Exchange Binance Coin to Bitcoin Cash FixedFloat

How To Send Bitcoins From Coinbase.com

How To Send Bitcoins From Coinbase.com
Coinbase is one of the biggest and well-known bitcoin exchanges and it is considered to be the most suitable platform for beginners to start use with the Bitcoins.
In this blog we are going to discuss how to send their Bitcoin from Coinbase to other wallets or to different exchanges.

How To Send Bitcoins From Coinbase.com

Step 1: Send Bitcoin from Coinbase
Open your coinbase account
Hope you already purchased some bitcoins
Choose the platform whether you want to use coinbase or coinbase pro
Next step initiate the transfer from Coinbase

How To Send Bitcoins From Coinbase.com

To initiate the transfer from your basic Coinbase account:

Click on to the Coinbase “Accounts” button at the top of the page to see a list of all of your wallets.
How To Send Bitcoins From Coinbase.com
Click on “BTC Wallet” and press“Send”.
Clicking on this will open up a larger menu that will allow you to provide further details about the transfer.
To Initiate the transfer from Coinbase Pro
In the Coinbase Pro account hit the “withdraw” button that you’ll find on the left side of your screen.
A small menu will pop up with a “Currency Type” drop-down menu bar.
Click on the drop-down portion and select BTC.
This will further expand the menu so that you can enter the details of your transaction.
Now input your transaction details, and move onto the next step!
Step 2: Find your Recipient Public Address

How To Send Bitcoins From Coinbase.com
To find your recipient's public address ,first of all you need to input your wallet address where you are going to be receiving your Bitcoin from Coinbase.
Let's find below how to send Bitcoin from Coinbase to Binance, Bittrex, Kraken, Poloniex, Electrum, Blockchain.com, or other platforms.
How to Send Bitcoin from Coinbase to Binance

How To Send Bitcoins From Coinbase.com
Click on the tab that resembles a person’s head and shoulders.
A drop-down menu will appear. Click on the “estimated value” button and you will be brought to a page that will list all of the coins you can exchange on the platform as well as your balance for each.
Find the BTC line and click on “deposit” on the right side.
Now you will land on a page which shows your transaction history and a wallet address, in that click on the “copy address”.
Next go back to your Coinbase account and to the transfer menu you opened earlier.
In the recipient/destination section, paste the address you just copied and insert the amount of Bitcoin you want to send in the “Amount” box.
Press “continue” and you will then be asked to confirm this information.
Carefully check everything looks right, and confirm the transfer.
How to Transfer Bitcoin from Coinbase to Bittrex

How To Send Bitcoins From Coinbase.com
Click on “wallets” in the top right corner of the Bittrex website.
You will find now a list of all coins that can be exchanged on the platform and the amount that you are currently holding..
Find the Bitcoin section by either navigating through the list or by searching for BTC in the search bar that is located above the list of cryptocurrencies.
Once you have found the Bitcoin bar, click on the small green circle on its left side and this will show you your Bitcoin deposit address.
Click on the clipboard icon located right next to your BTC address and this will copy your wallet address on clipboard.
Return to your Coinbase account and paste this address into the recipient/destination bar.
Then, add the amount of Bitcoin you want to transfer, continue, and confirm the transaction.
How to Transfer Bitcoin from Coinbase to Kraken
How To Send Bitcoins From Coinbase.com
Click on the funding button in the kraken dashboard.
On the left side of the page you find all the available cryptocurrencies on the exchange.
Click on the bitcoins and scroll down the page to find your Bitcoin deposit address. If you have not found the address then, click “generate new address”.
Copy and Paste this address into the recipient bar, and then add the amount of Bitcoin you want to transfer, continue, and confirm the transaction.
How to Transfer Bitcoin from Coinbase to Poloniex

How To Send Bitcoins From Coinbase.com

In the poloniex dashboard you find the “balances” tab., in that click on “deposits and withdrawals” tab.
Now you will be redirected to a page which has a list of all cryptocurrencies.
Click the deposit button on the right side of the bitcoin section.
Now you get your wallet address, copy that address and paste it into the recipient/destination bar.
Next add the amount of Bitcoin you want to transfer, continue, and confirm the transaction.
How to send Bitcoin from Coinbase to your Electrum Wallet

How To Send Bitcoins From Coinbase.com
When compared to all other platforms, sending the Bitcoin from your Coinbase account to your Electrum wallet is very easy.
Initial process opens up the Electrum software.
Click on the “receive” tab which is located next to the send and history tab, where you’ll find your Bitcoin public address.
Copy this address by clicking on the small clipboard icon next to the wallet address.
Once copied, return back to your Coinbase account and paste this address into the recipient bar.
Then, enter the amount of Bitcoin you want to transfer to your Electrum wallet, continue, and confirm the transaction.
How to transfer Bitcoin from Coinbase to your Blockchain.com Wallet
To send Bitcoin from Coinbase to Your Blockchain.com wallet:
How To Send Bitcoins From Coinbase.com

First visit the dashboard of your Blockchain.com wallet.
In the top of the page, find and click the “request” button.
Request button will show your Bitcoin wallet address.
Click the “copy” button next to the wallet address, and return back to your Coinbase account.
Paste the address into the recipient bar, enter the amount of Bitcoin you want to transfer, continue, and confirm the transaction.
Step 3: Follow up with your Transfer
Following the above steps, you will be able to send out your Bitcoins from your coinbase account.
Next step you have to watch your transaction.
How to watch your Transaction from Coinbase
Randomly check your transaction history on Coinbase
Click on the most recent transaction on the list of transactions on your Coinbase dashboard.
This will clearly show you more details about your transfers.
Click on the link that says “view transaction” and you will be brought to a blockchain explorer, where you will find all the details of your transaction, including its status and the number of confirmations that took place.
How to watch your Transaction from the recipient Exchange/Wallet
You can also view about your transaction exchange platform, as such the
Deposit section of the Binance exchange, the funding section of the Kraken exchange, the history section of the Poloniex exchange, the Bitcoin transactions section of the Blockchain.com website
The history section of your Electrum wallet, which can be viewed when you click on any of your transactions in the “history” tab
The wallets section of the Bittrex exchange when you click on Bitcoin
How long does it take to send bitcoin from Coinbase?
The bitcoin transfer takes only two-minutes., but sometimes it is as late as hours after your transfer. The delay happens because you will need to be verified by miners, and also it depends upon the speed of the network, this could be either a slow or fast process.
Wallets like Electrum only request one confirmation, which is much faster than using an exchange like Kraken, which will require six confirmations.
When a Bitcoin transaction is sent out, it has to wait until it is ready to be verified by a miner. Once it is ready for verification and has been shown on the network, it will receive one confirmation.
Each new transaction added to the network will add another confirmation to yours and some platforms prefer waiting for additional confirmations to make sure that everything is correct before they add your funds to your wallet.
If you have any queries then ask our experts at https://stealthaccshop.com or feel free to call us at +1(480) 637-7566 or have a chat with us at SKYPE/Mail [email protected]
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The Exhaustive EOS FAQ

The Exhaustive EOS FAQ

 
With the large number of new readers coming to this sub we need to make information easy to access so those readers can make informed decisions. We all know there is an unusually large amount of Fear, Uncertainty and Doubt (FUD) surrounding EOS. Frankly, when clear evidence is provided it’s not that difficult to see EOS for the extremely valuable project it is. This post hopes to begin to put an end to all the misinformation by doing the following:  
  • Giving a clear and concise answer to the most frequently asked questions in regards to EOS.
  • Giving a more in-depth answer for those who want to read more.
  • Allowing readers to make informed decisions by making credible information easy to access.
 
As EOS climbs the ranks we need to recognise there are going to be a lot of skeptical readers coming over and posting their questions. Sometimes they will be irrational, hostile and often just looking for a reaction. We should make it our responsibility to welcome everyone and refrain from responding emotionally to provocative posts, instead providing factual and rational answers.
I will add to this post as and when I can, if you have any ideas or spot any mistakes let me know and I'll get them fixed ASAP. Im planning to add a bit on the team, centralisation and DPOS, governance and EOS VC shortly but please let me hear your suggestions!
 

FAQ

1. How do you registeclaim your EOS tokens before June 2018?

 
Answer courtesy of endless. If you have not done so, you will need to create a new pair of EOS public and private keys and register them with an Ethereum address. This only needs to be done once.
On or around June 1, 2018 all EOS Tokens will become frozen and non-transferable on the Ethereum blockchain. Not long after, I suspect that EOS community members will create a snapshot of token balances that carry over onto a new community generated and selected EOS blockchain. block.one will not be launching EOS blockchains or operating any of their nodes. Additionally, this is a community subreddit unaffiliated in an official capacity with block.one
Method #1: MetaMask (recommended)
Video guide: https://www.youtube.com/watch?v=8K1Q5hX_4-o
steemit tutorial: https://steemit.com/eos/@ash/full-walkthrough-how-to-join-eos-ico
Method #2: MyEtherWallet
steemit tutorial: https://steemit.com/eos/@sandwich/contributing-to-eos-token-sale-with-myetherwallet-and-contract-inner-workings
Method #3: Exodus Wallet
Official website tutorial: http://support.exodus.io/article/65-i-ve-received-eos-tokens-in-exodus-how-do-i-register-them
Important note courtesy of dskvry bka Sandwich, the author of Method #2's steemit tutorial:
claimAll will not work for most users. When you get to the claim step, please use the following tutorial: https://steemit.com/eos/@koyn/minimizing-the-cost-of-gas-when-claiming-eos-using-myetherwallet
Did you buy your EOS tokens on an exchange? (Courtesy of IQOptionCoin)
REMEMBER YOU ONLY NEED TO REGISTER YOUR TOKENS IF YOU BOUGHT THEM ON AN EXCHANGE. YOU DON'T NEED TO CLAIM THEM.
  1. Go to the EOS website https://eos.io
  2. Scroll down and select "GET EOS"
  3. Tick all the required boxes and click "Continue"
  4. Scroll down and click "Register"
  5. Select Metamask, MyEtherWallet, or Ethereum Wallet
  6. Follow the guide.
  7. Remember that the reason you need to register your Ethereum ERC-20 address is to include your EOS tokens in order for the balance of your EOS Tokens to be included in the Snapshot if a Snapshot is created, you must register your Ethereum address with an EOS public key. The EOS snapshot will take place prior to the 1 June 2018. After this point your ERC-20 EOS tokens will be frozen. And you will be issued EOS tokens on the EOS blockchain.
So PLEASE REGISTER your Ethereum address NOW, don't forget about it, or plan on doing it some time in the near future.
There are a lot of submissions about this in /eos, so rather than making a new one please reply to this thread with any questions you may have. Don't forget to join the EOS mailing list: https://eos.io/#subscribe and join the EOS community on your platform(s) of choice: Telegram, Discord and/or Facebook.
And remember, if anyone instructs you to transfer ETH to an EOS contract address that doesn't match the address found on https://eos.io you are being scammed.
 

Sources:

How to registeclaim your EOS tokens before June 2018 by endless
Official EOS FAQ
 

2. How will the token the ERC-20 EOS tokens be transferred to the native blockchain?

 

Quick answer:

There isn't one! Read the long answer then read it again, registering your Ethereum wallet is mandatory!
 

Long answer:

Within 23 hours after the end of the final period on June 1, 2018 at 22:59:59 UTC, all EOS Tokens will become fixed (ie. frozen) and will become non-transferrable on the Ethereum blockchain.
In order to ensure your tokens are transferred over to the native blockchain you must register your Ethereum address with an EOS public key, if you do not you will lose all your tokens! I am not going to link any tutorials as there are many that can be found by searching Google and YouTube.
block.one is helping with the development of snapshot software that can be used to capture the EOS token balance and registered EOS public key of wallets on the Ethereum blockchain. It is then down to the community to create the snapshot. This snapshot can be used when generating a genesis block for a blockchain implementing eos.io software. block.one will not be launching EOS blockchains or operating any of their nodes.
 
Exchange Support
Some exchanges have announced that they will support the token swap. Although using this method will undoubtedly be much simpler than registering the tokens yourself it also comes with its pitfalls.
  • It is highly likely there are going to be multiple networks running on the eos.io software that use the snapshot. It is highly unlikely that exchanges will support them all.
  • It is highly likely that exchanges will not support airdrops that use the snapshot.
Exchanges that have announced support for the token swap include:
 

Sources:

EOS.io
 

3. What does EOS aim to achieve?

 

Quick answer:

EOS.IO software is aiming to provide a decentralized operating system which can support thousands of industrial scale DApps by enabling vertical and horizontal scaling.
 

Long answer:

EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications.
 

Sources:

Official EOS FAQ
 

4. Who are the key team figures behind EOS?

 
  • CEO Brendan Blumer - Founder of ii5 (1group) and okay.com. He has been in the blockchain industry since 2014 and started selling virtual assets at the age of 15. Brenden can be found on the Forbes Cypto Rich List. Brendan can be found on Twitter.
  • CTO Dan Larimer - Dan's the visionary industry leader who built BitShares, Graphene and Steemit as well as the increasingly popular Proof of Stake Governance and Decentralised Autonomous Organization Concept. He states his mission in life is “to find free market solutions to secure life, liberty, and property for all.”. Dan can also be found on the Forbes Cypto Rich List. Dan can be found on Twitter and Medium.
  • Partner Ian Grigg - Financial cryptographer who's been building cryptographic ledger platforms for 2+ decades. Inventor of the Ricardian Contract and Triple-Entry Accounting.
 

Sources:

Forbes Crypto Rich List
 

5. Where can the latest EOS news be found?

 
Official:
Community:
Developers:
 

6. Which consensus mechanism does EOS use and what are Block Producers?

 

Quick answer:

Delegated Proof of Stake (DPOS) with Byzantine Fault Tolerance. Block Producers (BPs) produce the blocks of the blockchain and are elected by token holders that vote for them. BPs will earn block rewards for their service, these block rewards come in the form of EOS tokens produced by token inflation.
 

Long answer:

Taken from the EOS.IO Technical White Paper v2:
“EOS.IO software utilizes the only known decentralized consensus algorithm proven capable of meeting the performance requirements of applications on the blockchain, Delegated Proof of Stake (DPOS). Under this algorithm, those who hold tokens on a blockchain adopting the EOS.IO software may select block producers through a continuous approval voting system. Anyone may choose to participate in block production and will be given an opportunity to produce blocks, provided they can persuade token holders to vote for them.
The EOS.IO software enables blocks to be produced exactly every 0.5 second and exactly one producer is authorized to produce a block at any given point in time. If the block is not produced at the scheduled time, then the block for that time slot is skipped. When one or more blocks are skipped, there is a 0.5 or more second gap in the blockchain.
Using the EOS.IO software, blocks are produced in rounds of 126 (6 blocks each, times 21 producers). At the start of each round 21 unique block producers are chosen by preference of votes cast by token holders. The selected producers are scheduled in an order agreed upon by 15 or more producers.
Byzantine Fault Tolerance is added to traditional DPOS by allowing all producers to sign all blocks so long as no producer signs two blocks with the same timestamp or the same block height. Once 15 producers have signed a block the block is deemed irreversible. Any byzantine producer would have to generate cryptographic evidence of their treason by signing two blocks with the same timestamp or blockheight. Under this model a irreversible consensus should be reachable within 1 second."
 

7. How does the voting process work?

 
The voting process will begin once the Block Producer community releases a joint statement ensuring that it is safe to import private keys and vote.
Broadly speaking there will be two methods of voting:
  1. Command Line Interface (CLI) tools
  2. Web portals
EOS Canada has created eosc, a CLI tool that supports Block Producer voting. Other Block Producer candidates such as LibertyBlock are a releasing web portal that will be ready for main net launch. There will be many more options over the coming weeks, please make sure you are always using a service from a trusted entity.
Remember: Do not import your private key until you have seen a joint statement released from at least five Block Producers that you trust which states when it is safe to do so. Ignoring this warning could result in tokens lost.
 

8. What makes EOS a good investment?

 
  • Team - EOS is spearheaded by the visionary that brought us the hugely successful Bitshares and Steem - arguably with two projects already under his belt there is no one more accomplished in the space.
  • Funding - EOS is one of the best funded projects in the space. The block.one team has committed $1B to investing in funds that grow the EOS echo system. EOS VC funds are managed by venture leaders distributed around the world to insure founders in all markets have the ability to work directly with local investors. Incentives such as the EOS hackathon are also in place with $1,500,000 USD in Prizes Across 4 Events.
  • Community Focus - The team is aware that the a projects success depends almost entirely on its adoption. For this reason there has been a huge push to develop a strong world wide community. There is already a surplus number of block producers that have registered their interest and started to ready themselves for the launch and incentives the EOS hackathon are being used to grow the community. A index of projects using EOS can be found at https://eosindex.io/posts.
  • Technical Advantages - See point 9!
 

9. What are the unique selling points of EOS?

 
  • Scaleability
    • Potential to scale to millions of transactions per second
    • Inter-blockchain communication
    • Separates authentication from execution
  • Flexibility
    • Freeze and fix broken applications
    • Generalised role based permissions
    • Web Assembly
  • Usability
    • Elimination of transaction fees
    • True user accounts with usernames, passwords and account recovery (no more having to remember long cryptographic keys)
    • Web toolkit for interface development
 

Sources:

eos.io
EOS Whitepaper
 

10. Is there currently a working product?

 

Quick answer:

This depends entirely on your definition of working product. If a fully featured developer release meets your definition then yes!. Otherwise the public release will be June 2018.
 

Long answer:

EOS differs from other projects in that it aims to deliver a fully featured version of the software on launch. The Dawn 3.0 RC1 feature complete pre-release became available on April 5th. This version has all the features of the final release that is due June 2018. Further development will involve preparing the final system contract which implements all of the staking, voting, and governance mechanics. The common notion that there is no viewable code published is wrong and the initial Dawn 1.0 release has been available from September 14th 2017.
 
EOSIO V1 - June 2nd 2018
Dawn 3.0 RC1 - April 5th 2018
Dawn 3.0 Alpha - January 23rd 2018
Dawn 2.0 - December 4th 2017
Dawn 1.0 - September 14th 2017
 

Sources:

 

11. EOS is an ERC-20 token, how can it possibly be a competitor to other platforms?

 

Quick answer:

The ERC-20 token is used only for raising funds during the token distribution; all tokens will be transferred to the native blockchain once launched.
 

Long answer:

EOS team has clearly stated their reason for choosing the Ethereum network when they described the rationale behind the ICO model. Specifically, the ICO should be a fair and auditable process, with as little trust required as possible. If you believe that an ICO should be fair, auditable, and trustless, you have no choice but to use a decentralized smart contract blockchain to run the ICO, the largest, and by-far most popular of which is Ethereum. Since EOS is intended to be a major competitor for Ethereum, some have seen this as a hypocritical choice. - Stolen from trogdor on Steam (I couldn’t word it any better myself).  

Sources:

The EOS ico for dummies by trogdor
Official EOS FAQ
 

12. Why do the eos.io T&C’s say the ERC-20 token has no value?

 
The EOS T&C’s famously state:
"The EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the EOS Platform."
 

Quick answer:

This is legal wording to avoid all the legal complications in this emerging space, block.one do not want to find themselves in a lawsuit as we are seeing with an increasing amount of other ICOs. Most notably Tezos (links below).
 

Long answer:

This all comes down to legal issues. Anyone who’s been into crypto for 5 minuets knows that government bodies such as the Securities and Exchange Commission (SEC) are now paying attention to crypto in a big way. This legal wording is to avoid all the legal complications in this emerging space, block.one do not want to find themselves in a lawsuit as we are seeing with an increasing amount of other ICOs. Many token creators that launched ICOs are now in deep water for selling unregistered securities.
 
A filing from the Tezos lawsuit:
"In sum, Defendants capitalized on the recent enthusiasm for blockchain technology and cryptocurrencies to raise funds through the ICO, illegally sold unqualified and unregistered securities, used a Swiss-based entity in an unsuccessful attempt to evade U.S. securities laws, and are now admittedly engaged in the conversion, selling, and possible dissipation of the proceeds that they collected from the Class through their unregistered offering."
 
To ensure EOS tokens are not classed as a unregistered security block.one has made it clear that they are creating the EOS software only and won’t launching a public blockchain themselves. This task is left down to the community, or more precisely, the Block Producers (BPs). The following disclaimer is seen after posts from block.one:
 
"block.one is a software company and is producing the EOS.IO software as free, open source software. This software may enable those who deploy it to launch a blockchain or decentralized applications with the features described above. block.one will not be launching a public blockchain based on the EOS.IO software. It will be the sole responsibility of third parties and the community and those who wish to become block producers to implement the features and/or provide the services described above as they see fit. block.one does not guarantee that anyone will implement such features or provide such services or that the EOS.IO software will be adopted and deployed in any way.”
 
It is expected that many blockchains using eos.io software will emerge. To ensure DAPPs are created on an ecosystem that aligns with the interests of block.one a $1bn fund will be has been created to incentivise projects to use this blockchain.
 

Sources:

EOS.io FAQ Great video on this topic by The Awakenment EOS $1bn Fund Announcement Article on the Tezos lawsuit Article on the Gigawatt lawsuit An official block.one post featuring disclaimer
 

13. Why is the token distribution one year long?

 
Official statement from block.one:
“A lot of token distributions only allow a small amount of people to participate. The EOS Token distribution structure was created to provide a sufficient period of time for people to participate if they so choose, as well as give people the opportunity to see the development of the EOS.IO Software prior to making a decision to purchase EOS Tokens.”
 
It is also worth noting that block.one had no knowledge how much the the token distribution would raise as it is determined by the free market and the length of the token distribution is coded into the Ethereum smart contract, which cannot be changed.
 

Sources:

EOS.io FAQ
 

14. Where is the money going from the token distribution?

 

Quick answer:

Funding for the project was raised before EOS was announced, the additional money raised from the token distribution is largely going to fund projects on EOS.
 

Long answer:

A large portion of the money raised is getting put back into the community to incentivise projects using eos.io software. block.one raised all the money they needed to develop the software before the ERC-20 tokens went on sale. There are some conspiracies that block.one are pumping the price of EOS using the funds raised. The good thing about blockchain is you can trace all the transactions, which show nothing of the sort. Not only this but the EOS team are going to have an independent audit after the funding is complete for piece of mind.
 
From eos.io FAQ:
“block.one intends to engage an independent third party auditor who will release an independent audit report providing further assurances that block.one has not purchased EOS Tokens during the EOS Token distribution period or traded EOS Tokens (including using proceeds from the EOS Token distribution for these purposes). This report will be made available to the public on the eos.io website.”
 

Sources:

EOS.io FAQ EOS $1bn Fund Announcement
 

15. Who's using EOS?

 
With 2 months from launch left there is a vibrant community forming around EOS. Some of the most notable projects that EOS software will support are:
A more complete list of EOS projects can be found at eosindex.io.
 

16. Dan left his previous projects, will he leave EOS?

 

Quick answer:

When EOS has been created Dan will move onto creating projects for EOS with block.one.
 

Long answer:

When a blockchain project has gained momentum and a strong community has formed the project takes on a life of its own and the communities often have ideas that differ from the creators. As we have seen with the Bitcoin and Ethereum hark forks you cant pivot a community too much in a different direction, especially if its changing the fundamentals of the blockchain. Instead of acting like a tyrant Dan has let the communities do what they want and gone a different way. Both the Bitshares and Steem were left in a great position and with Dans help turned out to be two of the most successful blockchain projects to date. Some would argue the most successful projects that are actually useable and have a real use case.
What Dan does best is build the architecture and show whats possible. Anyone can then go on to do the upgrades. He is creating EOS to build his future projects upon it. He has stated he loves working at block.one with Brendan and the team and there is far too much momentum behind EOS for him to possibly leave.
 

Sources:

Dans future beyond EOS
Why Dan left Bitshares
Why Dan left Steem
 

17. Is EOS susceptible to DDoS attacks?

 
No one could have better knowledge on this subject than our Block Producer candidates, I have chosen to look to EOS New York for this answer:
"DDoS'ing a block producing is not as simple as knowing their IP address and hitting "go". We have distributed systems engineers in each of our candidate groups that have worked to defend DDoS systems in their careers. Infrastructure can be built in a way to minimize the exposure of the Block Producing node itself and to prevent a DDoS attack. We haven't published our full architecture yet but let's take a look at fellow candidate EOSphere to see what we mean. As for the launch of the network, we are assuming there will be attacks on the network as we launch. It is being built into the network launch plans. I will reach out to our engineers to get a more detailed answer for you. What also must be considered is that there will be 121 total producing and non-producing nodes on the network. To DDoS all 121 which are located all around the world with different security configurations at the exact same time would be a monumental achievement."
 

Sources:

eosnewyork on DDoS attackd
EOSSphere Architecture
 

18. If block producers can alter code how do we know they will not do so maliciously?

 

Quick answer:

  • Block producers are voted in by stake holders.
  • Changes to the protocol, constitution or other updates are proposed to the community by block producers.
  • Changes takes 2 to 3 months due to the fact block producers must maintain 15/21 approval for a set amount of time while for changes to be processed.
  • To ensure bad actors can be identified and expelled the block.one backed community will not back an open-entry system built around anonymous participation.
 

Long answer:

For this question we must understand the following.
  • Governance and why it is used.
  • The process of upgrading the protocol, constitution & other updates.
  • Dan’s view on open-entry systems built around anonymous participation.
 
Governance
Cryptography can only be used to prove logical consistency. It cannot be used to make subjective judgment calls, determine right or wrong, or even identify truth or falsehood (outside of consistency). We need humans to perform these tasks and therefore we need governance!
Governance is the process by which people in a community:
  1. Reach consensus on subjective matters of collective action that cannot be captured entirely by software algorithms;
  2. Carry out the decisions they reach; and
  3. Alter the governance rules themselves via Constitutional amendments.
Embedded into the EOS.IO software is the election of block producers. Before any change can be made to the blockchain these block producers must approve it. If the block producers refuse to make changes desired by the token holders then they can be voted out. If the block producers make changes without permission of the token holders then all other non-producing full-node validators (exchanges, etc) will reject the change.
 
Upgrade process
The EOS.IO software defines the following process by which the protocol, as defined by the canonical source code and its constitution, can be updated:
  1. Block producers propose a change to the constitution and obtains 15/21 approval.
  2. Block producers maintain 15/21 approval of the new constitution for 30 consecutive days.
  3. All users are required to indicate acceptance of the new constitution as a condition of future transactions being processed.
  4. Block producers adopt changes to the source code to reflect the change in the constitution and propose it to the blockchain using the hash of the new constitution.
  5. Block producers maintain 15/21 approval of the new code for 30 consecutive days.
  6. Changes to the code take effect 7 days later, giving all non-producing full nodes 1 week to upgrade after ratification of the source code.
  7. All nodes that do not upgrade to the new code shut down automatically.
By default, configuration of the EOS.IO software, the process of updating the blockchain to add new features takes 2 to 3 months, while updates to fix non-critical bugs that do not require changes to the constitution can take 1 to 2 months.
 
Open-entry systems built around anonymous participation
To ensure bad actors can be identified and expelled the block.one backed community will not back an open-entry system built around anonymous participation.
Dan's quote:
"The only way to maintain the integrity of a community is for the community to have control over its own composition. This means that open-entry systems built around anonymous participation will have no means expelling bad actors and will eventually succumb to profit-driven corruption. You cannot use stake as a proxy for goodness whether that stake is held in a bond or a shareholder’s vote. Goodness is subjective and it is up to each community to define what values they hold as good and to actively expel people they hold has bad.
The community I want to participate in will expel the rent-seeking vote-buyers and reward those who use their elected broadcasting power for the benefit of all community members rather than special interest groups (such as vote-buyers). I have faith that such a community will be far more competitive in a market competition for mindshare than one that elects vote buyers."
 

Sources:

The Limits of Crypto-economic Governance
EOS.IO Technical White Paper v2
 

19. What is the most secure way to generate EOS key pairs?

 
Block producer candidates EOS Cafe and EOS New York have come forward to help the community with this topic.
The block producer candidate eosnewyork has kindly posted a tutorial on steemit detailing the steps that need to be taken to generate key pairs using the official code on the EOS.IO Github.
The block producer candidate eoscafe has gone a step further and released an Offline EOS Key Generator application complete with GUI for Windows, Linux & Mac. Not only can this application generate key pairs but it can also validate key pairs and resolve public keys from private keys. This application has also been vouched for by EOS New York
 

Sources:

EOS.IO Github
eosnewyork's key pair generation tutorial
eoscafe's offline key par generation application  
submitted by Techno-Tech to eos [link] [comments]

Coinbase Tutorial. A Definitive Guide for Newcomers.

Coinbase Tutorial. A Definitive Guide for Newcomers.

As cryptocurrencies become more abundant throughout our society, more information must be prevalent to educate the newcomers into the world of cryptocurrency and blockchain technology. If you’re new to cryptocurrencies, then you’ve come to the right place as Coinbase is one of the simplest cryptocurrency trading platforms to get started on. Once you understand Coinbase, more advanced trading platforms such as Binance won’t seem as intimidating.

What is Coinbase?

Coinbase is a cryptocurrency trading platform which allows you to buy and sell five different cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. Note that there are over thousands of different cryptocurrencies but these four are what Coinbase specializes in.

Making a Coinbase account

Creating a Coinbase account is very simple but there’s much more to it compared to something like creating a Reddit account. Be sure to have either your driver’s license, passport, or identification card at hand as you’ll be asked to provide this information via upload.
Coinbase currently has a sign-up promotion going on. If you haven't signed up yet, sign up using this link and you'll receive $10 free in bitcoin (after you spend $100).

Why does Coinbase need to see my ID?

Coinbase needs to be able to verify your identify because they are a regulated financial service company operating in the US. As they state on their website:
As a regulated financial service company operating in the US we are periodically required to identify users on our platform. This ensures we remain in compliance with KYC/AML laws in the jurisdictions in which we operate, something that is necessary for us to be able to continue to offer digital currency exchange services to our customers.
Once you’ve created your account, you’ll have to wait until you get approved before you’re allowed to start buying and trading on the platform. This can take upwards of 7 days till approval. Coinbase will also make two distinct small charges towards your bank account. You will need to find these charges and register them into Coinbase as a part of the approval process.
The time in which it’ll take to get approved will vary person to person, just be patient and you eventually will get approved. In the mean-time I highly recommend taking some extra steps done to ensure the security, and longevity of your account.

Securing Your Coinbase Account

Two Factor Authentication

Upon signing into your Coinbase account, you’ll be sent a text message containing a code in which you will have to input allowing you to access your account. This is a security measure done to ensure it is specifically you trying to access your account, it’s important to note that a hacker could still compromise your account through a social engineering attack with what is known as a phone porting attack. This attack is done after obtaining your phone number and various other personal information, the hacker will then call up your phone carrier impersonating you, and then attempt to port your number over to a new device. Once a hacker has access to your text messages, they can then access your account with your SMS two-factor authentication code. If you’d like to see a real example of how this can play out, Cody Brown shares his example of how he lost $8k worth of bitcoin to this attack.
Anyways, the best way to prevent this is through the use of an authenticator. The most common being Google Authenticator. I don’t want to get into too much technical details as to how authenticators work. Think of it as a digital key, stored on a device that changes every 30 seconds.
In order to enable authenticator for Coinbase, go to Settings > Security and Enable Authenticator as shown here. After that a prompt will appear along with a QR code and a secret code (comprised of a random string of 16 letters & numbers). You will need to open up your Google Authenticator app and scan in your QR code. You will also need to write down your secret code and keep it in a safe place such as a safe and/or security deposit box.
Once enabled, any time you wish to access your Coinbase account or make trades/transfers, you will need access to the 6-digit code provided by your authenticator.
IMPORTANT: If you lose access to the device you’ve enacted authenticator on, you ABSOLUTELY WILL NOT be able to recover your account UNLESS you have that 16 digit secret code. This is a serious matter that should be taken with serious caution. It is important you take preventative security measures to ensure the security of your cryptocurrency. I highly recommend calling your bank and opening a security deposit box. This will mostly likely cost a yearly fee but the peace of mind alone is worth it IMO.

Phishing Schemes

I’d like to briefly touch on phishing schemes. Phishing is the act of attempting to obtain personal information through the use of social engineering. Common phishing schemes/methods include: fraudulent e-mails in which the sender tries to impersonate an entity of authority (we’ve all received these sketchy e-mails before) and websites registered under the misspelling of a popular domain. In the world of crypto, it is essential to be attentive to schemes like these as it is much easier to fall victim than you may think. The anonymity of crypto alone makes it very appealing to hackers & scammers. You should always be on the lookout for fraudulent schemes.
Some preventative actions you may want to consider taking:
  • Creating a bookmarks folder of all the popular crypto-related sites you visit
  • Creating email inbox rules to distinguish trusted entities.
  • As a safety precaution, ensure you have authenticator enabled throughout all your crypto-related accounts with the security keys kept in a safety deposit box.
  • Use a hardware wallet to store your cryptocurrency instead of keeping them on exchanges (I’ll touch more on this later)

Funding Your Coinbase Account

Congratulations, your Coinbase account got approved! You can now start funding your account… or so you thought.
Upon your first cryptocurrency purchase with Coinbase, it is very likely your bank will automatically flag the purchase as fraudulent. If this happens to you (which it most likely will), you will need to call up your bank and let them know to let the purchase go through.
Once you’ve taken care of that, buying and selling cryptocurrency is relatively self-explanatory. Just go to Buy/Sell in the menu and choose which currency you’d like to buy/sell as shown below.
https://imgur.com/isNuaSJ

Funding Limits

Coinbase has weekly limits as to how much cryptocurrency you may purchase. Your limits will not start out this high but increase with proper verification and the longer you have an account.
Weekly Buy Limits
  • Cash: $100,000
  • Bank Account: $25,000
  • Credit/Debit Card: $7,500
Weekly Sell Limits
  • $100,000
Credit/Debit Card and bank account purchases are both instantaneous, however, for bank account purchases, it'll take 5-7 business days for you to see the charge in your account.
For information see:

Fees

There’s three distinct fee’s you will encounter with Coinbase.
  • Conversion & Exchange Fees: These are fees you’ll encounter through the buying, selling or exchanging of crypto. A fee is charged when you convert fiat to crypto.
  • Transfer Fees: A fee is charged if you’re transferring crypto to a different wallet (IE: Crypto Binance). Note that if this wallet happens to be another Coinbase wallet, there is no fee.
  • Mining Fees: These's are inherent fee's you'll encounter with any sort of crypto transaction. Mining fee's will also change depending on which cryptocurrency you are purchasing. I don't want to delve to much into the technical aspects as to why this is (as it can get very technical). I'll have to save this for a later post.
Note that the Bitcoin network is notorious for insanely high fee's. Purchase and transaction fee's upwards of $50+ are not uncommon during periods of high network congestion. Using Bitcoin to purchase something like a cup of coffee is completely trivial, and as we advance forward into the space, it's becoming more apparent that Bitcoin's main use case will be that of a digital gold rather than a global payment network.

Lowest Possible Fee With Coinbase

If you're going to be making large crypto purchases through Coinbase, ideally you'd want to get the lowest fee possible. I have found that the best way to do this is by your linking a bank account rather then by purchasing through debit/credit card. See photo.
  • Funding via bank account: 1.46% fee
  • Funding via debit/credit card: 3.83% fee
See photo.
As you can see, both allow instantaneous availability of funds. However, it'll take 5-7 business days for the bank account transfer charge to appear in your account.
Note: The fee you receive will also depend on how large of an amount you are purchasing. Expect fees to be a bit higher for smaller purchasing amounts and lower for larger amounts.

Fees Continued

It's important to know that fees will change depending on what country you're from and what cryptocurrency you happen to be purchasing. For more information on Coinbase fees I highly recommend visiting their fee disclosure page.

Avoiding Coinbase Transfer Fees Using GDAX

There is a bit of loophole to avoid Coinbase transfer fees. This is done through Coinbase’s advanced trading platform known as GDAX. It looks intimidating, but it’s a lot easier to use than they make it seem. Luckily, as Coinbase user, you technically already have a GDAX account. Simply follow the sign-up steps for GDAX, and you’ll find your information pre-populated. No need for long wait-times for verification etc.
To mitigate Coinbase transfer fees, send your money: Coinbase - GDAX - wallet of your choice

Sending & Receiving Cryptocurrency

Sending and receiving crypto with Coinbase is super easy…

Sending

Go to Accounts in the menu, look for the currency you’d like to send, then click Send. A prompt will come up instructing you to put in the recipients address and the amount you’d like to send. Ethereum example.

Receiving

Go to Accounts in the menu, look for the currency you’d like to receive, then click Receive. A QR code and random string of numbers will appear. That random string of letters & numbers is your wallet address. This string is what you’d give to someone if you were looking to receive crypto. Your wallet address is also crypto specific. This means that if you try to send Litecoin to your Bitcoin wallet address, the transaction will fail.
Random LPT: If you’re ever needing to transfer a large amount of crypto to another wallet, I recommend sending a test amount which is basically just a small amount of crypto. If said small amount appears in the wallet, you know you have the correct address. If not… you may need to just wait a bit longer and hopefully it will appear, or you’ve sent it to the wrong wallet address.

Securing Your Cryptocurrency

There are many ways you could go about securing your cryptocurrency. I’m going to discuss two.

The Vault

The Vault is a feature Coinbase offers free of charge to safeguard your funds by adding multiple layers of security. With the vault, there is a designated time frame for withdrawals. This helps to safeguard against hackers getting into and emptying your account. Additionally, you can have other people (or email addresses) needed to confirm these withdrawals for an added layer of security.
Warning: The vault is a feature you should use if you are planning on holding your cryptocurrency for a longer period of time. It is not recommended if you are looking to turn quick profits through buying and selling often due to the 3 day waiting period for withdrawals.

Ledger Nano S

The Ledger Nano S is a cryptocurrency hardware wallet. It allows you to store your cryptocurrency in physical device akin to that of a USB drive. You would then ideally keep this in a safe at home. This is my personal preferred method of storing cryptocurrency because I don’t have to worry about hackers potentially gaining access to my cryptocurrency online, rather, that security falls into my own hand. I just have to make sure I don’t lose or damage my Ledger, and even if I managed to do that, there is a 16 word recovery phrase provided by the Ledger in the event of a lost, damaged, or stolen Ledger. As long as you have the recovery phrase, you can recover all your cryptocurrency.
So after purchasing crypto through Coinbase, instead of leaving my digital goods on the exchange, I transfer it to cold storage (which is another word for hardware wallet IE: Ledger Nano S).

My Primary use of Coinbase

I primarily use Coinbase as an easy access point into the crypto world. Coinbase makes it very easy to purchase the largest of cryptocurrencys and once you have access to these, you can start purchasing more niche cryptocurrencies such as Ripple, EOS, IOTA, NEO, etc... You would do this through the use of much larger exchange such as Binance.
You cannot directly convert fiat to crypto with Binance yet. So in order to fund a Binance account, you need to convert your fiat to crypto through an exchange that allows you to do so, (this is where Coinbase comes into play) send that crypto to your Binance account, then make a purchase.
The way I go about doing this is:
  • 1st I purchase Ethereum through Coinbase. I purchase Ethereum instead of Bitcoin, because as I mentioned before, Bitcoin is notorious for insanely mining and transaction fees. Ethereum has much lower fees.
  • 2nd I send said Ethereum to my Binance account
  • 3rd Once I receive that Ethereum on my Binance account, I make my niche cryptocurrency purchase through the Binance exchange.
I have a step-by-step guide that details out this process. You can view it here.
PHEWWWW. That was a lot of words... Anyways, I hope this was beneficial to you crypto newbies out there. I plan on making more tutorials like this in the future :) If you have any questions, just leave them in the comments sections down below. I’m sure either myself or the community would be able to respond.

Related Links

Exchanges

Guides

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My weekend with Titanium Blockchain Infrastructure Services, TBIS

This is my first ever blog post so please excuse me if I don’t adequately meet up to your writing expectations or answer all of your questions. Just a warning I tend to be wordy.
In the Telegram world, my name is “Titanium Big Fish” and I hold a 6-figure amount of Titanium’s utility token, TBAR. As many of you know, Titanium Blockchain Infrastructure was hacked February 21, 2018. Prior to the hack, I had always been active on the telegram channel and enjoyed talking of our future riches to others as I found myself loving the banter and comradery. Moon landings and Lambo’s were often the fun conversation. Unfortunately, this hack happened immediately after I sold my business and a week after my first child was born. I went from someone mentally retired on Titanium and crypto to someone unemployed with a newborn, having to now bust out my 2011 resume.
By February 21st, I was known to the top level in the company as a 6-figure token holder and I was still actively accumulating, so when I noticed A LOT of BAR being dumped on IDEX, I sent a telegram to Richard the COO questioning the ‘sale’ of so many tokens. Much to my surprise, and until today, I have kept this to myself, Richard asked me for my email and to sign an NDA and I was to call into a group chat. Much of what I write here might “bend” this NDA.
Besides myself on the call there were a few top-level managers. I was informed that there was a hack. Michael, the CEO sounded extremely upset. I could hear despondence and stress in his voice. Before they decided to go with their plan A, they wanted a token holders’ thoughts. Someone who might have some other insight into a different idea and hear how the community might react. I came up with an idea that was not feasible at the time which was to fork into the ‘ingots’ but Richard said the blockchain would not be ready for a few months and not a solution to stop the hacker from profiting. They then discussed an actual fork, that Richard and James could start working on ASAP. Everyone agreed that the fork was the best idea to prevent the hacker from profiting and TBAR was created at this point. Apparently, the team had previously contacted the exchanges, because our call ended when the IDEX owner called for Michael and Michael had to get off the phone with us to take that call.
There were 4 takeaways from this phone conversation that I had. One: I strongly suggested NOT to reveal this hack to the community and to make up ANY excuse but ‘hack’ to the token holders. I knew the mention of that word, would cause the BAR price to plummet and as a large holder I wanted to avoid that. Michael said, that we had to take the high road, and be honest and transparent. I really felt that was a strong statement for him to have made and it was something that I am certain that I would not have been able to do in that moment had I been the CEO. Two: I immediately noticed there was one top level manager NOT on the phone call, the CTO. I had been following Titanium and knew all the management and expected the CTO to be on this call. Literally that week I had run background checks on everyone so when someone was not there, I took notice, especially since his background check had some minor criminal issues. Three: when I asked whom I thought could possibly do something like this, it was evidently clear to me that the others on the call had a definite idea who the hacker was and it seemed Michael even wanted to blurt it out, saying something about not knowing who your true friends are. Four: I found myself somewhat on the ‘inside’ of the company.
The next few weeks were basically a nightmare. I had added to my holdings all month leading into the hack and even had a 5-figure order on the books that the hacker grabbed up. To say I was fully invested is an understatement. I became the voice of reason to many on the telegram channel, because I really believe in the project, and knew they would pull through and also suspected they knew whom the hacker was and his being caught was inevitable. Also, hearing Michael and Richards voices on the call to discuss options, gave me confidence that they had nothing to do with this. I also felt it best to be reasonable about my holding and think everything through logically and clearly before taking a negative stance on this. My logic and reasoning led me to fully believe in the team after seeing how hard they were working on resolving this. I always felt, if it was not for Hitbtc, this would have been a minor issue that would have been incredibly resolved quickly, brilliantly and with almost no loss of BAR. Over time, I started to grow closer to Richard and others on the team in my private discussions about the hack and my own Sherlock Holmes investigations. Unfortunately, I am still under my NDA and even now can not reveal things that I know because mostly they are circumstantial or might hinder the investigation. My NDA also prevented me from revealing other things that I had known in the past. For example, when a youtube interview was rescheduled, people blamed Michael for this. He seemed to be an easy fall guy, whom everyone felt just didn’t show up. However, I had known all along that it was cancelled by the interviewer and Michael was actually ready for the interview. One of the team members took the fall blaming themselves for this miscommunication. People questioned this when it was revealed, but I saw it as a team that never places blame on others and never speaks negatively about anyone, nor do they try to counter FUD even when they can and should. To me that is the sign of a company specifically thinking long term. I still have not seen a team member bad mouth anyone or any company (even HBTC).
On a whim, I reached out to Richard and said that I wanted to meet him, to see the office and meet Michael. I was concerned about my purchase, of course, and felt as a token holder I needed to see what was going on. There was a blockchain event coming up in LA and I was told that weekend would work as Martha, the CCO, would also be there.
For this trip, I rented my own car, paid for my own airfare and rented my own hotel room. Titanium did not pay for me to come out to LA and they did not suggest that I come. Titanium is not paying me to write this nor are they demanding I say or not say anything.
I never intended to write anything about my trip and my trip was not intended to answer Q and A for myself, nor did I take notes until the last day. My purpose of the trip was not to learn roadmap details nor product details, so I apologize to those that think I will fill you all in on the goodies. I was told many goodies, but I took them in stride as a big whole positive picture. I went to see if this was a long-term hold, if I should actually buy more, and to meet the humans behind Titanium, to get a feel for them specifically.
I have been careful in what I have written as to not excite people too much with mentioning things not fully completed nor have I mentioned things told to me that might violate others NDA and I do not go into detail at all on any road map dates nor many specific products really. For example, we discussed the Element wallet in detail, but I won’t mention it in this blog at all, nor will I mention many of the products being worked on. All I will say is that there are a lot of things going on.
It took me 2 weeks to get this blog out, and as we know in crypto 2 weeks is a lifetime, so many of the issues discussed below have been resolved, as well as some of the questions at the end, have already been answered.
My initial meeting with Richard and Martha was brief. It was a cordial meeting- the conversation focused on HITBTC, the big hack, the twitter hack, as well as the fud group. I initially asked what the plan was for HITBTC. Richard had told me he was waiting on their contact there to do what is asked of them, and though they seem to want to help, and they have agreed to help, they always seemed to stop short of helping. I asked if HITBTC wanted money to resolve this, he said yes, and he was willing to pay. Plan B, Richard said, will take place very soon. Although It is not an ideal solution, Richard would have to have each of the 1500+ wallet holders left on HITBTC send in proof that they have BAR on HITBTC, prove when that purchase was made, and individually, each wallet will be sent TBAR if they qualified. It would be a slow and tedious endeavor, that would use up a lot of manpower, but it would get done.
The conversation then turned to the hacker. I can’t speak to most of this as it is under investigation and I don’t know the full details, neither did Richard nor Martha. We all have our suspicions, and everything is unfortunately circumstantial at this point, so we just had an in-depth conversation on the circumstantial evidence. I can’t really discuss some of this information however, it is my opinion that this hack was a hack of vengeance, and not really for profit for they would have waited for a much better time to hack and BAR was really under the radar at this point with very low volume. This person does not want Titanium to succeed and more so, has a personal vendetta against Michael. The amount of people on this list is very, very small and it seems apparent that this is what the FUD group was set up for. Interestingly, this same person that I suspect is often in the FUD group. I suspect the person that publicly stated they did not want a fork and also publicly insinuated we should have paid the hacker, is to blame. You can all decide on that one… Interestingly, when I asked the telegram group to send over some Q and A, only 1 person asked about the hack. It seems that people are starting to move on from it.
The conversation then turned to the twitter hack and the FUD group (note: this group is currently shut down as of the writing of this blog). Much to my surprise these two things did not seem to bother Richard nor Martha very much at all as they were already past this and implemented new company protocols and procedures. They felt that they have done nothing wrong and were not concerned as the price of the token was moving downward with the market and was now currently sitting near or above ICO Ethereum price (actually as I finish this, it is double the ICO ETH price). It seems Richard was focused more on moving forward, hiring and getting the product created and out. Laser focused actually! We all suspected the twitter hacker and this FUD group are related. I suspect the same people. I learned, there is only 1 person that no longer works with the team, that would have access to the ‘released’ database (that was threatened to be released), and that person is active in that FUD group. That person still had access to the websites and I learned, apparently had shut them down a few times over the weeks. Richard said they are not even investigating the twitter takeover as it would not lead to much and they needed to focus on putting resources where they are better served. There were a lot of conversations back and forth between the founder of the FUD group and Richard. The founder of that group, was asking a large sum of ETH to do an AMA right after the hack. She was pretty upset that she was being ignored, to me it just made sense that during this moment of crisis, she obviously would not be priority #1, nor would a discord AMA be worth the price of many dozens of ETH. It is now old news, so lets move on.
Prior to my arrival in LA, I received a message from someone on Telegram who had “secret information” and correspondence from Michael regarding moving the office to Europe. This individual had once worked for the team and worked on setting up a possible international office and wanted me to know this information. I thought that would be a great idea, to get away from the regulations of the USA. Initially the person seemed to be telling me this as if it was secret FUD that he had, but when questioning him more, he said this was discussed months earlier and definitely not an escape plan, but more so to expand our offices internationally. I asked Richard his thoughts on moving the company, and he said that there are definitely no plans on doing so, however they do plan on running the DEX exchange in a favorable European country. Malta (where Binance recently opened office), Switzerland and Belarus had all come up, but no decisions were being made as to where. They went as far as looking into the intricacies of opening bank accounts and offices if necessary in these European locations, but it has not moved forward at this moment. More details might be released soon, and if so, it is not FUD, but a well thought out plan by Titanium. They truly thought everything through on this.
After about 90 minutes, Richard and Martha were heading to the office to meet Michael and interview 2 new engineers. My takeaway from the initial meeting was that I was surprised to hear Martha had recently just met Michael that morning, in person, for the first time. I had always thought they knew each other well, Michael always acted on the telegram that he was very personal with Martha, but I soon found out he is very warm and friendly to everyone. Richard and Martha had also just recently met face to face and only knew each other from Core through the ICO. My initial impression of meeting Richard is that he does not seem phased by anything. Every amount of FUD thrown his way he seemed to brush off with his answer of “we did nothing wrong, the product will speak for itself”. This seems to be his true belief. He is pretty certain of whom the hacker is, and does show some emotion when discussing that. Regarding the investigation, all Richard could say was that he was told something was definitely happening and news will be released soon. He is pretty calm and collected for someone basically running the helm here. Martha seemed to have her ducks in line and was very passionate about the project. She has the high energy and the knowledge it takes to fill her position with the company.
That night I met Richard and Martha in bar in LA. We had a few drinks and the topic of course turned to Titanium. Most of the discussion that we had made me super excited, as it detailed many of the future products. I recall texting “Dr Hodler” the telegram manager, that night and telling him I am loading up on more TBAR (since my trip my position has increased by 5 figures). Much of my memories of the conversation revolved around the master nodes. This is where my NDA really kicks in, so I can’t go into detail about them. I know they will be tiered and they will exist, though Richard mentioned unlike regular master nodes that we know of, because those pay a dividend and as a utility token we have to avoid paying a dividend. They will be blockchain rewards based. So token holders that have master nodes will earn block rewards. This was very well thought out. What I will say, and this was a running theme for the weekend, is that Richard is extremely brilliant. Not the nerdy brilliant, one-subject brilliant or boring brilliant but the type of brilliant that probably knows more about your profession, than you do. The Jeopardy champion brilliant. He thought of so many intricate details on every product and regarding these nodes, and this company, that his excitement, passion and intelligence made me excited. He did go into technical detail on these things, but I would never be able to explain it correctly. It was very detailed and thought out. Though after this evenings conversation, I do see why Michael mentioned Elon Musk once in a telegram chat.
What I would later find out about Richard was that at age 12 he was building and taking apart computers, and probably charging more to tutor people in computers, than a doctor was charging. He is someone that can lead Titanium to the top, someone that is motivated to, desires to, has the financial ability to, financial incentive to, and someone that will certainly be a huge success story in anything he wants. I am extremely confident in him and Titanium. Everyone wants to hear Michael speak, but Richard in my opinion is really the man behind the tech here. Unfortunately, like many tech guys (or geeks, though he does not come across as that), he is more comfortable behind the scenes instead of in front of a camera and never seemed to bite on my idea of getting him to do weekly video updates.
The next day we met at the Blockchain conference. It was not a great conference, but I did end up meeting 3 guys from the LA office, the amigos as Richard would say. They seemed excited to be working for Titanium. They were all intelligent and high energy, amicable and knowledgeable on this space. They were open to doing whatever it is that Richard asked of them. They were however not engineers and are part of the admin team working with Michael out of the LA office and they were there to help network with some of the youtube speakers at the conference and to get TBIS name out. Eventually one of the guys, Alex, got us in the backroom with the main speaker and a youtube personality that I follow. I was excited that this happened however that youtuber seemed only interested in how we could help him, and since his future ICO seemed like shit to me, that was not gonna happen. One takeaway was that I was a little dismayed at the teams elevator pitch. Hopefully in the future if they get to sit down with a big player off-the-cuff like that, it would be a bit more organized. I know it was the first time something like this might have happened, so next time hopefully they prepare better. Sales is extremely important in this space, and being able to spew EXACTLY what you need, what you do and how you do it, all within 30 seconds, has to be practiced. I can tell it was not. It did not matter because this guy was a dud, even though he was a main youtuber, it just goes to show these youtubers just are out only for themselves. Interestingly, in later conversation, I asked if Titanium ever paid “Supoman” and I was not surprised to hear that they 100 percent never had.
Our next stop after the conference was to head to the new office to meet Michael. One of my many reasons for investing into the ICO was because this was a USA based company, something located close enough that I could visit if I needed and because of Michael. When I first met Michael, I could see he was extremely well liked by his staff. A few of the guys that I met had come along to the office, and he hugged them when he saw them and seemed to be very warm, friendly and easy going. I have only heard great things about Michael from people that know him and worked with him and I remember our conversation on the phone after the hack how he seemed pleasant even in crisis. He was very professional as well as friendly, we shot the breeze a bit. It was mostly small talk. I had wanted to bombard him with a bunch of questions, but at the time, it didn’t seem appropriate as I was not one on one with him. Richard had already told me there was an investigation going on, but that it was secret and unless I could get alone with Michael I foresaw that was not going to be answered. He definitely seemed more the sweet, caring, puppy loving, family loving, honest and easy-going type, rather than anything else I could have imagined. I didn’t see any ‘snake oil salesman’, ‘used car salesman’ type at all. In fact, how this guy could have any enemies anywhere actually is surprising. I immediately liked him and could see why he would be good in sales. I assume anyone that does not like him, has clearly never met him.
When I thought about the office, I envisioned it where every techie developer on the team would be flown in worldwide, living out of a commune together and working 24/7 on Titanium. I envisioned team brainstorming meetings in a huge conference room with 100s of people running around. Well this I have come to understand is not what happens in the real ICO world. Titanium has a really nice office (the new carpet smell was prevalent) though it was not set up completely. It is perfect size for a start-up and I suspect mostly will be Michael’s home base /private office. Especially since Richard said he was not only not moving to LA, but that he was opening up his own office in Oregon (apparently Eugene is a tech town). Much to my dismay, the LA office is just not going to be an active hub of developers and engineers burning the midnight oil. What I have come to know is that the best developers and engineers, just don’t live in LA, nor do they want to, and I can definitely understand that. So, although Richard interviewed a few developers the day before, that might work in the office, he even said they could probably work from home (after implying he was hiring them). The LA office will house most of the admin people working for Michael and possibly the future sales staff, but really won’t be much of an active office with engineers working so anyone wanting that 24/7 camera set up in the LA office, I have given my two cents that it is stupid idea and a complete waste of time, money and energy as there will not be people burning that midnight oil like I suspected.
Previously, Richard had mentioned to me and to the telegram group that they have hired about 40 contractors and subcontracted engineers and Michael agreed with that statement when I brought it up. Richard has also told me they are hiring up to about 60 in total. I was pleasantly surprised to hear such a large number. He said they will be located worldwide and did mention what cities he was advertising in, but I have since forgotten. For the most part, people working for Titanium, will work remotely. Richard did state that anyone working for TBIS moving forward will be solely employed exclusively by TBIS and not allowed to work on any other project but ours. That was also refreshing.
Other things that were discussed with Michael was the FUD group. Again, I found it interesting that Michael did not seem to care too much about this group. I was under the impression he did not even know much about them at all. Seems the team doesn’t feel they have anything to worry about. The common theme is that they are a utility token, a product, sold to the public for future use in their ecosystem. When asked by me if they thought about getting a cease and desist on the group, they shrugged off the idea. Interestingly, everyone that bought into the ICO is now up money on TBAR compared to ETN, ETH and probably every other coin used to purchase BAR (unless fiat was used) Titanium is trading spectacularly compared to the rest of the market. One last thing that happened in the meeting with Michael was that when I revealed someone wanted me to reach out to the ex CTO for a conversation with him, Michaels demeanor completely changed. He went from a smiling happy guy shooting the breeze about the office furniture, to a complete 180 turn, becoming a stern father figure telling me exactly not to go play in shit. Basically, he gave me warning that it would be a bad idea and lets just leave it at that.
That night we ended up going back to Richards Airbnb. We all played a bit on the telegram and chatted about how inexpensive TBAR was. It was here that one of the main team members that I was with went on IDEX and purchased 12,000 TBAR after confirming the price was just too cheap at .25 cents. I also was told that recently another main team member bought a larger amount of TBAR in the 40 cent range. That was confidence building for me. Then it came up that immediately after the hack happened Richard and Martha confirmed that Richard went through ALL 22000+ wallets, one at a time, to take a snap shot of each wallets BAR holdings, to know who had what at the time. This took many hours. I was impressed. It seems that he has a lot of passion for this company and desire for it to succeed and, also that he doesn’t mind taking a back seat to all the work he does. I felt at that moment that I should write a little blog about my trip so that others can see how much work these guys are doing. Martha is also completely on the ball. She is overwhelmed I am sure with her duties, but seemed to handle everything perfectly in stride. She is also very intelligent and has her Master’s Degree in Communications from an amazing school. So even though she came from CORE, seems she is a great fit for the job.
Sunday afternoon we spent a little time going over some questions that were asked of me on the telegram chat. Much like some of my blog, some of the issues and questions have already been resolved. I apologize it took me so long to get this out.
I do want to make clear, the purpose of my trip was not for me to get answers to certain questions, it was for me to meet the team, see real substance, and get a better understanding of Titanium, it was not a Q and A session for me. It was about absorbing and getting a feel for TBIS. It was for myself and not really to make this blog. I am not technical, so I could not dig too deep into technical details, if you want those answers, hopefully the new Q and A weekly newsletter will answer those for you. I am under an NDA so some of the questions or concerns that I might have answers to, are tough for me to relay. But here are a few paragraphs of what came from these questions.
As far as partnerships are concerned, Titanium is obviously seeking out many strategic partnerships, but the product is high priority right now. Politically it is hard to discuss potential partnerships before they actually happen, so there was no set name of a partner that was mentioned. Nor did I ask. This seemed to be the theme with exchanges as well. There was a mention to me of a few exchanges that were seemingly definitely coming, but they cannot be revealed by me because there are NDA’s with those exchanges and of course things could change. I assure you from what was randomly said to me, possibly by accident, there is a real great one coming. But again, that can always change.
Product completion is imperative for acquiring customers as well, but I was happy to hear Richard and Michael are flying to Thailand to meet with a potential customer. That seems to be something Michael mentioned in a video and it was confirmed with me that it was indeed definitely happening.
As for seeing Michael more, Michael is now focused on the big picture of Titanium as a whole and will be fostering past and new relationships and partnerships for the most part. Due to this he won’t be available as much for video interviews going forward. Hopefully that changes, but the team feels that it is a positive for him to concentrate on the connections he has first and foremost.
Masternodes will be tiered and might be set up like block rewards as opposed to dividends. The larger the amount of tokens, the more possible rewards could be earned……. No word yet on how many tokens are needed for MN, rewards will be based off the new token and not TBAR. 10,000 was recently confirmed as one tier.
The way it is set up, the # of tokens will not be diminished in our lifetime, I am not sure exactly where this supply is coming from but when I asked where do the never ending supply of blockchain rewards come from, I was told, block rewards are similar to how bitcoin works and the economy is designed to last longer than any of our lifetimes.
Tbar will not be minable.
There are plans to un ban everyone that has been banned in telegram and start a new slate, once things clear up with all the TBAR HITBTC nonsense. It might be read only or they might open it back up with a short leash, but that is definitely on the agenda. I myself will probably unban everyone banned to read only shortly.
There are no patents at the moment- can’t really patent some of this kind of software but if they can they will try. They are looking into all IP patents however, and any patents they can get, they certainly will.
Technical whitepaper- a new version is coming with more tech specs and with a tech write up but not how things will work, that isn’t going to be released.
No public github but Richard will write a readme writeup for github explaining their open source stance. Some will be open source but it takes longer to open source. Companies often do this. Telegram for example has their app open sourced and some server tech but not all of it.
Titanium is concentrating on only hiring the best people around. When asked exactly how many are currently hired full time the answer was- there were already 35 direct hires and they have some contract employees working on a couple of the projects with them (I guess this is the 40 total mentioned before).
The website is being redeveloped because it was still in control of the ex CTO, who actually might have crashed it multiple times and took the ICO site offline a few times. Hmmmm, interesting.
Some of the new projects will have one-of-a-kind technology. Some were explained in depth and sound awesome…
As far as competitors go, Richard seemed happy that Google and others have been very clear on what they will be creating and he says it is not anything like what TBIS is doing.
Here are some other direct questions answered briefly. How can long term holders be rewarded? Staking of their tokens for services as well as Master Node options. Is there an ever a reduction of supply? Burning is being heavily considered as services are being paid for. Premium Michael promised after the hack? ICO supporters will have something. It is not solidified yet, the team can’t wait for ICO buyers to hear about it in the official announcement. When can we expect a working product? They currently have working versions of their product and it’s constantly evolving. Open Betas and Alphas are upcoming but I couldn’t get exact dates yet. Apparently, software design is often tricky but they have a good team and always hiring.
As far as some past FUD I would like to answer. Many brought up the home address as the address of record on TBIS website and incorporation. Those of you who question this have clearly never set up a small business in the USA. The process is simple. You can NOT lease an office without a corporate bank account, you can NOT get a corporate bank account without incorporating and you can NOT incorporate without an address. It is all one big catch 22. So, the VAST majority of business have 1 or 2 options. One is to use a home address or maybe a PO Box though I don’t think that is allowed in my state, the other option is to pay a ‘registered agent’ to collect your mail and use their random address. This is what a lot of companies do, but it costs money and there is no need for it. There is absolutely NO FUD nor concern that TBIS used a residential address as their initial address. All of my businesses have been incorporated at a residential address.
Also, I ran a background check on the 5 current and an ex main player of Titanium and 4 of the 5 background checks (the 4 current and new employee) were clean as can be, completely stellar, the 5th was not.
I also have a friend that works for the FBI. She is a psychological forensic profiler. Now I personally do not have an answer to whom was contacted regarding the hack, but my FBI friend said there is no chance, zero chance that the FBI will discuss any ongoing investigation with any Joe from the general public. She went on to say, unless you are an interviewed suspect or the victim, you would not be told about an ongoing investigation. She was very adamant about this. Even stating, “Do you think they would have fielded your call about Madoff?” However, she went on to say that the FBI would be the wrong people to contact regarding a crypto hack and that a private company that specializes in this stuff would be better, as FBI agents (in her words have no clue about this stuff) and make about 1/3 what a private company would pay their hackers.
So, this sums up my visit. I learned many things and I hope I could help you with some of your questions. I know I could not answer the whodunit question nor give a price prediction of the future of TBAR, nor resolve HITBTC for you, sorry. One of the most important things I realized is that this is truly a startup. If you are looking for a quick buck it is probably not happening. I think this frustrates many of you, causing unnecessary FUD. Much like my newborn stretching and kicking and making awkward faces, Titanium is in the newborn phase doing similar things. Finding their strong points, falling down a little, scratching themselves and even maybe a little crying / firing. Eventually, like my son, things will fall into place and what we will end up with is a very successful operation because all the groundwork is being laid right in front of our eyes. I was privileged to see the office blueprints, hear conversations about the hiring of team members, meet the CEO, hear about other offices being started, and the intricacies of products that are being built. I believe that once they overcome the hack and hitbtc and the fud, things will be smooth sailing when they can truly focus on all things positive. Those that are interrupting this process are like the big dumb schoolyard bully that doesn’t realize that instead of picking on the cool nerdy kid, they should join forces with this kid, help him off his feet as this will one day grow into something extremely successful. But like the big dumb bully, unfortunately you just can’t reason with stupid.
submitted by abovethepath to u/abovethepath [link] [comments]

MyCryptoBit - The most profitable "Trading Bot" for cryptocurrencies

MyCryptoBit – Better than every Trading Bot
Hello, first of all, in this article I will tell you something really amazing. But this is just my opinion. You will find here Texts directly from their homepage but you will also find my opinions. I am using their app now since 2 months and I am really, really. I mean really satisified. I made around 40% on my initial investment of 10’000$. This means I made around 4000$ in just two months in a bearmarket where everyone was losing money. And now that I know that it’s working I want to share it with you. But I suggest everyone, don’t believe me anything, but make your own image! Visit their website, create an account and download the app, create a 1 month package, and you will see how amazing it is !
(If you find grammar errors, I’m sorry. For all grammar nazis you can leave a comment or write me an email)
What is MyCryptoBit ?
MyCryptoBit is a research and media company which one focuses on analyzing the entire market in the area of new technologies. Our value is based on the cryptomarket. We offer real crypto news, a coin portfolio, daily bitcoin-analysis, aridrops, ico-recommendations and a full-automated tradingservice. We transmit our informations to our subscribers in a user-friendly database via software-based application.
Our product is the world’s first cryptocurrency application that includes everything important about the cryptomarket.
My opinion :
So quickly said, mycryptobit is a app on which you have different features. In the app you have « All you need » to make money in the crypto market. In my opinion this is correct, you have features where you can make a lot of money even as a beginner and I think this is revolutionary. And you have informative features like the Daily Analysis or the Market News.
FEATURES OF THE APP
ICO RESEARCH
It can be tricky to find the ICO’s which actually get listen on a exchange. We provide backed ICO reviews from our Experts.
My opinion :
Av very nice feature. The performance since the beginning of the year is 11000% just with ICO’s! Sounds not possible? It’s all fully transparent and you can look all the ICOs and performance at: https://www.mycryptobit.io/performance. But this is an incredible number, seriously, noone believes you this. But what it shows to me is that you can make a lot of money with icos, but 70% are scams and a lot of them fail. This means you need to do a lot of research which is done by experts from mycryptobit.
ARIDROP SERVICE
Catch every airdrop with our service and get your free coins up to 1000$ a month!
My opinion :
I tested it by myself and I can say that it’s true ! The best Airdrop until yet was 150$ with only 15 Minutes of «Work»
ONE TAP TRADING
With our service, it is possible to trade for everyone. Get a push up notification and follow our trades by one simple tap !
My opinion :
This feature is actually the most amazing in my opinion. You can connect your app with binance (Bittrex and even Bitmex are planned), then you receive signals from real traders, located in switzerland. In this signals you have a buy zone, a take profit target (Or more than one) and you have a stoploss. Now when you make a trade, then the app automatically buys the coins, and sells them in the takeprofit or stoploss. Important is that the app does this with the api and can’t see how much coins you have and it can’t withdraw anythings. So it’s really safe. And this is fucking amazing! This makes it possible for everyone to make money with trading. Last year a lot of newbes came into the cryptomarket and lost a lot of money because the coulnd’t trade. With mycryptobit everyone can profit from the know-how of real expert traders and make money with it.
The performance talks for itself. Since August, there was mad ea percentage of 1100% acumulated. This means when you made every trade with 10% of your capital, you would have made around 110%. The company is fully transparent and you can look at every trade on: https://www.mycryptobit.io/performance
LONG TERM COIN PORTFOLIO
Handle your long term portfolio as our experts do and get notification when you should take a bag of coins !
My opinion :
This feature is not live yet so I can’t really say anything about it.
DAILY BITCOIN ANALYSIS
Our daily bitcoin analysis is for free. We share our analysis with you, in this way you know exactly what could happen in the market within 24 hours.
My opinion :
Very good Analysis. The traders in the background do a very good job with the daily bitcoin analysis.
IMPORTANT MARKET NEWS
The cryptomarket is full of news. Make sure, you get the most important and real ones, hand selected by our researchers.
My opinion :
Very interesting news everyday and here I know that these news are not fake. Can be very useful and informative.
PRICING
Our prices of our paid features are more than fair and of course there’s a discount if you directly decide to go your way with us for a longer time ! You can download our app for free and use our free tools. Further, you can sign up in our bakcoffice for free to have a look what we offer.
To unlock all features, you need to become a full member of mycryptobit.
1 Month package : 167$
3 Month package: 500$
6 Month package: 900$
12 Month package : 1500$
Lifetime Package : 5000$
My opinion :
I already used some telegram signal chats and some of them cost like 0.05 BTC per month! And there I had to go to the exchange, set the order, stop loss and take profit and this consumed way to much time. With the mycryptobit signals you get a push notification, press one button and everything is done for you. All in all I would say the price is extremely good. I tell all my friends they should first use the 1 Month package to convice themselves. All of them bought the 12 Month package. So I can understand when you are critical, I was too, and that’s why I say make your own image.
NETWORK MARKETING
The company uses Network Marketing to sell the product. If you mix up Network Marketing with a swonball system or if you don’t know what it is, I have here a video for you: https://www.youtube.com/watch?v=gtYnIJ2JHb8
So now back to the marketing plan. The company will pay out 55% of the revenues as comissions on 10 levels. Then 5% of their monthly profit will be given to their members who reached the top 5 ranks.
So shortly said, if you like the product and you recommend it to a friend, you will get a percentage as a commision. In my opinion this is very fair and it can also give you the chance to make more money besides of you job (next to the profits where you can make with the app itself) or there are even people who only do Network marketing. It’s a really awesome job and way better than a 9 to 5 job. So when you want to break out of your life and do something else than your actual job, this can also be a chance.
I won’t go further into details but if you want to know more about it you can go to: https://www.mycryptobit.io/affiliate
NEXT STEPS
Now if I were you I would download the free app, visit their homepage, look at their team and performance, use the free app and make a 1 Month package to test it for yourself and when you convinced yourself (Which I think you will) then you can buy a longer package for 6 or 12 months.
As discussed before, the company uses Network Marketing to sell the product. You can only register with a referral link. When you register over the homepage you will get a random referral link of a Founder. But if you want to support me, I would be happy if you would use my referral link which doesn’t cost you anything and you would help a young man to help achieve his goals and visions.
Register : https://app.mycryptobit.io/join/?ref=3836
If you have any further questions to me then feel free to contact me via Email : [[email protected]](mailto:[email protected])
Or you can contact me by phone (Write me a mail and I will share my phone number)
Here you can download the free app :
Apple Store :
https://itunes.apple.com/ch/app/my-cryptobit/id1391728554?mt=8
Google Play Store :
https://play.google.com/store/apps/details?id=com.storm.android.cryptofeed
submitted by mycryptobit_ to CryptoCurrencyTrading [link] [comments]

MyCryptoBit - Better than every Trading Bot with 1100% profit in 2 months

MyCryptoBit – Better than every Trading Bot with 1100% in 2 months
Hello, first of all, in this article I will tell you something really amazing. But this is just my opinion. You will find here Texts directly from their homepage but you will also find my opinions. I am using their app now since 2 months and I am really, really. I mean really satisified. I made around 40% on my initial investment of 10’000$. This means I made around 4000$ in just two months in a bearmarket where everyone was losing money. And now that I know that it’s working I want to share it with you. But I suggest everyone, don’t believe me anything, but make your own image! Visit their website, create an account and download the app, create a 1 month package, and you will see how amazing it is !
(If you find grammar errors, I’m sorry. For all grammar nazis you can leave a comment or write me an email)
What is MyCryptoBit ?
MyCryptoBit is a research and media company which one focuses on analyzing the entire market in the area of new technologies. Our value is based on the cryptomarket. We offer real crypto news, a coin portfolio, daily bitcoin-analysis, aridrops, ico-recommendations and a full-automated tradingservice. We transmit our informations to our subscribers in a user-friendly database via software-based application.
Our product is the world’s first cryptocurrency application that includes everything important about the cryptomarket.
My opinion :
So quickly said, mycryptobit is a app on which you have different features. In the app you have « All you need » to make money in the crypto market. In my opinion this is correct, you have features where you can make a lot of money even as a beginner and I think this is revolutionary. And you have informative features like the Daily Analysis or the Market News.

FEATURES OF THE APP
ICO RESEARCH
It can be tricky to find the ICO’s which actually get listen on a exchange. We provide backed ICO reviews from our Experts.
My opinion :
Av very nice feature. The performance since the beginning of the year is 11000% just with ICO’s! Sounds not possible? It’s all fully transparent and you can look all the ICOs and performance at: https://www.mycryptobit.io/performance. But this is an incredible number, seriously, noone believes you this. But what it shows to me is that you can make a lot of money with icos, but 70% are scams and a lot of them fail. This means you need to do a lot of research which is done by experts from mycryptobit.
ARIDROP SERVICE
Catch every airdrop with our service and get your free coins up to 1000$ a month!
My opinion :
I tested it by myself and I can say that it’s true ! The best Airdrop until yet was 150$ with only 15 Minutes of «Work»
ONE TAP TRADING
With our service, it is possible to trade for everyone. Get a push up notification and follow our trades by one simple tap !
My opinion :
This feature is actually the most amazing in my opinion. You can connect your app with binance (Bittrex and even Bitmex are planned), then you receive signals from real traders, located in switzerland. In this signals you have a buy zone, a take profit target (Or more than one) and you have a stoploss. Now when you make a trade, then the app automatically buys the coins, and sells them in the takeprofit or stoploss. Important is that the app does this with the api and can’t see how much coins you have and it can’t withdraw anythings. So it’s really safe. And this is fucking amazing! This makes it possible for everyone to make money with trading. Last year a lot of newbes came into the cryptomarket and lost a lot of money because the coulnd’t trade. With mycryptobit everyone can profit from the know-how of real expert traders and make money with it.
The performance talks for itself. Since August, there was mad ea percentage of 1100% acumulated. This means when you made every trade with 10% of your capital, you would have made around 110%. The company is fully transparent and you can look at every trade on: https://www.mycryptobit.io/performance
LONG TERM COIN PORTFOLIO
Handle your long term portfolio as our experts do and get notification when you should take a bag of coins !
My opinion :
This feature is not live yet so I can’t really say anything about it.
DAILY BITCOIN ANALYSIS
Our daily bitcoin analysis is for free. We share our analysis with you, in this way you know exactly what could happen in the market within 24 hours.
My opinion :
Very good Analysis. The traders in the background do a very good job with the daily bitcoin analysis.
IMPORTANT MARKET NEWS
The cryptomarket is full of news. Make sure, you get the most important and real ones, hand selected by our researchers.
My opinion :
Very interesting news everyday and here I know that these news are not fake. Can be very useful and informative.

PRICING
Our prices of our paid features are more than fair and of course there’s a discount if you directly decide to go your way with us for a longer time ! You can download our app for free and use our free tools. Further, you can sign up in our bakcoffice for free to have a look what we offer.
To unlock all features, you need to become a full member of mycryptobit.
1 Month package : 167$
3 Month package: 500$
6 Month package: 900$
12 Month package : 1500$
Lifetime Package : 5000$
My opinion :
I already used some telegram signal chats and some of them cost like 0.05 BTC per month! And there I had to go to the exchange, set the order, stop loss and take profit and this consumed way to much time. With the mycryptobit signals you get a push notification, press one button and everything is done for you. All in all I would say the price is extremely good. I tell all my friends they should first use the 1 Month package to convice themselves. All of them bought the 12 Month package. So I can understand when you are critical, I was too, and that’s why I say make your own image.

NETWORK MARKETING
The company uses Network Marketing to sell the product. If you mix up Network Marketing with a swonball system or if you don’t know what it is, I have here a video for you: https://www.youtube.com/watch?v=gtYnIJ2JHb8
So now back to the marketing plan. The company will pay out 55% of the revenues as comissions on 10 levels. Then 5% of their monthly profit will be given to their members who reached the top 5 ranks.
So shortly said, if you like the product and you recommend it to a friend, you will get a percentage as a commision. In my opinion this is very fair and it can also give you the chance to make more money besides of you job (next to the profits where you can make with the app itself) or there are even people who only do Network marketing. It’s a really awesome job and way better than a 9 to 5 job. So when you want to break out of your life and do something else than your actual job, this can also be a chance.
I won’t go further into details but if you want to know more about it you can go to: https://www.mycryptobit.io/affiliate

NEXT STEPS
Now if I were you I would download the free app, visit their homepage, look at their team and performance, use the free app and make a 1 Month package to test it for yourself and when you convinced yourself (Which I think you will) then you can buy a longer package for 6 or 12 months.
As discussed before, the company uses Network Marketing to sell the product. You can only register with a referral link. When you register over the homepage you will get a random referral link of a Founder. But if you want to support me, I would be happy if you would use my referral link which doesn’t cost you anything and you would help a young man to help achieve his goals and visions.
Register : https://app.mycryptobit.io/join/?ref=3836
If you have any further questions to me then feel free to contact me via Email : [[email protected]](mailto:[email protected])
Or you can contact me by phone (Write me a mail and I will share my phone number)

Here you can download the free app :
Apple Store :
https://itunes.apple.com/ch/app/my-cryptobit/id1391728554?mt=8
Google Play Store :
https://play.google.com/store/apps/details?id=com.storm.android.cryptofeed
submitted by mycryptobit_ to u/mycryptobit_ [link] [comments]

MyCryptoBit - Better than every Trading Bot with 1100% profit in 2 months

MyCryptoBit – Better than every Trading Bot with 1100% profit in 2 months
Hello, first of all, in this article I will tell you something really amazing. But this is just my opinion. You will find here Texts directly from their homepage but you will also find my opinions. I am using their app now since 2 months and I am really, really. I mean really satisified. I made around 40% on my initial investment of 10’000$. This means I made around 4000$ in just two months in a bearmarket where everyone was losing money. And now that I know that it’s working I want to share it with you. But I suggest everyone, don’t believe me anything, but make your own image! Visit their website, create an account and download the app, create a 1 month package, and you will see how amazing it is !
(If you find grammar errors, I’m sorry. For all grammar nazis you can leave a comment or write me an email)
What is MyCryptoBit ?
MyCryptoBit is a research and media company which one focuses on analyzing the entire market in the area of new technologies. Our value is based on the cryptomarket. We offer real crypto news, a coin portfolio, daily bitcoin-analysis, aridrops, ico-recommendations and a full-automated tradingservice. We transmit our informations to our subscribers in a user-friendly database via software-based application.
Our product is the world’s first cryptocurrency application that includes everything important about the cryptomarket.
My opinion :
So quickly said, mycryptobit is a app on which you have different features. In the app you have « All you need » to make money in the crypto market. In my opinion this is correct, you have features where you can make a lot of money even as a beginner and I think this is revolutionary. And you have informative features like the Daily Analysis or the Market News.

FEATURES OF THE APP
ICO RESEARCH
It can be tricky to find the ICO’s which actually get listen on a exchange. We provide backed ICO reviews from our Experts.
My opinion :
Av very nice feature. The performance since the beginning of the year is 11000% just with ICO’s! Sounds not possible? It’s all fully transparent and you can look all the ICOs and performance at: https://www.mycryptobit.io/performance. But this is an incredible number, seriously, noone believes you this. But what it shows to me is that you can make a lot of money with icos, but 70% are scams and a lot of them fail. This means you need to do a lot of research which is done by experts from mycryptobit.
ARIDROP SERVICE
Catch every airdrop with our service and get your free coins up to 1000$ a month!
My opinion :
I tested it by myself and I can say that it’s true ! The best Airdrop until yet was 150$ with only 15 Minutes of «Work»
ONE TAP TRADING
With our service, it is possible to trade for everyone. Get a push up notification and follow our trades by one simple tap !
My opinion :
This feature is actually the most amazing in my opinion. You can connect your app with binance (Bittrex and even Bitmex are planned), then you receive signals from real traders, located in switzerland. In this signals you have a buy zone, a take profit target (Or more than one) and you have a stoploss. Now when you make a trade, then the app automatically buys the coins, and sells them in the takeprofit or stoploss. Important is that the app does this with the api and can’t see how much coins you have and it can’t withdraw anythings. So it’s really safe. And this is fucking amazing! This makes it possible for everyone to make money with trading. Last year a lot of newbes came into the cryptomarket and lost a lot of money because the coulnd’t trade. With mycryptobit everyone can profit from the know-how of real expert traders and make money with it.
The performance talks for itself. Since August, there was mad ea percentage of 1100% acumulated. This means when you made every trade with 10% of your capital, you would have made around 110%. The company is fully transparent and you can look at every trade on: https://www.mycryptobit.io/performance
LONG TERM COIN PORTFOLIO
Handle your long term portfolio as our experts do and get notification when you should take a bag of coins !
My opinion :
This feature is not live yet so I can’t really say anything about it.
DAILY BITCOIN ANALYSIS
Our daily bitcoin analysis is for free. We share our analysis with you, in this way you know exactly what could happen in the market within 24 hours.
My opinion :
Very good Analysis. The traders in the background do a very good job with the daily bitcoin analysis.
IMPORTANT MARKET NEWS
The cryptomarket is full of news. Make sure, you get the most important and real ones, hand selected by our researchers.
My opinion :
Very interesting news everyday and here I know that these news are not fake. Can be very useful and informative.

PRICING
Our prices of our paid features are more than fair and of course there’s a discount if you directly decide to go your way with us for a longer time ! You can download our app for free and use our free tools. Further, you can sign up in our bakcoffice for free to have a look what we offer.
To unlock all features, you need to become a full member of mycryptobit.
1 Month package : 167$
3 Month package: 500$
6 Month package: 900$
12 Month package : 1500$
Lifetime Package : 5000$
My opinion :
I already used some telegram signal chats and some of them cost like 0.05 BTC per month! And there I had to go to the exchange, set the order, stop loss and take profit and this consumed way to much time. With the mycryptobit signals you get a push notification, press one button and everything is done for you. All in all I would say the price is extremely good. I tell all my friends they should first use the 1 Month package to convice themselves. All of them bought the 12 Month package. So I can understand when you are critical, I was too, and that’s why I say make your own image.

NETWORK MARKETING
The company uses Network Marketing to sell the product. If you mix up Network Marketing with a swonball system or if you don’t know what it is, I have here a video for you: https://www.youtube.com/watch?v=gtYnIJ2JHb8
So now back to the marketing plan. The company will pay out 55% of the revenues as comissions on 10 levels. Then 5% of their monthly profit will be given to their members who reached the top 5 ranks.
So shortly said, if you like the product and you recommend it to a friend, you will get a percentage as a commision. In my opinion this is very fair and it can also give you the chance to make more money besides of you job (next to the profits where you can make with the app itself) or there are even people who only do Network marketing. It’s a really awesome job and way better than a 9 to 5 job. So when you want to break out of your life and do something else than your actual job, this can also be a chance.
I won’t go further into details but if you want to know more about it you can go to: https://www.mycryptobit.io/affiliate

NEXT STEPS
Now if I were you I would download the free app, visit their homepage, look at their team and performance, use the free app and make a 1 Month package to test it for yourself and when you convinced yourself (Which I think you will) then you can buy a longer package for 6 or 12 months.
As discussed before, the company uses Network Marketing to sell the product. You can only register with a referral link. When you register over the homepage you will get a random referral link of a Founder. But if you want to support me, I would be happy if you would use my referral link which doesn’t cost you anything and you would help a young man to help achieve his goals and visions.
Register : https://app.mycryptobit.io/join/?ref=3836
If you have any further questions to me then feel free to contact me via Email : [[email protected]](mailto:[email protected])
Or you can contact me by phone (Write me a mail and I will share my phone number)

Here you can download the free app :
Apple Store :
https://itunes.apple.com/ch/app/my-cryptobit/id1391728554?mt=8
Google Play Store :
https://play.google.com/store/apps/details?id=com.storm.android.cryptofeed
submitted by mycryptobit_ to CryptoTradingFloor [link] [comments]

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VERGE (XVG) : HOW TO BUY & SELL ON BINANCE

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