Guys, If anyone of you might be thinking why there is a sudden MATIC price drop. Let me share my experience. (I have been in this market for the last 2.5 years). I have seen many events (dumps and pumps by whales)
1) Flash crash is not new it has happened many times before. even with BITCOIN.
https://blog.sfox.com/bitcoin-flash-crash-short-history-cbcb0d6bc6a5
2) I am pretty sure it's a whale/s which did that. Neither MATIC nor Binance is behind that. Trust is the best USP in the crypto world .
https://www.mycryptopedia.com/3-ways-the-rich-manipulate-the-cryptocurrency-market/
https://medium.com/formosa-financial/2-simple-ways-crypto-whales-manipulate-the-market-35ba10bc07f7
3) It's a buying opportunity.
4) A lot of people are from finance domain. To them ->
a) Fundamentals are strong.
b) Quarterly reports are positive (Staking is near. Real projects are using MATIC. Real partnerships are happening. Team is strong.)
c) For investors, slowly MATIC will be listed on nearly all the major exchanges. It will become hard to manipulate *that easily*. Currently binance has the most volume therefore Whales can co-ordinates for pump and dump.
d) Also, be extremely cautious when prices moves when the whole crypto market is stable.
-----------------------
Again,
Nothing to worry about. For 1st time crypto buyers, don't panic. All the psychology of Stocks is applicable.
2 things that are different are-
1) It runs 24 hours. So you don't need to wait for 9:00 a.m or monday.
2) Whole world is involved.
1) Flash crash is not new it has happened many times before. even with BITCOIN.
https://blog.sfox.com/bitcoin-flash-crash-short-history-cbcb0d6bc6a5
2) I am pretty sure it's a whale/s which did that. Neither MATIC nor Binance is behind that. Trust is the best USP in the crypto world .
https://www.mycryptopedia.com/3-ways-the-rich-manipulate-the-cryptocurrency-market/
https://medium.com/formosa-financial/2-simple-ways-crypto-whales-manipulate-the-market-35ba10bc07f7
3) It's a buying opportunity.
4) A lot of people are from finance domain. To them ->
a) Fundamentals are strong.
b) Quarterly reports are positive (Staking is near. Real projects are using MATIC. Real partnerships are happening. Team is strong.)
c) For investors, slowly MATIC will be listed on nearly all the major exchanges. It will become hard to manipulate *that easily*. Currently binance has the most volume therefore Whales can co-ordinates for pump and dump.
d) Also, be extremely cautious when prices moves when the whole crypto market is stable.
-----------------------
Again,
Nothing to worry about. For 1st time crypto buyers, don't panic. All the psychology of Stocks is applicable.
2 things that are different are-
1) It runs 24 hours. So you don't need to wait for 9:00 a.m or monday.
2) Whole world is involved.
Medium
A Short History of Bitcoin Flash Crashes
The price to buy Bitcoin fell almost 18% in an hour yesterday, adding another chapter to the storied history of Bitcoin flash crashes.
Forwarded from Polygon Official Announcements (Chandresh Aharwar)
#NeverDoubtMatic
Dear Community,
We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless.
As for the Token movements, We already announced that there will be an release of ~0.25% (248mn) tokens as communicated in our post, which coincides with the aggregated outward movement
Read Full blog here : https://blog.matic.network/foundation-token-movement-accounting
Retweet: https://twitter.com/maticnetwork/status/1204291432367869952
The foundations tokens are still here : https://etherscan.io/address/0xB316FA9FA91700D7084D377BFDC81EB9F232F5FF
MATIC will bounce back stronger than ever!
Dear Community,
We want to strongly state that the allegations of token movement from our Foundation account, made by a FUD account against Matic team are completely baseless.
As for the Token movements, We already announced that there will be an release of ~0.25% (248mn) tokens as communicated in our post, which coincides with the aggregated outward movement
Read Full blog here : https://blog.matic.network/foundation-token-movement-accounting
Retweet: https://twitter.com/maticnetwork/status/1204291432367869952
The foundations tokens are still here : https://etherscan.io/address/0xB316FA9FA91700D7084D377BFDC81EB9F232F5FF
MATIC will bounce back stronger than ever!
Announcing the Matic Network Project Updates 8!
For the full Project Update, please see
here: https://blog.matic.network/matic-network-project-updates-8/
For the full Project Update, please see
here: https://blog.matic.network/matic-network-project-updates-8/
if you think Ponzi schemes are long dead and people are too smart to invest in Ponzi, Think again...
HEX is another PONZI brought to you by none other than so-called Bitcoin Maximalist, ex-self-called billionaire Richard Heart.
HEX website claims it to be the "first high-interest blockchain CD” and that you could make a 10,000x profit.
It’s “designed to go higher, faster and retain its value.”
It’s “the future of finance.”
And in all caps (because that makes everything more true): "HEX IS DESIGNED TO INCREASE IN VALUE FASTER THAN ANYTHING ELSE IN HISTORY."
If you take one look at the website, it reminds you of 2017 'Confido', 'NeoConnect' & 'BitConnect' ERA.
How HEX works :
If you have Bitcoin you can claim “free Hex” by “staking” your bitcoin
If you own ether, you can send it to an Ethereum wallet in exchange for Hex.
You never get your ETHEREUM back. WTF
If this doesn't scream Ponzi (Richard Heart Denies it), then we all are idiots.
HEX is another PONZI brought to you by none other than so-called Bitcoin Maximalist, ex-self-called billionaire Richard Heart.
HEX website claims it to be the "first high-interest blockchain CD” and that you could make a 10,000x profit.
It’s “designed to go higher, faster and retain its value.”
It’s “the future of finance.”
And in all caps (because that makes everything more true): "HEX IS DESIGNED TO INCREASE IN VALUE FASTER THAN ANYTHING ELSE IN HISTORY."
If you take one look at the website, it reminds you of 2017 'Confido', 'NeoConnect' & 'BitConnect' ERA.
How HEX works :
If you have Bitcoin you can claim “free Hex” by “staking” your bitcoin
If you own ether, you can send it to an Ethereum wallet in exchange for Hex.
You never get your ETHEREUM back. WTF
If this doesn't scream Ponzi (Richard Heart Denies it), then we all are idiots.
Matic is proud to reveal the Matic Network staking interface to the community!
Here's a sneak peek into the Validator and Delegator interface!
Check it out here: https://youtu.be/2F7vnn0X2rw
Here's a sneak peek into the Validator and Delegator interface!
Check it out here: https://youtu.be/2F7vnn0X2rw
Forwarded from RiveX ANN
Dear RiveX community,
Please read the RiveX Community Quest rules VERY CAREFULLY before participating.
1. One account per user
2. No cheating or unfair methods
3. No foul language
4. No sharing of answers
5. To be eligible for reward you need to complete all steps in the round
6. New participants can join the Quest at the start of every new round. You are not required to complete previous rounds to take part in the upcoming rounds
7. You have to follow and show you support on social media platforms
8. If you break the rules, you WILL be disqualified, banned from all channels, and your quest progress will be deleted.
Please refer to the link below for more information.
https://medium.com/@RiveXOfficial/rivex-community-quest-rules-e86276e8b5b7
Please read the RiveX Community Quest rules VERY CAREFULLY before participating.
1. One account per user
2. No cheating or unfair methods
3. No foul language
4. No sharing of answers
5. To be eligible for reward you need to complete all steps in the round
6. New participants can join the Quest at the start of every new round. You are not required to complete previous rounds to take part in the upcoming rounds
7. You have to follow and show you support on social media platforms
8. If you break the rules, you WILL be disqualified, banned from all channels, and your quest progress will be deleted.
Please refer to the link below for more information.
https://medium.com/@RiveXOfficial/rivex-community-quest-rules-e86276e8b5b7
Forwarded from RiveX ANN
Dear Rivexians, we are pleased to introduced the Rivex Wallet and WRDEX. We are currently looking for testers, please contact us if you are interested!
https://medium.com/rivex-foundation/introducing-the-rivex-wallet-and-wrdex-430a33d70157
https://medium.com/rivex-foundation/introducing-the-rivex-wallet-and-wrdex-430a33d70157
Medium
Introducing the Rivex Wallet and WRDEX
The Rivex desktop and Wallet Rivex Decentralized Exchange
BetProcotol will use MATIC token for their $50K USD private fundraising round. BEPRO tokens will be offered to purchase in MATIC token at a 20% discount. The private token sale will begin today on December 13, 2019 at 12:00 UTC, and will end on December 16, 12:00 UTC.
The funds raised thanks to this partnership will be distributed through several scholarships to support the creation of fully regulated gaming applications based on BetProtocol and Matic’s scaling technology.
#TokenUtility #Adoption
TL;DR
- Private sale for $BEPRO tokens in $MATIC tokens
- Tokens offered at 20% discount from listing price on a top exchange.
- All proceeds to be allocated towards scholarships for Matic community to build on BEPRO & Matic
- Backed by big institutional investors
During the token sale, $BEPRO will be offered in private sale to the eligible community members as per the legal/regulatory requirements of BetProtocol in exchange for $MATIC tokens at a discount of 20% as compared to its listing price (stay tuned for details to be released at a later date). BetProtocol has already raised $3m in a private sale round involving big investment names including NGC (Neo Global Capital) , CMS Holdings & BlockGround Capital.
Learn more about the private sale: https://link.medium.com/0jcdfcPem2
The funds raised thanks to this partnership will be distributed through several scholarships to support the creation of fully regulated gaming applications based on BetProtocol and Matic’s scaling technology.
#TokenUtility #Adoption
TL;DR
- Private sale for $BEPRO tokens in $MATIC tokens
- Tokens offered at 20% discount from listing price on a top exchange.
- All proceeds to be allocated towards scholarships for Matic community to build on BEPRO & Matic
- Backed by big institutional investors
During the token sale, $BEPRO will be offered in private sale to the eligible community members as per the legal/regulatory requirements of BetProtocol in exchange for $MATIC tokens at a discount of 20% as compared to its listing price (stay tuned for details to be released at a later date). BetProtocol has already raised $3m in a private sale round involving big investment names including NGC (Neo Global Capital) , CMS Holdings & BlockGround Capital.
Learn more about the private sale: https://link.medium.com/0jcdfcPem2
Medium
BetProtocol and Matic Network Announce Joint $BEPRO Private Sale and Scholarships
BetProtocol and Matic Network launch joint $BEPRO Private Sale at a 20% discount. Private Sale now open.
Ethereum Foundation Sold $100 Million at the Top Says Vitalik Buterin
“I did get the Ethereum Foundation to sell 70,000 eth like basically at the top and that’s doubled our runway now, so it was one good decision that had a lot of impact.”
The Ethereum Foundation has seemingly sold a further $1.5 million worth of eth in the past three months, and they’re also stopping funding of some dev teams.
trustnodes.com/2019/12/13/ethereum-foundation-sold-100-million-at-the-top-says-vitalik-buterin
“I did get the Ethereum Foundation to sell 70,000 eth like basically at the top and that’s doubled our runway now, so it was one good decision that had a lot of impact.”
The Ethereum Foundation has seemingly sold a further $1.5 million worth of eth in the past three months, and they’re also stopping funding of some dev teams.
trustnodes.com/2019/12/13/ethereum-foundation-sold-100-million-at-the-top-says-vitalik-buterin
Forwarded from Polygon Official Announcements (Chandresh Aharwar)
#Staking #Coinone
As a part of onboarding Top Tier Exchanges in Matic Mainnet Staking, Our pre-staking initiative with Coinone is going live! 🎉
Beginning tomorrow, December 18th, Coinone users will be able to lockup their $MATIC tokens during 30-day lockup periods at an interest rate of 30.29% APR!
Using these tokens locked up during the pre-staking initiative, Coinone will be running a Validator node for Matic Mainnet.
Many more global exchanges will be increasingly added to the list to support MATIC Mainnet Staking. Stay tuned for further updates as our pre-staking plans progress!
Read the full details on our blog: http://bit.ly/coinone-staking
Retweet: https://twitter.com/maticnetwork/status/1206901237947322368
As a part of onboarding Top Tier Exchanges in Matic Mainnet Staking, Our pre-staking initiative with Coinone is going live! 🎉
Beginning tomorrow, December 18th, Coinone users will be able to lockup their $MATIC tokens during 30-day lockup periods at an interest rate of 30.29% APR!
Using these tokens locked up during the pre-staking initiative, Coinone will be running a Validator node for Matic Mainnet.
Many more global exchanges will be increasingly added to the list to support MATIC Mainnet Staking. Stay tuned for further updates as our pre-staking plans progress!
Read the full details on our blog: http://bit.ly/coinone-staking
Retweet: https://twitter.com/maticnetwork/status/1206901237947322368
Forwarded from Beniamin Mincu | MultiversX
We are excited to announce the Elrond MainNet bootstrapping process
Through this process we will address functionality, security, performance, and gradual decentralization in a logical order via 3 dedicated steps:
Phase 1 - tackle network security from an economical perspective
Phase 2 - deploy the code on trusted validator set, enabling progressive feature activation
Phase 3 - decentralization to the point where Elrond only operates a minimum fall-back infrastructure
Phase 1 - Start staking, earn rewards, and reach economic security threshold
- 23-29 December
- 17%-32% rewards annually
- we are aiming for 50% of circulating supply or 5 Billion ERD to be committed and pre-staked
Elrond is imminent, read all about it here: https://medium.com/elrondnetwork/the-elrond-bootstrapping-process-2f2a7ea7cd89
Through this process we will address functionality, security, performance, and gradual decentralization in a logical order via 3 dedicated steps:
Phase 1 - tackle network security from an economical perspective
Phase 2 - deploy the code on trusted validator set, enabling progressive feature activation
Phase 3 - decentralization to the point where Elrond only operates a minimum fall-back infrastructure
Phase 1 - Start staking, earn rewards, and reach economic security threshold
- 23-29 December
- 17%-32% rewards annually
- we are aiming for 50% of circulating supply or 5 Billion ERD to be committed and pre-staked
Elrond is imminent, read all about it here: https://medium.com/elrondnetwork/the-elrond-bootstrapping-process-2f2a7ea7cd89
Medium
The Elrond Bootstrapping Process
After long months of research, coding and testing, we are excited to announce that Elrond is finally ready to start the MainNet…
Cannan IPO
About :
Founded in 2013, Canaan is the worldwide leader in producing Blockchain servers and designing ASIC microprocessor solutions for cryptocurrency mining.
Initial IPO Amount to raise : $400 Million
Actually raised : $90 Million (-75%)
Issue price : $9 (10M shares)
Current Price : $5.19 (-42%)
Listed on : NASDAQ: CAN
https://www.coindesk.com/canaans-post-ipo-stock-plunge-reveals-sales-slump-price-war-with-bitmain
About :
Founded in 2013, Canaan is the worldwide leader in producing Blockchain servers and designing ASIC microprocessor solutions for cryptocurrency mining.
Initial IPO Amount to raise : $400 Million
Actually raised : $90 Million (-75%)
Issue price : $9 (10M shares)
Current Price : $5.19 (-42%)
Listed on : NASDAQ: CAN
https://www.coindesk.com/canaans-post-ipo-stock-plunge-reveals-sales-slump-price-war-with-bitmain
CoinDesk
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain - CoinDesk
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its $1 billion initial public stock offering.
Forwarded from RiveX ANN
Dear RiveX community,
The RiveX Community Quest guide has been released! This guide includes all details on how to register for the quest, how to interact with our registration bot, how to navigate the quest platform and other important details you need to know before we begin.
Please take the time to read through this guide a few times to familiarize yourself with the quest registration.
Quest round one begins tomorrow, December 19th at 10pm GMT+8
Remember to follow the rules.
Goodluck and have fun!
https://medium.com/@RiveXOfficial/rivex-community-quest-guide-f5d6cad69848
The RiveX Community Quest guide has been released! This guide includes all details on how to register for the quest, how to interact with our registration bot, how to navigate the quest platform and other important details you need to know before we begin.
Please take the time to read through this guide a few times to familiarize yourself with the quest registration.
Quest round one begins tomorrow, December 19th at 10pm GMT+8
Remember to follow the rules.
Goodluck and have fun!
https://medium.com/@RiveXOfficial/rivex-community-quest-guide-f5d6cad69848
Medium
Rivex Community Quest Guide
How to register for the Quest and other important details
POLONIEX offering 65.46% interest on USDC lending to EU customers
Is this fucking joke or what?
BTW Justin Sun owns Poloniex, so this could be another marketing stunt or fraud or scam.
Beware!!!
Check out official tweet :
https://t.co/JAMdL4xV1I
Is this fucking joke or what?
BTW Justin Sun owns Poloniex, so this could be another marketing stunt or fraud or scam.
Beware!!!
Check out official tweet :
https://t.co/JAMdL4xV1I
Coinbase CEO Brian Armstrong has been granted a U.S. patent for an invention that makes sending bitcoin as easy as email, literally.
https://www.coindesk.com/coinbase-ceo-armstrong-wins-patent-for-tech-allowing-users-to-email-bitcoin
https://www.coindesk.com/coinbase-ceo-armstrong-wins-patent-for-tech-allowing-users-to-email-bitcoin
CoinDesk
Coinbase CEO Armstrong Wins Patent for Tech Allowing Users to Email Bitcoin - CoinDesk
Coinbase CEO Brian Armstrong has been granted a U.S. patent for an invention that makes sending bitcoin as easy as email, literally.
Forwarded from Polygon Official Announcements (nirbhik.eth ⟠ | Matic)
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#Privacy
Matic x Incognito = Speed x Privacy for Ethereum!
We’re thrilled to announce our newest collaboration with Incognito! With Incognito, Matic holders will now be able to send, receive, and store their Matic tokens with 100% confidentiality.
Matic token holders must deposit their native MATIC tokens into the Incognito Wallet to receive pMATIC–a 1:1 privacy coin powered by zero-knowledge proofs!
Incognito is a decentralized platform for privacy tokens, powered by its own proof-of-stake side chains that can attach to other blockchains to confidentially transfer crypto assets.
Matic will also be listed on the first completely anonymous decentralized exchange - pDEX where anyone can trade in full privacy.
Learn more: https://incognito.org/blog/incognito_privacy_mode_for_matic/
In celebration of this partnership, Incognito will be hosting a pMATIC giveaway!
👉 https://gleam.io/sNdtA/turn-on-incognito-mode-for-your-matic
RT:https://twitter.com/maticnetwork/status/1207992051838537728
Matic x Incognito = Speed x Privacy for Ethereum!
We’re thrilled to announce our newest collaboration with Incognito! With Incognito, Matic holders will now be able to send, receive, and store their Matic tokens with 100% confidentiality.
Matic token holders must deposit their native MATIC tokens into the Incognito Wallet to receive pMATIC–a 1:1 privacy coin powered by zero-knowledge proofs!
Incognito is a decentralized platform for privacy tokens, powered by its own proof-of-stake side chains that can attach to other blockchains to confidentially transfer crypto assets.
Matic will also be listed on the first completely anonymous decentralized exchange - pDEX where anyone can trade in full privacy.
Learn more: https://incognito.org/blog/incognito_privacy_mode_for_matic/
In celebration of this partnership, Incognito will be hosting a pMATIC giveaway!
👉 https://gleam.io/sNdtA/turn-on-incognito-mode-for-your-matic
RT:https://twitter.com/maticnetwork/status/1207992051838537728
Final countdown: Craig Wright’s $8 Billion BTC fortune to be unlocked in 9 days
https://cryptoslate.com/final-countdown-craig-wrights-1m-btc-fortune-to-be-unlocked-in-9-days/
https://cryptoslate.com/final-countdown-craig-wrights-1m-btc-fortune-to-be-unlocked-in-9-days/