581
|
Other / Serious discussion / Re: Is Blockchain technology becoming obsolete?
|
on: February 25, 2018, 10:12:56 PM
|
The blockchain is just getting into mainstream use and we are sure going to be using it in for everyday use , besides comparing these new projects to bitcoin is not the best comparison as bitcoin is a first generation blockchain product which isnt all perfect but good news is that its soon getting an upgrade to bring faster and cheaper transactions. As for energy consumption thats pretty much a project for miner makers to solve this problem.
|
|
|
582
|
Bitcoin / Bitcoin Discussion / Re: Why People Can Not Believe Bitcoin
|
on: February 25, 2018, 09:35:29 PM
|
I think some people find it hard to believe in bitcoin because they are simply not tech savvy or they are miss informed about it!
Am pretty sure if they knew that the same bitcoin they are so afraid of has made some people millionaires, if they choose to change their minds they just might be the next millionaires.
|
|
|
583
|
Alternate cryptocurrencies / Speculation (Altcoins) / Re: EtherDelta is dead, long live the ForkDelta
|
on: February 25, 2018, 05:50:17 PM
|
Etherdelta are struggling with issues from two weeks and aren't reacting at all.
Today Coinmarketcap.com changes EtherDelta with ForkDelta in their Market list tab. This will cost EtherDelta most of the remaining traffic.
I have never heard of forkdelta until today and am surprised at how identical the two exchanges are and ED has not come to its full functionality for a long time am starting to think ED and FD are one and the same and let us not forget we have idex which is also a good exchange. What do you think? Is ED dead now or they will recover eventually? this will depend on how popular ForkDelta will turn out.
|
|
|
584
|
Bitcoin / Press / [2018-02-25]Original Pizza Day Purchaser Does It Again With Bitcoin Lightning Ne
|
on: February 25, 2018, 01:01:01 PM
|
Original Pizza Day Purchaser Does It Again With Bitcoin Lightning NetworkLaszlo Hanyecz, the man that completed the world’s first documented Bitcoin (BTC) transaction for a physical item in 2010 -- 10,000 BTC for two pizzas -- has now bought two more pizzas using the Bitcoin Lightning Network. Hanyecz posted on the Lightning-dev mailing list today, Feb. 25, that he had to get his friend in London to “sub contract” out the pizza delivery to a local pizza place in order to pay on the Lightning Network, because “pizza/bitcoin atomic swap software” is yet unavailable. However, according to Hanyecz, the transaction still “demonstrates the basic premise of how this works for everyday transactions. It could just as well be the pizza shop accepting the payment directly with their own lightning node.” The original BTC-pizza transaction took place on May 22, 2010 and has been celebrated as Bitcoin Pizza Day ever since. There is a Twitter feed dedicated to a daily posting of what 10,000 BTC equals according to that day’s market value -- today’s value is tweeted as $97,560,750. This time around Hanyecz paid 649000 satoshis, or 0.00649 bitcoins, which equals around $62 for both pizzas. In order to receive the pizza, Hanyecz decided that the best way to prove he had paid for it was to show the driver the first and last four characters of the hex string of his Lightning payment hash preimage, and if it matched with what the driver had, he would get his pizza. Hanyecz posits the pizzas as prizes to be received only if the lightning transaction can be done successfully, writing that if he couldn’t show the driver the pre-image, “the pizza would not be handed over and it would be destroyed.” The trial was a success, Hanyecz got his pizzas, but he added that “it's probably not a good practice to share the preimage.” READ MORE https://cointelegraph.com/news/original-pizza-day-purchaser-does-it-again-with-bitcoin-lightning-network
|
|
|
589
|
Alternate cryptocurrencies / Altcoin Discussion / Re: ICO Is Really A Good Investment or Not?
|
on: February 22, 2018, 07:51:40 PM
|
Hello, Friends...
I Recently listen about the ICO (Initial Coin Offerings)!But I'm confused, Is it a Right Investment or Not?
Anyone Suggests me!
If you have the right strategy yes, ICOs can be considered good investments if you pick the right ones and you invest the right amount, do not invest 20 dollars and expect reap a million dollars, it could happen but thats not the best approach, if a project is good and offering bonus tokens buy their tokens while the are discounted as this could be your jackpot.
|
|
|
591
|
Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: ETHERDELTA IS DOWN, HALF OF MY FUNDS ARE THERE, WHAT SHOULD I DO?
|
on: February 22, 2018, 04:03:36 PM
|
ED is always like that. Always have problems with the user. I have lost 4 ETH from ED. and I gave up on it. Very bad exchange and hacked several times. advise you after the token is recovered. Please stop using it
how you loss 4 ETH from ED? because of you got mistake when you bid someprice there or hack? We need more information from dicechain on how he lost 4 Eth as this information can prevent other people from being the next victims of such Hope he didn't lose money because of a bad trade and all this should be because of the planned upgrades on ED.
|
|
|
593
|
Bitcoin / Press / [2018-02-20] Israel Tax Authority: Bitcoin is Property, Not Currency
|
on: February 20, 2018, 11:28:38 AM
|
Israel Tax Authority issued a professional circular on February 19 (4 Adar 5768), clarifying the country’s tax policy on cryptocurrencies in general and bitcoin in particular. “Bitcoin and its like” are discussed in what’s referred to as a “final circular” on crypto and value-added tax (VAT) along with capital gains. Israel VAT Good News on Crypto“The Tax Authority’s position, which was expressed in the past, is [bitcoin is] a property, not a currency,” the Israeli agency clarified upfront. Israel is the economic jewel of Southwest Asia, routinely ranking alongside countries many multiples its size in terms of innovation and output. Punching above its weight in cryptocurrency as well, the country has grappled with bitcoin since at least 2013 in one form or another. Openness to the decentralized currency idea extends all the way to its current Prime Minister. Its tax policy might be not only a regional trendsetter but a world model. Going forward, “For purposes of income tax – in accordance with the circular, a distributed means of payment is an asset, and therefore a person whose activity as aforesaid does not reach a business is only entitled to capital gains tax and the person whose activity in the field reaches a business (trade in a distributed method of payment and / Such a measure), tax will be paid as any business activity,” the circular noted, suggesting it was speaking to the Israel Securities Authority (ISA) policy as well. READ MORE https://news.bitcoin.com/israel-tax-authority-bitcoin-is-property-not-currency
|
|
|
594
|
Bitcoin / Press / [2018-02-19]Wyoming Introduces New Bill To Exempt Crypto From Property Taxation
|
on: February 19, 2018, 10:04:46 PM
|
A new tax bill has been introduced in the Wyoming state senate on Feb. 16 that would exempt virtual currencies from state property taxation, and suggests an effective date be provided for the tax exemption implementation. Wyoming Senate Bill 111 was introduced by senators Ogden Driskill, Tara Nethercott, and Chris Rothfuss, along with representatives Tyler Lindholm, David Miller, and Jared Olsen. All are Republicans with the exception of Senator Rothfuss. The bill received 26 “ayes,” from a mixture of Republicans and Democrats, 3 “nays,” all from Republicans, and 1 “excused.” This Republican and Democratic backed bill comes as a growing bipartisan movement of US lawmakers are calling for more crypto regulation. The bill is short and to the point, proposing a list of “intangible items” that should qualify for property tax exemption, like fiat currency, gold, cashier’s checks, and “virtual currencies.” Virtual currencies are defined as anything that digitally represents value as a medium of exchange or unit of value, and as well as not being recognized as legal US currency. Taxation requirements for cryptocurrency profits in the US are a relatively grey area, with US citizens’ crypto assets being subject to federal property and payroll taxes. However, the personal finance service Credit Karma reported that only 0.04 percent of customers reported their crypto assets to the US Internal Revenue Service (IRS) in 2017 as of Feb. 13. source https://cointelegraph.com/news/wyoming-introduces-new-bill-to-exempt-crypto-from-property-taxation
|
|
|
595
|
Economy / Services / Re: USA users: Participate in ICOs. Use my KYC
|
on: February 19, 2018, 05:14:27 PM
|
This is the new problem that KYC creates for ICOs and a more obvious reason why we had crypto developed good initiative op but unfortunately if two people want to invest in the same ICO then it means first come first serve for them unless OP has other ways to go about such a situation.
|
|
|
596
|
Economy / Gambling discussion / Re: Why kyc is even required?
|
on: February 19, 2018, 02:11:53 PM
|
Most casinos like fortunejack require kyc if you win a huge amount some sportsbook also ask for kyc Why is this even necessary bitcoin gambling exist so that we can gamble anonymously and not pay any tax on our winnings or hide our identify if we win a huge amount then why do many sites still ask for kyc Is it even fair?
KYC as you have said only applies on certain gambling sites and for some it applies when certain wagers are triggered or certain amounts of money is to be withdrawn and all this depends on which country the gambling house is located and what laws it adheres to. why do many sites still ask for kyc kyc is a way to avoid huge fines when the law visits these gambling houses.
|
|
|
597
|
Bitcoin / Press / [2018-02-19]New Platform For Social Media Influencer to Increase Views and Save
|
on: February 19, 2018, 11:21:54 AM
|
New Platform For Social Media Influencer to Increase Views and Save EarningsPATRON, a Japanese Blockchain-based platform, intends to transform the social influencer market by eliminating intermediaries taking a large share of profits. The company has partnered with Orlando’s Switchboard Live, allowing users to publish a single live stream on different platforms and grow the audience. Broadcast all at onceThe company is developing a sharing economy system which could work similar to Airbnb, with ‘hosts’ purchasing influential posts, Cointelegraph previously reported. Additionally, PATRON’s smartphone application allows social media influencers to stream live videos simultaneously to more than ten different platforms including the leading social media such as Facebook Live, Periscope, YouTube. This system could give PATRON users a way to increase views and grow their audience. Getting listedAccording to PATRON, the company is celebrating the fact they are now going to be listed on HitBTC, one of the leading cryptocurrency exchanges. This means they will have increased publicity and also will be able to charge a liquidity premium for their token. A liquidity premium is the price markup that results from a security being more easily traded. Illiquid goods like real estate and physical assets are valued as less because of the increased risk that comes from their liquidity. HitBTC is a European-based cryptocurrency exchange that has been in operation since 2014. They boast a significant amount of currency pairs and are now delving more into dealing with alt-coins. The listing of Pat coin on their service could help PATRON’s reach spread and increase the amount of money they raise in their Pre-ICO and ICO. Long-term goalOn Feb. 14, 2018, PATRON will begin their Pre-ICO, and on March 1, 2018, they will open up their public sale. This part of the fundraising stage is all about raising the money necessary to achieve their long-term goals. With the rise of companies like Instagram, Snapchat and Youtube, personalities can reach more people than ever. And with reach comes an ability to sell things. The whole influencer market is based on these personalities helping companies advertise their products in exchange for compensation. According to PATRON, the market is currently quite opaque- it is not easy for influencers to find clients. This created the business of being an agent and connecting these two parties, but with this comes fees that can add up. PATRON aims to become the company that disintermediates agents and provides a new means for the influencer market. The company intends to use the money from their ICO to hire the developers necessary to build the application and protocols that will be used on their platform. Additionally, they want to build a San Francisco presence so they can benefit from the network effects that occur there. source https://cointelegraph.com/news/new-platform-for-social-media-influencer-to-increase-views-and-save-earnings
|
|
|
598
|
Economy / Services / Re: Bounty / Signature Campaign Estimator
|
on: February 19, 2018, 10:42:14 AM
|
Nice tool you have dev legendster but I see a field like Reserve { Row 30} is this one necessary for bounty allocation or you have another one without this entry? Oh and dev does this come with a bot to count posts for the sig campaign to avoid crediting stakes to users that didn't make the cut
|
|
|
599
|
Alternate cryptocurrencies / Bounties (Altcoins) / Re: Change rules in bounty programs.
|
on: February 18, 2018, 08:16:07 PM
|
How do you feel about the fact that in some bounty companies change the date of delivery of reports. Change the amount of coins. In general, at the height of the advertising company do what they want. I am amazed at this dishonest game. What is your opinion?
if failing to follow rules means a bounty participant is penalized by not getting stakes then the same should happen for bending some rules by penalizing the bounty company especially if they have no reason for changing total stakes and the alike, but then again it would be unfair for the company to pay a full amount if a campaign was scheduled to run for a month and only goes for a week then a change of stakes is justifiable.
|
|
|
600
|
Economy / Service Discussion / Re: Paid too much, what happens now?
|
on: February 18, 2018, 07:49:06 PM
|
Kudos to you for going through all this trouble to try to fix the problem. I guess many would just have taken the bitcoins and run I agree few would have acted like him i guess Op is acting in good faith if he is able to withdraw his bitcoins then i suggest you get your btc of 0.05 btc to a wallet you have full control of and leave what has been overpaid to you so that support can fix this but 2.3 btc isn't a small amount, support should have responded by now
|
|
|
|