Pages:
Author

Topic: Monero under $8, while recognized by Apple as one of leading Cryptocurrencies. - page 3. (Read 4445 times)

sr. member
Activity: 434
Merit: 250
Title is a bit misleading.
Jaxx is just a wallet that was approved for the Apple store, correct?
This just means Jaxx is recognizing the currency. And Apple is recognizing Jaxx as a legitimate wallet it will allow to be hosted in the store.
(Correct me if I'm wrong here maybe I'm not fully understanding the story.)
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
I can not find that Apple store will recognise any altcoin now, you can check link here http://www.apple.com/shop/help/payments. But of course crypto will be implemented in online shops, like Monero, Litecoin, ETH.  Grin

lol, that is true.

this is the first thing that came to my mind too, but it is because of what OP is saying in his post, it is misleading us.

it is not about crypto payment directly to Apple though! they don't even accept bitcoin.

Misleading like how these guys bitched at me and negged me for my Monero French Police Fraud topic.  Cheesy

See ?

They can do it but if i do they neg my ass hard !

See the hypocrisy yourself.. [NEWS] Monero David Latapie French Police Fraud [updated]
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
I can not find that Apple store will recognise any altcoin now, you can check link here http://www.apple.com/shop/help/payments. But of course crypto will be implemented in online shops, like Monero, Litecoin, ETH.  Grin

lol, that is true.

this is the first thing that came to my mind too, but it is because of what OP is saying in his post, it is misleading us.

it is not about crypto payment directly to Apple though! they don't even accept bitcoin.
newbie
Activity: 59
Merit: 0
hero member
Activity: 658
Merit: 500
I can not find that Apple store will recognise any altcoin now, you can check link here http://www.apple.com/shop/help/payments. But of course crypto will be implemented in online shops, like Monero, Litecoin, ETH.  Grin
sr. member
Activity: 514
Merit: 258
there's also some discussion going on on the dash-reddit, with some good points: https://www.reddit.com/r/dashpay/comments/5706ic/now_that_apple_has_approved_monero_we_can_throw/

especially the post by justonetheory:

Quote
I cannot vouch for this theory but it is another good reason to fund the dash legal review:

Quote
The critical aspect of this is the guidance that was issued by FinCEN in March of 2013. https://www.fincen.gov/sites/default/files/shared/FIN-2013-G001.pdf. In order for a crypto currency to be compliant while at the same time avoiding the requirement of registration as a Money Services Business, and consequential AML/KNC requirements, the crypto currency must qualify as a "De Centralized Virtual Currency" under the guidance. This means that the block rewards have to go in their entirety to the miners and cannot be diverted for other purposes such as to fund development or marketing. If the block rewards are diverted in such a manner then those who are administering the diverted block rewards would be very likely be considered to be "administrators" or "exchangers" under the guidance, be required to register as MSBs and be subject to AML/KNC reporting requirements among other requirements. Ripple has already been subject to regulatory enforcement over this very issue. While I am not aware, at this time, of any regulatory action over this against Dash, the risk in that case likely remains very high. While this is specific to the United States, the reality is that the United States is at least for the time being, the world leader in financial regulation in particular because of the reserve currency status of the United States dollar.
ELI5: There may be some legal consequences for PoW cryptocurrencies that divert part of the block reward to anyone other than the miner.
I do not expect Apple to ever reveal the exact reason(s)
hero member
Activity: 770
Merit: 629
After their removal of DASH, one could have thought that they were against anonymous coins.  But Icebreaker was right: it is probably the financial structure of the DASH DAO and which put them off, given that Monero is more anonymous than DASH and is now accepted (apparently).
legendary
Activity: 2744
Merit: 1288
It is not really big news and there is nothing special about it. Jaxx wallet also has other cryptocoins included in their Apple IOS app and it did not even affect them in any way. If you think this news will be the cause of another pump and rise in price I am afraid you are mistaken my friend. But it is still nice to see some cryptocoins included in an IOS app and approved by Apple.

Yes it is not a big news. But is still strange why it is published in so many newspapers then.

https://bitcoinmagazine.com/articles/monero-coming-jaxx-wallets-including-ios-with-apple-s-blessing-1476224917
http://www.nasdaq.com/article/monero-coming-jaxx-wallets-including-ios-with-apples-blessing-cm692114
https://cointelegraph.com/news/jaxx-announces-inclusion-of-monero-across-9-platforms-including-picky-app-store
http://www.razor-forex.com/2016/10/apple-gives-jaxx-approval-to-add.html
http://www.cryptocredits.net/blockchain/monero-coming-jaxx-wallets-including-ios-with-apples-blessing-nasdaq/
http://coinwelt.de/2016/10/jaxx-verkuendet-monero-integration/
http://blog.claimyourbitcoins.com/monero-the-ups-and-downs-of-an-anonymous-currency/
http://www.xbt.money/monero-the-ups-and-downs-of-an-anonymous-currency/
....





Apple's policy against cryptocurreneis is not clear and they never say anything about why they made any of these decisions.



Exactly. They never told anything about their criterias. Most likely to not reveal them to their competitors. Doing so did not give us clear picture how serious they take crypto. But partnering with Monero they proved they spend lots time thinking about it and made a good research.
hero member
Activity: 1470
Merit: 655
don't want to speak ill of XMR but your reasoning are all wrong. Apple allows any kind of crap on their store.
have we forgotten how many bitcoins were lost to fake bitcoin wallets on their store?
https://www.google.com/search?q=fake+bitcoin+wallets+on+app+store

well, you're talking about applications... I'm talking about the crypto itself...

why was Dash refused in Jaxx by apple? you know?

best regards

Apple's policy against cryptocurreneis is not clear and they never say anything about why they made any of these decisions.

they have also banned ether related stuff so i guess one of their reasons can be that they don't allow heavily manipulated coins.

and by the way the only virtual currency that apple has recognized officially is Bitcoin and they did it back in June 2014
full member
Activity: 238
Merit: 100
Things are building up slowly. Keep the good news coming, but don't expect each of them cause a pump.


Well it looks there is a monero pump already looking at coinmarketcap.com
sr. member
Activity: 514
Merit: 258
don't want to speak ill of XMR but your reasoning are all wrong. Apple allows any kind of crap on their store.
have we forgotten how many bitcoins were lost to fake bitcoin wallets on their store?
https://www.google.com/search?q=fake+bitcoin+wallets+on+app+store

well, you're talking about applications... I'm talking about the crypto itself...

why was Dash refused in Jaxx by apple? you know?

best regards
hero member
Activity: 1470
Merit: 655
don't want to speak ill of XMR but your reasoning are all wrong. Apple allows any kind of crap on their store.
have we forgotten how many bitcoins were lost to fake bitcoin wallets on their store?
https://www.google.com/search?q=fake+bitcoin+wallets+on+app+store
sr. member
Activity: 514
Merit: 258
from my search I found out that Jaxx is just a wallet!
so I guess this is really not 100% correct.

Seems Monero is seeing as one of leading Cryptocurrencies by Apple and they partner it.

it would be just like any other wallet or any other app that is available on their store. and has nothing to do with monero if you ask me.

and these things never have any effect on price.

I believe in monero's future but the current price drop is because of the pump that happened recently and now we are coming back from the bubble, and news like this may only raise the price a little at best.

well, you're right that Jaxx is a wallet, but apple seems te be a bit selective on which coins it allows on its appstore (via jaxx): https://news.bitcoin.com/apple-tells-jaxx-remove-dashpay/

don't know why they wanted it removed though?
maybe because of the premine?
maybe because it doesn't comply with fincen regulation because of masternode scheme?

I just don't know why, and actually I'm still waiting for official confirmation from apple that they will accept jaxx WITH xmr to believe it's really true...

best regards
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
from my search I found out that Jaxx is just a wallet!
so I guess this is really not 100% correct.

Seems Monero is seeing as one of leading Cryptocurrencies by Apple and they partner it.

it would be just like any other wallet or any other app that is available on their store. and has nothing to do with monero if you ask me.

and these things never have any effect on price.

I believe in monero's future but the current price drop is because of the pump that happened recently and now we are coming back from the bubble, and news like this may only raise the price a little at best.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Things are building up slowly. Keep the good news coming, but don't expect each of them cause a pump.
And at some point, if nothing wrong happens, the price rise will continue. It happened to Bitcoin too, it happened with other coins too. Nothing happens overnight. Patience is the key.
legendary
Activity: 3164
Merit: 1506
It is not really big news and there is nothing special about it. Jaxx wallet also has other cryptocoins included in their Apple IOS app and it did not even affect them in any way. If you think this news will be the cause of another pump and rise in price I am afraid you are mistaken my friend. But it is still nice to see some cryptocoins included in an IOS app and approved by Apple.
legendary
Activity: 2744
Merit: 1288
Do you actually expect Monero to pump just because it was added in Jaxx?

Yes price will get stronger because of it.

who cares what apple does with the App Store. Jaxx is nice. at last there is a gui wallet for xmr  Tongue

Yes lots things come together with it.  
What I care is that Apple actually care of anonymity in cryptocurrencies.


Dude come on ..that Apple line is total bullshit you know it  Cheesy

Gimme a break you god damn shill  Roll Eyes

Is not bullshit.
I thought Apple only care to make an autonomous cars, and give a shit about Crypto and will leave that to Microsoft. But this is a clear sign they care. And they will pick only best partners there are.

hero member
Activity: 728
Merit: 500
Here's an article explaining why apple isn't on twitter and how not one of the accounts supposedly associated with Apple represent an official voice.

http://www.cnbc.com/2014/02/21/why-isnt-apple-on-twitter.html
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Dude come on ..that Apple line is total bullshit you know it  Cheesy

Gimme a break you god damn shill  Roll Eyes
newbie
Activity: 63
Merit: 0
Congratulation Monero. But how will that affect on price ? This is now a question. Probably not.

Price is already rising, buy cheap while you still can  Wink
Pages:
Jump to: