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1141  Bitcoin / Bitcoin Discussion / Re: Do we need to pay income tax if we earn through Bitcoin or Altcoins?? on: October 10, 2017, 06:26:37 AM
Do we still need to pay income tax if we earn through trading/investing in Bitcoin or Altcoins?? Huh


I don't know. because in my country there is no tax that must be paid in transactions bitcoin or allcoin.
every country has rules and laws regarding other bitcoins and cryptoes. to my knowledge, depending on the location and country where you live.
Yes you are right and it is actually the country in which you are living that will define whether you will be paying tax or not. Bitcoins or altcoins, if you are making some profit out of it, there will be a tax on you. But still story comes in government’s hands whether they have planned to impose taxes on it or they just relax you of it.
1142  Economy / Marketplace / Re: enough bitcoins to start small project ? on: October 09, 2017, 10:03:22 AM
I think it depends in what kind of project you are planning to start. And how big is the project you are thinking to open. You will need a big amount of money to start a complex project, however I think the minimum amount for a small project will be a hundred dollar or so.
It depend about the idea of your project that what the idea of your project and how big is your project because if you want to start big project than you must need a large number of bitcoins to invest while if the idea of your project is small and then I think you don’t need large number of bitcoin because rate of bitcoin is already very high.
1143  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: October 09, 2017, 09:29:26 AM
If there are people out there fear trading, then they need to get out. That will always end in rash and irresponsible trades that much the market.

Rumors are the fuel that run the fear markets and that creates too much volatility and gives too much power to straight market manipulation.
Trading market of digital currencies is full of rumors and those who have very bad command over their emotions and get panicked easily are the ones who suffer from heavy losses in the crypto market while trading.

We really need to overcome the fear of going in loss when trading with potential coins like waves and bitcoin. These coins always make back to their original values after dumps.
1144  Economy / Economics / Re: What will happen if we use a one currency only? on: October 09, 2017, 06:38:25 AM
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion. Cheesy

    In my opinion, I do not think it will help if all nation used one currency. For me, There is a reason why every country have their own currency, is it because of there economy. I think if we have one currency there is no balance will happen in our market or in an economy of every country. So it is impossible to implement one currency in our nation.
That will be a great idea to use one currency across the globe and that must be some digital currency paper money have some limitations. And many regions will not accept foreign paper money as global so bitcoin is the smartest option to make It as global currency so that trading must be done with it across the globe and the people have no objection in accepting it.
I am also highly in favor of using one currency because we are already living in global village then why not we should make our currency one. It would make things damn easier in order to let us deal with each other very effectively. I am pretty optimistic regarding this idea because the pace at which people are increasing as bitcoin users, bitcoin will soon become the only currency of the world.
Indeed using single currency is going to solve many problems. This action is going to make people live in global village in real means.

There is so much movements and migrations among countries that we really need one currency in order to avoid the problem of converting currencies into one and then other and so on. Bitcoin is the only currency which can do this job perfectly because they are decentralized in nature.
1145  Bitcoin / Bitcoin Discussion / Re: Don't you think the BTC forks are making the Bitcoin ecosystem more chaotic? on: October 09, 2017, 05:51:53 AM
Yes, these guys give us a pain. Every other community member is pissed off and wants to spin his own coin. They should atleast not have bitcoin in their name
No fork will affect the bitcoin so don’t worry about the prices it will go down a bit will come back soon those who are saying that it is dead bitcoin will not die until there is no internet or any human on earth, and advise to the new investor is stay calm and hold the coin in these days everything will be alright and future will be good.
1146  Bitcoin / Bitcoin Discussion / Re: Do you think bitcoin has role to play in the future? on: October 09, 2017, 04:38:56 AM
Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees.
Bitcoin has no border from one country to another that is why it is accepted all over the world.
Based on all these aspects, do you think bitcoin has a role to play in the future?

Share with us what you think? thanks Smiley
 
Bitcoin might not currently be the best form of currency in the market, but it's advantages and the fact that it's not regulated makes it an important asset for the future.Increasing value rate also makes it a very reasonable investment. It will easily dominate the market in the near future.
Bitcoin is the best form of currency in the market. If people are not aware of it or just so arrogant and ignorant about bitcoin, this won't decrease the value of bitcoin. It will keep on increasing in its reputation and value. As far as the concept of digital currencies is concerned, this is going to be adopted by all countries sooner or later and people will be using just crypto coins then.
1147  Economy / Gambling discussion / Re: Why I suddenly decided to leave gambling alone. on: October 08, 2017, 07:55:24 AM
I've had good moments and bad moments in my life, but the worst moments is when I spent the entire day gambling and focusing only to winning money for this or that.
I'm tired, seriously, to win big and then fall in more deep "debt" because of greediness. I can't afford to have such experiences anymore, it makes me sad the fact that instead of saving those money I preferred to spend them on a gambling site, I was like oh ok it's just x, so If i can lose it it's ok, oh it's just a faucet, it's ok if I lose it. But when If even with the faucet I reach like 0.06 or more, and then I lose them it's still a touch to the heart, that makes you say if I start back with this amount I can magically make it 0.6, yes probably, cause I did that in the past, as my far record is been from 0.001 to 1.6 btc in 3 hours with roulette, but let's not dig that.

I prefer spending the money on what are my necessities now, than see my wallet drop in amount. Every single f*** time, every time I had the chance to buy btc, or doge whatever, I ended up expecting to win big.
EVEN if I win big, I repeat that, I waste the money afterward, because I think it's a good idea to bet bigger now if my budget supports it, and there it goes down the hole.

Why I decided to leave gambling anyway? I saw how rapidly I was going down in the past few days, and like an hot potato to keep sinking my butt on the wallet. I'm tired of that. I better move my butt and find something that used to keep me busy, like programming, I love programming. But then I got stressed and I started to gamble.

I hope you all understand. All my friends I made in these years on the gambling sites, thank you everyone for your support of my strong decision.
Thanks everyone.
Thats a good decision that youre now leaving gambling. Gambling will not make you rich nor makes you successful. Gambling will not help you with your success because it makes you become addicted to it so its better for you to leave than to stay.
Leaving gambling is really the best decision a gambler can make though those who are addicted with it will have hard time but with solid mind setting someone will succeed in leaving it. I've met a lot of people who made a change of hearts and decided to turn their back in gambling now they are starting a new life.
I have same opinion in this regard. This is the wisest decision that a gambler can make in his whole life; finally quitting the game. Especially for those gamblers who try out this method for earning some amount of money. It is better for them to terminate gambling as soon as possible.
Gambling is not for earning money, never would it be. I am hundred percent agree with your statement that it would be a nicest and wisest decision of a gambler to leave this harmful game in his life. This is so waste of time, values, family, money and much more. So better is to leave it for good and turn your life a happy and prosperous rather a creepy one.

That is the truth, gambling is just an addicting game which involves money to became more attractive to the people, and if they get addicted to it, the they will just realized that they were doing nonsense thing, they just wasted their money into something that is not worth to spend for. But if you are going to leave gambling as soon as possible then you can earn a lot of money on the other things that are safer than gambling.
I think this is the lesson that must be told to everyone out there wishing to get some easy money through gambling.

There are so many experts who have are renown in their filed and games but still they ending up advising every other person not to get into this harmful game. So better is to leave it ASAP or just don’t go near it.
1148  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: October 08, 2017, 06:25:42 AM
i don't think that there's who gamble only for fun and he plays with real money ! everyone gable for profit and he enjoy the winning that's all
There is nothing called fun in gambling everyone gambles just to make some extra money and make profit if it was a game of entertainment this industry wouldn't be this big it is much more than just getting entertainment
Just because you have met profit seeking gamblers that does not mean that every gambler wants to make easy money.

Some play for the sake of replacement only, some try to kill their spare time and for some, it is fun activity during family or friend gatherings. If it is played rarely with these purposes, it can really create beautiful memories. Otherwise, it is just destructive.
1149  Economy / Trading Discussion / Re: Trading sucks, I'll just hold my coins on: October 08, 2017, 04:52:10 AM
Oh well. Sometimes we have to learn it the hard way. When i started trading i enjoyed it to the point where i lost half of what i invested because i base my judgment on what people tell me. From then on i didn't want to do it again. Trading is only for those who are patient and daring. Guess i'm not both.
Trading is not for everyone. Although learning about it, reading news, articles, video tutorials, this forum or anything that can help you getting known to bitcoin trading. Still there are some people who are, by hook or crook, lose every other time and get depressed. For them I want to tell, please get in your interest field, trading is not everything.
1150  Economy / Trading Discussion / Re: When should we buy and sell? on: October 08, 2017, 03:44:18 AM
Just remember the lines that I learned: " Buy when there's blood on the sreets". Do a lot of buying when everyone is afraid like what happen now after the China ban. Btc is quickly recovering after that event. Selling depends on you whether if you are satisfied enough then sell it.
The line you have mentioned is indeed practically very much applicable and those who are now millionaires with bitcoin are the ones who bought bitcoin two, three years back. It is never good to blindly follow the crowd; those who have courage to stand alone are the winners and rulers of the world. Bitcoin is the legend of the crypto, so invest in bitcoin.
1151  Economy / Gambling discussion / Re: How did you started to gamble? What was your beginning like? on: October 05, 2017, 12:27:36 PM
My start in gambling was all a coincidence as you can see my signature i promote yolodice and our weekly payments were sent to our account directly i forgot to withdraw those funds for few weeks when i checked i have 0.1 bitcoin i decided to gamble and made 0.5 bitcoin profit and then i over gambled and lost
This one factor, I hated most. Gambling suits many people and they are lucky enough to put their money and then getting some amazing response out of it but this profit last for only next game.

You are losing everything you just earned in next game. There are million victims of this and thus this game have been spotted as “the parasite”, harmful to your finances.
1152  Economy / Trading Discussion / Re: Bitcoin - time to buy or sell? on: October 05, 2017, 12:02:05 PM
With Bitcoin falling so much this week/month, do you think it's a great opportunity to buy in or time to cash out?

Time to buy my friend!
This is the best time indeed for buying bitcoin since prices are little low and anyone can easily grab bitcoin at present. Since bitcoin are highly expected to touch 5k dollars by the end of November or December, bitcoin are far better to be bought at present to be part of the epic ride that bitcoin are going to give to their holders.
1153  Economy / Trading Discussion / Re: Bitcoin presently at a resistance hold or break $4100 to $4300 on: October 05, 2017, 11:24:19 AM
FUD here is not an option, if you are aware about the forecast of the event next month, then we had to anticipate the price prediction but 3600 is quite too low. Probable price maybe around 3800 to 4000 during correction.So the best move here is HODL and wait until November for price recovery. Targeted price of 5K all-time-high is unlikely to happen this last quarter of 2017.
Better anticipation you have made. Yes bitcoins prices are going up but not like that rocket speed. There would be a strong up and price chart may move towards sky but not more than $5000.

Like you said, there would not be any prediction that can cope up in reality. Don’t just assume, think practically and yes hold and hold, it benefits you.
1154  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: October 05, 2017, 10:52:01 AM
only 2 for 100 people, i think bitoin not so popular at real life, but for digital life bitcoin so popular
It depends upon what kind of people is surrounding you. If a person is not much of a technology user and just uses facebook etc for fun purpose, it is difficult to think that they are aware of bitcoin because it is a new invention which is spreading slowly.

However, this number that you have mentioned will increase if you tell people about bitcoins because you already know this.
1155  Economy / Economics / Re: When will more retailers accept Bitcoin on: October 04, 2017, 10:02:23 AM
I can see that there are only a handful of bitcoins investors in our country yet.  So the chances of being used as payments in a retail store would be much longer than expected.  Besides, there will still be equipment to be installed before being accepted in the stores... So, I guess, it would take time....
You are very much right. I think there is hardly any reason to deny this fact that this is a time taking process and it will certainly take a lot of time.

I think the international market will be playing a vital role in this aspect. The moment international traders will start trading in Bitcoins, things will be very much different then.
1156  Economy / Trading Discussion / Re: Better investement right now, bitcoins or Altcoins. on: October 04, 2017, 07:45:04 AM
If I planned on buying some coins today. Which would be the better long term investment, and why?

For me choose Bitcoin for the long term investment because it is already established and stable it would be a good buy. But there are Alternative coins that are good as well you need to evaluate and choose which is the right one for a long term invesment.
I would prefer bitcoins because profit rate is higher in bitcoins than any other cryptocurrency so my advice is to put your money into bitcoin rather than any other currency because it give huge profit than any other and join the caravan of profiteers of bitcoins.
Only a fool can prefer other coins over bitcoin. Bitcoin are the most loved crypt coin and people feel blessed when they are dealing with the most expensive digital currencies of the world.

Bitcoin are evergreen and I don’t think so even a single person get disappointed with bitcoin. Bitcoin are the leaders of the crypto world and keep investing in them for nice future.
1157  Economy / Trading Discussion / Re: How do you Panic? on: October 04, 2017, 07:07:36 AM
Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

I do not panic. I used to panic and sold my tokens with emotions running really high. Right now, I don't care anymore. I am emotionless when it comes to trading. If my tokens will go as down as 1 satoshi each I will not react even. For as long as the project is functioning, it will go high for sure. 
That's nice i think you already know how to manage efficiently your trades are. Panic in trading is not good to adopt it is normal in the first time but don't embrace because it is the enemy of your patience.
Panics or emotions are fucking things that gambling and trading should not related to. Trading and Gambling only needs patience to make the effciently profit. But you need much more skills and lucks too. You can't do anything with only keep your emotions and panics only.
It was a horrible nightmare for the crypto investors especially that of bitcoin but we should be glad that bitcoin have successfully passed this test and proved world that no one can control them.

Bitcoin are free and they are to be sued by everyone according to their will. This is what people really like about bitcoin that they are decentralized.
1158  Economy / Trading Discussion / Re: What is the best coin to buy today? on: October 04, 2017, 06:23:43 AM
CPay.
That's CryptoPay's upcoming ICO.

Got access to a 50% discount on their coin for those who are interested. Min. 50 ETH investment.
I will suggest you to stop promoting this coin because we all know that there is only one coin that has potential of ruling and leading the crypto market and it is bitcoin.

No coin can surpass bitcoin at present by any means since bitcoin are having the greatest support among all kind of digital currencies. I will suggest you promoting and investing into bitcoin for bright future.
1159  Economy / Gambling discussion / Re: Do you set up limits for yourself? on: October 03, 2017, 01:26:54 PM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM

I just set a certain amount of profit or loss and after that I would stop gambling for the time being. By doing that, I would be able to stop myself to have more losses and if it is a win then I would use that limit to stop my greediness because sometimes, when I am that greedy, instead of winning, I would end up on a loss so by having a limit, I can retain my funds. Before, I don't have limit that's why I tend to always loss because of greediness and chasing my losses.
It is a very smart way of staying safe and enjoys some winnings also. Gambling sometimes can really give us life lesson, especially when it comes to control our emotions and temptations. We must have limits in all our actions. Excess of any activity can be dangerous for our health.
I think gambling can teach self control faster than yoga and such sorts. When a person sees his life on the edge of destruction, he will do anything to get out of it. This is how people grow by playing gambling.

I am not saying that all the gamblers are this cunning but wise people learn lesson out of every nonsense activity. Fear is the true teacher.
1160  Economy / Gambling discussion / Re: Poker v Other casino games online on: October 03, 2017, 12:56:19 PM
i don't really even know how to play poker,  Grin I don't have an idea on playing it, so I choose playing dice because it is easy to play. But I just play and bet with small amounts.  Grin
That is sad if you have never experienced poker. You must try it at least once and believe me you will, once you are done with dice. This game derived me crazy also in the beginning but eventually; I lost my interest in it.

Once you will shift to poker, you will understand the true meaning of fun. This is a royal game. I like that you play with small amounts because in a random game, taking big risks can be devastating.
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