A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
PS Coin (Bitcoin Exchange) - A New Kind of Market / History
We all know that computer science and the latest information technology advances have brought us faster and faster trades on exchanges such as the NYSE and Nasdaq. As a result, high frequency trading (HFT) has increasingly caused more volatility, flash crashes, and very unhealthy, predacious trading. HFT companies such as Virtu Financial have made a profit every day in the last 6 years with but one day at a loss, at the expense of every one else in the market losing just a little bit continuously. This is not healthy speculation and it leaves no room for competition. HFT companies are predators and regulation to slow trades will only create greater problems. A little known history… Markets aren't new. In fact, despite all the above advances in how fast trades can execute, the markets themselves have not evolved with that technology since 1602 when the Dutch East India Trading company established the Amsterdam Stock Exchange. The world was a different place back then. Information traveled much slower. Yet, although HFT was not possible, flash crashing and volatility did still occur "when appropriate": The famous Tulip Mania. PS Coin proposes a new kind of market. The first change since 1602. A correct change based on math, designed by a mathematician and computer scientist for the information technology age. Please see our video: https://youtu.be/dLqhMIksOjU Please also see our hashtalk thread: https://hashtalk.org/topic/31387/ps-coin-a-new-kind-of-market-paycoin-exchange Sources: http://www.bloomberg.com/news/articles/2015-02-20/high-frequency-trader-virtu-extends-nearly-unblemished-streakhttps://en.wikipedia.org/wiki/Amsterdam_Stock_Exchange#Historyhttps://en.wikipedia.org/wiki/Tulip_mania#History
Amaury Sechet and Bitcoin ABC are an attack on Bitcoin Cash. Prevent a fork now by uninstalling Bitcoin ABC immediately and demanding that your preferred exchange not support a coin split.
I do not want another coin split but Sechet seems determined to provoke one. The only way to remediate this is to eliminate the use of his software throughout the ecosystem, effective immediately. If you're running a Bitcoin ABC node I encourage you to immediately uninstall it and switch to any other implementation, ie. BCHN. Also, please contact your favorite exchange and request they uninstall Bitcoin ABC. #CancelABC
Tyler and Cameron Winklevoss, founders of Gemini crypto exchange said that Bitcoin (BTC) will eventually hit $500,000 per coin during a recent interview. MicroStrategy and others buying huge amounts of Bitcoin for their treasury reserves seems to indicate that the market is beginning to shift
So tell me why aren't people using the Square Cash App to buy Bitcoins to exchange for XMR for use on the Dark Net? They're only charging 1.75%! And they allow you to send the coin. Why aren't I seeing more of this? I haven't tried it yet but sheesh. .
Earn 10% Back plus 50% Discount on All Trading Fees - Join Liquid Crypto Exchange Platform - Trade Bitcoin, Ethereum and Alt Coins using Fiat or Crypto with Low 0% Trading Fees
Sign up for Liquid (https://www.liquid.com/sign-up/?affiliate=InZmUQNE727430), the world's most comprehensive and secure cryptocurrency exchange trading platform, and earn 10% back on all trading fees paid on your cryptocurrency trades like Bitcoin, Ethereum, Bitcoin Cash, XRP, and Alt Coins including Celsius (CEL) and Crypterium (CRPT) tokens. Plus receive a 50% trading fee discount by paying in Qash tokens. Liquid offers trading fees as low as 0%. Plus you can deposit fiat/cash via bank transfer to your Liquid account in currencies like USD, EUR, SGD, AUD, PHP and HKD. Liquid is NOT available to users in United States of America and Japan. To earn 10% back and 50% discount on all crypto trading fees, sign up at https://www.liquid.com/sign-up/?affiliate=InZmUQNE727430 or use referral/promo code InZmUQNE727430 during registration. If you want more free Bitcoin and/or bonuses for opening crypto accounts and making small deposits or transactions, check out the following:
Earn 10% Back plus 50% Discount on All Trading Fees - Join Liquid Crypto Exchange Platform - Trade Bitcoin, Ethereum, Bitcoin Cash and Alt Coins using Fiat or Crypto with Low 0% Trading Fees
Sign up for Liquid (https://www.liquid.com/sign-up/?affiliate=InZmUQNE727430), the world's most comprehensive and secure cryptocurrency exchange trading platform, and earn 10% back on all trading fees paid on your cryptocurrency trades like Bitcoin, Ethereum, Bitcoin Cash, and XRP including Celsius (CEL) and Crypterium (CRPT) tokens. Plus receive a 50% trading fee discount by paying in Qash tokens. Liquid offers trading fees as low as 0%. Plus you can deposit fiat/cash via bank transfer to your Liquid account in currencies like USD, EUR, SGD, AUD, PHP and HKD. Liquid is NOT available to users in United States of America and Japan. To earn 10% back and 50% discount on all crypto trading fees, sign up at https://www.liquid.com/sign-up/?affiliate=InZmUQNE727430 or use referral/promo code InZmUQNE727430 during registration. If you want more free Bitcoin and/or bonuses for opening crypto accounts and making small deposits or transactions, check out the following:
It's a nonsense to have your Bitcoin on a custodial exchange. It's like a bank that is saving your crypto. Not your keys, not your coins.
Most exchanges offer you a wallet where you can "hold" your bitcoin. The reality is that those are their bitcoin and not yours. You have to trust them that they will always let you have control over your part of their bitcoin The beauty of bitcoin is the fact that you can be your own bank. You don't need to depend on anyone. If you depend on an exchange, it's like having the money in a bank, where you depend on their promise that they will let you operate. If you really want to hold your bitcoin get a wallet where you hold your keys (12/24 word seed). Then you are truly holding bitcoin and no one will be able to have control over your funds. Edit: added some text.
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