1000 Euro in Bitcoin, konvertieren sie 1000 EUR in BTC ...

Set a locked price to Bitcoin depending on the residence on the planet

let's say we take a fair value calculation way. For example we don't use usd or euro or rbl... We value bye calculating the average price of a loaf of bread in all the countries of the the world. This average price wil be the price for 100-1000-10000 Satoshi's wathever we decide. But in this way we have a fair way to value a bitcoin because a loaf of bread" or rice or some other staple. Something Essential to the people wil not be manipulated nobody can make bread go 10x in 30% of the world . So in becomes a good store if value as it follows the world economy in a fair way. Is this Chinese to you Al get the picture and yes the title is wrong oops. But the idea is solid. It will have movement but minor it will grow and fall with the planet.
submitted by freddydevadder to Bitcoin [link] [comments]

Have another perspective about Electroneum supply and decimal points! (RE-POST/reformat)

Argument 1: It is wrong that less number of decimals = less supply
Let starts with the background of the debate:
Hypothesis 1: Electroneum (ETN) has less supply than Bitcoin (BTC)
Hypothesis 2: BTC has less supply than ETN
The argument of Hypothesis 1 is that BTC has 8 “decimal points” and ETN only 2 “decimal points” which bring the argument to something like this:
1 satoshi = 0.00000001 BTC
1 mETN = 0.01 ETN
Max supply of BTC is 21 Million, which is equal to 21 * 1014 satoshi.
Max supply of ETN is 21 Billion which is equal to 21 * 1011 mETN.
Which means ETN’s total supply is 1/1000 of BTC’s.
The argument of Hypothesis 2 is that the “decimal points” is just “fractional notation” and it is not significant in the calculation of supply.
Max supply of BTC is 21 Million BTC
Max supply of ETN is 21 Billion ETN
Which means BTC’s total supply is 1/1000 of ETN’s.
At the beginning when Richard Ells explain about the 2 decimal points, I immediately thought: “No, you can’t do that!” “The fraction is insignificant; how can you include that into the calculation of total supply?”
So, for quite a while, just the same as other people I tend to believe Hypothesis 2 is right and this is quite disturbing to think that ETN has this “flaw”.
Then I came to a realization that I am thinking in technical/engineering formula concept and try to forced it into a dynamic currency calculation.
This is a big flaw in hypothesis 2 argument, because we are using Math (as in pure Math calculation) perspective instead of the understanding of how Currency behaves or works.
In Math, the unit of numbers is a standard, where 1 (100) is the lowest denominator, and decimal points are just the “fraction of the unit”, which gives the argument that no matter what is the length of the fraction, 21 Million will still be less than 21 Billion.
But we are not talking/discussing about “just numbers” here, we are talking about a Currency.
Currency has what is called as “circulating denomination unit”, and every currency has the lowest circulating denomination unit. For US Dollar and UK Pound, it is 1 cent or a penny. In Australian Dollar and Canadian Dollar, it is 5 cents (5 cents coin).
So, when we talk about BTC has 8 decimal points and ETN has 2 decimal points, we are not just talking about fraction of unit, we are talking about the “lowest circulating denomination unit” of a currency.
Consider this:
Let say that ETN and BTC mining is getting harder and harder. The lowest unit a miner can earn is 0.01 ETN in Electroneum supply and 0.00000001 BTC in Bitcoin supply (we are not talking about price at the moment, but focus on supply).
With 0.01 as the lowest unit that can be mined in ETN, that means for ETN to reach max supply is 21 Billion/0.01 or 21 * 1011.
With 0.00000001 as the lowest unit that can be mined in BTC, that means for BTC to reach max supply is 21 Million/0.00000001 or 21 * 1014.
Which simply means ETN will reach max supply faster, hence lower supply (or vice versa).
If we are talking about token, then arguably Hypothesis 2 can be right, because tokens are just token; and they are not designed to be a currency, there are significant differences.
Electroneum is designed as a currency and projected to be the “de-facto mass adopted” currency. So, think about it as a currency, NOT token.
Let’s get further into this with some examples of “real” (i.e.: fiat) currencies.
We know that currently US Dollar is one of the most (if not the most) dominant and popular currencies (fiat currencies). At the time of writing, these are the exchange rates of USD (US Dollar) to some other currencies (source: xe.com):
1 IDR (Indonesian Rupiah) = 0.0000736762 USD (US Dollar)
1 USD = 13572.90414000722 IDR
1 VND (Vietnamese Dong) = 0.0000440036 USD (US Dollar)
1 USD = 22725.4133752693 VND
Argument 2: The 2 decimal point in Electroneum is a flaw?
Now, let’s talk about the lowest transactional/circulating denomination unit of USD. It is $0.01 USD, which is represented by a penny or 1 cent coin.
Have you ever heard anyone say: “Hey, because USD lowest denomination unit is $0.01, this doesn’t make sense, this is a flaw. How am I going to exchange 100 IDR to USD? Because based on the exchange rate, 100 IDR is 0.0073762, it is not even 1 cent USD.
The answer is you don’t. People (currency users) behaviour change, and they adjust to it.
Currency is dynamic and involves people’s behaviour, not a static Math numbers.
If you go to Bali (Bali is in Indonesia), the most common lowest denomination unit of IDR in circulation is Rp.500 (IDR). There might be 200, 100, 50 IDR in circulation, but people don’t use them much. I saw some drivers (Taxi or Uber) using 500 IDR as “parking fee” or as “small change”, some “parking operators” even say that 500 IDR is not enough for parking fee, it has to be 1000 or 2000 IDR or even more.
Let say you come back from Bali with 10000 IDR left in your pocket. So, you go to bank to convert 10000 IDR to USD. You will get a weird looking face from the Teller trying to say “Are you serious?”
Why? Because it is not practical or common practice to exchange 10000 IDR to USD (in cash), as it is less than 1 USD (not including fee/commission). They EXPECT you to exchange a much larger amount of IDR.
Argument 3: The 2 decimal point will limit the price of Electroneum to something like $100, so 0.01 ETN will still be $1
Consider this:
I never heard anyone say: “Oh no, this 2 decimal points in USD will limit the price of USD, so 1 USD will never go beyond 100 or 1000 IDR.
The fact is, in the 90’s, 1 USD was around 1000 IDR or maybe even less, and now it is more than 13000 IDR.
How can a 2 decimal points affect the price or limit the price of a currency? I cannot understand the argument.
And this is just a fiat currency, as we all know that crypto currency is more “explosive” in creating price trend.
Borrowing some examples from fiat currency again, does this mean that people will never use calculation that is beyond 2 decimal points (like 3 or more decimal points)?
No, not necessarily, I believe more decimal points (something like 4 decimal points or even finer) are used in calculation of interest, loans, in exchanges, etc. Yet, it doesn’t deny the fact that the circulating denomination unit only has 2 decimal point.
Currency is dynamic, people and businesses will find one way or another to adjust with the price and denomination unit.
For example, in the old days when cash was king, when someone buy something in a shop with price of 80 cents, paid with 1 dollar bill. Then, the owner of the shop realized that he/she runs out of 20 cents coin and other less value coins. The owner of the shop will try to offer candy or chocolate or other cheap items as replacement for the change. The buyer might actually be happy with that because the buyer might appreciate candy or chocolate more than the spare change or coins.
In some payment systems, they mathematically rounded the number to the closest denominator units, like 5 cents or 10 cents.
In term of ETN, if necessary, when the price is skyrocketing. I believe, there will be some options, including creating “sub-currency”, akin to “Dollar coins”. You can buy something in ETN and get the “sub-currency” as a change. The sub-currency can either be pegged to ETN value or not, that can be defined later in the dynamic.
Argument 4: Technology affects the price of currency. Really?
Consider this article or infographic: https://illicittrade.com/infographics/worlds-most-counterfeited-currencies/
US Dollar is considered as the one of the world’s most counterfeited currency.
Then, consider another article: https://www.investopedia.com/financial-edge/0412/the-most-counterfeit-proof-currencies.aspx
“ International Association of Currency Affairs (IACA) holds an awards ceremony for currencies and individuals that have made great leaps in protecting the integrity of currencies and the technologies that go into creating and manufacturing them. In 2011, the IACA voted the Bank of Uganda as the winner of the best new banknote.”
Yet, 1 UGX = 0.000277417 USD. How come? Based on some arguments, that the more advanced the technology a currency has, the more valuable is the currency. Then, it supposed to be 1 USD = 0.000277417 UGX, not the opposite, right?
How about Bitcoin? At the moment, BTC has relatively the least technological advantage to other coins. Then why its price is the top of the chart?
Yes, you don’t want a currency that is very easily counterfeited that it is become “public secret” that everyone can counterfeit the currency at will. But you also don’t need the most secure anti-counterfeit technology to give value to the currency or make the currency as the most valuable currency.
Consider this:
  • US Dollar, EU Euro, Japanese Yen, UK Pound, Australian Dollar, Canadian Dollar and Swiss Franc, why are they perceived as valuable currency to people, investor and trader?
Because they are the most traded currency in the world. I understand there are fundamentals factors affecting the value, but it cannot be denied that people perceived the most traded currencies are more stable and valuable.
“Analyst says 94% of bitcoin's price movement over the past four years can be explained by one equation”.
That equation is about mass adoption or network effect. Put it simply, it shows that the success of Bitcoin and its price are NOT because it is the first, it is the most advanced technologically, it has the most unique features, etc. But because it gets the biggest mass adoption among other crypto currencies, at least for the time being.
  • Currency is dynamic. It involves people and people’s behaviour, not a static Math numbers or Technology features.
  • There are significant differences between crypto that is projected to be just token and the one that is projected to be currency.
When we talk about currency, people give value to currency because of “the fundamentals” value (because currency relates to the fundamentals of a country, policies and its users) and because it is the top traded/used currency in the world.
But when we talk about crypto currency, I think many people agreed it is hard to understand “the fundamentals”, so I believe the easiest to understand the value is how it will be mass adopted. The fundamentals values, I believe, will be easier to see at later stages as they will become more tangible.
These include relationships/partnerships, networks, how it will scale, how the team will keep progressing and keep making improvements (including technological improvements), the progression and manifestation of the planned roadmap, how agile is the team to respond to changes and challenges, and for ETN specifically, is the “ETN Community”. ETN community is a big asset for Electroneum like no other crypto currency has.
So, what’s the deal with 2 decimal points?
At the beginning, I thought this “2 decimal points” can be a drawback for ETN, but now I think it is a brilliant idea. Consider the following advantages of using 2 decimal points for ETN:
  • Easy to understand, human friendly notation.
Why is this important? In order for a currency to be widely adopted, people need to be comfortable enough to use it and understand the transaction quickly and easily. People are already accustomed to 2 decimal points in currency. People mindset are already trained to calculate in cents as in 0.01 and not more decimal points. Thus, this will greatly help mass adoption
  • Businesses’ accounting or business model are setup around this mindset of 2 decimal points or cents of currency.
So, if the business community wants to adopt a crypto currency like ETN, it is “just natural” adoption.
For examples, some little things like, how are you going to invoice customer with a number that has 8 decimal points? It will take longer for the business to adapt and adjust with 8 decimals. It looks like simple thing, but if you try to implement it in the business model, then it can be huge.
Another example, Businesses don’t need to adjust the format in their receipt/docket, because their current format is already 2 decimal points, just change the currency name to ETN, compare this with if the Business has to change the format of the purchase docket/receipt in 8 decimals. I am quite sure it will be quite chaotic in the first few weeks of implementation.
Then how about the data format in the database, reconciliation process, etc, etc. The list can be very long just trying to adapt with 8 decimals.
  • When Electroneum tries to create business partnerships and relationships with other big Enterprise, entity, organisation, network, etc. They don’t need to “overhaul” their system for ETN to be included in their systems.
Thanks to 2 decimal points, which comes natural in every system that uses fiat currency, these integrations can be done faster and more easily.
I think most IT people and developers understand how mind blogging it can be to change whole system just because we need to adapt with 8 decimal points and 2 decimal points at the same time.
The key here is the integration of the systems can be done faster and easier.
  • One of the target of Electroneum is to be adopted by the unbanked people, which means ETN will become one of the main currency for the payment system, which might involves, at least at early stage, features for exchanging between ETN and local currency.
You can see as ETN comes naturally with 2 decimal points, just like other fiat currencies. Integration of payment system and legacy point of sale (POS) systems can be done much easier, because ETN behaves similar to other fiat currency in term of calculation (decimal points).
The only differences (or benefits) are ETN is a crypto currency with faster transaction settlement, cheaper transaction fees, no country boundary (cheaper transfer fees), with no “middle man” like banks, no complicated registration to bank accounts, and has privacy features.
So, Electroneum community and ETN HODLers, we can look forward to the full realization of Electroneum’s potentials in the near future. I got the “feeling” that Electroneum community will play significant roles like in no other crypto currency.
Cheers,
PS: In using some currencies as examples, I am not undermining the currencies or users of the currencies. I have some friends and relatives from some of these countries whom I know are richemuch richer than average people in developed countries (in terms of Dollar wealth). It is just for the sake of example. I hope no one get offended by this.
Disclaimer: I am not affiliated with Electroneum, but I am an ETN ICO investor and HODLer. This is my personal opinion and perspective regarding the matter and NOT to be seen/taken as advise or suggestion in any kind.
submitted by CryptoDeluge to Electroneum [link] [comments]

Free Public Offering of Counos Coin and Its Effect on the Future

Free Public Offering of Counos Coin and Its Effect on the Future of Cryptocurrencies - https://www.cintjournal.com/10000-100000-lottery
The market of cryptocurrencies has revived in recent years, and the growth of all outstanding cryptocurrencies have experienced a positive process. The news of free public offering of Counos Coin can have an acceptable effect on the positive economic role of cryptocurrencies. Counos platform intends to raise the demand for the market of cryptocurrencies via public and free offering of Counos Coin to the users. This decision can change Counos Coin into a decentralized coin.
Bitcoin’s Experience and the Chance of Its Repetition
Bitcoin entered the field of financial technology in 2009. Although Bitcoin is currently considered the most valuable cryptocurrency in the market, it didn’t have any dramatic financial value in the very beginning of its advent. In April 2011, Bitcoin had a value equal to one dollar, and on June 21, 2019, this cryptocurrency experiences a value of $10700. Only in 8 years, the value of Bitcoin has grown more than ten thousand times. Almost everyone who knows a little about the market of cryptocurrencies has wished he would have saved some amount of its capital on Bitcoin. This capital has had an unprecedented growth in a short run.
The fast growth of the Bitcoin price has many reasons. The limitation in the number of Bitcoins (total number of to-be-mined coins will ultimately approach a figure about 21 million), the increase of welcoming cyberspace users to trade with Bitcoin and also a wide database of investment, all ended in exorbitant growth of Bitcoin. Although the primary objective of generating Bitcoin was to combat the financial monopoly in the context of online financial trades, by including great investors in this market, a large volume of trades is merely limited to a specific minority group in Bitcoin network in time. It is estimated that more than 40% of the volume of Bitcoin capital is in 1000 digital wallets. This issue has caused a change in the decentralized financial structure of Bitcoin.
Counos Platform intends to minimize similar problems in addition to achieving positive features through offering a strategy based on the experience of successful cryptocurrencies. According to the official notice by Counos platform, Counos coin will be distributed publicly among all users who register in this platform and install its wallet. Counos Coin has a similar structure to Bitcoin, and only 21 million of this coin will be mined. The limited number of mined coins can cause anti-inflation structure and balanced growth of its price in the future. More than 16,800,000 Counos Coins have been mined, and Counos platform wants to distribute 15 million of these coins among all users who register in this platform freely. This public and free offering of this cryptocurrency which experiences an appropriate trade in exchanges such as southxchangee can strengthen its decentralized application. All of these issues can have interesting results and probability of repeating this Bitcoin capital increase might not be far-fetched for Counos Coin too.
Public Offering and Its Benefits
The public offering of a cryptocurrency can result in dramatic advantages. This issue can guarantee and stabilize the decentralized structure of Counos Coin more than any other. As it was pointed out before, the primary purpose of Bitcoin was to create a decentralized financial structure, but with including huge investments, a large volume of Bitcoin capital is kept by a limited number of investors. The public offering of Counos Coin can avoid the repetition of aggregating investment. On the other hand, through removing the ownership of Counos Coin and its public offering, the Counos founder can raise its stable price growth. Moreover, this public offering of cryptocurrency can significantly increase active users in the financial platform; this increase will bring about positive evolutions in the market of cryptocurrencies in addition to its direct effect on value increase of Counos Coin.
A Lottery Every Six Months
Counos Coin has promised to hold a ten-thousand-dollar lottery every six months. Those who have at least one Counos Coin in their wallet will take part in this lottery. The strategy of frequent lottery can cause the increase in trades in Counos platform.
Counos
Counos platform has taken other steps in financial markets based on Blockchain before the public offering of Counos Coin. Generating stablecoins based on credible global currencies and stablecoins based on precious metals are among measures taken by Counos financial platform. Counos Cash stablecoins (based on Swiss franc), Counos E (based on Euro), Counos U (based on USD) and Counos CAD (based on Canadian dollar) are cryptocurrencies with the stable price which facilitate international financial trades. These stablecoins always have a fixed value equal to the fiat currency of the countries.
On the other hand, Counos Gold and Counos Silver, are cryptocurrencies based on gold and silver, which can be applied as a source of investment in addition to facilitating global financial trades. Counos platform has started establishing financial services according to Blockchain technology too. Counos decentralized and centralized currency exchange services will be launched in the coming week. Counos decentralized exchange system lets the users address buying and selling cryptocurrencies needless to any middleman.
Counos Escrow service can also be used as a financial service to increase the confidence level of financial contracts, buying and selling goods and services via Blockchain technology. The free public offering of Counos Coin and giving various services can be effective in the future development of the market of cryptocurrencies and Blockchain technology.
Visit here for more info: https://www.cintjournal.com/10000-100000-lottery
submitted by LovieWeb to Cryptopgraphy [link] [comments]

Free Public Offering of Counos Coin and Its Effect on the Future

Free Public Offering of Counos Coin and Its Effect on the Future of Cryptocurrencies
The market of cryptocurrencies has revived in recent years, and the growth of all outstanding cryptocurrencies have experienced a positive process. The news of free public offering of Counos Coin can have an acceptable effect on the positive economic role of cryptocurrencies. Counos platform intends to raise the demand for the market of cryptocurrencies via public and free offering of Counos Coin to the users. This decision can change Counos Coin into a decentralized coin.
Bitcoin’s Experience and the Chance of Its Repetition
Bitcoin entered the field of financial technology in 2009. Although Bitcoin is currently considered the most valuable cryptocurrency in the market, it didn’t have any dramatic financial value in the very beginning of its advent. In April 2011, Bitcoin had a value equal to one dollar, and on June 21, 2019, this cryptocurrency experiences a value of $10700. Only in 8 years, the value of Bitcoin has grown more than ten thousand times. Almost everyone who knows a little about the market of cryptocurrencies has wished he would have saved some amount of its capital on Bitcoin. This capital has had an unprecedented growth in a short run.
The fast growth of the Bitcoin price has many reasons. The limitation in the number of Bitcoins (total number of to-be-mined coins will ultimately approach a figure about 21 million), the increase of welcoming cyberspace users to trade with Bitcoin and also a wide database of investment, all ended in exorbitant growth of Bitcoin. Although the primary objective of generating Bitcoin was to combat the financial monopoly in the context of online financial trades, by including great investors in this market, a large volume of trades is merely limited to a specific minority group in Bitcoin network in time. It is estimated that more than 40% of the volume of Bitcoin capital is in 1000 digital wallets. This issue has caused a change in the decentralized financial structure of Bitcoin.
Counos Platform intends to minimize similar problems in addition to achieving positive features through offering a strategy based on the experience of successful cryptocurrencies. According to the official notice by Counos platform, Counos coin will be distributed publicly among all users who register in this platform and install its wallet. Counos Coin has a similar structure to Bitcoin, and only 21 million of this coin will be mined. The limited number of mined coins can cause anti-inflation structure and balanced growth of its price in the future. More than 16,800,000 Counos Coins have been mined, and Counos platform wants to distribute 15 million of these coins among all users who register in this platform freely. This public and free offering of this cryptocurrency which experiences an appropriate trade in exchanges such as southxchangee can strengthen its decentralized application. All of these issues can have interesting results and probability of repeating this Bitcoin capital increase might not be far-fetched for Counos Coin too.
Public Offering and Its Benefits
The public offering of a cryptocurrency can result in dramatic advantages. This issue can guarantee and stabilize the decentralized structure of Counos Coin more than any other. As it was pointed out before, the primary purpose of Bitcoin was to create a decentralized financial structure, but with including huge investments, a large volume of Bitcoin capital is kept by a limited number of investors. The public offering of Counos Coin can avoid the repetition of aggregating investment. On the other hand, through removing the ownership of Counos Coin and its public offering, the Counos founder can raise its stable price growth. Moreover, this public offering of cryptocurrency can significantly increase active users in the financial platform; this increase will bring about positive evolutions in the market of cryptocurrencies in addition to its direct effect on value increase of Counos Coin.
A Lottery Every Six Months
Counos Coin has promised to hold a ten-thousand-dollar lottery every six months. Those who have at least one Counos Coin in their wallet will take part in this lottery.The strategy of frequent lottery can cause the increase in trades in Counos platform.
Counos
Counos platform has taken other steps in financial markets based on Blockchain before the public offering of Counos Coin. Generating stablecoins based on credible global currencies and stablecoins based on precious metals are among measures taken by Counos financial platform. Counos Cash stablecoins (based on Swiss franc), Counos E (based on Euro), Counos U (based on USD) and Counos CAD (based on Canadian dollar) are cryptocurrencies with the stable price which facilitate international financial trades. These stablecoins always have a fixed value equal to the fiat currency of the countries.
On the other hand, Counos Gold and Counos Silver, are cryptocurrencies based on gold and silver, which can be applied as a source of investment in addition to facilitating global financial trades.Counos platform has started establishing financial services according to Blockchain technology too. Counos decentralized and centralized currency exchange services will be launched in the coming week. Counos decentralized exchange system lets the users address buying and selling cryptocurrencies needless to any middleman.
Counos Escrow service can also be used as a financial service to increase the confidence level of financial contracts, buying and selling goods and services via Blockchain technology.The free public offering of Counos Coin and giving various services can be effective in the future development of the market of cryptocurrencies and Blockchain technology.
Visit here for more info: https://www.cintjournal.com/10000-100000-lottery
submitted by LovieWeb to CryptoCurrencyTrading [link] [comments]

Link Collection - All Recent Core Team Communications (incl. Roadmap)

Last updated: Mar 29th, 2018

2 important things first:

General Note

Table of contents

  1. Communications
  2. Guides & Instructional links
  3. Key people to follow on Twitter
  4. Dash Core is hiring
  5. Quarterly Summaries
  6. Notable Core Team Proposals
  7. Dash Whitepapers
  8. Dash Technology Peer-reviewed
  9. Addendum: Misconceptions on Dash cleared up

Communications

  1. The birth of Dash's Governance: Self-sustainable Decentralized Governance by Blockchain
  2. 'We're Doing the Planning That Takes Us to 1 Billion" - Ryan Taylor, Dash Director of Finance
  3. The philosophy behind the DASH reward split by (now) Dash Core CEO Ryan Taylor
  4. Dash's Ryan Taylor at TNABC Bitcoin Miami 2017 (Best presentation on Dash so far!)
  5. What is DASH & Where Is It Going? 2017 DASH Open House
  6. Hong Kong | Research and Planning - by Evan Duffield
  7. Dash Roadmap to Evolution
  8. How To Enable On-Chain Scaling by Evan Duffield
  9. DFN - Interview with Evan on Dash's Roadmap
  10. Open Letter From Evan and Ryan Regarding Dash Marketing
  11. Wachsman PR - Q2 project closure report
  12. Interview With The Crypto Show! - Evan Duffield
  13. Dash Improvement Proposal No. 1 - DIP001
  14. Important information regarding wallet backups
  15. Dash Labs Network Update
  16. Copay Wallet going into closed Alpha Testing
  17. 1st Annual Dash Conference: London Keynote Professional HQ Recording
  18. DASH – DIGITAL CASH by Robert Wiecko at SWITCH! 2017
  19. Crucial information to all proposal owners: Do NOT use multisig addresses as payout destinations!
  20. Interview With Ryan Taylor, The CEO Of Dash Core Team
  21. Ryan Taylor at the World Blockchain Forum
  22. Ryan Taylor interview with Crypto Trader (MSNBC Africa)
  23. Dash Core Community Update
  24. Dash Core 12.2 Release
  25. Dash CEO Ryan Taylor: „Dash is in many ways a better Bitcoin“
  26. Update from Dash Core on Business Development
  27. How DASH is resistant to retargeting issues
  28. Dash presentation at the Euro Finance Tech in Frankfurt by essra
  29. Link collection of Dash's 2017 achievements
  30. What Is a DAO and Why Is It Revolutionary?
  31. Dash: The First DAO
  32. Welcome Bradley Zastrow - Director of Global Business Development
  33. Interview with Ryan Taylor, IR4 Podcast #12 (January 2018)
  34. Chuck Williams at Anarchapulco 2018 on Dash
  35. Dash Force Podcast E42 with Chuck Williams on Dash Evolution
  36. Evolution Demo #1 - The First Dash DAP
  37. Dash Force Podcast E43 - Feat. Fernando Gutierrez (Dash Core CMO)
  38. Our New Approach to Communications with the Community
  39. Dash Community Q&A - March 29th, 2018

Guides & Instructional links

  1. Dash Developer Documentation
  2. Upgrade Instructions for Masternodes (12.2)
  3. Upgrade Instructions for End Users (12.2)
  4. Upgrade Instructions for Masternodes (12.1)
  5. Upgrade Instructions for End Users (12.1)
  6. Paper Wallet Setup Guide
  7. Trezor Guide for Masternode Operators
  8. 8 Steps to a Successful Proposal
  9. Masternode Boot Camp by solarguy2003
  10. DASH 101 Video Series

Key people to follow on Twitter

  1. Ryan Taylor, CEO of Dash Core Inc.
  2. Fernando Gutierrez, CMO of Dash Core Inc.
  3. Bradley Zastrow, Chief of Business Development at Dash Core Inc.
  4. Andy Freer, CTO of Dash Core Inc.
  5. Chuck Williams, Head of UX Development at Dash Core Inc.
  6. Robert Wiecko, PM of Dash Core Inc.
  7. Joel Valenzuela, Dash Force
  8. Mark Mason, Dash Force
  9. Amanda B. Johnson
  10. Scott Farnsworth, The Dash Racer

Dash Core is hiring!

  1. Internship at Dash Labs
  2. DashLabs - Trezor Engineer
  3. GPU Accelerator Project
  4. DevOps Engineer @ Dash
  5. Infrastructure Manager @ Dash
  6. Sr. Backend Developer Role @ Dash

2017 Quarterly Summaries from Dash Core

  1. Dash Core Team Q1 2017 Summary Call
  2. Dash Core Team Q2 2017 Summary Call
  3. Dash Core Team Q3 2017 Summary Call
  4. Dash Core Team Q4 2017 Summary Call

2016 Quarterly Summaries from Dash Core

  1. Q1 2016
  2. Q2 2016
  3. Q3 2016
  4. Q4 2016

Notable Core Team proposals:

  1. Dash sponsored Blockchain Research in Arizona State University
  2. Conferences - The Trading Show
  3. Money 20/20 in London
  4. Conferences - BTC & Blockchain International Summit
  5. Dash Conference 2017 (London)
  6. Blockchain & Bitcoin Conference (Stockholm)

Dash Whitepapers

  1. Original Dash Whitepaper
Note: Previously the Evolution Whitepapers were linked in this section. These papers were written back in 2015 and are outdated, because Dash Evolution has seen a massive re-design and has been developed much further than those papers could have predicted. A new version will be posted here and elsewhere as soon as it is available.

Dash Technology Peer-reviewed

  1. Dash PrivateSend Peer Review by Kristov Atlas and Core Team's Response
  2. Dash Governance Peer Review by IOHK and Dash Core Team's Response

Addendum: Misconceptions on Dash cleared up

  1. What has Dash to offer other than features any other coin could just copy?
  2. InstantXploit? Cool Name, No Threat
  3. "Lazy Masternode" attack theory thoroughly debunked (see my comment)
  4. Hardware vs Software scaling - Why SegWit is not the savior of cryptocurrency
  5. How solid is PrivateSend, really? and Broken privacy promises vs Dash
  6. Dash has better wealth distribution than almost all top cryptos
  7. How is Dash NOT a ponzi scheme?
  8. PSA: DASH is not a CryptoNote clone - DashCOIN is
  9. Discussion/clarification on Dash's opensource approach
  10. Evil Masternode tyrants ruling over us?! and Masternodes in Dash = The rich get richer?
  11. Has Dash's development steadily declined over the past few months?
  12. The major advantage of optional privacy
  13. Ridiculous comments on Dash - by Kurt Robinson
  14. The Dash Masternode Network: A Response to Critics - by Eric Sammons
  15. Analysis of the first day in mining Dash by Ryan Taylor, (then) Director of Finance at Dash Core:
  16. How to Prevent the Hostile Takeover of a Blockchain: Eric Sammons on Dash Governance
  17. Official clarification on the "Instamine" issue (Fastmine actually)
  18. Evan Duffield has no more than 256,000 Dash and will give away 80% of that to fund DAOs within DASH. Follow-up: Part of the funds has already been used to found the Dash Labs research arm in Hong Kong. The lab is fully maintained through Duffield's private funding. No Treasury proposal for it exists.
  19. 10 Stupid Things People Say About Dash And How To Respond
  20. Sporks: One of the foundations of Dash's success
  21. There is no so called "Master Private Key" in Dash and there never has been. Sporks (explained above) have no relation to user funds, as the source code easily proves.
  22. Trolls vs. Users: The Limited Importance of Online Communities
  23. Dash PrivateSend and usage of denomination inputs
  24. Valuable link list from Dash Force member Mastermined
  25. "But Dash PrivateSend has a much smaller ambiguity set! Its privacy is broken!!!"
  26. Succinct refutation on Masternodes "artifically" blowing up the price & Evan Duffield being the only miner at launch
  27. Bitcoin Cash vs Dash
  28. "Dash rebranded from Darkcoin to distance itself from its dark history!!" -> Not at all. Nothing about its history is "dark" and more importantly this thread called "The Birth of Darkcoin" is stickied by Evan Duffield himself on the official main forum.
  29. "Evan Duffield lied about the launch time so he would get an unfair advantage at mining!" -> Quotes from the original launch thread on Bitcointalk: "Awesome! We'll be launching soon. Things are looking good." and "Launch is being moved to 11PM EST!". As the genesis block proves launch took place at 03:54:41 AM (UTC) on Jan. 19th, 2014 or 10:54:41 PM (EST), Jan. 18th, 2014. So if anything it was 5 minutes early.
  30. "But Litecoin is superior to Dash!!" - Really? Let's compare - Here's another sober look at the facts on this issue.
  31. Why Dash is not prone to cluster analysis attacks
  32. How "centralized" is Dash, really? & Which project is actually centralized here?
  33. From the day Dash started trading until late April 2014 anyone had the chance to buy Dash for less than 1 USD
  34. Dash Core developer MooCowMoo on alleged Masternode centralization and PrivateSend
  35. Why Masternodes have no incentive to vote in a proposal to pay themselves a large sum of Dash
  36. What is Dash's competitive edge?
  37. Why saying "Dash is a company" is false: Dash Core Inc., a company based in Scottsdale, Arizona is not the decentralized network called Dash. The network, consistent of over 4.5k globally distributed, decentralized Masternodes decided to hire and fund the company Dash Core Inc. to develop said network. This is the distinguishing property of Dash being a DAO, so it's understandable people have difficulty grasping the concept. Similarly Dash does not have a CEO, while Dash Core Inc. -obviously- has.
  38. Dash does not and never had a "dev tax": Dash has a Treasury and its distribution is being voted on each month. Only those funds that have been approved by the Masternode network go to proposal owners. The Treasury is capped at 10% of the accumulated block reward of one month. There is no central authority non-requested or non-approved funds go to and there never has been. Those funds are simply not created. So you can have months in which only 8% of the budget is being paid out, with the remaining 2% going to nobody due to not being mined.
  39. "B-but Evan Duffield can roll back the last 24 hours of the blockchain with the flick of a button!" Complete bullshit. The key in question refers to requiring a Masternode to re-validate its pre-existing blockchain in order to ensure it's on the right chain. Masternodes have nothing do with putting or removing transactions into or from the blockchain, only the miners can do that, thus claiming someone can "roll back the blockchain" in Dash is a malicious lie and a desperate attempt to make Dash look centralized when it's not. In short: No such button exists, ever existed or will ever exist.
  40. Why the total coin supply was changed or "The 84 million coin"-Question

General notes:

The Dash community is well aware that during most of its history this project has been under attack by competitors, many of which are trying to portray Dash (among many other things) as a failure. This is oxymoronic, because nobody hates on failures, especially not for 4 successful years in a row.
If you want a quick history lesson, here's a comment I made on where the Dash hate originated from back in 2014
Another, longer history lesson
Remain skeptical towards sensational accusations without evidence. Our community is helpful, knowledgeable and more than happy to answer any questions, as we have done many times on this subreddit. Still, we're all only human, have limited resources and we're just one project among many (always among the top, though!). Stakeholders and investors of other projects will always have an agenda to smear what they perceive as competition (I have yet to see our community actively go after other projects, though).
Just remember the Bullshit Asymmetry: "The amount of energy required to refute bullshit is at least an order of magnitude larger than to produce it." So it would be very unjust to expect a refutation on the spot all of the time. Prefer taking the initiative by asking the community directly about the claim you're confronted with. This community has proven many times to possess the integrity required to admit to technological shortcomings, but at the same time we'll never hesitate to call out illegitimate claims and accusations, of which there are many, for what they are.
The most common and most empty attack is "Dash is a scam".
More importantly you have to ask the critic just this one question: Who was scammed? The answer usually consists of complete silence or attempts to change the topic. This may sound all very defensive to someone who has never experienced the kind of FUD Dash has faced over the years, but the falsehoods we've refuted above are still being perpetuated by a very lonely but also very loud minority.

Not an ICO project

Regarding Dash's finances: Despite what many people assume influenced by the ICO insanity of the recent past, Dash did not have an ICO and Dash does not depend on 3rd party funding/investors. It is self funded from the blockchain and thus an entirely independent organization that does exactly what it wants, not what any angel investors want us to do. Dash is the first currency in history to achieve that.

Quick incomplete rundown of Dash's features

In fact Dash pioneered almost every single one of its features making it one of the most prolific innovators in the cryptocurrency space. Before Dash invented them, none of these features existed:
To re-iterate a previous point:
Dash has been copied by several dozen other projects either completely or through selected features indicating a strong approval of its technology within the wider cryptocurrency industry. The most copied feature by far is the Masternode system and the financial self-reliance it provides.
submitted by Basilpop to dashpay [link] [comments]

Real life stories of people screwed at Gox...

Source: https://bitcointalk.org/index.php?topic=476535.msg5255853
Hello,
I am in Japan and have deposited 12.499 million Yen (about USD 122,000) at MtGox from October to December 2013. I currently have 175 BTCs and 13,000 Yen in cash at their exchange. I also have a Premium status account.
Please let me know how to proceed. That was most of my retirement money.
Hi.
My name is xxx and I live in Sweden, Malmö. I am writing for me and for my girlfriend and my dad. We all bought and sold bitcoins a last years and made some money. We have taken out some money when we need to and right now me and my girlfriend was going to buy a house and start a family so we tried to withdraw the money in January. Since the money didn't show up after 4 weeks I tried to contact them but still nothing. I hope that together with you and some others get at least some money back. If you need any proof of the withdrawals or such I can provide some of it. We had in total $49000 on the accounts.
we are unsure how to proceed.
Help!
I have about 90 BTC and no USD in my mtgox account, which I would very much like to receive back at some point. It's only just sinking in that it might all be gone.. I can't believe I waited so long before getting it out somewhere safe, but.. here we are.
Hey there, I am interested in being a plaintiff as well. I had about 70k in Mtgox in Dec due to the price explosion in November and attempted to withdraw some funds since I wasn't comfortable having that amount hosted there. I ran into the withdrawal issue back in Dec and opened a support ticket in which I got the run around until they finally officially announced what the problem was. As the moment, I don't have any $$ in Mtgox but around 180 BTC. My stomach has been in knots all week :-(
Hello,
at the time that the withdrawal stopped I have over $3MM in fiat at Gox. I now have ~5,400 BTC there. It maybe sizeable enough for your attorneys to consider taking on a BTC claim? In any case, if they think that I can sue based on my fiat balance prior to withdrawal suspension, based on the idea that any subsequent trading was essentially fraudulent, well then I would be interested in join the effort.
Hi,
My name is xxxxxx and I am from California (if that matters). I have about 650 BTC in Gox. I haven't slept in days and haven't been able to tell my wife how much I've lost. I was an early adopter, just mining in my basement, and I can't imagine all of my time and work vanishing like this. Please contact me with what I need to do
I am a French citizen. I would like to know how to try and join you in reclaiming my lost funds. I had almost 100.000 EUR in my account. It will be a complete disaster for me if it is stolen.
I cannot reasonably afford to lose the funds I have at Mtgox. I currently hold the majority in USD, but also significant amounts of EUR and BTC.
I would like to join your action lawsui as co-paintiff. I try to keep this short since you are probably getting tons of PMs.
I'm resident of Germany and I'm waiting for ~5700 Euros (~7800 US$) to be withdrawn by MTGOX. I also have about 9 BTCs on my account there. I successfully received a MTGOX-withdrawal of 990 EUR on 2013/12/30, which was ordered on 2013/12/03.
I'm a student and this is almost all of my money I have left (I actually have a lot of debt, which I intended to pay back with that money). I'm really panicking right now and not sure what to do!!!
I'm in Tokyo as well and I lost ~8 BTC and 500,000 in JPY. Please let me know how your case progresses and whether at any time you think it would be possible to get others involved. I really hope I can get at least some of that money back. I need it.
I am very interested in your proposal of suing Mt.Gox to get what is ours.
I would need to sue for more than 70000EUR or over 90000USD. The ammount depends of the bitcoin price - not the manipulated Mt.Gox price, but like the Bitcoin price index on coinbase.com. Although it would be best if Mt.Gox let me simply withdraw my more than 170BTC.
So many people are angry about Mt.Gox and me too. They act like scamers.
I have CSV's, screenshots + multiple records everything for owning 994.90514041 BTC through my mtgox accounts.
Hi, I had 100BTC but a friend had $14000 USD on Gox. Can you put me into contact with whomever is organising the class action lawsuit?
I had some 125BTC & $1000 on MtGox. I'd prefer to recover the BTC but if not possible, USD is better than nothing. Technically at the last price the total is well above the $10000 limit. Can you count me in? What should I do next?
Hey, I'd like to get involved in this as well. Gox has yet to deliver a withdrawal of funds from late last year and currently has all my coins locked up because of their withdrawal lock. Email is below, let me know if you need any other info. Thanks,
(originally I tried to withdraw $30,000.00, but Mt.Gox cancelled my withdraw and asked me to change to GBP. Funds never arrived Mt.Gox confirmed they were unable to wire funds, but funds are not re-instated to my account. Mt.Gox admits in the e-mail funds are mine.)
I'm interested in joining as a co-P in Japan, I have $200k+ in cash balance (no bitcoins) locked up on their site right now. Let me know how many other co-Ps will be represented and the estimated legal costs. Do we have an update on the status of Mt Gox? They haven't filed for bankruptcy just yet. I'm a verified member so I'm thinking they might resume operations and just send us a check, but I'm interested in others' opinions on that.
I found your post just today after the Gox closed the site. I had 10,200 USD with them, which I traded just last week for gox coin. I initially deposited USD from bank account on November 2013, and traded on Gox just about 2 weeks ago, not knowing there was a trouble to withdraw any BTC from them. I do have screen shots from last week from trading and all my history since November 2013. My initial deposits in November have been 8000 USD and 2200 USD, so whatever trading I did in last weeks was for vain since gox did not let any BTC out of the site. Current standing on my account is about 27 BTC and around 2200 USD but since gox coin was never a real BTC, as I just learnt recently, I consider Gox owing me 10200 USD which I initially deposited.
I wish to be include in the class action lawsuit, I an non-us (EU) and have lost 50 BTC and 24,600€.
I have 93BTC at stake in mtgox. Money used to acquire it was 29k EUR.
I would like to join the lawsuit if there is any chance of getting the either the BTC or EURO-equivalent at the price determined at the time of judgement.
I want to participate. I have 85 BTC on Mt Gox.
Please update me and let me know, which further steps I have to take to participate.
I had $28500 in, and purchased 50btc @ $570. So now I have the 49.7btc still in and no fiat. Have been waiting for withdrawal to resume to clean myself of gox forever.
I was very lucky, having pulled out the bulk of my btc holdings from gox in mid-January.
Please respond if whether I can or can't participate.
i too am a Gox victim. I have 69 BTC stuck on Gox. At this stage i would be very reluctant to take such a haircut and convert to USD.
Has the lawyer you hired totally ruled out BTC cases? Is he even taking on new cases?
I have roughly $100K in my account, so it might be worth it for the lawyer to squeeze me in.
I have 50BTC in MTGOX and would be interested in joining. If yes, how large would the fees be?
If Mtgox is indeed gone and finished, I would like to know what the status of this suit is and who I can contact regarding it. I had about 111.777 BTC on gox.
I have 158 btc on MtGox and would like to take part to your lawsuit.
Most of our savings were in bitcoin, and at market rates on other exchanges, I had over $40,000 while my friends had $300,000 to 400,000.
I have 154 BTC and 0 USD in MTGOX.
I live in Malta but would like to know what my options are for joining your case?
I'm a very credible trader who pays his American taxes yearly. I feel so stupid for holding the majority of my BTC exposure on mt gox in hindsight......
I have 301 BTC on mt gox and under $10 USD, my account on gox was a verified account as well.
TL;DR: Maybe they were foolish for trusting the community too much, but they didn't deserve what they got.
submitted by cardevitoraphicticia to Bitcoin [link] [comments]

Class action suit cancelled. Some personal accounts of funds people lost included...

Source: https://bitcointalk.org/index.php?topic=476535.msg5255853
FINAL UPDATE
I'm sure that everyone is aware that MtGox declared bankruptcy yesterday. As such, our lawsuit is off and we, like everyone, will be filing a claim in bankruptcy court. Words cannot express my (our) disappointment in this whole debacle. Over the last week I have spoken to people from all around the world, many of whom are now facing financial catastrophe - and it is heartbreaking. It is especially disheartening given the noble endeavor we had set out to achieve. To create a financial system based on open source principals that would level the playing field for people around the world and liberate them from the various corrupt central banks sabotaging their success and financial freedom. Yet here we are, betrayed by a trust system similar to what we sought to avoid. Ultimately, I still believe in cryptocurrency technology and how it will revolutionize the financial world; but it is clear that still has a lot of growing up to do - both the protocol and the service ecosystem. As a testament to the REAL PEOPLE who've been left in the wake of this lesson, I'd like to share with you a small sample of the personal messages I received (personal information removed).
Hello,
I am in Japan and have deposited 12.499 million Yen (about USD 122,000) at MtGox from October to December 2013. I currently have 175 BTCs and 13,000 Yen in cash at their exchange. I also have a Premium status account.
Please let me know how to proceed. That was most of my retirement money.
Hi.
My name is xxx and I live in Sweden, Malmö. I am writing for me and for my girlfriend and my dad. We all bought and sold bitcoins a last years and made some money. We have taken out some money when we need to and right now me and my girlfriend was going to buy a house and start a family so we tried to withdraw the money in January. Since the money didn't show up after 4 weeks I tried to contact them but still nothing. I hope that together with you and some others get at least some money back. If you need any proof of the withdrawals or such I can provide some of it. We had in total $49000 on the accounts.
we are unsure how to proceed.
Help!
I have about 90 BTC and no USD in my mtgox account, which I would very much like to receive back at some point. It's only just sinking in that it might all be gone.. I can't believe I waited so long before getting it out somewhere safe, but.. here we are.
Hey there, I am interested in being a plaintiff as well. I had about 70k in Mtgox in Dec due to the price explosion in November and attempted to withdraw some funds since I wasn't comfortable having that amount hosted there. I ran into the withdrawal issue back in Dec and opened a support ticket in which I got the run around until they finally officially announced what the problem was. As the moment, I don't have any $$ in Mtgox but around 180 BTC. My stomach has been in knots all week :-(
Hello,
at the time that the withdrawal stopped I have over $3MM in fiat at Gox. I now have ~5,400 BTC there. It maybe sizeable enough for your attorneys to consider taking on a BTC claim? In any case, if they think that I can sue based on my fiat balance prior to withdrawal suspension, based on the idea that any subsequent trading was essentially fraudulent, well then I would be interested in join the effort.
Hi,
My name is xxxxxx and I am from California (if that matters). I have about 650 BTC in Gox. I haven't slept in days and haven't been able to tell my wife how much I've lost. I was an early adopter, just mining in my basement, and I can't imagine all of my time and work vanishing like this. Please contact me with what I need to do
I am a French citizen. I would like to know how to try and join you in reclaiming my lost funds. I had almost 100.000 EUR in my account. It will be a complete disaster for me if it is stolen.
I cannot reasonably afford to lose the funds I have at Mtgox. I currently hold the majority in USD, but also significant amounts of EUR and BTC.
I would like to join your action lawsui as co-paintiff. I try to keep this short since you are probably getting tons of PMs.
I'm resident of Germany and I'm waiting for ~5700 Euros (~7800 US$) to be withdrawn by MTGOX. I also have about 9 BTCs on my account there. I successfully received a MTGOX-withdrawal of 990 EUR on 2013/12/30, which was ordered on 2013/12/03.
I'm a student and this is almost all of my money I have left (I actually have a lot of debt, which I intended to pay back with that money). I'm really panicking right now and not sure what to do!!!
I'm in Tokyo as well and I lost ~8 BTC and 500,000 in JPY. Please let me know how your case progresses and whether at any time you think it would be possible to get others involved. I really hope I can get at least some of that money back. I need it.
I am very interested in your proposal of suing Mt.Gox to get what is ours.
I would need to sue for more than 70000EUR or over 90000USD. The ammount depends of the bitcoin price - not the manipulated Mt.Gox price, but like the Bitcoin price index on coinbase.com. Although it would be best if Mt.Gox let me simply withdraw my more than 170BTC.
So many people are angry about Mt.Gox and me too. They act like scamers.
I have CSV's, screenshots + multiple records everything for owning 994.90514041 BTC through my mtgox accounts.
Hi, I had 100BTC but a friend had $14000 USD on Gox. Can you put me into contact with whomever is organising the class action lawsuit?
I had some 125BTC & $1000 on MtGox. I'd prefer to recover the BTC but if not possible, USD is better than nothing. Technically at the last price the total is well above the $10000 limit. Can you count me in? What should I do next?
Hey, I'd like to get involved in this as well. Gox has yet to deliver a withdrawal of funds from late last year and currently has all my coins locked up because of their withdrawal lock. Email is below, let me know if you need any other info. Thanks,
(originally I tried to withdraw $30,000.00, but Mt.Gox cancelled my withdraw and asked me to change to GBP. Funds never arrived Mt.Gox confirmed they were unable to wire funds, but funds are not re-instated to my account. Mt.Gox admits in the e-mail funds are mine.)
I'm interested in joining as a co-P in Japan, I have $200k+ in cash balance (no bitcoins) locked up on their site right now. Let me know how many other co-Ps will be represented and the estimated legal costs. Do we have an update on the status of Mt Gox? They haven't filed for bankruptcy just yet. I'm a verified member so I'm thinking they might resume operations and just send us a check, but I'm interested in others' opinions on that.
I found your post just today after the Gox closed the site. I had 10,200 USD with them, which I traded just last week for gox coin. I initially deposited USD from bank account on November 2013, and traded on Gox just about 2 weeks ago, not knowing there was a trouble to withdraw any BTC from them. I do have screen shots from last week from trading and all my history since November 2013. My initial deposits in November have been 8000 USD and 2200 USD, so whatever trading I did in last weeks was for vain since gox did not let any BTC out of the site. Current standing on my account is about 27 BTC and around 2200 USD but since gox coin was never a real BTC, as I just learnt recently, I consider Gox owing me 10200 USD which I initially deposited.
I wish to be include in the class action lawsuit, I an non-us (EU) and have lost 50 BTC and 24,600€.
I have 93BTC at stake in mtgox. Money used to acquire it was 29k EUR.
I would like to join the lawsuit if there is any chance of getting the either the BTC or EURO-equivalent at the price determined at the time of judgement.
I want to participate. I have 85 BTC on Mt Gox.
Please update me and let me know, which further steps I have to take to participate.
I had $28500 in, and purchased 50btc @ $570. So now I have the 49.7btc still in and no fiat. Have been waiting for withdrawal to resume to clean myself of gox forever.
I was very lucky, having pulled out the bulk of my btc holdings from gox in mid-January.
Please respond if whether I can or can't participate.
i too am a Gox victim. I have 69 BTC stuck on Gox. At this stage i would be very reluctant to take such a haircut and convert to USD.
Has the lawyer you hired totally ruled out BTC cases? Is he even taking on new cases?
I have roughly $100K in my account, so it might be worth it for the lawyer to squeeze me in.
I have 50BTC in MTGOX and would be interested in joining. If yes, how large would the fees be?
If Mtgox is indeed gone and finished, I would like to know what the status of this suit is and who I can contact regarding it. I had about 111.777 BTC on gox.
I have 158 btc on MtGox and would like to take part to your lawsuit.
Most of our savings were in bitcoin, and at market rates on other exchanges, I had over $40,000 while my friends had $300,000 to 400,000.
I have 154 BTC and 0 USD in MTGOX.
I live in Malta but would like to know what my options are for joining your case?
I'm a very credible trader who pays his American taxes yearly. I feel so stupid for holding the majority of my BTC exposure on mt gox in hindsight......
I have 301 BTC on mt gox and under $10 USD, my account on gox was a verified account as well.
submitted by cardevitoraphicticia to BitcoinMarkets [link] [comments]

Need help converting EUR to sat

I have been using the Blockfolio app for Android, a portfolio app where you can see all your coins, holdings etc. But most coins I have bought them with EURO, so I do not know what the initial price in bitcoin/satoshi is worth. The app only lets you enter satoshi amount. If you enter your amount in USD or EUR, you have about 1million growth or loss :(
For example: I bought 7500x Dogecoin for a total amount of 11,05 EUR. That means 1 Dogecoin is 0,0014733 EUR. I bought 10000 x Reddcoin for a total amount of 18,81 EUR. That means 1 Reddcoin is 0,0018810 EUR.
How exactly can I know what the initial price is in satoshi? How much is 1 Dogecoin (0,0014733 EUR) in satoshi? And will this conversion be accurate? I have all my coins in a selfmade Excel file but yeah, it doesn't show my increase or decrease percentage so it's hard to keep track of everything.
I have used the site http://www.btcsatoshi.com/ to convert the EUR to sat but the rates change by the minute. One day it's 70 sat, another day it's 85 sat. So this is not 100% accurate.
Example of my spreadsheet: http://imgur.com/BWpvEpv
Is there any way I can find out what the exact amount of satoshi is? So I can track this properly on the Blockfolio app.
Thanks a lot. (sorry if this is in the wrong section!)
submitted by wittaz to CryptoCurrency [link] [comments]

[uncensored-r/CryptoCurrency] Create passive income from crypto's

The following post by x5serv is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/76bizt
The original post's content was as follows:
Hi Crypo traders!
I have been a couple of years in crypto now but really started investing in november 2016 with my primary strategy #HODL. A couple of months ago I got the idea of creating passive income from cryptocurrency and thought let’s share this. Although I lost money along the way to control-finance.com and some bad masternode investments (buying neutron on yobit) for now the ROI is impressive. Disclaimer, only invest what you can lose and always do your own due diligence. For now, my strategy is:
1. Masternodes
Where bitcoin uses a proof-of-work system where the miners are in control. Some altcoins like DASH and PIVX use the proof-of-stake system which is maintained by stakers and masternodes. Masternodes validate all public transactions within about 4 seconds by communicating each transaction across all nodes on the network to prevent double spending (Duffield, Schinzel, and Gutierrez, 2014). Running a masternode can be quite profitable.
Masternode Excel
Masternode Statistics
Masternode List
Masternode - PIVX:
  • Principal: $8.000,00
  • Rate of Interest 0%
  • ROI 5,93%
  • Your profit (Daily): $4,74
  • Your profit (Monthly): $142,20
  • Daily Reward: 1,5
  • Price $3,16
Masternode - Bitsend:
  • Principal: $9.000,00
  • Rate of Interest : 0%
  • Your profit (Daily): $11,73
  • Your profit (Monthly): $351,78
  • ROI: 13,03%
  • Daily Reward: 28,6
  • Risk: Normal / Normal
  • Price: $0,41
Masternode - Eternity:
  • Principal: $167,00
  • Rate of Interest: 0%
  • Your profit (Daily): $ 0,46
  • Your profit (Monthly): $13,69
  • ROI: 27,32%
  • Daily Reward: 2,7
  • Risk: Normal / Normal
  • Price: $0,17
Masternode - Ionomy:
  • Principal: $25.864,00
  • Rate of Interest : 0%
  • Your profit (Daily): € 32,00
  • Your profit (Monthly): $960,00
  • ROI: 12,37 %
  • Daily Reward: 25
  • Risk: Normal / Normal
  • Price: $1,28
Masternode - Syndicate:
  • Principal: $1.157,00
  • Rate of Interest: 0%
  • Your profit (Daily): $ 3,60
  • Your profit (Monthly): $108,00
  • ROI: 31,11%
  • Daily Reward: 20
  • Risk: Normal / Normal
  • Price: $0,18
2. Lending
I know a lot of people are against these lending sites and the risk is high but for the last couple of months they never missed a playout so I like to give them the benefit of the douth. DO NOT INVEST MONEY YOU CANNOT LOSE!
BitConnect:
  • Compounding in increments of $ 10 (watch the term)
  • Interest Rate: 0% to 2% (0.88% over 30 days)
  • Turn $100 into $200K in 3 years (With compounding)
  • Daily payouts!
  • Capital return (ROC): Yes
  • Start: 12-07-2017
  • Invested: $ 20,110
  • Total lending profit: $ 20,512
BitPetite: – No trades or mining just profit from the tumbler. Make sure to invest in Bitcoin, BTC not Bitcoin, USD!
  • No compounding possible!
  • 6 week program gets you a 147% total return.
  • 9 week program gets you a 180% total return
  • Weekends give 1%, weekdays 4.5%
  • Capital return (ROC): No (accumulated in the price!)
  • Start: 25-9-2017
  • Invested: $ 7,200
  • Total lending profit: $ 4,124
USI Tech:
  • Offers Auto-Rebuy (Compounding)
  • 1% per day 5 days per week
  • 50 Euro Packages Expire in 140 Business Days
  • Capital return (ROC): No
  • Start: Investigating
  • Invested: $0
  • Total lending profit: $0
Chain.Group: - Escrow Service between Investors and Trade Groups trading cryptocurrencies. You can participate in multiple trade groups.
  • Various Programs (Prefer dragon foundation)
  • Some allow compounding
  • 0.5% fee on withdrawals.
3. Staking
Investing in Masternodes can be quite expensive and not all PoS coins have masternodes. So you can also earn from staking coins, the more coins you have the higher the stake reward.
NEO (GAS)
  • Principal (250 NEO) : $7,239.63
  • Actual Dividend: 8.64%
  • Your profit (Daily): $1,714
  • Your profit (Monthly): $51,43
  • Daily Reward: 0,0755
  • Risk: Normal / Normal
  • GAS Price: $22.71/USD
Neblio
  • Principal (10000 NEBL): $22,524.00
  • Rate of Interest: 0%
  • Your profit (Daily): $8,08
  • Your profit (Monthly): $242,31
  • Daily Reward: 4,1
  • Risk Normal / Normal
  • Price: $2.25
4. Fund Managers
Fund managers are a easy way to invest in and manage multiple digital assets without thinking about which coin to invest.
ICONOMI:
  • Principal: $1000
  • Rate of Interest: 0,68%
  • Your profit (Daily) $6.80
  • Your profit (Monthly) $ 204
  • Risk / Reward: Normal / Normal
5. Mining
Individual mining is (in most cases) not profitable. Therefor some providers created mining pools, you can invest in them so they can invest in mining gear and you get a part of the profit.
Genesis Mining:
  • ROI Varies from 3 to 10 months
  • Capital return (ROC): No
  • Start: Investigating
  • Invested: $0
  • Total lending profit: $0
The actual prices may vary from day to day but those 5 are generating a profit of +- $3K per week. Hope this helps someone and if anybody has some more methods I really like to hear them!
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

4 years ago : A French Ambassador was arrested with 350 k€ at Gare du Nord in Paris.

Link: http://www.france24.com/en/20130831-france-former-ambassador-boillon-caught-350000-euros-cash
It was only 4 years ago, and as a hodler of bitcoin in 2013, I told to myself: "what a stupid man...".
The price is currently very low, if we are a bit cynical. Just think about the BIG number of people moving around the world with big amounts of money. It is far far more than the current marketcap of Bitcoin. You probably don't know Paris, but I guarantee you that thousands of Chinese people are going to the "La fayette" shop with pockets full of money every single day. Not 500$, but 50k$. Really.
And you will be also surprised to know that many malevolent people are just waiting in front of the door, to steal them.
Mind-blowing when we think about the progress accomplished with Bitcoin: the progress that let each people access their money from everywhere, securely, for the worst and the better.
It is a new paradigm, and the law will be slow to adapt. If you travel to US, being a stranger, you have always the checkbox: "I confirm that I bring less than 10000$ USD" or something like this. This is now just fun, and what was relevant a few years ago seems now just stupid.
I would really be pleased if all people here would feel as a part of the new paradigm. We are changing the world guys. Do you understand it honestly? Instead of thinking buying a new house or a new car, buy now what you will never be able to buy: changing the world.
I am now a Bitcoin millionnaire. But I am not happy with that. I live in Paris, in a small studio, but I have ideals: I want to change the world. I want to be part of a revolution. I will not sell, because I want to see the failure of the banking system. And i want to see that because I really think that the current banking system is the source of so so many troubles, including wars, including coercition, including injustice, including dictatures.
HODL. HODL for a clear economic system where the rules are known by everyone.
submitted by Carbone_ to Bitcoin [link] [comments]

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calculator,.,bitcoin,.,guiminer,.,ghash,.,bitcoin,.,g coin,.,bitcointalk,.,g cash to,.,bitcoin,.,bitcoin,.,miner.g,.,bitcoin,.,hard fork,.,bitcoin,.,hardware wallet,.,bitcoin,.,history,.,bitcoin,.,historical price,.,bitcoin,.,hack,.,bitcoin,.,how to buy,.,bitcoin,.,halving,.,bitcoin,.,how it works,.,bitcoin,.,hashrate,.,bitcoin,.,hardware wallet uk,.,bitcoin,.,h/s,.,c&h,.,bitcoin,.,main.h,.,bitcoin,.,hash.h,.,bitcoin,.,coins.h,.,bitcoin,.,best b#$h -,.,bitcoin,.,best b#$h -,.,bitcoin,.,lyrics,.,h&r block,.,bitcoin,.,h-not-zero,.,bitcoin,.,bitcoin,.,investment,.,bitcoin,.,in gbp,.,bitcoin,.,investment trust,.,bitcoin,.,index,.,bitcoin,.,inventor,.,bitcoin,.,in usd,.,bitcoin,.,india,.,bitcoin,.,inflation,.,bitcoin,.,in dollars,.,bitcoin,.,investment uk,.,i,.,bitcoin,.,in usd,.,i,.,bitcoin,.,in inr,.,i,.,bitcoin,.,to pkr,.,i,.,bitcoin,.,to dollar,.,i,.,bitcoin,.,to naira,.,i,.,bitcoin,.,in rs,.,i,.,bitcoin,.,= satoshi,.,i,.,bitcoin,.,is equal to,.,i,.,bitcoin,.,berapa 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fee,.,0.15,.,bitcoins,.,0 25,.,bitcoins,.,0.05,.,bitcoin,.,in euro,.,bitcoin,.,2.0,.,0.1,.,bitcoins,.,0.21,.,bitcoins,.,bitcoin,.,1st august,.,bitcoin,.,1 million,.,bitcoin,.,101,.,bitcoin,.,10 year chart,.,bitcoin,.,10000,.,bitcoin,.,148,.,,.,bitcoin,.,10 year prediction,.,bitcoin,.,100k,.,bitcoin,.,100 dollars,.,bitcoin,.,10 years ago,.,1,.,bitcoin,.,in gbp,.,1,.,bitcoin,.,in pounds,.,1,.,bitcoin,.,in £,.,1,.,bitcoin,.,to dollar,.,1,.,bitcoin,.,in inr,.,1,.,bitcoin,.,to euro,.,1,.,bitcoin,.,in gdp,.,1,.,bitcoin,.,in eur,.,1,.,bitcoin,.,to myr,.,1,.,bitcoin,.,in sterling,.,bitcoin,.,2010,.,bitcoin,.,2017,.,bitcoin,.,2020,.,bitcoin,.,2018,.,bitcoin,.,2009,.,bitcoin,.,2013,.,bitcoin,.,21 million,.,bitcoin,.,2012,.,bitcoin,.,2014,.,2,.,bitcoin,.,to usd,.,2,.,bitcoin,.,price,.,2,.,bitcoin,.,to inr,.,2,.,bitcoin,.,wallets,.,2,.,bitcoins to dollars,.,2,.,bitcoins free,.,2,.,bitcoins a month,.,2,.,bitcoin,.,qt,.,bitcoin,.,2 year chart,.,bitcoin,.,2 paypal,.,bitcoin,.,3000,.,bitcoin,.,31st july,.,bitcoin,.,3 confirmations,.,bitcoin,.,3.0,.,bitcoin,.,3 year chart,.,bitcoin,.,3 month chart,.,bitcoin,.,300,.,bitcoin,.,365 club,.,bitcoin,.,3000 usd,.,bitcoin,.,30 confirmations,.,3,.,bitcoins in gbp,.,3,.,bitcoins,.,3,.,bitcoins to usd,.,3,.,bitcoin,.,in euro,.,3,.,bitcoin,.,to eur,.,bitcoin,.,3 unlimited,.,bitcoin,.,3 day chart,.,bitcoin,.,3 address,.,bitcoin,.,4000,.,bitcoin,.,4chan,.,bitcoin,.,4 billion,.,bitcoin,.,401k,.,bitcoin,.,4 backpage,.,bitcoin,.,43,.,bitcoin,.,40000,.,bitcoin,.,4k,.,bitcoin,.,4 year chart,.,bitcoin,.,48,.,4,.,bitcoins,.,4,.,bitcoins to usd,.,4,.,bitcoins in gbp,.,4,.,bitcoin,.,to eur,.,bitcoins 4 backpage,.,bitcoin,.,4 igaming,.,bitcoin,.,4 u,.,bitcoin,.,4 november,.,bitcoin,.,4 cash,.,bitcoin,.,5 year chart,.,bitcoin,.,51 attack,.,bitcoin,.,500,.,bitcoin,.,5 year,.,bitcoin,.,500 000,.,bitcoin,.,5000,.,bitcoin,.,50000,.,bitcoin,.,5 year price,.,bitcoin,.,5 years ago,.,bitcoin,.,5 year forecast,.,5,.,bitcoins in pounds,.,5,.,bitcoins,.,5,.,bitcoins to usd,.,5,.,bitcoin,.,free,.,5,.,bitcoin,.,in euro,.,bitcoin,.,5 years,.,bitcoin,.,5 minutes,.,bitcoin,.,5 min,.,bitcoin,.,5 unlimited generator,.,bitcoin,.,666,.,bitcoin,.,6 months,.,bitcoin,.,6 confirmations,.,bitcoin,.,6 month chart,.,bitcoin,.,6000,.,bitcoin,.,60 minutes,.,bitcoin,.,6 confirmations time,.,bitcoin,.,6 month price,.,bitcoin,.,6 years ago,.,bitcoin,.,60 day chart,.,6,.,bitcoin,.,network confirmations,.,,.,
submitted by besterse to BestCryptoPlatform [link] [comments]

Final update on that class action suit opened against Gox

Source: https://bitcointalk.org/index.php?topic=476535.msg5255853
FINAL UPDATE
I'm sure that everyone is aware that MtGox declared bankruptcy yesterday. As such, our lawsuit is off and we, like everyone, will be filing a claim in bankruptcy court. Words cannot express my (our) disappointment in this whole debacle. Over the last week I have spoken to people from all around the world, many of whom are now facing financial catastrophe - and it is heartbreaking. It is especially disheartening given the noble endeavor we had set out to achieve. To create a financial system based on open source principals that would level the playing field for people around the world and liberate them from the various corrupt central banks sabotaging their success and financial freedom. Yet here we are, betrayed by a trust system similar to what we sought to avoid. Ultimately, I still believe in cryptocurrency technology and how it will revolutionize the financial world; but it is clear that still has a lot of growing up to do - both the protocol and the service ecosystem. As a testament to the REAL PEOPLE who've been left in the wake of this lesson, I'd like to share with you a small sample of the personal messages I received (personal information removed).
Hello,
I am in Japan and have deposited 12.499 million Yen (about USD 122,000) at MtGox from October to December 2013. I currently have 175 BTCs and 13,000 Yen in cash at their exchange. I also have a Premium status account.
Please let me know how to proceed. That was most of my retirement money.
Hi.
My name is xxx and I live in Sweden, Malmö. I am writing for me and for my girlfriend and my dad. We all bought and sold bitcoins a last years and made some money. We have taken out some money when we need to and right now me and my girlfriend was going to buy a house and start a family so we tried to withdraw the money in January. Since the money didn't show up after 4 weeks I tried to contact them but still nothing. I hope that together with you and some others get at least some money back. If you need any proof of the withdrawals or such I can provide some of it. We had in total $49000 on the accounts.
we are unsure how to proceed.
Help!
I have about 90 BTC and no USD in my mtgox account, which I would very much like to receive back at some point. It's only just sinking in that it might all be gone.. I can't believe I waited so long before getting it out somewhere safe, but.. here we are.
Hey there, I am interested in being a plaintiff as well. I had about 70k in Mtgox in Dec due to the price explosion in November and attempted to withdraw some funds since I wasn't comfortable having that amount hosted there. I ran into the withdrawal issue back in Dec and opened a support ticket in which I got the run around until they finally officially announced what the problem was. As the moment, I don't have any $$ in Mtgox but around 180 BTC. My stomach has been in knots all week :-(
Hello,
at the time that the withdrawal stopped I have over $3MM in fiat at Gox. I now have ~5,400 BTC there. It maybe sizeable enough for your attorneys to consider taking on a BTC claim? In any case, if they think that I can sue based on my fiat balance prior to withdrawal suspension, based on the idea that any subsequent trading was essentially fraudulent, well then I would be interested in join the effort.
Hi,
My name is xxxxxx and I am from California (if that matters). I have about 650 BTC in Gox. I haven't slept in days and haven't been able to tell my wife how much I've lost. I was an early adopter, just mining in my basement, and I can't imagine all of my time and work vanishing like this. Please contact me with what I need to do
I am a French citizen. I would like to know how to try and join you in reclaiming my lost funds. I had almost 100.000 EUR in my account. It will be a complete disaster for me if it is stolen.
I cannot reasonably afford to lose the funds I have at Mtgox. I currently hold the majority in USD, but also significant amounts of EUR and BTC.
I would like to join your action lawsui as co-paintiff. I try to keep this short since you are probably getting tons of PMs.
I'm resident of Germany and I'm waiting for ~5700 Euros (~7800 US$) to be withdrawn by MTGOX. I also have about 9 BTCs on my account there. I successfully received a MTGOX-withdrawal of 990 EUR on 2013/12/30, which was ordered on 2013/12/03.
I'm a student and this is almost all of my money I have left (I actually have a lot of debt, which I intended to pay back with that money). I'm really panicking right now and not sure what to do!!!
I'm in Tokyo as well and I lost ~8 BTC and 500,000 in JPY. Please let me know how your case progresses and whether at any time you think it would be possible to get others involved. I really hope I can get at least some of that money back. I need it.
I am very interested in your proposal of suing Mt.Gox to get what is ours.
I would need to sue for more than 70000EUR or over 90000USD. The ammount depends of the bitcoin price - not the manipulated Mt.Gox price, but like the Bitcoin price index on coinbase.com. Although it would be best if Mt.Gox let me simply withdraw my more than 170BTC.
So many people are angry about Mt.Gox and me too. They act like scamers.
I have CSV's, screenshots + multiple records everything for owning 994.90514041 BTC through my mtgox accounts.
Hi, I had 100BTC but a friend had $14000 USD on Gox. Can you put me into contact with whomever is organising the class action lawsuit?
I had some 125BTC & $1000 on MtGox. I'd prefer to recover the BTC but if not possible, USD is better than nothing. Technically at the last price the total is well above the $10000 limit. Can you count me in? What should I do next?
Hey, I'd like to get involved in this as well. Gox has yet to deliver a withdrawal of funds from late last year and currently has all my coins locked up because of their withdrawal lock. Email is below, let me know if you need any other info. Thanks,
(originally I tried to withdraw $30,000.00, but Mt.Gox cancelled my withdraw and asked me to change to GBP. Funds never arrived Mt.Gox confirmed they were unable to wire funds, but funds are not re-instated to my account. Mt.Gox admits in the e-mail funds are mine.)
I'm interested in joining as a co-P in Japan, I have $200k+ in cash balance (no bitcoins) locked up on their site right now. Let me know how many other co-Ps will be represented and the estimated legal costs. Do we have an update on the status of Mt Gox? They haven't filed for bankruptcy just yet. I'm a verified member so I'm thinking they might resume operations and just send us a check, but I'm interested in others' opinions on that.
I found your post just today after the Gox closed the site. I had 10,200 USD with them, which I traded just last week for gox coin. I initially deposited USD from bank account on November 2013, and traded on Gox just about 2 weeks ago, not knowing there was a trouble to withdraw any BTC from them. I do have screen shots from last week from trading and all my history since November 2013. My initial deposits in November have been 8000 USD and 2200 USD, so whatever trading I did in last weeks was for vain since gox did not let any BTC out of the site. Current standing on my account is about 27 BTC and around 2200 USD but since gox coin was never a real BTC, as I just learnt recently, I consider Gox owing me 10200 USD which I initially deposited.
I wish to be include in the class action lawsuit, I an non-us (EU) and have lost 50 BTC and 24,600€.
I have 93BTC at stake in mtgox. Money used to acquire it was 29k EUR.
I would like to join the lawsuit if there is any chance of getting the either the BTC or EURO-equivalent at the price determined at the time of judgement.
I want to participate. I have 85 BTC on Mt Gox.
Please update me and let me know, which further steps I have to take to participate.
I had $28500 in, and purchased 50btc @ $570. So now I have the 49.7btc still in and no fiat. Have been waiting for withdrawal to resume to clean myself of gox forever.
I was very lucky, having pulled out the bulk of my btc holdings from gox in mid-January.
Please respond if whether I can or can't participate.
i too am a Gox victim. I have 69 BTC stuck on Gox. At this stage i would be very reluctant to take such a haircut and convert to USD.
Has the lawyer you hired totally ruled out BTC cases? Is he even taking on new cases?
I have roughly $100K in my account, so it might be worth it for the lawyer to squeeze me in.
I have 50BTC in MTGOX and would be interested in joining. If yes, how large would the fees be?
If Mtgox is indeed gone and finished, I would like to know what the status of this suit is and who I can contact regarding it. I had about 111.777 BTC on gox.
I have 158 btc on MtGox and would like to take part to your lawsuit.
Most of our savings were in bitcoin, and at market rates on other exchanges, I had over $40,000 while my friends had $300,000 to 400,000.
I have 154 BTC and 0 USD in MTGOX.
I live in Malta but would like to know what my options are for joining your case?
I'm a very credible trader who pays his American taxes yearly. I feel so stupid for holding the majority of my BTC exposure on mt gox in hindsight......
I have 301 BTC on mt gox and under $10 USD, my account on gox was a verified account as well.
submitted by cardevitoraphicticia to Bitcoin [link] [comments]

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Bitcoin testet 10.000 USD Support mehrmals. Hält er? - YouTube

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