Sorry, might be naive to ask this, but could you explain me how, as a journalist, you can “verify” this?
I mean, that this was just a transfer of bitcoins from one wallet to another, rather then a purchase from fiat to bitcoin. I’d love to know how to check these things, so to have much more clarity.

 

 Thanks for the answer! You are probably right.

I believe that there are entrepreneurs that are definitely trying to exploit and the maximum the growing interest in blockchain. Claiming investments in ICO can showing u as more interesting and potentially appealing to attract funds.

I believe that data SCAM is  a possibility but the advantages of KYC and "remove" anonymity from this world is so much bigger that it is worth to risk.

Plus, if data will be sold at market rate 5-10 USD, whilst and ICO can aim at producing even 10-20 millions, selling data won't be more remunerative...   

I believe that Ripple is a good application of blockchain technology because:

• it has a purpose - speed up bank transfers
• since launched, the number of banks using it is growing
• it has some form of "regulation" - having received the BitLicense from NY State
• the number of validators keep growing, granting a reduced vulnerability of the system

Though, the system is not decentralised (as for Bitcoin and Ethereum) and this can have some implication, but it requires much lower time to process a transaction and it consumes far less power, making it more efficient.

Virtual currency is a highly speculative market where in the last 3 month we saw XRP going from 0.22 USD (t1) to 3.70 USD (t2) and now back to 1.19 USD (t3), so:

• t1-t2 period +1,500%
• t2-t3 period -300%
• t1-t3 period +580%

 

I believe that none of these changes is related to any concrete logic. I mean, the price has not increased or decreased due to significant news related to Ripple itself. So, my suggestion would be to probably hold some of them till next speculation boom.

Cheers, 

Here the news: https://www.sec.gov/news/press-release/2018-20

Is this just SEC retaliation against Crypto or this was just due to these 3 companies not really transparent?

To me looks just bed marketing on crypto...

The 3 companies that have been blocked are 2 Wyoming corporations: PDX Partners Inc. http://pdxpartners.net/ and Victura Construction Group http://victuraconstruction.com/ and a Nevada company Cherubim Interests Inc http://cherubiminterests.com/

Was wondering what do you think?