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Showing 20 of 38 results by strocifer
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Topic
Board Tokens (Altcoins)
Re: [ANN][MANA]Decentraland Tokenized VIrtual Reality with Open Standards
by
strocifer
on 02/12/2017, 17:35:17 UTC
It reminds me of Second Life
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][AIRDROP & PRE-SALE] ZCashGOLD - ZCG -
by
strocifer
on 29/11/2017, 22:29:03 UTC
My gosh what a scam. Zlancer.net under construction... lol
Post
Topic
Board Altcoin Discussion
Re: Beware of Increasingly Sophisticated Malware Infection Attempts
by
strocifer
on 29/11/2017, 17:52:23 UTC
Thanks for the tips. Security is a big issue here since lots of us are using hot wallet to trade on sometimes exotic platforms...
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Topic
Board Altcoin Discussion
Re: Why etherium is rising significantly?
by
strocifer
on 28/11/2017, 16:08:24 UTC
Most of ICOs are currently on the Ethereum blockchain. So all the investors willing to participate in are buying ETH to exchange it against altcoins. Moreover transaction fees are currently lower on ETH and transfers are smoother.
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Topic
Board Bitcoin Discussion
Re: Offline Wallets Vs Online Wallets
by
strocifer
on 28/11/2017, 15:56:12 UTC
Hardware wallet will increase your security, but it will be more cumbersome to trade with.
Don't forget to note your crypto address somewhere else
Post
Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
strocifer
on 23/11/2017, 16:15:07 UTC
You will always have people telling you it is too late.
When BTC reached 340$ for 1st time back in 2013, plenty of guys were already saying the bubble would implose and it was too late to jump in.
When it reached 1000$: same thing
When it reached 3000$: everyone around me was saying it was crazy and it would crash soon...
The crypto market is just at an early stage and will keep rising for a while. You just have to pick up the right currencies.
Post
Topic
Board Legal
Re: List of court cases, complaints, regulatory actions, etc.
by
strocifer
on 23/11/2017, 15:53:07 UTC
Does someone know if there is any regulation regarding ICOs?
I have the feeling it's like jungle for now.

Hello,

Remember what is considered a Security.

Now for legal reasons, don't consider this legal advise. Do get with an attorney.

These should be considered my opinions only because of ........

If the digital currency, token, or crypto or whatever you want to call it,

1) Is being backed by any commodity or asset.
2) If it is offering ownership in a company
3) If it represents a vote in the company
4) If the person or entity that acquires it is guaranteed a return on his or her investment.
5) If you use the word investment, that can upset regulators.
6) If you promise interest to the coinholders.

Good Luck

Well done Sir:

Also consider whether the purchaser is looking for passive income, which could just mean appreciation in value, or whether the purchaser is going to take an active role. If the purchaser is investing to obtain passive income it is more likely a security.

If it is a security then you have to be registered as such with the SEC and have their okay to go ahead. Not a small task.

There are exemptions to being a security. One of them is to have only accredited investors.

Best:

George D. Greenberg, Esq.
www.attorneybitcoin.com


I am sure most of the token issued during ICOs are not registered wit the SEC or any other financial regulator, aren't they? So the protection for us willing to invest in such ICO is rather small.
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Topic
Board Legal
Re: Crypto and Switzerland
by
strocifer
on 23/11/2017, 15:46:44 UTC
Living in Geneva, I don't know any merchant or service proposing BTC as a payment method.
But you can trade on whatever crypto you want, plus your profit are not taxed (capital gains aren't taxed here).
I heard that in Switzerland there is a possibility to pay utility bills in bitcoins. Maybe not in all cities. I don't know. The fact that capital gains are not taxable is correct. When people Deposit their funds in banks they lend to the economy. It brings more benefits than the taxes that are inefficiently spent. Or keeping the money at home in the stash.

Indeed! I learnt today that you can buy you swiss train tickets with bitcoin.
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Topic
Board Bitcoin Discussion
Re: Bitcoin anonymity broken. You have to pay tax
by
strocifer
on 23/11/2017, 15:41:01 UTC
Now you have to flee to tax free heaven.
Panama papers, here we go again
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Topic
Board Legal
Re: Crypto and Switzerland
by
strocifer
on 18/11/2017, 20:46:49 UTC
The country is quite dynamic on crytpocurrencies.
The area around Zug is now called the crypto valley, plenty of blockchain-related start ups are settling there.
Not sure the earnings on crytpo are taxed as it was mentioned above. Earnings on stocks or fx are not taxed here except if it's your main activity. Should be the same for cryptos
Post
Topic
Board Legal
Re: Crypto and Switzerland
by
strocifer
on 17/11/2017, 12:44:24 UTC
Living in Geneva, I don't know any merchant or service proposing BTC as a payment method.
But you can trade on whatever crypto you want, plus your profit are not taxed (capital gains aren't taxed here).
Post
Topic
Board Legal
Re: List of court cases, complaints, regulatory actions, etc.
by
strocifer
on 15/11/2017, 12:02:27 UTC
Does someone know if there is any regulation regarding ICOs?
I have the feeling it's like jungle for now.
Post
Topic
Board Bitcoin Discussion
Re: 17$ for a transaction fee?!!
by
strocifer
on 15/11/2017, 11:58:38 UTC
Yes its very expensive, maybe you have done a mistake ?

No it isn't a mistake. At the time of the transaction, a big volume was traded and over 100 k transactions where pending on bitcoin, thus high time processing and cost. And you can note that, compare to the notional of the transaction (1.4 BTC) the amount is rather small actually.
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Topic
Board Bitcoin Discussion
Re: Nearly a third of people think bitcoin will collapse in the next six months
by
strocifer
on 14/11/2017, 22:09:05 UTC
All people who were willing to invest in bitcoin for an long time , but never did, are now praying for a downfall just because they are jealous. That makes your stat.
Post
Topic
Board Speculation
Re: Will Bitcoin hit $8k in December due to CME
by
strocifer
on 14/11/2017, 22:01:23 UTC
The fact that the CME will issue a future contract on BTC is a highly positive signal. It demonstrates that bitcoin is a trustworthy financial underlying, with enough liquidity and stability to be eligible for a Future contract.

It doesn't mean that the price will go up though: the value of bitcoin keeps depending on supply and demand; the price of the contract will follow its underlying. I would say that it might reduce the volatility of the currency since many investors will prefer to play on the future i/o the currency itself.
Post
Topic
Board Tokens (Altcoins)
Re: Ethereum Gold (ETHG)
by
strocifer
on 14/11/2017, 18:11:19 UTC
Ethereum Gold (ETHG)


What is Ethereum Gold?

         Ethereum Gold is a World's First Smart Mining Token. It is a project that promises to advance Ethereum's smart contracts to make them accessible in a wide variety of applications. The ETHG mission is to promote and support research, development, and education to bring decentralized financial tools to the world that empower investors to earn huge returns in the long run by investing in ETHG . Ethereum Gold use the ERC 20 protocol for peer-to-peer  transactions. All ETHG transactions will be recorded to the Ethereum Blockchain to ensure immutability and transparency.

         An advertent credence on Decentralized Apps by a lot many people has been evident.Secondly, an instantaneous transaction is most sought after. So, clubbing the two into one robust blockchain has always been a lucrative idea. Therefore, catching pace with the trends and quests, Ethereum Gold has been launched to meet the growing business aspirations of millions, empowering everyone with technology and simplicity for business concerns of any kind.


How to mine ETHG?

Create ETHG wallet on myetherwallet.com and buy some ETHG from Exchange or Our website. Download a Digital Mining Software for ETHG Mining. Rewards of ETHG mining will be add your ETHG wallet on the basis of your holding of ETHG.

How to Circulate ETHG Supply?

ETHG Supply is basically depends on Digital Mining Software (DMS). 70 Millions ETHG circulate in market by Pre-Sale and 140 Millions ETHG circulate in market by Digital Mining Software.


How to Circulate 140 Millions ETHG in market by DMS?

Every 5 Minutes generate a ETHG Block and the number of ETHG generated per block starts at 100 and is halved every 4,10,000 blocks (about four years). Rewards will distribute to DMS Miner.


website: www.ethg.io
Total Supply : 210000000
Symbol : ETHG
Decimal : 0
Contract Address : 0x78cb641ed233beea4827b8b148e4bf0b17289eca
facebook page : https://www.facebook.com/ethergold/
logo : http://server.myspace-shack.com/d23/8edcda38-cb71-4c77-a932-c8e6bc3fe9f8.png
Wallets : myetherwallet, metamask and jaxx

https://c-cex.com/?p=ethg-btc


Please, stay serious...
Post
Topic
Board Bitcoin Discussion
Re: what happens when all the bitcoins have been mined?
by
strocifer
on 14/11/2017, 15:57:31 UTC
thanks everyone for your comments, they are very helpful. Would it be fair to say that bitcoin is going to have to be tweaked a lot if it is going to be used as a successful currency in hundreds of years time?

Definitely BTC has to evolve in order to survive: either by changing the validation process so that the transactions become less costly in time and energy, or by creating a fork toward a much more efficient currency
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Topic
Board Bitcoin Discussion
Re: 17$ for a transaction fee?!!
by
strocifer
on 14/11/2017, 14:39:04 UTC
On your 1.4 BTC transaction it represents 0.18% of the amount you are transferring (with a BTC @ 6500$)
So it's not that big in relative value compared to fiat currency international transfer.
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Topic
Board Bitcoin Discussion
Re: what happens when all the bitcoins have been mined?
by
strocifer
on 14/11/2017, 11:13:46 UTC
hi, can anyone tell me how long it will take to mine all the coins and what will happen to the network
First off, the total supply of Bitcoin is 21million. Logic supposes that there is no way the whole 21m will ever be mined because some are already lost in transit either from untraceable transactions, death of owner or key lost. Therefore, what this means is that there will be scarcity of supply once the blockchain is completed. This scarcity will make demand for it loud and over the hook and price will go haywire.

This is true assuming the demand will be high at the time. How sure are you about that ?
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Topic
Board Bitcoin Discussion
Re: what happens when all the bitcoins have been mined?
by
strocifer
on 13/11/2017, 19:53:11 UTC
The most direct and obvious consequence of such an event, of course, is that the miners will no longer receive rewards for mining, which is, despite the considerable slowdown in the process of calculating blocks, the main part of the financial attractiveness of mining. Miners will receive only commission for transactions, which for many of them may prove to be economically unprofitable, i.e., simply will not cover their costs. Then, theoretically, a mass outflow of miners and an avalanche-like reduction in the number of computers on which the global block-chef system is maintained and, as a result, the destruction of the entire network or its centralization in the hands of the few remaining, which is a nonsense for a real crypto currency, can begin. But this, I repeat, under the existing protocol, but it can be changed.


Can the protocol be changed actually? Who can? Just asking 'cause i was wondering if it's possible...