TOP DEEP WEB news and Links of Darknet hidden services

PayPal Fraud and Carding Are More Popular Than Bitcoin On The Deep Web - Bitcoin Network, News, Charts, Guides & Analysis

PayPal Fraud and Carding Are More Popular Than Bitcoin On The Deep Web - Bitcoin Network, News, Charts, Guides & Analysis submitted by reminesjoseph to DeepDotWeb [link] [comments]

Start learning programming " Here is the best Platforms for you"

Step by step Help for you:
Platforms Node.js Frontend Development iOS Android IoT & Hybrid Apps Electron Cordova React Native Xamarin Linux ContainersOS X Command-Line ScreensaverswatchOS JVM Salesforce Amazon Web Services Windows IPFS Fuse HerokuProgramming Languages JavaScript Promises Standard Style Must Watch Talks Tips Network Layer Micro npm Packages Mad Science npm Packages Maintenance Modules - For npm packages npmAVA - Test runner ESLintSwift Education PlaygroundsPython Rust Haskell PureScript Go Scala Ruby EventsClojure ClojureScript Elixir Elm Erlang Julia Lua C C/C++ R D Common Lisp Perl Groovy Dart JavaRxJava Kotlin OCaml Coldfusion Fortran .NET PHP Delphi Assembler AutoHotkey AutoIt Crystal TypeScriptFront-end Development ES6 Tools Web Performance Optimization Web Tools CSS Critical-Path Tools Scalability Must-Watch Talks ProtipsReact RelayWeb Components Polymer Angular 2 Angular Backbone HTML5 SVG Canvas KnockoutJS Dojo Toolkit Inspiration Ember Android UI iOS UI Meteor BEM Flexbox Web Typography Web Accessibility Material Design D3 Emails jQuery TipsWeb Audio Offline-First Static Website Services A-Frame VR - Virtual reality Cycle.js Text Editing Motion UI Design Vue.js Marionette.js Aurelia Charting Ionic Framework 2 Chrome DevToolsBack-end Development Django Flask Docker Vagrant Pyramid Play1 Framework CakePHP Symfony EducationLaravel EducationRails GemsPhalcon Useful .htaccess Snippets nginx Dropwizard Kubernetes LumenComputer Science University Courses Data Science Machine Learning TutorialsSpeech and Natural Language Processing SpanishLinguistics Cryptography Computer Vision Deep Learning - Neural networks TensorFlowDeep Vision Open Source Society University Functional Programming Static Analysis & Code Quality Software-Defined NetworkingBig Data Big Data Public Datasets Hadoop Data Engineering StreamingTheory Papers We Love Talks Algorithms Algorithm Visualizations Artificial Intelligence Search Engine Optimization Competitive Programming MathBooks Free Programming Books Free Software Testing Books Go Books R Books Mind Expanding Books Book AuthoringEditors Sublime Text Vim Emacs Atom Visual Studio CodeGaming Game Development Game Talks Godot - Game engine Open Source Games Unity - Game engine Chess LÖVE - Game engine PICO-8 - Fantasy consoleDevelopment Environment Quick Look Plugins - OS X Dev Env Dotfiles Shell Command-Line Apps ZSH Plugins GitHub Browser Extensions Cheat SheetGit Cheat Sheet & Git Flow Git Tips Git Add-ons SSH FOSS for DevelopersEntertainment Podcasts Email NewslettersDatabases Database MySQL SQLAlchemy InfluxDB Neo4j Doctrine - PHP ORM MongoDBMedia Creative Commons Media Fonts Codeface - Text editor fonts Stock Resources GIF Music Open Source Documents Audio VisualizationLearn CLI Workshoppers - Interactive tutorials Learn to Program Speaking Tech Videos Dive into Machine Learning Computer HistorySecurity Application Security Security CTF - Capture The Flag Malware Analysis Android Security Hacking Honeypots Incident ResponseContent Management System Umbraco Refinery CMSMiscellaneous JSON Discounts for Student Developers Slack CommunitiesConferences GeoJSON Sysadmin Radio Awesome Analytics Open Companies REST Selenium Endangered Languages Continuous Delivery Services Engineering Free for Developers Bitcoin Answers - Stack Overflow, Quora, etc Sketch - OS X design app Places to Post Your Startup PCAPTools Remote Jobs Boilerplate Projects Readme Tools Styleguides Design and Development Guides Software Engineering Blogs Self Hosted FOSS Production Apps Gulp AMA - Ask Me Anything AnswersOpen Source Photography OpenGL Productivity GraphQL Transit Research Tools Niche Job Boards Data Visualization Social Media Share Links JSON Datasets Microservices Unicode Code Points Internet of Things Beginner-Friendly Projects Bluetooth Beacons Programming Interviews Ripple - Open source distributed settlement network Katas Tools for Activism TAP - Test Anything Protocol Robotics MQTT - "Internet of Things" connectivity protocol Hacking Spots For Girls Vorpal - Node.js CLI framework OKR Methodology - Goal setting & communication best practices Vulkan LaTeX - Typesetting language Network Analysis Economics - An economist's starter kit
Few more resources:
submitted by Programming-Help to Programming_Languages [link] [comments]

How to succesfully Invest and Basics

This was written for a different group /stocks it got deleted so hopefully this time it works !
Disclaimer
I dont want to sell you or recommend anything ! Just my expierence and little help so enjoy. If you want to ask me anything feel free, I try so answer everything.

This article is meant to be a small guide that helps you to find your way. Its based on my experience and knowledge, I gained throughout the years. Iam by far no professional. Iam just a guy who loves to invest. If you are new and have few grands to invest this article might help you.
My motivation to write this article was because when I turned 20 I got a small loan of 1 milli.... just few grands from my parents plus the savings I made from working. For me it was clear that I want to invest them. I always liked the idea making money and not really working for it! (Spoiler its kinda true and kinda not)
So I sum up few steps which will helped me to orientate and maybe help you to make your first investement
Step one 1. Where I can Invest?! You can basicly invest in everything. They are infinite options but I just cover up few topics.
They are 5 investments I would like to adress.
  1. Stocks.
    1. Real estate
    2. Options
    3. Start-ups
    4. Krypto n+1. art, old cars, drugs?! (Don’t do or sell drugs pls!)
Stocks (my fav.) I love stocks. I love understanding what the company’s plans are and where they are heading.
They are 3 different types of investment strategies.
  1. Short term (daily) That’s usually daily trading. That means you invest and sell on a daily basis. If your not a expert it can frustrating and the chances that you will lose is high. Many people forget that you have to pay taxes and fees so even if you for example invest 1.000 and sell for 1.050 within 20 min. You will have to pay some fees and taxes and with luck, you are where you started. It only makes sense when you invest a lot, otherwise it makes no sense and to be honest I don’t know any person which makes profit with it.
Difficulty: Hard
Stress Lvl: High
Risk: Medium/High
Profit: Usualy bad
Investement: Medium
  1. Mid term (6month – 1 year+) You buy some stocks for a longer period of time and hope it will go up soon.
This investment is much easier and less risky than short term. You see a stock going up and up so you invest 5k and hope you can ride a little on this upwards trend. Its fairly easy but you have to keep an eye on the market. A good example is VW it dropped because it has some Image problems. Thats a chance to invest! It will most likely to recover because its the biggest automarker in the world and it did. It happend 1000 times and normaly big companies dont fail they are exception but without risk you dont get anywhere
Difficulty: Medium
Stress: Medium
Risk: Medium
Profit: Good
Investment: Low
  1. Long term ( 1-2years – 10 years+) Means you want to invest for a long time you are not only interested in making a quick buck but making a slow and steady progress. You are not interested if the stock goes up or down but you are more interested how much divendend they pay. Usualy they go up very slowly but steady. A good example for this type of stock is Royal Dutch (shell) it has ist up and downs but compared to other stocks ist stable. The dividend is 6% which is insanly good no other big company will pay you that every year. You invest 10.000€ and get every year 600€ which means a holiday for free. Also the work is very little, you only have to check the stocks every few weeks/month You wont get rich but its better than having it in the bank.
Difficulty: Easy
Stress: Low
Risk: Low
Profit: Low
Investment: Low-Medium
Before you invest check the company read the news and get a good overview. I have to admit Iam a fanboy at heart. When a stock of one of my fav. company’s has potential and it does make sense to invest it feels like buying tickets for my favorite Rockband. You support and cheer them on and if they grow you grow with them. BUUUUUUT don’t get my wrong never buy stocks just because you like the company or they have a cool name.
All in all Stocks are a great Investment!
Real Estate
If you want to invest in houses it’s a very save and profitable investment but it depends on your area and country you are coming from. In Germany most objects are overpriced right now so it wouldnt make any sense to buy some. In generell the more money you have the better. They will will be much more people who can afford an cheap flat/condo than the other way around. So expensive objects are better! The optimum is always a shitty apartment in a very good area. Also buying objects in bad areas cause lots of trouble with tenant. Crazy families who refuse to pay, messy people etc. this can end in a stressful situation so beware of that.
If you are already rich af than buy propreties
Example
I went once to an auction and most apartments are sold for double the estimated value. It would take ages (20+ years) to get your investment back. So beware of your market situation.
Difficulty: Easy
Stress: Usualy low/medium
Risk: Low
Profit: Medium
Investment: High
Options
Options are basicly betting that a stock with go up or down. You can bet on nearly everything. You can make lot of money very quick and lose everything even quicker. For me option trading is gambling with few extra steps. The difference is you can lose more than you invest. They are cases where people invest 1000€ and lose -120.000€ because suddelny the market changed.
If you have gambling problems and tendency to gamble this is absolutly not for you. You can see here (in the forum) lots of bad examples where people going full YOLO on something and lose a ton of money. They save up a little, invest in something even more risky and lose again.
I know a friend who makes good money from it but he has a clear head and read many books about this topic he uses software to analyse the situation and everything and he admits that sometimes he doesnt understand what happend. Of course options are not the devils tool but I like to be the voice against it. The truth is in the middle.
Iam a person who likes to understand what am I doing. After reading and learning about it, for more than a year I was more confused than before. It is probably because Iam to stupid for it, so I gave it up and moved on. Options are not for me
Difficulty: very hard (at least for me)
Stress: high
Risk: low - very risky
Profit: It can be everything
Investment: low
  1. Start-ups
Start-ups are also a great business opportunity. I was lucky enough to invest once a little bit into a upcoming company from my firend. He showed me his company and the plans for the future. I already helped him with few shows and stuff so I knew how everything worked.
The biggest bullshit I ever saw are the analyse prediction of the future sales. During the last few years I saw few of them and they all predicted that the company will make an absurd amount of money. It looked like high cool project all shiny and with big numbers. To be honest I dont even know who pay these people to make such bullshit predictions, seriously.
(as you can see I love talking from my life so forgive me my dear)
Long story short I still invested because I understood their model. They existed and already made great progress. I made 50% profit in 3 years. I am still very happy and greatful to had such good chance to invest and would do it again.
They biggest question is how do I find such chances ?
Tell people you are intersted to invest maybe a friend of you will start an company and you can invest or help you to find such a opprtunity. I went to many start up meetings and talk about a lot with my friends. They dont want to hear it but I tell them anyway and if there is a chance they will call me.
Few Tipps:
- Look for already existing companys
- Most companys give you a very good inside look before you invest! If not watch out they hide something.
- Try to understand what they are doing and where they are heading
- Look what the will offer you for your money!
Difficulty: Medium/hard
Stress: Medium/low
Risk: Medium/High
Profit: Good/Very good
Investment: From Low to high
  1. Krypto
Boy oh boy where to start. I heard to many experts saying yeah krypto thats future boyyyyyy I invested everything BOYYYYYYY and in few month I will be rich BOIIIIII. I heard this story so often that Iam allgeric to it now. This irregulated mess based purly on speculations wasnt anything form me. I didnt invest a cent into it and had lots of chances when bitcoin was 300-500 €. It didnt simply fit into my portfolio. It had no function for me. You could pay for your drugs in the deep web and some hipster pizzerias accepted it but in generell it had no function. So investing into kryptos is just speclutions it has no real fundation what I like.
My friends who invested early made a ton of money but all the people on the Hypetrain crashed.
Difficulty: I dont know
Stress: Depends how much storys you make about it on Instagra´m
Risk: Over 9000
Profit: It can be everything from super high to low in just few days
Investment: What ever you want, if this is still to expensive for you, make your own coin and hope some Idiot buys it!
Now you know my knowledge ehh more like my opionen on few things now its time for……. Step. 2. Get a rough overview
Back than I didn’t know where to start so I asked everybody for advice like parents, friends , my parents friends, banks, forums, news etc. and got very different results.
Friends and family can be a good source of information how they did it. Of course often investments are impossible to repeat because they are 20 years ago but they can give some good advice. Its nice to hear few cool stories.
Example
Royal Dutch shell hast wo different stocks. One based in england (B) one Dutch version (A) (explained very simple, not 100% accurate). If you purchase Royal Dutch (A) you have to pay a 15% withholding tax that you wouldnt when you buy Royal Dutch (B).
Banks
Banks are terrible to ask. I always had shitty experience. The lured me into meetings, only to sell some shitty investment models from which they make some good money of me or some stupid insurence. They are not interested in your loses or profits they are interested to sell you the next stupid investement from which the make money. They never keep their promises and if you loose they will cheer you up and show their new hot investement and so on and so on until you loose and they drop you.
My mom works kind of in the finance sector and you wont believe home money older people lost ton of money because of this. I also found few very shady investements opportunities who would be illegal but I wont get into detail cause I dont have 100% proof for it and I also dont want to get in any trouble. As you can see Iam not big fan oft them and do not recommend!
News/charts/indexes/Forums
For me charts & news works the best. It’s easily so see what’s going on and gives you a great overview. The chart showed that a stock dropped 5%?! Good! Read the news/forums and find out what is going on! It’s that easy you don’t need 15 monitors and crazy software to understand what is happening. Dont make it to complicated! Have an easy overview about the market which you would like to invest.
Example
My parents invested around a year ago alot in Tesla. It was before Model 3 was released. Tesla had no expierence in mass production and it was clear (at least to me) that they wont have an easy start. They still made no profit and it was the first step to play with the big boys. Back than the Tesla stock was way over 300€ and it was based a lot on speculation and hype. It couldnt live up to they hype and dropped ≈ 30% - 35%.
  1. Few points & strategies
No Emotions
Never ever let your emotions guide you. Stocks are not based on a stomach feeling or any other emotion. Dont invest just because you like Elon Musk or Apple or anything. If I have a the chance to invest into one because the timing is right. Always make sure you know what you are doing. When it can wait a day, sleep a night about it and be sober! You can get sucked up into this world you will start giving a shit if you lose one grand and start digging deeper and deeper and lose sense the value of it. Stay sober and now when you have to stop.
Making losses
It will happend and dont freak out !
They are two options how to handle it and it depends on few things.
  1. Sell them, you see the ship is sinking and their no possibility you can save it than sell it, It hurts but better early than it is to late. Or you find a better possibility to invest for example a start up than its also fine.
  2. Keep it! Turning a Short/Mid-term investement into a long-term investement. Check first if the company will recover from it. For example the VW stocks dropped a lot due it scandal few years ago but it was clear that they will not go bankrupt so after a while they recover from it. Technically the market will grow infinite so after every crash they reach new heights, if you can wait that long the chances are high that you will make some profit and do not lose any money. Maybe the profit will be small but better than losing everything.
Diversity
Dont put all your eggs in one basket but also dont but every egg in a different basket. Have a good mix that you can still have an overview about your investment. Dont depend on one investment something bad can always happend. Having a good mix is important some investments will go up and few will go down. Its rearly that everything will crash (expect crises). So you can sell the good one and keep the bad ones until they go up.
Scams
Online
Stick to the basics! They are a ton of scammers online who want to show you a way to make fast money. Its mostly some MLM (multi level markting) aka Pryamide sheme, some buying and reselling some stuff from China or some weird option trading platform where pay in and your money is gone in 5 min without any trace o fit (no chance getting it back)! The Instagram advertisment is so ridiculous and I feel stupid mentioning it but hey if it wouldnt work they wouldnt exist. So please dont be this guy….
Offline
I really wanted to invest and have an own start-up. I met many people and visited countless seminars. Few of them offered me to invest but it was a mostly a mess. Onced I got fooled. A friend and I meet a person who had a start up for social media. We had some meetings restaurant he paid everything for us and looked very legit. I worked 3-4 month in this start up 3-4 hours a day, even on weekends for free. Only later to find out I was the only one working in it. (My friend pulled out very early cause he wanted to focus on his PhD) They rest oft he Team did absolute nothing! All the money the company generated was based on my work. They didnt make a lot of money but around 600-800€ a month. The founder spend all the money on vacation and stuff. I never got anything. They wanted to sell me 10% of the company for 15.000€. I always said I need more inside infos, which of course I never got. So I pulled out and they went mad and threaten me to sue me. I feel to this day ashamed that I trusted them and didnt saw it.
If you want get into something like this make a contract dont rely on handshakes people will tell you everything and wont keep it. I learned it the hard way
Be open minded
I met enough people who dont want to share with me their portfolio because they are scared that I will steal something from them. Its stupid! Talk to as many people als possible about your investment. Some amazing things can happend. I meet to many great people because of that and with some I share a 5+ years long friendship maybe we dont share the same ideas but I leanred a lot of it and sometimes I made some profit because of it! Be open !
Prediction & graphic lines
When I did my first Investment (it was gold) I read every morning every article about it I could for at least a solid year. Every monring 20 min Thats rouhly 120 hours. Thats time I will never get back. It was wasted time. The news/articels predicted everything. It was a rollercoaster. I believed it in the beginning because it was new to me. It really messed me up and I spend way to much time overthinking. Its fine to see a prediction but the more extreme it is the more it will never happend.
Also the trendlines are mostly worthless. I read so many people talking about the 50 day trendline or the 200 day trendline. It only idicates if a stock goes up or down but people interepte everything into it. “Oh yeah you can see the restience at 12.50 if it will drop below everbody will sell“. The next day it dropped and nothing happend. Dont believe everything in the internet. (lol)
Keep it simple
Dont make it to complicated you can have the best infos and charts and everything in the world and still lose everything. So dont make it to hard for yourself.
THE MOST IMPORTANT ADVICE
No depts
Dont take a credit just because you know a great investment. No matter how much you could earn DO NOT TAKE A CREDIT. This can not only ruin you financily but also your family and your whole life. This is no joke! Make no depts.
DO NOT MAKE FUCKING DEBTS!
My Strategy
It is a mixture of long term and mid-term stock investments. Its very easy I invested in:
Before I buy some
- Royal Dutch because of the high dividend
- Deutsche Bank when the hit nearly a all time low hoping to recover (still hoping ☹ )
- Lufthansa because they bought few airlines and hopefully will grow but its not (thanks Greta !)
- Tesla because they are low and made some good deals for the future. (update, sold it and made 30-35% in 6 weeks)
Am I rich or making a lot of money?! Hell no! But Iam making enough to pay for my holidays and few extras. I am patient enough to sit out bad times. I never sold anything with loose and I want to keep it that way. I like having a clean record.
Thanks for reading and feel free to ask my everything.
submitted by Ostblocktricker to howto [link] [comments]

Beginner’s Guide to BitMEX

Beginner’s Guide to BitMEX

https://preview.redd.it/fl5e0q7i3cc41.jpg?width=1024&format=pjpg&auto=webp&s=445485d722839a9adc1ae13db4c965b0ae3e67b7
Founded by HDR Global Trading Limited (which in turn was founded by former bankers Arthur Hayes, Samuel Reed and Ben Delo) in 2014, BitMEX is a trading platform operating around the world and registered in the Seychelles.
Meaning Bitcoin Mercantile Exchange, BitMEX is one of the largest Bitcoin trading platforms currently operating, with a daily trading volume of over 35,000 BTC and over 540,000 accesses monthly and a trading history of over $34 billion worth of Bitcoin since its inception.

https://preview.redd.it/coenpm4k3cc41.jpg?width=808&format=pjpg&auto=webp&s=8832dcafa5bd615b511bbeb6118ef43d73ed785e
Unlike many other trading exchanges, BitMEX only accepts deposits through Bitcoin, which can then be used to purchase a variety of other cryptocurrencies. BitMEX specialises in sophisticated financial operations such as margin trading, which is trading with leverage. Like many of the exchanges that operate through cryptocurrencies, BitMEX is currently unregulated in any jurisdiction.
Visit BitMEX

How to Sign Up to BitMEX

In order to create an account on BitMEX, users first have to register with the website. Registration only requires an email address, the email address must be a genuine address as users will receive an email to confirm registration in order to verify the account. Once users are registered, there are no trading limits. Traders must be at least 18 years of age to sign up.
https://preview.redd.it/0v13qoil3cc41.jpg?width=808&format=pjpg&auto=webp&s=e6134bc089c4e352dce10d754dc84ff11a4c7994
However, it should be noted that BitMEX does not accept any US-based traders and will use IP checks to verify that users are not in the US. While some US users have bypassed this with the use of a VPN, it is not recommended that US individuals sign up to the BitMEX service, especially given the fact that alternative exchanges are available to service US customers that function within the US legal framework.
How to Use BitMEX
BitMEX allows users to trade cryptocurrencies against a number of fiat currencies, namely the US Dollar, the Japanese Yen and the Chinese Yuan. BitMEX allows users to trade a number of different cryptocurrencies, namely Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero, Ripple, Tezos and Zcash.
The trading platform on BitMEX is very intuitive and easy to use for those familiar with similar markets. However, it is not for the beginner. The interface does look a little dated when compared to newer exchanges like Binance and Kucoin’s.
Once users have signed up to the platform, they should click on Trade, and all the trading instruments will be displayed beneath.
Clicking on the particular instrument opens the orderbook, recent trades, and the order slip on the left. The order book shows three columns – the bid value for the underlying asset, the quantity of the order, and the total USD value of all orders, both short and long.
The widgets on the trading platform can be changed according to the user’s viewing preferences, allowing users to have full control on what is displayed. It also has a built in feature that provides for TradingView charting. This offers a wide range of charting tool and is considered to be an improvement on many of the offering available from many of its competitors.
https://preview.redd.it/fabg1nxo3cc41.jpg?width=808&format=pjpg&auto=webp&s=6d939889c3eac15ab1e78ec37a8ccd13fc5e0573
Once trades are made, all orders can be easily viewed in the trading platform interface. There are tabs where users can select their Active Orders, see the Stops that are in place, check the Orders Filled (total or partially) and the trade history. On the Active Orders and Stops tabs, traders can cancel any order, by clicking the “Cancel” button. Users also see all currently open positions, with an analysis if it is in the black or red.
BitMEX uses a method called auto-deleveraging which BitMEX uses to ensure that liquidated positions are able to be closed even in a volatile market. Auto-deleveraging means that if a position bankrupts without available liquidity, the positive side of the position deleverages, in order of profitability and leverage, the highest leveraged position first in queue. Traders are always shown where they sit in the auto-deleveraging queue, if such is needed.
Although the BitMEX platform is optimized for mobile, it only has an Android app (which is not official). There is no iOS app available at present. However, it is recommended that users use it on the desktop if possible.
BitMEX offers a variety of order types for users:
  • Limit Order (the order is fulfilled if the given price is achieved);
  • Market Order (the order is executed at current market price);
  • Stop Limit Order (like a stop order, but allows users to set the price of the Order once the Stop Price is triggered);
  • Stop Market Order (this is a stop order that does not enter the order book, remain unseen until the market reaches the trigger);
  • Trailing Stop Order (it is similar to a Stop Market order, but here users set a trailing value that is used to place the market order);
  • Take Profit Limit Order (this can be used, similarly to a Stop Order, to set a target price on a position. In this case, it is in respect of making gains, rather than cutting losses);
  • Take Profit Market Order (same as the previous type, but in this case, the order triggered will be a market order, and not a limit one)
The exchange offers margin trading in all of the cryptocurrencies displayed on the website. It also offers to trade with futures and derivatives – swaps.

Futures and Swaps

A futures contract is an agreement to buy or sell a given asset in the future at a predetermined price. On BitMEX, users can leverage up to 100x on certain contracts.
Perpetual swaps are similar to futures, except that there is no expiry date for them and no settlement. Additionally, they trade close to the underlying reference Index Price, unlike futures, which may diverge substantially from the Index Price.
BitMEX also offers Binary series contracts, which are prediction-based contracts which can only settle at either 0 or 100. In essence, the Binary series contracts are a more complicated way of making a bet on a given event.
The only Binary series betting instrument currently available is related to the next 1mb block on the Bitcoin blockchain. Binary series contracts are traded with no leverage, a 0% maker fee, a 0.25% taker fee and 0.25% settlement fee.

Bitmex Leverage

BitMEX allows its traders to leverage their position on the platform. Leverage is the ability to place orders that are bigger than the users’ existing balance. This could lead to a higher profit in comparison when placing an order with only the wallet balance. Trading in such conditions is called “Margin Trading.”
There are two types of Margin Trading: Isolated and Cross-Margin. The former allows the user to select the amount of money in their wallet that should be used to hold their position after an order is placed. However, the latter provides that all of the money in the users’ wallet can be used to hold their position, and therefore should be treated with extreme caution.
https://preview.redd.it/eg4qk9qr3cc41.jpg?width=808&format=pjpg&auto=webp&s=c3ca8cdf654330ce53e8138d774e72155acf0e7e
The BitMEX platform allows users to set their leverage level by using the leverage slider. A maximum leverage of 1:100 is available (on Bitcoin and Bitcoin Cash). This is quite a high level of leverage for cryptocurrencies, with the average offered by other exchanges rarely exceeding 1:20.

BitMEX Fees

For traditional futures trading, BitMEX has a straightforward fee schedule. As noted, in terms of leverage offered, BitMEX offers up to 100% leverage, with the amount off leverage varying from product to product.
However, it should be noted that trading at the highest leverages is sophisticated and is intended for professional investors that are familiar with speculative trading. The fees and leverage are as follows:
https://preview.redd.it/wvhiepht3cc41.jpg?width=730&format=pjpg&auto=webp&s=0617eb894c13d3870211a01d51af98561907cb99

https://preview.redd.it/qhi8izcu3cc41.jpg?width=730&format=pjpg&auto=webp&s=09da4efe1de4214b0b5b9c7501aba5320e846b4c
However, there are additional fees for hidden / iceberg orders. A hidden order pays the taker fee until the entire hidden quantity is completely executed. Then, the order will become normal, and the user will receive the maker rebate for the non-hidden amount.

Deposits and Withdrawals

BitMEX does not charge fees on deposits or withdrawals. However, when withdrawing Bitcoin, the minimum Network fee is based on blockchain load. The only costs therefore are those of the banks or the cryptocurrency networks.
As noted previously, BitMEX only accepts deposits in Bitcoin and therefore Bitcoin serves as collateral on trading contracts, regardless of whether or not the trade involves Bitcoin.
The minimum deposit is 0.001 BTC. There are no limits on withdrawals, but withdrawals can also be in Bitcoin only. To make a withdrawal, all that users need to do is insert the amount to withdraw and the wallet address to complete the transfer.
https://preview.redd.it/xj1kbuew3cc41.jpg?width=808&format=pjpg&auto=webp&s=68056f2247001c63e89c880cfbb75b2f3616e8fe
Deposits can be made 24/7 but withdrawals are processed by hand at a recurring time once per day. The hand processed withdrawals are intended to increase the security levels of users’ funds by providing extra time (and email notice) to cancel any fraudulent withdrawal requests, as well as bypassing the use of automated systems & hot wallets which may be more prone to compromise.

Supported Currencies

BitMEX operates as a crypto to crypto exchange and makes use of a Bitcoin-in/Bitcoin-out structure. Therefore, platform users are currently unable to use fiat currencies for any payments or transfers, however, a plus side of this is that there are no limits for trading and the exchange incorporates trading pairs linked to the US Dollar (XBT), Japanese Yen (XBJ), and Chinese Yuan (XBC).
BitMEX supports the following cryptocurrencies:
  • Bitcoin (XBT)
  • Bitcoin Cash (BCH)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Litecoin (LTC)
  • Ripple Token (XRP)
  • Monero (XMR)
  • Dash (DASH)
  • Zcash (ZEC)
  • Cardano (ADA)
  • Tron (TRX)
  • EOS Token (EOS)
BitMEX also offers leverage options on the following coins:
  • 5x: Zcash (ZEC)
  • 20x : Ripple (XRP),Bitcoin Cash (BCH), Cardano (ADA), EOS Token (EOS), Tron (TRX)
  • 25x: Monero (XMR)
  • 33x: Litecoin (LTC)
  • 50x: Ethereum (ETH)
  • 100x: Bitcoin (XBT), Bitcoin / Yen (XBJ), Bitcoin / Yuan (XBC)

Trading Technologies International Partnership

HDR Global Trading, the company which owns BitMEX, has recently announced a partnership with Trading Technologies International, Inc. (TT), a leading international high-performance trading software provider.
The TT platform is designed specifically for professional traders, brokers, and market-access providers, and incorporates a wide variety of trading tools and analytical indicators that allow even the most advanced traders to customize the software to suit their unique trading styles. The TT platform also provides traders with global market access and trade execution through its privately managed infrastructure and the partnership will see BitMEX users gaining access to the trading tools on all BitMEX products, including the popular XBT/USD Perpetual Swap pairing.
https://preview.redd.it/qcqunaby3cc41.png?width=672&format=png&auto=webp&s=b77b45ac2b44a9af30a4985e3d9dbafc9bbdb77c

The BitMEX Insurance Fund

The ability to trade on leverage is one of the exchange’s main selling points and offering leverage and providing the opportunity for traders to trade against each other may result in a situation where the winners do not receive all of their expected profits. As a result of the amounts of leverage involved, it’s possible that the losers may not have enough margin in their positions to pay the winners.
Traditional exchanges like the Chicago Mercantile Exchange (CME) offset this problem by utilizing multiple layers of protection and cryptocurrency trading platforms offering leverage cannot currently match the levels of protection provided to winning traders.
In addition, cryptocurrency exchanges offering leveraged trades propose a capped downside and unlimited upside on a highly volatile asset with the caveat being that on occasion, there may not be enough funds in the system to pay out the winners.
To help solve this problem, BitMEX has developed an insurance fund system, and when a trader has an open leveraged position, their position is forcefully closed or liquidated when their maintenance margin is too low.
Here, a trader’s profit and loss does not reflect the actual price their position was closed on the market, and with BitMEX when a trader is liquidated, their equity associated with the position drops down to zero.
In the following example, the trader has taken a 100x long position. In the event that the mark price of Bitcoin falls to $3,980 (by 0.5%), then the position gets liquidated with the 100 Bitcoin position needing to be sold on the market.
This means that it does not matter what price this trade executes at, namely if it’s $3,995 or $3,000, as from the view of the liquidated trader, regardless of the price, they lose all the equity they had in their position, and lose the entire one Bitcoin.
https://preview.redd.it/wel3rka04cc41.png?width=669&format=png&auto=webp&s=3f93dac2d3b40aa842d281384113d2e26f25947e
Assuming there is a fully liquid market, the bid/ask spread should be tighter than the maintenance margin. Here, liquidations manifest as contributions to the insurance fund (e.g. if the maintenance margin is 50bps, but the market is 1bp wide), and the insurance fund should rise by close to the same amount as the maintenance margin when a position is liquidated. In this scenario, as long as healthy liquid markets persist, the insurance fund should continue its steady growth.
The following graphs further illustrate the example, and in the first chart, market conditions are healthy with a narrow bid/ask spread (just $2) at the time of liquidation. Here, the closing trade occurs at a higher price than the bankruptcy price (the price where the margin balance is zero) and the insurance fund benefits.
Illustrative example of an insurance contribution – Long 100x with 1 BTC collateral
https://preview.redd.it/is89ep924cc41.png?width=699&format=png&auto=webp&s=f0419c68fe88703e594c121b5b742c963c7e2229
(Note: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments.
The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,978, representing $1 of slippage compared to the $3,979 bid price at the time of liquidation.)
The second chart shows a wide bid/ask spread at the time of liquidation, here, the closing trade takes place at a lower price than the bankruptcy price, and the insurance fund is used to make sure that winning traders receive their expected profits.
This works to stabilize the potential for returns as there is no guarantee that healthy market conditions can continue, especially during periods of heightened price volatility. During these periods, it’s actually possible that the insurance fund can be used up than it is built up.
Illustrative example of an insurance depletion – Long 100x with 1 BTC collateral
https://preview.redd.it/vb4mj3n54cc41.png?width=707&format=png&auto=webp&s=0c63b7c99ae1c114d8e3b947fb490e9144dfe61b
(Notes: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments.
The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,800, representing $20 of slippage compared to the $3,820 bid price at the time of liquidation.)
The exchange declared in February 2019, that the BitMEX insurance fund retained close to 21,000 Bitcoin (around $70 million based on Bitcoin spot prices at the time).
This figure represents just 0.007% of BitMEX’s notional annual trading volume, which has been quoted as being approximately $1 trillion. This is higher than the insurance funds as a proportion of trading volume of the CME, and therefore, winning traders on BitMEX are exposed to much larger risks than CME traders as:
  • BitMEX does not have clearing members with large balance sheets and traders are directly exposed to each other.
  • BitMEX does not demand payments from traders with negative account balances.
  • The underlying instruments on BitMEX are more volatile than the more traditional instruments available on CME.
Therefore, with the insurance fund remaining capitalized, the system effectively with participants who get liquidated paying for liquidations, or a losers pay for losers mechanism.
This system may appear controversial as first, though some may argue that there is a degree of uniformity to it. It’s also worth noting that the exchange also makes use of Auto Deleveraging which means that on occasion, leveraged positions in profit can still be reduced during certain time periods if a liquidated order cannot be executed in the market.
More adventurous traders should note that while the insurance fund holds 21,000 Bitcoin, worth approximately 0.1% of the total Bitcoin supply, BitMEX still doesn’t offer the same level of guarantees to winning traders that are provided by more traditional leveraged trading platforms.
Given the inherent volatility of the cryptocurrency market, there remains some possibility that the fund gets drained down to zero despite its current size. This may result in more successful traders lacking confidence in the platform and choosing to limit their exposure in the event of BitMEX being unable to compensate winning traders.

How suitable is BitMEX for Beginners?

BitMEX generates high Bitcoin trading levels, and also attracts good levels of volume across other crypto-to-crypto transfers. This helps to maintain a buzz around the exchange, and BitMEX also employs relatively low trading fees, and is available round the world (except to US inhabitants).
This helps to attract the attention of people new to the process of trading on leverage and when getting started on the platform there are 5 main navigation Tabs to get used to:
  • **Trade:**The trading dashboard of BitMEX. This tab allows you to select your preferred trading instrument, and choose leverage, as well as place and cancel orders. You can also see your position information and view key information in the contract details.
  • **Account:**Here, all your account information is displayed including available Bitcoin margin balances, deposits and withdrawals, and trade history.
  • **Contracts:**This tab covers further instrument information including funding history, contract sizes; leverage offered expiry, underlying reference Price Index data, and other key features.
  • **References:**This resource centre allows you to learn about futures, perpetual contracts, position marking, and liquidation.
  • **API:**From here you can set up an API connection with BitMEX, and utilize the REST API and WebSocket API.
BitMEX also employs 24/7 customer support and the team can also be contacted on their Twitter and Reddit accounts.
In addition, BitMEX provides a variety of educational resources including an FAQ section, Futures guides, Perpetual Contracts guides, and further resources in the “References” account tab.
For users looking for more in depth analysis, the BitMEX blog produces high level descriptions of a number of subjects and has garnered a good reputation among the cryptocurrency community.
Most importantly, the exchange also maintains a testnet platform, built on top of testnet Bitcoin, which allows anyone to try out programs and strategies before moving on to the live exchange.
This is crucial as despite the wealth of resources available, BitMEX is not really suitable for beginners, and margin trading, futures contracts and swaps are best left to experienced, professional or institutional traders.
Margin trading and choosing to engage in leveraged activity are risky processes and even more advanced traders can describe the process as a high risk and high reward “game”. New entrants to the sector should spend a considerable amount of time learning about margin trading and testing out strategies before considering whether to open a live account.

Is BitMEX Safe?

BitMEX is widely considered to have strong levels of security. The platform uses multi-signature deposits and withdrawal schemes which can only be used by BitMEX partners. BitMEX also utilises Amazon Web Services to protect the servers with text messages and two-factor authentication, as well as hardware tokens.
BitMEX also has a system for risk checks, which requires that the sum of all account holdings on the website must be zero. If it’s not, all trading is immediately halted. As noted previously, withdrawals are all individually hand-checked by employees, and private keys are never stored in the cloud. Deposit addresses are externally verified to make sure that they contain matching keys. If they do not, there is an immediate system shutdown.
https://preview.redd.it/t04qs3484cc41.jpg?width=808&format=pjpg&auto=webp&s=a3b106cbc9116713dcdd5e908c00b555fd704ee6
In addition, the BitMEX trading platform is written in kdb+, a database and toolset popular amongst major banks in high frequency trading applications. The BitMEX engine appears to be faster and more reliable than some of its competitors, such as Poloniex and Bittrex.
They have email notifications, and PGP encryption is used for all communication.
The exchange hasn’t been hacked in the past.

How Secure is the platform?

As previously mentioned, BitMEX is considered to be a safe exchange and incorporates a number of security protocols that are becoming standard among the sector’s leading exchanges. In addition to making use of Amazon Web Services’ cloud security, all the exchange’s systems can only be accessed after passing through multiple forms of authentication, and individual systems are only able to communicate with each other across approved and monitored channels.
Communication is also further secured as the exchange provides optional PGP encryption for all automated emails, and users can insert their PGP public key into the form inside their accounts.
Once set up, BitMEX will encrypt and sign all the automated emails sent by you or to your account by the [[email protected]](mailto:[email protected]) email address. Users can also initiate secure conversations with the support team by using the email address and public key on the Technical Contact, and the team have made their automated system’s PGP key available for verification in their Security Section.
The platform’s trading engine is written in kdb+, a database and toolset used by leading financial institutions in high-frequency trading applications, and the speed and reliability of the engine is also used to perform a full risk check after every order placement, trade, settlement, deposit, and withdrawal.
All accounts in the system must consistently sum to zero, and if this does not happen then trading on the platform is immediately halted for all users.
With regards to wallet security, BitMEX makes use of a multisignature deposit and withdrawal scheme, and all exchange addresses are multisignature by default with all storage being kept offline. Private keys are not stored on any cloud servers and deep cold storage is used for the majority of funds.
Furthermore, all deposit addresses sent by the BitMEX system are verified by an external service that works to ensure that they contain the keys controlled by the founders, and in the event that the public keys differ, the system is immediately shut down and trading halted. The exchange’s security practices also see that every withdrawal is audited by hand by a minimum of two employees before being sent out.

BitMEX Customer Support

The trading platform has a 24/7 support on multiple channels, including email, ticket systems and social media. The typical response time from the customer support team is about one hour, and feedback on the customer support generally suggest that the customer service responses are helpful and are not restricted to automated responses.
https://preview.redd.it/8k81zl0a4cc41.jpg?width=808&format=pjpg&auto=webp&s=e30e5b7ca93d2931f49e2dc84025f2fda386eab1
The BitMEX also offers a knowledge base and FAQs which, although they are not necessarily always helpful, may assist and direct users towards the necessary channels to obtain assistance.
BitMEX also offers trading guides which can be accessed here

Conclusion

There would appear to be few complaints online about BitMEX, with most issues relating to technical matters or about the complexities of using the website. Older complaints also appeared to include issues relating to low liquidity, but this no longer appears to be an issue.
BitMEX is clearly not a platform that is not intended for the amateur investor. The interface is complex and therefore it can be very difficult for users to get used to the platform and to even navigate the website.
However, the platform does provide a wide range of tools and once users have experience of the platform they will appreciate the wide range of information that the platform provides.
Visit BitMEX
submitted by bitmex_register to u/bitmex_register [link] [comments]

Chat_Report_Username_List.1

(In order of first message) (Spoiler means possibly NSFW)
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
JDllama (Chat_Report.1)
First message: I know. But not everyone understands that shit. You're gonna have to tell your kids and friends about your past, too)
Last message: I have no idea how many times I've told them about it
Message count: 3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
jrbudda (Chat_Report.1)
First Message: it is just fucking depressing
Last Message: shit
Message count: 3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
lisa11 (No Messages) (Chat_Report.1)
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
amandaz/amandaz_nun (No Messages) (Chat_Report.1)
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WolfOfShadows525
First message: Kill the motherfucker. (Chat_Report.2)
Last message: This is why we can't be friends anymore. (Chat_Report.4)
Message count: 4
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SimsMaster
First message: Ok. (Chat_Report.2)
Last message: I will have to go now. (Chat_Report.4)
Message count: 6
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NYSTLSportsFan (Chat_Report.2)
First message: Ok.
Last message: It's called a motherfucker.
Message count: 7
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IndeedHeIs (Chat_Report.3)
First message: I WANNA KNOW WHAT LOVE IS
Last message: I want to be loved
Message count: 4
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Ouisha (Chat_Report.3)
Only message: sims, this is what love is to me
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
sims_mio (Chat_Report.3)
Only message: (c) [RACHAEL RICHARDSON](c)
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TheSneakySnake (Chat_Report.4)
First message: I'll make the next batch of cookies
Last message: For you, of course.
Message count: 2
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Furry Inc.
First message: UwU (Chat_Report.5)
Last message: I will be your bitch (Chat_Report.34)
Message count: 21
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Im14AndThisIsDeep
First message: I found some weird shit on the dark web today. https://www.reddit.com/TheBluePill/comments/5s9yhn/the_dark_web_was_hacked_and_some_doxxed/ (Chat_Report.6)
Last message: What song is this? (Chat_Report.34)
Message count: 20
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
newageLyricist (Chat_Report.6)
Only message: https://www.youtube.com/watch?v=h2Kw2wL9XkY
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
centralpole
First message: wow (Chat_Report.6)
Last message: maybe it won't (Chat_Report.24)
Message count: 6
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
swiftpantha (Chat_Report.6)
Only message: oh that's cool
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
yahar (Chat_Report.6)
First message: haha
Last message: http://www.reddit.com/TheBluePill/comments/5s9z9o/hacked_by
Message count: 2
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PiratePiratesPirates (Chat_Report.7)
First message: Yeah, I found some neat stuff on it.
Last message: "Oh, you should talk to this girl, you are a great guy!"
Message count: 3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SexyButNotThatSexy (Chat_Report.8)
First message: Some guy wanted to fuck me earlier.
Last message: @Im14AndThisIsDeep #5529 What? What do you mean by "breasts?"
Message count: 2
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WifiWouldFuckIt
First message: Hello. (Chat_Report.9)
Last message: Let's see you tomorrow. (Chat_Report.25>1 - XL)
Message count: 33
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IHateYou
First message: Wifi'd fuck it. (Chat_Report.9)
Last message: But I'm still more than open to it. (Chat_Report.36)
Message count: 679
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Egibthegreat
First message: Wifi would fuck it? (Chat_Report.9)
Last message: If you do want to talk to me about this, I am more than happy to be contacted (Chat_Report.11)
Message count: 10
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LightenTheFuckUp
First message: My friend died yesterday. :( (Chat_Report.12)
Last message: ikr (Chat_Report.25>1 - XL)
Message count: 9
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DarkMio
First message: and I'm a total dickface about it, as is everybody else in this channel. (Chat_Report.12)
Last message: It's like Cats. (Chat_Report.18)
Message count: 9
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Lily_Miller
First message: Well, it's sad and a tragedy. If it's a joke then it's funny (Chat_Report.12)
Last message: Have fun. (Chat_Report.25>1 - XL)
Message count: 4
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UsernameBusters
First message: Aha! Lighten the fuck up! (Chat_Report.13)
Last message: Well, I hope you enjoyed your stay in here. (Chat_Report.25>1 - XL)
Message count: 35
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Michael (Chat_Report.14)
First message: Go to bed.
Last message: I'm going to fuck your mom?
Message count: 6
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Devin (Chat_Report.14)
First message: You first, motherfucker.
Last message: The plan is to fuck your mom in her sleep.
Message count: 5
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
StoryButButNot (Chat_Report.15)
First message: Let's start a story!
Last message: Is this story something to be proud of?
Message count: 5
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FabbriDidNothingWrong
First message: Hello. (Chat_Report.16)
Last Message: Sup boi (Chat_Report.23)
Message count: 6
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TyroneMorgenson (Chat_Report.18)
First message: Is there a subreddit that has good quality art?
Last message: Can you link me?
Message count: 2
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BenDoverXD
First message: I just got in the car (Chat_Report.19)
Last message: Don't be! Ben Dover at your service! (Chat_Report.21)
Message count: 4
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Sylpharillion
First message: Hello, IHateYou! (Chat_Report.22)
Last message: I'm going to assume he's been murdered (Chat_Report.25>1 - XL)
Message count: 24
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Draynar|Work (Chat_Report.23)
First message: I love the idea of the first guy in the game to get it is a woman, but she's a man, he takes a swing at her and it's an unprovoked rape lol
Last message: I don't need a lot of money, just to make a place for you to live.
Message count: 18
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Kennythehitman
First message: You can always be a woman later in life? Like when I become an old lady? (Chat_Report.23)
Last message: It's a pic of me in a hat (Chat_Report.25>2 - XL)
Message count: 16
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
timg (Chat_Report.24)
Only message: https://www.imdb.com/title/tt1667261/
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Doomaholic (Chat_Report.24)
First message: http://www.imdb.com/title/tt0112078/
Last message: http://www.imdb.com/title/tt0389057/
Message count: 3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Poomph (Chat_Report.24)
Only message: http://www.imdb.com/title/tt0383045/
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Ajarm
First message: lol (Chat_Report.24)
Last message: I think the most realistic option would be to have a simple proof of stake system where it is a matter of time until you have a majority, but I don't think it is a realistic way to go for something like Bitcoin (Chat_Report.31)
Message count: 260
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
jason_steakums
First message: I'm not sure who that girl is, but I don't think I'm compatible (Chat_Report.24)
Last message: I'm still curious about the other idea of a "new version" of the repo (I don't really see a problem with that idea) that could be used as a backup or something. (Chat_Report.27)
Message count: 7
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
miyako (Chat_Report.24)
First message: It seems you're the first girl to talk to him
Last message: It looks like you have something to say
Message count: 2
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
newbieonfire (Chat_Report.24)
First message: so...
Last message: why are we making this secret? what is wrong with sharing information?
Message count: 10
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RaccoonBite (Chat_Report.24)
First message: ^
Last message: That would be cool
Message count: 5
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
emmaw
First message: you dont have to tell me (Chat_Report.24)
Last message: oh well, sorry, i thought i was good at it :P (Chat_Report.31)
Message count: 38
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Jcic
First message: yeah you're right that it's kind of silly for me to be looking at it (Chat_Report.24)
Last Message: yes, and I can say that she just seemed so interested in the guy that she wouldn't mind if he was watching (Chat_Report.25>2 - XL)
Message count: 17
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Mittens_
First message: you mean when we all talk about the "bible" (Chat_Report.24)
Last message: I'm all for it (Chat_Report.28)
Message count: 123
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Sydakk
First message: what are you guys doing? (Chat_Report.24)
Last message: the internet is a bitch. (Chat_Report.25>2 - XL)
Message count: 5
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DartFeld (Chat_Report.25>1 - XL)
Only message: Yeah, everyone enjoyed our chat too
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
YaGottaStayFres (Chat_Report.25>1 - XL)
First message: so there's a bunch of people in here thinking im a retard and thats ok because i hate it when i make a mistake
Last message: im just explaining that i was drunk and stupid
Message count: 3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Hak (Chat_Report.25>1 - XL)
First message: That's a great idea Hak
Last message: you get to make it then
Message count: 5
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Mitsurin (Chat_Report.25>1 - XL)
First message: I hope I'm not making that pun
Last message: so... you're on fire?
Message count: 3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Morpork (Chat_Report.25>1 - XL)
First message: We don't really have any answers to this question, either. Maybe it's all a matter of perception. Some people see us as a "gang", others see us as friends. Maybe it's a simple case of "what you see is what you get".
Last message: If someone has a better way to describe it, let me know!
Message count: 58
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Hedonist2 (Chat_Report.25>1 - XL)
First message: Thank you. I'll try to finish up, but I can't seem to keep up with you all.
Last message: Why should it be open?
Message count: 12
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Drew_gimel (Chat_Report.25>1 - XL)
First message: I was thinking the same thing
Last message: I was going to say a quick "What if the game crashes" or something like that
Message count: 2
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Drew_gibel (Chat_Report.25>1 - XL)
First message: Huh.
Last message: I'll have to stop here.
Message count: 2
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
eat1337 (Chat_Report.25>1 - XL)
First message: But yeah. If you were a guy who was an active member of the SRD circlejerk, it's probably not the best idea to link to that.
Last message: So we can talk about it
Message count: 4
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RaphK
First message: Sylpharillion: the reason people should feel comfortable talking to you is because you're a cisgender woman (Chat_Report.25>1 - XL)
Last message: I'm not even going to try to keep you here. (Chat_Report.32)
Message count: 6
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DamionSchubert (Chat_Report.25>1 - XL)
First message: Sylpharillion: not your intentions, but my own
Last message: No, I'm just a writer.
Message count: 84
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Aurora^ (Chat_Report.25>1 - XL)
First message: You are the engineer
Last message: (Not that I'm not interested in any of this, just that you guys don't seem very interested in having a conversation about games, at least at the moment)
Message count: 74
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Iguana13 (Chat_Report.25>1 - XL)
First message: Aurora^: what about them?
Last message: They're not really games, either.
Message count: 3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
XavierMendel (Chat_Report.25>1 - XL)
First message: Games are generally considered in games.
Last message: I understand. That's just the way it is, I guess
Message count: 11
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Yoreth
First message: but that would be a lie (Chat_Report.25>1 - XL)
Last message: It doesn't require looking at base class names. It takes a route (Chat_Report.36)
Message count: 43
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Zoloft (Chat_Report.25>2 - XL)
First message: you mean you were trying to find out what they were?
Last message: what about the research? are you doing any research on it?
Message count: 3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Vorpas_Jabwak
First message: what are you doing to help us understand it? (Chat_Report.25>2_XL)
Last message: thank you for the support, and for helping me develop the project (Chat_Report.33)
Message count: 38
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Ketonom (Chat_Report.25>2 - XL)
Only message: You know, the donations are very helpful. I just thought that it might be good to keep track of who donated what.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
JakOfMar (Chat_Report.25>2 - XL)
First message: Vorpas_Jabwak, I can try to get someone to check if this was indeed you that made the donation?
Last message: *takes off*
Message count: 10
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Moltar (Chat_Report.25>2 - XL)
First message: If you do have the software I'd love to hear some feedback. I have a lot of questions for it.
Last message: Sorry if I didn't keep up with you guys.
Message count: 4
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Turoth (Chat_Report.25>2 - XL)
First message: Sup everyone?
Last message: sup
Message count: 2
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KhaosReigns (Chat_Report.25>2 - XL)
First message: I'm out
Last message: Thanks.
Message count: 23
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Ewok_ (Chat_Report.25>2 - XL)
First message: night
Last message: yeah we know how the night went, we just dont know if she was really asleep when the phone rang
Message count: 8
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Nebster173 (Chat_Report.25>2 - XL)
First message: Have a good night.Last message: that's all i got
Message count: 13
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Wesandeac (Chat_Report.25>2 - XL)
Only message: yeah it's a real bummer that it was a false alarm
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
jalockk (Chat_Report.25>2 - XL)
First message: but if that's your only point she can't really say something else...
Last message: what do you mean?
Message count: 7
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
miesian (Chat_Report.25>2 - XL)
Only message: we don't like the idea of them being taken out because they are not the ones we really are against
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Schnibri (Chat_Report.25>2 - XL)
First message: I love how it seems like the more they try to keep it secret, the more they are forced to keep it open
Last message: well that could mean some kind of delay
Message count: 3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
chicompe_ (Chat_Report.25>2 - XL)
First message: Ok, I'm gonna leave this here: http://en.wikipedia.org/wiki/Woot_com
Last message: the problem, in my experience, is that it's hard for people to really figure out what you're talking about. I would assume that with a lot of the work that's going on there are some people who are really good at solving it. I'm not.
Message count: 6
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Mining- (Chat_Report.25>2 - XL)
First message: http://bitinfocharts.com/blocksize-and-bitcoin-future-chart/
Last message: [00:11] [23:21] [00:20]
Message count: 57
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
rooty (Chat_Report.25>2 - XL)
First message: @emmaw
Last message: but please don't PM me about that :)
Message count: 6
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Zubian (Chat_Report.25>2 - XL)
First message: so is this the one with the red pill?
Last message: not sure why the devs don't do it, but there are some good reasons
Message count: 13
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MinecraftBot (Chat_Report.26)
Only message: I am the Minecraft Bot! Set up to remind you that Minecraft is a game we should all play happily.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FailedPrecursor (Chat_Report.26)
First message: No, this bot will do a great job of that
Last message: Just don't think I'm not watching.
Message count: 22
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
krispykrackers
First message: Ajarm: That's the idea. The idea of a repo being hosted "on one server" is just a problem of scalability/filling the space on the server where the repo is hosted. I'd have no problem with that. (Chat_Report.27)
Last message: :) (Chat_Report.32)
Message count: 28
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
rob_hoegee (Chat_Report.27)
Only message: you don't want to put all your eggs in one basket, i would agree with that
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
dine909 (Chat_Report.27)
First message: i know, i tried the old client for like 5 years straight and never upgraded
Last message: yes you did, and you should have paid back the amount i had invested
Message count: 8
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Surtur
First message: Ajarm: No, no I don't (Chat_Report.27)
Last message: I hope it would be of some help to you, Mitten. (Chat_Report.28)
Message count: 56
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
jhansen828 (Chat_Report.28)
First message: I suppose, but how would that be possible without the blockchain?
Last message: It just means that it will be hard to make it hard to make it hard to do so
Message count: 7
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Explanation (Chat_Report.29)
First message: There's a big issue with the LoveHoney scandal.
Last message: There are more charges to be brought against LoveHoney and their staff.
Message count: 25
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Zandt (Chat_Report.30)
First message: [1:21 AM] [01:20] why did you make my life hell Zandt ?
Last message: and then I'll call you
Message count: 15
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Derek (Chat_Report.30)
First message: What happened to the rest of the team?
Last message: And then I'd be like 'hey, so I'm dating now'.
Message count: 87
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ElderBot (Chat_Report.30)
Only message: The stream has ended.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
_______ (Chat_Report.30)
First message: Rude.
Last message: Fuck you.
Message count: 17
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
____ (Chat_Report.30)
First message: You've just said that I hate you, which means you're the one I hate.
Last message: Fuck you.
Message count: 5
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Lets_go_flyers (Chat_Report.30)
First message: I hate myself too
Last message: <3
Message count: 13
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Buzzkill (Chat_Report.30)
Only message: Stop. Stop. Stop. Stop. Stop! Stop.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MooFish (Chat_Report.30)
First message: <3
Last message: Okay, I'll go away. I think I've had enough.
Message count: 32
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Zachums (Chat_Report.30)
First message: <3
Last message: <3
Message count: 2
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Silverboks (Chat_Report.30)
First message: lol
Last message: well, at least you didn't come back here, you know
Message count: 8
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
mivv_ (Chat_Report.31)
First message: it looks like I will be stuck with my $200 for a little while...
Last message: thanks for inviting me!
Message count: 7
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
starlainjury (Chat_Report.31)
First message: what's the link to the newbie thread?
Last message: (i have no clue though)
Message count: 19
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
kurwa (Chat_Report.31)
First message: I would argue you can't, as all the miners need to be convinced of the validity of the new fork to get all the nodes to switch
Last message: If you want to solve the consensus problem, you can't have majority of miners
Message count: 4
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
StephenHawk (Chat_Report.32)
First message: This chatroom is dead.
Last message: I want to be a part of a community that will help people like me who've had similar experiences
Message count: 8
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PeehsNoic (Chat_Report.32)
First message: it's just gone.
Last message: And if there's one group, why can't they do other things?
Message count: 11
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
125 characters total. (1-100 shown here)
2,471 messages so far.
submitted by ShadowWolf525 to WeirdGeneratedStories [link] [comments]

Bitcoin's Fatal Linkage To Fiat: The Number Of Bitcoin ATMs Has Now Climbed Above 5,500

http://www.cypherpunklabs.com/bitcoins-fatal-linkage-to-fiat-the-number-of-bitcoin-atms-has-now-climbed-above-5500/
Perhaps one of the fastest growing sectors of the cryptocurrency industry is Bitcoin ATMs. In November 2013 there was just a single Bitcoin ATM on the entire planet. It took until June 2014 for the number of ATMs to climb above 100, and in February 2017 this number climbed above 1,000. Since then ATMs have been installed at a rapid pace worldwide, and now the total number of Bitcoin ATMs has climbed above 5,500. Many people may look at this and say this is a good trend for Bitcoin adoption, but the reality is darker. The rise in Bitcoin ATMs is solid evidence of Bitcoin’s fatal linkage to fiat, a linkage which injects know your customer (KYC) regulations and centralization into the crypto space.
First for the argument that the proliferation of Bitcoin ATMs is good. ATMs are useful for converting between fiat and Bitcoin, raising awareness about Bitcoin and making it easier for investors to buy Bitcoin, which should supposedly increase Bitcoin’s price and demand. Also, some may argue the ATMs increase Bitcoin’s use as a currency, since the ATMs allow people to quickly convert Bitcoin to cash if they need to buy food or pay rent.
The truth is that Bitcoin ATMs are injecting heavy regulations and centralization into the crypto ecosystem. Anyone who uses a Bitcoin ATM generally has to turn over a full suite of identification information, including their photo ID, birthday, and social security number. This makes it so that Bitcoins purchased at an ATM can be directly linked to the individual that purchased them. Blockchain forensics, which is now a multi-million dollar industry, are then used to track how exactly these Bitcoins are used. In combination with the identification information collected at the ATM, the blockchain forensics can be used to build cases against users for illegal activity, such as if the Bitcoins enter a darknet market, or if the Bitcoins are used for money laundering and tax fraud. The worst part is that blockchain forensics can follow the Bitcoins many skips down the line, so that even if an ATM user did not illegally use the Bitcoins, they could still end up in hot water and have to divulge information to law enforcement to get out of trouble.
Essentially, if Bitcoins are obtained at an ATM, and then those Bitcoins are used for anything illegal at some point in the future even if its long after the original purchaser spent them, the police at least have a lead with the person who got the Bitcoins from the ATM, and they can interrogate that person and try to find who the Bitcoins went to next and so forth.
The same is true for selling Bitcoins at an ATM. Even if the Bitcoins were legally obtained, but originated from the deep web at some point, the person selling the Bitcoins could be in hot water.
Another way to think of this is that Bitcoin ATMs are choking the Bitcoin economy, as well as cryptocurrency exchanges like Coinbase. Due to Bitcoin’s fatal link to fiat, Bitcoin users usually have no choice but to use an exchange or ATM to buy/sell, at which point all of their identification information is logged. This gives law enforcement and regulars an easy to use map of the entire crypto economy, with enough leads to blackmail everyone using Bitcoin, and ultimately the power to cripple Bitcoin and impose heavy regulations upon it.
On a related note, the ease of using Bitcoin ATMs and exchanges in combination with regulations have destroyed the peer to peer Bitcoin dealing economy. It was far more decentralized and healthier back when there was an expansive network of individuals exchanging Bitcoin. Now the right to exchange Bitcoin has been centralized into the hands of ATM operators and exchanges who are more than happy to doxx their customers and pay millions for blockchain forensics to compromise their customer’s freedom.
Quite literally, Bitcoin ATMs are poisoning Bitcoin from the inside. They are centralizing the crypto economy, making it easy to regulate, and making Bitcoin users highly dependent on fiat.
Zooming out, as the number of Bitcoin ATMs has proliferated, the original dream of a decentralized peer to peer currency is decreasing. At this point Bitcoin is barely usable as a currency, there are some sites that accept it as well as a decreasing amount of individuals who exchange Bitcoin peer to peer. Generally people are forced to sell the Bitcoin for fiat if they are ever going to obtain value from it, turning Bitcoin into nothing more than another speculative asset like gold and stocks.
Perhaps the dream of Bitcoin one day being a true currency is not totally dead, and maybe one day Bitcoin can be exchanged conveniently for goods and services in the mainstream. However, Bitcoin will have to integrate some serious changes to increase scalability and speed before that can happen, and if it does not happen soon enough this centralization trend will continue until Bitcoin has no potential to ever become an independent and decentralized currency.
submitted by turtlecane to Bitcoin [link] [comments]

11-04 14:33 - 'DIFFERENCE BETWEEN KRATSCOIN AND BITCOIN' (self.Bitcoin) by /u/xia112 removed from /r/Bitcoin within 3-13min

'''
• The indivisible minimum KRATSCOIN unit is 0.00001 instead of 0.00000001 to denominate realistic currency rates in FOREX. Denomination cannot be determined or dictated by the value of a currency. If KRATSCOIN is valued at USD10,000.00 then the smallest unit of KRATSCOIN at 0.00001 = USD0.10 and nothing smaller than USD0.10 in KRATSCOIN.
Example: If USD1.00 = THB30.00 and the smallest denomination of USD is USD0.10, then a USD0.10 which is THB3.00, is unable to buy a piece of candy at THB1.00. Thus the USD must be converted into a smaller currency of THB in order to buy the THB1.00 candy.
• KRATSCOIN is in-line with standard International Foreign Currency Exchange Practice at indivisible minimum unit 0.00001.
• Each KRATSCOIN is equipped with a 13 digit “SERIAL CODES AND NUMBERS” and there will be a total of 2,100,000,000,000 SERIAL CODES in total.
Example1: 1st KRATSCOIN = AKDJFYRS.00000 Example2: 1st Fraction from 1st KRATSCOIN = AKDJFYRS.00001 Example3: 2nd Fraction from 2nd KRATSCOIN = AKDJFYRS.00002 Example4: Last KRATSCOIN = DLXVZKWR.00000 Example5: 1st Fraction from Last KRATSCOIN = DLXVZKWR.00001 Example6: 2nd Fraction from Last KRATSCOIN = DLXVZKWR.00002
• In Year 2015, Silk Road in DeepWeb utilization of Bitcoin in their transactions amounts to USD1.2billion spanning over 950,000 users. One may argue that Bitcoin is most utilized by the black market, which then maintains its value and worth among other factors. However, the USD1.2bil a year over 950,000 users are far fetch from the Legitimate Users in comparison. Bitcoin transactions runs into USD40.0bil in recent Legitimate Crypto Exchanges. In summary, legitimate transaction of crypto currencies is many times larger use in illegal transactions.
DIFFERENCE BETWEEN FIAT AND CRYPTO:
• Fiat Currency is backed by Governments/Countries itself. What determines the value of a currency is the economic health, demand, growth, political stability to name a few, of the respective country. Before 1930, most fiat currencies were backed by gold and silver.
• Since 1971, U.S. citizens have been able to utilize Federal Reserve Notes as the only form of money that for the first time had no currency with any gold or silver backing. This is where you get the saying that U.S. dollars are backed by the “full faith and credit” of the U.S. Government - quoted in google.com.
• What backs crypto value is purely supply and demand. The demand creation of a crypto is its sole objective. To create demand, the crypto has to have a purpose. And most purpose commonly promoted is utility. The number of ways you can utilize the said crypto. The more utilization factors the more demand there is for it.
• There are other ways to substantiate value of a crypto and that is to back the crypto with a 1 to 1 ratio in assets or in USD. Then the question is, how 3,000 crypto currencies in circulation be monetary eco sustainable? Can anyone imagine walking into McDonald and view a chart of 3,000 different pricing? Which also means the crypto is a payment gateway pegging against USD instead of bearing any true characteristic of a currency.
• A country’s currency is in its own legit form of legal tender, the only currency acceptable under financial sovereigns of a country. People in the world must be made to understand that. Retailers in Thailand cannot put up products price tags in EUROS/USD, it is illegal. It has to be in Thai Baht.
• It is hardly imaginable for everyone in the world to retail with a Crypto-Currencies at a rate of 7 transactions per second. When mining nodes are reduced due to non-performing mining ratio, mining blocks in the Blockchain will significantly be limited too, rendering delays in transactions while usage increases.
• In time to come, as trends of crypto picks up, Thailand can issue BAHT COIN or UK the STERLING COIN, exactly what China wishes to do. Digital RMB, but would such crypto currencies be fully decentralized? We all have our answers. Absurd to even think of producing Thai Baht, Pound Sterling or Chinese Yuan at the cost of electricity. It is currencies in digital forms.
KRATSCOIN is not meant for that purpose. In some opinion, apart from utilization, a crypto can be for safekeeping, an entity for keeping money while allowing easy liquidation, at a click of a mobile button, not to mention sending or transferring without the trouble of going to banks, which was the original purpose of Bitcoin to begin with. Therefore, KRATSCOIN would be better termed as Crypto Commodity, sharing similarities as Metal Commodities.
An individual cannot use gold to make a purchase, neither can one eat gold. It can only be kept or invest in for appreciative value over time. Gold is being exampled for its scarcity which reasons for its higher value over its cousin, silver or bronze. Who or what determines the value of gold? Just like any other crypto, demand by humanity. As in all other commodities, it must also be placed in checks by governments. To put in checks, serial numbers are introduced to protect a country’s commodities outflows or illegal exports.
Humanity made Bitcoin a reality. Acceptance by the majority members of the public made Bitcoin to what is it today with the trust they entrusted it with, or is the majority public hopping on the band wagon to make a few quick extra bucks? Whatever the reasons are, the characteristics of Crypto Currencies are only matched by the behavior of Commodities.
SERIALIZED COINS - WHAT IT MEANS FOR THE PUBLIC: Every currency has its own remarkable name, design and colors. Dollars, Euros, Pound, Tugrik, Peso, Rupee, Rupiah, Dina, Ringgit, Baht and the list carries on. One thing every currency have in common - Serial Numbers.
In any crime, investigators will firstly establish motives and mode of operation, both of which are very likely related to money. So following the money trial is a natural thing to do for investigators/authorities and it has become a common practice. Crimes require funding ie robbers need money to buy guns to carry out its robbing activities. Cutting off financing will reduce criminal activities. That’s the approach governments of the WORLD have adopted for crime fighting.
Perhaps people do not realize this while most do not feel the pinch. Humanity tends to take life for granted until apocalypse happens. Take a minute to visualize the tallest tower in your homeland collapse into a pile of dust with thousands of casualties effecting everything else that comes to mind. Imagine a family member, just 1 is enough, is among those casualties.
• Imagine if monetary system is not in place and drug dealers, among many, roam the earth freely distributing what can be death threatening substance to your kids. What if you are mugged of your inheritance [items left to you by your father] that is beyond retrieval? As for crypto enthusiast, what if your wallet gets hacked as even the mighty Pentagon gets hacked. All the above can go away if the crypto system leaves a trail for hound dogs to sniff out. Money Trail or Serial Codes Trail to be exact.
• Citizens rely on governments and their countries to do what is best for them to lead their daily lives, flourish, advance, improve and strive but at the same time, citizens want to take away the single most important thing deemed crucial in the hierarchy of humanity from governments with additional boastful remarks such as “I transferred $400 million from one corner of the earth to another corner in a single transaction and no governments can do anything about it”.
• In-short, to boast unregulated financial movement is to arrogantly promote crime without realizing it while challenging the world’s monetary authority. Oldest advice in the book teaches us never to pick a fight we can’t win.
• Serial Coded Coins does not take away the financial movement freedom nor does it take away your privacy. It merely provides Authorities the necessary means needed for crime prevention and fighting. It only re-inforce security and safety. SERIALIZED COINS - WHAT IT MEANS FOR GOVERNMENTS: • Governments are relentlessly trying to find new ways to keep track of crypto transactions. Crypto Currency Exchanges, just like all other Financial Institutions and Banks, are required to practice the most stringent Know Your Customer (widely known as KYC) process. The KYC is designed to provide governing agencies and authorities with information pertaining to crypto ownerships.
• But no governments can have information on Peer-to-Peer (also known as P2P) transactions unless the government in question launch a full scale Federal Investigation on certain suspected individuals seeking Wallet Developers to unveil the ownership of certain wallet addresses. Do not forget, National and Global Security trumps Privacy Act. Refusal to co-operate under the pretext of Global or National Security will only result in an out-right ban, which is exactly what happened to Blackberry.
• Questions to Governments – What if Wallet Developers or Crypto Exchanges shuts down which can happen for various reasons be it foul-play, sinister or forcefully under threat? What if servers are damaged and ruined? An EMP strike or a simple magnet can make it happen. Information/identities of suspected customers of such addresses shall be lost forever and along with it the Money Trial.
• The most probable way of evading Authorities with crypto assets are developing an e-wallet for own illicit purpose. Since the cost of developing an e-wallet is relatively low in considerable cost to hiding, what can governments do to flush out these ants from the vast networks of tunnels?
• With Serialized Coded Crypto Assets, it doesn’t matter if servers of Exchanges or Wallets are destroyed. The Serial Codes of each token/coin enables governments of every participating country to track both origin and destination by identifying records of each token/coin in wallet address. It can disappear into a cold wallet but emerging some place later yet Authorities can still detail which particular token/coin has at one moment of time been into which wallet, on what day and date.
• If the battle of financial crimes can be resolved with a simple Serialize Coded Crypto Asset, the eradication of corruptions, money laundering, unlawful proceeds and terrorism financing will be made possible. Criminals can no longer exploit the genius creation of Sathoshi – Blockchain and Crypto-Currencies.
• Global Security, Anti-Terrorism Financing and Money Laundering could just be excuses granting government agencies the need to have access to financial information in the Monetary System. Nonetheless, it is in the interest of every nation that capital outflow is controlled. Capital Outflow is most frequent when the economy of a country is deteriorating. In the face of an economy meltdown, monetary flow is most needed and yet citizens tend to transfer monies further away illegally from their own country in an act of selfishness. This would not be tolerated by any country. Serial Coded Coin shall prove this attempt futile.
• In most part of Asian Countries, many crypto-currency mining operations are carried out illegally. The legality sits on thin fine line where Authorities can pin only stealing of electricity as a major concern to the respective country. Since most Power Companies belongs to the Country in one way or another, it is financially damaging to Power Producers and Utility Suppliers. Serial Codes can determine if the KRATSCOIN is mined legally or illegally making it difficult for miners or mining farms to mine crypto while avoiding making electricity payments. Will this deterrent disrupt the chain of KRATSCOIN supply? That’s not how Blockchain Tech works. TAXATIONS - WHAT IT MEANS FOR PUBLIC AND GOVERNMENTS: • Taxation cannot be imposed on “Illegal & Unlawful Proceeds” instead confiscation is enforced in many countries. Origins or proceeds of Serialized Coded Crypto Assets can be easily identified by the Serial Codes in-conjunction with the Blockchain. This exercise can evidently proof the legitimacy of the aforesaid token/coin. By “Illegal & Unlawful Proceeds” also refers to crypto coins obtained via illegal mining operations.
• Taxation on Crypto Assets are calculated on profits deriving from the sale/disposal of the crypto Assets. If we are small crypto believers, the amount of taxation rendered by Inland Revenue will be insignificant. Why risk Freedom of Life over Freedom of Small Monies. If we are big crypto believers, taxation on Serialized Coded Coins can be considered added security to your assets protection.
• By adopting Serialized Crypto Assets, declaration is made easily possible via proof of token/coin origin via the Blockchain. If the Authorities can know where our crypto assets come from, the Authorities will know where it will disappear to. It is taxation cum insurance in one tiny sum. This added security with freedom feature will encourage self-declarations of crypto assets to Authorities and Agencies. PRIVACY & ANONIMITY: • Many may be skeptical of their wealth being tracked and monitored. But in this era of technological advance society, everything we touches has our signature. Banks, iPhones, Samsung Mobiles, Google, Facebook, Whatsapp, WeChat, LINE, Viber, Facebook, Properties, Utilities. Almost everything. It is to this fact that there is a need for Privacy Protection Act.
• As explained before, Crypto Currency Exchange KYC procedures is designed to expose the identity of Crypto Assets ownership. The Blockchain is supposed to serve as a transparent information platform. The question of privacy over Serialized Coded Coins does not exist, it does not make Serialized Coded Coins ownership any less private.
• Ownership of wallet addresses shall always remain anonymous while the only way Authorities can get to it is through Wallet Developers by virtue of Global/National Security Threats or by a Court Order as per the Privacy Protection Act. SAFETY & SECURITY (CODED CRYPTO VS FIAT + COMMODITIES): • No human mind can memorize the millions of serial numbers printed on fiat currencies. The records of Serialized Coded Coins will forever be in the Blockchain embedded within each transaction from wallet to wallet.
• Serialized Commodities such as gold can be melted down. Diamonds recrafted. Fiat double printed. But not Serialized Coded Crypto Assets.
• Should an accessory system be added into the KRATSCOIN Blockchain, allowing reports on criminal activity be made within the Blockchain, notifying all ledgers of certain stolen Serial Coded Coins, enabling WARNINGS and forbidding next transaction of that particular Serial Coded Coin, wouldn’t this function enhance protection. A theft deterrent function which can never be achieved with physical gold, diamonds or fiat. KRATSCOIN SUMMARY: • Most crypto currencies have not reach a level of security alert for governments. This could be the only reason why a possible ban has not been discussed. China and India has begun efforts to control or ban crypto currencies in their quest to combat capital outflow, writer’s personal opinion. The EU has stopped Libra from implementation. “A company cannot be allowed Authoring Power for issuance of currencies” quoted the governments. KRATSCOIN is fully decentralized with no ownership nor control by any country, company or individual. Once again, the beauty of Bitcoin decentralization concept prevails.
• “There is no such thing as a world currency. However, since World War II, the dominant or reserve currency of the world has been the U.S. dollar” quoted in google.com.
• Most countries have “Foreign Reserves” as backing to a country’s fiat currency. It is a mean of “back up” attempt should all factors above mentioned leading to the value of their currencies collapse. Then what will happen if the Country of the Foreign Reserves collapse?
• Serial Coded KRATSCOIN belongs to no one, no country, no company and therefore theoretically shall not be effected by politics, war or global economy meltdown yet everyone, every country and every government is able to benefit from KRATSCOIN.
"Quoted by" [[link]6 [[link]7 [[link]8 [[link]9 [[link]10
'''
DIFFERENCE BETWEEN KRATSCOIN AND BITCOIN
Go1dfish undelete link
unreddit undelete link
Author: xia112
1: lintangnews.c*m/ada*kr**s*o*n-*ni-be*a*ya-d*ngan-bi***in* 2: 0xzx**o***019101*124431*902.*tml 3: ne*s.*oko**y*to.com/*ag/**atsco*n-kt*/ 4: bbs.**anya.cn/p**t-l*ok*u*-836*0*-*.shtml 5: z*uanlan.z*i*u.*om*p/*4*44615 6: l*nta*g*ews.*o*/ada*kr*ts*o*n-*ni-***a*ya-d*ngan-bitcoin/]^^1 7: 0x*x*com/2019101**24*312*02*ht**]^^2 8: news*t**ocr*p*o***m/tag/kr*tscoin-ktc/]*^3 9: bbs.*i*n*a.cn/p**t-loo*ou*-8*61*5-1.sht*l*^^4 10: zhuanl*n.zh*hu.co*/**84**461*]^^5
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

How Many More Birthdays Until Bitcoin Wins?

John Biggs is CoinDesk’s multimedia editor. The views expressed here are his own.
Bitcoin just turned 11 and it’s worth looking at what this technology has achieved. First, some context.
Facebook is 14 while Twitter is 13. Linux is 28. The World Wide Web – the network you’re reading this on – is 30. TCP/IP is about 44 years old, depending on whom you ask.
If you’re into a bitcoin, you’re most likely 18 to 34 years old, according to pollsters at the Global Blockchain Business Council. And you probably joined the bitcoin party about five years ago and own some fraction of or even a full coin. Some of you own many, many more.
I’m about as old as TCP/IP. I’m part of the generation that saw computing’s evolutionary bloom. If you’re younger, you’ve gotten used to modern networking technology and you don’t remember a time when everything wasn’t done on a screen. You were there for the birth of bitcoin.
But on the 11th anniversary of the white paper’s publication, we face a question: How long must we wait until bitcoin becomes like Twitter or Linux, something you use every day? Ten years? Twenty?
Bitcoin, from the vantage point of pure adoption, has been a failure. But it remains a beacon, the best chance we have for truly shaking up the status quo and, ultimately, changing the way we interact with our fellow global citizens.
When will we be using bitcoin daily? When will the underlying technology embed itself into the fabric of our financial lives?
Shrug. We don’t know.

Bigger than Belgium

A billion people use Facebook every month. On Twitter, it’s 330 million. Both services ramped up quickly but really took off in the last few years. Linux is on 98 percent of servers worldwide – that took a while but ramped up after the dot-com boom. The web is everywhere, but that took a solid 20 years to happen.
How many people use bitcoin? It’s hard to gauge on a decentralized network designed for anonymity. For a rough proxy, CoVenture Research says there are “11.2 million bitcoin addresses that hold at least .001 BTC,” or about $9 worth.
That’s a big number, more than the number of people in New York, including the outer boroughs. Of course, a single user can, and often does, control multiple addresses. Yet if anything, this estimate may be too conservative. An April 2019 survey by Harris Poll, done for Blockchain Capital, found 9 percent of Americans27 million people – own bitcoin.
All told, it’s safe to say that if the crypto community were a country, it would be bigger than Belgium.
But it’s not 330 million and it’s not a billion. It’s enough that the average investor and programmer will take notice and it’s enough for Hollywood to consider the topic interesting enough for an awful movie. But 11 million in 11 years is not good for bitcoin.
If bitcoin were a startup it would exist in the Valley of Death. In the startup world, an app with 11 million users is strong enough to generate some revenue but not interesting enough to attract massive investment. Bitcoin is like that. It works, but not enough to turn heads outside of a vocal minority.
So where is bitcoin going? Is 11 million enough? How many more years until we get to mass adoption?
Another shrug. Another unknown. We see the forward motion every day on CoinDesk – the various small changes that add up to a story of a platform. (Or is it a movement?)
This points to the primary problem that bitcoin and the wider crypto ecosystem has to accept. Facebook and Twitter achieved those numbers through investments far smaller than bitcoin’s $165 billion market cap. Linux and FOSS endeared themselves to developers enough that they happily contributed their time freely. The web grows by itself because it is trivial to join the party.
Bitcoin exhibits few of those traits. Bitcoin startup investment is cold. The crypto ecosystem is insular and self-involved, difficult for outsiders to join. The network grows by fits and starts, driven primarily by Number Go Up. We are in a vibrant early stage in which everyone is a pioneer and there is no clear way forward. Infighting turns developer against developer while crypto clowns hog the mainstream media’s attention. Only a small, dedicated group holds the center together.
This is bad for bitcoin.

Stay tuned

By all rights, bitcoin shouldn’t survive another ten years. All the things that made Linux and Twitter and Facebook and the PS4 and Netflix commercial successes cannot be seen in bitcoin’s rise. You can’t spin up an AI that can write Harry Potter novels on bitcoin.
Bitcoin doesn’t move the world’s financial markets the way Twitter does nor does it get the same scrutiny that Facebook does. There is no “bitcoin and chill.”
Yet it still exists.
You will argue that it’s unfair to compare bitcoin to all of those things. But bitcoin is both a financial instrument and a technical product. It is, like a startup, a work in progress, an alpha product that may graduate to beta with a little more time. It is a good idea that needs another summer or two to germinate.
When I first looked at Spotify, 13 years ago, I saw the future of streaming music that freed me from CDs. When I stuck a copy of Mandrake Linux into my Pentium computer in 1998 I saw a future of machines freed from paid software. When I look at bitcoin through the eyes of an uninterested programmer I see numbers and hype and scams. But when I look at bitcoin through the eyes of someone who wants to catch the next big thing, I see the possibility that one day, not too far in the future, it will make banking and commerce vastly different.
All of the other services and tools I mentioned above are reaching their apex. It’s all downhill from here. Bitcoin, to quote the Joker, is just getting warmed up.
Bitcoin is a slow burn, one that will take another five or ten years to really explode. And when it does it won’t be visible like Facebook or Netflix. It won’t be one level removed from our browsers, hiding just out of sight, like Linux. It will be ingrained in our lives, in the interaction between our money and the world. It will be the currency used between humans and robots and between robots and robots. It will become so useful that it will disappear.
Bitcoin is 11. Where is it going? When will it win?
Shrug. We don’t know. But, compared with everything that came before it, there is little out there to stop bitcoin and a lot of energy driving it forward. It’s only a matter of time.
Bitcoin 2014 image via CoinDesk archives
submitted by casazeg to cryptonewswire [link] [comments]

The core concepts of DTube's new blockchain

Dear Reddit community,
Following our announcement for DTube v0.9, I have received countless questions about the new blockchain part, avalo