Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: TKeenan on March 31, 2017, 01:09:34 PM


Title: Bitcoin Layer2 Same bitcoin but with added high perfomance functionality
Post by: TKeenan on March 31, 2017, 01:09:34 PM
Do you realize you can get 100% perfect exchange rate risk protection between BTC-USD?  Tether is USDT and it lets you sit on dollars while bitcoin prices sink.  Jump right back into Bitcoin when the bottom comes.  These trade perfectly and smoothly.  Check on Poloniex and now on Kraken too.

It's all built directly into the bitcoin blockchain.  It is advanced function on the 2nd layer.  (Provided by Omni).  Think it is not so important?  Did you realize Tether just made another $10 million deposit this week?  That is $55 million in total.  Last 24 hours, Tether volume is $34 million.

This is a great example how you can build very useful function right on top of the bitcoin blockchain.  Omni is awesome.  What can you build as a Bitcoin 2nd Layer?  

Title: Re: Bitcoin Layer2 Same bitcoin but with added high perfomance functionality
Post by: Xester on March 31, 2017, 01:24:16 PM
Quote from: TKeenan on March 31, 2017, 01:09:34 PM
Do you realize you can get 100% perfect exchange rate risk protection between BTC-USD?  Tether is USDT and it lets you sit on dollars while bitcoin prices sink.  Jump right back into Bitcoin when the bottom comes.  These trade perfectly and smoothly.  Check on Poloniex and now on Kraken too.

It's all built directly into the bitcoin blockchain.  It is advanced function on the 2nd layer.  (Provided by Omni).  Think it is not so important?  Did you realize Tether just made another $10 million deposit this week?  That is $55 million in total.  Last 24 hours, Tether volume is $34 million.

This is a great example how you can build very useful function right on top of the bitcoin blockchain.  Omni is awesome.  What can you build as a Bitcoin 2nd Layer?  

I do not really understand how it works and I find it very confusing. In this case are you referring to an app or a site that allows you to sell your bitcoins in the exact or average value of bitcoins at that moment. Or possibly this would mean that by investing on the bitcoin 2nd layer trading sites we will be passive traders that will enjoy the profit from the trade without doing nothing and everything will be done automatically by the site?

Title: Re: Bitcoin Layer2 Same bitcoin but with added high perfomance functionality
Post by: Qartada on March 31, 2017, 01:26:32 PM
Quote from: Xester on March 31, 2017, 01:24:16 PM
Quote from: TKeenan on March 31, 2017, 01:09:34 PM
Do you realize you can get 100% perfect exchange rate risk protection between BTC-USD?  Tether is USDT and it lets you sit on dollars while bitcoin prices sink.  Jump right back into Bitcoin when the bottom comes.  These trade perfectly and smoothly.  Check on Poloniex and now on Kraken too.

It's all built directly into the bitcoin blockchain.  It is advanced function on the 2nd layer.  (Provided by Omni).  Think it is not so important?  Did you realize Tether just made another $10 million deposit this week?  That is $55 million in total.  Last 24 hours, Tether volume is $34 million.

This is a great example how you can build very useful function right on top of the bitcoin blockchain.  Omni is awesome.  What can you build as a Bitcoin 2nd Layer?  

I do not really understand how it works and I find it very confusing. In this case are you referring to an app or a site that allows you to sell your bitcoins in the exact or average value of bitcoins at that moment. Or possibly this would mean that by investing on the bitcoin 2nd layer trading sites we will be passive traders that will enjoy the profit from the trade without doing nothing and everything will be done automatically by the site?
Tether is a service that lets you sell your cryptocurrency into a currency tethered in value to the US dollar.  Much easier than transferring to fiat currency every time and you can do it on Poloniex easily.

Title: Re: Bitcoin Layer2 Same bitcoin but with added high perfomance functionality
Post by: TKeenan on March 31, 2017, 01:49:35 PM
Quote from: Xester on March 31, 2017, 01:24:16 PM
Quote from: TKeenan on March 31, 2017, 01:09:34 PM
Do you realize you can get 100% perfect exchange rate risk protection between BTC-USD?  Tether is USDT and it lets you sit on dollars while bitcoin prices sink.  Jump right back into Bitcoin when the bottom comes.  These trade perfectly and smoothly.  Check on Poloniex and now on Kraken too.

It's all built directly into the bitcoin blockchain.  It is advanced function on the 2nd layer.  (Provided by Omni).  Think it is not so important?  Did you realize Tether just made another $10 million deposit this week?  That is $55 million in total.  Last 24 hours, Tether volume is $34 million.

This is a great example how you can build very useful function right on top of the bitcoin blockchain.  Omni is awesome.  What can you build as a Bitcoin 2nd Layer?  

I do not really understand how it works and I find it very confusing. In this case are you referring to an app or a site that allows you to sell your bitcoins in the exact or average value of bitcoins at that moment. Or possibly this would mean that by investing on the bitcoin 2nd layer trading sites we will be passive traders that will enjoy the profit from the trade without doing nothing and everything will be done automatically by the site?

Cryptocurrency is not very good for people who get confused easily. Try checkers or Tiddlywinks (http://www.amazon.com/House-of-Marbles-213602-Tiddlywinks/dp/B000HWPM7C).  Pick-up sticks or jacks could also do the trick.

Title: Re: Bitcoin Layer2 Same bitcoin but with added high perfomance functionality
Post by: jste10 on February 13, 2018, 10:30:23 PM
Quote from: TKeenan on March 31, 2017, 01:09:34 PM
Do you realize you can get 100% perfect exchange rate risk protection between BTC-USD?  Tether is USDT and it lets you sit on dollars while bitcoin prices sink.  Jump right back into Bitcoin when the bottom comes.  These trade perfectly and smoothly.  Check on Poloniex and now on Kraken too.

It's all built directly into the bitcoin blockchain.  It is advanced function on the 2nd layer.  (Provided by Omni).  Think it is not so important?  Did you realize Tether just made another $10 million deposit this week?  That is $55 million in total.  Last 24 hours, Tether volume is $34 million.

This is a great example how you can build very useful function right on top of the bitcoin blockchain.  Omni is awesome.  What can you build as a Bitcoin 2nd Layer?  


sorry to put this here, know its the wrong place... but TKeenan could you message me..? i tried to PM you, but you have blocked fresh users like me...

Thanks in advance!

Title: Re: Bitcoin Layer2 Same bitcoin but with added high perfomance functionality
Post by: Sovelas on February 13, 2018, 10:49:25 PM
Quote from: TKeenan on March 31, 2017, 01:09:34 PM
Do you realize you can get 100% perfect exchange rate risk protection between BTC-USD?  Tether is USDT and it lets you sit on dollars while bitcoin prices sink.  Jump right back into Bitcoin when the bottom comes.  These trade perfectly and smoothly.  Check on Poloniex and now on Kraken too.

It's all built directly into the bitcoin blockchain.  It is advanced function on the 2nd layer.  (Provided by Omni).  Think it is not so important?  Did you realize Tether just made another $10 million deposit this week?  That is $55 million in total.  Last 24 hours, Tether volume is $34 million.

This is a great example how you can build very useful function right on top of the bitcoin blockchain.  Omni is awesome.  What can you build as a Bitcoin 2nd Layer?  
Well....and that's how banks embedded bitcoin...layers upon layers :/


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