I think that Bitcoin has bigger problems than taxation. Lack of positive regulation and integration into financial and economy system are some of them. As far as I know majority of countries don't tax Bitcoin or other cryptocurrencies itself, only the transactions to fiat and that isn't present in all countries, only some. So I don't think that some very big number of Bitcoin users is affected by that and I don't see Bitcoin taxation or better to say taxation of Bitcoin exchange transaction as some huge problem.
|
|
|
Big risk taking also depends on courage, usually because it has gone through a variety of experiences, I imagine how many people go bankrupt just because they risk everything without being influenced by the power factor in dealing with risk.
there are still many opportunities to use large capital, I'm sure every day there are still many people who laugh with the results of trading crypto margins, especially bitcoin. This is not just about patience, but opportunity.
I can agree that the courage to take big risk comes with experience and self confidence that comes with time spent in trading. Also, big risk doesn't necessary mean big profit. If you make mistakes in risk assesment and you overestimate your possibilities that might end very expenssive in form of losses. Trading is not gambling although some users threat it that way.
|
|
|
I don't follow that so called Bitcoin experts and don't stick to what they say. Personally I think people give too much attention to such announcements. Further corrections of price are possible, that is true however I don't expect that price will fall as low as 5000$. To my opinion it will not go below 6000$ if another correction happens. In opposite case we might even reach 8000$ by the end of the year.
|
|
|
Cryptocurrencies are not a smoke to vanish. Also it's not sone kind of trend to get out of fashion. So, I don't think that it's likely at all for cryptocurrencies to vanish, it's new technology achievement that is here to stay. To my opinion it could only be further developed and improved but this is something that already is a part of our societies and in future it will only be more accepted so there is no room to fear that cryptocurrency will be gone.
|
|
|
No matter that gold has always been the good choice for investment and it will always keep the value with rather low risk I would choose Bitcoin. Bitcoin is investment of the future, digital era and no matter the higher risk returns and profit on long term could be better than with gold. Also I like better digital assets so Bitcoin is definetely my choice.
|
|
|
As long as you are not greedy trading is good choice. Greed is something that often leads to losses. It's important to set realistic goals according to your capabilities, both financial and your skills and experience, don't expect too much in too short period of time and have patience. Nevertheless, loss is not possible to avoid, sooner or later you will face it but as long as you respect your limits you will be able to handle it. Don't overestimate you, that is very important.
|
|
|
I don't expect that halving will bring some major price changes, I never counted on that so in fact Idon't have any special plan different to what I'm doing now. I will continue to keep the balance between keeping and spending Bitcoin and as long as I have some steady income in Bitcoin I don't worry too much about the price.
|
|
|
I wouldn't say that Bitcoin should be 6000$ but it might be, that is possibility. I think that some further corrections are possible, however 6000$ could be the lowest level before the end of the year, I don't expect some bigger dump. At first I thought that we might go up to 8000$ by the end of the year but now I'm not so sure anymore.
|
|
|
I don't think there is any connection between price rebound and cost of mining. It's hard to tell exact reason but probably there was a disbalance in demand and supply. Price pulled back again and further corrections are possible also so don't be surprised if in the next days we see price below 7000$.
|
|
|
As you've said, it's only assesment. To my opinion it's hard to know the exact number that one is holding and I don't know any source of that information that would be completely accurate. In fact I think that owners of largest amount of Bitcoin don't actually want that public knows how much Bitcoins do they have, it's not in their best interest. Although people are very curious such information could be easily misused.
|
|
|
Again, such high values are exaggerated predictions. I don't expect that halving will bring such sharp and sudden rise and the price will not be as high as 20000$ or 50000$. We might barely reach 8000$ by the end of this year so.afterwards we would need a really high jump. I know that expectations from next year are really high but not many of them will come through, that is my opinion.
|
|
|
Loan Amount: 0.07 BTC Reason for a Loan: personal Amount to be repaid: 0.085 BTC Repayment Date: two months from today Type of Collateral: None Send to Bitcoin address: 38Uc6VF7PW3X87eoNyBjN5fdoMktXMM7GR
-----BEGIN BITCOIN SIGNED MESSAGE----- I'm bitbunnny, today is 20 Decembre, I'm asking loan from zazarb in amount of 0.07 BTC with repayment of 0.085 in two months time -----BEGIN BITCOIN SIGNATURE----- Version: Bitcoin-qt (1.0) Address: 12gXbX3uTEcxqfbTZrpRzEafZ5DKDHBWaZ
IIMgcsGfBBlzxsRTZOuPeDJ69LX/CDw+HFPia0+ctZPmNk4a9dg+tC7weLOZXHCAVXEoDrpIHl/ril9J+YEDc9U= -----END BITCOIN SIGNATURE-----
|
|
|
If Libra were truly launched, they would rock the crypto world, but the crypto market will surely have a huge cash flow flowing into the coins. but the consequences that it will leave will be very terrible. Does anyone here think facebook plans to do Libra for money laundering? I think this idea is quite reasonable because Facebook has to pay a lot of taxes to the government every year. This will be a move that shows the shady side of Facebook and I disagree with letting Libra be founded easily.
The big question is if Libra were launched, they are under regulatory hurdle and it is highly unlikely they will be able to release it as all of the major nations and their regulatory body is against the concept of a private currency and to over come all those obstacles is not an easy task, either they have to risk the current business model which is successful and i doubt they will go against the power circle to release something they are against. I don't agree that majority of countries and their regulatory bodies are against private currencies. They just want them to be regulated which is kind of natural because you can't let something interfere into your financial and economic system and that you don't define the rules. What will happen with Libra is yet to see but actually I don't expect to see some dramatic effects as many expect.
|
|
|
To my opinion it's not so profitable as is used to be but therr are still opportunities for arbitrage trading. Although it's not always easy to spot and catch such chances and you really should be very dedicated to such type of trading to achieve some results. And you have to count of great deal of risk too.
|
|
|
Well, I'm rather confused when this question is involved. Bitcoin users very often point out that Bitcoin is independent and decentralized and but every time or almost every time when price goes down many of them say that this is product of whales manipulation. So, if Bitcoins is independent and decentralized how come that minority group of people has so big influence on price and can manipulate it according to its wishes?
|
|
|
I started trading accidentaly, so to say. At first I didn't have some strict plan or strategy and started with really small amounts just to get the feeling. At that time I didn't know if I will stay in trading seriously and for longer time or I was just experimenting but with time I.got really interested and I started to learn and research about trading methods and technique. The best lessons I learned from my own experiences and that is the best receipe but at the begininig it's needed to know at least some basics.
|
|
|
I think that with time some kind of selection will be made among altcoins. They appear almost all the time but not all of them have value or could be implemented in real world, have use in project or similar. So many of altcoins will disappear from altcoin scene and in the future I don't think we'll be having such flood of altcoins.
|
|
|
I wouldn't call this a crash. It's a price correction that os usual in volatility cycle. I know that no one doesn't like to see price fall but you need to understand that Bitcoin price can't go only upwards. It's hard to determine the exact cause of price correction, it's something that affected the situation in the market.
|
|
|
I don't have some special habits regarding Bitcoin during the holiday season. I beleive that Bitcoin is not only made to be holded and kept in some wallet but also should be spent in real life for real things. That is why I'm trying to find balance between holding and spending. But if you are holder and you don't otherwise spend Bitcoin, exchanging or spending it only because of Christmas maybe isn't so good idea.
|
|
|
Why do you look.at this as a negative news? In fact this is just the opposite and it's not aimed against cryptocurrencies and its users and especially doesn't anything to do with cemtralization. Anti money laundering measures will help to establish Bitcoin and other cryptocurrencies as a safe and legal payment method, not some illegal stuff that are using only criminals for their illegal activities. Also, KYC is positive for Bitcoin users because it helps against abuse and fraudulent activities. So, this is not negative news for European crypto community but positive one and users in Europe will have advantage because they will be legaly protected. I wish that people who use Bitcoin were more educated then we would have less fake news and conspiracy theories that spread unjustified fear among users.
|
|
|
|