askmike

9 ms·

31.
by askmike 5y ago
I updated it: ad price was <$0.01, gas fee was $6.83 EDIT: I got outbid, I didn't post any NFT ad
32.
by askmike 5y ago
> Anonymity? People are unsurprisingly very in favor of KYC so we can apply anti–money laundering and terrorism laws. This doesn't scale any further than a website ran by a company providing services. Most eyes are on DeFi which is
33.
by askmike 5y ago
For sure, I guess you can say it will there for as long as at least one person in the world (or in space, not sure on your timeline) keeps running the node software. It doesn't rely on any companies or currently existing groups of peop
34.
by askmike 5y ago
> My worry was that the chain of trust is broken by definition - as soon as you store things outside the chain. From the chain perspective they never really leave the chain. They are either locked (most L2 solutions such as Bitcoin Light
35.
by askmike 5y ago
If the whole world uses DigitalOcean for NFTs sure, but maybe we end up in a world where there are many providers. And not one that controls everything (by which point it's not centralized). Similar to right now many crypto is stored i
36.
by askmike 5y ago
> Other blockchains technology that support higher throughput are providing exactly the same capabilities for a few pennies There are many networks that claim to do this, but we have yet to see how this is going to play out. A big questi
37.
by askmike 5y ago
Once you deploy it it will be there, forever running on a decentralized immutable computation machine which is made up of nodes and miners all over the world being incentivized a certain way. That kind of certainty has a beauty to it.
38.
by askmike 5y ago
https://archive.is/XyoLF
39.
by askmike 5y ago
And in crypto SEC is usually late to enforce. They only last week cracked down on the Bitconnect ponzi, which collapsed in January 2018 (that's an eternity in crypto)
40.
by askmike 5y ago
There are many big trading firms trading billions a day willing to do the tether leg for you if you don't trust it yourself (they will take the risk), but a sale like this wouldn't happen at once anyway.
41.
by askmike 5y ago
Most money in the orderbooks is from HFT MMs, if you start selling on Binance the bids on Huobi/OKEx/etc will dissappear, most likely before you can buy (correction: sell) all. If you want to sell this much you really do not do it
42.
by askmike 5y ago
> All that data is clearly valuable: Grab has also announced record profits. What do they say about correlation and causation?
43.
by askmike 5y ago
Folkvang | Hong Kong | On-site | Full time | https://folkvang.io Folkvang is a high frequency, quantitative trading firm active in the cryptocurrency markets. With a backing from Alameda Research, we’ve become a major player in
44.
by askmike 5y ago
The utility is hard to measure, but brushing it off being valueless is subjective. It should be clear to you at this stage that not everyone agrees with you.
45.
by askmike 5y ago
> Your source code is somehow compromised and attackers slip in rogue code to your production site. Really at this point it's too late to do anything else, instead of trying to dos your dev machine he can instead do simpler things l
46.
by askmike 5y ago
What would they ask for? You can have residency in many countries.
47.
by askmike 5y ago
I think covid has shown that when the world is faced with a pandemic, not everyone agrees on what's common sense is in terms of how to respond as a society/government.
48.
by askmike 5y ago
Folkvang | Hong Kong | On-site | Full time | https://folkvang.io Folkvang is a high frequency, quantitative trading firm active in the cryptocurrency markets. With a backing from Alameda Research, we’ve become a major player in
49.
by askmike 5y ago
This looks super cool! I would love to play around with this, but the docs are a little light at the moment (unless I missed them). Would definitely recommend pushing docs and content on how to build custom strats, extend the main framework
50.
by askmike 5y ago
Folkvang | Hong Kong | On-site OR Remote | https://folkvang.io Folkvang is a high frequency, quantitative trading firm active in the cryptocurrency markets. With a backing from Alameda Research, we’ve become a major player in th
51.
by askmike 5y ago
The point was that it looks very clear to be a restriction coming from Apple (which is why it's about restrictions specifically on the iOS platform and nowhere else). Apple is forcing these rules onto other apps like Discord.
52.
by askmike 6y ago
To counter this: if you happen to find yourself on the phishing domain facebo0k.com and you end up copying your password into that.. Browser extensions guard for this better than we can.
53.
by askmike 6y ago
Not sure this aged like you think it would: > Or rather, what most people in the industry pretend doesn't exist, because they know it's a systemic risk and everyone's in way too deep at this point. Are you referring to the
54.
by askmike 6y ago
He might have been referring to the fees of coinbase pro, which also are pretty high fees (but orders of magnitude smaller than the coinbase retail app). Pretty high for crypto, insane for people coming from fx or other traditional markets.
55.
by askmike 6y ago
Your best case scenario is worse than what most people in the industry consider the truth..
56.
by askmike 6y ago
> but despite allegedly having several tens of billions of dollars in reserve, they refuse to do an audit. They don't refuse this, instead they fail to find an auditor that people actually trust that wants to work on a big crypto pr
57.
by askmike 6y ago
There have been many bubbles before Mt Gox and there have been many after. > Tether has been responsible for multiple bitcoin bubbles now No one in the space actually believes this.
58.
by askmike 6y ago
To make sure it actually does move near perfect tandem there is a new interest element that will incentivize the market to have the perp trade close to underlying.
59.
by askmike 6y ago
That's a very different subject, I don't see any overlap
60.
by askmike 6y ago
context: https://en.wikipedia.org/wiki/Samy_(computer_worm)

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