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Bitcoin / Bitcoin Discussion / Re: This is the the reason why Bitcoin price will go down and not up long term
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on: June 21, 2019, 02:15:31 PM
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Visa payments are instant. You insert, swipe whatever your card on the POS and it gets confirmed in seconds.
That's not true. The approval is instant[sic]. The settlement takes at least 24 hours. To me, swiping a card and getting an approval is the same as sending bitcoin to an address and seeing the tx in the mempool. You see the transaction in your wallet within seconds too, just like Visa. --- So, if you are talking about the time it takes for a fungible asset to move from one person to another, bitcoin has visa beat. I can send you bitcoin, and you can spend it after one confirm, which is usually about 10 minutes, say even in the extreme 60 minutes. If I go into a store and swipe my credit card, the merchant can't spend that money, since they won't get it until settlement... which is at least 1 day, could be more depending on the merchant's account. So, yea, Bitcoin settlement, which is the point at which the fungible asset has exchanged hands, is much faster than Visa. That's assuming you don't get a chargeback too. Neither is instant. Of course, lightning will change that and make the settlement almost instant too. So, much better than Visa.
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Bitcoin / Bitcoin Discussion / Re: This is the the reason why Bitcoin price will go down and not up long term
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on: June 20, 2019, 05:36:42 PM
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Yes, that's just proving the point. Not the opposite. Did your brain roll out of your ear during your sleep last night? They just proved you were talking crap and don't know what you are talking about. You are a liar. The blockchain confirmed your transaction in under 45 minutes and you claim you sent it over 45 minutes ago. Don't even try to argue it is on the blockchain. Well, he was "expecting" it to confirm in 25 minutes based on some fee estimate/confirm time estimate web site. Since reality didn't meet that estimate he concluded it took to long so no one would use bitcoin. I still say that is faster than a Visa transaction and millions of those happen every day. No one complains that they are too slow since people use Visa constantly.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XLM] Stellar - Decentralized trading platform
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on: May 16, 2019, 04:05:56 PM
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I received.
I am just curious that why did you receive it in different batches over different days, not in a single transaction. Is it the rule of the give away on Coinbase for all participants or just only you? I saw the give away months ago, but I don't join it because I don't think it is worthy to lose my identities for only $25. Anyway, congratulations for your received give-away from Coinbase. In other aspect, Stellar has risen more than 30% and currently traded around $0.15 or 1890 satoshis on exchanges. That's not me... but I can answer... It's different rewards. There are like 4 videos you can watch, they each get you $2. Then you get up to 5 referral credits of $10 each. Each reward is its own transaction. (As I was already a verified coinbase customer, because I used it as a fiat to BTC onramp, I had nothing to lose. Also, I didn't "lose my identity").
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XLM] Stellar - Decentralized trading platform
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on: April 17, 2019, 02:16:52 PM
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Yet another good news for Stellar and its users; watching videos on Coinbase Earn explaining Stellar and its ecosystem can be obtained and received up to $ 50, at the current value around 500 XLM. All the details to get Stellar as a gift in the link below https://www.stellar.org/blog/stellar-coinbase-earn/I do not see good here! $ 50 will be received by bots that will be enrolled en masse, and such investors like me who have invested in this coin a lot of money are sadly observing the constant fall of the coin This is why they require KYC identity verification before giving the coins away, so bots can't just collect a huge chuck. You can complain about cheating or you can complain about KYC... but one prevents the other.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XLM] Stellar - Decentralized trading platform
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on: April 05, 2019, 03:31:05 PM
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Can these tokens created in Stellar be stored in a wallet hardware similar to ERC-20 tokens? Well, I see Ledger Nano S has Stellar support.
yes, of course you can and everything is very convenient advise you to use this option. in general, the development of this project in recent years more and more bypasses other famous projects where, apart from the hyip, there is nothing interesting in the code. Ledger Nano S has Stellar support but can we also store stellar blockchain based tokens on Ledger Nano S ? like eth based ERC-20 tokens also needs to know that which web wallet is best and secure for stellar long term holdings. also wants to know that is there any software app like metamask for stellar? Told twice, YES. All your tokens, anchors and native coins are associated with your Ledger S private key. When you say web wallet, you mean one not using Nano Ledger? Anyway, go to Stellar.org and you can see all the wallets available. https://www.stellar.org/lumens/wallets/I would suggest StellarX which doubles as both a wallet and an Exchange Client. It also supports Ledger or you can create a keypair. They don't have access to your private key, although, it is stored encrypted (with your password) on their servers. So, use a strong password.
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