Is anyone else starting to become a bit excited?

JJJJNR

I'm staking my stellar using 50% on my Ledger Nano X and 50% on the Stellar Dex. The nano is really easy to use, I'd recommend if your buying to get it direct as when I researched it I found some horror stories of the device being registered to the reseller (ebay etc) who took ownership after it was sold and the end user losing their holdings.

stockshares

Is this good or bad. Binance launches a Bitcoin pegged Token BTCB

https://www.binance.com/amp/en/blog/347360878904684544/Introducing-BitcoinPegged-Token-on-Binance-Chain?__twitter_impression=true

stockshares

Ripple have bought shares in Moneygram.

Moneygram shares have jumped 77%
https://amp-timeinc-net.cdn.ampproject.org/v/amp.timeinc.net/fortune/2019/06/17/ripple-moneygram-xrp?amp_js_v=a2&amp_gsa=1&usqp=mq331AQA#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s

Blueshoe

stockshares wrote: »

Ripple have bought shares in Moneygram.

Moneygram shares have jumped 77%
https://amp-timeinc-net.cdn.ampproject.org/v/amp.timeinc.net/fortune/2019/06/17/ripple-moneygram-xrp?amp_js_v=a2&amp_gsa=1&usqp=mq331AQA#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s

170% now.
https://finance.yahoo.com/quote/MGI?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGaw6O5maoie8I_S9zWI_IzbbXVnWrStzUflOEqh2hUtopWZlNFvVXS1ItKEoHXEpEffBjyQSqIXLZJ-_0sY0kNKchesbQm00BcTUt6HvW058ayKtZPCS0g5x1fp3inE-IXxR0O8j1bO1Bhh4KZbQ8PwKnoxfV44ConTNUnohPj4

Interesting to note that money gram were in a spot of financial trouble before this buy in.
Good spot

Bob24

Blueshoe wrote: »

170% now.

Interesting to note that money gram were in a spot of financial trouble before this buy in

XRP doesn’t seem to be moving much on the other hand, at least for now.

Blueshoe

Bob24 wrote: »

XRP doesn’t seem to be moving much on the other hand, at least for now.

Might take a punt on it.
Looks like money gram shares moved after hours

Whelo79

Surely this is huge news for XRP yet barely a blip on the price??

JoeCole26

Addison Fancy Macrame wrote: »

What hard wallet is everyone using currently ?

Interested in this also. Thanks

JohnnyFlash

stockshares wrote: »

Is this good or bad. Binance launches a Bitcoin pegged Token BTCB

https://www.binance.com/amp/en/blog/347360878904684544/Introducing-BitcoinPegged-Token-on-Binance-Chain?__twitter_impression=true

Very meta.

makeorbrake

JoeCole26 wrote: »

Interested in this also. Thanks

The best known hardware wallets are those produced by Trezor and Ledger.

stockshares

JohnnyFlash wrote: »

Very meta.

What do you mesn

grindle

Blueshoe wrote: »

What does that specifically have to do with crypto currency markets though?

What does it have to do with Eos or Vet or iota?

EOS definitely doesn't deserve to be in there, but that's by the by. Does somebody want network security and finality to the point where it costs them to use a busy blockchain? They pay for it.
If somebody has no use for a chain, they shouldn't use or pay for it. Simple.

If they think they should use a private consortium blockchain (maybe they should) they can do that. With less security as the trade-off.

You seem to be coming from the angle whereby you imagine every crypto-bull is insisting a public blockchain must be used for absolutely everything. That's not necessary. Companies can test and decide whether or not it adds value to their workflow/cuts costs - if it doesn't they won't, if it does they will. Whether or not you think any given shítcoin has a value or not doesn't matter, it's up to the business using it to decide if it matters

Dohnjoe wrote: »

It wasn't a manipulation. It was a full-on rescue of the financial system, aka ourselves. If the system went into full meltdown (it came close enough), it was curtains, 1929 all over again, there were projections of 25%+ unemployment in the US, a catastrophic recession, "soup lines and shanty towns".. real disaster movie stuff. The only thing it would have achieved would have given the fickle public some old testament justice against the perceived arsonists
...
Also regarding QE, yeah it was controversial, has benefits/drawbacks (it's not black and white), but in retrospect most economists seem to agree that it was beneficial considering the circumstances

I understand the motives and realise the crash would have been even more abysmal. The argument seems to be "too many would have been underwater". We're not out of the woods on that from what I can see. It keeps getting delayed, but until we find a way to pay off debt faster than we're printing it (we won't) it's an eventuality no matter what happens.
QE has allowed people to put on a brave face and pretend that 2008 wasn't so bad but it's sowing the seeds of a larger disaster. I'm not even a Bitcoin geek, I don't think Bitcoin fixes the issue. It only cements a given value at a given time. I imagine if Bitcoin or any other coin became a standard all that would be done is the world's governments would say "Lads, we don't have the funds, but we're going to pretend we do so we can pay this debt back with magic money" and people would carry on like normal as if they weren't told directly that they were being robbed. Same as people happily using Tether while it's a fractional reserve, people are so dense that they're A-OK with being deluded.

Every economist's view of QE that I've read has portrayed it as an example of how to quickly bandage an economy but with no idea of how or when to rip the plaster off. It's delaying the inevitable and whenever it has to be ripped off things will be much worse than what should have been the fallout of the 2008 crash. Saddling all future generations with an ever-increasing unpayable debt isn't morally hazardous?

The outflow of this newly created money has certainly been manipulated. The wealth divide grows at a greater pace with every passing year, a greater proportion of the true magic-bean money flowing upwards instead of bolstering the base (the lowly plebes). We already know trickle-down doesn't work - people are selfish pricks - so why do we keep bailing the most selfish retards out? I don't see any long-term upside to removing negative risks for scumbag billionaires.

stockshares wrote: »

What do you mesn

In a normal person's head it just means it's a wrapped BTC token so it can be transferred across the BinanceChain (like WBTC on Ethereum), but in Johnny's brain "ROFLCOPTERLMFAO they're making up a new shíttoken to represent another shíttoken, m3t4!!!"
Analysing his thoughts on the subject is akin to analysing a wet fart.

stockshares

Moneygram will use Ripples Xrapid
https://www.ccn.com/altcoin-news/ripple-announces-game-changing-partnership-with-moneygram/2019/06/17/?__twitter_impression=true

This is Facebook Libra new Wallet/Website
http://www.calibra.com




Ziliqa partners with xfers. Xfers has 500,000 users
Xfers are linked to Stripe.
Xfers is also the fiat ramp onto Binance Singapore
https://www.finder.com.au/zilliqa-and-xfers-partner-to-explore-blockchain-payments

manu2009

So it's official, https://libra.org/en-US/

Here's the Whitepaper: https://libra.org/en-US/white-paper/#introduction and Press Release: https://newsroom.fb.com/news/2019/06/coming-in-2020-calibra/

As expected it's a Stablecoin backed by multiple low-risk assets, I think it will do very well because of the how it's marketed and the number of users FB has (I could see it having a big impact on the likes of Western Union for global transfers), a lot of traditional crypto people won't use it due to the centralised nature but all the naysayers/noobs here will

It's live on testnet now and will launch in 2020 and be integrated with Whatsapp and Messenger.

Intro Video:

grindle

It's better than I'd imagined - it's a smart contract platform as well!

I'm not too worried about it affecting ETH given the centralised governance, but oh my holy fúck - why would anybody own EOS after today?
If anybody wants a speedy centralised blockchain that's "good enough" for some use-cases and great for others, why would anybody choose Larimer's centralised collusion-friendly scamcoin over Libra?
Hahahahahaha, this is great. Given this is crypto and this is awful news for them EOS will probably 10x

JohnnyFlash

So it’s not decentralised, it isn’t private, they can archive off old data so it isn’t really immutable. Is it even a blockchain?

stockshares

CZ gave AMA yesterday. The main points

Binance’s CEO ‘CZ’ Holds AMA

Binance chief executive and co-founder Changpeng Zhao – commonly referred to as ‘CZ’ – conducted his latest Periscope ask-me-anything (AMA) video livestream on Periscope at 3:00 am (UTC) Monday.

On the livestream – which has now garnered over 50,000 views – CZ covered many aspects of the fast-growing Binance behemoth. These included its upcoming margin trading product, Binance US, upcoming initial exchange offerings (IEOs), Binance DEX, and much more. Here are a couple of the key takeaways:

He reiterated that the Binance DEX didn’t block users from the US, the website Binance.org geoblocked them, the DEX itself can’t geoblock
He hoped Binance US will be up and running within three months
The next Binance IEO launchpad is expected on Thursday
Launching Binance US is their priority and there is no ETA for the Argentina-based exchange

Dohnjoe

grindle wrote: »

I understand the motives and realise the crash would have been even more abysmal. The argument seems to be "too many would have been underwater". We're not out of the woods on that from what I can see. It keeps getting delayed, but until we find a way to pay off debt faster than we're printing it (we won't) it's an eventuality no matter what happens.
QE has allowed people to put on a brave face and pretend that 2008 wasn't so bad but it's sowing the seeds of a larger disaster. I'm not even a Bitcoin geek, I don't think Bitcoin fixes the issue. It only cements a given value at a given time. I imagine if Bitcoin or any other coin became a standard all that would be done is the world's governments would say "Lads, we don't have the funds, but we're going to pretend we do so we can pay this debt back with magic money" and people would carry on like normal as if they weren't told directly that they were being robbed. Same as people happily using Tether while it's a fractional reserve, people are so dense that they're A-OK with being deluded.

There isn't a "rush" to repay debt instruments, they have fixed terms and these are constantly met. It's not like personal debt and many seem to get confused by having this mentality

Every economist's view of QE that I've read has portrayed it as an example of how to quickly bandage an economy but with no idea of how or when to rip the plaster off. It's delaying the inevitable and whenever it has to be ripped off things will be much worse than what should have been the fallout of the 2008 crash. Saddling all future generations with an ever-increasing unpayable debt isn't morally hazardous?

2008 was a systemic crisis, we know the causes of it. Unless you live in Greece or similar there is little need to be worried about a sovereign debt crisis

The outflow of this newly created money has certainly been manipulated. The wealth divide grows at a greater pace with every passing year, a greater proportion of the true magic-bean money flowing upwards instead of bolstering the base (the lowly plebes). We already know trickle-down doesn't work - people are selfish pricks - so why do we keep bailing the most selfish retards out? I don't see any long-term upside to removing negative risks for scumbag billionaires.

I don't know what you mean with all this. Regarding global finance, apart from isolated cases, we are in a far, far more robust position than we were in 2007. If something with the magnitude of the 2008 systemic crash hit us right now, it would have a much more diminished effect. Not to paint a picture of perfect calm, there are issues, potential recession, etc, but we aren't flying toward some doomsday as some seem to portray

Tinder Surprise

JohnnyFlash wrote: »

So it’s not decentralised, it isn’t private, they can archive off old data so it isn’t really immutable. Is it even a blockchain?

Founder members (<100) will do all the validating and run the nodes for the first ~5yrs.

An important objective of the Libra Association is to move toward increasing decentralization over time. This decentralization ensures that there are low barriers to entry for both building on and using the network and improves the Libra ecosystem’s resilience over the long term. As discussed above, the association will develop a path toward permissionless governance and consensus on the Libra network. The association’s objective will be to start this transition within five years, and in so doing will gradually reduce the reliance on the Founding Members. In the same spirit, the association aspires to minimize the reliance on itself as the administrator of the Libra Reserve.

https://libra.org/en-US/white-paper/#the-libra-association

q85dw7osi4lebg

https://www.pistonheads.com/classifieds/used-cars/lamborghini/huracan/lamborghini-huracan-lp610-4-5-2-v10-coupe-lifting-system-magneto-rheological-suspension-upgraded-20-black-mimas-alloys/9709748#&gid=1&pid=4

Dohnjoe

Reading about Libra now - actually seems pretty decent, with a chance to target the "unbanked" around the world. Seems like it could act like an indirect version of Wepay or Alipay which are massive in Asia for covering all sorts of basic payments

If it takes off could also be of decent use in future imploding economies depending on accessibility

https://www.coindesk.com/facebook-launches-subsidiary-to-support-new-libra-crypto

JJJJNR

Pretty much word for word the whitepaper of the stellar foundation, they did talk to Facebook last year so wonder if it's a hard fork of that project.

Dohnjoe

Second decent breakdown on FB coin from Coindesk here
https://www.coindesk.com/theres-a-second-token-a-breakdown-of-facebooks-blockchain-economy

Might have a look at the whitepaper later

Looks like we can't invest in it, unless you're a Fortune 500 company. I reckon it will bring a lot of attention and exposure to crypto, could also speed up global digital asset/currency/crypto custody, all good for future crypto speculation

stockshares

Here's an explainer on Facebook Libra/Calibra from the Indo. I presume Adrian Weckler wrote this but it isn't stated in the article.

https://m.independent.ie/business/technology/everything-you-need-to-know-about-facebooks-cryptocurrency-38229700.html

Binance Research have also reviewed Facebook Libra
https://www.binance.com/amp/en/blog/347691965707137024/Binance-Research-Discusses-Libra-Facebooks-New-Crypto-Project?__twitter_impression=true

Nobelium

BOOM

bye bye Bitcoin . .back to the pathetic pimps and drug dealers where you belong

makeorbrake

Nobelium wrote: »

BOOM

bye bye Bitcoin . .back to the pathetic pimps and drug dealers where you belong

:D:D

q85dw7osi4lebg

Nice support just below $9k, reckon we will see $10k before the month is out.

makeorbrake

Nobelium wrote: »

BOOM

bye bye Bitcoin . .back to the pathetic pimps and drug dealers where you belong

I never thought I'd be so intrigued and fascinated by the notion of a launch of a ****coin. There are still loads of ifs and buts but I think they will make a shed tonne of money if they can get some traction going.

And yet I'm not at all phased by your jibe...go figure...

The futures bright, the futures crypto.

makeorbrake

Addison Fancy Macrame wrote: »

Nice support just below $9k, reckon we will see $10k before the month is out.

I'm in two minds. It was long due a correction back down the way. Yet, with this facebook development and more fomo in play, i'm conflicted. I also believe that 10k would bring the fomo crowd in. I can never play the short game in crypto - only long term and perhaps that's why I'll go back to a longer term perspective.

q85dw7osi4lebg

makeorbrake wrote: »

I'm in two minds. It was long due a correction back down the way. Yet, with this facebook development and more fomo in play, i'm conflicted. I also believe that 10k would bring the fomo crowd in. I can never play the short game in crypto - only long term and perhaps that's why I'll go back to a longer term perspective.

Long and strong myself, have never sold a single satoshi. I agree in that most are expecting a pull back, but that's when it usually doesn't happen, altho I'd still like one.

Also, thought this was interesting. https://www.cnbc.com/2019/06/18/rep-maxine-waters-facebook-should-stop-work-on-libra-cryptocurrency.html