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Das passiert, wenn man mit Email Scammern schreibt
Hallo zusammen, vor ein paar Tagen hatte ich nach Steam Gift Cards gefragt(Bild von Steam Geschenkkarten) um einen dieser tollen Email Scammer zu ärgern. Um euch den Spaß nicht vorzuenthalten, gibt es hier den Emailaustausch. Zeitlich korrekt und DSGVO konform anonymisiert: #1: Mi 01.04.2020 04:13 Betreff: Are you Available?
...hello I need a favor from you please email me back soon as possible. Regards Mein Chef sent from my iPhone
#2: Mi 01.04.2020 04:35(Nachts im halbschlaf auf dem Handy geantwortet, hab nicht realisiert, dass es ein scammer ist)
Hallo CHEF, Ich bin verfügbar. Gruß ICH
#3: Mi 1.04.2020 04:59
Sie müssen mir Geschenkkarten aus jedem Geschäft in Ihrer Nähe besorgen. Es gibt einige Aussichten, die ich brauche, um Geschenkkarten zu verschicken, aber ich kann das nicht richtig machen Jetzt, weil ich gerade im Krankenhaus bin und mich um meinen Bruder kümmere, der schwer krank ist. Lassen Sie mich wissen, ob Sie das bekommen können Ich jetzt, damit ich Ihnen sagen kann, welches Produkt ich brauche und welche Menge. Vielen Dank von meinem Iphone gesendet
#4: Mi 01.04.2020 09:38
Hi, ich hab welche auf deinen Schreibtisch gelegt, Gruß J
#5: Mi 1.04.2020 11:05
so gut, hol mir eine Steam Wallet INR 500 und schick sie mir jetzt, es ist sehr dringend .. sent from my iPhone
#6: Mi 01.04.2020 11:23
Hi, sie hatten nur 10€ Gutscheinkarten, aber davon gleich genug. Hier sind die ersten Codes, es ist eine ganz schöne Arbeit die alle Abzutippen. Aber ich hoffe sie helfen dir. Die Kassiererin meinte, dass es einige Stunde dauern kann, bis sie Aktiviert sind. UVP40-GY8N7-ZM8EK RRYIX-20JG8-VJAP6 6WSUE-CFCX7-H1PVP RLF7P-D4EWU-B0O8Q G32K5-B573W-PF3M1 WJ7DY-8399B-6SBO4 PAEJ2-T9VGL-MWX5X 6MM32-9VS3X-O7MZK SYSVA-CFQ3N-ERXW2 7HKCC-QBGO8-T3UK5 Gruß J
Hi, they are valid, please be patient, the cashier said it would take some time to activate. Attached you find a picture of the cards, so you don’t think I am lying to you. How is your brother, I heard he is worse? How does your sister cope with the situation? In the mean time I typed up some of the next codes 26ADS-DQQHO-I0LD1 ATOBQ-LQIOE-DJ1P1 QZQDL-D68ND-QOIBM QBR1W-3UIOA-QWRQ1 ORQOQ-QDQQ3-QQDAY OIINI-OOODW-018OU 8C1FS-WG7QE-Q6LQD O1MOA-Q1IRA-5RIQO ZRO81-U1QZD-OOYTI The problem is, that due to the corona outbreak no non essential shops are open and my glasses broke last weak. I might read some of the characters wrong, so you might try a 1 instead of I or so. I am terribly sorry, but nothing I can do about it right now. Regards, J
#11: Do 02.04.2020 09:45
still waiting for the rest...
#12: Do 02.04.2020 09:46
but why can't you send me the scratch pictures, so it can be easy for them.
#13: Do 02.04.2020 09:56
Kindly send the full picture of the cards for reference.
#14: Do 02.04.2020 10:34
Hey ME, the code are invalid, why can't you get it, in other stores or pharmacy around in you Thanks
Hi, there is something of a global pandemic happening right now, which is slightly influencing everyday life, which I hope you have heard until now. I am still waiting for the next opportunity to do my own grocery shopping, so you have to wait too. The cards are in your office, so you have to wait for a picture of the codes until I am around the next time but I have picture of one card and a few more codes HG82-U0Z75-IST10 OQOB0-LI0EP-VI1UB QQ8DJ-IU10D-1RA0I DF0KN-9S4PQ-PWX00 The cashier said it might take up to 48h to activate, due to the covid-19 pandemic. So be patient. Regards J
#16: Do 02.04.2020 11:55
send me the pictures.. Thanks
#17: Do 02.04.2020 16:38 (Bilder von euren Geschenkkarten)
Hi, there is still a lockdown in progress, all the corona pandemic thing, you know? But nevertheless, some pictures for you. Best regards, J
#18: Do 02.04.2020 16:43
okay... send me the rest pictures... Thanks
#19: Do 02.04.2020 16:57
Hi ME, all this cards are in invalid and been used.... Thanks
#20: Do 02.04.2020 16:58
Can you do me a favor, did you have a bitcoin account...thanks Sent from my iPhone
#21: Do 02.04.2020 17:00 als Antwort auf #19
Hi, that can’t be the case. I tested all of them and they worked! Regards J
#22: Do 02.04.2020 17:02
#23: Do 02.04.2020 17:02
Should i send my bitcoin account thanks
#24: Do 02.04.2020 17:04
What’s a bitcoin?
#25: Do 02.04.2020 17:06
Okay, how can you get the card for me, it vert urgent.
#26: Do 02.04.2020 17:08
Well, the easiest is to go to your office yourself and get them. Or ask your secretary to bring them over tomorrow. I won’t be in the office for the next day due to the lockdown.
#27: Do 02.04.2020 17:11
today but I can’t do that right now because I’m currently busy in the Hospital attending to a friend, he's critically ill .Let me know if its possible to get them right now, . I’ll reimburse you. Sent from my iPhone
#28: Do 02.04.2020 17:21
I am terrible sorry you had to degrade your brother to just a friend, but I am unable to go to the office right now. I feel like I catched the corona-virus and should self-isolate for the next 14 days. Best regards J
#29: Fr 03.04.2020 23:19 (Ich hab sein Email-Account an Google gemeldet, anscheinend wurde er gesperrt, denn diese Email kam von einer neuen Mail Adresse)
Hi Mein Nachname, Kindly block and don't reply this particular mail ([email protected]) again, because i have some issues with it right now. Regards, Nachname, VornameTitel Sent from my iPhone
#30: Fr 03.04.2020 23:21
I will not answer to this email again
#31: Fr 03.04.2020 23:21
#32: Fr 03.04.2020 23:23 (Bild von euren Steam Geschenkkarten)
Btw, do you still want the steam gift cards? I had the time to take a photo of a few more. Regards J
#33: Fr 03.04.2020 23:23
How is your friend in the hospital doing?
#34: Fr 03.04.2020 23:28 (Als Antwort auf #32)
Okay,but the prospect are complaining about the €20 cards. Kindly purchase the value of €100 gift cards. Thanks for helping me out.
#35: Fr 03.04.2020 23:32
Who of your friends are complaining about free money? And again, there is something of a global pandemic going around now, there is no casual shopping going to happen. So accept the 1ß€ and 20€ gift cards.
#36: Fr 03.04.2020 23:31
You are to purchase 7 pieces.. Thanks
#37: Fr 03.04.2020 23:33
You can also purchase them online for me..
#38: Fr 03.04.2020 23:36
Whats this online? Is this a new store?
#39: Fr 03.04.2020 23:36 (Als Antwort auf die #36)
I am to purchase nothing as the law stated that there is no leaving the house for non essential purchases. As this won’t keep me from starving, this is a non essential purchase and I am not willing to be shot by the police for some steam gift cards. I already put in some great effort to get you these in these times and you act so unthankful. Your brother is dying and nothing we do for you is worth anything!
#40: Fr 03.04.2020 23:43 (Als Antwort auf #38)
I understand the situation,but can you get them done for me early tomorrow morning?
#41: Fr 03.04.2020 23:45
No, early tomorrow is impossible. You know I have the kids and can’t go shopping in this time.
#42: Fr 03.04.2020 23:46
Ok, no problem.
#43: Sa 04.04.2020 10:20
Hi Vorname good morning.. Thanks
#44: Sa 04.04.2020 13:07
Hi, how is your brother. Is he better now?
#45: Sa 04.04.2020 13:12
Yes i will kindly need your assistance this morning and i will be glad if you render your help for me. Thanks
#46: Sa 04.04.2020 14:18
Should I meet you in the office?
#47: Sa 04.04.2020 14:28
Hi Vorname am not in office still in hospital now.. Thanks
Seit der letzten Email kam nicht mehr. Möglicherweise habe ich auch seinen neuen Email-Account bei Google gemeldet und er wurde gesperrt. Mein Ziel war es, mit möglichst wenig Aufwand den Scammer auf trab zu halten. Um sein Interesse nicht zu verlieren, spiele ich bewusst grenzwertig Dumm und Naiv, was genau die Zielgruppe dieser Menschen ist. Die Bilder sollen ihn antürlich bei Stange halten, ansonsten könnte er auf die Idee kommen, dass ich gar keine echten Karten gekauft habe. Die Codes habe ich schnell Online generiert. Nach dem Hinweis mit der Brille habe ich bewusst Codes generiert, die Überprobortional viele verwechselbare Buchstaben beinhalten. Ich hoffe er hat ein para Stunden damit verbracht, alle möglichen Kombinationen auszuprobieren.
Energi is a self-funding (no ICO and no premine) cryptocurrency that has a purpose to become the world’s leading cryptocurrency with the unification of Smart Contracts, Governance and Self-funding Treasury to ensure longevity and enable rapid growth. You can read more about why we decided to self-fund and chose not to conduct an ICO here. Energi provides a small allocation to Proof-of-Stake (PoS) rewards, takes a bulk of the coin issuance and gives it to its treasury and active Masternodes. Energi also allocates 10% on-going reward to the leadership of the Energi Backbone, which is significantly less compared to today’s ICOs’ rewarding their founders between 20–50% of the tokens distributed. Another trait that sets Energi apart from ICOs is they give an on-going 10% allocation through each block reward, rather than rewarding the founders up-front.
2. What are the Fundamentals of Energi?
1 minute block times and a 2 megabyte block size limit provide Energi with a vast transaction capacity for regular on-chain transactions. This allows for plenty of space on the blockchain for extremely fast transactions with very low fees. Energi features a powerful on-chain scaling solution with a system of incentivized full nodes called Energi Masternodes. A Masternode is a full node backed by 1,000 NRG collateral that provides level 2 scalability to the Energi Cryptocurrency. 40% of the emissions of Energi is allocated to Masternodes, providing an extremely strong incentive to grow the number of full nodes and scalability of the network.
A key feature of Energi is its powerful treasury system. Energi makes up to 40% of the emissions available to the treasury, to be utilized in a manner that provides maximum benefit. Treasury allocation is decentralized, allowing for submitted proposals from anyone, to be voted on by Masternodes and paid out from the emissions. Energi has a 14 day treasury cycle, allowing quick payments for proposal authors and contributors, as well as strategic responsiveness to effective proposals. Energi is guided by the principle that every dollar spent from its funding model should yield more than one dollar of value in return. Thanks to a 14 day treasury cycle, the Energi team is able to measure results and respond quickly to changes in strategy.
The Energi Treasury is a decentralized governance model designed with Masternodes as caretakers, with voting rights on how to best utilize treasury funding. This governance model reduces risk by allowing participation from everyone who holds 1,000 NRG as a Masternode. In this way, the Energi community can work together on how to best build the strategic direction of Energi.
Energi Cryptocurrency has a simple rate of inflation at 1 million coins per month with no maximum cap. This ensures consistency in funding allocation, Masternode rewards, and PoS rewards, making the economics of the cryptocurrency more understandable for everyone who chooses to participate in Energi. No coin supply limit ensures that Energi is prepared for the long term, avoiding “bubble” economics caused by dramatic early inflation that in most coins only serves to benefit founders ahead of increased adoption.
Energi conducted a fair launch on April 14, 2018 with no ICO and no premine. Prior to launch, the Energi team gave a specific time and date for the launch of its main net, which its vibrant community eagerly awaited, so that mining could begin fairly, again avoiding centralization among the coin founders (It's important to note that Energi has transitioned from Proof-of-Work consensus to a Proof-of-Stake consensus). Energi Masternode payments were designed to begin at block 216000, which occurred on September 18, 2018, almost 160 days after launch. This ensured time to list Energi on exchanges, and to grow the community, encouraging fair and equitable distribution before the extremely powerful Masternode rewards began. It is all too common for Masternode coins to feature a premine, which has the effect of centralizing distribution among the founders and early adopters. From 2018 to 2020, Energi distributed nearly 4 million coins to users who contributed to spreading awareness of the project with social media activities about Energi, such as tweets, follows, and subscriptions on all major social media platforms.
Decentralized governance with Masternodes helps to ensure everyone is able to participate in Energi and help guide the project to achieve the best results. The change to the requirement to run a Masternode, from 10 000 NRG to 1 000 NRG, has allowed more people to be involved and boosted decentralization for the whole project.
Long Term Vision
All of the above features seamlessly work together in concert, to ensure that Energi is prepared for the long term. Rather than try to closely find a niche in the market, Energi is prepared to adapt and overcome all challenges for many years to come. Energi’s use case is that of a traditional cryptocurrency, such as Bitcoin. However, Energi’s strategy is to excel by avoiding the pitfalls of previous projects, while further utilizing and improving upon the most powerful ideas in the cryptocurrency space.
3. Coin Specs
Ticker: NRG Block time: 1 minute. Hashing Algorithm: Dagger-Hashimoto (similar to Ethereum). Masternode requirements: 1,000 Energi. Treasury cycle: Every 14 days. Approximately 1 million Energi will be released per month. The allocations can be observed easily as “10/10/40/40.” 10% will go to the Energi Backbone. 10% to the PoS participants 40% to Masternodes. 40% to the Treasury. Thus, for every block, allocations are: 2.28 Energi to the Backbone, 2.28 Energi to the PoS participants, 9.14 Energi to the Treasury, and 9.14 Energi to Masternodes. Since Treasury allocations are paid in two-week cycles, they are made in lump sums of approximately 184,000 Energi every 14 days. In order to allow for widespread distribution of Energi before Masternode payments began, Masternode rewards were delayed until day 150. This was to allow the airdrop campaign to be completed and ensure a large amount of NRG is spread out through the community. Until that point, Masternode rewards were redirected to the Treasury. Thus for the first 5 months, the Treasury gained approximately 368,000 Energi every two weeks (about 800k Energi per month). The airdrop campaign was designed to release ~4 million Energi to the community.
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Supreme Court Of India Just Declared The Banking Ban on Bitcoin by Reserve Bank of India Unconstitutional and I am very happy about it. India can only become a big economy if we take a step towards understanding crypto and move ahead with proper regulations
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That response to this inquiry is that Bet365 has taken the internet wagering industry to an uncommon new level. They give the best betting involvement with all territories. They have the most gigantic assortment of gambling club games and sports wagering. They offer the best portable wagering experience, the best reward on wagering and simply the most amazing live betting experience generally. Be that as it may, the point which makes Bet365 the world's greatest wagering site is the notoriety for unwavering quality that they have worked for themselves in years. Bet365 is a wagering site you can trust. They generally pay what they owe, and they put incredible significance on their notoriety is the thing that makes Bet365 a genuinely extraordinary bookmaker. 21-Sportsbet.io Sportsbet.io is a worldwide games wagering organization that was established by individuals with an energy for sports. When you enter the site of Sportsbet.io, you get the inclination that this whole site is committed to sports wagering. It doesn't have the equivalent lavish impression that you jump on an old wagering site like Unibet or Betway. It's more Spartan and old school. Then again, this isn't really an awful thing. They don't attempt to push ads or advancements at all of you an opportunity to achieve client's consideration. It's an entirely reliable spot for individuals who simply need to put down wagers and not need to stress over something over the top. 22-Bodog Bodog is an old wagering bookmaker really among the most seasoned on the planet which has as of late opened up and began tolerating Indians players. They have set up the procedure of the wagering site principally to serve bettors from India, where they endeavor an assortment of live cricket wagering alternatives, give helpful choices of storing cash and permit Indian money. On the off chance that you appreciate sports wagering and club games or poker sitting, at that point you will in all likelihood appreciate Bodog India. Bodog begins from Europe, yet it has an Indian site that is customized to suit the flavor of Indian players. Consequently it is of nothing unexpected to discover that the Bodog India Sports wagering is wealthy in cricket wagering. The sportsbook incorporates all the noteworthy universal cricket competitions and arrangement, just as the well known classes like the Indian Premier League and the huge slam group Australia. 23-1XBET 1XBET Bookmaker is a youthful and quickly developing wagering site. Established in 2007, earlier it worked distinctly in the region, with more than 1,000 wagering bookmakers in Russia, and later started the experience in the online market. 1XBET is viewed as the main global bookmaker, in India the genuine speculators know it for quite a while in light of the fact that he underpins Indian rupee (INR) and has a Hindi language Version. 1XBET is mainstream for Indian expert punters, yet before long will be known in each edge of India, for the straightforward reasons that its installments segment is adjustable. So you can pick INDIA (from the rundown of nations) and see the techniques for stores and pulls back are accessible, obviously, don't missing Neteller and skrill all simple and clear. 24-BET WINNER On the off chance that you are searching for a bookmaker that gives the best chances on the most famous games, the Betwinner might be the wagering site you are searching for. Wager victor is a moderately new wagering site, however they have just become famous as the spot to be with regards to finding the best chances. Wager victor is a moderately ongoing theorist that start its tasks in 2016 in the wake of accomplishing an administration permit from (Curaçao eGaming) for working on the web. Betb2b.com fabricated this site, and it is a similar program that is adding to 1xBET (acclaimed administrator of Russia) since 2007. 25-COME ON Regardless of whether it is their online club activity or their games extend, COMEON India perseveres freely from others, through their broad inclusion and activities. They spread 29 classes of sports and offer a few other elective markets. This sportsbook underpins practically all standard installment designs and gives an incredible reward to new clients. When you join as a part, you get an invite reward, and you can pick the alternative for the prize that you like. You can store cash once you sign in to your record by essentially tapping on the decision of store. ComeOn India offers the accompanying choices to store your cash MasterCard Visa Card Paysafe Card Skrill Neteller MuchBetter and the sky is the limit from there 26-Pinnacle This is something we appreciate prescribe when you are simply beginning on another game. Start by playing for no particular reason, and once you've seen that you can bring in cash at this game, at that point toss in some genuine and unique rupees. Genuine wagering is a zenith with brilliant highlights and extraordinary advancements At Pinnacle, we know about definitely what Indian players search for in an amazing on the web gambling club. That is the reason we've accumulated a breathtaking mix of the most reliable online gambling club clubs around. Additionally, determinations of incredible table games don't stop there and make your life agreeable and simple we likewise offer a colossal assortment of store strategies for Indians gambling club players. 27-MELBet Our consideration is currently redirected to the focal point of the screen where we see an advancement slider. It is where Unibet features all the present advancements that they are running. They are very brave advancements going on, which we will investigate later. One thing we notice is that all the costs are named in euros. Beside the live wagering segment, we notice a catch named "supertoto'", and we choose to look at it. It ends up being another uncommon capacity, which is truly remarkable when contrasted with Unibet. Supertoto is a basic method to put down a wager on sports. The objective is to wagered on the result of whatever number matches as could be expected under the circumstances. You can wager on a success, lose or draw. 28-Matchbook Matchbook offers a total sportsbook with in excess of 40 distinct games classifications to bet on, including cricket, football, tennis, horse dashing and practically all the famous games, just as e-sports, expert wrestling and different less normal games. You have a decision of live wagering on each live match that is occurring right now, and numerous competitions can even be live-spilled with liberated from cost office. The main standard is that you include put down a wager inside the most recent 24 hours. That gives you full access to the live spilling capacity. 29-Betfair Betfair is one of the world's biggest global online games wagering specialist co-ops. Betfair has more than 2,000 utilizes around the world. Betfair holds betting permit in Malta, Gibraltar Italy, Tasmania and the United States. Betfair is promising in conveying exclusive expectations of respectability and has ensured more than 40 Memoranda of Understanding with the administering groups of sports. Betfair is the most significant wagering bookmaker on the planet, offering a wide scope of wagering items including exotics wagering markets and extraordinary games, huge poker networks, arcade games and a gambling club. 30-Dafabet Something that make Dafabet one of a kind is that they were made to serve the Asian market. All things considered, we can see that they are doing a great deal to interest Asian players, and particularly Indian players. For instance, we realize that they acknowledge Indian cash stores. They additionally offer loads of well known Indian games, for example, cricket, tennis and kabaddi. As an Indian player, it is pleasant to feel like you are esteemed as a client. There is likewise a lot of European games and well known Asian games and gambling club games accessible. 31-Rizk It is an energizing and one of a kind internet betting webpage having a place with the European island naming Malta. The site is special it might be said that it depends on a superhuman topic which is an uncommon thing we have seen on some other wagering site previously. This current bookmaker's appeal is a hero naming Captain Rizk, and his topic can be discovered everywhere throughout the site. 32-Meridian BET Meridian Bet is a main worldwide supplier of on the web and land-based games wagering arrangements with 700+ wagering shops in 35 nations around four landmasses? Their most noteworthy accomplishment is the steady income development pace of 20% over the most recent three years. They likewise offer an every minute of every day client assistance by means of live talk, telephone, email or informal community. 33-SBOBET Inside an incredibly solemn methodology towards security and visitor administration, SBOBET is a main web based gaming brand. They have won the Asian Operator of the year grant for 2009-10. SBOBET offers you a quick and secure player condition with prompt winning outcomes, fast installments and simple access to nonstop web based wagering. 34-Winamax This webpage is among the world's biggest online poker rooms and sports wagering destinations offering phenomenal chances to its players. Its immense number of enlisted genuine cash players has surpassed 3,000,000. This site gives dependable gaming instruments to make poker protected and a good time for the players. 35-5DIMES This site is known to be the highest quality level in internet gaming. It offers on the web and via telephone wagers for open parlays. Owning the business for over 15 years adds to unwavering quality. This site gives the player's cashback rewards, diminished juice wagers, free play remunerates and significantly more. 36-ADJARABET Situated in Georgia, this organization is the main site in the nation. Players can play gambling club games on the web or entertain themselves with sports wagering at this bookmaker website. 37-Planetwin365 Planetwin365 is Europe's quickest developing wagering and gaming administrators. This site is working with a large number of subsidiary accomplices over the world. More than one million wagers are handled day by day, and it additionally supplies in excess of 1300 retail outlets. The brand planetwin 365 is claimed by the SKS365 gathering of organizations which holds online licenses alongside land-based licenses from seven nations in Europe. 38-Red Sport Red game is a worldwide games betting organization. It started to include in sports sponsorship in 2010. This organization is among the first non-US online games wagering organizations working in the United States. It is additionally an individual from ESSA, which is the European wagering uprightness body. 39-Cloud wager Cloud wager directs the wagering business through a chain of authorized shops that are situated in Ireland and the UK. It offers online games wagering, online club and poker, online bingo and numerous other web based games. 40-POKER SPORTS Once in the past known as Party Bets, is presently possessed by one of the biggest poker locales on the net, Party Poker. Authorized from both Gibraltar and UK, the site offers a wide scope of sports and great client care. To stall out in, the site gives a broad scope of games. Customers are very much provided food for, and every single significant game occasions are secured. Football is the most mainstream and secured sport by a wide margin, as the site is an European confronting bookmaker. 41-SPORTSPESA Sportspesa, a games news innovation, was established in 2014, offering web based games and lotteries. It is a games news innovation with around 500 workers and has put resources into the advancement of the nearby games groups and competitions in Tanzania and Kenya. It works in relationship with TGP in the UK. 42-NOVIBET Claimed by Logflex MT constrained, NOVIBET.com is a completely enlisted web based betting site. Playing with Novibet isn't simply fun however is sheltered and secure on the grounds that it holds licenses from MGA, which make the site obliged to keep all customers assets in trust accounts. The site offers a dependable gaming strategy and is focused on limiting the unfavorable impacts of issue betting and is resolved to advance positive betting practices. 43-BETPAWA Offering different sorts of bettings on numerous games from over the world, BETPAWA is the most present day and quick wagering site in Zambia. This site is a creative bookmaker that offers the most reduced value wagers. It leads a wide assortment of pre-coordinate and in-play wagers on football alongside different games like b-ball, tennis and so on. You can choose from an immense scope of wagers on the site and can likewise decide on live wagering. 44-MISLI As a piece of Fold gadgets gaming and distributing, MISLI was established in 2009. This site is situated in Istanbul. MISLI is a participation based site which offers online games wagering and lotteries. This site offers wagers on an assortment of games, particularly supporting soccer. It likewise gives the clients to play the national lottery. This site as of now utilizes 36 innovations. MISLI.com has been positioned 12,027 among the worldwide sites dependent on the huge number of its month to month guests surpassing 4,115,485. 45-Sky BET Sky wagering and gaming, a British based Canadian organization, has offered a wagering division as Sky Bet. It possesses 1,628 representatives and is evaluated sixth among the ten highest contenders. This organization is the world's driving internet gaming and wagering organization which has the most noteworthy number of clients than any other person. Lion's share of the tasks of Sky Bet are led from Leeds. They offer to wager through their site, phone or portable applications and so forth. AGCC licenses the organization. Sky Bet likewise had a TV channel on Sky Channel 864 which quit working on February 2012. 46-Bet SAFE With regards to online club and wagering, and Bet Safe is a rumored name. This website is a bookmaker and online gambling club which was established in 2006 and is possessed by a notable Swedish organization. 400 fifty thousand clients profit the ideas from 100 distinct nations around the globe. The dependability and unwavering quality of the site are apparent by the tremendous number of clients it possesses. Wager Safe is an easy to understand site offering an enormous assortment of games and items. It gives an astounding client assistance program and its simple to store and pull back cash. This site gives its clients the best web based gaming experience. 47-1xBit This site offer betting stage for Bitcoin and digital money was established in 2016. Wagers are offered day by day more than 1000 games. Live online club games and in excess of 3000 openings are likewise accessible. A selective element is that it gives its games too. All client accounts bolster numerous monetary forms, and it empowers the players to wager utilizing in excess of ten cryptographic forms of money. Clients are additionally offered an assortment of rewards. A 100% first store reward is the most extreme preferred position. A bug assists with multiplying and right away pull back the main store reserves. Client's perspectives recommend that their client care is dependable and accommodating. It is being seen as the best reserving site for crypto. It offers high chances to the players when contrasted with comparable sportsbooks. 48-Mozzart BET Since 2000, Mozzart has been a specific piece of the gaming business. This organization offers around 10,000 chances day by day for around 500 games. As of late, Mozzart has led its ground activity with more than 900 retailer shops and has seen a high development rate in its online administrations. One ought to be over 18 to wager on the site Mozzartbet.com. BCLB has given the permit to the site. Live wagering on games is offered including football, ball, tennis and other critical occasions. You can observe live spilling of your preferred round and put down online wagers. 49-Boyle SPORT Ireland biggest and free bookmaker is known as BoyleSports. They contribute in the online space by adding the top of the line applications to the google play store which offer web based wagering, club, gaming, wagering and lottery administrations. By 2004, they had 77 shops, and in 2006 they opened their 100th store. 50-BetChris In 2019, BetChris declared to enter the United Kingdom retail advertise with the popular bookmaker Gilbert. The organization's activity was extended in Northern Ireland which made the nation Ireland's biggest retail bookmaker.
Dear Pundians, Thank you for participating in the AMA session with Pundi X co-founder and CEO Zac Cheah. For those of you who may have missed it, the live recording of the AMA session held on July 3 at 10:00 am GMT+8, tackling Q2 progress and addressing questions and concerns by the community members, can be viewed here. A side note that today’s AMA video quality and setting was not ideal. We acknowledge this situation and will make improvement for our next AMA session. You may also find a summary of the Q2 progress presentation as well as all the detail Q&A below. ## Pundi X Q2 2019 Highlights * Pundi X has integrated more public chains into our products. In Q2, we completed integration of Binance Chain. NEM chain is in the work. As of today we’ve launched BNB, the Binance Chain native Coin and XEM, NEM native coin on Pundi X payment platform. We will integrate at least one more public chain in Q3. * The transactions on XPOS for Q2 is 15.5 million in USD, which is close to 300% quarterly growth. The number of transactions is 29,367, which leads to a 11% growth QoQ. * XPOS has successfully received FCC and KC certifications. A new certification for Latin American market is on the way. * To expand XPOS footprint, Pundi X’s integration with a new leading mainstream point-of-sales device is in the work. Stay tuned for the announcement. * Pundi X Open Platform was launched in May, 2019, which now supports ERC20 and BEP2 token listing. Moving forward, we will continue to support tokens from other public chains. * A 3,000 XPASS order from DigiX, a gold-based token, and a 10,000 XPASS order from BitCobie this quarter. * XPOS is spread in use in over 30 countries. We’ve published a map of XPOS location of self-report XPOS merchant directory. You can find a list of selected XPOS merchants at [https://www.pundix.com/products\](https://www.pundix.com/products). * The QoQ growth of XWallet is tremendous at 43%. In the previous quarter, we have less than 20k users, whereas in Q2 we have hit 297k XWallet users. More updates on XWallet: * Supported BNB and NEM tokens; 2FA, face ID, and optimized SMS serviceAvailable on iOS, Android as well as in Samsung Galaxy Store New features coming up in Q3:- DApp integration - Decentralized wallet- In-app crypto payments - Chat service, which will be compatible with a commonly used chat app- f(x) testnet features to be rolled out first in XWallet ## Other notices coming up in Q3 2019 * The Q2 token removal will take place on July 14, 2019, which will involve in total 34 billion of NPXS and NPXSXEM (22 million worth in USD) removal. In the past 365 days, we’ve removed a total of 36.1 million US dollar worth of NPXS and NPXSXEM. Before Q2 removal, the total supply of NPXS ERC20 is 266,962,422,906.53 and NPXSXEM is 95,816,218,929. [See Q1 removal here.](/pundix/recap-of-ama-with-zac-on-july-3-and-q2-report-a23de165dd28) * [NPXSXEM will be ported to Binance Chain from July 20](/pundix/npxsxem-will-be-on-binance-chain-c6485f17726b). * XPhone pre-order will start in late July with a new product name. Stay tuned. Check out the teaser video that we are releasing it across our communication channels. ## Q&A ## On XPOS * **Where are we on official global location of XPOS?** Zac: We have made a map on our official website that merchants can self report and feature their locations. It’s at [https://www.pundix.com/product\](https://www.pundix.com/product). We’ll be increasing and updating the map once we have permission form the merchants to update their locations. * **The marketing from pundi has shifted from 100,000–700,000 xpos units by 2021 to 100,000. I understand the bear market has affected this but please share the strategy moving forward to hit your goal. How do you feel about hitting this goal?** Zac: The 100K XPOS target has always been the initial goal and it’s stated in our whitepaper. And we are still working on achieving the goal by the end of 2021. Part of our growth strategy is to also explore the possibility to port our platform to traditional POS manufacturers to increase the adoption, which is ongoing at the moment. * **1 year ago you sent 5000 XPOS somewhere. When, at least half of them, will be working? 3 year target was 100,000 by 2021. Now we have only 150 units, how do you expect to reach this goal?** Zac: Yes, we have shipped thousands of XPOS to over 30 countries in the world. The 150 you’ve mentioned are the featured merchants which are published on the map. The active XPOS devices are deployed over 33 countries and we are actively talking to B2B partners to have higher wholesale and big deployments. * **How many XPOS are live and used?** Zac: We have gone through a very serious bear market, and some of the initial inbound requests for XPOS are not delivered. However, we are working slowly but surely with our Business Development team to not just roll-out into individual buyers, such as what we did on Pizza Day, but also to B2B partners. With the certifications approved, that will also help us to officially roll out to some of the key markets. Individual merchants can use XWallet collection feature to accept crypto payment with QR code. For the merchants who have physical offline storefronts, they can use XPOS to enable the instant crypto transaction seamlessly. Moreover, as mentioned previously, we are exploring the integration on leading traditional POS terminal so that their distributors have option to enable crypto transaction feature. As for the challenge to adopt XPOS, it is the regulatory compliance in different countries. For this, our legal team think ahead and encourage our merchants to complete KYC. I must be very honest to say the activation takes longer time than we expect but it will be worth at the end. * **What’s the average number of transactions per xpos in use?** Zac: The transaction number has increased very well. The number of each XPOS differs, due to the frequency of using crypto currency to purchase item or crypto assets. There’s no standard answer to this, but overall we see the transaction number and volume are going up. * **How do you plan to reach the target of 100,000 by 2021?** Zac: One of the challenges that we have is regulatory compliances in different countries. There are certain markets that do not allow crypto currencies and some require a clear approval for us to deploy XPOS. We are working on both challenges by talking to governments and applying for certifications. So how we plan to reach 100,000 XPOS user by 2021 is to work with distributors, B2B partners on a government / business level, and with existing POS companies to integrate our software solution into the system. * **We understand as there was bear market and hence Xpos usage demand was low. Are you guys seeing growth of Xpos usage with current market conditions. Can you guys put some statistics comparison like last 30 days Xpos usage vs any month from bear market usage?** Zac: It is very clear that as we moved out from the bear market, the demand for XPOS has been increasing. As we’ve shared just now both the transaction number and volume of Q2 have beaten Q1. We’ll be able to share more transaction numbers once we receive approval from our XPOS merchants. One exciting thing is that, with the listing of different tokens, we also see users using these tokens as a way to transact on XPOS, which means we will be having more ways to transact and this is a growth point for XPOS. * **When will there be more details for XPHONE and XPOS HANDY?** Zac: For XPOS handy, we have finished production and it will be released in Q3 * **When will the iOS version of XWallet and XPOS be fully translated to other languages?** Zac: Right now, the XWallet has Traditional Chinese, Korean, Spanish, German and English. With the latest version update, it now includes Portuguese. XPOS also comes with many languages and we hope to finish with more language, either working with professionals or volunteers. If you’re interested in volunteering, please contact us. * **When will the Merchant back office have Product Registration and SKU id ability and also integrate with other POS software?** * **When will the top-up feature go away for XPOS to allow liquidity for XPOS** Zac: We constantly update features in XPOS and merchant backend to make it easier for distributors and merchants to use. We understand that one of the ways for mass adoption is to enhance our distributor management system. With that, the distributors can manage manay XPOS at one time with different merchants. Please stay tuned as we announce more and more functions of this feature. ## On Dubai * **When will we see the deployment of the XPOS in Dubai?** * **Can we spend NPXS on the Dubai XPOS?** Zac: As with all big projects there are a lot of moving parts, that includes working very closely with the local government, in Dubai’s case, the Credit Bureau of the Finance Ministry. Things are progressing for the Dubai project but due to confidentiality agreements with the parties involved, we cannot reveal much. All we can say is that we and our Dubai partners are working hard to have XPOS roll-out in the Dubai market and the UAE. We are also discussing aggressively with Dubai partners whether to include crypto assets in the XPOS in Dubai. That clearly will involve local compliance and legal for that to happen. * **Your system upgrades expect merchants to have downtime on their XPOS terminals, can you explain if you plan to run a business why this would be considered feasible (specially at the rate you have been doing your upgrades)?** Zac: Yes, the benefit / strength of the XPOS is that most of the updates can be done on the fly. For example, when we have a token update on our XPOS where developers submit their tokens on Open Platform, the updates of this token are on the fly, which means that once we approve the token on our Open Platform, it will automatically appear on XPOS without any software updates. The great thing that we believe about XPOS is not just the support of crypto assets, but also the ability to update most things on the fly, which means that whenever we have a good feature or a new token, the updates will be done instantaneously. * **Can you guys arrange at least a community voting which is the next blockchain we would like to see next in XPOS? Voting will help to prioritize to chose the projects.** Zac: One of the reasons why BNB is being listed on the XPOS is simply because of its popularity and also our user demand, in a way that we are already answering to our community’s request. Right now, our main focus is getting all the tokens submitted on Open Platform to be listed on the XPOS. The submission process includes legal and compliance valid, so our legal and compliance teams are working hard to make sure that we have more tokens to roll out onto Open Platform, which means that they will be on XPOS, XWallet, and XPASS. As to a specific voting mechanism, we’d like to consider that and hopefully we’ll be able to run a specific voting for the chain which users would like to see. * **While comparing Xpos handy to Square POS devices at least with mobile it’s very cheap like under $30 and easy to use. When can we expect such light weight and cheaper version for XPOS? Is team working on such devices ?** Zac: There are different POS companies around the globe and pour focus is to work with these POS companies with our software, so that a crypto sales feature will be part of the existing POS system. The more support of crypto asset usage using our software on existing POS, the better it is for global adoption. We actually strongly believe that the pricing of our POS system is competitive in the market. And one of the great features of the XPOS is that the merchants will not need not to pay a certain percentage to existing acquirer but to be able to earn certain percentage from each transaction. That is the key differentiator for merchant to want to adopt this. * **From the website with some of the key Countries for XPOS adoption looks great. However, the concern is for Venezuela, there is no reference link like the others have. Can you guys add the link with details to clear the ambiguity?** Zac: Let’s give a little bit more patience so that we can actually release more information about our Venezuelan partnership. The good news is that we expect concrete news from Venezuela in the coming 2 weeks. So stay up-to-date about our Venezuelan roll out on XPOS, the best way is to subscribe to our telegram group for Venezuela. ## On Partnerships * **Are there some major partnership in the works? I’m also interested in how you do immediate transactions? Do you anticipate scaling issues?** Zac: The way XPOS is being designed is that when you use your crypto assets to purchase, it will have instantaneous confirmation because the action is an off-chain process. An on-chain action happens when a user who owns crypto assets in our system transferring the assets out of the Pundi X ecosystem to their own wallets; or to transfer crypto assets in Pundi X from an off-chain to a private wallet, which we will have very soon on XWallet itself. That is why we are able to handle scaling. When a person wants to use crypto currency to buy a coffee, the transaction will happen instantaneously. For specific partnership, especially with B2B partnership, we oblige to the NDA that we have signed. But if you follow us closely, you’ll know that we go to different parts of the world, talking to major companies to try to land more deals so that NPXS usage will increase dramatically. * **Any big partnerships for making xphone or using the software for xBlockchain?** Zac: These partnerships are also subjected to NDA, so please be patient for us to release more news. * **When will XPOS have approval to process Visa and MasterCard payments?** Zac: We have met representatives from these players including some of the key management people. They are obviously looking into crypto currency attentively, and we hope that there’s something we can do with MasterCard and/or Visa. This is something that the community has suggested and we agree fully. Please allow us with some time to work on this. We have also showcased XPOS to the CEO of MasterCard. For what or when will anything happen, please wait for our official announcement. * **What’s the status on Quantum fund and their contribution or involvement with Pundi’s project?** Zac: We announced last year that we are creating a fund to invest in projects beneficial to our ecosystem. We’ve identified some interesting projects, and we have invested in at least 1 project. The reason why we’re investing in that project is because of the services that it will bring onto the Pindi X ecosystem. So the purpose of the investment of the companies is that these companies in turn will benefit on our ecosystem. This is our key consideration. The team has evaluated the projects that will benefit the Pundi X / Function X ecosystem. Vic and his team will be able to reveal more details on the companies we have invested in and how they will contribute to our ecosystem in Q3. * **Recent update on NPXSXEM is highly ambiguous as mentioned that it will be now BEP token and later once FX goes live it will get back to Fx platform. Why you guys had so rush to use Binance chain only for few months? Isn’t you guys switching to much in a short time span?** Zac: Liquidity and utility have been an issue for NPXSXEM. Due to the design philosophy and the limit of token that can be created on NEM’s smart contract, we are only able to create a small number of tokens on NPXSXEM. By moving into the Binance chain for NPXSXEM, the BEP2 token version will be able to support all the NPXSXEM tokens, which means that we’ll migrate and also be able to make sure all the NPXSXEM tokens are under the same contract address. We believe with the strong liquidity, we will be able to give our NPXSXEM token holders a good reason of what the token holders have been waiting for. We hope to bring NPXSXEM to match the level of NPXS. * **When #XRP?** Zac: Our OpenPlatform is a currency agnostic platform, which means that we will work on integrating public chain as well as tokens that are most requested by the users. We’ll also be looking into the listing of different tokens that are being mentioned by the community. As said, we will have at least one more public chain integration in Q3, perhaps even more. * **Are you as a company going to try and connect with libra? If they have said they want to be a payment remittance service, have Square, PayPal, Visa on board I as an investor would prefer you try to join them rather than beat such large competitors** Zac: Of course, we’ll be delighted to work with Facebook and also the Libra coin. Pundi X and XPOS is a currency agnostic / currency neutral platform, if there’s opportunity to list Libra coin or work with Facebook in different ways to promote crypto currency adoption, we’ll certainly look into that and work on reaching out to them. ## On Trading * **Can you confirm during AMA, Pundi team is not involved with any trading with their own token like selling over time to manage the fund to run the company.** Zac: All the wallet addresses of the team holdings are disclosed and transparent. This is one of the first things that we did after ICO. Hence, our token holdings are transparent and everyone can monitor our fund transactions. Also, we have strict internal financial regulation and compliance, shows that we are here to build a long-term project. The best way to make NPXS or the NPXSXEM to rise is real daily life use case. * **When will you stop manipulating NPXS chart?** Zac: Our focus has always been and will be building great products. The more product usage, the demands for NPXS and NPXSXEM will increase. Let’s address again that, Pundi X the company is NOT involved in any manipulation of the NPXS price. There are trading teams, market makers, financial institutions that profit from the drop and rise of token prices in the crypto market. The good thing about NPXS is that we have managed to create a high liquidity by listing on 40+ exchanges and having global trades and demand from all over the world. We hope this and coupled with the fact that we are a solid product and roll out the use cases, the demand of NPXS will only continue to rise and will be able to deter any of the traders or speculators there is for NPXS. These traders gain profit from manipulating tokens whether BTC or other tokens. In fact, the traditional financial markets have similar challenges as well. What I want to stress is that, we at Pundi X, do NOT speculate or manipulate the price. We work very hard to create demands for NPXS and as a company, it is only beneficial for us to see the prices of NPXS and NPXSXEM rise. * **Can we please address the elephant in the room which is the Binance bot with huge sell walls and buy walls causing huge distress and concern among users?** Zac: First, I cannot confirm nor deny that whether Binance has a bot. I think this is something that you need to ask Binance. We need to work with Binance because Binance has one of the biggest liquidities, if not the greatest liquidity, for NPXS. The best way to counter manipulators is to create more use case, more demand and more acceptance of our tokens. * **Why on almost all exchanges do you not offer a USDT trading pair?** Zac: We have USDT trading pairs on Bittrex, Bittrue, and more. In addition, we have fiat pairs in Korean Won, IDR, INR, and Turkish liras. We will continue to work on adding trading pairs for NPXS to make it more liquidate. * **Why don’t you offer a stable coin sell and purchase on the xpos to help with adoption? Places in Africa with volatile currencies would go crazy for this.** Zac: It’s a great observation. This is a request that’s been asked from many users. We’re working on stable coin listing on XPOS and hopefully it’ll come soon. Stable coin requires a greater compliance and legal validate, which we have been working on since months ago and we hope to have the stable coin up in XPOS soon. * **When will you add an active tracker for coin burn, whether its measured in usd, NPXS or whatever you choose. The community has been asking for this on twitter, reddit and telegram for this entire year.** Zac: It will be hard for us to have a daily tracker of the coin burn, but what we might be able to work on is a tracker which have shown all of the tokens that have been removed from the usage. Thank you for giving us this great suggestion and we will work on it in some form. Zac: Our token supply has always been specified in our white paper, and as promised in our white paper, we will continue to remove tokens through usage and use cases, which we’re working on all the time. * **Price movement. When will NPXS go to which price?** Zac: We cannot comment on the change of the price. Our focus is on building products. We hope by doing that the NPXS value will go up. Again, there’s no way that we can comment on the price. **I believe that burning tokens every 14 weeks keeps the price suppressed and will only lead to huge pumps and dumps. Imo, If the burns were more frequent, the price would move organically.** Zac: We continue removing tokens quarterly per advised by our legal and compliance team. **Is it mandatory npxs swap? What happens for token we have in binance?** Zac: No it’s not a mandatory NPXS swap for FX. **How many NPXS or NPXSXEM was converted?** Zac: In Q2, we will remove 29B NPXSXEM and 9B NPXS. ## On XWallet * **Why not put in XWallet like the place where we can buy and sell like restaurants and shops?** Zac: You are correct. In fact, if you look at XWallet, there is a merchant feature, whereby you can register as a merchant. By becoming a merchant, you will be able to print out your QR code and stick it on your restaurant. People are able to make payment through this QR code. This will act like a mini-XPOS. * **In addition to that having multiple different blockchain in XWallet will increase the XWallet adoption. Hence, we would like to see aggressive game plan and execution from the team and would like to hear that** Zac: That’s a great suggestion. Every day we want to increase use cases for XWallet. In fact, our XWallet update is one of the most frequent in the market. Within 5 months, we have over 10 updates on iOS and Google Play. This does not include soft update which happens every several days. In my view, the effort is very tremendous. * **Is there any plan to add Swap option within XWallet so that people can trade the coins within XWallet?** Zac: Yes, there’s such plan and in fact there is an upcoming feature that people will be able to use coins in XWallet to exchange into other things. The exact form and format have not been reviewed. We hope to share more when we have concrete example. But what you suggested is what we are planning for months ago. * **When will XPOS and XWallet have fiat on ramps?** Zac: This is a good question. It’s not only involved with regulatory compliance but also involved the technical part. This is also something we are planning for months. Once approved, hopefully we are able to support fiat currency on ramps and off ramps on XWallet. **On Others*\* * **How is the internal organization doing? Currently how many employees work for Pundi? Currently how many job positions are open?** Zac: Pundi X has grown tremendously. We are now having over seven offices around the globe. I’m sitting in the Singapore office. We have office in Jakarta, Taiwan, Tokyo, Shenzhen, São Paulo and London. These are the places we have physical offices and house approximately 100 full time employees of Pundi X. The positions open from Pundi X are legal associate in Singapore and other offices. We are looking for more R&D people, especially in Taiwan. We are looking at marketing and PR people in different parts of the world. And we are looking for POS distributors. As a POS distributor, you will work with our business development team and also our technical team to roll out many XPOS which you have a network to control in your local market. * **Would you consider removing the KYC to allow u.s. holder to stake and be rewarded?** Zac: We would love to have more users, including US. However, our compliance and legal advisors have not allowed us to accept US holders to stake and be rewarded. I’m sorry to say that but this is after serious consideration to make such a decision. In fact, it is a very hard decision because we have healthy user base in the US. will continue to monitor the situation in the different markets and be compliant. There are also ways to be rewarded when using XWallet service without KYC. We are looking into to explore more on this and launch new features. Hopefully we are able to bring the beta version for you to test this week or next. **On XPhone*\* * **Where are we on pre-sale announcement of Xphone? It was highlights of Q2 goal. If we are getting delay, that’s ok. But at least community will have some clarification why it’s getting late and when approximately it coming?** Zac: Pre-sale order will start this month. It’s likely the end of July. Pre-sale will take place in different channel including the official website and XWallet. Apart of our own channel, the pre-sale will go live on a 3rd party channel. People will be able to pre-order crypto either in crypto or in fiat. * **Can you discuss in AMA, is participants can pay with Crypto or Credit/debit card or in both ways?** Zac: As a crypto company, we prefer payment in crypto, but fiat, Visa, MasterCard, and other traditional payment methods will be accepted on different pre-order channels. Stay tuned for pre-order which will happen in late July. * **Will the Xphone be open to purchase in all regions of the world?** Zac: Yes, pre-orders will be able to be done on-line, and products will be shipped from our offices to users in different parts of the world. * **Will the blockchain mode on the Xphone be operable during the testnet or will this function not work until mainnet?** Zac: XWallet and XPhone are the first channel and avenue for Function X testnet, so once the testnet is operateble, we will start to engage certain services on XWallet and XPhone into Function X testnet, and ultimately into mainnet. Slowly but surely. * **Does Xphone have hard protective cover,extra Sim slot, also is it enhanced with ip68 water rating?** Zac: XPhone will not be waterproof, so please do not submerge XPhone into water. XPhone will definitely be eavesdrop-proof because we’re using a blockchain mode, only you and you control your own conversation. * **Which country accept the Xphone?** * **Will I also be able to use the SIM-card?** * **The blockchain modus will work in every country (what in the absense of nodes)?** * **Will the XPhone I buy now support updates in the future?** Zac: People from any country will be able to buy XPhone on-line. You will be able to use a SIM for we have built a SIM slot. Wherever you are, the XPhone can be turned on to become a node. Will XPhone support future updates? Yes, of course. Just like the XPOS, we support silent update. It will be like how we support XPOS, many updates. The updates will always be supported on XPhone. **On Function X*\* * **When is the detail white paper coming for FunctionX? Why the team is very resistive to have well documented white paper? We need scientific approach and well documentation on FunctionX to have developers to be more involved.** Zac: Yes, developer involvement is a key criterion of the growth of Function X. We have done 2 things, one is that we have set up Function X Foundation which is led by David Ben Kay and will involve third party adviser and board members. Second, we have set up a developer relations team led by one of our own members as well. This team will work on creating developer documents, developer demos and sample, so that excellent developers can tap into working with Function X resources. The first version of developer documentation is ready in English and Chinese. We are still polishing up the documents and hopefully to release them soon. We are also working with third party developers, and are engaging at least 2 third party developer companies, so that we can help create their services on Function X and also XWallet. We are hoping to showcase a smooth and usable service to the audience, we think this is the key criterion of the Function X growth. Thank you for this suggestion. We need to update more often on github developer documentation as well. As for the white paper, we did not have one per se because Function X did not do an ICO. But we will continue to update our white paper and include not only technical details, but also details on the chain and how we can get more developers and users so that the future hardware will be added as a node and you will be rewarded financially, at least through our ecosystem genesis fund. Please stay tuned and there are a lot of things going on in the company. Each and one of us is working hard. * **Why does the FX ecosystem need a decentralized OS?** Zac: The mantra of Function X is decentralization and having private control of your data. A full private control of your data comes with a decentralized system not just in transmission of your data, but with the operating system built fully for decentralization , which includes a transmission protocol replacing http. The apps uploaded into Function X will be decentralized as well as the data that is stored on the app, which means that how BitCoin or crypto assets are verified on different nodes will also be part of the way we store data and content. The decentralized OS is key to fulfilling a decentralized environment for a more private and free usage. * **What about FX are you most excited about?** Zac: We are actually creating a shift of how people view of blockchain and how decentralization is not just about transacting commercial commodity, but also data, including your identity, are all decentralized. That is what we are most excited about. The only way for us to achieve this is to have developer support, for we need the developers to build on the foundation we have to offer those exciting services. * **We understand that developing a new blockchain is time consuming. As a community we are in a dark space to understand where exactly the development of FX right now.** Zac: We are working hard on creating the testnet and eventually the mainnet. For the latest updates of Function X, what I can encourage you to do is to go on and subscribe to the Function X telegram group where discussions are made. We have formed the Function X Foundation and created the developer relations team, so that the Function X progress will go smoother and with more partnership from outside, whether it’s developers, third party companies, teleco, etc. * **When FX goes live on the mainnet, will FX coin be used to stake and earn NPXS? how will staking work on that new mainnet?** Zac: The NPXS/NPXSXEM staking will last till March 9, 2020 as announced. What we are committed is to create more use cases. For FX tokens, the use cases will be focusing on the Function X Chain and the use cases on Function X that include DApp on Function X and different hardware/software services. * **When fx testnet will be available?** Zac: First I would like to thank you for your constant support. In Q3, we plan to open Function X testnet so that we will be migrating and creating certain use cases that can be used on Function X testnet, starting with our own XWallet. Which means, the XWallet will migrate some features into Function X testnet, and slowly followed by our other Pundi X products, including XPhones, XPASS, Open Platform and Function X own developer related products from third parties.
Exchanges The best way to support XRP is to buy/sell XRP directly with your local currency, not with USDT, ETH, LTC, or BTC. Available XRP pairs - AUD, BRL, CAD, CNY, EUR, GBP, IDR, INR, JPY, KRW, MXN, PHP, RUB, THB, TRY, UAH, USD, ZAR. You can find the complete list of XRP exchanges and supported XRP/fiat pairs Here.
[UPDATE] All winners have been given their respective prizes. This giveaway is officially over. Thank you for participating.
[UPDATE] winners (see prize list below) notified. First, second (with a balance amount of $10) and mystery prize winners have been given their wallet codes, and I have arranged for $10 cards for the others. Since Steam requires one to be friends with the gifter for at least three days, it will take that much for the second, third and fourth prize winners to receive their codes. This giveaway is now over; I will be available on PM for trading, if anyone wants. Thanks for participating
[REQUEST] If anyone knows of legitimate websites that offer $10 and $20 wallet codes for bitcoin, please PM me. The site that I used earlier is all out of wallet codes of those denominations. Thanks for participating in my giveaway, and I hope you all have a great year ahead. Please also refer to the point below.
[UPDATE] The deadline for submitting entries is now over. I will be using the RNG and informing the winners shortly. Winners (except the grand prize winner - whom I will be sending the wallet code to right away on PM), please make sure you remember the point below this one while asking for your desired game(s). If you cannot find a suitable product wrt the below point, I will give you a Steam wallet code BUT please be advised, it will take some time, as I will be purchasing via Bitcoin.
[IMPORTANT] the below mentioned prizes are according to their equivalent values in Indian National Rupees (INR). When I buy you your game if you win, it will be according to the Indian version of the Steam store. So be sure to verify if the price of your desired game(s) falls within the range. Website : www.steamprices.com OR any other site that compares Steam prices across different countries. As of the time of writing this post, 1 USD = 63.61 INR.
Some of you on this sub might recognise me as a shameless heathen who frequently participates in giveaways (and wins some of them as well - thanks to you awesome people). I often feel guilty asking for games, while giving nothing back to this awesome subreddit. Things weren't/aren't so favourable for me either. My family doesn't like me spending money online. Since I am a high school student, I don't have a huge amount of money to purchase games. Hence, I had to look for benevolent and big-hearted people like you all. Recently, due to sheer luck, I discovered that one of my past (about an year old) Bitcoin trades (using a small amount of seed money my dad provided me) had been completed successfully. This giveaway is the first thing that I'm doing with that money, since you people are awesome beyond words, and I won't feel comfortable unless I've given something back to this wonderful community family, united by kindness and a love for gaming. I am also going to college this year, so I want to do this to ensure the goodwill/blessings (whatever you call it) of you people. Enough of my story, on to the prizes: GRAND PRIZE : a $50 Steam wallet code gone to shitty_voice (I might have to take a few lessons from you in drinking right haha). Chosen number: 195 SECOND PRIZE : any game(s) of your choice, under $30 or equivalent gone to Kwishwan, your hopes were not ill-placed. Chosen number: 784 THIRD PRIZE : any game(s) of your choice, under $10 or equivalent gone to Aquarek, have fun with it! Chosen number: 532 FOURTH PRIZE : any game(s) of your choice, under $10 or equivalent gone to -sadist, I'm glad I was able to make your month. Chosen number: 726 FIFTH (mystery) PRIZE : any game(s) of your choice, under $10 or equivalent : still left. Will choose the winner soon. snagged by u/Lolkaholic, thanks for the banter and advice. The first four prizes will be given out on the basis of a Random Number Generator (RNG), from 1 to 1000. Choose ONE number in this range, including both 1 and 1000. I will be using the RNG integrated in the Google search engine (find it by googling "random number generator") to decide the winners. The fifth prize will be a mystery prize, given out to a person of my choice (no RNG). I will NOT select based on additional information you provide with your entry, it will be a selection at my discretion only. The deadline for entries is a day from now, from the moment this post is submitted. I might not be available to select the winners immediately, due to personal constraints. But I will do so within at most 48 hours. Link your Steam IDs, so I know you're legit and not spamming. Abide by the sub's rules. Failure to do so will result in your entry not being considered. Winners will be notified via PM, and by a reply on their comments. I will also edit the post to reflect the winning entries. Go!
Please check (via Ctrl + F, or equivalent on Mac) if the number you're going to choose, hasn't already been chosen by another person! If you still decide to enter with a chosen number, I will assign arbitrary numbers to each of the entrants with the same number, and then draw another number from those. To prevent this hassle, on both your end AND mine, please choose different numbers!
Since it isn't possible to respond to everyone, thanks for the wishes, all of you. I really appreciate it.
If the number that the RNG selects has not been chosen by anyone, I will run it again until it selects a number that has been chosen by an entrant here.
Bitcoin as the Ultimate Haven from Hyperinflation: A Country By Country Analysis Of Worldwide Fiat Currency Inflation
https://cryptoiq.co/bitcoin-as-the-ultimate-haven-from-hyperinflation-a-country-by-country-analysis-of-worldwide-fiat-currency-inflation/ Bitcoin was created during the Great Recession that started in 2008, when the governments of the world printed trillions of dollars to bail out banks and corporations. Satoshi Nakamoto intended Bitcoin to be a decentralized form of money that could not be printed by governments at will. In the the Genesis Block Satoshi included the message “The Times 03/Jan/2009 Chancellor on brink of the second bailout for banks.” Fiat currencies continue to be the dominant form of global currency, but it seems logical that, if fiat currencies were to hyperinflate and collapse, Bitcoin would become the dominant global currency. This is because Bitcoin can be sent instantly anywhere in the world and is cryptographically secure. It is easy enough to integrate Bitcoin into any e-commerce store or physical store, and the customers of the future will be able to send Bitcoin from their smartphones via QR codes. Therefore, if fiat currency becomes obsolete, Bitcoin could seamlessly take its place and keep the global economy running. There has been plenty of hype that fiat currencies are collapsing, but this article will explore the current state of major fiat currencies in the world to ascertain the true situation. This is important information since the rate of fiat currency inflation by country is an important factor that will determine Bitcoin adoption rates and ultimately Bitcoin’s price. United States’ Inflation Rate The United States is perhaps the best place to start an analysis of global fiat inflation, since the USD is the world’s dominant fiat currency and perhaps the most stable long term. That being said, there is 2-3 percent annual inflation in the United States. If we split the difference at a 2.5 percent annual inflation rate, it means $100,000 stored in a bank will lose a whopping $22,400 of value over the course of 10 years, corresponding to 22.4 percent inflation per 10 years. Therefore, even in the United States, saving money long term seems impractical, and this essentially forces people to risk their savings by investing in the hopes that the money earned from investing will outpace inflation. It appears inflation will only worsen in the United States since the national debt is approaching $22 trillion, with a budget deficit of $1 trillion per year and growing. This situation will likely lead to increased money printing, which would increase the inflation rate. Therefore, saving money in USD long term does not make financial sense. Bitcoin is an alternative way to store money long term, although Bitcoin has yet to mature and can be extremely volatile from year to year. Euro (EUR) Inflation Rate Is 37.5 percent Relative To USD During The Last 10 Years One of the primary global currencies besides the USD is the Euro (EUR). For the rest of this global analysis, fiat currencies will be compared to the USD exchange rate to determine inflation, but it must be kept in mind that the USD itself is inflating at the rate of 2 to 3 percent per year. When the EUR launched in 1999, the exchange rate was one USD per 0.85 EUR. By 2002 the EUR weakened to 1.16 EUR per USD. The EUR then entered a period of vigorous strengthening, and the exchange rate fell to 0.64 EUR per USD by 2008. The Great Recession caused the EUR to begin weakening versus the USD long term, and currently each USD is worth 0.88 EUR. This represents 37.5 percent inflation relative to the USD in roughly 10 years. Back to the storing money in a bank analogy, $100,000 of EUR stored over the past 10 years would have lost the EUR inflation rate + the USD inflation rate. With this sort of inflation rate it seems dangerous to store money in EUR long term. It gets worse. The EUR is one of the top global fiat currencies, and there are many currencies doing worse than the EUR. United Kingdom’s Pound Has 65 Percent Inflation Relative to USD in 11 Years The United Kingdom (UK) is one of nine European Union (EU) countries that does not use the EUR, and eventually, the UK will leave the EU via the Brexit. However, the native Great Britain Pound (GBP) has done far worse than the Euro, with the exchange rate going from 0.48 GBP per USD in 2007 to 0.79 GBP per USD currently. This is 65 percent inflation relative to the USD during the past 11 years. Canada’s Inflation Rate Is 45.2 Percent Relative to USD During the Last 7 Years The United States’ neighbor to the north is similar to the United States in many respects. It is a fully developed and industrialized first world country. However the native fiat currency, the Canadian Dollar (CAD), has been experiencing severe inflation since the Great Recession. In 2011 1 USD was worth 0.95 CAD, and now the exchange rate is 1.36 CAD per USD. This represents 43.2 percent inflation relative to the USD since 2011, and of course, the USD has an underlying inflation rate as well of 16.2 percent during the last 7 years. Even in the first world country of Canada, it is becoming impossible to save cash for retirement or even for short-term goals like buying a house, forcing people to invest in the risky stock market. Mexico’s Inflation Rate Is 97.6 Percent Relative to the USD During Past 10 Years Since the 2008 financial crisis, the exchange rate of the Mexican Peso (MXN) has gone from 10.12 MXN per USD to 20 MXN per USD. This represents 97.6 percent inflation relative to the USD, and USD inflation means the true Mexican inflation rate is well over 100 percent per 10 years. This sort of inflation rate ensures that people have to work their entire lives and can never retire, and overall, this sort of inflation can cause the entire economy of Mexico to struggle. Bitcoin seems like an obvious alternative to holding MXN long term. It is quite shocking that a country bordering the United States has such high inflation, yet the mainstream media never mentions it. Russia Has 194 Percent Inflation Relative to USD Since the 2008 Great Recession Russia is a global superpower, with a gross domestic product (GDP) of $1.58 trillion versus the United States’ $19.39 trillion GDP. Despite being a superpower, the native currency of Russia, the Russian Ruble (RUB), has gone from 23.48 RUB per USD in 2008 to 69.08 RUB per USD currently. This yields a 194 percent 10 year inflation rate relative to the USD. Clearly, the Great Recession that started in 2008 is a common point when fiat inflation accelerated in many countries around the world. Japan’s Inflation Rate Is 46 Percent Relative to USD Over the Past 7 Years Japan is a first-world country and has one of the most important stock markets in the world. The GDP of Japan is ranked number three in the world at nearly $5 trillion. However, its inflation rate is far higher than the United States, at least since 2011. In 2011, the exchange rate was 76 JPY per USD, but it has now risen to 111 JPY per USD, a 46 percent inflation rate relative to the USD over the past 7 years. This is actually almost exactly the same as Canada’s inflation rate. China’s Inflation Is Only 14.4 Percent Relative to USD Since 2013, but China Tightly Controls the CNY China is the second ranking economy in the world with a $12 trillion GDP. Its position as the number one trading partner of the United States gives it power to manipulate the exchange rate of its native currency the Chinese Yuan (CNY). The CNY actually strengthened greatly versus the USD until 2013, when China relaxed its control over the CNY exchange rate to make it more competitive in the global import and export markets. Chinese control over the CNY and therefore, control over the profitability of Chinese imports, is a primary reason for the “trade war” between China and the United States. Since allowing the CNY to lose value relative to the USD, the exchange rate has gone from 6.04 CNY per USD in 2013 to 6.91 CNY per USD currently, a 14.4 percent inflation relative to the USD in 5 years. China is an outlier and has one of the lowest inflation rates relative to the USD. Switzerland Has One Of The Lowest Inflation Rates At Less Than 5 percent Relative To The USD In 7 Years Switzerland has remained independent of the European Union and does not use the EUR. Instead, it uses the Swiss Franc (CHF). The CHF actually strengthened greatly relative to the USD during the Great Recession, but the trend reversed in 2011. There was a rapid devaluation of the CHF relative to the USD from 0.76 CHF per USD to 0.94 CHF per USD during 2011. In The 7 years since then, the CHF has roughly five percent inflation relative to the USD and sits at 0.99 CHF per USD currently. That being said, it cannot be forgotten that the USD itself is experiencing 2.5 percent inflation per year, so even countries that have low inflation rates relative to the USD have a significant inflation rate overall. India Has Seen 79 Percent Inflation Relative to USD Since the Great Recession Began India has the sixth highest GDP in the world at $2.6 trillion, and the second highest population at 1.34 billion. Since the Great Recession began, the Indian Rupee (INR) has gone from 39.18 per USD to 70.14 INR per USD, a 79 percent inflation relative to the USD in 11 years. Unfortunately, India is slowly making Bitcoin more illegal and could fully outlaw it, so citizens may have to break the law in the future in the event that inflation accelerates and Bitcoin becomes a preferred way to store money. Indonesia Has 76 Percent Inflation Relative to the USD in Seven Years Indonesia has a population of 265 million, not far behind the United States, but its GDP is 20 times less than the United States at $1 trillion. Part of the reason Indonesia’s economy is weaker may be that the native fiat currency, the Indonesian Rupiah (IDR) has gone from 8,250 per USD in 2011 to 14,550 IDR per USD currently. This is 76 percent inflation relative to the USD in 7 years, around the same rate as India. However, Indonesia has banned Bitcoin as of 2018, which would make it difficult for citizens to use Bitcoin in the event inflation spirals out of control. Brazil Has 152 percent Inflation Relative To USD In Past Seven Years, Despite Being the Strongest Economy In South America Brazil has the most powerful economy in South America with a $2 trillion GDP. However, South America as a whole is experiencing out of control hyperinflation, and Brazil seems to be feeling the effects. The Brazilian Real (BRL) has gone from 1.55 per USD in 2011 to 3.91 BRL per USD currently. This is 152 percent inflation relative to the USD in 7 years. There does not appear to be any inflation safe haven in South America, and this could make South America a Bitcoin adoption hotspot. Venezuela Has Ridiculous Inflation Around One million percent Per Year; Bolivar Collapsing The end game of fiat currency inflation, if left unchecked, is currency collapse. A classic example of currency collapse is the situation in Venezuela, where the Cafe Con Leche Index suggests 400,000 percent inflation per year, although if a shorter term average is used it is 1 million percent per year or more. It would be shocking if the native fiat currency of Venezuela, the Sovereign Bolivar (VES), is still usable one year from now. Bitcoin is legal in Venezuela, and there is plenty of news which indicates people are abandoning the VES for Bitcoin. South Korea Has Zero Inflation Relative to the USD South Korea is considered a powerful economy relative to most of the world, with a GDP of $1.5 trillion despite the country’s small size. The South Korean Won (SKW) has essentially zero inflation relative to the USD long term aside from an exchange rate shock during the 2008 Great Recession. That being said, inflation is still a reality in South Korea since the USD has average inflation of 2.5 percent per year. Australia Has 53 Percent Inflation Relative to the USD in Seven Years Australia essentially has a continent to itself, but it is not isolated from the global fiat inflation crisis. The AUD actually strengthened massively versus the USD from 2001 to 2011. However, the trend reversed, and the exchange rate has gone from 0.93 AUD per USD in 2011 to 1.42 AUD per USD currently. This is 53 percent inflation relative to the USD in seven years. Israel Has Zero Inflation Relative To USD Long Term Israel is in the Middle East but does not have strong connections to the economy of the rest of the Middle East and, apparently, a different monetary policy than most of the rest of the world. Israel is only comparable to the United States, South Korea, and perhaps Switzerland when it comes to fiat currency since the Israeli New Shekel (ILS) has practically zero inflation relative to the USD long term although there are shorter term oscillations. Like the other countries listed with zero USD relative inflation, inflation still exists because the USD itself is inflating. In total, there are 180 fiat currencies in the world, and here, we’re covering just 16 of them. We could keep going, but the trend is already clear. Even in major countries with powerful economies, inflation has become a serious issue, with some major countries experiencing 50-200 percent inflation relative to the USD over the past decade, and those numbers don’t even take in the 2.5 percent per year USD inflation underlying them. It is possible that worldwide fiat inflation will accelerate due to the growing global debt crisis. That’s especially true if an economic recession occurs since that would force a rapid increase in money printing. So we’re in a global situation that needs to be actively monitored. Even if the status quo is maintained long term, most of the world’s population cannot realistically save money for the future because it’s going to lose value over time. This is a major shift from our parents’ generation when saving money was the smart thing to do. The good news is Bitcoin is waiting on the sidelines. It’s ready to become the global currency if fiat currency collapses worldwide. Even if fiat does not totally collapse, perhaps once Bitcoin matures and becomes more stable, it will be a good option for saving money long term since its value is independent of fiat inflation.
We are amidst of the most exciting of times never seen before, at least in couple of generations. UBER, Amazon, Swiggy , Whatsapp and all other game changing technologies disrupting the respective industries for good. UBER is more valuable company than 100 years old automobile companies! So after all the important industries disrupted it was time for the King of industries to be disrupted. CASH IS KING. To Understand money more better, we need to know the ROOT of new age money. There was a time before 400 Years when people used gold as medium to exchange goods or services. People use to pawn their gold to a particular gold smith in German and use to get GDR(Gold Deposit Receipt) simply a receipt to redeem gold when needed, but as dealing with gold as medium was not much practically comfortable, people started to use the receipt(GDR) to buy and sell goods and services, as every one recognised and believed the receipt was backed by gold with known gold smith. Once it was popular and became a practice among people to use receipt as medium to exchange value, few smart lads started to create same kind of receipt, now this became a problem to people and gold smith, that’s when historic change happened not only did the goldsmith found a way to create receipts which were not easy to forge also he saw opportunity to create more receipts than the gold he held, that’s when RESERVE BANKING started and from there he perfected the art of balancing the number of receipts which did not create inflation at the same time enough receipts were available in market. The receipts are called as currency in modern days RESERVE BANKING Once they perfected the art of reserve banking, they with new found wealth and knowledge kept introducing Reserver Central Banks all over Europe and World with the help of England. England which colonized many countries was funded by the same bankers who made fortune with and Gold, Diamonds looted from world and introduction of LSE(London Stock Exchange). In early 1900 as England was loosing control and USA being the next World power, these banker had to capture US financial system, with hook and crook(for inquisitive minds a few bread crumbs, sinking of titanic, brenton woods) they introduced Federal Reserve Bank in USA World Wars When the whole world was fighting, USA did not participate in those wars instead they choose to sell arms to all nations and strategically they accepted payments only in GOLD, so by end of two wars almost entire planets gold was with USA( Fort Knox). After world war was over nations did not have gold to trade between nations but as every one knew US dollar was backed by gold so every nation started using dollar as international currency as part Brenton-Wood( 1944) agreement and that made USD very valuable. Slowly USA started to export inflation to other countries and one fine day they could print more USD as there was not enough GOLD to back their USD, so president Nixon did
“ unilateral cancellation of the direct international convertibility of the United States dollar to gold.” — 1971
which means no nation could convert USD to gold which was the underlying faith for nations to accept USD as international reserve currency. France started to question this move and followed by other nations. That’s when USA had to think of creative solution for this crisis. OIL — The Black Gold and SWIFT With help of Saudi Arabia(OPEC) USA had forged a deal where only Crude Oil would be sold in USD, the technology or payment rail was SWIFT. SWIFT used USD as underlying currency to transfer value between nations. So if some bank wanted to send money India to Japan they had to use SWIFT payment network which in turn converted INR-USD and from USD-JPY
SWIFT was founded in Brussels in>! 1973!<
Many countries tried to break the the reserve currency status of USD, but everytime it was not very successful and the countries which tried that had to face server retribution from USA, as USA had built a very powerful military-industrial complex through out the world. Asian currency crisis Thailand triggered the Asian financial crisis by delinking the baht from the US dollar. The Bank of Thailand cut the baht loose on 2 July 1997 after the currency , had been under sustained attack by speculators(Hedge Funds from USA and London). This crisis spread to Asia. War on terror When Iraq wanted to sell their oil in Euro by ditching USD, not only Saddam Hussain dreamt of it, he also went and commissioned a Oil Trade Exchange with high speed internet and he also had done pilot testing, that’s when September 11 attack happened and America had to go for War on terror and they believed Saddam had Weapon of Mass Destruction(WMD) and they destroyed him and his ambitions to trade in Euro Leaders from Venezuela, Libya(Gaddafi) and Iran tried the same but ended up dead or wounded very badly Petro Yuan China has been watching this and they knew it was not easy to bring down USD as they ere the major holder of USD as foreign reserve and they would suffer very much, at the same time USA debt was increasing massively which means, logically USA could not pay interest for at least a century, so China started a long strategic move where they slowly replaced USD with Yuan like asking euro zone to accept Yuan, giving neighboring countries loans in Yuan and One Belt One Road(OBOR) initiative, finally declared PetroYuan which means Oil could be purchased in Yuan which was supported by Russia, Iran and Saudi. USA could show their aggression as they did with other countries but as China is super power with Russia’s support so they could not use the old strategy. But USA always had innovative way to handle dollar crisis The innovative solution — Cryptocurrencies (Blockchain Technologies) or Bitcoin In 2008, Bitcoin was invented and in over a decade it died many deaths but always came out strong. Cryptocurrency are not backed by anything but, only we all collectively believe and accept there is value in it. It’s non-mutable decentralized ledger where all the transactions are recorded and approved by major of the network participant. It’s not centralized like Bank where database can be hacked or brought down. After a decade the technology is now accepted widely and found some serious application in real world.
Bitcoin could not scale or live up to expectation to be today's currency as it is pathetically slow, high cost of transaction and nearing 51% problem as most of the miners are from China
XRP new world Currency? Interestingly there’s a cryptocurrency which is decentralised but controlled by private entity and trying to solve real problem i.e sending money between countries seamless , real time, transparent and dirt cheap. It’s replacing SWIFT (The old payment rail for petrodollar). SWIFT was designed 40 years back, with SWIFT system trillions of dollars are stuck with banks doing nothing which will be released once Ripple replaces SWIFT. Already people in Japan and South Korea, Singapore, USA, Australia and UK have started to use XRP as payment method in day today transaction. XRP has the potential to be currency of every denizen of planet earth. Already central banks and monetary authorities tripping over each other to integrate ripple. Ripple has wholistic solution to be a global liquidity provider and has been making right moves with IMF, World Bank, Central Banks, Authorities and regulators through the world and slowly and steadily it's progress is on course. XRP is set to become the new world order international currency. At last, money is changing and will change so fast that you will even not realize that every thing change as it happened with photography.
Future is not seen with eyes but an inquisitive mind.
The Government may infuse around Rs 40,000 crore into PSBs in 2019-20 as it looks to strengthen their balance sheets to enable them to step up lending. An announcement to this effect is expected in the Budget on July 5. A senior government official told that a plan is being firmed up to help banks expand credit offtake further. -Economic Times As the Government gets down to prepare its first Budget, North Block, which houses the Finance Ministry here, will be in ‘quarantine’ from Monday until the presentation of the Budget on July 5. The Ministry will be out of bounds for visitors and media as it gets down to prepare the Budget for 2019-20 fiscal year. -Business Line The RBI modified the guidelines on large exposures for banks with a view to reduce concentration of risk and align them with the global norms. The modified 'Large Exposures Framework' (LEF) provides exclusion of entities connected with the sovereign from definition of group of connected counter-parties. As per the revised norms, the sum of all the exposure values of a bank to a single counter-party must not be higher than 20% of the bank's available eligible capital base at all times. In exceptional cases, board of banks may allow an additional 5% exposure of the bank's available eligible capital base. In case of groups of connected counter-parties, the sum of all the exposure values of a bank to a group of connected counter-parties must not be higher than 25% of the bank's available eligible capital base at all times, the revised LEF said. -Moneycontrol.com The Supreme Court today allowed Serious Fraud Investigation Officer to reopen and recast the accounts of IL&FS, IFIN abd IL&FS Transportation Networks Limited (ITNL) of the past 5 years. The order by the top court came on a plea moved by the Ministry of Corporate Affairs, which had sought to examine the books of the Co between FY 2012-13 and 2017-18. -Business Standard ICICI Bank today launched a center in Bengaluru to provide business solutions exclusively to start-ups and MSME sector, all under one roof. -Business Line The SBI has targeted to grow 10-12 per cent in the current financial year, on the back of green shoots of revival in credit demand and better recoveries of loans. -Economic Times Axis Bank promoted Axis Trustee Services LTD has become the first trustee to start operations at Gujarat International Financial Tec-City (GIFT) City's International Financial Services Centre (IFSC). -Business Standard Fitch Ratings has downgraded the ratings of ICICI Bank and Axis Bank due to ‘challenges’ faced by them and lowering of India’s operating environment. It has downgraded ICICI Bank’s Long-Term Issuer Default Rating (IDR) to ‘BB+’ from ‘BBB-’ and its Viability Rating to ‘bb+’ from ‘bbb-’. The outlook on the IDR is Stable. Fitch has also affirmed ICICI Bank’s Support Rating at 3 and Support Rating Floor at ‘BB+’, it said in a statement late. -Business Line Having initiated a crackdown on a suspected coterie of fraudsters in the IL&FS case, the government's financial fraud probe agency SFIO has recommended necessary action against the guilty auditors and also a detailed internal investigation by the RBI to identify reasons for the delay in detecting the lapses. -Economic Times The RBI has banned audit firm Batliboi & Co. LLP to conduct audit of commercial bank for one year starting April 1, 2019, due to lapses. -The Hindu Bitcoin fell back below the $8,000 level for the first time in more than a week to halt its most recent rally, leading a wider retreat among cryptocurrencies. -Business Line The Delhi High Court has imposed Rs 10 lakh cost on online insurance aggregator, Policybazaar, for concealing facts to obtain an ex-parte injunction in a trademark infringement case filed by it against an insurance Co. -Economic Times USD/INR 69.26 SENSEX 40083.54 (-184.08) NIFTY50 12021.65 (-66.90)
The Supreme Court today directed the RBI to disclose information pertaining to its annual inspection report of banks under the Right to Information (RTI) Act unless they are exempted under law. A bench headed by Justice L Nageswara Rao also directed the federal bank to review its policy to disclose information relating to banks under RTI, saying it is ‘duty bound’ under the law. -Business Line In a move to improve customer confidence in NBFC lending routes, the RBI has announced to extend the ambit of Ombudsman scheme for NBFCs to all eligible non-deposit taking NBFCs as well, effective from today. The scheme which lays down rules for redressal mechanism in cases of customer complaints was earlier applicable only to deposit-taking NBFCs. -Economic Times Resolution plans under IBC have yielded 200% of liquidation value for creditors in addition to rescuing viable firms, IBBI Chairperson M S Sahoo has said. -Economic Times A Mumbai bench of the NCLT has issued notices to the CEOs of Axis Bank and Standard Chartered Bank on a plea by the Ministry of Corporate Affairs after it was found that former IL&FS executive Ramesh Bawa had transferred Rs 1.14 crore from his bank accounts to the accounts of his wife and daughter despite the court ordering the freezing of his accounts. -Economic Times The Finance Ministry has approved 8.65% rate of interest on EPF for 2018-19 as decided by retirement fund body EPFO, benefitting more than 6 crore formal sector workers. -Economic Times YES Bank today reported a surprise loss of Rs 1,506.64 crore for the quaarter ended March 31 on spike in provisions and contingencies. The bank had posted a net of Rs 1,179.44 crore for the corresponding quarter. -Economic Times Crypto currency is a "ponzi scheme" and should be banned to protect the interest of investors, a government official said today. Amid continuing debates about crypto currencies such as Bitcoins, the Investor Education and Protection Fund (IEPF) Authority, which comes under the corporate affairs ministry, is in favour of banning trade in such currencies. -Economic Times Hinting that Jet Airways employees are unlikely to receive their salary dues till the stake sale process is completed, Vinay Dube, the CEO of Jet Airways, today told airline employees that the lenders have so far provided no clarity on releasing emergency funds required to meet salary dues. -Economic Times USD/INR 70.01 SENSEX 39067.33(+336.47) NIFTY50 11754.65(+112.85)
Exchanges The best way to support XRP is to buy/sell XRP directly with your local currency, not with USDT, ETH, LTC, or BTC. Available XRP pairs - AUD, BRL, CAD, CNY, EUR, GBP, IDR, INR, JPY, KRW, MXN, PHP, RUB, THB, TRY, UAH, USD, ZAR. You can find the complete list of XRP exchanges and supported XRP/fiat pairs Here.
Bitcoin Price (BTC). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Skip to content. Prices. Products. Company. Earn crypto. Get $171+ Sign in. Get started. Price charts Bitcoin price. Bitcoin price (BTC) Add to Watchlist $ 13,070.01 +0.56%. 1h. 24h. 1w. 1m. 1y. all. $0.0000 January 1 12:00 AM. 10:56 AM 3:06 PM 7:17 PM 11:27 PM 3:38 AM ... Bitcoin - Indian Rupee Chart (BTC/INR) Conversion rate for Bitcoin to INR for today is ₹966,667. It has a current circulating supply of 18.5 Million coins and a total volume exchanged of ₹1,423,495,386,529 Bitcoin USD price, real-time (live) charts, bitcoin news and videos. Learn about BTC value, bitcoin cryptocurrency, crypto trading, and more. Bitcoin in India: Live INR Price, Best Exchanges, Taxes, and History. India’s general attitude towards cryptocurrency has been negative. In 2017, the central Reserve Bank of India (RBI) considered a now-defunct proposal to introduce its own cryptocurrency, Lakshmi. It has also been looking into encouraging blockchain technology in financial and payment institutions. But the government has ... Bitcoin is a decentralized peer-to-peer network that enables easy transfer and storage of money in its ’blockchain. It is an open source meaning anyone can make use of its’ platform, and it is also decentralized, meaning that, any central authority does not regulate it. It was created by anonymous cryptographer called Satoshi Nakamoto in 2009. More. THE TEAM. Bitcoin was created by an ...
Highlights from The Value of Bitcoin Conference on June 3rd, 2019. After more than 10 years, Bitcoin is still around and the signals that indicate Bitcoin is here to stay are only getting stronger. Skip navigation Sign in. Search Dan Geltrude, CPA – appeared live on “Prime Time with Dan Klein” and explained how Bitcoin is valued on WOND Radio on 6/14/18. Bitcoin Currency Exchange to INR Indian Rupees contact - www.atheworld.com In the first episode of "the bit," FundStrat Global Advisor co-founder Tom Lee explains different methodologies for valuing bitcoin. Lee shares his short-ter...