http://www.theverge.com/2015/7/2/8877203/this-man-is-building-a-stock-exchange-that-will-screw-you-over-less

Someone needs to get these guys to clue in about what trust really means.

 

Why are all the URLs similar? Groups of story IDs are the same across different news outlets? Are they all running on the same database? Something doesn't make sense.

Quote from: btswildpig on June 29, 2015, 01:15:48 am

fun fact :

news A : bank accounts of people from XXX have been frozen

news B : people from XXX buy bitcoin like crazy .

Me : how the hell can they buy bitcoin when their account have been frozen ?

News A : bank accounts of people from XXX have been frozen

News B : people from XXX buy bitcoin like crazy .
News B: People from NNN - WWW diversify more into safe haven currencies, (Au, Ag, BTC ) because their banking systems have high risks too & they don't want to end up like XXX people. 

News C: People from AAA - MMM diversify more into safe haven currencies, (Au, Ag, BTC) because they're worried about systemic risk especially with China having problems too.

You can see just this morning, Switzerland had to intervene because of high demand for the Swiss franc (Perceived safe haven currency)

Quote

“There was an increased demand for francs” over night, Thomas Jordan says at conference in Bern. “The SNB intervened in the market to stabilize it.”

http://www.zerohedge.com/news/2015-06-29/central-banks-scramble-stabilize-crashing-markets-china-fails-switzerland-succeeds-n

& European bank risk is spiking http://www.zerohedge.com/news/2015-06-29/european-bank-risk-spikes-most-5-years-19-month-highs

*Also people in XXX have withdrawn Billions in Euros (Cash) in the last few weeks, if the banks are closed for extended periods or there are strict capital controls we will see a sharp uptick in the use of currencies like BTC to move money over distance and borders. (Though this won't be the primary driver of any price rise.)

Man I miss my eurchf scalper.. easy money from 23:00 to 1:00 every day... except only in normal circumstances.

The problem is there are borders between financial jurisdictions that have different morals and political expectations of their people and themselves yet are governed by one unit of account that a central entity has control over, more likely the one with the most purchasing power at the time so essentially becoming an oligarchy. With something like bitcoin or whatever the only difference would be that these expectations would go out the window because not one entity really has veto power of restructuring debt thus it becomes easier to solve the problem of smaller economies using the same currency as the bigger economy.

It would be really helpful if bitcoin could start moving higher... Right now btc is still the lead dog and a jump in price would grab a lot of crypto media attention.  That would bring in more outsiders and give them more of a reason to look at alts like bts... Once they own bitcoin it becomes much easier and less expensive for them to move to bts, not to mention getting over the mental hurdle of buying crypto to begin with.

Yes I said many times that when the REAL altcoin craze happens it will be in coordination with btc unlike the other times.

Anyone get their btcb balance moved over? My 3 btc is still stuck and they keep saying I'm in queue becsuse they paid off other ppl seeks like they won't return my funds.

I manage dev.sidhujag

Another one that's actually used a lot is http://getclef.com

That one is centralized