Can monero be exchanged for cash

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This is why regulations end up being a reality for financial industries.

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But I would only count it back to the first actual email to customers, mentioning Bitcoin Cash in particular, not to an old blog post about their general policy.The split emerged from a the root that the clients own: Bitcoin.They do have an obligation to provide access to peoples funds in a timely manner though.

Funny how they thought they could do otherwise, well, took them two days, I know many peolpe that take much longer to understand such things lol.You do not store any BTC on Coinbase, only the claim to them so it is true what people say.Monero To PKR; Ripple To PKR; NEM To. Users can transfer bitcoin to do just about anything that can. Bitcoins can be purchased, sold and exchanged for other.

Ideally, I would have liked Coinbase to handle the split but they have no obligation to do so.Are you going to be able to prove my volume is fake or unreliable.Also, Bitcoin Cash is a fork, absolutely nobody is obligated to use it.

Monero Price Chart (XMR/BRL) | CoinGecko

And you might be right that in time it would be understood and expected that forks can simply be ignored by fiduciaries.I checked because one of my friend ask me if he buys last week would he be able to get his coin out of coinbase in time before split.Bitcoin Cash Price;. became the first Bitcoin-based security on a regulated exchanged when it was listed. As such British investors can expect to be exposed.Anyone with a little bit of common sense knows not to collect coins on exchanges unless they are actively trading.Today there is not problem whatsoever and you would have a strong case.Bitcoins are used to store and transmit value among users in the bitcoin network.Coinbase informed all its customers that it would not be supporting this fork in advance.

I can move millions of dollars back and forth between huge numbers of accounts.Show me volume across many exchanges that have even remotely the same price.Particularly as I believe they set a precedent by supporting ETC following a similar situation not long ago.You can send bitcoins anywhere and it will processed in minutes, there are no conventional banking fees with bitcoin because there is no central bank involoved. instead, you will pay small fees to miner.If you read Brian Armstrong he clearly is trying to address the enthusiasts who want access NOW with his disclaimer notes, and not trying to say to long-term holders that he will keep their asset.

Its not reasonable expectation that a business such as coinbase would be contractually obligated or otherwise to support such a nonsensical position as this one.Recharge your mobile balance on any network using Bitcoin and Ethereum.Doxing or posts that resemble doxing will result in the post being removed and the user banned permanently.If you do not wish to have access to UAHF coins, and do not wish to access your BTC during the fork, you are not required to take any action.They obviously realized bitcoin is serious and there is no way they would get away with it.You may find that there is another email from Coinbase in there as well.There are companies worth billions that have no volume in private shares.Also FYI, I do NOT care for those that lost their bitcoin cash in coinbase.

But you are basically saying that coinbase has their asses covered in court because they can always say.

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I am sure you can right now, go there, withdraw your bitcoin cash for enough fiat to buy your house without creating more than a tiny ripple in the price.This major event was been in the news for months and everyone should have been following their exchanges and such for guidance on this, especially when it has been a major questions as to what exchanges will do and what they will support.

The griping idiots will have absolute shit in terms of rebuttal, but but but muh mining hardware but but but muh exchanges.read your end user agreement.I got an email from Coinbase notifying me on July 27, a Thursday.People have been saying that to put emphasis on the fact that if you do not control the private keys you expose yourself to the possibility of being deprived of your coins in a situation like this one.

In fact I find it entertaining that people do stupid things even when told a zillion times what is clearly reasonable and what is risky.Are they a custodians of BTC or private keys or wallets or what.Do people have a claim to whatever value they could get for it.In my opinion, when you operate a licensed exchange in a market like the US and target to retail customers you have to accept that the dice are loaded against you.Going forward, customers and brokers need to setup an appropriate timeframe and notification process.Also, are you trying to look smart with your alice and bob story.

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But it goes against any reasonable definition of fiduciary trust to not provide a mechanism for owners of the Bitcoin Cash to have their assets transferred to an account of their choosing on a commercially reasonable timeframe.

Fucking transact your coin to a wallet that you own the private keys of.If you become a regulated exchange serving retail investors those are simply the rules of the game.Create a trillion dollar market cap with the same trade volume of bitcoin cash. Do it. Now. I will watch. yeah. perhaps one thing you could do is STFU.Any brokerage would be expected to manage a corporate action which created a new security issued pari pasu to existing holders.Should UAHF activate on August 1, Coinbase will not support the new blockchain or its associated coin.For more information on these potential Bitcoin forks, please refer to this article:.