Ontario Securities Commission Overturns Bitcoin Fund ...

Ontario Securities Commission research/survey concludes that 7% of residents of Ontario (Canada province) own Bitcoin and/or Ether. Prorata estimates: there are around 2.5 million Canadian Bitcoiners.

Ontario Securities Commission research/survey concludes that 7% of residents of Ontario (Canada province) own Bitcoin and/or Ether. Prorata estimates: there are around 2.5 million Canadian Bitcoiners. submitted by FrancisPouliot to Bitcoin [link] [comments]

Ontario Securities Commission research/survey concludes that 7% of residents of Ontario (Canada province) own Bitcoin and/or Ether. Prorata estimates: there are around 2.5 million Canadian Bitcoiners.

Ontario Securities Commission research/survey concludes that 7% of residents of Ontario (Canada province) own Bitcoin and/or Ether. Prorata estimates: there are around 2.5 million Canadian Bitcoiners. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Canadian Markets Regulator Gives 3iQ Green Light to Offer Bitcoin Fund

Canadian Markets Regulator Gives 3iQ Green Light to Offer Bitcoin Fund

Canadian investment fund manager 3iQ will now be able to offer Canadian retail investors a regulated, publicly-traded Bitcoin (BTC) fund.

Bitcoin fund available to retail investors by end of year

In an Oct. 30 press release, 3iQ announced that it had received a favorable ruling from the Ontario Securities Commission (OSC) in regard to its closed-end Bitcoin fund, which is expected to be available on a major Canadian stock exchange by the end of the year.
In February, Canada’s markets regulator ruled negatively on 3iQ’s proposal to launch its regulated Bitcoin fund. However, the Toronto-based 3iQ appealed the decision and ultimately won approval from the OCS to launch its BTC fund. 3iQ chief executive Fred Pye said:
“Over the past three years, we have worked actively with the OSC’s Investment Funds and Structured Products Branch to create an investment fund that we hope will allow retail investors the benefits of investing in Bitcoin through a regulated, listed fund.”
Pye, who previously worked as senior VP at Fidelity Investments Canada, told the Financial Post that retail investors will be able to buy and sell the Bitcoin fund through traditional and discount brokers. The investments will also be eligible for Canadian registered retirement savings plans and tax-free savings accounts.
Gemini, the New York-based cryptocurrency exchange and custodian founded in 2014 by twin brothers Cameron and Tyler Winklevoss, will act as custodian of the fund’s Bitcoins.

Canada is exploring digital currency

The Bank of Canada is reportedly exploring possible opportunities and challenges related to launching its own digital currency. The central bank purportedly believes that a public central bank digital currency could be the answer to the direct threat that cryptocurrencies apparently present.
submitted by Rajladumor1 to omgfin [link] [comments]

10 Reasons Why The Perfect Storm is Brewing for AION

The perfect storm is brewing for Aion to become a leader in the crypto space:
 
1. AIONEX, EDCON & CONSENSUS 2018 conferences have introduced AION to more people, developers & institutional investors than ever before. Matthew Spoke's performance on Consensus Interoperability Panel with Ripple, Polkadot & Litecoin left everlasting reactions & received the only applauses at the end of the Interoperability Panel.
AION's inaugural Dev conference AIONEX at Toronto on May 02, had 650 attendees. This is a record unseen by any other crypto's inaugural dev conference to date, compared to just 40 attendees at 1st Ethereum Devcon in 2014. And if Devcon grew to 350 attendees in 2015, it's not hard to see that the next AION Dev conference attendance will be in the thousands.
 
2. Token Swap from Aion ERC-20 to native Aion coins will soon be announced. The ETH-AION cross-chain bridge is already built & was showcased live on stage at AIONEX & EDCON, so it's only a matter of time before it's released.
 
3. US, Korean & Chinese exchanges are clearly waiting for the Token Swap to take place before they list native Aion coins rather than Aion ERC-20 tokens, they don't want to painstakingly swap ERC-20 tokens themselves as seen in ICON's token swap delay that's taking exchanges about 2-months & still not accomplished.
 
4. AION team has grown to 60 in-house team members in 4 different Aion offices in North America, Europe & Asia and plan to grow to 100 people by EOY. This is extremely rare in the crypto space & can only be compared to less than half a dozen of massive platform projects like CARDANO & EOS.
 
Aion GitHub activity is continuously ranked in top 10 platforms on Darpal Rating and CryptoMiso. Github activity, along with commits quality, are important metrics that get overlooked all the time when people compare Aion to other projects based on number of telegram users. Ethereum & Neo never even had telegram... Fat Protocol Ecosystems are not built by telegram hype but rather by worldwide Dev meetups & armies of developers that can build or contribute something that can change the world.
 
5. AION PR & Marketing are shifting into high gears now that the Mainnet is live. AIONEX, EDCON & CONSENSUS 2018 have put AION on the radar of the media. Matt Spoke is slowly becoming crypto's poster boy as seen on RBC's Disruptors Panel. It's only a matter of time before the mainstream media finds out about AION.
 
6. AION is introducing Real Technological Break-throughs with the first Cross-Chain bridge that completely moves tokens seamlessly between different blockchains using the Burn/Mint mechanism, unlike all Dapp platform projects since Ethereum that are still simple blockchain 2.0 platforms with no cross-chain capability or Atomic Swap projects that only transfer value between chains, but come with major limitations.
 
Another important point that gets forgotten in the Aion vs other interoperability projects is that Aion is all these 3 things at the same time:
 
AION is increasingly recognized as the leader of Interoperability —the holy grail of blockchain tech— that will solve scalability, privacy & isolation issues to unlock the true potential of Distributed Ledger Technologies. "This is the internet, decentralized."
 
7. METCALFE’s LAW states that the value of a network is proportional to the square of the number of connected users of the system (n2). This was proven repeatedly in the growth patterns of fat protocols like Bitcoin, Ethereum, Neo. Metcalfe’s Law favors interoperability projects even more, because Aion native tokens have utility far beyond the main Aion-1 blockchain:
 
8. Major AION Partners & Clients like Deloitte, TMX group (Canada's largest stock exchange), Moog Space & Defense Group, Vodafone, TD Bank, etc... are slowly moving their blockchain infrastructure to AION blockchain as they announced at AIONEX conference. This is taking place & growing the AION ecosystem while other Dapp platforms are rushing to parade their new Dapp ICOs that have little to no legitimate need for blockchain tech in the first place, but were rushed to launch ICOs to simply boast their Dapp numbers & suck more ICO funds from unsuspecting investors.
 
9. Future Partnerships will be relatively easy for AION to acquire given AION team's role as a founding board member of the Ethereum Enterprise Alliance, with the likes of Microsoft, Intel & JP Morgan (not just a regular EEA member like most other crypto projects) & the Blockchain Research Institute.
 
Aion cofounder Matthew Spoke has also strong credentials as the Fintech Advisor for the Ontario Securities Commission & Ministry of Finance and as a cofounder of the Muskoka Group along with the Tapscotts & Ethereum cofounder & ConsenSys founder Joeseph Lubin.
 
Not to mention Aion's unmatched advisory board from TMX group VP & Board of Directors and connections to Ethereum cofounders; Anthony Di lorio, Joeseph Lubin, Vitalik who's an advisor to Nuco.io & his father Dmitry Buterin who's an Angel investor in Nuco.io the company building Aion.
 
10. The TRS is coming to an end soon; however, the end of the token release schedule will slowly starts to get priced in long before the last release of Nov 2018; the date after which no more Aion will be released to public ever. Only mining/staking rewards will continue thereafter. The TRS also helps AION market cap climb up the MarketCap list with every release, adding to the increasing visibility & exposure that AION is getting.
 
People have seen what happened to fat protocols like Ethereum, Neo & Cardano, but it takes a special breed of people (and a bit of luck) to foresee why AION network interoperability will have a much bigger growth & impact potential on the entire crypto space. (This is not a financial advice. DYOR.)
submitted by Unleash-The-Kraken to ethtrader [link] [comments]

3iQ Enters For Bitcoin Fund Initial Public Offer In Canada

3iQ is one of the most prominent investment fund managers in Canada and once again, it is making news, not for anything bad though. The venture has entered its initial prospectus regarding its bitcoin fund. This is part of the goal for the initial public offering that it is planning, according to a release it made available on Thursday.

As reported on the 30th of October, the venture has been issued an initial approval which came from the Ontario Securities Commission. This will allow the enterprise to open the fund on the TSX Venture Exchange or even on the floor of the Toronto Stock Exchange later this year. One of the spokespersons of the venture clarified that the venture is working towards having its listing done on the Toronto Stock Exchange. Once that is in place, the plan is to start trading by the end of December or the beginning of January.

In order to ensure these goals are achieved, the venture has been in a long series of discussions with the regulatory body. These discussions have been going on for as much as three years and this was according to the same representative who made everything clear. The initial public offer is being spearheaded by Canaccord Genuity Corporation and it is targeted at providing unitholders with the option of bitcoin and regular price movement. All these are all related to the performance of digital currencies when measured against the United States dollar.

https://bitcoinexchangeguide.com/3iq-enters-for-bitcoin-fund-initial-public-offer-in-canada/
submitted by FastSellerService to BitcoinInfo [link] [comments]

Daily analysis of cryptocurrencies 20191024(Market index 20 — Extreme Fear state)

Daily analysis of cryptocurrencies 20191024(Market index 20 — Extreme Fear state)

https://preview.redd.it/6d04u60x3hu31.png?width=1917&format=png&auto=webp&s=96c45ea027355eb6060a104ffcf8c0e535dde6eb

Tencent Admits Facebook’s Libra A Threat To WeChat Pay Facebook’s Libra stablecoin would be a serious threat to WeChat Pay, the payment service’s parent company Tencent admitted in a recent blockchain whitepaper.In the newly released whitepaper, Tencent illustrated the effectiveness of Libra’s expansion strategy: “It’s a safe play resorting to the strategy of ‘encircling the cities from the rural areas,’ in which Libra could quickly enter markets with underdeveloped financial infrastructure, especially those that do not have a credible local currency of their own before it sets its foot in developed markets.” Tencent notes that — if launched — there is no doubt that Libra will have a significant impact on the payments industry and finance in general.
Venezuelan President Approves Petro-To-Fiat Trades, Will Provide Stores With Crypto Pay Tech Venezuelan president Nicolás Maduro has authorized Petro-to-fiat trading and says his government will provide the necessary technology to all business holders in the country who want to start accepting crypto pay. Maduro also states that he will“surprise” Venezuelans “in the coming weeks” with new economic measures related to the digital economy and cryptocurrencies. Last week, he announced the government would begin handing out USD 3.6 million worth of Petro tokens to state authorities in bi-monthly handouts. The Petro is the Venezuelan state’s own, oil-backed cryptocurrency.
Ontario Regulator Lets Security Token Startup Test Secondary Trading The Ontario Securities Commission (OSC) is allowing a tokenization startup to facilitate secondary-market trading of its tokens by giving the firm regulatory relief for a short time. TokenGX, an affiliate of TokenFunder, has been given the green light to pilot the project to gather data on secondary-market trading, according to an OSC filing. The trading would help TokenFunder, a startup that helps other firms raise funds through token sales, provide liquidity for investors, the regulator said.
Belarusian Bank Was Approved To Service Crypto Investors According to Bitcoin.com, a bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic zone has already become home to many crypto businesses.

Encrypted project calendar(October 24, 2019)

BCN/Bytecoin: Bytecoin (BCN) released the hidden amount of the Bytecoin block network on October 24. Horizen (ZEN): 24 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA. ANT/Aragon: Aragon (ANT) Aragon Network will hold the theme “DAO: ICO and DeFi next step” in Hong Kong on October 24th? DATA/Streamr DATAcoin: Streamr DATAcoin (DATA) Streamr Network Technology Exchange and Project Development Conference will be held in London on October 24th. Lisk (LSK): 24 October 2019 Coding Workshop — Berlin “During this workshop you will acquire the skills to create custom transactions with the Lisk Alpha SDK using Node.js.” BTU Protocol (BTU): 24 October 2019 Africa IT Expo “Our co-founder @vidal007 will be speaking at upcoming @africa_aitex [African IT Expo] held in #Rabat #Morocco on 24th of October.” Matrix AI Network (MAN): 24 October 2019 YouTube AMA YouTube AMA from 3PM, October 24 (GMT+8). Utrum (OOT): 24 October 2019 AtomicDex Listing “We are pleased to announce that Utrum coin OOT is getting listed on Komodo Platform Decentral Exchange — AtomicDEX. “

Encrypted project calendar(October 25, 2019)

ADA/Cardano: Cardano (ADA) The Ada community will host a community gathering in the Dominican Republic for the first time on October 25. Crypto.com Coin (CRO): 25 October 2019 Live AMA with CEO “Live AMA with our CEO @Kris_HK on @cryptocom’s Twitter next Friday, 25 October, 11AM HKT.” GST/GSTCOIN: GSTCOIN(GST)LBank will be online GST on October 25, 2019 at 16:00 (UTC+8), open trading pair: GST/USDT, GST/ETH.

Encrypted project calendar(October 26, 2019)

KAT/Kambria: Kambria (KAT) Kambria will host the 2019 Southern California Artificial Intelligence and Data Science Conference in Los Angeles on October 26th with IDEAS. BTC/Bitcoin: CoinAgenda Global Summit will be held in Las Vegas from October 26th to 28th Horizen (ZEN): 26 October 2019 (or earlier) ZEN 2.0.19 Upgrade Zen 2.0.19 upgrade at block #610000, which is expected around October 26.

Encrypted project calendar(October 27, 2019)

ICON (ICX): 27 October 2019 Money 20/20 USA Event Money 20/20 USA in Las Vegas from October 27–30.

Encrypted project calendar(October 28, 2019)

LTC/Litecoin: Litecoin (LTC) 2019 Litecoin Summit will be held from October 28th to October 29th in Las Vegas, USA BTC/Bitcoin: Mt.Gox changes the debt compensation plan submission deadline to October 28 ZEC/Zcash: Zcash (ZEC) will activate the Blossom Agreement on October 28th Stellar (XLM): 28 October 2019 Protocol 12 Upgrade Vote Horizon v0.22.0 has been released, which supports Protocol 12. This gives everyone ample time to prepare for the Protocol 12 upgrade vote Celsius (CEL) and 3 others: 28 October 2019 Litecoin Summit “…The Litecoin Summit offers two fun, jam-packed days with something for everyone.” XFOC (XFOC): The IDAX platform will be online XFOC and will open the XFOC/USDT trading pair at 13:00 on October 28. MEDIUM (MDM): The IDAX platform lists MDM and will open MDM/BTC trading pairs on October 28th at 15:00. ZB/ ZB Blockchain: The “2019 Hamburg Intercontinental Dialogue Conference” hosted by ZB.com will be held from October 28th to November 9th at the Four Seasons Hotel Hamburg, Germany. BQT (BQTX): 28 October 2019 Down for Maintenance BQTX.com will be down for maintenance on the 28th of October from 7 to 12am UTC.

Encrypted project calendar(October 29, 2019)

BTC/Bitcoin: The 2nd World Encryption Conference (WCC) will be held in Las Vegas from October 29th to 31st. ICON (ICX): 29 October 2019 Decentralization “As a result, the decentralization schedule of the ICON Network has been changed from September 24, 2019 to October 29, 2019.” Ark (ARK): and 10 others 29 October 2019 WCC 2019 Second annual Blockchain and Cryptocurrency Technology event, World Crypto Conference (WCC), October 29th — October 31, 2019. Insifa (ISF): 29 October 2019 Prototype Alpha “We from Insifa have decided to be more open. Our Prototype will be developed in scrum. This means new releases every two weeks.”

Encrypted project calendar(October 30, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 30th at the University of Southern California in Los Angeles on the topic “How to store data on IOTA Tangle.” TRON (TRX): 30 October 2019 SFBW19 Afterparty “TRON Official SFBW19 Afterparty from 7–10:30 PM in San Francisco.” Horizen (ZEN): 30 October 2019 Horizen Quarterly Update Join our first Quarterly Update on October the 30th at 5 PM UTC/ 1 PM EST. Deeper look into Engineering, BD, Marketing, and more. Aeternity (AE): 30 October 2019 Hardfork “The third hardfork of the æternity Mainnet is scheduled for October 30, 2019.” Valor Token (VALOR): 30 October 2019 Transaction Fees Resume “It’s September and the SMART VALOR Platform is still waiving transaction fees for all members, until October 30th!” Aragon (ANT): 30 October 2019 Singapore Meetup “Aragon on DAOs and DeFi” from 6:30–8:30 PM. Kambria (KAT): 30 October 2019 Outliers Hashed Awards Outliers Hashed awards from October 30–31. Ethereum Classic (ETC): 30 October 2019 Cohort Demo Day “ETC Labs hosts it’s 2nd Cohort Demo Day. Learn about the companies and project being accelerated through the Ethereum Classic ecosystem.”

Encrypted project calendar(October 31, 2019)

Spendcoin (SPND): 31 October 2019 (or earlier) Cross Ledger Mainnet “Cross Ledger Mainnet Release and SPND Token Swap,” during October 2019. Spendcoin (SPND): 31 October 2019 (or earlier) Blkchn University Beta “Blockchain University Beta goes live,” during October 2019. Stellar (XLM): 31 October 2019 (or earlier) Minor Release “We will have 6 Minor Releases in 2019; one each in February, March, May, June, August, and October.” Bitcoin SV (BSV): 31 October 2019 (or earlier) BSV Conference Seoul No additional information. Seele (SEELE): 31 October 2019 (or earlier) Public Network Mainne launch has been moved to Oct 31 . Howdoo (UDOO): 31 October 2019 (or earlier) Howdoo Live on Huawei Howdoo begins its exciting partnership with Huawei with listing as a featured app starting in October. Chiliz (CHZ): 31 October 2019 (or earlier) App Soft Launch Soft launch of Socios App by end of October. Dent (DENT): 31 October 2019 (or earlier) Loyalty Program “Afterburner loyalty program launch for all 21,6 Million mobile #DENT users will be in October!” IceChain (ICHX): 31 October 2019 (or earlier) Wallet Release IceChain releases wallet during October. Chiliz (CHZ): 31 October 2019 (or earlier) New Partnerships New sports and new teams joining Socios (+more updates and events) will be announced in the upcoming weeks. Horizen (ZEN): 31 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA. PCHAIN (PI): 31 October 2019 (or earlier) New Website No additional information. IOST (IOST): 31 October 2019 (or earlier) New Game on IOST “Eternal Fafnir, a new role-playing game developed by INFUN is coming to you in Oct.” Achain (ACT): 31 October 2019 Mainnet 2.0 Launch “… The main network is officially scheduled to launch on October 31.” Mithril (MITH):31 October 2019 Burn “MITH burn will take place on 2019/10/31 2pm UTC+8. “ Aergo (AERGO): 31 October 2019 (or earlier) Aergo Lite V1.0 Release AergoLite, which brings blockchain compatibility to billions of devices using SQLite, released during October 2019. TE-FOOD (TFD): 31 October 2019 (or earlier) Complementary Product “Development of a new, complementary product with a new partner, which we hope to be launched in September-October.” Edge (DADI): 31 October 2019 (or earlier) Full Open Source Code base for the network fully open-sourced in September or October. BlockStamp (BST): 31 October 2019 (or earlier) ASIC Miner Prototype In orderr to ensure BlockStamps continued decentralization, we will release a BST ASIC miner for testing. Perlin (PERL): 31 October 2019 (or earlier) SSA Partnership “Perlin has partnered with the Singapore Shipping Association to create the International E-Registry of Ships (IERS)” Skrumble Network (SKM): 31 October 2019 (or earlier) Exchange Release “3rd dApp: Exchange Release,” during October 2019. EDC Blockchain (EDC): 31 October 2019 (or earlier) Blockchain Marketplace “As you already know, our ECRO blockchain marketplace is ready for release, and will open to the global community in October!” BlockStamp (BST): 31 October 2019 (or earlier) ASIC Miner Prototype In orderr to ensure BlockStamps continued decentralization, we will release a BST ASIC miner for testing. XinFin Network (XDCE): 31 October 2019 Homebloc Webinar “XinFin — Homebloc Webinar 2019” from 9–10 PM. Akropolis (AKRO): 31 October 2019 (or earlier) Alpha Release “Delivers the initial mainnet implementation of protocol. All building blocks will be united to one product.” Hyperion (HYN): 31 October 2019 (or earlier) Economic Model The final version of the HYN Economic Model launches in October.

Encrypted project calendar(November 1, 2019)

INS/Insolar: The Insolar (INS) Insolar wallet and the redesigned Insolar Block Explorer will be operational on November 1, 2019. VeChain (VET):”01 November 2019 BUIDLer Reunion Party BUIDLer Reunion Party in San Francisco from 8–11 PM. uPlexa (UPX): 01 November 2019 Steadfast Storm — PoS/PoW split (Utility nodes ie. master nodes) — Upcoming Anonymity Network much like TOR — Privacy-based DApps — Reduced network fees. Enjin Coin (ENJ): 01 November 2019 MFT Binding “ICYMI: On Enjin Coin’s 2nd anniversary (November 1), Enjin MFTs will be bound to hodlers’ blockchain addresses…” Auxilium (AUX):01 November 2019 AUX Interest Distribution Monthly interest distribution by Auxilium Interest Distribution Platform for coinholders. Also supports charity. Havy (HAVY):01 November 2019 Token Buyback “Havy tokens buyback, Only in 1 exchange between Idex, Mercatox & Hotbit. The exchange depends on the most lower sell wall.”

Encrypted project calendar(November 2, 2019)

Kambria (KAT): 02 November 2019 VietAI Summit 2019 Kambria joins forces with VietAI for the annual VietAI Summit, with top experts from Google Brain, NVIDIA, Kambria, VietAI, and more!

Encrypted project calendar(November 4, 2019)

Stellar (XLM): 04 November 2019 Stellar Meridian Conf. Stellar Meridian conference from Nov 4–5 in Mexico City. Cappasity (CAPP): 04 November 2019 Lisbon Web Summit Lisbon Web Summit in Lisbon, Portugal from November 4–7.

Encrypted project calendar(November 5, 2019)

Nexus (NXS): 05 November 2019 Tritium Official Release “Remember, Remember the 5th of November, the day Tritium changed Distributed Ledger. Yes, this is an official release date.” NEM (XEM): 05 November 2019 Innovation Forum — Kyiv NEM Foundation Council Member Anton Bosenko will be speaking in the upcoming International Innovation Forum in Kyiv on November 5, 2019.

Encrypted project calendar(November 6, 2019)

STEEM/Steem: The Steem (STEEM) SteemFest 4 conference will be held in Bangkok from November 6th to 10th. KIM/Kimcoin: Kimcoin (KIM) Bitfinex will be online at KIM on November 6, 2019 at 12:00 (UTC).

Encrypted project calendar(November 7, 2019)

XRP (XRP): 07 November 2019 Swell 2019 Ripple hosts Swell from November 7th — 8th in Singapore. BTC/Bitcoin: Malta The A.I. and Blockchain summit will be held in Malta from November 7th to 8th.

Encrypted project calendar(November 8, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th. IOTX/IoTeX: IoTex (IOTX) will participate in the CES Expo on November 08

Encrypted project calendar(November 9, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.

Encrypted project calendar(November 11, 2019)

PAX/Paxos Standard: Paxos Standard (PAX) 2019 Singapore Financial Technology Festival will be held from November 11th to 15th, and Paxos Standard will attend the conference.

Encrypted project calendar(November 12, 2019)

BTC/Bitcoin: The CoinMarketCap Global Conference will be held at the Victoria Theatre in Singapore from November 12th to 13th

Encrypted project calendar(November 14, 2019)

BTC/Bitcoin: The 2019 BlockShow Asia Summit will be held at Marina Bay Sands, Singapore from November 14th to 15th.

This week, bitcoin failed to clear the $8,300 resistance area against the US Dollar. BTC price started a fresh decline and broke many support near the $8,000 handle.
As a result, the bears took control and the price dived more than 8% in the past three sessions. It broke the $7,800 and $7,600 supports levels. Moreover, there was a clear break below $7,500 and the price settled below the 100 hourly simple moving average.
Finally, a new monthly low was formed near $7,302 and the price is currently correcting higher. It recovered above the $7,400 level, plus the 23.6% Fib retracement level of the recent decline from the $8,021 high to $7,302 low.
At the moment, the price is consolidating above the $7,400 and is facing hurdles. An immediate resistance is near the $7,440 level. Additionally, there are two connecting bearish trend lines forming with resistance near $7,450 and $7,660 on the hourly chart of the BTC/USD pair.
Review previous articles: https://medium.com/@to.liuwen

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The Bitcoin Fund will be listed on the largest stock exchange of Canada

The Bitcoin Fund will be listed on the largest stock exchange of Canada
The Canadian company 3IQ Corp received a positive response from the Ontario Securities Commission (OSC) regarding the listing of The Bitcoin Fund investment fund on the country's major stock exchange.
https://preview.redd.it/4hp8kb6673w31.png?width=860&format=png&auto=webp&s=cd07ee3a67bd553a8db24a56debcf65e8bfb89d1
The Bitcoin Fund will allow customers to make long-term investments in bitcoins received from third-party companies, including cryptocurrency exchanges. 3IQ Corp expects the tool to be available by the end of the year.
The structure of the fund, limiting the early withdrawal of funds, makes capital available for investment in assets that cannot be acquired through ordinary mutual funds. Fund investors are allowed to withdraw assets once a year with full value or monthly with payment of a commission.
The cryptocurrency exchange Gemini will be the keeper of the new fund of bitcoins.
This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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Kik is shutting down. In Drunken Text, Kik CEO Ted Livingston Threatens to Quit: 'I'm Not Going to Jail for This' and appears to be close to quitting the social messaging startup he founded in 2009.

This is the best tl;dr I could make, original reduced by 53%. (I'm a bot)
Kik CEO Ted Livingston appears to be close to quitting the social messaging startup he founded in 2009 following news Monday that the app is shutting down.
The planned recipient of Livingston's message is unclear, although in the text it's suggested to be Kik board member William Mougayar.
The Ontario-based Kik has been in a protracted battle with the U.S. Securities and Exchange Commission over the company's $100 million initial coin offering in 2017.
A damning SEC complaint filed in June painted the company's ICO as a last-ditch effort by Kik to stay afloat.
Earlier Monday, Kik announced the regulatory proceedings had taken their toll on the company and that its flagship messaging service would be shut down.
Livingston announced that Kik plans to downsize to 19 core developers to continue the development of Kik's native token, KIN. Kik CEO Ted Livingston image via YouTube/Kin Ecosystem Foundation.
Summary Source | FAQ | Feedback | Top keywords: Kik#1 Livingston#2 message#3 company#4 Ted#5
Post found in /news, /KinFoundation, /AllThingsCrypto, /Bitcoin_Future, /BestBitcoinNews and /CryptoTrading24.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
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10 Reasons Why The Perfect Storm is Brewing for AION

The perfect storm is brewing for Aion to become a leader in the crypto space:
 
1. AIONEX, EDCON & CONSENSUS 2018 conferences have introduced AION to more people, developers & institutional investors than ever before. Matthew Spoke's performance on Consensus Interoperability Panel with Ripple, Polkadot & Litecoin left everlasting reactions & received the only applauses at the end of the Interoperability Panel.
AION's inaugural Dev conference AIONEX at Toronto on May 02, had 650 attendees. This is a record unseen by any other crypto's inaugural dev conference to date, compared to just 40 attendees at 1st Ethereum Devcon in 2014. And if Devcon grew to 350 attendees in 2015, it's not hard to see that the next AION Dev conference attendance will be in the thousands.
 
2. Token Swap from Aion ERC-20 to native Aion coins will soon be announced. The ETH-AION cross-chain bridge is already built & was showcased live on stage at AIONEX & EDCON, so it's only a matter of time before it's released.
 
3. US, Korean & Chinese exchanges are clearly waiting for the Token Swap to take place before they list native Aion coins rather than Aion ERC-20 tokens, they don't want to painstakingly swap ERC-20 tokens themselves as seen in ICON's token swap delay that's taking exchanges about 2-months & still not accomplished.
 
4. AION team has grown to 60 in-house team members in 4 different Aion offices in North America, Europe & Asia and plan to grow to 100 people by EOY. This is extremely rare in the crypto space & can only be compared to less than half a dozen of massive platform projects like CARDANO & EOS.
 
Aion GitHub activity is continuously ranked in top 10 platforms on Darpal Rating and CryptoMiso. Github activity, along with commits quality, are important metrics that get overlooked all the time when people compare Aion to other projects based on number of telegram users. Ethereum & Neo never even had telegram... Fat Protocol Ecosystems are not built by telegram hype but rather by worldwide Dev meetups & armies of developers that can build or contribute something that can change the world.
 
5. AION PR & Marketing are shifting into high gears now that the Mainnet is live. AIONEX, EDCON & CONSENSUS 2018 have put AION on the radar of the media. Matt Spoke is slowly becoming crypto's poster boy as seen on RBC's Disruptors Panel. It's only a matter of time before the mainstream media finds out about AION.
 
6. AION is introducing Real Technological Break-throughs with the first Cross-Chain bridge that completely moves tokens seamlessly between different blockchains using the Burn/Mint mechanism, unlike all Dapp platform projects since Ethereum that are still simple blockchain 2.0 platforms with no cross-chain capability or Atomic Swap projects that only transfer value between chains, but come with major limitations.
 
Another important point that gets forgotten in the Aion vs other interoperability projects is that Aion is all these 3 things at the same time:
 
AION is increasingly recognized as the leader of Interoperability —the holy grail of blockchain tech— that will solve scalability, privacy & isolation issues to unlock the true potential of Distributed Ledger Technologies. "This is the internet, decentralized."
 
7. METCALFE’s LAW states that the value of a network is proportional to the square of the number of connected users of the system (n2). This was proven repeatedly in the growth patterns of fat protocols like Bitcoin, Ethereum, Neo. Metcalfe’s Law favors interoperability projects even more, because Aion native tokens have utility far beyond the main Aion-1 blockchain:
 
8. Major AION Partners & Clients like Deloitte, TMX group (Canada's largest stock exchange), Moog Space & Defense Group, Vodafone, TD Bank, etc... are slowly moving their blockchain infrastructure to AION blockchain as they announced at AIONEX conference. This is taking place & growing the AION ecosystem while other Dapp platforms are rushing to parade their new Dapp ICOs that have little to no legitimate need for blockchain tech in the first place, but were rushed to launch ICOs to simply boast their Dapp numbers & suck more ICO funds from unsuspecting investors.
 
9. Future Partnerships will be relatively easy for AION to acquire given AION team's role as a founding board member of the Ethereum Enterprise Alliance, with the likes of Microsoft, Intel & JP Morgan (not just a regular EEA member like most other crypto projects) & the Blockchain Research Institute.
 
Aion cofounder Matthew Spoke has also strong credentials as the Fintech Advisor for the Ontario Securities Commission & Ministry of Finance and as a cofounder of the Muskoka Group along with the Tapscotts & Ethereum cofounder & ConsenSys founder Joeseph Lubin.
 
Not to mention Aion's unmatched advisory board from TMX group VP & Board of Directors and connections to Ethereum cofounders; Anthony Di lorio, Joeseph Lubin, Vitalik who's an advisor to Nuco.io & his father Dmitry Buterin who's an Angel investor in Nuco.io the company building Aion.
 
10. The TRS is coming to an end soon; however, the end of the token release schedule will slowly starts to get priced in long before the last release of Nov 2018; the date after which no more Aion will be released to public ever. Only mining/staking rewards will continue thereafter. The TRS also helps AION market cap climb up the MarketCap list with every release, adding to the increasing visibility & exposure that AION is getting.
 
People have seen what happened to fat protocols like Ethereum, Neo & Cardano, but it takes a special breed of people (and a bit of luck) to foresee why AION will have a much bigger growth & impact potential on the entire crypto space. (This is not a financial advice. DYOR.)
submitted by Unleash-The-Kraken to AionNetwork [link] [comments]

A Look at DCG & Bitfury's Incestuous Ties With the U.S. Government

Peter Todd Tweet in 2014: https://archive.is/vKZ9C
[email protected] I gotta say, looks really bad legally how Austin Hill's been negotiating deals w/ pools/etc. to get control of hashing power.
Board of Digital Currency Group
Glenn Hutchins
Advisory Board
Larry Summers
DCG of course is an investor in both Blockstream and BTCC.
DCG's money comes from:
DCG also owns Coindesk.
BTCC and Bitfury are the only two large mining pools who are outspoken in their support of Bitcoin Core.
The Bitfury Group Leadership to Present at Clinton Global Initiative (https://archive.is/MWKee)
Full Video (Begins at 32:00)
“The Bitfury Group is proud to be the world’s leading full service Blockchain technology company, we are deeply honored to represent this innovation to an audience of extremely dedicated game-changers, and we look forward to highlighting our company’s groundbreaking ‘Blockchain for global good’ work at such an important event, said Smith. “From the White House to the Blockchain, I know this technology has the power to deliver inclusion and opportunity to millions, if not billions, of people around the world and I am so grateful to work for a company focused on such a principled vision.”
Bitfury Lightning Implementation
  • In partnership with a French firm called ACINQ (http://acinq.co)
  • ACINQ is a subsidiary of the larger ACINQ Financial Services
  • CoinTelegraph: Bitfury Lightning Network Successfully Tested With French Bitcoin Company
  • TEAM: https://archive.is/Q5CNU
  • ACINQ’s US Headquarters is in Vienna, Virginia, a small town of only 16,000. Why would a global financial firm choose to locate here? -- Feeder community into Washington, D.C. Has an orange line metro stop. -- Located in Fairfax County, VA. -- The US Federal Government is the #2 largest employer -- Booz Allen Hamilton (NSA front company) is #6 largest employer -- In fact, most of the top employers in Fairfax County are either US Federal Gov’t or companies that provide services to Federal Government -- The county is home to the headquarters of intelligence agencies such as the Central Intelligence Agency, National Geospatial-Intelligence Agency, and National Reconnaissance Office, as well as the National Counterterrorism Center and Office of the Director of National Intelligence.
Chairman: Avinash Vashistha
CEO: Chaman Baid
CSO: Nandan Setlur
  • https://www.linkedin.com/in/nandansetlur https://archive.is/wp3L0
  • From 1986-1993 he worked for Information Management Consultants (imc) Ltd as a Technical Consultant with various federal government agencies. McLean, Virginia
  • 1993-2000 Technical Consultant for Freddie Mac, in McLean Virginia
  • From 2000-2007, President of InterPro Global in Maryland
  • From 2011-2012, Director of VibbleTV in Columbia, Maryland
  • From 2008-Present has been Executive Director at ACINQ and Managing Partner at Vine Management, both in Vienna, Virginia.
BitFury Enhances Its Advisory Board by Adding Former CFTC Chairman Dr. James Newsome and Renowned Global Thought Leader and President of the Institute for Liberty and Democracy Hernando de Soto (Businesswire)
Bitfury Board of Directors
Robert R Dykes
The other board members include two Bitfury founders, and an investor.
Bitfury Advisory Board
James Newsome
  • Ex-chairman of CFTC
  • Dr. Newsome was nominated by President Clinton and confirmed by the Senate to be at first a Commissioner and later a Chairman of CFTC. As Chairman, Newsome guided the regulation of the nation’s futures markets. Additionally, Newsome led the CFTC’s regulatory implementation of the Commodity Futures Modernization Act of 2000 (CFMA). He also served as one of four members of the President’s Working Group for Financial Markets, along with the Secretary of the Treasury and the Chairmen of the Federal Reserve and the SEC. In 2004, Newsome assumed the role of President and Chief Executive Officer of the New York Mercantile Exchange (NYMEX) where he managed daily operations of the largest physical derivatives exchange in the world. Dr. Newsome is presently a founding partner of Delta Strategy Group, a full-service government affairs firm based in Washington, DC.
Hernando de Soto
  • Hernando de Soto heads the Institute for Liberty and Democracy, named by The Economist one of the two most important think tanks in the world. In the last 30 years, he and his colleagues at the ILD have been involved in designing and implementing legal reform programs to empower the poor in Africa, Asia, Latin America, the Middle East, and former Soviet nations by granting them access to the same property and business rights that the majority of people in developed countries have through the institutions and tools needed to exercise those rights and freedoms. Mr. de Soto also co-chaired with former US Secretary of State Madeleine Albright the Commission on Legal Empowerment of the Poor, and currently serves as honorary co-chair on various boards and organizations, including the World Justice Project. He is the author of “The Other Path: the Economic Answer to Terrorism”, and his seminal work “The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else.”
  • Frequent attendee at Davos World Economic Forum
  • Frequent Speaker @ Clinton Global Initiative http://www.dailymotion.com/video/x2ytfrs https://archive.is/MWKee
  • Criticisms: -- In his 'Planet of Slums'[104] Mike Davis argues that de Soto, who Davis calls 'the global guru of neo-liberal populism', is essentially promoting what the statist left in South America and India has always promoted—individual land titling. Davis argues that titling is the incorporation into the formal economy of cities, which benefits more wealthy squatters but is disastrous for poorer squatters, and especially tenants who simply cannot afford incorporation into the fully commodified formal economy. -- An article by Madeleine Bunting for The Guardian (UK) claimed that de Soto's suggestions would in some circumstances cause more harm than benefit, and referred to The Mystery of Capital as "an elaborate smokescreen" used to obscure the issue of the power of the globalized elite. She cited de Soto's employment history as evidence of his bias in favor of the powerful. https://www.theguardian.com/business/2000/sep/11/imf.comment http://www.slate.com/articles/news_and_politics/hey_wait_a_minute/2005/01/the_de_soto_delusion.html
Tomicah Tilleman
  • https://en.wikipedia.org/wiki/Tomicah_Tillemann
  • Dr. Tomicah Tillemann is Director of the Bretton Woods II initiative. The initiative brings together a variety of long-term investors, with the goal of committing 1% of their assets to social impact investment and using investments as leverage to encourage global good governance. Tillemann served at the U.S. State Department in 2010 as the Senior Advisor on Civil Society and Emerging Democracies to Secretary Hillary Clinton and Secretary John Kerry. Tillemann came to the State Department as a speechwriter to Secretary Clinton in March 2009. Earlier, he worked for the Senate Foreign Relations Committee, where he was the principal policy advisor on Europe and Eurasia to Committee Chairmen, Senators Joe Biden and John Kerry. He also facilitated the work of the Senate's Subcommittee on European Affairs, then chaired by Senator Barack Obama. Tillemann received his B.A. magna cum laude from Yale University. He holds a Ph.D. with distinction from the School for Advanced International Studies at Johns Hopkins University (SAIS) where he also served as a graduate level instructor in American foreign policy. http://live.worldbank.org/node/8468 https://archive.is/raDHA
  • Secretary Clinton appointed Tomicah Tillemann, Ph.D. as the State Department’s Senior Advisor for Civil Society and Emerging Democracies in October 2010. He continues his service under Secretary Kerry.
  • Mr. Tillemann and his team operate like venture capitalists, identifying ideas that can strengthen new democracies and civil society, and then bring together the talent, technology and resources needed to translate promising concepts into successful diplomacy. He and his team have developed over 20 major initiatives on behalf of the President and Secretary of State.
  • Mr. Tillemann came to the State Department as a speechwriter to Secretary Clinton in March 2009 and collaborated with her on over 200 speeches. Earlier, he worked for the Senate Foreign Relations Committee, where he was the principal policy advisor on Europe and Eurasia to Committee Chairmen, Senators Joe Biden and John Kerry. He also facilitated the work of the Senate's Subcommittee on European Affairs, then chaired by Senator Barack Obama. Mr. Tillemann’s other professional experience includes work with the White House Office of Media Affairs and five U.S. Senate and Congressional campaigns. He was a reporter with Reuters New Media and hosted a commercial radio program in Denver, Colorado. http://m.state.gov/md160354.htm https://www.newamerica.org/our-people/tomicah-tillemann/ https://archive.is/u2yF0
  • Director of “Bretton Woods II” initiative at New America Foundation Bretton Woods was an international summit that led to the creation of the IMF and the IBRD, one of five members of The World Bank
Jamie Smith
Jason Weinstein
Paul Brody (no longer appears on site, and his LinkedIn has no mention of Bitfury, but he is mentioned in a Press Release
  • https://www.linkedin.com/in/pbrody
  • Ernst & Young since 2015 as “Americas Strategy Leader”, “Global Innovation Leader”, and “Solution Leader”
  • Prior to E&Y, he was an executive at IBM since 2002
New America Foundation
Muskoka Group
[note: this is worthy of much more research]
  • https://www.bloomberg.com/news/articles/2016-08-29/blockchain-s-backers-embark-on-campaign-to-improve-its-image
  • Don Tapscott, co-author of the book “Blockchain Revolution,” hosted the meeting with his son and co-author Alex Tapscott at his family’s summer compound in Lake of Bays, Ontario. The group included some of blockchain’s biggest backers, including people with ties to IBM and JPMorgan. They considered ways to improve the governance and oversight of the technology behind the digital currency bitcoin as a way to fuel the industry’s growth. They included Jim Zemlin, executive director of the Linux Foundation; Brian Behlendorf, executive director of the Hyperledger Project, a blockchain supporter group that includes International Business Machines Corp., Airbus Group SE and JPMorgan Chase & Co.; and Ana Lopes, board member of the World Wide Web Foundation. Participants with blockchain industry ties include former deputy White House press secretary Jamie Smith, now chief global communications officer of BitFury Group Ltd., and Joseph Lubin, founder of startup Consensus Systems.
Blockchain Delegation Attends Democratic National Convention https://archive.is/k16Nu
Attendees:
Jamie Smith — The Bitfury Group & Blockchain Trust Accelerator Tomicah Tillemann— New America Foundation & Blockchain Trust Accelerator Alex Tapscott— co-author: Blockchain Revolution Brian Forde — MIT, Digital Currency Initiative
Brian Forde
  • Was the founding director of the MIT Digital Currency Initiative -Left his 4 year post as White House Senior Advisor for Mobile and Data Innovation to go directly to the MIT DCI
  • Brian Forde has spent more than a decade at the nexus of technology, entrepreneurship, and public policy. He is currently the Director of Digital Currency at the MIT Media Lab where he leads efforts to mainstream digital currencies like Bitcoin through research, and incubation of high-impact applications of the emerging technology. Most recently he was the Senior Advisor for Mobile and Data Innovation at the White House where he spearheaded efforts to leverage emerging technologies to address the President’s most critical national priorities. Prior to his work at the White House, Brian founded one of the largest phone companies in Nicaragua after serving as a business and technology volunteer in the Peace Corps. In recognition of his work, Brian was named a Young Global Leader by the World Economic Forum and one of the ten most influential people in bitcoin and blockchain. https://www.linkedin.com/in/brianforde https://archive.is/WjEGU
Alex Tapscott
World Economic Forum
  • Strategic Partners: https://www.weforum.org/about/strategic-partners
  • Includes Accenture (See Avinash Vashistha), Allianz, Deloitte (Scaling Bitcoin platinum sponsor, Blockstream Partner), Citigroup, Bain & Company (parent of Bain Capital, DCG investor), Dalian Wanda Group (working on blockchain technology), Ernst & Young (see Paul Brody), HSBC (Li-Ka Shing, Blockstream investor, used to be Deputy Chairman of HSBC), IBM, KPMG International, Mastercard (DCG Investor), PwC (Blockstream partner, also sponsor of Scaling Bitcoin)
  • Future of Financial Services Report [PDF] The word “blockchain” is mentioned once in this document, on page 23 (http://i.imgur.com/1SxyneJ.png): We have identified three major challenge areas related to innovation in financial services that will require multi-stakeholder collaboration to be addressed effectively. We are launching a project stream related to each area, with the goal of enabling tangible impact.... Decentralised systems, such as the blockchain protocol, threaten to disintermediate almost every process in financial services
  • The Steering Group who authored the report is a who’s who of the global financial elite. (Pages 4 & 5) http://i.imgur.com/fmYc1bO.png http://i.imgur.com/331FaX6.png
Bitfury Washington DC Office
Washington DC Office 600 Pennsylvania Avenue Suite 300 Washington, D.C. 20003
http://bitfury.com/contacts https://archive.is/ugvII
Bitfury Chosen for Ernst & Young Blockchain Startup Challenge
Deloitte Unveils Plan to Build Blockchain-Based Digital Bank http://www.consultancy.uk/news/12237/deloitte-unveils-plan-to-build-blockchain-based-digital-bank https://archive.is/UJ8Q5
submitted by 5zh8FoCiZ to btc [link] [comments]

Blockchain Entrepreneur, Ontario Regulators Seek Settlement in Namedrop Scandal

Blockchain Entrepreneur, Ontario Regulators Seek Settlement in Namedrop Scandal
The Ontario Securities Commission (OSC) along with blockchain corporation NextBlock Global Limited and its CEO Alex Tapscott, have filed for a public settlement hearing on May 9.

Tapscott and NextBlock were previously accused by the OSC Staff of the Commission of misleading prospective investors during a funding round that reportedly “raised approximately $20 million from 113 accredited investors.”

Investors were allegedly shown investor slide decks that falsely portrayed various well-known figures in the blockchain industry as NextBlock advisors. NextBlock allegedly did not inform the individuals that they were being purported as advisors to the project.

As previously reported by Cointelegraph, Tapscott returned funds to Nextblock investors shortly after Forbes revealed the investor slide debacle at the end of 2017. According to the aforementioned expose, Kathryn Haun, Vinny Lingham, Vitalik Buterin and Karen Gifford — who were pictured in the investor slide decks — all spoke to Forbes and denied being Nextblock advisors.

The upcoming hearing — set for May 13 — will determine whether an agreement reached between the Staff of the Commission and NextBlock on April 9 will be approved by the OSC.

Earlier this year, the OSC told Canadian media that it was “looking into” the cryptocurrency exchange QuadrigaCX, which sought creditor protection after the death of its founder resulted in the loss of millions of dollars worth of customer funds.

Trade Bitcoin and other cryptocurrencies with up to 100x leverage. Fast execution, low fees,available only on Bitseven

https://preview.redd.it/um5cc1hbgax21.png?width=577&format=png&auto=webp&s=5961a1c39667eaae11e861a25c28222a79204ec2
submitted by Bitcoin_Exchange7 to u/Bitcoin_Exchange7 [link] [comments]

Cryptocurrency Weekly Recap

submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Cryptocurrencies continue to slide with Bloomberg Digital Assets 10 Index now down 80% YTD, surpassing the Nasdaq Composite’s drop during dot-com bubble in CY2000

Sources:
https://www.ccn.com/decentralized-crypto-trading-platform-airswap-strikes-deal-to-tokenize-ny-real-estate-market/ https://www.newsbtc.com/2018/09/12/alive-play-casino-offers-vr-online-gambling-experience-on-blockchain-launches-exclusive-private-sale/ https://www.ccn.com/australian-blockchain-delegation-heads-to-china-to-foster-fintech-ties/ https://www.coindesk.com/major-crypto-companies-form-dc-lobbying-group/ https://bitcoinist.com/winklevoss-gemini-dollar-charlie-shrem/ https://cointelegraph.com/news/two-us-states-implore-indian-authorities-to-seize-property-of-bitconnect-promoters https://www.ccn.com/this-canadian-town-is-coughing-up-bitcoin-after-ransomware-attack/ https://www.coindesk.com/inside-bitewei-the-20-million-bitcoin-miner-being-hailed-as-a-bitmain-rival/ https://news.bitcoin.com/chinese-report-finds-9-in-10-altcoins-stolen-80-code/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications https://cointelegraph.com/news/crypto-industry-leaders-establish-washington-based-lobby-group https://www.coindesk.com/softbank-completes-blockchain-poc-for-cross-carrier-mobile-payments/ https://www.ccn.com/binance-partners-malta-stock-exchange-to-launch-new-digital-exchange/ https://www.ccn.com/this-canadian-town-is-coughing-up-bitcoin-after-ransomware-attack/ https://bitcoinist.com/winklevoss-gemini-dollar-charlie-shrem/ https://news.bitcoin.com/chinese-report-finds-9-in-10-altcoins-stolen-80-code/ https://www.newsbtc.com/2018/09/12/alive-play-casino-offers-vr-online-gambling-experience-on-blockchain-launches-exclusive-private-sale/
submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Starting a lawsuit to get my 24k back --- Who will join me?

I gradually lost patience. I have 3 withdraws adding up to 24k CAD and the oldest one is from Dec 5th 2018 with Express Bank Transfer. It was "complete" two weeks after initiated. Now, after 51 days including 37 business days, I still have not received the fund. They claim Express Bank Transfer can finish in 7 business days.
We sent numerous tickets but it seemed just procrastinating.

Just called Ontario Security Commission to file a complaint (their number is 416-593-8314). They pretty much can't do much because bitcoin is not categorized as security so they recommend 1) Canadian anti fraud centre 2) finding a lawyer and I decided to go to the later.
In business, if you ordered a batch of goods, wired the money, and the sender could not deliver on time, it is a default.
I know they are having a lawsuit with CIBC which means legally i can at least file a lawsuit against them.

Does anyone feel like joining me? Or any advice how should i do this? Please leave your notes and discuss together.

Thanks.




submitted by leokkk2019 to QuadrigaCX [link] [comments]

Bitcoin ! Adoption is real.

“Forget FUD Noise. Four Different Studies by Ontario Securities Commission and Central Bank of Canada indicate 3-5% of Canadians own Bitcoin. Adoption is real. Brace yourselves.”

#cryptoadoption
#blockchainmass

https://www.bankofcanada.ca/2018/07/staff-analytical-note-2018-23/
submitted by yangglobal to u/yangglobal [link] [comments]

Canada's First Bitcoin-related Mutual Fund

Canadian traders might find this news an interesting read. A Canada-based blockchain company got approvals from Ontario Securities Commission (OSC) and the British Columbia Securities Commission (BCSC) to open up Canada's first bitcoin-powered mutual trust fund.
The firm, First Block Capital Inc. (FBC) has also made a partnership with NEO Connect, in an effort to bring in trading dealers to the picture, while offering steady investment programs, including Registered Retirement Savings Plan (RRSP) and a Tax-Free Savings Account (TFSA).
https://ethereumworldnews.com/canada-gets-its-first-bitcoin-linked-mutual-fund-trust/
submitted by Cryptocointrade to CryptoCurrencies [link] [comments]

90% of a Canadian Crypto Fund's Assets Are Allocated in Fiat

This is the best tl;dr I could make, original reduced by 30%. (I'm a bot)
According to the report of the Canadian cryptocurrency fund Rivemont Crypto Fund, as of July 13, 91% of the fund's assets, which is about 3 million Canadian dollars or $2.3 million, is in fiat currencies and only 9% is in bitcoin.
The Rivemont cryptocurrency fund is the only actively managed cryptocurrency fund in Canada and it is registered with the Securities Regulatory Commissions of Ontario, Alberta and British Columbia.
Martin Lalonde, the president and portfolio manager of Rivemont, said that he was following the 30-day average of bitcoin moving in the long-term trends.
He believes that "The crowd will return as soon as the price rises." As a result, he allocated a little more than a half of the fund's assets in Bitcoin and Ethereum.
From the fund management's point of view, it can be noted, basing on the fund's data, that its losses amounted to 10% in the period from March to June against 32% of the bitcoin fall.
The Fund is currently limited for legal reasons and can invest in six cryptocurrencies - Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash and Ethereum Classic, but Lalonde hopes to expand it as the industry develops.
Summary Source | FAQ | Feedback | Top keywords: fund#1 bitcoin#2 cryptocurrency#3 Rivemont#4 July#5
Post found in /finance, /technology, /nem, /gridcoin, /Changelly, /Spotcoin, /Monero, /Tether, /ico, /helloicon, /Tronix, /BitcoinAll, /Bitcoin and /omise_go.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Canadian Securities Commission: Over Half a Million Ontarians Currently Holding Crypto

Canadian Securities Commission: Over Half a Million Ontarians Currently Holding Crypto
https://preview.redd.it/x7p5ajms7i711.png?width=750&format=png&auto=webp&s=03b66e4dfcd6090cfc5057b5e107c5385e5b84c1
A study by the Ontario Securities Commission reveals that over half a million people, 5 percent of Ontario residents, currently own cryptocurrencies. The report also shows how they invest, how many owned crypto in the past but not anymore, and details of those investing in tokens.

5% of Ontarians Have Crypto

The Ontario Securities Commission (OSC) published a study last week entitled “Taking Caution: Financial Consumers and the Cryptoasset Sector.” The report describes:
Five percent of Ontarians currently own cryptoassets. Based on recent population estimates, this figure translates into over 500,000 Ontarians currently holding at least some cryptoassets. An additional 4 percent of Ontarians owned cryptoassets in the past but no longer do.
More specifically, the Canadian Department of Statistics currently shows an estimate of 14,374,084 citizens in the province. This equates to 718,704 Ontarians presently holding some type of cryptoassets.
Furthermore, half of cryptoasset owners spend less than $1,000 on their cryptocurrencies, with 90 percent spending under $10,000. Meanwhile, about 50,000 Ontarians spend more than $10,000.
This study is based on background research by the OSC Investor Office as well as a survey of over 2,667 Ontarians aged 18 and older, carried out between March 14 and 22.
The survey includes “an oversample of 1,506 men aged 18–34,” because of “its higher expected propensity, based on prior research, to own cryptoassets compared to the rest of the public.”
According to the report, “Men aged 18–34 were substantially more likely to report owning a cryptoasset than the general public, with 14 percent reporting that they currently own a cryptoasset.”
The survey sample was then “weighted down to n=1,000 by age, gender and region using the latest Statistics Canada Census data to reflect the actual demographic composition of the adult population residing in Ontario.”
While citing that only a small percentage of Ontarians own cryptoassets, the OSC wrote:
Ontario’s large population means that even small percentages can collectively translate into substantial numbers — numbers sufficient to concern the OSC as a securities regulatory authority.
1.5% Ontarians Have Participated in ICOs
The report additionally details how Ontarians participate in ICOs. Half of past and present cryptoasset owners said that they believe ICOs are not subject to regulation or do not know who regulate them. “This belief is incorrect,” the Commission clarified. “The OSC regulates ICOs that constitute securities offerings.”
Most respondents reported having obtained their information about ICOs through social media, friends and family, as well as online ads and email. According to the report:
About 1.5 percent of Ontarians have participated in an ICO. This percentage translates to about 170,000 Ontarians who have participated in an ICO.
Source
submitted by W12io to u/W12io [link] [comments]

Canadian bitcoin trust fund just got approved in canada

This is the best tl;dr I could make, original reduced by 29%. (I'm a bot)
Canadian bitcoin trust fund, a cryptocurrency investment fund which allows people to make profit from the evergreen bitcoin increasing value without actually buying bitcoin has just been approved in Canada.
Vancouver based company ,"First Block Capital" launched the Canadian bitcoin trust fund early July and was granted as a fund manager by the British Columbia Securities Commission(BCSC) on Wednesday and will now be able to manage a bitcoin investment fund in British Columbia and Ontario.
The BCSC has granted First Block Capital Inc. registration as an investment fund manager and an exempt market dealer in order to operate a bitcoin investment fund.
The leader of the BCSC`s tech team ,Zach Masum also told aspiring registrants or existing fund managers to contact the team if they are considering pursuing cryptocurrency investments in their funds.
"Cryptocurrency investments are a new and novel form of investing in Canada. We have seen from the market and from investors that there is a strong appetite for access to these kinds of investments".
As the bitcoin rises in value, the value of your stake will go up in turn.
Summary Source | FAQ | Feedback | Top keywords: fund#1 bitcoin#2 investment#3 manage#4 Block#5
Post found in /Bitcoin, /BitcoinCA, /CryptoCurrencies and /BitcoinAll.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Canada grants First Block Capital Inc. the right to trade bitcoin securities!

This is the best tl;dr I could make, original reduced by 62%. (I'm a bot)
VANCOUVER, BRITISH COLUMBIA-(Marketwired - Sept. 6, 2017) - The British Columbia Securities Commission today announced the first registration of an investment fund manager in Canada solely dedicated to cryptocurrency investments.
The BCSC has granted First Block Capital Inc. registration as an investment fund manager and an exempt market dealer in order to operate a bitcoin investment fund.
"Cryptocurrency investments are a new and novel form of investing in Canada. We have seen from the market and from investors that there is a strong appetite for access to these kinds of investments," said Zach Masum, Manager, Legal Services, Capital Markets Regulation, and leader of the BCSC's Tech Team.
First Block Capital is also now registered as an investment fund manager and exempt market dealer in Ontario; the BCSC is its principal regulator.
"We strongly encourage other companies in British Columbia, whether they are potential new registrants or existing investment fund managers, to contact the BCSC's Tech Team if they are considering pursuing cryptocurrency investments in their funds," said Masum.
A securities market that is fair and warrants public confidence A dynamic and competitive securities industry that provides investment opportunities and access to capital.
Summary Source | FAQ | Feedback | Top keywords: investment#1 BCSC#2 fund#3 Securities#4 Tech#5
Post found in /Bitcoin and /BitcoinAll.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

[Table] IAmA: We Are a Team Working to Restore a Cold War Nuclear Bunker; The Only One of It's Type Left In Canada! AMA!

Verified? (This bot cannot verify AMAs just yet)
Date: 2013-07-27
Link to submission (Has self-text)
Questions Answers
I went to visit the bunker last year. When I was there, I was informed that it would never again be fully operational and even if it was, it could not withstand the blast from even the smallest nuclear bomb. So my question is, is this true? Also, if it is true, why go through the trouble of making it functional if it cannot be used for anything other than tourism? I am not sure if you were here when we had control of it or not. Regardless, to answer your questions, the facility was never designed for a direct hit. It was designed for a near miss attack. This means that if a nuclear strike were to happen within 1 1/2 miles of the facility, it would survive with almost no damage inside.
As for full operations, we are already at over 80% functionality. Some of the functions necessary for fallout like radiation scrubbers for our air systems, are not a high priority at this stage of revitalization. However, we have gotten many systems back up and working we never thought would be working again. We are 100% confident this facility could become a fully functional fallout facility with just a little more work. Without any eminent threat of being nuked any time though, we are not fully focused on those items right now.
Would like to note that this facility does have EMP shielding that would withstand any solar radiation bursts. Which is a more likely scenario this facility will provide protection against.
Will it still be available for tourists? It was one of my favourite things from my Ottawa trip last year. Also, are you keeping all the vintage shenanigans that were there? Now that you mention Ottawa, I should note that this facility is another Diefenbunker, but the condition of it is very different. It's size is also smaller.
We are not likely going to allow continued tourist as some of our planned operations require security.
If by vintage shenanigans you mean like the control systems and boilers, and generators, the answer is yes and no. Some will be kept, and others will be updated. For example, we have plans to develop solar thermal solutions that will replace our boilers. Other systems that are still functional that we can interface with our new systems we will continue to work on. For example, we recently interfaced the old temperature sensors into a new digital display as shown in this youtube video: Link to www.youtube.com
To be fair, it could just be a fridge from the forties. Well we have some pretty big veggie and meat lockers in the kitchen. Feeding 350 people took a fair amount of food.
Who the hell would put debert nova Scotia on a nuke to do list? Is there a military base there? Debert became a military base back during WWII. It was the staging ground for final training for Canadian forces before they took off the take down the Nazis. Its geographic location made it central for the atlantic region, and its distance from a more likely target (Halifax boat yard) made it ideal. The base now has been decommissioned though.
Can I reserve my room for the war? I have large amounts of caps saved up and can offer you cooking skills. When caps become dollars sure.
Do the many systems include the Canadian nuclear arsenal ?...actually thinking about it why does Canada even have bunkers who would nuke canada? even if they survived they would probably say thank you...eh. Canada played a much more frontal role in past wars. We have not found a nuke button yet though. Canada's primary weapon of choice has been polite kindness I agree.
Oh man, I'm going to be in nova scotia in a few weeks. I would love to see this place.. but even though I'm going to be fairly close I don't think it's in the travel plans :( Nuts. August 17th 18th is the time to be here if you decide to change your mind.
We are not likely going to allow continued tourist as some of our planned operations require security. Data centre... The data center portion of the building is actually a building within the building. The Samson Node, as it was referred to, is a giant copper capsule basically which keeps all forms of EMP and radio signals from being able to penetrate it. At one time it handled NATO communications data. That space is small compared to the rest of the facility though, so we need to put the rest of the place to good use. Given the trends in server computing it will provide all the space and power we require.
Wouldn't solar heaters be effected by any change in the albedo? (nuclear winter scenario) Also, did you know n-acetylcysteine and many other antioxidants are radioprotective, Also, did you see the 2010 film "The Road" which features a bomb shelter scene? Likely they might. But until then they are going to do wonders for our operational costs. No, did not. Yes, I recall the bomb shelter scene, and this place is a whole lot bigger.
Are you going to preserve at least some of, for instance, the boilers even after you've replaced them? Absolutely. Many of them are just going to be more trouble than its worth to remove. We are not desperate for space in here, so keeping them won't be an issue.
As you can see, we have actually gone to a fair amount of effort to try and integrate the old systems into new ones that we can make more efficient while preserving the old analog look and feel of most of the controls. Our most recent triumph was with the fresh air dampener system. By controling a dial they now respond. You can see the youtube video here: Link to www.youtube.com
What's gonna happen on the 17th and 18th?? More public tours fundraising for the Debert Military Museum. You are welcome to them!
You said you won't care for the public later on but you want people to come and give you money now? Don't know how you equate that to not caring for the public. I don't get that either.
How much has it cost since you started? We are up to about 45,000 so far...
Bottlecaps? Or NCR Dollars? How about Bitcoin?
So you lose it all if the previous owner wins the lawsuit? Correct.
Nah Bitcoin won't work post-apo. The network would be down... Still be up here! Perhaps should keep all your bitcoins here.
Can you elaborate a bit on this please? All of the information surrounding this is at www.savethebunker.com. A bit of a long read, but elaborate definitely!
If you've got a Bitcoin client up and running and it stays current right up to the apocalypse... Then you could reboot the network to its last-known-good state, once the lights come back on. And anyone who had a surviving digital wallet or a paper wallet would be able to recover his/her money as though nothing had happened. The question is: who would be willing to use Bitcoin as money if an EMP knocks out most computers? Humm.. so wouldn't it make bitcoins a sort of commodity then that are rare? Humm.. those that have working computers might actually become like exchanges until people get their own computers.
In the case of currency, it is a bad thing to be rare. Bitcoins are not collectibles - without currency value, a digital bitcoin isn't worth the storage space at any cost of hardware. Fair enough, we go to bottlecaps. :)
Whats your favorite thing in your job? There are several of us on the team so I'll give you a few of our responses to this one.
Isaac: The history behind every door.
Justin (Electronics Tech): working with the vintage technology and power generating plant.
Colton: Being a part of the history of this place.
Isn't this the first line in every zombie movie ever? I umm.. errr umm.. well.. umm..
I visited this place on my grade 8 trip (7-8 years ago) and had a blast! (No pun intended) The tour guide had said that they used to store gold bars there. Is that true? They sure would have stored gold bars inside the bunker. There are two vaults, one on each floor. The larger one on the top floor is the Bank of Canada vault. The 1300lb steel doors for the vaults were actually removed and left to sit there while the bunker was being decommissioned. We have installed the Bank of Canada vault door back onto it's hinges, and it is operational again. There is a super small safe inside of the Bank of Canada vault that could have been used for gold - or plutonium (Considering it was super expensive back in the day). Sadly we do not have the combination to that safe, and there is no way to get it open; it was designed to directly withstand a nuclear blast.
I'll try and find a photo of the small safe tonight.
Can the County be sued for the costs related to their unwillingness to grant the deed as required by law? They are aware of the risk. All of the decisions are being dictated by county lawyers who advise the county. We are now facing more legal costs, and more court time than is necessary. How lawyers could advise to go to court and drag this out for months and get paid more in the process is really surprising. Oh wait, that makes perfect sense.
How lawyers could advise to go to court and drag this out for months. The legal strategy could be to simply wear you down until you can't afford it any more. A win by deeper pockets, rather than a legal victory in a court room. You could be right. After getting my first legal bill we are starting to consider fund raising options to fight the battle. Our next court date is October 17th. We are planning to do another update on save the bunker later today. Right now there are tours coming through the bunker.
consider fund raising options. While it's privately owned, the spirit here is not really one of pure capitalism. Just trying to do something that is worthy of a place like this.
Why would anyone fund your private business? You stated no tours and that you will be using it for data centers ect? Also as far as funding goes, there is always investors. Though the owner has not entered into any agreements with several parties who have expressed interest.
Just trying to do something that is worthy of a place like this. Like "data centers"? The data center portion only makes up a small part of the operations we plan here.
Every "operation" you listed is for profit and NOT related to fallout shelter, cold war, history ect. What exactly is the "worthy" part? As mentioned in another thread, not all plans are being publicly disclosed, and some cannot be discussed due to non-disclosures.
Though I don't know how much profit there is in renewable energy research.
I thought there was another Diefenbunker in Ottawa? I visited it in highschool and it seemed pretty cool, I thought it was also a cold war era nuclear shelter? Yep, the main Diefenbunker is in Ottawa. It is a four story bunker, almost double the size of the one we have down here. The biggest difference between the two, is that we were classified as only a provincial emergency government headquarters. And in that respect, it's the last running privately owned provincial shelter.
Yes, that was a head quarters bunker. Besides that one, there were six other regional operation centers (ROCs). We are the only one that is left. All others have be 'decommissioned' in one form or another.
Was there ever one out west, in BC or AB? I know Dief the Chief didn't spend much time out here. Yes there was. BC had one in Camp Nanaimo, and Albert had one out in Penhold. They were all pretty geographically diverse.
Is it cool down there? Yes, it tends to stay cool. Heating it takes extraordinary amounts of fuel from the boiler. However, it never goes below 48 degrees due to the geo-thermal effect of the structure.
Ha. I mean is it very interesting to be down there? I've always wanted to see a cold war bunker. Thanks anyway. The reality of Cold War sets in when you see all the preparation they put into trying to save lives if the nukes ever did launch.
Wait what? -48? Celcius? About 9 degrees Celsius. Cold but not frozen.
What's the most interesting thing you found down there? The blueprints have been fun, but we keep finding paper clippings and full papers from the 1960s that were interesting to read. Back then a paper cost 6 cents, and was a much thicker quality.
Do you ever feel that your employers may have a REASON other then superstition for buying an old nuclear war shelter? The owner seems pretty straight forward. Being a Baha'i, he seems to have a pretty positive outlook on the future. No idea what other REASON you might be referring to. Care to elaborate?
If Hollywood movies taught me anything, it's that people who buy cold war complexes are always some sort of supervillain. Did he ever ask you things like "hmm, do you think the power system could be modified to feed a 1 terawatt deathray?" Umm.. he did ask about fresnel lens. Should I be worried?
I know this might sound a little far fetched but I once heard that there was a fallout bunker somewhere in Alberta that the Hells Angels had been using for large grow operations, do you think this is true? Actually not far from what happened! Someone else posted a link to that story. Might be part of why we are the last ones standing. Guess nobody has anything to worry from a Baha'i in control of a bunker. :P.
When we are sure you are all in there, we will seal it up from the outside. We are a lot of things, but not hippies I assure you.
Is it dangerous? Is there possibly any radiation or any harmful materials in the bunker? It was designed as a fallout shelter, not as a nuke silo. So there are no dangerous radiation materials here other than some very small samples that were used to calibrate radiation sensors. Your microwave is more dangerous than those. Environment Canada did a test on air quality in here back in 2006 and they determined the air in here was actually more clean than outside. Fun fact, the bunker only requires 1% of outside air to remain breathable for its denizens inside.
Any problems you ran into right away? First problem was getting power going. Breakers require a 24v charge in order to hold supply. All the batteries in the place were dead. With the help of someone who used to work at the bunker when the military ran it we were able to get it up and running again. The moment power came on the first system to fire up was the compressor for the pneumatic systems and wow was it loud. We then had to turn our attention to that system right away because it had not been maintained properly.
What was up with the pneumatics? The pneumatic pressure from the compressor was completely off from where it needed to be according to the military helper. The compressor itself had about 2 gallons of water removed from its tanks. Once we got the proper pressure going all the sensors and readouts of the various controls started to work. Well, not all. Many had been disabled, mangled, or needing repair.
What about the Diefenbunker in Carp, Ontario? That's our brother from another mother.
But, you said that the one where you work is the only one of its type in Canada in the title. How is this one in Nova Scotia different from the one in Carp? This is a ROC, Carp is an HQ. This one is about half the size of Carp.
The one in Carp is a museum now. I live right near it, if you live around it too you should definitely check it out! We are planning a visit soon actually.
Is this part of the Dharma Initiative? Not that I am aware of. There might be an opportunity for it though.
Electrical engineer and cold war historian, here. First off, nice facility! Any chance you could post more pictures of the bunker's control monitoring switchboard (the one your standing behind in your picture)? I'm interested in comparing to what I've seen in US installations. Also, are you keeping those awesome GE switchboard meters or going digital? We like the analog of it all. We have more picture on our facebook page. We will have it all interface to a network eventually so that we can control systems from our Galaxy Tabs.
You should make a video detailing how you operate the bunker with modern software -- using tablets for that sort of stuff is definitely really interesting but I imagine if you're not careful with network access it could be really dangerous. Yes security is top priority.
I don't know if this has been asked, but what is the "frame" made of? How thick are the doors and walls? How do you deal with negative air pressure, or do you? Plumbing? Communications? Cellular signals? Source of outside water, purification? So many questions. 3 foot concrete covered in nearly 3 feet of earth. Building runs in a positive air pressure when handlers are operating. Currently two fiber links. Cellular dies after you come in. Dedicated well pumps in well houses provide all the water to the facility both domestic and cooling. Purification is done through a treatment process which we plan to update.
In the event of the apocalypse, can I take shelter with you? No you cannot. Security was mentioned earlier. However, opportunities for leasing space may come up. Interest in this is questionable though and we may not pursue it.
How many people can the bunker hold? The bunker was designed for 350 people to survive. Most would have been government, and some military. Sorry civilians and women, you lose! Yes, only women in the original plans for the bunker were the Premier and the Commanders secretaries. Remember this was the 60s.
Ha ha. You're marketing it TO the nut bars. Aware of that, just that once we get lumped in, there goes all possibilities of being taken seriously in every other sector.
You're already at risk of that with the current activities... Turning your hobby into a living is some people's idea of success! Haha.. I suppose. Running a bunker takes a lot of Benjamins.
Do you think that, in the event of a nuclear war, these bunkers would have done much help to the initial survivors in the long run? Yes. Eight years of engineering went into building this and other Diefenbunker facilities. These were designed for near miss scenarios. When fully operational with trained staff, this facility would have absolutely been able to operate for a sustained period of time in the event of fallout.
Were any of you alive during the Cold War and if so was it terrifying basically being trapped between the two superpowers? I mean in the event of a nuclear war essentially all their nukes would be flying over Canada airspace. No, all of us are younger than that. Though there are still many others who live around here who are ex-military who lived through it.
Ah you guys posted on Airsoft a few weeks ago. This will be an Airsoft site correct? Yes, we had a game a few weeks ago that was a hit. CQB Airsoft is one activity we have going on weekends here at present. It is only one of several things going on here. Thus why it is called a 'Complex'.
How much will it cost to visit? Right now for this weekend, we are having tours between 10AM and 2PM both today and tomorrow. Tours cost 15$, and are run by the Debert Military Museum (Link to www.facebook.com) We will be running airsoft games almost every weekend, with some incredible missle launch and bomb props that we are working on. Tickets for the airsoft games usually run around 25$. Come on down! (This may be the last time that tours are run here because of security issues.)
Tours are going on right now as a fund raiser for the Debert Military Museum. Tickets are $15 for adults, ages 4-12 half price, and under 4 free. Another tour happening tomorrow, and then another weekend in August 17 18th weekend.
Sorry if its a stupid question, I saw it on /airsoft that someone was restoring/using a bunker for an airsoft field? Is that you guys? I imagine bunkers aren't very common. Yes, that is us.
No way, I was just reading about this place last night! No way, I was just replying to another post about the movie that was done here! :)
I was wondering, how do you handle air quality? CFS Carp has an active system I think, but that's a bigger place. If you were to just leave everything off, would you run out of air? CFS Carp had a modern system installed, where we have all original. If you leave everything off, you can still breath, but then you start to get a lot of mold.
, did you get paid for the usage in that recent movie (forgot the title, something about nukes)? Either way, you should try to get some film makers as contacts in the future :) That low budget film was very low budget, and what we got out of it was mega small. We were just happy to help out, and maybe just maybe other better offers might come along.
Have you ever played Fallout? No, no time for games when we got a bunker to revitalize.
What would you consider airsoft then? Just asking... We run the games, we don't play them.
Could this also withstand a zombie apocalypse? Yes, it is built for biological fallout as well.
How does that facility compare to Cheyenne Mountain in Colorado Springs? This facility used to communicate with Cheyenne Mountain. Compare? Well, we got Maple Syrup.. case closed.
Why? Why not?
Serious question: what is the weird capitalization in the title? Why do it in the first place? Why isn't "a" and "of" capitalized but "in" is? The guy that started this already left. Wish I knew. I am going to call sleep deprivation. He had not slept in about 30 hours. We lose track of time in the bunker.
This is so incredibly interesting. I just looked through each photo on Facebook and every video on YouTube. I would love to be a part of that, you all are really fortunate. Question(s): Do you or have you slept at the bunker? Ghosts? What's the wierdest thing you've found in the netherbelly of the beast? Justin here, I just woke up from having a nap in the quarters we have set up. I , and some of the other volunteers, pulled an all nighter getting things ready for the tours today. I can't say there are any ghosts yet. But I do hear strange noises from time to time so its hard to say. As for the weirdest thing? A rather dark and eccentric artist used to stay here... so I'll give you the top three...
Are you saying that there was a ball pit in the bunker? And are you also saying that you removed said balls from the ball pit? Also, excellent work restoring all of that ancient equipment. That's a noteworthy accomplishment. Pat yourself on the back for me? Would not call it a pit. They choose to take the Lieutenant Commanders office and fill it with those balls along with the dead cafe. Then put a dramatic blue light on it.
Weird. The previous owners sound quite... I don't know... self-righteous? Maybe I'm garnering something different from your posts and videos, but there just seems to be a lot of neglect and lack of care, and it seems like it would stem from owners that are in the business for the wrong reason. We try not to talk the previous owner down, however the evidence does speak for itself.
In the Diefenbunker, we heard about a farmer out west who bought a bunker for $1 from the government and then was in talks to sell it to some bikers.. So the gvt bought it back (at more than a buck) and back-filled it with concrete. I thought the same fate happened to all remaining bunkers. How did the Debert bunker survive, and what is stopping your group from entertaining a future offer from a criminal enterprise? Only God knows how it survived. The owner is a Baha'i, he has no such interests. His God stops him from doing that I guess you could say.
Is it really worth saving something because it is one of a kind? Is there any real historical significance other than its a nuke bunker? Yes it is. Yes it is a direct link to the Cold War era. An era where humanity almost destroyed itself. A point in time where people built things like this out of fear of the future instead of hope.
Will you guys actually actually one day show us the inside of the massive water tank? I was rather sad hat we did not get to see the inside. We still have work to do on the sensor array in there and we do have to do maintenance, so yes, maybe one day.
Restoring cold war bunker. What do you know that we don't?!!?!?!?!? Perhaps that military build these things with overkill?
Who would they figure would hang out there in case Debert was bombed? And how is this diefenbunker different than, say the diefenbunker in Carp, Ontario? This Diefenbunker is a ROC, while CARP is a HQ. Otherwise they are identical except for the fact that this one is half the size.
There is a decommissioned diefenbunker in my town. I've been told they are a nightmare of asbestos was the reason they were shut down. Is the one you're working on any worse then your average 1960's building in terms of it or other hazards? That is not the reason they were shut down. Back in the 80s the DND undertook and extensive asbestos remediation program. In that, they eliminated all the dangerous asbestos, and left what was not hazardous. There are still fire-boards, and asbestos floor tiles as well as insulated pipes. We have plans to eventually remove them all, even though they pose no hazard, it is likely going to be necessary eventually with the changing standards.
I remember reading about the Diefenbunker when I did a report on Canada's involvement in the cold war in grade 12. is it classified as a heritage site these days? Carp is, but this facility did not qualify for historical protection due to lack of interest a number of years ago. Petition was attempted, but not enough love.
I'm 15 and from Ottawa, I never heard the whole story of the Diefenbunker. How does it go? If you google Diefenbunker you will find a lot. To make it simple though, Diefenbunkers are a series of bunkers that were commissioned by Prime Minster Diefenbaker back in the 1950s during the Cold War Missile Crises.
ARPANET Interesting question. No, there was never any ARPANET operations here. ARPANET never made its way here. It was quite popular in the US back in its day though.
I've been to the Bunker in Debert. It's really cool! Are banks still storing information there now that you guys are doing the full restoration, or have you guys gotten rid of the server hosting side of it? Banks were never storing information here. Sorry you were mislead. However, we are working on making it a functional data center that will be fully managed.
Weird, I could have sworn that they had active servers that were cooled by a water source? Maybe someone was messing with me. If by active you mean turned on so that pretty lights appear on server boxes, then yes there were. The node does have 3 very old chillers that do use water for a cooling source, however, they are not functional at present, nor have they been since the 90s. Servers were there, but as noted, no bank transactions were ever done in there. It is likely someone was messing with you.
Didn't some crazy old motherfucker own it for 2012? Since the current owner is not a crazy old motherfucker, we will have to say yes.
What is the average temperature inside the bunker? During the summer it usually stays around 65F. In the winter it goes no lower than 48F.
I was going to ask why if you're Canadian you keep saying your temps in Fahrenheit, but then I realized all of the instrumentation you'd be reading off would be pre-metric switch. Then I googled the conversion. 65F = 18.33C. 48F = 8.88C. Correct. :)
Any and all of your responses and official documents should be in metric, particularly if you want to be taken seriously as a Canadian heritage site and not confuse people. Skip the miles and oF. Note that the era this place was built in did not use the metric system. All of our gauges and readouts are in gallons and in Fahrenheit, so we are giving it to you like we get it. Sorry if our history offends your modern metric sensibility. We struggle with it here too. I would image most people who worked here could covert everything in their head as quickly as they read it.
Also a fun fact.. when the bunker was built, the 'official' flag of Canada as you know it today, did not exist. We still have an original flag from pre 1965. Note this place was officially commissioned in 1964, so it used to use the old red duster also called the Red Ensign for the national flag. Maple leaf didn't come in till after 1965.
So with all this in mind, I hope you can take our responses seriously. :)
Last updated: 2013-07-31 16:19 UTC
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