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4341  Bitcoin / Press / Re: [2019-05-08]Facebook stops blocking some blockchain ads on: May 10, 2019, 09:55:09 PM
If their goal was just to protect against icon fraud then they should still allow bitcoin adverts and other proven coins that don't require an ico

So, that would mean anyone can advertise a scam as long it's related to Bitcoin. With people imagination today it's surely quite easy when you see the IQ level on Facebook Roll Eyes They only know about funny cats videos and spread the wickedness behind a keyboard.
By saying FB will allow some blockchain ads I bet it will be ads related to services (wallets/cards/exchanges whatever) and blockchain projects like I described above. And projects can stop to use the ICO model to come back to something more traditional like a crowdfunding platform.
4342  Economy / Economics / Re: Will people come back to gold on: May 10, 2019, 09:25:11 PM
Because Gold isn't for a long term investment? When you invest in gold you do for at least 20 years, otherwise, it may don't worth (from someone looking for profits I mean, not someone seeking to save a capital), it's like the real estate.
Also, people argument that cryptos are digital, which is true, and gold, not, but there are investors investing in digital gold/gold paper. With the OP I was more interested with the mass population and the average Joe, not really investors or companies.
4343  Bitcoin / Bitcoin Discussion / Re: Spain – busted - Crypto ATMs used to launder narco money on a large scale on: May 10, 2019, 09:04:33 PM
@AGD
Yes, that's why we have a saying in my country. Go sweep at your house before looking at others
By the way, the last time I asked myself a question
Almost all banknotes in circulation contain drugs. (Contaminated currency) Compared to Bitcoin which has a limit supply, in 50 years all bitcoins will be contaminated
4344  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Cheapest country to launch a cryptocurrency exchange (possibly ICO)? on: May 10, 2019, 08:47:40 PM
Estonia is good

Good because every administrative paper can be done online and in English.  Most citizens use English daily, even the government website has an English version. It's clear and well explained. I like how simple is their administrative system even for foreign folks.

I don't remember the cost to open a company there but the fee is marginal and maybe none existent.
You can apply for the E-residency, it costs about 100€ and you become a (virtual) citizen of Estonia. You can then open a company easily after.
The related taxes are also simplified, no need endless hours for accounting, you can't even forget to pay


I was not aware of this much easier citizenship LOL
Are they for real?


Yes it's real https://e-resident.gov.ee/ but it's not pure citizenship otherwise the country would already be invaded by refugees. But as a European citizen, you can easily refugee there Grin I remember a law saying that once you live there for 2 months you can go to any police station to get a VISA you even get the free health insurance lol.

You don't need to create a company to apply for the E-residency but if you do you can manage everything (related to it) from your home. The government digitalized almost everything years back.
4345  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Cheapest country to launch a cryptocurrency exchange (possibly ICO)? on: May 10, 2019, 07:20:35 PM
Estonia is good

Good because every administrative paper can be done online and in English.  Most citizens use English daily, even the government website has an English version. It's clear and well explained. I like how simple is their administrative system even for foreign folks.

I don't remember the cost to open a company there but the fee is marginal and maybe none existent.
You can apply for the E-residency, it costs about 100€ and you become a (virtual) citizen of Estonia. You can then open a company easily after.
The related taxes are also simplified, no need endless hours for accounting, you can't even forget to pay

4346  Economy / Speculation / Re: sec consider new bitcoin and ethereum ETF on: May 10, 2019, 05:41:36 PM
I'm not even sure if ETF will finally have something positive to Bitcoin. People don't care anymore about it. Only people already in crypto do and not because they're interested in an ETF but because they hope the Bitcoin value increase. BTC ETF is a flop dead before born.
4347  Economy / Service Discussion / Re: Lack of Bitcoin debit card providers on: May 10, 2019, 03:05:12 PM
I believe that since then they have never updated their page on their site. I mean they may still haven't a new card provider. It's what I guess since the page doesn't even say if the card is a Visa or Mastercard.

All of the info out there needs cleaning up. There's so much old information on sites seeking clickbait as well as the card non providers themselves. If you can't be bothered to look a little deeper you'd think there were still plenty of cards available.

I guess it pays for these sites to lure users in without stating that they don't have a card to offer them.

They had a popular thread in the forum, even when they didn't have any card anymore Cheesy. Now it's dead for several months. Don't know what people are doing on this website, it's like Advcash. it's over 1 year since cryptopay announced a brand new Visa card, yet nothing. If Wirex, Advcash & friends can't partner with another company to issue cards their business is almost dead.
I've contacted their support (Cryptopay) and this indeed seems to be the case. Currently only KYC2+ verified people from Russia can get physical cards, (Passport + utility bill verified), and the rest is "Going to be announced soon".

Pretty nasty marketing if you ask me. I mean come on, at least remove the outdated card info temporarily.

I think this has been a method to keep existing customers left without a card.
And for potential new customers, it's a way of saying that for the moment it's not possible to come back later.
I hate wasting my time with such a thing.
4348  Economy / Trading Discussion / Re: Wash trading with crypto exchanges on: May 10, 2019, 12:39:07 PM
And ordinary token holders will also be happy because they can sell when they got at a good price. So maybe we have a win-win situation that is why many are not actually complaining at all...except that this arrangement may not be working for the long-term stability and viability of this industry.

How can you be happy with wash trading on exchanges? It's market manipulation, how can it be a win-win situation? It's forbidden in finance and could lead someone to jail.
People doing this don't care for the long-term since they will be gone before. The holders/traders are the ones who get fucked.
4349  Bitcoin / Bitcoin Discussion / Re: Spain – busted - Crypto ATMs used to launder narco money on a large scale on: May 09, 2019, 10:50:15 PM
It's even easier to buy gold and to be untraceable compared to Bitcoin. You can't transfer instantly yes but it's not a problem for them, they are not looking for a Paypal alternative
Gold and cash are just as decentralized as Bitcoin, but offer way more privacy because there is no way you can track transactions conducted by criminals who exchange these assets somewhere outside in a parking lot.

I can buy gold without an ID from local jewelry or pawn stores (of course not an infinite amount), while I can't buy Bitcoin as easily. The only way to buy Bitcoin locally is to search for sellers around you that are trusted enough.

People credit Bitcoin too much for its usefulness and privacy that it offers to criminals, while Bitcoin in reality is a horrible tool for that. If people understood how Bitcoin worked they would know that as well.

That was exactly my point. But since the media prefer to publish articles on this kind of subject, people only remember that. On top of that, how many researches have been published to finally say that the percentage of BTC transactions related to illegal activities is very low?

Quote
The United Nations Office on Drugs and Crime's World Drug Report 2005 estimates the size of the global illicit drug market at US$321.6 billion in 2003 alone. With a world GDP of US$36 trillion in the same year
just for the drug industry

Quote
In December 2009 United Nations Office on Drugs and Crime Executive Director Antonio Maria Costa claimed
illegal drug money saved the banking industry from collapse.<== Cheesy
https://en.m.wikipedia.org/wiki/Illegal_drug_trade
4350  Economy / Economics / Re: Deflation based currency such as Bitcoin to counter promote economy. on: May 09, 2019, 09:35:52 PM
More you print money more the currency decrease. 20 years ago with $1 you could buy a coca-cola bottle, today you can't even buy a stamp.
With Bitcoin, it does the opposite, because more time goes and fewer bitcoins to mine there are.

Keynesian Vs. Austrian Economics
http://multi-act.com/austrian-school-of-economics-vs-keynesian-economics/
https://fee.org/articles/it-s-not-just-keynesians-vs-austrians/
4351  Bitcoin / Bitcoin Discussion / Re: Spain – busted - Crypto ATMs used to launder narco money on a large scale on: May 09, 2019, 08:21:27 PM
Imagine the case where a drug dealer converts the dirty money to potatoes chips and send to Colombia. Will the potatoes chips reputation damaged? No. Replace it with gold, will it have a damaged reputation? No.

Why when it's about Bitcoin the mass population feels the need to label it as criminal paradise currency.

Well, because it is. I can sell heroin, shove 100k into Bitcoin ATM's and send it anywhere instantly. Can't do that with gold, or anything else really.
You can sell heroin, inject the money to buy gold (no gold ATM yeah but it's not the point) not different. So?
What people do with Bitcoin is something else. Otherwise, we would need to agree to say that the dollar is also a criminal paradise currency.
Before Bitcoin was alive what were they using do you think? Gold, big banknotes

You can't buy gold at a machine and be untracable, then send the gold anywhere in the world instantly.

Right that's why I wrote "no gold ATM yeah but it's not the point"
It's even easier to buy gold and to be untraceable compared to Bitcoin. You can't transfer instantly yes but it's not a problem for them, they are not looking for a Paypal alternative
4352  Bitcoin / Bitcoin Discussion / Re: Spain – busted - Crypto ATMs used to launder narco money on a large scale on: May 09, 2019, 06:20:45 PM
Imagine the case where a drug dealer converts the dirty money to potatoes chips and send to Colombia. Will the potatoes chips reputation damaged? No. Replace it with gold, will it have a damaged reputation? No.

Why when it's about Bitcoin the mass population feels the need to label it as criminal paradise currency.

Well, because it is. I can sell heroin, shove 100k into Bitcoin ATM's and send it anywhere instantly. Can't do that with gold, or anything else really.
You can sell heroin, inject the money to buy gold (no gold ATM yeah but it's not the point) not different. So?
What people do with Bitcoin is something else. Otherwise, we would need to agree to say that the dollar is also a criminal paradise currency.
Before Bitcoin was alive what were they using do you think? Gold, big banknotes
4353  Bitcoin / Press / Re: [2019-05-08]Facebook stops blocking some blockchain ads on: May 09, 2019, 05:36:23 PM
"Facebook stops blocking some blockchain ads"
Now we're gonna see for many weeks people posting that Facebook will soon create its coin  Roll Eyes

There are truly some good projects around the blockchain technology but outside cryptos. Pharma, supply, energy, military defence, smart cities and so on...
A lot of different things to learn and people to talk, forget the shit ICOs, real blockchain development isn't in crypto, not even in Bitcoin.
4354  Bitcoin / Bitcoin Discussion / Re: Spain – busted - Crypto ATMs used to launder narco money on a large scale on: May 09, 2019, 05:20:42 PM
Imagine the case where a drug dealer converts the dirty money to potatoes chips and send to Colombia. Will the potatoes chips reputation damaged? No. Replace it with gold, will it have a damaged reputation? No.

Why when it's about Bitcoin the mass population feels the need to label it as criminal paradise currency.
4355  Economy / Speculation / Re: Now that bitcoin has crossed $6100, what are your thoughts? on: May 09, 2019, 11:45:47 AM
I prefer to remain cautious for the time being. In the short term, the storm is over but in the long term, I am not yet convinced. Which also means that I anticipate a decrease. There are a lot of people who will start to sell a percentage of the coins bought at $5,000 and below to take a short profit.
Yes me too I would like to see the same pattern as in 2017 but I found that between my dreams and the reality there is a big difference but you never know.
4356  Economy / Service Discussion / Re: [LIST] Free EU bank accounts that you can be opened directly online on: May 09, 2019, 11:04:43 AM
Between Wirex and Bitwala? I never tested Wirex so can't comment but I would say they are both the same. What could decide you to use A or B would be the fees or limits. Everything else is similar between both.
From the whole list in OP, if I'm not dealing with cryptos I would go for Bunq, N26, Fidor since they are real banks with regulations and a real banking license.
4357  Other / Meta / Re: Where can I get the reason for deleting a post? on: May 09, 2019, 10:46:17 AM
@Lucius
No it doesn't say the reason and honestly sending a PM to a moderator is time wasting for both. Better to move on

4358  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ZEN] Horizen: Bringing Privacy To Life [EX ZenCash] on: May 09, 2019, 10:28:56 AM
I received my crypto swag in my post box, unboxed and found my Horizen T-shirt!  Grin
I will post a photo

@Medar
Thanks to the team for the gift, truly appreciated
4359  Other / Meta / Re: Paying someone for posting on ANN thread is against the forum rule or not? on: May 09, 2019, 10:11:31 AM
Looking both sides, from the owner point of view, it makes more sense to get feedbacks visible on your ANN thread than on a bounty thread.
Also, he isn't interested to get unsubstantial posts, (hence the 300 characters requirements) but real content.

For the forum, it doesn't generate shit posting it does the opposite. It could be considered in the grey line but I have seen many services doing the same and it was fine. Especially compared to what we usually got with the shit bumping services.
Sometimes we see the hell everywhere while there is no need.
4360  Other / Beginners & Help / Re: How to find qualified KYC services? on: May 09, 2019, 09:28:55 AM
@joniboini is full of nonsense. Imagine a country running a 'crypto project' but it needs to ask permission from an institution... in another country...  Cheesy
And people afraid to be jailed because "it's not easy to run a project". This guy doesn't have the light in his brain, a country doesn't run 'any crypto project' and the SEC is only for the US citizens
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