I think one of the best thing to invest that still have high appreciation is real estate especially in my country a small land that was valued around $6000-7000 can reach up to $10000 in a matter of 2-3years. Crypto currencies are not at the top of the line but for me real estate is the sure investment that will give a good return in future time.
Real estate depends entirely on where it is located, there are zones in a city that are hot so you make an investment and a few years later you can sell for an higher price, but there are also zones that are very slow and you could lose your money, so if you are going to invest in real estate make sure to know what you are doing, because if you do not, your money will be frozen in that property for a very long time. |
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In Argentina, a new tax is about to be approved that will charge profits for holding cryptocurrencies with 15% per year. ( Source) This tax applies for everybody that made profits of more than approximately 3.500 USD per year, so everybody that held more than 0,25 BTC in 2017 would be affected. This tax will be possible to be charged retroactively, but it will come into effect on January 1, 2018. So everybody that sells before that date, will not have to pay the tax for profits that have accumulated until that day. Even if you don't believe it: Argentines are a significant Bitcoin holder group. A history of restrictive exchange regulations (the last "restrictive" phase lasting from 2011 to 2014/2015) made many people aware of cryptocurrencies. And at least one of the historical Core contributors is an Argentine. So it's a pretty likely scenario that Argentine holders could move the price a bit. But maybe it's nothing to worry about: They could re-buy at January 1, so they get only charged for profits after that date. Governments think that people are just going to cooperate with them, they are trying to treat bitcoin as if it is a stock, but it is not, bitcoin is a currency, besides that assumes people are going to be dumb enough to tell their governments all the bitcoin they are holding, I cannot wait for the day some governments pass laws that says that all your bitcoin income is tax free, that country will become incredibly rich in just a few years. |
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I want to see how bitcoin unites the entire population of the Earth.
How will the borders between countries collapse. As a single information space, will become a single financial space.
I see TERMINATOR like future, where everybody has a chip in ass, and if hes a good prisoner on earth he gets food, if he misbehaves then he can't spend his bitcoin, if he goes home and stays in his cage he get to spend his bitcoin In time BTC will make all the humans on earth, nothing more than good dogs. The bankers and/or kennel owners of course will be free to travel and spend as they wish, but for the 99% of the ppl on earth that are not ZOG, their life will be hell. That has no possibility of happening with bitcoin, in bitcoin you do not need a third party to authorize your money movements, now such a horrible and unlikely future could become a possibility if a governments issues a coin and that coin was the currency chosen by the people but even then bitcoin will allow you to buy stuff out of that regulated economy and society. |
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From now it's an old topic and old question lol. I heard that people still continue to get Bitcoins even it's at $ 15K recently. So it seems like it's never too late to buy Btc.
It's never too late to buy bitcoin and for those people who bought at $15,000 probably they have earned when bitcoin hit $17,000 and now as the price starts to drip down at $14,200 still there will be people who are buying on this moment since the price is starting to get down. I think we are going to reach a point where bitcoin is truly too expensive lets say that bitcoin reaches 100k, who has 100k to spare to buy a bitcoin at that point, only those that are very rich, obviously we do not need to buy a full bitcoin but still bitcoin will be too expensive for most people at that point, that is why I have always thought that those that hold a minimum of 10 bitcoins are going to be very wealthy in the future. |
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Hey Guys,
What coins do you think will offer a great profit in short time?
Thanks
I think this question's answer is changing continuously. In my opinion, it is better if you try to follow the charts on your own and make your own decisions according to your observations. That is not a bad advice but you need to understand that most people want to become rich but there are not as much people willing to put the work in order to become rich and that is why you see people asking for advice in which coins to invest instead of learning themselves how to do that and then when they fail to make the money they wanted they begin to blame the people that gave them the advice. |
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I think this is the first time a PM makes such a statement. https://cointelegraph.com/news/israeli-pm-bitcoin-could-replace-banksIn a video published on Tuesday, Israeli Prime Minister (PM) Benjamin Netanyahu claimed that the operation of traditional banks will eventually become obsolete and could be replaced by Bitcoin. He based his claim on the trustless nature of Blockchain technology and on Bitcoin’s continuous, notable growth this year.
In the video, Netanyahu stated confidently that banks will eventually become outmoded and be replaced, though when and by what exactly remains to be seen:
“Is the fate of banks that they will eventually disappear? Yes. The answer is yes. Does it need to happen tomorrow? And do we need to do it through Bitcoin? That’s a question mark.”
...
“The truth behind what I just said is what’s propelling Bitcoin upwards.”
However, the prime minister also expressed doubt in the ability of Bitcoin to continue growing at such an astonishing rate, stating:
“There’s nothing like this, that will continue rising at this rate, it can’t happen.”
I’ve tried to watch the video to see if the article is interpreting well Netanyahu’s statements, but it seems it is in Hebrew and I can’t understand anything. We have seen people of this forum saying that thanks to bitcoin, banks won’t be needed any more, but I don’t remember an important politician making statements like that. What do you think about? He is not an expert on the subject, while my first reaction will be to be happy about this comment at the same time i cannot forget that every time I hear bad reviews of bitcoin by people that are not experts I tend to disregard them, if he really thinks that bitcoin is going to replace the banks then he could establish policies that help its country to reach that goal. |
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Better invest in ethereum right now because it is regulated by the company and bitcoin now is too expensive no one has the control that it might dump just like in 2014 when it reaches 1k in Q4 of 2013.
The circumstances are very different the market for bitcoin has grown in almost exponential way, now we have countries like Japan where a significant amount of the world trade of bitcoin is taking place but also where many people are using bitcoin in their everyday lives, we did not had that in 2013 and we do not have a huge exchange with almost all the bitcoin trade taking place there. |
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They just don't believe how fast the price has changed ever since the start of the year 2017 when it is merely just $1000 per bitcoin. That is why they are being too skeptical about bitcoin. The volatility of bitcoin is what concerns them because they don't want to see a whipsaw movements in their portfolios. They always say that we should invest only the amount that we feel are okay with losing, so even if we risk it, it will still have not much impact on us.
I have no problem when the first reaction people have of bitcoin is of doubt, thinking it is too good to be true but at some point once people begin to understand bitcoin in a more profound way, they need to understand that bitcoin is in fact one of the few exceptions to the rule, but for some reason some people choose not to see that and that is how you get person that is always wishing the price of bitcoin to be cheaper. |
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To me, cash will be removed from the earth by 2035 because the era is the technology era and we don't need paper banknotes anymore. This will take too much time to get in the new era, but I'm sure we'll do this within 15 years or so.
IMO, you are quite a bit over-optimistic. What about countries such as Congo and Angola, where the vast majority of the population doesn't know how to use a smartphone? Forget such countries. Even in developed nations such as the United States and Japan, you will find a lot of people who don't know how to perform digital transactions. This is correct, I like bitcoin and I think we are going to reach wide levels of adoption in the next 10 to 20 years, but not everyone is going to use bitcoin, when it comes to their money most people prefer to play it safe, that is why you can see people complaining about not affording bitcoin, but if they were given the chance to buy bitcoin at the same price most people are going to pass on the opportunity. |
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Are there many of you who travel internationally? If you do, obviously you have your laptop as well for many people. But i assume most of you travel with your nano ledger or trezor as well? If so, i assume you don't have to declare you have over 10k on you right since its not a currency but an asset. But also you aren't carrying bitcoin because the nano ledger is basically like your bank card which has money in it? Has anyone been asked about it when flying internationally?
Then again if you have a bitcoin wallet on your computer such as electrum or any similar ones, wouldn't that be the same thing as a nano ledger or trezor? But the thing is the nano ledger looks like a keychain or usb but the trezor looks a bit different? And also when you carry it, do you generally carry it as is or you put it in a box?
I do not know why you feel the need to risk it, bitcoin can be stored in a laptop, a hard drive, an usb or even as a paper wallet and if you do not want to use any medium like that you could remember the seed words from your wallet, if they ask you if you carry more than 10k in valuables then you can say no since you are actually not carrying anything with you since the seed words are in your brain. |
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That's an week old news now that South Korea is planning to implement tax on bitcoin. I am sure it is a good news for majority of the bitcoin users like me. Because once a county introduces tax on something, it is considered as legal. Also South Korea accounts for the third largest crypto trading volume, so the tax framework will surely bring positive impact on the entire crypto market. The only concern is about the nature of taxes and how it will be calculated. Once we have the detailed guideline, then only we can discuss the good or bad about it.
Let us hope that the tax is fair and that is not a very high tax, if it does that could kill trading in South Korea since traders may decide to move their funds overseas to other exchanges, now the impacts can be positive as you said since this will be another signal that another asian government is looking for the integration of bitcoin in the formal economy. |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
Bitcoin in itself cannot be hacked, it has been proven to be very secure against the current kind of attacks that exist today, second you need to understand that since there is not a central authority in bitcoin no one can block people from joining the network, so those that use bitcoin for illegal things can do so with impunity, this means there is a real risk bitcoin is banned in some countries but that is fine. |
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Did they stopped all the illegal usage of drugs or even the criminals lurking in the darkest market place? if not, then do you think they could completely stop this cryptocurrency? now that most of the people around the globe are investing, staking a lot of money with this thing?
Yeah, I'm sure governments will love to erase bitcoin from the minds of the people but they cannot do that and they understand very clearly they cannot make people to not adopt bitcoin, they have been trying to buy time but it seems they are finally realizing that is going to fail as well, so they are going to try to regulate exchanges and they are soon going to realize that is going to fail once again. |
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I just came over from the 'Investor Games' subforum (hope I got that right). A guy there said he came across a site asking to double his bitcoin, he paid in $20 and got $40 the following day or so. He then went for a higher plan of $300 hoping to cash out $600 but they asked him to pay in another $300 before cashing out. He got confused and was asking for advice.
I think I've been there before. Before I became a forum member. I once came across one of those scam sites promising to generate bitcoins. Thought it was real, but when they asked me to pay some transaction fee, I was stuck. I had no money to pay the fee. With the benefit of hindsight, I know I'd have sent them the 'transaction fee' had I had the coins to send them.
Now, what have been your experience with internet scams?
How do we help people not to get scammed?
I will say that almost all the members here have been scam one time or another, specially at the beginning of their journey. I was also a victim of HYIP, I invested few satoshi's before and it was paying at the start and I was so happy with the result. Was even looking at the calendar to see how much bitcoin I will get. Then I re-invested, but unfortunately one day the site went offline and I was late, I have been scammed. Just a simple research of the website will help you identify a scam and of course this forum is the biggest help. Just ask around for opinions before investing. To me this seems like the right answer there are very few people in the forum that have not been scammed at some point, this is especially true when you are just beginning in your journey when you see offers to multiply your money many times over in a few weeks, many people intuitively know that is impossible but at the end greed can be more powerful than your common sense. |
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I want to buy some coins.Now the Btc price is around 10000$.best thing is buy btc or ethereum now
Both are good coins but I prefer bitcoin for the simple reason that I only need to watch its valuation against the dollar if you buy ethereum you need not only to compare its price against the dollar but against bitcoin that is why despite Ethereum reaching an all time high in dollars ethereum is still very far away for its all time high when we look at its price in bitcoins. |
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I never against bitcoin but I do agree with you at this point. THe price of bitcoin is way to high and there will be an explosion in the future, a very big one. Many people will commit suicide just like which has happened in the 1929. The world was in the big chaos. Bitcoin will start another chaos in the economy system
Bitcoin will start nothing, bitcoin is too small to cause any kind of big shock around the world, if anything bitcoin is going to be there the next time there is a big crisis to help people escape the worst effects of it, those that should be worried are the ones invested in stocks and in bonds because there s going to come a time governments are not going to be able to pay the money they borrowed. |
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Well , I heard the forex trading is a very good source to make some foreign currency turn over, so I would like such but it requires a lot of training.
Also , mortgaging is another good venture.
Forex trading is even more difficult than bitcoin trading, there you can leverage your trades and the slightest movement on the market can make you a lot of money but it can lose you a fortune, so unless you have mastered trading bitcoin I will not recommend it since the chances you lose your money instead of earning it are close to 100%, besides you need a lot more money to begin to trade in those platforms unlike bitcoin. |
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if you bought bitcoin at the rate of 10.000 USD well congratulations your money invested is now 50% more ..
i wish i did bought some early this year march 2017 is one of the best time to have bitcoin , in just 9 months you cant think howmuch money you are having right now ! it was a missed for me again !
the train was running so fast, I myself hope to buying more bitcoin when the beginning of the coming month, but in fact bitcoin prices continue to rise faster. it seems everyone is racing to keep buying and hold bitcoins ahead of fork and end of the year. consequently the price becomes multiplied. lucky people who have bought a lot of bitcoin when the price is still at $ 10,000. This, only the most positive bulls in bitcoin could have predicted prices like the ones we are seeing now, most people here in the forum would have been happy if we reached 2500 or 3000 dollars at this point of the year but the price has been moving like nothing we have ever seen and this has not gave to us enough time to adjust to this new situation or the opportunity to raise more money in order to buy more bitcoin. |
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What is your Bitcoin End Goal?
Is it to get billionaire by it? Or to use bitcoin for all your transactions one day?
These are just two examples, not the only choices of course.
Share what is your End Goal with bitcoin?
I will never be a billionaire since I do not have a lot of bitcoin but my aspiration is to make my life easier, I'm just a normal person like most people here in the forum but if the value of bitcoin reaches some of the levels we predict my life will become a lot easier, I could retire early and depending on my bitcoin holdings at the time I could even retire immediately. |
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I think it's because of taxes, of course we have to pay taxes, because that's also to make the country more advanced, but bitcoin is different, the government has taxed our pay monthly, why they should take from here too. happy to bitcoin because no one controls it.
I would not mind the taxes so much if at least the money was used to help those that need it, but with the enormous size of corruption in my country most of the money that is destined to help the poor is stolen or it is used to buy the votes of those that are poor, so it is natural that people that pay taxes are not happy and bitcoin is looking like a tool that can be used to starve the government. |
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