On this weeks episode of The Cryptoverse livestream we'll be doing Q&A, price movements, technical analysis and catching up on all the news.
This gives me an opportunity to empty out my news pool of items that I didn't get time to cover this week.
Edit: The recording of this livestream and links to the stories are now available here:
https://steemit.com/cryptocurrency/@marketingmonk/5qn5z1nt
CME contract volumes have been lower because they trade blocks of 5 BTC vs CBOE using 1 BTC. Futures will always impact the underlying asset as if prices drift too far apart, they will bring arbitrage opportunities.
This is @em3 writing and upvoting from my curation account. I wanted to drop a bigger dime than I can from @em3.
I plan to attend the livestream on YouTube. Here is my question....it is perfect for you, but not exactly a crypto question....
With YouTube's latest round of monetization restrictions, should I try and fight for my YouTube channel (em3 Making Metal Mine) and keeping it's monetization? (I'm only about 1/5th the way) Or just keep the channel for free video hosting and a wider audience pool, but not make a big effort to gain subs and hold monetization? Or abandoned YT with a pout and a huff and only ever do Steemit and dTube from now on?
XD
Thanks!!
Looking forward to the LS!!
So...I was expecting this was for today....but since you LiveStreamed earlier... I think your YouTube got setup wrong for another Livestream today(Friday USA), not Feb 2nd like the title actually says.
is it an idea to develop SMT smart media tokens for your business? Almost like a case study, just thinking out loud. Btw is steemit going to be ported to eos?
As far as Bitconnect is concerned, I can understand why people were "fooled" just by considering the naiveté of the members in several coin and exchange Telegram channels. Some have no idea what the purpose or value of the cryptocurrencies they are "trading". They are only looking at the possibility of making money. They do no research; don't seem to even know how to. And once one of these "noobs" (not meaning to use that term in a derogatory manner - I think of it as the same as "newbies") chooses a favorite coin, they see nothing else but the ups and downs of price. It is really sad. They need to research what cryptocurrency is, what solution is being solved, who is behind the organization, etc. All the considerations that will determine validity and risk.
There are a thousand voices pointing out how all these High Yield Investment Platforms (HYIP) are a variation of the ponzi scheme.
People ignore this advice because they are motivated by GREED.
Sure...if you don't care about ethics you can get in early and triple YOUR money. But by even joining up you are funding and supporting a dirty system.
And the "referral profiteers" are even worse. They show how they were making hundreds or even thousands. And say see it works, it's safe, it's wonderful. But they make their hundreds and thousands on the backs and on the losses of everyone that listens to them and joins up. They, either intentionally or ignorantly, are con men. With the high-yield investment platform owners being the chief con men.
Question: Is it possible to rejoin a fork to his original blockchain in a later stage?
I suspect the answer is no. Each blockchain (original and one from the hard fork) would have a different "history" forming after the hard fork. Thus the two blockchains are unique.
Maybe if they reach a consensus...then only the time between has a different history..?
A fork is a non destructing split, so... It is something to think about...
Maybe it isn't impossible, but a big challenge?
No. I do not think so as the new blockchain is different from the original.
Don't you think that they can sync them and make them 100% compatible again?
(to be honest, I also have my doubts)
The reason that you cannot, is because each section of the chain after the fork would have its own unique Ledger of blocks that are 100% different from the other chain.
Thus, in order to recombine them, you would have to write something in the code in order to have a pair of parallel chains that then recombine, or you would have to surgically insert and "sew in" one unique section after the other unique section and then start the re-combined blockchain from that point on. I don't think that that is reconcilable though. The transaction history.....where it points to previous transactions....is too specific and complex.
Thank you for this explanation. I understand that it is, to say it in your words, too specific ando too complex.
And I think after reading this... OK but not impossible... maybe only 1 change in one million (or less) but not imposible
Nice deep brain work and out of the thinking...
@marketingmonk maybe can answer this for us.... I don't think so but I am no expert.
I hope so too...that's why I pined it on his blog
That is not possible. It's like trying to merge 2 versions of history, one of them would have to be discarded which would have the affect of changing thousands of account balances in an instant.
Mmmmmmm....over at the YouTube Livestream...says it is Live...just waiting for You/Chris. Did YouTube get setup for wrong day/time??
No you probably clicked on next weeks stream which is published after this weeks show was over.
Huh....that could be. Though when I go there now I dont see it.
Also...the Live Chat was open and about 5-10 of us were all in the same confusion....
Is the Live Chat normally open and running all week in expectation of the upcoming Livestream?
Thanks for the reply!
Peace
As a merchant I like the idea of Stripe being a hub. But on principle and as an individual who worries about centralization by finance organization will just support the horrendous economic framework we have today, my concern would be that the majority and largest hubs will be from the traditional banking industry. This is the exact opposite of the principles of Bitcoin.
That being said, the ability for a merchant to have both fiat credit card payment and cryptocurrency payment from one service would for practical reasons (at this time) motivate me to use Stripe (if they used Litecoin or Bitcoin Cash).
Loving the quality of posts / podcasts etc. Still havnt quite go round to joining up to the cryptouniversity. It's on the list... next week I swear.
Like yesterdays stuff on the Weiss's rating reports and the crititism of not enough depth of data.
Looking forward to today.
Is Bitcoin Cash part of the ligtning network or is IT the lightning network?
No, BCC (or BCH) is a different blockchain entirely than BTC.
Lightning is a layer on top of BTC.
Other scaling ideas like Casper, Raiden, or Plasma are for Ethereum.
Be there or be Square!!! Thanks!
wow that will be great man . i have lot questions , hope i will get my answers . Thank you in advance .
Hi Chris,
Here can you see the bitcoin mempool in MB and how much fee they paid per transaction: https://dedi.jochen-hoenicke.de/queue/more/#24h
Hi Chris, bit late to the live show sorry....enjoy your penny (cent) though ;-)
Chris followed your live feed this morning and noticed some followers were not able to tip because of the small QR codes posted.
Short and distort is the method and if your trading on leverage you can sell at today's price 5x of what you have and then go out of your way to scare the market. By rolling over the contract or settling in cash your never generating buys in the market which is important when your talking about delivery of $100 million as this will raise the price.
hola! I like your post! Thanks for it! I went to jail because of cryptos... lets make steemit together to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures? I also just wrote a introduce yourself. Maybe you upvote me and follow me swell as I do? https://busy.org/introduceyourself/@mykarma/1-jail-review-bitcoins-3-years-ago
Did you really read his Post? Or is this just your copy and paste comment.
Yep....just copy and pasting the same comment to a thousand Posts.
This is bad Steemit etiquitte.
@marketingmonk may choose to give you a small flag as a warning. If not him, others are likely to.
Please change your behavior. Only comment on posts that you have read, and you understand, and you are interested in carrying a conversation on with. Do not copy and paste your same comment to every post that you can get to just hoping to get somebody to upvote you or follow you. We are all sorry that you went to jail. But that does not give you a free pass to spam on steemit.