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But the price of NWC had not reached to any maximum, from longer period. It's means, the potential of coin was reduced or stable?
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Institutional cryptocurrency platform Bakkt will begin testing its first product, physically-delivered bitcoin (BTC) futures on July 22, the company announced in a blog post on June 13. Bakkt, which has seen multiple delays over regulatory compliance since its original announcement in August 2018, will offer futures as the first in a series of offerings, full details of which remain unclear. “On July 22, two days after Apollo 11’s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and cleared at ICE Clear US,” chief operating officer Adam White wrote in the blog post, adding: “This is no small step. This launch will usher in a new standard for accessing crypto markets. Compared to other markets, institutional participation in crypto remains constrained due to limitations like market infrastructure and regulatory certainty.” https://cointelegraph.com/news/bakkt-names-launch-date-for-bitcoin-futures-testing I wonder when the next launch date will be. It would be nice if Bakkt posted somewhere all the regulatory hurdles that they are jumping so that the public can see what the government is doing and making companies go through. Could be a use case for future companies looking to do something similar and cut down on the timeframes of these launches. |
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Aside from the rewording/repost from an article that you did, if you are really interested in looking at the carbon footprint of mining what do you propose? Have you looked into how "green energy" can improve the mining carbon footprint? Have you looked into new ways of mining hardware configurations? The point of the article was to say that mining takes a lot of energy, your rewording spouts that mining takes a lot of energy without giving anything back. What's your solution if this is your way of thinking?
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There will be multiple hurdles for you to accomplish the arbitrage that you're thinking of. Aside from Coinbase not allowing that (ultimately) you will have to register with FINCEN; FINRA; and the SEC as a money transmitter (for federal) then you'll more than likely have to register with your state (dependant on the state you live in). There will be KYC that you will have to comply with as well (which is a pain). On top of that if you want to have some measurement of protection so that you're personal assets will be minimally harmed you would have to form a company to deal with all of that and taxes that will come from it (yes taxes will hit you hard here with all the transfers that will happen). Capital gains tax will more than likely eat at your profits if the fees don't from LBC and Coinbase. And if you do have a bank that will do business with Coinbase (not all of them will) then you would eventually have to explain where the money from Coinbase is coming from, if not to the bank then the IRS when you get audited.
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this misunderstanding about Chinese and their control over bitcoin has been around for a very long time and when you write a long essay about it, that still doesn't make it true. it is still the same flawed discussion that has been discussed a million times here.
What in the hell are you talking about? Ten years ago BITCOIN-ASIC chips didn't exist, BTC was mined on PC's, on the motherboard, on the CPU Today 99% of all BTC mining is done on ASIC, and CHINA owns 100% of the foundary's that make the ASIC chip's for CRYPTO, all crypto including Bitcoin. That is the point of the article. CHINA owns BITCOIN, by virtue of the fact, they own the miners that mine them, and they mine first 10:1 ratio over the west, or any other customer, BITMAIN is king of all Crypto on earth. 51% my ass, one of the biggest lie's in the bitcoin community is how everybody ignores the 500LB gorilla that controls +90% of all mining ( server transaction ) Please pray-tell you read the article ... https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9bBefore you commented? And all that has to happen with a project is re-writing the code to make it ASIC resistant (for that coding anyway). ASICs were used because they are specialized chips used for 1 thing....and they figured it would be perfect for mining. Yes in China it's easier and cheaper to manufacture ASICs, doesn't mean that they have all the mining (or control the world, as is your premise). China does have a goal to become the dominant country in the world, not a secret. If you don't like companies/people in China controlling the majority hash power, do something about it other than spouting a bunch of nonsense. Create/help create more mining pools outside of China. Find ways to manufacture ASIC chips, to be profitable as well, if you so deem. Talk to project devs to see if you can get the coding changed to become ASIC resistant for that project (or become a project dev and do it yourself). Just sayin mate  |
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Not all of "us" are keeping up with the price of Bitcoin as if it were a stock. There are those of "us" that use Bitcoin as intended to purchase things and use it as it was intended. Try to keep that in mind when using "us" as a collective. There are a bunch of noobs that are treating Bitcoin as a stock, especially after 2017. But it's up to those that know what Bitcoin is and how to use it to educate the uninitiated so that the "mass adoption" phase can kick in correctly and not the way that wall street and the banks want it to. Yes the "smart money" and banks are controlling the PR piece and touting Bitcoin as more like a stock, that's where the uninformed come in and try to get a piece of the action. When they "lose" they feel that Bitcoin isn't worth anything and then they get out thinking that Bitcoin and cryptocurrencies are nothing more than another tulip mania.
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You're correct in that cryptocurrencies, and Bitcoin, have and can change our financial system. In my opinion for the better. Though you are a bit sporadic in your thoughts in your post OP. What point were you trying to make? Where were you going with your post? Millennials are tech savvy as users, most of them, but for those of us that are on the cusp we understand both the "old way" of thinking and the tech.
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PM me with a price that you are willing to pay and, if good enough, I'll answer your questions for you to get whatever you are out of this.
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Tried this out and I like the graphics and game play of it. Is there any word from the dev of getting listed on more exchanges for wider distribution and easier convertibility? I think it would be great to be able to move off of mobile as well, could expand the client base. Either way, great job of putting it out there for players to use and get crypto.
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For me it would depend on how well you are at gambling. If you're doing ok then stick with crypto to get the profits in the denomination. If you're great at it, then with these depressed prices go to fiat and then convert to crypto at a discount. Things are rough, been almost a year on the downturn, but eventually the added coin that you pick up from your fiat winnings will come back and give you a good return. Who knows when the bleeding will stop, maybe beginning of next year. You sound like you have a good strategy though, just don't lose the majority of your crypto on the bets.
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User: baradfo
Postion to Apply: Full
Posts Start: 227
Address: 18qddXWguf9rr7hrwDPDvsqhcUruByn1Vn
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Who is your target client list? Banks are heavily regulated throughout the world and the dream for cryptocurrencies is to be able to operate without banks. So what would be the point of creating yet another bank? I know that traditional banks are not friendly towards those that deal with cryptocurrencies and that might be the impetus that spurred you to ask this. I also know that there is a company out there that is trying to create a "bank" that is friendly towards cryptocurrencies and still be able to comply with regulations. Either way, still too much governmental red tape for me.
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Are you trying to raise awareness of Bitfury? They've been around for a while now and several older people know of them. What exactly are you trying to accomplish with this post OP?  |
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My own personal and humble opinion would be that the mBTC or smaller hasn't been more adopted due to the volatility that Bitcoin still has. Once it is more stable I'm sure that the mBTC or smaller would be adopted more in line with what the dollar and/or euro would be equal to, or any other currency denomination. The fluctuation of where the dollar is at compared to BTC could change drastically in a few hours and keeping it in the BTC standard is the easiest way to keep track of it. But that's how I see things.  |
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The CIA and NSA, like all of the other 15 elements of the National Intelligence Community, collect and analyze foreign intelligence related to US national interests and disseminate finished intelligence products to foreign policy decision makers in the federal government.
Bitcoin is not part of that picture.
Did you watch a movie about Snowden? Snowden was a hack.... |
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I also noticed there is a massive silicon shortage, maybe due to crypto usage and solar panel usage.
Few investors want to back my solar powered factory for processing silicon dioxide ore into silicon though. The US could export to China and Europe or use it for it's own production of silicon.
So what are your stats on the solar powered factory of yours? Where are you located at? I could be interested in some investment if the numbers are there and everything is right. |
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I see a few "ifs" that could stop this idea moving forward. First is that "Bitconfirm" would have to be a trusted company for the two parties involved, whomever they would be. Also, the banks would have to be knowledgeable to this activity and allow it. Yes, there are banks that allow data checks and such that are out there but dealing with crypto banks tend to be standoff-ish. Either way it's an intriguing idea for ways on converting crypto to fiat.
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have you tried coinpayments.net?
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Great advices!!! Would you handle multiple fiat currencies into this exchange?
I'll start from crypto currencies, because it's the easiest part and then get into fiat currencies. I'm doing research about Estonia company, they have two licenses that easy to get. But I didn't contact Estonia lawyers yet. In this time there needs to be an easier way for the crypto/fiat transition in order for crypto to be seen as currency by the masses and not just a commodity that the establishment is touting it as.
This project would go far into the adoption of such if it focused on that as well. I know that you and your team are focusing on the exchange portion atm to get up and running, and I wish you luck with that. I would suggest that if you focus on the contactless payment options for multi-fiat exchange as well and not just on crypto exchange you would go far.
You must have enough money to connect crypto and fiat worlds. I can't run contactless payments without fast exchange to fiat. So the first step is to make exchange, gain trust and get enough trading volume. Then i'll be able to build and promote fast payment with cryptocurrency. So right now my main focus is exchange and after that wallets and FAST contactless payments (no one wants to wait 10 mins untill BTC transaction complete). Another observation would be to attempt divorcing some of the more older/stable ALTS from BTC to stand on their own. That has been something lacking in the space as well. I also believe that would help advance the idea of crypto as currency in its own right. I look forward to your project and to see where it goes. If you have any questions in particular PM me.
I still can't PM. I'm newbie on this forum. Can you post here list of old/stable ALTS that on your opinion should be 'divorced' from BTC? IMHO as to the older/stable ALTS I would go with LTC/XMR/DASH/ETH for a start, eventually moving on to the other ALTS that aren't based on another coin/tokenized from another coin, i.e. erc-20 coins on the ETH chain. But that's just my opinion. It is your company, your call  . If not PM me here you could email me. I agree with everything else you've put forward in response, starting from Estonia makes sense then moving on to the EU in general from there. |
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