@zenthereum
@zenthereum
Gambling time soon - Altseason Can we have a repeat of 2016-2017 between 2020-2021? This is the real question. Is it possible for Bitcoin's price to reach 100K and perhaps more during the next two years? It seems that everyone invested now are people that already made money from Bitcoin in the past and for these people, there is no risk, as they just trade or invest a really small portion of their profits (just in case) and the people that begun speculating with…
@zenthereum
The Evolution of Gaming **Get paid to play!** I'm not joking this is the future of Online Gaming. For a few gamers, this is their present as well. We will all get paid in the future to play games and some of us might even make this their daily job! The efforts of a few developers to create blockchain games that reward their players is really interesting. If they manage to built this correctly allowing their users to profit, the major video game coprorations will follow.…
@zenthereum
Next Difficulty Adjustment Might Cause Real Problems The next difficulty adjustment for Bitcoin is expected to be at least +15%, meaning that the miners that turned on their machines, will once again shut them off. It is expected that the difficulty will be adjusted this Tuesday on block 635040. https://diff.cryptothis.com/ Bitmain is in a civil war right now, with an inside battle for power escalating after Micree Zhan physically took over the Beijing headquarters and…
@zenthereum
Youtube bans Bitcoin.com [EDIT]: The official youtube channel of Bitcoin.com is back up again. Youtube has terminated the official youtube channel of Bitcoin.com. The account link was this: https://www.youtube.com/channel/UCetxkZolEBHX47BqtZktbkg and as we can see the youtube termination message: Roger Ver posted a video on Reddit a few hours ago about this and explains that the termination of the account happened for no reason at all. I suggest watching the whole video if…
@zenthereum
Why We Should Ban Central Bank Digital Coins - (CBDC's) **CBDC's. The government's answer to cryptocurrencies.** **China** is already there and right now they are actively testing their digital yuan which they named DCEP (Digital Currency Electronic Payment). China is moving into making cash obsolete and switching all payment networks to their digital yuan. Paper money will be removed from the market progressively and eventually inside China the only legal way to transact…
@zenthereum
Governments planning Crypto Ban It seems that there are no relaxing moments in the crypto world, as various governments are once again trying to create a climate of fear on cryptocurrency enthusiasts and under many circumstances are trying to either stall or completely ban the use of cryptocurrencies. It is already known that China banned cryptocurrencies in 2017 and they don't allow the use and trading of digital assets inside their borders. India had announced a couple of…
@zenthereum
Reddit asks Ethereum to solve their scaling issues The "Front-page of the Internet", Reddit, has asked the Ethereum Community for help. Reddit has already introduced "Community Points", which is a sort of appreciation token for quality posts and comments given to members of various Reddit communities for their efforts. https://www.reddit.com/community-points The fact is that they have not being used by many so far, and they are not a central part of using Reddit. So far from…
@zenthereum
The Plus-Token effect is back Plus token seems to be on the news again bringing uncertainty in the markets as usual. The Plus Token Ponzi-scheme that is reported to have extracted more than 3 Billion USD all in form of cryptocurrencies collapsed last summer, and they even announced their exit scam adding a note in a transaction "Sorry, we have run". In total the amounts of cryptocurrencies this Ponzi amassed were: 180,000 Bitcoins 6,4 million Ethereum 26 million EOS ~500…
@zenthereum
Send BCH With Your Email Bitcoin.com announced the integration of a new service in the platform that offers users the ability to send Bitcoin Cash through email. It offers low transaction fees based on the Bitcoin Cash network and the funds can be automatically refunded in case they are not claimed by the recipient. The service can be found on this link: https://send.bitcoin.com/ Send.bitcoin.com offers complete financial freedom to transact with anyone in the world by…
@zenthereum
Current State of Defi Nonsense I've taken a look at DeFi lately. The lending part at least which has dominated the interest of everyone. I concluded that DeFi is similar to Ponzi schemes and offers nothing at all. It produces nothing and probably going to collapse massively. Lending with crypto collaterals and claiming that these smart contracts offer financial freedom from banks. No trust scores, everyone can borrow. For sure. **1st Red Flag:** What exactly do you use as…
@zenthereum
Paypal and Crypto The news lately was that everyone that uses PayPal will be able to buy cryptocurrencies through some sort of instant exchange inside the PayPal app, which would probably connect to one of the regulated exchanges in the US. It was indeed huge as news (or rumor perhaps) as Paypal has more than 300 million accounts, possibly each one representing a single person or entity. In this post, I'd like to **briefly discuss two subjects**. 1. Cryptocurrency options…
@zenthereum
New Defi Exploit - Balancer On an article I've posted two days ago (link) I discussed what I see as dangers in DeFi and why I see this as a high-risk investment. https://read.cash/@zenthereum/current-state-of-defi-nonsense-e826e248 Basically, I've explained what I see as red flags and the reasons why we should be afraid to get involved in this craziness. **@Read.Cash** replied to my post and was on spot pointing out that more hacks will certainly happen and these smart…
@zenthereum
Binance sents 300m USDT back to Tether Back in 2018 Tether's market cap was close to 2,8 Billion, and it was the first time when they actually stopped printing USDT and instead started burning tokens to reduce the total supply and stabilize towards the USD. Tether did burn 1 Billion USDT in a few months between September and December 2018, with Bitcoin's price diving to 3K at that time. There was recently a report of Binance sending 300million USDT back to Tether reserves,…
@zenthereum
Bitcoin Indicators Post Halvening This is not a technical analysis. I make a few trades per year if I see an opportunity but I don't day trade. These are a few indicators that I take a look at on a monthly basis and might or might not have a direct impact on Bitcoin's price on certain occasions. I think they are all somehow important as the dust after the halvening has settled and we now look how each of them played out. **Google Trends** The first one is **Google Trends.**…
@zenthereum
Sponshorships Frankly it took me a while to figure this one out. Somehow I was under the impression that the sponshorship option was "on" for all members and I only began wondering about it after I saw many members getting a few people sponsoring them. Honestly it didn't bother me much, as my posts didn't have much visibility either. Only lately I started having more than 10 views on each and I had to do searches to figure out how to enable the sponsors option on my posts. I…