Another fud to bring the cryptocurencies down. I think we should see this as another attack and bitcoin price may come down because of the way many people on Facebook may interpret this. Bitcoin and blickchain technology can been used for scam but that doesn't mean any other forms of money can also be used for scam and fund raising. Facebook and Microsoft were in favor of bitcoin and other cryptocurencies before but lately there have started to attacked it for the reason best known to them.
Actually, I expected that the banning will take effect this month in which not only Facebook will ban the crypto currencies but also the Twitter and the Google will join the banning too as it was reported early this year but i wonder now that still Crypto currencies can still be seen in these sites in which the social media campaign advertising is still on going without any issues. It's not fud when you are really banning ico ads and such. Fud means it's made up to scare people, not facts that are happening or going to happen you know. |
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Where did all these asian exchanges come from with millions in trading volume, of course they manipulate things.
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No, and I never would either.
If I really needed to join one I would rather buy or photoshop a fake id than sending in my own. They have no means to correctly verify most information anyway.
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Looking at how btc started and it's decentralized nature then yes, obviously regulation is not something that really fits that picture.
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I am a little worried about Sirius, but not because of the price. It's because the devs never come on here and interact with the community. I know there's a slack, but most people prefer this thread.
I checked the slack, seems pretty dead as well, barely any activity there. |
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If this was possible do you think btc would be worth what it's worth now?  Sorry for your loss mate. |
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I'm not sure about that it depends on the project, if you really wanted into it better read whitepaper, their website and backround of the team and ofcourse. There mission and vision of the project.
There are tens of thousands of coins if you count all the eth tokens as well, look at coinmarketcap and how many coins have a decent market cap. It's obvious at least more than half of coins releasing daily are scams. Especially when you look at their charts and see they were pumped and dumped in their beginning. |
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By reading on bitcointalk and seeing what's released here, but honestly the majority of the ico's suck. Even the coins/tokens that make you a profit most likely suck and are useless after the initial PND.
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Hmm you posted a top 10 with arguably 10 shitcoins  I would heavily change my investments if I were you, nevertheless good luck with them. |
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For exchanges, ICOs that collect KYC information, when are they required to send information to the government.
If I remember correctly, in the US if you make a money transaction, such as through Western Union, or bank, $3,000+, within the same day, or smaller amounts during consecutive days, the institution must collect your ID information and Social Security and report it to the government. I forget which entity of the government.
Does that mean that if one participates in an ICO and puts in over $3,000, that gets reported to the government? Or if you move $3,000 out of an exchange, that gets reported?
This is absolutely new information for me. At first i was thinking that they are using KYC or Know Your Customer for knowing their platform users that will continuously be with them through out the usage of the platform. Now that i have read this, i was thinking that maybe they are keeping track of those high earners or maybe they are making sure that they are transacting with humans that can travel around the world. Whatever the case, people who have send their personal docs to ico's and haven't been honest tax wise better watch their backs for a long time coming. Also identities are getting stolen left and right, this is the perfect scene to try your luck at. |
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Having an online account is like signing with a contract with the company,that provides the online services you are using,when you register that account.Every contract ends when the person,who signed the contract dies.I`m not OK with the idea of inheriting online accounts,liks Facebook,Youtube,Twitter or Linkedin.
Cryptocurrenices are money just like fiat money.Having a crypto wallet should be the same as having a bank account.The funds should be send to your relatives after you die.
So how will your private key get stored, and more importantly who will safely store your private key? |
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It's media/FUD, I don't think it can be a coincidence that we see these huge negative news waves about bitcoin, followed by small positive waves.
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Are you sure?  ? Yes. The trustee needed $400,000000 to meet the MtGox liability as at August 2014. He now has that in cash (the bankruptcy proceedings say that people have to be paid the cash value in Yen as at August 2014). Regarding the rest of the coins - that depends on the Japanese court. Some people think they will go back to Karpeles as MtGox doesn't legally owe anything more than $400,000,000 to it's users. I would hate to see the btc go back to Karpeles, he hasn't been punished nearly enough for what he has done. |
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I hope during world cup football the price of bitcoin will increase. It has been started, but I see no effect. It is a big event of the world. Does it not bring any value to bitcoin.
I don't see why the world cup would transfer any value to bitcoin, maybe a few extra btc bets here and there but that's about it. |
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If you're getting out of bitcoin then I think it's not the smartest decision to get out at these prices.
It might be a decent decision if you need the money or if you manage to buy back cheaper and end up with more bitcoin.
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I have read Bitcoin cash are talking about 2.5 min block spacing with another upgrade (its what they call hardfork these days). we need to have more exposure and let people know we are already there.
All the innovations that came up with Bitcoin Cash and other hardforks, Bitcore came up much earlier than them. All these innovations and optimizations have been long working in Bitcore. Yes we all know that, but many others don't |
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I have been able to size up some of my bags, so I am somewhat happy with it. But in reality I need them higher prices.
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More things you might be able to take into account, some might be too far fetched to be tied to a rating or to do automatically.
-network activity (nodes/difficulty/# of daily tx/ etc)
-github activity
-bitcointalk thread pages/activity
-coin distribution (i.e 10 accounts hold >50% of the supply etc)
-anonymous or known devs
-lifespan of the coin
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If you ask for my oppinion, I think for bitcoin to gain global accpetance a few regulations has to be implemented by different governments. The government have always seen bitcoins has a threat to the global financial system, so therefore they won't rest until they succeed in regulating it.
A few "regulations" put forward by governments should be implemented in bitcoin? This should not happen and will not happen. |
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I do not think that it makes sense to measure these chances in percent. This is a normal process and new coins are born every day. At the same time, some of the coins die and this also happens every day.
No not some, I would say most coins that release nowadays will die. A lot of them don't even get to die, they can barely get started. |
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