Bitcoin Black Friday is back, for another year. November 24th 2017

2017 has been an interesting year for me. I started working with bitFlyer, a Tokyo-based Bitcoin exchange, on their US expansion. I've been thrown deep into the world of trading and it has deeply changed my perspective of how I view Bitcoin is valued. With Bitcoin's use case increasingly seeming like it will be mainly a store of value, a commodity to be traded, I was feeling pretty hesitant about spending anytime to throw another Bitcoin Black Friday. The final nail in the coffin was the 2x hardfork. I figured with all the noise it wasn't worth bringing the community together for any event whe…

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I am refunding the PRX sale.

It was a bit of a solemn day yesterday. The SEC stepped into the Crypto realm and stated something quite obvious: "DAO Tokens, a Digital Asset, Were Securities" This report the published was not an enforcement letter, it was simply an investigative report. Quite frankly, from the SEC's perspective, it was brilliant. The SEC's whole purpose is to protect U.S. investors. We are in the midst of a huge, billion dollar ICO bubble, with presumably hundreds of millions of dollars of U.S. investors' dollars at stake. While I expected the SEC to immediately lash out and shut down some of the more unscr…

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How to trade XRP/PRX on Gatehub or Rippex

I'm making a very simple, easy to follow guide on how to trade XRP for PRX on both Gatehub and Rippex's desktop client. If you are new to trading, I will try to guide you through the process and explain some of terms used on both pages. Please keep in mind for both Gatehub and Rippex you need to extend a trustline to PRX from issuer rPRXcb4T8r7VezKkgRbQBuzGrftsjgJcUu otherwise you can't hold nor trade PRX. On Rippex go to the Trust Lines tab and add this: On gatehub, visit your wallet screen. Click the advanced tab here: Next click the 'set trust' button here: Enter your password. Keep in mind…

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I don't support Bitcoin scaling.

You didn't misread the title. I don't support SegWit, I don't support bigger blocks. I think it is time to stop Bitcoin development. The scaling debate hasn't shown strength, it hasn't provided a 'trial by fire' childbirth of something greater. When Bitcoin is through whatever happens after August 1st, it will be weaker, it will be less valuable than it could have been. It will bounce back, but I don't think the community or the currency could handle another fight. We're divided as a community. It is time to let Bitcoin be. Bitcoin is not going to be used for coffee. Even if it is, at this jun…

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