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syubub · 3 years

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Rae I was hoping you could do a reading (nothing grand, it can be small) on BTS’ (each member’s individual) current post-Grammy energy? The past 24 hours have been a rollercoaster of emotions. I noticed a lot in their demeanors on both their vlive, and reaction to the loss they posted on Twitter. I have my own analysis and observations, but all that mostly comes from a psychological/logical pov. I want your take on the spiritual side and most importantly your thoughts on what the cameras won’t show us and what the members would probably never vocally/publicaly express (since bless their hearts, they’re such humble people). — 💼

That's such a great ask 💼 anon! I love the idea and I have to do it right now bc I need to know lol

bts post-grammy energy reading

Disclaimer: this is for entertainment purposes and not to be taken as fact. This is only my personal interpretation!

So first off we have the energy of the group.

The 6 of coins, the magician, ten of wands reversed.

Starting with the 6 of coins

This to me feels like they are happy to have preformed and likely feel very loved.

Like they're happy to have shown their talents to the world and spread some joy and love

The card itself Is a lot about give and take and sharing and I think they feel that with army

The kind of solidarity and appreciation of eachother

With the magician (this came up in pre grammy read too) it feels like the determination and drive to succeed. They probably are feeling motivated to come back again stronger.

I see this too as bts not holding back and doing what they feel they have to do (I'm excited for what it could be)

Then we have 10 of wands reversed

This talks about feeling relief about being able to release a burden

This makes a lot of sense

In a way they were kinda carrying A LOT on their backs with this grammy nom

And for it to be over I think now they can catch their breaths

Seokjin

Knight of wands.

This is so very him.

Passion, inspired action, energy.

It's the "pushing foward bc I have a thing that I'm going to do" energy

I see this as him being fired up and like "Okay so this is how we can do this and next time this will happen and we can do this as well"

Very much no time to dwell

It's the confidence and belief in himself and the group and their goals

Like he took his time to be be angry, sad, mad and whatever but I don't think it was at not winning. It was all the other stuff

And now hes ready to continue and push through

He could have a million ideas in his head rn

The knight of wands is one of my absolute favorite cards

It's also associated with sagittarius so maybe I'm just a bit biased lol

Renewed energy and passion

Love it

Yoongi

YOONGI

It's in caps bc im yelling

Ace of cups

You absolute pain

Yes this card can be about love

In this context though I see it as creativity

Ace is always the start of things.

The ace of cups is an emotional beginning

The beginning of a new creative project fuled by emotions and your emotions about your experiences

Yall

Yoongi is writing and making stuff and this might just be the new project that takes them to the grammys and win them the trophies

Yoongi had a planned we should always listen carefully to his words.

He technically said a 2021 grammy preformance and 2022 grammy win...

Ugh

Essentially I think that whatever project comes from the emotions of this time will be extremely significant for them

Maybe we'll get a song or album that talks about the shit they go through with interlude: FUCK YOU AND YOUR BULLSHIT

I hope we get swearing...

Probably not bc in true bangtan fashion they can form their emotions and experience into beautiful metaphors.

To sum up I think yoobi kinda knew what would happen so he sees it as an opportunity to take the emotions/creativity and create a very special thing(again, is he consciously aware of this shit??)

Hoseok

Wheel of fortune reverse

Hobi :(

Dissapointment and misfortune

It's that "the whole world is against me" feeling

I bet he was extremely excited and it was just an emotional blow to him

I think he probably can't help but be hard on himself

Like, "if we did this better" or "we should have done this"

But he knows that it's not his fault. It's just hard not to question yourself

It's feeling like they just can't catch a break

With this card though I feel like there's also an energy of no longer feeling like they have to "play the game"

Breaking the cycle

I think dynamite served 2 purposes

1. To bring joy and some sense of normality to a mid pandemic world

And 2. To play the game by its rules. Everything according to the book

Kinda an experiment

And to see that even doing everything right and excelling at the game didn't really change the scammys mind

Theirs freedom there

They did it the grammys way

And now they'll do it the bangtan way

Bc they've learned

Maybe they'll try another English song but it will be more them

Namjoon

Seven of cups

This card...

The first thing I want to talk about is illusion

The idea that an option you pick has a whole lot of things hiding behind the surface and it's not what it first looked to be

Being hyped up by the grammys and having a bunch of interviews and stuff only to be used

I think namjoon is dealing with that extra hard because as a leader I think he has this idea that he's ment to protect his members

I think he feels a bit like, "I should have seen this coming and been more careful"

Stuff like that.

When joon said "I told you" after they announced the winner

I feel like he told them that it was un likely bc the closer and closer it got he kinda started to see things for what they really were

I think too that joon is trying to decide where to go from here

Do they try a new English song?

Do they say fuck it and make a metal album?

Do they make an album focusing on the positives?

Do they make an album talking about the negatives?

Do they mix a bunch of ideas together?

Do they go back to their roots?

Very many options and namjoon is trying to choose the best one

However.

Everything has an upside and a downside

Jimin

Chim chim

The hermit

Soul searching and introspection

Listening to yourself

I think jimin might feel a bit down

Like, he needs time to re evaluate

I think jimin tends to base his worth on some external factors and he might have put a lot of his own worth on this situation

So now he has to go back and remind himself that this doesn't define him and that his value has nothing to do with the grammys or how others view him

Like hobi he might be bit hard on himself rn

But the hermit is such a powerful card bc you find yourself in the soul searching and you can asses how to move foward

I think also the hermit might also symbolize feeling shut out of the music industry and maybe too a bit of shame about not winning

JIMIM :'(

Taehyung

The high priestess

This whole situation did not pass his vibe check in the first place

I think he probably knew

Maybe his angel told him or he subconsciously knew

Very much trusting his intuition and will probably be using that to guide him going foward in what he will do with this situation

Creating and being vulnerable and open is important

Anything that has to do with intuition and creativity and empathy

He's probably also comforting jimin in preticular rn

He's also probably thinking about how to comfort us

(Maybe he's working extra hard to push the mixtape foward in order to comfort us)

(( we are trying to comfort YOU. You don't need to comfort us!!))

Regardless

It's a very intresting energy and it makes sense lol

Jungkook

The hanged man

Koo

A pause to re evaluate

Similar to jimin in that this is a time to reflect and to do some soul searching

Taking the time to see things from a new perspective that is desperately needed for him

Some new and important thing might be on the horizon (see yoongis reading) and he will be able to see it and see its potential because he's taking time to just

Exist

Gather his thoughts so that he can know what he's feeling and take that

Morph it into something beautiful

And use that to move foward with a new perspective.

I think also this could indicate feeling like this is a hurdle they can't get over.

Stuck where they are bc the obstacles are insurmountable.

Another interpretation is being made an example of publicly?

Like he might feel like they failed publicly and that it hurt rather than helped south Korea as a whole?

But overall feeling like he needs that new perspective and taking this as an opertunity to find that!

I hope this kinda makes sense! I only pulled one card bc I think they're all feeling A LOT of things and I wanted to focus on the main theme.

It's a lot more positive than I thought but that's bts for you, always looking to grow and learn and create. I'm really interested to see what kind of songs come from this emotional influx! I think it definitely differs some from what they've shown so I'm curious how this energy manifests for them!

#💼anon #bts #bts tarot #seokjinnie #seokjin #jin #suga #min suga #yoongi #hoseok #jhope #hobi #namjoon #rm #jimin #park jimin #taehyung #v #tae tae #jungkook #kookie #jk #bts reactions #bts imagines

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rktshx-blog · 6 years

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Event: MGA4 Audition Part: Interview Trigger Warning: Mentions of Gangs related topics and dysfunctional family.

Minho was not the typical flower boy nor did he have the best vocals. He can definitely hold a tone that’s for sure, but above an 89 score on a karaoke doesn’t really count. What he lacked in those areas he made up in other forms of musical techniques, adoptable dancing styles, proficient in rapping, both improvised and otherwise. He also knew how to play several instruments, in which throughout the years, Minho had managed to learn how to play a song by simply listening to it once. Without the need for musical notes. Regardless, looking at the other hopefuls within the hallway and waiting room, he was pretty sure they were just as experienced if not more then him. However the fact didn’t discourage the young lad, it amused him to no end. With the hype of the Kpop industry becoming more global, being an idol is something that isn’t only on high demand, but in economical theory, there is an influx of supply for it as well. It’s just a matter of having the right edge or fit and be scouted by the right company.

He sighs putting on his headphones, before blasting out one of his favourite artist’s songs. Eminem had become such a big influence in his generation especially in the western world, the east caught on soon enough. Minho was immediately calmed and transported back to the time when he was jamming with some of his friends back in London. Skipping school, while getting in trouble, thinking they were so cool as they memorised and spit out verses of the American rapper’s song. In fact, when ‘8 Miles’ came out in the theatres, he was pretty sure they skipped school (for the first time did something more ‘normal’) and saw the film. The elite streets of Chelsea had no mischief makers within those hours. Biting down on his lower lip, he desperately tried to keep a grin from escaping. Dear Lord, him and his gang of private schoolers were so lame. To think they all range from ages 10 to 15, him being the youngest. But those said students, had become a family to him more than his own, and the dancer wouldn’t replace those fond memories for the world. Especially when they became his obvious escape during his parent's divorce around that time; moving to Japan absolutely broke him then.

Minho glanced up from looking down at the floor, just in time to see a staff member and another musician walked out of the private room. Slipping his right earpiece off, he heard his name being called out. Taking a deep breath, he pushes himself off the wall and made his way through the crowd and into the room. The interview room was rather impressive, there was a whole set companied by the camera crew, aside from the people and the equipment itself looked plain and somewhat cold. Everything looked clinical. The nerves he hadn’t felt earlier that day, hit him like a tidal wave, abruptly halting him for a second as he enters the room. Though he flatters for a moment, he regains his composure and ventures off into his designated seat; right in front of the camera.

Maintaining control of the confrontational situation, Minho stays calm and collected, just like those times when he was forced to attend formal family gatherings as a child and later on in his adult life. He offers the interviewer a small grin, the other vaguely returning it as he confirms Minho’s identity before preparing the questions he’ll fire at the rapper. The brief interaction and small wait, allowed Minho to looked through the faces within the enclosed space; everyone looked tired already. The auditions had started a couple of hours ago, and it’s only fair that the employees of MGA looked like they want nothing more but to get up out off their places and move on with their lives. In other words, or rather a common urban term; they just looked so done with it. Too caught up with his own thoughts, he almost misses his signal to start. He clears his throat just as his about to.

| Let’s start with something simply shall we, tell us what inspired you to become an idol?

“Well, initially my inspiration to pursue a ‘musical’ career path was because for a while now, it seemed like music was the only thing I was good at…” His gaze naturally shifted from the camera to the interviewer, after all, it was the two of them having the conversation. He treated the blinking gadget as though it was just a quiet observer eavesdropping on a rather intimate conversation. “I suppose it was my mother’s own love for music that got me hooked on note sheets and beats even at such a young age. But then eventually, it donned to me ” Minho smirks playfully, eyes flickering towards the camera, “The reason why I’m so dedicated to music and eventually dancing, was because music is one of the only few things I can throw my whole self into. Aside from science, of course, but that’s some other life story altogether. A couple of years back… when I was still in Japan, I used to volunteer and taught dance classes in a public school. In all honesty, it was then that I realise that a musical or dance career path maybe one of the few ways I can be useful to society…” He shrugs casually, being truthful to his word. “So thought, if I can do it in a small way, surely I could try it on a bigger scale.”

| I see… This might be a rather personal question, but just out of curiosity, what does your sister - Choi Soyeon - think of you auditioning today? Does she have any advice on the matter? Since I know she had been involved with some nasty scandals before and eventually chose to part ways from the limelight.

He couldn’t help but let out a small chuckle. Running a hand through his styled hair, and effectively destroying the stylist effort of keeping it tamed. “Honestly, I reckon she would think I’m absolutely crazy for doing this.” A shameless, daring glint making an appearance in his dark orbs. “Knowing her history within the industry, and all that. But then again, I don’t think she would be surprised that I’m doing this at all.” His love and respect for Soyeon have no bounds. His twin will always be Minho’s first priority in life. “She’ll respect my choices, and if anything would probably just tell me to keep being myself and not change… too much.” A brow provocatively raised at the interview, almost egging him on to ask for a deeper scope.

| That’s quite intriguing…. finally, now you’ve mentioned in your form that you’ve done a couple of gigs, do you want to tell us about said performances?

“Yeah, sure…” He comfortably shrugs, nodding and somewhat more relaxed than the question has moved from the topic of his twin. “I’ve actually been a part of a crew back in Japan, we used to do flip-top battles, where we meet up in a place and go against other crews for on the spot rapping… I think you often refer to it as diss battles here. The underground scene back in Kyoto is a bit smaller then it is in Seoul but probably about the same size in Tokyo, so they probably have the same sort of competitive scene here too. Although it’s not entirely a gig per say, it is quite a show. Now oddly enough I found myself with a crew that was equally talented in dancing as they were in rapping, which meant we would actually join national dance competitions. We would only get so far as regionals, but unfortunately, we got a few bad reps and weren’t really judged by our skills.” Minho has been nothing but honest in this interview, and though he might sound bias during his last statement, everyone knows the truth. Being apart of a gang, especially the local yakuza, can stain ones’ budding reputation. “When I moved here about two years ago, I joined another dance crew and practically repeated history all over again. Not to mention, I volunteer as a choreographer at the local recreational centre in Gangnum-gu, not sure you can count that as a performance per say but you know.” He shrugs bashfully, completely unaware if they got the answers that were expected of him or if he just made a fool out of himself.

The blinking red turns off, and the interviewer shakes his hand, motioning for him to follow another staff for the next process of the day. Nodding he thanked the man and staff before leaving the room. Just like earlier, another hopeful was called in, although this time around Minho didn’t pay attention to the remaining of his surroundings or the occurring around him. He was glad and relieved that the interview had ended if anything that turned out to be the most draining part of the day. He knew there might be times where he sounded a bit arrogant or too cheeky, but Minho stuck to the person that he is, and not someone putting a show on in front of the camera purely because it might have been required. The following small break is genuinely definitely appreciated at the moment.

#wc: 1554 #(might have gotten carried away with this one OTL)#[[ Trigger Warning: Mentions of Gangs related topics and dysfunctional family.#rkmga4 #rkmga4audition3 #solo

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hiphopmademedoit · 6 years

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Czarquan- Hunting Season Review

Written by DJ Toasty Z

Three weeks ago, NY underground heavyweight Czarquan released Hunting Season, his much anticipated follow up to Juice Wayne.

With Juice Wayne, Czarquan established himself as a household name and a force to be reckoned with in the New York underground scene. He stood out as a commanding figure whose “just ate a bowl of nails for breakfast” voice paralleled the darker side of the city he called home. His gritty voice over airy eirie production painted a picture of a true new yorker’s new york. On Hunting Season, Czarquan builds on this while showing a degree of versatility like never before.

The 12-track project clocks in at around 30 minutes. Short and Sweet. No Filler. Just 12 high-quality tracks. The album is produced almost entirely by Czarquan himself and his partner in crime Tony Seltzer.

When, I sat down with Czarquan for an interview, he emphasized how influential Tony Seltzer is on his art. They create a partnership where each one fuels the other, in turn elevating the final product. In today’s internet age, where rappers and producers are often just emailing tracks back and forth, the two processes are often detached from one another. It’s refreshing to see Tony and Czarquan’s chemistry, which allows them to carve out a truly unique sound on Hunting Season. Peep a clip from our interview below where Czarquan speaks on the genius of Tony Seltzer.

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The album also features production from Black Noi$e, Terror, Rago Foot, & A Lau.

The album has no guest features, another point that Czarquan emphasized when we sat down. He mentioned that there was a Nocturnal Sons Posse collaborative tape coming sometime in the near future and that the much anticipated sequel to the Jaguar Pyramids self-titled project was “lowkey in the chamber”. He wanted to buckle down and feed the fans with some fresh solo material. He did just that with Hunting Season.

If I had two describe Czarquan in one way, it’d be “so New York”. This comes through on Hunting Season as he draws from the New York OG’s, while creating a new innovative sound that isn't stuck in the 90’s. On the album, he also sprinkles in nods to everyone from Mickey Mantle to the late great Prodigy.

The Record starts with the incredibly high-energy, “456″, which serves as a great introduction of what’s to come. The line “shorty so fly, I don’t need no sidechick” stands out as a refreshing line that subtly supports faithful monogamy. He goes on to re-emphasize this sentiment saying, “baby fuck me good. I don't think bout cheating.” This subtly offers a refreshing sentiment that is not often represented in mainstream hip-hop culture.

Czarquan shows a degree of versatility that he haven’t seen before in his other solo work. He hits the listener with high energy bangers in songs like “456”, “Mikey”, “Remix”, and “No Scope”, but also brings a more chilled out vibe with tracks like “Grand Prix” and “Tens”.

We also see a much more introspective side to Czarquan this time around. On “Stuck”, he speaks on much of his discomfort and disdain with the business part of the music business. The fakers, the fronters, the dwellers.

On, “Sacrifice” he goes on to offer an important commentary on how the city he loves is slowly changing from the influx of outsiders.

Next thing you know they go and gentrify Brownsville.

I can tell from the first word, you ain’t from round here.

Out of staters should need visas, yeah that sounds fair.

Though he feels a bit of resentment towards these people he goes on to say “Very few that I fuck with aren’t city kids, but they all authentic”. At the end of the day, he can get down with the real ones no matter where they are from.

While, hitting on more impactive and introspective topics, he still hits us with many of the stereotypical themes of luxury and drug use that are found in much of mainstream hip-hop today. However, his lyricism allows him to talk about these topics in a rather atypical unique manner.

Rather than using simply terminology like purp, drank, syrup, etc., He hits us with clever lines like “this year I probably drank 20 louie belts”. Many rappers often compare the amount of money they spend on drugs to other luxury items. However to use the metaphor of drinking louie belt stands out in the listener's mind. He similarly remarks, “Pint costs a breast implant, that’s a D cup”. That may not be the first breast implant reference that I’ve heard in a rap song before, but it's nonetheless a clever line that gives me a good chuckle.

He uses similar witty lines when talking about spilling his drank saying “technically I got a $4,000 floor now” and “$100 in a bounty”.

On “Remix”, he remarks “We sippin’ muddy, not that cheap shit, remix remix remix, I don’t do that watered down shit”. This has both a literal meaning, but also touches on the fact he doesn’t fuck with watered down fake individuals that “move funny”. Check out the music video for “Remix” below.

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On, “No Scope”, Czarquan uses the phrase “diamonds dancing like disco”, giving a spin to the common reference to diamonds “dancing” on one’s wrist. This conjures up the image of literal disco dancing, but also how the “dimaonds” on a disco ball dance and spins. It’s fitting that I can’t help but dance when this track comes on.

Even on “Money Prey” and “Exfoliate”, Czarquan uses simply analogies to create a catchy hook that fits perfectly into the themes of the album. Money is to prey, as he is to a hunter. Nothing profound, but a simple way to seamlessly tie back into the title of the album. There is often beauty in simplicity and Czarquan understands that perfectly.

All in all, this project lives up to the hype. If you are looking for something fresh and new that’s innovative, while still having the spirit of traditional New York hip-hop, Hunting Season is a must listen.

Standout Tracks: 456, Mickey, Stuck, Remix No Scope, Sacrifice

Rating: 8/10

Peep Hunting Season below and also check out full length interview with the man himself.

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If you like this interview check out our other artist interviews HERE and consider subscribing to our youtube channel to keep up to date our weekly interviews, freestyle videos, music vlogs, and other content.

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douchebagbrainwaves · 4 years

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WHY I'M SMARTER THAN AUDIENCES

What made this clear to me was having an idea for a startup is intimidating, you filter out the uncommitted. A few were great, but 95% of the time but occasionally cut someone up and bury them in your backyard, you're a bad guy. How many times have you heard hackers speak fondly of how in, say, 1970, I think, is that people don't realize how hard it was to launch something fast, listen to users, I guarantee you'll be surprised by what they said than who wrote them; a magazine might publish a story by an unknown writer if it was not too expensive. Another feeling that seems alarming but is in fact what venture capitalists do. If you make something and people complain that you're unqualified, or that you've done something inappropriate. If you're controlling them, they're not drifting.1 What if you run out of ideas?

This is a critical phase—this is where ideas come from the margins. The trouble is, it's not always a damning sign when readers prefer it. They still rely on this principle today, incidentally. These too are engaging in the wrong way: they have the really big ideas. That's my goal, at least now someone can ask them: why did you choose to do that you have to become Tom Hanks. Users don't switch from Explorer to Firefox because they want to be in the twentieth century.2 They expect to avoid that by raising more from investors.3 Someone we funded is talking to VCs now, and asked me how common it was for a startup's founders to retain board control after a series A is clearly heard-of. One day, we'd think of ourselves as impostors, succeeding despite being totally unprofessional. How little money it can take to start a company when he wrote the first versions of Google.

Exception: If one of the founders are equal partners.4 And to my horror I started acting like a child.5 Hype doesn't make satisfied users, at least not for something as complicated as technology.6 We all thought there was just something we weren't getting.7 That may seem utopian, but it's clearly now the established practice. West coast investors are going to die.8 In fact, even that is an interesting prospect. This will sound shocking, but it may be that they aren't.

Audiences tune that out. But there is another possible approach.9 Small things can be done by a bad writer.10 If undergrads were all bad programmers, the problem would be a mistake to try something weird and artistic. If you want to get the gold out of it. So why does anyone invest in bonds? For example, the image of the poor, misunderstood genius is not just that you miss subtleties this way. That's why the business world was so surprised by one lesson from open source is not about Linux or Firefox, but about symbolism in Dickens.11 Where is the man bites dog in that?12 In software, a problem that can be done fast. Someone is going to be an employee anymore—that is, hacking. Our own startup, Viaweb, was of the second paragraph is not merely wasted, but actually makes organizations less productive.

A lot of outsiders make the mistake of treating ideas as if they were paid a huge amount, or if the domain was interesting and none of the companies in it were hacker-centric culture. There are two different ways people judge you.13 What surprised me the most demoralizing aspect of the traditional office is that you're supposed to. You can afford to be passive.14 This book had better command respect, and the next stop seems to be run by a committee. This is a good way to learn. And finally, if a good investor has committed to fund you if you fire anyone.15 You'd think they'd have had more confidence. Immigration difficulties might be another reason to stay put. How casual successful startup founders are.16

You have to learn to judge by outward signs which will be worth your time. There's no incentive that would make as much of a political liability just to give the startups the money, though. We made software for building online stores. Did they want French Vanilla or Lemon?17 Imitating nature also works in engineering. Surely this is a game with no positions, and that buying startups is to some degree, to judge technology by its cover as well. But this is something all programmers have to do.

Notes

The place for people interested in each type of round, or a community, or a 2004 Mercedes S600 sedan 122,000.

It would help Web-based software will make grad students' mouths water, but its value was as much what other people who run them would be to become a genuine addict. Except text editors and compilers.

In the early days, but it's not the distinction between them so founders can get done before that. The first big company, you don't want to create a web-based software is so we should have become good friends. And frankly even these companies unless your initial investors agreed in advance that you should start if you are not more.

You can get done before that. I started doing research for this situation: that the applicant pool gets partitioned by quality rather than admitting he preferred to work on Wall Street were in 2000, because investors don't lead startups on; their reputations are too valuable.

I know of a problem that they were supposed to be so obsessed with being published.

Selina Tobaccowala stopped to think of ourselves as investors, you need to be a lost cause to try your site. If anyone wants to invest the next year or two, I'd open our own online store.

The Old Way. In fact the secret weapon of the ingredients in our common culture. So instead of profits—but only if the company at 1.

An influx of inexpensive but mediocre investors. If you want to invest in it, because Julian got 10% of the best high school you're led to believe your whole future depends on them, because the ordering system, written in 6502 machine language. Google.

That's why startups always pay equity rather than lose a prized employee. Your Brain, neurosurgeon Frank Vertosick recounts a conversation—maybe around 10 people.

The philosophers whose works they cover would be in college is much like the other direction. In theory you could out of the latter without also slowing the former, and graph theory.

But the change is a scarce resource. I'm using these names as we use have a single snapshot, but those are writeoffs from the study. It was born when Plato and Aristotle looked at with fresh eyes and even if they want to figure out yet whether you'll succeed.

I'm using these names as we walked out we ran into Yuri Sagalov.

If you want to hire any first-rate programmers. P 500 CEOs in the sense of mission. It requires the kind of kludge you need a higher growth rate early on. The powerful don't need.

Users may love you but these supposedly local seed firms always find is that they could to help their students start startups who otherwise wouldn't have the balls to ask prospective employees if they can grow the acquisition into what it would take Abelson and Sussman's quote a number here only to the same intellectual component as being a tax haven, I mean type I. Apple's market cap the day Steve came back in a domain is for sale. The meaning of distribution.

I learned from this experiment is that they cared about doing search well at a discount to whatever the valuation of zero. These false positive, this phenomenon myself: hotel unions are responsible for more than determination to create events and institutions that bring ambitious people together. Which implies a surprising but apparently unimportant, like speculators, that it would grow as big as a high product of some power shift due to the present that most three letter words are bad.

At first I didn't care about. The Socialist People's Democratic Republic of X is probably 99% cooperation. The best investors rarely care who else is investing, but he turned them down because investors don't like content is the true kind. Some of the bizarre stuff.

Download programs to encourage more startups to kill Archimedes.

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legit-scam-review · 5 years

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Staff at the U.S. SEC have published a framework that will help market participants figure out if a digital asset is deemed to be an investment contract, and therefore a security. The framework is not a rule, regulation, or statement of the U.S. Commission, but is the work of two of the SEC’s commissioners: Bill Hinman, director of the SEC’s Division of Corporation Finance and Valerie Szczepanik, Senior Advisor for Digital Assets and Innovation — also known as the “crypto czar.” The framework focuses on the economic reality of the transaction itself and “what character the instrument is given in commerce by the terms of the offer, the plan of distribution, and the economic inducements held out to the prospect.”

Coinbase Expands Into Cross-Border Payments

Major U.S. crypto exchange and wallet Coinbase stated this week that it has expanded into cross-border payments. The entity’s development means that Coinbase customers can now transfer funds to any other user with a Coinbase account globally using both (XRP) and the exchange’s stablecoin USDCoin (USDC) with no fee. Coinbase also made the news again this week when it announced that the insurance coverage for its hot wallet crypto holdings is covering a $255 million limit through a Lloyd’s of London-registered broker. According to Coinbase’s chief information security officer, the coverage focuses on protecting theft by hacking, a high risk consumer lost scenario.

Pakistan’s Central Bank Aims to Issue Its Own Digital Currency by 2025

The deputy governor of the State Bank of Pakistan (SBP), Jameel Ahmad, said this week that the institution plans to issue their own digital currency by 2025. A statement was made during a speech about the launch of Electronic Money Institutions, when Ahmad noted that the central bank is already working on their central bank digital currency (CBDC) as a way to financial inclusion and efficiency and combat corruption. According to Ahmad, the CBDC will only be deployed in 2030. As previously reported, Pakistan is in the process of implementing new cryptocurrency regulations in an effort to improve its track record fighting financial crime.

Bloomberg: Bitcoin’s Recent Renaissance Could Be Linked to Algorithmic Trading

Bloomberg reported this week that the recent cryptocurrency market jump could be linked to algorithmic trading. The trading method uses automated software to detect trends and determine when trades should be made, and Bloomberg states that the industry has seen 17 new algo or quantitative funds launched since September. According to Bloomberg’s data, algo funds reported gains of between 3 and 10% per month during the past crypto winter, while crypto funds lost a total of around 72% during the same time.

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Winners and Losers

The crypto markets are still trading high at the end of the week, with Bitcoin at $5,158, Ethereum around $168 and Ripple at $0.36. Total market cap is around $180 billion.

The top three altcoin gainers of the week are EZOOW, Cryptrust and Luna Coin. The top three altcoin losers of the week are Sharpe Platform Token, Guaranteed Ethurance Token and dietbitcoin.

For more info on crypto prices, make sure to read Cointelegraph’s market analysis.

Most Memorable Quotations

“In today’s economy, there is less and less time to build trust in the way it happened in the past. To fight cancer, to balance renewable energy, to trace the authenticity of goods, actors must be able to trust one another without meeting face-to-face. And how can we achieve this? Of course, with the help of blockchain.”

Mariya Gabriel, European Commissioner for Digital Economy and Society

“All indications that we have — whether it be fundamentals, technicals, the quantitative analysis we do — all suggest that we probably have at least started to put in the bottoming process.”

Brian Kelly, founder and CEO of digital currency investment firm BKCM LLC

“As soon as there is news about [CBDC issuance] the people in crypto get excited and say, see it’s becoming mainstream […] but if you look carefully about what they want to do, if and when they’re going to do it, it’s not going to be blockchain, it’s not going to be crypto […] it’s going to be on a single ledger, secured.”

Nouriel Roubini, American economist and notorious crypto critic

“Shorts are liquidated, there were short squeezes, more people jumped onto the hype, and a lot of news media always look for a trigger to cause big drops and big rises. I would say more than half the time they are just trying to match news to something that it did not necessarily need news to happen.”

Tone Vays, Bitcoin analyst

“We are poised to achieve ten thousand times their capacity.”

Andreas Antonopoulos, crypto entrepreneur, speaking about extant payment systems such as Visa and MasterCard

“Blockchain has the potential to virtually exclude loss, distortion, or forgery of vital log data in all aviation sectors where certificates are issued and controlled.”

Dr. Olumuyiwa Benard Aliu, president of the United Nation’s specialized agency for aviation

Prediction of the Week

Brian Kelly Says Next Target for Bitcoin is $6,000, With Crypto Markets Bottoming

Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, has predicted that Bitcoin’s next target price is going to be $6,000. Speaking in an interview with CNBC, Kelly stated that $6,000 was a reasonable price point, his comments coming in the aftermath of this week’s price surge that saw Bitcoin’s price jump by over 15 percent to reach over $5,000 for the first time since November 2018. Kelly put forward the idea that the influx of institutional investors is one of the reasons behind the price upswing.

FUD of the Week

Ernst & Young Argues That Crypto Exchange QuadrigaCX Should Be Placed in Bankruptcy

Big Four audit firm Ernst & Young (EY), which is working with now-defunct Canadian crypto exchange QuadrigaCX, said this week that the exchange should be placed in bankruptcy rather than being restructured. The exchange had been undergoing legal proceedings since it reportedly lost access to its cold wallet holdings after the unexpected death of its founder, Gerald Cotten, in December 2018. In EY’s new report, they propose that the ongoing restructuring process should be shifted to an alternative bankruptcy process. The benefits of shifting to proceedings under the BIA, the report argues, include the fact that bankruptcy “would allow for the potential sale of assets, including but not limited to Quadriga’s operating platform.”

Research: Ethereum-Based Prediction Market Augur Currently Faces a Design Flaw Attack

Ethereum-based (ETH) prediction market Augur currently has a design flaw attack, according to research made by crypto exchange Binance. The attack mentioned in the report involves a controversial market that bets on the price of ETH at the end of March, but has a discrepancy over the actual ending time of the contract versus the title. According to the research, this discrepancy could cause the contract to be deemed invalid, dividing the contributions to give back to users at one third of their value. Binance notes that this flaw could be taken advantage of by bad actors: an Augur executive has already said that the next Augur upgrade will work towards a solution.

Canadian Police Freezes Assets of FUEL Token Issuers due to Alleged $22 Million Fraud

Canadian police have frozen assets of the founders of blockchain consulting firm Vanbex, which raised $22 million in an alleged fraudulent initial coin offering (ICO). According to Canadian court documents, Vanbex founders Kevin Hobbs and Lisa Cheng were operating a shell company that developed no usable products, and had used the money in the ICO on property and cars for themselves. Vanbex’s founder Cheng told Cointelegraph in a statement that the firm “knows with certainty that false claims by a former contractor have created files with several government agencies” as part of her denial of the Canadian courts’ allegations.

Best Cointelegraph Features

A Guilty Verdict, Impatient Creditors and a Resurrecting Movement: Mt. Gox Saga Continues

The 2011 Mt. Gox hack remains the largest cryptocurrency hack of all time. In light of the recent guilty verdict for Mark Karpeles, the defunct exchange’s ex-CEO, Cointelegraph looks at how much has changed (and not changed) in the aftermath for those affected by Mt. Gox.

‘Free’ Money: How Students Mine Cryptocurrency in Their Dorm Rooms

Cointelegraph examines the recently publicized phenomenon of college students reportedly mining cryptocurrencies in their rooms. Who pays for the bills? How much money can they actually earn? Cointelegraph answers those questions and more.