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Vechain 95 % of remaining non circulating supply lock up?
Suggestions - if anyone has other ideas lets discuss here. The community is an important aspect of Vechain, and considering so many people invested in Xnodes and higher and have watched their value all but disappear over the past year and a half i would think a transparent company like Vechain would be interested in hearing some suggestions from the community. The buy back is a small step in the right direction, but more could quite easily be done to improve things. For example lock up 95% of the remaining non circulating supply. Ripple chose to lock up their remaining supply, but every 30 days 1 billion is allowed to be sold which in reality does virtually nothing to ease investor concern of them dumping their supply on the market driving price down. 1 billion coins flooding the market is more than enough to cause suppression. There is a petition going around right now to get Ripple to cut this in half and Ripple just announced theyre substantially reducing xrp sales to more accurately represent actual trade volume. Apparently Coinmarketcap shows hugely inflated false trade volumes and Ripple is now using Cryptocompare to have a clear understanding of actual volume being traded. Read here - https://www.ripple.com/insights/q2-2019-xrp-markets-report/ If Vechain were to lock up 95+% of their tokens, and lock up 95% of their staffs tokens for another year, while they continue with the buy back theyve started it would solve the immense downward pressure and the market price of VET would begin to appreciate and more accurately represent all the company is accomplishing. The Walmart announcement moved the price up 30% in approx 1-2 hours and you could see volume increased dramatically for that very short period but within a few hours the entire 30% gain was back to ZERO! I assume someone(s) were just selling into the 30% until it was all wiped out because it happened fast. Have a look at all other cryptos and youll see that when big announcements come they increase in value substantially and typically hold 50+% of that gain going forward. Link is a good example but there are many others too. for approx 24 hours leading up to the Walmart announcement LATOKEN exchange was showing about 10-20 times the volume it usually has for VET so whoever it was trading on LATOKEN more than likely knew the announcement was coming. No proof ofcourse, but very odd to see this exchange suddenly blow away Binance and Oceanex 10 fold in terms of trade volume. With the minimal volume (actual exchange volume) we see with VET daily, even just devs selling / trading 50-250 million on the open market could suppress price inadvertently. Taking measures like these will raise Vechains standing amoung the naysayers and VET will rise into top 10 in the market in a fairly short period of time rather than continue to fall as it has for the past 1.5 years straight. When VET was VEN before the 100x supply increase i questioned how the market would react to having a coin with only 30ish million in trade volume daily multiplying its supply x100 and i suggested that without a number of the top exchanges trading VET, there wont be enough volume to prevent a major drop in price and that is what happened. All other cryptos on the market that have 10 billion+ circulating supply and have a more accurate token price have maintained 5x+ the trade volume Vet has, and they are listed on most of the biggest exchanges - where Vet isnt. So exchange listings are also very important not only for the trade volume but the sense of market recognition they provide any crypto that is listed. Maybe a portion of the 25 million $ allotted for the buy back could be used on exchange listings instead? Anyone else have some ideas? EDIT - found this on the cryptocurrency subreddit by u/bLbGoldeN - and it provides some good insight on why projects like Vechain might not be more valuable...YET It has been a decade since this market's inception and 3 years since I've started monitoring it closely and analyzing it. Whether you're new to crypto or a veteran that has been through multiple bubbles, chances are you don't really know what's going on. Despite surviving the worst bear market so far, we're hovering at a $300B total market cap. So how come crypto journalism is so bad it sticks out even when compared to modern journalism? The answer is that the lack of available foresight and unbiased analyses is very much on purpose. Litecoin, Bitcoin Cash, Bitcoin SV and other clones (and almost everything else, but clones aren't as nebulous) really give you a great window on the insanity of this market. Everyone who tries to attach any kind of metrics to these projects or make realistic predictions regarding adoption and 'fair value' is prompted with a question: "Who in their right mind could think this is worth 5+ billions?" Since it's essentially impossible to reconcile market valuation and fundamentals, they assume that there's something they're not getting, that there's crucial information they lack, so they resume business as usual. There has to be a reason, right? The truth is that crypto as a whole is a rare and insanely profitable cocktail. The market is split almost perfectly in two (by perfectly, I don't mean a 50/50 split, I mean that these two sides represent almost 100% of the market): Manipulators, who have the means to perform due diligence and are fully aware that the vast, vast majority of projects will absolutely never go anywhere, yet that a select few might explode. Gamblers, who do not understand the underlying technology (and even less the economic environment surrounding said technology) but are ready to shell out millions collectively to make a quick profit. The amount of people who perform thorough, unbiased research and invest carefully is staggeringly low, simply because there are very few individuals with the resources required to sift through the bullshit and without any intention to exploit the market. Coupled with extremely low real liquidity (arbitrage and market makers shouldn't really be considered), this results in a nonsensical market of booms & busts that benefits manipulators every time. However, none of this would be possible if it weren't for a key ingredient: Bitcoin. As long as Bitcoin and any of its clones gravitate towards the top, you can be sure that the market conditions haven't changed, because they act as indicators. Our top meme is a perfect testament to that: "HODL" is based on the bizarre and baseless assumption that the past will repeat ad vitam, and it does a great job keeping liquidity low. In short, it's a perfect gauge of the community's overall idiocy. Mainstream media only exacerbates the issue. It's much less costly (and thus, more profitable) for it to invite supporters or critics of Bitcoin to push a certain agenda than it is to pay competent journalists or experts to provide a detailed explanation of smart contracts and the rise of a programmable economy, for example. Yet I can tell you that in most professional circles, nobody talks about Bitcoin. Manufacturers don't care about receiving payments in Bitcoin, they care about data integrity and security. Energy consortia aren't interested in having households pay their bills with Litecoin, they care about autonomous, self-balancing, self-monitoring grids that optimize electricity distribution and pricing. There are several projects that have a much better chance to overcome the hurdles of adoption, yet it's unlikely you'll find them in the top 10 positions, because they're neither sexy nor simple. Why would manipulators waste time, money and effort inflating those projects' value, when they know full well that they'll appreciate on their own in due time? It's much easier to extract as much money as possible from morons who are willing to 'invest' in worthless junk and let the rest depreciate dramatically to secure a lower entry point. Even as the technology progresses and real innovations are made public, tribalism and hit pieces take care of the rest. TL;DR: Current prices are not indicative of future success. If you've performed the research and come to the conclusion that an asset is undervalued, believe in yourself. This market is not your friend, it exists only to take your money.
Hi Bitcoiners! I’m back with the 23rd monthly Bitcoin news recap. For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month. You can see recaps of the previous months on Bitcoinsnippets.com A recap of Bitcoin in November 2018 Adoption
WeTrust AMA - October 6 (Originally in Slack, formatted to Reddit)
Hello everyone! It took me a bit longer than last week due to family obligations but here’s the transcript for the third WeTrust Slack AMA! Like last week the majority of the questions were collected through Sli.do and not everyone left their username.
AnonymousWhen do you plan to start marketing and more social media outreach? Patrick.WeTrust As we near the rollout of the TLC, we plan on increasing marketing and social media outreach. This is necessary since it is important that we get the word out of what we are building. AnonymousAre you still on track with the roadmap? When can we see/play with the alpha app? Patrick.WeTrust The dApp is currently being worked on by our engineering team and is scheduled to be released in a few weeks. The features have been locked down and the team is working hard on building out the many features. AakeelrWhitepaper is a must and it shouldn't be delayed. Whatever revised version needs to be done should happen and be visible on the site asap if possible. Patrick.WeTrust We have an older version of our whitepaper (pre-crowdsale) here: https://bravenewcoin.com/assets/Whitepapers/WeTrustWhitePaper.pdf Our top priority is building out and delivering on the Alpha Release of the TLC and resources are focused on that. Once this is complete and more resources are available, we will update the whitepaper. AnonymousAs a large holder of TRST - how can I be assured recent pushes from the SEC and Trex (theyre cleaning house) will not impact TRST? Do you have legal counsel? George.WeTrust We're not aware of any changes on Bittrex side, and we've just reached out to them to see if there's any information they need from us. We are very conservative in our approach towards regulatory/ compliance issues, and we will continue as such by working with our legal counsel. AakeelrNeed more exchanges listing TRST to safeguard the token value from today's incident of Bittrex.... Patrick.WeTrust We stand firmly that delivering a quality product that will impact the lives of many as our prime mission and goal. If we are successful, I believe the exchange issue will be small as many will want to list our Token. AnonymousAny update on getting the whitepaper back on the website? Patrick.WeTrust We are working on a new landing page of our Trusted Lending Circle page which will feature a new experience of what our app will be like. This is just a temporary page: https://tlc.wetrust.io/, but the new site will be at this domain soon! (hopefully, next week!) JealdAre you going to complete your TLC Alpha build mid-October as per your roadmap? Patrick.WeTrust Yes, this is the current target. Running 1 week or so behind, but we are trying to push to squeeze for lost time. There will be an update in the next community blog post. AnonymousThe Trusted Lending Circles product due for release in December. Where will it be released? Is it an app for the pc? Will it be accessible on mobile devices? Patrick.WeTrust Correct. The TLC is slated to be released in December. This first iteration will be a Chrome Web App. In the future, mobile definitely will be on the horizon as a large portion of the world uses mobile and do not have computer. DgutDo you guys have any plans to revamp the current wetrust.io design and logo? Some projects like Waves have recently "upgraded" to "professional" design and copy-writing, I think that's the way to go because good design is crucial for user adoption today. Patrick.WeTrust We have updated the website and will look into the current design of the logo. Thanks for the feedback. Dgut Updating doesn't equal improvement though. :slightly_smiling_face: The current design has too many flaws. See stripe.com and fleep.io for kick-ass designs. Is this something you guys are taking seriously? Other well designed sites: standuply.com and elev.io ... see the difference? Patrick.WeTrust Fair enough - I will loop in our designers @hailey.wetrust and @yutai to take a look at what these sites have and takeaways we can make. Yutai.WeTrust We are very focused on the user experience and adoption. The design team is currently working on make sure we have a smooth UX in the TLC dApp. But we love community feedback and if there is anything else, please don't hesitate to let us know. Patrick.WeTrust Thanks for chiming in @Yutai! AnonymousWhen are you going to do anything besides amas? George.WeTrust We have a diverse list of channels of communication available -- slack, telegram, bi-weekly updates, bi-weekly AMAs -- let us know if you all think there are any that we should drop and any we should be adding and we're all ears. Jcga:) Despite hardwork are you guyz ready for the new NBA season via Golden State Warriors, I little feel you dont really care about NBA ;) Go WeTrust ! Patrick.WeTrust Golden State Warriors is our local team :) JealdDo you have a roadmap for 2018 available for general viewing?Patrick.WeTrust See answer below. BoghiumdHow i can get to your telegram channel? As i don’t see any links on your website Patrick.WeTrust Telegram isn't as active yet. I recommend Slack/ Reddit/ Bitcointalk. BalengiVisionCan you send steph curry and kevin durant WeTrust gear when you release TLC? patrick.WeTrust We can try. They would need to fill out the WeTrust Tshirt Request Form though :) BalengiVision Lol cool. Do you mind if we tweet at them? Patrick.WeTrust We can do that sure! AnonymousWill you be providing a roadmap that covers some part of 2018? It helps investors understand the company's vision. Patrick.WeTrust Yes, we are working on this and have had some internal discussions already. Our VP of Product, @tomd is working on this now and we will have a few iterations for internal discussions and debate before it is released to the general public. BalengiVision Release timeframe? Patrick.WeTrust I will follow up on Tom, and he shared with me a preliminary draft yesterday. We want to have something that is actionable and something we can hold ourselves accountable for. Thus, it will require some work internally before we can release something to the public. Rest assured, it is being worked on and each date is carefully thought about. BalengiVision Totally understandable! Patrick.WeTrust Thanks. Cheers, @BalengiVision - thanks for all your support and activity in our Slack. Aakeelr2) While planning the TLC has the team reached a point and zeroed on it where the TRST token should claim its value. How will TRST derive its value. George.WeTrust We are building out a sequence of Financial dApps and will use a "Freemium" model. Essentially, there will be basic features that will be free for our users (e.g., TLCs charge no fees up to 10 users in the circle), but more premium services -- will require some TRST tokens to use (these are currently being planned, and will be included in the roadmap). The main goal is to drive user adoption first, and then monetization after there is a critical mass. SecunoidWhat happens when somebody collects their payout and stops contributing after that? Patrick.WeTrust To thwart bad actors, WeTrust will have four deterrents: 1. Reputation risk/ Reviews: ROSCA groups will be limited to "trusted associates" - family, friends, co-workers, fraternal groups, and professional/ religious organizations. Defaulting on payments could mean social shame and loss of reputation amongst an individual's closest associates. The idea is that for ROSCAs with small enough dollar amount commitments, reputation risk will be sufficient enough to keep participants honest. Reviews may also be left by other members to show how they felt about any participant. 2. Legal risk: ROSCA formation will allow trusted associates to e-sign and bind each other to a legal contract which requires faithful adherence and payment to the ROSCA. Defaulting on payments and stealing could mean legal repercussions. Legal recourse will only be used if individuals are participating in a "high-stakes" ROSCA and legal action would be worthwhile. I've spoken to our legal advisor and she believes it will be possible to create auto-populating templates that will be tailored to each person's ROSCA terms. 3. Collateral risk: Collateral commitments may be required prior to joining a ROSCA. The collateral will be entered into a smart contract which will surrender the property to the ROSCA group if the ROSCA agreement is breached. Collateral can be liquid-cash like assets like Bitcoin or even less liquid assets such as auto/ home titles. Our system will benefit significantly from the ability to accept less liquid assets, since the majority of middle classes’ net worth is locked in real estate. Collateral would allow capital to be used more efficiently. 4. Smart contract bounty (self-enforcement): If a ROSCA participant violates the terms of the ROSCA, the ROSCA group may start a “Bounty” on the retrieval of funds. If the funds are retrieved, the “Bounty” is paid out to the person who enforces the terms of the ROSCA. These deterrent options will be on an "opt-in" basis and participants will be able to choose the level of security they want. Aakeelr4) We saw the last update where product functionality has frozen and bugs are being fixed. When do we expect the alpha release precisely? George.WeTrust We will have an update next week on the status -- we're working hard to hit the initial targets. BoghiumdIs there a chance to have a discussion with Vitalik that he would somehow confirm directly may be via tweeter post that he actually is suporting this project? George.WeTrust We met with VB during the early phases of the project, and soon after also brought on Bo Shen (VB's partner at FenBuShi Capital) as an early supporter and advisor. We have a number of advisors and they all provide some help in their own specific capacities. For example, Benedict Chan the Director of Engineering at BitGo is nearby and he often drops by, Emin Gun also checks up on us regularly. We engage with all of advisors as needed and ask them for help if it can materially help the progress of our development or user adoption. As such, we will consider reaching out to him when our product is ready for testing. BalengiVision That'd be great. Then everyone won't think we have been making stuff up :) Not you guys, but we the people. I tell peeps Vitalik advises early in the project, and people say we are making things up. SecunoidAnd how do you manage the risk of delinquent payments? damo Hey @Secundoid this was answered in the last AMA. Lemme see if I can track it down real quick. Patrick.WeTrust Here it is: To thwart bad actors, WeTrust will have four deterrents:
Reputation risk/ Reviews: ROSCA groups will be limited to "trusted associates" - family, friends, co-workers, fraternal groups, and professional/ religious organizations. Defaulting on payments could mean social shame and loss of reputation amongst an individual's closest associates. The idea is that for ROSCAs with small enough dollar amount commitments, reputation risk will be sufficient enough to keep participants honest. Reviews may also be left by other members to show how they felt about any participant.
Legal risk: ROSCA formation will allow trusted associates to e-sign and bind each other to a legal contract which requires faithful adherence and payment to the ROSCA. Defaulting on payments and stealing could mean legal repercussions. Legal recourse will only be used if individuals are participating in a "high-stakes" ROSCA and legal action would be worthwhile. I've spoken to our legal advisor and she believes it will be possible to create auto-populating templates that will be tailored to each person's ROSCA terms.
Collateral risk: Collateral commitments may be required prior to joining a ROSCA. The collateral will be entered into a smart contract which will surrender the property to the ROSCA group if the ROSCA agreement is breached. Collateral can be liquid-cash like assets like Bitcoin or even less liquid assets such as auto/ home titles. Our system will benefit significantly from the ability to accept less liquid assets, since the majority of middle classes’ net worth is locked in real estate. Collateral would allow capital to be used more efficiently.
Smart contract bounty (self-enforcement): If a ROSCA participant violates the terms of the ROSCA, the ROSCA group may start a “Bounty” on the retrieval of funds. If the funds are retrieved, the “Bounty” is paid out to the person who enforces the terms of the ROSCA. These deterrent options will be on an "opt-in" basis and participants will be able to choose the level of security they want.
Secundoid k damo nice thanks @patrick.wetrust One of our community members had a really interesting idea about using a voluntary community pool as an opt-in insurance option that would pay a small percentage of the ROSCA pool to the community pool. An interesting "staking" option for TRST holders! We're looking to provide insurance products anyway right? ;) Patrick.WeTrust Yes, we are as an evolution of the TLC. @damo beefMajority of PPL here are selfish enough to admit that they want to see the TRST token become more and more valuable. I've read that it will be used for Premium features, but are there other use cases for the token itself? Does it power dApps in the environment? Can I supply X amount of TRST and use that to fund ROSCA circles? Patrick.WeTrust That is correct. Another way to think of Trustcoin is that it is the gas that will power various interactions on our network. The current use case we have in mind are premium features (e.g. sort of like a redemption ticket), but please keep in mind that... the mission of WeTrust is to build movement toward financial inclusion/ empowerment and the token will be a core piece of that. beef The more we are able to cycle TRST through the ecosystem the better. Thanks Patrick Patrick.WeTrust That is correct. We will be keeping this in mind as we roll out our dApps and other initiatives. Cheers, @beef! BoghiumdBinance has started to do monthly voting, can you submit a request to them so on next voting wetrust coin will participate as well? Patrick.WeTrust Is this something the community can request? Boghiumd @patrick.wetrust actually someone from the team have to submit a request, this is what i read on their website Patrick.WeTrust Can you email me the link? [email protected]. I'll look into it. Boghiumd @patrick.wetrust https://binance.zendesk.com/hc/zh-cn/requests/new I presume this one is DgutTrustcoin's success is glued to Wetrust. But Wetrust's success is glued to the success of humankind. Any application that simplifies and makes practical the use cryptocurrencies are not only necessary but crucial for the survival of the tech and ideology. Therefore @george.wetrust and @patrick.wetrust should care more about design. (y) Patrick.WeTrust Thanks for all your feedback and involvement @dgut ThomasTrustcoin's success is glued to Wetrust. how? i dont get it.. for me it looks like TenX.. they have a token but dont realy need one for the Company... same on Iconomi ... good Projects but they dont need realy a token... i dont get it on TRST ... for me it looks like you dont need realy a token to build this system.. Can you help me to understand this? I am wrong ? Patrick.WeTrust Another way to think of Trustcoin is that it is the gas that will power various interactions on our network. The current use case we have in mind are premium features (e.g. sort of like a redemption ticket), but please keep in mind that... the mission of WeTrust is to build movement toward financial inclusion/ empowerment and the token will be a core piece of that. Thomas hmm ok thx BalengiVision Can you elaborate on the premium features? Patrick.WeTrust Premium features: lending circles above a certain size (>10 individuals), reporting data to a Credit Agency, accessing a WeTrust ATM to redeem lending circle proceeds, etc... More features will come in due time as we continually iterate and learn from each version of our product. BalengiVision So credit agencies will accept ROSCA data? Sounds intriguing though I've never heard of that before! AmazongirlHave you spoken to Ripio (formerly BitPagos) yet about how they handle crypto-fiat exchange risk over a loan's lifetime? https://ripiocredit.network/#benchmarks * *George.WeTrust** We haven't, and will read into how they are able to do this. We are working on some ideas of our own which may bring about stability for users. Aakeelr@george.wetrust @patrick.wetrust we have some good suggestions from @amazongirl. Would love you guys to actually take a view om that. Patrick.WeTrust I will take a deeper dive into her suggestions and if I have any questions, will follow up with her. Aakeelr Thanks for this. You will love her idea Dgut@patrick.wetrust Are you familiar with https://klart.co/pixels ? Patrick.WeTrust I am not, but these sites look beautiful. Dgut Yeah, I hope you guys aim for something like that. It's not rocket surgery either :) SecunoidWhich country/area are you targeting when you go live first? Patrick.WeTrust Local, immigrant communities within the Bay Area. (SF, CA) Dgut Hopefully global. The nature of this whole environment and tech is global. CowMooFlage It definitely is global but they want to be testing close to home. Dgut It think westerns might be inclined to use the app if it's sufficiently well designed and works well. damo @dgut see above. Aiming for local immigrant communities CowMooFlage The biggest issue I see is Westerners not understanding it's purpose because it's not embedded in our culture. damo Right For that i think there are other permutations of the platform that could take off quicker and be stickier to the global north. Dgut that's the cool part, it's a completely new thing for them. Patrick.WeTrust There are pockets of immigrants from Mexico, India, etc. that have used this in the past back home. In fact, my grandmother and father was part of a lending circle back home in Vietnam. We will go after this crowd and do a pilot test in these communities. BalengiVision I think if the idea is explained well, westerners will love it. I never heard of it until I joined this group. Dgut Exactly. The reason westerners don't use it is because they never heard of such a concept. When I heard of it I thought... why the f aren't we doing the same? I see it being used among students AnonymousAmazonGirl from the Slack community as an advisor? She has freely been an amazing one. We need to keep this happening with fair compensation. George.WeTrust We will reach out to her to gauge her interest -- I think generally we can continue improving our engagement with our community, and leveraging our supporters so we can move faster. We already have a good number of referrals for potential partners, potential pilot groups, folks who would like to work for us, etc... and please do keep them coming! CowMooFlageGeorge, Patrick, can Damo be listed on the site as a "community manager" or similar position? He's in this channel day in day out answering questions and we love him to bits. By far one of the best people you could ever have doing such a job; humble, cheerful and honest. Patrick.WeTrust We can have this happen - wonder why this hasn't happened sooner! CowMooFlage Awesome :) thanks Patrick :D *Patrick.WeTrust * I will ping @damo for his blurb, picture and get that to @hoang.wetrust as soon as possible. Thanks! CowMooFlage @damo pink wig? :thinking_face: damo Lol i have waaay better pictures ready to go lol damo Thanks for such kind words @cowmooflage! I’m seriously blushing over here. Patrick.WeTrust Thanks! both of you :D Bradicle Yeaaaa agree. Damo has been the face for We Trust in this chat since day one for me. Answering all the hard hitting questions day in and out <3 :B AnonymousWhen are you ditching slack? The phishing is out of control! George.WeTrust We have been testing with Rocket Chat internally, and are currently working towards migration. We will have more information on the timing, next week, but we want this to be as soon as possible, in the balance of our product development focus. CowMooFlage Can't wait to check out the new home. Jcga That a pity, Slack is nice compared to the others. I do believe the myetherw... phishing mail notification have decreased, they "collect" nothing. Slack is beautifull with cool features that others dont. Anyway security is super important and with time we will get used to the new place :slightly_smiling_face: CowMooFlage @jcga Slack is a decent platform but it lacks certain control features and flexibility that others have (e.g. the moderation tools were not made to support thousands of users). Jcga Yes sure I understand the priorities. BalengiVisionI definitely see US college students being a great test group! Patrick.WeTrust Yes! There are lots of community college, Stanford, Berkeley... all within 20-30 miles of our office. BalengiVision Exactly. Remember, facebook started off with colleges...now look at it. Once they all graduated, they took the idea with them and BOOM! CowMooFlage Plus, didn't you go there yourself @patrick.wetrust? You could have a professor introduce it to students even? They might be open to it as you're an ex-grad? Patrick.WeTrust Yes, I went to UC Berkeley and @george.wetrust was at Stanford. @U2M8H6DUJ also went to Berkeley and @shinelay to Davis. Definitely will be rekindling some old connections with my old professors :) CowMooFlage @patrick.wetrust It's always nice to come back with something to show off! :> Dgut @BalengiVision absolutely ... there is no reason for this to be immigrant-communities only. WeTrust can become a lot stronger if adopted by those groups (students) ... Kimutai @BalengiVision . Good idea In fact @patrick.wetrust . Students will show us all the flaws and a good number of unheard of issues. All their diversity of ideas is an untapped Gold mine. CowMooFlage Students can be very bold and open about expressing their opinions. Might be a fun brain storm session. Patrick.WeTrust As long as there is a good mix of supply and demand for credit - there is a potential opportunity there. An idea we have been bouncing around... if we could somehow match students (seeking credit) with alumni (that have the wherewithal to contribute to a loan), we could have a large user group here! BalengiVision Interesting concept Patrick.WeTrust yes, it is :slightly_smiling_face: damo I like this. Another connect for Westerners is in auction ROSCAs where they intentionally take the money last as a way to earn a modest return providing capital to the developing world. I'll definitely be doing this. Thanks to everyone for participating in this week's AMA.
Binance’s certainty is that regardless of what will happen, Bitcoin is here to stay, all the more so at this time when the Covid 19 pandemic has revolutionized the world economy. Binance says there’s a need for a currency that resists censorship, without controls, without borders and that is set not to devalue itself. #bitcoin #binance #china #btc #crypto #cryptocurrency #bnb #ethereum #eth #xrp #altcoin #altcoins #wechat #alipay #bestcrypto. The data contained herein is for knowledge functions alone. Nothing herein shall be construed to be medium of exchange system authorized or tax recommendation. The content material of this video is alone the opinions of the speaker who is just not a commissioned medium ... Binance, on the other hand, supports fewer coins - around 150, to be semi-exact. While Bittrex does support more coins, and is the “winner” in this part of the Bittrex VS Binance comparison, it’s still worth mentioning that most people aren’t even going to use up all of these trading opportunities. BINANCE:BTCUSDT Bitcoin / TetherUS. Trend Analysis Chart Patterns Wave Analysis BTC BTCUSDT BTCUSD Bitcoin (Cryptocurrency) 20679 views. 603. 53. trendanalysis chartpattern waveanalysis btc btcusdt btcusd bitcoin. We are reached local resistance level around 12k Forming rising wedge The index of fear and greed is too high. Some correction is possible. Best regards EXCAVO Comment: Trade closed ... The exchange used an initial coin offering of Binance Coin to raise $15 million worth of funding in July 2017. ... The funds will appear in your Binance account as soon as they are processed by the Ethereum network. Now you know how to use Binance to open and fund an account. Next, you can learn how to trade on Binance! How to Trade on Binance. There are two Binance trading settings: Basic and ... These sites typically ask the user to enter an email and a bitcoin address, followed by a deposit. They are then instructed to wait for their big returns to arrive within mere days or hours. The ... He was able to set up multiple accounts using nothing but a name, ... that a report published by Chainalysis in January 2020 tracked the movement of $2.8 billion worth of criminal BTC in 2019 to see where it ended up, and found that a staggering 27.5% of that $2.8 billion ended up with Binance—making them the single biggest recipient of illegal BTC in 2019. Of course, this only represents ... Since Bitcoin’s inception, they’ve been on a steady uptrend. The cryptocurrency hasn’t truly been tested as a safe-haven asset if all other asset classes are also doing well. Bitcoin enthusiasts might refer to it as “uncorrelated” with other assets, but there’s just no way of knowing that until other assets suffer while Bitcoin remains steady. It had lost 7,000 Bitcoin, which was then worth a staggering $40 million. Crypto exchange hacks are all too common in this world. There have been hundreds of such thefts, with that swindle taking the total of all money lost at all crypto exchanges to $1.35 billion. Until now, Binance had withstood the barrels of attacks, but this sudden breach triggered it to effectively shut up shop for an ... #bitcoin #binance #china #btc #crypto #cryptocurrency #bnb #ethereum #eth #xrp #altcoin #altcoins #wechat #alipay #bestcrypto. The data contained herein is for cognition functions alone. Nothing herein shall be construed to be medium of exchange authorized or tax recommendation. The content material of this video is alone the opinions of the speaker who is just not a commissioned medium of ...
Something Incredibly Bullish Will Happen To Bitcoin Within 12 Hours - Here's What.
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