BitShares Forum

Main => General Discussion => Topic started by: testz on October 21, 2014, 07:27:32 pm

Title: Bitstamp: Unverified Bitcoin Accounts at Risk as Deadline Looms
Post by: testz on October 21, 2014, 07:27:32 pm

http://cointelegraph.com/news/112761/bitstamp-unverified-bitcoin-accounts-at-risk-as-deadline-looms

Can it's boost BitShares decentralized exchange?  :)

Title: Re: Bitstamp: Unverified Bitcoin Accounts at Risk as Deadline Looms
Post by: xeroc on October 21, 2014, 07:37:21 pm

Quote from: testz on October 21, 2014, 07:27:32 pm

http://cointelegraph.com/news/112761/bitstamp-unverified-bitcoin-accounts-at-risk-as-deadline-looms

Can it's boost BitShares decentralized exchange?  :)

once we have on/off ramps there is no need to business like bitstamp .. (unless you want to trade 'the real' crypto tokens)

Title: Re: Bitstamp: Unverified Bitcoin Accounts at Risk as Deadline Looms
Post by: Rune on October 21, 2014, 09:08:19 pm

Quote from: xeroc on October 21, 2014, 07:37:21 pm

Quote from: testz on October 21, 2014, 07:27:32 pm

http://cointelegraph.com/news/112761/bitstamp-unverified-bitcoin-accounts-at-risk-as-deadline-looms

Can it's boost BitShares decentralized exchange?  :)

once we have on/off ramps there is no need to business like bitstamp .. (unless you want to trade 'the real' crypto tokens)

Yep, that's what makes bitshares so fucking beautiful.

Large exchanges will not have an advantage over tiny exchanges because massive volume will not give a better spread when the thing people buy is already pegged. And once you've bought the pegged asset, then you can buy BTS on the internal decentralized market, which will have insane volume.