Back from the holidays. How has everybody in here been?
Did I miss anything major other than BCC finally popping and JP Morgan going on a market manipulation buying spree again?
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I'm just shitposting.
I've been calling BCC out for a very long time, but a lot of people didn't want to listen even to clearly illustrated facts that made it abundantly clear even to a toddler that BCC could not possibly be legitimate.
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BTC is old, slow currency with expensive fees. There are many other cryptos that will rise at a greater rate, with better anonymity like DEEP ONION, rated #1 privacy coin.... My 2 cents worth.
Without BTC and ETH the other cryptocurrencies are not worth a 0.01c... So whilst you can have your ONIONS, I do not think they will be anywhere near the level of BTC adoption at any point in time.FTFY
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I joined to contribute, But shows 0 stakes It takes a while to update. You will definitely get your stakes. Next time read up more carefully since these issues have been addressed 99.99% of the time.
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Bought a few LNC's and the account still says 'updatingLNC'.According to your telegram support I shouldn't have sent them from my Poloniex account.Fine,what about my refunds ? I still lost my ETH right ? I'm wondering how much of such amounts are lost everyday and are they even refunded ? I need to get my refunds if I can't get equal amounts of LNC's. Please process my request at your priority.
the fault belong to you , all peoples know that you NEVER buy coins from ICO with Exchanges wallet. Pretty sure you'll have to talk to Poloniex about this if the smart contract went through with its program, which it seems like it did. Basically, you're at the mercy of Poloniex and if they choose to help you at all (there's too many people whom they would have to deal with if they actually helped everybody who flunked ICO transactions) it might take weeks if not months. In either case, in the future make sure to read very carefully and not just throw money around randomly on a whim or I can 100% guarantee you that you will lose everything, even if you end up rich for a brief period of time due to blind luck. Good luck with Poloniex.
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They can only ban fiat <-> crypto gateways. It's not possible to ban or regulate what happens on the blockchain. Plus, if a country bans Bitcoin/crypto, people looking to invest in the next industrial revolution (crypto) will just move into countries that don't.
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every country has regulation Japan Legalize crypto while China Ban. This contradictiv? is it possible International regulation for cryptos?
Joachim Wuermeling, a member of the board of Germany's Bundesbank, has suggested that any attempt to regulate cryptocurrencies would require international cooperation. Speaking at an event in Frankfurt on Jan. 15, the director told listeners:
"Effective regulation of virtual currencies would therefore only be achievable through the greatest possible international cooperation, because the regulatory power of nation states is obviously limited.”
That's correct as in so far that a single country will never be capable of regulating cryptos. It can try, but it won't do too much. And regulations too strict or outright bans will simply cause a capital flight into countries with laxer regulations and lower taxation. The countries who try to shut down or overtax people now will be the losers of the next industrial revolution. Just don't worry about it and be ready to expat and move to a better country if yours gets too greedy. That way the world will eventually become such, that all citizens will have a decent life without getting bent over by governments, central banks and monopolistic and just outright too large corporations that abuse their power (see Google, and literally all of social media).
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Seems like you haven't missed the dip. Might be some more going on, but it looks like it's time to start easing back into crypto if you actually exited or haven't entered yet.
P.S. Stop believing banks like JP Morgan, they're fucking scams who triggered the real estate bubble which put thousands of people on the streets among other atrocities.
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See thread. It seems too good to be true but so many people praised it to the heavens and back in the past. So now that it dropped more than 97% and BCC closed operations, is it a good time to buy discounted BCC tokens?
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hello dev any news about the tokens listing in any exchange after the crowdsale. I think for first exchanges you can contact buttrex or poloniex before, so your token will be a good price
If you did not noticed - there were no news from 9 DEC except this one: https://twitter.com/Coin_Lancer/status/944208278937931776I Hope CL will be listed on HitBTC Token has been listed on HitBTC, but deposit is not available. Traiding will be available since 5 Jan The freelancing industry badly needs something like the vision of Coinlancer. I just hope this project will turn out legitimate and successful in meeting its objectives. HitBTC is not bad for a start. There is. It's called Blocklancer and is the project that Coinlancer tried to mimic in order to facilitate its (Coinlancer's) scam. Their ICO is about to start soon if it hasn't yet (just got back from holidays so I'm not back in the loop yet). They've been very active in the months leading up to it and it really shows in the details in their white, business and technical papers.
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Was not active in this thread for the last couple of days is there any new news about the card shipment date?
Apparently there's a "Visa rollout freeze" going on for a few more days (started around November or so). And Kris mentioned multiple times that things are about to accelerate in Q1 2018, so it shouldn't be very long now. Potentially as early as week and probably no longer than a few months.
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I'm a big fucking boy and I'll put myself to bed when I'm god damn well ready... <snip of Archer picture>
let me guess, it's friday night end of week before christmas hols and you hit the bottle early ... dropped some pills and bubble the bong, your missus has hit the hay without you and your holed up in the man-cave nursing a serious buzz on your own and it's getting late for your age ... so you hop on-line and look around for cats to kick to let off some steam?? Wrong. I paid $165 to send $181 and I'm here to kick cats to blow off steam off over that. https://blockchain.info/tx/30f824f4233ef331c12864bf3237c9a785b0e55a4c26bf3638aa9fbc8b067ebfBitcoin Core wallet gives the same estimate for 2 block fees as 7 day fees I'd imagine this is due to the miner's manipulative spam for profit. The "faucet" industry is taking a POUNDING right now... FreeBitco.in is having payment troubles because of all of this and Coinpot.co is as well... I'd imagine there is going to be a flood of pissed off little gay faucet users shortly. Paying high fees and then shilling for the dickweeds that caused them in the first place.
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Been gone for a few days and noticed the last question regarding the LNC token utility aspect.
Are 100% of the fees going to be distributed among tribunal voters? Or is a part going to token holders in a way that a dividend would be distributed?
Also, since Ethereum had some major issues with that crypto kitty game (which only added 7~8 tx/sec to the blockchain), do you intend to implement further currencies for paying in the future if the slow transcations become an issue? The new Waves platform already supports over 100 tx/sec and can go up to ~1000 tx/sec, which is quite a leap from what Ethereum offers right now. Without a doubt the ERC20 blockchain will get upgraded down the line and you've already mentioned potential fiat gateways, but this in general still is something that is unclear to me.
Have the new technical papers been released yet by the way?
Hi, I don't believe that it is currently a huge problem because if I make a quick calculation. If we add 1 transaction per second to the Ethereum Blockchain we generate 86400 transactions (60*60*24) per day. On current freelancing platforms every job has at max ~3 bids which results in 6 transactions per job (1x creation, 3x bid, 1x accepting, 1x payout). If we divide the transactions per day (86400) by the amount of transactions per job we get the result of 14400 jobs per day. As comparison Freelancer.com currently handles ~8600 jobs per day. This proves very well that we don't need that many transactions as for example a decentralized exchange . All fees are distributed to the voter in the Tokenholder Tribunal to encourage voting on the platform. Regarding Waves, it is currently no solution because they don't support smart contracts as of now but I will keep an eye on them. Other currencies are no problem to implement especially Ethereum Tokens. The new whitepaper is already released you can find it here. Thanks for your great question and best regards, The Blocklancer Team I'm mostly concerned about Ethereum breaking down again and causing delays for freelancers and clients. Or at least I was until I saw your calculations. If Ethereum doesn't upgrade its transaction throughput significantly, Blocklancer could actually end up congesting it on its own. With the Freelancer market growing at a rapid pace filling up 14400 jobs a day doesn't seem like a too outlandish target, especially if campaign managers ended up throwing their bounties onto Blocklancer to ensure that the people that join their bounty campaigns are of a high calibre. Fortunately that's still a few years into the future though, so by then ERC20 should be much more efficient than it is right now. With fees being distributed to the voters, would that (in analogy) make the voters similar to miners on traditional PoW blockchains? E.g. with difficulty being the amount of votes, rewards being the amount of fees and hashrate being the amount of tokens held by a given voter? Thanks for the Whitepaper, will be reading through it over the holidays. Hi, Yes you're completely right with your comparison it is the same concept as Proof of Stake with the only exception that you solve disputes in exchange of transactions. A Proof of Vote system so to say. Actually we talked the very same in the office a few months ago with the only exception that we compared it with Proof of Stake and not Proof of Work. Best regards, The Blocklancer Team Ah, using PoS as an analogy actually makes more sense since it's much closer than PoW. I'm just way too used to mining so I thought of the PoW comparison first. Glad to see you made the same analogy, further evidence that your team is well versed in all things crypto. By the way, do we know how long the ICO is going to last yet once it goes live? Hello btcmillionaire, The ICO will run for one month, but small changes in the timelines might happen. Hey Alex, thanks for the response, looking forward to this ICO the most! Will be leaving over the holidays, so merry christmas and a happy new year to everyone involved with Blocklancer!
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Since exaggerating blockchain stuff is doable... All my numbers I've posted are real. You are the one that is grossly full of shit <3. I'm going to end this conversation with you at this point.
Good luck with all your shit posts and I pray that people can see through "you peoples" shit.
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Actually I like pretty much to read whats JJG has to say.
All the others OT things misleading about fees or talking about shitalts not much.
Seconded. Was thinking of joining in, but I'm too sleepy to bother (about to drive to the family over the holidays and way outside of my usual waking hours).
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Yeah, every trade is a taxable event to US persons. Whether that is buying coffee or litecoin. It is property according to the IRS.
Even if you thought you could get away with the like kind exchange rule, you still have to report every trade individually on the exemption form.
If it were classified as a stock, you could just report net gains and losses but not so with property.
They have made compliance nearly impossible so unless someone passes a law to exempt transactions prior to a certain date, a lot of people are going to owe back taxes and penalties if not jail time.
Simple solution: Become an expat. Not so easy or simple, unfortunately. Have you heard of the Exit Tax? Capital gains are realized for high net worth individuals upon renouncing. You still owe cap gains if you don't renounce and just expat. Unless you plan on just hiding and never setting foot in US again nor using any international banks cooperating with FinCen rules. Puerto Rico offers tax free cap gains for residents, but you still owe on any gains realized up to the date you become a resident. https://www.forbes.com/sites/robertwood/2017/02/27/renounce-u-s-heres-how-irs-computes-exit-tax/#45c8627287d4No, I actually haven't heard of the exit tax. It does make sense to some degree, or at least it would if taxes were legitimate in the first place. But regardless of whether or not you'd choose to pay what you "owe" before renouncing, it still doesn't sound like anyone who expects any significant profits should be staying in the US any longer than absolutely necessary for whatever individual circumstances. Agreed. However, I'm suspecting you're not married or have many close family relations in the US? The moment I brought up renouncing to my wife, and that she would need to apply for visas to visit family, friends, etc., well... you can imagine the response. Although she's warming up to it proportionally to crypto value. Which begs the question, how much is US citizenship worth? A US passport gets you in a lot of places without visas or trouble. Attaining citizenship in another country takes time and often a good deal of (traceable, taxable) fiat. Although being stateless is an option, it's not recommended for long. You have no rights, anywhere. Can't your wife just live with you while you "make all the money" as a renounced citizen? That way you wouldn't have to tax your profits, and she could visit her relatives without any issues. And no, I don't live in the US so that's not a concern for me. And my family would follow me blindly if I asked them to and told them that I'd take care of everything. And really, considering that the lowest CGT rate is 20% in the US I'd take the money and apply for visas over keeping citizenship to a mess of a country. There are other countries that have "free passes" to most relevant places and low taxes too, although I don't know how difficult it would be for an US citizen to get citizenship there. I'd imagine it can't be too bad.
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Yeah, every trade is a taxable event to US persons. Whether that is buying coffee or litecoin. It is property according to the IRS.
Even if you thought you could get away with the like kind exchange rule, you still have to report every trade individually on the exemption form.
If it were classified as a stock, you could just report net gains and losses but not so with property.
They have made compliance nearly impossible so unless someone passes a law to exempt transactions prior to a certain date, a lot of people are going to owe back taxes and penalties if not jail time.
Simple solution: Become an expat. Not so easy or simple, unfortunately. Have you heard of the Exit Tax? Capital gains are realized for high net worth individuals upon renouncing. You still owe cap gains if you don't renounce and just expat. Unless you plan on just hiding and never setting foot in US again nor using any international banks cooperating with FinCen rules. Puerto Rico offers tax free cap gains for residents, but you still owe on any gains realized up to the date you become a resident. https://www.forbes.com/sites/robertwood/2017/02/27/renounce-u-s-heres-how-irs-computes-exit-tax/#45c8627287d4No, I actually haven't heard of the exit tax. It does make sense to some degree, or at least it would if taxes were legitimate in the first place. But regardless of whether or not you'd choose to pay what you "owe" before renouncing, it still doesn't sound like anyone who expects any significant profits should be staying in the US any longer than absolutely necessary for whatever individual circumstances.
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There is really no good loophole. They have locked it all down. What you describe would be a "Controlled Foreign Corporation" which has it's own issues. Giving up citizenship has an exit tax plus they will still come after you years later if they find out you didn't pay what you owed.
All the more reason to leave as soon as possible. I wouldn't want to be held hostage for the rest of my life. Does the US not have double taxation treaties though? In some places you can just create an offshore company, tax your profits in a different legislation, and then be exempt from further taxes under your own legislation due to the treaty as you've "already paid them" (even if the taxes are as low as 2% or even 0%).
That's why a lot of rich people all over the world choose Monaco for the residence. They pay lover income taxes there and don't pay in their domicile country. Nobody pay's income tax twice, can't believe it's current US law. Probably because most people just bend over and do as told. Stockholm syndrome much? I was a US citizen. I gave it up in 2014, the tax laws are just too complicated. Simple honest mistakes can generate huge fines.
Well, not like the tax system was created to help out honest people who desire a simple life in the first place.
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Yeah, every trade is a taxable event to US persons. Whether that is buying coffee or litecoin. It is property according to the IRS.
Even if you thought you could get away with the like kind exchange rule, you still have to report every trade individually on the exemption form.
If it were classified as a stock, you could just report net gains and losses but not so with property.
They have made compliance nearly impossible so unless someone passes a law to exempt transactions prior to a certain date, a lot of people are going to owe back taxes and penalties if not jail time.
Simple solution: Become an expat. Does not apply to US citizens unless you give up your citizenship. That's right, you still have to pay ! That's really just another reason to renounce citizenship. Does the US not have double taxation treaties though? In some places you can just create an offshore company, tax your profits in a different legislation, and then be exempt from further taxes under your own legislation due to the treaty as you've "already paid them" (even if the taxes are as low as 2% or even 0%).
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Yeah, every trade is a taxable event to US persons. Whether that is buying coffee or litecoin. It is property according to the IRS.
Even if you thought you could get away with the like kind exchange rule, you still have to report every trade individually on the exemption form.
If it were classified as a stock, you could just report net gains and losses but not so with property.
They have made compliance nearly impossible so unless someone passes a law to exempt transactions prior to a certain date, a lot of people are going to owe back taxes and penalties if not jail time.
Simple solution: Become an expat. Does not apply to US citizens unless you give up your citizenship. Sounds like a good trade to me.
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