Australian (ASX) Stock Market Forum

Blockchains, cryptocurrencies and the future...

Tech do you use a wallet or is there just a broker who allows you to trade the 'majors'

?

Getting a wallet
Use BTC

Sat and watched the account go into negative and back to yesterday’s close in an Hr

Fear at its best
Someone made some bucks!

If you manipulate a few of them everything follows
 
Add some more tech, nothing beats averaging down!
 
I have not found any real catalyst or news. Plenty of general bad press over the passed few days but nothing out of the ordinary.

Have I missed something?
 
Add some more tech, nothing beats averaging down!

Not out of the question

I’ve been watching Bitcoin course of trades
Sales are bits of coin
Buying full coins

Don’t think there is much of any understanding or reasoning
My view is that a lot of dabblers have dabbled and freaked at what
They made and lost in hours. So volatility of epic proportions.

But underneath there are long term holders who do take advantage of dips
They bought Back very strongly when bitcash dropped 79%
Only lasted minutes
 
Hardware wallets - if you don't use 'em, your open to getting hacked and funds stolen


Hackers Stole $413.000 from BlackWallet
The attack reportedly took place on 13 January after hackers managed to hijack DNS server for BlackWallet

Hackers have hijacked the DNS server for BlackWallet, an online wallet for Stellar Lumens (XLM), and has stolen about 669,920 Lumens amounting to about $413000 according to the current rate.

The attack reportedly took place on 13 January after hackers managed to hijack its DNS server, change the settings and redirect it towards their own third-party server.

Many users have taken to social media, Reddit, Stellar and other cryptocurrency forums to warn others against logging into the compromised website and having their funds vanish from their wallets.

BlackWallet administrators have also been trying to contact Bittrex to block the hackers' account.


 
IBM executive says blockchain 'creates a lot of value' for manufacturers, retailers
  • "Mad Money" shot Jim Cramer spoke with IBM's Martin Schroeter after earnings to hear his take on blockchain, bitcoin and the new tax law
  • Schroeter, the former CFO and current senior vice president of global markets at IBM, said blockchain "creates a lot of value" for the manufacturing and retail industries
  • Schroeter also said that while Washington's new tax law was a short-term headwind, IBM still supports the legislation.

 
How, pray tell?

Streamlining
Cuts down on paperwork
Can't double spend/reverse transactions
Open ledgers (anyone can view/see)


Share trading. T2/T3 settlement for shares. Can be eliminated, settlement done instantly.
Can incorporate smart contracts into real-estate, buying/selling. 14 day building + pest/finance clause satisfied, can be set up to automatically trigger unconditional contracts.
 
Most of that doesnt require blockchain. In fact blockchain is a stupid way to do much of that.
 
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