Swiftcoin Forum

General discussion about the system. News, the Swiftcoin community, innovations, the general environment, etc. Discussion of specific Swiftcoin-related services usually belongs in other sections.

Technical discussion about Swiftcoin client and the Swiftcoin network in general. No third-party sites/clients, bug reports that do not require much discussion (use github), or tech. help.

General economics and marketplace discussion. Share best practices, promote Swiftcoin events, promote Swiftcoin regionally, Swiftcoin buy/sell classifieds etc.

Discussion about doing business with Swiftcoin. Best trading practices, delivery methods, exchanging other currencies for Swiftcoin, Swiftcoin for credits etc.

Discussion on how politics affect Swiftcoin and other cryptocurrencies. Discuss philosophy, news items and social issues here. All comments should be kept on-topic. 25 posts required to post here.

Discussion of cryptocurrencies other than Swiftcoin. Note that discussion of how these currencies relate to Swiftcoin may fit in other categories.

• The Crypto Times ep 17 - What the Fork?

  https://youtu.be/ASBvkwgz4Lo

• Funds in Online wallet

  I'm using two online wallets to hold any Bitcoin I've earned the past few weeks, one is Nicehash for my mining earnings and the other one is BitGo where signature campaigns and misc transactions go to. Should I transfer all my funds to an offline wallet or something? What might happen since I do not have the private keys? What are the risk I may face on first of August? Thanks in advance

• SEC Issues Investigative Report Concluding DAO Tokens, a Digital Asset, Were Sec

  About time I think. These ICOs were giving the whole industry a bad name https://www.sec.gov/news/press-release/2017-131 Quote Press release SEC Issues Investigative Report Concluding DAO Tokens, a Digital Asset, Were Securities U.S. Securities Laws May Apply to Offers, Sales, and Trading of Interests in Virtual Organizations FOR IMMEDIATE RELEASE 2017-131 Washington D.C., July 25, 2017— The Securities and Exchange Commission issued an investigative report today cautioning market participants that offers and sales of digital assets by "virtual" organizations are subject to the requirements of the federal securities laws. Such offers and sales, conducted by organizations using distributed ledger or blockchain technology, have been referred to, among other things, as "Initial Coin Offerings" or "Token Sales." Whether a particular investment transaction involves the offer or sale of a security – regardless of the terminology or technology used – will depend on the facts and circumstances, including the economic realities of the transaction. The SEC's Report of Investigation found that tokens offered and sold by a "virtual" organization known as "The DAO" were securities and therefore subject to the federal securities laws. The Report confirms that issuers of distributed ledger or blockchain technology-based securities must register offers and sales of such securities unless a valid exemption applies. Those participating in unregistered offerings also may be liable for violations of the securities laws. Additionally, securities exchanges providing for trading in these securities must register unless they are exempt. The purpose of the registration provisions of the federal securities laws is to ensure that investors are sold investments that include all the proper disclosures and are subject to regulatory scrutiny for investors' protection. "The SEC is studying the effects of distributed ledger and other innovative technologies and encourages market participants to engage with us," said SEC Chairman Jay Clayton. "We seek to foster innovative and beneficial ways to raise capital, while ensuring – first and foremost – that investors and our markets are protected." More at the link...

• Could Bitcoin fork lower even after August 1st?

  After the initial fork before Aug 1st, whats the possibility of Bitcoins forking even further even after Aug 1-2? The chances seem slim just thinking about it, but what are your thoughts?

• Satoshi Nakamoto's decision on forking

    where is the creater of this shit? driving people crazy. I am surprised why the man is still hiding and seems lost the control of the ship?

• Trading BTC into fiats other than your native country's

  Does anyone have any experience trading BTC into other currencies other than their national fiat for the purpose of increasing profit. I am toying with the idea but I wonder if tx fees among currency traders would end up making the whole idea worthless. Does anyone have any experience doing this and making it work? If so, how did you manage it?

• Is BTC/BCC becoing more-and-more China's blockchain playground?

  On December 2013, China’s government intervened and cut off the flow of money between Chinese banks and Bitcoin exchanges, later to be poorly and falsely named as a bubble. Behind the Chinese companies stands Chinese Party members, whom have already come to play a major role in a civil war that has divided Bitcoin followers. This war is part of a much larger financial/ policital moves in line with the Belt and Road Initiative on the global stage. The hash-power of Chinese companies (under a single Chinese jurisdiction) has already come to play a major role in a civil war that has divided Bitcoin followers - and China is taking for example IMO SegWit as a hostage in those ongoing (secret-cyber-crypto-)battles, united as said under a single jurisdiction, which does not bode well. China has a majority control of the Bitcoin network, and through its proxy agents for exaplme PR these years as an "identity-ideology crisis", which they have created at first place, acting mindfully agaist Bitcoin early conception, in they claimed war. Bitcoin was to exist beyond the control of any single government or country. China has become a market for Bitcoin (tokens and blockchain) unlike anywhere else. China’s clout is raising worries about Bitcoin’s independence and decentralization, which was supposed to give the technology freedom from the sort of government crackdowns and interventions - this leads to bigger questions of what Bitcoin should look like in 10 or 20 years? China by now has the power and wishes to leadership openly the Bitcoin industry. From the beginning, Bitcoin was designed to be decentralized (operated by all the people who joined their computers to the Bitcoin network and helped process the transactions), but China does not stand for that, thus de-facto changing Bitcoin's ecosystem with those they (can) trust. They take more and more voting and programming core power. China’s government these days decides to pressure miners in the country to their use. The government’s intervention in 2013 suggests that Bitcoin is not too small to escape notice. China will remain dominant in Bitcoin, blockchain and crypto for good. Also, the Chinese government is building up a Social Credit Rating System to determine how much trust can be give to every citizen. Imagine you took a ride on the train without a ticket? Cheated on a test in university? Cursed someone online? This system remembers everything and will give scores. These scores will determine whether you should be granted for a loan, or be allowed to have a new job, or to be suitables for booking hotel-room in mainland China or elasewhere worldwide. This social credit rating system will start operation in 2020. According to the Chinese government, its goal is to allow those trustful people to walk everywhere on earth, and decline the truthless from walking even one step. This Social Credit Rating System can and will most probably use BCC - Bitcoin Cash. Creepy. https://en.wikipedia.org/wiki/Social_Credit_System

• BTC Anonymity

  Is Bitcoin's anonymity enough for you? Or do you wish it was anonymous? Do you take any measures to anonymize your BTC funds?

• cryptonicmining.com

  Hi, cryptonicmining.com...Anyone checked this site out yet ?...looks like a Updated version of a SCAM site.

• ID

  nereiva

• Bitcoin Cash (BCC) is an Alt-coin trying to profit off the Bitcoin Brand

  If they accomplish a fork, good for them.... that's great accomplishment and all. But if Bitcoin was really flawed, and they had the magic solution, then why not create a brand new coin? The reason they don't is because Bitcoin isn't flawed, and they need the Bitcoin brand to make money off their new Alt-coin. That is all. Bitcoin Classic 4 Lyfe.

• Cryptocurrency Market: Bitcoin Network Upgrade & Current Downswing

  Hey fellow cryptotraders. I have been covering some cryptocurrency market updates over the past 3 months on Medium and have built up quite the following in such a short amount of time  --  I must be doing something right! My goal is to protect YOU and alert YOU when there are occurrences that might affect cryptocurrency holders  --  many times Bitcoin holders since it's such a strong force in the cryptosphere. Anyway, I have been listening to Chris Coney of The Crypoverse and wrote an article giving some trading advice to BTC HODLERS. d[^_^]b - https://medium.com/@CrowdConscious/cryptocurrency-market-bitcoin-network-upgrade-current-downswing-820900a5367d I hope this helps you and our trading community stay safe during the August 1st upgrade! Happy trading and please feel free to give feedback on this thread!

• Teach Bitcoin in schools!

  Is it necessary that all people must know about bitcoin?

• Bitcoin is a lot like eCigarettes

  If you know about the battle between Tabaco companies / Governments / Pharmaceutical companies VS eCigarette  companies, then you will know what I mean. We all know cigarettes are one of the main contributors or causes for a wide variety of cancers and illnesses and eCigarettes is the possible solution to this problem. { Disruptive technology } The eCigarette companies has proven that their technology are better and less harmful than cigarettes, but Tabaco companies, with the help of governments and pharmaceutical companies { nicotine patches & tablets } has started a ALL OUT war against this technology, because they stand to lose BILLIONS. Some countries have BANNED eCigarettes, because the Nicotine is harmful to people, but they allow cigarettes that are more harmful.  Bitcoin is fighting the same kind of battle against paid shills and sinister groups that are trying to destroy it with the spreading of misinformation and "divide & conquer" tactics. Will we win this battle against these giants or will we surrender in defeat?   

• Before August 1, and after August 1.

  What y'all going to do before august 1, and after? I really hope that most of them will sell their btc.

• Before August 1, and after August 1.

  What y'all going to do before august 1, and after? I really hope that most of them will sell their btc.

• Are we under a DDOS?

  Seems like the forum is getting laggy and throwing up error pages here and there, I say this is bitcoin related as its an attack on the site if so, or less likely the site is just getting more traffic than usual.

• BTC-e hacked ??

  Popular Russian bitcoin exchange BTC-e has been down for almost 3 hours with the official twitter saying they are having a "server maintenance". The weird thing is, they have never had maintenance works without prior announcements in the past. And coincidently, bitcoin prices have been crashing since btc-e went down. Are they hacked and just denying the attack by calling it a maintenance job (like most hacked websites choose to do) ?? Hopefully, btc-e comes back online soon.

• Any mixing services siezed / shut down by law enforcement?

  I have found this post  on reddit. About recent BitMixer.io closure, user comments that "The Feds have several tumblers seized". Did it ever actually happened? Was there any mixer/tumbler that was shut down by law enforcement?

• how is bitcoin acceptable in your country

  hello guys, hope you are all great,i just want to know how acceptable is bitcoin is in your localty,here in nigeria bitcoin is fast growing among young peaple,share yours