Update: Wyoming, which is in this list is moving to delist crypto as property. I do not see that they are looking to tax it though - they are looking to embrace it to become the crypto capital of the US.

http://www.newsweek.com/wyoming-cowboy-state-poised-today-become-blockchain-valley-828124

Reportedly the Winklevoss twins (also behind FB) have a lot, and supposedly have never sold any.

This question is one we aren't supposed to answer though, unless the wallet holders somehow brag about it publicly, the entire point is wallets are not traceable.

I get what you are trying to do, and it would be great if there was a feature like this embedded in exchanges. I am not sure how it will fare standalone, but maybe that is your vision down the road. Everyone has to start somewhere! 

Feedback:
The site lacks direction to the average browser (which also probably impacts SEO). It's not apparent what people are supposed to do once they get to the site, or even touting what the site is supposed to do for folks.

Very few projects are reviewed and I didn't see easily how they were scored. It appears one subjective reviewer so far?

The UI is a underwhelming. It doesn't look super modern, although the detail pages look a bit better. This probably would matter less if there was more data in there, which I bet is a chicken-and-egg problem of lack of community/usership.

Also - cryptreview is a bit of a bad website name - sounds like you're reviewing coffins or cemeteries.

The merit system is a great idea to control people replying with useless replies. This forum is flooded with what is essentially spam, because the whole rank system encourages people to post aimlessly to rank up.

The reality is nothing has changed for you to post or reply. You can still do it, and are encouraged to if you have something relevant to say. I don't know how to do exact statistics, but my bet is 80% of the posts on here that get replies are from new people. Seasoned (hero-legendary) people post less, although they do reply. You can still get your value out of this forum. It may take you longer to rank up, but when you have, you have actually earned it.

I hope as people realize this is happening that they stop posting as much crap. It is hard to find the signal through the noise on a lot of these posts.

I'd also like to see anyone able to get merit for flagging spammers. It sounds a little militant, but knowing you could be penalized for bad behavior would also help to curtail the spam.

Ripple is not a short term investment. Invest now, and expect gains in 1-2 years. I think Cordano will be even bigger in that same timeframe though.

Is this the start of consolidation for exchanges?

Who?

I should caveat we are looking to be above board, and follow regulations for the US. Right now we are working with a bank, but I was looking for advice from others on if there was a favorite bank we might not have tried or established service for US businesses.

We are not trying to move money in China or elsewhere as this is certain to flag regulators and we plan to be a very above board business.

I don't see a board like this. Are you suggesting we create one?

We are US based.

For a business, we will be doing an ICO and are looking to have the ability to send large volumes of cryptocurrency at scheduled intervals to fiat for operating expenses. Any advice? Right now we are going down the route of working with banks who are reluctant at best.

Why in the world would you trade a LTC worth ~$200 for a 10 LCC worth ~$50? Am I right that you are expecting us to transfer our coin from LTC to LCC?

Thanks - I will follow the format going forward. Thanks for your info and time.

If cryptocurrency is interpreted as property in the US, then it would seem that one should look for the best state for property taxes.

The states with the lowest property taxes are:

Hawaii - 0.28 percent
Alabama - 0.43 percent
Louisiana - 0.51 percent
Delaware - 0.55 percent
District of Columbia - 0.57 percent
South Carolina - 0.57 percent
West Virginia - 0.59 percent
Wyoming - 0.61 percent
Colorado - 0.61 percent
Arkansas - 0.62 percent

Delaware is known for no income tax and is the traditional harbor for corporations in the US. Any recommendations/experience?

It does have an effect, but it has a similar effect on all markets. Cryptocurrency is not special. Volumes are rising now, but the market is suffering because of the interpretation of the notes from the Fed to raise interest rates in the US. This has a ripple effect on a lot of markets, including crypto. This is why you saw a rise at the beginning of the week and it has sunk the past two days. Notes were published Tuesday am.

We are looking to set up a wallet for a future ICO. I have heard that it can take 6-10 weeks to do KYC on a corporate wallet, so it isn't deemed a scam.

I want to use a Ledger Nano S, multi-sig wallet. I was going to set it up through MyEtherWallet with the wallet actually being the Ledger Nano S. I do not see any KYC stuff - or reason to do this.

Am I missing a big piece here?

No one will touch this as it is unsafe development. This will open your private keys to the public. It goes against the crypto community's ethics.

To get a list of your performance (assuming that is the goal), I suggest you do double entry into an app like delta.

Certainly from appearances, the Litecoin cash team seems shady. They came out of seemingly no where, and have no reputation. Even Charlie Lee of Litecoin does not endorse them, separating himself from the project in a tweet (https://twitter.com/SatoshiLite/status/960197866546282496). With good reason, he has nothing to do with them.

The only value I see so far to Litecoin Cash is using old BTC equipment (https://www.finder.com.au/is-litecoin-cash-a-scam), and the success of Bitcoin Cash.

Are there any other merits? Any true damning information besides their avatars include unicorns?

While for some the point of cryptocurrency is anonymity, the reality is the real value for most it is reducing barriers and serving the underbanked. True anonymity is only a nice to have for most. For the larger ICO market that spans beyond cryptocurrency, blockchain is opening up a new economy of doing business - with reduced barriers. Certainly businesses are motivated to know and serve their customers as it is a primary marketing tool and feedback loop. For those that seek anonymity, products and services will emerge for them. For most businesses, they will naturally seek out KYC to many levels for marketing purposes and to ensure they are not an accidental front for money laundering, and to ensure business continuity in the face of regulation.

The security perspective to prevent hacks like Equifax is something we need to develop better practices and technologies for to safeguard. I see some companies out there doing some work to this end already, for instance the co-founder of Ethereum has a company Consensys (https://new.consensys.net/)that appears to be working on these issues.

The real answer is while technology (and cryptography) can help secure investors, there will never be an excuse to not do your own due diligence. Never share your private info with someone you don't trust.

Some real action in Malta to open up regulation and their economy to be a safe haven for ICO activity with an announcement of three new laws:


Source: https://www.ethnews.com/three-laws-would-regulate-maltas-blockchain-space-encourage-innovation