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Cool, really looking forward to testing your product!
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That's the current "to be or not to be" question I think. But on the other hand I think VISA stuff will pull through - why would the bother setting all this up for a card with no VISA? I don't see the point.
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Yeah, that's what I do most of the time.
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But i still dont know how much will the price be when it comes on the exenge/market?
Whatever sellers decide. I will put my sell order at 0.5 BTC  Haha me 2  |
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Maybe this is a bit phylosophical topic, but the other day I was wondering at which Bitcoin amount it doesn't matter anymore if you're getting more Bitcoin, since you can't exchange it to fiat.
Example:
At the current price of app. 4500 $ per BTC you can exchange to fiat:
100 BTC = 450.000 $ / no problem
1.000 BTC = 4.500.000 $ / a bit of problem
10.000 BTC = 45.000.000 $ / a problem
100.000 BTC = 450.000.000 $ / a big problem
...
See where I'm going? And that's at the current price. I could get even more interesting when the price will be 10.000 $ per Bitcoin or even more.
How do you exchange 45M$? or 450M? So does it make any difference if you hodl 10.000 BTC or 100.000 BTC, since you can't exchange it to fiat anyway without raising suspicion, even if you're very well connected?
What would be the breaking or maybe maximum point of Bitcoin still exhangeable to fiat?
What's your take on that?
The few that have those problems, the whales, are not cashing out, I think they are waiting for the day they can buy stuff with bitcoin directly, if I remember correctly some markets of luxury good for bitcoin have been created so you could use your bitcoin to buy those and then sell them if you want fiat. I agree with the point - I too think that all the big hodlers wait for the times where you can buy directly with Bitcoin. |
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Will do!  |
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Hahahaha, if it hits 1 VIB = 1 BTC, I'm already a multi millionaire In first minutes on exhange I'm sure there will be someone who would buy it. The world is full of idiots Haha fingers crossed. |
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So far xrp has been my biggest loss, waiting patiently to recover so I can at least break even or make some profits...
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I know a few people who do that too, but I think it's more luck than anything else. I personly keep thr majority of my coins in cold storage, paper wallets etc and the trading amount on hot wallet. When I finish trading I always withdraw everything from exchange. This way I don't worry and I can choose any exchange I want.
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Hahahaha, if it hits 1 VIB = 1 BTC, I'm already a multi millionaire |
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From what I have looked around Proemtheus is the first team to propose an independent email.
For our team to have an independent email means:
- decentralized accounts
- keep all user data private
It also means that even if Proemtheus will cease to exist you can use our software to have an active email account.
Proemtheus will not be a platform in the way you are calling it, meaning it will NOT be a closed system, but rather a different email that works seamlessly with the current email but in the meantime offer unique features.
In the case of email the existing system simply cannot be changed/improved because this will mean to cut off all free service offering companies from the pool of user data you know as profile. From exploiting this resource they make profits.
Hope I have address all your comments
Seems great, looking forward to more info! Thank you. I guess we can count on you as a contributor Sure, as soon as we get something to test - I'm looking for something like this for a long time! |
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That's what I do, not in the same percentages, but yeah - it gives my some security and a substantial trading collateral.
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Huge number of small financial institutions issue Visa cards all over the world.
Why Monaco can't? Definitely, they will manage this.
Well, I work at visa and I can tell you right off the bat it ain't going to happen. If this is true, than we're in for a dive again |
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Thanks - I'll have a look at it.
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This turned out to be a nice debate I guess if one should own that an amount he'd find a way to cash under the radar... But in general I'd hodl and then if it would arise to insane amounts that I couldn't spend in a lifetime I'd of course make some anonymous donation. Though my wife says - there's never so much money that one couldn't spend |
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My bank also has the limit - 150.000 EUR; so my plan would be to cash out and invest in real estate to avoid possible risk involving crypto (I'd do that with a portion and keep the majority in crypto). The real estate would then generate additional revenue stream in fiat.
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Yeah, I agree, that you can do it gradually, or even to travel around the world and converting at BTC atms in different countries.
But I was thinking more about if you want to "legally" convert and also pay tax - everything by the book - but which bank can cash out 450 million Euro? or 1 billion? That could be a problem.
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Maybe this is a bit phylosophical topic, but the other day I was wondering at which Bitcoin amount it doesn't matter anymore if you're getting more Bitcoin, since you can't exchange it to fiat.
Example:
At the current price of app. 4500 $ per BTC you can exchange to fiat:
100 BTC = 450.000 $ / no problem
1.000 BTC = 4.500.000 $ / a bit of problem
10.000 BTC = 45.000.000 $ / a problem
100.000 BTC = 450.000.000 $ / a big problem
...
See where I'm going? And that's at the current price. I could get even more interesting when the price will be 10.000 $ per Bitcoin or even more.
How do you exchange 45M$? or 450M? So does it make any difference if you hodl 10.000 BTC or 100.000 BTC, since you can't exchange it to fiat anyway without raising suspicion, even if you're very well connected?
What would be the breaking or maybe maximum point of Bitcoin still exhangeable to fiat?
What's your take on that?
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How do you guys choose Cryptopay over similar service such as TenX? I'm currently weighting between the two and at the moment odds are in favour of Tenx (better fees, the team seems more engaged, etc). I'm curious of your opinions. Thanks!
I donīt think that TenX cards are already being shipped. Therefore Iīm not confident that you would receive a Tenx debit card in a reasonable timeframe (I could be wrong on this). On the other hand Cryptopay has been around for a long time and you can probably get a debit card within a few days. Why have you already restricted your choice to these two options? There are several other Bitcoin debit card providers. Thanks for your opinion. I'm weighing mostly with "project activity", general trust of the project and of course fees. As I wouldn't use the card to regularly (few transactions and few withdrawals per year), I don't want to pay high fees, but on the other hand I want to have my cryptos ready to be spent "right now". What other options do you recommend? |
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Is this crowd sale still live? There's still address on the website and countdown, but the news says cap was reached within minutes.. which one is it? Can i still invest?
No, it's phising site - just saw it. It has L instead of i in the URL. Avoid it! |
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