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61  Economy / Gambling / Re: New crypto poker project around the corner. on: December 27, 2017, 07:29:26 PM
Is World Series of Poker going ICO now?! That would be a great breakout for them. Hopefully they have a good system in place for players and a good manager, I don't want to see this effed up. Also, PMd you for more information.
62  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: ▰▰▰ ▰▰▰Are you lucky? Can you ROBB the Bitcoin Cash bank ▰▰▰ ▰▰▰ on: December 27, 2017, 07:26:01 PM
Nice site from the looks of it, sort of like Bitkong. Is there plans in the future to invest in the sites bankroll for those of that persuasion?
63  Economy / Marketplace / Re: This is a historic moment about the price of BTC in China on: December 27, 2017, 06:58:00 PM
So what is the "official" stance of the Chinese government in regards to Bitcoin and cryptocurrencies? Is it totally illegal in China? Or just the development of it? Since the majority of Bitcoin mining is in China how does that affect what the "official" stance is? Can Chinese use Bitcoin/cryptocurrencies in China or just hold it?

The information could go a long way to clarifying some issues with BTC in China and maybe help spur some interesting conversations/solutions.

As far as I know it's not completely illegal. But the thing is that the miners and exchangers have to be complied with very strict regulations and laws otherwise they can't run legitimate business and they probably have additional costs. At least that is my understanding of situation in China.
The bigest mining farms are still placed in China and I haven't heard information that they stoped mining or that they have moved elsewhere.

Thank you for the clarifications. With all the additional regulations, is it possible that the companies that could would move their operations to another location that is more amenable to them being there without the additional costs? Of course this would happen over a period of time as to not hamper their operations too much.

After most of the exchange closures in China, many miners were apparently preparing for the worst, with some plans to move to neighboring countries or very cold areas, such as Iceland. Currently I do not know why they are kept in China, but I suppose that China will not allow its miners to leave so easily from the country, knowing that they represent the highest percentage of bitcoin mining.

I figured that the miners would stay in China for the electricity from the Three Gorges Dam, I'm told it's pretty cheap in Sichuan. As long as the regulations aren't hindering too much they'll probably stay there. But I'm ignorant as to what regs are coming down from the Chinese government. It's a good theory that the Chinese government won't allow the miners to leave since the largest pools are pretty much there.
64  Economy / Goods / Re: Office/Warehouse for Bitcoin Miner on: December 26, 2017, 08:46:07 PM
What are the 23 units? Warehouses? Also, what are the specs for the investors? Prices that you are charging? How will they get their miners to you? What are your plans for hurricanes/flooding? Any other information would be helpful.
65  Bitcoin / Legal / Re: The SEC Crackdown on Suspicious Cryptocurrencies Is Getting Serious on: December 26, 2017, 08:40:31 PM
The US government, SEC and FINRA, are actually not being as heavy handed as they could be. They are also, in the same respect, not as knowledgeable as they could be in regards to putting out their rulings. Though they are trying to regulate moderately in an effort to stop the scammers from proliferating to US customers. Any company that wants to start and pander to US customers needs to have their ducks in a row before accepting US customers and be able to show they are above board. The SEC only got involved after the DAO hack anyway, which did fall loosely into their realm when it came to securities.

One thing for sure is that we could do away with the government and since the government is also playing a good role that can benefit all of us then I have no problem when these people are just doing their job. We need the government too implement regulations and laws with the aim of protecting innocent investors who can be exposed to scam artists as definitely scammers are now also partying in cryptocurrency. Right now, cryptocurrency is still in the Wild, Wild West stage but this should not last as many can be abusing such a set-up for their own personal gains. We need regulations as long as they are not actually killing the goose that lays the golden eggs.
We say that govt. must draft regulations for it. I do understand that such laws are great for the world of bitcoin but frankly speaking that the very boasted idea of P2P network is obviously under threat. P2P means its absolutely among two persons that how they choose and what they choose if we bring in this regulation then we are actually bringing a centralized system to cryptos too.

I think the regulation should be more on the companies that are coming out with the ICOs versus individual persons. There are several scammers out there and for newbies not knowing how to spot the difference it would help some people if the governments went after them. Or at least the threat would keep a lot of scammers away. P2P should remain just that without government interference when it's between two individuals.
66  Economy / Marketplace / Re: This is a historic moment about the price of BTC in China on: December 26, 2017, 05:58:33 PM
So what is the "official" stance of the Chinese government in regards to Bitcoin and cryptocurrencies? Is it totally illegal in China? Or just the development of it? Since the majority of Bitcoin mining is in China how does that affect what the "official" stance is? Can Chinese use Bitcoin/cryptocurrencies in China or just hold it?

The information could go a long way to clarifying some issues with BTC in China and maybe help spur some interesting conversations/solutions.

As far as I know it's not completely illegal. But the thing is that the miners and exchangers have to be complied with very strict regulations and laws otherwise they can't run legitimate business and they probably have additional costs. At least that is my understanding of situation in China.
The bigest mining farms are still placed in China and I haven't heard information that they stoped mining or that they have moved elsewhere.

Thank you for the clarifications. With all the additional regulations, is it possible that the companies that could would move their operations to another location that is more amenable to them being there without the additional costs? Of course this would happen over a period of time as to not hamper their operations too much.
67  Bitcoin / Legal / Re: The SEC Crackdown on Suspicious Cryptocurrencies Is Getting Serious on: December 26, 2017, 05:52:47 PM
The US government, SEC and FINRA, are actually not being as heavy handed as they could be. They are also, in the same respect, not as knowledgeable as they could be in regards to putting out their rulings. Though they are trying to regulate moderately in an effort to stop the scammers from proliferating to US customers. Any company that wants to start and pander to US customers needs to have their ducks in a row before accepting US customers and be able to show they are above board. The SEC only got involved after the DAO hack anyway, which did fall loosely into their realm when it came to securities.

One thing for sure is that we could do away with the government and since the government is also playing a good role that can benefit all of us then I have no problem when these people are just doing their job. We need the government too implement regulations and laws with the aim of protecting innocent investors who can be exposed to scam artists as definitely scammers are now also partying in cryptocurrency. Right now, cryptocurrency is still in the Wild, Wild West stage but this should not last as many can be abusing such a set-up for their own personal gains. We need regulations as long as they are not actually killing the goose that lays the golden eggs.

True, the government can get in the way sometimes. I'm hoping that they have a good advisor, or are at least open to knowledgeable persons giving advice. From what I've seen so far, most in the US government are for allowing cryptocurrencies to develop and grow. They seem to be going after those that are (or at least appear to be) scams. There are those in the government that are xenophobic towards cryptos as well. Thankfully, for now, they are a minority.
68  Economy / Goods / Re: Office/Warehouse for Bitcoin Miner on: December 26, 2017, 05:38:44 PM
I have an office/warehouse with 18,000 amp that is suitable for bitcoin miner. The unit size is 25ft by 70ft by 22ft tall. And I have 23 units. If you are interested, please contact me at 281-236-4405.


So where is this office/warehouse in Houston?  You have 23 miners?  Are you trying to build a mining farm in Houston? Some more details would be appreciated OP.
69  Bitcoin / Bitcoin Discussion / Re: Diploma Course at BNTU ..... The Trust & Value is Beginning on: December 26, 2017, 05:33:23 PM
It would help out true. The more countries that start to "legalize" cryptocurrencies the better, since it's going to be around anyway. The promotion, much less embracing, of cryptocurrencies would help other countries to adopt them as well. Though I could see a potential downside to this as well. That being after people take the ICO course at this university another wave of shit ICOs cropping up from that region. Hopefully the course would go over the downside of that trend happening.
70  Economy / Marketplace / Re: Any evangelists from Africa? Need to discuss/bounce ideas on hyperlocal lowcost on: December 25, 2017, 06:54:37 PM
Are you trying to get into the African market from somewhere else in the world? What country are you trying to start from? That could help you out in your development and then from there grow regionally, then the continent. Just saying you want to start your project in Africa is kinda broad.
71  Economy / Marketplace / Re: This is a historic moment about the price of BTC in China on: December 25, 2017, 06:52:26 PM
So what is the "official" stance of the Chinese government in regards to Bitcoin and cryptocurrencies? Is it totally illegal in China? Or just the development of it? Since the majority of Bitcoin mining is in China how does that affect what the "official" stance is? Can Chinese use Bitcoin/cryptocurrencies in China or just hold it?

The information could go a long way to clarifying some issues with BTC in China and maybe help spur some interesting conversations/solutions.
72  Other / Meta / Re: Notice to Theymos on: December 25, 2017, 06:31:17 PM
I agree, OP needs to work on his end and figure out what needs to be done. And quit paying the ransoms! As for the forum changes, isn't some of this supposed to happen with the new forum site? If it ever gets up and running that is.
73  Economy / Gambling discussion / Re: Best Place to Play Hold 'em Poker against Players for BTC? on: December 25, 2017, 06:10:50 PM
From the thread that was posted it appears that there is some question about nitrogen sports, don't know how accurate it is though. It also appears that Fortune Jack has some good PvP rooms for poker. Though, is there a site that "ranks" poker rooms somewhere out there in the wide world of the interwebs? That would probably help answer a lot of these same questions that float around.
74  Bitcoin / Press / Re: [2017-12-25] New Cryptocurrency Mining Bot Is Infesting Facebook Messenger on: December 25, 2017, 05:57:28 PM
I doubt that Facebook will come out with an announcement about it. It'll hurt their base. And as the bot isn't affecting the app itself, just the app in Chrome. So it's really affecting Google more than Facebook. I wonder if Google is doing anything about that.
75  Bitcoin / Legal / Re: The SEC Crackdown on Suspicious Cryptocurrencies Is Getting Serious on: December 25, 2017, 05:48:09 PM
The US government, SEC and FINRA, are actually not being as heavy handed as they could be. They are also, in the same respect, not as knowledgeable as they could be in regards to putting out their rulings. Though they are trying to regulate moderately in an effort to stop the scammers from proliferating to US customers. Any company that wants to start and pander to US customers needs to have their ducks in a row before accepting US customers and be able to show they are above board. The SEC only got involved after the DAO hack anyway, which did fall loosely into their realm when it came to securities.
76  Economy / Speculation / Re: WHAT HAPPENS IF BITCOIN POPS? on: December 25, 2017, 05:29:38 PM
Markets go in swings, all of them. Just how big the swing is depends on the market. Currencies do the same thing, even the dollar. Fiats go in swings on the pip level and that's how big players make money on the forex (foreign exchange) market when they play with 10k+ dollars for the market. The same is happening with cryptocurrencies, though with them being in the nascent stages their swings are much more dramatic. It has happened with any currency in history when they first come to being. Just stay with it, or hodl as they say, and buy the dips.  Grin Also, try asking newbie questions in the newbie section, or at least browse there first to see if your question has been asked before. It'll help the mods and admins here to cut down on the amount of posts to look at.
77  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoincash now is 3rd in CMC do you guys BCH can overtake bitcoin in future? on: December 25, 2017, 05:24:39 PM
Bitcoin Cash jumped up to #3 due to the difficulty for Bitcoin Cash lowered and all the miners jumped to that chain. That's one reason why the Bitcoin network was clogged up, along with the flood of transactions for the holidays. The miners jump back and forth to try to capitalize on their profits, to the detriment of both chains. Once its profitable to mine Bitcoin again they'll jump back onto Bitcoin chain and Bitcoin Cash will drop down again. Been a cycle since it started in August.
78  Bitcoin / Bitcoin Discussion / Re: Virus on blockchain on: December 25, 2017, 05:17:41 PM
You also have to take into consideration that you're only asking about miners. Most, if not all, of the miners are in pools and the pools are, more often than not, in large industrial mining facilities, for Bitcoin. So to have an attack, virus, on a miner you could, theoretically, take down an asic or two before the staff at these facilities figure out what's going on. But you won't take down the whole pool. Once they do, they'll get new asics and get rid of the infected ones. As for Bitcoins themselves, I don't see a virus infecting a Bitcoin and then distributing among the populace. But I could be wrong there. Undecided
79  Bitcoin / Bitcoin Discussion / Re: New sex toys will allow you to get an orgasm from fluctuations in the price of c on: December 24, 2017, 03:52:59 AM
Everybody is trying to get into cryptocurrencies, even sex toys. Funny. I wonder how many people will be buying these.
80  Bitcoin / Bitcoin Discussion / Re: 81% of BTC mining hashratre is concentrated in China . on: December 24, 2017, 03:50:58 AM
I think that if the Chinese government does something like banning mining in China then the network would take an initial hit, but then recover for the better. Break up the big bottleneck. I do believe that the issues that Bitcoin is facing today with transactions is due to the miners shifting to Bitcoin Cash mining instead of keeping the network up and running like they should be. That needs to change.
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