The Safe Crypto Show

SOUNDCLOUD: https://soundcloud.com/tyler-jordan-142779945/scs-s01e08-the-325mm-eosio-fund-south-korea-settles-down-maidsafe-update-1 It is Friday, the 26th of January, 2018 - Today I am joined by my co-hosts Mike and Jason ... Welcome Mike and Jason, thanks for joining the show today. Frontrunning -> On todays show: Top Five report The bitcoin lightning network is up and running South Korea to tax crypto exchanges @ over 24% and creates a task force to oversee exchanges Our cryto focus this week is on EOS and their new VC partnership and lastly, the weekly miadsafe update. Okay …  Onward with the show and first topic Topic #1 -- the weekly review of the top five crypto’s of the week. Bitcoin Ethereum Ripple Bitcoin Cash Cardano Topic #2 -- news segment -- https://cointelegraph.com/news/lightning-networks-pizza-day-first-ever-physical-purchase-on-lightning-network https://cointelegraph.com/news/s-korea-to-tax-crypto-exchanges-242-p

Topic #1 --  weekly review of the top five crypto’s of the week. Leading news - With crypto’s generally moving sideways yesterday and today, are the bears done making their move? Last week was a solid bloodletting - I personally took quite a beating … and now I’m wondering if it’s really over … or if there is another wave of selling yet  to come.  With so many traders acting on spurious news from government mouthpieces and the lamestream media, I am certainly uncertain. … Okay …  Onward with the top five today ... Bitcoin - FLAT … totally sideways. Ethereum - FLAT … totally sideways. Ripple - had a nice rebound, but now flat again. Bitcoin Cash - even FLAT-er … and totally sideways. Cardano -  FLAT … totally sideways. Topic #2 -- news segment -- Last week at the top of the show we mentioned that the news of imminent South Korean regulation and/or shutdown of exchanges was exaggerated by the Reuters news service … this week we find out that south Korean officials may

Here is Episode #6 ... Had a lot of problems with the sound as usual, but this time I think I am getting closer to solving it - expect the next episode to have higher quality sound. Topic #1 --  weekly review of the top five crypto’s of the week. I’m going to lead this topic with related news - that of the South Korean government raiding exchanges, supposedly looking for tax evaders and legislation being pushed to close exchanges - In later developments yesterday however, statements regarding new legislation to close crypto exchanges by the appear to have been exaggerated by Reuters news service. What appears to be happening is that various agencies of the SK government are in conflict with regard to what should be done with the exchanges and hence there is no consensus yet on what the SK government will do.  Link: https://cointelegraph.com/news/nothing-finalized-south-korea-govt-ministries-diverge-over-crypto-ban-proposal Bitcoin - a down week. Mostly on concerns of the SK gov

Our latest episode ... took me an extra day to get it out due to sound problems that required much tweaking. Topic #1 --  weekly review of the top five crypto’s of the week. Bitcoin - a sideways week. Ripple - Now number two on coinmarketcap.com - up 36,000% in 2017. I still don’t own any, and probably won’t.  Too many red flags with ripple for my taste - e.g. the large percentage of ripple owned by the founders, whose net worth now exceeds facebook founder Mark Zuckerburg. Ethereum - Moved much higher this week - will it break out even more if it surpasses US$1000 per eth? Bitcoin Cash - Another sideways week for BCH with a big drop the last couple of days. I think the market is saying “what’s so special about bitcoin anyway?” Cardano - continues it’s upwards rip from last week!  Last week I urged caution and now you probably all hate me!  Well, this week will be no different - hate all you want, I prefer rational trading choices and I have no rational reason to own Cardano,