NXT :: descendant of Bitcoin - Updated Information

[Come-from-Beyond]

Random: In my research for current project for nxt I think I found Bcnext..In a 2012 thread he referenced a blockchain based coin he had been working on since 2010 with 1000tps, low cpu resource usage and parallel / meta chains...he also uses two spaces after a period coincidence??! thing is I don't think would be my place to disclose this information....

so the real question is satoshi ==bcnext??

I will give only one hint in phrase form if cfb promises to say yay or nay to the hint.

I explained why BCNext can't be Satoshi, but evil moderators deleted the whole thread I referenced there - https://bitcointalk.org/index.php?topic=345619.msg4873326#msg4873326

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[fmiboy]

Do we have a thread for those who deserve Dev Bounties from unclaimed Nxt?  I recommend the following allocation for dev:

l8oore (asset exchange) - 200k

We can add to these amounts in the future for ongoing projects.

I would like to see an asset exchange in action... cause i was going to implement it.
Since it is already done not sure if i will have to do so.

AE is not released yet, only on testnet. Am I right?

I have also started implementation, with few APIs that are released by 0.7.0e

[pinarello]

Random: In my research for current project for nxt I think I found Bcnext..In a 2012 thread he referenced a blockchain based coin he had been working on since 2010 with 1000tps, low cpu resource usage and parallel / meta chains...he also uses two spaces after a period coincidence??! thing is I don't think would be my place to disclose this information....

so the real question is satoshi ==bcnext??

I will give only one hint in phrase form if cfb promises to say yay or nay to the hint.

I explained why BCNext can't be Satoshi, but evil moderators deleted the whole thread I referenced there - https://bitcointalk.org/index.php?topic=345619.msg4873326#msg4873326

just say aye

[Ola]

Breaking...God help us:   http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

[Come-from-Beyond]

Random: In my research for current project for nxt I think I found Bcnext..In a 2012 thread he referenced a blockchain based coin he had been working on since 2010 with 1000tps, low cpu resource usage and parallel / meta chains...he also uses two spaces after a period coincidence??! thing is I don't think would be my place to disclose this information....

so the real question is satoshi ==bcnext??

I will give only one hint in phrase form if cfb promises to say yay or nay to the hint.

I explained why BCNext can't be Satoshi, but evil moderators deleted the whole thread I referenced there - https://bitcointalk.org/index.php?topic=345619.msg4873326#msg4873326

just say aye

I could say yay or nay but why do u think that I know the correct answer?

[BitcoinForumator]

Breaking...God help us:   http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

Reminds me of Napster times.

[cryptolawyer]

rofl. i completely missed that thread where i was mentioned like a dozen times

U should monetize ur reputation. If u were a fiat gateway operator for Asset Exchange, u would help the community a lot. I would accept dollars issued by u without any doubt. Think of such a business plz...

I was planning on being the silver bullion gateway but I could also do fiat.

Does anyone have any thoughts on US based fiat exchange? Seems you have all the FINCEN registration to go through.
What does localbitcoins do? Fly under the radar? I bought my first Btc in person from localbitcoins, from a daytrader literally on wall street.

I will gladly make myself available as a New York based fiat exchange, but trying to sort the legality.

Stop by the NY Bitcoin Center at 40 Broad on Monday night and throw some NXT into the mix. I was there last week and Doge was being traded alongside BTC.

If you do, I'll know who you are, and come over and introduce myself.

Hey CL

 What's the usual method of trading over there? fees?
 I would imagine offering NXT is a little harder, what with phone apps and wallets. Def need a laptop with you I assume?

I didn't actually trade myself when I went to check out the space; but there was a live auction going on with buyers and sellers trading  face to face. Plenty of space to sit down with a laptop and work the transfer if you find a counterparty.

[salsacz]

so the real question is satoshi ==bcnext??

nope, a few years ago bcnext said he doesn't use C

[cryptolawyer]

rofl. i completely missed that thread where i was mentioned like a dozen times

U should monetize ur reputation. If u were a fiat gateway operator for Asset Exchange, u would help the community a lot. I would accept dollars issued by u without any doubt. Think of such a business plz...

I was planning on being the silver bullion gateway but I could also do fiat.

Does anyone have any thoughts on US based fiat exchange? Seems you have all the FINCEN registration to go through.
What does localbitcoins do? Fly under the radar? I bought my first Btc in person from localbitcoins, from a daytrader literally on wall street.

I will gladly make myself available as a New York based fiat exchange, but trying to sort the legality.

Stop by the NY Bitcoin Center at 40 Broad on Monday night and throw some NXT into the mix. I was there last week and Doge was being traded alongside BTC.

If you do, I'll know who you are, and come over and introduce myself.

Hey CL

 What's the usual method of trading over there? fees?
 I would imagine offering NXT is a little harder, what with phone apps and wallets. Def need a laptop with you I assume?

I didn't actually trade myself when I went to check out the space; but there was a live auction going on with buyers and sellers trading  face to face. Plenty of space to sit down with a laptop and work the transfer if you find a counterparty.

In light of the localbitcoins arrest in FL, it will be interesting to see who shows up at Monday's event here in NY...

[Ola]

Random: In my research for current project for nxt I think I found Bcnext..In a 2012 thread he referenced a blockchain based coin he had been working on since 2010 with 1000tps, low cpu resource usage and parallel / meta chains...he also uses two spaces after a period coincidence??! thing is I don't think would be my place to disclose this information....

so the real question is satoshi ==bcnext??

I will give only one hint in phrase form if cfb promises to say yay or nay to the hint.

I explained why BCNext can't be Satoshi, but evil moderators deleted the whole thread I referenced there - https://bitcointalk.org/index.php?topic=345619.msg4873326#msg4873326

just say aye

I could say yay or nay but why do u think that I know the correct answer?

Because you communicate with bcnext and might know other info...I would agree that you may not know the answer, if the identity of the alias "bcnext" is all you know.

[Come-from-Beyond]

so the real question is satoshi ==bcnext??

nope, a few years ago bcnext said he doesn't use C

Do u have the link?

[salsacz]

so the real question is satoshi ==bcnext??

nope, a few years ago bcnext said he doesn't use C

Do u have the link?

I dont want to exploit his identity

[swartzfeger]

Breaking...God help us:   http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

Where the f*ck is the ACLU? (for non-USians, a group that supposedly defends and preserves individual rights)

This raises an issue I've been thinking about quite a bit... we all joke about having drinks on a beach in the Maldives if (when) Nxt goes lunar. Even exchanging small amounts will draw attention.

You want to exchange some of your NXT to buy a house ($150,000 USD). Instead of a lump sum, you exchange and deposit $5000/day for a month. Think you won't be getting a call or a visit?

Once the government figures out how to tax this we'll no longer be criminals.

[xyzzyx]

Breaking...God help us:   http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

Where the f*ck is the ACLU? (for non-USians, a group that supposedly defends and preserves individual rights)

Like vampires, they don't come in uninvited.

[Anon136]

Breaking...God help us:   http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

Where the f*ck is the ACLU? (for non-USians, a group that supposedly defends and preserves individual rights)

This raises an issue I've been thinking about quite a bit... we all joke about having drinks on a beach in the Maldives if (when) Nxt goes lunar. Even exchanging small amounts will draw attention.

You want to exchange some of your NXT to buy a house ($150,000 USD). Instead of a lump sum, you exchange and deposit $5000/day for a month. Think you won't be getting a call or a visit?

Once the government figures out how to tax this we'll no longer be criminals.

doesnt this mean its illegal to sell anything on craigslist? i mean would it be different if someone sold their bicoins on craigslist instead of localbitcoins? are bitcoins legally speaking any different from any other good that you might buy on craigslist?

[gimre]

Breaking...God help us:   http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

Where the f*ck is the ACLU? (for non-USians, a group that supposedly defends and preserves individual rights)

This raises an issue I've been thinking about quite a bit... we all joke about having drinks on a beach in the Maldives if (when) Nxt goes lunar. Even exchanging small amounts will draw attention.

You want to exchange some of your NXT to buy a house ($150,000 USD). Instead of a lump sum, you exchange and deposit $5000/day for a month. Think you won't be getting a call or a visit?

Once the government figures out how to tax this we'll no longer be criminals.

We have separate law for foreign currencies, and separate for what german calls https://de.wikipedia.org/wiki/Devisen (don't put it into translate, it'll return non-understandable crap).

I doubt that crypto currencies will be ever treated as currencies (as most countries requires currencies to be emitted by a Nation),
but I think they could be treated as "Devisen"

[xyzzyx]

doesnt this mean its illegal to sell anything on craigslist? i mean would it be different if someone sold their bicoins on craigslist instead of localbitcoins? are bitcoins legally speaking any different from any other good that you might buy on craigslist?

It's the dollar amount.  They ran up against anti-money laundering laws.

The feds have an amount ($10,000) and states and local jurisdictions may have their own laws on the subject too.

It's a mine-field for those of us in the US.

[pandaisftw]

yano the aliases?? are they something that could be sold in the future like domain names or are they just guna be for personal use or what??

Yes.

[Anon136]

doesnt this mean its illegal to sell anything on craigslist? i mean would it be different if someone sold their bicoins on craigslist instead of localbitcoins? are bitcoins legally speaking any different from any other good that you might buy on craigslist?

It's the dollar amount.  They ran up against anti-money laundering laws.

The feds have an amount ($10,000) and states and local jurisdictions may have their own laws on the subject too.

It's a mine-field for those of us in the US.

so then people buying cars for > 10,000 on craigslist are breaking the law?

[xyzzyx]

doesnt this mean its illegal to sell anything on craigslist? i mean would it be different if someone sold their bicoins on craigslist instead of localbitcoins? are bitcoins legally speaking any different from any other good that you might buy on craigslist?

It's the dollar amount.  They ran up against anti-money laundering laws.

The feds have an amount ($10,000) and states and local jurisdictions may have their own laws on the subject too.

It's a mine-field for those of us in the US.

so then people buying cars for > 10,000 on craigslist are breaking the law?

I don't believe so since a car is a physical good.  It has to do with money-for-money transmission/exchange.

Edit: I could be wrong about that, though, from reading the Wiki article it says *all* cash transactions over $10k.