The primary functions of a bank are holding and transferring money, but they can also perform a variety of other functions because of their ability to hold and transfer money. Now that cryptocurrencies give everyone the ability to hold and transfer money, the dominance of banks will come to an end.
Still, the demand for banks is likely to continue though it will take a different form.
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Ive traded stocks. Ive traded forex. ... Im confused as heck though.
I don't why you are confused. It is no different than regular currency trading, and you can always trade for USD when you are done.
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It seems like an obvious scam to me.
How do you know they will gamble with your money? They could just keep the 90% and say you lost.
Anyway, why can't you gamble it yourself? Do they claim to have a system? If they claim to have a system, then it's probably a scam.
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No. It is very simple. If you need to ask strangers on the internet, then you should definitely not.
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If only people would understand that it is the members of a pump-and-dump group that are the intended victims of the pump-and-dump scam.
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I agree with #1-#4, but #5-#8 are a stretch.
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A bitcoin does not provide income, so it's value is based on its utility. Because Bitcoin basically has no utility right now, the current value of a bitcoin must be the discounted value of the future utility. In other words, if a bitcoin will be worth something in the future, it must be worth some fraction of that now.
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Bitfinex has been around for many years, They are not a scam.
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Hello, is selling on localbitcoins safe? Seller with many feedback could have bought that account. And when he sends it via bank transfer is that possible from him to ask for refund? And bank send him that money. Please help, want to sell bitcoin but I'm afraid to get scammed.
Buying bitcoins on localbitcoins is very safe as long as you stay in the escrow system. Selling bitcoins on localbitcoins can be risky, mostly because transactions through most online payments can be reversed and Bitcoin transactions cannot. I would recommend becoming very experienced with using localbitcoins before selling, and then being very careful with online selling because newbie sellers are targeted by scammers. When I sold bitcoins on localbitcoins, I only did face-to-face transactions with cash to avoid getting scammed.
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In a way, opening a channel is like buying a prepaid debit card. You pay a bunch of money up front and then spend it wherever LN is accepted.
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This forum is for posting links to articles about Bitcoin.
If you want to post a list of headlines from articles about cryptocurrencies, you will probably be more successful in the Altcoin Discussion forums.
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A coin exists only in its block chain. You can't have a euro block chain, for example, because euros would exist outside of the block chain.
Yes, I know that. My question is how certain blockchains (coins) can gain value by being turned to RL purposes. Again, how could a bank (for example, and again referencing XRP) use an existing blockchain for the transactions they are already carrying out in a particular way. If I could mentally bridge the gap between the idea of the tech, and how it's actually implemented by adopters, I could apply this knowledge to researching coins/applications that I would support. Other than markets discovering a price through supply and demand, a coin gets its value from promises -- Chase promises that they will give you $1 for each "Chase-USD" ripple token. Tether promises to you give you $1 for every USDT. Oh sorry, Tether makes no such promise, so i have no idea how they get away with it.
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A coin exists only in its block chain. You can't have a euro block chain, for example, because euros would exist outside of the block chain.
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If pump and dump comes from traders, it shouldn't be illegal....
... what will happen to them if they were caught and said that they're part of the group that pumps and dumps?
It's difficult to determine if certain pump and dump in prices were actually orchestrated...
It is clear that many people don't know what a pump-and-dump scam is. That is unfortunate, because their ignorance may lead them to join a pump-and-dump group, not knowing that they are the intended victims. Pump-and-dump is not a rise in price followed by a fall in price. That is the result of a pump-and-dump. If I quoted you, please read this: "Pump and dump" (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements...
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I am holding below coins. please let me know its good or need to add or remove the coins. i have only one month experience in this filed, its very difficult to finalize my portfolio. please help me here provide your valuable inputs. 1. Mothership 2. Publica 3. minex coin 4. icon 5. Cybermile 6. ATMChain. 7. Funfair
Well, it's not looking good for you. 1. Mothership: -24% today, -45% since 1/14 2. Publica: -19% today, -71% since 1/9 3. Minex coin: -24% today, -67% since 1/9 4. Icon: -27% today, -44% since 1/9 5. Cybermiles: 25% today, -62% since 1/9 6. ATMChain: -24% today, -49% since 1/9 7. Funfair: -30% today, -60% since 1/9
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I recently created a bunch of paper wallets by downloading software and creating some addresses while I was offline. That said, do I now need to activate these addresses somehow? (I guess I'm kind of wondering how the exchanges will know that my addresses actually exist if I created them while I was offline).
There is no activation. Addresses are not registered or activated or anything. They are just used. What are you trying to do? I don't know why an exchange would care if your paper wallets have bitcoins or not. If you want to send bitcoins to a paper wallet, you simply enter the wallet's address where the site tells you to.
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- Should I use 1 email for all or 1 coin?. Eg: 1@1.1 for Bitcoin, 2@2.2 for Ethereum, ... or allinone@email for Bitcoin, Ethereum, ....
- Should I use Gmail or secure email like ProtonMail, Tutanota for coins?
Just as it is safer to use a different password for each account, it is also safer to use a different email and user-name for each account. This applies to all online accounts, and not just cryptocurrency accounts.
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In my opinion, TA is astrology for speculators.
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It looks to me like it is headed to $10,000 in 2018.
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