I don't think it'll drive away investors, but it could definitely change the nature of current trading practices. Some are speculating that these FATF guidelines will drive investors away from exchanges and back to peer-to-peer trading:
It'll have to be true P2P, not quasi custodial like Localbitcoins which is getting ever more uptight. I just don't see that many people wanting to do it in comparison to sticking your card into nice, friendly-looking Coinbase. Things would have to get pretty desperate for the average dunderhead to consider it. All the same those look like some onerous requirements so perhaps in some places there won't be an alternative as exchanges can't afford to comply.
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Careful with your wishes, infofront. Whatever dear Uncle D might say or write, once you get in the cellar you're done for.
The only thing that takes place in my cellar is the consumption of quality filmed entertainment. In a worst case scenario he would be subjected to a 10 hour Brian Bosworth marathon. That takes place every Wednesday.
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The coming will be a disaster for USDT if they continue to develop this way. Globlacoin is certainly more prestigious and the transaction fees are much cheaper. In the near future they will have to compete with a very big competitor and I think this will really cause big losses for USDT. Market share will be stolen by Globalcoin.
USDT only exists within the confines of crypto exchanges. It doesn't have any use or purpose outside that. USDT's main appeal is their indifference to compliance as long as you stay within it. Facebookcoin will be a very different beast and we don't know whether they'll allow it to touch any exchanges beyond their approved ones, and even the approved ones may only allow exchanging to proper fiat currencies.
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You're #1 on my list gentlemand I abstain from such base desires these days. I lead a life of quiet contemplation tending to my collection of hard drives. You're welcome to hump what you imagine me to be. Am willing to supply some grunting MP3s to insert just because it's you.
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I feel your longing for vagiety. That's what most healthy males are after, admit it or not. It's biology, you know. The chromothingies or something. You sound like you're golden anyway, with children and all. If I feel like marrying one day, I'll come to you for advice about a suitable mail order agency.
Have you not watched that recent Black Mirror episode with two big straighties having weird VR videogame sex? It turns out it was all fine because they didn't want to get it on in real life. That means that someday soon everyone on this thread will be able to have guilt free sexual intercourse with each other regardless of gender or persuasion. Perhaps there should be a set time on a Sunday afternoon or something just after church.
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My theory is Circle is where all of Goldman Sachs's inbred love children are sent to make them feel like part of the team. Once installed in the (padded) office they blow raspberries, sling their droppings around and occasionally the perennially out of work actor Jeremy Allaire is hauled out of whatever truck stop strip joint he's working the door at, gets hosed down and sent to some conference. There is barely one move they've made that hasn't been an utter balls up.
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Shut up noob.
I am very angry today
(ノಠ益ಠ)ノ彡┻━┻
Silly sausage.
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Nice to be among grown ups. The rest of the forum has been today. Poohead.
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I have a Lloyds account and I've sent to Coinbase without any trouble. It was all of £10. Read the article. It's about credit cards and most other banks have done the same. Transfers are fine. I can't remember what I put in the name field but I also don't remember having any trouble with that. Coinbase were banking with Barclays but their faster payments seem to on hold for now to Coinbase Pro at least.
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Cyrpto-currency itself is not toxic. Crypto-currency itself is not greedy. Crypto is just a bunch of 1's and 0's.
Of course. And Ebola is nothing other than a virus just trying to get by in the world. The problems begin when humans are introduced and in general they're rather difficult to get rid of. Not every highly ambitious person is totally cut throat.
Most of the time ambition had little to do with it. It was purely to get one over on the people close by or assert piffling amounts of power over the colour of that week's minutes. I can only go on my own experience and none of it has been useful or positive. If you can get something from it then more power to you. I never have.
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Communism is pretty much the same as libertarianism. On the page they're both appealing ideas in different ways. It's human beings attempting to actually implement them than turns them to shit.
There's never been a communist country. At best there've been attempts at state capitalism. Thankfully there's never been a libertarian country either. That would truly be a living nightmare.
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How is crypto-currency toxic? I am not agreeing nor disagreeing but have you ever been a member of professional associations?
Erm, how long have you been in crypto land? It's heaving with greed, lies, theft and psychopathic behaviour. I've never seen anywhere quite so disgusting in my entire life and I've been around for many centuries. If you know what's what then you take it for what it is and bypass it. If not then you'll be eaten alive. The most famous professional association in crypto was the Bitcoin Foundation. Several members wound up going to prison. Several who didn't were still appalling human beings. I've been involved with professional associations in other areas. They were all cesspits of petty politics and backbiting with little to no focus on their headline purpose.
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In my experience any time adults gather around a common interest it degenerates into bitching, fleecing and winds up being nothing more than a monumental waste of energy. Add crypto's overwhelming toxicity and I wouldn't go within a billion miles of something crypto related.
In this day and age all the pertinent info anyone needs can be found off one's own back. I think it's better to remain in isolation and do your own in your own time.
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I respectfully disagree ulhaq. There are still some ways to make small profits.
If there was a way to successfully capitalise on Korean premiums they would've been erased within a matter of minutes. Korean premiums are several years old. That says everything you need to know. No one leaves free money on the table. If you can manage it then great. No one else can. I would suggest doing a google translate post in the Korean forum too. I presume it's crossed many a mind there.
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Coinidol, in fact, is much worse than even CCN. Coinidol isn't dead yet only because of 90% paid (and very cheap) fake traffic (pop-ups), sponsored articles and very small team (4-5 persons) with low salaries.
You are/were one of the prime Coinidol mouthpieces on here. What happened? Were you fired? Crypto reportage is one of the most depressing aspects of this entire space. If it all died tomorrow the world would be in no way worse off. If there's real news to be reported then real outlets may start to to carry it.
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None of these proposals are currencies or cryptocurrencies. They're dollar or alternate fiat tokens. Them using some aspects of blockchain technology makes no difference to their fundamental nature which is the same as everything that's gone before them.
I'll be very interested to see how Facebook treats users who interact with proper crypto. If they allow it then that increases its reach and utility. If they attempt to squash it that make the case for real crypto all the more compelling.
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I could top up a debit card instantly from my bank app and get a sepa from bitstamp directly to my bank, no need for ...whatever revolut call themselves.
Much depends on where you're at and local banking attitudes. The only reason I'm using this card is I want something completely removed from my banking. In the UK banks are all to happy to give you your marching orders if they sniff cryptoness. Using this card negates any possibility of that. Same goes for Mr. Fish's Revolut use. Revolut seem just as happy to meddle with you but if they shut you down it doesn't impact any other part of your life. PS. Maybe we should make (or revive) a thread about all these card providers? I'm not comfortable talking about the others in Wirex' thread, which was supposed to discuss about them and maybe them offering support (like sometime in the past).
Wirex support is long gone from this forum but overall I agree, however the discussion of other cards on this thread usually springs from an aspect of Wirex's actions.
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So, they're going Bittrex now? Closing account without explanation.
I wonder why they need to hide the reason for closing/disabling orders from their users. Things could get ugly if they suddenly disabled everything and disable withdrawal without explanation too.
They've always done that. There've always been reports of people getting the boot or having their buy limit reduced to $10 a week from $10,000. I presume almost everyone working at Coinbase has no idea why this is happening either. It's some obscure algorithm that gets triggered or a shed full of witches who issue commands. I've never heard of anyone being prevented from withdrawing after being told to go away.
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I'm low on caffeine and I have no clue why would you avoid posting the name here. It's not like you're spamming or advertising that card as long as we're pointing flaws and advantages.
Anyway, if you don't want to mention it so others might compare it to drop me a pm.
Be honest with yourself. I think you're just a little bit turned on by the cockblocking you're being subjected to. And there's no reason not to enjoy your sexytime. I presume Revolut is being referred to. They're not a Bitcoin card and they have market FX rates. I don't trust them either.
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It's a paradox but much regulatory in crypto will drive away investors.
No it won't. It's the price of doing business. If people refuse to countenance it then they won't get to play. Many more investors will be driven away from platforms that don't toe the line and may be crushed at any moment. I believe Coinbase will still be here in five years. Unless something changes I do not think the same about Binance. Stuff like this - https://thenextweb.com/hardfork/2019/06/12/bitcoin-cryptocurrency-fatf-regulation/ is not easing up, it's heating up.
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