Who control our bitcoins? WE do!! ☆ BANK RUN ☆

[picolo]

we are all waiting for decentralized exchange like open bazar, they should finish this year their job

We are all waiting for bitcoin to be global reserve currency so that we can abandon all exchanges.
By the time allts will also be proven worthless.

If Bitcoin becomes a global reserve currency, it is likely that at least a couple altcoins have some long term success too!

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[manselr]

we are all waiting for decentralized exchange like open bazar, they should finish this year their job

We are all waiting for bitcoin to be global reserve currency so that we can abandon all exchanges.
By the time allts will also be proven worthless.

If Bitcoin becomes a global reserve currency, it is likely that at least a couple altcoins have some long term success too!

Not if they want to replace bitcoin, only if they add something new.

[thejaytiesto]

we are all waiting for decentralized exchange like open bazar, they should finish this year their job

We are all waiting for bitcoin to be global reserve currency so that we can abandon all exchanges.
By the time allts will also be proven worthless.

If you like investing and speculating like me you'll still want exchanges to have fun with

[Realerre]

3 January 2019

Finally, the date for the bank run is coming! Many people are coordinating for this date.

Don't let any coin on the exchangers ever, but expecially on 3th January 2019!

[Ranly123]

For many users, included me, there are good chanches that the exchangers are acutually doing what banks usually do: operating on fractional reserve.

This is extremely dangerous for bitcoin, besides the price tanking because non-existent bitcoins are currently traded. More than that, letting them to do it invalidate the whole bitcoin concept, a perfect money for an untrusted network.

Bitstamp is constantly refusing to do an audit, also after all the shit that happened. Me and many others do not trust they on their word about not operating on fractional reserve, but they refuse to submit proof because they think they are " too big to fail". They are acting just like a bank, and by all the chanches operating under fractional reserve (maybe, also legally). Let's prove them wrong!

I want to organize a bank run, somebody can help me?

If you put your coins on an exchange they aren't your coins anymore because you dont own the private keys, you should have known that.
Putting bitcoin in a centralized exchange was always a bad idea, ideal for scammers. Im not putting a single btc in an exchange until decentralized ones appear.

It's always not a good idea to put our Bitcoin in a centralized exchange where third party take part on the exchange. I also am not putting my stocks in such an untrustworthy kind of trade.

[KingZee]

3 January 2019

Finally, the date for the bank run is coming! Many people are coordinating for this date.

Don't let any coin on the exchangers ever, but expecially on 3th January 2019!

I usually report necros, but this is a relevant event that is happening soon.

https://www.proofofkeys.com/

Proof of keys is a very nice way to send a message to all the exchanges (I wish people would do this for online wallets as well..) that the bitcoin they own, is not their own.

But it should also be a reminder to everyone, that if you don't own the private key, you don't own the money on that address. So please don't keep your funds on exchanges, or at least keep only funds you are actively trading or using.