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Until now i have never paid tax on bitcoin, this may be because the bitcoin legality in my country is still illegal so there is no binding rules about tax on bitcoin, but if later bitcoin has become the official currency in my country of course they will apply the rules on tax policy on bitcoin
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I think it is interesting to learn if the merger between BTC and ETH can be an alternative coin that has great potential for growth as it sees from BTC and ETH a popular and high value coin in the crypto market.
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Many Bank only allow +18 users to use money services is right for you?
so if this right bitcoin not need ID so under 18 years can use it
If the bank has a regulatory requirement against users who already have +18 age using an ID, this is certainly different from bitcoin that has become a system of bitcoin performance in the absence of binding rules about the age of its users, even without the use of ID, but bitcoin activity can still be done well for payment or business transactions. |
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yes so far i don't think there is a binding rule to pay taxes on the profits derived from our efforts on bitcoin or altcoin, except to exchange paper money, certainly there are some legal bitcoin countries that will impose taxes on such exchanges.
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maybe you are right and bitcoin will not see the next 10 years but for sure the blockchain technology will be there in 10 years.
I think both will be their but blockchain technology will take over the fiat currency world and bitcoin value will also increase as they are widely used cryptocoin by most users I think bitcoin will not be able to replace the fiat money function completely, because some fiat money functions are needed in transaction payment, and not all payment transactions can be overcome with bitcoin, but i believe for the next 10 year bitcoins will grow and will be much in use either as a payment transaction or for business transactions. |
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When talking about "Russia", are you referring to the Russian government or the Russian people?
If talking about the Russian government, then what would be the benefits besides security? The beauty of bitcoin and most cryptocurrencies is that they're decentralized. If a government would make their own cryptocurrency, then that would eliminate one of the biggest advantages of most cryptocurrencies.
yes of course if government creates crypto, of course there is no bitcoin system that becomes uniqueness like decentralization, because in my opinion they have trust with this system very susceptible to misuse of money laundering. |
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Yes of course we do not have the power to encourage them to use bitcoin because if the bitcoin legality factor is still illegal in this country, it certainly can give them direction about bitcoin function and how to use it.
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I think bitcoin is still a priority for long-term investments, but Eth is good coin for short-term investments because Eth's movement may be more active and faster to earn a daily profit.
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es, they buy bitcoin at the right time so the price starts to rise even today the bitcoin price has reached $ 4420 even though the last few weeks have dropped drastically because of the impact of the Chinese ban on bitcoin which makes the rumors unfavorable for the development of bitcoin
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I have been earning BTC through different claiming faucets like BTC clicks, Freebitcoin, Bonus bitcoin, adBTC, Moonbitcoin, Fieldbitcoins with no referrals for about 4 months now. It is so hard. Can someone tell me how can I earn more??  you can earn in bitcointalk (yeah this forum) by signature campaign, bounty or giveaway. its so good for me because earning bitcoin so easy and happy and not difficult way note : you have to up your rank minimum Jr.Member to join signature campaign Maybe i'm experiencing the same thing with you starting from a boring job of captcha faucet tap every time i do to get bitcoin, but a few months later a friend gives this link https://bitcointalk.org to learn and get into the members. To keep up with bitcoin, and as time goes by i become a member of this forum in addition to my knowledge also earn income here through the signature campaign. |
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If we have the confidence to be successful in the business of course we can get, although it will not be easy to get but this becomes a motivation for hard work in order to achieve success in this business (in this case bitcoin), because various ways and alternatives can be done to get bitcoin like trade, mining and investment.
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I think in the next 5 years bitcoin prices are bound to increase as bitcoin users continue to grow along with the rising popularity of bitcoin all the time, surely this will affect the progress of bitcoin that keeps growing, not even mjustahil if bitcoin. will become a global currency legally and can be used for various transactions in different countries.
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I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people. Wait till people actually find out this exists...
When the Bitcoin or crypto community is so small, how can you expect vendors or merchants to know about it? Bitcoin isn't really popular in world. Step away from bitcointalk and you'll know people don't even have an idea of existence of a completely new form of monetary system. There is a need of awreness. People are coming and investing increasingly and this trend will continue for more years to come and the situation will change. Indeed for current population of bitcoin users it may be only 10% of the world's population, and some do not know about bitcoin, and certainly need time to be able to socialize bitcoin to them, but all of that goes back to their government regulation of bitcoin, because there is some countries that prohibit circulation of bitcoin in the country. |
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yes of course though without china but the fact that bitcoin prices could increase for the better, and if china will trade with bitcoin of course this will again affect the current bitcoin price increase, and maybe before this november the price will reach $ 5000 if they reopen trade bitcoin.
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although without china I believe after Hardfork november later the price will rise higher than before, and it seems before this november will price reach $ 5000 because now bitcoin price periodically start to increase until now about $ 4300.
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Yes how big China's influence on bitcoin price development once they have a problem about the ban on bitcoin trading in the country, drastically reducing bitcoin prices to $ 2800, but now even without china bitcoin prices could be even better now the price. has reached $ 4300, this may have been the return of their belief in bitcoin that has collapsed because of bad rumors.
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we do not know if the price of the bitcoin is really high in 2019
but that's okay if it's the price it is now that we have to accumulate for that day when we have the money
It's getting tough in that price. Anyway, is just an speculation but possible to happen since it was 2 years to come and lot of changes may happen in a long run. And if that speculative price($15k) by the end of this year is reach then probably by 2019 all bitcoin holders are become millionaire and everyone will got surprised. the possibility to reach $ 15k in bitcoin for 2019 will always be there if you see from the progress of bitcoin price in the previous year until now able to reach the price of $ 4200-4300 so it is not impossible if later bitcoin price will be able to reach $ 15k |
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yes although China's decline has had a big impact on bitcoin development, but not for now despite China's ban on bitcoin activity on its citizens, but bitcoin still exists and today bitcoin has risen steadily after prices declined for the last few weeks .
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Bitcoin is money, but it all depends on how you earn money. Investments or trade with bitcoins also carry a risk and can lead to loss of money like gambling.
Well trading without skills is more of a gambling. Bitcoins can be considered as a gambling for those who buy bitcoin as an asset if they don't study the Value graph . Like if they buy bitcoins for $4500 and the prices go down they would the face loss . The fluctuating value of bitcoins makes it look like gambling. Yes, bitcoin is actually trading and not gambling. Bitcoins can give you a good profit by holding coins but gambling is instant. Gambling does not actually need a lot time and can make instant decisions giving you profit or loss. Gambling is not predictable and also most of the bitcoiners will insist you to stay far from gambling because gambling will give you more loss the n profit. Gambling has fast money but that fast money can also be prove to be harmful. It is better to invest in altcoins or bitcoins rather than gambling. I agree with you that investment and trading may be the best solution to get bitcoin, and gambling is very risky to lose because only a lucky factor can be expected from a gambling even more harmful if gambling has become a habit of course this is a bad. |
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yes bitcoin growth back in the initial phase after being hit by the negative issue of bitcoin ban and ICO in some countries finally back up this shows bitcoin is getting stronger and I'm sure the future will get better, let's wait next two months whether bitcoin will go up or down waiting for 2nd fork, I hope bitcoin still exists and the price is stable.  yes it is definitely a hope for all users will progress bitcoin which continues to increase along with the increasing population and popularity of bitcoin at this time. and i'm optimistic that after this there will be an increase in bitcoin prices that increased drastically. |
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