eric_ape

I do not think that what they mean by this is that bitcoin transactions are illegal per se, but rather the fact that their own bank policies dictate that they will not deal with crypto-related transactions due to the…

That sums it up right there. I think that the fact that they are doing this clearly is profit driven, otherwise, they would be reducing balances in customer's accounts with the actual currencies that are lost, not the…

Hmm yeah I guess that's just something I gotta really look up. If btc is gonna go to a million one day. I'm pretty much never gonna sell/cash out. Whatever is most tax efficient for whatever kids I might have in the…

Imagine you have some bitcoin and owe taxes on it, but the government has no clue since you never cashed out. You are holding KYC-free btc, but cashing out would mean paying a hefty tax bill. Now, let's say you pass…

You're right in the regard that if a large scale, global restriction on bitcoin ever does occur, it'll have the equivalent effect of driving bitcoin out of fulfilling one of its primary functions, which is to help the…

It seems obvious enough to me that if a service is collecting AML information from their users, they are going to share it with the police or regulatory entities if something is deemed to be fishy. If a user signs up to…

I'm not sure as to how Malta would respond - they are probably raking in a lot of revenue since crypto businesses prefer them as a destination as opposed to countries with stricter KYC/AML requirements in the European…

I also agree that following the trend is an excellent trading strategy to maximize profits and minimize losses. However, apart from following trends, I also quite often use scalping techniques in my crypto trading…

thanks all for the valuable feedback. I didn't really think it would be that loud to be honest. I get the Idea now.

Hey everyone, I'm getting ready to kick off my mining setup in my apartment. Planning to grab my gear from Alibaba. My biggest worry is how to set up the electrical connections. I’m in India and have a 230-240 volts…

The predictions you convey could be correct, but in my personal opinion, it will be a little difficult for Bitcoin to reach a price of $100K this year or next year. Although it is true that this year Bitcoin has touched…

The problem with now is not lack of abundance, most resources are still very much abundant and can sustain the people it's meant for. The problem we've is predatory interests on the part of the so-called leaders and…

I wonder how they were able to arrive at this figure, because it does seem like a heck of a lot for one quarter. Are they encompassing all the BTC lost due to fraudulent investments as well (like HYIPs), or are they…

Unfortunately, I don't even think that lobbying will do much given the factc that a lot of these people have vested interest from the banking industry to tighten up regulations so that they can filter out competition or…

I highly doubt that this is going to be any form of positive regulation. My sentiments carry forward to their new legislation apparently on initial offerings as well. Russia has a lot of mixed opinions when it comes to…

I think that the general consensus is that IEOs do offer more liquidity as soon as the tokens launch, and that trading will likely go much more smoothly at least for the first few weeks given the fact that the team…

I think that the most likely outcome is some sort of settlement deal between the SEC and Kik occurs without any actual prosecution. It is unfeasible for them to buy back all tokens, because of how widespread they are,…

I can't seem to maintain the temp between 20 and 40 degrees. I’ve got a heater to raise the temp, but then it gets too hot. When I switch on the fans, it gets too cold. Don't these things come with an automatic…

This really has nothing to do with bitcoin at all. In a drug bust, you'd expect the funds to be seized. It's exactly what happened here. The crime wasn't that someone was holding bitcoin, but rather they are doing…

I think that regulation for exchanges are probably needed due to the fact that there are simply so many of these scam exchanges out there that are taking user funds or selectively scamming users on a daily basis. Having…