Monday, February 25, 2019

Crazy Weekend / Warren Buffet / Venezuela / Constantinople

Subscribe | View in browser

$BTC (1:12 p.m. EST): $3,894.59 (1.82%) // 90-day high: $6,286.41 // 90-day low: $3,286.14 / / More

$BCH ABC (1:12 p.m. EST): $138.28 (4.58%) // 90-day high: $432.88// 90-day low: $80.95 // More

$ETH (1:12 p.m. EST): $141.48 (0.64%) // 90-day high: $201.35 // 90-day low: $86.08 // More

$LTC (1:13 p.m. EST): $46.99 (4.89%) // 90-day high: $49.19 // 90-day low: $22.09 // More

$XRP (1:13 p.m. EST): $0.32 (8.85%) // 90-day high: $0.52 // 90-day low: $0.28 // More

Here are the 10 most important stories about bitcoin and cryptocurrencies today

Facebook gray   Twitter gray   Email gray   Permalink gray

1. Cryptocurrency prices are slighty up early Monday following a price jump on Saturday that was wiped out (and then some) with a major drop on Sunday. The price of bitcoin surpassed $4,200 per coin on some exchanges, but then dropped more than 11 percent against the dollar in minutes on Sunday. Other major cryptocurrencies went along for the ride, suffering double-digit percentage losses. Crypto analyst Josh Olszewicz argued that the recent spike in futures contracts on CME could have triggered a build-up of sell pressure, although that is only a theory. –CCN

Facebook gray   Twitter gray   Email gray   Permalink gray

2. Warren Buffett took aim at bitcoin again in a new interview, saying it is a "delusion" that "attracts charlatans." Language Warren! In an interview with CNBC, Buffett said he had sympathy for bitcoin optimists who bought the coin in hopes it would make them rich. He added, though, that he does not understand what drives its value. For that reason, he continued, is why he continues to be critical of digital currency. "Bitcoin has no unique value at all," he said. In the past, Buffett has been critical of bitcoin, calling it "rat poison squared" and a "mirage," among other names. –CNBC

Warren Buffet critical of bitcoin ... again
Facebook gray   Twitter gray   Email gray   Permalink gray
Ad

What's new in the entirely reimagined Jira Software? Just about everything.

The next generation of Jira has arrived, featuring new roadmaps, more flexible boards, an overhauled configuration experience, and dozens of new integrations. And that's just the beginning. See what you're missing in the entirely reimagined Jira Software. Simpler and more powerful than ever before.   

 

3. Carlos Hernandez, a Venezuelan economist, wrote in The New York Times how bitcoin has become essential to those living in his country as the nation's economy falters. "'Borderless money' is more than a buzzword for those of us who live in a collapsing economy and a collapsing dictatorship," he wrote. Hernandez explains in the piece how he skirts local authorities to keep what money he has in bitcoin, and how he is able to share funds with relatives inside the country and abroad. "You could say that cryptocurrencies have saved our family." Hernandez is not alone in feeling this way. –THE NEW YORK TIMES

Venezuelan economist writes about bitcoin necessity
Facebook gray   Twitter gray   Email gray   Permalink gray

4. The Constantinople and St. Petersburg network upgrades have been scheduled for block 7,280,000, which is scheduled to be mined on Thursday. That day could change depending on the speed of the blockchain. The two upgrades were originally going to be two separate events but the timing has changed it now to just one event. The implementation of Constantinople will bring forth multiple improvements for the efficiency of the network, which will include the "difficulty bomb" and Ethereum's block reward decrease. St. Petersburg will delete EIP 1283 from the ethereum test network. –BITCOIN EXCHANGE GUIDE

Facebook gray   Twitter gray   Email gray   Permalink gray
Ad

Engineers Build Business with GitPrime

Ship faster because you know more, not because you're rushing. GitPrime aggregates historical git data into easy to understand insights and reports, to help make engineering teams more successful. Debug your development process with objective data. Get started today.

5. Ethereum co-founder Vitalik Buterin tweeted on Saturday that XRP is better than bitcoin because it has institutional adoption and partnerships. –COINSPEAKER

6. Bitcoin.com CEO Roger Ver announced he will serve as an advisor to LivenPay, a startup that hopes to raise $28 million through an ICO. Bitcoin Twitter was not kind. –THE NEXT WEB

7. The federal government has returned around $110,000 in cryptocurrency to Bitfiniex, although it is only a fraction of $72 million in coins that was taken from the exchange in 2016. –REUTERS

8. VIDEO: CNN interviews Overstock CEO Patrick Byrne to discuss his company's transition from a retailer to a blockchain company. –CNN

9. Bitcoin's 50-week moving average has dropped below its 100-week moving average for the first time since 2015, signaling a potential bear run, Coindesk analyst Omkar Godbole writes. –COINDESK

10. The bitcoin chart continues to do a "Bart Simpson" where its price jumps up and down while not moving too much in any one direction. –BITCOINIST

Facebook gray   Twitter gray   Email gray   Permalink gray

Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon.

Editing team: Kim Lyons (managing editor at Inside, a Pittsburgh-based journalist with recent bylines in the NYTimes and Columbia Journalism Review.) and Susmita Baral (senior editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

Facebook gray   Twitter gray   Email gray   Permalink gray
Copyright © 2019 Inside.com, All rights reserved.

Our mailing address is:
Inside.com
767 Bryant St. #203
San Francisco, CA 94107



Did someone forward this email to you? Head over to inside.com to get your very own free subscription!

You received this email because you subscribed to Inside Bitcoin. Click here to unsubscribe from Inside Bitcoin list or manage your subscriptions.

IOST Mainnet Launch Today! CEO Jimmy Zhong Live-Streaming Mainnet Launch + Announcements, Updates and More: Feb 25th IOST Update!

IOST Update: Feb 25th 2019 Mainnet Launch!

Hi ,

It's finally here, after over a year of tireless effort and building, the IOST mainnet is set to launch today! 

We want  to thank you all, the community for sticking with us and supporting us over the last year, it has been a wild ride with many up and downs (literally) and we are so proud to have all of you as supporters of the IOST network.

We have been releasing lots of updates and content over the past week, plus IOST's CEO, Jimmy will be live streaming the IOST mainnet launch live on Twitter, make sure to tune in. Read on for your full IOST update! 

The Most Complete Mainnet Launch To Date: IOST - Olympus v1.0 Has Arrived!

Olympus v1.0 is Now Live
Today, February 25, 2019, we are delighted to announce to the IOST community that the IOST Mainet is officially live!

IOST is committed to creating an exceptional open source public chain infrastructure capable of high throughput and decentralization. Over the past year, IOST has consistently been at the forefront of GitHub code updates, providing regular technical progress reports to our community and achieving each milestone on the product roadmap on time or ahead of schedule. The IOST team is firmly committed to fulfilling the promises made to our community. We are working closely with IOST's global community of developers to constantly test, evaluate and improve upon various aspects of the IOST platform including network performance, decentralization, security, developer-friendliness and user-friendliness.
Read the full announcement here.

Join CEO Jimmy Zhong for the Mainnet Launch Live on Twitter!

Join Jimmy Zhong, IOST's CEO for the Mainnet launch live stream on Twitter. Jimmy will be releasing a host of exciting news, developments and plans for the IOST network including Dapps and other projects that will launch along side Mainnet. Make sure to tune in to get all the exclusive info!

IOST mainnet event launch live on Twitter:
8pm Pacific Time (25 Feb) | 12 noon Singapore time (26 Feb).

The live stream will include:


1. IOST ecosystem plans ranging from games to content to exchange
2. Our ~200 awesome Global Partners building the ecosystem with us
3. the exciting Dapps already available on IOST
4. our "secret weapon" to lower the barrier of Dapps
5. how you can vote to receive attractive returns with IOST

Make sure to follow Jimmy's Twitter and the Official IOST twitter to join in!

Unveiling our First Set of Gaming Dapps

Starting 10 March, 2019 IOST will be the fourth most playable public chain platform beyond Ethereum, EOS and Tron. By virtue of our PoB mechanism, IOST will also become the most scalable and decentralized public blockchain available for users and developers.

IOST will bring more truly playable Dapps to our community members. To check out the full list, read the announcement here
Community Governance and Reward Distributions Methodologies

Staked voting is an important autonomous mechanism in IOST blockchain self-governance. If a Node Partner in the IOST network continuously serve the IOST community, contribute code and participate in governance, the Node Partner will receive more votes from the community.

Read the full article here.
The Second IOST Partners Ecosystem Conference

At 10:00 Eastern Standard Time on February 21st, ICAC held the second IOST Partners Ecosystem Building Conference. The purpose of this series of meetings is to bring our Global Node Partners together to discuss equitable rewards distribution rules, share their business plans for the IOST ecosystem, and to draw inspiration and closer collaborations between our Partners. IOST will decide how to distribute contribution rewards and make them available to the community after a comprehensive consultation with the Node Partners. A full summary is available here.
IOST Community Opinion: How to Design A Token Economy Model

The use of tokens can be seen as a key element for a blockchain project to operate its ecosystem and apply blockchain technology in real use cases. Through tokens, a blockchain project can realize the conversions between digital assets and physical assets.

Check out the article from community developer Jason Wang!
IOST Developer Bounty Program Update
This is the 12th week of the IOST Developer Bounty Program. As IOST's mainnet is releasing on February 25, 2019, we thank all developers who are following our project and participating in our development. IOST hope you can still participate in more activities in our ecosystem, such as setting up an IOST node, develop Dapps and/or claim our new tasks.

Full update here.
Tech Update
Everything is running smoothly on the testnet including block production, consensus rotation and overall platform development, with our technical partners and associates helping us to vigorously test the network and infrastructure. We continue to check, debug and deliver final touch-ups to ensure the smooth and successful deployment of Mainnet v1.0.

Checkout our update for a full summary of the week's development progress.
Thanks for reading our update. Don't forget, the IOST Mainnet is launching today! Make sure to follow the official IOST Twitter and Medium to make sure you receive all updates as they happen and tune in to the Mainnet Launch Live stream, see you there!

Sincerely,
The IOST Team
Facebook
Twitter
Medium
Reddit
Website
Copyright © 2019 IOST, All rights reserved.
You are receiving this email because you signed up to our mailing list via the IOST.io website

Our mailing address is:
IOST
601 4th St
San Francisco, CA 94107-1635

Add us to your address book


Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.