Coin Sheet - June 6, 2017

◤What people are talking about...

Total cryptocurrency market capitalization i̶s̶ ̶a̶p̶p̶r̶o̶a̶c̶h̶i̶n̶g̶  hit 100 BILLION dollars. That's a 500% increase in about 5 months. Bubble schmubble.

Yesterday, relative to Ether, the price of Bitcoin was rising much faster. That left us with two possible scenarios, either ETH corrects up or BTC corrects down. ETH seems to be correcting up.

ScienceGuy9489 says ETH is at a critical point.

Everyone at Steemit still thinks Steem in undervalued.

UASF BIP 148 (user activated soft fork as described in Bitcoin Improvement Proposal 148) is a thing. If it's your thing you can read more here. Or watch and listen to the good work of Crypt0 here. This podcast also has some pretty good points on the matter.

Little ol' Russian bank Sberbank messing around with Blockchain technology. Spain's banking sector is also interested.

◤THINGS I LIKE

Braid, a psychological thriller, will become the first US feature film to conduct a crowdsale using Ethereum.

Details of the token sale were as following:

  • 100% of revenues are to be paid out to token holders until they recover their initial investment, plus 15% interest. After this point, token holders will receive 30% of profits earned.
  • 100% of the tokens will only be issued to buyers in the sale. The production, development team, and company will not receive any tokens.

This is cool af. Super interested to see if this project flops, or goes the way of Get Out

Tim Ferris podcast with the Master of Cryptocurrency was also a good listen.

◤IF YOU LIKE THIS YOU CAN...

I appreciate everyone's support and feedback. Much love.