Photocred: Cointelegraph.com
#Identity not safe from IRS on #coinbase .
The department of Justice submitted a request on behalf of the Internal Revenue Service to CA Northern District Court. #IRS
"The IRS wants records of Coinbase customers with any addresses, telephone numbers, email domains, and bank accounts all in the United States. The records/documents being requested include but are not confined to users’ profiles and preferences; history and security settings; payment methods; and information pertinent to funding for wallets, vaults and accounts."
Bitcoin #implementing side #chain tech, rival for ETH projects?
I am curious to see more on this development, and to see how it effects the long battled position. Especially with ETH gaining so much market cap, and holding such stability in these months. I have a feeling this could put BTC back safely as direct ruler. Yet, still in October the #Metropolis fork will jank the chain once again.
https://www.crypto-news.net/second-layer-developments-promise-major-changes-for-bitcoin/
Ethereum postpones scalability hard and security hard fork Metropolis.
Two phases, Frontier and Homestead on ETH's roadmap have already been implemented. Metropolis is proposed to be rolled out in two steps Byzantium and Constantinople. Testing includes Zero Knowledge proof which enables fully anonymous transactions between two parties, which is so secure supposedly quantum computing can not even hack. This fork also proposes doubling block times to around 30 seconds, rather than the current 15.
https://www.crypto-news.net/ethereum-prepares-for-metropolis-update-postpones-first-step/
Wall street analyst Tom Lee calls for BTC to double this year.
Despite many other heads of wall street claiming bitcoin to be in a "bubble." The interesting thing about this, is those calling it a bubble still can be found deep in the purchase logs on exchanges.
“We still think the easiest way to look at Bitcoin, on a long term basis, is as a store of value. As the millennials generate income, they’re going to use it as a replacement for gold. If Bitcoin gets 5 percent of the gold market, that’s roughly $50 000 (per Bitcoin).”
Microsoft resumes BTC payments
After the 30% drop in price of BTC, #Microsoft halted payments in BTC. Microsoft is now resuming accepting BTC as #payment after sorting payment system difficulties regarding volatility. I wonder what took place during that meeting, and if they have decided to accumulate BTC, or if they are #cashing it out quickly.
https://www.coindesk.com/microsoft-resumes-bitcoin-payments-after-halt-over-instability/
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Coinbase has compromised most of those that put their trust on their platform. That means it is time to move stuff away from Coinbase! Not to mention that their support kinda sucks anyway haha....
What are the options?
Please tell me where I can send US dollars to buy Bitcoin.
Lots of other places here in the US, Gemini & Bittrex. Take your pick!
My question is what is the easiest way to buy steem dollars with Paypal?
So much happening in the crypto space that it's making my head spin!
First their is India tax bureau whose keeping a tight leash on their citizens crypto activity, then their is South Korea, and now the IRS is making their move. It seems like the government wanted a piece of the crypto market pie as well. Guess centralization is only a matter of time now. Thanks for the news.
I think bitcoin is near
so high
Axaxxaxaxaxaaxxaaxxa fucking nailed it
thankyou for updating us!! this is going to be a nice read!!
great work, i vote for u, i'm new member
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The Coinbase article is dated December 2016. Has there been additional movement? Or you just want to inform us of old news?
Hey I’ve had Coinbase since September 2017 and haven’t had any issues. I shop at Overstock.com for almost everything; from electronics to furniture and its have been great... Bitcoin in my $$, I just wish I could pay my mortgage with it as well and car payments. Soon I hope so fingers crossed 🤞🏼