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601  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchanges that conduct IEOS You should stay away from ? on: November 04, 2019, 02:47:42 AM
1: 90% of the projects the marketed failed to reach softcap.
2; most projects been marketed are still Scam and have nothing to offer.
3; they never review any of these project but rather charge fees for IEO listing.( once, you make your payment, you are allow to conduct your sales on their platform) a sure way of damaging their reputation.
4: they list multiple projects at once making it difficult for investors to make their own review and choose a quality project.
Please drop yours if you have any.
Latoken mostly offers its platform, as purely a platform. They don't help with sales, rarely change details and definitely don't do any extra marketing, unless you pay them a shit ton more.

It really depends on what you are looking for, if your purely greed-based, you can look at some of the pumped IEO's to profit off them, they are usually great for making money (exchange will literally set buy walls and a small part of the tokens will be bought back to pump the market.
602  Economy / Economics / Re: Fear of Facebook spurs Federal Reserve to build its own digital currency on: November 04, 2019, 01:29:25 AM
Maybe they are afraid of competing with Facebook, where Facebook innovations have emerged first and the lives of their projects will be empflated.
The government feared if the Fiat would be shaken and people would be more interested in that Facebook currency. The value of the cryptocurrency is no tax and it is better to invest.
Perhaps the government is making their currency only for their political interests so that the payment of transactions is able to compete with other private parties.

no , of course that not, they don't affraid fight agaisnt libra/facebook they just affraid about losing control about their own money.
If the Fed does not stay ahead of this rapidly maturing technology, I fear private sector efforts to eclipse fiat monetary systems will get ahead of them, with potential disruptions to our banking system and in a worst case scenario, loss of control of our own currency.
and they will collapse from what they create before.
and also what u mean no tax ?
many many developed countries already make taxes for cryptocurrency.
I don't think they were afraid of it taking over the regular currency they use, BTC is way bigger and that isn't getting restricted that much (mostly the banks banning people from buying btc).

I reckon it's more about their image, and they don't want a company like Facebook to take over the finance systems since it doesn't have the best track record.
603  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Solve Chinese Banking, Household Debt Woes? on: November 04, 2019, 12:43:10 AM
Not sure if it will be a suitable solution, to be honest, there's been a lot of theories that bitcoin would be able to solve a lot of issues, but it seems too optimistic to be honest.

Debt just simply stems from an issue that isn't solved by bettering the financial system, even if we did an overhaul.

I'm honestly getting annoyed at all of these proposals that are being shown to us, how BTC would solve this, etc, etc.
604  Bitcoin / Bitcoin Discussion / Re: Fundstrat’s Tom Lee: 99% of USD is Speculative, Why Discredit Bitcoin? on: November 03, 2019, 11:17:43 PM
Bitcoin critics say that the cryptocurrency should never be regarded as a means of exchange because it’s mostly used for speculation. Fundstrat’s Thomas Lee disagrees with this statement, saying that most of the US dollars are used for speculation as well.

https://bitcoinist.com/fundstrats-tom-lee-99-of-usd-is-speculative-why-discredit-bitcoin/
Isn't by going off his logic, everything is basically speculative? Even buying houses, cars, and holding money is all speculative since we will never actually know what is going to happen in the future.

I respect Tom Lee since he is one of those big investors that actually pays attention to crypto-currency and doesn't have a set in stone sort of mindset that a lot of the other corporate people usually have, and this is a great interview.
605  Economy / Economics / Re: Bitcoin demand in economically volatile countries surges on: November 03, 2019, 10:22:59 PM
Dont you guys think its kinda funny though for people in economically volatile countries to try to find stability using such a volatile currency like BTC?...At least if they convert it to tether or something.

Whats cooler to me is the fact that its a world currency and it can benefit people in countries where the value of their money is really low compared to the USD or EUR. People in less developed countries can work online for higher wages paid in crypto.
No. That's not the point of it. The reason why most of their economies are so volatile and unstable is mostly due to the poor governments, and the centralized systems they have.

They go to bitcoin because it isn't managed by a government, and while tether is controlled by the company behind it who organizes it, bitcoin is uncontrollable, and even if the prices are fairly volatile, it's better then the other stable coins and how they operate.
606  Bitcoin / Bitcoin Discussion / Re: There is a Race For an Internet-Native Currency, and Bitcoin is Leading It. on: November 03, 2019, 09:47:18 PM
I'm not sure internet native is the best word usage here. I would say it's a race to find the best, most anonymous most transparent and easiest to use currency for online payments.

I reckon the world would slowly turn into one with 2 payment methods, which make up the majority of transactions across the world. One for online purchases, like items from Amazon or buying in game currency for a game and the other one to be used in real life situations.

Anyway. If there was truly a race as described, Bitcoin would be winning it
I like the term internet native currency. Native means that the currency originates from the internet and internet is its natural environment. And this is true for all currencies mentioned in the article (bitcoin, Tether, Libra...)
Cash cannot be internet native currency, because you can only transfer it physically. Credit cards don't originate from the internet and the problem with PayPal is that it is not universally available because you needa bank account to open PayPal. Internet should be available to everyone.
Yep, a native internet currency would be one that would be soley used and one that was orginated from the internet, which doesn't include PayPal (since it's a real fiat currency), but could include Bitcoin (since it was made in the internet).

I agree, Bitcoin has come quite a long way, from a hovering above a few cents, to mooning and being worth almost $20,000 in less than 10 years from its original conception. I think Bitcoin receives the most support for now with Ethereum leading second in up to date development. However, I'm not sure how far Bitcoin will go, will they continue to update the source code when proof of work becomes completely obsolete? Will Bitcoin instead migrate to a different consensus algorithm, if it's even possible?
Bitcoin would be Bitcoin if it moved to a different alogorithim, since then that would be a different fork of it. It's stayed fairly stable and similar to it's old values throughout the years.
607  Bitcoin / Bitcoin Discussion / Re: Do you know any online bitcoin wallet that gives you a debit card? on: November 03, 2019, 09:11:20 PM
Hello, years ago I think I watched on Youtube a video of an Enterprise that give you a debit card to withdraw cash and pay online service in internet. Similar like Payoneer but in this case you can withdraw your money with your bitcoins funds.
Is there any service that works now in 3rd world countries? (I am in South america) Many thanks!

Maybe you are referring to bitcoin debit cards. Actually there are many bitcoin debit cards such as Bitnovo, bitstamp, bitpay, shift,Uquid, Wirex, Spectrocoin, Revolut and many more. But the problem is that its hard to find some debit card that is available in South America usually these debit cards can be used in USA and Europe.
It looks like if your living in South America, the best 2 options you have are Bitwala (which operate in South America, per their countries), and Wirex which also operates in those regions (although I haven't used them before so no idea how good they are).

BitPay is the as the best as others already mentioned.
Another alternative is Xapo.
Er, not really. Bitpay's payouts and fees are just really bad and I wouldn't recommend using them as a payment processor, or dealing with them at all, they released first but haven't really made any improvements in the last 5 or so years.
608  Other / Archival / Re: Selling ownership of crypto exchange website - $75 in BTC negotiable on: November 03, 2019, 08:36:25 PM
Damn your crypto exchange website must've sucked so hard for it to be only worth a measly $75. Was it made through Wix? Squarespace?
Think it's even worse than that. Look's like a shitty version of Weebly + some free exchange code you find with a quick google search. 75 dollars is really pushing it, it looks like an hour of work for me.

What the heck?! Most of the post above is just by saying to OP to move his fckn sale thread. Are you seriously that desperate to post for signature campaign?

----

Based on screenshot. Your exchange has a typical exchange design. Can you be more specific about your exchange feature such as what security are you using for your website and what is the tps (transaction per seconds) that your exchange can handle. 75$ is very bargain even though your exchange is really that sux.
That is where you are meant to move the thread to.. Likely digital goods would be the best section.

Damn your crypto exchange website must've sucked so hard for it to be only worth a measly $75. Was it made through Wix? Squarespace?

Hahahahahahaha.... wix ?? really!!! How can a cryptocurrency exchange platform be built on wix?  I think he didn't plan very well before setting up the exchange platform or he is just fed up of the whole  crypto space... 
The front end looks like it was made by one of those free website builders, and then he likely inserted some open source, cheap exchange code and changed the colors and look of it a bit.
609  Economy / Service Discussion / Re: Are you interested in having a prepaid card? on: November 03, 2019, 08:12:31 PM
I've found your exchange based in Estonia, and it looks decent, but just not enough market volume.

I'm also unable to find the fees that you charge your customers unless I sign up, and I'd rather prefer to not do that with a smaller exchange, it also says you have a pre-paid debit card with the following features available.
Quote
Order your EUR contactless VISA card anywhere in the EU/EEA
 Load your card instantly with any supported cryptocurrency
Spend your crypto for online and offline purchases and payments
Withdraw cash at any ATM in any currency anywhere in the world
Track all of your transactions easily from your Bitvalex account

This is all fine, and is usually what most other companies like Xapo and Wirex offer, so what makes this better? What even are your fees?
610  Economy / Scam Accusations / Re: Possible Scam Warning on: November 03, 2019, 07:44:33 PM
Well, first I think this should in Beginners and Help board, and please include screenshots images and the name of the scammer so that we are all aware. Well, I also experienced this and this is similar to the telegram that there is random unknown people sending me in a private message asking for exchange that he can't withdraw but when I was going to withdraw it ask for me to deposit first before I can proceed to the withdrawal process.
No, it shouldn't. OP is reporting a scam attempt, so it should be posted under the scam accusations sections, and he has already posted it with all the proof in the world, so he just needs to move it.

Good job reporting the scam OP, there are a bunch of these scams that advertise fake/scam products that require you to deposit first for a reward (happens with casinos, exchanges, etc). Good find.
611  Bitcoin / Press / Re: [2019-10-31] You Can Now Trade Binance Bitcoin Futures On Android App on: November 03, 2019, 12:14:13 PM
-Release in the Chinese market.
-Allowing US customers to use debit and credit cards to purchase certain crypto-currencies, even if there are huge fees.

And now this? All within the span of 2 weeks or so? I don't think I've ever seen this much news from Binance back when IEOs where getting big and Binance stepped into the market.

It's a small update, I doubt anyone is going to be trading Binance futures now since this update was made, more of an update to accessibility and just making things easier for customers, good job.
612  Bitcoin / Bitcoin Discussion / Re: More Debt, Buy Bitcoin on: November 03, 2019, 11:11:04 AM
Nowadays it is hard for humans to avoid debt, because debt is now considered normal. This is wrong in my opinion. The proof is that a person
with a lot of debt has a difficult life and the economy is ruined. Same thing with a country that has a lot of debt, its people life is difficult and
poor. Actually debt is not a financial or economic solution, but debt is a disaster. So from that now banks are becoming more advanced, because
they are increasingly creative in offering various types of loans with high interest. In the same cryptocurrency world, lots of trading capital comes
from debt, that's an unhealthy life. My advice is to avoid it whose name is debt or loan. Bitcoin can be a solution to pay debt but not instant, but in
the long run. Because getting profit from bitcoin needs to be processed.

Having debt has a good advantage as well as disadvantage, if you will learn about the secret of those who become successful, they took the risk for them to have and build their own business, as their monthly income cannot cover their monthly expenses, so what they did is they lend some money from lending services, start a small business, then little by little they made it bigger and bigger, so having debt is good if this is our purpose, but if will have debt just to buy a brand new cellphone just to please everyone and just to make look good and impress other people then it is not good.
Your terminology here is pretty incorrect. I would agree that having the option for loans and debt is a good idea, otherwise there would be no people in the world that would be able to afford a house.

Although, I would never say being in debt is a good idea, your opportunities are all restricted and you are forced to make decisions just to be able to pay the debt off quicker.

It is a huge issue, especially for the US, and does need to be addressed by the government ASAP.
613  Bitcoin / Bitcoin Discussion / Re: There is a Race For an Internet-Native Currency, and Bitcoin is Leading It. on: November 03, 2019, 10:24:03 AM
I'm not sure internet native is the best word usage here. I would say it's a race to find the best, most anonymous most transparent and easiest to use currency for online payments.

I reckon the world would slowly turn into one with 2 payment methods, which make up the majority of transactions across the world. One for online purchases, like items from Amazon or buying in game currency for a game and the other one to be used in real life situations.

Anyway. If there was truly a race as described, Bitcoin would be winning it
614  Bitcoin / Bitcoin Discussion / Re: South Korea discuss the possibility to give crypto a legal status on: November 03, 2019, 09:51:10 AM
This is old news. They have been planning this for quite some time. The government first announced that they will be ending the tax benefits for Bitcoin sometime during mid-2018. As a first step, they had made cryptocurrency exchanges ineligible for the income and corporate tax deductions, which are provided to small and medium-sized enterprises.
I thought they already legalized the market and all the exchanges are functioning as per the rules and regulation set by the government and they could spend bitcoin in stores.

This was a major blow to many of the exchanges. For example, Bithumb paid 27.2 billion won as corporate tax on its net profit of 250 billion won during 2017-18. Under new rules, they are liable to pay almost double that amount (close to 54 billion won). For the past several years, the finance minister (Hong Nam-ki) had adopted a hostile stance towards cryptocurrency and I don't expect it to change anytime soon.
Does the government having a hostile attitude and extra tax for the crypto exchanges or are they collecting the tax as per the normal standard in Korea, if they are only collecting the normal tax slab you cannot call it a hostile attitude as you cannot exempt one sector and collect the same tax from other sectors as it will create further issues.
No, the South Korean market was never fully legalized I remember. They gave ICO's and exchanges the chance to operate there and didn't ban them from running their companies, but it was always in a grey spot, and I am assuming that this move is going to tip them over the edge and make it fully legalised.

Not hostile at all to be honest. It was never fair for crypto businesses to get away with paying less tax and it might have been a good strategy because people where definitely more interested in running crypto companies since the government was more lenient on them, but now it's time to face reality and pay up to the government.
615  Bitcoin / Project Development / Re: Looking for Volunteer Writers on: November 03, 2019, 09:18:10 AM
Currently looking for volunteer writers for a cryptocurrency and stock news website, please comment if you're interested in volunteering.

you are planning to monetize the website for your own profits, right? but you want to build it on free labor? Roll Eyes

look at how low quality the crypto media already is---coinidol, btcmanager, CCN, etc, not to mention the even lower tiers. if that's what paying for articles nets for them, what do you expect to get for free?!

Website is new and not looking to spend my own money right now. Profit would go to writers.

If the website is new and you believe in it, you need to invest a little of your personal funds knowing that there is no way to know the amount of money realized from any website by the public unless what the website owner declares.

You can buy cheap 500 words articles at $1 each, you dont need to share your profits with anybody.
Agreed. If you are really serious about the whole thing, cutting down on your daily coffees and saving 500 dollars for the site is actually a decent sum of money and can definitely net you 100 or so high-quality articles.

You might also want to look into SEO optimization and actual paid advertising options, the crypto market has gotten so big it's almost impossible to get a project even if it is a decent one off the group without spending money on marketing.
616  Bitcoin / Project Development / Re: Unique Poker Client Help on: November 03, 2019, 08:43:36 AM
Love this idea. I was thinking about rewarding players with "XP" depending on how aggressive they were in a tournament. Raising, betting, winning a hand.. Which gives them XYZ (not sure yet)

I have to figure out the whole XP, Chests, Loot, Spells system
I think it'll be very interesting to see this - make it so the players are actually rewarded for being ballsy. XP and getting higher levels can just give you access to more loyalty rewards, betting bonuses, extra coins, daily promotions, entries into raffles, the list goes on. I'm just thinking of a rewards system that casinos and games give out and them combining the 2 for your project.

Here's the latest thing that just went live tonight:

"KING" Mode  http://prntscr.com/predis

The "King" which in this case I have created a Gnoll King so far, does the following:

The Gnoll King starts with 400% Extra Chips
The Gnoll King will create his own Last Longer Bet
There will be an INSTANT bounty for whoever knocks out the Gnoll King

Yes, we have Last Longer Betting build into our client.  http://prntscr.com/predxa  http://prntscr.com/pree01


Amazing mate, the art for the game is actually surprisingly good, I get WOW vibes of them, but it's like a more refined version of WOW characters and their design model, more modernistic.

What's the timeline you have in mind for this project of yours?
617  Bitcoin / Bitcoin Discussion / Re: More Debt, Buy Bitcoin on: November 03, 2019, 05:32:47 AM
When it comes to debt in the US economy, it's horrible. Here are some statistics off a quick google search, it's surpising how tight things are there.

Quote
On average, each household with a credit card carries $8,284 in credit card debt. Total U.S. consumer debt is at $13.51 trillion. The average American now has about $38,000 in personal debt, excluding home mortgages.

That's crazy, being in almost 40,000 worth of debt, without including other fees like mortgages is a lot of money, around a year of working for the average American after taxes.

Not sure if crypto is the answer to solving this complicated question though.
618  Bitcoin / Bitcoin Discussion / Re: Bakkt will partner with Starbucks for Bitcoin on: November 03, 2019, 04:13:54 AM
Weren't they sort of affiliated with Starbucks since it was announced though?

Anyway, while I don't think that much people using bitcoin to pay for Starbucks(probably only a small minority), this is obviously still a win in terms of adoption and public perception. As time goes, the criticism "you can pay X with bitcoin" slowly but surely fades away.
I believe so - after some digging of my own, it looks like they where in the talks about implementing a payment system for starbucks, long before today. Read - https://cointelegraph.com/news/coffee-for-bakkt-starbucks-equity-deal-will-see-crypto-based-payments-source-claims.

I agree, it would need to be a consumer that uses the Bakkt application, and it would also be someone who has a decent amount of cryptocurrency to spend, and wouldnt mind using it for a daily coffee, a small amount of people, but I think the win is more that big companies like Starbucks are taking note and leading ahead with the adoption.

Nowadays, we can use BTC on Amazon, in a couple months we can use it on coffees, and soon later we might be able to use it for everything!
619  Bitcoin / Bitcoin Discussion / Re: Bakkt will partner with Starbucks for Bitcoin on: November 03, 2019, 03:08:10 AM
Oh wow, it actually is pretty old news, been out for 2-3 days, and I haven't noticed it. I don't usually follow forbes and mainstream news, mostly Cointelegraph and Coindesk and I didn't see them do a piece on it.

I think this is going to become what Libra wasn't able to achieve. They have the same partners (I am talking about the size of the companies) and this time the governments actually don't hate them.

Let's check back on them next year and see what more they've done, this is going to be a slow process for sure.
620  Bitcoin / Bitcoin Discussion / Re: Am I the Only One Who Forget The Innovation of Bitcoin ? on: November 03, 2019, 02:40:16 AM
Hasn't this still been pretty true, even right now? Bitcoin was built to be a safe and transparent payment method that offered decent anoymity to the users (not XMR level though) and most of the statements make sense so far to this date.

I will say some aspects have changed though, mostly due to the big money that has come in and is still coming into Bitcoin, and how much adoption it's faced throughout the years, a lot of people's opinion on Bitcoin and crypto-currencies is that it's a method where they can make money, not a payment method, not a storage of value, just a quick way to get a couple bucks.
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