Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1176. (Read 3058816 times)

Check out how your BTC equivalent proceeds have stayed constant – for a variety of reasons, but mainly because as price falls, mining falls, and difficulty falls, giving the miner more DGB rewards, and thusly keeping the BTC equivalent steady. Interesting observation I thought.


Overall heavy volume means that long term weak hands are being purged from the market and strong hands are taking advantage of that liquidation. It won’t last forever.



I’ve dealt with them and have nothing but positive things to say. It’s a very serious and solid looking business.



My sense is that Europe is by far and away the most serious about crypto-currencies. Leaps and bounds beyond the rest of the world as far as mentality and acceptance goes.



+1


ALSO:

I’ve got the original Myriad-Groestl srcxxx github optimized files if anyone is interesting in forking them - basically changing the name (since they’re open source to begin with) and then posting it to github. Send me a PM if you’re interested.


By the way, I’ve just passed the 12.5 million mark!

 

This is a great idea! They seam to have a really solid service! We are updating the website some more to inform people on the best & easiest way to get DigiBytes.

https://www.cryptocoinsnews.com/400-european-banks-accept-bitcoin-purchase-agreement/

Maybe "old" news but it's interesting!


More European banks are becoming associated with Bitcoin. While short-term investors see the dollar price drop on Bitcoin, and panic sell in droves, Bitcoin gains another major international deal signing in Europe. 247Exchange.com, based out of Belize, has secured an agreement with Sofort Banking, providing Bitcoin purchasing access to over 22,000 European bank branches throughout the continent.


Now over 400 European Banks Allow Direct Bitcoin Purchases

euro banks accept bitcoinEuropean banks are now joining the list of major retailers already accepting Bitcoin directly. Now, Bitcoin is even easier to buy if you have a bank account in most European countries.  All you need is to be a member of one of the hundreds of banks, and you can buy not just Bitcoin, but many other crypto-currencies as well quickly, and easily.  This covers over 400 banks in ten countries (Germany, Austria, Switzerland, United Kingdom, Netherlands, Belgium, France, Italy, Spain, Poland). This will enable 99% of all banks in Germany to accept Bitcoin purchasing through 247Exchange.  Slovenia and Hungary banks are still to come as an addendum to this agreement.

247Exchange will take your order, and process it with your member European bank, with instant transactions that are completely secure and free for the sender.  Sofort AG is a merchant/banking conglomerate out of Munich, Germany that represents over 30,000 merchants and hundreds of banks through out Europe.


“Why do people choose our service? There are a lot of reasons. But mainly for its speed, fair fees and reliability. Purchasing bitcoins has never been so easy in Europe. However, the company’s aim is to create a comfortable exchange for all cryptocurrency users no matter where they are located and what currency they use.” says CEO Alexey Maximenko

This news dovetails with other international merchant agreements that give more people more access to Bitcoin worldwide.  For instance, Indonesia’s 238 million residents now have access to Bitcoin through a network of over 10,000 convenience stores in an agreement between Bitcoin.co.id and Indomaret last month.

I'm fine with it. I thought the dev was sure he could make it but he said there is something outside of his control.

Not the right time? What do you mean?

YC

What New FinCEN Guidance Means for US Bitcoin Companies

Faisal Khan (@babushka99) | Published on October 31, 2014 at 16:25 GMT   

Faisal Khan is a payments consultant and digital money evangelist. He is the co-host of Around the Coin, a weekly podcast on banking, money and payments, and is also the resident payments expert on Quora.

This article, which originally appeared on Faisalkhan.com, has been republished here with permission from the author.

US Treasury

On October 27, 2014, the Financial Crimes Enforcement Network (FinCEN) released new guidance for custodial bitcoin exchanges and payment processors, ruling that such companies may be considered money services businesses under US law.

The few days since then have been very hectic. Besides fielding calls from lots of people, everyone is asking the same question. What can a bitcoin company, operating in the US, now do to get back to business?

In the points below, I look at the most important issues facing bitcoin companies under the guidance and consider the options.
Are you affected by the ruling?

One of the first questions you have to ask yourself is, are you affected by the recent ruling? You may need to seek a legal opinion (or two, or three) and be quite certain about the direction the opinion leans towards. There will be two options:

    The ruling applies to you, get licensed
    The ruling does not apply to you

Do not rely on a single legal opinion, no matter how good he/she/they may be. At the risk of being blunt, it is times like these that law firms and attorneys juice their clients. Get a second and third opinion.
Does the ruling affect your current operations/plans?

Are you yet to go live or are you live? If you’re yet to go live, you have your fair share of work carved out for you. If you were live and engaged in commercial transactions, the ruling could mean problems for you. You may need to stop commercial transactions all together.

This can be devastating for some. If you have a large payroll to deal with, or monthly recurring is high, you may want to consider shedding the excess weight off until you get licensed.
Can you move operations overseas?

For some businesses, the option to move operations (or business) overseas and be able to continue, might just be possible. Just don’t expect to pick up transactions/clients from the US that easily.
How long does licensing take?

The answer is not so simple. On average, the 50 states will take you between one to three years. For a few states you might be able to secure licenses in three to five months, but then again, how many of your clients are walking about in Utah or North Dakota?

States like Illinois, New Jersey, Florida, Massachusetts, Pennsylvania, etc. hover between six to 10 months. Heavyweights like Texas, New York and California, easily a year to 18 months (if not more). For example, if California does view your application and finds out your audit has expired and requests a new one, that can easily extend the time.

For New York, you will have to get the 'BitLicense' when it comes out. California might offer its own BitLicense equivalent. Texas so far has no plans – or do they? One cannot be sure. They don’t advertise much. Everyone is playing the ‘wait and see’ game with how New York’s Department of Financial Services handles things.

Those who have applied for licenses, will testify that the process is brutal and frustrating at times – one that requires money and patience (in that order), and a little good luck.
What problems can one face?

No action by the regulator weeks after you submitted your application. Added delays. Audit report not acceptable. No commissioner to sign-off your application. Associate to go through your application not awarded. Missing information, please refile again. Missing fingerprints, please refile. Application being returned, please go through checklist as attached again (a lot of elements are not correct or missing).

Shampoo. Rinse. Repeat.

Then there are the highly important surety bond providers. Surety bond companies that the state regulators can work with is a small bunch – about 16 or so in total. You have to deal with their appointed agents, who then provide surety bonding to you. Because you are bitcoin, they may or may not decide to do business with you. If they all deny you (a very, very strong possibility) then you’re as good as dead.

Many states will not take any other form of a surety bond (like a certificate of deposit, cash, etc.) They all work in collusion. I have no fear in citing this. You’ll find out. There are some agents whom you should avoid like the plague, but then again, you will experience this yourselves.

Audits (security audits, financial audits) are a pain and cost a lot of money. Some will be outright rejected after the audit is done. Why? Because the person who conducted the audit is on the regulator’s s*** list. But they won’t tell you so. They’ll just re-word it and let you know that you need to find another auditor to work with.

Banking is also going to be one of your biggest woes. You’ll be hard pressed to find a bank that will work with you once they find out you are a licensed money transmitter. Even the bank accounts you have can be closed without warning. In fact, banking is one of the biggest challenges after licensing.

The pain points are many. Be prepared. Don’t say I didn’t tell you so.
How much money?

Plan on having lots of it. The whole licensing experience is all about spending a lot of money. Lawyers. Net Worth. Permissible Investments. Surety bonding. Insurance. Audits. Auditor fees. Specialists fees, etc.

If you have to raise this money, it will be difficult. Raising the necessary finance itself will add to the time period.
Can I become an authorized agent of an existing money transmitter license holder?

Sure you can. Theoretically this is possible. Practically, the value of a money transmitter license just went through the roof after the FinCEN ruling.

A couple of years ago, you would work with the like of Obopay (now it’s pretty much dead). PreCash isn’t doing anything in the bitcoin space. InComm will only make you an agent if you are promoting their products and that too is a sketchy ‘if’. Meracord won’t touch bitcoins. Large forex or money transfer companies that have money transmitter licenses will just not work with bitcoin companies.

You would be hard-pressed to find money transmitters in this space. One name I can provide that you can talk to is Megan Burton’s CoinX. She has licenses in 30-plus states for money transmission related to bitcoin.
Can I work with a nationwide chartered bank by OCC?

Sure you can. A nationally chartered bank by the OCC is exempt from money transmitter licenses, but then again, how many banks do you think would like to work with bitcoin-related companies?

If you find one. Hide it. Its a keeper. Don’t let anyone know.

The road to licensing is not easy. A few companies like CoinX had the vision to go and get licenses earlier on. Others were very sure of themselves based on the previous FinCEN ruling. Needless to say, the way things are right now, it seems clear the federal government has paved the way for states to declare you as money transmitters, and would not want you to pursue that path as well.

Its going to be tough. You will feel like giving up. You might just go broke. But don’t give up. There is light at the end of the tunnel.

Disclaimer: The views expressed in this article are those of the author and do not necessarily represent the views of, and should not be attributed to, CoinDesk.

Hmm no announcement,  Not te right time.   17btc buy orders.
I think some investors want to step in.

I am beggar.. please donate.. DK7oWpxXaS8qtwg3M28aFrFCr7LxKj7vd4

wow someone put a really big buy order in at 13 sat.  I hope they keep it there!

Volume seems to be picking up at Cryptsy!

YC

No i'm not a miner.
i'm a business man á  investor and Digibyte believer.
I'm here to help people with everything i can.
I'm here to say Hi to new people that come over here.Provide them with a warm welcome and help them out for what i can.
I follow everything Digibyte is doing. I help Digibyte with everything i can.
I burned about €150 to rent mining equipment and push to block 145.000 so the Multi-algo would kick in. After the multi-algo update i helped testing the other algo's by renting mining equipment.  ( I think i got about 30% of the digibytes i would get when i would just buy them.@ 40 sat!)
I tested and corrected the new wallet with Dutch translations.
I contacted Litebit/litepaid to accept Digibyte and they did.
I helped Digibyte to contact  the exchanges so they would update there wallet to the new multi-algo wallet.
I give Digibytes away just for fun and to get people in Digibyte. (already send about 1mill Digibytes to new people,give aways etc etc.)And for the new give-away i have more to spend!
I will translate the new Digibyte website to dutch for free if digibytes wants me to do that.

So what are you mad about?
You did not get enough Digibytes by mining?
Give me youre adress and i will send you some.

Have a good weekend.

but I understand you
it is enough, it is
you are not a miner

Sorry i'm really trying but youre hard to understand!

okay, when dropped Bitcoin
and fell DGB - double effect
ok, endure ...
robbery mintpal - also endure
Now hang noodles on the ears
what type of market ...
and everyone was happy with everything, right?

Ohh yes i trust Digibyte 100% with my investment it's just that people don't have time to wait for a week (sometimes days  ) and will start fudding. as always
So to calm people down a litle hint will be good!
I hope this price will be the same untill monday. Can't have enough Digibyte!

So digibyte, because of the delay.
Maybe we could use this week to promote Digibyte & Litebit?