Bitcoin is not a current currency of some countries. Bitcoin is decentralized and not controlled by anyone. As I know, bitcoin is an illegal currency to use in some countries. It means any kind of transactions are not getting responsibility from the government. Taxes is one of many kind of government responsibility. Maybe in some exchangers they take a few percent for income tax from users account.
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I was started 2017 with loosing my password in a gambling site. Lol. I wish everybody can get lucky and doubles their btc amount in gambling. And my truly dream, there is so much bonuses new year programs in any gambling websites.
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The criminal transactions like terrorist, drugs, ilegal porn, money laundering, etc. is the bad side of bitcoin as an anonymous crypto currency. It's a real dilemma for bitcoin user. For example, there is no easy way to explain bitcoin to peoples who don't understand about. They are always think bitcoin is scam ponzi until they found or learn about it self. If government success to review bitcoin users or we can say they can control our account and transactions, well, this is will be not a decentralized currency anymore.
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Happy 2017 to all Due to the current huge daily increase of bitcoin do you believe\think that one bitcoin equal 2000 USD by the end of this month - Feb2017 ? Thanks
Well, I think 2017 is a good year for bitcoin. Especially blockchain technology. The price flying high when it touch $1000. And now all of the bitcoiners is hoping that will keep going higher, as you say $2000. But honestly, most of trader who trade bitcoin everyday in the exchangers is really make a wish that price will be drop and bouncing. Everyone is dream to buy something expensive as much as they can when the price is cheap.
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Dear op, I wish I have a chance to join this signature campaign. I have been waiting for long enough whilst I tried to fix my post like what you suggested before. Now you can review my account and tell something good. Thank you.
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Day one of the new year. I did not expect to get to $1000 this soon. I think it's possible there will be some kind of connection coming.
I assume you meant to say correction, right? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It makes sense that after the price has gone up quite a bit that we will see some sort of a correction. I thought it would be the case when we would reach $800, $900 and now $1000. So far at none of these levels a serious correction has gone through the market. That why the coming days will turn out to be important. Maintaining $1000 is not a joke. I once think like that. Well, it's too good to be true but it's happening now and still raising up to the price that I am never predict for the short time. Just for 1 month the price is going crazy. Now I can tell everyone, that the price never too high for bitcoin.
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I bet the stats or betslip that showed on gambling site is same like the volume on trading websites. It was created to add more attractive to the websites when member get visit. I know it's just my opinions, but I believed there is more peoples now think about this.
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I think it's an interesting thing to learn about. I need More information about this knowledge. So I hope anyone can please make an explanation about this. All i know is saving bitcoin on offline wallet is better than online wallet. Because only me can control the number (key).
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All the bonuses programs in the gamble websites is just a shit. They are make any kind of phishing programs to make us stay betting and waste our money at the tables. But honestly, with or without bonus they give, we are all always back to play more.
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Hi everyone, I've been a reader of that wonderfull forum for a while and I'm jumping in for the first time ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I've searched that topic deeply for days and days, found some interesting things about that (even here) but no clear answer so I'm starting a new thread to get as detailed informations as possible (many thanks in advance ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ). I actually have two questions: - Q1: Banks are usually not huge fans of crypto related businesses but I suppose that the big startups around (Kraken, Bitfinex, Polo, etc.) all have bank accounts but my question is: which banks are 'Bitcoin friendly' (or at least Bitcoin tolerant) to start a business with? To specify my question, if I'd like to create a Bitcoin based startup, where should I look at (I'm in Europe)?
- Q2: Is there such a thing as a 'Bitcoin based' bank? To put it differently, is it possible to get rid of banks totally? The idea would be to have a blockchain based system capable of dealing with SEPA (direct bank debit) or things like that, just like Paypal but based on cryptos?
Many thanks in advance for any enlighted answer you may provide ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) A lot of people in the Bitcoin space are looking for banks which are Bitcoin friendly. A dated list and discussion on the same can be found here. https://bitcointalk.org/index.php?topic=264679.0Well, this is a knowledge that I have to know exactly. Your questions is can be expand to "which banks are friendly with bitcoin user in europe?" That's will be a great innovation for world banking.
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Bitcoin is not controlled by anyone in the world, even sathosi nakamoto although can't control peer to peer technology like blockchain. But since I've learned about dump and pump methods, may be we're all can say bitcoin is controlled by peoples who use it, keep it, and spend it for they transactions payments. So we're all parts of the price move.
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i don't see this question is for this forum member, i smell something teraphy needed here ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) dude, all i can say is to stop addicting on betting is stop working to make money. if you still having cash, you will not stop. gambling is to make your self fun with the game, and happy with the profit. If you lose, it's not your fun, so you are back to get your fun again. (addicted) it's all will be stop when you have nothing to gamble, or you know what to do another way to "play" your money to get better income.
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I think your question is not complete. But to answer your question, I may say the price is not worth for us, it's all depend on how much bitcoin do we have in our wallet. Let's say I have 2 btc in my wallet, and bitcoin's price are in $10.000. well, I have $20.000 now on my wallet. But honestly, when the price is touch that price, who can predict the future of the basic needs too. I have $20.000 to invest but I have to buy breads for $12 per day. Just calculate it if don't get what I mean.
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Bitcoin was created to destroy the current system that can manipulate or monopolize the economic (money) by the invisible hand/government/or anyone who have the power. Bitcoin was made for revolution of honest currency like silver and gold. There's nobody can control them, and bitcoin was created like that. Decentralized.
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There is no fun way to face a new year party more than winning a lottery like this to complete your party. I hope this will be a great end of year.
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After reading all the comments above, my conclusions is blockchain is an important technology behind bitcoin. Blockchain is doesn't have a secret data for public. It can be seen by everyone. Blockchain can be a technology that secure the government system. If someday bitcoin getting crash, another crypto currencies can replace bitcoin's place with the same technology, blockchain.
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place? I mean cloud mining is a scam but there must be something else we can actually do right?
That's right, do not ever fall in the world of cloud mining. I think the nice thing now to do with bitcoin is trading. Since I personally use bitcoin for trading, but keep in mind trading have a high risk investment. Thank you Bitcoin cloud mining has no place in bitcoin investment nowadays. Even if they're not scams, the ROI is too long, they're waiting for your bored. If you think you want to invest and not do anything, I think you just need to buy bitcoin and save it. Buy it every month regularly and just save, and sell it per annual when the price is good.
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I can order you anything shipped and sold by amazon from www.amazon.comLegit balance, no refunding or funny stuff. How: Select something under $50 I HAVE AMAZON PRIME! PM me link to product Pay me 75% BTC (or pay to escrow) Get tracking number Get item We both happy First order I can sell for 75% Maybe 2nd too. Than it goes up to 80% Happy shopping ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Can you ship the goods to asian countries?
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I hope some shit like this is not happen anymore in bitcoin world wide. It can damage trust that build for many years to bitcoin. I think the exchangers has add more security features to keep their client's money keep safe. They has learn from mtgox, bitfinex, and others exchanger that got hacked before. But we still have to rescue our money to not put it in exchanger in big amount like what op said.
"Don't put all your eggs in one basket"
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I would like to know what is your pain and the problems that you face the most with the bitcoin technology?
For myself, when I started was how to send and receive bitcoins. Also, took me a long time to understand the value and the difference between the Satoshi and Bitcoins.
When I first learn about bitcoin world, I see my self like a cave man. Because I really really blind for this technology, blockchain. And when I started earn bitcoin with doing faucet jobs, I see my self is like a fool to waste my time and internet quotation limit just for $0.003 per day. But in the end, I learn trading. And I fixed all of the confusion problems with earning more bitcoin by trading.
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