Easy steps do an ICO and be filthy rich:
1. Come up with an idea - “we are tokenizing X”
2. Write “whitepaper”
3. Recruit early investors and advisors to social signal and virtue signal
4. Spend millions on marketing, conferences, parties, and cool swag (jackets anyone?)
5. Create FOMO by only selling a small percentage of supply, but make sure the “team” gets 20-30% of the tokens for the “work”
6. Build an ERC-20 / ERC-721 / NEP5 token by writing some “smart contract” code
7. List that shitcoin on exchanges
8. Announce the partnerships
9. Hope for the pump so you can dump
10. Watch 90%+ of the value of your token erode over the course of a few weeks
How to (Not) be a Shitcoin - summed up very well by the Author
https://www.slideshare.net/DCGCo/how-to-not-be-a-shitcoin-what-ive-learned-about-markets-psychology-and-value-creation
1. Come up with an idea - “we are tokenizing X”
2. Write “whitepaper”
3. Recruit early investors and advisors to social signal and virtue signal
4. Spend millions on marketing, conferences, parties, and cool swag (jackets anyone?)
5. Create FOMO by only selling a small percentage of supply, but make sure the “team” gets 20-30% of the tokens for the “work”
6. Build an ERC-20 / ERC-721 / NEP5 token by writing some “smart contract” code
7. List that shitcoin on exchanges
8. Announce the partnerships
9. Hope for the pump so you can dump
10. Watch 90%+ of the value of your token erode over the course of a few weeks
How to (Not) be a Shitcoin - summed up very well by the Author
https://www.slideshare.net/DCGCo/how-to-not-be-a-shitcoin-what-ive-learned-about-markets-psychology-and-value-creation
What's your ETH bottom?
anonymous poll
$150-$200 – 91
👍👍👍👍👍👍👍 41%
$100-$150 – 70
👍👍👍👍👍 32%
$50-$100 – 46
👍👍👍👍 21%
$1-$50 – 9
👍 4%
0 – 6
▫️ 3%
👥 222 people voted so far.
anonymous poll
$150-$200 – 91
👍👍👍👍👍👍👍 41%
$100-$150 – 70
👍👍👍👍👍 32%
$50-$100 – 46
👍👍👍👍 21%
$1-$50 – 9
👍 4%
0 – 6
▫️ 3%
👥 222 people voted so far.
Don't forget.
Learn from your past mistakes and be smarter next time cause crypto is here to stay...
https://twitter.com/OfficialPramodM/status/1038794004580773894?s=19
Learn from your past mistakes and be smarter next time cause crypto is here to stay...
https://twitter.com/OfficialPramodM/status/1038794004580773894?s=19
Forwarded from EdenChainAnnouncements
We are unlocking: Edenchain token release schedule revealed!
“It was the best of times, it was the worst of times ~ A tale of two cities”
TL:DR - 16 Sept
https://medium.com/edenchain-io/we-are-unlocking-edenchain-token-release-schedule-revealed-cd71dbb1a19f
“It was the best of times, it was the worst of times ~ A tale of two cities”
TL:DR - 16 Sept
https://medium.com/edenchain-io/we-are-unlocking-edenchain-token-release-schedule-revealed-cd71dbb1a19f
Medium
UPDATE (16 Sept 2018): We are unlocking: Edenchain token release schedule revealed!
~
Forwarded from PSquare Daily Alpha
One of our community member @eugenewil has developed a bot and it's really cool!!!
I don't endorse any product but I really liked this and it's really helpful.
I am sharing it cause I am gonna use it myself.
He is now offering it to our community members to track any Wallets they want to track (Personal, Pools, any other wallets).
BOT currently works only for ethereum wallets and more wallet supports are upcoming!!
You get notifications for any of the following :
1. Tokens arrive from ICO in your wallet
- You can add primablock address so you know if tokens arrive their.
2. Airdrops in your ETH wallet
3. When Hackers are trying to drain your wallet
I mean come on, isn't that cool.
You just have to add your ETH public address and BOT will notify you for any transaction in that wallet.
you get that all in your phone in real time.
Basic TG Features:
* Manually add Wallet Addresses you want to monitor
* Nickname or add a Note for each wallet
* Receive Alerts while Transactions are in Pending Status (Incoming/Outgoing)
* Doesn’t rely on API’s, Runs its it own ETH Node
* No Limit on Addresses you can Track (unlike etherscan.io where its only 15)
Upcoming features :
* Auto Tracks any Activity
* Auto-Adds any new Unknown Address to the Database (Incoming/Outgoing)
* Auto Ignores Exchange Hot-Wallets
* Web UI
* Email Forwarding Option
Please give it a try and you can give feedback to @eugenewil
Below is the Bot you can use, just click on it and get started :
@tracktxbot
BOT will NEVER ask you for your PRIVATE KEYS and you should not share keys with anyone.
Hell, you shouldn't even store your keys on your laptop/computer.
Just write them on a paper or use hardware wallet.
I don't endorse any product but I really liked this and it's really helpful.
I am sharing it cause I am gonna use it myself.
He is now offering it to our community members to track any Wallets they want to track (Personal, Pools, any other wallets).
BOT currently works only for ethereum wallets and more wallet supports are upcoming!!
You get notifications for any of the following :
1. Tokens arrive from ICO in your wallet
- You can add primablock address so you know if tokens arrive their.
2. Airdrops in your ETH wallet
3. When Hackers are trying to drain your wallet
I mean come on, isn't that cool.
You just have to add your ETH public address and BOT will notify you for any transaction in that wallet.
you get that all in your phone in real time.
Basic TG Features:
* Manually add Wallet Addresses you want to monitor
* Nickname or add a Note for each wallet
* Receive Alerts while Transactions are in Pending Status (Incoming/Outgoing)
* Doesn’t rely on API’s, Runs its it own ETH Node
* No Limit on Addresses you can Track (unlike etherscan.io where its only 15)
Upcoming features :
* Auto Tracks any Activity
* Auto-Adds any new Unknown Address to the Database (Incoming/Outgoing)
* Auto Ignores Exchange Hot-Wallets
* Web UI
* Email Forwarding Option
Please give it a try and you can give feedback to @eugenewil
Below is the Bot you can use, just click on it and get started :
@tracktxbot
BOT will NEVER ask you for your PRIVATE KEYS and you should not share keys with anyone.
Hell, you shouldn't even store your keys on your laptop/computer.
Just write them on a paper or use hardware wallet.
EDEN trading has started on IDEX & Bilaxy and it's currently trading at 2-2.5x in ETH from private sale price
https://idex.market/eth/edn
https://www.bilaxy.com/exchange#symbol=100
Still no news on Houbi/Binance listing (No one gives shit about Kucoin)
TestNet in few days and also few major announcements will be done in coming time.
https://idex.market/eth/edn
https://www.bilaxy.com/exchange#symbol=100
Still no news on Houbi/Binance listing (No one gives shit about Kucoin)
TestNet in few days and also few major announcements will be done in coming time.
NOS has released whitepaper and token metrics
Public cap : $15,750,000
Tokens for sale : 35%
(NGC alone is holding 5% of total tokens)
nos.io/whitepaper.pdf
Public cap : $15,750,000
Tokens for sale : 35%
(NGC alone is holding 5% of total tokens)
nos.io/whitepaper.pdf
How much longer Bear market will last ?
anonymous poll
Just few more months – 133
👍👍👍👍👍👍👍 64%
Another year – 48
👍👍👍 23%
Next halving 2020 – 14
👍 7%
More than a year – 13
👍 6%
👥 208 people voted so far.
anonymous poll
Just few more months – 133
👍👍👍👍👍👍👍 64%
Another year – 48
👍👍👍 23%
Next halving 2020 – 14
👍 7%
More than a year – 13
👍 6%
👥 208 people voted so far.
Forwarded from crab notes 🦀 lobsterdao
LMAO bit.ly/2MKeuAq
Official medium account of BGOGO posted a shill article about 5 Reasons to Buy BGG and calling its investors assholes. I guess this post does not need any comments… 🤦♂️
Official medium account of BGOGO posted a shill article about 5 Reasons to Buy BGG and calling its investors assholes. I guess this post does not need any comments… 🤦♂️
What caused Edenchain to perform poorly?
anonymous poll
Bear Market – 146
👍👍👍👍👍👍👍 65%
Edenchain's promise of top tier exchange (Kucoin) – 43
👍👍 19%
Edenchain's (misjudged) decision to wait for better markets – 35
👍👍 16%
👥 224 people voted so far.
anonymous poll
Bear Market – 146
👍👍👍👍👍👍👍 65%
Edenchain's promise of top tier exchange (Kucoin) – 43
👍👍 19%
Edenchain's (misjudged) decision to wait for better markets – 35
👍👍 16%
👥 224 people voted so far.
This is a damn good initiative
if the token price falls below 50% or more of the ICO price, then the token sale will be regarded as failure. At this point, LEEKICO will trigger a refund event for the users.
Users who would like to refund need to deposit the tokens back within seven days after announcement regarding repurchase of tokens being made. The platform will charge users 10% of the tokens refunded as processing fees.
https://leekico.com/#/announcements/detail?id=318
if the token price falls below 50% or more of the ICO price, then the token sale will be regarded as failure. At this point, LEEKICO will trigger a refund event for the users.
Users who would like to refund need to deposit the tokens back within seven days after announcement regarding repurchase of tokens being made. The platform will charge users 10% of the tokens refunded as processing fees.
https://leekico.com/#/announcements/detail?id=318
Maker’s DAI will be the first stablecoin on Matic mainnet
https://medium.com/matic-network/dai-on-matic-network-703331eceeed
https://medium.com/matic-network/dai-on-matic-network-703331eceeed
Medium
DAI on Matic Network
Maker’s DAI will be the first stablecoin on Matic mainnet
XRP token's parabolic rise makes no sense, unless...
https://crypp.to/XRPcap
(Why XRP doesn't deserve #2nd spot)
https://steemit.com/ripple/@olyup/fck-you-money-the-rise-and-fall-of-xrp
(Same situation as last year)
https://crypp.to/XRPcap
(Why XRP doesn't deserve #2nd spot)
https://steemit.com/ripple/@olyup/fck-you-money-the-rise-and-fall-of-xrp
(Same situation as last year)
The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret -
"an attacker could have actually used it to create new bitcoin – above the 21 million hard-cap of coin creation – thereby inflating the supply and devaluing current bitcoins."
https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/
"Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back. Rollback would be much like what happened during the so-called "value overflow incident" in 2010 when 187 billion bitcoins were created out of thin air but, ultimately, were destroyed."
"an attacker could have actually used it to create new bitcoin – above the 21 million hard-cap of coin creation – thereby inflating the supply and devaluing current bitcoins."
https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/
"Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back. Rollback would be much like what happened during the so-called "value overflow incident" in 2010 when 187 billion bitcoins were created out of thin air but, ultimately, were destroyed."
CoinDesk
Bitcoin Core Developers Move to Fix Denial-of-Service Software Bug
An abnormally severe bug has been discovered in bitcoin's software, with possible ramifications for lightning users.
In the following review, ICODROPS has outlined, a summary of concerns about NOS really well, exactly what I had in my mind :
https://telegra.ph/nOS-09-03-2
https://telegra.ph/nOS-09-03-2
Telegraph
nOS
nOS (https://nos.io/) – the Virtual Operating System for a new, transparent internet powered by the NEO Smart Economy. 1. The project's economic model: - Currency: NEO; - Total supply of tokens: 450 000 000; - Amount of tokens available for contributors:…
(How true is this??)
CZ is Masterbotting out of his BNB holdings and he is about to cash out $250M all over your face. /THREAD
https://twitter.com/PictureMissing/status/1043561438948859904?s=19
CZ is Masterbotting out of his BNB holdings and he is about to cash out $250M all over your face. /THREAD
https://twitter.com/PictureMissing/status/1043561438948859904?s=19
Twitter
MissingPicture
THREAD: "CZ is a Masterbotter" 1) Take a look at this chart: all crypto is sinking and yet BNB Binance price seems to be levitating. I will explain how CZ uses Tether to prop his coin.
EDENCHAIN DRAMA:-
What's the Community claim?
1. Edenchain lied about initial circulating supply i.e it was supposed to be 80M tokens but currently circulating supply is at 126M.
2. Edenchain raised more money than the actual claimed 24M HARD CAP.
What's the confusion?
1. How did circulating supply increase and why wasn't it disclosed during the token sale?
2. Did Strategic partners allocation had no lock?
What's the answer?
1. Edenchain had 40% tokens for sale at a price of $0.06 concluding total cap at $24M.
2. Edenchain had also reserved 15% tokens for strategic partners that means they could raise another $9M over $24M.
3. Strategic partners allocation had the same lock-up as the public sale.
So the extra circulating supply is including the strategic partner's reserve which they sold pre-post token sale.
Who's at fault here?
1. Edenchain - They should have promoted the strategic partner reserve from the beginning and should have been firm on possible extra HARD CAP raise.
2. Community - Investors should have read whitepaper and token metrics properly as Strategic partners 15% allocation was mentioned clearly in metrics and they should have anticipated this.
Edenchain & community, both had equal part in giving birth to this confusion.
Edenchain should have been public with their strategic partner's allocation sale progress same as the public token sale.
Community investors should at least read whitepaper and documents than just expecting 100-1000x.
This way, the community wouldn't have raised questions at this stage if strategic sale progress was transparent and public.
What's the Community claim?
1. Edenchain lied about initial circulating supply i.e it was supposed to be 80M tokens but currently circulating supply is at 126M.
2. Edenchain raised more money than the actual claimed 24M HARD CAP.
What's the confusion?
1. How did circulating supply increase and why wasn't it disclosed during the token sale?
2. Did Strategic partners allocation had no lock?
What's the answer?
1. Edenchain had 40% tokens for sale at a price of $0.06 concluding total cap at $24M.
2. Edenchain had also reserved 15% tokens for strategic partners that means they could raise another $9M over $24M.
3. Strategic partners allocation had the same lock-up as the public sale.
So the extra circulating supply is including the strategic partner's reserve which they sold pre-post token sale.
Who's at fault here?
1. Edenchain - They should have promoted the strategic partner reserve from the beginning and should have been firm on possible extra HARD CAP raise.
2. Community - Investors should have read whitepaper and token metrics properly as Strategic partners 15% allocation was mentioned clearly in metrics and they should have anticipated this.
Edenchain & community, both had equal part in giving birth to this confusion.
Edenchain should have been public with their strategic partner's allocation sale progress same as the public token sale.
Community investors should at least read whitepaper and documents than just expecting 100-1000x.
This way, the community wouldn't have raised questions at this stage if strategic sale progress was transparent and public.