The Bubble Effect Of Alts
in 2017 and that even prolonged until now, alts were overvalued and undervaluable.
Just to paint you a picture, so you understand this correction better and why is happening what is happening.
Imagine I came to you and say, hey I want $500k to open a strip club,
it probably won't be profitable, but we will have a good time...
... only as a friend you would invest in it, right?
You wouldn't do it as a business move.
Now. imagine the same scenario, just on blockchain...
that I did an ICO in 2017 for a strip club that you even know will lose money but will have some real estate backing etc..
.. I could get a hundred million dollar investment based on it!
And the funniest part... or craziest how you want it...
it would be one of the top 20% best ICOs!
because majority were pure dust and not even any real business backing.
So that gives us 100MM to 500k it is around 200 times inflated bubble.
So you tell me, how low you think it can dip?
The risk is too big to be with any serious investment in shitty alts.
You can do it for your heart, pick top most aggressive alts that will either make it big or drop to zero and hold 15-30% of them and monitor them actively... however, with your food-on-the-table portfolio... don't play.
I told you, the game now in alts vs btc is changing.
This correction was needed.
And if you're going to think as a gambler, then you'll say in two weeks I was wrong when alts pump. And alts probably will pump... but do the risk to reward... 30% on the upside... 80%-100% on the downside.
The first new money is going to come into Bitcoin. Nothing else. Bitcoin had a strong relations to alts, and will continue, just the numbers in that relations will change, at the cost of alts.
We might have one more bullish alt cycle before etf where you tell me - what the fuck you talked about - you see alts pumping and I sold em on your advice... but at the same time... with etf, most people, 90% of people out there are for a nasty surprise when they see bitcoin hyperbullish and their alts not as much.
So, do I advise to sell your alts now?
Not at all.
We in Premium sold it just because we have an alt that will grow faster than our other alts while remain stable. Otherwise, we would sell alts when btc would be around 12k and dipped alts would mostly recover.
For now, do these three questions:
1) Which of my alts are good for blockchain
2) Even if they are legit projects - how are they affected with 200:1 formula given above?
3) see them performing vs other alts..
and decide on their relative power and what you want to do with them.
Strong projects like ZRX I definitely wouldn't sell now... it went into a dip and it is getting out of a dip... while some shitty coin with no need for blockchain, or with questionable need... I'd wait for 12k btc and ditch.
My opinion only. For you it's to do your own research. This is one perspective to think about, so that you are not last in the new cycle.
You have been first in this bearish cycle to sell btc when I announced in early january. I want you to be first to know that majority of money will be coming from institutions to Bitcoin and not to shitcoin 330... and to top 20 alts.
D
Monday, 30 July 2018
Sunday, 8 July 2018
Potential surge in global bond yields and a Wall Street crash
Last week France's market watchdog became the latest to join the growing chorus of the bears.
It warned we could be bracing for a potential surge in global bond yields and a Wall Street crash — perhaps before the end of the year.
It then warned this contagion could spread to Europe, killing any kind of fragile recovery.
The Sydney Morning Herald reports:
‘“The world has never been so indebted — even more than before the 2007 crisis - and this debt has never been so risky,” said the Autorité des Marchés Financiers (AMF) in its annual report. |
Monday, 18 June 2018
Swiss Gold Global USA Bitcoin Mining contracts temporarily ceased (EN, FR, ES)
SGG Bitcoin Mining contracts temporarily ceased (EN, FR, ES)
We are grateful to Genesis Mining for providing their continued development and hard work to ensure we have we have access to the most efficient cloud mining services available in the world. We are all excited about the new sha256 Bitcoin 5 year FIXED TERM mining packages with a 50% reduction in maintenance fee, which is truly a reflection of Genesis Mining unique expertise in this niche market.
Swiss Gold Global over years has built a trusted relationship with Genesis Mining and will support them with whatever we can do in order not to jeopardize current or future endeavours that will benefit Genesis Mining and Swiss Gold Global clients.
Currently Genesis Mining have requested that we do NOT offer crypto mining packages for sale in the USA while their US compliance and legal team deal with regulatory issues in this region.
Genesis Mining have stated that they intend to make their Cloud Services available to US clients in the near future and we are working with them to support this important cause.
US Members will continue to have access to their Member account but will not be able to purchase crypto mining packages. We strongly recommend that our US members do not market or sell within the USA as this may put you in breach of US security regulations until this important legal matter is resolved.
With the outstanding efficiency of Genesis Mining we have the unique benefits:
1. New Bitcoin mining contracts maintenance fee $0.14 per TH/s contract (50% reduction)We are grateful to Genesis Mining for providing their continued development and hard work to ensure we have we have access to the most efficient cloud mining services available in the world. We are all excited about the new sha256 Bitcoin 5 year FIXED TERM mining packages with a 50% reduction in maintenance fee, which is truly a reflection of Genesis Mining unique expertise in this niche market.
Swiss Gold Global over years has built a trusted relationship with Genesis Mining and will support them with whatever we can do in order not to jeopardize current or future endeavours that will benefit Genesis Mining and Swiss Gold Global clients.
Currently Genesis Mining have requested that we do NOT offer crypto mining packages for sale in the USA while their US compliance and legal team deal with regulatory issues in this region.
Genesis Mining have stated that they intend to make their Cloud Services available to US clients in the near future and we are working with them to support this important cause.
US Members will continue to have access to their Member account but will not be able to purchase crypto mining packages. We strongly recommend that our US members do not market or sell within the USA as this may put you in breach of US security regulations until this important legal matter is resolved.
With the outstanding efficiency of Genesis Mining we have the unique benefits:
The old contracts of $0.28 per TH/s contract were the lowest in the market, now with $0.14 per BTC TH/s mining contract is a dynamic breakthrough standard in Bitcoin mining.
2. The new Bitcoin Mining contract is now a 5 year FIXED TERM contract
No termination by maintenance fee
3. No pre-sale — mining goes live as soon as you purchased!
Contract Term
5 years (60 Months) of continuous mining
Your mining services will run for 5 years, period - even in cases where your daily mining output falls below the Maintenance Fees. This way, you will always have the potential to produce cryptocurrencies as market conditions improve.
The daily mining outputs are variable and are determined by three factors: the mining difficulty, the Bitcoin vs USD exchange rates, and the Maintenance Fees (these include all electricity, cooling, development, and servicing costs). We cannot control the first two factors which are unpredictable, but we do always deploy state of the art mining technology and do our best to keep our data centers running at their maximum capability for you.
Maintenance fee
A fixed maintenance fee is deducted from all 5 year contracts for their full runtime. Current maintenance fees: USD 0.14 per TH/s per day. Please note that the fee is fixed in USD but deducted from the daily payouts in BTC. Please refer to the Terms of Service for further details.
Bitcoin is the first open-source, decentralized and currently most popular cryptocurrency. Bitcoin mining is done with specialized ASIC-Hardware utilizing the SHA-256 algorithm. You can mine Bitcoin and Bitcoin Cash natively. You can also receive Litecoin, Dash, Zcash and other cryptocurrencies for your output using the AUTO-Mining Allocation feature in our Dashboard.
Previous contracts purchased are not subject to the new maintenance fee, they will continue to be subject to the Terms and Conditions at the time of the specific contract purchase date.
Billionaire venture capitalist, Tom Draper, has reiterated his prediction that Bitcoin will reach $250,000 by 2022, stating that “fiat is the past”, with both crypto and Bitcoin being the future.
Disclaimer
**THERE IS NO GUARANTEE THAT YOU WILL EARN ANY MONEY USING THE TECHNIQUES AND IDEAS DISPLAYED. THESE MATERIALS ARE NOT TO BE INTERPRETED AS A PROMISE, A GUARANTEE OF EARNINGS OR PURPORTING THIS TO BE FINANCIAL ADVICE.
*BITCOIN DAILY PAYOUT WILL VARY DEPENDING UPON BUT NOT LIMITED TO BTC PRICE, DIFFICULTY RATE, INDEPENDENT MINING COMPANIES OPERATIONAL EXPENSES.
We thank you for your vision and support as we continue to move forward in our endeavours.
Swiss Gold Global team
-----------------FRENCH-------
Objet: Etats-Unis - Les contrats SGG de minage Bitcoin ont cessé temporairement
Bonjour SGG Membres,
Nous sommes reconnaissants envers Genesis Mining d'avoir fourni son développement continu et son travail acharné pour nous assurer que nous ayons accès au service de minage cloud(Cloud mining) les plus efficaces disponibles dans le monde. Nous sommes tous enthousiasmés par les nouveaux forfaits d'exploitation de minage Bitcoin sha256 Bitcoin à durée déterminée de 5 ans avec une réduction de 50% des frais d'entretien, ce qui reflète vraiment l'expertise unique de Genesis Mining dans ce marché spécialisé.
Swiss Gold Global, au fil des ans, a établi une relation de confiance avec Genesis Mining et les soutiendront dans tout ce que nous pouvons faire pour ne pas compromettre les efforts actuels ou futurs qui profiteront aux clients de Genesis Mining et de SGG.
À l'heure actuelle, Genesis Mining nous a demandés de ne pas offrir des forfaits d'extraction de crypto aux États-Unis, alors que leur équipe de conformité et leur équipe juridique américaine se penchent sur les questions de réglementation dans cette région.
Genesis Mining a déclaré qu'elle avait l'intention de mettre ses services Cloud à la disposition des clients américains dans un proche avenir et nous travaillons avec eux pour soutenir cette cause importante.
Les membres des États-Unis continueront d'avoir accès à leur compte membre, mais ne pourront pas acheter de forfaits d'extraction crypto. Nous recommandons fortement que nos membres américains ne commercialisent pas ou ne vendent pas aux États-Unis, car cela pourrait vous mettre en infraction avec les règlements de sécurité américains jusqu'à ce que cette question juridique importante soit résolue.
Avec l'excellente efficacité de Genesis Mining, nous avons les avantages uniques:
1. Nouveaux frais d'entretien de contrat de minage bitcoin de $0,14 par contrat de TH/s (réduction de 50%)
Les contrats antérieurs de $0,28 par TH/s étaient les plus bas sur le marché, maintenant avec $0,14 par BTC TH/s le contrat de minage est une norme de progression dynamique dans le minage Bitcoin.
2. Le nouveau contrat de minage Bitcoin est désormais un contrat à durée déterminée de 5 ans
Sans résiliation pour frais de maintenance
3. Pas de prévente: l'exploitation est activée dès que vous l'achetez!
Durée du contrat
5 ans (60 mois) d'exploitation minière continue
Vos services de minage fonctionneront pour une période de 5 ans, même dans les cas où votre production de minage quotidien est inférieure aux frais d'entretien. De cette façon, vous aurez toujours le potentiel de produire des cryptomonnaies lorsque les conditions du marché s'amélioreront.
Les productions de minage quotidiennes sont variables et sont déterminés par trois facteurs: la difficulté d'extraction, les taux de change Bitcoin contre le dollar US et les frais de maintenance (qui incluent tous les coûts d'électricité, de refroidissement, de développement et de service). Nous ne pouvons pas controler les deux premiers facteurs qui sont imprévisibles, mais nous déployons toujours des technologies de minage de pointe et nous faisons de notre mieux pour que nos centres de données fonctionnent au maximum de leurs capacités.
Frais de maintenance
Des frais de maintenance fixes sont déduits de tous les contrats de 5 ans pour leur temps d'exécution complet. Frais de maintenance actuelle: 0,14 USD par TH/s par jour. Notez que les frais sont fixés en USD, mais déduits des paiements quotidiens en BTC. S'il vous plaît voir les Conditions d'utilisation pour plus de détails.
Bitcoin est la première crypto-monnaie open source, décentralisée et actuellement la plus populaire. L'extraction de Bitcoin est effectuée avec du matériel ASIC spécialisé qui utilise l'algorithme SHA-256. Vous pouvez extraire Bitcoin et Bitcoin Cash en mode natif. Vous pouvez également recevoir des monaies comme litecoin, Dash, Zcash et d'autres cryptomonnaies pour votre utilisant la fonction d'affectation AUTO-Mining dans notre tableau de bord.
Les contrats antérieurs acquis ne sont pas soumis aux nouveaux frais de maintenance, ils resteront soumis aux termes et conditions au moment de la date d'achat du contrat spécifique.
Le capitaliste milliardaire Tom Draper a réitéré sa prédiction que Bitcoin atteindra $250 000 d'ici 2022, affirmant que «fiat est du passé», crypto et Bitcoin étant l'avenir.
Avertissement
** IL N'Y A AUCUNE GARANTIE QUE VOUS GAGNEREZ DE L'ARGENT EN UTILISANT LES TECHNIQUES ET LES IDÉES EXPOSÉES. CES DOCUMENTS NE DOIVENT PAS ÊTRE INTERPRÉTÉS COMME UNE PROMESSE, UNE GARANTIE DE RÉMUNÉRATION OU LA PRÉSENTATION D'UN AVIS FINANCIER.
* LE PAIEMENT QUOTIDIEN DE BITCOIN VARIERA (MAIS NON LIMITÉ) SELON LE PRIX BTC, LE TAUX DE DIFFICULTÉ, LES DÉPENSES OPÉRATIONNELLES INDÉPENDANTES DES COMPAGNIES DE MINAGE.
Nous vous remercions de votre vision et de votre soutien pendant que nous continuons d'aller de l'avant dans nos efforts.
L'équipe Swiss Gold Global
-----------------SPANISH------
Asunto: Estados Unidos - Los contratos SGG de minería Bitcoin han cesado temporalmente
Hola SGG Miembros,
Agradecemos a Genesis Mining por proporcionar un desarrollo continuo y un trabajo arduo para garantizar que tengamos acceso a los servicios de minería de nubes más eficaces disponibles en el mundo. Todos estamos emocionados con los nuevos paquetes de explotación minera Bitcoin sha256 de plazo fijo de 5 años, con una reducción del 50% en los costos de mantenimiento, lo que realmente refleja la experiencia única de Génesis Mining en este mercado especializado.
Swiss Gold Global durante años ha forjado una relación de confianza con Genesis Mining y los apoyará con todo lo que podamos hacer para no poner en peligro los esfuerzos actuales o futuros que beneficiarán a los clientes de Genesis Mining y SGG.
Actualmente, Genesis Mining solicitó que NO ofrezcamos paquetes de minería de monedas criptograficas para la venta en los EE. UU., mientras que su equipo legal y de cumplimiento de EE. UU. se ocupa de cuestiones reglamentarias en esta región.
Genesis Mining ha declarado que tienen la intención de poner sus servicios en la nube a disposición de los clientes estadounidenses en el futuro cercano y estamos trabajando con ellos para apoyar esta importante causa.
Los miembros de EE. UU. Seguirán teniendo acceso a su cuenta de miembro, pero no podrán comprar paquetes de minería. Recomendamos encarecidamente que nuestros miembros de EE. UU. no comercialicen ni vendan dentro de los EE. UU. ya que esto puede infringir las normas de seguridad de los EE. UU. hasta que se resuelva este importante asunto legal.
Con la excelente eficiencia de Genesis Mining, tenemos los beneficios únicos:
1. Nueva tarifa de mantenimiento de contratos de minería de Bitcoin de $ 0.14 por contrato TH/s (50% de reducción)
Los contratos anteriores de $ 0.28 por TH/s fueron los más bajos en el mercado, ahora con $ 0.14 por BTC TH/s el contrato de minería es un estándar de avance dinámico en la minería de Bitcoin.
2. El nuevo contrato de Bitcoin Mining es ahora un contrato de 5 años de duración FIJA.
Sin terminación por tarifa de mantenimiento
3. Sin preventa: ¡la minería se activa tan pronto como usted la compró!
Duración del contrato
5 años (60 meses) de minería continúa
Sus servicios de minería tendrá una duración de 5 años- incluso en los casos en que su producción minera diario cae por debajo de las cuotas de mantenimiento. De esta forma, siempre tendrá el potencial de producir cryptomonedas a medida que mejoren las condiciones del mercado.
Los productos mineros diarios son variables y están determinados por tres factores: la dificultad de extracción, las tasas de cambio de Bitcoin frente al dolar (USD) y las tarifas de mantenimiento (que incluyen todos los costos de electricidad, refrigeración, desarrollo y servicio). No podemos controlar los dos primeros factores que son impredecibles, pero siempre desplegamos la tecnología de minería de última generación y hacemos nuestro mejor esfuerzo para mantener nuestros centros de datos funcionando a su máxima capacidad.
Tarifa de mantenimiento
Se deduce una tarifa de mantenimiento fija de todos los contratos de 5 años para su tiempo de ejecución completo. Cuotas de mantenimiento actuales: USD 0,14 por TH/s por día. Tenga en cuenta que la tarifa se fija en USD, pero se deduce de los pagos diarios en BTC. Por favor, consulte los Términos del Servicio para más detalles.
Bitcoin es la primera cryptomoneda de código abierto, descentralizada y actualmente la más popular. La minería de Bitcoin se hace con hardware ASIC especializado que utiliza el algoritmo SHA-256. Usted puede extraer Bitcoin y Bitcoin Cash de forma nativa. También puede recibir litecoin, Dash, Zcash y otros cryptomonedas utilizando la función de asignación de AUTO-minería en nuestro tablero de instrumentos.
Los contratos anteriores adquiridos no están sujetos a la nueva tarifa de mantenimiento, seguirán estando sujetos a los Términos y condiciones en el momento de la fecha de compra del contrato específico.
El multimillonario capitalista de riesgo, Tom Draper, reiteró su predicción de que Bitcoin alcanzará los $ 250,000 para el año 2022, afirmando que "el dinero fiduciario es del pasado", con criptografía y Bitcoin siendo el futuro.
Advertencia
** NO HAY GARANTÍA DE QUE GANARÁ DINERO USANDO LAS TÉCNICAS E IDEAS EXPUESTAS. ESTOS DOCUMENTOS NO DEBEN INTERPRETARSE COMO UNA PROMESA, UNA GARANTÍA DE REMUNERACIÓN O LA PRESENTACIÓN DE UN ASESORAMIENTO FINANCIERO.
* EL PAGO DIARIO DE BITCOIN VARIRÁ DEPENDIENDO, PERO SIN LIMITARSE AL PRECIO DE BTC, LA TASA DE DIFICULTAD BTC, LOS GASTOS DE FUNCIONAMIENTO INDEPENDIENTE DE COMPAÑÍAS DE MINERÍA.
Le agradecemos su visión y apoyo a medida que continuamos avanzando en nuestros esfuerzos.
El Equipo de Swiss Gold Global
5 years (60 Months) of continuous mining
Your mining services will run for 5 years, period - even in cases where your daily mining output falls below the Maintenance Fees. This way, you will always have the potential to produce cryptocurrencies as market conditions improve.
The daily mining outputs are variable and are determined by three factors: the mining difficulty, the Bitcoin vs USD exchange rates, and the Maintenance Fees (these include all electricity, cooling, development, and servicing costs). We cannot control the first two factors which are unpredictable, but we do always deploy state of the art mining technology and do our best to keep our data centers running at their maximum capability for you.
Maintenance fee
A fixed maintenance fee is deducted from all 5 year contracts for their full runtime. Current maintenance fees: USD 0.14 per TH/s per day. Please note that the fee is fixed in USD but deducted from the daily payouts in BTC. Please refer to the Terms of Service for further details.
Bitcoin is the first open-source, decentralized and currently most popular cryptocurrency. Bitcoin mining is done with specialized ASIC-Hardware utilizing the SHA-256 algorithm. You can mine Bitcoin and Bitcoin Cash natively. You can also receive Litecoin, Dash, Zcash and other cryptocurrencies for your output using the AUTO-Mining Allocation feature in our Dashboard.
Previous contracts purchased are not subject to the new maintenance fee, they will continue to be subject to the Terms and Conditions at the time of the specific contract purchase date.
Billionaire venture capitalist, Tom Draper, has reiterated his prediction that Bitcoin will reach $250,000 by 2022, stating that “fiat is the past”, with both crypto and Bitcoin being the future.
Disclaimer
**THERE IS NO GUARANTEE THAT YOU WILL EARN ANY MONEY USING THE TECHNIQUES AND IDEAS DISPLAYED. THESE MATERIALS ARE NOT TO BE INTERPRETED AS A PROMISE, A GUARANTEE OF EARNINGS OR PURPORTING THIS TO BE FINANCIAL ADVICE.
*BITCOIN DAILY PAYOUT WILL VARY DEPENDING UPON BUT NOT LIMITED TO BTC PRICE, DIFFICULTY RATE, INDEPENDENT MINING COMPANIES OPERATIONAL EXPENSES.
We thank you for your vision and support as we continue to move forward in our endeavours.
Swiss Gold Global team
-----------------FRENCH-------
Objet: Etats-Unis - Les contrats SGG de minage Bitcoin ont cessé temporairement
Bonjour SGG Membres,
Nous sommes reconnaissants envers Genesis Mining d'avoir fourni son développement continu et son travail acharné pour nous assurer que nous ayons accès au service de minage cloud(Cloud mining) les plus efficaces disponibles dans le monde. Nous sommes tous enthousiasmés par les nouveaux forfaits d'exploitation de minage Bitcoin sha256 Bitcoin à durée déterminée de 5 ans avec une réduction de 50% des frais d'entretien, ce qui reflète vraiment l'expertise unique de Genesis Mining dans ce marché spécialisé.
Swiss Gold Global, au fil des ans, a établi une relation de confiance avec Genesis Mining et les soutiendront dans tout ce que nous pouvons faire pour ne pas compromettre les efforts actuels ou futurs qui profiteront aux clients de Genesis Mining et de SGG.
À l'heure actuelle, Genesis Mining nous a demandés de ne pas offrir des forfaits d'extraction de crypto aux États-Unis, alors que leur équipe de conformité et leur équipe juridique américaine se penchent sur les questions de réglementation dans cette région.
Genesis Mining a déclaré qu'elle avait l'intention de mettre ses services Cloud à la disposition des clients américains dans un proche avenir et nous travaillons avec eux pour soutenir cette cause importante.
Les membres des États-Unis continueront d'avoir accès à leur compte membre, mais ne pourront pas acheter de forfaits d'extraction crypto. Nous recommandons fortement que nos membres américains ne commercialisent pas ou ne vendent pas aux États-Unis, car cela pourrait vous mettre en infraction avec les règlements de sécurité américains jusqu'à ce que cette question juridique importante soit résolue.
Avec l'excellente efficacité de Genesis Mining, nous avons les avantages uniques:
1. Nouveaux frais d'entretien de contrat de minage bitcoin de $0,14 par contrat de TH/s (réduction de 50%)
Les contrats antérieurs de $0,28 par TH/s étaient les plus bas sur le marché, maintenant avec $0,14 par BTC TH/s le contrat de minage est une norme de progression dynamique dans le minage Bitcoin.
2. Le nouveau contrat de minage Bitcoin est désormais un contrat à durée déterminée de 5 ans
Sans résiliation pour frais de maintenance
3. Pas de prévente: l'exploitation est activée dès que vous l'achetez!
Durée du contrat
5 ans (60 mois) d'exploitation minière continue
Vos services de minage fonctionneront pour une période de 5 ans, même dans les cas où votre production de minage quotidien est inférieure aux frais d'entretien. De cette façon, vous aurez toujours le potentiel de produire des cryptomonnaies lorsque les conditions du marché s'amélioreront.
Les productions de minage quotidiennes sont variables et sont déterminés par trois facteurs: la difficulté d'extraction, les taux de change Bitcoin contre le dollar US et les frais de maintenance (qui incluent tous les coûts d'électricité, de refroidissement, de développement et de service). Nous ne pouvons pas controler les deux premiers facteurs qui sont imprévisibles, mais nous déployons toujours des technologies de minage de pointe et nous faisons de notre mieux pour que nos centres de données fonctionnent au maximum de leurs capacités.
Frais de maintenance
Des frais de maintenance fixes sont déduits de tous les contrats de 5 ans pour leur temps d'exécution complet. Frais de maintenance actuelle: 0,14 USD par TH/s par jour. Notez que les frais sont fixés en USD, mais déduits des paiements quotidiens en BTC. S'il vous plaît voir les Conditions d'utilisation pour plus de détails.
Bitcoin est la première crypto-monnaie open source, décentralisée et actuellement la plus populaire. L'extraction de Bitcoin est effectuée avec du matériel ASIC spécialisé qui utilise l'algorithme SHA-256. Vous pouvez extraire Bitcoin et Bitcoin Cash en mode natif. Vous pouvez également recevoir des monaies comme litecoin, Dash, Zcash et d'autres cryptomonnaies pour votre utilisant la fonction d'affectation AUTO-Mining dans notre tableau de bord.
Les contrats antérieurs acquis ne sont pas soumis aux nouveaux frais de maintenance, ils resteront soumis aux termes et conditions au moment de la date d'achat du contrat spécifique.
Le capitaliste milliardaire Tom Draper a réitéré sa prédiction que Bitcoin atteindra $250 000 d'ici 2022, affirmant que «fiat est du passé», crypto et Bitcoin étant l'avenir.
Avertissement
** IL N'Y A AUCUNE GARANTIE QUE VOUS GAGNEREZ DE L'ARGENT EN UTILISANT LES TECHNIQUES ET LES IDÉES EXPOSÉES. CES DOCUMENTS NE DOIVENT PAS ÊTRE INTERPRÉTÉS COMME UNE PROMESSE, UNE GARANTIE DE RÉMUNÉRATION OU LA PRÉSENTATION D'UN AVIS FINANCIER.
* LE PAIEMENT QUOTIDIEN DE BITCOIN VARIERA (MAIS NON LIMITÉ) SELON LE PRIX BTC, LE TAUX DE DIFFICULTÉ, LES DÉPENSES OPÉRATIONNELLES INDÉPENDANTES DES COMPAGNIES DE MINAGE.
Nous vous remercions de votre vision et de votre soutien pendant que nous continuons d'aller de l'avant dans nos efforts.
L'équipe Swiss Gold Global
-----------------SPANISH------
Asunto: Estados Unidos - Los contratos SGG de minería Bitcoin han cesado temporalmente
Hola SGG Miembros,
Agradecemos a Genesis Mining por proporcionar un desarrollo continuo y un trabajo arduo para garantizar que tengamos acceso a los servicios de minería de nubes más eficaces disponibles en el mundo. Todos estamos emocionados con los nuevos paquetes de explotación minera Bitcoin sha256 de plazo fijo de 5 años, con una reducción del 50% en los costos de mantenimiento, lo que realmente refleja la experiencia única de Génesis Mining en este mercado especializado.
Swiss Gold Global durante años ha forjado una relación de confianza con Genesis Mining y los apoyará con todo lo que podamos hacer para no poner en peligro los esfuerzos actuales o futuros que beneficiarán a los clientes de Genesis Mining y SGG.
Actualmente, Genesis Mining solicitó que NO ofrezcamos paquetes de minería de monedas criptograficas para la venta en los EE. UU., mientras que su equipo legal y de cumplimiento de EE. UU. se ocupa de cuestiones reglamentarias en esta región.
Genesis Mining ha declarado que tienen la intención de poner sus servicios en la nube a disposición de los clientes estadounidenses en el futuro cercano y estamos trabajando con ellos para apoyar esta importante causa.
Los miembros de EE. UU. Seguirán teniendo acceso a su cuenta de miembro, pero no podrán comprar paquetes de minería. Recomendamos encarecidamente que nuestros miembros de EE. UU. no comercialicen ni vendan dentro de los EE. UU. ya que esto puede infringir las normas de seguridad de los EE. UU. hasta que se resuelva este importante asunto legal.
Con la excelente eficiencia de Genesis Mining, tenemos los beneficios únicos:
1. Nueva tarifa de mantenimiento de contratos de minería de Bitcoin de $ 0.14 por contrato TH/s (50% de reducción)
Los contratos anteriores de $ 0.28 por TH/s fueron los más bajos en el mercado, ahora con $ 0.14 por BTC TH/s el contrato de minería es un estándar de avance dinámico en la minería de Bitcoin.
2. El nuevo contrato de Bitcoin Mining es ahora un contrato de 5 años de duración FIJA.
Sin terminación por tarifa de mantenimiento
3. Sin preventa: ¡la minería se activa tan pronto como usted la compró!
Duración del contrato
5 años (60 meses) de minería continúa
Sus servicios de minería tendrá una duración de 5 años- incluso en los casos en que su producción minera diario cae por debajo de las cuotas de mantenimiento. De esta forma, siempre tendrá el potencial de producir cryptomonedas a medida que mejoren las condiciones del mercado.
Los productos mineros diarios son variables y están determinados por tres factores: la dificultad de extracción, las tasas de cambio de Bitcoin frente al dolar (USD) y las tarifas de mantenimiento (que incluyen todos los costos de electricidad, refrigeración, desarrollo y servicio). No podemos controlar los dos primeros factores que son impredecibles, pero siempre desplegamos la tecnología de minería de última generación y hacemos nuestro mejor esfuerzo para mantener nuestros centros de datos funcionando a su máxima capacidad.
Tarifa de mantenimiento
Se deduce una tarifa de mantenimiento fija de todos los contratos de 5 años para su tiempo de ejecución completo. Cuotas de mantenimiento actuales: USD 0,14 por TH/s por día. Tenga en cuenta que la tarifa se fija en USD, pero se deduce de los pagos diarios en BTC. Por favor, consulte los Términos del Servicio para más detalles.
Bitcoin es la primera cryptomoneda de código abierto, descentralizada y actualmente la más popular. La minería de Bitcoin se hace con hardware ASIC especializado que utiliza el algoritmo SHA-256. Usted puede extraer Bitcoin y Bitcoin Cash de forma nativa. También puede recibir litecoin, Dash, Zcash y otros cryptomonedas utilizando la función de asignación de AUTO-minería en nuestro tablero de instrumentos.
Los contratos anteriores adquiridos no están sujetos a la nueva tarifa de mantenimiento, seguirán estando sujetos a los Términos y condiciones en el momento de la fecha de compra del contrato específico.
El multimillonario capitalista de riesgo, Tom Draper, reiteró su predicción de que Bitcoin alcanzará los $ 250,000 para el año 2022, afirmando que "el dinero fiduciario es del pasado", con criptografía y Bitcoin siendo el futuro.
Advertencia
** NO HAY GARANTÍA DE QUE GANARÁ DINERO USANDO LAS TÉCNICAS E IDEAS EXPUESTAS. ESTOS DOCUMENTOS NO DEBEN INTERPRETARSE COMO UNA PROMESA, UNA GARANTÍA DE REMUNERACIÓN O LA PRESENTACIÓN DE UN ASESORAMIENTO FINANCIERO.
* EL PAGO DIARIO DE BITCOIN VARIRÁ DEPENDIENDO, PERO SIN LIMITARSE AL PRECIO DE BTC, LA TASA DE DIFICULTAD BTC, LOS GASTOS DE FUNCIONAMIENTO INDEPENDIENTE DE COMPAÑÍAS DE MINERÍA.
Le agradecemos su visión y apoyo a medida que continuamos avanzando en nuestros esfuerzos.
El Equipo de Swiss Gold Global
Thursday, 14 June 2018
Los Angeles Bitcoin Trader Jailed for 30 Months....
Theresa Tetley, a Bitcoin trader from Los Angeles is facing more than two years in jail for operating what prosecutors refer to as an illegal money transmitting business.
According to NBC Los Angeles, Tetley – also known as “Bitcoin Maven” – who is fifty years old made at least $300,000 a year from trading bitcoin on Localbitcoins.com from 2014 to 2017.
Tetley has previously pled guilty to running an unregistered money transmission business and exchanging around 80 BTC for $70,000 in one transaction that prosecutors allegedly included the profits of drug trafficking.
If the government gets its way in court on Monday, even if her defence team is pushing for a lesser sentence of one year, she will still face a 30-month federal jail sentence for the crimes.
Bitcoin Maven’s said activities “fueled a black-market financial system in the Central District of California that purposely and deliberately existed outside of the regulated bank industry,” as the Prosecutors Office put it in the court documents.
According to NBC LA, Tetley’s is the first case of this kind in Southern California, while bitcoin traders have been a conflict to authorities in other parts of U.S. in the past year.
Sunday, 13 May 2018
CryptoCurrency Tax Guide
Crypto and Bitcoin Tax Guide
This guide is not legal advice; for that, please consult a tax professional.
KEEP RECORDS
The main thing to remember is to keep records!
- Bear in mind that exchanges that are around now might not be in a few years’ time when you decide to sell.
- Most exchanges will let you download CSV files of your trades.
- If you are feeling lazy, at least try to take a screenshot of recent transactions you have made.
- You can create a separate email address for all your crypto records so that you can quickly email files to yourself for reference later. Please don’t let your security details come anywhere near it though!
Here are some common positions you may find yourself in:
1. I’VE BOUGHT SOME BITCOIN OR OTHER CRYPTOCURRENCY
When you buy bitcoin or cryptocurrency, nothing is expected of you at point of sale. However you will need a record of the price you bought it at to calculate taxes when you sell it in the future.
2. I WAS GIFTED SOME BITCOIN OR OTHER CRYPTOCURRENCY
For future tax purposes, make a note of the value of the gift on the date of the gift.
3. I’VE JUST SOLD SOME CRYPTOCURRENCY FOR FIAT
The tax that you might be liable for in this instance is Capital Gains Tax (CGT) – a tax on the profit that is made when you sell something that has increased in value. If tax is due it is only on the gain that you have made, not the entire amount you receive from the sale. This is why keeping records of the purchase value of your cryptocurrency is important. You can also include transaction costs such as transfer fees when calculating your gain.
The annual tax-free allowance for an individual’s asset gains is £11,300 for 2017/18. So if the profit from selling your cryptocurrency, in addition to any other asset gains, is less than this, you won’t have to report or pay tax on it.
However, if you sell up to four times the annual allowance (£45,200 for 2017/18) of crypto-assets, even if you make a profit of less than £11,300, you have to report this sale to HMRC. You can do this either by registering and reporting through Self Assessment, or by writing to them at:
PAYE and Self Assessment
HM Revenue and Customs
BX9 1AS
United Kingdom
An extra tip for married individuals: you can gift up to £11,300 of assets to your spouse, and use their Capital Gains Tax allowance, thereby getting up to £22,600 of capital gains tax free annually.
You have two options for how you declare your gains to HMRC:
a. As soon as you want after the sale using the ‘real time’ Capital Gains Tax service
You must report by 31 January after the tax year when you had the gains. (The tax year runs from 6 April to 5 April the following year. So if your sale takes place on 18 April 2018, then you have to report by 31 January 2020. If your sale takes place on 4 April 2019, you also have to report by 31 January 2020.)
HMRC will then contact you with instructions for payment.
It is recommended only to use this option as a last resort, for example, if you are late in registering or filing your return.
b. In your annual Self Assessment tax return
If you are self-employed or run a business, you might already send a tax return. But if you don’t, then you have to register for Self Assessment by 5 October following the tax year you sold your cryptocurrency. (Again, the tax year runs from 6 April to 5 April. If your sale takes place on 18 April 2018, or 4 April 2019, then you have to register by 5 October 2019.) If you’re already registered but haven’t received a letter reminding you to fill in a return, contact HMRC by 5 October. You must send your return by 31 January of the next tax year.
HMRC will then contact you with instructions for payment.
4. I’VE JUST SOLD SOME CRYPTOCURRENCY FOR OTHER CRYPTOCURRENCY / STARTED TRADING
Until you declare yourself as a trader to HMRC (as below), you are considered an investor and your annual gains are subject to Capital Gains Tax as above.
Remember that even if you make less profit than the CGT allowance but have sold more than four times the allowance’s worth in cryptocurrency, then you have to report this to HMRC as above.
If you have made more than the CGT allowance then you will have to report and pay tax on your gains. Bear in mind that every single trade you make – even crypto to crypto – will most likely impact tax calculations. (To calculate capital gains on a crypto to crypto trade, convert everything into GBP value at the time of the trade. I know.. it’s crazy.) So if you have made a significant number of trades, it is probably worthwhile getting a tax professional just to make sure you get things right.
Advice from HMRC was to consider the tax rules governing the sale of shares (which can be found here and in further detail here) as comparable to the sale of cryptocurrency.
What is significant with respect to CGT is the concept of share matching, roughly translated to a complex example BTC scenario as follows:
Say you have accumulated 1 BTC over 8 months, having bought 0.25 BTC every two months at different prices ( January: £1500, March: £2000, May: £2500, July: £3000). On 1 October 2017 you buy a further 0.25 BTC at £3500 before deciding to sell 0.6 BTC that same night – but at what price did you buy this amount? Furthermore, after selling this, you decide to buy 0.2 more BTC at £3600 on 17 October 2017.
This is the order in which your BTC is priced and disposed of:
1. BTC that you have bought on the same day (‘same day’ rule)
So in our case, the 0.25 BTC bought at £3500 on the 1 October 2017 will be accounted for at that price, leaving a further 0.6 – 0.25 = 0.35 BTC to account for. This portion will cost 0.25 * £3500 = £875.
2. BTC acquired within 30 days of the sale (‘bed and breakfasting’ rule)
In our case, the 0.2 BTC bought on 17 October 2017 will be accounted for at £3600, as it is within 30 days of the sale date of 1 October 2017, leaving a further 0.35 – 0.2 = 0.15 BTC to account for. This portion will cost 0.2 * £3600 = £720.
3. A BTC pool where the cost has been averaged
You will pool your BTC together (the equivalent of a ‘Section 104 holding’ for shares) and average the cost.
So in this case, the average price will take into account all the BTC you have bought prior to the sale on 1 October 2017. (The BTC you bought on 1 October 2017 has already been accounted for as a result of rule 1.) So we have (0.25 * £1500 + 0.25 * £2000 + 0.25 * £2500 + 0.25 * £3000) / 1 BTC = £2250 as the average cost price. The cost of this portion will be 0.15 * £2250 = £337.50.
So the total cost of the 0.6 BTC sold on 1 October comes to £875 + £720 + £337.50 = £1932.50
As you can see, it is a bit of a headache. Although there are services and apps which allow you to import CSV files of your trades from major exchanges and help you do some of these calculations, we can not currently recommend any particular service for UK-based investors. It really is best to get an accountant if your trading history is complex.
For further guidance regarding your specific case you may also call HMRC at 0300 200 3300. Friday afternoon has been suggested as a less busy and therefore better time to call.
5. I TRADE A LOT!
If you trade crypto but are unsure whether your trading constitutes a ‘trade’ in the eyes of HMRC, they suggest looking up the badges of trade to see how many you fulfil. However as this is not clear cut in any form, it’s probably best to discuss your position with a tax professional, as if you do qualify, you have to set up as a sole trader, after which your gains will become subject to Income Tax, not CGT. Usually your tax burden will be higher as a result.
Adrian Markey suggests that unless you are doing things a stockbroker might do – systematically trading full time every day, dealing with other people’s money, hedging against your investments, advertising your services and earning commissions, your trades will most likely be subject to CGT assessment as above, not Income Tax.
In any case, if you have to set up as a sole trader, register for Self Assessment if you haven’t done so already. You may do so online here. Note that you may be fined if you don’t do so by 5 October in your business’s second tax year. As a professional trader, you have to learn the tax rules of running a business – details regarding this can be found in the Business Income Manual.
6. I’VE BOUGHT SOMETHING USING CRYPTOCURRENCY
When one spends cryptocurrency in order to purchase a good or a service, this is still considered an asset disposal and has to be assessed as such.
Let us take the simple example of Jim buying a coffee worth £2.80.
He pays 0.00038 BTC, as the exchange rate at the time of the purchase is £7345.42 / BTC.
What is important here is the price at which he purchased the BTC he is paying with.
To calculate this, we return to our disposal rules, in this order:
1. Any BTC Jim bought on the same day (‘same day’ rule)
2. Any BTC Jim acquired within 30 days of the sale (‘bed and breakfasting’ rule)
3. A pool where the cost of all the BTC Jim owns has been averaged
Let’s say Jim happened to buy 0.001 BTC that very morning at an exchange rate of £7289.67 / BTC. We can therefore use rule 1 – the ‘same day’ rule, using this price for calculating the value of the BTC he used to pay for the coffee:
0.00038 * £7289.67 = £2.77
So Jim’s capital gain in this instance is £2.80 – £2.77 = £0.03!
Until HMRC provides explicit advice to the contrary, it is advisable to keep a spreadsheet of any purchases made with cryptocurrency, no matter how small, in case you exceed your personal capital gains allowance.
If this has been useful, please consider joining our mailing list for UK tax news, deadline reminders and updates to this guide:
Monday, 7 May 2018
Why Bitcoin is Much Better than Bank Transfers...
Why Bitcoin is better than Bank transfers, Paypal and credit card transactions
1.Bitcoin transactions between wallets are not linked to your bank account
2.Anyone can use bitcoin, there is no need for account verification, identity checks or proof of residence
3.No central authority telling you what you can and cannot do with your money
4.Your account can never be seized or closed, you are the only one with control
5.Privacy is enhanced with Bitcoin and it reduces identity theft.
6.Bitcoin transfers are available within minutes, not like typical banking where it can take days
7.Available in any country, there are no international boundaries: send and receive anywhere in the world for no additional fees
8.Unlimited Access: have full control of your money, 24 hours/day, 7 days/week, from anywhere in the world
9.No high banking and transaction fees, monthly and annual fees, overdraft or over limit fees
10.No minimum or maximum amount for transactions
11.Purchases can be virtually anonymous, your name is not tied to your transaction
12.Transactions cannot be reversed, so retailers no longer need to worry about credit card chargebacks
1.Bitcoin transactions between wallets are not linked to your bank account
2.Anyone can use bitcoin, there is no need for account verification, identity checks or proof of residence
3.No central authority telling you what you can and cannot do with your money
4.Your account can never be seized or closed, you are the only one with control
5.Privacy is enhanced with Bitcoin and it reduces identity theft.
6.Bitcoin transfers are available within minutes, not like typical banking where it can take days
7.Available in any country, there are no international boundaries: send and receive anywhere in the world for no additional fees
8.Unlimited Access: have full control of your money, 24 hours/day, 7 days/week, from anywhere in the world
9.No high banking and transaction fees, monthly and annual fees, overdraft or over limit fees
10.No minimum or maximum amount for transactions
11.Purchases can be virtually anonymous, your name is not tied to your transaction
12.Transactions cannot be reversed, so retailers no longer need to worry about credit card chargebacks
Adrian Hibbert
Bitcoin Multi-Millionaire
Call me anytime +44 7966 871854
>> http://BitcoinMillionaire.co.uk
Wednesday, 2 May 2018
Get Out Of UK Property Asap...
UK Government are cracking down on accidental/wannabe Property landlords with Clause 24. Worth looking into it. Basically, a massive amount of profitable Property landlords will now be scratching even per year or even making a loss because of this.
Also, when interest rates start rising…game over. When UK base rates hit 2-3%, you have about a year to get the hell out of property before the arse falls out of it.
Adrian Hibbert
Bitcoin Millionaire
+44 7966 871854 - call me anytime
Also, when interest rates start rising…game over. When UK base rates hit 2-3%, you have about a year to get the hell out of property before the arse falls out of it.
Adrian Hibbert
Bitcoin Millionaire
+44 7966 871854 - call me anytime
Sunday, 29 April 2018
Dascoin Scam - Is Dascoin a Ponzi Scheme ?
True Hypocrisy laid bare when it comes to Network Marketers!
It’s a question of “How Funding is raised “
What’s the difference between raising funds via an ICO like ETN or Token Pay or NAGA for example where they market the coin to potential buyers based on members getting free bonus coins for actively promoting their ICO and where all coins are immediately released into the hands of the purchaser leading to pump and dumps.
Yes millions of dollars are raised within a few short weeks by these types of ICO’s to then be used apparently to build the technology and the company brand. It can then take years for these companies to produce the technology and the services and in about 60% or greater these companies never produce anything of substance and yet Millions of dollars of funds are raised and the tokens are pumped and dumped leaving thousands at a loss in the market place ! These types of Companies are given a FREE PASS by network marketers.
Now the HYPOCRISY!
So DasCoin which chose an entirely different way to develop their ecosystem of technology and applications by choosing to Fund their project through incentivised marketing.
There chosen methodology was to develop the technology through the purchase of a licence which gives licence holders a set number of digital cycles that are utilised to either purchase Blockchain services or convert through a minting process DasCoin tokens that can be traded on the open market.
With the incentivised marketing model the company could raise funding over the long term for the continuous development of the projects that they want to build into their ecosystem and thus enabling the company to build out the ecosystem over time with a careful thought out process and a road map and roll out time frame for everyone to see.. They have to pay for the team of developers that create the digital technology they pay for the offices around the world for these teams to work out of and they pay for the infrastructure that goes with it including staff support and everything else that comes from operating a corporate structure and they are at the same time working on attracting the highest caliber of entreprenuers to further develop the entire ecosystem for the project which includes development of graphene based Blockchain, hard webwallet solution with full authentication and full regulatory compliance, internal trading exchange operation, point of sale payment applications development, third party ICO development, banking solutions, smart contract solutions, international global branding solutions and building partnerships with international clients.
All of this done by leveraging incentivised marketing that rewards people to continue to market the company and enabling continued development over the long term.
This to me is the smartest way to build out an ecosystem that has to compete in the market place with thousands of other crypto tokens. The collection of people that have been attracted to the DasCoin ecosystem is amazing and already the company have now major backers that want to use the DasCoin ecosystem to create new projects within the emerging Blockchain economy. This entire ecosystem and corporate entity has been created in just over 18 months which is incredibly fast for such a huge undertaking. Trust me when I say that having operated my own company for over 12 years and knowing the complexities of operating a company this is quite frankly an incredible achievement.
So whilst all this is going on we have a few of these arrogant “Network Marketers” that are calling DasCoin a scam a Ponzi coin a Con !!
They refuse to educate themselves on the facts they refuse to attend the educational seminars where they can put their questions directly to the founders of the company and get first hand the answers to their questions. No they reject the credentials of the DasCoin team and the board members who have achieved incredible things over their careers they arrogantly lay scorn on those that believe in the DasCoin vision and they think they know better than the people worked ng hard to create a radical solution to many of the problems faced in making a CryptoCurrency accessible to the mainstream.
It’s a sad state of affairs when people can only criticise and ridicule others that have spent the time to understand the project and who want it to succeed as a currency.
These critics said it would never happen that the coin was not real and that it would never be traded publicly.
Now that the coin is on public exchanges and these people have been proven wrong they are now saying that the exchanges are bad and that it’s a shit coin etc etc ! In other words they need to find the next reason to try and be proven right !!
So what will these people say when DasCoin continues to expand its business and appears on more we’ll know exchanges ? What will their criticism be then ?
In a few months time in June 2018 DasPay will be launched to the world and this will open up the DasCoin to over 60 million point of sale terminals around the world. Terminals that take visa and MasterCard and other well known cards. People will be able to spend DasCoin at these terminals.
What will the critics say then ?
Companies are looking to utilise the DasCoin Blockchain and DasCoin Token to create amazing new products and services which range from electric car power charging points, health foods, education, law, fashion, virtual reality, and many more ingenious uses for the DasCoin Blockchain.
What will those critics say then ?
The truth is that some people are blinded by their own ignorance and arrogance !
If it’s incentivised marketing they blindly get nasty and call it a scam but if it’s an ICO that they pay directly for, even if the technology doesn’t exist they will promote it all day long despite people losing their money when it dumps.
People call DasCoin an “MLM Coin” and the FACT is that NO it’s NOT an MLM Coin, the coin is created by graphene based Bitshares Blockchain technology and the code can be scrutinised on Github.
The company raise their funding through incentivised marketing which shares the revenue and rewards the advocates that are actively promoting the project rather that through an ICO where people don’t actually give a shit about the technology or the company but just want to make a profit on the pump and dump ! If people don’t want to promote the company then they can buy their licence and just be customers. There is no scam no conflict no illegality. You choose how you want to get your DasCoins. You can buy a licence or you can buy on the public exchange.
I know which system I prefer and I will continue to build my DasCoin network and support this company that is working so hard to create a better way !
Written By Steve Lawson
It’s a question of “How Funding is raised “
What’s the difference between raising funds via an ICO like ETN or Token Pay or NAGA for example where they market the coin to potential buyers based on members getting free bonus coins for actively promoting their ICO and where all coins are immediately released into the hands of the purchaser leading to pump and dumps.
Yes millions of dollars are raised within a few short weeks by these types of ICO’s to then be used apparently to build the technology and the company brand. It can then take years for these companies to produce the technology and the services and in about 60% or greater these companies never produce anything of substance and yet Millions of dollars of funds are raised and the tokens are pumped and dumped leaving thousands at a loss in the market place ! These types of Companies are given a FREE PASS by network marketers.
Now the HYPOCRISY!
So DasCoin which chose an entirely different way to develop their ecosystem of technology and applications by choosing to Fund their project through incentivised marketing.
There chosen methodology was to develop the technology through the purchase of a licence which gives licence holders a set number of digital cycles that are utilised to either purchase Blockchain services or convert through a minting process DasCoin tokens that can be traded on the open market.
With the incentivised marketing model the company could raise funding over the long term for the continuous development of the projects that they want to build into their ecosystem and thus enabling the company to build out the ecosystem over time with a careful thought out process and a road map and roll out time frame for everyone to see.. They have to pay for the team of developers that create the digital technology they pay for the offices around the world for these teams to work out of and they pay for the infrastructure that goes with it including staff support and everything else that comes from operating a corporate structure and they are at the same time working on attracting the highest caliber of entreprenuers to further develop the entire ecosystem for the project which includes development of graphene based Blockchain, hard webwallet solution with full authentication and full regulatory compliance, internal trading exchange operation, point of sale payment applications development, third party ICO development, banking solutions, smart contract solutions, international global branding solutions and building partnerships with international clients.
All of this done by leveraging incentivised marketing that rewards people to continue to market the company and enabling continued development over the long term.
This to me is the smartest way to build out an ecosystem that has to compete in the market place with thousands of other crypto tokens. The collection of people that have been attracted to the DasCoin ecosystem is amazing and already the company have now major backers that want to use the DasCoin ecosystem to create new projects within the emerging Blockchain economy. This entire ecosystem and corporate entity has been created in just over 18 months which is incredibly fast for such a huge undertaking. Trust me when I say that having operated my own company for over 12 years and knowing the complexities of operating a company this is quite frankly an incredible achievement.
So whilst all this is going on we have a few of these arrogant “Network Marketers” that are calling DasCoin a scam a Ponzi coin a Con !!
They refuse to educate themselves on the facts they refuse to attend the educational seminars where they can put their questions directly to the founders of the company and get first hand the answers to their questions. No they reject the credentials of the DasCoin team and the board members who have achieved incredible things over their careers they arrogantly lay scorn on those that believe in the DasCoin vision and they think they know better than the people worked ng hard to create a radical solution to many of the problems faced in making a CryptoCurrency accessible to the mainstream.
It’s a sad state of affairs when people can only criticise and ridicule others that have spent the time to understand the project and who want it to succeed as a currency.
These critics said it would never happen that the coin was not real and that it would never be traded publicly.
Now that the coin is on public exchanges and these people have been proven wrong they are now saying that the exchanges are bad and that it’s a shit coin etc etc ! In other words they need to find the next reason to try and be proven right !!
So what will these people say when DasCoin continues to expand its business and appears on more we’ll know exchanges ? What will their criticism be then ?
In a few months time in June 2018 DasPay will be launched to the world and this will open up the DasCoin to over 60 million point of sale terminals around the world. Terminals that take visa and MasterCard and other well known cards. People will be able to spend DasCoin at these terminals.
What will the critics say then ?
Companies are looking to utilise the DasCoin Blockchain and DasCoin Token to create amazing new products and services which range from electric car power charging points, health foods, education, law, fashion, virtual reality, and many more ingenious uses for the DasCoin Blockchain.
What will those critics say then ?
The truth is that some people are blinded by their own ignorance and arrogance !
If it’s incentivised marketing they blindly get nasty and call it a scam but if it’s an ICO that they pay directly for, even if the technology doesn’t exist they will promote it all day long despite people losing their money when it dumps.
People call DasCoin an “MLM Coin” and the FACT is that NO it’s NOT an MLM Coin, the coin is created by graphene based Bitshares Blockchain technology and the code can be scrutinised on Github.
The company raise their funding through incentivised marketing which shares the revenue and rewards the advocates that are actively promoting the project rather that through an ICO where people don’t actually give a shit about the technology or the company but just want to make a profit on the pump and dump ! If people don’t want to promote the company then they can buy their licence and just be customers. There is no scam no conflict no illegality. You choose how you want to get your DasCoins. You can buy a licence or you can buy on the public exchange.
I know which system I prefer and I will continue to build my DasCoin network and support this company that is working so hard to create a better way !
Written By Steve Lawson
Friday, 20 April 2018
Binance to Add USD to Crypto Trading Pairs...
The largest cryptocurrency exchange, Binance has announced that it is making plans to add USD to crypto trading pair. This is a welcome move in the cryptocurrency market where it is often not easy to purchase cryptocurrencies using fiat currencies. Similarly, cryptocurrency traders and investors will have an opportunity to exchange their cryptocurrencies to fiat quite easily.
Investors have already expressed their delight on receiving the news, ‘Very excited for this, won’t have to worry about USDT anymore!” wrote Boundless_moons (investor). Another investor wrote, “Big news. Coinbase are losing their market dominance. Bittrex has also mentioned it will be offering fiat deposits soon as well.”
Some cryptocurrencies could receive a boost from Binance’s “USD crypto’ trading pairs are Ripple (XRP) and Verge (XVG). These two digital assets have been trying to get listed on the US-based Coinbase cryptocurrency exchange without success. Coinbase already allows “USD crypto” trading pairs but it is not easy for a digital asset to get listed. Not long ago Ripple was accused of offering Coinbase cash incentive in a bid to secure a listing. Ripple has, however, been feared to be a security token for some time now. At the same time, the Securities and Exchange Commission (SEC) has warned that cryptocurrency exchanges to stay away from listing unregistered securities. Ripple has still maintained that XRP is not a security token, although a listing on Coinbase will be a boost to the cryptocurrency.
XRP/USD and XVG/USD trading pairs on Binance are bound to increase the trading volumes on for both Ripple and Verge. Consequently, it could also attract more investors, as a result, the prices could spike. The cryptocurrency market is currently embracing a bullish trend that returned the previous week and the coins and altcoins are exploring news highs and find higher consolidations.
In other news, Binance has recently moved its operations to Malta, although its headquarters are still in Hong Kong. Malta is a crypto progressive island, besides; Binance has been looking to move from China for a while now. Regulations in China are quite unpredictable therefore the largest cryptocurrency exchange has been looking for a permanent location to carry out business without fear of uncertainties. Initially, Binance had applied to shift location from China to Japan, but Japan’s regulator the Financial Services Agency (FSA) issued it with a warning that requires it to obtain a license or risk criminal charges. Malta, on the other hand, presented itself as a viable location.
The Malta location offers Binance several advantages, for example, for example, the earlier mentioned fiat-to-crypto trading pair, investors and traders will now be free to purchase digital assets using USD or even the Euro directly. Prior to this, you had to buy Bitcoin from another cryptocurrency exchanges then transfer to Binance before purchasing other coins and altcoins.
Binance CEO, Mr Zhao has mentioned that they are working on securing a deal with local Banks in Malta that will make the process depositing and withdrawing fiat currencies seamless and accessible.
“We are very confident we can announce a banking partnership there soon,” Zhao said. “Malta is very progressive when it comes to crypto and fintech.” At the same time, the Malta’s Prime Minister is open to Binance, Mr. Joseph Muscat said in tweet ‘We aim to be the global trailblazers in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world-class fintech companies –JM.”
Swiss Gold Global Update...
SGG EMAIL UPDATE
Hello Swiss Gold Global members,
The month of April 2018 is certainly turning out to be a busy month, supported by the current global geopolitical uncertainty and increased global debt concerns by the IMF (International Monetary Fund on US Debt) the interest in gold and silver has increased as it does in such times.
We have also seen Swiss Gold Global members buying and increasing their Bitcoin TH mining packages as the estimated annual return again cross the 50% mark. Even though we understand this is not guaranteed nor investment advice, compared to current term deposit returns it is beyond outstanding.
We also have some exciting updates:
Commissions now payable in Bitcoin
For KYC approved Affiliate members commission pay out requests can now be paid in Bitcoin to a limit of $1000.00. This is great as the transaction fee will be minimal to the member compared to the alternative payment methods. This will be available in the next 5 working days.
Cryptocurrency thresholds reduced
Last year we experienced vast increases in the minimal crypto pay out threshold due to the increasing transaction fees. With the deployment of the “Lightening Network” to the Bitcoin protocol we are now experiencing faster transaction time and with lowest of transaction fee.
Now your rewards will be pushed more often to your nominated crypto wallet.
BTC minimum payout 0.0035 BTC (350 000 satoshis)
DASH minimum payout 0.001 DASH
ETH minimum payout 0.04 ETH
LTC minimum payout 0.002 LTC
XMR minimum payout 0.4 XMR
ZEC minimum payout 0.001 ZEC
Bitcoin 15 TH/s mining contracts available
Platinum package with the 15 TH/s BTC mining contract will again become available next week. This is an excellent package for those who wish to own gold / silver and 15 TH/s BTC mining package. The Enrolling Sponsor receives $590 in commissions and 3TH/s BTC mining contract to further compound your bitcoin daily pay out reward.
Reporting Issues
As some of you have experienced, there has been issues of pay outs being pushed to some Members accounts and the UNPAID resetting itself to zero.
Genesis Mining and our team are aware of this and are working to correct this. As this is a complicated issue with many variables it will take time to isolate the cause and correct the issue. All mining and rewards are functioning 24/7, due to upgrading of platforms it has caused some indexes to corrupt and prevent the pay out communication from been accepted on our side and therefore reflecting in your crypto module and wallet.
Be assured that this will be corrected and all payouts honoured as they have always been in the past.
Disclaimer
**THERE IS NO GUARANTEE THAT YOU WILL EARN ANY MONEY USING THE TECHNIQUES AND IDEAS DISPLAYED. THESE MATERIALS ARE NOT TO BE INTERPRETED AS A PROMISE, A GUARANTEE OF EARNINGS OR PURPORTING THIS TO BE FINANCIAL ADVICE.
*BITCOIN DAILY PAYOUT WILL VARY DEPENDING UPON BUT NOT LIMITED TO BTC PRICE, DIFFICULTY RATE, INDEPENDENT MINING COMPANIES OPERATIONAL EXPENSES.
Thank you,
Team Swiss Gold Global
Hello Swiss Gold Global members,
The month of April 2018 is certainly turning out to be a busy month, supported by the current global geopolitical uncertainty and increased global debt concerns by the IMF (International Monetary Fund on US Debt) the interest in gold and silver has increased as it does in such times.
We have also seen Swiss Gold Global members buying and increasing their Bitcoin TH mining packages as the estimated annual return again cross the 50% mark. Even though we understand this is not guaranteed nor investment advice, compared to current term deposit returns it is beyond outstanding.
We also have some exciting updates:
Commissions now payable in Bitcoin
For KYC approved Affiliate members commission pay out requests can now be paid in Bitcoin to a limit of $1000.00. This is great as the transaction fee will be minimal to the member compared to the alternative payment methods. This will be available in the next 5 working days.
Cryptocurrency thresholds reduced
Last year we experienced vast increases in the minimal crypto pay out threshold due to the increasing transaction fees. With the deployment of the “Lightening Network” to the Bitcoin protocol we are now experiencing faster transaction time and with lowest of transaction fee.
Now your rewards will be pushed more often to your nominated crypto wallet.
BTC minimum payout 0.0035 BTC (350 000 satoshis)
DASH minimum payout 0.001 DASH
ETH minimum payout 0.04 ETH
LTC minimum payout 0.002 LTC
XMR minimum payout 0.4 XMR
ZEC minimum payout 0.001 ZEC
Bitcoin 15 TH/s mining contracts available
Platinum package with the 15 TH/s BTC mining contract will again become available next week. This is an excellent package for those who wish to own gold / silver and 15 TH/s BTC mining package. The Enrolling Sponsor receives $590 in commissions and 3TH/s BTC mining contract to further compound your bitcoin daily pay out reward.
Reporting Issues
As some of you have experienced, there has been issues of pay outs being pushed to some Members accounts and the UNPAID resetting itself to zero.
Genesis Mining and our team are aware of this and are working to correct this. As this is a complicated issue with many variables it will take time to isolate the cause and correct the issue. All mining and rewards are functioning 24/7, due to upgrading of platforms it has caused some indexes to corrupt and prevent the pay out communication from been accepted on our side and therefore reflecting in your crypto module and wallet.
Be assured that this will be corrected and all payouts honoured as they have always been in the past.
Disclaimer
**THERE IS NO GUARANTEE THAT YOU WILL EARN ANY MONEY USING THE TECHNIQUES AND IDEAS DISPLAYED. THESE MATERIALS ARE NOT TO BE INTERPRETED AS A PROMISE, A GUARANTEE OF EARNINGS OR PURPORTING THIS TO BE FINANCIAL ADVICE.
*BITCOIN DAILY PAYOUT WILL VARY DEPENDING UPON BUT NOT LIMITED TO BTC PRICE, DIFFICULTY RATE, INDEPENDENT MINING COMPANIES OPERATIONAL EXPENSES.
Thank you,
Team Swiss Gold Global
Adrian Hibbert
Bitcoin Multi-Millionaire
Call me anytime +44 7966 871854
>> http://BitcoinMillionaire.co.uk
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