So...finex is down and stamp is up.
Is this due to a jump in shorts?
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Question for some of you living in the U.S. who have cashed out recently....what exchange do you recommend?
itBit is best for large amounts
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On the equity thing on the blockchain I think colored coins could work out easily, it's just an entry on a ledger just as good as an entry in some Wall Street database or a line in a book somewhere. The US folks would want to limit who can trade them though, I delved into the legality of Securities far too deeply this past year and the US has very stringent rules (which the rest of the world tends to follow) on whom can or cannot invest.
I am starting to think about the possibilities when combining colored coins and Lightning Network. Perhaps some super easy way of moving your equity, buying/selling on the cheap, perhaps some sort of simple atomic swap from bitcoin to smaller quantity bitcoin (colored coin). I wonder also about the lowest amount of satoshis that could represent the smallest quantity of an equity and still be able to send that over the network.
It can probably be done easier via Rootstock but I'm still trying to track down how easy it is for a user to go from bitcoin to a token on the RSK blockchain.
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[19:12:24] · <ben_vulpes> https://arxiv.org/abs/1802.06038 << "on a subset of 3,759 contracts which we sampled for concrete validation and manual analysis, we reproduce real exploits at a true positive rate of 89%, yielding exploits for 3,686 contracts" [19:20:00] · <shinohai> I'm sure with time they can get that number closer to 100% ( http://btcbase.org/log/2018-02-19#1785157) If someday Bitcoin does another 10x I will "retire" and devote all my time to exploit research on blockchain/smart contracts field. That's when I will start to have real fun. Someone got to teach the shitcoiners why "ol' stupid bitcorn" isn't turing complete. Pain is a great way to learn (makes the lessions stick) Turing complete is ok.... on SIDECHAINS. Main layer has to be simple and secure. Exactly. edit: Someone knows when rootstock is supposed to go live / be widely available? Rootstock had a testnet up for a while in 2017. The mainnet went live in January on the birthday of the Bitcoin genesis block. Mainnet is still in beta which means that they are whitelisting the projects that are running on it (this probably means only revealing the federation address to a few projects that are helping to debug). They said this will be opened up to everyone in a few months.
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Elwar: can you create colored coins or ERC-20 style tokens?
Colored coins might be possible but a smart contract would still be required. I wouldn't use an ethereum token because I don't want to go down that path and confuse users with ethereums.
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I would be fine with another Bcash pump. I am finally settled down in one place where I can take the time to pull out my cold storage wallets and convert my BCH to BTC.
So pump that shit up to .2 BTC for me please.
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As I delve deeper into Rootstock I'll share some of that knowledge with you fine folks.
Rootstock is basically a one for one sidechain of the Bitcoin blockchain. To get RSK coins you send your bitcoins to a BTC address that then locks those coins and releases those coins on the RSK blockchain for you. There is a federation of nodes that handle this part right now. There is a Drivechain OP_CODE that Satoshi turned off at one point that RSK hopes to get turned back on so that they can handle the process partially with miners and partially with federated nodes.
Once you have RSK coins (I have heard them called Smart Bitcoins) you can use a smart contract just like on Ethereum.
One interesting thing, at least for what I am looking to do, is the federation is also creating what they call "oracles". It is a way for your smart contract to get real world information in a standardized way. For example they might share the BTC/USD price (based on some agreed upon criteria) so that all contracts that want to use that value will be on the same page. The oracles can be used or not. Each contract has to decide how much they trust the oracles.
They're working on a layer that will allow for 20k transactions per second.
It's currently being merge mined, the miners are paid by transaction fees (RSK.co gets their money from 20% of the miner fees).
The mainnet is online, in beta testing mode. Beta testing mode means they are white listing contracts that are vetted and participating in their bug testing. After a few months of this it will be opened up to everyone.
In my opinion the advantage is the oracle implementation which can help many of the currently centralized systems that exist become more decentralized until everyone is using a decentralized cryptocurrency. Plus you can keep your value in bitcoins instead of ethereums.
I'm not completely sold on it yet and am mainly looking at it specifically for my project. I did see that they would have a java implementation soon instead of solidity which is nice since I am a java programmer. Though solidity is pretty straightforward.
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Keep in mind the kids come first. Everyone else comes second.
That means that making the kids suffer because the mother slept around is the wrong answer.
No. I come first. Then my kids - (...) I seriously doubt you have kids. and if so, I feel really sorry for them. I don't see how somebody who didn't put themselves and their own development (economical, emotional, intellectual, spiritual) first would raise children. Such a person would have nothing to offer to their offspring and just propagate problems through generations instead of making improvements. Nietsche touches on this in explaining people's drive for power. Firstly they seek to stay alive, that is their initial instinct that is the highest priority up until they are able to have kids. Then having kids becomes a very high priority. This along with the drive for your children to live on in successful lives (touching on the initial drive to stay alive after understanding that you will eventually die, you live on through your children). It does not mean one has to dominate the other, just that every species has these drives. Otherwise after one generation that species would no longer exist.
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Sometimes I seriously wonder if people have some unconscious desire to be poor and mediocre. I just cannot fathom how somebody could wish to be more than they are without trying to work towards that goal with even the tiniest increments.
This bothers me a lot about people. I can't get why they are not willing to change up their lifestyle and mindset to reach the goals they desire. My theory on why so far, is that they are easier satisfied and they are happy enough with things staying like the way they are. Therefore don't feel the need to work on oneself. Some people just don't need much in life and are perfectly fine being mediocre. It's something that I sometimes I admire in people, the simplicity of being satisfied with less. I have run into this a lot, especially in foreign countries, when I need something and I am willing to pay for it. The difficulty of getting so many services makes me keep thinking in my head "do you hate money!?!". In Germany when I was looking for an apartment I felt like just driving down the street with a wad of euros in my hand shouting "I will pay you to rent a place, hell I'll over-pay!". I ended up just using AirBnB to find a place.
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Under $10k, so ends Bitcoin. The last miner please flip off the PoW.
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....aaaaannnnnddd.....we're back
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Godaddy.com: ethereumcash.com is available Buy Now Price
$24,995.00*
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Some day I will run out of popcorns: https://litecoinca.sh/I think I should better go to bed already and maybe wake up tomorrow at or really near $10K. We deserve it. Let me get this straight...so Litecoin basically took the Bitcoin code and changed it to Proof of Stake and raised the max 4 times. Litecoin cash is taking the Litecoin code and changing it back to Proof of Work...and raising the max 10 times. Umm...makes total sense. 4 guys listed as contributors...suddenly putting up a web page and Litecoin price goes nuts... Edit: Also, at the bottom of their web page under License: Copyright (c) 2017 bitcoincash.org Copyright (c) 2018 litecoinca.sh
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If bitcoin doesn't break $9500 this week we all fail. as humans
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I am told that RSK is still a year away.
Their mainnet genesis block started in January.
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I'm pretty much of the impression that any coin that targets people in Thailand and the Philippines is likely a scam.
See: Bitconnect
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snip ... more people are borrowing to bet BTC ... snip ... people borrowing to bet BTC ....
... I think I may have found the fundamental problem in the risk analysis logic here? Borrowing to bet on a limited-issuance, near instantly redeemable, bearer instrument is extreme risk-taking by any measures. Discussing how fast the bamboo and rice paper building will burn when doused in gasoline is fun but kind of misses the point that there are children playing with matches in the crawl space. None of this is your grandma’s pension fund. 2X is very different from 100X (instant suicide). And don’t think the big boys don’t play with exotic instruments. That’s why we had the GFC. Trading on margin is like dabbling in alt coins.
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It’s their exchange. They can do whatever they like.
That said I did a quick google and am seeing conflicting reports about corporate accounts on BFX. Maybe Elwar can clarify.
american accounts only as far as i can tell. This is what I read here.
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