#crypto mock trading

[hmatrading]

There were a number of well-known automated algo tradingplatforms in India. The optimum platform, however, can differ based on personal preferences and needs. Before choosing a platform, it is crucial to undertake careful research and take into account elements like functionality, convenience of use, dependability, cost, customer service, and the particular requirements of your trading strategy. A few popular algo trading platforms in India are listed below:

Zerodha Streak: Zerodha Streak is a well-liked tool that makes it simple to create and backtest trading strategies. It has a user-friendly interface. It provides a selection of technical indicators and enables the application of methods across a number of asset types.

AlgoLab Upstox: Upstox AlgoLab is a tool for automated trading that Upstox, a reputable brokerage, offers. It offers a user-friendly interface, back testing tools, and support for a range of order kinds. It also provides current market information for formulating strategies.

Symphony Presto: Symphony presto is a complete platform for quantitative analysis and algo trading. It includes a variety of features, including advanced order kinds, risk management tools, and alternatives for developing unique strategies. Both individual traders and institutional clients are served by it.

Alice Blue ANT: Alice Blue, a well-known brokerage company in India, offers the Alice Blue ANT algo trading platform. For developing strategies, it supports different programming languages, has a user-friendly interface, and has backtesting capabilities.

Omnesys NEST: Omnesys NEST is a popular tradingplatform in India that offers capabilities for algo trading. It includes options for algorithmic trading, risk management, and more. Numerous brokers in India use NEST, making it available to a sizable user base.

Please be aware that after my last knowledge update, new platforms may have appeared in the landscape of algo trading platforms. Before making a choice, it is wise to analyse the most recent options, read user evaluations, and evaluate the pros and cons of the various possibilities.

Read more  - https://hmatrading.in/algorithm-trading/ 

[clovercoin]

Hi, I'm a bit confused and can't find any page where this is mentioned - are pillowings a closed species? Who can make new pillowings? (alternatively, can you give a link to the rules regarding pillowings?)

EEEE I LOVE TO SHARE ABOUT PILLOWINGS!!!

First are the rules. AHEM.

Any of my adoptables can be gifted, traded, or resold without any limits.

Please contact me ahead of time if you would like to discuss purchase of commercial rights for an adopt I made.

I do not approve of the use of my artwork and adopts as crypto/nft/anything block chain related.

Now more fun stuff, Anyone can make a pillowing! YEP. LITERALLY ANYONE CAN MAKE A PILLOWING (Or cloverse species).

We register pillowings because they use to be a closed species, I have since removed the term from my community as it no longer applies. Registered pillowings and lintlings get to participate in group activities, prompts, the discord art trade game, and get the chance for free artwork from me!

Registering your pillowings is also just a really wonderful way to help the community and the CloverCoin owners to fund events, afford to take time off to work on the group, and just keep our bills paid so we can make more Clo content!

Sorry for our mess! We're currently stuck on Deviantart for the group and the masterlist where we register pillowings and lintlings.

I really wanted to move onto Lorekeeper type website to centralize it, but I sadly don't know how to do that on my own. And my husband Prov says he would much prefer to make a website himself for our own security. (As you can see, we are harassed often!) So we're just waiting on him to get that up and running for the mods and I to test out.

Otherwise here is the pillowings feature list with a ton of traits we regularly see in the pillowing species! Feel free to check out the masterlist for all the pillowings who are registered, so many creative designs in there it's INCREDIBLE.

We sell tons of pillowings (already registered with the group) on CloverCoin Deviantart page and CloverCoin Toyhouse! So if you want a premade one, no worries are have awesome selections.

Prefer to make one yourself? NO SWEAT. Make a dozen mock ups, share your fun! If you decide, "Wow this 1 pillowing is my favorite, I think I want to make them official?" YOU CAN! You just comment a register form on Deviantart for the mods to add them to the archive.

MYO Slot prices have always stayed the exact same since pillowings were introduced as an adoptable species~

Common - $25

Uncommon - $30

Rare - $40

Very Rare - $50

Special - $200

The feature tiers of customization trickle down. So if you purchase a Very Rare myo slot, you get to use Very rare, rare, uncommon, and common traits of your choice on the pillowing design. There are no limits on how many features, what colors you use, anything like that.

Loving the idea of pillowings so far? JOIN OUR DISCORD! We have a creative community that started out as Clo Adoptable Server but now it's more of an art share/open chat for anyone who wants to hang out. C: We love adopts, we love pillowings, & we don't allow anti harassment in server. (Bonus we have oldies NSFW zone for the adults to relax in.)

[mikethinks]

Enhancing Your Crypto Trading Experience: Insights from Binance's Latest Features and Market Trends

In the ever-evolving world of cryptocurrency, staying ahead of the curve is crucial for traders and investors alike. Recent developments in the crypto space, particularly those highlighted by leading exchange Binance, offer valuable insights into emerging trends and tools that can elevate your trading experience.

Futures Grid Trading: A New Frontier

One of the most exciting advancements in crypto trading comes in the form of enhanced futures grid trading features. Binance's recent #BinanceBuild update aims to revolutionize how traders approach this strategy. The new features include:

These enhancements demonstrate the growing sophistication of trading tools in the crypto space. As the market matures, platforms are developing more advanced features to cater to the needs of both novice and experienced traders.

The Rise of Copy Trading

Another significant trend in the crypto trading landscape is the increasing popularity of copy trading. Binance has recently launched a Futures Mock Copy Trading Challenge, designed to introduce new users to this innovative approach. The challenge offers:

This initiative highlights the growing interest in social trading within the crypto community. By allowing less experienced traders to mimic the strategies of successful investors, copy trading has the potential to democratize access to profitable trading techniques.

Earning Opportunities in a Volatile Market

While trading remains a popular way to engage with cryptocurrencies, many investors are also exploring passive income strategies. Binance's recent announcements showcase several opportunities in this realm:

These diverse earning options reflect the crypto market's ongoing evolution towards more traditional financial products, potentially attracting a broader range of investors.

Market Insights and Educational Resources

Staying informed is crucial in the fast-paced world of cryptocurrency. Binance Research regularly provides market insights, covering topics such as:

For those looking to deepen their understanding, Binance also offers educational content on fundamental concepts. A recent example is their explainer on the Bid-Ask Spread, a crucial concept for anyone engaging in crypto trading.

The Importance of Community and Brand Building

Beyond trading and earning, the crypto space is deeply rooted in community. Binance's social media presence emphasizes this aspect, with frequent engagement and light-hearted content fostering a sense of belonging among users.

For projects looking to build their own communities, effective branding and online presence are essential. This is where tools like the Crypto Website Builder can play a crucial role, allowing new projects to quickly establish a professional online presence.

Emerging Trends: Memecoins and Video Content

While not explicitly mentioned in the Binance content, it's worth noting the ongoing popularity of memecoins in the crypto space. Tools like the Memecoin Explorer can provide valuable insights into this trend, helping traders and investors stay informed about the latest developments in this niche but influential sector.

Additionally, the growing importance of video content in crypto marketing shouldn't be overlooked. As projects seek to stand out in a crowded market, tools that facilitate the creation of engaging video content, such as crypto-focused video generators, are becoming increasingly valuable.

Conclusion

The cryptocurrency landscape continues to evolve at a rapid pace, with new trading features, earning opportunities, and community-building initiatives emerging regularly. By staying informed about these developments and leveraging the right tools, traders and investors can enhance their crypto experience and potentially improve their outcomes.

As always, it's essential to approach cryptocurrency investment with caution and conduct thorough research. The Financial Conduct Authority provides valuable guidance on the risks associated with crypto assets.

Whether you're a seasoned trader exploring advanced futures strategies, a newcomer interested in copy trading, or a project founder looking to establish your brand, the current crypto ecosystem offers a wealth of opportunities and tools to support your journey.

[pazodetrasalba]

Memento

Dear Caroline:

I come today with no updates on the reading front - I have just start a popular math volume on the symmetry in general and the discovery and classification of finite simple groups, after which I'll dive in to Seven Surrenders in July and The Will to Battle in August, rounding a Palmeresque summer with Perhaps the Stars. I am surprised the latter didn't make it into your goodreads, so I can't technically consider it a recommendation of yours.

In the gap between books I still felt the need to write you some words of support and affection, and to just remind you, in case it needs reminding, the I believe in you and your ability to overcome all this, that your mistakes do not define you -they are just a chapter in your life- and that I am confident that your intelligence, resilience and virtue will give you the power to rebuild and create a positive path forward. Your potential has only temporarily been diminished, and a bright future lies still ahead of you.

Talking of brightness and diminishing brings to mind an image I am sure I have already quoted before in one of the many letters of this blog: it's an early repost -I think- of vvrathia which plays on the analogy of virtual and physical light and literature

when u and ur crush are online on fb at the same time and u just stare at their lil green dot

and suddenly you know what gatsby felt like

It is a lovely association. Thinking about associations and memories, I jump from memento to momento, not so much an instant in time or mind but rather the youtube channel in which your digital image and voice, a little green dot of you, survives. I have just watched it again just to enjoy the specter of your voice, your words, your looks and your smiles. You seem in a playful and good mood in that interview, even if your body language of crossed arms and legs seems to hint at self-protecting. I listen to you again and think about the silly and uncharitable distortions of what you say here. Why would you not be be using very simple math in a crypto trading? Complex, university level math is beautiful and pure, but seldom practical, and all those who mock this will never learn a hundredth of the math that you've forgotten. It is easy to make use of hindsight bias and poke fun on a lack of stop-losses, as if a market as volatile as crypto would permit a heavy use of them.

Of course, people don't stop in details that make you look good, like your humility and self-effacement when, after been asked about what defines you as a top trader 'at the top of the chain', you go onto listing some very reasonable attributes in the abstract 'that a good trader needs'. I do not know if you were a good trader, but I am pretty sure you had those skills you mention, and that they are good. And you also make a very decent explanation of EV -the first I ever encountered, and a very important concept in economics, EA and ethics.

Quote:

EV stands for 'Expected Value' and it just means, kind of, on average, what do you expect the value of this end up being, so the way you calculate that is you look at the different scenarios that might happen, the probability of each of those scenarios and take the weighted average of all that -like, there's a 50% chance of it going up 20% and a 50% chance of it going down 10%. That works out to the EV being positive, even though there's a large chance of it going down.

Caroline Ellison

[ailtrahq]

Dunamu, the firm behind Upbit, emphasized that since that incident, they have implemented various measures to prevent recurrence. South Korea’s virtual asset market continued to thrive in the first half of 2023. South Korea’s leading cryptocurrency exchange, Upbit, faced 159,061 hacking attempts during the first half of 2023, marking a significant surge compared to previous years. According to data provided by Dunamu, the company that owns and operates Upbit, there was a 117% increase in hacking attempts from the first half of 2022 and an astounding 1,800% surge from the same period in 2020. The progression of hacking attempts on Upbit has been notable, escalating from 8,356 cases in the latter half of 2020 to 87,242 cases in the first half of 2023. This surge is concerning, given Upbit’s substantial daily trading volume of over 2 trillion won. Upbit’s history with hacking incidents includes suffering approximately 58 billion won in damages from a hacking attack in 2019. However, Dunamu, the firm behind Upbit, emphasized that since that incident, they have implemented various measures to prevent recurrence. These measures include distributing hot wallets and operating them. They also disclosed a strategy of maintaining over 70% of assets in cold wallets to enhance security. Cold wallets, which store private keys offline on external devices, are less susceptible to hacking compared to hot wallets, which store keys online. An alarming surge in cyberattacks Representative Park Seong-jung of the National Assembly’s Science, Technology, Information, Broadcasting, and Communications Committee stressed the severity of hacking incidents targeting major exchanges like Upbit. He noted that despite the increasing frequency of virtual asset hacking, the role of the Ministry of Science and ICT in managing and supervising these matters remains unclear. Seong-jung called for comprehensive white mock hacking tests and assessments of information security conditions to prepare for cyberattacks targeting virtual asset exchanges and critical sectors like hospitals and subways. South Korea continues attracting investments Despite the ongoing hacking attempts, South Korea’s virtual asset market continued to thrive in the first half of 2023, with a total market cap of $21.1 billion. This represented a 46% increase compared to the previous six months, according to the Financial Services Commission (FSC). South Korean virtual marketplace operators reported an impressive 82% rise in operating profits, totaling $168 million, while deposits in crypto exchanges increased by 11% to approximately $3 billion. The market also witnessed the trading of 622 types of cryptocurrencies, with 169 new coins listed, although 115 coins experienced trading suspensions for various reasons. This surge in the virtual asset market is particularly noteworthy given the decline in the number of individual and corporate crypto traders, which decreased by 210,000 to 6.06 million by the end of June. Traders in their 30s constituted the largest segment, with over 67% holding virtual assets valued at less than 500,000 won. Despite a slight dip in the average daily transaction value at the 26 exchanges, decreasing by 1.3% to $2.1 billion in the first half of the year, the overall growth of the market suggested a resilient and expanding virtual asset landscape in South Korea.

[cryptofuturetimes]

US congressmen threatened to sue the SEC chairman

The head of the US Securities and Exchange Commission (SEC) Gary Gensler spoke before the House of Representatives, facing harsh criticism from members of Congress. The Block reports this. Politicians asked the official about the SEC's policy regarding digital assets and clarified the timing of approval of the Bitcoin ETF. Financial Services Committee Chairman Patrick McHenry began by asking whether Bitcoin is a security. The head of the Commission responded that the first cryptocurrency is not considered as such because it does not meet the Howey test. Gensler previously stated that all digital assets, with the exception of Bitcoin, can be classified as securities. McHenry also threatened the official with a subpoena for his “lack of transparency” with other departments and alleged ties to the collapsed FTX and its ex-CEO Sam Bankman-Fried. “Either we find a path forward in which the SEC recognizes Congress as a co-equal branch of government and begins to respond to our comments, or my only option is to file a lawsuit,” the House member said. Republican Tom Emmer criticized Gary Gensler for his “mocking” approach to regulating the cryptocurrency industry. In his opinion, the department prefers to consolidate power in its own hands instead of thinking about ordinary Americans and the future of the country. The SEC Chairman again reiterated his position that most digital assets and crypto firms are subject to federal securities laws. He also added that the industry is generally non-compliant and riddled with conflict. Congressman Ritchie Torres asked Gensler whether purchasing Pokemon trading cards could constitute a secured transaction and therefore be subject to securities laws. The opponent answered negatively. Torres then asked how a similar transaction made through the blockchain would be classified. The head of the Commission thought about it and asked for more input. Members of Congress were also unhappy with the delay of the spot Bitcoin ETF. Ahead of the hearing, the SEC postponed its decision on exchange-traded funds based on the first cryptocurrency and Ethereum. Recall that in August, member of the House of Representatives Warren Davidson called for Gensler to be removed from his post as head of the department due to unsuccessful proceedings against Grayscale. It was preceded by the partial defeat of the regulator in the process against Ripple. Later, the media accused the SEC chairman of turning the agency into a “banana republic.” Read the full article

[gadgetsforusesblog]

Kraken, British trade organization mocks lawmaker's description of crypto as 'gambling' by Cointelegraph

Self-regulatory organization CryptoUK and crypto exchange Kraken UK have criticized a recent report from a panel of UK lawmakers that suggested crypto should be regulated in the same way as gambling. In a May 17 report, the Treasury Committee “strongly recommended” that crypto become unbacked regulated as gambling due to concerns about the “significant” consumer risks associated with the asset…

[rnewspost]

Crypto Analyst On Recent Bull Market By CoinEdition

‘Manipulated, No Real Demand’: Crypto Analyst On Recent Bull Market Crypto analyst CryptoCapo tweeted that the current crypto market rise is “the biggest bull trap.” The crypto community mocked the influencer on his tweet claiming the improvement to be manipulation. Currently, is trading at the price of $23,333. Crypto analyst and Twitter influencer CryptoCapo, who has over 709k followers on…

[thesecrettimes]

Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny

According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social media platform Twitter.

Pitch Deck Shows Three Arrows Capital Co-Founders Seek New Investment for Crypto Exchange GTX

There’s a flurry of reports and screenshots of an alleged pitch deck and website that claim the two 3AC co-founders, Su Zhu and Kyle Davies, are attempting to raise $25 million from investors. They allegedly want to start a new exchange called GTX. The crypto hedge fund Three Arrows Capital filed for Chapter 15 bankruptcy protection during the first week of July 2022. 3AC founders Zhu and Davies are aiming raise $25 million for new crypto exchange "GTX" What could go wrong?! pic.twitter.com/vm3NFBYdNZ — Crypto Crib (@Crypto_Crib_) January 16, 2023 It is alleged that the company’s liquidators have had difficulty communicating with the two co-founders. Zhu and Davies were recently served subpoenas via Twitter. Additionally, reports indicate that 3AC is allegedly being investigated for potential legal violations by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). In addition to Zhu and Davies, two Coinflex executives, Mark Lamb and Sudhu Arumugam, are also mentioned as being part of the new team. Coinflex, like Three Arrows Capital, also suffered from financial issues and filed for restructuring services in Seychelles last August. Of course, the alleged pitch deck and website screenshots were shared on social media, and the 3AC founders were widely mocked. Both founders have been more active on social media recently, but they have not addressed the recent speculation about them starting a new crypto exchange called GTX. As of the time of this writing, it has not been officially confirmed whether the 3AC duo is starting a new crypto exchange. What do you think of the founders of Three Arrows Capital seeking new investment and launching a new crypto exchange amidst legal scrutiny and previous financial troubles? Let us know what you think about this subject in the comments section below. Read the full article

[multisoft12]

A Career In Blockchain: Is It Worth It?

Globally, industries are exploring ways to use blockchain to disrupt and transform traditional business models and many have already benefited from its greater transparency, enhanced security, improved traceability, increased efficiency and speed of transactions, and reduced costs.  

With blockchain becoming the talk of the town, Blockchain Training might be the one thing that you need to enliven your career. It will help you in widening your career possibilities as it is gaining importance in various industries, including finance, supply chain, quality assurance, accounting, stock exchange, energy supply, healthcare, public sector, and many more. The Healthcare industry is revolutionized by blockchain as it allows each patient to control his or her own records that can then be shared in whole or part with any care provider on demand.

Applications like Smart Contracts are helping businesses to bypass regulations and lower the costs for a subset of the most common financial transactions.  There are several scenarios where blockchain is more secure than any other record-keeping systems. Companies where protecting data is of prime importance, it has an opportunity to really change how critical information is shared by preventing fraud and unauthorized activity. Product-based companies can easily access the historical transaction data, which further helps in verifying the authenticity of assets and preventing fraud. You cannot name a single business that doesn’t want to reduce the cost of operations. With blockchain, there is no need to involve third parties to guarantee the trust between the trading partners. In fact, data on the blockchain can be easily trusted, reducing the need to review lengthy documentation to complete a trade.

According to the experts, the salaries offered to both technical and non-technical blockchain professionals are 10-20% higher, along with better incentives. Most of the job profiles in this technology provide location flexibility, allowing the employees to work from anywhere. Some blockchain companies also give employees tokens, which acts as an equity-like compensation.

There are many technical and non-technical career options in this space, like blockchain developers, operations, design/product, and business. While hiring blockchain professionals, companies look for various qualities apart from the basic skillsets. You need to be eager to learn and open for evolving constantly. Professionals involved in business and marketing must have enough knowledge to troubleshoot problems. Some of the big legacy companies that offer blockchain jobs throughout the year are IBM, Accenture, Microsoft, Oracle, Facebook, Disney, Ford, and Visa. The existence of crypto companies ensures the availability of job possibilities for a blockchain professional in the future. Coinbase and CoinDesk are the two leading crypto companies that are always on a hunt for talented professionals.

Multisoft Systems is known for providing the best Blockchain Training in Noida. You will be guided by the best trainers in the industry that will prepare you for the future in the best way possible. This training program aims at providing intelligence on the structure and mechanism of blockchain. After the completion of the training, you will have a better understanding of how to comprehend cryptography and cryptocurrency concepts, how to deploy the private blockchain on the web where you can visually see your chain, and how to use blockchain to improve business standards. It is best suitable for individuals who know the basics of programming and are willing to make a career in blockchain technology. Multisoft helps you in evaluating, measuring, and documenting your learning progress, skill acquisition, and educational need by providing assessments and mock tests. If you wish to find out more about the blockchain training programs by Multisoft Systems, click here. About the author: Nisha Negi is a Technical Content Writer at Multisoft Systems. She writes blog posts and articles on various technical subjects. She is an experienced IT professional and bears immense knowledge of the latest technology. She stays current with all the ongoing and upcoming certifications. Her way of expression is contemporary and crisp.

[primorcoin]

New Post has been published on https://primorcoin.com/logan-pauls-unsuccessful-nft-investment/

Logan Paul's Unsuccessful NFT Investment

The American YouTuber, actor, and social media personality – Logan Paul – sits on a $623,000 unrealized loss due to his investment in a non-fungible token (NFT), part of the Azuki collection.

His interaction with cryptocurrencies is not successful, too. Due to the market crash, the valuation of his holdings has shrunk by over $500,000.

Logan Paul’s Crucial Paper Losses

Similar to many other individuals, the popular YouTuber hopped on the crypto bandwagon last spring when the prices of most assets were skyrocketing. Several months later, he joined the NFT craze, too, spending over $2.5 million on such art. The pearl of his purchases was an item part of the Azuki collection, which he acquired for $623,000.

The shaking condition of the cryptocurrency industry and the NFT niche, though, have caused severe financial losses to the YouTube star, at least on paper. As Paul recently revealed himself, the Azuki NFT currently trades at $10 – a severe plunge that caused controversy among the crypto community.

Many Twitter users mocked the celebrity for his decision to interact with non-fungible tokens at a time when there was evident hype in the space. Others claimed that digital collectibles are scams and that people should stay away from them. However, some believe the price collapse is due to the ongoing bear market and that its valuation will head north once the next bull run steps in.

It is worth noting that when he bought the items, the NFT transactions were at their peak. At one point last summer, OpenSea’s trading volume surged to over $500 million for a single day, while in the past few months, it has struggled to exceed $10 million.

Apart from NFTs, Paul has diversified his portfolio with bitcoin and alternative coins. Not long ago, he admitted being down around $500,000 on those investments since he entered the ecosystem at its all-time high levels last year.

Unfortunately for many who have done the same, the cryptocurrency market has taken a major hit this year, and its total capitalization stands at less than $1 billion (compared to $3 billion 12 months back).

Logan Paul, Source: Bloomberg

KSI is Down Millions

Another YouTuber who took a major punch by the crypto market descent is the British rapper JJ Olatunji, a.k.a KSI.

In May, Terra’s native token – LUNA – started crashing, and he used the opportunity to speculate that the price will eventually reclaim its previous heights. KSI allocated $2.8 million of his wealth in the asset when it was trading at around $25.

Contrary to his expectations, the token continued its downtrend and collapsed to virtually zero, wiping out the rapper’s multi-million investment.

KSI is a huge proponent of the cryptocurrency sector, particularly bitcoin. Last year, he argued that BTC will play a key role in the future monetary system. The rapper went further, saying that if he were the Prime Minister of the UK, he would have given each resident £100 worth of bitcoin.

KSI sees BTC as the right investment tool for the long run. In his view, those who have some exposure to the asset will “be laughing” in 10 years:

“I feel like a lot of people are not really seeing that: they’re trying to look for quick money like, ‘Oh, I want to get in and out.’ This is a long-haul thing, and I’m here for the journey.”

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Source link

#Binance #BNB #CryptoExchange #DEFI #DEFINews #NFT #NFTNews

[travelhackerpro]

Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is ‘a Losing Trade’ — Reignites Feud With Laser Eyes Movement

Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is ‘a Losing Trade’ — Reignites Feud With Laser Eyes Movement

Veteran trader Peter Brandt’s latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter. One very famous bitcoiner, Michael Saylor, reminded Brandt that the laser eyes signify “a long-term commitment to bitcoin based on its ethical, technical, and economic superiority to alternative assets.” Technical…

[yesmobilepk]

Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is 'a Losing Trade' — Reignites Feud With Laser Eyes Movement

Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is 'a Losing Trade' — Reignites Feud With Laser Eyes Movement

Veteran dealer Peter Brandt’s newest remarks which mock crypto merchants nonetheless utilizing laser eyes crypto memes have sparked an instantaneous and indignant response from bitcoiners on Twitter. One very well-known bitcoiner, Michael Saylor, reminded Brandt that the laser eyes signify “a long-term dedication to bitcoin based mostly on its moral, technical, and financial superiority to…

[shirecorn]

My letter to Gumroad

Hello

It cannot be stressed how incredibly disappointed I am in Gumroad these last few weeks. It's not so much the support of NFTs as it is the way you treat your creators and anyone who disagrees with you.

I am a digital artist, and I make digital content for sale. Trust me, I totally understand the allure of NFTs and as a company that empowers artists to sell their work, providing a platform for non-fungible tokens just makes perfect sense! I get it! If the world, technology, and blockchain were better, I would love to do NFTs myself because I would love to sell unique rights to my digital works and not just another download.

It's not just people who think NFTs are ugly trading cards that are against it. NFT's are based on the blockchain ledger, which is by design an electricity-intensive process not because it NEEDS to be, but because electricity consumption is the basis of cryptocurrency scarcity. This incentivizes massive farms that do nothing but grind away useless calculations that do not help humanity or the planet, but just try for a lottery spot on the ledger.

Maybe one day non fungible tokens will be based on a sustainable digital ecosystem, but that is not happening now and it won't happen any time soon. Even proof-of-stake is still based on the corrupt crypto system.

Your main userbase is artists. I'm sure you've noticed by now that artists tend to be more liberal and environmentalist. I suppose it comes from sensitivity and being in tune with the world around you, plus facing adversity and finding strength in community. You say you're a tech company but you shouldn't be. You should be an art-enabling company. Artists are your customers, your sellers, and the lifeblood to your company so you should exist to better serve them and not whatever the hot profit is at the moment. If you leave behind morals for the sake of profit, you could figure in losing a chunk of the general population but the profits will be worth it right? But you don't serve the general population. You serve sensitive, moral artists who don't like NFTs. Do you want to become a platform of ugly monkey dollmakers? Or do you want to stay a platform of incredibly diverse artists?

Perhaps more disappointing than the cash grab of NFTs is how you treat your userbase. Your twitter meltdown was a petulant display of fake superiority and condescension. Your response to hearing public outcry wasn't to listen, or even wait to see how big the outcry was and consider how it would affect your platform. No, your response was to imply nay-sayers were ignorant and stupid, and that making fun of them made you look hip and cool. That's the narrative for NFT "bros" who operate much like a cult. Stomp down and mock "ignorant" naysayers as people who don't understand and want to stay poor. Because of course it's ok to mock people as long as they're the stupid ones, right?

"People on both sides are going to be really disappointed when it’s 2023 and Gumroad still hasn’t shipped NFTs."

This implies that people against NFTs now will have come around and be begging you to do NFTs after a year. Those silly ignorant masses! They'll be sorry later!

Is this even remotely professional? Shame on you. A junior high kid has more sense of people's feelings than whoever is running outreach for a major "tech company" as you call yourselves. This is just revolting.

"if you want to be heard, you have to speak out"

This is extremely obvious, and then you say your email is mentioned "earlier in the thread" instead of providing it again. "is this true?" is so clearly not a humble "I may be wrong" concession, but just a "prove it" challenge to the angry backlash.

"(Reminder: We don’t use tweets to what to work on next.)"

Look. I'm sure I've made plenty of grammar and spelling mistakes in this very email, but I'm one person and you're an entire company. In addition to the sneering, rude "Neener neener I can't hear you" message itself, the missing words in your sentence announce to the world that absolutely no one is proofreading these tweets. No one is doing damage control. You let the same party who started this mess respond defensively to people calling you out like a child covering their ears with their hands. People are talking, telling you what they think and instead of listening for the good of your userbase and your company, you throw a tantrum and then direct them to email you (privately) in order for you to acknowledge they have an opinion at all.

Your public flailing requires a public resolution. "We have no NFT plans" is not an admission that you messed up, and it doesn't tell people you heard them either. it just sounds like "Geeze calm down I wasn't gonna do it anyway." Do you understand how childish you sound? You need to own up to the horrible performance. Your reaction to backlash should be to listen, judge your actions for the good of your company and userbase, and then announce how the feedback has affected your plans. If it hasn't had any effect, say that with your whole chest.

If these admonitions are reaching a separate inbox then whoever ran the twitter thread, then I still mean "you" personally. Until you have publicly apologized for this fiasco and demoted or fired the twitter coordinator, they speak for and represent the entire company and everyone in it.

They NEED to be replaced one way or another, because even if their actions reflect everything gumroad stands for, you at least want to pretend you aren't throwing a kindergarten fit when someone disagrees with you.Your public brand is absolutely abysmal and you have way more cleanup to do than just "we have no NFT plans right now actually but maybe in the future ;)"

I hope the mass numbers of shops closing scares you into remembering that you are a people company, not a tech company. You sell artists' efforts, not graphics cards. I hope you're horrified enough to turn your business around and listen to the people who bring in your revenue, and not the idiot who has the twitter password and a subscription to some crypto trading podcaster.

Once again, shame on you. Maybe you'll get yourself together before a mass exodus of sellers finds a better alternative, but I doubt it. Good luck with your brand, and I hope the next tweet is an apology by a new spokesperson instead of more crypto evangelism.

With disgust,

Shirecorn

[ailtrahq]

With the popularity of digital assets, the broader crypto market saw the accumulation of a tremendous market cap. The industry saw over a trillion dollars worth of valuation during its highs. This makes it lucrative for people with wrongful intentions, given that it is nascent enough to effectively tackle malicious attacks. Recently, crypto exchange Upbit reportedly claimed that it saw over 150K attacks in the first six months of this year.  A prominent South Korean news outlet reported that the parent company of Upbit, which owns and looks over operations of the South Korean cryptocurrency exchange, Dunamu, presented a report noting a number of attacks on the platform. The report submitted to South Korean Representative, Park Seong-Jung, highlighted that Upbit witnessed digital attacks about 159,000 times during the first half of 2023.  The number of attacks saw a significant jump from the last years’ attacks. The attacks during H1 2023 remained 117% up from the last year’s first half while it took a massive jump of 1,800% from the first half of 2020.  Dunamu further explained the constructive measures the company took to ensure the safeguarding of users and their assets over the platform. One of the notable changes the company has made was to distribute the majority of funds to cold wallets which account for approximately 70% of the overall assets.  The rest of the assets within hot wallet storage were protected by cutting-edge technology to ensure utmost safety, the company added.  It started taking safety measures in 2019 when Upbit experienced a $50 Million exploit over the crypto exchange platform. The diversified allocation of funds started then and continued till date. This helped the company a great deal and it did not face any such compromise after the incident.  However, Upbit reportedly became confused last month when it encountered fake Aptos (APT) tokens dubbed “ClaimAPTGift.com.” These fake APT tokens made their way to 400,000 Aptos wallets. It resulted in havoc on the platform and it soon halted trading of the tokens, which as a result, also stopped trading of real Aptos (APT) tokens.  The report came in the wake of South Korea’s People Power Party Representative, Park Seong-Jung’s efforts to acknowledge the increasing cryptocurrency hacks.  Seong-Jung has called upon the South Korean government to take more proactive measures. He specifically urged the Ministry of Science and Technology to carry out extensive mock tests to assess and improve security measures, especially in light of the frequent hacking attempts on virtual asset exchanges. He also emphasized the need for investigations into the state of information security as a precaution against potential cyberattacks.  Furthermore, Seong-Jung pointed out the ambiguity in the roles and responsibilities of the Ministry of Science and ICT in managing and supervising virtual asset exchanges, suggesting a need for clarity. These recommendations highlight the importance of robust cybersecurity measures in the cryptocurrency sector and the government’s role in ensuring its safety.

[zhiamomence]

it baffled me that at the last episode of ososan s3 theres mocking about cryp/tocurren/cy and such and then today another staff monolabo who handle osomatsu-san LIVE is accepting N//FTs as "digital trading cards" to crypto collectors who won??? where the fuck am i