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221  Bitcoin / Bitcoin Discussion / Re: bitcoin dominance to continue on: March 04, 2018, 12:05:36 PM
Now it is bitcoin that attracts the attention of investors. No altcoin has such rapid growth. The price of bitcoin is gradually increasing and the dominance index Reflects the market situation.A large share of digital assets is the first cryptocurrency bitcoin it is 42 percent. After the appearance of other blockchain services at the beginning of the year, this figure decreased to 35 percent. Respectively, the bitcoin exchange rate is also decreased. investors ' interest increases bitcoin's dominance. This will lead to a higher cost.
222  Bitcoin / Bitcoin Discussion / Re: How can we share our knowledge to the other people about bitcoin??? on: March 04, 2018, 11:21:55 AM
There are many different ways to disseminate information, including about bitcoin. This is the Internet media television. But beginners might not be immediately clear what it is and how it works.An effective way is to communicate with friends or forums. There you can get information in a more accessible form and simple words. Learn about the advantages and disadvantages of cryptocurrencies and the risks.
223  Economy / Economics / Re: About Cloud mining sites on: March 03, 2018, 12:02:56 PM
Cloud mining is beneficial for those who do not understand all the technical processes and software for this there is no need to purchase equipment.Napimer in countries where electricity is expensive more profitable to mine in a country where electricity is cheaper. This is the advantage of cloud mining. But there are drawbacks associated with the risk of this often enjoyed by scammers. For example, paying money to rent equipment. you can lose them because the scammers disappear immediately. Another drawback is the lack of control over operations.If the price of bitcoin becomes too low, it will allow the supplier to suspend the contract for the extraction of bitcoins.
224  Bitcoin / Bitcoin Discussion / Re: Tax on Bitcoin on: March 03, 2018, 10:31:01 AM
Some States are already considering the question of the taxation of cryptocurrencies. Some have already introduced certain rules. Others have proposed to declare the cryptocurrency. But the bulk does not have a clear policy.Cryptocurrency is not spelled out in the legislation. Therefore, the Declaration is not subject. In order to declare it, it is necessary to recognize it as property at the legislative level.Perhaps this can be done to complicate the transfer of funds received illegally.
225  Bitcoin / Bitcoin Discussion / Re: What makes Bitcoin valuable? on: March 03, 2018, 10:07:29 AM
For those who do not trust banks and traditional financial institutions, bitcoin is of particular value. The demand for bitcoins is constantly growing, it is becoming more widespread and therefore it grows in price.No authority can influence the price of bitcoin. This currency is decentralized Bitcoin is not subject to inflation and it forms its high price.Speculation also affects the value of cryptocurrencies
226  Bitcoin / Bitcoin Discussion / Re: Why China banned bitcoin? on: March 02, 2018, 02:08:05 PM
Some Chinese investors and financial analysts consider the ban on bitcoin a positive development.The people's Bank of China plans to develop its own national digital currency. If this happens then the ban on bitcoin can be continued. But Chinese traders will still use bitcoin if need be. They go to the markets of Japan, Hong Kong, South Korea and others.They have the largest cryptocurrency trading platform.The Chinese government will lose the opportunity to manipulate the market.
227  Bitcoin / Bitcoin Discussion / Re: In Germany, bitcoin was recognized as legal tender on: March 02, 2018, 11:19:01 AM
This is another step forward for strengthening the economy and developing Germany's financial infrastructure. Crypto-currencies are considered legal tender and will not be taxed.Cryptocurrency exchange operators will be exempt from paying taxes if they act as an intermediary on their behalf. Commissions are paid voluntarily in manners so they should not be taxed either.
228  Bitcoin / Bitcoin Discussion / Re: Leumi Bank Must Stop Obstructing Financial Operations Of Crypto-Exchange on: March 02, 2018, 10:33:24 AM
In Israel, there is a law prohibiting the conduct of gaming business. Leumi monitors web sites and block gaming transactions. The owners of these cards are forbidden to carry out operations associated with the gaming payments. Currently, the issue of the settlement of the new industry is being resolved. In casette with cryptocurrency.
229  Economy / Economics / Re: What happens if bitcoin price falls below the cost of mining it? on: March 01, 2018, 12:47:55 PM
The profitability of mining depends on the price of bitcoin. The higher the rate, the more profitable bitcoin mining. To improve the efficiency of mining will need to wait for price increases or get rid of competitors. In this case, the market will remain large players who have invested a lot of money in bitcoin farms.Otherwise, mining will not make sense. But I think this will not happen because the price of bitcoin will increase over time.
230  Economy / Economics / Re: Bitcoin bubble by Goldman Sachs on: March 01, 2018, 11:37:15 AM
Golden Sachs is the primary broker in the financial market. So far, it avoids serious participation in the cryptocurrency market.The banking giant believes that the connection with cryptocurrency and blockchain potentially carries risks for business and calls it a bubble and does not plan to trade bitcoin directly. In the future, if customers are interested in this direction, the NGO will still develop it despite the risks.
231  Economy / Economics / Re: Is Bitcoin Money or Currency on: March 01, 2018, 10:58:40 AM
Bitcoin is the first cryptocurrency. I.e. electronic means.They do not look like ordinary money and are not printed by banks. Banks can issue an unlimited amount of money to pay off debts. Thus devaluing its currency. It would be more correct to call bitcoin an independent payment system. Money can not call him because he has not secured and does not have stable prices.
232  Bitcoin / Bitcoin Discussion / Re: Why are you investing in Bitcoin? on: March 01, 2018, 10:36:21 AM
As the market grows, cryptocurrencies will become more widespread. It will play a significant role in the development of the financial system. The exchange rate of the cryptocurrency is currently very unstable. Therefore, investing in bitcoin is a big risk. When creating a reliable infrastructure to support the blockchain technology in the future will be able to eliminate all the risks and non-efficiency associated with the human factor.. And only after that it will be possible to create traditional investment portfolios.
233  Economy / Economics / Re: Bitcoin to be international currency on: February 28, 2018, 12:44:30 PM
To describe the bitcoin network, the definition as a full-fledged peer-to-peer electronic money system is more suitable. The system is designed to make payments without intermediaries.Now the network of bitcoin is still in the stage of development and implementation of Bitcoin now serves as a digital gold.Bticoin needs to go through the development stage.Solve the problems of flexibility, scalability and anonymity. And only then can it become a world currency.
234  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a currency? on: February 28, 2018, 11:37:14 AM
Bitcoin has never been and will never become a currency. There are basic criteria on which is determined by currency. 1. Act as a monetary unit. 2.Used as a means of exchange. 3. They are a means of preserving capital.Bitcoin does not meet all these requirements.Due to the constant fluctuations in the bitcoin exchange rate, it is poorly functioning as a means of exchange.Bitcoin has no nominal value. Because of its volatility, it also does not meet this criterion. Bitcoin as an alternative investment is ideal as a means of preserving capital.
235  Bitcoin / Bitcoin Discussion / Re: Philippines is starting to accept bitcoin. on: February 28, 2018, 11:05:29 AM
Bitcoin is the best way to invest in recent years, as shown by the exchange rates. Currently in the Philippines, electronic money is not accepted by banks. Since they are not material values. But time does not stand still and everything changes.The Philippine government plans to equate cryptocurrency to securities and issue licenses to banks for their use.Some companies already accept transfers in cryptocurrencies. This method is considered to be faster and cheaper.Cryptocurrency is a more effective way to attract capital.
236  Bitcoin / Bitcoin Discussion / Re: What will destroy the bitcoin? on: February 28, 2018, 10:33:51 AM
Bitcoin is a revolution . But there are some problems. Collaboration and integration of the community one of the ways of solving this problem. To destroy bitcoin and all cryptocurrency as a whole are some of the factors. Like a Grand hacker hack. As a result, huge amounts of money can be stolen. The end of bitcoin can also be a ban on cryptocurrency transactions by governments of all States.
237  Economy / Services / Re: ALAX.io Signature Campaign on: February 27, 2018, 04:50:39 PM
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238  Economy / Economics / Re: Is it possible for someone to manipulate the virtual currency market? on: February 23, 2018, 09:41:17 AM
Financial collusion poses the greatest danger to all types of markets. Stock market players often use speculative methods to make quick profits. Various methods of manipulation From information technology to everyday psychology are used. If the company has a high liquidity this is used by large banks and corporations.for speculative earnings. They have an informal arrangement among themselves to buy up the currency EN masse. Thereby creating hype and artificial demand for the currency for which there is currently no supply.
239  Economy / Economics / Re: The US Treasury accidentally reveals that CryptoCurrencies will help countries t on: February 22, 2018, 11:21:58 AM
Everyone knows that cryptocurrencies can sometimes be used by terrorists and other criminals to undermine the financial system. To make illegal transactions to hide their income. The reason for this is the lack of international regulation of cryptocurrencies. That is why to combat the illegal use of cryptocurrencies, the Treasury of large States plans to strictly control and regulate the cryptocurrency market. This should prevent financial crimes and enhance national security.
240  Economy / Speculation / Re: can bitcoin reach 25k$ on: February 21, 2018, 11:05:18 AM
It is very difficult to predict and predict.No one can give an absolutely accurate forecast. Bitcoin provides its investors with high returns. As they grow, there is a massive sale of altcoins. Some financial analysts really believe that bitcoin will reach such a mark. But no one can say when it will happen.
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