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###Proof of Joined###
Bitcointalk username: CryptoBry
Campaign to Apply: Facebook, Twitter
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This is interesting especially for people like me who is technically-challenged when it comes to trading. However, I am wondering if you guys also suffer some loses since what I am seeing here are the many gains achieved so far. Or does it mean that all signals the platform is spewing are guaranteed to really make some profits? Please expound more...am ready to listen.
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One of the most famous features of Bitcoin and for the whole cryptocurrency market for that matter is volatility which can go very extreme sometimes. Traders though love this as they can make more money in this kind of movement -- of course risks are also heightened. One of the most known reason of this volatility is that the market is not yet that huge as compared to forex and gold. So in most probability, when the market will be expanding exponentially there is a chance the volatility can ease.
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In my opinion, it would be good and highly appreciated if moderators of the forum can do something with projects that failed to deliver what they promised to bounty hunters according to agreed and published parameters. However, moderators here are quite limited in power and influence and even if they do something about the ANN thread or even announced here that a certain project can not be trusted, still it will never change the fact that project managers can do whatever they wanted to do. The only hold here is if projects will be making a deposit or escrow that bounty hunters can draw from in case something will go bad...but I highly doubt if project managers will agree on that. Maybe moderators can start banning the accounts of those projects that went rogue and failed to do what they themselves set to give to the bounty hunters. Just a suggestion, anyway.
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Binance is known to be pro-active as far as compliance is concerned and it won't wait for authorities to act on anything s they have an open communication with those in power. Certainly, a big enterprise like Binance has learned all the big lessons of the past and it is trying to avoid those mistakes at all cost. Well, nothing can be perfect but then again if we have to determine the odds that Binance can be the next BTC-e is slim (though not zero). This can be the reason why Binance is technically out of the USA market and relegated the same business to a subsidiary based in the said country.
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One of the definition of ownership is control. Now, in the case of Bitcoin although it is digital in nature control is quite possible and we can spend or transfer it whenever we wanted to. I understand that this case resulted from the Mt Gox fiasco and we have to understand that this remains to be one of the most complicated thing to handle. Eventually over time, things will get clearer for the ownership of Bitcoin and other related matters. I hope they can elevate this case to a higher court that can clarify vague areas of the ruling.
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In the past many months, hackers coming from North Korea, Russia and sometimes Iran were making good headlines. And recently, hackers from Israel are making a name in this seemingly very lucrative industry. I am not wondering why we have good hackers from Israel as the country is well-known for the inclination to develop high-technology products and services. Israel is one of the few leading bastions of real innovations in our modern interconnected world.
This is serving as a big warning to all online platforms and infrastructures especially cryptocurrency exchanges to always be on their feet and to make sure they are 10 steps ahead of these talented and resource-rich hackers just waiting to punch when they see some weakness they can exploit. Right now, from time to time, we are seeing enormous value of successful hacking and this will never stop because the prize is really very attractive.
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So the government is so willing to accept and even imposed the necessary tax for gains in Bitcoin and I assumed other forms of cryptocurrency as well and yet it is not recognizing Bitcoin as a legal currency or asset at all? In my view, the government has no right to impose a tax to something that is not legal in law...but then this exposed how greedy the government can be (all governments are in varying degree, I guess). It is just frustrating to see many governments which seem to be having some disconnect. Anyway, we have no choice really when it comes to tax.
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We have to assume that here we are referring to real cryptocurrencies and not including the many shitcoins and scamcoins still floating in the general marketplace. Now, having said that, we have to understand that major cryptocurrencies are meant to be a big disruption in the world of finance hence there are still some governments who find it hard to decide on what to do with this beast and there are those who opted to just ban its use and trade instead of looking at many ways on how to regulate the whole thing. Regulation is the key and this is the way for the government to retain the control in the whole economy -- assuming that cryptocurrencies can be making problems and not as a tool for further economic development. We have to wait some more years and slowly these governments will realize what they missed.
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