sage777

Full Member
14
Posts
652
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Oct 11, 2016
Joined
Recent posts
  • You’re partly right, bigger exchanges don’t get hit like smaller ones. It’s just whales playing with liquidity. Lower liquidity means easier liquidations at night, especially in the US.

  • Let’s not kid ourselves. These settlements have been happening for ages without real corrections from the SEC. However, it’s nice that they’re starting to realize shutting everyone out with crazy regulations is a losing…

  • I get the privacy concerns. I’ve verified myself on a few platforms, but I also worry about how my data will be handled.

  • True, but every country has different approaches to crypto regulations. Needs will vary based on their economic conditions.

  • Of course they flopped. A scheme promising crazy high returns was doomed to fail. Legally, they probably never had the licenses to even operate. Making that much profit sustainably? Yeah, right.

  • Seems like consensus is IEOs bring more liquidity. But legally? I don’t think they’re any safer. They’re still just like any old token sale.

  • I’m betting on a settlement between Kik and the SEC. Buying back all those tokens isn’t realistic considering how many were sold globally. And since Kik’s Canadian, I’m not sure how much the SEC can control them.

  • If global restrictions hit, it'll mess up Bitcoin’s core function. It's meant to help the unbanked, who often can’t pass KYC. FATF’s stance isn't new but good luck with enforcing it.

  • I can see both sides. In Europe, having a car isn’t always a necessity. Public transport is great here. I rent a car when I need one, but owning doesn’t suit my lifestyle.

  • So I moved back to my hometown after years in the big city, met some old friends. They asked where I bought my house, and I said I rent. Suddenly, I was the "rich guy" in their eyes. Then they asked about my car. Told…

  • Totally agree. This is more about the crime than Bitcoin itself. They seized funds because of illegal activities, not just because he held Bitcoin. Curious what they'll do with those coins though.

  • Paraguay makes sense with cheap hydro. But how come Oman and UAE are in there? Heat isn’t friendly to mining gear, right?

  • Yeah, a lot of African currencies are illiquid or controlled, which makes crypto prices way higher compared to other places. This kinda thing has happened with other currencies too, like INR and CNY. And for BTC, no…

  • I grew up in Eastern Europe. Back in the Soviet days, private property was a myth. The state owned everything. Food was rationed, housing was given in exchange for labor, and you could only sell produce at state-set…