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submitted by freespins1 to u/freespins1 [link] [comments]

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submitted by freespinsgaming to u/freespinsgaming [link] [comments]

Fees by u/coltonrobtoy

[This reads best on Reddit via Safari/Chrome/Brave or on Desktop. Looks bad in the Reddit app.]
Hey guys, I'm the one that has been advocating for $0.001 or $0.0001 fixed-tx fees, and destroying your hopes of 1st-year staking rewards in the process. What I see with OMG is the first opportunity ever for the common person to demolish Visa/Mastercard/Paypal/Alipay/WechatPay and take slices of their pie. I'm content with minimal staking rewards for years 1-5, because I see what comes in years 6-25 when Visa/Mastercard/Paypal/Alipay/WechatPay are either forced to move to the OMG Network or go bankrupt.
In the Feb 09, 2018 daily I took a few more things into account from u/instyle9 and u/fiyamaguchi and u/Omiseguy and I'm adding three more points [(D), (E) and (F)] to my thesis around staking fees:
Points Description
A) u/instyle pointed out that my $0.001 or $0.0001 fixed-tx fee model makes no sense for Omise because they are currently earning around $3 million USD in revenue per day with their existing payment processing infrastructure. Moving all that to the OMG Network (for a $0.001 or $0.0001 fixed-fee per tx) would cause them to miss out on a lot of $.
B) u/fiyamaguchi said a sliding scale may work better for stakers to capture more tx fees (but not too much!) for increasing value of txs: "$0.001 up to $10, $0.01 up to $100 etc."
C) u/Omiseguy said that if the tx fees were too low, they would not "generate enough interest among the validator community to incentivize the security and decentralization of the network."
D) Omise has been supporting ETH since 2015, they know in crypto that you pay a fixed-fee for usage of a network, not % amnt of a tx (that is old legacy payment system ideals).
E) Omise wants the Network to be used by the Unbanked, where a $0.10 tx is a meaningful tx for them on a daily basis.
F) The last point I wanted to add is around 'Network Effects'. At a high level this is: "A friend loves a product so much that he tells tells a friend, who loves it so much that he tells another friend, who loves it so much that he tells another friend, etc. etc". This is the goal for everybody who is creating a product on Planet Earth. It provides 'Social Proof' to the product (think: you are more willing to go to a movie if your friend tells you it was good than if you read that it was good on a movie critic's blog post). It also provides higher user retention, and lower advertising costs. Facebook was the first product to generate massive network effects in the post-2000 internet. Everyone told their friends to get on Facebook because it was 'that good' over MySpace and Friendster. You can see how it's still a behemoth today.
So how does a product achieve this 'Network Effects' Phenomena?
Person Description
Elon Musk: "If you're entering anything where there's an existing marketplace- against large entrenched competitors- then your product or service needs to be MUCH better than theirs. It can't be a little bit better."
Peter Thiel: "A Great technology company should have proprietary technology an order of magnitude better than its nearest substitute."
In engineering terms, an 'order of magnitude' means 10x. So you need either a 10x improvement in speed, cost, usability, customer service, or some combination of them in order to achieve these 'Network Effects'.
But why? Why can't it be a little bit better and still achieve network effects? That's because there are 'switching costs' for all potential customers/users of your product/service. They will need to retrain themselves and all their employees to use your product/service. Or they will need to retrain themselves and all their customers to use their product/service. That is very difficult because most people don't have time in the day to learn how to use a new thing- the thing they're already using works fine for them and they already know how to use it! A 2x improvement or a 5x improvement is not enough of an improvement for adoption: Nobody has the time to care, so there are no network effects possible. It is only when you get to an 'Order of Magnitude' (or a 10x) improvement that it begins to be worth people's time to care how to use your product/service. Only then, can Network Effects take hold.
So what does an 'Order of Magnitude' (or a 10x) improvement look like for a merchant? Well, legacy payment systems charge 3% for a Credit Card Processing Fee, so an 'Order of Magnitude' (or 10x) improvement on that looks like 0.3% fees. Going from 3% fees to 0.3% means a 90% reduction in cost. So we are going to shoot for at least a 90% reduction in cost for all scenarios.
 
So, balancing A), B), C), D), E), F) above, along with analyzing different tx scenarios of traditional payment processors, I have come up with this model:
Payment Processor Fee
Visa: 2.5% + $0.10
Mastercard: 3% + $0.10
Paypal: 2.9% + $0.30
AliPay: 3%
WechatPay: 3%
Scenario 1: 0-$0.10 tx Fee
Visa: Can't Do
Mastercard: Can't Do
Paypal: Can't Do
AliPay: $0.003 fee
WechatPay: $0.003 fee
OMG: $0.0001 fee
Minimum OMG Savings: 96.67%
Scenario 2: $0.10-$1 tx Fee
Visa: $0.125 fee
Mastercard: $0.13 fee
Paypal: $0.329 fee
AliPay: $0.03 fee
WechatPay: $0.03 fee
OMG: $0.001 fee
Minimum OMG Savings: 96.67%
Scenario 3: $1-$10 tx Fee
Visa: $0.35 fee
Mastercard: $0.40 fee
Paypal: $0.59 fee
AliPay: $0.30 fee
WechatPay: $0.30 fee
OMG: $0.01 fee
Minimum OMG Savings: 96.67%
Scenario 4: $10-$100 tx Fee
Visa: $2.60 fee
Mastercard: $3.10 fee
Paypal: $3.20 fee
AliPay: $3.00 fee
WechatPay: $3.00 fee
OMG: $0.10 fee
Minimum OMG Savings: 96.15%
Scenario 5: $100-$1000 tx Fee
Visa: $25.10 fee
Mastercard: $30.10 fee
Paypal: $29.10 fee
AliPay: $30.00 fee
WechatPay: $30.00 fee
OMG: $1.00 fee
Minimum OMG Savings: 96.02%
As we can see:
Points Solution
A) We have moved off the $0.001 or $0.0001 fixed-tx fee model to give Omise more revenue when they move all their existing payment processing onto the OMG Network & be rewarded for their hard work
B) We have implemented a sliding scale for stakers to capture more tx fees (but not too much!) for increasing value of txs
C) Stakers are earning more compared to my $0.001 or $0.0001 fixed-tx fee model and will be incentivized to stake and ensure the security/decentralization of the network
D) We have stuck with a fee model that is not a % of 'amount of value sent'. This has been the default way to construct a cryptocurrency network since the advent of Bitcoin.
E) An Unbanked person making a meaningful daily $0.10 tx is welcome on our network with an effective fee of 0.1%
F) We are achieving the 'Network Effect' mandate by having a payment processing network that is an 'Order of magnitude' (ie 10x) better than legacy payment systems
Here are where the Network Effects will sprout from in the OMG Network:
Participant How they will induce Network Effects
Merchants: "Hey [other merchant] you can save 90% on Credit Card fees by using this new OMG Network. People can also pay you with any currency in the world and you will receive USD, instantly. It's magic!"
eWallet Developers: "Hey this White Label Wallet SDK will make it really easy to build our own eWallet with your own branding on the front. It also plugs into a blockchain network that lowers processing fees for merchants by 90% and allows eWallet Users to pay with any currency/cryptocurrency they want. Thank god someone else made this because we sure don't want to spend the time or money to!"
eWallet Users: "You can visit can visit China, pay them via QR code with whatever currency/cryptocurrency you have in your wallet with no hassle and no exorbitant conversion fees. You will never have to exchange cash again! If you need to top up your tokenized fiat balance, just head to that 7/11 on the corner."
OMG Stakers: "Hey I make $x in passive income per year by validating txs on the OMG Network. This is like owning a toll booth on the World Financial Highway"
A 4-Pronged Network Effect has never been seen in this world before. The most has been 3-pronged Network Effects with Facebook (Users, Brands, Advertisers) and Amazon (Sellers, Buyers, Shipping Companies).
See you on Mars.
submitted by coltonrobtoy to omise_go [link] [comments]

Some questions, concerns and excitements

I have been around this sub since July and I am always so happy to see quality discussions going on here. Usually I don’t have an urge to write a post because I find all my questions and curiosities are answered on the posts, but I have some new questions, concerns and excitements so here I am. I am excited for you to share your thoughts and I hope this post adds to the community.
Some questions (with my attempts to answer them)
Q1) Ethereum and OmiseGo: Is Ethereum dependent on OmiseGo’s success as much as OmiseGo is on the success of Ethereum?
Critics of Ethereum often bring up two arguments 1) Ethereum won’t be able to handle increasing network traffic 2) Ethereum’s gas fee structure will make it fail
OmiseGo(+Plasma) can come solve both of these problems. 1) Plasma will enable off-chain transactions, reducing network traffic dramatically 2) Users and developers of dapps on the mainnet will be able to pay for the transactions that need the utmost security possible when the Plasma is active, and in any currency they want to pay when the OmiseGo network is alive.
What do you think? Will it be possible for people to pay USD for the Gas on Ethereum network?
Q2) Liquidity: How will OmiseGo provide enough liquidity as it becomes the most universally used DEX in the world?
When I read OmiseGo white paper and interviews of their advisors and team members, their goal is clear and bold: To become the DEX of the planet. But to achieve this, you will need a lot of liquidity. In the previous TownHall, Jeremy mentioned that they are working with banks, and actively looking for more partners to provide this liquidity.
But why will a bank with a lot of liquidity put it on the OmiseGo network? In my opinion, banks will only do so to yield more profit than putting the money into something else. Then, the liquidity providers might take a bigger portion of the fees than we might expect. Or is there another reason why they will provide liquidity?
Note: On the white paper, it writes “By bonding Ethereum into a smart contract [5] (or Bitcoin-like tokens into bonded clearinghouses), it is possible to lock up Ether onto the activity of the OMG chain to allow for eWallet pairs to occur over Ether or other cryptocurrencies, creating a liquid market (if every pair crosses with ETH, spreads would be much smaller provided low currency volatility).” But who would provide enough Ethereum to provide liquidity for the network?
I have no domain knowledge or experience in this. Could anyone with such knowledge oand experience shed some light on this? Current crypto exchanges are centralized and OmiseGo is a completely different animal, actually transmitting the value for each transaction, real-time. Right now, I can’t wrap my head around this, and I hope we can help each other :)
Q3) Won’t users of less available/popular currency suffer?
Here is a scenario I have in my mind: Let’s say you live in Kenya and receive Kenyan shillings for your salary. You go online and try to buy some stuff with KSH, and the online store you use often just started using OmiseGo network. But the KSH demand on the network is so low that you see you pay almost double of what you used to pay.
What flaws does my scenario have? How can this be solved?
With questions on the board, let me share 2 concerns I have for OmiseGo
C1) No activity on GitHub
I go on their GitHub, and there is near zero activity. I know they have recently released Plasma MVP, and that they are going through closed beta for the SDK. Is that why they don’t share any of their software development on GitHub? Will February open beta release come with lots of open source codes?
I am not familiar with how software open source/ open beta work, so this might be a dumb question. If you have some background in software development, please shed some light on this!
(I actually wrote a semi-long answer to someone else’s post on same concern (“Where is the development update from omisego team”). It’s kinda ironic that I am bringing up this concern now, but I want to hear your thoughts and broaden my perspective anyway.
C2) Amazon and other big stores coming together to create their own coin
I am not worried about other cryptos that advertise as ‘the coin’ to be used as the medium for value transmission, such as stellar, miners, bitcoin cash or ripple, etc. If OmiseGo builds highways, these are just ‘better vehicles’ to transport people.
But what if a large portion of value that will be transmitted through OmiseGo network, online payment transactions, makes their own coin and just frees themselves from 3rd payment processing logistics? Would it be hard for Amazon to create their own coin that can be only used for the products they offer, and use that reduced 3~4% tx cost to offer better price for people? Why wouldn’t Amazon do this?
If you have some retail, online payment experience or knowledge, please help!
C3) Why traditional exchanges will not convert to OmiseGo, and why it doesn’t matter I had this concern, but jv2222 provided a great insight onto this matter, and cured me of my fear. I just wanted to share his post for those who missed it. It is a great read.
Okay, now concerns are also on the board…
Reading this far, you must be an OmiseBro/OmiseSister (although I have not met many female crypto investors, I know you are out there, OmiseSistas!), cuz this post is quite long, and you are still here.
So let me share why I am very excited about OmiseGo.
E1) If OmiseGo delivers, not only early investors will secure a juicy source for ‘semi-passive income’, but also contribute to transforming how we humans transmit values.
You probably understand why you, an early investor, will be very happy when OmiseGo delivers. For the second part of my excitement, let me digress a bit and tell you some of my abroad stories.
In 2015, I went to Kenya to live and run with Kenyans, the best runners on Earth (I was in love with the art of running, and wanted to see how they do it). It’s been almost 2.5 years, but I still cherish the memories and what I’ve learnt there (If you are a runner, take a moment to appreciate graceful and beautiful running in this video which I filmed in Kenya here).
After the trip, I still keep in touch with athletes and coaches I interviewed, and I regularly help out some of them through PayPal or Wave. But working in Korea makes it very hard for me to share financial value with them. PayPal doesn’t support KRW (currency of Korea) nor Wave. Every time I want to send some money, I ask my girlfriend if she needs some KRW, and asks her to send me equivalent USD to my PayPal or directly send to my friends in Kenya through Wave. This is very time-consuming and frustrating. It really doesn’t have to be this way.
When OmiseGo network is alive, in theory, I can just put in my KRW on the network, and they can cash out Kenyan shillings. No 3rd party that takes +1% fees. No need to wait +10 minutes. Done.
Furthermore, I have some Starbuck’s points and airline mileage that I don’t really need. So I want to also send that over to a high school that I support in Kenya. With a few clicks on my phone, the transaction is done, and these points will help some of the students to get their first running shoes.
How amazing is this? Providing a network/pool where all the ‘values’ on Earth, across borders of countries and cultures, can be shared and transmitted instantly.
E2) The tokenization of any assets
In November, 2017, Gramatik, a famous DJ in the international club and festival scene, raised $9M in his GRMTK Token ICO.The owners of GRMTK tokens receive portions of the revenue Gramatik produces through his music, films, and concerts.
Singular DTV was behind this, but with OmiseGo network, anyone can tokenize their asset, talent, and creativity, and secure much more sustainable way to maintain their practice.
This can be great for athletes, musicians, fine/performance artists, racing drivers, chess prodigies, and so on. I am very excited for this part of OmiseGo network because many of my close friends are musicians and I see a lot of money being taken away from them by Music Rights Protection Organizations, Distribution companies and Entertainment companies. You will be super surprised, or even appalled, by how much Korean idols actually make through their music. Middlemen take a great bite out of every creativity and work. It’s brutal.
Tokenization will also help other businesses that could only rely on traditional source of funds. Restaurants, museums… any small to medium sized businesses can now focus more on their work, than securing funds. What’s also cool is that, OmiseGo releasing their White-label wallet SDK, will enable developers around the world to create apps to enable all of these… put them into many niche markets that we don’t even imagine OmiseGo can be applied to.
E3) Please share your excitements!
Above two excitements are very personal ones for me, being a lover of running and having friends who are suffering in the very centralized structure.
I want to ask, what are you most excited about the project? Why?
Thank you for reading this far, and I hope this was entertaining and stimulating at the same time.
Edit: some typos
submitted by artofrunningslow to omise_go [link] [comments]

ICO Update – Jul 1 2017

ICO Update – Jul 1 2017 Here is the progress of the Initial Coin Offerings that we are following. Please go to https://urbancrypto.com/ongoing-icos/ for a full list of Ongoing ICOs.
DCORP ICO Update – Jul 1 2017
The DCorp ICO ended with a pretty decent result. The ICO raisedover5 million dollars altogether, passing its minimum of 1.3 million to achieve its needs for its derivatives exchange seed project. With its’s corporate structure and participation of token holders in the governance of the company, it is still avery interesting project and one to watch in the future.
The DCorp ICO is almost at an end, if you haven’t looked into DCorp, you still can. To read more on DCORP: https://urbancrypto.com/dcorp-drp-derivatives-exchange-profile/
Sphre (Air) XID Token ICO Update – Jul 1 2017 The Shpre – Air ICO has closed and the company has raised just over 50% of its hard cap. The final numbers are:
2059.69777838 BTC 1,090 Participants 1,405 Transactions
To read more about Sphre click https://urbancrypto.com/sphre-token-xid-the-air-platform/
Giga Watt ICO Update – Jul 1 2017
The Giga Watt ICO moves along ith slow contributions coming in. They have issued 12,553,344 tokens and the current rate is $1.05 per token. So, they have raised over 11 million dollars which in itself is a huge accomplishment. The ICO period is one of the longer ones we have seen and we will see how far they go with 30 days left for this Blockchain-based Mining Solution
To read more on Giga Watt click https://urbancrypto.com/giga-watt-wtt-profile/ To follow the crowdsale click: https://cryptonomos.com/wtt/
FUND YOURSELF NOW ICO Update – Jul 1 2017
Fund-Yourself-Now, a blockchain based crowdfunding platform launched its ICO on June 17th with a period of 46 days. Their hard-cap is 7.5 million FYN tokens or about 65,000 ETH which at current market prices is approximately 22 million dollars. FYN already has a pipeline of upcoming ICOs to be launched on their platform and we will be detailing them shortly.
Here is the progress so far: ETH Balance: 4,478.079166217484335852 Ether ETH USD Value: $1,202,140.35 (@ $268.45/ETH) No Of Transactions: 808 txns To read more about the Fund Yourself Project Now click here. https://urbancrypto.com/fund-yourself-now-crowdfunding-platform-profile/
Corion ICO Update – Juy 1 2017
Corion’s goal is to be a multifunctional Platform for businesses and individuals to join and build a worldwide decentralized network, based on mutual benefits, simplicity, security, cost-effectiveness, speed and a stable means of payment. Corion launched its ICO on June 18th, 2017. There was no minimum or maximum cap set. The sale has not generated a lot of contributions in the past 24 hours. The Crowdsale has raised $1.3 million dollars so far.
To read more about Corion, click here: https://urbancrypto.com/corion-platform-stabilized-cryptocurrency/ To follow the Corion ICO click here: https://www.corion.io/
Polybius Bank ICO Update – Jul 1 2017
Polybius Bank states that they will combine features of modern banking, IoT, Big Data and Blockchain-based technologies while also meeting security and UX requirements.
They opened their crowdsale on May 31, 2017. The terms are that each PLBT token will cost $10 and the maximum number of tokens to be sold is 20,000,000. That leaves the possibility of them raising up to $200 million dollars. They have already raised around $25,000,000 dollars as per their website.
The ICO will come to an end in a day, to read an update from our friends at BitcoinChaser click here: http://bitcoinchaser.com/ico-hub/polybius-ico-update To follow the Polybius ICO click here: https://polybius.io/
Upcoming Initial Coin Offerings
We have updated our list of upcoming ICOs and it is extensive. We have added links to the companies websites and whitepapers where available. For a completely comprehensive list click here: https://urbancrypto.com/upcoming-icos/
We anticipate uploading Profiles on the following upcoming ICOs in the next few days: Populous – Invoice and Trade Finance Hive Project – Currency Invoice Financing Platform OpenAnx – Decentralized Exchange PrimalBase – Distributed Workspace for Tech Community MyBit – Decentralized Asset Management OmiseGo – eWallet Platform
If there is an ICO that you would like to see a Profile that we have not listed, please let us know and we will do our best to provide it ASAP.
ICO Update – Jul 1 2017
submitted by urbancrypto to CryptoMarkets [link] [comments]

[uncensored-r/BitcoinMarkets] Fresh crypto exchange ($, €) - Omicron. Fees from 0.25% down to 0% for market makers, biggest coi...

The following post by MatiBugatti is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ BitcoinMarkets/comments/7ngitw
The original post's content was as follows:
Hello guys. Sorry for the advertising if it doesn't belong in here, but I just wanted to share with you information about new crypto exchange - Omicron Exchange. It allows to buy and sell cryptocurrencies using either fiat or digital currencies. Omicrex provides both corporate and individual accounts, various ewallets for crypto storage and cash accounts, for deposits and withdrawals using Euro or USD. Fees to buy and sell start at 0.25%, and go as low as 0% (!) for market makers. Omicrex aims to have the best user support out there as possible, and we all know many exchanges, even top ones, have problems with it. Anyway, there also is a refferal system, which allows you to make some cash for reffering other people, as far as I know it goes 2 levels down now. As far as I can tell, all currently supported cryptos are : EMC, NMC, ETH, DASH, LTC, BTC, PPC, USDT. If you could use my reflink - that would be really awesome : https://my.omicrex.com/registration?agent=XX87OMICOMG432401000B . If you do not want to, just head out to : http://www.omicrex.com/. Cheers!
Information taken from: https://omicrex.com/our-fees/ https://omicrex.com/faq/
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Bitcoin donation button for Wordpress

I wanted a donate button on my Wordpress site and started out with Paypal but it seems they have put a stop to that for non-charities so I went on to Bitpay but it was the same for them if you wanted to be able to process more than $500 a year.
Instead I simply got an eWallet at Blockchain and generated an address for donations and put it on the site with a Wordpress plugin called BitMate Author Donations. I now have an address like:
bitcoin:1JAxmzGbkmRgoUkpbU7UR7QWUh26NN3su1?label=Donation-from%blablabla&message=Donation-from%3Ahttp%3A%2F%2Fblabla.com%2F
But how do I test if this is actually working? Do I have to open a software wallet to make a donation to myself? Or can I associate the bitcoin protocol to the Blockchain wallet?
What's the best way to have a donation button where visitors can donate directly with Paypal or their credit cards but I receive bitcoins?
submitted by midas22 to BitcoinBeginners [link] [comments]

ICO Update – Jul 2 2017

ICO Update – Jul 2 2017 Here is the progress of the Initial Coin Offerings that we are following. Please go to https://urbancrypto.com/ongoing-icos/ for a full list of Ongoing ICOs.
Giga Watt ICO Update – Jul 2 2017
The Giga Watt ICO moves along ith slow contributions coming in. They have issued 12,579,633 tokens and the current rate is $1.05 per token. So, they have raised over 12 million dollars which in itself is a huge accomplishment. The ICO period is one of the longer ones we have seen and we will see how far they go with 29 days left for this Blockchain-based Mining Solution
To read more on Giga Watt click https://urbancrypto.com/giga-watt-wtt-profile/ To follow the crowdsale click: https://cryptonomos.com/wtt/
FUND YOURSELF NOW ICO Update – Jul 2 2017
Fund-Yourself-Now, a blockchain based crowdfunding platform launched its ICO on June 17th with a period of 46 days. Their hard-cap is 7.5 million FYN tokens or about 65,000 ETH which at current market prices is approximately 22 million dollars.
FYN already has a pipeline of upcoming ICOs to be launched on their platform and we will be detailing them shortly.
Here is the progress so far: Contract Overview | FundYourselfNow ETH Balance: 4,506.062166217484335852 Ether ETH USD Value: $1,314,778.82 (@ $291.78/ETH) No Of Transactions: 817 txns
To read more about the Fund Yourself Project Now click here. https://urbancrypto.com/fund-yourself-now-crowdfunding-platform-profile/
Corion ICO Update – Juy 2 2017
Corion’s goal is to be a multifunctional Platform for businesses and individuals to join and build a worldwide decentralized network, based on mutual benefits, simplicity, security, cost-effectiveness, speed and a stable means of payment. Corion launched its ICO on June 18th, 2017. There was no minimum or maximum cap set. The sale has not generated a lot of contributions in the past 24 hours. The Crowdsale has raised $1.3 million dollars so far.
To read more about Corion, click here: https://urbancrypto.com/corion-platform-stabilized-cryptocurrency/
To follow the Corion ICO click here: https://www.corion.io/
Polybius Bank ICO Update – Jul 2 2017
Polybius Bank states that they will combine features of modern banking, IoT, Big Data and Blockchain-based technologies while also meeting security and UX requirements.
They opened their crowdsale on May 31, 2017. The terms are that each PLBT token will cost $10 and the maximum number of tokens to be sold is 20,000,000. That leaves the possibility of them raising up to $200 million dollars. They have already raised around $26,000,000 dollars as per their website.
The ICO will come to an end in a couple of day, to read an update from our friends at BitcoinChaser click here: http://bitcoinchaser.com/ico-hub/polybius-ico-update To follow the Polybius ICO click here: https://polybius.io/
DAO Casino ICO Update – Jul 2 2017
In on-line gaming the biggest issue that all parties involved have to deal with is trust, the DAO Casino platform directly addresses this issue and removes the need for any trust from the parties involved.
Built on the Ethereum Blockchain and powered by the Ethereum ERC20 token protocol, DAO Casino, through its decentralized, open-code platform is transparent and there is no way for any of the parties to take advantage of each other. This produces the first truly “fair” on-line gaming platform.
The ICO was off to a quick start and continues to raise funds. The sale has a hard cap of $25,000,000, As of the time of this publication they have raised around 13 million dollars.
To have a look at our complete profile, click here: https://urbancrypto.com/dao-casino-blockchain-gambling/ To follow the DAO Casino crowdsale directly, go to https://dao.casino/
Upcoming Initial Coin Offerings
We have updated our list of upcoming ICOs and it is extensive. We have added links to the companies websites and whitepapers where available. For a completely comprehensive list click here: https://urbancrypto.com/upcoming-icos/
We anticipate uploading Profiles on the following upcoming ICOs in the next few days: Populous – Invoice and Trade Finance OpenAnx – Decentralized Exchange PrimalBase – Distributed Workspace for Tech Community MyBit – Decentralized Asset Management OmiseGo – eWallet Platform
If there is an ICO that you would like to see a Profile that we have not listed, please let us know and we will do our best to provide it ASAP.
ICO Update – Jul 2 2017
submitted by urbancrypto to CryptoMarkets [link] [comments]

ICO Update – Jun 29 2017

ICO Update – Jun 29 2017 Here is the progress of the Initial Coin Offerings that we are following. Please go to https://urbancrypto.com/ongoing-icos/ for a full list of Ongoing ICOs.
DCORP ICO Update – Jun 29 2017
The DCorp ICO which will end in about thirteen hours. There has been a nice gain in contributions since our last update with total contributions now over 4.4 million dollars.
I still find the governance structure of DCorp intriguing and wonder if all blockchain based ICO companies should work this way. If you are not familiar with the structure of the company have a look at our profile by clicking the link below.
The DCorp ICO is almost at an end, if you haven’t looked into DCorp, you still can.
To read more on DCORP: https://urbancrypto.com/dcorp-drp-derivatives-exchange-profile/ To follow the progress of the ICO click here https://www.dcorp.it/crowdsale
Sphre (Air) XID Token ICO Update – Jun 29 2017
The Shpre – Air ICO continues to garner contributions with another 100 BTC since our last update. With less than a day remaining for the ICO, the company has raised almost 50% of its hard cap. Time is running out to participate in this crowdsale.
To learn more about the company, click the link below. The crowdsale moves along with a total of: 1988.47303430 BTC 1,028 Participants 1,306 Transactions
This is your last chance to check out the Shpre ICO. To read more about Sphre click https://urbancrypto.com/sphre-token-xid-the-air-platform/ To follow the progress of the ICO click here: https://tokeninvestor.com/crowdfunding/air
Giga Watt ICO Update – Jun 29 2017
The Giga Watt ICO moves along ith slow contributions coming in. They have issued 12,131,640 tokens and the current rate is $1.05 per token. So, they have raised over 11 million dollars which in itself is a huge accomplishment. The ICO period is one of the longer ones we have seen and we will see how far they go with 32 days left for this Blockchain-based Mining Solution
To read more on Giga Watt click https://urbancrypto.com/giga-watt-wtt-profile/ To follow the crowdsale click: https://cryptonomos.com/wtt/
FUND YOURSELF NOW ICO Update – Jun 29 2017
Fund-Yourself-Now, a blockchain based crowdfunding platform launched its ICO on June 17th with a period of 46 days. Their hard-cap is 7.5 million FYN tokens or about 65,000 ETH which at current market prices is approximately 22 million dollars. Contributions since our last update have been less than 40 ETH.
Contract Overview | FundYourselfNow ETH Balance: 4,385.024291106957040084 Ether ETH USD Value: $1,307,789.64 (@ $298.24/ETH) No Of Transactions: 765 txns
To read more about the Fund Yourself Project Now click here. https://urbancrypto.com/fund-yourself-now-crowdfunding-platform-profile/
Corion ICO Update – Jun 29 2017
Corion’s goal is to be a multifunctional Platform for businesses and individuals to join and build a worldwide decentralized network, based on mutual benefits, simplicity, security, cost-effectiveness, speed and a stable means of payment. Corion launched its ICO on June 18th, 2017. There was no minimum or maximum cap set. The sale has not generated a lot of contributions in the past 24 hours. The Crowdsale has raised $1.2 million dollars so far.
To read more about Corion, click here: https://urbancrypto.com/corion-platform-stabilized-cryptocurrency/ To follow the Corion ICO click here: https://www.corion.io/
Polybius Bank ICO Update – Jun 29 2017
Polybius Bank states that they will combine features of modern banking, IoT, Big Data and Blockchain-based technologies while also meeting security and UX requirements.
They opened their crowdsale on May 31, 2017. The terms are that each PLBT token will cost $10 and the maximum number of tokens to be sold is 20,000,000. That leaves the possibility of them raising up to $200 million dollars. They have already raised around $25,000,000 dollars as per their website.
The ICO will come to an end in a day, to read an update from our friends at BitcoinChaser click here: http://bitcoinchaser.com/ico-hub/polybius-ico-update To follow the Polybius ICO click here: https://polybius.io/
Upcoming Initial Coin Offerings
We have updated our list of upcoming ICOs and it is extensive. We have added links to the companies websites and whitepapers where available. For a completely comprehensive list click here: https://urbancrypto.com/upcoming-icos/
We anticipate uploading Profiles on the following upcoming ICOs in the next few days:
Populous – Invoice and Trade Finance Hive Project – Currency Invoice Financing Platform OpenAnx – Decentralized Exchange PrimalBase – Distributed Workspace for Tech Community MyBit – Decentralized Asset Management OmiseGo – eWallet Platform
If there is an ICO that you would like to see a Profile that we have not listed, please let us know and we will do our best to provide it ASAP.
ICO Update – Jun 29 2017
submitted by urbancrypto to CryptoMarkets [link] [comments]

07-07 01:02 - '[personal story] How one of my relationships almost tarnished my investments and turned out to be a lifelong lesson.' (self.Bitcoin) by /u/jesja17 removed from /r/Bitcoin within 462-472min

'''
I don't have anyone to talk to in my life ATM but this has stuck with me for a long time and I'd just like to share it with someone.
I was working a civilian contract with the US Military in Florida doing cyber security for 4 years. During his time I was introduced to bitcoin ( I believe around 400$ around that time) and I invested a pretty good amount.
After that venture I went back to my hometown in a different state. I met a girl from a town about 55 miles away with a population of 600. Her family invited me to move in with them for no other stated reason other than, and I quote " you make her the happiest she's ever been."
I agreed and moved in, now with the money I made from Florida I was able to sustain financial stability , but without revealing how much I have in total, just a personal preference. I didn't work at this time because the only jobs available in that town was a family dollar store and a small restaurant. I didn't feel like working since I already had more than enough to make it.
I did not like this town and tried to discuss moving out to a bigger city, about 170 miles away. That's when they started questioning my income.
Now, imagine trying to explain cryptocurrency to a complete technologically inept family , who doesn't use the internet for anything other than Yahoo news, pandora and Facebook. It wasn't the easiest of conversations.
So I gave her an estimate on how much my investments are worth at the time, and she asked if I could prove it. I did, but then something sort of crazy happened.
She told me to liquidate or leave. I tried to further explain that's not very ideal in the market, and even after I showed her my ewallet, she went to her family and friends and the entire town called me out in some crazy middle of nowhere fashion. Slamming me on Facebook and literally sabotaging my car for being a "liar"
I was so infatuated with the girl regardless, in my head I considered her a victim of being surrounded by ignorance, and tried very desperately to get her out of that area and live a better life with me. I very much considered liquidating my BTC investments just to keep her, but then I thought about it.
I would use my resources to land us both a job, and the best apartments in the city, and if she backs out, she isn't who I need.
We went as far as actually signing the lease. At 11pm the night before move in , she fucked me in the hotel and then left. Fully backed out, calling me worthless and a bunch of other foul things. I was crushed, I cried for days. I wanted to have a family with her.
Fast forward a year, after doing my own thing in Colorado I venture back to the state of my hometown, hit up a old friend. He invited me to a party.
Let me tell you something about the guy hosting the party, he had been with his baby mama for 7 years, and he hasn't held a job the entire time, the babymamas family has provided multiple living spaces for them, ending on a house after multiple apartments. Paying for his garage full of tools and literally everything he owns. Him and his baby's mama break up for good, leaving him the house and shit to pay for himself. He had to resort to selling an ounce of weed every now and then to get by. Hardly, I might add.
This guy, is who that girl ended up with. He got her pregnant and now all of his debt is doubled and her responsibility now, because he is the scum that entire town of 600 people thought I was. And here I am, tripled my investments in BTC thanks to me standing my ground and not liquidating.
I have been alone this entire time, but I have been working out, quit smoking cigarettes, gained muscle and more than enough financial stability, and I know I'll find the one for me someday. She messed up, and I think I handled it the right way.
If you read the entire thing, I'll state again this isn't financial advice or anything other than a personal experience I had. Maybe it will help someone, maybe it'll get downvoted into oblivion for being irrelevant to the sub or just tedious to read, but I'm glad I've been able to get it off my chest.
Tl;dr a girl I loved tried to get me to liquidate my investments and instead we went our separate ways and now she ended up in a very large hole and I ended up better than ever.
'''
[personal story] How one of my relationships almost tarnished my investments and turned out to be a lifelong lesson.
Go1dfish undelete link
unreddit undelete link
Author: jesja17
submitted by removalbot to removalbot [link] [comments]

Introducing BIPS – The Free EWallet and Merchant Solutions Provider

Bitcoin Internet Payment System (BIPS), the free Bitcoin service, has just launched. BIPS unleashes the full power of Bitcoin - making merchant processing fees a thing of the past and giving traditional payment processors a run for their money. Created for merchants and end users alike, the Bitcoin world will never be the same. Based out of Denmark, BIPS is brought to you by the same team as WalletBit - a name you can trust. Visit https://bips.me and get started today.
Users have the option of signing up using an existing Facebook, Twitter or Google account. This means you won't have to remember another password unless you want to. For those of you who like to do things the old fashioned way, we have a traditional sign up method.
Our free eWallet service is the most secure in existence today. When you sign up for a BIPS account your password is stored as a heavily salted SHA-512 hash. This means your BIPS password is more secure than most banking sites. BIPS also enables you to add up to three factors of authentication to prevent unauthorized access to your account. This includes Secure Card technology pioneered by WalletBit and Google Authenticator.
BIPS is the first major Bitcoin gateway to offer merchant tools completely for free. As long as you keep your balance as Bitcoins then you pay zero processing fees. You only have to pay if you want to cash out to your local currency.
BIPS gives you the option to automatically convert some of or all the Bitcoins coming into your account to your local currency. Any automatic conversion to local currency at the time of purchase is guaranteed at the rate it was processed for. This means you can accept Bitcoins without worrying about exchange rates.
Transfers between BIPS accounts are instant and free. The only thing you will ever be asked to pay for are our premium services such as buying, selling and cold storage. BIPS offers the most affordable Bitcoin selling rates ever offered globally. With 42 different local currency options (https://bips.me/pricing) BIPS offers the most cash out options anywhere. This includes daily domestic transfers to both Canada and Denmark.
BIPS combines years of Bitcoin processing experience to create the ultimate Bitcoin website. Best of all BIPS is free. Simply put, BIPS is the last Bitcoin website you will ever need.
Free Bitcoin Services
eWallet services (only pay network fees!) - Receive Bitcoin - Send Bitcoin - Transfer between BIPS accounts - Import wallet.dat
Bitcoin Merchant Tools - Instant Payment Notifications (IPN) - REST API - Shopping Cart Plug-ins (coming soon) - Mobile Checkout
Premium Bitcoin Services - Sell Bitcoin (2.5%) - Buy Bitcoin (9%) - MTGox Instant Ask (0.89%) - SMS Bitcoin (0.89%) - Cold Storage (0.89%/0.89%)
https://bips.me
submitted by WalletBit to Bitcoin [link] [comments]

Giving Doge Coins to Family Members

I decided a unique gift to family members would be doge coin. It would give a few extra people stock into the cyrpto currency world. That and you never know they could go up to a few dollars years down the road!
How would be the best way to give around 15 people wallets with preloaded doge coins on them? Would ewallets work the best, or would it be usb thumb drives which the price alone in USB thumb-drives added onto the normal gifts would be too much. Is there another way? I heard about paper wallets what are those? I have mined a few thousand on an old 6850 amd card, but I will have to buy more to fill the quota!, that is alright since doges are at a decent price right now. I want to at-least give out a few thousand per family member, that I will be gifting. My boss will get none, he said in 2 years I will be in jail for mining "bitcoin" (who mines bitcoin now a days, riiiight), and he will come visit me twice a year. I also am not allowed to get on my email account at work because of this we had to out over this topic. Bad taste in my mouth but, what can you do... lol but I digress. Thank you ahead of time for your time.
submitted by Zisef to dogecoin [link] [comments]

I'm looking to buy something IRL (retail, cafe food, etc.) for Bitcoins (UK)

I really want to buy something (hopefully something useful) for BTC - mainly for the experience of doing so, and also to meet someone else specifically interested in Bitcoin and using it for business.
Two main questions:
1 - Does anyone from the UK know of any shops, cafes, snack bars etc. that accept bitcoin? I'm mainly around the Midlands area, but visit Manchester quite regularly.
2 - How would be the best way to perform any real life transactions with BTC? The idea I have at the moment is to transfer some funds to an eWallet like MyBitcoin and then use my phone's web browser to do the transfer via their website. Alternatively, I could actually bring my netbook to the place in question and do the transaction directly.
All ideas and suggestions welcome...
submitted by DivineOmega to Bitcoin [link] [comments]

Top 5 Safest Cryptocurrency Wallets In 2019 - YouTube 24 Choosing A Bitcoin Wallet (Deep Web) - YouTube What Is A Bitcoin Wallet? - The Best Explanation EVER ... 3 of the BEST Bitcoin Wallets Die Besten Bitcoin Wallets

A cryptocurrency wallet (crypto wallet, Bitcoin (BTC) wallet) represents a special class of computational frameworks or physical device able to authorize blockchain-based transactions. In a nutshell, it may send, receive, and operate the digital assets. The best crypto wallet reliably secures keypairs to protect crypto investments. The Trezor wallet arrives in a sealed package.Users can know if the package has been tampered with based on if the seal is broken or not. Clear set-up instructions are provided in the package which makes the set-up process straightforward for beginners.. It is important to take careful note of the recovery seed provided and the instructions will also emphasize this. Bitcoin Wallet Vergleich: Alles was man über Bitcoin Wallets wissen muss Auch wenn eine Investition in Bitcoins heutzutage immer einfacher wird, gilt es doch einige wichtige Informationen zu kennen. So sollte man als zukünftiger Anleger beispielsweise wissen, was ein Bitcoin Wallet ist, welche unterschiedlichen Arten es gibt, wie man ein Bitcoin Wallet erstellen kann und welche Anbieter am ... Bitcoin Wallet ist sicherer als die meisten anderen Bitcoin-Wallets, weil sie einen direkt mit dem Bitcoin-Netzwerk verbindet. Bitcoin Wallet hat ein simples Interface und genau die richtige Menge an Funktionen, die sie zu einer großartigen Wallet und einem großartigen Lernhilfsmittel für Bitcoin-Anfänger macht. Kapitel 5 Bitcoin Banken: 10 Mrd. USD durch Hacks verloren. Eine letzte Sache ... Unsere Empfehlungen: Die besten Bitcoin-Wallets 2020 im Test Wir vergleichen und testen die besten Bitcoin-Wallets 2020 und zeigen euch, wie diese eingerichtet werden. Tests, Erfahrungen, Ratgeber & Wiki für Bitcoin, Ethereum, Mining und Kryptowährungen hulacoins.de 2020

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Top 5 Safest Cryptocurrency Wallets In 2019 - YouTube

24 Choosing A Bitcoin Wallet (Deep Web) Best Bitcoin Wallet? This guide is about one of the safest hardware crypto wallet currently on the market that is not a Ledger wallet or Trezor wallet. BC Va... 🔥 TOP Crypto TIPS In My Weekly Newsletter 👉 https://signup.coinbureau.com/newsletter 🛒 Get A Ledger Nano - My Top Safest Wallet Pick 👉 https://guy ... Hardware wallets offer the most complex and robust security of any type of bitcoin wallet. That’s because the physical hardware device must be connected to a computer or smartphone to execute a ... This is a free sample lesson from 'The Secrets Of The Bitcoin Triangle' course, where you will 'Discover The 21 Fast Track Ways To Make And Save With Bitcoin...

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