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Twitter Stock Rallies a Ridiculous 16% – Here’s Why You Should Sell

By CCN: Twitter stock (TWTR) surged 16% Tuesday on mammoth first-quarter earnings and massive user growth. The company posted $191 million in net income or 25 cents a share. That’s a 213% increase from the $61 million in net income the company achieved in Q1 2018. The platform also saw a tsunami of new monthly active users (MAUs) since January. With 9 million new users over the period, Twitter destroyed expectations of a 4 million MAU decline. This is the last time Twitter will be reporting its monthly active user base for the quarter. From now on, the social media The post Twitter Stock Rallies a Ridiculous 16% – Here’s Why You Should Sell appeared first on CCN
CCN

Small Twitter Account Triggers The XRP Army for Posting a Tweet About Ripple CTO Consistently Selling His XRP Stash

A small account of less than 200 followers ignited a debate on Crypto Twitter after posting their impressions of a series of XRP sales that David Schwartz, Ripple CTO, was doing over the past few days. According to Hlnoooo, Mr. Schwartz’s sales are “the most bearish sign for XRP” and warned his followers about the potential negative repercussions of these operations, flagging as suspicious the fact that this whale is disposing of part of its funds. Warning to all $XRP holders.Ripple CTO @JoelKatz recently selling his $XRP stack is the biggest warning sign one could ever get. This is the most bearish sign for $XRP I have ever witnessed since beginning of '17.https://t.co/aHqeaLbxv8I recommend everyone to get OUT NOW— Hlnoooo (@hlnoooo) April 20, 2019 Hlnoooo acknowledges Schwartz is fully entitled to sell his private stash in whatever way he sees fit, however he explains that what really concenrs him is the evidence he is selling such a large amount just when XRP is at such a low price and many analysts agree that it is very possible that there will be a speedy recovery of the markets. He sold his $XRP during the two pumps to $0.40 and $3.00 which is reasonable. Selling $XRP now, at the very bottom, very close before the next bull market, is not reasonable. So he probably knows something we don't know.— Hlnoooo (@hlnoooo) April 20, 2019 Schwartz himself responded by conceding that the sale of XRP is part of his de-risking strategy as most of his investments are in Ripple stocks and XRP. So while an increase in the price of XRP can cause immense profits, a fall could also generate more losses than he is willing to face. This is still the case. Still sticking to the de-risking strategy my wife and I agreed to when we agreed to put our own money into cryptos. What helped me not to be so sad selling during the bull run was thinking how happy I'd be if I regretted my decision, but it still hurt. 1/2— David Schwartz (@JoelKatz) April 21, 2019 This position is quite objective regardless of how involved Schwartz is with Ripple, and although this response was respected and by all, the situation escalated when the rest of the XRP Army “attacked” Hlooo for questioning David Schwartz’s intentions. The results, according to information from Hlnoooo were shocking. He had more insults than his total number of followers. It is simply not bearable. 589, insults, secret deals with the IMF, skewing facts. When @haydentiff stepped in it was like a huge troll army coming out of the dark. I respond to any serious answer. I'd be happy to discuss with her how xRapid will (not) move up prices. Right here.— Hlnoooo (@hlnoooo) April 22, 2019 Some users debated healthily, arguing that nobody should not assume a priori that Schwartz was shorting XRP for some reason. Some explained that he was simply switching his tokens to fiat to perform traditional operations, others speculated that he might need the money to buy goods, that he wanted to invest it in Ripple shares or some other financial instrument. Another user argued that he could be moving his XRP to some Exchange. However, another part of the XRP army criticized Hlnoooo calling him a coward, stupid, troll, fake, idiot and accusing him of spreading FUD and BS. Come back with your real identity along with your financial statements so we can comb thru your life decisions & XRP holdings. What other people do with their crypto is none of your damn business. The only warning here is that cowardly, anonymous accts are worse than dead weight. pic.twitter.com/px2nXJKlub— Tiffany Hayden (@haydentiff) April 22, 2019 Tribalism is a common phenomenon in CT, some cryptos suffer from this cancer more than others, but this is a toxic behavior that in most cases, when taken to the extreme, has generated terrible consequences for the whole ecosystem. Perhaps the best thing is to take Jihan Wu’s advice to the BCH community and apply it to the entire crypto-verse, remembering precisely what happened to him when he was overly tribal about a coin: BCH community needs to learn a hard lesson. Be friend with other competing coins, learn from them, and make BCH better. Don't play hatred, don't wish competing coins ill. Just wish and try to make BCH better.— Jihan Wu (@JihanWu) November 10, 2017 The post Small Twitter Account Triggers The XRP Army for Posting a Tweet About Ripple CTO Consistently Selling His XRP Stash appeared first on Ethereum World News.
Ethereum World News

Is XRP Still A Promising Investment? Answers From A Twitter Banter

Things are finally looking up for the crypto space especially for the top coins like Bitcoin and Ethereum. However, XRP doesn’t seem to be gaining steam like most others despite it being the number 3 crypto on the charts. This impasse has many XRP fans frustrated, although a majority of them still maintain a positive outlook about the crypto’s future. According to one Twitter user who also happens to be an XRP fan, it’s still too early to start complaining about XRP. The crypto is still in its early stages and the industry is still figuring out the best use cases for it. The user compares the current XRP situation to discovering oil and not knowing how to use it. Meant To Be Used Or To Be Sold? While various crypto players and blockchain-based companies have stepped up efforts in coming up with various use cases for cryptocurrencies, some crypto fans are still adamant that these coins aren’t really meant to be used as currency. According to one user on twitter commenting on the above-mentioned thread about XRP, the crypto is meant to be traded or sold as opposed to using it as currency. To put his point in perspective, the user references Bitcoin’s 10 years in the crypto market, saying that at the moment, you can only gauge Bitcoin’s success by how much you can sell it for as compared to years ago. Doubters With Zero XRP Still, there’s no shortage of XRP supporters on Twitter, with some claiming that those who keep castigating XRP are doubters who don’t know much about the crypto’s market dynamics. According to one user commenting on a tweet, most XRP doubters have no idea about XRP’s path-finding features or even the XRP Ledger. XRP Comes Last But Pumps Hardest In a separate tweet, another Twitter user had a rather radical opinion. According to her, XRP has been known to be among the last of the cryptos to react to market pump. That opinion is probably inspired by the current bullish atmosphere in the crypto market. A lot of the top cryptos are gaining, but XRP doesn’t seem to be getting much from the bullish movement. According to this user, XRP has in various occasions been the last to react to market forces, but its reaction is always one of the best. Quoting her exact words, ”XRP usually pumps last and usually pumps the hardest.” The post Is XRP Still A Promising Investment? Answers From A Twitter Banter appeared first on ZyCrypto.
ZyCrypto

@Bitcoin, crypto is split on whether to censor controversial Twitter account

Crypto Twitter is embroiled in a heated debate over whether to suspend the controversial @Bitcoin account. Bitcoin maximalists call for its removal for violating Twitter’s terms of service and for false advertising, defenders of Bitcoin Cash and free speech are resistant to what they describe as “censorship.” @Bitcoin Twitter Account the Focus of Debate The crypto community is a tech-savvy, active, and involved bunch, especially on social media. The platform of choice: Twitter. As one of the few social media platforms that facilitate quick and easy communication between a large number of people, Twitter has coalesced into a force that can bring projects to fame or demise. The anonymous spirit of cryptocurrency translated into a largely anonymous and powerful Twitter community—referred to as Crypto Twitter— that is highly vocal about the direction of the industry. One ongoing controversy is over the Twitter account @Bitcoin. Created in 2011, the account holds tremendous sway in the community with over 930,000 followers. Originally, the account was an all-in-one-stop for everything Bitcoin. However, the account started criticizing the network in 2017 for its high fees and lack of scalability. Soon after, the account started to become vocal about its support for Bitcoin Cash (BCH), Bitcoin’s controversial hard fork supported by Roger Ver—who allegedly owns the account. Transaction fees on BTC are too high for it to be useful in payments, and the blocks are too full for reliable confirmations. These are facts. But according to BTC maxis, I'm a scammer and a villain and a fraud for pointing these facts out. — Bitcoin (@Bitcoin) April 21, 2019 Fraud or Freedom of Speech? Increased support for Bitcoin Cash did not bode well with most Bitcoin maximalists, who accused the account and its owner of false advertising and of violating Twitter’s terms of service. Bitcoin Cash supporters and free speech advocates were quick to respond, maintaining their position that Bitcoin doesn’t have a single “right” vision and that Bitcoin Cash exists as a different “path” that Bitcoin could have taken in its evolution. Does this twitter account think it is fooling anyone @Jack? It spreads fear about bitcoin in order to promote another project called “bitcoin cash” using any kind of subterfuge. Bitcoin will not raise the coin limit past 21 million coins ever. https://t.co/AtOr0IHExx — James McCue (@jamestmccue) April 21, 2019 What the Community Says However, the difference in opinions quickly turned into one of the most heated arguments Crypto Twitter has ever seen. WhalePanda, a highly influential Crypto Twitter influencer, suggested that the @Bitcoin account should be suspended like the @internet account was some time ago. The @Bitcoin twitter account should be suspended like the @internet account.The account was sold which is against ToS. The account is actively involved with defrauding people. It really is that simple.https://t.co/Innp81a2GW — WhalePanda (@WhalePanda) April 21, 2019 Larry Cermak of The Block offered a more balanced alternative to banning the account. While the analyst himself supports Bitcoin, he called for the market to decide on whether or not the @Bitcoin account should stay as it is. Calling for Twitter to ban the account contradicts Bitcoin’s censorship resistant principles, Cermak said. TIL It’s unpopular to think that @bitcoin shouldn’t be banned. I don’t give a fuck about Bitcoin Cash and support Bitcoin but it’s subjective (IMO) to argue that they are impersonating a brand. Why not just let the market decide instead of advocating for banning? — Larry Cermak (@lawmaster) April 20, 2019 Some users have pointed out the flaw in this argument, saying that the @Bitcoin handle itself has the power to sway the market. Others were more practical in their arguments, saying that the account should be banned as buying and selling Twitter handles is against the platform’s terms of service. i don't see how the market decides the twitter handle but one could argue owning the bitcoin handle helps sway the market — nick (@nickjamesbtc) April 20, 2019 A large part of the crypto community that usually stays away from both Bitcoin and Bitcoin Cash also contributed to the debate. Many argued that banning @Bitcoin would be a violation of free speech, as nobody has the right to ban criticism or praise of certain cryptocurrencies. Counterpointing that was James McCue, a software developer who argued that it was an account created to sell “bitcoin cash” and trash bitcoin in intellectually dishonest ways. McCue noted: “This is not an issue of free speech, it is a marketing scheme.” The argument to suspend @Bitcoin The bitcoin community shares a common argument—Roger Ver should use a handle like @bitcoincash or @bcash for promoting Bitcoin Cash. The hate is not channeled against the coin—BCH, but against the tactics employed by the BCH team to manipulate users into believing that bitcoin cash is bitcoin, say those criticizing the account. Likewise, the /r/btc subreddit is also controlled by Roger Ver and BCH team and faces similar criticism. Roger Ver, the owner of the @bitcoin handle on Twitter—also owns the famous domain bitcoin.com, which is also utilized for promoting Bitcoin Cash. Related: Bitcoin Twitter Suspended, Hijacked and Restored as Twitter Balances Free Speech in the Age of Crypto Disinformation For instance, the buy bitcoin page of Bitcoin.com uses enables new users to purchase “bitcoin” without clarity that it is actually bitcoin cash they are purchasing, as asserted by several Redditors. Additionally, the get started with bitcoin guide on the website is also questionable, as it actually shows users how to get started with Bitcoin Cash, added another Redditor. The issue even got the attention of Jack Dorsey, the CEO of Twitter. In response to Zack Voell, a Messari analyst, Dorsey asked what Voell recommended Twitter should do about the account. Voell released the conversation and faced backlash from the community, later deleting the tweet. However, Voell did liken Bitcoin Cash using the Bitcoin name to @Oreo hijacking the @ChipsAhoy username. Dear @Twitter, Allowing @Bitcoin to shill Bitcoin Cash, an entirely different asset, and bash $BTC unobstructed is no different than letting @Oreo hijack the @ChipsAhoy handle. End this deliberate misinformation campaign. Z P.S. For more, read @Jack Dorsey, your CEO, on this. pic.twitter.com/GYHWW8uTAG — Zack Voell (@zackvoell) April 20, 2019 So far, the debate still rages on and the community seems evenly split on the issue. Thus, it seems unlikely the Crypto Twitter will come to a consensus on this particular issue. The post @Bitcoin, crypto is split on whether to censor controversial Twitter account appeared first on CryptoSlate.
Cryptoslate

Tron’s Justin Sun Leads Ethereum’s Vitalik ‘Non-Giver of Ether’ On Twitter

Justin Sun currently leads Ethereum’s Vitalik in terms of the number of followers of twitter. While Vitalik has adopted a strict no giveaway policy, Justin Sun has been promoting Tron on a large scale with lucrative incentives. The Tron Foundation under Justin Sun has adopted aggressive marketing strategies to promote the use of USDT Tron and also increase the presence of Tron on social media platforms. Tron Foundation had announced a systematic giveaway of $20 million to USDT early adopters. The campaign is running now as USDT-Tron holders are earning interest from their holdings. Recently, it announced the winner of the brand new BMW Mini-Cooper of the USDT Car Lottery. The winner of the lottery also received 8888 TRX tokens apart from the $30000 car. Earlier Justin Sun had also given out a Tesla to promote the USDT-Tron. “To celebrate #BTT & #USDT–#TRON success, I am planning a $20m free cash airdrop. Good news-it’s coming, bad news-I may decide to give away more! First, I will randomly pick 1 winner for a #Tesla up until 3/27! To apply, follow me and RT this tweet! Simple! #Blockchain” Justin Sun Has More Followers Than Vitalik Moreover, the campaign under the Tron Foundations seems to yield results as the Justin Sun currently has more than 1.09 million followers on Twitter. While Vitalik Buterin, the Co-Founder of Ethereum has about 849k followers. The difference of about 250k can be attributed to Tron’s popularity in China, but Ethereum is globally recognized and was released much before Tron. Therefore, the ‘Re-tweet’ and follow campaign seems to be luring a lot of people from outside the crypto-space as well. Tron Ambitious with USDT-Tron Tron most recent big launch after BitTorrent token was the USD Tether based on TRC20 token. USDT has been in cryptocurrency markets since 2015. It was first released on the OMNI platform and later extended to ERC-20 as well. While together they represent the same stablecoin USDT, they are exchanged and transacted on their respective platforms. Hence, Tron’s drive to increase the percentage use of USDT-Tron is to increase the ubiquity of TRC-20 based USDT to provide a built a broader ecosystem for Decentralized Applications on Tron. The interoperability of the different USDT is limited on their respective platforms. Also Read: USDT-Tron and USDT-Omni To Co-Exist As a Single Cryptocurrency on This Exchange Justin Sun tweeted their goals of increasing the dominance of the use of USDT-Tron: #TRON now occupies 2% of total #USDT supply, 50 million out of 2.5 billion. Goal for Q2 2019: Surpass #Ethereum & achieve 10%. We will reach 50% of #USDT in 2019! Do you think that these campaigns will benefit Tron in the long run to overthrow Ethereum or it is a wasteful attempt? Please share your views with us.  The post Tron’s Justin Sun Leads Ethereum’s Vitalik ‘Non-Giver of Ether’ On Twitter appeared first on Coingape.
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DIGEST

This week, everyone made a wish about crypto price increase — while we observed the Rothschild vs. Trump scandal, — and surely made some crypto predictions for the New Year

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DIGEST

This week an insane amount of times the topic of privacy rises. It is finally so acute that it can not be ignored: everyone quotes CEO of Apple and expresses his arguments in favor of the four conditions of privacy indicated by him. Twitter users also share their views on the need for stablecoin

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DIGEST

The Future Is Now

This week Twitter users have a lot of topic for discussion: Tom Lee states to Central Bankers, BTC needs support, Coinbase and Bitcoin adoption — all this in this digest

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BTC and ADA Are Showing Positive Signs With Strong Bullruns and Weaker Corrections

The cryptomarket is going through some good times, recovering from the sharp fall it had during 2018. The recovery of the global marketcap, and the high number of developments around cryptos and blockchain technologies has led many analysts to claim that we are close to witnessing not only a stabilization of the markets but also a bullish trend in the short term. Of all the crypto currencies on the ecosystem, BTC has always been the reference token, not only for holding the most powerful position in the top 10 but also for having the highest number of users and software developments. BTC is Having a Great Week BTC has experienced a significant price increase. After a period of constant “Bart Simpsons”, it finally seems that the most important cryptocurrency in the world broke the 5k resistance. This marks an a crucial milestone as it is a a value that could not be reached for months. However, during the last few hours BTC was curiously bullish. The token easily broke the 5.4K to flirt with the 5.6K band. If this trend continues, it could be said that BTC has been bullish for the entire past week, winning between 500 to 600 Dollars per token. BTC. 30 minute candles. After the big green candle, 5580 has become a new support Bitcoin (BTC) 1day candles. courtesy Tradingview Cardano (ADA) Also Shows Some Positive Signs Another token that has been specially bullish is Cardano (ADA) The project that promises to solve the “blockchain trilemma” experienced a a surge of about 10% in less than 24h, standing at one point almost at $0.08 per token. One of the reasons for this rise is the positive reaction of the market to the announcement by Charles Hoskinson (head of the project) saying that IOHK managed to close a an association with the Ethiopian government to popularize the use of Cardano in that region. According to Mr. Hoskinson, thanks to this partnership the Ethiopian authorities, the government will allow its citizens to use ADA to make payments as if it were fiat. Also, residents of Addis Ababa, the capital of the country, will be able to use ADA to pay for public transport services in the city. Right now, Cardano (ADA) experienced a correction that placed the token back to the support at 0.074 USD. The token then went up again to 0.075 with signs of another possible bullish trend in the short term Currently the bullish trend seems to be solid in most of the markets. The signs of a trend reversal are not strong enough to be frightened, however it is important to follow the charts, remembering that cryptocurrencies are extremely volatile. The post BTC and ADA Are Showing Positive Signs With Strong Bullruns and Weaker Corrections appeared first on Ethereum World News.
Ethereum World News

USDX Wallet Announces Integration with First Crypto Exchange, ExMarkets

April 23rd, 2019, Frankfurt, Germany – USDX Wallet is a mobile-first instant transfers solution powered by blockchain technology. It targets crypto holders, allowing individuals to send and receive funds quickly and fee-free. It also covers the needs of an unbanked audience, and those who don’t want to pay commissions within traditional money transfer mobile apps. The USDX Wallet app guarantees multi-level security for all transactions and instant transfers of assets by username, phone number or QR code. The native blockchain used by the USDX Wallet is based on the BitShares protocol and allows 100,000 transactions per second. USDX and LHT Tokenomics The payment system has two cryptocurrencies at its core: USDX token and LHT coin. The USDX token is a stablecoin pegged to the U.S. dollar at a 1:1 ratio via a smart contract. USDX is collateralized by the system’s core cryptocurrency, LHT. The total supply of LHT is 1 billion coins. LHT coins will be released gradually to the market; only 10% of the LHT supply will be issued each year, of which 5% will be freely tradeable and 5% will be locked on the blockchain to provide 200% collateralization. Recent Developments USDX Wallet has not held any private sales or presales, as it has received a sufficiently large venture investment. Future profits of the project will come from business account fees. From December 2018 to January 2019, there was an airdrop that attracted tens of thousands of participants. At the moment, USDX Wallet has surpassed 50,000 verified accounts. For the last several months the team behind the app have been implementing integration with crypto exchanges. The first platform to list LHT will be ExMarkets exchange, with two more exchanges to come. On Exmarkets, LHT will be available in trading pairs with Bitcoin (LHT/BTC) and Ethereum (LHT/ETH). About Exmarkets ExMarkets is a digital asset exchange platform powered by the state-of-the-art trading engine developed in-house. On the exchange, ExMarkets users can trade the most popular cryptocurrencies as well as gain the chance to participate in the token sales of the most promising blockchain and crypto projects through ExMarkets Initial Exchange Offering (IEO) LaunchPad. Recently, ExMarkets was granted two operational licenses for crypto-fiat gateway and custodian service provision by the Estonian regulator making it one of the few certified players in the market. Also, ExMarkets supports EUR (SEPA transfers) deposits to the cryptocurrency exchange and is a part of the CoinStruction liquidity framework which is aggregating order-books from the most well-known cryptocurrency exchanges guaranteeing 24/7 crypto liquidity. It takes only a few minutes to set up an account; users are allowed to make deposits in Bitcoin, Ethereum, other supported cryptocurrencies, and tokens. ________________________________ For more information on USDX Wallet, visit https://usdx.cash. The free USDX Wallet app is available on Google Play and the App Store. Follow USDX Wallet on Medium, Twitter, Facebook and Telegram. ExMarkets platform https://www.exmarkets.com/. Media Contact Details Contact Name: Maria Lobanova Contact Email: mlobanova@usdx.cash Partnership Request Details Contact Email: partners@usdx.cash USDX Wallet is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of stable value, or of any value at all. Disclosure: This is a sponsored press release. The post USDX Wallet Announces Integration with First Crypto Exchange, ExMarkets appeared first on NullTX.
NullTX
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