Sorry but it is simply ludicrous to think the trustee is following the letter of the law as there is no law books existed today that has the letters spelled as “bitcoin”. The trustee had to use his best judgement when interpreting and applying existing bankruptcy rules. There is no question in my mind that the Mt.Gox trustee errored in his decision on the Bitcoin-JPY conversion rate set for online claims filing as well as his hint on the bitcoin payout rate during distribution. Equally questionable was his decision to treat bitcoins as IOUs and his lack of appropriate response for the lost-then-found assets (e.g. the 200,000 bitcoins “found” after the commencement of the bankruptcy). I’m simply amazed that nobody at the 9th creditors’ meeting asked the trustee – based on your understanding and your application of the Japanese bankruptcy proceedings is it thus correct to conclude that mt.gox creditors simply cannot be made whole again regardless of the outcome of all the on-going investigations and effort recovering the lost coins? Mt.Gox customers will never be able to get all their coins back, not even if all the lost coins are found next week, all because they had agreed to the $485/btc conversion rate that you set for them to file their claims online, is that correct?
EngagemeTV Bitcoin Payouts - Who has the best rates?
This guide is based off of Fishering's guide but only takes into account sites with a bitcoin cashout. If I made any mistakes, please let me know. I have not tried all of these sites so there are bound to be errors. I created this site mostly because of Earnably's new bitcoin policy. Like the post by Ryanito states, the high fees are making it very difficult for any site to allow bitcoin cashouts while making a profit. This is why most of the sites on this list have fees when it comes to bitcoin cashouts. For sites looking to offer cryptocurrency cashouts, I would recommend NOT using bitcoin until the transaction fees are fixed, if ever. Use Bitcoin Cash, Ethereum, Litecoin, or other low-cost transaction cryptocurrencies. First off, the chart. (Again, credit to Fishering). I will exclude some of the lower paying sites and focus on the higher ones for now. This guide is only for earning with a computer, as some of these websites may or may not be available on the Engageme mobile app.
Payout Per 3 Videos
This site does not allow bitcoin cashouts, but I will explain more in the end.
Now for the pros and cons.
Personally, I have never used this site. If anyone else has used it in the past, tell me. I will be switching to it soon from Earn.GG. It easily has the best payout, although there may be some unstated fees with the Tango Bitcoin cashout option. Edit: It seems that the Clixsense bitcoin cashout has been removed.
Pros: Earn.gg has no cashout fee for bitcoin like many of the other sites do. There is often a 1-5% bonus for videos so you'll be making more than the stated amount. Every 0.1 cent you earn, you'll also be getting a ticket into a raffle for a larger sum of points. I have won the raffle quite a few times before but it's harder now as the userbase has grown. Also, Earn.gg has the lowest minimal cashout at $.75. Cons: If I recall correctly, this high payout is only for the month of August which is almost over. That means that the rate will return to .7 cents per video again.
Pros: There are no fees upon cashout. There is also an automatic cashout option, which is very nice as you don't have to constantly re-order. There is a nice daily bonus and referral system as well. Cons: Unfortunately, the new Earnably policy doesn't allow cashing out to addresses as of now. If you want to cashout in bitcoin, you'll have to use coinbase. Coinbase is easily one of the worst exchanges when it comes to dealing with bitcoin. There are many reasons why but I don't want to go into that right now. Anyways, there is a transaction fee if you want to withdraw your bitcoins from Coinbase, although I don't quite know what it is. (I use Gemini as my fiat -> bitcoin exchange)
Pros: The referral system seems nice and they also have the highest rate for Videoloyalty, so the minimal cashout won't be too hard to reach. Cons: The bitcoin network fees are deducted from your rewards. There is a consistent 30000 satoshi fee throughout all reward levels except at $25. This means that your minimum fee-less cashout will be at $25.
Pros: You can order a custom amount of bitcoin instead of redeeming at a certain amount, as long as you meet the low minimum. Cons: For bitcoin cashouts, there are no more cons as of now. Free cashouts and a custom amount. The only con will be the low engagemetv rates.
Unlike these other options, Mintvine does NOT offer a bitcoin cashout. However, I am including it because you can get bitcoin from it at a better rate than the other sites. Paypal cashouts often take a few days to complete. After that, you'll have to transfer your paypal balance to your bank which will take a day. Then, you'll have to transfer from your bank onto an exchange (I recommend Gemini for US citizens.) Then, you have to pay the usual 0.25% fee on that exchange. (Only 2.5 cents for $10) So for 1000 EngagemeTV offers or 3000 videos, you get $9.975 worth of bitcoin, easily the best rate out of all of the sites, right? Well, it will give you bitcoin at a better price than other sites, but at what costs? Will bitcoin go up $300 during those 7 days you're waiting for your money to arrive? These are all things you have to consider, and Mintvine is definitely not the choice if you're looking for convenience.
Every site has their pros and cons when it comes to bitcoin cashouts. There's no easy way to handle it, as each business using bitcoin has to make changes to remain profitable while dealing with rising transaction costs. If this guide helped you in any way and you are looking to switch, I will appreciate if you PMed me for a referral link (Won't add any here) And if you are one of the owners / employees of one of these sites, I'll ask again. Consider adding other cryptocurrencies, especially Bitcoin Cash as a way of payment. A 1 cent fee or less is much preferable than bitcoin's current high fees.
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03-10 05:12 - 'I sold 15.17 bitcoins at [SurBitcoin] and i received the [payout in usd.] / Current exchange rate at [SurBitcoin] - 1430 USD. / Current exchange rate at [Coinbase] - 1210 USD.' by /u/lexensi1 removed from /r/Bitcoin within 10-15min
''' I sold 15.17 bitcoins at [SurBitcoin]1 and i received the [payout in usd.]2 Current exchange rate at [SurBitcoin]1 - 1430 USD. Current exchange rate at [Coinbase]4 - 1210 USD. ''' Context Link Go1dfish undelete link unreddit undelete link Author: lexensi1 1: s**tc.in*o 2: ibb.c*/*Lf*BF 3: srbt*.*nf* 4: c*in*as*.com Unknown links are censored to prevent spreading illicit content.
Bragg's Bits startup USA based Bitcoin mine. 2PH+startup speed or faster depends on funding.0.06kWh power rate. Experienced, Dedicated, and Motivated. All revenue returned for 12 months to facility growth. Investor payouts start at 13th mth https://bitcoinstarter.com/projects/bitcoin-sta /r/Bitcoin
05-26 18:01 - 'I just sent around 11 Bitcoins to this exchange. The exchange rate is great, but how long until they do the payout? / tx= [link] / UPDATE1: I received the money after 4 minutes. Thanks!' by /u/ExecJoy removed from /r/Bitcoin within 51-56min
''' I just sent around 11 Bitcoins to this exchange. The exchange rate is great, but how long until they do the payout? tx= [link]1 UPDATE1: I received the money after 4 minutes. Thanks! ''' Context Link Go1dfish undelete link unreddit undelete link Author: ExecJoy 1: *l*c***ain.i*fo/tx*75*4*11*e*f1d31*4*ed*2b4424f9*f4f*471b550b34df0c6*c0f*30306*7*0* Unknown links are censored to prevent spreading illicit content.
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PayPal vs Square: Which Fintech Stock Is A Better Buy?
The COVID-19 pandemic is accelerating digitalization and has led to a spike in online transactions and e-commerce sales. According to PayPal, the penetration of e-commerce as a percentage of retail sales in the first half of 2020 outpaced prior external forecast by 3 to 5 years. Both consumers and merchants are increasingly adopting digital payments as contactless transactions have become increasingly important amid the current crisis. The rapid penetration of digital payments led to double-digital revenue growth in the second quarter for PayPal and Square. Using the TipRanks Stock Comparison tool, we will place these two fintech payment firms alongside each other to assess which stock offers a more compelling investment opportunity. PayPal Holdings (PYPL) PayPal, which was spun off from eBay in 2015, has emerged as the digital payment leader. In the second quarter, PayPal added 21.3 million net new active accounts, reflecting a 137% Y/Y rise and marking the strongest growth in the company’s history thanks to a surge in e-commerce and digital payments. As of the end of 2Q, PayPal had 346 million active accounts with over 26 million merchant accounts. The company’s 2Q revenue surged 22.2% Y/Y to $5.26 billion. And adjusted EPS rose 49% to $1.07 as the adjusted operating margin expanded 504 basis points to 28.2%. Total Payment Volume or TPV, which indicates payments processed through the PayPal platform, grew about 29% to $222 billion. Venmo, Paypal’s mobile payments platform, witnessed a 52% growth in its TPV to $37 billion. Following the strong 2Q momentum, PayPal reinstated its 2020 guidance and in fact, raised it. The company expects revenue growth of 20% and adjusted EPS growth of about 25%. It anticipates adding 70 million net new active accounts this year. To boost its top-line further and promote touchless payments, PayPal launched QR Code technology in 28 markets globally in May. CVS Pharmacy will be the first retail chain to offer its customers the option to use PayPal and Venmo QR codes at checkout in its US stores. The company will also launch Venmo credit card this year. PayPal has also expanded its Visa Direct partnership globally to accelerate real-time access to funds for small businesses, consumers and partners across its platform. This collaboration enables PayPal to extend global white label Visa Direct payout services through PayPal and its Braintree, Hyperwallet and iZettle platforms. On Sept. 22, Mizuho Securities analyst Dan Dolev reiterated a Buy rating for PayPal with a price target of $285 as the Mizuho E-Commerce Tracker showed that unique views across key PayPal partner sites (like Etsy, Groupon and Wayfair) remained strong in July and August and also pointed to potential signs of life in the beleaguered travel category. The Tracker also indicated that PayPal’s unique views continued to grow ahead of partner websites in the last two months, reflecting persistent share gains for the checkout button. Overall, the analyst expects strong July and August e-commerce trends coupled with share gains to bode well for the company’s second-half TPV. (See PYPL stock analysis on TipRanks) PayPal stock has rallied about 74% year-to-date and could rise further by 17% in the coming months as indicated by the average analyst price target of $219.77. The stock scores a Strong Buy consensus based on 28 Buys, 5 Holds and no Sell ratings. Square (SQ) Payment facilitator Square is growing rapidly as consumers and businesses are migrating online at a faster pace amid the pandemic. From February through August 2020, there was a 13.2 percentage point increase in the share of Square sellers accepting online payments and by August, over 40% of all Square sellers were accepting online payments. Also, by August, more than 7 in 10 Square sellers were accepting contactless payments. The company’s Cash App ecosystem delivered $1.2 billion in revenue in the second quarter, reflecting a whopping 361% Y/Y growth. The Cash App had over 30 million monthly transacting active customers in June. Aside from the accelerated digital migration, Cash App also gained from the impact of Fed stimulus, unemployment checks and tax refunds. Second-quarter revenue grew about 64% Y/Y to $1.92 billion. But excluding bitcoin revenue, net revenue of $1.05 billion was flat Y/Y. Meanwhile, 2Q adjusted EPS declined 14.3% to $0.18. The strong growth in Cash App revenue was offset by the 17% decline in the company’s core higher-margin Seller business to $723 million. Square’s gross payment volume or GPV fell 15% Y/Y to $22.8 billion. The Seller segment was impacted by lower volumes as several businesses were forced to close amid the shelter-in-place orders triggered by the pandemic. However, the company stated that the Sellers business improved with each month in the quarter as restrictions eased and more sellers adapted to the contactless platform. Meanwhile, GPV from online channels grew over 50% and accounted for 25% of the Seller GPV reflecting the rapid adaption of online solutions by the sellers. (See SQ stock analysis on TipRanks) Recently, the company announced two new features called On-Demand Pay for employees and Instant Payments for employers. These new features will further integrate Square’s Seller and Cash App ecosystems to offer financial services and simplify payroll. Loop Capital analyst Kenneth Hill has just initiated coverage of Square with a Buy rating and a price target of $169. The analyst sees a great deal of upside ahead in the fintech company, driven by further investment in the business and monetization of the Cash App. Hill also believes that on the Seller side, the SMB network should "hold in well and continue a sustained recovery." The Street has a cautious Moderate Buy consensus for Square with 14 Buys, 12 Holds and 2 Sells. Square stock has risen a stellar 149% year-to-date, so the average analyst price target of $151.77 indicates a possible downside of 2.5% ahead. Bottom line Both PayPal and Square have strong growth prospects in the digital payments world. If we look at the Street’s consensus and further upside potential, PayPal stock appears to be a better choice than Square currently. To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. https://finance.yahoo.com/news/paypal-vs-square-fintech-stock-102007024.html
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