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The tussle between bitcoin and government will come to an end if both can find a way of how to tax bitcoin. Right now there is no way to tax anonymous transactions of bitcoins. It's possible to tax Crypto trade through exchanges but these exchanges are available in only few countries. That's why many small countries who cant monitor or control bitcoin in their areas have banned it altogether.
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China has not accepted google, youtube, facebook and other tech giants, and we think that they will accept a digial currency that will truly overpower there financial control over the country. I say there is one in million a chance for this. They may adopt centralized currency like XRP but not decentralized BTC.
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Merry Christmas to everyone reading this.
There are many who enjoying recent gift from bitcoin and there are many who regretting that missed opportunity. Every day is new and has full opportunities as that of previous day. 2020 is ahead and we will see many exciting things in coming year like coin halving.
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You seriously think that decentralization feature is benefit for governments? In fact majority of advantages highlighted by OP are not liked at all by governments. What governments has to do with a currency that it cant control, monitor and manipulate. Governments are only interested in fiat that are backed by them and not by community. There are few issues with bitcoin also kike its volatility and speed.
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Litecoin dipped under $40 a few days ago, I am looking for prices under $30 to buy more. I could buy maybe a couple hundred LTC, depending on the price.
LTC ATH is 364$ on 19 Dec 2017. Last year it went down to 30$ source Its safe to buy LTC in between 30-40$. Its good to keep some space for this coin in your holdings as it has the potential to go up, since it has low fee and high speed. |
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Whale dive created huge panics to all weak holders they perfectly knew that with such actions a lots of people will follow and full their bags, same deal with how they creates artificial pumped, fomos will buy afraid that the train will leave them not knowing that at the very peak whales will dumped everything and sucked out their profits. Leaving more people in trapped or force to sell with huge losses.
Its all about how strong your nerves are when whole market is bleeding. Whales are called whales for some reasons and one is they never sell in panic nor lose hope, no matter how much worse conditions are. The problem with small fishes are that they only wanna jump in when market is high and don't wanna stay when its down. Thats why they always remain small fishes who are eaten by whales. |
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Trading requires complete attention and large amount of your time. It's a full-fledge job in itself. I don't think it's possible to do day trading while you are at work neither it is recommended. You can be successful once or twice but in the long run trading at the office won't work, your office work may start getting affected due to this.
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I updated my signature today and now on my yobit account under Amount BTC I am getting zero. Anyone else having this issue?  My above issue has been resolved yesterday. Today it's working fine after the signature update. Update your signatures without any fear. This is a valid scheme, not a Ponzi. Enjoy the Christmas. |
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If you are having a full time 9-5 job then best for you is to do long term investment and refrain from day trading. As trading requires you to it whole day in front of your laptop, looking for gains. I have a job also, I only buy when market is at dip and hold. for me seeing the market once in a day for 5 to 10 minutes is enough.
It is most of the choice of those who have the main job outside. Just like you, every day I only look and watch the market for about 30 minutes is enough because I choose to invest in the medium and long term. It does not take up too much of my time during the day and I still guarantee a profit when making such investment Likewise with me where I prefer to invest long term, so that not much time is needed to analyze, sometimes even in a day I do not monitor the market, because my goal is indeed for the long term. but back again to the style of each person to make money from cryptocurrency It depends because each person is different in regards to their own vacant times and work situations where there are workers that can still able to access net and can able to trade but it all matters on what you are dealing with as said it will be either for long or short term.If you dont like to get hassled while you work then you prefer on just simply holding than minding yourself on doing trades but profitability comparison then shorter ones is much more better. I think it is not so hard to get time for your investment even if you are at a job because we are investing in crypto and there is no selected time for it we can keep eyes on the market by pushing the notification on and we will be updated easily. We can invest or trade along with our job but having long term is important to point at both. I can't say about day trading or short term investment (as I have limited experience working with them) but if you are a hodler (long term investor) then having a look at the market once a day is good enough. If you have a job then you can still participate in crypto trading with confidence. |
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Fiat will be replaced by another currency, not sure that is Bitcoin or Cryptocurrency, I think no government will allow Bitcoin or any other created Cryptocurrency by the people which is uncontrollable, every government have a tendency to dominate and control over any currency, Every government has an agency which is Central Bank, So without approving by themselves, Bitcoin and Cryptocurrency will be in the mainstream ever, So I don't think that Bitcoin or any cryptocurrency will not replace of the Conventional Fiat very soon.
Surrendering to bitcoin will be the last thing any government will do. Crypto is no doubt a great innovation but it doesn't mean we should start saying that fiat is totally bad and will be replaced by bitcoin. Fiat is the one we have been using all our lives and I don't think there is any danger to fiat that is backed by governments. |
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We can hope for the best from coin halving event. Last time coin halving happened in mid of 2016 and we saw massive bull run after 1.5 years of that halving. I dont think 2017 bull run has any relation with 2016 coin halving. Let's hope this coin halving bring smiles on all of our faces.
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I updated my signature today and now on my yobit account under Amount BTC I am getting zero. Anyone else having this issue? I have the same result. And I do not think we have the option of getting our payment back for these posts.  After updating the signatures there were many errors in calculating posts so that the balance was not added to the yobit panel. Maybe it's a system error and the yobit admin doesn't know so he hasn't fixed it yet. To be honest, I haven't updated my signature and want to know the notification from Yahoo directly. your account working fine with old signatures? I mean you getting the required no of bitcoin in your Yobit account. Kindly update us also. they are currently discussing it on our community telegram channel.
Can you please share link of that telegram channel. |
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I updated my signature today and now on my yobit account under Amount BTC I am getting zero. Anyone else having this issue? |
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I wish it can go down to that price of $5500 so I can buy some more bitcoins but it didn’t look that it may fall to that price. Seems 7000$ is a strong rebound for Bitcoin. The latest news are that bitcoin is moving up, which is good sign for folks who bought at recent decline.
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You mean the halving.
If I were you I would stop expecting way too much just like before.
2017 is not the year of the halving it was July 2016 when it happened. So you cannot really connect the halving into when the bitcoin price will pump.
Just buy bitcoin. That is all you have to think about for now.
The cheaper the better. But when will you know when it is cheap? You decide.
Many thought Bitcoin will go to $5000 but $6800 proved to be lowest before current pumping start. There is no low or nobody can say whats the lowest before bitcoin starts an upward moment. Best is to start buying bitcoin at dips and HODL while bitcoin goes up. |
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Honestly, I don't have any expectations with this coins halving event coming next year. I am sure this will pass without any impact on bitcoin prices. Bitcoin mostly goes up once in a year and I will wait for that moment in the coming year to sell me bitcoin holdings.
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Banks are doing pretty good with there current infrastructure. They may opt for private blockchain in future if they think that's a good replacement. But we cant say that blockchain is future for banking industry.
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I am not selling anything for this Christmas. I have few savings in fiat that I will use this Christmas. If you are holding cryptocurrency for long term then this is not the right to get profit from your crypto investment.
Best gift you can give to yourself is buy crypto at current dip price.
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Governments are in no mood of showing soft mood towards cryptocurrency be it USA govt or china. This is something we have to accept. With rise in adoption of bitcoin, we will see more such strictness from government bodies. bitcoin has to survive on its own.
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Bitcoin was invented for every single person living on this globe regardless of its gender and nationality. There is lots of material available on google, youtube, bitcointalk.org and other sites regarding bitcoin and other cryptocurrency. If something is willing to join she don't have to give such excuses.
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