Discussion in 'Digital Currencies' started by Bullion Baron, Dec 12, 2017.
That's no good, how can you do leverage trading and pump the crypto market on that
You can't decentralize fiat . You can only work around it temporarily. Why do people think you can control something that is designed for government and banks to control and only them.
You could do a decentralized crypto only exchange. The best hope for the future is that we can buy more things with it and do away with government money as much as possible.
This is what has caused today's dump, but there are several articles claiming it's BS, and that they are only going to ban non compliant exchanges
Either way, the FUD of this has caused today's dump
Great time to buy now - some real bargains to be had, although even as I type this things are already starting to recover
So i guess with bitcoin 100 billion between friends is ok?
Well right now you would have nearly made $2000 AUD per bitcoin in a few hours of "work" . I won't realize these profits today because its better to wait for the next cycle. I value increasing my bitcoin holdings more than fiat as to this point in time it has been the best strategy.
In Korean news, they are showing copies draft legislation to be voted on, with the consensus that it will easily pass with bipartisan support.
Tax office is also ultra keen to track down and confiscate anonymous accounts.
Also all banks are to report money in and out of Korean banks.
Some exchanges have been raided, and users accounts taken. I’m presuming the exchanges itself have details ie names and addresses.
To be honest Sth Korea is just an extension of the USA.
Of course this would happen.
Israel may be an extension of the USA as an equal so will not always take orders, Sth Korea is an extension of the USA but extended from a leash where its master keeps tight control.
In Korean perspective, we almost bankrupted our country once with credit a decade ago.
People might recall Asian Finacial Crisis.
The news is saying crypto isn’t big enough to affect the country but this is to safe guard individuals and their families.
Bearing in mind what western media don’t talk about is that Korean currency is tightly controlled, hence limited arbitrage possibilities and the high premiums. Especially since Koreans don’t care for US dollar, Korean WON is king.
Also digital currencies are bought and sold mostly older non tech older generations. Most non traditional news about digital currency don’t even talk about fundamentals buts as a sure but to make a fortune lol.
not sure people ask about exit strategy before they buy into this
Very true, we had a corrupt president last term and she was impeached.
Looks the the market cap is still down. New buys are still nowhere to be seen.
I think the market atm is relying on people that are already in to put more money in. Until Korea gets sorted out people are a bit cautious to do so.
ive always thought crypto is going to crush so many millions of extremly stupid people.... untill now
kfc canada is selling a bucket of chicken you can buy with bitcoin.....
THIS is what ive been waiting for. this is the REAL DEAL!
im out of silver and in this 100%
that is completely ridiculous and nothing but a marketing stunt
the transaction fee needed to get that bucket of chicken in a timely manner would cost More than the cicken itsself
I paid $60 for my last chook.
did it have golden eggs as stuffing?
Pure bred Gold Laced Wyandotte.
Bitcoin needs to do something in regards to its fee structure if it ever wants to capture the KFC market.
KFC should have use Bitcoin Cash
BCH slow compared to BTC ?, Expensive compared to BTC ?
Send $100 BTC $18.26
Send $100 BCH $0.04
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