First we need an Exchange with Zero Fees. Crypto exchanges are sprouting up like weeds and they're all the same. Poor API , poor desktop and mobile trading apps. exchange holds coins, and 0.2% fees.
If we have an exchange with zero fees it would add liquidity ( by providing an incentive to buy/sell on exchange) and offer better trading conditions for all traders ( more liquidity means more buyers and sellers are waiting to trade at their prices which decreases the spread between the Bid/Ask ).
Any Exchange with Zero fees? If no, lets build one.
Sounds like a good business model. How exactly is an exchange supposed to exist when it has no money to pay bills with?
it means that 50% of a huge amount of money flows into BTC
great news, good luck to the shorties
Im sure less than 1% of the mined bitcoins are short, there is not many means of doing so.
well, many people are not really short but sold a la baisse, hoping they can buy back in lower
that will also lead to quite some squeeze if price goes up instead
That isn't a squeeze. Squeeze's occur when people have no option but to cover a position to avoid a margin call. People hoping to buy at lower prices just means prices will continue to trend down until there is an explicit reason to buy.
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Re: ‘watered-down bitcoin’ for institutional investors
I only glanced at a topic on this bug yesterday. Quick summary of what it is/ any updates individuals need to do? Thanks.
Update SSL, Replace all certs and personal i say do an intrusion check for previous ones and change passwords.
computer noob, how do you do an intrusion check?
This is at the server level im talking.
On your local machine just run the latest security updates when they hit. I know just about every Linux Distro has them out already. Windows shouldnt be more than a few days behind if they maintain their usual standards. Oh and update passwords on sites that use SSL. Which is most anything secure.
basically if your a intermediary business handling other peoples sovereign money, then you are a transmitter and need to show that you are doing it correctly by being licensed (meaning you have federal insurance against sovereign money loss and have to follow rules on handling it).
individuals and private investors are free to do what they like.
great news
this should sort out the noobish inexperienced and unqualified people from thinking they can handle millions of dollars of other peoples wealth, simply because they set up a website. it also clarifies what everyone should know. that regulation is just for the sovereign businesses, and does not make bitcoin regulated.
Very good news, need to see some other states follow suit now. A federal ruling still voids this though doesnt it?
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Re: Bitcoin Not an Awareness Problem But an Education Problem
I think we as a community need to begin educating people on how Bitcoin works. The world knows that Bitcoin exist "hooray" but only believes the negative information that is spoon fed to them by the incompetent media. From my observation most of us bitcoiners are avid bitcoin conspiracy theorist. The conspiracy theories is something that we don't need to spread...
What can we do to educate the world, so that mass adoption really speeds up?
You can educate people all you want, it won't matter.
Until BTC becomes more convenient that fiat/credit cards, no amount of education will change anything.
Strongly disagree with this. Why are you or any of us on this board interested in bitcoin? Is it because it is easier for us to use it then it is for us to use fiat or credit cards? No. It is because we gained some knowledge of the subject (became educated) and now we are proponents of it because we believe in the idea/ protocol. Every potential new adopter needs to start somewhere, the only way to start would be to become educated on the matter. Education itself will continue to contribute more than anything to the growth of the network
Damn... it would have been good if at least they included an explanation in the login page. Anyway I hope they are not Goxxed.
Just made the same thread. Looks like its related to the heartbleed bug, hopefully this is a quick fix and we can login soon. Luckily the price isn't moving anywhere today.
Maybe a dancer (stripper really, since dancing is optional but stripping is not) could carry a QR code in her g-string. That way you could still stuff money in her underwear electronically.
How about an awesome QR code tattoo.
wow that would be genius. Unfortunately for the girl Palo Alto doesn't have any strip clubs that I know of.
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Re: I want to gamble!!!
by
5thStreetResearch
on 07/04/2014, 05:16:30 UTC
Im surprised the prediction markets dont offer the ability to wager on this. I suppose it wouldnt generally receive much interest though with all the other faster ways to already bet your bitcoin. You could definitely find a private party to give you action here though
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BoardCurrency exchange
Re: Credit card to bitcoin
by
5thStreetResearch
on 07/04/2014, 05:11:00 UTC
Dont think anyone very trustworthy is doing this at the moment. I would find another method of purchasing your bitcoin. Coinbase is your best option, you just need a debit card to use their service.
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BoardBitcoin Discussion
Re: Overstock.com TV commercial advertises bitcoin!
by
5thStreetResearch
on 07/04/2014, 05:08:29 UTC
Would like to see this one. Good news though for sure. Were about due for another big retailer to announce they will start accepting bitcoin as well. Might need to wait for the price to stop dropping before we get that though.