Anyone bought drugs with bitcoin and what are you thought on the subject ?
i know i have used bitcoin to buy psilocybe cubensis thank you bitcoin i cold have not done this without you now i can trip watching corry & eastenders in the evening its such a sight.
It is not the bitcoins fault that you use it for these kind of purposes. In reality, drugs have been bought using fiat since the beginning of time so I am not surprise that there are users that buys drugs through bitcoins. Both are in demand in the market so I guess it is a fair trade (regardless if it is moral or not). My question is: Was it worth it? I mean bitcoins' value increasing and what if you just hold your coin until the time you can gain more money? |
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I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
Bitcoin is not bad. It is the people that uses bitcoins that are subjected to bad and illegal stuff. Since the government has no control to what the transactions lead to, the only thing they can do is to ban it in their country. I do not know how did they manage to completely ban it (or if they can) but I think some user can still use bitcoins by using different IP address or using the right browser/software. |
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I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
Those other crypto currencies have been controlled by a central body unlike bitcoins which is open for all. It gained popularity ever since because it is free and made originally to escape from the banks and other financial institutions. Right now, its market value is 5705 USD. This have increased from the past months because of increase in investments. |
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who among you here heard bitcoin back in 2009 and 2010? I was one of the people who is very skeptical about it and I really regret it.  I missed the best opportunity for a lifetime. Lucky me and my ignorance. I am not aware anything about cryptocurrency in that time. I can't blame those who are skeptical to bitcoins because even I have some trust issues regarding to online investment. But then bitcoin grew and many of those people regretted it now. You can still invest in bitcoins right now, because its value will still increase. |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
Hypothetically speaking, if all governments in the world will ban the use of bitcoins, many BTC investors will complain of course because their money will all go to waste. It will create dispute between sectors of the society. I won't know what are the possible solutions but I am pretty sure that the online community would be the first one to propose solutions. |
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I want to try open Bitcoin Business. This cause I just have this question. I wanna know is Bitcoin can give a better world and future.
Bitcoin can unite the online community. It can caused the users to gain from their investments and open more opportunities. These opportunities will create more investments and improve life because of high income. This is the good side of globalization that can be seen in many third world countries nowadays. |
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I am not surprise that even the Microsoft started accepting bitcoins as a method of payment because of its popularity. They will adapt at the current market demand. And this proves that bitcoins is not entirely focus for investment but also as a currency you can use. I think more big companies will also accept bitcoins in the future. |
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Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today. I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/What's your opinion about BTC as a currency or an asset? Suggestions and comments appreciated   In my country, bitcoin as an asset is a lot more observed than its nature as a currency. The reason behind this is that investment is more proposed to users than the services or products you can buy with bitcoins. The volatility (as quoted above) is the unique feature that makes Bitcoin a good asset and form of investment. |
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So now that the price is dropping, do not fret as it's the perfect time to buy! with bitcoin once again in the 3000's $100 will go much farther now than it did just a few weeks ago. You can possibly even buy your way into the larger investment level right now and ride the wave! Capitalize on this moment to double down. Even if it lowers a bit more it's still in our favor. because as soon as this insecurity is gone Bitcoin will make another run and my guess is that it would hit 6000+. Especially with bankers buying it up while denouncing it publicly. Getting to your first coin is a milestone and will allow you/me/all of us to participate in the community at a whole new level and from a new perspective. Act now! Thoughts and criticisms welcome. Update: Thank you all for your responses and support! I made a continuation of the ideas of this forum covering broader topics and trends concerning small investors. Please post there now: https://bitcointalk.org/index.php?topic=2219459.0Investing in bitcoins is perfectly matched for small investors. Bitcoin has lesser paper works and other requirements compare to ordinary business investment. Bitcoins are also non-taxable so you don't have to worry about the government. The general rule is to buy btc when its market value is low and hold it until the demand increases again. |
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As the age of cryptocurrency comes into full force, it will facilitate a subversively viable taxation avoidance strategy for many of the technically savvy users of peer-to-peer payment systems. In doing so, cryptocurrency use will act to erode the tax revenue base of national jurisdictions, and ultimately, reposition taxation as a voluntary, pay-for-performance function. In this post, I cover some of the benefits such a strategy will have for cryptocurrency investors, why our notion of taxation is ripe for disruption, and why cryptocurrency taxation is enabled by default. Read The Full ArticleThere's only few number of people who uses bitcoins compare to the global population. The issue you mentioned will not be reflected in the present society. Income from bitcoins is not taxable and it's a high amount. That could be the reason why other counties ban bitcoins. They are paranoid that if more of their citizens invest in bitcoins and earned a lot, there tax revenues will diminish. |
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What are the chances of living in a world with no actual money ?  Cryptocurrency couldn't fully replace fiat in the present time. Crypto must first deal with its unstable market value before everyone could accept and recognize it. But I am not closing the door for crypto. I can see a futuristic view when it comes to digital money. I can imagine a world where the techs are advance (sci-fi) and crypto currency leads the economy. |
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I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
They are skeptic of bitcoins. There goes the saying that if it's too good to be true, it would be a scam. I cannot blame them. They are not that kind of people who accepts the risks and wait for a long time. They are the kind of people who work from 9 in the morning to 5 in the afternoon. When you invest in bitcoins, you need patience and timing. That is what they don't fully understand. |
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I need your opinion about having bitcoin for payments in online games, it is good or nah?
Using bitcoin as payments for in-game items and upgrades is very useful since many people are capable of technology devices though bitcoin and online games are done by computers.
I thinks its very efficient for me as a gamer and a bitcoin user to have a transaction or payment like that.
Having bitcoins as one of the methods of payment for online games carries both advantage and disadvantage. It would be a lot faster and cheaper to use bitcoins but the value of bitcoins is so volatile that the gaming companies might use it to profit more. They might just open the payment method only in the season when bitcoins reaches peaks and closes the market when bitcoins are sloping down. |
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
Yes there are other cyptocurrencies popping out in the corner but I don't think they would ever cause the end or replace bitcoins in the future. Bitcoins had already showed its legacy and popularity in its high demand. Even though it's value is already high compared to previous years, it's not yet too late to invest because it is still volatile. All you need is the perfect timing when to buy and/or sell your coins. |
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already china has banned bitcoins is there any chance that other countries may ban bitcoins?  There would be a chance that other countries like North Korea and Russia will ban the use of crypto currency because these two nations share the common interest with China. I think they are scared of it because it is something so powerful and they know that cannot fully control it. No doubt they don't want to waste their time and resources because of the risks that bitcoins can deliver. |
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Let's Bitcoin takes off. Say you lived in the US and had an online service that dealt in the equivalent of ~20,000 USD or more income for you (personally). What are the laws for income tax on a currency like this? Can you get in trouble with the IRS by simply having tons of BTC that the market values at (currently) almost 5$ per BTC?
Apparently, the most counties does not regulate the use of bitcoins so it is not taxed. The government may see this in the future worth dealing with when bitcoins stabilize. But for now, bitcoins still have risks that the government won't take. This is beneficial to us bitcoin users because we can have more profit and less paper works. |
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This is not the first tragic story I have heard since when the bitcoins became popular. It is so sad to think that whenever there is money, there are also thieves. To prevent this from happening again, I advise to everyone to use offline wallets. Your personal computers are prone to mischief like keylogger. You should also be aware of the things you download and the programs that are installed in your computer. |
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This is my waves wallet: 3PFVnSoSdEEQjWW6dZ8rSceQs92icUpewhs
Thank you sir!
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Payments have been sent to those who qualified
Thank you Sir! |
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