In a "permissioned ledger" (i.e., a distributed mirrored decentralized tamper-resistant database for a closed set of non-anonymous, legally bound entities), transaction processing would be done by the member entities, for whom the service would be compensation enough; and/or by external contractors, who would get paid in dollars through banks, the old-fashioned way.
They already have what you've described. It is called SWIFT. |
|
|
|
its me or the price is gravitating around 333, or 666/2 ?
Where have you been? That has been the Number of the Beast since the First Halving (2012-11-28). Depends which currency you trade bitcoin against. CNY and EUR volumes are leading. So, USD 'Beast' is rather insignificant. |
|
|
|
Some whale entity has the market by the balls. He can do what he likes, and what he likes is everyone elses FIAT.
No. What he likes is everyone elses bitcoins. If that is the case he don't got mine  His only chance is if you trade using your bitcoins as margin collateral. |
|
|
|
Some whale entity has the market by the balls. He can do what he likes, and what he likes is everyone elses FIAT.
No. What he likes is everyone elses bitcoins. |
|
|
|
|
I've missed most of the 200-500 move. I'll not miss the next 300-700 one. I can wait.
|
|
|
|
so Russia bombing someone means they want them to use the Ruble?
Since when ISIL is a nation? Has US gov prepared such a resolution to be adopted by United Nations Security Council? Will not be a surprise! Since it became a self-proclaimed Islamic state? Where do you libertardian sovereign citizens stand on such matters? LOL Dollar cultists and ISIL supporters in united front against... what? I do not support ISIL any more than I support Somalia or Canada. Just answering your question. The question here isn't whether it is more. The question here is why isn't your support less. |
|
|
|
so Russia bombing someone means they want them to use the Ruble?
Since when ISIL is a nation? Has US gov prepared such a resolution to be adopted by United Nations Security Council? Will not be a surprise! Since it became a self-proclaimed Islamic state? Where do you libertardian sovereign citizens stand on such matters? LOL Dollar cultists and ISIL supporters in united front against... what? |
|
|
|
so Russia bombing someone means they want them to use the Ruble?
Since when ISIL is a nation? Has US gov prepared such a resolution to be adopted by United Nations Security Council? Will not be a surprise! |
|
|
|
'Dollar-dedicated forums'?! Those are as common as forums celebrating having teeth, or promoting the advantages of not constantly poking yourself in the eye with scissors, i.e. not common at all. Care to guess why?
Let me try.... Don't have dollars = Don't have teeth And you say you aren't dollar cultist!? Not that bitcoiners don't try their best to be pests.
So, back to square one. What're you doing in a 'pest' forum? Trying to pest-control? You not only harass businesses but bomb entire nations for not wanting to use your pointless (dollar) tokens in their international trade and impose sanctions, so that they couldn't run from your MLM dollar pitch. |
|
|
|
This is a thread for bitcoin traders. People who trade bitcoin. What you're looking for is a thread for bitcoin cultists, where people believe in bitcoin  Well, it seems what you're looking for is a thread for dollar cultists, where people believe in dollar. Question: Why bitcoin cultists are not interested in dollar dedicated forums? Why dollar cultists are flocking to bitcoin forums? |
|
|
|
You've made 20k bucks over 2+ years? And it's all unrealized profit I keep all my realized profits in BTC. I'm happy with my decision for it proved to be the right one. Bitcoin has lost 2/3rds of its value over the last 2 years, and you still haven't learned the meaning of unrealized profits  I'm just laughing at your '2 years' argument for I'm trading bitcoins since it was a single digit of dollars at MtGox. Profits => bitcoins => bitcoin withdrawal from the exchange. Never had any issues with any exchange so far. |
|
|
|
You've made 20k bucks over 2+ years? And it's all unrealized profit I keep all my realized profits in BTC. I'm happy with my decision for it proved to be the right one. |
|
|
|
We are not going to stabilize anytime soon with this ongoing level of insane trade volume. Increased level of bitcoin adoption leads to increased level of trading volume. It is absolutely logical. |
|
|
|
I sold at $390, and still winning. I will not be re-entering until we're back in the $230-250 range. I have little doubt it will get there. I have patience, I can wait.
Have you chosen a building to jump off if we don't get back in the $230-250 range? |
|
|
|
Whoever is doing the DDoS is probably doing it to manipulate price and of course they are going to try to cause trouble right when the market starts to move and is most ripe for manipulation.
If your website is down and API unaccessible how is price moved? Who can place market orders while all the rest can't? Why the attackers are so confident they can trade at Kraken while all the rest can't? We are investigating to see if we can find a connection between the DDoS and trading on our site and will take appropriate action if we can identify someone, but it may be very hard to do so.
Is there a customer or group of customers that have privileged access to your trading engine? They must also have access to the order book, including hidden orders! They can profit only if they know at what price level majority of 'take profit' and 'margin liquidation' orders are grouped. |
|
|
|
the DDOS starts exactly to the moment of the big price movement?? (right now)
That is exactly what I pointed out too: It seems like you guys at Kraken can't handle the volume lately...
However, Kraken claims that the trade volume and this problem are not related. I am not sure what to believe. I don't believe there are DDoS atacks. The 'DDoS' attacks, as Serpens66 pointed out, always coincide with strong price movements. Kraken's customers can't take advantage of obvious trading and arbitrage opportunities. Usually this is unmistakable sign of insider manipulating profit taking and margin liquidation price levels. |
|
|
|
what is it that we are missing? them buyers know something...
You know it too. Not sure why you're missing it? There will be only 21 million bitcoins. There're millions of people that would like to have at least 1 bitcoin! |
|
|
|
I started shorting @ $399 and kept shorting the whole way up. I could have shorted twice as much, but after covering @$380, I know have enough to safely short Three times as much if we come anywhere close to $420 again. I also transferred in some coins I was using for arbitrage just so I have some extra margin.
Try it again, Bulls. I double dare you. See if I'm bluffing.
billy, you're a looser. |
|
|
|
Did I ever tell you that only fools invest in currencies? Buying bitcons is not an investment. It is preserving the purchasing power of your capital. |
|
|
|
It is so obvious that government puppets want bitcoin blockchain without bitcoin. You know, from time to time developers need to eat! Who will finance them? Bitcoin is not an amateur game anymore. Bitcoin needs dedicated professionals working full time on any serious implementation. We should be grateful what Blockstream is doing for Core devs. This was a job originally planned for the Bitcoin Foundation but they are nearly bankrupt following Mike's and Gavin's advice to lobby and educate government. What the Bitcoin Foundation got at the end for all the efforts and money they've spent is... Bitlicense. |
|
|
|
|
Show Posts
