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I am sure more companies, from large to medium, will do the same thing in a near future. Some will do with a strategy in mind while some will do with the purpose to increase their stock price only.
I don't know how this could end, it could be a popular crowdfunding solution where even the small startups will be able to use this as alternative finance, or if a lot of projects end with a dead shitcoin it could lead to bury the reputation of the ico's purpose and maybe the cryptocurrencies generally speaking, in the long run.
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From the "Bitcoin is useless" that we have been hearing for years from banks, governments and institutions, we are slowly changing mentalities in order to gain acceptance for the advantages of cryptocurrencies and how this can help different economies. It's going to take a long time, probably years. If today Goldman Sachs says Bitcoin could be viable money in troubled economies (i.e. Venezuela, Greece, etc...) in a near future they will accept cryptocurrencies as "useful" and then will say "oh, we are going to use it". We're going to see more and more countries with an economy in a serious trouble, it will be some other opportunities for cryptocurrencies to prove it's a valuable currency Even if it's referring to the "developing countries", be sure it will be the case for others too.... Goldman Says Cryptocurrencies May Succeed as Form of Real Money
Bitcoin may seem like a solution in search of a problem in the U.S., where transaction costs are already low and the dollar stable. But in developing countries, digital currencies could succeed as a real form of money, Goldman Sachs Group Inc. says.
Many currencies in sub-Saharan Africa have lost value due to high inflation and supply mismanagement. As a result, foreign money makes up more than 90 percent of deposits and loans in the Democratic Republic of the Congo, and Zimbabwe demonetized its currency in 2015. Bitcoin could also be useful in regions where governments impose strict rules on the use of traditional currencies from other countries.
“In recent decades the U.S. dollar has served its purpose relatively well,” Goldman Sachs strategists Zach Pandl and Charles Himmelberg wrote in a report Wednesday. But “in those countries and corners of the financial system where the traditional services of money are inadequately supplied, Bitcoin (and cryptocurrencies more generally) may offer viable alternatives.”
The report also warned that if digital coins become a widely used form of currency, investors shouldn’t expect the astronomical returns that have recently drawn unprecedented attention to the world of cryptocurrencies.
“Our working assumption is that long-run cryptocurrency returns should be equal to (or slightly below) growth in global real output—a number in the low single digits,” the strategists said. “Thus, digital currencies should be thought of as low/zero return or hedge-like assets, akin to gold or certain other metals.”
https://www.bloomberg.com/news/articles/2018-01-10/goldman-says-viability-of-crypto-is-highest-in-developing-world |
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When you see how the site was full of errors for several months, it's probably not a simple update but rather a major upgrade. The engine was really outdated. It's frustrating. Looks like they didn't get a test environment before trying to be on live lol. I hope the problems will be fixed once for good and then that they will improve the customers support to the level we deserve. We are still working to resolve the issues that we have identified and our team is working around the clock to ensure a smooth upgrade.
This means it may still take several hours before we can relaunch the site.
Jan 12, 12:05 UTC |
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Its good initiative by KFC, Now even there small bucket of fried chicken will give more returns from last fiscal year Fried chicken chain KFC Canada is accepting bitcoin – for a limited time and for a cryptocurrency-themed bucket of chicken, that is. The limited-time marketing move sees the Canada-based chain advertising "The Bitcoin Bucket" complete with a Facebook-based live-tracker of the standing price for the product, which works out to roughly 20 Canadian dollars depending on the exchange rate with bitcoin. That said, you can't exactly walk into a KFC location in Canada and pay with crypto at the cash register. Instead, the company is accepting Bitcoin via BitPay as one of the options through an online check-out page. The Bitcoin Bucket will be delivered directly to the customer's address (the product also carries a $5 fee), according to the check-out process on its website. https://www.coindesk.com/kfc-canada-is-accepting-bitcoin-for-fried-chicken/In addition to curiosity about bitcoin fried chicken barrels, I'm still more concerned with how to deal with Bitcoin and real currency rates because the value of bitcoin is subject to change, but I think that should not be a problem either. It isn't a problem because customers are charged with the value in real-time, so you pay what the rate is at the moment you order. The price won't change a lot in 2 minutes...as long you don't take 3 hours to pay. And from the KFC point of view, it doesn't matter either because it get converted to fiat automatically. |
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I think it will be credited to your account by Monday. As I said the first take a bit longer to get it credited and since they are super busy since a month it may take a bit longer. The fact that the second transfer was "successful" but in the afternoon it was on HOLD makes me think that the transfer has been successful and marked on hold for a manual check. So I would say everything is fine (aside you're waiting since a week)
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It's a bit out of topic but since we are talking about the finance, governments, and take back the control... Check out this video when you have some free time.This guy is a goldmine Worse than Useless: Financial SurveillanceIn this talk, Andreas makes a connection between medical pseudoscience and modern financial totalitarian surveillance, as practiced by banks and state intelligence agencies. He explores the hidden externalities and moral hazards inherent in KYC/AML policies, disconnecting whole countries and even continents from the world economy. Why is it common sense that money laundering is the fundamental business of fully-licensed, regulated banks? Who runs the real "dark net"? He urges that before people try to fix things they should first be sure they're not making it worse. So for investors bitcoin still profitable.
That's a problem, Satoshi didn't create Bitcoin as an investment but as a currency. It hurts Bitcoin, to a certain extent, to call it "investments" If Satoshi wanted to create an investment he could have opened a bank and sold useless life insurances and other products that are usually found in it |
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In this case, we could go even further with internet cables under the sea which can be used to extract data. Do you know it's possible right?
You can create completely open source CPU, it won"t be so useful at the end
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With cryptocurrencies trending in popularity, it seems that many investors are purchasing bitcoin on borrowed money — credit cards and loans that bear interest. The consumer group Lendedu released a report on bitcoin investors who use credit to purchase digital currencies Which of the following best describes how you funded your account to purchase Bitcoin? After purchasing Bitcoin on your credit card, have you paid off your credit card balance? Are you comfortable paying interest on your credit card as a result of your Bitcoin purchase?
Are you planning to pay off your credit card balance, accumulated by purchasing Bitcoin, by using the proceeds from the sale of your Bitcoin investment?
 Between people who used a credit card to fund and purchase (Question 1) Do you plan on buying additional Bitcoin using your credit card?a. 76.23% of Bitcoin investors answered "Yes." b. 23.77% of Bitcoin investors answered "No."
Source 1Source 2
People are so crazy, really...So, 18% used a credit card, 22% of them haven't pay off their credit card balance. 1/3 are worried about the interest expense.... and 23% will continue buying additional Bitcoin using your credit card?... the average annual percentage rate (APR) on a credit card is 15.07 percent |
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I had this mindset as well but to be honest I am less optimist. It was created to take back the control of money without the need for a trusted third party (the financial institutions) but instead, it's used to speculate. It can't be used for the daily needs and so can't be mass adopted. Thanks to the dev team(/sarcasm). As well when you see AXA investing in Bitcoin, you can start to smell the fire. I won't be surprised if in a near future another cryptocurrency takes the throne. I see another problem also: with all the regulations from governments taking place (taxes, bans, restrictions, etc...) the total control of money and the "be your own bank" slogan may be just out of the "dream" to a certain extent. If at the end of the chain there are governments, it is useless. I still see a huge potential for cryptocurrencies because Fractional Reserve Banking is Obsolete and the technologies behind cryptos are still valuable. I am not sure if this is a good comparison but look GNU/Linux. First came Debian, it wasn't perfect, it wasn't easy to use for the mass, but to help Ubuntu came, with improvements etc, Then from Ubuntu came the other forks, and the story goes on... What I mean is, GNU/Linux learned and improved with time and the community, etc. Maybe, cryptocurrencies are still too young for our dream. |
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When you say a "german account" I suppose you're talking about N26? Better I tell you a lot of people got their account terminated after receiving payments from an exchange like Kraken, so be careful it doesn't happen to you for sending, you never know...
Was it your first deposit? Because the first take a bit longer to get it credited, compared to others. Another reason could be that Kraken blacklisted your bank (there are banks not accepted due to frauds security) In this case they will send it back to you
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Peu importe le montant: Scan de ta piece d'identité + photographié par la machine (pas moyen de mettre la main devant l objectif pour cacher ta face)  |
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Gold is volatile, silver is volatile, the dollar as well. When you deal with a large amount a 1% decrease can represent a huge loss like it can represent a huge gain if it increases by 1%... Bankers at Saxo bank said in 2018 Bitcoin will reach $60,000 and then crash to what it should be: $1,000
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legaulois ?  please think again about what you wrote OP is asking for "maker fee" and then you say "there are fee... only as maker there aren't fees" and then you say "you wont find any..." Of course there are exchanges with 0% maker fee, cause they are still making money with the taker fee. @OP: I know: Gdax, Hitbtc, Cex.io LOL I see, I wanted to say there are fees (thinking about taker) but while writing I forgot the OP was talking as maker fees Sorry I was surely again with the vapors of the 1st Jan. |
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Weird that Visa decides this only after 6 months when Visa started to allow only European citizens, it would be better to stop everything directly. Some websites will close the shop and most other will struggle
OP, do you know the reason given by Visa, or have any link about this?
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I agree to add this if the moderator(s) lock/trash the threads actively.
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Not only it shouldn't count towards activity but it should be deleted directly. While I understand the administration wanted to make the boards to allow members to talk about something else than cryptos it's not topics that have a place in the Bitcoin forum.
There are some interesting discussions that can take place, but to be sincere how do you want to talk politic with teenagers
See, they prefer batman VS ironman
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CHINA/RUSSIA are rich, their money is real, and they have lots of gold
If a country is rich and own lot of gold it doesn't mean the citizens are rich, I am talking about Russia here, a lot of Russians live in poverty, the average full-time workers live in a destroyed city with an apartment looking like it's the same from the Soviet Union time. They create the biggest PONZI "TULIP MANIA" in human history, and get chinese/japan/korea/russian ppl to spend all their real money on SHITCOIN, of course the majority of BTC is still held PRISTINE by NSA, just like Ripple, just like Ethereum,
but they are not investing with lot of gold and money from the govt. ad mentioned above, right? Why have CHINA & RUSSIA not created their own BTC clones that supersede the wealth of USA's? BITCOIN
Isn't Russia thinking to create their own crypto? i think yes.... |
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