https://localbitcoins.com/gdprMost 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.
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Surprised there's not a thread on this.
The SEC are scheduled to have a meeting today regarding whether projects like ETH and XRP are securities. Dunno if and when the actual verdict arrives.
My guess is that it's unlikely they'll go for a yes for the biggest projects. It's more work for them and ETH at least has done enough to evolved beyond that classification. I'm sure many an ICO is going to get a raping.
Would a yes classification for some give Bitcoin's value a knock or a fillip? Would the whole alt market have a major wobble?
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This thread here touches on something that really isn't mentioned often enough. https://twitter.com/giacomozucco/status/991438132812943369https://twitter.com/giacomozucco/status/991442604033302528Bitcoin's birth can never, ever be replicated. No coin can ever again come out of nowhere and float in the ether waiting to be picked up by the human race. For me at least this is one of the major factors as to why BTC will always be up there. Of course coins like LTC had a better initial distribution but that was entirely down to the world Bitcoin carved out of nothing for it. Is this something you ever mention when talking about Bitcoin to other people, something that regularly slips your mind or something you don't give a toss about? |
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https://www.nytimes.com/2018/04/29/technology/blockchain-iso-russian-spies.html?partner=rss&emc=rss'Some of the technologists at the meeting of the International Standards Organization were surprised when they learned that the head of the Russian delegation, Grigory Marshalko, worked for the F.S.B., the intelligence agency that is the successor to the K.G.B. They were even more surprised when they asked the F.S.B. agent why the Russians were devoting such resources to the blockchain standards. “Look, the internet belongs to the Americans — but blockchain will belong to us,”' To me at least this seems a tad silly. 'Blockchain' is so fluid that I don't see how anyone or anywhere can ever stake a permanent claim to anything. What form would a country's attempt to dominate look like?
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I thought this was a dead interesting post on an area which is hardly ever picked up on. In essence it's comparing the amount of actual trading time between crypto and conventional markets. It's easy to forget when we're mired in a 24/7 global market, the old school ones are largely national and operate only during a limited number of business hours which is incomprehensible to yer average moonkid. https://www.reddit.com/r/BitcoinMarkets/comments/8e5z5u/this_was_never_even_a_real_longterm_bear_market/dxsqqc2/"The NYSE is open 6.5 hours per day for 252 days per year, yielding 1,638 hours of trading time annually. Crypto markets are open 24/7/365, yielding 8,760 hours of trading time annually. 1 year of crypto trading = 5.3 years of NYSE trading 1 month of crypto trading = 5.3 months of NYSE trading 1 week of crypto trading = 5.3 weeks of NYSE trading" Do you reckon this means applying this formula can yield previously unnoticed parallels or makes comparing them even sillier than before? |
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I still see people rolling out the old '0.00001% of the world's population own any' line which is slowly losing its validity. I'm sure it's still a small amount but there will be a point where Bitcoin fans can no longer claim to be the underdog flying under the radar.
What would that point contain to convince you that you're now part of the boring mainstream?
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There are some big ass OTC operations out there like Genesis Trading, Cumberland Mining and others. Despite this we never, ever hear anything about them here.
There must be people who've bought and sold through them on here so I would like to know what the experience was like. I'd vastly prefer using one to an exchange but there's little information on what the user experience is like.
How personal was it? How did you verify addresses to send to? Did they have buyers or sellers reading and waiting to meet your offer or did you have to register yours and wait? How long did the whole thing take from start to finish?
Enlighten us please.
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I presume only retired campaign operators would share, but sig campaigns are everywhere yet we never really hear anything about their ins and outs. Since there are so many they obviously do work, but I wonder how well. For some of the bigger campaigns thousands of dollars per week are flying out the door.
I'd be very curious to know how many clicks to their site happen per user and how many of those clicks translate into actual business. Have cost and effectiveness comparisons been made between adsense (RIP) and Bitcointalk?
As crypto advertising is doomed elsewhere I suppose we're likely to see a considerable increase in campaign activity, but while all options were available I'd love to know how the varying ones stacked up against each other.
And how did the decision form to advertise in this manner?
Let's hear from insiders and throwaways.
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https://www.bloomberg.com/news/articles/2018-04-03/crypto-exchanges-charge-millions-to-list-tokens-autonomous-saysThis is of course a no shit Sherlock type of headline, but what I didn't know is that they're charging ongoing annual fees too. Surely the trading fees would've been enough. And I can't see any scenario where they'd remove a successful coin because they weren't being bribed, but maybe it's possible. The only alt I'm proper familiar with is NEM which has always refused to pay exchanges to list. They've paid for that in lack of volume on occasion too. I wonder what the landscape would look like if this wasn't a thing.
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