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Author Topic: Inter-p2p currency Trading  (Read 1675 times)
spndr7
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April 23, 2011, 01:50:19 PM
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Trading bitcoins with real world currencies is some what cuber-some due currency interconversion and surcharges imposed.Besides this forex regulatory exchange boards around the world would never accept bitcoin as it can not be regulated.

Therefore to facilitate trading  without any major limitations we need another p2p currency just like bitcoin.It may be totally different in implementation or functions, but must be purely p2p.

If another p2p currency comes up it would be nice to see inter-currency trading between them .

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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PHPAdam
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April 23, 2011, 02:00:35 PM
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I don't think their are any obstacles in exchanging bitcoin to a regulated currency or so-forth.

We should in my honest opinion concentrate on Bitcoin Currency instead of inventing another, you are sure right though. We should work with other emerging currency (doesn't have to be limited to P2P) such as Facebook Credits and such.

The more points of entry or exit, the better.
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April 23, 2011, 02:02:52 PM
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Besides this it would also lead to inter-currency decentralized trading platform as stated in topic decentralising currency exchange.

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April 23, 2011, 02:12:08 PM
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I don't think their are any obstacles in exchanging bitcoin to a regulated currency or so-forth.

We should in my honest opinion concentrate on Bitcoin Currency instead of inventing another, you are sure right though. We should work with other emerging currency (doesn't have to be limited to P2P) such as Facebook Credits and such.

The more points of entry or exit, the better.

There are obstacles, like if I wanted to trade bitcoin against any major currencies using the most popular forex trading platform, like MT4/MT5,i will never be able to do so,as acceptance of bitcoin is unlikely in near future by any govt. authorities.

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September 02, 2011, 08:37:03 PM
 #5

I don't think their are any obstacles in exchanging bitcoin to a regulated currency or so-forth.

We should in my honest opinion concentrate on Bitcoin Currency instead of inventing another, you are sure right though. We should work with other emerging currency (doesn't have to be limited to P2P) such as Facebook Credits and such.

The more points of entry or exit, the better.

Finally other p2p currencies are invented,things materialize over ideas .

https://btc-e.com/

See this exchange it does exactly what I thought but I am sorry to say that people oppose innovation as it disturbs their previous adjusted comfort level.

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