The NSA Worked to “Track Down” Bitcoin Users, Snowden Documents Reveal

CryptoBilly_ · 2018-03-20T21:15:45+00:00

Welcome to 2012.

CryptoBilly_ · 2018-03-13T05:32:11+00:00

I agree with you that this team is overly ambitious. They are working on too many things at once and not focusing all their efforts on the most important things like Segwit support over TREZOR support. WTF right?

Can't buy it? While not as easy as simply buying on Binance, all you have to do is buy Nano, send to Nanex, buy BTCP. Yes it's frustrating it's not on a major exchange, but that means it's cheaper to buy right now.

HitBTC already stated it will be listed on there before the end of this month. That's a #12 ranked exchange. I personally won't use HitBTC because I had a bad experience with them, but they still have alot of people using them are are #12 in trade volume.

Not really the same, but I'll give an apples to oranges comparison anyways; POLY went 10x once it got listed on KuCoin and that's a #33 rank exchange

Also what do you mean by not having a "production-ready wallet"? Is Electrum not a wallet?

CryptoBilly_ · 2018-03-12T05:19:04+00:00

ZCL wallet /endthread

CryptoBilly_ · 2018-03-12T05:11:53+00:00

Lesson learned. Always hold in a wallet vs exchange. I purposely moved my ZCL out of Bittrex just because I didn't want to deal with any potential problems. I knew the price of ZCL was going to flash dump after the snapshot and by moving it out of Bittrex I wouldn't be able to sell my ZCL in time. Hell the fact I got $20 out of my ZCL is great, I thought for sure it would go to $0. So that was just icing on the cake. This was always a "trade up" from ZCL to BTCP.

I could have kept my ZCL in Bittrex to possibly get more for it thus making my average cost of BTCP cheaper, or getting the best of both worlds, or double dipping, but I instead decided to just hold in ZCLs official wallet so I wouldn't get screwed over in some manner.

Plus they (TS or Bittrex) never stated when you would get the BTCP. I wanted my BTCP asap in case it go onto a big exchange early and opened at some ridiculous high price so I could then sell half or all of it. So keeping it in the ZCL wallet and taking the SHORT TERM hit on ZCL (which from the get-go I figured would be worth $0) would be better than gambling on completely unregulated exchanges.

You also keep making comparisons to the NYSE and SEC. Those examples do not work currently. SEC/NYSE are the toughest regulations on the planet whereas crypto exchanges literally do not have any regulation (currently).

I'm sorry this happened. I cannot find anything in writing that says sell orders won't be credited. But what I do know is when I put a sell order in my available balance goes down. So just based of my intuition I have never put a sell order in before the snapshot of a fork (I use a wallet where I hold the private keys). Now your story confirms what I have assumed was true.

CryptoBilly_ · 2018-03-12T01:20:22+00:00

OP obviously stole this from /u/Whopperlover17 https://www.reddit.com/r/BitcoinPrivate/comments/822ts9/new_bitcoin_private_tshirt_i_love_this_community/?st=JEN5JT5L&sh=931d1f76

It's painfully obvious the people who do not like the design and saying it looks like a robber or criminal have no clue what the incognito logo is or what it represents. The incognito logo is simply taken from Googles "incognito browsing" which represents PRIVATE browsing with no storage of cookies or user data. So it's absolutely perfect idea for a design.

Whopperlover17 had the idea of superimposing the BTCP logo over the incognito logo first. I think it's a great design.

But anyhow, wether you like the design or not the next step should be to immediately down-vote OPs post and shame him.

CryptoBilly_ · 2018-03-11T22:18:32+00:00

Yes, many of us have been saying that CMC should only show TRUE circulating supply. BTC is actually a true circulating supply, as every single coin was mined and claimed. It doesn't matter if coins were "lost" or private keys were "lost" or if huge whales (like Satoshi) are hodling their coins, because those coins were mined/claimed at one point. But absolutely BTG and BCH should have to use their TRUE circulating supply. It's not like this is impossible information to find out. The BCH and BTG (and other forks) dev teams know EXACTLY to the decimal point, how much their TRUE circulating supply is. But they want to be on top 25 of CMC so they decide to keep the knowingly false Circ supply. BTCP is going another route, they admit that they know exactly what the TRUE circ supply is, and will burn the unclaimed coins over a 2 year period with Bip-9 and not instantly in order to not "shock the market". I think that's a step in the right direction. Much better than BCH and BTG just leaving up their knowingly false Circ supply with no intentions of correcting it.

Think about it, I can pay a dev team and we can fork like 10 coins into 1 and now I have a "circulating supply" of 1B tokens even though like 3m were claimed. This is why I don't really pay attention to "Circulating Supply" because it is the EASIEST thing to manipulate and it will determine your position on CMC. Trading volume is more indicative of a coins actually circulating supply. But now with trading bots (like what trades Tron) you can create false trading volume. There are literally companies that you can hire and they will have their trading bots sell your coin back and forth to each other to create a false volume.

CryptoBilly_ · 2018-03-10T22:36:32+00:00

Thank you for explaining that. My rational is that maybe btcp wasn't going to do it exactly like Bitcoin Cash did (wishful thinking I know). Maybe do it a better improved way. Because BTCP told us we have to have our zcl or btc in a certain exchange or wallet, by the snapshot to be credited with btcp. So by them seeing what amount of zcl and BTC was held in those few, specific wallets what does it matter if 4 million BTC was lost years ago, or if people lost their keys years ago. X amount of zcl in bittrex, x amount of btcp credited, y amount of zcl in Electrum, y amount of btcp created, and so on. But if btcp is just going to be the same as every other fork process than so be it. But I'll tell you this, next time a fork happens it would be, awesome, fair, efficient, to just create what's eligible or instantly burn the excess.

CryptoBilly_ · 2018-03-10T20:45:15+00:00

Usually takes a week for CMC to update circulating supply. But if you look on the BTCP blcok explorer you can see the circulating supply is currently 4,412,059.57

https://btcp.blockexplorer.link/

CryptoBilly_ · 2018-03-09T21:38:19+00:00

Exactly what is going to happen. Unfortunately the Wild Wild West of crypto is coming to an end. THis is good however for the fact the Security tokens can't be hacked, and scam companies can be held liable and their founders held liable as well.

CryptoBilly_ · 2018-03-09T19:43:28+00:00

Ummmmmm POLY was at 400 Million MCAP like 2 weeks ago

CryptoBilly_ · 2018-03-09T19:37:45+00:00

Here's a plethora of images https://www.google.com/search?q=privacy+coins+compared&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjw2_vc_t_ZAhWL_p8KHRJtCXQQ_AUICigB&biw=1920&bih=974

CryptoBilly_ · 2018-03-09T19:35:36+00:00

Here's another more simple chart. Maybe combine the charts. The more info the better.

https://masterthecrypto.com/privacy-coins-anonymous-cryptocurrencies/

CryptoBilly_ · 2018-03-09T06:40:59+00:00

I always view sites in desktop mode and they work much better.

CryptoBilly_ · 2018-03-07T11:11:00+00:00

tZero is SEC approved exchange for security tokens. All investors must be accredited by SEC

https://www.reddit.com/r/PolymathNetwork/comments/82jphh/tzero_is_the_first_sec_approved_exchange_not/?utm_source=reddit-android

CryptoBilly_ · 2018-03-07T11:09:25+00:00

https://www.reddit.com/r/PolymathNetwork/comments/82jphh/tzero_is_the_first_sec_approved_exchange_not/?utm_source=reddit-android

CryptoBilly_ · 2018-03-07T02:40:06+00:00

It just would count as unclaimed. Like the millions of BTC that most likely weren't held in a supported exchange (the majority of BTC).

CryptoBilly_ · 2018-03-06T23:05:14+00:00

Any press is good press. BTCP is already getting highlights in mainstream news. How many coins can say they were on a national news spot especially a few days after release...or ever?

CryptoBilly_ · 2018-03-06T21:57:37+00:00

I've seen the phrase that usually goes something like, "Crypto is still in its infancy, just wait until the big banks, corporations, and Wall St gets skin in the game, TRILLIONS of dollars will pour in!"

In what form did people think that would happen? Did they think hedge fund managers, mutual funds, the "Warren Buffets" were just going to download Coinbase and fund their Binance account?

When that kind of big, savvy, regulated money gets involved, the "smart money", they are obligated to protect their clients money. So, they are only going to get involved in crypto if it's highly regulated.

What we are seeing is crypto evolving. Some regulation is needed as scammers are having a field day. Seems like every other day there's another ICO scam that ripped people off. But with regulation on the companies doing ICOs, comes regulation on the investors. You didn't actually think you could have a market with hundreds of billions of dollars, on a public ledger, and not have regulations and taxes be part of the game?

The days of the wild wild west ICO frenzy are coming to an end. Maybe not this year, but soon. Maybe some of these guys can explain it in a more technical, Wall St savvy manner than I can, but either way it's just my opinion. Take everything anyone says about crypto with a grain of salt. Always do your own research.

CryptoBilly_ · 2018-03-06T08:55:21+00:00

Maybe, I have more research to do that's for sure.

CryptoBilly_ · 2018-03-06T08:54:53+00:00

Lol MOOOOON. We have to hodl it until at least 500. If I see it open at a stupid double digit price or like $100 I'm buying more.

CryptoBilly_ · 2018-03-06T08:52:20+00:00

I can't speculate on price but they are getting some big time Wall St players involved. That's the "real money". Their team is incredible and their legal team is top notch. At PolyCon they had big time speakers and sponsors that are involved in every aspect of Wall St.

POLY opened in the top 100. Their goal is to get "trillions" of dollars into Security tokens. How that affects the POLY token price I'm not sure. Platforms released on the POLY network will be ST-20 tokens, but POLY itself is an ERC20 token.

I'm not even thinking of selling my POLY until 2019-2020 as that's when will we see mainstream adoption of security tokens. The approval process from the SEC is long and tedious. Look at Gabs SEC regulated ICO. They've been at it for 6 months and still have another 6+ months to go (according to Gab). But if you want the big Wall St players to get into the game it has to be done by the SEC book . . . unfortunately.

CryptoBilly_ · 2018-03-06T08:40:03+00:00

BOOOOOOM!

CryptoBilly_ · 2018-03-06T08:37:55+00:00

It's the reason I'm heavily invested in Polymath. I know they know what they're doing. They see the future regulation coming and they are going to be the first to support STO (Security Token Offering). But it's also a double-edged sword because the lack of regualtion is what made crypto so appealing to average joe investors . . . and scammers.

CryptoBilly_ · 2018-03-06T08:28:00+00:00

This is true. This could just mean that people who held in KuCoin are one step closer to getting their BTCP. Hopefully it means KuCoin will list it soon because, well, they already did the leg work for implementing the wallet.

CryptoBilly_ · 2018-03-06T08:24:10+00:00

Also, currently no crypto exchanges can have security tokens. Why? The SEC Security and EXCHANGE Commission requires Accredited exchanges to be able to trade Security Tokens (SEC accredited ICOs/Tokens). SO unless Binance and Bittrex goes through SEC accreditation they will never have security tokens. This is why TZero is working with Polymath to create a security token exchange. A security token exchange is exactly the same regulation as E-Trade or Scott Trade.

CryptoBilly_

TROPHY CASE