venerdì 30 marzo 2018

Bitvipinfo


Posted: 30 Mar 2018 10:16 AM PDT
Hello Friends!
Wanted to stop by and tell you my online shop, whitelabeljuiceco.com is now accepting Bitcoin for orders!
I first got into Bitcoin after a dream I had last May and it has changed my life forever. Ever since then, I have been completely obsessed with cryptocurrency while maintaining a healthy level of Bitcoin maximalism. Currently in the process of setting up some BTC ATMs in the San Diego area, and have been inspired to teach myself to code so I can hopefully be involved in supporting BTC in the future. Currently set up to use Coinbase Commerce, but am researching setting up our own lightning network payment channel hopefully soon :)
My plan is to HODL 100% of payments made in BTC for the foreseeable future.
I founded this company in August of 2014 with the intent of producing a high quality product on par with what was being offered at the time but at a fraction of the cost. Our products are manufactured in our ISO class 7 clean room in San Diego, CA and do not contain any extra additives such as sweeteners, food coloring, etc. Don't want to go into too much detail here but if you are a vaper, check us out some time if you want to SPENDL some BTC on some real-world products!
We have a coupon code for Reddit users as well which is REDDIT10!
https://imgur.com/XXtffll
submitted by /u/_thuglas
[link] [comments]

source https://www.reddit.com/r/Bitcoin/comments/88bl39/my_online_shop_is_now_accepting_bitcoin/
Posted: 30 Mar 2018 10:01 AM PDT
It drops everyone freaks out, it goes up everyone praises it.Its going to eventually pass the ath, if you don't believe that then sell your shit.Only people buying crypto are people like us, once we get the average joe and sally to start buying bitcoin we will look back at this and wish we bought in now. For me any price below the ath is a steal. Only reason price is dropping is because you people are selling. The media, the regulations all the fud is irrelevant. If you people did not have weak hands we still be around 20k.
submitted by /u/xxjoker122
[link] [comments]

source https://www.reddit.com/r/Bitcoin/comments/88brvj/youre_all_crazy/
Posted: 30 Mar 2018 09:52 AM PDT
Park Won-soon, the Mayor of South Korean Capital Seoul, has announced intentions to pursue the development of blockchain technology in the city. Won-soon stated that there will be a digital currency created for use in Seoul, as well as the setting up of groups dedicated to exploring blockchain technologies and their future implications.

Korea Re-Embraces Crypto?

According to a local news source, Hani, Won-soon announced his intentions at the opening of CoinDesk Korea in the Seoul City Office on March 22. He stated:
"Given that Seoul has become a leader in the fourth industrial revolution in areas including information technology, it will have to continue exploring and studying revolutionary technologies like blockchain."
He went on to declare that he would work towards preparing an institutional and legal framework for the creation of the Seoul digital currency that will be known as "S Coin". He also committed to efforts at changing the current attitudes of the South Korean central government towards cryptocurrency in general. This would allow the necessary laws and regulations to facilitate such a financial tool.
The Seoul mayor continued to address the potential uses of blockchain technology for a modern capital city such as Seoul. He stated that this would translate into economic benefits for the citizens of his city. These would include savings on electricity, water, and gas, as well as supporting youngsters seeking employment:
"Blockchain technology is applicable to public infrastructures like the public transportation system and issuance of youth allowance payments. I truly believe blockchain technology can be used to power most of the government activities in Seoul."
Hani state that such initiatives are expected to be included in Seoul's blockchain planning that is due for completion this April. They also report that as of November last year, the Seoul Metropolitan Government will be collaborating with Samsung SDS to establish an Information Strategy Plan for blockchain innovation in the city. These are the first steps being made towards introducing blockchain to government and public institutions.
Finally, the mayor addressed the existing attitudes in the wider country of South Korea towards cryptocurrency and blockchain. He referred explicitly to the outrage of the public when rumours of a ban on cryptocurrency trading were hinted at earlier this year:
"Previously, the South Korean people protested strongly against the Ministry of Justice's plan to ban cryptocurrency trading, and that led to the government deeply reconsidering its stance towards cryptocurrencies. The role of provincial and regional governments, I believe, is to apply innovative technologies first and demonstrate progress to the federal government. If Seoul lessens restrictions on cryptocurrency and blockchain development, it will lead to a flexible environment for businesses."
Image Courtesy of Shutterstock
The post Seoul Mayor Prepares City to Embrace Blockchain Technology appeared first on NewsBTC.
Via NewsBTC https://www.newsbtc.com
Posted: 30 Mar 2018 09:31 AM PDT
Posted: 30 Mar 2018 09:31 AM PDT
Bitcoin is, and yes I know it's been repeated several times, here to stay. Forget about the market for a while, and recall the value of the technology.
submitted by /u/MUFOS
[link] [comments]

source https://www.reddit.com/r/Bitcoin/comments/88bl9j/anyone_else_oddly_feeling_alright_during_these/
Posted: 30 Mar 2018 09:16 AM PDT
Posted: 30 Mar 2018 08:46 AM PDT
Posted: 30 Mar 2018 08:31 AM PDT
Posted: 30 Mar 2018 08:31 AM PDT
I am well aware that this will be an unpopular opinion here, but maybe i'm looking for someone to change my mind. I've been interested in the idea of bitcoin and the technology behind it since I first heard about it years ago. Admittedly, I'm no expert on bitcoin or blockchain technology in general, but you shouldn't have to be to want to adopt it. Example - I don't have to be a mechanic to see how an automobile would benefit my life.
Anyway, while the idea is fascinating to me, I don't really see a point. I went to business school with a focus on entrepreneurship and when it comes to "inventing", we were always told to create something that solves a problem. Exactly what problem is bitcoin solving?
You might say, "well, it's decentralized". So what? What issue am I having with my "centralized" US dollar? None. Is the fear that the USD will collapse? I don't see that happening in my lifetime....but I have seen bitcoin collapse multiple times.
Ok, well I read an article about how bitcoin is taking off in Africa because their local currencies are very unstable and prone to hyper-inflation. This would make sense to me.....again, if bitcoin were stable, but it's not. It's down 22% over the past week. Wouldn't these people have had better luck converting their money into USD or gold?
So you might say, well it's anonymous (I'm not sure if that's even true). Again, ok, so what problem is that solving? Unless I'm doing something illegal, do I really care about this? No. The last peer to peer transaction I conducted was sending my sister $50 to reimburse her for a gift card. It doesn't need to be anonymous. I don't care if the whole world knows. I used facebook to send it. I've never sent money through facebook before and it literally took me 30 seconds with no fees.
That brings me to my next point. Bitcoin is slow. Last week I decided to put my money where my mouth is and (attempt to) make a bitcoin purchase through Newegg. It was honestly kind of a pain in the ass. Once I had the wallet all set up, I went to coinbase to buy my bitcoin. Had to verify identity and bank account, which took a couple days and didn't feel very anonymous. Then I went to buy my bitcoin....oh, it's going to take a week before I can actually access my coins?? That's stupid. Guess what also happened in that week? Bitcoin went from $8700 to $6800. Awesome!
Then I went to send the money to my wallet. Ok, that also takes forever. While I was waiting for it to confirm, I started reading up on the delays. I saw that during the bitcoin rush, it could take days for transactions to confirm. Also, you can pay a higher fee to have your transaction confirm faster. Ok, that's stupid. Anyway, the whole process of getting set up to buy bitcoin was annoying and drawn out and again, for what benefit? I planned on making a purchase through Newegg. I could have just used my credit card and completed the purchase in seconds. Instead, I waited weeks and ultimately decided to wait in hopes that the value of bitcoin comes back up first. Fun.
So lets talk about the fees. I've seen people say, but the fees are so low!! Ok, well again, I sent my sister money on facebook for no fee. If I used my credit card on new egg I wouldn't have paid a fee and could actually earn 1-2% or other various rewards depending on my card. Oh, but the merchant has to pay a credit card processing fee. Yes this is true......but if I were a merchant, I would much rather pay a 2% fee than deal with the insane volatility of bitcoin. Again, as a merchant let's say I sold $9,000 worth of product and was paid in bitcoin last week. That's now worth less than $7,000. Nah, i'll pay the 2%. Also, i've seen that when bitcoin volume is high, fees go through the roof....and what if you are trying to use it at a brick and mortar store, but you have to wait 2 hours for the transaction to confirm....yeah, no thanks.
Admittedly, I don't know much about the new lightning network. Maybe it solves the high fees and long delays, but again, what benefit does it offer versus using traditional fiat? As much as I want to see a reason, I can't, and therefore I don't see mass adoption of bitcoin happening anytime soon. I think the hype around bitcoin has mostly been based on speculation and a lot of people trying to get rich quick, but when it comes to the practicality of bitcoin, I just don't see it.
If someone can tell me why I would ever benefit from using bitcoin over fiat (in the US) then maybe i'd change my mind, but until then I see bitcoin as a solution to a problem that doesn't exist.
submitted by /u/chadsterlington
[link] [comments]

source https://www.reddit.com/r/Bitcoin/comments/88aqb2/my_opinion_on_bitcoin_its_pointless/
Posted: 30 Mar 2018 08:22 AM PDT
As U.S. taxpayers have until April 27 to file and pay what is due to the IRS, cryptocurrency investors will have to deal with a complicated process. Uncle Sam expects his cut from crypto-related income. Current tax rules turn away early adopters and innovation from taking place.

Taxing Bitcoin Still Needs Some Tweaking

Too many questions arise when discussing taxes on cryptocurrencies. Even airdrops, such as one unit of Bitcoin Cash for each Bitcoin, are unclear territory, whether to treat it as a dividend or not. All these problems of taxation and reporting to the IRS need fixing, but the tax treatment itself could be the first issue to tackle.
Coin Center, the leading U.S. non-profit research and advocacy center focused on the public policy issues facing cryptocurrency, calls for an exemption for small gains on digital currency transactions. The institution claims such simple legislation would take most of the headache out of using digital currencies like Bitcoin
Jerry Brito, Executive Director at Coin Center, is recommending that the U.S. Congress passes a 'de minimis exemption' for cryptocurrency transactions the same way foreign currencies are already enjoying.
"Say you buy 100 euros for 100 dollars because you're spending the week in France. Before you get to France, the exchange rate of the Euro rises so that the €100 you bought are now worth $105. When you buy a baguette with your euros, you experience a gain, but the tax code has a de minimis exemption for personal foreign currency transactions, so you don't have to report this gain on your taxes. As long as your gains per transaction are $200 or less, you're good to go."
The IRS is treating cryptocurrencies as property since its March 2014 guidance, which means gains from sale or exchange are taxed as capital gains rather than ordinary income. Property, however, does not enjoy a de minimis exemption. Not for transactions neither for exchange rate changes, no matter how small. This only discourages the use of Bitcoin or any cryptocurrency as a payment method.
Brito suggests that the tax code could be amended to designate that cryptocurrencies be treated as foreign currency, but two negatives arise: "you'd lose the favorable capital gains treatment for transactions over $200 because foreign currency gains would generally be taxed as ordinary income" and it would be hard to convince lawmakers to treat stateless cryptocurrencies the same way as currencies issued by foreign governments.
Given that the amendment could raise concerns, Coin Center finds that creating a de minimis exemption for cryptocurrency is the way to go. It removes the friction and encourages the development of the technology and its use in payments, which should be cheered by most members of Congress.
The proposal goes into detail, suggesting the creation of a new section in the tax code that mirrors Section 988(e) of the tax code or amending Section 988 itself with a new subsection that extends the exemption to personal transactions of cryptocurrencies or "convertible virtual currency".
From over 250,000 individuals filing federal taxes through Credit Karma Tax this year, less than 100 people have reported any Bitcoin gains or losses so far.
Image From Shutterstock
The post Has The US Tax Code Become a Problem For Cryptocurrency Traders? appeared first on NewsBTC.
Via NewsBTC https://www.newsbtc.com
Posted: 30 Mar 2018 08:16 AM PDT
I have a policy of using <company>@<my domain> whenever I sign up for an online account, since <any address>@<my domain> comes to my email account. This lets me track who is selling my contact information because if I receive an email from <company A> which has <company B>@<my domain> as the email target, I know that <company B> has sold/informed <company A> about me.
This morning, I received an email from liteBit.eu. It was spam, of course, the 'your invoice' link was a link to some vet site, nothing to do with crypto at all. The interesting thing is:
  • That it was sent to bitmain@<my domain>, thus telling me who sold the address
  • Also, it had the first line of the delivery address that I sent my miners to.
I co-locate my miners, and no other company has ever been given the co-location address. This puts the ball firmly in Bitmain's park.
They are selling our contact details to spammers.
submitted by /u/ThrudTheBarbarian
[link] [comments]

source https://www.reddit.com/r/Bitcoin/comments/88axj9/psa_bitmain_is_selling_off_our_contact_info_to/
Posted: 30 Mar 2018 08:01 AM PDT
Posted: 30 Mar 2018 07:46 AM PDT
I have seen a lot of incorrect comments about monetary economics with people claiming things like "inflation is necessary" and "an deflationary currency cannot work because people will just hoard it". Also things like "money's purpose is as a medium of exchange" or "people use money when they trade".
My view of money is a bit different. I see money as a social behavior where by people use it as an accounting ledger for tracking purposes. Someone "uses" money when they hold a currency for the purposes of deferred consumption. The moment they exchange this money for goods or services should therefore be considered he or she stopping their use of the currency and is only possible because someone else is willing to use that currency to defer his or her consumption.
That is, in an instant the only people using a currency are those who are hoarding it in that instance. How quickly the currency changes hands is irrelevant. What matters is the economic demand for the currency--i.e. the number and willingness of people to hoard it.
Once you understand money this way, imagine a deflationary currency competing with an inflationary one. Who would choose to own a currency whose value is deluded over time via monetary expansion vs one that is of fixed supply? The outcome should be an absolute certainty for you. We can know with complete certainty that bitcoin will be worth $1M per coin, the only question is the timing. If the end result is known, it seems like it that people would position themselves accordingly and wait for this eventuality. Is there any doubt that in 50 years one US dollar will be worth less Bitcoin than it can currently buy?
submitted by /u/ztsmart
[link] [comments]

source https://www.reddit.com/r/Bitcoin/comments/88agbw/deflationary_currencies_beat_inflationary/
Posted: 30 Mar 2018 06:31 AM PDT
Posted: 30 Mar 2018 06:22 AM PDT
Developments in the world of cryptocurrency come in many different forms. Any project with a multi-billion dollar market cap needs to have a working product at this stage. For Tron, they finally succeeded in launching the test net. Although it is a positive development, it still doesn't warrant the current value of this project.

TRON Still has Work to do

Launching a test net is often considered a bare minimal development in cryptocurrency. After all, any project is expected to have a test net from day one. In the case of Tron, there have been a fair few disappointing aspects in this regard. Until yesterday, the project had no working test net. It is unacceptable in every way possible, especially for such a highly-valued project.
While Tron may offer long-term value, the slower pace of development is a concern. For something valued at $3bn, no working test net for several months isn't acceptable. Whether or not this highlights the lack of rationale in cryptocurrency, remains to be seen. With the test net now going live, the community is over the moon over something that should have been in place months ago.

Additionally, it seems there will be massive Tron advertisement in Times Square. The well-known Nasdaq screen at this location will display a Tron advertisement, according to the Foundation. A rather interesting marketing stunt, but nothing more than that. Until the main net is live, there is still plenty of work to be done At the same time, milestones have to be reached regardless, and this is a positive development overall.

Expectations in the Cryptocurrency Industry

All of this goes to show a lot of people have different expectations in the cryptocurrency industry. Launching a test net is not the major development most Tron supporters need to be looking for. The delay between a test net and main net can be anywhere from weeks to months or over a year. A test net doesn't mean people will build Tron-based applications or use TRX in a meaningful manner.
On the positive side, it seems the developers launched this test net ahead of schedule. That in itself is a good thing, although it's only the beginning. Beating the deadline also sparks a lot of confusion as of right now. More specifically, some people are concerned the foundation is too "trigger happy" regarding this announcement.
Whether or not the Tron price will increase, is a different matter altogether. It is just a test net first and foremost and not a finished product. The big question is whether or not the  Tron team can effectively deliver the goods in terms of launching a working product for the masses. That will largely depend on how this test net holds up.
The post Tron Developers Announce Test Net Launch, But is it Such a Big Deal? appeared first on NewsBTC.
Via NewsBTC https://www.newsbtc.com
Posted: 30 Mar 2018 06:16 AM PDT
I've been active in this sub for 3-4 years. This is the worst I've ever seen it. The level of toxicity is literally off the charts... yes, we all know Bitcoin might just go back to $50. Let's just take a moment to realize how amazing and transformative Bitcoin has been and how it's changing how people look at money all around the world. I understand some people think the negativity is just a really helpful dose of reality. I'd tend to agree if it was being done in a constructive way.. but, it's not. We have some really salty people trying their best to spread their misery around. I'd advise everyone just to engage them with positivity and ignore the doom and gloom.
submitted by /u/s0cket
[link] [comments]

source https://www.reddit.com/r/Bitcoin/comments/88a0i9/dont_let_the_negativity_get_you_down_the_future/
Posted: 30 Mar 2018 05:46 AM PDT
Posted: 30 Mar 2018 05:31 AM PDT
Posted: 30 Mar 2018 05:16 AM PDT
Posted: 30 Mar 2018 04:37 AM PDT
Cryptocurrency exchanges play a big role in people's lives. These service providers can effectively make or break someone's personal life. It seems evident OKEx may have some explaining to do in this regard. One of their customers claims the company liquidated his large Bitcoin stash in an illegal manner.

The OKEx Story in Brief

A lot of factors regarding this OKEx incident are still unknown. More specifically, sources claim someone attempted to take matters into their own hands at the company's offices. The reason for this behavior is the alleged liquidation of millions of dollars in Bitcoin. More specifically, the liquidation allegedly occurred illegally. It is a very troublesome development which also highlights a few key risks.

Relying on centralized trading platforms will always be a big problem. These companies effectively control user funds at all times. Trusting companies with thousands of dollars is a mental hurdle for a lot of people. Doing so with millions is a very different idea altogether. There is no reason any third-party should ever access millions of dollars of your personal funds and remain in control over it at all times.
Additionally, responsible investing is something people tend to lose track of as well. The cryptocurrency greed is setting in on a regular basis. Especially with the prices skyrocketing last year, a lot of people threw life savings into Bitcoin and outcomes. Right now, their portfolio has dropped by 50% in value or more. Cryptocurrency is not a get-rich-quick scheme by any standards.

The Volatility is not Over

Unfortunately, it seems things will get worse for cryptocurrency holders. As of right now, there is so much volatility in the market, the prices will likely continue to drop. Someone is clearly pushing the value of Bitcoin down on purpose. Despite solid technical developments on the horizon, it seems the world's leading cryptocurrency keeps taking a beating.

Some people speculate how OKEx may play a big role in this regard. Their futures market is certainly crashing a lot harder compared to the rest of the exchanges. This is quite odd, as their spot price doesn't suffer the same fate. It appears a lot of trader son that platform may get liquidated due to this "strange" activity. Whether or not something malicious is going on, remains to be determined.
All of this further confirms people need to think wisely before buying Bitcoin. It is a long-term hold when buying the cryptocurrency itself. Investing in futures contracts may seem more convenient, but it also has clear drawbacks. Financial gains and losses are very much a part of cryptocurrency as a whole. With futures being liquidated, the money is gone forever. Buying the currency outright and storing it in a proper wallet will leave the end user in control at all times.
NewsBTC reached out to OKEx for comment but did not receive any response at the time of publishing.
Image From Shutterstock
The post Trader Threatens to Commit Suicide, as Millions Worth of Bitcoin Were Liquidated appeared first on NewsBTC.
Via NewsBTC https://www.newsbtc.com
Posted: 30 Mar 2018 04:16 AM PDT
Posted: 30 Mar 2018 03:31 AM PDT
Posted: 30 Mar 2018 03:01 AM PDT
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
Daily threads are fast paced! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Suggested Topics

  • Screenshots
    • of article headlines without the article
    • of your favorite price ticker
    • of your exchange website
    • of your private chats
  • Wallet/Exchange/Network
    • recommendations
    • complaints
    • service outages
    • troubleshooting
    • fee estimation
    • unconfirmed transactions
  • All things price
    • hodling
    • the dip
    • the moon
    • price going up
    • price going down
    • technical analysis
    • price on your smart phone
    • price on your smart watch
  • Stuff you bought with Bitcoin
    • Hardware wallets
    • Lambos
    • Teslas
    • Pizza
  • Questions
    • Receiving Bitcoin
    • Sending Bitcoin
    • Earning Bitcoin
    • Storing Bitcoin
    • Buying Bitcoin
    • Selling Bitcoin
  • That thing your coworker said
  • Bitcoin Showerthoughts
  • Random music videos
  • Bitcoin license plates
  • Interesting threads
  • Future speculation
  • News of the day
  • Memes, GIFs
  • Twitter links
Your price screenshots and repetitive submissions are being removed, so please stop submitting them!
Please check the previous discussion thread for unanswered questions.
submitted by /u/rBitcoinMod
[link] [comments]

source https://www.reddit.com/r/Bitcoin/comments/88996s/daily_discussion_march_30_2018/
Posted: 30 Mar 2018 03:01 AM PDT
Posted: 30 Mar 2018 03:01 AM PDT
March 2010: $0.003
March 2011: $1
March 2012: $5
March 2013: $80
March 2014: $600
March 2015: $250
March 2016: $400
March 2017: $950
March 2018: $8,000
What will be price in March 2019 ?
submitted by /u/successtraining
[link] [comments]

source https://www.reddit.com/r/Bitcoin/comments/88910d/bitcoin_is_clearly_dead/


source http://www.bitnewsvip.com/2018/03/bitvipinfo.html
Pubblicato da alle
Etichette:

Nessun commento:

Posta un commento

Iscriviti a: Commenti sul post (Atom)