Weekly Crypto Roundup #7 - Blooooooooddddd!!! The World's Gone Mad! Bitcointopia! BCash Dbl Spends!
The World's Gone Mad! Welcome to Weekly Crypto Roundup#7
This is my weekly, week in crypto digest of news, fluff, opinion & more opinion!
Bitcoin! Bloody Sunday. Bitcoin! Bloody Sunday
Today has been a fun day. I woke up this morning and after checking Blockfolio all three of my personalities reacted accordingly...
Source = me!
At current there are two rumors for the 11% BTC drop.
- The CFTC is going after the CME and 4 exchanges for not being forthcoming with their records. https://cointelegraph.com/news/wsj-cme-and-btc-exchange-dispute-led-us-regulators-to-open-price-manipulation-probe
- Korea. Fucking Korea. They either pump and we miss out or they FUD and take us all down with them. A Korean exchange was hacked. Thing is it's like the 98th biggest exchange in the world with very little volume. Even so, if the hackers, ahem Kim Jong Un, stole enough BTC then dumped it on exchanges it could be the culprit. https://finance.yahoo.com/news/bitcoin-tumbles-most-2-weeks-135950398.html
Bitcointopia!
Bitcointopia is a community being developed in Northern Nevada by the Bitcointopia corporation. It will be a master planned city built on top of bitcoin and most likely the Lightning Network. I was initially excited about the concept and reading the website, then I found the team and decided to not part with 0.5btc.
Never fear though! There's Bitnation, Libertopia and many others to choose from!
We'll close this week with some fun news!
Bitcoin Cash Double Spends!
So it looks like those losers devs over on the BTC side were right after all, 0 confirmation transactions are fucking stupid. Someone has done a 30 BCH double spend and it appears there are more, smaller double spends happening as well. https://doublespend.cash
You can laugh, you can cry or you can come fill your bags with me and BTFD!
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#Bitcointopia is a scam. They advertise owning thousands of acres, Elko County shows 4.97 acres. Will not produce a land contract til AFTER purchase... sounds shady. The only reason you would not want a realtor to review your real estate contract is because you have something to hide.
Oh, I agree which is why I didn't purchase any. It sucks because I love the desert, Utah and that part of the states.
I have a slight bit of hope that someone, someday will offer a legit project though. Somewhere we crypto peeps can buy vacation homes.
Thank you for chiming in. Have you written a blog about it??
Go here https://steemit.com/@a-a-a to get your post resteemed to over 72,000 followers.
Sellers have been pushing this down for weeks now. Chance bitcoin has bottomed is about 0%. We are going lower. Give me the panic and i flip BULLISH!
https://steemit.com/cryptocurrency/@heyimsnuffles/crypto-carnage-is-imminent-20180610t190128430z-post
Yes, there has been a lot of selling pressure. Bears been shorting like mad, but the shorts had been running out of breath before this. I believe it was the CTFC news that sent it down. We'll know this week. If it continues to drop I continue to fill my bag. If it goes up I continue to fill my bag. Either way I am fine.
Niiiice!!