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Blackbird: Bitcoin arbitrage

(github.com)
298 points vega_empire | 1 comments | 23 Dec 17 12:39 UTC | HN request time: 1.53s | source
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companyhen ◴[23 Dec 17 16:38 UTC] No.15994856[source]▶
Seems like majority of HN hates crypto which is disappointing. Luckily there are a ton of great subreddits, slack, telegram, and discord channels out there.
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kbwt ◴[23 Dec 17 18:44 UTC] No.15995552[source]▶
They may dislike the current state cryptocurrencies are in while fully supporting the underlying idea.
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have_faith ◴[23 Dec 17 19:16 UTC] No.15995715[source]▶
This really. Nothing against cryptos but have developed a distaste for the ecosystem in general. I was sold on the idea of a currency that could help people in third world countries with stupid banking policies but instead 99% of the money in crypto is speculation waiting to cash out to fiat.
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1. beaner ◴[23 Dec 17 19:30 UTC] No.15995805[source]▶
There's definitely a lot of speculation. But much of it before the last 6 months was philosophically driven. I wouldn't say the vast majority is just waiting to cash out. A popular bitcoin meme is that once the price is high enough, you won't have to. (Because it will then itself be the currency that everyone uses and cashes out from other currencies into.)