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I think I have read this news before or maybe that's another state? But If I'm a miner I wouldn't choose New York though. Its not condusive eventhough they offer cheap electric bills. Probably a mid size miner can run there, but I don't think that large scale bitcoin mining farm can stay that long without even detected. And now it looks like the crackdown has started so I do hope that they get out in time and move somewhere and at least earn a decent amount of bitcoin to sustain their operations.
"now it looks like the crackdown has started" do you mean something more than rising el bills? |
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Imo, these are quite interesting news for Bitcoin.
I've been checking multiple threads about this on reddit and there were many different opinions: some said that this is bad because it makes Bitcoin to look like a tool for illegal activities, but others point out that Bitcoin's transparency made it possible to uncover this alleged conspiracy, so Bitcoin shouldn't be viewed as a tool for money laundering. It's curious, because it seems like the popular and wrong opinion that Bitcoin is anonymous is shifting, but at the same time developers are working on adding privacy features to Bitcoin. Also a lot of posters mention Monero as an example of true private currency, and it seems like it's getting a portion of bad rep that previously was thrown at Bitcoin.
I don't see hard evidence for these allegations. Mueller's probe looks biased since his team of lawyers packed only with people who support Democratic party beside one. |
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We are very bullish on bitcoin. 10k by August is very possible and a further 60k by end of the year is within reach.
we - who? And "possible" sounds ambiguous |
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The biggest banks in the world participate in money laundering, tax evasion, and as we have seen during the housing bubble, issuance of scam investments. If you know what you are doing, bitcoin is a ledger that anyone can use for money laundering, tax evasion, and for issuance of scam investments in counterparty.
I reckon that Nobel prize economist is paid to spread FUD because the big banks like HSBC do not like competition in their criminal activities hehehe.
Governments are fine with tax evasion and money laundering when some high profile officials get their cut. Bankers and said officials hate Bitcoin because they don't want average joe to do those things, without him the whole system would crash. So, they ask economists to write FUD against Bitcoin in exchange for grants or bribes or whatever. Agreed, good comment! I really am taking that possibility for granted. In any case, yes, the cryptospace is giving power to the people that also gives them a capacity that requires small effort but achieves good results without needing an authoritative 3rd party. I don't think that banks really disgust Bitcoin. I think that they are here, in crypto market, but from backyard. |
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Just when everyone thought Centralized exchanges was a bigger "target" for hackers, then someone hacks a Decentralized exchange.  " Along with this, the hack stats are also disclosed by Bancor and the stolen numbers, at the press time, are - 24,984 in Ethereum amounting to $11.9 million. - NPXS tokens worth $1 million approx. and - 3.2 million BNT tokens i.e. Bancor’s token, amounting to $10 million. " Just want to highlight that no bitcoins was mentioned, because most media outlets will just report that another "Bitcoin" exchange was hacked.  So you guess that there are no Bitcoin lost? Right? How could this statement be independently confirmed? |
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Chinese government has registered all 41 patents that constituted the framework for to launch its own state cryptocurrency. And it's going to be a case, earlier or later.
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"But I do think Sergey Brin might be seen as more of a visionary than most of those celebrities, economists, etc. after founding Google. He seems legitimately fascinated by various cryptocurrencies" What's a proof for you statement?
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Stiglitz... I recall how he boasted about economy of Mauritius when he was invited to visit this island state.
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I'm curious, is it the only way to predict Bitcoin market only through figuring out resistance lines and other stuff that was brought from forex and shares market?
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Philippines allow direct fiat crypto deals and it's great, what's country do the same?
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Why are they always so late to do such things . To achieve this , they have to do a lot of innovations to settle down with the prices of bicoin and arrange the buying options according to that level . If it happens , it will be a huge milestone I believe it's just about strong will. If Ebay jumps crypto train then it's to do it ASAP. |
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Has Microsoft support line? It'd be great to call it and record the conversation for to make all things clear.
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Switzerland still bars local banks from opening accounts to crypto companies nevertheless may local politicians speak in favor of crypto.
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You write about Bitcoin:"it has real value" .Actually I agree with you but it's interesting what's exactly your point. I believe that Bitcoin has strong non material value since it plays as harbinger of great economic and financial shift in world order. At the same time I see a big opportunity that Bitcoin may cost just a penny if the demand for it as an object of trade and as a mean of payment goes down that we don't see now, of course, citing the rise in trading volumes at centralized crypto exchanges.
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It seems weird since Russia still has to clarify its stance regarding crypto.
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It seems that Ripple idea "XRP is not security" is overdriven. When institutional investors come to market then these investors accustomed to deal with securities will be more inclined to purchase crypto securities instead of "simple crypto".
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it will happens only in the first half of next year  |
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I just wonder, is it possible that Satoshi Nakamoto's account has changed several times of its real owner? I guess this also must be taken into consideration if we speak about real value of BTC?
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