As the name of the coin suggests, we're looking at the feasibility of a coin, built on the Binance chain, which will decentralise card payments.

If you're a merchant then you'll know the fees you pay to companies like World Pay for their card payment solutions.  These companies make a ton of money charging merchant fees for card transactions.  

Lately I've noticed a few merchants who have stopped taking card payments to avoid their fees. Instead, they ask for BACS payments.  Understandably, it's free to accept BACS payments but it's quite cumbersome trying to add new recipients and verify.

So, there's a gap in the market for a tech that let's merchants take BACS payments with the scan of a QR code.

So, the token we wish to develop allows the blockchain to record each transaction. The merchant has an app that's integrated into the blockchain and let's them enter USD or GBP amounts. Payment is processed in BACS COIN and instantly converted to a stable coin in merchant wallet.

This is a pre announcement. We're looking to build a team of equal share partners to develop and market this token tech.

Actually Silk Road is alive and well.  It was shut down but it just came straight back it it still takes BTC.  It was the original driving force for BTC and it still plays a part in it's demand.  So no, it's not a joke and I intend to prove it this week when I cash in on this pattern.

People may not use ETH for anything like Silk Road but the fact is that when BTC drops, ETH drops right along with it (ETH takes a harder hit that BTC in terms of percentage drop).

It's happening again, ETH is dropping really quickly at $239 just  now (Saturday morning).  By tomorrow morning it'll be at an all week low and it'll rise sharply from Monday through Thursday.  Watch and see.  I'm gonna buy $17,000 worth of ETH if it hits as low $219 and sell it again when it does $320 mid-week.  That'll be almost $8k profit. Let's see if it happens.

Good point, there's definitely that too.  Have you ever tried to capitalise on this?

Has anyone noticed that the price of BTC and ETH (which seem to be correlated) always goes down on a Friday, down more on a Saturday, then down to a low point on a Sunday before steadily climbing Monday to a high on a Thursday?

I have a theory that people need BTC on weekdays to get their drugs on Silk Road onion site so demand is higher through the week as they procure their powder for the weekend activities.  Everyone is sorted at the weekend and you can't get anything in the post on weekends so demand for coin goes down.  Until Monday, Tuesday, Wednesday and Thursday.

This is a definite pattern and I've seen it happen for weeks now.  Every week it's the same and it's already dropped really low today (Friday).  

If this pattern is true then there are short term strategy gains to be made by purchasing loads on a Sunday afternoon and offloading them on a Wednesday night or Thursday morning.  This is particularly noticeable with ETH with low/high ratio as much as 65%

Surprised that nobody has recommended EOS.

Anyone investing in this coin?

https://finance.yahoo.com/news/neverdie-teleportation-ico-monetize-infrastructure-040500766.html  

I've seen a few articles about this Korean ICO and I'm just looking to open a discussion about them.  They interest me because they're aimed at the VR world and job creation with coins for mining, coins for gaming and coins for working.  Take a look at their site, here::

https://neverdie.com/

It's built on the Ethereum platform.  Is anyone buying into this coin?  What are your thoughts?

Just create a Kraken account.  They announced yesterday that ECO's can now be traded on their platform.  So, if you have ETH or BTC you'll be able to see the exchange rates and swap some of your holdings for ECO.

I was watching ECO quite closely after Kraken adopted it and it went from $1.66 last night to $7.90 in the early hours of this morning.  If I'd put $10K on it last night and pulled it this morning I'd have made a nice hit on it.  I didn't I just put 2 ETH on it but still got a good return.

Later this morning when it dropped back down to $4 (ish) I decided to invest 10% of all my ETH.  I've read on many forums that ECO could be quite big and there are some pretty shrewd crypto investors recommending that we put at least 10% of our ETH into it.  Now's the time to do it while it's at $4.65.  Don't let this be another one of those cryptos that you wish you'd put some money into to.  Get in there just now before it hits the $25 mark in a few month.  Slip some ETH in there and just sit it out for a year.