Nathanblog

BCHgallery - On March 27, a developer, Pokkst released a different kind of Bitcoin Cash (BCH) application called Bchgallery, an Android BCH wallet that is disguised as a generic photo gallery app. -The platform aims to provide added security through obscurity by acting as a decoy application. -Pokkst was a big BTC fan at one time and explained in a recent  blog post  that he “had high hopes for the Lightning Network.” -However, Pokkst now considers the Lightning Network an “over-engineered mess. -Trying to walk someone through depositing Bitcoin to a wallet, opening a channel and routing the payment through the network, then explaining why larger payments do not route well will kill adoption of the Lightning Network, despite the best intentions of current competing implementations of the protocol. -He is not against the Lightning Network, but he thinks that the entire system itself could have been designed so so so much better than how it currently is. -He is not opposed to la...

3/30/19 SEC Postpones decision on Bitwise, VanEck Bitcoin ETF Proposals The SEC is reviewing another bitcoin ETF proposal filed by VanEck and SolidX, in partnership with Cboe BZX Exchange. The VanEck/SolidX proposal was initially filed nearly a year ago, but was  withdrawn in January  during the longest partial government shutdown in U.S. history. VanEck CEO Jan van Eck explained that the shutdown had – at least temporarily – paused conversations between the SEC and the companies which submitted the proposal. Cboe  resubmitted the proposal  in late January, and  was published in the Federal Register  on Feb. 20. On Friday, the SEC  extended this decision  as well, designating May 21 as the date on which it would either make a firm decision or launch proceedings to do so. No-deal Brexit would trigger mayhem in derivatives market -No deal may cause an implosion of an already hugely volatile, highly interconnected derivatives market. -For t...

Who are the Millennials? Wendy:     Rick Ackerman, a financial analyst in his interview with Greg Hunter (3/26/19) was talking about the pension crisis and how the social security and medicare systems are doomed because the Millennials will not able to pay for these astronomical costs.    So what do we know about the Millennials who are becoming the main economic driving force? Rick asked: ·        Do you really think the Millennials are able to pay the Baby Boomers’ retirement?   for the social security?   medicare?   ·        Can they pay for the medical bill and social security of their parents when the baby their parents are now expected to live till their 90s?    When they are still living with their parents till 35?    when they are on average $50K in student debt ?    when they have a degree that they will never use? Who are the Millennials? ·   ...

CV (Dick Interviewed Jeff with Caleb & Brown crypto brokerage ) -Australian crypto broker.    Nice to open an account in the period of FOMO when you want to sell or buy crypto. -Minimum capital to open an account – 2K. -When buy or sell an order, they can lock the rate (like Coinbase I guess) using their working capital to execute the trade for you before they receive your payment (1-3 days). -They can pretty much buy any crypto with reasonable liquidity very fast.   For example, it took Dick two days to buy HDAC because it’s on Korean Exchange but Caleb can do it in 10 minutes!   8:30 -Special commission rate for Crypto Viewing member is 3.5% that including all the transaction fees.    Their typical rate is 4%-5% 9:32. -12:01   No daily limit on liquidation amount.     For example, they have a client sold some crypto on a Monday and received 20 million on a Friday. -Fast liquidation - You can sell large amount of crypto thru them (millio...

EOS – June will be the biggest news since EOSIO announcement. -On Monday (25th March), Larimer was interacting with users of the  EOS  Telegram group when he let it slip that there is a big announcement on the way for EOS which is going to be officially revealed in June. “June will be biggest news since EOSIO announcement,” said the EOS CEO. -Currently the fifth biggest cryptocurrency in the market,  EOS  is one of the direct competitors of Ethereum, TRON and Cardano in terms of its smart contracts and dApp development capabilities. The project has been quiet recently and there haven’t been any major announcements since the launch of EOSIO version 1.6 back in January. -Responding to one of the questions which compared the number of developers on EOS to Ethereum, where Ethereum is a clear winner, he said: “Quality over quantity. ETH has many devs because their solutions are overly complicated by poor initial design […] No amount of Devs can fix what is wrong with...

Bob Lukas (Bracing for the next Bitcoin Sell-off): Short term View: -We are at Day 43 of a 60 Day cycle (starting point around mid-Dec). -4:23 In a bear market, a choppy 、 sideway market,   we need to be defensive when the current 60 Day cycle goes beyond the midpoint which is Day 30.      That’s because for a year and half, the pattern (he called “ Left trend slated” ) has been ,within a cycle,   the top will occur before the midpoint.     It takes few days to reach the top but more days to decline.   -Right now we have a Day 18 high that hasn’t been exceeded in this 60 Day Cycle.   There is a little uptrend developing but it is lacking significant volume.    There is no apparent momentum or buying pressure. -If this is a real new bull uptrend ahead, by Day 43, it would have already broken out significantly. -One possible scenario is we can still break the Day 18 high and reach around 4100, but it...

Theta vs Theta Fuel -Theta -The governance token of the Theta protocol. -THETA is used to stake as a Validator or Guardian node (100k Theta), contributing to block production and the protocol governance of the Theta Network. -By staking and running a node, users will earn a proportional amount of the new TFUEL generated. The supply of THETA is fixed at 1 billion and will never increase.  -Theta Fuel (TFUEL) -The operational token of the Theta protocol. -TFUEL powers on-chain operations like payments to relayers for sharing a video stream, or for deploying or interacting with smart contracts.  -After the initial distribution of 5 billion TFUEL (5 for each of the 1 billion THETA), the supply will increase at an initial annual target rate of 5%.  -The new supply rate will be determined at the protocol level, and can be adjusted as needed by protocol consensus to provide the appropriate amount of new supply as demanded by platforms on the Theta Network. Will each viewer need ...

Matrix Ben: -BTC will start to go down on March 26 th or 27th.    Then it will stagnant for a while.   -BTC might go up a bit between now and the 27 th . -Start to pick up around the 3 rd week of April or any time till May 15. -ETF will get launched on the 1 st or 2 nd week of May. -During something called Coinsbank Cruise – many huges names will be on this cruise.   A lot of news will be unleashed and launched.    These news will help to pump up the market. -While the world is focusing on Venezuela, the real action is going on in the South China Sea.    He thinks we are going to war with China.

Jsnip4 （ All Seeing Indicator Update ） : It dropped 13 points as I mentioned last night and is in the neutral area for the most part. It only dropped one single point this morning. The thing we have to keep remembering is that each time it was in that extreme overbought area in the past, it did ultimately go back down to extreme oversold and we still have not had that happen yet. So like I keep saying, this is why I'm waiting still to get back in. Even if the market does a little rally here or there or just continues to go sideways. One of my woo woo friends thinks $4500 is coming before the dump back down to $3500 but I am going with the indicator so I remain out. While BCH is now $165 I await the dump to get back into it. Daily Reckoning （ Deadly Accurate Recession Warning Flashes ） : -The bond market will let you know where the economy is heading, say the veterans. Savvy economic analysts have always known the bond market is the place to look for a real sense of where the econom...

Medium (FB isn’t gong after BTC.   It’s going after the dollar.) -Mark Zuckerberg recently wrote a long post outlining FB’s shift from open sharing to private communications.   -Kik is used by millions of people who spend more time in Kik than Snapchat, Twitter, and Instagram.   It offers a world free of broadcasts, feeds, and likes. -So how is FB going to make money?   Via cryptopcurrency and its own coin. -FB is probably trying to become the WeChat of the West via:               -Remittances – Offering a way for millions of people to send money home for free.               -the blockchain – enable payment functionality in their apps like Wechat. -the platform – Like Wechat, FB will add more and more ways to spend FB coin inside their apps:   paying utility bills, ordering food at restaurants…. What FB is planning in near future: -Of...

Jsnip4 (All Seeing Indicator did Jump a bit): It updated 3 times today.   1st update it went up 1 point. 2nd update, 2 points. 3rd update 3 points.  At any rate, she done climbed 6 points today alone. She was already just creeping into the extreme overbought zone. It came down one point and sat their a couple days ago and now she gained a total of 6 points today. This is now basically at the level when the market puked 20% a few weeks ago. For sure in extreme overbought territory.  Keep in mind, we could go a little higher in price or more sideways but man oh man is it now screaming dump coming. BitcoinExchangeGudie (Why Wikipedia Founder Switch to Brave Browser): Wikipedia co-founder Larry Sanger tells everyone to “stop using Chrome” & switch to Brave browser just like him. He switched because 1. his phone was hacked and his Google ID reset. 2.   Silicon Valley behemoths include FB, Apple, Netflix, Google, Youtube, Twitter, MSFT have moved from centerless, ...

BitcoinExchangeGudie : Chinese profits from roaring stock market moving into BTC & crypto From last year’s world’s worst-performing stock market, China’s stock market has become the best this year. After US President Donald Trump postponed the trade deal with the China and as Wall Street bets on more stimulus, Shenzhen, and Shanghai indexes are in a beast mode. Investors are long China as the stock market gets carried away with Wall Street doubling down on Trump to just throw in the towel on the tariffs. So far in this year,  Shanghai  and  Shenzhen  composite indexes have registered gains of over 25 percent and outperformed major equity indexes. Chinese Money is flowing into Bitcoin and cryptocurrencies from the profits made by its roaring stock market. Largest Chinese exchanges registered double volume while Chinese Yuan is seeing the highest money flow in cryptos after US dollar in fiat currency. Moreover, according to the data provided by Coinlib, C...