This Is What Happens When Bitcoin Miners Take Over Your
What Is Bitcoin Mining? Here's Everything You Need to Know
Bitcoin Mining, Explained - Investopedia
Bitcoin is Worth Less Than the Cost To Mine It - Slashdot
The next XVG? Microcap 100x potential actually supported by fundamentals!
What’s up team? I have a hot one for you. XVG returned 12 million percent in 2017 and this one reminds me a lot of it. Here’s why: Mimblewimble is like Blu-Ray compared to CD-ROM in terms of its ability to compress data on a blockchain. The current BTC chain is 277gb and its capacity is limited because every time you spend a coin, each node needs to validate its history back to when it was mined (this is how double spending is prevented). Mimblewimble is different - all transactions in a block are aggregated and netted out in one giant CoinJoin, and only the current spending needs to be verified. This means that dramatically more transactions can fit into a smaller space, increasing throughput and lowering fees while still retaining the full proof of work game theory of Bitcoin. These blockchains are small enough to run a full node on a cheap smartphone, which enhances the decentralization and censorship resistance of the network. The biggest benefit, though, is that all transactions are private - the blockchain doesn’t reveal amounts or addresses except to the actual wallet owner. Unlike earlier decoy-based approaches that bloat the chain and can still be data mined (XMR), Mimblewimble leaves no trace in the blockchain, instead storing only the present state of coin ownership. The first two Mimblewimble coins, Grin and Beam, launched to great fanfare in 2019, quickly reaching over $100m in market cap (since settled down to $22m and $26m respectively). They are good projects but grin has infinite supply and huge never-decreasing emission, and Beam is a corporate moneygrab whose founding investors are counting on you buying for their ROI. ZEC is valued at $568m today, despite the facts that only 1% of transactions are actually shielded, it has a trusted setup, and generating a confidential transaction takes ~60 seconds on a powerful PC. XMR is a great project but it’s valued at $1.2b (so no 100x) and it uses CryptoNote, which is 2014 tech that relies on a decoy-based approach that could be vulnerable to more powerful computers in the future. Mimblewimble is just a better way to approach privacy because there is simply no data recorded in the blockchain for companies to surveil. Privacy is not just for darknet markets, porn, money launderers and terrorists. In many countries it’s dangerous to be wealthy, and there are all kinds of problems with having your spending data be out there publicly and permanently for all to see. Namely, companies like Amazon are patenting approaches to identify people with their crypto addresses, “for law enforcement” but also so that, just like credit cards, your spending data can be used to target ads. (A) Coinbase is selling user data to the DEA, IRS, FBI, Secret Service, and who knows who else? (B) What about insurance companies raising your premiums or canceling your policy because they see you buying (legal) cannabis? If your business operates using transparent cryptocurrency, competitors can data mine your customer and supply chain data, and employees can see how much everyone else gets paid. I could go on, but the idea of “I have nothing to hide, so what do I care about privacy?” will increasingly ring hollow as people realize that this money printing will have to be paid by massive tax increases AND that those taxes will be directly debited from their “Central Bank Digital Currency” wallets. 100% privacy for all transactions also eliminates one HUGE problem that people aren’t aware of yet, but they will be: fungibility. Fungibility means that each coin is indistinguishable from any other, just like paper cash. Why is this important? Because of the ever-expanding reach of AML/KYC/KYT (Anti-Money Laundering / Know Your Customer / Know Your Transaction) as regulators cramp down on crypto and banks take over, increasingly coins become “tainted” in various ways. For example, if you withdraw coins to a mixing service like Wasabi or Samourai, you may find your account blocked. (C) The next obvious step is that if you receive coins that these chainalysis services don’t like for whatever reason, you will be completely innocent yet forced to prove that you didn’t know that the coins you bought were up to no good in a past life. 3 days ago, $100k of USDC was frozen. (D) Even smaller coins like LTC now have this problem, because “Chinese Drug Kingpins” used them. (E) I believe that censorable money that can be blocked/frozen isn’t really “your money”. Epic Cash is a 100% volunteer community project (like XVG and XMR) that had a fair launch in September last year with no ICO and no premine. There are very few projects like this, and it’s a key ingredient in Verge’s success (still at $110m market cap today despite being down 97% since the bubble peak) and why it’s still around. It has a small but super passionate community of “Freemen” who are united by a belief in the sound money economics of Bitcoin Standard emission (21m supply limit and ever-decreasing inflation) and the importance of privacy. I am super bullish on this coin for the following reasons:
Only $400k market cap
Supply started at zero, so there are no VC’s and team to dump on you into the pumps - all coins are mined into existence, just like Bitcoin.
It just had its first halving, reducing emission from 16 to 8 per block. Between now and 2028 there are FOUR (!) more halvings, from 4 to 2 to 1 and then finally 0.15 (I guess that would be an 85%-ing :p) and at this point the supply is the same as BTC and stays in sync forever until the last coin is mined in 2140. This simple supply curve is already accepted by the market as a winner, so why mess with success? (I)
Meets Andreas Antonopolous’ 5 pillars of open blockchains test: Public, Open, Borderless, Neutral, and Censorship Resistant. (How many coins can say this?)
Unlike Bitcoin, Epic created a multi-algorithm approach that enables people to mine on ordinary computers - 60% for CPU on RandomX, 38% for GPU on ProgPow, and 2% for ASIC’s on Cuckoo31+. The algorithms don’t compete with one another. This is essential for leveling the playing field and preventing massive farms from dominating. These percentages can change over time and new algorithms can be easily dropped in. You can mine today using an old laptop and in 5 years you will still be able to. Incidentally, there is nothing standing in the way of adding mobile phone-based mining, which ETN showed there’s a huge demand for.
Based off the excellent Grin codebase, which means they continue to pull in ongoing core code enhancements and focus on ease of use and market penetration instead. (Smart!)
Litecoin’s Charlie Lee is out there daily talking about their move to Mimblewimble, which provides free publicity. What people don’t realize is that you can’t just bolt on Mimblewimble to a legacy blockchain, that’s like putting a Ferrari engine into a school bus - it’s still a school bus, not a race car! LTC is doing it as an optional soft fork via “extension blocks” which will not be supported by all wallets and exchanges. Also, anyone using “optional” privacy features is declaring themselves to be suspicious, which kind of defeats the point for people who care about privacy.
The community is friendly and welcoming to new people coming in, with lots of helpful (independently created) tutorials and guides. (F)
It’s already a global phenomenon, with the whitepaper in 20+ languages (G) and (not bot-infested) active local-language communities on not only Telegram but also Wechat, LINE, QQ and other messenger platforms.
It’s only on two random little exchanges currently, Citex and Vitex. Vitex is actually a pretty good DEX with no KYC and a great mobile wallet.
They are very creative - since centralized exchanges want huge money to list, they created a non-inflationary ERC20 tracker token that’s exchangeable 1:1 for coins so that Uniswap trading is possible (H)
Because it doesn’t have a huge marketing budget in a sea of VC-funded shitcoins, it is as-yet undiscovered, which is why it’s so cheap. There are only 4 Mimblewimble-based currencies on the market: MWC at $162m, BEAM at $26m, GRIN at $22m, and EPIC at $0.4m. This is not financial advice and as always, do your own research, but I’ve been buying this gem for months and will continue to. This one ticks all the boxes for me, the only real problem is that it’s hard to buy much without causing a huge green candle. Alt season is coming, and coins like this are how your neighbor Chad got his Lambo back in 2017. For 2021, McLaren is a better choice and be sure to pay cash so that it doesn’t get repossessed like Chad!
Alright guys, Ive been working on this for a while and a post on here by a guy describing his portfolio here was the final kick in the ass for me to put this together. I started writing this to summarize what Im doing for my friends who are beginners, and also for me to make some sense of it for myself Hopefully parts of it are useful to you, and also ideally you guys can point out errors or have a suggestion or two. I'm posting this here as opposed to investing or canadianinvestor (blech) because they're just gonna tell me to buy an index fund. This first section is a preamble describing the Canadian tax situation and why Im doing things the way that I am. Feel free to skip it if you dont care about that. Also, there might be mistake regarding what the laws are here so dont take my word for it and verify it for yourself please. So here in Canada we have two types of registered accounts (theres actually more but whatver). There is the TFSA "Tax Free Savings Account", and RRSP "Registered Retirement Savings Account" For the sake of simplicity, from the time you turn 18 you are allowed to deposit 5k (it changes year to year based on inflation etc)in each of them. That "room" accumulates retroactively, so if you haventdone anything and are starting today and you are 30 you have around 60k you can put in each of them. The prevailing wisdom is that you should max out the TFSA first and you'll see why in a minute. TFSA is post tax deposits, with no capital gains or other taxes applied to selling your securities, dividends or anything else. You can withdraw your gains at any time, and the amount that you withdraw is added to the "room" you have for the next year. So lets say I maxed out my TFSA contributions and I take out 20k today, on January of next year I can put back in 20k plus the 5 or whatever they allow for that year. You can see how powerful this is. Theres a few limitations on what is eligable to be held in the TFSA such as bitcoin/bitcoin ETFs, overseas stocks that arent listed on NYSE, TSX, london and a few others. You can Buy to Open and Sell to Close call and put options as well as write Covered Calls. The RRSP is pre-tax deposits and is a tax deferred scheme. You deposit to lower your income tax burden (and hopefully drop below a bracket) but once you retire you will be taxed on anything you pull out. Withdrawing early has huge penalties and isnt recommended. You are however allowed to borrow against it for a down payment as a first time home buyer. The strategy with these is that a youngperson entering the workforce is likely to be in a fairly low tax bracket and (hopefully) earns more money as they get older and more skilled so the RRSP has more value the greater your pre-taxincome is. You can also do this Self Directed. Its not relevant to this strategy but I included it for the sake of context. Non registered accounts ( or any other situation, such as selling commercial real estate etc) is subject to a capital gains tax. In so far as I understand it, you add all your gains and losses up at the end of the year. If its a positive number, you cut that number IN HALF and add it to your regular pre-tax income. So if I made 60k from the dayjob and 20k on my margin account that adds up to 70k that I get taxed on. if its a loss, you carry that forward into the next year. Theres no distinction between long term and short term. Also physical PMs are treated differently and I'll fill that part in later once I have the details down. The reason why all that babble is important is that my broker Questrade, which isnt as good as IB (the only real other option up here as far as Im aware) has one amazing feature that no other broker has: "Margin Power" If you have a TFSA and a Margin account with them, you can link them together and have your securities in the TFSA collateralise your Margin account. Essentially, when it comes to the Maintenance Excess of the Margin Account QT doesnt care if its in the TFSA *or* the Margin! You can see how powerful this is. ------------------------------------------------------------------------------------------------------------------------------------------------ So as you can tell by the title, a lot of this is heavily inspired by Chris Cole's paper "The Allegory of the Hawk and the Serpent". You can read it here: https://www.artemiscm.com/welcome#research Between it, his interviews and my mediocre options skills at the time my mind was blown. Unfortunately I didnt know how to do the Long Volatility part until after the crash in March but I've since then had nothing but time to scour the internet and learn as much as I could. The way I interpret this isnt necessarily "what you should have right now", but what abstracted model they were able to backtest that gave them the best performance over the 90 years. Also, a lot of my portfolio I already had before I started trying to build this. As such my allocations dont match the proportions he gave. Not saying my allocations are better, just showing where they are at this time. I'm going to describe how I do Long Volatility at the end rather than the beginning since the way *I* do it wont make sense until you see the rest of the portflio. Physical PMs 22% I'm not sure wether he intended this to be straight up physical gold or include miners and royalty streaming companies so I will just keep this as physical. I consider Silver to be a non-expiring call option on gold, so that can live here too. I am actually *very* overweight silver and my strategy is to convert a large portion of it to gold (mostly my bars) to gold as the ratio tightens up. If youre into crypto, you can arguably say that has a place in this section. If an ETF makes sense for part of your portfolio, I suggest the Sprott ones such as PHYS. Sprott is an honest business and they actually have the metal they say they have. If you have enough, you can redeem your shares from the Royal Canadian Mint. The only downside is that they dont have an options chain, so you cant sell covered calls etc. Simple enough I suppose. One thing to bear in mind, there is a double edged sword with this class of assets. They're out of the system, theyre nobody's business but your own and theres no counter party. That unfortunately means that you cant lever against it for margin or sell covered calls etc. You can still buy puts though (more on that later) Commodity Trend (CTA) 10% https://youtu.be/tac8sWPZW0w Patrick Ceresna gave a good presentation on what this strategy is. Until I watched this video I just thought it meant "buy commodities". A real CTA does this with futures also so aside from the way he showed, there are two other ETFs that are worth looking at. COM - This is an explicit trend following ETF that follows a LONG/FLAT strategy instead of LONG/SHORT on a pile of commodity futures. So if they get a "sell" signal for oil or soybeans they sell what they have and go to cash. COMT- Holds an assortment of different month futures in different commodities, as well as a *lot* of various related shares in producers. Its almost a one stop shop commodities portfolio. Pays a respectable dividend in December If you want to break the "rules" of CTA, and include equities theres a few others that are also worth looking at KOL- This is a coal ETF. The problems with it are that a lot of the holdings dont have much to do with coal. One of them is a tractor company. A lot of the companies are Chinese so theres a bit of a red flag. Obviously Thermal Coal, the kind used for heating and powerplants isnt in vogue and wont be moving forward...but coking coal is used for steel manufacturing and that ain't going anywhere. The dividend is huge, pays out in December. A very very small position might be worth the risk. Uranium- I'm in URA because thats the only way for me to get exposure to Kazatoprom (#1 producer), which is 20% of the holdings. The other 20% is Cameco (#2 producer)and then its random stuff. Other than that I have shares in Denison which seems like its a good business with some interesting projects underway. I'm still studying the uranium space so I dont really have much to say about it of any value. RSX- Russia large caps. If you dont want to pick between the myriad of undervalued, high dividend paying commodity companies that Russia has then just grab this. It only pays in December but it has a liquid options chain so you can do Covered Calls in the meantime if you want. NTR- Nutrien, canadian company that was formed when two others merged. They are now the worlds largest potash producer. Pretty good dividend. They have some financial difficulties and the stocks been in a downtrend forever. I feel its a good candidate to watch or sell some puts on. I'm trying to come up with a way to play agriculture since this new phase we're going to be entering is likely to cause huge food shortages. EURN and NAT- I got in fairly early on the Tanker hype before it was even hype as a way to short oil but I got greedy and lost a lot of my gains. I pared down my position and I'm staying for the dividend. If you get an oil sell signal, this might be a way to play that still. Fixed Income/Bonds 10% Now, I am not a bond expert but unless youre doing some wacky spreads with futures or whatever... I dont see much reason to buy government debt any more. If you are, youre basically betting that they take rates negative. Raoul Pal of Real Vision is pretty firm in his conviction that this will happen. I know better than to argue with him but I dont see risk/reward as being of much value. HOWEVER, I found two interesting ETFs that seem to bring something to this portfolio IVOL- This is run by Nancy Davis, and is comprised of TIPS bonds which are nominally inflation protected (doubt its real inflation but whatever) overlayed with some OTC options that are designed to pay off big if the Fed loses control of the long end of the yield curve, which is what might happen during a real inflation situation. Pays out a decent yield monthly TAIL- This is a simpler portfolio of 10yr treasuries with ladder of puts on the SPX. Pays quarterly. Equities 58% (shared with options/volatility below) This is where it gets interesting, obviously most of this is in mining shares but before I get to those I found some interesting stuff that I'm intending to build up as I pare down my miners when the time comes to start doing that. VIRT- I cant remember where I saw this, but people were talking about this as a volatility play. Its not perfect, but look at the chart compared to SPY. Its a HFT/market making operation, the wackier things get the more pennies they can scalp. A 4% dividend isnt shabby either. FUND- This is an interesting closed end fund run by Whitney George, one of the principals at Sprott. He took it with him when he joined the company. Ive read his reports and interviews and I really like his approach to value and investing. He's kind of like if Warren Buffett was a gold bug. Theres 120 holdings in there, mostly small caps and very diverse...chicken factories, ball bearings all kinds of boring ass shit that nobody knows exists. Whats crucial is that most of it "needs to exist". Between him, his family and other people at Sprott they control 40% or so of the shares, so they definitely have skin in the game. Generous dividend. ZIG- This is a "deep value" strategy fund, run by Tobias Carlisle. He has a fairly simple valuation formula called the Acquirer's Multiple that when he backtested it, is supposed to perform very well. He did an interview with Chris Cole on real Vision where he discusses how Value and Deep Value havent done well recently, but over the last 100 years have proven to be very viable strategies. If we feel that theres a new cycle brewing, then this strategy may work again moving forward. I want to pause and point out something here, Chris Cole, Nassim Taleb and the guys at Mutiny Fund spend a lot of effort explaining that building a portfolio is a lot like putting together a good basketall team. They need to work together, and pick up each others slack A lot of the ETFs I'm listing here are in many ways portfolios in and of themselves and are *actively managed*. I specifically chose them because they follow a methodology that I respect but I can't do myself because I dont have the skill, temperament or access to. The next one is a hidden gem and ties into this. I'm not sure how much more upside there is in this one but man was I surprised. SII- Sprott Inc. I *never* see people listing this stock in their PMs portfolios. A newsletter I'm subscribed to described this stock as the safest way to play junior miners. Their industry presence, intellectual capital and connections means that they get *the best* private placement deals in the best opportunities. I cant compete with a staff like theirs and I'm not going to try. I bought this at 2.50, and I liked the dividend. Since then they did a reverse split to get on the NYSE and like the day after the stock soared. When it comes to mining ETFS I like GOAU and SILJ the best. None of their major holdings are dead weight companies that are only there because of market cap. I dont want Barrick in my portfolio etc. SGDJ is a neat version of GDXJ. Aside from that my individual miners/royalty companies are (no particular order) MMX SAND PAAS PGM AUM AG MUX RIO- Rio2 on the tsx, not rio tinto KTN KL Options/Volatility: varies So this is where we get to the part about options, Volatility and how I do it. I started out in the options space with The Wheel strategy and the Tastytrade approach of selling premium. The spreads and puts I sell, are on shares listed above, in fact some of those I dont hold anymore. Theres tons of stuff on this in thetagang and options so I wont go into a whole bunch (and you shouldnt be learning the mechanics from me anyway) but theres one thing I want to go over before it gets wild. If I sell a Cash Secured Put, from a risk management perspective its identical to just buying 100 shares of the underlying security. You are equally "Short Vol" as well, it just that with options its a little more explicit with the Greeks and everything. But if I use my margin that I was talking about earlier, then I can still collect the premium and the interest doesnt kick in unless Im actually assigned the shares. But if I sell too many puts on KL or AG, and something happens where the miners get cut down (and lets be real, they all move together) my margin goes down and then I get assigned and kaboom...my account gets blown up So what I need to do, is balance out the huge Short Vol situation in my portfolio, be net Long Vol and directly hedge my positions. Since the overwhelming majority of my equities are all tied to bullion this is actually a very easy thing to do. Backspreads https://youtu.be/pvX5_rkm5x0 https://youtu.be/-jTvWOGVsK8 https://youtu.be/muYjjm934iY So I set this up so the vast majority of my margin is tied up in these 1-2 or even 1-3 ratio put spreads that *I actually put on for a small credit*, and roll them every once in a while. I run them on SLV, and GDX. I keep enough room on my margin so I can withstand a 10% drawdown before it sets off the long end of the spreads and then I can ride it out until it turns around and we keep the PM bull market going. Theres another cool spread I've been using, which is a modified Jade Lizard; if already hold shares, I'll sell a put, sell a covered call, and use some of the premium to buy a longer dated call. Ive been running this on AG mostly. I have a few more spreads I can show you but Im tired now so it'll have to wait for later. As I said multiple times, I do intend to trim these miners later but now isnt the time for that IMO. I'm also monitoring this almost full time since I have an injury and have nothing better to do until I heal :p
Greetings! 🤗 In this post, we will tell you about GLD token and its features. Token is a specialized accounting unit used to display the balance of crypto assets, that is, bitcoins or some kind of altcoins. Simply put, any cryptocurrency with which the speculator and investor wants to work is calculated in tokens. Another area of active use of the term “token” refers to the release of new altcoins, and more specifically, to the #ICO procedure. Here, tokens denote coins that exist as part of a blockchain project, for the full completion of which an ICO is carried out. The organizers announce the initial issue of coins, which are not yet #cryptocurrency. These are #tokens. Investors are buying up the amount of assets set by the developers and in this way give the missing funds. After the official presentation of the launch of the blockchain project, tokens are accepted into the overall rating of the cryptocurrency market and become full-fledged altcoins. Now you cannot call such coins tokens, since they are already becoming full-fledged cryptocurrencies. 💰 Goldario Token (GLD) GLD Token is an #ERC20 token deployed on the #Ethereum #blockchain network that works as a financial instrument offering a digitized share in the underlying gold and emerald mines and in-house jewellery production for the world market. The token can serve as a store of value while also enabling peer to peer exchange of value in a blockchain-based trustless environment. 💰 Features of GLD token:
Scalability. GLD Token is capable of handling any amount of transactional volume— all the time— without having the chances of the network getting down or showing any sign of sluggishness.
Decentralization. GLD Token is decentralized and community-owned.
Security. It uses Ethereum based PoW consensus for transaction confirmation, ensuring that no hacker or bad actors can manipulate any transaction.
Minimal Fees. It will enable users to send, receive or perform any GLD Tokens operations at minimal costs.
Exchangeable. GLD Token can easily be exchanged for USD, EURO and Pound, as well as Gems and Jewellery via the Goldario Platform.
Passive Income by purchasing and holding GLD Token.
Utility. GLD Token has a direct utility within the Goldario ecosystem whereby it can be exchanged against precious metals and stones.
Easy Transactions. All you need is a ERC20 Token supporting wallet.
Transparency. Open access to information at all times ensures a fully transparent process, accurate data records and equal terms for everyone.
36mm Ballon Bleu de Cartier Ronda Quartz w/White MOP Dial (V6 Factory) from Chazingtime
Hi Everyone! I'm so excited to post what everyone needs right now (j/k) : A watch review, and a very nice one at that! I've been on a serious Cartier jewelry kick for the past year or so and I've fallen in love with the Ballon Bleu. This is my second rep watch purchase (the first being a 31 mm Rolex DateJust w/a 2816 movement in 2015 that's still going great). Unfortunately I was a bit thirsty and being cheap during a DH Gate binge that I purchased what I thought was a decent one in December via DHL and got a complete shitter for $93! I took pics of it and immediately shipped it back via USPS Priority Mail International ($31) for a full refund ($126), which I received two weeks later. I totally forgot that I'm a longtime member of RWI and realized that I could have gotten a much better watch for only $100 more. I checked the Trusted Dealers (TD) list and saw that Chazingtime and PureTime had the watch I wanted, a Ronda Quartz, because I didn't want to get it serviced like my DateJust rep. I chose 36 mm size because I'm tall and wanted something bigger than my Rolex. It was a LONG and arduous process, but I'm glad to finally have it. Seller: Chazingtime Item: Ballon Bleu de Cartier watch, 36mm stainless steel bracelet with white mother-of-pearl (MOP) dial from V6 Factory. Price: $198 USD. Payment Method Used: Bank Wire. TD also accepts PayPal for established customers and WU. Price of Shipping: $35 to the USA. Order Timeline (I'm having a near-anxiety flashback just thinking about this):
1/11: Placed order. Initiated bank wire via my financial institution.
1/15: Wire received by seller's bank.
1/18: Payment acknowledged; order placed in "Processing" status, then...
RADIO SILENCE due to CNY then COVID-19 outbreak in China.
2/11: Ken from Chazingtime posted in RWI about factory delays and COVID-19 complications.
2/17: RWI and RepTime members post that V6 factory has reopened.
2/29:RepTime member posted that Chazingtime is back in business.
3/5: After not hearing anything from seller but seeing RepTime members post QC pics from the seller, I contacted him for an update. He sent QC pics immediately. I approved them.
3/7: Watch shipped via DHL through HK.
3/11: Watch received.
Seller Communication and Service-10/10 I tried to use PP but Ken immediately messaged to apologize and tell me that he only accepts it from established customers who have bought several watches from him. He gave me a really nice discount to use WU. I attempted to use it, but discovered that I'm banned from WU for some inexplicable reason (but I think it's because I have a federal security clearance for work, but I really believe that I've bought so many rep bags, hair extensions, and jewelry over the past dozen years that I got myself flagged). *face palm* I then messaged him to tell him that I was banned from using WU, so he immediately replied with his SWIFT code to have a wire transfer initiated, again with a nice discount for my trouble. I love how Ken was sooo responsive to my messages. I emailed him at 2:15 am EST and he replied immediately with the QC photos even though he was swamped with fulfilling new and established orders after the holiday and factory shutdown. I'd most definitely purchase from him again. Photos:
Mine. I also included a video to show how exquisite the MOP dial is! EDITED TO ADD ADDITIONAL PICS of watchAdditional pics .
Quality - 10/10 The watch is pretty well made. The Sapphire crystal glass is thick and is literally scratch proof. The blue cabochon crown is correct, easy to pull out and set the time, and the loop that surrounds it does not gap like other reps I've seen. The dial markings are clear, the CARTIER font is properly inked and spaced and, since it's quartz movement, there's no winding needed. I was really confused about the bracelet clasp; I had to watch YT videos until I got the hang of it! Accuracy - 10/10 This watch is EVERYTHING! It came fully branded and tagged, has a nice "heft" to it, and looks incredible. It has the exact markings as the authentic, and I wouldn't hesitate to wear it in a Cartier store. Unfortunately, there aren't many auth white MOP dials to compare this one to; however, I've seen a lot of pink MOP dials on Google. I actually prefer the pink MOP but the RWI guys say that the pink MOP reps aren't 100% to the authentic and are calloutable by those who know Cartier. I think the white MOP is called silver opaline, but I'm not 100% sure of it and I love this version. I've even scanned the QC and barcode that were attached to the bracelet and they took me to the leather band version on the Cartier website! Satisfaction - 10/10 Aside from waiting nearly two months for it, I'm beyond satisfied with this gem. I've also not taken it off; I've even showered and slept in i! I'm home-bound due to my workplace shutting down, so I've got to wear it somewhere! I could have easily have worn it as a dangle, but decided not to because of the dial size and weight; I didn't want to scratch or ding it. I took it to my non-judgmental (because he and his sons repair my rep Rolex without judgment) nonagenarian watchmaker in town and he removed one link and chided me to hold on to that link and charged me only $10. It now fits pretty snug on my 7.5 inch wrist but I actually prefer it this way. (I can fit one finger under the bracelet, so it's not too tight.) Lessons Learned: I know that I would have had a much better experience had I planned my purchase sooner and not wasted time with DH Gate. I also would have received my watch within the week had I been able to use WU or PP. The entire bank wire process really wore me out and extended the processing time. I learned from RWI and RepTime that some of the TDs' credit card processing software is prone to hacking and that Bitcoin or using TransferWise or Xoom are safer options for TDs who won't accept PP. Anyway, enjoy and let me know if you have any questions. 11/10 will recommend! :)
ILPT: In depth guide on how you can make a lot of money anonymously (Bitcoin)
So you've all heard of the old e-whoring and DNA scams by now, but people and corporations are already starting to crack down on them. So what do you do when these techniques become obsolete? Today I present to you: Cryptoconning! (As in cryptocurrency and con). So what is cryptoconning you may ask? Well it's a quick way to make a lot of bitcoins without them being traced back to you. I have only seen this technique used once and it *almost* got me, and I usually have a good eye for scams and the like. Cryptoconning is very easy to set up, even more so than e-whoring, as it requires no external downloads apart from a social media app/IM and a cryptowallet, although most people already have these anyway (and if you don't have a wallet set up you probably shouldn't be doing this scam anyway lol). Alright so let me explain the general idea of this scam. It relies on some small mind tricks. You know how online games always have some kind of in game currency, or a premium currency? Well the reason they work so well is because it breaks the association between money-product and adds a barrier between them (money-currency-product). Would you rather spend 5 dollars on a cosmetic item for your character, or spend 6 dollars on 600 gems, then spend 500 of them on the item and have 100 left over to spend on other purchases. Pretty self-explanatory. So now that we have the basis of the scam out of the way, let me show you how this is gonna work. You're going to offer someone 0.06 btc if they pay you 0.006 btc. Yeah, that's it. Well sort of, let me explain further. For those of you aren't into cryptocurrency, 0.006 btc is roughly 40 dollars as of right now, and 0.06 is 400. Now you are probably thinking I'm crazy, that people would actually fall for this type of scam, but it actually works. Going back to the mind trick idea, what do you think sounds less sketchier: "hey bro i can turn 40 dollars into 400 rn just paypal me the money" or "hey bro i can turn 0.006 btc into 0.06 rn just send the btc to my address". Mathematically, the difference between 0.06 and 0.006 sounds much smaller than 40 and 400 to us, even to those who understand cryptocurrencies, that's how this scam works. So you get your victim, give them this offer (change the prices if you want), hope they go through with it and boom, free 40 dollars. That easy. So now that you get the gist of it, I'll write a more in depth instruction guide below, starting with a checklist for what you'll need to pull off this devious scam: - Some kind of social media app/instant messaging app. It's better to use the more popular ones, such as Instagram and Snapchat, but you can use Kik or Skype (who?) if you want. - Fake profile. Doesn't need to be in depth like with e-whoring, just make a simple page for your bitcoin entrepreneur with a fake name, PFP etc. Your profile doesn't even need a real person, you can go for the good old Xx_bitcoinguy69_xX if you want. - YouTube account. You'll need this to "vouch" for yourself. You can just use your main if you want or make a quick Google account as this one doesn't even need any content. - Crytowallet. There are plenty of good wallets out there. I use Blockchain on my phone for easy access, and it requires no ID verification. Aaaand that's all. No extra downloads required, no "[FREE]  Cryptoconning pack | Over 1200 bitcoins included!!!!!" needed! So now that everything is set up let's get to work. The first thing you are gonna want to do is promote yourself. *Don't* promote yourself as yourself, that's just stupid. That's why we use your YouTube account to vouch for yourself in the comments of bitcoin videos. Now you may be asking, what type of video should I be looking for? And the answer is any. Really, just type bitcoin in the search box and sort by upload date. For the best results however, I would look for videos titled "how to get free bitcoins" and the like, as the type of people who will be watching those videos will be pretty desperate for money. In the comments just type something along the lines of "this is a good technique but my friend has access to a crazy mining rig. he can get you 0.06 btc in a few days message him on [social media] his name is [username].". If you want to increase your percieved authenticity, try and relate your comment to the video in some way. Yes this is more time consuming but it makes you stand out from all the bots in the comments. For example, instead of leaving the comment previously mentioned, start it like "this app is pretty cool i got 0.0002 btc in a few days. will definitely take some time but my friend already started me off etc etc etc.". Now your first victims have begun messaging you, what next? Well the next part is similar to e-whoring, so if you are experienced in that this will be a breeze. The less questions they ask, the better. This is also a good way of seeing how desperate they are, so if you feel like you can take advantage of someone, increase the prices and the "profit". Just don't go too high, and keep the difference between the price and profit low. If they start asking questions just bullshit your way through them. "Where does the money come from?" "I have access to a mining rig in Texas", "How can you get it so fast?" "We have over 350 mining rigs, with Radeon RX 460s", "How do you make a profit out of this?" "It's not my mining rig", etc etc. When they finally ask for the money, that's when you tell them about the fee. You need a good reason for this, and by far the best one is to say that you need the money to pay for the mining rig's services. This one works like a charm. So by now you should have been able to see what kind of person they are. Friendly? Go semi high with the price and if they hesitate offer to lower it a bit. Straight forward? Go somewhere in the middle-high. Asks lots of questions? Go middle and offer to lower it a bit just for them. When you've finally got them on board all you need to do is give them your wallet address and they will send the bitcoins over. Sometimes this can take a few hours or sometimes it goes through immediately, but you should recieve it the same day. And just like that, you've made yourself a quick 30-80 dollars! Now you don't your victim to get suspicious right away, so if the transaction hasn't gone through, tell them that it hasn't, and that you will get back to them as soon as it has. If you get it immediately, say "thanks got it" and that you've started the mining rig and it will take a couple days (be specific, don't just say "a few days", say "about 74 hours") and bid your farewell to them. At this point you can just block them but if you don't risk getting reported and your account taken down you can take it further. There's a chance that your victim will ask for progress on your mining so just give them a fake amount of bitcoins according to how long it's been since you "started it". So if you said it will take 74 hours and it's been 2 days since you scammed them, say you have mined 0.0454379 btc out of the 0.06 you agreed on. After the time period is finished come up with some excuse such as you're not allowed to use the mining rig anymore, or the owners took the bitcoins. Say you're sorry and that you returned the bitcoins they sent you and that it will probably take a few hours to send. You can even fake a screenshot of the confirmed transaction if you want, just in case they ask for proof, but at this point it's safe enough to block them. And that's how you make 100s of dollars in bitcoins per day, completely anonymous, less hassle than other methods and less risk involved! I hope you found this useful because it took me forever to write this. Below I made a pros and cons list for a quick summary. Happy scamming! :) Pros of cryptoconning: - Completely anonymous, can't be traced back to you, especially if you launder it through Monero - No downloads needed (except wallet and social media, but if you're on this sub you should probably already have those!) - Faster than other methods, both setting up and actually executing; victims are more straight forward and willing to pay - No need to maintain relationships with victims (also a con) - Less risk than other money making methods (DNA is being cracked down on) - Doesn't take up your time unlike e-whoring - Less saturated than e-whoring Cons of cryptoconning: - Requires you to trade bitcoins for IRL currencies if you want to move it to PayPal/bank accounts - Requires more promotion than other methods, can't just stick a profile on kikfriender.com and let it do it's thing lol - Victims are one time use, unlike e-whoring - Bigger risk of account being banned
D100 Ways to Mess With "I wish for all the gold in the world!"
It rains down on the character and kills them
Infinite gold is just a single gold piece that constantly reappears in your pocket after being spent
That's the gold from the town treasury used to pay it's workers, now there's rioting in the streets
Can't be arsed to go through all the comments but all the gold could teleport back into the interior of the world - to the mines it originated in or just like dispersed through the mantle again?
All of the gold in the world is condensed into one single coin that flotas in front of the wishmaker for a few seconds. When he goes to grab it, it stops floating and the combined mass of all the gold in the world is to heavy for any mortal to hold. It tears through his hand and throws him to the ground, leaving a 20 meter wide crater where the coin landed. Nothing can pick up the coin, but that just means that no one can steal it from the wish maker.
Everyone in the world gains the belief that gold is your personal property and feels weird about possessing it. It's like an old roommate's CDs, or an ex boyfriend's hoodie. They'll put the same amount of effort into returning it to you, but only when it's convenient. You can't really spend it anywhere either, unless they have an unhealthy desire for your possessions.
"ok it's all yours, go get it". (no gold moves)
Trade continues with coins made of other metals, and gold is a weird fringe metal that nobody will honor
All your gear is now gilded, and all other gold coins lose their color. Nobody other than you remembers the old color of gold
The uncaring diety that granted your wish also brought all the dragons that guarded hoards of gold
All the gold from underground bursts from the earth in front of you, with no convenient way to move it.
All the gold in the rest of the world disappears. Widespread chaos and confusion reigns. Literally all the gold in the world is carried in his pack. No gold in temple decorations.. magical items with gold no longer work.. etc.
The world is not defined as this world. You got all the gold in the only diamond world, so, none.
"All the gold in the world" was a poem written by a bad bard. You get a worthless piece of paper with a lackluster poem.
"All the Gold" is almost dead nag of a riding horse and was in the world. The rapid trip to get to you kills it.
You are encumbered by the gold in your possession and can not empty your inventory fast enough to escape encumbrance in the middle of nowhere. (Hope a town eventually forms around you fast.)
You get what you wish and everyone and everything else knows it, but, you do not immediately know. (good luck with all the thieves, assassins, nobles, bandits, demons, etc. gunning for you and your gold.)
Every creature that falls under "fae" or similar are forced to deliver the gold to you. Everyone from a common fairy to fae deities come one after the other, each with only one gold piece until you have all the gold in the world. They're concious of their actions but can't move freely until the deed is done. Who knows what they'd do to you once they regain control of their bodies
You get the gold... but its somewhere. Good luck finding it.
All the gold in the world, except for what’s on your person, vanishes in an instant.
All gold within 60’ of the wish maker flies to them as metal to a powerful magnet and sticks to them. They can only remove gold from their body that they are giving/donating to a person, cause, church, or kingdom/city-state, empire etc. (the person must be a stranger or passing acquaintance, no more than that, or they are using as payment for goods or services or repaying a financial debt. STR checks for movement and CON checks to remain standing will eventually be needed.
They get all the gold in the world in a spendable and secure manner. But some of that gold is cursed by various wizards and magical entities in various ways for various reasons. The owner of it now bears at least a dozen unrelated curses, maybe more.
You get all the gold but now no one has any so it holds no value. We move back into a barter system until a new form of currency can be established.
They get midas' touch and everything they touch turns into gold but if they touch a creature the creatures gains +5 ac and can still attack and move normally
The character becomes coated in gold, lowering mobility but greatly increasing defense
All gold not owned by them turns into silver.
They get their gold, only to find that the primary currency is now platinum. Gold is now only used as a component some spells, or for the properties of the material itself.
All the gold in the world disappears. There is no gold, so you have all that there is.
The gold stays where it is but technically IS their property. Good luck convincing everyone else that...
All of the gold in the world immediately teleports to their location, killing the PC immediately via crushing and flattening entire cities at once beneath thousands of tons of gold ore, coins, and dust
Ok, you now own all the gold in the world. However, it is still located exactly where it was before. You own it but it hasn't moved. Go get it if you want. And try convince the current possessor of it that you are the owner.
All the gold comes with all the dragons...
.. they cant physically shift the huge mountain of gold and people come from far and wide to take a wheelbarrow full of gold that is too large to be protected by the party..
Theres no gold anywhere else so everyone reverts to spending lead coins instead. Gold decreases in value substantially. ...
All the gold in the world technically belongs to the player but it's still wherever it was before he/she owned it. It now depicts the players head on every coin and people everywhere say things like "hey I know you you're from money!" Etc
It’s in bitcoin, what’s bitcoin? Just wait a couple thousand years.
Because wishes are directed to the gods themselves, and they see the entire universe as their "world" the gold from all around the universe is summoned to the PC's or NPC's location, the sheer amount of gold is so large that the entire planet is destroyed, along with any moons it might have, if the dm decides that the universe the campaign is in is very very very VERY rich in gold, he might aswell say that because so much gold was teleported to a specific location, it collapsed upon itself and formed a black hole.
Your players hear a loud, familiar sound of earth moving as if an earth elemental started traveling beneath them. Your player hears something rustle in the grass, PC looks down and there, under a dead leaf, lies a single spec of gold ore. Pulled from the earth they stand on the gold ore inside the earth always moves up towards the player. If they stay in one spot for longer than a week it begins to pile.
It is in one enormous coin, and nobody can make change. You try to break it into smaller pieces, but are stopped by the authorities because it has the emperor's face on it.
Everyone else will see the color gold as a muted grey.
You now possess all the gold in the world, but now everyone wants to kill you for it
The wisher get the world's supply of fool's gold (pyrite). Hope they enjoy the irony.
Every sentient creature is "informed" that you are now the owner of all the gold in the world. No gold actually moves anywhere and it is up to you to enforce your righteous claim.
The color "gold" is suddenly drained from all things which become more brown or yellow. Now only you can bestow this color onto objects and creatures.
You get your wish, but no one has any gold left so the economy crashes.
All the gold in the world includes the gold guarded by every dragon. Bringing the gold to you also brings you its previous owner or notifies them of your act.
This could also be applied to innumerable other monsters as well.
At first, the gold rivers streaming through the air above the wisher's location is amazing. Verucai Saltberry can eat her heart out. Then, as the rivers make landfall, a nervous quiet overcomes all those who witness the spectacle.
All the gold in the world now rains down upon their location.
After half of one hour, 2d12 * 10 acres are covered in anything made of gold. Coins. Ore. Candelabras. You name it. I don't think there are enough dice to calculate the weight...
Hot molten gold floods in your direction
The world decides that gold is now useless since no one has it. They switch to using electrum.
You get it. Exactly as you intended, all the gold coins in the world. But, every dragon, king, crime boss, even members of your own party just had all their gold stolen from them, and they aren't happy about it.
The color gold dissapears from everything in the world unless it is owned by the wisher. Gold is suddenly indistinguishable from silver except by alchemists and smiths and dragons. As a trade currency it becomes almost worthless. The economy plunges into turmoil and as the value of gold plummets so do dragons interest in it. The land devolves into chaos as they suddenly struggle to work out wealth. Gems and iron both skyrocket in value. Dragons, furious at their essentially worthless hordes that they’ve amassed over the years rage across the land. Gold dragons go black. They’ve lost their color. There is a sudden increase in black dragons. Chaos takes hold and the black dragons start taking over the land.
All the gold in the world disappears leaving only what they have on their person
The dragons of the world soon realize where their horde has been taken. They all have you in their sight.
It’s in one solid brick that’s practically worthless for the size
You find yourself atop a mountain of all of the world's gold. Every greedy dragon in the world will soon be converging on your location to fight for this prize, with you in the middle. This being all the gold, that pile includes the scales from every gold dragon in the world, which you've just forcibly torn apart with your wish. Even the good-aligned dragons now see you as a genocidal monster that must be destroyed for the safety of their own kind. Your death is suddenly the singular goal that unites almost every dragon in the world. Also, all Electrum becomes a sort of brittle silver. That will please our DM, who hates having to include electrum coins in currency conversions.
"Granted" and it seems as if nothing happens.Then, after a moment passes, there is a slight thump nearby.And then something light hits the player, rattling off of him, looking down he sees a small, wonderful necklace with a lithe, golden chain attached to it.And then a coin lands next to it.And then another.And another.The sound of falling gold escalates, turning into a storming, crashing chaos as all gold in the entire world falls from the sky in a roaring hail of death.And then all is silent, coins, jewelry, ore, newly refined gold and everything else stands as a small mountain where once there was a campsite and a forest, all of the players are dead or dying underneath that silent, golden hill.
The planet's core loses all of its gold, which, in a supercritical molten state, appears floating as a series of masses overhead. This explodes and showers the area in forcefully-flung chunks of gold. Good job.
The gods of wealth and trade are suddenly obliterated, and you are filled with divine power contained only by your mortal vessel, which wrecks havok on the divine realms and the mortal world. You probably don't survive. Good job.
The gold is helpfully contained for you, and only consists of gold coins! ...Unfortunately, they appear in every single container or vessel you own or touch, forever, making it impossible to eat or drink except off the ground and makes clothing, home ownership, or trade tricky. Good job.
They now own the license to obscure Half-Orc Bard Elzic Pagavian's folk album "All the gold in the world". Elzic is, however, an extremely competent adventurer and will not stand for having his art stolen out from under him.
The power behind the wish misunderstands the intent and makes the wisher the only person to have a thing of that color.
They get all the gold in the world, being the only one to posses gold, it becomes useless and the world's currency standards change.
They didn't specify which world, molten gold pours in from a fire world
Granted, since they specified “in the world” they now have a mountain sized pile of unrefined and impure Gold Ore, this pisses off all the Dwarvern clans as each ones mining operation is funded mostly by processing and selling Gold and similar materials. You and the party are now enemies of every dwarf Clan and their allies.
I started an entire campaign with a similar premise involving a lamp, an efreet, and a Wish. I had a kingdom's worth of gold appear in a magical bag (like a bag of holding), but it was a solid cube that couldn't be pulled through the tiny opening of its container. Made for a lot of memorable scheming on the part of the players!
They get all the gold in the world, the economy is no longer based on gold as there is none in circulation, brass coins replace gold coins
You immediately stand upon a mountain of all the gold in the world. Seeing as you are the only one who has any, Silver becomes the dominant currency, making gold worthless. In addition, you piss off several dragons with hoards. At the same time, most kingdoms fall into financial ruin as they desperately attempt to find a new currency. While all this is happening, sinkholes begin to appear around the world as huge underground deposits of gold have vanished, allowing the ground to give way.
All the gold not owned by the players is suddenly converted into silver. Currency now takes up 10x the amount of space which means any storage suddenly becomes limited.
For the wealthy lords, it’s a nuisance that their pockets are suddenly weighed down or overflowing. For the banks that have just exploded... it’s a different matter.
All the gold deposits from underground are drawn to the PCs creating huge destructive geysers and destroying everything in their path on the way to them.
All the gold deposits from underground are drawn to the PCs creating huge destructive geysers and destroying everything in their path on the way to them.
They start magnetically attracting every coin they walk by forever.
All the gold in the world disappears and the world is changed to a paper-money system. The gold you have is the only gold remaining in the world, but it is useless as a currency. Maybe some alchemist will buy it from you?
The rest of the gold in the world disappears, all that's left is what three player has on them
Assuming they mean currency they're giving all the gold in the world translated into copper and they need to find a way to haul the several million metric tons of copper they have now. assuming they mean or they are now surrounded by all currently existing veins of unrefined gold ore
The player now owns all the gold in the world... And the accompanying tax bill.
Elderly people appear
You get all the Gold in the world, and everyone is hunting you for thievery
Gold is molten, appears in your pocket
total collapse of the gold economy because there’s a lot more gold beneath the crust than in it, and it’s all technically in the world
Hello Everyone, Early investor here who is appreciably frustrated by the mismanagement of this project. I won't get into the specifics of the past and would instead like to focus on the right here right now; I'm attempting to do a very detailed overview of the Zilliqa website and the changes I -- and I'm guessing most of the community -- would like to see (I'm basing this on the favourable response to my previous posts). The purpose of this exercise is to not only improve the website but more importantly highlight some of the ways in which Zilliqa needs to change its thinking, attitude, and general verbiage. Why should Zilliqa do this? Because I feel they are obliged to not only build a good product but also make Zilliqa pervasive, showcase the intents and efforts to do so, and as a result proliferate and increase usage/demand of the currency and in doing so, do right by the investors that financed the pursuit of Zilliqa team members' dreams. Also Zilliqa Team, if you don't have someone like me on your team picking apart every aspect of what you're doing or not doing, I suggest you get one. I get the sense the Zilliqa Team is a tight-knit group, so tight-knit that they're probably often afraid to disagree with one another, instead electing to give out A's for effort. As I'll point out later, that behaviour isn't ethical. The responsibility of Zilliqa Project Team (the ones who were not so cowardice to leave the project), is to build and sustain the advancement of this blockchain's use and popularity for the end goal of adoption and actual ZIL for goods and services use. The flash in the pan across 1 billion was nice but the fact remains this project SHOULD be top 10 by marketcap but right now we are simply getting outworked by other projects putting substantially more effort into business development, or the appearance thereof via marketing, communications, and overall more exciting community engagement, Without further preface , here are my early Zilliqa.com main page observations: Zilliqa.com Page:
Please stop being so polite; Zilliqa is not “Enterprise Ready” Zilliqa is “The #1 Enterprise Blockchain of Choice” or “The Best Enterprise & Developer Blockchain in existence”; please, modesty is NOT needed when it comes to educating about and marketing your product. I get the sense that the Zilliqa project is “anti-hype” and in some sense believes that to be an ethical or moral approach to conducting a business in the blockchain space -- BUT, I invite Zilliqa to look at this from another perspective. Investors are the ones who financed this project, and although “the vocal community” – i.e. Redditors, Telegramers, does not likely have angel fund investors in it, we still provided a large portion of our personal funds to make this project successful. Zilliqa’s ETHICAL and MORAL responsibility lies in appeasing the requests of investors who want to see the price of Zilliqa soar. That being said, it’s definitely also ethical and moral to have some measure of truth in your communications and claims but that DOES NOT equate to being unnecessarily vague or humble in your communications approach. Is Zilliqa not the best or one of the best blockchains of choice for enterprises and developers alike? If it isn’t then why do you have Xfers, Mindshare, Aqillz, HgExchange, and the like building on ZIL? The top spot deserves to be had by Zilliqa, but the team has to CLAIM it by PROCLAIMING it. Please, change the mentality from underselling to at least appropriately selling. Zilliqa is beyond ready, it’s one of if not the best blockchains of choice for developers and enterprises alike.
Under “Zilliqa at a Glance”
- Research brought to life: good - “Mainnet Live Since Early 2019”: Why does that matter? First to use sharding as a scaling solution – why do we care? What’s sharding? Is that what you tell enterprises who might want to use Zilliqa? We were the first to shard? How about we have the fastest, safe, distributed, verifiable ledger on the planet; which enables the development of the highest performance enterprise applications the world has ever seen. Speed, efficiency, irrefutability, all translating to better performance, data, and overall cost savings. Aqillz was created off the mindshare & pepsi co. pilot correct? So obviously, significant cost savings are not only possible but highly probable with a blockchain like Zilliqa to build on. - Sharding in Practice: Great. No one cares if Zilliqa scales linearly or exponentially; if it scales it scales. Tell me something I don’t know that makes it real for me. “Processing more transactions faster, safer, irrefutably, and at a lower cost than Visa or any payment processor in the world” - Safe by design contract language – What’s the point of smart contracts, really? Is it automation? Automation to what end? Is it a technical feat to behold? What does it enable? Efficiency? Cost Savings? Cutting out the middle man? Isn’t the middle man just a coder now? When you talk about your smart contract language, tell me why it really matters. Imagine a world where “………………”; you have to tell the enterprise, developer, or end user why they might care. - Eco-Friendly dual mining: I would change this to: ENVIRONMENTALLY FRIENDLY CRYPTOCURRENCY or AN ENVIRONMENTALLY SUSTAINABLE CRYPTOCURRENCY SOLUTION; SUSTAINABLE AND ENVIRONMENTALLY BITCOIN. This needs to be changed to sustainable in either event because eco-friendly is narrower in scope and doesn’t encapsulate what Zilliqa is actually trying to say here; technically, Bitcoin could even make the claim at this moment in time that it is eco-friendly; destroying or not destroying habitat isn’t the question here, sustainability through cradle-2-grave is the real concern. Bitcoin’s process isn’t environmentally sustainable, but it isn’t directly ecologically harmful. Please choose words specifically and purposefully. - Blossoming Ecosystem: I have a real gem in terms of marketing to share with Zilliqa here; it gets the point across of what a healthy ecosystem really means for commerce, business, and end users. I’d like for you to specifically inquire for more details on this.
Token Swap Deadline – Put this in a pop-up in one of the corners on the main page; don’t need a randomly placed section of this on the main page; looks unrefined.
Faces of Zilliqa – not a bad idea but it’s fair to say some serious expansion is required here. The amount of effort that has been put in is incredibly lackluster I would put substantially more effort into key players from strategic partner or “friendships”/collaborators as you term them. Again, not entirely sure why this is featured on the main page.
ZILHive – randomly on main page and selectable from the dropdown menu; just the dropdown menu would suffice. Simplicity is a better look on the main page; state only the most important and essential bits of information.
2 Million Transactions – again quite random and unrefined; could this not be moved under the Zilliqa News page?
Tianwei Liu – this is significant, but again, wouldn’t it be better placed under Ecosystem or “Faces of Zilliqa”?
Unstoppable Domains Video – cool; why is it on the main page?
Overall guys the website’s first page has some good content, I’m just not sure I understand the vision behind randomly jumbling it altogether. Was there any discussion on this at all? I realize you’re all knee deep in technical works but somebody within the Zilliqa Team has to be knit picky and critical of majorly important communication events like the launching of a website. BTW, probably the 10th time I’ve asked, where is Anquan in all of this? None of my questions have yet to be answered, where is the extraordinary support to the tune of $20 million Zilliqa is supposed to receive from Anquan? Where is the detailing thereof? Why isn’t Anquan under Ecosystem or “Faces of Zilliqa”? Tell me more about what they’re doing with their token sell-off that tanked the price of Zilliqa, would you? You guys said you had 4 years of treasury runway, why then was Anquan’s sell-off and tanking of the price imperative to support YOUR operations? I swear I will bring this up every month until the community gets a respectably specific answer. Stop with the vagueness please and thank you. I fully expect to be contacted by Zilliqa after this, enough with the slow-going head in the weeds approach. Let’s get some precise, purposeful, and timely efforts in the domain of communications, marketing, and business development. Thanks for taking the time to read; Again – HAPPY TO HELP IF YOU’RE IN NEED; WILL WORK FOR MARGINAL SUMS; Kind Regards, Zilliqa Project Investor and Proponent
Ultra - A NFT based steam competitor backed fully by AMD
Ultra to put it simply, is not just planning to be a steam competitor but a one stop shop for all of gaming. Now before you say no one can can compete with steam, especially some small company, know this: AMD is fully backing them and is designing their processor to integrate a Crypto UOS wallet and an option to install Ultra when installing a new AMD cpu or graphics card. AMD has millions of customers and are going to push Ultra to all of them the same way windows pushes Internet Explorer
AMD has a page referencing Ultra on their website.
Ubisoft and AMD employees hang around in the ultra TG, chiming in here and there. No other crypto has that sort of support. List of things Ultra is trying to accomplish:
A digital Game store like Steam, and providing more ownership for your games by turning all games into an NFT that you completely own. You can transfer this game to other stores, sell it to other people, you own it completely. (NFTs are game items like fortnite skins, or weapon games or could be actual games too)
An ebay for NFTs and to sell second hand digital games. (Devs get a percentage of each sale of item NFTS and Games NFTS). UOS needs to be staked to create NFTS.
Integrated Esports, streaming and social media features
An intergrated optional miner to automatically mine whatever coin and convert to uos, all with the click of a button (everything happens in the background), also ability to watch ads for Ultra.
An eco system revolving around UOS, UOS will be used as payment for everything. The user uses their debit card to buy something on ultra, its automatically converted to UOS, percentage given to devs, devs can use a percentage of sales for advertising on Ultra, another percentage to pay streamers to pay and another to send the rest to their bank account in dollars. They can have all this automated.
The user will only ever see the dollar amount in their wallet, they won't know they are using UOS.
Big focus on streamers, refferal systems where they get a cut of sales for advertising games or special items for their fans ( will depend on what developers want to offer).
There's a whole lot more stuff but these are the basic things they are doing.
The blockchain is based on EOS, but they forked it so they can control it. Instead of miners, you have block producers. The current block producers announced include: ULTRA, UBISOFT, AMD, EOS FOUNDATION, BITINFEX, will be at least 21. Reduces any collusion because the reputation of these companies is on the line. Brand integrity is very important.
-10 Million Market Cap
Relatively Unknown Gem, going to go all out on marketing when the beta is released in Mid Q2.
Working With AMD and Ubisoft. When you get a free game when purchasing a AMD processor, they will have the option to install Ultra and redeem the game on their. The same way when you get a computer the first time and it makes you install Internet explorer. AMD is really going all out in supporting Ultra.
Hired high up people who used to work at Blizzard, Former CTO of Time Warner, Gaming director of Apple and Google and a few more. Competant and ever expanding team, the blockchain is based on EOS but they have basically forked it and made their own.
Beta is being used by the partners (AMD UBISOFT) and they are happy with what they see saw far. They wanted it delayed so all of the features were properly ready, and they could announce everything with a bang. Learning fron Epic stores mistakes.
Beta will be released to us in Q2. Full launch Q3. Like I said this is just a brief overview there's more features I haven't mentioned, its very ambitious but the Beta is almost ready. They have been working for 3 years quietly in the background.
More info can be found: In these Telegram groups: @ultra_io @ultrasecret
When all of this comes to fruition without any hiccups, which is very likely as they have very experienced people working on this, then a 1 billion market cap is easily achievable. The gaming market is massive and Gamers love new things. NFTs will revolutionise gaming making it more consumer friendly by giving people more ownership of their digital items. It will be the first ecosystem to be properly mass adopted and will happen almost instantly due to AMD pushing it to millions of customers. 1 billion market cap is honestly a very conservative prediction, it will easily surpass Bitcoin when taking into account how much gamers spend.
If all this was useful and you want to tip me here is my eth address:
Any questions let me know
Only available on bitinfex right now, will focus on exchanges closer to launch.
Ferrum Network Community Update — December 8, 2019
Dear Community, What an exciting and jammed pack few weeks it has been — with the launch of staking, the 2Key Network partnership, and a major Kudi update — to name a few! But as the profile of Ferrum continues to grow, it is essential we never stray from the fundamentals that got us this far: hard work, transparency, and a commitment to community. In this community update, we provide a recap of the last few weeks, and look ahead to a few initiatives we are planning. Business Update With the release of the FRM Flexible Staking platform, we took that opportunity to kick the marketing into high gear. These marketing efforts paid off, and we were fortunate to be picked up by top influencers like Teh Moonwalker, Oddgems, and Micro Cap Gems. Here’s what happened the past few weeks.
Released FRM Staking version 0.1 with the 18 month staking pool selling out in about 15 minutes. The total amount of FRM locked for staking is 8,412,666 + 2,397,260 locked for rewards, which equate to around 10% of FRM circulating supply.
Conducted no less than 10 AMAs in the past 4 weeks in major channels like Moonwalker’s, the AMA Room and CryptoCabital, among many others.
Announced a partnership with 2Key Network to utilize their Smart Links technology so our community can be rewarded for referring Ferrum Network products.
We’ve also seen strong growth of the Social Mining platform, with over 50 members now actively participating in the community created Social Mining Chat, and no less than 3,083 members signed up for social mining.
Tech Update For those who missed the Tech Update from our CEO Naiem Yeganeh, PhD, here are some highlights:
Backend. we have made major progress in the backend which is enabling us to launch products faster and cheaper, such as building abstraction layers around security and chain access to speed up the development process
Coding. The dev team have been working on more than 25 repositories and has averaged around 1.5 commits per day, including weekends.
Products. In the past 3 months we have built several products including KYC collection, management tools, and the Token Bridge. Last product is our staking platform built on top of Ethereum network, which is a flexible staking system for ERC20 tokens and a MetaMask integrated UI.
First Kudi. Significant progress in improving, refactoring, and adding features including one-click bank accounts, POS improvements, automatic invoicing, and more.
Unifyre Wallet: Backend is mostly complete, and we are working very hard to make it ready for Beta testers by end of year. Unifyre will be a unique multi-chain crypto wallet. It will be the first wallet where you completely take control of your private keys, but can benefit from server side security checks such as two factor authentication, AI based fraud detection, geo-fencing, locking account on a lost or stolen phone, and other security features. You will have access to buy crypto around the world and will work seamlessly with other Ferrum products.
Network and other products: Most work on Unifyre and Kudi are architectured in such a way to optimize code re-usability. We are making progress toward some other products and the mainnet, which will be announced accordingly.
First Kudi Update The First Kudi team on the ground in Nigeria continues to make significant progress.
Announced the new First Kudi website along with the upcoming initiative with the Kudi Bank card
Added a major feature to the app which gives all our users their own personal bank account through our partnership with Providus Bank!
Our Referral Program has seen major growth, with nearly 100 users being referred in the past few weeks and growing daily!
Apple iOS has been preliminarily approved! However, Apple is requesting certain accommodations so the app works on the iPad, which may require more development work. We appreciate your patience.
We released an early version of a video showing merchants using the app. More videos will be released soon.
What’s Next It is critical we capitalize on the attention we have garnered from the team and community efforts, and to start 2020