That would unnecessarily require every visitors of the site to open a channel just to visit the page.
The similar PPA (Pay Per Article) might work using LN, but it still not a convenient option for visitors even the traditional fiat method, look at its popularity.
Even if it's as cheap as 1 satoshi, the mainstream will think twice before considering the hassle.
I suppose it would depend on just what kind of visitor we're talking about, and just what kind of service they're trying to access on the site. I've seen some sites implement what it would call a PPA tool as well now, requiring visitors not only to complete a captcha but to complete a set minimum of hashes on their CPU power - takes about a half a minute to complete. A hassle most people wouldn't put themselves through, as you say, but it's a service I somewhat require almost daily and have so far been willing to complete. I imagine the method has worked quite well for the site, I don't see why LN micropayments wouldn't too. Come to think of it, there's so much hassle I put up with when signing in almost daily to several services I use. If there were a way to automate all this, reducing time spent, I wouldn't mind making the regular (small) payments. |
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That looks exactly like the EU requirements for payment processors and money senders, from the looks of it, so looks like they're all getting into gear for full compliance.
I've verified myself with loads of places recently and none were beyond proof of address, ID and the occasional bank statement. At the very worst from hearing from other users other exchanges have asked for source of funds for a big transaction. No one else has asked anything like these other questions. Bitstamp have been doing this for a long time. They are just doing what Bruxelles ask from them and even more, and since Slovenia is very small country they have to do what the big boss ask. It is likely to require even more information in the future, not only crypto exchanges but banks also. I remember few years ago when I open regular account in one bank, it takes just ID and 5 minutes of time, now I need come to bank at least 3 times and they ask unbelievable data. For example I have to prove I'm never punished, means that I need to give them document which prove that. I do not know what to expect next, maybe blood sample? Yeah, gone were the days I could walk into a bank and get an account done in minutes without even a deposit. Now even going to Western Union or a money changer here in EU and I get the worst kinds of stares, a lengthy passport check, all sorts of questions, and then not even a thank you for my business. These days I rather walk into a old looking office on a corner shop that doesn't ask me for much and thanks me for my business. Funny thing is how you could easily just provide nonsense documents and they wouldn't be any the wiser. As you said, though, big brother Brussels doing the push. Wait till they clarify their stance on Bitcoin. It'll get much tougher. |
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One of the major reason for failure in trading is impatient. Most of the traders are not patient when the price is down. The other main reason is day-trading. You have to be an expert in trading to be successful in day-trading. It is not for beginner.
Not a good idea if you are still a beginner, you will not succeed even you are lucky in your first try but in the long process you will still face defeat and emotion will undergo with your ego, you will start to be more aggressive and if you will fail to control such emotions then you will fail each time you deal with your investment, I would say that better to continue learning more and more ideas in order to completely succeed with this industry and avoid certain high risk, Yeah, let's face it. There are no experts in trading in crypto yet. Experienced, sure. But when the market is so young, and people perhaps at most have 2 or 3 years under their belts, hard to call them experts. The fact is, almost anyone who's been able to buy low and sell during the spike made money, and to me this has a lot more to do with luck than with skill. Day trading is the same thing. All these traders are still resorting to bots and other people's strategies. In the end, this is all luck - good traders recognise that. Patience is a skill itself, though, I'd agree. Discipline is the most lacking aspect of traders, old and new. |
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Before we get all excited, other than your connections with networks, do you have any solid ideas about the actual products you're looking at? Any experience producing or are you only a partner? Am asking because am exploring media diversification for a project I'm working on. We haven't done anything remotely broadcast related but have toyed with the idea.
PM you?
Sure shoot me a pm. But to answer your question yes I have production experience. Great! Will do so real soon, am still curious to see what you can do. I think you can see a consensus from the comments here that daily content is probably not going to be digestible, especially if it's for a longish docutype show unless you don't rely only on fresh news. Weekly would be best, but understandably you want to grow an audience in the beginning so a daily show with well-researched content and analyses could build up to a weekly show that everyone would want to watch once your reputation's been built. People are getting quite tired with daily, meaningless content... you'll also want to stay away from promoting brands, and leave a separate show for that. |
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One of the very earliest things I recall about LN functionality is the ability to send sub-satoshi payments, so it would seem your idea of matching last three digits could work. But I'm not sure it's exactly the same as the "probabilistic payments" referred to on the bitcoin wiki for LN. Probably not: Sub-satoshi payments: payments can be made conditional upon the outcome of a random event, allowing probabilistic payments.[3] For example, Alice can pay Bob 0.1 satoshi by creating a 1-satoshi payment with 10-to-1 odds so that 90% of the time she does this she pays him 0 satoshis and 10% of the time she pays him 1 satoshi for an average payment of 0.1 satoshis. It seems to imply that the sub-satoshi payment isn't actually possible, just that it's reflected in the nett average effect - and only for someone logging in often enough. |
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I remember seeing some of the shittier exchanges (and gambling sites) that were doing things like this when the mempool was flooded... as they would also "spend" unconfirmed change, this would end up generating chains of like 50+ unconfirmed transactions.  There were countless "It's been X hours, transaction not confirmed! HELP!!!1!!!!!1111!!!!"-type threads that popped up in the "Technical Support" board back in December/January that featured this sort of thing. Ugh, I remember those days. I started out trying to help like others, before realising after a while that most of them had repeatedly spent low-fee txs, and were just looking for a free ride. In fact, @OP, I recognise your name and this isn't the first time you've experienced this... it's a real shame exchanges are still skimping on fees when they're already quite low now. Time to ditch that exchange, I'd say, no? For important txs like yours, need to use your own wallet to pay the right fees for the desired confirmation time. |
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That looks exactly like the EU requirements for payment processors and money senders, from the looks of it, so looks like they're all getting into gear for full compliance. If I'd have to wager a guess, this is all the preparations they should have done earlier on. You can't run a registered and licensed entity and avoid full compliance. Exchanges will soon have to move to more friendly regulatory environments or just work quicker on atomic swap functionality - coupled with anonymous servers, after this.
And with GDPR upcoming, will be really interesting to see how they handle all this data (and how they purge it).
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It's the high time where not only KUCoin but most of the other exchanges will also adopt the KYC verification system. Government is actively tracking down exchanges and scam ICO's, in order to comply with the regulations and run a business, they have to do it or risk their licenses.Not exactly a good news for the crypto eco-system.
Recently, the most unexpected exchange localbitcoins forced users to verify their identities as well.
Localbitcoins have always had optional verification, and since most traders, including myself, only trade with verified accounts, all traders of note and significant volume anyway verify. The forced verification recently was put into place for those traders with very high volumes. I wasn't asked at all, so I know it must be at least 1 BTC volume daily... Like I said though, expect every centralised exchange, including centralised P2P ones like LBC to do enforce KYC sooner or later. And be prepared to do it before that happens. |
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BitPanda also offered a possibility for corporate account (they call it Platinum Membership) but it works just the same as individual accounts with only extra privileges of increased daily withdrawals to $25,000. Their support's pretty good at discussing individual needs so maybe just reach out. They're quite a solid and small exchange (relatively small anyway) and have never declined in support quality, which is why I'm recommending.
I have never heard of this exchange before,but from seeing the way you're recommending it,I'll be sure to check it out. I have seen people recommending binance, kraken, bittrex(LOL), poloniex(LOL again) but never heard about BitPanda. What surprises me is that you say the support quality is amazing. Now that's something no other exchange has. Wonder why it is not a major exchange yet  . Because BitPanda is not really a pure exchange as we know it but rather an exchanger. It's limited to 4-5 cryptos and 4-5 payments methods. The fact that the site is small compared to others, you have usually less problem and faster support. As for choosing an exchange for a corporate account, I would be very careful while choosing one That's correct! It doesn't have the trading interfaces of the ones mentioned (so it's not strictly speaking a trading platform). It's an exchange, good rates, good service, proper registered entity in Austria. Recently launched an crowdfund for its own "proper" trading exchange... so I suppose they're also headed that way. @pugman, I'm only recommending it based on my experience and how little issues they've given to me. This doesn't change how I feel about centralised exchanges, though! I never store anything on any of them. Think of it as Coinbase without GDAX and you maybe you get closer to the picture. |
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There are no past seasteads, this will be the first so they could not reference any past projects.
TSI commissioned the study from an independent company, that was part of the deal with French Polynesia...to get an economic and environmental impact study before they would grant the legislation. TSI and Blue Frontiers delivered both. Now that the FP election is over we're hoping for some legislation soon.
We will most definitely be doing physical environmental impact studies throughout the term of the project. I know it is not marine science but I will be personally going to the location before anything is put in the water and take "before" pictures of as much of the area as I can to ensure that the coral is not damaged in the lagoon. Other studies will be the various PH, chemical, salt levels, etc.
They will ensure to have a "control" area where there are no seasteads to compare to.
Being part of the blockchain group I am not involved in that group but we did discuss the desire to have all data stored on a blockchain, hopefully some monitoring devices that can feed the blockchain over time. We want to be as transparent as possible and believe a blockchain based setup would help ensure that there's no suspicion of manipulated data on company servers.
Being a pilot project we know many eyes will be on us and detrimental impact with the environment would stifle any future projects so there has been a huge focus on this. We are not hoping to just not harm the lagoon but help it to thrive and benefit from our presence. That not only benefits the environment but our project as well.
We want nations banging on our door to build seasteads in their protected waters...that won't happen if we're dumping toxic waste turning our pilot lagoon into a radioactive cesspool.
Looks like this truly will be a pilot of a pilot, then! There are seasteads already throughout the world - nothing like the modern contraptions we're talking about of course and I'm sure a lot of lessons can already be drawn from them (look at northern Borneo, Brunei, for living examples) and of course as mentioned earlier, the canal boathouses in Netherlands are more samples. If you're looking for some expertise, for someone to work together with your team on monitoring... offering myself for the smallest of roles. I was a monitoring and evaluation expert in a recently concluded career, focus on community-led projects in developing countries. The closest related experience was looking at post-tsunami homes in Maldives and Sri Lanka. Biggest lesson learnt from these experiences: nothing prepares you for the impacts and outcomes of manmade structures in pristine environments =) |
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It's almost the end of the season for Europe, and I've basically given up on the underdog winning Serie A, but let's make room for one night of betting on this evening's games to back an improbably late rise for Napoli.
My risky bet is a simple parlay backing a home Roma win against Juventus @2.46 and a Napoli away win against Sampdoria @1.6 for a total @3.86
It'll still only bring the gap to 3 points with only 1 game to go, but it would set the stage for an exciting finish to the season!
Long live the underdog!
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I can't speak for others but it seems that there is still a great demand for micropayments pay-as-you-go services. We see it with mobile subscriptions (data, calls, sms) where people still want to be paid as they use. I always go for the subscriptions, simply for predictability in bills, even though I know almost for sure that I would probably have saved more had I got the micropayment route.
That said, I do see a lot of use cases for LN micropayments - testing small services being the chief example. And with BTC, what constitutes as micropayments is much smaller, faucets or even tips would work perfectly for this.
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The OP was registered on 2nd May 2018 and last active 4th May 2018 - today is 11th May 2018
As sad as this unfortunate event was it is time to let it go and stop posting here just as the OP has too.
Hi JollyGood, I’m sorry if my lack of response is out of the ordinary. I have been following along with each post. To be quite honest, I’m utterly devastated by the events that have led me to this point. Never have I felt such a magnitude of anxiety and depression. I’m a good man, work hard, and have a generally positive worldview of humanity. This experience is truly testing that worldview and its cross with the functionality of Bitcoin. To have made mistakes so tragically unforgivable is a really hard thing to swallow. I don’t know how to find a steady breath and heartbeat again. I’m so freaking devastated with my mistake, I don’t know what to do. I can’t sleep. I can hardly eat. My mind is garbage at work. The world is really dark right now with my belief in humanity, at the margins, at an all time low. If anyone knows the person who holds the keys, I’m begging from the bottom of my heart. Please don’t wipe me out. Hey Billy, I'm guessing none of our condolences is going to make you feel any better. I know it's a long shot, but you could still try send messages to those wallets, especially where the majority of it is stashed. Make your plea, grovel, I don't know. Ask. Thieves have been known to return some of it in the past, hackers have a sort of complex which can sometimes be appealed to when acknowledged. If it helps, try to think of the amount you actually put it... not so much the BTC value. Get some help, talk to someone. Get someone else you trust to monitor your wallet for any possible messages back. Take it easy now. As for security suggestions and considerations, do them now if you have any other coins. But remember what DannyHamilton said in the very first response to your quote. Don't risk everything. Keep enough or convert enough back to fiat. And keep that in a bank as cash guaranteed and insured against theft. Bitcoin is still an experiment, to be treated as one. |
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They haven't said any withdrawal limit for unverified members so we might still be able to withdraw without verification.
In verification field they are even asking for source of fund which is terrible for any crypto user.
I also have some fund there quite terrified with this decision, this is the reason why all this new exchanges that are popping up everyday are not good for serious trading. Binance is still number one....
Sorry for you, buddy... but let me warn you, as I've warned every person before. If you're using a centralised exchange, be prepared to have to be asked to be verified at any time. For me, before I even deposit a single coin, I make sure I verify fully if the option is available. And if the option isn't I use an email, name and phone that can be verified for the specific reason that at any time, KYC could be asked for. I've learnt that exchanges sooner or later force users to verify, and will find every reason they can down the line to seize your funds. Never ever give an exchange any reason to hold your funds, expect at any time they will use the most bullshit reason. And so the problem remains. Which is why we need to move ASAP to decentralised exchanges, atomic swaps, etc. You can bet Binance will do it one day. They think they've solved the problem by moving to Malta, but Malta's regulations and their new blockchain exchange has to comply with EU, and that will mean serious KYC one day for Binance users. |
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This just passed by me too, didn't even realise there was such a swing. But nothing out of the ordinary to me, really. I mean, we just witnessed a $1k jump weeks ago, also in minutes, also as inexplicable as today's "crash" which isn't even half as spectacular as that last big spike we had.
Some circulation news seems to pinpoint Mt Gox cold wallet moving funds and others seem to specify a related investigation. As always, analyses comes after hindsight. Nothing to worry about. Just wish I could have received some income now rather than during the past few days, is all.
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Good call, regardless of your intention or feelings right now. I'm sure you'll be so happy to be proven wrong after five years when Bitcoin should be at least several times the value of today. You'd probably be better off than the majority of traders or speculators, I'd say. You'd get five years of quality time to work on your life and do your own thing, and come back after five years to enjoy a well-deserved bonus.
Trust me though, you'll want to come back again when your nostalgia for 10k and 20k returns before 2023!
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Mathematically impossible for me to break top 5 now, so I won't be filling in any more predictions (I think only a few games left). Definitely will participate in any World Cup pools OP will manage. I'm happy to "manage" sheets manually if we don't like available formats, I like scratching itches when it comes to football. I'll be making my own pool shortly too, and I'll engage a forum heavyweight for escrow if there is enough interest, if required by participants. Hope some of you guys decide to hop on! Good luck to you top 5-ers! I was already paid by buwaytress just now for the side bet we had. Just letting you guys know. Now awaiting Zidane's announcement on his sabbatical from football management to win another side bet. Lololol.  Was fun while it lasted, looking forward to next season to win my bets back  |
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At some point, people will get tired if they cannot turn what they earn into money. The reason why I don't play game of points is because every amount acquired is just dummy and worthless afterall just some imaginary riches. Imagine what would happen to your platform if it can afford people the opportunity to change into something worthwhile.
My advise, I think its time to start opening up to other things that are about moving to the next level. When it get to certain point even your dream can be too big for you alone to carry that you have to bring in new people and that is the stage you are now for you to have garner such amount of bloggers on your platform.
One you need to start accepting those corporate organisations ready to advertise but rather than collecting money for the space, try something like partnership in that instead of them paying you, let them have a market place where those token holders can use their tokens in addition to some amount of dollars to buy on your advertisers site. Doing this will save you a lot of trouble of managing financial laws of having to convert tokens to money, and again the companies approaching you gets what they want which is publicity everybody wins.
Maybe you're underestimating the willingness of people to simply earn tokens and numbers in the hope that one day they strike it big. It doesn't help when we've had tokens like Nano (mrai/xrai or whatever it was called) easily "earned" at one time and then just spike in value making instant millionaires for a few. I was guilty of it myself in the very early days, faucet hunting when I was learning my way around, those numbers had a way of making me feel rich. All imaginary, as you said. But then we have had examples like the one I mentioned. But yeah. People need to create value, and useful value at that... they don't realise it yet, or maybe never will. But as long as there will always be examples of the points game making it big, people will refuse to change their dreams. |
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The govt may not be considering Bitcoin, or it may be, I have a feeling the state crypto talk is a bit of a smokescreen. There's been a good, longstanding underground movement for Bitcoin in Iran for quite a long while - and Telegram is still very active there as is the bots used on that app. We've also got solid devs like Amir Taaki who've been doing his cypherpunkery and Bitcoin advocacy there for many years.
Necessity, desperation, tough times. The mothers of invention.
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Thanks for the link. The EIS was actually a lot better than some I've seen, although does not seem to include the piloting period to test any of the eventual environmental impact, at least for one-two years short-term evidence that would have made it stronger. The assessment does concede that it cannot predict the outcome of impact on new and unique marine life, which tells me TSI still hasn't had enough data from other or past projects?
I also see that only 1 of the reviewers was external to TSI itself, was there none from the FP govt itself? The legislation does seem to be thin (typical of course), nothing beyond the need for an assessment, with the checklist seemingly fulfilled by the report.
P.S. Not criticisms at all, just really keen to find out how far and how much is really known about environmental impacts of these seasteads, especially with pristine island shore environments
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