#LITECOIN #LTC #EOS
This week the New Kids On The Blockchain chat Litecoin spikes, EOS Voice , Ethereum Updates, Facebook Libra and approaches to profitable mining.
We talk to Amir from Elevate Group , about how they have set up a scenario he says that will make mining profitable again for people, by offering optimal condition . Tell us your thoughts on mining, any success’s recently?
We also chat to Lex Sokolin about his concerns over EOS Voice , what’s up with Ethereum , Facebook Libra and lots of other very informed crypto chat.
?NEWS ROUNDUP?
Facebook’s Libra cryptocurrency attacked at Senate hearing
Facebook’s plan for a cryptocurrency has come under further attack at a US hearing, with politicians calling the company “delusional” and not trusted.
The Senate Banking Committee is quizzing Facebook executive David Marcus over the tech giant’s intention to launch its Libra digital currency.
The company had showed “through scandal after scandal that it doesn’t deserve our trust”, said senator Sherrod Brown.
Facebook was told to clean up its house before launching a new business model.
The company announced last month plans to launch a digital currency, possibly next year, but first needs to get Washington lawmakers on its side.
But since it unveiled the plan, critics have lined up to voice scepticism, including US president Donald Trump.
Mr Brown, a Democrat, told the hearing: “We’d be crazy to give them a chance to let them experiment with people’s bank accounts.” He thought it was “delusional” to think individuals would trust the social media company with their “hard-earned” money.
Other senators shared her concerns. “I don’t trust you guys,” said Republican senator Martha McSally. “Instead of cleaning up your house you are launching into a new business model.”
https://www.bbc.co.uk/news/business-49008298
?BTC?
Bitcoin market update: BTC/USD appreciates by $1,000 reclaiming $10,500
* Market rebounds after a US representative Patrick McHenry showered Bitcoin with praises.
* Bitcoin unlikely to break above $10,000 on Thursday but strongly supported above $10,000.
Bitcoin did not just rise above $10,000, the largest cryptocurrency broke above a second key hurdle at $10,500. The recovery comes after Bitcoin descended to lows at $9,000. An initial attempt at recovery stalled at $10,000 but in its second assault, BTC/USD impressively rose to highs around $10,694.
The rebound in Bitcoin price comes after a US representative Patrick McHenry showered Bitcoin with praises during the much-hyped Facebook Inc.’s hearing regarding Libra. McHenry said that Bitcoin was unstoppable and that corporations like Facebook are only trying to copy what Bitcoin has succeeded doing already.
“I think there’s no capacity to kill Bitcoin. Even the Chinese, with their firewall and their extreme intervention in their society could not kill Bitcoin,” McHenry said. He also added: “The essence of Bitcoin is what Libra and Facebook, and corporates are trying to mimic.”
https://www.fxstreet.com/cryptocurrencies/news/bitcoin-market-update-btc-usd-appreciates-by-1-000-reclaiming-10-500-201907181811
?LTC?
Liecoin Price Spikes Again Ahead of August Halving in 23% Spike
Even a tweet of a Litecoin-hating influencer could not stop it from registering its most profitable day in three weeks.
The world’s fourth-largest largest cryptocurrency established an intraday top of $95 after ballooning by more than 23 percent in the previous 24 hours. The surge appeared after American football team Miami Dolphins made Litecoin (Ticker: LTC) its official cryptocurrency. The collaboration will allow fans to pay for the team’s 50/50 raffle via Litecoin, and as well via Bitcoin.
The announcement escalated Litecoin’s bullish bias as the cryptocurrency prepares to undergo a supply cut on August 6 this year. The so-called halvening event will reduce the blockchain reward on Litecoin blockchain by half – from 25 LTC to 12.5 LTC. That would prompt miners to add less LTC units to the cryptocurrency ecosystem. The deflationary nature of the entire process makes Litecoin an ideal asset to hold.
https://www.ccn.com/news/shameless-influencer-driven-affinity-scam-litecoin-soars-23/2019/07/18/
?ELEVATE GROUP?
https://elevategroup.io/
?LEX SOKOLIN?
https://medium.com/@sokolin
Music by http://www.bensound.com
NB. All information shared here is for information only and should not be considered any kind of financial advice. Always do your own research.
source
PLEASE LIKE, SUBSCRIBE AND COMMENT IF YOU LIKE THE CONTENT. WE LOVE TO HEAR FROM YOU IN COMMENTS. THANKS 🙂
Good show again. Thanks guys
That's a disgusting reference to fois gras. It's cruel and unnecessary. Go Vegan.
Great show guys, getting better and betterer 🙂 I'm just waiting for some of my altcoins to have their turn at being pumped up by the big exchanges and will invest in the elevate group's mining operation.
Every cryptocurrency is total garbage!!! except $ada $link $iota!!! investing in $ada now is like investing in Microsoft in the early days!!!
No body know what Voice is going to do so we can’t talk about something that you don’t know.This is the problem with Crypto people just hate, everybody thinks there a expert.?
I watched the Facebook shit – honestly i couldnt help but smile as they were being grilled
Fingers crossed the LTC boom continues!
The whole mining phenomena reeks of deception and small investors losing. As I'm a part owner of major mining farms in Iceland and Sweden through Hive Blockchain listed on the Toronto stock exchange and in the USA under symbol HVBTF, I've chosen to buy shares in the company as they have partnered with Genesis and continue to mine BTC and ethereum. No equipment to buy and very liquid as I can sell my shares if need be through my online broker. Frank Holmes who is an experienced fund manager is the CEO. Lately, the news has been very positive as I look forward to an increase in share price as crypto prices hopefully will continue to trend higher. That was great news for Litecoin. If the Dolphins or some other pro sports team starts accepting litecoin as a payment method to purchase tickets and concessions that would be huge. Those were two very interesting guest. Keep up the excellent interviews.
Look forward to your videos, appreciate the effort you put in
great interviews especially the one with Lex smart guy ??
LTC didn't go up because of the 50/50 Miami announcement. BTC went up over $1,000.
At least he admitted he’s an eth shill. Where is the eth fab social media app? It doesn’t exist, eth can’t do it, doesn’t scale, etc.
BOOM ? Another great informative video – well done you two ?? – go LTC ?
Ethereum can't scale and it's impossible to upgrade Ethereum. Only way to help Ethereum to scale is to utilize EOS blockchain.