Cryptocurrencies

The Sunday Recap – Down the Rabbit Hole 21

The cryptospace is heating up again. While Bitcoin holds steady and for the time being remains stalled at 4k, the alts continue to make gains. Cardano in particular, had had a good week. Let’s see if this is just over-exuberance about a  main net upgrade or the start of an uptrend for ADA. On a not so upbeat note a recent report found that 95% of Bitcoin volume is fake – critically though there are more dependable exchanges to choose from such as, Binance and Kraken. Clearly, in market terms, we have a long, long way to go.


Pick of the Week


Tim Bernier Lee’s reflection on 30 years of the web, it’s achievements, short-comings, and future is the standout article his week. Sure, it’s not crypto specific but the limitations of the current internet model are the very things blockchain may serve to improve – decentralization, data sovereignty, the removal or reduction of an ad based model and free access to financial services are only some of the ways crypto may play a role in bringing about a better internet.


Twitter


Crypto as a Career:

https://twitter.com/nlw/status/1107392875644506119

Calling out the doubters of the Lightning Network:

https://twitter.com/alexbosworth/status/1107675051585724416
A demo on BTC ease of use:

https://twitter.com/bluewalletio/status/1108088791330365441


For budding EOS developers:

https://twitter.com/cmichelio/status/1109370141060616192


Light-hearted thread prompted by ‘Anyone from 2017 here?’: https://twitter.com/BreakoutTickers/status/1108710647032958976


We all like numbers, right? (non-crypto):

https://twitter.com/cabel/status/1104551349180542976


Articles

A nuanced analysis of possible BTC price action by Bit Brain referencing the 200 MA indicator:

https://trybe.one/btc-200-ma-revisited/
A long, long-term bullish outlook for crypto and open source protocols:

https://medium.com/balance-io/why-open-source-finance-will-win-a1f3a61544c2

Coinbase has lost much of its luster:

https://beincrypto.com/is-coinbase-killing-itself-through-centralized-policies/

If 95% of Bitcoin volume is fake (it is) – where’s the good news?:

https://beincrypto.com/most-bitcoin-trading-is-fake-but-theres-some-good-news/

Stay up to date with EOS with this new roundup series:

https://medium.com/@eosnationbp/eos-hot-sauce-volume-1-8cb721e7e3b6

Stablecoins may provide a solution for unbanked businesses:

https://hackernoon.com/stablecoins-a-solution-for-every-unbanked-business-out-there-d09731a65f6f

Tim Berners Lee reflects on the web 30 years on (non-crypto – recommended):

https://onezero.medium.com/30-years-on-whats-next-fortheweb-6ce844ed147f


Podcast


Binance’s distributed growth model may make it the ‘first decentralized corporate behemoth’ (highly recommended):

https://itunes.apple.com/au/podcast/how-binance-could-become-first-decentralized-autonomous/id1123922160?i=1000431598153&mt=2


YouTube


A nuanced perspective on buying BTC at these levels:

Short and sweet and full of inspiration – highlights of ‘The Internet of Money Vol 2’ Series (somewhat dated but as important as ever):

A possible new token-centric trend emerging in crypto markets:

Bancor raising the bar for wallet/ token interoperability – a glimpse of the future (recommended):


 Infographic


This is the market blockchain is looking to disrupt:

https://www.allaccess.com/merge/archive/29580/2019-this-is-what-happens-in-an-internet-minute


That’s it for this week’s rummage around the cryptosphere. I hope you found at least a few things of interest/usefulness. Until next week. As always, looking forward to your comments and suggestions.


Note on Sources:

Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.

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