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Frant
King's Bounty
Posts: 24725
Location: Your Mom
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 Posted: Fri, 12th Jan 2018 10:17 Post subject: |
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| Posted: Fri, 12th Jan 2018 10:39 Post subject: |
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I don't fully understand why these countries would ban the rather than embrace the technology.
- No possible dollars made through taxes or capital gains, potentially missing out on billions of dollars in taxes.
- Enterprising citizens will now just operate, mine or build exchanges in another country, so what are you preventing?
- How is the government losing out here?
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| Posted: Fri, 12th Jan 2018 10:44 Post subject: |
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governments are trying to protect their big businesses, because people are investing in virtual crypto currencies instead of them
also it is distorting their currencies value, as a lot of people are prospering
let's see who will win
| Lutzifer wrote: | | and yes, mine is only average |
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| Posted: Fri, 12th Jan 2018 10:54 Post subject: |
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| AmpegV4 wrote: | I don't fully understand why these countries would ban the rather than embrace the technology.
- No possible dollars made through taxes or capital gains, potentially missing out on billions of dollars in taxes.
- Enterprising citizens will now just operate, mine or build exchanges in another country, so what are you preventing?
- How is the government losing out here? |
Too anonymous, too volatile, expensive fees etc
i5 6600k @ 4.3 GHz | MSI z170 Gaming M7 | 32GB Kingston HyperX Fury | 850 Evo 500GB | EVGA 1070 SC | Seasonic X-660 | CM Storm Stryker
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| Posted: Fri, 12th Jan 2018 12:46 Post subject: |
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Same reason they want to get rid of cash.
Governments say it's because of money laundering and terrorism but they just want to control people and charge negative interest.
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| Posted: Sat, 13th Jan 2018 23:59 Post subject: |
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https://www.google.com.au/amp/www.telegraph.co.uk/technology/2018/01/11/major-cryptocurrency-conference-no-longer-accepting-bitcoin/amp/
| Quote: | The North American Bitcoin Conference is due to kick off in Miami next week, but anyone hoping to spend their Bitcoin on tickets, costing $1,000 (£738) each, will have to purchase one using traditional credit cards or PayPal.
Bitcoin, the first cryptocurrency, has been suffering from soaring settlement times and transaction fees. There is suggestion that the popularity of coin rivals like Ripple, along with South Korea and China's ongoing crackdown on anonymous trading may be to blame for its recent swings in which see it regularly fluctuate by thousands of dollars across 24 hours.
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| Posted: Sun, 14th Jan 2018 00:01 Post subject: |
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lol talk about hypocrysie ...
cant use it for payments, cant use it for nothing but illegal shit, fuck off and burst that shit bubble already with a fucking chainsaw
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| Posted: Sun, 14th Jan 2018 00:55 Post subject: |
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fees for what, who gets this money .... what a bunch of leeches , banks arent even that bad HAHAHA and they wanted to not be like banks, FUCKING SCAM!!!!!!
what risks or processes do these fees cover, i thought the blockchain took care of everything blablablabla
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Il_Padrino
Posts: 7618
Location: Greece by the North Sea
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| Posted: Sun, 14th Jan 2018 11:55 Post subject: |
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"Blockchain regulating itself". That's what the banks said in the mid-90s about themselves as well, and it was the beginning of one major crisis after another.
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| Posted: Sun, 14th Jan 2018 12:15 Post subject: |
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| PickupArtist wrote: | fees for what, who gets this money .... what a bunch of leeches , banks arent even that bad HAHAHA and they wanted to not be like banks, FUCKING SCAM!!!!!!
what risks or processes do these fees cover, i thought the blockchain took care of everything blablablabla |
You sound bitter as hell man, did you bet your house on this and lost or something?
Clown Fiesta
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HubU
VIP Member
Posts: 11390
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| Posted: Tue, 16th Jan 2018 10:34 Post subject: |
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Looks like there is a bit of a slaughter going on again.
They're all going down atm, even the obscure coins (usually some obscure ones go up when popular coins go down but this time all are going down)
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tonizito
VIP Member
Posts: 51559
Location: Portugal, the shithole of Europe.
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| Posted: Fri, 26th Jan 2018 00:31 Post subject: |
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didnt he declare himself bankrupt ... so he needs to give all that money to his ex wvies/kids
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Frant
King's Bounty
Posts: 24725
Location: Your Mom
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| Posted: Fri, 26th Jan 2018 07:10 Post subject: |
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| PickupArtist wrote: | | didnt he declare himself bankrupt ... so he needs to give all that money to his ex wvies/kids |
Nope, he finished paying off his debts:
| Quote: | | In 2015, 50 filed for Chapter 11 bankruptcy and restructured his finances, agreeing to pay off $23 million in debt with a five-year plan. Last year, he reportedly finished paying off the $23 million early after receiving some money in a settlement. |
Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn!
"The sky was the color of a TV tuned to a dead station" - Neuromancer
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HubU
VIP Member
Posts: 11390
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TSR69
Banned
Posts: 14962
Location: Republic of the Seven United Provinces
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| Posted: Tue, 6th Feb 2018 10:10 Post subject: |
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Stock market absolutely pummeled yesterday and friday, worst drop in pretty much a decade. So cryptos aren't the only ones getting hit... Gonna have to sell at a loss today I think, too afraid it might be going down further.
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Il_Padrino
Posts: 7618
Location: Greece by the North Sea
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| Posted: Tue, 6th Feb 2018 10:54 Post subject: |
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| Posted: Tue, 6th Feb 2018 12:16 Post subject: |
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I'm worried about having to hold the position for months until it recovers. I'm using leverage so I get charged an interest rate daily. Plus it ties up my equity so I wont be able to use it once it bounces back for real...
Always a hard choice losing money, but I'm still in the green overall, just set back a couple of weeks.
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| Posted: Tue, 6th Feb 2018 13:15 Post subject: |
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can I buy stock options buy on BitCoin now? 
| Lutzifer wrote: | | and yes, mine is only average |
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Il_Padrino
Posts: 7618
Location: Greece by the North Sea
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| Posted: Tue, 6th Feb 2018 13:22 Post subject: |
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| Posted: Tue, 6th Feb 2018 13:48 Post subject: |
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Nalo
nothing
Posts: 13549
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| Posted: Tue, 6th Feb 2018 14:25 Post subject: |
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Last edited by Nalo on Wed, 3rd Jul 2024 05:57; edited 2 times in total
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| Posted: Tue, 6th Feb 2018 15:43 Post subject: |
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DOGE is rising
| Lutzifer wrote: | | and yes, mine is only average |
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| Posted: Tue, 6th Feb 2018 16:13 Post subject: |
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Il_Padrino
Posts: 7618
Location: Greece by the North Sea
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