agree with most of what was posted previously, the views have nothing to do with your rank. You have to post quality posts and people will start paying attention to you more. Also, do research and look through the boards before asking questions. More than likely the same question has been asked and answered before. This is a common mistake from newbies. Look through the boards and be patient, search for questions before asking them here. You could also go to other sites, like helptap.com, to ask basic questions.
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so with this clip the people are talking about creating another ledger that could rival bitcoin and replace fiat as a government controlled currency. The way that bitcoin, and altcoins, are supposed to be is that no one entity can control the ledger be they miners, organizations, or governments. There could be some coin that comes out that is controlled by an entity but it probably won't be supported by the community as a whole and go nowhere as a result. Though that remains to be seen. Continue to do research and look into things more. There are sites out there that could help, www.cryptofunds.online and helptap.com could be some sources of information as well as surfing though the boards here.
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Lending on an exchange, such as Poloniex, could bring you some profits but not much. On Poloniex the percentages to stay competitive are low, but if you want to let it sit there and gain without effort it's a way to go. I have yet to find other exchanges that offer P2P lending for margin trading, would love to see more. You could also diversify your lending by joining BTCPOP and Bitbond, though you would have the risk of the people not paying back what you lend out. BTCPOP does have a feature that liquidates any collateral of the borrower and pays the investors from that, not what you put into it but you get a small percentage rather than nothing. You could also look into putting your coin into the payroll of some gambling sites, again is risky due to the sites ability to bug out with everything. Just do research and make calls equal to your risk tolerance.
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Privacy would be nice to keep around, but wouldn't the main goal for bitcoin be to become the worlds currency? to replace the fiat currencies of the world? To do that the transaction issues would have to be answered and brought to Visa levels of transaction time/speed. I'm sure that there are persons working the privacy issues, but to grow and stabilize as a true currency then transactions fees/speed would have to be addressed.
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Newbies won't be able to join signature campaigns due to some of your predecessors abusing it. Essentially they were spamming to try to stay within the rules of the campaigns. Due to them spamming and abusing the rules signature campaigns don't allow newbies anymore. Just keep surfing the boards and participating, write quality posts and eventually join a signature campaign when you get more experience.
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I agree with a lot of what was previously said here. You need to have options for games instead of just one. Better to build a "casino site" that hosts several games and the players can choose which one to go to. That option would also take out the "each bet a transaction" issue that you have. With the fees being high it makes more sense to have a wallet in the site that players can deposit into and then play from the wallet instead of what you have now. That way the instant gratification hits and they don't have to wait for a transaction on the blockchain to see the winnings. It also opens the option to allow for more altcoins to be deposited into the site and played with, thereby increasing the potential for profits.
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User: baradfo Postion to Apply: Member Posts Start: 74 Address: 18qddXWguf9rr7hrwDPDvsqhcUruByn1Vn
Signature already changed to jump on expected position.
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Try: LTC IOTA NEO ETH XMR OMG Most of these are established coins and will be around for a while and will eventually rise. The others have a solid base and are proven not to be scams.
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I am thinking about to use an Altcoin debit card after I signed up for a Bitcoin debit card. I like the advantages of thoses cards, including the privacy (I know it is not complete private but you do not need to verify yourself in any way). I want to gather some altcoin debit cards to decide for the best one. Can you recommend a debit card provider with fair fees and namelessness? Thanks!
I don't know too much about how the debit cards work with the altcoins, but I have been checking into this project for awhile: http://tokencard.io/ They are preparing to release their card soon so I guess we will see how it goes. so far this seems like a good start. I just hope that we won't start seeing 300+ new card card companies like this jumping up every day like the erc20 coins. That will just muddy the water for projects like this.
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I think a site like this is extremely valuable for the noobs that come into the cryptoshpere. It will help to cut through the noise of all the ICOs that come out every day and separate the wheat from the chaff on value and potential scams. Kudos.
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In the US crypto's are already taxable, treated as commodities similar to gold for tax purposes. As for regulation, I agree that regulation could help though once you open that door for governments then it could easily get stupid. So each regulation proposal needs to be scrutinized in order for things to not get stupid fast. If governments start limiting crypto's then that government needs to be looked at to see where its fiat is at that moment and take measures (whatever they are for you) so that people don't end up like others in Venezuela or Zimbabwe.
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Likewise, I still have my coins and tokens after checking. You should really look into a possible security fail somewhere along the line.
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The only way that governments can tax it's citizens on bitcoin/altcoin is if they deem crypto's to be currencies or a store of value. That coupled with the exchange into the fiat is where they will get you on tax. If you find a way to interact and utilize the crypto's as they were inteneded, as currency, and not exchange for fiat then governments would have to expend too much energy finding out who is actually using them. AML/KYC is there to find out who has what and to be able to tax accordingly.
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Is good they are being proactive to this change in the landscape, the way ICOs are being conducted we all know SEC will fling their hammer, I don't think they will go after all of them they willonly go after the big ICOs and make them scapegoat
Possible, but they didn't really do anything for the DAO incident earlier this year. I think they used that incident to say that they were watching the ICOs. So as long as the ICOs that come out for US persons don't blatantly try to defraud the investors they won't do much if anything at all. But they could fling their hammer pretty hard on those that are scamming. That's why the ICOs that are out there now pretty much say that they won't allow US persons to participate.
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I do not live in the US! My. concern however are the exchanges in the US.Many of crypto investors trade in US exchanges! Does anybody know what might happen to trader outside of US if or when Sec move to regulate this exchanges, Do you think this might affect international trading community more?
Truthfully I think that the SEC is taking a "wait and see" approach to the whole ICO mania. They are already allowing exchanges in the US (Poloniex, GDAX, Bittrex) and I think that will continue without much issue. Mostly the SEC wants to ensure that people won't do an ICO and then run with the coins. For right now they have their initial draft that is allowing some ICOs to go forward, but they want to be cautious. I'm glad that they aren't over-regulating right now, though the regulations aren't up to date for the times.
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OP have you looked for the thread for Duber Technologies Inc?
"düber Technologies Inc. Announces SAFT-based ICO to Transform the Cannabis Indus"
I've read their whitepaper looking to see what they would offer those investors that don't partake in the cannabis industry and they really don't other than coin growth. But I do believe that they would help with your situation for the unbanked/underbanked and the whole juxtaposition of state/federal laws that are out there currently.
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What news are you talking about OP? Has the SEC come out with some type of ruling or judgement that isn't openly known about? Please provide source with what prompted this thread. It would be nice to know where you're coming from.
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I've been saying (thinking) that in order to conduct business in the US that companies need to get engaged with the SEC on what they want to do with their ICOs. It's a lot of legal work, and possibly even registering/certifying as a securities broker in order to get the ICO out. Without that then the FEDS will come down on you pretty hard.
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So we see today exactly what I was warning about. The Russian government will block all crypto exchange sites, with in my opinion, the excuse of crypto being used for money laundering. Again, the probable real reason is control. However, the mere fact that they could use money laundering as an excuse is the problem.
Banning crypto is like banning the internet. It is so important for the future freedom of countries across the world. We need to get out ahead of all this and start fighting for crypto and solidifying its place forever.
What news do you have on this? Apologies for not being up to date on the Russian news. Are you saying that the Russian government is shutting down access to all exchange sites? Could you please provide the source? TY for the PSA
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