Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?

I'm very sure, in the next 5 years Bitcoin will be increasingly crazy, Bitcoin will be a coin that has a very high price. don't sell, hold until 5 years

This is a legal issue no one has been able to answer me about

If you win bitcoin with investment, it's easy to declare

What about bitcoins you earn from jobs  ( bounties, regular incomes for helping teams in moderation, etc.) ? It is a job and an income but in bitcoin, so how is it considered and declared?

Has anybody sold BTC for CASH in the United Kingdom?

 - How do you pay/calculate your tax?

 - How does your Bank react?

 - Do you need a solicitor?

 - Have you ever had any trouble with Law enforcement, because of Bitcoin trades?

I am not sure that this section is right to post my thread .
my question is :
since it was already fixed by the bitcoin owner network that 21 millions bitcoin can exist in the whole internet
But now I heard that now the mining of the bitcoin will be unlimited , I mean unlimited bitcoin will generate by the bitcoin network .
If this is real news then the value of the bitcoin will go down speedly
It is because the supply is unlimited so it is simple to say that bitcoin price will no more increase rapidly ., so no more profit

what's your thought guys

It's the latest in development from the country of Nepal which started nabbing bitcoin traders for fraud. Can be sentenced to upto 3 years in prison.

http://kathmandupost.ekantipur.com/news/2017-10-06/7-nabbed-for-running-bitcoin-exchange-business.html

First case of bitcoin related arrest in the country.

I checked my coinbase account this morning like any other day, but today i saw an unauthorize withdraw transaction out of my account. I call coinbase and spoke to someone and got no definite answer. Can someone please help me how to resolve this issue?

Will it hit 20K $ by end of 2017

Hi guys,
Just curious.
I bought a little bit a few months ago, for the first time, for the sole reason that I want to invest in Bitcoins, and get a profit after 5 years, maybe 10 years.
So I would not need to check the price everyday, as it is of no use for me. But I do, can't help it!

I am not the only one I guess.

Bitcoin has been soaring over the past few months.
The argument between "is it too late to buy Bitcoin" vs "is it too early to buy Bitcoin" was debating among lots of hedge funds.
Some think there will be a big price correction later at a certain point, the others think the blooming will still continue going on no matter what.

What do you think?

I've heard that 7 forks based on BTC will be launched in December, what's wrong with those guys? Let me know your thoughts below.

By the way, I have a analysis of BTC, BCH, ETH, ETC, LTC and altcoins.

BTC:
BTC price has been moving in a broad range in the past 3 sessions and forms higher and lower shadows with increased volumes, indicating that turnover rate at present level is extremely high and the adjustment in price fails to prevent investors from rushing into the market.

Let’s take a look at the chart (as attached):

At present, price is in a triangle consolidation pattern and shows signs of breakout on hourly chart. Judging from volumes and momentum, however, such breakout will be short-lived and can’t be seen as an effective breakout, therefore, BTC’s still considering the further direction.

Strategy for our operation today can still refer to our 5-Day MA strategy. If price fails to remain above it, then an adjustment can be basically confirmed. However, if price gets support at 5-Day MA and starts a rally from there, the validity of 5-Day MA remains intact.

BCH:
Main funds of BCH chose to follow BTC’s price action, therefore, BCH is likely to start a minor rally after testing support level in the short term, for day traders, sell your positions when price rallies, otherwise, just hold on to your BCHs and uninstall your APP.

ETH:
Fork, scheduled on January 1, is coming, which is interpreted as a bullish news because” candy bonus” is free from tax. Overall, the range for the gains in price in this wave of uptrend seems normal. when ETH price was pulled back to precious highs, it seemed to be a good chance to buy in. However,

since all major coins are connected to BTC price, we must wait for the final decision of BTC on its further direction before setting positions for other major coins.

ETC:
Just like ETH, further direction depends on BTC’s final decision as ETC hasn’t shown signs of an independent trend.

LTC:
LTC witnessed the least gains in price and a relatively small range for pullback in this wave of uptrend among major coins.

Altcoins:
We can see a broad rally in altcoins prices for now, shortage in funds still exists as major coins take turns in increasing their market capitalization and forks around BTC will come in December one by one. Therefore, chances for further gains in altcoins prices will emerge when BTC and major coins step

into a consolidation phase. If BTC regains traction and moves upwards, sell your positions set for altcoins when their prices climb and hold on to your major coins. If major coins get stuck in a continuous consolidation pattern, minor positions for altcoins can be set.

Original by Kuang Ren, translated and posted by AICoin Jami.

I think the peak of bitcoin is around $8000-8100. It never went up beyond that, do you think it could? Right now its below $8000

Chart from 2014, when Bitcoin was $300, predicted price of $10k for today — Nov 22nd, 2017.  

We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).

Next milestone on chart: $100k in summer 2021.   And next: $1M in 2027.

I don't have much of bitcoin to sell it below $100,000 - and will probably do this one year after.
Still have some doubts.. Maybe $200,000 will be a better point?
Please give an advice, your opinion is important!!

PS. It's not a joke. Please be realistic while estimating..
Gonna bring up this topic close to X-Mas 2018.

What Ways you are using to Promote bitcoins in you Locality?
1. Well I am Promoting By Accepting Bitcoins on My shop and Telling everyone to use Bitcoin
2. By telling Bitcoin daily Price only... Its rising every day
3. Wearing Bitcoin T Shirts
4. Show off my Earning in Bitcoins
5. Show off my Profitability By holding bitcoins


I want to check other diff way to promote in locality not on Internet
Just to aware local people who living nearby

It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.

Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?

I've just sold my Bitcoin Cash. Feeling much better now. Ready to get into BTC again. That's where I made most of my gains. I was blinded by the surge in BCH some time ago. BTC is the way to go!