I do not know who to believe anymore regarding ICOs. The bitcoin maximalists who are always saying that they are all scams or this Japanese billionaire who has done something good with his life, and who is also a supporter of start ups. Sometimes it is hard to believe some of the messages the bitcoin maximalists are spreading because they also have their self interests on hand. That is the rise and rise of bitcoin. They reckon that ICOs and altcoins are the hurdles for that.  Speaking with CNBC amidst the Singapore Week of Innovation & Technology, Taizo Son remarked that that ICOs – through which cryptographic tokens are sold in an effort to bootstrap a blockchain network – could be "major methods" for startups to access capital.
He told the publication:
"[ICOs are] very good because they democratize venture financing for not only professionals like venture capitalists, but also individuals can participate in exciting projects from start-ups to support."
Son is perhaps best known as the founder and current chairman of GungHo, a major Japanese gaming company that has released games like Puzzle & Dragons and Ragnarok Online. He also founded Mistletoe, a venture capital firm focused on early-stage startups.
His comments are notable given recent reports that Japanese officials are said to be moving closer toward new regulations around the funding model.Read the whole article https://www.coindesk.com/japanese-billionaire-icos-democratize-venture-financing/ |
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Can someone who is active in the local Chinese subforum show this thread there and the links to the blog and d5000's thread? It might be their only recourse if the Chinese government pressures their people on a mining ban for cryptocoins.
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The moves made by the Chinese government is not because they are against bitcoin. It is because they are against the crimes being done with the use of bitcoin. Everything is starting to be clear now. I reckon maybe some bitcoin exchange executives are knowingly doing money laundering activities for the criminal bosses of the triads in China.
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Aeon is going back inside between very longterm trend lines in Bittrex. If the code rebase is released, we might be witnessing it go up to higher than 30,000 satoshis by the end of this year. My only wish for now is for the HitBTC traders become more active.  |
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Legendary member d5000 has made simple suggestions for the ordinary Chinese people in how to earn some cryptocoins in case their government also bans mining for them. The solution is to rent out your extra storage space or home mining with your hard drives. The electricity costs will be much lower than the usual way of using GPUs and CPUs for mining. I am reaching out to the Chinese people. Please do not give up on the cryptospace. It is not giving up on you.  I was curious about methods to "buy" BTC without going through the standard procedures of "buying BTC with fiat" or "mining".
HD storage space is one of the things that can be most easily changed to BTC in a nearly-anonymous way*. There are three cryptocurrencies I know that allow to change storage space directly into a token you can change easily to BTC at an altcoin exchange: Sia, Storj and Burst.Read the whole thread https://bitcointalk.org/index.php?topic=1793028.msg17877486Read the blog that maybe inspired d5000 http://cryptomining-blog.com/7392-building-a-multi-terabyte-storage-solution-for-mining-and-sharing/ |
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How do we reach out to the Chinese cryptocoin community to start home mining or start offering their storage spaces to earn Storj or Sia? We should not give up on the Chinese people. There are many of them who still want to be engaged in the cryptospace.
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What can the Chinese government do to stop the growth and production of cryptocoins in their country? Ban mining? They are also taking a risk in banning it, because if they fail that will make them look weak and incapable of handling or controlling decentralized technology. That is very dangerous for a government who wants authoritarian control over its citizens.  In a research note to clients, RBC’s Mitch Steves wrote that the ban of cryptocurrency trading in China will “likely increase the demand for crypto-currency-related GPUs,” required by cryptocurrency miners in order to mine new coins.
“With the China ban, the only way to obtain crypto currencies mined with GPUs is to now mine them with computing power (or purchase them in person from a stranger). China is now banning VPNs and straight purchases (Fiat -> Crypto), which means the best way to obtain the currency without purchasing it is to mine it using GPUs (ASICs for Bitcoin),” wrote Steves, suggesting that individuals looking to obtain the digital currencies will have to do so with more computing power, “given that it is the only legal way.”Read the full article http://www.investopedia.com/news/china-cryptocurrency-ban-only-fuels-gpu-sales-rbc/ |
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Aeon. What makes a cryptocoin thriving in the longterm are the developers behind it. Smooth who is one of the geniuses behind Monero, is the lead developer of Aeon. The progress is slow but the main goal is clear. To be the first and lightest cryptocoin to make use of mobile devices as the prime selected hardware to run full nodes on.
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@Mynero. Do not worry about what he is saying. He is just trying to convince is that running a nodes in mobile devices is not a good idea. But it really is if the blockchain's is size is maintainable enough and the node does not consume too much resources. Mobile devices might give a coin more nodes that are online at all times more possible.
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@pereira4. That is what the news writers say about Fernando's sure chances to be in the podium but did he really have that chance? I reckon the Honda engines are still very much underpowered compared to that of their rivals.
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They did not get "caught". Try reading about it before posting. https://thepiratebay.org/blog/ . Its a great way to get rid of adds, hope they update specifics and charts. They were caught and it is not a great way of getting rid of ads. They also did not ask permission from their users to use their CPU for mining Monero. If they really only wanted to test it then they should make an announcement and ask their users to volunteer to join. |
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Do the whole cryptocoin community still listen to Jackson Palmer? We have seen different characters appearing in news sites saying that the bubble will now burst beyond doubt this time. Bankers, financial analysts and now a founder of one of the early scams in the cryptospace. The article mentions that he used dogecoin to show the absurdity of wagering huge sums of money on unstable ventures. I do not believe that. He must have known that the market was ready for another cryptocoin to pump.  He hoped to use Dogecoin to show the absurdity of wagering huge sums of money on unstable ventures. But investors did not get the joke and bought Dogecoin anyway, raising its market value to as high as US$400 million (S$538 million).
Along the way, the currency became a magnet for greed and attracted a group of scammers and hackers who defrauded investors, hyped fake products and left many of the currency's original backers empty-handed.
Today, Mr Palmer, 30, is one of the loudest voices warning that a similar fate might soon befall the entire cryptocurrency industry.
"What's happening to crypto now is what happened to Dogecoin," he said in a recent interview. "I'm worried that, this time, it's on a much grander scale."Read the full article http://www.straitstimes.com/business/companies-markets/cryptocurrency-crash-is-coming-warns-dogecoin-creator |
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I reckon none of the 3 were to blame for the crashes. Sebastian had his nose in ahead of Max so Max should give way. But the problem was Kimi, he was also at the other side trying to overtake Max. So Max had no choice but to keep it straight and his wheel hit Kimi's wheel then they crashed.
This is another fortuitous event for Lewis with 6 races left.
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We are not perturbed by that news anymore. We already know they are out of the game. I am more worried about what the Americans and the other European countries might do.
Are there any news or rumors on how they are reacting on all the bitcoin exchange closures in China?
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@bbc.reporter: Please. Trolling? Get a grip. This is called relevant discussion. I'm no Aeon convert or any kind of "coin convert." Not "blinded by the possibilities." Here's a blog I wrote awhile back about Aeon, that was farmed out to toughnickel.com: https://toughnickel.com/personal-finance/The-Crypto-Papers-Rebirth-of-AEONI understand that the "main" blockchain itself is secure, even on a smart phone -- even if slimmed down (pruned) as Smooth indicates. My concern about any coin info on a smart phone is that a smart phone is essentially dumb and hack-able. Again, not the blockchain. You don't bank or pay bills on your smart phone, do you? If I can hack your phone, install a keylogger, screen reader, virus, clone your phone -- and you only have the blockchain and do not mine to an address -- what do I know? I know that you probably have an Aeon wallet somewhere. Maybe on your PC. Maybe you don't use a VPN or jump to a TOR hidden website -- where you store your coins. Maybe you use Google Authenticator on your smart phone. Maybe you have an account on Bittrex with all kinds of coins. Maybe I'll find your email address on your cell phone. Maybe I'll send you a notification from bitcointalk.org (make it look identical), but when you click the link (you don't do you), I'll drop a keylogger and a few other goodies on your PC. Now I go and find your wallet(s), open it, empty it and just for giggles, activate a virus that wipes your PC and disables your cell phone. In the mean time, while your dealing with that, I'll comb your keylogger history looking for passwords, find all the other exchanges where you trade, open your accounts and bleed them dry. Hackers gather bread crumbs. Putting anything financial on a smart phone is dumb -- until the tech is better. But this is not my opinion. Many techies, computer nerds and black hatters say the same thing. But you can chance it. Go ahead -- advertise that you love Aeon. Entice that hackers who do this stuff just for the challenge of it. They've come my way more than once when I bad mouthed Bytecoin and Iota. I suspect those guys from India, but it could have been anyone. What is holding back the hackers from doing that today? Almost all the regular people not into cryptocoins are already doing financial matter and their banking needs on their mobile devices. There are bitcoiners who have wallet apps installed. There is Apple Pay, Google Pay and others. Do we see hackers hacking the billions of smartphones containing banking details? Where? |
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The Talking Thrones channel on youtube are still making prediction videos that I reckon are interesting. I will be posting some them here to keep this thread alive. It is a long wait for season 8 but the exaltation for the series must not go away. In this video, Talking Thrones predicts the deaths of season 8 that might be helpful for who will die next bets. https://www.youtube.com/watch?v=NwMNPlzgb9g |
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No one should miss the very start of the race when they release Sebastian and Max Verstappen in the front row. I reckon this is the first time that we have a Ferrari versus Redbull in 1st and 2nd places on the grid. This is a godsend for those people who are already becoming bored with the season.
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We are here again in a situation where bitcoin is dying and every news article and opinion on it will start saying I told you so. We have been here many times before and always we have proven every doubter wrong. But will there be a time that they will finally be right? Will they finally tell us I told you so?  The first familiar critique is that Bitcoin exhibits classic signs of a bubble. A bubble, roughly, occurs when people buy something not because of its intrinsic value, but because they expect the price to go up. Dimon made reference to the classic bubble in tulip bulbs in the 1600s. Bulbs’ intrinsic value lies in the beauty of the flower they produce, but at one time the bulbs grew to be worth more than houses. More recently, a Bitcoin worth $120.82 in late August of 2013 was worth $4,672.82 in late August of 2017. The problem with such bubbles, is that they can wreak financial havoc when they burst.
A related, but distinct, problem is the question of how digital currencies might be regulated. The Commodity Futures Trading Commision in 2015 defined Bitcoin and digital currencies as commodities. The U.S. Securities and Exchange Commission in July 2017 announced that it was investigating whether digital currency endeavors are de facto unregulated securities.
A third critique, as described by my Forbes colleague Panos Mourdoukoutas, is that governments dislike competition in the issuance of currency. There is money to be made by making money. This perk that accrues to the issuer of a currency is known as seigniorage – the difference between the value of money a government produces and the cost of producing it (often, literally, the paper it is printed on). Digital currencies can represent unwelcome competition (though so can credit cards, for example, since they allow people to make payments without holding currency).Read the full article https://www.forbes.com/sites/phillevy/2017/09/15/bitcoin-beware-the-empire-may-strike-back/#30d2eac040e5 |
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Free Practice Gp Singapore:
1.Daniel Ricciardo Red Bull 1:40:852
2.Max Verstappen Red Bull +0:556
3.Lewis Hamilton Mercedes +0:703
4.Valtteri Bottas Mercedes +1:252
5.Nikolas Hulkenberg Renault +1:596
6.Stoffel Vandoorne McLaren +1:649
7.Fernando Alonso McLaren +1:936
8.Sergio Perez Force India +1:974
9.Kimi Raikkonen Ferrari +1:983
10.Esteban Ocon Force India +2:202
11.Sebastian Vettel Ferrari +2:252
great time for Ricciardo with the record of the track!
Red Bull can win here.
Ferrari today is far away, will it be just pretactic?
First 2 practice runs does not really show us anything. They are tests on the car's balance and reliability and the drivers do not push and go as fast as they can. Ferrari might have small problems but let us wait for the 3rd practice. I reckon we can judge where they will be in qualifying after it. |
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You don't. Lots of them receive payment for reviews/promotion. Still best to judge the ICO yourself.
Yes they do. They are as vile and corrupt as some of the people behind ICOs. But the problem is most of us are not technically capable to assess and judge an ICO for ourselves. The community is still the best source of information but it can be manipulated by making fake accounts in the forums. Read the article about Moody's. If they can cheat their own ratings under the noses of the SEC then it would be very easy for ICO rating sites to make up their own ratings. The credit rating agency Moody’s has agreed to pay nearly $864m to settle with US federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the department of justice said on Friday.
Moody’s reached the deal with the justice department, 21 states and the District of Columbia, resolving allegations that the firm contributed to the worst financial crisis since the Great Depression, the department said in a statement.
“Moody’s failed to adhere to its own credit-rating standards and fell short on its pledge of transparency in the run-up to the ‘great recession’,” principal deputy associate attorney general Bill Baer said in the statement.https://www.theguardian.com/business/2017/jan/14/moodys-864m-penalty-for-ratings-in-run-up-to-2008-financial-crisis |
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