Coinbase Index Fund • Hacker News Board

Re: Coinbase Index Fund

#341

Post by iopuy » Fri, Mar 09, 2018, 5:42 PM UTC

DaiPlusPlus wrote: post #320

optimuspaul wrote: post #302

Earlier quoted context omitted.

peaced out? Like dead, unconscious, or just left? (is it just me or is HN becoming more unreadable due to increased usage of slang?)

He (claims that he) sold/divested all of his LTC right around the peak in December because he wanted to be neutral in its development.

He also then donated the proceeds to Litecoin development.

Re: Coinbase Index Fund

#342

Post by solmonstavis » Sun, Mar 11, 2018, 1:46 PM UTC

ro-_-b wrote: post #328

m-i-l wrote: post #260

Earlier quoted context omitted.

Sounds great. Given that in stock market investing you are better off on average with passively managed tracker funds, there does seem to be a big gap in the market for a crypto asset equivalent. Having a crypto equivalent of an ETF as single tokens representing e.g. CMC100 would bring a whole host of challenges, e.g. regulatory, security, ease of manipulation (it is relatively easy for whales to temporarily get coin…

is this list of crypto Index Funds complete? https://en.bitcoinwiki.org/wiki/Index_Fund

DigiCor.io is also a well established crypto index Fund

Re: Coinbase Index Fund

#343

Post by solmonstavis » Sun, Mar 11, 2018, 1:47 PM UTC

ro-_-b wrote: post #328

m-i-l wrote: post #260

Earlier quoted context omitted.

Sounds great. Given that in stock market investing you are better off on average with passively managed tracker funds, there does seem to be a big gap in the market for a crypto asset equivalent. Having a crypto equivalent of an ETF as single tokens representing e.g. CMC100 would bring a whole host of challenges, e.g. regulatory, security, ease of manipulation (it is relatively easy for whales to temporarily get coin…

is this list of crypto Index Funds complete? https://en.bitcoinwiki.org/wiki/Index_Fund

DigiCor Asset Managment is also a well-established crypto index fund.

Re: Coinbase Index Fund

#344

Post by zerostar07 » Sun, Mar 11, 2018, 7:32 PM UTC

loeg wrote: post #306

zerostar07 wrote: post #253

Are index funds the new subprime mortgage packages?

Absolutely not. Cryptocurrency may be.

so how is the index fund not a looming disaster?

Re: Coinbase Index Fund

#345

Post by optimuspaul » Tue, Mar 13, 2018, 1:51 AM UTC

elif wrote: post #338

optimuspaul wrote: post #302

Earlier quoted context omitted.

peaced out? Like dead, unconscious, or just left? (is it just me or is HN becoming more unreadable due to increased usage of slang?)

(I have been here 4 more years, so your aside doesn't withstand basic reasoning. I would also caution you that it walks the line of HN policy)

Sorry, I meant no offense... I've been very confused lately with people using slang or ambiguous wording. Could be because I'm getting old. I do remember back in the 80's when "peace out" was a popular saying, it basically meant goodbye. In the 90's it evolved, saying one "peaced out" meant they had died usually murdered. I can't keep up on what it could mean now, so I asked. Perhaps my parenthetical went too far, it wasn't meant as an attack, just observational humor?)

Re: Coinbase Index Fund

#346

Post by hanniabu » Tue, Mar 13, 2018, 7:24 AM UTC

andypants wrote: post #263

hanniabu wrote: post #202

Earlier quoted context omitted.

Blocknet is an awesome open source project you may want to look into. It's an interoperability protocol and one example use-case project they built on it is a trustless decentralized exchange that allows you to trade directly from your wallet.

Does that mean you also have to pay transaction fees for every trade, and wait for confirmations, etc.?

Correct, whether it's worth it or not depends on how much you care about security and decentralization. It works well for OTC trades, dark pools, escrow, no-limit withdrawals(because you're trading from your own wallet), and anyone who doesn't want to create an account and have their trades tracked.