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Thread: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

  1. Link to Post #241
    Thailand Avalon Member palehorse's Avatar
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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    I sold some bitcoins months ago, had trouble with the exchange (I dislike them pretty much), but I did, unfortunately couldn't find anyone to trade in person.

    Back in 2016 until 2018 I used to receive payments in Bitcoin and in this period the price was in the range of $650-$20.000, I had it all in one dedicated virtual machine but I had lost the seed phrase because I wrote it in a paper and couldn't remember where it was.. I checked everything to finally find it (do not forget your seed, or you will never recover it), I was kind of surprised I actually had something in the wallet, I used to make small payments and also receiving from some freelance works (but always cashed out straight away), I have hundreds of addresses with dust btc (satoshi), some of these addresses are not even possible to cash out, the mining fee would cost more than the btc balance itself LOL, I will keep it and see where it goes, it is not much, summing up the hundreds addresses it is around $1.1K in the current price, but probably the majority of it would not be possible to cash out (that's what I hate in bitcoin, the steep miner fee locking small amounts in the wallet, the same goes for Ethereum).. but who knows the future, tides change all the time.

    I am thinking to buy some Monero, I have about $50 worth of it and would like to increase this wallet, heard amazing things coming, but I do not know if it is speculation only, people in crypto business tend to be too much optimistic and I do not follow reddit, too much garbage, hard to filtrate.
    Any good intel on Monero?

    Just would like to advice anyone that are thinking in selling their houses or belongings in order to invest in frenzy Bitcoin and the likes, DON'T DO IT PLEASE, a stupid (yeah, stupid in my opinion) ex-colleague from my last work did that actually, he was freaking out with covid lock down also without work and sold his apartment and now he is paying rent and his bitcoin are being hold by an exchange, he became a trader overnight, I hope he won't regret.
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  3. Link to Post #242
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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Quote Posted by palehorse (here)
    I sold some bitcoins months ago, had trouble with the exchange (I dislike them pretty much), but I did, unfortunately couldn't find anyone to trade in person.

    Back in 2016 until 2018 I used to receive payments in Bitcoin and in this period the price was in the range of $650-$20.000, I had it all in one dedicated virtual machine but I had lost the seed phrase because I wrote it in a paper and couldn't remember where it was.. I checked everything to finally find it (do not forget your seed, or you will never recover it), I was kind of surprised I actually had something in the wallet, I used to make small payments and also receiving from some freelance works (but always cashed out straight away), I have hundreds of addresses with dust btc (satoshi), some of these addresses are not even possible to cash out, the mining fee would cost more than the btc balance itself LOL, I will keep it and see where it goes, it is not much, summing up the hundreds addresses it is around $1.1K in the current price, but probably the majority of it would not be possible to cash out (that's what I hate in bitcoin, the steep miner fee locking small amounts in the wallet, the same goes for Ethereum).. but who knows the future, tides change all the time.

    I am thinking to buy some Monero, I have about $50 worth of it and would like to increase this wallet, heard amazing things coming, but I do not know if it is speculation only, people in crypto business tend to be too much optimistic and I do not follow reddit, too much garbage, hard to filtrate.
    Any good intel on Monero?

    Just would like to advice anyone that are thinking in selling their houses or belongings in order to invest in frenzy Bitcoin and the likes, DON'T DO IT PLEASE, a stupid (yeah, stupid in my opinion) ex-colleague from my last work did that actually, he was freaking out with covid lock down also without work and sold his apartment and now he is paying rent and his bitcoin are being hold by an exchange, he became a trader overnight, I hope he won't regret.
    I can second don't sell your house to invest.i had a friend who thought he was the share trading guru.lost everything when the dot.com bubble burst

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  5. Link to Post #243
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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Well Denise I also invest in physical Gold and Silver, which are price-suppressed by the paper-shorting fiat-protectors.

    I quit buying almost all stocks because that market is clearly (to me) in a mania, and I lost big in 2000 in that area.

    As an IT systems engineer, software developer, etc., I came to see value in distributed transactions replacing Banks via disintermediation, and in the engineering elegance of blockchain code.

    Not a trader though - a longterm holder - but one definitely nervous at how much BTC has gone up since I bought it last year, but I feel my major gold/silver investment percentage will hold up if the plug gets pulled on electronic stores of 'wealth' in the near term. (well unless those rumours are true of those metals being created cheaply by suppressed tech in places such as area 51 )

    But for me this has all been about trying to save enough to leave behind the corporate soul-renting system I participated in for decades (and retire from this month after 40+ years!).
    Last edited by mountain_jim; 15th April 2021 at 18:34.
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  7. Link to Post #244
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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Some people do well in Bitcoin by selling their house, their car, everything they own. Check out the Bitcoin family YouTube channel, they’re travelling the world and doing extremely well. But yeah you’ve got to buy the dips at the bottom of the bear market and not FOMO in at the peak of the bull market as so many tend to do. As for Bitcoin not being tangible wealth, I’m sure the teenagers who bought Bitcoin in 2017 and are now driving around Dubai in Ferraris wearing diamonds, gold and ridiculously expensive watches make a good case to prove Bitcoin is more than just an intangible asset. (Most of the people I know who stayed in Bitcoin after the peak of the 2017 bull market are all buying houses now).



    https://twitter.com/sami_loyal/statu...01728333807616


    ~~~~~~~~~~~~~~~~~

    Quote Posted by iota (here)
    thanks Jayke!! i appreciate the advice!! ... oh and what about COIN?

    i grabbed a couple of shares @ $360 so ... OF COURSE it dipped down to $310 ... against my better judgement (which we've already established, is just not that great right now) FOMO got me and i bought in again @ $312

    do you see that as good trading stock right now? or investment for the long haul? or should just stop for now ... sell all except GME tomorrow and and wait til the stars feel more aligned for me?
    Oh no, you got stung! The crypto traders seem to have a bit of a PR image issue, they get tarnished as being a bunch of geeks playing casino with funny, nerd money. I mean that’s the image I always had of them before getting into the space properly. The short time I’ve been involved though I’ve found some of the savviest, most experienced and most successful traders moved into the space years ago and have have been making absolute bank. They were warning about a Coinbase dump on its IPO day. Any stock that’s had pre-emptive investment before it opens to the public is almost garunteed to dump within the first few days.

    Coinbase should be pretty solid moving forward though imo. Not something I’d personally invest in. Just because I’m still stacking my Algorand bag at the minute. Plus I bought shares in a Bitcoin mining company in 2015 which paid out a daily dividend in Bitcoin. Seemed like a great idea at the time, but the minuscule amount of daily Bitcoin mined added up to maybe $2000 at today’s value. Whereas if I’d just bought Bitcoin directly back then, it’d be worth 10 times that by now. No doubt the same thing will happen with Coinbase and Bitcoin. By time $Coin reaches $1000 per share, I’ve no doubt the price of Bitcoin will be closer to $1,000,000.

    In the age of Saturn in Aquarius, the digital economy and financial infrastructure is moving to the cloud (Aquarius being a combination of air and water), Saturn will be in Aquarius for another 3 years, so on an archetypal level at least, we may not have much of a bear market during that time as institutional money continues to build out the cloud based ecosystem. Always plan for the bear market of course, which going off previous Bitcoin cycles is due to peak by this September.

    One of my favourite YouTube channels currently is ‘Conquering the markets’. This guy has a wealth of experience in both traditional stocks and digital assets. Great place to get started in Bitcoin economics.


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  9. Link to Post #245
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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Quote Posted by gord (here)
    A couple of quick searches for +gary+gensler+crypto and +brian+brooks+crypto could turn up some interesting information for people.
    After the SEC and Ripple fiasco, looks like they’re gearing up to make decentralised digital currencies a safe harbour asset.

    https://twitter.com/acoindetective/s...90138487316486

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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    This is an interesting Hbar price prediction from a chart analyst who knows nothing about the Hedera hashgraph project. Making his analysis purely with technical analysis on the price action. He predicts another 10-20 days of consolidation before a parabolic rise to the upside, on the logarithmic chart his price target is $4 with a retracement back down to the $1 range afterwards. I’d be happy with a $1 Hbar by the end of the year, but I may place some sell orders at $4 just incase it does go ballistic. Still won’t be taking profit yet though, just plan on doubling my holdings on the dip.



    Looks like he’s using the parabolic chart technique:


    Curiously, I tried applying this same parabolic chart analysis to the Bitcoin chart and Bitcoin looks like it’s following the same pattern on the logarithmic chart. Currently consolidating at the base 4 level, after doubling in price from $30,000 to $60,000, with a final parabolic blow off top to the $400,000 level. No idea how well these patterns play out for real but with the Sun going conjunct Uranus on April 30th, we could be in for some interesting price action come May.

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  13. Link to Post #247
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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    There’s so much going on with Algorand right now that I haven’t been able to keep up with all the major updates. It’s really starting to pick up steam as the go to blockchain for new defi projects.

    https://twitter.com/ulamlabs/status/1382989720981020672


    https://twitter.com/ulamlabs/status/1383083613063888899


    ~~~~~~~~~~~~
    Algorand and BridgeTower Capital Announce Strategic Partnership

    BridgeTower Capital, a global private equity firm, focusing on traditional private equity investments and blockchain and DeFi markets, announced today a partnership with Algorand. Algorand, the creator of the world’s first pure proof-of-stake foundational blockchain, is a leading blockchain technology company accelerating the convergence of decentralized and traditional finance.

    BridgeTower will use Algorand’s technology as the underlying blockchain solution to issuance of the BridgeTower Capital tokenized digital security. It will also use Algorand as a preferred blockchain for BridgeTower products and services. Beyond the elementary requirement of an open, public network, Algorand’s technology enables a set of high performing Layer-1 blockchains that provide security, scalability, complete transaction finality, built in privacy, Co-Chains, and advanced smart contracts.

    “Algorand was a clear choice given their technology, team and leadership position in the digital marketplace,” said BridgeTower Chief Executive Officer Cory Pugh. “It is another important piece falling into place our effort to bring a new-world vision to private equity to maximizing the growing opportunities in blockchain and DeFi in private equity. It’s gratifying to see it coming together and to now see others enthusiastically validating the vision.”

    BridgeTower is bringing a traditional operational business approach to its decentralized finance business by building recurring revenue and EBITDA growth as well as providing funding to growth companies with to create increased valuations. BridgeTower’s current blockchain staking product has grown substantially to more than $60 million assets under delegation within two months of launch. BridgeTower will aggressively add self-hosted Nodes over the coming months. “Algorand’s partnership with BridgeTower is based on our aligned vision to provide access to decentralized assets and products as well as a shared focus to expand opportunities in financial services through advanced blockchain technology,” said David Markley, Business Solutions at Algorand. “We are excited BridgeTower will be leveraging Algorand to allow investors to become shareholders in their tokenized private equity firm and admire their leadership in tokenized security offerings.”

    Today, nearly 1 million transactions per day are posted on Algorand’s blockchain. In addition, over 4.5 million assets have been issued on chain and more than 500 companies are currently developing applications on Algorand, taking advantage of the unique layer-1 smart contracts and the other functionalities enriching the platform.

    This past month BridgeTower also announced it has formed a Zurich-based entity to further expand its current products and partnerships.

    ABOUT BRIDGETOWER CAPITAL – BridgeTower Capital is a global tokenized Private Equity firm with a traditional operational business mentality of building strong revenue and EBITDA growth. BridgeTower shareholders have access to opportunities in decentralized finance (DeFi) built on blockchain technology. In addition, BridgeTower’s private equity investments in early to mid-stage growth companies provides financial, operational, talent acquisition and marketing support. For more information, visit https://www.bridgetowercapital.com/
    ~~~~~~~~~~~

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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    The cyber hornets assemble! To have a round table discussion on why they’re mega bullish about Bitcoin. Looks like Michael Saylor, “the Chuck Norris of crypto”, isn’t just gunning for the central banks, he’s also got the military-industrial-complex in his crosshairs.

    To paraphrase he says: “the current world economy is run on force. Whatever assets and resources you want from another country, whether it be gold or oil. You can force your way in, shoot everyone and walk out with the goods. But with Bitcoin, if you go in and everyone dies, then you definitely aren’t getting their Bitcoin. Bitcoin forces a fairer need for more tactful diplomacy

    https://mobile.twitter.com/BTCsessio...06449753006082

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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Another interesting Hbar price prediction. This one takes into account the total market cap of the whole cryptocurrency industry should Bitcoin reach $100k or $200k. So should Bitcoin peak at $100k, the $4 Hbar is the most likely high point. But if Bitcoin peaks over $200k, Hbar could peak at $8-$12.

    A $10 dollar Hbar was my first major take profit zone, giving a 100x on the initial 9cent investment price. Although I didn’t expect to hit that until the next bull market cycle. Michael Saylor did say in the roundtable chat in the previous post that with financial institutions moving into the space, the volatility of Bitcoin to the upside could be suppressed, but he also said the risk to the downside would be reduced as well.

    Data points to be aware of as Bitcoin leads the charge into altcoin season.


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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Quote Posted by Jayke (here)
    Another interesting Hbar price prediction. This one takes into account the total market cap of the whole cryptocurrency industry should Bitcoin reach $100k or $200k. So should Bitcoin peak at $100k, the $4 Hbar is the most likely high point. But if Bitcoin peaks over $200k, Hbar could peak at $8-$12.

    A $10 dollar Hbar was my first major take profit zone, giving a 100x on the initial 9cent investment price. Although I didn’t expect to hit that until the next bull market cycle. Michael Saylor did say in the roundtable chat in the previous post that with financial institutions moving into the space, the volatility of Bitcoin to the upside could be suppressed, but he also said the risk to the downside would be reduced as well.

    Data points to be aware of as Bitcoin leads the charge into altcoin season.

    Very interesting stuff and thx alot for all your updates Jayke. I have been reading up and learning about Cryptos for about a month now and the problem for me is there are so many interesting projects its very hard to decide which one to put some more money into. For now im holding a lot with small bags as to say. For instance:

    Pre, Sparta, OGN, Enji, Ripple, Ethereum, Stellar, KIN, Fantom, LTO, Algorand, ADA, AAVE, OCTO, Dogecoin, Hbar and i could go on and on and on.

    Hard to decide which one to really go for.

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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    By the way PRE is called Presearch and is a new search machine based on the Blockchain. You can earn your own tokens with every search you do. Check it out:

    https://presearch.org/signup?rid=2430808

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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Quote Posted by Mypos (here)
    Very interesting stuff and thx alot for all your updates Jayke. I have been reading up and learning about Cryptos for about a month now and the problem for me is there are so many interesting projects its very hard to decide which one to put some more money into. For now im holding a lot with small bags as to say. For instance:

    Pre, Sparta, OGN, Enji, Ripple, Ethereum, Stellar, KIN, Fantom, LTO, Algorand, ADA, AAVE, OCTO, Dogecoin, Hbar and i could go on and on and on.

    Hard to decide which one to really go for.
    I’ve wrestled with that myself. I’ve mostly been tracking the 3rd generation blockchains that have great future potential but are still relatively under the radar. I know I’m missing out on dozens of hidden gems but haven’t got time to track them all. Like Tron for instance, it’s been smashing it lately, massive gains, yet because it’s primarily big in the Chinese and Arab markets, I’m only seeing snippets of news pieces about it, which I don’t get round to posting.

    I’ve stayed away from as many ERC-20 tokens as possible with a couple exceptions, mostly because I hate the high gas fees associated with anything on the Ethereum network. Plus there’s too many hype coins that won’t make it through the regulations once governments get more involved. There’s so many scam coins in the ecosystem I’d rather keep out of those waters, too many people getting rug pulled on a consistent basis.

    I’d much rather have 10,000 Algorand than 100 coins from a 100 different projects, makes life so much simpler. But at the same time I didn’t want to miss out on some of the parabolic price action those other projects go through, so I signed up as a Moocharoo Master Ninja and set up their trading bot on Binance that automatically trades 50 of the top coins for me and takes profit in Bitcoin. It’s only been running for a couple weeks, it’s still in beta mode and is a little glitchy, which isn’t ideal but I don’t want to be glued in front of a computer all day analysing 100 different charts to see which coins are ready to pop. Hands free passive profits is the way to go.

    The bot is currently $136 dollars in PNL profit, up 10% on a $1000 account in 2 weeks, not doing too bad.

    I have recently been watching Crypto banter YouTube channel, these guys are great for analysing some of the altcoins we haven’t covered yet on the thread, and letting you know which coins are ready to explode.


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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    my 2 cents (after 10 years of crypto investing)
    put only the money you can afford to lose into crypto.
    Divide your crypto into 20-50% into bitcoin
    30-40% into the next biggest coins such as Theta, BNB, DOT
    10-30% into smaller coins such as Digibyte, Doge, ONE, VChain.
    watch a lot of youtube crypto traders and get familliar with popular coins.

    my sneaky stragegy is: follow the most popular crypto youtubers on their twitter accounts. Look at who they have recently followed on there. Often they will follow coins that they are planning to do a video on. If you can invest before they publicize a coin, then when they pump it, you make a profit.

    Of course most every coin is pumping now during the bull run.
    Be sure to take some profits off the table as you make them, so when the inevitable downturn comes you will not lose it all.

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    Thailand Avalon Member palehorse's Avatar
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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Quote Posted by Mypos (here)
    By the way PRE is called Presearch and is a new search machine based on the Blockchain. You can earn your own tokens with every search you do. Check it out:

    https://presearch.org/signup?rid=2430808
    I am using the presearch engine to test if I can get more results than others alt search engines, I started using it on 2021-03-02 and they were paying 0.13 PRE as reward per search performed, what I can tell you is:

    - it started receiving 0.13 PRE per search, today it is paying 0.12 PRE persearch.
    - it will take forever to earn any significant amount of PRE just doing searches (limited to 30 searches per day).
    - Minimum Eligible Tokens to withdraw is 1.000 PRE

    Take a look at my dashboard attached below the numbers speak for itself, for me presearch has the same behavior as Brave Browser paying rewards for receiving pop ups ads on the browser (actually rewarding for blocking ads), it started paying a bigger fatter reward when there was just a few people using, now that it is becoming more popular the price dropped and ads shows only sporadically.

    I am not suppose to agree with everything, I speak what I see, and what I see is just another propaganda, when in reality is just what you see in my print screen below.

    I got into Brave Browser before the rewards was a thing to consider, the browser promises privacy and ad free surfing, great because I dislike ads in websites and many plugins just over bloat the browser, without saying memory leak issues, nowadays I am back using IceCat from GNU project, screw all major brands.

    By the way https://searx.ninja/ is great for results and anyone can install their own instance.

    The tactics most of this crypto companies are using is always the same in essence, giving crumbs scraps to attract the masses attention (free money people come over) and then...what? then they get all your personal data when you try to withdraw your crumbs .. great deception most people can't even see, that's what people's personal data financially worth. almost nothing.

    Never forget, companies exist for one purpose only, profits!


    Last edited by palehorse; 18th April 2021 at 08:57.
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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Quote Posted by palehorse (here)
    Quote Posted by Mypos (here)
    By the way PRE is called Presearch and is a new search machine based on the Blockchain. You can earn your own tokens with every search you do. Check it out:

    https://presearch.org/signup?rid=2430808
    I am using the presearch engine to test if I can get more results than others alt search engines, I started using it on 2021-03-02 and they were paying 0.13 PRE as reward per search performed, what I can tell you is:

    - it started receiving 0.13 PRE per search, today it is paying 0.12 PRE persearch.
    - it will take forever to earn any significant amount of PRE just doing searches (limited to 30 searches per day).
    - Minimum Eligible Tokens to withdraw is 1.000 PRE

    Take a look at my dashboard attached below the numbers speak for itself, for me presearch has the same behavior as Brave Browser paying rewards for receiving pop ups ads on the browser (actually rewarding for blocking ads), it started paying a bigger fatter reward when there was just a few people using, now that it is becoming more popular the price dropped and ads shows only sporadically.

    I am not suppose to agree with everything, I speak what I see, and what I see is just another propaganda, when in reality is just what you see in my print screen below.

    I got into Brave Browser before the rewards was a thing to consider, the browser promises privacy and ad free surfing, great because I dislike ads in websites and many plugins just over bloat the browser, without saying memory leak issues, nowadays I am back using IceCat from GNU project, screw all major brands.

    By the way https://searx.ninja/ is great for results and anyone can install their own instance.

    The tactics most of this crypto companies are using is always the same in essence, giving crumbs scraps to attract the masses attention (free money people come over) and then...what? then they get all your personal data when you try to withdraw your crumbs .. great deception most people can't even see, that's what people's personal data financially worth. almost nothing.

    Never forget, companies exist for one purpose only, profits!


    Im not really sure what your criticism is supposed to be towards Presearch? Are you afraid they will keep and sell your data just like Google? By the way im using it for not even a week and i have 35 reward tokens allready. I was just sharing it cause i think its an interesting project with alot of potential.

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  31. Link to Post #256
    Thailand Avalon Member palehorse's Avatar
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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Quote Posted by Mypos (here)
    Quote Posted by palehorse (here)
    Quote Posted by Mypos (here)
    By the way PRE is called Presearch and is a new search machine based on the Blockchain. You can earn your own tokens with every search you do. Check it out:

    https://presearch.org/signup?rid=2430808
    I am using the presearch engine to test if I can get more results than others alt search engines, I started using it on 2021-03-02 and they were paying 0.13 PRE as reward per search performed, what I can tell you is:

    - it started receiving 0.13 PRE per search, today it is paying 0.12 PRE persearch.
    - it will take forever to earn any significant amount of PRE just doing searches (limited to 30 searches per day).
    - Minimum Eligible Tokens to withdraw is 1.000 PRE

    Take a look at my dashboard attached below the numbers speak for itself, for me presearch has the same behavior as Brave Browser paying rewards for receiving pop ups ads on the browser (actually rewarding for blocking ads), it started paying a bigger fatter reward when there was just a few people using, now that it is becoming more popular the price dropped and ads shows only sporadically.

    I am not suppose to agree with everything, I speak what I see, and what I see is just another propaganda, when in reality is just what you see in my print screen below.

    I got into Brave Browser before the rewards was a thing to consider, the browser promises privacy and ad free surfing, great because I dislike ads in websites and many plugins just over bloat the browser, without saying memory leak issues, nowadays I am back using IceCat from GNU project, screw all major brands.

    By the way https://searx.ninja/ is great for results and anyone can install their own instance.

    The tactics most of this crypto companies are using is always the same in essence, giving crumbs scraps to attract the masses attention (free money people come over) and then...what? then they get all your personal data when you try to withdraw your crumbs .. great deception most people can't even see, that's what people's personal data financially worth. almost nothing.

    Never forget, companies exist for one purpose only, profits!


    Im not really sure what your criticism is supposed to be towards Presearch? Are you afraid they will keep and sell your data just like Google? By the way im using it for not even a week and i have 35 reward tokens allready. I was just sharing it cause i think its an interesting project with alot of potential.
    I appreciate your share, I was just giving my opinion based on my experience as a user, I criticized them ( not you sorry for the confusion ) because for me seems like a profiling thing, no doubt they are collecting data, otherwise they could not show a history in the dashboard, also they require an account in order to earn the rewards (why not use an anonymous token, like some VPNs are doing? passwordless ), and probably they will ask for the user's photo/self holding an official document in order to validate and report the cash out request (exchanges to that all the time, the one I use here asked me again to send a new self).

    For some people all these stuffs are quite normal, but for me it is not, I do not want my personal data including my photo going around in the dark web and other black markets, I am talking about KYC data breached/hacked from these companies, not a chance, I do not place my trust on their words.
    --
    A chaos to the sense, a Kosmos to the reason.

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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    https://coinmarketcap.com/currencies/handshake/markets/

    Well I can say for certain that HNS is a crypto that the controllers/psychopaths do NOT control!!!
    They want a centralized internet they can control, and HNS and handshake decentralized internet names they will not control
    nor make any money off of. It is us who can finally take control of the internet.

    see my thread on this at
    https://projectavalon.net/forum4/sho...=1#post1422722

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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Quote Posted by Antagenet (here)
    https://coinmarketcap.com/currencies/handshake/markets/

    Well I can say for certain that HNS is a crypto that the controllers/psychopaths do NOT control!!!
    They want a centralized internet they can control, and HNS and handshake decentralized internet names they will not control
    nor make any money off of. It is us who can finally take control of the internet.

    see my thread on this at
    https://projectavalon.net/forum4/sho...=1#post1422722
    I’ve got no coding skills whatsoever. Might take me a while to figure out how to use this one

    We do have our anti-globalist underdog, Safenet, on this thread though. Who just went live with their Fleming testnet recently.

    ==========
    Safe Network — The Journey To Digital Freedom

    It’s an exciting time in the decentralised space. New projects, tackling fresh challenges are popping up daily. But there is a trembling beneath our feet, where ground breaking technology is about to surface. Welcome, the return of Maidsafe and their Safe Network.

    Cast your mind back to 2014. Bitcoin was still a young pup and any altcoins that existed were largely tweaked clones. The potential of Bitcoin was already obvious to anyone who had a degree of vision or foresight. There was much work to do, but using QR codes to buy stuff online seemed like the future. A future without fiat money, without banks and without payment processors. It was exciting. It was infectious. It felt like new frontiers were being breached and a new financial freedom was being unleashed, whether the world was ready or not.

    Fast forward to 2021. Things look rather different now. The frontier spirit of the Bitcoin innovators has given way to form an acceptance of progress by those in the financial sector. However, innovation in the application of the technology is thriving. Blockchains are appearing in various guises, along with projects to link them together to form a greater whole. The space has moved on from childhood to somewhere between adolescence and adulthood, bringing investment with it.

    But there is change afoot. Immutable transactions are now old hat. They are accepted as not only possible, but commonplace. The question is — are transactions enough? Is irreversibly storing small bits of data enough to satiate the appetite to decentralise everything? In a word, no. If we want digital freedom, we need more.

    Awaken The Beast

    2014 feels like a long time ago. In many ways it is. Sometimes, good things come to those who wait. With Maidsafe, their ambitions were clearly beyond their initial estimates. The world’s first ICO — before the term had even been coined — had its troubles too. It didn’t stop MAID being propelled into the top 10 of the crypto charts and hanging in there until the 2017 boom times.

    Those of us watching them have seen many ups and downs, twists and turns, and highs and lows. There have been false starts, implementation cul-de-sacs, company restructures, and fundamental design changes. David Irvine has reflected on this somewhat forlornly with the Safe Network community. But getting things wrong is sometimes the only way we can learn what is right. It removes an approach from the table, allowing us to focus on those that remain.

    Reflecting on what went badly usually happens when either ultimate success or failure has been achieved. Luckily for us, it appears to be the former. Rejoice, for feature rich test nets are materialising, with feverish development taking place between them. This is a good place to be and the years of hard work looks to be paying off. The so-called impossible network is about to become possible.

    What Does It Mean?

    Given the scope of the Safe Network, it is hard to summarise succinctly. Given you’re probably expecting me to do so, I’ll give it a try. Be gentle!
    Think of what Bittorrent and IPFS have brought to decentralised storage. Then mix it with what Bitcoin has done to immutable transactions. Add in a dose of what Tor does for anonymity. Stir in a dash of non-fungible token (NFT) sauce. Top with layers of distributed Domain Name System (DNS) and Content Delivery Network (CDN), then blend in encrypted data routing and immutable data storage. Finally, liberally sprinkle security, anonymity and usability to taste.

    How did I do? None the wiser? Like I said, it is hard to explain! There is a reason why this project has been baking for so long, but the proof will be in the pudding. Let me drill down a little, to give a better taste of what is to come.

    Decentralised Immutable Data Storage

    Core to the platform — yes, it’s a decentralised platform — is the goal of storing data in perpetuity. For public, published, data it becomes accessible to all, without censorship. You can choose to link the data to your pseudo identity, real identity or remain anonymous. This can be provable using cryptography.

    Much like Bitcoin, transactions cannot be reversed. Safe Network does the same for non-transactional data too. This data can be any size, given there is network capacity to store it. It can also do transactional data too, including its built in token (more below).

    Given the hype around NFTs at the moment, this is big news. Firstly, the ownership details of the NFT can be stored immutably. They won’t go missing when someone stops paying to store them or if the hosting company pulls the plug on a server. Secondly, the NFT data itself can be stored immutably too. Whether this is PDF containing property deeds, a piece of art, some music, game assets, code… it can all be stored in perpetuity. You don’t care about NFTs? Neither does Safe Network — you can just store the data and share it with others regardless.

    When data is uploaded, it is given an XORURL, which is essentially a unique URL for the data (from hashing). These can be read by anyone with a Safe Network client and will never disappear. No more 404s for these links! Additionally, Name Resolution Service (NRS) can be used to give the target a friendly URL, much like DNS, but without the drawbacks. NRS names can be created by any user, can only be modified by that user, they don’t expire and they cannot be blocked.

    Then think about your medical records, your family photos and videos, your emails. Immutable does not necessarily mean public. Safe Network also allows the storage of private immutable data. You do not need to trust Google, Amazon or whoever with your data. You don’t need to worry about your computer or mobile device failing and taking the data with it.

    Safe Network Token

    When the ICO kicked off in 2014, the focus of the casual observer was on the token. Bitcoin was big, fresh, news and users and investors alike were assimilating knowledge about anything similar. So, it was a big deal when Maidsafe announced that the token would be anonymous, free to transfer and would happen near instantly, at network speed. This was at a time when Bitcoin was still cheap (pennies!) to transact and waiting less than an hour was groundbreaking.

    The good news is, the token still holds these properties on the latest test nets. Network speed is still being optimised, but transactions are already measured in seconds, not tens of minutes. This is with a non-caching, non-optimised, network designed to shake the bugs out. Given sharding is fine grained and baked into the design, this should remain the case as the network grows. Cryptocurrency fans, let that sink in for a moment.

    The Truth Is There Is No Blockchain

    How is all this possible? The blockchain woke the world up to the power of decentralised transactions and what it can mean for money. As good as this innovation is, blockchains aren’t the only way to do this. Maidsafe started dreaming of Safe Network long before Bitcoin even existed. David Irvine was pitching his ideas and building prototypes from 2007. There was no such thing as a blockchain back then. There was just a blank canvass and ideas of how to achieve Byzantine fault tolerance and it led in a completely different direction.

    The requirements for storing bulk data is rather different from storing transactional data. With the latter, it is possible for everyone to replicate the same data. While storing all transactions will inevitable become more burdensome over time, the impact is containable. While debates have raged about big blocks vs small blocks, the need for layer 2 solutions and so forth, the common blockchain design is to clone the chain across all mining nodes.

    For bulk data, this isn’t feasible. That isn’t to say that some projects aren’t attempting this, but it won’t scale. A blockchain will reach petabytes in no time and machines capable of hosting such chains will dwindle, causing centralisation, spiralling costs and ultimately resource exhaustion. This is the antithesis of a distributed system. So no, a blockchain will not be up to the job, so Maidsafe never considered it. Safe Network is not a blockchain. So what is it?

    Here is where I’m going to get a bit more vague. I’m also going to take the cowards way out and link the Safe Network Primer¹. Yes, it’s a big and detailed document, but it has been written by the Safe Network community in conjunction with the Maidsafe team and is the best, most detailed, description yet.

    In short, data is chopped up, encrypted, then distributed between nodes who become responsible for it. A minimum number of copies is maintained for redundancy and fault tolerance. The nodes are divided into groups which look after a section of data. Nodes cannot choose which groups they join. They also can’t read the encrypted data.

    A node starts its journey with few responsibilities, but accumulates more as it ages. When it becomes an elder node, it attempts to reach consensus with other elders in its group to complete network events. Misbehaving nodes are booted out and replaced with new nodes, who have to prove themselves once again.

    Too vague? Probably, but hopefully it is a good taster! The primer¹ has so much more to give, as does the source code (the Safe Network is open source, naturally). The community forum² is also a fantastic resource, with many minds to pick and previous debates to review.
    Secure Access For Everyone (SAFE)

    What good would it be if all of the above was pushed through a gateway? Given gateways can be logged, shut down, or have their users traced or blocked, they provide an easy target for disruption. This isn’t what decentralisation should look like.

    Safe Network does not use any hosted gateways. Users can connect directly to the network via any of the groups mentioned above. When users request data, their IP address is scrubbed, then their request is routed to the group holding the requested data. Even public data is self-encrypted and the nodes holding the associated chunk cannot recognise what file it is part of.

    The user client manages this process and applications talk through the client to access the network. These applications can be anything from browsers, through chat apps, wallets, file managers, to blogging apps. The client provides an API, which the bundled CLI (command line interface) works with for core functionality.

    Fleming Test Networks
    So, what is the current state of the Safe Network? At the time of writing, Fleming Test Network 3³ has just been launched (literally!). This network is slow, unstable and is warts and all. It is to shake out bugs and give people a chance to return feedback and the developers to make rapid progress.

    You can upload files, give them friendly URLs, share them with others, make some payments, etc. Experiencing this for the first time, understanding how easy it is, is mind blowing and the inspiration behind this article!
    I’ll be documenting my experiences with the test nets in future articles. Why not give it a try too?
    [1] The Safe Network Primer (2020)
    https://primer.safenetwork.org/
    [2] Safe Network Community Forum
    https://safenetforum.org/
    [3] Fleming Test Network 3 forum thread
    https://safenetforum.org/t/fleming-t...-release/34457
    =========

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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    Yieldly Finance, Decentralised finance on the Algorand blockchain. We can soon say goodbye to the ridiculous Ethereum gas fees when moving small amounts of currency.

    ===========
    YIELDLY (DEFI) RAISES USD $1.4 MILLION FROM LEADING VCS ACROSS THE WORLD

    APAC –Yieldly stands out as an undeniably promising project from the inaugural batch of the Longhash x Algorand Accelerator, having raised USD $1.4 million at a 20 million fully diluted token value.

    A report by the World Economic Forum projects that up to 10% of global GDP will be stored on blockchains by 2025. Decentralized finance (DeFi) has been at the forefront of the cryptocurrency movement. The ecosystem which had USD $700 million in December 2019 grew to a staggering USD $40 billion in February of 2021. Confidence in the DeFi movement has resulted in USD $120 billion in trading volume on decentralized exchanges (DEXes) in January and February of 2021 – a figure that has surpassed the trading volume in all the previous years combined.

    Yieldly was founded in 2020 by Sebastian Quinn, a veteran in developing blockchain and emerging technologies, having advised projects such as Bluzelle and Power Ledger. Algorand became the protocol of choice to build a future proof DeFi solution, and Yieldly aims to be the first automated market maker (AMM) for the protocol.

    The Algorand protocol was founded by MIT professor and recipient of the prestigious Turing Award for computer science, Professor Silvio Micali who has been instrumental in the cryptocurrency scene. Algorand has been coined by many as “Blockchain 3.0” due to its Pure Proof of Stake (PPoS) approach for security, and implementation of a forkless network. These features circumvent the limitations of other protocols, allowing Yieldly to achieve scalability, security, and decentralization without compromise.

    Yieldly Pools will be Yieldly’s initial use case, it features a no-loss lottery that allows holders of Algorand and projects on the protocol to participate through different prize pools. Yieldly Pools’ no-loss lottery gamifies the saving and holding of these coins. Payouts increase with the size of the participants, and participants will stand a chance to win the prize pool while those who don’t keep their buy-in to participate in other rounds.

    Chief operating officer of one of the funds supporting Yieldly, Longhash Ventures, Shi Khai Wei, has faith in Yieldly’s development stating that “Yieldly is building key components of DeFi on Algorand, and is clear-sighted on their inclusive cross chain vision. We enjoyed working with the team during the Algorand Asia Accelerator and look forward to advancing together.”

    The idea has garnered interest from multiple core investors such as Borderless Capital, Longhash Ventures, and CMS Holdings. Other additional investors include OKEX’s Block Dream Fund, Neo Global Capital, Kosmos Capital, LD Capital, Kernel Ventures, and IBMR.io.

    Sebastian believes that the proliferation of Yieldly and its continued development will be fuelled by the various projects on the Algorand protocol that aim to solve complex challenges across multiple industries.

    “We are delighted to be building this integral piece of DeFi architecture for the Algorand Ecosystem. We know what competitor projects like PancakeSwap have done for ecosystems like Binance. We have learned from this and our first and best-in-class contracts will allow for staking, lending, and no-loss lottery to exist on Algorand. Furthermore, our cross chain bridge will unlock the power of other protocols for all Yieldly holders.” Says Sebastian.

    Yieldly will be investing its funding to continue building the best-in-class suite of smart contracts for DeFi on Algorand while expanding its power to unlock other protocols through the development of bespoke cross chain bridges. The Yieldly team looks forward to working with numerous existing partners to reach its first major milestone of $1 Billion in total value locked on the platform, with aggressive growth anticipated to follow thereafter as more capital flows to Algorand and the wider DeFi space.

    About Yieldly
    Yieldly is an exciting new project on the Algorand protocol that offers a suite of DeFi apps that democratize liquidity.
    ==========

    10% of global GDP predicted to be on blockchains by 2025. Global GDP is currently 92 trillion. Total crypto industry market cap is currently 2 trillion.

    That means the WEF predicts roughly 5x growth for the whole industry over 4 years. Bitcoin dominance has plummeted to 52% against the alts for total crypto market cap over the weekend, which means huge inflow of capital into the altcoins.

    Interestingly, most of the altcoin charts are looking very similar, they all look primed to go for a parabolic run. Might see a doubling in price for a lot of coins by May.

    Will we see a prolonged 3 year bull market? or a blow off alt coin season this year, followed by a 3 year cool off before another epic altcoin season for the next Bitcoin halvening event next cycle? Either way, we’re still early in the adoption phase.

    ~~~~~~~

    Was a wild weekend for trading. I had an amazing short position on Bitcoin that got stopped out by, what I thought were some low buy orders around $59,000. Then another set of buy orders at $57,000 that were $300 away from getting liquidated as the flashcrash saw Bitcoin kiss the $50,000 on Phemex trading platform. All while I slept. Closed out with a $600 loss, but at least my overall PNL is still in profit. Unlike the $9 billion worth of longs that were completely liquidated over the weekend. The largest liquidation event in Bitcoin history.

    Managed to scoop up more alts in the flashcrash fire sale though. Primed and loaded for the next phase of the bull run.

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    Default Re: Cryptocurrency: which alt-coins are the globalist corporations backing and why?

    It was only through setting up my trading bot on Binance that I realised BNB (Binance’s smart contract coin) has a pretty significant use case. You get a discounted trading fee when using BNB to pay trading fees. BNB is going from strength to strength as a platform and is the preferred trading venue of choice for bitcoin whales.

    Willy Woo, the Bitcoin on-chain analyst noticed a 9,000 Bitcoin inflow to Binance before the flashcrash. Looks like the whale wallet may have cashed out with 20,000 bitcoins after the event.

    https://twitter.com/woonomic/status/1383981852839485440

    BNB does regular token burns, while simultaneously having increased demand through cheaper trading fees. It’s pretty much guaranteed to keep going up in value. It dipped to $420 per coin during the weekends flashcrash firesale, would’ve been a great time to buy the dip.

    =======
    How $500M Token Burn Will Impact Binance (BNB) Cryptocurrency's Price

    Crypto exchange Binance has successfully burned 1,099,888 BNB tokens that amount to $592 million at current prices.

    What Happened: In the realm of cryptocurrency, a “token burn” equates to a share buyback in some senses.

    Binance’s token burn program involves buying back and destroying BNB tokens every quarter, thereby reducing the overall BNB token supply. However, Binance burns tokens from their team treasury rather than outside holders.

    “A burn achieves the same economic effects as an airdrop, with no need for as many tx on the blockchain, and more evenly distributed. I am always surprised that few understand this,” said Binance CEO CZ on Twitter.

    https://twitter.com/gcuriom/status/1381361306524061698

    The price implications of permanently removing these BNB tokens from the market are likely to have a positive impact going forward if the demand for BNB remains steady, say some market proponents.

    Why It Matters: Since Binance first launched in 2017, it committed to burning 100 million BNB, or half the coin’s total supply.

    Recently, the leading crypto exchange opted to speed up the rate at which it burns tokens.

    “The current accelerated burn would put the trajectory to be around 5-8 years to finish the 100 million BNB,” said Binance in a blog.

    With each burn, the dollar amount of BNB destroyed has increased, with the latest one being the largest burn to date.

    https://twitter.com/AlamedaTrabucco/...44180961886212

    So far, BNB has outperformed Bitcoin (BTC) by close to 100% for the month of April.

    The token has returned 1300% year to date, and over 43,000% since the initial coin offering (ICO) in 2017.

    At press time, BNB was trading at $521.28, down 4% in the past 24-hours.
    ==========

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