Re: BITCOIN PUMP!

Holo Price Gets Driven Down Further as Bears Retain Control During these somewhat uncertain times in the cryptocurrency industry, any sort of momentum can materialize when people least expect it. Despite promising signs this morning, […]

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Years into the great bitcoin scaling debate no solution is in reach. Neither bigger blocks nor Segregated Witness have anywhere near consensus support. With the conflict escalating, a bitcoin fork has become a real possibility.

Topics discussed in this episode:

• Possible outcomes include that bitcoin Unlimited gains a majority of hashing power and starts mining bigger blocks. In the event of a fork, a proof-of-work change could be done to defend the minority chain from miner attacks. And lately a proposal was brought forward to activate SegWit without the support of the hashing power.

• Thomas Voegtlin, developer of the popular Electrum Wallet, joined us to shed light on these complex issues and share his perspective on the best way forward.
• • ASICBoost and its potential role in the conflict
• • How a bitcoin fork could happen
• • How to split coins in case of a fork
• • How UASF could be used to activate SegWit without miner support
• • Requirements for UASF to be safe
• • How Electrum would handle a fork

Links mentioned in this episode:

• Electrum Bitcoin Wallet
• ASICBoost ?'” Hacker Noon
• Bitcoin’s New Controversy: The AsicBoost Allegations Explained – CoinDesk
• Timo Hanke on ASICBoost and SegWit Non-Activation
• From AsicBoost to UASF: Greg Maxwell on Bitcoin’s Path Forward – CoinDesk
• [bitcoin-dev] Thomas Voegtlin: Soft Fork Threshold Signaling Proposal
• UASF Working Group
• [bitcoin-dev] Greg Maxwell: I do not support the BIP 148 UASF
• Thomas Voegtlin: Electrum, SPV Wallets And Bitcoin Aliases ?'” Epicenter

Sponsors:

• Jaxx: Wallets that Unify the Blockchain Experience Across Devices – http://jaxx.io

This episode is also available on :

• Epicenter.tv
• YouTube
• Souncloud

Watch or listen, Epicenter is available wherever you get your podcasts.

Epicenter is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.

zerohedge.com / by Tyler Durden / Apr 11, 2017 1:35 PM

Despite the panicky “reverse engines!” dynamic last Friday in the US rates market – with popular “reflation” trade expressions (which had been seeing vicious unwinds) suddenly breathing new life as Fed’s Dudley clarified his “misconstrued” comments on “little pause” with short-term rates hiking –  RBC’s head of cros asset strategy Charlie McElligott points out that 5y5y inflation remains stuck, EDZ7/8 curve is flattening again, and the EDZ789 butterfly too is again fading.

Nominal UST yields continue to be gravitationally ‘held’ around this low 2.30s level, ahead of today’s 10Y sale later…

SUMMARY:

• Last Friday’s ‘rates reversals’ post Dudley “clarification” not driving “reflation” follow-through across-assets.
• Still strong / expansive data (although signs of mean-reversion with regards to fewer ‘beats’ / more ‘misses’) proving unable to break the rates ‘range trade.’
• Fiscal / tax policy sentiment trending ‘worse,’ supporting UST ‘bid’ in conjunction with geopolitics.
• Crude the lone “reflation” stand-out but unable to single-handedly lift risk-assets higher against this backdrop.
• Key proxies going-forward: $/Y ‘breaking lower’ again will be a key ‘leading indicator’ with regards to risk-appetite, especially with regards to Asian sentiment and its impact on US rates–while 5Y breakevens are indicating lack of ‘belief’ in US inflation ‘stickiness.’  Both led S&P ahead ahead of its August / September ‘fade’ last year as well.

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The post As Stocks Sink, This Is What RBC Is Looking For appeared first on Silver For The People.