81 sats \ 6 replies \ @TNStacker 3 Nov 2023
LN Markets apparently doing well while Kollider going away
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60 sats \ 5 replies \ @Rsync25 3 Nov 2023
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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0 sats \ 0 replies \ @notgeld 3 Nov 2023
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.
https://play.google.com/store/apps/details?id=com.btcontract.walletfiat
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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0 sats \ 1 reply \ @nicosey OP 3 Nov 2023
Still have https://10101.finance/
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0 sats \ 0 replies \ @Rsync25 3 Nov 2023
Good remember :)
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0 sats \ 1 reply \ @TNStacker 3 Nov 2023
Not their fault if no one competes.
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0 sats \ 0 replies \ @Rsync25 3 Nov 2023
I doesn't said they 'fault', I said about monopoly. This can happen.
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31 sats \ 0 replies \ @Rsync25 3 Nov 2023
Sad
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10 sats \ 7 replies \ @DarthCoin 3 Nov 2023
This will happen with anything related to fiat and trading shit...
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0 sats \ 5 replies \ @nicosey OP 3 Nov 2023
So any stable coin on lightning?
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0 sats \ 4 replies \ @DarthCoin 3 Nov 2023
that is such moronic thing
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0 sats \ 3 replies \ @nicosey OP 3 Nov 2023
Ok, dollar token?
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1 sat \ 2 replies \ @DarthCoin 3 Nov 2023
That is literally CBDC
sats only
fuck the rest
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0 sats \ 1 reply \ @nicosey OP 3 Nov 2023
I somewhat agree. But much of the developing world wants a dollar token.
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1 sat \ 0 replies \ @DarthCoin 3 Nov 2023
If they want to be fucked...
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0 sats \ 0 replies \ @Rsync25 3 Nov 2023
True
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100 sats \ 0 replies \ @nitter 3 Nov 2023
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1 sat \ 2 replies \ @DarthCoin 3 Nov 2023
Hey @notgeld how is your stablesats shitcoin trading going ?
STABLESATS GET REKT LOL
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0 sats \ 1 reply \ @notgeld 3 Nov 2023
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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0 sats \ 0 replies \ @DarthCoin 4 Nov 2023
@remindme 2 years let's see if in 2 years these stablecraps still exist
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0 sats \ 0 replies \ @TheBTCManual 4 Nov 2023
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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0 sats \ 0 replies \ @muteness11 4 Nov 2023
Respect their effort for trying to do something different/new ....
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0 sats \ 0 replies \ @BlokchainB 3 Nov 2023
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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0 sats \ 0 replies \ @chairman_pretense 3 Nov 2023
Sorry guys, my fault. Opened up a 10x position at 16k and was planning my retirement by halving.
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