Waching daily Sep 3 2018

Like fiddy's front tooth the crypto market was mostly green this week, Bitcoin went above

$7k for the first time in 20 days, despite all the FUD coming from China and the rejection of 9 Bitcoin ETFs

The good news is that the kids, who no longer like 50 cent but this guy, are much more likely

to HODL than the general population.

A survey carried out by Coinbase shows that 18% of U.S students respondents either are

currently hodling or used to-- that's two times more than the average american surveyed.

17% of students surveyed said they were crypto-literate, while only 9% of the general population said

they knew anything about crypto or blockchain.

This survey is particularly hopeful as it shows that while the older generation may

believe the FUD, the younger one will be Bitcoin believers

The bad news,

Coinbase CEO Brian Armstrong said recently that mass adoption would take some time, also

this guy.

This week, Yahoo Finance supports crypto, the wolf of FUDstreet, Joseph Lubin doubts

Tether price manipulation, and North Korea is getting into Blockchain.

Ladies and gentlemen, it's your weekly HODlers' Digest

We're filming here in San Francisco right next to the Palace of the Fine Arts

Who-hoo!

Yahoo finance users and HODLers have a reason to celebrate, but might be advised not use

their email account.

You can now buy and sell Crypto on Yahoo Finance (only on the IOS app for now).

Bitcoin, Ethereum and Litecoin are now integrated on its platform.

And, Statistics are available for other cryptos, like Bitcoin Cash, Ethereum Classic, and EOS,

but they currently do not have buy and sell options.

This development has been welcomed enthusiastically:

In April this year, Yahoo Japan confirmed plans to buy 40% of BitARG Exchange Tokyo

and send executives to set up the exchange, set to launch in 2019.

But be careful out there guys, it was recently reported that Yahoo has been scanning people's

emails for data to sell to advertisers-- but if you still have a Yahoo mail account in

2018 surely it's Youhoo that is to blame, no?

Former fraudster, money launderer and penny stock trader Jordan Belfort thinks there are

a lot of scams around Bitcoin, and doesn't think the SEC will get involved with Bitcoin

"The central banks don't want it, they've worked so hard to stop money Laundering, there

is just no way."

World governments don't want it either.

In terms of regulatory problems, Belfort believes we've only seen the tip of the Iceberg.

He highlighted Tether as a particular problem, but he doesn't believe Bitcoin itself is

a scam

According to the Wolf, 95% are legit, but it's the 5% that are criminals that will

take the whole thing down.

The Wolf of Wallstreet 2: welcome to FUDstreet,

Coming soon to theaters near you.

Be sure to subscribe to one of our favorite crypto YouTube channels

Hackdroid Crypto!

Similar to Cointelegraph, their channel covers blockchain startup reviews, token project overviews, mining,

and crypto news!

Ethereum co-founder and all around crypto wizard, Joseph Lubin doubts manipulation accusations

against Tether, a rare voice of dissent, it must be said, in an industry that appears

to believe the worst of the stablecoin.

After the publication of a study by the University of Texas in June, Tether fell under suspicion

for Bitcoin price manipulation in 2017.

The paper claims "purchases with Tether are timed following

market downturns and result in sizable increases in Bitcoin prices."

But Lubin is unconvinced of manipulation accusations against the token.

He said that "based on our analysis, we do believe that [Tether] are backed 1:1 by

U.S. dollars in bank accounts" Although he added that it is "still not

100% solid in terms of a story, from my perspective."

In June, a law firm did an unofficial audit of Tether's accounts where it was discovered

that Tether could back each token 1:1 with U.S. dollars.

But the firm noted that it is, "not an accounting firm and did not perform the above review

and confirmations using Generally Accepted Accounting Principles."

Is Lubin right about Tether?

Or do you believe the accusations regarding price manipulation?

Let us know in the comments.

Mt. Gox is not an actual mountain, and yet for those burned by the hack, it certainly

felt like they climbed one attempting to recoup their investments.

Well, now it seems they might have reached the summit.

Mt Gox can now file rehabilitation claims, so it is likely most of the 24,000 victims

will eventually get their funds back and even see returns on their 4 year long forced/unintentional

hodl.

It is all thanks to a group of Mt. Gox creditors who successfully mounted an effort to pull

the exchange out of bankruptcy proceedings and into civil rehabilitation.

While some of the defrauded customers can still keep pressing for criminal charges against

former CEO Mark Karpeles, the bankruptcy estate funds are now managed by an independent trustee,

who will oversee the civil reimbursement process.

Now to the strangest nation on god's green earth: North Korea!

According to a report from South Korea's state-run , North Korea has attempted to mine

Bitcoin.

According to a local news outlet, the mining attempt – which was reportedly conducted

on a "on a small scale" between May and July 2017 – seems to have been unsuccessful.

KDB's research team also reported that North Korean tech firm Chosun Expo is allegedly

now in the process of developing a BTC crypto exchange, without any further details provided.

There were also reports this week that North Korea plans to host an international 2 day

conference on blockchain and crypto in Pyongyang this October.

Apparently, it will bring together experts from around the world and North Korean business

officials, you know the guys who run all those great businesses in perhaps the most heavily

sanctioned sovereign state in the universe.

Well, Kim, we have our Blockshow in Singapore coming up in November, so October might be

a little busy for us.

Our prediction for keynote speaker in Pyongyang: John Mcafee, the man who just doesn't give

a (beep).

Like if you think the children are

the future. Like subscribe and HODL if you think that

they should have a better taste in rappers, like Eminem; who actually referenced

Bitcoin on his latest album: Kamikaze, with the lyrics: "Remember everybody used to bite

Nickel, now everybody doing bitcoin."

For more infomation >> Both Eminem and Yahoo Finance Embrace Bitcoin in Wins for Crypto Adoption | Hodler's Digest - Duration: 7:20.

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