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Cryptocurrencies are accessing areas that are the business of government - primarily anything to do with interacting with government currencies.
If they'd stayed purely crypto to crypto there would be far fewer issues but people naturally want to cross pollinate.
As it's infringing on government business it's inevitable that they're going to assert their authority.
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There was no particular reason for the rise either. The market is slightly no man's landish. There's no definitive momentum in either direction. This time next week it could be 11 grand or 6 grand and we'd be none the wiser.
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Hi,
I just wanted to report a bug in Nano Wallet. At least I think it's a bug but I'm not sure. It appeared with version 2.0.10 and is still present with the new 2.1.2. With version 1.4.13 and before I haven't observed this behaviour.
So almost every time I log in to Nano Wallet there's another node shown under delegated harvesting and the harvesting shows inactive. When I change the node again harvesting status switches to active. I don't even have to enter my passphrase. It's interesting that it's always another node and it's always a node I haven't harvested on before. This happens also to the node I'm connected to, not only to the one I'm harvesting on.
And it also doesn't matter if I have deleted my browser storage or not.
I don't know if the bitcointalk thread is the right forum to post this on but I only have an account here.
Report it here - https://github.com/NemProject/NanoWallet |
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I'm anticipating the day exchanges become obsolete and atomic swaps become more mainstream/user friendly
Exchanges will never disappear, especially in crypto. Many, many people aren't using crypto for transactions. They only want to use it to trade. They want order books to play with. That means exchanges. @gentlemand. You do not think that it is a good idea for exchanges to work together to make cryptocoin trading a safer environment for users?
I reckon it hits 2 birds with 1 stone. It creates a safer and secure environment while keeping the government regulators away from overregulating and controlling the cryptospace.
Unquestionably. But they already have the regulations. If Coincheck had been under the umbrella there's good chance their hack wouldn't have happened. Either way a unified voice is always constructive. |
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Is there a source about the Apple thing?
They're the toppiest tech company that have said the least about crypto overall as far as I can tell. And I don't see where it fits into their plans. They're all about servicing their zombie masses with shiny things rather than purposeful tech.
If the Samsung chip cuts it is there anything stopping Bitmain buying all of them up? I doubt Samsung give the slightest shit about BTC's decentralisation.
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Treating it so seems like the most realistic option. You don't make profits out of your domestic currency. You can with foreign currencies and assets. BTC fits the criteria of both. Whether people own up to those profits is another matter.
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All of my trading decisions have been appalling. I genuinely can't think of a single one that succeeded. It's always too early and then there's a pump, or it's too late and it dwindles to nothing.
I learnt long ago that I don't have the psychological equipment to make a success of it. If more people could admit that to themselves they'd be considerably better off. Hardly anyone has what it takes to be a long term success at it.
But you make profit, don't you? By trading? Hell no. Only buying and holding. The stuff I've 'traded' has mainly been forks so it was free money and largely meaningless. If I'd laid out real money then I would've lost large amounts of it no doubt. I always seemed to get rid of the forks a few moments before they soared. The few alts I've bought in recent times thinking I was a hero are still miles underwater which is quite an achievement. |
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The Venezuelan government built and oil-backed digital currency called the Petro took its first steps towards being a functional alternative to a currency facing hyperinflation on Tuesday as it went on pre-sale.
As I understand it the backing is based on the price of yesterday's oil. However that oil price is set in... wait for it... Bolivars. So what they're trying to do is force the official government exchange rate on people which no one on the street pays any attention to. If this becomes a major thing then they're trapping people even deeper inside the disaster they've created. |
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All of my trading decisions have been appalling. I genuinely can't think of a single one that succeeded. It's always too early and then there's a pump, or it's too late and it dwindles to nothing.
I learnt long ago that I don't have the psychological equipment to make a success of it. If more people could admit that to themselves they'd be considerably better off. Hardly anyone has what it takes to be a long term success at it.
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Nice the only good news for the Wall Obs today is about Bob retiring.  Below not good news South Korea economic policymaker Jung Ki-Joon found dead in his home. He was one of the main government advisors for cryptocurrency matters. Probably a heart attack.
He was the single most important contributor to the recent KYC/AML crackdown on South Korean exchanges.
Hm. Hm. Don't know what to think. Bullish? Bearish? Dontgiveafuckish?
Was it really his heart, or something he drank/ate?
I'm beginning to sound like Torque, I know, but but...
 I heard he was gnashed to death by a swarm of cryptokitties. |
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May I ask why you don't want to sell on Coinbase or Gemini?
They have a much, much lower margin of error compared to any P2P option. Selling face to face for cash carries the risk of being robbed, selling to any individual via bank transfer or cash deposit has the risk of them attempting to reverse it by claiming a hack or mistake.
I certainly wouldn't sell huge amounts via an exchange, but for modest ish amounts that's what I'd choose if I had the option.
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I know it was big arse fall, nearly 75%, but it still feels a little too 'easy' to me for it to be completely over and now onwards and upwards.
However it's easy to discount the sheer number of extra people involved now compared to the end of 2013 and their varying strategies. There are many times more people chasing a number of coins that hasn't changed.
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Why the need for self regulation?
As far as I know Coincheck is the only major Japanese exchange that wasn't fully regulated hence the giant hack from them keeping hundreds of millions in one hot wallet.
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I’m not sure NEM is that kind of a system. I understood it as a corporate solution and that’s what it seems like it aspires to be (in contrast to a privacy coin for example, which might be more agnostic to its users). So I wish NEM had stepped in and disallows this. Surely there has to be governance over what is essentially fraud? Would NEM allow known scamcoins to ICO?
I need to have a think, but this materially changes my interest in staying in NEM.
I thought your foot was most of the way out the door already. You want even more reasons? Anyone can download the wallet and APIs and start playing and building. Their transactions can't be stopped either. It's not like IBM selling them a database solution. As NEMofficial's tweet says - 'The NEM technology is freely open to any individual or organization that wants to use it. The NEM Foundation abstains from political endorsements' |
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I actually don't understand why we need banks now to store our Bitcoin for us when the wallets that we own are good enough.
Because most people don't understand the slightest thing about online security. If they got a desktop wallet they'd use 'password' as the password and carry on cruising porn sites with no anti virus. Even hardened computer pros slip up with crypto. Grandma would be better off with a bank unless she gets a crash course and sticks to it. |
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This is disgusting.
Might as well help North Korea launch a coin next.
At least the Twitter post isn’t jubilant like it was about the hack. But still...
They can't really do anything to stop it. At least we can be certain that this is one ICO best avoided. |
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