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201  Bitcoin / Bitcoin Discussion / Re: Cashing out into traditional banking system on: July 31, 2017, 07:50:36 AM
You should contact a tax consultant.
I don't think the forum is the right place to get an advice on that matter... (although it's a great forum)
202  Bitcoin / Bitcoin Discussion / Re: bcc may overtake btc just as eth did with etc on: July 28, 2017, 01:59:45 AM
It's completely different situation.
Eth was created as a result of the DAO "hack".

In the btc case, it's a dispute between the developers and the miners.
203  Alternate cryptocurrencies / Altcoin Discussion / Re: S7 Airlines Launches Blockchain-based Payment System on: July 27, 2017, 07:16:33 PM
Can you get back miles as tokens also? Smiley
204  Alternate cryptocurrencies / Altcoin Discussion / Re: Raising ICO Standards on: July 27, 2017, 01:38:01 AM
I think the last point (the vesting) is very important. It makes the team more committed.

The biggest drawback of the first point is unexpected events. What happens in case you need more funds than planned?

205  Alternate cryptocurrencies / Altcoin Discussion / Re: SEC - DAO tokens were subject to securities laws on: July 25, 2017, 09:41:27 PM
The DAO tokens are actually very similar to securities so it makes sense.
I don't think it affects other tokens in any way (unless they are like the DAO's...)
206  Economy / Service Discussion / Re: Is It safe to store my bitcoin in Luno? on: July 24, 2017, 06:38:44 PM
I'm not familiar with that wallet but it look like an online wallet.
It's better to use a local wallet (in which you hold the private key), especially till Aug 1st.

207  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO creation: make clear some things on: July 24, 2017, 03:07:45 PM
First of all, I hope you have a product with an ecosystem in which the token will be used.

Creating the token = creating a smart contract.

What is crowdsale contract? do you mean legal documents?

Situation 1 sounds like you're selling securities (stocks). You can do that of course but bear that in mind...


It looks like you don't know anything about ICO's creation and posted this message just for signature campaign...

What are you talking about?!
Is there anything wrong in my reply?
208  Alternate cryptocurrencies / Altcoin Discussion / Re: Creating a new Cryptocurrency can't be this easy can it? on: July 24, 2017, 06:51:45 AM
Creating a simple token is very easy indeed.
But you're missing something - selling the tokens isn't.
Why would people buy your token?
209  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO creation: make clear some things on: July 24, 2017, 03:07:59 AM
First of all, I hope you have a product with an ecosystem in which the token will be used.

Creating the token = creating a smart contract.

What is crowdsale contract? do you mean legal documents?

Situation 1 sounds like you're selling securities (stocks). You can do that of course but bear that in mind...
210  Alternate cryptocurrencies / Altcoin Discussion / Re: How does Aragon differ from Wings on: July 24, 2017, 02:59:23 AM
Wings.ai is a forecasting platform (and price discovery), while Aragon is a platform to create decentralized organization (voting, stocks, etc..).
This is a rough description of course...
211  Alternate cryptocurrencies / Altcoin Discussion / Re: Should ALL digital currencies be held onto? on: July 19, 2017, 06:50:18 AM
I don't think it's a good strategy to put all your money in the same basket, no matter if it's altcoin or any other investment.
Altcoins are very volatile and risky, but I guess you know that...
212  Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid hacks like CoinDash on: July 19, 2017, 06:43:07 AM
It really depends how they were hacked. From what I read someone hacked their FTP server was hacked.

There are many thing you can do, but nothing is certain...
Some examples:
- You should minimize the interfaces to your server as much as possible.
- You should consider publishing the address before the sale.
- You should lock your DNS settings.

213  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Buy altcoin on: July 18, 2017, 09:32:33 PM
I'm guessing you want to buy them with fiat (e.g. USD).
You can buy Bitcoin on Coinbase and then exchange it to your favorite altcoin on any exchange.
I think you can but them directly on Kraken but I never tried it...

 
214  Alternate cryptocurrencies / Altcoin Discussion / Re: Help me to understand an aspect of crowdsales. on: July 14, 2017, 11:22:05 PM
If the startup keep holding ETH and it falls, then of course he's losing some of its value...

There're numerous ways to deal with that:
1. Exchange some of it to fiat (to develop the product, to pay employees, etc)
2. Exchange some to other coins in order (hopefully) to split the risk between many coins
3. There are hedge funds that help you mitigating with that risk, but of course you pay for it...

But that's definitely an issue for companies and foundations that are raising funds using crowdsales
215  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop buying tokens and start buying blockchains. on: July 14, 2017, 05:50:40 PM
I agree moat ICOs are going to fail on the long run but it could be exactly the same for blockchains...
It doesn't matter if it's just a coin or a new infrastructure. What matters is the quality of the product and if people are willing to use it.
216  Alternate cryptocurrencies / Altcoin Discussion / Re: If you could use any programming language for smart contracts, what would it be? on: July 13, 2017, 09:41:59 PM
I'd choose the language I'm most familiar with, and I guess that would be the answer of most people.
In my case it'd be python.

You can try looking at open source projects in the crypto world to estimate which language is the most popular...

Interesting. I figured most people would want a particular language that has more of an emphasis on safety, like Haskell or Rust or something

Maybe...
I think minimum friction is stronger. Moreover, safety ia more a matter of your code than the language you choose.
217  Alternate cryptocurrencies / Altcoin Discussion / Re: If you could use any programming language for smart contracts, what would it be? on: July 13, 2017, 08:04:47 PM
I'd choose the language I'm most familiar with, and I guess that would be the answer of most people.
In my case it'd be python.

You can try looking at open source projects in the crypto world to estimate which language is the most popular...
218  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Kiwi_coin on: July 13, 2017, 12:29:27 AM
How is it different from USDT?
219  Economy / Service Discussion / Re: I need your help for investing! on: July 13, 2017, 12:20:39 AM
In my opinion, if you're beginner, it's better to learn and understand the market before investing.

After that, I'd suggest investing first in Bitcoin (and hold it).

Good luck!

edit:
I know my answer sounds quite simple and trivial but I think that's the right strategy 

220  Bitcoin / Hardware wallets / Re: Electrum? Trezor? Safety? on: July 11, 2017, 12:07:37 AM
What you did is exactly creating a paper wallet. You don't really have to print it in order to call it a paper wallet Smiley
Storing it offline on a pen-drive is the same...

Again, in my opinion is as safe as storing it on hardware wallet like Trezor.
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