[uncensored-r/CryptoCurrency] How is Lightning Network a problem if in real world we use 3rd party to trade bitcoin (exchanges,...
The following post by fugogugo is being replicated because the post has been openly greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ CryptoCurrency/comments/7kh5jx The open modlog reason it was greylisted as reported by /CryptoCurrency was: Removed for not meeting minimum character count. - Section 15C. The original post's content was as follows:
[uncensored-r/Bitcoin] Is anyone trading Bitcoin "Exchanges" instead of trading Bitcoin?
The following post by ChartAnalyst is being replicated because the post has been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7lxgo4 The original post's content was as follows:
This is probably the line of thinking that got me kicked out of Yahoo Message Boards in the early 2000’s and caused Yahoo to re-write their code. I was conducting searches on Yahoo Finance Message Boards for “Vectorvest Undervalued” and finding all the stock communities where members of that particular community were also paid subscribers to Vectorvest, and who willingly posted their Vectorvest evaluations to the private stock community message boards. Yahoo wrote my IP out of their system and changed their Finance Board searching capabilities. On World Coin Index website under Bitcoin, to the right you will find all the various Exchanges who offer Bitcoin for sale. If you will notice by reading down the list various prices exist for Bitcoin. What is to keep an investor from buying Bitcoin on one exchange for $12,000 and turning around and selling that same Bitcoin on another Exchange for $15,000 thus making an instant $3,000 return on his investment? Obviously many factors contribute to a successful execution of said procedure, but I’ve not found anyone else making this observation. If I have missed a similar post and I have re-posted I apologize. A person that has access to all Exchanges could do this all day long and twice on Tuesday. As long as multiple Exchanges exist then multiple prices are going to exist in high volume markets such as Bitcoin. And as the Robots are only buying and selling in the markets their developers have designed them to watch then not even the Robots are realizing this potential success, imo. Happy successful trading!
I hereby announce moving out my trading stash from CoinEx and moving to an exchange which actually cares about the BCH space & its moral grounds. While miners are expected to act selfishly and follow the money (keeps the lights on in Bitcoin), helping a thieving developer by default is a no no. Cya.
You are free to announce Bitcoin Cat, Bitcoin Amaury the Cat, Bitcoin ABC or whatever the hell you want to fork and announce, that’s cool. But to default your mining power to a chain that is stealing 8% of our collective effort and paying it to a thieving developer is against my moral standing and I refuse to support your business at all in such a move. I will be immediately ending my CoinEx trading (with one last pending move which is dumping all the Amaury coins once forked), and moving on from you and ending my recommendation of your exchange to my friends and family circle - and it’s a huge fucking circle. Miners will eventually learn that while acting selfishly is a good thing for most of the time, in certain times they must actually employ some critical thinking and moral evaluation of situations and take stances accordingly. Haipo, maybe take a look at Roger Ver and other ethical miners’ recent actions for reference on how to act responsibly and morally in this space. Good bye CoinEx, you actually have been a great exchange and I’ve been a loyal beta tester until today - keep on forking Cats genius.
India May Be Starting Its Biggest Bitcoin Bull Run Yet. India’s crypto trade volumes have soared since the Supreme Court of India lifted banking restrictions for exchanges in March - CoinDesk
I'm a minor looking to exchange bitcoin and other cryptocurrencies for fiat, is there any hope for me or am I just limited to trading crypto for crypto for now?
Hi all, I've gotten into cryptocurrencies recently, thought it could be interesting to invest what little money I have and try to make some more, yknow, just a teen trying to make a quick buck However, since I'm under 18, I haven't managed to find any website that allows minors to withdraw fiat currencies without having to give a valid ID, so I'm kind of screwed here. I could ask my mother to help with that, but she clearly told me that she did not care if i was "wasting my money" but she refused to know anything about what i was doing, even when I told her I was getting my bitcoin from mining with stormgain or from tv-two. So, not an option either. Coinbase doesn't let T0 users deposit their bitcoin, Kraken doesn't allow fiat withdrawal to users with a starter account, and Stormgain is only for trading and mining, so I'm a little lost Is there any place I can withdraw fiat from bitcoin at market price? Or will I have to wait until I turn 18 to get any profit out? Thanks in advance!
It's in the best interest of centralized exchanges to keep Bitcoin a poorly developed protocol with expensive fees. So it would be practically impossible to trade it with decentralized exchanges or atomic swaps.
A minimum of 100 PROB must be staked in order to be eligible for this event and staked PROB can’t be decreased during the competition duration.
A minimum net purchase of 7,500 WBX during the event duration is required in order to be eligible.
WBX net purchase volume: Buying volume — selling volume — withdrawal volume during the duration above
Stake PROB: https://www.probit.com/en-us/stake/PROB Staking guide: https://support.probit.com/hc/en-us/articles/360039717011-How-to-Stake-PROB ⯈ Buy WBX, Win WBX The Top 10 accounts with the highest net purchase of WBX within the event duration will be rewarded with a total of 500,000 WBX worth of prizes during the event duration. 1st place: 300,000 WBX 2nd place: 100,000 WBX 3rd place: 50,000 WBX 4th place: 25,000 WBX 5th place: 15,000 WBX 6th place: 5,500 WBX 7th place: 1,500 WBX 8th place: 1,250 WBX 9th place: 1000 WBX 10th place: 750 WBX *Earn lower trading fees by staking PROB Staking PROB will unlock lower trading fees based on your membership level which is determined by how much you stake. Higher PROB staking amounts receive the lowest trading fees so stake your PROB to start enjoying the benefits. For more on trading fees, please refer here: https://www.probit.com/en-us/trading-fee Stake PROB! https://support.probit.com/hc/en-us/articles/360039717011-How-to-Stake-PROB ⯈Terms and Conditions:
WBX net purchase volume: Buying volume — selling volume — withdrawal volume during the duration above
A minimum of 100 PROB must be staked in order to be eligible. Users’ staked PROB can’t be decreased during the competition duration.
ProBit Exchange reserves the right to cancel or amend the event rules with sole discretion.
ProBit Exchange reserves the right for final interpretation of the results of these events.
In the case of a tie, PROB holding amount will be used to determine the winner.
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