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8721  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON [2017-10-07: update to 0.9.14.0] on: January 03, 2018, 01:08:57 AM
What are the updates on the code rebase? Is there a rough timeline that we can follow? I reckon the people working on it do not have the experience in Cryptonote related projects, how can smooth make sure that they can really do it?
8722  Economy / Gambling discussion / Re: [UFC 219: Cyborg vs Holm. NEW EVENT!] The UFC Info and Prediction Thread on: January 03, 2018, 01:00:11 AM
@btc_angela. I speculate Conor will abandon the belt and give way to Tony Ferguson as the real champ in lightweight for now. We will also see Tony fight Khabib, and then Conor will challenge the winner. But not before Conor fights Nate Diaz first.

So for 2018 it will be Conor versus Nate, then Conor versus Tony or Khabib for the lightweight championship.
8723  Bitcoin / Press / [2018-01-03]E-Trade begins CME bitcoin trading as of Tuesday evening on: January 03, 2018, 12:45:09 AM
It is news like this that makes me realize that bitcoin is now indeed part of the mainstream. We see analysts talk about it in Bloomberg and CNBC, there are now bitcoin tickers in mainstream financial new sites, and we see brokers listing bitcoin futures available for trading.

What would happen if bitcoin was dethroned as the no. 1 cryptocoin in market cap?



E-Trade Financial has opened trading in CME bitcoin futures for customers beginning at 6 p.m. ET on Tuesday, according to its website.

It is the latest online brokerage to expand trading in the relatively new products.

Futures exchanges Cboe and CME began offering bitcoin futures in mid-December after a wild run-up in the price of the underlying bitcoin cryptocurrency last year.

Interactive Brokers also rolled out trading in the products last month, and TD Ameritrade and E-Trade began offering customers access to Cboe futures as well.

Cboe Global Markets was the first to offer a bitcoin future followed a week later by CME.


Full article https://www.cnbc.com/2018/01/02/e-trade-begins-cme-bitcoin-trading-as-of-tuesday-evening.html

8724  Economy / Services / Re: [Crypto-Games.net] ★ Signature Campaign ★ Senior - Legendary[OPEN] ★ on: December 31, 2017, 12:04:59 AM
Hello, please accept my application. Thank you.

Happy new year!

Username: bbc.reporter
Current Post Count:     3423
Current Rank: Hero Member
Bitcoin Address:  1Mnebe1D8NpXQ9ZnSff6SRDX5HwtSX2vzn
8725  Economy / Services / Re: [SIGNATURE CAMPAIGN] TRUCKCOIN [CFNP] on: December 30, 2017, 11:59:17 PM
@izanagi narukami. It was a pleasure working with you. Thank you.

Happy new year!
8726  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why I would never buy XRP on: December 30, 2017, 01:20:40 AM
I reckon, Ripple labeled as not a real cryptocoin is wrong. It might be better to label it as a different flavor of a cryptocoin. It also is backed by the maths.

But what I do not like about it are the missing transactions at the beginning of its ledger. That should be investigated.
8727  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why I would never buy XRP on: December 29, 2017, 04:52:15 AM
Ripple is a payment network. Maybe a good one, I cannot tell.

SWIFT is a payment network.

Paypal is one.

SEPA is one.

XRP is not needed by the network, it does not constitute ownership in Ripple. It acts as a "lubricant" but can be replaced by another lubricant if needed. XRP owners have no vote.

Correct me if I am wrong but XRP is the only innate currency in the system in the middle of all those IOUs issued by the gateways that does not require counterparty trust, is it not? The Ripple users also pay all their fees in XRP correct? Also, they can only activate their wallets if they have the required base balance of XRP in them, right?

Then how can XRP be replaced without destroying all of the Ripple system?
8728  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON [2017-10-07: update to 0.9.14.0] on: December 29, 2017, 04:04:53 AM
@Anthony1985. I reckon for anything Aeon related for the Mac, the best person to contact is sammy007. Keep in mind that I am only assuming that he is a Mac user because he made the bootstrap file for Mac OSX.
8729  Economy / Gambling discussion / Re: Best Bitcoin Gambling Forum? on: December 29, 2017, 03:14:19 AM
I have not visited other bitcoin gambling forums, but from my experience in going to other cryptocoin forums, I saw that they are not active enough to interest me in going back. You have to wait 1 week to get a reply most of the time hehehe.

I reckon this forum is still the best for anything related to cryptocoins.
8730  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: December 29, 2017, 02:21:03 AM
@LTU_btc. What cicciobtc said is true. He is a celebrity and he should be careful in how he acts and what he posts in social media. As a person with his status, he should be giving everyone a good example on how it is to be a better human being.

Being famous has its own higher sets of responsibility.
8731  Bitcoin / Press / Re: [2017-12-28] Bitcoin 'doesn't pass the smell test,' says Massachusetts regulator on: December 29, 2017, 01:24:41 AM
The truth is no one can classify what bitcoin really is.

Yes they can.

At least a few million people classify it as money. You're labouring under the misunderstanding that all questions have a single answer, and yet simultaneously accept that this is only one man's opinion.

Bitcoin, like all money, is merely a token of value. That means that opinion matters a great deal when determining it's definition or acceptance, because the value is notional. Although people's opinions are, of course, subject to change.


I treat Bitcoin as money. Others don't. Not everyone accepts Euros either.

I was talking about bitcoin's classification under the present state of financial laws and regulations each country has today. As you mentioned, their opinions are subject to change, and they are only opinions after all. But how should a judge classify bitcoin if he were ready to make a sentence? Will his sentence depend on what his opinion of bitcoin is?

Why not make new laws and classify bitcoin as a new class of asset?
8732  Economy / Speculation / Bitcoin is losing its dominance over the crypto market on: December 28, 2017, 05:51:23 AM
In all honesty I am less worried about bitcoin losing its market dominance and more worried about what the market participants themselves are doing. More specifically on what cryptocoin will they make no.1.

None of those altcoins are technically better than bitcoin. If then something like Ethereum becomes no.1, what does that say about us as a community?

We will be nothing but a group of fools driven by greed and much willing to hold the subservient solution as a higher standard because it makes the most money.



2017 was an incredible year for bitcoin.

In addition to appreciating by more than 1,500% since the start of the year, it also now has two futures markets, which have lured a number of traditional Wall Street players in to the nascent digital coin space.

Still, in one respect the coin is far worse off now than it was at the start of 2017.

At the beginning of the year bitcoin commanded nearly 90% of the cryptocurrency market, according to data from CoinMarketCap.com. That number fell off a cliff in March, after which it shortly rebounded as bitcoin soared to eye-popping new highs.

That number started to decline again in early December, reaching a low of 42% on Monday.

It's a similar story for Ethereum. For some time it looked as if it could take over bitcoin's number one spot. Since June its share of the market has fell from about 32% to near 13% on Wednesday.


Read the full article http://www.businessinsider.com/bitcoin-price-losing-its-dominance-over-the-crypto-market-2017-12
8733  Bitcoin / Press / [2017-12-28] Bitcoin 'doesn't pass the smell test,' says Massachusetts regulator on: December 28, 2017, 04:12:21 AM
I reckon this is only the Massachusetts' top securities regulator's opinion. When he said that he is not working with other regulators, it is a giveaway that his statement is from his own personal view.

The truth is no one can classify what bitcoin really is. Maybe it is time to smell the coffee and accept that the regulations and laws should start catching up with decentralized financial technologies like bitcoin and altcoins. They cannot stop its development, whatever they do.



On Dec. 13, Galvin issued a statement listing seven reasons why bitcoin may be a "worthless product." The document is likely the first investor advisory on bitcoin from a state.

Federal regulators have also stepped up their warnings on cryptocurrencies and related investments this month.

We "don't always agree, but we all seem to agree that this is a problem," Galvin said. He said he is not working with other regulators at this time.


Read the article in full https://www.cnbc.com/2017/12/27/bitcoin-doesnt-pass-the-smell-test-says-massachusetts-securities-regulator.html
8734  Alternate cryptocurrencies / Altcoin Discussion / Re: When will BCash's blockchain get "stress tested" as Bitcoin gets? on: December 28, 2017, 02:50:41 AM
@cellard. Good luck in propagating all those full 8mb blocks hehe. I reckon some bitcoin cash nodes will hang and shut down if the blocks are full on a daily basis. Then when that happens, the whole network will become so slow as some nodes try to catch up to have the latest blocks.

But the majority of bitcoin cash nodes are all located in Alibaba so it would not be a problem hehe.
8735  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: December 28, 2017, 02:02:45 AM
@kiindje. People these days are so sensitive. Lewis was clearly playing around with his nephew. That does not mean he hates gays, lesbians or transgenders? No, he was joking around because the boy looked silly to him.

Also, remember when David Beckham posted a picture on Instagram with him kissing his baby daughter on the lips? Some people also started to make a scandal about it. It was really nothing.
8736  Bitcoin / Press / Re: [2017-12-27] 5 Reasons the Fed Needs a Bitcoin-Style Currency on: December 28, 2017, 01:16:46 AM
I really don’t see any point to a fedcoin. It is what we have except coopting the buzzwords of bitcoin and block chain.  It is a stupid concept used to try to fool people into a block chain based fiat system.

Read points from 1 to 5 in my post. That is the whole point of fedcoin.

@aso118 said it best. It will be there for the purpose of easy control over the financial system and of course that will make it also easier to control their citizens' wealth.

In any case, it is made more for their benefit not ours, while they dangle all those features trying to make us think it is better than cryptocoins like bitcoin or an anonymous coin like Monero.

8737  Alternate cryptocurrencies / Altcoin Discussion / Re: ADA...? Cardano? on: December 27, 2017, 05:15:26 AM
@jubalix. The implementation also matters and under that, also the platform's stability and its roadmap. The development team and its leaders are also as equally important.

In your list, Peercoin is going nowhere and then Ethereum will run out of red herrings that mislead their community.

That leaves us to Lisk, which no one uses and Nem, which in fairness is doing ok considering its humble beginnings.

In any case, none of them is reaching the goal of mainstream adoption. I reckon that gap might be filled by newer platforms like ADA, not the ones released in the past.
8738  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: December 27, 2017, 03:57:09 AM
@BitcoinSupremo. Did Honda's 15 wins on 16 races happen before this century? I cannot remember when a single season had 16 races anymore hehehe.

In any case, they still have to prove themselves with their new partner, Toro Rosso. I also reckon that contemporary performance should matter more than history.
8739  Economy / Gambling discussion / Re: [UFC 219: Cyborg vs Holm. NEW EVENT!] The UFC Info and Prediction Thread on: December 27, 2017, 03:10:42 AM
Ronda did not try to win by striking versus Holly Holm.It was Holly who made sure that Ronda did not get a hold of her on the clinch. Also, the problem of Ronda's team was they did not have a plan B in case plan A did not work.

It was also the same on her fight versus Amanda Nunes, I reckon.
8740  Bitcoin / Press / [2017-12-27] 5 Reasons the Fed Needs a Bitcoin-Style Currency on: December 27, 2017, 02:17:05 AM
I can think of some reasons that it is not a good idea to create a fedcoin. Two of those reasons are fungibility and privacy. Look at reason no. 3. Is that really a good idea for the common users?

I also disagree with the article's title. It should be Paypal-style, not bitcoin-style.



1) Fed Coin Would Be a Useful Tool to Stimulate the Economy

In the last financial crisis, the Federal Reserve bought assets like bonds and mortgages to pump liquidity into the economy. The policy appears to have worked, but it was not especially fast or efficient. If the Fed had a blockchain-based money supply instead, it could stimulate the economy more directly.

“A national cryptocurrency such as fedcoin would be able to operationalize Milton Friedman’s famous “helicopter cash” as an alternative strategy to stimulate the economy. A single line of code could instantly put $1,000 into every person’s wallet.”

2) Digital Currency Is More Efficient and Secure

Blockchain-based currency (including bitcoin) relies on an indelible ledger that shows who sent and received money, and when those transactions occur.

The Federal Reserve, of course, also records transactions, in part through the international money transfer system known as SWIFT. But a blockchain system would be superior: “Digital transactions are quick, cheap and potentially a lot more secure than the system we have today.”

3) It Would Be Harder for Criminals to Hide Money

“When police first captured infamous drug lord Joaquín “El Chapo” Guzmán, they also discovered a cash hoard including more than $200 million, mainly in $100 notes,” Harvey notes. This underscores how cash is anonymous compared to crypto-currencies like bitcoin, which leave a digital transaction trail (though some currencies like Zcash may be truly anonymous).

If the U.S. government got out of the business of printing $100 bills, and relied on a blockchain to circulate its supply of money, it would be harder for the El Chapos of the world to stash their wealth.

4) It’s Easier to Impose Negative Interest Rates

Recall how the central bank lowers interest rates to stimulate the economy and stave of deflation. But if interest rates fall to zero, the Fed’s influence falls since people may choose to just keep their money in cash rather buy a security with a negative interest rate.

Harvey suggests this would not be the case if the central bank had Fed Coin: “With a national cryptocurrency, whose supply is controlled by the central bank, rates can be negative.” (He leaves aside the question of whether negative interest rates are ever a good idea).

5) Cash is Going Away Anyways

A shrinking number of people are using cash—stores like the salad chain Sweetgreen don’t even accept it, while cash is disappearing altogether in countries like Sweden. Meanwhile, central banks from Singapore to Canada are experimenting with blockchain technology as a way to control the money supply.

In other words, society is heading towards a digital currency world anyways, so the Fed might as well get going with Fed Coin sooner than later. Yes, we already move money around on the Internet through banks and clearinghouses, but putting the country’s currency on a blockchain would be more efficient still.


Read the article http://fortune.com/2017/12/26/bitcoin-fed-coin/
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