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2321  Economy / Economics / Re: Is an economy without physical money safe for the poorest? on: January 11, 2018, 04:34:00 PM
It would highly depend on other prerequisites. For example, what form of non-physical money would come after the cancellation of physical? The economy to support such change would need to guarantee that even the poorest could afford the gateway to electronic payments because otherwise payments would become less direct for them even than owning a bank account.
2322  Economy / Exchanges / Re: List of bitcoin debit cards on: January 11, 2018, 02:25:37 PM
One other issue with Mistertango is that they do not accept a driver's license as a proof of identity document. They will accept a government-issued identity card instead, but if you live in a country which does not issue such things then you may have a problem. I've heard good things about them generally, so good luck if you try them.

 
Yes, it's a good banking service and great card too. It's just more convenient to deposit money there via SEPA, because they have a flat deposit fee for bitcoins and it's quite high with today's prices.
2323  Bitcoin / Bitcoin Discussion / Re: What to do with the people who don't like Bitcoin? on: January 11, 2018, 10:59:47 AM
I try to reason with such people slightly but never try to offend their opinions. It's better not to try bring preachy. People can have strong opinions and there is no need to sound offensive. Better let them be convinced ad Bitcoin comes everywhere while they were still in denial.
2324  Economy / Economics / Re: What will happen to the banks if people uses cryptocurrencies more than fiat? on: January 11, 2018, 09:43:04 AM
I don't think that banks would ever go away, at least not throughout our lifetimes. A big portion of the current system is based on banks, most of finance is done through banking, plus m2 and m3 wouldn't exist without banking. Capitalism as we know it is based on banking. The removal of the gold standard brought growth to developed countries and banking played a central role in that. Some things won't easily turn back. I think that our generation will just see crypto co-existing with conventional banking.
2325  Bitcoin / Bitcoin Discussion / Re: Ignore the FUD from the Korean exchange markets on: January 11, 2018, 09:39:54 AM
This has been the discussion about banning bitcoin all over the world in my memory. There's no ncentive for a developed country to do so because transactions would still happen without the government being able to intervene, plus the country would lose out on taxes and business development.

If Korean regulators put out laws that give cryptocurrency users ways to legalize their earnings through taxation and clear avenues for crypto enterprises to bloom through a supportive legal landscape then it would be beneficial for the economy.
2326  Alternate cryptocurrencies / Mining (Altcoins) / Re: Are these MINING MASHINES sites are SCAM/FAKE ?! on: January 11, 2018, 09:37:10 AM
Yea, i know about bitmain, im sure i could buy from them ( but i need to wait a lot of time ), my question is about the two sites above ? Smiley Smiley
For all we know you could be the creators of those website yourself, trying to promote them and help them with SEO results. Why would you post from a newly created account anyway?
2327  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: 🔥🔥 Reddit Marketing | Upvote Packs | Aged Accounts | ICO Marketing Pack! 🔥🔥 on: January 11, 2018, 09:09:21 AM
Any chance to give out a vouch copy for this service with an upvote pack? I'd be willing to test the quality of the product and post a honest review as a long time member of this community.
2328  Bitcoin / Bitcoin Discussion / Re: the recent coinmarketcap exclusion of some korean exchanges on: January 11, 2018, 09:08:06 AM
Those exchanges are still tracked at cryptocoincharts. I recommend anyone who'll looking into statistics for cryptocurrencies to use that website, it's really useful and doesn't make exclusions to exchanges based on volumes.  Roll Eyes
2329  Local / Ελληνικά (Greek) / Re: Επαγγελματίας αρθρογράφος με γνώσεις στο bitcoin on: January 11, 2018, 09:05:09 AM
Πλέον συμπεριλαμβάνω και το Email μου παραπάνω. Απλά μπείτε στην σελίδα μου για να συμπληρώστε το captcha ώστε να εμφανιστεί η διεύθυνση.
2330  Economy / Exchanges / Re: Coinbase linked account on: January 07, 2018, 10:11:29 PM
You can link several bank accounts with absolutely no problem. You'd have to verify each through Coinbase's normal procedures though.
2331  Bitcoin / Press / Re: [2018-1-5] Mark Zuckerberg wants to introduce cryptocurrency to facebook on: January 07, 2018, 06:25:58 PM
I think that introducing any sort of existing cryoptocurrency to Facebook would actually be bad for bitcoin. People there are used to spoonfed information and easy to use interfaces. If facebook users were exposed to bitcoin the majority would end up very frustrated, likely having a bad opinion about their experience.
2332  Alternate cryptocurrencies / Altcoin Discussion / Re: Quick ICO question on: January 07, 2018, 06:20:40 PM
Hi guys

Something which hopefully is a simple question but I would really appreciate understanding...

If you invest in an ICO, could you ever lose more than you invest?

I understand that, say for example you invested $1,000, that could eventually be worth £0 but could you ever end up owing money? - say the coin crashed and the company running it had debts for example.

Might be a silly question (sorry if so) but I'd like to know.

Thank you.

Most ICOs that put legal disclaimers on showcase that token holders are not actual shareholders. That doesn't give them shareholder rights but also doesn't give token holders the same responsibilities. I don't think that under any jurisdiction token holders would end up owing more than they've put in though. Even if a company was promising tokenholders shares, the company would have to not be an S.A. or L.L.C. structure for such a thing to be even possible. Proving ownership and linking to identity would come next.  
2333  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VOISE - Revolution of the music industry on: January 07, 2018, 06:16:11 PM
With so many altcoins that have tried to engage with musicians and their industry, why do they all end up failing? I think that people might be a hard time grasping that its especially hard to link crypto with real world use cases. Musicians aren't posing a lower entry barrier for any reason.
2334  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your Red Flags? on: January 07, 2018, 06:13:20 PM
My red flags are badly writer white papers:
This shows that the team couldn't even put enough effort into highlighting the best of their ideas.
Whitepapers that are all words and no discussion on technical details:
This showcases that the team's work probably can't do much in terms of developing the project they envision themselves.

No code samples or minimum viable product to showcase:
This again is indicative of the team having little technical knowledge. It shows that the team is waiting for funds to get anything done.
2335  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think swissborg is a Good investment? on: January 07, 2018, 06:07:28 PM
I think that their projections seem too optimistic and perhaps their use cases a bit far fetched. I didn't see any minimum viable product from them able to showcase that they're ready to develop what they invision and put it in practice. It's a risky investment but could be highly rewarding if progress is made with the development. So far I think that at least the marketing is good.
2336  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 🔥🔥🔥 PUMP GROUP THAT PUMP COINS TO THE MOON🌙 🌙🌙 on: January 07, 2018, 06:04:45 PM
I like how the OP asks for proof of pourchase for pumping... What should be happening here is that they should be providing proof of their work and perhaps use bitcoin's ability to provide proof of ownership to showcase how much they hold.
2337  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple founder become the world's fifth richest man on: January 07, 2018, 10:02:52 AM
With a centrally structured coin like ripple, he could be even richer by centrally issuing more tokens. The thing is, the open market than ripple trades on makes it highly volate. The value could drop any day now, because profit taking is bound to happen.
2338  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can this rise go on forever? on: January 07, 2018, 09:50:47 AM
I mean, even shitcoins and abandoned projects increase in price and market cap... what's going to happen, your prediction?
The entry barrier for alrcoins has been quite higher as of recently. People are not blindly putting money in any coin that randomly goes out, at least not as the altcoins explosion had it some years ago. I think only time will tell which altcoins will persist. If development of certain alts stops then the market would likely follow through.
2339  Alternate cryptocurrencies / Altcoin Discussion / Re: safe to store about 15 altcoins on bittrex about $8k on: January 06, 2018, 06:25:56 PM
It has some pros but even more cons in my opinion. I would say that with bittrex being s registered company the risk of them running away with coins isn't that much of a concern (athough still a possibility). Exchanges have been irresponsible with handling customer funds in many cases and recovery can be an extremely long process like with mtgox or seemingly impossible like with cryptsy. Better keep the alts on your own, take advantage of their "bee your own bank" ideals and care about security on your own.
2340  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitconnect to the Moon! on: January 06, 2018, 06:00:58 PM
Bitconnect is a blatant scam. The price of it is obviously manipulated by the exchange opperated by the team behind it. The current state of it is making it reach absurd price levels, conning many cryptocurrency newcomers into putting money in that scheme. Bitconnect is doomed to collapse, as any pyramid scheme does.
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