Hi to all
We are trying to build team from experienced trader and fund managers
WhitePaper, Roadmap, etc. are on the way
And what we would like to know, if if crypto community still can be interested in new Index funds ,
that will be based on portfolio from 15 coins, and tokens of Fund will be distributed through the investors.
Basically we can see such model of funds in Crypto20,BitTwenty
What are your thoughts? Interesting? Would you invest in such project?(with all legal support, perferct jurisdiction and experienced team)
Thank you!
Unfortunately when it comes to value creation, the consumer don't even know what they want. It is the entrepreneur that sits down and think of what he presumed the society is lacking and create it. If he is right in his thinking and the society then realize they are missing what he is proposing, the project becomes successful if otherwise, he has just wasted both his time and energy on what is not needed. The same thing is applicable in your own case, opening a poll or trying to carry out a survey on what you think the community needs might not give out the best response and you might not even get the required population to participate but if you and your team feels its something worth putting effort into, then there is nothing stopping you after which you can introduce it to the market. You might be surprise the response you will get after that but make sure you get it right. |
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So you mean the law you talking about if enacted in the US, the same thing should be enacted in China, South Africa, South Korea, India, Japan or Ghana. I also hope you know that something can be illegal in some states in the US and in another state, its totally legal depending on jurisdiction. What I am trying to say is that its completely not going to work for a countries to agree on a uniform position even the ones they come together to sign an alliance or treaty, it gets violated.
Now to the recommendation, of people limited to a maximum of 5 computers, I guess we then have to wait for like 3 months for a transaction to confirm because even despite the various mining farms spread across the world, there is still some lagging behind in confirmation time and that alone is promoting centralization (a body telling everyone what to be done) and that negates what bitcoin stands for.
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For you sports bettors out there, do you prefer to lock in your lines early or closer to the scheduled start time?
Early:
- chance of yielding closing line value (CLV) in locking in a line that beats the market, giving you +EV bets
Late:
- more confidence in lineups, injury situations
I guess it depends on how confident your picks long-term will yield CLV based on whatever model/projections/analysis/tipsters you use. I imagine most casual betters just place their wagers closer to game-time, though they will never yield CLV.
I believe its really not the about betting time whether late or early by the bettor but the time allowed by the gambling site one is placing the bets. I have been involved in trying several times to bet on games as early as 2 hours before start time and its already close some big games close earlier than that this could be times where I didn't know such match will happen or I was busy and could not place the bet early enough. Other sites would even change the odds as the time to begin the match approaches which I also believe is a means to reduce the chances of bettor winning as much as possible from the house. In summary, your winning with strategies either late or early is dependent on how the betting house wants to allow it. |
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We are wondering why crypto markets are going down but the stock market is also falling. S&P 500 and Dow Jones have been falling recently and had yesterday a significant drop.
Many of us thought that when a financial crisis came, people would put their money in cryptos but money is getting out of the stock market and the crypto market. People are getting liquidity and buying metals to some extent.
Do you thing we can have a major financial crisis where stocks lose most of their value and that also happen to cryptos?
Stock market and crypto market are not inversely related to think when one falls the other begin to rise because doing that would mean that there are only two investment opportunities available in the entire world and when people move from one they move to another. The fact is while some of the people operating in the stock market might also be operating in the crypto market, I know for sure that majority of the operators of the crypto market don't have any business with the stock market including myself because of the basic entry requirement to operate in that market. Since the operators are significantly different, it means their relationship cannot be established. What we are seeing as the down side of both is that people are looking at more stable third, fourth, fifth and several options available to turn out money for themselves with minimal risk. In this period on downturn, we have seen government issued bonds being over subscribed, we have equally seen massive investment in the real estate, more technological breakthrough etc. |
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Hi all, I'm building a different way of betting on football games and would like input on this. Basically its 2 jackpot pools, daily and weekly, with guaranteed minimum amount. Obviously the jackpot grows the more people bet. Predict the result of 3 games daily to win the JP, as for the weekly it would be the outcome of 13 games. Feel free to give feedback of your thoughts, here is the link to the site: https://drshackie.com/Cheers, Shackie Aside the deficiencies that @darkstar pointed out earlier, this is nothing other than impossible betting that is being propagated offline over here where people are forced to make minimum bets of 5 games then bet on it and the higher number of games you bet on the higher the returns but the moment one game turn out wrong, it renders the whole game useless until next time. This is see as scam. Since you have made your 3 games which I see as still possible to predict correctly in some days, my question is what if a lot of people then predict correctly what do you do to the jackpot? Do you then share among all of them? Or you keep the Jackpot filled from your personal pocket? |
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While a lot of people are commending and happy about this move, I might have to take the negative side on this. I see it as misplaced priority and a complete deviation of what bitcoin is all about. When the traditional banking system is being introduced, regulated based on actions that bitwala will have to take before being issued the license to operate, then that is centralisation as against decentralization. One thing is certain in this arrangement, you won't have control of your private key and the moment that is present in this arrangement, every other thing is defeated because control is gone. While, this is seen as a further step in the penetration of crypto into the mainstream, it further establish the fact that bitcoin cannot replace banks because no matter how much freedom it offers to detest the use of banks, it won't happen because they will always find a way to feature in the future. This is exactly how I figured banks would enter the space. Custodial cryptocurrency wallets and fiat broker interface linked to your bank account. Bitwala is the first to break into this market.....good on them. They're sort of like the first generation of exchanges (who are apparently now being bought by Goldman Sachs and the like).
Good for onboarding new adopters. I'll probably stick with the status quo for a while until a reputable US bank starts offering this kind of service.
The traditional banks seem slow to enter the space, so I reckon the "new" banks will be companies like Bitwala and Coinbase. By the time the traditional outfits wake up to what is happening, Coinbase will have achieved Amazon like dominance over the space. I considered that, and to an extent you are correct. Coinbase certainly seems to be aiming to be a full service financial institution. They own their own bank and they're going the full-blown compliance route. However, think about how startups work. VCs tend to fund early high-risk operations, before higher tier investment banks scoop up high-potential companies. Goldman Sachs bought a major stake in Circle three years ago. Now Circle has acquired Poloniex. There will be more of these cases. I don't think the traditional banks are asleep, either. This is what Bank of America said recently: "Clients may choose to conduct business with other market participants who engage in business or offer products in areas we deem speculative or risky, such as cryptocurrencies," Bank of America said in a regulatory filing.
The company added that widespread adoption of new technologies in financial services, including cryptocurrencies, "could require substantial expenditures" in order to adapt to evolving industry standards and consumer preferences. That's the same Bank of America that has filed more cryptocurrency patents than any other company. Like I said, they're not asleep. |
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When I was starting to get involved in crypto-currency, one of its features that attracts me is the privacy it gives you. Now with all those KYC being required in exchanges and in ICOs and other platforms, some people are beginning to be hesitant in their activities in crypto.
At the time when I also got involved, exchange sites where not asking for KYCs but now, virtually all exchange sites require KYCs and even gambling sites that I see as complete irrelevant are now asking for KYCs. One constant thing in life is change and for anyone to feature in you have to either fall in line or look for something else to do. At some point on the forum, account sales was the other of the day but today, a mere expression of interest in that area would get your account nuked. Is it killing crypto, I would say yes because I have not seen anyone sanctioned or taken to court as a result of the information gotten from such a lot of the money bags have to move out because their privacy is no longer guaranteed because the privacy that bitcoin guarantees is now being eroded by the intermediaries via the back door and there is nothing anybody can do about it. |
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Hello Hero members!
We are right now working on our own ICO project and we are looking for a hero member who could provide us his/her account for our bounty program.
We would pay you a certain amount of our ELYCOINS. You have nothing to do as we have a community manager who does all the work. We only need to have your account where we are allowed to post about us.
Please send me a message.
Regards
ELYSIAN
I don't expect that someone can come to a platform to get potential investors in his/her project without first understanding how the platform works and that is why something as simple as this could be missed by you that have landed your account in red. A forum and a market like this relies on absolute honesty for a start and soliciting for an Hero account with the believe that its going to corner some more respect is misrepresentation to say the least and equally misleading. If you also had been following, you would realize that there is nothing wrong in being a newbie and with little payment you get the whole of the basic reason why you would need an Hero account. |
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Guys. Golden comedy, ive made an ICO -and managed to attract fewer than 40 subscribers. its second day on for the ongoing sale and the contribution level is zero haha.
we obviously suck at marketing then.
How would you carry a marketing campaign to collect roughly 1,000ETH?
Budget for marketing? Top viral tools? Tips and tricks?
Im despondent and will cry you guys a river tonight.
First thing you need to have done is understand how the market works. Successful ICOs didn't happen by default and its a serious work. 1000ETH as at today is close to a million dollars and you think its just going to come falling in your wallet? Even those that have carried on aggressive campaigns both on the forum and outside of it, had to reduce their soft cap when they realize that target is not being met. My question is 1. What is your project about, when a product/project is not marketable, you tend to spend huge amount of time, energy and funds to get little people interested which makes it seems the marketing is not working. 2. What is your team composition? Because to be sincere, you dont sound like someone who have a team as everything about your statement is on a singular person statement. You need to have a worthy team that believes in the dream (if any) before commencing anything. The ICO market is more fragile everyday that you need to go beyond the average to run a successful one which does not strike me like you are doing. |
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Ministry of Finance, Germany has said that they won’t tax Bitcoin purchase users for consuming the cryptocurrency as a means of Payment. Read more here: Germany Ministry of FinanceWhile a lot of people didnt bother to read the article before commenting, I can say that its the best news that can happen at this time for people engaging in crypto by looking at the various levels of involvement and taxing accordingly up to the point of tax exemption. It is however to note that in the article, not everybody is exempted and its all good. Miners, you will pay tax only that the percentage of payment is what is not disclosed in the article which I fear might be a form of punishment for others that are excluded in the transfer cycle of crypto relationship. For exchange sites, you are also sure to pay tax which in the case will fall down to the participants on the platforms to trade since we pay fees,it then means that the fees will be increased to accommodate the tax that they will pay which indirectly means that the end user is the one actually paying the tax. The rate the fees will increase will then be dependent on how much percentage of tax will they be paying. |
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Which do you prefer?
Bitcoin should stay low, market cap not overly huge, few people talk about it, and then we earn small to revcover our loses or
Bitcoin should get the hype, price hits record high, people start to invest huge amounts, banks, media and governments get alarmed again, and then more bans, FUD, and strong regulations. Let's share ideas
Its really a paradoxical situation but I think I prefer this situation where the price is low and there is no much noise all over the space where its about bringing down and warnings about the impending doom that is about to happen. There is no doubt that the noise that happen towards the end of last year makes several people skeptical because the movement is just too sporadic and worst of all, there is no significant basis for that to happen. While I was happy you wake up in the morning and see your bitcoin left at $100 increased to $180 but I knew its not sustainable which is why I prefer this. Lets take it slow and steady before we know, we will all the to that coveted point and surpass it. |
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Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way' I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think? Link: https://www.google.com.ph/search?source=hp&ei=MJaWWv70CoH-8QXDvLO4Bg&q=cryptocurrency#scso=uid_PpaWWoLdHISa0gTusbDYDg_9:117Every technology that have been invented have the potential to kill people same also to give life. People travelling have accident then got injured while an ambulance is used to convey them to the hospital with which without the timely intervention a lot of lives would have been lost which then says mean that the same vehicle that led to some peoples death also led to sustaining the lives of other. Its true that those things he talked about are actually happening which no doubt people have been 'killed'. However, we should also no be unmindful of the several people across the world that have been liberated because of this, the people who have been able to improve their standard of living that Bill and Melinda Gates Foundation can never reach no matter the percentage of their wealth they donated. The millions of start-ups that have been brought to life as a result of crypto funding or the myriad of freelancers that have been able to attract clients across the world because of crypto. Its on perception and I choose the life part. |
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Wozniak said,
“I had seven bitcoins stolen from me through fraud,”
Now at $70000 market price rate. (Source - CNBC)
It is really shocking.
Will it effect on bitcoin market?
Creating a fuss about 7 btc is a pure waste of time in its entirety. Over the years several millions of money have been lost due to hacking, greediness, scam ICO, intentional sabotage, scam gambling etc. yet the market is still standing to now start crying over $70000 is even annoying. Also, we cannot say he lost $70,000 because that is at today and not when the scam activity occurred the real value of what he lost is the value bitcoin was trading on that day. So, you should stop and I am sure he himself is not bothered but because the media always want to give everyone something to talk about, they tend to over stretch issues that should just die a natural death like this. |
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The Supreme Court of Israel issued a temporary injunction order on Monday forbidding Bank Leumi from sweepingly halting the account activity of the Bits of Gold bitcoin exchange. This is seen as a major victory in the Israeli cryptocurrency industry that will set a precedent for other bitcoin businesses struggling to get banking services.
This is not a major victory yet because the injunction is a temporary one rather than permanent which would have been a concealing victory because Supreme Courts are not known to change a position where a definite position has been taken but this, it is still subject to further discussions and arguments and within the time frame, a whole of things can still change for either the worse or the bad and until then we need not rejoice so it wont be short-lived. Reading the historical argument I think either way this fall into, it has open a new point of action that despite the fact that Banks can refuse customers for transacting with them, they cannot just do it without the right laws backing them to do such things and same thing should be applied to exchange sites that in their own volition close clients account without any explanation. |
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As President Nicolas Maduro would say, "Today, a cryptocurrency is being born that can take on Superman."
Having received $735 Million in the first day of pre-sale of the country's "petro" cryptocurrency, President Nicolas Maduro is very much pleased.
He hopes that petro will allow the ailing OPEC member to skirt U.S. sanctions as the bolivar currency plunges to record lows and it struggles with hyperinflation and a collapsing socialist economy.
I think this definitely looks like a great start and can be marked as a compass to what the market hopes to achieve as we enter into this new phase.
Its good to have such vision by the president because of the response that was gotten on the first day of sale but going head to head with the United States is a joy taken too far which is not going to happen not because the US will stop it, but because a whole lot of countries will be motivated to have their own crypto currency by the time they see the potentials that is embedded in such. Eventually when that happen and there is need to exchange, they are all back to finding a uniform crypto currency (bitcoin based on popularity) which the dollar is doing currently. With the news in some quarters that bitcoin was even a project by US further propagated (whether true or not) then they are back to the original position and the United States does not only control countries by sanctions but by aids, elections, weapons sale, political consultancy, military intervention etc. |
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So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that. Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too. At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream. https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.htmlReading the article, I can say the guy is a confused fellow and everything the article is all about are not new to someone who has stayed long enough in the crypto world. At this trying time of crypto currency, we don't need people who are conservative about it. If you want to say something on the positive say it and if you are against it, make your position known rather than sitting on the fence trying to protect yourself in case the situation goes side ways. |
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Eventually this is what will happen to the entire exchange sites operating in the crypto world and those that have not fall in line will eventually do that. Its just a matter of time. I got the same message and know by default that it won't go beyond KYCs and even your acknowledgement to give your details to authorities if they suspect anything wrong going on without your express permission. I also think they should even be appreciated for giving headsup to their client rather than implementing over night now we have the option to either continue with them or just move somewhere else for the time being. The irony of all of this KYCs that I have observed is that rather than increasing the confidence of the public being purported as the reason for such hence, influencing the price of crypto in a positive way, its rather not making any effect as price is just moving in a peg hole with no end to that in sight. So, I received this email from Bittrex about their new Terms of Service, saying I can thank the lawyers. Anyone with any ideas on what they are gonna do? This is the link: https://support.bittrex.com/hc/en-us/articles/360000560871I think what is important is this sentence, basically saying that you have do your KYC if you wanna trade there at all: Depending on the functions that you seek to enable on your account and Bittrex’s risk determination, Bittrex may, in its discretion, require identity verification and other screening procedures with respect to you or transactions associated with your Bittrex Account. And it starts like this (I am not pasting the whole thing to conserve space): Here it goes: Effective Date: March 9th, 2018 These Terms of Service and any terms expressly incorporated herein (“Terms”) apply to any access to, or use of, any services made available by Bittrex, Inc. (“Bittrex”) using the website www.bittrex.com (the “Site”) or our mobile applications, and to any other related services provided by Bittrex (collectively, the “Services”). By clicking on an “I Agree” button or check box presented with these Terms or, if earlier, by accessing or using any Services, you agree to be bound by these Terms. THE ARBITRATION CLAUSE IN SECTION 18 GOVERNS RESOLUTION OF CERTAIN DISPUTES AND WAIVES ANY RIGHT TO TRIAL BY JURY OR TO PARTICIPATE IN A CLASS ACTION. |
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Hello everybody, I'm looking for people who want to teach with voluntary or free to help make my rank level up, make quality post and earn merit. Because I try to learn by google and some article but isn't working. I hope I will found the teacher here to teach me voluntary. Thank you
Everybody making quality posts today didn't get their in one day and you can even check when those people were newbies a lot are guilt of the one liner posts while some others made mistake they shouldn't have made if they had known better. Unfortunately, nobody taught everyone but at some point you realize you can do better and that's is you identifying that early and my advise is: Learn to read more and understand what is being discussed before commenting, you take your time to even read the entire first page to get different views on the subject matter thereafter, you put in some serious thought in what you want to contribute thereafter, express yourself to the fullest in the most concise and meaningful way. |
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Hi all, just want to throw out a question. Whats your opinion on the regulation of cryptos to a securities status (global scenario) ?As an example, in Switzerland the financial regulatory agengy FINMA has set regulations that will limit the possibilities for new ICO's and provide more safety for investors. (see: https://www.finma.ch/en/news/2018/02/20180216-mm-ico-wegleitung/) Resumed, I think it will be good for the market and future of ICO's but others think it will suffocate new startups. I would be very interested in some opinions on the subject. Thanks Its actually a mixture of the two because if we think that regulation will suffocate new startups then we are not concerned with the funds. Regulations is meant to decide the amount of capital startups will be needing before coming to the market and the intervals it will be needed but what we see today is startups coming to the market (a global market for that matter) then raise more than what is needed at the time. Since they don't need everything at a goal, it then means they have to keep the amount in a hardware wallet or convert to fiat. Converting to Fiat will not be possible because of the amount involved and keeping in hardware wallet till when its needed and if price was high when it was gathered, and price low when its needed, it then mean that the fund will not be able to do what its meant for and we thereafter shout scam. Irrespective of the disadvantage that it might bring, I still feel regulations will do more good than harm for the market and would even ensure that milestones are achieved before coming to the market to raise more funds under another guise. |
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A full ready made reseller website application to resell Mastercard Virtual cards only. Funded with BTC and ETH.
Onetime setup fee as $1,500 (Your preferred domain and hosting) - Renewal license of just $500 Yearly.
Making a Market survey. Please leave a message if you are interested in this.
I am able to get this license but i want to be sure people are ready to own a reseller platform before i begin to invest funds into this. If i get a good number before the end of March, the application will be ready for use by April 31st, if no i will scrap it.
-Conditions - KYC needed for owner
-Selling Price - Will issue one card at about $4 to you, then you can sell at your own price. Higher volume attracts lower issuing rate
-Virtual Cards only - Will later upgrade into physical cards, but application will only begin with Virtual cards
-Issuer - Mastercard
Thanks, please ask questions.
The service you are willing to offer here does should not be dependent on you getting a re-seller because you can relate with the consumer directly and that would reduce the cost by virtue of the margin that the re-seller would have to add to it in other to make profit and that alone can increase the cost beyond the affordable point. My questions to this would be as follows; 1. What is the long term continued existence of this service? Investing $1500 and $500 and selling the cards for a minimum of say $5 which means that about one needs a minimum of 400 clients to use the service which is not something that would come in one day. Is it a service that will be available into the future considering the cancellation of support that the duo of MasterCard and Visa were offering to crypto cards? 2. What other implicit costs are to be incurred outside the payment of the amount in other to own one virtual card? This is key because by the time all of this is eventually factored in, it might be more expensive to use the service because its virtual, it can only be used online and not for physical withdrawal. |
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