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Messages - robertsmark

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1
Crypto Discussion / Re: who is the best crypto trading signal provider?
« on: January 25, 2022, 12:52:03 PM »
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2
Crypto Discussion / Walmart Has Quietly Begun Hosting Bitcoin ATMs
« on: October 29, 2021, 12:36:20 PM »
Walmart, the world’s biggest retailer by revenue, is now selling bitcoin at hundreds of its stores across the country.

Customers may buy cryptocurrencies through Coinstar ATMs located throughout the retailer’s massive large box shops. On Oct. 12, a CoinDesk editor tested the service by purchasing a modest quantity of Bitcoin at a Pennsylvania Walmart.

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3
Crypto Discussion / Walmart supports Bitcoin ATMs
« on: October 29, 2021, 12:34:09 PM »
According to Walmart communications director Molly Blakeman, Coinstar, in collaboration with Coinme, has launched a test that enables consumers to buy bitcoin with cash. He went on to say that the pilot includes 200 Coinstar terminals positioned within Walmart shops throughout the United States.

Coinstar is most recognized for letting customers exchange coins for cash, gift cards, or paper notes. Coinme, a cryptocurrency wallet and payment company specializing in bitcoin ATMs, has made it possible to purchase bitcoin (BTMs).

A paper voucher is given once bills are inserted into the machine. Before the coupon can be used, you must first create a Coinme account and pass a know-your-customer (KYC) check. According to the Coinstar website, which CoinDesk confirmed, the machine costs a 4% fee for bitcoin and a 7% fee for cash conversion.

Following a scam last month in which a bogus press release stated that litecoin (LTC) would be accepted as payment in Walmart shops, CoinDesk tested the service out of an excess of caution. The bitcoin-Bentonville link is genuine this time. According to a person familiar with the pilot, the Litecoin fiasco has deterred Walmart, located in Bentonville, Ark., from publishing a press announcement.

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4
Crypto Discussion / AMC Could Create their Own Cryptocurrency, CEO Says
« on: October 28, 2021, 01:44:04 PM »
Through their CEO, Adam Aron, Theatre chain AMC has suggested that the company could issue its own cryptocurrency soon.

Adam let in on this huge news during an interview with CNBC after highlighting that the theatre chain is getting hyperactive with cryptocurrencies.

Adam continued to stress that there was a couple of reasons AMC would be a successful issuer of a custom-owned cryptocurrency token. As Adam let out, AMC is working on ‘half a dozen ideas’ at the moment, and divulging into the cryptocurrency business is just one of them. He, however, did not insinuate that all the projects would be cryptocurrency-related.

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5
Crypto Discussion / Is AMC in a Position to Navigate Crypto Regulations?
« on: October 28, 2021, 01:41:24 PM »
If AMC actualizes this dream and launches a crypto token, it will possibly attract attention just as their stock has done months over. This is because AMC has grown popular among retail investors over the years alongside major companies like GameStop. That said, a foreseen obstacle to this would be the difficulty to launch it in the United States due to the restrictive regulations present.

While the reputation of the theatre chain may proceed to help gain legitimacy of their token, obstacles ahead are almost certainly. If business giants like Facebook and Telegram encountered rougher patches in their suit to issue their crypto tokens, AMC might run to setbacks sooner rather than expected.

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6
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« on: October 25, 2021, 12:50:05 PM »
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8
Crypto Discussion / Solana on the verge of 100 Profit
« on: October 16, 2021, 01:38:50 PM »
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10
Michael Dell, the founder of Dell Technologies, has decided a “pass” on Bitcoin according to his recent interview on New York Times.

Dell Technologies founder and CEO stated that blockchain as a category is “probably undervalued,” but he would not say if bitcoin is underrated or overvalued. On Saturday, he made the comments in an interview with the New York Times’ newsletter DealBook.

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11
Useful Cryptocurrency Resources / Dell’s adoption of Bitcoin
« on: October 15, 2021, 12:44:19 PM »
One of the first businesses to utilize bitcoin was Dell. In 2014, his business, which offers everything from hardware to cloud computing services, started taking Bitcoin as a payment method. Due to “poor demand,” it ceased dealing with bitcoin in 2017.

Michael Dell, the man who founded the business that made the computer on which this article was written, might be a genius. His computer business, which has sold about 800 million computers, has a market capitalization of $80 billion.

Dell’s interest in blockchain technology stems from its infrastructure business, which brought in $8.4 billion in sales by providing data storage and other services in the second quarter.

Potential revenue driver for Dell

Its 56-year-old billionaire founder recently named blockchain technology a possible income generator for the business, among driverless cars and AI-driven biotech.

On the other hand, Bitcoin has gained approximately 15% in the last week, or about $150 billion. Bitcoin is now worth about 13 times as much as Mr. Dell’s business.

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12
Useful Cryptocurrency Resources / Dell’s support for Bitcoin
« on: October 15, 2021, 12:39:55 PM »
Dell did not wholly dismiss Bitcoin. Through a collaboration with Coinbase, the business began accepting Bitcoin payments in mid-2014. It provided a 10% discount on Alienware PCs using Bitcoin up to $150 during a month-long campaign in July 2014.

Bitcoin was valued at about $620 at the time. This implies that the original $150 would be worth $13,770 today. Due to insufficient demand, Dell discontinued taking Bitcoin in October 2017. Perhaps Dell was mistaken again: Bitcoin soared to not-quite-$20,000 highs soon after, the highest price of Bitcoin until early this year.


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13
Crypto Discussion / Do not miss out this analysis on alt
« on: October 12, 2021, 01:48:02 PM »
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14
Useful Cryptocurrency Resources / A Possible Bitcoin Market Shock Awaits
« on: October 06, 2021, 02:30:15 PM »
The prices of Bitcoin have constantly spiked and dipped more than 100 times between 2014 and now. It is no surprise that the creditors are favouring reimbursement in Bitcoins. Most of these creditors are voting yes on a rehabilitation plan to be filed in the Japanese court by 8th October.

Suppose the motion passes, a massive payout of over $6 billion worth BTC can cause a market shock if recipients dump them en masse. As the holders of Mt.Gox start to liquidate their assets, the overall impact of the bitcoin price is going to be brutal.

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15
The Bitcoin exchange platform, Mt.Gox, may soon be required to distribute 200K to its creditors upon a lingering lawsuit.

The Japan-based exchange was at one time a significant BTC offering exchange handling over 70% of the global BTC transactions. Somewhere along the lane, the company filed for bankruptcy after suffering a massive loss that saw them short of 850,000 BTC coins after a hack.

Recently, the exchange announced that Japan would seek to close the bankruptcy case. Surfacing evidence during the lawsuit also pointed out massive laundering of approximately $6 billion worth of Bitcoins. So far, the exchange has recovered about 200k Bitcoins. It is expected that the court will order Mt.Gox exchange to distribute these funds among its long due creditors after having waited almost a decade for reimbursement.

It is yet to be decided whether the exchange will reimburse the assets in the 2014 fiat value or the current one. The distribution go-ahead is entirely dependant on whether the Japanese court passes a civil rehabilitation plan.

Should the funds be distributed as per the 2014 fiat value, several Mt.Gox investors will wake up crypto millionaires. Mind you, some of the exchange’s investors have already demanded their payout in more than hundreds and thousands of Bitcoin.

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