The SWARM Research Report 7/6/18

in #crypto6 years ago

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TWITTER


𝙉𝙤𝙩𝙤𝙧𝙞𝙤𝙪𝙨 𝘽.𝙏.𝘾.‏ @CryptoBiggie
Just purchased another phatty sack of Litecoin $LTC here at $82.50
Will sell a good chunk at 90 [15%] and 100 [20%] - will sell into BTC though. I purchased with fiat

      bitcoin non olet‏ @1bdi_
tight SL or HODL? I personally am trading this one short term. if $btc runs up, it will run more imo


Barry Silbert @barrysilbert
Great to see that Ethereum Classic ($ETC) was just added to the @fundstrat FS CryptoFX 10 Index as part of their June 30th rebalance


Phil ‏ @PhilCrypto77
Heaviest objects in the universe

  1. Black Holes
  2. Neutron Stars: “A teaspoon of neutron star would weigh around a billion tons,” Associate Professor Melatos says.
  3. Bags of #Zcash $ZEC

Kester‏ @KesterWong
Ethereum Classic $ETC on a rally in South #Korea exchanges. Unusual volume and buying frenzy observed.


Uzi [Bitmex ref link in bio]‏ @LilUziVertcoin
Getting ready to buy my first Tezos in the next few days, for all the noobs out there this isn’t a fomo market plan your entries smart and slowly, always trade responsibly

      Andu POTORAC‏ @andupotorac
Wait until $XTZ drops below $250M mcap. If anything this is on par with projects like $NAS, $RHOC. There’s absolutely no rush with this one.


Crypto Bobby‏ @crypto_bobby
Dragonchain hodlers be like, “A NASCAR sponsorship is the most innovative crypto marketing effort ever!”
... meanwhile 4 years ago, $DOGE be like “Hold my beer”

      Cody Scott‏ @SourcedCrypto
Love how you try to make this a fact. But you prob 99.9% just found out $DOGE had did this along time ago. It was great publicity as spectators talked about doge and its background. Same will happen to dragon.maybe you should spend time DYOR then acting like a know it all..


Crypto Insider‏ @CryptoInsiderX
Yesterday, I saw the price of $DENT for the first time in at least a month. I couldnt believe it was at 50 SATS.
Then Binance finally lists it.
BOOM! 150%+ PUMP
Good to see my boy #Dent is still alive.


CryptoMed‏ @CryptoMedicated
Kraken's response to the NY AG's inquiry is so tone-deaf and disingenuous that it would take a complete moron to believe there is anything legitimate about this exchange or the practices it engages in.
But I knew that. That's why they're in the Cartel article.
In #1, they state, "The deadline of 2 weeks is unreasonable given the scope."
Really? To provide information about the ownership and exchange policies?
It didn't ask for documentation on anything except for the times when there were outages. An intern could do this in a day
In #2, they accuse the NYAG of attempting a "publicity stunt". Apart from being the dumbest shit I've ever heard of in my life, this makes zero sense.
A publicity stunt for what?
In addition to that, #2 speaks on the, "inclusion of exchanges which are clearly outside of the AG's jurisdiction" which is also false because Kraken did business in NY (admitted by Jesse) and more than likely still has those NY customers, which puts it under AG purview.
Sources of the Jesse Powell quote: https://www.cnbc.com/2018/04/19/kraken-cryptocurrency-exchange-says-it-will-not-comply-with-new-york-inquiry.html
Source for NY AG investigative powers: http://www.jonesday.com/files/Publication/9865f4f3-3748-4b2c-9474-70f98e52d51d/Presentation/PublicationAttachment/ca8f273e-37c7-4ac8-a623-77ad90215708/The%20Investigative%20Authority.pdf
In #3, Jesse calls it a 'fishing expedition', which is a difficult, if not impossible argument to make given the fact that there are specific questions the AG asks which do not ask for confidential records. At all.
#4 The NYDFS does not = NY AG
This is an entirely diff league, and exchange information from 2014 when the exchange was FIRST INCEPTED cannot be considered relevant in 2018 (4 years later) lol.
Same as #7 minus the dates/years. FinCEN is also a SELF-regulating body.
"Much of this information is publicly available on our site" - Jesse Powell.
So why is it such an affront to you and your exchange if you simply reiterate those answers or even redirect the AG to where they can find the answers to what they're asking?
In #7, they say, "some of this information is proprietary, trade secret information..."
Which makes no fucking sense. If it was proprietary, then that means you trademarked/own it (legally)
Also, this would not be given to the public - it goes to the AG....
What Jesse states in #8 is a reiteration of #7. Literally. Once again - this information would be collected by the New York Attorney General... not some tabloid magazine.
What Jesse wrote for #9 makes zero sense either.
#10 just reads like an impotent child throwing a temper tantrum by insulting the NY AG by demanding "compensation for the 'professional consulting work'", which I guess he was conveying he felt the inquiry amounted to.


tehMoonwalkeR‏ @tehMoonwalker
$ins is excellent just look at their partnerships


paTo paTinYo ‏ @crypToBanger
while u buyin worthless shitcoins im buyn coins like $TFD

      Cinema‏ @CinemaCrypto
All those people on twitter screaming $BTFD what they really mean is BUY $TFD


CryptoMed‏ @CryptoMedicated
https://bitsonline.com/new-facebook-blockchain-engineer-lead/
Very interesting. Obviously bullish information.
Probably a considerable amount of insider trading that was going on when you look at the price action for $ZIL over the past few days.


Don 'Lucky' Crypto‏ @SmartTipps
In my dreams I see $NEO hitting my buy orders at 24 and 17 USD.
Will it go there? No one knows for sure, but imagine the opportunity.
The hardest thing is the wait and not to get caught in the weekly moves.


FACEBOOK


Nate Flanders
Mandala is excited to finally reveal our industry leading developing partners, Modulus!
https://medium.com/mandalaex/mandala-modulus-partnership-announcement-26d7be74229


Kamil Rudziński
Just a reminder/hint that around 15th July there will be a BNB coin burn which happens every quarter, and it's quite cheap right now, so easy +~20% trade, enjoys

      Ellis Romero
tbf I was keeping an eye on the price as it is dropping but not gonna try and catch a falling knife.


Jeff Silver
#Important events
7.06.2018

Streamr DATAcoin (DATA) - TC Sessions Sponsor
aXpire (AXP) - Resolvr 1.0 Demo Release
Dascoin (DASC) - Das Event Barcelona News


Andrew Rush
So last night I posted about how unsecure Google 2FA is. Seems several people commented on there approach to security. I think there a lot of newbies who are not evening using 2FA and email verification for sites. Always have as much protection as possible despite the hassle .
If people like to share their favorite safeguard ways for newbie and others it be great. We all need to keep learning new and improved ways. I learned of some new apps last night but plan to do more research to decide 100% on what suits me best

      Trebor Fishman
On a Dex like Switcheo you trade out of your wallet. To make it even more safe you can create a burner. Now only NEP5 tokens, soon also ERC20.

      Jennifer Leigh
High res is here -
https://twitter.com/jennicide/status/940236428411367424?s=21

Also featured on MyCrypto if you want another write up/source to share.
https://support.mycrypto.com/.../securing-your-ethereum.html

      Ash Roulston
Exchange security is 5 layers.

  1. Undisclosed encrypted email address with a solid unique password and app based 2FA.
  2. Solid unique password for exchange.
  3. 2FA, preferably app based not text based, on a device you can't access your exchange account from.
  4. Whitelisted IP address using a static IP through VPN.
  5. Don't use an exchange for storage - this is to prevent exchange hacks or exit scams impacting you.

Security is about personal responsibility. Of the first 4 factors, your friend shared the info on all 4 of them.

Targeting 2FA/authenticator as the issue is passing the ball. Security was his responsibility. If he had properly handled even 1 of the first 4, he'd have been perfectly fine.

If you wanted to raise concerns about Authenticator having actual security issues, like why they use SHA-1 even after SHA-1 has had collisions, that's an actual discussion on security issues (And the answer to that is they use HMAC SHA-1, not straight SHA-1, so there is no risk)

Even 1 of the first 4 layers handled properly and he'd have been fine.


Teddy Tong
Hello all, would like to ask what's your laddering strategy when scalping and how does your plan vary depending on the coins volatility?

In long positions -
I would put in 5% of my pot at the beginning and if it drops 0.3% then I would enter another 5%.

If it drops another 0.4% then I would enter 10% of my pot.

If it drops another 0.6% then I would enter another 15% of my pot and so on. As you can see its done exponentially.

I have been experimenting different numbers to generate an optimal outcome but I would also like to hear how you strategies your laddering.

      Adam Gambrell
Seems you could run out of capital really fast

      Lukas Schwanitz
Then it drops 20% and u are liquidated and fucked. Don‘t be that guy


Stefan Lim
Here's a question for everyone. I'm sure a lot of us here, either new or seasoned investor, read a lot of crypto news.

Which of these blockchain companies are making money, already generating revenue, and not just living on the raised ICO funds to develop?

      Chris Simms
This is one of my concerns with most projects/coins. Some raised a ton at ICO so if developers aren’t greedy they can float for quite a while and keep things going on development. Many likely can’t and will shut things down in my opinion. Or will shut down and just start a new ICO with similar idea and raise a ton more money and repeat the same thing. I’m not sure how many are truly trying to make functional products out of the 2,000 or so “companies”. And another reason I trust technicals far more than fundamentals in crypto. We have no access to fundamentals info in this space

      Jacoby Nelson
NoLimitCoin, Lympo will be soon I imagine and Morpheus. Steem.

      Daniel René Christensen
HIVE BLOCKCHAIN TECHNOLOGIES LTD (HIVE)
From Canada, listed on the Canadian Venture Exchange. I think they have a good thing going, with great potential.

      Ric Moore
Golem, at least I think it's live now


Michael Kevin Spencer
What do you guys think about Waves?
Waves vs. Ethereum and the Future of Blockchain Startups
https://medium.com/futuresin/waves-vs-ethereum-and-the-future-of-blockchain-startups-2cf273b05a3d

      Darren Vick
Waves is awesome and way cheaper than it should be right meow.
Not having to hire an erc20 developer or bribe an exchange to list your coin... Golden. Waves should be $100+.

      James McClurg
It's even easier to develop a token on the syscoin platform.

      Darryll DiPietro
We built 2 dapps, a wallet and a POS on waves. It's the best platform


David Kuras
Anyone here use the enjin wallet ? Is it safe ? Have you Ever had any issues with it?

      David Seiler
one wallet to rule them all. No issues , been using for 6 months, recent update to it and now I can send and receive from all my different wallets and monitor them from my enjin one

      Sheldon Dearr
I like Enjin but I also use Coinomi, Exodus and a few dedicated wallets, good to have variety if your bags aren't too few in variation


EXCHANGES


Bitox Exchange‏ @bitox_exchange
We are listing BITOX Token on Mercatox


Bit-Z.com‏ @BitZExchange
Bit-Z will launch ESN on BTC market.
Dear traders,Bit-Z will launch SCTK on BTC & ETH market.
Dear traders,Bit-Z will launch NMT on BTC & ETH market.


EXMO‏ @Exmo_Com
EXMO Adds @storiqa Token (#STQ ) to Listing
EXMO Adds @StellarOrg Token Lumens (XLM) to Listing


QUOINE‏ @QUOINE_SG
#MRK is now LIVE on http://QRYPTOS.com


Bitfinex‏ @bitfinex
Trading is now live for Essentia (ESS)


CryptoBridge‏ @CryptoBridge
$MTRIP @maketripcoin is now trading on the #CryptoBridge Decentralized Exchange!
$ADL @adlercash is now trading on the #CryptoBridge Decentralized Exchange!


MERCATOX‏ @MercatoxCom
SAKECOIN (SAKE) market added
Paypex (PAYX) market added


Binance @binance
#Binance Lists #Dent ( $DENT )


HitBTC‏ @hitbtc
We are glad to introduce @MakerDAO‘s $DAI and $MKR. Dai is now available as a #HitBTC quote currency against $BTC, $ETH, $USDT, $MKR, $NEO, $XRP, $XMR, $LTC and $EOS while $MKR is offered for trading as a regular token.


Stocks.Exchange‏ @StocksExchangeR
SE is so proud to start partnership with Florafic


REDDIT


[TE-FOOD Megapost] + Partnership announcement today with the Food and Agriculture Organization of the UNITED NATIONS!
by DeethzPlays

Today TE-FOOD has partnered with the United Nations!

Link to the article: https://medium.com/te-food/fao-the-food-and-agriculture-organization-of-the-united-nations-enters-into-a-cooperation-with-57ab7a9e42f2

proof, emailed the UN contact if its correct:

Plus they are already present in several other countries!

The last big partnership before the UN was 2 weeks ago, with Deloitte Hungary (Deloitte is the biggest of the big 4 accounting firms)
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8wk1rp/tefood_megapost_partnership_announcement_today/


Private testing details coming soon for Trinity (TNC) pilot project Blockchain game WOB!
by NDM29

World of Blockchain (WOB) is an upcoming Blockchain game incubated by Trinity tech based on the ethereum platform.

Introduction:

WOB is a simulation game. Through running their own businesses and hiring qualified employees, players can launch outstanding Blockchain projects and manage leading companies by market capitalisation list. WOB also provides investment, merge and acquisitions for players to increase market capitalisation with the development of their business.

The game will provide gamers chances to gain economic rewards.

Trinity community members will be invited for testing soon, more details to be confirmed closer to the time.

Trinity is a universal off-chain scaling solution, which aims to achieve real-time payments, low transaction fees, scalability, and privacy protection for mainchain assets.
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8wi0lb/private_testing_details_coming_soon_for_trinity/


Is there a DEX being created that will allow users to do USD --> Crytpo --> Euro exchanges?
by jcdjgd

If any of us are traveling to another country today, think about how we exchange our fiat to the local currency. We exchange, for example, USD to Euro, either at our local bank before we leave America, or we take money out of a local ATM in Europe.

Unfortunately, there are fees associated with doing either of these things.

Is there a coin or company developing a way to do something like: log in to a dapp, transfer USD to ETH and then to Euro. Then, that Euro is in our account, and we can withdraw funds from local ATMs without fees in the local country.
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8weuuj/is_there_a_dex_being_created_that_will_allow/


Why do we need institutional money?
by MattOmatic50

This post started as a reply to another thread, but I reckon it deserves a post of it's own - basically, me on a soap box, airing my scattered thoughts...

So, if massive institutional money comes rolling in, the big whales, what could happen?
My take is:

Bye bye the very idea of crypto as it was envisioned, when that 'big institutional money' starts rolling in, the markets will be manipulated even more, regulated of course

This isn't the adoption we want in any shape or form. Yep, it may be possible to attempt to ride choppy waves on the coattails of these whales, but they'll win every time.

The adoption we want is ordinary people being able to freely trade without a middle man - no banks, no institutions - just free trade.
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8wcnmx/why_do_we_need_institutional_money/


Automatic Cryptocurrency price channel prediction. Support and resistance levels. Updated hourly.
by Bitgur_com

We launched an experimental tool which makes technical analysis easier. We are trying to predict support and resistance levels for different timeframes.

Medium article with better formatting: https://medium.com/bitgur/automatic-price-channel-prediction-fe05dd544086

Screenshot:
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8wdj0r/automatic_cryptocurrency_price_channel_prediction/


Have we seen the next big idea yet to catalyze the next run? By big, I mean equivalent to exchanges, the first altcoins and Ethereum.
by Darius510

I’m of the belief that these last few bubbles didn’t happen by accident or were inevitable, but were sparked by big ideas that set the next big wave in motion.

In my mind there were several in the past. Exchanges and an explosion of altcoins that were mostly just currencies were a relatively new thing that fueled the fire for the 2013 bubble.

The most recent bubble was almost entirely due to Ethereum, tokenization, platforms, etc - which completely redefined what crypto could be. Like in retrospect, the bear market basically turned around the day the Ethereum was released. Even if the DAO was a failure, it was a huge new idea. And far from just a currency crypto could now be a platform or token for anything, and huge amounts of money could be raised based on nothing but hype and a paper.
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8wjkkz/have_we_seen_the_next_big_idea_yet_to_catalyze/


MEDIUM


Is the Dai Cryptocurrency a Good Investment?
Market Mad House

The Dai (DAI) is a cryptocurrency built on the reputation of the world’s most successful currency — the United States Dollar. The idea behind the Dai or stablecoin is very simple — each Dai is supposedly worth one U.S. dollar.

Like the Bancor (BNT), Dai is a cryptocurrency designed to be a basket of currencies. The difference is that the Bancor; is a basket of other altcoins, while Dai is a basket of fiat currency.

The ultimate goal of the Dai is to ensure liquidity through a link to a widely used fiat currency. A liquid currency is that one you can readily spend all over the place.

The best liquidity test is always: “can I take this currency down to the supermarket and buy food with it?” If the answer is “no,” then that instrument is not a truly liquid currency. The currency has no purchasing power.
READ MORE: https://medium.com/@MarketMadhouse/is-the-dai-cryptocurrency-a-good-investment-5ad84329f831


MoviesChain : Decentralized Film Distribution Platform
Armagedon

MoviesChain University will certainly hence supply a world-class film education that is available to everyone, anywhere. Unlike typical on the internet discovering (e.g., the Independent Film Institution, UCLA, International Career Institute), or online learning systems (Udemy, Khanacademy, Skillshare, Coursera), the MoviesChain College online system will offer classes for free, or at least partially cost-free. In contrast, the price of examining Movie Manufacturing at UCLA is $10,500 a year.

At MoviesChain University, the educational program will certainly cover the obligations that filmmakers have, such as establishing scenes, placing cams, lighting, routing actors, creating discussion, examining manuscripts, storyboarding, and also correcting troubles. Pupils will certainly also analyze all the responsibilities that directors have both in production as well as postproduction. The entire manufacturing procedure is clarified so that filmmaking is more efficient, scenes can be comprehended, and also movies could be finished properly. The program will better advise students on the best ways to maximize budgets in order to create ԛuality movies that audiences wish to see.
READ MORE: https://medium.com/@armafahrudin/movieschain-decentralized-film-distribution-platform-6d0ed744b21c


ABLE- Blockchain Banking Solution
Mohammad Sakib

Banking and Finance, the core of our market. The banking system is used worldwide and has various uses. The bank system is based on a structure which is almost the same in everywhere. Deposit and Lending and the difference of interest is the profit for banks. But such structure sometimes directly affect the power of financial uses and the demand of the service.

Introduction to ABLE
ABLE has seen the problems in our banking system and has set out to solve them. First, ABLE sees the traditional banking and then the crypto banking. Banks deposit and lending is the main source of profit for them. But banks being the middleman has some drawbacks. After that the crypto banking is centralized and high cost makes them unattractive.

Able is a blockchain based project which aims to solve our problems related to banking and finance. As described above, their main goal is to change the banking structure and make crypto banking for reliable and safe. They want to make banking a better place and also a safe place. But eliminating the limits, they want to increase the reach of the power of lending and such things. In other words, make a platform alternative to banking and make it more reliable.
READ MORE: https://medium.com/@mohammad.sakib0194/able-blockchain-banking-solution-2e6e534838c9


CRYPTO COMPARE STATE OF THE CRYPTO


Bitcoin is down 1.84% at $6,492.420 with a volume of Ƀ59.6k - $392.1M on the USD pairs.

Ether is down 1.33% against Bitcoin at Ƀ0.07046 per Ether and down 2.99% against the dollar to $457.17 with average volume Ƀ43.0k on the ETH/BTC pair.

Bitcoin Cash is down 4.95% to Ƀ0.1095 with volumes of Ƀ21.0k and down 6.41% against the dollar at $711.33.

Ripple is down 3.95% to Ƀ0.00007122 with volumes of Ƀ9.4k and down 5.55% against the dollar at $0.4629.

Zcash is down 7.09% for the day to Ƀ0.02556 per ZEC and down 8.4% against the dollar to $166.68 with an average volume of Ƀ3.5k for the 24 hour period.

Litecoin is down 3.9% against the dollar for the day at $81.29 and down 2.26% to Ƀ0.01253 on volumes of Ƀ13.1k.

Dash is down 1.83% at Ƀ0.03656 with Ƀ9.4k volume and down 3.95% against the dollar at $236.84.

Iota is down 4.97% to Ƀ0.0001701 on Ƀ2.1k volume.

Ether Classic is up 2.99% to Ƀ0.002653 with volumes of Ƀ15.0k and up 1.23% against the dollar at $17.22.

Monero is down 4.65% against the dollar at $131.55 and down 2.88% against Bitcoin at Ƀ0.02023 on volumes of Ƀ3.4k.

Neo is down 8.07% for the day to Ƀ0.005796 per NEO and down 9.66% against the dollar to $37.6 with an average volume of Ƀ6.1k for the 24 hour period.

Waves is down 5.28% to Ƀ0.000429 on Ƀ1.3k volume.

Stratis is down 6.18% to Ƀ0.0003886 on Ƀ453.469 volume.

Cardano is down 5.68% to Ƀ0.00002158 on Ƀ3.6k volume.


RELEVANT READS


Other Countries Forge Ahead on Crypto Regulations
https://www.nytimes.com/2018/06/27/business/dealbook/cryptocurrency-regulations-countries.html?rref=collection%2Fspotlightcollection%2Fdealbook-special-section

Top Exchange Binance Eyeing $1 Billion In Profits For 2018
https://ethereumworldnews.com/binance-billion-profit-2018/

IBM to Transform Australian Governmental Agencies with Blockchain Services
https://www.bitrates.com/news/p/ibm-to-transform-australian-governmental-agencies-with-blockchain-services

Bittrex and Invest.com Band to Create an EU-Focused Crypto Exchange Platform
https://www.bitrates.com/news/p/bittrex-and-investcom-band-to-create-an-eu-focused-crypto-exchange-platform

Switzerland Set To Embrace Bitcoin: Swiss Banks Set To Implement Crypto-Friendly Measures
https://www.bitmoneynews.com/bitcoin/switzerland-set-to-embrace-bitcoin-swiss-banks-set-to-implement-crypto-friendly-measures/

Former Jefferies Asia CEO to Lead $1 Billion EOS VC Arm
https://cointelegraph.com/news/former-jefferies-asia-ceo-to-lead-1-billion-eos-vc-arm

Reserve Bank of Zimbabwe to Study Blockchain Implementation
https://cointelegraph.com/news/reserve-bank-of-zimbabwe-to-study-blockchain-implementation

Bitcoin Bottom Or Just A Bitcoin Bounce?
https://www.forbes.com/sites/tomaspray/2018/07/06/bitcoin-bottom-or-just-a-bitcoin-bounce/#34d7b6af1552

India: Senior Opposition Member Demands Probe Into ‘Mega Bitcoin Scam’
https://cointelegraph.com/news/india-senior-opposition-member-demands-probe-into-mega-bitcoin-scam

Bitcoin Builds Support As Price Stabilizes
https://www.forbes.com/sites/cbovaird/2018/07/06/bitcoin-builds-support-as-price-stabilizes/#70b8bf6b6026

Venezuela to Finance Villas for the Homeless with Oil-Backed Cryptocurrency Petro
https://www.ccn.com/venezuela-to-finance-villas-for-the-homeless-with-oil-backed-cryptocurrency-petro/

HBUS Opens its Digital Currency Trading Platform to U.S. Customers Today
https://bitcoinmagazine.com/articles/hbus-opens-its-digital-currency-trading-platform-us-customers-today/

New York Stock Exchange Executive to Join Winklevoss Bitcoin Firm
https://www.wsj.com/articles/new-york-stock-exchange-executive-to-join-winklevoss-bitcoin-firm-1530885720?mod=searchresults&page=1&pos=1

Bernstein: No, Crypto Markets Aren't Like the Dot-Com Bubble
https://www.coindesk.com/new-report-says-crypto-is-building-parallel-financial-networks/

Bitcoin-Friendly Square Withdraws Banking Application [For Now]
https://www.ccn.com/bitcoin-friendly-square-withdraws-banking-application-for-now/

Crypto Exchanges Officially Recognized as Regulated Banks in South Korea
https://toshitimes.com/crypto-exchanges-officially-recognized-as-regulated-banks-in-south-korea/


This is not investment advice, this is information culled from the web today. Please do your own research.

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