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spike420211
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August 31, 2018, 12:18:21 PM |
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I believe that bounty managers should be responsible for finding dishonest bounty hunters and further their disqualification. Then the identification procedure will not be necessary.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Euroda
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August 31, 2018, 12:20:38 PM |
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Well for me it really doesnt have to have kyc you do not know where your private information will be going on it might be sell on the black market without knowing it is still much betted to be safe then sorry my friend
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Olaoye20
Newbie
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Activity: 91
Merit: 0
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August 31, 2018, 12:38:14 PM |
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Kyc is good because of those people you have not personally vetted with
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Vicodin
Full Member
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Activity: 226
Merit: 100
Power the World for FREE
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August 31, 2018, 12:53:57 PM |
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I consider that KYC is not necessary at all. Not important you buy tokens or participate in the bonus program. All serious companies did not carry out it at all.
Really? I participated in more than a dozen ICOs and I always had do undergo KYC. I always felt uneasy about it...there are so many scams and sometimes even experienced investors get trapped in a perfect looking project...and then they have your passport and can scam other people with this... |
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Cordwel
Member
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Activity: 250
Merit: 10
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August 31, 2018, 12:59:53 PM |
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Do we really need to submit our personal details to ICOs for buying the token or for participating in it's bounty and airdrop?
I always wonder why do we need to give our vital info to ICOs that most are not even likely to come on in crypto space and crypto is all about decentralization but submitting our info has made it look centralized to me.
There is no regulation in crypto yet so why should we give our details to unknow ico organizers, so claim to prevent some region in participating in the ico because of the country law but those ICOs comes from the same region and country that prevent their own citizen from participating, should we say they are using style to rob us or our details is being used for other purpose .
I think it's high time we all need to stop giving our details to ICOs if really the crypto is all about decentralized and their is no regulation in the world yet to really require such details, I will like to know everyone minds about the submission of our details in term of KYC .
For Bounty or Airdrop I think Big No because we don't pay anything so why do we need fill KYC? It is too risky. Our data can be stolen and used to a criminal.case. but to participate in ICO, maybe I can fill KYC but not with my passport or ID |
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AlenDel2
Newbie
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Activity: 196
Merit: 0
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August 31, 2018, 01:05:56 PM |
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KYC is the simplest procedure that is required of companies that conduct their SEC. Nothing wrong with that. Soon, when the crypt will be legally legalized, and it will be in our near future, then what will you do? Be afraid of more than the documents that you put in the banks and their copies)))
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george_hured
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August 31, 2018, 01:09:42 PM |
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In general, I do not think that this is really necessary, because I believe that it is KYC that is probably one of the greatest dangers in the real world. because it is KYC today that is the place where you leave your personal data. I think that this is a big threat to people.
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rommelo24
Copper Member
Newbie
Offline
Activity: 364
Merit: 0
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August 31, 2018, 01:19:57 PM |
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Do we really need to submit our personal details to ICOs for buying the token or for participating in it's bounty and airdrop?
I always wonder why do we need to give our vital info to ICOs that most are not even likely to come on in crypto space and crypto is all about decentralization but submitting our info has made it look centralized to me.
There is no regulation in crypto yet so why should we give our details to unknow ico organizers, so claim to prevent some region in participating in the ico because of the country law but those ICOs comes from the same region and country that prevent their own citizen from participating, should we say they are using style to rob us or our details is being used for other purpose .
I think it's high time we all need to stop giving our details to ICOs if really the crypto is all about decentralized and their is no regulation in the world yet to really require such details, I will like to know everyone minds about the submission of our details in term of KYC .
I do not like KYC. It is just not comfortable giving or sending your personal informationion to ICO's. There are so many things that they can do with this information. But we don't have a choice if they need this information. |
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Cryptocaster
Newbie
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Activity: 56
Merit: 0
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August 31, 2018, 01:55:21 PM |
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KYC is a bad idea for crypto. Everything worked fine without it. It is only useful for governments to control.
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biangkerok
Member
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Activity: 189
Merit: 10
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August 31, 2018, 01:59:28 PM |
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not crypto requires kyc I guess, but it will help the security system and a more structured progressively developed and refined. KYC only certainly will come in handy for logging and security system.
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Lucas777
Member
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Activity: 172
Merit: 10
Justice as a Service Infrastructure
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August 31, 2018, 02:02:25 PM |
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KYC in cryptocurrency is not required. and I think that KIS is another loophole for scammers not to fulfill their obligations.and no one knows yet how we use your data that you sent in.
Everything is correct. For the sphere of bounty it is an extra reason not to pay the one who will not be able to undergo this procedure. And who passes those, then can find the documents in the merged bases at black forums and who knows who and why them will use. |
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HARITE
Newbie
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Activity: 42
Merit: 0
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August 31, 2018, 02:13:00 PM |
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KYC is necessary. However, I think that it is not necessary except for expensive transactions. I would like to solve that it is impossible to use it unless it has a well-developed infrastructure environment.
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erox
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August 31, 2018, 02:14:59 PM |
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I think that KYC is needed in crypto, because this is another step towards the legalization of cryptocurrencies and their adoption in society. Besides, what's wrong with the government knowing about your coins? It can't take them away from you.
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daenarys_stormborn
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August 31, 2018, 02:16:27 PM |
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I think KYC is really needed in Crypto, whether it's in ICO or the Bounty Campaign, because Crypto is very anonymous, so it is necessary to know clearly who the people are participating in, besides that KYC is also used to avoid multi account and restricted countries
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cchub
Full Member
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Activity: 560
Merit: 101
Migranet ITO
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August 31, 2018, 02:17:36 PM |
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KYC is a bad idea for crypto. Everything worked fine without it. It is only useful for governments to control.
KYC is not crypto, don't you forget it! This is centralized governments trying to kill crypto, of course! |
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Russlenat
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August 31, 2018, 02:29:37 PM |
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For me I also don't like KYC in crypto because it is against my well to give any of my information online, it is a risk also because we don't know if someone can stole that data and used it for their bad intention or to scam other people.
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bonyaserg
Jr. Member
Offline
Activity: 1876
Merit: 5
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August 31, 2018, 03:37:55 PM |
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I believe that it is always necessary to pass KYC as this will save you from fraud. Order and rules should be in everything so we work with finances and where money should be order in everything.
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aceptamosbitcoin
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August 31, 2018, 03:40:29 PM |
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I think that KYC is needed in crypto, because this is another step towards the legalization of cryptocurrencies and their adoption in society. Besides, what's wrong with the government knowing about your coins? It can't take them away from you.
KYC has nothing to do with legalisation. Some regulations are needed, but they have to be about creating ICO, not the investors. KYS is just a declaration and has no real value. But create opportunity for dishonest managers. |
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StarwarsGaechka
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August 31, 2018, 09:48:25 PM |
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i think it's normally, becouse most people do not want to use the crypt for their intended purpose ... but does illegal work with it. It's normal if y clear without law.
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patispace
Member
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Activity: 183
Merit: 11
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September 01, 2018, 05:19:35 PM |
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Nobody is obliged to accept the terms and conditions that each ICO has to invest in their tokens, since each project is based in different countries and they are obliged to comply with the requirements of each country.
Personally, I think it is an appropriate step towards the regularization of the market that is not necessarily inappropriate, because it would mean an open door for the attraction of institutional capital.
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