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@zenthereum in July 2020

@zenthereum

Russia In Favor of Crypto I thought there was some sort of deja vu when reading news about Russia banning Bitcoin a month ago. The news was similar to this: May 23rd, 2020: **"Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail"** https://news.bitcoin.com/russia-law-criminalizes-buying-bitcoin-7-years-jail/ I don't have the best memory but I was sure I've read this before. So I began digging and found this: April 29th, 2016:…

@zenthereum

Just trying the short posts option for the first time. Let's see: Vitalik Buterin announced today that ETH 2.0 will reach 100K tps! Scalability trilemma solved?

@zenthereum

Lebanese people are the latest victims of the traditional centralized currency systems. Similar events with Argentina, Venezuela, and Zimbabwe. The printer goes brrrrr and these are the results. Coming from a devastated economy as well, I can understand the significance of these events and how cryptocurrencies can help individuals escape certain events. I've read a comment somewhere, perhaps in a chatbox, I don't remember where exactly. The subject was an upcoming economic…

@zenthereum

Crypto uncertain in Russia Yesterday I posted my thoughts on the subject of Russia banning cryptocurrencies on an article on read.cash. I was thinking that there was no way Russia would ever pass such a bill. There is a growing and large interest in cryptocurrencies from Russia and I still think that they won't ban the use of cryptocurrencies but regulate instead. The regulation will probably contain strict KYC/AML procedures and perhaps Russian exchanges might be required…

@zenthereum

XRP not a security - Chris Giancarlo former CFTC chairman, currently working for a firm under Ripple's payroll. No conflict of interest here.

@zenthereum

Crypto Twitter #Hashtags Twitter reportedly charges companies **1 million USD** for an emoji added next to their hashtag. The price for a branded hashtag does not seem to be fixed but probably negotiable. Four cryptocurrencies own a branded hashtag so far. https://www.mobilemarketer.com/ex/mobilemarketer/cms/news/messaging/22215.html Bitcoin A year ago it was announced that Twitter added the **Bitcoin** symbol next to the hashtags **#Bitcoin** and **#BTC**. Twitter CEO Jack…

@zenthereum

If we begin dropping during July, it will be a bear trap. I'll be selling my kidney for cryptocurrencies in case of another huge dip.

@zenthereum

Points reduced today? I got a lot on Friday but it seems way too low today.

@zenthereum

CBDCs - A Central Bank Tyranny In a previous article that I've posted originally on read.cash I expressed my thoughts and facts about CBDC's. The reason for posting this article is that I am deeply concerned about privacy and human rights which in my life so far I've seen repeatedly stripped and replaced by mass surveillance, state terrorism, and dehumanization. https://read.cash/@zenthereum/why-we-should-ban-central-bank-digital-coins-cbdcs-e0ccfbe1 I named that article…

@zenthereum

The main idea behind lending is to increase production. Lending helps businesses expand, open new markets, research, develop and innovate. Lending helps individuals buy a home and make a family, buy a car and appliances and have a more productive life as a result. What is DeFi lending? We lend our tokens between us with high yields, and hope that the traditional financial system will see this as an opportunity.

@zenthereum

Dogecoin always does these mini pumps but price never survives this high. It might get pumped more but better be careful and don't buy into some ridiculous TikTok video a random dude made. These are not good signs for the whole market. I'd go short if I was trading after everything I've seen last two days.

@zenthereum

Lightning Network - Perhaps the Last Chance We keep reading about the Lightning Network for many years now. It has been so long the development is taking place that most people have already stopped discussing it, or reading about LN. The layer-2 solution is still being tested and not to be used by anyone that does not possess vast programming skills and knowledge of the Bitcoin network. LN was the solution proposed since 2015 to allow Bitcoin to scale and it is being…

@zenthereum

Another Monday another pump! Small one though. I'll be making a few moves on some altcoins that didn't pump a lot lately. Perhaps BCH will see a few really good days this week.

@zenthereum

Onecoin Ponzi Promoters Found Dead By Police Seriously when lowering your ethics enough to begin scamming people or when knowingly participating in promotional activities of Ponzi Schemes and other scams, it comes with dangers. Ponzi Schemes are scams that collapse after no more funds enter their mechanism. Ponzis exactly as pyramid schemes they collapse and the participants that don't manage to exit before the collapse instantly lose all their money. Onecoin was a Ponzi…

@zenthereum

Twitter hacks might be something more than just a giveaway. Also they might not be connected to the youtube hacking incidents and giveaways posted there. The wallets used along with the methods were not the same. It is a different team and perhaps their goal was not just to steal money with a fake giveaway, but also to pass a message.

@zenthereum

On another subject, I'm looking at LINK /USD chart and think a short is a good idea. All the way down to $4 perhaps.

@zenthereum

Waves Platform Partners with Microsoft's Russian Branch A new partnership has been announced by Moscow based **Waves** blockchain platform, this time with the Russian branch of software giant **Microsoft**. The partnership involves a five-year collaboration to tokenize the equipment of the Microsoft branch. Waves Enterprise is offering private blockchain solutions to corporations. It was formed after the end of Waves partnership with the Russian government and private…

@zenthereum

Binance Operations in Malaysia Unauthorized Binance is officially an unauthorized entity in Malaysia and treated as such by the Securities Commission of the country (Source). https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/list-of-unauthorised-websites-investment-products-companies-individuals "Operating a recognized market without authorization from the SC." It is worth noting that the location of Binance is marked as N/A, still the website…

@zenthereum

LINK drop started, I don't comment on trades, I was just giving warnings for a while now. Down to $7,83 from $8,50. I hope I helped at least one person. I'm not recommending shorting but the parabolic link chart that ended with valuating this project with more than 3 billion USD is over. My original assessment ofthe chart is that it goes down to $4. Other investors think it might even go down to just a few cents. Depending on fundamentals this might happen if LINK is nothing…

@zenthereum

DOGE bounced! Can Doge return to last week highs?

@zenthereum

Wow - Elon Musk Coin of the Day! It would be fun to see Elon Musk succeeding our beloved John McAfee in the coin of the day pump and dump meme. Most of us miss the fun and dangerous profits of following McAfee on twitter, waiting for him to wake up and pump the next shitcoin by 50-500% in just 2 minutes! Yesterday it was the community dubbed ex-Doge CEO and current CEO of Tesla and SpaceX Elon Musk that helped our favorite altcoin Dogecoin pump. It didn't pump a lot, just a…

@zenthereum

Cryptotalk Campaign Cryptotalk is a cryptocurrency forum. Right now it has two languages available, English and Russian, with Arabic to be added at some point soon. It has already grown a lot having more than 100,000 registered members and can be considered a great alternative to bitcointalk. Cryptotalk has already successfully run three contests paying rewards in BTC. The last contest ended a month ago and the same day the new one started. This time it is not paying BTC but…

@zenthereum

First Monday in a while we didn't see a pump means less deposits in exchanges from wire transfers. Better be on the caution side this week.

@zenthereum

Grayscale's BCH and LTC Trusts Approved by FINRA In a previous article posted in Publish0x, I analyzed the importance of **Grayscale Investments** as an investment vehicle for institutional exposure in cryptocurrencies as Bitcoin and Ethereum and Ethereum Classic. Yesterday, Grayscale announced that FINRA approved the public quotation of two more Grayscale products, the **Bitcoin Cash Trust** (BCHG) and the **Litecoin Trust** (LTCN). The Trusts offer accredited investors…

@zenthereum

I am a Decentraland ($MANA) big fan and bag holder. I've read today headline on crypto news about Decentraland partnership with Samsung and I was excited thinking that something big is going on. Then I read that the news was that the partnership was about Decentraland being added to the Samsung Blockchain Keystore Wallet. Was this the news? Seriously all ERC20 tokens are integrated in Samsung Wallet as Ethereum already is. What exactly was the news about? Has Samsung added…

@zenthereum

Congrats DeFi on making the Ethereum Network useless.

@zenthereum

Just made a small bet on IOST, one of the last coins that haven't pumped all this time and just announced a partnership with ProDefi.

@zenthereum

Coinsquare - The First Exchange to be Fined for Wash-trading Is the era of pumped-up exchange volumes over? Until the end of 2017 trading volumes were playing a major role in our TA. Volumes were indicating interest in a coin by investors and it could have been a sign for a possible rally of an altcoin. Volumes were also useful for determining the interest in Bitcoin reflecting certain sentiment and determining trading attitudes. By the end of 2017 hundreds of new exchanges…

@zenthereum

The Ethereum network is pointless with 60 gwei fees yet price pumps for no reason. I'll be looking for shorting opportunities from now on.

@zenthereum

Are we allowed to repost our work from other platforms on read.cash? I remember that the code wasn't labeling such content as exclusive, which of course wouldn't be as we already posted somewhere else first, still, I'd love to bring articles I've written elsewhere in the read.cash platform as well. Will there be a problem if we do that? I will be providing links of the repost on the original article for verification.

@zenthereum

ETH short in place. Not a financial advice but I'm always shorting euphoria.

@zenthereum

China announced the arrest of all PlusToken Ponzi members. Not sure if this means something, definitely reduces risk for Ethereum, as they held too much. Ethereum is pretty much useless though, so I won't be the Chad that buys high.

@zenthereum

DeFi collapse is close. Ampleforth scam -50% in a day. Bitconeeeeeeeeeeeect

@zenthereum

The US economy collapsed by 32% on Q2. Chinese GDP jumped by 3.2% during Q2. The coronavirus effect will be China becoming the first economy for first time ever in history.

@zenthereum

Whales moving. Tether also printed 300m USDT as a precaution. Anyway I won't risk at the moment. I'll be following my hairdresser advice since crypto is mainstream once again.