Thanks to everyone for the tips and information.  In my country the churches do not pay taxes. And it is much cheaper to start a church for less than 1 BTC you can register the documents of the church and do not need a minimal amount of followers. Many churches are used for tax evasion purposes of taxes and money laundering. Churches are also used by political groups as electoral corrals and to persecute minorities.  i dont understand this thing.. why dont churches or any other prayer halls pay any taxes? can anybody explain this to me please ? Why you just indicating churches alone, mosques were also have the same tax free regulation. Whats the need to start a new religion?, To start a religion initially followers had to be set and with that followers you can spread by creating rumors as well giving ads. |
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I heard some many shit from people that they can buy some crazy stuff on the internet with Bitcoin.
Most people said that you can buy bullets and guns or something. So that is really crazy.
I don't think so, there is no any online shops who sells bullets and guns and accept bitcoins, I didn't heard anything about that. I think buying such shit things like guns and bullets is not good for us and our society. That is really crazy quote. It might be a shop that sells classic guns which are not in working condition. Some used to make them as collections. Other than such business i don't believe original guns were sold for bitcoins because in gun purchase identity is a must which can be changed if transaction is done through bitcoins. |
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I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering
because use bitcoin is anonymous then bitcoin is easy to being used for illegal activities i said that because some time ago there are kidnappers in my country asked bitcoin as a ransom It happens because no one can prove about the transaction. Really people are thinking well to make them out of critical situations with bitcoin. Stopping such usage of bitcoin is highly impossible. If there is advantage there will be disadvantage. |
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When it comes to crypt currencies, other than bitcoin everything seems to be good or profitable for short term
investments as well trades. These coins sometimes gets vanished. Its better to earn in a short term
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This doesn't look to be a big issue. Even when the price was $200 also the miners got benefited as well users got benefited. Now the price is found to be good and profitable just with its normal or natural increase. So next time people won't have much expectation on halving.
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well I have to agree with your opinion about socialism, especially the part of greed and corruption which will end socialism. Living in a socialist country, I have to say corruption is at its worst. Everything needs some money to get it done fast and billions are stolen by corrupted officials
It is not the problem of socialism alone. Corruption is bane of any political system. Saying that in socialism corruption it is worse is usually untrue. But seeing how socialists regimes of some countries are riddled with corruption is somewhat interesting. I have been reading about Venezuela recently. Amount of problems caused by socialist government for this country created the biggest crisis in the history of this nation, coincidence? If socialism principles are followed in the right way there won't be any problem. As many quoted the major drawback in the socialistic government is the corruption which is initiated because of greediness which collapses the entire beauty of the system by harming common people. |
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If you are a techie enthusiast who can easily understand what bitcoin is all about means in a short term, then no matter what happens next.
You will surely stick to it without any doubt. Without others words the technology itself will make you believe in the bitcoin.
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I guess we can notice if a nation is failing from its citizens? If the employment rate is low and gdp is low then we can say its failing.
Recently unemployment problem arose, for that we can't say they are failed nation. I does't think America a failed nation, it can be said a selfish nation. They won't think about other countries when they have planned to grab something from other nations. Just they decide themselves and start their action. |
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I feel doing such a try is very difficult. Basically there are a huge number of people who are educated but does't have interest towards technology.
To make such people is not that easy. Initially an interest has to be generated within them. If that happens the rest is not a big deal.
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Recent news is that the oils long term fall is not over. It is expected the price of oil once again goes low by the coming weeks.
This looks to be a very bad situation for the countries whose economy is completely dependent on oil wealth.
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Try to pay and if your dentist accepts payment through bitcoin, it is clear that bitcoin has also got its users in one more field.
Only due to similar initiation as well small scale usage makes bitcoin popular as well make others too to adopt bitcoin.
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Bitcoin is store of value currently, more than payment method. But in future when paying with bitcoin will be easier, bitcoin for sure.
Yes things would change in future when people are more aware about bitcoins they would prefer using bitcoins over Paypal for sure as it is easy and very convenient. Not really easy I think, I have experience introducing how bitcoin much more easy and better than Paypal to one of my friends that usually using Paypal. They says bitcoin so complicated, they prefer use Paypal. I don't know if they say like that because they have feel comfortable using paypal or what. Its just due to the promotions made by the paypal team. Bitcoin transaction seems to be something new for them initially.When they do few transactions, they will feel it to be easy. Initially if some faults like mistake while copying bitcoin address or something relative goes wrong they won't use it later. Its very important to be very careful while doing bitcoin transactions. |
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Yes, of course Bitcoin is trusted, just by taking a look at how much volume of Bitcoins is being traded everyday tells  You are right. In a decentralized environment you will have full control of your money but in elecronic format. So, putting in your real money into bitcoin ecosystem is highly safe. We wouldn't be here if it wasn't safe actually. We already have built a community around it. Proper description is being given by above mate. Just because of trust these many users are into the bitcoin network. What I suggest or learned is for the money you put, today or tomorrow, if not within weeks you will get your profit. |
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Getting freelance work for some project and getting bitcoin looks to be the best method of earning bitcoin than going for faucets, campaigns and gambling.
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I feel borrowing is good when you have a targeted plan in which with the borrowed bitcoin you can make profit as well pay back regularly to the person from you borrowed bitcoin.
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I would buy bitcoins right now on this moment, the bitcoin is still low not as low as before but its still a good price to make profit out of it later, they only thing is do you want to take the risk and buy them.
I think the risk is minimum nowadays because of the halving but you never know it of course.
We can't get for a price less than this over the coming days as it has got the rising phase, also the halving is approaching. Some even suggest this growth in price also due to halving effects. Better is to buy than selling. Even selling gives good profit than past days. |
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It's not very likely that Bitcon will reach 100,000 $. The price will go up, I'm sure of it, but that much? Nope. So, you better collect as much coins as you can.
Well said its not true the price of bitcoin touching $10000. If such incident occurs surely bitcoin will get vanished. To the max it can reach value of $3000, but it won't even get stagnant at $3000. |
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To be a part in the advancement in the technology we need to use bitcoin as it had various features that can't be any of the banks as well as other forms of economical measures.
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It's a yes for me because i always check the price before i withdraw my money.
And i dont want to lose the sudden inflation of bitcoin.
That's true, bitcoin's price is important specially if you have invested your money in it.. and you won't profit on investments if you are not looking at the price.. Price of bitcoin matters or else why all would be wasting our time here, it matters to everyone of us as all wants to make a good money from bitcoins. If it doenst matter than it will have no value indeed. It has a value and people want it. You can earn some money with it and that is good. Only you dont know what is going to happen in the future and that is hard to predict because it is a currency. Yep, it's a currency. So it will be all about the values. Earning from Bitcoins is basically gaining from the ups and lows of its values. Well said of the reality behind bitcoin. Recently I heard many people depending on their bitcoin earning for the part of their living. This itself enough to indicate how important is the price of bitcoin. |
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There's a restaurant in my city that sells pizza and accept Bitcoin. You can buy marijuana next door too and pay with Bitcoin.
I really need to move to the US for a variety of reasons  Don't let that fool you. US is the last place you'd wanna be if you're gonna be in bitcoin for the long run. They've got lots of regulations there. I feel Asian countries are the one which doesn't have much of regulations on bitcoin usage. Few north American countries are also doesn't have much restrictions on using bitcoin in their business. |
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