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201  Bitcoin / Bitcoin Discussion / Re: Slovenia getting ready to tax crypto. Will others follow? on: October 31, 2021, 03:30:10 PM
Right here in the Philippines, we don’t have specific tax guidelines on cryptocurrencies yet despite that we are now one of the friendliest countries in this industry. But for now, they said that any realized earnings are subjected to tax (crypto to fiat conversion). It would be so ridiculous if any country in the world would tax even unrealized value of the assets (but what if the price crashed down to Earth?).
Especially this tax rate is quite fixed and in crypto, the number that each user converts as well as invests is absolutely not small, we always convert a large volume with great value, stick to large conversion costs then a very heavy fixed fee on the property, accepting such two parts of the cost, our assets have probably lost a lot of money after the conversions. Not so feasible and when thinking back on the benefits, governments are being quite selfish as they don't invest and contribute but still want the benefits, very against this and users when required to declare tax will evade because crypto allows anonymity
202  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Binance Coin (BNB) reach $1K? on: October 31, 2021, 03:14:33 PM
It seems to me that this will happen sooner or later. The BSC is very much used and the decrease in coins in circulation will sooner or later make itself felt thus we will see that the price will exceed 1k dollars. I think the price of 1k will be already in the next cycle of market growth.
Agree, Binance is a consultant and broker of many successful projects, after deploying a world of their own, besides using BNB as a cost, their sublimation is continuous and strongly motivates investors, for the cooperation to benefit from such project lines, almost everyone is embracing a lot of capital in BNB. 1k$ is a fully available path, what to complete is only valid procedures, this validity can come from some new advertising, coin burning or better yet, experiment with another trend
203  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Cardano hit $3? on: October 31, 2021, 02:59:24 PM
Seeing the trend that is happening with Cardano I'm optimistic the price of $3 can be achieved, maybe in 2022 because the last few days Cardano has continued to fall and a week has fallen more than 9%, always being optimistic is the most important thing to be able to get big profits from Cardano.
We don't need such optimism and doubts, the price of this year's highest ADA has touched 3$ and what creates this value comes from a belief in innovation and technical improvement, it's not just an exaggerated movement, it's purely ADA's power, 2022 will definitely have many other beginnings, instead of this one old milestone. The past few days have not been good for ADA just because a few other market trends need capitalization and investors are also taking advantage, after these highlights have evaporated, that would be a quick return from ADA to most potential altcoins
204  Bitcoin / Bitcoin Discussion / Re: Russia doesn't wants its citizens earning with cryptos on: October 30, 2021, 02:58:09 PM
I was under the impression that Russia is a crypto friendly country but from the above I can see they aren't, why the government trying to be hard on crypto, till now I don't think I have come across news of Russia being negative towards crypto, too bad for btc lovers over there, they will definitely find it difficult to operate crypto.

Russia has never been crypto-friendly. Rather, the Russian government, headed by Putin, never cared about the people, and this was clearly expressed in this interview by the official. Putin is only interested in his own greatness. Previously, he expressed a different attitude towards cryptocurrency, but when it came time to make an appropriate decision in the text of the law, he turned out to be one of the worst ones that were adopted by states. As long as Russia is ruled by the Putin regime, the people will not have the right to freely use cryptocurrency.
Just relying on the Russian government to say that the country is not friendly to the value of crypto is extremely wrong because from quite a few survey indicators of crypto participation and mining, Russia is also standing in the top countries, maybe Putin is more greedy about greatness but behind greatness still needs the approval of people in that country. The lack of freedom here is just a political stance, too many countries have thisism but the problem is that people are still used in the most private way, instead of being severely punished openly.
205  Other / Off-topic / Re: Facebook Plan To Rebrand Name To Meta on: October 30, 2021, 01:29:20 PM
Nothing will really change despite the rebranding since it's still the same set of developers and  even with a new concept or idea their users will find it quite difficult to adapt and even they do it would take time. To me the rebranding isn't necessary
When you think about the unnecessary rebranding, it's using the user status while the Facebook group managers are using the business owner status and implementing a new paradigm, once this key model is strong enough, it will be a new form of business, from stock value to other ambitions in the future, it will definitely be a plus as well as a piece of paper to approve many other contracts. Just by looking at their names, if crypto is enough to deal with most governments, Facebook will randomly monopolize the metaverse brand.
206  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin is good. It’s hard to persuade parents to invest in it. on: October 30, 2021, 12:59:28 PM
Many parents are too conservative to want to understand cryptocurrencies. They are used to living their own lives and deny everything new and incomprehensible. Probably the best way to let them know that the cryptocurrency market is a great place to earn money, show your profit, withdraw it to fiat. This way it will be clearer for them and they will understand that money can be earned without leaving home.

It's normal when our parents age is more than 50, i'm not blaming them for being denial because they don't even get the digital knowledge when they was young so they would not know digital assets could be worth so much in this current era.
The only way is let them think their own way and don't ask money to them if we want to invest on crypto but earn it by doing airdrops or bounty then the rewards allocate it for further investment.
Their knowledge has long since rotted and is no longer up-to-date on the digital spheres, and their original investment channel is that of gold and real estate, sometimes I also try to express opinions and analyze these assets and tell them the disadvantages, my parents still criticize me heavily and realize I don't know anything then loudly. Allocating more crypto will only make them louder and more complaining about the troubles of digital, instead of listening to bad talk and quarrels in the family, it is better to have a plan with our own money
207  Alternate cryptocurrencies / Altcoin Discussion / Re: Community means everything on: October 29, 2021, 06:12:51 PM
what would happen if the crypto space without community support, maybe not only Shiba, bitcoin and ethereum would not be as popular as now if without community support,
shiba is supported by many communities, so it's only natural that shiba is so popular this year, but again I say meme coin is not good for long term investment.
Well, the original natural seed that wants to grow also needs someone to water it, then add fertilizer as well as dig the soil regularly, the original cryptos also took the form of seeds, once without the contribution from true farmers, the seed will not be able to germinate and turn into a tree, it will only become waterlogged and wilted seeds. Another use from the farmer community is to revive almost withered seeds, Shiba can be classified in this category, from the ordinary to the extraordinary and the mutant horror, once Shiba is no longer passive and will be self-sufficient, this tall tree will no longer be knocked down even without a strong community.
208  Economy / Trading Discussion / Re: Trading with leverage on: October 29, 2021, 05:53:45 PM
If you are new to market leverage is not a good option, it is suitable for advanced traders if you are seeking experience and actual market experience you can have that in spot trading the only difference I see is that you will lose instantly your money in leverage trading if you don't have any actual trading experience.
Many traders with intensive training, after returning from such training, leverage seems to have been ranked by quite a few people as the hardest foods to swallow in the trading market, they have arrogance about knowledge but also because their manners are serious and know how to admit right and wrong, they appreciate risk and know leverage is not always the game for them. Casual and beginner traders are not qualified to participate in such courses and when the knowledge base is weak while eager to show off, all fail very quickly with the leverage
209  Bitcoin / Bitcoin Discussion / Re: TV Commercials & How they attracting more clients in crypto industry. on: October 29, 2021, 05:36:40 PM
I feel like TV commercials like these are not so impactful anymore, i for started don't watch TV that often and even if i do i really don't pay attention to commercials and then i don't pay more attention to commercial about digital stuff and i consider myself a tech savvy let alone someone who has never used bitcoin or crypto and does not have any idea about it, so how you are gonna convince a random person to try it, i believe for once it is through free things, life offering a huge discount if you use their app to buy with bitcoin or you get free dollars if you sign up, or something along that part.
Today's TV commercials only cater to domestic products and companies, most commonly seen topics are high entertainment movies and shows then demand for daily breaking news, besides, the censorship is also thorough to avoid internal conflicts and other parts, which makes crypto ads can't get in. It's not just a matter of space to interject, the more important issue is still the user's perspective, modern social networks are people's world right now, from shopping to necessary information are updated by the internet network, especially the affordable cost to pull almost all the projects focused on this
210  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I Predict $20,000 for dogecoin in 5years time on: October 29, 2021, 05:20:11 PM
For a coin with such a huge supply, this is definitely not happening!! Just so you know, dogecoin reaching 20000 dollars is like saying bitcoin will be worth over 1 or 10 million dollars that's how absurd these numbers are and a time frame of 5 years isn't enough either as dogecoin is currently only worth a couple of cents. For dogecoin to get to $20k will need a huge investment into this project and maybe token burns to reduce its supply and push its price up.
It is very sad that dogecoin burn stages are not in its future roadmap and many rumors dogecoin has been an abandoned project by its creators, when crypto engineers have felt backward and can hardly make new progress, the survival of dogecoin now depends only on the affection of the community. Although the community can fill dogecoin's shortfalls to help it excel but the lions of the same dogecoin territory are getting ferocious while the old king dogecoin's teeth are very worn and falling out too much
211  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Shiba INU tokens continue to rise? on: October 29, 2021, 05:05:56 PM
Seeing Shiba Inu everywhere, makes us feel the hype is running smoothly. There have been a lot of things that have been going on lately, besides the increase in the shiba, this has also made new traders know it immediately without thinking about buying when prices are rising. They assumed that the increase would continue. Whether this was dangerous enough or not, they just needed to take advantage before the Shiba Inu market was breached again.
There is no good advice to buy when the price is green.

Inevitably, traders do not want to miss the hype with others. There is always a risk behind carelessness.
Shiba's latest show is going really smoothly and with such community flames, it's highly likely that Shiba will last a few more weeks, even months until the fuel sources are exhausted, perhaps the cover of a memecoin is slowly being peeled off and after losing its ugly shell, a raw gem is being revealed to the outside. Once this gem turns into something meaningful in terms of product and community convenience, we can imagine a terrible price tag and this is equivalent to the community will produce more billionaires
212  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin - a joke or a way to make money? on: October 28, 2021, 05:58:06 PM
Dogecoin is a joke coin that is also a way of making huge profits. Here there is Elon Musk who always supports Dogecoin Very happy if you follow the dogecoin chart that continues to rise.
Actually, joke is not the first definition for dogecoin, it is the definition after the clown Elon Musk announced the performance, he contributed a lot to this hateful joke, which went from initial undertones to more advanced ones and turned the tide with smiles and deceit, although under his support, dogecoin became a magic horse in the crypto world but his tough joke style suddenly became a brand with such funny support. And the brand represents the future but remember that making money with jokes is quite dangerous and can bleed when we are careless.
213  Bitcoin / Bitcoin Discussion / Re: Banks either adapt or face death on: October 28, 2021, 05:32:18 PM
Most Banks are centrally backed up and do you think that government will allow banks to die so easily if they are not accepting bitcoin? The fiat is widely used and accepted by all and the world trade is done in it and bitcoin can be used as alternative to it because it's still long when you would see fiat out of circulation so easily.The bitcoin is technical money and you need to educate the world for it as still lot of population is unaware about it's working and how to store it and they still prefer to use traditional cash.So i would say at current it's alternate and whether banks accept it or not they are not dying anytime soon.
Can't die easily with government funding but it also doesn't mean that banks are immortal, once their services lose a large number of customers while maintenance costs such as staff and facilities are too high, they can also just declare decommissioning, especially when bitcoin education is rapidly integrating into the community, withdrawing capital from banks to invest in bitcoin becomes more common. When there are signs of such a threat, the government cannot turn the situation around, so banks need to adapt and collide with bitcoin more to find common ground for cooperation
214  Economy / Speculation / Re: Why Does BTC growing faster?? on: October 28, 2021, 05:16:17 PM


Why does btc growing faster than other Cryptocurrencies?

What makes people chooses bitcoin?

Does bitcoin going up forever?



Bitcoin is leading the market and people trust bitcoin more than other crypto currency. It is the most well known crypto currency among the people and it has different usages all over the world. At this current stage, Bitcoin is a great investment too. It's normal to rise the price of Bitcoin now.
Yes, the official headquarters of companies always have more roles and responsibilities and the main base here is bitcoin, it gathers the biggest shareholders and holds the most power while other facilities are just splits from major shareholders and part users, it only takes on a few basic roles and challenges new features, in general, can go bankrupt when unfavorable while bitcoin will be protected as a last shield. However, as a place of tradition and few new features, the advantage of bitcoin is only long-term, not to be called a rapid increase and also unlikely to forever increase.
215  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof that airdrops never work ... on: October 28, 2021, 04:59:19 PM
Aidrop is just a free coin token and we can't do much for aidrop tokens so we'll just spend time there, so let's just forget about aidrop and we're just hunting for bounty
Not all of them are also dead, because among the many Airdrops that sometimes become scams there are also very good ones and deserve you to hunt, and this is also almost the same as bounty hunting which sometimes can also be a scam in the end.
The result of the hunt is decreasing markedly every year as the marketing system as well as the project has cut costs to optimize more in terms of technology and human resources, compensating for the fun of the airdrop are question-answering activities and live seminars between partners, rewards only for those who deserve it. Perhaps future vacancies will not have room for airdrops, it accelerates project destruction too quickly, quality will be enhanced by safer and more useful methods
216  Economy / Trading Discussion / Re: Weekend Trading, how do you feel about it? on: October 28, 2021, 04:44:13 PM
Hello friends happy weekend to you all.

What do you think about Saturday and Sunday trading Huh
Honestly, weekend trading is the most difficult thing I can do right now.
Commonly, the weekend market will be very volatile and it is very unpredictable. So, I will prefer not to trade much on the weekend.
Although it depends on our own strategy and tactic, that is me. I always feel difficult to seek for the gap and also to get the chance to take more profits.
Well, maybe the weekend is the right time to refresh our mind and take some rest in order to come back again with better thought and condition  Cheesy
Indeed, during the working days of the week at least the signals are still relatively telling us the trend but for the weekends, it seems to be a summary report and when summed up, a lot of signals are formed by whales and investors with their own purposes and when the forces begin to rush towards results, our random stumbling blocks relatively infuriate them and we unlucky enough to fall victim to revenge. The excitement should be reserved for the first days of the week, combined with rest during the weekend to relieve pressure in a job with too many thoughts such as trading.
217  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Musk the boss behind SHIB? on: October 27, 2021, 05:00:02 PM
An official statement from Elon musk that he doesn't have a Shib Inu, maybe this is a statement to make Shib holders not worried because without Elon musk the Shiba inu actually skyrockets, this is proof that the Shiba Inu is a good coin and doesn't depend on Elon Musk like the Doge.
He also claims to officially sign a contract and work with bitcoin but then officially cancel it, which is similar to being involved in doge, advocating then reversing the mindset of the matter, up until this point, except for himself, there has not been a single case of the appearance and disclosure of Elon Musk's wallet. Each token is too much anonymity and mystery about the characters at the back of the project but don't care too much about the identity of the boss, what matters is which side the community is on, against or vice versa
218  Bitcoin / Bitcoin Discussion / Re: HODL, HODL, HODL when can one actually sell Bitcoin? on: October 27, 2021, 04:42:05 PM
Hold of course as long as we feel there is still a chance to skyrocket, and unfortunately today the market is red again, in investing of course we must have a clear goal, the most important goal is to profit, if we are still losing or there is an opportunity for even greater profit then hold is better option than sell.
But if skyrocketing always invades our perspective and thoughts, I probably won't find the end of my holdings and profits like a boat that doesn't see land and doesn't know where to retire eventually, there are many people who think a specific goal will solve the problems but it is a case of not paying attention to the market, once we have the attention, we always move that goal further after each old goal is completed. In general, we should not let the ambition of holding remain too strong, we need to moderate it and sell it when it is profitable so that the perfect money returns to the real world, instead of an unreachable virtual thing like crypto.
219  Economy / Trading Discussion / Re: Never Be in a hurry on: October 27, 2021, 02:40:31 PM
I think this depends on different cryptocurrencies. For investments that are considered risky, if we do not know how to take advantage of the opportunity quickly, it is likely that the opportunity will not return again, we need to make a decision in a short time. Of course, in trading, we need to plan before we decide, but sometimes making hasty decisions will also bring some benefits.
Well, although we can stand on the forced and risky nature of a project, we can rush and succeed but a few random times can exchange such luck, continuing too much will be a chain of side effects, sometimes we will rush by instinct and habit to most projects and was returned a bad result. Therefore, if we can already categorize projects and mark urgent and non-urgent codes, we should also be clever, take advantage of projects that are considered no rush, thereby exchanging a best result, instead of standing on risk in exchange for success
220  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Harmony ONE can go to 1$ on: October 27, 2021, 02:13:18 PM
This project is awesome, im pretty convinced as well one day we will reach 1dollar. Only a x5 is nothing for such a great project! #HOLD I feel like I'm gonna be rewarded for not paper handing.
Harmony is a very successful project with extraordinary marketing so it deserves a hefty price, because it is still very commensurate with what the team has worked on in the past when it was still in the promotion stage.
To be honest, the extraordinary marketing you speak of seems to be something I no longer recognise, maybe in the past ONE team had a lot of interaction but currently, the ads about ONE and its partners have decreased a lot, most of these ad positions are being replaced by NFT, Defi and some prominent ecosystems and projects, of course, the initial potential factors still help ONE's value increase relatively even with few ads. In my opinion, to be more successful and at a more expensive price point, ONE needs to be more comprehensive in terms of the ecosystem as well as design a new route when new products are causing too much competition.
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