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Author Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info  (Read 759154 times)
delphs
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July 14, 2014, 04:28:31 PM
 #11661

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

BTC: 1JB4Gq82DM3WUsdkU3TPzU2haFbxCJgJss / WC: WT8gbDPdQUcjDq6gWg9N7w3q4AazUAy3g7 / WDC: WkzvC4YVC3nCzDW9BhFLtWk7YJhtgXQR6G / Addie: delphs Rep Thread: https://bitcointalk.org/index.php?topic=397706.0
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cryptoangel
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July 14, 2014, 04:30:33 PM
 #11662

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

Did you miss a '0' ?.

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ROLLBIT●  Instant Deposits & Withdrawals
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surfguy72
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July 14, 2014, 04:50:50 PM
 #11663

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

Did you miss a '0' ?.

Yeah 50000 sat would be awesome  Grin


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ryanb
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July 14, 2014, 04:51:07 PM
 #11664

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

Are we expecting something major in the next 4 months?

https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
WhiteNotWright
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July 14, 2014, 04:55:30 PM
 #11665

If we are taking screenshots, I like this one more  Grin



https://bitcoinwisdom.com/markets/cryptsy/wcbtc


pretty sure that is a crypsty issue lol

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July 14, 2014, 04:57:06 PM
 #11666

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

Are we expecting something major in the next 4 months?

I'd say you could attribute it to a growing sense in the community that our continued hard work will add up. We're running a multi-prongued and decentralized operation that runs the gambit between development, mainstream media engagement, political engagement, and engaging with the wider cryptocurrency industry.

For myself, I think that as we continue to work out the kinks in our official community driven model, people will come to see WhiteCoin as one of the few cryptos truly embracing the fundamental concepts of our industry like decentralization and giving the end user a say in how the coin is maintained and operated.  

President - The WhiteCoin Foundation | contact: chris@whitecoin.info
surfguy72
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July 14, 2014, 04:58:39 PM
 #11667

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

Are we expecting something major in the next 4 months?

I'm biased as I'm apart of the team.  So yes lol

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cryptoangel
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July 14, 2014, 04:59:51 PM
 #11668

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

Are we expecting something major in the next 4 months?

I'm biased as I'm apart of the team.  So yes lol

A new logo competition for July ?.

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ROLLBIT●  Instant Deposits & Withdrawals
●  Rakeback & Level Up Bonuses
●  Live Customer Support
█▀▀▀▀▀











█▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀█











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surfguy72
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July 14, 2014, 05:02:21 PM
 #11669

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

Are we expecting something major in the next 4 months?

I'm biased as I'm apart of the team.  So yes lol

A new logo competition for July ?.

You don't like the new one just selected?

My next goal is getting a weekly newsletter team of sorts, so we can ensure everyone is informed

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RJF
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July 14, 2014, 05:18:37 PM
 #11670

in the wake of recent vrc fiasco (vrc dev conspiring with mintpal to save their hides and rolling back entire blockchain), this dependence on "exchanges" goes against the idea of decentralization.
technically speaking how hard would it be to implement decentralized p2p exchange directly in wallet?


Already being done by CRD:  https://bitcointalk.org/index.php?topic=634403.0

Everyone interested might want to watch this project and see how it goes....  Disclaimer: I hold some CRD as well as LOTS of WC!  Smiley

DNotesVault
“First, they ignore you. Then, they laugh at you. Then, they fight you. Then you win!” – Mahatma Gandhi 
Prepare for your future now, check out CRISP For Retirement and our complete family of CRISP savings plans.
Khelgaar
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July 14, 2014, 05:20:05 PM
 #11671

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

Are we expecting something major in the next 4 months?

well, first off... major thing is that this coin is yet alive, for what is befallen on it in couple of months ago . Smiley Now for the community and WCF is to bring something big/major to this coin. For sure there are some great ideas and I do hope soon enough, will come the time to implement them.

As Mogonzo said ``WhiteCoin as one of the few cryptos truly embracing the fundamental concepts of our industry like decentralization and giving the end user a say in how the coin is maintained and operated. ``

Stick with us for awhile  Wink

Cheers
B.
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July 14, 2014, 05:38:35 PM
 #11672

in the wake of recent vrc fiasco (vrc dev conspiring with mintpal to save their hides and rolling back entire blockchain), this dependence on "exchanges" goes against the idea of decentralization.
technically speaking how hard would it be to implement decentralized p2p exchange directly in wallet?


Already being done by CRD:  https://bitcointalk.org/index.php?topic=634403.0

Everyone interested might want to watch this project and see how it goes....  Disclaimer: I hold some CRD as well as LOTS of WC!  Smiley

Thanks for posting.  Something to keep a very close eye on.

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WhiteNotWright
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July 14, 2014, 06:08:08 PM
 #11673

Are we going to see 5000 satoshi any time soon?

give it 4 months IMO

Are we expecting something major in the next 4 months?

I'm biased as I'm apart of the team.  So yes lol

A new logo competition for July ?.

lol

"Give me fuel, give me FIBRE, give me that which I desire."
https://twitter.com/whitenotwright
ryanb
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July 14, 2014, 07:09:59 PM
 #11674

At what point should I invest in WC?

current values are all great long term entry points. as for short term you just don't daytrade with this kind of volume, that would be a waste of time and also not very smart.
take position, ignore fudders that crawl into every page here trying in vain to scare people out of their coins, come back in a couple of months to enjoy profit.

anyway, less and less wc for sale, mintpal reserves dropping everyday by hundreds of thousands. soon there will be less than 10% of total supply available for trading Grin

I transferred over 240K+ from mintpal to my wallet yesterday.


https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
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July 14, 2014, 07:15:31 PM
 #11675

Hey everyone, we just sent out a press release to the Canadian Media regarding bill c-31. Transcript inbound.

Thank you to everyone who helped gather addresses, research, edit, and create this!

President - The WhiteCoin Foundation | contact: chris@whitecoin.info
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July 14, 2014, 07:16:57 PM
 #11676

Bitcoin Legislation Potentially Disastrous for Growing Canadian Tech Sector

Concerns continue to mount in the cryptocurrency sector over the Harper Government’s approach to Bitcoin. Bill C-31 contains many potential implications to crypocurrency users, spread throughout various acts in dense legislation. While in spirit most of these developments were expected and not troubling for the international industry, the ambiguity of these rules has generated disastrous results for Canadian end users.

New rules could cause thousands of foreign registrations with FINTRAC

Under Bill C-31 and new money laundering rules, in order for a Canadian to sell any cryptocurrency to someone across borders, both parties could be required to register with FINTRAC as a money services business first. Not only will this most likely create a bottleneck of services at FINTRAC, it will discourage current and potential users from working with the Canadian sector.

Chris Salsman, President of The WhiteCoin Foundation, believes this could stifle Canada’s participation in a growing international industry.

“This is an eight billion dollar and growing business, and I fear we could see a migration offshore. Vault of Satoshi is a widely respected Ontario based bitcoin exchange, but why would any international user do business with them if they could be forced to jump through lengthy bureaucratic hoops? This demonstrates a completely backwards and dismissive approach to crypto by the Canadian Government. Vault of Satoshi is registered with FINTRAC and requires users to identify themselves fully to conduct transactions, and that should be enough.”   

Canadian Bitcoin Related Bank Accounts Frozen

Dozens of Canadians have had their accounts frozen by nervous banks uncertain of what demonstrates a suspicious cryptocurrency transaction.  Under these rules banks are not permitted to have relationships with ‘unregistered money service businesses’, which could potentially be interpreted as any Canadian who sells a cryptocoin and then tries to deposit the proceeds into a bank account without first being registered. There is total ambiguity as to if they will apply only to exchanges, or include bitcoin miners, buyers, or even just someone who accepts payment for service in bitcoin. Mr. Salsman understands why banks are concerned.

“Until there is clarification as to what a ‘dealer in virtual currencies’ is, banks are naturally responding this way out of fear of being found non-compliant, and the end result is many Canadians having their bank accounts unfairly frozen. ”

Bill C-31 Could Impede Canada’s entry to $8 billion & growing sector

Despite these difficulties in Canada, the bitcoin and cryptocurrency sector continue to grow. Mr. Salsman believes the real threat here is to the Canadian technology sector.
“I’ve met many industry innovators from across this country, all of whom believe cryptocurrency represents an amazing opportunity for a struggling Canadian tech sector.  A Bitcoin or WhiteCoin is really just an encrypted proof of work chit, which means its potential applications go far beyond just payment transfer. A cryptocurrency technology based password protection service was recently launched; while this business would present no vehicle for money laundering, they too could be considered ‘dealers in virtual currencies’. Why would this industry choose Canada as a place to do business if that’s the case?”

Lack of consultation with industry breeds distrust

Despite the Federal Ministry of Finance claiming to be open for comment for months, there has been no understood outreach. This lack of communication with the industry and its users is troubling to say the least, but Mr. Salsman is hopeful it can still turn around. “Money laundering is a serious concern, and we’d be more than happy to work with Canadian Legislators to help create laws that address it while fostering the growth of this innovative sector.”

President - The WhiteCoin Foundation | contact: chris@whitecoin.info
surfguy72
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July 14, 2014, 07:19:33 PM
 #11677

Bitcoin Legislation Potentially Disastrous for Growing Canadian Tech Sector

Concerns continue to mount in the cryptocurrency sector over the Harper Government’s approach to Bitcoin. Bill C-31 contains many potential implications to crypocurrency users, spread throughout various acts in dense legislation. While in spirit most of these developments were expected and not troubling for the international industry, the ambiguity of these rules has generated disastrous results for Canadian end users.

New rules could cause thousands of foreign registrations with FINTRAC

Under Bill C-31 and new money laundering rules, in order for a Canadian to sell any cryptocurrency to someone across borders, both parties could be required to register with FINTRAC as a money services business first. Not only will this most likely create a bottleneck of services at FINTRAC, it will discourage current and potential users from working with the Canadian sector.

Chris Salsman, President of The WhiteCoin Foundation, believes this could stifle Canada’s participation in a growing international industry.

“This is an eight billion dollar and growing business, and I fear we could see a migration offshore. Vault of Satoshi is a widely respected Ontario based bitcoin exchange, but why would any international user do business with them if they could be forced to jump through lengthy bureaucratic hoops? This demonstrates a completely backwards and dismissive approach to crypto by the Canadian Government. Vault of Satoshi is registered with FINTRAC and requires users to identify themselves fully to conduct transactions, and that should be enough.”   

Canadian Bitcoin Related Bank Accounts Frozen

Dozens of Canadians have had their accounts frozen by nervous banks uncertain of what demonstrates a suspicious cryptocurrency transaction.  Under these rules banks are not permitted to have relationships with ‘unregistered money service businesses’, which could potentially be interpreted as any Canadian who sells a cryptocoin and then tries to deposit the proceeds into a bank account without first being registered. There is total ambiguity as to if they will apply only to exchanges, or include bitcoin miners, buyers, or even just someone who accepts payment for service in bitcoin. Mr. Salsman understands why banks are concerned.

“Until there is clarification as to what a ‘dealer in virtual currencies’ is, banks are naturally responding this way out of fear of being found non-compliant, and the end result is many Canadians having their bank accounts unfairly frozen. ”

Bill C-31 Could Impede Canada’s entry to $8 billion & growing sector

Despite these difficulties in Canada, the bitcoin and cryptocurrency sector continue to grow. Mr. Salsman believes the real threat here is to the Canadian technology sector.
“I’ve met many industry innovators from across this country, all of whom believe cryptocurrency represents an amazing opportunity for a struggling Canadian tech sector.  A Bitcoin or WhiteCoin is really just an encrypted proof of work chit, which means its potential applications go far beyond just payment transfer. A cryptocurrency technology based password protection service was recently launched; while this business would present no vehicle for money laundering, they too could be considered ‘dealers in virtual currencies’. Why would this industry choose Canada as a place to do business if that’s the case?”

Lack of consultation with industry breeds distrust

Despite the Federal Ministry of Finance claiming to be open for comment for months, there has been no understood outreach. This lack of communication with the industry and its users is troubling to say the least, but Mr. Salsman is hopeful it can still turn around. “Money laundering is a serious concern, and we’d be more than happy to work with Canadian Legislators to help create laws that address it while fostering the growth of this innovative sector.”


Great work!

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tevayo
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July 14, 2014, 08:16:49 PM
 #11678

At what point should I invest in WC?

current values are all great long term entry points. as for short term you just don't daytrade with this kind of volume, that would be a waste of time and also not very smart.
take position, ignore fudders that crawl into every page here trying in vain to scare people out of their coins, come back in a couple of months to enjoy profit.

anyway, less and less wc for sale, mintpal reserves dropping everyday by hundreds of thousands. soon there will be less than 10% of total supply available for trading Grin

I transferred over 240K+ from mintpal to my wallet yesterday.



Other 600000 to the wallet.
Now go up when the market it sees fit.
No rush to WC and I'm sick of scam coins.
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July 14, 2014, 10:43:56 PM
 #11679

That's awesome^^^^

Our release about Bill C-31 is also on the front page of /r/bitcoin right now on reddit. IMO if we can work with other coin communities like this and get our voices heard, it's only more exposure for WhiteCoin, let along contributing to a very important discussion.

President - The WhiteCoin Foundation | contact: chris@whitecoin.info
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July 14, 2014, 11:54:54 PM
 #11680

That's awesome^^^^

Our release about Bill C-31 is also on the front page of /r/bitcoin right now on reddit. IMO if we can work with other coin communities like this and get our voices heard, it's only more exposure for WhiteCoin, let along contributing to a very important discussion.

excellent news!
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