That proves strict regulation on cryptocurrency only could annoy regular user & stop lesser criminal, while other criminal are smart to use cryptocurrency without use exchange/services which could de-anonymize/freeze their funds. I'm more interested to see privacy-focused cryptocurrency usage on darknet, if chainalysis could do it Agreed. Also, the article mentioned that the 2nd popular cryptocoin used in the darknet is Monero. I assume they said that based on acceptance in the darknet, not from blockchain analysis hehehe. They are misinterpreting the data in that chart. There was a spike in spending in 2017, because the Bitcoin and other Crypto currency price was at a ATH. <People spend more Crypto currencies, when the price is high> So as the price declined, people spend less Crypto currencies on the DarkNet. Also remember that Bitcoin is not exactly ideal for DarkNet activities, because it is not as anonymous as other Crypto currencies like Monero and Dash for instance. How much money is spend on the DarkNet with stolen credit cards? I guess that would never be revealed, because the Banks and governments would hide those facts... right. Aside from the misinterpretation of the year 2017 chart, bitcoin was not the only coin used as payment on darknet I think the purpose was to target bitcoin through the creation of FUD for only the newbie of the darknet web site will still continue to use bitcoin as their payment despite all the claim which was said about tumbler site this and for bitcoin not been totally anonymous. I reckon there is no fud in the article. However, the skeptical me says that there is some promotion paid for by Chainalysis hehehe.
|
|
|
Too keep it alive, my prediction is $25,000 on behalf of our good friend Tom Lee's prediction for December, 2018. He predicts, I collect hehehe.
|
|
|
There is nothing stopping the darknet's growth. Also, with the G20 meeting together to add stricter regulations to control the cryptospace, the users might be forced to push their trades away from licensed exchanges and bitcoin, to the darknet and anonymous coins. A deja vu moment for the government hehehe. Bitcoin’s use in illegal online marketplaces peddling everything from drugs to child porn is on pace to set a record this year at more than $1 billion, according to a report by Chainalysis.
While the growth in illicit Bitcoin spending may be alarming, a major caveat is that the proportion of Bitcoin transactions tied to illicit deals is declining. Illegal activity has accounted for less than 1% of all Bitcoin activity so far this year -- down from 7% in 2012, according to Hannah Curtis, senior product manager of data at Chainalysis.Read in full https://www.bloomberg.com/news/articles/2019-07-01/bitcoin-criminals-set-to-spend-1-billion-on-dark-web-this-year
|
|
|
There are some very rare exceptions, however. In any case, this is another CNBC shilling of another cryptocoin exchange with complete instructions. Coinbase! They might be targetting Americans this time hehehe. It's easy to buy bitcoin if you want to see what owning it is like. And if the price sounds too steep, you don't need to buy an entire bitcoin just to participate in the market. You can purchase just a small fraction of one bitcoin.
This is not an endorsement to own bitcoin, and you should talk to a financial adviser if you want to make a big investment, but if you decide to participate in conversations about it or just want to understand a little more about how buying bitcoin works, check out the guide below.
Coinbase is one of the most popular options for buying bitcoin and other cryptocurrencies, so we'll start there.Read in full https://www.cnbc.com/amp/2019/06/27/how-to-buy-bitcoin.html
|
|
|
@bomj. I cannot answer that because I do not know if that is sarcasm, when you mentioned that The Telegraph as a serious and respected resource hehehe.
|
|
|
It was best race this season and one of the best races in few recent years. Verstappen had awful start, but then he performed amazing. But yeah, that accident with Leclerc left bad taste in the mouth and it's still under investigation. I'm not sure that he should be punished, it's very questionable moment. But I think that he didn't had to risk so much. He was faster than Leclerc and he probable would overtake him safely on next DRS zone. Leclerc again was very close from winning his first F1 race... Vettel today had good race. But it's worth to say that he lost too much time during one pit stop. EDIT F1 just announced that no further action on lap 69 incident, so Verstappen remains 1st
Agreed! After Sebastian retires after this season, Charles Leclerc will be Ferrari's driver no.1. This will be the beginning of a new rivalry between 2 young drivers for 2020. Ross Brawn's new storyboard is presenting itself hehehe.
|
|
|
500 dollars for Ethereum this year is not a dream. It can become a reality before autumn comes. July-August can become the growth months for ETH. There are many friends of mine who are investing in this alt now.
Some of my friend still investing ethereum for other reason, they waiting for eth 2.0. and that fact will be same this situation for growing up eth price on the market, i am agree about $500 become next month. However, if Vitalik and his team fails to deliver and release ETH 2.0 on the given date, would that imply that today's ethereum price does not give grounds on its real value per coin? The proposal itself to reboot the project is an admittance that they have failed in the present implementation.
|
|
|
The title doesn't sound correct, it is estimated that there's around 35 million users of exchanges, and most investors have more than 0.01 BTC are whatever is the limit, and not all exchanges have such high minimal withdrawal thresholds, so the number of affected investors should be much lower, maybe a few hundreds of thousands in worst case. And of course "can't sell" is also not correct, people always can make direct trades, or use currency converter services instead of the markets.
That is clickbait with some fud mixed in the article to scare the common people at the bottom, the people who need bitcoin the most, from buying and using it.
|
|
|
Agreed. However, who was the newbie? The viewers who had coins in Bitsane because they listened to CNBC or CNBC who recommended Bitsane hehehe?
I reckon CNBC would never promote Bitsane if the people behind their cryptospace news shows were competent.
Incredibly stupid for any long established entity to be recommending anywhere in such a fucked up space. If they want to hype they can still do it without naming names. If money did change hands, and I can't imagine any other reason why they'd nominate such a nothing fuckhole, then someone should be ending the day with a smacked botty. However, it cannot be done without naming names hehehe. I suspect that there are some corrupt people behind them that accept payments to shill. No one should trust mainstream news media.
|
|
|
@Naida_BR. That would be boring, I reckon. It would be more exciting to see the opening laps between Max Verstappen and Charles Leclerc hehehe.
|
|
|
Just put yourself in the mindset that Satoshi might have had when he created those "test" addresses and when he mined those coins in the early experimental year of Bitcoin back in 2009/2010. You release the code and nobody is taking it serious, so you start off by mining some coins and then showcasing how it works to people on anonymous platforms. It is a chaotic time and you are still ironing out the problems and answering people's questions and also trying to hide your real identity <because it is illegal in most countries to create your own currency> So what do you do? Record all the private keys and take the risk that you might get raided and that it might be held as evidence against you? Nah, I seriously think Satoshi mined those coins just to get things moving and he did not even bother to "archive" most of the private keys that he/she or they were generating. You can speculate, however, how certain are you that he never had copies of his private keys? Also, the solution to this unfair advantage would be to dilute the coins of the early miners by predictable, infinite emission.
|
|
|
Conventional wisdom says that if you are getting something for free, then you are the product, and this is especially true for investment advice - why would anyone give it for free if they can keep it to themselves and make more money? People often advice newbies to do their own research, but we see that many people are thinking that "making their research" means reading crappy news sites like CNBC, so maybe we should also tell newbies to be aware of shills that promote scams, and that even high-profile sites can be shills too.
Agreed. However, who was the newbie? The viewers who had coins in Bitsane because they listened to CNBC or CNBC who recommended Bitsane hehehe? I reckon CNBC would never promote Bitsane if the people behind their cryptospace news shows were competent.
|
|
|
I am going to take this one step further, because I think regulators are going to differentiate between "public" and "private" and also "permissioned" vs "permissionless" very soon. They need a way to protect their "permissioned" Blockchains and to regulate it in a way to give advantage to their own technology <GovCoins> and to slow down or possibly ban the "permissionless" or "public" Blockchain technologies. It will not be obvious in the beginning, but you will see "permissioned" technologies being boosted by governments and loopholes closed for other technologies. A ban on permissionless blockchains? The government and regulators will be creating their own problems similar to what the cryptospace has brought all over again.
|
|
|
Was it not avoidance of regulatory resistance where the cryptospace was founded? I reckon the FATF's plan will push some cryptocoin trading in exchanges with no KYC or the darknet, creating another free cryptospace. The governments will be back to a similar problem again hehehe.
|
|
|
I know the title is clickbait. I did not want to include that Bitsane was shilled on CNBC in my summary, however, this is cryptospace comedy, this needs to be shared hehehe. I am sorry to the people who lost their coins, however. There were some users based in America who already reported this to the FBI, according to the article. Irish cryptocurrency exchange Bitsane has pulled an exit scam and disappeared with hundreds of thousands of dollars in cryptocurrency belonging to its users, reports Forbes.
Bitsane’s website, which reportedly boasted 246,000 registered users, has been offline since (at least) June 17, when its Facebook and Twitter accounts were noted to be offline. LinkedIn accounts for key employees have also been scrubbed.
Sadly, Bitsane got its big break during 2017’s “crypto-mania.” When mainstream media outlet CNBC infamously “educated” readers on how to buy Ripple as its price approached all-time-high, it actually advised investors to purchase Bitcoin and Ethereum on Coinbase and exchange them for XRP using Bitsane.
Three of the five users Forbes spoke to heard about Bitsane through CNBC‘s article. The exchange was also reportedly featured on Ripple‘s website until recently.Read in full https://thenextweb.com/hardfork/2019/06/28/cnbc-shilled-cryptocurrency-exchange-bitsane-pulls-exit-scam-on-246k-users/
|
|
|
@jakelyson. It is a risk, however, maybe the extent of Kevin Durant's injury might not be that bad. His handler and his doctors know more than us.
|
|
|
Agreed. However, I know where they might have stolen this cryptocoin reboot idea. No, it is not from Vitalik and Ethereum 2.0, but from another coin because the rebbot might be a bitcoin 2.0. I suspect it also has the support of some bitcoin developers and contributors.
|
|
|
I needed some Tom Lee news but there was nothing about him saying anything about this dump. Is he hiding again hehehe? In any case, he said that the altcoin bulls will be the next to come. I reckon the bagholders will be happy hehe. It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs. In a recent tweet, Tom Lee, co-founder of Fundstrat Global Advisors, confirms that he believes the altcoin season is coming, and shared a post which highlights 9 small cap coins that are starting to post solid gains.Source https://bitcoinist.com/the-altcoin-season-will-come-says-fundstrats-tom-lee/
|
|
|
@Carlton Banks. Also, everyone should deactivate their Facebook accounts, not only because of the up and coming Libra scam. It is worse than television. It is brainwashing us in ways much easier and deeper than before and turns us into sheep. Facebook is having billions or users and they won't care if a few thousand accounts get deactivated. I would like to get some free Libra coins as promotional offer and I would later convert them to BTC or ETH. Let's treat Libra the same way as we treated Bitcoin Cash and Bitcoin SV. Just collect the freebies and exchange them for something more valuable. I don't have any BSV in my wallet right now. I have converted all of them to BTC long back. Would do the same to Libra as well. Why are you caring about Facebook? Care about yourself and your own freedom. Also, you can take it furthest by supporting and using good anonymous coins. Let us make it harder for the IRS to make a criminal out of innocent people like us hehehe.
|
|
|
Francis Ngannou should be fighting for a championship, I reckon, or fight a rematch versus Stipe. What is he doing, wasting his time and taking a risk with Junior dos Santos? He might lose!
Dana might also be protecting Daniel Cormier's legacy]/i].
Also, there are no sex kittens in this weekend's card hehehe.
|
|
|
|