What is banned by Facebook and instagram is the ICO ads, not our Facebook account or Instagram ICO menshare the ICO promotional means that will be banned.if you interesting in joining some ICO, just joined to daneel project in www.daneel.io to make a good opportunity to get a great profit This. There is still scope for people to use innovative marketing on Facebook without actually paying Facebook to run ads. They can run bounty campaigns for users instead for example. In fact most ICOs prefer to do that instead of buy Facebook ads...
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157B vs 110B, they've never been so close indeed. Very interesting, seems BTC might lose its position as number 1. And since it already failed as a payment system, there will be no value left when ETH passes it
Well - Ethereum is gaining acceptance in odd places. Remember Venezuela saying they were going to launch their own petro cryptocurrency? Well, they're doing it on the Ethereum platform! https://motherboard.vice.com/en_us/article/9knegp/the-venezuelan-government-is-doing-an-ethereum-token-sale-to-support-its-new-cryptocurrency-petroVenezuela’s economy is in deep trouble. To dig itself out, on Tuesday the Venezuelan government unveiled its full plans for the Petro, a bespoke digital currency backed by the country’s oil resources.
The white paper reveals that prior to the Petro’s launch, Venezuela will create a token on the Ethereum blockchain and sell it. Tokens are not cryptocurrencies, like the Petro will be—they’re digital assets created out of thin air and their value is only whatever people are willing to pay for them.
Most token sales on Ethereum (events known as Initial Coin Offerings) are used to raise money to fund development, but the real fundraiser for Venezuela will be the public offering of Petro itself. Instead, according to the white paper, the token pre-sale “will promote and guarantee demand for the Petro Initial Offer, which will be made later.”
The idea seems to be that people will snap up tokens in order to trade them in for Petros later, when those go on sale. The “reference sale price” for the tokens will be the same as Petro—$60—but discounts will be applied to promote token ownership, and in return Petro. Basically, it’s guaranteeing demand for the Petro by manufacturing a financial incentive.
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Litecoin is gaining merchant adoption in South Korea, which could be bullish for the coin if people choose to use it: https://www.profitconfidential.com/cryptocurrency/litecoin/ltc-price-forecast-south-korean-ecommerce-giant/One of the largest e-commerce platforms in South Korea has just announced plans to add support for 12 cryptocurrencies. One of these is Litecoin.
Wemakeprice Inc., commonly known as Wemepu in the country, is an online seller of goods and services. It is engaged in e-commerce and also sells software development and online marketing services.
The Seoul-based company has revealed that it is in talks with one of South Korea’s largest exchanges, Bithumb, to add support for cryptocurrencies. The company would start accepting payments in a dozen cryptocurrencies including Litecoin, Bitcoin, and Ethereum.
Here’s what a company spokesperson had to say:
“Integrating cryptocurrencies is a part of our initiative to make payments more convenient for our consumers and clients. We consider mobile fintech apps, points, and cryptocurrencies as efficient payment methods.”
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Some background has now come out on this story from Bloomberg: https://www.bloomberg.com/news/articles/2018-01-31/goldman-sachs-felt-rushed-by-quick-roll-out-of-bitcoin-futuresGoldman Sachs Group Inc. has a reputation for being one step ahead of its Wall Street rivals. But it wasn’t ready for Bitcoin futures.
When two exchanges got the green light in December to list derivatives contracts tied to the suddenly ubiquitous digital coin, Goldman was still mulling whether it was appropriate for its own employees to trade futures, said Rana Yared, a managing director at the firm. Before Goldman had made up its mind, clients started asking the bank to execute their transactions, she said.
At a public meeting held Wednesday in Washington, Yared made clear to the Commodity Futures Trading Commission -- the U.S.’s top derivatives regulator -- that Goldman wasn’t exactly thrilled with the quick rollout by CME Group Inc. and Cboe Global Markets Inc.
“The launch of the product by both the Cboe and the CME left us in a very interesting position of having to receive contracts from clients that we ourselves have not made a decision as to how to regard,” Yared said. It’s “critical” for major clearing firms like Goldman to be prepared for new contracts so they can “risk manage them appropriately,” she added.
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https://www.coindesk.com/bitcoin-tax-payments-bill-advances-arizona/Lawmakers in Arizona have advanced a proposal that would allow residents in the state to pay their taxes in bitcoin.
CoinDesk reported earlier this month that a proposed law before the Arizona legislature would, if approved, let taxpayers make their payments in bitcoin or other cryptocurrencies. The bill was submitted on Jan. 9.
"The Department [of Revenue] shall convert cryptocurrency payments to United States dollars at the prevailing rate within twenty-four hours after receipt and shall credit the taxpayer's account with the converted dollar amount," the text of the bill reads.
Public records show that last week, the Arizona Senate Finance Committee had given the thumbs-up to the measure by a 4-3 margin. The bill remains before the chamber's Rules Committee, though the endorsement of the Finance Committee – which encouraged that the bill is passed – increases the likelihood that the measure will succeed. If taxes can be paid in bitcoin, that makes bitcoin a currency...
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Gold is trying to fight back: http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-invest-gold-replacement-cryptocurrency-precious-metal-wgc-world-council-digital-a8187546.htmlSome financial experts and commentators have claimed that digital currencies like bitcoin could, like gold, become a safe investment in the future, but a new report from the World Gold Council argues that they are very different.
Gold is less volatile than cryptocurrencies, and its purpose as an investment is much clearer, the report claimed.
“In our view, bitcoin and cryptocurrencies more generally are not a substitute for gold,” it said.
“Gold is a tried and tested effective investment tool in portfolios. It has been a source of returns rivalling that of the stock market over various time horizons; it has performed well during periods of inflation; it has been a highly liquid, established market; and it has acted as an important portfolio diversifier, exemplifying negative correlation to the market during downturns.”
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Is India a big player in bitcoin? My impression was that adoption in India was less in absolute numbers than in South America, where it has taken off in places like Argentina, Brazil and Venezuela.
The only reason some Indians buy bitcoin is because the Indian govt has capital controls in place for fiat currencies - so perhaps a few rich folk are buying it.
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still dropping.....whats the bottom?
it went
5x down in 2013 so ? 20k ---> 4K?
Bitcoin is still within two channels. The lower support line is around about $3130. The higher support line is around $7500. We are at around $9100 at the moment, so still not in the danger area.
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Regarding Bitcoin, how can you transfer it and still remain anonymous? The NSA can track some of the BTC transfers, although it is a laborious process for them. Any ideas about how to foil their attempts, at least somewhat? It's not labourious for them to track transactions - the bitcoin ledger is public, remember? It's easier for them to track bitcoin than cash. If you genuinely want to be anonymous, use Monero instead.
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Also - don't forget risk management. Don't go all in. Instead only stake 1/10th of your stash on a trade. That way, if you get it wrong and you get stopped out, you still have money to place another trade.
Most noobs think that going all in will help them make profits quicker - but it also gets you wiped out quicker.
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"We did it to make a name for ourselves in the country and the world," club chairman Haldun Sehit told CNN Turk.
basically this sums it up. from what i have been seeing, it seems like many are trying to gain publicity through bitcoin and cryptocurrencies. not long ago i thought it was a rare thing that someone does something like this, but apparently the examples are growing. It's not new - Overstock originally enabled bitcoin just to gain publicity amongst the crypto crowd, and they ended up with a lot of people who would normally only shop at Amazon, making accounts with them just to use bitcoin as their payment method. So it works...
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After waiting for 5 months for bittrex support to contact me they still havent my account got disabled october 2017, i tried to file a complaint to better business bureau and this is the latest reply "This message is in regard to your complaint submitted on 1/12/2018 against Bittrex, Inc.. Your complaint was assigned ID 12610179. BBB received your most recent correspondence regarding the above referenced complaint and noted that you are not satisfied with the company's response. BBB is informing you that the company has not offered to change its original position. Since BBB is unable to pursue the matter further, we have closed your case as unresolved. Your complaint will remain on the business's record for three years and will be reflected in their Business Review. Please let us know if the company has been in contact with you directly to resolve your concerns so that we may update our files accordingly. " now what am i supposed to do ? I don't think there is anything anyone can do - Bittrex is in trouble IMO. And they also hold massive amounts of Tether, which may or may not be useless.
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One FUD problem down, only China, Europe, India, the US, tether and whatever else FUD to go! The next FUD is going to come out of the G20 meeting - will they or won't they "tighten up", "regulate", "ban" cryptocurrency!
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let me remind you of this, that this is not the first time bitcoin has crashed very significantly and its not the worst of all crash. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2 2012 jan - Aug: -36%---> From from $ 7 to $ 4 2013 Mar 6 -11: -25%---> From $ 49 to $ 36 2013 Apr 10: -79%---> From $ 266 to $ 54 2014 Feb 24: -49%---> From $ 867 to $ 439 2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869 2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972 2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
The actual crash in 2014-15 was much much deeper. It went down to about $208 on Jan 14th 2015. In other words it wasn't a short 49% crash as you are portraying, but an initial short crash, and then a slow bleed downwards. If you owned in early 2014 by early 2015 you had lost about 76%. If you don't believe me, look at the graph on Coinmarketcap and hover your curser around the early 2015 prices: https://coinmarketcap.com/currencies/bitcoin/
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In order to go to the $8000 level, we need a lot of sellers - and I'm not sure where they are going to come from. The Tether Bitfinex news sent the price to just under $10,000, but there appear to be a lot of buys at that level.
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The mainstream media are presenting this as bad for Bitcoin. But it's actually bad for Ethereum.
Very few ICOs are priced in Bitcoin. Most are priced in Ethereum, and the Mobius ICO was priced in Stellar Lumens. So those are the coins that are impacted by this.
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Exchanges will only list you if they think you will bring enough trading volume. So work on building your volume on HitBtc as you are already listed there. That in turn will entice other exchanges to give you a look. If you want an alternative listing, try a listing on a decentralised exchange like openledger: https://openledger.io/welcome(At the bottom on the page there is a "list your coin" form)
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The only money I've lost is due to exchanges like Cryptsy and Mintpal running away with our money - in other word exchange fraud was the problem.
With alts, as long as they are listed on an exchange somewhere, they will eventually get pumped - so you just wait for that to happen in order to cash out. The biggest risk for alts is being delisted - as long as they can stay listed, you have a chance of getting your money back.
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