On today’s episode of The Cryptoverse…
Market Roundup 1:24
Exchange Safety Ratings 5:42
Poloniex Trades BCH Split 8:42
Venezuela BTC Volume Record 11:22
Feed Chickens BCH 12:15
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I started to write a reply about the security ratings, but it got a bit more involved, so I wrote a post instead, called "Python Script for Rating Crypto Exchanges for Security" I hope you like it, as it was inspired by you (and you were referenced). Let's just say, "python" might not be what you think.
And if you you doubt my credentials in cryptocurrency, and might not trust some of my research, just know I started REALLY early on Like most of you, I started mining on the bock bock bock-chain, otherwise known as Chicken Mining (this should give you an idea of the type of Python script I'm referring to).
Regarding Exchange Ratings: So Bittrex near the top, Binance in the middle and OKX near the lowest bar for safe crypto Exchanges.... Are there any numbers assigned to the degree of security? I'm thinking about how to determine the value of the generic rating. If the scale is 0 to 100, and continuing to make up numbers, we say that Bittrex is 95, Binance is 89 and OKX is 22, then I have a better understanding of what "in the middle means." If Binance is 50 in the above example, I then know that "in the middle" means a significant drop in security level between them and Bittrex.
thankyou for explaining under and oversold, ive only just understood. i think you are precise, honest, have integrity and you have a great visionary outlook, well done Chris, keep up the good work !!! I love watching Dallas Rushing, Kent, Crypto Dunker and Jeff Berwick but i think your research is a cut above. Loving your videos and i feel as though ive found something every morning to look forward to. Thankyou very much indeed !!!
Ba, ha, ha! I liked the joke at the end! That was Plucking funny! Always a pleasure Chris! Thanks!!!!
Question for Craig Wright, do you feel used yet by Roger yet? He took you in for your fan base and now he's going to spit you out. As much as I don't like Roger, he had the kahunas and money to back his B Cash. Craig, if you where so in-tune with Satoshi's Vision, you would have stayed with BTC.
You both stand to profit millions by spiting B Cash short term, unfortunately some investors will lose in the long term. Sad......
Wow. Your anouncements get more scary every day. I thought Haloween is over. :-) Anyway your presentation is informative and entertaining as expected. Great. Thanks.
So what will happen to the chickens when Bitcoin cash forks?
Great material, as always.
Regarding the Venezuela BTC volumes - not without a reason blockchain is hailed as the solution for the unbanked, but also as a remedy for the inherent government corruption. I am looking forward for more crypto-adoption in other third world places, and in the emerging markets as well (I am looking at you Argentina and Turkey). Hope the first world will then follow en masse.
Very interesting about WAX! As far as I know, it is still an erc-20 token?
Massive activity we are seeing in Venezuela! I wonder who is trading BTC there at such scale because normal people in there don't have the means to do it.
Cheers
You said it a couple weeks ago and here it has already happened @marketingmonk! Trade.io is now set to create the first crypto-backed FX trading platform. https://medium.com/@trade.io/were-launching-tio-markets-e078a34b9109 How do you see this stuff before it happens? Kudos!
The ratings of exchanges would be great as they woukd force them to not only to compete by listings and prices but also with security of the network which is still a key factor to improve adoption in general. I am also surprised that Binance is in the middle but that could be a factor of its size in both listings and volumes.
Back in the day we sold candy to fundraise. We went with $.50 because less than a dollar didn't feel like real money compared to $1.00. It's the same here. Good call!
Blockchain tied with IoT. very cool
I only use bittrex, coinbase, an binance for now. I can't risk it with the other exchanges.
you know there's a Portuguese saying like that: "grão a grão enche a galinha o papo" (grain by grain the chicken fills her belly) ahahaha...