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Topics - Zen10

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1
Trading / Binance DEX (Equal) Trading Competition
« on: August 19, 2019, 09:24:52 AM »
There are multiple ongoing trading competitions on Binance DEX but I would like to focus on the Equal Trading Competition which started today!

Quote
To celebrate the BEP-2 EQL token (EQUAL) listing on Binance DEX, EQUAL is excited to announce an EQL trading competition on Binance.org — with up to 10,200,000 EQL to be airdropped to eligible traders.

Campaign Period: 42 days, from August 19th 2019 0:00:00 AM (UTC) to September 30th 2019 11:59:59 PM (UTC), split into 6 rounds, 7 days per round.

Total Rewards: 10,200,000 EQL

Overview

  • Total Rewards Budget: 10,200,000 EQL
  • Duration: 6 weeks (42 days)

Requirements:
  • Daily volume greater than 300,000 EQL (Buy & Sell) on a minimum of 5 days a week.
  • Minimum volume of 1,500,000 EQL per round
  • Traders must hold 100,000 EQL & 10 BNB in the address to qualify each competition day.


Trading Competition T&Cs:
  • Duration: 42 Days from 19/08/2019 0:00 AM (UTC) to 30/09/2019 0:00 AM (UTC).
  • Total rewards budget: 10,200,000 EQL.
  • Requirements: Binance Chain address with a trading volume of 300,000 or more EQL tokens (buy & sell) with at least 100,000 EQL & 10 BNB held in their address each competition day.
  • The recorded trading volume on each address will reset daily at 0:00 AM (UTC).
  • EQL balances for each day will be recorded randomly during the competition day.
  • Each full-day refers from 0:00 AM to 23:59:59 PM of the next day (24 hours).
  • Trading volume refers to total buys and sells.
  • EQUAL reserves the right to disqualify wallet addresses for trades which are wash trades or display market manipulation. Additionally, wash trading between some same accounts will be excluded from the volume.
  • The reward will be distributed weekly every Tuesday, at 5:00 PM AEST.
  • EQUAL reserves the right to cancel or amend the competition or competition rules at its sole discretion. Also, EQUAL reserves the right of final decision in the case of disputes.

https://medium.com/@EqualNetwork/binance-dex-equal-trading-competition-224caad4a5c6


Download the Equal Web 3 Wallet now and join the competition!
Wallet: https://chrome.google.com/webstore/detail/equal-wallet-the-metamask/blnieiiffboillknjnepogjhkgnoapac

Tutorials:




Note: You can also use other wallets as long as it supports Binance DEX.


I've already posted a similar topic in another forum.

2
Crypto Discussion / Binance KYC leak
« on: August 07, 2019, 12:44:10 PM »
There's an ongoing news circulating on telegram about a Binance KYC leak. Stay safe and do not click any links posted out there because that might get you hacked instead.

News: https://blocktv.com/watch/2019-08-07/5d4a8ff74f258-binance-says-it-is-being-extorted-over-leaked-client-data-

Binance Statement: https://www.binance.com/en/blog/365766157488967680/Statement-on-False-KYC-Leak


I've already posted a similar topic in another forum

3
Crypto Discussion / Use wallets where you control private keys
« on: July 15, 2019, 01:11:18 PM »
"Not your keys, not your funds", that is usually the advise given to many newbies storing their assets on exchanges. Apparently, there are some mobile wallet providers that controls the private keys like FreeWallet. Using such wallet is just as bad as storing on exchanges because they can also hold your funds whenever they desire and there's nothing you can do but to comply with whatever requirements they need. Your assets may still be released but imagine the inconvenience and the lost opportunities.

It is preferred to use wallets where you control the private key.


I've posted a similar topic in another forum

4
Crypto Discussion / The President Of The United States (POTUS) is not a fan of Bitcoin/Crypto
« on: July 12, 2019, 02:16:04 PM »
Check out his tweet today https://twitter.com/realDonaldTrump/status/1149472282584072192

Some issues he raised are:
  • Not real money
  • Volatile
  • Value is out of thin air
  • Unregulated

5
Scam Reports & Crypto Crime / Stay away from scambots
« on: July 10, 2019, 07:31:26 AM »
They are out there again with all these scam giveaways. Those who have been around for a while knows these are all scams but for those who are new in this space, please do not fall for these scambots.






I've posted a similar post in another forum

6
Crypto Discussion / What is your take on shilling?
« on: July 08, 2019, 03:24:41 PM »
We have already seen in the past that some influencers have used this method already to pump their bags then dump to their followers that is why when we see/read someone shilling a coin or token, the usual reaction for most of us is to avoid it. But what if what's being shilled is also one of your bags? Would you say that it is bad and people should avoid it? I guess not.

I think many of the top cryptos today (even bitcoin) has been shilled at some point. This makes shilling not necessarily a bad thing. So what should be done when we see a coin/token being shilled? You can either ignore or dig deeper and see what makes it unique (and profitable).

Opinions?



I've already posted a similar topic in another forum

7
Crypto Discussion / The Changing Method Of Token Sales
« on: July 05, 2019, 10:21:00 AM »
When a certain model goes out of favor, something new comes out. In the case of token sales, it started with ICOs then comes STOs. A few months later, some people are rushing to join the IEO craze. Just when I thought I've heard it all, two new models came out. Just today, I read about STEO (Security Token Exchange Offering) and OEO (Order Book Exchange Offering).

I appreciate the effort of these people to bring something new to the market but all these looks the same to me. Just a change in how it's being packaged.

What do you guys think will be next?



Note: I've posted a similar topic in another forum

8
Crypto Discussion / What are Some Risks Of Hodling Alts for Long-Term?
« on: July 03, 2019, 02:33:41 PM »
  • You might end up holding dead coins if the project gets abandoned
  • You might miss swaps and end up holding worthless tokens
  • Delisting of coin/token and you miss the withdraw period (in case you store coins/tokens on exchanges)

Take time to follow news/updates on the coins/tokens you invested to minimize the above listed risks. Checking up their telegram/discord/social media once or twice a month will help.


I've posted a similar topic in other forums

9
Useful Cryptocurrency Resources / Websites For Crypto Market Watch
« on: June 25, 2019, 06:10:17 PM »
Many are already familiar with COINMARKETCAP but not many are familiar with other sites that are also used for monitoring the market. Many serious traders use these alternative sites because they believe they present more reliable data than CMC.

Here are some of them:






WORLDCOININDEX






















Out of the websites listed above, my preference is Nomics.
Do you know of any other websites that monitors the crypto market? If yes, then comment it below.

10
Crypto Discussion / Some countries are moving backwards?
« on: June 10, 2019, 09:31:41 AM »
News on the proposal to ban crypto in India and jail to 10 years anyone caught holding has quickly circulated in social media and maintream media. The Reserve Bank of India (RBI) denied they had anything to do with the proposal but base on their previous stance, they would likely agree to this also. It won't come as a surprise to me it this proposal is signed into law.

What do you think of this proposal? Is the Indian government really moving backwards in not allowing crypto to flourish in their country?

11
Crypto Products & Services / EQUAL - Blockchain Made Simple (Multi-Chain Web3 Crypto Wallet)
« on: June 04, 2019, 01:07:35 PM »
EQUAL - BLOCKCHAIN MADE SIMPLE





12
Useful Cryptocurrency Resources / How about a Bitcoin Book?
« on: June 04, 2019, 12:35:44 PM »
I saw this posted somewhere and I thought it's also worth sharing here, enjoy! All links are copied from github btw.


THE BITCOIN BOOK

Summary:

Chapter 1: Introduction
Chapter 2: How Bitcoin Works
Chapter 3: Bitcoin Core: The Reference Implementation
Chapter 4: Keys, Addresses
Chapter 5: Wallets
Chapter 6: Transactions
Chapter 7: Advanced Transactions and Scripting
Chapter 8: The Bitcoin Network
Chapter 9: The Blockchain
Chapter 10: Mining and Consensus
Chapter 11: Bitcoin Security
Chapter 12: Blockchain Applications

13
Trading / Price Manipulation?
« on: June 04, 2019, 11:36:19 AM »
Every time BTC pumps or dumps in a short time, many people would cry about whales manipulating the price.

If you come to think of it, they are just traders who happen to have HUGE bags that they can affect the price everytime they make a move like shorting and buying back. There are also many traders who are doing this practice, the difference is that they do not have the bags to move the market like "whales" do.

So is it really manipulation?

14
Crypto Discussion / Tokens on Binance Chain
« on: May 26, 2019, 02:10:58 PM »
As of now, I only know of a few projects that expressed their support of the Binance Chain and will be migrating to this new blockchain. One of which is one of my long time holdings Equal Token (EQL) - https://coinmarketcap.com/currencies/equal/

Any others you know of?

15
Crypto Discussion / Teams Should Be Quick to Adapt To Changes
« on: May 12, 2019, 11:45:27 AM »
We can all agree that things changes quickly in crypto and those changes could either be beneficial or problematic. As such, blockchain projects (especially the development teams) should be quick to adapt to changes to steer away from possible problems/issues.

Take the Veil team for example, upon learning about the vulnerability in ZeroCoin (which is part of their core protocol), they immediately issued a wallet update to protect all its users. Just recently, they've announced that they'll replace Zerocoin with a new privacy protocol and create a new wallet. According to the team, this is being done to stary true to their mission which is to bring a complete solution to the shortcomings of all existing privacy coins.  Read the full blog at https://veil-project.com/blog/2019-05-09-state-of-veil/?fbclid=IwAR2Zj8qe6R4ZcIg5btDldFp2IVf6LmTUiX-SS-n8oD-BTcXxFLMLa2uEMyg

What Veil has done is pretty decisive in my opinion and should be commended.

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