Now in India, profit from bitcoin trading will be heavily taxed. Notice for ₹ 0.1 M tax to be paid has been issued to bitcoin holders in India.
Not sure how much ₹ 0.1 M is but its the only way bitcoin will coexist with fiat and also give the regulators a feeling of control. Good to see they have found a way to collect revenues from cryptos hope this exploitation won't go on forever.
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Believe it or not, cryptos are just making their mark, if it took bitcoin almost 10years to put it on the world map, now guesstimate how long it will take altcoins to be fully recognized on the worldwide market... we still have a long way to go, ladies and gentlemen, lets not panic
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When ICO's collect your KYC docs, is that it? What do they do with them, just hold on to them for record keeping or are they required to process them some how?
probably just record keeping should any authorities what some information on a user... In my opinion, it is useful as information about buyers or investors in an ICO, and it could someday be a reference material for investors, to prevent crime
I agree certain projects require this information but for bounty hunters getting less than 100 dollars...KYC makes no sense in this case tbh
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I think all the good bounty, the difference is only on the allocation of prizes. If the allocation of the program is few and more participants then gift sharing will affect. So, I suggest you follow the translation campaign. Because although the percentage of allocations a little but the number of participants a little too. So, the translation campaign is better for you.
translation bounties are kind of the best but the unfortunate part is most of them are taken up by established translators which is good for the project bad for the bounty hunters and this introducing of KYC is making most of these campaigns attractive especially if what you getting is a stake
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Ok let me give you the standard answers:
* It's a great time to buy more! If you have some money left, buy more here! * This tank was to be expected * It's only FUD * It's because of Christmas !!
I agree with you, the price usually tanks today Christmas and the start of the new year now that these have passed price will start to recover and IMHO this should be a good time to buy some more coins.
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I see and topic that ETH will have alot of investor coming up this week (21 may to 24 may) do you think it will go up to 0.1? im still confused
sorry for my bad english
Didn't keep record of what really transpired around this time but from the end of year results of 2017 eth did perform pretty well and right now because bitcoin dipping, other cryptos are bleeding out in the process because bitcoin is the king , maybe btc needs some centralisation to keep its value
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So we are getting out tokens tomorrow What a great news... No. Can't you read instructions? We're only getting information about the distribution tomorrow. I have actually lost count of how long we have been waiting for the actual distribution, am guessing this could go on until the end of this month(February) unless they prove me wrong and distribute before that time
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Crypto will not be stopping for anyone because they chose to stop, after i achieve my target I will just reinvest and support new crypto projects and help others get to understand how to go about the crypto world. in my opinion is it will convert to half of money and another half again reinvest. what is your opinion and let rock together with my topic.?
I have no plans to get out of crypto, because I think it's the best. If I reach my target, I will continue to hold it for a higher target again, I think it will be more interesting. I like how you have laid out a strong plan, you could benefit for hodling for a long time.
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I've been just studying Bitcoin graph from 2013 till today and it seems like a good rule that once the btc price skyrockets, it always falls 50% back before it grows another 100% and more. I expect this trend to repeat in following months when the recovery should start reaching $25k for 1 btc by the end of the year.
Your thoughts on that?
I would say the drop is caused by traders or holders who are trying to take advantage of rising value but $25k would be a good time to see more investors pumping their money into bitcoin has people have a lot of hope for the digital currency.
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A stable currency is a healthy currency and i think day traders will be forced to find a volatile crypto to make some money from it... What if Bitcoin just hold steady for months and months bitcoin is not a centralized currency i think it cant hold steady for months, just my opinion could be wrong
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Tether Severs Ties With Its Auditor, Leaving Its Accounts Shrouded in MysteryBarely a week passes when Tether isn’t in the news. For a so-called stable coin, Tether and its acolyte Bitfinex are at the center of a lot of instability within the cryptoverse. After it emerged over the weekend that Tether had kissed goodbye to its auditor, critics of the opaque company began to wonder whether they would ever be granted a glance at the company’s books. Months of promises have ended with a whimper now that auditor Friedman LLP has exited stage left. Tether, Friedman, and the Audit That Never WasThe Tether story is like a children’s classic that’s been retold so many times as to obfuscate many seeds of truth. What is beyond dispute is that tethers – tokens with a fixed $1 value – are widely used as a means of surrogate fiat currency by millions of crypto traders and several major exchanges. Most people have no problem with this arrangement, nor do they dispute that Tether, and Bitfinex – the exchange whose owners hold a controlling stake in the company – is profitable. With Coinbase recording $1 billion of revenue a year, Binance raking in $300 million and Coincheck instantly compensating victims of the $400 million NEM hack in Japanese yen, exchanges aren’t short of money. It is the secretive way in which Tether operates that has given grounds for concern. Last year, after lingering rumors that the company didn’t possess the USD to cover the USDTs it was merrily issuing, Tether reluctantly agreed to conduct a public audit. Traders waited for the report to be issued, but as delays mounted up, commenters ventured that the audit would never be published. It appears they were right. Readmore here> https://news.bitcoin.com/tether-severs-ties-with-its-auditor-leaving-its-accounts-shrouded-in-mystery
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I don't know why people say bitcoin is gambling. Its not gambling.
I have not heard this one before but if we categorise bitcoin to be an investment then it might as well be a gamble. You are investing your money and time. You use your internet. So its not gambling dealing with it. IMO Money, time, internet those are just resources to aid the use of our bitcoin....
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My question is, are these Governments even going to let Bitcoins and crypto survive? As far as I know most countries today are democratic which means we get to elect people that will support this tech which is tomorrows technology and its not about the government letting crypto suurvive They are cracking down on it by saying that it is illegal to trade things such as Bitcoins as it is a support to terrorism and money-laundering. They are not understanding why it was created, but are coming up with baseless assumptions and even hurting people who are paying taxes too to these money-hungry people.
Our governments saying its promoting terrorism is a baseless assumption and their only defence because with its constant changing prices i dont think its a good funding source We are currently in the jeopardy of getting cryptocurrencies banned everywhere as if more and more countries join the list, the countries which are supporting it may also choose the same alternative. Banning cryptos everywhere Wont be happening
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after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends. But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?
To be honest you just got unlucky because of the unpredictable nature of bitcoin and its Not a bubble just the doing of day traders that's causing prices to go up and down. And for us to get a stable price lets wait and see what happens after regulations are in full effect and market is ready to trade
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-snip-
distribution of tokens? This is the most important news we need right now >>>the distribution of tokens because we had to wait for such a long time and it would be to the advantage of the platform had they distributed early to avoid any diping of the atlant coin
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I only yesterday saw the need for email confirmation of registration on your site. Already confirmed and just filled out the form in the profile. Well, I'm waiting for distribution Registration on the site allows you to get a personal cabinet, referral link and the opportunity to get Airdrops. The bulk of the bounty of tokens is likely to be distributed according to the ETH wallet indicated in the spreadsheet. In any case, you will not lose anything and get all the tokens. ETH wallet indicated in the spreadsheet is definitely a must but are the tokens sent directly to our wallets or will first go through the BITDEGREE platform
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Looks like Bitconnect is getting a class action lawsuit. Who would have known. Will have a new video tonight.
People have always warned about Bitconnect on the forum and youtube looks like the law has finally caught up with them and for the huge dip think in the lines of buy more instead of joining the panic sellers, only smart investors know this strategy
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Hi everyone, When is a good age to teach kids about crypto? Any suggestions on how to go about it? thanks I think age should not really be the deciding factor because some kids show signs of smartness at a younger age, I think kids should be ready to learn when they know how to use money and start making demands to be given some money that should be the best time to introduce them to cryptos...
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never even heard of it, and if they cant even afford to send a confirmation email that should be a red flag, hope this isnt a phishing attempt by these guys! The only way to protect yourself Stick to exchanges you can find on coinmarket for any listed coin on CMC
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I have never even thought of this to be a problem because i dont have an issue with gambling neither am i an addict or anything.
So basically i can do away with gambling for a long time without a problem.
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