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CRYPTOCURRENCY

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Can we keep all the sensible crypto ans drug chat in here.

Multiple lawsuits incoming from the other deleted thread

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Car loan, home improvement loan all that shiz lump it

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All good advice

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salon looking to support blockchain in exchange for ad free reading
www.salon.com/about/fa...

"How does Salon make money by using my processing power?

The demand for computing power across many different industries and applications is potentially very high. We intend to use a small percentage of your spare processing power to contribute to the advancement of technological discovery, evolution and innovation. For our beta program, we’ll start by applying your processing power to help support the evolution and growth of blockchain technology and cryptocurrencies.

However, the possibilities for this sort of technology are limitless: Your spare computing power may go to solving the kinds of complex math problems that form the integrity of blockchains, but it can also be used for humanitarian and scientific projects such as helping research how proteins fold, to aid in biological discovery or helping pay for misdemeanor prisoners’ bail or see if we can better predict the impact of climate change ."

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Microsoft To Embrace Decentralized Identity Systems Built On Bitcoin And Other Blockchains

“After examining decentralized storage systems, consensus protocols, blockchains, and a variety of emerging standards we believe blockchain technology and protocols are well suited for enabling Decentralized IDs,” today’s announcement post from Microsoft says.

Identity is one of the long-touted use cases of blockchain technology that does not have anything to do with payments or currency. In today’s post, Microsoft points to Bitcoin, Ethereum, and Litecoin as three specific platforms that are suitable foundations for DIDs."

www.forbes.com/sites/k...

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Nice one. Good to see companies looking at ways to use blockchain in sensible ways instead of trying to inflate worthless tokens

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Agreed. There are too many shitcoins about.

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Beyond the Bitcoin Bubble

"The whole exchange takes no more than a few minutes to complete. From my perspective, the experience barely differs from the usual routines of online life. But on a technical level, something miraculous is happening — something that would have been unimaginable just a decade ago. I’ve managed to complete a secure transaction without any of the traditional institutions that we rely on to establish trust. No intermediary brokered the deal; no social-media network captured the data from my transaction to better target its advertising; no credit bureau tracked the activity to build a portrait of my financial trustworthiness.

And the platform that makes all this possible? No one owns it. There are no venture investors backing Ethereum Inc., because there is no Ethereum Inc. As an organizational form, Ethereum is far closer to a democracy than a private corporation. No imperial chief executive calls the shots. You earn the privilege of helping to steer Ethereum’s ship of state by joining the community and doing the work. Like Bitcoin and most other blockchain platforms, Ethereum is more a swarm than a formal entity. Its borders are porous; its hierarchy is deliberately flattened.

Oh, one other thing: Some members of that swarm have already accumulated a paper net worth in the billions from their labors, as the value of one “coin” of Ether rose from $8 on Jan. 1, 2017, to $843 exactly one year later.

You may be inclined to dismiss these transformations. After all, Bitcoin and Ether’s runaway valuation looks like a case study in irrational exuberance. And why should you care about an arcane technical breakthrough that right now doesn’t feel all that different from signing in to a website to make a credit card payment?

But that dismissal would be shortsighted. If there’s one thing we’ve learned from the recent history of the internet, it’s that seemingly esoteric decisions about software architecture can unleash profound global forces once the technology moves into wider circulation."

www.nytimes.com/2018/0...

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"But that dismissal would be shortsighted. If there’s one thing we’ve learned from the recent history of the internet, it’s that seemingly esoteric decisions about software architecture can unleash profound global forces once the technology moves into wider circulation"

Given most people realise the highly speculative basis for buying into crypto at the minute, this pretty much sums it up, takkiSSchitt.

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Saw some block chain companies with shares in the pennies. Don't want to involve all that coin nonsense I don't understand but wouldn't mind a flutter on the technology. At those prices even if you lose wouldn't be too much of a hit.

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I guess it's depends on your viewpoint of the technology, Bart.

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PM Jordan Belfort, Discodave.

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Your logic is a bit off you actually tend to lose more money at those prices discodave. Penny stocks are very risky.

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Cheers boyos

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DB's been awfully quiet of late, those mining machines he bought is he over the threshold for a R.O.I. or waaa?

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Pretty decent article for anyone still unsure about crypto/blockchain tech

medium.com/s/welcome-t...

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Got to the 4th sentence and already bullshit - “Bitcoin is a cryptocurrency — a digital version of an asset, much like gold“

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Surprised you don't know what an asset is tbh

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Bullshit is par for the course in finance or any kind of investment market. The problem being even the absolute shills can be proven right a fair amount of the time through sheer luck alone

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echcrunch.com/2018/02/...

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Get em chape leds before they mooooon www.washingtonpost.com...

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i expect DB is all over that one.. talking of DB, he deed?

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I think his crypto trading account is

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imagine being the most wrong about every venture you ever try. scundered.

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He was brilliant at online poker and buying rugs in Morocco.

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i admire the guys complete an utter dedication to whatever venture tickles his fancy, hes bound to strike gold sooner or later

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www.fastcodesign.com/9...

www.theguardian.com/au...

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Decent article with some rational views, IMO - medium.com/theblock1/p...

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Here is something that confuses me. While the interest in Blockchain is massive...to what extent do the coins actually hold value in getting into that tech when the big companies are moving towards bespoke blockchain solutions such as this:
www.ibm.com/blockchain...
ackernoon.com/food-you...
yperledger-fabric.read...

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from what I have seen, supply chain tracking solutions look to be the most likely to see significant real world applications in the near term

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Couple of years ago, I heard a good idea about linking song royalties to an artist. You bought the tune, and the artist got 100% of purchase. They didn't need a middle man to control the copyright.

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Bitcoin is based on the blockchain pipe dream
www.theguardian.com/bu...

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That article is determined to make its point...a list of all cons on Blockchain.

This: "Moreover, it turns out that many likely appropriate applications of blockchain in finance – such as in securitisation or supply-chain monitoring – will require intermediaries after all, because there will inevitably be circumstances where unforeseen contingencies arise, demanding the exercise of discretion. The most important thing blockchain will do in such a situation is ensure that all parties to a transaction are in agreement with one another about its status and their obligations."

IBM have no problem with this, using the Linux hyper ledger to develop their supply chain Blockchain, which also requires the role of verified agents in the chain.

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Yeah, was written by Nouriel Roubini

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The black swan ballbag?

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Hahaha, no that’s Nassim Taleb (who correctly is a ballbag)

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I'll have a read tomorrow then, and sleep easiert tonight

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Officially bailed on IOTA down on my couple of hundred by 10% since I got in. Brother was getting out of his Bitcoin and ALTs completely so decided I'd do the same. He still has mining contracts on the go but needs a higher price to cover himself.

No lambo for me :-(

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The top 10 are generating as much $3 million in fees a day, or heading for more than $1 billion per year - www.bloomberg.com/news...

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weak hodling genetics = no lambos

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Load of balls all this.

DB must be in the red at the moment

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tbf im glad yous all didnt end up getting lambos, id be fucking raging missing out cause i couldnt get money into the system

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DB probably sweating his balls off running deep into the red and from the excessive heat from his mining machines

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More bad news for DB
www.cnbc.com/2018/03/1...

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Must been some money lost with people not having a clue what they where at but investing into the mining machines that currently can't even run anymore.

At same time long term could work if you let them run and the coins bounced up to 19k again. Doubt it

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Yeah where's the stories of all those people who were investing their life savings and remortgaging the house to buy Bitcoin. Thier mates must be laughing their bollocks off at them now.

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Takki...you must be seeing good value right now.

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RP hes been banned

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Lolz, RP really laying the boot in there. Been a tough week for takki

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Haha. Funny he is reduced to PM's only it seems

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see if it where me and i was running this show, i wouldnt be banning active participants on a message board but if i wanted to send a message id simply add (cunt) onto the end of their usernames for an unspecified amount of time or make their posts really real light in colour but outright banning.. ffs, takki posts up some good shit in the tech/vr/space posts that i find interesting and Baz is a refreshing everymans voice in amongst you mongs

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