Ripple Price XRP Rallies 5 While BTC And ETH Decline

Ripple Price (XRP) Rallies 5% While BTC And ETH Decline

Ripple price is gaining bullish momentum above the $0.2600 resistance area against the US dollar.

The price is up around 5% and it recently broke the $0.2650 resistance area.

There is a connecting bullish trend line forming with support near $0.2550 on the hourly chart of the XRP/USD pair (data source from Kraken).

The price remains supported on dips and it could continue to rise towards the $0.2720 resistance.

Ripple price is rallying towards $0.2720 against the US Dollar, while bitcoin and Ethereum are sliding. XRP price might continue to rise towards $0.2720 or $0.2750.

Ripple Price Analysis

This past week, ripple price made many attempts to surpass the $0.2620 and $0.2650 resistance levels against the US Dollar. However, the XRP/USD pair failed to climb above $0.2650 and traded in a range. Finally, the bulls had an upper hand and the price rallied recently after forming a base near $0.2550. There was a sharp rise above the $0.2600 resistance and the 100 hourly simple moving average.

Moreover, the price broke the $0.2620 and $0.2650 resistance levels. It opened the doors for more gains and the price traded towards the $0.2700 level. A high was formed near $0.2691 and the price is currently retreating from highs. An immediate support is near the $0.2650 level. It coincides with the 23.6% Fib retracement level of the recent rally from the $0.2514 low to $0.2691 high.

On the downside, there are many supports near the $0.2620 and $0.2600 levels. Additionally, the 50% Fib retracement level of the recent rally from the $0.2514 low to $0.2691 high is near $0.2600. More importantly, there is a connecting bullish trend line forming with support near $0.2550 on the hourly chart of the XRP/USD pair. Therefore, dips from the current levels might find bids near $0.2620 or $0.2600.

The main support is near the $0.2550 level (the previous support base). On the upside, an immediate resistance is near the $0.2700 level. If there is an upside break above $0.2700, the price could test $0.2720 or even $0.2750 in the near term.

Ripple Price Analysis XRP USD

Looking at the chart, ripple price is clearly surging with a positive bias above $0.2620. There are high chances of it extending gains above the $0.2700 and $0.2720 resistance levels in the coming sessions. Conversely, if there is a downside correction, the bulls might protect the $0.2650 and $0.2620 levels (the previous resistance levels).

 

Technical Indicators

Hourly MACD – The MACD for XRP/USD is currently gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently well above the 60 level, with bullish signs.

Major Support Levels – $0.2650, $0.2620 and $0.2550.

Major Resistance Levels – $0.2700, $0.2720 and $0.2750.

 

 

Aayush Jindal

David https://markethive.com/david-ogden

ILP projection and explanation

ILP projection and explanation

Many of you have heard of ICOs in regards to upcoming block chain spaces (organizations or businesses as you may call it). It means Initial Coin Offering, and can be compared to an IPO (what a new publically held corporation launched to raise money aka: Initial Publically Offering) both of these are based on risk investment based on speculation of greater growth and trade value.

This is why the SEC came down hard on ICOs, because they are almost identical to an IPO. That being a risk based investment based on speculative assumptions. These assumptions can easily be skewed with false projections and manipulated stock trading, hence, the SEC regulating the industry to prevent the fraud and misdirection and hype.

OK, enough about that. So Markethive founders originated a debt based instrument option, like a convertible note as defined here:

A convertible note is a type of short-term debt financing used in early-stage capital raises. In simplest terms, convertible notes are loans to early-stage start-up’s from investors who are expecting to be paid back when their note comes due. … In another way, you can think of a convertible note like an IOU.

The Incentivized Loan Program (ILP)

The Markethive ILP represents 1 share of 20% of Markethive’s net revenue. Net revenue is defined as:

Net revenue is calculated by subtracting cost of sales, including cost of goods sold, estimated returns or any allowances from gross revenue. … Gross is the total revenue you have earned for that period. Net revenue is what's left when all the costs have been taken out.

We are targeting to distribute less than 1000 ILPs. But for the purpose of this illustrated article, we will assume we have delivered 1000 ILPs. ILPs can be broken into fractions thereof down to 1/1000 of an ILP. We will be building a dedicated internal ILP Markethive exchange where Markethive members can buy and sell their ILPs or fractions of their ILPs.

To really understand how and what these ILPs represent, I explain that there is Gold and then there are oil wells (nodding donkeys).


Gold is held as a store of wealth and over time it rises in value.

(Altcoins like Bitcoin or MHV coin is a better option today).

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Oil Wells produce about 10 gallons crude oil an hour. 
At today’s prices a barrel of oil is selling on the market at $55 per barrel. That makes an oil well potential around $9,500 per month. I would opt for Oil Wells way over Gold bars. 

ILPs are likening to the oil well. And here is a solid projected illustration of the Markethive ILPs based on existing growth metrics, similar company’s data and our projections of growth. 

Martkethive has been in operational beta since June 2015. Since that time we have tracked 5 unique trends:
Alexa, Milestones, Membership, Revenue, New Signups and Transaction.

We have hit every milestone and our traction is increasing exponentially.

LinkedIn can be considered one of the closest, and targeted social networked competitors to Markethive. Considering LinkedIn has over 575 million active subscribers throughout the world: The top 3 being (1) The United States (2) India and (3) China representing over 70% of the market.

image and data from research site Kinsta (August 2019) https://kinsta.com/blog/linkedin-statistics/

LinkedIn achieves a 39% upgrade to their loyalty plans. These plans offer nothing more than greater and deeper access into the data of other members, visitors, searches and 3+ levels deep messaging.


image and data from research site Kinsta (August 2019) https://kinsta.com/blog/linkedin-statistics/

Based on these facts, and our data of growth as well as continued development and achieving our milestones over  the past 4 years, the following speculation is backed up by real numbers and solid trends.

We are super confident we will exceed 5 million members in 2 years. In fact we are confident; we can attain 50 million members. Based on these numbers, we can expect the following growth:

10% of our 5 million members upgrading to one of our loyalty programs, (Entrepreneur One*, Two, etc.) at $100 per month would equate a monthly income of $50 million per month. 20% of that (after net revenue) would approximate to $10 million per month. Now divided by 1000 ILP shares, would represent a monthly projected revenue of $10,000 per month (as the company grows the revenue will reflect that growth) for a projected duration of 20 years before the loan becomes due (balloon payment). ILPs are now listed at $100,000 per ILP. When we first offered ILPs they were listed at $10,000, but as ILPs have been acquired and Markethive gets closer to exponential growth, the value of ILPs will continue to increase.

What if we reach 50 million and beyond subscribers? 

A similar scenario as LinkedIn with 575 million and a 39% loyalty program upgrade would produce the following results with a Markethive ILP.

575 million members with a 39% upgrade would yield 225 million upgraded members paying $100 per month would result in $2.2 billion in revenue, per month. 20% of that would yield $440 million. Divide that by the max 1000 ILPs for a sum of $444,000 per month. 

Now you understand why we call the ILP an oil well. 

How do you get your share of ILPs? I mean if you want to acquire and own your share of them.

You can wait for the ILP exchange to be completed and the Markethive wallet in place and then buy ILPs or shares from other members in the exchange.

Or…

You can purchase ILP shares or partial shares from us (Markethive) directly. We sell full shares and fractions there of as small as 1/100th for $1000.

Or… 

You can upgrade to Entrepreneur One and receive a 1/10th share every year for up to 10 years, that works out to $1,200 a year and receive a 1/10th share. Considering the above article, that is a deal that is not going to last forever. And once you have an Entrepreneur One account and stay current, you keep that account as long as you want.

There are scores of other huge advantages to an Entrepreneur One account and I suggest you make yourself aware of them. We are in Beta and start up and the advantages you get today will not last long.

Go see what else Entrepreneur One gives you.

https://markethive.com/group/marketingdept/blog/the-12-points-of-the-entrepreneur-one-upgrade

Then there is one more way to acquire an ILP or share of one, “Our contests”. These contests are announced and fulfilled in our live webinars on Sunday. 

This means to know about these contests and to win, you must be present. In fact tomorrow a huge contest will be announced. And it is an easter egg hunt. 

 

 

 

 

David https://markethive.com/david-ogden

Adding Video Content to Your Social Media Strategy

Adding Video Content to Your Social Media Strategy

The impact of social media has altered all kinds of industries.

The value of having a presence online has never been greater. Word-of-mouth marketing that once occurred in small social circles or at the office now takes place online?—?a much larger platform for communication. That value is steadily increasing as time goes on. Now more than ever, brands are able to reach larger audiences with recommendations, partnerships, and ambassadors on social media.

The projected figure for social media users this year will land somewhere around 2.62 billion. Social media now attracts users of all ages. Unfortunately, some brands still underestimate the power of social media. Even though brands may have opted out of creating an online presence due to their demographic in the past, now even once a large following has been established, some accounts may not take full advantage of the potential they have.

What do users like?

Different types of content are gaining traction online, including video content and live streaming. While these may seem new, foreign, and maybe even intimidating to certain brands, it is hard to ignore that this is the content users are beginning to prefer. In fact, according to Cisco, online videos will make up more than 80% of all consumer internet traffic (85% in the US) by 2020. Understanding how to engage an audience with video content and live streaming is vital to increase and properly utilize a company’s online presence. Fortunately, these types of content are also excellent for driving site traffic.

How can companies utilize video on social media?

In order to increase engagement and clicks, create an introduction video or demo a new product. Companies can record and package a short and sweet video or conduct a live stream to engage social media users in a live conversation with brand experts, developers, or ambassadors. Another great piece of content to create for your social media platforms are how-to videos. These can be formatted in jump-cut style steps and are great for highlighting how a product can be used in creative ways. You may recall on your personal social media feed viewing some very satisfying cooking how-to videos. They are always very brief and cleanly executed (for some great examples, take a peek at Tasty Presents). This is the type of content that users are beginning to prefer.

Event coverage is also a great way to grow your brand reputation online. Again, this can be through an edited piece of footage, or through a live stream. Live streams are great for events because they allow users who could not attend to feel like they get to be a part of the experience. They also allow your customers to ask questions on the spot which can create greater company transparency and customer loyalty.

Create, learn and start again.

As with any online activity that a company may conduct, it is important to gather data garnered from video content or live streaming. How many views did your content receive? How many users watched the entire piece of content or stream? How many users dropped off after a certain point? How many users asked questions, left comments, or shared your content? How did your company’s site traffic change once the content was released? How did site traffic and online content impact sales?

Although video content requires a certain level of planning, production, and execution that may surpass what your brand has accomplished in the past with simply photo content alone?—?it is undeniable the potential benefits that video content can have. In order to fully reap the benefits of digital video content creation, data must be recorded and analyzed.

Business Insider reported on a finding by Zenith, predicting that global online video consumption will grow by an average of nine minutes per day each year until 2020. These findings support the idea that the digital video audience is becoming more engaged?—?something all companies with an online presence, seeking to increase site traffic, engagement, and sales, should be aware of.

Article Produced By

Megan Gonzales

Revenue-generating, brand-building marketer. PNW explorer. Yogi. Animal enthusiast. Marketing Manager.

https://medium.com/@megangonzales/adding-video-content-to-your-social-media-strategy-70263056c712

 

David https://markethive.com/david-ogden

A token airdrop may not spare you from securities regulation

Blockchain token based projects need network effects.

There needs to be a mechanism for fairly and widely distributing tokens to in order for the project to function well upon launch. A popular method thus far has been to sell those tokens in advance to prospective users of the network that are interested in crowdfunding its development. Another, lesser known, strategy is an “airdrop.”

In an airdrop, a project’s creators can take a snapshot of a public blockchain, such as Bitcoin’s or Ethereum’s, and send tokens to all wallet addresses containing some number of bitcoin or ether at the time the snapshot was taken. This requires no action on the recipient's part other than to take whatever steps are needed to take control of the tokens once they have been gifted. It can be a way to jumpstart a community by instantly putting tokens in the hands of a lot of people with a proven level of cryptocurrency savvy. This seems like something totally new and unique to token projects, right? Not really. It turns out people have tried airdropping before, but with stocks. And the SEC did not look favorably

upon the tactic.

In each of the four cases, the investors were required to sign up with the issuers' web sites and disclose valuable personal information in order to obtain shares. Free stock recipients were also offered extra shares, in some cases, for soliciting additional investors or, in other cases, for linking their own websites to those of an issuer or purchasing services offered through an issuer. Through these techniques, issuers received value by spawning a fledgling public market for their shares, increasing their business, creating publicity, increasing traffic to their websites, and, in two cases, generating possible interest in projected public offerings.

So, since the SEC has found that some tokens can be securities, if you are considering using an airdrop token distribution be warned that even giving away tokens is not necessarily free from scrutiny under securities law.e briefed Congress on tracking illicit cryptocurrency use and moderated a convening on ICO regulatory uncertainty.

This was a big week for cryptocurrency in DC.

On Tuesday, members of Congress and over 50 representatives from the crypto industry convened at the Library of Congress for a roundtable entitled “Legislating Certainty for Cryptocurrencies.” The event was organized by Rep. Warren Davidson and also attended by Reps. Tom Emmer, Ted Budd, and Darren Soto. Coin Center executive director Jerry Brito moderated the event, and entrepreneurs voiced their concerns about the lack of clarity around when exactly a cryptocurrency token is or is not a security.

Following the roundtable, 14 members of Congress, led by Rep. Budd, sent a letter to SEC Chairman Jay Clayton echoing the concerns of cryptocurrency innovators and asking for more clarity around the regulatory treatment of these networks. In another event in Congress on Wednesday, in conjunction with the the Congressional Blockchain Caucus, Coin Center put on a briefing about the tools law enforcement has to track illicit use of cryptocurrencies. Blockchain forensics company Elliptic presented how their product works with real-world examples of illicit funds being traced by law enforcement. Reps. Emmer and Schweikert also gave remarks highlighting the importance of getting the regulatory approach to these technologies right and preserving a fertile climate for innovators in America.

Article Produced By

Peter Van Valkenburgh

https://coincenter.org/link/a-token-airdrop-may-not-spare-you-from-securities-regulation

 

David https://markethive.com/david-ogden

What is cryptocurrency?

What is cryptocurrency?

 

Bitcoin is a form of cryptocurrency 

Cryptocurrency is a form of digital money that is designed to be secure and, in many cases, anonymous. It is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers. Cryptography was born out of the need for secure communication in the Second World War. It has evolved in the digital era with elements of mathematical theory and computer science to become a way to secure communications, information and money online. The first cryptocurrency was bitcoin, which was created in 2009 and is still the best known. There has been a proliferation of cryptocurrencies in the past decade and there are now more than 900 available on the internet. Here's everything you need to know about cryptocurrencies. 

How do cryptocurrencies work? 

Cryptocurrencies use decentralised technology to let users make secure payments and store money without the need to use their name or go through a bank. They run on a distributed public ledger called blockchain, which is a record of all transactions updated and held by currency holders.

Units of cryptocurrency are created through a process called mining, which involves using computer power to solve complicated maths problems that generate coins. Users can also buy the currencies from brokers, then store and spend them using cryptographic wallets. Cryptocurrencies and applications of blockchain technology are still nascent in financial terms and more uses should be expected. Transactions including bonds, stocks and other financial assets could eventually be traded using the technology.  

What are the most common cryptocurrencies? 

  • Bitcoin:
     
    Bitcoin was the first and is the most commonly traded cryptocurrency to date.  The currency was developed by Satoshi Nakamoto in 2009, a mysterious figure who developed its blockchain. It has a market capitalisation of around $45 billion as of July 2017. 
  • Ethereum:
     
    Developed in 2015, ethereum is the currency token used in the ethereum blockchain, the second most popular and valuable cryptocurrency. Ethereum has a market capitalisation of around $18bn as of July 2017. However, ethereum has had a turbulent journey. After a major hack in 2016 it split into two currencies, while its value has in recent months reached as high as $400 but crashed briefly to as low as 10 cents.
  • Ripple:
     
    Ripple is another distributed ledger system that was founded in 2012. Ripple can be used to track more kinds of transactions, not just of the cryptocurrency. It has been used by banks including Santander and UBS and has a market capitalisation of around $6.3 billion.
  • Litecoin: 
    This currency is most similar in form to bitcoin, but has moved more quickly to develop new innovations, including faster payments and processes to allow many more transactions. The total value of all Litecoin is around $2.1 billion.

Why would you use a cryptocurrency?

Cryptocurrencies are known for being secure and providing a level of anonymity. Transactions in them cannot be faked or reversed and there tend to be low fees, making it more reliable than conventional currency. Their decentralised nature means they are available to everyone, where banks can be exclusive in who they will let open accounts.  As a new form of cash, the cryptocurrency markets have been known to take off meaning a small investment can become a large sum over night. But the same works the other way. People look to invest in cryptocurrencies should be aware of the volatility of the market and the risks they take when buying.

Chuck Reynolds


Marketing Dept
Contributor
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

Why the feds took down one of Bitcoin’s largest exchanges

Why the feds took down one of Bitcoin’s largest exchanges

Tracing Mt. Gox’s stolen coins led feds to Alexander Vinnik

  This week, one of Bitcoin’s largest and most notorious coin exchanges

was brought down by law enforcement — and police and prosecutors are now beginning to explain why. On Thursday, the Department of Justice unsealed an indictment against Alexander Vinnik — thought to be the operator, or one of the operators of Bitcoin exchange BTC-e — charging him with 21 counts of money laundering and other related financial crimes. The counts range from operating an unlicensed money transmittal business to a variety of money laundering charges, including laundering associated with ransomware payouts and a theft from the now-defunct Mt Gox exchange. More generally, the indictment paints BTC-e as a hub of criminal activity, laundering the proceeds of everything from drug trafficking to ransomware attacks.

As some suspected, Vinnik’s alleged crimes go beyond just operating the exchange. Feds believe he played a role in the theft of more 800,000 bitcoin — about $400 million at the time — from Mt. Gox, a staggering loss that ultimately shuttered the exchange. According to the indictment, 530,000 of those bitcoin ended up passing through wallets controlled by or associated with Vinnik, although his role in the larger scheme remains unclear.Vinnik’s alleged crimes go beyond just operating a Bitcoin exchange

Vinnik himself is in custody, arrested while on vacation in Greece, but the Bitcoin world is still sorting through the larger implications of his arrest. BTC-e was one of the last major exchanges outside the reach of conventional finance, and now that it’s gone, it’s unclear what might replace it. There are many legitimate uses of Bitcoin, but Bitcoin transactions have also become essential for online crime — whether it’s ransomware or Silk-Road-style online marketplaces. There will continue to be demand for exchanges like BTC-e, and ____. With feds directly targeting exchanges that don’t play by the book, the split between the two halves of Bitcoin is becoming starker and starker.

BTC-e, founded in 2011, always stood out as an anomaly among the major Bitcoin exchanges. Even a cursory look at BTC-e flagged it as a little strange. “Their exchange prices always seemed weird and out of line with every other exchange, and I had wondered why,” Matthew Green, a professor at Johns Hopkins University told The Verge in an email.

Nicholas Weaver wrote at Lawfare that BTC-e was noted for its “sketchy ownership and control.” The exchange was supposedly located in Eastern Europe, but there were no clues as to who ran it — until now.300,000 bitcoin from Mt. Gox went to wallets tied to “BTC-e administrative accounts” But the big surprise in the indictment is how closely tied BTC-e is to a massive theft at Mt. Gox, one that eventually bankrupted the exchange in 2014. Founded in 2010, Mt. Gox dominated the Bitcoin world for years, at one point processing 80 percent of all bitcoin-to-currency transactions. Mt. Gox first suffered a multimillion-dollar theft in June 2011. When the exchange collapsed in 2014, the equivalent of nearly half a billion dollars was unaccounted for.

On Wednesday, in the wake of the arrest of Vinnik, WizSec published a blogpost presenting the findings of an investigation into the Mt. Gox thefts that they have apparently been preparing for years. According to WizSec, the Mt. Gox hot wallet private keys were stolen sometime in 2011, and the hacker (or multiple hackers) continued to steal bitcoin through 2012 and 2013. The bitcoin were laundered through wallets controlled by Alexander Vinnik. The indictment claims that 300,000 bitcoin were stolen from Mt. Gox went directly to three connected BTC-e accounts “directly linked” to “BTC-e administrative accounts” that only BTC-e admins and operators could have had access to.

At least one of the accounts — under the name “Vamnedam” — was controlled by Vinnik and “others known and unknown.” (The “others known” are either not named in the indictment or have been redacted from the published document.)Many of the charges allege more straightforward money laundering" More bitcoin from the theft were sent to other Mt. Gox wallets and wallets at a third exchange — the now-defunct Tradehill, which operated out of San Francisco, California. From there, they eventually ended up at BTC-e, in an account that was directly controlled by Vinnik. WizSec also claims that the wallets that laundered Mt. Gox coins also handled “coins stolen from Bitcoinica, Bitfloor and several other thefts from back in 2011 and 2012.”

It’s not clear whether Vinnik was directly involved in the Mt. Gox theft, or how close he is to any of those previous thefts, or even the CryptoWall ransomware hackers whose funds he is accused of laundering. But when it comes to Mt. Gox, at least, BTC-e’s proximity to the theft is fairly suspicious.“Anybody who thought about this for a second understood that law enforcement was working on a case against BTC-e" While the Mt. Gox allegations are the most eye-catching, many of the charges that brought down BTC-e allege more straightforward money laundering. The very first count listed in the indictment is for operating an unlicensed money-transmitting business: a criminal charge based on failing to register with FinCEN, an intelligence network that’s mandatory for all financial companies dealing with US customers.

Participating in FinCEN comes with a range of requirements, from registration to internal anti-money laundering programs. Since 2013, it’s been clear that Bitcoin exchanges had to follow those same rules, and for the most part, exchanges have complied — and prosecutors haven’t been shy about filing charges against services that don’t. In recent years, BTC-e has been the largest Bitcoin exchange not registered with FinCEN, a distinction that made it an obvious target for law enforcement, even without Vinnik’s alleged Mt. Gox involvement. “Anybody who thought about this for a second understood that law enforcement was working on a case against BTC-e,” said Jerry Brito, executive director of Coin Center. “The question was just whether the government would catch them.”“designed so that criminals could effect financial transactions under multiple layers of anonymity”

Where other counts in the indictment focus on money transfers linked to theft and ransomware, the first two — operation of an unlicensed money transmitter and conspiracy to commit money-laundering — focus on the technological capabilities of BTC-e itself, claiming that the exchange had a “criminal design.” “BTC-e’s system was designed so that criminals could accomplish financial transactions with anonymity and thereby avoid apprehension by law enforcement or seizure of funds,” the indictment says, pointing out that BTC-e only required “a username, password, and an email address,” unlike “legitimate payment processors or digital currency exchangers.” The indictment also points to suspicious usernames like “ISIS,” “CocaineCowboys,” “blackhathackers,” “dzkillerhacker,” and “hacker4hire” as additional support for the money-laundering allegations.

The language in the indictment about BTC-e’s “criminal design” mimics the indictment against Liberty Reserve — an anonymous currency service taken down by law enforcement in 2013 — which also accused the online exchange of having a “criminal design” and a system “designed so that criminals could effect financial transactions under multiple layers of anonymity.” (The Liberty Reserve indictment also took the time to point out that account names on the site included “Russia Hackers” and “Hacker Accounts.”) BTC-e’s website claimed that they required customers to provide proof of identity — namely, a scanned ID card and a scanned utility bill or bank statement — and forbid any US customers, letting them off the hook for FinCEN registration. But neither turned out to be true, according to the indictment.“Exchanges will go one of two ways. Either they’ll clean up their act… or they’ll go fully underground.”

Now that BTC-e is down for good, it could have a profound impact on the criminal ecosystem more broadly. BTC-e handled about 5 percent of total Bitcoin transactions, but recent research found that as much as 95 percent of ransomware cashouts happened through the platform. With most comparably sized exchanges already registered under FinCEN, the takedown could make it both harder and riskier for criminals to cash out — something law enforcement seems to be counting on. In the same Lawfare piece, Weaver says he thinks taking down BTC-e “will probably prove more important than the AlphaBay and Hansa takedowns” in fighting online crime. For Bitcoiners less invested in law enforcement’s war on dark web marketplaces, the lesson is a more ambiguous one. Cornell professor Emin Gun Sirer says the focus on FinCEN compliance could lead to a lasting split in Bitcoin markets, as exchanges face the choice of whether to comply with US government demands.

“Exchanges will go one of two ways,” Sirer says. “Either they will clean their act, by first shopping for the most lenient jurisdictions and complying with relevant KYC/AML laws, or they'll go ‘fully underground,’ and operate with no rules, behind Tor and other anonymous communication technologies. The most colorful drama ahead will involve exchanges, such as Bitfinex, that operate in the gray zone, where they seem to neither comply with relevant laws nor go fully underground.” For a technology with a surrounding community built on libertarian ideas, that may be a difficult pill to swallow. But as the past week has made clear, those that don’t will be taking a very serious risk.

Chuck Reynolds


Marketing Dept
Contributor
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden