vocatus_gate

13 ms·

91.
by vocatus_gate 9y ago
>Is there a Coinbase imposed limit to how many Bitcoins I can send to another wallet? "Sending to another wallet" IS a withdrawal.
92.
by vocatus_gate 9y ago
Yes, Coinbase limits BTC withdrawals based on current USD value. A lot of traders lost money because they couldn't get their funds out in time. Coinbase will likely get sued and it'll cost them.
93.
by vocatus_gate 9y ago
You're more or less correct. Coinbase is sitting on the keys to customer wallets/funds. When the fork happened, those keys work both on the original Bitcoin network and the new "Bitcoin Cash" network. Which, apparently t
94.
by vocatus_gate 9y ago
I think an argument against that is that 10 days is a pretty short deadline to act to prevent a potentially large financial loss. Especially if you were on vacation, not following the news about bitcoin, etc. Coinbase doesn't have to s
95.
by vocatus_gate 9y ago
Nobody thought MySpace or GeoCities were going anywhere either...
96.
by vocatus_gate 9y ago
I was honestly pretty skeptical about it for a while too, and only recently came around after finally sitting down and doing some reading on it. Currently Monero is the only coin I'd trust for any sort of transaction requiring privacy.
97.
by vocatus_gate 9y ago
I think you might be mistaken. Zcash is definitely NOT private for the majority of transactions. You have to opt-in to obfuscated transactions and so few of them are private that the ones that are really stand out. Monero enforces privacy o
98.
by vocatus_gate 9y ago
Can't remember how I stumbled across this article, but I thought it was a good summary of Bitcoin works in spite of some glaring flaws. https://www.gwern.net/Bitcoin%20is%20Worse%20is%20Better
99.
by vocatus_gate 9y ago
That's why I've never understood all this talk about "private blockchains." Why? What's the point? We already have distributed database systems that are light years faster than blockchains. The ONLY benefits of a bl
100.
by vocatus_gate 9y ago
YOLO, in the common vernacular.
101.
by vocatus_gate 9y ago
Yeah that autostart video was incredibly annoying.
102.
by vocatus_gate 9y ago
This paper explains in some basic detail why CoinJoin is a half-solution vs. Ring sigs + RingCT http://weuse.cash/2016/06/09/btc-xmr-zcash/
103.
by vocatus_gate 9y ago
For me it's now Monero or nothing.
104.
by vocatus_gate 9y ago
*fistbump
105.
by vocatus_gate 9y ago
Concurred. I hope they increase the default mandatory mixin level.
106.
by vocatus_gate 9y ago
My holdings are much higher than that so it's a drop in the bucket either way at this point.
107.
by vocatus_gate 9y ago
I don't even know what krokodili IS so I'll take your word for it, ha ha
108.
by vocatus_gate 9y ago
If penny stocks are the cocaine of the finance world, bitcoin and related cryptocurrencies are like freebasing crack.
109.
by vocatus_gate 9y ago
Same here, I saved mine to show to my kids some day. "Hey look kids, your dad was summoned to a Japanese district court over the loss of 0.0001 bitcoin!"
110.
by vocatus_gate 9y ago
Unfortunately Monero is the only one doing it right: all transactions are enforced private by default. Dash and zcash offer confidential transactions as an opt-in feature, but so few people use them that it draws additional scrutiny when th
111.
by vocatus_gate 9y ago
He's not wrong, Monero is the only crypto (currently) enforcing fully private transactions by default. In a reddit thread about the AB bust someone pointed out that they weren't able to determine the amount of Monero he had, vs. l
112.
by vocatus_gate 9y ago
A fool and his money are soon parted.
113.
by vocatus_gate 9y ago
How??? I've never understood how people can have that many tabs open and it be useful at all. At that point the information overload is too much. I have at most 10 open, and close them as I'm done with them. Helps reduce cognitive
114.
by vocatus_gate 9y ago
What you said is essentially meaningless though. "I don't like a blockchain-based currency because the record of transactions is permanent." Well...yeah, that's the whole point of blockchains. The strength in Monero&#x27
115.
by vocatus_gate 9y ago
FYI the term is "brass tacks" not "brass tax"
116.
by vocatus_gate 9y ago
Monero is the ONLY cryptocurrency where full privacy is enforced by default. No mixers, no opt-in mode, no super-nodes, no tumblers, it's all obfuscated by default. I'm very bullish on Monero long-term.
117.
by vocatus_gate 9y ago
Maybe in normal markets. In the cracked out world of cryptocurrency it's just another day of trading.
118.
by vocatus_gate 9y ago
There are a multitude of websites. One of the most well-known and reputable US-based sites is coinbase.com
119.
by vocatus_gate 9y ago
Friend of mine is a model in NYC. She PM'd me last week asking about putting money into Ethereum. Now she's not stupid by any means, but she's pretty far from the demographic typically associated with cryptocurrencies. Was ki
120.
by vocatus_gate 9y ago
Network Engineer and GSAR (glacier search and rescue). I did an AMA down there that hit the front page of Reddit if you're interested in learning more about it: https://www.reddit.com/r/IAmA/comments/5656

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