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1  Bitcoin / Bitcoin Discussion / Bitcoin bearer instruments on: June 05, 2019, 05:00:05 PM
With regards to scaling, people are always putting all the emphasis on Lightning.

I've been wondering whether usage of bearer instruments (like OPENDIME) could help scale the network. Once loaded, they can be handed around like cash so transacting doesn't require making on-chain transactions.

This probably isn't that attractive while fees are still low. But maybe this could become common as on-chain fees rise and production costs for these type of devices fall?
2  Economy / Exchanges / Registration closed on Binance, Bittrex, Bitfinex, Cryptopia on: January 07, 2018, 06:28:34 AM
Now even Binance and Cryptopia have closed doors to new users! What are the alternatives for accumulating lower cap altcoins?

The people behind Mercatox seem incompetent or outright shady. Anyone use them? Not sure I want to risk sending much BTC there. Bitgrail? This situation is getting pretty frustrating.

How is altcoin season supposed to happen when no one can join exchanges and send money? Cheesy
3  Economy / Exchanges / BTC-E: Ethereum Classic = scam. We lost your ETC and we are not paying you back. on: July 28, 2016, 07:20:21 PM

Dear Clients!

BTC-es official standpoint on this issue is as follows: Ethereum Classic in the current circumstances is a scam. The Ethereum community decided to implement the hardfork in order to switch to the new chain. All major pools and exchanges (including BTC-e) did exactly that.

On the second day after the start of ETC trading BTC-e received a notification from Poloniex, saying that we need to secure the ETCs in our ETH wallet. At the time of notification, most of these coins have already been sent to Poloniex by our users. So there were almost none of these coins in our wallet.

We continue to receive requests from our customers demanding to return the ETCs that are supposedly deposited in our ETH wallet. We cannot do that for the reason specified above.

Anyone, who purports that we sent the coins to Poloniex in order to sell them, can check all the transactions on blockchain. All transactions are recorded and it is easy to trace the sender and the volumes of coins sent.

Best Regards,
BTC-e Team

Very, very disappointing. They didn't secure their ETC post-fork and lost most of it. And they are refusing to compensate users who held ETH on their exchange pre-fork (therefore should be credited ETC post-fork).

Exchanges really showing their true colors here. BTC-E and Coinbase: Screw you.
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