The problem is the safety of our account, i believe when crypto replace fiat it means the value will be more stable and the transaction could be fast as fast using debit card. But the security of our account is so vunerable, or maybe there will be a wallet that cant be hacked.
For large transactions, cryptocurrencies can be used, but can you imagine when a 7-year-old boy buys candy to pay using crypto? What happens is clearly a payment problem. To replace fiat money, I think it's impossible. But to align with fiat money is very possible. Only functions and uses can differ depending on needs. Crypto money is a sophisticated technology that can definitely add value to financial transactions because digital currencies do not have physical, but banknotes cannot be replaced because they are practical and have physical properties. The BTC will not replace any fiat currency but in a failed economy like Venezuela today. This can be a very valuable commodity where investors can protect against stock markets that often fall. The final estimate for Bitcoin is that its value drops dramatically and becomes worthless in the process. Finally, popular cryptocurrency was abandoned to the wreckage of a failed digital revolution. |
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A high percentage of so call predictors predicted this year that bitcoin will drop to some ridiculous price like 1500$, 2000$ and so on I hope the can see that bitcoin is an established coin and stop causing panic amongst traders
dont do market trend analysis people. you wont get anywhere apart from acting lik a sheep because bots are programmed to act like sheep instead look at real analytics of cost of acquisition (hashrate and UTXO coin-age) since 10 months ago more than 65%(10million btc) has moved and set above a barrier of $5800 priceline thats over 10million coins that people value at more than $5800 as thats the lowest price of that period when people got them mining costs have been around that pricepoint too again even miners getting fresh coins would refuse to sell below their costs a good high percentage of the community are treating the area of $6k+ as the value bottomline. and as for the rest. 18% of coins have not moved for years. and if they wanted to sell for under $6k they would have done so. even when the prices speculated over $6k for the last 10 months. those coin holders have not took advantage of the highd of upto $20k so its definetly more than 65% of coins that wont sell for less than $6k (or more relaxed $5800) trend analitics of just looking at the market price to make predictions is flawed but when you take a look at the UTXO's of coins (the unspend coins) and look at their coinage(confirmations) to see where coin holders stand against time and price. you start to see what value the community put on their coins based on the price it was when they got their coins and same going for the costs of the freshly minted coins cost.. At the beginning of 2018, the price of Bitcoin has been marked by fairly competitive volatility. Both from the price factually and from the predictions of speculators. Since the price of Bitcoin has soared, many ads filled various pages. Even Google has removed some advertisements related to cryptocurrencies. But in contrast to the end of the year that will return to soaring as in previous years, just wait for how the real development will indeed occur or not, this is all just a prediction |
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Actually, I hate to know about taxing. It looks really hard complicated for me and many many more option to fill. I think they do not know and take tax unless I put money back to account. but point of my question I need to know cause I just see some gap of the bitcoin price you guys knew. Some website or platform trading cryptocurrency not the same price in the same time.
I just plan if I buy btc from A then transfer to B. I still have some amount of profit so I transfer fiat to account and then loop like this.
(can not take it out to do profit as coin from B coz every coin from B are all higher price from market so it suppose to be only way out)
That why they know about my fiat coming on my account. this cause me to study about tax from cryptocurrency if it's as my plan I think I still have profit left some after I paid tax to them.
But I'm not sure this action counts as money laundry? and profit from bitcoin do they calculate as capital gain or income?
there have been more and more similar fraud cases reported in recent months. Because of their limited ability to combat such crimes, he claimed that their main strategy was to increase public awareness about the fraud. So the goal of the Canadian government to implement a bitcoin tax is to try to regulate it to profitably reduce such actions. |
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can you explain this description (how to play fast in trading).? because I am still a beginner (newbie) and want to learn from your experience all. thx  Don't rush things because great things are yet to come but you should be eager to learn the basics first. There is no shortcut to a faster way of warning here. What you need to do as a beginner is to start gaining knowledge about crypto first to avoid loses and regrets in the future. You should first attain and invest knowledge about trading and apply it later on. If you are a daily trader, then you must know about stop-loss points and take-profits. This is the price level where you will exit the trade. For example, if you think that the price of bitcoin has reached a support level and there are no signs that the price cannot break that support level and go lower again, then you might want to place a buy order in this situation. |
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Yesterday we saw BTC was pumping. But again it is going down. Any news behind that? I thought it will break 10000$ around coming days. The BTC is the legend and can't think BTC will replace by other coins. What would be hope you guys the BTC price at the end of this year?
Well, Yes after it little by little recovering but now its gradually back to down again. But I am hoping that it will increase again and I think there is something again in the market that is why the bitcoin price is going down again. Hopefully, Even though it is back and forth in price value I am still hoping that end the of this year it will continue to increase. Don't be afraid that bitcoin prices will continue to fall, while we are still using bitcoin, bitcoin will continue to be valuable, let the scammers sell the bitcoin they have, and the price of bitcoin will return to normal. |
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Day traders risk a lot now - the market situation changes so fast that you can be simply not in time to complete the operation you start. It will be better if you hold your crypto.
That's the whole point of day trading. Take advantage of the market when the price changes instantly. If you chose a coin that moves sideways within the day, most likely you will not earn a lot from that, so you chose the one that is active and and has high volume so you can take advantage of the price surges. Once it reaches your target, Sell. Do not be greedy in determining the sales target, as long as it is profit, make it a habit to be satisfied and do not try to sell at a price that does not make sense unless you are absolutely sure. |
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Poverty will end only ,if all laziness,procrastination,ignorance and daydreaming ends.
Some people just want to work more and earn more.The distribution of wealth will take resources from them and give money to the lazy,ignorant people.Is this fair?
The people,who are extremely rich,due to breaking the law should be punished.This is the only justice I know.
This way of thinking needs to be changed because the poor reality is precisely the result of the wrong way of thinking like that. That's why it happens in the community that the poor are getting poorer and the rich are getting richer. Because the way of thinking of the poor which is mistaken continues to be left wrong, the condition gets worse; while the rich are way to think straight so that they get richer |
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Why are all governments pro AI and are so against cryptocurrency? AI has been often conisdered as a threat to humanity but governments use it extensively but blockchain is the best thing that is ever happened to us humans and why do governments hate it so much? They are okay with driverless cars moving around streets but are not okay with currency that will make us more independent? Why this bias?
crypto has its advantages and disadvantages as well as positive impacts and negative impacts for every user, because that is why some governments prohibit crypto from circulating in their countries such as crypto market volume, fraud due to the many characteristics of anonymity. For some people who understand the movement of Bitcoin, it can be a profitable investment. But for those who do not understand it could be followed up and entrust the money to buy Bitcoin through any place so that fraud can occur. |
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the day bitcoin specifically is favored by governments, then we know we're in trouble!
why would we want banks to see bitcoin as an ally?
part of bitcoins reason to exist is to get rid of the banking mafia-like structure, printing money out of thin air.
don't ally with the enemy, it's for noone's gain except giving them control for a final kill! I think, atleast.
just wait them out, we finally have something which is not controlled for anyone's direct gain, where people are in control of their own funds.
is there a reason that's not preferable above banks?
The bitcoin will survive surely if many big investors, government and organization supports the bitcoin and with that it can develop and progress a better economy that can lead us stable and better life as we get further in our journey. Nearly 8 years of bitcoin coming and starting to enter the world of the internet, from the start of a small price to multiplying including the users every year is increasing drastically because many hear that bitcoin will be the future and many believe that bitcoin will change their lives, maybe this is what causes bitcoin to survive today. |
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Its the new trend and it will replace traditional markets slowly. Institutional investors will gear up for this transition, thats why its an advantage for early adopters to get involved more money will get in and will make crypto will be huge than we expected.
this is a very good choice because seeing the nature of crypto is almost the same as silver, the price changes depend on the volume and the number of users so it's not surprising that many investors are switching to digital currencies, besides this new revolution will be a new change for the future. |
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I believe that this market has never been characterized by great stability, because unlike institutional markets, the crypto market has been much more susceptible to experiencing large inflows or outflows of capital according to the rumors or the emotional aspect of the investors.
And personally I do not think this will change much in the medium term, because the decentralized aspect of the market prevents it from being intervened by regulatory authorities that prevent the speculative manipulation of prices.
it will be very difficult because of the many factors that influence it, Bitcoin price volatility is also driven by various perceptions of the intrinsic value of cryptocurrency as a store of value and method of value transfer. The function of bitcoin as a store of value is to store assets that can be useful in the future by considering several possibilities. |
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Lately I felt that I've been gambling a bit too much, it evolved into a weekly event where i would spend a little bit more money than I had originally planned for. I've decided to take a break from gambling for a while, it's been 3 weeks since my last bet. Just wanted to make this post in case someone else has any problems with this, spending more than intended, I mean. You just kinda get into the habit without noticing at first, but you should really take immediate action when you do. For me it was just a couple of hundred euros overspending, maybe for a month or so. Quitting was pretty easy, just replaced the gambling with a bit more gaming and writing articles. Having a bit of extra cash now as well, always comes in handy Definitely share your experiences with this, if you have any. In addition to skills, feeling good and good luck gambling also requires a positive mood, preferably in gambling we must wait for a good mood, because emotional will tend to be stable and will also affect good feeling, do not force play when the mood is negative. our brain doesn't have to work, it's a good decision, gambling does have a positive and negative impact depending on how people think, pausing is a decision to rest our brains in making new strategies or trying to stop. |
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Scamming had always existed long before the Advent of cryptocurrency. Cryptosphere arrival only created another platform to would-be scammers to continue the act, so this is nothing new other than people have to be less greedy and more careful not to get scammed.
if you say the anonymous nature is a powerful weapon for every scammer, the huge value in crypto is the main goal because they don't need to work hard to get big money... |
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We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
Crypto's popularity is one of the opportunities for all parties from various fields, including the people who make new exchanges that are expected to get enough users so that there are many new exchanges popping up in digital currencies, there are positive things but many make an exchange site as a tool to steal our money as a user so we have to be careful... |
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What are some of the mysteries you are curious about?
For example,
Who are the whales
How is the market manipulated
And so on
Can be any story about your experience related to crypto markets
From the over all sentiment to the big idealist/realist goals we are headed from and to
My curiosity is how the whales are playing between each other and how analysts see these behaviour and how they find it
popularity and controversy is increasing which causes many people to flock to find out who exactly is the originator of this digital currency until finally prices can be very high, not only that even the mysterious figure of the creator of bitcoin is the object of research by experts to explore further. |
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The moment all the countries convert to crytocurrency would be the beginning of many amazing things to happen to the world and the financial sector, the process sending and receiving funds worldwide would become very fast and easy, it would lead to growth of businesses and make life easier for citizens of the world.
I agree with this. The currency will come to a new face. The cryptocurrency will lead the world and help everyone to have a better life. Easier and accessible transactions will be done at the same time fastest way. This will help our daily task to be an instant. This thing is not impossible to happen so lets just hold for now. this will facilitate transactions between countries, and will not complicate those who are indeed interconnected between countries, not only that countries can freely trade their goods with bitcoin payment instruments that can be used... |
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Yes they know the fact about the cryptocurrency, if there is no growth they never turned to the crypto side. Because they know the real fact behind the crypto market. First the price starts to decrease after a long time it starts to increase. Thats only happening now in the market. Long time there is no growth in the market, today the market starts to increase, hope this will continue in future also, so if you have funds just invest right now.
they may have felt the benefits of crypto so investors continue to grow and they believe that crypto will become the future. |
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My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.
Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.
this is really a very great decision, meaning that you really believe in bitcoin, indeed by the end of the year many predict that prices will rise, and if you succeed, chances are you can get huge profits, but if it fails you will be very... |
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This is what Wall Street call "price discovery". Its the point where they cant suppress the price any longer.
But the issue remains: will it go up from there? Will this bottom go up? Or will the price keeps swinging over it?
We’ve been here so many times this year, and seeing the previous price movement, always a bounce back after hitting this level. Maybe the theory of the OP is right since the support level are strong between the price range of $5k-$6k where buyers and sellers agreed the bottom price. No one can answer your question but as an optimist hodler, Maybe we see a new bottom but I know it will to rise again. IMO institutional investors have buys just under the $6000 mark. Which is why it's holding above that level. What is missing is retail investors - they've been scared away by the price drop from $20,000 plus all the drama with fees at the end of last year. this means that there is price manipulation in the market, otherwise how could there be a large enough increase after that back down to the previous price? |
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Its good that you dont like investing in the ICO's because they are very risky investments anyway. The world has moved very fast and time has come where only coins with potential to grow and listed on the CMC or exchangers will give us best benefits. They are also not much risky as we can always trade them over the exchanger if something goes wring.  So the best bet would be holding coins like ETH, BTC, XRP, NEO, EOS and WAVES. Four of them are platforms for the ICO and it is suggested that with the time all of them will have nice investor base so they will rise in the value eventually. So better try them out and keep them holding. BTC is out of question so it must be included all the time. it's hard to predict if we see which coins are better because I think some of these coins are good but we have to look at the potential of the next few years if we invest long term because not all coins will be good for a long time... |
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