Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?
For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
If you're smart you will be strategic only. What kind of f'ed up logic do you use? A smart person analyses his/her situation and decides which way to go instead of blindly following people. Strategies are meant to be a barrier breaker to your goals that you want to achieve, as in this case to get profit and survive on long term. |
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That's going to cause another panic sell, people who use bitcoin will have no other option but to sell their bitcoin and stop their business involved with crypto currencies now. I believe they can go to India and resume their crypto currency activities ,as there is no political issue with India and Nepal, and India doesn't have a issue with bitcoin as of now, so people in Nepal do have an option. |
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I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.
Situations like this is gonna occur Every now and then and you are somehow going to see some random idiots panic selling their crypto currencies. They sell and the price goes down and then the whales, the investors, the brokers and all those who don't panic sell their crypto will reinvest. There are also people who sell their cryptos first and then buy again at a cheaper price to get good profits which increases the units of the coins they hold. |
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Bitcoins can be taxable and it will be implemented by the government soon enough. You can avoid tax by investment, because in a few countries what income you have left after investment is the tax you have to pay for. Like what I mean is, let's say your income is around 100$(just an example) and you invest 30$ in some shares or something else, the tax you will have to pay will be for 70$ and not for 100$,then again I am not sure if all countries follow this. This is totally different than tax evasion, this is avoiding of tax. Tax evasion is that you don't pay tax at all which is illegal in the every country where there is tax.
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So now that large Banks and investment firms are starting to get involved, do you think they will try to manufacture crash and correction scares to trigger more doubt and an exodus of "the weak hands"? For some reason I feel like we may see this kind of game play involving bitcoin, unless the exchanges try and do something about it. I know many exchanges have limits to help both themselves and market fluctuations. But imagine a massive sell off that kpe bitcoin at the same price for years or made it go down severely enough to trigger worry among even veteran users. is this possible? should more precautions be taken against greedy abuse of the system. is the system already to resilient to be messed with by them. thoughts please.  Banks are getting involved with block chain technology is because they are interested in it and a unique terminology they haven't seen yet. They want to develop their own crypto and oppose it against bitcoin because they don't like bitcoin but they like block chain at the same time, such a wuss, officials from centralized institutions turn out to be in real life. |
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Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?
Bitcoin would be the first compartment of the roller coaster, altcoins being the rest of the compartments. That is if the first compartment goes down, the others also follow it and when it goes up the corresponding result will be the same. There will be major or minor ups and Downs in crypto and this helps traders to buy and sell at a good profit. |
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I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
Bitcoin is just a currency that people prefer to use, bitcoin gives you anonymity and you don't need to present the proof of where you got the money from. Fiat can be beneficial some times and so does bitcoin. Bitcoin provides you peer to peer network whereas fiat doesn't. No one can steal your bitcoin unless and until you give your private keys to them or if your hardware wallet gets lost. |
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i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
Bitcoin ,if it becomes the main coin, then fiat will try to beat it and overthrow it, because like it or not people will support fiat and not bitcoin if there is a world wide poll, people don't like bitcoin because of one, it's related to technology. Two, the amount of FUDs against bitcoin and three, it has no government control. These might add up as a big part and people will be very must against it. |
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Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
Crypto currency has a improving and evolving market and, you have so many opportunities to explore for, trading, investing in icos, gambling ,so many things are there. Or you can even spend in real life by using a bitcoin debit card, I am not sure on how the technology exactly works, but have heard a great deal about it. |
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Obviously no shit, banks cannot be trusted with your funds because they will charge for bull shit reasons, but for the government it will be in their personal interests for loan purposes etc. It would be better if you have a locker in your home and store your funds because even when you store your money in online, it's very risky when the amount is big.
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In 2017,the price of bitcoin has created all the hype and the price increasing tremendously is also a reason why you should buy bitcoin. Buy now or regret later, technology is the future and crypto currencies play a major part in it, and countries seem to find block chain technology very much interesting, so it will be an amazing thing to see the two ends meet and to look out for us ,who deal with cryptos regularly.
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Which of these two is going to fetch higher prices? What do you guys think?
BCC has failed to get high enough to be called a real contender. Will the new one beat it and get closer to dethroning the king?
Are you dumb bruh? BITCOIN CASH has been way more successful than people thought it would be, hell people thought that if they keep on dumping the price will never cross 10$,well look at it's price. Well the credit goes to Bitmain and antminer, bitmain supported BCC and antminer helped miners to switch between BCC and BTC to get profits. If thats not successful for ya, then I don't know what is. Bitcoin gold, I don't know much about it but the name suggests that it will go to 300$ at least in like 6 months. |
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They obviously will in the near future, because taxes are the revenue receipts of the government which help to find the budget of the each economy for a financial /fiscal/accounting year. Cryptos are playing a big role in the markets and it's popularity has become vast this very year and governments will try to benefit from it.
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Yea bruh, no shit. A lot of people became rich by just holding bitcoin, I remember a story that I came across few months ago, saying that a guy paid some 5-10 bitcoin for buying something from a restaurant. And when the price peaked, he regretted his decision. There are now so many people who think that if they hold bitcoin for some years they will also get rich, but they don't see that, this is not how things are supposed to work. Pump and dump has been causing a lot of problems and this will happen in the future as well which I am afraid of.
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The total gold that has been mined till now and that's is circulation is 7 Trillion $. And the current bitcoin's total cap is worth around 70 Billion $ ,well that's a huge difference and it will for sure take a few decades at least for bitcoin to reach 1 Trillion $,but it's not impossible for bitcoin to surpass gold's capital, it's a long journey for it to happen, and a lot of barriers in between which makes it harder and longer for bitcoin to cross gold.
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BITCOIN vs ETH ? your thoughts ?
Bitcoin is better than ethereum any day man. Bitcoin is referred as king and ethereum is referred as queen. Bitcoin 's total capital is low which increases the demand for bitcoin and ethereum has almost 5 times of the total capital of bitcoin. So this reduces the demand of ethereum as the supply is more. |
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Japan is one of the very few countries that has been supporting bitcoin while other countries have been banning exchanges, icos and saying bull shit about bitcoin because of the fear they have against bitcoin. The investing ratio in bitcoin has been higher than ever and governments are scared to lose their people's capital being taken by means of scams. However, the price should be increasing now that Japan has endorsed exchanges and a rumor saying that China will be back on October 1 or something with implemented regulations. |
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Bitcoin Cash really confused me at which is the real BTC.
And the forthcoming SW2X is making a new puzzle.
BTW.
Question: Will the silver LTC gradually die after SW2X?
For the August 1 hardfork, a lot I mean A lot of drama was going on like what is a hard fork, what is segwit, will bitcoin die or will it's price fall, will bitcoin cash will be successful and even after getting answers to such and related questions, most of the people quite didnt understand and got confused. Segwit 2X won't be as dramatic as the one before and bitcoin gold doesn't seem like it's profitable other than its name, so idk much about it. |
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No government or a third party intermediates. No proof of source required for an individual. A better place for trading in my opinion when compared to stock market. Volatility will get you profit on a long run most likely. An amazing place to learn for techy and non techy people .
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Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down! Who will agree with me? Obviously, because bitcoin is not controlled by anyone or anything technically. The prices can be influenced but other than that, you can't do anything to bitcoin. You can ban, block the IP addresses of bitcoin related sites using a firewall, but that won't change anything. People who still want to use it, will figure a loophole anyhow and take leverage of it. |
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