Originally posted by Old Greg
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Cryptocurrency
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"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain -
Originally posted by AtW View PostIt’s generally a good idea to think about consequences (especially easily predictable) of ones actions."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostSo no more stupid posts from here on?Comment
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Deutsche Borse Exchange to List New Bitcoin Exchange-Traded Product
London-based investment firm ETC Group plans to list a bitcoin-backed security on the German electronic trading market later this month.
The firm announced Tuesday the exchange-traded product (ETP), called the Bitcoin Exchange Traded Crypto (BTCE), is the world’s first centrally cleared derivative crypto asset, and would be listed on Deutsche Borse’s Xetra market based in Frankfurt, Germany.
Central clearing is a tool used in the European derivatives market to bolster stability by ensuring a financial institution takes on counterparty credit-risk. The crypto security is also backed by bitcoin, with each share giving the holder a claim to a specific amount of the cryptocurrency. According to the company, the physical bitcoin would be stored in a cold vault, meaning one not connected to the internet, operated by Palo Alto, Calif.-based custodian BitGo.
“Investors get the benefit of trading and owning bitcoin through a regulated security, while having the option to redeem bitcoin if they choose,” said Bradley Duke, CEO of ETC Group, in a press statement emailed to CoinDesk.
“It really is a hybrid ETP product that has the same features as an ETF [exchange-traded product]. Because it’s a single asset instrument it doesn’t qualify to be an ETF according to the European fund regime,” explained ETC in an emailed statement."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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What's the latest from the mugs who bought into the hype and acquired "mining" hardware, how is it going now, status report please.Comment
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Originally posted by AtW View PostWhat's the latest from the mugs who bought into the hype and acquired "mining" hardware, how is it going now, status report please.
A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless | Mining Bitcoin NewsFirst Law of Contracting: Only the strong surviveComment
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Many of those non-profitable miners transferred their remaining bitcoin to the exchanges over the weekend, suggesting we're about to see a so called 'miner capitulation'.
Who knows..."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostMany of those non-profitable miners transferred their remaining bitcoin to the exchanges over the weekend, suggesting we're about to see a so called 'miner capitulation'.
Who knows...
What does the Satoshi value tell you? Lambos are forthcoming?Comment
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Originally posted by DimPrawn View PostWhat does the Satoshi value tell you? Lambos are forthcoming?Comment
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