Nope, because bitcoin is anonymous so nobody can know that you are doing bitcoin activity so the government can't tax you, but if you open local exchange and you used to do transaction using fiat then the government going to taxed you
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Always a good idea to invest your bitcoins it is always better than just hold your bitcoins and that is nice bcuase i like to use bitcoins as investment and also other things but bitcoins are making nice profits.
hold bitcoin will not regenerate, while the hold will provide additional bitcoin, I would prefer an investment than doing holding #imo The problem with investing the bitcoin now is that there are too may scam sites out there. It is very dangerous. It's not the problem of bitcoin for sure as it depends on the certain investor, we have the method to select a more legitimate sites where to put our money and it is easy to spot scam sites now as we are in the community where people shares their opinion on a certain investment. As long as you do the study prior every investment you will minimize the risk of losing. I agree as long as we do our assignments before investing, the we may be able to avoid scam sites. Besides there are more and more legit companies that are openning a service where you can make an earning with bitcoin. And the games on companies using bitcoin is changing, they are now getting legal documents and permits from the authority to show that they are legitimate and investors are covered and protected by law. I think to invest bitcoin you need to be smart and really careful there are tons of scam site, and legal document and permit can't be guarantee that they won't be scam, for me i would choose invest in gambling, because they can earn a lot of profit and if they got good reputation the site can earn way more than investor invested money
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My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself
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Poker is a gambling activity if you are playing with money, and it was created to become gambling games, but poker can become games if you are playing without the real money, so it depends on how you play and in my opinion joining poker tournament is consider as gambling activity
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Bitcoin is one the greatest invention for human being, it is the the first currency that free from any interference, it is one currency that can't be control government, and it has a good value and can become a good investment, but i wonder how long until government try to regulate bitcoin
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Yes it really profitable to invest in bitcoin, if you search the price from 2015 you can see the significant rising up until now, however i am not suggesting you to convert all of your saving into bitcoin, you need to spare some in case bitcoin gone bad
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Some of you are forgetting something. It is almost as easy to scam players by fraudulent casino than it is to use your bitcoin for gambling. You don't have any legal guarantee that your bitcoin won't be confiscated and service you used won't disappear over night.
Well, they can do that but they prefer not.. What is more important to them is their reputation and that attracts customers. with their reputation they can make consistent income and if you are int the business that is what you want than just earn one time big time. I think rather than scammed their customer it is better to raise their reputation because if a gambling site already popular their income will be very profitable, gambling is a promising business in the future especially with bitcoin casino
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I think is quite possible, because crypto currencies has become a hit lately, and the feature that crypto currencies is very suitable for their needs and usage which is anonymity and unlimited transaction, and because bank can't provide these two main feature i dont think the bank will adapt or merge with bitcoin soon
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I don't think we need bitcoin bank i feel more secure with bitcoin wallet, and i feel my privacy is more protected using bitcoin and also i can have full control of my money in my wallet,so i think bitcoin bank is a stupid idea and it is not suitable for bitcoin user
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I think there is high possibilities where people do big transaction using bitcoin,but it's difficult track and i think for the future there will be more people using bitcoin for big transaction because with bitcoin there won't be any party questioned where we got the money and there is no limit in sending bitcoin
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Passive income is great income because by doing almost nothing we can earn money, with a good capital you can earn passive income by investing, if you got no money and you want to earn passive income, you can try affiliate program, some of the site is going to pay you if your affiliate is active
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Gambling is for fun and entertainment, if you are playing for profit or for earning a living then i suggest you to stop gambling because for sure you won't be able to win against the house and you will be losing all of your money
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I prefer my money in bitcoin, because bitcoin can become a valuable investment, and the inflation rate of the fiat is too fast so if i keep my money in fiat my asset will decrease shortly and then i predicted in the future bitcoin price will keep on rising, so it will be a great idea to store your money in bitcoin
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Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?
I doubt there will be a lot of bitcoin user is going to interested in this kind of idea, most of them used bitcoin because they want to stay anonymous when they do transaction and besides that it is easier to do transaction using bitcoin, i don't need to bother to convert my currency into my partner currency when i do global transaction
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Trading is better than gambling because trading rely on skill so you can earn more and you can use it everyday, while gambling you rely on your luck and you won't be lucky everyday, and if you are not lucky in trading you don't lose all of your money
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If it's only illegal in my country i will keep using it,i still can find way to exchange my money into fiat , i will keep using bitcoin stealthly, and i will be extra careful when i am going to use bitcoin, but i won't stop using it
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to me the main source from where the exchanges get their money is from the transaction fee, may be they also have invested their bitcoins in different places,
They are investing their bitcoins for selling it to their exchange site and I am sure that they have other some source of income for supporting their exchange like mining farm. But yes, their main source is coming from transaction fees even the fees are small but out of many users, they are able to collect a lot monthly. But why about some site or wallet ar not trying for charging a small fee for their member today? like xapo he never charging their member with the another fee except for trying charging for giving fees for the miners get a confirmation for their transaction and how their source? about the ads income are not balancing for their daily spend. Most common way of exchanger det their profit is from transaction fee, for coinbase they got it from buying and selling bitcoin, for xapo i think they got it from the advertising or affiliation from their faucet game
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There is a way to earn 0.01 but it need a lot of bankroll and it is very risky, if you got that momey to play you can try to bet 0.1 btc with 90 % chance of winning and if you are losing then you need to bet 1.1 btc to cover the lost, so wvery lost you need to 1100% from your previous bet
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I cant wait to buy lamborghini using bitcoin, i hope that i can buy more things using bitcoin and it is better to buy things using bitcoin so nobody knows what we buy, and it is easier to do the transaction
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I think bitcoin is a good investment, because now the bitcoin price is so stable and a lot of transaction happened using bitcoin, which is good, because it is going to make the price even more valuable
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