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Bitcoin and cryptocurrency round-up 27 July 2018

Posted: 27 July 2018 7:21 pm
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What's happening in crypto?

Everyday data marketplaces, politics on the blockchain, Bitmain's fishy promises, Scarlett Cloud, XRP weekly price analysis.

1. Data... on the blockchain

Believe it or not.

But really, data of all kinds on the blockchain. Monetised and applied.

2. Dissatisfaction guaranteed

Just to be clear, absolutely no one whatsoever is saying early libertarian cryptocurrency speculators brought an oversimplified take on complex economic principles, that caps out at "deflation = good," to their cryptocurrency preferences. No one is even suggesting that.

It's probably just a coincidence.

3. If you can't trust Bitmain who can you trust?

If you don't trust Bitmain then you don't trust its fishy transparency report. And if you do trust Bitmain then you don't need it.

But if you really don't trust Bitmain it's probably a moot point anyway with all its hashpower, right?

4. Pitch: It's like Twitch meets Netflix on the blockchain

Microsoft executives: "Sold. Give the project a cool name, then strategically misspell it for an edgier vibe."

Disembodied lips whisper: Scarlett Cloud

XRP price analysis: Rollercoaster excerpt edition

That small segment where the cart kind of tops the hill and goes around a corner on the flat.

Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VET, XLM, BTC, ADA

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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