Does coinbase charge to send btc to another persons wallet
I know coinbase charges you when you buy currencies through them. I plan on purchasing an item through a seller and they accept bitcoin as payment. I wanted to know if coinbase charges to send btc to another persons wallet.
Heads up! LBA (Cred) is a CeFi company offering great interest rates on Crypto holdings through Uphold, Bitcoin(dot)com, and some other major projects. There are 1 billion tokens max, 875m circulating. Current price ~$0.015 CredEarn is the program that users earn interest. Premium interest rates are given to users who stake 10,000 LBA tokens. Example: Bitcoin interest rate is 4% standard and 7% if staked 10k LBA. Since there are 1B tokens and 10k staking for premium, there will only ever be max 100,000 premium accounts. Interest earnings are available on over 30 coins, including stablecoins, btc ltc eth, and even LBA itself. The company holds $200M in assets. Defi projects value holdings as mkt cap (see COMP Compound(dot)finance as example). If LBA followed that model for valuation, the token should trade closer to $0.20... 10x+ its current price. With growing adoption and when bitcoin moons 5x, it is possible that Cred Assets will raise from 200M to 2B. In the above scenario, the mkt cap valuation would value LBA at $2.00. Using current valuation ratios, .closer to $0.15. This is my case for a 10x to 100x moon for LBA. 200m assets, 12m mkt cap (realized) and huge growth with limited token supply. If an investor wants to put $1,000,000 into CredEarn... w/o staking, will earn $40k/yr. Staked is $70k/yr. Of course they would pay $10,000 to stake for premium. Afterall, you can unstake at any time!
I bought groceries with the BAT that I earned while browsing the web. (No manual conversion)
I can't believe what I just typed lol. The future is now. First off, I'd like to state that I didn't get paid to say this. I got selected as part of a beta program for Upholds debit card and thought it was genuinely cool given the circumstances. The way that it works is that you download a seperate app to that of the officail Uphold app. If you're familiar with uphold, you'll know that they create these digital cards for your assets/claimed social profiles. You then go into the app, select the asset that you want the debit card to debit when swiped, and that's it. Whatever asset you selected before swiping, it will exchange that crypto at market price at the time, and convert to dollars. Or if you loaded your USD wallet on uphold with actual USD, then you can transact directly in USD. So ya, as the title states, I bought tonights dinner with BAT that i've earned while browsing the web. No need to manually convert cryptos in USD or any of that hoopla. Just swipe and done. This makes it even harder to use any other internet browser. Edit: Wow, didn't know the post was going to garner this much attention! Top voted post in the sub and I got my first ever gild. :,) Glad to be apart of this community and witness this really cool project. I would have never thought that one day that i'd get paid for viewing ads while browsing the web. Let alone having a debit card that can purchase goods with digital assets other than USD. <3
Launched our first Tribe Competition for National Pet Photo Data where the member with the pet voted the cutest will win $100! The first day was so successful, our servers crashed! Take part in the first UBDI competition before it ends
Increased the size of photos in the feed, so your pets are always in the limelight
Created new charts for our investor group which will compare data from actual member crypto holdings with market expectations that can be filtered by data attributes.
Added new App Store screens to show our new style and path
Released our new App Demo video to preview the future of UBDI
Public traits are now live! Settings → Tribes Management to pick the traits you’d like to show off in each tribe, change the color of your avatar to make your avatar feel more unique, or leave a tribe all together
Before I started using Uphold to purchase Bitcoin I used LocalBitcoins.com and switched to Uphold because it worked out cheaper at the time. However, last night I went on LocalBitcoins to see if anything had changed and I found out that it would in fact be cheaper for me to use LocalBitcoins by about £2-3 per transaction. Localbitcoins.com transaction fee to withdraw to a wallet is 0.00001451 Satoshi, ( approx. £0.11), whilst Upholds flat network fee is 0.00030 Satoshi. I have made numerous Bitcoin buys thru Uphold since January when I began and could have saved £2-3 per transaction. The moral of the story is that I advise people to shop around for the best rates as you can learn something new every day of the week and its never too late to pick up a bargain. Onwards and upwards. Viva Bitcoin 🏴.
Bought a small token ammount of bitcoin on uphold as a test (first purchase), and a couple days later bought a much larger chunck (relatively). The next day i got an email saying my account was suspended, and customer service has not responded in about 3 days. Any advice on how to proceed? I have already posted in the uphold official sub reddit and left one star rating on google play. Has not generated anything as of yet. Thanks for the help. If this is the wrong forum please let me know which forum to move this to. Thanks! Update: 4 days after recieving receiving notification that my account was suspended, i finally got a response asking me to confirm my identy (again) and provide more details about the card i used to conduct the transactions. I provided this to them and recieved a response about one day later that they could not offer me an account and would refund my money. Still have not recieved the refund. I am interested in how they will calculate the refund. Conclusion so far: would not use uphold due to the slow customer service. Additionally, if they suspend your account, you can no longer see any data related to your account, so ensure you take screenshots to have proof of what asstets you own in case you need it. I will also say i understand some of the additional scrutiny, as i am a US citizen living overseas, but due to my job status, everything is treated as if i was in the US. They collected enough of my personal where this should not have been a problem (this is one of the reasons i did not start with coinbase pro or Gemini - they won't verify my account because some of my data does not match i.e. my cell phone number is a non US number). Got to start looking for non kyc exchanges that are reliable. Was really hoping to avoid the higher fees. Update 2: finally got my funds returned, to include fees (except .10 cents).
Universal Protocol Token (UPT), native token of Universal Protocol Alliance formed by Bittrex, Brave, Uphold, Cred, BitGo and more
Hi all, I'm a long time reader, first time poster. Thought you guys maybe interested in learning about Universal Protocol Token (UPT). Who's Universal Protocol Alliance? (quoted from their website)
We are an alliance of like-minded cryptocurrency companies and blockchain pioneers. Our mission is to bring 100 Million new users into cryptocurrency. Our technology, the Universal Protocol Platform, is a transformational development for the entire blockchain industry, allowing new types of digital assets to be created and all cryptocurrencies to be convertible on a single network.
Brief Introduction UPT is used to redeem digital assets locked in full reserve on the Universal Protocol, and conversion (wrapping) fees will be paid in UPT. Token holders also have governance right, discounted trading fees and interest rate for loans in the ecosystem. Utilities summarized in this pic. UPUSD and UPEUR are already listed on Bittrex and Uphold, and UPBTC is available on Uphold. The reserve situation is fully transparent. My analysis of UPT: Pros -Backed by prominent industry players -A lot of similarities with Project Libra and BNB -Universal Protocol Alliance bridge nicely between legacy system and crypto (e.g. optional key recovery, inheritability, custody service) -Currently trading at 40% off from ICO price (US$0.01= 1 UPT) -Hugely under the radar (not even on CMC) Cons -Low liquidity (at the moment) -Low circulating supply (at the moment) -Only 20% of the token were offered for Token sale and 40% allocated for public purchase Website:https://universalprotocol.io/ Market: Bittrex, Bitcoin.com
Pi Network! This golden project is an opportunity.
What is Pi Network?
Pi Network is a virtual currency that can only be mined or mined on a phone, but does not consume device resources like other free mining applications. Previously Pi Network could include mining applications such as Electroneum (ETN), but this application consumes your device resources to decode the algorithm (Electroneum uses cryptonight algorithm). With Pi Network, when you dig coins will feel the device does not heat up. In addition, you can also turn off the application or turn off the network and still be able to mine coins every 24 hours.
Pi Network is still in BETA. The project is still in progress which means that there will still be errors and some details of the project are still changing. While many cryptocurrency projects start from pure theory, Pi Network seeks to balance theory with design and people-centered (or experiment with real people to best meet their needs). ). The project appreciates your patience and welcomes your input as we work together to develop products that best meet community needs. Pi does NOT give you free money. This is a long-term project whose success depends on the common contribution of its members. Pi helps people capture economic value, which is held by banks, technology giants (e.g. Facebook, Amazon) and other intermediaries. Pi depends on the contribution of the members. Therefore Pi NetWork is not suitable for those who want to make money quickly.
2. Is Pi Network scam?
Pi is not a hoax. This is an attempt by a group of Stanford University alumni to spread the cryptocurrency to more people. Pi Network's core team is led by two Stanford PhDs and one Stanford MBA, all of which help build the blockchain community at Stanford. There is no guarantee that the project will succeed. However, Pi Network will work hard to make common dreams a reality, while upholding the highest standards of transparency. You can learn more about Pi's core team on the app, or simply by typing these people 's names into the Google search page: - Nicolas Kokkalis: Head of Technology - Department Chengdiao Fan: Vincent - McPhillip Product Manager: Community Manager 📷 https://preview.redd.it/rozcs5h1p4351.png?width=710&format=png&auto=webp&s=c5952d879514c33e643958aab8d5ca5ae382ba41
3. How to make money with Pi Network?
How to exploit Pi Pi Network does not call you to invest or do anything. Your job is very simple, you just need to have a phone, download the Pi Network app and create an account, press the Start button daily and the PI digging will take place even if your computer is not connected to the internet . You also do not need to open the active application. Pi does not affect your phone performance, does not drain your battery or use your network data. To start earning Pi, check the app every 24 hours and press the lightning button to start mining. You can increase your hourly Pi rate by inviting friends and family to join the community. After 3 days of exploitation, you can increase your income even more by building your security circle, which contributes to the overall security of the network. And remember, veterans of the network have a higher rate of extraction than the members who come after them. Why are veteran members exploiting more? Pi's goal is to become a widely distributed and widely used electronic currency in the world. To achieve that goal, Pi encourages members to contribute early to ensure the success of the project (eg network protection and development). To reflect the importance of early contributions, the rate of extraction decreases as more people join the network. At this point, the base mining rate will be halved every time the number of active users increases by 10 times. This ratio will be reduced to zero when the network reaches a certain number of users (for example, 10 million or 100 million). At the time, like Bitcoin, miners would continue to receive rewards with transaction fees, rather than being rewarded with new coins. What is the Pi Network security circle? The security circle is a group of 3-5 trusted people built by each Pi member, to prevent fraudulent transactions. While cryptocurrencies like Bitcoin secure their ledgers by forcing mining companies to burn energy (proof of work), Pi still guarantees its ledger when members of the network prove trust with each other. Pi contributors guarantee each other by building up security groups of 3-5 members whom they deem reliable. The security circle should include people you trust not to make fraudulent transactions. The cyber security circles form a global trust chart to determine who can trust to conduct transactions on the Pi ledger. https://preview.redd.it/rmekfcizo4351.png?width=710&format=png&auto=webp&s=92a054233ec9c1844b32c24b0a06d0a47e9302b1
4. What is the Pi price?
Pi is worth approximately 0 dollars / euro. Yes! If the price is $ 0, then we dig PI do? Also you wonder when PIs will be valuable? While everyone thinks that PIs are not valuable and do not participate, just like when BITCOIN 2008 had no value. If you are a PI holder PI holders have two options to convert PIs into cash: - Buy goods and services directly with your Pi. Pi Network is building a peer-to-peer market where members can directly spend Pi to buy goods and services. Pi Network aims to start a bank transfer test in its application immediately after Q42019. - Exchange Pi for cash on cryptocurrency exchanges. Pi will be able to be traded during Phase 3 of the project (such as when launching the Mainnet). At that time, exchanges may choose to list Pi. At this point, Pi's core team focuses on implementing the right technical roadmap to reach phase 3. (I still remember in 2015, in MMO communities, competing to receive free coins called Raiblocks (XRB) by typing captcha, each type of such a lot of XRB, it can be said that the day that XRB has no price value, almost 0. Later in early 2018 when Raiblocks changed its name to NANO project, the peak of 1 NANO coin reached 34 USD, sweeping away the dream of millionaires of MMO people, because at XRB, they sell very cheaply for each other. You can refer to the NANO price chart below) https://preview.redd.it/r8rll5eyo4351.png?width=710&format=png&auto=webp&s=235368ab0b53c5e1b09c2c88bd13e345ae26eaae
5. Download the Pi Network application
Pi Network currently supports both Android and iOS operating systems, you can access the Google Play app for Android or App Store for iOS and search by keyword "Pi Network" or click directly at the following link: https://minepi.com/150791
You cannot withdraw the Pi. You will be able to withdraw Pi or exchange Pi for other currencies during Phase 3 of the project, when Pi switches to a completely decentralized blockchain. Phase 1 of Project Pi is on March 14, 2019 (Pi Day). In Stage 1, your balance is being recorded to wait for the day Pi reaches the mainnet (Phase 3). The transfer or withdrawal of Pi is restricted until the mainnet launch, to prevent fraudulent actions, such as clone users to dig Pi, then transfer Pi to another account and legalize the process. verify your account and use that nefarious Pi number.
8. Should you dig Pi on multiple phones?
No, you SHOULD NOT dig PI on many devices. Pi Network adheres to a strict rule, meaning that only one account can be used per person. Pi Network uses a multi-pronged strategy to ensure that fake accounts cannot exploit Pi First, the Pi network uses Google Recaptcha v3 to know which devices are operated by humans or robots. (This technology is completely invisible to most users, because they are real people, but robots can see the captcha if the google algorithm captures them.) Over time, Pi Network is developing a machine learning algorithm based on actual user exploitation behavior to predict bots. Second, the Pi consensus algorithm (security circle) makes it easy to detect fake accounts. The fake account will not have enough real people to link to them through the security circle. Thus fake accounts will have less linkage with the rest of the network. This anomaly is easy to detect with computer algorithms. Finally, when Pi enters Stage 3 and 4 - Mainnet, only authenticated accounts can exist. Buy
At today rate 43,500 BTC were traded during 2019 in Venezuela using LocalBitcoin, which is around 314,000,000 USD (leader in South America). Minimum wage is 3 USD per month. Today one BTC is around 314,000,000 Bs. (Bolivares)
Hi guys, me reporting again. Happy new year! That is the volume ONLY using LocalBitcoin (LBTC), here people use Uphold, Airtm and other exchanges (even local ones). Minimum wage (which is earned by a big chuck of the population, not like other countries) is 150.000 Bs. (Bolivares) wage (3 USD) + 150.000 Bs. food bonus (3 USD) PER MONTH. Government gave away a 0.5 Petro airdrop to a lot of people two week ago as a "bonus", which is around 30 USD. More than a crypto, Petro works like an asset its USD value is fixed and the thing that changes is the Bs. (Bolivares) value. From the crypto perspective, it was ok, even when I dont sympathize with the current government. Anyway most of the people exchanged it to fiat to purchase food, even when the USD price of the petro is fixed as there is a lot of offer and low demand, people are paying low. This is a way of direct subside to people in need instead of subsiding the final products. So they are moving a little to the center from the left. Biggest bank note is 50,000 Bs. which is around 1 USD. You need to use debit and credit, bank transfer, cryptos and USD to pay anything. There is a big department store, called Traki that accepts (besides USD and Bolivares) ETH, BTC, LTC and PETRO. This after 5 zeroes were shaved from the currency less than a year ago and 3 zeroes more 12 years ago. So that banknote would be 5,000,000,000,000 Bs. Here in Venezuela situation is really hard, some people dont believe that amount is the minimum wage. I work and earn a little more than that (anyway, the amount is really low, I'm sure with that amount I would be living homeless in Colombia, Peru or Panama for example), usually get some donations from redditors (I really thank them!) and do some freelancing work (translating mostly) and it is really hard to keep up daily. Sometimes people encourage me to keep posting. Scarcity has lowered because goverment "opened" a little (their "center" movement), you can find a lot of products now at the stores and supermarkets (national production or imported), if you have a good wage or income you will be "better" now but if you are old and your only income is around one or two minimum wage, you cannot even enter the stores and you only can but two kilos of meat with your monthly wage. https://www.usefultulips.org/Latin%20America_Page.html https://www.diariobitcoin.com/index.php/2019/04/29/traki-la-tienda-por-departamento-venezolana-cuenta-por-que-acepta-criptomonedas/ Sources: https://coin.dance/volume/localbitcoins/VES/BTC https://www.usefultulips.org/Latin%20America_Page.html https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/ Official rate (Venezuelan Central Bank http://bcv.org.ve/ ) is 46.620 Bs. (Bolivares, national currency) per each USD. Street rate is almost the same. https://dolarsatoshi.com/ AMA!
Cost basis/income tax calculations for BAT earned from ads
So, seeing posts like this one around here is making me concerned. If I simply have Brave Rewards enabled in my browser, and nothing more - I'm not registered as a creatopublisher, I'm not verified with Uphold, I haven't in any way cashed out my tokens - what in the heck do and don't I have to report on my 1040 to avoid getting stuck in a perjury trap? Every website and Reddit commentor seems to have a different answer on this. Some of the answers are more clearly in line with IRS guidance than others but in many cases there is no clear sense to be had of which is "more reasonable" than the others. Yet since I've had Brave Rewards enabled since mid-2019, it behooves me to "get this right" when I fill out my 2019 tax return, lest the IRS come down on me for being inconsistent with my answers should I have better answers to these questions in future years. The IRS is clear on one thing: cryptocurrency, in general, is valuable property and treated much like gold or other non-dollar capital assets (whether or not they're intended or used primarily as "money"). If your employer pays you in bitcoin (or gold, or a car, or a cow, etc.), you owe taxes on that income the day you receive it, whether or not you "cashed it out" by selling it for dollars. The IRS expects you to compute a "cost basis" for the property you received by determining its current "fair market value" in dollars, and that's what you report on your tax return. If and when you sell that property for dollars at any later date, that's a separate transaction, which may or may not incur a capital gain or loss (difference in value you received from the sale vs. what it was worth when you originally got the property), and that is reported in its own line on the 1040 (separate from ordinary income, depending on whether you held the property more or less than 1 year before selling it). So far, so good - that's all straightforward enough and well-precedented since it's the same thing people are used to doing for other capital goods such as stocks/bonds, precious metals, or real estate. It's even straightforward for people who simply trade crypto as an investment, like Bitcoin or whatever. In that case it's no different (tax-wise) from trading gold, and if you do it through a broker like Coinbase, Uphold, etc. you'll probably get a nice statement at the end of the year that breaks it all down and you can import into TurboTax or whatever. That's still well and good for those who (like many here) are trading BAT as an investment, like any other crypto. But Brave Rewards's BAT microtransactions are a whole 'nother level of craziness. If we're just using BAT within the Brave ecosystem - receiving it from ads and tipping/auto-contributing it back to publishers - does it ever enter the world of "capital assets" from my perspective as a user? If so, how the heck do I compute my cost basis? How on earth do I know how my BAT balance breaks down in terms of amounts received on particular days, which I absolutely need to know if I'm going to look up BAT/USD exchange rates online to compute cost basis information? Brave currently doesn't provide any sort of "wallet statement" showing transactions in or out of the browser on a date-stamped basis. I know that's planned for "the future", but that doesn't exactly help me for doing my 2019 taxes. I realize that Brave cannot give "tax advise" per se, ad nauseum. But surely Brave has done some thinking about the tax implications of BAT/Brave Rewards for ordinary users, versus just saying "have fun explaining this to the IRS" - right? We know that Brave can and does make legal statements about what they believe, as a company based on the advice of their corporate counsel, the legal status of BAT is (see e.g. this answer in the official FAQ). That, of course, doesn't guarantee that the government will see it that way (or that a judge will), but it's at least helpful to know "some professional lawyers spent a lot of time studying this and think the law says X", because that's a heck of a lot more than us randos on the Internet can guess at. At least if we have some consistent guidance, we can know what our story should be to the IRS and keep it straight, because otherwise we're at the mercy of whatever some auditor or administrative law judge might feel like. Maybe they won't go after most small-fry Brave users today, but you can bet they'll demand answers going back years into the past if one of those users were to become rich, or politically active, or otherwise interesting to the IRS at some point in the future. Taxes, after all, are the one area of the law where citizens are for practical purposes considered guilty (or at least, "liable to pay whatever the IRS demands") until proven innocent. (Sad, but too true.) My case is the simplest possible one for a Brave Rewards user: I'm a resident U.S. citizen who's never "cashed out" my BAT, I'm not a "publisher" or "creator", I haven't received tips, and I'm not verified with Uphold (couldn't if I wanted to, since they're not licensed in my state). I've only ever made four small tips totaling 40.0 BAT with the initial grant I got from the User Growth Pool when installing Brave (because it was going to expire); I've been hanging onto my non-UGP earnings in the hopes that some of my favorite websites/creators will eventually become verified and I can start spreading the wealth around in a more meaningful way than just dumping it on the 1 or 2 sites I visit that are yet verified. My questions are thus: 1) Is the BAT I receive from Brave Rewards considered to be a capital asset if I'm not holding it as an investment but just leaving it in the browser to be used as intended there (as a way of funneling ad proceeds from advertisers to publishers)? Does it matter if it stays in the browser and never gets withdrawn to an Uphold account? (e.g. does it then just qualify as "internal functionality of the web browser" and not a meaningful valuable thing I can put a dollar amount on, like a McDonalds Monopoly token with a "cash value" of $0.0001?) 2) If my BAT is considered a capital asset, how do I compute my cost basis for income (and future capital gains/losses) purposes? Is every single microtransaction an "income" transaction with its own separate cost basis that I have to track day-by-day? Or is income only realized when Brave deposits my earnings to my browser on the 5th of the month? Or does it only count if/when I connect an Uphold account and "cash out"? 3) Do I have to answer "Yes" to the new 1040 question asking "did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency"? (I haven't touched any cryptocurrency in my life besides what I've gotten from Brave Rewards.) Is BAT a "virtual currency" when used strictly within the context of Brave Rewards, or is it something more along the lines of spendable XP points in a video game which have no value (for me, at least) outside that system? 4) If I have to do detailed cost basis reporting, is there any way I can get my Brave browser to cough up some sort of datestamped transaction history for my Rewards? I realize there's no official UI yet, but is there an internal database or something I can dump? (I'm a professional software developer so I'm willing to "get my hands dirty". Heck, I'd be willing to fire up a debugger on a core dump of the browser if that'll help...better that than being liable for tax fraud...) 5) If all else fails, can I escape this blooming mess by just turning off Brave Rewards, forgetting my wallet key (which I've never backed up), bit bucketing the BAT I've so patiently earned over the last year, and never looking back? Is it too late to do so since I've already received the BAT in tax year 2019 (regardless of what I might do with it in 2020, including thus throwing it away)? I realize that in practice I could probably do so and get away with it, but I want to be right with the law here. After all, even if I report nothing on my 2019 tax return regarding crypto, the IRS could always find my posts here on Reddit and say "see, we have proof that you used Brave Rewards in 2019"... Even if I'm a "small fry" at this point in my life that the IRS won't care to go after, I don't want to have a sword of Damocles hanging over my head for them to trigger if and when they feel like it later in life. Help me my dudes, you're my only hope! ;-) (And I suspect many, many others are quietly freaking out about this too...)
Easy ways to earn a little bit of cash with referrals, and cryptos
Do you know any small business owner that accepts credit cards? Are you a small business owner that accepts credit cards? Refer your own business, or a business owner and save them money and earn a little bit yourself! A lot of small business owners don't realize they're getting raked over the coals with merchant processing fees. Refer them to Dharma Merchant Services through this and make a few bucks extra a month. https://dharmamerchantservices.com/dharma-referral-program/ I referred one business and get about $7/month average. Another business I referred, I was getting $60-70/month, but they switched to another company because Dharma is out of state and they wanted a local company. :-/ Free Cryptocurrencies Via Brave, Coinbase, and Blockfi 1) Sign up with Coinbase and go to https://www.coinbase.com/earn 2) Watch all the videos, etc and earn as much free cryptos as you can 2) Use the link provided in the BAT section of Coinbase Earn to download and use the Brave internet Browser - you earn what's called Basic Attention Token (BAT). https://coinmarketcap.com/currencies/basic-attention-token/ 2) Sign up with Uphold, the company that deals with your BAT/wallet - You'll see it in the Brave rewards tab. Make Sure to set your ad setting to 5/ads per hour, the highest setting. They pay out on the 5th of every month. 3) Transfer your BAT to Coinbase and convert it to Bitcoin, USD Coin, or your cryptocurrency of choice. https://coinmarketcap.com/currencies/usd-coin/ . Coinbase offers 1.5% on USD Coin and 5% on Tezos. Or convert all of it into Bitcoin/USD Coin and follow step 4. I've never converted any cryptos from this back into US dollars, but nothing is stopping you from doing it. Optional Step to earn a return on those free cryptos 4) Make an account with Blockfi.com and deposit Bitcoin or USD Coin and start earning getting a return on your deposits. Currently, Blockfi is offering 6% on Bitcoin, and 8.6% on USD Coin. FYI, Blockfi does have a minimum amount you can withdrawal, so once it's in, you may have to keep adding into it, to pull all of it out. You can also deposit ethereum and litecoin, but the rates are way less. It would help me out, at no cost to you, if you use my referral link for Blockfi https://blockfi.com/?ref=5b7fa1b5 I'm on the computer a lot so I average about 30-40 BAT/month so like $5-7/month at current BAT prices. I do have a method I used to make money via coupons, but it violates the rules to tell you how. Message me and I'll tell you.
About two months ago, I was walking through a shopping center in my city and I saw some empty stores, I came up with a place where I could sell clothes, and shirts with bitcoin cash logos, and obviously accept only and exclusively Cryptocurrencies, in the middle of that work to explain to the curious about blockchain and cryptocurrencies.
Venezuela Needs Education and Trust
I always say that Venezuela needs education in the field of cryptocurrencies. We Venezuelans are experiencing a very distorted era in the economy, and when bitcoin appears in the public sphere only those who were advised and who cared to protect themselves from super inflation, went running to localbitcoins.com but very few see adoption as an alternative to the solution of cash in Bolívares for example, and despite the fact that thousands of Venezuelans use cryptocurrencies, they mostly remain under the discretionary sphere for fear of the government, or fear of legality.
A small local type gondola or kiosk I saw in a small mall talk to the owner and it was too easy and fast .. he told me $ 50 per month and did not need so much paperwork. I immediately uploaded the proposal to the US with the people of Bitcoin.com and of course they said yes immediately, what I did not know was that the owner of the place had 4 more partners, when I transferred the money to look for $ in In effect, and when I had a complete project with great ideas, the lady wrote me a message saying that her partners did not want to work with cryptocurrencies for fear of the government, it was terrible news and a lot of disappointment for me and certainly not very professional for partners
The First Scam
When I felt discomfort because I was canceled the premises I received worse news, it turns out that the person who transferred the money in BCH disappeared from the fas of the earth an obvious sign of scam, immediately my mind collapsed and I began to feel strong dizziness and general malaise. I immediately began to mobilize to track the person I made a few calls, investigate, wrote to some friends and I could find the money, two days of nerves and a lot of stress passed and when I finally deigned to give up I received a message at 6 am , the money had been returned by the people of Uphold because I had a membership with good movements, but I still had to move to find the new place.
The Second Scam
When I already had the money back I had to talk to a relative to change my money, but first I had to change it to bolivars and I had to play with an exchange rate of less than $ 195 that I had to say if I changed $ 195 in digital to bolivars the account gave 2 million, but if I change 2 million to dollars in cash it would be a total of $ 170 and I had to do it, I had to take a risk. I made the change and my surprise was that this family member who, by the way, knew where I lived disappeared from the map, he wrote me a lot of excuses and he never gave me assurance that he could give me the money, just as I was a little calm because at least I was a relative and I could call his attention at any time, but as time went by I did not disturb my existence by not even having the cash, it is assumed that in any case I should first have the premises and then pay with cash .
The Best Option in the Best Place
There were several places that I visited and in all of them there were very difficult conditions to accept, for example in most of the shopping centers they requested a minimum of 6 months of contract, when my project only had a budget for 3 months, in addition to that, the real estate company asked for a % to be able to hire, you have to pay the first 3 months with 3 months more guarantee and then a key of $ 350 for 1 year ... that is almost $ 1000 to use a small place for 3 months, I gave up several times, I said that it would be impossible several times, I got sick several times, I spent hours walking, without eating anything, I kept walking, I gave up again and kept getting up. Eliminating the complexes. I imagined a place in a beautiful mall, not a huge mall, but a decent mall where I was more than comfortable and worked with thousands of people constantly. But after realizing that they wouldn't let me work at any mall or at least I didn't have that budget to start work there, I had to open my mind to all possibilities. One day I published in my Whatsaap that I was looking for a commercial space, and a friend who told me about a small shopping center in the city center that had been in operation just 1 year, was so small and new that even the premises were in structure Gray, would need a lot of work, could be hired with a value of $ 25 per month, did not condition key per year. https://preview.redd.it/679he4jf3xx31.jpg?width=2592&format=pjpg&auto=webp&s=877a9a46019312aa49191fbc64a93c3d4737bb97 I decided to eliminate the complex of luxury premises in a large shopping center, I no longer had time, and should be adjusted to the budget, take out accounts and I saw that I would need to do construction work, paint, buy Internet router and also buy or send do desks, furniture, chairs, etc ... the price was around $ 400 for 3 months in an ephemeral place without traffic of people, cheap and fast, it was expensive and difficult.
The Third Scam
When I deigned to give up I definitely realized that I couldn't give up something I had worked for so long. Then I decided to keep looking and I found another small shopping center but near a boulevard, it was very comforting to know that I had at least air conditioning, flat and smooth walls, and also I would be around $ 50 per month without so much document protocol, I would only spend in portable Internet, furniture and chairs. I decided to meet with the real estate company with 4 days left to inaugurate the installation, I had to find a way to get everything ready in just 4 days, go ahead 180 $$ with the real estate company while I found the rest of the money, and my surprise was that the 100 ticket $ was grated, and oddly enough, in Venezuela people do not accept grated dollar bills. I had to return the ticket to whom it had taken almost 1 month to give it to me, surprisingly he gave me a new one and without problems I could determine the account to meet again with the real estate. When I was on the day of taking out the full accounts, I was given approximately $ 300 for 3 months to rent the premises, I was able to reduce the cost of a difference of $ 100. On the day I send the desk, buy the chair and everything, a friend calls me saying he knows of a nice place in the business center called Bel Tower in the east of the city, which is by the way the best location for Business in my city, is a modern tower and has its own shopping center and business offices, a total of $ 85 per month for offices with desk, tables, furniture, chairs, Internet power plant and an extraordinary location. He would give me a total of $ 255 for 3 months, it was unexpected news, this place had all the conditions for a project of this nature. Barquisimeto would really be the place to start a very ambitious project. The real estate scam came when I canceled my process with the real estate company had advanced $ 80 to occupy the place, and when I canceled it was only 2 days to open, I went first to the tower I decided to agree to start on Monday and call the real estate, I said I should cancel and they told me that there were no problems, but that they should keep $ 80 per work commission, which left me breathless and speechless to continue, I did not know what to do, as a lawyer my sense of feeling was active, and I spoke with a colleague specializing in real estate law and warned me that while they had done the procedure and had to keep a percentage were not $ 80 full, they were entitled to a commission because it was me that I canceled the job, then as a lawyer I reflected and thought that they were right, I did it was to look for the money that the real estate wanted to give me, they returned me $ 40 and I came without claiming anything, I had already found a better place r and my mind had to be ready to enter the world of big business.
We started this adventure a week ago and I can say today that I am happy with everything I did during these 2 months, which were certainly the worst of my life, I was very hungry, I didn't sleep at all, I cried, I got sick, I fell but I always I never stopped, I never looked back, I remember that in a place they ran me because I arrived at the offices with very bad aspect, of everything that I had walked I ended up with dirty clothes, and of course they took the place force, without being able to do anything else just go to look for another place where by the way they would attend me well just to give me water but not to close a contract. I say they were the worst of my life because I never had a worse economic situation but I must also say that I learned things that I never imagined, I met good and bad people, and I went up and down very quickly, I had good and bad news of a Moment to another, I didn't think I could stand it alone, but I realized things that happen in my country that I can now have a clear notion of, I could ensure that I enter the world of digital business in the best way, because I already lived several failures but I learned a lot from them, and now I only have to succeed in this project that thanks to my sponsors and my advisors I will have the ability to create great ideas and be the size of the challenges that come. https://preview.redd.it/eny34nnk3xx31.jpg?width=2592&format=pjpg&auto=webp&s=0d09ddcfed8e32fcfa131baf1dc6600bf66bd5cb
Bitcoin Cash House and its Portfolio of Services.
I brought together the best team of professionals in the area of cryptocurrencies, digital business, financial market, commercial lawyers, programmers, computer engineers, designers and I also have the leverage of Bitcoin.com and Sideshift.AI worldwide. Together we provide a variety of services for investment and education of cryptocurrencies and adoption of bitcoin cash for natural and legal persons who see in the blockchain an opportunity to reach the future, and now they have the ease of shaking a helping hand where they can talk confidently and learn from the ecosystem in general. https://preview.redd.it/d7p4hpwm3xx31.jpg?width=2048&format=pjpg&auto=webp&s=bba7d208e55cf732ccd36f7731ee78b66dcc9047
Using the Internet to Donate to Andrew Yang - Cryptocurrency, BAT, and the Brave Browser
Set up tipping to give earned BAT to content creators on Reddit, YouTube, or Twitter. (Another great mission of Brave/BAT.)
Convert to another currency and spend/withdraw.
Donate to Andrew Yang!
Here's how to earn BAT using Brave to support Andrew:
Download Brave browser. Note: There is a referral program for browser downloads. By using a referral link, the referrer will earn $7.50 after ~30 days of use by the downloader. I know that many of us here will happily pass this along to to Yang campaign! ☺️ Work together to utilize this benefit. In order to generate a referral link, you must sign up to be a Brave creator at https://creators.brave.com/. As Reddit users, all of you are capable of signing up to be a creator!
Set up your account at Uphold. You must verify your identity using a driver's license, passport, etc. There are regulations in the US related to knowing your client that Uphold must follow. Initiate this process by clicking the Brave Rewards button > "Verify Wallet" to the right of the address bar. (It's an orange/pink/purple triangle.) This should bring you to uphold.com where they will guide you through creating an account.
After your account is verified on Uphold, ensure that your Brave wallet is synced with Uphold. The "Verify Wallet" text should update to say "Wallet Verified". Your earned BAT will now sync to Uphold.
Once you have BAT in your Uphold wallet, there are a couple of options to get this money to Andrew:
Withdraw to your bank account. You will then use the standard method for donating to Andrew Yang at yang2020.com/donate. Note that there will be a bit of a delay between withdrawal and funds arriving in your account. Uphold also has a 1.95% withdrawal fee.
Dash In 2018: Disappointments, Boondoggles, Scandals, Disasters, & Catastrophes
[The original post was censored in the the paidshill Dash pumping sub Dashpay, where actual discussion beyond "2018 kind of sucked for Dash" is not allowed.] Disappointments In 2018, Dash failed to be listed on Coinbase while ETC and many other coins were, due to Dash's notorious Instamine, centralized development, and murky Howey Test/SEC Action status. In 2018, Dash failed be included in the OpenBazaar project, while Monero and several other alts were added. In 2018, efforts to hype Dash's supposedly impressive 2mb block-based tx/sec rate were crushed and humiliated when DCG's creaky old client hit a crippling software limitation around the same time as BCH and BSV were chewing through 32 and 64 megabyte blocks. In 2018, Dash's former anti-segwit hero Craig Wright learned new facts about law and concluded Dash is an illegal security, saying so loudly in tweets backed by citations. In 2018, Wirex and other debit card providers supported Bitcoin and many alts, but not Dash, despite a year of Shrem 2.0 shill talk about integrations 'soon'. In 2018, Dash Core used Uphold for the "Acquire Dash" part of their Kript mobile plan, but Uphold doesn't work in Venezuela , so that pillar of their strategy was broken. Boondoggles In 2018, the FanDuel fiasco wasted a fortune in cash and goodwill, leaving Dash's target market of online gambling to Calvin Ayre's BSV and Roger Ver's BCH blockchains. In 2018, the DACH Embassy fiasco wasted a fortune in cash and goodwill, as nobody ever really cared about Macrocuck/Simon/Basilpop/Ezra/Fabio running around desperately trying to look busy enough to justify their ridiculous burn rate and poor results. In 2018, the CoPay fiasco wasted a fortune in cash and goodwill as users and devs suffered an ambush from DCG, leaving the formerly hyped "backbone of Evolution" project instantly retired to abandonware status. In 2018, the Alt36 train-wreck-in-progress slowly lurched towards its imminent conclusion of causing more toxic FUD and wasting a fortune in cash and goodwill with zero deliverables to show for it. Scandals In 2018, fake "Venezuela adoption" news resulted in massive public humiliation as Twitter, cc, and Russia Today (ironically, the home of Dash paidshill Max Keiser) debunked hype that only amounted to useless stickers on greasy cash registers. In 2018, Evan and Amanda were missing in action, despite Evan's previous promises to develop hardware and support the ecosystem with his vast, intentionally insta-mined fortune. In 2018, Dash paid to hold a Bitcoin networking event at a Miami strip club, offending so many people (it was a 2nd offence for Dash with strippers at TNABC) the scandal was reported worldwide by Bloomberg, Fortue, Business Insider, etc. In 2018, knowledge of Dash's instamine became widespread throughout the entire crypto universe and the intentional nature of Evan's faked "bug" excuse became a subject of investigation. In 2018, Dash cargo cultists reduced themselves to shilling the dwindling number of cherry-picked metrics by which Dash was not failing utterly, such as the absurd "FairCoinValue" and fallacious/irrelevant "ATH Masternode Count" hype. In 2018, the KuvaCash fiasco turned toxic (wasting a fortune in cash and goodwill) resulting in a kDAO splinter group of venture capitalist MNOs and creating massive Howey Test implications. Disasters In 2018, a KuvaNation vs. DACH Force News civil war inflicted mass casualties, leaving a permanent split of the "DGBB" community into non-cooperative Team Tao and Team Joel factions fighting over a shrinking Treasury budget like starving rats. In 2018, malicious MNOs trolled Dash at the protocol level and on DashCentral, causing chaos at the very end of voting cycles, thus showing the entire world Dash is not resistant to Sybil attack after all. In 2018, Dash Clown Group Inc failed to live up to its own self-imposed "Agile Development" goals so many times they published one sketchy, final "DRAFT" roadmap, and then quietly abandoned entirely the idea of actually trying to meet deadlines (despite the dash.org page still advertising a Q4 2018 Alpha release). Catastrophes In 2018, a single mining pool controlled enough hashpower to prevent a timely upgrade, demonstrating that Dash's PoW is not sufficiently decentralized (due to Bitmain's monopoly on Dash ASICs). In 2018, www.crypto51.app showed the world Dash is >90% NiceHash-able and thus may be 51% attacked easily and cheaply (<1 BTC per hour), causing Poloniex and other exchanges to require 50 confirmations (rather than using InsantSend). In 2018, the failures of Dash's X11-based PoW security model and resulting threat of attacks caused Dash to abandon Nakamoto Consensus for a wonky, untested, homespun version of checkpoints (conceding defeat and offering an unconditional "pre-consensus" surrender before an attack even happened). In 2018, Evolution was not here by NYE (not even an alpha version of a testnet). In 2018, no amount of brave ThisIsFine talk about buying dips could change the fact that Dash Core Group Inc had to radically downsize due to their customary $935k/month funding being completely unsupportable. Analysis Never mind the price drop, even though Dash suffered worse than most of its Top 20 peers and fell in rank from #3 all the way down to #16. Let's ignore the fact Dash is marketed to investors with the 'Masternode' feature advertised as supposedly stabilizing the price. Let's also ignore the fact that in 2018 Dash's supposed Sybil-resistance was shown to be inadequate, as blockchain analysis revealed dozens of Masternodes trolling at the protocol level by voting no on all but the infamous DEMOTE RYAN TAYLOR proposal. Evolution was, after years of delays, complete from-scratch reboots, and blown goals, given one final self-imposed deadline to meet. Dash's Queen, Amanda of the Used Car Lot, declared she was going have to rethink her position regarding Duff's Instamined Masternode tokens if that deadline wasn't met. That deadline was midnight Dec 31, 2018. Now it's the first morning of 2019 and Evolution is nowhere to be seen. Even worse, Dash Clown Inc is once again making negative progress towards their goals of shipping a test-net version of v13 worth of the term "Release Candidate." Dash Clown Inc burned through ten (10) un-releasable (because broken) so-called Release Candidates. Finally the clueless clowns (running around like headless chickens since Andy Freer was fired or rage-quit) gave up on the entire v13 RC branch and went back to tinkering with v12. No updates to the crucial LLMQ repo have been made since November, when the price drop crushed DCG's budget and Andy suddenly left Evolution to die on the operating table. Dash in 2018 through the eyes of Reddit's most popular crypto sub January 2018
Conclusion The Top Three Dash-related posts at cryptocurrency are a microcosm of Dash's start-to-finish miserable, horrible, terrible year of self-inflicted blunders, money pits, and epoch-ending cataclysms cumulating in the resolution of the Dash experiment and disproving Evan's "Dash is Digital Cash" hypothesis. Note: The repost is shared here. The original has been censored from Dashpay. https://np.reddit.com/DashUncensored/comments/abvewf/dash_in_2018_disappointments_boondoggles_scandals/ [Dash is such a terrible scam that it needs its own uncensored sub to discuss happenings without incurring the wrath of the MNO and the Dash ponzi leadership/Evan/Amanda. I honestly believe crypto must weed out these ponzi like operations before we can move forward as a collective group]
Freelancing guide for beginners in Venezuela(Without Programming Skillls) / Guía de Freelance para principiantes en Venezuela (Sin conocimiento de programación)
Hello reddit! My name is LinkToU, and i’ve been commissioned by u/justgord to share some of my freelancing experience, living in Venezuela. It might not be much, but hopefully it'll help some people get started. I’ve seen countless numbers of posts here in this subreddit, asking for advice on how to get started, and what are the best ways to receive money, so those are topics i’ll be touching upon in this guide. As the title says, this is a guide that requires NO programming skills, this is meant to be a guide towards beginners, and people that are having a rough time, like i was, two and a half years ago, before getting into this.
Now, without further ado, let’s dive right into this.
What type of work can you expect to find? There are actually a few types of jobs that you can easily find without any specific skill, for example, translations, lead generation, data entry, transcriptions, writing articles, and even being a virtual assistant. This list could go on and on, but i’ll just give you a couple websites where you can find these types of work, and you can go figure out what’s best for you.
Where to find work? Most of the freelance work i've done it's been through two major websites, so i'll talk a little bit about them and about my experience with each.
Spare5 (https://app.spare5.com/) is the crowdworking website that got me into this, . This is basically a crowdworking website where you’ll be reviewing different images, annotating and drawing different polygons to help train AI to identify everyday objects. Getting started in this page is the hardest part, but i’d say it’s just as hard as it was back in 2017 when i started. You’ll first have to complete every tutorial, then move on to the qualifiers and onto paid tasks (be sure that you understand every task before diving into them, because if you don’t perform well on your paid tasks, they’ll be taken away from you, and you might even get permanently banned). The minimum payment is $1, and the payment method that they use is PayPal, you don’t need to have a verified Paypal account, and you WILL NOT get your account limited by just receiving money from this page. Like i said, the hardest part of this page is to get started, as tasks will be scarce, so try not to make any mistakes, and do every task as best as you can, this will guarantee that they give you even more tasks, and eventually, you’ll be assigned permanent tasks, and your dashboard will look something like this: https://imgur.com/a/TSUASME , as you notice, the payment for each task is really low but don’t get discouraged, you’ll want to find one that is easy to do, and that you can memorize the instructions, i’ve made up to $20 in just a couple of hours, out of easy tasks that paid 0.2c each. Of course, you’ll need practice, Practice makes perfect. I have NOT been working on this page lately, because the payment per tasks has been diminished, and tasks only get more and more complicated to complete.
Pros of Spare5
Your payment is 100% secure with them (unless you get banned for underperforming in too many tasks), even if your Paypal account gets limited, you can reimburse the money they’ve sent you back to your Spare5 account (I’ve never done this, but i know it can be done, and the Spare5 team even helps you in the process).
The amount of tasks available are based in your performance, which means if you do well, you’re almost guaranteed to have some work to do whenever there is some available.
Some tasks are easy to do, and pay a good amount, i’ve made up to $50 in a good night, just off of tasks that paid 0.2c each.
Your earnings in this page do not only come from doing tasks yourself, there is a referral program where you’ll get 20% out of the first $100 that EACH of your referrals earns, and they’ll get 10% more out of their first $100 too, just for being referred by you.
Once you have enough experience in the page, you may have the Spare5 team reach out to you personally to test new features that they’re planning to add to the mainpage in the future, or just to interview you and ask questions to you about different things. All of these, are paid, and i’ve been approached on multiple occasions by the Spare5 team to take part in these. There is also a moderator position in their forums, i’m not entirely sure on how it works, but i’ve heard they pay you based on the amount of people that you help, only if you have the moderator role.
Cons of Spare5
As there is a limited number of available tasks, there are bound to be times where none is available, even if you have lots of experience, there are certain times of the year where there’s just no work to do (Usually January). This is what prompted me to stop using this website, and find a more reliable income.
Lots of reading through the instructions of any given task, which is bad specially because you may finish reading the instructions to a given task, only to have to move to another one after a short while, one you run out of available tasks of the kind that you were doing.
You’re subject to the revision of other users, which means, if you complete the task perfectly, but the person reviewing you makes a mistake, you’ll be punished for that. Even if you’re the one reviewing, the way to determine if a given task is good or bad, is based on what % of people reviewing the same image as you, passed it as good or bad, which means if you’re right, and the majority is wrong, again, you’ll be punished for it.
My recommendations for Spare5
Take your time, and really read through every single one of the instructions. If you get banned for underperforming, you will be permanently expelled from the website.
If you are unsure about what to do in a specific case, after reading through the instructions, ask the community for advice, they’re more than happy to help.
If, after you read through every single one of the instructions, and you’ve asked for advice from other community users, and you’re still unsure about a specific case, Skip the image.
Don’t be hesitant to Skip images, it has no negative repercussion whatsoever, i learned to see the skip button, as another tool that i used constantly.
Next, is Reddit, more specifically, the subreddit where i’ve found most of my freelancing jobs, is /slavelabour , where people post any kind of job that they need done (Seriously, any, i’ve seen many kinds of crazy stuff going on there), along with a payment offer, and usually a method. This one is pretty good, since you can find different kinds of work based on your skills, i’ve mostly done data entry types of jobs there, but there are many others easy for beginners, you just have to keep an eye out for when any potential job gets posted. Other similar subreddits that i frequent, but aren’t as active as /slavelabour are: /Jobs4Bitcoins/ , /WorkOnline//ForHire/ Follow the same advice that i will give for /slavelabour , as these work similarly.
You have to be careful and look out for possible scammers
You need a minimum of reddit activity and possibly previous job references.
Pay rates are usually low.
There is a high demand for the job offerings, so you'll have to be quick and be able to pitch yourself well.
My recommendations for these subreddits.
If something looks too good to be true, it probably is.
Ask for your payment upfront, and build trust within the community.
If you’re going to work for someone, check their profile and activity, if anything looks off, don’t risk wasting your time.
Those are the main two websites where i've worked at for the past two years, there are some others that i know of, but since i haven't used them, i don't know how they work.
Now, let's talk a little bit about payment methods, and what are some good options for receiving your money once you've got yourself some gigs.
Payment methods: Now that you know what are some good places to get started, let's talk about what's the best place to receive your payments, and keep your money safe. I’ll take about the few methods that i’ve used myself, such as PayPal, Uphold, AirTM, and most recently, Cryptos.
Where to receive your payments?
PayPal is the easiest way to receive and send money, with medium fees, it's one of the easiest to setup, as well as the most commonly used, from my experience. However your money is not 100% safe here, as your account could be limited, and your assets frozen, until you can prove that your earning aren't illicit, and you're not using PayPal for anything illegal, this latter being the hardest to prove, since, as you know, selling your PayPal money in USD, for Venezuelan currency(Bs), is illegal. If you’re thinking about using PayPal, i’d recommend you to verify your account, with a credit card under your name. Using a virtual credit card, is against PayPal ToS, but i used one anyways and haven’t had any trouble, since there are not many options here in Venezuela, since it’s near impossible to get a proper USD credit card.
Pros of using PayPal
It’s really easy to setup a PayPal account, as well as sending and receiving money.
It’s the most commonly used payment method for freelance gigs.
Exchanging money between PayPal and Venezuela’s currency, is easy, as buyers and exchangers are rather easy to find.
You can refund your money if you were to encounter a scammer whilst exchanging currencies.
There are some websites that guarantee you, and your PayPal account integrity & safety whilst exchanging currency.
It’s possible to withdraw your PayPal balance into an US Bank account, with minimum fees.
Can use your PayPal balance to buy in websites such as Ebay, Wish and many other websites.
Cons of using PayPal:
Fees are too high compared to other platforms.
Verifying your account is a must to protect your money, and some buyers will only buy money from verified accounts.
PayPal’s customer service isn’t very helpful, or understanding when it comes down to trying to recover a limited account.
Scammers might try to refund the money they’ve sent you after you confirm it, and you’d have to dispute.
There is a chance that you could get your account limited, this has never happened to me, however.
My recommendations for using PayPal:
First and foremost, verify your account, it’ll make life much easier for you, and you’ll be able to use your PayPal balance to buy in some eStores.
Don’t send, or receive small amounts of money from other persons, i avoid receiving amounts below $5, and ANYTHING below $1, is an absolutely no-go.
Exchange your currencies only with people you trust, seek for references from people you know, don’t trust strangers. I find that having a trusted buyer to sell to is the best way to go, even if you find someone who’s offering a better price.
Avoid refunds and disputes, as that will draw attention from PayPal’s staff into your account. I’d rather lose $10 to a scammer, than get my whole account frozen.
Uphold is another cloud based financial services platform, similar to PayPal, and with similar fees. The good thing about this platform, is that you can exchange your funds from USD to Crypto, and many other currencies, at the cost of a relatively small fee. I haven’t used this method too much myself, as i used this mainly for it’s Virtual Credit Card feature, which is temporarily not available.
Pros of using Uphold:
You can go from USD to crypto and vice versa easily.
You used to be able to create virtual credit cards, a feature that might come back in the future.
Doesn’t have PayPal’s limitation issue.
Not too hard to use.
Fees are nothing too crazy.
Even if not too many people use Uphold, you can receive crypto payments in all of the mayor coins here.
Cons of using Uphold:
Crypto transactions take hours to complete.
Setting up your account isn’t as easy as some other options.
AirTM is an e-wallet where you can keep your money, and exchange it to other currency, or buy USD with your local money, all in the same platform. Out of all the options i'm going to list for payment methods, this is my least favorite, as the fees are incredibly high, and in my opinion, what this website provides isn't worth it. I haven’t had much experience with AirTM, as the fees are ridiculous, but i’ve used it and i’ll share my experiences.
Pros of using AirTM:
You can receive your money, as well as find exchangers to sell it here.
Provides you with all of the tools you need to exchange your money, 100% safely.
It’s the easiest option in terms of going from receiving payments in USD, to exchanging it into other currencies.
Cons of using AirTM:
Fees are ridiculously high.
It’s not as straightforward as other options in terms of setting up your account, and using this platform will take some time to get used to it.
Asks for a lot of stuff to verify your identity.
Venezuela’s government has previously blocked this website, and claimed to have been “seeking all of the delinquents using this fraudulent website”.
AirTM's website is sometimes blocked by the government and requires the use of a VPN to access it.
Finally, Cryptocurrencies, i’ve only started using this method recently, and i can already say, this is my favorite so far, and the method i’ll mainly use from now onwards, as this has proven to be really easy to set up, and in my opinion, the best option for receiving payments, as you’ll pay minimum fees for your transactions, keep your identity safe, and the exchange rate to Venezuela’s currency is really good. I’d say there is no downside to receiving your payments here, as even if you were worried by the Crypto’s price dropping, you could easily use a third party website to exchange your Crypto, to USD in any other platform you’d like. The cryptocurrencies that i’ve used are Bitcoin Cash (BCH), Bitcoin (BTC) and Ethereum (ETH), all of the transactions that i’ve done haven’t taken longer than 30 minutes, with the exception of using SideshiftAI to exchange my BCH into BTC, which took about an hour. Setting up a wallet for these is rather easy, however here’s a quick guide for BTC and BCH. https://bitcoin.org/en/getting-started . Also, another point in Crypto’s favor, is that some stores have begun accepting cryptos as a payment method, there’s an app in the Google Play Store named “CryptoLugaresVE” With a list of places accepting crypto as a payment method.
Pros of using Cryptocurrencies:
Fees are extremely low.
Good exchange rates to other currencies.
Easy to set up, and straightforward to use.
You can potentially gain money, if the price of the crypto that you’re using increases.
Can be used as a payment method in a lot of eShops, and some stores in Venezuela.
Payments sent to you cannot be refunded
Cons of using Cryptocurrencies:
You can lose money, if the price of the crypto that you’re using drops.
Cannot refund your payments.
Transactions can sometimes take a long time to complete, although this hasn’t happened to me.
Due to the volatility of crypto’s price, it’s not good to keep your savings.
My recommendations for using Cryptocurrencies:
Don’t keep any money that you can’t afford to lose in crypto, so that if the price drops, you won’t be back at square cero.
Exchange your cryptos only with trusted buyers, or using safe third party websites, to ensure you don’t get scammed, since you can’t refund money.
Change your address after each trade.
Finally, i’ll talk a little bit about the couple websites that you can use to safely exchange money from USD, to Venezuela’s currency. Other than these, you’d have to find someone of your trust to exchange your currency.
Where to safely exchange your earnings to Venezuela’s currency?
Appbb (https://www.appbb.co/) is an eStore that will also buy funds from all kinds of platforms (Payoneer, Uphold, Paypal, Cryptos, etc.), while they might not have the best rates, they are reliable, safe, and a good option. The downside of this site, is that hey have a set amount transactions that they’re going to make per day, so you’ll have to wait for the store to open every morning, and grab your ticket. I haven’t used this shop in a while, i know that they’ve changed it, and i’m not sure how it works for exchanging your currencies anymore, but you can ask for advice in their facebook page and their support team is always really helpful.
Localbitcoins (https://localbitcoins.com/) is a trading website where you can sell/buy bitcoins from different users safely. This website works only for selling Bitcoin, but you can buy bitcoins with money from any other platform, at a fair rate, and sell the bitcoins that you’ve bought.
Foro-Ptc (https://www.foro-ptc.com/) is a whole website dedicated to making money online, there’s all kinds of useful content here, i recommend you to check it out, but more importantly, there is whole section dedicated to selling and buying USD for local currency. You’ll need a 30 days old account, and some posts before you can PM anyone you want, but there are some trusted buyers/sellers whom you’ll be able to send PMs to right away, so you can safely exchange with them.
That’s it for now, I’ll probably update the guide as i learn more and try out new stuff, as well as with your feedback. I just want to thank u/justgord for giving me the opportunity to share all of this with you guys!
Hola Reddit! Mi nombre es LinkToU, y u/justgord me comisionó para compartir con ustedes mi experiencia trabajando como freelancer en Venezuela. He visto un montón de posts de gente pidiendo consejos para comenzar, cuáles son las mejores plataformas para recibir dinero, y cosas así, así que esos serán los temas que trataré en esta guía para principiantes. Como dice el título, esta es una guía para personas que no tienen conocimiento de programación, sólo necesitarán un buen conocimiento de Inglés.
¿Qué tipo de trabajo se puede encontrar? Hay varios tipos de trabajos que puedes realizar sin tener ningún tipo de conocimiento específico, por ejemplo, “lead generation”, registro de data, transcripciones, escritor de artículos, o incluso asistente virtual. Podría seguir nombrando tipos de trabajo, pero lo mejor será que les diga algunos lugares para encontrar trabajo, y que ustedes decidan qué es lo mejor.
¿Dónde puedes encontrar trabajo? He trabajado principalmente a través de dos sitios web, así que hablaré un poco de mi experience en cada uno de ellos.
Spare5 (https://app.spare5.com/) es el sitio web de “crowdworking” con el que comencé a trabajar, hace dos años. Básicamente, estarás revisando diferentes imágenes, anotando y delineando diferentes objetos para ayudar a entrenar inteligencia artificial a identificar dichos objetos. Diría que lo más difícil, es comenzar en esta página, pero no es mucho más difícil que en el 2017, cuando yo comencé, así que aún es posible. Lo primero que tendrás que hacer, será completar los tutoriales, que te darán acceso a algunos calificadores, que determinarán si estás listo o no para tareas pagas (asegúrate de comprender bien cada una de las tareas, antes de comenzar a hacerlas, ya que si no las haces bien, te las quitarán y te podrían banear permanentemente.) El mínimo de pago es $1, pagado a través de PayPal, no hace falta tener una cuenta de PayPal verificada, y recibir fondos de esta página NO hará que tu cuenta de PayPal sea bloqueada. Como dije antes, lo más difícil de esta página es comenzar, al principio las tareas serán escasas, así que asegúrate de hacerlas bien, ya que esa es la única manera de garantizar que te seguirán enviando tareas. Eventualmente, te darán tareas fijas, y tu panel principal se verá algo así https://imgur.com/a/TSUASME . El pago por cada tarea es bajo, pero lo importante es encontrar una cuál sea fácil y memorizar las instrucciones. Yo he hecho hasta $20 en un par de horas, con tareas fáciles que pagaban 0.2c cada una. Sólo hace falta práctica. Últimamente no he trabajado en esta página, ya que la paga por las tareas ha disminuido, y sólo son más difíciles de hacer cada vez.
Ventajas de Spare5:
Tu pago está asegurado en esta página (A menos que te baneen por hacer las tareas mal), e incluso si tu cuenta de PayPal es bloqueada, puedes reembolsar el dinero que te hayan pagado a tu cuenta de Spare5 (Nunca lo he hecho, pero sé que se puede hacer, y el equipo de soporte de Spare5 también te asiste en esto.)
La cantidad de tareas que tienes disponibles se basa en tu desempeño en tareas previas del mismo tipo, así que si las haces bien, garantizas tener trabajo siempre que haya alguno disponible.
Hay algunas tareas que son fáciles de hacer, y pagan bien, he ganado hasta $50 en una noche solo con tareas que pagaban 0.2c cada una.
Tus ganancias en esta página no vienen solamente de las tareas, hay un sistema de referidos que te paga un 20% de los primeros $100 que cada uno de tus referidos gane, y ellos recibirán 10% más de sus primeros $100, sólamente por usar tu código de referido.
Una vez tengas suficiente experiencia en esta página, puede que el equipo de Spare5 se comunique contigo personalmente para que pruebes nuevas características que piensan añadir a la página principal, o simplemente para entrevistarte y pedirte tu opinión sobre ciertas cosas. En cualquiera de estos casos, te pagarían por tu tiempo, mucho más de lo que ganarías normalmente haciendo tareas. También existe una posición de moderador de los foros, en la cuál he escuchado que te pagan basado en la cantidad de personas que has ayudado, una vez tienes el rol de moderador.
Desventajas de Spare5:
Ya que hay un número limitado de tareas, habrá tiempos donde no habrá ninguna disponible, incluso si tienes una gran cantidad de experiencia en la página, hay ciertas épocas del año en las que simplemente no hay tareas disponibles (Usualmente, en Enero). Esto es lo que hizo que dejara esta página, y buscara una manera más consistente de generar ingresos.
Hay que leer un montón de instrucciones para completar cualquier tarea, y una vez termines de leerlas, puede que tengas que elegir otra diferente, debido a que la tarea que ibas a hacer ya no está disponible.
Estás sujeto a la revisión de otros usuarios, lo que significa que aunque completes la tarea perfectamente, si la persona que te revisa comete un error, serás castigado por eso. Incluso si tú revisas la tarea, la manera que ellos utilizan para determinar si una tarea está bien o mal, se basa en la media de los usuarios que la marcaron como correcta o incorrecta, así que si tu estás en la minoría, serás castigado por eso nuevamente.
Mis recomendaciones para Spare5
Tómate tu tiempo y lee cada una de las instrucciones. Si te banean por hacer las tareas mal, serás vetado permanentemente de este sitio web.
Si estás inseguro sobre qué hacer en un caso específico, pregúntale a la comunidad.
Si luego de leer las instrucciones, y pedirle consejo a la comunidad, sigues inseguro, omite la imagen.
No dudes en omitir las imágenes, no tiene ninguna consecuencia negativa, debes ver el botón de “Omitir”, como una herramienta cualquiera.
Lo siguiente, es Reddit, más específicamente, el subreddit donde encuentro usualmente trabajo de freelance es /slavelabour , dónde las personas publican cualquier tipo de trabajo que necesiten sea completado, junto con un método de pago, y una oferta, para encontrar a alguna persona dispuesta a hacerlo. Esta opción es especialmente buena, ya que puedes encontrar muchos tipos de trabajo, dependiendo de tus cualificaciones. Yo he hecho mayormente trabajos de registro de data, pero hay muchas otras opciones fáciles para comenzar, sólo hay que estar pendiente de cuando puedan ser publicadas nuevas oportunidades. Otros subreddits similares que frecuento pero no son tan activos como /slavelabour son: /Jobs4Bitcoins/ , /WorkOnline/ , /ForHire/ Sigan los mismos consejos que daré para /slavelabour , ya que estos funcionan de manera similar.
Se necesita un mínimo de actividad en tu cuenta de reddit para participar en estos subreddits.
Las pagas son bajas, por lo general.
Hay una gran demanda para cada oferta de trabajo, así que hay que ser rápido, y saber la mejor manera de venderse a sí mismo como candidato.
Mis recomendaciones para estos subreddits.
Si algo se ve demasiado bueno para ser verdad, probablemente lo sea.
Pide tu pago por adelantado, y construye una buena reputación en la comunidad.
Si piensas trabajar para alguien, revisa su perfil, y si algo se ve fuera de lugar, no arriesges perder tu tiempo y ser estafado.
Métodos de pago: Ahora que saben cuáles son algunos buenos lugares para empezar a conseguir trabajo, les hablaré sobre cuáles son las mejores plataformas de pago para recibir dinero, y mantenerlo seguro. Hablaré sólo de los que he usado, como PayPal, Uphold, AirTM, y recientemente, Criptomonedas. ¿Dónde recibir tus pagos?
PayPal es la manera más fácil de recibir y enviar dinero, con comisiones aceptables, y también es la más fácil de comenzar a usar. Igualmente, tu dinero no está 100% seguro en PayPal, ya que tu cuenta podría ser limitada y tu saldo retenido hasta que puedas probar que no estás recibiendo fondos de ninguna actividad ilícita, o invirtiendo en alguna. Esto último es difícil de probar, ya que vender fondos de PayPal en Dólares(USD), a cambio de la moneda Venezolana (Bs), es ilegal. Si planeas usar PayPal, recomiendo que verifiques tu cuenta con una tarjeta de crédito bajo tu nombre. Usar una tarjeta de crédito virtual, va contra los TDS de PayPal, yo igualmente usé una (Y no he tenido ningún problema), ya que no hay muchas opciones en Venezuela, debido a que es prácticamente imposible conseguir una tarjeta de crédito
Ventajas de usar PayPal
Es fácil de comenzar a usar, y enviarecibir dinero también es fácil. Es el método de pago más usado para trabajos de freelance.
Cambiar dinero de tu cuenta de PayPal a la moneda de Venezuela es fácil, ya que los compradores son fáciles de encontrar.
Puedes reembolsar tu dinero en caso de que seas estafado al intentar vender tu saldo PayPal.
Hay ciertas páginas web, y métodos que garantizan tu seguridad y la de tu cuenta PayPal al realizar ventas de tu saldo PayPal.
Puedes retirar tu dinero de PayPal, a una cuenta bancaria en dólares (o dependiendo de la moneda) de algún país extranjero, con comisiones mínimas.
Puedes usar tu balance de PayPal para comprar en ciertos sitios web, como Wish, Ebay, u otros.
Desventajas de usar PayPal
Las comisiones son altas comparadas a otras plataformas de pago.
Debes verificar tu cuenta para proteger tu dinero, y algunos compradores sólo adquieren saldo de cuentas verificadas.
El servicio al cliente de PayPal no es muy útil, o comprensivo cuando intentas recuperar una cuenta limitada.
Puede que algunos estafadores intenten reembolsar el dinero que te enviaron luego de que terminas el trabajo, y tendrás que disputar su reembolso.
Existe la posibilidad de que tu cuenta sea límitada (aunque nunca me ha sucedido).
Mis recomendaciones para usar PayPal
Primero que nada, verifica tu cuenta, esto hará las cosas mucho más fáciles para tí, y podrás usar tu balance de PayPal para comprar en eStores.
No envíes ni recibas pequeñas cantidades de dinero de otras personas, yo personalmente evito recibir cantidades menores a $5, y no acepto ninguna cantidad menor a $1.
Realiza tus cambios sólo con personas en las que confíes, busca referencias de personas que conozcas, y no confíes en extraños. Tener un comprador fijo es la mejor manera de mantener tu dinero seguro, aunque no siempre ofrecen el mejor precio.
Evita los reembolsos y las disputas, ya que eso atraerá atención no deseada a tu cuenta de PayPal. Es mejor perder $10 por un estafador, que todo el saldo de tu cuenta por un bloqueo.
Uphold es otra plataforma similar a paypal, con comisiones similares. El punto a favor de esta plataforma, es que puedes intercambiar tus fondos de USD, a muchas otras criptomonedas, u otra moneda extranjera, al costo de una comisión relativamente pequeña. No he usado mucho este método, lo utilizaba principalmente por la función de crear una tarjeta de crédito virtual, pero esta está temporalmente desactivada.
Ventajas de usar Uphold
Puedes intercambiar tu saldo de USD a otra moneda, o incluso criptomonedas, fácilmente.
En el futuro, es posible que vuelva la función de crear una tarjeta de crédito virtual.
No tiene el problema de limitación de PayPal.
No es difícil de usar.
Las comisiones no son muy altas.
Aunque no muchas personas usen Uphold, puedes recibir pagos en criptomonedas aquí.
Desventajas de usar Uphold
En mi experiencia, las transacciones con criptomonedas tardan horas en ser confirmadas.
Configurar tu cuenta para comenzar a utilizar Uphold no es tan fácil como en otras opciones.
AirTM es una billetera electrónica donde puedes guardar tu dinero, e intercambiarlo a otras monedas, o incluso comprar monedas extranjeras con tu moneda local, todo en la misma plataforma. No he utilizado mucho esta plataforma, debido a que las comisiones son ridículamente altas, pero siempre la he visto como una especie de plan de contingencia, en caso de que necesite dinero, y no haya ninguna otra opción disponible.
Ventajas de usar AirTM
Puedes recibir dinero, y encontrar compradores en una misma plataforma.
Tiene todas las herramientas necesarias para cambiar tu dinero 100% seguro.
Es la opción más fácil en términos de pasar de recibir dinero a cambiarlo a otras monedas.
Desventajas de usar AirTM:
Las comisione son extremadamente altas.
No es tan fácil configurar tu cuenta, y tomará algo de tiempo acostumbrarte a usar esta plataforma.
Pide un montón de cosas para verificar tu identidad.
El gobierno de Venezuela ha bloqueado previamente esta plataforma, y dijo estar “buscando a todos los delincuentes vinculados a esta página criminal”.
Finalmente, Criptomonedas, empecé a usar este método de pago recientemente, pero hasta ahora, es mi favorito, y probablemente sea el que utilice de ahora en adelante para recibir mis pagos, ya que es fácil de configurar, y en mi opinión, la mejor forma de recibir pagos, ya que cuenta con las comisiones más bajas por transacción, mantiene tu identidad segura, y el ratio de intercambio de criptomoneda a moneda venezolana es bueno. Diría que no hay ninguna desventaja a recibir tus pagos en criptomonedas, ya que incluso si te preocupa que el precio de la criptomoneda baje, puedes usar un sitio web de algún tercero para cambiar tus criptomonedas a cualquier otra plataforma de tu preferencia, a un buen precio. Las criptomonedas que he utilizado son Bitcoin Cash (BCH), Bitcoin (BTC) y Ethereum (ETH), todas las transacciones que he realizado no han tardado más de 30 minutos en completarse, con la excepción de cuando usé SideshiftAI para cambiar mi saldo BCH a BTC, y aún en ese caso, tardó cerca de una hora. Crear una billetera es fácil, igualmente, aquí hay una guía para comenzar en BTC y BCH. https://bitcoin.org/es/como-empezar Otro punto en el favor de las criptomonedas, es que algunas tiendas en Venezuela han comenzado a aceptar estas como método de pago, hay una app en la Google Play Store llamada “CryptoLugaresVE” Con una lista de lugares que aceptan criptomonedas como forma de pago.
Ventajas de Usar Criptomonedas:
Las comisiones son extremadamente bajas
Buen ratio de cambio a otras monedas.
Fácil de usar
Puedes ganar dinero potencialmente, si la criptomoneda que usas aumenta en precio.
Puedes usarla como método de pago en muchas tiendas virtuales, y algunas tiendas de Venezuela.
No es posible reembolsar pagos que te hayan enviado.
Desventajas de usar Criptomonedas
Puedes perder dinero si la criptomoneda que usas pierde valor.
No puedes reembolsar tus pagos.
Las transacciones pueden tardar un montón de tiempo en completarse.
Debido a la volatilidad del precio de las criptomonedas, no es buena opción para guardar tus ahorros.
Mis recomendaciones para usar Criptomonedas
No guardes dinero que no puedes perder en criptomonedas, así, si el precio baja, no perderás mucho.
Intercambia tus criptomonedas sólo con compradores confiables, o utiliza algún sitio web de terceros que asegure tu dinero.
Cambia la dirección de tu billetera luego de cada transacción.
Por último, hablaré sobre un par de sitios web donde pueden intercambiar dinero de dólares, a la moneda local venezolana. Aparte de estos, existen otros sitios webs de confianza, y siempre está la posibilidad de encontrar una persona de confianza para realizar todos sus cambios de USD - Bs.
¿Dónde puedo cambiar mis ganancias de forma segura a la moneda local de Venezuela?
Appbb (https://www.appbb.co/) es una tienda virtual que también compra saldo de diferentes plataformas (Payoneer, Uphold, Paypal, Criptos, etc.), y aunque no tienen las mejores tasas, son una opción confiable, segura y buena. Lo malo de esta página es que tienen una cantidad limitada de cupos por día, así que tendrán que esperar a que la tienda abra cada día, y agarrar su cupo rápidamente. No he usado esta tienda en algún tiempo, sé que han cambiado un par de cosas y ya no estoy tan seguro de cómo funciona, pero pueden escribir directamente a su página de facebook y su equipo de soporte siempre está atento allí.
Localbitcoins (https://localbitcoins.com/) es un sitio web de intercambios donde puedes vender o comprar bitcoins de diferentes usuarios de forma segura. Este sitio web solo funciona para vender Bitcoins, pero es posible comprar bitcoins con dinero de cualquier otra plataforma, con una buena tasa, para luego venderlos.
Foro-Ptc (https://www.foro-ptc.com/) es un foro dedicado a generar ganancias online, hay muchos recursos interesantes aquí que les recomiendo lean, pero más importante, hay una sección completa dedicada a la venta y compra de dólares por la moneda local. Hace falta una cuenta con 30 días de antigüedad, y algunos posts antes de poder enviar mensajes privados a cualquier persona, pero hay algunos vendedores designados a quienes podrás enviar mensajes sin importar la antigüedad de tu cuenta, con quienes podrás hacer intercambios sin tener que esperar.
Eso es todo por ahora, probablemente siga actualizando la guía mediante vaya aprendiendo nuevas cosas, o con sus recomendaciones. Sólo quiero agradecerle a u/Justgord por darme la oportunidad para compartir todo esto con ustedes!
BittyTax - New open source project for cryptoasset accounting/audit/tax tools
BittyTax I wrote this code last year to do my own tax return as at the time there was nothing available for UK tax rules. I decided to make it open source here https://github.com/BittyTax/BittyTax. It’s command line tools only at the moment, but I’m working on next version which will integrate directly into Excel to make it a bit easier to use. I've done a lot of testing and some friends have used it for their tax returns, but bear in mind it is still in beta. If you get any problems or there's any feature you would like added, please raise an issue here. It currently handles these data file formats: Wallets:
Qt Wallet (i.e. Bitcoin Core)
Historic price data for fiat/crypto are taken from these sources:
Well, I wanted to. Would have bought at $3500. Would have bought at $3000. But it takes so bloody long to get money on to an exchange (not O/S either), the dip was over before my money had even moved! Which is kinda good, in that it reminds me why Bitcoin is great and legacy banking is rubbish.
The History, The Current State And The Future Of NavCoin
The History, The Current State And The Future Of NavCoin
This is it. If you're interested to see what NAV is all about, this is the ultimate guide for you. You will learn about the history of NavCoin and how it evolved. You will learn about the current state and features of NavCoin and you will learn about the exciting new features that are planned and coming up in the (near) future. So buckle up, this is going to be a long ride!
Table Of Content
What is NavCoin?
Rebranding to SummerCoinV2 /NavajoCoin
Rebranding to NavCoin
The Current State
Tutorials And Guidelines
Where can you use NAV?
Introduction - What is NavCoin?
NavCoin is a cryptocurrency that has been publicly traded since mid 2014. It's a fork of the latest version of Bitcoin Core with many additional features and functionalities which differentiate NAV from other cryptos.
NavCoin has been one of the first projects to switch to Proof of Stake and is still using PoS to validate and generate blocks. NavCoin didn't have an ICO or a premine. It is self-funded from the beginning and primarily, but not solely maintained by developers of Encrypt-S - the NavCoin Core team (see below for more info about the team).
NAV is trying to simplify cryptocurrencies for the masses. It does this by providing features which make it easy to use like the implementation of OpenAlias, which allows people to send NAV to an email-like address (for example [[email protected]](mailto:[email protected])). It also provides very easy to use desktop and mobile wallets.
NAV also provides optional privacy. You can send transactions publicly or private, as you prefer.
It's block speed is really fast with about 30 seconds per block. Transactions are confirmed as spendable within only 30 second which makes it ideal for retail and e-commerce.
High levels of scalability (260+ transactions per second)
It currently has a market cap of 11.6kk (as of writing) and trades for about $0.18 / 4'872 Sats per NAV. The circulating supply is 64kk with no max supply (with an inflation of about 4%).
Staking NavCoin currently yields about 8–10% of your holdings per year. This number depends on how many NAV are currently staking. The minimum return is about 4% (if every single NAV would be staking).
NAV is available on many different exchanges with the biggest ones being Binance, Bittrex and Poloniex.
Introduction The following chapter will summarize and break down the history of NavCoin in a few sentences. NAV started a long time ago, went through rebrandings and changes of the core team before it became what it is today. SummerCoin NavCoin was initially first introduced under the name SummerCoin on April 23 in 2014. SummerCoin was a fork of the Bitcoin blockchain. It used to have a PoW/PoS hybrid algorithm with a block time of 45 seconds. SummerCoinV2 /NavajoCoin Soon after the initial launch of SummerCoin, the original developer left and SoopY (soopy452000 on bitcointalk) took over as the main developer and rebranded the project to SummerCoinV2 respectively NavajoCoin and introduced new features. The name NavajoCoin was chosen in honor of the Navajo Code Talker. The unbreakable Navajo code was used to encrypt highly classified military information and commands and decrypt the same in WW II. SoopY introduced a technology which allowed sending transactions anonymously and private. This technology was called "Navajo Anonymous Technology". SoopY also released a new wallet and set the Proof of Stake rewards at 10% for the first year, 5% for the second year and 2% for every year after. NavCoin On August 12, 2014, Craig (current lead core developer, pakage on bitcointalk) started to get involved with NAV by helping to set up a website . It was officially announced that Craig joined the core team as a "Wallet & Web Developer" on November 06, 2014. The last tokenswap and restart of the blockchain of NAV happened on May 12, 2016. Soon later, SoopY stopped showing up and Craig stepped into the role of the lead core developer. Since then, Craig has assembled a strong team with which he built NavCoin into what it is today. Currently, Craig and the NavCoin Core team is located in New Zealand and they are actively developing many ground-braking features which differentiate NAV from other cryptocurrencies. You will read more about that later in this article.
The Current State
Introduction The year 2018 has been a thriving year for the NavCoin ecosystem. Despite the USD price of NAV not reflecting it, in 2018 the core team has developed a whole bunch of new features. Also the core content creators published the first official guidelines that function as an orientation guide for community content creators. This chapter will give you an overview of the current team, the features, the prior mentioned guidelines and the community of NavCoin. Core Team  Last year, the core team has grown alot. It contains of developers, content creators and interns. The core team are employees of Encrypt S, the New Zealand's leading blockchain R&D lab. Encrypt S is developing blockchain solutions since 2014 and values building open-source software highly. Craig MacGregor - Chief Executive Officer Craig is the CEO of Encrypt S and the founder of NavCoin. He is one of the world's most experienced blockchain developers. Craig founded NavCoin in 2014 and is developing software for it since then. He has assembled a strong team of like-minded people. Craig also speaks at seminars and conferenced. Some of the companies and conferences he did blockchain education sessions at are Oracle, Xero, Air New Zealand, Blok Tex and trademe. Together with the team, he is also doing a education series on YouTube where he explains upcoming features in-depth for the community. Alex Vazquez - Chief Technical Officer Alex is the CTO of Encrypt S and the most active contributor to the NavCoin core Github. He has incredible knowledge of blockchains and proposes and implements solutions for challenges and features. He supports community developers frequently and answers any questions of the community thoroughly. Like Craig, Alex is developing software for the NavCoin ecosystem for a very long time. Alex speaks at universities at times and educates students about the blockchain technology. Paul Sanderson - Lead Software Engineer Paul is the Lead Software Engineer at Encrypt S. He has a flair for technology. His technical and management skills are perfectly suited for consultancy and investment advising. He also frequently contributes to the NavCoin core source code. Rowan Savage - Senior Software Engineer Rowan is a full stack software engineer with more than a decade experience in developing complex front-end web applications. He joined Encrypt S in February 2018 and has since been involved in the Valence Plattform, the Kauri Wallet and NavCoin Core. You will read more about these feature/projects later. Carter Xiao - Lead UX/UI Designer Carter specializes in user-centric design and is also very talented with 3D animation, motion graphics and programming. One of NavCoins core principle is "Simplifying Crypto" and UX/UI is a very important part of that. Matt Paul - Software Engineer Like Rowan, Matt is a full stack Software Engineer. He joined the core team in Mai 2017 and has since worked on NavPay, NavPi, the Kauri Wallet and NavCoin Core. Kieren Hyland - Chief Strategy Officer Kieren is one of the employees that are working for Encrypt S for a very long time. He is the CSO and is a digital strategist and growth hacker with a passion for new technology and has a lot of experience in online marketing. Laura Harris - Creative Director Laura has a combination of commercial and creative flair. She manages the social media accounts for NavCoin and ensures, that NavCoins' message is always powerful, relevant and distinctive. John Darby - Content Creator John is an internationally awarded Technology and Financial sector marketing communications specialist. He is one of the Core Content Creators for NavCoin. Features of NavCoin  The following features are currently available and have been developed in the last months and years. It is sorted from newest to oldest. Static Block Reward The soft-fork for the enabling of static block rewards have been accepted and became active recently at 5th January 2019. This means, that the block reward was changed from a percentage based reward to a static reward. This will incentivize the stakers to have their node online 24/7 which increased the security of the network. It also aligns NavCoin with the PoSv3 specification. With this implementation, the yearly inflation will be 3.6% currently and will exponentionally decrease because of the static value of the rewards. Every staked block will now give the staker 2 NAV. Depending on how many people are staking, the yearly percentage varies. With the network weight currently being around 20'000'000 NAV, stakers earn around 10% rewards from staking 24/7. Cold staking To provide extra security to participants in the staking process in the NavCoin network, the core team decided to implement cold staking. This allows to store NAV offline and still be able to sign staking inputs. Looking forward, a possible integration into the Ledger Nano S would mean, that one can stake NAV securely from a offline hardware wallet. How cool is that? OpenAlias One of the core principle of NAV is to simplify cryptocurrencies. Many non-technical people are deterred from the long, cryptic addresses used in wallets. When sending funds, you have to make sure that every single letter and digit is correct which is nerve-wracking for the average person. NavCoin has implemented OpenAlias, which allows to transform the wallet address into a email-like form. Everyone can register a name like "[[email protected]](mailto:[email protected])". Funds can then be sent to this name, which makes sending crypto much easier and less error-prone. Community Fund This is the one big feature I was most excited about. NavCoin core has implemented the first fully decentralized community fund. Acceptance of proposals and release of funds is all approved by the decentralized network. No central authority has access to the fund. The community fund enables everyone to propose their ideas to the NavCoin community and to get paid to implement these ideas. Everyone can propose whatever they like (of course there is a higher rate of success if the proposal contributes to the NavCoin ecosystem ;-)). In fact, this article was sponsored by the NAV-Community by voting "yes" for my proposal. The fund works like this: For a fee of 50 NAV, everyone can create and present his idea/proposal to the entire NavCoin network. The fee is here to help prevent spam attacks. Proposals can literally be anything - be it development, marketing or anything else you can some up with. After creating the proposal, everyone contributing to the NavCoin network can then decide if they like the proposal of not. They vote with "Yes" or "No" for the acceptance of the proposal. Voting happens via staking. Every transaction that gets validated by you gives you one vote. This means that the more NAV you are staking, the higher your voting weight is. The proposal stays in the state "Pending" until it is accepted or rejected. To be accepted, a proposal has to have a participation of at least 50% of all staked blocks and at least 75% of these votes have to be "Yes"-votes. Like-wise to be rejected a proposal need 50% participation of the network and 75% of these votes have to be "No"-votes. Additionally, if a proposal didn't pass after 6 voting cycles (about 6 weeks) it is also rejected. After a proposal has been accepted, the creator of the proposal can start his work. When the work is finished, or at in the proposal defined checkpoints, the proposal creator can create a payment request for the full or part of the requested funds. The NavCoin network can then again decide, if the work is what the creator promised to do and vote for the funds or reject the payment request because it was not what he promised. This mechanism ensures, that the funds are only release if the creator of the proposal did what he promised. The NavCoin network decides everything, there is no central authority which makes the community fund 100% decentralized. The community fund is quite new but there have already been some proposals that were accepted like paying for the development & hosting of NAV block explorer, the creation and distribution of NAV car stickers to the community for free (or paid by the community fund), the funding of interns for NavCoin Core, translation of the website into other languages and YouTube videos. What ideas could you come up with? By the way: this article was also sponsored by the community fund :-) Proof of Stake Like said before, NavCoin uses the Proof of Stake algorithm to create and validate blocks. Participants of the NavCoin network can earn rewards by putting their coins to stake and thus validating blocks and securing the network. The reward used to be 4% fixed but recently changed with the implementation of PoSv3. Currently, rewards for stakers that are staking 24/7 is about 10% but it is dependent on how many people are staking. If more nodes come online, this reward will go down. If 90% of all NAVs would be at stake, stakers would still earn 4%. Tutorials And Guidelines  The NavCoin Core team pushes the community to contribute to the NavCoin ecosystem constantly. They emphasize that NavCoin is an open source project and everyone can contribute. The team tries to make it as easy as possible for the average person to contribute and thus created different tutorials and guidelines. Tutorials To Contribute To The Website The whole website is open source. Everyone can contribute to the website. The team created different guides for people to follow . The NavCoin Developer Manifesto The content creator core team has build a developer manifesto. It defines the values that should be uphold like for example that they will always operate in the best interest of the network. If defines the principles, purposes, scope of involvement and operational requirements . The NavCoin Content Creation Manifesto Similar to the developer manifesto, there is also a content creation manifesto. Again it defines the principles for creating content, the purpose, the scope of involvement and the operational requirements . NavCoin Brand Guidelines In addition to the content creation manifesto, there is also a brand guideline booklet. This should help content creators to create images, videos, articles etc. in the same style as the core team. It defines the NAV brand. The brand guidelines contain definitions, the language to use (words to use, words not to use), the tone of voice, what the community aspires to be and what we discourage to be. It also contains the logo pack which can be used in graphics etc. It describes correct logo spacing, logo placement, the colors of NAV and different web assets. It gives tips about gradients and overlays, the typefaces (with a font pack) and many more. Check it out yourself . NavCoin Educational Series The core team has decided to actively involve the community in the creation of new features. For this reason and to allow users to ask questions, they created the NavCoin Educational Series. The core team schedules an online live meetup which can be joined by everyone. On YouTube they do live-streams and explain upcoming features. Examples of these series are explanations for cold staking, static rewards (PoSv3) and the community fund. The community can ask questions live and the core team will answer them immediately. Community During the last year there have been an influx of software developers from the community starting to create features for NAV. navexplorer.com An examples is navexplorer.com which is programmed by community developer prodpeak and is a block explorer for NavCoin. Additionally, it functions as a interface to see what is going on in the community fund. It shows pending proposals and payment requests. NEXT Wallet The NEXT Wallet is an alternative wallet for NAV and other cryptocurrencies. It has a beautiful user interface and is additionally the easiest interface to interact with the community fund (create proposals, create payment requests and vote for proposals and payment requests). It is programmed by community developer sakdeniz who put hundreds of hours into it during last year. There were also some marketing activities starting to emerge with the release of the community fund. Some of these were for example free stickers for everyone in the NAV community to stick to their car / shop / window etc. or YouTube videos of CryptoCandor and Cryptomoonie that explained the details of NAV. I am sure, that with the 500'000 NAV available in the community fund per year there will be an influx of gread ideas - development as well as marketing activities - that will be funded.
Introduction These features are planned for the future. Many of the following features are part of the 2019 roadmap. Some will not be described in great detail because not much is known about them yet. I've still listed them as they are part of what is yet to come. Features Rimu - Improved Privacy Solution NavCoin used to be a optional privacy coin. That means, that you could choose to send a transaction in private. NavCoin was criticized for the way it handles private payments because it relied on a few servers which didn't make it that decentralized. The technology was called "NavTech" and was a secondary blockchain that obscured the transaction and the amount that was sent. NavCoin Core is currently developing a new improved privacy solution that will make the private payment system completely trustless and districuted and runs at a protocol level. Alex of the NavCoin Core team has published a paper that describes this new privacy solution. It's called Zero Confidential Transactions and can be found here: https://www.researchgate.net/publication/330366788_ZeroCT_Improving_Zerocoin_with_Confidential_Transactions_and_more. What I want to highlight is the collaboration between Alex as the proposer of the solution and the Veil team, a Bitcoin Core developer and Moneros main cryptographer as reviewers. When the best work together, it will be interesting to see what the outcome is! Valence Plattform  Valence is an applied Blockchain platform that can help businesses realise the tangible benefits of blockchain. You can think of Valence as a platform with which you can build Anonymous Distributed Applications (aDapps) with. But Valence is a different kind of platform that enables developers to create new types of blockchain applications. The problem with current (turing complete) dApp platforms are their complexity and rigid nature. Security holes in smart contracts and scaling issues happen frequently . Valence provides transitional pathways that let businesses migrate only part of their activities to the blockchain without having to restructure their entire business model .
Valence will provide a spectrum of blockchain application solutions which sit along the decentralized spectrum, offering businesses simple ways to dip their toes into the blockchain at minimal risk or complexity .
Thanks to the proof of stake nature of the Valence blockchain, more of a node's resources can be used for processing and routing application data which makes the platform faster and scalable.
Valence aims to make building blockchain applications as accessible to the general public as WordPress or Squarespace has made building websites.
The developers NavCoin and Valence aim to make Valence extremely easy to work with:
A Valence application could be an open source mobile or web application that submits unencrypted or encrypted data directly to the blockchain. The only configuration necessary for the app developer would be setting up the data structure. Once they've done that they can start writing to the blockchain immediately. The Valence blockchain interface is language agnostic, meaning developers are free to build applications in whichever language they're familiar with, which greatly reduces the barrier to entry. As the platform progresses, Valence will introduce more and more smart contract templates in collaboration with the development community. These will be like plugins that users can simply select and configure for their application, without having to reinvent the wheel and risk contract errors or spend countless hours of research to program them.
NavShopper The following information is taken from the latest weekly news: NavShopper is a new project which will allow people to spend NavCoin on a growing list of retailers and service providers. NavShopper sits between traditional retailers accepting fiat and NavCoin users and purchases products on behalf of the user by managing the crypt-fiat conversion, payment and shipping. This project will unlock many more ways for people to spend NAV on existing websites/marketplaces without requiring each site to individually accept cryptocurrencies. Some of the prototypes we are working on include crediting your Uber account, buying products on Amazon and donating to charities. Kauri Wallet The Kauri Wallet aims to be an open-source, multi-currency wallet which functions as a foundation for other features. Kauri Enhanced Enhancements to the Kauri Wallet will allow multiple accounts, pin numbers, recurring payments and more. Kauri DAEx The Kauri DAEx is a Decentralised Atomic Exchange that utilises the features of the Kauri Wallet and enables users to create safe peer to peer atomic exchanges for any currency supported by the Kauri Wallet. NavDelta NavDelta will be a payment gateway that allows users to spend NAV at any business which accepts currencies supported by the Kauri Wallet. NavMorph NavMorph is a fusion of Rimu and Kauri DAEx and will allow to privately send every cryptocurrency supported by the Kauri Wallet.
If you have made it this far: Congratulations! You have learned about how NAV evolved, what its current state is and what the future will bring. To sum all up: NavCoin has made incredible progress during last year and released many long awaited features despite the bear market. Many more exciting features are yet to come and it's going to be very interesting to see where we will stand on this day next year.
Unfortunately, the giveaway was not possible in the cryptocurrency-subreddit because of their rules, so I'm doing it here :-) As a surprise, in the next 2 hours I am going to send some NAV to everyone who wants to try out the awesome features and NavPay you read about above. To get your NAVs, all you have to do is the following:
Download the app NavPay from the Android Play Store or as a iOS user, use the NavPay website
Follow the steps to set up your mobile wallet
Backup your private key (the random words) so you could restore your wallet if your phone breaks or something like that!
Post your public address, so I can send you some NAVs
If you liked the experience, I'd be happy to hear back from you :)
Helllo, I am Oleg, and I am running Nexchange.io. At Nexchange we aim at making things better than they currently are. Yesterday we had a trade of 165 BTC on our platform (around $1m). https://nexchange.io/ordeOSMQ6L Our algorithm decided to use uphold as a liquidity provider for this tx, as they had a good market rate with only 2% fee including the slippage. Once the money was deposited to Uphold, they immediately froze the account, asking for 'source of wealth' 'due diligence' and 'KYC'. The exact quote from the email would be: "When you initially created your account you have indicated an estimated volume of 100 000 USD per day, today you have exceeded this estimation, thus your account is frozen until you provide further documentation" (all trades were crypto to crypto) To this email I have responded with the link to trade which is above, as well as full audit-able list of orders on our platform via our API https://api.nexchange.io/en/api/v1/orders/ I have a verified business account with this firm for 2 years. Naturally when I was starting Bitcoin was much cheaper, the volumes were lower, and my business grew since then. In fact their claim that I've exceeded my stated volume is incorrect, since none of my transactions were in fiat, and quoting by the BTC price at the time of signing the forms, $100k are actually 250 BTC! By reviewing their terms and conditions there are no limits to neither crypto funding and crypto volumes. I even had a face to face meeting with the technical team in Braga demonstrating my product earlier this year, followed by a Skype call with the business executive to try and negotiate better fees for my high volumes. On neither of those instances any problem with my way of operation was brought to my knowledge by the team. I wrote their support, explaining the situation, but there is no response. So far there is more than $1.5m hanging funds on their exchange and no-one to talk to. On the accumulated position size (200 BTC) my customers are losing thousands of USD every hour, but nobody in uphold seems to care, despite the fact they made 50 000 USD on fees from my company this week alone. Stay away from those guys, They are thieves!
ZG.COM is a global digital asset trading platform strategically invested by BTCChina and ranks among the top 20 global exchanges. ZG is headquartered in Singapore and has offices in Korea, Japan, the United States, Taiwan and other countries and regions. ZG.COM, which is composed of top national talents in the field of financial technology, has senior experience in system security, microsecond load and financial security. Why choose ZG.COM? l Successful operational strategy In the digital asset trading market, the number of investors participating depends on the quality projects of the platform, and how to choose the platform for quality projects depends on the operation mode of the platform. This is a virtuous circle in the development and growth of the market . As the saying goes, Users are the basis of the exchange’s rapid development.ZG.COM has always attached great importance to the platform operation. Since the launch of flash sale in April, more than 200,000 users have benefited from the activity. Only when users are satisfied can ZG develop rapidly. At present, the flash sale plan of ZG.COM has been held for 14 periods, with a total of more than 230,000 people participating, with an average of 49 times of fundraising per period and a maximum increase of 20 times. Therefore, ZG has won a good reputation and a large number of users’ support, and users gradually formed the habit of participating. The flash sale activity of ZG.COM has attracted great attention of more than 1000 media KOL and community leaders, and has been forwarded to WeChat moments and community. The activity has been forwarded to more than 5000 WeChat groups with at least 400 people in each group, and the total number of contact has reached 2 million. Each activity will receive a lot of attention and be spread spontaneously. 2.Excellent marketing In terms of market brand, the ZG.COM domain name cost 2,500 bitcoins, worth more than 25 billion won, which Set a record for the 2018 domain auction. The move also shows ZG.COM’s determination to become the world’s top digital asset trading platform. In addition to the “20 cities plan”, an offline event organized by ZG.COM, ZG.COM also has hosted more than 20 major events since March. ZG.COM has also frequently participated in international summits in the industry, actively explored the market, and established profound cooperation with project teams, regional communities and media. Moreover, ZG.COM has cooperation with top media in the blockchain industry. All projects launched on ZG.COM can obtain support in marketing and media resources, which mainly includ global blockchain media publicity and distribution, community cooperation, technical support, global activity docking and other services. 3.Massive user trust By mid-September 2019, ZG.COM has more than 3 million registered users worldwide, including more than 800,000 real-name registered users and more than 100,000 daily active users. The volume of daily transaction has reached 300 million USDT, and the daily volume of OTC transaction has exceeded 2.6 million USDT. 4.perfect security services ZG.COM inherited the technical team that BTCChina has been operating for eight years without security issues. From the perspective of cost, we never regret, because safety is the lifeline of our business. Is the Korean market the main business development direction of ZG.COM? From digital asset exchanges to applications in various industries, blockchain technology is the inevitable trend, whether you like it or not, it’s always there. Following the trend, ZG.COM establishes close cooperation with many world-renowned blockchain companies to quickly integrate into the financial market, integrate resources and gather energy. Upholding the strategy of “globalization layout, focus on deep market”, ZG is headquartered in Singapore and has offices in Hong Kong, Taiwan, Europe, Malaysia, Korea, Japan, the United States and other countries and regions. Developing the Korean market with mature market and excellent project teams and users is one of our strategies. We will cooperate with South Korea with the utmost sincerity and work in other countries around the world at the same time. How does ZG.COM screen a project? In addition to the rating standards, we will strictly screen the information provided by the project teams to eliminate the existing risks. We also provide professional risk control solutions for newly launched projects. The blockchain and digital currency industries are still in their infancy. We will never give up any idea that has the potential to change the world, and we will also guard against risks and fraud. What is the future of ZG.COM? ZG.COM is more than just an exchange. By choosing ZG.COM, you are entering a huge global community. The vision of ZG.COM is to serve 50 million users in 100 countries by 2025, making it easy for everyone to trade digital assets. For us, the top 20 in the world is just the beginning. As more and more people around the world recognize and enter the blockchain industry, ZG.COM will be a self-financing and self-regulated digital asset financial community in the future, so ZG has infinite imagination space.
Uphold is a digital money platform where users can buy, convert and store a wide range of assets. Not only does this virtual support 8 popular cryptocurrencies, but you can also exchange more than 20 fiat currencies and 4 precious metals. Uphold is a cloud-based platform that enables users to store, buy and convert various assets. It offers it services in over 100 countries. It is one of the most trusted cryptocurrency wallets and Uphold accounts are free to members who maintain active accounts. Fund your account FREE when funded by a bank account, using bitcoin, or from another Uphold account. If using a Debit/Credit Card or China Union Pay to fund your account, a fee of 3.99% applies. Send and receive money FREE between Uphold members. At Uphold, we make it easy to buy and sell any major digital currency. You can invest, transfer or send/receive between 9 cryptocurrencies, 23 traditional currencies and 4 precious metals. Our digital money app is slick, easy, and secure. About Uphold Technology has changed the way the world functions; and the financial sector hasn't been left behind. Protection from forex risks through low rates of conversion between 30 major currencies. Bitcoin Exchange Guide is a hyperactive hybrid of heavy-handed cryptocurrency content curation creators from christened community
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