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cover of episode Dubai - Crypto & Coffee at 8 - 05th Oct

Dubai - Crypto & Coffee at 8 - 05th Oct

2021/10/25
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Blockchain DXB

Shownotes Transcript

05th Oct Shocktober! Bitcoin nears 50,000 as Facebook Instagram WhatsApp were down! Will a Distributed social media platform perform much better?

Bitcoin has had downtime in the past. Recently, Solana, had a downtime of over 17hours or are current systems work fine?

Edward Snowden mentioned via Twitter #bitcoin is up 10x since despite a coordinated global campaign by governments to undermine public understanding of & support for cryptocurrency. In a similar yet contrasting view Former President Donald Trump in an interview with Yahoo Finance said “I don’t want to have other currencies coming out and hurting or demeaning the dollar in any way.” The full interview can be found here https://bit.ly/3l7pCvJ & Virgin Galactic Chairman Chamath Palihapitiya in an interview with CNBC said Bitcoin has replaced Gold. Details here https://cnb.cx/3Bde5jV

How many bitcoins do u think the multi-billionaire, CEO of Social Capital LP has? Definitely more than #satoshi at this point?

Glassnode’s week on chain 4th Oct report states The Bitcoin price has rallied strongly out of a zone of heavy accumulation, seeing around $1.75B worth of capital inflows per day. Some useful stats on mining difficulty requiring around 80 sextillion hashes to solve a block full technical info here https://bit.ly/2ZQDu5b Anita Posch had a fantastic video with Adam Back from Blockstream on YouTube where she questions if the cost of security is much higher than required. It’s definitely worth a listen https://bit.ly/3B6HbS6 . With Iran having restarted the mining operations last month (22nd of September ) most likely the difficulty mining gets adjusted in the next 2016th block. NEWSBTC has published a technical analysis where Antpool Bitcoin Mining has been the top mining pool dedicating hashrate to the BTC network with 29.7 EH/s or 20.47% of the global hashrate. Antpool is followed by f2pool with 23.58 EH/s or 16.2% of BTC’s overall hashratehttps://bit.ly/3FlQgc6 Is the security too strong for Bitcoin & can the electricity usage be used in Bitcoin Blockchain elsewhere? Game theory does not seem to be beneficial in this case

OpenSea has its largest day of trading on the 3rd. Ethereum-based NFT project CrypToadz by GREMPLIN led the charge with over $19 million worth of volume in a single day. OpenSea recorded its highest single day of trading volume in nearly a month. More info can be found here https://bit.ly/3iA4Sej

The Joke is on you! A Tweet mocking how little value NFTs have turned into $5K NFT Cointelegraph posted article https://bit.ly/3mn8aml

Another crazy NFT via Mintable regarding fake news can be seen here https://bit.ly/3A5V01S Where #Fakenews will be created &fake news in Blockchain is Immutable!

UAE news

  1. Dubai based Exor exchange is launching a digital platform in Latin America (Check slides)
  2. Blockchain DXB podcast: Over 70 hours of live sessions in Crypto & Coffee at 8 (Check slides)

#blockchaindxb #btc #cryptocurrency #whatsapp #twitter #instagram

For sides click here https://www.linkedin.com/posts/r-a-george-19b102104_bitcoin-satoshi-fakenews-activity-6851070663151685632-Bq_K

Our website: www.blockchaindxb.com

email: [email protected]

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #cryptocurrencynews #pandorapapers #btc #blockchainnews #btc