You are viewing a single comment's thread from:
RE: Bitconnect reported to the UK authorities - threatened with shut down - Is this how Bitconnect comes to it's end? 🤔
Agreed . But bitconnect could effect all cryptocurrencies. Because of regulation that coming. Bitconnect is a parasite on bitcoin. If anything brings down bitcoin. It would be bitconnect. But don’t worry when bitcoin loses pioneer front runner status. And btc value drops so will bitconnect. Then it would be the perfect excuse for government around the world to start crippling regulations on all cryptocurrencies.
regulations would strengthen the price of bitcoin if anything as would remove some uncertainty from markets and encourage mainstream investment.
bitconnect is a premined token not based on bitcoin they only take payments in btc.
goverments cant do anything against cryptos would need to remove internet and all forms of transmitting signals even SMS isn't possible and once global mesh networks are setup internet based operations will be fully decentralized.
how will bitcoin lose to anything is top for security and has stood test of time nothing comes close and now that the cheap mining in bitcoin cash is gone will fade back again and unless they find a use to fill blocks has no real viability vs bitcoin
They way they would regulate is at the centralized exchanges. Look at China ban exchanges. Shut down all competition and partner with chbtc. And create zb.com thats regulated and track all transactions to see who to tax.
This is why I’m bullish with bts. Cuz when the us gov decides to do it. Shut down all exchanges. Partner with coinbase. And there will be a rush to decentralized exchanges.
I know what you mean on impossible to shut down some cryptocurrencies as they can’t shut down the internet. I get that part.
And bitconnect would be the perfect excuse
china ban will be lifted soon enough they banned twice already and lifted again
bitcoin transactions are easily traced anyways no need to control exchange to do this wouldn't matter unless you plan some illegal activity or want to hide funds you'll have to pay capital gains tax anyways with investing through fiat
and with a decentralized exchange bitshares hasn't a hope of competing vs the likes of waves control in bitshares has become too centralized and doesn't have as much partnerships or potential
Bts dpos is more decentralized than waves. Bts does tranactions faster than waves. Bitspark and more companies are partnering with bts. Bts will be incorporating openview.
Bts has interest free leveraged trading. Waves is a centralized slower version of bts. And when eos starts there blockchain next year. Bts. Will be upgraded to eos tech. Sorry but you are completely misinformed. And need to do more research
how is it more decentralized?
elected nodes in bitshares have control with waves only control is with site none with blockchain
waves has one minute transaction time what type of transaction requires faster
waves will have onboarding of every means possible with F.I.A.T bank transfers debit cards etc
waves has partnerships with Deloitte Gazprombank Digital and is setup with Azure Microsoft marketplace
waves isnt a version of bitshares doesn't use graphene is LPOS
so waves is miles ahead of bitshares and is still isnt fully operational so unless bitshares gets billions of investment will fade further to the backround
you have too much faith
Dpos nodes are located in every continent. And evenly distributed. Bts is running for over 3 yrs. with 3 second transactions. Proven. Waves is even running yet. Either you are spreading disinformation on purpose or your a waves bagholder.
you obliviously dont know what your talking about
waves launched in November 2016 PROVEN
price development since platform launch $0.32c > $4.87
bitshares launched immediate massive gains for one month and continuous fall
go do some research
i dont need to have time to research your bts clone. im busy right now using my so called dated old tech of bts to borrow more bitUSD and im buying eos with steem. will be adding my steem stack very shortly. i would rather make money than argue with you for no benefit..