I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.
Thanks for reading.
It depends on your local laws, Mostly it is safe to sell the bitcoins for cash; no authority is able to noticed that you have en-cashed the coins as the transactions takes place anonymously and the identity of the user is hidden. |
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Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?
What do you think?
I don't think that. If the country has regulated and legalize the bitcoins, then they will make sure to pull out some solution to collect the tax on transactions related to cryptos. Decentralization is the main reason, why many countries and the leading banks are opposing the concept of cryptos. |
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Where to report a cybercrime?
Cybercrime can be reported at local police station as all the police stations have their special department to investigate the cyber crime. Recently there has been significant growth in such crimes; therefore corrective steps should be taken to stop such crimes. |
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bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much
Bitcoin has the potential to reach the 5000 milestone within the time frame of 5 years, it can be confirmed if we look at the current steady growth of the bitcoins. |
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Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
It will take longer time for bitcoins to replace the fiat currency, mass adoption is required for the bitcoins. Till then you can hold the bitcoins for longer time for booking descent profit in future. People are already considering the bitcoins as digital gold; so keep calm and have faith on bitcoins. |
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ICO is one of the initial mode of generating funds by offering the coins to the investors. We have seen in the past that, many ICO's concluded as scams so it is advisable to stay away from such projects.
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I have decided I want to do a give away for some of my SIS coin so if you would like to win some respond to this post and I will add your name to the list. I will randomly select a name from this list and send them 100 SIS coins. I will do the first draw within about an hour of this post. I can't promise how many of these I will do but I will try to make it a regular thing.
I will be doing another give away in 60 minutes, Please watch the forum for the results. If you are the winner please PM me your SIS address so I can send you your winnings. The winner from yesterdays draw has still not got back to me. If I don't hear back from him by 7pm EST I will do a draw with to give away those coins. Please add my name to the draw  we'll here goes nothing add me |
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why not ubuntu wallet?
any paper wallet?
what do you guys use telegram/slack?
on slack if you want a invite message the OP |
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Can we start mining now?
-tb-
yup, still waiting on pools though, they need to set-up a stratum first.... |
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In my opinion 500k would be to many coins for a masternode that would mean you can only have a maximum of 200 masternodes , dashcoin/darkcoin picked a low number like 1k so they can have a extremely large number of masternodes, cause each masternode helps protect and secure the network, And that's the entire goal
of running a masternode isn't it? I think 50k would be a good number for a masternode that gives you at least 2000 masternodes and gives more people the option to run a masternode instead of 100-200 people..
Yes, the idea is to have enough nodes running to secure the network and so nodes that run 24/7 should be rewarded more than nodes that only stake for a few hours every week. I do think that you should have to make an investment in a mastenode and that the price of getting a masternode should be high so that once you have the masternode you will want to run it for a long time. If anyone can just get a masternode for no investment then there is no real incentive to stake for a long time. If it't too easy to get one, then the staker will just jump onto the next coin when this appears to offer a higher reward. agreed, current ico price is what 49 sats per coin? At 50k you'd only need about 0.025 btc which is too little imo, even if the ico price triples. ah I had no idea of the ico price, ya that would be pretty low Scrap that thought then  |
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In my opinion 500k would be to many coins for a masternode that would mean you can only have a maximum of 200 masternodes , dashcoin/darkcoin picked a low number like 1k so they can have a extremely large number of masternodes, cause each masternode helps protect and secure the network, And that's the entire goal
of running a masternode isn't it? I think 50k would be a good number for a masternode that gives you at least 2000 masternodes and gives more people the option to run a masternode instead of 100-200 people..
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wow what a fucking scumbag i hope he gets beat and raped everyday of his life
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I have a few questions about the staking of this coin, my first question is how long should it take on average for 100k coins to stake a block of 200? and my second question is, is the stake broken? the stake weight of total network doesn't seem to be lowering when a new block is found am i the only one seeing this and it doesn't seem to be adding the correct weight for the amount of coins i have/time spent been trying to stake them... with a decent chunk of coins 30k weight over a period of 120 hours? i'll be lucky to stake 0.001% in a year at this rate
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everything sounds great so far i applied for round 1, can't wait to hear how phase 2,3,4 and 5 will be executed
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I'm using the Windows installer from nxt.org. The NRS version says 1.5.15 Outdated!
Do I need to run the update to 1.6.2?
Yes, update to 1.6.2. After update, there will be rescan of database, which is not short. To speed up the update, go to www.peerexplorer.com and download latest snapshot of database (right bottom of the page). Copy database to database folder nxt_db and then run 1.6.2. OK. Thanks not really sure what you mean by copy the database to database folder? am i supposed to be copying the entire nxt_db folder and putting it somewhere? or am i supposed to be copying something and putting it in the nxt_db folder?  first time using this type of wallet, ya i know it's surprising haha but i'm pretty lost on what i'm supposed to be doing to fix it properly.../update it What OS do you use? windows 10 |
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I'm using the Windows installer from nxt.org. The NRS version says 1.5.15 Outdated!
Do I need to run the update to 1.6.2?
Yes, update to 1.6.2. After update, there will be rescan of database, which is not short. To speed up the update, go to www.peerexplorer.com and download latest snapshot of database (right bottom of the page). Copy database to database folder nxt_db and then run 1.6.2. OK. Thanks not really sure what you mean by copy the database to database folder? am i supposed to be copying the entire nxt_db folder and putting it somewhere? or am i supposed to be copying something and putting it in the nxt_db folder? first time using this type of wallet, ya i know it's surprising haha but i'm pretty lost on what i'm supposed to be doing to fix it properly.../update it |
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been trying to get my wallet to sync for the past two days still can't get any active connections  |
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alright so i'v been following since day 1 but i was waiting for more info to be posted in the OP the thread that was created in games and rounds was moved to the trash can so i never joined that giveaway how did people apply for round 1 and 2?
since the 3rd distribution phase is camp signature i won't be able to join, maybe ill get in round 4.... not sure how people apply still the OP has little to no info..... were the coins just distributed to people who downloaded the wallet or what?
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