Neocash Radio

Welcome to the wonderful world of cryptocurrency trading and HODLing! Before you amass your fortune which will then go to the moon there are a few things you should know:

First, don’t day trade crypto! You will probably lose money.

Second, don’t leave your crypto on the exchanges.

Third, do use 2 factor authentication if available.

Fourth, create a unique password for each exchange. And backup your wallets!

Fifth, You ought to be aware of the laws and regulations in your local jurisdiction even if you have no plans in adhering to them.

Sixth, diversify and hedge.

Seventh, buy low, sell high means buy when the coin is at a low or down, sell when it is up especially if it is a new all-time-high.

Eighth, Seriously, if you don’t know what you ought to buy, don’t buy crypto.

Ninth, there is a lot of volatility. HODLing is not always the best answer.

Tenth, You don’t know what is going to happen, no one does.

Now that we’ve covered those points you are ready to head out into the world of crypto trading. Best of luck navigating the chaotic, irrational, and nonsensical waters of cutting-edge fintech.

Intro music: Battle Boss by BoxCat Games
Outro music: Bacterial Love by Rolemusic

Bitcoin Ethereum Ripple Bitcoin Cash Litecoin Cardano Stellar NEO EOS IOTA Dash NEM Monero Ethereum Classic Lisk TRON Qtum VeChain Tether Bitcoin Gold ICON Zcash OmiseGO Nano Steem Binance Coin Bytecoin Populous Stratis Verge Siacoin Status RChain Dogecoin U.CASH BitShares Maker Waves Aeternity Revain Waltonchain Augur Veritaseum Hshare 0x ZClassic Decred KuCoin Shares Ardor DigixDAO Electroneum Komodo Ark Byteball Bytes Dragonchain Gas DigiByte BAT Loopring Bytom Kyber Network Zilliqa Dentacoin Golem PIVX Syscoin QASH Cryptonex Nebulas aelf Ethos Bitcore Pillar GXShares Power Ledger IOStoken Factom Dent MonaCoin Aion Cindicator Polymath FunFair ZCoin SALT Enigma ReddCoin Kin Nxt Bancor Particl TenX MaidSafeCoin ChainLink SmartCash
Request Network Quantstamp Ignis Emercoin

For more great content visit: http://NeocashRadio.com

Direct download: Crypto-Trading-Warning-Label.mp3
Category:podcast -- posted at: 12:31pm EDT

Pedro, Darren, and JJ have some news about the show and business side of NeoCash!

For more great content visit: http://NeocashRadio.com

Background music:
Night Owl by Broke For Free
http://freemusicarchive.org/music/Broke_For_Free/Directionless_EP/Broke_For_Free_-_Directionless_EP_-_01_Night_Owl


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Join Darren, JJ, and Pedro on the Neocash Radio cryptocurrency podcast EVERY WEDNESDAY NIGHT as they discuss the future of money today! Show topics include international news about digital currencies such as Bitcoin, Ethereum, and Dash, as well as traditional markets and fiat currencies. Monetary & economic policy, blockchain news, and technological innovations round out the discussion.

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Direct download: NeoCash_Development_Update.mp3
Category:podcast -- posted at: 11:34am EDT

Welcome to NeoCash NewsCast number 003 bringing you the latest cryptocurrency news from around the world wide web. Please be sure to click the subscribe button and be one of the first to receive cutting-edge news.

NeoCash Radio and the NeoCash Radio logo has been used to perpetuate a scam! There is a google doc, weak sauce, that purports to offer the sale of NCR or NeoCash Radio tokens. This google doc has no affiliation with NeoCash Radio and is a scam. Please do not send ether to this contract address.

There appear to be a bunch of transactions sent to the contract address. I would like to think that anyone who actually listens to the show would know this is a scam from the onset. We would have promoted it in our podcast at least once.

This highlights one potential issue with the current breed of investors/gamblers: they don’t do much research. If a bad actor was going to fleece the crypto newbies, now is a good time for it. Please be ever vigilant and research what you are sending crypto to. Also be sure to check out the destination address on etherscan or another prominent block explorer.

Furthermore, this token sale didn’t have a white paper, explain what the tokens will do, or even bother listing a single value proposition. It seems all it takes is some hashtags to garner a few thousand dollars in donations.

This past week news stories circulated that the Hong Kong Monetary Authority and the People’s Bank of China were going to issue a joint statement regarding a crack down on “all virtual currency services and activities of both individuals and business including market makers, mining operators, trading platforms and wallets”. The email came from the PBoC email servers but was a hoax perpetrated by hackers. The news had a negative effect on the crypto markets driving bitcoin prices downward. This is likely the intention of the hacker.

The email came from @pbc.gov.cn and media inquiries to the address were answered with the hacker even going so far as to send a media registration form for the joint statement event. This is quite sophisticated.

RaiBlocks, a block-lattice coin, has rebranded as Nano recently. As a new coin there are not many exchanges to trade it on. BitGrail is one exchange that opened up XRB pairings. Those pairings grew to as much as 85% of the platform’s total trading volume. At the end of January BitGrail announced they would be changing policies and denying service to anyone outside the European Union. They would also be implementing more thorough Know-Your-Customer requirements.

This sent a shockwave through the community and realized a 20% loss in value of the coin. Now news has come out that BitGrail has lost 17 Million XRB and is insolvent. From their website: “internal checks revealed unauthorized transactions which led to a 17 million Nano shortfall”. The issue has been submitted to the local police and is under investigation.

Once again, please do not leave your coins on an exchange. Store you crypto in a private wallet whose keys you control. You’re already gambling that the price will go up, why also gamble that the exchange has good security practices and no bad actors internally?

Bumper Music: The Pirate And The Dancer by Rolemusic: http://freemusicarchive.org/music/Rolemusic/The_Pirate_And_The_Dancer/04_rolemusic_-_the_pirate_and_the_dancer

Direct download: NeoCashNewCast003.mp3
Category:podcast -- posted at: 4:39pm EDT

The U.S. Senate Banking Committee heard testimony from the heads of the SEC and CTFC regarding cryptocurrencies. The Texas Securities Commission is the ghost busters of vaporware! European Banks may soon have the option to hold bitcoin. The Federal Reserve has a new Governor. Wells Fargo gets punished by Janet Yellen on her way out. China is stopping all exchange based crypto trading. Samsung is going to join the ASIC manufacturer market. Singapore will not ban cryptocurrencies. Greyscale Investments launches more crypto based Funds and Investments. Banks are changing how bitcoin purchases are made with credit cards given the market conditions. Ethereum dApps have to come up with better pseudo-random number generators. The Ethereum Foundation has a new Executive Director. U.S. Based crypto exchange Bittrex is adding U.S. Dollar deposit options to offer an alternative to USDTether.

Direct download: NeoCashRadioEp242.mp3
Category:podcast -- posted at: 9:15am EDT

Welcome to NeoCash NewsCast number 002 bringing you the latest cryptocurrency news from around the world wide web. Please be sure to click the subscribe button and be one of the first to receive cutting-edge news.

The crypto markets are continuing to decline as the bitcoin tether bubble is deflated. Also, In a related story I’m going to talk about Ardorgate. The top story is still the dramatic fall of cryptocurrency prices. Is it a bounce or what? Bitcoin SegWit prices dropped below the $8000 mark. But what is more interesting to see is the trading volume of USDTethers. $5 Billion in volume is more than twice the total supply. Are we seeing a digital game of hot potato?

U.S. Dollar Tethers fail to stand up to the rigors of scrutiny due to the fact that we must trust them. We must trust they have reserves in accordance with the tokens issued. A second issue is the connection to Bitfinex. A major exchange is the first to benefit from the printing of new tethers. If Bitfinex did nothing more than pawn off worthless tethers for Bitcoin SegWit they would have an amazing business model.

This same business model is prevalent in the crypto ecosystem with a new token sale or ICO starting every day. Many people are parting with Ether, a currency that has a rational value, for ICO tokens whose value is unknown at best or pure hype at worst. Why would they do that?

Maybe they are doing that because their currency went up in value by 5000% and they feel like gambling with a few coins. As anyone can witness the rise and fall of Bitcoin SegWit seems to echo across all blockchains. So to bring it back around:

Tethers were printed to buy Bitcoin, creating a positive pressure on the back of vapors, the rise in Bitcoin spread to other chains and tokens as traders sought to diversify and hedge. This continued with each new tether grant. The price rise caught the attention of many around the world and real capitalization occurred where new volumes of fiat moved into the crypto space. This trend led to new all-time-highs and created a feedback loop of trading. The song had to end at some time and now seems just about as good as any.

So how would you peg a fiat currency to a cryptocurrency? Ardorgate has a simple way of doing that but first let’s talk about Ardor.

Developed by Jelurida Ardor is a parent/child blockchain ecosystem. Child chains have an independent blockchain tailored to the specific environment or protocol. These child chains can choose to attach or bundle a reference block into the Ardor Parent chain. Once done the child chains can prune their blocks limiting the digital footprint without compromising on security. Ardor and all child chains are proof-of-stake blockchains based off the NXT platform.

Getting back to Ardorgate, the website allows users to deposit Euros and receive a digital token pegged to that Euro price. The token is called AEUR which is also the name of a child chain within the Ardor platform. The fiat money is handled by a bank service called mistertango and instructions show how to both deposit and withdrawal Euros. The instructions involve some copy and pasting so please be careful if you try it out.

This is how a pegged fiat to cryptocurrency ought to work. There is transparency for the number of tokens created and the amount of Euros on deposit.

Bumper Music: The Pirate And The Dancer by Rolemusic: http://freemusicarchive.org/music/Rolemusic/The_Pirate_And_The_Dancer/04_rolemusic_-_the_pirate_and_the_dancer

Direct download: Tether_Bitcoin_Ardorgate.mp3
Category:podcast -- posted at: 4:44pm EDT

The markets are down. The downward trend has continued as the markets have fallen across the board. Partly the blame is the fear uncertainty and doubt created when India’s Finance minister, Arun Jaitley, mentioned a Bitcoin crackdown in a speech. Emotional traders quick started a sell-off at the mere idea that an Indian ban would soon follow. In the speech the Indian minister commented how bitcoin was not legal tender and that the government would be pursuing individuals who used the digital currency for illicit activities.

Much of the downturn can still be attributed to the Bitfinex and Tether fiasco. News reports are finally putting the pieces together and asking if the price of Bitcoin SegWit has been propped up by tether printing. More and more people are waking up to the fact that USDTether has some serious issues. One bit of trouble comes from the fact that exchanges dominate the USDTether rich list and will be left holding the bag if they can’t get their tokens exchanged for U.S. Dollars.

Media outlets like the New York Times are begging the question: is the Price of Bitcoin SegWit propped up by tether printing. A new website called TetherReport.com has looked at market activity surrounding the issuance of tethers and concluded that:

Tether printing moves the market appreciably; 48.8% of BTC’s price rise in the period studied occurred in the two-hour periods following the arrival of 91 different Tether grants to the Bitfinex wallet.”

 

So what’s next?

It really is left in the hands of Bitfinex and Tether CEO Jan Ludovicus van der Velde. If Tether can come clean about the actual status of their backing bank accounts their may be some graceful exit possible. Given that the Tether website and twitter account has been silent since January 5th, it doesn’t seem likely.

Following the current trend I expect that all the markets will continue to fall as Bitcoin Segwit see prices drop to the $3-4,000 range and then perhaps even lower. While that is doom and gloom talk to some people it would bring the price of bitcoin back down to earth and more rational levels. The lightning network has been as anti-climatic as expected and there may be many more months of development needed before it is ready for primetime.

To clarify things for you. Bitcoin SegWit cannot simply be a store of value if the price does not keep rising. The price seems to have been manipulated higher by Tether and Bitfinex. The curtain is coming down and bringing with it the irrational value of Bitcoin Segwit, which may I remind you, is the slowest and most expensive cryptocurrency for sending money.

While this will cause some sadness in the overall marketplace, the sooner tethers are removed from the game, the better.


Bumper Music: The Pirate And The Dancer by Rolemusic: http://freemusicarchive.org/music/Rolemusic/The_Pirate_And_The_Dancer/04_rolemusic_-_the_pirate_and_the_dancer

Direct download: NeoCash_NewsCast_001.mp3
Category:podcast -- posted at: 4:39pm EDT

Bitfinex and Tether receive subpoenas from the U.S. Commodity Futures Trading Commission. Facebook's new ads policy forbids options and crypto trading hype. Blockchains, LLC buys up more than 67,000 acres in a Nevada industrial park. Japanese chat app LINE to open crypto exchange for 200 Million monthly users. OpenBazaar 2.1 integrates Bitcoin Cash and Zcash payment options. BitPay upgrades website plug-ins to help merchants accept Bitcoin Cash. Coincheck suffers a massive hack that sees more than $500 Million in tokens disappear. The SEC steps in on a Texas-based scam ICO. We are moving to video so please let us know how we can do better!

Bumper music by: Lamprey Song: Stuck up http://freemusicarchive.org/music/Lamprey/The_Greener_Grass/Stuck_Up

Tips Appreciated!

BTC Address: 1MmFwDeZPgxJ4GyzbfmZVLJv3aZcpxSfR5
ETH Address: 0xe4689EF88F239C6eed1Ff262876e2499495c1617
DASH Address: XtLEPo6DKeu45e2czdHLEb5EzJRVDz2aLZ
NXT Address: NXT-TT49-WV65-HZJA-5EJF9
BCH Address: 173ADKUvvRcSmb9tnKiYAMQAoB6RhsgQQd

 

Direct download: NeoCashRadioEp241.mp3
Category:podcast -- posted at: 6:24pm EDT

Stripe Ending Bitcoin Support

SOUTH KOREA ‘LEGALIZES’ CRYPTOCURRENCY TRADING, BANS ANONYMITY

NASDAQ CEO: OUR BITCOIN FUTURES WILL BE DIFFERENT

GDAX adds Euro / Bitcoin Cash trading pairs

Direct download: NeocashRadio_Ep240.mp3
Category:podcast -- posted at: 7:58pm EDT

Darren, JJ, and Pedro are together in this action packed episode. We discuss the latest downturn in crypto prices, trading philosophies, and more! Bitconnect was finally ended -- why did so many people not see the obvious scam? The U.S. Treasury and IRS wants a piece of your crypto gains. South Korean signers have petitioned the government to not over regulate crypto. SWIFT is working with a wide array of institutions about integrating distributed ledger technology.

 

http://neocashradio.com

Direct download: NeocashRadio_Ep239-3.mp3
Category:podcast -- posted at: 6:25pm EDT

Pedro and Darren do a show without JJ! Hash rates of Bitcoin SegWit and Bitcoin Cash. Kodak announces a blockchain solution to proof of creation for photographs. Jamie Dimon flips on crypto -- "the blockchain is real". TD Ameritrade bringing crypto to Millennials.

 

http://neocashradio.com

 

Tips appreciated!

BTC Address: 1MmFwDeZPgxJ4GyzbfmZVLJv3aZcpxSfR5

ETH Address: 0xe4689EF88F239C6eed1Ff262876e2499495c1617

DASH Address: XtLEPo6DKeu45e2czdHLEb5EzJRVDz2aLZ

NXT Address: NXT-TT49-WV65-HZJA-5EJF9

BCH Address: 173ADKUvvRcSmb9tnKiYAMQAoB6RhsgQQd

Direct download: NeocashRadio-Ep238.mp3
Category:podcast -- posted at: 6:59pm EDT