Show Posts
|
Pages: [1]
|
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2Fthumb%2Fd%2Fd8%2FGadsden_flag.svg%2F250px-Gadsden_flag.svg.png&t=663&c=nDo-v-6taty6gQ) How would you like to own the domain name of a coin with purpose? A coin that says what we all feel. Don't Tread On Me. For over 200 years this symbol has stood for independence and freedom. Lock in this domain name today and have the next big alt coin tomorrow. Taking offers in Bitcoin, Litecoin and Feathercoin. Post offers here or send me a message. To read more on the Gadsden flag and its designer see the links below. http://en.wikipedia.org/wiki/Gadsden_flaghttp://en.wikipedia.org/wiki/Christopher_Gadsden
|
|
|
Does anyone have any thoughts on the price of this coin say 1 month, 6 months, 1 year? One thing that I see that is holding this coin back is the size of some of the sell orders. Sure people want to make a profit which is understandable, but when you place large sell orders in the 100k plus or greater size it only slows the upper momentum of the coins long term value. What I'm saying is large sell orders put a temporary floor to the price whereas if the sell orders were gradual in size then the buy orders would have to chase the price which in turn would allow a steady price increase and value to the coin.
I personally think the coin has staying power, the community is great, the developers and pools support is second to none, new shops are picking it up and the out look is good. I think within 1 month we break 200 satoshi per coin and surpass Dogecoins value, within 6 months we could potentially be in the same range as Feathercoin currently is which is around 30,000 satoshi. A year out I can't say but if we were to hold 30,000 to 50,000 satoshi per coin we would be doing good.
Time will tell. Thoughts?
|
|
|
Hi,
I have a question on the way Grain is priced and how difficulty is displayed. On Coined Up for example the price is listed as 0.00000048, but on Coin Market Cap the price is listed as 0.00048. Which of theses two prices are correct and why is there such a difference between the two? As far as difficulty goes why does my pool show difficulty as 10, but cgminer on my computer shows the same pool as 5 for difficulty?
|
|
|
If you're in the states you need to think about the (FinCEN) "money transmitter laws".
|
|
|
Good explanation ISAWHIM. I've read the (FinCEN) PDF document twice now that BCB posted. To me two things stand out and correct me if I'm wrong but the below sounds like they're taking the term "convertible virtual currency" as meaning an item that holds a value such as a deed, title or bond that's held in electronic format and used to exchange for legal tender.
Currency vs. Virtual Currency FinCEN’s regulations define currency (also referred to as “real” currency) as “the coin and paper money of the United States or of any other country that is designated as legal tender and that [ii] circulates and [iii] is customarily used and accepted as a medium of exchange in the country of issuance.” In contrast to real currency, “virtual” currency is a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currency. In particular, virtual currency does not have legal tender status in any jurisdiction. This guidance addresses “convertible” virtual currency. This type of virtual currency either has an equivalent value in real currency, or acts as a substitute for real currency.
The other thing that stands out to me is the wordage on "prepaid". Does the below mean that prepaid is perfectly fine to exchange bitcoin for and doesn't fall under (FinCEN)?
A user of virtual currency is not an MSB under FinCEN’s regulations and therefore is not subject to MSB registration, reporting, and recordkeeping regulations. However, an administrator or exchanger is an MSB under FinCEN’s regulations, specifically, a money transmitter, unless a limitation to or exemption from the definition applies to the person. An administrator or exchanger is not a provider or seller of prepaid access, or a dealer in foreign exchange, under FinCEN’s regulations.
|
|
|
Very cool looking design. I like it! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
What is defined as being a "substitute for currency"? If I have a staple such as soap or a commodity such as oil and I open an exchange and trade bitcoin for them am I considered a "money transmitter"? To me both of those items, soap and oil have a price that is not fixed and wouldn't fall under the "money transmitter" laws or am I not understanding correctly? If they still do fall under the "money transmitter" laws what is the difference then if I was to work for bitcoin and got paid by my job in bitcoin? My value is not set and at anytime I could get a raise or a deduction in pay. I guess what I'm getting at is as long as I don't fall under the "money transmitter" wordage I'm legally able to take and exchange any item for bitcoin and only pay a tax when I convert my bitcoin to currency be it dollars or euro's correct?
|
|
|
Trying to get my head around the (FinCEN) "money transmitter laws". They're wording for "stored value" means cash, money orders, gift cards or anything with a fixed value from my understanding. Does that mean that anything that doesn't have a fixed value isn't considered a "stored value" and therefore doesn't fall under the "money transmitter laws"?
Example: If I run a service that trades bitcoin for pocket lint and there's an exchange for bitcoin and an exchange for pocket lint. Since both bitcoin and pocket lint are fluctuating in price at all times are they both then not considered a "storeded value" and legally I could run my shop and not be bound to the "money transmitter laws" when accepting one for the other?
|
|
|
Hi,
Looking to sell the domain name Bullion4Bitcoin.com. Will accept payment in bitcoin, litecoin or feathercoin. Make an offer here or send me a message.
Thanks.
|
|
|
Hi,
Looking to sell two crypto currency domain names. Theses two domain names are short and most people would understand what they mean. They could be used for anything from a new coin to a trading or payment system or anything else you could think of. Both domain names will be sold together as a pair since they're worth more that away. I'm willing to take offers in bitcoins, litecoins or feathercoins. You can post an offer here or you can send me a message. The two domain names are listed below.
ioucoin.com
ioucoins.com
Who doesn't know what an "IOU" is? Think of the potential here. Don't miss out on theses two.
Thanks.
|
|
|
This is pretty cool. Now I'll have something to do with my raspberry pi I got for Christmas.
|
|
|
Hello all,
I've been lurking for about a month, finally decided to join. I heard about bitcoin over a year ago but nothing really clicked so I passed it off. Recently about a month ago I got reading more into bitcoin and bought a 10 GH/s blade and started mining bitcoin and alt coins with it along with my two computers. I recently sold the blade for bitcoin but continue to mine alt coins. I'm hoping to learn more and contribute when I can.
|
|
|
|