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181  Bitcoin / Press / Re: [2018-02-01] Coinfinity shows first lightning transaction on a Bitcoin ATM on: February 01, 2018, 03:53:14 PM
It seems to me that this system has great potential. Know about whales. Now they reduce the price of coins to buy coins to those users who panic. After the system lightning will be part of the system, I am sure that the price of the coins rises. But I don't understand how this system takes into account the interests of the miners. No financial interest, they can stop mining.
182  Economy / Economics / Re: "Switzerland wants to be a crypto nation" Economic minister. on: January 31, 2018, 06:54:44 PM
I believe that Switzerland will provide the opportunity to use cryptocurrency not only its citizens but also citizens of other countries. Only it can be very difficult. America is not interested in the fact that the dollar was losing its appeal in the world. America can very effectively lobby for their interests around the world. So they can get loyal to bitcoin countries to withdraw support for cryptocurrency.
183  Economy / Economics / Re: As long as you convert your crypto to fiat, we will never go mass adoption on: January 31, 2018, 06:44:43 PM
It's impossible, many Bitcoin enthusiasts need to deal in their daily lives with people that don't know what Bitcoin is. Most places don't accept it and won't accept it so fast like we would like. It's not a problem at all, in the future many stores will accept it, we are just in the middle of the process, it's not the right time yet to have most stores accepting Bitcoin as payment method. Everything is happening on its right time...
Stores will not accept bitcoins. You finished half a day to spend in the store waiting for the confirmation of your purchase? According to statistics people are doing in stores most small purchases. Are you willing to pay 10-50% of purchase cost per transaction? After this problem will be solved by the sellers themselves will be interested in taking payment in bitcoin. Now this is not interested neither the sellers nor the buyers.
184  Economy / Speculation / Re: Bitcoin worth $25k in 2018 on: January 31, 2018, 06:35:22 PM
Bitcoin is not possible to predict. Perhaps this is a tactic whales. After they reduce the prices of coins in order to buy them at a low price, they naturally raise the prices to make a profit. But it has consequences. The reasons for the fall of bitcoin in the other. A lot of people think that bitcoin is a lightweight tool for making money. They don't trust bitcoin. When the whales are playing on the lower prices they get scared and cause a panic.
185  Bitcoin / Bitcoin Discussion / Re: what was your biggest crypto mistake? on: January 31, 2018, 06:29:58 PM
For me it does not matter the price of bitcoin. My biggest mistake was that I didn't believe that bitcoin will be recognized. It was a very good idea to become popular. Now I am the last person to leave bitcoin. I can have an income at any price of bitcoin. Most important for me is that bitcoin has always existed. There are very few. Need to resolve the issue with the cost of transaction and speed of confirmation.
186  Bitcoin / Press / Re: [2018-01-31] BBCNews | Bitcoin - the Revenue comes calling on: January 31, 2018, 06:23:52 PM
Soon, almost all countries will be enacted with the appropriate laws, obliging them to pay tax on income from crypto-currency activities. A positive aspect in this is that at the same time the state should recognize the existence of the crypto currency, determine its status and recognize it as the object of taxation.
      It's a good thing that while in my country they have not decided how to deal with the crypto currency, and so far there are no laws on it.
It seems to me that you're oversimplifying the situation. To take the law easy, but very difficult to achieve its execution. At the moment all users of the cryptocurrency forced to periodically change their coins for Fiat money. This allows the government and banks to have leverage on each user cryptocurrency. But as soon as bitcoin will get the properties of the currency will change. We would not need the approval of the government. We'll get a chance to call the shots.
187  Bitcoin / Legal / Re: KYC/AML requirements and (EU) data protection on: January 31, 2018, 06:05:52 PM
This is the standard rules on the protection of personal information which exist in most countries. What this gives you? Fine? Lol! How can you prove who has become a source distribution of your data? Access to these data has several sources. If you need complete privacy you need to live on a desert island.
188  Economy / Economics / Re: Cryptocurrency Banks: needed? on: January 30, 2018, 04:21:04 PM
I have to say, the idea is really great. But, making it happen isn't that easy. The problem that a project of such kind, can threaten the cryptocurruncy. It can give some sides (people), the power to have a bit of control on bitcoin, which will allow them  to affect it in any way they want. Also, what is make bitcoin special , is the fact that it is untrceable. In any transaction, both sides can send as much as they want without knowing anything about each other. However, if such a bank exists, it will need a loan guarantee in order to give you the money. Which is , in bitcoin's case a bit hard in my opinion. We like it or not, the reason bitcoin behind bitcoin's creation is its "anonymity" .

It's more profitable to take the credit in Bank Fiat to buy bitcoin. The price growth of the cryptocurrency is far ahead of the interest on the loan. I don't recommend to do it. It is very risky. But from a mathematical point of view it is. Why take a loan in the crypto Bank? How to pay the debt on this loan? I do not believe that the idea of creating a crypto Bank is now feasible.
189  Economy / Economics / Re: is there any economic effect for the country or bitcoin users on: January 30, 2018, 04:13:46 PM
now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?

Before the ban issue, my people already skeptic about bitcoin since my government decide to forbid bitcoin usage.
Of course not all of my people are afraid but when they heard about ban issue, it affect my local exchange value quite much as panic sell usually happen
Why will it create panic? In order to transfer the bitcoin to another exchange just press a few buttons on the computer. This is a problem of the exchange but for the whole bitcoin community is not a problem. It seems to me that the prohibition of bitcoin in one country will trigger a withdrawal of capital from the country. If you have the opportunity to obtain income then people will always look for the opportunity. For example, to accumulate coins on the exchange outside the jurisdiction of your country and wait for regime change. The more people the less chances to stay in power for another term.
190  Economy / Economics / Re: "Switzerland wants to be a crypto nation" Economic minister. on: January 30, 2018, 04:06:23 PM
In Belarus, in general, the mining and ICO were legalized and exempted from paying taxes. To attract large IT companies to the country. I hope many people follow the example of this country.
http://www.loc.gov/law/foreign-news/article/belarus-decree-introduces-common-law-principles-and-tax-exempts-mining-of-cryptocurrencies/

Switzerland has always been a country which provided to secure the capital. After the Swiss banks ceased to keep the banking secrecy, the people have ceased to use their services. Probably they realized this and want to reclaim the capital. Belarus is experiencing a famine of investment because of sanctions. They probably want to bypass the sanctions by using the cryptocurrency. It is also logical.
191  Alternate cryptocurrencies / Altcoin Discussion / Re: Bittrex Support is out of order! on: January 30, 2018, 03:58:44 PM
The popularity of cryptocurrency exchanges is constantly growing. The support team was not prepared for the number of applications. The backlog of tickets is everywhere. Some exchanges have temporarily stopped the registration of new users for this reason. I am sure that your problem will be solved. You need to have patience. Popularity is not always good.
192  Economy / Economics / Re: With Hackers everywhere, How safe is Cryptocurrency? on: January 29, 2018, 02:54:22 PM
Hacking the stock exchange and the ICO cannot be prevented. It will always be. Hackers are monitoring the entire network. It seems to me that over time the exchange will come up with a mechanism to delay the application for withdrawal of funds in order to be able to verify the authenticity of the request for withdrawal of the coins. The withdrawal of Fiat in my exchange occurs within 3 days. I think all this time, you can stop the payment if it were made by hackers. For me this delay will not be a tragedy.
193  Economy / Speculation / Re: Will we ever see 20k+ again? on: January 29, 2018, 02:43:38 PM
We will see the price of 20+. But what does that change? Do you think that it will immediately sell their bitcoins? No. I'm sure after that people will wait 30+, then 40+. So I don't understand why so many people are interested in the price. We should be able to survive at any price bitcoin. This is the main task of every user of bitcoin.
194  Economy / Speculation / Re: BTC price boost! on: January 29, 2018, 02:37:36 PM
Experts reveal why bitcoin is NEVER going to ZERO!

CEO of Earn.com an early cryptocurrency investor reveals why bitcoin is not going to zero.
For further details of this news, watch the video in the link below.

https://www.express.co.uk/finance/city/910566/Bitcoin-price-news-bitcoin-cash-Ripple-ethereum-cryptocurrency-latest#t=8s
In my opinion, as long as people hold bitcoin, as long as there is still a person remaining holding bitcoin, it will never be going into zero. Bitcoin is dropping is also because there are some of us already sell their bitcoin. I will still hold my bitcoin because I am still hoping big investors will come.
Big investors will always invest in bitcoins when it is profitable. Now the price of bitcoin is down. It is a good time to attract small investors. Depends on the popularity of bitcoin. Capitalization of bitcoin depends on speculators. But this is not a stable indicator. Money can come and go for a very quick period.
195  Economy / Speculation / Re: Is this the Stable Btcoin Price? on: January 29, 2018, 02:28:16 PM
The relative stability of bitcoin prices is a good indicator. It seems to me that bitcoin is now showing its real price without speculative component. My opinion is a good indicator. People expect changes scalability. I think that's gonna happen necessarily. Without such changes, bitcoin will not be able to survive in the competition. As soon as such changes occur, I expect the price increase 200% in a few days.
196  Economy / Economics / Re: Bitcoin futures market manipulation on: January 28, 2018, 05:01:53 PM
This is a great explanation of how the mechanism of futures trading. But I think that you're oversimplifying the situation. The price at which people are signing the contract this is just the trend. What will happen if in this moment there will be some event which will have a significant impact on the price? For example will address the issue of scalability. The price increase will be impossible to stop any emissions of coins on the market. Therefore, everything in this world is relative.
197  Other / Meta / Re: My insight about the new merit system on: January 26, 2018, 01:36:52 PM
I'm not happy with this system too. The numbers are misleading thing. We see how they sell accounts. Perhaps in the future will sell them to the trust. Every man for himself determines the value of the post. I think that it is enough that the Manager of each company defines for itself the quality of the posts of forum members. Sort of a restriction of freedom and an attempt to legitimize inequality. I don't like this idea.
198  Bitcoin / Bitcoin Discussion / Re: Wells Fargo calls bitcoin is a scam on: January 26, 2018, 01:27:33 PM
The fate of bitcoin is not defined. Everything depends on us. We got our hands a good tool to get financial freedom. But our greed and laziness can prevent this. Many users think that it is possible to do nothing and bitcoin will make them millionaires. Such actions can really turn the bitcoin bubble. The choice is up to each of us.
199  Bitcoin / Legal / Re: Has anyone sold BTC won here in sig campaigns? how does tax work? on: January 25, 2018, 09:19:44 AM
Bitcoins earned from signature campaigns and bounties count as ordinary income and they don't qualify for lower tax rates as capital gains. But then, the most important question is whether we should pay tax on those coins which are still in our wallet or not. Ideally, I would pay taxes only on those coins which I sold for fiat. But if Bitcoin is ordinary income, then we need to pay tax on all our coins, right?

Bitcoin is not an ordinary income because you're unable to directly cash it out from your wallet. If I could pay my taxes in Bitcoin I'd gladly do so directly, but if i'm forced to use an exchange to convert to fiat and pay fees along the way, no thank you. Nobody will make me pay taxes from tokens that are lying on some address without my name on it and that I can't spend on anything in my country but have to use an exchange first. Next thing they'll make us pay taxes for tokens earned in computer games just because theoretically we can exchange them to money on ebay.

Whether you like it or not, the government want you to pay taxes on your signature campaign earnings and airdrop tokens. With each passing day, they are eliminating loopholes which can be used by crypto-users to avoid taxes. Very soon, we will be required to give details of our crypto-holdings. If we hide our holdings, then they will proceed with tax evasion charges.
It seems to me that you're oversimplifying the situation. The government is not interested in our taxes. They are concerned about the level of freedom which allows for the use of cryptocurrencies. I am sure that they have set for themselves the task of a complete ban on the use of cryptocurrencies. Paying taxes is only a formal reason to fight with cryptocurrency. Very soon we will understand but will be late. Now need to create the conditions for the cryptocurrency can be used directly without exchanging for Fiat.
200  Bitcoin / Press / Re: [2018-01-23] A price for Bitcoin from $25.000 to $50.000 possible on: January 24, 2018, 12:20:10 PM
When he grew to $ 4000, I sold it.
I had to buy again ..............
Yeah do it you will never regret
BTC will rise until all people have their BTC
 Roll Eyes
All people do not merge bitcoin. The price dropped only because users are dissatisfied with the long process of solving the scalability issues of the unit. While no one misses the bitcoin. I guarantee you that as soon as the news that the problem with transactions is resolved bitcoin price to soar above $ 25,000 for a few days. After that, growth will continue and I would not be surprised if the price reaches $ 50,000.
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