My prediction that Coinbase is next might be wrong. The regulators might not go after them. They might have already been cooperating with the IRS and might have given up their users' data.  Are the 10,000 recipients Coinbase users?
The IRS stated that the names of the individuals in questions “were obtained through various ongoing IRS compliance efforts.” However, anecdotal evidence on social media suggests that the 10,000+ affected are the Coinbase users whose details were shared with the IRS after an IRS summons forced the exchange to hand over names, birth dates, taxpayer IDs, addresses, and transactions histories of approximately 13,000 customers in February 2018.
A bitcoin investor who received a letter shared their experience talking to an IRS agent about the notices and was able to provide further insight into who the notices were sent to.
Under the username “zipzapbloop”, the Coinbase user stated on Reddit: “I just got off the phone with a very kind IRS agent who explained much of what we've already gathered. If you got 6174 or 6174-A, then unless you have good reason to believe you didn't comply, then treat the letters as essentially informational. She stated that their resources are very limited and even said that the letters were sent to some 13,000 who had Coinbase accounts. Yes, she actually said "Coinbase accounts."Read in full https://bravenewcoin.com/insights/is-the-irs-crackdown-on-crypto-traders-a-sign-of-a-maturing-market |
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Link not working. If he indeed say that Jorge is too big for him, then this may not be the Mcgregor that I know who is always up for a challenge even if it means moving up. I can't blame him though, it's either he does not see much money in that fight or he is just smart enough to not take the risk. Did you intentionally remove the w in the link in your quote hehehe. Read the link in my post and know the real story. |
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@DaveF. How much more boring is it than formula 1 hehehe?
I watched it before. It is good to see some of the former formula 1 drivers in there, however the cars do not look as nice and they are not that fast. But include it if you want.
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Tone Vays is a bitcoin maximalist. I would not listen to any investment advice from him. I reckon his partiality fogs his judgement.
In any case, how far the sentiment today is from 2017 hehehe. However, if altcoins begin pumping, are we going to be altcoin maximalists again?
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Does blockchain.info collect personal information for KYC? I reckon it might soon, if they are not doing it now.
It might also be a good time to begin teaching newbies to use Electrum and other wallets. Once KYC begins, they will certainly leave hehehe.
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@wavessurfing. However, is Monero's resistance to Asics assured by RandomX? Aeon is switching to K12 because there was never a success in resisting Asics on any cryptocoin in the past.
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A business idea for Dana White, Al Haymon, Pacman and Floyd. Organize a boxing event with Floyd versus Khabib and Pacman versus Conor. The winners, which certainly will be Floyd and Pacman, will fight for the biggest purse in boxing history hehehehe!
I reckon it might also be Conor's opportunity of getting a rematch versus Khabib that he is always demanding from Dana.
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I like it, however, the information is not that different from other cryptocoins. We have already seen this before repeatedly. It is not interesting anymore. I reckon Aeon should go back to its original vision. A lightweight cryptonote coin that can run on your smart phone. Those documents were more of a “welcome to Aeon” sort of document. They were not really intended to be some large informational source about what Aeon is. It’s a marketing document with more in depth to come. Aside from that we are inching closer to k12. How are the present GPU miners weighing in on the change? I reckon they should have no vote because they can always leave and transfer mining on another coin or continue mining the old chain. However, who is making the Asics for k12 and are they accessible for anyone? I reckon this would be the next problem in this challenge hehe. Producing ASICs for k12 will make sense economically only when the network grows substantially. And the availability of ASICs will be improved along with the market growth. If the network grows and K12 Asics' availability is wide, I reckon Aeon's experiment on Asics might become Monero's insurance policy in case RandomX might prove to be not Asic resistant? This is what I speculate. |
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@Branko. There is only really 1 miner. Calvin Ayre, who might have Craig Wright under his control. He might he the real mastermind behind BSV. Craig might only be his puppet.
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“We don’t have a target for Bitcoin, but the prior high was $20,000. I think there’s a good possibility that Bitcoin reattains that high this year
he keeps lowering his expectations of bitcoin and it seems like he forgot to take a look at the charts again to see how the last time (2015) looked like with the slower rise at first which is what we have right now. it seems like he gets caught up in the short term drama a lot and then makes the emotional yet permabull predictions out of. i am still waiting for the price to reach $40,000 by the end of 2018, the prediction he made in Nov 2017 when price was below $9k and was shooting up towards $20k. I reckon that he is also shaking his head on this, his latest comment is not his normal style. However, is this a good sign or a bad one? |
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Also, give them a heavy punishment and those politicians who did it or those under those institution's influence not protecting them can say goodbye to their campaign funding hehehe. Corruption is real.
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SEC getting involved.. ripple will fit smoothly in the regulation framework that's coming
Ripple has no issues, someone transmitting "MemberBerries" money (unconfirmed rumor say he is son of orama bin laten) without licenses will have issues to deal with sooner or later, fact, same as lightning node operators, The only 100% compliant blockchain is BitCoin (BSV) as it is designed from ground up to comply as in whitepaper. On scaling front right now BSV 14000 tps Komodo 10000 tps Xem 4000 tps Eos 3000 tps Xrp 1500 tps BTC 6 tps better get developing before being left behind. 51% attack is somekind of time-warp, it was discussed in 2013. There is a shitton of coins out there where just a modern desktop is needed to do it. In History of crypto i think one coin got attacked (Bottlecaps) and recoverd just to die a natural dead later. In History of crypto just two coins where successfully hacked, XLM and XRP. Is the purpose of your fud to promote your bitcoin fork founded by a fraudulent person? I reckon he will go to prison first before any Ripple node is shutdown by the SEC. Also, how can you prove that BSV can support 14,000 tps everyday? Is it also centralized? |
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Tom Lee's art of predicting bitcoin with giving no prediction as the prediction, however mentioning somethng that might or might not be a prediction. Tom Lee must be related to Bruce Lee. He is applying his uncle's Jeet Kun Do on investing!  Fundstrat Global Advisors co-founder Tom Lee believes that recent interest rate cuts in the United States by the Federal Reserve are a boon for Bitcoin (BTC).
Lee remarked on how the rate cuts positively impact Bitcoin investment in an interview with Fox Business on July 31, saying:
“Bitcoin’s becoming increasingly a macrohedge for investors against things that could go wrong. Rate cuts are adding liquidity. Liquidity is pushing money into all these risk assets and also hedges, which is helping Bitcoin.”
Lee delivered a couple more general remarks about Bitcoin, which climbed back above the $10,000 mark earlier today. In terms of price, Lee thinks it is plausible for the coin to retake its all-time high by the end of the year.
He remarked:
“We don’t have a target for Bitcoin, but the prior high was $20,000. I think there’s a good possibility that Bitcoin reattains that high this yearRead in full https://cointelegraph.com/news/fundstrat-co-founder-tom-lee-us-fed-rate-cuts-are-helping-bitcoin |
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@stompix. Double standard on who? The American government? I would not feel bad about that. They are the most powerful country in the world and it is true, the American government is evil hehehe.
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@Kemarit. That will be an argument of a lifetime hehe. Also, it might be a quicker negotiation this time if Floyd and Manny decide yes on the rematch. Pacman has signed to be managed by Al Haymon beginning last year.
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@ðºÞæ. Sukrin is correct. Also, all the validating nodes are controlled by Ripple. Your tool might cause a small disturbance on the network, however, it will not be as serious as you want to.
It affects each and every coin which can not scale, thats the gist of it. Any low marketcap coin can be used all others play "Russian roulette" without a fix. Who likes to gable away his (cough) investment. Not my tool, or code. Devs need to find a fix without it is lights out. Issue at hand, the biggest achievement for David Schwartz (aka JoelKatz) to date is loosing the beginning of the XRP database for which he was generously rewarded 1 Billion XRP. Does he have the technical know how to fix it, no. The only option for him is to find some competed devs who put a band aid on and call it a fix. Ripple can scale more than most cryptocoins, the nodes that validate are maybe less than 50. Also, it might be more effective and simpler to do an attack through denial of service attacks if some on those 50 are vulnerable. There will be even fewer than 50 nodes as soon as the first has legal issues to deal with for not having a money license, which is required if you transmit money from someone else. Nothing is needed just just validating the own transactions, but then must also keep records for 25 years as per law. XRP can scale, you clearly are clueless what it means to scale in years to come. The investors on the company behind Ripple are politically connected. Why do you think the SEC is not pushing regulatory pressure on it? XRP can scale their platform faster than any cryptocoin, for the reasons we do not want to hear, however. @RivAngE. How many of that 1029 nodes are included in Ripple's trusted Unique Node List? |
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There are other news articles spreading that an American judge wants Mark Karpeles to face a class action lawsuit against him. It might expose more of the connection between the Mtgox theft and BTCe, I reckon.
We cannot rule out an inside job and an attempted exit scam in any exchange failure in the cryptospace anymore.
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@stompix. I know the news article's title is moderately clickbait hehehe. However, what Circle calls their expansion might really be a strategy of protection from America's regulatory uncertainty.
Bittrex, also an American exchange, has already done something similar.
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Am I the only one who wants Pacman versus Conor? I reckon the trash talking would be entertaining. Pacman might not forgive Conor and make him wear his sunglasses for 3 months hehehe.
I think so, Pacman does not fight a UFC fighter to ruin his reputation, he won't follow Mayweather's footstep, instead he'll fight Mayweather anytime. What reputation? Pacman does not need any more proof that he is one of the best and a hall of famer. Fighting Conor would be one if the best decisions of his life. Big money, easy fight hehehe. He would take no less than $30 million, I reckon. How much did Pacman get for fighting Keith Thurman? First, we have to ask, is it really the best for Manny right now? I don't think so, they are different, Conor can't beat Manny Pacquaio in the boxing ring, just like Mayweather did to him which is a clear one sided fight. Maybe by the time he will retire like Mayweather, he can have fights like this, right now, he is still in the stage of building more his career and people would rather see a boxer who has the record and who can bring the hype in the game, just like Thurman. The easy fight with a lot of money would be best for Manny hehehe. He is on retirement age and what is there more for him to build? He has attained more than any boxer in more weight divisions. There is nothing for him to prove in his career anymore. |
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