Yup. Your signature is on point - bitcoin is not anonymous, it is pseudonymous. |
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http://www.newsbtc.com/2016/05/01/isle-of-man-may-soon-be-the-online-crypto-gambling-destination/True to its intention of becoming the Bitcoin capital, Isle of Man has recently decided to relax its gambling laws to include bitcoin and digital currencies.
The Gambling Supervision Commission has called for a limited consultation for a period of one month, starting April 20, 2016, till May 20, 2016, with an intention of revisiting the existing gambling regulations and updating it to meet today’s standards.
According to the document, the Gambling Supervision Commission has shortlisted 6 changes that can be incorporated to Isle of Man’s existing gambling regulations. These proposed changes, according to the document includes –
* making changes to the regulations to allow the digital currency to be accepted just like cash
...by making bitcoin and other digital currencies legally acceptable by all online gambling services operating out of the country, the Isle of Man Gambling Supervision Commission is not only attracting domestic customers, but virtually anyone from across the globe with a working internet connection and digital currency to spare for gambling.
Until now, a full gambling license holder could only sub-license games to other providers minus the back office operations. If the proposed changes are adopted, then the licensee will be able to sub-license the back office operations concerned with the sub-licensed games along with a range of live betting and lotteries as well.
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http://www.bloomberg.com/news/articles/2016-04-28/russian-law-would-send-bitcoin-users-to-jail-as-cybercriminalsRussia is planning to punish users of cryptocurrencies such as bitcoin, saying anonymous, difficult to trace transactions help kidnappers and money launderers.
The Finance Ministry in Moscow plans to submit legislation next month that would punish those who use digital currencies with fines as high as 2.5 million rubles ($38,000) and jail sentences of up to seven years. As opponents criticize such regulations as futile in the face of the growing popularity of bitcoin, Russia joins countries including Bolivia, Iceland and Vietnam in taking steps to criminalize it.
“Bitcoin can be used to finance the shadow economy and crimes, and this risk we cannot allow in the Russia’s financial system, which we are striving to make transparent and healthy,” the press service of the central bank said in an e-mail. should i believe this?i mean if this is really happen in russia,would people from russia in this forum gone?or exchange from russia also closed? in other side i'm happy because some people mentioned russian is scammers,but i'm not sure with that. I guess we'll find out this month whether the legislation actually goes through the Russian parliament. Bloomberg is pretty reliable - they would have fact checked before they ran the story. |
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The last time there was a halving, it triggered a rush towards ASICs in order for the miners to get more efficient at hashing. And it helped that it co-incided with BTC going mainstream, raising the price.
Not sure if this time they will be able to improve hashing efficiency enough to offset the reduction in revenue.
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Does anyone know of any sign up bonuses?
I don't think there are any, though there might have been in the past when Poloniex was just starting. They're now the biggest alt exchange, so probably don't need sweeteners to persuade people to join. |
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I simply do not allow anyone but me to use my computer. I do not have facebook and such and I use several email addresses. My btc are in cold storage and so far I had nothing to worry about.
We're the first security layer of our own stuff. And, actually, I hate 2FA. I used it only once for bitstamp and I then stopped using bitstamp.
This. Don't share computers, run anti-spy ware often, and be very careful of social media, it's used to harvest personal info to give hackers access to your life (especially old school banks which still ask questions like "what was your first school"). |
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And yet the Russians just shrugged when they discovered via the Panama papers that Putin had looted the country and then safely holds his wealth in dollars in a tax haven. You get the country you deserve - if you condone rubbish, don't be surprised if things work out badly.
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There isn't any way that cash would ever be abolished in the UK. Businesses like taxis and pubs would be up in arms about it, and the govt wouldn't ever allow it because it would cost them votes. The BoE can only set interest rates, they can't change the nature of the currency itself - that's down to Parliament.
I would continue your petition anyway - it would be useful for Parliament to debate it and publicly make the point that cash is here to stay.
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Well if they're buying their BTC from other exchanges, they'll be incurring fees plus withdrawal charges - so they're probably giving their customers exactly what it cost them. So in a sense they're correct in that they arn't adding additional fees on top.
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Nice!  It doesn't even matter whether he's interested in Bitcoin or whether he will ever use the BTC the guy gave him, the simple fact is he's one of the most recognizable names in the world. To have Bitcoin and his name in the same sentence can only be beneficial to us and will definitely help spread Bitcoin awareness  What awareness? That guy has about 6k followers on twitter.That's almost nothing. And I doubt his gift to Clinton will make headlines in the big news papers. So I stay with what I said.This was useless. HaHaHa! You are judging Bill Clinton's name recognition by Twitter? Dunno if you know this, but he managed to become president twice in the pre twitter age, and his wife is running for president now. |
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http://www.bloomberg.com/news/articles/2016-04-28/russian-law-would-send-bitcoin-users-to-jail-as-cybercriminalsRussia is planning to punish users of cryptocurrencies such as bitcoin, saying anonymous, difficult to trace transactions help kidnappers and money launderers.
The Finance Ministry in Moscow plans to submit legislation next month that would punish those who use digital currencies with fines as high as 2.5 million rubles ($38,000) and jail sentences of up to seven years. As opponents criticize such regulations as futile in the face of the growing popularity of bitcoin, Russia joins countries including Bolivia, Iceland and Vietnam in taking steps to criminalize it.
“Bitcoin can be used to finance the shadow economy and crimes, and this risk we cannot allow in the Russia’s financial system, which we are striving to make transparent and healthy,” the press service of the central bank said in an e-mail. What if a tourist is found to have some on their iPhone, are they at risk of going to jail for 7 years? Do many tourists visit Russia? I can't think of a reason anyone would visit, it's not like they have a nice climate. |
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Does this mean that the Russian government are scared of Bitcoin?
I think they are still quite communist, however they are in the EU and so probably connot easily ban and enforce laws on Bitcoin (without being removed from the EU).
$38,000 and 7 years is unreasonably high compared to other laws in other countries.
If they do try to ban it, they would be one of the few to attempt it.
Russia is not in the EU!!! |
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Just another new law, they've banned bitcoin few years ago and now they even add more laws about bitcoin usage. Seems like Russian bitcoiner don't care about this news at all, they just have to be careful when use bitcoin. Law won't make criminals use bitcoin, so looks like their real goal is to prevent bitcoin adaption in russia  But how many Russian bitcoiners are there? That is the question. There are lots of Chinese exchanges, but the sole Russian exchange, BTC-E, moved to Bulgaria and announced that it doesn't accept bank transfers from Russian banks. So how do Russians cope? |
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http://www.bloomberg.com/news/articles/2016-04-28/russian-law-would-send-bitcoin-users-to-jail-as-cybercriminalsRussia is planning to punish users of cryptocurrencies such as bitcoin, saying anonymous, difficult to trace transactions help kidnappers and money launderers.
The Finance Ministry in Moscow plans to submit legislation next month that would punish those who use digital currencies with fines as high as 2.5 million rubles ($38,000) and jail sentences of up to seven years. As opponents criticize such regulations as futile in the face of the growing popularity of bitcoin, Russia joins countries including Bolivia, Iceland and Vietnam in taking steps to criminalize it.
“Bitcoin can be used to finance the shadow economy and crimes, and this risk we cannot allow in the Russia’s financial system, which we are striving to make transparent and healthy,” the press service of the central bank said in an e-mail.
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Hyperstake is a good option . I think it has 600 - 700 % per annum
Hyperstake is a good example, it has a 750% interest rate per year, but you will only earn ~68.43% this year and it will decline yearly. It has a Max Cap and High Difficulty so that 750% will never be achieved. Yup. The difficulty has gone up so much, you get a better return trading the coins back and forth, rather than staking... |
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Danny is right on all points.
The Coindesk article also indicated that there is evidence these funds may have come from a mixer, which means it is likely they were stolen funds and the sender will not come forward. In which case there was some discussion about donating the funds or a portion thereof to a bitcoin charity. I think that's very good of Bitclub, a good precedent in general. While there would be many good recipients for such a donation, if it does turn out these were stolen bitcoins, an ironically suitable charitable contribution might involve recompensing those who've been robbed of their bitcoin (in those cases where the theft can be independently verified).
If it came from a mixer it's impossible to verify ownership, right? |
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Give her some coins as a gift. People love getting stuff, and once she has coins and a wallet, she'll be eager to join you in accumulating more.
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Most websites do not suffer DDoS attacks, do not have databases or login areas to be 'hacked', or comment sections or forums to be harvested or spammed and yet they continue to enable cloudflare - blocking regular internet users who most likely just want to read web pages.
Actually, every single website that uses the content management system Wordpress, suffers daily attempts to log into the site and inject malware. You might not see the log in link on the website - but because all Wordpress CMS is accessed online, with a standard log in url, it's vulnerable to bots attacking it trying to log in. And about 90% of sites online use wordpress - you might not realise it, because most remove the badge at the bottom in an attempt to evade the hackers, but that is the case. |
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In order for this to work, bitcoin needs to be legal in both the sending countries (the Gulf countries) and the receiving country (India). The remittance thing works from the USA to the Philippines because it is legal in both places. But according to the following: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country#Indiait is not: On 24 December 2013, the Reserve Bank of India issued an advisory to the Indian public to be cautious in buying or selling of virtual currencies, including bitcoin.[67][68] Following the announcement bitcoin operators in the country began suspending operations.[69]
The first raid in India was undertaken a couple of days later in Ahmedabad by the Enforcement Directorate (ED) on the office of the website, buysellbit.co.in, that provided a platform to trade in this virtual currency. The preliminary investigations found it to be in violation of the Foreign Exchange Management Act (FEMA).[70] |
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