[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000

[crowetic]

FYI:
NY state has just implemented regulations on virtual currencies.
Long and dry;

http://www.dfs.ny.gov/legal/regulations/adoptions/dfsp200t.pdf

Any exchange operating from NY needs a license and compliance officer; excerpt:

Section 200.3 License
(a) License required. No Person shall, without a license obtained from the superintendent as provided in
this Part, engage in any Virtual Currency Business Activity. Licensees are not authorized to exercise fiduciary
powers, as defined under Section 100 of the Banking Law.
(b) Unlicensed agents prohibited. Each Licensee is prohibited from conducting any Virtual Currency
Business Activity through an agent or agency arrangement when the agent is not a Licensee.
(c) Exemption from licensing requirements. The following Persons are exempt from the licensing
requirements otherwise applicable under this Part:
(1) Persons that are chartered under the New York Banking Law and are approved by the superintendent
to engage in Virtual Currency Business Activity; and
(2) merchants and consumers that utilize Virtual Currency solely for the purchase or sale of goods or
services or for investment purposes.

Well, we'll see how this will be adopted by other states/countries.

Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Time to move to the US.

[bitladen]

Time to move to the US.

you know... I'd start another bounty, but I'm afraid they're gonna suspend my account for this one  

anyhow, us is semi-gay about this, move to germany, that's way better

[haitch]

Time to move to the US.

you know... I'd start another bounty, but I'm afraid they're gonna suspend my account for this one  

anyhow, us is semi-gay about this, move to germany, that's way better

Hmmm..... good beer, but too many Germans there ..... 

[BurstBurst]

Great News. Very BIG PUMP is Coming. Train is leaving ...

[Irontiga]

Time to move to the US.

you know... I'd start another bounty, but I'm afraid they're gonna suspend my account for this one  

anyhow, us is semi-gay about this, move to germany, that's way better

Hmmm..... good beer, but too many Germans there ..... 

Neewwww Zealand or Australia....they never gonna do anything about crypto

[haitch]

Time to move to the US.

you know... I'd start another bounty, but I'm afraid they're gonna suspend my account for this one  

anyhow, us is semi-gay about this, move to germany, that's way better

Hmmm..... good beer, but too many Germans there .....  

Neewwww Zealand or Australia....they never gonna do anything about crypto

so transfer my coins back to one of the motherlands then?

[bitladen]

Great News. Very BIG PUMP is Coming. Train is leaving ...

You're supposed to put the wall on buy list, I think you got this wrong.

Make like 10 BTC wall @83 but on buy list, right?

[bitladen]

what? now you make it 14? you troll!!! You have 15 million to dump don't you? Guess what! Nobody's buying it

[tyz]

That shows how large the fear of a mass exchange from Rubel to crypto currencies is. it could the Russian currency bring to fall.

Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Yeah.. they've been threatening for a while now.  Luckily not as many Russians in crypto.

Wonder how well a miner clone coin "Russia coin" would do

[mafostedu]

May be something like this can attract more users towards Burstcoin,

https://bitcointalk.org/index.php?topic=735170.msg11549570#msg11549570

[bobafett]

-[PROMO]- Second Burstcoin.de Asset
Asset with 50% Monthly Payout oft the Pool Fee / Highly Secure, whats about 1% interest per month

Info about the asset look here: https://bitcointalk.org/index.php?topic=731923.msg11495348#msg11495348

For every 100 assets you buy until the 07th of June 2015, you get 5 assets for free.
If you are a miner at my pool, you get additional 1 asset per 100 bought free.

Just buy and PM me here with your BURST ID, the number of assets you bought with time and date. I will transfer the free assets to your account.

Have Fun!

Bonus assets transfered.

[Blago]

That shows how large the fear of a mass exchange from Rubel to crypto currencies is. it could the Russian currency bring to fall.

Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Yeah.. they've been threatening for a while now.  Luckily not as many Russians in crypto.

Wonder how well a miner clone coin "Russia coin" would do

Not really, it's Russia!
Using cracked (pirated) software - up to 5 years in prison (the law).
At the same time, 90% of users use unlicensed (cracked) software
So with cryptocurrency (buy/sale) will be all the same. Nothing changes, we will just less discuss it in the forums and twitter.

[bitladen]

Not really, it's Russia!
Using cracked (pirated) software - up to 5 years in prison (the law).
At the same time, 90% of users use unlicensed (cracked) software
So with cryptocurrency (buy/sale) will be all the same. Nothing changes, we will just less discuss it in the forums and twitter.

Unless they go crazy, and fuck you over, you are at their mercy.
Anyhow I had a better opinion on Russia. Still this is only a fine for crypto, so I guess it discourages the small players, but the big sharks have nothing to be concerned of.

[numbertech]

Doesn't look good here. More like a large dump soon ...

[mczarnek]

Doesn't look good here. More like a large dump soon ...

Trying to buy in cheaper?

[clipman77]

Not really, it's Russia!
Using cracked (pirated) software - up to 5 years in prison (the law).
At the same time, 90% of users use unlicensed (cracked) software
So with cryptocurrency (buy/sale) will be all the same. Nothing changes, we will just less discuss it in the forums and twitter.

Unless they go crazy, and fuck you over, you are at their mercy.
Anyhow I had a better opinion on Russia. Still this is only a fine for crypto, so I guess it discourages the small players, but the big sharks have nothing to be concerned of.

Russia has always been a rotten country, it continues to fall further in my eyes.

[VadimK]

-[PROMO]- Second Burstcoin.de Asset
Asset with 50% Monthly Payout oft the Pool Fee / Highly Secure, whats about 1% interest per month

Info about the asset look here: https://bitcointalk.org/index.php?topic=731923.msg11495348#msg11495348

For every 100 assets you buy until the 07th of June 2015, you get 5 assets for free.
If you are a miner at my pool, you get additional 1 asset per 100 bought free.

Just buy and PM me here with your BURST ID, the number of assets you bought with time and date. I will transfer the free assets to your account.

Have Fun!

My ID BURST-6LM8-HGJA-MBJ5-43UU9, Asset Id 3101115594843807035, date 03/06/2015 04:02:16, Quantity 100, Transaction 10362652020907996105.
Will be waiting for 5 assets.

[catbref]

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Looks like comrade Putin is after you Blago, you're most wanted.
It puts you in the same bucket as gays... you know spreading information and stuff.

Not that I say you're gay, but Putin does

Can you imagine the trouble Blago would be in if he was gay, mined GayCoin and told people about it?
Someone at the FSB or KGB (or whatever it's called) would have a hernia!

[catbref]

May be something like this can attract more users towards Burstcoin,

https://bitcointalk.org/index.php?topic=735170.msg11549570#msg11549570

TL;DR: sponsored game tournaments with payouts in cryptocurrency

I'd be happy to throw some Burst at this but we'd need a decent-sized tournament - not made up of people from this thread!
What do people think of adding a 1,000,000 Burst reward to an existing prize in an existing competition?
(and an Irontiga-special 3D Burst keyfob? do you still do those, 'tiga?)

[Irontiga]

May be something like this can attract more users towards Burstcoin,

https://bitcointalk.org/index.php?topic=735170.msg11549570#msg11549570

TL;DR: sponsored game tournaments with payouts in cryptocurrency

I'd be happy to throw some Burst at this but we'd need a decent-sized tournament - not made up of people from this thread!
What do people think of adding a 1,000,000 Burst reward to an existing prize in an existing competition?
(and an Irontiga-special 3D Burst keyfob? do you still do those, 'tiga?)

Bro, let's do this. I think they'd be kewl right I would willingly add to the prize.