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