I've been using Altcoins, mainly, for two purposes. One is trading and the other is for small payments with low transaction fee. Except them, what're the other Altcoin Advantages you know?
Fungability is huge and speed and cost are no small factors to be shrugged off lightly, the larger chains are getting smashed right now and showing their weaknesses. |
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What will happen to the crypto market after five years? All the scammers will be locked up and the money spread far and wide to help humanity as a whole. Lol Yeah right! They all gonna get little fines like the bankers. |
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Noblecoin was just that (A Noble Cause) until POW was replaced and the evil POS P&D dickwads got their way.
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Bring it grandpa. Let's go.
I don't understand derivatives so they scare me.  I remember something about them and integrals but it made my head hurt.  |
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It was just a stupid man, maybe he was too old for his mind to keep up with the new age.  This guy is anything but stupid he is dead dangerous. CME Group is the largest futures exchange in the world. |
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seems tricky. it may be used for illegal stuff. what are the predictions on this?
Whats your point? USD is used for illegal shit all day long and twice at night. People that say this make me sick. You need to learn a thing or two. |
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Does that turn taming dead animals into a spectator sport?
Lol, you know thats not the point. They are the ones that print the money which in itself cannot hurt crypto directly, but when the futures get manipulated by them and all the sheep get fleeced by it they will not understand that it was not crypto that screwed them but the bankers. People are just plain stupid and he is actually correct, hell remember all the bullshit lies about bitcoin being hacked because of GOX? |
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Huge Ponzie scheme with a nice signature payout to draw in more suckers. I should be interesting to see how big it gets before the entire thing comes crashing down.
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They are holding my coins hostage until I do KYC which was never the agreement when I signed up.
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I am not giving out my KYC information to some random airdrop. Damn that's retarded.
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Edited:  Added: The Proof:https://bitcointalk.org/index.php?topic=2730822.msg52847244#msg52847244Trump Administration Popped 2017 Bitcoin Bubble, Ex-CFTC Chair Says  “One of the untold stories of the past few years is that the CFTC, the Treasury, the SEC and the [National Economic Council] director at the time, Gary Cohn, believed that the launch of bitcoin futures would have the impact of popping the bitcoin bubble. And it worked.” Added as well: Clarification for the reasoning behind creating this thread https://bitcointalk.org/index.php?topic=2730822.msg52875968#msg52875968I was being overly crass with this thread just to make a point which i think was missed by the vast majority. Many times i will make a short post and expect that others can extrapolate my meaning from that and I am wrong more times than not in that regard.
The goal of this thread was to point out those in the system that are coming to get bitcoin, and as i warned they did indeed do exactly that and succeeded fairly well. They now have a position where they skim the cream off the top of this market cap with their futures and options without even having to participate in actually using , buying or holding of coins. It has been admitted by a trump whistle-blower that they intentionally allowed CME/CBOE to pop btc's run-up as a bubble. And I am absolutely certain that the mt.Gox coins as well as others were all used in conjunction in order to achieve that goal.
You must know your enemy in order to defeat him and these are the enemies of freedom, those that would control you through currencies are no less dangerous than a mugger on the street and are far more insidious. |
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This guy needs a good slap in the head. |
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Thank you I registered on Binance.
Is there any kind of welcome bonus?
LOL, yes there is for him if you used his referral link. Hah |
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The first link however is interesting. I wasn't aware of that. Thank you for bringing it to my attention.
Meh, I told them RPC was an attack vector years ago and my statements were ignored and then I was told not to worry about it as 0mq was coming to the rescue. I also tried to vet 0MQ but did not get cooperation in my attempts so gave up. Hopefully it was professionally vetted but my questions on the subject were never answered. I just got trolled about using the term wrapper for the interface and got sick of trying. Also I was making an argument for this, which I am glad was the end result. In addition, the official Monero GUI doesn't use the RPC layer, and directly implements the libwallet_api for all its wallet functions. I recall those events. In the end its hard to separate the willing from the trolls at points. And, I think, the team have largely moved off to their own forum. Just us stubborn guys still here echoing. Yep, You kids get off my lawn! Also Smooth is still here which is great to see as that's the DEV I trust the most, I don't interact with alot of them as a disclaimer. |
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Bitshares is a blockchain that has on-chain exchange features. It isn't "controlled by four centralized entities" specifically, though it is proof of stake which means very large stakeholders control the chain and I have no idea how many of those there are.
Moving on to openledger. In order to trade any non-native assets (non-native being any coin other than BTS itself, on-chain derivatives such as BitUSD/BitCNY/etc., or tokens issued on the Bitshares chain) you need a custodian to hold the deposits. The custodian then issues tokens which act as on-chain placeholders for the deposits (e.g. OPEN.BTC, OPEN.USD, etc. in the case of openledger). In order to deposit or withdraw the placeholder tokens you need satisfy the KYC, etc. requirements of the custodian (openledger) in a similar manner as you would a regular exchange, although you don't need to satisfy their requirements in order to trade the tokens, since that happens on the blockchain itself.
I don't know anything about Banx, nor do I know anything about the KYC requirements of openledger.
Good info, thx. I think Banx locked onto the bitshares project and tainted it by association. I'd like to learn more acout how they exchange for fiat. The bolded is important. Unfortunately "FIAT deposits and withdrawals are temporarily disabled. Sorry for inconvenience" https://openledger.freshdesk.com/support/solutions/articles/33000203466-how-do-i-make-fiat-deposits-and-withdrawals-Yeah, this is not very informative. Very unprofessional in the very least. I'm not trusting this exchange. FIAT deposits and withdrawals are temporarily disabled. Sorry for inconvenience.
I found this as well. https://coinjournal.net/michael-taggart-involved-banx-scam/ |
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Bitshares is a blockchain that has on-chain exchange features. It isn't "controlled by four centralized entities" specifically, though it is proof of stake which means very large stakeholders control the chain and I have no idea how many of those there are.
Moving on to openledger. In order to trade any non-native assets (non-native being any coin other than BTS itself, on-chain derivatives such as BitUSD/BitCNY/etc., or tokens issued on the Bitshares chain) you need a custodian to hold the deposits. The custodian then issues tokens which act as on-chain placeholders for the deposits (e.g. OPEN.BTC, OPEN.USD, etc. in the case of openledger). In order to deposit or withdraw the placeholder tokens you need satisfy the KYC, etc. requirements of the custodian (openledger) in a similar manner as you would a regular exchange, although you don't need to satisfy their requirements in order to trade the tokens, since that happens on the blockchain itself.
I don't know anything about Banx, nor do I know anything about the KYC requirements of openledger.
Good info, thx. I think Banx locked onto the bitshares project and tainted it by association. I'd like to learn more acout how they exchange for fiat. The bolded is important. |
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The first link however is interesting. I wasn't aware of that. Thank you for bringing it to my attention.
Meh, I told them RPC was an attack vector years ago and my statements were ignored and then I was told not to worry about it as 0mq was coming to the rescue. I also tried to vet 0MQ but did not get cooperation in my attempts so gave up. Hopefully it was professionally vetted but my questions on the subject were never answered. I just got trolled about using the term wrapper for the interface and got sick of trying. Also I was making an argument for this, which I am glad was the end result. In addition, the official Monero GUI doesn't use the RPC layer, and directly implements the libwallet_api for all its wallet functions. |
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0MG!!! this is horrible! Sell!!! |
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How to capitalize on the arbatrage between korean exchanges? We could all go there and have a party.
I was wondering the same thing. Sell high, move to tether and wait for a crash to buy low and get out of the exchange but with the premiums I think you would still be over paying unless there was a crash of 40% QFT, do we have a list around for XMR/USD pairs? Is there any exchange you can withdraw XMR in USD for US residents? I think you can withdraw from openledger the decentralized bitshares exchange. I don't know how long verification takes though OK, so I thought Bitshares and Banx were a scam but it looks like they are seperate? All I can fins is Bitshares exchange is controlled by 4 centralized entities, is this true? Where do I find out the truth about Openledger? I guess I could be our guinea pig if coinbase lets me withdraw btc. |
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As long as XMR (and the whole market) is linked to BTC, don't think we will see $777 anytime in the first half of 2018.
With futures in high gear, an explosive Bitcoin surge is possible, so being linked is not a limiting factor in and of itself. I think it's healthier for XMR not be tied to Bitcoin, but that will require more avenues to trade fiat for XMR. QFT, do we have a list around for XMR/USD pairs? Is there any exchange you can withdraw XMR in USD for US residents? Doesn't Kraken? I mean in theory? There and Bitfinex, AFAIK are the USD options. Lots more for euro etc. $729 USD at Bithumb. wow. Kraken was supposed to but then they would not allow US residents for some reason and I thought Peops were having issues withdrawing from Bittrex. Also I didn't know Bittrex had a fiat portal. |
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