Not hiring an escrow is a different issue and paying in your own tokens is completely another !
You didn't escrow the btc, ok, but why can't you just pay those btc that would had been allotted for the campaign (and would had been escrowed) ??
Just pay the participants for the 1 or 2 weeks of time they spent to promote your project !!
Agree. We've tried very hard to meet the required posts. But until now, we're not receiving any payments. And paying us with tokens? We were expecting to pe paid with btc because that's what they promised. I hope this will be solved as soon as possible. We're waiting. We're not going to receive any Bitcoin no matter what happens, I've settled with this and sent my Eth address. It could be better than nothing I guess. |
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Due to the uncertainty of the campaign, I've stopped posting a actively. Supposing that I leave the campaign and everything clears out with payments, will I still be paid for the first week?
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I am actually considering to remove the signature and proceed to find another campaign, if this whole thing wasn't shady, why isn't the manager responding? It seems like we are wasting our time here, while at the same time we could have joined somewhere else.
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I keep having a few posts deleted, some were during the campaign and some were older ones. I had made more than 30 posts for the week (the total post number is lower due to older posts being deleted, you can check the number of posts I've done after applying) but some got their threads trashed I guess. I hope you show some empathy and I will make sure I fill these missing posts next week.
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According to a recent article on CNBC, Tom Lee is attributing the current price weakness to selling by American consumers and crypto exchanges to satisfy tax liabilities. At least this is an interesting theory, but keep in mind he's only speculating like everyone else. Key (speculative) points from Lee: - U.S. households likely owe $25 billion in capital gains taxes for their cryptocurrency holdings
- Additional selling pressure by crypto exchanges sitting on over a billion dollars in profit denominated in btc/eth and are converting to USD to satisfy tax obligations
- tax-related selling represents a massive outflow from crypto to USD and historical estimates are each $1 of USD outflow is $20-$25 impact on crypto market value
- Expects btc to find footing after April 17
- Expects btc to reach $20,000 by mid-year and $25,000 by year-end
Src: https://www.cnbc.com/2018/04/05/wall-streets-tom-lee-predicts-massive-outflow-from-cryptocurrencies-ahead-of-tax-day.htmlHe's got three essentially short term predictions that will be easy to track, which is the part I'm most interested in. I am not at the least bit surprised to be honest, there are a lot of rumors going on about trying to regulate cryptocurrencies for tax evasion purposes whatsoever. I recently posted a thread about a legislation which was proposed in the European Parliament in order to have more transparency within the transactions, to fight money laundering and terrorism financing purposes. You can check it out here https://bitcointalk.org/index.php?topic=3320925It's not surprising that the governments want a cut from our transactions too, the trade volume is enormous every day, just imagine them having a small percent of that every day as taxes. |
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Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year. Those statements are overwhelming, it may sounds bullish but somehow there has truth in it. http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018Okay, it might have a dose of truth on his sayings, however, people are getting overly hyped with Bitcoin and all these predictions, there are literally more than 10 articles of similar content popping up every 2-3 days. How can people be so optimistic? It's perfectly okay to predict and be positive that the price levels are going to rise but $50k by December? These prices are unrealistic, at least for today's standards, just because these high prices are spammed all over the internet, people seem to believe them, especially when coming from someone who has been on the scene for a while. |
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Hallo guys... Just want to share an information and may be we can make a little discussion about the latest Issue about our lovely bitcoin. last week or last Friday exactly.. as we know there was a positive shocked about bitcoin price. I.ve just read a news on www.cnbc.com and it's also talk about it here is a little part of the news. "Bitcoin climbed again on Friday, reaching its highest since late March. The cryptocurrency briefly rose more than 6.5 percent over the last 24 hours to a high of $8,204, its highest in more than two weeks, according to Coinbase. Bitcoin traded near $8,085 as of 4:07 p.m. ET Friday, up 18.2 percent for the week." and here is the link : https://www.cnbc.com/2018/04/13/bitcoin-jumps-above-8000-bringing-gains-this-week-to-more-than-18-percent.html my question is... what will you gonna do to face up this condition... will you take your bitcoin from your wallet to change it to a real money... or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet  ? thanks Not going to sell any BTC at the moment, currently have a small sum set aside for future holding, since I do not have the need of immediate funds now, I don't see a reason to sell, even at a slightly higher price. Bitcoin has been having a steady growth the past few weeks and it looks like it's going to continue for a while before facing a major dip. It's a good time for traders though, trading is at its finest right now, volatile but still steady market. |
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I found some 1060's for $165 each, that seems like a steal, what do you think? Not looking for an opinion on whether mining is bad or not
That's definitely a steal, even now that profitability is low, it's definitely worth to buy a few. However, the price sounds too good to be true, are they used? Where did you find them? From where are they shipped? There are a lot of knock-offs on eBay or AliExpress, that will even look identical when plugged on your PC but they are not even close to that. |
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I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?
Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.
For you guys this is true? and why?
It's completely normal for people to panic, especially when the prices are high, like it was on December, most have made profit, thus, selling a little lower is understandable, trying to avoid going into a situation we are now. (Low price levels, volatile and unstable market). However, I find it completely irrational to panic after many days of grace period, like we were now. |
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The financing of money laundering and terrorism is a huge problem all over the world, we know that but i think the demands of the European Parliament are not related to these issues, they are just excuses. They want our information because they want to manage our money, it's their job.
Assuming these regulations would be implemented, how would they "manage our money"? I actually find really hard to even pass these regulations due to the nature of Bitcoin and cryptocurrencies. It's almost impossible to track our every move while at the same time there are several ways to store your funds offline, supposing the governments could actually track online storage/wallets. I don't doubt that something won't happen towards the regulation of crypto, buy I do doubt its effectivity. Not that hard at all. Regulator just has to make sure that no money flows into or out of cryptocurrencies without the transparency of transactions. They don't need to track your movements directly. If there is, however, no way to take money out of cryptocurrency without transparency, such transparency will be enforced indirectly. Assume you are a business. You only sell against bitcoin, but the bills (eg electricity, web hosting, wages, taxes etc) are in USD, so you will need to exchange the btc income for usd and move that usd to your bank account to pay the bills. The regulator can force banks not to accept any usd tranfers from any cryptoexchange without proof of providence. I get your point, if you actually withdraw money from the exchange into your bank account, you are bound to be caught and taxed one day. However, there are other ways to exchange Bitcoin and cryptocurrencies, via face-to-face deals, this is the minority though to be honest but my point is that it can still be bypassed. If these regulations do pass, then they will probably start catching up most of the transactions/money laundering coming through banks. |
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Hi, I am new in crypto mining created 9GPU rig with rx470 8gb. I mine with simple miner and set cloacking as the image . Problem is it get hang after few hours and required restart for run the rig again. Its on non ac room and i dont add any extra coller fan for gpu. Is the hit might be a issue?  Could be a variety of reasons for your issues. Either driver issues, excessive over clocking, excessive temperatures. What's your operating temperature when mining? Have you checked the thermal paste? Are the fans all properly working? Is your BIOS modded? |
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Bitcoin's market price can fall so deep that noone of us really knows how deep it will fall down because bitcoin is volatile. But so far, bitcoin has only fall to 6,000$ and goes up again and again. Just remember that there is money when its market price goes down so deep.
Well, the bitcoin's price is now somewhat stable around 8000$ and from here I don't think it would fall back any deeper. However the market had shown some signs of recovery, so I believe that continuous stretch of the downtrend is over for now and I'll be expecting the inflation in the price too soon as it won't go any deep further... The price might be somewhat stable for the last few days but I wouldn't be the least bit surprised if it suddenly crashes back down. After so many days of grace period, a small dip would be completely normal, however, I don't expect it to drop below $7.000-$7.400, any time soon. The market has been quite stabilised and has an upward trend. |
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The financing of money laundering and terrorism is a huge problem all over the world, we know that but i think the demands of the European Parliament are not related to these issues, they are just excuses. They want our information because they want to manage our money, it's their job.
Assuming these regulations would be implemented, how would they "manage our money"? I actually find really hard to even pass these regulations due to the nature of Bitcoin and cryptocurrencies. It's almost impossible to track our every move while at the same time there are several ways to store your funds offline, supposing the governments could actually track online storage/wallets. I don't doubt that something won't happen towards the regulation of crypto, buy I do doubt its effectivity. |
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What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?
Yesterday was definitely a good day for the market. I could swear that today the market would crash, at least a little, but it didn't. It only fell at a small degree and now it seems to have already recovered from that. However, I do doubt that it's going to pump up to a new all time high or anything near that any time soon. Right now, Bitcoin is making a steady growth, which is a lot better than a few random pumps every now and then. Thus, I doubt that anything similar to last year's pump is going to happen soon. |
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This is a two edged sword.
For one, any governmental control goes against the fundamental philosophy of bitcoin.
But on the other hand, this shows that politicians start taking cryptocurrencies seriously.
On the whole though, I think this is a good development. It requires some give and take, but if it's done properly, it will give users some protection similar to that found in regulated markets, while not giving up too much of the privacy and anonymity afforded by crypto currencies. Furthermore, such an at least "weakly" regulated market is essential for broad adoption by mainstream businesses, which in turn is essential for cryptocurrencies to reach the next growth segment.
Definitely, governments are taking into account the widespread and resilience of cryptocurrencies, thus trying to take action to either halt their advance or actually legislate measures that will also help cryptocurrencies develop in the advanced world. That way, with the interference of governments, it could also become a way of payment one day, providing that they don't want to halt their advance, which is highly unlikely now, due to their nature and accomplishments, rendering too late to actually fight them. |
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Stumbled upon this article today. http://www.europarl.europa.eu/news/en/headlines/security/20180404STO00913/plenary-vote-stricter-eu-rules-on-money-laundering-and-terrorism-financingAccording to the European Parliament, in order to fight money laundering and terrorism financing, they proposed a new legislation to regulate cryptocurrencies. Quoting from the article: The new legislation would also require virtual currency exchange platforms and custodian wallet providers to exercise due diligence and end the anonymity associated with such exchanges. “Now we say that platform providers and those who keep bitcoins in their wallet need to know their customers just as banks do. It is quite revolutionary,” explains Sargentini. In simple words, they actually want wallet providers to require more information from us, similar to banks. What are your thoughts on this? Could this ever happen? |
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Market is definitely not degrading right now.. Everything turned green and those greens are really high percentages %20-40. But I cannot deny the fact that market may still degrade after this cause its very unexpected.
Well, the prices are already in the process of slowly crashing. It's normal and it was bound to happen, especially after so many days of grace period, being slowly growing in the green side. Soon, after the dip, it will be the perfect opportunity to buy. |
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Some of you have heard, others may not for Tim Draper , he is very famous venture capital investor and a great supporter of BTC&blockchain technology.In 2014 he bought around 30 000 BTC on auction,and that year he give statement that 1 BTC will be worth 10 000$ in next three years,which of course came true. Yesterday he announced new prediction on his blockchain party at Draper University,anticipating 250 000$ per BTC at the year 2022.I remember 2014 and how many people joked on his account,but in the end he laughed at them.I will not say that this time he is right again,but I think he is one of the people whose thoughts we should take very seriously. More info&video from event : Tim Draper 2018-2022 Price PredictionI don't want to underestimate any of these so-called predictors/investors, they probably have been around for longer than I have been, thus, they definitely have more knowledge that I do. However, I deem these kind of predictions overly optimistic and unrealistic, only time will tell for sure. |
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You can try Gemini or Kraken for buying coins and as for storing, I wouldn't recommend an exchange. If the amount is anything higher then +1000$, I would suggest getting a hardware wallet.
Regarding the bank, I think you are better off asking Coinbase about this and also confirming with your bank that they have no issues with crypto related transactions.
I'll definitely agree with you, storing crypto in exchanges is not recommended, you have no access to your funds, it's not a wallet thus, you get no private keys whatsoever. If something happens, account compromised for whatever reason, exchange somehow hacked, you will lose your funds and then good luck trying to recover them back. Some of the most well-known exchanges are Kraken, Bitstamp, Poloniex or Coinsbank, there are literally a ton. |
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