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1961  Other / Beginners & Help / Re: What's the biggest taboo about exchanges no one ever talks about? on: September 09, 2019, 03:34:55 PM
Maybe KYC traps from crypto exchanges are least talked about these days. It happens to a lot of people registering to popular exchanges and after depositing money they'll be surprised by a KYC requirement in order to use the account they can't even withdraw the funds they deposited in the firat place. This pisses of a lot of people who don't like KYC fooling them that there is no KYC requirement and all they need to do is to register and deposit money to start trading.
1962  Bitcoin / Project Development / Re: [ NEED YOUR OPINION ] Real Estate on: September 09, 2019, 02:35:39 PM
~snip~

Okay, what if make this:

Users will basically pay for service (managing their properties) and from the amount that they will pay for "service"  will depend, what share they will get in a deed of gift document.

So, it still like a donation/charity, but you can't go to step 2 without step 1, where you paying for service.

what do you think about it?


If the user requires to oay something even indirectly or not directly related towards on buying the property it still voids the matter being a donation. The client still needs to pay something in order to get that piece of ownership. There is really no donation happening at all. If you decide to continue this method and I hope you don't you would just be breaking a lot of laws and your clients would also be part of it. Just don't bury them into this kind of mess.
1963  Economy / Economics / Re: Bitcoin ATM Operators in Nevada Requires License to Operate on: September 09, 2019, 12:35:32 PM
Isn't this obvious? I mean a business for it to be fully operational legally they still need to undergo some kind of licensing or at least acquired a husiness permit to operate. Businesses don't come out like mushrooms where a person with a capital can just start right away we have laws in check for them to run legally and also be monitored woth their taxes which in this case also the buyers since they are also buying assets for the said Bitcoin atms. I don't even know why they have news about it, are there any Bitcoin atms running ilegally in Nevada lately?
1964  Other / Meta / Re: [NSFW] - phisical violence in DT - "not safe for work" content on: September 08, 2019, 08:09:56 PM
Without knowing the name of the poster I would stay know. If he has a personal biased towards one kind of gender from our members then you know the outcome of any kind of conversation in any topic would be really know good. Saying those words in the forum alone shows his attitude towards one kind of gender, it would be more toxic rather than do any good in the forum.
1965  Economy / Gambling discussion / Re: Canelo vs Kovalev WBO Light Heavyweight Championship on: September 08, 2019, 07:33:52 PM
I don't know if this is the right decision for Canelo Alvarez to move up weight and face off a bigger man. But I think it's just really the timing especially the Light Heavyweight division doesn't really have much to offer in terms of star power, this division isn't really talked about by the boxing community especially when Andre Ward retired last 2017. So this might be his chance to wake up the competition in this division but I'm not seeing a clear win here as unlike his previous matches he is facing off the number one boxer in this division, this guy ain't like Rocky Fielding he just beat.
1966  Economy / Trading Discussion / Re: Do whales got burnt in the market. on: September 08, 2019, 06:30:11 PM
I can't find the exact news article anymore, in fact several of them, but I have seen a lot of millionaires who lose money in the market just because they entered the wrong trade. Some of them even have a point to liquidate at the top but they still decided to hodl during the 2017 bull run now they got caught up with a 18 month bear market. Whales might have the upper hand on influencing the market but they still are not safe from the volatility or sudden shifts happening to the market, it's not like whales have their own team on when they will decide to change the tide in the market.
1967  Bitcoin / Legal / Re: New FATF guidelines require professional crypto consultation on: September 08, 2019, 05:42:04 PM
With all the partnerships and required services being ordered for crypto exchanges I just hope that it doesn't blow back to us clients in terms of raising the fees for their services. The FATF simply ordered the exchanges to spend more money on top of their normal operations, we are lucky that we tasted a little bit of bullish market that is why we are not seeing exchange cost cutting as of the moment but as soon as we see another bear market we can expect that we will also see a rise of fees soon with the additional expense they will incur.
1968  Bitcoin / Press / Re: [2019-09-03] 'Big 4' Giant PwC Accepts BTC in Filthy-Rich Tax Haven Luxembourg on: September 05, 2019, 08:13:19 PM
Curious to see how this will pan out especially if PwC is testing it out of a small market not to mention most of them being millionaires in that group. This might just act out as a experiment for the accounting firm for something bigger and if it is one I hope that it will have a positive feedback in order for us to see PwC roll it out globally. This is really something what I want to see unlike what Facebook did where they try to compete with Bitcoin, PwC doing this is just showing that Bitcoin and Blockchain still has a future in our world.
1969  Bitcoin / Bitcoin Discussion / Re: Bitcoiners in Hong Kong protests? on: September 05, 2019, 07:01:00 PM
Basing it from the news and from what my friends who recently visited in Hong Kong the violence and protest had ended already and what the media is doing is just inflating the whole commotion. The bill has already been withdrawn and what we are seeing now (or what we don't see) is just the media showing what they want to see happening in Hong Kong. Even before this news of the bill being withdrawn I have friends who visited Hong Kong and they say that the violence was just happening in a small part of Hong Kong.
1970  Bitcoin / Project Development / Re: [ NEED YOUR OPINION ] Real Estate on: September 05, 2019, 06:25:16 PM
Like I said it won't really work no matter how you spin the words on your real estate investment have. HYIPs does the same thing claiming that they'll be "part owners" of the business one way or another but the thing is there is really no legit business going on but all sweet words and unbelievable return rates. An online real-estate investment isn't even a good idea when we start talking about the local laws involved on each users in different countries have. A co-ownership cannot simply happen with just an online buy in with a cryptocurrency there are legal papers involved that should be notarized by both parties so if you haven't think about that then think about the headache it will bring just to make this possible if it even is one.


Deed of gift, let me do that without personal presence of the second party. And as I said earlier there will be 2 ways, for people that want to be 100% sure, that there really any properties and want to own legal/physical parts, and another way for people with no-KYC, they able to buy coins, send, trade but legally they will own nothing, and will just get average % from total earnings.

Yes, here still many "if" and "but", that's why I created this post to get advices how to make it maximally legal and transparent.


Nope, deed of gift doesn't work that way. A deed of gift legal document acts like a donation/charity to the other party without any kind of compensation to the user. On this scenario you are offering the user to be part owners of a immovable property in exchange of cryptocurrency which really voids any legal possibility of them receiving a deed of gift document. Our legal system is built to have this kinds of loopholes to be stopped and I don't think any kind or forms of donation contracts can work in your way.
1971  Economy / Speculation / Re: We are about to hit 8K and below...soon (see charts) on: September 05, 2019, 04:26:19 PM
That's a clear descending triangle and its primarily a bearish pattern but the thing is before even we predict that it will fall down we must know that it will breakdown first and until now both the bulls and bears are out in favor on this cobsolidation stage since we have seen the trading volume greatly decrease. This conso might even overextend and make the triangle invalid when it starts picking up steam again. Nothing is set in stone just because it is now forming a descending triangle.
1972  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Identify Good ICOs for Investment on: September 05, 2019, 12:21:27 PM
I don't agree with the article you have provided most of the things mentioned are all kinds of backgroud checks that limits the trader/investor to only revolving around the projects' whitepaper and people involved with their team. Some scam projects can convince a lot of people with a well published whitepaper as well as put up a fake team with fake credentials not digging deeper into them would only cost you on investing in a fake project. If you can't do background checks properly then you can kiss your money good bye. Another thing that helps me is Reddit's crypto subreddits also share some good insights with new ICOs by other redditors and it really helps me a lot.
1973  Other / Beginners & Help / Re: Advantages of engaging in quality contributions on the forum. on: September 05, 2019, 11:29:58 AM
Before they even think about of contributing quality posts in the forum or engaging to any of the members they should really to think about reading the posts contained in the thread first. That is how I get through the forum when I was a newbie as reading more and more have fast-tracked my knowledge here in the forum and in the crypto industry. It actually have helped me composed posts at ease because I already know what I will say or reply to a member.
1974  Economy / Economics / Re: Fake-branded bars slip dirty gold into world markets on: September 04, 2019, 08:45:51 PM
And I guessed this is also the reason why Gold has started to climb back up several months already. No wonder that this happened as it has obviously affected the demand for gold somehow making it available to all the buyers who are interested. The thing is how can they do such action of a trademarket violation when the product itself is no different than being a real gold itself, it's just being misrepresented by the use of their own logo/branding without their permission? If I were a buyer and I am not sure if the gold bare I am buying is real then it is safe to back off rather than see it being confiscated in the future. The more pressing issue here is the gold bars being used to launder money itself and I'm surprised the JP Morgan was not implicated of any criminal charges of possessing some to their assets.
1975  Bitcoin / Project Development / Re: [ NEED YOUR OPINION ] Real Estate on: September 04, 2019, 07:28:34 PM
I've seen this kinds of investments before and it would be really tough for a real investor to be attracted on something where you just put your money online and not see the actual business happening. Mostly this how HYIP websites work where they try to convince you that they have a legit operation and will pay you based on the investment you have.  In my opinion these kinds of investment are better to be done physically and not online so I would rather start on having physical investors first before going online with my operations.

I fully agree with you and that's why "Shared ownership" the best way to show reliability and transparency. As an owner, I'll able to split "house" at 1000 shares (0.1% each) and KYC will help me make every participate be the legal owner of 0.1% - 10% shares. So, each of them can verify that they really own part of a house and there really their names, not just my promises.

The problem that not every country let me do that online, even if I'll have all the documents. Some countries will ask participants to fly and sign some papers in real life even for 0.1% part.

Like I said it won't really work no matter how you spin the words on your real estate investment have. HYIPs does the same thing claiming that they'll be "part owners" of the business one way or another but the thing is there is really no legit business going on but all sweet words and unbelievable return rates. An online real-estate investment isn't even a good idea when we start talking about the local laws involved on each users in different countries have. A co-ownership cannot simply happen with just an online buy in with a cryptocurrency there are legal papers involved that should be notarized by both parties so if you haven't think about that then think about the headache it will bring just to make this possible if it even is one.
1976  Economy / Gambling discussion / Re: Which Sport Has Many Gambling Supporters (State Your Opinion) on: September 04, 2019, 04:24:10 PM
The answer would be Football (not the American Football) since popularity of the sport alone gives a wider audience for the gambling industry. If you think about different popular teams we have on each country you will see that all of this teams have loyal supporters and these supporters also are part of betting with their team not to mention other football fans as well are also hooked in gambling in Football. Aside from that you also see a long of gambling sotes cover football matches often even the one s who don't know football are also betting.
1977  Bitcoin / Project Development / Re: [ NEED YOUR OPINION ] Real Estate on: September 03, 2019, 09:00:32 PM
I've seen this kinds of investments before and it would be really tough for a real investor to be attracted on something where you just put your money online and not see the actual business happening. Mostly this how HYIP websites work where they try to convince you that they have a legit operation and will pay you based on the investment you have.  In my opinion these kinds of investment are better to be done physically and not online so I would rather start on having physical investors first before going online with my operations.
1978  Bitcoin / Legal / Re: Buying Altcoin with BTC, Capital Loss Every Single Time? on: September 03, 2019, 08:16:09 PM
I doubt that the 1,000$ worth of BTC you have bought will still be valued at 1k when you are buying Lisk. The only number you must remember when you are buying altcoins with BTC is the current price of BTC when you will be buying the altcoin because it will be its current market value, this will be the part when you know whether or not you have capital gains when you are completing the transaction. Then this will also be the time when you will be deducting the necessary expenses and fees involved in the trade.
1979  Bitcoin / Press / Re: [2019-09-02] Argentina capital controls, a strong case for bitcoin on: September 03, 2019, 07:22:11 PM
A volatile currency won't be the solution here for their country. They will just be risking the money they have left if they tried to enter the market. If they can't even manage the stable fiat currencies they have what made you think that they can also handle a asset that changes price to quickly? On a investors point of view then definitely each citizen must put it into consideration that Bitcoin might be a safe haven for them but are they even ready to enter the market yet? I would rather encourage them to hold of the money they have and play it safe on falling stock prices in their stock market just to be safe, buying some bluechip companies is also a good alternative for them.
1980  Bitcoin / Bitcoin Discussion / Re: The Calm Before The Storm on: September 03, 2019, 06:10:45 PM
Not until I see the companies accept Bitcoin directly and not to another third party payment processor I don't see mass adoption happening simply because of an added step involved. Our Bitcoin wallet is created to directly pay to the other end and it's not created for us to send our money to another third party for them to handle the payment for us. This makes the process much more complicated for others and they might find it unappealing to use when they already have a much more convenient way to pay for this products.
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