonymous CTO victim told 8btc that they deposited $20,000 into the wallet. “The crypto scam stole over $500 million from unsuspecting holders, claiming it’s a decentralized wallet that would reward its users for holding coins,” the anonymous person stressed. “Payment was to be received in the form of the company’s utility token and the reward would be 6% to 10% of the invested coin amount. [Meanwhile] the man promising all these rewards vanished with funds from over 800,000 members wondering when and how they will get their initial investment back.”
Despite the arrest, there are still a number of CTO websites that are still operational. One particular website news.Bitcoin.com visited today showed the price per CTO to be $0.50 and gave a referral code. 8btc columnist Lylian Teng explained that China’s police force is also attempting to squash another crypto Ponzi scheme called Wotoken (WOR). Behindmlm.com has informed the public that Wotoken’s website “provides no information about who owns or runs the business.” Again similarly to Plustoken and Cloud Token, the Wotoken Ponzi scheme promises a daily ROI for a deposit of crypto coins. The multi-level marketing crypto also involves shady referral commissions that allegedly distribute WOR returns.
“By now you should be familiar with the MLM cryptocurrency exit-scam model,” a behindmlm.com report details after reporting on a large number of scams like Onecoin, Cloud Token, Plustoken, and Wotoken as well. “Whenever whoever is running Wotoken decides they’ve stolen enough money or investor recruitment collapses, they’ll announce WOR’s public listing.” The MLM website’s Wotoken review concedes:
Every MLM cryptocurrency scheme has followed this trajectory — Wotoken will be no different.
What do you think about the Cloud Token Ponzi scheme? Let us know what you think about this subject in the comments section below.
Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any ideas, concepts, content, goods or services mentioned in this article.
Image credits: Shutterstock, Cloud Token logos, Behindmlm.com, Wiki Commons, Fair Use, and Pixabay.
Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH, and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com.
The post Cloud Token and the Rise of MLM Crypto Projects appeared first on Bitcoin News.
from Bitcoin News https://ift.tt/2tSD1zt
via IFTTT
Can't Scale? Bitcoin Transactions Spending SegWit Increased 20% in 2019
Submitted December 28, 2019 at 01:58PM by wmredditor https://ift.tt/2Q8g8Rz https://ift.tt/2Z7cX2s
Found a Bitcoin stamp on a yet another falling fiat LBP - Lebanese Pound
Submitted December 28, 2019 at 04:15PM by marceldy https://ift.tt/2ZHGm0p https://ift.tt/2Z7cX2s
Meanwhile In 2011: Dude Uses 19 Bitcoin To Buy A Pizza From Dominos Which Is Worth $137000 ...
from Google Alert - Bitcoin https://ift.tt/2ZHPpOV
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2ZDkxij
via IFTTT
Meanwhile In 2011: Dude Uses 19 Bitcoin To Buy A Pizza From Dominos Which Is Worth $137000 ...
from Google Alert - Bitcoin https://ift.tt/2QwXOQM
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2Q4GALw
via IFTTT
XRP, Bitcoin are the most bought coins on Coinbase
from Google Alert - Bitcoin https://ift.tt/2Q36zmL
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2F3WUpy
via IFTTT
The Dividing of Bitcoin to shake markets of cryptocurrency
from Google Alert - Bitcoin https://ift.tt/2tezwmU
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/366f325
via IFTTT
Crypto Money research company responds to a million dollar question in Bitcoin
from Google Alert - Bitcoin https://ift.tt/2ta8WLt
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2SCnhuS
via IFTTT
Meanwhile In 2011: Dude Uses 19 Bitcoin To Buy A Pizza From Dominos Which Is Worth $137000 ...
from Google Alert - Bitcoin https://ift.tt/2ZHPpOV
Meanwhile In 2011: Dude Uses 19 Bitcoin To Buy A Pizza From Dominos Which Is Worth $137000 ...
from Google Alert - Bitcoin https://ift.tt/2QwXOQM
XRP, Bitcoin are the most bought coins on Coinbase
from Google Alert - Bitcoin https://ift.tt/2Q36zmL
The Dividing of Bitcoin to shake markets of cryptocurrency
from Google Alert - Bitcoin https://ift.tt/2tezwmU
Crypto Money research company responds to a million dollar question in Bitcoin
from Google Alert - Bitcoin https://ift.tt/2ta8WLt
Friday, December 27, 2019
Crypto.com: Any thoughts?
I decided to put some thoughts together after my experience using Crypto dot com (CDC). I didn't really manage to find many reviews and breakdowns before joining the platform myself, so thought it might be helpful to those considering joining to be able to see all their offerings in one go since they also don't have a lot of this info easily accessible.
If you have experience using them and have your own thoughts, feel free to chime in.
Review Link: HERE
I'll summarize most of my thoughts - I think they have a great product, one of the best app UXs I've had the pleasure of using that trumps the competition (like Celsius). The In-App Support feature is also unrivaled, and blows me away that you can speak to a live-human in app within minutes. The Cashback on the debit card is a nice feature, and tho, I'd personally prefer receiving cash or btc directly as opposed to MCO, it is a great way to increase your exposure passively as you go about your day especially if you believe in CDC and their future. I do wits they had an auto-top up feature allowing users to auto-convert your crypto when you spend. It takes an adjustment using basically a prepaid debit card and loading up funds before purchase, making sure you don't go over available balance.
As far as an all in one ecosystem goes, they've largely succeeded in creating a seamless user experience and having industry-leading interest rates in their Earn program doesn't hurt. I'm a big fan of lending out crypto to earn interest, I've like to know more about what they do with our crypto since earning 12% on stablecoins is unheard of (with MCO staked) the closest being blockfi at 8.6% - I can't imagine it will last for much longer. Adding the new crypto exchange was definitely a surprise and I have concerns they maybe spreading themselves thin a bit. There are many other milestones and promise that have yet to be met, so I hope this doesn't cause them to fall behind even more.
The MCO staking requirements for various services, especially the Debit Card maybe a hard pill to swallow for more casual users who aren't as crypto inclined (minor speed bump to adoption - and yes I know the free midnight blue is an option). I think the idea of putting a couple hundred dollars on the line with a largely unknown company like CDC in return for $50 does sounds like a great deal for some like those who were already planning on getting MCO card anyways - but it simply doesn't compare to say applying for a checking account/debit card at a globally recognized bank with similar perks...overall a hard-sell for the masses (too early) at this stage unless you're a true crypto fan or just really want free netflix and spotify I don't see regular folks joining up anytime soon. That being said, in due time, if CDC continues its domination and expansion into new global markets with no issues, I'm sure their reputation will grow with it.
Kris has mentioned they will be fully profitable by 2020, which is good news as many were curious how they were able to afford many of the perks they provide their users - again, no figures to backup the claim so we'll have to take his word for it. I do hope they become more transparent with their platform performance and figures, but we'll see if they ever do.
Kris has also mentioned developing DEFI solutions for many of their products that would allow users to retain keys to their crypto which would be a fantastic step forward and could be a turning point if it does come to fruition for many other platforms to follow suit.
The addition of the native currency CRO in addition to the original MCO mucks up the waters a bit for me and has been a divisive topic for many early adopters. I don't personally see why it was necessary to create a new coin as opposed adding new features to MCO's token utility and developing both coins in tandem seems like a monumental task - hopefully the team is up for the challenge.
But all in all a solid product that is bringing the heat to legacy banking (albeit piggybacking on Visa's infrastructure and reach ironically) - I hope to continue seeing improvements with their products in the months to come.
If mass adoption is to become a reality, this is how it happens.
For those considering CDC or already using their product whether it's their card or app. What are your thoughts? Positive or negative?
Submitted December 27, 2019 at 04:02PM by joepile https://ift.tt/34Znlar https://ift.tt/2Z7cX2s
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2QrguRT
via IFTTT
Daily Discussion - December 28, 2019 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Comments will be sorted by newest first.
To see prior Skeptics Discussions, click here.
Submitted December 27, 2019 at 06:09PM by AutoModerator https://ift.tt/2F1xjOi https://ift.tt/2Z7cX2s
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2ZrO6U2
via IFTTT
Mainstream Media’s Hit Piece on Hitmen Fails Miserably
Mainstream media is probably one of the worst mediums for factual information because it’s typically filled with ignorance and propaganda. When it comes to cryptocurrencies, darknet markets, and encryption, conventional news outlets publish hit pieces that are beyond absurd. On December 27, Harper’s Magazine published a feature report called “Click Here to Kill,” which described the author’s perception of alleged “online murder markets.” Ironically, the 7,500-word feature never actually found any real assassins and no one was murdered.
Also read: Dark Net Markets Are Booming From Better Quality & Safety
The Mainstream Media’s Perception of So-Called Assassination Markets
These days, mainstream media think they are hip to the cryptocurrency scene. This is because they hire a few ‘world-class’ journalists to study the cryptosphere for a few days in order to publish a hit piece. The latest absurd feature from traditional news outlets stems from Harper’s Magazine, which published an article called “Click Here to Kill.” The reason Harper’s Magazine’s latest presentation is preposterous is because the publication makes you read an extremely long editorial only to learn the investigation never found any real murderers. What the investigative reporter found was scammers building websites that advertised assassination. These murder-for-hire websites took people’s money after they deposited the crypto and made a promise to kill. The writer’s drawn-out article wants you to believe there’s a huge issue with assassination markets on the deep web, but in actuality, there’s just a bunch of scammers.
For instance, the article tells us about a woman who was told by the police that someone disliked her and decided to connect to a site called Camorra Hitmen to commit an evil deed. Supposedly, a person dubbed ‘Mastermind365’ sent the administrators of the site $5,000 worth of BTC in exchange for her assassination. However, the police never got back to her after they told her the initial news. The author’s hyperbole-filled post explains how prevalent it is for people to pay money to so-called online assassins and the job never gets completed.
The author’s main source is a systems administrator from London who also takes part in independent cybercrime research on the side. The researcher had discovered a variety of alleged online assassination markets and forums like a site called Besa Mafia. Throughout the article, the cybercrime researcher mentions a bunch of sites that basically take money for a hit, but in the end, the website owners just steal the money. The report said that Besa Mafia offered kidnapping services and hitmen in exchange for bitcoin. Still, the Besa Mafia website was just another worthless scam site as the Harper’s Magazine author states:
Besa Mafia had a somewhat slicker graphical interface than the dark-web assassination markets Monteiro had seen before, but it was nevertheless clear to him that this one, like the others, was a scam, designed to pilfer money from gullible users.
The “Click Here to Kill” editorial doesn’t find one real assassin throughout the entire report and no murder was committed during the ‘exclusive’ investigation. Still, the editorial tries to paint a picture of how ‘dark’ the invisible web is and put digital currencies in a bad light. Even though the journalist couldn’t find any real assassins and just happened to stumble upon scammer websites, he really wants you to believe in the nonexistent boogeyman. Governments and mainstream media have used this type of propaganda for years.
Fear-Instilling Headlines Have Purpose
A good example of this propaganda in the wild is the Ross Ulbricht case, when news outlets published lies about ostensible hits that never came to fruition. The U.S. government never charged Ulbricht for any crimes associated with murder-for-hire, but the rumors were used to make the public frown upon Ulbricht and the Silk Road. Mainstream media never told the public that Ulbricht left the Silk Road and someone else took the name ‘Dread Pirate Roberts’ (DPR) immediately after. In fact, Ulbricht announced the transition to a close friend in an online chatroom in November 2011. What really happened was U.S. law enforcement and rogue agents faked a murder and made it seem like the Silk Road administrator was violent. Even worse is the fact that the rogue agents had access to DPR’s login credentials and private keys so the entire story was likely fabricated.
There’s a reason a story like this one contains fabrications and mainstream media runs outlandish, fear-instilling headlines. It’s because there is an agenda and governments want the media to make it seem like cryptocurrencies need to be tracked and the dark web is filled with violent crime. Conventional news outlets like CNN, Vice, Harper’s Magazine, New York Times, Gizmodo, and Bloomberg will never tell you that darknet marketplaces (DNM) are just a group of consenting adults exchanging vices in a nonviolent manner. Harper’s Magazine authors will not explain how these online markets improved the quality of designer drugs by using a reputation system. Nor will its writers detail that DNMs have completely removed street violence. No, mainstream media and these types of writers want propaganda to give you a false perception of reality. Their masters want more headlines and reports filled with fake murder-for-hire websites and exaggeration.
What do you think about the Harper’s Magazine hit piece called “Click Here to Kill” and the fact that no website mentioned in the article actually killed anyone? Why do you think mainstream media pushes propaganda articles like these? Let us know what you think about this subject in the comments section below.
Image credits: Shutterstock, the Farrelly Brothers movie: Dumb and Dumber, Fair Use, Wiki Commons, Harper’s Magazine, and Pixabay.
Did you know you can buy and sell BCH privately using our noncustodial, peer-to-peer Local Bitcoin Cash trading platform? The local.Bitcoin.com marketplace has thousands of participants from all around the world trading BCH right now. And if you need a bitcoin wallet to securely store your coins, you can download one from us here.
The post Mainstream Media’s Hit Piece on Hitmen Fails Miserably appeared first on Bitcoin News.
from Bitcoin News https://ift.tt/2SxnoYt
via IFTTT
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2Q238MW
via IFTTT
Featured Post
BITCOIN (BTC) blockch✂️ain FORKS
🚧🛑🚧🛑🚧🛑🚧🛑🚧🛑🚧🛑🚧🛑🚧 Bitcoin Cash: Forked at Block 478558, 1 August 2017, For each 1 BTC you get 1 BCH Bytether: Cross for...