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6261  Economy / Speculation / Re: Bitcoin jumps after report suggests BlackRock is getting serious about the crypt on: July 16, 2018, 09:44:14 PM
It just ridiculous how a small news can impact the Bitcoin price (positively or negatively) Can you imagine what could happen to the price if a day someone successfully hacks the twitter account of the Federal Reserve or IMF and start to tweet random tweets like "We're going to move 100% in cryptos, no more USD and EUR."

(BlackRock is a hedge fund right?)
6262  Economy / Exchanges / Re: WEX formerly known as BTC-E - withdrawal methods are disabled ! on: July 16, 2018, 08:16:23 PM
unsure what is happen to WEX as it was formerly known as BTC-E they turn off withdrawal for unknown reasons.

If you have any information, please post it.

Thanks
Just have an update on their twitter as of today which can be seen on here: https://twitter.com/WEXnz/status/1018872081994436608
Stated
Quote
Due to wallets maintenance, BTC, LTC, ETH, BCH, DSH withdrawals won't be available until 22 July. Sorry for inconvenience caused.
A week maintenance? thats very long.

After 3 days without any news and coming from nowhere to say 5 wallets are in maintenance, I think I am ready to bet they fucked their servers and don't really have ideas to fix the issues. 1 week for a maintenance.... Imagine if your bank says, we are closed for maintenance for 1 week. No ATM avalaible...
6263  Economy / Exchanges / Re: How Much Is Bitcoin Fee To List A Coin On Exchanges? on: July 16, 2018, 05:59:39 PM
If I am correct Bittrex was charging 5 BTC to list a coin. But It was last year and since they may have changed the rate with the bitcoin value
Kucoin is based on vote and each vote costs 0.5 KCS and each user can vote up to 50 times per project
Yobit listing is based on auction More BTC in Yobicode - more chance for listing
Poloniex doesn't charge a fee, it's based on multiple criteria
HitBTC same as Poloniex
Crypto-Bridge charges 2 BTC
Bitlish doesn't list any coin

Quote
The exchange that received the highest fees is Binance with $1M, other decentralized exchanges receive less amount.

Binance isn't decentralized



Edit: sorry, Bittrex says it doesn't charge a fee according to this
Quote
Bittrex does not currently charge a fee for listing a token on our Exchange. We believe in promoting the blockchain industry, and we have spent, and will continue to invest, significant resources to review tokens for listing on our Exchange
6264  Bitcoin / Bitcoin Discussion / Re: SEC decision on August 2nd on: July 16, 2018, 03:55:14 PM
i think it is possible that most investors believe that SEC is going to reject ETF this time too because if you look at the price it has not moved at all. it is still in the same price level as it was before. otherwise if they thought SEC is going to approve it this time then they should have started buying bitcoin and price would have gone up. and lets not forget that this is not the first time either.

if my assumption is correct then if SEC actually rejects it this time too, then price shouldn't be affected at all because the market already expected it and never went up to come down now.
but if they do approve it, that will come as a shock to the whole market and we may see a huge FOMO buying action within hours and price can shoot up to $9k$-10k before the day ends.
I don't see any reason to see the SEC approving it. They rejected it before and nothing changed since. If the price is supposed to increase before the decision it will be perhaps 10 days before. But if it is rejected I can easily smell the Bitcoin' price going down, under $6000...
If it is accepted it won't have much results on the price. Sure the price may go up for some days, but it will surely go back to what is was before. The craez will stay perhaps 2 weeks, no more

Does anyone have any thoughts on the SEC decision coming up on the 2nd of August and how it would affect the price of bitcoin?
It is 10th August, not 2nd August Wink

bitcoin will go above it's Ath is my prediction. I buy bitcoin before august and hold it until moon.

So it needs to increase with $14,000 Good luck to see it happen within 2-3 weeks only
6265  Economy / Services / Re: I just figured out how to contact 45k+ users on BTT & Reddit: Anyone interested? on: July 16, 2018, 03:40:56 PM
I do marketing

Obviously you do it wrong and need to go back to the basics :/
6266  Economy / Economics / Re: The number of Canadians who own bitcoin doubled in 1 year on: July 16, 2018, 03:21:17 PM
Thanks for sharing OP.
Sad to see a growing % of bitcoin holders not even interested in using it, but guess that was expected.

...
"The 12% who owns it because their friends use it" is the dangerous part.That kind of people only follow the hype and don't know with what they are dealing,usually this is the category of people who fall for bitcoin doublers/ponzis.. and get scammed/hacked because they didn't deepen their knowledge on Bitcoin and security measures.

You could equally apply the same criticism to the most popular answer (58%) of "I hold it as an investment". If you only care about fiat value, you're less likely to do your homework (on security etc).
Yeah, but I am sure it's not only Canadian citizens. If the survey was targetting the worldwide population the trend would show a similar pattern.
It's something I often say here in the forum, Bitcoin is a (digital) currency and should be used as it. It's not like if you buy Bitcoin to become a shareholder. If everyone just holds their bitcoins then the ecosystem will never grow because for example if nobody wants to pay with bitcoin why a merchant should install an option to pay with bitcoin in his shop/e-commerce. People considering Bitcoin as an investment are somehow killing Bitcoin and its purpose.
6267  Economy / Service Discussion / Re: [LIST] Free EU bank accounts that you can be opened directly online on: July 16, 2018, 02:54:11 PM
The Swiss banks are the best if you don't mind AEOI.

AEOI is only between OECD members or they also share with other countries?

What offshore jurisdictions do swiss banks accept?

A country doesn't need to be an OECB member to participate in the AEOI program. There are maybe 20-30 countries in OECB but AEOI has thousands. Also a country doesn't need to sign the AEOI agreement to exchange information with other countries. They can always use other means: on request or spontaneously.


I don't think all countries have interest in sharing information.

I found this information: https://thebanks.eu/articles/countries-which-will-not-automatically-exchange-account-information

Automatically no, but upon request, (manually) they will unless the country is not in good relationship with the country. Don't forget that the AEOI program is born because of the United States and their Foreign Account Tax Compliance Act. Without this, It would probably never existed. And the US will surely use the pressure until more countries agree to sign the agreement. But for the sake of the diplomatic relationships, every country will share the information if it is asked.
6268  Economy / Exchanges / Re: WEX formerly known as BTC-E - withdrawal methods are disabled ! on: July 16, 2018, 02:34:29 PM
They were saying on Twitter they are working on their servers on their exit scam, but it was on 13 July, since a lot of people are starting to panic and the team isn't giving any news since. It could be the BTC-e 2.0. I have no idea why people are still using this exchange.
6269  Other / Beginners & Help / Re: Available courses on Bitcoin and Blockchain Technology from colleges and Univers on: July 16, 2018, 02:17:53 PM
What your topic has to do with the Meta board?
6270  Bitcoin / Project Development / Re: Has Anyone Used Estonian E-Residency to launch an ICO? on: July 16, 2018, 02:16:05 PM
Hello Guys,

Can anyone help me to get contact details for genuine consultant who can help me to setup company and residency in Estonia.
You don't really need a consultant. You can do it alone, it's very hard to do it wrong. All the government websites there, have an English version. You can complete the process in English without any problem. Don't lose your money, unless you're rich. You can even contact them on the sites if you need help with something or have a question.
6271  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs on: July 15, 2018, 08:29:25 PM
Ding Ding Ding!

Zencash is in the Top 100 cryptocurrencies on Coinmarketcap today. The price will surely increase the next week and so Zen will go up again for sure
6272  Economy / Economics / The number of Canadians who own bitcoin doubled in 1 year on: July 15, 2018, 07:15:55 PM
https://www.bankofcanada.ca/wp-content/uploads/2018/07/san2018-23.pdf
Quote
Why do people own Bitcoin?
An important question in studying Bitcoin and other digital currencies is why people own
Bitcoin. The answer to this has implications for central banks as issuers of cash and as they
research the costs and benefits of central-bank-issued digital currencies (see, e.g. Engert and
Fung (2017)). The 2017 BTCOS aimed to delve a bit deeper into this question by asking how
often owners used their Bitcoin for two purposes: to pay for goods and services and to send
money to other people. For this section, we make the distinction between transactors—those
who used Bitcoin for one of these purposes at least once per year—and non-transactors—
those who used Bitcoin at most “once or twice, but not on a regular basis.” Bitcoin owners
were split roughly evenly between the two groups, with transactors and non-transactors each
making up about half the population.
If half of Bitcoin owners do not use it to transact, there must be other reasons to hold
it. To investigate this, the BTCOS asked Bitcoin owners to choose their main reason for
owning it from a predetermined list (Table 3a). In 2017, the driving motivation for Bitcoin
owners was to hold it “as an investment,” with 58 per cent of owners choosing this response.
In second place was “My friends own Bitcoin” at 12 per cent, and the other response options
were all below 10 per cent. These reasons provide an explanation for the large number of
non-transactors, who overwhelmingly held Bitcoin as an investment (77 per cent) compared
with transactors (38 per cent). Unsurprisingly, Bitcoin transactors stated that they own
it to buy goods/services on the Internet (12 per cent), but also because their friends own
it (11 per cent) and it is a cost-saving technology (11 per cent). Therefore, a minority of
respondents are using Bitcoin for transactions.


The Bank Of Canada wanted to know what were the reasons for ownership during the rise in Bitcoin prices. The Canadian number aware of bitcoin increased by 20 percent during 2017. And now, 85% of Canadian citizens are aware of Bitcoin
- 12% own Bitcoin because their friends own it
- 58% use it as an investment

So the majority is just holding and a minority really uses it as a currency
6273  Other / Meta / Re: How do I reply on local board if I do not know the language? on: July 15, 2018, 06:23:08 PM
If we ask users to comment in English in any English board, (otherwise it get deleted) it seems logical and normal to ask users to post in the same language of the section they are on. It's so logical that your topic is not needed to ask. If you don't talk Russian then don't post.
6274  Economy / Speculation / Re: 10 good reasons to buy bitcoin now (2018 edition) on: July 15, 2018, 11:04:15 AM
Are you suggesting in your blog post that the economic tensions between America and China will contribute to the Bitcoin adoption? Because I don't see how it can, personally.
5. I have no hope to see ETF approved soon or later
4. The craze about Bitcoin (or cryptocurrencies generally speaking) faded since the BTC price crashed in January. A good indicator showing it is
https://trends.google.fr/trends/explore?q=bitcoin
6275  Economy / Service Discussion / Re: Buy domain name with bitcoin on: July 15, 2018, 10:43:13 AM
Could not manage BTC payment, but have use your affiliate link and get $1 off. Thank you!

You need to first deposit credit in your account balance (with Bitcoin) and then you pay the domain name by using your account balance. You don't buy it directly.

Quote
I've used Namecheap for my websites and they've worked great. Haven't used any other domain registrar that accepts BTC since I started buying domains as most others I've researched seem to either be unreliable, have poor support, or are outright scams.

I used Namecheap before since it has bitcoin as a payment option. However, I switched to NameSilo because you have the whois privacy for free and not only the first year. (Namecheap is free for 1 year only). I find NameSilo reliable the only negative point (maybe) is the user interface is so ugly, looking like a website from 1990. But it's something I don't care
6276  Bitcoin / Project Development / Re: Has Anyone Used Estonian E-Residency to launch an ICO? on: July 15, 2018, 09:17:16 AM
Yes, you are right. You can rent an office or use a mailbox the cheapest solution. The Estonian authorities help to get this, their website lists reputed providers https://e-resident.gov.ee/service_category/virtual-office-contact-person/. 1Office charges about €200 per year but you can find a lot cheaper.
6277  Economy / Speculation / Re: Bitcoin back on track? on: July 15, 2018, 09:00:24 AM
I find amusing to see people saying some things like Bitcoin will reach $10,000 very soon or saying $50,000 this year, etc. The same people who were saying, not long ago, Bitcoin is crashing and will go down to $2,000, it's dead, sell everything. You're only good to repeat what you read here and there. Most of the time you don't even give us any argument, other than XYZ said it
6278  Economy / Economics / Re: [Survey] Have you ever heard of cryptocurrency? on: July 15, 2018, 08:34:32 AM
I think Crypto currency is known in the world, it is also accepted in some countries, most users are aware of crypto currency since for some it is their source of living.

LOL Yeah Obviously people making a living on cryptocurrencies are aware of what are cryptocurrencies. Your post doesn't make any sense.
Can you imagine people are paid in cryptos but have never heard about it?
Sometimes people are so dumb in the forum. Cheesy
6279  Other / Meta / Re: Freedom in the forum? or protect particular interests? on: July 14, 2018, 06:59:59 PM
Don't take it seriously; they don't know what is the SEC. They just repeat what they read.
6280  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs on: July 14, 2018, 05:52:10 PM
why on the bittrex offline wallets?
It seems offline for me too. Maybe they disabled their wallet for the fork planned on 19th July.(block 344,700)

No, Bittrex usually do this for a maintenance, like with every coin.
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