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Topics - Bob von Crypto Karma

Pages: [1] 2 3
1
Latest News / Hits of the Day
« on: January 03, 2018, 07:39:13 PM »
Wow, lots of hot action today in crytpo land.
The high flyers today have been...
Ripple  up 33%
Cardano 54%
NEM 65%
Stellar 44%
TRON 37%

and thats only looking at cryptos in the Top 20!

What a day. Love it.

2
Latest News / Zclassic and bitcoin private fork
« on: January 03, 2018, 03:31:12 AM »
A very interesting story...
About 3 weeks ago, Rhett Creighton, the creator of ZClassic, and the other founders of ZClassic announced the intention to release a combination Bitcoin fork / ZClassic fork to be called Bitcoin Private. A call to volunteers by Creighton asked for community support of the upcoming fork. In that post the details of the upcoming fork are detailed. Specifically, the fork will include replay protection so the ZClassic chain will continue to exist and Bitcoin Private will be airdropped to Bitcoin holders on a 1:1 basis and ZCL holders on a 1:1 basis.

Since Bitcoin Private was announced, the price of ZClassic surged from around $2 to over $88 as of now. In this post, we will take a look at the fundamentals behind this surge and discuss the potential of ZClassic and Bitcoin Private.


read more here...
medium.com/@ChrisGilliard/investment-thesis-zclassic-bitcoin-private-51541ec90b8d

3
General Bitcoin Discussion / Richest Bitcoin owners
« on: January 02, 2018, 07:48:14 PM »
Here is a list of the top Bitcoin wallets and the distribution of all Bitcoin balances. It is very interesting data...
Bitcoin distribution
Balance   Addresses   % Addresses (Total)   Coins$USD% Coins (Total)
0 - 0.0011475842654.58% (100%)2,695 BTC40,069,751 USD0.02% (100%)
0.001 - 0.01551951220.41% (45.42%)23,337 BTC346,998,521 USD0.14% (99.98%)
0.01 - 0.1429012615.87% (25%)135,100 BTC2,008,830,168 USD   0.81% (99.84%)
0.1 - 117722196.55% (9.13%)562,244 BTC8,360,102,355 USD   3.35% (99.04%)
1 - 10   548103   2.03% (2.58%)   1,452,014 BTC21,590,268,391 USD8.66% (95.68%)
10 - 1001321250.49% (0.55%)4,361,720 BTC64,855,214,441 USD   26.03% (87.02%)
100 - 1,000   15738   0.06% (0.06%)   3,707,024 BTC   55,120,422,704 USD   22.12% (60.99%)
1,000 - 10,000   1527   0.01% (0.01%)   3,334,785 BTC   49,585,529,400 USD   19.9% (38.87%)
10,000 - 100,000   113   0% (0%)   2,863,878 BTC42,583,537,084 USD   17.09% (18.97%)
100,000 - 1,000,000   2   0% (0%)   315,778 BTC   4,695,366,864 USD   1.88% (1.88%)


And the number of addresses richer than ...
1 USD100 USD1,000 USD10,000 USD   100,000 USD   1,000,000 USD   10,000,000 USD
20,798,416   7,997,293   2,934,774   876,240   185,671   23,395   2,373

Other sources suggest that the number of Bitcoin Billionaires might be as high as 200 or as low as 35.
I am sure they are some very lucky people!!
 

4
Announcements / E-Trade begins CME bitcoin
« on: January 02, 2018, 07:33:49 PM »
Slowly Bitcoin enters the arena of mainstream financial markets...

E-Trade Financial has opened trading in CME bitcoin futures for customers beginning at 6 p.m. ET on Tuesday, according to its website.

It is the latest online brokerage to expand trading in the relatively new products.

Futures exchanges Cboe and CME began offering bitcoin futures in mid-December after a wild run-up in the price of the underlying bitcoin cryptocurrency last year.

Interactive Brokers also rolled out trading in the products last month, and TD Ameritrade and E-Trade began offering customers access to Cboe futures as well.

Cboe Global Markets was the first to offer a bitcoin future followed a week later by CME.

5
Latest News / Why Bitcoin is going up today...
« on: January 02, 2018, 06:54:32 PM »
Here is an article on Vanity Fair that explains the views of Peter Thiel, of the Founders Fund, and why he thinks Bitcoin is undervalued.

vanityfair.com/news/2018/01/trumps-favorite-vc-is-long-bitcoin

and here...
cnbc.com/2018/01/02/bitcoin-rises-after-report-says-early-facebook-investor-peter-thiel-is-buying-massive-amounts.html

6
Latest News / China's largest exchange moving to Japan and S Korea
« on: January 02, 2018, 06:49:29 PM »
posted a few minutes ago...
ccn.com/chinas-largest-bitcoin-exchange-is-reallocating-to-japan-and-south-korea-with-major-bank-deal/

the text is below... VERY interesting...
Huobi, formerly the largest cryptocurrency exchange in the Chinese market prior to the cryptocurrency trading ban imposed by the local government, is reallocating to Japan, the second largest cryptocurrency market in the world.

Huobi Will Move to Japan and South Korea
In late 2017, China’s three major cryptocurrency trading platforms Huobi, OKCoin, and BTCC officially migrated to the Hong Kong bitcoin market, operating over-the-counter (OTC) platforms to address the demand for cryptocurrencies from individual investors in Asia.

Huobi, which rebranded to Huobi Pro to operate in Hong Kong, has started to process large volumes once again along with OKCoin’s Hong Kong exchange OKEx. It also has secured a strategic partnership with SBI Group, one of Japan’s largest financial institutions, to launch a large-scale cryptocurrency trading platform in Japan and South Korea.

“SBI Holdings has reached a basic agreement with Huobi Group (1.65 million accounts, maximum daily transaction volume of over CNY 30 billion (approximately JPY 510 billion), which has a track record of stably operating a major cryptocurrency exchange in China, to explore the following alliances,” the official statement released by SBI Holdings on December 7 read.

The official partnership document further revealed that SBI Group had acquired 30 percent of equity in Huobi’s Japanese venture Huobi Technology Japan Co., Ltd.

“SBI Group’s acquisition of 30% of equity in Huobi Group’s Japanese entity (Huobi Technology Japan Co., Ltd.) and 10% of equity in Huobi Group’s Korean entity (HUOBI CO., Ltd). Huobi Group’s acquisition of 30% of equity in SBI Virtual Currencies, a subsidiary of SBI Holdings.”

The partnership between SBI Holdings and Huobi is particularly noteworthy, as that would prevent any potential conflict between the traders on the Huobi platform and Japanese banks. SBI Holdings is expected to provide the Huobi trading platform with virtual bank accounts and robust banking infrastructure.

The backing of a major financial institution will also significantly help Huobi penetrate into the South Korean cryptocurrency market, given that Japanese and South Korean banks are already collaborating on several cryptocurrency-related projects.

7
RULES - PLEASE READ BEFORE POSTING! / SPONSORED POST - mBitcCasino offer.
« on: January 02, 2018, 06:23:51 PM »
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8
General Discussion / Raiblocks
« on: January 01, 2018, 09:47:23 PM »
I bought this thing the other day at about $9.
Today it is $32.
It is having an amazing climb even though it is relatively untested in the real world.
I dont mind if it keeps going up :-)

The other interesting thing to note is that Raiblocks is only available on two exchanges.
Wonder what will happen when they hit the big time and appear on many other exchanges.

9
General Ethereum Discussion / Ether on the rise again!
« on: January 01, 2018, 09:45:12 PM »
I have no idea why this is suddenly taking off again - any thoughts?

10
Crypto Trading Strategies / Simple Crypto Trading system.
« on: December 31, 2017, 08:47:20 PM »
Buy low.
Sell high.
Be good to your mother.

 ;)

Plan B....
Of course, buy low and sell high works but in the current volatile environment it appears that you would just be better off holding onto your cryptos.
Every time I try to trade I wonder why I didn't just sit back and wait for them to go back up and let the money ride.

I am interested to hear from anyone who is actively trading cryptos on a daily basis.
What sort of margin they are looking at, how successful they are each day... etc..



11
Investment Strategies / The Top 20 System for Crypto investment
« on: December 31, 2017, 08:43:07 PM »
As seen above in the news section, if you had invested $100 on every crypto in the Top 20 on January 1, 2017 and also bought $100 worth of every crypto that moved into the Top 20 during the year, by the 1st of January 2018 your total investment of $3400 would have grown to over $154,000.

So that is my very simple, and profitable, system.
Today I  will  buy $100 of all the Top 20 cryptos.
Every time a new crypto enters the Top 20 during the year I will buy $100 of that as well.
And then I will HOLD them ALL until January 1, 2019.
Let's see if we do as well in 2018 as we did in 2017.

Good luck to you all and happy to hear your thoughts on this brilliant cryptocurrency investment strategy.
 8)

12
Latest News / 2017 in review - more interesting facts
« on: December 31, 2017, 08:39:13 PM »
Only 10 of the top 20 cryptos on January 1, 2017 remained in the top 20 on January 1, 2018.
But, even though many of them slid down the ladder,  they all went up in value, except for the e-dinar coin,  which collapsed into oblivion.
Iconomi slumped from 12th position to be 82nd on Jan 1, 2018 and yet its price increased from 31 cents to $2.66. That is a significant gain for any investor!
DigixDAO also went down the ladder significantly and yet its price leapt from$8.88 up to $160.00 today.

The largest gains were made by those cryptos which were in the top 20 a year ago but their price was under 1 cent.
These were Ripple, NEM, DOGE and Stellar.
Your $100 worth of Ripple became $35,000.
Your $100 worth of NEM became $28,000.
Your $100 worth of DOGE became $4000 and
your $100 worth of Stellar became $14,000.
There is something in the idea of buying pennystocks.
I know what I will looking around to buy next.   :)
Happy New Year everyone.

13
Latest News / 2017 cryptocurrency in Review!
« on: December 31, 2017, 04:16:52 PM »
This is kindly republished with permission from cryptocurrency-bitcoin-investment-tips.com
It is a very interesting look at the year and why you should not panic and sell.


This one is for all the  Drama Queens and Panic Merchants out there.

If you had bought $100 worth of every cryptocurrency in the Top 20 on January the 1st 2017 and then bought $100 of every crypto that moved into the Top 20 during the year and NOT panicked, you would have invested a total of $3,400 and on  January the 1st 2018 that $3,400 would now be worth...

over $154,000

Yes, that is right. Your $3,400 investment would now be $154,000 if all you did was HOLD!

Now, you might think this is all because of Bitcoin but actually the most gains you would have made came from Ripple and your $100 worth of Ripple purchased on January  1, 2017 would now be worth over $35,000!!!!

Of course, how did we know Ripple would go through the roof?

You didn't need to know.

All you had to do was buy Ripple because it was in the Top 20. And it would have been really hard to miss because 12 months ago Ripple was sitting in NUMBER 3 position on the charts!

Were there any big losers, you ask?

Oh yes! Amazingly,  of the 34 cryptos you would have invested in, only 2 lost money over the year but they lost nearly everything!

In January last year something called the e-dinar coin  was sitting in 20th spot and could be bought for 96 cents.

Today, e-dinar coin is just about dead. It is sitting in 415th spot and is worth only 1 cent.

There was also something called Round which popped up during the year and would have cost you 3 cents. Today it is virtually dead and worthless, paying only a very small fraction of a cent.

The biggest winners for the year were Ripple, NEM, Stellar and Lisk. Cardano is well on the way to following in their footsteps.

Happy New Year everyone and don't forget. The moral of the story is HOLD!!!!! Keep your crypto's for a year and the sun will shine.

14
Introduction

Stone will be the first DAG (direct acylic graph) data-structured digital currency with private transactions, allowing instant, fee-less anonymous transaction with high scaling (up to 7,000txs per second) Stone will be forked from the RaiBlocks codebase, whilst the chain is not near completion as it currently stands and it just myself who will be working on the project, i do not offer high quality illustrations & impressive marketing, what i do offer, however is highly scalable, private, instant a fee-less transactions, all on a decentralized network once the project is complete

Work Ethics

What I can promise you

Dedication
Constant updates
a finished product
a quality product delivered in a timely manner

What I cannot promise you

Exchange listings
Price increases
Advertising
False hype
An unfinished product, i always complete a project.


This pre-announcement is merely just the beginning of a long path, the stepping stone for a great advance in an already amazing pre-existing technology. I cannot express enough respect Colin and his innovative idea which has solved the blockchain debacle, a incredible amount of work and dedication has gone it to his project and Stone will never discredit his efforts.

Methodology

I've been experimenting with the idea of using zkSNARKs, similar to the tech used in the ZCash cryptocurrency, this will prove to be a challenge since we are no longer using a blockchain, we are using a DAG.

a very short summary, zkSNARKs have 4 main ingredients:

A) Encoding as a polynomial problem

The program that is to be checked is compiled into a quadratic equation of polynomials: t(x) h(x) = w(x) v(x), where the equality holds if and only if the program is computed correctly. The prover wants to convince the verifier that this equality holds.

B) Succinctness by random sampling

The verifier chooses a secret evaluation point s to reduce the problem from multiplying polynomials and verifying polynomial function equality to simple multiplication and equality check on numbers: t(s)h(s) = w(s)v(s)

This reduces both the proof size and the verification time tremendously.

C) Homomorphic encoding / encryption

An encoding/encryption function E is used that has some homomorphic properties (but is not fully homomorphic, something that is not yet practical). This allows the prover to compute E(t(s)), E(h(s)), E(w(s)), E(v(s)) without knowing s, she only knows E(s) and some other helpful encrypted values.

D) Zero Knowledge

The prover permutes the values E(t(s)), E(h(s)), E(w(s)), E(v(s)) by multiplying with a number so that the verifier can still check their correct structure without knowing the actual encoded values.

The very rough idea is that checking t(s)h(s) = w(s)v(s) is identical to checking t(s)h(s) k = w(s)v(s) k for a random secret number k (which is not zero), with the difference that if you are sent only the numbers (t(s)h(s) k) and (w(s)v(s) k), it is impossible to derive t(s)h(s) or w(s)v(s).

(Christian Reitwiessner 2016)

Distribution

One big question which is still left unanswered, and may be for some time, is distribution, I am unsure of how the coin will be distributed at these early stages, but when the time comes i’m positive the community will assist with an efficient, fair solution.


Whilst I do not wish to run a crowdsale, donations are welcome and will go towards my efforts in development. Donators will be noted in a database & published alongside Stone's main announcement, your assistance will not go unnoticed, depending on the distribution method selected as a community, donators may be included as a portion of distribution, we must first select method of distribution and work from there. For now donations should be treated as exactly that, donations.


Bitcoin:  17rta6cBBcacwbjFuWmrCpaPDN3m4jX6et

RaiBlocks: xrb_3my3e88nzaorkhcbho91seniswjz7ksiu1ddkuuu5ue3q8exiian9ikhja4g

Ethereum: 0x4Ce0650EC058449F8b936733b12E945E443EC1bD

15
FARM- farmcoin.eu

The Future of Mining is here! Contracts are only limited by you. What does it mean? You can mine as long as you want to and then you can sell the FARM contract to somebody who is willing to pay. Or we will buy it back for our recommended price. Our price will be the same as real price of hashing power.

This is uniqe oportunity for ICO investors to get Rewards the same or higher then inicial investment.

Example: Mike brough 1000 FARM in ICO stage for 1000USD.  Mike will get rewards every month paid to his ETH wallet. In 12 months he will get 1000+USD to his ETH wallet. HIS  final balance after 12 months will be 1000FARM($$??) + 1000USD in ETH. ROI max 1 Year in rewards

People that buy FARM in donation phase will pay 0,50USD peer token= ROI 6 months
                                    ICO  phase will pay 1USD peer token= ROI 12months

As we will upgrade hashing power we expect FARM to get more valuable for higher profit.

Your mining power and rewards will be higher.

POW and POS mining

Rewards paid in ETH

Constant hardware upgrades

Donation phase starting 1/1/2018

website: farmcoin.eu
 
Twitter: twitter.com/coin_farm

email: contact@farmcoin.eu

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