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Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 259. (Read 2170648 times)

full member
Activity: 427
Merit: 101
Doesn't look good here. More like a large dump soon ...
full member
Activity: 322
Merit: 100
Not really, it's Russia! Smiley
Using cracked (pirated) software - up to 5 years in prison (the law).
At the same time, 90% of users use unlicensed (cracked) software Smiley
So with cryptocurrency (buy/sale) will be all the same. Nothing changes, we will just less discuss it in the forums and twitter.

Unless they go crazy, and fuck you over, you are at their mercy.
Anyhow I had a better opinion on Russia. Still this is only a fine for crypto, so I guess it discourages the small players, but the big sharks have nothing to be concerned of.
sr. member
Activity: 416
Merit: 250
That shows how large the fear of a mass exchange from Rubel to crypto currencies is. it could the Russian currency bring to fall.

Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Yeah.. they've been threatening for a while now.  Luckily not as many Russians in crypto.

Wonder how well a miner clone coin "Russia coin" would do Smiley

Not really, it's Russia! Smiley
Using cracked (pirated) software - up to 5 years in prison (the law).
At the same time, 90% of users use unlicensed (cracked) software Smiley
So with cryptocurrency (buy/sale) will be all the same. Nothing changes, we will just less discuss it in the forums and twitter.
hero member
Activity: 619
Merit: 500
-[PROMO]- Second Burstcoin.de Asset
Asset with 50% Monthly Payout oft the Pool Fee / Highly Secure, whats about 1% interest per month

Info about the asset look here: https://bitcointalksearch.org/topic/m.11495348

For every 100 assets you buy until the 07th of June 2015, you get 5 assets for free.
If you are a miner at my pool, you get additional 1 asset per 100 bought free.


Just buy and PM me here with your BURST ID, the number of assets you bought with time and date. I will transfer the free assets to your account.

Have Fun!

Bonus assets transfered.
full member
Activity: 171
Merit: 100
May be something like this can attract more users towards Burstcoin,

https://bitcointalksearch.org/topic/m.11549570

tyz
legendary
Activity: 3360
Merit: 1533
That shows how large the fear of a mass exchange from Rubel to crypto currencies is. it could the Russian currency bring to fall.

Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Yeah.. they've been threatening for a while now.  Luckily not as many Russians in crypto.

Wonder how well a miner clone coin "Russia coin" would do Smiley
full member
Activity: 322
Merit: 100
what? now you make it 14? you troll!!! You have 15 million to dump don't you? Guess what! Nobody's buying it
full member
Activity: 322
Merit: 100
Great News. Very BIG PUMP is Coming. Train is leaving ...

You're supposed to put the wall on buy list, I think you got this wrong.

Make like 10 BTC wall @83 but on buy list, right?
hero member
Activity: 539
Merit: 500
Time to move to the US. Wink

you know... I'd start another bounty, but I'm afraid they're gonna suspend my account for this one  Grin

anyhow, us is semi-gay about this, move to germany, that's way better

Hmmm..... good beer, but too many Germans there .....  Wink

Neewwww Zealand or Australia....they never gonna do anything about crypto Cheesy

so transfer my coins back to one of the motherlands then? Wink
hero member
Activity: 588
Merit: 500
Time to move to the US. Wink

you know... I'd start another bounty, but I'm afraid they're gonna suspend my account for this one  Grin

anyhow, us is semi-gay about this, move to germany, that's way better

Hmmm..... good beer, but too many Germans there .....  Wink

Neewwww Zealand or Australia....they never gonna do anything about crypto Cheesy
full member
Activity: 494
Merit: 100
Great News. Very BIG PUMP is Coming. Train is leaving ...
hero member
Activity: 539
Merit: 500
Time to move to the US. Wink

you know... I'd start another bounty, but I'm afraid they're gonna suspend my account for this one  Grin

anyhow, us is semi-gay about this, move to germany, that's way better

Hmmm..... good beer, but too many Germans there .....  Wink
full member
Activity: 322
Merit: 100
Time to move to the US. Wink

you know... I'd start another bounty, but I'm afraid they're gonna suspend my account for this one  Grin

anyhow, us is semi-gay about this, move to germany, that's way better
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
FYI:
NY state has just implemented regulations on virtual currencies.
Long and dry;

http://www.dfs.ny.gov/legal/regulations/adoptions/dfsp200t.pdf

Any exchange operating from NY needs a license and compliance officer; excerpt:

Section 200.3 License
(a) License required. No Person shall, without a license obtained from the superintendent as provided in
this Part, engage in any Virtual Currency Business Activity. Licensees are not authorized to exercise fiduciary
powers, as defined under Section 100 of the Banking Law.
(b) Unlicensed agents prohibited. Each Licensee is prohibited from conducting any Virtual Currency
Business Activity through an agent or agency arrangement when the agent is not a Licensee.
(c) Exemption from licensing requirements. The following Persons are exempt from the licensing
requirements otherwise applicable under this Part:
(1) Persons that are chartered under the New York Banking Law and are approved by the superintendent
to engage in Virtual Currency Business Activity; and
(2) merchants and consumers that utilize Virtual Currency solely for the purchase or sale of goods or
services or for investment purposes.

Well, we'll see how this will be adopted by other states/countries.

Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Time to move to the US. Wink
full member
Activity: 322
Merit: 100
1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Looks like comrade Putin is after you Blago, you're most wanted.
It puts you in the same bucket as gays... you know spreading information and stuff.

Not that I say you're gay, but Putin does
full member
Activity: 322
Merit: 100
Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Yeah.. they've been threatening for a while now.  Luckily not as many Russians in crypto.

Wonder how well a miner clone coin "Russia coin" would do Smiley

soon all this will be illegal everywhere. of course governments fear cryptos. let's just hope the situation out of their hands by now.
hero member
Activity: 527
Merit: 503
Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

Yeah.. they've been threatening for a while now.  Luckily not as many Russians in crypto.

Wonder how well a miner clone coin "Russia coin" would do Smiley
legendary
Activity: 1932
Merit: 1042
https://locktrip.com/?refId=40964
FYI:
NY state has just implemented regulations on virtual currencies.
Long and dry;

http://www.dfs.ny.gov/legal/regulations/adoptions/dfsp200t.pdf

Any exchange operating from NY needs a license and compliance officer; excerpt:

Section 200.3 License
(a) License required. No Person shall, without a license obtained from the superintendent as provided in
this Part, engage in any Virtual Currency Business Activity. Licensees are not authorized to exercise fiduciary
powers, as defined under Section 100 of the Banking Law.
(b) Unlicensed agents prohibited. Each Licensee is prohibited from conducting any Virtual Currency
Business Activity through an agent or agency arrangement when the agent is not a Licensee.
(c) Exemption from licensing requirements. The following Persons are exempt from the licensing
requirements otherwise applicable under this Part:
(1) Persons that are chartered under the New York Banking Law and are approved by the superintendent
to engage in Virtual Currency Business Activity; and
(2) merchants and consumers that utilize Virtual Currency solely for the purchase or sale of goods or
services or for investment purposes.

Well, we'll see how this will be adopted by other states/countries.

Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919

wow!!!
russians are really doing competition with CINA for Freedom of Information
ahahhah!!!

really good news!!!  Angry Angry Angry
sr. member
Activity: 416
Merit: 250
FYI:
NY state has just implemented regulations on virtual currencies.
Long and dry;

http://www.dfs.ny.gov/legal/regulations/adoptions/dfsp200t.pdf

Any exchange operating from NY needs a license and compliance officer; excerpt:

Section 200.3 License
(a) License required. No Person shall, without a license obtained from the superintendent as provided in
this Part, engage in any Virtual Currency Business Activity. Licensees are not authorized to exercise fiduciary
powers, as defined under Section 100 of the Banking Law.
(b) Unlicensed agents prohibited. Each Licensee is prohibited from conducting any Virtual Currency
Business Activity through an agent or agency arrangement when the agent is not a Licensee.
(c) Exemption from licensing requirements. The following Persons are exempt from the licensing
requirements otherwise applicable under this Part:
(1) Persons that are chartered under the New York Banking Law and are approved by the superintendent
to engage in Virtual Currency Business Activity; and
(2) merchants and consumers that utilize Virtual Currency solely for the purchase or sale of goods or
services or for investment purposes.

Well, we'll see how this will be adopted by other states/countries.

Russia. Changes in the legislation - with the possible penalties in August 2015:

1. Mining cryptocurrency - penalty from twenty thousand to five hundred thousand rubles ($350 - $9000).
2. Creation a software or distribution software for cryptocurrency - a penalty from thirty thousand to one million rubles ($530 - $18000).
3. Spread information of cryptocurrency - penalty from five thousand to three hundred thousand rubles ($90 - $5300).

http://base.consultant.ru/cons/cgi/online.cgi?req=doc;base=PRJ;n=129502
http://regulation.gov.ru/project/17205.html?point=view_project&stage=3&stage_id=16919
legendary
Activity: 1792
Merit: 1010
FYI:
NY state has just implemented regulations on virtual currencies.
Long and dry;

http://www.dfs.ny.gov/legal/regulations/adoptions/dfsp200t.pdf

Any exchange operating from NY needs a license and compliance officer; excerpt:

Section 200.3 License
(a) License required. No Person shall, without a license obtained from the superintendent as provided in
this Part, engage in any Virtual Currency Business Activity. Licensees are not authorized to exercise fiduciary
powers, as defined under Section 100 of the Banking Law.
(b) Unlicensed agents prohibited. Each Licensee is prohibited from conducting any Virtual Currency
Business Activity through an agent or agency arrangement when the agent is not a Licensee.
(c) Exemption from licensing requirements. The following Persons are exempt from the licensing
requirements otherwise applicable under this Part:
(1) Persons that are chartered under the New York Banking Law and are approved by the superintendent
to engage in Virtual Currency Business Activity; and
(2) merchants and consumers that utilize Virtual Currency solely for the purchase or sale of goods or
services or for investment purposes.

Well, we'll see how this will be adopted by other states/countries.

this is actually good, government is slowly preparing to embrace digital currency economy
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