Crypto Selloff, Why? Riccardo Spagni to Launch Monero Smart Contracts (Tari)

in #cryptocurrency7 years ago


Generally, when there's gruesome blood in the streets of a market, a seasoned investor will begin to look for logical entry points. Given the current fundamentals and technicals alike, the crypto market is looking pretty ripe for the picking.

Be fearful when others are greedy and greedy when others are fearful. It's never easy to catch a falling knife, but with probability analysis, we can hopefully increase our chances.

The "Cryptosweep", or so it has been dubbed, is a government effort to curb ICO scams. This has good and bad sides, I believe the bad side knee jerk reaction of the market could reverse.

India tries to flex it's muscles by instituting a goods and services tax to crypto exchange traders. I believe this is a mistake and eventually impossible to centralize. The regulatory clarity could also be a bullish catalyst.

Riccardo Spagni, a noted crypto community enthusiast, will be launching Tari with a team of talented developers. The Tari tech will be a smart contract functionality layer on top of Monero, the leading anonymous cryptocurrency.

Happy Investing C# HODLCREW

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Hi dear connor kenny better know as @investing. i just saw your video on Youtube .
we are learning new terms every single day " inverse head and shoulders".
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I like the write on your t shirt "fuck shit up" btw congrats on your 2073 followers.
Best regards \o/

You should follow @icowatchdog. ICO Watchdog is your comprehensive solution to following the cryptocurrency market. Follow the market with 100% Free and Real-time cryptocurrency alerts for all your favorite messaging applications today. Follow @icowatchdog Steemit account for news updates and token sales/air drops.

Tari is a great initiative. Read that, Tari will be designed to help compensate original “owners,” like artists, sports teams, event promoters, and other parties.

You should follow @icowatchdog. ICO Watchdog is your comprehensive solution to following the cryptocurrency market. Follow the market with 100% Free and Real-time cryptocurrency alerts for all your favorite messaging applications today. Follow @icowatchdog Steemit account for news updates and token sales/air drops.

I do smell a blood as well. We just have to turn it into advantage. Take it as a discounted sale price. Buffet is right about fear and greed, that doesn’t mean he is right about bitcoin. I’m very familiar with H&S in both trends. It tends to be very quick after breakout. Right now we are forming right shoulder. I was actually waiting for some kind of flash crash to get rid of most weak hands finally. It’s still taking and wait time. You already spoke about this 330 area for some time and I agree with you. EOS at $11.40 is pretty good price. I should consider to get some today as well just to lower my average buy price. US and Canadian securities regulatory news may scare people of crypto temporarily, permanently it should be taken as a good news to protect investors from scams as you said. India 🇮🇳 has similar tax policy as US where crypto is treated as a property as well. ETH killer TARI? Whether it is threat or not, that’s why I’m diversified as well by holding EOS and ETH.
Oh, I forgot to comment on you YouTube video yesterday... 😊
Anyway, congratulation to Carlos Papa!

You should follow @icowatchdog. ICO Watchdog is your comprehensive solution to following the cryptocurrency market. Follow the market with 100% Free and Real-time cryptocurrency alerts for all your favorite messaging applications today. Follow @icowatchdog Steemit account for news updates and token sales/air drops.

Yes you are right 65 percent chance that at 330 market will see a rise. but no one know, just #holding holding and holding.

Be fearful when others are greedy and greedy when others are fearful. It's never easy to catch a falling knife, but with probability analysis, we can hopefully increase our chances.

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I will subscibed your youtube channel and will comment there 😍

gst on crypto exchange traders
that is useless and foolish

India tries to flex it's muscles by instituting a goods and services tax to crypto exchange traders. I believe this is a mistake and eventually impossible to centralize.
I too believe its a mistake. In our. Country India crypto has been banned according to some sources and some say there is a case running in supreme Court regarding it. I haven't heard about the taxes yet.
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Comment submitted and I have subscribed

Decentralization is the Heart of these cryptocurrencies, and any attempt to centralize will naturally and gradually sweep users to decentralization's benefits.

Hello investor
Ricardo has made a good decision, the Tari tech smart contract will be scalable with the Monero

Awesome Video! this is good in cryptocurrency launching, hopefully get good result in this, not bad ideas
I already subscribed your youtube channel

Thanks for the update, i hope the market recovers in the next weeks.
Happy investing

really you showing very best idea of cryptocurrency..its really very important for every steemians.everyday i improved my work for your best method of cryptocurrency..you always doing best work for all steemians..because your great information all steemians helped doing their work doing perfectly and very quickly success in the future.i follow your instruction.very well done..my desr friend.. @investing you explain this tropic very easily and properly..thank you for your great anylysis video..

Pretty Good advice!!

Be fearful when others are greedy and greedy when others are fearful. It's never easy to catch a falling knife, but with probability analysis, we can hopefully increase our chances.

Thank you for the video with great explanation.

"If you have a decentralized distributed trustless system that supports non-fungible tokens that enforces the rule sets around digital assets, that changes the game because now you have an opportunity for consumers to trade those digital assets."

Tari's goal is to "support any kind of digital assets." For example, one use case for the protocol would be to allow digital asset issuers to participate in the secondary market - meaning resales in particular.

Your advice most important to stay crypto world with safe @investing.

The "Cryptosweep", or so it has been dubbed, is a government effort to curb ICO scams. This has good and bad sides, I believe the bad side knee jerk reaction of the market could reverse.

Yep I think also like your thoughts. ***Riccardo Spagni**** get massive decision to launch Tari tech. I'll check it more. Thanks @investing.

I saw your video. and it was full of information.

Captureinvesting.GIF

The "Cryptosweep", or so it has been dubbed, is a government effort to curb ICO scams. This has good and bad sides, I believe the bad side knee jerk reaction of the market could reverse.

India banned cryptocurrency and there is a case running in Supreme Court regarding it.
But I hope crypto banned announce in India will revoke soon.

Thank you @investing for you informational video.

Dear #crypto,

When will you start decoupling mkt performance around real digital assets from the attention-renting, pocket-picking projects? Why does every aggressive token selloff cluster, correlate and clean out your #BTC & #ETH?

Don't get choked in the give-away okie-doke.

cryttto.jpg

Agree, I am wondering when the correlation of all things crypto will end. Or will it ever end. Im not sure. I would like to think that coins and tokens that have good use and fundamentals, low transfer fess etc. Stand alone and decouple from the overall BTC performance and vice versa.

I have never You tube acc now @investing. Hope to be join them and then follow. Nice Dtube video introduction @investing. I guess Tari will help to remove scam in this platform.

i just watched your video
its so great for all viewers ,,that your informations of cryptocurrency
so fentastic crypto graph analysis,,,,its help us to get a large thing in recent future ,,thanks for your video ,,

thanks for sharing such an important details regarding cryptocurrency sir its my first time being on your post and i really like the content and you got a new follower @investing

Really cut earn money you really are you lucky but i.am really say to but my post not a upvote but why

The Tari group noticed that there is no "center group" for Monero. Jain noted, "We don't need single purposes of disappointment. We are fellow benefactors and donors. Be that as it may, by all account not the only donors. There are bunches of shrewd individuals inside and outside the association. We need much more outer patrons than inward donors. Truth be told, we need hundreds if not a large number of benefactors after some time."

Tari team are doing a great service in creating software that is optimized specifically for asset-based tokens, and projects like Tari will be absolutely critical in the decentralization of securities and other digitally-compatible assets.


Tari , a new open-source blockchain protocol, aims to redefine the digital asset experience. Backed by institutional investors including Redpoint, Trinity Ventures, Canaan Partners, Pantera and Multicoin Capital, its founders Riccardo "fluffypony" Spagni, lead maintainer of the Monero cryptocurrency; Naveen Jain, a serial entertainment industry entrepreneur; and Dan Teree, co-founder of Ticketfly, hope to simplify the management, trade, programmability and use of all digital assets.

the Bitcoin selloff (from 9.9K to 8.2K on Coinbase) of the past week could be related to Monday's Consensus summit. Why not try to create lower buy back points before new investors hit the market?

Good thing is the upper bound of my lower trendline channel held up.

Be fearful when others are greedy and greedy when others are fearful. It's never easy to catch a falling knife, but with probability analysis, we can hopefully increase our chances.

This caught my attention, Thanks for this update and informative post of yours o ready find if valuable. I don't know understand how on earth the India government were able to place tax on crypto currency exchange.

The Tari tech will be a smart contract functionality layer on top of Monero, the leading anonymous cryptocurrency.

This one sounds as a relief to what I first heard, no matter what, we are moving forward, steemit is developing and crypto currency is moving forward. I will find time to watch to video. I believe it will be detailed just like the piece you shared on here. Continue with the good work of yours

The Govt initiative is a great way to stop the scams.

India has applied the taxes but Pakistan has banned all kind of crypto trading.
Liked and commented on YouTube video!

Riccardo Spagni taken tremendous decision. Launching Tari tech definitely useful for leave from scams around the world.
I'll adding very soon.

India banned crypto currency then how they can put tax on it?

Fluffypony portrays in his Reddit section that Tari himself is worked with an indistinguishable standards from Monero . At the end of the day, there will be no ICOs and the venture ought to be as decentralized as could reasonably be expected (despite the fact that the underlying stage is relied upon to be generally brought together). Fluffypony himself needs to commit himself to Tari and has effectively given a large number of his capacities to different donors from the Monero venture. The CEO of Web Wallet MyMonero offered Spagni to Paul Shapiro, the CEO position in GloBee gave Spagni to Felix Honigwachs. Indeed, even his part as Lead Maintainer of the Monero CLI repo needs Ricardo to leave in the long haul.

Nobody leaves crypto just wish I had some fiat left at this moment but don't worry that would have gone to zero eventually anyway unlike crypto

u r really good guy, & thnkzz for ur post..👌👌

This post has received a 18.75 % upvote from @boomerang.

Congratulation investing! Your post has appeared on the hot page after 36min with 68 votes.
Thanks to @souldelas.

Cryptocurrency like blood pressure in the body. Only a little bit can control and the most important is experience and courage. Joining your channel has burned the passion and the latest knowledge about cryptocurrency. Thank You much

Warm regards

I think this latest down turn is a great opportunity to buy at low prices.

I just suscribed to your youtube channel, I want to learn about crypocurrencies because actually I don't know almost nothing about it and don't want to be left behind (I hope it's not to late hahaha)

You got a 13.05% upvote from @upmewhale courtesy of @investing!

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Tnx for sharing I learned a lot from your YouTube videos to keep up

Hey great video, New investor here, First day I put money in on Binance was the night Verge pumped to 1400+ , Made good on my first trade as I fomo'd in and bought around 750, almost doubled my money . Thought I had a clue what I was doing but it was bad luck, Now I'm wishing I would of waited a few weeks until now. Lots of them are looking good right now

Very good information friend, every investment must have the courage to speculate and at the end there are two words that always missed the profit or loss

In India it's banned I thought but not confirmed yet
Cryptocurrency is future and some countries are not aware about it

cryptocurriencies are the future, thank goodness we are part of this..

Wall Street Analyst Believes Tax Season will Cause Crypto Selloff Wall Street analyst Thomas Lee believes that tax season will cause a massive crypto selloff, as reported by CNBC. Why? Because U.S

the market is in worse phase ever time to Hodl tight

Inwestowanie w kryptowaluty staje się ,odważnie użyje słowa "modne", spróbuje tego.