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LN Markets apparently doing well while Kollider going away
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LN Markets apparently doing well while Kollider going away
I think they focused too much on the stablecoin wallet and forgot about the rest.
My concern with LN Markets is the creation of a monopoly on futures trading.
There is a difference between being a leader and a monopoly.
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Yes. We have proposed to them collaboration. We did implement a synthetic stablecoin "channel" using known hosted channels tech from Bitcoin Lightning Wallet and Simple Bitcoin Wallet in our SBW fork Valet. But Kollider rejected it, and later, they released their browser wallet.
Valet still works, by the way, and anybody could use it for regular channels. Standard Sats will maintain it as long as we can.
Kollider was working with the central limit order book while LNMarkets was basically a broker, and they arbitrage quite harsh KYC rules of Bitfinex.
Kollider tech could become a base of future satoshi-denominated financial products. However, likely it will be somebody else.
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Good remember :)
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Not their fault if no one competes.
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I doesn't said they 'fault', I said about monopoly. This can happen.
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This will happen with anything related to fiat and trading shit...
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So any stable coin on lightning?
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that is such moronic thing
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Ok, dollar token?
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dollar token
That is literally CBDC
sats only fuck the rest
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I somewhat agree. But much of the developing world wants a dollar token.
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Hey @notgeld how is your stablesats shitcoin trading going ?
STABLESATS GET REKT LOL
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Even I am surprised by such a level of retardedness from your side. Three exchanges have been testing products with settlement in sats. One just closed and explained their problems.
Although I have some insider info and could make my judgment about their situation, you are just a bigot. You can't even relate to people who build on Lightning.
And there is a graveyard of Lightning projects.
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@remindme 2 years let's see if in 2 years these stablecraps still exist
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Oef, well that's what this space is about F'ing around and finding out, it's the only way, sometimes there isn't product market fit, and sometimes you're too early but its all lessons
There will be a graveyard of bitcoin brands and companies, but they are not bitcoin thankfully, so we keep going.
Hopefully they find something that does generate positive cash flow, thats what startups need to do, keep pivoting until something does stick
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Respect their effort for trying to do something different/new ....
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I quit using them when they added a eth trading pair then I came back after they deleted it. Then when BTC pumped earlier in the year to 30k my position was closed randomly. Had trouble getting my sats out.
Very cool UI but it appears it was all show little go
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Sorry guys, my fault. Opened up a 10x position at 16k and was planning my retirement by halving.
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