Just wanted to say that I'm glad for having Kraken as my main exchange! The incident with Cryptopia made me realise that!  Keep going strong guys! LOL, same case here. Through Kraken got a difficult time before, they rock solid now. I like when the things work as they should be 
Though international individuals do not currently have any USD funding options available, we expect this to change soon.
This would be good and about time. How far away is it? Also, how can we ensure that what happened to Quadriga is impossible at Kraken? That no single person's disappearance/death or bad intentions stuffs everyone and the exchange. And no empty cold wallets and other shady happenings. Kraken is too big to have the same scenario happen. There is not only 1 guy mainly managing everything alone from IT to management. They have many workers with a much complex structure. |
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Guys, you missed something. It's not @OP who is looking to sell BTC to Paypal. It's someone he knows and owes some money.
He wants to pay back the money in BTC so he asked for an easy way for a newbie to receive and sell BTC to fiat.
@OP
As soon he will sell and transfer fiat to his account the KYC verification will be needed. If it's isn't a problem for the person then he could basically use any exchange. He may use Bitstamp, Kraken.
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After two years dealing with this bank I can confirm that this is a SCAM.
Are you going to leave it at that or share a bit more detail? I've never really understood what they're about. No one ever mentions them yet they lay on things like that ghastly sounding blockchain cruise which must've cost a substantial amount. They wanted to be one if the first cryptobank with a wallet, a card, and a built-in exchange, mobile app, etc. But I have never seen them popular around the crypto community, a lack of marketing strategy I suppose. The few times I have seen them mentioned here it was about not happy with it. |
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That mean: I don't know bro, I have my slaves taking care of it It is so long in Russia that I don’t believe in the success of cryptocurrency circulation in this country.
It's not about the circulation of a cryptocurrency, it's about the legislation. People are free to use it but the government is looking to know how to regulate it, for the taxes, related businesses, ICOs, etc. Did you hope to see Putin making BTC the new currency, nope |
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You didn't get it. Amazon is not shipping orders on Denmark, so using a site like Purse.io is useless. That's the reason he mentioned he wanted to use Shipito. To get the item shipped in the US and then forwarded to his own address. Purse.io isn't helpful here.
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In my honest opinion, to make it more approachable / understandable bitcoin must have a some sort of educational ads on mainstream TV. It need more exposure I guess , maybe also introduce bitcoin during school (around gradeschool) . People fear what they dont know , that is why some people stay away from bitcoin. So yeah , guess what I mentioned would be a good start.
Bitcoin has no need for any commercial ads on mainstream TV or anywhere else. Bitcoin is an answer to a need if the folks have no need they aren't going to use Bitcoin (excluding people who heard on YT how BTC is great and supposed to moon soon so they invested in). The day people will have a need they will look for an alternative. Now we can create this need by explaining the advantages that Bitcoin could give to the person (for example someone could save money on bank transfers). Organically they will learn themselves about it and maybe adopt it. |
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Its not easy to cashless its makes more years to analyze if this is good in the country. Some countries are not already progressive but i think its happening if the countries is want to accept cashless in the territory. Cashless are very helpful and easy to transact but there are some places that not accept cashless like a wet market but if the government rules is to cashless payment for every purchasing is good but i think its hard to accept because like i said we need more research and plan about that kind of economy.
A cashless system exists since the Knights Templar and the Crusades. They introduced the cheque system, it was a convenient way. Then the coin came, the banknote... When the banking system introduced the card and VISA, Mastercard and so on, it was also a convenient way at that time. The payment means changed over the centuries depending on the needs, politics, geopolitics, populations, locations... Now there is a demand for a more convenient way and banks perfectly know it has to come with the technology. You can pay almost anywhere with a Contactless Visa/MasterCard here. You will be surprised if I tell you the majority of people using the contactless feature are about 45-65 years old. Statistics show that some countries are strong believers of physical money like Germany, while some others prefer anything digitalized. There is also a difference depending on age. In the end, it all depends on the generations and countries but there is no need to "research" what kind of economy. It's not really supposed to revolution an economy it's supposed to make it as most convenient as possible. |
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People think Bitcoin will hit 20k again, but it's more a matter of hope that possibility.
As the majority of people did see the price at $20k and enjoyed, they have like "the best" which is the $20k. They're just hoping to see it again, they hope as much that it becomes inevitable.
But in reality, there is nothing certain. Some people say the next halving will pump the price but again nothing is set and BTC can be surprising as we know
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Switzerland is a member of the OECD group. http://www.oecd.orgCountries exchange information and more countries will be included. So if today a bank is offshore, it's possible that tomorrow not anymore. There are still few banks there like BSI, CBH,... |
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If you are looking for a good store of value, look for something that is stable in price and centralized/regulated. Compared to bitcoin, being a decentralized entity makes it price volatile and unpredictable making it not a good candidate for a store of value in the future. I would also argue that purchasing properties may be better compared to bitcoin in this aspect. It's not the decentralization of Bitcoin that gives its value, nor its volatility. Otherwise, Freenet project would worth multiple million dollars. In the real estate, you could also make a loss, either because the property has been loosing value after 10-20-30 years, or because the market is down. That's correct, gold has its own value on its own and it is not volatile like Crypto currencies, Bitcoin and other forms of Crypto currencies needs a stable currency to be able to create its value. Fiat is a stable currency used worldwide and without this, there will be no or it will be hard to determine the price of Bitcoin without pairing it to a stable currency. I think this kind of natures of both these assets is needed to make more balanced trading. Totaly senseless... - Bitcoin doesn't need a "stable currency" to have a value. - Fiat is not determined to be stable. Take a look at the Zimbabwe dollar that worth nothing |
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In the future getting a Ledger Nano S will be like having a Nokia 3310. @OP The quote you posted is based on data old from 2008. What is the difference between SLC and MLC? I am sure today even the cheap that you buy at the gas station can do a lot more than 10k I/O. In 10 years the tech improved with the wear leveling method Wear leveling (also written as wear levelling) is a technique[1] for prolonging the service life of some kinds of erasable computer storage media, such as flash memory, which is used in solid-state drives (SSDs) and USB flash drives, and phase-change memory. There are several wear leveling mechanisms that provide varying levels of longevity enhancement in such memory systems.[2][3] https://en.wikipedia.org/wiki/Wear_leveling |
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Well, good job and better than nothing but 27BTC are ridiculous compared to 120k. Considering 5k customers that's an average of 0.005BTC each (but not the 5k will receive the same amount). Imagine if you owned 10BTC and you receive an email to say they have 30$ for ya.
Did they say if they're still investigating on it or stop?
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The offshore banks are not offshore anymore. It's not the same as it was before with the international information exchanges program. Maybe less than 10% of the banks are still truly offshore, and you can be sure the percentage will reduce with the years coming.
Also when you have nothing to hide you have no use for an offshore bank account
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Maybe Gemini and Bitstamp for the trading feature you're looking for. But as a web wallet with a "friendly" UI like Coinbase has, to be honest, I don't think there is any, or at least not coming to my mind. As we all have different preferences...
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+1 for BitGild. If I remember correctly there is a topic discussion about it here. APMEX also accepts Bitcoin and Bcash, but up to $250.000 only. They do ship to the UK but you're charged an extra fee, like $50 https://www.apmex.comYou can also take a look at GoldSilver |
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Yes, that's what im talking about.
Most crypto cards have bad currency conversion and other fees, but if you can use them to top up services like revolut instantly in the cards native currency then you can take advantage of the more established services like Revolut which have pretty much the best fees.
Revolut freezes accounts way too often to be usable though and TW is acceptable with the 0.20% fee but are those the only 2 that support card top-up?
Sorry for asking this I just want to ask if what does EMIs exactly mean? Maybe I could help If I know some EMIs accounts where you can topup with cards. When googling I found 2 different meaning the one is "Education Management Information System" and the other one is "Electronic Management Information System" That's why I'm confused is it related to education? It has nothing to do with what you found. It stands for Electronic Money Institution/Issuer. The term refers to the e-money companies such as Payoneer, Neteller, Advcash, Skrill, Payza, etc, since they're not and can't be called "banks" It includes some prepaid card service as well. (the ones that you can top up with a voucher from the supermarket) |
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Up to 2/3 of the Bitcoin transactions have nothing to do with real usage. It's just people trades. What matter is the number of transactions from people using it as a currency, and not a trade to the moon lifestyle.
With Bitcoin, you have a group of people transacting with a lot of (money) bitcoins while with Paypal people usually do small (or medium) transactions.
So if you consider only the Bitcoin TXs from people with a real usage for sure Bitcoin is small compared to Paypal
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We used gold centuries ago, we could be totally able to come back to it. Or at least back to the US dollar backed by gold like it was years ago Not gonna work out Well, it could actually work out if we got back to the state we had been in like 16-17th centuries (or even before that). Conspiracy theories aside, the major reason why governments dismantled gold backup of fiat currencies was because it had been a constant pain in the ass in the form of monetary imbalances which were caused by the rapid expansion of the world economy due to Industrial Revolutions (definitely not a bad thing on its own) It had started to be acutely felt in the second half of the 19th century and ultimately led to the Great Depression of 1929 (with a train of minor crises before 1929). The Nixon shock of 1973 was sort of official divorce, but we could safely claim that gold and dollar parted their ways as early as 1933 after Franklin Roosevelt had signed his famous Executive Order 6102. In other countries the separation occurred even earlier Right, I didn't know what was the Executive Order 6102 and wasn't aware a few countries did it before the USA. What you call "the monetary imbalances which were caused by the rapid expansion of the world economy due to Industrial Revolutions (definitely not a bad thing on its own)" could be also called as the new way to print money and the unlimited scriptural money based on nothing. To reply to the industrial revolution as you said. |
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The buyer nationality doesn't need to be Danish. Anyone could buy your item on Amazon and receive it, then ship it to you to the address you want. Or your order and pay the item and give the address of the person. Obviously, it would need to be someone in the US. Of the person doesn't want to give his personal address he can pick the box at a "Pick Up Point"
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Are those any good ? 
