Smart vending machines capable of handling cryptocurrency payments will be installed throughout Malaysia and Israel by the end of 2018 as a result of a partnership between iVendpay and GoByte. Sergey Danilov, the founder of the iVendPay project, told CCN: The partnership between iVendpay and Gobyte is caused by the high demand for universal services allowing to pay for goods with cryptocurrency in everyday life. The choice in favor of GoByte was made due to the peculiarities of this cryptocurrency, designed for instant processing of micropayments with a small commission. Payment for purchases using GoByte in any vending machine equipped with iVendPay takes less than 3 seconds.He also provided a Youtube clip showing the ATM in action. GoByte is a fork from the Dash cryptocurrency aimed at processing merchant transactions. GoByte claims to be an improvement on the original Dash currency with a separate payment infrastructure that allows lower or non-existent fees for processing payments. Article containing the above info is here if anyone is interested : https://www.ccn.com/interview-ivendpay-founder-sergey-danilov-on-bringing-cryptocurrency-vending-machines-to-asia/Sounds Good, How much actually it will be used is what we need to wait and watch. This is a good step to make cryptos more accessible. We can expect more new traders/inverstors from these countries. |
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Incredibly good news, 100,000 is quite a good number, pretty good step for the development of bitcoin. Features like these on ATM's will help Bitcoin/Cryptocurrency reach large number of people. It will also allow new money to be invested in Bitcoin.
This is a great step for the future of Cryptocurrency.
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Bitcoin is an internet based currency and for it to become a Universal currency, you need Global internet penetration, which I doubt will happen within the next 10 years. Which means, it is hard to access Bitcoin anywhere in the world. This is one of the biggest hinderance for Bitcoin.
People know Bitcoin because of its Fiat value and not about its benefits. As a common man, I do not see any large scale benefits of Bitcoin to help me in my daily life.
I and most of the forum members consider Bitcoin as an assest and a way to overcome our Financial difficulties.
I do not think Bitcoin will become a Universal currency.
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I was rewatching Ready Player One earlier with my nephew and this thought came to my mind when I saw the prize money. If, for example, we live in a virtual world (however you describe your understanding of a virtual world) do you think we will only have one currency to use and that is bitcoin? Or will we still have different coins (altcoins)?
Bitcoin is the number one currency in virtual world. Alt's do not come near to its popularity and utilization. What we want is a global adoption of Bitcoin as one of the primary/major currency. |
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Is it better to just have one global currency? Or should each country have its own national digital currency?
We (if not most of us) are confident that cryptocurrency will be the currency of the future. But what is more feasible: one global currency, or one national digital currency for each country?
Having one global currency is a bad idea. Every country has the right to have its own currency, which it can control and generate. Having a single currency will completely destroy the freedom and existence of a country. It would be a bad idea to have cyrptos controlled by any country. This basically destroys the core essence of cryptocurrency. |
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We all know of the importance of having cryptocurrency, particularly Bitcoin, however it is not always clear where they come from. Here in America, my friends and I use Coinbase to purchase and sell Bitcoins, Litecoins, Ethereum, etc. We can also use Coinbase as a wallet and it accepts bank transfers as well. I have a few friends that use LocalBitcoins to meet up with locals in Los Angeles. I think this is inefficient since it can be time-consuming, however, there are some good deals and you can trust most of the sellers. I've also heard good things about platforms such as Kraken and Changelly. In an effort to help the community, where do you personally go to purchase Bitcoins? I always prefer Over the counter system to Buy Bitcoin or meeting the seller in personal. I have been using Local Bitcoin and I can recommend it is the safest and the most secure way to trade Bitcoin. Most of the transaction I do it in cash and in small amount, |
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In my country the situation is pretty stressed up when it comes to buying and selling of the bitcoin. RBI which is central authority here has warned he local banks from denying the services to the crypto related bank account holders.
So we have only one option to trade and invest into the bitcoin and thats LocalBitcoin. I cant even think about the trading of crypto currencies into fiat currency directly as it would be tracked down and could lead to ban over accounts.
Now recently I am intrigued with the news that Unocoin one of the exchanger in India has now overcome with this situation by placing the ATM's in India. So I guess thats option #2.
Yes your bank account will get banned, if your bank account recieves funds from Crypto exchange or they are able to track the fiat source. But, only Private Banks are creating such issues. If you are using a Goverment Bank or a Co-operative Bank there is no problem As the law states you can trade Cryptos, which means you can still recieve/send funds. I have been using SBI and have not faced a single issue. |
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Just another Pump, so that people think that Bull rum has come and start buying. As soon as the target is achieved by these pump group, there will be a dump. Stay away from Binance now and HODL If there is a Bull run all markets will gradually show a price rise.
It is better to wait and watch patiently.
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Since staying anonymous is your primary requirement, the best advice will be dealing over the counter or meeting the seller in private. Visit your local P2P exchange and you can make a deal over the counter or in person if the seller resides locally. The best option I can suggest is visiting https://localbitcoins.com/ to make a deal. P.S - Search Google more on P2P exchange, before investing. Check for DO's and Dont's. Do your own research. |
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Yes, there is a need to curb such frauds. Yes, there should be a governing bofy keep a check on ICO's. Yes, things have to change otherwise the end of Cryptos will be soon.
But, Regulation may or may not stop scam is a debatable topic. In my opinion Regulation will not stop Scam. If it was possible then Bank fraud/Scam would have Stopped.
I believe it is the responsibility of Investor/trader to educate themselves in Identifying such Scam projects.
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Why trade? Why not Conquer this world with a BOT?
Stop!!! thinking about shortcuts. There is no easy way to earn money. It takes time, calculation. strategy and at the last luck to earn some money online.
It is not so simple as the heading of this thread, gives me a picture of your understanding about online earning.
Bots only make your trading life simple, they are not meant for investment. Do some research on Bots and then ask question relevant to it.
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Rewards:
Hero/Legendary 6 stacks per week
Sr.Member 5 stacks per week
Full Member 3 stacks per week
Member 2 stacks per week
Jr.Member 1 stack per week
Do you think this is the primary Job of a Bounty Manager? Does it even matter!! Do you only check spellings before joining a Boutny program? If a bounty manager can't write the word "stake", what can we expect from him?
Probably, it's time for some regulation for bounty managers. I don't want to mention the fishy characteristics of bounty managers here.
I am pretty much confused here. "What do you mean by Regulation, when you are dealing with non regulated products"? I am sorry. Coolcryptovator has already created a thread regarding this issue, although not exactly same. My thread is not about rules or regulations. I want to quote a part of a bounty thread created by a so-called full member. The first part states this thread is not about rules and regulation and in the above part you want to have some kind of regulation, which you never listed. Please do not post for the sake of posting. Justify the reason for this post. |
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Funny it is. You cannot resist it. You need it. You cannot ignore it. But still you would spread the negative news about Bitcoin...
Bitcoin is here to stay. I agree that there may be some genuine concern, but most of them are irrelevant.
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Bitcoin price has been a lot stable than it was earlier. For the past two to three months it has been hovering between the range of 6k to 6.8k.
Such falls are good for traders as they can now buy more. You will surely see the price again rise and be stable at the same level. It will remain the same or go up to 9k till end of the year.
There is nothing to panic. So stay calm and HODL.
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Till 2019 General election I do not think any decision would be taken by the government. I also doubt this is possible. They cannot ban Bitcoin and allow ALTs. Still it is in discussion that means plenty of amendment are to come.
It is better to wait and watch rather coming into any conclusion.
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