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    Cryptocurrency Daily Discussion Megathread - November 26, 2018

    November 26, 2018

    Cryptocurrency Daily Discussion Megathread - November 26, 2018

    Daily Discussion Megathread - November 26, 2018

    Posted: 25 Nov 2018 09:54 PM PST

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    submitted by /u/CryptoCurrencyMod
    [link] [comments]

    Just HODL on guys!

    Posted: 25 Nov 2018 11:42 PM PST

    State of Ohio Will Accept BITCOIN as a Payment Option for Taxes

    Posted: 25 Nov 2018 09:38 AM PST

    https://www.wsj.com/articles/pay-taxes-with-bitcoin-ohio-says-sure-1543161720?mod=searchresults&page=1&pos=1

    ​

    This is huge!

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    Ohio appears set to become the first state to accept bitcoin for tax bills, a show of support for a technology that has garnered lots of hype but failed to gain traction as a form of payment.

    Beginning this week, Ohio businesses will be able to go to the website OhioCrypto.com and register to pay everything from cigarette sales taxes to employee withholding taxes with bitcoin. Eventually, the initiative will expand to individual filers.

    The idea to accept the digital currency for taxes came from state Treasurer Josh Mandel, who has held the office since 2011 and started taking an interest in bitcoin several years ago. Mr. Mandel, 41 years old, views the new program both as a convenience for filers and an opportunity for "planting a flag" for Ohio in the currency's adoption.

    "I do see [bitcoin] as a legitimate form of currency," Mr. Mandel said, adding that he hopes other states will follow suit.

    Bitcoin was intended as a currency that didn't require government backing or support when it was introduced 10 years ago. Although it has had success as a tradable asset, it hasn't gained broad acceptance as a form of payment and has been dogged by concerns that it is used to pay for criminal enterprises.

    Ohio's move wouldn't give bitcoin legal status, but it would be a kind of tacit approval bitcoin has so far lacked. Tax offices accepting bitcoin "does help send a message that bitcoin's a technology that can be used by anybody—by bad guys but also by the government," said Jerry Brito, the director of Washington, D.C.-based research firm Coin Center.

    Arizona, Georgia and Illinois have considered bitcoin for taxes, but bills addressing the issue have stalled in their state legislatures. Mr. Mandel, who is an elected official, said he can direct his office to accept bitcoin without approval from the legislature or governor.

    Ohio filers will technically send their tax payments to an Atlanta-based payments processor called BitPay, which will then convert the bitcoin to dollars for the state treasurer's office.

    It isn't clear how many businesses will take advantage of the service, though Mr. Mandel said he has heard from companies asking for it.

    Other states are starting to see bitcoin and its underlying technology, blockchain, as a way to attract talent and capital. Wyoming Gov. Matt Mead this year signed legislation to loosen the state's regulatory environment and make it attractive for blockchain-based businesses to register and operate there. New York developed regulations for cryptocurrency businesses called the BitLicense. Delaware two years ago began a program to use blockchain technology within its corporate registry services, though the initiative lost steam after Gov. Jack Markell, who championed it, left office.

    Ohio's Mr. Mandel is confident that won't happen after his term ends in January. "I'm confident that this cryptocurrency initiative will continue," he said.

    submitted by /u/oathprotocol
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    One year anniversary of Bitconnect Ceremony

    Posted: 26 Nov 2018 03:10 AM PST

    Finished another crypto ticker. This time i made a little holder to remind all of us how rekt we got lmao

    Posted: 25 Nov 2018 03:34 PM PST

    Ohio becomes the first state to accept bitcoin for tax payments

    Posted: 25 Nov 2018 11:02 AM PST

    Larry Sanger co-founder of Wikipedia, talking about Blockchaining Wikipedia, and share his thought and ideas about the future of the tech

    Posted: 26 Nov 2018 02:40 AM PST

    When the Bitcoin price rises a few percent after a 20% drop

    Posted: 25 Nov 2018 11:06 AM PST

    Does anybody else feel super confident right now?

    Posted: 25 Nov 2018 06:00 PM PST

    I can't explain it. But I have never felt more confident in the world of cryptocurrency.

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    Last time I felt this certain about an occurrence in the market was December of last year when I was telling everyone that the market would collapse within 3 months.

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    I see the sea of red and I can't believe that the prices are this low. And I genuinely feel that we will never see prices this low ever again. I am buying, and buying a lot.

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    And I'm not some massive shill. I started as a massive skeptic touting my economics degree as a qualification for my dismissal of the crypto realm. I can say that I was wrong. But I was wrong because of a lack on information.

    ​

    I can say with confidence that Bitcoin is not the future of crypto. It will be remembered as the forerunner, similar to how broadcast.com is remembered today. But other projects that I will not name is where the real future is.

    ​

    Does anybody else feel this way.

    submitted by /u/UsernameIWontRegret
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    Bitcoin crash alright but remember John McAfee prediction and consequence

    Posted: 25 Nov 2018 03:15 PM PST

    Bitcoin price is one of the most talked topics recently. Major news sites and top finance section discuss and speculate about it. So, before we get brainwashed here is a quick guide about BTC’s history, the factors that influence it, and how to keep track of it.

    Posted: 26 Nov 2018 01:23 AM PST

    There are two rules of crypto: 1) Nobody can predict the price. 2) Everyone thinks they are an exception to the first rule

    Posted: 25 Nov 2018 09:46 AM PST

    You can witness it in action on this very sub.

    • People claiming Bakkt will be good for crypto
    • People claiming we have reached the bottom
    • People claiming "I told you so"
    • People claiming this is a multi-year bear market
    • People claiming bitcoin is dead for good
    • People claiming this is the time to buy

    I love it haha

    submitted by /u/warclannubs
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    Reusable Payment Codes — the Secret Ingredient to a User-Friendly Crypto Wallet?

    Posted: 26 Nov 2018 01:25 AM PST

    Vitalik calls Craig Wright a "fraud"

    Posted: 26 Nov 2018 03:07 AM PST

    Honestly curious, did anyone on this board sell in the last 3 days?

    Posted: 25 Nov 2018 07:03 PM PST

    I'll probably get shitposted to oblivion but my sense among my crypto buds is we are all accumulating. So who is selling exactly?

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    This crash doesn't have the feel of a consumer driven freak out at all.

    submitted by /u/JeskaiAcolyte
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    This video was uploaded 7 years ago.

    Posted: 25 Nov 2018 11:14 AM PST

    Forbes Says Bitcoin is Dead Again. Why They're Idiots

    Posted: 26 Nov 2018 12:15 AM PST

    Open invitation: This Friday meetup with Arkane Network @ Techcrunch's Disrupt Berlin ����

    Posted: 26 Nov 2018 03:16 AM PST

    Maidsafe partnership with Disney?

    Posted: 26 Nov 2018 02:55 AM PST

    I heard there might be a partnership between the creators of the SAFENetwork (Maidsafe), and Disney. Anybody else heard similar? When will it be announced?

    I think it all stems from the SAFENetwork name and logo being seen in the new Disney movie "Ralph breaks the internet". I haven't heard of any other crypto projects being featured, so it's definitely not a 'crypto movie'.

    Which begs the question, "Who at Disney has been looking at the SAFENetwork, and why?"

    submitted by /u/theautonomousnetwork
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    Convergence of Blockchain-Startups and Investors About to Happen in New Delhi at WIRESUMMIT 2018

    Posted: 25 Nov 2018 11:16 PM PST

    WIRESUMMIT 2018, a blockchain event for the Blockchain community is being organised by BTCWIRES in New Delhi on December 2, 2018. The exclusive gathering of investors and Blockchain startups is being held with an expectation to attract blockchain enthusiasts, experts, influencers, investors.

    While 2018 will be the first edition of the Summit, but the organisers of the event have stated that they expect the event to become one of the largest and most extensive Blockchain-oriented eventsin the industry. The organiser of the event, BTCWIRES, is a reputed Blockchain news which has in the past covered various global blockchain conferences and summits.

    The primary theme of the event is promotion of Blockchain and DApp Projects for Investment Promotion, Facilitation and Execution.

    submitted by /u/StrictEmotion
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    Is it spring?

    Posted: 26 Nov 2018 03:37 AM PST

    USDX Wallet: A Payment System and a Stablecoin for Everyday Use

    Posted: 26 Nov 2018 03:17 AM PST

    Watch live large Bitcoin market trades

    Posted: 25 Nov 2018 05:03 PM PST

    Bitcoin Won’t Last, But Crypto is Here to Stay: Edward Snowden

    Posted: 25 Nov 2018 11:55 PM PST

    Coin360: Daily Market Overview, November 26

    Posted: 26 Nov 2018 04:04 AM PST
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