How do you plan to reward bounty participants who can not pass KYC due to their country of origin?

Saw this on Powtoken's twitter page today,

"Caution: This account is temporarily restricted
You’re seeing this warning because there has been some unusual activity from this account. Do you still want to view it?"

Anyone know what unusual activity this message alludes to?

It's a question you have to ask now.  Does this ICO require participants to KYC now or in the future?

I have started a few bounties and after a few weeks participation they announce there will be a KYC.  It's really disappointing when this happens and there is no recourse.  What can you do?  You have just helped promote a ICO and without warning they add this big or even insurmountable hurdle if you are from a blacklisted country.  If you ask them they will say, "well we did stipulate we can change the rules whenever we want.  By participating you tacitly agreed to are terms."

I do not believe Cryptopia compares to Kucoin and especially not to Binance.

Binance is the exchange.  It is the lambo in this race.  There CEO is a wunderkind.  Transparent and when they say they intend to have the best customer service I actually believe them.  They truly are an international exchange having numerous locations globally.  This last point is important.  A one country ban or a European Union ban would effect most exchanges dramatically(Cryptopia based in New Zealand).  Binance would still be operational.

I am not saying Cryptopia will not turn into something special but it wasn't too long ago that they almost shut down.

There have been rumors from the beginning that the US Government founded Bitcoin.  The US have a luke warm feeling towards Bitcoin.  As long as they can track it(which they can) and collect taxes on it(which they now do) they are content.

The world economy is tied to the US economy more so than any other country.  US economy goes up so does the world and the opposite is true as well.  It is kind of like the Bitcoin of the world economy.

A government shut down does not mean politicians stop getting paid or the military disbands, nothing crazy like that.  Although a government shutdown sounds bad it really does not have any negative economic repercussions(short term).  

There is some truth to this statement. 

Some Centralized authorities are warming up to the idea of a decentralized ledger.  However, not just anyone will be allowed to have access to the ledgers. 

I recently read about the EUs study on blockchain technology.  They believe in implementing blockchain but only if a central authority runs the decentralized ledger. lol.

On the other hand...

99% of the cryptocurrencies have no working product.   Ripple is one of the few techs out there that has been implemented by established institutions(if only as a test). 

Hello fellow bounty participants.

 I recommend you contact the the bounty manager at support@rentberry.com.  You do this to see if your submissions are being accepted.  Also you can learn if your social media accounts are considered valid according to rules set forth by Rentberry.  Plus any additional questions you may have.

Hi guys!

I have had no contact with anyone from UT or the manager of this campaign but I found this post on the ANN thread.

I prefer to keep my coins on different platforms and ofc physical wallets are preferred but I am not a stickler on that point when it comes to ease of access.

Have you heard the saying don't put your eggs all in one basket? 

Cryptocurrency will never match the security of a brick an mortar bank from the 20th century.  Mistakes happen.  Developers are not perfect and bugs are a reality.  Hackers find and exploit these bugs for their benefit.  But most likely it will be some sort of user error.  Keeping all your private keys and passphrases on a laptop, open a webpage and viola you have just installed a malware program and lost all of your files and soon your cryptocurreny.

I find the most stable/reliable wallet for a particular cryptocurrency and keep my funds there(ease of access like I mentioned).  Same goes for my backups.  I keep them in different places using different mediums of storage.

Governments exist to rule the people.  They need the money of there citizens and anyone else that does business in there country to accomplish this.  They found out they are not getting there money from these exchanges.

For example 40% of Ethereum trade happens on Korean exchanges.  That is billions of dollars a day, the taxes related to this trading is poorly regulated.  They are loosing money.  Losing money equals losing power.  What Government would allow that?

Do you actually think Bittrex and Poloniex will still be in business in a few years.  Wait till the US does their raids.  Dollars to donuts there are ongoing investigations for all major exchanges in the developed world.

Bitcoins worth is not its USD equivalent value.  Its value is estimated in the use of its technology.  Peer to peer electric cash not peer to centralized exchange.

If you want that power.  Hold your private keys. Run a full node.

Previous posters have repeatedly said China does this.  Ban. No ban.  It is just how the governments works.

Is this a bad thing, in terms of price?  Short term yes of course. Bitcoins price will fluctuate wildly on rumors and or news.  Negative news or FUD as its commonly referred to, has and most likely will drop the price further unless positive news soon follows.

Long term this is a good thing.  Healthy financial markets go up and down.  This bull market peaked in December and since, has steadily declined.

Cryptocurrenccy is a term that covers more than Bitcoin. Bitcoin makes up roughly 30% of the cryptocurrency market capitalization.   


Sound reasoning.  Bitcoin price has inflated many times over the years.  It has had major corrections as well.  A correction is very possible. 

A crash is certainly within the realm of possibility.  Emotional investors are a huge contributing factor when it comes to crashes and there are plenty of them that have invested in Bitcoin.  Even if it does who cares.  Crash does not mean Bitcoin will disappear.   As long as the community has interest it survives no matter what the price.

Amazons stock crashed  by more than a factor of 10. 

I agree.  Binance is my current favorite. 

When I first signed up with Binance.  I knew they wear a better place to keep my NEO(antshares at that time).  So I moved them from Bittrex. I miscalculated the withdrawal fee and lost nearly a whole NEO.  You live you learn right?  Fast forward a few weeks and that NEO I had lost showed up in my Binance wallet.  Nothing they had to do but they did.

Also they airdropped Tron to all of their members.

I have made plenty of mistakes when it comes to Bitcoin.  Mistakes are part of life.  I have learned mostly through my mistakes.  If you are learning is it really a mistake?

The first time I took interest in Bitcoin(no pun intended) was around 2012.  I was using it buy things.  Goods and services traded for Bitcoin.  This may be thought of as a mistake considering the growth of its value these last few years.  When i first realized this myself I thought it was a grievous error in judgement.  After a half-minute of kicking myself I reminded myself that Bitcoin was meant to be used exactly in this way.  Its a currency not a piece of gold.

Maybe it is not so much about avoiding mistakes but learning from them.

Nine years is such a short time.  I have been active off and on for around six of those years.

Things that I will always associate with Bitcoin.  Whitepapers, blockchain, cryptocurrency oh my! Without Bitcoin these words would mean nothing to me.  Silk Road, That phrase would have reminded me of history class and men like Marco Polo.  Not anymore. 

The birth of Bitcoin was a seminal moment for cryptocurrency.

I am grateful to the creators, progenitors the communities and hopeful that talented men and woman will contribute to the Blockchain as advocates of Bitcoins core values.  Giving power back to the people.

I do not think your mistake is uncommon.  In the future you do not have to reset your authenticator.  You disable it and re-enable it.  When you re-enable it they provide a different code.  This action in itself should not freeze your account.

Exactly.  What financial crisis are we talking about?  What will be the underlying cause of this crisis?

The 2008 crisis had it roots in something called the The Gramm–Rudman–Hollings Balanced Budget Act.  This law was enacted in the 80's and resulted int the sub-prime mortgage which lead to the banking and financial crisis.

Will the nearly trillion dollars invested in cryptocurrency and trillions of dollars to follow contribute to the next recession?

Can you confirm there is no KYC for bounty participants?

New investment and new cryptocurrency technology are coming in waves.  We are right in the middle of one of these waves.  Whether this growth indicates a healthy cryptocurrency market or a cancerous growth(probably both) remains to be seen.

I believe we have all seen the comparison between the dot com bubble and cryptocurrencies.  The similarities are no coincidence and at the same time history never repeats itself exactly.  There is parity but also novelty.  If we look at the parity side of things it would appear that we still have some time for growth before the bubble bursts.  I am basing this off of the amount of money invested up until the crash(3 trillion). Technology is moving at an ever faster pace so I would guess within a few years.

The only thing  I can say definitively is this is a very interesting time to be alive.

I am surprised it is so low.  From the thousands of posts I have read I was under the impression that every other person interested in Bitcoin was taking out a second mortgage on their house.


The average annual return on Bitcoin is 2400%.  I am not saying it is the smart thing to do but I get why they are doing it.  Greed.