Bitcoin Arbitrage (extension) · GitHub

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

On the new batch of comments to the SEC about the SolidX ETF, some honorable mentions, and some negative comments

The SEC just posted a new batch of 286 comments on the SolidX ETF, bringing the total to 1147. I am skimming through them and posted some of the best already to this sub.
The vast majority are short comments, obviously submitted in response to some mail-in campaign. The names sound very much like the invented ones of spam emails that I have been receiving for years. A telling detail is the lack of a middle initial.
They also mostly repeat the same arguments, and many are obviously written by people who don't understand what is the ETF, only that if that SEC thing approves it then the bitcoin price will go to the moon. I have just seen a dozen that start with the same phrase "I hearby[sic] state my acceptance and full support..."
Some are so sloppy that they submit with one name but sign with a different name.
Here are some honorable mentions:
A few negative comments:
submitted by jstolfi to Buttcoin [link] [comments]

BEAR market coming...

Hi guys,
The huge bull market we've seen in the recent months has let the market cap grow roughly ten times with some (roughly) 100 billion $ paper valuation created and enriching early entrants, traders and even anyone who bought more than 2 months ago.
For all who think they're geniuses because they're up 20% 50% or even 100% ONLY i've got bad news, bull markets in whatever asset don't last forever. You can't expect over 1000% quarterly (or monthly !) every quarter !! do you math its just impossible and its not gonna happen
The market is overbought by any metric. i'll take the simplest one, the monthly RSI. well I see it at 88 on BTCUSD, 97 (!!!) on ETHEUR, 80 on XRPBTC but if we made one for XRPUSD it zould probably be close to 97 as well...
Its been an incredible rally and actually i've missed myself all of the recent leg. of course i feel like a total idiot considering my last ETH around 90 EUR and most of it at even lower prices, still at the time RSI was ALREADY overbought, and i was up my initial stake x13. anyone picking up my ETH at 90 would have to wait 1300 EUR, another x4 to match such performance.
Guys you have to forget those 10% or 20% moves and look at the big picture. In ETH, there was a huge move up, and just MEAN REVERSION (i'm not even talking about trend change) would take us back to near double digits...current MA10 is 65 EUROS. I see a zone around 65-95 which looks as a natural target for mean reversion, and 25-40 looks like the big long term support zone from which the parabolic move began.
for BTC, mean reversion is somewhere around 800-1200 EUR for XRPBTC 4000 satoshis, i let you do the math using BTC target
Of course if such a move happens, there will be some abrupt moves down but also some powerful rallies in between (50% or more) and this scenario would take months to unfold.
After which, the new direction will be dictated by whatever new events happen (example. bullish a smaller country endorsing a cryptocurrency as its currency. bearish: govts forbidding crypto, finance industry implementing their own blockchains with instant cheap international settlements)
As for fundamentals i can see some good arguments to why crypto market cap should be worth (much?) more than 1 trillion but I see also some good ones why it should be worth only perhaps only 50% or 20% than now, and on top of that maybe with some currency which does not yet exist being most of it.
But whatever, what matters to me is the that the market is way overbought. Bitcoin experienced a similar powerful rallies in 2013 with highly overbought RSI the result was 259->63 a 75% drop and then 1163->152 an 87% drop...
Independently of crypto being revolutionary etc...and PERHAPS having the potential to be worth more in the future, i believe we can have losses of this magnitude and a bottoming process which last months if not years before the market changes direction again.
Shorter time frames (weekly, daily) show sign of divergence (RSI, volume) and some trendlines taken out. Don't forget in a bubble that the demand is highest at the peak of the bubble. Don't forget that for every buyer there has been one seller. there has been peak demand in the last month and the big whales have been cashing out.
No one is buying crypto to "use" it. everyone is buying it in hoping to sell it at a greater fool. but the chart is telling me we're running out of greater fools. Also who is REALLY making money in this market ? the small hodler who bought at 350$ a few thousands worth of ETH ? or those guys who have sold ICO TOKENS one shot for hundreds of millions of USD to the last bunch of amateur speculators ? My point is that those who are CURRENTLY making huge money in this market and the WINNERS are the guys selling now, and selling AS MUCH AS POSSIBLE (through ICO s !!!) and if you're not a winner, then .... you're probably the greater fool....
Bull markets are fun but if/when the momentum starts to turn and we have paper valuations decreasing by 1 billion every percent and we start to have double digit moves, the big holders are gonna rush for the exit... there is huge pending ICO related supply and lets not forget the mining supply as well.
We don't need any "news" to go down, an overbought bubbly market just collapses on its own weight and the more stretched it is the more violent is the snap back. When it happens, victims of the bear market will find excuses with "we could not have forecast this hack or this thing happening", the real story is that every bubble pops
by the way there will be no safe haven apart FIAT. if BTC, ETH XRP go down then it will drive the whole market down with it.
TLDR. i'm recommending to people to cash out as much as possible, and be in "trading mode". there is huge volatility and there will be a lot of opportunities.
Disclosure: very small long strategic position in crypto. focused on intraday opportunities and algorithmic trading and arbitrage. so far the market has been good to me since i cashed out, making money little by little, no big gains, but with almost no risk. i would start to go strategically ong again only if we get nearer to monthly moving averages. Before it happens, only trading positions with a short time frame. (and of course : NEVER SHORT CRYPTO !)
submitted by GrossBit to ethtrader [link] [comments]

Current Bitcoin Carbon Emissions. The numbers. Can we discuss please?

I received a PM from a redditor about a old comment. His PM reads -
So back 10 months ago I posted this comment and you responded with the most reasoned response about the entire Bitcoin network emitting less carbon than a single 747. It made me feel much better about Bitcoin. It also confused me this past few weeks with people posting stories stating that Bitcoin will soon use nearly 0.1% of the world's energy and already consumes more power than every single solar panel in the entire world produces. Those two don't really square, so I looked back and the article you reference was from 2014. I'm curious if you've reevaluated your stance on bitcoin or perhaps have some insight that the current hysteria is just overblown?
Since I've spent the time doing some napkin math (I could be horribly wrong on this, someone please correct me!), I thought I should make this post public for everone to evaulate my maths and my reasoning.
First, I would just redirect to AA's great clip on the subject -
https://www.youtube.com/watch?v=fExR-IKozOY
As for re-evaluating my position, yes, constantly. Im going to do this really quickly, so unsure of accuracy, but should give a rough ball park.
http://www.yousustain.com/footprint/howmuchco2?co2=761+tons
Says its about 761 tons for a 747 to fly 24 hrs.
https://www.thebalance.com/how-much-power-does-the-bitcoin-network-use-391280
Claims 1 watt per 1 second gigahash. Comes out to 343 mW per second. Thats 1234800 mW per hour, which equals 29635200 mWh for 24 hrs. The formula used to calculate megawatt-hours is Megawatt hours (MWh) = Megawatts (MW) x Hours (h). In this case, I've used 24 hours since we are comparing to 24 hours of a 747 flying, so 24 MWh. So currently btc mining has a rate of 1,234,800 per MWh.
Putting 29635200000 (previous mWh * 1000 for kWh) into this government calculator will give you caron comparisons. That calculator claims an equivilent of 2,481,717,074 gallons of gas consumed. Yes, thats nearly 2.5 billion.
To make this comparison more comprehensible....
https://www.eia.gov/tools/faqs/faq.php?id=23&t=10
In 2017, about 143.85 billion gallons (or about 3.40 billion barrels1) of finished motor gasoline were consumed2 in the United States, a daily average of about 391.40 million gallons (or about 9.32 million barrels per day).
This would be equivilent of 6.33 days of gasoline usage in the USA for a single day of mining.
So go go back to our airplane analogy, the carbon calculator says that many mW = 22,055,020 metric tons of carbon emitted.
I do recall looking into the airplane thing back when we were discussing it, and I remember looking at the numbers. Frankly, its impossible to believe those were accurate and im sorry. I should have double checked everything.
According to - https://charts.bitcoin.com/chart/hash-rate
We had around "5EHash" in august of 2017, when that comment was made. We are now at 31EHash, over a 6x fold since that comment was made.
Now that we have the numbers out of the way, some things to consider...
These estimates are based upon the USA's carbon calculators which measures average carbon output based on the varying technologies in the US. According to the wiki the US only is around 12% (in 2016) for renewable energy.
So in general, our energy is pretty damn dirty and we put out a lot more carbon than we sequester.
In that AA video, he talks about the geolocation arbitrage used by miners. This makes a lot of sense. If you are going to invest 50-500 million into a mining operation, are you going to do it in a area where it costs 12 cents per hour (US average), or where it costs 3-4 cents per kwH? See -
https://www.forbes.com/sites/dominicdudley/2018/01/13/renewable-energy-cost-effective-fossil-fuels-2020/#1c69d08e4ff2
Obviously you are going to massively reduce your operational cost as that is what will lead your investment to become profitable.
Fortunately for us, and the world, many of these arbitrage opportunities are in hydroelectric and geothermal energy areas. These plants are designed to be future proofed, so enterprising mining congolmerates will move to areas where they can secure very cheap energy prices. When these companies are currently using 5-15 GwH for their cities, with 50 GwH capacity, they will happily sell their extra capacity to the mining operation since that is a very favorable economic incentive to all parties.
Another factor to consider is that for every single new ASIC design, they are becoming more energy efficient. So even though the hashrate is jumping, I would say the overall energy used by the network will plateau, if it has not already done so. With GMO and other giants like Samsung entering the mining design fray, this will only speed up energy efficiency.
None of this is intended to be a sidestepping of the facts - Clearly the bitcoin network uses a lot of energy. And when you have less regulated countries (china, India), it presents opportunities for locals to setup mining operations inside their locality, which then uses dirty energy, increasing carbon outputs.
The amount of carbon emissions per day (22,055,020 metric tons) that is above is obviously not very accurate when you account for these arbitrage opportunties. We know for a fact many of the largest mining colo's are situated near hydroelectric and Geothermal energy plants, which means that they are practically zero carbon emissions. Since we do not know the location of every miner, due to the decentralized unregulated nature of bitcoin, it is impossible to calculate how much of a reduction of tons of carbon we will get for that calculation.
But even if we are generous, and say 50% of all mining is done on renewables, that still leaves 11 million tons of carbon per day, a pretty staggering amount.
There is also much to hope for with scientists claiming we can be 100% renewable energy across the entire planet. Such as scientists setting to prove through empiracle data that it is feasible to convert the entire planet to 100% renewables. Though it is probably not realistic that this will happen quickly, or even at all. To give perspective, CFC's have been banned for decades and thought not in use for over a decade, yet recent data has shown levels are increasing. There will always be industry willing to destroy the world in the future for short term profit now.
We should also weigh the costs and benefits of this massive network. If bitcoin becomes adopted across the world as a currency, which if you look at places like Japan, it clearly is, then this will enable literal billions of people who are currently unbanked to join into the global financial ecosystem.
The personal financial soverignty that bitcoin brings is of incalcuable value. Whether the carbon emissions are worth these trade offs is a philosophical question that probably does not have an right or wrong answer.
Then we must also evaluate the carbon impact that the bitcoin network would have if cryptocurrencies were to replace traditional financial networks. There are some good analysis on the carbon footprint of banks, and bitcoin mining, coindesk has done several articles, see -
https://www.coindesk.com/microscope-conclusions-costs-bitcoin/
&
https://www.coindesk.com/microscope-true-costs-banking/
If we are properly to examine the impact that cryptocurrency carbon emissions have on society, then we should also examine the reduction of carbon that cryptocurrency networks will have upon the banking sector.
This site Claims AC & Heating results in 47.7 % of the entire USA's electricity usage. This example is just to present a understanding of how much energy these systems use.
How many Banks are there around the world that have their AC on 24/7? I can imagine just that number alone would lead to a staggering level of CO2 emissions. The coindesk article claims 591k bank branches around the world. The above aritcle claims 3.5k watts for a single central air unit. I had a family member that used to run a A/C business and I've been on top of many businesses. A bank will likely have several of those units to keep the place cool, I would estimate between 2-10 depending upon size.
In more good news, Bank branches are declining, and cryptocurrencies will only accelerate this. Lets hope that bitcoin is the amazon of retail brick and mortor closures.
In conclusion, there is a valid and rational concern as to the amount of power that the bitcoin network brings. And instead of being dismissive, we should recognize the incredible rate at which the bitcoin network is growing on an annual basis. From 4.3EHash to 31EHash over the last year, that is about a 8x fold increase.
Since we can assume that the majority of hashpower is coming online in the last year is likely newer models, these units should be at the current efficiencies. The estimates above should be roughly accurate based on this information.
This information will only be used by politicians and media congolmerates to spin a very bad negative impression of the bitcoin network. And you know what? Maybe they are right. Maybe bitcoin is growing into a massive CO2 producing beast that outweighs the benefits that it brings to society.
But how can we reach a consensus on this issue unless we, the hardcore bitcoiners and techophiles, bring the numbers into sunlight and discuss?
submitted by Cryptolution to Bitcoin [link] [comments]

Why so much speculation

Short answer
If people are incapable of estimating the correct number logically, the only method to the answer is by genetic algorithm where cloud wisdom hopefuly takes time to solve and volatility is inevitable.
Long answer
Believe it or not, the valuation of a currency-purpose asset is in fact much easier than the valuation of a stock. To be a currency-purpose asset, a somewhat universal valuation opinion must be among the mass. For a stock, on the contrary, one needs to evaluate many factors such as marketing/product/… and people have different opinions about the possible gain of a stock.
Every asset has a production cost, the piece of paper of stock certificate has little production cost. For currency-purpose asset, the production cost is thought to be independent of W-questions such as "who produces this asset", "where is this asset produced", "how many sale a producer has done", …etc. It is this property that the so-called universal opinion is formed. Money is also supposed not to have capital gain like stocks such as "I will have a generous dividend next year", so there is indeed not a "calculate the present value of all future gain by having a stock" but a "global understanding of the cost to fake/rollback/cheat a trust" for currency-purpose asset.
Let
Story 1 Assume all miners calculate the production cost in the coming 8 years and users are not investors. Let's express price in real term so that weird fiat monetary policy has nothing to do with the following argument we shall focus on.
The equation for cost of the production is 0 = KI + sum(KT - ( F+C(t, t+2)) * P, from t to t+2)
Therefore P = K * (T + I/210000 * 2 )/(F + C(2.41, 4.41)). Note that C(2.41, 4.41)=7.4515 so the miner will sell at least at this price. A user, as a non-investor who never cares P, may buy the coin from the miner and sell the coin for a merchant service/goods who will adjust the service bitcoin-nominated price with P accordingly. For your curiosity, by current data, the P by Story 1 is 3.49444E+11 Joule.
Is the Story 1 reallistic ? Not at all.
What about a miner who is thinking to run the business till t1=3 only. Then C(2.41, 3)=12.5 and this miner can undercut other miners in Story 1. Every users, as non-investors, do not care any bit about P because the user will always need to commit the same real-term service price from the merchant. Being undercut means death, so all the miners will split the pricing logic so that two P numbers, one for time 2.41 to 3, the other for 3 to 4.41; for your curiosity, C(3, 4.41) = 5.3413
Story 2 As the miners competition settled down, the P is not constant any more; there will be two P numbers, one, being lower, for time 2.41 to 3, the other, being higher, for 3 to 4.41.
Is the Story 2 reallistic ? Not at all.
What about a user who starts noticing that the P will increase and being investors is a good deal. While this user may observe the increasing of P empirically but never logically understanding, knowing nothing about math and miners' plan, this user will speculate between market price of P; he might buy at 5000 and see it explode at 10000 and take profit at 6000 (in USD term) and has no idea the 5000 may be much lower than the correct number. Should the P is pricing at the correct number so that there is no room between the two P, speculators are gone and people are comfortable the stable price with store-of-value and media-of-exchange.
Is the Story 2 realistic ? Not at all.
What about a hobby miner wants to be investor too and starts mining from time 2.41 to 3 and never sell all the coins for users but only pay partially little for the electricity while price bullish and keep the rest coins as investment for himself after time 3 ?
Story 3 Being also speculation. While other users investors may increase the volatility (mainly because being without fundamental knowledge but rather TA or market-sentiment orientated traders), this move will shrink the room between the two P and therefore decrease the volatility of P. So the ratio of time 2.41-to-3 miners to time 2.41-to-4.41 miners increases up to the two P are equal then no more new miners of such plan.
Is the Story 3 realistic ? Not at all.
What about there are miners/investors for all possible time frame t0 to t1 in the future ?
Let
Story 4 Therefore, the only setting where no arbitrage for miners and investors is such that P=KT/F and the graph of (Kt + K ) / K is like this.
We know T and F and the ratio of Kt/K, but what is exactly K ?
No one really knows. K could be low or high, one can only guess by observation. We know the difficulty is proportional to hash rate and hash rate is proportional to Kt and K. So you can see the graph of difficulty to have a guess of K. Should the two graph looks similar, we know people are finally logical and feel delight. By the difficulty graph and miners' time frame to amortize fixed cost so that it can be averaged out, taking the current global hash as K and updating it as time goes by may be a good guess. For your curiosity, currently KT/F is 2.13007E+12 Joule.
BUT. It is not logical to assume people are all logical. If people are never logical and never investors, a graph of KT/( F + C(t, t+1) ) which is increasing till KT/F shall resemble the graph of P. If some people are logical and some are not, the empirical graph will be hysterical around and between.
I tend not to comment about pricing in public. But since I know wall street and I know what wall street knows, feeling sad about the mass, bear me. I thought these information could leak to the mass if there were future contracts after each halving date, but no luck for such contracts.
Credit: not me. I knew this long after someone knew it.
submitted by LucSr to BitcoinDiscussion [link] [comments]

Empirical Cryptoeconomics

Now that the Ethereum infrastructure is becoming increasingly mature, I thought that it would make sense to try to do some empirical tests of just how effective some of the cryptoeconomic tricks that we're been developing are. To that end, I wanted to throw out some proposed experiments that I would live to see community members take on; if you want to do any of them I'll be happy to offer any advice, and if your work is of sufficient quality it may even be worth a DEVgrant.

Market Manipulation

A large number of mechanisms that people have looked at on top of Ethereum have to do with using market prices as inputs into decentralized autonomous processes. A common example is futarchy, where an organization makes decisions by launching a pair of prediction markets on some publicly verifiable metric (eg. user adoption, its own stock price, happiness survey results), where the first market is denominated in a currency which pays out $1 if the company makes decision A and $0 otherwise, and the second market is denominated in a currency which pays out $1 if the company makes decision B and $0 otherwise. The theory is that the first market only has value if decision A is made, and so reflects the market's opinions on the likely value of the metric if decision A is made, and likewise with the second market for decision B. Whichever market shows a higher price, that decision is taken. For example, we may want to launch a pair of prediction market on some metric such as the price of ether, mining difficulty (reflecting the power of the network), etc, where the first market is valid if the Serenity release includes a line of code to increase the balance of the Ethereum Foundation's address (or possibly some other foundation's address, or some DAO's address, etc) by 4.5 million ether to pay for a greatly expanded and prolonged research and development effort, and the second market is valid if no such thing is done. The markets would then determine whether the market is more optimistic about the given metric (price, difficulty, etc) if the extra issuance is done or not.
The efficient market hypothesis essentially states that such markets work reasonably well, ie. if by publicly available knowledge (strong-form EMH also includes private knowledge but is much more controversial) the expected return of a token is p, then the price should be roughly p. The argument is this: if the price is q < p, then there is an opportunity for people to buy the tokens at q, sit on them and reclaim an expected p, and thereby earn an expected p - q arbitrage profits. If the price is r > p, then people can short the tokens, and earn an expected r - p arbitrage profits.
However, the strength of this "arbitrage force" is not infinite: there may not be many market participants with enough information to feel comfortable making such trades, and furthermore trading on the market exposes you to great secondary risk. For example, suppose that a company is deciding whether or not to hire a given CEO, and is making a prediction market on their revenues for the next 5 years in the cases of (i) them hiring the CEO and (ii) them not hiring a CEO. Suppose that you somehow know for a fact that hiring the CEO will add $5 million to their future revenues. However, the current expectation of the company's revenues is $1 billion, and really it could be anywhere from $500 million to $1.5 billion. Suppose that you see this market, and the CEO's cronies have secretly shorted the no shares and bought the yes shares, and thereby inflated the difference to $30 million; the CEO is using this information to demand a $10m salary. Would you be willing to buy no shares and sell yes shares? Not necessarily; assuming each share on the market represents a millionth of revenue, your expected gain from buying a no share and selling a yes share is $30 - $5 = $25, but depending on which way the decision goes you are also exposed to anything from a loss of $500 to a gain of $500 because of all the other factors affecting revenue, and you may not be willing to accept that risk. Hence, the empirical question is, under what circumstances is the arbitrage force strong enough to overpower manipulators?
There are reasons to believe that, in fact, prediction markets will be among the most manipulation-resistant; unlike stock markets, where stock prices may be predicated on revenues 50 years down the line with great uncertainties, and where shorting is difficult and exposes you to a liquidation event if the price further goes up temporarily to a level above what you can pay, prediction market shares are about a specific event and usually have prices bounded within some specific range so there are no liquidation risks for shorters (this is definitely true for LMSR-style systems). However, even still the empirical question remains of just how good they are.
Here are some proposed experiments that could be done on Augur, Gnosis or whatever else:
  1. Launch a prediction market on "what will the output of this smart contract be on Mar 30, 2016?". The contract will be simply and verifiably coded to output 5. Launch a separate smart contract where some specific set of users is rewarded if the average market price exceeds 5; the more it exceeds 5 the higher their reward. This encourages them to try to manipulate the market upwards. See how well the market manages to keep the price close to 5.
  2. Same as (1), except instead the smart contract returns either 0 or 10 depending on the value of a random bit (eg. a block hash); the expected value is still 5 but there is now risk.
  3. Same as (1), except this time we launch two markets: one where the smart contract pays ethereum_blockchain_difficulty / 1 trillion + 5 and the other pays just ethereum_blockchain_difficulty / 1 trillion. Reward the manipulators for pushing the difference in prices above 5. To make the problem favor the manipulators more, reduce the 1 trillion constant to something lower. This simulates the "should we hire the CEO" example.
  4. Same as (3), but replace 5 with a constant X that is only revealed to a select team. Use an interactive protocol to commit to the constant, so that they are convinced that you will need to input a value into the smart contract and that value can only be X, but set the protocol up so that they cannot prove X to others.
  5. Same as (3) or (4), but randomize and privately reveal the direction in which the manipulators are incentivized to manipulate.

Bribe Attacks

A lot of DAOs on ethereum are starting to look at voting mechanisms for decision-making. Can we bribe participants to vote in specific ways? Here's one interesting live experiment: use BTCrelay to trustlessly bribe bitcoin miners to vote for the Classic fork on blocks where block.number % 4 > 0 and Core otherwise (the weird bribing rule is chosen so that (i) it doesn't actually affect the outcome of the decision, as the threshold for Classic is 75% and so assuming Core and Classic miners are equally susceptible to the bribe it should proportionately shrink p-0.75 (where p is the percentage of miners that vote for Classic) and not change the sign, and (ii) so that we can actually tell how many miners are taking the bribe and don't have to argue about whether or not they took the bribe because they wanted Classic to succeed anyway).

DAO 51% attacks

Another attack on DAOs is the simple "buy 51% of the shares and use them to vote to give yourself 100% of the money" attack; in corporate land, this (and much more subtle versions of this) is essentially the reason why shareholder regulation exists. One possible countermeasure is to build in a cooldown period so as to let people pile in even more money on the "good guy" side if such an attack takes place, preventing the vote from passing through and even allowing the good guys to in turn disenfranchise the attackers. Make a DAO to empirically test this.
(Note: this is essentially equivalent to the arguments around P + epsilon attacks)

Quadratic Voting

Quadratic voting has seen a lot of attention recently as an incentive-compatible voting scheme. The idea is simple: anyone can make k votes for a decision by paying k^2 tokens; from there it's just a majority vote. The theory is that if someone gains x from a decision being made, and each vote has a probability p of being pivotal, then they have the incentive to keep buying votes for as long as the price of the next vote is less than px. Because the total price of k votes is k^2, and we know from calculus that the derivative of k^2 is 2k, users will have the incentive to keep buying tokens until 2k > px; hence, they will buy k = px/2 tokens. You can see from this math that the number of tokens that a voter buys should be proportional to x, ie. the amount that they gain from the decision being made. Hence, the number of votes that a voter makes should actually reflect the strength of their preference, and not just which option they prefer.
We can empirically test this by setting up a quadratic voting DAO, and setting up choices that give users very obvious incentives. For example, the DAO could choose between decision A and B, where A gives user u[1] x[1] coins, user u[2] x[2] coins, etc, and B could give user u[1] y[1] coins, user u[2] y[2] coins, etc. We can then let these users vote, and see what the correlation is between whether sum(y) > sum(z) and whether A is chosen or B.
submitted by vbuterin to ethereum [link] [comments]

Lightning Strike

Lightning Strike
How the second-layer solution for the Bitcoin network will (or will not) create a revolution in the crypto exchange industry: Swap.Online review
https://preview.redd.it/b65n14mo4cd11.png?width=1000&format=png&auto=webp&s=4c699ccef4582995ca727802cbfe8408615a2792
Scalability Is Sending a Message
In November 2015, Bitcoin was worth some $450. The vast majority of nowadays problems related to the world of cryptocurrencies remained either totally unknown and unpredictable or had been a province of few cryptographic geeks. By the way, it was blockchain developer Joseph Poon and Thadeus Dryja, Ph.D. in cryptographic primitives and network security at the University of Virginia who (i) prominently spelled out the main alarming limitations of the Bitcoin network in commercial and technical regards and (ii) suggested the solution for these issues is to be found off-chain and only off-chain.
In fact, they contributed to the discussion that would later be called an ‘ideological battle over Bitcoin’s future’ — the Bitcoin scalability problem debate. While the understanding of both realized and proposed ways of this problem’s solution requires a high-degree knowledge in applied maths and coding, the problem itself can be described in a nutshell.
Initially, one block size in the Bitcoin network is limited to 1 MB. As the quantity and amount of transactions grow, it is not enough anymore. Confirmations time-outs are getting longer, while the transaction fees are getting higher. It results in the loss of commercial attractiveness of Bitcoin solutions since no one prefers to pay more and wait more. The situation has to be resolved as it is about the future of both the applied and theoretical dimensions of blockchain.
Obvious Problems, Controversial Solutions
On the face of it, there are two mainstream ways to solve the Bitcoin scalability problem. Adepts of first way proceed from the understanding that the block size is the only limitation to the transaction throughput. So, they say, this limit is to be increased if not removed once and for all. During the years 2015, 2016 and 2017, a series of solutions of this kind was proposed by the Bitcoin developers community. Among the successful are Bitcoin hard-forks, namely Bitcoin XT, Bitcoin Classic, Bitcoin Unlimited and the most popular and viable, Bitcoin Cash. In accordance with their rules, the block size was expended, at first, to 2 MB. Now, the last Bitcoin Cash core update released on May 15, 2018, allows to enlarge the block size up to 32 MB. This process itself generating controversy and anxiety in the world crypto society was followed by the cascade of partially successful ‘agreements’ (Hong Kong, New York etc.) through which the fractions in Bitcoin community tried to implement a new consensus on mining, thus allowing to enlarge the block size to 2 MB.
The very popular Segregated Witness or SegWit solution is a Bitcoin soft-fork, allowing to increase the block size in another way. It splits the transaction into two segments, removing the unlocking signature (“witness” data) from the original portion and appending it as a separate structure at the end. After that, the block (‘on-chain’) size is increased as signatures are ‘expelled’ from the blockchain. Since the volume of signatures is some half of the full transaction volume, the limit for the block size with the SegWit is around 1.8 MB. SegWit also addresses the issues with malleability. Signatures are impossible to change after being moved out of the transaction data. Marked as a ‘clever hack’ by the Bitcoin Magazine, the SegWit is now among the most popular Bitcoin scalability solutions. Activated on August 24, 2017, with the Bitcoin block number 481 824, SegWit reached the 10 per cent market penetration in two months. Now every 2 of 5 Bitcoin transactions are handled via SegWit. And that is really a lot.
SegWit Transactions Percentage in the Bitcoin Network. Impressive, isn’t it?
Adherents of the second way suppose that the increase of the volume of the block is only a poor remedy for the Bitcoin network scalability problem. According to them, the pivotal problem is blockchain overload, so, the transactions should be conducted without the use of blockchain as it was generally accepted up to nowadays. They observed that some transactions can be handled ‘above’ the blockchain, or, if you will, on the second layer. So, the proponents of this approach stuck to the ‘Second Layer’ solutions.
Unloading The Blockchain
The Lightning Network ideologists Ј. Poon and T. Dryja asked in their whitepaper: “If a tree falls in the forest and no one is around to hear it, does it make a sound?” They compared the transaction between our familiar Alice and Bob to a tree in the forest. “…if only two participants care about an everyday recurring transaction, it’s not necessary for all other nodes in the Bitcoin network to know about that transaction. It is instead preferable to only have the bare minimum of information on the blockchain”, they declared.
There’s a plenty of Lightning Network schemes in the Internet, I had a hard time finding a clear one for you. Have a look: only two peers know the full information about the transaction with only critical data saved in the blockchain.
To put it at its plainest, in the Lightning Network, if Alice and Bob come to the agreement that the tree fell down at 2:45 PM, it is true without regard to public opinion. Their agreement that before the transaction Alice had 0.5 BTC and Bob had 0.4 ВТС, then after the transaction, Alice owned 0.6 BTC and Bob should content himself with 0.3 BTC, is secured by the hash-time lock contract. This transaction is atomic: it is to be finished only in case of bilateral recognition. Thus, there is no way for fraudulent payments: if the transaction is not broadcast within the timeframe defined in the contract, then it is considered null and void. The channel the transaction is sent through is live only for the time of the swap.
From The Idea to Mainnet: Lightning Solutions Development
Unlike the Rayden second-scale solution for the Ethereum ecosystem, which is solely developed by Brainbot Labs, there is a couple of teams working on Lightning Network in parallel. Moreover, the commercial and non-commercial implementations of Lightning are being developed separately. Non-commercial implementation of Lightning is researched by Digital Currency Initiative of MIT Media Lab (project LIT). Commercial implementations are being developed by Blockstream (project Lightning Charge, see the wide range of specifications proposed by Rusty Russel, one of the most well-known Lightning contributors), Lightning Labs (project lnd) and ACINQ (project Éclair). Now, every abovementioned team presented the beta version for the developers and those who would like to test its features with a dummy amount of coins. The up-to-date condition of the Lightning Network connections worldwide can be found here. At the time of publication, it consists of 2699 nodes and 7403 channels with a total capacity of $0.6M.

Lightning Network Channels Live. It’s no great deal at the time, but it is increasing day by day.
Why does it matter? There are four main spheres of use the Lightning solutions can be implemented in. Firstly, it is the huge sphere of instant payments. With its prompt speed of operation, Lightning Network can bring the Bitcoin close to the b2c-payments, replacing Visa and MasterCard. Then, it is the trading (or exchange) arbitrage. There is presently an incentive to hold funds on exchanges to be ready for large market moves due to 3–6 block confirmation times. It is possible for the exchange to participate in this network and for clients to move their funds on and off the exchange for orders nearly instantly. Micropayments, e.g. machine-to-machine payments in amount of some Satoshis are also waiting for a solution of that kind. Finally, it can open new levels for applied financial smart contracts and escrow as the third parties are totally expelled from the chain.
Swap.Online x Lightning Network: Long Drive Ahead
Swap.Online, as an OTC crypto marketplace, has a lot of common grounds with Lightning Network solutions. First and foremost, it is due to our special interest in the swaps with Bitcoin. It seems to be really appreciated by the market, since the most popular and advanced modern decentralized exchanges support only ERC-20 tokens. We decided to emphasize the possibility of Bitcoin atomic swaps, since it remains the most popular and attainable cryptocurrency. Then, the Lightning Network focus on the machine-to-machine payments and micropayments in common is coincidental with our b2b-product — Swap Button, the tool for receiving the investments in crypto. Finally, big and experienced traders are obviously interested in high-technology, as instant swaps will eventually switch to the Lightning Network. As a result, we have a strong interest in the research of Lightning algorithms.

Swap.Online Essential Links

Website: https://testnet.swap.online GitHub: https://github.com/swaponline Email: [email protected] Telegram: https://t.me/swaponline Facebook: https://www.facebook.com/Swaponline Twitter: https://twitter.com/SwapOnlineTeam Wiki: https://wiki.swap.online/ Bitcointalk: https://bitcointalk.org/index.php?topic=4636633
submitted by noxonsu to SwapOnline [link] [comments]

How I am trading into more Doge through exchanges

Credit given where credit is due, this thread was my motivation for writing this. Also I didn't want to hijack someone else's thread via their comments.
I have been trading in Doge for a little while now, which is a relative term considering Doge is a month old on Jan 6, 2013.
I have made HUGE mistakes (like accidentally buying where I was selling, because I clicked the wrong thing). But, I have also gotten REALLY lucky with some amazing trades.
Disclaimer:
I am not working fowith Cryptsy. I am just a user and most of my exchange experience has happened there. This is also not a discussion of WHICH exchange to use, use the one you like the most. This is however, a discussion of how exchanging/trading works. Yes, Crypsty gets slow. Yes, I have had 3 hour lags getting Doge in or out of Cryptsy. Yes, I have had money "hung" up on a cancel order. It happens. This is a brand new industry as far as coin-trading goes and there is a ton of computation that is going on behind the scenes. I am also a little more forgiving than others. I also know that some people have had trouble with their support, but I have not.
My rules of trading
First Rule of trading: This is NOT a get rich quick scheme
You have to pay attention, you have to watch the market, you have to spend a lot of time on this and be patient. If you walk away with Doge in play, you'll get screwed. If you jump in at the wrong time with out doing the math, you'll get screwed.
Second Rule of trading: Don't gamble what you cannot afford to lose!
This is super important, because while I was trading someone came in above or below me and totally hosed me a couple times. I have learned to trade in smaller amounts. This means less benefit in the end, but less risk as well.
I know Cryptsy isn't well loved here, but I have used it as well as 3 other exchanges and I like it the best. The reason I stick there is that you can see "nearly live" what is going on. I say nearly, because there are lags. However, most of the perceived lag tends to be trades that are smaller and that auto-trade away before they are worth posting to the buy/sell orders list.
Get a feel for the room before you jump in whole-Doge. Buy and sell small amounts, like the minimums of the exchange, before you do anything drastic. This IS gambling. It WILL bite you in the ass. Trust me, I have had some big losses already.
Third Rule of trading: Buy low, sell high
Always, always, always.
Fourth Rule of trading: Pay attention to fees
Cryptsy charges .3% for selling and .2% for buying. This is a total of 0.005 or .5%. This factors into EVERY trade I make. Let's go with some numbers, see the screenshot here for examples. These are the TIX/LTC numbers for right now, but I will use Doge/LTC as the example.
If you are selling Doge at 222, then to get more Doge than you sold, you have to buy at LOWER than 222/1.005=220. I use 222/1.001=219 to make sure I am always making more than the fees on every trade. Right now, since the highest buyer on the sheets is at 217, it is possible to make some extra Doge if you can buy at 217 as well.
Fifth Rule of trading: Pay attention to the direction of the market
If the market is going up, you need to be careful about selling because the buyers are going to buy higher in 20 seconds than they are right now.
If the market is going down, you need to be careful about buying, because the sellers are going to sell cheaper in 20 seconds than they are right now.
Sixth Rule of trading: Patience
This is a complete reiteration of Rule #1. You MUST BE PATIENT. If you are not, then you will lose Doge. The exchanges are often not immediate, even when there are obvious trades going on. This is because they are doing a ton of computation that you can guess at (because you can see what's trading) and computation of what you can't see, like that guy who buys 10 Doge at 300 when the price is 222. Like I said before, not all the buy/sell orders make it to the list, because not all of them are significant enough to warrant updating your view.
Think about it this way, if Cryptsy moves 12MM Doge in 10 minutes and less than 20% of those are "in the middle trades" between the highest buy and lowest sell, that means that 240,000 Doge moved in hte middle. Each of htese could be anywhere from 100-100,000 Doge at a time. It would take a ton of refreshes to your view, which is servecomputationally heavy as well as heavy in your browser
Seventh Rule of trading: Don't be afraid to cut bait. It's also ok to not cast at all.
If things are going your way, because the numbers aren't working or someone just put in a HUGE buy order above yours, it's ok to back away for a while. It's also ok to not jump in at all. You don't have to trade right now.
If the numbers aren't right, don't trade.
If the Doge are moving too fast, don't trade.
If you're not 100% comfortable, don't trade.
Definitions!!
Arbitrage: trading one currency into another and then into another in order to have more of the original currency. i.e. Doge->BTC->LTC->Doge via the Doge/BTC, then LTC/BTC, then Doge/LTC markets
"Buy low, sell high": A saying that comes to mean that if you sell for more than you buy, you profit. Also, that if you buy for less than you sell, you profit. This is the basis for trading on an exchange.
Buy Order: "I want to buy of Doge at of Doge/BTC" example, I want to buy 10 Doge at .00000025 BTC.
Cryptsy: Is an exchange, there are others in the right sidebar of this page. I use Cryptsy as an example, because that's where I exchange my coins
Doge: Such wow.
Doge/BTC: the value of one Doge in BTC. At the time of writing this, it was .00000025 BTC for one Doge
Dumping: The act of getting a currency and releasing at whatever price you can get for it right this second. Many auto-exchange mining pools will dump mined Doge (or any coin) for BTC as soon as a certain limit you define in your mining account is reached. Much of this is done for profit and based on the belief that BTC is the end-all-be-all, much like USD has been known for a while in the paper-money world.
An Exchange (noun): A place you can put your currency and trade it for another currency.
Exchange (verb): to trade one thing for another, in this case Doge for BTC or Doge for LTC
Fees: There will always be fees, this is how exchanges make money. The total fee for one round of buying and then selling or vice-versa on Cryptsy is .5% or a multiplication factor of .005. Fees for buying on Cryptsy are .002 (.2%) and selling are .003 (.3%).
Mining: using your computers processor or graphics card to solve big ass math equations to earn a crypto coin.
Orders: Requests to buy or sell something in the exchange
Pool: A bunch of people working together to mine at the same time
Sell Order: "I want to sell of Doge at of Doge/BTC" example, I want to sell 10 Doge at .00000025 BTC.
"To the moon": is a play on the phrase "shoot the moon". And a goal that seems insurmountable, but is totally possible since it's been done before (aka Bitcoin). Also, where Doge is going.
Tools I keep nearby:
  • A google spreadsheet to keep track of where I am and whether I am actually gaining ground or not. Sometimes, with lots of quick trades, it's worth stopping to count everything up. This spreadsheet will take into account the current trade values of Doge/BTC, Doge/LTC, and LTC/BTC. While I calculate USD, I am more interested in the total number of Doge that I have.
  • When I sit in one exchange for a while, like Doge/LTC, I will keep a second tab in my spreadsheet with calculated list of values for 1022, 1023, 1024, etc. (this is the current trading values with the decimal and zeros removed). The first column is the "number I am trading at". The second column is, "If you sell at column 1, you must buy below this number". The third column is, "If you bought at the rate in column one, you must sell above this number". Column one is auto-incremented by 1, (=A1 + 1, then fill down). Column 2 is column 1 divided by 1.01 (=A1/1.01, then fill down). Column 3 is column 1 times 1.01 (=A1 * 1.01). Screenshot: http://imgur.com/Up7r2ra
  • A calculator. Sometimes it feels good and can be faster to calculate /1.01 there, than it is in a spreadsheet.
  • Caffeine ;)
I hope this helps! Also, please tell me what you think and I'll update with anything I didn't add above.
If something is wrong or you look at it differently, let me know!!
Edits:
  • added definitions, alphabetized them.
  • cleaned up some information that was written quickly and not making sense to some users.
submitted by mbernier to dogecoin [link] [comments]

Bitcoin Miners Can Now Be Charged Extra for Electricity, New York Power Authorities Say

This is the best tl;dr I could make, original reduced by 23%. (I'm a bot)
The New York state Public Service Commission has ruled that power companies can charge higher rates to cryptocurrency mining operations, which have moved into the state's north to take advantage of low-cost hydropower.
The New York Public Service Commission said the decision was needed "To prevent local electricity prices for existing residential and business customers from skyrocketing." According to the commission, cryptocurrency mining operations can use "Thousands of times" more than an average residential customer, and in some cases account for 33 percent of municipal utilities' total demand, without commensurate local economic benefits.
Cryptocurrency mining consumes huge amounts of electricity to power servers which solve complex math equations, recently raising environmental concerns.
The New York decision came as one of the affected towns, Plattsburgh, temporarily banned new Bitcoin mining operations.
As Ars Technica points out, arbitraging cheap power is a widespread business tactic in industries as diverse as aluminum production and marijuana cultivation.
China became a hub of Bitcoin mining in part because of cheap hydropower there, but power authorities there also moved to cut off supplies to cryptocurrency operations last November.
Summary Source | FAQ | Feedback | Top keywords: New#1 mining#2 power#3 cryptocurrency#4 operations#5
Post found in /Bitcoin, /inthenews, /Crypto_Currency_News and /BitcoinAll.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Got an email about bitcoin trying to scam me, for your amusement

Disclaimer: this is obviously a scam, so please don't send any money to this person.
Got this email with the subject line "[ATTENTION SENIORS] If you have $20, this explosive cryptocurrency could change your life"
https://imgur.com/a/F6E7L
So, of course, I immediately clicked on the link, curious which alt coin they were pushing. The link was to http://pro.wallstreetdaily.com/TAOREWARDSUSPRC/LTAOR209/?h=true, and the long text explanation of what was being sold is at http://pro.wallstreetdaily.com/TAOREWARDSUSPRC/LTAOR209/Full?h=true
Some hilarious excerpts
The value of Bitcoins in circulation has now topped $1.5 billion – more than twice the market cap of Apple. No wonder major companies like Dell, Amazon, and Target, all accept Bitcoin as payment.
Hahahahahahahaha.
Someone must have done the math too quickly, and thought that Apple's market cap was 700 million instead of billion.
And apparently Amazon and Target now accept bitcoins. Wonder if they got that from Gaw? That would also fit with the "get in for under $20" hahahaha.
Before I reveal this opportunity in detail, please allow me to formerly introduce myself.
Wait, does that mean you already introduced yourself?
No wonder America’s elite are using it too, including Jerry Seinfeld, Robert DeNiro, and Britney Spears. It’s rumored that Denzel Washington used this currency to pay for a $30 million private jet.
Yeah, you can say anything in an article and that will make it have been "rumored". This probably can't be topped.
Even President Obama flashed it to the world while purchasing his lunch.
I take that back.
However, I’ve discovered an amazing “loophole” in America’s rewards-points system.
And you chose to share it with all of us, of course. Wonder what that implies about its viability?
The report reveals the company actively “mining” America’s top rewards points systems...
Ooh! Mining!
I peg the value of your first opportunity at upwards of $56,700.
... and I'll sell it to you for only $9.99. Aren't I nice?
On page 109… Chris reveals how a morning stop to his local 7-Eleven made him a fortune. Since Chris is an avid Snapple drinker, one day, he noticed the store’s shelf spaaaaaace for Snapple products had shrunk from two full refrigerators to less than half of one. He immediately took action, executing his incredibly simple “information arbitrage” strategy. The very next week, Snapple announced that its inventory of unsold products had sharply risen, negatively impacting the company’s profits. Chris tripled his investment in a few days.
... is there anything I could even say to this? My guess is that he is either flat out lying, or invested in hundreds of companies and only reports the profitable ones.
Chris reveals how a friend’s unassuming Facebook post scored him a quick 50% gainer. The post simply said, “Oh my! Chuggington?!!! I think my kids have died and gone to heaven!” Within days of observing the post, Chris perfectly executed his “information arbitrage” strategy and invested ahead of Chuggington becoming a smash hit among children.
How can I get him to follow me so I can pump everything I own to this very rich person?
Below are a few of the fantastic letters I received from readers last week...
This is in almost every scam pitch I've ever seen.
Final thoughts: I am really disappointed. If you're going to write a scam pitch, at least make sure all the irrelevant facts in it are true. Also, this is dated from October, so why did I only get an email this week? Someone's slacking off.
(The company referred to is http://investor.points.com/, and obviously Robert Williams owns a large number of shares in it.)
Someone should get the list of Paycoin holders and sell it to this guy.
Disclaimer: this is obviously a scam, so please don't send any money to this person.
submitted by itisike to Bitcoin [link] [comments]

[Table] IAmA: We are Wall Street Journal reporters and authors Paul Vigna and Michael Casey, here to answer your questions about our new book on bitcoin and cryptocurrencies.

Verified? (This bot cannot verify AMAs just yet)
Date: 2015-01-29
Link to submission (Has self-text)
Questions Answers
What exactly give Bitcoins/Cryptocurrencies there value? It's an understandably common question. I like to take a few steps backward on it. First to say that ALL currencies ultimately derive their value from a shared community view that the currency in question represents a token of value that all agree on and that it is widely accepted. Bitcoin has some ways to go in that regard. But it is no different from other currencies in that it has no intrinsic value -- the idea of a currency's intrinsic (or commodity) value, even for gold, is a myth in our mind. But the next point is what are the kinds of things that lead communities to come to such conclusions about a currency. And that comes down to trust. In the case of gold-back, it's that people trusted that the gold behind it would retain its value because that commodity happened to have some good qualities as a currency: durability, divisibility, fungibility, transportability, et. In the case of fiat money, the trust lay in the idea that the government would stand behind it. And while that's in itself a flimsy notion -- what can a government back a fiat currency with other than currency itself? - it is still a worthwhile basis for trust because a trusted functioning government is one that successfully collects taxes. And it can promise to honor taxes in its currency. So what about bitcoin? Here, the trust (and therefore the value) comes down to math. You trust that that mathematical algorithm behind it is irrefutable, more trustworthy than a human. And it's also secure: the bitcoin algroithm, decentralized and distributed as it is, can't be hacked, and there is so much money invested in the mining hardware that runs that system that's difficult anyone to take it over. (That's akin to the infrastructure that a government brings to the table, though much less.) Finally, there's the fact that bitcoin is simpy incredibly useful. Far more effectively than dollars and gold you can send it anywhere, cheaply, without a fee-taking middleman. It makes digital commerce so much more effective and efficient than non-digital currencies. All of that goes into the mix that gives bitcoin its value.
Are Bitcoins a good short term/long term investment? Is there any digital currencies that are or will give Bitcoin a run for their money? At this stage, bitcoin is far and away the biggest, most widely held and most valuable cryptocurrency. But relative to the dollar, euro or yen it is tiny (when measured in transactions). So one could imagine, perhaps, a big, monied interest creating an alternative - a government, perhaps, or a consortium of banks - to compete with it. Would such an offering win people's trust, however? Who knows. The other question, though, is whether the blockchain technology of a different "altcoin" could challenge bitcoin in building all the payment infrastructure and non-currency applications for transferring value that many investors foresee. There are projects such as Ethereum that are interesting in that regard. And, of course, Ripple Labs' payment system -- which is effectively a cryptocurrency system for banks and other institutions to use to move money and value around the world among themselves -- is making good headway in signing on partners. In that sense, Ripple is a decent competitor to bitcoin for that internal payment infrastructure role.
What impact do you believe Bitcoin will have on economic growth? I'm of the opinion that moving and settling money at a much quicker rate could be quite profound. Huge potential. Starting point: $80 trillion global economy. If you just save 3% in fees on that, you start with $2.4 trillion in savings. That's about 16 times the total global development aid budget alone. But of course, the savings on remittances and the many hidden fees are even bigger. You do away with cash, you save on massive security costs. If you remove escrow agents, trustees, stock exchanges, lawyers and other intermediaries who simply play gatekeeper roles in global finance, you get even bigger savings. And what happens if we integrate 2.5 billion "unbanked" into the global economy? You think the integration of China into that economy was big. This could be even bigger. It could spur a whole new wave of decentralization in supply chains. And to your straightforward but vital point: speed is critical. As the old adage says, time is money. If we can clear and settle money without two-day time lags, that frees up trillions of dollars in capital that can be re-deployed. The global economic implications are indeed profound. Hence the subtitle to our book.
There is a lot of startups, investment and innovation in various cryptocurrency and blockchain technologies. What is the low hanging fruit and who’s playing the long game against regulatory institutions? It seems that low-hanging fruit is in the wallet and exchange businesses, because these are the basis infrastructure of a functioning digital currency ecosystem. You need those tools to make it function. But Holy Grail for now seems to be in developing apps that make international remittances feasible. The savings for immigrants and their back-home families from digital currency transfers could be significant. Other cool things being built on the blockchain: copyright certification tools, database management, decentralized memory sharing, decentralized Uber-like ride-sharing, crypto stock exchanges... a long list. All these in some way are challenging the various institutions that sit in the middle of global commerce.
Bitcoin's achilles for consumers may be its price volatility. What decentralized technologies for addressing price volatility did you find in your research and which seem to have promise to improve on the technological innovations in bitcoin? There are all sorts of ways to attack this problem. One is "simply" to build out more robust, better secured and regulated trading infrastructure, so that institutions and other investor enter the market and add liquidity. Exchanges, hedging instruments, ETFs, etc. All these are coming. A deeper, more stable market will allow the price to cool down. Then there are various asset tokens built on the blockchain that literally peg an IOU to the dollar or some other more stable asset such as gold. These are worthless unless the issuer is fully backed by a reserve of those assets. But some are offering that and the cool thing is the the public ledger technology behind the Blockchain allows people to audit those reserves in real time.
Would you say you're transhumanists? I've never been one to want to label myself -- a classic journalist's trait. But I do think technology has always been a driver of progress and that the human condition itself has improved as a result of it. Through history, technology has led to better and more sophisticated societies -- money itself is one of those great innovations to achieve this. Those democratized, integrated societies have resulted in less violence, longer life expectancy, healthier people, greater prosperity. Decentralized technologies like cryptocurrencies have the capacity to continue that. Does that make me a transhumanist? I have no idea.
Why is bitcoin fluctuating a lot? Is it pure speculation? Yes, there's a lot of speculation, and not all of it is healthy. We still have very underdeveloped, underregulated exchanges. And the advent of speculative trading tools and margin trading has allowed big players, particularly in China, to manipulate the price and take advantage of arbitrage opportunities across the world. More stable, robust, regulated and institutional investor-friendly exchanges and investment vehicles will go some way to resolving this problem.
Will bitcoin take over the world? It depends on what you define as the world. I think bitcoin, or at least some decent cryptocurrency clone, will take over the world of financial payments and value exchanges. It will work in the background, just as the Internet does. Will it take over the dollar? That's more of an open question.
For this to actually come to fruition, what would you guess the market cap would need to be, as I feel $3-4B capitulation is way too low. I really don't know. You're right in that the market cap needs to be much higher eventually. That will give it more security and guarantee its independence, but as for a precise number, it's hard to say. Also, though, it's chicken and egg --and circular. The wider the adoption of bitcoin, the more its overall value rises, the more secure and viable it becomes for further adoption.
Thanks for doing this. What will be Bitcoin's next "big break" ? Amazon accepting it ? New easier-to-use platform or implementation ? Who knows? It needs to me more than just another merchant accepting it -- we already have Microsoft accepting it -- but in having some institution actually use it for their own financial management: a big U.S. bank, for example. Not something on the immediate horizon. But if and when that happens... it will matter.
Why did you decided to not sell the e-book version of your book on Overstock, but only on Amazon ? Sorry. That's a question for Overstock and for the publishers. But the short answer, I imagine, is that Overstock -- unlike Amazon's Kindle or Barnes and Noble's Nook format -- doesn't (yet?) have an e-book platform. A pity.. (We need to get Amazon to accept bitcoin, of course. That's the real solution.)
Hey! Thanks for doing this, i'm very much interested in a career in economics, how would you recommend starting in the field, and how do you think the rise of cryptocurencies will affect those starting out? Go to school. Study economics. ... Oh, and read The Wall Street Journal! As for cryptocurrencies, all I'll say is that there's a huge opportunity for a field of crypto-economics to develop. Intrigued economist should love this stuff, with its ready-made trove of data to collate and study.
I don't know if I'm a transhumanist, but I am a Trekkie. I need to jump here and also highlight Paul's other line of business. He is WSJ's chief chronicler of the Walking Dead. So, just so you know: he's into zombies too.
Do you think that a major government will ever adopt their own forms of crypto-currency? There already some looking into it. Definitely a possibility. Saves them money. Is easier to track. Superior economic structure.
I haven't talked to Jesse Powell in a while, not since their price quotes got put up on Bloomberg terminals. I'm not really sure what they're up to these days. I have. Kraken is actively involved in resolving the Mt. Gox problem and investing in developing its exchange for euros.
Last updated: 2015-02-02 16:32 UTC
This post was generated by a robot! Send all complaints to epsy.
submitted by tabledresser to tabled [link] [comments]

Ripple New Director Of Marketing and Trading!!!

Oct 25, 13
Interview with Phil Rapoport, Director of Markets and Trading
https://ripple.com/blog/interview-with-phil-rapoport-director-of-markets-and-trading-2/
Market makers are significant contributors to the overall health of Ripple because they create liquidity. We recently welcomed Phil Rapoport, Director of Markets and Trading, to the Ripple Labs team. We thought you’d enjoy learning more about him and hearing his perspective on Ripple.
Tell us about yourself. What’s your background?
I studied economics and philosophy at Columbia and then spent the last nine years working on Wall Street. Most recently, I was a partner at Macro Risk Advisors where I wrote macro research and sold trade ideas to hedge funds. Prior to that, I was at Goldman Sachs on a cross-asset arbitrage team.
How did you learn about Ripple?
I became fascinated with Bitcoin in early 2011, and I spent a lot of time discussing it with my hedge fund clients and sharing my ideas with the finance community. A client who shared my passion for math-based currencies introduced me to Patrick Griffin, who brought me on as a consultant, and the idea of Ripple just consumed me. I just couldn’t stop thinking about it!
What was it about Ripple that got you hooked?
So, when we talk about math-based currencies, I think there are two big innovations that you can think about individually. You have these new digital currencies with no counterparty risk. And then you have the decentralized payment networks to send them between users. Both concepts are pretty revolutionary.
I think of Bitcoin as a currency first and foremost. A lot of people focus on its gold-like qualities. It does also have a very cool payment system to support the currency, but it only supports Bitcoin.
Ripple kind of flips the emphasis around. Ripple is this very robust, decentralized exchange and payment network. The currency component, XRP, takes more of a backseat. It’s something that supports the payment network and allows it to function smoothly. Ripple is a currency agnostic platform.
I feel like Ripple took the core concepts that made Bitcoin so exciting and married them in a much more broadly adoptable package. The big story here is about decentralized clearing and settlement. It’s about making financial transactions feel more like email – quick, easy, neutral and global. And it’s about connecting a fragmented financial world. It’s not about a currency replacement for the dollar. So, I think this is the type of platform that large institutions can rally behind. And it’s just such an elegant implementation.
What’s your role on the team?
In the short term, I’m very focused on plugging institutional market makers into the network. Good liquidity and tight spreads are a critical piece of the puzzle.
I’m also thinking a lot about market structure and macroeconomic questions that might arise in the future, and making sure that the Ripple ecosystem feels welcoming for traders and finance professionals.
Why should traders get involved in Ripple now?
Decentralized financial networks are a very big deal, and we are in the first innings right now. Institutional investors were pretty dismissive of the space until the April 2013 Bitcoin rally and the ensuing media frenzy. Now I’d say the awareness is there, but the investment has barely even started. This is going to be a tremendous opportunity from many angles and a theme you’ll want to be close to.
submitted by Bitaboom to ripplers [link] [comments]

[WTS]

Premium domains for sale ...
I'm prepared to take payment in DarkCoin, Vertcoin, BTC or LTC
Please PM your offers, and if you like any of the domains, then please comment below. I appreciate the encouragement and feedback. I hope I'm making the right decision to sell them!
You can also directly email me at the address shown here: http://jpr.im/jpr.jpg
These are great Bitcoin related domains. Check out the list below, and contact me through Reddit or via the BitCoinTalk forums: https://bitcointalk.org/index.php?topic=343629.0
"Trust" is a very important concept in the Bitcoin world, and owning a premium domain is a business advantage.
All domains are based at Enom and will be pushed to your account, or transferred away with ease.
With that said ... here are my Bitcoin domains for sale.
BitcoinAccountant.com A keyword rich domain suitable for accountants, tax advice, financial guidance and more. This domain is easily branded and represents one of the most lucrative Bitcoin services.
BitcoinEscrowService.com An obvious choice for an escrow service. This is another industry that is set to grow in importance, as more people use Bitcoin.
BitcoinVisionary.com If you were an early adopter, and see yourself as a Bitcoin consultant, then this is a great domain. Easily branded, and conveys trust and instant respect. The perfect domain for a blog or personal site ...
BitcoinTraded.com An excellent domain for an exchange, or any type of market place. This domain could also be easily branded to a service, an application or a premium blog. It's quite easy to remember and looks great when put on paper.
BitcoinPreferred.com ** SOLD ** This is the Bitcoin version of "Visa Preferred", and well branded, international concept by big bad Visa. Setup a business and brand this idea. Charge merchants for services or offer advice.
BitcoinExchanged.com Another excellent domain for a Bitcoin exchange. It seems Mt. Gox owns BitcoinExchange.com so you will no doubt pickup type traffic for free, forever. A nice sounding domain, just perfect for an exchange.
BitcoinFanpage.com You can redirect this back to a Facebook fanpage, or setup a blog or premium website. This is a great domain to collect Bitcoin news, or get feedback from other Bitcoin fans. You could sell advertising or setup a fanpage building service, for Bitcoin.
BitcoinCompetition.com Thinking about running a Bitcoin competition? It's so easy, with the transparent nature of the blockchain. Run a lottery, a dice game or any type of competition. Use the domain to list other people's games - or think outside the box, and setup a website about alternative crypto currencies.
BitcoinManagers.com An excellent domain for an investment group. Manage other people's Bitcoin or offer financial advice. Manage the development of the Bitcoin eco-system, setup a wallet style exchange. Lots of possibility.
BitcoinBankruptcy.com You know it's going to happen right? Offer bankruptcy advice for those in financial trouble. Or, setup one of those conspiracy blogs, and discuss the end of our beloved Bitcoin. A great domain for accountants and lawyers alike Smiley
BitcoinAuditing.com Another useful domain for an accounting firm. This would also brand well, for an online service that allows people to perform security audits on their existing infrastructure. It could also be used as a consultation blog or website
BitcoinCoding.com Perfect for web developers, that want to offer their programming and design skills for Bitcoin. This is a good domain for a blog or website, that discusses the code and maths behind Bitcoin.
BitcoinSold.com A great domain for the sale of Bitcoin - both in Virtual and physical format. A nice domain to setup a consultation blog, or a full blown exchange.
BitcoinTrainer.com A great domain for someone who wants to train others how to use Bitcoin. Teach people how to integrate the Bitcoin system into their local business. OR ... setup a personal trainer website, and accept Bitcoin?
BitcoinRequired.com ** SOLD ** Setup an online or offline service, a product or a consultation business based around the idea of Bitcoin being "required". This is perfect for certain industries where chargebacks are high.
BitcoinSells.com An interesting domain, perhaps for a buys/sells style exchange. It could also be used as a positive blog, that explains the advantages of Bitcoin etc.
BitcoinPioneer.com Were you around when Bitcoin was a few dollars? You're a true Bitcoin pioneer! Brand yourself or your business. Demand respect and setup your own personal blog, premium website or Bitcoin service.
BitcoinLion.com A nice, catchy brandable domain name. Perfect for a consultant, or a service service business. For the more imaginative ... how about selling lions? (hey, that might be a stretch ok)
BitcoinGuidance.com A great domain for a financial or legal consultant. Offer guidance on all matters Bitcoin. This domain inspires instant trust and brands well.
BitcoinHigh.com Want to get high? Setup a drug or pharmaceutical website, offer advice and sell drug related stuff. OR ... setup a trading blog, website or service and indicate the industry highs and lows ...
BitcoinDiversification.com Another useful name, for a consultant, or a service that allows Bitcoin advocates to diversify their holdings. Sell physical Bitcoins, gold or silver, or setup some kind of arbitrage exchange that will allow customers to diversify their funds.
OneClickBitcoin.com A great domain for a plugin, a service or a business that sells products/services. Easily branded and very catchy. You could setup a browser extension, or create an instant exchange with this domain.
BitcoinProfessional.com Another excellent domain for a consultant. If you're looking for that extra bit of professional reputation, then this domain may work well for you. You could list other professionals. Perfect for tax, financial & legal professionals.
BargainBitcoins.com Another great domain for an exchange or trading website. Very catchy and brandable. If you firmly believe that Bitcoins are a current bargain, then let the world know. Setup a blog, a premium website or service. Can also be used for physical Bitcoin sales.
BitcoinsBuyer.com Another domain for an exchange, or perhaps a business that buys physical Bitcoins. Quite simple and easily branded.
BitcoinSupporters.com Are you a Bitcoin supporter? Of course you are ... now let the world know! This is the perfect website for community groups, a forum, a blog or service. The Bitcoin world is still so tiny, so gather people together and help them understand Bitcoin Smiley
BitcoinSpotPrice.com A good domain name for a price/exchange comparison system. This could also be a useful blog or website where you discuss the volatile nature of Bitcoin.
BitcoinSocialNetwork.com Thinking about setting up a social network, based on Bitcoin? What a great idea, and an even better domain name! Bitcoin allows micropayments, and this will change the world in ways we cannot imagine. Create your own social network and integrate the Bitcoin payment systems into the very core ...
BitcoinConsultant.us An excellent domain for a Bitcoin consultant based in the United States. Short, simple, easily branded and looks great on a business card. If you have made money buying and selling Bitcoin, then you can start your own consultation business in minutes ...
BitcoinService.net A nice domain - the "Bitcoin Service Network", could list different services, and is suitable for a blog or domain.
BuyingBitcoins.info A nice domain for an exchange, or an information based blog that offers advice on buying Bitcoins. The .info extension is quite unique and this domain is easily branded. Know anything about buying bitcoins? Let the world know, through your new website Smiley
BitcoinTradingSpot.com Another excellent Bitcoin exchange domain name. Start your own exchange, or setup an auction/buying system and let people buy and sell products and services. The "Bitcoin Trading Spot" is easily branded and suitable for many business models.
BitcoinsExchange.net The "Bitcoins Exchange Network" - another useful domain for a Bitcoin exchange. Setup a local exchange, buy and sell products and services. Bitcoin continues to grow so help connect buyers to sellers and earn a slice!
Bitcoin-Arbitrage.com A nice, simply hyphenated domain name based around the idea of Bitcoin arbritage. Setup a blog, an automated service, a product or consultation website. The volatile nature of Bitcoin means arbritage can be very profitable.
BitcoinCounsel.com An excellent domain for legal counsel, or financial advice. As the early adopters become rich, they will need solid advice on a range of tax, legal and financial issues. Start a service business, offer a product or publish a blog on important issues.
BitcoinFreelancers.net The "Bitcoin Freelancers Network" is an easily branded domain that allows designers and programmers to list their services. Lots of opportunity here!
OnlineCasinoBitcoin.com A keyword rich domain, that is sure to get plenty of free organic website traffic. Setup a casino directory, your own Bitcoin casino, a blog or website on gambling. Lots of opportunity here Smiley
BitcoinOpenExchange.com A nice domain based around the idea of open source Bitcoin exchange. This domain inspires trust, and could be used to setup a localbitcoins.com competitor.
BitcoinCharityFoundation.com A great domain for a charity fund, an organization or consultation business. List charities, accept donations or run an information based blog Smiley
BitcoinBranch.com A short domain for an exchange. Could be useful for a bricks and mortar style business. Call into your local "Bitcoin Branch" to withdraw your Bitcoins! Nice and simple and easily brandable.
BitcoinCleaner.com Create a Bitcoin tumbler, or cleaning service. Accept Bitcoins from customers, mix and blend them inside your cleaning system, and output fresh, clean Bitcoins. OR, setup a cleaning business, that only accepts Bitcoins. Lots of opportunity here Smiley
BitcoinBio.com A great domain for a bio or pharmaceutical compay. It's also a nice short domain, for a consultant that wants to put his/her bio online. Great for a personal blog or something bigger ...
BitcoinArmour.com A brandable domain for a product, a service or a public information website. Security is becoming more and more important - and this domain lends itself to lots of ideas.
Thanks for taking the time to read :)
PM me, email me, or shoot me a message on Bitcointalk.
Equivalent Vertcoin, DarkCoin, LTC or BTC accepted!
Cheers, Johnathan My email is shown here: http://jpr.im/jpr.jpg
submitted by bitcoinlion to CryptoTrade [link] [comments]

I have abandoned Bitcoin. Buy my premium domains for Vert or BTC! -- BitcoinAccountant.com, BitcoinEscrowService.com - loads more etc.

Ok ... as the title suggests ... I have decided to abandon Bitcoin.
The Bitcoin network is now controlled by a dwindling number of mining pools, and over-priced asics dominate everything. There is no "fun" in Bitcoin for the average hobby investotrademiner in my opinion. It sucks now :(
But I love Vertcoin ... and I want to purchase a lot more if possible, so I'm having a domain name fire sale. I spent a lot of time researching the following domains, and I think they're valuable to the right person.
Perhaps that's you!
I'm prepared to take payment in Vertcoin, BTC or LTC
Please PM your offers, and if you like any of the domains, then please comment below. I appreciate the encouragement and feedback. I hope I'm making the right decision with VTC!
You can also directly email me at the address shown here: http://jpr.im/jpr.jpg
I'm ready to sell my way out of the Bitcoin world, and dive straight into Vertcoin with everything I have. Any proceeds of this sale will be invested back into Vertcoin, and will be used to fund my new website, about ... you guessed it ...
Vertcoin :)
These are great Bitcoin related domains. Check out the list below, and contact me through Reddit or via the BitCoinTalk forums: https://bitcointalk.org/index.php?topic=343629.0
"Trust" is a very important concept in the Bitcoin world, and owning a premium domain is a business advantage.
All domains are based at Enon and will be pushed to your account, or transferred away with ease.
With that said ... here are my Bitcoin domains for sale.
Help me turn a new corner with VTC. Let's get rid of these Bitcoin domains once and for all !!! Take your pick Verters!
BitcoinAccountant.com A keyword rich domain suitable for accountants, tax advice, financial guidance and more. This domain is easily branded and represents one of the most lucrative Bitcoin services.
BitcoinEscrowService.com An obvious choice for an escrow service. This is another industry that is set to grow in importance, as more people use Bitcoin.
BitcoinVisionary.com If you were an early adopter, and see yourself as a Bitcoin consultant, then this is a great domain. Easily branded, and conveys trust and instant respect. The perfect domain for a blog or personal site ...
BitcoinTraded.com An excellent domain for an exchange, or any type of market place. This domain could also be easily branded to a service, an application or a premium blog. It's quite easy to remember and looks great when put on paper.
BitcoinPreferred.com ** SOLD ** This is the Bitcoin version of "Visa Preferred", and well branded, international concept by big bad Visa. Setup a business and brand this idea. Charge merchants for services or offer advice.
BitcoinExchanged.com Another excellent domain for a Bitcoin exchange. It seems Mt. Gox owns BitcoinExchange.com so you will no doubt pickup type traffic for free, forever. A nice sounding domain, just perfect for an exchange.
BitcoinFanpage.com You can redirect this back to a Facebook fanpage, or setup a blog or premium website. This is a great domain to collect Bitcoin news, or get feedback from other Bitcoin fans. You could sell advertising or setup a fanpage building service, for Bitcoin.
BitcoinCompetition.com Thinking about running a Bitcoin competition? It's so easy, with the transparent nature of the blockchain. Run a lottery, a dice game or any type of competition. Use the domain to list other people's games - or think outside the box, and setup a website about alternative crypto currencies.
BitcoinManagers.com An excellent domain for an investment group. Manage other people's Bitcoin or offer financial advice. Manage the development of the Bitcoin eco-system, setup a wallet style exchange. Lots of possibility.
BitcoinBankruptcy.com You know it's going to happen right? Offer bankruptcy advice for those in financial trouble. Or, setup one of those conspiracy blogs, and discuss the end of our beloved Bitcoin. A great domain for accountants and lawyers alike Smiley
BitcoinAuditing.com Another useful domain for an accounting firm. This would also brand well, for an online service that allows people to perform security audits on their existing infrastructure. It could also be used as a consultation blog or website
BitcoinCoding.com Perfect for web developers, that want to offer their programming and design skills for Bitcoin. This is a good domain for a blog or website, that discusses the code and maths behind Bitcoin.
BitcoinSold.com A great domain for the sale of Bitcoin - both in Virtual and physical format. A nice domain to setup a consultation blog, or a full blown exchange.
BitcoinTrainer.com A great domain for someone who wants to train others how to use Bitcoin. Teach people how to integrate the Bitcoin system into their local business. OR ... setup a personal trainer website, and accept Bitcoin?
BitcoinRequired.com ** SOLD ** Setup an online or offline service, a product or a consultation business based around the idea of Bitcoin being "required". This is perfect for certain industries where chargebacks are high.
BitcoinSells.com An interesting domain, perhaps for a buys/sells style exchange. It could also be used as a positive blog, that explains the advantages of Bitcoin etc.
BitcoinPioneer.com Were you around when Bitcoin was a few dollars? You're a true Bitcoin pioneer! Brand yourself or your business. Demand respect and setup your own personal blog, premium website or Bitcoin service.
BitcoinLion.com A nice, catchy brandable domain name. Perfect for a consultant, or a service service business. For the more imaginative ... how about selling lions? (hey, that might be a stretch ok)
BitcoinGuidance.com A great domain for a financial or legal consultant. Offer guidance on all matters Bitcoin. This domain inspires instant trust and brands well.
BitcoinHigh.com Want to get high? Setup a drug or pharmaceutical website, offer advice and sell drug related stuff. OR ... setup a trading blog, website or service and indicate the industry highs and lows ...
BitcoinDiversification.com Another useful name, for a consultant, or a service that allows Bitcoin advocates to diversify their holdings. Sell physical Bitcoins, gold or silver, or setup some kind of arbitrage exchange that will allow customers to diversify their funds.
OneClickBitcoin.com A great domain for a plugin, a service or a business that sells products/services. Easily branded and very catchy. You could setup a browser extension, or create an instant exchange with this domain.
BitcoinProfessional.com Another excellent domain for a consultant. If you're looking for that extra bit of professional reputation, then this domain may work well for you. You could list other professionals. Perfect for tax, financial & legal professionals.
BargainBitcoins.com Another great domain for an exchange or trading website. Very catchy and brandable. If you firmly believe that Bitcoins are a current bargain, then let the world know. Setup a blog, a premium website or service. Can also be used for physical Bitcoin sales.
BitcoinsBuyer.com Another domain for an exchange, or perhaps a business that buys physical Bitcoins. Quite simple and easily branded.
BitcoinSupporters.com Are you a Bitcoin supporter? Of course you are ... now let the world know! This is the perfect website for community groups, a forum, a blog or service. The Bitcoin world is still so tiny, so gather people together and help them understand Bitcoin Smiley
BitcoinSpotPrice.com A good domain name for a price/exchange comparison system. This could also be a useful blog or website where you discuss the volatile nature of Bitcoin.
BitcoinSocialNetwork.com Thinking about setting up a social network, based on Bitcoin? What a great idea, and an even better domain name! Bitcoin allows micropayments, and this will change the world in ways we cannot imagine. Create your own social network and integrate the Bitcoin payment systems into the very core ...
BitcoinConsultant.us An excellent domain for a Bitcoin consultant based in the United States. Short, simple, easily branded and looks great on a business card. If you have made money buying and selling Bitcoin, then you can start your own consultation business in minutes ...
BitcoinService.net A nice domain - the "Bitcoin Service Network", could list different services, and is suitable for a blog or domain.
BuyingBitcoins.info A nice domain for an exchange, or an information based blog that offers advice on buying Bitcoins. The .info extension is quite unique and this domain is easily branded. Know anything about buying bitcoins? Let the world know, through your new website Smiley
BitcoinTradingSpot.com Another excellent Bitcoin exchange domain name. Start your own exchange, or setup an auction/buying system and let people buy and sell products and services. The "Bitcoin Trading Spot" is easily branded and suitable for many business models.
BitcoinsExchange.net The "Bitcoins Exchange Network" - another useful domain for a Bitcoin exchange. Setup a local exchange, buy and sell products and services. Bitcoin continues to grow so help connect buyers to sellers and earn a slice!
Bitcoin-Arbitrage.com A nice, simply hyphenated domain name based around the idea of Bitcoin arbritage. Setup a blog, an automated service, a product or consultation website. The volatile nature of Bitcoin means arbritage can be very profitable.
BitcoinCounsel.com An excellent domain for legal counsel, or financial advice. As the early adopters become rich, they will need solid advice on a range of tax, legal and financial issues. Start a service business, offer a product or publish a blog on important issues.
BitcoinFreelancers.net The "Bitcoin Freelancers Network" is an easily branded domain that allows designers and programmers to list their services. Lots of opportunity here!
OnlineCasinoBitcoin.com A keyword rich domain, that is sure to get plenty of free organic website traffic. Setup a casino directory, your own Bitcoin casino, a blog or website on gambling. Lots of opportunity here Smiley
BitcoinOpenExchange.com A nice domain based around the idea of open source Bitcoin exchange. This domain inspires trust, and could be used to setup a localbitcoins.com competitor.
BitcoinCharityFoundation.com A great domain for a charity fund, an organization or consultation business. List charities, accept donations or run an information based blog Smiley
BitcoinBranch.com A short domain for an exchange. Could be useful for a bricks and mortar style business. Call into your local "Bitcoin Branch" to withdraw your Bitcoins! Nice and simple and easily brandable.
BitcoinCleaner.com Create a Bitcoin tumbler, or cleaning service. Accept Bitcoins from customers, mix and blend them inside your cleaning system, and output fresh, clean Bitcoins. OR, setup a cleaning business, that only accepts Bitcoins. Lots of opportunity here Smiley
BitcoinBio.com A great domain for a bio or pharmaceutical compay. It's also a nice short domain, for a consultant that wants to put his/her bio online. Great for a personal blog or something bigger ...
BitcoinArmour.com A brandable domain for a product, a service or a public information website. Security is becoming more and more important - and this domain lends itself to lots of ideas.
Thanks for taking the time to read :)
PM me, email me, or shoot me a message on Bitcointalk.
I'm selling my way out of Bitcoin, and moving 100% into the Vertcoin community. This is your chance to buy a premium Bitcoin domain from 0.1 BTC. Contact me today :)
Equivalent Vertcoin taken with glee!
Cheers, Johnathan My email is shown here: http://jpr.im/jpr.jpg
submitted by bitcoinlion to vertcoin [link] [comments]

[WTS] Domains for sale: BitcoinAccountant.com, BitcoinEscrowService.com + 40 more ...

42 bitcoin and litecoin domains for sale!
Litecoin or Bitcoin accepted. These are great domains. Check out the list below, and contact me through Reddit or via the BitCoinTalk forums. Check them out here: https://bitcointalk.org/index.php?topic=343629.0
"Trust" is an important concept in the Bitcoin world, and owning a premium domain is a business advantage.
BitcoinAccountant.com A keyword rich domain suitable for accountants, tax advice, financial guidance and more. This domain is easily branded and represents one of the most lucrative Bitcoin services.
BitcoinEscrowService.com An obvious choice for an escrow service. This is another industry that is set to grow in importance, as more people use Bitcoin.
BitcoinVisionary.com If you were an early adopter, and see yourself as a Bitcoin consultant, then this is a great domain. Easily branded, and conveys trust and instant respect. The perfect domain for a blog or personal site ...
BitcoinTraded.com An excellent domain for an exchange, or any type of market place. This domain could also be easily branded to a service, an application or a premium blog. It's quite easy to remember and looks great when put on paper.
BitcoinExchanged.com Another excellent domain for a Bitcoin exchange. It seems Mt. Gox owns BitcoinExchange.com so you will no doubt pickup type traffic for free, forever. A nice sounding domain, just perfect for an exchange.
BitcoinFanpage.com You can redirect this back to a Facebook fanpage, or setup a blog or premium website. This is a great domain to collect Bitcoin news, or get feedback from other Bitcoin fans. You could sell advertising or setup a fanpage building service, for Bitcoin.
BitcoinCompetition.com Thinking about running a Bitcoin competition? It's so easy, with the transparent nature of the blockchain. Run a lottery, a dice game or any type of competition. Use the domain to list other people's games - or think outside the box, and setup a website about alternative crypto currencies.
BitcoinManagers.com An excellent domain for an investment group. Manage other people's Bitcoin or offer financial advice. Manage the development of the Bitcoin eco-system, setup a wallet style exchange. Lots of possibility.
BitcoinBankruptcy.com You know it's going to happen right? Offer bankruptcy advice for those in financial trouble. Or, setup one of those conspiracy blogs, and discuss the end of our beloved Bitcoin. A great domain for accountants and lawyers alike Smiley
BitcoinAuditing.com Another useful domain for an accounting firm. This would also brand well, for an online service that allows people to perform security audits on their existing infrastructure. It could also be used as a consultation blog or website
BitcoinCoding.com Perfect for web developers, that want to offer their programming and design skills for Bitcoin. This is a good domain for a blog or website, that discusses the code and maths behind Bitcoin.
BitcoinSold.com A great domain for the sale of Bitcoin - both in Virtual and physical format. A nice domain to setup a consultation blog, or a full blown exchange.
BitcoinTrainer.com A great domain for someone who wants to train others how to use Bitcoin. Teach people how to integrate the Bitcoin system into their local business. OR ... setup a personal trainer website, and accept Bitcoin?
BitcoinSells.com An interesting domain, perhaps for a buys/sells style exchange. It could also be used as a positive blog, that explains the advantages of Bitcoin etc.
BitcoinPioneer.com Were you around when Bitcoin was a few dollars? You're a true Bitcoin pioneer! Brand yourself or your business. Demand respect and setup your own personal blog, premium website or Bitcoin service.
BitcoinLion.com A nice, catchy brandable domain name. Perfect for a consultant, or a service service business. For the more imaginative ... how about selling lions? (hey, that might be a stretch ok)
BitcoinGuidance.com A great domain for a financial or legal consultant. Offer guidance on all matters Bitcoin. This domain inspires instant trust and brands well.
BitcoinHigh.com Want to get high? Setup a drug or pharmaceutical website, offer advice and sell drug related stuff. OR ... setup a trading blog, website or service and indicate the industry highs and lows ...
BitcoinDiversification.com Another useful name, for a consultant, or a service that allows Bitcoin advocates to diversify their holdings. Sell physical Bitcoins, gold or silver, or setup some kind of arbitrage exchange that will allow customers to diversify their funds.
OneClickBitcoin.com A great domain for a plugin, a service or a business that sells products/services. Easily branded and very catchy. You could setup a browser extension, or create an instant exchange with this domain.
BitcoinProfessional.com Another excellent domain for a consultant. If you're looking for that extra bit of professional reputation, then this domain may work well for you. You could list other professionals. Perfect for tax, financial & legal professionals.
BargainBitcoins.com Another great domain for an exchange or trading website. Very catchy and brandable. If you firmly believe that Bitcoins are a current bargain, then let the world know. Setup a blog, a premium website or service. Can also be used for physical Bitcoin sales.
BitcoinsBuyer.com Another domain for an exchange, or perhaps a business that buys physical Bitcoins. Quite simple and easily branded.
BitcoinSupporters.com Are you a Bitcoin supporter? Of course you are ... now let the world know! This is the perfect website for community groups, a forum, a blog or service. The Bitcoin world is still so tiny, so gather people together and help them understand Bitcoin Smiley
BitcoinSpotPrice.com A good domain name for a price/exchange comparison system. This could also be a useful blog or website where you discuss the volatile nature of Bitcoin.
BitcoinSocialNetwork.com Thinking about setting up a social network, based on Bitcoin? What a great idea, and an even better domain name! Bitcoin allows micropayments, and this will change the world in ways we cannot imagine. Create your own social network and integrate the Bitcoin payment systems into the very core ...
BitcoinConsultant.us An excellent domain for a Bitcoin consultant based in the United States. Short, simple, easily branded and looks great on a business card. If you have made money buying and selling Bitcoin, then you can start your own consultation business in minutes ...
BitcoinService.net A nice domain - the "Bitcoin Service Network", could list different services, and is suitable for a blog or domain.
BuyingBitcoins.info A nice domain for an exchange, or an information based blog that offers advice on buying Bitcoins. The .info extension is quite unique and this domain is easily branded. Know anything about buying bitcoins? Let the world know, through your new website Smiley
BitcoinTradingSpot.com Another excellent Bitcoin exchange domain name. Start your own exchange, or setup an auction/buying system and let people buy and sell products and services. The "Bitcoin Trading Spot" is easily branded and suitable for many business models.
BitcoinsExchange.net The "Bitcoins Exchange Network" - another useful domain for a Bitcoin exchange. Setup a local exchange, buy and sell products and services. Bitcoin continues to grow so help connect buyers to sellers and earn a slice!
Bitcoin-Arbitrage.com A nice, simply hyphenated domain name based around the idea of Bitcoin arbritage. Setup a blog, an automated service, a product or consultation website. The volatile nature of Bitcoin means arbritage can be very profitable.
BitcoinCounsel.com An excellent domain for legal counsel, or financial advice. As the early adopters become rich, they will need solid advice on a range of tax, legal and financial issues. Start a service business, offer a product or publish a blog on important issues.
BitcoinFreelancers.net The "Bitcoin Freelancers Network" is an easily branded domain that allows designers and programmers to list their services. Lots of opportunity here!
OnlineCasinoBitcoin.com A keyword rich domain, that is sure to get plenty of free organic website traffic. Setup a casino directory, your own Bitcoin casino, a blog or website on gambling. Lots of opportunity here Smiley
BitcoinOpenExchange.com A nice domain based around the idea of open source Bitcoin exchange. This domain inspires trust, and could be used to setup a localbitcoins.com competitor.
BitcoinCharityFoundation.com A great domain for a charity fund, an organization or consultation business. List charities, accept donations or run an information based blog Smiley
BitcoinBranch.com A short domain for an exchange. Could be useful for a bricks and mortar style business. Call into your local "Bitcoin Branch" to withdraw your Bitcoins! Nice and simple and easily brandable.
BitcoinCleaner.com Create a Bitcoin tumbler, or cleaning service. Accept Bitcoins from customers, mix and blend them inside your cleaning system, and output fresh, clean Bitcoins. OR, setup a cleaning business, that only accepts Bitcoins. Lots of opportunity here Smiley
BitcoinBio.com A great domain for a bio or pharmaceutical compay. It's also a nice short domain, for a consultant that wants to put his/her bio online. Great for a personal blog or something bigger ...
BitcoinArmour.com A brandable domain for a product, a service or a public information website. Security is becoming more and more important - and this domain lends itself to lots of ideas.
Thanks for taking the time to read :)
submitted by bitcoinlion to ltcmarket [link] [comments]

[WTS] Domains for sale: BitcoinAccountant.com, BitcoinEscrowService.com + 40 more ...

42 Bitcoin and Litecoin domains for sale!
Litecoin or Bitcoin accepted. These are great domains. Check out the list below, and contact me through Reddit or via the BitCoinTalk forums. Check them out here: https://bitcointalk.org/index.php?topic=343629.0
"Trust" is an important concept in the Bitcoin world, and owning a premium domain is a business advantage.
BitcoinAccountant.com A keyword rich domain suitable for accountants, tax advice, financial guidance and more. This domain is easily branded and represents one of the most lucrative Bitcoin services.
BitcoinEscrowService.com An obvious choice for an escrow service. This is another industry that is set to grow in importance, as more people use Bitcoin.
BitcoinVisionary.com If you were an early adopter, and see yourself as a Bitcoin consultant, then this is a great domain. Easily branded, and conveys trust and instant respect. The perfect domain for a blog or personal site ...
BitcoinTraded.com An excellent domain for an exchange, or any type of market place. This domain could also be easily branded to a service, an application or a premium blog. It's quite easy to remember and looks great when put on paper.
BitcoinExchanged.com Another excellent domain for a Bitcoin exchange. It seems Mt. Gox owns BitcoinExchange.com so you will no doubt pickup type traffic for free, forever. A nice sounding domain, just perfect for an exchange.
BitcoinFanpage.com You can redirect this back to a Facebook fanpage, or setup a blog or premium website. This is a great domain to collect Bitcoin news, or get feedback from other Bitcoin fans. You could sell advertising or setup a fanpage building service, for Bitcoin.
BitcoinCompetition.com Thinking about running a Bitcoin competition? It's so easy, with the transparent nature of the blockchain. Run a lottery, a dice game or any type of competition. Use the domain to list other people's games - or think outside the box, and setup a website about alternative crypto currencies.
BitcoinManagers.com An excellent domain for an investment group. Manage other people's Bitcoin or offer financial advice. Manage the development of the Bitcoin eco-system, setup a wallet style exchange. Lots of possibility.
BitcoinBankruptcy.com You know it's going to happen right? Offer bankruptcy advice for those in financial trouble. Or, setup one of those conspiracy blogs, and discuss the end of our beloved Bitcoin. A great domain for accountants and lawyers alike Smiley
BitcoinAuditing.com Another useful domain for an accounting firm. This would also brand well, for an online service that allows people to perform security audits on their existing infrastructure. It could also be used as a consultation blog or website
BitcoinCoding.com Perfect for web developers, that want to offer their programming and design skills for Bitcoin. This is a good domain for a blog or website, that discusses the code and maths behind Bitcoin.
BitcoinSold.com A great domain for the sale of Bitcoin - both in Virtual and physical format. A nice domain to setup a consultation blog, or a full blown exchange.
BitcoinTrainer.com A great domain for someone who wants to train others how to use Bitcoin. Teach people how to integrate the Bitcoin system into their local business. OR ... setup a personal trainer website, and accept Bitcoin?
BitcoinPreferred.com This is the Bitcoin version of "Visa Preferred", and well branded, international concept by big bad Visa. Setup a business and brand this idea. Charge merchants for services or offer advice.
BitcoinSells.com An interesting domain, perhaps for a buys/sells style exchange. It could also be used as a positive blog, that explains the advantages of Bitcoin etc.
BitcoinPioneer.com Were you around when Bitcoin was a few dollars? You're a true Bitcoin pioneer! Brand yourself or your business. Demand respect and setup your own personal blog, premium website or Bitcoin service.
BitcoinLion.com A nice, catchy brandable domain name. Perfect for a consultant, or a service service business. For the more imaginative ... how about selling lions? (hey, that might be a stretch ok)
BitcoinGuidance.com A great domain for a financial or legal consultant. Offer guidance on all matters Bitcoin. This domain inspires instant trust and brands well.
BitcoinHigh.com Want to get high? Setup a drug or pharmaceutical website, offer advice and sell drug related stuff. OR ... setup a trading blog, website or service and indicate the industry highs and lows ...
BitcoinDiversification.com Another useful name, for a consultant, or a service that allows Bitcoin advocates to diversify their holdings. Sell physical Bitcoins, gold or silver, or setup some kind of arbitrage exchange that will allow customers to diversify their funds.
OneClickBitcoin.com A great domain for a plugin, a service or a business that sells products/services. Easily branded and very catchy. You could setup a browser extension, or create an instant exchange with this domain.
BitcoinProfessional.com Another excellent domain for a consultant. If you're looking for that extra bit of professional reputation, then this domain may work well for you. You could list other professionals. Perfect for tax, financial & legal professionals.
BitcoinRequired.com Setup an online or offline service, a product or a consultation business based around the idea of Bitcoin being "required". This is perfect for certain industries where chargebacks are high.
BargainBitcoins.com Another great domain for an exchange or trading website. Very catchy and brandable. If you firmly believe that Bitcoins are a current bargain, then let the world know. Setup a blog, a premium website or service. Can also be used for physical Bitcoin sales.
BitcoinsBuyer.com Another domain for an exchange, or perhaps a business that buys physical Bitcoins. Quite simple and easily branded.
BitcoinSupporters.com Are you a Bitcoin supporter? Of course you are ... now let the world know! This is the perfect website for community groups, a forum, a blog or service. The Bitcoin world is still so tiny, so gather people together and help them understand Bitcoin Smiley
BitcoinSpotPrice.com A good domain name for a price/exchange comparison system. This could also be a useful blog or website where you discuss the volatile nature of Bitcoin.
BitcoinSocialNetwork.com Thinking about setting up a social network, based on Bitcoin? What a great idea, and an even better domain name! Bitcoin allows micropayments, and this will change the world in ways we cannot imagine. Create your own social network and integrate the Bitcoin payment systems into the very core ...
BitcoinConsultant.us An excellent domain for a Bitcoin consultant based in the United States. Short, simple, easily branded and looks great on a business card. If you have made money buying and selling Bitcoin, then you can start your own consultation business in minutes ...
BitcoinService.net A nice domain - the "Bitcoin Service Network", could list different services, and is suitable for a blog or domain.
BuyingBitcoins.info A nice domain for an exchange, or an information based blog that offers advice on buying Bitcoins. The .info extension is quite unique and this domain is easily branded. Know anything about buying bitcoins? Let the world know, through your new website Smiley
BitcoinTradingSpot.com Another excellent Bitcoin exchange domain name. Start your own exchange, or setup an auction/buying system and let people buy and sell products and services. The "Bitcoin Trading Spot" is easily branded and suitable for many business models.
BitcoinsExchange.net The "Bitcoins Exchange Network" - another useful domain for a Bitcoin exchange. Setup a local exchange, buy and sell products and services. Bitcoin continues to grow so help connect buyers to sellers and earn a slice!
Bitcoin-Arbitrage.com A nice, simply hyphenated domain name based around the idea of Bitcoin arbritage. Setup a blog, an automated service, a product or consultation website. The volatile nature of Bitcoin means arbritage can be very profitable.
BitcoinCounsel.com An excellent domain for legal counsel, or financial advice. As the early adopters become rich, they will need solid advice on a range of tax, legal and financial issues. Start a service business, offer a product or publish a blog on important issues.
BitcoinFreelancers.net The "Bitcoin Freelancers Network" is an easily branded domain that allows designers and programmers to list their services. Lots of opportunity here!
OnlineCasinoBitcoin.com A keyword rich domain, that is sure to get plenty of free organic website traffic. Setup a casino directory, your own Bitcoin casino, a blog or website on gambling. Lots of opportunity here Smiley
BitcoinOpenExchange.com A nice domain based around the idea of open source Bitcoin exchange. This domain inspires trust, and could be used to setup a localbitcoins.com competitor.
BitcoinCharityFoundation.com A great domain for a charity fund, an organization or consultation business. List charities, accept donations or run an information based blog Smiley
BitcoinBranch.com A short domain for an exchange. Could be useful for a bricks and mortar style business. Call into your local "Bitcoin Branch" to withdraw your Bitcoins! Nice and simple and easily brandable.
BitcoinCleaner.com Create a Bitcoin tumbler, or cleaning service. Accept Bitcoins from customers, mix and blend them inside your cleaning system, and output fresh, clean Bitcoins. OR, setup a cleaning business, that only accepts Bitcoins. Lots of opportunity here Smiley
BitcoinBio.com A great domain for a bio or pharmaceutical compay. It's also a nice short domain, for a consultant that wants to put his/her bio online. Great for a personal blog or something bigger ...
BitcoinArmour.com A brandable domain for a product, a service or a public information website. Security is becoming more and more important - and this domain lends itself to lots of ideas.
Thanks for taking the time to read :)
submitted by bitcoinlion to BitMarket [link] [comments]

CryptoCurrency Arbitrage Trading Software Bitcoin & Cryptocurrency Arbitrage (2018)  Trader ... Arbitrage Bitcoin On PAXFUL For An Easy 20% Profit In Your ... How to Make Money With BITCOIN ARBITRAGE TRADING! Bitcoin Q A Price premiums and arbitrage - YouTube

Bitcoin Arbitrage Trading. Many will scratch their heads after encountering the word arbitrage whilst dipping their toes into the realms of financials, markets, or gambling for the first. It’s a simple concept, but not one that arises in everyday talks, so misunderstanding and confusion are to be expected. This guide has been prepared to get those unfamiliar with the premise of arbitrage ... Vergleichen Sie Math (MATH) Kurse an verschiedenen Börsen in Echtzeit und finden Sie sofort Math (MATH) Arbitrage Möglichkeiten. Die aktuellsten Math (MATH)-Preisprognose, technischen Analysen, Diagramme und Preisdaten für mehr als 65 Börsen. By analyzing the market price, if Bitcoin, for example, is being traded from $10,152 to $10,865, you start by scouting for the crypto exchange that sells the $10,152 Bitcoin and buys it, then sell it to the exchange that buys the Bitcoin at $10, 865. You earn a profit margin of $713. Opportunities. You can identify opportunities in arbitrage between exchanges by taking into consideration the ... 2. A Simplified Example of Arbitraging Bitcoin. Let’s take a simple arbitrage example in order to illustrate how arbitrage is done. At the time of writing, the price of Bitcoin on Bitstamp is $11,561 while the price of Bitcoin on CEX.io is $11,645.. The difference between prices is $84, and this is quite a decent opportunity for arbitraging. ket. Theoretically – as bitcoin provides an easily accessible spot market for currency swaps – one would expect that the bitcoin exchange rate and the official spot exchange rate should be similar, or else they would provide an easy opportunity for profit.1 It should be noted that– unlike any paper that studies arbitrage in exchange rate markets, for exampleAkram et al.(2008) – we ...

[index] [11100] [7162] [12065] [26621] [46227] [26427] [13465] [38149] [50064] [3599]

CryptoCurrency Arbitrage Trading Software

Paxful P2P Marketplace makes it easy to arbitrage bitcoin for instant profits.Bitcoin Arbitraging has never been easier you literally can set your own bitcoi... The idea of Bitcoin arbitrage sounds easy and simple enough, and with the extreme volatility in cryptocurrency markets, arbitrage opportunity’s are all over ... Crypto Currencies arbitrage calculator with direct connect to exchanges: https://iticsoftware.com/cryptocurrencies-arbitrage-calculator Write a simple bot on exchanges and get them to communicate with other bots over a server to take advantage of bitcoin arbitrage. Each bot needs to: 1) Send ... I developed a tool specifically to help me with my trading/arbitrage. You can check it out at: https://sackthejob.clickfunnels.com/coinspionage Come hang out...

#