1 mbtc to btc - bitcoin.

Top 12 Cryptocurrencies Ranked by Risk-Adjusted Return

TL;DR: The Sharpe Ratio is an excellent tool to assess risk-adjusted return on an investment. 4 cryptocurrencies (Bitcoin, Dash, Monero, and Bitcoin Cash) all have Sharpe Ratio’s over 2, which signals a good investment per risk involved.

The Long Version

How many people have told you that cryptocurrencies are too risky? A fraud? A Ponzi Scheme?
Bitcoin has increased over 1,500% over the last year, but none of this is new. Cryptocurrencies have been on a tear unlike anything we have ever seen…just look at how it compares to the various bubbles of the past:
Full Disclosure: not calling it a bubble…just providing context!
Comparison of Bitcoin to Past Bubbles
But you…you are a savvy investor.
Outsized gains tell us nothing except something increased from a little to alot.

Total Returns are not adjusted for risk

Let’s take the following quiz…one is the right answer, but you won’t be graded for it.
Which of the following investments would you rather be in?
  1. Crypto A started at $1, went to $500, back down to $1, back up to $600
  2. Crypto B started at $1, went to $100, to $300, to $600
Both investments have the same return, but which would you choose?
I’ll give you some ti…oh you already have an answer? You choose #2?
Exactly.
Most investors look at total returns over various timeframes — one-day, one-month, one-year— when evaluating an investment. These returns are misleading since they aren’t adjusted for risk.
Just look at the example above —Crypto A made a massive return on the initial investment, but that does not mean it was a compelling investment opportunity.
“Using volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return.” — Charlie Munger
If only there was a better way…

What is the Sharpe Ratio?

The ELI5 Version of the Sharpe Ratio
The Sharpe ratio is a measure used heavily in the finance world for calculating risk-adjusted returns.
The calculation solves the issue of misleading total returns by taking the average return earned above the risk-free rate per unit of volatility or total risk — an absolute measure of risk.
Investors can directly compare multiple investments and evaluate the amount of risk taken on to generate the same percentage points of return, which makes for a much fairer comparison.
While this does make for a much better comparison, you are smart and know that even though something may have a higher Sharpe Ratio, that does not indicate it is less volatile…the higher ratio actually indicated that the investment risk-to-reward profile is much better or proportional vs. another.
So for this article, I will show you how to implement the Sharpe Ratio in the wonderful world of cryptocurrencies.

Top Cryptocurrencies by Sharpe Ratio

With your new, sweet investment tool, you can calculate the Sharpe Ratios of top cryptocurrencies.
But because I love you (and to save time), I went ahead and did it for you:
Top 12 Cryptocurrencies by Sharpe Ratio
Not surprisingly, Bitcoin ranks as the top risk-adjusted earning cryptocurrency from the top 12. Even though Bitcoin is very volatile, the returns have matched the craziness.
What is interesting to me, is all the way at the bottom — our dear friend NEO, aka the “Chinese Ethereum”. A Sharpe Ratio of 0.03 in an industry of 1s, 2s, 3s, and a 4 is honestly…terrible. But a large portion of this is due to NEO stumbling out of the gate after getting listed on Bitfinex, with returns of -18%, -13%, and -24% in the first 10 days of trading.

My Gift to you — a tool to automatically calculate Sharpe Ratio

A post from me would not be complete without a tool for you to utilize what we just talked about.
The spreadsheet pulls in the top 12 cryptocurrencies from the Bitfinex exchange, and calculates the Sharpe Ratio for each.
The user can modify the risk free rate, calculations, and any of the currencies currently being pulled.
First time install
The tool is nice and simple to use. It requires about 2 minutes to setup, then after that you are good to go.
  1. Make of copy of the worksheet: Click Here
  2. Install the Spreadstreet Google Sheets Add-in
  3. Follow the instructions and log-in to the add-in
  4. Formulas in the sheet should update

RESOURCES

Download the add-in: https://spreadstreet.io/tools/google-sheets-add-in
Help: https://spreadstreet.io/docs
First time install and login:
https://www.youtube.com/watch?v=aLjtPR4T2bg
Bitfinex Candles endpoint help: https://spreadstreet.io/knowledge-base/bitfinex-api-candles-endpoint/

RELATED POSTS

A Super Simple Cryptocurrency Arbitrage Spreadsheet for Finding Mismatched Prices
10 Statistical Price Predictions for 10 Cryptocurrencies
High-Flyers and Shitcoins: What I Learned from Analyzing CoinMarketCap Data in Google Sheets
7 Smart Ethereum Price Prediction Methods for HODL’ers

ABOUT THE AUTHOR

John Young is the founder of Spreadstreet.io, former Financial Analyst for a big-ass company, and runner-up in the 6th grade spelling bee. He would have invested in Google if he knew about it...and had any money.
He is the author of the Spreadstreet blog, which has over 3 readers (not a typo). He hopes to hit 10, but honestly writing is a lot of work.
submitted by 1kexperimentdotcom to CryptoMarkets [link] [comments]

PINCOIN : Scam ICO of the Year 2018

The crypto currency community, investors and other crypto enthusiast get shock to what happen to the project called PINCOIN. An online collaborative consumption platform for global community, based on the foundation of Sharing Economy, Blockchain Technology, and Artificial Intelligence.
The scam happened in Vietnam, where a company named Modern Tech launched its own ICO for their own crypto token called Pincoin.
The Pincoin website(https://pincoin.io/), while expertly made and beautifully presented, offers nothing in the way of clarity over precisely what the project is after to. Instead, it is filled with obscure catchphrases such as “The Sharing Economy 2.0” and a YouTube video promising that Pincoin is bringing the future to the masses. Because of this flowery words they attract almost 32,000 investors in their platforms which invest not a small amount!! because the project promises that every investors will or might get an almost 48% monthly return of their initial investments and by this if you carefully analyze their goal it's almost impossibility to make that big returns yet there are so many people who get attracted and risk. Immediately after paying out cash to its investors, Pincoin started paying out those promised returns in a new token called iFan. Then, the company’s seven team members – all Vietnamese nationals – disappeared, leaving only a gaggle of jaded investors outside their former offices.
Modern Tech had said it was only an official representative of both coins in Vietnam, before media reports confirmed its seven Vietnamese executives were in fact the masterminds behind them.
According to local news outlet Viet Bao, the owner of Modern Tech’s office building said the company had moved out a month prior in early March.
Modern Tech left and liquidated a contract about one month ago,” the publication quotes the firm as saying. “No one knows where they are located now.”
Pincoin had been under suspicion online for months. Financial scam directory Behindmlm released an analysis in February 2018 that noted its buy-in method and opaque nature were characteristic of an “ROI ponzi.”
The scheme’s website remains online, along with Ifan’s, which masqueraded as a bridge between celebrities and their fans.
The severity of the alleged scams, both in scale of its operation and the reported losses suffered by victims, has seen the office of Nguyen Xuan Phuc, Vietnam’s Prime Minister, publish a directive ordering the State Bank of Vietnam, the Ministry of Public Securities and other authorities to reinforce and strengthen the management of “activities related to bitcoin and other cryptocurrencies”. A separate statement from Vietnam’s deputy prime minister Vuong Dinh Hue has ordered six governmental ministries to “quickly consider and take down” the scam.
While Vietnam was reported to have been preparing to legalize legitimate cryptocurrencies like bitcoin in mid-2017, the central bank has since enforced laws to prohibit the usage of bitcoin as legal tender in the country.
There are many reviews says that this is like a ponzi scheme coin and really doesn't have a future but why there are so many investors? The reason behind this is the way that the group is promoting their product and how well they design their website having fake information and the high return of the investment people always wants an easy money but they don't know what will happen if you like a fast money. The way of analyzing the project you can tell that it is really too good to be true for its motif this project will be definitely become scam.
The total amount raised by the Pincoin ICO is almost $660 million this amount of money is very huge for all of their core team members. I think they have a lot of money now but the eye of the government and investigators was on them and it will be hard for them to move but up until now there is no result of the finding of the people behind this largest ICO SCAM in the history.
A group of seven Vietnamese nationals are described as the ‘masterminds’ of promoting the alleged scams across Vietnam including Hanoi and Ho Chi Minh, the country’s two biggest cities.
if you want to know more about this you can read through the references below:
https://cointelegraph.com/news/crypto-markets-see-slight-slump-ethereum-fails-to-hold-300-support
https://www.ccn.com/vietnam-investigates-alleged-660-million-ico-fraud-of-pincoin-ifan/
https://themarketmogul.com/pincoin-ico-scam/
If you are a victim of this million dollar ICO scam of the year please let me know your insights toward this.
submitted by Snowangeldevs to citowise [link] [comments]

Top 12 Cryptocurrencies Ranked by Risk-Adjusted Return

TL;DR: The Sharpe Ratio is an excellent tool to assess risk-adjusted return on an investment. 4 cryptocurrencies (Bitcoin, Dash, Monero, and Bitcoin Cash) all have Sharpe Ratio’s over 2, which signals a good investment per risk involved.

The Long Version

How many people have told you that cryptocurrencies are too risky? A fraud? A Ponzi Scheme?
Bitcoin has increased over 1,500% over the last year, but none of this is new. Cryptocurrencies have been on a tear unlike anything we have ever seen…just look at how it compares to the various bubbles of the past:
Full Disclosure: not calling it a bubble…just providing context!
Comparison of Bitcoin to Past Bubbles
But you…you are a savvy investor.
Outsized gains tell us nothing except something increased from a little to alot.

Total Returns are not adjusted for risk

Let’s take the following quiz…one is the right answer, but you won’t be graded for it.
Which of the following investments would you rather be in?
  1. Crypto A started at $1, went to $500, back down to $1, back up to $600
  2. Crypto B started at $1, went to $100, to $300, to $600
Both investments have the same return, but which would you choose?
I’ll give you some ti…oh you already have an answer? You choose #2?
Exactly.
Most investors look at total returns over various timeframes — one-day, one-month, one-year— when evaluating an investment. These returns are misleading since they aren’t adjusted for risk.
Just look at the example above —Crypto A made a massive return on the initial investment, but that does not mean it was a compelling investment opportunity.
“Using volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return.” — Charlie Munger
If only there was a better way…

What is the Sharpe Ratio?

The ELI5 Version of the Sharpe Ratio
The Sharpe ratio is a measure used heavily in the finance world for calculating risk-adjusted returns.
The calculation solves the issue of misleading total returns by taking the average return earned above the risk-free rate per unit of volatility or total risk — an absolute measure of risk.
Investors can directly compare multiple investments and evaluate the amount of risk taken on to generate the same percentage points of return, which makes for a much fairer comparison.
While this does make for a much better comparison, you are smart and know that even though something may have a higher Sharpe Ratio, that does not indicate it is less volatile…the higher ratio actually indicated that the investment risk-to-reward profile is much better or proportional vs. another.
So for this article, I will show you how to implement the Sharpe Ratio in the wonderful world of cryptocurrencies.

Top Cryptocurrencies by Sharpe Ratio

With your new, sweet investment tool, you can calculate the Sharpe Ratios of top cryptocurrencies.
But because I love you (and to save time), I went ahead and did it for you:
Top 12 Cryptocurrencies by Sharpe Ratio
Not surprisingly, Bitcoin ranks as the top risk-adjusted earning cryptocurrency from the top 12. Even though Bitcoin is very volatile, the returns have matched the craziness.
What is interesting to me, is all the way at the bottom — our dear friend NEO, aka the “Chinese Ethereum”. A Sharpe Ratio of 0.03 in an industry of 1s, 2s, 3s, and a 4 is honestly…terrible. But a large portion of this is due to NEO stumbling out of the gate after getting listed on Bitfinex, with returns of -18%, -13%, and -24% in the first 10 days of trading.

My Gift to you — a tool to automatically calculate Sharpe Ratio

A post from me would not be complete without a tool for you to utilize what we just talked about.
The spreadsheet pulls in the top 12 cryptocurrencies from the Bitfinex exchange, and calculates the Sharpe Ratio for each.
The user can modify the risk free rate, calculations, and any of the currencies currently being pulled.
First time install
The tool is nice and simple to use. It requires about 2 minutes to setup, then after that you are good to go.
  1. Make of copy of the worksheet: Click Here
  2. Install the Spreadstreet Google Sheets Add-in
  3. Follow the instructions and log-in to the add-in
  4. Formulas in the sheet should update

RESOURCES

Download the add-in: https://spreadstreet.io/tools/google-sheets-add-in
Help: https://spreadstreet.io/docs
First time install and login:
https://www.youtube.com/watch?v=aLjtPR4T2bg
Bitfinex Candles endpoint help: https://spreadstreet.io/knowledge-base/bitfinex-api-candles-endpoint/

RELATED POSTS

A Super Simple Cryptocurrency Arbitrage Spreadsheet for Finding Mismatched Prices
10 Statistical Price Predictions for 10 Cryptocurrencies
High-Flyers and Shitcoins: What I Learned from Analyzing CoinMarketCap Data in Google Sheets
7 Smart Ethereum Price Prediction Methods for HODL’ers

ABOUT THE AUTHOR

John Young is the founder of Spreadstreet.io, former Financial Analyst for a big-ass company, and runner-up in the 6th grade spelling bee. He would have invested in Google if he knew about it...and had any money.
He is the author of the Spreadstreet blog, which has over 3 readers (not a typo). He hopes to hit 10, but honestly writing is a lot of work.
submitted by 1kexperimentdotcom to CryptoCurrency [link] [comments]

TIL: The latest ponzi scheme - PIPcoin

Well today was interesting. After seeing a ton of people trying to spam their referral links into some of the big Facebook groups we run at work, I decided to investigate a bit more after dinner & a couple of glassses of wine.
Let me introduce you to PIPcoin. (for those like me who missed it when it last came up on the sub)
PIPcoin from the horses mouth
PIPcoin's CEO on SABC
One of his "free" seminars.
Here is a quick recording off their homepage :-(
Pipcoin is Africa’s first P2P Cryptocurrency and is more seen as an emerging digital currency that seeks to revolutionize accessibility and raise awareness about the importance of online trading to the multitudes of both the aspirant traders and those who are completely unaware of the abounding benefits and opportunities offered by the digital market. Thus, for all its worth as a potential life-changing tool, we want Pipcoin to be everybody’s business.
So this is new... lets take a look at their FAQ's because I have many! here are my favourite bits:
What Is The Structure Of A Pipcoin? Pipcoin Concept (for developers) -IF YOU HAVE 0,9999 MICRO-PIPS THEN IT WILL BE ROUNDED OFF TO 1.0000 – MAKING IT 1 PIPCOIN-
lol really? Where does that extra micro tit pip come from?
Why Pipcoin Isnt A Get Rich Quick Scheme Whenever there is a new digital breakthrough it is natural for people to be sceptic, this has been scientifically proven. Even at one stage the internet was said to be a scam, same goes to online trading, they said it won’t last. Same goes to Facebook; they said it’s an information-leaking scam. Same goes again to Bitcoin they said it’s a ‘failed experiment’. Pipcoin is the people’s currency and can never in a scale be compared to ponzi schemes and investment bonanzas; Pipcoin is a friend-to-friend digital currency which has its own crypto keys and public ledger just like any other legit digital currency. Everyone is a host to the currency, every participants’ computers serve as servers to the system and just like forex trading it is a zero-sum game, when you buy the coins there will be someone selling to you.
SkepticalHippoIsSkeptical.jpg
Who Is The Founder Of Pipcoin? However the inception of the idea can be credited to David Schwartz and the inception of the algorithm and mathematics behind to Ref Wayne, a 21 year old South African who is behind the creation of most high-tech forensic software as well as the indicators for financial trading platform (Forex Metatrader), it is without chance that the creation of Pipcoin is water-proof and crack-free.
Aside from the laughable wording, this is perhaps the most interesting part. If you can make it through this interview or this video his story sounds a lot like this "David Schwartz" story here. Excuse the popups but give it a read and obviously the comments at the bottom.
Is Pipcoin Legal? ...After all, there is no authority that can stop anyone from buying and selling a product online.
hahahahahahahahAHAHAha!
Do I Need To Provide Any Id Documents To Join Pipcoin is a cryptocurrency which means it’s completely encrypted, even for its users, it remains completely confidential. You don’t need to submit any documents.
erm... surely this goes against SO many laws in SA?
How Reliable Is This Website In Terms Of Security And Keeping Personal Data And Pipcoins [no ? at the end of these ones for some reason] We pay great attention to security and the confidential information on the website is protected by EV SSL. We don’t divulge any personal data of members to third parties. Your participation too, is strictly confidential.
thats...not really explaining it at all. SSL isnt the be-all and end all - but oh there's another one right below. Im sure that'll clear it up...
Are You Protected From Hackers We have installed power Anti-DDOS protection on our servers and have many other security measures.
well that settles it.
ok ok so whats next?
Some points/gems from their Terms of User PDF [mirror here] (i've never heard that phrase) but looks like something from the lawfirm of Copy, Pasta and Google.
All references to the ‘company,’ ‘us,’ ‘our,’ ‘we’ or ‘Pipchain’ means Pipchain South Africa S.a.r.l., a company registered under the laws of South Africa, with a share capital of EUR 55,222.08, having its registered address at L-2340 South Africa, 1, rue Philippe II, registered with the South Africa Trade and Companies Register under number B 190.078 (Business License number B190078).
I tried to find out if thats real but I couldnt figure out how to do it via the new http://www.cipc.co.za/ site.
Their privacy policy link https://pipchain.com/PrivacyPolicy.pdf 404's
Typos galore eg - " Server failure ordata loss;"
We make no warranty that the Website or the server that makes it available, are free of viruses or errors, that its content is accurate, that it will be uninterrupted, or that defects will be corrected.
wut?!
  1. AGREEMENT TO HOLD PIPCHAIN HARMLESS
wut2
7.2. If you are obligated to indemnify us, we will have the right, in our sole discretion, to control any action or proceeding (at our expense) and determine whether we wish to settle it.
ok...
9.1. You need not use a Pipchain Wallet. If you wish to use the Wallet, you must create a wallet with Pipchain to access the Services (“Wallet”)
I need an adult.
10.5. No Storage or Transmission of Pipcoins. Pipcoins are an intangible, digital asset. They exist only by virtue of the ownership record maintained in the Pipcoin network. The Services do not store, send or receive Pipcoins. Any transfer of title that might occur in any Pipcoins occurs on the decentralized ledger within the Pipcoin network and not within the Services. We do not guarantee that the Service can effect the transfer of title or right in any Pipcoins.
and
10.8. No Cancellations or Modifications. Once transaction details have been submitted to the Pipcoin network via the Services, The Services cannot assist you to cancel or otherwise modify your transaction details. Pipchain has no control over the Pipcoin Network and does not have the ability to facilitate any cancellation or modification requests.
In the SABC interview (linked at the top of this post) the CEO says he took bitcoin and 'modified' it to be safer and so you can track 'stolen or lost' coins. So thats a lie.
  1. DISCONTINUANCE OF SERVICES 15.1. We may, in our sole discretion and without cost to you, with or without prior notice and at any time, modify or discontinue, temporarily or permanently, any portion of our Services. You are solely responsible for storing, outside of the Services, a backup of any Wallet Address and Private Key pair that you maintain in your Wallet.
erm, ok but because PIPcoins can only be traded on their website and not transferred to anything else... how does that work?
17.1.3. Use any robot, spider, crawler, scraper or other automated means or interface not provided by us to access our Services or to extract data; 17.1.4. Use or attempt to use another user’s Wallet without authorization
the enter key is a hard one to find on a laptop I'll give them that one...
---- gets more wine ---
They claim to have a 30-35% growth rate on any and all investments! Crazy returns.
I did a bit of a google on them and immediately found these posts.
Some choice excerpts:
The company has promised that it will soon be issuing a debit card. Promising to issue a debit is an old trick used by fraudulent companies to create a false sense of trust and legitimacy to unsuspecting investors.
and
The transfer of pipcoins is verified by one sources, instead of 3 independent source as is usually the case with legitimate crypto currencies with a blockchain.
and
They also use wording similar to ‘get-rich-quick' scheme lines such as “Pipcoin will create over a 100 millionaires by the end of this financial year”. These are revealing signs of a fraudulent scheme. Moreover, pipcoin is a closed system, you cannot trade with anyone other than randomly chose people registered on the website. Their blockchain is not public or transparent, in fact, they do not have a blockchain and, if they do have one, then it is not operational.
So who's behind it? Who is this Ref dude?
According to his Twitter bio he's "Youngest Billionaire in Africa | Founder of African 1st ever digital currency ! Get a minimum interest of 35% @infopipcoin"
here are some choice images from his public FB:
I tried to register on https://mypipcoins.com/ but there's an ASPX error during the registration process and it kept trying to switch between https and http. Great start. I tried in all major browsers and they all failed so I gave up on trying to signup with my temp email [email protected] :(
So then, lets take a closer look at the support they offer on their site. They've got one of those "live chat" widgets on their site and this evening there was actually someone online :)
I said "hello" and saw "busi has joined the conversation" - sweet.
Here is the transcript I downloaded before they killed the chat. Lucky I insta-clicked the download before they killed my chat session.
As you can see by the chat log, Busi linked me to whats obviously the new 'site' they're launching this weekend https://pipchain.com/
The site looks a lot like the blockchain.info website.
Their market page is awesome compared to blockchain.info's one! its even got a bigger market cap! Note the article links are all the same, except for two small things.
  1. None of the links work...because
  2. they've done a find&replace in the code, replacing all instances of "bitcoin" with "pipcoin" XD
Anyway, I thought I'd try signup on THIS site and lo 'n behold I managed to sign up! [email protected] lives!
Here is PIPcoin's dashboard and here is Blockchain.info's dashboard.
Here is PIPcoins transactions page and here is Blockchain.info's transaction page.
So pretty much a blatant copy/pasta job.
-- final thoughts --
Its unfortunate that the quality of journalism in SA is so weak. PIPcoin getting a lot of media attention for something thats honestly so dodgy, if you looked at it for more than 5 minutes you'd know. Many people are going to fall for this and if you look at the comments on twitter or on his FB posts or on any video calling out the scam you'll shake your head.
Someone (not me) has even put this site together https://www.pipcoin.co/ which is as informative as it is awesome! Click the login and it takes you to "Logging in should be the last thing you should be worried about right now." and the bottom of the site has the best burn ever
"This website was built as a public service announcement by concerned citizens (and shows what a legitimate site should look like"
I did try connect with the 'owner' via twitter to find the source/calculation of the "R40 314 800,00 lost & counting" figure but so far no reply.
Anyway its late and I'm going to bed. I hope you learnt something and if you see anyone in your social circles promoting this please make them aware.
EDIT: Reddit formatting is hard.
EDIT2: Got a reply from the person behind the pipcoin.co site - http://imgur.com/a/995oN which honestly shows the lack of skills the scheme has in the development/security field and now if you rewatch the interviews you can see why he's so scripted when talking about the tech stack.
EDIT3: Sigh. I made a comment on the PIPcoin FB page to warn people about this and this is the response I found this morning - http://imgur.com/a/tFoAy I dont even know what/how to respond...
submitted by Ruach to southafrica [link] [comments]

Cryptocurrencies are in the green as traders digest news the SEC is reviewing its decision to reject the ProShares & Direxion Bitcoin ETF proposal, Fundstrat’s Tom Lee sees Bitcoin trading up with emerging markets in 2H2018

Sources:
https://www.coindesk.com/search-giant-baidu-to-censor-crypto-discussions-on-its-forum-business/ https://www.coindesk.com/upside-calling-bearish-bets-on-bitcoin-futures-hit-record-low/ https://cointelegraph.com/news/fundstrats-tom-lee-correlation-between-btc-and-emerging-markets-is-sign-of-upcoming-trend-reversal https://cointelegraph.com/news/new-york-district-judge-rules-that-cftc-can-permanently-ban-crypto-firm https://bitcoinist.com/defense-distributed-appeal-bitcoin/ https://www.coindesk.com/with-nearly-200-million-on-the-line-eos-is-building-a-voting-system/ https://www.ccn.com/mark-zuckerbergs-sister-signs-on-to-serve-on-huobi-chain-advisory-committee/ https://www.ccn.com/icon-records-23-gain-again-while-crypto-market-sees-gloomy-forecast/ https://www.coindesk.com/india-central-bank-forms-new-unit-to-tackle-blockchain-regulation/ https://www.ccn.com/indias-central-bank-quietly-forms-new-cryptocurrency-blockchain-research-unit/ https://cointelegraph.com/news/japan-it-giant-ntt-data-ministry-of-economy-announce-blockchain-based-platform-for-trade https://www.coindesk.com/nex-infinity-blockchain-cuts-sheds-jobs/ https://bitcoinist.com/iran-central-bank-cryptocurrency-end/ https://bitcoinist.com/as-cryptocurrency-gains-popularity-in-israel-discussions-continue-about-a-crypto-shekel/ https://bitcoinist.com/maltese-prime-minister-fraudulently-impersonated-by-bitcoin-peddlers-on-instagram/ https://bitcoinist.com/reddit-co-founder-is-optimistic-in-spite-of-bitcoin-volatility/ https://news.bitcoin.com/investments-offshores-foreign-trade-russia-planning-for-crypto/ https://btcmanager.com/soluna-bets-big-on-offsetting-bitcoin-energy-consumption/ https://bitcoinist.com/litecoin-charlie-lee-ponzi-scheme-silverbug-youtube https://www.newsbtc.com/2018/08/27/prominent-analyst-bitcoin-is-significantly-healthier-in-2018-than-2014-optimistic/ https://www.coinspeaker.com/2018/08/27/world-first-blockchain-bond-attracted-110-million-of-investments/
submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Subreddit Stats: Bitcoin top posts from 2018-04-16 to 2018-05-16 07:24 PDT

Period: 29.86 days
Submissions Comments
Total 1000 60667
Rate (per day) 33.49 2014.59
Unique Redditors 728 13668
Combined Score 403062 287813

Top Submitters' Top Submissions

  1. 23089 points, 2 submissions: jrs0080
    1. Whoever put this up deserves a medal (22960 points, 320 comments)
    2. It’s Official... 13th December is The Best Day to Own Bitcoin!!!! (129 points, 30 comments)
  2. 22608 points, 10 submissions: bitchari
    1. Value is always in the eyes of the beholder (10970 points, 554 comments)
    2. We did it!! BTC ✌️ (4328 points, 346 comments)
    3. Uncomfortable truths!! (3222 points, 471 comments)
    4. "rat poison" returns!! (1547 points, 239 comments)
    5. Really!! (806 points, 127 comments)
    6. A picture is worth a thousand words! Found this on Twitter (805 points, 88 comments)
    7. German Bank Allows Users To Transfer Loans Anywhere In The World Using Bitcoin "see no bank, hear no bank, speak no bank" is their motto (392 points, 30 comments)
    8. “We need to take a moment and respect this generation’s interest in this new instrument (bitcoin),” CFTC Chairman. https://www.ccn.com/we-need-to-respect-this-generations-interest-in-bitcoin-cftc-chairman/ (328 points, 28 comments)
    9. You may define what Bitcoin is to yourself. You may not define what Bitcoin is to others without their consent. https://t.co/6vVRhoVTZm (113 points, 18 comments)
    10. Bill Gates doesn't like bitcoin. Really?!! He did not believe in the internet either! (97 points, 47 comments)
  3. 14875 points, 2 submissions: ltc-
    1. What a time to be alive! (14748 points, 470 comments)
    2. I modified a thing. (127 points, 22 comments)
  4. 10913 points, 1 submission: InteractiveLedger
    1. This is NOT OK. Upvote for visibility (10913 points, 1557 comments)
  5. 10876 points, 1 submission: PineappleFund
    1. Farewell from the Pineapple Fund (10876 points, 611 comments)
  6. 10387 points, 1 submission: EMC2_trooper
    1. I see it every day. (10387 points, 296 comments)
  7. 9081 points, 1 submission: normcrypto
    1. You knew this was coming... one of my faves last year (9081 points, 128 comments)
  8. 8749 points, 4 submissions: StoneHammers
    1. exceedingly efficient (7945 points, 207 comments)
    2. As I was saying (423 points, 20 comments)
    3. Too Damn High (194 points, 56 comments)
    4. Dear Bitcoin ATM makers please disclose your fees in clear understandable language prominently on the face of your machines. (187 points, 53 comments)
  9. 7663 points, 1 submission: joe4c
    1. Sir this seat is reserved for people with disabilities... (7663 points, 526 comments)
  10. 6865 points, 1 submission: Dark_Dantex
    1. It’s over 9000!!!!!! (6865 points, 429 comments)
  11. 6741 points, 1 submission: Weaselbrott
    1. Everyone on Bitcoin right now waiting to press "submit" on their well-crafted 10K memes (6741 points, 134 comments)
  12. 6553 points, 1 submission: chickenmalaitikka
    1. Rekt (6553 points, 85 comments)
  13. 5352 points, 1 submission: LouisOfTokyo
    1. I took a trip with some friends to a sleepy rural town in Japan, hours outside of Tokyo. We entered a cafe and were surprised to see that they accepted bitcoin. Here is my friend buying a chocolate cake. (5352 points, 303 comments)
  14. 5340 points, 3 submissions: Pascalboyart
    1. Thanks a lot for your bitcoin donations on my street art piece in Paris, already 130$ received 🙏🙏🙏 (3909 points, 178 comments)
    2. Street art piece in Paris with a QR code for bitcoin donations (728 points, 63 comments)
    3. We did it ! Thanks to all the redditors, it came most from you guys 👏🙏🙏🙏 (703 points, 71 comments)
  15. 5118 points, 2 submissions: TipToeTiger
    1. Crypto Rider - A free game I made about racing on Bitcoin and other crypto's historical price graphs! (more info in comments) (5052 points, 309 comments)
    2. Thank You message to bitcoin from Crypto Rider team! (Message in comments) (66 points, 12 comments)
  16. 5021 points, 1 submission: UniqueUsername642
    1. This is Cryptocurrency (5021 points, 372 comments)
  17. 4820 points, 2 submissions: tinaclark90
    1. I've made some free Bitcoin Icons (4731 points, 246 comments)
    2. Very Soon in Vegas (89 points, 15 comments)
  18. 4558 points, 2 submissions: boobooyoudo
    1. Amazon filed a patent to de-anonymize Bitcoin transactions and sell the data to law enforcement (4501 points, 711 comments)
    2. Near Field Technology could help bring lightning Bitcoin payments to retail. (57 points, 7 comments)
  19. 4222 points, 1 submission: sparty_postgrad
    1. The answer on Jeopardy today! (4222 points, 174 comments)
  20. 4209 points, 2 submissions: installeris
    1. 17000000 Bitcoins Have Been Mined! 4 millions to go! Happy anniversary day! (3735 points, 271 comments)
    2. The Irony (474 points, 37 comments)
  21. 3850 points, 1 submission: SingularityNerd
    1. Hilarious satire protest outside Consensus, the website says Genesis Mining put it on. #bankersagainstbitcoin (3850 points, 183 comments)
  22. 3673 points, 1 submission: sebastianstan21
    1. Current scenario (3673 points, 130 comments)
  23. 3632 points, 1 submission: awice
    1. WOW, this just happened on Jeopardy! last night. (3632 points, 363 comments)
  24. 3630 points, 1 submission: -All-Day-
    1. Ayy lmao (3630 points, 60 comments)
  25. 3617 points, 1 submission: JJKirsch
    1. Fake or Fork (3617 points, 354 comments)
  26. 3435 points, 2 submissions: tedand
    1. CoinMarketCap should remove Bitcoin dot com website from Bitcoin's page (3135 points, 200 comments)
    2. Bitcoin.com is first result in Google for "buy Bitcoin", selling "Bitcoin Cash" instead (300 points, 168 comments)
  27. 3429 points, 1 submission: universaleric
    1. Sh..should we get the "it's over 9000" memes ready? (3429 points, 204 comments)
  28. 3404 points, 1 submission: eragmus
    1. Erik Voorhees: “Roger - please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn't. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.” (3404 points, 402 comments)
  29. 3354 points, 7 submissions: ayanamirs
    1. Satoshi Nakamoto about bitcoin.com (2332 points, 327 comments)
    2. Roger Ver is a well-known scammer. (451 points, 129 comments)
    3. Coinbase has become an unreliable and even dangerous service, subject to arbitrary, non-transparent actions as it merged with the US banking sector and started to provide information on its customers to the US government. It has become everything that Bitcoin was designed to stop - @Wikileaks (313 points, 145 comments)
    4. Electrum 3.1.3 release! (96 points, 24 comments)
    5. I'm so glad bitcoin don't have a central man on the top. (71 points, 23 comments)
    6. Fees are low, use this opportunity to Consolidate your small inputs! (58 points, 7 comments)
    7. The segwit adoption doesn't increase anymore. We need to do something. (33 points, 33 comments)
  30. 2819 points, 4 submissions: Mikeross14
    1. Cracks me up everytime (2161 points, 70 comments)
    2. Baby Saver offers to buy this sub (270 points, 270 comments)
    3. Marvel referencing cryptocurrency in one of its latest comics! (261 points, 21 comments)
    4. You want to help Bitcoin but can't code? Do a simple thing then, call out all the scammers and call out everyone who supports these scammers. Make Crypto free from these scums. Simple. (127 points, 37 comments)
  31. 2795 points, 4 submissions: Fly115
    1. Bitcoin.com has fixed it's webpage after lawsuit (1642 points, 572 comments)
    2. Microsoft + Bitcoin Lightning Network. Decentralized Identity proof of concept to be shown off at Consensus 2018. Seems big (721 points, 104 comments)
    3. A major announcement at #consensus2018 that did not seem to get a lot of airtime @LedgerHQ announcing an institutional custody solution in partnership with @Nomura and @GABIjersey. Addresses a major issue for institutional investors (242 points, 16 comments)
    4. Segwit Adoption - Steady growth to 35% (190 points, 70 comments)
  32. 2590 points, 1 submission: dustincrypto
    1. Bitcoin going mainstream in Las Vegas (2590 points, 109 comments)
  33. 2567 points, 3 submissions: edlund10
    1. Nick Szabo retweeted: "⚠️ If you are new to #bitcoin then please be aware that bitcoin .com is a fraudulent website. ⚠️ This website is run by Roger Ver who is a known serial scammer. ⚠️ The current main scam is the promotion of #bcash which is a fake version of bitcoin." (1906 points, 302 comments)
    2. Exactly 5 years ago Wired wrote "The world’s most popular digital currency really is nothing more than an abstraction. So we’re destroying the private key used by our Bitcon wallet." The loss is currently worth $124,453.58 (568 points, 134 comments)
    3. Warren Buffet vs. Bitcoin, 5 years chart, logarithmic scale (93 points, 52 comments)
  34. 2556 points, 1 submission: SchnitzelBoss
    1. Coinmarket cap removed Bitcoin.com from Bitcoin's website list. (2556 points, 159 comments)
  35. 2549 points, 1 submission: bajanboost
    1. CEO of Binance actually gives a f***. This is the exact moment he was introduced to the Bermuda Shorts by the Bermuda Development Agency; A formal dress code in the country (2549 points, 125 comments)
  36. 2518 points, 2 submissions: Bitcoin_21
    1. WikiPedia's Bitcoin page removed the Bitcoin dot com explorer, because it misleads its users. (2083 points, 153 comments)
    2. Please report the bitcoin ,com wallet to the iOS app store for fraud. (435 points, 122 comments)
  37. 2403 points, 1 submission: TomasEddison
    1. Guy on CNBC says $100USD bill is used for far more illicit activity than bitcoin. (2403 points, 183 comments)
  38. 2316 points, 7 submissions: Suberg
    1. 600+ Bitcoin Users Seek Lawsuit Against Bitcoin.com & CEO Roger Ver for Fraud (1094 points, 298 comments)
    2. Bitcoin Lightning Network Matures With Record 2000 Nodes, $150K Capacity, 7000 active channels (500 points, 172 comments)
    3. Bitcoin.com Fraud Lawsuit Group Gaining Steam With Over 1000 Members (322 points, 184 comments)
    4. Tom Lee: Bitcoin Price Increase Coming After Consensus Conference (155 points, 46 comments)
    5. Russia's 'CIA' Memo Admits Telegram Was Blocked Because Crypto Is 'Uncontrollable' (151 points, 13 comments)
    6. Bitcoin Price Historically Surges With Consensus Conference, Data Shows (47 points, 26 comments)
    7. IMF's Lagarde: Bitcoin 'Could Have a Significant Impact on How We Save' (47 points, 11 comments)
  39. 2274 points, 9 submissions: TheGreatMuffin
    1. The CEO of Binance, a company with $200M yearly revenue, at a press conference (810 points, 103 comments)
    2. Goldman Sachs to Open a Bitcoin Trading Operation - NYTimes (498 points, 54 comments)
    3. Kraken's response to the NYAG enquiry (413 points, 117 comments)
    4. Jameson Lopp: "Today I've learned that a lot of data sources are incorrectly reporting the total bitcoin supply. We haven't actually hit 17M BTC yet; you can follow along in realtime at [link]" (141 points, 23 comments)
    5. Bitcoin was the 9th most viewed Wikipedia article in 2017, coming in just behind the entry for the United States. (h/t @lopp) (120 points, 18 comments)
    6. Samourai and goTenna Enable Bitcoin Transactions Without Internet Access (100 points, 16 comments)
    7. A German online bank uses Bitcoins to transfer loans (93 points, 35 comments)
    8. Huawei Is About to Give Chinese Users Easier Access to Bitcoin (62 points, 14 comments)
    9. Bitcoin Threat Model - extensive security review of possible threats to bitcoin as cryptocurrency (by JW Weatherman) (37 points, 11 comments)
  40. 2225 points, 1 submission: awesomedan77
    1. WARNING: HitBTC stole 5Btc deposit, even after I provided everything they asked for 2+ months! (2225 points, 486 comments)
  41. 2170 points, 1 submission: ronnnumber
    1. 45% of investors... (2170 points, 227 comments)
  42. 2041 points, 1 submission: YnotHaTony
    1. Truth about Bitcoin mining (2041 points, 136 comments)
  43. 2017 points, 9 submissions: Miladran
    1. Nasdaq is open to becoming cryptocurrency exchange, CEO says (966 points, 104 comments)
    2. BREAKING: Coinbase Just Bought One of Bitcoin's Biggest Startups (278 points, 103 comments)
    3. Bitcoin buy orders are >90% of the market for the first time since March 2017 (176 points, 28 comments)
    4. Telegram CEO Is Using Bitcoin to Help Bypass Russia's App Ban (173 points, 11 comments)
    5. Sell gold, buy bitcoin? The ultimate global safe haven debate has begun (128 points, 56 comments)
    6. Lambos are coming (117 points, 53 comments)
    7. Bitcoin gets boost from IMF head (71 points, 7 comments)
    8. Is PayPal driving people towards Bitcoin? (60 points, 83 comments)
    9. NASDAQ-Powered Cryptocurrency Exchange Platform to Launch in June (48 points, 9 comments)
  44. 1997 points, 1 submission: trainrekt23
    1. Found this today on the campus of my uni (1997 points, 225 comments)
  45. 1991 points, 1 submission: kynek99
    1. Here is the bitcoin.com owner who created Bitcoin Cash to scam people and show real Bitcoiners a middle finger. (1991 points, 408 comments)
  46. 1847 points, 1 submission: sha256art
    1. Fasten your seat belts (1847 points, 107 comments)
  47. 1822 points, 1 submission: 127fascination
    1. Australia Bans Cash For All Purchases Over $10,000 Starting July Of 2019 (1822 points, 531 comments)
  48. 1788 points, 5 submissions: coinmoon_com
    1. ‘Bitcoin’ was the 9th most read article on Wikipedia in 2017. Lets make it number 1 this year. Spread the word! (632 points, 35 comments)
    2. Bitcoin has worked non stop for 9 years. Without any days off, scheduled maintenance or severe issues. Let that sink in for a minute. (599 points, 226 comments)
    3. FORBES: Gold used to be money, and it was great money for its times. But Bitcoin's now the new flight capital. (286 points, 37 comments)
    4. 15 Claims Against Lightning, Answered (164 points, 12 comments)
    5. Bitcoin could replace cash in 10 years - Business Insider (107 points, 59 comments)
  49. 1694 points, 1 submission: BitMarKas
    1. New Ledger features! (1694 points, 42 comments)
  50. 1635 points, 6 submissions: _smudger_
    1. Today the 17th Million bitcoin will be mined (1070 points, 130 comments)
    2. Bitcoin to hit $50,000 by year-end, says BitMex CEO (158 points, 92 comments)
    3. Lightning + NFC? The New Plan to Bring Bitcoin to Retail (152 points, 45 comments)
    4. Vaultoro Becomes The First Exchange To Implement Bitcoin Lightning Network Payments (116 points, 6 comments)
    5. How to build your own portable plug-in Lightning node! (95 points, 5 comments)
    6. Bitcoin’s Recent Institutional Demand Is Unprecedented, Says Futures Market CEO (44 points, 6 comments)
  51. 1581 points, 1 submission: CoolStoryBroLol
    1. Bitcoin accepted at my dentist's office (1581 points, 210 comments)
  52. 1524 points, 1 submission: paintedfrog
    1. Found a helpful infographic. Could be handy to respond with this when people forget what Bitcoin is called... (1524 points, 294 comments)
  53. 1504 points, 1 submission: NikolaosKost
    1. Lawsuit from over 600 Bitcoin Users against Bitcoin.com and CEO Roger Ver (1504 points, 338 comments)
  54. 1497 points, 1 submission: 3hrdrive
    1. In Australia there is currently an investigation into banks and their practices, and the results are frightening (1497 points, 124 comments)
  55. 1423 points, 4 submissions: chek2fire
    1. Everyone must report this Bitcoin mobile wallet asap.Is a fraud (554 points, 174 comments)
    2. Roger Ver and Bitcoin.com do a social attacks to Bitcoin (506 points, 313 comments)
    3. Blockchain.info. 8 months and still no segwit support. They are more lazy than sub-saharan public sector (288 points, 58 comments)
    4. They said: "Segwit is not a scaling solution".... (75 points, 59 comments)
  56. 1420 points, 10 submissions: DesignerAccount
    1. Witness the future: Paying for coffee with LN in real life - Brisbane Airport (377 points, 144 comments)
    2. Bitcoin transaction fees in sat/b have not been so low since 2011!!! (173 points, 65 comments)
    3. PSA: Stop spelling the Bitcoin fraudulent site correctly - It only helps them as search engines pick it up. Use: bitcoin,com | bitcoin .com | bitcoin (.) com | bitcoindotcom | ... (153 points, 52 comments)
    4. "The bitlicense is a creature so foul, so cruel that not even Kraken possesses the courage or strength to face its nasty, big, pointy teeth." --- Kraken CEO: Exchange Won't Answer New York AG's Inquiry (141 points, 11 comments)
    5. Ready for work. (140 points, 69 comments)
    6. World Debt Hits Record $164 Trillion <-- That's WHY bitcoin. (133 points, 121 comments)
    7. Goldman Hires Head Cryptocurrency Trader (99 points, 4 comments)
    8. Chilean Anti-Monopoly Court Orders Banks To Re-Open Crypto Exchange’s Accounts (71 points, 3 comments)
    9. Hilarious: Lighting TESTNET app renamed Bitcoin Cash TESTNET!! (68 points, 23 comments)
    10. UNICEF Is Mining Crypto to Raise Funds for Children (65 points, 6 comments)
  57. 1381 points, 1 submission: girlpearl
    1. At the Gramatik show last night in Boston (1381 points, 63 comments)
  58. 1358 points, 3 submissions: zappadoing
    1. someone put a BTC-symbol on to the swiss federal bank! (1212 points, 84 comments)
    2. Bitcoin boosted as IMF boss Christine Lagarde praises cryptocurrency and suggests it could transform the way people save and invest (101 points, 8 comments)
    3. The Zurich bakery where you can't pay with cash (but bitcoins are fine) (45 points, 9 comments)
  59. 1337 points, 8 submissions: frankreddit5
    1. My daughter just informed me that someone told her "#Bitcoin is a worthless scheme" & that the US dollar has, quote, "one 'brick' of gold in a vault for every dollar there is."..There's so many things wrong with both of these statements that all I can do is sit here and facepalm (582 points, 184 comments)
    2. Here's my Bitcoin Starry Night art on Canvas! (250 points, 26 comments)
    3. I think it turned out sick! (whitepaper on metal) (122 points, 22 comments)
    4. It's funny to me when people say that #Bitcoin is a ponzi scheme or a bubble. The real ponzi scheme is the money system created by the Federal Reserve. And that's the real bubble, too. It's time for monetary reform; it's time for people to take back what is theirs. #BuyBitcoin (118 points, 39 comments)
    5. Argentina raises interest rates to 40% (80 points, 52 comments)
    6. my Satoshi Whitepaper art on 3/4" thick birch wood, treated with a high-gloss coating. (73 points, 16 comments)
    7. my Bitcoin Phoenix artwork (on metal) (70 points, 12 comments)
    8. my Bitcoin Astronaut art presented on a metal panel. It looks almost like an LCD TV in person! Image in comments. (42 points, 9 comments)
  60. 1200 points, 4 submissions: hodlerenfin
    1. Starting tomorrow Monday April 23, 2018 I will ask everywhere I spend my fiat, if they take Bitcoin even if I know they don’t. (609 points, 234 comments)
    2. Sad day today will be the last day we’ll see bitcoin below 9k.🙃 (275 points, 170 comments)
    3. Charlie Shrem on Twitter (162 points, 56 comments)
    4. I think at least everyday, wherever we spend fiat we should ask if they take Bitcoin. Even if we know they don’t. (154 points, 60 comments)
  61. 1196 points, 5 submissions: LegendsRoom
    1. Bitcoin dethroning Gold as a store of value. (349 points, 116 comments)
    2. Remember! with Banks, "only deposit what you can afford to lose!" (287 points, 121 comments)
    3. Remember! with Banks, "only deposit what you can afford to lose!" (287 points, 130 comments)
    4. Banking panic and chaos in UK, as customers locked out of accounts for 5 days running.. (155 points, 44 comments)
    5. UK Bank crippled, as customers panic, accounts emptied. (118 points, 41 comments)

Top Commenters

  1. TheBoyChris (2416 points, 4 comments)
  2. HODLTID (1954 points, 6 comments)
  3. Marcion_Sinope (1679 points, 303 comments)
  4. CONTROLurKEYS (1626 points, 204 comments)
  5. SuperGoxxer (1542 points, 284 comments)
  6. gonzobon (1428 points, 41 comments)
  7. technicallycorrect2 (1322 points, 29 comments)
  8. gbitg (1314 points, 4 comments)
  9. Bipolar_Chihuahua (1279 points, 3 comments)
  10. conv3rsion (1275 points, 1 comment)
  11. GolferRama (1167 points, 164 comments)
  12. HeyZeusChrist (1098 points, 51 comments)
  13. BCashBCashBTrash (1094 points, 381 comments)
  14. WhyDontYouTryIt (1019 points, 401 comments)
  15. jagan1355 (1016 points, 7 comments)
  16. HelloImRich (973 points, 50 comments)
  17. TheGreatMuffin (955 points, 141 comments)
  18. LegendsRoom (906 points, 59 comments)
  19. Kalin101 (859 points, 59 comments)
  20. Hanspanzer (845 points, 317 comments)
  21. TipToeTiger (797 points, 57 comments)
  22. themonkier (782 points, 16 comments)
  23. ducksauce88 (779 points, 179 comments)
  24. EMC2_trooper (762 points, 23 comments)
  25. Cryptolution (756 points, 223 comments)
  26. Timeforadrinkorthree (751 points, 3 comments)
  27. tranceology3 (750 points, 132 comments)
  28. biologischeavocado (741 points, 52 comments)
  29. MuD_D (740 points, 1 comment)
  30. BitcoinAlways (732 points, 286 comments)
  31. Explodicle (716 points, 246 comments)
  32. fenstabeemie (715 points, 1 comment)
  33. harreh (709 points, 1 comment)
  34. BashCo (669 points, 81 comments)
  35. zomgitsduke (654 points, 92 comments)
  36. bluethunder1985 (643 points, 124 comments)
  37. dontshillmexrp (643 points, 3 comments)
  38. jakesonwu (641 points, 90 comments)
  39. bitsteiner (639 points, 148 comments)
  40. eintnohick (627 points, 4 comments)
  41. devonthed00d (624 points, 8 comments)
  42. bitmaincash (623 points, 114 comments)
  43. fomotheclown (623 points, 114 comments)
  44. Black_RL (620 points, 15 comments)
  45. castorfromtheva (619 points, 24 comments)
  46. hsjoberg (612 points, 18 comments)
  47. pepe_le_shoe (602 points, 196 comments)
  48. a33b (602 points, 1 comment)
  49. inchhigh314 (597 points, 28 comments)
  50. Bitcoin_21 (577 points, 100 comments)
  51. Cykablast3r (571 points, 10 comments)
  52. bitusher (567 points, 87 comments)
  53. mustbemoney (564 points, 63 comments)
  54. typtyphus (562 points, 105 comments)
  55. gta3uzi (556 points, 145 comments)
  56. StopAndDecrypt (544 points, 80 comments)
  57. bossman-CT (542 points, 1 comment)
  58. IceColdInferno (534 points, 1 comment)
  59. outofofficeagain (532 points, 85 comments)
  60. fruitlessbanana (531 points, 9 comments)
  61. harrapino (526 points, 1 comment)
  62. suninabox (522 points, 159 comments)
  63. NimbleBodhi (511 points, 27 comments)
  64. pilotavery (508 points, 172 comments)
  65. Let_It_Steep (508 points, 5 comments)
  66. DeucesCracked (504 points, 71 comments)
  67. SpoekplumpeN (502 points, 142 comments)
  68. MrRGnome (498 points, 68 comments)
  69. Kanye_B_redpillin (497 points, 9 comments)
  70. robinwindy (495 points, 259 comments)
  71. absurdparadox (485 points, 8 comments)
  72. Iruwen (469 points, 57 comments)
  73. Bitcoin_Acolyte (459 points, 32 comments)
  74. ToddVonToddson (458 points, 1 comment)
  75. crptdv (450 points, 10 comments)
  76. djLyfeAlert (447 points, 83 comments)
  77. BucketSnail (443 points, 1 comment)
  78. BenTG (435 points, 5 comments)
  79. Mikeross14 (431 points, 39 comments)
  80. Utoko (429 points, 112 comments)
  81. LouisOfTokyo (428 points, 13 comments)
  82. pwuille (418 points, 17 comments)
  83. DartmouthBG (416 points, 26 comments)
  84. Natanael_L (411 points, 23 comments)
  85. flipsfordayz (410 points, 11 comments)
  86. raumi75 (408 points, 25 comments)
  87. boxhit (402 points, 27 comments)
  88. bluepuma90 (400 points, 3 comments)
  89. StoneHammers (391 points, 35 comments)
  90. AussieBitcoiner (390 points, 28 comments)
  91. TheRedStoner (385 points, 36 comments)
  92. 127fascination (384 points, 5 comments)
  93. PineappleFund (383 points, 4 comments)
  94. The-Physicist (382 points, 153 comments)
  95. BcashLoL (382 points, 137 comments)
  96. ketefocko (379 points, 1 comment)
  97. ThisIsABeginning (376 points, 22 comments)
  98. randiwulf (375 points, 6 comments)
  99. SpaceDuckTech (374 points, 66 comments)
  100. cdecker (373 points, 39 comments)

Top Submissions

  1. Whoever put this up deserves a medal by jrs0080 (22960 points, 320 comments)
  2. What a time to be alive! by ltc- (14748 points, 470 comments)
  3. Value is always in the eyes of the beholder by bitchari (10970 points, 554 comments)
  4. This is NOT OK. Upvote for visibility by InteractiveLedger (10913 points, 1557 comments)
  5. Farewell from the Pineapple Fund by PineappleFund (10876 points, 611 comments)
  6. I see it every day. by EMC2_trooper (10387 points, 296 comments)
  7. You knew this was coming... one of my faves last year by normcrypto (9081 points, 128 comments)
  8. exceedingly efficient by StoneHammers (7945 points, 207 comments)
  9. Sir this seat is reserved for people with disabilities... by joe4c (7663 points, 526 comments)
  10. It’s over 9000!!!!!! by Dark_Dantex (6865 points, 429 comments)

Top Comments

  1. 2313 points: TheBoyChris's comment in This is NOT OK. Upvote for visibility
  2. 1951 points: HODLTID's comment in Whoever put this up deserves a medal
  3. 1309 points: gbitg's comment in Value is always in the eyes of the beholder
  4. 1275 points: conv3rsion's comment in Farewell from the Pineapple Fund
  5. 1220 points: technicallycorrect2's comment in Amazon filed a patent to de-anonymize Bitcoin transactions and sell the data to law enforcement
  6. 1219 points: Bipolar_Chihuahua's comment in This is NOT OK. Upvote for visibility
  7. 1014 points: gonzobon's comment in exceedingly efficient
  8. 987 points: jagan1355's comment in This is NOT OK. Upvote for visibility
  9. 740 points: MuD_D's comment in The answer on Jeopardy today!
  10. 715 points: fenstabeemie's comment in Truth about Bitcoin mining
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]

[Marketing] How we can appeal to the masses!

Hey guys, so we've obviously had an recent debacle occur in the community but the fact of the matter remains that Vertcoin is seeing faster levels of growth. We've been accepted on Mintpal, were seeing higher volumes exchanged and the community is starting to blossom. The currency itself is beginning to mature, and the recent press release I think shows that we can still do a lot to help inform people of what we are doing. What is important now is that we continue to innovate and ensure the upward trend we are currently experiencing. How can this be done? There needs to be a shift in terms of the marketing of this currency from one which is focused on developers and 'tech-savvy' people to one which understands the needs and aspirations of the general public.
Before I delve into some of my ideas, as Jay Z would say, "Allow me to reintroduce myself". I am someone who had been interested in technology from an early age and who has relatively in depth knowledge about computing and technology. I'm an economics student currently working as a designer for my University while also studying there. I'm also getting involved with a number of different non-crypto related startups. I've been active in the world of cryptocurrency from the beginning of this year but I've heard about it for a number of years, just never made the jump due to a lack of workable knowledge and technical barriers. Starting with a relatively large investment in Bitcoin, I split my portfolio into Litecoin initially, then progressing to Vertcoin soon after its inception. What drew me to this currency in particular was the clear focus from the developers on the long term sustainability of the coin. As someone who entered the arena relatively late and who may have got swept up by some unsubstantiated hype (Coinye anyone?) what I wanted was a currency which had a clear direction in terms of the future. Innovations such as the ACIS resistance and merge mining are examples of the attempts to strive for longevity.
In terms of branding I believe there is something here which potentially could be made mass marketable. From the name, to the logo and then the general styling, its clear that this is a currency that as well as leading innovation, is taking its branding seriously. That is something which is needed for widespread adoption.
You're probably wondering, then, why I am bringing the branding into question. It is not the brand in itself I see issue in, its who exactly is being marketed to. I'll give an example.
On our main website there are a number of videos which aim to help explain exactly what our currency is and why it should be used. The aim of which is to draw people to using our currency over others. What should be observed here is the target audience for these videos. In both, technical aspects are discussed as benefits to using the coin. ACIS resistance, Decentralisation, handling fees, mining etc. These are all valid points. The problem with this is the fact that, to the average consumer, you might as well be speaking gibberish. The average person does not know what mining is, what ACIS's are or what the benefits of decentralisation are. It's likely they don't understand or even care about these aspects. If you are attracting someone who has a technical background and who had already dipped their toes into the crypto waters so to speak, then they are likely to understand these benefits, which is why when ACIS starts to hurt other script coins there will be a transition of those people potentially to us. What problem do I have with this? None. It's simply a matter of whether you are looking to expand your standing within the community or appeal to a larger audience. Appeal to a larger audience and you increase your appeal within the crypto community. The key issue is that this cannot work the other way.
There need's to be a split of targeted marketing to those who have a technical background and to those who don't. This is something that is not witnessed often in this community, but there is one notable example I'm sure everyone's aware of. Dogecoin is doing incredibly well for a currency which was built atop a joke. Is there any real innovation there? Probably not technically, and yet they have been plastered across media. Why? Because they appeal to the mass market rather than a small minority of the technical elite. Just look at their intro video! It's a dog on a rocket. There isn't a single mention of any technical aspect In many ways its most likely inferior to our own and yet I've had people approach me to inform them of how to buy some. It may sound harsh, but when you market something you have to appeal to the lowest common denominator. In that sense you can then work your way up and you appeal to everyone.
So what can we do? I am not saying that we need to go down the playful route in terms of what Doge is going. In the long run how can anyone take a currency seriously thats supposed to be a joke? However what I believe needs to be done is putting a larger focus on the consumer benefits and not just the technical.
All of this can be communicated in a simple animations. I would suggest creating two videos, one to act as an advert to encourage and excite people to find out more and the other walking the user through the initial steps of downloading the wallet and the basic concepts of crypto currencies in layman terms. The latter I would suggest not hosting on youtube but directly on the website to then allow the user to click and download the wallet.
[Sidenote - Any advertising done by the community needs to be shown to be a community effort, otherwise it looks like a Ponzi scheme. This can be done with a message like (This ad was sponsored by the community on reddit) or something like that]
Imagine now that I am an average joe. I am interested in joining the community. These are some of the questions I may have and perhaps the solutions:
What can I spend my Money on? No matter how much innovation you can claim to have with your decentralised currency, this is perhaps THE MOST IMPORTANT POINT. Everything else is irrelevant if you are unable to spend your money on anything. And this is perhaps the biggest problem for crypto currencies today; People just have no idea where they can spend money. Though some of you may notice there are some stores on the sidebar, but a new user is unlikely to find this place in the first place, and it's not exactly prominent there anyway. So whats the easiest way to market places to which people can spend their hard earned vert? The wallet. Personally I think the entire interface is being underutilised. That, ladies and gentlemen, is the face of your currency. It is the first thing people will see. And what will they see? 0 vert, 0 transactions and a logo. And then there just expected to know what to do. What I would propose is to have a tab perhaps labeled 'Marketplace' which features prominent online retailers which accept vert for a number of goods. That immediately solves the problem. It shows that there are things to buy with your currency, encourages spending so it is not a purely speculative currency (which is not healthy in the long run) and displays an active community to first timers. Not only that but it could act as a source of income for the foundation as you could allow businesses to bid for a more prominent placement in this tab, which could then help with further marketing.
[As a sidenote, the wallets GUI needs to be updated anyway. How can anyone believe this is a currency for the future when it looks like something from windows 98?]
How do I Get Money? Vertcoin faucets exist. As a newcomer you're likely to be unaware of this. They are incredibly useful as it allows for someone to play around with the idea of sending virtual money around. This could be integrated directly into the wallet as so when a user signs up, they are offered the opportunity on the spot to receive free coins. What could be better than that? Then encouraging them through social media to send money to friends as a sort of referral system in which both parties then get more money. That way you can spread quickly through social links.
[Another sidenote, someone needs to work on a Twitter Vertcoin Bot. That's free promotion for the community right there. It's all fun and games here on Reddit but normal users are more likely to be on Twitter, so it makes sense to capitalize on that market]
You could also implement a similar system with the advertising and allow trusted exchanges to offer their services. One of the big problems with people coming in is that they have no idea how to get the currency in the first place, putting them off. This would solve that issue.
What If I Need Help? Which leads me to my next point; the integration of the community in the wallet itself. If I use a bank, if i need help I can call them, visit a branch and talk to a manager. With virtual currencies more often than not your left to your own devices. Cryptocurrencies are scary enough, it's even more terrifying to not have someone hold your hand through it. Why not have another tab within the wallet which links to reddit, help guides, FAQ's and stuff like that? Why not have a tutorial within the wallet which guides the user to make their first transaction? It immediately lowers the technical barriers and thus allows for further engagement.
How Do I Mine? Integration of a one click mining button into the wallet. Helps with decentralisation and could solve your P2Pool problem. It could be made incredibly user friendly, with a GUI and the ability to scroll and select through a list of P2Pools.
I think the basic premise of these ideas is that the wallet shouldn't be seen only as the thing that we use to make transactions, but instead act as the 'Bank' for individuals and HUB for services.
[EDIT] In conclusion here's a summary of my ideas:
  1. Greater focus on first time consumers rather than the crypto community
  2. Create 2 Adverts, One which focuses on advertising the brand (commercial like), and another which focuses on simple technical aspects and initial setup of wallet for the website
  3. Creation of a Twitter Tip Bot
  4. Marketplace' Tab included in the wallet
  5. Mining Tab included in the wallet
  6. Integration of Faucet to wallet
  7. Offer free vert bonuses for sharing links to Vert Promotional Material on social media
  8. Tutorial in wallet to walk through first transaction
I'll be updating this later as I have more ideas but this has taken me half a day already and I'm forgetting things. If people are interested I could potentially do mockups for my vision for the wallet, but I'll leave that for another day :)
[EDIT 2] I'll be designing mockups for the wallet next week Tuesday so keep an eye out for that! Also if anyone wants to see an example in terms of branding the sort of thing we should be aiming for, checkout ReddCoin, the branding for this coin is amazing
submitted by Nitrous94 to vertcoin [link] [comments]

The need for Reliable news in the fastest markets on the planet

Few spaces are seeing the rapid expansion of interest and inquiry as that for cryptocurrencies and blockchain technology. Over the past ten days, money has been flowing into the cryptocurrency market at an unprecedented rate, cryptocurrency-related terms have been trending on Google, and Coinbase has been one of the more popular apps downloaded. The increase in demand for cryptocurrencies brings an increase in demand for informational resources on blockchain technology and the various aspects of investing in it. Just as multiple exchanges were poorly prepared for the recent influx of new users and crashed, the supply of high-quality, unbiased sources for news, market analysis, and explanation of technologies has been outpaced by the rapid growth in demand.
Websites are often the first resource reached by those looking to learn more about Bitcoin, Ethereum, and blockchain technology. However, a Google search for “cryptocurrency news” only brings up three websites dedicated to cryptocurrency news on the first page. While other sites covering that topic exist, they have not been able to effectively market themselves to ensure visibility. Three websites are far too few for the coming technological and economic revolution, especially if they are owned by investors of high net worth with stakes in various cryptocurrencies. Individual greed combined with lack of competition incentivizes covert bias throughout all material published on the site. While such websites are not subject to the same levels of accusations of bias received by influential individuals, they are not immune; for example, CoinDesk has been accused of censoring comments on their articles. How does one decide whether to trust CoinDesk or those who criticize it?
While websites may be the portal through which early adopters enter the realm of cryptocurrencies to research the technology and investment strategies, mainstream adoption will rely more on multimedia to facilitate the learning process.
Where you shouldn’t be getting news from Hundreds of individuals have posted videos covering cryptocurrencies on YouTube. However, even the broadcasters with substantial numbers of subscribers are prone to criticisms. The more charismatic and entertaining YouTubers often appear to be shilling coins in which they are heavily invested, the most notorious example being Craig Grant and his promotion of BitConnect, a cryptocurrency widely known as a Ponzi scheme in the community. Jerry Banfield, while exceedingly energetic, shamelessly promotes Steem, which he claims he has chosen as his sole cryptocurrency investment. Meanwhile, countless self-proclaimed cryptocurrency “experts” have the medium through which they can deliver bad advice. YouTuber Tyler Swope of Chico Crypto Consultants promoted well-known scam Confido less than two weeks before it tanked. While evidence of it being a scam was present prior to his video, apparently he did not find it. Whether these broadcasters can be trusted or not is questioned frequently being asked by their audiences. In the end, individuals cannot provide the same level of quality as an organization can. Even the strongest cryptocurrency YouTubers could benefit from collaborating with others as part of something bigger.
Where you should be getting news from Cryptocurrency news and investment advice is best compiled and delivered through a group of people or organization to avoid the pitfalls facing individuals, as well as to best cover and assess the plethora of information out there. The number of cryptocurrencies has more than doubled in the past year, and the space will continue to experience expansion at an exponential rate as mainstream adoption progresses. The number one piece of investment advice prescribed by those in the space is “do your own research.” However, another oft-advised practice is to diversify. Ameer Rosic, one of the most trusted individual YouTubers out there, advocates spending roughly 40 hours reviewing a whitepaper as one step in the decision process to invest in a cryptocurrency. However, diversifying becomes difficult for the average person if every single investment requires 40+ hours of research. Investors are in dire need of an organization they can trust to do proper research and present an unbiased assessment of the various cryptocurrencies out there.
CryptoSphere News hopes to fix this problem. As the cryptocurrency markets continue to gain in popularity around the globe, investing in them remains very ‘underground’. There is no current existing go to news source for high-end investors. Rarely can a brand new investor in the crypto-space even learn about the safest wallets to use, let alone which coin offers the highest return. Often times, investors go as far as to hire cryptocurrency experts to give them investing advice. But CSN is a promising new project that aims to be the leader in providing truthful, unbiased cryptocurrency market news for investors, CSN will be the first completely independent news source, for the emerging blockchain industries. CSN will be the first news source to provide investigative reporting on cryptocurrency topics; such as uncovering potential scams, reporting on the future of projects, interviews with trusted sources, market updates, breakout alerts, hottest upcoming projects, trading tips, general blockchain technology tips, and so much more. CSN’s greatest strength is found in the synergy of collaboration between individuals with varying areas of interest and expertise within the cryptocurrency space. Currently the team is growing everyday and are working hard to be one of the first of the 3rd parties to be approved on SingularDTV’s Tokit platform. The progress is hard but we are very confident CSN will be approved, and end up as one of the most successful companies launched on tokit. Our website is in development and we will begin publishing news articles in the upcoming weeks! Stay tuned! You can follow more about CSN at https://www.twitter.com/CSphereNews
Medium Article: https://medium.com/@CSNews/the-need-for-news-in-the-fastest-markets-on-the-planet-11a3d7705b32
submitted by CSNofficial to CryptoCurrencies [link] [comments]

8-15-19 Bitcoin Laundered $3 Billion Ponzi Scheme. 2019 Silver Survey Is Bitcoin A Ponzi Scheme? Why Bitcoin Is a Ponzi Scheme with David Heinemeier Hansson Is Bitcoin a Pyramid or Ponzi Scheme? Bitcoin Ponzi Scheme PROOF!  Explained in Hindi Urdu - S01E04

1 mbtc to btc - bitcoin. 1 mbtc to btc - bitcoin. How to identify the owner of bitcoin address - quora. Bitgreen sustainable cryptocurrency bitcoin energy. Basketball, volleyball, sports for adults at new york city. Bitcoin price slips into the red as robinhood-fueled rally. Updated info from the 40+ btc hack using teamviewer : bitcoin. Buy Bitcoin, Ethereum, XRP and Litecoin. Global expertise. Our expert team has worked all over the world for top tech and finance companies such as Google, Amazon, Morgan Stanley and Barclays. Ponzi scheme game.. Assurant vehicle protection. Odyne systems. This day in history march 21. Apprelease. Dish ratings. Final cut pro 10. When will canada legalize weed. Litecoin quotes about change tumblr theme. Low price stock. Ponzi scheme game.. Bitcoin price price. Ponzi scheme game.. Engenelc? Frame photos with imikimi app. Ponzi scheme ... Crypto & Forex Ponzi Scheme on the rise amid COVID-19 May 21, 2020 Manish Tripathi Internet usage has seen a surge in Covid19 era, and few scammers would love to take advantage of this situation. Hackers Hijack 30 YouTube Accounts And Impersonate Bill Gates In Ponzi Scheme One of the most popular types of scams that leverage cryptocurrencies as a method of collecting funds from victims is Ponzi schemes that impersonate famous people or companies from the tech industry.

[index] [1267] [13396] [34131] [4852] [17359] [26993] [31182] [19174] [8317] [12586]

8-15-19 Bitcoin Laundered $3 Billion Ponzi Scheme. 2019 Silver Survey

In our latest investigation, Point and Engadget spoke with multiple victims of a bitcoin scam called USI Tech. We decided to track down the people behind it. Watch how it all unfolds in our latest ... Gold and silver steady but wild stock market gyrations this morning. Bitcoin issues. 460 million ounces of silver excess production each year not consumed but hoarded and ready to be dumped back ... Bitcoin has been in existence for all of eight years but a debate is raging in the investing community: Is the cryptocurrency actually useful beyond just bei... It seems like everytime one Bitcoin Ponzi scheme scams away with their investor's money, another one pops up in its place. It's literally like playing a game of Whack-A-Mole. Elderhash follows the ... Why Bitcoin Is a Ponzi Scheme with David Heinemeier Hansson - Duration: 52:52. Make More Marbles Recommended for you. 52:52. The $65-Billion Ponzi scheme, ...

#