400 million. What the fuck? Only ICO I can think of that is bigger then that would be the telegram one, which raised over 1 Billion - but they are way bigger than this company.

Pretty sure they will hit it as well, it's a very good time for Chinese companies and investors, the market is really starting heat up for China, it's all been good news for them this week.

Not sure about their choice of country. Why would a Chinese mining company be filing for an IPO in America, especially with so much tension between the 2 companies, not sure why they wouldn't just go back to China, what does everyone think?

Damn, I didn't know my friends were so unlucky, anyway, I didn't mean to point out that electricity in Denmark and Germany is extremely expensive, but instead, it was more to point out that GPU and computer part prices, in general, are extremely overpriced in Denmark and Germany, likely just due to their import fees, I believe.

For example, when I was looking at 2080ti's, they where around 1.8-2.2k in Australia (depends if you buy it from eBay with discount codes, or from an official computer store), and they go for around 2.5k in Germany and Denmark.

Ah, my apologies. So, I'm assuming that the greeting care would be different for each user and they'll basically be able to claim X amount of BTC from the QR code? Interesting.

There's actually no existing platform by the sound of it, it's definitely a unique idea and I doubt anyone has even thought of it before.

Having a faucet a system where you are rewarded with a small amount of BTC at the start, and then they are able to complete surveys, even use their phone for mining and watch ads for BTC. There definitely are apps like this, just not sure if they'd use BTC.

Are there exact statistics on these studies? A lot of recent studies have been really bad, with there being a ton of issues like a extremely low sample size, or only testing a certain age group that might be really into technology and new things, I've never really trusted any of the articles showcasing number, seems to change every week.

Yeah exactly - although we can't really ignore the fact that crypto-currencies have definitely been getting bigger in recent years, I mean just today, our first global crypto-currency that was created by a country was released. Big times.

It doesn't need big companies and institutional investment but as a bitcoin holder myself and I'm sure a lot of other people think this as well, having institutional investments would definitely pump the price and I'm sure everyone would love that.

It's not all as it seems though, a lot of bigger companies don't actually use an exchange but instead choose to buy OTC, for a variety of reasons, for example, to be hidden in the markets.

Also, institutional investors = more companies interested = more adoption!

I mean it is China, not sure what was really expected, they are literally famous for snooping on their citizens and being extremely controlling over them and whatever they do (look at the firewall thing).

It's still pretty decent for the market as a whole, obviously, their project isn't really bitcoin-related, it's more related to blockchain technology and basically cloning their own currency and putting it on a blockchain for easier use and to make it better for the future.

I have no doubt that every single coin from that blockchain is going to be easy to track and it'll end up with a lot of their citizens getting stuff traced back to them.

6 years... Damn, I can't believe they've been looking at blockchain and cryptocurrencies since late 2013, I don't believe they got interested in crypto-currencies since fairly early on, before all the ICO's and bull runs.

It's pretty solid proof that China is completely adopting this new cryptocurrency technology then, they have been very lax with crypto-currency in recent years and it looks like they want to develop an ecosystem that could possibly replace fiat, and their "DCEP" being at the top of it.

I can't wait for it to launch! Countries are definitely going to follow suit with this now.

Move this thread to service discussion. It's not really about bitcoin.

ICO's are initial coin offerings that don't really need an outside payment processor, they are great for crowdfunding but they've died down in recent years due to IEO's being so successful.

IEO's are a blend of an ICO working with an exchange, instead of the ICO holding and processing payments themselves, they instead use an exchange to process all their payments and make sure it's all good, minimalizing risk and then also leveraging the exchange for extra investor attention.

You can take some beautiful with a lot of mid-tier smartphones, and since having a 1k smartphone is pretty popular, most of the camera's on the newest Samsungs, Pixels, and iPhones are already a DLSR level, especially if you understand angles and photography - it's actually very in-depth, has aspects like image stabilisation, colours, etc...

The problem here is though, who even uses Shutterstock images? I can't imagine someone taking photos and being able to sell them for any money at all, unless they are really, really well done.

Crypto-currencies would be a great way to pay royalties though... Especially if they are only small amounts.

I don't feel like he's being that stupid this time, but a lot of the language he knows and just the way and "vibe" you get off him is like someone having a tantrum and just having a rant - the comparison between racism and this definitely is taking it a bit too far and kinda shows Roger's flaw here.

There are a lot of people that are purely loyal to a coin, and could also be known as shills and they are quick to attack other people's coins. I agree with this fact, and I've personally seen it with a lot of ICO's and telegram channels.

This is obviously going to happen though, the crypto-community is a diverse one and there's a coin for everything, so this sorta thing is obviously going to happen.

Ignoring the pretty bad English, it's pretty easy to answer this question. People who share views and want a world where the government isn't always in control of their money, and bitcoin offers this with their decentralization model.

That's what makes it very interesting to the population, and how a lot of people made and lost a lot of money. A lot of investors are interested in this very risky investment.

The same people who are using it now due to decentralization, they will be using it all the way until it becomes obsolete or if there is a better option out there.

There's quite a lot of scam potential here, not implying that you are a scammer, but that if your app does ever make it big, you can bet that there are going to be making apps similar to yours, or even impersonating your APP and then sending our wrong QR payments/addresses that instantly redirect to their own personal address.

It definitely sounds festive and right in the spirit for the holidays, but unfortunately, there are terrible people out in the world and QR codes just end up becoming scams when you see the number of fake QR scanners out on the play store nowadays.

If you're comparing gold and sliver to a bitcoin and cryptocurrency, you're comparing a speculative and extremely risky investment with another one that is literally known and popular due to its stability. Not a fair comparison, especially when Satoshi's vision with bitcoin was a coin that was actually about to be spent and used in the world, away from the restrictions of the bank.

In a financial crisis, where everything goes to shit, crypto-currencies, fiat, and even gold to an extent would be very worthless - having the essentials would be essential here.

Their "Quantum Supremacy" isn't that much of big news, they were able to complete some equations a lot faster, but there have been comments that other manufacturers are able to manipulate their machine and only make it 5-10x slower than this "quantum computer".

I doubt anyone would have made market purchases or sales due to the quantum news, most people that are in crypto-currencies understand that there is going to be no chance it comes out in the next years and is able to make a big enough impact, where it'll be able to mine and effectively break bitcoin's private keys.

Not sure what you'll be able to expect here, it's a regular ponzi scheme that's only relation to crypto-currencies was that it was used as a payment method for the investors/victims, and if it was a fiat-based Ponzi, it's likely they would have dealt with it in the same way.

It looks like they have and they are continuing to arrest more owners of the project, after the scattered around China and the world and they are attempting to trace some of the crypto-currency payments, and try and figure out where they are going next, pretty basic detective stuff from the Chinese government.

Bangladesh and other developing countries have really stepped up in recent years, and when big countries like China and the US are left without any room to grow, they've turned to cryptocurrencies and blockchain technology while Bangladesh still doesn't feel a need for blockchain technology and is still focusing on technical development.

Scams happen no matter what, it's likely that they would have been able to scam someone else if crypto didn't exist and they would have gone about it another way. It's just the payment method, that is crypto-currency.

It's true, but no country has yet condemned bitcoin but adopted blockchain technology, Bangladesh could try and risk it, I'm personally very interested in what happens.

Here's some outcomes that could happen if a coin with a limited supply ran out and was basically unable to be mined.

1. Transaction fees would instantly go up, to accommodate the lack of block rewards being a thing and transactions would likely become a lot more expensive consistently.

2. The coin would die, or be dead before it's fully mined out - this is my personal prediction for Bitcoin, don't think it'll survive enough for every last coin to be mined out.

3. It would only be available for purchases on exchanges and P2P, with there being no supply, demand and the price would instantly rock up causing the coin to be instantly worth a lot more.

For payment service providers, I'd go with bitpayserver, they don't charge any fees or require any KYC features, and if you have talented coders it's fairly easy to integrate. If you actually want to force KYC and go with a more mainstream supplier, go with Bitpay (expect delays and issues with this choice) or Coinpayments.

Seek family/friends to invest in your company, and then you'll be able to get venture capital once you reach a certain popularity.

Yeah - can agree with this, keeping costs at a minimal by doing everything yourself also minimizes the risks associated with trusting another company with your money.

He's talking about profiting 5 cents worth of bitcoin (or another cryptocurrency if he is smart enough to realise that coins like ripple and dogecoin are a lot more cost-efficient if you are running a faucet that allows users to withdraw their funds, doesn't include gambling faucets though), which might have the potential to go 100x time, but your doing work for a very small chance anything happens. I guess if you have free time you go for it?

Airdrops are different, they offer much higher rewards for completing fairly work-intensive tasks (sharing, retweeting, making posts/content/articles) and those rewards are much better compared to 5 cents for clicking a button - although they are usually paid in a speculative currency that is worth nothing unless the company actually succeeds.

Take a look at cryptopay.me, they require quite a lot of KYC, but they are probably the most adopted card, and they basically giving you a regular debit card that just drains your bitcoin balance every time you chose to use it.

There are other options however, bitpay does a great one if you want to just use an easy card, they aren't the fastest or most secure debit card though, and there are options like Wirex that are particularly good for EU residents.

Other options would include Crypterium, crypto.com and Bitwala have some great options out there, have fun picking the right one for you.