How to Use Bitcoin in Canada MyBTC.ca

Overstock.com taking Bitcoin is already huge news... but wait, they ship to Canada :)

Overstock.com taking Bitcoin is already huge news... but wait, they ship to Canada :) submitted by magicfab to BitcoinCA [link] [comments]

Overstock.com needs a little push to implement bitcoin payment option for international orders, and I for one would like to see Canada be first.

There is an ongoing thread in /bitcoin Here My thought is that if we can get canada to swarm this thread and request canadian service, then we can send overstock a nice email and say, "hey, go check it out and see that there is definitely demand for bitcoin payment option for overstock in Canada". bump for visibility and go leave a comment, report back here once complete.
submitted by sporabolic to BitcoinCA [link] [comments]

Overstock CEO announces in his AMA that Overstock may start accepting Bitcoin for shipments to Canada (and international) late summer 2014

Overstock CEO announces in his AMA that Overstock may start accepting Bitcoin for shipments to Canada (and international) late summer 2014 submitted by BFCanada to BitcoinCA [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/wdqni0y8s0341.jpg?width=900&format=pjpg&auto=webp&s=559305cbc911c17b0b4212cf34077649aaeff03b
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/extumj1as0341.jpg?width=1600&format=pjpg&auto=webp&s=0baec13d233184d8120339430294bcb3ef864b5d
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/zl82bhdbs0341.jpg?width=850&format=pjpg&auto=webp&s=ee97f03bb8499a2f82461a4c7a2f8edf32e3a5a4
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/hf0wsbgcs0341.jpg?width=1200&format=pjpg&auto=webp&s=223bf8720c1f36bc8fac9f18ea2e75fbb4758a3a
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/pzrux2ods0341.jpg?width=1159&format=pjpg&auto=webp&s=bed3fe83683076395fed7813c2cd57f5d76a5caa
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to Particl [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/g7tehbcqr0341.jpg?width=900&format=pjpg&auto=webp&s=fe80fbf90193be89c116cdb30ee460ea298d5f9e
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/nt581mjrr0341.jpg?width=1600&format=pjpg&auto=webp&s=7e64c4f95c902fd7c05d8b06e2a3622dc69335cd
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/h9vkgaqsr0341.jpg?width=850&format=pjpg&auto=webp&s=e6cbc946e6e9504a01554bc3924fdf453da438d6
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/30y8m9dur0341.jpg?width=1200&format=pjpg&auto=webp&s=f262509d6389339d1c919932279c124a41be6623
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/cvldgmivr0341.jpg?width=1159&format=pjpg&auto=webp&s=4e6044aeddd1fb7baa7baa01e6efc7e7c9d0a403
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to CryptoCurrencies [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/dtnnh69g8u241.jpg?width=900&format=pjpg&auto=webp&s=063838691c5dad1a75139b97f001de8c4aacb101
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/a4t5engh8u241.jpg?width=1600&format=pjpg&auto=webp&s=06842c65b7327dab71952397a6371c289441dc6b
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/g0ur5lfj8u241.jpg?width=850&format=pjpg&auto=webp&s=0c8430fe184f1ef5dadda9facb0f664a32bc7a72
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/txycsugk8u241.jpg?width=1200&format=pjpg&auto=webp&s=6ac9faec7deb0b6fa5bd52128debbe96643f65ad
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/kbfcdnml8u241.jpg?width=1159&format=pjpg&auto=webp&s=624e7910029a25cbebbb2ef53bb3d05c2ee0ce02
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to ethereumnoobies [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/vub9kkc3bu241.jpg?width=900&format=pjpg&auto=webp&s=6ce5318173bae6642128286945be9a2ea3e70e4e
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/kh52an84bu241.jpg?width=1600&format=pjpg&auto=webp&s=5fa8c9e22ee33cc26da9716f5191289c6e098de6
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/xt8s4325bu241.jpg?width=850&format=pjpg&auto=webp&s=184c213da750bc440a3cffe7d3f53b8e8d34bdcd
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/u8lg56h6bu241.jpg?width=1200&format=pjpg&auto=webp&s=89718777989c2cd93a4a0f4c988b6469b77316bb
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/lgekkrp7bu241.jpg?width=1159&format=pjpg&auto=webp&s=4b9314cd999f0e2346475b13b0b7f19be649a8cc
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to ethtrader [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/ldufepyb7u241.jpg?width=900&format=pjpg&auto=webp&s=a947e0548bf60f2d8b4b28c78396cc05c76c947f
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/uwt5lizd7u241.jpg?width=1600&format=pjpg&auto=webp&s=c9402c38d644285dddb4fff74e632bd5ff343535
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/46i871vf7u241.jpg?width=850&format=pjpg&auto=webp&s=df823350823da758f53a0bcb4577402efb2a4d80
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/7fuygybi7u241.jpg?width=1200&format=pjpg&auto=webp&s=761765a3e3fefc2343d4031891ef20c6603204e3
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/oz5wk3dk7u241.jpg?width=1159&format=pjpg&auto=webp&s=bc7cd5b3e99c28e64edb0f4e82c42c6cf0ea4def
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to CryptoBeginners [link] [comments]

Spending cryptocurrency in real life


https://preview.redd.it/40tl05q99u241.jpg?width=900&format=pjpg&auto=webp&s=86afe6aaa82da48496d39301b7219512222b03dc
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/0wpdgu6b9u241.jpg?width=1600&format=pjpg&auto=webp&s=8069e1e22561dbae313f74b9113fbec5ec0401a3
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/ub6bfrac9u241.jpg?width=850&format=pjpg&auto=webp&s=e5e28d0032030d488e62f0dd9d586a476f67fa45
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/2oltbpcd9u241.jpg?width=1200&format=pjpg&auto=webp&s=b9adebb7e37dccb00965c3f51e4dd1ae9df35513
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/iux2tbde9u241.jpg?width=1159&format=pjpg&auto=webp&s=50407e08f388b77c952f1068ba412c67d4d73ebd
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to Crypto_General [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/k8a64o2bt0341.jpg?width=900&format=pjpg&auto=webp&s=bb3846c50e83d7171b76b4a5d1ed9655d744e4e0
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/yde5cqxbt0341.jpg?width=1600&format=pjpg&auto=webp&s=d348935ca289b7dc29396d6f8ce509b414628485
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/2z12yw3dt0341.jpg?width=850&format=pjpg&auto=webp&s=83074b41a0c56bff9c7072adb1a2a07516e06b7a
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/i5ywojiet0341.jpg?width=1200&format=pjpg&auto=webp&s=f17be04f8f969d1cef45b9f7777674fffc7d5aa5
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/1yni3oqft0341.jpg?width=1159&format=pjpg&auto=webp&s=53441acab6c4dae058b843cbf2af72d235956bba
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to CryptoCluster [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/xbhapukss0341.jpg?width=900&format=pjpg&auto=webp&s=d2e333ecc3050402af5671e3263d262b95c9d1f7
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/p6p2mn7us0341.jpg?width=1600&format=pjpg&auto=webp&s=b2f9d66ef51481af16a5a6db251f6f3e1efdb31b
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/rl4btlmvs0341.jpg?width=850&format=pjpg&auto=webp&s=d3dc04470015e5db19de68c0a7ceb97a20fa5fa0
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/c9zrdusws0341.jpg?width=1200&format=pjpg&auto=webp&s=da76fcd436c04fbd38324bd4a60f5844ed3c2e66
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/xzq1tf4ys0341.jpg?width=1159&format=pjpg&auto=webp&s=28ab30982d35919653307870b20f2bdf8deff02f
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to ethdev [link] [comments]

How does the Blockchain Technology Change the Finance?

01 Through Cross-Border Payment , New Asset Types and other Regulatory Compliance Many large banks, central banks, financial institutions, idea banks, inquiry companies and the futurology reasearch laboratory of government committee all raise their questions on this issue.
R3CEV, an organization which is composed of the large banks in the globe, is trying to make explanation on this issue. The Goldman Sachs, McKinsey and Consumers’ Research had been put forward fabulous reports based on this issue, while the UK government, the US senate, Canada, Australia and European Union also carry out related surveys on it.
Many startup companies has made the white paper for the innovation and application of blockchain technologies, among which will mention a larger social issue, “How does this technology change the society?”
Plenty of studies underline the following four major changed fields:
02 The Infrastructure of Cross-Border Transactions
As we all know, the digital revolution has changed the media thoroughly, which will also have influence on the financial industry to some degree. Besides, the financial organizations had been used the computer long before. From 1970s to 1980s, they set the computer as their databases, take advantage of the computer to create the website interface in 1990s and shift their focus on developing the mobile App in 21rst century. However, the digital revolution has little influence on the cross-border transaction. The West Union still remains big problems, since it uses the same business to operation related programs. Like the easy operation of cross-border remittance, the bank still use the complicated infrastructure to operate it.
The information chart below is provided by Richard Gendal Brown, it displays the development of cross-border business infrastructure and intermediary organs from 1970s till now. This structure is the outcome caused by the financial industry applying the high-security protection system on private database.
The Blockchain technology is to construct the direct relation between the financial institutions and does not need the correspondent banking any more. The main product of R3 aims at deal with the business of correspondent banking. Corda is consisted of two vocabulary “accord” and cord. In the case of Corda, the circle is composed by the banks which uses the shared account book and those banks use the shared account book to deal with the transactions, agreement and important documents.
Mr. Brown used to work in the IBM’s Blockchain project and then shift to the R3CEV. The competition between financial organizations can use the universal database to track the implement of transactions, liquidation and clearing without involving any central database or management system. In a nutshell, banks will be able to formalize and protect each other’s digital relationships in the way that were previously impossible to implement. In the description mentioned above, it means that the correspondent banking agreements and the Real Time Gross Settlement, RTGS will be replaced. Transactions can be carried out in the P2P smoothly. Ripple, a private link, is used to solve many of these issues.
c As a Classification Digital Asset
Bitcoin has created some special things: digital property. Before the Bitcoin, word “digital” is not rare. Any digitization stuff can be copied through a click button and it can be proved in the musical industry and album sales.
However, bitcoin does something fancy: it create a digital code that can’t be copied. Therefore, since the invention of the bit character, we have the way to copy the number for the first time, which gives the digital code a kind of value. Until now, the value bitcoin is based on the blockchain to prevent the double cost and fake coin. Concerning this point, the creator of blockchain create the coloured coins as company’s shares. The 'color' of these coins represents the ownership information provided by the private encryption key.
After the permission of U.S. Securities and Exchange Commission, SEC, the online retailer giant Overstock declare that Announced that it will publicly issue company shares on its own blockchain platform. We also saw the emergence of “Initial Coin Offering (ICO)” and “appcoins” (the native cryptocurrency of applications used to assist project development financing). This case are part of blockchain digital asset. Blockchain can be considered as the digital asset as well as the market operation itself. Basically, this digital asset can be regarded as the bearer instrument, a extensive and ingenious application.
04 Management and Market
For the regulators, the blockchain can be a completely transparent and suitable recording system. Once coded, they can also be used to authorize transactions that comply with regulatory filings. For example, banks have strict reporting obligations to institutions such as the Financial Crimes Enforcement Network (FinCEN). As long as the bank approves any transaction that exceeds $10,000, it will need to report it to FinCEN, and FinCEN will store the information as an anti-money laundering database.
06 Clearing and settlement
For the paper world transactions, the time frame for clearing and settlement transactions is usually “T+3” - that is, three days after the transaction.
Through blockchain technology, the entire trading cycle—execution, clearing, and settlement—can occur in the same step. Under digital assets, transactions mean settlement, and mastery of encryption keys and digital ownership, which can reduce post-trade latency and counterparty risk of the other party's non-compliance.
07 Accounting and auditing
Although most databases are snapshots at a certain point in time, the blockchain database is constructed based on its own transaction history. They are a database with context, history, and independent records. This has far-reaching implications for accounting and auditing.
submitted by DigiEx-1 to BlockChain_info [link] [comments]

Ravencoin Open Developer Meeting - 1/4/2019

[14:04] Hi everyone! [14:04] :dabbitwave: [14:04] Hey Everybody! [14:04] Hello 😃 [14:04] Sorry we're getting started a bit late. [14:04] Topics: SLC Meetup (March 15th) [14:04] 👋 [14:04] Roadmap breakdown - posted to github [14:05] IPFS (integration) [14:05] greetings 👋 [14:05] So, SLC Meetup on the 15th! [14:05] Great! [14:05] Hi! [14:06] Hi all — a special thanks to the developers and congratulations on an amazing first year!!! # [14:06] <[Dev] Blondfrogs> Hello Everyone! [14:07] We have a tentative agenda with @Tron , @corby speaking. [14:08] We would like to have nice walkthrough of the Raven DevKit for the meetup. [14:08] We are planning on hosting a meetup in SLC at the Overstock building on March 15th from 6:00pm-9:00pm. It is free admission, but there is a page on meetup.com where people can rsvp so that we have a somewhat accurate headcount for food. [14:08] sup guys [14:08] hey russ [14:09] We are planning on having a few speakers and have allotted a bit of time at the end for people to meet and greet each other. [14:09] can you guys link us to the page somewhere when thats available? 😄 [14:10] free food?! [14:10] todays topic? [14:10] yeah can we indicate pepperoni pizza [14:10] Sounds good to me @Jeroz Nothing ordered yet though. 😃 [14:10] only pepperoni pizza is served at true blockchain meetings right [14:10] :blobhide: [14:10] Absolutely. The itinerary just needs to be finalized and then I'll make a broad post about the rest of the details. [14:11] https://www.meetup.com/Salt-Lake-City-salt-lake-city-Meetup/ [14:11] 😭 so far away [14:11] West Coast! [14:11] @MTarget But there's pizza, so worth the travel time. [14:11] lol [14:12] I'll be watching the stream if its available since i'm from montreal/canada 😛 [14:12] Ah yes, I love $300 pizza 😉 [14:12] as long as I get to see your smiling faces @Tron @RavencoinDev then it's worth the time [14:12] We'll be there. [14:12] We'll be messaging additional details as they get finalized. [14:12] Greeting and salutations! [14:12] sup [14:13] Hey, $300 is considerably cheaper than 2 $3,700,000 pizzas. [14:14] Ok, switching topics... [14:14] yeah its a way to fly, [14:14] question is whether those piza's will be paid for in RVN coin or not :ThinkBlack: [14:14] Roadmap [14:14] It hasn't changed, just added some detail. [14:14] https://github.com/RavenProject/Ravencoin/tree/masteroadmap [14:15] nice [14:15] This now links to a breakdown for messaging, voting, anti-spam, and rewards (dividends) [14:15] will there be any additional RPC functionality coming in the future, thinking in terms of some functions that are only available in ravencore-lib [14:15] apologies if now is not time to ask questions, i can wait for later [14:15] "Phase 7 - Compatibility Mode" - that's new 😮 [14:15] The protocol for messaging is pretty well established, but the rest isn't in stone (code) yet. [14:16] can you give us details on compatibility mode? [14:16] In broad brush strokes. [14:17] The idea is to allow ravend to act as a daemon that looks like a single coin. [14:17] so ravend that only works with the bitcoin asset? [14:18] interesting [14:19] So you start it with an option to only work with a single asset/token account or something? [14:19] hmm compelling what is the reason for this? some kind of scale or performance? [14:19] ^ [14:19] Example: Configure ravend to listen for transfer RPC call for senttoaddress or sendfrom, but for a specific asset. This would allow easy integration into existing system for assets. [14:20] Only the daemon or the whole wallet UI? [14:20] yeah thats great, rpc functions dont allow us to do this yet, if i recall [14:20] or at least we depend more on ravencore lib [14:20] so like asset zmq [14:20] that's smart [14:20] @Tron it also sounds like it makes our life easier working with RPC, instead of core all the time for some functionality [14:21] if i understand correctly anyways [14:21] So you could run numerous instances of ravend each on their own network and RPC port, each configured for a different asset. You would need some balance of RVN in each one to cover transaction fees, then. [14:21] id be curious to know what all the advantages are of this [14:21] one more question, how would i decentralize the gateway between bitcoin mainnet/ravencoin mainnet? in the current RSK implementation they use a federated gateway, how would we avoid this? [14:21] it sounds neato [14:21] Just the daemon. The alternative is to get exchanges to adapt to our RPC calls for assets. It is easier if it just looks like Bitcoin, Litecoin or RVN to them, but it is really transferring FREE_HUGS [14:22] That makes sense. Should further increased exchange adoption for each asset. [14:22] hmm yeah its just easier for wallet integration because its basically the same as rvn and bitcoin but for a specific asset [14:22] so this is in specific mind of exchange listings for assets i guess [14:23] if i understand rightly [14:23] @traysi Gut feel is to allow ravend to handle a few different assets on different threads. [14:23] Are you going to call it kawmeleon mode? [14:23] Lol [14:23] I read that as kaw-melon mode. [14:24] same lol [14:24] so in one single swoop it possible to create a specific wallet and server daemon for specific assets. great. this makes it easier for exchanges, and has some added advantages with processing data too right? [14:24] Still keeping a RVN balance in the wallet, as well, Tron. How will that work is sendtoaddress sends the token instead of the RVN? A receive-RVN/send tokens-only wallet? [14:25] @traysi Yes [14:25] sendtoaddress on the other port (non RVN port) would send the asset. [14:25] This will be a hugely useful feature. [14:25] ^ [14:26] @Tron currently rpc function not support getaddresses senttowallet and this has to be done in ravencore lib, will this change you propose improve this situation [14:26] Config might look like {"port":2222, "asset":"FREE_HUGS", "rpcuser":"hugger", "rpcpass":"gi3afja33"} [14:26] how will this work cross-chain? [14:28] @push We'd have to go through the rpc calls and work out which ones are supported in compatibility mode. Obviously the mining ones don't apply. And some are generic like getinfo. [14:28] ok cool 👍 cheers [14:29] for now we continue using ravencore lib for our plans to keep track i just wondering if better way [14:29] as we had some issue after realising no rpc function for getting addresses of people who had sent rvn [14:29] @push | ravenland.org all of the node explorer and ravencore-lib functionality is based on RPC (including the addressindex-related calls). Nothing you can't do with RPC, although I'm not sure of the use cases you're referring to.. [14:29] interesting, so ravencore lib is using getrawtransaction somehow [14:29] i thought this may be the case [14:29] that is very useful thankyou for sharing this [14:30] look into addressindex flag and related RPC calls for functions that operate on addresses outside your wallet [14:30] thank you that is very useful, tbh i am not very skilled programmer so just decoding the hex at the raven-cli commandline was a challenge, i shall look more into this, valued information thanks as this was a big ? for us [14:31] Ok, things have gone quiet. New topic. [14:31] IPFS (integration) [14:31] GO [14:33] ... [14:33] <[Dev] Blondfrogs> So, we have been adding ipfs integration into the wallet for messaging. This will allow the wallets to do some pretty sweet stuff. For instance, you will be able to create your ipfs data file for issuing an asset. Push it to ipfs from the wallet, and add the hash right into the issuance data. This is going to allow for a much more seamless flow into the app. [14:34] <[Dev] Blondfrogs> This ofcourse, will also allow for users to create messages, and post them on ipfs and be able to easily and quickly format and send messages out on the network with ipfs data. [14:34] It will also allow optional meta-data with each transaction that goes in IPFS. [14:34] will i be able to view ipfs images natively in the wallet? [14:34] <[Dev] Blondfrogs> Images no [14:34] We discussed the option to disable all IPFS integration also. [14:35] @russ (kb: russkidooski) Probably not. There's some risk to being an image viewer for ANY data. [14:35] No option in wallet to opt into image viewing? [14:35] cool so drag and drop ipfs , if someone wanted to attach an object like an image or a file they could drag drop into ui and it create hash and attach string to transaction command parameters automatically [14:35] We could probably provide a link -- with a warning. [14:35] nomore going to globalupload.io [14:35] :ThinkBlack: [14:35] I understand that the wallet will rely on globalupload.io. (phase 1). Is it not dangerous to rely on an external network? Or am I missing something? [14:36] hmm [14:36] interesting, i suppose you could hash at two different endpoints and compare them [14:36] if you were that worried [14:36] and only submit one to the chain [14:36] You will be able to configure a URL that will be used as an IPFS browser. [14:36] Oh ic [14:36] you wont flood ipfs because only one hash per unique file [14:36] <[Dev] Blondfrogs> There are multiple options for ipfs integration. We are building it so you can run your own ipfs node locally. [14:36] <[Dev] Blondfrogs> or, point it to whatever service you would like. e.g. cloudflare [14:36] this is very cool developments, great to see this [14:37] Just like the external block explorer link currently in preferences. [14:37] @[Dev] Blondfrogs what about a native ipfs swarm for ravencoin only? [14:37] We have discussed that as an option. [14:37] @push | ravenland.org Considering having a fallback of upload through globalupload.io and download through cloudflare. [14:37] <[Dev] Blondfrogs> @russ (kb: russkidooski) We talked about that, but no decisions have been made yet. [14:37] yeah, i would just use two endpoints and strcompare the hash [14:37] as long as they agree good [14:37] submit tran [14:38] else 'potentially mysterious activity' [14:38] ? [14:38] if you submitted the file to ipfs api endpoints [14:38] Will the metadata just be a form with text only fields? [14:39] and then you would get 2 hashes, from 2 independent services [14:39] that way you would not be relying on a central hash service [14:39] and have some means of checking if a returned hash value was intercepted or transformed [14:39] i was answering jeroz' question [14:40] about relying on a single api endpoint for upload ipfs object [14:40] We have also kicked around the idea of hosting our own JSON only IPFS upload/browse service. [14:41] I have a service like this that is simple using php [14:41] we only use it for images right now [14:41] but fairly easy to do [14:41] Yup [14:42] Further questions about IPFS? [14:43] contract handling? file attach handling? or just text fields to generate json? [14:44] trying to get an idea of what the wallet will offer for attaching data [14:44] Probably just text fields that meet the meta-data spec. [14:44] ok noted [14:44] What do you mean by contract handling @sull [14:45] We won't prevent other hashes from being added. [14:45] asset contract (pdf etc) hash etc [14:45] <[Dev] Blondfrogs> also, being able to load from a file [14:45] got it, thanks [14:47] Let's do some general Q&A [14:48] Maybe just a heads up or something to look for in the future but as of right now, it takes roughly 12 hours to sync up the Qt-wallet from scratch. Did a clean installation on my linux PC last night. [14:48] Any plans or discussions related to lack of privacy of asset transfers and the ability to front run when sending to an exchange? [14:48] ^ [14:48] Is there a way to apply to help moderate for example the Telegram / Discord, i spend alot of time on both places, sometimes i pm mods if needed. [14:49] Any developed plans for Asset TX fee adjustment? [14:49] also this^ [14:49] @mxL86 We just created a card on the public board to look into that. [14:49] General remark: https://raven.wiki/wiki/Development#Phase_7_-_Compatible_Mode = updated reflecting Tron's explanation. [14:49] @mxL86 That's a great question. We need to do some profiling and speed it up. I do know that the fix we added from Bitcoin (that saved our bacon) slowed things down. [14:50] Adding to @mxL86 the sync times substantially increased coinciding with the asset layer activation. Please run some internal benchmarks and see where the daemon is wasting all its cycles on each block. We should be able to handle dozens per second but it takes a couple seconds per block. [14:50] @BW__ no plans currently for zk proofs or anything if that's what you're asking [14:50] You are doing a great job. Is there a plan that all this things (IPFS) could be some day implemented in mobile wallet? Or just in QT? [14:50] i notice also that asset transactions had some effect on sync time as we were making a few. Some spikes i not analysed the io and cpu activity properly but will if there is interest [14:51] we are testing some stuff so run into things i am happy to share [14:51] @BW__ Might look at Grin and Beam to see if we can integrate Mimble Wimble -- down the road. [14:51] yeees [14:51] @J. | ravenland.org work with the telegram mods. Not something the developers handle. [14:51] i love you [14:51] @J. | ravenland.org That would be best brought up with the operators/mods of teh telegram channel. [14:51] @corby @Tron thnx [14:51] @S1LVA | GetRavencoin.org we're planning on bumping fees to... something higher! [14:51] no catastrophic failures, just some transaction too smals, and mempool issues so far, still learning [14:52] @corby i thought that this may happen :ThinkBlack: [14:52] @corby x10? 100x? 1000x? Ballpark? [14:52] Definitely ballpark. [14:52] 😃 [14:52] 😂 [14:52] Is a ballpark like a googolplex? [14:53] @push | ravenland.org asset transactions are definitely more expensive to sync [14:53] yes yes they are [14:53] they are also more expensive to make i believe [14:53] 10,000x! [14:53] as some sync process seems to occur before they are done [14:53] @traysi ★★★★★ thanks for the suggestions we are going to be looking at optimizations [14:53] But, it is way slower than we like. Going to look into it. [14:53] i do not understand fully its operation [14:53] 1000x at minimum in my opinion [14:53] its too easy to spam the network [14:54] yes there has been some reports of ahem spam lately [14:54] :blobhide: [14:54] 😉 [14:54] cough cough ravenland [14:54] @russ (kb: russkidooski) we're in agreement -- it's too low [14:54] default fee 0.001 [14:54] ^ something around here [14:54] @corby yep we all are i think [14:55] waaay too low [14:55] meaningful transactions start with meaningful capital expense [14:55] though there is another scenario , there are some larger volume, more objective rich use cases of the chain that would suffer considerably from that [14:55] just worth mentioning, as i have beeen thinking about this a lot [14:55] there are some way around, like i could add 1000 ipfs hashes to a single unique entity, i tested this and it does work [14:56] @russ (kb: russkidooski) What would you suggest. [14:57] I had a PR for fee increase and push back. [14:57] Ignore the push back. 0.001 RVN is not even a micro-farthing in fiat terms [14:57] definitely around 1000x [14:57] Vocal minority for sure [14:57] ^ yep [14:57] @russ (kb: russkidooski) That sounds reasonable. [14:57] Couple hundred Fentons [14:58] right now an asset transaction is 0.01 of a penny essentially [14:58] 1 RVN would work now, but not when RVN is over $1. [14:58] yes exactly [14:58] Hi. Late to the party. [14:58] We are also talking about a min fee. The system will auto-adapt if blocks fill up. [14:58] im thinking tron, some heavy transaction use cases would fall out of utility use if that happened [14:58] so whats the thinking there [14:59] is there a way around the problem, bulked ipfs hash transactions? [14:59] 1000x would put us around btc levels [14:59] maybe a minimum 500x? [14:59] @russ (kb: russkidooski) Agreed. [14:59] <[Dev] Blondfrogs> It is time to wrap it up here. Everyone. Thank you all for your questions and thoughts. We will be back in 2 weeks. 😃 [14:59] Small increase and review. [14:59] Thanks all! [14:59] Cheers. [15:00] yeah sorry for 1 million questions guys hope i didnt take up too much time [15:00] cheers all 👍 [15:00] Thanks everyone [15:00] Thanks everyone for participating!!! [15:00] That is what we are here for [15:00] 100x-500x increase, 1000x maximum [15:00] 🍺

submitted by Chatturga to Ravencoin [link] [comments]

Cryptocurrency: Is It Still Alive or Dying? Part 2.

Cryptocurrency: Is It Still Alive or Dying? Part 2.
Part 2. Political and Economic Trends in Favor of the Cryptocurrency Market Development

In the first part of the story we showed that the cryptocurrency market crash in 2018 and the beginning of its recovery in 2019 fit well into the general patterns of the financial bubbles’ development, and also repeat pretty well the Bitcoin dynamics of 2014-2016. But besides the analogies with other bubbles, there are a lot of other arguments in favor of the global growth of the market, among which are the political and economic trends of the recent years.

Relaxation of the Political Climate around the Cryptoassets

The entire year of 2017 has witnessed heated discussions as to the legal status of the digital assets. One of the central events of the year was their legalization in Japan in April. Precisely this legalization, according to many, spurred a dramatic growth of the cryptocurrency market in May (especially, altcoins). But the majority of other countries during this period held more skeptical positions.

The U.S. government on several occasions refused to register bitcoin-ETF - exchange-traded funds, the price of shares in which would repeat the price of BTC. The U.S. government also extremely tightened the conditions of the ICO procedure, while some countries, such as China and South Korea - have banned it completely. Certain countries, such as Indonesia and Salvador, have banned cryptocurrencies to the extent of criminal responsibility.

A number of countries, including Russia, have adopted a cautious wait-and-see attitude, regularly promising to impose restrictions of varying severity, but not hurrying to sign it into law.

A turning point on the way to the global recognition of the cryptocurrency was the beginning of trading the Bitcoin futures at the Chicago exchanges (CME) (the world’s largest stock exchange in terms of turnover) and CBOE in December of 2017. That is when the American government admitted openly that cryptocurrencies are now to be reckoned with. With the beginning of this trade, the powerful financial circles of the USA, whose opinion cannot be ignored by the political leadership, became interested in the development of the cryptocurrency market.

Chicago Mercantile Exchange, CME – the world leader in terms of trade volume

In 2018, the following paradox became obvious: even if over the longer term cryptocurrencies are dangerous for the modern political system (tied up in the central banks and the currency exchange regulation), the countries that will be the first to prohibit them will be most affected along with those countries that will simply overdo stirring up negative attitude. Those countries that will settle on legalization will benefit. The drain of brains and capitals will be directed to these countries from the more repressive or unpredictable countries. A typical example of that - Crypto Project GRAM of the Russian businessman Pavel Durov, whose ICO in 2018 reached a record amount, but it was carried out in USA, and not in the legislatively uncertain Russian Federation.

The experience of the countries that have legalized the cryptocurrencies, proved successful both from the financial standpoint, and from the perspective of the international prestige. They proved themselves to be open to the progress and new freedoms. In addition to Japan, Switzerland is especially noteworthy here, because it legalized cryptocurrencies as early as in 2016, but the most brilliantly announced about itself in 2018, when its banks began to introduce cryptocurrency services one after another. Among the innovator banks there was even a Swiss subsidiary of the Russian Savings Bank (Sberbank). The very expression “Swiss bank” became a synonym of not only high reliability, but also innovation.
A milestone event of 2018 was legalization of cryptocurrencies in Germany – the leading economy of the European Union. Rather liberal measures relative to the cryptocurrencies are being applied today in Czechia, Sweden, Canada, Denmark, Australia, Estonia, Norway, Finland, and a number of other countries.

“Legalization parade” has shown: the politicians with repressive attitudes cannot count on the global ban of the cryptocurrencies (which seemed theoretically possible in 2016-2017). Economically developed countries made an obvious choice: “if you cannot stop the process – become its leader”. And precisely in these countries the maximum capitals are being circulated, and the market situation depends precisely on their business activity.

Explosive Growth of the Retail Use of Cryptocurrencies
Despite obvious popularization of cryptocurrencies, there is still a myth that they are purely investment and speculative instrument, which, even if used as a payment method – only in the dark net, and as a means of payment for illegal commodities. But this is not the case today. As far back as 2013-2015, legal services accepting bitcoin emerged, and in 2016-2018 their market has undergone explosive growth.

The pioneers of the cryptocurrency market of goods and services in 2013, were, for example, Virgin Galactic – space tourism company, Victoria’s Secret lingerie company, Shopify - a supplier of software for the online stores. In 2014, the cryptocurrency was adopted by the Overstock online store, Expedia tourism service, Zynga – operator of the online games, the software monster Microsoft and many others. Some of these companies considerably went up due to the innovations: for example, the shares of Shopify and Overstock have increased in price several-fold since then.

As of today, the cryptocurrency is accepted by hundreds of large companies and thousands of small ones, while the range of their products is approaching the one in a traditional economy. The most popular categories of the goods for the cryptocurrency in the large famous companies are tourism and air tickets (Expedia), software and games (Microsoft, Shopify, Zynga, Steam), clothing and other consumer goods (Victoria’s Secret, Overstock.com, Rakuten), as well as food products (Subway, KFC, Burger King – in Russia). As an example, Playboy erotic products, premium accounts of the 4chan.org and reddit.com forums, Bloomberg.com business news, automobiles in the Czech show room Alza and many other goods can be also purchased for cryptocurrency.

A number of well-known companies, although they prefer traditional payments, nevertheless allow crypto payments through the intermediary services, such as gyft.com (trading with the card Gyft for BTC). For example, Ebay online store, Wallmart supermarket chain, Starbucks restaurants, Uber taxi service, etc. The turnover of gyft.com is evaluated in the amount of 25 million dollars with only 38 employees.
Small start-up companies often use ready-made multicurrency gateways such as coinpayments.net. It supports dozens of currencies, and hosts about 400 companies. In addition to mainstream, it contains a lot of specialized commodities. For example, crypto-armory.com sells cartridges, francvila.com – Swiss watches, directvoltage.com - 3D-printers, electric motors, CNC machines, etc. Some new stores not only accept cryptocurrencies, but also purposely give up fiat currency. For example, crypto-armory.com, explaining their refusal from fiat currency, state both ideological, and narrow pragmatic reasons. In the opinion of the owners of the store, it is easier to accept cryptocurrency payments both technically and legally.

Cartridges from the cryptocurrency store crypto-armory.com
An important trend of 2017-2018, in addition to the general growth of the commodity market - re-orientation of the stores to the multi-currency payments. Whereas previously most of them accepted only BTC, now a sign of good manners is to accept also LTC, ETH, XMR and at least several more currencies.

Thus, while the politicians were solving the problem in the manner “not possible to allow - disallow”, a vast market of commodities for cryptocurrency spontaneously emerged on the Internet. Some of its participants have multibillion capitalizations. This market is very international. The majority of commodities and services can be bought even from Russia and other countries, where cryptocurrency is not legal as an internal payment instrument, but is not prohibited as such. Today, it is hard to imagine a consumer good, which cannot be bought for cryptocurrency.

The Latest Trend – Support of Cryptocurrencies by Smartphones

The first smartphone with a cryptocurrency wallet was HYPERLINK "https://bitcryptonews.ru/blogs/sravnenie-blokchejn-smartfonov-exodus-1-i-finney"HTC Exodus 1, released in the autumn of 2018. Then, a crypto smartphone HYPERLINK emerged "https://bitcryptonews.ru/blogs/obzor-kriptosmartfona-finney"Finney. And in March of 2019, the baton was unexpectedly picked up by the smartphone from the major South Korean company, Samsung - Galaxy S10. And although Samsung refrained from the direct embedding of the cryptocurrency wallet into the standard supply set, a brand wallet of Samsung can be installed from the Galaxy Store.

Galaxy S10 – the first smartphone from Samsung with cryptocurrency support

On the part of crypto enthusiasts, there are a number of claims to Samsung initiative, among which – the lack of bitcoin support (BTC). At the moment, Samsung Blockchain Wallet supports only Ethereum (ETH) and ERC-20 standard currencies and tokens created on its basis:
Basic Attention Token (BAT), Chainlink (LINK), BinanceCoin (BNB), True USD (TUSD), USD Coin (USDC), Paxos Standard (PAX) and others.

Anyway, from a political and PR perspective, the emergence of Galaxy S10 is a great event.

First of all, smartphone can attract to the cryptocurrency market new people who have greater confidence in the famous brand, than in the traditional bulky cryptocurrency wallets. Now, many people are frightened away from the cryptocurrencies only by technical difficulties, whereas smartphones on many occasions have proved their ability to promote to the masses those things, which previously seemed to be very complex.
Secondly, this step of Samsung is a clear signal both to the domestic and foreign governments: big business is on the side of the new technologies. South Korea has a reputation of a country not very friendly to cryptocurrencies, however, its business giant publicly demonstrated another attitude.
Thirdly, the initiative of Samsung with a high degree of probability will be emulated by other leading producers of communication devices. Thus, shortly after the release of Galaxy S10, there appeared a news that a cryptocurrency wallet will soon be available in iOS Opera Touch, which means that cryptocurrencies can be also stored in iPhone of Apple.
All this creates excellent prerequisites both for the world legalization of the cryptocurrencies, and for the growth of the market due to the increase of the number of users.

Conclusion
Thus, despite the “roller coaster” of the cryptocurrency exchange rates, some fundamental processes have developed steadily in the same direction in the recent years: expansion of the commodity market for cryptocurrency, increase in the number of countries with a liberal attitude to cryptocurrencies, adoption of cryptocurrencies as a strategic technology by more and more industrial giants. The total number of individuals who tried to work with the cryptocurrencies grows steadily, while the new technological trends (in particular, crypto smartphones), can additionally accelerate this growth.

The only thing that can seriously damage a cryptocurrency market is its global ban, but it seems to be unlikely. Right now there are about 40 million bitcoin wallets on earth. It is believed that on average their number is doubled annually, which means that within 5 years it can reach a billion. And if now a global ban on cryptocurrencies is unrealistic due to their profitability for the developed countries, by that time their prohibition will become impossible almost physically.

In the first part of the story we had put forward the arguments as to why the investors need not fear the bubble of 2017-2018: in the end, the bubble showed not so much the riskiness of the crypto investments, but rather their long-term prospects. Today we described political and economic events, which have occurred in parallel “behind the scenes”, and in which there were no “drops” – only progressive development toward the construction of the crypto economy. And in the next, third part, we will try to describe in detail specific financial reasons of the collapse and recovery of the market in 2018-2019.

Analytical department, Trident company, Victor Argonov, Candidate of Physical and Mathematical Sciences.
Source:http://trident-germes.com/
https://www.facebook.com/Germes.mining.robot/
submitted by TridentGermes to u/TridentGermes [link] [comments]

Cryptocurrency: Is It Still Alive or Dying? Part 2

Cryptocurrency: Is It Still Alive or Dying? Part 2
Cryptocurrency: Is It Still Alive or Dying?
Part 2. Political and Economic Trends in Favor of the Cryptocurrency Market Development

In the first part of the story we showed that the cryptocurrency market crash in 2018 and the beginning of its recovery in 2019 fit well into the general patterns of the financial bubbles’ development, and also repeat pretty well the Bitcoin dynamics of 2014-2016. But besides the analogies with other bubbles, there are a lot of other arguments in favor of the global growth of the market, among which are the political and economic trends of the recent years.

Relaxation of the Political Climate around the Cryptoassets

The entire year of 2017 has witnessed heated discussions as to the legal status of the digital assets. One of the central events of the year was their legalization in Japan in April. Precisely this legalization, according to many, spurred a dramatic growth of the cryptocurrency market in May (especially, altcoins). But the majority of other countries during this period held more skeptical positions.

The U.S. government on several occasions refused to register bitcoin-ETF - exchange-traded funds, the price of shares in which would repeat the price of BTC. The U.S. government also extremely tightened the conditions of the ICO procedure, while some countries, such as China and South Korea - have banned it completely. Certain countries, such as Indonesia and Salvador, have banned cryptocurrencies to the extent of criminal responsibility.

A number of countries, including Russia, have adopted a cautious wait-and-see attitude, regularly promising to impose restrictions of varying severity, but not hurrying to sign it into law.

A turning point on the way to the global recognition of the cryptocurrency was the beginning of trading the Bitcoin futures at the Chicago exchanges (CME) (the world’s largest stock exchange in terms of turnover) and CBOE in December of 2017. That is when the American government admitted openly that cryptocurrencies are now to be reckoned with. With the beginning of this trade, the powerful financial circles of the USA, whose opinion cannot be ignored by the political leadership, became interested in the development of the cryptocurrency market.
Chicago Mercantile Exchange, CME – the world leader in terms of trade volume

In 2018, the following paradox became obvious: even if over the longer term cryptocurrencies are dangerous for the modern political system (tied up in the central banks and the currency exchange regulation), the countries that will be the first to prohibit them will be most affected along with those countries that will simply overdo stirring up negative attitude. Those countries that will settle on legalization will benefit. The drain of brains and capitals will be directed to these countries from the more repressive or unpredictable countries. A typical example of that - Crypto Project GRAM of the Russian businessman Pavel Durov, whose ICO in 2018 reached a record amount, but it was carried out in USA, and not in the legislatively uncertain Russian Federation.

The experience of the countries that have legalized the cryptocurrencies, proved successful both from the financial standpoint, and from the perspective of the international prestige. They proved themselves to be open to the progress and new freedoms. In addition to Japan, Switzerland is especially noteworthy here, because it legalized cryptocurrencies as early as in 2016, but the most brilliantly announced about itself in 2018, when its banks began to introduce cryptocurrency services one after another. Among the innovator banks there was even a Swiss subsidiary of the Russian Savings Bank (Sberbank). The very expression “Swiss bank” became a synonym of not only high reliability, but also innovation.

A milestone event of 2018 was legalization of cryptocurrencies in Germany – the leading economy of the European Union. Rather liberal measures relative to the cryptocurrencies are being applied today in Czechia, Sweden, Canada, Denmark, Australia, Estonia, Norway, Finland, and a number of other countries.

“Legalization parade” has shown: the politicians with repressive attitudes cannot count on the global ban of the cryptocurrencies (which seemed theoretically possible in 2016-2017). Economically developed countries made an obvious choice: “if you cannot stop the process – become its leader”. And precisely in these countries the maximum capitals are being circulated, and the market situation depends precisely on their business activity.

Explosive Growth of the Retail Use of Cryptocurrencies

Despite obvious popularization of cryptocurrencies, there is still a myth that they are purely investment and speculative instrument, which, even if used as a payment method – only in the dark net, and as a means of payment for illegal commodities. But this is not the case today. As far back as 2013-2015, legal services accepting bitcoin emerged, and in 2016-2018 their market has undergone explosive growth.

The pioneers of the cryptocurrency market of goods and services in 2013, were, for example, Virgin Galactic – space tourism company, Victoria’s Secret lingerie company, Shopify - a supplier of software for the online stores. In 2014, the cryptocurrency was adopted by the Overstock online store, Expedia tourism service, Zynga – operator of the online games, the software monster Microsoft and many others. Some of these companies considerably went up due to the innovations: for example, the shares of Shopify and Overstock have increased in price several-fold since then.

As of today, the cryptocurrency is accepted by hundreds of large companies and thousands of small ones, while the range of their products is approaching the one in a traditional economy. The most popular categories of the goods for the cryptocurrency in the large famous companies are tourism and air tickets (Expedia), software and games (Microsoft, Shopify, Zynga, Steam), clothing and other consumer goods (Victoria’s Secret, Overstock.com, Rakuten), as well as food products (Subway, KFC, Burger King – in Russia). As an example, Playboy erotic products, premium accounts of the 4chan.org and reddit.com forums, Bloomberg.com business news, automobiles in the Czech show room Alza and many other goods can be also purchased for cryptocurrency.

A number of well-known companies, although they prefer traditional payments, nevertheless allow crypto payments through the intermediary services, such as gyft.com (trading with the card Gyft for BTC). For example, Ebay online store, Wallmart supermarket chain, Starbucks restaurants, Uber taxi service, etc. The turnover of gyft.com is evaluated in the amount of 25 million dollars with only 38 employees.
Small start-up companies often use ready-made multicurrency gateways such as coinpayments.net. It supports dozens of currencies, and hosts about 400 companies. In addition to mainstream, it contains a lot of specialized commodities. For example, crypto-armory.com sells cartridges, francvila.com – Swiss watches, directvoltage.com - 3D-printers, electric motors, CNC machines, etc. Some new stores not only accept cryptocurrencies, but also purposely give up fiat currency. For example, crypto-armory.com, explaining their refusal from fiat currency, state both ideological, and narrow pragmatic reasons. In the opinion of the owners of the store, it is easier to accept cryptocurrency payments both technically and legally.

Cartridges from the cryptocurrency store crypto-armory.com
An important trend of 2017-2018, in addition to the general growth of the commodity market - re-orientation of the stores to the multi-currency payments. Whereas previously most of them accepted only BTC, now a sign of good manners is to accept also LTC, ETH, XMR and at least several more currencies.

Thus, while the politicians were solving the problem in the manner “not possible to allow - disallow”, a vast market of commodities for cryptocurrency spontaneously emerged on the Internet. Some of its participants have multibillion capitalizations. This market is very international. The majority of commodities and services can be bought even from Russia and other countries, where cryptocurrency is not legal as an internal payment instrument, but is not prohibited as such. Today, it is hard to imagine a consumer good, which cannot be bought for cryptocurrency.

The Latest Trend – Support of Cryptocurrencies by Smartphones

The first smartphone with a cryptocurrency wallet was HYPERLINK "https://bitcryptonews.ru/blogs/sravnenie-blokchejn-smartfonov-exodus-1-i-finney"HTC Exodus 1, released in the autumn of 2018. Then, a crypto smartphone HYPERLINK emerged "https://bitcryptonews.ru/blogs/obzor-kriptosmartfona-finney"Finney. And in March of 2019, the baton was unexpectedly picked up by the smartphone from the major South Korean company, Samsung - Galaxy S10. And although Samsung refrained from the direct embedding of the cryptocurrency wallet into the standard supply set, a brand wallet of Samsung can be installed from the Galaxy Store.

https://preview.redd.it/p8zc6dat0ay21.jpg?width=1280&format=pjpg&auto=webp&s=d7f173f7470107c2f4cc5868ed882089499b2a09
Galaxy S10 – the first smartphone from Samsung with cryptocurrency support
On the part of crypto enthusiasts, there are a number of claims to Samsung initiative, among which – the lack of bitcoin support (BTC). At the moment, Samsung Blockchain Wallet supports only Ethereum (ETH) and ERC-20 standard currencies and tokens created on its basis:
Basic Attention Token (BAT), Chainlink (LINK), BinanceCoin (BNB), True USD (TUSD), USD Coin (USDC), Paxos Standard (PAX) and others.

Anyway, from a political and PR perspective, the emergence of Galaxy S10 is a great event.

First of all, smartphone can attract to the cryptocurrency market new people who have greater confidence in the famous brand, than in the traditional bulky cryptocurrency wallets. Now, many people are frightened away from the cryptocurrencies only by technical difficulties, whereas smartphones on many occasions have proved their ability to promote to the masses those things, which previously seemed to be very complex.

Secondly, this step of Samsung is a clear signal both to the domestic and foreign governments: big business is on the side of the new technologies. South Korea has a reputation of a country not very friendly to cryptocurrencies, however, its business giant publicly demonstrated another attitude.

Thirdly, the initiative of Samsung with a high degree of probability will be emulated by other leading producers of communication devices. Thus, shortly after the release of Galaxy S10, there appeared a news that a cryptocurrency wallet will soon be available in iOS Opera Touch, which means that cryptocurrencies can be also stored in iPhone of Apple.

All this creates excellent prerequisites both for the world legalization of the cryptocurrencies, and for the growth of the market due to the increase of the number of users.

Conclusion

Thus, despite the “roller coaster” of the cryptocurrency exchange rates, some fundamental processes have developed steadily in the same direction in the recent years: expansion of the commodity market for cryptocurrency, increase in the number of countries with a liberal attitude to cryptocurrencies, adoption of cryptocurrencies as a strategic technology by more and more industrial giants. The total number of individuals who tried to work with the cryptocurrencies grows steadily, while the new technological trends (in particular, crypto smartphones), can additionally accelerate this growth.

The only thing that can seriously damage a cryptocurrency market is its global ban, but it seems to be unlikely. Right now there are about 40 million bitcoin wallets on earth. It is believed that on average their number is doubled annually, which means that within 5 years it can reach a billion. And if now a global ban on cryptocurrencies is unrealistic due to their profitability for the developed countries, by that time their prohibition will become impossible almost physically.

In the first part of the story we had put forward the arguments as to why the investors need not fear the bubble of 2017-2018: in the end, the bubble showed not so much the riskiness of the crypto investments, but rather their long-term prospects. Today we described political and economic events, which have occurred in parallel “behind the scenes”, and in which there were no “drops” – only progressive development toward the construction of the crypto economy. And in the next, third part, we will try to describe in detail specific financial reasons of the collapse and recovery of the market in 2018-2019.

Analytical department, Trident company, Victor Argonov, Candidate of Physical and Mathematical Sciences.
Source:http://trident-germes.com/
https://www.facebook.com/Germes.mining.robot/
submitted by TridentGermes to ENG [link] [comments]

Too Many Passwords - The Strings Of Digitalization

Remember those 1980s SCI-FI movies where the action takes place in 2020 and they show a world full of flying cars, holographic advertisements and people with robotic limbs? Well, it’s almost 2020 and we still don’t get to look out the window and see all those things, instead the changes in our society are taking place beneath the surface, in a more toned down manner. It’s all about how money and information moves, how blockchain implementation changes the way we look at everyday tasks. Have you ever wondered how blockchain can potentially transform a city?
Gradual Implementation
Blockchain as we know it has been around since 2008 when Bitcoin was created by the infamous and elusive Nakamoto, but it took almost 10 years for the technology to gain massive popularity and interest. To be more precise, 2017 was the year when the Digital Gold Rush began, Bitcoin and altcoins skyrocketed and all types of ICOs hit the market. From $1,000 to almost $20,000 and from $10 to almost $1,400! That’s how much the first 2 cryptocurrencies (by market cap) moved during 2017 and very early 2018.
Some say “the bubble has burst” but that couldn’t be further from the truth. Indeed, as I am writing this, most coins are down compared to late 2017, but they are still way up if you look at early 2017 prices and besides, a market cannot be gauged by the success or failure demonstrated over 1 year. Also, we shouldn’t overlook one thing: the performance of Bitcoin, Ethereum and other cryptocurrencies shouldn’t be directly associated with the success of blockchain technology because the latter is what can really transform our lives and the cities we live in. Market speculation — buy low, sell high — can be a good source of income if you do it right but real life application of blockchain is the true benefit.
Calling Bitcoin, altcoins or the blockchain a bubble is madness, it’s just like calling the internet a bubble back in the day. Let me tell you about a real bubble: Tulip Mania that started in early 17thcentury in what is now known as The Netherlands. Without dwelling too much into the details, I will simply tell you that some single tulip bulbs were worth more than 10 times the yearly salary of a skilled craftsman. One bulb! Fortunes were made and lost and it all came crushing down in early 1637 when nobody wanted to buy the flower anymore.
The main difference between tulips and blockchain is that with the former, when the speculative incentive is gone, all you’re left with is a beautiful and very expensive flower that nobody wants to buy. Blockchain on the other hand has countless applications across finance, media, healthcare logistics and many others, which are not tied to the price of any cryptocurrency. As the tech becomes more widespread, these uses will become more apparent in everyday life and will gradually transform the cities we live in.
New Payment Methods. Mainstream Adoption Soon?
Many online retailers have already tested cryptocurrency payments and this trend is even present among offline shops. A few online names include Steam (well-known gaming platform), Microsoft, Overstock and Shopify, while offline vendors include KFC Canada, Subway and others. Not to mention there are about 2,200 Bitcoin ATMs in the United States alone at the time of writing. All this means that the world is beginning to adopt blockchain as a form of payment and that more and more retailers will follow.
We can even see changes in the banking system and the way international payments are made. For example, Ripple is actively working with banks and trying to expedite cross border payments as well as greatly reduce transaction costs. One of their partners, Banco Santander has even launched a mobile application for cross border payments powered by RippleNet, allowing to do in just a few clicks what would have taken a long time in the past.
It’s evident that big changes are coming. Maybe not today, not tomorrow, but soon the old ways will become obsolete, just how landline phones or dial-up internet have. I don’t know when flying cars will become a thing but blockchain tech will soon become a lot more noticeable.
Too Many Passwords — The Strings Of Digitalization
Our lives are already dependant on social media, streaming services, online payments and we generally rely on online accounts to define our online personality or to buy stuff. Everywhere you look there’s a “Log In” box and a password you have to remember and type in. If we expect blockchain to take a more prominent role, that means we will be inundated with staggering amounts of passwords to remember.
This begs the question: will we memorize all that information or rely on simple yet functional solutions like Infinitus (INF) to store and protect our online credentials? And since we’re talking about a future where almost everything revolves around blockchain tech and decentralized solutions, I believe it’s only normal that we adopt a blockchain powered dApp to take care of our sensitive information.
Changes Are Coming! Are You ready?
It is no longer a question of if, but when blockchain will see mass adoption. And when it happens will you be ready? And by “ready” I don’t mean having a load of Bitcoins or any other cryptocurrency, but knowing how to use the new technology, how to make the best of its real world applications and more importantly, how to protect your online persona together with your crypto assets. The answer is simple: use a blockchain solution for a blockchain problem and store your private keys with INF — The Smart Designation Repository.
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WolfpackBOT - The world's fastest and most secure trading bot

WolfpackBOT - The world's fastest and most secure trading bot

https://preview.redd.it/n7wutgsuzfd21.png?width=800&format=png&auto=webp&s=d0dac7147b8e70584305f997732a248d6b088ff9

INTRODUCTION

Cryptocurrency is essentially digital money traded from one person to another through the use of pseudonyms. There are no intermediaries like banks, no governmental oversight or authority, and no fees. The “crypto” in cryptocurrency refers to the use of cryptography to ensure the security and privacy of every transaction.
New coins are created through a technique called mining. The process requires powerful computers that solve complex math problems. Each problem should take about 10 minutes to solve, and results in the creation of a predetermined number of coins. The total number of coins that can be created is fixed — there’s a limit of 21 million bitcoins that can be created. The number of coins rewarded for solving each problem dwindles as time goes on.
Bitcoin is believed to have been created in 2009 by Satoshi Nakamoto, an enigmatic figure who has so far proven all but impossible to definitively identify. By using cryptography to control the creation and tracking of a digital currency, Nakamoto took that power away from central authorities like governments.
Bitcoin was the first and most famous digital currency, but you can choose from more than 1,500, including ether, litecoin and even cryptokitties. For awhile, you saw these currencies only in the darkest corners of the internet, where people used them for all sorts of questionable, even illegal, activities. Drug dealers liked them because they made transactions all but invisible, and trolls at the Kremlin-backed Internet Research Agency used bitcoin to finance their campaign to influence the 2016 election.
That started to change in 2014, when Overstock became the first major US retailer to accept bitcoin. Companies like Expedia and Microsoft followed suit.
One of the biggest misconceptions about cryptocurrencies is that you need thousands of dollars to invest. It’s an easy assumption to make, especially in the case of bitcoin, which stayed under $1,000 from about 2010 to 2017. But then it took off, surpassing thousand-dollar milestones at a pace that seemed quicker than you could refresh your phone.
The staggering value is off-putting to many. But unlike most stocks, you can buy a fraction of a bitcoin so you don’t need thousands to get into the crypto game.

OVERVIEW OF WolfpackBOT

WolfpackBOT is a highly advanced cryptocurrency trading software that allows for the execution of trades at lightning speed using proprietary trading algorithms, proprietary “Werewolf” Trading Analysis configurations, or user customized settings based on personal trading style. WolfpackBOT also allows for simultaneous trading access to all compatible cryptocurrency exchanges that are available to the bot, and all trading pairs with the WerewolfBOT subscription package.
WolfpackBOT is introducing an industry first, a beautiful automated cryptocurrency trading console: The WolfBOX. This efficient and sleek piece of hardware will conveniently allow for the full utilization of a bot subscription without the need for a VPS or dedicated computer. The WolfBOX will also include a built-in secure Hardware Wallet and RFID card reader to optimize ease-of-use and functionality.
WolfpackBOT trading software is enabled with limit, market, and “Wolf Trade” orders on all trading candles, including one-minute candles, with the widest array of technical trading indicators available on the market. WolfpackBOT's proprietary “Wolf Trade” orders provide superior market sell orders with a bite! WolfpackBOT is the only trading bot to feature live price scanning on your positions and also handles partial fills with ease, meaning you don’t miss out on orders. WolfpackBOT is incredibly fast and can fulfill up to 10,000 trades per day depending on market conditions and subscription package.
WolfpackBOT allows simultaneous trading access to all cryptocurrency exchanges that are available to the bot, and all trading pairs through the WerewolfBOT subscription plan. Not only do inferior bots allow limited access to one exchange and one trading pair per bot, they also store your API keys remotely on servers which are potentially susceptible to hacks and pump and dump attacks. User security and API key protection holds a high priority within the WolfpackBOT framework which is why it is the only trading bot that gives users full control with local management of their API keys.
Masternode and Proof of Work X11 Blockchain
Wolfcoin Blockchain with X11 Proof of Work Mining and Masternode Reward Systems The Wolfcoin blockchain and network are both designed and engineered to ensure store of value, transactional speed and security, and fungibility. The main goal of the Wolfcoin blockchain is to facilitate fast and secure transactions with a governance that helps sustain the network for the benefit of all users. The Wolfcoin blockchain is a two-tier network comprised of a Proof of Work (PoW) consensus mechanism powered by miners and a Proof of Service (PoSe) system powered by masternodes.
The Wolfcoin blockchain is secured through Proof of Work (PoW) in which miners attempt to solve difficult problems with specialized computers. When a problem is solved, the miner receives the right to add a new block to the blockchain. If the problem was solved correctly, the miner is rewarded once the block is added.
The second tier, which is powered by masternodes, enables Wolfcoin to facilitate private and instant transactions with Private Send and Instant Send. Masternodes are also rewarded when miners discover new blocks.
The block reward is distributed with 80% going to the masternodes and 20% going to miners. The masternode system is referred to as Proof of Service (PoSe), since the masternodes provide crucial services that support the features of the network.
Masternodes also oversee the network and have the power to reject improperly formed blocks from miners. If a miner tried to take the entire block reward for themselves, the masternode network would orphan the block ensuring that it would not be added to the blockchain.
In short, miners power the first tier, which is the basic sending and receiving of funds and prevention of double spending. Masternodes power the second tier, which provide the added features that make Wolfcoin different from other cryptocurrencies. Masternodes do not mine, and mining computers cannot serve as masternodes.
Additionally, each masternode is “secured” by 10,000 WOLF. Those WOLF remain under the sole control of their owner at all times. The funds are not locked in any way; however, if enough of the funds are moved or spent to cause the user’s holdings to drop below 10,000 Wolfcoin, the associated masternode will go offline and stop receiving rewards.
By pre-ordering your WolfpackBOT subscription, you will also receive Wolfcoin as a reward that can be utilized in the following ways:
  • Redeemable for WolfpackBOT subscriptions
  • Redeemable for the WolfBOX Console
  • Redeemable for WolfpackBOT and Wolfcoin apparel and merchandise
  • Fungible utility that can be exchanged for like value on exchanges
When you hold at least 10,000 Wolfcoin in your Wolfcoin wallet connected to a static IP address, you will become a masternode, meaning you will have a chance to receive 80 percent of the block reward every sixty seconds.

THE FEATURES

WolfpackBOT Automated Trading Software:

After the crowdsale, Wolfcoin will be the exclusive method of payment for WolfpackBOT Automated Trading Software subscriptions.

Multiple Technical Analysis Indicators:

WolfpackBOT offers the widest array of multiple Technical Analysis indicators, oscillators, configurations and settings available in the world of Automated Cryptocurrency Trading Bots. WolfpackBOT provides Bollinger Bands, Double EMA, Elliot Wave, EMA, EMA Cross, Fibonacci Sequence, KAMA, MA Cross, MACD, RSI, SMA, Stochastic, Stochastic RSI, Triple EMA, and many more!

Shorting Features:

WolfpackBOT includes Cryptocurrency Shorting Features that allow users to short their positions and buy them back at the lower price to maximize their returns.

Copyrighted Crash Protection:

Crash Protection, one of WolfpackBOT's most advanced features, enables users the option to automatically scan and convert all positions to a stable coin at the sign of our proprietary Hidden Bear Divergence Indicator, and then buy back into base currency to resume trading at the sign of our proprietary Hidden Bull Divergence Indicator.

Language Translator:

WolfpackBOT has a built in Language Translator that instantly translates the entire BOT into Dutch, English, French, German, or Spanish.

All Trading Pairs on all available Exchanges:

WolfpackBOT allows our customers to simultaneously trade on multiple cryptocurrency exchanges, and with all the exchange’s trading pairs available for trading. The best part is that it’s all possible on one bot with one subscription to the WerewolfBOT package!

Coin Selector:

While other automated trading platforms only allow for a limited amount of coins per subscription, WolfpackBOT allows all trading pairs and all coins to be traded on all the available major exchanges with the WerewolfBOT subscription. WolfpackBOT's proprietary Coin Selector allows for users to choose whether to trade all cryptocurrencies or blacklist some, thus not trading them at all, as well as search for the highest volume, greatest performing, or a specific volatility range of coins for a given timeframe.

Werewolf Configurations and Settings:

Werewolf Configurations and Settings are copyrighted trading algorithms that use proprietary optimum settings for trading: the perfect configuration for experienced and inexperienced traders alike. These settings can be adjusted to the current market trend, with preset configurations for bear, sideways, and bull markets.

Werewolf Ultimate:

Werewolf Ultimate is the ultimate choice when trading. It doesn't trade a particular trading pair or particular coins, it trades them all. It goes in for the kill to increase the potential returns. Crash Protection is a built-in feature in Werewolf Ultimate.

Werewolf Bull Market:

Werewolf Bull Market are preset settings and configurations that are usable when your Base Trading Pair is in a Bull Run. Werewolf Bull Market settings are optimized for such conditions and should only be used in a Bull Run Market.

Werewolf Sideways Market:

Werewolf Sideways Market are preset settings and configurations that are usable when your Base Trading Pair is trading sideways. Werewolf Sideways Market settings are optimized for such conditions and should only be used in a Sideways Trading Market.

Werewolf Bear Market:

Werewolf Bear Market are preset settings and configurations that are usable when your Base Trading Pair is in a Bear Run. Werewolf Bear Market settings are optimized for such conditions and should only be used in a Bear Run Market.

The WolfBOX Hardware Console:

WolfpackBOT also offers an industry first: a beautiful hardware console, The WolfBOX. Our console comes preloaded with WolfpackBOT Automated Trading Software and also includes a built-in secure hardware wallet. Some of the key features of the WolfBOX include our high-speed CPU, solid-state hard drive, built-in RFID card reader, and integrated Bitpay and Coinbase wallets.

Wolfpack Consulting

Our company offers its services and expertise as Cryptocurrency and Blockchain Specialists to individuals and companies. We offer consulting services in the fields of blockchain and cryptocurrency development and management.

Wolfpack Philanthropy

We are dedicated to the proposition that we have a responsibility to use a portion of our company’s revenue to help create a better world and a brighter future. As we move forward, our philanthropic efforts include environmental stewardship, renewable energy, human rights, economic development, as well as animal and wildlife rescue and conservation with an emphasis on dogs and wolves.

Wolfcoin Information

THE WOLFCOIN Wolfcoin is the coin that fuels all WolfpackBOT's projects.
This utility, coupled with the reward systems with mining and Masternoding capabilities, makes the use of Wolfcoin potentially appealing to all WolfpackBOT users whom are interested in receiving additional Wolfcoin for subscriptions, merchandise and other rewards such as passive cryptocurrency portfolio growth.
THE WOLFCOIN WALLET WolfpackBOT uses our proprietary Wolfcoin Core QT wallet.
February 2018 Conceptual development of WolfpackBOT Software
May 2018 Company Roadmap development Alpha models of WolfpackBOT Software
June 2018 Ongoing research, development, and testing
October 2018 Advertising and Marketing Campaign Starts Wallets available for payment; BTC, BTG, DASH, DOGE, ETC, ETH, LTC October 15 - Pre-registration begins
November 2018 November 1 - Crowdsale Stage I begins
December 2018 Official presentation of WolfpackBOT beta Software Preview Creation of Wolfcoin (WOLF: 300,000,000 coins pre-mined on Genesis Block) WolfpackBOT beta Software release to selected customers
December 21 - Launch network and mine Genesis block
December 22 - PoW / Mainnet
December 23 - Blockchain and network testing
December 28 - Iquidis Wolfcoin Block Explorer released on our website
January 2019 January 1 - Wolfcoin Core wallets available for download on the website January 1 - Wallet and Masternode Tutorial available January 1 - Masternode and PoW instructional videos available January 1 - Subscription Pre-order Coin Rewards disbursed Announcement listing WOLF on top-10 Exchange
February 2019 February 1 - Crowdsale Stage I Ends February 1 - Crowdsale Stage II Begins
March 2019 March 15 - Crowdsale Stage II Ends March 15 - Crowdsale Stage III Begins WolfpackBOT Software roll-out to contributors WolfBOX Console available for Pre-order
April 2019 WolfpackBOT Subscriptions available for customers First Major version released: automated, manual, and paper trading WolfpackBOT Live support center April 30 - Crowdsale Stage III Ends
May 2019 WolfBOX Consoles Pre-orders first shipment
June 2019 New trading features such as new exchanges, strategy options and indicators
July 2019 New trading features such as new exchanges, strategy options or indicators
August 2019 WolfpackBOT Software Trading Platform V2.0 Second major release: Strategy Marketplace and Back-testing
September 2019 New trading features such as new exchanges, strategy options or indicators
October 2019 WolfpackBOT Software Trading Platform V3.0 Third major release: Signals Marketplace (Supporting 3rd Party App Signals) Mobile Application for WolfpackBOT Software and Trading Platform
November 2019 New trading features such as new exchanges, strategy options or indicator
December 2019 WolfpackBOT Software Trading Platform V4.0
January 2020 WolfpackBOT Software Trading Platform V5.0 Fourth major release: Machine Learning Strategy Optimization

THE AMAZING TEAM

Philip Longhurst Chief Executive Officer The leader of our pack and the man behind the WolfpackBOT trading bot, Philip Longhurst is a mathematical genius, engineer, day trader, and animal rescuer. As an account manager for J.P. Morgan and MBNA Bank, Phil managed the accounts of several high-profile clients and businesses. He has been successfully trading stocks for over twenty-five years and has successfully applied his trading expertise and mathematical acumen to the cryptocurrency market since 2013.
Philip holds bachelor's degrees in mechanical engineering and business administration and is a loving husband, father, and family man who has been rescuing dogs since 1995. His driving desire is to use the success of Wolfpack Group to create a brighter future for humanity. He currently resides in the United States of America with his wife, daughter, and dogs.
Rogier Pointl Chief Financial Officer Rogier Pointl is a successful entrepreneur with nearly twenty-five years of experience in business management, marketing, financial administration, economics, and fintech. Rogier holds bachelor's degrees in Business Communications and Financial Administration. He is a pioneer in the field of virtual reality, having served as CEO and owner of Simworld, the first virtual reality racing center in Europe, where he oversaw the development of advanced simulator and virtual reality hardware and software.
Rogier is an experienced trader and has been trading stocks since 2007. He began applying his expertise to the cryptocurrency market in 2010, gaining experience as a Bitcoin miner along the way. Rogier is a loving husband and father and currently resides in the Netherlands with his wife and two daughters.
Jason Cormier Chief Technical Officer Jason Cormier is a humble -but extraordinary- individual who is blessed with a Mensa IQ of 151, he is continually driven by a desire for knowledge and self-growth. He is self-taught in Visual Basics, C#, C++, HTML, and CSS and began developing programs and applications at the age of 14, including the TCB Wallet, which was the first ever wallet program that held its users' log in names and passwords. Jason is a cryptocurrency guru whose expertise includes cryptocurrency mining farms, proof-of-stake, masternodes, and cryptocurrency trading.
Jason holds Associate degrees in Computer Science and Psychology, and currently resides in the United States of America with his wife and son.
Jay McKinney Chief Web Development and Design Officer Jay is a veteran of the Iraq War who put his life on the line in combat to protect our freedoms. To center himself while stationed in the Iraqi warzone, he taught himself C# as he knew honing his Web Development skills would help him provide a better future for himself and his family. Upon returning home safely, he worked his way through college and holds bachelor's degrees in Computer Programming and Web Development & Design.
Jay has worked for the Kentucky Housing Corporation, serving as a software engineer and web developer. He is a loving family man who currently resides in the United States of America with his wife and two children.
David Johnson Chief Software Development Officer David holds a Master of Science degree in Information Systems and a Bachelor's degree in Business Administration with a specialization in Information Systems, graduating with Magna Cum Laude status. He has worked for the Kentucky Housing Corporation, serving as a network analyst and software engineer. As an entrepreneur, he has owned his own web and software development company since 2009, creating and maintaining several websites in C# and PHP, and has been operating the crypto-oriented YouTube channel BigBits since 2017, where he discusses automated Cryptocurrency trading strategies.
David is a proud father of two and resides in the United States of America with his wife and children. Like any good Kentuckian, he is a huge fan of the University of Kentucky's college sports teams.
Gabriel Condrea Software and Web Development Officer Gabriel Condrea holds a bachelor's degree in electrical and computer engineering and has worked as a software developer and senior systems engineer in both the United States and the United Kingdom, working with a variety of programming languages and IDEs. He has used his expertise to create Manufacturing and SCADA systems in industrial applications.
Gabriel also applies his engineering skills to cryptocurrency day trading, seeking to automate the process. He loves to travel and currently resides in the United States with his girlfriend.
Igor Otorepec Chief Hardware Development Officer Igor is an engineer with twenty years of experience specializing in advanced PLC programming and industrial robotics. He is also an IT security expert and a CEC Certified Ethical Cracker who uses his skills to expose and patch security vulnerabilities in blockchain codes.
Igor is an advanced cryptocurrency trader and Kung Fu master who uses bio-hacking as a way of life to keep his 'chi' constantly centered. He currently resides in Austria with his loving wife.
Manik Ehhsan Director of Marketing and Public Relations Manik holds a Bachelor's degree in Computer Science and has over five years of experience in Web Development, Digital Marketing and Graphics Design. He has also managed the marketing for more than 30 successful Cryptocurrency start-ups and projects, and specializes in SEO and ASO. Manik is also a Cryptocurrency project promotion expert with an emphasis on Masternodes and building Social Media Communities.
Manik has focused his life on Cryptocurrency and currently resides in Bangladesh with his loving family.
Rance Garrison Chief Marketing Officer Rance Garrison holds a bachelor's degree in Business Administration and specialized in Seminary Studies for his Master's degree. He served as an AmeriCorps VISTA at WMMT-FM, the radio station owned by Appalshop, an arts and education center in Kentucky, and has also specialized in local cable television advertising. Rance is also a musician who has released several albums independently over the last decade.
Rance is very dedicated to his local community and is most excited by the potential implications of cryptocurrencies and blockchain technology for rural and remote economies. He currently resides in the United States of America with his wife, dog, and cats.
Paul Gabens Chief Public Relations Officer A master negotiator with a penchant for strategy, Paul Gabens brings more than twenty years of marketing and promotional experience in the automotive, hospitality, and entertainment industries to the Wolfpack. He is also an avid stock and cryptocurrency trader, having first entered into the cryptocurrency market two years ago, embracing his passion for crypto with the same vigor as his love for travel, classic cars, extreme roller coasters, and surfing.
Paul holds degrees in business management, marketing, and automotive aftermarket. He currently resides in the United States with his fiancé and two cats.
Blake Stanley Marketing and Social Media Officer Blake Stanley is a cryptocurrency enthusiast who also has over six years of experience managing both government and private sector client and customer relations. A strategic thinker and expert in the field of social media-based advertising, Blake also owns and manages his own online marketing company where he has been successfully curating and implementing online marketing and advertising strategies for his clients for the past three years.
Blake is a proud father and family man and currently lives in the United States with his daughter and fiancé.
Martin Kilgore Market and Trading Analyst Martin Kilgore holds bachelor’s degrees in both accounting and mathematics, having researched Knot Theory and the Jones Polynomial during his undergraduate studies, giving him a firm edge when analyzing market conditions. He has worked as a staff accountant for several governmental organizations.
Martin lives in the United States with his fiancé.
Jonathan McDonald Chief Trading Strategy Officer Jonathan has honed his trading skills over the past five years by studying and implementing economics, financial strategy, Forex trading analysis and trading bots. Through his constant learning, he discovered Cryptocurrency after seeing the difference in market volatility and high yield trading. His fine-tuned trading strategies complement Crypto markets perfectly, and he has been implementing trading strategies to the Cryptocurrency market for over a year with phenomenal results. Jonathan is constantly improving his trading skills with an emphasis on scalping techniques. He has applied his trading skillset to the WolfpackBOT and enjoys working alongside the Wolfpack in creating the fastest trading bot on the market.
Jonathan currently resides in Canada with his supportive girlfriend and family.
Web site: https://www.wolfpackbot.com/
Technical document: https://www.wolfpackbot.com/Pdf/whitepaper_en.pdf
Bounty0x username: idrixoxo
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Who Accepts Bitcoin?

Who Accepts Bitcoin?
Bitcoin is the, without doubt, the biggest cryptocurrency. Many major companies around the world are now accepting bitcoin payment for online goods and services (in Denver, you can even use Bitcoin to pay for your parking!) An aggressive campaign led by Coinbase (where $1 million worth of transactions were processed for free) prompted large companies to start accepting bitcoin by using third-party services like Bitpay & Cryptopay. As the trend has been started it appears to be growing, so who accepts Bitcoin? There are some surprising companies and we’ve listed them below.
Who accepts Bitcoin?
KFC Canada – The world’s largest chicken franchise – KFC, is allowing customers in Canada to pay for “The Bitcoin Bucket” using bitcoins for a limited time. “The Bitcoin Bucket”, a themed container can be purchased for $20 CAD, and is delivered to customers. The digital currency is accepted only via BitPay – an online payment mode and does not encourage customers to pay crypto at the cash counters.
Overstock.com – This large online retail store sells electronic products at minimal prices due to excess stock. Overstock.com allows customers to buy using bitcoin. It is the first major retailer to accept bitcoins and other major cryptocurrencies.
Subway – Subway in Buenos Aires has begun to accept bitcoin as a payment method. The belief is that accepting bitcoin as a method of payment would increase business.
Microsoft – The tech giant Microsoft is enabling users to create a Microsoft account in which the user can deposit Bitcoin. A well-structured process allows users then, to utilize these funds for purchasing movies, games, and apps in Xbox stores and Windows.
Reddit – Reddit; a community that provides thousands of your favorite things. It allows you to buy premium features with bitcoins.
Virgin Galactic – Bitcoins are taking the place of old conventional currencies at a fast pace. Sir Richard Branson, founder of Virgin Group including Virgin Galactic, Virgin Mobile, Virgin Airline, (and many more) has said that Virgin is accepting bitcoins to reserve tickets for a space travel. Branson feels that Bitcoin is a low-risk option; he has invested in it in the past and encourages others to do so now. Space travel costs 98 bitcoins or 250,000 US Dollars.
OkCupid – OkCupid, the world’s most popular dating site has started accepting cryptocurrency. By partnering with Coinbase, OkCupid allow users to subscribe with bitcoin. The costs for a “premium subscription” list called the “A-List”, can be up to 0.10 bitcoins or $10 a month.
Namecheap – A domain name registrar and web hosting company with nearly 3 million domains are accepting the digital currency as a method of payment for their services. Namecheap is the first company among numerous domain name registrar companies to accept bitcoins for registering a website, hosting domains, etc.
CheapAir.com – Now, you can spend a little of your cryptocurrency on airline reservations, hotel bookings, and car rentals. CheapAir.com, a travel booking site enables customers to purchase both domestic and international flight tickets with bitcoin. It is the only company to accept bitcoin currency for air travel and customers can pay from their Coinbase wallets.
Expedia.com – The exclusive online travel booking agency Expedia, has partnered with Coinbase to create a bitcoin payment option. Since June 2014, Expedia users have been able to book their hotels with bitcoins. As of now, Expedia is accepting digital currency only for hotel bookings.
Gyft – Gyft, a leading digital gift card retailer offers gift cards in exchange for bitcoin. The association of Gyft with Coinbase ensures that bitcoin payments are made via a Coinbase wallet. Gift cards can be redeemed or used to purchase goods at over 200 retailers.
Newegg.com – Popular online computer hardware and electronics retailer now accepts bitcoin as payment. With bitpay as the digital currency processing partner, Newegg expects to see higher sales in certain product categories.
Wikipedia – Wikipedia, the free online encyclopedia with more than 4,570,000 articles has established a partnership with Coinbase to accept donations in the form of virtual currency. To provide users with an ease of choosing payment options, Wikipedia’s donation page is now flexible to make one-time or recurring donations using bitcoin.
Alza – The biggest and most successful Czech e-retailer store has introduced bitcoin payments for shoppers. In many of its showrooms, bitcoin ATMs are available to facilitate smoother transactions for those paying in bitcoin. It is accepted via BitPay.
The Internet Archive – The internet archive provides free access to web documentation such as music, software applications, games, and so on. It has expressed its interest in accepting digital currencies as donations. This nonprofit organization assures its supporters to use bitcoins to enhance its operations and achieve its mission of providing free and secure services to the public.
PizzaforCoins – Want pizza? Order now and pay using bitcoins at PizzaforCoins. Any pizza joint including Pizza Hut, Dominos or Papa John’s is available with this service. Order now, enjoy your meal and pay with bitcoins. It also accepts more than 50 other cryptocurrencies.
Reeds Jewels, Inc. – At REEDS.com, you can shop exclusive jewelry, watches, and loose diamonds with your bitcoins using a bitcoin wallet like Coinbase. Reeds Jewels has brick-and-mortar stores in 13 states and also offers online shopping. Purchase of loose diamonds is complimented with a free delivery.
Shopify Stores – Looking to spend bitcoins? Shopify – an e-commerce platform, helps merchants to sell their commodities through an online platform similar to eBay. Shopify has recognized digital currency and is integrated with BitPay to simplify the payment process.
Final thoughts…
Many companies are embracing digital currencies by partnering with crypto platforms to transfer digital funds in exchange for goods and services. Though many of the larger companies have started t0 accept bitcoin, so many are still lagging behind and have yet to jump on the band-wagon. The reality is that the future of online shopping is definitely heading towards virtual currencies and the time has come for bitcoin to be a staple payment option when you reach the tills. If you’re not in, you can’t win.
The source of this article: CryptoCurrency News
https://preview.redd.it/u8ha9x7d70i11.png?width=1280&format=png&auto=webp&s=7b7d3710b06e187e669338c5a496a065a3f7d8d2
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Overstock.com Now Accepts Bitcoin! Overstock.Com Now Accepting Over 40 Altcoin Cryptocurrencies Overstock Transaction Map + Bitcoin Influentials + Bitmixer.io  Morning Bit Ep 40 $1 million bitcoin is possible: overstock ceo Overstock.com CEO Patrick M. Byrne Discusses Accepting Bitcoin on CNN International

How to Buy Bitcoin in Canada. The growing acceptance of Bitcoin as a currency and payment method has put new Bitcoin traders at a real advantage. In the past, Bitcoin was considered primarily a currency for the underground economy and a small closed circle of crypto enthusiasts. However, thanks to Bitcoin proponents, developers, and entrepreneurs, as well as representation in the media ... Overstock officially launched its updated e-commerce checkout system today, a new feature that allows shoppers in 107 new countries to buy products with bitcoin via its international website, O.co. Bitcoin How do I pay with Bitcoin? Bitcoin is a digital currency that allows quick and secure online payments. We partnered with Coinbase, a Bitcoin platform, to enable Bitcoin as a form of payment on Overstock.com. Coinbase is a Bitcoin wallet that allows consumers to buy, sell, send, and receive Bitcoins. You can even go shopping on Newegg or Overstock.com and pay with Bitcoin. These are only some of the options you have for online shopping with Bitcoin. But what about Canada specifically? Is there anything that you can do with your Bitcoins while out and about rather than online? Yes! Did you know that the very first Bitcoin ATM was located in Vancouver? At this ATM, you can easily transform ... Und in eine dieser guten Aktien hat sogar kein Geringerer als der weltbekannte Starinvestor George Soros investiert: Overstock.com. Rückfall von Bitcoin und Co. stellt eine Belastung für die Aktie dar, aber… Allerdings hat der Rückfall am gesamten Kryptowährungsmarkt zuletzt auch die Aktie von Overstock.com deutlich belastet. Obwohl George Soros also hier an Bord ist, hat sich die Aktie ...

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Overstock.com Now Accepts Bitcoin!

Skip navigation Sign in. Search 💰Huge hand pay! 💰⚡️lightning link⚡️the biggest chip I’ve ever gotten 👍😎 $50 bets - Duration: 14:49. Filthy Slot Channel Recommended for you Overstock.com CEO Patrick M. Byrne Discusses Accepting Bitcoin on CNN International ... Andreas M. Antonopoulos educates Senate of Canada about Bitcoin (Oct 8, ENG) - Duration: 1:52:47. Bitcoin ... This video is unavailable. Watch Queue Queue. Watch Queue Queue So Overstock.Com which was one of the first major companies and ecommerce sites back in 2014 to start accepting Bitcoin has announced that they will be accepting somewhere between 40 and 45 major ...

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