What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
You mean that bitcoin can be controlled by the government paying taxes for bitcoin users, I think that is unlikely to happen because bitcoin is decentralized. Bitcoin is free from tax only need a fee to send bitcoin. And taxes only apply when you are trading on an exchange for every transaction there. |
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Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
It's very easy for people to believe in a news media without seeing the facts. They even get paid for it by making a news that can make people worry. In crypto world I think this often happens to make false news with the intention to drop. |
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Good day, just want to share my experience,
I am using 2fa as my security in my emails and exchange accounts, so one day I nearly lost my phone and that phone holds majority of my pins, 2fa, etc. so I thought I lost all, luckily I found the phone. So now I'm thinking of buying an extra phone for backup. What else do you recommend for backup?
No need to buy a new phone just save a 2FA code or keep the barcode when you create it in a safe place. If your mobile phone at any time lost you can use it again by entering the code or scan barcode that you save it. |
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Altcoin conditions also follow bitcoin if bitcoin moves fast then other altcoin will also follow it. Conversely, if bitcoin moves slow as well as altcoins. That can be proven by looking at the current cryptocurrency right now that bitcoin moving down and altcoins are mostly red.
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Bitconnect different with others coin like bitcoin or ethereum. Bitcoin is store of value and as far i know bitconnect is big scam using ponzi scheme. I am still holding my crypto on my wallet and I am believe on this market.
Yeah, anyway bitconnect is already proven to do a scam I do not think they're still running. The nature of people is different selling or not is their choice but for me when reach $1000 I will sell it. But right now I still survive by holding some assets that I have. |
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Going back to the $1000 like 1 or 2 years ago is probably what will make me sell everything I have because at that moment also the opportunity to bitcoin back up will be difficult.
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You tell me?
A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.
What’s going on?
Panic selling i guess all cryptocurrency red because of it. Judging from the declining bitcoin price that nearly touches $5k makes people panic to secure their assets by selling it all when it is still red. |
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I do not think that the low price of bitcoin is good. In fact I do not see people interested in buying some bitcoins at the current low prices. It only makes people feel anxious about the current value because in the last few months there has been no good movement of bitcoin.
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It's a good thing if they accept bitcoin as an additional payment method like credit card or paypal usage. Besides amazon, other famous e-commerce companies no one is receiving bitcoin i do not know they can not accept it yet. I could say that bitcoin is a very effective and efficient that used as payment.
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In my opinion, bitcoin has a value because of useful of this in many online services that accepting bitcoin as a payment . Such as Trading , buying goods ,investment and many more in online. The more the uses of a thing the more the users come .
I do not think so, until now, no one can determine whether bitcoin is useful and becoming a payment method in the future or not, and bitcoin users still do not like to use bitcoin for payment, that tells us that the value of bitcoin is not based on this. In fact, the value of bitcoin is based on trust, rumors and pumping from many traders, that makes us think bitcoin is worth but all that is temporary, someday, we will realize that bitcoin is of no value, the value is in blockchain technology I think bitcoin is very useful for future payment in addition to having a low fee and have a fast transaction Bitcoin is a new innovation in digital currency that is also very useful for any payment things on the other side as an investment place. |
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Investing on real estate is profitable it's stable from year to year the value keep going up. Opportunities to get a risk when investing in real estate will certainly be less than bitcoin with a lot of risk.
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I dont know if it is just me or others also experience it. I always set goals financially, set limits in spending and trying hard to save but most of the time no matter how i tell myself to refrain from spending in unnecessary things whenever i see something i really like even if i dont need it i cant resist buying it that cause me to regret later. Are you familiar with this situation?
I experienced the same thing many unimportant things I bought from crypto income but it's all just for entertaining myself from what I've been working on. To avoid it i always save my money in the bank and invest it a bit by buying altcoin. |
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I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your target price? Thanks.
I prefer to long term because it is more profitable in order to avoid bad sell. Keep holding though in the short term it's worth going up better wait a long time could have the price jumped from before. |
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
I've experience several times one of the tokens I got from bounty had held it 2 months more when bitcoin price was down far and the token price also went down I panicked and sold it all not far from it a few days later the price recovered. I realize it was a very bad decision i have ever done. |
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Airdrop now is not as it used to be, it was a lot of successful airdrop till now because of good management from the dev. But don't know at this time many of the scams seem to use a lot in making an airdrop although free but it's make our time wasting and dangerous.
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Lately a lot of ICO but I do not think that it's the right investment although ICO who has succeeded in their sales or ICO who has the highest grade even when entering the market will be beyond expectations the price below ICO price it takes a long time to see the price soaring. Better to invest in Bitcoin that has a better future.
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It's bullshit if you hold an asset that is not good enough. It will be good if the held asset has a good future because many altcoins do not give expectations accordingly like as the number of new coins emerge so that others are forgotten.
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With the recent hack, I assume a lot of people will switch to something else, what do you think?
I still recommend using a hardware wallet over the safety benefits though.
I still use MEW, fear of using this wallet there must be because has a lot of phishing from this site. But at least if using wallet of MEW should keep on eye to check twice or more so as not to enter the hacker trap. |
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Usually projects that have finished sales, usually if entering market the price will tend to continue fall for a few weeks or months until they have released the core of the project will definitely go back up. The important thing to keep hold do not sell directly and do not panic because that holds the token not only you still have bounty hunters or from airdrop.
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Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
In addition to get income it is imperative that an investment that is only on one coin will not provide a greater profit. With that diversify of investments in some coins that have great potential to going up more profitable than with just one coin only. But remember we will face a big risk because holding many assets. |
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