CONSENSUS 2018 INFO DUMP

Okay. As most of Jow Forums knows by now me and Uncle Chang were at Consensus (and other IRL ARK stuff but most of you will only care about Consensus), so we got to step outside the Jow Forums LARPing circle these last few weeks and see what actually goes on in the cryptosphere instead of just what larpers on biz think goes on.

So, Q&A thread.

First off, some things:
- This isn't exclusively an ARK thread.
- I didn't visit any of the presentations, they weren't interesting and they were streamed and recorded anyway.
- I spoke to a ton of lawyers, bankers, as well as C-level execs and people who were directly involved with various projects (ICON, Decred, obviously ARK, PIVX, some upcoming projects and a few others)
- Exchanges are scummy as fuck holy shit.
- I am almost absolutely certain we are going to see another market wide bull run by the end of this year based on what I saw in person.
- Expected attendance was 4,000. 9,000 showed up.
- Boomers. Boomers everywhere.
- Jow Forums is literally all LARPs. Nothing that goes on here affects anything actually going on in crypto. We didn't meet a single Jow Forumsraeli, except for *maybe* a voter of ours that now works for ICON since he knew about my discord and was in it (though he could have come in from Reddit or something, didn't ask).
- The people in suits were all boomers or scammers. Actual crypto influencers wore normal clothing.
- Apparently there was a burlesque midget shitting after party hosted by one of the coins? These guys party like fucking mad, but I can't say I'm terribly surprised. I didn't visit any after parties myself, had no time.

Alright, fire away. Will only be answering serious legitimate questions. If you're going to ask if x or y was there, I'm not answering because you can fucking read the consensus schedule to know that.

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Other urls found in this thread:

cryptohou.se/speakers
coindesk.com/events/consensus-2018/sponsors/
twitter.com/SFWRedditGifs

first post

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What did you see that makes you almost certain we will have a bull run this year?

bull or bear short term?

What gives you the impression there will be another bull run?

>didnt visit any after parties myself, had no time

fucking lmao

Are smart contracts really taken seriously or can we stop wasting our time?

I'm just a yung linky who wants hot chocolate by the fire. Will Smart Contracts, Oracles, and ChainLink become the buzzwords of 2018. EOY 1000 amirite

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Sounds like every affiliate convention. What kind of freebies were available to attendees? Were the free items at booths greater in value than the price of a ticket?

WHAT A LOSER

Will the deluded Arkies finally have a reason to live?

going to need a lot more information on that midget party.

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How many cute girls work for crypto?

what does FX smell like?

>exchanges are scammy
how so?
>biz does not affect crypto
well now that this is confirmed i could ask you about these coins: arcblock, poa network, qash, swftcoin, airswap. primarly trading coins what are your thoughts on them?

also do you see all current crypto companies and projects being replaced with better more reputable companies in the future?

Day 1 there were no good ones.
Day 2 gf was ill and she had a flight and I wasn't gonna see her off cause I was at Consensus today so didn't wanna be rude. Almost considered ditching her but there's always next year.
Day 3 we couldn't leave until after the boat party started cause we had equipment to bring home.

Bull by the end of the year at least. Accumulate now. Boomers galore, these dumbfucks are literally tripping over themselves to throw money at shit they admitted they knew nothing about. I witnessed multiple bankers and old fucks talking about wanting to invest millions upon millions into random shitcoins that they had no idea how they worked. They eat up these stupid buzzwords like no tomorrow without doing any technical research. It's fucking INSANE. The connections these coins made with random boomers will be in play within a few weeks. Right now they're gonna go home and unwind, then they'll start talking. There is no one specific coin, this was valid across the board with nerds and boomers meeting up and exchanging info and talking everywhere. They're basically getting free money guaranteed.

There were a LOT of booth babes; they all knew basically nothing.

"Interoperability" is the new buzzword, it's what everyone was talking about. Nobody has a technically feasible way to accomplish it, because the problem hasn't been solved. Everybody is using either listener nodes (centralized and trusted but can be two-way) or token creation/destruction (generally one-way, limited to smart contract systems, and decentralized/trustless).

He smells fine.

>how so?
I found out how much exchanges are asking for listings. It's in the several millions. Coins send "negotiators" to these conferences, brown nose a fuck ton, exchange politics and then hope for the best. Bittrex is the only one that doesn't take bribes (though politics are still in play with them).

>>exchanges are scammy
Please, answer this. What makes you say exchanges are scammy.

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>Apparently there was a burlesque midget shitting after party hosted by one of the coins?

I require far more info than you have provided on this topic, you see. I would like to purchase 100k of this coin.

>- Exchanges are scummy as fuck holy shit.

what do you mean by this? should we be worried if we leave some funds on the exchanges if we actively trade with them?

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Biggest open secret in the biz. Exchanges charge money for coin listings.

>Bull by the end of the year at least. Accumulate now. Boomers galore, these dumbfucks are literally tripping over themselves to throw money at shit they admitted they knew nothing about. I witnessed multiple bankers and old fucks talking about wanting to invest millions upon millions into random shitcoins that they had no idea how they worked. They eat up these stupid buzzwords like no tomorrow without doing any technical research. It's fucking INSANE. The connections these coins made with random boomers will be in play within a few weeks. Right now they're gonna go home and unwind, then they'll start talking. There is no one specific coin, this was valid across the board with nerds and boomers meeting up and exchanging info and talking everywhere. They're basically getting free money guaranteed.

so can you assume a portfolio with these coins are all the rage with boomers

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What coins would you recommend to get after being there? Are BTC and ETH safe picks or have people lost interest in those for newer coins?

>do you see all current crypto companies and projects being replaced with better more reputable companies in the future?

If this boomer shit continues there's no need because these idiots will invest in anything with the word "blockchain" in it.

I meant scummy* not scammy, they're not actually scamming people, just exploiting the fuck out of desperate ICOs looking to get listed. A lot of these coins list on a small exchange and wash trade their way up to get their "entry fee" into exchanges down. There's a TON of brown nosing, back and forth, and wash trading done by these small cap coins before they make it to the big leagues. You have to play dirty, it's required to get anywhere.

Binance apparently asked some coin for a $200,000 yearly fee in ADDITION to an up front listing fee.

I would unironically split my investment proportionally across every shitcoin at the convention, ignore the ones that weren't there, then split based on how big their booths were as a rough estimate of how much networking they got done and how many boomers they attracted. Some exceptions for the bigger sponsors because they paid to have their name plastered all over the fucking walls all 3 days.

Whats your place in the crypto world and why did you go to consensus?

link marines: thrusters on

See BTC and ETH have cemented their spots and aren't going anywhere, people were talking about both non stop even though they weren't there.

I run the largest ARK delegate (with Uncle Chang) and I've been doing a lot of stuff for the ARK team (we've covered a lot of IRL ground the last few weeks with a hackathon and our NYC meetup), so they invited us to attend with them.

Was there anything there on Req? Really curious. TY!

Link to your discord?

was cobinhood at consensus? have you heard anything from them and whats going on

>Some exceptions for the bigger sponsors because they paid to have their name plastered all over the fucking walls all 3 days.
So, who were the major sponsors?? And which displays did the boomers seem to like the best?

Excellent streams dude. I mean, nothing particularly interesting, but it's great to get biz eyes in events.

where is link

Sergay walked past me. I had to do a double take on his ID badge but couldn't take a pic with him for the memes because I was busy at the Ark booth.

With that said, Moon's right about Jow Forums being a bubble with little real world influence. Literally nobody mentioned oracles, getting offchain data in, or chainlink. The biggest meme was interoperability.

loyal biz voter here. you mentioned you had some insider ark news (new exchanges?) direct from mike. can you elaborate on that?

and what would you say was the boomer reaction to ark?

>If this boomer shit continues there's no need because these idiots will invest in anything with the word "blockchain" in it.
well since Ark was plastered all over this event, do you see a lot of these boomers getting into Ark? or was something else more buzzworthy at the event?

Did you see Skycoin there? Any big buzz about them?

kek you're pathetic or autistic and clearly not a serious voice in the cryptosphere if you seriously didn't attend any of the parties where more serious business occurred than everywhere else at consensus.

Day 1 you Emrata was a host for a big money bitcoin party. you missed that, than you're pathetic.

day 1 2 and 3 if you didn't have a cryptohou.se bracelet for actually interesting speakers, (Charles Rothschild fucking presented) and not just speakers but big money mix with actual crypto pioneers. Lol they even gave Chuck a minute to speak. Stupid chink lee was least interesting.
day 2 oak crypto party, the box had big influence last night too. ripple event sucked, catch was decent, hospitality groups have sucked at catering musical guests to crypto, busta rhymes lil wayne and fetty wapp. lol like really? potential rev generation here.

you probably just missed the crypto cruise party just now. I'm in a cab laughing my ass off to another private party

moonboy whoever you are, you clearly have no knowledge of the space and wasted $3k on a ticket. neck yourself. Consensus day 1 was the only time worth going, every other day just lost steam.

Hijacked for now, AMA about the last few days. will respond to all if not closed in a few hours. might even drop hint of tomorrow events worth attending and even give a name to drop.

so what you're saying is we are incredibly early to the conception of the idea? even tho LINK is constantly shilled in this echo chamber?

when are we getting old money in? plain and simple? or are we all fucked

How much free shit did attendees get?

How did Stakey's booth do?

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>Charles Rothschild
Really? Did you attend the event or is there a source for that? sounds huge

>Bittrex is the only one that doesn't take bribes
Lmao was not expecting that

How did SONM do

you sound like a loser trying to validate his life

so when does ark moon? I invested all my money inside and my wife gives birth in a month

vechain gave out a planner with a pen lol. ledger gave out ledgers for a while on day 2

If you had to narrow it down to three coins what are you most interested in walking away from consensus?

Interoperability being a big thing makes sense which is why I've been stocking up on my AION x ICX bags despite them being somewhat stagnant compared to other currencies.

Not sure if you're larping or not, but I also think we'll see another bull run from Nov to 2019 Q1 onwards. Things are moving fast. Biz is an echochamber that is overly sceptical in regards to the future; plebbit is overly optimistic.

This bullrun will not 50x us like the previous one, but we can expect some steady 7-10x gains imho.

Were boomers interested in the security/privacy aspect of blockchain?

cryptohou.se/speakers

what you all missed.

Playing off my last question, if smart contracts were not getting any attention, and thus meaning Chainlink has no one's curiosity, what would be a sensible alternative investment?

We're talking tens of thousands of $

too russian. had some fancy coffee with smoke coming out of it and a lemonade stand lol

Was the lemonade any good

REQ had zero presence at Consensus.

If you're a biz_classic voter there is a link to it in your dashboard; it's a voter discord not a generic Jow Forums one.

They were but I didn't interact with them too much. No major buzz from them or about them as far as I could tell.

coindesk.com/events/consensus-2018/sponsors/

SONM had a HUUUUUUUGE beautiful booth (something like 16x the other booths, and they had a lounge), and a great speaker presenting. Unfortunately the actual team barely spoke English (they're Russian), but their booth was filled non-stop the entire event anyway. ARK was a four block sponsor, as was einstein, but Einstein had ads on half the escalators and ARK had the other half. ARK also had GIGANTIC banners and ads EVERYWHERE.

They weren't there, but we caught a boomer literally trying to convince their company to throw millions of dollars at Skycoin over the phone and talking about "Synth" being some god-like yet autistic being.

I'm aware that most of the shit happens at the parties. It just didn't work out for me this year even though I had access, I couldn't attend. I got plenty done at the conference itself. And yes, I was supposed to go to the cruise but was busy until after 7:30.

For the tech? None. I didn't see a single innovative technology that actually pushed blockchain forward. Just centralized utility token style garbage. SONM was the most interesting technically.

Because of how they marketed? SONM, ARK, BLOQ when it launches. Basically the 3 biggest coin sponsors of the event, just because of how much networking I saw directly because of the advertising and the huge SONM booth. Also the ARK faucet drew crowds all 3 days so I'm proud of bringing it.

Best thing I got was a $600 hardware wallet because me and Chang promised we'd pentest it after we told them running a hardware wallet on Android was a garbage idea.

The coffee was

i wonder what he was even there to talk about? i've never heard of that particular Rothschild to be honest

There was this chinese hardware wallet company that was trying to sell their Android-based hardware wallet for $600. They ended up giving us 2 of them to try to "hack."

Keepkey was giving away free wallets too.

This:

It's more politics than crypto. This space is just like others in that aspect; your connections matter the most when it comes to getting exposure and funding. It's only after that your technology matters in the long run.

biz is just ahead of the curve, per usual


will Ark gets its much deserved moon?

Do you agree with OP that there will be a bull run this year? If so do you think it would be market wide for almost all coins or only a select few coins?

Fuck. That's always something I've been fearful about with Russians. They know how to set a stage, but fuck up the acting. Glad to hear they were busy, though.

were any of the coins at consensus giving scammy vibes? or are they all safe to invest in

I didn't visit the booth for long but I spoke to the guys outside for a while. They were on the other side of the floor so I couldn't see too much, but the guys I spoke to were cool people at least. Not autistic, sociable, etc, so they probably did fine networking wise.

If you mean steal your money and run scammy, nothing really stuck out at me.

>REQ had zero presence at Consensus.
it's like they don't care

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What was your impression about ICON and the buzz around it?

what do you mean by that exactly? Rothschilds are all filthy rich beyond measure so why would one want to attend? it couldn't be just to network

>wasted $3k
He didn't pay anything though, ark team invited him and paid for it.

That's because the crypto projects out there that are worth anything from a technological standpoint didn't attend Consensus 2018 because they're actually WORKING and not swimming in ICO money begging people for more.

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There was some buzz for sure, I'd say positive vibes definitely. I don't have a particular opinion. I spoke for a while to an ICON guy and we chatted about the technology. They're doing something similar to ARK (listener nodes), so it's centralized and trusted, but we discussed and ICON is not aiming for open easily deployable bridgechains, they want to target private business chains and trusted permissioned blockchains. The underlying tech is nearly the same though, just radically different marketing and presentation directions.

>.t holding huge bags
I wanna cry

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the balls you two faggots have to show up to the chainlink board and not talk about chainlink. outrageous.

How about Streamr? they had big booth and a presentation on the mainstage.

And was Fusion getting much attention, it is an interoperability project?

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What about AMB? Talk to them at all?

Probably has to do with US regulations.

>chainlink board
lmao

Can't help it if your shitty chainlink wasn't at consensus

This is how bitcoin will hit 1MM. Banks will buy shitcoins they have no idea what they do, they will just be asking or expecting when moon? This will lead to the golden bull run. Then it will be the mother of all crashes. Banks will lose so much money and need to be bailed out by the US govt again. This will be the financial crisis all over again. The USD will be inflated to hell and bitcoin will soar.

From a marketing perspective they definitely had the best room setup. A few small startups showing off IoT and data streaming setups, and they had a popout 3D logo at the entrance unlike the other rooms, and when you see the entrance it's a cool curved glowing wall. Tech is just basic utility token BS but their presentation was fucking ace.

Fusion had some weird 180 degree camera setup for taking photos with a bunch of cell phones at once, and they were around but they didn't seem to have drawn too much attention, at least from what I saw.

They didn't have a booth but I heard they were there. Didn't get a chance to talk to them, sorry.

lmao crypto default swap! Bundling shitcoins into instruments and trading their derivatives! This is going to be hysterical

Kek. Fucking true tho.

What exactly made you feel bullish about the end of this year, user?

Good thread. Thanks to both of you guys

1) I have a big bag of Icon, am I gonna make it?
2) if all this money is coming in, what’s taking them so long reeeee I want moon now

What was the vibe around Stellar and Enigma? I don't know if they had booths but they gave talks.

Just clearing this up, go to req Twitter and you'll find within seconds that they were there. Giving away big power packs with pulsation request network logo on them.

Did you hear anyone talk about CHAINLINK

Never heard of it. Sounds weird and creepy.

God i wish you dicks would read thru the thread before posting

>From a marketing perspective they definitely had the best room setup.
Considering that the boomers don't understand the tech at all according to you wouldn't this be the most important thing at least for the shortterm?

ICON seemed good, they were seen around a lot and talked to a lot of people.

Correct. I don't think the tech mattered at all - because frankly, there wasn't ANYTHING new at all at this conference in terms of blockchain innovation. Just ways to do old things on the blockchain (especially things that make no sense to do on the blockchain).

what kind of slack jawed faggot goes to consensus, skips the parties, comes to Jow Forums and doesn't talk about chainlink? is this a ruse?

Lol there were no booth babes. Lack of if anything

so anything to come out of it from ark’s perspective?

What did people think about the lack of regulatory clarity and possible security classification issue?

Holy shit HE DID MENTION CHAIN LINK YOU DUMB FUCK

There were females in tons of booths that didn't understand the project they were there representing, and would direct people to talk to the guys or gave a memorized speech.

Looks like ARK made a few more industry connections and we got a lot of interest because of the faucet I brought to the event - the booth was basically constantly flooded with people.

Crypto geeks were annoyed about it. Boomers were laughing at them.

we require more than a mere mention.

Let me restate what moon said: no booth, but Sergey was walking around. It requires no more discussion as Sergey doesn't give a shit about marketing his product yet

If interoperability is the new meme, what were the interoperability projects that stood out the most at Consensus?

Also doesn´t Ark have good connections in France, which seems to lead the developement of the blockchain industry in europe?

>Boomers were laughing at them.
Gas the boomers, generation war now.

but he was there marketing. moonman really dropped the ball with this thread.

With all the boomers present, Holochain aint looking so bad now.