The Sunday Crypto Recap – Down the Rabbit Hole 51

Price action remained bearish though some high-profile Alts showed signs of life. BTC metrics (aside from short-term price) remained bullish. Binance continued to provide a model of revenue earning by providing wanted services. EOS saw the publishing of a number of meaningful governance proposals amongst other developments. Craig Wright and Tone Vays conducted another round of name-calling and circus clown performances – another week in crypto. Don’t be fooled by bearish sentiment – lots going on, progress throughout the ecosystem – patience and solid investment decisions will, in time, be rewarded.


Picks of the Week

This rebuttal of Ripple’s ‘distance’ from XRP. Colin’s deep dive into recent EOS governance proposals is also very informative.


Twitter

Despite recent bearish price action has this been an accelerated run-up for BTC?:
https://twitter.com/PrestonPysh/status/1183041162518683649

BTC defined:
https://twitter.com/francispouliot_/status/1184627170234294272

Employment numbers for the larger crypto companies:
https://twitter.com/lawmaster/status/1182957621952663554

Libra sheds more members…scan down to Nick Sabo comments…:
https://twitter.com/davidmarcus/status/1182775728431087623

A brief analysis of IEO performance:
https://twitter.com/lawmaster/status/1184454371305775104

Addressing exchange EOS voting:
https://twitter.com/GenerEOSAus/status/1183949268903612416

The crypto circus:
https://twitter.com/voice0fcrypto/status/1184532883576410123

EOS 1.8 update – lots of potential going forward:
https://twitter.com/Jesta187/status/1184687423487270913

Binance continues to iterate and develop at breakneck speed:
https://twitter.com/binance/status/1184671792780066818


Articles

Libra…cough…buy Bitcoin:
https://www.theblockcrypto.com/post/42979/ebay-and-stripe-drop-out-of-facebooks-libra

Telegram…cough…buy Bitcoin:
https://btcmanager.com/sec-telegram-gram-cryptocurrency/?q=/sec-telegram-gram-cryptocurrency/&q=/sec-telegram-gram-cryptocurrency/

Big BTC projects continue to attract investment:
https://fortune.com/2019/10/15/what-is-bitcoin-mining-layer1-peter-thiel-crypto-investment/

The humble Satoshi explained (recommended):
https://thenextweb.com/hardforkbasics/2019/10/16/understanding-bitcoins-smallest-unit-the-satoshi/

EOS governance proposal by Dan Larimer (recommended):
https://medium.com/@bytemaster/blockchain-governance-proposal-470478e42686

EOS New York on governance and incentives (recommended):
https://medium.com/eos-new-york/uniting-stake-holder-incentives-to-maximize-decentralization-performance-530af1560401


Podcasts

A brief explanation of the key principles of Libertarianism:

https://podcasts.apple.com/au/podcast/two-minute-crypto-key-concepts-11-what-is-libertarianism/id1441492450?i=1000452829550


A succinct rejection of Ripple’s claims of separation between it and XRP / Timestamp – 27.54 (highly recommended):

https://podcasts.apple.com/au/podcast/weekly-news-roundup-10-11-deals-bitwise-etf-ruling/id1480586463?i=1000453135310


YouTube

A wide-ranging and reasoned discussion of key crypto trends and issues between the Crypto Lark and Ivan on Tech:​


Light-hearted presentation aside, this is a useful round-up of recent positive metrics for BTC:


For when a newbie asks you to explain blockchain (recommended):


Colin decrypts the new EOS governance proposal – very thorough (highly recommended):


Colin on IRS tax ruling:


Infographics

The rate of growth of 1000 BTC addresses (purple line) now matches the early growth in Bitcoin’s network…:

https://twitter.com/woonomic/status/1182754062107852802/photo/1


EOS token values compared:

https://twitter.com/Douglas_Horn/status/1184615387243020290/photo/1


Website / Utility

If you are interested in tracking the make-up of BTC holdings:

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html


A whale of a week. Remember price is only one of many metrics with which to evaluate the cryptosphere. 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.

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

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