What is it with the South Korean market and incompetence? You'd think they would've got rolling with impressive techno sheen but it seems to have been a chaotic improvisation from the start and it's continuing.
I'll bet the majority of places outside the top bunch are doing the exact same thing, and the top bunch did it themselves too in the early days.
This is not incompetence, this is scamming people. Chinese exchanges and many others from different countries are also known to be doing something similar. It is not breaking news, this is old news. According to Bitwise's report, only 10 exchanges have real volume and the real volume is only 4.5% of the reported volume. Go to page 60. https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf |
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INX's suitability standards wants to make it to appear different to all other ICOs, however, it only strengthened the questionable part of the ICO. To offer the investment to a few chosen people to dump on everyone else later. Also, if this is a registered security it might be okay to treat this like an IPO. However, be careful, there are also many worthless pump and dump stocks listed on stock exchanges registered with the SEC that are IPO scams.  |
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@o_e_l_e_o. How far do they look? It might become longer and farther as blockchain analytics improve hehehe.
Also, if the government can pressure a centralized exchange or a bank and order them to deny you of their service, this is similar to censorship. This only shows one of the weaknesses of a transparent blockchain.
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Would this make Kamala Harris the automatic replacement or would they give Hillary another chance? It could be anyone then: If a candidate dies before the general election but after they've secured their party's nomination, it's a relatively simple fix: The deceased candidate's party picks a replacement (who may or may not be the vice presidential candidate from the ticket), and that replacement is on the ballot on Election Day. Both the Republican and the Democratic parties have rules about how their parties would fill the vacancy. Source: https://people.howstuffworks.com/what-happens-presidential-candidate-dies.htmSome days ago people were asking to bet on Cuomo again at Betfair, which was a bit  Now he is at 1000 again (the max), but there is still some action on Harris, Hillary, M. Obama, Pence and Mark Cuban  A strong argument can be made for Michelle Obama, I reckon. Black, female and the former first lady of the United States, wife of the first black president. She qualifies in the eyes of the people under the current circumstances hehehe. |
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Lots of talk about canceling the season now. LeBron storming out of a meeting while the Lakers & Clippers both agree to cancel the season is bad news. I understand not wanting to continue providing an unappreciative community with your craft, but as a fan I’m extremely disappointed. They feel ownership isn’t doing enough to address problems in the community though and perhaps think that withholding their contribution to society is their only recourse.
I am also very disappointed. I want to watch my playoffs. Also, if they really wanted to prove that they are about change, they should give up their million dollar jobs playing a game and take a job that would help keep peace and order. Lebron will be going home to his mansion and lie down on his soft Egyptian cotton mattress. The people continue to suffer. |
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This is someone's journey in the cryptospace, what she has learned and what it must be. It is very easy to be lost from the way because the many of us want compliance and submit to the government and get rich quick.This article is a reminder and lesson on what the cryptospace should be for all of us.  By suppressing its crypto-anarchist roots and whitewashing its aims to appeal to bankers, crypto has cut itself off from its source of power.
Maybe it was my state of mind, but it felt like the dissonance between cryptocurrency’s stated aims and its material reality was reaching a fever pitch. The general effort toward compliance was not only enabling certain forms of oppression but at times actively supporting it.
At that moment, I decided that anonymity is where all philosophy of technology collides. In technical terms, it is synonymous with freedom. Practically, it can mean life or death. Read in full https://www.coindesk.com/bitcoin-lost-way-subversive-rootsNice to see a woman with a degree in philosophy (same as myself) having interest in cryptocurrencies! However, I don't share nearly the same views. For one, I don't like advocacy of illegal activities and demonization of the government and banks. There are people who are not doing anything bad but are considered criminals, and there are banks that are considered good but which commit serious crimes. However, there are also terrible things paid for in cryptos, and the government plays an important role in organizing society (it's not all bad, and I don't think that chaos would be good). According to contractual theories (Locke, Hobbes), the state appeared for a reason and returning to pre-state life is not desirable. The state protects the rights of people to be safe and for their property to be safe. If there's no state, there's no system to appeal to. Who is advocating for illegal activites and the demonization of government and banks, however? They are doing a fine job there by themselves. BACK in 2012, HSBC, Europe’s biggest bank, paid $1.9 billion to the United States’ Department of Justice to avoid prosecution for allowing its global subsidiaries to move at least $881 million in proceeds from Columbian and Mexican cartels.
But HSBC’s willingness to turn a blind eye to its customers’ criminal activities extends far beyond Mexico and the drugs market.
According to the report, HSBC helped a suspect Saudi bank move money to the US, a bank that was later discovered to have connections with al-Qaeda.Source https://morningstaronline.co.uk/article/f/shadow-hand-hsbc-drug-lords-house-lordsAlso, it is not hard to search for articles about government atrocities done to their own people. The governments and the banks are on a club on they're own and we are not in it hehe. |
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Funny news of the day. Hehehe I hope he is not thinking of what I think he is thinking on what his solution or alternative to bitcoin might be.  Chris Larsen, chairman of RippleLarsen cities an article on how China has more than 65% of the global bitcoin hashrate, although the University of Cambridge Centre for Alternative Finance (CCAF) that conducted the report explained the overall hashrate in the study “may not be fully representative”. The CCAF commented their study “...represents only a little more than a third of the total hashrate” and all the data is provided by three Bitcoin mining pools that are all headquartered in China. The CCAF hopes to provide a more in-depth report in the future that can “...add data from major mining regions such as Siberia in Russia, Washington and New York States in the US, Québec and Alberta in Canada in upcoming reports”.
Still, Larsen argues in his opinion piece to policymakers the dangers that exist were China to take over the Bitcoin protocol. “It's not hard to imagine a dystopian future. A U.S. defense payment to an ally could be blocked or reversed”, says Larsen.Source https://www.forbes.com/sites/jasonbrett/2020/08/23/chris-larsen-executive-chair-of-ripple-argues-china-can-reverse-bitcoin-transactions/ |
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Kamala Harris odds is on 47.90 on Cloudbet. I give you 80 for her, if you want  No thank you hehehe. I was only speculating on what would the Democrats do if Biden suddenly lost his memory in the middle of his campaign. Would this make Kamala Harris the automatic replacement or would they give Hillary another chance? |
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this is long on marketing-babble and short on substance the history and philosophy the author speaks about is all quite relevant, but the details of 'Dark Wallet' aren't described at all. It's actually an old project from Amir Taaki, written in Javascript, but this may have been changed since the early project. The previous anonymity tech was... Coinjoin, which is now not as exciting as it was back in 2013  meanwhile, the nascent Coinswap protocol is being worked on, and will likely be the most effective (and cheapest) way of securing privacy for all Bitcoin users, as it's impossible to know whether or not any or all BTC recorded on the blockchain is being Coinswapped, as it's on off-chain protocol. If Dark Wallet can improve on Coinswap, I'd be happy to hear about it, but it seems strange that they're only talking around (for several hundred words...) the wider issues of privacy and economic autonomy, but not providing details (or updates) on what now must be a 5 or 6 year old project. Agreed, and there was not a Github repository shared in the article to follow Dark Renaissance's progress. However the message and its idea are still very much valid, I reckon. What was the attitude during the beginning? How is it different in 2020? Today the attitude is to celebrate the acceptance of banks instead of overthrowing them. This might only be part of the stages of attitude in the cryptospace, however hehe. It might change again. |
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Despite a lot of skepticism about DeFi projects, I see them as a good prospect, as they offer real financial services to participants in this market. The emergence of various civil transactions on blockchain technology and using smart contracts solves issues that were previously in the hands of banks. Now DeFi began to really compete with banks, because loan, credit, and deposit agreements have ceased to be the privilege of banks.
The Defi concept, similar to ICOs, is not a scam, however its implemenation with the backing of speculative assets that are very volatile in nature might cause it to implode during bear markets. You know how the cryptospace bear markets are hehehe. It is a dump of more than 10% on the first day and continues to lose up to 90% of value in most cases. |
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~
However, clearly bitcoin's data transparency is more of a disadvantage than an advantage. It will create a scenario where coins are not valued the same. This is also why we have mixers and the argument that everyone should mix their coins regularly to create a big, indistinguishable, anonymous pool of transactions.
This is not that clear, imo. In the long term, when there will be no authoritarian regimes with their ridiculous laws, transparency will be a bad thing only for terrorists, fraudsters and other outlaws. Normal citizens will not suffer from it at all. Since I'm an optimist and I believe that those good times are approaching, I think Bitcoin, with its transparency, is perfect money for the future world. I am not thinking about this from a good user and a evil user attitude. I am thinking about this from the attitude that blockchain data transparency might have an undesirable effect on bitcoin's fungibility and acceptance and its value. |
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I'm past caring about Tether myself. They have 'won' and become a fact of life.
I absolutely do not believe it arrives out of thin air. If that was true it would've lasted a few days at most, not several years. I'm sure there have been periods of time where they played fast and loose with reserves but they make it up again.
Their real genius is offloading the backing onto everyone else too. Every person who trades USD/USDT is now their backer. Every exchange who says they'll make good on the peg even if Tether don't is their backer as well.
You might not care, however, we should be aware of the transition that Tether has become similar to banks and fractional reserve banking. They can manipulate the money supply to pump the cryptospace economy and this always ends in a big short similar to the different financial crisis that have occured in the past. Has this community given up on the ideals of bitcoin's creation? |
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@estenity. That thought and reaction is really what the Grin development team wants hehehe. It might take 4 years or more before it can find its own pull on the market. The early inflation is too great for demand, however, good for wider distribution if the Grin community work on it.
Grin devs also received and sold $10m in early investor money right after launch. I suppose you Could say that’s how they “diluted early investors” 🤣🤣 $10mil split between 4(?) devs is a healthy payout for starting something new. It would easily fund full time development for 5+ years. You are talking about a different project. Grin has never received any funding from early investors. Grin relies on donations from the community. It has received some small donations and 100 bitcoins that came directly from the coinbase transactions of 2 early solo miners for 50 bitcoins each. |
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The restaurant's entire cash reserves? I reckon the most ardent of maximalists will not go to that extreme hehehe. How will he pay the restaurant's suppliers, the monthly bills and also, what would he do if a bad wallet sent a transaction to his address and the government labeled it as also bad?
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@Kemarit. Agreed! You tell them hehehe. However, it appears no one cares about the lessons of the ICO boom of 2017. Also this article. Defi is described as a zero sum game. If there is someone profiting, there is someone else paying. Similar to a ponzi? Ethereum’s yield farming space is reaching such a fever pitch that some of its biggest proponents are asserting that they’re skeptical of the longevity of this fad.
“Weeb Mcgee,” a developer whose real name is John Lim, recently asserted that he thinks the ongoing “yield farming meta” is “an unsustainable zero sum game.” Mcgee is best known for launching yieldfarming.info, a site that provides timely data on DeFi protocols.
“Yep. I’m on the record saying yield farming meta is an unsustainable zero sum game. The big winners here are protocols benefitting by capturing permanent value via inflated prices / sudden movements of funds,” Mcgee said.
Mcgee isn’t the only proponent of Ethereum to have recently asserted that the yield farming trend is getting a bit out of hand.Source https://cryptoslate.com/defi-yield-farming-is-an-unsustainable-zero-sum-game-ethereum-innovator/ |
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I would not agree that freedoms are actually increasing, especially financial ones were in many countries everything is already under the full control of Big Brother. The whole set of laws introduced by the Americans after the attack 9/11 actually allowed not only the USA to become a totally controlled state, but the pressure from the Americans on other countries is constantly increasing to do the same. If you think you are free then you haven't been paying attention. Even the things we know about are horrendous. I do not know from what you conclude that I think I am free, because on the contrary I think that all human freedoms are constantly diminishing in all countries, especially in the so-called great democracies of the Western world. In my country which is a member of the EU, for years there is absolute control of the tax administration over all bank accounts, every and the smallest transaction is visible to the authorities. It is quite clear to me that we live in a totally spy society, all social networks, computers, mobile phones, cameras on the streets and shops are networked and monitor every person - and I am also aware that things are happening in the background far from the public eye, we only see what they want.
Betwrong&bbc.reporter, BTC blockchain is public, all the data is available to anyone to monitor and study as much as they want. Some call it the advantage that BTC has over the existing financial system, others might say that it is a weakness that the authorities will take advantage of if the need arises. Realistically, as one US congressman said, Bitcoin is still a small baby that can be very easily manipulated and does not pose a great danger. I have no doubt that things will become completely different if a small baby becomes too dangerous for those who rule the world. However, clearly bitcoin's data transparency is more of a disadvantage than an advantage. It will create a scenario where coins are not valued the same. This is also why we have mixers and the argument that everyone should mix their coins regularly to create a big, indistinguishable, anonymous pool of transactions. |
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@gentlemand. I created a thread arguing that bitcoin and the cryptospace might be in the early phase of a big short scenario similar to what occured in the movie of the same title. Many disagreed with my argument and they were close to call it fud. https://bitcointalk.org/index.php?topic=5250676.0Now that you see the printing of billions of tether and the hoarding of bitcoin by unknown companies, how do you see this ending? |
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Dana should go back to Abu Dhabi for the next events, I reckon. I am certain that this will not be the last infection on a UFC athlete if this stays in Las Vegas. They are putting themselves at risk!
In any case, @YuginKadoya, our cute Japanese doll has lost the fight hehehehe.
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I want to join for near the lower part of the .003 - .005 range. I am only a casual fan and I only want to have fun while watching the games. This will also be my first time to play fantasy football, I might only be wasting some coins hehehehe.
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@davis196. However, we should reflect on what the cryptospace should be for us all, be that as it may. Are we only here to support its compliance and submission to the authority of the governments and the banks so we can get rich quick?
I am also sometimes guilty of this, I admit.
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