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Showing 20 of 522 results by brekyrself
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Re: [2018-03-13] - Binance To Launch Decentralized Trading Platform
by
brekyrself
on 14/03/2018, 06:39:59 UTC
I wish I had more information on how exactly it would work. There are other decentralized platforms like the newly created DDREX, Oasis Dex, BitShares and the best of all EtherDelta. Most use ETH-based technologies or it's a 0x layer.

Binance saying that the future lies in creating, and strengthen, the communities is very interesting. But is it still possible to put so many different assets and still provide statistical information while maintaining anonymity?

And we still need a middle man between fiat and the world of cryptocurrency. I hope there are people working to solve this problem as well.

Without developing their own chain I would imagine it would be similar to OpenLedger on the BitShares exchange.  All of OpenLedgers markets run on the BitShares blockchain while they collect the trading fees.  Users maintain control of all their funds/keys.  They are also able to charge exchanging open.BTC > BTC and vice versa.
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Board Press
Re: [2018-03-08]SEC Says Cryptocurrency Exchanges Must Register With Agency
by
brekyrself
on 10/03/2018, 03:15:24 UTC
That would that mean for us? Would that mean the SEC would also have the power to decide which coins or tokens to list in a SEC registered exchange?

I reckon that the government's agenda of over-regulating the cryptospace might discourage the people from investing, and that could result in slower adoption or none at all.

This is already happening.  Exchanges can not let users trade crypto securities, otherwise they will face issues from the SEC.

Example
Bittrex actually unlisted trading of the BitShares token because their lawyers fear it is a security.  The BitShares foundation has now hired a well known legal counsel for two important documents, a professional legal opinion that it is not a security and also for them to reach out the SEC for a "non action letter."  These just may become the documents required for exchanges to list a coin going forward.  This is probably a good thing, to weed out the nonsense blockchains!
https://steemit.com/bitshares/@bitshares.fdn/report-spokesperson-bitshares-blockchain-foundation-on-bittrex-inc-and-other-regulatory-issues

On the other hand this paves way for decentralized exchanges with gateways supporting the in/out markets.  2018 is shaping up to twist around the current environment.

I reckon there are other nonsense blockchains listed in Bittrex to be worried about more than Bitshares. At least Dan Larimer and his development team were experimenting on new consensus algorithms by coming up with something called Delegated Proof of Stake.

The projects of today are not even trying to innovate anymore.

I keep thinking Dan's invention of DPOS and BitShares is how this could force exchanges to build on top of it.  Just the way OpenLedger did by becoming a gateway in and out of the blockchain.  They bootstrapped markets such as open.BTC:BTS or open.ETH:bitUSD etc...  This way they collect fee's on those market trades and can also white/blacklist for required .gov regulation.  This may be the way exchanges go to reduce liability and fit into regulation.  Everyone now has 100% visibility into the exchanges inter-workings since its on the blockchain itself, a large part of what the SEC is going after with current private exchanges.

Well soon see how much regulation is applied, hopefully just enough to allow the market to thrive.
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Topic
Board Press
Merits 2 from 1 user
Re: [2018-03-08]SEC Says Cryptocurrency Exchanges Must Register With Agency
by
brekyrself
on 08/03/2018, 05:22:33 UTC
⭐ Merited by DooMAD (2)
That would that mean for us? Would that mean the SEC would also have the power to decide which coins or tokens to list in a SEC registered exchange?

I reckon that the government's agenda of over-regulating the cryptospace might discourage the people from investing, and that could result in slower adoption or none at all.

This is already happening.  Exchanges can not let users trade crypto securities, otherwise they will face issues from the SEC.

Example
Bittrex actually unlisted trading of the BitShares token because their lawyers fear it is a security.  The BitShares foundation has now hired a well known legal counsel for two important documents, a professional legal opinion that it is not a security and also for them to reach out the SEC for a "non action letter."  These just may become the documents required for exchanges to list a coin going forward.  This is probably a good thing, to weed out the nonsense blockchains!
https://steemit.com/bitshares/@bitshares.fdn/report-spokesperson-bitshares-blockchain-foundation-on-bittrex-inc-and-other-regulatory-issues

On the other hand this paves way for decentralized exchanges with gateways supporting the in/out markets.  2018 is shaping up to twist around the current environment.
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Topic
Board Speculation
Re: Bitcoin dominance: bad thing or good thing?
by
brekyrself
on 08/03/2018, 05:04:19 UTC
Dominant how so?  Price?  Capability?  Usage?

http://www.blocktivity.info/ shows us a different view of dominance compared with the typical market cap.
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Topic
Board Tokens (Altcoins)
Re: [BTS] Bitshares #1 Fastest Crypto, Tokens, DEX, ICOs since 2014 (unofficial ಠ_ಠ)
by
brekyrself
on 07/12/2017, 19:32:20 UTC
Been around since the BitShares genesis block, never seen this much active development going on.

Workers paid directly by the blockchain: http://cryptofresh.com/workers
BitShares Munich/Agorise, developing stealth and decentralized features: https://steemit.com/@agorise
Non stop conversations on Steem: https://steemit.com/trending/bitshares
Stan's constant interviews working on mainstream audiences: https://steemit.com/@stan
Blockchain usage continues to rise: https://www.blocktivity.info/

Not to mention companies building their business around the BTS blockchain including OpenLedger, BitSpark, etc...  Exciting times ahead for BitShares.
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Topic
Board Tokens (Altcoins)
Re: [BTS] Bitshares #1 Fastest Crypto, Tokens, DEX, ICOs since 2014 (unofficial ಠ_ಠ)
by
brekyrself
on 04/12/2017, 17:45:56 UTC
Always interesting to see http://www.blocktivity.info/ where both graphene based chains BitShares and Steem perform more ops compared to all the other chains.  Right now both ETH and BTC have many unconfirmed transactions...
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Topic
Board Altcoin Discussion
Re: EOS ICO SCAM 👺👺👺 Wow! Can you believe this? 👺👺👺
by
brekyrself
on 28/07/2017, 00:55:20 UTC
http://www.zerohedge.com/news/2017-07-25/sec-cracks-down-initial-coin-offerings-concludes-tokens-are-subject-securities-laws

Read the above and you realize why EOS is being launched the way it is.  They are trying to stay as legal is possible.
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Topic
Board Altcoin Discussion
Re: bitshares?
by
brekyrself
on 19/07/2017, 04:44:19 UTC
lol.... bitshares
it was proofed a scam in 2013. 


and, the team create another scam which name is steemit.  Roll Eyes

Bitshares a scam? Do you have a link to read about it?
It is still in the top 10 on Poloniex for years now.

btceuropen did not join this forum until 2014, obviously just regurgitates what trolls post around here.

Bitshares is on the move because sure it provides a decentralized exchange but can also scale with 3 second blocks.  See: http://www.huffingtonpost.com/entry/please-dont-change-bitcoin-youll-break-it_us_596e5d2de4b0376db8b65b9c

And this video shows how Bitshares is trying to go mainstream: https://vimeo.com/220235370
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Topic
Board Altcoin Discussion
Re: Fastest altcoin nowdays
by
brekyrself
on 12/07/2017, 20:22:58 UTC
How many of these listed can actually scale?  Any proof?  What chain is as fast or faster and can scale compared Bitshares with 3 second confirmation times and proven daily ops outnumbering many other chains combined? 

Stress tested:
http://docs.bitshares.eu/_downloads/bitshares-stresstest.pdf

Daily ops:  Check out the limit order created/canceled to see the big picture!
http://cryptofresh.com/charts
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Topic
Board Altcoin Discussion
Re: PSA: EOS Tokens have no purpose and are completely useless
by
brekyrself
on 26/06/2017, 00:24:48 UTC
Have you people ever read disclaimers & disclosures when signing something meaningful?  Obviously they do not want any sort of financial litigation towards their company, completely normal.

Do business in the real world and you deal with these daily, no way around it with a world filled with happy to sue lawyers.
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Topic
Board Altcoin Discussion
Re: Which will be the dominating scalable coin? (NEM vs. IOTA vs. Radix vs. EOS...)
by
brekyrself
on 19/06/2017, 00:50:46 UTC
The update we have been waiting for, very very prelim numbers on EOS: https://steemit.com/eos/@dantheman/web-assembly-on-eos-50-000-transfers-per-second
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Topic
Board Altcoin Discussion
Re: Which will be the dominating scalable coin? (NEM vs. IOTA vs. Radix vs. EOS...)
by
brekyrself
on 17/06/2017, 22:29:35 UTC
Can anyone post any actual data for each chain or just their opinion?


If Dan & team can improve upon BitShares & Steem, based on Graphene, EOS will be a monster.  Proven here:

http://docs.bitshares.eu/_downloads/bitshares-stresstest.pdf
and
http://cryptofresh.com/charts  (this page takes forever to load, but shows real statistics.  IE transactions/day, transfers, etc...)
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Topic
Board Altcoin Discussion
Re: Drop in altcoins, who went crazy?
by
brekyrself
on 12/06/2017, 19:34:33 UTC
In times of high volatility, exchanging one token for another is quite risky.

Why not use smart coins such as bitUSD, bitGOLD, even tether to hedge against drastic down turns?
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Topic
Board Altcoin Discussion
Re: Bitcoin is a mess. ETH is a freight train.
by
brekyrself
on 12/06/2017, 19:31:38 UTC
Hmmm, how do you say bitcoin is a mess while ethereym is a freight train by knowing the market driver is bitcoin even though market capitalizations are very close to each other. Just take bitcoin serious.

Bitcoin is the mainstream market driver however how can you take bitcoin seriously when you view this chart?  https://blockchain.info/charts/mempool-count?timespan=60days
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Topic
Board Altcoin Discussion
Re: BTSX to BTS?
by
brekyrself
on 12/06/2017, 17:12:05 UTC
I am trying to convert to new BTS I exported my wallet but file is not recognized on new 2.0
Also, my user name is recognized on 2.0 but password is not..... I can log in the BTSX perfectly fine but no connections


There is a migration guide here: http://docs.bitshares.eu/bitshares/migration/index.html

If that does not work, go to bitsharestalk.org for help.
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Topic
Board Altcoin Discussion
Re: Bitcoin is a mess. ETH is a freight train.
by
brekyrself
on 12/06/2017, 17:10:33 UTC
Why hasn't anyone mentioned the elephant in the room? Ethereum's scaling problem. With all of the Dapps running on Eth were gonna have huge issues when transactions begin to be delayed. How will the gambling sites work that require high speed transactions? Eth needs to go DPOS to resolve this but they never will. Simple POS with 15tps just doesn't cut it these days.



Exactly why there is hype around EOS & current graphene DPOS based chains.  Everyone here just regurgitates information without performing any due diligence.

At the same time, ETH passing BTC in price will bring increased attention to other chains which is good for the whole industry.  Let it rise, stall the network like btc, and another will take its place.
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Topic
Board Altcoin Discussion
Re: EOS Officially Has The Worse ICO Setup In History
by
brekyrself
on 11/06/2017, 16:42:58 UTC
New Fact

EOS is going to be completely centralized in the hands of people who own the most, 21 guys with the most I believe. They get all new coins generated and also they can vote for their own apps to get free coins. They own the network.

Please do some research instead of regurgitating info from another source.


Here is a good overview interview with Dan about EOS that also touches base on BitShares and Steem:  https://youtu.be/K6uR0A9cC5Y
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Topic
Board Altcoin Discussion
Re: EOS Officially Has The Worse ICO Setup In History
by
brekyrself
on 11/06/2017, 02:22:36 UTC
The github page clearly says:

"Draft EOS Token Sale Contract

DISCLAIMER: Everything contained in this repository is in draft form and subject to change at any time and provided for information purposes only. block.one does not guarantee the accuracy of the information contained in this repository and the information is provided “as is” with no representations or warranties, express or implied. This code is owned and copyrighted by block.one and cannot be used by anyone for any purpose other than testing on the Etheruem test network.

This repository contains the draft source code for the EOS Token Sale. It is being released so that it may be reviewed by the community and deployed and tested by all on the Ethereum test network.

No information regarding the final terms and timing or properties of the sale have been released at this time."


360 days is also a very, very long window to purchase.  I imagine the purchase history should be available for everyone to see thus can judge when it's a good time to get in?  Obviously why they are front loading the first 5 day window with 20%.
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Topic
Board Altcoin Discussion
Re: Why BitShares price Up today? What happened?
by
brekyrself
on 10/06/2017, 20:14:44 UTC
Pumps happen every other day. the holders make profit while the pumpers become wealthy. BitShares is the daily pump.

Pump or not, when looking at the technology and actual business use cases around BitShares, no reason it should not be in the top 10/20.  Compare it to the others.
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Topic
Board Altcoin Discussion
Re: Why BitShares price Up today? What happened?
by
brekyrself
on 10/06/2017, 19:31:30 UTC
Start reading ALL of the articles here: https://steemit.com/trending/bitshares

There is serious development building upon BitShares blockchain from outside businesses.  Do some research, you will see BitShares is a platform, not just a token.


Quick examples:

https://steemit.com/bitshares/@stan/hollywood-heros
https://steemit.com/bitshares/@stan/bitshares-hit-by-cat-5-miracle-of-heroic-proportions
https://steemit.com/bitshares/@stan/using-bitshares-to-underwrite-risky-asset-backed-currencies

nice weekly updates:
https://steemit.com/bitshares/@steempower/bitshares-state-of-the-network-6th-june-2017

Dan's interview about EOS which also covers quite a big of BitShares and Steem.
https://youtu.be/K6uR0A9cC5Y

Growth over the years:
http://cryptofresh.com/charts (this page takes awhile to load)


It's quite nice for a decentralized exchange/platform etc...  Think about OpenLedger how they flipped the exchange market to simply becoming a gateway and earning $$$.  https://openledger.info/