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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23272. (Read 26708383 times)

hero member
Activity: 798
Merit: 1000
Stamp be going crazy.

EDIT: wtf is going on over there!
hero member
Activity: 910
Merit: 1003
How is this good news?
My thought is this makes the acquisition of BTC safer, easier, and more available.

I though that, Coinbase being already licensed as a payment processor, a Coinbase customer already could
* deposit dollars at Coinbase
* buy bitcoins at Coinbase,
* withdraw his bitcoins,
* send bitcoin to a merchant
* have Coinbase send the dollar value of his bitcoins to merchants

With a money transmitting license, a Coinbase client can also
* sell his bitcoins to Coinbase (or other Coinbase clients)
* withdraw the dollars from such sales

I.e. Coinbase becoming a fully licensed exchange makes it easier for people to sell their bitcoins (not just spend them in purchases).  They could already buy bitcoins from them, so that part did not get any easier.  

Is this correct?
hero member
Activity: 798
Merit: 1000
can anyone think as to what advantages bitstamp and bitfinex will have if fully insured and regulated exchanges open?

Is it that they will have less regulation so to speak and this itself will be an advantage?

Well Stamp is likely to slip further into a coma but Bitfinex will be fine, regulated exchanges wont offer margin. However with the exchange supposedly being insured general buying and selling is likely to move to more regulated avenues.

Stamp has Pantera on his side... So it will probably stay around for a long time  Wink

Slip further into a coma implies it will still be around but a graveyard in comparison to when they were one of the biggest exchanges. The customer doesn't care about Pantera and theres 0 loyalty involved when deciding who to trust with your coins and fiat.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Some exchanges, like Bitstamp and Bitfinex are open to international business.

Others, like Cavirtex are open only to residents.

Does anyone know what the policy of the new regulated American exchanges will be?

Looks like US only for now with plans for further afield later.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Some exchanges, like Bitstamp and Bitfinex are open to international business.

Others, like Cavirtex are open only to residents.

Does anyone know what the policy of the new regulated American exchanges will be?
sr. member
Activity: 442
Merit: 250
can anyone think as to what advantages bitstamp and bitfinex will have if fully insured and regulated exchanges open?

Is it that they will have less regulation so to speak and this itself will be an advantage?

Well Stamp is likely to slip further into a coma but Bitfinex will be fine, regulated exchanges wont offer margin. However with the exchange supposedly being insured general buying and selling is likely to move to more regulated avenues.

Stamp has Pantera on his side... So it will probably stay around for a long time  Wink
hero member
Activity: 672
Merit: 501
can anyone think as to what advantages bitstamp and bitfinex will have if fully insured and regulated exchanges open?

Is it that they will have less regulation so to speak and this itself will be an advantage?

For me, none. On the contrary. I think it's about time for every exchange to be regulated or at least post every transaction to the ledger. Transparency is the key. No more Gox-phenomena with Willy bots will occur this way.

I ve though and said this for a long time that some form of regulation is needed. Like some form of gov is needed... to keep things civil and such.

I also think that once the regulation does kick in a bit, the big money is gonna start flooding in ... this is what will give the money the green light.
legendary
Activity: 1232
Merit: 1011
so, to the moon is actually a call to move to the new regulated exchange.

thank god most of the coins are in children's hands on unregulated exchanges.

regulated exchanges are not so profitable.
sr. member
Activity: 437
Merit: 250
make you a deal, expand as a summation series and give me a closed form expression for the 3rd term (coefficient for x^3) and I'll reveal all ...
1+(x/3π)?
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
can anyone think as to what advantages bitstamp and bitfinex will have if fully insured and regulated exchanges open?

Is it that they will have less regulation so to speak and this itself will be an advantage?

For me, none. On the contrary. I think it's about time for every exchange to be regulated or at least post every transaction to the ledger. Transparency is the key. No more Gox-phenomena with Willy bots will occur this way.
hero member
Activity: 798
Merit: 1000
can anyone think as to what advantages bitstamp and bitfinex will have if fully insured and regulated exchanges open?

Is it that they will have less regulation so to speak and this itself will be an advantage?

Well Stamp is likely to slip further into a coma but Bitfinex will be fine, regulated exchanges wont offer margin. However with the exchange supposedly being insured general buying and selling is likely to move to more regulated avenues.
legendary
Activity: 2464
Merit: 1145
to be honest, what scares me the most is that NotLampchop might be a btc whale on the next rally  Angry Undecided Cry Roll Eyes
sr. member
Activity: 378
Merit: 254
...
That said, "sound money must replace dirty fiat" and "destroy the state by removing its financial power base" never were any of the big reasons I got excited about crypto...

Y ur no fun at all Angry
sr. member
Activity: 266
Merit: 250
can anyone think as to what advantages bitstamp and bitfinex will have if fully insured and regulated exchanges open?

Is it that they will have less regulation so to speak and this itself will be an advantage?
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
^
I dunno.  Just happy you kids are finally growing up!
BTW, do the complementary shackles bind at all?  Try walking around a bit & see if they fit.

I don't know, they seemed a bit loose at first, but then I padded the space with a few layers of surplus cash I found in my investment account and now they feel just fine.

Seriously though: crypto is brilliant, in my opinion. Has the chance to bring mankind and finance several steps forward. Potentially changes the world for the better.

That said, "sound money must replace dirty fiat" and "destroy the state by removing its financial power base" never were any of the big reasons I got excited about crypto. So why would I care if I have cash or coins sitting on a regulated exchange? I'd love to do so.

There's always the chance of arbitrage with another NON regulated exchange. Seriously, this needs to be fixed asap.
legendary
Activity: 1470
Merit: 1007
^
I dunno.  Just happy you kids are finally growing up!
BTW, do the complementary shackles bind at all?  Try walking around a bit & see if they fit.

I don't know, they seemed a bit loose at first, but then I padded the space with a few layers of surplus cash I found in my investment account and now they feel just fine.

Seriously though: crypto is brilliant, in my opinion. Has the chance to bring mankind and finance several steps forward. Potentially changes the world for the better.

That said, "sound money must replace dirty fiat" and "destroy the state by removing its financial power base" never were any of the big reasons I got excited about crypto. So why would I care if I have cash or coins sitting on a regulated exchange? I'd love to do so.
hero member
Activity: 742
Merit: 500
most interesting question for me now is who was responsible for the crash a week and a half ago ?
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Okcoin futures lagging behind  Huh

Not many shits given about Coinbase doing anything further with BTC.

They are all about tracking and other odds n ends that I don't support.

(Proud Libtard here Smiley)

Well it does open the doors to a lot of people in the US that don't feel comfortable wiring fiat to bitstamp or btce.  

Never less it's bullish and good to be long Smiley

i bet we are going to see more transactions and eventually this will take us UP guys Smiley

Ask walls are thin on all exchanges. I think this is going ballistic soon...
You know the reason? Well... here it is!
Lamb Chopped all hiz bitcoinz! No Moar To Dump!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
Okcoin futures lagging behind  Huh

Not many shits given about Coinbase doing anything further with BTC.

They are all about tracking and other odds n ends that I don't support.

(Proud Libtard here Smiley)

Well it does open the doors to a lot of people in the US that don't feel comfortable wiring fiat to bitstamp or btce.  

Never less it's bullish and good to be long Smiley

i bet we are going to see more transactions and eventually this will take us UP guys Smiley
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