Yes. Total waste of time. I can't believe people value their own time so low. You could make more mowing lawns for one hour a week and using that to buy BTC than gawd knows how many hours clicking mindlessly.

At least fees have come back to Earth because a few months back the fees cost more than anything you would've gained.

Alt faucets could be a different deal if the alt eventually explodes in value. Let us not forget the first Bitcoin faucet gave away 5BTC to everyone for free.

How much tougher can it already get? It can already be a huge pain up the arse littered with risk going through an exchange. There's no way I'd ever put large amounts through one. I'd only go OTC if a large sale was necessary and even then you never know where something will be sprung on you somewhere along the line.

It's dead simple - verified should mean verified, no ifs, buts or surprises. To retrospectively hit people with new demands is unacceptable in the extreme.

Short of handing over cash in person it can't be done. The best you'll get is keeping your deposit or payment obtuse enough for your bank to not notice or care. And that still does nothing to deal with charge backs or claims of scamming. I'm not sure how these platforms handle it but as they get bigger they'll get ever more gamed.

No I'm not. There is no need to have an ICO to supply a card. The only reason they're doing it is to line their pockets. If they wanted to and were capable of supplying a card there would be no need for tokens or weird tiers. They would simply go into business and make plenty of money.

It's the ICO cancer needlessly infecting a previously useful area. They also have the additional boon of cards becoming beyond reach for many users so it's another empty promise for them not to deliver.

I've been reading up on this today. There seems to be a lot of theorising about the links between various services that are selectively scamming people.

According to this - https://monero.stackexchange.com/questions/2930/which-entities-are-related-to-bytecoin-and-minergate

Hitbtc is one string in a shadowy bow with tentacles everywhere. I wouldn't know about that. I do know that Hitbtc sounds shit and I'd never put a penny into it.

Dunno where you're at, but that's not the case for me in the UK.

Most metals places have a limit on how much you can buy before they start having kittens and I've never come across a stock trading place that lets you get rolling without ID.

If they're not already then crypto services will be the same as everywhere and everything else in the EU - onerous.

I've verified myself with loads of places recently and none were beyond proof of address, ID and the occasional bank statement.

At the very worst from hearing from other users other exchanges have asked for source of funds for a big transaction. No one else has asked anything like these other questions. Bitstamp have been doing this for a long time.

https://localbitcoins.com/gdpr

Most people knew this was coming but here's the confirmation anyway. ID verification will be required when you hit certain volume limits. Thank the EU rather than them. I presume this'll speed up decentralised options.

Yes. But you need to have a decent Proof of Importance score for your vote to have weight.

Anyone throwing their money into this and not being fully prepared for a lengthy wait with plenty of scares along the way is a fool by this point. This is what Bitcoin gets up to and this is what the professionals preying on those newcomers feed on.

There are now years of behaviour to draw on and this forum is littered with salutory lessons from silly sausages who threw in the towel when they would've been fine with a bit more patience and a bit less emotion.

There's going to be plenty more of it in the years to come. Either get a ringside ticket or bog off and don't whine from the car park.

I use it all the time as do many thousands of others without any problems. I've never heard of anyone being the victim of anything the developers might have done. If we did we'd know about it instantly.

This crowd sale thing was the result of crappy management who may not be involved any more at all for all we know.

Anyone who's sitting on a large pile of money is possibly doing themselves a disservice if they don't move it into a few other areas while the going's good. I'd never abandon crypto but retirement in particular is about hedging, preserving and nurturing which means having a significant chunk in boring options too.

Cool little idea. I certainly would not be placing all my eggs in that particular basket for one's end of days plans. We still don't know how long crypto's legs are. There might be some epic implosions just before it's time to put your feet up, or several in the meantime.

http://www.scmp.com/business/commodities/article/2145767/chinas-ministry-industry-and-information-technology-publish

The China Center for Information Industry Development (CIID), the institute responsible for advising on policy in technology, is researching and publishing ratings for 28 coins including BTC, ETH, NEM, XMR and plenty of others.

Anyone care to extemporise on what the implications are of this? Does this mean China is looking into 'rehabilitating' certain projects?

I can't believe after all this history to draw on anyone is stupid enough to ask this question.

Even the crappiest phone wallet is a better proposition.

Even if the exchange remains secure, you might forget your password, lose your 2FA or email or the most likely is that they lock accounts because of some new demand for verification that you can't deliver.

Go and sit in the corner with that dunce hat on.

Has a single one of these ICO cards produced an actual working product yet? It seems like prime con fodder to me with lots of empty promises about banking relationships that'll never happen.

They did not need to hoodwink thousands of saps into laying out for worthless tokens for the honour of using the card. They could, y'know, simply supply the card without the rapey bit in the middle.

That's if they can actually deliver a card, which they probably can't. And even if they can they probably can't be bothered and will simply keep everyone's money.

They scared me away many years ago. There's absolutely no way I'd put 1 satoshi into them in case they imprison it.

I can open an account with one passport scan and one proof of address and trade billions on stock markets. The site would never question me again. All the details they need are there in case the tax man wants to chase me around.

Yet a bunch of Slovenian tossers believe they have the right to my most intimate financial details? They do not. They can fucking fuck off.

Can't see micropayments ever really being a thing for subscription services. Subscription services depend on people forgetting or not being bothered enough to cancel.

If you're micropaying you're constantly having expenditure shoved in your face. That turns people off. And if I had micropayed for some of the shit on Netflix I wouldn't be impressed. If you've paid in a blanket style for everything you chalk it down to experience

There's definitely a place for it in other areas, but not that one.

This is a sig free section to save us from what this thread is griping about.

The never ending gunplay on display is fucking pitiful.

The number one threat to his personal safety is having his brains blown out by one of the psychos he's employed and keeps tanked up on drugs and booze.

I presume the Fedex guy fires packages at his house with an artillery piece from the safety of a few miles away, otherwise attempting to drop off that Hello Kitty backpack John ordered on Amazon might earn an arse full of hollow points.