Topic: Decentralised-Liquidity Exchange -- 'D-L-Ex' - page 3. (Read 63134 times)
Re: bubbles and economics - That was a fantastic explanation, thanks IMZ.
'The burst of the bubble can be expected when the early investors have already cashed out, and there are no new investors joining the club . . . '
https://www.cryptocoinsnews.com/economics-professor-the-last-stage-of-the-bitcoin-bubble-is-yet-to-be-reached/
There's a misapprehension here, and it's time it was explained:
the notion of a 'normal' bubble, of a 'normal' mania, assumes that the economics of the time and place are themselves relatively normal. I doubt if the tulip mania of Holland would have happened if the bubonic plague had been raging. So, if everything in the western world were normal, I'd be horrified to see crypto prices spiking by hundreds of percent. That's obviously unsustainable.
But that's not what's happening.
Consider 'the flippening': it's a drain of capital, from one instrument to another. Well, the same thing is happening to cryptos. It's a drain of capital from fiat to cryptos. And unless Martians arrive shortly with perpetual-motion machines, gold for the hungry and the indebted, and supplies of air, water, and arable land, the global economy will continue to decline, and the drain of capital from fiats to cryptos will likewise continue.
https://www.cryptocoinsnews.com/economics-professor-the-last-stage-of-the-bitcoin-bubble-is-yet-to-be-reached/
There's a misapprehension here, and it's time it was explained:
the notion of a 'normal' bubble, of a 'normal' mania, assumes that the economics of the time and place are themselves relatively normal. I doubt if the tulip mania of Holland would have happened if the bubonic plague had been raging. So, if everything in the western world were normal, I'd be horrified to see crypto prices spiking by hundreds of percent. That's obviously unsustainable.
But that's not what's happening.
Consider 'the flippening': it's a drain of capital, from one instrument to another. Well, the same thing is happening to cryptos. It's a drain of capital from fiat to cryptos. And unless Martians arrive shortly with perpetual-motion machines, gold for the hungry and the indebted, and supplies of air, water, and arable land, the global economy will continue to decline, and the drain of capital from fiats to cryptos will likewise continue.
'The European Central Bank effectively euthanized two small Italian banks late Friday, in another sign that the eurozone financial system remains vulnerable even as the economy improves.'
https://www.nytimes.com/2017/06/23/business/dealbook/banks-italy-veneto-popolare.html
' . . . even as the economy improves . . . ' Lie.
The global reality is closer to this: http://www.glennbeck.com/2017/06/22/gb-prediction-come-true-illinois-faces-bankruptcy-due-to-pensions/
https://www.nytimes.com/2017/06/23/business/dealbook/banks-italy-veneto-popolare.html
' . . . even as the economy improves . . . ' Lie.
The global reality is closer to this: http://www.glennbeck.com/2017/06/22/gb-prediction-come-true-illinois-faces-bankruptcy-due-to-pensions/
P2P Lounge Room Check 'Distributed-Liquidity Exchange' on Telegram
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2591 (CMC)
Btc Unconfirmeds: 2K
Total altcoin cap: 60%
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2591 (CMC)
Btc Unconfirmeds: 2K
Total altcoin cap: 60%
'Before the hype and before the price explosions of the past year, I sat down and looked at cryptocurrencies from a UX perspective.
That post, published on CoinDesk, offered a simple central premise: the entire bitcoin project was envisioned, designed, built and released as a peer-to-peer value exchange system. It wasn't supposed to be a standalone asset class or a messaging system for banks.
A year later, we're in the midst of a hype-ridden initial coin offering (ICO) explosion. ICOs are another use case in the UX quiver, one we can add to the progress of the last few years. The ICOs (I prefer to call them token sales) are a great engine of growth but they do not achieve our ultimate goal: adoption of cryptocurrency by the masses.'
http://www.coindesk.com/cryptocurrency-hook-masses/
That post, published on CoinDesk, offered a simple central premise: the entire bitcoin project was envisioned, designed, built and released as a peer-to-peer value exchange system. It wasn't supposed to be a standalone asset class or a messaging system for banks.
A year later, we're in the midst of a hype-ridden initial coin offering (ICO) explosion. ICOs are another use case in the UX quiver, one we can add to the progress of the last few years. The ICOs (I prefer to call them token sales) are a great engine of growth but they do not achieve our ultimate goal: adoption of cryptocurrency by the masses.'
http://www.coindesk.com/cryptocurrency-hook-masses/
'The U.K. has for decades relied on the EU and its bureaucrats to do the hard work of negotiating treaties.'
http://money.cnn.com/interactive/news/economy/brexit-treaties/
Wow gee! Maybe that wasn't such a great idea!
http://money.cnn.com/interactive/news/economy/brexit-treaties/
Wow gee! Maybe that wasn't such a great idea!
Bump: http://www.coindesk.com/bitcoin-scaling-upgrade-finally-happen-fail/
And: 'Segwit2x was kick-started at an invite-only meeting comprised of big companies and large mining pools in the space.'
http://www.coindesk.com/top-secret-bitcoin-scaling-plan-segwit2x-leaves-questions-answers/
And: 'Segwit2x was kick-started at an invite-only meeting comprised of big companies and large mining pools in the space.'
http://www.coindesk.com/top-secret-bitcoin-scaling-plan-segwit2x-leaves-questions-answers/
Several articles yesterday showed misapprehension of what's ultimately driving cryptos:
people's desire to 'outflank' a social/legal/political/banking system that clearly no longer serves them.
Just for the record, this guy knows his stuff:
' . . . the state has only one ontological imperative: to expand its power and control.'
' . . . the easiest way for politicos to be seen as "doing something" is to pass more laws . . . '
http://www.zerohedge.com/news/2017-06-23/over-criminalization-american-life
people's desire to 'outflank' a social/legal/political/banking system that clearly no longer serves them.
Just for the record, this guy knows his stuff:
' . . . the state has only one ontological imperative: to expand its power and control.'
' . . . the easiest way for politicos to be seen as "doing something" is to pass more laws . . . '
http://www.zerohedge.com/news/2017-06-23/over-criminalization-american-life
P2P Lounge Room Check 'Distributed-Liquidity Exchange' on Telegram
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2747 (CMC)
Btc Unconfirmeds: 14K
Total altcoin cap: 60%
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2747 (CMC)
Btc Unconfirmeds: 14K
Total altcoin cap: 60%
P2P Lounge Room Check 'Distributed-Liquidity Exchange' on Telegram
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2723 (CMC)
Btc Unconfirmeds: 16K
Total altcoin cap: 59%
Little Markie presently swapping emails with a journalist from Bloomberg.
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2723 (CMC)
Btc Unconfirmeds: 16K
Total altcoin cap: 59%
Little Markie presently swapping emails with a journalist from Bloomberg.
P2P Lounge Room Check 'Distributed-Liquidity Exchange' on Telegram
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2669 (CMC)
Btc Unconfirmeds: 26K
Total altcoin cap: 59%
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2669 (CMC)
Btc Unconfirmeds: 26K
Total altcoin cap: 59%
Telegram channel: 'Distributed-Liquidity Exchange'
But I'm still figuring this out (invitation only)
But I'm still figuring this out (invitation only)
'The resulting chaos will have at least one predictable result: All pretense of fiscal and monetary discipline will go out the window in the rush to move people and machines into the theater. If you think we’re over-indebted and due for a currency crisis now, just wait.'
http://www.zerohedge.com/news/2017-06-20/middle-east-blowing
http://www.zerohedge.com/news/2017-06-20/middle-east-blowing
What is South Korea’s population? About 50 million. Now check here: http://coinmarketcap.com/currencies/ethereum/#markets
The $U.S.-value of Korean Won trading is greater than that of BTC-ETH.
Now look here: http://coinmarketcap.com/currencies/bitcoin/#markets
A half of the top-twenty pairs are crypto-fiat (and one is USDT). Deep breath, campers. This is a noo age.
If you are a financial-news junkie, you know that some U.S. cities, counties, and a territory, are bankrupt -- and a state is about to go on the list; and that pension funds all over the place are going under.
The Italian banking system is rubbish.
Deutsche Bank alone has enough bad debt to sink the world.
One of Spain’s banks recently just laid down and died. Another is now in trouble.
All four of Australia’s biggest banks had their credit ratings lowered yesterday.
And this morning, this:
‘The Management Board of Bremer Landesbank decided to cancel, at the next Interest Payment Date, all payment of interest on the AT1 Notes forming part of the own funds . . . ‘
http://www.dgap.de/dgap/News/adhoc/bremer-landesbank-kreditanstalt-oldenburg-girozentrale-the-management-board-bremer-landesbank-decided-cancel-the-next-interest-payment-date-all-payment-interest-the-notes-forming-part-the-own-funds/?newsID=1012211
The $U.S.-value of Korean Won trading is greater than that of BTC-ETH.
Now look here: http://coinmarketcap.com/currencies/bitcoin/#markets
A half of the top-twenty pairs are crypto-fiat (and one is USDT). Deep breath, campers. This is a noo age.
If you are a financial-news junkie, you know that some U.S. cities, counties, and a territory, are bankrupt -- and a state is about to go on the list; and that pension funds all over the place are going under.
The Italian banking system is rubbish.
Deutsche Bank alone has enough bad debt to sink the world.
One of Spain’s banks recently just laid down and died. Another is now in trouble.
All four of Australia’s biggest banks had their credit ratings lowered yesterday.
And this morning, this:
‘The Management Board of Bremer Landesbank decided to cancel, at the next Interest Payment Date, all payment of interest on the AT1 Notes forming part of the own funds . . . ‘
http://www.dgap.de/dgap/News/adhoc/bremer-landesbank-kreditanstalt-oldenburg-girozentrale-the-management-board-bremer-landesbank-decided-cancel-the-next-interest-payment-date-all-payment-interest-the-notes-forming-part-the-own-funds/?newsID=1012211
P2P Lounge Room Are we moving to Telegram v shortly? My Tech Officer says, 'All signs are positive.'
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2744 (CMC)
Btc Unconfirmeds: 25K
Total altcoin cap: 60%
Details on the First of August Thang: https://1august.org/
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2744 (CMC)
Btc Unconfirmeds: 25K
Total altcoin cap: 60%
Details on the First of August Thang: https://1august.org/
'It's a fact that raising that much cash through a standard VC process would require a credible team, multiple rounds of funding, with much due diligence and milestones along the way. None of that happened here -- Bancor went from appearing on the scene 5 months ago to raising 9-digits cash with no demonstration that their scheme actually works.'
http://hackingdistributed.com/2017/06/19/bancor-is-flawed/
http://hackingdistributed.com/2017/06/19/bancor-is-flawed/
P2P Lounge Room Are we moving to Telegram v shortly? My Tech Officer says, 'All signs are positive.'
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2582 (CMC)
Btc Unconfirmeds: 12K
Total altcoin cap: 68% -- up from 62% yesterday!
Details on the First of August Thang: https://1august.org/
https://blockchain.info/charts/mempool-count?timespan=24h -- Bitcoin unconfirmeds here.
https://bitcoinfees.info/
And this chart -- https://coinmarketcap.com/charts/#btc-percentage -- shows you what the ratio is of altcoin cap to Bitcoin cap.
Bitcoin price: $2582 (CMC)
Btc Unconfirmeds: 12K
Total altcoin cap: 68% -- up from 62% yesterday!
Details on the First of August Thang: https://1august.org/
Well on our way to being post-Bitcoin.
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