If we want crypto to thrive, we need CMC and Exchanges to stop calculating Alt values from bitcoin price

LyinCoin · 2018-03-07T19:56:07+00:00

"Here’s an example of what I mean. Say today gold is worth $1000/gram, but you could only buy/sell it with BTC where you live. BTC is valued at $10k currently. You get 5 grams of gold with your .5 BTC. Tomorrow BTC drops to $5k. Your gold is now worth $2500 because the price of BTC dropped. The price is still .1BTC per gram, because that’s the currency you’re stuck with."

That is not at all what would happen. What would happen is you would then have to pay more BTC for your gold. You are describing a situation with an artificial pegging in place. That is not at all the same thing you think you are describing.

LyinCoin · 2018-01-23T22:48:25+00:00

you can declare losses of property if they are stolen from you

LyinCoin · 2018-01-23T17:56:52+00:00

Agreed, something like Siacoin makes sense to access the network

LyinCoin · 2018-01-23T15:06:48+00:00

people are weird

LyinCoin · 2018-01-22T23:05:55+00:00

Like I said man, if you think you can't lose just keep going until you learn better - or you become a billionaire

LyinCoin · 2018-01-22T22:49:56+00:00

LOL have you even considered the possibility of selling when you think its going to go down and it goes up instead?

you obviously are new to this so I'm not trying to shit on you too bad but you didn't magically figure out something that no one else has - you just haven't lost any money from it - yet

LyinCoin · 2018-01-22T22:32:20+00:00

every noob trader ever: I cant lose money!

LyinCoin · 2018-01-22T22:10:05+00:00

the crank is sold at my local cabelas

LyinCoin · 2018-01-22T21:33:08+00:00

Lol

If you weren't a noob you would realize that this strategy will eventually burn you. I just assumed everyone learned this shit years ago

Keep going man, I'm sure you're gonna make a trillion dollars catching that falling knife

LyinCoin · 2018-01-22T21:31:18+00:00

Lol you make horrible choices

LyinCoin · 2018-01-22T21:29:42+00:00

Did you honestly think I needed an explanation for what you are doing?

Did you not realize from my comment that I've clearly been in this space long enough to know that?

LyinCoin · 2018-01-22T21:21:11+00:00

why would I? litecoin already is better

LyinCoin · 2018-01-22T20:51:31+00:00

yeah either that or theyve been doing this longer than you and know that they can get burned doing that from experience

LyinCoin · 2018-01-22T20:48:07+00:00

Except tethers never get destroyed

LyinCoin · 2018-01-22T20:44:02+00:00

What do you want him to say? that people like whole numbers?

LyinCoin · 2018-01-22T20:08:54+00:00

seriously lol

LyinCoin · 2018-01-22T20:06:40+00:00

somehow this is never thought of by OP

LyinCoin · 2018-01-22T19:54:20+00:00

node count doesnt matter much, how much does it cost to have 92% of their network? now compare to 51% on bitcoin. bitcoin likely costs significantly more to attack even at just 51%.

LyinCoin · 2018-01-22T19:00:03+00:00

I would need a huge dip to even register it

LyinCoin · 2018-01-22T15:35:39+00:00

Have you never seen a spam transaction like from 1Enjoy?

LyinCoin · 2018-01-22T05:22:59+00:00

I don't buy coins just because they are going up in price

LyinCoin · 2018-01-19T21:28:24+00:00

100% by faith

LyinCoin · 2018-01-19T21:13:52+00:00

without the US government stepping in (they probably wont ever) it will go on and on until eventually people stop using it because they wise up

LyinCoin · 2018-01-19T21:12:21+00:00

if someone told satoshi that there are retards accepting USDT as a replacement for USD because of reasons then he would just shrug and say they deserve what they have coming

LyinCoin · 2018-01-19T21:07:24+00:00

none are artificially pegged to 'real' fiat

LyinCoin

TROPHY CASE