If the fate of Bitcoin rests on the hands of a small group of people, then the project is a failure. It was supposed to be open and self sustainable.

It wasn't supposed to be like this, a very small group of people already holds (sort of) control of the fate of the system, which was supposed to be ruled purely by supply and demand. And now there's a conflict of intere$ ts. It's not a technical argument, otherwise we would all arrive into consensus.

At the end of the day, this whole BIP148/UASF argument is confirmation that the Bitcoin project had a great start, proposing a fantastic currency system, but it is bound to flop, not because of a technical limitations, but interests. I mean, what's the matter? If a small group of people can decide the fate of something, then the system ain't that special.

Bitcoin should just exist, without control whatsoever. No one should possibly be able to interfere with it. Unless somebody finds a solution that completely nullifies the purpose and existence of Jihans, it will be a matter of time until BTC dies.

submitted by /u/Sucake
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Bitcoin

Self trade prevention

I’ve read recently following on GDAX:

You cannot trade with yourself on GDAX. If you create a buy or sell order for the same price as another matching order then they will cancel each other out.

I want to know is it a default protection practice, used all over the exchanges or only a GDAX innovation? What about stock markets and other legal trading platforms. Do they also implement this?

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