Algo Signals Review - Scam or Legit? Find the Truth!
Algo Signals Review - Scam or Legit? Find the Truth!
Binance Python API – A Step-by-Step Guide - AlgoTrading101 ...
Cryptocurrency / Bitcoin Trading Bots in Python - GitHub
Top 4 Binance Trading Robots: Best BNB Crypto Exhange Bot?
Top 4 Algorithmic Trading Strategies to Trade Crypto ...
Binance Uganda wird geschlossen BitcoinMag
Algorithmic Trading For Beginners 🥇Maximum PROFIT! - Learn ...
What Is Bitcoin Algorithmic Trading? - Bitcoin Market Journal
Finden Sie hier den richtigen Binance Trading Bot für Sie ...
Binance Revamps Perpetual Futures Structure Following ...
MXC Exchange – One-stop Service Provider
Established in 2018, MXC has become a one-stop service provider. It is now able to provide users spot, margin, contract, leveraged ETF, Index Products, Contract, PoS Staking, OTC services. It emerges as one of the fastest growing exchanges in the world. In 2019, the daily trading volume of MXC took 5% of the world’s digital market. Besides, leveraged ETF products on MXC took lion share in the world of the same kind of products based on data from CryptoRank. On top of that, It obtained regulation-compliance licenses in many countries, like U.S., Canada, Australia, etc. and is able to carry out digital asset service in these countries. https://preview.redd.it/xmdorlqtjt951.png?width=1298&format=png&auto=webp&s=b791ee9dc47ff43cca9bf281cacbc05a61fa2632 In the aspect of OTC trading, MXC established partnership with Simplex, a European regulation-compliance payment company, and Banxa, a legal payment company in South-east Asia, allowing users to use Visa and Mastercard to buy cryptocurrencies, like BTC, ETH, etc. directly. In the aspect of spot trading, MXC now support over 200 trading pairs. In addition to the top market cap coins and token, it has listed many high-quality DeFi projects, like COMP, MKR, SNX, KNC, LEND, REN, BNT, IDEX, SWTH, OKS, RUNE, KAVA, BAL, UMA, etc. as well as projects of Polkadot ecosystem, like KSM, EDG, PCX, RING, etc. In the aspect of margin trading, MXC supports the largest number of margin pairs among all exchanges across the globe, with 2 – 10x leverage available. The automatic loan and repayment functions are available. With the coming of the upgraded margin system, the depth, price difference, loan efficiency and matching efficiency have greatly updated. In the aspect of leveraged ETF, MXC, learned from traditional financial products, introduced in re-balance system, so there’s no liquidation risks in buying leveraged ETF products. Leveraged ETF tracks the changes of the underlying assets with 3x leverage. “3L” products refer to 3x long, while “3S” products 3x short. Now it 3x leverage for 29 cryptocurrencies, including BTC, BCH, BSV, DASH, ZEC, ATOM, XTZ, ALGO, etc. In the extreme market on March 12, 2020, BTC plummeted a high of 52.36% and the ordinary 3x leverage products for BTC plunged by 157.08%. However, with the re-balance system, the BTC3L product on MXC decreased by 92.96%, lower than the ordinary 3x leverage products and protect the interest of users in some extent. Furthermore, in the following market, the BTC3L product rose by 236%, higher than the 167.41% of ordinary 3x leverage product. The leveraged ETF once became the label of MXC, "Huobi's OTC, OKex’s contract, MXC’s ETF and Binance's spot." The popularity of leveraged ETFs has attracted many exchanges to follow suit. In terms of index products, MXC officially launched index products under the ETF zone, including decentralized storage asset index, mainstream cryptocurrency index, DeFi asset index, public chain index, 2020 halving cryptocurrency index. MXC index products are similar to traditional financial fund products, and each index product is composed of multiple constituent cryptocurrencies. According to the announcement, the MXC Index product will be adjusted according to the average daily turnover ratio of the previous 30 days, that is, the proportion of the component cryptocurrency will be adjusted. If the target does not meet the representativeness and investability, the index may be removed from the product. Decentralized storage combination components are STORJ, LAMB, GNX, BLZ; mainstream currency combination, components are BTC, ETH, LTC, EOS, ETC, BCH, BSV, XRP; DeFi asset components are KNC, ZRX, KAVA, NEST; Public chain combination, the components are TRX, VET, NEO, QTUM, BTM, ONT, IOST; halving index components are BTC, ETC, BCH, BSV, ZEC, DASH. Index products can help users not miss the bull market. Any one of the constituent cryptocurrencies increase, the user can make gains. Secondly, it can help avoid the risk of a single cryptocurrency’s plunging. In addition, it can also help save investment time and improve investment efficiency. In terms of contract transactions, MXC upgraded the contract trading system and launched a new version of the contract in June this year. MXC contract trading currently supports free adjustment of 1-100x leverage multiples. In the isolated margin mode, users can still adjust the leverage multiples after opening a position, and support isolated margin conversion to cross margin, which can help users pursue the market with all their strength. It supports users to place stop profit and stop loss orders at the same time, while occupying only one margin. It supports Post Only (Maker only) and IOC (Immediately or cancel all) strategies. Under Post Only (Maker only), the user will not immediately place an order on the market when placing an order, to ensure that the order is always Maker (pending order), saving handling fees. IOC function, that is, if the order cannot be fully executed, the rest will be cancelled. For example, the BTC price index of MXC selects the bitcoin spot prices of 6 exchanges, namely: Coinbase, Bitstamp, Binance, Huobi, OKEx, Bitfinex. If the spot price of an exchange deviates from the median of all exchanges by ±3%, the spot price of the exchange is calculated according to the median of ±3%. Use reasonable prices for liquidation, which are based on index prices. In addition, underlined proper nouns on the webpage, as long as the mouse points up, the corresponding explanation will be displayed, which is convenient for users to understand. In terms of PoS pools, MXC supports three types of PoS: Saving, Staking and Lending. Among them, PoS saving does not need to lock assets, and holding assets can obtain income.
Weekly Update: Mini-Parenas, Hydro AMA on Uptrennd, Wibson app update, SelfKey’s $KEY on Hotbit... – 24 Jan - 30 Jan'20
Hi Parachuters! Here’s part IV of VII as we catch up - your week at Parachute + partners (24 Jan - 30 Jan'20): In this week’s Parena(s), Cap hosted mini-Parenas (smallest, 2nd smallest, 3rd smallest) this week along with a main Cloodfest which Jeff won to take home 25k $PAR. We also had a special 2nd quick subsequent Parena between Nathan and Foo to determine the 3rd and 4th positions. Alejandro will be hosting a CoD flash game in gun game mode next week in the Parachute War Zone. This week Doc Vic hosted an NBA and Soccer raffle. Bose's History Trivia in TTR was super fun and had 2k $PAR in prizes per question. Gamer Boy’s math trivia had TTR fans reaching for a calculator. Haha. Foo hosted another intense trivia in TTR as well. Afful held another one too for 1k $PAR prize per question with a 10k $PAR prize pot. Cap joined a Y Combinator startup school session to network with other entrepreneurs and gain insights on product growth. Congratulations to Aims1 for winning the #parttrenjraffle (shared in the last update) and becoming the proud owner of two rare collectibles. Gian hosted a rapid round of name-a-tennis-player for $PAR prizes to mark the Australian Open underway. TTR launched a GIF contest this week with a 40k $PAR prize pool. Sweet! Chris announced the restart of the Parachute Super Bowl Squares with a prize pot of 1M $PAR. Whoa! For this week's Two-for-Tuesday we had folks posting songs "featuring bands with amazing guitarists". Great theme GC! For #wholesomewed Jason got Parachuters to talk about pets they wished they had. In the latest #FPL update shared by LordHades, the top 3 spots are still occupied by LH, Alexis and Novel Cloud. Click here for the full update. Some neat feedback on ParJar from the Y Combinator startup school session Cap: \"a sneak peak at a one pager we're cooking up\" The aXpire team was in India this week for a workshop geared towards the release of Bilr. 20k $AXPR burn for the week happened like clockwork. 2gether’s consumer spending report (which was released last week) was covered by Coin Rivet this week. Check out 2gether’s 2019 journey, here. Spanish speakers, you can listen to Founder Salvador Casquero’s thoughts on digital business which he shared with AEFI Fintech Association here. FunOntheRide’s new tutorial video explains how the 2gether card works. This week’s #XIOSocial discussions revolved around high-value-no-profit companies and Citizen’s thoughts on “inverted lending platform”. Read about how to earn to earn crypto and about the SMS industry from Birdchain’s blog. Still waiting to check out the 3 new communities on Uptrennd? Click here to have a peep. If you didn’t know this already, you can now create polls on your posts on Uptrennd. Cool! Click here to read about more updates. Hydro crew sat down for an AMA with the Uptrennd community and gave away 100k $HYDRO tokens for the best questions. Jeff’s interview of Zero Collateral DeFi came out this week. You can read about it here. Congrats to the winners of the Uptrennd Meme Contest. Those were hilarious! For a sneak peek into Uptrennd 2.0’s designs, click here. Steven Aitchison's (CYT Crypto) latest video features the platform. Have a look! The District0x community voted to have industry news in the next DApp Digest stream. For the latest District Weekly, click here. Hydro made it to Crypto Weekly’s list of 250 crypto companies to watch in 2020. The Hydro team wrote about Financial Health Check and Emergency Savings Fund tools to get you prepared for a rainy day. Their article on challenges during digital onboarding processes at banks should be an eye opener for legacy organisations. Epic work Artefe Crypto Art! How will Digital Identity Management play out in the Hydro Pay app? Click here to find out. Silent Notary’s AMA with Quora Inner Circle was last week. Its transcript was released this week. This week they appeared for an AMA with The Block Circle. The Ubikiri app was released this week to the App Stores. Winner of Round 1 of Traders Battle was announced. And just like previous weeks, they posted daily summaries of dev work progress (1, 2, 3, 4, 5, 6, 7, 8, 9). Uptrennd 2.0 early previews look great! Sentivate’s $SNTVT token is now supported on the Enjin wallet and does not need to be added as a custom token. Ahead of ETHDenver, where OST’s Pepo app is the official community app, a guide was published. The latest update allows login with a multitude of IDs. CEO Jason Goldberg was interviewed by Jason Nelson (Crypto Insights Journal) where he talked about community building on the blockchain. Check out this blog post by State of the DApps which discusses unique use-cases of Pepo. SelfKey’s $KEY token is now tradable and playable on Play Royal. To celebrate the occasion, competitions were launched with prize pools worth USD 6k in $KEY tokens. The token was also listed on Hotbit and InstaSwap this week. Click here and here for sneak peeks into the SelfKey mobile app under development. Constellation CEO Ben Jorgensen spoke at the Crypto 2020 Summit this week. Community member Constellation LV is currently working on a Ledger app for the project. Click here for a preview. A Russian language section was added to the website. CTO Wyatt Meldman-Floch demonstrated how double spend attacks can be prevented. In Yazom’s January update, founder Sanjé Witter shared that the open beta was on course for release in a couple of months. Pynk’s Rose AI continues to learn and self-improve through advanced algos and inputs from Super Predictors. Read more about it here. Unsure what crowdfunding and seed rounds mean? Pynk will be raising through this mechanism soon. In preparation for it, they released an article to explain what it is and how to pre-register for it. Plus, an article on compounding explains why it is so powerful. A new update for the Wibson app was released this week. The latest version of their protocol paper covers secure data exchange and batch payments. Harmony’s $ONE token swap was covered by Coindesk and BeInCrypto. BitMax launched a BitTreasure event where users earn interest on $ONE deposits. Harmony hosted a dev community meetup in SF in collaboration with Polkadot, Taxa Network and Nervos Network to discuss on Web3. GET Protocol crew appeared for an AMA with Cryptoverse this week. GUTS Tickets got featured on Finnish tech blog Tivi. Crypto Jen (Jenny from the Blockchain) joined Global Crypto Alliance as an advisor this week. $CALL is now supported on Eidoo wallet. The transcript of last week’s COTI AMA with tehMoonwalkeR can be seen here. COTI released incentive plans to reward its TestNet node operators. TxBit exchange announced its support for DoYouTip’s $DYT token swap. ParJar holders will also have their tokens swapped automatically. And with that, it’s a wrap for this week at Parachute and partners. See you again soon. Cheers!
Moonbot Our team has developed and is supporting the trading terminal MoonBot which was introduced in October 3, 2017. Currently, the performance of MoonBot surpasses that of most existing trading systems as a result of its advanced functionality and the high security features designed to protect your trading activities. Secure Connection to the Exchange The connection from MoonBot to an Exchange is carried out using special keys that the user receives from an exchange such as Binance or Bittrex. MoonBot connects securely to cryptocurrency trading Exchanges through two special keys which are uniquely and only known to their owner. These are the API key, and the Secret key, both of which the users receives directly from the Exchange. The MoonBot terminal then receives data and information from the exchange’s API collected at several different access levels, including: Public information (publicly accessible data related to trading in general):
real-time executed orders.
Authenticated information (unique to the users and which requires authentication access using the special keys): personal account status (wallet balances);
user transactions (such as the details of executed trades).
After receiving the various data information from the exchange, the terminal records these data in a local database for further processing and application. Security Systems The MoonBot terminal provides completely private storage of all your personal data! The MoonBot team has absolutely no access to personal data, you are the only one controlling its security and have complete control over access to your details. The MoonBot team are not able to withdraw, nor to move, any funds from your personal Exchange account or wallet. You can therefore safely use the terminal for trading, receiving public information from the Exchange, and should you wish to share with others, the trading data on your account. You therefore are the only person with control and access to your Exchange wallet, and can be completely assured of the absolute security of your private funds. Lightning-fast Execution of the Orders on the Exchange and Order Status Update Depending on the distance of the user from the exchange servers, the delay in order execution should not exceed 1 second. Theoretically, the delay can be reduced to a minimum intangible — 10–20 ms. Below is presented a very short extract(4 seconds in total) of the MoonBot log text file with brief explanations and highlights of the key features. The MoonBot log text file with brief explanations and highlights of the key features. Tick Chart. Display of All Orders on the Chart Thanks to the API connection to the exchange, the terminal receives stream data of all filled orders on the exchange as soon as they were processed by the exchange servers and immediately displays them on the chart. Tick Chart. Thus, the visualization of the current state of the market is provided in real time with an accuracy of tens of milliseconds and as detailed as displaying each order on the chart. Auto Trading on Signals Fully automatic processing and trading off Telegram signals as well as parced TradingView alerts. https://preview.redd.it/rw6im5wl1m931.png?width=1095&format=png&auto=webp&s=0ce7e7287dae27a0a71970083435fa93e592e5b5 Automatic Detection of Market Conditions and Reaction to its Changes Thanks to streaming data acquisition, the terminal monitors all available markets simultaneously, and is therefore able to react almost instantaneously as favorable trading possibilities are presented. And due to the minimal delay in the execution of orders, MoonBot responds to abnormal changes almost instantly. Advanced Orders. Stop Loss, Take Profit, Trailing Stop OCO orders (one cancels the other) are one of the most sought-after functions from both the Exchanges providing liquidity to the markets, and applications running on top of the exchanges. The modern Trader cannot trade without the basic “smart” functions and addons to traditional exchange orders and considers them to be the minimum necessary set in their armory. https://preview.redd.it/3gsh12b42m931.png?width=1200&format=png&auto=webp&s=7f21bd7e7505f9bb5a95555cf355bb6f1f5efab4 Stop Loss One of the most important tools for Traders is to be able to place orders whilst practicing safe money management in order to mitigate against losses. One of the most important safety tools is to use a Stop Loss, which is especially important in volatile, low liquidity markets. With MoonBot, the user can set a Stop Loss threshold (either as a percentage of the order price, or as a number of price points), which their strategy can accept should the price move in the opposite direction to that expected. When this threshold value has been reached, the order will be closed automatically. Technically, a Stop Loss can be set up in two ways: either as a stop-limit order placed directly on the exchange at the same time as the initial position is opened; or as a function controlled in real-time by the MoonBot terminal itself. Additional types of conditional Stop Loss functions include:
Additional and conditional Stop Losses – these are activated by a timer, and depend on the price reached. Thus Moonbot can raise the Stop Loss to a break-even point, or can be set to move upward to follow coin growth and to achieve higher profitability.
BV/SV Ratio Stop Loss — this is a measure of buying/selling pressure and depends on the ratio of the volume of coin purchases compared against sales over a given time range. For example, if the number of sales exceeds the number of purchases, then this Stop Loss would be activated
V-STOP — this is a stop which depends on the volume in the orderbook, where a price and volume level is set, which if broken will activate the Stop Loss.
Trailing Stop — Trailing Stop is a General Stop Loss Management Tool. This very important feature allows the Trader to maximize profit in an automatic mode by following upward price movements, until the price reverses by a preset amount. At that stage the Stop Loss is activated. Take Profit
The Trader can fix the profit gained as the value of an asset increases in several ways:
By closing the position after a predefined profit percentage has been reached.
By remaining in the position, and setting the Stop Loss level to break-even, or to higher profit levels.
All trade actions from the Master Terminal are repeated on the Follower’s Terminal (slave terminal).
The Follower’s deposit remains securely in their own personal exchange account.
The Trusted Management feature does not have direct access to money, or to direct trading on someone else’s account, but manages only its own Exchange orders, simultaneously broadcasting encrypted messages to Followers terminals containing all Master actions.
https://preview.redd.it/h8ak7b4g3m931.png?width=1023&format=png&auto=webp&s=caf33dad55ad6b51ed9f1e44316df9182b875eff Trust Management is successfully implemented and used by members of our community. The statistics of those TM Traders who share their results can be reviewed on the website — stat.moon-bot.com on the RatingTM tab. Community During the two years of development of the MoonBot terminal, more than 30,000 copies have been registered and used by our Community of Traders. Every day several thousand people trade cryptocurrencies using the MoonBot terminal, making daily approximately one hundred thousand manual and automatic transactions only on the leading crypto-currency exchange — Binance. The existing community of traders is actively developing. The MoonBot project has its own active pages on popular social networks, in dedicated Telegram channels divided by topics, and also its own Trader’s forum available to subscribers. Topics on the BitcoinTalk Forum
stat.moon-bot.com — trade statistics of the community members, TOP-50. Telegram Groups
t.me/moon_bot_crypto — the main RU-chat for communication.
t.me/Moon_Bot_Public — main ENG chat for communication and support.
t.me/MoonBotSettings — RU technical support chat.
t.me/moon_bot_kurilka — general RU chat. Telegram Channel
t.me/MoonBotNews — the latest news and updates. Social Network www.facebook.com/MoonBotTerminal The current Support team is actively assisting users and resolving their issues through dedicated Telegram channels.
Weekly Update: ParJar hits 1k, aXpire appeal to PAR fam, Fantom crushing it, 2gether presale... - 15 Mar - 21 Mar'19
Sup Guys! Here’s another detailed update for the week that was at Parachute (15-21 Mar’19): We reached 1000 members in ParJar this week! This called for a celebration Parena. And games master Jason answered the call with a battlefest like never before. Alexis beat FwBastille in a long and bloody finale to take home a big chunk from the 300k PAR pot. March Madness is now live! Hope you made good picks. Brackets are locked and now visible. 475k PAR is on the table. If you want to watch the tourney, stream here. Parachute + aXpire hosted DoTA 2 competition is still open for entries. 1.25M PAR + 10k AXPR on the line. Get in! Click here for more details. The teams will play on 6th April 8 PM EST. Did you make your entry for the charity Parena yet? It will be held on 14 April and is a buy-in Parena. Make a minimum 5 USD donation to Clinton’s charity either through ParJar (tip Clinton) or directly (share proof with Jason) and stand a chance to win a unique t-shirt. Alexis’ Shrike’s journey to victory in the 1k celebration Parena aXpire has officially entered the prestigious list of tokens (“The Pool”) that will be voted on for listing on Ethfinex (voting starts on 2nd April). aXpire calls on the Parachute community to help them get over the final hurdle. You’ll need EVTs (Ethfinex Voting Tokens) to vote for aXpire. Check out this article on how to get EVT. aXpire will rebate the community for their ETH spent on EVT voted. Make sure to submit details of your EVT purchase and vote to get the rebate. Also, there's an additional draw for a chance to win 1000 USD in AXPR for voters. Details here. Let’s do this folks! Let’s get on Ethfinex! In more aXpire news, 10k more AXPR was burnt as part of the weekly burn event. Still figuring out, how to use MatchBX to find work? Have a look at this cool infographic to get your questions answered. aXpire was listed on Blockfolio signals this week. All Blockfolio users who track AXPR or have it added to their portfolio will now get updates from the team through push notifications. At aXpire, the team strives to make a positive dent on the world. Here’s their positive dent for this week: Visiting SOS Children’s Villages in India. Pictures from the event coming soon! The Pool. Get voting, folks! This has been the biggest week at 2gether yet! Let’s see if I can cover it all in one paragraph. 2gether took part in a pitching contest at CryptoMondays Madrid for tickets to Paris Blockchain Week and won! The winner was determined by the audience. Here’s a few pics from the event. 2gether’s Eurozone expansion beyond Spain was featured on Coindesk and shared by FinTech Futures. Crypto Zombie also featured the card in his video around the 19:27 mark. Some more notable features were on Bitcoin.com and BlockTV. The presale ANN also went up this week! Get in on the discussion. A good question or thoughtful post on BCT can earn you some sweet 2GB from their admins on TG. Did you know that participating in the presale could entitle you to some great bonuses? Check them out here. 2gether CEO Ramon was interviewed by Forbes radio a few weeks back. The interview is out now. Spanish speakers, have a listen. Plus, 2gether is launching an ambassador program for its most loyal users in Eurozone. If you’re interested, fill out this form and the team will connect to you. Whew! All fitted in one paragraph. Done. A bank so efficient that it returns revenue to customers. Only at 2gether! Like always, Fantom has been killing it! Chico Crypto reviewed Fantom in a 10 minute long video explaining its DAG structure. Look out for the lambo at 8:29 mark. Crypto Surge’s review of Fantom came out this week as well. Fantom joined Binance Info’s transparency initiative for which they received the V-Label. This label certifies that the project team is itself updating and maintaining its information on Binance Info. Transparency FTW! Fantom CEO Dr. Ahn presented at the WeGO Activities Briefing Session to municipal representatives from member cities of WeGO. He explained how Fantom could help development of smart cities in his presentation. Crypto researcher Jonathan Habicht published a review report of FTM. They scored 55/76. Pretty awesome! Axsonex’s project report on Fantom was also released. Here’s their tweet on it. And finally, Fantom was listed on Digifinex on the 19th. What a way to cap off the week! Confused? Check out Chico Crypto’s Fantom Review to learn more All XENB holders received the XEN profit sharing token this week. XENB is obsolete now that we all have our XEN. Woot! Trading gurus, get ready for the battle of the bots competition on 6th and 7th April. Top trading algos will make a ton of XEN plus some fiat (to buy more XEN. Haha). You can read about details of the competition here. Plus, there’s an ongoing bug bounty program to make even more XEN. Dean Papas from ETC Labs explained these giveaways in his Explore the Chain video at 1:46 mark. Keith Koo from the radio show 'Silicon Valley Insider' interviewed Shuvro and Brian on how the Cryzen platform functions. Check out the podcast here. Can you spot Shuvro & Brian in this pic with Vijay Ullal, Seabed VC, addressing the ETC Labs cohort? Now onto some news from our newest partners! Blockport enabled ETH and BPT deposits this week. Plus, a new partnership with TUSD was announced in preparation for their upcoming STO. Opacity-ParJar partnership has been rocking the show! A ton of OPQ was tipped to new members in the run up to 3k members in Opacity TG. Plus, a number of updates are listed in their March interim report: upcoming CCN interview, team changes etc. Have a read to know more. Check out District0x’s weekly update and dev report to get a lowdown on all that’s been happening over there. Here’s a few highlights: a set of new commands have been deployed in their TG to get quick info on the network and districts, tons of bugs solved in Meme Factory, District Registry development on course. In addition to security + privacy advantages, Opacity also offers price advantage BOMB, BPT and BNTY were listed on ETHOS this week with the latest ETHOS update. WandX founder Abhinav pushed a ton of updates this week. A number of Wanchain and AION smart contracts were deployed to mainnet. Updates to the desktop app will be in realtime so that there’s no need to download the app multiple times. The contracts have been open sourced here and here. Check out a few ways to earn on Uptrennd from this post. And did you know that Uptrennd commands a greater rate of attention than most social media giants? This post from Uptrennd founder Jeff lays it all out. Horizon State founder Nimo Naamani travelled to the ADC Global Blockchain Summit this week to talk about a range of issues from education to the future of organisations. Check out the pictures here and here. And finally, the latest Decentralized WednesdayClub (WED based social network) is in live beta now. A ton of new features have been added. Make sure to post something there and Mike will airdrop some WED (by liking your post). Read more on their weekly Reddit airdrop post. And with that, it’s a wrap for this week at Parachute. See you soon with another weekly update. Keep Parachuting, keep rocking!
Weekly Update: Welcome HYDRO to ParJar, Parachute newsletter signup, MatchBX Gigs, Wysker Series and Continuous Wyskering... - 22 Mar - 28 Mar'19
Good day everyone! Here’s another update for the whirlwind week we had at Parachute and Parachute/ParJar partners. IRL work keeps me from churning these out on time. Working on catching up quickly to try to post future weekly updates faster: A cool new community started to interact with ParJar this week. HYDRO was added to ParJar and ParJar added to the Hydro group. Fantom did a shoutout and CoinPedia also tweeted about ParJar. Thank you guys! Which makes me think, if this shoutout of the shoutout to our original shoutout is shoutouted by Fantom again, would it be a shoutoutception? Hmm. Also, we had our quirkiest game in ParJar yet. Parachuters had to use this site to find the most bizarre item. Best ones would win some cool PAR. Haha! The top picks were from Patri cko, Cryptovan and Clinton. New Wonders of the World circa 2019 There’s a new email signup link for folks new to Parachute. If you’re not receiving Cap’s emails, you can sign up there. Close to USD 600 has already been raised for the Charity Parena. Woot! To get in, make a small donation (min USD 5 or crypto equivalent directly and let Jason know or tip Clinton through ParJar) and get a chance to win a 1-of-a-kind shirt from the Parachute Shop! Plus, kiddie gear is now available in the Parachute Shop. All profits from the shop go to charity. Games Master Jason turned 34 this week. Belated Happy Birthday to ya Florida Man! We had uber fun with an accidental Cap discovery this week. Add your favorite number at the end of the following link to jump to any chat in the group. For example the following link takes you to the first ever message in Parachute. Awesome! Three Good Bois are counting on you to sign up for the Parachute newsletter The 2gether card was launched on 27th March for use across the Eurozone. The presale event is now listed on ICObench. Make sure to check out the BCT ANN. Admins on their TG are rewarding members with 2GB who make thoughtful posts there. 2gether has an opening for a Java Software Engineer. Have a look at their job listing and apply if you have what it takes! Spanish speakers are in for a treat this week: Cointelegraph discussed about the company in a write-up, founder Salvador’s article on the zero marginal cost concept was featured in a UNIR publication and CEO Ramon’s interview during a Madrid Stock Exchange visit also came out. The 2GT token will be issued as a Virtual Financial Asset (VFA) in Malta. Read more about it here. 2gether is the only one with a regulated token Still figuring out how to deploy your trading algo to your Binance account? Here’s a detailed look on how to set up your API keys and deploying a strategy to live markets on Binance using the Cryzen Code Studio. Also, belated birthday wishes to Shuvro. Hope you had a great one! Folks who haven’t subscribed to the Cryzen YouTube yet, subscribe now. They now have a custom handle. Community member Jonny did a little Cryzen shoutout towards the end of his detailed Crypto Asset Prediction Series. This week’s Saturday Rock Wars at PurpleCoin was for the best guitarist of all time. Jimi Hendrix won the public vote by a whopping margin. BOMB token is looking for ambassadors who can bring “liquidity, awareness, and education to the project”. Learn more about it here. Checked out Wysker Series yet? These are listicles of bundled relevant content aimed at user growth. Design geeks will find it fascinating. Plus, the app will see a new feature soon called Continuous Wyskering. Jonathan says: “After finishing one story, users will no longer have to go back to the home screen to discover new stories. Instead, the next story in line can be accessed with a simple swipe.” Neat! And finally, Birdchain has partnered with Blocklads to bring educational content to the app's learn tab. Look out for new content in that section! Shuvro’s ETC bot showing decent gainz Gigs are now live on MatchBX. Freelancers can create listings for their services directly and job posters can directly hire freelancers from there. Win win! If you’re not sure of what MatchBX is, read up on it here. Plus, the weekly AXPR burn went on as scheduled. Bounty0x crossed 500k+ monthly page views this week with a ~30% return visitor rate. If you’ve participated in a Cures Token bounty on Bounty0x, this article is super relevant. Also, KABN partnered with Bounty0x this week for running promotional bounties for their token offering. The ETHOS token is now listed on the ChangeNOW exchange. Much has been said about the Voyager-ETHOS deal so far. Shingo explains in this article why the partnership will be “setting new standards of transparency”. District0x’s weekly update covers a range of topics including Brady’s interview with A Garden of Crypto on all things District0x. AXPR tokenomics Altcoin Buzz featured Opacity this week and talked about their current development roadmap which includes the 1.0 site launch (which was also this week). Check out opacity.io for a look and feel of what’s in store for May. Badcredit wrote about Horizon State with a detailed piece. The Minister’s Recreational Fishing Advisory Council was announced this week as well. “The voting process has been transparent and historic - for the first time in South Australian Government history, Blockchain technology was used for the voting process." Big up to Horizon State for becoming a part of history! And finally, they closed off the week with a bang by getting listed on CoinExchange.io. John McAfee talks about Switch around the 11 minute mark in this interview with Satoshi Sean. Blockport was the centrepiece of this Coinvision article that explains the ins and outs of both the exchange as well as the BPT/BPS tokens. The Blockport STO is set for April 15th with more details in this post. If you’re interested and live in the EU or the US, the whitelist procedure is explained here. And finally, onto some Fantom news. Coinspeaker elaborates what the myriad partnerships mean for Fantom in this article. Like last week, Fantom capped off this week too with another exchange listing – ChainX. Boom! Thank you for taking the time. See you soon with another weekly update. Cheerio!
You may remember my post a few weeks back: Yes, You Should Buy Some BNB. At that time, BNB had just started holding above 0.0019-20 BTC, a level it failed to hold three times. The timing was not the primary reason for investing, but it made the decision urgent. The price subsequently rose to roughly 0.0026 BTC and now appears to be settling into a floor around 0.0020-21. They say resistance becomes support, ceilings become floors. Historically for BNB, the downtrend normally ends before hitting the former ceilings. If there was ever a time to of all in, I think now is it… so I did. Figured this would be a good time to dive a bit deeper on why I’m so ultra bullish on BNB. Charisma - Binance feels deeply charismatic to me. It’s a word I didn’t think of in investing until this Peter Thiel interview. Binance strikes me as especially charismatic. Investors largely love Binance as a product and as a company. A lot of this charisma comes from the trust people have in Binance. CZ recently spoke about how Binance now has a “2-hour rule” which is where they update the community every two hours. You may not have known about this exact rule, but you probably have felt it and you certainly have read CZ now-famous “funds are safe.” This expression is so pervasive that you see people racing to comment with it. Bizonaci made this masterpiece which introduced the spelling “safu,” or as CZ recently said Binance is the “safust.” I mean shit, look how calm things were with BNB after after an unexpected SYStem wide freeze. The market stayed calm and BNB is the largest exchange… Let me repeat, Binance—the world’s largest exchange of trustless assets—had to emergency halt trading and the entire market is NBD… The morning after, Jackson Palmer tweeted this sentiment summary, Sherman Lee posted this beautiful piece in Forbes, and Binance announced S.A.F.U. as an official part of their commitment to protect investors. Antifragile - Antifragile is a concept Nassim Taleb coined to describe things that get stronger with stress. Binance seems to strengthen with bad news. When China last banned exchanges, Binance up and moved to Malta and the price soared. Now Binance is in three countries/jurisdictions and probably entering more. These emerging crypto hubs are competing for epic tax revenues, especially relative to their size. If the EU were to push Malta for more regulation, I wouldn’t be surprised to see Malta leave the EU. After all, is Malta better off with Binance, EOS, et al or with the EU? The latter may still be true but it’s increasingly less clear cut. This puts it in a position of incredible strength when it comes to negotiation, staying automomous, and gaining the government cooperation to build financial bridges across the world. In short, I see Binance as having a real shot as delivering on it’s mission of financial freedom. Exchange the world. Adoption - BNB is rapidly gaining adoption. In the past few months, we’ve seen small exchanges list BNB. In the last week, this pace has increased dramatically as Bitmex and Metamask have joined the BNB party. YouTubers and the Twitter sphere seem to be talking about BNB more frequently. The $1B impact fund is to be denominated in BNB and a team member noted in the recent Binance Labs AMA that partners will be able to accept payments in BNB. New coins have already been paying Binance humungo checks to gain access to Binance’s user base; if Binance pulls of Binance Chain DEX (powered by BNB), they’re going to compete at the ERC20 level for the ICO market, at least to some extent. It’s still unclear what Binance Chain will look like, but the support volume is definitely more compelling than other DEXes would be launching with. ICOs numbers are holding strong and Binance continues to be the most attractive place to list. Moreover, with the recent investment ChiliZ, founded by Alexander Dreyfus (founder of e-gaming companies), Binance has demonstrated an interest in the broader speculation market, which basically is crypto right now… and Binance hasn’t even introduced options/futures… Team - The Binance team seems truly world class to me. A good chunk of my last post was about the team (and CZ’s fly-af shorts), but one thing I did not say last time was the value of CZ’s cult-leadership. Don’t get me wrong, I consider this a double edged sword much like ETH and nearly every coin but BTC has. But on the positive edge, this gives Binance an incredible edge when it comes to execution, recruiting, and a ultimately achieving their vision. You can feel the team support for CZ; you can see it in this video and in Binance’s recent staff re-tweet. I also think not enough of my last post was about the community manager(s) who I feel are killing it compared to other subreddit mods. Market - IMO the market will mostly bounce around/move sideways for some time and Binance will make money either way. There may be big moves up but I expect them to be met with significant resistance. Technical analysis is a major driver of price action in crypto specifically because most coins/token have no underlying value (i.e. it is largely emotional responses). As such, alts will continue to have trading value even if they lose a lot of expectation-based value. After all, look how many alts recently went up 20-30%. Get rich quick sentiment has not dried up nearly to the degree some people say. Maybe I’m following the wrong people, but I haven’t seen anyone talk about Bitcoin being “dead”—only people talking about people talking about it being dead. Do you really think Tron and IOTA will die any day now? No, you don’t. The FOMO and FUD are real and the firepowereserve capital many alts have is massive. If a mostly sideways market plays out, then profit chasing will increasingly turn to algo trading, which Binance is well positioned for. In a recent interview, CZ mentioned Binance is planning to expand it’s capacity by 100-1,000x to prepare for a massive increase in usage, and he said it before the algo traders temporarily broke Binance’s API… Okay, but let’s say it’s not like this, let’s say there’s a major breakdown in alts much sooner (maybe everyone realizes Lightning makes a XRP useless). In this case, I expect Convert-to-BNB to do quite well given how many alts are on Binance (especially those who paid to show up because they were so shitty they couldn’t get the crowd to vote for them). Moreover, if you’re losing your life savings and BNB continues to grow, many investors are going to try to an dig themselves out of a hole by selling for BNB. Either way, BNB probably has a bright future. Q3 - Right now, BNB is performing poorly because of the sell the news paradigm crypto seems to operate under. But at about this time last quarter BNB was at peak BTC and ETH value. Compared to last quarter, we’re two weeks ahead, which would make this bottom somewhere between yesterday and next weekend. The growth during the last quarter was also sharper than this quarter, suggesting less to fall, and I suspect the hype train is going to be larger this cycle as rumors of the DEX become more imminent. There’s also extra worry this quarter because the market assumes Binance’s profit will be lower and the second year discount will be lowered (50% BNB discount —> 25% off with BNB discount). I sense that these fears are already priced in. For starters, Binance hasn’t shot up directly after the great quarterly news; why would it shoot down on bad news, especially if it is expected? Regarding the discount, 25% is still better than 0% off, so people should keep using it (especially if the BNB they’re holding is appreciating), and for the next year, Binance should be making 50% more profit (before they made 0.05%, now they will make 0.075% profit). I believe the sentiment on this concern is oversold when the math appears way better to me. Concerns - With all this in mind, I do still have a few concerns. For instance, what do Binance founders/team plan to do with their 100M coins as the BNB supply approaches 100M supply? Will they sell a-la Charlie Lee or will their sell-off be more pre-meditated a la Ripple’s 55mo escrow release? In theory as the price of BNB rises, it will take longer for the supply to get to 100M so this question could be a ways off, but I still would prefer clarity over this (even if it relies on trust). There’s some sentiment concern that the 1/5 vesting coming up will cause a large sell off. I assume inside folk see world-dominating growth ahead given the recent all-star Binance Labs hires, but still would be nice to understand this risk better. Finally, perhaps my largest concern is will Binance have an EOS moment with the freezing functionality laid out in the DEX competition requirements? I can certainly envision a decentralized use and Binance has demonstrated doing the right thing when they take emergency action, but I want to share the concern nevertheless. Deflationary - One concern I do not have with with BNB but recognize others do is about the utility of BNB after the discount goes to 0. Binance says BNB will be used as gas in the eventual Binance Chain DEX. This gives it utility, and unlike other blockchains, Binance already has usage demand. So, if you think any altcoin has value, then BNB—at the DEX stage and without a discount—has value. Beyond dominating trading utility (a huge industry use case), BNB has a decent store of value argument (the other huge industry use case). Unlike most coins/token have unreleased supply for inflation, fees, etc., BNB supply is already fully diluted. While BTC expands its supply for some time to come, BNB will be lowering its supply through the burn. Sure, people lose BTC which is a deflationary force, but I suspect this will become less common as wallet tech improves and the industry matures. To be clear, I don’t think BNB and BTC are otherwise comparable and I don’t think BNB (or any coin/token) will replace BTC. But, BTC has demonstrated that investors want stores of value, so whether your thesis is high usage will appreciate or store of value will appreciate, BNB checks both boxes.
The biggest announcement of the month was the new kind of decentralized exchange proposed by @jy-p of Company 0. The Community Discussions section considers the stakeholders' response. dcrd: Peer management and connectivity improvements. Some work for improved sighash algo. A new optimization that gives 3-4x faster serving of headers, which is great for SPV. This was another step towards multipeer parallel downloads – check this issue for a clear overview of progress and planned work for next months (and some engineering delight). As usual, codebase cleanup, improvements to error handling, test infrastructure and test coverage. Decrediton: work towards watching only wallets, lots of bugfixes and visual design improvements. Preliminary work to integrate SPV has begun. Politeia is live on testnet! Useful links: announcement, introduction, command line voting example, example proposal with some votes, mini-guide how to compose a proposal. Trezor: Decred appeared in the firmware update and on Trezor website, currently for testnet only. Next steps are mainnet support and integration in wallets. For the progress of Decrediton support you can track this meta issue. dcrdata: Continued work on Insight API support, see this meta issue for progress overview. It is important for integrations due to its popularity. Ongoing work to add charts. A big database change to improve sorting on the Address page was merged and bumped version to 3.0. Work to visualize agenda voting continues. Ticket splitting: 11-way ticket split from last month has voted (transaction). Ethereum support in atomicswap is progressing and welcomes more eyeballs. decred.org: revamped Press page with dozens of added articles, and a shiny new Roadmap page. decredinfo.com: a new Decred dashboard by lte13. Reddit announcement here. Dev activity stats for June: 245 active PRs, 184 master commits, 25,973 added and 13,575 deleted lines spread across 8 repositories. Contributions came from 2 to 10 developers per repository. (chart)
Hashrate: growth continues, the month started at 15 and ended at 44 PH/s with some wild 30% swings on the way. The peak was 53.9 PH/s. F2Pool was the leader varying between 36% and 59% hashrate, followed by coinmine.pl holding between 18% and 29%. In response to concerns about its hashrate share, F2Pool made a statement that they will consider measures like rising the fees to prevent growing to 51%. Staking: 30-day average ticket price is 94.7 DCR (+3.4). The price was steadily rising from 90.7 to 95.8 peaking at 98.1. Locked DCR grew from 3.68 to 3.81 million DCR, the highest value was 3.83 million corresponding to 47.87% of supply (+0.7% from previous peak). Nodes: there are 240 public listening and 115 normal nodes per dcred.eu. Version distribution: 57% on v1.2.0 (+12%), 25% on v1.1.2 (-13%), 14% on v1.1.0 (-1%). Note: the reported count of non-listening nodes has dropped significantly due to data reset at decred.eu. It will take some time before the crawler collects more data. On top of that, there is no way to exactly count non-listening nodes. To illustrate, an alternative data source, charts.dcr.farm showed 690 reachable nodes on Jul 1. Extraordinary event: 247361 and 247362 were two nearly full blocks. Normally blocks are 10-20 KiB, but these blocks were 374 KiB (max is 384 KiB).
Update from Obelisk: shipping is expected in first half of July and there is non-zero chance to meet hashrate target. Another Chinese ASIC spotted on the web: Flying Fish D18 with 340 GH/s at 180 W costing 2,200 CNY (~340 USD). (asicok.com – translated, also on asicminervalue) dcrASIC team posted a farewell letter. Despite having an awesome 16 nm chip design, they decided to stop the project citing the saturated mining ecosystem and low profitability for their potential customers.
Changenow announced the option to buy DCR with fiat.
TokenPride: "We are seeking feedback on the general setup of our payment processor. We have tried to make it simple and user friendly. 10% of all purchases made in Decred will be donated to the Decred Development fund - and we will be releasing original Decred designs in the future".
BlueYard Capital announced investment in Decred and the intent to be long term supporters and to actively participate in the network's governance. In an overview post they stressed core values of the project:
There are a few other remarkable characteristics that are a testament to the DNA of the team behind Decred: there was no sale of DCR to investors, no venture funding, and no payment to exchanges to be listed – underscoring that the Decred team and contributors are all about doing the right thing for long term (as manifested in their constitution for the project). The most encouraging thing we can see is both the quality and quantity of high calibre developers flocking to the project, in addition to a vibrant community attaching their identity to the project.
The company will be hosting an event in Berlin, see Events below. Arbitrade is now mining Decred.
Campus Party in Brasilia, Brazil. @girino, @Rhama and @matheusd talked about Decred. Matheus was interviewed by a TV channel. Check this quick report about the event, click "Show newer" to continue reading. (photos: 123)
Blockchain Summit in London, UK. This was not a full blown presence with stand but rather investigation of opportunities by @kyle and @Ani. The resulting detailed report is a good example of a document advising to stakeholders whether it is worth spending project funds.
Meetup in Berlin, Germany on July 18. @jz will give a talk and Q&A about Decred and chat with Ele from @oscoin about incentivizing developers. Hosted by BlueYard Capital.
Hey guys! I'd like to share with you my latest adventure: Stakey Club, hosted at stakey.club, is a website dedicated to Decred. I posted a few articles in Brazilian Portuguese and in English. I also translated to Portuguese some posts from the Decred Blog. I hope you like it! (slack)
Decred Assembly - Ep20 - Governance: Driving the Future (youtube) @cburniske and @traceagain discuss the importance of governance protocols being foundational and problems with delegated proof of stake
"I think that developers in the future are going to base their decision on where to build on the basis of governance and community. And so I look for good governance mechanisms and strong communities in blockchains." (@decredproject)
What is on-chain cryptocurrency governance? Is it plutocratic? by Richard Red (medium)
Apples to apples, Decred is 20x more expensive to attack than Bitcoin by Zubair Zia (medium)
What makes Decred different and better from other cryptocurrencies? (cxihub.com)
Community stats: Twitter followers 40,209 (+1,091), Reddit subscribers 8,410 (+243), Slack users 5,830 (+172), GitHub 392 stars and 918 forks of dcrd repository. An update on our communication systems:
Matrix chat logs are nowviewable on the web with the exception of some channels that are not bridged. The new web logs means our chats are now fully public and indexed by search engines.
Slack had an outage on Jun 27 that disturbed communications for a few hours, discussions continued on Decred's bridged platforms.
Jake Yocom-Piatt did an AMA on CryptoTechnology, a forum for serious crypto tech discussion. Some topics covered were Decred attack cost and resistance, voting policies, smart contracts, SPV security, DAO and DPoS. A new kind of DEX was the subject of an extensive discussion in #general, #random, #trading channels as well as Reddit. New channel #thedex was created and attracted more than 100 people. A frequent and fair question is how the DEX would benefit Decred. @lukebp has put it well:
Projects like these help Decred attract talent. Typically, the people that are the best at what they do aren’t driven solely by money. They want to work on interesting projects that they believe in with other talented individuals. Launching a DEX that has no trading fees, no requirement to buy a 3rd party token (including Decred), and that cuts out all middlemen is a clear demonstration of the ethos that Decred was founded on. It helps us get our name out there and attract the type of people that believe in the same mission that we do. (slack)
Another concern that it will slow down other projects was addressed by @davecgh:
The intent is for an external team to take up the mantle and build it, so it won't have any bearing on the current c0 roadmap. The important thing to keep in mind is that the goal of Decred is to have a bunch of independent teams on working on different things. (slack)
A chat about Decred fork resistance started on Twitter and continued in #trading. Community members continue to discuss the finer points of Decred's hybrid system, bringing new users up to speed and answering their questions. The key takeaway from this chat is that the Decred chain is impossible to advance without votes, and to get around that the forker needs to change the protocol in a way that would make it clearly not Decred. "Against community governance" article was discussed on Reddit and #governance. "The Downside of Democracy (and What it Means for Blockchain Governance)" was another article arguing against on-chain governance, discussed here. Reddit recap: mining rig shops discussion; how centralized is Politeia; controversial debate on photos of models that yielded useful discussion on our marketing approach; analysis of a drop in number of transactions; concerns regarding project bus factor, removing central authorities, advertising and full node count – received detailed responses; an argument by insette for maximizing aggregate tx fees; coordinating network upgrades; a new "Why Decred?" thread; a question about quantum resistance with a detailed answer and a recap of current status of quantum resistant algorithms. Chats recap: Programmatic Proof-of-Work (ProgPoW) discussion; possible hashrate of Blake-256 miners is at least ~30% higher than SHA-256d; how Decred is not vulnerable to SPV leaf/node attack.
DCR opened the month at ~$93, reached monthly high of $110, gradually dropped to the low of $58 and closed at $67. In BTC terms it was 0.0125 -> 0.0150 -> 0.0098 -> 0.0105. The downturn coincided with a global decline across the whole crypto market. In the middle of the month Decred was noticed to be #1 in onchainfx "% down from ATH" chart and on this chart by @CoinzTrader. Towards the end of the month it dropped to #3.
Please note: we will not accept any kind of payment to list an asset.
Bithumb got hacked with a $30 m loss. Zcash organized Zcon0, an event in Canada that focused on privacy tech and governance. An interesting insight from Keynote Panel on governance: "There is no such thing as on-chain governance". Microsoft acquired GitHub. There was some debate about whether it is a reason to look into alternative solutions like GitLab right now. It is always a good idea to have a local copy of Decred source code, just in case. Status update from @sumiflow on correcting DCR supply on various sites:
To begin with, none of the below sites were showing the correct supply or market cap for Decred but we've made some progress. coingecko.com, coinlib.io, cryptocompare.com, livecoinwatch.com, worldcoinindex.com - corrected! cryptoindex.co, onchainfx.com - awaiting fix coinmarketcap.com - refused to fix because devs have coins too? (slack)
About This Issue
This is the third issue of Decred Journal after April and May. Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research. The new public Matrix logs look promising and we hope to transition from Slack links to Matrix links. In the meantime, the way to read Slack links is explained in the previous issue. As usual, any feedback is appreciated: please comment on Reddit, GitHub or #writers_room. Contributions are welcome too, anything from initial collection to final review to translations. Credits (Slack names, alphabetical order): bee and Richard-Red. Special thanks to @Haon for bringing May 2018 issue to medium.
Hashrate: went from 54 to 76 PH/s, the low was 50 and the new all-time high is 100 PH/s. BeePool share rose to ~50% while F2Pool shrank to 30%, followed by coinmine.pl at 5% and Luxor at 3%. Staking: 30-day average ticket price is 95.6 DCR (+3.0) as of Sep 3. During the month, ticket price fluctuated between a low of 92.2 and high of 100.5 DCR. Locked DCR represented between 3.8 and 3.9 million or 46.3-46.9% of the supply. Nodes: there are 217 public listening and 281 normal nodes per dcred.eu. Version distribution: 2% at v1.4.0(pre) (dev builds), 5% on v1.3.0 (RC1), 62% on v1.2.0 (-5%), 22% on v1.1.2 (-2%), 6% on v1.1.0 (-1%). Almost 69% of nodes are v.1.2.0 and higher and support client filters. Data snapshot of Aug 31.
Obelisk posted 3 email updates in August. DCR1 units are reportedly shipping with 1 TH/s hashrate and will be upgraded with firmware to 1.5 TH/s. Batch 1 customers will receive compensation for missed shipment dates, but only after Batch 5 ships. Batch 2-5 customers will be receiving the updated slim design. Innosilicon announced the new D9+ DecredMaster: 2.8 TH/s at 1,230 W priced $1,499. Specified shipping date was Aug 10-15. FFMiner DS19 claims 3.1 TH/s for Blake256R14 at 680 W and simultaneously 1.55 TH/s for Blake2B at 410 W, the price is $1,299. Shipping Aug 20-25. Another newly noticed miner offer is this unit that does 46 TH/s at 2,150 W at the price of $4,720. It is shipping Nov 2018 and the stats look very close to Pangolin Whatsminer DCR (which has now a page on asicminervalue).
www.d1pool.com joined the list of stakepools for a total of 16. Australian CoinTreeadded DCR trading. The platform supports fiat, there are some limitations during the upgrade to a new system but also no fees in the "Early access mode". On a related note, CoinTree is working on a feature to pay household bills with cryptocurrencies it supports. Three new OTC desks were added to exchanges page at decred.org. Two mobile wallets integrated Decred:
Coinomiadded Decred to their Android and iOS wallets. In addition to the Apple App Store and Google Play you can download the APK directly. Coinomi features an integrated cryptocurrency exchange and is the first company to offer a mobile Decred wallet.
Reminder: do your best to understand the security and privacy model before using any wallet software. Points to consider: who controls the seed, does the wallet talk to the nodes directly or via middlemen, is it open source or not?
Bit Dialsannounced DCR support via GloBee at their bitdials.eu luxury boutique. Their separate supercar and classic car shop bitcars.eu also accepts DCR, either via GloBee or with manual invoicing in case of privacy concerns.
Targeted advertising report for August was posted by @timhebel. Facebook appeal is pending, some Google and Twitter campaigns were paused and some updated. Read more here. Contribution to the @decredproject Twitter account has evolved over the past few months. A #twitter_ops channel is being used on Matrix to collaboratively draft and execute project account tweets (including retweets). Anyone with an interest in contributing to the Twitter account can ask for an invitation to the channel and can start contributing content and ideas there for evaluation by the Twitter group. As a result, no minority or unilateral veto over tweets is possible. (from GitHub)
Meetup in Puebla City, Mexico, organized by @elian. (photo, slides, missed in July issue)
@joshuam discussed Decred and decentralized organizations with Craig Laundy, Federal Minister for Small Business, the Workplace, and Deregulation with the Australian Government, at @YBFVentures. (photos)
Meetup at @TheBlockCafe in Lisbon, Portugal. @mm presented "Decred 101 - Governance with Skin in the Game" and @moo31337 talked about Decred's 2018 roadmap. (photos: 123)
Meetup in Taipei, Taiwan. @morphymore made a short intro of Decred and noted: "After the talk, many have approached to tell me that they literally don’t hear of Decred until today, and are interested in finding out more about the merit of a hybrid consensus system.". Longer report here, some photos and a video are here.
@eSizeDave introduced Decred to the SILC Undergraduate Program students at @YBFVentures. (photo)
OKEx Global Meetup Tour in Ho Chi Minh City, Vietnam. @joshuam gave a brief presentation covering the history of Decred, how the project functions, and the importance of governance. Afterwards he joined a panel discussion and spoke about Decred's incentives for long term viability. (video, video, photo)
Blockchain Futurist Conference in Toronto, Canada. @zubairzia0 noted: "Devs and the community were held in high regard for the people who knew about decred ... one positive thing I remember was someone defending us saying 'Decred does not need a booth', I believe that comment was reflective of the quality of projects being showcased at the conference.". (photo)
Meetup at @YBFVentures in Melbourne, Australia. @joshuam discussed Decred with Graham Stuart, U.K. Minister for International Trade. (news, photos)
Small meetup with Jackson Palmer in Melbourne, Australia. (photo)
Hawthorne Street Fair in Portland, USA. Raedah Group was out answering questions about crypto and Decred. (photos)
Blockchain APAC in Melbourne, Australia. @joshuam joined a panel discussion with reps from banking, university and ISO/TC 307. @eSizeDave reports: "This enterprise conference was indeed a whole lot better than I expected. The presentations were actually full of very worthwhile information from credible people, articulated aptly to a very government, academic, and corporate crowd, who genuinely took on board valuable insights. Good to know some of these key people are Decred holders and stakers as well. I got to use the entire day to speak directly with some of the most pivotal personalities in this particular populace. Ongoing relationships have been built and strengthened.". (photos: 123)
For those willing to help with the events:
BAB: Hey all, we are gearing up for conference season. I have a list of places we hope to attend but need to know who besides @joshuam and @Haon are willing to do public speaking, willing to work booths, or help out at them? You will need to be well versed on not just what is Decred, but the history of Decred etc... DM me if you are interested. (#event_planning) The Decred project is looking for ambassadors. If you are looking for a fun cryptocurrency to get involved in send me a DM or come talk to me on Decred slack. (@marco_peereboom, longer version here)
One private work channel was successfully migrated to Matrix.
Stylish room avatars were set.
@Haon has prepared a short guide to help new Matrix users get started and join the Decred rooms.
A thread was started to discuss changes to Decred jargon with the intent to make it more consistent and accessible to newcomers. The question whether changing "official" terminology requires stakeholder approval was touched in this thread and in #documentation.
Project fund transparency and constitution were extensively discussed on Reddit and in #general.
Pre-proposal to use Politeia to approve Politeia as a legitimate decision-making tool for Decred.
Reddit: substantive discussion about Decred cons; ecosystem fund; a thread about voter engagement, Politeia UX and trolling; idea of a social media system for Decred by @michae2xl; how profitable is the Obelisk DCR1. Chats: cross-chain trading via LN; plans for contractor management system, lower-level decision making and contractor privacy vs transparency for stakeholders; measuring dev activity; what if the network stalls, multiple implementations of Decred for more resilience, long term vision behind those extensive tests and accurate comments in the codebase; ideas for process for policy documents, hosting them in Pi and approving with ticket voting; about SPV wallet disk size, how compact filters work; odds of a wallet fetching a wrong block in SPV; new module system in Go; security of allowing Android app backups; why PoW algo change proposal must be specified in great detail; thoughts about NIPoPoWs and SPV; prerequisites for shipping SPV by default (continued); Decred vs Dash treasury and marketing expenses, spending other people's money; why Decred should not invade a country, DAO and nation states, entangling with nation state is poor resource allocation; how winning tickets are determined and attack vectors; Politeia proposal moderation, contractor clearance, the scale of proposals and decision delegation, initial Politeia vote to approve Politeia itself; chat systems, Matrix/Slack/Discord/RocketChat/Keybase (continued); overview of Korean exchanges; no breaking changes in vgo; why project fund burn rate must keep low; asymptotic behavior of Decred and other ccs, tail emission; count of full nodes and incentives to run them; Politeia proposal translations and multilingual environment. An unusual event was the chat about double negatives and other oddities in languages in #trading.
DCR started the month at USD 56 / BTC 0.0073 and had a two week decline. On Aug 14 the whole market took a huge drop and briefly went below USD 200 billion. Bitcoin went below USD 6,000 and top 100 cryptos lost 5-30%. The lowest point coincided with Bitcoin dominance peak at 54.5%. On that day Decred dived -17% and reached the bottom of USD 32 / BTC 0.00537. Since then it went sideways in the USD 35-45 / BTC 0.0054-0.0064 range. Around Aug 24, Huobi showed DCR trading volume above USD 5M and this coincided with a minor recovery. @ImacallyouJawdy posted some creative analysis based on ticket data.
StopAndDecrypt published an extensive article "ASIC Resistance is Nothing but a Blockchain Buzzword" that is much in line with Decred's stance on ASICs. The ongoing debates about the possible Sia fork yet again demonstrate the importance of a robust dispute resolution mechanism. Also, we are lucky to have the treasury. Mark B Lundeberg, who found a vulnerability in atomicswap earlier, published a concept of more private peer-to-peer atomic swaps. (missed in July issue) Medium took a cautious stance on cryptocurrencies and triggered at least one project to migrate to Ghost (that same project previously migrated away from Slack). Regulation: Vietnam bans mining equipment imports, China halts crypto events and tightens control of crypto chat groups. Reddit was hacked by intercepting 2FA codes sent via SMS. The announcement explains the impact. Yet another data breach suggests to think twice before sharing any data with any company and shift to more secure authentication systems. Intel and x86 dumpsterfire keeps burning brighter. Seek more secure hardware and operating systems for your coins. Finally, unrelated to Decred but good for a laugh: yetanotherico.com.
About This Issue
This is the 5th issue of Decred Journal. It is mirrored on GitHub, Medium and Reddit. Past issues are available here. Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research. Feedback is appreciated: please comment on Reddit, GitHub or #writers_room on Matrix or Slack. Contributions are welcome too. Some areas are collecting content, pre-release review or translations to other languages. Check out @Richard-Red's guide how to contribute to Decred using GitHub without writing code. Credits (Slack names, alphabetical order): bee, Haon, jazzah, Richard-Red and thedecreddigest.
Transcript of Open Developer Meeting In Discord - 5/10/2019
[Dev-Happy] Blondfrogs05/10/2019 Channel should be open now Chill05/10/2019 you all rock! just getting that out of the way :wink: Tron05/10/2019 Cheers everyone. theking05/10/2019 Hi fabulous dev team! Hans_Schmidt05/10/2019 Howdy! Tron05/10/2019 No specific agenda today. Questions? Has everyone seen Zelcore wallet, and Spend app? theDopeMedic05/10/2019 Any major development status updates that haven't been listed in #news? Synicide05/10/2019 How was the meetup yesterday? I heard it would be recorded, it is uploaded anywhere yet? Tron05/10/2019 And Trezor support on Mango Farm assets? @Synicide Yes it was recorded. The Bitcoin meetup organizer has the video. I talked about Ravencoin, but mostly about the stuff that was being built on/with/for Ravencoin. There was about 70% overlap with folks who were at the Ravencoin meetup in March. Synicide05/10/2019 awesome, looking forward to watching it when it's available Tron05/10/2019 I'll hit up James and see if he's posting the video. S1LVA | GetRavencoin.org05/10/2019 @theDopeMedic I'd follow github if youre interested in development status Synicide05/10/2019 zelcore looks super slick. Been meaning to research its security more with the username/pw being stored on device Chill05/10/2019 How is the progress on the restricted assets and testnet coming along? A secondary question would be about the approximate fork timeframe. S1LVA | GetRavencoin.org05/10/2019 Has anyone heard from the community dev (BW) working on Dividends? Rikki RATTOE Sr. SEC Impresantor05/10/2019 Any word on BW and his progress w dividends? @S1LVA | GetRavencoin.org LOL Tron05/10/2019 @S1LVA | GetRavencoin.org Great question. I haven't heard. Synicide05/10/2019 last meeting BlondFrogs said he would try to connect with BW as he was sick with the flu at the time. Maybe he has an update S1LVA | GetRavencoin.org05/10/2019 I've tried to get in contact, but with no success. Rikki RATTOE Sr. SEC Impresantor05/10/2019 Got a funny feeling... Jeroz05/10/2019 Last time we left off with someone mentioning a foundation and Tron saying let’s discuss that next time iirc kryptoshi05/10/2019 Has anyone taken a look at the merits for this proposal? Thoughts? https://medium.com/systems-nexus/modified-x16r-algorithm-proposal-for-constant-hash-rate-in-short-time-164711dd9044 Medium Modified X16R algorithm proposal for constant hash rate in short time Interpretation Lens V. a0.01 Tron05/10/2019 I did see it. Does anyone think this is a problem? Synicide05/10/2019 It looks interesting... but I'm not sure what it is trying to solve. Looking at netstats, our 1 hour average block time is perfectly 1 minute S1LVA | GetRavencoin.org05/10/2019 Last I heard from him he expressed how important finishing the code was. I wouldnt jump to conclusions on his absence within the community. Synicide05/10/2019 x16r by nature will fluctuate, but DGW seems to be doing a good job keeping consistent block times Tron05/10/2019 Because of relatively broad distribution across the algorithms, the block times are fairly consistent. It is possible, but very, very unlikely to get a sequence that takes up to 4x longer, but that's super rare, and only 4 minutes. We did some timing analysis of the algorithms early on. A few are 1/2 as long as SHA-256 and some are up to 4x longer. But when you randomly select 16 it usually comes out about even. Synicide05/10/2019 1hr avg: 1.02min - 24hr avg: 1min I think we should focus on building, and not trying to fix what isnt necessarily broken Tron05/10/2019 Agreed. Rikki RATTOE Sr. SEC Impresantor05/10/2019 Agreed Tron05/10/2019 Is everyone ok with the frequency (every other week) of this discussion? Jeroz05/10/2019 (Added thumbs down to measure) Tron05/10/2019 @Jeroz Did you do thumbs-up and thumbs down? S1LVA | GetRavencoin.org05/10/2019 Seems appropriate. Its not like the devs dont poke around here and chat anyways. Tron05/10/2019 Anything critical that we should be aware of? Jeroz05/10/2019 When I need a dev, I poke a dev. When that dev is unavailable. I poke another one :smiley: Hans_Schmidt05/10/2019 BlondFrogs was testing some github code last month to create a dividends snapshot database of asset holders at a given blockheight. Is that planned for inclusion? That's the only thing needed for dividends. Jeroz05/10/2019 I hope I didn’t offend any devs With poking around Rikki RATTOE Sr. SEC Impresantor05/10/2019 Was thinking voting would be an excellent use case for restricted assets. Local communities, nations, etc... could kyc their residents radiodub05/10/2019 Is x16r will remain fpga mineable Tron05/10/2019 @Jeroz We're hard to offend. Chill05/10/2019 Is the general dev feeling that the next fork should and will include everything needed for the next 6-9 months (barring something completely unforeseen)? Jeroz05/10/2019 I know :smile: Tron05/10/2019 @radiodub Nearly impossible to stop FPGAs and still keep GPUs Jeroz05/10/2019 About that: voting is another hard fork right? Not too soon? Tron05/10/2019 FPGAs can be reprogrammed as fast. It is silicon (true ASIC) that we can obsolete with a tiny change. @Jeroz Messaging, voting, Tags, Restricted Assets would require a hard fork (upgrade). We could do them each individually, but folks get weary of upgrades, so current plan is to roll them together into one. MrFanelli™05/10/2019 Good idea Jeroz05/10/2019 Oh voting too? MrFanelli™05/10/2019 People will like that Jeroz05/10/2019 I thought that was coming later Tron05/10/2019 Voting is the one that isn't being worked on now. Tags and Restricted assets have taken precedence. Jeroz05/10/2019 I know. But you plan on waiting to fork until voting is also done? That would have my preference tbh But I can see an issue with too many things at the same time Tron05/10/2019 If someone wants to step in, we've had one of our devs sidelined and he was working on BlockBook support so more light wallets can connect to Ravencoin. Mostly test cases needed at this point. S1LVA | GetRavencoin.org05/10/2019 Thats a pretty large upgrade.. Bigger surface for unknowns Rikki RATTOE Sr. SEC Impresantor05/10/2019 At what point would RVN community consider moving to ASICs because having a Bitcoin level of security would eventually be needed? MrFanelli™05/10/2019 Never rikki Tron05/10/2019 @S1LVA | GetRavencoin.org 100% Lots of testing on testnet and bounties. [Dev-Happy] Blondfrogs05/10/2019 I am here :smiley: Tron05/10/2019 @Rikki RATTOE Sr. SEC Impresantor There's nothing inherently wrong with ASICs but it tends to centralize to data centers and less opportunity for anyone to just run their gaming rig overnight and collect RVN. Welcome Blondfrogs MrFanelli™05/10/2019 Asics are too expensive. If we want normal people to mine, then we cant be an asic network Rikki RATTOE Sr. SEC Impresantor05/10/2019 @Tron True but what happens when the chain needs a Bitcoin level of protection? Tron05/10/2019 More GPUs, more FPGAs MrFanelli™05/10/2019 Nvidia loves ravencoin :stuck_out_tongue: Chill05/10/2019 ok, so we are pro FPGAs 𝕿𝖍𝖊 𝕯𝖔𝖓 𝕳𝖆𝖗𝖎𝖘𝖙𝖔 CEO ∞05/10/2019 Build it and they will come Tron05/10/2019 It's all relative. It is cost to attack. If an ASIC isn't available for rent, then only option is rental of non-allocated GPUs Rikki RATTOE Sr. SEC Impresantor05/10/2019 @Chill Eventually everyone will need FPGAs to be profitable on RVN, at that point I don't see why we just don't make the switch to ASICs Tron05/10/2019 Also, as much as we don't focus on price, the price does matter because it determines the amount of electricity and hardware will be deployed to get the block reward. Price increase means more security, more mining means more security means higher price. It's a circle. Chill05/10/2019 someone tell that to the twitter handler HailKira05/10/2019 you guys adding seedphrase to desktop wallet? [Dev-Happy] Blondfrogs05/10/2019 @HailKira We will, just is not a high priority right now. MrFanelli™05/10/2019 Twitter handle wants rvn ded Rikki RATTOE Sr. SEC Impresantor05/10/2019 I just don't see much difference between ASIC and FPGA and I'd rather have the added nethash an ASIC will provide once GPUs are virtually kicked off the network kryptoshi05/10/2019 I'm at 11 GB future proof Tron05/10/2019 That also limits miners to big money, not gaming rigs. Synicide05/10/2019 @Rikki RATTOE Sr. SEC Impresantor you have to keep in mind the 'added nethash' is all relative Rikki RATTOE Sr. SEC Impresantor05/10/2019 FPGAs will limit miners to big $$$ too IMO Tron05/10/2019 @kryptoshi New algo x16r-12G requires 12GB :frowning: Seal <:cricat:> Clubber05/10/2019 But sperating smaller gb cards would lead to less adoption if we ever become a mainstream coin. Adpotion of mining that is Chill05/10/2019 but we are a mainstream coin Seal <:cricat:> Clubber05/10/2019 Mains stream as in what eth did Tron05/10/2019 @Rikki RATTOE Sr. SEC Impresantor I agree. Not a perfect solution. Steelers05/10/2019 Is this a Dev meeting or Algo meeting :smiley: Seal <:cricat:> Clubber05/10/2019 But if we ever go mem lane. We should aim for 6 or 8gb. Tron05/10/2019 Open to other questions. Rikki RATTOE Sr. SEC Impresantor05/10/2019 @Tron Probably not the time and the place to have this discussion as we stand currently but IMO we're gonna have this conversation for real eventually Seal <:cricat:> Clubber05/10/2019 Most cards have 6gb now. kryptoshi05/10/2019 Why 12 gb ? Such a massive jump Seal <:cricat:> Clubber05/10/2019 ^ Would also like to know Tron05/10/2019 @kryptoshi I was joking. You said you had 11GB card. Seal <:cricat:> Clubber05/10/2019 Haha You got em good I cant imaghine the face he had when he was 1gb short Lel Rikki RATTOE Sr. SEC Impresantor05/10/2019 That's what she said kryptoshi05/10/2019 Hahaha MrFanelli™05/10/2019 need a 2080ti Seal <:cricat:> Clubber05/10/2019 How much does the VII have? 16? [Dev-Happy] Blondfrogs05/10/2019 Any other questions you have for us? Hans_Schmidt05/10/2019 @[Dev-Happy] Blondfrogs You were testing some github code last month to create a dividends snapshot database of asset holders at a given blockheight. Is that planned for inclusion? That's the only thing needed for dividends. Chill05/10/2019 a dev might want to contact Crypto Chico for some 'splaining [Dev-Happy] Blondfrogs05/10/2019 I still haven't contacted the developer that was working on dividends. Was pretty busy with some other stuff. I will contact him this next week, and see where we are at for that. Rikki RATTOE Sr. SEC Impresantor05/10/2019 Chico doesn't do interviews, shame. Tron would be a much needed interview for his community [Dev-Happy] Blondfrogs05/10/2019 As far as releasing dividends, I can be released at anytime the code is finished and doesn't require any voting or hardfork to occur kryptoshi05/10/2019 Android asset aware wallet? Seal <:cricat:> Clubber05/10/2019 Is in beta right Tron05/10/2019 Testing went well today on Android. Nearing release. [Dev-Happy] Blondfrogs05/10/2019 as it is a mechanism that is wallet specific liqdmetal05/10/2019 no protocol level dividends you guys are saying? [Dev-Happy] Blondfrogs05/10/2019 correct Tron05/10/2019 DM me if you want to test Android with Asset support. I'll send you the .APK. Rikki RATTOE Sr. SEC Impresantor05/10/2019 RVN gonna be on tZero wallet? :yum: liqdmetal05/10/2019 why not? what is the logic on non-protocol dividends assets + protocol dividends is nirvana [Dev-Happy] Blondfrogs05/10/2019 dividends is pretty much sending payments to addresses. Right now, you would have to do this manually. The dividends code, will allow this to be done quicker and easier. No consensus changes are required. Tron05/10/2019 New Android wallet is BIP44 and original Android wallet is BIP32/BIP39 so the words will not find the funds. You'll need to send them to another wallet, and then send them to new BIP44 derived address. liqdmetal05/10/2019 we already have payments to addresses so dividends is not a feature so much as simple wallet script Hans_Schmidt05/10/2019 @[Dev-Happy] Blondfrogs The dividend code changes look risky'er to me than messaging. Would you consider "tags" branch test-ready? [Dev-Happy] Blondfrogs05/10/2019 Not yet @Hans_Schmidt Dividends is easier then you would think if coded correctly. I still haven't seen the code from the community developer. Excited to view it though. Hans_Schmidt05/10/2019 @[Dev-Happy] Blondfrogs Sorry- I meant restricted, not dividend kryptoshi05/10/2019 @Tron on the Android wallet, anyone successfully added their own node and got it to sync faster? Always have issues. I have a supped up node and cannot get it to work with the Android wallet... [Dev-Happy] Blondfrogs05/10/2019 @Hans_Schmidt Oh, that makes more sense. Yes, they are very risky! That is why we are going to create a new bug bounty program for restricted assets testing. Rikki RATTOE Sr. SEC Impresantor05/10/2019 Once the network does get flooded w FPGAs, should we even consider changing the algo a couple times a year? That would only give bitstream developers added time to hoard their creations for themselves Kind of like they're already doing with their x16r bitstreams :yum: kryptoshi05/10/2019 Flooded... lol... like that hardware has mass production scale like gpus...come on dude MrFanelli™05/10/2019 Bip44 wallet? :smiley: Rikki RATTOE Sr. SEC Impresantor05/10/2019 @kryptoshi Eventually yes, where there's $$$ to be made, people make things happen MrFanelli™05/10/2019 So can we trade from that in the new Binance Dex when RVN get listed? kryptoshi05/10/2019 @Rikki RATTOE Sr. SEC Impresantor Yes Soon TM lol. :soontm: Tron05/10/2019 @kryptoshi There are some things we can do to speed it up. For a new wallet, it shouldn't need to sync. For recovered wallet, it needs to sync from beginning of BIP44 wallet support on iOS so words can be moved between the two. Other options include grabbing the first derived address and looking it up on an explorer to see when it was first used and sync from there. Another option is to add an optional number with the 12 words so it knows when to start syncing. There isn't a good reason on an SPV wallet to sync before the seed was created. kryptoshi05/10/2019 Cool. Glad you are looking at speedup options.. :right_facing_fist: :left_facing_fist: [Dev-Happy] Blondfrogs05/10/2019 @MrFanelli™ If the binance dex support RVN deposits. I am sure you would be able to send from it MrFanelli™05/10/2019 Has binance reached out for any info or anything? I seen that we ranked in some voting competition they had on twitter for an ama Rikki RATTOE Sr. SEC Impresantor05/10/2019 I believe we'll need to create a fund of approximately $300,000 in order to get a BNB-RVN asset created and listed on the Binance FDEX [Dev-Happy] Blondfrogs05/10/2019 In order to work with binance we need Ravencoin integrated into Blockbook. Tron05/10/2019 @MrFanelli™ I've reached back out to Binance on the AMA. MrFanelli™05/10/2019 Awesome :smile: kryptoshi05/10/2019 @Tron you are a natural on the interviews... cool as a cucumber. :sunglasses: Tron05/10/2019 Thanks @kryptoshi [Dev-Happy] Blondfrogs05/10/2019 Cool. We are done for today. Please don't ask us any more questions :smiley: Tron05/10/2019 Thanks everyone!!!! [Dev-Happy] Blondfrogs05/10/2019 Cya everyone!! S1LVA | GetRavencoin.org05/10/2019 Cya happy feet, Thanks Thanks Tron Seal <:cricat:> Clubber05/10/2019 :bepbep:
If anyone wants to be a trader but doesn't want to do technical analysis, here is a market-making algo. https://github.com/AnttheAdventuremarket_maker Market making has a specific risk/reward schedule. As a market-maker, you set your minimum price, which is equal to your maximum risk and create both buy and sell trades whenever the price is above the minimum threshold. If you use a market making strategy you will have to hold cash whenever the price is above your minimum price. This will cause your portfolio volatility to plummet compared to BTC, and increase your risk-weighted return. This strategy beats a hodl strategy during bear, sideways and in highly volatile conditions, but the hodl is better when it is moon shotting. Also, this is a liquidity increasing, volatility reducing strategy, meaning the more people that use this the more stable the currency becomes. If we think about how our market operates, you are charging the miners to buy their coins on demand, and the speculators every time they want to push the prices around. This allows you to create a revenue stream instead of waiting for moon shots. example: Someone is willing to hold a maximum of $10,000 of BTC at $5000 price. Market maker: @ BTC price 20K If they set their spread at 5% price change, and commit to $500 value trades. They would make $7000, still have $10k worth BTC, plus $25 profit every time the price dropped. The algo will allow you to choose if you want your profit in cash, more BTC, or mixed. So it is a minimum $25 a trade. Hodl strat: @ 10k price 2BTC is worth 20k. Depending on how you set your metrics, you could increase or decrease the value of your BTC with price changes. You can also calculate your max profit where you run out of BTC. Theoretically, this could be set to infinity if your trades reduce total quantity at a slower pace than the increase in price. In the above example, the trader would have no less than 10k worth of bitcoin unless the price dropped below 5k. I only use the APIs for Binance and Coinbase pro so far so if you want to do the work for other exchanges please make a commit. I have been running it for a while and can confidently say it works as intended. I am a Finance guy, not CS so there could probably be a lot more error handling, better notes, and if someone can help me with a foolproof way to keep AWS from killing your process it would be a huge help to everyone wanting to use this on the cloud.
Posted by Xalat on July 13, 2018 Tokens Listing Q: Which coins will be listed on the exchange initially? A: Initially it will be the basic, big coins, but then we will roll out a ton after, especially ERC20. Have a bunch of listings and ICO clients that will come out quickly as well. So at start: BTC — Bitcoin BCH — Bitcoin Cash ETH- Ethereum LTC — Litecoin TIO — TradeToken USDT — May be available right at launch or at the very least within 2–3 days following launch. ERC20 — we are looking at rolling out maybe 200 as soon as possible, but priority is on listing clients and ICO clients. EOS and XRP soon. Q: When will the exchange support FIAT? A: Soon, there is no regulatory issue, just want to scale into features. Q: Will we have any kind of voting system for new coin listings? Can you tell us anything about your plans on how new listings will be done? Would TIO owners have any privileges over others? A: We are not looking to limit coins by any means, just need a controlled process to roll them out. Regulations and Jurisdictions Q: Can you speak on the progress with regards to regulations in the various jurisdictions? Which jurisdictions is trade.io currently focusing on, or which is top priority at the moment? A: Working on HK, Singapore, Switzerland, Malta right now as the bigger ones. Smaller ones as well. We are meeting with regulators in the US as well. Q: Are u also considering India? A: India is unclear as to regulations right now. Q: Will trade.io move to comply with the SEC and other regulatory bodies worldwide as they ask for information on customer protections, etc? A: Already started, meetings already happening. We will do what we can to eliminate insider trading, wash trading, bots, fake volumes, all the bad things that hurt customers and plague other exchanges. Roadmap Q: When is the new Road-map being published? A: After exchange and LP launches. LP Q: When will the LP fully launch? After 30 days of exchange? And the profit of the LP will count from the 1st day of exchange launch? A: There is only a full version of LP, there is no beta version of LP. Profit starts immediately, LP will launch after 30 days i.e. profits start from next week at launch of the exchange. ICO consultancy revenues will be included regardless when exchange launches. Q: Will there be something which tells the day’s profit with detail for transparency before LP launch? A: There will be a LP distribution amount widget, but not promising that before LP launch. Q: How much can we expect from LP daily payouts in the first month? Nothing at all? Something more than current airdrops program? Or much more than current airdrops? A: The exchange needs to ramp and generate volume, then the LP will have meaningful distributions. Q: There were some thoughts that the running costs would eat up the revenues that was already generated from consultancy arm that would left very few to be distributed. Could you tell us this is not the case? And in general, costs to be subtracted from LP is only direct costs that affects it, could you confirm that as well? A: You mean operations? No that is covered from our 50%. TIO Token Q: After the exchange has been launched, how is the price movement of TIO expected to react? Do you not have any estimation for it? A: Impossible to know, however, we are actively exploring moving TIO to exclusively be traded on trade.io exchange and de-list from other exchanges, for more control over price manipulation. Q: What’s the solution in the future to avoid something like Bitforex? A: They picked us up on their own. It is impossible to prevent a supposed decentralized exchange from listing TIO Q: What measures will be taken to boost the trading volume of TIO token after launch of exchange. With the LP, the volume might be very low as it is today? A: If you look at the token economics of TIO, it is designed to be more like a Berkshire Hathaway than a high volume penny stock. The goal is to drive value, not volume. The more value we create, and with low float, this will be good for price. Q: Will TIO be trade-able with other commodities listed under FX Primus ? A: Most likely not, as its a crypto asset so it will be traded against other cryptos. trade.io Exchange Q: What is the ETA for decentralized exchange? A: There is no ETA at this time, we’re fully focused on making sure we have a flawless centralized exchange and execute on the liquidity pool. Q: Will trade.io offer margin trading? A: We will. Working with risk management to get it structured. Q: What about futures and options? A: Talking to some vendors specifically about this as possible partners. Q: Will trade.io have algo trading? A: Talking to a partner on that currently as well Q: Why limit the launch to just 1000 initially? A: The limitation to 1000 is not really for technology reasons, its more to allow customer support to get feet under them before we pummel them. It’s 1000 on Day 1, looking to open up to many thousands, within only a few days following launch. There is no level of training that can prepare support/finance, etc. once live users come through the door. This is not our first rodeo with running brokerages, so we understand its a completely different ballgame once the bright lights are on. Q: What about Blossom wallet? A: That wallet is under development, which makes it easier to participate in ICOs, have KYC, etc. Q: Are MEW or other wallets going to be integrated in such a way as to make it possible to be able to participate in the LP without having them on the exchange? If this is actually possible that is. Will Private Keys be made available to the holders of the wallets in trade.io? A: Not sure on security on that. May be part of hybrid DEX solution. Also, transaction fees would be high, since every transaction would be recorded on BC, cant really use ledger. Not ideal overall. Q: Will trade.io place their own buy and sell orders to maintain liquidity? A: We will keep risk low initially, but over time us and outside (institutional) providers will be doing this. Partnerships Q: What are the plans with FX Primus? A: The current initiative with FXP, is to accept TIO as a deposit method, then eventually allow TIO to be traded on the platform. Q: Are there any updates on the Angel Investors Program? What roles do Kosmos, Plutus VC and Blockway Capital play in the Angels Investors Program? A: We are sending them deals to look at where they know we already did KYC, took a first pass, etc. They are also bring us deals to look at as well. Security Q: Can u please tell us about the security measures taken for exchange. As these days many exchanges are being hacked even the so called best exchange i.e. Binance , Bancor etc. A: We have in-house, outside team, Cloudflare, Fireeye, etc. To elaborate, virtually all client assets are kept in cold storage as well. Q: Are there plans to provide insurance against hacking? If wallets get hacked is it guaranteed that owners will get all their tokens back? One suggestion is that part of the undistributed funds from the LP (due to tiers with percentages less than 100%) can be used to offer such insurance, If necessary…if not, could be retained by the company …Security is obviously of the utmost importance especially if trade.io is targeting institutional investors. This insurance would bring extra peace of mind. A: We are looking for answers on that, so I like the suggestion. Nothing definitive yet. We will explore insurance and other things, but same answer for all of crypto, there is nothing like FDIC yet. join trading revolution. join trade.io sign up here: https://trade.io/l/lb1x
Jim Preissler, CEO AMA Session On Telegram, Friday 13 July 2018 - Everything!
For those of you who like to go through everything in their correct order to get context, here is the full AMA from beginning to end. Knock yourself out. Jim Preissler, [14.07.18 00:01] Hi everyone Scarlet ~ trade.io Admin, [14.07.18 00:01] [In reply to Henry] The first 1000 will receive email either on 16 or 17, but before exchange actually launch. Dustin McDaniel, [14.07.18 00:01] Jim in the house! ?? Crypto Bling, [14.07.18 00:01] Hi jim trade.io, [14.07.18 00:01] Hello Jim! Scarlet ~ trade.io Admin, [14.07.18 00:01] [ GIF ] TSas, [14.07.18 00:01] Hello Jim S Aggarwal, [14.07.18 00:02] Hello jim Satish, [14.07.18 00:02] Wassup man! Jim Preissler, [14.07.18 00:02] Been busy getting ready for the launch and signing some more partnerships for us Hiro S, [14.07.18 00:02] Hi Jim Jim Preissler, [14.07.18 00:02] Good morning / afternoon / evening / go to bed to all of you! Dustin McDaniel, [14.07.18 00:03] [In reply to Jim Preissler] [ GIF ] Le Tai, [14.07.18 00:03] Hi Jim Jim Preissler, [14.07.18 00:03] [In reply to Dustin McDaniel] yeah, thats exactly how I feel Ro$€, [14.07.18 00:04] Nice to hear the new partnerships S Aggarwal, [14.07.18 00:05] Hey S Aggarwal, [14.07.18 00:05] Jim can u tell me which all coins will be listed intialy?? Jim Preissler, [14.07.18 00:06] [In reply to S Aggarwal] Initial will be the basic, big coins, but then will roll out a ton after, especially ERC20 Jim Preissler, [14.07.18 00:06] Have a bunch of listings and ICO clients that will come out quickly as well trade.io, [14.07.18 00:06] Hi Jim, here's a question and a suggestion from Phil(@PhilWall10):
When the calculator will be available for the lp pool?
I would like to see a 1% bonus for the first day that the exchange is Trading ,just for investors that held over 25,000 Tio's something like that would be nice.
Zeep, [14.07.18 00:06] hi Jim S Aggarwal, [14.07.18 00:07] [In reply to Jim Preissler] I am asking for those 10 basis ones Jim Preissler, [14.07.18 00:07] [In reply to S Aggarwal] is there a particular one that you are driving towards? S Aggarwal, [14.07.18 00:07] Eos S Aggarwal, [14.07.18 00:07] Xrp Paul Johnson -trade.io, [14.07.18 00:08] I can help out here, as the list came up a short time ago: BTC - Bitcoin BCH - Bitcoin Cash ETH- Ethereum LTC - Litecoin TIO - TradeToken USDT - May be available right at launch or at the very least within 2-3 days following launch TSas, [14.07.18 00:08] Jim, here's a question: What are the plans with FX Primus? Jim Preissler, [14.07.18 00:08] [In reply to S Aggarwal] Both those require testing, ERC20 will be sooner S Aggarwal, [14.07.18 00:08] [In reply to Jim Preissler] K Dustin McDaniel, [14.07.18 00:09] Jim, Can you speak any on the progress with regards to regulations in the various jurisdictions? Which jurisdictions is trade.io currently focusing on, or which is top priority at the moment? S Aggarwal, [14.07.18 00:09] Also can u please tell me approx figures u have earned out of ico consultantancy..? Just to have a idea about profit in ico S Aggarwal, [14.07.18 00:10] Also what is your status for regulatory licences?? Jim Preissler, [14.07.18 00:10] [In reply to Dustin McDaniel] Working on HK, Singapore, Switzerland, Malta right now as the bigger ones. Smaller ones as well. We are meeting with regulators in the US as well HODL Droid, [14.07.18 00:10] [In reply to Dustin McDaniel] Same question + will TIO be tradeable with other comodities listed under FX Primus ? Jimmy Choo, [14.07.18 00:10] Hello, Jim. My question is : After the exchange has been launched, how is the price movement of TIO in the future? S Aggarwal, [14.07.18 00:10] Are u also acuiring one for india?? Ro$€, [14.07.18 00:10] I want to ask when can we have the new Roadmap? S Aggarwal, [14.07.18 00:11] [In reply to S Aggarwal] @JimPreissler Scarlet ~ trade.io Admin, [14.07.18 00:11] Lets hold until Jim clears these questions. Jim Preissler, [14.07.18 00:12] [In reply to Jimmy Choo] you tell me Ro$€, [14.07.18 00:12] [In reply to Jim Preissler] :)) Jim Preissler, [14.07.18 00:12] [In reply to S Aggarwal] India is unclear as to regulations right now Jim Preissler, [14.07.18 00:12] [In reply to Ro$€] After exchange and LP launches Le Tai, [14.07.18 00:13] When exchange platform support fiat? Thank you Jim Preissler, [14.07.18 00:13] [In reply to HODL Droid] @biggiepaul will get back to you S Aggarwal, [14.07.18 00:14] [In reply to S Aggarwal] @JimPreissler please answer this as well Jimmy Choo, [14.07.18 00:14] [In reply to Jim Preissler] Do you not have any estimation for it? Jim Preissler, [14.07.18 00:14] [In reply to Le Tai] soon, there is no regulatory issue, just want to scale into features Paul Johnson -trade.io, [14.07.18 00:14] [In reply to HODL Droid] Most likely not, as its a crytpo asset so it will be traded against other cryptos. Ro$€, [14.07.18 00:15] [In reply to Jim Preissler] Can you clearer on that? Will we have connect with bank account, convert directly into fiat? S Aggarwal, [14.07.18 00:15] @JimPreissler what is the ETA for decentralised exchange?? Hai Nguyen, [14.07.18 00:15] Hi Jim, could you tell me when LP will full launch? After 30 days of exchange? And the profit of LP will count from the 1st day of exchange launch? Morbidus, [14.07.18 00:16] Will Trade.io move to comply with the SEC and other regulatory bodies worldwide as they ask for information on customer protections, etc? TSas, [14.07.18 00:16] [In reply to TSas] Answer pls Jim Paul Johnson -trade.io, [14.07.18 00:16] Guys, kindly hold off on the rapid fire q's, pls let Jim answer one at a time Jim Preissler, [14.07.18 00:16] [In reply to Hai Nguyen] profit starts immediately, LP will launch after 30 days Hai Nguyen, [14.07.18 00:17] [In reply to Jim Preissler] Full launch or Beta launch? Paul Johnson -trade.io, [14.07.18 00:17] [In reply to Jimmy Choo] Impossible to know, however, we are actively exploring moving TIO to exclusively to be traded on trade.io exchange and delist from other exchanges, for more control over price manipulation. Jim Preissler, [14.07.18 00:17] [In reply to Morbidus] Already started, meetings already happening. We will do what we can to eliminate insider trading, wash trading, bots, fake volumes, all the bad things that hurt customers and plague other exchnges Paul Johnson -trade.io, [14.07.18 00:18] [In reply to S Aggarwal] There is no ETA at this time, we're fully focused on making sure we have a flawless centralized exchange and execute on the liquidity pool. Jim Preissler, [14.07.18 00:18] [In reply to Hai Nguyen] there is no more beta, full launch is next week Dustin McDaniel, [14.07.18 00:18] [In reply to Jim Preissler] ???? Hai Nguyen, [14.07.18 00:19] [In reply to Jim Preissler] I mean the about the LP Morbidus, [14.07.18 00:19] [In reply to Jim Preissler] great thanks Crypto Bling, [14.07.18 00:19] [In reply to Jim Preissler] Sweet???? Tommy Vu, [14.07.18 00:19] [In reply to Jim Preissler] ?????? Jim Preissler, [14.07.18 00:19] [In reply to Hai Nguyen] profits start accumulating next week Ro$€, [14.07.18 00:19] [In reply to Paul Johnson -trade.io] Whats solution in the future to avoid sth like Bitforex? S Aggarwal, [14.07.18 00:19] @JimPreissler will Tio offer margin trading?? " Not giving away CS, CAS and TIO", [14.07.18 00:19] When 1 tio Zeep, [14.07.18 00:19] how much coin exchange? Jim Preissler, [14.07.18 00:19] [In reply to Ro$€] they picked us up on their own S Aggarwal, [14.07.18 00:20] And What about futures and options (F&O)[email protected] Jim Preissler, [14.07.18 00:20] [In reply to S Aggarwal] We will, working with risk mgmt to get it structured Paul Johnson -trade.io, [14.07.18 00:20] [In reply to Ro$€] Impossible to prevent a supposed decentralized exchange from listing TIO Jim Preissler, [14.07.18 00:20] [In reply to S Aggarwal] Talking to some vendors specifically about this as possible partners Jimmy Choo, [14.07.18 00:20] [In reply to Paul Johnson -trade.io] Thank you, Jim. Hope exchange is a hit. ?? Paul Johnson -trade.io, [14.07.18 00:21] [In reply to Hai Nguyen] LP not sooner than 1 month following exchange launch Paul Johnson -trade.io, [14.07.18 00:21] [In reply to Jimmy Choo] It will be unlike anything anyone has seen yet. Dustin McDaniel, [14.07.18 00:21] [In reply to Jim Preissler] Maybe question is about the launch only being for 1000 people. Is LP being targeted launching 30 days after July 17th? or after it is fully available unlimited> S Aggarwal, [14.07.18 00:21] @JimPreissler will Tio have algo trading?? Zeep, [14.07.18 00:21] jim. how much coin exchange? Jim Preissler, [14.07.18 00:22] [In reply to Dustin McDaniel] the limitation to 1000 is not really for technology reasons, its more to allow customer support to get feet under them before we pummel them Hiro S, [14.07.18 00:22] Jim, I know this a tough one, but there is a lot of specuative thoughts around what LP will share when it starts, and I saw way too optimistic, in my view. Today, the expectation of nothing will be distributed on the first month and lots will be distributed that will make TIO moon are two events of equal probability, at least for me. Can give us a better directions that any of this outcome is not a 50/50 probability? Or being more direct, how much can we expect from LP daily payouts in the first month? Nothing at all? Something more than current airdrops program? Or much more than current airdrops? thank you. Jim Preissler, [14.07.18 00:22] [In reply to S Aggarwal] talking to a partner on that currently as well Hai Nguyen, [14.07.18 00:22] [In reply to Jim Preissler] I mean which version of LP will launch after 30 days of exchange full launch? Beta version LP or full version LP? I see the new road map on trade.io website, it has beta LP. Paul Johnson -trade.io, [14.07.18 00:23] [In reply to Hai Nguyen] there is only a full version of LP, there is no beta version of LP Zeep, [14.07.18 00:23] jim. how much coin list on exchange? Dustin McDaniel, [14.07.18 00:23] [In reply to Jim Preissler] Fantastic S Aggarwal, [14.07.18 00:23] @JimPreissler just a confirmation that u have wavied trading fee but we will get other income like spread in lp for 17 july to 17 aug (30 days after launch)?? Crypto Bling, [14.07.18 00:23] [In reply to Jim Preissler] Nice???? Jim Preissler, [14.07.18 00:23] [In reply to Hiro S] The exchange needs to ramp and generate volume, then the LP will have meaningful distributions Grimlock, [14.07.18 00:24] [In reply to Paul Johnson -trade.io] not sooner or not later? Hai Nguyen, [14.07.18 00:24] [In reply to Paul Johnson -trade.io] ??, thank you. Paul Johnson -trade.io, [14.07.18 00:24] [In reply to Dustin McDaniel] Note, that its 1K on Day 1, looking to open up to many thousands, within only a few days following launch Jim Preissler, [14.07.18 00:24] [In reply to Zeep] depends on volume and user base of the coin. send details to [[email protected]](mailto:[email protected]) TSas, [14.07.18 00:24] Jim, what are the plans with FX Primus? Paul Johnson -trade.io, [14.07.18 00:25] [In reply to TSas] Hey Tsas, i can help with that one. Jim Preissler, [14.07.18 00:25] [In reply to S Aggarwal] correct, only trading fee waived initially Paul Johnson -trade.io, [14.07.18 00:25] [In reply to TSas] The current initiative with FXP, is to accept TIO as a deposit method, then eventually allow TIO to be traded on the platform. Ro$€, [14.07.18 00:25] Which users will have profit from LP in the first 2 months? Only the first 1000? Any new formula to calculate S Aggarwal, [14.07.18 00:26] [In reply to Jim Preissler] Thanks for confirmation Paul Johnson -trade.io, [14.07.18 00:26] [In reply to Grimlock] Definitely not sooner, and might be later. Dustin McDaniel, [14.07.18 00:26] [In reply to Paul Johnson -trade.io] Thank you, now knowing that is is limited release based mainly to help support team, it is a lot clearer.. Gives assurance that team is confident on the technology side TSas, [14.07.18 00:26] [In reply to Paul Johnson -trade.io] ?? thanks Paul Johnson -trade.io, [14.07.18 00:26] [In reply to Paul Johnson -trade.io] No worries though, as revenue generated will be calculated from Day 1 of the launch Jim Preissler, [14.07.18 00:27] Obviously, the success of the LP is directly tied to success of exchange Grimlock, [14.07.18 00:27] [In reply to Jim Preissler] and vice versa i suppose Jim Preissler, [14.07.18 00:27] [In reply to Dustin McDaniel] People harder to scale then tech Paul Johnson -trade.io, [14.07.18 00:27] [In reply to Dustin McDaniel] Correct, there is no level of training that can prepare support/finance, etc. once live users come through the door. This is not our first rodeo with running brokerages, so we understand its a completely different ballgame once the bright lights are on. S Aggarwal, [14.07.18 00:28] @JimPreissler will there be something which tells the days profit with its details for transperancy before lp launch? Dustin McDaniel, [14.07.18 00:28] [In reply to Paul Johnson -trade.io] so, revenue generated to this point, through ICO consultancy, etc... is not included in LP? Only what is generated after exchange launch? S Aggarwal, [14.07.18 00:28] [In reply to Dustin McDaniel] They said eariler it will be included Ro$€, [14.07.18 00:28] [In reply to Dustin McDaniel] As i remember, it is included Jim Preissler, [14.07.18 00:28] [In reply to S Aggarwal] There will be a LP distribution amount widget, but not promising that before LP launch Paul Johnson -trade.io, [14.07.18 00:29] [In reply to Dustin McDaniel] I stand corrected, you're correct, ICO consultancy rev's will be included regardless when exchange launches. Jim Preissler, [14.07.18 00:29] [In reply to Dustin McDaniel] its included Dustin McDaniel, [14.07.18 00:29] You guys ROCK!! Crypto Bling, [14.07.18 00:29] [In reply to Dustin McDaniel] +1 Grimlock, [14.07.18 00:29] ???????????????????????????? Ro$€, [14.07.18 00:29] Which users will get it and how? Tommy Vu, [14.07.18 00:30] [In reply to Crypto Bling] ?? Jimmy Choo, [14.07.18 00:30] [In reply to Dustin McDaniel] +10 Paul Johnson -trade.io, [14.07.18 00:30] [In reply to Crypto Bling] [ Photo ] S Aggarwal, [14.07.18 00:30] Is there any hardware wallet also as a gift from selfkey partnership?? S Aggarwal, [14.07.18 00:30] Like airdrop Jim Preissler, [14.07.18 00:30] [In reply to S Aggarwal] ? not sure of Q Ro$€, [14.07.18 00:31] My question pls Jim Hai Nguyen, [14.07.18 00:31] How is about Blossom wallet? Ro$€, [14.07.18 00:31] [In reply to Ro$€] .. S Aggarwal, [14.07.18 00:32] Can u please tell security measures taken for exchange... As these days many exchanges are being hacked even the so called best exchange i.e. binance , bancor etc Jim Preissler, [14.07.18 00:32] [In reply to Hai Nguyen] That wallet is under development, which makes it easier to participate in ICOs, have KYC, etc. Dustin McDaniel, [14.07.18 00:32] [In reply to S Aggarwal] And on that note.... Are there plans to provide insurance against hacking? If wallets get hacked is it guaranteed that owners will get all their tokens back? One suggestion is that part of the undistributed funds from the LP (due to tiers with percentages less than 100%) can be used to offer such insurance, If unnecessary...if not, could be retained by the company …Security is obviously of the utmost importance especially if trade.io is targeting institutional investors. This insurance would bring extra peace of mind. Johnson, [14.07.18 00:33] Jim, what measures will be taken to boost the trading volume of TIO token after launch of exchange. With liquidity pool, I think the volume might be very low as it is today DeviLpaL ~ trade.io Moderator, [14.07.18 00:33] Hold on guys. Let jim answer Q one by one Hiro S, [14.07.18 00:33] There was some thoughts that running costs would eat up the revenues that was already generated from consultancy arm that would left very few to be distributed. COuld you tell us this is not the case? And in general, costs to be subracted from LP is only direct costs that affects it, could you confirm that as well? thank you. Jim Preissler, [14.07.18 00:33] [In reply to S Aggarwal] We have inhouse, outside team, cloudflare, fireeye, etc. S Aggarwal, [14.07.18 00:34] [In reply to Dustin McDaniel] I think the undistributed profit (as for those having less than 100%) will add to profit of next day Grimlock, [14.07.18 00:34] [In reply to Jim Preissler] the important question is still: in case of any hacking, are we guaranteed our tokens back? Paul Johnson -trade.io, [14.07.18 00:34] [In reply to Jim Preissler] To elaborate, virtually all client assets are kept in cold storage as well. Jim Preissler, [14.07.18 00:34] [In reply to Dustin McDaniel] We are lookng for ans on that, so I like the suggestion. Nothing definative yet Dustin McDaniel, [14.07.18 00:35] [In reply to S Aggarwal] I believe any undistributed for the day would be retained daily Ro$€, [14.07.18 00:35] [In reply to Grimlock] Agree, noone can say i am unhackable Dustin McDaniel, [14.07.18 00:36] [In reply to Jim Preissler] Thank you Paul Johnson -trade.io, [14.07.18 00:36] [In reply to Ro$€] There is no company in the universe that is "unhackable" DeviLpaL ~ trade.io Moderator, [14.07.18 00:36] Ro$€: Which users will have profit from LP in the first 2 months? Only the first 1000? Any new formula to calculate Jim Preissler, [14.07.18 00:36] [In reply to Johnson] if you look at the token economics of TIO, it is deisgned to be more like a berkshire hathaway than a high volume penny stock. The goal is to drive value, not volume. The more value we create, and with low float, this will be good for price S Aggarwal, [14.07.18 00:37] [In reply to Dustin McDaniel] At the end what to do with it ...it will keep on accumulating .... Better to distribute Jim Preissler, [14.07.18 00:37] [In reply to Paul Johnson -trade.io] We are not skimping in any areas or security, it is a high priority S Aggarwal, [14.07.18 00:38] [In reply to S Aggarwal] I think jim should clarify on this Ray Zhang, [14.07.18 00:38] Any news about the license? Ro$€, [14.07.18 00:38] [In reply to Grimlock] I would like to ask what the solution if that ever happens. For sure, i dont want it :) but i want to know S Aggarwal, [14.07.18 00:38] Do we have any security feature like bnt had to freeze [email protected] Jim Preissler, [14.07.18 00:39] [In reply to S Aggarwal] what was the orig Q again :) Hiro S, [14.07.18 00:39] [In reply to Jim Preissler] I definitely like that. ;) S Aggarwal, [14.07.18 00:40] [In reply to Jim Preissler] The question is that... What will happen to the undistributed profit due to people having less than 100% profit share in lp?? S Aggarwal, [14.07.18 00:40] [In reply to S Aggarwal] @Guitarplyr Dustin McDaniel, [14.07.18 00:40] [In reply to Jim Preissler] concerning undistributed LP profits, they do not roll over, correct? Retained daily by the company? Soroush, [14.07.18 00:41] Talking about licenses, Jim, can you tell us which one is your top priority? US, Swiss, FX? Hiro S, [14.07.18 00:41] [In reply to Jim Preissler] I simpatize with this “insurance” would be also a nice promo tool on top of all top security measures and if security play its roles it will be an asset that company will have anyway. Jim Preissler, [14.07.18 00:41] [In reply to Ro$€] We will xplore insurance and other things, but same ans for all of crypto, there is nothing like FDIC yet Dustin McDaniel, [14.07.18 00:41] [In reply to Dustin McDaniel] Or put into seperate fund, to provide insurance, buy back and burn programs, etc... :) Jim Preissler, [14.07.18 00:42] [In reply to S Aggarwal] cover down days is the main use Jim Preissler, [14.07.18 00:42] [In reply to Dustin McDaniel] those can all be considered Jim Preissler, [14.07.18 00:43] [In reply to Soroush] scroll up a bit S Aggarwal, [14.07.18 00:43] [In reply to Dustin McDaniel] This will be nice i think first to set aside 10%profit for buy and burn Tio and to distribute 50-50 (i.e. 45% of total ) to mgt and lp S Aggarwal, [14.07.18 00:43] @JimPreissler Dustin McDaniel, [14.07.18 00:43] [In reply to Jim Preissler] Its why I love this company, project, and vision so much Ro$€, [14.07.18 00:43] [In reply to Soroush] U r bit late buddy Hiro S, [14.07.18 00:45] [In reply to Hiro S] @JimPreissler can u comment on this pls. I think if LP is able to share good profits on first days that would be good marketing and this may possible because of accumulated revenues. samy101, [14.07.18 00:45] This is promising and time to buy more Tio’s. Jim Preissler, [14.07.18 00:45] [In reply to S Aggarwal] too early to be planning or discussing buybacks at this point, most don't fully understand the long term ramifications of this anyway. Most crypto doing this haven't thought it all the way through, but that is discussion for another day Den, [14.07.18 00:46] Hello guys, hi Jim! Got a question about negative days for LP. I don't really understand how it can be, exchange should stop trading and other revenue streams should be off for that day? Oliver, [14.07.18 00:46] Are you guys familiar with Ian Balina? He was hinting to an exchange partnership in his last video. The company will sponsor his world tour and meetup. It is not binance so I was hoping it could be TIO haha Oliver, [14.07.18 00:46] *that's for Jim or BD Johnson, [14.07.18 00:46] Jim, regarding trading TIO on competitors exchange. Are there plan to get TIO de-listed from other centralized exchange? This is necessary to avoid price manipulation. Also, is it possible that these exchange refuse to de-list TIO when you request? Ro$€, [14.07.18 00:47] [In reply to Johnson] Thats answered, up buddy Jim Preissler, [14.07.18 00:47] [In reply to Den] There is risk making markets and providing liquidity Jim Preissler, [14.07.18 00:48] [In reply to Johnson] They could refuse S Aggarwal, [14.07.18 00:48] [In reply to Oliver] +1 S Aggarwal, [14.07.18 00:49] @JimPreissler is that exchange he is saying TIO Hugo Cruz, [14.07.18 00:49] What r the rewards for someone the buys TIO now before launch of exchange? S Aggarwal, [14.07.18 00:49] [In reply to Hugo Cruz] Capital gains Scarlet ~ trade.io Admin, [14.07.18 00:49] [In reply to Hugo Cruz] Capital appreciation. S Aggarwal, [14.07.18 00:49] [In reply to Scarlet ~ trade.io Admin] U are late S Aggarwal, [14.07.18 00:49] Haha Scarlet ~ trade.io Admin, [14.07.18 00:50] I know.. Hugo Cruz, [14.07.18 00:50] [In reply to S Aggarwal] Thats wut they said when bitcoin was 20k. Ro$€, [14.07.18 00:50] [In reply to DeviLpaL ~ trade.io Moderator] One more time Jim :) Q still Scarlet ~ trade.io Admin, [14.07.18 00:51] [In reply to Hugo Cruz] 30 cents vs 20k, c'mon man. Jim Preissler, [14.07.18 00:51] [In reply to Oliver] I am going to find that Bitconnect guy! BITTTCOONNNEECTTT! S Aggarwal, [14.07.18 00:51] [In reply to Johnson] @JimPreissler please answer this Oliver, [14.07.18 00:51] [In reply to Jim Preissler] hahahaha Jim Preissler, [14.07.18 00:51] [In reply to Ro$€] We are only limiting to 1000 until customer service, and any other issues are under control Leo Elias, [14.07.18 00:52] [In reply to Jim Preissler] [ ?? Sticker ] Dmitry K, [14.07.18 00:52] [In reply to Jim Preissler] [ GIF ] Dustin McDaniel, [14.07.18 00:52] Are MEW or other wallets going to be integrated in such a way as to make it possible to be able to participate in the LP without having them on the exchange? If this is actually possible that is. Will Private Keys be made available to the holders of the wallets in trade.io? Dustin McDaniel, [14.07.18 00:52] [In reply to Jim Preissler] ?????? Oliver, [14.07.18 00:52] [ GIF ] Jim Preissler, [14.07.18 00:53] [In reply to Johnson] yes, we will try to pull down elsewhere. no guarantees they will do it though S Aggarwal, [14.07.18 00:53] [In reply to Dustin McDaniel] It will make no sense for company. To share profit withour using assets Ro$€, [14.07.18 00:53] [In reply to Jim Preissler] That was cleared up, but how to distribute the LP profits from Ico, which custumers? Or we need the formular till LP launched? Dustin McDaniel, [14.07.18 00:54] [In reply to S Aggarwal] Asking mainly for other community members who are looking for answers from managment S Aggarwal, [14.07.18 00:54] [In reply to Dustin McDaniel] Np Jim Preissler, [14.07.18 00:55] [In reply to Dustin McDaniel] yeah, also not sure on security on that as well. May be part of hybrid DEX solution Jim Preissler, [14.07.18 00:56] [In reply to S Aggarwal] And transaction fees would be high, since every transaction would be recorded on BC, cant really use ledger. Not ideal overall Dustin McDaniel, [14.07.18 00:56] Couple more questions from community members... Are there any updates on the Angel Investors Program? What roles do Kosmos, Plutus VC and Blockway Capital play in the Angels Investors Program? Dustin McDaniel, [14.07.18 00:56] [In reply to Jim Preissler] Thank you for those answers Jim Preissler, [14.07.18 00:57] [In reply to Dustin McDaniel] We are sending them deals to look at where they know we already did KYC, took a first pass, etc. They are also bring us deals to look at as well Jim Preissler, [14.07.18 00:58] couple more minutes, then going to lunch! S Aggarwal, [14.07.18 00:58] Will Tio place there own buy and sell orders toaintain liquidity?? Grimlock, [14.07.18 00:58] [In reply to Jim Preissler] one last question from me, Grimlock, [14.07.18 00:58] are you confident that we are all going to the moon? Grimlock, [14.07.18 00:59] ?? Dustin McDaniel, [14.07.18 00:59] [In reply to Grimlock] ?????? Satish, [14.07.18 00:59] ???????? S Aggarwal, [14.07.18 00:59] [In reply to S Aggarwal] @JimPreissler Jim Preissler, [14.07.18 00:59] [In reply to Grimlock] how much trading are you going to do :) Hiro S, [14.07.18 01:00] [In reply to Hiro S] @JimPreissler can comment on that pls, thank you. Soroush, [14.07.18 01:00] Jim, will we have any kind of voting system for new coin listings? Can you tell us anything about your plans on how new listings will be done? Would TIO owners have any privileges over others? Jim Preissler, [14.07.18 01:00] [In reply to S Aggarwal] We will keep risk low initially, but over time us and outside (insitutional) providers will be doing this Grimlock, [14.07.18 01:00] [In reply to Jim Preissler] am just going to hold. buckle up and sit tight. is that alright with you? S Aggarwal, [14.07.18 01:00] [In reply to Jim Preissler] Very less ... As i am all in in TIO and now dont have any penny to trade Jim Preissler, [14.07.18 01:01] [In reply to Hiro S] You mean operations??? No that is covered from our 50% Dustin McDaniel, [14.07.18 01:01] Any fear that the initial 1000 will be doing no trading since they are loyal TIO holders, and all-in already? ?????? S Aggarwal, [14.07.18 01:02] [In reply to Dustin McDaniel] Yes???? S Aggarwal, [14.07.18 01:02] [In reply to S Aggarwal] . Hiro S, [14.07.18 01:02] [In reply to Jim Preissler] ok, it is clearer now. thank you. Jim Preissler, [14.07.18 01:02] [In reply to Dustin McDaniel] then we add more Leo Elias, [14.07.18 01:03] Uscitizen when ? Jim Preissler, [14.07.18 01:03] [In reply to Hiro S] An "expenese" would be an affiliate commission or something like that, not operations Jim Preissler, [14.07.18 01:04] [In reply to Soroush] we are not looking to limit coins by any means, just need a controlled process to roll them out Hiro S, [14.07.18 01:04] [In reply to Jim Preissler] understand even better now. :) S Aggarwal, [14.07.18 01:04] [In reply to Jim Preissler] Good... So approx how many coins before lp launch?? Jim Preissler, [14.07.18 01:04] [In reply to Leo Elias] hopefully soon, been talking to FINRA and SEC Jim Preissler, [14.07.18 01:05] [In reply to S Aggarwal] We will get to EOS and XRP pretty soon :) S Aggarwal, [14.07.18 01:05] Haha S Aggarwal, [14.07.18 01:06] [In reply to Jim Preissler] I want others too as have economic interest via lp Jali, [14.07.18 01:06] [Forwarded from .] Ok Tnx Got it Leo Elias, [14.07.18 01:06] [In reply to Jim Preissler] [ ?? Sticker ] Dustin McDaniel, [14.07.18 01:06] [In reply to Jim Preissler] ???? Johnson, [14.07.18 01:07] I Missed response on licenses, can someone please repost? S Aggarwal, [14.07.18 01:07] [In reply to S Aggarwal] @JimPreissler any estimate Ro$€, [14.07.18 01:08] Any plan that we can store Tio in hardware wallet like Ledge Nano? Jim Preissler, [14.07.18 01:08] [In reply to S Aggarwal] ERC20 - we are looking at rolling out maybe 200 as soon as possible, but priority is on listing clients and ICO clients Dustin McDaniel, [14.07.18 01:08] [In reply to Johnson] Working on HK, Singapore, Switzerland, Malta right now as the bigger ones. Smaller ones as well. We are meeting with regulators in the US as well S Aggarwal, [14.07.18 01:08] [In reply to Jim Preissler] K Jim Preissler, [14.07.18 01:08] [In reply to S Aggarwal] And for you, EOS and XRP S Aggarwal, [14.07.18 01:09] [In reply to Jim Preissler] Thanks trade.io, [14.07.18 01:09] [In reply to Johnson] I'll PM you Soroush, [14.07.18 01:09] [In reply to Jim Preissler] Consider Tezos too plz, right now they only have two low-key exchanges available with high fees Jim Preissler, [14.07.18 01:09] [In reply to Soroush] sure Jim Preissler, [14.07.18 01:09] Maybe they can pay us to list them :) Jack, [14.07.18 01:10] hi Jim, which kind of wallet we are using after exchange go live? Jim Preissler, [14.07.18 01:10] OK, I have a hot lunch date with my 5 year old. I will be back on here in a bit. Thanks everyone!!! Jack, [14.07.18 01:10] cos Blossom is under development Hiro S, [14.07.18 01:11] Thank you Jim, very quality AMA! trade.io, [14.07.18 01:11] Thanks Jim! S Aggarwal, [14.07.18 01:11] Thanks jim for ama @JimPreissler Johnson, [14.07.18 01:11] Thanks Jim! Enjoy your lunch Ro$€, [14.07.18 01:12] Thank you Grimlock, [14.07.18 01:12] ok guys, AMA is over. Time to load up your TIO bags and check in! Jack, [14.07.18 01:12] [In reply to Jack] hi @Trade_IO, could you answer this? trade.io, [14.07.18 01:13] For your Q's please drop Admins a PM. We will collect your Q's and forward it to Jim. The AMA with Jim will also be uploaded on our Reddit page. Thank you! ???, [14.07.18 01:13] Jim,I strongly recommend that you develop app!! Paul Johnson -trade.io, [14.07.18 01:13] Thanks Jim, Admin, and of course the TIOnauts...great dialogue as usual
Bitcoin trades are more easily executed if you have robots to assist you. That’s basically what bitcoin algorithmic trading is. Algorithmic trading refers to using computer software to execute several trade orders simultaneously. The trading is automated and instructions are programmed based on variables such as time, price, and volume. Binance [Binance.com], the cryptocurrency exchange that embraces Bitcoin’s forks quicker than any other in the market. It is essentially one of the cryptocurrency exchange that releases futures of Bitcoin forks on day 1 after the snapshot is. One of the selling points of the exchange is the fact that it operates in many countries around the globe. The trading algorithm of Algo Signals focuses on short-term trading which means that every trading position is held only for only a few minutes or so. The position gets closed automatically by the intelligent AI-based bots as soon as the bots reach the profit level set for the trade by the registered trader. Trading Bots können die Genauigkeit und den Erfolg des Handels steigern. Sie können jetzt Kryptowährungen mit einer Auswahl an Binance-Handelsbots handeln und echte Gewinne erzielen. Erfahren Sie, was automatisierte Software für Sie tun kann. Die afrikanische Börse, die im Oktober 2018 eröffnet wurde, wird alle Handelsdienstleistungen bis zum 11. November schließen. Der Krypto-Börsengigant Binance hat angekündigt, dass er bis zum 11.November alle Handelsdienste in Binance Uganda schließen wird, nachdem er letzte Woche die Einzahlungen gestoppt hat. Algorithmic trading - or simply 'algo trading', is the process of allowing a pre-programmed computer to research and trade on your behalf. The overarching concept is that the underlying algorithm has the capacity to process market data at a significantly faster rate than you or I. As a res Cryptocurrency / Bitcoin Trading Bots in Python Algo / Automated Cryptocurrency Trading with Python-Based Open Source Software Guides and Instructional YouTube Videos by @BlockchainEng Joaquin Roibal focusing on crypto trading strategies such as Triangular Arbitrage, Market Making, etc. Hello and welcome to the code repository of @BlockchainEng Joaquin Roibal. This Github Repository is used as ... Market conditions can change, and the algorithm will continue trading, even if every trade is a loss-making transaction. That said, as long as you’re diligent, an algorithmic trading strategy can be an excellent way to approach the cryptoasset markets. Related Reading: Best Bitcoin Trading Bots, Rated and Reviewed 2019 If your primary interest is trading Bitcoin, you might be better off trading Bitcoin futures with a regulated broker like Interactive Brokers for example. The benefit of a regulated broker is that they have insurance schemes in place to protect the consumer. If trading futures is not your thing, there are several regulated brokers that offer CFD trading on cryptocurrencies which can be a good ... Since then, Bitcoin surged and hit a $13,000 value threshold. Still, Binance can take solace in the fact that it has managed to break the Bitcoin futures duopoly that was held by OKEx and BitMEX ...
Get Profit Trailer Here: https://profittrailer.com/pt/CryptoGnome/ Check Out the Profit Trailer Trading Bot: https://profittrailer.io/pt/CryptoGnome/ -----... How To Setup A MUDREX Crypto Trading Bot Using TradingView Ichimoku Indicator Alerts to Buy & Sell Bitcoin BTC on the Binance Exchange. Signup with Mudrex an... Join Binance Here: https://www.binance.com/en/futures/ref/41297141 👉-10% Discount Code For Binance Futures Referral is → 41297141 👉GET My Technical Analysi... Download: https://bit.ly/30vwVTG Live Bitcoin Trading With DeriBot on Deribit DeriBot ... Tips To Profit During Crypto Bear Market 2018 - Duration: 11:10. CryptoJack 5,187 views. 11:10. How I learned To Day Trade In A Week ... Video Highlights: Bitcoin Profit Loss Calculator App Binance New Feature Koinex Free Trading Option #Delta #Bitcoin #cryptotamil Binance Bot Tutorial, Trading Bitcoin, Ethereum and other Cryptocurrencies on the Binance Exchange. Learn How To build an algorithmic cryptocurrency trading bot with Python -