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Showing 20 of 86 results by Low Sigma
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Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] HoloToken (HOT): Holo The Distributed Hosting Platform
by
Low Sigma
on 02/09/2018, 19:17:14 UTC
+30% in one day, not bad at all!
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Topic
Board Trading Discussion
Re: The current market situation !!
by
Low Sigma
on 02/01/2018, 08:34:25 UTC
@OP, if you don't have an edge, then what goes up, must go down, according to the volatility context.
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Topic
Board Bitcoin Discussion
Re: Will fees keep rising to thousands of dollars?
by
Low Sigma
on 01/01/2018, 23:21:32 UTC
I want to know if it is possible because then I need to exit before fees are higher than my balance.  Huh

If you have BTC in exchanges, just convert to ETH or other solid coins.
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Topic
Board Bitcoin Discussion
Re: Bitcoin dominance dropping hard
by
Low Sigma
on 01/01/2018, 23:08:08 UTC
What surprised me was the number of nodes @BTC versus ETH (for example). Ethereum has 4 times more nodes than Bitcoin.
Near term BTC will struggle given the high transaction fee.

I don't believe that if BTC will plunge massive, then the entire crypto market will go extinct. There is too much money and people who needs cryptos.
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Topic
Board Bitcoin Discussion
Re: Why rich people with a lot of Bitcoin don't try to improve it?
by
Low Sigma
on 01/01/2018, 22:57:27 UTC
Mining at a loss is not the solution to solve the transaction problem. We have to think of better solution.

Exactly! Instead of throwing money out of the window by mining, a better solution would be to fund a (research)team who could work along the volunteers, like Mozilla or others.
Post
Topic
Board Securities
Re: Cryptomerian Invest Private Crypto Fund Annoucement
by
Low Sigma
on 01/01/2018, 22:49:27 UTC
Nice! I will follow this thread.

Do you plan to publish some risk metrics too or only holding, NAV and other basic figures?
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Topic
Board Beginners & Help
Re: IM LOOKING TO open my own crypto currency exchanger service,im new on this crypt
by
Low Sigma
on 01/01/2018, 22:33:22 UTC
@DooMAD

Totally agree with you. So many exchanges nowadays and just a few of them are ok, the rest are a joke started by people lacking the financial markets wisdom.
Post
Topic
Board Economics
Re: Stock market vs. Bitcoin???
by
Low Sigma
on 01/01/2018, 11:36:00 UTC
Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!
It depends on what you invest in. Both stock markets and cryptocurrencies has more risky bets that if they hit the jackpot can give a lot of great profits, or big losses if they miss. Or you can select safer coins or stocks. I think we will see a lot of stock traders coming in to the cryptocurrency markets in 2018.

I agree with you mikeey89, a lot of traditional market traders will come to crypto from now on because CBOE, CME added BTC Futures to their platform.
I saw that Bloomberg added also some cryptos to their terminals. So a lot of sceptical traders/investors are transitioning to crypto markets too. After all they were learned since the beginning that the only free lunch is diversification. And given that crypto correlation with other instruments is close to zero, then it's more than welcomed.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Accounts Frozen As Australia Banks Crack Down on Crypto
by
Low Sigma
on 01/01/2018, 10:32:54 UTC
Well, rule #1, never convert your bitcoin back to fiat. The banks and governments wants a cut of this. If  you are trading, convert everything back to bitcoin, and keep it in this currency.

fiat is the most insecure thing ever, not because of theft, but because of governments. I'ts like their last grasp before we become free

Please let's not be so 100% sided but combine a little bit of both. Almost everyone is worried about crypto exchanges doing stupid things or going "hacked" or delaying withdrawals of verified accounts by a few weeks, while at the same time the same users going against regulation. Doing this is very stupid.A little bit of regulation is actually healthy. For example if the govs said that is mandatory to follow some very strict security rules when it comes to handling cold/hot users coins then this is very beneficial for us the traders/investors because the exchange will be audited to see if they don't breach some common sense procedures (by intention or mistake). Otherwise you will see headlines of another exchange "hacked" (maybe by an insider who works there and exploited a backdoor that he left open). Of course you can't make it 100% bullet proof, but at least you reduce the risk. What the banks did in this case is common sense. Otherwise hackers/crackers, human traffickers, criminals will flourish. I prefer to pay a small cut to the govs in order to be assured that the criminals will not affect my affairs.

I understand what you really mean. The best environment is actually unregulated and decentralized but the problem is that we are still beset with the weakness of human nature. Where there is an opportunity to make money, expect some people to exploit the same platform for their own selfish interest and this is where the problem is. In order to protect the many, there has to be rules, procedures and laws specific for cryptocurrency otherwise there can be mini-anarchy and that the whole market can be turned sour as less investors will be interested to go into something where there is no order. Regulations with good intent should be welcomed with both open arms and everybody should exert effort to follow those changes otherwise we will really have big problems.

Exactly. What you said: "... weakness of human nature.", are the keywords here.

To be honest I don't think that there will be a "big battle" between the big banks and the BTC. Instead the banks will (some already did) start to embrace it and not to mention that central Bank of England is researching a cryptocurrency for their own.
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Topic
Board Bitcoin Discussion
Re: 2017 is almost closed.... How was the Crypto year friends
by
Low Sigma
on 31/12/2017, 14:34:52 UTC
With many many works,  joy, love and in some cases sorrow we all are going to finished the journey of the year.
So how was the journey friends? Specifically Crypto world's!!!    Smiley Roll Eyes

It was an unbelievable year for me as I quit my job and became full time trader. I was actually trading stock exchange before but it was together with my daily job. So a new era started for me with 2017.

Almost the same here as well.
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Topic
Board Legal
Re: WARNING !!! Coinspot has an internal Hacker
by
Low Sigma
on 31/12/2017, 10:51:09 UTC
It was too easy to spot this one. A sys admin working at an exchange would very easily bypass 2FA from inside, he don't need to ask you to disable it.
Post
Topic
Board Trading Discussion
Re: Macbook or Windows Laptop for crypto
by
Low Sigma
on 31/12/2017, 10:40:31 UTC
I will clearly go with Mac OS X or a Linux distr any time over Windows.
Post
Topic
Board Beginners & Help
Re: IM LOOKING TO open my own crypto currency exchanger service,im new on this crypt
by
Low Sigma
on 31/12/2017, 10:37:07 UTC
No... you don't really pick the miners, but the miners pick the transactions and they usually give priority to transactions with higher fees.

It will be a long way to open an exchange if you just started in crypto landscape. Clearly you will need to hire brainpower and hope that they are trustworthy with you.
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Topic
Board Bitcoin Discussion
Re: Forbes Magazine calls Bitcoin a "Great Scam"
by
Low Sigma
on 31/12/2017, 10:08:59 UTC
The purpose of the article writers is to attract readers, of course he will use a catchy headline.
Just mind your own business, make money and ignore the ignorants.
Post
Topic
Board Trading Discussion
Re: Best time to day trade? How to create a trading schedule in a 24/7 crypto market
by
Low Sigma
on 31/12/2017, 09:56:41 UTC
I'm agnostic of time. When the exploit appears, I execute.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Accounts Frozen As Australia Banks Crack Down on Crypto
by
Low Sigma
on 31/12/2017, 09:22:08 UTC
Well, rule #1, never convert your bitcoin back to fiat. The banks and governments wants a cut of this. If  you are trading, convert everything back to bitcoin, and keep it in this currency.

fiat is the most insecure thing ever, not because of theft, but because of governments. I'ts like their last grasp before we become free

Please let's not be so 100% sided but combine a little bit of both.

Almost everyone is worried about crypto exchanges doing stupid things or going "hacked" or delaying withdrawals of verified accounts by a few weeks, while at the same time the same users going against regulation. Doing this is very stupid.

A little bit of regulation is actually healthy.

For example if the govs said that is mandatory to follow some very strict security rules when it comes to handling cold/hot users coins then this is very beneficial for us the traders/investors because the exchange will be audited to see if they don't breach some common sense procedures (by intention or mistake). Otherwise you will see headlines of another exchange "hacked" (maybe by an insider who works there and exploited a backdoor that he left open). Of course you can't make it 100% bullet proof, but at least you reduce the risk.

What the banks did in this case is common sense. Otherwise hackers/crackers, human traffickers, criminals will flourish.
I prefer to pay a small cut to the govs in order to be assured that the criminals will not affect my affairs.
Post
Topic
Board Bitcoin Discussion
Re: Milton Friedman Predicted Cryptocurrency In The 90'S!!!! (Nobel Prize economics)
by
Low Sigma
on 31/12/2017, 08:57:48 UTC
Yes you are right about the government but he went further and said:

1. The one thing that is missing but that will soon will be developed is a reliable e-cash, a method on the internet where you can transfer funds from A to B without A knowing B or B knowing A.

2. The way in which I can take a $20 bill and hand it over to you and there’s no record of where it came from and you may get that without knowing who I am.
That kind of thing will develop on the internet and that will make it even easier for people to use the internet.

3. Of course it has its negative side, it means that the gangsters… the people who are engaged in illegal transactions will also have a easier way to carry on their business.



For me it sounds like a cryptocurrency:
1. you can transact a coin from a random looking address to another one.
2. that was achieved with the help of zero knowledge protocol.
3. it's obvious.

Of course he didn't used keywords like cryptography, blockchain or something like this but he basically described a cryptocurrency.
Post
Topic
Board Armory
Re: Air-gapped Armory installation on MacOS
by
Low Sigma
on 29/12/2017, 23:58:40 UTC
No luck. Getting this error on a fresh install of High Sierra with 0.96.4 RC2.



I removed the Airport card to make sure wifi is off Smiley



Do you wanna be mega safe? Remove internal microphone too! Smiley
I've read that there was a worm which was spreading via... sounds or ultrasounds, either way, high pitch sounds. Go figure it out!
Also, maybe check your hdd/ssd controller memory.

Do I need to mention Bluetooth, IR?Smiley
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Topic
Board Development & Technical Discussion
Re: Lightning Network VS SegWit2Mb(S2X)
by
Low Sigma
on 29/12/2017, 15:22:20 UTC
Regardless of the solution proposed, one thing should be clear: avoid hardcoded sizes like plague! Simple as that.
hardcoded != scalable
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Topic
Board Trading Discussion
Re: Exchange vs Brokers
by
Low Sigma
on 29/12/2017, 03:18:09 UTC
@OP, you are mixing a lot of things there. Just read multiple time what user exstasie said because he gave perfect explanation.