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Bitcoin is same as that getting loan from a bank. Here you will contact certain user, trader, websites and request for a loan by submitting required collateral as mentioned by user, trader, website and then can get bitcoin. You need to pay certain % as interest for the amount of bitcoins you get as loan.
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Price of bitcoin really matters to me, not only as an investment but also to convert my bitcoins to local currency on daily basis, as I convert my bitcoins to fiat when the price is higher so that I can have more value of fiat.
I like the strategy you are using i think it's time to sell a bit in the upcoming days when the price i believe will be increased to 400s yeah true. I also believe that, maybe this week or the end of the month, the price has reached $ 400. prices are very have an important role for us all, either in investment or exchange to fiat $400 can be reached. This time it has become a true statement as various users speculated. The price will start increasing from $375 as the price is stable around the value for a long time. |
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At this moment it has crossed few times the price $400. So it won't be the top, even it has got several months to grow. The might be expected around the value of 650$ to 750$
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I haven't had a buying experience with bitcoin. I was very eagerly waiting to buy a music system with bitcoin when it get implemented in our country physically. Now only few online stores accepting it.
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Thats a great business implementation of bitcoin payment in taxis. Also in one of the finest city. If in such a manner every city gets entrepreneurs, soon the entire world adopts the bitcoin.
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Thats a good initiation by Europe to help Greece by various forms. The refugees initially will just try to be under control, when their strength increases automatically they try to take control over country men which recently happened in Germany. So finally Greece is gonna suffer for the good it did.
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At present both competing in various factors to increase the users. In one form bitcoin can be said as better such as the fastest transaction as well reduced transaction charge. When it comes to paypal it is better in its guaranteed payback or return policy.
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It would be really nice, you wouldn't need to check price or speculation each time you wanna buy/sell them
it would maybe be nice for people who are holding bitcoin as store of wealth. they will then not need to worry about the volatility in the price. but for investors it will be not fun and as result they will leave and most likely not come back. the volatility is what makes bitcoin very interesting for traders. it gives them the opportunity to make great profits. People who only save bitcoin or cash, the price at $310 - $340 seems to be really good. They don't expect anything. One who makes his living with bitcoin will suffer if it lasts for two years. Now such scenario won't happen. |
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If I remember well, Kraken has euro as his main currency. I don't if it "supports Romania". What did you mean ? If is in Romanian ?
You can see very few traders in the local bitcoins list who support Romania transaction. Found them making trade in terms of euro, not Romanian currency. |
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gold price has made a nice jump, but how much potential increase is there to gain? i think a max of 20-30% in the comming year(s). it's decent, but i expect bitcoin to give me a better return.
It is very difficult to predict the future prices of gold. But I am making a very long-term prediction. In my opinion, by 2035, the gold price will increase to $15,000 per oz (from $1,240 per oz as of now). The reason is that, by that time all the recoverable deposits of gold will be exhausted. The demand will increase by many times, but the supply will be near zero. Such a price hike won't occur since you can note, the demand for gold as investment has reduced a lot due to investment on properties as well alternate currencies. So once when these alts bump sure the gold demand once again gets reduced. |
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Yes good thougts .Debt,is not permiited by Quran.Also in islamic if you invest you pay percent from your gains there is not upfront payments
it is all of them.
Well said but no Islamic banks are following the regulations indicated in quran. Initially in the thread its been described as IsIs and muslim terrorists in which the respective person needs to remove muslim at the earliest. |
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Use of many bitcoin wallets is just to have the hardly earned bitcoins very secure. Use of many bitcoin wallets help place large volume of bitcoin saved by splitting into smaller units. So that if something goes wrong whole effort won't get into tragedy.
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Incidentally, OPEC may be about to blink on the supply side.
I don't think that this will materialize. Right now, Russia and Saudi Arabia are the major stumbling blocks in agreeing to a cut in crude oil production. However, in the recent days, Russia has been giving out signals in favor of a production cut. But Saudi Arabia is still adamant about maintaining its market share, and don't want to cut the production. It'll be interesting to see what happens. Saudi Arabia is hurting, and I think they'll blink eventually. They've instituted taxes for the first time and cut the subsidies in gas, electricity, and many other government programs to try and preserve cash, but they're still burning it an unsustainable rate. Either the price of oil has to rise on its own, or they'll have to help it. Saudi Arabia is adamant, just because the countries economy has much down. It is completely dependent on oil. Now due to the surplus in the market, its production needs to be cut down but this cutting of production increases the economical impact more. |
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I heard about lot of games available for android. I haven't tried any. Just searching the market place of windows platform to find one, but nothing is there. I think some one can develop one which will give them a earning as many bitcoin users will try it.
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The particular miner is good. Even in his job he provides warmer comfort to the kitty. This shows miners benefit human as well as pets surrounding us.
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Hello,
I have started earning bitcoin by doing technical jobs and website design I have saved up quite a bit of balance over the previous 8 months I have not actually sold any into my bank account as I was worried about the tax implications.
If I buy for example GOLD bullion with my bitcoin, does that mean it is tax free?
BUT if I sell my bitcoin for fiat such as GBP or USD I have to pay tax as it's considered income?
Am I correct in saying this, if so would I be better buying gold than cashing out?
I only want to get rid of my bitcoin as the price seems to be dropping
It completely depend on the country you reside. Most of the countries levies tax in various forms for gold as well silver purchase through cash. By bitcoin you may get exemption as you are planning for gold/silver bullion. Now price is getting increased. |
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Practically it won't take place. If someone buys and holds a huge volume of the bitcoin, it won't affect much in the price of bitcoin. He surely has the ability to move the price of bitcoin by accumulating huge bitcoins, which generates demand with less volume in circulation.
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Bitcoin can be considered to be better investment. Other than bitcoin going for gold and properties seems
to be good investment compared to long term investment plans run by banks and private authorities.
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Bitcoin needs various competitors, Then only it would grow high than other cryptcurrencies
in the market which has been developed based on the bitcoin technology
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Any long term investment agreement or gold investments can be considered as collateral. If it does't seems to be good, can go for automobile registration paper.
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