[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.
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.
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When you trade bitcoin CFDs, you never interact directly with an exchange. Instead, you trade on our buy and sell prices, which we source from a number of exchanges on your behalf. In order to take a position on bitcoin’s price, then, all you need is an IG trading account. Bitcoin exchanges work the same way as traditional exchanges, enabling Places to buy bitcoin in exchange for other currencies. Note: Exchanges provide highly varying degrees of safety, security, privacy, and control over your funds and information. Perform your own due diligence and choose a wallet where you will keep your bitcoin before selecting an exchange. Exchange one asset for another in our advanced and secure Bitcoin exchange. The best place to buy, sell and trade your cryptocurrencies. Start your trading journey today. Making cryptocurrency trading accessible to everyone, anywhere in the world. Spot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and many more digital assets. LATOKEN is a cutting edge exchange which makes investing and payments easy and safe worldwide. We are bringing trading and banking to a new generation of blockchain to automate transactions processing and save billions of work hours per year. Crypto.com is an exchange that opened up for beta testers back in November 2019. The platform bolsters the vision of the company’s CEO, Kris Marszalek, who intends to create a full-service experience to the millions of users who are already using it.
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