Oso planning to go pro
Israel latest to crack down on bitcoin.https://seekingalpha.com/news/3319979-israel-latest-crack-bitcoinDec. 25, 2017 3:03 PM ET|By: Yoel Minkoff, SA News Editor Israel has become the latest nation to crack down on cryptocurrencies, proposing regulation to ban companies trading in bitcoin from operating on the Tel Aviv stock exchange."I think it looks like a bubble, smells like a bubble, acts like a bubble and feels like a bubble," said Israel Securities Agency Chairman Shmuel Hauser.The move follows last week's warnings by FINRA against firms that "tout the potential of high returns associated with cryptocurrency-related activities," as well as China's decision to shutter bitcoin exchanges and ban ICOs in September.
https://www.msn.com/en-us/money/markets/bitcoin-sinks-below-dollar14000-on-possible-exchange-closures/ar-BBHqORc?li=BBnbfcNdown 26% in a week. Too volatile for my tastes.
Allow me to pff this. It has been up 3% in the last week (at the time of this posting) and up 42% since last month. Has there been huge swings? Sure.Does it have anything at all to do with potential regulation of exchanges in SK? uhhhh not a chance.
You have to understand that huge swings are what drives more risk adverse people (like me) out of these products. And since I don't have enough knowledge to comfortably diversify myself, I am perfectly willing to sacrifice some return and invest in the five different balanced mutual funds I do now.
YukonAny thoughts on the Ripple big move? Been buying a little everyday and going to keep running with it. Curious on your take.
I know it wasn't directed at me, but Ripple is a centralized coin. It is certainly an anomaly. It has been doing really well value wise, but it is missing some of the main components of a crypto. I don't own any, but its value has gone through the roof, and if you have some in your wallet (as you seem to!) you're probably pretty happy right now with its market cap... because it passed Ether yesterday.Here is a quick hitter rundown for those curious.https://www.investopedia.com/news/why-some-claim-ripple-isnt-real-cryptocurrency-0/
MU82 ... read the post above because the blockchain and cryptos could be the salvation of the newspaper industry. Here’s how ...You write an article. You offer the first 50 words as a teaser, to read more, enter your private key and for 3 cents (or 5 or 10) you can access the rest. No registration, no monthly fees, no passwords. It is as effortless as reading it for free now.So the author gets paid and he is protected. Because the person that bought that copy cannot copy and paste it and send it to everyone via email, or post it on a message board like MUscoop. What they can do is “transfer” it to another. But then it is gone from their computer. It is the digital version of the dead tree newspaper. I can read it and then hand it to someone else. No photocopying it.Why will you happily pay 3 cents (or 5 or 10) to read an article. Think of all the monthly charges you pay for intellectual property. Start with video (cables, netflixs) and then go to newsletters then newspapers (WSJ, NYT) and end with sites you pay for access (ESPN). If you are like me you are way overpaying and it is probably in excess of $200 or $300/month. All this goes away, including registration, passwords and monthly charges. Instead you piece meal out 3 cents here, 5 cents here, 1 penny a minute to stream there. You will pay a lot less every month.And for the content providers, they have opened their site to the billion internet users worldwide. When their work goes viral, they will get tens of thousands, or hundreds of thousands to pay them 3 cents. Netflix is now open to a billion people that can enter their private key (in less than 2 seconds) and start streaming anything for 1 cent a minute. No registration, no passwords. So when everyone says “Stranger Things” is really good. No debating opening an account and the hassle of registering, remember yet another password, and entering a credit card. Just click your private key and in 2 seconds you start watching for 1 penny a minute. Dont’s Like it after 25 minutes. Turn it off and you’re out a whole quarter!By making things more efficient, users (like us) pay less and content providers (like Netflix and The NY Times) get a lot more.It restores the value of intellectual property and stops pirating.That is why it is a the biggest deal since the invention of the internet itself.
Down 1 w 5 seconds left. Doable.
For you Ripple guys, what exchange have you been using to purchase?BitfinexBitstampBithumbBinanceBittrexPoloniexKrakenCoinoneOther? For Bitcoin I have always used Coinbase, but would love some feedback on what exchanges you use for Ripple.
What's prevents someone from taking a screenshot? (Or saving the webpage as a PDF)
There are thousands of ways to beat such a system. People that think any type of new technology will stop piracy, do not understand history or technology.
I also use Binance for trades between cryptos.