Ayos thanks dito boss @mjglqw at hindi tlaga siya pure dex so kung sakin ang itatawag ko nalang sa kanya e semi-dex pero atleast hawak mo pa rin sa wallet mo direkta yung mga coins mo while trading mas less vulnerable compared to centralised exchange incase of hacking.
Yes. That's what mostly matters, security of funds. Very inaccurate lang talaga ung pangalan in the first place. "Binance DEX". Kumbaga sumabay lang talaga sila sa hype dahil sa mga nagsisi labasan na "DEX". Pag pinangalan nilang "Binance non-custodial exchange" sigurado ako hindi ganun ka magiging hyped up ung bagong platform nila.
|
|
|
Decentralized? Not so sure. Bitcoin is decentralized dahil, walang single point of failure. Meaning, ang bitcoin: - Walang Bitcoin CEO
- Pretty much kelangan i-shutdown ang buong internet para ma-shutdown ang bitcoin network
Binance "DEX" though? Maybe only partly decentralized. - Owned and led by ChangPeng Zhao
- Binance "DEX" is still running on their servers to some degree, meaning pwedeng pwede i-shutdown ito
A better definition would be non-custodial; dahil, while hindi ito decentralized, hawak mo parin ang keys mo hence ikaw lang ang may control sa funds mo. Hindi kagaya ng centralized custodial exchanges whereas hawak ng exchange lahat ng funds ng mga tao.
A Tweet by ChangPeng Zhao(Binance CEO) himself: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fif6dfRl.png&t=663&c=O7ca232kROi4mw) Source: https://twitter.com/cz_binance/status/1098917213321408512?lang=en
|
|
|
Can we finally admit that bitcoin is probably never going to be used for day to day payments? Can we finally switch to the idea that bitcoin is more like gold than anything else and stop this idea of ''mass adoption''?
The thing is, bitcoin can be used like gold for store of value, and at the same time, as a currency for payments. Bitcoin might not be ready for "mass adoption" right now, simply due to price volatility and currently not being fast and cheap enough for day-to-day transactions, but it can come in the future. Always remember: Technology moves forward. There are smart people working in the cryptocurrency space that may have the solution to the problems we have right now.
|
|
|
Yeah, but having 1 whole or having 0.something is not the same for those who wanna show a status symbol Like having a gold bar or having just a plaquette in g. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes. Just like having 1 million dollars in your bank account or owning a Lamborghini Murcielago is a status symbol. A lot of people like it, but not everyone can afford it. That's how the world works, and there's nothing we can do about it.
|
|
|
No-one wants to spend it,
People are, believe it or not. It's just that not much people are. For now, bitcoin will just be used for "niche" transactions, until it gets higher liquidity hence higher price stability; then we will see it widely adopted without the usage of services like BitPay. I am asking me this Q: ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) If everyone is holding.... and the last block is mined, supposing that on the planet earth there are more than 21mil millionaires, and each of them as a status of symbol would like to have at least 1 BTCThere will be no chance to serve them all There will. It's just most likely going to be expensive as heck. Remember, there will always be buyers and sellers, so there will always be a chance for people to buy one full bitcoin. The question is just if they can afford it or not. Also just to add, you. dont. need. to. buy. one. whole. bitcoin. to be able to participate and to hedge your funds.
|
|
|
Yeap. Very unfortunate. No choice sila kung hindi sumunod. If not, baka ipasara pa sila. Fortunately, meron pa tayong Mycelium Local trader at Bisq. Unfortunately kokonti lang willing magtrade dun ng cash-to-cash dito sa Pinas.
|
|
|
True diversification of funds is i-aallocate mo ang pera mo sa businesses, stocks, and other assets, hindi ung diversification na ilalagay mo sa ibang mas risky pa na coins at tokens ung pera mo.
Well done OP +1
|
|
|
Yeah, because it's that easy to run a "society" right? Just grab a handful of random people on some internet forum to help run a "society". Sounds like a good and successful idea.
|
|
|
Ano kaya ang naging dahilan ng pagtanggal ng peer to peer trading sa localbitcoin? May kinalaman kaya ito sa mga regulasyon na pinapatupad ng financial institution na nakakasakop sa jurisdiction kung nasaan ang LocalBitcoin?
Most likely. Peer to peer cash transactions are anonymous, hence either nakatanggap sila ng sulat galing sa gobyerno, o inalis nalang nila ng maaga bago pa sila lapitan. Pretty much same thing sa nangyari sa ShapeShift kaya nag require na sila ng KYC; whereas may government intervention.
|
|
|
Is the scammer from here? If so, I think the best you can do is to give the scammer a Negative Trust point through his profile. Beyond that? I don't think there's nothing you can do.
|
|
|
Yea.. this is probably pretty much like what happened to ShapeShift, whereas they required KYC mostly due to prevent the government from shutting them down. People are attacking these businesses saying that they're removing the "true spirit or crypto" or some BS like that. Anyway, people can still use Mycelium Local Trader[1]; though there are definitely a lot less people using it.
[1] [1] https://mycelium.com/lt/help.html
|
|
|
It's pretty pointless to use Bitcoin right now for transactions, besides a small niche of merchants mostly in the bitcoin markets, and the gaming markets. I'm pretty sure almost everyone knows that already. Bitcoin is simply really not ready for merchant transactions yet, but that can come in the future. I somewhat agree a bit with this image posted by Murad Mahmudov on Twitter: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FDi9512YX0AImfW1.jpg&t=663&c=fpEVJjLVD_Tw9g) Source: https://twitter.com/MustStopMurad/status/1022169639386836992
|
|
|
You technically can probably, but the hashpower would be so low that in the lifetime of your phone I don't think you're going to get even a single dollar. Instead, you're actually losing money because you're using all your phones power, wearing your device out a lot more quickly than it should be from normal use. Your phone would be dead a lot sooner.
|
|
|
You learn about anything regarding bitcoin by doing research, and that can be outside Bitcointalk. Simply just use your favorite search engine to look for reading material, and just ask here on Bitcointalk if there are things you don't understand(after consulting Google first).
|
|
|
If you really can't get LocalBitcoins to work, I suggest trying Mycelium Local Trader[1]. Not sure if there are buyers/sellers on the city you're in, but hey, it's worth a shot.
[1] https://mycelium.com/lt/help.html
|
|
|
Ano kaya ang naging sanhi ng ganitong klaseng event? Bot error kaya? O isang whales na nawalan ng gana sa Bitcoin?
Though pwede ring bot error, most likely na-fat finger ung sell button; and since walang enough liquidity sa trading pair na un, nagdrop ung price. Kung nawalan man ng gana ang isang whale, most likely ibebenta niya ang holdings nya in small increments and on multiple exchanges with good liquidity, para hindi nya ma-crash ung price at mabenta nya ung bitcoin nya ng ok na presyo.
|
|
|
Just so if you're curious, the first one is LockTrip, and the last one is Refereum. Both quite famous airdrops. I know them because referral links of both of those were being spammed on some of the Telegram groups I was in back in the day. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
|
|
|
Why does everything have to be so binary?
Personally I think gold's a load of boring, staid bollocks that I'd only bother with as a paperweight. At the same time I totally understand why people would consider it over BTC and I really don't think there's much overlap in the type of person who'd consider either. Even better they can have a dabble with both.
Pretty much my thoughts. Silbert was against gold hence I didn't like his stance, not like Voorhees'[1] stance. There was definitely a conflict of interest for both Silbert and Schiff that they had to defend their asset no matter what simply because they're incentivized to do so. Bitcoiners can be gold bugs too. As both advocate for these assets because both are simply against fiat in the first place.
[1] https://www.youtube.com/watch?v=q8R71WGO3qU
|
|
|
What's the point then? I would understand if its just to move your coins to consolidate them or for something that isn't urgent at all.
Well, this was actually my assumption, because it's pretty pointless to use non-lightning BTC right now for merchant payments. Read my first reply on this topic if you haven't: To be fair, Roger Ver and other big blockers are complaining about the "high transaction fees" in the form of coffee-value transactions though, for the typical person trying to go on his day; not multi-million dollar transactions. Still great to be able to transfer huge amounts of money with just a fee of a few dollars though.
|
|
|
payed a 5 dollar fee for a 50 dollar transfer that is super expensive, would not have dont the transfer if i saw the fee earlier. and you cant take a 500 million transfer and compare it . it is 5 dollar no mather the size.
I mean, why did you choose a $5 fee when you're just moving $50 in the first place though. Unless you use some centralized wallet, you can set the fees to something like 50-80 sats/b and it would be confirmed probably in hours.
|
|
|
|