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Is anyone else starting to become a bit worried? mod note in first post

Autochange

Bear markets
Fud
Regulation
Wall Street manipulation
The supposed tether ticking time bomb

What are your thoughts? Have you cashed out? Have you been buying the dips?

MOD NOTE:
Its good to see healthy debate and discussion taking place and I am sure every supporter of cryptocurrency and blockchain can agree that the contrarian viewpoint is worthwhile reading, if only to act as an anchor and help prevent investors from getting carried away in an echo chamber of "everything is wonderful, just keep going"

However, there have been a few reported posts recently which I did not action as I wanted to see the thread level out itself rather than start forcing viewpoints and I have been in two minds about that decision.

I'm not going to single any posters out but I'm going to ask that all posters read the forum charter and I want to point out that it was established years ago in the Television forum, that dropping in on a forum to tell the followers of that forums topic (in that case a particular tv show) that it was all crap and only idiots watched it etc etc was the exact definition of being a dick and attempting to troll. I know this because I was the mod of the forum at the time. Now look at the forum charter again.

There is pretty much one rule on this forum : if you cannot discuss in a civil manner, and I mean discuss, not soapbox or attack, then you have absolutely no business posting here and I have no qualms about removing your ability to do so.

This forum is for people that have in interest in cryptocurrencies, blockchain and their application to financial investments. that can be positive or negative but if you really feel the need to start pulling out memes / hiding insults in imaginary hashtags / attacking personalities or just generally being a dick there are other forums you can post in where I will let the local mods determine if it is within the scope of allowable behaviour. Here, it is not.

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grindle

There is approx. one month's worth of people who bought at these levels in 2017 when they were newbies and might want to gtfo right now - if they were smart enough to hold.

Or just CB doing it's thang, you can't sell the peak if it's down.

rapul

Think coinbase has just crashed?! Usual shenanigans is it

grindle

FFVII wrote: »

Will people lose out??

A very good reference to look at here would be Oyster Pearl.

Big hype, hitting $100m+ cap at one point. Dev falls out with rest of team through 2018, tweaks contract to give himself 3m tokens, sells into crowd.

Remaining Oyster Pearl team changes name to Opacity, hopes that faith can be rebuilt and previous heights can be reached again. Current market cap is $636k.

Not saying that'll definitely happen again, but there are many more stories like Oyster Pearl than there are stories where a project tanks and makes it back.

JohnnyFlash

FFVII wrote: »

Will people lose out??

Almost certainly.

JohnnyFlash

Whelo79 wrote: »

Clogged up? 3 posts in this one (which hasn't been used for 3 weeks) because people suggested it should no longer be in the 'excited' thread.

I'll keep the updates to myself. A mod can lock the other thread if they wish.

I'm probably not the voice of positivity you wanted, but you did not a thing wrong that others didn't do.

FFVII

Whelo79 wrote: »

The next steps from the Axion developers.

https://www.docdroid.net/c39ie02/next-steps-for-axion-1-pdf

I have to say I think they are dealing with this excellently so far, with a commitment to try ensure as many people as possible are compensated.

It's amazing that one slimey **** can destroy 10,000 people in a matter of seconds.

Will people lose out??

makeorbrake

Grumpypants wrote: »

We can't go making threads for every individual coin. The place would be overblown. Axion is the story this week that's why it's being discussed in the main threads. It will be something else next week.

I can't see why not. Doesn't cost anything extra, it keeps all
relevant info together... what's not to like?🙃

Grumpypants

el diablo wrote: »

I assumed all the updates were on the one thread. Anyway, didn't intend to vex you.
I don't see what the issue with a dedicated Axion thread though.

We can't go making threads for every individual coin. The place would be overblown. Axion is the story this week that's why it's being discussed in the main threads. It will be something else next week.

el diablo

Whelo79 wrote: »

Clogged up? 3 posts in this one (which hasn't been used for 3 weeks) because people suggested it should no longer be in the 'excited' thread.

I'll keep the updates to myself. A mod can lock the other thread if they wish.

I assumed all the updates were on the one thread. Anyway, didn't intend to vex you.

I don't see what the issue with a dedicated Axion thread though.

Whelo79

el diablo wrote: »

I've opened an AXION thread for all Axion related stuff.

This thread is getting clogged up with stuff that the vast majority of posters here have no interest in.

Clogged up? 3 posts in this one (which hasn't been used for 3 weeks) because people suggested it should no longer be in the 'excited' thread.

I'll keep the updates to myself. A mod can lock the other thread if they wish.

el diablo

I've opened an AXION thread for all Axion related stuff.

This thread is getting clogged up with stuff that the vast majority of posters here have no interest in.

Whelo79

The next steps from the Axion developers.

https://www.docdroid.net/c39ie02/next-steps-for-axion-1-pdf

I have to say I think they are dealing with this excellently so far, with a commitment to try ensure as many people as possible are compensated.

It's amazing that one slimey **** can destroy 10,000 people in a matter of seconds.

Whelo79

Wow, this is interesting from RockNBlock developers involved with Axion. They have identified the culprit from within their organisation and provided all details.

https://drive.google.com/file/d/1RXCQNOwNUbUQTD34bctcNb29Y-vRTJxU/view

Whelo79

Further Axion update from Discord.

@everyone
Certik suspects that the exploit was an inside job on the side of the contract deployment team (Contracts were deployed by RockNBlock)

"the attack was likely planned from the inside, involving an injection of malicious code at the time the code was deployed by altering code from OpenZeppelin dependencies"

All code, besides the altered OpenZeppelin dependencies, is sound. In the github, RockNBlock had imported the correct library but when they deployed, they swapped it out with one that has a backdoor.
The auditors had no way of checking that and must've assumed they would use the real library.

We're unsure whether the entire RockNBlock team was complicit in regards to execution of this exploit or if it was a single rogue member of RockNBlock. We'll be discussing the situation further with them and re-evaluating our plan to move forward. More updates to come.

Reminder, do not buy AXN/HEX2T.

Full details on Certik's findings in this article:
https://cointelegraph.com/news/certik-dissects-the-axion-network-incident-and-subsequent-price-crash

Bob24

stockshares wrote: »

https://www.reuters.com/article/g7-stablecoin-idUSKBN26X26B

Quote
Financial leaders of the world's seven biggest economies will say on Tuesday that they oppose the launch of Facebook's Libra stablecoin until it is properly regulated, a draft G7 statement showed.

If they could hold it long enough for a few dozen large corporate entities to have added BTC holdings to their balance sheet, that would be great :-)

stockshares

https://www.reuters.com/article/g7-stablecoin-idUSKBN26X26B

Quote
Financial leaders of the world's seven biggest economies will say on Tuesday that they oppose the launch of Facebook's Libra stablecoin until it is properly regulated, a draft G7 statement showed.

Lex Luthor

stockshares wrote: »

Kucoin hacked

https://www.coindesk.com/hackers-drain-kucoin-crypto-exchanges-funds

just goes to show you how strong the market is, if this was a bear market right now, the whole space would have tanked after that hack

stockshares

Kucoin hacked

https://www.coindesk.com/hackers-drain-kucoin-crypto-exchanges-funds

el diablo

No, a quantum computer won't instantly reward you with 69,000 Bitcoins ... yet

https://cointelegraph.com/news/no-a-quantum-computer-won-t-instantly-reward-you-with-69-000-bitcoins-yet

Tango One

maninasia wrote: »

I would buy back some SNX, they are one of the most promising of all cryptocurrency platforms .:cool:

It was actually you who got me on to SNX, I'm having seller's regret, it's still on a nice run

maninasia

Tango One wrote: »

Good call on SXP I dump SNX for them hope I don't regret it.

I would buy back some SNX, they are one of the most promising of all cryptocurrency platforms .:cool:

Tango One

Lex Luthor wrote: »

It’s just too risky taking any profits at moment from Chainlink

Swipe native token SXP had a decent weekend

Good call on SXP I dump SNX for them hope I don't regret it.

Stormington

Lex Luthor wrote: »

It’s just too risky taking any profits at moment from Chainlink

I think there's two weeks of choppy waters as it ranges Then it will move again. Probably after Dave Portnoy figures out how to buy it.

Lex Luthor

It’s just too risky taking any profits at moment from Chainlink

Swipe native token SXP had a decent weekend

Lex Luthor

Grayscale have ads running on mainstream media in the US next week about Bitcoin

It could start another buying spree

Thelonious

It looks like bitcon is stalling out short of resistance at 12k .

Stormington

Lex Luthor wrote: »

Think I seen something yesterday that coinbase has zero supply of Chainlink

Not heard that, but if they have to market buy to meet demand they'll do what they can to push the price back down before filling up. Makes sense if demand in the US rocket has rocketed.

I had heard Binance were running low on Tezos due to payments on staking (overdelegated).

https://twitter.com/xdcdreamz87/status/1292400562760228864

Lex Luthor

Think I seen something yesterday that coinbase has zero supply of Chainlink

KilOit

rapul wrote: »

Never mind back on!

Yeah that was weird, had link selling for .031 ETH then coinbase cancelled it and i put it back up for .035 ETH and sold before the dip

rapul

rapul wrote: »

Hmm I see Link has frozen on coinbase, over 11 euro on Binance but stuck at 9.99 on the former, was looking to swap some around but can't!

Never mind back on!