all your opinions above, this is not a corporate world, short and sweet, reminder: 0 coin loss to anyone, blockchain has stabilized (easy to check by block explorer)
it is ridiculous to expect/demand expect guarantees from anyone, no one owes anybody anything this is not fdic insured at "some ridiculously small number" CD at a local bank
well lets hope so still missing 19k coins! It's a blockchain, coins don't get lost. They may not be visible atm. Just wait for the news and updates, and keep an extra copy of your wallet. |
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Look today volume guys🙈🙈🙈🙈 another disaster
Low volume = not many people dumping And = nobody buy and interested in token ! For every sold coin, there's a buyer  The coins don't vanish into thin air. |
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Source: https://tomluongo.me/2017/10/16/russias-crypto-ruble-changed-capital
Russia’s Crypto-Ruble Just Changed the Game
OCTOBER 16, 2017 / TOM LUONGO
The crypto-ruble is confusing a lot of people. It shouldn’t. Putin just took the lead in Crypto-technology.
For weeks now we’ve been getting very mixed signals out of the Russian Government about cryptocurrencies. On the one hand we see it embracing the new technology while at the same time going on the warpath against them.
Because of that there is a lot of confusion in people’s minds as to what the endgame for cryptos in Russia looks like. I’ll try to clear this confusion up given what we know.
But, suffice it to say, this is very good news for both Bitcoin and the Russian economy. Give me a few minutes and I’ll explain why.
Putin’s Law
Vladimir Putin is very much a law and order kinda guy. If you watch Putin operate in the public arena he always does so with an eye towards the law. He believes strongly in the law. And cryptocurrencies, despite their obvious benefits to a Russian economy that needs the type of disintermediation cryptos offer, operate in a legal gray area that makes Putin uncomfortable.
So, the goal with Russian official crypto-policy is to stamp out the illegal activities – the money laundering, terrorism-financing, human-trafficking, etc. – while simultaneously using the technology to modernize Russia’s internal capital handling capabilities.
This is what the crypto-ruble is all about. It is a way for Russia and Russians to provide a gateway between the crypto-world and the so-called real one. It ensures that this new form of ruble properly tracks capital flow through the Russian economy.
By taxing crypto-rubles at the capital gains rate for those that cannot provide a paper-trail of ownership, Russia and Putin are incentivizing the development of low-cost crypto-payment systems to exchange rubles for goods only in cryptocurrencies that also track ownership, like Ethereum and others that have transparent blockchain histories.
The Russian Capital Invitation
Putin is openly inviting investment capital into Russia that is legal and above board. Russia wants legitimate businesses to operate in Russia in whatever currency they like as long as that business is transparent.
The crypto-ruble provides the means by which to convert, transaction-cost-free, back into the national ‘fiat’ currency to pay bills, taxes and the like. This is in direct opposition to how the U.S., for example, treats cryptocurrencies.
The 2014 I.R.S. rule that classified Bitcoin as ‘property’ means that every Bitcoin transaction, no matter how minor, creates a potential capital gains event. It means that buying a cup of coffee at Starbucks in Bitcoin is taxable for both the person buying the coffee (capital gains on the sale) and Starbucks when they go to sell those Bitcoins, buy dollars and pay salaries, order supplies, etc.
It’s why the capital that has moved into cryptocurrencies isn’t moving back out. It’s why the ICO market has exploded. Billions in profits actively looking for new investment opportunities without paying taxes.
It’s also the main reason why Amazon, for example, doesn’t take Bitcoin. Who wants that hassle?
Can you imagine Amazon’s Schedule D if it accepted Bitcoin?
The crypto-ruble’s structure dispenses with that for those that can prove ownership via the blockchain. Bitcoin allows for transaction transparency, so does Ethereum, Litecoin and many others.
Now, cryptos can exist side-by-side with rubles without worrying about the threat of double taxation, unless you earned your money in the murk, at which point Russia wants 13% capital gains. This new system won’t bring that capital back into the Russian economy, but it wasn’t coming back anyway.
Russia Embraces its Own Cryptos
By calling Bitcoin as a Ponzi scheme and an avenue for money laundering Putin and the Bank of Russia are simply attacking technologies that are not home-grown. They are, like every other person in the markets, ‘talking their book.’
Putin would prefer people use platforms that are Russian. Remember, he’s also a nationalist trying to bring Russia prestige in this important market going forward.
Ethereum and WAVES are both platforms designed by and built for Russia. So, you’ll notice that Putin has never spoken out against Ethereum. WAVES continues to fly under a lot of people’s radar, but it is just as disruptive as Ethereum.
They both provide a platform to act as Infrastructure as a Service (IaaS) for the next generation of internet-based applications. Ethereum is a kind of operating system for Internet 3.0 while WAVES is next generation forex exchange as well as providing an easy platform for issuing new public/private equity.
WAVES is what will back the Moscow Exchange’s move to trade cryptocurrencies and their derivatives. It will act at the gateway for all of the currency exchanges. So, if you have dollars, Bitcoins, rubles or Ethereum you can buy and sell stocks on the Moscow Exchange eventually.
All nice and legal. All above-board.
Evil Putin is looking for pension-fund investors seeing Russian bonds trading above 7% and he just gave fund managers a way to come in through the crypto-back door.
Don’t think for a second that Putin doesn’t like Bitcoin as a means to attract investor capital. This is what Russian Miner Coin is all about. He just wants it to be regulated so it can ensure the public sphere is maximized.
The Fight for Capital in Flight
Capital will always flow to where it is treated best.
Given the tenuous situation in the global financial and p0litical systems, Russia’s stable government is an asset. What investors need is the confidence of being able to get their money out after putting it back in.
The scheme for the crypto-ruble is part of that confidence-building process.
I know now, as an American investor, I can, for example, invest in a Russian company’s stock or bond offering directly. I can get paid my dividends or coupons in crypto-rubles, immediately exchange them for bitcoins or whatever currency I want to use as I see fit.
Oh, and if I never convert them back to dollars, I can put off paying taxes until I do.
That’s not really possible now, especially with sanctions. If it is possible, it’s expensive and a major hassle. Putin is a smart man with an excellent team around him. Moves like this are made in response to aggressive moves made by the U.S. to starve his country of capital, i.e. John McCain’s sanctions.
He and his team understand that providing a platform by which capital can enter Russia that is barred through normal means now is key to surviving the next couple of years. It’s not his responsibility to monitor what U.S. investors do, only that they comply with Russian law.
First-mover advantage is important here. If Russia continues to develop blockchain technology and embrace it in a relatively tax-free way, it won’t matter that it is ‘regulating’ the beautiful decentralized market of cryptos.
What will matter is that Russia treats its crypto-investors better than everyone else. In the fight for global capital flows, you don’t have to be perfect, you just have to be slightly better than everyone else. Arbitrage will take care of the rest.
And tax-free ruble/crypto exchange is the killer app that the crypto-market has been looking for to take it to the next level.
Russia got there first.
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Well, if you actually wanted to, you could visit and see for yourself.
Nah man... i know we need to wait... just start some advertise for MGO...you have 200milion $! You can pay bsnners on all big media as coindesk,cointelegraf,newsbtc,coinmarketcap,worldcoinindex etc as you advertise when you advertise ico to getcus to invest 😜 Advertising only makes sense when there is a finished product / project to advertise for. Just advertising for MobileGo without anything to show for yet doesn't make sense and would be just like burning money. I'll wait for the news, something good is boiling, I can feel it Btw they hold over 200 milion $! Come on.. you not understand what mean good marketing btw🤷🏻♂️ They can show some respect to all who invest in mgo project and make mgo token not look as dead project! Maybe you can become their community manager and advisor. You seem to know a lot of marketing and promoting. |
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Well, if you actually wanted to, you could visit and see for yourself.
Nah man... i know we need to wait... just start some advertise for MGO...you have 200milion $! You can pay bsnners on all big media as coindesk,cointelegraf,newsbtc,coinmarketcap,worldcoinindex etc as you advertise when you advertise ico to getcus to invest 😜 Advertising only makes sense when there is a finished product / project to advertise for. Just advertising for MobileGo without anything to show for yet doesn't make sense and would be just like burning money. I'll wait for the news, something good is boiling, I can feel it |
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Question:
What is the benefit of automatically turning people's pivx into zpiv? What about if some of them don't want to do that? What about the fees? Why do it automatically, shouldn't the end user be the one who decides to turn it on for themselves?
Should I close my wallet? I am way from my wallet and I know it is converting into zpiv, my worry is that it might be lost and not recovered even though devs said not to worry and it might just decide to convert my whole balance into zpiv.
I'm not sure but I think it's because the zPIV are needed for the mixing of coins, so there has to be a minimal amount of zPIV to create extra anonymity. I didn't lose a single PIV / zPIV. At first I missed around 3000 but they returned after 6 hours of leaving the wallet open. |
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It seems I have now ~5000 zPIV and ~5000 PIV  I'll wait for the update but I don't think there's a problem with having zPIV anyway? |
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Yep, what I was talking about earlier In current state, Ethereum couldn't handle that amount of transactions anyway. Waves already has NG on testnet, should soon be at least a hundred times faster than ETH. |
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the other curious thing (wrote about it in another thread), am i correct in thinking anyone can create a token in waves including using the same name as already existing token in waves platform  seems a recipe for disaster/fraud no? For sure you can, it happens all the time. But it won't be verified, so the name won't show up in DEX when you search for trading pairs. |
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I still didn't understand what you have to do to buy yourself an alias for your Waves address, and how you could use it then exactly.
Creating an alias is quite easy. In your Waves Lite client, click on the "user profile" button, it's next to the "log out" button in the upper right corner. Once you create one or more aliases, you can then receive coins on your alias instead of your Waves address. To send me Waves or Waves tokens, you can send them to "turing" instead of "3P874i7zwUFWBhkMGpGxv4t5gGgrqWg5pkK". i created the alias "kelsey" (waves 3PPkuMoPH83mhHPv52VdpJXxW74RsTxHppe) yet when i try and get anything sent to kelsey it says not a valid waves addy Did you try to send from another Waves Lite wallet? Or from an exchange? I don't think exchanges have implemented aliases yet, they expect a "valid waves address". |
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Still in the rocket.
You obviously have no idea in what you are investing in than. Can anyone please kindly advise me if I should use WAVE or Ethereum address to recieve MGO tokens? What are the pros and cons? Thank you.
@Jack Kuveke
May I join the signature bounty please? Thanks.
Obviously the same as you did. |
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I had gathered picture/video proofs that the mobilego team is using the ICO funds for luxury vacations.
I am currently compounding all of these proofs, will post them shortly.
I have gathered proof that the MobileGO team is using the ICO funds to buy a rocket for a moontrip. I'll post it shortly. Who are the MGO team members than? Still in the rocket. |
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I had gathered picture/video proofs that the mobilego team is using the ICO funds for luxury vacations.
I am currently compounding all of these proofs, will post them shortly.
I have gathered proof that the MobileGO team is using the ICO funds to buy a rocket for a moontrip. I'll post it shortly. |
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Which one is better?
Lisk, Stratis, Ark, Rise.
This is the Lisk topic, what answer do you expect? |
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I still didn't understand what you have to do to buy yourself an alias for your Waves address, and how you could use it then exactly.
Creating an alias is quite easy. In your Waves Lite client, click on the "user profile" button, it's next to the "log out" button in the upper right corner. Once you create one or more aliases, you can then receive coins on your alias instead of your Waves address. To send me Waves or Waves tokens, you can send them to "turing" instead of "3P874i7zwUFWBhkMGpGxv4t5gGgrqWg5pkK". |
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Source: http://www.aif.ru/money/economy/rossiya_vypustit_sobstvennuyu_kriptovalyutu_ministr_svyaziTranslated from Russian source: Russia will issue its own crypto currency - the minister of communications
Cryptor will have its own features
Moscow, October 14 - AIF-Moscow.
Russia will issue its own crypto currency, the cryptoruble. This decision was made by the Russian president, Nikolai Nikiforov, Minister of Communications and Mass Communications, said at a closed meeting with members of the Moscow Capital Club.
Nikiforov referred to the text of the government's decree with all the regulations. "I so confidently declare that we will launch a cryptor for one simple reason: if we do not, then in 2 months our neighbors in the Eurasian Economic Community will do it," the minister said.
In his opinion, the cryptoruble will be made quickly. For the efficiency of the cryptor, it is planned to streamline the payment of personal income tax. So, if the owner can not explain the reason for the appearance of his cryptorubles, when translating them into Russian rubles, the tax for him will be 13% of the total. When buying and selling a cryptoruble, the amount will be 13% from the earned difference. All these issues have yet to be discussed, said Nikiforov.
The minister explained that the creation of a cryptoruble would not equal the legalization of bitcoin and other crypto-currencies. Russia's crypto currency should use Russian cryptography, the minister said. In addition, the cryptor will not be able to "mine". Nikiforov explained that most likely, it will be a closed model with a certain volume of regulated emissions. Interesting. Thanks a lot for all your informations. And...Waves has something to say here??? Do you know something more? This could be really HUGE. Cheers. Don't get your hopes up too high I think Waves would be an excellent platform if they need it to be launched quickly and, especially with NG on testnet, ready to handle thousands of transactions per minutes. But for now, I have no proof if Waves is involved in any way. Even if it was, I guess the people involved would have to sign an NDA. So for now, it's just "news". |
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Java has nothing to do with Lisk.
My bad, Java < - > JavaScript mix-up again. |
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Source: http://www.aif.ru/money/economy/rossiya_vypustit_sobstvennuyu_kriptovalyutu_ministr_svyaziTranslated from Russian source: Russia will issue its own crypto currency - the minister of communications
Cryptor will have its own features
Moscow, October 14 - AIF-Moscow.
Russia will issue its own crypto currency, the cryptoruble. This decision was made by the Russian president, Nikolai Nikiforov, Minister of Communications and Mass Communications, said at a closed meeting with members of the Moscow Capital Club.
Nikiforov referred to the text of the government's decree with all the regulations. "I so confidently declare that we will launch a cryptor for one simple reason: if we do not, then in 2 months our neighbors in the Eurasian Economic Community will do it," the minister said.
In his opinion, the cryptoruble will be made quickly. For the efficiency of the cryptor, it is planned to streamline the payment of personal income tax. So, if the owner can not explain the reason for the appearance of his cryptorubles, when translating them into Russian rubles, the tax for him will be 13% of the total. When buying and selling a cryptoruble, the amount will be 13% from the earned difference. All these issues have yet to be discussed, said Nikiforov.
The minister explained that the creation of a cryptoruble would not equal the legalization of bitcoin and other crypto-currencies. Russia's crypto currency should use Russian cryptography, the minister said. In addition, the cryptor will not be able to "mine". Nikiforov explained that most likely, it will be a closed model with a certain volume of regulated emissions.
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Why waves assets are difficult to list in large exchanges? Like starta, my starta is stuck, and no decent exchanges list it, the price dooms. Bad waves platform.
Yes, because of your bad investment the platform is bad. Look for the problem yourself, be a little self-critical. This calls anyway a question I've had for a while: are there waves' tokens listed on any major exchange? If not, is there any technical reason for that? No technical reason. Bittrex for example has Incent. |
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lmao how much is Jack paying you to be his white knight. just imagine if he was willing to put that shill $$$ towards his investors instead of your pathetic broke lackey ass. RIP MGO
You seem to have some kind of issue with Jack, you now have 6 pages of post history to proof it. |
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