Pachinko (パチンコ?) is a type of mechanical game originating in Japan and is used as both a form of recreational arcade game and much more frequently as a gambling device, filling a Japanese gambling niche comparable to that of the slot machine in Western gaming. A pachinko machine resembles a vertical pinball machine, but has no flippers and uses a large number of small balls. The player fires balls into the machine, which then cascade down through a dense forest of pins. If the balls go into certain locations, they may be captured and sequences of events may be triggered that result in more balls being released.[1] The object of the game is to capture as many balls as possible. These balls can then be exchanged for prizes. Pachinko machines were originally strictly mechanical, but modern ones have incorporated extensive electronics, becoming similar to video slot machines.

Pachinko parlors are widespread in Japan, and they usually also feature a number of slot machines (called pachislo or pachislots); hence, these venues operate and look similar to casinos. Modern pachinko machines are highly customizable, keeping enthusiasts continuously entertained.

Gambling for cash is illegal in Japan. Pachinko balls won from games cannot be exchanged directly for money in the parlor. The balls are exchanged for tokens or prizes, which can be exchanged for cash at a place nominally separate from the parlor.

I have spoken to many people on forums and IRL and the ones that have heard about NXT or the ones that already invested in it say it's a great coin. After I read up a lot of info I also decided togive the platform and currency a try ! I love the platform and in my opinion it is the best out there .. Now, what it all comes down to, is that Nxt has great development , a great active community and many features that overrule a lot of other coins if you look at it. BUT, the major and primairy role why it isn't succeeding is the lack of marketing done by anyone in the community. IT's funny that people put tons of effort in features and then don't use them to the extend they are ment to be used !

So how can I boost Nxt's marketing in a efficient way so that the overall crypto public, actually gets to know the coin and sees the benefits of it like I do ?
I'm already very active on the Nxt forums.

If you'd lik to know more about Nxt and all the stuff I praise take a quick look at https://nxtforum.org/ and take a quick browse in the sections to get a broader idea.

Anyone here that feels the SAME and has something to add to this lack of marketing ?

And that's why now people that want to us the ripple system have to register their identity.

XRP price is now about 30,000 per BTC.
With Fidor Bank and other transaction processes also being reviewed for suitability on the network, I expect the price to go up 10-fold this year.
Also note they were picked up for missing AML processes by FINCEN last week..
Any thoughts

The Isle of Man's Department of Economic Development (DED) today announced plans to trial the first government-run blockchain project.

Using proof-of-stake protocol Credits, developed by local startup Pythia, the department will create a registry of digital currency companies operating on the island.

However, the "proof of concept" is not intended to rival any future directory introduced by the island's Financial Supervision Commission (FSC), the DED said in a statement.

Net Neutrality and the Safe Network

Per Wikipedia, “Network Neutrality” is the principle that all Internet traffic should be treated equally. Essentially, the concept calls for a level playing field for all users, whether they be individuals or providers of high-bandwidth services like Netflix, HBO, etc., or whoever.

From an egalitarian perspective, the answer as to whether net neutrality is a good idea or not is easy: of course, it is good.

From the perspectives of companies which wish to provide high-bandwidth services, as well as the customers who are willing to pay extra to receive those services in the best possible quality, the answer is not so clear. Why, for instance, can’t such services as Netflix, and thus the customers who use them, pay more so that high-access-streaming channels can be built up, taking traffic off of the other lines, thus being better for everyone?

The only real value still built in is that of the electricity and hardware costs.

As global mining operations continue to consolidate, mining efficiency increases. This trend is predictable and irreversible. Therefore that intrinsic "cost of creation" declines at a rate that's also predictable.

Any speculative value that's currently built in is also fated to decline as trading efficiency increases and arbitrage opportunity disappears -- not to mention that the classic early-stage hype bubble has come and gone.

Finally, any commerce/transactional-discount value that's currently built in will decrease as the user marketplace approaches ubiquity and merchant competition dilutes potential margin plays.

... I look forward to intelligent, reasoned arguments for how Bitcoin will again find a value north of $300.

Ben

DEA to traveler: Thanks, I’ll take that cash

Maybe he should have taken traveler’s checks.

But it’s too late for that now. All the money – $16,000 in cash – that Joseph Rivers said he had saved and relatives had given him to launch his dream in Hollywood is gone, seized during his trip out West not by thieves but by Drug Enforcement Administration agents during a stop at the Amtrak train station in Albuquerque.

An incident some might argue is still theft, just with the government’s blessing.

Rivers, 22, wasn’t detained and has not been charged with any crime since his money was taken last month.

That doesn’t matter. Under a federal law enforcement tool called civil asset forfeiture, he need never be arrested or convicted of a crime for the government to take away his cash, cars or property – and keep it.

Switzerland’s financial market regulator says the virtual currency Bitcoin needs to be treated as a serious medium for illicit activity like money laundering in a sign of the widening acceptance of the digital payment system.

Bitcoin’s ability to be used anonymously and internationally increases the risk it could play a role in terrorist financing, Finma, as the regulator is known, said in a February report on draft of its revised decree on money laundering. Handelszeitung reported Finma’s mention of Bitcoin earlier today.

Well, it was bound to happen sooner or later.

Our beloved amigos at the US Financial Crimes Enforcement Network (FinCEN), have just issued the first-ever ‘civil enforcement action’ against a virtual currency.

The offending criminal mastermind in this case? Ripple Labs.

If you’re not familiar, Ripple is a virtual currency platform that was once the darling of Silicon Valley, attracting top VC firms like Google Ventures and Andreessen Horowitz.

US Financial Crimes Enforcement Network (FinCEN) director Jennifer Shasky Calvery said during a speech today that her agency is in the process of investigating businesses in the digital currency ecosystem.

Calvery gave the keynote address during the first day of the 2015 West Coast Anti-Money Laundering Forum in San Francisco. FinCEN later published the text of her speech, which acknowledged that “a series of supervisory examinations of businesses in the virtual currency industry” had begun.

US Financial Crimes Enforcement Network (FinCEN) director Jennifer Shasky Calvery said during a speech today that her agency is in the process of investigating businesses in the digital currency ecosystem.

Calvery gave the keynote address during the first day of the 2015 West Coast Anti-Money Laundering Forum in San Francisco. FinCEN later published the text of her speech, which acknowledged that “a series of supervisory examinations of businesses in the virtual currency industry” had begun.

The Bitcoin Foundation has always had public relations issues. Its infamous alumni like former Mt. Gox CEO Mark Karpeles and Bitcoin wunderkind Charlie Shrem have provided an ample source of animosity toward the Bitcoin movement. However, and historically, these publicly disgraced Foundation members have resigned as an altruistic act of putting Bitcoin before themselves.

But what happens when a committee member refuses to step down, even when faced with a blatant conflict of interest?

I think that the best "feature" of a coin is adoption. Technology is not that important as long as the coin has no flaws in source code/network.

According to Hearn’s calculations, Bitcoin capacity will run out this year, and this is why he and Gavin Andresen have begun talking about and working on getting ahead of this issue. Bitcoin usage seems to have fallen into a fairly consistent pattern of stagnation in the Spring and Summer, and growth in the fall and winter, going back to Mt. Gox in 2013. Mike Hearn worked for three out of his eight years at Google doing capacity research within their Geo Team for Google Maps/Earth, so this is not his first rodeo when it comes to network capacity issues.

“Quite simply, we are out of time. There are no credible technical proposals that could gain widespread adoption within the next twelve months, beyond simply raising the capacity on the existing system,” says Mike Hearn.