What can the American judge from New York do if Telegram's tokens were listed on exchanges located in China, Russia or North Korea hehehe. The judge is clearly overstepping his authority. In any case, support the TON community and their developers in their attempt to turn the plaform on! A New York judge has ruled that the injunction barring Telegram from issuing its Gram tokens extends to all entities in the United State and overseas.
On April 1, U.S. District Judge P. Kevin Castel, responded to the encrypted messaging firm’s request for clarification as to the scope of the court’s March 24 preliminary injunction. He denied Telegram’s move to distribute tokens to the non-US-based participants of its 2018 initial coin offering (ICO).
Approximately $1.27 billion of the funds raised to finance the development of the Telegram Open Network (TON) came from overseas-based investorsSource https://cointelegraph.com/news/new-york-judge-says-telegram-cant-distribute-grams-outside-us-either |
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Actually KYC is very important to catch up thief. At the same time it also problematic if any exchanges hacked and hacker also stolen the identity of all members. Finally what will have to do actually that is every online site or exchanges site must be more secure.
This is not only about the worry on theft, however. Many of the services are selling your private information to advertisers and other 3rd parties. I reckon some of those 3rd parties might be owned by big technological companies or the government to track you down and predict your every movement on the internet and the real world. Some day our world will become similar to the world of Westworld season 3 hehehehe. |
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It's funny that Binance, as always, finds the next marketing moves that would not only stay afloat, but also bypass its competitors in popularity.
Around the crisis, and the exchange is going to spend a huge amount on the purchase. It is interesting.
Yeah, you got it! Binance never stopped marketing, because this CMC dealing seems a marketing strategy! At the beginning of this month, I thought Binance is losing its popularity, most of the Binance chained coins was migrating into other chains, Binance DEX had shitty low volume! Then Binance came with many plans! Binance cloud, several National currency pair for trading, Leverage tradings and so on and now they acquiring the very well known Coinmatketcap! So, Binance again become a competitor less the number one crypto project! Finally, CMC has already acquired by binance and it's very interesting to see what will be going on with those crap exchange sites. CMC will not again show manipulated data https://www.binance.com/en/blog/421499824684900494/Binance-x-CoinMarketCap-Joining-Forces-to-Make-Crypto-More-Accessible-WorldwideGoodbye scam exchanges.  Well finally. It gets there. CMC is offered that much. Whoever owns its has gotta be richer by doing a crappy ranking site but when binance will take over it, its going to get better. Probably delisting all those exchanges that doesn't deserved to be there. At least we can now assume there is a light. Do you think there is also eyeing for coingecko?  The skeptical me thinks that Binance will delist some of those exchanges for a different type of reason hehehehe. In any case, I reckon Changpeng Zhao's best friend will be eyeing coingecko hehe. |
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@tyKiwanuka. If you were a sportsbook, what would be your odds on the withdrawal of the coronavirus quarantines in Italy after 1 month, 2 months, 3 months, 6 months and 1 year?
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It appears that the China men are beginning to become the kings of the cryptospace hehehe. Changpeng Zhao has also bought Dappreview, Trustwallet and Indian cryptocoin exchange WazirX. Also, his best friend Justin Sun of Tron has also bought Poloniex, Bittorrent and Steemit.
Are they manoeuvering their businesses together?
Its going to that direction already. Though its yet not confirm whether CZ had really acquired CMC, money wouldn't be the problem for the transaction to push. The Chinese are up to make themselves on top of crypto community whether we like it or not. They are know to have good reputation to building good products but it may also mean centralization at best. I disagree. The Chinese are known to only copy and imitate what the westerners are doing and make it a cheaper worse product. This is the reason why made in china also means low quality. |
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I support his classification of bitcoins as the people's money. However, the skeptical me is telling myself that he might have begun buying and might only use bitcoin as a speculative investment similar to the loudest influencers in the cryptospace.  Robert Kiyosaki, a bestselling author of popular financial literacy book, Rich Dad Poor Dad, is the latest to weigh in on the topic as he encouraged his followers on Twitter to save their money via Bitcoin instead of fiats currencies.
Kiyosaki who recently started a series of financial lessons on how people can stay free from a financial crisis made this known today while describing Bitcoin, the most valuable cryptocurrency as the “People’s money.” Read in full https://coinfomania.com/robert-kiyosaki-calls-bitcoin-peoples-money/ |
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I speculate that China might be lying about their reported cases of people that are sick of the coronavirus. The sick might be triple than the numbers reported and might be destroying all types of Chinese businesses including bitcoin mining. Vector Moranov, miner and member of the Bitcoin Foundation, noted to Cointelegraph that apart from a direct relationship between the BTC hash rate drop of March 2020 and the Bitcoin price, miners also have fears of an economic crisis that might happen due to the coronavirus pandemic.
A decrease in the hash rate could also be caused by a deficit of miners and the closure of farms and production in China, as well as the rise in the price of the equipment.Read in full https://cointelegraph.com/news/bitcoin-hash-rate-drop-miners-the-halving-and-coronavirus-suspected/ |
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It appears that the China men are beginning to become the kings of the cryptospace hehehe. Changpeng Zhao has also bought Dappreview, Trustwallet and Indian cryptocoin exchange WazirX. Also, his best friend Justin Sun of Tron has also bought Poloniex, Bittorrent and Steemit.
Are they manoeuvering their businesses together?
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Kyc is actually not bad for crypto as it helps in curbing fraudulent activities on the space. However it is always necessary for those asking for kyc documents to protect these docs in the best interest of their users to avoid these documents leaking to a third party.
However, exchanges are not doing it in the best interest of the user. They are doing it only to be compliant. Also, your private and personal information are not safe. They are usually sold to 3rd parties for profit as normal practice. They also might give them to a demanding government. Many exchangers allow withdrawals without KYC but are limited to a maximum withdrawal of 2btc. In my opinion, the exchanger must obey the government rules regarding KYC because there is a fear of money laundering and I think this is a good thing to increase public trust What would you do if the exchanges that do not require KYC with maximim withdrawals of 2 bitcoins changes their policy on you and lock your account and ask for KYC? Also, KYC does not appear to be increasing trust. KYC can also be used against you. We have already seen this. |
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I reckon that Grin holders should not wait for 100 years to witness the practicability and sustainability of Grin's monetary system. Bitcoin's next halvings will show us, beginning on the May halving hehehe.
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@bkbirge. What is this practical limit? It is similar to how Vitalik uses very complicated technical terms to confuse everyone and make it appear that he created a magical platform that will solve all the problems in the cryptospace.
However, there are some people who are seeing through these false claims.
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Observing $6623... and here's our finalists, with a pretty good chance to win: I predict a final pump on the final day of the final hour of this competition to exact 6835 hehehe. Thank you. |
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It appears that Conor might be correct hehehe. Also, Dana should stop fighting the situation and create a new storyboard when this crisis is finished, I reckon. |
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However, did he predict what was about to occur by using technical analysis? This can be an argument because the changes on the price of bitcoin is a representation of the psychology of the market herd.
We all know that technical analysis can work in markets with very high capitalization. The cryptocurrency market has very low capitalization and therefore very large price fluctuations, which means that technical analysis does not work here. Such predictions are mainly based on analyzing upcoming events and observing moods. Someone will always be able to predict the price, but I have not yet seen it succeed in the same person twice in a row. What is the connection, who said that and is there proof that technical analysis does not work on bitcoin? Also, if that was true then where did Tone Vay's prediction of $4k come from? |
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@Harlot. However, our attitude towards KYC should always to be careful. Many users are very open to upload personal documents to cryptocoin exchanges which many are not regulated. This attitude should not be.
@squatter. QuadrigaCX might be a part of a Canadian tax evasion syndicate hehehehe.
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This is what the project developers should do! Our cryptospace should not be taken down on the urge of people behind government. Let us support the TON community and their developers in their attempt. Developers of the TON blockchain are still considering deployment, despite injunctive ruling by the U.S. court.
Fedor Skuratov, a spokesperson for TON Community Foundation, a community of TON developers, told Cointelegraph that the recent unfavorable decisions by the U.S. court did not catch them by surprise:
“The community was ready for this (or another) scenario. We have several options, including the launch of TON by TCF [TON Community Foundation]. I will say more, no one (no one) can prevent the launch of TON by any other entity, person or community, cause TON is a decentralized open-source solution. Already, there are two different test networks, and within the community, there is at least one group planning to launch.”Read in full https://cointelegraph.com/news/ton-community-no-one-can-prevent-the-launch-of-ton |
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However, did he predict what was about to occur by using technical analysis? This can be an argument because the changes on the price of bitcoin is a representation of the psychology of the market herd.
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As per CoinDesk, this dip was caused as a result of mass dumping of cryptocurrency by PlusToken scammers. They have dumped at least $120 million worth of cryptocurrency during the last few days. And that was the reason why the BTC exchange rates plummeted by more than $1,000 during the same period. And if you remember, the PlusToken scam involved cryptocurrency worth at least $3 billion. And this means that it will continue to have a major impact on the cryptocurrency exchange rates, in the foreseeable future.
The Plustoken scammers might have also been fearing the negative dumping effects of the coronavirus on bitcoin hehehehe. Did Coindesk tell what exchanges were used? Why were the accounts not locked? |
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I don't see this as a bad thing for the users of QuadrigaCX. The company is just giving already known information from this users to a different department and even if they have found something like discrepancies in their earnings I don't think they can be used against them. For one the money is earned from that exchange is already lost and two they can't use evidence or even they found out something new with that information as evidence against you as it is inadmissible in the court of law. So really what I'm seeing now is either they are delaying the case or they are just throwing trash to their taxing department which isn't really new on court cases.
This is the type of reaction that bring users in trouble, I reckon. It can and will be used against you. Also, whatever can go wrong, will go wrong. It will also not be the first time. |
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@BayAreaCoins. Agreed. However it is the business people behind this centralized project that made it a marketing scam. I reckon the developers of Ripple should hardfork to continue its development as a real open source project. Lawsuit Alleges Ripple CEO ‘Dumped’ 67,000,000 XRP for Cash and Other Cryptocurrency in 2017
According to the lawsuit, which alleges Ripple has sold XRP as an unregistered security since 2013, Garlinghouse publicly stated he was “very, very, very long” on XRP in 2017 while selling large portions of the crypto asset.
“Garlinghouse’s representation that he remained ‘very, very, very long XRP’ and was ‘on the HODL side’—holding XRP for long term gains—was false when made as throughout 2017 Garlinghouse sold millions of XRP on various cryptocurrency exchanges.Source https://dailyhodl.com/2020/03/27/lawsuit-alleges-ripple-ceo-dumped-67000000-xrp-for-cash-and-other-cryptocurrency-in-2017/ |
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