I wholeheartedly agree, the sooner they lay the ground work down, the sooner we can end this bear market. I'm not 100% sure if it's the lack of regulatory clarity that's actually keeping the market in decline, but I know it must play a vital role. I think investors have pulled out and shorted their shares due to the uncertainty. I also think that they could pass an ETF if the manipulation of the market stops. Institutional investors would cause quite an influx in the market volume, inevitably giving the price a push. |
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Blockchain is a relatively new technology, yet already its uses continue to pile up, introducing more and more world-changing solutions. Additionally to many other real-life use cases, blockchain has been particularly valuable in supply chain management. Below are ten blockchain supply chain use cases that are increasing revenue and cutting costs for businesses around the globe. Abu Dhabi National Oil Company (ADNOC) and IBM Streamline Oil Companies: ADNOC and IBM
Project status: pilot program just completed; the blockchain is still in its early stages.
Sources: ADNOC, IBM, ADNOC press release United Arab Emirate’s state-owned oil company, Abu Dhabi National Oil Company (ADNOC) in collaboration with IBM successfully launched a blockchain supply chain system pilot program. The idea is to track oil from well to customers, while simultaneously automating transactions along the way. While still in its early stages, ADNOC hopes to eventually expand the chain to include customers and investors, making its business more transparent in the process. ADNOC produces about 3 million barrels of oil a day, and by fully implementing blockchain technology, they will be able to keep track of all oil produced, reducing the time and costs associated with shipping. De Beers Diamond Tracking Companies: De Beers
Project status: After completing a successful pilot, De Beers is currently working with other diamond producers, retailers, and banks to develop the best governance setup for the platform.
Sources:Tracr, De Beers press release Blood diamonds, or conflict diamonds, are those that have been mined under violent circumstances or in unsuitable conditions. They are heavily produced in Africa, and their sales are often used to fund various conflicts in the region. The world’s largest diamond producer, De Beers, has taken the steps to end the sale of blood diamonds by announcing its first successful blockchain supply chain program. Through its program, Tracr, De Beers was able to track 100 diamonds from mine to cutter and polisher, then finally to jeweler. Photos of a diamond’s progress can be uploaded to the blockchain, as well as information concerning its color, quality, and location. Tracr not only gives customers peace of mind, but if applied to all diamonds, could stop the production of blood diamonds altogether. Walmart, JD.com, Tsinghua University, and IBM’s Food Safety Alliance Companies:Walmart, JD.com, IBM, Tsinghua University
Project status:A pilot program was completed in 2017, and Walmart announced that it will require suppliers of its romaine and other leafy greens to upload their data to the blockchain by September 2019.
Sources: Walmart video presentation, IBM press release, Tsinghua University, JD.com, Forbes It seems like there is a new E.coli outbreak every year. As it takes time to locate the origin of an outbreak, many retailers are often forced to throw out their entire inventories of produce. These four entities hope to increase food transparency and shipment efficiency with blockchain technology. The efforts are divided into two sections: Walmart and JD.com handle production and shipment of produce, while IBM and Tsinghua University handle the research and maintaining the blockchain. Unilever, Kroger, Nestle, and Tyson Foods all plan to collaborate as the project advances, with more food corporations to join along the way. Get More Useful Info HERE With a public and transparent ledger, it makes it much harder to cook the books behind closed doors. With more adoption of transparency, it puts trust back into the hands the company thru the views of the common people. Imagine of a fast-food chain made all of its transactions on a blockchain? Everyone could see how much profit from sales were really made. |
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Blockchain is at the cusp of financial innovations, the transparency of the publicly distributed ledger propels us forward as a society. It would be insane not to at least consider the possibilities of Blockchain technology. If the U.S and other big countries adopt it, I'm sure then that other nations won't want to be left behind. This sector is after all, still within its infancy. We've only just begun to regulate it and if the market is to ever possibly recover, more regulatory proposals are needed. Just my two cents! |
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I sincerely think that there isn't enough crypto related projects for the family. Here is one that aims to bring families closer together. There is a great project by the name of URAllowance that says it strives to bring smart contracts to the family, which will help empower the family unit, by providing an ease of use interface into cryptocurrency use. Things like allowances and chores could easily be smart contracted, which leaves the incentivizing up to the imagination of the family. Once a required task is complete, the smart contract releases the funds to the family member whom completed it. It seems like a simple yet brilliant idea that could really work. You can check it out below. https://urallowance.com |
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So apparently without voter knowledge or consent Washington passed some trading bill or law governing Bitcoin (and altcoin) in some way. I asked my mom to send me the link but I don't have it yet, it was at a site, Geek something or other and it had a link to the bill.
Hoping someone here could link to this bill, translate it to plain English and explain its ramifications to us Washington, USA residents. I would greatly appreciate this!
My goal on all of this is to avoid government tracking and taxation of Bitcoin. If I have to break the law, so be it. But I would rather circumvent it or bend it if at all possible. I refuse to let Uncle Sam into my virtual pockets! And as far as I am concerned, tracking what I use Bitcoin for requires a search warrant, I don't care what the law says!
So if you can help me understand how I can accomplish these goals with whatever rules they have in place in my country and state I would, once again, appreciate it.
Disclaimer: "I am not an expert or financial advisor. Please seek advice from a legally compliant local professional.
I'm simply here to give my two cents (opinion) on crypto related discussions."It sounds like your asking people to incriminate themselves here in this thread. The choice is yours, whether you intend to fight the establishment or what not, but I reccomend you rethink your reproach. Before making any rash decisions, you might better have a look at this. https://www.coindesk.com/us-congressmen-introduce-two-bills-to-prevent-crypto-price-manipulationFor now it is just a proposal for the bill. If your patient, you might not have to stress over many crypto activities. Though it is not a guarantee, it does establish hope, especially during these times of despair. This bill provides proof that the government and its representatives "are" taking foward action to work with the public within this relatively new innovative sector. |
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" Billionaire fortunes increased by 12 percent last year – or $2.5 billion a day - while the 3.8 billion people who make up the poorest half of humanity saw their wealth decline by 11 percent "  " the number of billionaires has almost doubled since the financial crisis, with a new billionaire created every two days between 2017 and 2018 " " Tax rates for wealthy individuals and corporations have also been cut dramatically. For example, the top rate of personal income tax in rich countries fell from 62 percent in 1970 to just 38 percent in 2013. The average rate in poor countries is just 28 percent. " ~ Average daily wage of workers in Africa = $5-50 per day! <South of the Sahara> ~ Money being hidden in offshore accounts = $7.6 Trillion. Source : https://www.oxfam.org report. How can Bitcoin help to reduce the global economic inequality? Please discuss possible solutions.  I was thinking of a few small contributions that Bitcoin can add, to help with this problem. 1. Cheap cross border micro payments for micro tasks. (Global tipping services) 2. Cheaper remittance services. (People working in 1st world countries, who wants to send money home to their families) 3. Lower global interest on loans. (Individual funded loans that compete with Banks) 4. New job opportunities (Crypto currency and Blockchain relat ed) 5. New investment opportunities & tools for non-professional traders. <Less fees and no barrier to entry> 6. Hoarding will stimulate a increased saving culture. 7. A hedge against Hyperinflation. <Protect your wealth from your countries/governments bad decisions> Please add more to this list.  I don't think Bitcoin itself would work, but I think that there are many alternate cryptos currencies that would be a perfect medium for experimenting with a universal basic income implementation. Maybe they could start off within a small city or country, then if it is successful, they can easily scale it to any requisite accommodations. I like the hoarding aspect a lot, it adds a new spin on proof of stake. Everyday people can be taught how to earn while they learn. It would take a massive amount of planning though! |
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In today's market, with the current dismal state of financial affairs, like the U.S government shutdown, the sky is the limit for crypto currency. At the same time, don't be fooled by any speculation you may see or hear, as Edgar Allan Poe said it best, "Believe half of what you see and nothing of what you hear". Just take a look at the current bear market, it must be down for some reason, no? The only reason why Bitcoin went as high as it did, was because the influx of money pouring into the market, plus major manipulation from the whalers. The bubble burst because it was artificially inflated, not being a true reflection of what it actually represented. Many jumped on the hype train, thinking it would moon, and ended up losing a lot. |
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I'm not going to lie, I didn't know a damn thing! I had thought it was the new E-Gold, so I check out Mt. Gox and seen what I thought was a stock exchange happening. Boy was I wrong, I even considered purchasing when they were $10 but, I was young and stupid, still in school. My brother had told me, you will always lose money chasing women, but will never lose women while chasing money. It would be several years before his statement really clicked. Two or so years pass, and bam, the next time I take a gander, the price was $100 or so. Man I was pissed  . Eventual an American exchange called Coinbase would come along, by that time, It was inching closer to $500-$600 So I decided to join the forum. I didn't post most, just lurked around as a newbie. I still remeber when everyone was talking about Etheruem was coming, and I still didn't invest. Learned a valuable lesson though, your're window of opportunity is usually a small one, which will close unexpectedly. |
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I am sure Satoshi Nakamoto is a human, he has created bitcoin to offer a simple use of money, a transaction system that can be used anytime, anywhere without the help of third parties and he has succeeded in making it happen.
What if Satoshi isn't a single person, but a cipher? I'm not one for conspiracy, but there's a good chance Satoshi is a group of like minded individuals whom all shared a great idea. Or, if you believe in the silly conspiracy that satoshi is a self conscious quantum computer who escaped from the future. There is no spoon  . Think about it, all that code, by just one individual though? Possible, however, not logical. |
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Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
This question is too broad, I'm not sure I understand it well enough. I think a job is a job, but I think crypto would make an excellent supplemental payment option. You can most certainly allocate a few dollars out of your paycheck to recieve crypto instead of fiat. There are already many services that do this, Bitpay and Bitwage both come to mind. I think crypto is already legal to a certain extent, at least within the U.S. Bitcoin is seen as a property, at least around tax time. To be honest, this is most likely why the markets are down, because you can't be 100% sure what crypto is seen as legally. For example, the SEC see's some crypto as securities, not property. You see the dilemma here? There are way too many gray areas to be exact. |
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It is possible to live off of cryptocurrency, but it would severely limit you in every way, plus you would probably have to live within a 1st world country to pull it off, or be incredible resourceful and disciplined.
You would be limited to using vendors whom hopefully accept Bitcoin. This alone will narrow your selection for purchases, unless your ready to give up a countless number of material things. Hell, it's like living off the grid, in some ways.
Making money with crypto is easy enough, but living off it is what is what makes it really tough, it for the feint at heart.
I think the government and banks know this, hence why it is legal, because it only supplements the current financial system. Unless your a die hard crypto anarchist, it is possible, it not very feasible.
Just my two cents!
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I have 5k and i want to invest in Ethereum. But i read that Ethereum 2.0 will come soon.
Would you invest the 5k tomorrow in Ethereum or wait for Ethereum 2.0?
Disclaimer: I am not a financial advisor, expert or professional, so please take any advice I give, with a grain of salt, as it is only of my personal opinion.It is a really tough call because Constantinople has been delayed for another month, due to the security bugs they've found. Whether you decide to invest now or not, is subjective upon whatever reasons you might have for investing in the first place. Many people are motivated by different things. Are you investing to hold, or to make a quick turnaround? Remember, whatever is good for a goose, isn't necessarily good for the gander, you know? Personally, myself would probably invest a little before the update, especially if they're really going to add proof of stake to the new model (I'm not entirely sure). The way I see it, my main goal personally, would be to invest when the market is at what might be considered a very low point. if you invest later, and the price of Ethereum skyrockets, dues to its a major upgrade, you'll be angry with you're self for missing out. |
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Exclusive: US Congress members to submit major pro-cryptocurrency bill - early support coming from both parties...
I have now confirmed that the Token Taxonomy Act is on the verge of being introduced in the House, where it will soon begin the process of becoming law. The bill's original authors, Congressmen Warren Davidson (Republican, Ohio) along with Darren Soto (Democrat, Florida) are working together to give it a bipartisan introduction.
This is old news. The bill was introduced December 20th, over a month ago. I'm not sure how good its prospects are -- neither Congressman is very influential. But the spirit of the bill is definitely pro-cryptocurrency and in favor of more lax regulations. They want to exempt cryptocurrencies and tokens from the Securities Act and make a $600 de minimis tax exemption for gains realized by spending coins. They also want to establish like-kind exchange tax exemptions for cryptocurrencies, which would mean altcoin trading won't trigger taxable events. This is the summary: To amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to exclude digital tokens from the definition of a security, to direct the Securities and Exchange Commission to enact certain regulatory changes regarding digital units secured through public key cryptography, to adjust taxation of virtual currencies held in individual retirement accounts, to create a tax exemption for exchanges of one virtual currency for another, to create a de minimis exemption from taxation for gains realized from the sale or exchange of virtual currency for other than cash, and for other purposes. Thank you for clarifying this for me, as I have been reading up on these two bills, but I didn't truly understand exactly how far-reaching it's implications would be. It does sound very pro-crypto. If neither the two pass, I'm sure another revamped revision of the act will be created to address whatever isn't found approvable. |
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I see a lot of news regarding criminals who use the cryptocurrencies to hide their identities from authorities. There is also a ton of other evil things connected with crypto, such as hidden miners, fake exchanges etc.
Personally, I am very excited about the underlying bitcoin technology (science and tech are my favorite domains). However, what do you think, will Bitcoin (or other coins) do more good than harm for humanity in the future?
I am very excited about this innovative technology and opportunity as well, even if Bitcoin itself plummets, Blockchain itself has really changed the world, because, the current pace and trajectory we're heading with our technology, transparency will most likely end up being a normal occurrence in everyday society. The fact that you can remain pseudo-anonymous, yet still have transactions on the chain public, really disrupts the current financial tech industry. In a way, the blockchain kind of forces many industry hands to adopt this new innovation, as the old style of bookkeeping becomes more and more obsolete, eventually doomed to fall by the wayside. Whenever there is a new innovation, you can be sure there are those who might see it used for criminal purposes, naturally this comes with the territory  . Overall, the future looks pretty bright for Blockchain tech, but I really can't say what the future holds for Bitcoin.  Just my two cents! |
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You mean to tell me a woman's role isn't to bring me my beer and a sandwich?  Go figure... (jokes) All jokes aside, I think women are here to help with procreation, it is the only reason we probably put up with the selfishness and headaches. According to "Logans Run", the womb will be replaced by an exterior artificial substitute, thus resulting in better manageable births. In fact, they will probably advertise it as a new way for a woman to keep their girlish figure. What women wouldn't want that lol? With the rate that A.I is accelerating, we'll all (Man, Woman, Whatever gender) will probably be screwing Lovebots anyway. 
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God: "Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an anomaly, which despite my sincerest efforts I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control, which has led you, inexorably, here."
Me: "Well, I guess I'll just stay here then, Womp Womp!"
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Is this official bounty thread? I have already seen other thread? Which is official?
Your right brother. I believe that this is the third Grabity bounty campaign thread that I have seen. I could have sworn I 've seen one last year, a few months ago. Can anyone answer why, please? |
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Does anyone in here know how to sell Yummyisland tokens? I have about 46. Is there a market for them yet?
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Who run Barter Town? |
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