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What are you having trouble figuring out? Happy to help people into crypto
by mhluongo 9y ago
What are you having trouble figuring out? Happy to help people into crypto
- KGIII 9y agoBasically, how to bet that it is going to plummet in value and make money on that process. I figure it's a bubble and there's going to be a popping, even if it is done by force of law. These ICOs are starting to make powerful people angry. Thefts like this one are starting to get regular media coverage. At some point, probably soon, the governments are going to come and clamp down on it. Is there a way to long-term short Etherium or Bitcoin?
- flashmob 9y agoMedia coverage is negative only because that's what people like to click on. I think government regulation will only legitimize it and bring it to the masses.
- KGIII 9y agoThis very thread is about a negative. Would you rather they just ignore it?
- flashmob 9y agoIgnore? No. I found the story interesting myself & there's some nice discussion on here. News would be boring if it wasn't for the negative stuff. All I'm saying that one should always question the motives of the media & not necessarily conclude a general opinion just by reading a bunch of articles that landed on the front page. As for the exploit itself, it's hard to believe that in this day and age XSS is still a problem despite so many solutions & fixes for it.
- KGIII 9y agoI'm not sure what is worse, the XSS or that the system allows transfer of assets without human intervention. Probably the latter, actually. Why would a coin system even allow that? That is, shall we say, not the best idea.
- mhluongo 9y agoA long term way that doesn't bankrupt you first? I doubt it, but I don't know your financial situation. Plenty of exchanges will offer you shorts if you're that confident, though. BitFinex and Kraken come to mind.