05-13 23:24 - 'Stop trading and losing by yourself ⚠️Stop risking all your funds💰 and giving them to IQoption or any other broker Invest with us and we trade for you and get your 100% profit after 7days of investing Dm me no...' (i.redd.it) by /u/realcashtrader3 removed from /r/Bitcoin within 0-8min
For the heck of it, I've been collecting DNS stats from a node I'm running. Here's all of the DNS stats for the last ~8 hours. I do not have Streaming ON, but somehow see domains about streaming services... also includes porn sites, dating sites, gaming sites login, sketchy sites...
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!
1. How do you registeclaim your EOS tokens before June 2018?
Select Metamask, MyEtherWallet, or Ethereum Wallet
Follow the guide.
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.
2. How will the token the ERC-20 EOS tokens be transferred to the native blockchain?
There isn't one! Read the long answer then read it again, registering your Ethereum wallet is mandatory!
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:
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.
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.
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.
6. Which consensus mechanism does EOS use and what are Block Producers?
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.
“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:
Command Line Interface (CLI) tools
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?
Potential to scale to millions of transactions per second
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.
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.
11. EOS is an ERC-20 token, how can it possibly be a competitor to other platforms?
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.
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).
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."
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).
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.
“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.
14. Where is the money going from the token distribution?
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.
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.”
A more complete list of EOS projects can be found at eosindex.io.
16. Dan left his previous projects, will he leave EOS?
When EOS has been created Dan will move onto creating projects for EOS with block.one.
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.
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."
18. If block producers can alter code how do we know they will not do so maliciously?
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.
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:
Reach consensus on subjective matters of collective action that cannot be captured entirely by software algorithms;
Carry out the decisions they reach; and
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:
Block producers propose a change to the constitution and obtains 15/21 approval.
Block producers maintain 15/21 approval of the new constitution for 30 consecutive days.
All users are required to indicate acceptance of the new constitution as a condition of future transactions being processed.
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.
Block producers maintain 15/21 approval of the new code for 30 consecutive days.
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.
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."
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
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I've been considering it. But I'm stuck. Everything is confusing, now at least. I'm sitting with eToro, Capital.com and iqoption.com (which oddly is marked as malware by MalwareBytes Labs - whatever that means), and don't know what way to head. Does Reddit, hold a smart head that can help me out? Thanks :) Oh... I must say, that it needs to have a live graph, you can follow. I may also say, XMR needs to be included and mainly binance.
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
[uncensored-r/Bitcoin] ****BREAKING NEWS****COINBASE BAN - Chase, Bank of America, Citi and Capital One - Credit Card De...
The following post by IQOptionCoin is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7vkw2j The original post's content was as follows:
[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
[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.
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.
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.
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
The following post by Solidhades93 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: np.reddit.com/ Bitcoin/comments/7im9pq The original post's content was as follows:
one person told me that she was an iqoption trader and told me to invest in btc that she would buy $ 300 in btc and send it in that direction and that she would trade for me that in 7 days she would have $ 3500, I trusting that person send my btc more than 20 minutes ago and he does not answer me
IQ Option Review || Demo Account, App Download FRee
• IQ Option Review • IQ Option Review - What is IQ Option? Does IQ Option System really work? How does IQ Option work? Is IQ Option App Scam? Learn the real truth about IQ Option in my honest IQ Option Review below: IQ Option Overview Product complete : IQ Option Niche: Binary Options Official website : iqoption.com Money-back Promise : Yes (2 months) Delivery amount : Fast Delivery Download: Free IQ Option Review IQ Option is a unique binary trading software system that has been designed to make profiting from binary options easy for practically anyone in the world. If you are looking for an honest IQ Option review, continue reading. Have you been thinking about taking part in the binary options trading market? There are a lot of ways for people to become involved in trading these options, but there are inherent problems that come along with any sort of options trading. Many people have traditionally needed to know a lot about the market, so that they could make the right choices, and increase their odds of profiting. This has basically kept the industry closed to outsiders, and anyone who does not have previous knowledge about the market. What is IQ Option? IQ Option is a system that was carefully created to help people make money with binary options trading. Unlike the traditional method of following the options, reading about the different trades, and trying to stay on top of the industry manually – this is a completely automated system. It takes advantage of special IQ Option, which can be used by anyone, no matter how much they know about trading, or how much they know about using a computer. Like all programs that are intended to help you earn money through trading binary options, the makers of IQ Option promis a lot. The question is, of course: can it really do everything that it is meant to? Firstly, take a look at the features that the system comes with: It is completely free to use, and you will never be asked for money for its use in the future. IQ Option only works with completely legal networks and brokers. It will work all over the world. You don't have to download the software, because it is based online. This also means that it will work through web browsers on any type of PC, smart phone or tablet with internet connection. This system is guaranteed to increase your chances of making big profits by trading in binary options. You will be able to access your money easily, at any time after earnings are made. This seems like a great set of features, especially the part about not costing anything. However, keep reading to find out how many of these things are actually true. ====>> CLICK HERE TO GET IQ OPTION DEMO WITH $1000 <<==== How Does IQ Option Work? The IQ Option must be accessed before you can start to use the system. This can occur once you have completed the free registration. We were able to complete this with ease, and it did not cost any money. So far, so good! Next, the system allowed us to invest some real money, by transferring it into our own private trading account. This money was not used to pay for anything in the IQ Option program, and it was our money entirely. The system uses special “signals”, which are basically pieces of information about what trades should be made. Using these signals, the software began to do all of the hard work for us. In fact, there was practically nothing else to do after this point, apart from sit back and watch. Of course, you do not have to actively watch, and you can just leave the software to trade your money for you. In a small amount of time, it is possible to start seeing real profits from the small amount of money that you decide to invest in the beginning. It is actually amazing to think that the software was able to do everything by itself. Even though an IQ Option download is not necessary, and there is no installation, the web-based software is extremely powerful, and there were no problems at all. Is IQ Option Scam? One of the main reasons that many people miss out on good opportunities, is that they are worried about being scammed. There are other companies around who are pretending to be involved with this trustworthy binary trading software system, and they are giving IQ Option a bad name. You have probably seen a lot of different “money making schemes” on the Internet, but this is not one of them. We had no trouble accessing our profits, so it is disturbing to learn that people are falling victim to scams from other groups. Pros of IQ Option:-
IQ Option is completely free of charge;
IQ Option is fully automated;
The system is available as a desktop and browser-based software;
The system is very easy to use;
It gives you the ability to trade currencies and stocks;
Allows you to make up to 95% per trade;
Multiple trading signals updated each day for maximum profit;
24 hour access to the trading signals and software.
Cons of IQ Option:-
Must have PC, smartphone or tablet with internet connection.
Must have about an hour a day to use it.
While you can trade a lot in a day with 60 second binary options and potentially make a lot of money, you could also lose a lot. “Over-trading” is common among new traders who want to try to catch every market move, but these aren’t likely high probability trades to win. Good set-ups often take time to develop, and therefore by using 60 second binary options you may be distracted by mediocre or poor trade set-ups, missing the good ones. Is IQ Option Worth It? If you have a little bit of time to spare, and you are willing to take a look at a new piece of software, which is quite easy to use – you might want to join up. This IQ Option review was written by people who are interested in sharing the best money-making methods that are available online. IQ Option delivers, there is no question about it. Trades based from the software are scoring over 88% in accuracy. The key to making money with IQ Option is to get started. The longer you debate about whether or not to pursue this path, the less money you can make as opportunities fade into the past. Don’t delay, get started today and see what the future can bring you. IQ Option makes it easy to get in on the binary options markets no matter what your experience level or the amount of funds that you have to invest.
IQ Option is a licensed broker, they have 20 million user accounts, the US citizens are not allowed to register with them though as they are yet to apply for the US license. They have added crypto assets recently in a bid to shift from options to crypto and forex derivatives. IQ option is a binary options broker whose foremost concern is to provide a secure and enlightening trading solution through a very flexible and trouble-free environment for investors, in order to construct them for a successful trading career. IQ Option Complaints. There are both positive and negative reviews, which are standard for such a huge broker. Some traders have lost money thanks to their trading and simply appear to be posting angry comments while some have complained about the demo and real account being different (as a note, we haven’t experienced a difference between Real and Demo). IQ Option was presented to the market in 2013, Russia was first to see and use the platform, and among Russian traders it quickly gained a strong reputation and became very popular in a short period of time. This allowed IQ Option to develop and spread further, so soon it became known in European countries, China, America and so on. Reddit gives you the best of the internet in one place. Get a constantly updating feed of breaking news, fun stories, pics, memes, and videos just for you. Passionate about something niche? Reddit has thousands of vibrant communities with people that share your interests. Alternatively, find out what’s trending across all of Reddit on r/popular.
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