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RE: Bitfinex is GONE - Bitcoin will RECOVER - I am buying more BITSHARES!

in #bitcoin8 years ago

Hey @fyrstikken, i remember reading about something happening with bts on 5th of November, I'm not sure if you know whats happening. If you do can you please explain it to me here. Thanks

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sure, if I hear something I will say something - but I expect good things to come out from Bitshares occasionally anyway, since they are developing on the platform. I think it is a safe bet in an unsafe world.

I was just talking about investing in bitshares on the chat today, I hope something good does come of it. Hey, any idea on Dan's plans for brownie holders?

Any chance Quatloo Trader will support Bitshares Exchange at some point?

👍nice post @fyrstikken, keep up ur work

My trading-community did not lose any Bitcoins
On Stakepool Radio & Teamspeak

How can someone, join such a trading community?

@pjheinz You can join us here: Stakepool Radio & Teamspeak - Free & Open Society for Investors & Traders since 2014

Thanks for getting back to me @fyrstikken. I will see you over there.

Decentralization is peddled almost to the point of absurdity.


Most individuals don't know how to secure their crypto funds well, or are unwilling to invest the time to do so.

So they may use insecure brain wallets, or insecurely store private keys.

Why exactly would outsourcing crypto-storage to an entity be somehow more insecure than insecurely storing it yourself?

Plus the stake are higher for third parties.

In fact, to achieve some balance on the matter, it'd be worth considering the amount of priv. key hacks that individuals suffer in a specific period of time vs. entities that manage the secure storage of groups of private keys.

I'm sure you'll find central entities suffer less hacks.

November 5th is the end of the merge payouts. There were going to be defferent chains dedicated to different task such as DNS, Voting and a couple more. At time it was thought to merge those projects into bts chain. In order to to do this, investors in those other chains were given a percentage of bts that vest over 2 years. Similiar to Steam Power, the last of those vezt payouts will occur on the 5th.

As someone who was around in BTS during the merger I am aware that the vesting payouts would all be completed by Nov 5th, but are you sure that DNS and Vote are splitting to a different chain? That part I have not heard.

The merger was to keep them from being seperate chains.

It should because you will not have this new daily supply added for people to sell.

Thanks for the info! i wonder if that will affect the price positivly