Cryptocurrency on Iq Option - IqOption - Online Trading

12-28 14:23 - 'IQoption - Bitcoin Trading and other Crypto Currencies - Tier 2 - Incentivized' (tbadv.eu) by /u/altanbdawy1982 removed from /r/Bitcoin within 23-33min

IQoption - Bitcoin Trading and other Crypto Currencies - Tier 2 - Incentivized
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Author: altanbdawy1982
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How The Lebanese Pound Fell Under 1 Satoshi

How The Lebanese Pound Fell Under 1 Satoshi submitted by 1978krcz to lebanon [link] [comments]

Sajtovi za početnike [Investiranje]

Zdravo drugari,
Posto se niko nije naučan rodio mogu da vam dam par sajtova/brokera koji nude naloge za vežbanje, da se ispraksirate sa trgovinom akcija, trgovinom sa marginama, opcijama i forexima, koje sam ja lično koristio u početku, a koji se mogu koristiti u Srbiji.
Upozoravam vas da ne pokušavate da odmah stavljate velike kolicine realnog novca nego da počnete sa malim količinama ako ste početnik.
Postoji i mogucnost na nekim sajtovima da udjete na takmičenja gde dobijete određenu količinu novca koju možete da koristite i na da na kraju nedelje,vikenda ili dana se forimira lista i dobijaju se novčane nagrade. Otprilike fukcioniše (IQ Options) da platite 5$ i da dobijete poseban acc. sa 1000$ i da onda se takmičite sa ostalim ljudima ko će više novca napraviti.
Ako imate jos para sajtova da dodate ili koje ste vi koristili, slobodno podelite sa nama.
Trading 212 je nešto najsličnije što imamo RobinHood-u. Ali ipak bi savetovao da počnete sa IQ options jel je lakši za početnike, a i dobijete 10k $ kao akaunt za vežbu.
Naziv Min. Deposit Ref. link Non-Ref. link Vrste trgovanja
IQ Options 10$/10€ link link CFD/FX/Crypto
XTB 250 $ / link Sve
Trading212 1$ / link Sve
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How to recover funds from iqoption scammer

Iqoption took over $79000 from me, when I realised they are only grabbing money from me , I told them i am going to issue chargeback and I mailed them my chargeback form which one I received from my bank, than the call me and told me that they will refund all my deposited funds, but they are always lier , they only refund $23000 and blocked my account, still they don’t reply my mails, now i complaint against iqoption ltd in Cyprus cyber crime cell. They will catch them. I gave all related information and address.
submitted by Away_Turnover to iqoption [link] [comments]

7 reasons why should you become an Introducing Broker with IQ Option? Reason #4 - Trading Strategies Review

7 reasons why should you become an Introducing Broker with IQ Option? Reason #4 - Trading Strategies Review

https://preview.redd.it/jg87b5e7kym31.jpg?width=1520&format=pjpg&auto=webp&s=7993d1cab6a906c69b064424f93b188423afa257
When working on the financial markets, traders can utilize dozens of different strategies.
It is worth saying that there is no ultimate one-fit-all strategy that works for all traders, all instruments and all timeframes. Each trader has to develop a trading strategy of his own. What trading strategy is the best? There is no clear answer to this question, as some strategies that have demonstrated decent results in the past do not work today. Put shortly, an optimal strategy is the one that works. Or, in other words, the one that consistently provides positive returns. If the strategy consistently provides negative results (the trader is losing more than he is earning), this strategy should obviously not be used.
As already mentioned, as there is no single «best strategy», traders may want to look at several factors when developing a strategy of their own. First is the instrument they want to trade. It is no secret that that Stocks behave differently than Forex, and ETF trading is quite different from cryptocurrency trading. Hence, the first rule. Decide on the financial instrument before developing a strategy. Secondly, choose the time frame you want to trade. Intraday trading is radically different from value investing. Choose the time frame first and decide on the strategy second. We have covered the time frame and chart types in our previous article. Thirdly, adjust your trading strategy to your trading style. As in life, we are much more likely to be successful in something that we like. The same applies to trading. If you don’t like how a particular strategy works, find another one. It is as simple as that.
Now, to the strategies themselves. As already mentioned, trading strategies are numerous. This article is not enough to list all of them. Nevertheless, we can provide a list of the most notable ones.

https://preview.redd.it/j67438iykym31.jpg?width=1800&format=pjpg&auto=webp&s=2530db3429aedc7574bc99e370363445f8e8426c
Day trading
Day trading is a strategy that implies that all positions are being opened and closed within the same day. This strategy is common among Forex traders. Currency pairs can demonstrate decent movements over the course of one day. Moreover, the use of leverage can turn miniscule price swings into tangible gains. Forex, however, is not the only asset class to be traded like that. Cryptocurrencies, for example, can also be traded on a daily basis. One thing that is absolutely required for day trading is high volatility, as it is impossible to trade when the market is flat.
Value Investing
A strategy that is commonly used with stocks, value investing implies that the trader first has to find the discrepancy between the market and the intrinsic (real) value of a particular stock. In order to do this, he will go through earnings reports and key financial metrics. If the intrinsic value is higher than the market one, it is wise to buy the stock. Conversely, if the company is traded at a price that is higher than its intrinsic value, it can be expected to go down (the time when this will happen, however, is not set).
Swing Trading Strategy
When using this strategy, traders try to capitalize on the sudden price swings, hence the name. In a lot of markets, and for a lot of assets, sudden price movements are quite common. One way to apply the swing strategy is to find a strong trend and wait for a retracement. A retracement is a short-term move in the opposite direction that doesn’t change the direction of the bigger trend. When the retracement happens, the asset price will depreciate, but since it is only a retracement and not the trend reversal, the price can be expected to go up again. All in all, this is a practical application of the ‘buy low, sell high’ technique.
Scalping
Scalping is a subtype of the day trading strategy. As in day trading, all deals are being opened and closed within the same day. Yet, the number of deals and their duration will vary significantly. When applying the classic day trading strategy, you can open as little as one deal and it will still classify as day trading. In scalping, things are a little bit different. Traders open a big number of deals, stacking up small gains over time. In scalping deals can be as short as a few seconds. All in all, it is an interesting strategy that a lot of traders, especially on the Forex market, find useful.
News Trading

https://preview.redd.it/6fje1e96lym31.png?width=2558&format=png&auto=webp&s=6ffb982c4c971d43244fee0e900933a69d2e016f
Political and economic news have the potential to affect the asset prices and move the entire markets. Here are two examples to illustrate how powerful news trading can be. On the Forex market, traders buy and sell national currencies in pairs. Their exchange rate is a good proxy for the well-being of the respective national economy. When the American economy flourishes, so does the USD, and vice versa. When the US economy is in crisis, the USD will also depreciate. Of course, it is more complicated than that, but the general idea is roughly like this.
Forex is not the only market that is affected by the news. The equity market, where corporate stocks are traded, is another example. Corporate news, like an appointment of a new CEO or a new sales milestone, can make the company move up or down. People, interested in stocks trading, have to follow corporate news and evaluate the overall business climate in order to make well-rounded decisions.

These are the 5 common trading strategies. Of course, they are not limited to these, as there are endless opportunities on the market. Yet, for those willing to start somewhere, this list can provide an idea or two. Choose the one that suits your trading style and you are good to go.

https://preview.redd.it/dmeb4i9alym31.png?width=2558&format=png&auto=webp&s=5c78de080555fe7b6d26ade0aee3e331d0094b13
Simply share this simple knowledge with your community and you will Become a successful Introducing Broker with IQ Option!
Earn up to 45% commissions!!
Sign Up now!
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[Non-ref] IQ Option added Stellar, may be interesting

[Non-ref] IQ Option added Stellar, may be interesting submitted by vladfaust to Stellar [link] [comments]

The Exhaustive EOS FAQ

The Exhaustive EOS FAQ

 
With the large number of new readers coming to this sub we need to make information easy to access so those readers can make informed decisions. We all know there is an unusually large amount of Fear, Uncertainty and Doubt (FUD) surrounding EOS. Frankly, when clear evidence is provided it’s not that difficult to see EOS for the extremely valuable project it is. This post hopes to begin to put an end to all the misinformation by doing the following:  
  • Giving a clear and concise answer to the most frequently asked questions in regards to EOS.
  • Giving a more in-depth answer for those who want to read more.
  • Allowing readers to make informed decisions by making credible information easy to access.
 
As EOS climbs the ranks we need to recognise there are going to be a lot of skeptical readers coming over and posting their questions. Sometimes they will be irrational, hostile and often just looking for a reaction. We should make it our responsibility to welcome everyone and refrain from responding emotionally to provocative posts, instead providing factual and rational answers.
I will add to this post as and when I can, if you have any ideas or spot any mistakes let me know and I'll get them fixed ASAP. Im planning to add a bit on the team, centralisation and DPOS, governance and EOS VC shortly but please let me hear your suggestions!
 

FAQ

1. How do you registeclaim your EOS tokens before June 2018?

 
Answer courtesy of endless. If you have not done so, you will need to create a new pair of EOS public and private keys and register them with an Ethereum address. This only needs to be done once.
On or around June 1, 2018 all EOS Tokens will become frozen and non-transferable on the Ethereum blockchain. Not long after, I suspect that EOS community members will create a snapshot of token balances that carry over onto a new community generated and selected EOS blockchain. block.one will not be launching EOS blockchains or operating any of their nodes. Additionally, this is a community subreddit unaffiliated in an official capacity with block.one
Method #1: MetaMask (recommended)
Video guide: https://www.youtube.com/watch?v=8K1Q5hX_4-o
steemit tutorial: https://steemit.com/eos/@ash/full-walkthrough-how-to-join-eos-ico
Method #2: MyEtherWallet
steemit tutorial: https://steemit.com/eos/@sandwich/contributing-to-eos-token-sale-with-myetherwallet-and-contract-inner-workings
Method #3: Exodus Wallet
Official website tutorial: http://support.exodus.io/article/65-i-ve-received-eos-tokens-in-exodus-how-do-i-register-them
Important note courtesy of dskvry bka Sandwich, the author of Method #2's steemit tutorial:
claimAll will not work for most users. When you get to the claim step, please use the following tutorial: https://steemit.com/eos/@koyn/minimizing-the-cost-of-gas-when-claiming-eos-using-myetherwallet
Did you buy your EOS tokens on an exchange? (Courtesy of IQOptionCoin)
REMEMBER YOU ONLY NEED TO REGISTER YOUR TOKENS IF YOU BOUGHT THEM ON AN EXCHANGE. YOU DON'T NEED TO CLAIM THEM.
  1. Go to the EOS website https://eos.io
  2. Scroll down and select "GET EOS"
  3. Tick all the required boxes and click "Continue"
  4. Scroll down and click "Register"
  5. Select Metamask, MyEtherWallet, or Ethereum Wallet
  6. Follow the guide.
  7. Remember that the reason you need to register your Ethereum ERC-20 address is to include your EOS tokens in order for the balance of your EOS Tokens to be included in the Snapshot if a Snapshot is created, you must register your Ethereum address with an EOS public key. The EOS snapshot will take place prior to the 1 June 2018. After this point your ERC-20 EOS tokens will be frozen. And you will be issued EOS tokens on the EOS blockchain.
So PLEASE REGISTER your Ethereum address NOW, don't forget about it, or plan on doing it some time in the near future.
There are a lot of submissions about this in /eos, so rather than making a new one please reply to this thread with any questions you may have. Don't forget to join the EOS mailing list: https://eos.io/#subscribe and join the EOS community on your platform(s) of choice: Telegram, Discord and/or Facebook.
And remember, if anyone instructs you to transfer ETH to an EOS contract address that doesn't match the address found on https://eos.io you are being scammed.
 

Sources:

How to registeclaim your EOS tokens before June 2018 by endless
Official EOS FAQ
 

2. How will the token the ERC-20 EOS tokens be transferred to the native blockchain?

 

Quick answer:

There isn't one! Read the long answer then read it again, registering your Ethereum wallet is mandatory!
 

Long answer:

Within 23 hours after the end of the final period on June 1, 2018 at 22:59:59 UTC, all EOS Tokens will become fixed (ie. frozen) and will become non-transferrable on the Ethereum blockchain.
In order to ensure your tokens are transferred over to the native blockchain you must register your Ethereum address with an EOS public key, if you do not you will lose all your tokens! I am not going to link any tutorials as there are many that can be found by searching Google and YouTube.
block.one is helping with the development of snapshot software that can be used to capture the EOS token balance and registered EOS public key of wallets on the Ethereum blockchain. It is then down to the community to create the snapshot. This snapshot can be used when generating a genesis block for a blockchain implementing eos.io software. block.one will not be launching EOS blockchains or operating any of their nodes.
 
Exchange Support
Some exchanges have announced that they will support the token swap. Although using this method will undoubtedly be much simpler than registering the tokens yourself it also comes with its pitfalls.
  • It is highly likely there are going to be multiple networks running on the eos.io software that use the snapshot. It is highly unlikely that exchanges will support them all.
  • It is highly likely that exchanges will not support airdrops that use the snapshot.
Exchanges that have announced support for the token swap include:
 

Sources:

EOS.io
 

3. What does EOS aim to achieve?

 

Quick answer:

EOS.IO software is aiming to provide a decentralized operating system which can support thousands of industrial scale DApps by enabling vertical and horizontal scaling.
 

Long answer:

EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications.
 

Sources:

Official EOS FAQ
 

4. Who are the key team figures behind EOS?

 
  • CEO Brendan Blumer - Founder of ii5 (1group) and okay.com. He has been in the blockchain industry since 2014 and started selling virtual assets at the age of 15. Brenden can be found on the Forbes Cypto Rich List. Brendan can be found on Twitter.
  • CTO Dan Larimer - Dan's the visionary industry leader who built BitShares, Graphene and Steemit as well as the increasingly popular Proof of Stake Governance and Decentralised Autonomous Organization Concept. He states his mission in life is “to find free market solutions to secure life, liberty, and property for all.”. Dan can also be found on the Forbes Cypto Rich List. Dan can be found on Twitter and Medium.
  • Partner Ian Grigg - Financial cryptographer who's been building cryptographic ledger platforms for 2+ decades. Inventor of the Ricardian Contract and Triple-Entry Accounting.
 

Sources:

Forbes Crypto Rich List
 

5. Where can the latest EOS news be found?

 
Official:
Community:
Developers:
 

6. Which consensus mechanism does EOS use and what are Block Producers?

 

Quick answer:

Delegated Proof of Stake (DPOS) with Byzantine Fault Tolerance. Block Producers (BPs) produce the blocks of the blockchain and are elected by token holders that vote for them. BPs will earn block rewards for their service, these block rewards come in the form of EOS tokens produced by token inflation.
 

Long answer:

Taken from the EOS.IO Technical White Paper v2:
“EOS.IO software utilizes the only known decentralized consensus algorithm proven capable of meeting the performance requirements of applications on the blockchain, Delegated Proof of Stake (DPOS). Under this algorithm, those who hold tokens on a blockchain adopting the EOS.IO software may select block producers through a continuous approval voting system. Anyone may choose to participate in block production and will be given an opportunity to produce blocks, provided they can persuade token holders to vote for them.
The EOS.IO software enables blocks to be produced exactly every 0.5 second and exactly one producer is authorized to produce a block at any given point in time. If the block is not produced at the scheduled time, then the block for that time slot is skipped. When one or more blocks are skipped, there is a 0.5 or more second gap in the blockchain.
Using the EOS.IO software, blocks are produced in rounds of 126 (6 blocks each, times 21 producers). At the start of each round 21 unique block producers are chosen by preference of votes cast by token holders. The selected producers are scheduled in an order agreed upon by 15 or more producers.
Byzantine Fault Tolerance is added to traditional DPOS by allowing all producers to sign all blocks so long as no producer signs two blocks with the same timestamp or the same block height. Once 15 producers have signed a block the block is deemed irreversible. Any byzantine producer would have to generate cryptographic evidence of their treason by signing two blocks with the same timestamp or blockheight. Under this model a irreversible consensus should be reachable within 1 second."
 

7. How does the voting process work?

 
The voting process will begin once the Block Producer community releases a joint statement ensuring that it is safe to import private keys and vote.
Broadly speaking there will be two methods of voting:
  1. Command Line Interface (CLI) tools
  2. Web portals
EOS Canada has created eosc, a CLI tool that supports Block Producer voting. Other Block Producer candidates such as LibertyBlock are a releasing web portal that will be ready for main net launch. There will be many more options over the coming weeks, please make sure you are always using a service from a trusted entity.
Remember: Do not import your private key until you have seen a joint statement released from at least five Block Producers that you trust which states when it is safe to do so. Ignoring this warning could result in tokens lost.
 

8. What makes EOS a good investment?

 
  • Team - EOS is spearheaded by the visionary that brought us the hugely successful Bitshares and Steem - arguably with two projects already under his belt there is no one more accomplished in the space.
  • Funding - EOS is one of the best funded projects in the space. The block.one team has committed $1B to investing in funds that grow the EOS echo system. EOS VC funds are managed by venture leaders distributed around the world to insure founders in all markets have the ability to work directly with local investors. Incentives such as the EOS hackathon are also in place with $1,500,000 USD in Prizes Across 4 Events.
  • Community Focus - The team is aware that the a projects success depends almost entirely on its adoption. For this reason there has been a huge push to develop a strong world wide community. There is already a surplus number of block producers that have registered their interest and started to ready themselves for the launch and incentives the EOS hackathon are being used to grow the community. A index of projects using EOS can be found at https://eosindex.io/posts.
  • Technical Advantages - See point 9!
 

9. What are the unique selling points of EOS?

 
  • Scaleability
    • Potential to scale to millions of transactions per second
    • Inter-blockchain communication
    • Separates authentication from execution
  • Flexibility
    • Freeze and fix broken applications
    • Generalised role based permissions
    • Web Assembly
  • Usability
    • Elimination of transaction fees
    • True user accounts with usernames, passwords and account recovery (no more having to remember long cryptographic keys)
    • Web toolkit for interface development
 

Sources:

eos.io
EOS Whitepaper
 

10. Is there currently a working product?

 

Quick answer:

This depends entirely on your definition of working product. If a fully featured developer release meets your definition then yes!. Otherwise the public release will be June 2018.
 

Long answer:

EOS differs from other projects in that it aims to deliver a fully featured version of the software on launch. The Dawn 3.0 RC1 feature complete pre-release became available on April 5th. This version has all the features of the final release that is due June 2018. Further development will involve preparing the final system contract which implements all of the staking, voting, and governance mechanics. The common notion that there is no viewable code published is wrong and the initial Dawn 1.0 release has been available from September 14th 2017.
 
EOSIO V1 - June 2nd 2018
Dawn 3.0 RC1 - April 5th 2018
Dawn 3.0 Alpha - January 23rd 2018
Dawn 2.0 - December 4th 2017
Dawn 1.0 - September 14th 2017
 

Sources:

 

11. EOS is an ERC-20 token, how can it possibly be a competitor to other platforms?

 

Quick answer:

The ERC-20 token is used only for raising funds during the token distribution; all tokens will be transferred to the native blockchain once launched.
 

Long answer:

EOS team has clearly stated their reason for choosing the Ethereum network when they described the rationale behind the ICO model. Specifically, the ICO should be a fair and auditable process, with as little trust required as possible. If you believe that an ICO should be fair, auditable, and trustless, you have no choice but to use a decentralized smart contract blockchain to run the ICO, the largest, and by-far most popular of which is Ethereum. Since EOS is intended to be a major competitor for Ethereum, some have seen this as a hypocritical choice. - Stolen from trogdor on Steam (I couldn’t word it any better myself).  

Sources:

The EOS ico for dummies by trogdor
Official EOS FAQ
 

12. Why do the eos.io T&C’s say the ERC-20 token has no value?

 
The EOS T&C’s famously state:
"The EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the EOS Platform."
 

Quick answer:

This is legal wording to avoid all the legal complications in this emerging space, block.one do not want to find themselves in a lawsuit as we are seeing with an increasing amount of other ICOs. Most notably Tezos (links below).
 

Long answer:

This all comes down to legal issues. Anyone who’s been into crypto for 5 minuets knows that government bodies such as the Securities and Exchange Commission (SEC) are now paying attention to crypto in a big way. This legal wording is to avoid all the legal complications in this emerging space, block.one do not want to find themselves in a lawsuit as we are seeing with an increasing amount of other ICOs. Many token creators that launched ICOs are now in deep water for selling unregistered securities.
 
A filing from the Tezos lawsuit:
"In sum, Defendants capitalized on the recent enthusiasm for blockchain technology and cryptocurrencies to raise funds through the ICO, illegally sold unqualified and unregistered securities, used a Swiss-based entity in an unsuccessful attempt to evade U.S. securities laws, and are now admittedly engaged in the conversion, selling, and possible dissipation of the proceeds that they collected from the Class through their unregistered offering."
 
To ensure EOS tokens are not classed as a unregistered security block.one has made it clear that they are creating the EOS software only and won’t launching a public blockchain themselves. This task is left down to the community, or more precisely, the Block Producers (BPs). The following disclaimer is seen after posts from block.one:
 
"block.one is a software company and is producing the EOS.IO software as free, open source software. This software may enable those who deploy it to launch a blockchain or decentralized applications with the features described above. block.one will not be launching a public blockchain based on the EOS.IO software. It will be the sole responsibility of third parties and the community and those who wish to become block producers to implement the features and/or provide the services described above as they see fit. block.one does not guarantee that anyone will implement such features or provide such services or that the EOS.IO software will be adopted and deployed in any way.”
 
It is expected that many blockchains using eos.io software will emerge. To ensure DAPPs are created on an ecosystem that aligns with the interests of block.one a $1bn fund will be has been created to incentivise projects to use this blockchain.
 

Sources:

EOS.io FAQ Great video on this topic by The Awakenment EOS $1bn Fund Announcement Article on the Tezos lawsuit Article on the Gigawatt lawsuit An official block.one post featuring disclaimer
 

13. Why is the token distribution one year long?

 
Official statement from block.one:
“A lot of token distributions only allow a small amount of people to participate. The EOS Token distribution structure was created to provide a sufficient period of time for people to participate if they so choose, as well as give people the opportunity to see the development of the EOS.IO Software prior to making a decision to purchase EOS Tokens.”
 
It is also worth noting that block.one had no knowledge how much the the token distribution would raise as it is determined by the free market and the length of the token distribution is coded into the Ethereum smart contract, which cannot be changed.
 

Sources:

EOS.io FAQ
 

14. Where is the money going from the token distribution?

 

Quick answer:

Funding for the project was raised before EOS was announced, the additional money raised from the token distribution is largely going to fund projects on EOS.
 

Long answer:

A large portion of the money raised is getting put back into the community to incentivise projects using eos.io software. block.one raised all the money they needed to develop the software before the ERC-20 tokens went on sale. There are some conspiracies that block.one are pumping the price of EOS using the funds raised. The good thing about blockchain is you can trace all the transactions, which show nothing of the sort. Not only this but the EOS team are going to have an independent audit after the funding is complete for piece of mind.
 
From eos.io FAQ:
“block.one intends to engage an independent third party auditor who will release an independent audit report providing further assurances that block.one has not purchased EOS Tokens during the EOS Token distribution period or traded EOS Tokens (including using proceeds from the EOS Token distribution for these purposes). This report will be made available to the public on the eos.io website.”
 

Sources:

EOS.io FAQ EOS $1bn Fund Announcement
 

15. Who's using EOS?

 
With 2 months from launch left there is a vibrant community forming around EOS. Some of the most notable projects that EOS software will support are:
A more complete list of EOS projects can be found at eosindex.io.
 

16. Dan left his previous projects, will he leave EOS?

 

Quick answer:

When EOS has been created Dan will move onto creating projects for EOS with block.one.
 

Long answer:

When a blockchain project has gained momentum and a strong community has formed the project takes on a life of its own and the communities often have ideas that differ from the creators. As we have seen with the Bitcoin and Ethereum hark forks you cant pivot a community too much in a different direction, especially if its changing the fundamentals of the blockchain. Instead of acting like a tyrant Dan has let the communities do what they want and gone a different way. Both the Bitshares and Steem were left in a great position and with Dans help turned out to be two of the most successful blockchain projects to date. Some would argue the most successful projects that are actually useable and have a real use case.
What Dan does best is build the architecture and show whats possible. Anyone can then go on to do the upgrades. He is creating EOS to build his future projects upon it. He has stated he loves working at block.one with Brendan and the team and there is far too much momentum behind EOS for him to possibly leave.
 

Sources:

Dans future beyond EOS
Why Dan left Bitshares
Why Dan left Steem
 

17. Is EOS susceptible to DDoS attacks?

 
No one could have better knowledge on this subject than our Block Producer candidates, I have chosen to look to EOS New York for this answer:
"DDoS'ing a block producing is not as simple as knowing their IP address and hitting "go". We have distributed systems engineers in each of our candidate groups that have worked to defend DDoS systems in their careers. Infrastructure can be built in a way to minimize the exposure of the Block Producing node itself and to prevent a DDoS attack. We haven't published our full architecture yet but let's take a look at fellow candidate EOSphere to see what we mean. As for the launch of the network, we are assuming there will be attacks on the network as we launch. It is being built into the network launch plans. I will reach out to our engineers to get a more detailed answer for you. What also must be considered is that there will be 121 total producing and non-producing nodes on the network. To DDoS all 121 which are located all around the world with different security configurations at the exact same time would be a monumental achievement."
 

Sources:

eosnewyork on DDoS attackd
EOSSphere Architecture
 

18. If block producers can alter code how do we know they will not do so maliciously?

 

Quick answer:

  • Block producers are voted in by stake holders.
  • Changes to the protocol, constitution or other updates are proposed to the community by block producers.
  • Changes takes 2 to 3 months due to the fact block producers must maintain 15/21 approval for a set amount of time while for changes to be processed.
  • To ensure bad actors can be identified and expelled the block.one backed community will not back an open-entry system built around anonymous participation.
 

Long answer:

For this question we must understand the following.
  • Governance and why it is used.
  • The process of upgrading the protocol, constitution & other updates.
  • Dan’s view on open-entry systems built around anonymous participation.
 
Governance
Cryptography can only be used to prove logical consistency. It cannot be used to make subjective judgment calls, determine right or wrong, or even identify truth or falsehood (outside of consistency). We need humans to perform these tasks and therefore we need governance!
Governance is the process by which people in a community:
  1. Reach consensus on subjective matters of collective action that cannot be captured entirely by software algorithms;
  2. Carry out the decisions they reach; and
  3. Alter the governance rules themselves via Constitutional amendments.
Embedded into the EOS.IO software is the election of block producers. Before any change can be made to the blockchain these block producers must approve it. If the block producers refuse to make changes desired by the token holders then they can be voted out. If the block producers make changes without permission of the token holders then all other non-producing full-node validators (exchanges, etc) will reject the change.
 
Upgrade process
The EOS.IO software defines the following process by which the protocol, as defined by the canonical source code and its constitution, can be updated:
  1. Block producers propose a change to the constitution and obtains 15/21 approval.
  2. Block producers maintain 15/21 approval of the new constitution for 30 consecutive days.
  3. All users are required to indicate acceptance of the new constitution as a condition of future transactions being processed.
  4. Block producers adopt changes to the source code to reflect the change in the constitution and propose it to the blockchain using the hash of the new constitution.
  5. Block producers maintain 15/21 approval of the new code for 30 consecutive days.
  6. Changes to the code take effect 7 days later, giving all non-producing full nodes 1 week to upgrade after ratification of the source code.
  7. All nodes that do not upgrade to the new code shut down automatically.
By default, configuration of the EOS.IO software, the process of updating the blockchain to add new features takes 2 to 3 months, while updates to fix non-critical bugs that do not require changes to the constitution can take 1 to 2 months.
 
Open-entry systems built around anonymous participation
To ensure bad actors can be identified and expelled the block.one backed community will not back an open-entry system built around anonymous participation.
Dan's quote:
"The only way to maintain the integrity of a community is for the community to have control over its own composition. This means that open-entry systems built around anonymous participation will have no means expelling bad actors and will eventually succumb to profit-driven corruption. You cannot use stake as a proxy for goodness whether that stake is held in a bond or a shareholder’s vote. Goodness is subjective and it is up to each community to define what values they hold as good and to actively expel people they hold has bad.
The community I want to participate in will expel the rent-seeking vote-buyers and reward those who use their elected broadcasting power for the benefit of all community members rather than special interest groups (such as vote-buyers). I have faith that such a community will be far more competitive in a market competition for mindshare than one that elects vote buyers."
 

Sources:

The Limits of Crypto-economic Governance
EOS.IO Technical White Paper v2
 

19. What is the most secure way to generate EOS key pairs?

 
Block producer candidates EOS Cafe and EOS New York have come forward to help the community with this topic.
The block producer candidate eosnewyork has kindly posted a tutorial on steemit detailing the steps that need to be taken to generate key pairs using the official code on the EOS.IO Github.
The block producer candidate eoscafe has gone a step further and released an Offline EOS Key Generator application complete with GUI for Windows, Linux & Mac. Not only can this application generate key pairs but it can also validate key pairs and resolve public keys from private keys. This application has also been vouched for by EOS New York
 

Sources:

EOS.IO Github
eosnewyork's key pair generation tutorial
eoscafe's offline key par generation application  
submitted by Techno-Tech to eos [link] [comments]

Investing in foreign etf using IQ options

I tried to search this space and cannot find any info so I guess wala pang nakakapag open up nitong topic na to. I found a broker named iqoptions which allows you to invest/trade in forex, crypto, etf, stocks in nasdaq and nyse. I am thinking of trying their powershares qqq which is same as the nasdaq-100. They also have the s&p500 but its too expensive for me. Theres a deposit option via bdo/metrobank and credit/debit card. Anyone have any idea or may naka try na ba nito? Any thoughts?
submitted by doublehunter69 to phinvest [link] [comments]

PK Issue with new tronscan wallet (using chrome)

Hi, I'm a newb to crypto... been following tron for about a year - but only through IQoption.. so while i'd been trading on trx, it was CFD's, so I never actually owned any trx.

Anyway, decided i knew enough to get my feet wet, so set up some exchanges, tradingview and 3commas - then started tinkering.
I looked into tron wallets and found tronscan, so set up an account.
Here's where the problem arose. I setup tronscan account on Chrome on my desktop. As I created the account, your vital info (PK & seed phrase) displays in a popup. My Private Key showed up, so i went to open a txt file to make a copy (to then encrypt)
MISTAKE. When you click off the browser, the popup vanishes.
I now had a text file open, so saved the name, password... but the key had vanished. I assumed i'd have access to it again, so carried on with the wallet creation. copied and saved the seed phrase, and actually now have a wallet... but cant open on other devices or import it elsewhere without the PK.

Luckily I still have the wallet open in a tab, so can create a new wallet and send everything across there, but I'm pretty unimpressed with the use of a one-time popup, that disappears if you click outside the browser window, to display such a piece of vital data. They tell you to copy this data, but it vanishes if you try to use your mouse to do it!
Yes, lesson learnt... first use a pen next time, but thought I'd share this experience in case it helps any other newbs
submitted by br1Pod to Tronix [link] [comments]

Bytecoin on IQ Option

IQ Option is a trading app that makes investing in cryptos, fiat currencies and companies really easy with very just a small minimum investment. Here is the link:
www.iqoption.com
Currently, they have the following cryptocurrencies available there: BTC, ETH, ETC, XRP, BCH, XMR, LTC, MIOTA, DASH, OMG, ZEC and BTG.
I think we should ask them to include BCN trading on their app. Maybe a change.org petition would be nice. What do you guys think?
submitted by tmybr11 to BytecoinBCN [link] [comments]

OTN a new altcoin that need to be discussed

Hi.
There is another altcoin around, and one that i want to discuss about. It looks interesting, but there is some weird stuff.
Here is the link: https://otn.org/
And here is the questions i made on their subreddit Open_Trading_Network/ Hello everyone, i just found out these days about OTN, and all in all, its a really good idea, and i see that it have potential, but lets talk about how things work.
First of all, there are 1000+ alt coins running around plus a lot more ICOs and similars like OTN on the field. Its a crazy number, and a few years from now, 99% of them will die. Thats a fact.
As i see, the ones that survive will be the ones that can do something useful on the real world economy. Wich ones? no one knows. Its all a huge gamble at this point.
So, lets start with the positive things...
1 - No more exchanges hostages
The idea behind the OTN is a very solid one, since as you can all see, the existence of the exchanges go against one of the principles of the Cryptocoins: Decentralization.
The exchanges where you trade your coins holds on their wallets a big chunk of the circulating currencies, and even if the exchange have a good reputation, there is nothing that stops them to close the doors overnight and keep all the clients coins. (This would probably collapse the coin markets, but yes, it is possible).
2 - Reduced fees
If something like the idea of the OTN works the right way, that would mean the start of the end of the exchanges, or at least their exorbitant fees (come on... 0,02 BTC to withdraw, when the average network fee is 0,00014?)
If what i read about the project is right, there would be no central exchange in place, and all the transactions would be processed by the "forgers" (Somebody correct me if im wrong, but this would work in a proof-of-stake system), and the fee of processing transactions would reduce a lot, since it would use less power and there wouldnt be more than one transaction in place (Today, you have a transaction fee to transfer from your wallet to the Exchange, another to make the trade, and another to transfer back to you personal wallet)
3 - Decrease of difficulty to buy and sell Cryptos (and products)
IF (and only if) the OTN system make it possible to buy the currencies with fiat, it seems this would make the process pretty easy, and with that, increase the possibility of the cryptos be accepted by people outside the financial world
Cause in the long term, if the general population do not recognize the cryptos as actual useful money, they will die.
Now now, its time to go through the shady and weird things...
Starting with Distribution
So there will be 3 ways of distribution of the coin:
A - IQoption trades B - Wallet Owners C - To whoever have coins
B and C seems ok to me, since they wont cost anything (unless they charge for the wallet), and will reward early adopters and enthusiasts
But the problem is the A...
At first glance, the idea seems good. You do your normal trade operations, and in the mean time you get a reward fo using and specific plataform. Something like a milleage program.
But here is the catch: the fee to trade Cryptos on IQoption, that are actually CFDs, since you dont buy any coins, is now 10%
10%
that means that any trade you do, you already lost 10%, no matter the outcome. Not including the absurd Spreads (US$ 30,00 on BTC at the moment of this writing)
Nowhere on the market you will find a broker or exchange that have this fee, or this spread.
Now lets do some math (The prices is in BRL, cause that is what i used to test):
I put buy order (IQOption you only buy at market price)of $19,80. IQoption Charge me $1,84 (10% fee) for the transaction, and reward me with and estimate of 0,048 OTN Tokens (wich will go down till the day they give the coins). if i trade this for 0,048 OTN to bitcoins then to $ i would recieve $ 3,07. Well, there is no fees on this math, but lets say i would pay the absurd 10% iq option charges, i would still keep around $2,70
Good payout right? im actually recieving to trade... But here is to scenarios that might happen
The other weird thing is: why IQOption? There is a lot of exchanges around that could have a better impact on the Crypto community, and get a lot of atention around this first round of token distribution, even the ones that already trade OTN...
The answer i think is this: IQoption is the first thing you see when you start googling for the first time in your life 'how do i trade currencies'. IQOption have a lot of ads running around everywhere related to the markets. This probably attract a lot of people that think it is easy to make money on the market. Easy is the key work here guys.
And btw, IQOption isnt the most reputable broker around. You only have to go a few pages ahead on the google search to find a lot of controversy.
And for the last, a few questions popped on my mind that i still dont have answers:
Ooof.. thats a big one wall of text. Cant do a TL;DR because the devil is in the details...
Please, lets have a unbiased discussion (im looking at you IQOption representative that answer all the posts here).
This might be good. But might be a total trainwreck.
Please, discuss...
*Edit: Format
submitted by phgnomo to altcoin [link] [comments]

I have to share this: the incredible incompetence of (most) trading platforms

UPDATE 13/12/2017: Kraken has deteriorated to the point it has become practically useless. I've had to go to other platforms and in the process of transferring everything away from kraken. Bloody hell, what a mess
I have over the last month or so tried to create account on several platforms in order to start trading. I am AMAZED at how incompetent most of them are, how badly they function, how poor their support is, how broken their systems seems. Here is my experience - with 2 great experiences related at the end. Bitfinex - complete joke. Never received the email to confirm my email so can't log in and the support site puts me in endless loops of menus. Absolute shit Bittrex - managed to create basic account, but there's not much you can do with that so immediately moved on the verification level to start trading. 4-5 weeks later, I'm still waiting for them to confirm the documentation I sent that was not automatically recognized (it got recognized on another exchange). Feels like they've forgotten about me HitBTC - I could create account, sent all the info for next step verification, one month later still no news. It's like they don't give a shit IQOption - created the account, transferred funds through credit card on the same day. Super easy, super good support, super sexy interface. Only drawback is you're not buy currencies but options. Not sure what the difference is but I won't be investing more through this. It was the first one that I managed to get into and a great first dip in the water of crypto currency trading because it is just soooo simple and agreeable to use. Android and Macbook apps are great, too. Few currencies available, though Kraken - THE STAR!! Easy to create account, easy to get verified (with same info the other fuckers are still chewing on), easy to transfer funds (Euros in my case), good support, relatively good user interface. Simply the best platform I have seen and experienced. In fact, to me, the only one I trust. Only problem is the limited amount of currencies one can trade. I can't buy iota, for example. Still, top, top
I hope this helps other newcomers and at the same time, if any of you has advice on the issues I am facing and/or on where to trade currencies Kraken does not allow you to, I'm a taker, thanks.
UPDATE: Created an account on Binance. They warned me it could take up to 3 weeks to be verified due to high demand, but it took less than a week. Immediately transferred some tokens from kraken to binance in a few minutes and then made a trade on binance. Really easy to do, nice interface, not the lag and missed trade messages I often get on kraken. So far, I find Binance really nice, although more complex than the kraken interface which is really simplified and nice in that sense.
UPDATE: I sent a reminder email to support last night, asking if there was any progress on my verification. This morning I get an email from support saying it's been resolved. I log in (it keeps saying I have changed IP adress to I need to log in twice - weird) and what do I see? NO CHANGE. STILL THE SAME SHIT ABOUT HOW THEY COULD NOT VERIFY ME. Conclusion: Bittrex is a joke.
submitted by primipare to CryptoCurrency [link] [comments]

Bitcoin has doubled in value in a month. Here's why

A month ago, a single Bitcoin was worth around $2,000. It has doubled in value since then.
The price of bitcoin broke through $4,000 on Sunday, a new record, and has largely stayed above that level since, according to digital currency news site Coin Desk.
The dramatic price rise marks the latest milestone in bitcoin's stellar growth in 2017 -- it's already worth more than four times its value at the start of the year.
Experts say it's difficult to determine the exact cause of the latest jump, but they point to three factors that are helping to drive prices higher.
Get the chart about "Change over the period" for Bitcoin and Bitcoin Cash.
  1. Bitcoin cash Bitcoin was wracked with uncertainty two weeks ago when the digital currency split into two -- the original bitcoin and a new, cheaper offshoot called Bitcoin Cash.
The new unit was created by a group of people who differed with the bitcoin community's view on how to make the currency easier to use.
The creation of Bitcoin Cash -- worth less than 10% of bitcoin -- appears to have gone smoothly, and that could be making bitcoin more attractive too. (Anyone who owns bitcoin also owns the same number of Bitcoin Cash units.)
"The record-breaking price levels would seem to indicate money coming into the market that had been held back pending the uncertain outcome of a split of the bitcoin network," Coin Desk said.
  1. The promise of faster payments The main advantage of Bitcoin Cash is its new software that allows quicker transactions. Bitcoin is also trying to increase transaction speed by tweaking its own software.
It's called "Segregated Witness," a change in bitcoin's rules that would allow people to put more transactions on each block of code used to trade the digital currency.
SegWit2x, as it is also known, is set to roll out later this week. "It isn't fully clear what is driving the rally - although certainly SegWit2x is playing a leading part," said Charles Hayter, CEO of digital currency website CryptoCompare.
"Although there are uncertainties, this is an epochal moment in bitcoin's evolution and opens up [an] option for how it can grow," Hayter added.
  1. Demand from Japan Japan has a mixed history with bitcoin. The founder of one of the currency's top exchanges, Mt. Gox, was arrested by Japanese police in 2015 and is currently on trial in the country for embezzlement.
But the current bitcoin rally appears largely to be driven by users in Japan, who accounted for more than 40% of trading over the past 24 hours, according to CryptoCompare.
Source: CNN
submitted by Evileeina to Bitcoin [link] [comments]

Why buy options rather than actual currencies and does anyone have experience with iqoption platform?

Brand new to this crypto-thinggy, registered in iqoptions and started test-trading over the last few days. Only now, after a conversation with support, do I realise I haven't actually bought currencies but rather options :). Any knows why someone would (knowingly) prefer that to buying actual currencies? What's the pros and cons to trading like this?
submitted by primipare to CryptoCurrency [link] [comments]

Worrying ICOs of Spot Option and IQ Option WARNING

Hi I am glad icocrypto exists because as a crypto trader and a big enthusiast I want to do my part to keep this space clean. I have been observing a worrying trend that I wanted to share my opinion on and alert fellow investors and traders on giving real hard facts that could save us all, collectively, a lot of money and emotional pain. There are some major fraudsters, conmen and scam artists that are soon looking to ICO and not 1 dollar of the crypto currency communities money should be given to them ESPECIALLY after the STOX ICO which later was exposed as a scam. Read here for those who missed it: https://www.reddit.com/Bancocomments/6o34fz/heads_up_for_those_who_intend_to_invest_in_the/
Around 9 months ago I lost a friend. He was around my age and also a consultant to one of my fledgeling businesses in the Quebec region. At first I thought it was some hoax or prank but he had mentioned to me about some personal problems he was going through during our working relationship. Little did I know the situation was far darker and serious than he had led on, otherwise I would have helped. I am talking about Fred Turbide who killed himself in his garage leaving behind a sad and bankrupt family. He was lied to and cheated out of his live savings by an Israeli binary options company called 23Traders. You can read the whole story here none of this is made up https://www.timesofisrael.com/fleeced-by-israeli-binary-options-firm-canadian-man-commits-suicide/
Based on my research 23Traders is a brand of Spot Option, an Israeli company that owns 70 percent of the binary option trading market. The founders of this company known as Pini Peter and Oren Shabat and some guy called Semi Vahap, have been indicted for fraud/money laundering and their subsidiary brands like Banc De Binary (one of the biggest binary option scams that was ejected from USA and shut down). You can read about this in their OWN WIKIPEDIA page: https://en.wikipedia.org/wiki/SpotOption
For those who were taken in by the STOX ICO scam where they swindled around 30 million dollars from crypto investors, you will never see any return on that share again. STOX as the reddit thread i have posted above proves, is basically the same team of ANY OPTION another SPOT OPTION brokerage. ANY OPTION has scammed thousands of clients, been fined repeatedly and was "bought out" yeah right. They rebranded to invest.com and ICO'd a company that has no real traffic, lying about their figures.
Having dabbled in binary options before, I knew it was a fun way to trade where one could make a lot of money but after my broker IQ option (I will talk a little bit more about them later in this post because they are planning to ICO!) decided to lock me out and deny me my wins, that is where i knew I was dealing with a sinister set of people. To my dismay, since I hang out at Forex Peace Army which helps keeps traders like me alert for new scams, I found out that these Isreali binary scam brokers are now looking to ICO so they can pull off a giant scam only this time with THE PUBLIC'S MONEY!. https://www.financemagnates.com/fintech/news/exclusive-spotoption-announces-blockchain-based-trading-via-spotchain/
Spot Option is the first one that is looking to ICO and then I found out today that IQ Option, the company that stole my deposit and regularly stops traders from being awarded their RIGHTFUL gains and wins, is also looking to do an ICO. http://www.financemagnates.com/forex/brokers/iq-option-teases-upcoming-ico-limited-tokens/
Here is the truth about IQ Option: They pay hundreds of people including their employees to write good reviews including affiliates who write fake 5 star reviews. The truth however is very dark you can read it here http://brokerscamalert.com/iq-options-review/
and most importantly, Forex Peace Army which actively hunts down these bucket shops paints a very different reality. You will see in this post that there are hundreds of threads of customer complaints of outright denial of withdrawals, manipulation of price data and even threats issued by this company to clients: http://www.forexpeacearmy.com/community/search/6362854/?q=iqoption&o=relevance Only the problem is you don't find these reviews on page 1 or 2 of google so easily so many people get duped. If you know where to look, you can easily find them and the truth emerges.
Before Spot Option and IQ option type of brokers entered binary options actually it was fun and fair and regulated brokers existed but these firms completely destroyed everything by greed and praying upon the hope of the desperate. Do not fuel their intentions or fall prey to their lies. I have so much evidence if any one has questions I will post more.
Please DO NOT give these scammers any money, they have already swindled millions from poor people around the world and now want to use the "lack of information" in the crypto currency about what really went on in the binary options space to create scarcity value and try and hype up their scam. Please post here your responses. I am not promoting anything here I just don't want these leeches to steal any more money.
-danpirung
submitted by danpirrung to icocrypto [link] [comments]

[uncensored-r/CryptoCurrency] Is iqoption a scam? Maybe…

The following post by badjano is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/78jro6
The original post's content was as follows:
(PROOF BELOW) I started playing with iqoption on BTC a few days ago. I started with R$200 ( which is around US$62 ) and divided it into 2 positions, one multiplied 5 times and the other one 10 times, I lost the second one when it reached 95% of loss, I was playing double or nothing so I was ok with that. I played around with the first one a bit and saw an opportunity to invest some more so I bought R$100 more and put it on 5 times multiplier too along with the other one that I still had going. I stopped opening iqoption app and was monitoring bitcoin value from an extension I have on chrome, I noticed I was losing some money because BTC dropped a little today, but not enough to reach stop loss. So I decided to open iqoption app to see if everything was fine but I noticed the older position was not showing on the graph, so I went to look on the trading history and it was logged as closed a few minutes earlier with 36% loss, but stop loss was at 95% and I did not close that position! I went directly on support outraged, believing it to be a flaw on their system, the support delayed a bit to respond and then said it was going to be sent for technical evaluation and I would be contacted within 1 business day. On the way back home from work, still upset, thinking about what happened because I had a 16 chars password on iqoption, and only used it on my home computer and at work, both protected by another password on my windows user. The other access was my phone, which was in my pocket the whole time, anyway, I don´t believe I was hacked. So I started thinking about the other possibility, and caught myself thinking that if every now and then iqoption closed some position on loss, not a large one but little ones, that wouldn’t make too much noise, but how much money would they get from that? I know I can’t accuse them of anything yet, and I don´t have any proof, but either way, if their system is faulty or they intentionally do that from time to time, both alternatives sound terrible, in my opinion, so I decided to share what happened. Maybe it had happened to someone else and no one ever talks about it. I know one thing, I can´t trust them anymore, and I’m very upset because even though I was losing money, it was kind fun gambling a little, but I learned my lesson.
edit: They closed another option of mine without my consent, this is getting ridiculous, I have proof, thank god! https://imgur.com/08sTHIa, more info https://imgur.com/wbdxOJm
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

LiteBit

LitBit, Start buying and selling crypto currency today! http://bit.ly/2B1h4Bd
et d'autres Trade:
====== ICI on a entendu des rumeur , mais pas d’information pour le moment ! ====================
Chain Goup , a new long-term investment program that. It is a group consisting of several investment programs , automatic trade, offering variable rates ranging from 0.1% to 10% per day. In addition, part of our investment is reimbursed if the program on which we have invested is no longer payable: http://bit.ly/2z6rgmA
END - FIN
M'y WebSite, List ICO and Earn Bitcoin, Cryptocoin: http://bit.ly/2xNus8Z
submitted by riricoin to u/riricoin [link] [comments]

[uncensored-r/Bitcoin] Bitcoin has doubled in value in a month. Here's why

The following post by Evileeina is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
reddit.com/ Bitcoin/comments/6zmsv2
The original post's content was as follows:
A month ago, a single Bitcoin was worth around $2,000. It has doubled in value since then.
The price of bitcoin broke through $4,000 on Sunday, a new record, and has largely stayed above that level since, according to digital currency news site Coin Desk.
The dramatic price rise marks the latest milestone in bitcoin's stellar growth in 2017 -- it's already worth more than four times its value at the start of the year.
Experts say it's difficult to determine the exact cause of the latest jump, but they point to three factors that are helping to drive prices higher.
Get the chart about "Change over the period" for Bitcoin and Bitcoin Cash.
  1. Bitcoin cash Bitcoin was wracked with uncertainty two weeks ago when the digital currency split into two -- the original bitcoin and a new, cheaper offshoot called Bitcoin Cash.
The new unit was created by a group of people who differed with the bitcoin community's view on how to make the currency easier to use.
The creation of Bitcoin Cash -- worth less than 10% of bitcoin -- appears to have gone smoothly, and that could be making bitcoin more attractive too. (Anyone who owns bitcoin also owns the same number of Bitcoin Cash units.)
"The record-breaking price levels would seem to indicate money coming into the market that had been held back pending the uncertain outcome of a split of the bitcoin network," Coin Desk said.
  1. The promise of faster payments The main advantage of Bitcoin Cash is its new software that allows quicker transactions. Bitcoin is also trying to increase transaction speed by tweaking its own software.
It's called "Segregated Witness," a change in bitcoin's rules that would allow people to put more transactions on each block of code used to trade the digital currency.
SegWit2x, as it is also known, is set to roll out later this week. "It isn't fully clear what is driving the rally - although certainly SegWit2x is playing a leading part," said Charles Hayter, CEO of digital currency website CryptoCompare.
"Although there are uncertainties, this is an epochal moment in bitcoin's evolution and opens up [an] option for how it can grow," Hayter added.
  1. Demand from Japan Japan has a mixed history with bitcoin. The founder of one of the currency's top exchanges, Mt. Gox, was arrested by Japanese police in 2015 and is currently on trial in the country for embezzlement.
But the current bitcoin rally appears largely to be driven by users in Japan, who accounted for more than 40% of trading over the past 24 hours, according to CryptoCompare.
Source: CNN
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

OK, lets put our feet on the ground and talk about OTN

Hello everyone, i just found out these days about OTN, and all in all, its a really good idea, and i see that it have potential, but lets talk about how things work.
First of all, there are 1000+ alt coins running around plus a lot more ICOs and similars like OTN on the field. Its a crazy number, and a few years from now, 99% of them will die. Thats a fact.
As i see, the ones that survive will be the ones that can do something useful on the real world economy. Wich ones? no one knows. Its all a huge gamble at this point.
So, lets start with the positive things...
1 - No more exchanges hostages
The idea behind the OTN is a very solid one, since as you can all see, the existence of the exchanges go against one of the principles of the Cryptocoins: Decentralization.
The exchanges where you trade your coins holds on their wallets a big chunk of the circulating currencies, and even if the exchange have a good reputation, there is nothing that stops them to close the doors overnight and keep all the clients coins. (This would probably collapse the coin markets, but yes, it is possible).
2 - Reduced fees
If something like the idea of the OTN works the right way, that would mean the start of the end of the exchanges, or at least their exorbitant fees (come on... 0,02 BTC to withdraw, when the average network fee is 0,00014?)
If what i read about the project is right, there would be no central exchange in place, and all the transactions would be processed by the "forgers" (Somebody correct me if im wrong, but this would work in a proof-of-stake system), and the fee of processing transactions would reduce a lot, since it would use less power and there wouldnt be more than one transaction in place (Today, you have a transaction fee to transfer from your wallet to the Exchange, another to make the trade, and another to transfer back to you personal wallet)
3 - Decrease of difficulty to buy and sell Cryptos (and products)
IF (and only if) the OTN system make it possible to buy the currencies with fiat, it seems this would make the process pretty easy, and with that, increase the possibility of the cryptos be accepted by people outside the financial world
Cause in the long term, if the general population do not recognize the cryptos as actual useful money, they will die.
Now now, its time to go through the shady and weird things...
Starting with Distribution
So there will be 3 ways of distribution of the coin:
A - IQoption trades B - Wallet Owners C - To whoever have coins
B and C seems ok to me, since they wont cost anything (unless they charge for the wallet), and will reward early adopters and enthusiasts
But the problem is the A...
At first glance, the idea seems good. You do your normal trade operations, and in the mean time you get a reward fo using and specific plataform. Something like a milleage program.
But here is the catch: the fee to trade Cryptos on IQoption, that are actually CFDs, since you dont buy any coins, is now 10%
10%
that means that any trade you do, you already lost 10%, no matter the outcome. Not including the absurd Spreads (US$ 30,00 on BTC at the moment of this writing)
Nowhere on the market you will find a broker or exchange that have this fee, or this spread.
Now lets do some math (The prices is in BRL, cause that is what i used to test):
I put buy order (IQOption you only buy at market price)of $19,80. IQoption Charge me $1,84 (10% fee) for the transaction, and reward me with and estimate of 0,048 OTN Tokens (wich will go down till the day they give the coins). if i trade this for 0,048 OTN to bitcoins then to $ i would recieve $ 3,07. Well, there is no fees on this math, but lets say i would pay the absurd 10% iq option charges, i would still keep around $2,70
Good payout right? im actually recieving to trade... But here is to scenarios that might happen
The other weird thing is: why IQOption? There is a lot of exchanges around that could have a better impact on the Crypto community, and get a lot of atention around this first round of token distribution, even the ones that already trade OTN...
The answer i think is this: IQoption is the first thing you see when you start googling for the first time in your life 'how do i trade currencies'. IQOption have a lot of ads running around everywhere related to the markets. This probably attract a lot of people that think it is easy to make money on the market. Easy is the key work here guys.
And btw, IQOption isnt the most reputable broker around. You only have to go a few pages ahead on the google search to find a lot of controversy.
And for the last, a few questions popped on my mind that i still dont have answers:
Ooof.. thats a big one wall of text. Cant do a TL;DR because the devil is in the details...
Please, lets have a unbiased discussion (im looking at you IQOption representative that answer all the posts here).
This might be good. But might be a total trainwreck.
submitted by phgnomo to Open_Trading_Network [link] [comments]

The 7-Minute Rule for Iqoption trading robot IQ option Crypto currency IS 100% SCAM! How trading ripple on iqoption How to make money with Crypto Currencies on Iq Options 2 Minutes Strategy Binary Options 2020 (IQ Options) - YouTube

IQ Option is a cryptocurrency trading platform, as well as a licensed and regulated broker for CFD transactions — with a monthly trading volume of more than $11 billion license cysec 24/7 customer Crypto trading with IQ options. An IQ option is a platform that offers the widest t range of cryptocurrencies as compared to other platforms like CEX and Coinbox. Some of the biggest names in the crypto world like Bitcoin, Litecoin, Ethereum, Dash, Ripple, and many others are some of those offered on IQ options. IQ Option is a member of the Investor Compensation Fund, which has been specifically created to provide protection and secure clients' claims in the event when brokers are not capable of fulfilling their financial obligations. IQ Option newly implemented distributing OTN tokens which you can receive by trading cryptocurrencies. OTN Tokens are received every Monday depending on your trading volume of cryptocurrencies in the past week, but if you have created at least one crypto trade, you will receive some small portion of them. IQ Option is one of the world's leading online trading platforms. Seize your chance to trade a wide variety of instruments, using top-notch instruments and analysis tools. Join now! We use cookies to understand how you use our site and to improve your experience. By clicking “Got it” or by continuing to use our website you agree to their use.

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The 7-Minute Rule for Iqoption trading robot

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