flignats

8 ms·

31.
by flignats 9y ago
Low transaction fees and fast transaction time was never a sustainable competitive advantage. Yes, coins like these will need to innovate somehow or their utility will drastically decrease.
32.
by flignats 9y ago
it's a shame you've done all of that and still think it is akin to gambling.
33.
by flignats 9y ago
They require mass adoption to work as intended.
34.
by flignats 9y ago
"Not because blockchain is some sort of an innovation." Actually, it is some sort of huge innovation.
35.
by flignats 9y ago
You'll need to be more specific.. Exchanges: Coinbase/Binance/Kucoin Info: DYOR/Reddit/Bitcointalk/Coindesk Tax: bitcoin.tax Portfolio: Cryptocompare/Blockfolio (mobile) Prices: Coinmarketcap/Livecoin
36.
by flignats 9y ago
Have you ever bought/sold on CB? It is exactly that, a fixed price. It's the convenience you pay for to use CB. That price updates frequently, but whatever price you execute at is the price you pay/sell for.
37.
by flignats 9y ago
https://bitcoin.tax/
38.
by flignats 9y ago
They can do whatever they want with it after they have sold it to me for a fixed price.
39.
by flignats 9y ago
They do update that price frequently (minutes, maybe seconds) and there is a premium added to the price. I assume they add this premium so they can then go liquidate it for profit on the exchange as needed.
40.
by flignats 9y ago
Because they just bought it from you at that guaranteed price. They could go and sell it on the market for more/less, but the price you sold it to CB for remains the same.
41.
by flignats 9y ago
Normally, yes. But if you sell it through coinbase and not gdax, cb let's you sell it instantly and acts as a buyer.
42.
by flignats 9y ago
You would benefit from broadening your understanding of centralized and decentralized as it applies to the blockchain and ledgers.
43.
by flignats 9y ago
I believe you're thinking of the ledger as a distributed ledger and applying 'centralized' as a description, which it is not. Bitcoin is a decentralized ledger.
44.
by flignats 9y ago
USN - USS Boxer - 2003 - 2007 Specific 'core values' remain important to me.
45.
by flignats 9y ago
This is untrue, where did you learn this?
46.
by flignats 9y ago
I disagree with you entirely. The creator requested an open, live debate to put these claims to rest. They haven't accepted and probably won't.
47.
by flignats 9y ago
These points have all been talked over extensively and are not a concern: https://medium.com/@comefrombeyond/cfbs-comments-on-https-ww...
48.
by flignats 9y ago
"IOTA uses hash-based signatures ( https://www.imperialviolet.org/2013/07/18/hashsig.html ) instead of elliptic curve cryptography (ECC). Not only is hash-based signatures a lot faster than ECC, but it als
49.
by flignats 9y ago
Care to add sources?
50.
by flignats 9y ago
There are several quantum resistant crypto currencies. I.e. IOTA
51.
by flignats 9y ago
Almost anything that needs validation/integrity. Luxury handbags? Check the blockchain to confirm it is real. Need goods transported at a consistent temperature? The blockchain can validate that your shipment did in fact remain (or not
52.
by flignats 9y ago
You're on HN and don't know about REQ?
53.
by flignats 9y ago
yes, there has been serious thought to this. The fee to verify transactions is based on an auction model. Miners will always pick the transactions with the highest fee. If you want your transaction confirmed, you'll increase the fee. O
54.
by flignats 9y ago
I don't get it - btc is worse than cash for buying drugs and botnets. Cash is anonymous, how do people forget that?
55.
by flignats 9y ago
aaand then there were issues!
56.
by flignats 9y ago
There's no issue purchasing from Coinbase, transactions are instant.
57.
by flignats 9y ago
the statement why REQ would try this, not ycomb's investment strategy.. They don't just invest in anyone, they do due diligence, why would they conclude this is even a viable risk taking opportunity if it was easy to see there is
58.
by flignats 9y ago
If you can't see the utility then you haven't done any due diligence. Most here just want to read a headline and add their opinions.
59.
by flignats 9y ago
Great, I'll keep accumulating and you can stay away so I can accumulate at a cheaper price. I highly suggest you do a little more research. This is a transfer of wealth on scale that I haven't seen in my lifetime. I'm not a w
60.
by flignats 9y ago
pumping bitcoin, lol - you don't get it.

More ›