11. Regarding your opinion that you should not trust a company that used someone's photo: we do not consider it objectively and not applicable to our project. First: we analyze one photo. The answer was previously stated. Read above. Secondly: we did not call a special photographer to photograph the team on the same background and so on. We are all people and this is our desire, choose the photo on which we look best. Or are there any mandatory requirements for placing photos in the project? identity theft ? How would you feel if someone is using your personal picture and using it for whatever? What about if I edit a porn zoophile video and use your face then show the video to your friends, neighbors, etc, and to the whole www. and it will be in forever. Why do you think some people are working hard to manage their e-reputation and sometimes lawyers are used Did you ask the permission to someone to use the photos of other people Identity theft is the deliberate use of someone else's identity, usually as a method to gain a financial advantage or obtain credit and other benefits in the other person's name,[1][2] and perhaps to the other person's disadvantage or loss. The person whose identity has been assumed may suffer adverse consequences,[3] especially if they are held responsible for the perpetrator's actions
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You can't make the price reflecting the resources needed to mine or to support the network. How would you do it when we have a different electricity price worldwide, different machines and even machines with the same specs at a different price?
Also, the supply and demand aren't what you call "an old tradition" It's a natural result, check this example. Imagine you absolutely want to buy an Audi A6 Quattro (costing $25k) All have been sold and no more left. If I want to sell mine to you, do you think I will accept to sell it to you for $25k? Knowing I can sell it easily $30k and you will accept since you really want one. I will use the fact there isn't any Audi A6 to sell, to make an extra cash on your your back:P
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The problem with the UK comes from the FCA. However, OP can take a look at Coinbase and CoinbasePro (AKA GDAX) because the company recently got the e-money license required (and it's something very hard to get there, hence not a lot of exchanges are able to provide their service) You can read about it here It aims almost instant transactions
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I used "satoshi" and "mBTC" years ago when I was using these damn faucet websites but at the end, your mind keeps to think in BTC (like if your brain is auto-converting it) It's years since I have used these words. At the same time, it makes you feel you have more BTC if you use BTC instead of mBTC (ie: I have xBTC and I have X mbtc). I think it's just a psychological thing (like an optical illusion), at least for me.
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Statistics don't lie and show true facts (usually). We are making the fish bigger than what it is in reality. It's a good article from the chairman of CME Group explaining why we are fooling ourselves. If we want to see cryptocurrency going mainstream people need to see the reality. Taking Ethereum as the example about 45% of transactions are non-economic activity but it's the same regarding Bitcoin After stripping out non-economic transactions, both Bitcoin and Ethereum appear a lot smaller than currently thought, based on reports from blockchain explorers and coin exchanges. Carter figures that the true economic transaction volume for Bitcoin is about $2 billion a day, and it’s $700 million for Ethereum -- about half the listed daily volume. Assuming Bitcoin daily volume of $2.3 billion, Morris said he believes that Bitcoin is currently trading within 10 percent of its fair price. https://www.bloomberg.com/news/articles/2018-07-26/up-to-two-thirds-of-bitcoin-transactions-have-no-economic-value
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You are fast to label a site such as Coinbase as a scam when the problem is just about a bug in their system. So far I don't know any exchange that didn't get at least 1 bug. On the top of that this company has no use to scam people, it's a money machine generating multiple million profits per year. It's one of the few exchanges you can be "safe" to deal with.
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What about using LocalBitcoin or a decentralized exchange? Basically, they could buy Bitcoin using wire transfer and then transfer the coins to your wallet. I don't know any other way, but something similar to consider is the websites like Indacoin & ChangeNow (but it will be via Visa/Mastercard). They purchase bitcoins and provide your BTC address. https://changenow.io/https://indacoin.com/
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Sorry to ask but I am confused by something. Firstly you say, you aren't looking for anyone for money and then say the shareholders bring the same capital to the start-up. Can you clear this up? Additionally what skills are you looking in particular? And how many guys will be working in? (approx.)
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If a day we see the Bitcoin value at $20,000 people will start to sell everything they own. Only the traders and the longtime Bitcoiners will continue to hold. And since the majority will be selling the price will drop in a short period of time. And the circle will continue, once at $20k again the same thing will happen. I think you can forget the $50k ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state. Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline. Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
What makes you think that gold and cryptos will be a safe heaven? What if all financial assets (digital and non-digital) are hit by the crysis and their prices crash? During the great depression there wasn't any safe heaven asset that will maintain a stable price. The big crysis will first hit countries like Italy,with their huge goverment debt and problematic banks. Italy alone can create the crisis The country is on the way to get like Greece. While they borrowed money from Europe, Europe doesn't have enough funds to save Italy. It could destroy the European Union (economically I mean). If it happens I am sure we will some Brexit forks. When everything is going well everyone is dancing but when a major problem comes they all leave the boat.
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Looks really like a scam, but no strong proofs, yet.
Just clarify an important moment, please: have they already started an ICO and gathered money?
A business using the image of someone is a crook and enough to not believe in their project. At least if it was me, I wouldn't look further. Also, I know it isn't an indicator but WTF their website! It's very ugly, it makes me think about a website design in the 90's, I can do better with Paint.
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Bunq likes to suspend your account if it feels you're not using your account as it should be. "As it should be" is an unknown definition for its users. See the experience of a user in this discussion, some posts above. As for N26, look like it has a double standard and suspends accounts randomly too. All of the EMIs will ask you your ID card or something else to comply with KYC
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43.9% more profit is huge for any bank. They surely don't regret their decision by now so perhaps they could share the word with their brothers. Saying this result it could attract more Swiss banks doing the same, even the big banks
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If it's backed by gold, what about the certificate and the storage (and the cost to store in the vault). It's going to make a centralized currency, ...again... it doesn't look something easy to create. Also just to remind you, the us dollar was backed by gold until 30 or 40 years ago
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DEXs will be a lot more used in 2 or 3 years. Currently, people don't see the advantages over the centralized ones or find difficult to use. There is the problem to trust as well to consider as people have more trust in centralized exchanges (tinking wrongly their coins/money is safe or insured) Since cryptocurrencies are decentralized currencies it makes sense to use decentralized exchanges, otherwise it's useless to use decentralized currencies
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Gold is not as volatile as much as Bitcoin is. If you think decentralization is what is attracting people to Bitcoin, you are just blind. Everyone can see for example where 90% of people here consider Bitcoin as an investment, and the same percentage maybe don't know what decentralization means. Profits are what attract people, investment is what gives regulation and is the bullet for cryptos
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People like Ver are no longer relevant to the bitcoin because they have long abandoned the real bitcoin to have their own altcoin. How would you buy bitcoin.org and advertise something other than BTC?
Not so difficult. Doing exactly what bitcoin.com is doing is enough. You keep everything as it is but redirects and promote Btrash wallets and others products. See on bitcoin.com, they teach to people what is Bitcoin, how to use it etc, but they are talking about Btrash, not Bitcoin. People think they are using bitcoin while in fact, they are using Btrash
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The last time we saw the $20k was not related with the CBOE. In fact, if you check carefully a chart and a calendar you will see that the price started to crash almost the same day. I don't understand why people are speculating on Bitcoin future, while it won't give any favorable result. At worst it can make Bitcoin below the $6k-$5k if the decision is negative
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