You need to comply with the paperwork if you want any house of any size, same for all motorized vehicles. As far as I know there's no way to get around this so you would be forced to get those Bitcoins taxed if you use them for any serious purchase.
yeah i know, house especially are the only down side, but if you can get rid of that problem by paying your taxes, every other small purchase will be tax free, they will never bother with someone that is not spending a fortune per year |
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i think people should simply accept that this is a different rally, not a crazy pump like the last one, we can rise but we will do it slowly, with 2 steps forward and one backward
And how is this different from the events leading up to any of the other price bubbles? i was merely comparing it to the 1200, that rally was pretty furious and fast, we went to 1200 in few days, so this cannot be considered akin to that |
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What is the reason for this ?
Why do I require a reason? This isn't harper land I shall ask as I please  . Hold down your horses and relax. My question is simple, why do you think we are heading to that region ? Why not going up for example ? Have something good to say, let it out, not, save it to yourself !! maybe because we can't break 300, and like the last time the price tanked afterward, but the last time, we didn't secured the 250 first, like this time, and we went straight to 300 this time is different, there is no more sub 250 or 275 for that matter |
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What do you mean that I have to invest my time, and how do I join one?
you need about 3 hours a day for posting, maybe more if you are still not confident with this place and you don't know much, you can't simply post garbage, you need first to have a basic+ knowledge about bitcoin in general then you need to join a campign that pay well, like bit-x for example, but you need to wait a bit, because i think they do not accept new members for now |
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yes with signature campaign, but it's not completely free you need to invest time, but you can earn much more than 0.1 if you choose the righ campaign and you know your stuff about posting
the point is can you make more with a regular job if you invest the same time? you should look at real job before, but this thread makes me think that you're lazy enough and hungry of quick profit
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Definitely going to be interesting times next year, that's the great thing with Bitcoin no one knows what will happen.
90% it will rise especially because demand is a little stronger than supply for now, and even among altcoin the halving is a pre-announcement of an increase, let alone bitcoin |
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i think people should simply accept that this is a different rally, not a crazy pump like the last one, we can rise but we will do it slowly, with 2 steps forward and one backward
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ok, let me explain what i did: first i went here: https://coinb.in/#newAddressthen i saved this website to my usb pen i connected the pen to one offline pc i have here in my house (it will never go online again) opened the website in that offline pc generated 3 different wallets generated 1 multi sig wallet in that website too (in the offline pc too) https://coinb.in/#newMultiSigdone. Now i have my multisig address to send the funds. And when i want to spend them, i just go to that offline pc and i verify, sign and broadcast the transaction. (when i will do this i must go online but by this time it doesn't matter because i am spending the whole funds.) if your funds are always offline what is the point of this, there isn't better secure method than having fund in a cold storage. it does not matter if you add 1 2 3 private keys to be able to redeem the coins it seems only a good way to make more complicated an easy step for securing your coins in the same way i intend to print the 3 keys and secure them in different spots. advantages: -if my house is robbed, the thief only gets 1 privy key (he need 2 to spend the funds) -if a hacker/bot eventually finds my priv key - this is not impossible, it is just very unlikely; but not impossible. There are bots 24h/7 trying to find priv keys, eventually they will find one with funds! if this one is mine, that hacker still needs another priv key!!!) ok for the first, but if you are in the house and he forces you to reveal the position of the other keys, it will be a bit pointless... for the second how a bot can even find your private key if it is always stored offline? a priv key is a finite combination of numbers and letters. let's say your priv key is "aaaa" and you always kept it offline. It still is "aaaa", no matter if it was offline or not, and if i guess this combination i get your funds! I know there are 'quadrilions' of combinations of priv keys and it is very unlikely to guess one with funds, but it isn't impossible! eventually this can happen to anyone in the world. There are thousands of bots working 24h/7 trying to guess one priv key with funds. Eventually they won't get nothing ever! But who knows? It is just an alphanumeric combination... you're talking about collision basically, it will never happen no need to worry about that, the whole universe will explode before such thing will ever see the light it's so near to being impossible that you can't even imagine, and anyway it can be avoided easy by splitting all your fund between multiple addresses, there is no need of multisig, which i think is more suited when you deals with escrow and another user... |
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I know this but the confirmation time is not a problem?
not for a low amount like that unless that bike has cost you a lot, but in that case i'm sure you can wait for 1 confirmation if this shop has a website he can at least experiment more online with bitcoin, which i think it would work better |
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Elwar, so how would you go about trying to find a guy that will buy BTC from you in real life in exchange for cash to bypass all the credentials bullshit, while also bypassing localbitcoins? Ideally you should bypass localbitcoins as well (a lot of times they ask for credentials), but I guess its hard to find people this way.
If you lived in any of the major US or EUR cities, how would you go about this?
he does not need that, if i understood correctly he pay almost everything with bitcoin recieved directly from his job(he use a service to recieve bitcoin directly form his job if i remember correctly) so there is no need to dump ever every problem is solved, he then proceeds to pay taxes regularly based on the income in bitcoin, but i don't know exactly how it work in the case bitcoin skyrocket before the end of the fiscal/financial year... |
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ok, let me explain what i did: first i went here: https://coinb.in/#newAddressthen i saved this website to my usb pen i connected the pen to one offline pc i have here in my house (it will never go online again) opened the website in that offline pc generated 3 different wallets generated 1 multi sig wallet in that website too (in the offline pc too) https://coinb.in/#newMultiSigdone. Now i have my multisig address to send the funds. And when i want to spend them, i just go to that offline pc and i verify, sign and broadcast the transaction. (when i will do this i must go online but by this time it doesn't matter because i am spending the whole funds.) if your funds are always offline what is the point of this, there isn't better secure method than having fund in a cold storage. it does not matter if you add 1 2 3 private keys to be able to redeem the coins it seems only a good way to make more complicated an easy step for securing your coins in the same way i intend to print the 3 keys and secure them in different spots. advantages: -if my house is robbed, the thief only gets 1 privy key (he need 2 to spend the funds) -if a hacker/bot eventually finds my priv key - this is not impossible, it is just very unlikely; but not impossible. There are bots 24h/7 trying to find priv keys, eventually they will find one with funds! if this one is mine, that hacker still needs another priv key!!!) ok for the first, but if you are in the house and he forces you to reveal the position of the other keys, it will be a bit pointless... for the second how a bot can even find your private key if it is always stored offline? |
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So, I have to ask... does anyone know the ballpark figure of how many regular Bitcoin users there are now? It's not even close to how many wallets there are, so what number are we looking at?
the last estimate was talking about 3M or 3.5M users base for bitcoin, i don't know how reliable it is but it should not be so far away from reality if you consider 4B with an users base of 4M , with an users base of 4B we can have 4T in market cap, if we follow a simple linearity |
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you can have your private server running the exchange on liberland, so no one will mess with you, no government can do anything about it
you should be pretty safe then even with fiat money
But how solid seems Liberland? I don't know, that thing still seems a bit dodgy to me. If anything, I would open my exchange in Swizertland which is a classic for people trying to bypass capital controls. I don't think no one cares about crypto to crypto transactions (well in fact its getting regulated even at this level) but outside US it should be ok. Focus on the fiat transactions research. they are pretty open minded, i think you can have a small garage there and build your own little server for a small exchange you can have your private server running the exchange on liberland, so no one will mess with you, no government can do anything about it
you should be pretty safe then even with fiat money
Not bad idea but liberland doesn't have an army.. Merica will decimate anyone without an army.. they are tyrnats and pigs.. not the people the "leaders". you think that someone can declare a random war because a guy is running a tiny exchange on a neutral territory?  |
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ok, let me explain what i did: first i went here: https://coinb.in/#newAddressthen i saved this website to my usb pen i connected the pen to one offline pc i have here in my house (it will never go online again) opened the website in that offline pc generated 3 different wallets generated 1 multi sig wallet in that website too (in the offline pc too) https://coinb.in/#newMultiSigdone. Now i have my multisig address to send the funds. And when i want to spend them, i just go to that offline pc and i verify, sign and broadcast the transaction. (when i will do this i must go online but by this time it doesn't matter because i am spending the whole funds.) if your funds are always offline what is the point of this, there isn't better secure method than having fund in a cold storage. it does not matter if you add 1 2 3 private keys to be able to redeem the coins it seems only a good way to make more complicated an easy step for securing your coins in the same way |
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buy Litecoin at price 3$ and sell it at price 10$
that very simple
What is the more benefit? Trading litecoin or dogecoin?honestly, I'm very newbie here and I don't know what is lite and doge coin..  After my btc is enough, I'll try trading.. Any advice what to trade? BTC/USD isn't bad. Altcoins is a gamble man. LTC and DOGE are some of the most consistent coins though in terms of following, exposure and liquidity. add to this monero which at least provide something useful, doge and ltc are coins that live on their name only, trash that will die at the end, when bitcoin will be popular enough and i would not recommend to a newbie to trade, or gambling, earn more bitcoin simply by offering your time |
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you can have your private server running the exchange on liberland, so no one will mess with you, no government can do anything about it
you should be pretty safe there even with fiat money
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Three days to go, I would assume this prediction is wrong? I really don't see bitcoin rallying above $450. We will not see $500 before September or maybe October.
the OP let his ego guided by the excitement, like many else, but it's clear enough that we aren't even to beat the 300 wall, a better prediction would have been "$300 by the end of the month" |
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i can only see a stable price that is approaching 300 with the intention to surpass that floor and be overall solid above it
small swings like those that are happening are normal things for bitcoin, until their entity is only by few dollars there is nothing to worry about
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Can anyone give me a list of exchanges which do not have AML/KYC.
I am using cryptsy but it also have limit without KYC.
it's impossible because by the time you add a bank account, you are known, yes it isn't the same as providing national id, but your privacy is screwed anyway you should deal with private or use a decentralized exchange, that i'm sure will coem in the future, for now there is local bitcoin... |
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Bitcoin is not a great store of value (5) and it's a terrible unit of account (2). I would give Bitcoin a score of 8.0. I expect it to improve in the future.
can you explain what makes you say bitcoin is not a great store of value? is the current volatility the problem, or is it something else? it's volatility, but it does not make sense to take into account that value for now, because bitcoin hasn't reached mainstream, by any means, in theory bitcoin store of value property should be very good in the future if the coin will survive |
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