Crypto 360°

Wednesday 21 August 2019

Local.bitcoin.com will surpass 50,000 registered users today.

submitted by /u/MemoryDealers
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source https://www.reddit.com/r/btc/comments/cta38y/localbitcoincom_will_surpass_50000_registered/

An important take that many in the Bitcoin community don't like to admit about ICOs

What drove Vitalik Buterin to write the Ethereum whitepaper was the idea of a featureless platform. The lego bricks versus the Swiss knife. Less than two years after Ethereum launched, one use case started gaining popularity: Fundraising. Startups could now raise money directly from investors across the globe, without having to go through Wall Street or Silicon Valley.

The lack of regulation, the misalignment between investors and startups, and the extreme greed on all sides, attracted scammers. Some Bitcoiners have been recently calling out the Ethereum community to take responsibly for investors who lost money because of failed tokens. I think:

Ethereum developers built a platform that allowed anyone to build anything. Bitcoin was also built as an open system for people to use however they want, and it’s used as a store of value, and also to launder money, to fund terrorism, to hold ransomware attacks, etc. Bitcoin developers shouldn’t be held responsible for those nefarious uses, just like Ethereum developers shouldn’t be held responsible for failed ICOs.

submitted by /u/BitcoinXio
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source https://www.reddit.com/r/btc/comments/ct8zk9/an_important_take_that_many_in_the_bitcoin/

This week, binance and Okex have more money flowing out of Bitcoin

Id Exchange Outflow (USD)

------ -------------- ---------------

1 Binance -94.92M

2 Okex -80.71M

3 CoinEx -27.94M

4 ZB -20.82M

5 Bitfinex -20.63M

6 Bitstamp -13.51M

7 BTCBOX -13.24M

8 Coinbase Pro -12.00M

9 Bibox -10.50M

10 Kraken -8.41M

If we look at the inflow, only Bilaxy showing up as positive.

Id Exchange Inflow (USD)

---- ----------- --------------

1 Bilaxy 257.78M

2 BigONE 114.93M

3 Livecoin 5.39M

4 ACX 3.65M

5 Korbit 2.19M

6 Mercatox 2.04M

7 xBTCe 812.19K

8 Lykke 521.02K

9 Bleutrade 11.96K

10 Bitmarket 0

But due to these other exchanges the volume was up.
Maybe thats why price went up, is everyone looking at the big exchanges, but people are doing business in the lower ones.

Disclaimer: I'm tracking this data at cryptoflow.vip/exchanges
Its the data coming from an api and totalled up each hour.

If you like the data, follow me on twitter.

@JinJinReporting

submitted by /u/automax
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source https://www.reddit.com/r/btc/comments/ctacux/this_week_binance_and_okex_have_more_money/

Blockchain Firm TZero Adds Ravencoin to Supported Cryptocurrencies This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2MvaM1Y
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“College”

submitted by /u/skatermofo101
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BIP-0420, a proposal for keeping track of fake Satoshi Nakamotos

After recent events it seems likely we will have even more fake Satoshi Nakamotos (Faketoshi for simplicity's sake) as bitcoin continues gaining awareness among the masses. Taking a cue from Coca Cola, I have been calling this most recent imposter "New Faketoshi", but quickly realized this is not a scalable method--even writing as New¹⁰ Faketoshi becomes tedious and difficult to track over time.

I propose a simple naming schema for all present and future fake Satoshi Nakamotos which leverages existing English number framework combined with recognizable branding:

Faketoshi (Craig Wright, we will leave the name unchanged in honor of his trailblazing shitbaggery)

Faketwoshi (the Bilal potato guy, don't care enough to look up his full name)

Fakethreeshi (tbd)

Fakefourshi (tbd)

etc...

I believe this naming method should hold up through the word "twenty". If the rate of Faketoshis remains the same (1 every 5 years on average), then we will not have to come up with a new method until the early 2100s.

I am not sure how to formally submit this BIP, so I'm hoping the r/bitcoin community can help a brother out.

submitted by /u/iamDanger_us
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