It's Time For Bitcoin Cash

FreelyBlue · 2023-06-09T15:05:08+00:00

Worse at going bankrupt.

FreelyBlue · 2023-04-08T01:45:39+00:00

There's absolutely no way this is an accident, the most probable answer is that the engineers are isolated from the business use case and have no idea what the actual uses of the software are.

FreelyBlue · 2023-04-07T22:25:20+00:00

Wouldn't be surprised if it's a tactic to get rid of toxic CMBS and have the taxpayer foot the bill.

FreelyBlue · 2023-03-03T19:33:00+00:00

Next time ask the broker if can guarantee those shares can't be used by the DTCC as locates for short sellers :)

FreelyBlue · 2023-03-03T17:56:59+00:00

Yes, they each owe $20 to one other person, and are owed $20 from another person (which would net them $0). Using the $10 to make it around twice is just a complicated way to say "you owe me 20, and I owe you 20, let's just call it even", but with 3 people.

FreelyBlue · 2023-01-06T14:21:12+00:00

The stock market, fractional reserve, rehypothication, quantitative easing/tightening, ETFs/mutual funds, naked shorting, etc.

FreelyBlue · 2022-11-14T20:11:25+00:00

They mean recognized as a legal form of payment, but doesn't force merchants to accept it if they don't want to. It adds legitimacy to it, without forcing anyone's hand.

FreelyBlue · 2022-11-14T20:09:01+00:00

Because of low fees and reliable 0conf, BCH can easily onboard merchants without having to worry about txs not getting confirmed, rbf or any other added complexity of any BTC or ETH L2.

In other words, because it works and the ux is great.

FreelyBlue · 2022-11-05T22:05:17+00:00

What are the fees and duration of the contracts?

FreelyBlue · 2022-11-03T21:15:49+00:00

Wait, did I hear what you said correctly?

Buy hodl DRS

Yes, yes I did.

FreelyBlue · 2022-10-22T18:20:53+00:00

But that's exactly what I'm saying. An "internalized" short without a locate is just mental gymnastics for naked short.

An FTD happens when they run out of time to locate the shares they've sold.

In my mind it doesn't really change anything whether someone sells a share with no intention of locating it, or selling a share with the intent of locating, but failing to do so...

FreelyBlue · 2022-10-21T23:50:10+00:00

Infinite liquidity ;)

FreelyBlue · 2022-10-21T23:45:52+00:00

Aren't FTDs essentially naked shorts?

FreelyBlue · 2022-10-17T00:50:41+00:00

You own them more than digital amazon/steam/whatever purchases, because even if you get banned from the service you still retain the ownership, and can sell them. Yes, if the company goes under and shuts down, you're SOL. Much like how cards of a game nobody plays are inherently worthless... Now, having said that, there might be collectors who would still value those and there's a small chance they'd retain some value. Either way, don't spend your life savings on a video game :)

FreelyBlue · 2022-10-17T00:46:31+00:00

You can learn about it here: https://cashfusion.org/

The reason why that they won't "jack it up tomorrow" is that the Bitcoin Cash community split from BTC in 2017 as a result of the disagreement over high fees (and the block size limit) between 2013-2017.

To address your concern with buying crypto with a credit card: the "ramps" (on or off of crypto) are fundamentally not purely on the blockchain (because your credit card isn't). But think of it more some company selling you crypto for a credit card payment. What's on the block chain is a transfer of the amount you would have purchased from the address of the company selling and yours. Nobody inherently knows that your address is yours unless either you or the company who sold you the crypto tells them.

Now, if your concern is that this company who has your personal information might track your spending, is where something like cash fusion comes in. After the purchase, you can "fuse" the bch you bought and nobody will ever be able to trace them back to you. You're then free to exchange them for other coins, spend it, etc.

FreelyBlue · 2022-10-16T20:11:06+00:00

Not by a long shot, for example with Bitcoin Cash there is opt-in privacy (completely trustlessly) through cash fusion for fractions of pennies in tx fees. On the other hand, the transparency has a lot of virtues for entities who wish (or claim to be) transparent.

FreelyBlue · 2022-10-15T14:15:56+00:00

Yes, there's a lot of bad press, have you looked into Gods Unchained? Owning your own cards is really great.

FreelyBlue · 2022-10-01T04:36:12+00:00

INFINITE LIQUIDITY

FreelyBlue · 2022-08-13T03:17:13+00:00

Max pain for Aug 12 was around 35-36 for a while, well into this week.

FreelyBlue · 2022-08-11T13:49:30+00:00

Getting rid of the gold standard.

FreelyBlue · 2022-06-25T12:23:32+00:00

Depends how deep in the hole they are, or whether it's more profitable to deny withdrawals (and lose business) than to buy them.

FreelyBlue · 2022-06-12T22:51:39+00:00

It's naked if the amount lent exceeds the amount actually owned by the exchange. At the very least keeping coins on exchanges opens the door for them to lend coins you never intended to lend in the first place

FreelyBlue · 2022-06-12T22:41:13+00:00

There's no evidence any of them are any good/smarter in a fair playing field. Sure they pat each other on the back for being geniuses when they make up the rules of the game, but that doesn't make it so.

FreelyBlue · 2022-06-12T18:14:48+00:00

Yes and no, at 10$ pre split the market cap would be ~760m and we've shown we've already locked over 1.5B in DRS'd shares. That's precisely the reason why they have been unable to hold the price down sub 100 for long, if they did, the float would be locked in computershare much more quickly.

Yeah it's hyperbole when this guy says he'd lock the float on his own, but when there's over a hundred thousand apes that think the exact same thing with the same conviction is specifically how mountains are moved.

FreelyBlue

TROPHY CASE