I agree it's a prototype. This article has a few good points, especially about what the non-prototype next generation of cryptos will look like.
If chainblx can do this then great, but there are a lot of people who say the same thing.
Profit = Cryptocurrency Value - Cost for Mining
Cost For Mining is usage of valuable infrastructure and energy
BUT
Cost also = uncertainty. A premium has to be paid for volatility.
THUS
asset-based cryptos with less volatility = Lower Cost... and higher Profit
Or as an analogy: If you...
Trump just banned the use of Venezuelan crypto Petro:
https://www.theguardian.com/us-news/2018/mar/19/trump-venezuela-petro-cryptocurrency-ban-order
Petro is a pretty ironic name :sneaky:
Coindesk is reporting a first-of-a-kind Ethereum transaction on blockchain.
https://www.coindesk.com/security-settles-ethereum-first-kind-blockchain-transaction/
I think it was a necessary experiment, even though it is really clear that a security will settle first using blockchain technology...
good points all around. Ok, on the subject of trading: Do you think we'll be able to go directly from cryptos into stocks, and back, with no conversion to dollars in the middle? Or will this never be legal?
I wish there was a way for a relative amateur like me to make short-term trades and actually profit. But I think I'd get beat up pretty bad by the pros if I tried it.
I've been looking for a way to go directly from Bitcoin into mainstream stocks (as a hedge) and then back into Bitcoin. And I don't want to convert to dollars.
This is the only solution I've found -- Chainblx:
http://community.chainblx.com/t/what-will-you-be-using/223
Just wondering if it...
It looks like regulation won't be as big an issue as people think. ChainBLX are facilitating trades directly from cryptos into mainstream stocks.. and back again. They are shouting it from the rooftops so it all looks legit:
http://community.chainblx.com/t/what-will-you-be-using/223
I just...
As far as I can tell the chainblx platform will allow you to buy stock directly with crypto, then sell it back for crypto without leaving the anonymous ecosystem.
Looks like the replacement for private Swiss bank accounts will come in the form of being able put cryptos directly into stocks, with no dollar conversion, in anonymous accounts. ChainBLX already doing it, but if anyone knows of other platforms to do this please let me know because I’d like to...