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i will vote the first 20 Delegate,who feed price BTSX/BITCNY.I think it's very important for chinese and chinese Market.I want also buy a pizza with Bitcny.Let's feed price and just do it!
It is very important that people don't make this an "us vs them"... I have a lot of respect for Ripple's product and they are a valuable resource.
At the end of the day ranking on coin market cap is just a statistic. The fact that BTSX is in the same league as Ripple when the code is still incredibly buggy and we are patching things on the fly is amazing.
Given the investment and infrastructure behind Ripple I was rather surprised at their small market cap. I feel that this adjustment is a more fair estimation and by the end of the week we may well be ahead of them again.
To get extra "collateral" on your short position the current process is as follows:
Short 100 USD
Buy 50 USD
Cover 50 USD
Result: partially covered position has 3x the required collateral.
If any motherfucker dares to short at $0.7 I will eat his collateral like a mama bear eats baby bear hunters
"I did read. Thats why I think its basically gambling software. They mention that they will have market pegged assets. That will be interesting, but I dont believe it will be market pegged but also pure gambling. (market pegged would mean that you can buy P&G share and price currently on stock exchange, and later sell it at price at that time, which IMO is impossible)."
Law-abiding people in developed countries benefit from not having their assets seized and also from substantial deposit guarantees. When they deal with “deposits” at functioning exchanges and regular banks, their deposit balance represents a contractual obligation on the depository institution to return those funds at par.
