CryptoTwitter Roundup 10/01/2019

EOS Gets A Slap On The Wrist...

Nic Carter: ‘My mind is blown by this block.one news. The SEC looked into all the gory details and decided to settle for 60 bips of the raise. WTF.’

nic carter @nic__carter

My mind is absolutely blown by this block one news. The SEC looked into all the gory details and decided to settle for 60 bips of what b1 raised. WTF

Jake Chervinsky shares screenshots of first the Crypto Rating Council claiming EOS had an absence of marketing, and then direct phrasing from the EOS whitepaper focusing on marketing.

Jake Chervinsky @jchervinsky

A story illustrating how effectively a "crypto rating agency" can predict whether the SEC will view an ICO token as a security, in two images.

Erik Voorhees: ‘Sad to see many in the crypto world upset that Block.One wasn't fined even more by the SEC. They had $24m taken from them. Some of y'all are more like Elizabeth Warren than Satoshi Nakamoto.’

Erik Voorhees @ErikVoorhees

Really sad to see so many in the crypto world upset that @block_one_ wasn't fined *even more* by the SEC. They had $24m taken from them. Some of y'all are more like Elizabeth Warren than Satoshi Nakamoto.

TheCryptoDog shares chart of $24M $EOS SEC fine vs. the original $4.1B raise.

The Crypto Dog📈 @TheCryptoDog

Visualization of the SEC's $24mil $EOS fine vs. their original $4.1bil raise:

Anthony Sassano shares an image of ‘The Crypto Ratings Council (2019, colorized)’ that is just the Council of Ricks from Rick & Morty.

Anthony Sassano @sassal0x

The Crypto Ratings Council (2019, colorized)

Roger Ver shares cringey video of paying for a meal with Bitcoin Cash.

Roger Ver @rogerkver

I just paid for lunch using #BitcoinCash at one of the hundreds, and soon thousands of physical stores in Slovenia now accepting #cryptocurrency thanks to @eligmacom

Kevin Owocki shares hypothetical mockup of EthereumOS.

owocki.gitcoin.eth @owocki

EthereumOS ™️ : now shipping w. a growing handful of *already in use today* dApps!

Jameson Lopp: ‘If you find yourself worrying about whether or not your favorite crypto asset might be classified as a security, you've already lost.’

Jameson Lopp @lopp

If you find yourself worrying about whether or not your favorite crypto asset might be classified as a security, you've already lost.

Cameron Winklevoss: ‘The immutability of the Bitcoin blockchain cannot be underestimated. If truth cannot be undone, then the present cannot be used to control the past, and the past to control the future.’

Cameron Winklevoss @winklevoss

The immutability of the Bitcoin blockchain cannot be underestimated. If truth cannot be undone, then the present cannot be used to control the past, and the past to control the future.

Erik Voorhees: ‘When I speak supportively of ETH, the BTC maximalists hate me.  When I speak supportively of EOS, the ETH and BTC maximalists hate me. Soon, when I speak supportively of Cosmos, I predict all three groups will find me quite distasteful.’

Erik Voorhees @ErikVoorhees

When I speak supportively of ETH, the BTC maximalists hate me. When I speak supportively of EOS, the ETH and BTC maximalists hate me. Soon, when I speak supportively of Cosmos, I predict all three groups will find me quite distasteful.

Devcon shares some beautiful designs and wallpapers created for the event.

𝚍𝚎𝚟𝚊 𝚝𝚑𝚎 𝚍𝚎𝐯𝚌𝚘𝚗 𝚞𝚗𝚒𝚌𝚘𝚛𝚗 @EFDevcon

We’re excited to share some of the beautiful designs and wallpapers created for #Devcon this year, because we know how much @ethereum users and fans love #ETH art. Enjoy, and feel free to iterate and create!

drive.google.comWallpapers - Google DriveDevcon5 wallpapers and art!

Ameen Soleimani apologizes to Glen Weyl after making borderline anti semitic remarks.

Ameen Soleimani 👹 @ameensol

This is my apology. First, I'd like to apologize to Glen Weyl. The way I brought up his Jewish pride was irrelevant to the conversation, imprecise, and unnecessary.

Ameen Soleimani 👹 @ameensol

2. I could have been nicer to Glen. I could have asked him to what extent the Jewish pride he demonstrates is rooted in Judaism or his Jewish heritage. It seems odd to accept, propagate, and indoctrinate your children into the religion simply because tradition demands it.

Ameen also shares some other reflections on religion.

Ameen Soleimani 👹 @ameensol

I'd like to share what I learned yesterday: 1. A new word - "Judaists" which refers *only* to Jews who believe in the Judaistic religion, and *not* secular Jewish people. I expect it to save me a great amount of grief in the future.

en.m.wiktionary.orgJudaist - WiktionaryJudaist (plural Judaists)

David Hoffman: ‘The only legitimate reason to be upset by Ameen is if you do not like abrasiveness. Ameen has produced more for Ethereum than 99% of all projects and teams combined, uncompensated.’

David Hoffman @TrustlessState

The only legitimate reason to be upset by @ameensol is if you do not like abrasiveness Ameen has produced more for Ethereum than 99% of all projects and teams combined, uncompensated He has negative options about religion and it’s influence on society, and has changed focus...

Vitalik Buterin: ‘I don't think the Ethereum community should decide to ostracize traditional religion.’

Vitalik Non-giver of Ether @VitalikButerin

@TrustlessState @Foobazzler @alexgausman @ameensol I don't think the ethereum community should decide to ostracize traditional religion

RhythmTrader shares list of pullbacks during previous Bitcoin bull runs.

Rhythm @Rhythmtrader

Pullbacks during previous bull runs: $490 -> $289 (-41%) $780 -> $468 (-40%) $1,115 -> $750 (-32%) $1,350 -> $900 (-33%) $3,000 -> $1,800 (-40%) $4,950 -> $3,000 (-39%) $7,800 -> $5,500 (-29%) Current pullback: $13,880 -> $7,800 (-43%) Sell your bitcoins at your own risk.

RhythmTrader also thinks investors are starting to realize quantitative easing, negative interest rates, fractional reserves, & inflation are the experiments, not bitcoin.

Rhythm @Rhythmtrader

A great flippening is approaching. More investors flip everyday to realize that quanatative easing, negative interest rates, fractional reserves, the elimination of cash, mass surveillance, currency wars, and inflation are all the frightening experiments, not bitcoin.

CryptoCobain shares two screenshots suggesting that Forever 21 went bankrupt due to not accepting Bitcoin payments.

CO฿IE-WAN KENOBI @CryptoCobain

A sad story

Nathaniel Whittemore - Long Reads Sunday #66.

Nathaniel Whittemore @nlw

Long Reads Sunday #66. It was *SUPPOSED* to be a great week. @Bakkt futures launching, Binance.US cranking...and a 20%+ price dip? On the upside, for some reason crappy prices tend to bring the best content - so buckle TF up it's Long Reads time! 👇1

Mariano Conti: ‘The spell is being cast at this very moment, and the MakerDAOStability Fee will be lowered to 10.5%’

👹 Mariano Conti @nanexcool

The spell is being cast 🧙‍♂️ at this very moment, and the @MakerDAO Stability Fee will be lowered to 10.5% 📉

LocalEthereum shares image of Ethereum as the value layer of the internet.

LocalEthereum @LocalEthereum

Ethereum is the value layer of the internet.

A Bitcoin block was mined 119 minutes after its parent, which has only happened 10 times, last being in 2014.

Antoine Le Calvez @khannib

Block #597,273 was mined 119 minutes after its parent. This happened only 10 times in Bitcoin's history, last time in May of 2014. Assuming blocks come in 10 minutes in average, this interblock time has a 0.000679% chance of occurring.

Jesse Walden: ‘Ethereum miners are hodling more ETH.’

Jesse Walden @jessewldn

Ethereum miners are hodling more ETH. Some speculation that is to preserve relevance after transition to PoS, but seems more likely they're awaiting a more optimal market to offset costs? Any other theories? reddit.com/r/ethfinance/c… (h/t @evan_van_ness Week In Ethereum)

Martin Köppelmann shares chart demonstrating death of Fair.Win.

Martin Köppelmann @koeppelmann

And... it's gone. #fairwin

Matt Solomon announces Floatify. ‘Floatify makes it easy to earn 5-10% interest on Compound Finance from the USD in your bank.’

Matt Solomon @msolomon44

1/ Excited to announce the launch of @UseFloatify Floatify makes it easy to go from USD sitting in your bank account to earning 5-10% interest on @compoundfinance. No Ethereum knowledge required Give it a try at floatify.net and let me know your thoughts!

floatify.netFloatifyEarn 5-10% interest on your money without a bank