51–60 of 257 posts
Segregated witness should activate in litecoin in about ~6 days. http://litecoinblockhalf.com/segwit.php
What is this?
https://bitcoincore.org/en/2016/01/26/segwit-benefits/
Litecoin is based on Bitcoin Core's codebase and therefore inherited it as well. Due to various reasons it's activating on Litecoin before Bitcoin.
Would a vendor like coinbase be subject to any legal repercussions if its employees purchased litecoin before the option to purchase went live, and the price spiked?
Is there interest in a cryptocurrency index fund? The idea is you could just buy an index fund composed of, say, 50% BTC, 20% ETH, 15% LTC and 15% ZEC. I'm fairly certain that one of these cryptocurrencies will 10 or 100x in value over the next 5 years, but buying each one individually is just such a pain. Would you invest? In reality, we'd probably buy the top 10 coins weighted according to some measure, and rebalan…
> ... buy the top 10 coins weighted according to some measure, and rebalance once a week
As a relatively sophisticated investor myself, I'm not against the idea, but whether or not I'd invest in it would depend heavily on the implementation. And as of now with that example portfolio, I definitely wouldn't invest in it. Having a large btc bias when all the major cryptos are already highly correlated with btc seems redundant, and rebalancing once a week seems like overkill. Also, marketcap is a poor indicator of returns, in case you're considering using it for weighting.
Is there interest in a cryptocurrency index fund? The idea is you could just buy an index fund composed of, say, 50% BTC, 20% ETH, 15% LTC and 15% ZEC. I'm fairly certain that one of these cryptocurrencies will 10 or 100x in value over the next 5 years, but buying each one individually is just such a pain. Would you invest? In reality, we'd probably buy the top 10 coins weighted according to some measure, and rebalan…
This is a bad idea. When you're buying a cryptocurrency, you're purchasing trust. Leaving your cryptocurrency with a third party undermines this. Any business idea based on people leaving cryptocurrency with a third party is doomed. Instead, why not tackle the reasons why buying those cryptocurrencies are difficult?
Neither does Polychain Capital, the cryptoasset hedge fund backed by Andreesen Horowitz and Union Square Ventures.
Is there interest in a cryptocurrency index fund? The idea is you could just buy an index fund composed of, say, 50% BTC, 20% ETH, 15% LTC and 15% ZEC. I'm fairly certain that one of these cryptocurrencies will 10 or 100x in value over the next 5 years, but buying each one individually is just such a pain. Would you invest? In reality, we'd probably buy the top 10 coins weighted according to some measure, and rebalan…
> fund composed of, say, 50% BTC, 20% ETH, 15% LTC and 15% ZEC > ... buy the top 10 coins weighted according to some measure, and rebalance once a week As a relatively sophisticated investor myself, I'm not against the idea, but whether or not I'd invest in it would depend heavily on the implementation. And as of now with that example portfolio, I definitely wouldn't invest in it. Having a large btc bias when all the…
Earlier quoted context omitted.
If you are buying to speculate perhaps your concern is not the features of the currency but rather the profit potential. You might be perfectly content trusting a third party.
This could not be further from the truth. If anybody else has the private keys to your coins, you don't own the coins. People have been burned by a countless number brokers. They will not leave their coins with a company such as this. Only the most unsophisticated investors leave their coins with brokers. Anybody knowledgeable enough to invest in multiple cryptocurrencies is smart enough to know they need complete co…
I leave my fiat money in banks because I judge that the risk of the bank disappearing and taking my money with it is lower than the risk of my house getting burgled, catching fire, etc. Likewise, it's entirely reasonable to think that a competent Bitcoin broker is more secure and safe than my half-assed attempt to keep my own keys and risk losing access to my coins through my own incompetence.
Earlier quoted context omitted.
If you are buying to speculate perhaps your concern is not the features of the currency but rather the profit potential. You might be perfectly content trusting a third party.
This could not be further from the truth. If anybody else has the private keys to your coins, you don't own the coins. People have been burned by a countless number brokers. They will not leave their coins with a company such as this. Only the most unsophisticated investors leave their coins with brokers. Anybody knowledgeable enough to invest in multiple cryptocurrencies is smart enough to know they need complete co…
I am not talking about if it is a good idea to hold paper gold or btc, just if people would by paper btc.
Earlier quoted context omitted.
> fund composed of, say, 50% BTC, 20% ETH, 15% LTC and 15% ZEC > ... buy the top 10 coins weighted according to some measure, and rebalance once a week As a relatively sophisticated investor myself, I'm not against the idea, but whether or not I'd invest in it would depend heavily on the implementation. And as of now with that example portfolio, I definitely wouldn't invest in it. Having a large btc bias when all the…
I assumed those percentages were just totally made up to demonstrate the idea, not a concrete proposal.
EDIT: also, the btc bias comment was meant to generalize beyond just that example portfolio, because as a potential 'customer', I felt it should be made clear that btc is what I hold when I want liquidity, therefore it seems redundant to allocate any significant portion of my investment portfolio into an asset that I'm already going to be maintaining for everyday use and casual savings anyway.
Segregated witness should activate in litecoin in about ~6 days. http://litecoinblockhalf.com/segwit.php
What is this?
Would a vendor like coinbase be subject to any legal repercussions if its employees purchased litecoin before the option to purchase went live, and the price spiked?