Bitcoins in Argentina – Buy, Sell and Trade Bitcoins in ...

Exchange rate from Argentine peso to bitcoin, and then bitcoin to US dollar. Is it worth it?

Hi I'm a English teacher from the US living in Argentina. I don't have a local ID yet, so I can't sign up for a bank account or use the paypal equivalent here called Mercado Pago (Paypal only works in argentina for international transfers, not within the country like in the US). I only do online classes and some students are outside of my city.
My question is: if working as a tutor here, is it worth to have my students pay me in bitcoin (which I'm assuming they would have to buy if they don't have already), and then use that to transfer to dollars in my US bank account. Is this worth it or am I losing value in the process?
Edit: Transferwise doesn't work sending money between people in Argentina I can send money from a US bank account to someone in Argentina, but not the other way around. If you don't know the answer to the question I'm asking, please don't respond.
submitted by ThisSuckerIsNuclear to Bitcoin [link] [comments]

OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin Am... #bitcoin #altcoin #fintech exchange… https://t.co/v3tT3o4oud - Crypto Insider Info - Whales's

Posted at: November 15, 2018 at 08:22PM
By:
OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin Am... #bitcoin #altcoin #fintech exchange… https://t.co/v3tT3o4oud
Automate your Trading via Crypto Bot : https://ift.tt/2EU8PEX
Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

Bitcoin has broken its all-time high vs Argentine Peso, Turkish Lira and Brazilian Real.

Bitcoin has broken its all-time high vs Argentine Peso, Turkish Lira and Brazilian Real. submitted by onelovex3 to Bitcoin [link] [comments]

Bitcoin is trading at $8k in Argentina.

This website shows the live market price of Bitcoin globally. Currently, Argentina is trading BTC at $8100 at Buda.com (volume is $400k). followed by Nigeria and Venezuela.
http://www.bitcoinpricemap.com/

We are already witnessing banking the unbanked.
submitted by Leader92 to Bitcoin [link] [comments]

Why Bitcoin Has a Volatile Value?

Price fluctuations in the bitcoin spot rate on cryptocurrency exchanges are driven by many factors. Volatility is measured in traditional markets by the Volatility Index, also known as the CBOE Volatility Index (VIX). More recently, a volatility index for bitcoin has also become available. Known as the Bitcoin Volatility Index, it aims to track the volatility of the world's leading digital currency by market cap over various periods of time.
Bitcoin's value has been historically quite volatile. In a three-month span from October of 2017 to January of 2018, for instance, the volatility of the price of bitcoin reached to nearly 8%. This is more than twice the volatility of bitcoin in the 30-day period ending January 15, 2020. But why is bitcoin so volatile? Here are just a few of the many factors behind bitcoin's volatility.

Bad News Hurts Adoption Rate

News events that scare bitcoin users include geopolitical events and statements by governments that bitcoin is likely to be regulated. Bitcoin's early adopters included several bad actors, producing headline news stories that produced fear in investors.
Headline-making bitcoin news over the decade or so of the cryptocurrency's existence includes the bankruptcy of Mt. Gox in early 2014 and, more recently, that of the South Korean exchange Yapian Youbit. Other news stories which shocked investors include the high-profile use of bitcoin in drug transactions via Silk Road that ended with the FBI shutdown of the marketplace in October 2013.
All these incidents and the public panic that ensued drove the value of bitcoins versus fiat currencies down rapidly. However, bitcoin-friendly investors viewed those events as evidence that the market was maturing, driving the value of bitcoins versus the dollar markedly back up in the short period immediately following the news events.

Bitcoin's Perceived Value Sways

One reason why bitcoin may fluctuate against fiat currencies is the perceived store of value versus the fiat currency. Bitcoin has properties that make it similar to gold. It is governed by a design decision by the developers of the core technology to limit its production to a fixed quantity of 21 million BTC.
Since that differs markedly from fiat currency, which is dynamically managed by governments who want to maintain low inflation, high employment, and satisfactory growth through investment in capital resources, as economies built with fiat currencies show signs of strength or weakness, investors may allocate more or less of their assets into bitcoin.

Uncertainty of Future Bitcoin's Value

Bitcoin volatility is also driven in large part by varying perceptions of the intrinsic value of the cryptocurrency as a store of value and method of value transfer. A store of value is the function by which an asset can be useful in the future with some predictability. A store of value can be saved and exchanged for some good or service in the future.
A method of value transfer is any object or concept used to transmit property in the form of assets from one party to another. Bitcoin’s volatility at the present makes it a somewhat unclear store of value, but it promises nearly frictionless value transfer. As a result, we see that bitcoin's value can swing based on news events much as we observe with fiat currencies.

Large Currency Holder Risks

Bitcoin volatility is also to an extent driven by holders of large proportions of the total outstanding float of the currency. For bitcoin investors with current holdings above around $10M, it is not clear how they would liquidate a position that large into a fiat position without severely moving the market. Indeed, it may not be clear how they would liquidate a position of that size in a short period of time at all, as most cryptocurrency exchanges impose 24-hour withdrawal limits far below that threshold.
Bitcoin has not reached the mass market adoption rates that would be necessary to provide option value to large holders of the currency.

Security Breaches Cause Volatility

Bitcoin can also become volatile when the bitcoin community exposes security vulnerabilities in an effort to produce massive open source responses in the form of security fixes. This approach to security is paradoxically one that produces great outcomes, with many valuable open source software initiatives to its credit, including Linux. Bitcoin developers must reveal security concerns to the public in order to produce robust solutions.
It was a hack that drove the Yapian Youbit to bankruptcy, while many other cryptocurrencies have also made headlines for being hacked or having stashes of cryptocurrencies stolen. As an early example, in April 2014, the OpenSSL vulnerabilities attacked by the Heartbleed bug and reported by Google security's, Neel Mehta, drove Bitcoin prices down by 10% in a month.
Bitcoin and open source software development are built upon the same fundamental premise that a copy of the source code is available to users to examine. This concept makes it the responsibility of the community to voice concerns about the software design, just as it is the responsibility of the community to come to consensus about modifications to that underlying source code as well. Because of the open conversation and debate regarding the Bitcoin network, security breaches tend to be highly publicized.

High-Profile Losses Raise Fear

It is worth noting that the aforementioned thefts and the ensuing news about the losses had a double effect on volatility. They reduced the overall float of bitcoin, producing a potential lift on the value of the remaining bitcoin due to increased scarcity. However, overriding this lift was the negative effect of the news cycle that followed.
Notably, other bitcoin gateways looked to the massive failure at Mt. Gox as a positive for the long term prospects of bitcoin, further complicating the already complex story behind the currency’s volatility. As early adopting firms were eliminated from the market due to poor management and dysfunctional processes, later entrants learn from their errors and build stronger processes into their own operations, strengthening the infrastructure of the cryptocurrency overall.

High-Inflation Nations and Bitcoins

Bitcoin’s use case as a currency for developing countries that are currently experiencing high inflation is valuable when considering the volatility of bitcoin in these economies versus the volatility of bitcoin in USD. Bitcoin is much more volatile versus USD than the high-inflation Argentine peso versus the USD.
That being said, the near frictionless transfer of bitcoins across borders makes it a potentially highly attractive borrowing instrument for Argentineans, as the high inflation rate for peso-denominated loans potentially justifies taking on some intermediate currency volatility risk in a bitcoin-denominated loan funded outside Argentina.
Similarly, funders outside Argentina can earn a higher return under this scheme than they can by using other debt instruments, denominated in their home currency, potentially offsetting some of the risks of exposure to the high inflation Argentine market.

Tax Treatment Lifts Volatility

According to the Internal Revenue Service (IRS), bitcoin is actually considered an asset for tax purposes. This has had a mixed impact on bitcoin's volatility. On the upside, any statement recognizing the currency has a positive effect on the market valuation of the currency.
Conversely, the decision by the IRS to call it property had at least two negative effects. The first was the added complexity for users who want to use it as a form of payment. Under the new tax law, users would have to record the market value of the currency at the time of every transaction, no matter how small. This need for record keeping can understandably slow adoption as it seems to be too much trouble for what it is worth for many users.
Secondly, the decision to call the currency a form of property for tax purposes may be a signal to some market participants that the IRS is preparing to enforce stronger regulations later. Very strong regulation of the currency could cause the adoption rate of the currency to slow to the point where it is not able to achieve the mass adoption that is critical for its overall utility in society. Recent moves by the IRS are not clear as to their signaling motives and therefore have mixed signals to the market for bitcoin.
submitted by FormerSuggestion8 to Bitcoin [link] [comments]

⭐️ Rock Hostel & Brewery | Bitcoinwide

You might have missed this hostel accepting cryptocurrency in Buenos Aires, Argentina.
📎 Accepts coins: BTC
🌐 https://bitcoinwide.com/rock-hostel-brewery-00e109ae-f906-48ab-b719-1d51e03544b1
The Rock Hostel & Brewery is the only hostel in Argentina that brews its own beer. Guests can observe the process as the beer is brewed on our terrace! We also have a rehearsal room which offers an exchange with argentinian musicians that come every day to practice with their bands. The Hostel was built in a 19th century lodge set in the heart of one of the top cosmopolitan destinations in Argentina and South America. The building was constructed in 1890 and features a huge private rooftop terrace, wide rooms, tall ceilings and relaxed common areas. The space was newly renovated in 2012 to be the best and Rockingest hostel in the city. Our goal is to provide you with a unique and exciting homebase for your Argentine experience as you Rock Buenos Aires.
Subscribe to BitcoinWide Telegram channel: https://t.me/BitcoinWide
submitted by Music4YouTube to u/Music4YouTube [link] [comments]

OKEx Now Features Latin American Fiat Gateway with Latamex

OKEx, a major global cryptocurrency exchange, is embracing the Latin American crypto market by launching a fiat gateway for three local currencies. According to a July 3 announcement, OKEx users can now buy Bitcoin (BTC) and Ether (ETH) in exchange for the Argentine peso (ARS), the Brazilian real (BRL), and the Mexican peso (MXN) via […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

Large-scale updates of Tkeycoin. What’s next? — listing on the crypto exchange. Are you with us?

Large-scale updates of Tkeycoin. What’s next? — listing on the crypto exchange. Are you with us?

https://preview.redd.it/ojtx6mauve151.png?width=700&format=png&auto=webp&s=8dd727076d495d4b624a307775e64ae83ce31c76
Hello, everyone, It’s been a long time since you heard our team, someone thought we were gone, someone was waiting, and someone disappeared himself.
All this time we have worked hard to bring you good news. We will tell you what we have prepared for you, what events will be soon, what you can use right now and what else will be new in the year. And so, let’s go!

Preparing for listing on the exchange

The pandemic period played into the hands of the entire team and we managed to build beauty in our services. In anticipation of the exchange, the team tidied up the sites and services and connected new tools. First of all, we paid attention to the preparation of all services for a foreign audience, taking into account its mentality.
New sections, localizations, nice things, and much more to ensure the most efficient use of the TKEY resource. In addition to the new tabs, the services that we will talk about in this material, there is a special page for representatives of the exchange with the necessary documentation for listing — https://tkeycoin.com/en/documentation/.

https://preview.redd.it/63a1cmdwve151.png?width=700&format=png&auto=webp&s=0a064bff4acd1c1e3171f2c72ff79533b87aa3e1

Full localization

Already today the official website tkeycoin.com available in 5 languages: Russian, English, Korean, Chinese (Simplified), Chinese (Traditional).

https://preview.redd.it/xbiodqixve151.png?width=700&format=png&auto=webp&s=dd81e99cb792d62a3ebb397d2181a2f1d0de5ac8
We made adjustments to the Russian and English versions of the site, including support for Korean and Chinese for each section of the site. Professionals in their field, native speakers translated and adapted the information as it should be, and we, in turn, structured and framed it properly. So welcome!

https://preview.redd.it/hcnhws2zve151.png?width=700&format=png&auto=webp&s=30b53c5c4f3c192c39518f66941dcfdfc5b420f5
We will update language support for the site, and soon it will include support for all languages that are available in the mobile app.

QR Codes for Asian Audience


https://preview.redd.it/bv08bzm0we151.png?width=496&format=png&auto=webp&s=338ba001c3a5d6999347165e7bd725b5be7f4913
Our friends and residents of Asian countries actively use QR codes in their lives, both when paying in stores and when working with websites. QR codes are used almost everywhere when renting a car or bike, we just open the phone, scan and the mode of transport becomes available for use, anything is available for rent, even a battery, even an umbrella.
“It was a hot May day. Seven-year-old Wang Jiaozui came out of school and saw his grandfather, who came to pick him up. He was standing in the sun, and his shirt was soaked with sweat. Jiaozui invited the grandfather to buy a cold Cola in the shop, but he forgot her purse at home. It turned out that this is not important — the boy took his grandfather’s smartphone and called the payment app with a QR code on the screen.” ©
What to say if QR codes are used even to identify entire farms. By pasting QR codes on farm buildings and then scanning them, government inspectors can quickly figure out who owns the building and whether its owners are violating any laws.

https://preview.redd.it/jsw2tza2we151.png?width=700&format=png&auto=webp&s=38cbb849b6c2a2aecd8b42c7d786a397d901b2cf
We must be on the trend! Now a special library generates QR codes for the desired page, any tab on the site tkeycoin.com in Chinese and Korean-accompanied by a QR code that leads to the requested page: fast, convenient, and simple.
https://preview.redd.it/73rscop3we151.png?width=700&format=png&auto=webp&s=c83229e56d612450370b43b06910225701454c60
Providing this opportunity to our colleagues and future users of Tkeycoin from Asia is a friendly approach and most importantly, a strategic step on our part. After implementing QR codes, we are undoubtedly drawn into the convenience of this function, which we recommend to You:) If you like it, we will make QR codes on the Russian and English versions of the site.

Buying and withdrawing cryptocurrency to a Bankcard


https://preview.redd.it/9i8ykpv5we151.png?width=700&format=png&auto=webp&s=3a31d0a463de5e08f94a5b27a472fb8b53ab044e
On the site, you can now buy Bitcoin for pound, dollars, euro, and any other currency. This is a powerful automated service for instant exchange of fiat currencies for cryptocurrencies. The system works around the clock and seven days a week, allowing everyone to conduct exchanges at any time of the day and in the shortest possible time.
Withdrawal to a Bank card will be available until the end of the month, we finish the details, the page is available now, and the withdrawal itself will be activated during this week. You can buy Bitcoin, Ethereum, or any other currency right now.

https://preview.redd.it/o8z0c4b7we151.png?width=700&format=png&auto=webp&s=b4d684f09acd914316c986482b8dadf88718c618
These features are the future for the function of purchasing any product or service for TKEY at any point of sale, which will form the basis of the mobile app, quickly, conveniently, and most importantly, observing the letter of the law.
All we do is build an Empire that is being built before your eyes. Every service and product is connected, so any update promises the appearance of even more cool and effective features than before.

Buying cryptocurrency for pound, dollars, euros, and other currencies

At the end of February, we told you that we are working on building a payment service that will include the provision of services: buy cryptocurrencies, sell a cryptocurrency, withdraw cryptocurrency to Bank cards, etc.
This day has come, now you can buy Bitcoin (BTC), Ethereum (ETH), Tether USDT, Basic Attention Token (BAT), Algorand (ALGO), Tron (TRX), OKB (Token Okex.com).

https://preview.redd.it/1pm2cnv8we151.png?width=700&format=png&auto=webp&s=69473d2e5ed1b8dc75189362b46906752be29895
The purchase is available in any currency: Russian ruble, US Dollar, Euro, British pound, Ukrainian hryvnia, Indonesian rupiah, South Korean won, Japanese yen, Turkish Lira, Argentine peso.
As you can see, the currency corridors are quite extensive, which allows you to make exchanges fast and at a favorable rate. Just choose the right pair to exchange or buy, available fiat currencies: RUB, USD, EUR, GBP, UAH, IDR, KRW, JPY, TRY, ARS, available cryptocurrencies: BTC, ETH, BAT, USDT, ALGO, TRX, OKB.
Even if this wide list does not include the currency you want to buy, such as Bitcoin or USDT, it’s okay — the service will automatically convert your currency into the payment currency and the Bank will make the exchange. Exchanges take place within 1–3 minutes, it is enough to pass quick verification once, which allows you to work with a volume of > 15,000 euros per month.

https://preview.redd.it/0ln5uttawe151.png?width=700&format=png&auto=webp&s=35de9e413db35bb53f39332aa4197cd54a3e211c

Exchange of cryptocurrencies for pound, dollars, euros, and withdrawal of Bankcard

In addition to the fact that you can now easily buy a cryptocurrency for fiat currencies, pound, dollars or any other, during this week we will finish work on the withdrawal to a Bank card and you can easily withdraw your profit to the card, the most important thing is that this is a completely legal method, and all operations pass through banks and jurisdictions where work with digital assets is legalized.
This means that when you buy or make a withdrawal to the card, you get legal funds that are credited to you by the Bank or payment system.
If you are used to working with effective tools that work in a new way, or rather correctly and legally, then this service is for you. Fast crediting, easy exchange, a large selection of currency pairs, that’s what the company is betting on.
We work with the most reliable third-party partners to make your cryptocurrency process easy and convenient, and most importantly safe for You. The service supports plastic and virtual Bank cards VISA, MasterCard, MIR, and other payment systems for fast payment processing.

https://preview.redd.it/x1jnm1ccwe151.png?width=700&format=png&auto=webp&s=f86fc353ad5f207db8d233821204b521ba0b3d0e
On the exchange page, you can choose any currency pair to exchange in the opposite direction, for example, GBP to BTC or USD to BTC. Choose a suitable pair for exchange, available fiat currencies: RUB, USD, EUR, GBP, UAH, IDR, KRW, JPY, TRY, ARS, available cryptocurrencies for exchange: BTC, ETH, BAT, USDT, ALGO, TRX, OKB.
How it works
When buying cryptocurrency for the first time, your Bank reserves (holds) the requested amount, then this amount is transferred to the authorization waiting state. As soon as the Bank freezes the fiat funds, the service fixes the exchange rate at the time of creating the application, reserves the cryptocurrency, and provides you with 30–40 minutes to complete verification. After successful verification, the service charges cryptocurrency to the wallet.

Quick verification

Verification takes 2–3 minutes and requires only one time to perform operations every day. The “Know Your Customer” (KYC) procedure is necessary to exchange cryptocurrencies for fiat currencies.

https://preview.redd.it/3y0pmzrdwe151.png?width=597&format=png&auto=webp&s=01a92651b67f2df70f83082cfcd3d1fdee5491b4
As you understand, you need to pass verification 1 time, regardless of whether you withdraw funds or buy currency, after passing verification, all services are available to You without any further confirmation.

New currency

Support for other currencies, including TKEY, will be added gradually and highlighted through service updates. As for the TKEY exchange, it will become available in exchange services after listing on the exchange. Listing on an exchange allows you to automate the exchange process, link the necessary services, and most importantly, the exchange provides liquidity, which is key when we talk about exchanging for a particular currency.
We will tell you more about the operation of the service and its advantages, chips, in a separate material dedicated to the withdrawal and purchase of cryptocurrencies for fiat currencies, as well as touch on various banking issues and tell you how you can combine the SWAP service for more efficient exchange and withdrawal to the card.

Charitable activity

By making an exchange or purchase of cryptocurrency, you help children and people who need our help. We deduct 0.1% of the profit from each transaction to charity funds.
This is the fastest and most comfortable way of charity, which allows you to bring together people who are not indifferent to other people’s problems. TKEY enables people to do good deeds, and the resulting turnover profit of 0.1% is sent to charity funds every month. Together with You, we create new opportunities for people in need who need help — “Big things have small beginnings”.
How does it work?
You have made an exchange or purchase operation, the company has accumulated the volume of these operations for a month->the company has chosen a charity Fund->sent funds to the charity Fund’s account. Priority charity funds are children’s aid funds. You can always suggest a candidate for a particular Fund by sending a message to [[email protected]](mailto:[email protected]).
Why do we write Funds and not a Fund?
This is the first launch of the service, so depending on the monthly volume, we will focus on distributing funds to one charity or several. For example, if we have accumulated $ 10,000, we can distribute $ 5,000 to 2 funds. if we have accumulated $ 100, it is logical that we will only send this amount to 1 Fund. With the development of the service, we will be able to focus on several funds, which we will actively help due to the received volume.

New sections, improvements for existing services

Menu logic and site structure

The menu logic has been revised. now more items are available on the menu and they are divided into sections. Navigation through the sections has become much easier and more convenient. for some sections, QR codes are available for Russian and English-speaking audiences, and for representatives of Asian countries, all sections are available by QR code.

https://preview.redd.it/d9ntj1hfwe151.png?width=700&format=png&auto=webp&s=6c068daa450e5f824829a9457bc1bc183615f466

TKEYSPACE Promo Page

New blocks were added, the entire page was fully localized and is available in Chinese, Korean, English and Russian, and QR codes were added for easy navigation for the Asian audience.

Documentation for the exchange

We have already mentioned that there is a section for exchanges with the necessary documentation for listing, now it is available in English. In the next updates, it will be translated into Russian, Chinese (Traditional and Simplified), and Korean.

Market Data (Coin Data)

The market data section has been optimized for mobile apps. Charts are expanded and optimized page borders for most mobile devices, and you can search for cryptocurrencies and tokens that interest you.

https://preview.redd.it/fkuhl0vgwe151.png?width=700&format=png&auto=webp&s=67450a04bdba376da59aee1d0e5a0964c896475e

FAQ

Added answers to frequently asked questions in various sections of the site, You can find the information directly on the section page, for example, TKEY-QT, SWAP or Core. Right on the page there is a FAQ section, in which we disclose answers to questions, for example: How are You going to solve the scalability problem, or why did you choose Phoenix as the logo and symbol of the project, or how do you exchange cryptocurrency for pound or dollars? As you can see, you can get answers to different questions, depending on the topic of the site section.

https://preview.redd.it/8utkvv6iwe151.png?width=700&format=png&auto=webp&s=d493ec784d74c5982486e36fe3b4bcbcb6d57335

Footer

For convenience, the site’s footer has been expanded and new sections (quick tabs) are included, which are also available in the QR-code format. In addition to various details, the footer is now accompanied by the company’s coat of arms — the Phoenix, which is the symbol of the entire community, the Phoenix Alliance.

https://preview.redd.it/xija83vjwe151.png?width=700&format=png&auto=webp&s=dd7ce476b53ebe2a891d32231725650bac7ba181

Page 404

Added page 404, which is also an integral part of the site. now when you go to a non-existent site page, all the necessary menu items are fully available to us, which will quickly Orient You and direct you to the desired section.

https://preview.redd.it/i8f7qi9lwe151.png?width=700&format=png&auto=webp&s=02449b35c631bcb0667336edb4f912cbcf1dfb58

What is waiting for us in the nearest future?

In addition to various improvements, connecting services, our team has been working every day on other main areas of the Tkeycoin project, which are already being prepared for the next release and we will tell you what updates, what plans, events, and what else will be interesting this year.

Online conference with management

An online conference in question-answer format will be organized. The main task of the conference, in addition to questions and answers, is to discuss plans, talk about new directions, touch on issues of legislation, and analyze current issues of users.
The online meeting format will allow you to get feedback and discuss a large number of issues in a short time. Questions related to technical support and other questions that can be answered through the administration will not be discussed.
The meeting involves the development, constructive, and suggestions from users for further development of the Tkeycoin project. If you are interested in participating in the conference, you can also make business proposals during it, please use the time to your advantage. We work for you.

New content: reports, new categories, useful information

Based on user feedback, we introduce new categories to our content plan:
Reports This section will be accompanied by information about the work done by the team for the month, the format of submission — abstracts, highlights. This format will help establish feedback between users and developers.
Question-answer
In addition to the content that we produce ourselves, users have questions that arise during the process of working with the project’s services, as well as during interaction with the project itself. To avoid making guesses and making up stories, we have introduced the question-answer category.
Users ask questions in comments, and the company prepares answers based on the questions and they are published in the post. Depending on the number of questions, the post generates all the answers, or the post is divided into parts if the number of questions for the past period was the largest. In addition to asking questions, you can make suggestions to the project, for example, about new features or directions.
This format also builds feedback and helps to improve all services. the most important thing is that it can not only help us but also you, as the offer and questions will help you focus on the tasks that the end-user wants to see.

TKEY-POOL (Tkeycoin pool)

We are completing the work and debugging of the official pool for Tkeycoin, this is a completely new approach for mining Tkeycoin. The pool will feature higher performance and stable architecture, a light interface, and objective commissions.
A pool is a highly loaded system that works 24/7/365, it turns out that such a product hides a sufficient number of lines of code and, most importantly, is built on a reliable architecture that can withstand +50000–100000 miners, not to mention the number of connected devices for this number of miners.
A cryptocurrency pool is a combination of the hardware power of many miners at once to increase the probability of finding a block. The reward for a block obtained by the pool is distributed among all participants.
The TKEY pool is developed taking into account the features of the Tkeycoin blockchain, including multi-blockchain, transaction model, hashing, blocks, and other nuances that are an upgrade of the blockchain among others. Together with the pool, the TKEY network is being tested: high loads, attacks, and other tests that show positive results, proving that the TKEY blockchain can work under any loads and is protected from attacks.
Our task was to: 1. Stable system for handling high loads; 2. Adaptation pool for any software; 3. Connecting any hardware for mining cryptocurrency Tkeycoin; 4. Fair remuneration calculation; 5. Security.
The main goal is for any user, regardless of the software and hardware used, to be able to connect to Tkeycoin mining via a pool. The first releases will be accompanied by a simple user-friendly interface, easy connection, instructions for various mining programs that can be connected.
In future releases, we will optimize the operation of the pool, add new features, as well as tracking functions and other nice things. any suggestions from miners and the community are interesting to us and will be implemented, so do not hesitate to send your suggestions after the launch.

TKEYSPACE updates


https://preview.redd.it/fjy2dkanwe151.png?width=700&format=png&auto=webp&s=99dedd6aa59ae7eb4d585d2ef1ddae4cc6dd50f9
Work on the TkeySpace mobile app is also not standing still. We will soon release updates for TkeySpace on Android and iOS.
This release is a complete transition to the most stable version of the mobile wallet. This means that after the update, even with the largest changes, the user will not need to completely reinstall or restore to use the new features, as before, just update the app via the AppStore or GooglePlay.
Between the previous update has been a sufficient amount of time, on average, updates are released once a month. This update will be one of the major ones. We are finishing work on the code to prepare the app for the new features that will be available this year. Besides, we are improving the app’s logic, data processing speed, optimizing the code, restoring order, and preparing for the global market.

Exchange, purchase of cryptocurrency and withdrawal to the Debit/Credit Card


https://preview.redd.it/1maxjrqowe151.png?width=700&format=png&auto=webp&s=cefd5bf1ec823049eeb25640c470024a41c0430c
In addition to pleasant optimizations, the app will display the exchange and withdrawal to a Bankcard, tab with an optimized page for exchange, withdrawal, and the purchase will be available directly in the mobile app. This upgrade will also capture the cryptocurrency exchange SWAP page, which can be evaluated after the update. Other features and new features will be announced by the developers immediately after the release.

SWAP Update

The development team is finishing work on optimizing the SWAP service. Regardless of updates, it is available in working mode 24/7/365. The team is working on improving the operation, optimizing the page, changing the interfaces, improving navigation, and speeding up query processing. This update is also among the upcoming ones, along with the pool, mobile wallets, and other news that will excite.

Network Statistics

In the network statistics section, there are several sections that will be fixed — this is the hash rate of the network and the volume of Tkeycoin. Now the volume of Tkeycoin is displayed by mTKEY, and the graph itself indicates M TKEY, the user may incorrectly understand the volume of transactions in the network, so, given the current volume, it is advisable to switch the display to TKEY, and in the future switch to mTKEY for large volumes.
TKEY is divided into cryptograms (CryptoGramm, cgr), uTKEY (keys), and mTKEY. 1 TKEY = 100 000 000 cryptograms. 1 mTKEY = 100,000 cryptograms. 1 TKEY contains 1000 mTKEY. 1 mTKEY = 0.00100000 TKEY 1 uTKEY =100 cryptograms 1 TKEY contains 1,000,000 utkeys. 1 uTKEY (keys) = 0.00000100 TKEY 1 cgr = 0.00000001 TKEY

Cryptocurrency Exchange

This issue has become the cause of mass discussions, disputes, investigations, the subject of memes, kitchen, and online conversations, that just did not happen, that TKEY is not taken anywhere, someone made guesses that we are waiting for everyone to run away, or TKEY is a world conspiracy and around some actors, you can write a book or shoot a great series, not worse than Breaking Bad.
Jokes, jokes, but the question is serious. Since the 4th quarter of last year, the company has been actively working on the issue of listing, prepared the necessary platform for this, held several meetings, negotiations, released the necessary products, figured out various transfers of funds to the blockchain, worked out many small things, many major issues that were behind the scenes. Everything is ready, and it’s time to start soon. This will be a surprise, believe it or not, and we will meet you on the stock exchanges :)

What other plans does the company have?

Enabling payment at retail outlets

After entering the exchange, we will actively engage in connecting payments to implement them and link them to TKEY. The plan, strategy, and legal component are ready.

Payment development

This implies the development of payments and services that will expand the use of digital currencies in the commercial sphere. Application on the territory of Russia will depend on the Federal law on the CFA, in any case, we plan to analyze the law, after its release, to find a legal way to implement payments based on blockchain and digital assets. Therefore, until the law is released, we are keeping this initiative in the future, and we will work on other jurisdictions that will support it.
We left some plans behind the scenes, because they will make the greatest impact on the market and the value of our asset, and this — likes silence.

What useful materials will be released soon?

How to effectively use the SWAP service together with the exchange and purchase of cryptocurrency from a Bank card?

We will tell you in detail how to use these 2 services, how to save on payments and purchases, how to exchange tokens that are very difficult to exchange, how to quickly get money for them to the card, and much more.

The law CFA

Our opinion about the law of cryptocurrencies in Russia, what to pay attention to, what to prepare for, how to act if there is a complete ban. Let’s talk about legal nuances and banking practices.

TKEY blockchain

In this material, we will talk about the blockchain, analyze the issues of the system, expand the questions on attacks, payment processing, and touch on the system of multiple chains. The article suggests your suggestions, perhaps someone will have ideas that we will implement in the chain.
At the end,
Don’t forget to ask questions in the comments or send suggestions to [[email protected]](mailto:[email protected]) we will be happy to respond and consider your requests for any of our services. Collaboration, feedback, help us make the whole platform better.
Thank you for being with us! Until new meetings, stay tuned for news, updates, because the most unexpected news comes spontaneously.
submitted by tkeycoin to Tkeycoin_Official [link] [comments]

r/Bitcoin recap - June 2019

Hi Bitcoiners!
I’m back with the 30th monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in May 2019
Adoption
Development
Security
Mining
Business
Research
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

Bitcoin has a 38% premium in Argentina,local bitcoin trading volume is also increasing

Bitcoin has a 38% premium in Argentina,local bitcoin trading volume is also increasing
According to data from Argentina's local cryptocurrency exchange Ripio,bitcoin has a high premium margin in Argentina.As of the time of writing,CMC shows bitcoin price of $9,238; But at the same time in Argentina,Ripio shows that bitcoin buy and sell prices are 724,135.79 pesos (about $12,160) and 634,025.65 pesos (about $10,647).
According to the bitcoin price Ripii showed today ($759,867.43 peso, $12,759),calculated for the bitcoin price displayed on the CMC ($ 9,238),bitcoin prices in Argentina are 38% higher.In addition to the price premium,Argentina’s local bitcoin trading volume is also increasing:According to Coin Dance's data can see that the trading volume continues to rise,recently it has broken through 15 million Argentine pesos.
www.zeusbtc.com
submitted by Moustache_Group to Bitcoin [link] [comments]

Pseudo-bank [Revolut] has frozen my last salary deposit. Possible actions?

First off, I want to acknowledge that my situation is, to say the least, "convoluted". Also, by "pseudo" I'm not saying that in a derogatory way. Revolut is not a bank.
I am:
A German national.
Living in South America (I move - used to - a lot, but have staid here for a while because family)
Working for a UK based company (Been working with them 12 years).
My current banking solution is, as stated, UK based.

Almost 2 years ago I opened an account with Revolut and have been useing it since. I also have an account in a Spanish bank, but switched it to Revolut because it's been a pain to keep it open (I still do, but it's currently frozen and will probably get closed due lack of use).
Early this morning I received my salary deposit, and it said something to the tune of "This deposit is under review" and when I open the app it shows as pending.
Besides my salary, I receive a monthly transfer from my Paypal account that originates in Airbnb, but is a fraction of what my salary is (Say, around 1/6 of my income is Airbnb). I also have topped the account a few times with my Spanish and Argentine credit cards.
Finaly, due to the characteristics of the country in which I'm currently living, for the past 2 months I've been transfering almost all my salary to a bank account that belongs to Binance, a crypto exchange (As the best way to enter the money in this country right now is bitcoins). Before Binance I'd use Localbitcoins, but stopped using it because my account was locked once when doing a transfer (It was unlocked almost immediatelly after I contacted support, explained what was that transfer about and provided proof of the operations). Ever since I opened the Revolut account I've been doing this (I did it before, as well, with my Spanish bank account). I don0't keep any of the bitcoin I buy, I convert them to local money immediately.

Now, his is a company out of which it's very difficult to get some response from, and would like to know what are my option here, if any.

I couldn't get any information from the chat person about why the account is frozen. I provided them with my last 3 invoices to the company I work for. I have my work email registered in the app, and if you google my name with the company name there are only a few matches for it, being the first my LinkedIn profile (I suggested the support person to do that).

There are a few questions I'dlike to know th answer of:
What information can I request from them regarding the blocking? Are they supposed to give me any, are there any regulations regarding this?
For how long can they have the deposit frozen?
Can I ask them to transfer the money elsewhere, or to reject it so the money gets back to my company? (In which case I'll see how to move from there)

As this is my salary, is there any fast way in which I can ask them to resolve this issue?
https://blog.revolut.com/why-has-my-account-been-locked-and-how-to-regain-access/
They have provided me with that page; Basically they say that they are complying with FCA regulations, and also that the locking is automatic. Is there any regulation from the FCA that could help me unlock my account?
The only way they provide support is via the chat feature of the app; aren't they mandated to provide other means of support?
Also, as this is the UK, if thighs go south can I use the GDPR to get from them whatevere info they have regarding what was it that fired their automated systems?

Thanks for the replies, and apologies upfront if this isn't the correct subreddit to ask about this.
submitted by etylback to LegalAdviceUK [link] [comments]

Argentina restricts online shopping as foreign reserves drop

submitted by DoremusJessup to Economics [link] [comments]

Bitwage Announces International Payroll for the Individual

We announced at the Miami Bitcoin Conference on Sunday, January 18th, the launch of third and latest product, International Payroll for the Individual. International Payroll for the Individual allows employees to receive wages internationally in local currency, from any US employer without requiring the employer to sign up. It makes this possible without requiring the individual to possess a bank account, without requiring the employer to willfully participate.
With the initial iteration of this launch comes the first transparent fiat to fiat solution to provide international payrolls and payments from the US to the Philippines by leveraging the bitcoin protocol. We have integrated with our partner exchanges in the Philippines (Coins.ph) to offer the lowest prices while providing the highest number of payout options, including Bank transfers, Cash Cards, Cash Pickup, Mobile Money, Door-to-Door delivery and, of course, Bitcoin.
To learn more about the product and how we are helping to develop a globalized workforce, read the full press release on our blog.
submitted by bitwage to Bitcoin [link] [comments]

Cryptocurrencies and the circle of competence

A quick note to investors that believe the intrinsic value of bitcoin is 0 because they can't do a DCF on it: this isn't the place to argue with me about it. I suggest you read a bit more about what it actually is (hint: not a currency). I've defended its value in plenty of other posts on this sub. It's a $40+ billion market, so at least a few people agree with me. I welcome you to short the crypto of your choice if you think it's worth nothing. This is a post for folks that believe that cryptocurrencies have at least some discernible value and are considering investing in them.
If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter. – Warren Buffett
Given the tripling of the cryptocurrency market cap in the last few months and the 3- to 10-fold increases in virtually every major altcoin, cryptocurrencies like Ethereum and of course Bitcoin have been getting a stunning amount of attention in the press and on this subreddit recently.
If you follow the cryptocurrency world closely, you know that there have been a huge amount of dubious ICOs (initial coin offerings) on the market recently. It's an explosive time in crypto.
It's also a frustrating time for many long term bitcoiners and crypto fans, because we're faced with a barrage of questions from outsiders who see the returns and want to buy in to the "next big thing" and make a quick buck. This is a warning to those people.
Everyone is a genius is a rising market. It's hard to go wrong these days in crypto. Even coins of dubious merit like Ripple, Dogecoin, Stellar, NEM were pumped 5 times without any fundamental change. Speculators/investors have thrown money at crypto indiscriminately and efficient markets have 100% broken down. The altcoin pump right now is roughly comparable to the Dot Com crisis of the early 2000s.
  1. New tech promises to change the world
  2. Investors jump in on hype and promises
  3. A surge of IPOs (ICOs) occurs to capitalize on this
  4. "Greater fool" traders pile in, thinking they can make money even if the underlying is unsound
  5. Analysts claim "this time is different" while seasoned old hands refuse to participate
  6. Tech is proven not to be as developed as everyone thinks, market tanks
  7. Select few decent companies survive, all the trash is destroyed
  8. Tech eventually fulfills expectations, 10 years later, but none of the investors from the early days make money on it
However, canny (and skeptical) investors can still make money on crypto, as cryptocurrencies are inevitable, and will continue to expand and proliferate, even when the altcoin crash comes.
Something to realize first of all is that the crypto market is heterogeneous. It has straightforward cryptocurrencies (bitcoin, litecoin, dash, monero), smart-contract cryptos (ethereum, ethereum classic) and a whole bunch of crypto tokens that follow dedicated platforms (golem, augur, steem). Not mentioned are ripple and stellar because they aren't really cryptocurrencies at all.
The investing theses for all of these categories is radically different. The measure of success for a currency or store of value is adoption, merchant use, low volatility, a large network, and real world acceptance as something worth owning. Bitcoin has this right now, which is why it's more than 50% of the ecosystem, and none of its competitors are even close. Monero, Zcash, and Dash are a special case in that they try and make transactions anonymous and privacy, allowing for use cases on the darknet markets, for instance.
The tech underlying bitcoin is essentially sound, although it is having a scalability crisis, which you should read about. It can't right now serve as a currency which will buy you a cup of coffee - the transaction fees are too high. However if you want to send $200,000 from Mexico to Indonesia or China to the Philippines, you can do it within 20 minutes, and with fees of a few dollars. And if you want to store your wealth in a vault that is totally secure, and cannot be debased by a central bank, bitcoin is a good bet. This is highly relevant to folks in India that just had cash abolished, to Venezuelans, to Argentines, to Cypriots, to Nigerians, anywhere local currencies are weak and volatile. The potential value of a competing cryptocurrency lies in whether it can improve materially on bitcoin, whether it means incorporating off-chain scaling (segwit with litecoin), making it more private and fungible (monero), automating governance (decred), and so on.
Then there are cryptoassets that incorporate smart contracts. These – ethereum and its derivatives – exploded when the SEC denied the Bitcoin ETF back in march and bitcoiners got worried and started diversifying. This is the market segment that is highly risky, even by crypto standards, in my opinion. Ethereum is a protocol that allows contracts to self-enforce. Programming power to run the contracts is paid for with ethereum. Two parties agree to a contract, and it then self-executes. It's secured by a decentralized computing network of ethereum miners, so the contracts cannot be shut down by a government or corporation. It's pretty clever. Last year, a $150+ million contract was drawn up with ethereum, which would act like a venture capital fund, picking good investments just based on the votes of the token holders. This was called a Decentralized Autonomous Organization, and it was hacked before it could do anything. Well, it was exploited based on the code and so the exploit was totally "fair" given that the contract was meant to be inevitable, once agreed to. However, the creators of Ethereum didn't like the idea of losing $50 million, so they decided to collectively agree to amend the rules of the protocol itself (violating "Code is Law"), and jump onto a new one, which they would also call Ethereum, although it was really Ethereum 2.0. Some people got upset by this, because they thought that immutability and not arbitrarily rolling back the code was more important than some investors losing money because of poorly written code. They created Ethereum Classic, which is the original Ethereum chain. This wasn't what the Ethereum 2.0 folks thought would happen, but it did happen, so there are two competing Ethereum chains now.
Eventually, lots of decentralized apps were funded, via tokensales. A development team would say: "we're going to use ethereum to create a decentralized cloud computing/AI/prediction/gambling/timestamping/social media network." And then investors would buy the tokens, expecting that eventually the dev team would deliver, and the tokens would be in demand, since they would be required to use the network. It's a bit like buying in-game-currency when the game is announced, anticipating that the game would be wildly popular and you'd be able to sell it on later at a profit or acquire it cheaply to buy in-game items later on. However, many of us think that the promises are a bit extravagant, and that investors in these ICOs are probably going to lose money. The incentives aren't well aligned. Founders can just not deliver and run off with the money, and there's no regulatory body to enforce that. And for Ethereum more broadly, many people are worried that the turing-completeness of the language will mean it will face serious threats and unforeseeable hacks, like with the DAO. Finally, Ethereum has increased from around $20 to $90 in a matter of months, which raises the question of whether a) the market realized its true value or b) it was pumped on speculation. There's a huge set of unknowns with a smart contract currency, and virtually none of the promised dapps are up and running right now, and the ones that are haven't really attracted large userbases or delivered. This is because the tech is in its infancy, and the developers are still learning how to use it properly. So we won't know if these sorts of decentralized networks are even possible to create on the timelines that investors are expecting. Therefore, ethereum investors buying it on the promise of the realization of this tech in the near future are almost guaranteed to be disappointed. Additionally, ethereum is making the switch to the largely untested Proof of Stake algorithm, which will change incentives that secure the network. This brings me to my key point:
Stay within your circle of competence. You can grow your circle – slowly. Cryptoassets are almost impossibly complex to grasp with just a cursory look. Investing in them requires weeks of reading and a very skeptical view.
The above was an introduction to cryptocurrencies, the different ones on offer, and why investing in ethereum is not the slam dunk everyone thinks it is. This portion of the post will tell you about the kind of due diligence you need to do if you want to invest, rather than speculate, in crypto.
The first thing to mention is that passive investing in crypto has historically been a terrible strategy. Just buying bitcoin almost always outperformed. This was due to the poor set of altcoins, and the size of bitcoin's almost insurmountable network effect. This sort of changed in March and April when bitcoin's dominance went from 80% to ~50%, and it remains to be seen if this will persist or not. But the point is, buying the index is usually an awful strategy in crypto, particularly because there are so many truly awful projects out there.
So what does it take to invest responsibly in cryptocurrencies? It requires at least a basic understanding of three disciplines: public-private key cryptography; programming, and how open-source projects function; and economics, particularly game theory and the quantity theory of money. This is why is is so difficult to apprehend easily: because very few people actually boast a sincere understanding of these three topics. I certainly don't.
You need to be able to determine whether the tech is actually going anywhere, and whether the task the developers have set themselves is possible or realistic. You need to know how open source networks are governed, and which models strike the best balance between efficiency of decision-making and fair consensus. You need to be able to measure the inflation schedule of the cryptocurrency, and see whether your coins are going to inflated away. You need to be able to make plausible guesses about the potential market for the crypto and estimate future values. Note that the payoff structure is not equity-like. It's more like early stage venture capital, or buying loss-making biotech companies. Here's my checklist of questions to answer, ordered by importance:
  • Does the project offer a significant improvement over its nearest competitor, or a reasonable chance of success in its stated aim? Is there a demand for this project? Does it have a concise and reasonable goal? (Narrower goal: higher likelihood of success).
  • Is the development team competent? Are they committed to the coin? What's their track record? Is is an active dev team? Do they have a roadmap for the future? Are they transparent about goals?
  • How is the development team funded? Is the currency corporate-backed? Is the funding transparent? Was the coin significantly premined? (Usually bad) Are developers paid via iterative community project crowdfunding? (Usually good).
  • What is the governance structure of the currency? Who holds ultimate control over decisionmaking? How are decisions made? Are they transparent? Are mining/developer incentives aligned?
  • Does the asset have acceptance and use today? Does it have a functioning use case? If it doesn't, does it have a decent chance of being accepted?
  • Has the asset's "market cap" tripled or quintupled in the last few months? Was this based on any fundamental changes (new software releases, etc) or just speculation?
  • What are the transaction volumes like? (Hint: divide market cap by monthly averaged daily on-chain tx volume to find a consistent ratio) What's the ratio of on-chain transaction versus exchange speculation? Has price gone up independent of transaction volumes?
  • How long has the asset been around? Think of the Lindy effect. Older is usually better.
  • What's the community like? Is there censorship? Does it have an active subreddit? Do the developers answer questions? Are they accessible? How big is the github community? (Hint: you can divide market cap by github commits to find a comparable ratio).
  • Are you psychologically able to hold this coin in a 90% downturn? Is this a high conviction thesis or are you betting on being able to sell it to a greater fool?
How long did it take you to learn about investing in equities? Reading balance sheets, running DCF and DRI models, figuring out how to value a stock based on comparables? Years? How many mistakes did you make before you figured out how to be responsible?
Cryptos are an asset class that is both radically different from anything that has existed before. They are also incredibly heterogeneous, as I argued above. It also leads to cultism – so bitcoiners generally take a dim view of ethereum, and vice versa. Monero fans generally don't like dash, and so on. You have to keep your mind open to understand new opportunities as they arise, and to stop yourself becoming too mentally invested in your project of choice. The vast majority of projects will fail within 5 years, so becoming overly certain of the success of one will probably devastate you. If you can stay balanced, stay honest about your crypto's chances of success and adoption, not get tunnel vision, and not take overly risky positions, you have a good chance of not losing everything. Remember the payoff structure. Heavily rightward skewed. A ton of cryptos earn no return and a select few earn an absurd (1,000-10,000x) return.
None of this is necessary if you just want to invest randomly in one of the top ten cryptos. That's the strategy of 95% of investors today. Pick a coin and go. If it's not bitcoin, I can pretty much guarantee you'll lose money. The newer, the worse.
I've not made an effort to convince you that cryptos have intrinsic value. If you've made it this far, you probably think they're worth something at least. However, they're probably not worth as much as the market is pricing them at right now. Especially not those in the ethereum family. I'm not going to tell you what to invest in, because that would defeat the purpose of this post. I'm telling you to do your due diligence before blindly buying a crypto. And that due diligence on ethereum is as complex and difficult as Tesla or Amazon DD. And that your skills in equity valuation are pretty much useless in this asset class. My circle of competence doesn't extend to options or lean pork futures, so I don't touch those. I suggest that until you really feel comfortable in crypto, you don't buy randomly.
Summative thoughts:
  1. Investing in crypto is hard
  2. 90% of people that invest at market peaks will lose money
  3. You have to extremely skeptical and invest in high-conviction positions
  4. Cryptos are exhibiting bubbly behavior right now, it's a pretty bad time to pick one out
  5. Cryptos are nothing like equities but they do have real value
  6. Cryptos are the future, but almost none of these coins will survive 10 years
  7. The older the better
  8. Governance is key
  9. These are speculative positions, only invest what you can tolerate losing
  10. You can make money investing in cryptos
  11. Passively investing in cryptos doesn't work
  12. It's a winner takes most market, there won't be 1 crypto that wins. There will be different cryptos for different use cases.
edit: deleted chart with probabilities of success because of subjectivity and oversimplification.
edit2: I've been overwhelmed with PMs so bear with me. also, please forgive any spelling errors on this post. I wrote it in one frenzied sitting.
edit3: I knew I would get a fair amount of resistance from ethereum investors (even though I attempted to keep my post as balanced as possible) but I was unprepared from the breathtaking volume of spam and diversity of attacks. One particular user has made 30 comments in this thread. I don't have a stake in ETC, period. The post is 3000 words long and most of it is about how to properly do your due diligence in a crypto. if ethereum fares poorly by standard due diligence metrics, then perhaps your issue is deeper than one post on /investing.
final edit: there have been some broken-hearted ethereum fans very busy organizing brigades against this post, and attacking me personally, and so on. It's all very incovenient. I can tell that I struck a nerve. This post isn't really about ethereum - it's about how to do research in crypto, and why you can't expect to profit handsomely without that due diligence. I mentioned ethereum because there are 3 or 4 breathless posts on here a day about its stunning gains and whether it's worth investing in. My answer: read about it first, from a diverse set of sources. A final note: I do not own any ethereum classic, I have never owned ethereum classic. I brought it up because it is part of the ethereum story, and an example of what happens when you have a contested hard fork. I do hope that ethereum succeeds, I am just cautioning against over exuberance.
submitted by isrly_eder to investing [link] [comments]

Binance, Paxful partner to bring bitcoin to masses as the latter supports over 300 payment methods

Cryptocurrency exchange Binance and peer-to-peer (P2P) trading platform Paxful have joined hands to bring bitcoin to masses.

The partnership will allow Binance users to utilize Paxful’s platform directly on Binance.com to buy bitcoin (BTC) with 10 fiat currencies - Russian ruble (RUB), Vietnamese dong (VND), Indonesian rupiah (IDR), Nigerian naira (NGN), Colombian peso (COP), British pound (GBP), Mexican peso (MXN), Canadian dollar (CAD), euro (EUR) and Argentine peso (ARS).

In other words, Paxful is now Binance’s another fiat gateway partner, joining the list of Koinal, Simplex, Paxos, TrustToken, Flutterwave and AdvCash. Binance already allows buying of bitcoin via these partners, so how is Paxful’s platform different?

“Unlike other payment gateways, Paxful supports more than 300 payment methods including local currency bank transfers, gift cards, and online wallets. This gives an opportunity for the unbanked and underbanked to be part of a new ecosystem,” Artur Schaback, co-founder and COO of Paxful, told The Block.

He further explained that Nigeria, for instance, has restrictive banking rules. So residents of this country can use gift cards to buy bitcoin via Paxful to fund their Binance accounts.

Paxful said it currently supports 167 fiat currencies on its platform, but for Binance integration, it is supporting the ten fiat currencies for now and could add support for more “in the near future.”

https://www.theblockcrypto.com/post/50281/binance-paxful-partner-to-bring-bitcoin-to-masses-as-the-latter-supports-over-300-payment-methods?utm_source=rss&utm_medium=rss
submitted by FastSellerService to BitcoinInfo [link] [comments]

Bitcoin affecting dollar trade in Argentina

Bitcoin affecting dollar trade in Argentina submitted by chriscls to Bitcoin [link] [comments]

Unisend in Argentina get it Bank accounts canceled with no explanation given

Unisend in Argentina get it Bank accounts canceled with no explanation given submitted by sebicas to Bitcoin [link] [comments]

Huobi exchange open a branch in Argentina

Huobi exchange open a branch in Argentina

https://preview.redd.it/aoia1qf77on31.jpg?width=900&format=pjpg&auto=webp&s=138e4dd61c87876d8df1a9ebcaccd6eea0482e09
Cryptocurrency exchange Huobi announced the opening of a branch in Argentina amid the economic crisis in the country and the continuing fall of the local Fiat currency.
Huobi Argentina will facilitate the purchase of a number of cryptocurrencies for the Argentine peso. In October, the exchange also plans to add the ability to buy cryptocurrencies using credit cards, Bank transfers and other payment methods widely used in Argentina, including Mercado Pago.
Demand for cryptocurrency in Argentina is driven by the country's openness to emerging technologies and the need to find an alternative to reduce the risks caused by the devaluation of the peso. Argentina recently introduced currency controls to stabilize peso markets, restricting citizens from buying foreign currencies.
The initiative of Huobi can be very successful – the citizens of Argentina are increasingly resorting to cryptocurrencies in an attempt to save their savings from hyperinflation. At the beginning of the month, the Argentine financial expert urged citizens to buy bitcoins.
#Argentina #Huobi #Exchange #Cryptocurrency #business
submitted by QBEXCHANE to u/QBEXCHANE [link] [comments]

Argentina to track all credit card purchases & impose 15% tax on all foreign transactions.

submitted by joelthelion to worldnews [link] [comments]

Daily analysis of cryptocurrencies 20190902(Market index 28 — Fear state)

Daily analysis of cryptocurrencies 20190902(Market index 28 — Fear state)

https://preview.redd.it/p0xah7daf6k31.jpg?width=1200&format=pjpg&auto=webp&s=b03f9baaa572026afde7db4556fa3b5fd2a3c288
https://preview.redd.it/84b8kqsbf6k31.png?width=630&format=png&auto=webp&s=1bd1d8fab3928762f624a6df24a7824a6704205c
Craig Wright asked the lawsuit to be postponed for 14 days and questioned the judge’s decision to hand over nearly 500,000 bitcoins According to the court documents filed on August 30, Craig Wright initiated a motion to extend the ongoing lawsuit for 14 days and challenged the presiding judge Bruce Reinhart’s previous ruling. The document also shows that Wright’s team needs more time and staff to prepare, as Hurricane Dorian is expected to land in Florida in the coming weeks. A recent document claimed that Wright “does not recognize” that magistrate Reinhart has the right to issue an order determined in the ruling, and his legal counsel needs sufficient time to challenge him. According to previous news, in the court documents released on August 27, District Judge Bruce Reinhart confirmed that Craig Wright had to give Kleiman 50% of the 1.1 million bitcoins he claimed to be jointly mined with Kleiman between 2009 and 2011, while Craig Wright is required to compensate Kleiman for intellectual property fees associated with Bitcoin software. In addition, Craig Wright was asked to pay the attorney’s fees and the costs associated with the bill. Also The court also found that Craig Wright had dishonestly debated, perjury and acknowledged false evidence during the motion.
Argentine central bank restricts buying dollars, or stimulates local bitcoin demand According to a report by Bloomberg on September 1, the Central Bank of Argentina imposed restrictions on the purchase of the US dollar to reinvigorate its falling French currency, the Argentine peso. According to a statement issued by the central bank on Sunday, the monthly purchase of dollars by Argentine individuals will be limited to less than $10,000, and any amount exceeding the limit will require special permission. In addition, exporters must settle their foreign exchange earnings in the local market within 5 days. No company is allowed to accumulate dollars. The central bank said that these measures are aimed at “maintaining exchange rate stability and protecting depositors.” In recent years, Argentina has shown a strong interest in Bitcoin, and as the uncertainty surrounding economic growth intensifies, Bitcoin trading volume has accelerated. Last month, the country’s cryptocurrency exchanges showed a premium. Some speculate that the demand for bitcoin, an uncontrollable cross-border asset, should increase further. A large amount of data shows that the amount of Argentine pesos that Argentines traded on the peer-to-peer cryptocurrency platform increased last week, and this trend is likely to continue if the situation in the country is similar to Venezuela.
The blockchain project received funding from the Scottish government to monitor gluten-free oats using blockchain technology The Scottish government-backed Scotland’s Rural College (SRUC) project allocated £94,66 to a blockchain project to support the development of a digital ledger system to monitor gluten-free oatmeal. Through this network, manufacturers can provide traceability and source, and fundamentally improve the supply chain.

Encrypted project calendar(September 02, 2019)

AE/Aeternity: The third phase of Aeternity token (AE) main network migration will end on September 2nd. PLPillar: The Pillar (PLR) Pillar community will participate in a creative strategy seminar hosted by experiencehaus in London, UK on September 2nd. LA/LAToken: The LAToken (LA) LATOKEN community will host an investor reception in London, England on September 2nd.

Encrypted project calendar(September 03, 2019)

WAN/Wanchain: Wanwei Chain Wanchain (WAN) will be launched on September 3rd based on POS mechanism mining function

Encrypted project calendar(September 04, 2019)

BCH/Bitcoin Cash: The City Conference will be held in North Queensland, Australia from September 4th to 5th, 2019. BETHEBethereum: Bethereum will conduct a user airdrop token plan on September 4th

Encrypted project calendar(September 05, 2019)

CS/Credits: Credits (cs) began to map some of the main network tokens on September 5th. ENG/Enigma: The Enigma(ENG)Enigma community will host a gathering and seminar in Boston on September 5. BTC/Bitcoin: Blockchain Africa conference organizers will host the first cryptocurrency festival in South Africa on September 5. AGI/SingularityNET: SingularityNET (AGI) SingularityNET community Ben Goertzel will attend the Asia Innovation Summit on September 5th and will deliver a speech.

Encrypted project calendar(September 06, 2019)

BTC/Bitcoin: Bakkt official Twitter said that Bakkt Warehouse will begin to provide Bitcoin secure storage services to customers on September 6. VEX/Vexanium: The Vexanium (VEX) DApps competition will end on September 6th with a total of 1.1 million VEX awards, the first of which will receive 350,000 VEX.

Encrypted project calendar(September 12, 2019)

BNB/Binance Coin: Coin Security will stop providing services to US users on Binance.com on September 12th BCN/Bytecoin: Bytecoin (BCN) will release Copper v3.6.0 on September 12th

Encrypted project calendar(September 13, 2019)

ETC/Ethereum Classic: ETC or will perform Atlantis hard fork on September 13th

Encrypted project calendar(September 14, 2019)

BTC/Bitcoin: The European Union will launch its name, Payment Services Directive 2 (PSD2), which will take effect on September 14. The new law includes banks implementing “strong customer certification”. In addition, according to previous news, PSD2 can obtain some of the functions of the banking industry, providing new payment solutions for encryption products.

Encrypted project calendar(September 15, 2019)

TRX/TRON: Wave field TRON launches side chain plan Sun Network network three-phase release WAN/Wanchain: Wanchain (WAN) will hold a 3Q community conference call in mid-September

Encrypted project calendar(September 16, 2019)

LINK/ChainLink: Chainlink (LINK) Oracle will host the Oracle Code One conference from September 16th to September 19th, at which it will announce the launch of 50 startups with Chainlink. MANA/Decentraland: The Decentraland (MANA) community will host the SDK hackathon on September 16.

Encrypted project calendar(September 20, 2019)

NULS / NULS: The NULS 2.0 Beta hackathon will be held from September 20th to September 21st, 2019.
https://preview.redd.it/prkapkeif6k31.png?width=630&format=png&auto=webp&s=cc5182cd890194432eeb64f71085ceb3eb1c8916
BTC continued to go up from yesterday to today, reaching a maximum of nearly $9,900. In the past 24 hours, the net inflow of BTC funds was close to $650 million, which was significantly increased compared with the previous cycle. Recently, BTC continued to rebound slightly, the daily line to see the details touched the yellow line triangle area on the lower track, the overall volume can continue to shrink, bull strength is not strong. The day is concerned about whether BTC can continue to move up and break through the resistance area of $9800–10000. Breakthrough failures are likely to be retreated again, with support below focusing on the vicinity of $9,500. In terms of operation, close to $9,850 above can be considered for moderate position reduction. If no position temporarily then there is no need to act rashly.
Review previous articles: https://medium.com/@to.liuwen
https://preview.redd.it/egi41amkf6k31.png?width=630&format=png&auto=webp&s=785ec145e7326a6bea7b46b7e5877aa457a4f3be
Twitter:https://twitter.com/mianhuai8
Facebook:https://www.facebook.com/profile.php?id=100022246432745
Telegram: https://t.me/Lay126
LinkedIn:https://www.linkedin.com/in/%E4%BC%9F-%E5%88%98-294a12176/
submitted by liuidaxmn to u/liuidaxmn [link] [comments]

Buenos Aires will introduce a system of digital identity in the blockchain

Buenos Aires will introduce a system of digital identity in the blockchain

A group of three organizations joined forces to develop a blockchain-based digital identification system for deployment in the Argentine capital.
The group, consisting of technology company NEC Argentina, public organization Bitcoin Argentina and IDB Lab (a division of the Inter Development Bank), signed an agreement to develop a blockchain system aimed at improving access to "quality goods and services" for residents of Buenos Aires.
The four-year project designed to provide blockchain-based digital identification to all residents of the city, which could improve access to financial services, especially for people living below the poverty line.
This initiative also supported by technology giant Accenture, will first be implemented in the Barrio 31 area and is expected to subsequently be implemented in two other "economically vulnerable" areas of Buenos Aires.
"By consolidating reliable and affordable digital identity cards, the project ultimately aims to increase access to goods and services for residents of vulnerable areas, which will allow them to improve their opportunities for socio-economic integration within the fourth industrial revolution," said Erika Molina, head of the project team at the IDB Lab.
Argentina is not the first to show its interest in blockchain technology. In the spring it became known that the government intends to invest in blockchain startups in the early stages of development and supported by the venture division of the cryptocurrency exchange Binance.
#News #BuenosAires #Argentina #Identification #Blockchain #PublicServices #DigitalIdentity
submitted by QBEXCHANE to u/QBEXCHANE [link] [comments]

08-20 05:03 - 'SOW - Seed of World, Stable ERC20 Token' (self.Bitcoin) by /u/Samiu2921 removed from /r/Bitcoin within 6-16min

'''
OBJECTIVE Develop a comprehensive system of multiple investments aimed at the promotion and development of Agricultural, Livestock, Real Estate, Rural Tourism, Vineyards, Wineries and Special Products activities, among other businesses that will be developed with the passage of time in the Latin American region.
Maximum volume of shares 50,000,000 coins - you can request pre-sale with a 25% discount (valid until 09/31/19)
All of our Investment Projects are fully contained and supported by the ERC20 Blockchain technology, complying with an updated financial information service at all times for the effective control of the businesses carried out.
COIN INFORMATION Soft Cap Pre Sale: 5.000.000 Discounts Pre sale: 50% 25% Hard Cap Final Sale: 18.250.000 Frezze Coins: 31.750.000 Airdrop Coins: 750.000 Porcentaje Airdrop: 5% Desarrolladores: 10% del total, 5.000.000 TOTAL COINS: 50.00.000
Our objectivesare the following: *Agronomists *Real Estate Notary *Account Executives *System Developers *Finance Consultant *Heads of Productions *Commercial administrators *Telecommunications Engineers *Project Management Consultant *Natural Resources and Renewable Energies
Below we present a simple outline of the stages and procedures that we will carry out to achieve the proposed objectives.
STAGE #1 ACCESS TO WORLDWIDE INVESTMENTS Official SOWtoken Launch - 5,000,000 Presale EXPECTED DATE: 09/31/19
STAGE #2 PREVENTA HOME OF TOKEN Exclusive first 1,000 Holders promotion EXPECTED DATE: 12/31/19
STAGE #3 START OF TRADE IN EXCHANGES Presale: $ 5,000,000 to $ 1 Total sale of SOWtoken® in the first stage of the project: US $ 15,000,000 EXPECTED DATE: 01/10/20
STAGE #4 ACQUISITION OF LANDS FOR CULTURE Located in the department of ANTA, province of SALTA: 906 HECTÁREAS / 2238 ACRES EXPECTED DATE: 01/20/20
STAGE #5 CONSTRUCTION OF AGRICULTURAL FACILITIES The construction of the operating room and machinery shed begins and the preparation of the land for the cultivation of a first commodity ends. EXPECTED DATE: 08/30/20
STAGE #6 AGRONEGOCIO COMMISSIONING Acquisition of tools and machinery for planting, spraying and harvesting at the first crops. EXPECTED DATE: 11/30/20
STAGE #7 FIRST CULTURE / SEED At this stage it is planned to market the first scheduled summer crops such as: Soy, Bean or Corn. EXPECTED DATE: 12/15/2020
STAGE #8 SECOND CULTURE / SEED At this stage it is planned to market the first scheduled winter crops such as: Wheat and porototos Chickpea. EXPECTED DATE: 09/15/2020
STAGE #9 ACQUISITION OF THE VINEYARD At this stage it is expected to conclude the search and define the purchase of our first vineyard in operation located in mountain range of the Argentine Northwest, precisely in the Calchaquies Valleys. EXPECTED DATE: 12/15/20
STAGE #10 WINE HEIGHT CRYPT At this stage, the first “vintage crypto” is foreseen through a first grape harvest and start-up of the production of our star products, including the best high-quality wines with copyright and certificates throughout their production.
Our social medias; Telegram: [link]1 Twitter: [link]2 Bitcointalk: [link]3 Discord: [link]4
Our E-Mail: [email protected]
'''
SOW - Seed of World, Stable ERC20 Token
Go1dfish undelete link
unreddit undelete link
Author: Samiu2921
1: t.me/so**off**ial1 2: *w*tte*.com*Seedo*World* 3: bitcointalk.or*/index.php?**pi*=***9*16** 4: discor*.*g/D*g4H*P
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

#738 DCEP Digitalwährung Launch China, Bitcoin Argentinien & Miner Canaan Creative IPO USA Argentina Peso Crisis Yet Another Case For Bitcoin ARGENTINA: Comprar y Vender BITCOINS (al mejor precio) COMO COMPRAR BITCOIN EN ARGENTINA 2020 Y RETIRARLOS EN DINERO REAL ( UALA MERCADO PAGO ETC) Bitcoin is Economic Freedom - Argentina Proves Why Crypto IS Necessary

Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption . The Argentine peso plunged by more than 10% shortly after the country’s ... Result of conversion 200 Argentine Peso to Bitcoin. Convert 200 ARS to BTC to get actual value of this pair of currencies. We use international ARS/BTC exchange rate, and last update was today. Online converter show how much is 200 Argentine Peso in Bitcoin. Para seguir todas las cotizaciones de los principales exchanges y brokers locales de Argentina en ARS y en USD. Comprar bitcoin. Convert Bitcoins to Argentine Pesos with a conversion calculator, or Bitcoins to Argentine Pesos conversion tables. Also, view Bitcoin to Argentine Peso currency charts. Get also a Bitcoin to Argentine Peso currency converter widget or currency conversion guide sheet or chart for your website. Get also a Bitcoin to Argentine Peso currency converter widget or currency conversion guide sheet or ... This Argentine Peso and Bitcoin convertor is up to date with exchange rates from October 21, 2020. Enter the amount to be converted in the box to the left of Argentine Peso. Use "Swap currencies" to make Bitcoin the default currency. Click on Bitcoins or Argentine Pesos to convert between that currency and all other currencies.

[index] [32890] [7361] [49036] [39548] [35061] [7020] [35491] [32109] [1615] [9241]

#738 DCEP Digitalwährung Launch China, Bitcoin Argentinien & Miner Canaan Creative IPO USA

Argentina Peso Crisis Yet Another Case For Bitcoin? We see that the Stock Market BYMA dropped 48% in a single day the 2nd worst crash in 70 years today. We see that the Peso lost 30% of its value ... BINANCE Exchange - Cómo COMPRAR y VENDER Criptomonedas ... Comprar bitcoins argentina -【Mi ESTRATEGIA】+30% de Ganancia - Duration: 14:53. Finanzas Personales 28,218 views. 14:53. Exodus: ... http://bitcoin-informant.de/2019/10/29/738-dcep-digitalwaehrung-launch-china-bitcoin-argentinien-miner-canaan-creative-ipo-usa Hey Krypto Fans, willkommen zu... Queres saber como comprar bitcoins desde Argentina 2019? Varias formas de pago, Mercado Pago o a través de un cupón en PagoFácil, RapiPago, BaproPagos, Cobro... BINANCE Exchange - Cómo COMPRAR y VENDER Criptomonedas ... Comprar bitcoins argentina -【Mi ESTRATEGIA】+30% de Ganancia - Duration: 14:53. Finanzas Personales 28,845 views. 14:53 . Binance ...

#