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Author Topic: [ANN][Main] Bitcore- BTX - Partnership with JAXX and Magnum Wallet!  (Read 671280 times)
PortalM
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March 28, 2018, 09:52:56 PM
 #15081

Great news! General Bytes supports Bitcore in their ATM's.
Please, use it in your Twitter and Facebook.

All Bitcore promo images http://portalm1.imgur.com


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ciro1
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Bitcore (BTX) - Your Payment Coin


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March 28, 2018, 10:28:55 PM
 #15082

I'm going to look for a few people to join and install one of those ATMs in my city, hopefully the laws allows for it. Bitcore would be going all out in 2018.

     ╔═╗ ╦ ═╦═╔══╔══╗╔══╗╔══          OFFICIAL WEBSITE | TWITTER  | FACEBOOK
==== ╠═╝╗║  ║ ║  ║  ║╠═╔╝╠══ ====    OFFICIAL F.A.Q.  | TELEGRAM | TECHCHART    
     ╚══╝╩  ╩ ╚══╚══╝╚ ╚═╚══          10 MB, segwit, BTC -> BTX, airdrops +++
gwestcot
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March 28, 2018, 10:47:13 PM
 #15083

I'm going to look for a few people to join and install one of those ATMs in my city, hopefully the laws allows for it. Bitcore would be going all out in 2018.

Are you in the U.S?
keyzersoze
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March 28, 2018, 10:55:02 PM
 #15084

Sadly they are none of these ATM's in germany.
This!  Cry


EDIT; I've run in to the same issue where I live, only difference is that people here are far less active in crypto and I hardly ever meet anyone here on the forum that lives in the same Country as I do..

which country? maybe you are not alone Smiley

I'm in Sweden.. Only found others from Sweden here once or twice..

Nu får du FAAAAN ta o kamma dig mannen Wink

Hahaha! Alright.. Let's set up one of these atm's in Sweden and make sure to advertise BTX Smiley.

Sure, I might be up for it. Lets get through the airdrop and wait for the official launch of the ATM’s though.
I’m already reasearching locations and what is needed logistically Smiley


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  Semux uses 100% original codebase
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gwestcot
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March 28, 2018, 11:34:40 PM
 #15085

For all those that wish to setup ATM's in the U.S... Well it is pretty damn difficult. You first have to get a AML/KYC compliance program in place. The best ones to do this in the U.S is Joe Ciccolo from BitAML. The next thing you have to do is find a broker that will find banks that are actually willing to do business with you. This list of banks is very very small and they usually only deal with high dollar clients. The best person I found for this was Andy from Bankline. You will pay a pretty penny of a minimum of 1k per month in fees but he will make sure you have redundant bank accounts should an institution change their mind and quit banking with you. This happens quite often so its a good feature. The last major part is obtaining a federal license for being a money service business and your corresponding state license. These licenses will be in addition to all other generic business licenses and tax accounts you have to obtain for operating any sort of business. I can tell you that most of this is highly costly, time consuming, and very annoying. However, if anyone is still willing to proceed then below are the links to the necessary people you will have to contact.

https://www.bankline.com/

https://bitaml.com/
Hhampuz
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In the middle of every difficulty lies opportunity


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March 28, 2018, 11:49:15 PM
 #15086

For all those that wish to setup ATM's in the U.S... Well it is pretty damn difficult. You first have to get a AML/KYC compliance program in place. The best ones to do this in the U.S is Joe Ciccolo from BitAML. The next thing you have to do is find a broker that will find banks that are actually willing to do business with you. This list of banks is very very small and they usually only deal with high dollar clients. The best person I found for this was Andy from Bankline. You will pay a pretty penny of a minimum of 1k per month in fees but he will make sure you have redundant bank accounts should an institution change their mind and quit banking with you. This happens quite often so its a good feature. The last major part is obtaining a federal license for being a money service business and your corresponding state license. These licenses will be in addition to all other generic business licenses and tax accounts you have to obtain for operating any sort of business. I can tell you that most of this is highly costly, time consuming, and very annoying. However, if anyone is still willing to proceed then below are the links to the necessary people you will have to contact.

https://www.bankline.com/

https://bitaml.com/

Would it possible to set up sort of a company if you were to find 100 people interested in doing this, meaning one license could be purhcased but used by all 100 people as they operate under the same company?

I think that would be a great way to lower the costs (which I've heard can be up and above $100k). If you know, please share Smiley.

████████████████████████████
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.JOIN US - IT'S FREE! .
four199
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March 29, 2018, 12:25:16 AM
 #15087

I'm going to look for a few people to join and install one of those ATMs in my city, hopefully the laws allows for it. Bitcore would be going all out in 2018.
This is an idea, the job is very suitable and smart, wish you success
gwestcot
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March 29, 2018, 03:53:37 AM
 #15088

For all those that wish to setup ATM's in the U.S... Well it is pretty damn difficult. You first have to get a AML/KYC compliance program in place. The best ones to do this in the U.S is Joe Ciccolo from BitAML. The next thing you have to do is find a broker that will find banks that are actually willing to do business with you. This list of banks is very very small and they usually only deal with high dollar clients. The best person I found for this was Andy from Bankline. You will pay a pretty penny of a minimum of 1k per month in fees but he will make sure you have redundant bank accounts should an institution change their mind and quit banking with you. This happens quite often so its a good feature. The last major part is obtaining a federal license for being a money service business and your corresponding state license. These licenses will be in addition to all other generic business licenses and tax accounts you have to obtain for operating any sort of business. I can tell you that most of this is highly costly, time consuming, and very annoying. However, if anyone is still willing to proceed then below are the links to the necessary people you will have to contact.

https://www.bankline.com/

https://bitaml.com/

Would it possible to set up sort of a company if you were to find 100 people interested in doing this, meaning one license could be purhcased but used by all 100 people as they operate under the same company?

I think that would be a great way to lower the costs (which I've heard can be up and above $100k). If you know, please share Smiley.

Well potentially it could work if you called them employees or you could set up a parent company with multiple subsidiaries that other people run. You would have to talk to a lawyer that specializes in setting up business entities in your state. Honestly, the hardest part is the banks and not necessarily the regulations. Even for mining I was told to get an AML compliance policy even though FINCEN does not classify mining as a money service business. Basically, the banks are just be obstructive assholes.   
agostine
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March 29, 2018, 04:57:29 AM
 #15089

Sadly they are none of these ATM's in germany.
This!  Cry


EDIT; I've run in to the same issue where I live, only difference is that people here are far less active in crypto and I hardly ever meet anyone here on the forum that lives in the same Country as I do..

which country? maybe you are not alone Smiley

I'm in Sweden.. Only found others from Sweden here once or twice..

Nu får du FAAAAN ta o kamma dig mannen Wink

Har han någe hår tror du?  Wink
Ja me fram till 2012, fick nog.  Angry
Ni hittar mig i Filippinerna numera.  Grin

Peace
agostine
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March 29, 2018, 05:06:41 AM
 #15090

For all those that wish to setup ATM's in the U.S... Well it is pretty damn difficult. You first have to get a AML/KYC compliance program in place. The best ones to do this in the U.S is Joe Ciccolo from BitAML. The next thing you have to do is find a broker that will find banks that are actually willing to do business with you. This list of banks is very very small and they usually only deal with high dollar clients. The best person I found for this was Andy from Bankline. You will pay a pretty penny of a minimum of 1k per month in fees but he will make sure you have redundant bank accounts should an institution change their mind and quit banking with you. This happens quite often so its a good feature. The last major part is obtaining a federal license for being a money service business and your corresponding state license. These licenses will be in addition to all other generic business licenses and tax accounts you have to obtain for operating any sort of business. I can tell you that most of this is highly costly, time consuming, and very annoying. However, if anyone is still willing to proceed then below are the links to the necessary people you will have to contact.

https://www.bankline.com/

https://bitaml.com/

Would it possible to set up sort of a company if you were to find 100 people interested in doing this, meaning one license could be purhcased but used by all 100 people as they operate under the same company?

I think that would be a great way to lower the costs (which I've heard can be up and above $100k). If you know, please share Smiley.

Well potentially it could work if you called them employees or you could set up a parent company with multiple subsidiaries that other people run. You would have to talk to a lawyer that specializes in setting up business entities in your state. Honestly, the hardest part is the banks and not necessarily the regulations. Even for mining I was told to get an AML compliance policy even though FINCEN does not classify mining as a money service business. Basically, the banks are just be obstructive assholes.  

I know the banks will not see any cryptos except Ripple.
So that is why you haven't start mining?

Peace
agostine
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March 29, 2018, 05:21:33 AM
 #15091

Great news! General Bytes supports Bitcore in their ATM's.
Please, use it in your Twitter and Facebook.

All Bitcore promo images http://portalm1.imgur.com



Does this means that all 1460+ machines are integrated with BTX?

Peace
gwestcot
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March 29, 2018, 05:33:21 AM
 #15092

For all those that wish to setup ATM's in the U.S... Well it is pretty damn difficult. You first have to get a AML/KYC compliance program in place. The best ones to do this in the U.S is Joe Ciccolo from BitAML. The next thing you have to do is find a broker that will find banks that are actually willing to do business with you. This list of banks is very very small and they usually only deal with high dollar clients. The best person I found for this was Andy from Bankline. You will pay a pretty penny of a minimum of 1k per month in fees but he will make sure you have redundant bank accounts should an institution change their mind and quit banking with you. This happens quite often so its a good feature. The last major part is obtaining a federal license for being a money service business and your corresponding state license. These licenses will be in addition to all other generic business licenses and tax accounts you have to obtain for operating any sort of business. I can tell you that most of this is highly costly, time consuming, and very annoying. However, if anyone is still willing to proceed then below are the links to the necessary people you will have to contact.

https://www.bankline.com/

https://bitaml.com/

Would it possible to set up sort of a company if you were to find 100 people interested in doing this, meaning one license could be purhcased but used by all 100 people as they operate under the same company?

I think that would be a great way to lower the costs (which I've heard can be up and above $100k). If you know, please share Smiley.

Well potentially it could work if you called them employees or you could set up a parent company with multiple subsidiaries that other people run. You would have to talk to a lawyer that specializes in setting up business entities in your state. Honestly, the hardest part is the banks and not necessarily the regulations. Even for mining I was told to get an AML compliance policy even though FINCEN does not classify mining as a money service business. Basically, the banks are just be obstructive assholes.  

I know the banks will not see any cryptos except Ripple.
So that is why you haven't start mining?

Peace

No I am mining but you just cant do it as a LLC or corporation without jumping through all of the red tape. I will do it as a sole proprietorship, despite taxes being higher, until regulations are more clear and banks are not so damn scared.
overlordcoin
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March 29, 2018, 06:48:23 AM
 #15093

Anyone know, how many confirmations BITZ need to have on BTX to give ok for a deposit? (of btx)
klaaas
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March 29, 2018, 08:50:31 AM
 #15094

Does this means that all 1460+ machines are integrated with BTX?

When they update, yes !

https://www.generalbytes.com/support/
Version 20180322:
New Features:
BATM3/RCKit: Added support for TWD currency for dispensing.
Server: Added support for BitCore (BTX) coin 
cryptaxo
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March 29, 2018, 10:11:41 AM
 #15095

Anyone know, how many confirmations BITZ need to have on BTX to give ok for a deposit? (of btx)

it confirms in 10-20 minutes max, but there may be some delays from th eexchange side. it happens with exchanges. may take few hours otherwise better open support ticket.
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March 29, 2018, 10:18:36 AM
 #15096

This is how the market work. So many people dump their coins fear of price drop actually contribute to the price drop.
cryptaxo
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March 29, 2018, 10:28:13 AM
 #15097

This is how the market work. So many people dump their coins fear of price drop actually contribute to the price drop.

i have a feeling that by the end of april we can bag a lot of BTX near 50k satoshi. there is still nearly 40-50% airdrop left. so i expect the pric drop to 2/3 of the current market price atleast.
Hhampuz
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March 29, 2018, 10:34:27 AM
 #15098

This is how the market work. So many people dump their coins fear of price drop actually contribute to the price drop.

i have a feeling that by the end of april we can bag a lot of BTX near 50k satoshi. there is still nearly 40-50% airdrop left. so i expect the pric drop to 2/3 of the current market price atleast.

I believe that we will actually see a small increase here during the last weeks of the airdrop.. FOMO could be kicking in combined with a lot of great news around the corner (ATM's just one of them).. Time will tell though, I am hopefull however Smiley.

████████████████████████████
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.
MAJESTIC..
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..WIN 1 BITCOIN ON EVERY PREMIER LEAGUE MATCHDAY..
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cryptaxo
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March 29, 2018, 10:48:44 AM
 #15099

This is how the market work. So many people dump their coins fear of price drop actually contribute to the price drop.

i have a feeling that by the end of april we can bag a lot of BTX near 50k satoshi. there is still nearly 40-50% airdrop left. so i expect the pric drop to 2/3 of the current market price atleast.

I believe that we will actually see a small increase here during the last weeks of the airdrop.. FOMO could be kicking in combined with a lot of great news around the corner (ATM's just one of them).. Time will tell though, I am hopefull however Smiley.

i think binance/bittrex will list us near the end of 2Q 2018. though not sure about that, would also be a huge for the success of the project. More adoption/utility and big exchanges.
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March 29, 2018, 10:53:15 AM
 #15100

This is how the market work. So many people dump their coins fear of price drop actually contribute to the price drop.

i have a feeling that by the end of april we can bag a lot of BTX near 50k satoshi. there is still nearly 40-50% airdrop left. so i expect the pric drop to 2/3 of the current market price atleast.

I believe that we will actually see a small increase here during the last weeks of the airdrop.. FOMO could be kicking in combined with a lot of great news around the corner (ATM's just one of them).. Time will tell though, I am hopefull however Smiley.

i think binance/bittrex will list us near the end of 2Q 2018. though not sure about that, would also be a huge for the success of the project. More adoption/utility and big exchanges.

Awesome, I would love to have it on bittrex, it is my main exchange.
I had to sign up to cryptopia just for Bitcore Wink
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