Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
The quite anticipated exchange server update of bitfinex started couple of hours ago and we here at Hashed Plutus only do 100% money making trades. We recommend you don't get into any position right now. They can get us rekt in both the ways. Low volume manipulation…
The count down is here. 4 minutes to get this Ponzi pumping. Let's do a trade.
Invest 1% of your bag on a long at any leverage below 50x.
I'm expecting some volume to make the moves we have waited anxiously for.
Edit: Here is the tweet.
Our data migration is nearing a successful completion and the Bitfinex platform will be returning in view-only mode within the next 5 minutes, before trading opens at 17:15 UTC. Thank ...
https://twitter.com/bitfinex/status/1082322313008304128
- Bitfinex_Twitter
Position : Long
Time frame : Quickie
Leverage : 10x-50x
Risk : very high
Amount : 1% only
Invest 1% of your bag on a long at any leverage below 50x.
I'm expecting some volume to make the moves we have waited anxiously for.
Edit: Here is the tweet.
Our data migration is nearing a successful completion and the Bitfinex platform will be returning in view-only mode within the next 5 minutes, before trading opens at 17:15 UTC. Thank ...
https://twitter.com/bitfinex/status/1082322313008304128
- Bitfinex_Twitter
Position : Long
Time frame : Quickie
Leverage : 10x-50x
Risk : very high
Amount : 1% only
Twitter
Our data migration is nearing a successful completion and the Bitfinex platform will be returning in view-only mode within the next 5 minutes, before trading opens at 17:15 UTC. Thank you for your patience.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
The count down is here. 4 minutes to get this Ponzi pumping. Let's do a trade. Invest 1% of your bag on a long at any leverage below 50x. I'm expecting some volume to make the moves we have waited anxiously for. Edit: Here is the tweet. Our data migration…
No moves up. Close it. We expected a higher volatility but wow. That was a stable one. We just played along in like a $50 range
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Potato's Portfolio First day of the year and I have decided to show you some diversified portfolios that you can consider imitating. Bitcoin - 25% Experts will argue on this one because most reccommeded having at least one-third of the portfolio in BTC…
Tell me something that isn't doing well from our portfolio?
Let's look it up,
Bitcoin has been quite stable and in a tight range.
Ethereum has gained over 30% recently with the Forking coming up.
Dollar is your back up so don't get too ambitious
Binance Coin has made waves and as mentioned in the report we will have a longer term goal here
Waves has be one of those coins that have stayed strong even in bear and is still green.
Tron has been shilled way too much and it's put some great show up on charts.
Polymath - 2019 is the year of STOs. Does that need more explanation?
Wanchain is running as per roadmap(which surprisingly is what everyone should be doing but well) and has stayed slow in green but well it's green.
Ripple has bee the best newsmaker this year and shown amazing life. And that inturn gave us the necessary push.
Stellar has regained its 6th position. I'll let you guys figure that pump out.
And as a whole it's the best start for 2019.
Absolutely Mashed Baby!
Let's look it up,
Bitcoin has been quite stable and in a tight range.
Ethereum has gained over 30% recently with the Forking coming up.
Dollar is your back up so don't get too ambitious
Binance Coin has made waves and as mentioned in the report we will have a longer term goal here
Waves has be one of those coins that have stayed strong even in bear and is still green.
Tron has been shilled way too much and it's put some great show up on charts.
Polymath - 2019 is the year of STOs. Does that need more explanation?
Wanchain is running as per roadmap(which surprisingly is what everyone should be doing but well) and has stayed slow in green but well it's green.
Ripple has bee the best newsmaker this year and shown amazing life. And that inturn gave us the necessary push.
Stellar has regained its 6th position. I'll let you guys figure that pump out.
And as a whole it's the best start for 2019.
Absolutely Mashed Baby!
Ethereum Classic Aftermath
You'll were quite safe as we here @hashedplutus say that report on time and laid it out for the public to react. But the most amazing part of all the drama was that even though Ethereum Classic faced a double spending attack, the price has barely moved.
At the time of writing it trades at around $5 and didn't see any hard crash. This means the market is maturing.
You'll were quite safe as we here @hashedplutus say that report on time and laid it out for the public to react. But the most amazing part of all the drama was that even though Ethereum Classic faced a double spending attack, the price has barely moved.
At the time of writing it trades at around $5 and didn't see any hard crash. This means the market is maturing.
What Is Double-Spending?
Double-spending is a potential flaw in a digital cash scheme in which the same single digital token can be spent more than once.
The prevention of double-spending has taken two general forms: centralized and decentralized.
Centralized is usually implemented using an on-line central trusted third party that can verify whether a token has been spent.
Decentralized was implemented in Bitcoin. It uses a cryptographic protocol called a proof-of-work system to avoid the need for a trusted third party to validate transactions. Instead, transactions are recorded in a public ledger called a blockchain:
“We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work,” wrote Satoshi Nakamoto in Bitcoin’s white paper.
It is, however, possible to double-spend in the Bitcoin network provided one conducts a 51% attack, a race attack, a brute force attack, or a Finney attack. We will cover those in our next posts.
Double-spending is a potential flaw in a digital cash scheme in which the same single digital token can be spent more than once.
The prevention of double-spending has taken two general forms: centralized and decentralized.
Centralized is usually implemented using an on-line central trusted third party that can verify whether a token has been spent.
Decentralized was implemented in Bitcoin. It uses a cryptographic protocol called a proof-of-work system to avoid the need for a trusted third party to validate transactions. Instead, transactions are recorded in a public ledger called a blockchain:
“We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work,” wrote Satoshi Nakamoto in Bitcoin’s white paper.
It is, however, possible to double-spend in the Bitcoin network provided one conducts a 51% attack, a race attack, a brute force attack, or a Finney attack. We will cover those in our next posts.
What Is a 51% Attack?
A 51% attack takes place when the attacking side, sometimes a comparatively small number of miners, has a "controlling stake" of hashes, that is, computing capacity. As a result of the attack, the miners gain control over the entire network and can create blocks at their discretion.
If the miner or the pool of miners controls more than half of the hash rate, then they have the ability to fully control the network as they can add new blocks, manipulate two-way operations, and refuse to confirm new transactions. Also, a 51% attack can lead to the fact that unscrupulous miners can use the same coin several times by canceling transactions made with it, which is called double-spending. At the same time, the attacking side cannot change information in already added blocks or generate new cryptocurrencies.
A 51% attack takes place when the attacking side, sometimes a comparatively small number of miners, has a "controlling stake" of hashes, that is, computing capacity. As a result of the attack, the miners gain control over the entire network and can create blocks at their discretion.
If the miner or the pool of miners controls more than half of the hash rate, then they have the ability to fully control the network as they can add new blocks, manipulate two-way operations, and refuse to confirm new transactions. Also, a 51% attack can lead to the fact that unscrupulous miners can use the same coin several times by canceling transactions made with it, which is called double-spending. At the same time, the attacking side cannot change information in already added blocks or generate new cryptocurrencies.
How Much Does It Cost to Conduct a 51% Attack?
A successful attack on the Ethereum Classic blockchain would cost as little as $1.5 million. $55 million would be enough to “bankrupt” the whole network, leaving an intruder with $1 billion in profit.
The cost of a 51% attack on the Bitcoin Cash network would be 250 BTC per day. The same attack on Bitcoin Gold would cost only 26 BTC. The attack may persist up until the developers release a fix or the price declines to the level at which carrying out the attack is no longer efficient.
These are the findings of Husam Abboud, a researcher at the Brazilian university FECAP. He developed an alternative model for calculating the cost of a 51% attack called Rindex v2.0. Mr. Abboud doesn’t pay attention to the expenses related to the acquisition of mining equipment and electricity consumption since an attacker can instead simply rent hashing power. For example, if an ETH miner with 2.5% of Nethash switches to mine ETC, they will then have 51% of ETC Nethash. The one-day cost of a 51% attack on ETC would equal ETH mining profit per day, or 525 ETH.
A successful attack on the Ethereum Classic blockchain would cost as little as $1.5 million. $55 million would be enough to “bankrupt” the whole network, leaving an intruder with $1 billion in profit.
The cost of a 51% attack on the Bitcoin Cash network would be 250 BTC per day. The same attack on Bitcoin Gold would cost only 26 BTC. The attack may persist up until the developers release a fix or the price declines to the level at which carrying out the attack is no longer efficient.
These are the findings of Husam Abboud, a researcher at the Brazilian university FECAP. He developed an alternative model for calculating the cost of a 51% attack called Rindex v2.0. Mr. Abboud doesn’t pay attention to the expenses related to the acquisition of mining equipment and electricity consumption since an attacker can instead simply rent hashing power. For example, if an ETH miner with 2.5% of Nethash switches to mine ETC, they will then have 51% of ETC Nethash. The one-day cost of a 51% attack on ETC would equal ETH mining profit per day, or 525 ETH.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Chinese Ethereum Dead?
13 fucking percent. In a week. That is something that your bank would probably give you in two years. And I know you guys are probably like Potato doesn't make calls often. But look at it this way. What would you prefer?
20 calls a week and 8 succeeded 12 fail or 10 calls a week and all do perfectly well.
Don't be the amateur.
20 calls a week and 8 succeeded 12 fail or 10 calls a week and all do perfectly well.
Don't be the amateur.
Tron Update
As I type this out the BitTorrent Token telegram group is up and running. We all know the power of Justin Sun's shill.
When you look at the shift in DApps it's terrifying. Tron and Eos have constantly given Vitalik a hard time.
There is are strong Fundamentals backing TRX right now and it might form a huge cup and handle if we could see on the bigger frame. I recommend following the chart setup.
As I type this out the BitTorrent Token telegram group is up and running. We all know the power of Justin Sun's shill.
When you look at the shift in DApps it's terrifying. Tron and Eos have constantly given Vitalik a hard time.
There is are strong Fundamentals backing TRX right now and it might form a huge cup and handle if we could see on the bigger frame. I recommend following the chart setup.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Tron Update As I type this out the BitTorrent Token telegram group is up and running. We all know the power of Justin Sun's shill. When you look at the shift in DApps it's terrifying. Tron and Eos have constantly given Vitalik a hard time. There is are strong…
You see? We are already performing. That's like 45 minutes down the line.