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idfnl

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Atomic swaps would be trades of BTC/LTC/VTC (coins with a similar language/chain) without a third party or exchange needed. (so no deposit/withdrawal/exchange fees)
Nice. One if the major problems with BTC right now are transaction fees.

I wonder how that effects the mining and exchange networks. I can imagine they'll never want something like that. I smell a fork, unless there is something I'm missing about this story.
 

venividivicibj

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Nice. One if the major problems with BTC right now are transaction fees.

I wonder how that effects the mining and exchange networks. I can imagine they'll never want something like that. I smell a fork, unless there is something I'm missing about this story.

That’s one of the main ideas around Vert, ASIC resistant means it won’t be controlled by a few powerful mining farms. Much more decentralized. Add in atomic swaps —> lower costs, faster transactions, more decentralized.
 

idfnl

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Brilliant.
 

idfnl

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Bitcoin 15,000 just hours after 14,000.
 

idfnl

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$16,950.

This is insane.
 

idfnl

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I’m expecting a good 30-50% crash at 20k or so.
It just hit 19,400 on coin base.

This has to be big time institutional money pouring on. How the shorts play out here is going to be very interesting. Were a short squeeze to happen, I cannot imagine what the price would shoot up to.
 

idfnl

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Coindesk is not an exchange. Not sure where they get their data, but buying on coinbase at 11:26 you'd be paying 19,340.

Coinbase:


Capture5.PNG
 

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