On today’s episode of The Cryptoverse…
Market Roundup 1:00
EtherDelta Founder Fined 8:49
EOS Referendum Contract 15:21
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founder extorted for $75,000 ;) I think you will see more of this to come have already seen quite a few cases already with some of the people even serving time for operating money exchange business. Don't think I've seen you cover etoro looks like quite an interesting platform "social trading" would be interested to hear your thoughts :)
FYI not sure if your profile pic is broke on brave payments would be nice to be able to send a message with the tip you able to identify who sent you bat?
Thanks for sending that tip. I am not able to identify people, your privacy is protected with Brave. I think eToro is fine, it's getting better in the crypto space.
Lots of interesting things to cover today for sure. First, the jokes
Whew I feel better now.
You talked about hitting resistance of the $220b marketcap. When BCH forks, as with any fork or any addition of any coin to CMC, won’t the market cap increase? I wonder how many people who report on or use overall market cap as a metric take into account new coins or forks when market cap rises (or delisted coins when it falls).
Re: Poloniex listing the pre-fork tokens — I say great! I can trade those mostly safely with a bot that takes advantage of the volatility swings, as they dip through the bands, or hits the right metrics I decide push the right buttons of the masses. If I follow the herd and the whales, I can live off the droppings.
Re: EhrerDelta founder fine, this doesn’t bode well for what I thought 2019 would be - the year of the Decentralized Exchange. Maybe this is the SEC’s preferred method of paving the way for their buddies with centralized custodial solutions (read: replace existing centralized FIAT with a new centralized blockchain).
Re: your prediction — extend it a little to include someone like Coinbase dropping the barrier to entry by adding USDC for people to use a dollar as a base and ZRX so they can function as a DEX but still bridge everything with regulators... and it will be a very difficult system to thwart.
The visuals continue to get better and better so the improvements you’ve been working on are a net gain.
BCH has always confused me. I'm thankful for having received some at the time of the BTC split, but somewhere along the line, I developed this fear of selling it in case of a "flippening." I don't know if the latter is even an issue anymore, but the mere thought of it taking the position of dominance owned by BTC makes me just hold it. As long as transaction speed is adequate in the places where I've developed a comfort level, I won't get interested in BCH issues until I've adopted some personal use needs.
Oops. Poor EtherDelta. Everything could be so easy ... without the others... At least this comes to mind with all the controversy going on. Why is WAX so worthy of attention? BAT does not seem to profit of being listed on Coinbase an Jackson P sees this listing as the beginning of the end of high quality reputation for this exchange....
Most people don't realize that when the government goes after you you have a 95% chance of being found guilty. Zachary Coburn did the right thing and just payed the men with guns.
Good video!
I think the penalties against the founder are unfortunate as it would be better for the SEC to first clarify their stance on how these assets were consider securities first. I am surprised that no details were provided as at least it would act as a sort of interpretation for the users to know what to expect. While ignorance of the law is not defendable, clarity where uncertainty exists should be provided.
Exhanges got a long way to go in gaining trust. As an American I'll stick to Coinbase for my exchange needs.
Blessings @marketingmonk could you tell me a perfect website to withdraw my cryptocurrency... I'm in Jamaica
Hi, on this website you can find an exchange in Jamaica...Maybe is not the cheapest one...https://www.buybitcoinworldwide.com/
Speaking of WAX, just got a small bag for myself as well. Hope the AVI will decrease overtime. I'll stay for the long term. WAX seems so active.
That is crazy! Great info, keep it up and thanks!
Isn't it the whole point of decentralized exchanges that they can operate without register or reporting to any "authority"?
Is the founder of Either Delta living in the US or not? I wonder if the SEC could have done something like that even if he was out of their jurisdiction.
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Chris, I have been looking for the 'break' in the video where the advertisement segment was cut out. I haven't been able to find it. Great editing work!