The Daily Dood - Monday, 3 - 19 - 18

in #bitcoin6 years ago

The Daily Dood for 3 - 19 -18

Today's bitcoin high was about $8717 USD on BitFinex


Todays bitcoin high was about $8,717 USD, staying just under $9K for the day. The bitcoin market cap for the day was just over $147,000,000,000 USD for the day.

bitfinex-btcusd-Mar-19-2018-24-57-49.png

Total market cap for all cryptocurrency combined was over $336,000,000,000 with bitcoin dominance at 43.76% and rising.

Steem and SteemDollar


Steem is currently priced at $2.24 USD and the SteemDollar is currently trading at $2.42USD.

steem.jpg

The Days Headlines

Coincheck Stops Support for 3 Privacy-Focused Cryptocurrencies: Monero, Dash and Zcash https://btcmanager.com/coincheck-stops-support-for-3-privacy-focused-cryptocurrencies-monero-dash-and-zcash/

Lightning on Stellar: Technical Spec and Roadmap http://cryptocentral.info/topic/2559/lightning-on-stellar-technical-spec-and-roadmap

Mastercard “Very Happy” to Support [State] Cryptocurrencies, Just Not Anonymous “Junk” https://www.ccn.com/mastercard-very-happy-to-support-state-cryptocurrencies-just-not-anonymous-junk/

IBM Reveals Blockchain Computer ‘Smaller Than Grain Of Salt’ To Track Objects, Devices https://cointelegraph.com/news/ibm-reveals-blockchain-computer-smaller-than-grain-of-salt-to-track-objects-devices

Toward Dystopia? China’s Social Credit System, Crypto, and What’s Next https://bitsonline.com/china-social-credit-crypto/

Cheddar TV Announces New Weekly Cryptocurrency-Themed Show https://themerkle.com/cheddar-tv-announces-new-weekly-cryptocurrency-themed-show/

Why Google, Twitter & Facebook are banning ads.
https://www.coinspeaker.com/2018/03/19/google-facebook-twitter-banning-cryptocurrency-related-advertisements/

The IRS Isn’t Making it Easy for Cryptocurrency Investors http://bitcoinist.com/irs-isnt-making-easy-cryptocurrency-investors/

The Top Five Things Bitcoin Opponents Just Don’t Get https://www.coinbureau.com/analysis/top-five-things-bitcoin-opponents-just-dont-get/

Belacoin Review: Earning Crypto by Sharing Pictures on Belacam https://www.coinbureau.com/review/belacoin-earning-crypto-sharing-pictures-belacam/

What Is Storj Cryptocurrency? https://themerkle.com/what-is-storj-cryptocurrency/

Trump Signs Executive Order Banning Venezuela’s Petro Cryptocurrency https://news.bitcoin.com/trump-signs-executive-order-banning-venezuelas-petro-cryptocurrency/

Good News for Cryptocurrencies Ahead of G20 Summit https://btcmanager.com/good-news-for-cryptocurrencies-ahead-of-g20-summit/

China Provides Worrying Insight into the Potential Future of National “Cryptocurrencies” https://btcmanager.com/china-provides-worrying-insight-into-the-potential-future-of-national-cryptocurrencies/

Coin Of The Year 2018's Ripple [XRP] could be a strong candidate https://ethereumworldnews.com/coin-of-the-year-2018-ripple-xrp-could-be-a-strong-candidate/

How Nano and Telegram are Championing Ongoing Development http://bitcoinist.com/nano-telegram-championing-ongoing-development/

No More Cooked Blocks - Mainstream Auditors Enter the Fray https://cointelegraph.com/news/no-more-cooked-blocks-mainstream-auditors-enter-the-fray

Cryptocurrency Defined as a New Asset Class in the US State of Wyoming https://btcmanager.com/cryptocurrency-defined-as-a-new-asset-class-in-the-us-state-of-wyoming/

Cardano [ADA] Surges Upwards as Positive News Create Optimistic Trading Ground https://ethereumworldnews.com/cardano-ada-surges-upwards-as-positive-news-create-optimistic-trading-ground/

Complete Komodo Platform Review: Everything you Need to Know https://www.coinbureau.com/review/komodo-platform/

Dood Talk: OpEd


How Will We Allow This Technology To Be Used

Coincheck stops support of anonymous cryptocurrencies. The Dood really hopes this isn't a new trend to hit the cyptosphere. We all knew sooner or later the day would come when anonymous coins would come under attack. In this day and age privacy is suspect, and anyone that implements privacy protocols remain suspect as well.

Mastercard also states they would be more than happy to accept "State" backed cryptocurrencies, but not today's anonymous junk. In other words, we like cryptocurrencies, just not the ones we can't control.

Cryptocurrency is a tool to take the power of money away from the banks and government. This puts the power of money back in the hands of the people.

In an age when "identity theft" is at an all time high, cryptocurrency is also the perfect solution to safeguard our private information.

This technology can be used for good or bad. This technology can track our every movement or give us the security of anonymity. Freedom or oppression, now is the time to decide. Future generations will have to live with the decisions we make today. Now is the time to decide how we allow this technology to be used. We can demand freedom, or in the name of safety, give up security and anonymity for a false boogey man.

Thomas Jefferson was once quoted saying, "Malo periculosam, libertatem quam quietam servitutem." I prefer the tumult of liberty to the quiet of servitude.

That's all The Dood has to say about that.

(Feel free to comment your thoughts on this topic below. Would love to hear the communities thoughts on this issue. Will anonymous coins become the enemy? Should we give up privacy in the name of safety?)

Technical & Fundamental Analysis

Stellar Lumens [XLM], Cardano [ADA] runway cleared – Sentiment Analysis – March 19 - https://ambcrypto.com/stellar-lumens-xlm-cardano-ada-runway-cleared-sentiment-analysis-march-19/

Bitcoin Price Watch: Another Jump Despite Clashing Factors https://themerkle.com/bitcoin-price-watch-another-jump-despite-clashing-factors/

BCH Markets & Infrastructure Roundup: Optimism in the Air https://news.bitcoin.com/bch-markets-infrastructure-roundup-optimism-in-the-air/

NEO, EOS, LTC, IOTA, Lumens: Technical Analysis March 20, 2018 https://www.newsbtc.com/2018/03/19/neo-eos-ltc-iota-lumens-technical-analysis-2/

Youtube, Podcasts, & Other Media

Tweet Of The Day

Massive FUD campaign against FB. Funny that it’s all true. People want privacy. With Facebook YOU are the product they SELL

& ฿ITLORD Crypto_Bitlord March 19, 2018

STEEMIT

The Mad Tour: Europe 2017 - Episode 25 - Goodbye Amsterdam — Via @madbitcoins Steemit https://steemit.com/europe/@madbitcoins/the-mad-tour-europe-2017-episode-25-goodbye-amsterdam

#STEEMGIGS: I will Design Professional Logo For Your Brand. — Via @abdulmanan Steemit https://steemit.com/steemgigs/@abdulmanan/design-professional-logo-for-your-brand

How long to HODL coins — Via @linuxmom Steemit https://steemit.com/dmania/@linuxmom/how-long-to-hodl-coins-zg1hbmlh-piknc

PSA

Wallet Removal on March 30, 2018 https://support.bittrex.com/hc/en-us/articles/360001609031-Wallet-Removal-on-March-30-2018

Links

New links added weekly to the website.
https://bitcoindood.com/coin_directory/cryptocurrency-links.php

Proof of Burn Explained – A Sustainable Consensus Algorithm https://www.coinbureau.com/education/proof-burn-explained/



The End

The Daily Dood is a review of my daily Twitter feed and some of the interesting articles I find here on Steemit. If you're on Twitter hope you decide to join me here:

https://twitter.com/BitcoinDood

That's it for todays edition of The Daily Dood. If you found the information in this post useful I hope you decide to follow for the daily headlines and events happening in the altcoin & cryptocurrency space. Nothing here is meant as investment or financial advice. Please seek a duly licensed professional for investment advice, not some guy on the internets who refers to himself as The Dood. Thanks for reading and happy trading!

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Bitcoins price action is looking pretty good now, glad that it bounced of 7300, the log support line! Followed you since I just did a BTC update as well!

Just read your analysis and really enjoyed it. Thanks for the follow, I just followed you back. Looking forward to reading your future posts :)

For future viewers: price of bitcoin at the moment of posting is 8566.50USD

Crypto_Bitlord ฿ITLORD tweeted @ 19 Mar 2018 - 17:06 UTC

Massive FUD campaign against FB. Funny that it’s all true. People want privacy. With Facebook YOU are the product they SELL

Disclaimer: I am just a bot trying to be helpful.

Thank God Steem and Sbd Crossed the 2$ mark after such a disaster dip.

I think altcoin market confidence rose a bit with the slight increase in bitcoin price.

yes, you are right, I'm hoping it to rise more.

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