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also, this is very specific. it's only US relatedHave you read the link?
Wouldn't it be simpler to request the exchanges suspend BTS deposits and withdrawals on the 13th?That doesnt stop insider trading
This way their internal exchange can stay functioning and there should be issues while they upgrade to 2.0 as well.
Regulators are not the ones that want to end crypto, its coming top down. These guys just follow rules.. In the end we all know its corrupt but different people have different thrreholds for crossing against the law based on circumstances. Yes it takes balls to make changes and as trust vs govt collapses so to does the confidence in acting against govt increase.There is no generic answer to your questions because the answers depend on your jurisdiction.
Moreover, answering these questions may be considered legal advice, which is itself illegal in some jurisdictions unless you're a lawyer.
Meanwhile the UN os trying to power grab the inet along with its banking cartel owned puppet nation state "public servants"...caring nothing for those nations' Constitutions and with all their actions at such ridiculous levels of corruption that we had to pivot to crypto in order to FIX the problems they started in the first place..
Sometimes it scares the crap out of me to realize that we have to walk on eggshells out of concern for being put in prison or fined while the very people who cause the crisis that brought crypto to the attention of the world go unhindered....and often even rewarded.
There has to be a way to not go to prison for fighting to make these a$$holes obsolete and destroy their world wide syndicate networks.
would be nice if those stress tests would be preanounced.Yea unless you want to find bugs first which they are going to have to do first anyway
so we could observe the nodes behaviour (cpu/io load etc) and
bytemaster could set up new testnet if things go wrong
and the network dies.
Before the last stress test (when the network was mostly idle), I have noticed my witness was constantly consuming
10-15% cpu which was strange, also mising some blocks. So I switched
to backup witness. The new witness was under 1% cpu and reported
extra 20 missed blocks, althought the switchower was immediate using update_witness
without any block loss. So it seems the original witness lost track
of lost blocks somehow too.
Also would it not be better to run stress tests without debug mode on
to get better performance ?
Interesting...No sane business of decent size would do thatSo they would be a bts holder even if thats not their core business? Doesnt make business sense unless they are a startup looking for bleeding edge risk and tech to integrate. I dont think that is the case.What does the employer get out of this? I mean you must have pitched a way to save money increase efficiency..
Because its new tech and certainly not the easiest to understand im curious as to how a big company overcame the burden of technical complexity and fear of new technology by having been provided with what they will benefit from using the technology... Must have been something very lucrative to them to jump in.
What do you think $40 million a month in BitAsset demand would do to the price of BTS? That's lucrative.
I wonder if this is a partner looking to invest in bts in that case or if its a standalone company with its own core business intact and profitable.
Even if it's not their core business, but they have an understanding of the space, I think the high probability that BTS gains 2000%+ would make the opportunity lucrative.
The referral programme could also come into play? It could offset payroll costs and even make it profitable while still being better & cheaper for employees than their current system.
Actually it seems quite common. While they say it was not their intention to convert their investors to clients, it looks like some of the investors in new payroll startup, ZenPayroll, switched the payroll of their companies over...Quote"Right now we have a very strong focus on small businesses, and sub-100 person companies," Reeves says. "We did not take these investors to convert them to clients, it's about getting a chance to talk to these people who have been in our shoes."
http://uk.businessinsider.com/practically-every-notable-founder-in-silicon-valley-just-invested-in-this-startup-2014-11?r=US&IR=T
No sane business of decent size would do thatSo they would be a bts holder even if thats not their core business? Doesnt make business sense unless they are a startup looking for bleeding edge risk and tech to integrate. I dont think that is the case.What does the employer get out of this? I mean you must have pitched a way to save money increase efficiency..
Because its new tech and certainly not the easiest to understand im curious as to how a big company overcame the burden of technical complexity and fear of new technology by having been provided with what they will benefit from using the technology... Must have been something very lucrative to them to jump in.
What do you think $40 million a month in BitAsset demand would do to the price of BTS? That's lucrative.
I wonder if this is a partner looking to invest in bts in that case or if its a standalone company with its own core business intact and profitable.
Even if it's not their core business, but they have an understanding of the space, I think the high probability that BTS gains 2000%+ would make the opportunity lucrative.
The referral programme could also come into play? It could offset payroll costs and even make it profitable while still being better & cheaper for employees than their current system.
Great ideaFeedback.
Great Job and overall much praise for the new wallet. And now here is the useful(critical) stuff.
1. It is extremely overwhelming for new users with so many tabs and features etc. I suggest a number of views that can be controlled by settings.
The basic and default view should be account name, history, and transfer and membership only. It would be really neat if after they have say two transactions a pop up message appears ans says hey... it appears you have mastered transferring money to and from your account. May we take the training wheels of this puppy and introduce you to some advanced features? It is free. Yes/ No
Next view might be called trader. It opens up the exchange tab. and maybe permissions tab as well.
Final might be pro view with everything. Users can choose from the settings menu at all times but we also prompt them after certain milestones.
2. When doing an exchange we show price and the quantity of one currency, but not the quantity of the other currency. That would be nice.
3. I was confused as to what Pay was versus Transfer.
Anyway, overall very good.
i really like the idea of view switches… starter view / trader view …
also maybe something similar to http://foundation.zurb.com/docs/components/joyride.html would be useful if user sign up first time, to get a guided tour through the GUI ... could this make sense?
So they would be a bts holder even if thats not their core business? Doesnt make business sense unless they are a startup looking for bleeding edge risk and tech to integrate. I dont think that is the case.What does the employer get out of this? I mean you must have pitched a way to save money increase efficiency..
Because its new tech and certainly not the easiest to understand im curious as to how a big company overcame the burden of technical complexity and fear of new technology by having been provided with what they will benefit from using the technology... Must have been something very lucrative to them to jump in.
What do you think $40 million a month in BitAsset demand would do to the price of BTS? That's lucrative.
A warning to anyone lending out BTS on polo right now:
Normally lending is pretty safe. (Basically you are risking the exchange getting goxxed, just like if you are keeping them on an exchange as normal).
But right now we have a weird scenario where one insane guy (cagara) is trying to borrow and short way more BTS than one person should reasonably have as a position, and more than the market's orderbooks could really handle at one time. Worse, he apparently just keeps adding more to it when it goes against him.
What could happen if BTS starts to rise is this:
BTS buys drive the price up and clear a lot of the sell orders out of the orderbook. Seeing the rise, more sellers pull their orders. Sell side declines significantly.
Cagara's short becomes at a greater loss, and eventually he gets margin called. However, he is short so much that the amount can no longer be filled near the market price, because 6 million or more BTS buy will drive the price up MASSIVELY, especially after some buy clear out a lot of it.
The result is that cagara's margin call might drive the market up so much that his remaining btc is not actually sufficient to buy enough back, leaving him sitting with a BTS short remaining open but no capital.
At this point the lender cannot get their BTS back.
The lending rates are really low right now. You should NOT be taking this risk of the margin liquidation of this insane individual causing him to be unable to repay your lended BTS! I have pulled all my lending BTS (and am withdrawing each day).
Withdrawing lending BTS also keeps him from continuing to suppress the price with more shorts, if everyone does it. At the very least you should be asking for 1-2% daily to cover the risk you are taking, and also bleed him for his manipulation of the BTS price.
In normal situations lending can be a good idea to get a bit of free coins, but this is not a normal situation, and lending at .02% like some people are doing is lunacy.
6M isn't a lot, it would currently drive price to 3k satoshi only, and 17M required to get to 4500 satoshi, remember alot of people aren't sitting around watching price all day, if it happens it will happen quickly and before these guys come and remove their orders. It would probably make th emarket jump 200-300 satoshi at once nothing more. But I think his position may be bigger since hes been shorting for a week, and he throws 40 btc like its a small chunk of his portfolio so it will be funny but i dont get why he would short so much with so little wiggle room, its like throwing away money..
Heh like I said earlier you will be 50/50 mostly over an infinite amount of time however your brain gives you an edge usually of a few % that if you apply with proper money management will allow you to trade successfully.. I dont trade because I know it will be near 50/50 and I dont have the time to apply MM and monitor my trades and setups, so I just buy and hold because I know i wont miss out on any big move up.Yea, this is exactly why I could never do margin. The markets are so damn small and reactionary that half the time it seems like a coin flip which way it could go. And it's way too easy for whales to push the price wherever they want it to go.
I'm happy to just hodl and wait.
I shouldve stuck to my no margin plan. Its too damn tempting.
Actually I think I'm up overall using it however, but I mostly have one large gain and like three different 1-2 btc losses. There is a lot of risk of a big loss too.
For a month there it seemed like everything I did in ETH and then BTS worked out and I couldnt lose, and then in the past two weeks it changed and everything I've tried in either ETH or BTS has been wrong. :p
