Next FUD wave inc...
FUD? they work together closely in a large office building as evidenced by the office tour video and annual conference. Could you imagine if two companies that work together rented office space from the same building? Oh the horror.
It sounds like partners are being lent WTC initially so that they can replish it through mining. Thus keeping the buying off the exchanges. Let’s be honest, is a smart city going to stop functioning because someone has to go onto binance first to buy more WTC? Something is missing here.
Sounds like they have to buy through exchanges? What wording to you sounds like it is lent? Edit: I guess it’s just they’ll give some coins to new projects to entice them to use it. Doesn’t say how much. I imagine it wouldn’t be too significant.
Did they ever announce what the "Ground breaking new application that would flip crypto currency on its head" was that they first mentioned at the annual event?
They just mentioned something about gesture sensors... not sure the purpose of that and Blockchain
Not that it matters too much due to very low volume and no reason to buy but Binance just moved 600,888 WTC from cold storage to the hot wallet due to so many withdraws.
First time in 41 days.
Maybe it’s because of the FREC AirDrop?
what the fuck?
How has no one given a correct answer yet? The difference is that you can never get money out of the Battle.Net system. You can only put more money in to buy games or services from Blizzard. Even if you exchange gold for a battle.net Token to buy Hearthstone cards or whatever - you're just exchanging stuff on a platform. There is no way for you to turn this token into actual money.
Blizzard does this because this way they don't have to care about money laundering. If they allowed money to flow out of their platform then the IRS would fuck them up.
Now of course you can sell gold to some chinese guy via a black market website but that's against Blizzard's ToS so they don't have to give a fuck. Also that would be a taxable event.
By the way, exactly what I just said is also true for Steam, Origin etc.
It's always possible to exchange your bitcoin or whatever for actual money. That's not (legally) possible with WoW gold.
If someone paid you money for it then that would be taxable, no?
I have a noob question, what wallet do I need to participate in this? Can I download it via phone? I've always kept my coins in an exchange.
Need to move your coins to an address you have the private key for before the date. After that they’ll send you the coins automatically. Amazing.
I'm not quite sure what you're implying..it is a genuine question. If a company wants to incorporate Walton into their business somehow, they'll need to buy Waltonchain tokens, right?
If a company ever needs the services of another company they pay them right? Not trying to be smart but if the cost of WTC tokens is cheaper than their current solutions and there’s a value add... then what is stopping them?
That’s true, it probably sounds stupid but I didn’t think of it that way. I just couldn’t imagine a multinational company buying WTC on Binance for example, but the technology seems to be advancing so quickly I’m sure it’ll be very easy to buy tokens in the next few years!
They can buy direct from Waltonchain over the counter. No need for Binance.