crypto currency discussion

[Yazworm91]

Will binance transfer my wallet and funds to binance.us when it opens? This is foreign to me the reason I ask

[Inspirited]

Anyone looking at OCE to go anywhere in the future?

[Memento]

VET partnered with Walmart China. The price spiked after the news and is now dropping but that's one to keep an eye on.

Already in production....could blow up soon.

https://vechain101.com/2019/06/25/walmartchina/

[QuantumLeap]

I've tried sticking with BNB and probably will go back to it if HyperCash (HC) has a down slope but I'm switching to HC as my main coin.

Going from June 6 to June 30, BNB has gone up from $29.66 to $32.90 or about 11%

HC has gone from $1.81 to $4.81 or nearly 265% during that same time period and has also increased its slope recently. Of course there was a time when BNB appeared to increase its slope as well so take all this into perspective.

[QuantumLeap]

Sadly this, if history repeats itself anyway regarding being the most popular exchange. Strongly doubt it's ever going anywhere near 0 though, CZ and the team have done a really good job and I don't see that suddenly changing.

But they're just so visible now, both to regulators and the crypto community in general that it would be too difficult for them(or anyone really), if not straight up impossible to see the kind of explosive growth that many holders are expecting...let alone just maintaining what they have now.

One of the things I look for when scoping out a coin to increase in price is the current Market Cap. BNB is now at $33. If it is to go to $200, or 6 times its price now, it would have to have 6 times its market cap. Its current market cap is $4.7 billion so its market cap would have to go to $28.2 billion.

Now of course you have to factor in the quarterly burn rate of the coin but at its current rate we're talking about 6 million coins per year out of a total 141 million in circulation today. The burn rate per year will decline as the price goes higher.

Smaller cap coins have more room to go in terms of percentage increase but there has to be a driving reason behind the increase as well. Just because a coin has a small market cap doesn't mean it's going to climb in price.

I'm just thinking coins with higher market caps will take quit a bit of demand to fuel multiples of price increase.

[firekillex]

throw some calls out here playa
will be giving some in here from my discord trading group as well

[raiders72001]

lets get some early ALT trading calls in here
hearing ADA charts looking solid from a trading buddy...

he just called QTUM when it was $2.35

ADA is definitely my favorite coin. I thought the price was going to take off with Shelley but it hasn't yet. ADA will surpass both EOS and ETH although it will take a lot of time.

[raiders72001]

For short term results, filter by volume. If the volume doesn't coincide with the marketcap, something's up. ADA is one exception since the volume has been trading lower than it's cap for a long time now.

[raiders72001]

Facebook’s New Cryptocurrency, Libra, Gets Big Backers


V!sa, Master Card, PayPal and Uber are among firms that will invest around $10 million each in consortium that will govern digital coin


https://www-wsj-com.cdn.ampproject.o...rs-11560463312

Libra is somewhat confusing since it's really a type of stablecoin.

[raiders72001]

We have another one! This time it's LINK!

Don't forget to set your Sell Stops for when it takes a dive.

Nice job with LINK.

[QuantumLeap]

Nice job with LINK.

Thanks, but I had help. It looks like someone has been supporting its price rise today as well.

https://www.altcoinbuzz.io/crypto-news/product-release/the-coinbase-effect-is-definitely-real-as-chainlink-price-surges-following-coinbase-listing/

Chainlink surged more than 100% in the last week from $2.03 to roughly $4,4 before retracing a little bit. This was due to it being listed on Coinbase and Coinbase Pro.

What is the “Coinbase effect”?
The “Coinbase effect”, this term was coined to describe the phenomenon where the price of a cryptocurrency increases after being listed on Coinbase. This phenomenon is definitely real as we have seen it play out in other cryptocurrencies as it is currently happening with Chainlink. This highly celebrated price surge began after Chainlink was first listed on Coinbase Pro. After three days, the price of the coin was up 117.2%. Almost all coins listed on Coinbase experience an increase in price following listing announcements.
Below is a list of coins that experienced the “Coinbase effect”:

• Litecoin – on May 3rd, 2017, experienced about 3.0% price increase.
• Bitcoin Cash – on Dec. 19, 2017, experienced 9.9% price surge.
• Augur – on Apr 17, 2019, increased by 15.3%.
• EOS – on May 30, 2019, increased by 10.1%.

[QuantumLeap]

But wait, there's more.

There's this:
Chainlink creates new ways for Oracle networks

https://medium.com/swlh/chainlink-oracle-on-ethereum-7c7c06e95fe

But even bigger (I believe) is this:

Google showcases Chainlink implementation with its cloud services, LINK skyrockets 70%

https://cryptoslate.com/google-chainlink-implementation-link-skyrockets-70/

[Sanity Check]

Is robinhood reliable? Seems it may not be:

https://www.businessinsider.com/robinhood-millennial-stock-trading-app-ignored-rules-money-safe-2019-7

[icon]

From Sept 2018

The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret

https://www.coindesk.com/the-latest-...s-a-secret?amp

This week’s major bitcoin bug was even worse than developers initially let on.

The bug originally rocked the bitcoin world when it was reported the vulnerability could be used to shut down a chunk of the network.

While this sounded bad enough for many, it turns out developers for Bitcoin Core kept a second, bigger part of the bug a secret. As disclosed through an official Common Vulnerabilities and Exposures (CVE) report, an attacker could have actually used it to create new bitcoin – above the 21 million hard-cap of coin creation – thereby inflating the supply and devaluing current bitcoins.


Such a perversion of the rules would, at worst, according to many, make users not trust the cryptocurrency anymore.

Because of the disastrous implications of the bug, developers decided to keep it a secret, buying themselves time to fix the exploit and urge miners and users to upgrade their software.

The CVE report written by Bitcoin Core developers explains.

[SnakesPicks]

CEX.io bullshitt I sent .01 BTC to CEX.io a couple years back, and since then I have not been able to access it any way. There isn't even an "account balances" button on that site. Requires NO documentation to send it to them, but to trade it or even get it Back is damn near impossible. Help?!

[QuantumLeap]

All-in LINK now. I don't see any movement from HC, same for BNB.

I look back over the past couple months for LINK: a good rise in price with an eventual slight decline followed by another good rise in price with another slight correction followed by another good rise in price, etc. No significant setbacks.

[QuantumLeap]

All-in LINK now. I don't see any movement from HC, same for BNB.

I look back over the past couple months for LINK: a good rise in price with an eventual slight decline followed by another good rise in price with another slight correction followed by another good rise in price, etc. No significant setbacks.

Looks like HC is turning up again. I'm now in both LINK and HC.

[QuantumLeap]

Here's the latest on HyperCash (HC). It doubled in the 3 weeks from June 15th ($2.40) to today, July 6th ($4.80).

[raiders72001]

Just bought ETHOS but it could be a really bad time. Trying to get on the pump.

[raiders72001]

One week ago news. Definitely need a stop on this one.

Voyager & Ethos Merge to Create a Commission-Free Crypto Broker and Institutional Blockchain Platform

[Weems2k]

Nice to see Bitcoin recovering some. Back over 12K again.

[Yulia74]

Latest filings from NYOAG allege Bitfinex and Tether continued New York operations as late as January 2019 https://www.theblockcrypto.com/2019/...-january-2019/

[raiders72001]

Stops in place in case of a dump.

[lotuspod]

A lot of the large-cap alts missing out on the recent btc gains, some considerably down sat-wise from ATHs. Hard to beat btc when it's in a bull run, but if/when it goes sideways then alts should start to come into play. XLM has fully retraced already so might be a decent gamble if someone can get it in the 600-800 sat range.

Not all will have a full retrace like that of course...but I'd look for even more to drop sat-wise if btc keeps making runs like this.

[QuantumLeap]

Looks like HC and LINK are both rolling over so I'm out of my positions on those two. I've set sell points above the current price to catch any spikes as have been historically present. If there are no pops I will adjust the sell points downward if the current slide continues.

[raiders72001]

Late to the party here but mobile app staking and Vitalik Buterin gave CyberMiles a boost.

CyberMiles Retweeted

Vitalik Non-giver of EtherVerified account @VitalikButerin Jun 29More



Replying to @TrustlessState @balajis

Transaction fees (eg. ETC is waay cheaper than ETH, and Cybermiles is probably even cheaper)

[Yulia74]

alt season is getting closer

[ChuckyTheGoat]

alt season is getting closer

What do u make of this volatility, Yulia? Pretty intense.

[Yulia74]

waiting for bitcoin parabolic curve to break

[ChuckyTheGoat]

waiting for bitcoin parabolic curve to break

Change is in the air. Which way does it break? No one has all the answers.

[thomorino]

Usually when volatility levels increase you get a bigger break up or down because everyone knows where support and resistance is, if bitcoin can't sustainably break over 1300 too I think we see a move back to 1100, I"m not bullish on bitcoin long-term but it seems like we'll likely get a pullback here before a another move up, the move up over the last several months has been strong, and the stock market is hitting record highs too. The Fed getting dovish and suggesting an interest rate drop is coming should help bitcoin and crypto currencies in the short-term as well.

[QuantumLeap]

Back in LINK at 27k.

[lotuspod]

LINK slipping further, looking more like a retrace down around 20 or 21k to test it

[lotuspod]

BTC dominance is starting to fall a bit, after a nice extended run upwards. Maybe time for some alts to finally shine a bit?

[Dr.Gonzo]

link