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andreasdotorg's profile
andreasdotorg
andreasdotorg
andreasdotorg
@andreasdotorg

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andreasdotorg

@andreasdotorg

I'm a hacker, pretty much in the old school sense of the word. But I do know IT security too.

Joined April 2008

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    1. andreasdotorg‏ @andreasdotorg 8 Dec 2017

      andreasdotorg Retweeted The Price of Bitcoin

      Look at a network that is so congested that it can't arbitrate a 10% difference between exchanges during a boom. Now imagine that network under the load of a bust. This will be a hard crash.https://twitter.com/ThePriceOfBTC/status/939034475433902081 …

      andreasdotorg added,

      The Price of Bitcoin @ThePriceOfBTC
      $16799.00 #GDAX; $16333.00 #gemini; $16085.42 #bitstamp; $15968.75 #hitbtc; $16050.00 #kraken; $17743.73 #cex;
      7 replies 15 retweets 22 likes
    2. O‏ @O80925253 8 Dec 2017
      Replying to @andreasdotorg

      You can't arbitrage because of fiat and wiretransfers, supply and demand, btc markets aren't efficient yet.. If u don't understand financial markets pls don't spread misinfo.

      1 reply 0 retweets 0 likes
      andreasdotorg‏ @andreasdotorg 8 Dec 2017
      Replying to @O80925253

      You can still arbitrage given enough liquidity in the exchanges. I happen to have a degree in economics, do you?

      2:01 AM - 8 Dec 2017
      • 2 Likes
      • Daniel Ullrich ジェイ🌞
      1 reply 0 retweets 2 likes
        1. O‏ @O80925253 8 Dec 2017
          Replying to @andreasdotorg

          Yes in "Wirtschaftsinformatik". It has more to do with trust issues here combined with amount of users and supply. Hitbtc for example is a scam run by cyber crime guys from st Petersburg, same guys who pulled out bytecoin scam... No one with a brain trades there.

          0 replies 0 retweets 0 likes
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