Promissory notes, Ponzi schemes, cryptocurrency among top investor threats, state agency warns

Promissory notes, Ponzi schemes, cryptocurrency among top investor ... real estate-related investments, cryptocurrency-related investment products ...

from #Bitcoinmovement https://ift.tt/2tPYSaL
via IFTTT

4 “Last-Minute” Tax Saving Strategies Crypto Holders Should Not Miss

Selling cryptocurrencies you have held for more than 12 months may result in absolutely zero taxes in some cases because long-term capital gains ...

from #Bitcoinmovement https://ift.tt/358zdHy
via IFTTT

BitcoinTV: by BitcoinMeister on YouTube

Relentless Bitcoin! Crypto-Snitches, Influencer economics, FUD & Ponzi busting! Youtube, .eth?
Tucson, AZ- This is Thursday's 1 Bitcoin Show which was not seen on this channel until now

View on YouTube

Crypto.com: Any thoughts?

I decided to put some thoughts together after my experience using Crypto dot com (CDC). I didn't really manage to find many reviews and breakdowns before joining the platform myself, so thought it might be helpful to those considering joining to be able to see all their offerings in one go since they also don't have a lot of this info easily accessible.

If you have experience using them and have your own thoughts, feel free to chime in.

Review Link: HERE

I'll summarize most of my thoughts - I think they have a great product, one of the best app UXs I've had the pleasure of using that trumps the competition (like Celsius). The In-App Support feature is also unrivaled, and blows me away that you can speak to a live-human in app within minutes. The Cashback on the debit card is a nice feature, and tho, I'd personally prefer receiving cash or btc directly as opposed to MCO, it is a great way to increase your exposure passively as you go about your day especially if you believe in CDC and their future. I do wits they had an auto-top up feature allowing users to auto-convert your crypto when you spend. It takes an adjustment using basically a prepaid debit card and loading up funds before purchase, making sure you don't go over available balance.

As far as an all in one ecosystem goes, they've largely succeeded in creating a seamless user experience and having industry-leading interest rates in their Earn program doesn't hurt. I'm a big fan of lending out crypto to earn interest, I've like to know more about what they do with our crypto since earning 12% on stablecoins is unheard of (with MCO staked) the closest being blockfi at 8.6% - I can't imagine it will last for much longer. Adding the new crypto exchange was definitely a surprise and I have concerns they maybe spreading themselves thin a bit. There are many other milestones and promise that have yet to be met, so I hope this doesn't cause them to fall behind even more.

The MCO staking requirements for various services, especially the Debit Card maybe a hard pill to swallow for more casual users who aren't as crypto inclined (minor speed bump to adoption - and yes I know the free midnight blue is an option). I think the idea of putting a couple hundred dollars on the line with a largely unknown company like CDC in return for $50 does sounds like a great deal for some like those who were already planning on getting MCO card anyways - but it simply doesn't compare to say applying for a checking account/debit card at a globally recognized bank with similar perks...overall a hard-sell for the masses (too early) at this stage unless you're a true crypto fan or just really want free netflix and spotify I don't see regular folks joining up anytime soon. That being said, in due time, if CDC continues its domination and expansion into new global markets with no issues, I'm sure their reputation will grow with it.

Kris has mentioned they will be fully profitable by 2020, which is good news as many were curious how they were able to afford many of the perks they provide their users - again, no figures to backup the claim so we'll have to take his word for it. I do hope they become more transparent with their platform performance and figures, but we'll see if they ever do.

Kris has also mentioned developing DEFI solutions for many of their products that would allow users to retain keys to their crypto which would be a fantastic step forward and could be a turning point if it does come to fruition for many other platforms to follow suit.

The addition of the native currency CRO in addition to the original MCO mucks up the waters a bit for me and has been a divisive topic for many early adopters. I don't personally see why it was necessary to create a new coin as opposed adding new features to MCO's token utility and developing both coins in tandem seems like a monumental task - hopefully the team is up for the challenge.

But all in all a solid product that is bringing the heat to legacy banking (albeit piggybacking on Visa's infrastructure and reach ironically) - I hope to continue seeing improvements with their products in the months to come.

If mass adoption is to become a reality, this is how it happens.

For those considering CDC or already using their product whether it's their card or app. What are your thoughts? Positive or negative?

Submitted December 27, 2019 at 04:02PM by joepile https://ift.tt/34Znlar https://ift.tt/2Z7cX2s

Daily Discussion - December 28, 2019 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

---

Disclaimer:

Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

---

Rules:

• All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
• Discussion topics must be related to cryptocurrency.
• Comments will be sorted by newest first.

---

To see prior Skeptics Discussions, click here.

Submitted December 27, 2019 at 06:09PM by AutoModerator https://ift.tt/2F1xjOi https://ift.tt/2Z7cX2s

Mainstream Media’s Hit Piece on Hitmen Fails Miserably

Mainstream media is probably one of the worst mediums for factual information because it’s typically filled with ignorance and propaganda. When it comes to cryptocurrencies, darknet markets, and encryption, conventional news outlets publish hit pieces that are beyond absurd. On December 27, Harper’s Magazine published a feature report called “Click Here to Kill,” which described the author’s perception of alleged “online murder markets.” Ironically, the 7,500-word feature never actually found any real assassins and no one was murdered.

Also read: Dark Net Markets Are Booming From Better Quality & Safety

The Mainstream Media’s Perception of So-Called Assassination Markets

These days, mainstream media think they are hip to the cryptocurrency scene. This is because they hire a few ‘world-class’ journalists to study the cryptosphere for a few days in order to publish a hit piece. The latest absurd feature from traditional news outlets stems from Harper’s Magazine, which published an article called “Click Here to Kill.” The reason Harper’s Magazine’s latest presentation is preposterous is because the publication makes you read an extremely long editorial only to learn the investigation never found any real murderers. What the investigative reporter found was scammers building websites that advertised assassination. These murder-for-hire websites took people’s money after they deposited the crypto and made a promise to kill. The writer’s drawn-out article wants you to believe there’s a huge issue with assassination markets on the deep web, but in actuality, there’s just a bunch of scammers.

For instance, the article tells us about a woman who was told by the police that someone disliked her and decided to connect to a site called Camorra Hitmen to commit an evil deed. Supposedly, a person dubbed ‘Mastermind365’ sent the administrators of the site $5,000 worth of BTC in exchange for her assassination. However, the police never got back to her after they told her the initial news. The author’s hyperbole-filled post explains how prevalent it is for people to pay money to so-called online assassins and the job never gets completed.

The author’s main source is a systems administrator from London who also takes part in independent cybercrime research on the side. The researcher had discovered a variety of alleged online assassination markets and forums like a site called Besa Mafia. Throughout the article, the cybercrime researcher mentions a bunch of sites that basically take money for a hit, but in the end, the website owners just steal the money. The report said that Besa Mafia offered kidnapping services and hitmen in exchange for bitcoin. Still, the Besa Mafia website was just another worthless scam site as the Harper’s Magazine author states:

Besa Mafia had a somewhat slicker graphical interface than the dark-web assassination markets Monteiro had seen before, but it was nevertheless clear to him that this one, like the others, was a scam, designed to pilfer money from gullible users.

The “Click Here to Kill” editorial doesn’t find one real assassin throughout the entire report and no murder was committed during the ‘exclusive’ investigation. Still, the editorial tries to paint a picture of how ‘dark’ the invisible web is and put digital currencies in a bad light. Even though the journalist couldn’t find any real assassins and just happened to stumble upon scammer websites, he really wants you to believe in the nonexistent boogeyman. Governments and mainstream media have used this type of propaganda for years.

Fear-Instilling Headlines Have Purpose

A good example of this propaganda in the wild is the Ross Ulbricht case, when news outlets published lies about ostensible hits that never came to fruition. The U.S. government never charged Ulbricht for any crimes associated with murder-for-hire, but the rumors were used to make the public frown upon Ulbricht and the Silk Road. Mainstream media never told the public that Ulbricht left the Silk Road and someone else took the name ‘Dread Pirate Roberts’ (DPR) immediately after. In fact, Ulbricht announced the transition to a close friend in an online chatroom in November 2011. What really happened was U.S. law enforcement and rogue agents faked a murder and made it seem like the Silk Road administrator was violent. Even worse is the fact that the rogue agents had access to DPR’s login credentials and private keys so the entire story was likely fabricated.

Throughout the Harper’s Magazine editorial, the exclusive investigation found a person called ‘Yura’ who created scam sites that took people’s money, but never assassinated anyone. Instead of being objective, the Harper’s Magazine hit piece describes an online world where you can “click to kill.” But that’s not really the truth. The truth is there are plenty of sites on the deep web willing to take money from gullible suckers who think websites like these are legitimate.

There’s a reason a story like this one contains fabrications and mainstream media runs outlandish, fear-instilling headlines. It’s because there is an agenda and governments want the media to make it seem like cryptocurrencies need to be tracked and the dark web is filled with violent crime. Conventional news outlets like CNN, Vice, Harper’s Magazine, New York Times, Gizmodo, and Bloomberg will never tell you that darknet marketplaces (DNM) are just a group of consenting adults exchanging vices in a nonviolent manner. Harper’s Magazine authors will not explain how these online markets improved the quality of designer drugs by using a reputation system. Nor will its writers detail that DNMs have completely removed street violence. No, mainstream media and these types of writers want propaganda to give you a false perception of reality. Their masters want more headlines and reports filled with fake murder-for-hire websites and exaggeration.

What do you think about the Harper’s Magazine hit piece called “Click Here to Kill” and the fact that no website mentioned in the article actually killed anyone? Why do you think mainstream media pushes propaganda articles like these? Let us know what you think about this subject in the comments section below.

---

Image credits: Shutterstock, the Farrelly Brothers movie: Dumb and Dumber, Fair Use, Wiki Commons, Harper’s Magazine, and Pixabay.

---

Did you know you can buy and sell BCH privately using our noncustodial, peer-to-peer Local Bitcoin Cash trading platform? The local.Bitcoin.com marketplace has thousands of participants from all around the world trading BCH right now. And if you need a bitcoin wallet to securely store your coins, you can download one from us here.

The post Mainstream Media’s Hit Piece on Hitmen Fails Miserably appeared first on Bitcoin News.

from Bitcoin News https://ift.tt/2SxnoYt
via IFTTT

Move over old money! There is a new money in town! [45sec]

https://www.youtube.com/watch?v=8xs0lPfoANg

Submitted December 27, 2019 at 02:50PM by Hanspanzer https://ift.tt/2ZtawEk https://ift.tt/2Z7cX2s

blockchain currency app

blockchain currency app. Mobile App Development. Posted 4 hours ago. create an apple application that utilizes API to pull current crypto currency ...

from Google Alert - Blockchain https://ift.tt/37q5POz

bitcoinmovementdotblogspotdotcom #bitcoinmovement

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2SwsG6E
via IFTTT

Sr. Software Engineer - Java, Microservices, IoT, Blockchain

Job title: Sr. Software Engineer – Java, Microservices, IoT, Blockchain Company: CyberCoders. Job description: , Streaming Data, Big Data, and ...

from Google Alert - Blockchain https://ift.tt/35ZoeRM

bitcoinmovementdotblogspotdotcom #bitcoinmovement

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2t57VV8
via IFTTT

Paraguay Seemingly Looks Favorably Upon Bitcoin and Crypto Assets

Numerous countries want to regulate cryptocurrencies. Paraguay may be ahead of the competition in this department, albeit in a positive manner.

from Google Alert - Bitcoin https://ift.tt/37gyJR4

bitcoinmovementdotblogspotdotcom #bitcoinmovement

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2SxL4Mk
via IFTTT

Bitcoin derivatives market could soon replicate positive figures of traditional market

With platforms entering the crypto-derivatives markets on the rise, Co-founder of CoinGecko, Bobby Ong believes that soon Bitcoin futures/options will ...

from Google Alert - Bitcoin https://ift.tt/2ZF7Cg1

bitcoinmovementdotblogspotdotcom #bitcoinmovement

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/34ZR1o8
via IFTTT

blockchain currency app

blockchain currency app. Mobile App Development. Posted 4 hours ago. create an apple application that utilizes API to pull current crypto currency ...

from Google Alert - Blockchain https://ift.tt/37q5POz

Sr. Software Engineer - Java, Microservices, IoT, Blockchain

Job title: Sr. Software Engineer – Java, Microservices, IoT, Blockchain Company: CyberCoders. Job description: , Streaming Data, Big Data, and ...

from Google Alert - Blockchain https://ift.tt/35ZoeRM

Paraguay Seemingly Looks Favorably Upon Bitcoin and Crypto Assets

Numerous countries want to regulate cryptocurrencies. Paraguay may be ahead of the competition in this department, albeit in a positive manner.

from Google Alert - Bitcoin https://ift.tt/37gyJR4

Bitcoin derivatives market could soon replicate positive figures of traditional market

With platforms entering the crypto-derivatives markets on the rise, Co-founder of CoinGecko, Bobby Ong believes that soon Bitcoin futures/options will ...

from Google Alert - Bitcoin https://ift.tt/2ZF7Cg1

Hard-Hitting Investigative Journalism You Can Support With Cryptocurrencies

In many ways, the roots of journalism and cryptocurrency come from the same spiritual places: a relentless drive to hold the powerful accountable, ...

from #Bitcoinmovement https://ift.tt/3603LfJ
via IFTTT

bitcoinmovementdotblogspotdotcom #bitcoinmovement

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2ZpWkvG
via IFTTT

Rakuten starts loyalty points exchange for cryptocurrencies

The Rakuten company began implementing the exchange of loyalty points for cryptocurrencies, within its e-commerce platform. With this new tool, ...

from #Bitcoinmovement https://ift.tt/2EXYk57
via IFTTT

bitcoinmovementdotblogspotdotcom #bitcoinmovement

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2Mw52TQ
via IFTTT

blockchain currency app

blockchain currency app. Mobile App Development. Posted 55 minutes ago. create an apple application that utilizes API to pull current crypto currency ...

from Google Alert - Blockchain https://ift.tt/39dK99T

bitcoinmovementdotblogspotdotcom #bitcoinmovement

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2ZtdIQ8
via IFTTT

Is the Blockchain Fever Fading?

From the news articles to reports, we have seen the upward trends of blockchain technology. However, a new report by CB Insights seems to suggest ...

from Google Alert - Blockchain https://ift.tt/2My2Nzx

bitcoinmovementdotblogspotdotcom #bitcoinmovement

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2Zry1gT
via IFTTT

Despite YouTube apology we should still be moving to decentralised platforms.

I see a lot of affected content creators saying that YouTube has apologised for the "mistake" of removing certain crypto related content.

Despite this being a one off mistake, the community needs to shift to decentralised platforms such as LBRY, for the day when the apology does not come and it is not a mistake to censor our community.

Submitted December 26, 2019 at 05:17PM by BigLezHodler https://ift.tt/2ruhcp8 https://ift.tt/2Z7cX2s

bitcoinmovementdotblogspotdotcom #bitcoinmovement

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/39gOpFN
via IFTTT