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Topic: [ANN][NOXT] - NobleNXT Proposal/Whitepaper - Noble's 1st Colored Coin - page 13. (Read 194194 times)

legendary
Activity: 1232
Merit: 1000
anything happening??

Watching payments and coin additions, working on the Noble app., primarily secondary fintech app. due September, and watching the ETH/DAO drama.
hero member
Activity: 544
Merit: 500
so Polo is history. Are there other exchanges that list NXT assets???

wow, that's a damn shame Sad
legendary
Activity: 2086
Merit: 1001
legendary
Activity: 2086
Merit: 1001
so Polo is history. Are there other exchanges that list NXT assets???
hero member
Activity: 1068
Merit: 523
Quote
@rofo, have you thoughts on recent australian gov response to senate inquiry into digitial currencies and fintech?

Recommendation 1 and 4 applies to me/NOXT immensely, 2 not so much, 3 I interpret as "finance traditionalists in bed with government will be given keys to blockchain to continue business as usual".

The current legal and regulatory state of crypto. in general is why I'm not rushing into anything before a more baseline framework/understanding is established in the space. I do think most people currently in crypto. will leave and be replaced once AML/KYC becomes mandatory and the shenanigans/manipulation/p&d games forced out of most markets are forced out of here.

I can also guarantee from personal experience all government mentioning of groups, bodies, invitations and advice is little more than posturing at this point. Most emails will go unanswered and those that don't are an "I'm not sure, yet", and there is a particular group in Australia I think I've applied for membership on their website half a dozen times now with zero response. To me it's all an indication that we're just not close to being "there" yet, wherever that is, and I wonder where "there" is with the focus now on centralized, permission-based, closed blockchain applications (defeating the purpose of BTC entirely).

So on one hand my thoughts are I need to be patient and wait, on the other I wonder if there is even a point in waiting if we end up with closed bank and Microsoft blockchains databases.

+1

I agree that regulatory certainty is still a while away in australia. One implication from those recommendations that I'm still not sure about is how changing bitcoin from being an 'intangible asset' to a 'currency' will effect any possible capital gains tax. It will remove double GST, but CGT I'm still not sure about

As for AML/KYC , I think for the vast majority of people that'll be a good thing when it comes in, and it'll usher in a more 'professional' era for digital currencies. For those that want to stay 'dark' there will still be plenty of alternatives like Monero & SuperNET & Dash & zCash, but for most regular people who want to use an intermediary like blockchain.info, they'll actually want increased regulations if it means they can do less due diligence themselves.

I've found the same thing myself when contacting the ATO & AUSTRAC & ASIC asking there position on crypto currencies - very few people know the regulations inside the government and bureaucratic agencies. One guy from the ATO who did reply did use the phrase "in good faith" multiple times when trying to explain the ATO's policy. I took this to mean in this pioneering phase for crypto, if you do something now that later becomes illegal, but you took steps to "act in good faith" by emailing someone relevant and asking questions, then in all likelihood you'd be OK, but you'd have to alter your behaviour to comply promptly.

I think for NOXT it is OK to jump in now and "act in good faith", but be ready for AML/KYC in 1-2 years time.
legendary
Activity: 1232
Merit: 1000
Quote
@rofo, have you thoughts on recent australian gov response to senate inquiry into digitial currencies and fintech?

Recommendation 1 and 4 applies to me/NOXT immensely, 2 not so much, 3 I interpret as "finance traditionalists in bed with government will be given keys to blockchain to continue business as usual".

The current legal and regulatory state of crypto. in general is why I'm not rushing into anything before a more baseline framework/understanding is established in the space. I do think most people currently in crypto. will leave and be replaced once AML/KYC becomes mandatory and the shenanigans/manipulation/p&d games forced out of most markets are forced out of here.

I can also guarantee from personal experience all government mentioning of groups, bodies, invitations and advice is little more than posturing at this point. Most emails will go unanswered and those that don't are an "I'm not sure, yet", and there is a particular group in Australia I think I've applied for membership on their website half a dozen times now with zero response. To me it's all an indication that we're just not close to being "there" yet, wherever that is, and I wonder where "there" is with the focus now on centralized, permission-based, closed blockchain applications (defeating the purpose of BTC entirely).

So on one hand my thoughts are I need to be patient and wait, on the other I wonder if there is even a point in waiting if we end up with closed bank and Microsoft blockchains databases.
legendary
Activity: 1050
Merit: 1000
Take a look at NEWBIUM for consideration to add to NOXT app:

https://bitcointalksearch.org/topic/ann-newb-the-crypto-markets-dirty-little-secret-1418497

It's a tool (different tools) for novice crypto investors.

hero member
Activity: 803
Merit: 501
I have added potential support for DAO and LSK to the app. They will appear today.
Awsome tons of new crypto, Lots of talk around those two. should bring in plenty of new lookers. Thanks Rofo.     Fish
hero member
Activity: 1068
Merit: 523
@rofo, have you thoughts on recent australian gov response to senate inquiry into digitial currencies and fintech?

https://www.scribd.com/doc/312261888/Australian-Government-Response-to-Senat-Currency-Game-Changer-or-Bit-Player


How will this effect you & NOXT in the future?

The inquiry made four recommendations, one & four will effect NOXT the most

Quote
Recommendation 1
The committee is of the view that digital currency should be treated as money for the purposes of
the goods and services tax. As such, the committee recommends that the government consults
with the states and territories to consider amending the definition of money in the A New Tax
System (Goods and Services Tax) Act 1999 and including digital currency in the definition of
financial supply in A New Tax System (Goods and Services Tax) Regulations 1999


Quote
Recommendation 2
The committee recommends that further examination of appropriate tax treatment of digital
currencies should be included in the taxation white paper process, with particular regard to
income tax and fringe benefits tax.

Quote
Recommendation 3
The committee recommends that the Australian Government consider establishing a Digital
Economy Taskforce to gather further information on the uses, opportunities and risks associated
with digital currencies. This will enable regulators, such as the Reserve Bank of Australia and ASIC,
to monitor and determine if and when it may be appropriate to regulate certain digital currency
businesses. In the meantime, the committee supports ADCCA’s continued development of a selfregulation
model, in consultation with government agencies.

Quote
Recommendation 4
The committee recommends that the statutory review considers applying AML/CTF regulations to
digital currency exchanges.
sr. member
Activity: 264
Merit: 250
@rofo, have you thoughts on recent australian gov response to senate inquiry into digitial currencies and fintech?

https://www.scribd.com/doc/312261888/Australian-Government-Response-to-Senat-Currency-Game-Changer-or-Bit-Player


How will this effect you & NOXT in the future?
member
Activity: 106
Merit: 10
I have added potential support for DAO and LSK to the app. They will appear today.

Wonderful! Would be awesome if NOXT could surf either/both of those WAVES!
legendary
Activity: 1232
Merit: 1000
I have added potential support for DAO and LSK to the app. They will appear today.
legendary
Activity: 2100
Merit: 1012
Europecoin Financecloud API
thx for update jason

regarding federated blockchain initative
https://bitcointalksearch.org/topic/m.14942070
if u as it looks now just represent NOXT can u relay the invite to whoever represent NOBLE this days

eagleflies  or is there some community group managing it together with him




Exactly both projects are highly welcome

rofo, i would feel honoured to see you in our thread
and in terms of "relayed persons":
anybody invited by cryptonite, is invited by me
dead simple  Grin
have fun
Matthias


.

legendary
Activity: 1232
Merit: 1000
- 0.2.1 will be live in 6 hours when I am back home (Patch notes)
- 0.3 patch notes will become available at that time, showing all changes that were incoming
- 0.3 will include the ability to shift coins into NOXT and vice versa via Shapeshift
- 0.3+ will include other methods to purchase/trade NOXT in light of Poloniex
- Coin addition will become simplified on this page, rather than done manually/by discussion
- Currently finalizing the NXT addresses and PC/wallet security for the above page
- For many of you wanting to relieve yourself of NOXT getting active in coin support will make that easier/burn large quantities
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
thx for update jason

regarding federated blockchain initative
https://bitcointalksearch.org/topic/m.14942070
if u as it looks now just represent NOXT can u relay the invite to whoever represent NOBLE this days

eagleflies  or is there some community group managing it together with him

legendary
Activity: 1554
Merit: 1000
Thanks for the updates, sorry to hear about your other partnership.

Today's thought: If you answered peoples questions when they were asked (e.g. three weeks ago), maybe people wouldn't get so "toxic" and "try to write off what you have done". Personally I don't think there is anything of the sort, you just need to keep a more regular presence in the thread so that people know you are still around. I know you don't like to announce anything until it is done, which is a good principle to live by, but what about "hey guys, just working on version 0.3.0 but don't want to promise anything".

But hey, maybe that is just my opinion. We have had this argument many many times before, and probably will again, so I shall leave it at that.

I look forward to having a go with the latest version of the app.
Around and around we go.  Roll Eyes

The really annoying part of this invented drama by Rofo, is that he comes here to read whats being said/asked for/commented on, and then chooses to not reply, which he has admitted to.
hero member
Activity: 691
Merit: 500
Thanks for the updates, sorry to hear about your other partnership.

Today's thought: If you answered peoples questions when they were asked (e.g. three weeks ago), maybe people wouldn't get so "toxic" and "try to write off what you have done". Personally I don't think there is anything of the sort, you just need to keep a more regular presence in the thread so that people know you are still around. I know you don't like to announce anything until it is done, which is a good principle to live by, but what about "hey guys, just working on version 0.3.0 but don't want to promise anything".

But hey, maybe that is just my opinion. We have had this argument many many times before, and probably will again, so I shall leave it at that.

I look forward to having a go with the latest version of the app.
legendary
Activity: 1232
Merit: 1000
good to finally hear from you, hope its not too little too late with Polo!? Have you considered the omni protocol as an alternative to NXT ?? , and waves is launching soon will be the go to place for assets. any idea when pay and gift will work on noblemovement.com?

Pay and gift will work on the simple anonymous level this month. I wanted it with 0.3.0 but will rush out what was to be a polished package in stages starting today. I won't be putting any more work into the web version since I don't want to split my time developing between different platforms right now. I'd rather have people on the app. for the AML/KYC and mobile/geolocation capabilities. I haven't considered any alternatives to those originally outlined in the paper and won't for a while, since none other are proven as of yet.

If Polo. delists their will be options in-app instead and the NXT asset exchange. The automated coin-addition page and NXT addresses are being made live right now. The app. will have an immediate update today to 0.2.1 working with 'active' coins only, and the work-in-progress patch notes that were due to be released with 0.3.0 will be published today rather than when the patch is made live.
legendary
Activity: 2086
Merit: 1001
good to finally hear from you, hope its not too little too late with Polo!? Have you considered the omni protocol as an alternative to NXT ?? , and waves is launching soon will be the go to place for assets. any idea when pay and gift will work on noblemovement.com?
legendary
Activity: 1232
Merit: 1000
In response to the me trading/buying/manipulating/pushing price lower: I own (correction, 31,000 NOXT now) on a single account on Poloniex which is linked to my personal details (they have them all, including scanned documentation, and know it's my account). I've bought at any price over the last year. I don't market make or sell to prevent any accusations like those thrown around to have a genuine impact if I am investigated for any reason (and I have been already).

Poloniex never contacted me or let me know about the removal, else I would have handed over info. on the latest updates and screenshots being prepared for the next release (0.3). I just found out right now. I will contact them on a request to stay listed and ask a price. The site has always been up, the app. continues to be functional.

I don't visit or respond on this thread because the same posts from the same suspects makes me want to write off all the work done, which isn't something I genuinely want to do. That won't change and it's obvious: I hate this thread but keep it up out of principle. Which is why I've given my personal contact details: for people to talk to me directly.

If Poloniex will not keep the asset on I will most probably port the coins over to the colored coin exchange on BTC blockchain. Else they will become more easily exchangeable in-app.

I don't 'own' or control any keys to any asset. Still tempted to lock this thread. Feel free to make payments or purchases in-app.

Edit: And that's exactly why I used the NXT asset exchange, after all the major hacks and delistings of NOBL (Coinmarket.io, Coinex, Mintpal, Cryptsy), and fees of 20+BTC to remain listed at discretion of said exchange, I wonder why you still use them.

Edit: Since my hand is being forced once again I will now rush out 0.3 patch notes and release, and worry about polish later.
- The coin addition payment pages will appear today, being uploaded and tested as I type, the addresses will appear once the wallet is synced on a fresh PC. Current price is 5000 NOXT (burnt to NXT universal burn address) for one year addition, since no votes or decision was made here, that can be changed now that I've set a baseline.
- 0.3 patch notes I'll release tonight after revising what I can rush out in a shorter time frame
- All the purchases and payments will be made live
- I will mash up a Shapeshift/BTC functionality in-app to allow you to buy/sell NOXT and tie in functionality to the NXT asset exchange rather than Polo prices/volume
- The second finTech app. I've been announcing for over a year is tentatively due September. ACL has been applied for, banks are signing up, trust and company formed. It was valued, there was a legal battle over IP and ownership. I opted out of a toxic partnership for a decent stake in the app., which will provide a much better state of funding and market purchases for the NOXT paper and ideas once it's live. I split and formed a new company for a standalone ACL, AFSL and my own bank partnerships and crypto/NOXT to move solo individually after the issues. That's more than I wanted to say on the matter this early and until it's released and is all I will say for now.

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