Edit: a bit more info: We are a digital marketing company and Paypal has been banned in Turkey so it is a very good example of what Bitcoin should be used for.
Submitted April 01, 2019 at 06:40AM by asciiker http://bit.ly/2uCDtyY
Edit: a bit more info: We are a digital marketing company and Paypal has been banned in Turkey so it is a very good example of what Bitcoin should be used for.
Just picked up a 40 chip and three 5 chip gridseed miners(along with bunch of other crap lol). I have free electricity. Are they still useless because of todays difficulty orrrr what? Using nicehash? Dogecoin? Whatever might generate profit even if my best chance is solo mining with them(since it costs nothing) and would that even work or are they way to slow ..? Any help or advice is appreciated!
Our experience so far has been great! Very pleased with the progress lightning has made this year. We're about to accept bigger amounts in lightning. We could still use some more feedback so swing by if you got some spare sats ;)
Picked this up among other things recently, was wondering if it could be used to power an antminer d3, or an s7, or an s9. Also have an antec 1300 hcp platinum, might be better?
Any help/advice is appreciated !
Facts
-BitPay has, as of March 3rd, 2019, requested that FirstView Financial, LLC, the issuers of their PrePaid Visa Debit Cards (for which BitPay users hold a bank account), halt ALL access to cash held in its users accounts, except for signature purchases at a merchant. This includes all cash-back transactions, ACH transfers to another Bank Account, and ALL ATM WITHDRAWLS.
-FirstView Financial, LLC is insisting that BitPay is in fact in control of this- however, as BitPay only serves as a means of exchange, they can only request that this action be taken by the Card Issuers. FirstView Financial has obliged this request.
-BitPay is stating that this is due to a "Systems Upgrade" being completed to make transactions smoother. However, after 3 weeks, neither BitPay nor FirstView Financial, LLC is able to give an estimate as to when these "Systems Upgrades" will be completed. BitPay has convinced FirstView Financial, LLC to make false statements regarding the true nature behind this move.
-The change was made without warning, and while both FirstView Financial and BitPay insist that users were notified via email, I have personally confirmed the 5/5 users of BitPay, including myself that I personally know, never received such communication.
-FirstView Financial does not have any physical branches, but is in fact an interstate bank. They are legally mandated to allow access to physical currency for their account holders. They are not.
-BitPay in fact hid this information, buried in their FAQ section.
-No warning is given prior to making a deposit to the Visa Debit Card. Customers only become aware of this limitation after attempting to gain access to their cash.
-BitPay will not reverse any transfers made to the cards.
-Neither BitPay nor FirstView Financial is able to provide any details as to why they might be performing a "systems update," stating only that it is for improvement.
-Both companies have shown a readiness to conduct underhanded and deceitful tactics to cover up what is actually transpiring.
Speculation and Common Sense Reasoning
Anyone knows that no "systems update" takes 3 days, let alone three weeks. Yet after 3 weeks, it appears that there is no plans to bring back cash withdrawals via the ATM card, cash-back pin transactions or ACH transfers. Furthermore, the BitPay system has functioned flawlessly for years. And if there was no reason to lie, than bitpay could have easily displayed messages in their app warning users or prominently on their homepage, or even as an alert when logging into a users account- they did not. It further appears they are telling people that they recieved an email that was never sent.
The most plausible explanation is that they are under investigation for failing to comply with AML and KYC regulations required by a crypto-fiat exchange. Had their suspension of Cash access been a well planned undertaking, then it could be argued that they simply planned to phase that out to avoid the costs associated with proper identity verification, but their willingness to lie, and convince FirstView Financial to lie suggests that they in fact are working hard to cover up the truth.
With this in mind, I do not think it is unreasonable to question the conrinued future access to any funds deposited to a prepaid BitPay Visa debit card- even if the user only wishes to spend them at certain merchants with a signature transaction.
What to Do
-Firstly, I suggest anyone with any funds on a BitPay Visa Debit all call FirstView Financial LLC and demand access to their CASH. While FirstView will insist that they are not in control, every person with cash in a BitPay Visa Debit account has an account- unlinked to BitPay in any regard- solely in their own name. No bank is allowed to restrict access to its customers funds (up to $250,000 at a time), saying they can only "spend" the money at merchants who accept Visa.
-Demand answers from BitPay! They are being offensive in trying to say they are conducting a systems upgrade.
-Demand BitPay reverse any and all deposits made without this knowledge.
-Make complaints against BitPay and FirstView Financial, LLC to any regulatory body that will take them.
-Finally, this is a legally actionable offense. I am currently seeking an adequate law firm willing to take on a class action suit against both companies- if anyone can help in that endeavour, please comment below.
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Let's not let these two Companies' reckles, careless and fraudulent activities tarnish the reputation of Bitcoin. Let's not let another individual profit by lying to the community!
Anyone else got this Message? Anyone know any exchange that respect users privacy and don’t adhere to KYS policy.
It’s fucking ridiculous policy, suppose to stop terrorism and money laundering? More like a way to make sure every single peasant pay taxes on bitcoin
About a month ago my raspibolt node bitcoind client became unsync'd and after a month of troubleshooting am throwing in the towel. my LND with open channels is probably unrecoverable since it runs on top of bitcoind, so there goes 10mil SATs. As someone who knew nothing about Linux before doing this I'm willing to admit I got in over my head with this shit lol. It ran great for a couple months then just crapped out. I wish it would have lasted longer.
my node: https://1ml.com/node/02ee8c98a78d8061f6c9c09a9b36b05e02e03736609ea5e5eb8afdcd7f7163c50f
Hi,
Click HERE to install a browser that MINES Bitcoins while you are doing your research (it likes Ecosia, instead of planting trees, you mine bitcoins)!! You use chrome well then its gonna an easy switch as the layout is the same!
https://get.cryptobrowser.site
By inviting more of your friends and family, this process becomes quite lucrative and anyways it's not like you are making money from your research currently..
Guillaume
Next year, in May 2020 (in 420 days):
1) The Bitcoin daily supply will be in the 3 digits (900/day) and the BTC/block on a single digit (6.25 BTC/block) for the first time ever. Making Bitcoin even more scarce.
2) The total Bitcoins mined will be over 18 Million. Leaving fewer than 3 Million Bitcoins left till the end of mining in 2140.
https://www.bitcoinblockhalf.com/
https://cryptocoinmastery.com/what-happens-when-all-bitcoins-have-been-mined/
Edit: 2140, not 2040.
BiteBTC is a SCAM !!!
Upvote this to warn people!
Please everyone who want to trade XVG or else on BiteBTC site, beware they are scammers! Lying, thieving, scammers. I have just traded some XVG on their site because it has volume trading majority as seen on CMC website: https://coinmarketcap.com/currencies/verge/#markets I wanted withdraw my 0.13 of BTC and instead they locked my account and sent me this bullshit:
""" Dear Trader, Your account has been temporarily disabled and is currently under compliance review, which entails an examination of recent and past account activity to ensure our users are in compliance with our terms of service.
Deposit Transaction(s): b588a..................................................38f81c
To facilitate our review, please provide the following information: - The source of the funds for the above transaction(s), i.e. how and where they were acquired or purchased - Relevant documentation which indicates proof of ownership of the funds in question
Thank you for your cooperation with this matter. Once the above information has been provided and the compliance review has concluded, we will notify you of the results and the status of your account.
With kind regards, BiteBTC Support Team https://bitebtc.com contact@bitebtc.com ""
I wrote them back that source of funds is from my Binance account, daily trading. I attached printscreen from my Binance acc to them. But i feel that this is shady as f@ck. My account has been fully verified before I did any trading with my real name and documents. And yet they come with some random bullshit reason to steal my money. Please everyone BEWARE OF BiteBTC SCAMSITE !!!!!
Upvote this post to warn other people please.
If anyone has any idea if I can contact any autority to give them trouble for this. I am European Union citizen. They are located in Singapore.
Why is CMC website promoting those thieves anyway?!
The Ethereum network is losing ground as developers switch to other projects, various experts told Bloomberg on March 28.
Ethereum, which debuted in 2015, initially provided a platform on which developers could build decentralized apps (DApps), conduct initial coin offerings (ICOs) and write smart contracts. Many saw it as being the successor to Bitcoin (BTC).
According to Bloomberg, developers are now opting for other platforms like EOS and Stellar. In January, only 28 percent of DApps users were on the Ethereum network, while the EOS network saw 48 percent and Tron accounted for 24 percent.
Co-founder of hedge fund Multicoin Capital Management Kyle Samani said “The simple reality is that until the last six-to-nine months, there were no other options besides Ethereum. Now there are."
Ikigai crypto hedge fund founder Travis Kling said, “Owning Ethereum today is a call option on what you think the network is going to be in the future. To the extent that Ethereum competitor projects get traction with developers, with users, with DApps built on top of the platform, that will be viewed by the market as being detrimental to the overall value of Ethereum, and that can have a negative price impact on Ether."
Others say that Ethereum’s block speed of roughly 13 seconds is beginning to lag behind other networks, which can purportedly confirm transactions in under a second.
Bloomberg notes that the majority of token offerings are still reportedly conducted on the Ethereum network, and that its dedicated base of developers will keep it competitive. A member of the Ethereum Foundation reportedly said:
“The thing that really shines about Ethereum is its vibrant community. Everyone keeps building and supporting the cause regardless of the markets. All of the recent progress on Plasma and Serenity (Eth2) really speak to that. ”
Ripple's XRP, the crypto whose parent aims to revolutionise cross broder payments solutions, has crossed past a key trendline resistance on the long term chart, which needs a confirmation by way of crossing past certain levels for the bulls to be able to gain upper hand.